Thursday, 11 February 2016

Technological Innovations Drive the world ATM Market

Automated Teller Machine (ATM) enables users to do transactions at any time. It provides convenience users to withdraw money when banks are closed. Though banks provide pin and CVV, frauds and card skimming are creating problems in lives of users. But, ATM industry is moving toward more time efficient and secure way of transactions. A new service called contactless ATM has been introduced, which enables users to withdraw cash using smartphones. Contactless ATM, also known as eATM are paving way in the world. Contactless ATM services enable users to access without debit cards. The service has been put into practice in countries, such as Canada and Spain. Banks in U.S. are endeavoring to bring contactless ATM services with the help of mobile payment services, such as Apple Pay and Android Pay. Banks, such as Chase, Bank of America, and Wells Fargo are planning to create NFC-equipped ATMs. Chase is launching their program in two phases.

Wednesday, 10 February 2016

Growing Applications Encourages Innovation in The Electric Motor Market

A company trying to re-engineer its old design or discover a new product focuses mainly on the electric motors. Electric motors by Telsa are the finest example of innovation and are playing a major role in lowering the motor temperature. Furthermore, company’s major focus on manufacturing electric vehicles has further equipped the makers to design cars right from a clean sheet of paper. In addition, the company has also created a robust engineering learning curve. Major brands are also experimenting by shrinking the electric motors yet maintaining the quality. In a recent incident DeltaWing and DHX made news by introducing light and small motors, that can reduce the weight and volume needs can enhance the efficiency of the car. This further results in greater range.

Tuesday, 9 February 2016

Connected Cars Market is Expected To Reach $141 Billion, Globally, By 2020

PRNewswire/ -- According to a new report by Allied Market Research, titled "Global Connected Cars Market (Technology, Connectivity Solutions, Application, Products & Services and Geography) -Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020", the global connected cars market is forecast to reach $141 Billion by 2020, growing at a CAGR of 32.7% during the period (2014 - 2020). Integrated connectivity solutions segment is expected to emerge as a preferred connectivity solutions for connected cars, surpassing embedded connectivity solutions segment in 2016. North America currently garners major market share and would maintain the position throughout the forecast period.

Monday, 8 February 2016

Foods of the Future: What Will We Be Eating?

Forbes - Ever wonder what people will be eating 35 years from now? Experts say the diet of 2050 will revolve less around meat and more around bugs. What’s more? NASA -inspired superfood bars, 3D printed custom-designed menus and plenty of kale.

Government Initiatives Attracts Small Entrepreneurs to The E- Waste Market

Today, there has been a significant increase in the number of discarded electronic devices. Used electrical equipment that are destined for salvage, disposal or reuse too have increased considerably. Furthermore, e – waste is considered hazardous owing to its toxic components, that also consists of heavy metals. The harmful toxic chemicals often found in e-waste are arsenic, lead, mercury and cadmium amongst others. These chemicals not only pollute the environment but also cause damage to life, when processed. The growing concerns over the harmful impacts of e-waste on environment has triggered initiative at different level in North America, Europe and Japan.

Friday, 5 February 2016

Meatless Meat Market Will Reach $5.2 Billion by 2020

Market research company predicts vegetable-based meat alternatives will skyrocket in the next four years.

A new report from Allied Market Research predicts that the meat alternatives market will reach $5.2 billion by 2020. The research profiled meatless meat producers such as Amy’s Kitchen, Beyond Meat, Garden Protein International, Inc. (Gardein), Quorn, and Morningstar Farms to reveal that meat alternatives—such as tofu and soy products but increasingly vegetable-based proteins—are slated to experience a compound annual growth of 8.4 percent overall. According to the report, “increasing health awareness coupled with increasing consciousness towards environmental sustainability and animal welfare have been the major factors driving the growth of meat substitute market.”

Tuesday, 2 February 2016

Near Field Communication Market Future Remains Promising Owing to Innovative Business Strategies

Set of technology and ideas that facilitates smartphones and other gadgets to establish radio communication is termed as NFC or Near Field Communication. Furthermore, near filed communication is a type of contactless communication, that empowers the consumers to wave their smartphone or other devices over gadgets that are NFC compatible. Thus, information can be easily send data without actually having to touch the equipment together. Besides this, the devices go through several steps in order to set up a connection. On the other hand, the Near Field Communication has several benefits that has enabled the market to occupy a major market share.
Key advantages of the market are as follows;