Industry News & Market Updates

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Huawei, ZTE captured 87% market share of India's 4G data card market in Q1

Posted On: 15-02-2020

NEW DELHI: Chinese telecom gear maker ZTE topped the 4G data card market during the first quarter of the calendar year 2015, followed by another Chinese player Huawei, According to 6Wresearch, which also claims that Huawei and ZTE together captured around 87% market... Read More

How wallet companies like Paytm, MobiKwik, Oxigen Wallet are trying to prevent fraudulent mobile transactions

Posted On: 15-02-2020

Paytm is experimenting with facial recognition technology to secure mobile transactions. MobiKwik has introduced card checks and device ID checks. Oxigen Wallet has launched mobile virtual cards powered by Visa for users without debit or credit cards to transact securely on eCommerce sites. ... Read More

Find your connected home at Gitex Shopper

Posted On: 15-02-2020

Living in a smart home is no more a high aspiration, but a new normal for UAE residents - more so for the digital-savvy millennial population who either own a house or looking to buy one. As the world hails 2017 as... Read More

From healthcare to manufacturing, 3D printing set to grow big in India

Posted On: 15-02-2020

A team of surgeons from Medanta: The Medicity, Gurugram, last year successfully implanted a 3D-printed vertebra in a 32-year-old woman - helping her walk again after a bout of disabling spinal tuberculosis. The 10-hour-long surgery was the first-of-its-kind for reconstruction with a... Read More

Gulf physical security market seen at $23bn by 2024

Posted On: 17-02-2020

The regional market for physical and perimeter security is expected to grow 13.5 percent CAGR between 2018 and 2024, by when it is estimated to be worth $23 billion, said research firm 6Wresearch in a white paper. Increased government spending on safety... Read More

Growing young population driving KSA's QSRs

Posted On: 15-02-2020

Saudi Arabia is one of the key contributing countries in GCC's fast-food market. According to 6Wresearch, Saudi Arabia's fast food market is projected to reach US$9 billion by 2023. Fast food demand is anticipated to register growth in the forecasted period due to... Read More

Growing pollution boosts Air Purifier market in India

Posted On: 15-02-2020

Recent research done by 6Wresearch estimates that from 2016-22, the India Air Purifier market will grow at a CAGR of 37.6%. As of now, the Air Purifier market in India is at a nascent stage and is mainly confined to the metropolitan... Read More

The global surveillance market is experimenting with new applications: Subashini Ramakrishnan, Chief Technology Manager, Dax Networks

Posted On: 15-02-2020

According to 6Wresearch, the video surveillance market in India is expected to reach $952.94 million by 2016. This growth presents exciting growth opportunities for companies like Dax Networks, which provide end-to-end networking product solutions like routing, switching, cabling, wireless, local area network extenders. ... Read More

Global Li-Fi Market To Grow At 115% CAGR During 2016-22

Posted On: 15-02-2020

Though Li-Fi is an emerging technology, which is yet to be commercialized globally but is anticipated to record exponential growth over the coming years. At present, the Li-Fi market is still in the nascent stage and is confined to limited applications. Many companies,... Read More

GCC Video Surveillance Systems Market (2017-2023)-6Wresearch

Posted On: 15-02-2020

Surging the construction market, increasing government spending, infrastructural development, rising FDI in the retail and construction market coupled with government regulation for compulsory installation of the surveillance systems in public areas are few factors that have led to the growth of video surveillance... Read More

GCC solar equipment market to reach $8.8bn by 2022

Posted On: 15-02-2020

Growing energy requirements, infrastructure development, decrease in global oil prices along with the increased focus on renewable sources especially solar energy are some of the key factors that would spur the demand for solar equipment in the GCC region. According to 6Wresearch,... Read More

GCC Solar Equipment Market (2016-2022) explored in latest research

Posted On: 15-02-2020

GCC Solar Equipment Market to Reach $8,852.5 Million by 2022, Acwa Power, Masdar, TKS, Solar Companies Along with Other Local Companies to be Key Market Players - 6Wresearch Growing energy requirements, infrastructure development, decrease in global oil prices along with the increased... Read More

GCC construction equipment market at 1.6% growth

Posted On: 15-02-2020

The GCC construction equipment market will grow at a compound annual growth rate (CAGR) of 1.6% from 2016 through to 2022, according to a detailed forecast by 6Wresearch. In a 330-page report, GCC Construction Equipment Market (2016-2022), 6Wresearch looks at many... Read More

Gas genset market to grow 9.53pc

Posted On: 15-02-2020

Global gas Genset market is experiencing a steady growth owing to the electricity demand-supply gap, need to generate power from cleaner source of energy, infrastructure development and fast growth in industrialisation and commercialization sector, according to a report. The instability in... Read More

Foreign players lead India STB market

Posted On: 15-02-2020

According to a report by 6Wresearch on the quarterly India STB market (Q1 2013), in spite of the relief given to local players by increasing 5 percent customs duty on imports of STBs in India, domestic players are finding difficult to produce STBs... Read More

Five-year growth for Saudi genset rental market

Posted On: 15-02-2020

The Saudi Arabia diesel genset rental market is expected to grow 3.7% year-by-year until 2022, according to the latest report by 6Wresearch. It said increasing construction activities, expansion of public infrastructure, government policies to support establishment of new industries, and the... Read More

Fire safety industry burns bright in the Gulf

Posted On: 15-02-2020

Rajat Kharbanda, the senior consultant at 6Wresearch, outlines how rising infrastructure investments, government regulations, and upcoming mega-events are driving the GCC fire safety market Fire safety equipment is the core building block in modern building infrastructure. The growing number of high-rise buildings,... Read More

Explore India's amateur digital camera market through an expert's eye

Posted On: 15-02-2020

Canon India is changing the world of photography in India through its breakthrough technology and innovation. From the hands of only the professionals, DSLRs have now entered the hands of more enthusiasts and amateurs. People are now showing an active interest in photography,... Read More

E-surveillance likely to expand at 13%

Posted On: 15-02-2020

Secures Systems Pvt. Ltd is a new-age Internet of Things (IoT) company with a vision of being the largest provider of electronic surveillance (e-surveillance) services in India. The company offers Distinctive Monitored Intrusion Alarm solutions to meet the need for high-value asset protection... Read More

Earthmoving equipment market grows

Posted On: 15-02-2020

Saudi Arabia is fast becoming a major market for earthmoving equipment manufacturers, thanks to the ongoing construction and infrastructure development activities in the country, said a report. The earthmoving equipment market in Saudi Arabia is poised to grow at a compound annual... Read More