Artificial Intelligence
Automated And Semi-Automated Cars Are Expected To Propel The Growth Of The Camera Modules Market At A Rate Of 8% As Per The Business Research Company’s Camera Modules Global Market Report 2022
LONDON, May 05, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the camera modules market, the rising popularity of automated and semi-automated cars is significantly contributing to the growth of the camera module market. Automated and semi-automated cars are advanced cars having Autonomous Driving System (ADS) that uses artificial intelligence, integrated cameras, and other software to perform all driving tasks on behalf of drivers or provide certain driving assistance like active steering, breaking, and acceleration based on roads and other environmental conditions. Camera modules are widely used in automotive camera systems, which are an integrated part of Autonomous Driving System to provide high-definition imaging to process data for driving cars autonomously. For instance, in 2020, according to an International Data Corporation (IDC) report, approximately 31.4 million vehicles have some kind of automation and that number is expected to reach around 54.2 million vehicles in 2024. Therefore, the rise in popularity of automated and semi-automated cars is expected to propel the growth of the camera module market over the coming years.
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The global camera module market size is expected to grow from $39.58 billion in 2021 to $43.70 billion in 2022 at a compound annual growth rate (CAGR) of 10.41%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global camera modules industry growth is expected to reach $59.83 billion in 2026 at a CAGR of 8.17%.
Strategic partnerships and collaborations are the key trends being followed by the companies operating in the camera module market. This is due to the presence of a large number of camera module manufacturing companies operating in the market and their desire to extend their growth into new areas of the market. For instance, in March 2021, OnePlus, a China-based smartphone manufacturing company, and Hasselblad, a Sweden-based camera manufacturing company, formed a strategic partnership for three years. This partnership will allow OnePlus to strengthen its mobile camera quality by developing next-generation camera systems for its new OnePluse 9 series devices and additionally improving and updating software, colour tuning, sensor calibration, and user-friendly camera interface.
Major players in the camera module market are Samsung Electro-Mechanics, LG Innotek, Sony Corporation, Sunny Optical Technology (Group) Company Limited, Hon Hai Precision Industry Co. Ltd, Sharp Corporation, Stmicroelectronics, Omnivision, Chicony Electronics CO. Ltd, Partron Co. Ltd, LITE-ON Technology Corporation, Toshiba Electronic Devices & Storage Corporation, cowell, Primax Electronics Ltd, AMS Technologies AG, ofilm, and McNex Co. Ltd.
The global camera modules market segmentation is categorized by product type into CMOS camera module, CCD camera module; by component into image sensors, lens modules, voice coil motors; by focus type into interface, pixel, process; by applications into medical, smartphone and tablet PC, automotive, defense and space, industrial and security, consumer electronics.
Asia-Pacific was the largest region in the camera module market in 2021 and is also expected to be the fastest-growing region in the global camera modules market during the forecast period. The regions covered in the global camera module market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Camera Modules Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provide camera module market overviews, camera module market analyze and forecast market size and growth for the whole market, camera module market segments and geographies, camera module market trends, camera module market drivers, camera module market restraints, camera module market leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Dashboard Camera Global Market Report 2022 – By Type (Front Facing Dashcam, Front And Rear Dashcam, Front And Interior Dashcam, Triple Lens Dashcam, Miniature Dashcam), By Technology (Basic, Advanced, Smart), By Application (Commercial Vehicle, Personal Vehicle) – Market Size, Trends, And Global Forecast 2022-2026
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NEW YORK, April 15, 2024 /PRNewswire/ — AFS Intercultural Programs, a global non-profit educational exchange organisation, is proud to announce the second year of Global STEM Innovators scholarships in the United Kingdom – equipping young people with access to STEM, sustainability, and global competence education.
The AFS Global STEM Innovators is a five-week, full-scholarship exchange program, for 50 youth (ages 14 to 17), that fosters the understanding and skills needed to help the world transition to a more sustainable future. The program combines an interactive virtual exchange focused on global skills, and a week-long, in-person workshop focused on innovations in STEM. Scholars will explore sustainability and social impact through diverse perspectives, innovations, and real-world case studies, including opportunities to meet with STEM industry leaders and experts.
Upon program completion, scholars earn the award-winning AFS Global Competence Certificate and are invited to join the AFS Global STEM alumni community, which offers mentorship, networking, and further academic and professional development opportunities.
Program Dates
Application Deadline: 15 May 2024Virtual Exchange: 8 July – 9 August 2024 (online)Workshop: 11-17 August 2024 (in-person)Eligibility
Legal residence in one of the following postcode areas: Aberdeen (AB), Cardiff (CF), Darlington (DL), Newport (NP), Swansea (SA), or Teesside (TS)Birthdate: 1 January 2007 – 31 July 2010AFS has partnered with Celtic English Academy in Wales to administer the program. Full scholarship funding is provided by bp, which supports AFS Global STEM programs to help build the STEM talent that the world needs to create sustainable solutions and improve the diversity of talent in STEM.
AFS brings decades of expertise in impact-driven educational exchange and the power of a global network. “We know that young people are eager to innovate and bring positive change to their communities, and we are proud to empower young people with critical global skills and knowledge, like cross-cultural communication, empathy, and conflict resolution,” says Daniel Obst, President & CEO of AFS. “Educating more young people to become global citizens is crucial to create a more sustainable future.”
To learn more or apply, please visit https://afs.org/global-stem/innovators/.
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Artificial Intelligence
Zimperium Positioned as the Leader in the 2024 SPARK MatrixTM for In-App Protection by Quadrant Knowledge Solutions
The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading In-App Protection vendors.Zimperium, with its comprehensive technology for In-App Protection, has received strong ratings across the parameters of technology excellence and customer impact.MIDDLETON, Mass., April 15, 2024 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it has named Zimperium as the 2024 technology leader in the SPARK Matrix™: In-App Protection, Q2 2024.
The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of the global market dynamics, vendor landscape, and competitive positioning. The study also provides a competitive analysis and ranking of the leading In-App Protection providers in the form of the SPARK Matrix™. The study also provides strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market positions.
Ayush Patidar, Analyst at Quadrant Knowledge Solutions, states, “Zimperium’s Mobile Application Protection Suite (MAPS) provides ‘shift left’ security to Android and iOS mobile applications through a unified security platform that protects sensitive user information through app shielding techniques and advanced cryptographic key protection capabilities. Zimperium has received strong ratings across technology excellence and customer impact and has been positioned as a leader in the SPARK Matrix: In-App Protection, Q1 2024.”
“In-app protection capabilities enable seamless integration of security throughout the application lifecycle from development to runtime without slowing down releases. The app’s comprehensive protection prevents reversing and tampering in app stores and defends against on-device threats,” said Krishna Vishnubhotla, Vice President of Product Marketing, Zimperium. “Being able to update the in-app detections and responses over the air is key as it allows security teams to keep up with evolving threats without having to release a new app every time.”
Additional Resources:
For more information about Zimperium, visit hereSPARK Matrix: In-App Protection, Q1 2024Complimentary Download – SPARK Matrix: In-App Protection, Q1 2024: LinkAbout Zimperium
Zimperium enables companies to realize the full potential of mobile-powered business by activating a Mobile-First Security Strategy. Built for the demands of mobile business, Zimperium’s Mobile-First Security Platform™ delivers unmatched security across both applications and devices. Only Zimperium delivers autonomous mobile security that dynamically adapts to changing environments so companies can securely capitalize on the new world of mobile-powered opportunities. Zimperium is headquartered in Dallas, Texas and backed by Liberty Strategic Capital and SoftBank. For more information, follow Zimperium on Twitter (@Zimperium) and LinkedIn, or visit www.Zimperium.com.
Zimperium Media Contacts:
Lisa Bergamo [email protected] (650) 380-9250, Sena McGrand [email protected] (917) 941-4975
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://quadrant-solutions.com/market-research/
Quadrant Media Contact:Mr. Ajinkya Ingle Quadrant Knowledge Solutions Regus Business Center 35 Village Road, Suite 100, Middleton Massachusetts 01949 United StatesEmail: [email protected] Phone: (+1) 978-344-2770
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Artificial Intelligence
Broadcom Earns Frost & Sullivan’s 2024 Global Company of the Year Award for Delivering Reliable and Flexible Hybrid Cloud Management Solutions
Broadcom’s VMware software leads the industry with its innovative approach to hybrid cloud management, providing businesses with unparalleled visibility, automation, and control over diverse IT environments.
SAN ANTONIO, April 15, 2024 /PRNewswire/ — Frost & Sullivan recently researched the hybrid cloud management industry and based on its findings, recognizes Broadcom Inc. with the Global Company of the Year Award. This award is based on VMware software which Broadcom acquired in November 2023.
VMware software unifies and streamlines hybrid cloud environments and accelerates app innovation for the world’s most complex organizations. VMware hybrid cloud management solutions are globally recognized for their comprehensive features and integrations that extend visibility and control to Kubernetes environments and applications. VMware software, however, is unique based on in its integrated support for various infrastructures and its focus on automation to ensure consistent security and governance policies, reduce human error, and maintain budget alignment.
Through its acquisition of VMware, and with its strategic product development and highly innovative approach, Broadcom has solidified its position as a leader in the hybrid cloud management space. The company has solidified its position as a leader in the hybrid cloud management space by offering features not offered by other providers, including support for Kubernetes environments. Its hybrid management platforms support the widest variety of infrastructures and clouds in the market today, and recent enhancements have strengthened its security capabilities.
“Broadcom has earned its leadership position by acquiring VMware’s highly successful hybrid cloud platform. As Broadcom drives VMware’s roadmap for continued enhancements around app-aware infrastructure management comes to fruition, the company will experience continual growth as a market leader,” said Karyn Price, Industry Principal, ICT at Frost & Sullivan.
Recognizing the evolving needs of the global market, VMware successfully integrated new functionality by acquiring companies such as Mesh7 and SaltStack prior to the Broadcom acquisition. Mesh7 brought valuable API management capabilities, enhancing VMware’s service offerings, while SaltStack improved the company’s event-driven automation and security operations. This blend of strategic acquisitions with in-house platform development has allowed the company to offer a versatile solution that addresses a broad spectrum of cloud management demands.
Furthermore, VMware consistently demonstrated an unwavering commitment to organic growth, mainly through enhancing its app-aware infrastructure management capabilities. By consistently developing and updating its product suite, VMware ensured its offerings remained at the forefront of technology, catering to the dynamic needs of businesses undergoing digital transformation. In addition, Broadcom leverages generative artificial intelligence (AI) automation features, showing strategic thinking and leadership in platform growth and evolution. As a result, this commitment to innovation and growth positions VMware software as a key participant in the hybrid cloud management space, and Broadcom is expected to strengthen its market leadership in the next few years.
“With VMware software, Broadcom is one of the few providers that offers integrated support for APAC-based infrastructure providers and boasts the broadest variety of infrastructures supported on its hybrid cloud management platform,” noted Price.
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence, in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership, in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:
Tarini SinghP: +91- 9953764546E: [email protected]
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