Tag: market

13
Oct
2020
Posted in technology

Apple sees $81 billion in market value erased as it unveils its first 5G iPhones



icon: iPhone 12 Apple


© Apple
iPhone 12 Apple

Apple tumbled as much as 4% on Tuesday as the company unveiled its latest iPhones.

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The tech giant revealed its first 5G-capable lineup of phones spread across four new models. The iPhone 12 will be available in a 6.1-inch size and as a 5.4-inch variant deemed the iPhone 12 mini. The premium iPhone 12 Pro will be sold in 6.1-inch and 6.7-inch sizes. The new phones will also boast more durable screens, upgraded cameras, and a faster processor.

Shares traded at an intraday loss before the event but slid further after the reveal began at 1 p.m. ET. At the stock’s intraday low of $119.65 per share, Apple saw $81 billion erased from its market capitalization.

Read more: Apple just unveiled the first iPhones that include 5G technology. A Neuberger Berman investment chief says he’s identified 3 overlooked ways to profit from the world-changing innovation.

The company also revealed the HomePod mini, a smaller and less expensive alternative to its smart speaker. The new speaker launches in November for $99.

Though much of the event brought highly anticipated additions to the new generation of iPhones, some elements of the launch may have rankled consumers. For one, the phones will be the first to lack wired earbuds and a power adapter in the box. Apple touted the items’ exclusion as a major step toward reaching full carbon neutrality.

Analysts expect the new iPhones to drive a stronger-than-usual cycle of upgrades among Apple customers. The inclusion of 5G marks the first major step forward in iPhone’s cellular technology since the iPhone 5 was released in 2013. The iPhone 12 also introduces the first major design overhaul for the handset since the iPhone X’s 2017 release.

Read more: MORGAN STANLEY: Buy these 44 cheap stocks poised

13
Oct
2020
Posted in technology

Greenhouse Horticulture Market | Improved CO2 Extraction Technologies to Boost the Market Growth

The greenhouse horticulture market size is poised to grow by USD 8.81 billion during 2020-2024, progressing at a CAGR of almost 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005873/en/

Technavio has announced its latest market research report titled Global Greenhouse Horticulture Market 2020-2024 (Graphic: Business Wire)

Plants need CO2 to produce glucose during the process of photosynthesis. Greenhouses require additional CO2 to be given to the plants for increasing the yield, even with proper ventilation. CO2 can be extracted from the air using different techniques. Earlier techniques for achieving optimum levels of CO2 included capturing CO2 using biomass or geological engineering. A recent technique called direct air capture captures CO2 directly from the atmosphere. The companies are coming up with advanced technology to extract CO2. Therefore, improvements in CO2 extraction technologies for greenhouses will influence the growth of the greenhouse horticulture market during the forecast period.

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Report Highlights:

  • The major greenhouse horticulture market growth came from the plastic segment. Plastic greenhouses are generally made from polycarbonate, acrylic, polyethylene, or fiberglass. Polycarbonates and acrylics are plastic materials having high impact strength and protect crops from snow as well as hail without breaking. Polyethylene transmits lesser light than glass and is resistant to the impact of hail. Moreover, the adoption of plastic greenhouses is increasing due to lower initial investment costs

13
Oct
2020
Posted in technology

Pachama: Carbon-credit startup puts a price on trees, market opportunity

  • Backed by Amazon and a fund led by Bill Gates, Pachama runs a marketplace for forest carbon credits. 
  • Carbon credits are generated when a forest is conserved or restored. 
  • As more companies pledge to reduce or eliminate their emissions, the market for carbon credits is expected to surge. 
  • Researchers challenge the efficacy of carbon credits for curbing deforestation and reducing global emissions.
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In late August, a forest fire, set by lightning and emboldened by climate change, whipped across the Santa Cruz Mountains in California, ultimately burning more than 85,000 acres. 

Diego Saez Gil’s home was among its victims. 

Ironically, it was in that home that Saez Gil dreamt up the idea for his startup, Pachama. Founded in 2018, the company aims to fight climate change — which makes wildfires more common and severe — by protecting forests.

“It is meaningful that now my house is taken by the consequences of climate change, and that those forests will need restoring soon,” Saez Gil, the company’s cofounder, wrote on Medium the day after his home was destroyed. “You can’t make our mission more personal to me now.” 

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Saez Gil’s startup is a tech company, but it’s not your typical Silicon Valley startup.

Pachama sells carbon credits, which represent the carbon dioxide that trees remove from the air. Forests that are protected or restored can generate credits, and companies can buy them to offset their own emissions.

The idea is that, in doing so, businesses can help curb deforestation while reducing their overall climate footprint. 

Though Pachama is just a few years old, it’s won backing from major investors including Bill Gates’ Breakthrough Energy Ventures, Amazon, and tennis

13
Oct
2020
Posted in technology

Wearable Technology Market to reach USD 35.48 bn by 2024, Alphabet Inc. and Apple Inc. emerge as Key Contributors to growth

Technavio has been monitoring the wearable technology market and it is poised to grow by $ 35.48 bn during 2020-2024, progressing at a CAGR of over 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005187/en/

Technavio has announced its latest market research report titled Global Wearable Technology Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19

Frequently Asked Questions:

  • What are the major trends in the market?
    Emergence of hybrid smartwatch market is a major trend driving the growth of the market.

  • At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 12.70% and the incremental growth of the market is anticipated to be $ 35.48 bn.

  • Who are the top players in the market?
    Alphabet Inc., Apple Inc., Fossil Group Inc., Garmin Ltd., Huawei Investment & Holding Co. Ltd., LG Electronics Inc., Polar Electro Oy, Samsung Electronics Co. Ltd., Vuzix Corp., and Xiaomi Corp., are some of the major market participants.

  • What is the key market driver?
    The popularity of wearable devices as a payment method is one of the major factors driving the market.

  • How big is the APAC market?
    The APAC region will contribute 40% of the market share. 

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13
Oct
2020
Posted in software

Insights on Third-Party Banking Software Market within the Application Software Sector | Growing Use of Digital Payment Solutions to Emerge as a Key Driver | Technavio

LONDON–(BUSINESS WIRE)–The global third-party banking software market is expected to grow at a CAGR of over 8% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.

Learn more about how COVID-19 is impacting the third-party banking software market – Request a free sample report

Many organizations are expanding their business in new geographies and acquiring new customers. The growth in the customer base has increased the number of online transactions, which has increased the demand for digital payment solutions. In addition, the rising number of customers seeking help with financial decisions and investments is contributing to the growth of the global third-party banking software market.

Third-Party Banking Software Market: COVID-19 Impact Analysis on Related Markets

Global Islamic Banking Software Market 2020-2024

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Global Loan Servicing Software Market 2020-2024

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Global Personal Finance Software Market 2020-2024

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Third-Party Banking Software Market: COVID-19 Impact Analysis on Parent Market

The global application software market is the parent market of the third-party banking software market. Within its scope, the application software market covers companies that are engaged in developing and producing software designed for specialized applications for the business or consumer market. It includes enterprise and technical software, as well as cloud-based software. Our report on the third-party banking software market offers a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as analysis on several large and small vendors active in the market including FIS, Fiserv, Infosys, Oracle, and Temenos Headquarters.

Technavio’s research report on the third-party banking software market identifies