Building Information Modelling Market – Snapshot
The digital method for representing constructing projects is saving revenues. It is enabling architects, engineers, contractors, and other construction professionals to plan and design any construction project. Further, representation to a client also becomes an easy job.
Use of building information modelling allows easy exchange of information among entities involved. Also, it offers high rate of return on investment. In addition to all the benefits offered, time consumption is reduced significantly.
All the factors are cumulatively driving building information modeling market globally.
The software tool is gaining popularity across the globe and hence it is rapidly being adopted in infrastructural projects, and construction industry. This is, further, fuelling building information modeling Market.
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The software applies prefabrication techniques to design green buildings and allows data exchange between remote developers. Thus, government bodies are formulating regulations which entails the usage of building information modelling while planning and designing buildings. The regulations are likely to boost the building information market in the tenure of forecast period (2015-2022).
On the flip side, trained professionals are required to operate on the software. The number of trained human power is not enough to fulfil the rising demand for application of the building information model. Further, high training cost may limit the adoption rate of the software. Thus, affecting the growth rate of building information modeling market.
Global Wireless High Definition (HD) Market: Overview
The demand for wireless high-definition (HD) technology and devices rides on the growing popularity of a variety of consumer electronic devices capable of transmitting HD video content without wires. The global wireless high definition (HD) market has reaped huge gains from the rising adoption of wireless HD-enabled portable devices among home users. The technology has also gained traction in a range of industrial processes. In addition, world over there is a surging interest in wireless HD technologies in sectors such as medical and consumer goods. In recent years, the soaring demand for these technologies in the gaming sector has created vast lucrative avenues.
The key wireless technologies under its ambit are Wi-Fi, wireless gigabit alliance (WiGig), TransferJet, wireless display (WiDi), and chip ASPs. WirelessHD as a specification was finalized in January 2008. Constant advances in these technologies have improved the video quality using less bandwidth. Some of the popular devices using wireless HD are tablets and smartphones, televisions, e-book readers, CE media dongles, and set-top boxes.
The report offers an incisive analysis of key factors and trend shaping the growth dynamics and sheds light on promising avenues. The study also takes a closer look at strategic landscape, which helps new entrants as well as established players identify imminent investment pockets. The research findings highlights the changes in government policies in the telecommunication sector and evaluates the impact these are likely to have on the prospects of the wireless high definition (HD) market.
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Global Wireless High Definition (HD) Market: Trends and Opportunities
The global wireless high definition (HD) market is projected to witness a robust thrust from the constant advancements in wireless technologies in various parts of the world. A striking penetration of wireless connectivity in emerging nations in recent years is a notable factor that has helped in the rapid evolution of the wireless high definition (HD) market. The advent of consumer electronics with 3G and 4G network technology is a noteworthy factor aiding in the rapid expansion of the wireless high definition (HD) market. The global wireless high definition (HD) market is also likely to benefit substantially from the current and planned launch of new high-band spectrum by governments in developing and developed countries, such as in India and the U.S. respectively.
The rise in manufacturing cost of these wireless HD-enabled devices and notable compatibility concerns across devices are factors likely to impede the market’s growth. In addition, potential downsides in popular wireless technologies, such as wireless interference, are also crippling the demand for wireless HD devices. Nevertheless, the striking leap that the wireless high definition (HD) market is expected to take in the coming years bodes well for the market. This is likely to be fueled by the growing popularity of wireless HD video modems for an assortment of consumer electronics devices Furthermore, the staggering use of smartphones will contribute to the growth of the market.
Global Wireless High Definition (HD) Market: Regional Outlook
Geographically, various developed regions are presenting several lucrative prospects for market players to capitalize on. On the other hand, several emerging nations are considered to be no less promising. Manufacturers are tapping into these regions with the hope of exploring new revenue streams. One of the most significant factors supporting the rise of emerging markets is the massively rising number of internet users in countries such as India and China. The rising interest in smart communication technologies in key economies of Asia Pacific will also aid in its rapid expansion. North America and Europe are also prominent markets, driven by the large number of early takers for cutting-edge wireless HD technologies.
Companies mentioned in the report
The report sheds light on the profile of key players, gives a critical insights into their current offerings, and takes a closer look at their investment strategies. The study also highlights key strategies, such as mergers and acquisitions, adopted by prominent players to maintain their stronghold in the market. Companies expected to hold a position of strength in the market include Intel Corporation, Microsoft Corporation, Broadcom Corporation, Dell, Toshiba Corporation, Nokia, Panasonic Corp., Sony Corporation, Samsung, NEC Corporation, and LG Electronics Inc.
Major regions analyzed under this research report are:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.