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Industrial PC Market to Grow by USD 348.9 Million (2024-2028), AI Driven Transformation and Popularity of Modular PCs to Boost Revenue – Technavio

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NEW YORK, Sept. 18, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global industrial pc market size is estimated to grow by USD 348.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.61% during the forecast period. Growing popularity of modular pcs is driving market growth, with a trend towards demand for industrial pcs in wind and solar power monitoring applications. However, high cost and design complexities in industrial pcs poses a challenge. Key market players include ABB Ltd., ADLINK Technology Inc., Advantech Co. Ltd., ASUSTeK Computer Inc., Avalue Technology Inc., Axiomtek Co. Ltd., Beckhoff Automation, Dell Technologies Inc., IEI Integration Corp., Intel Corp., Kontron AG, Lanner Electronics Inc., LEX COMPUTECH Co. Ltd., Moxa Inc., OMRON Corp., OnLogic Inc., Qisda Corp., Rockwell Automation Inc., Siemens AG, and Syslogic Datentechnik AG.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product Type (Panel, Rackmount, Box, Embedded panel, and Others), End-user (Industrial, Transportation and traffic, Healthcare, Telecom and datacom, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

ABB Ltd., ADLINK Technology Inc., Advantech Co. Ltd., ASUSTeK Computer Inc., Avalue Technology Inc., Axiomtek Co. Ltd., Beckhoff Automation, Dell Technologies Inc., IEI Integration Corp., Intel Corp., Kontron AG, Lanner Electronics Inc., LEX COMPUTECH Co. Ltd., Moxa Inc., OMRON Corp., OnLogic Inc., Qisda Corp., Rockwell Automation Inc., Siemens AG, and Syslogic Datentechnik AG

Key Market Trends Fueling Growth

The renewable energy sector’s growth, particularly in solar and wind power generation, presents new application areas for industrial PCs. In wind power generation, embedded industrial PCs act as wind turbine controllers, monitoring power feeds, adjusting wind speed, recording data, and notifying errors. With the increasing adoption of automation, end-users prefer integrated systems of embedded PCs, EtherCAT fieldbus systems, and software for controlling tasks, grid synchronization, and communication. Industrial PCs’ advanced processors enhance their performance, and they can withstand harsh wind farm environments. Offshore wind farms’ growth drives the need for remote monitoring solutions, such as Beckhoff Automation’s multi-user web application for its CX5010 embedded PC. In solar power generation, solar tracking technology increases efficiency, necessitating industrial PCs for monitoring and data analysis. The global shift from fossil fuel-based power plants to solar and wind power is expected to drive industrial PC market growth during the forecast period. 

The Industrial PC (IPC) market is witnessing significant trends that are shaping the future of industrial automation. Decision-making processes in industries are becoming faster with the demand for low latency and high bandwidth requirements. Cloud connectivity enables real-time data access for machine learning applications in quality control and autonomous operations. Rack Mount, Box, Embedded, DIN Rail IPCs cater to various industry needs. Healthcare, Chemical, Aerospace and Defense, Semiconductor and Electronics, Energy and Power, Oil and Gas, and Process industries are key sectors driving the IPC market. Industrial IoT, IT infrastructure, ICS, and IT networks are integral to IPC applications. Cybersecurity concerns and information availability are crucial factors. Resistive and Capacitive Touchscreens enhance user experience. Direct and Indirect sales channels serve diverse customer needs. Automation, operational intelligence, asset management, and automation tools are essential for industries to stay competitive. 

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Market Challenges

The industrial PC market faces significant challenges due to the high cost and complex design requirements of industrial PCs compared to commercial PCs. Industrial PCs are engineered to operate in harsh environments and necessitate ruggedized components, specialized enclosures, and thermal management systems. Basic industrial PCs range from USD1,000 to USD3,000, while advanced models can cost upwards of USD5,000 to USD10,000 or more. These high upfront costs can deter potential buyers, particularly small and medium-sized enterprises (SMEs), from investing. Industrial PCs often need customization to meet unique industrial application needs, such as compatibility with legacy systems, industrial automation protocols, and industry-specific standards and regulations. Designing and configuring industrial PCs for specific use cases is time-consuming and labor-intensive, increasing development costs and extending lead times. The need for specialized expertise in industrial PC design and deployment further adds to the overall cost and complexity. Consequently, some organizations may opt for alternative computing solutions or delay investments, hindering the growth of the industrial PC market.Industrial PCs (IPCs) play a crucial role in the digital transformation of industries, particularly in Process Industries and Automation. With the rise of Industrial IoT (IIoT), IT infrastructure becomes essential for managing data from various sensors and devices. IPCs enable operational intelligence, asset management, and automation tools for factory tasks. However, challenges such as cybersecurity concerns, information availability, and e-communication require IT networks and cybersecurity measures like encryption, firewalls, intrusion detection systems, and secure boot mechanisms. IPCs are available in various forms like Panel IPCs, DIN Rail IPCs, and fanless cooling technologies, catering to diverse industrial applications. Industry 4.0 and cyber-physical systems demand cableless connectivity and edge computing for real-time data processing. Semiconductor & electronics industries, including the Semiconductor Industry Association, are investing in IPCs for computing, data analysis, visualization, and cybersecurity. In the medical services industry, communication gateways and visualization gateways facilitate connected factory networks. Cyberattacks necessitate continuous product innovation and cybersecurity measures.

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Segment Overview 

This industrial pc market report extensively covers market segmentation by

Product Type1.1 Panel1.2 Rackmount1.3 Box1.4 Embedded panel1.5 OthersEnd-user 2.1 Industrial2.2 Transportation and traffic2.3 Healthcare2.4 Telecom and datacom2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Panel- The industrial PC market is primarily driven by the panel PC segment, which is expected to maintain its dominance throughout the forecast period. End-users are increasingly demanding compact panel PCs for modern industrial and commercial facilities. In response, vendors are offering stylish, rugged panel PCs with features such as wide temperature support, IP-rated enclosures, multi-touch capabilities, remote displays, and sunlight-readable and anti-scratch screens. Another growing trend is the preference for fanless panel PCs, which are more durable and reliable due to their cooling system and spindle-free storage facilities. Vendors cater to various end-user requirements by offering different types of fanless panel PCs, such as light fanless touch panel PCs for HMI applications, heavy-duty fanless touch panel PCs for harsh environments, and stainless touch panel PCs for wet or dusty spaces. The addition of new features and end-users’ demand for advanced PCs will fuel the growth of the panel segment in the global industrial PC market.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Industrial PC (IPC) market is experiencing significant growth due to the increasing adoption of Industrial IoT (IIoT) and Industry 4.0. IPCs play a crucial role in IT infrastructure for Industrial Control Systems (ICS), enabling real-time data processing and analysis at the edge. With the rise of cybersecurity concerns, IPCs are being equipped with advanced encryption and cybersecurity features to protect against cyberattacks. IPCs facilitate e-communication and IT networks, enabling seamless data transfer between industrial assets and central systems. Panel IPCs are increasingly popular for asset management and automation tasks in factories, with fanless cooling technologies ensuring reliable operation in harsh environments. Product innovation in IPCs includes cableless connectivity, AI integration, and edge computing capabilities, enabling data analysis and visualization in real-time. Cybersecurity remains a top priority, with companies investing in advanced encryption and cybersecurity measures to protect against potential threats. Industrial PCs are essential components of cyber-physical systems, enabling the integration of computing, data analysis, and visualization in industrial processes. The market is expected to continue growing as companies seek to optimize their operations and improve efficiency through the use of advanced technology.

Market Research Overview

The Industrial PC (IPC) market is experiencing significant growth due to the increasing adoption of Industrial IoT (IIoT) and IT infrastructure in various industries. IPCs play a crucial role in automation, operational intelligence, asset management, and factory tasks by providing computing power at the edge of IT networks. The process industries, semiconductor & electronics, medical services industry, and others are leveraging IPCs for real-time data processing, decision-making, and cybersecurity. IPCs come in various forms, including Panel IPCs, Rack Mount IPCs, Box IPCs, Embedded IPCs, and DIN Rail IPCs. These IPCs offer cableless connectivity, fanless cooling technologies, and resistive or capacitive touchscreens to cater to diverse industrial applications. The integration of AI, IoT, Big Data analytics, and cybersecurity solutions in IPCs is driving product innovation. However, cybersecurity concerns remain a significant challenge, with the need for encryption, firewalls, intrusion detection systems, secure boot mechanisms, and cloud connectivity. Industry 4.0, cyber-physical systems, and connected factory networks are transforming industries, requiring secure IPCs for edge computing and data processing. The Semiconductor Industry Association and semiconductor companies are investing in IPCs to meet the bandwidth requirements and latency demands of Industry 4.0 applications. IPCs are essential for various industries, including healthcare, chemical, aerospace and defense, energy and power, oil and gas, and more, to ensure quality control, autonomous operations, and real-time data visualization. Direct and indirect sales channels are used to reach customers in these industries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Product TypePanelRackmountBoxEmbedded PanelOthersEnd-userIndustrialTransportation And TrafficHealthcareTelecom And DatacomOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Trainocate Wins Cisco Learning Partner of the Year – APJC for Second Consecutive Year

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BANGALORE, India, Nov. 15, 2024 /PRNewswire/ — Trainocate Holdings, a leading global provider of technology and business training solutions, today announced that it has been awarded the Cisco Learning Partner of the Year 2024 for Asia Pacific, Japan, and China (APJC) for the second year in a row.

This prestigious award recognizes Trainocate’s outstanding performance, commitment to customer success, and dedication to delivering high-quality Cisco training programs across the region.

“To be recognized once was an honour beyond words, but to be bestowed this distinction again is truly humbling and a testament to the unwavering support and encouragement of those who have walked this journey with us,” said Takashi Ozawa, President & CEO of Trainocate Holdings. “We are deeply grateful for everyone who has been a part of our success. This award reflects our core values of collaboration, excellence, and customer centricity, and it inspires us to continue upholding them in everything we do.”

“Receiving the Cisco Learning Partner of the Year award for a second consecutive year is a true reflection of our team’s dedication and our unwavering pursuit of excellence,” said Khor Hee Soo, CTO of Trainocate Holdings, Managing Director for India, and Chairman for Sri Lanka and UAE. “This recognition not only celebrates the hard work of everyone at Trainocate but also reinforces our commitment to empowering individuals and organizations across the APJC region with transformative learning solutions. We are deeply grateful to Cisco for their partnership and look forward to continuing our journey of innovation and impact in the learning and development space.”

During the award ceremony held on 23 October 2024, Cisco highlighted Trainocate’s impressive achievements within the past year, including:

32% of Instructor-Led Training (ILT) seats sold in the APJC region.45% of Cisco U subscriptions sold in the APJC region.Exceptional learner satisfaction on score of 94%.

These accomplishments demonstrate Trainocate’s strong track record of delivering impactful and engaging learning experiences that help professionals achieve their career goals and organizations drive digital transformation.

As a Cisco Platinum Learning Partner, Trainocate offers a comprehensive portfolio of authorized Cisco training courses, certifications, and learning solutions. With over 29 years of experience, Trainocate is a trusted partner for organizations seeking to upskill their workforce and stay ahead of the curve in today’s rapidly evolving technology landscape.

About Trainocate Holdings

Trainocate Holdings is a leading provider of IT and professional training, offering a comprehensive range of courses and certifications across various domains.

Boasting a global presence in 22 countries (and counting!) and a commitment to excellence, Trainocate empowers individuals and organizations to achieve their full potential through continuous learning and development.

With 30+ authorized training partnerships and countless awards from leading technology vendors, you’re guaranteed learning from the industry’s elite when you #GetTrainocated.

For more information, visit Trainocate’s website www.trainocate.com.

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Can Independent Physicians Survive in 2025?

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Learn How at an Exclusive Webinar on Nov. 20th Hosted by Medical Economics and Specialdocs 

CHICAGO, Nov. 14, 2024 /PRNewswire/ — In healthcare change is inevitable, but for independent physicians already facing an uncertain economic forecast in 2025, the prospect of a new administration is sparking even more concern. To help decipher the implications of an ever-evolving regulatory and reimbursement landscape, Medical Economics has teamed up with Terry Bauer, CEO of concierge medicine pioneer Specialdocs Consultants, and Max Reiboldt, Chairman of leading healthcare advisory, Coker, to present an exclusive, informational webinar for physicians on November 20th. Bauer and Reiboldt bring insights gained collectively over more than a century advising physicians on career strategies, to address the headwinds that threaten to topple private medical practices, and explain why concierge medicine offers one of today’s most viable pathways to retaining independence. 

Prominent healthcare industry experts share how physicians can thrive in 2025: join our complimentary webinar on Nov. 20th.

CLICK HERE to register for “2025 Forecast for Physicians: Financial Headwinds, Continued Burnout, and How Concierge Medicine May Be the Cure for What Ails You” at 7 pm CST/8 pm EST on Wednesday, November 20th.

“Now representing just 22% of all practices,1 the independent physician is in danger of disappearing altogether amid unrelenting financial, professional and personal pressures,” says Bauer. “Among other challenges, rising costs to operate a traditional practice and continual cuts to Medicare reimbursements have contributed to an overall 29% downward slide in Medicare compensation over the last two decades.”2

He continues: “Yet we know that a change to our membership medicine model can prove lifesaving, restoring practice sustainability and ushering in a new era of unparalleled career satisfaction. We’ve long championed this solution for physicians in private practice, who have been consistently unappreciated for the very real value they bring to their patients and the health system.” 

Adds Reiboldt: “Physicians in private practice are still a cornerstone of our healthcare system yet are facing challenges that threaten their existence. More and more physicians are affiliating with capital and/or strategic partners, which is not a bad thing but still threatens their independence and private structure.”

A number of crucial issues will be examined during the webinar. “We will approach these with sensitivity as all providers (physicians, health systems, private and public investors, et al) share in both the credit and the blame for our current state of affairs,” says Reiboldt.

Topics will include:

The new administration’s approach to lowering costs, reducing regulatory barriers to consolidation and expanding price transparency mandates for healthcare services.Future use of AI and other technologies to drive greater efficiencies, quality of care.The outlook for primary care providers and programs such as Medicare Advantage, risk-based reimbursement, quality incentives.How upcoming changes in reimbursement and regulations impact the financial viability of traditional practices.Strategies for maintaining or regaining independence as a practitioner; concierge medicine as a model offering sustainable financial security and work-life balance.

About Our Speakers

Terry Bauer is CEO of Specialdocs Consultants. With more than three decades of healthcare leadership experience, Terry has a reputation for bringing about positive change as a strategist, builder, and driver of successful, high-performance companies. Terry’s mission at Specialdocs: to elevate the profile and escalate the growth of this firm that has pioneered the transition from traditional to independent concierge medicine practices, with a focus on expanding the reach and portfolio of high-quality services provided to the company’s growing national network of exceptional physicians. Terry’s career includes a long tenure as co-founder, president, CEO, and director of Orion HealthCorp, a national physician services and management organization. He has served on the board of directors of Specialdocs since Shore Capital Partners invested in the firm in 2015, and became CEO of the company in 2016.

Max Reiboldt, CPA, is Chairman of Coker. His 45 years of work in business and industry, primarily involving healthcare providers, has given him invaluable experience. He handles strategic, tactical, financial, and management issues that health systems, physicians, and other healthcare entities and/or investors face in today’s evolving marketplace. Max understands the nuances of the healthcare industry in a dynamic age, and how healthcare organizations need to maintain viability in a highly competitive market. Whether a transitional provider or a more trailblazing healthcare entity, Max works to provide sound solutions to everyday and long-range challenges with a hands-on approach much valued by his clients. Max oversees Coker’s services as part of the Executive Committee, and maintains his passion for working with clients and organizations of all sizes.

Physician’s Advocacy Institute reportAMA 2024 Medicare Updates

Media Contact:
Mindy Kolof
mkolof@specialdocs.com 
8479213271

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Rokid Glasses: Where AI Meets AR, Rivaling Meta’s Ray-Ban in an Exclusive Unveiling at Rokid Jungle 2024

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REDWOOD CITY, Calif., Nov. 14, 2024 /PRNewswire/ — Rokid is poised to unveil its groundbreaking next-generation smart glasses, the Rokid Glasses, at the highly anticipated Rokid Jungle 2024 event, set to take place on 18 November in Hangzhou, China. Seamlessly integrating cutting-edge artificial intelligence with augmented reality, Rokid Glasses represent the pinnacle of innovation. As the most eagerly awaited event in the augmented reality calendar, Rokid Jungle 2024 is destined to be the largest and most consequential gathering of its kind on the global stage. With an impressive turnout expected of over 1,000 distinguished attendees, the event will serve as a landmark occasion, bringing together partners, visionaries, and industry leaders. The launch of the Rokid Glasses promises to elevate the smart daily experience to unprecedented heights, setting new standards in the realm of wearable technology.

Rokid Glasses: Transforming AI and AR into an Essential Daily Gadget for All
Rokid Glasses combine style, comfort, and lightweight design with intuitive, AI-powered features. Integrated with Alibaba’s Tongyi Qianwen AI, Rokid Glasses offer a range of capabilities, including object recognition, text translation, and even solving complex math problems. It can calculate the calorie content of food or provide real-time language translation, making it an indispensable tool for travelers.

Empowered by Zhi Xiaobao, Alibaba’s AI assistant, Rokid Glasses allow users to take full control of their world with simple voice commands, whether booking a ride or ordering a coffee. The advanced voiceprint recognition technology also facilitates secure payments via Alipay, ensuring a seamless and trusted connection to the user’s phone. Alipay’s cutting-edge AI audio detection technology guarantees top-tier security and fraud prevention during transactions.

A standout feature of Rokid Glasses is the ability to view message notifications directly through the glasses, effectively replacing the need for a phone screen. This functionality hints at a future where Rokid Glasses may evolve into a central hub of daily life, potentially replacing smartphones altogether as an essential tech gadget. “We’ve crafted our new glasses to redefine the user experience, bringing the world’s first AI+AR glasses to daily life,” says Misa Zhu, Founder and CEO of Rokid. “Our mission is to make high-quality AI+AR glasses accessible to everyone, and this launch marks a bold step in that direction.” True to Rokid’s ethos of Leave Nobody Behind, the Rokid Glasses bridge gaps in accessibility, usability, and comfort, ensuring that everyone can experience the transformative power of innovation.

Rokid’s Role to Impact Global Tech Arena and Its Commitments for leading AR Industry
Rokid is making significant strides in transforming the museum experience using augmented reality (AR) technology to enhance visitor engagement. By providing immersive, interactive experiences, Rokid brings historical artifacts and exhibitions to life in exciting new ways. With over 2.5 million users benefiting from its AR glasses and more than 300,000 of these users have made actual purchases and are actively engaged with the devices. Even more striking is the fact that Rokid users spend an average of 2 hours and 45 minutes daily with Rokid glasses—this not only underscores the strong appeal of Rokid’s products but also reflects the growing consumer interest in and adoption of augmented reality technology.

Rokid’s ecosystem continues to flourish, with over 6,200 registered developers, highlighting the company’s significant progress in cultivating an open and thriving ecosystem. As the race in augmented reality heats up, major players are competing for dominance in this rapidly evolving space. With AR technology expanding its global footprint, the question remains: who will emerge as the true leader in the AR industry? While the collaboration between Ray-Ban and Meta has brought new energy to the smart glasses market, Meta continues to face challenges. Despite a decade of investment in XR, VR, and AR, Meta has made strides with VR hardware like the Meta Quest but still struggles with slow user adoption and limited AR functionality.

Rokid Jungle 2024: A Decade of Breaking Boundaries in Augmented Reality
Rokid Jungle 2024 commemorates a significant milestone: Rokid’s 10th anniversary and the beginning of the next decade of AR innovation. From its founding in 2014, Rokid has maintained a relentless focus on human-computer interaction, driving the evolution of AR technology through unwavering dedication to innovation. From setting industry standards with the original Rokid Glass to the highly regarded consumer product Rokid Air, and now with the trendsetting AR Studio and AR Lite, Rokid has played a key role in propelling the AR industry forward.

With the launch of the latest Rokid Glasses, the company reaffirms its leadership in the new wave of AR technological innovation. To mark this remarkable milestone, Rokid is delighted to offer a $20 benefit on all purchases made via the official website, using the code ROKID10 at checkout. Looking ahead, Rokid is thrilled to showcase its innovations at CES 2025, where will continue to lead the charge in AR technology. Rokid looks forward to seeing you there and sharing the next chapter of this exciting journey.

Email: pr@rokid.com
Rokid Official Website https://global.rokid.com/

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