Categoría: Influencers

Communication systems will lead the overall ATM industry and are expected to reach global revenues of $1.82 billion in 2027, finds Frost & Sullivan

SANTA CLARA, Calif., March 2, 2021 /PRNewswire/ — Frost & Sullivan’s recent analysis, Disruptive Technologies Drive the Growth of the Global Commercial Air Traffic Management (ATM) Market, 2020, finds that the growing pressure to manage heavy air traffic worldwide is driving air navigation service provider (ANSP) spending on the overall modernization of air traffic management (ATM) infrastructure. Despite the downturn caused by the pandemic, the global commercial ATM market is expected to flourish due to the rising adoption of automation and digital technologies, including remote towers, predictive technologies, and artificial intelligence (AI). The market is expected to reach $4.89 billion by 2027 from $3.64 billion in 2020, at a compound annual growth rate (CAGR) of 4.0%. This research encompasses communication, navigation, surveillance, automation, and simulation systems.

For further information on this analysis, please visit: http://frost.ly/59u

«The future of ATM, which includes unmanned aircraft system traffic management (UTM), will bring about new competition and potential partners. Interoperability and resilience will be key to air traffic management of the future,» said Timothy Kuder, Aerospace & Defense Senior Industry Analyst, Frost & Sullivan. «New airports in North America and Europe are expected to move straight to digital air traffic control (ATC) in the medium term while existing highly congested airports are likely to replace traditional towers even before they reach the end of their economic life.»

Kuder added: «Of all ATM market segments, communication systems will lead the overall industry due to high demand for voice communication on IP networks. The segment is forecast to reach $1.82 billion in 2027, and collective revenue is anticipated to total $12.4 billion over the next eight years. Although the uptake of system-wide information management (SWIM) services is currently slow due to security and liability concerns, major technology advancements (5G, blockchain) are expected to increase momentum in line with adjacent communications markets in the long term.»

ATM market participants should explore the following strategic recommendations:

• Cybersecurity is expected to become a new revenue stream for ATM providers and play a major role in ATM operations.
• Digital air traffic solutions will be a breakthrough in the ATM space as 90% of the industry is in the early stage of digital transformation. 
• ATM solution suppliers from emerging markets, including China and Russia, are expected to evolve and become key cogs in the global ATM supply chain.
• Joint ventures between private companies and governments are poised to be the next type of business development model in ATM, especially with automated approach control.
• Becoming supplemental data service providers (SDSPs) is another option for companies to offer essential or enhanced services.

Disruptive Technologies Drive the Growth of the Global Commercial Air Traffic Management (ATM) Market, 2020 is part of Frost & Sullivan’s Global Aerospace & Defense Growth Partnership Service program.

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

Disruptive Technologies Drive the Growth of the Global Commercial Air Traffic Management (ATM) Market, 2020

K4B8-22

Contact:
Srihari Daivanayagam, Corporate Communications
M: +91 9742676194; P: +91 44 6681 4412
E: srihari.daivanayagam@frost.com
http://ww2.frost.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/investments-in-predictive-technologies-and-remote-towers-will-boost-global-commercial-air-traffic-management-market-by-2027-301238427.html

SOURCE Frost & Sullivan

BOSTON, March 2, 2021 /PRNewswire/ — Based on interviews with key startups in the industry, Lux analysts have published a list of the top mobility startups in 2020. Lux’s experts, who evaluate companies on their technology, business strategy, leadership, and market positioning, have awarded all these companies a «Positive» or «Strong Positive» rating. The list has been published in the market map «Top Mobility Startups of 2020.»

«Although significant disruptions arising from COVID-19 created major challenges for automakers and mobility providers, this didn’t change the fact that the mobility industry is undergoing the most significant change in a century,» explains Christopher Robinson, Senior Analyst at Lux Research. «Electrification, autonomy, and the shared business models at the intersection of those two trends are more relevant today than ever before.»

The startups are categorized into four key trends the mobility industry should be tracking:

1. Improving urban mobility – As urban populations grow and cities place increasing restrictions on vehicles in city centers, new solutions for moving people in cities are required.
2. Profiting from shared mobility – Despite rapidly increasing popularity, most shared mobility services aren’t yet profitable and need to find innovative solutions to generate profits.
3. Decarbonizing transit – Electrification is a promising solution for decarbonizing vehicles. Today’s charging solutions are inadequate, while the energy needs of long-distance transit require completely new solutions.
4. Adapting to autonomy – The advent of autonomous vehicles will change the use case of vehicles, with ripple effects felt throughout the automotive supply chain and maintenance industry.

The named top startups include Pixel8, Xandar Kardian, Pantonium, Traffic Technology Services, Lithium Americas, Amply, magniX, Lithium Werks, Group14 Technologies, Magnax, SolidEnergy, PolyPlus Battery, Nanoramic Laboratories, Ionic Materials, Amprius, Voltaiq, Qnovo, Twaice, Virta, AutoX, emotion3D, Blue White Robotics, Deepen, GuardKnox, Fabric, Neolix, Ampaire, Helm.ai, OceanAlpha, Herone, Controlant, Steelhead, and Rein4ced. Download the market map to learn more.

Media Contact:
Jessica Bonner
press@luxresearchinc.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/top-startups-disrupting-the-mobility-industry-301238317.html

SOURCE Lux Research

NEW YORK, March 2, 2021 /PRNewswire/ — Jackpocket, the first third-party app in the U.S. to provide a secure way to order official state lottery tickets, and actor Sean Hayes announced today a joint campaign to raise funds for the New-York-based charitable organization Broadway Cares/Equity Fights AIDS. Throughout Q1 until March 31, Jackpocket will donate 10% of its lottery proceeds in New York, with a minimum contribution of $100,000, to Broadway Cares in support of COVID-19 relief for the performing arts community.

The donation is made in honor of Jackpocket’s recent New York launch in January as the first and only licensed third-party lottery app in the state. It will allow Broadway Cares to provide meals, health care, counseling and more to those facing the challenges brought on by the COVID-19 pandemic.

«As a native New Yorker, Broadway is close to my heart,» said Peter Sullivan, CEO and founder of Jackpocket. «New York City is where Jackpocket was born eight years ago, and we are proud to support the great work that Broadway Cares does for thousands in our community and around the country. We hope to exceed our $100,000 minimum contribution by encouraging New York lottery lovers to play for a good cause.»

Sean Hayes helped the company kick off its donation campaign with a video announcement sharing that he is giving his New York fans a free lottery ticket on the Jackpocket app so that they can play in benefit of Broadway Cares. New customers can claim the free ticket offer by entering promo code SEAN in the Jackpocket app at checkout.

«Broadway Cares has always been a cornerstone of support for the performing arts community. The aid they’ve been able to provide amid the COVID-19 pandemic to thousands of out of work performers, stagehands, ushers, and musicians has been instrumental,» said Sean Hayes. «Please join me in giving back to this amazing organization through Jackpocket!»

Jackpocket app users can place orders for Powerball, Mega Millions, New York Lotto, and more and view their tickets right on their phone. Jackpocket’s donation on every ticket sold in New York is in addition to the state lottery revenue that benefits education in New York State. The New York Lottery contributed over $3 billion in 2019 to education and continues to represent 13% of the total state education aid to local school districts.

About Jackpocket
Jackpocket is on a mission to create a more convenient, fun and responsible way to play the lottery. By being the first company to automatically lock a customer’s account to their ticket serial number, Jackpocket makes the lottery even more secure. Jackpocket is currently available in Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, New York, Ohio, Oregon, Texas, and Washington, D.C., and is expanding to many new markets. Download the app on iOS or Android and follow along on Facebook, Twitter and Instagram.

About Broadway Cares/Equity Fights AIDS
Broadway Cares/Equity Fights AIDS is one of the nation’s leading industry-based, nonprofit AIDS fundraising and grant-making organizations. By drawing upon the talents, resources and generosity of the American theatre community, since 1988 Broadway Cares/Equity Fights AIDS has raised more than $300 million for essential services for people with HIV/AIDS, COVID-19 and other critical illnesses across the United States. For more information, please visit Broadway Cares online at broadwaycares.org, at facebook.com/BCEFA, at instagram.com/BCEFA, at twitter.com/BCEFA and at youtube.com/BCEFA.

View original content to download multimedia:http://www.prnewswire.com/news-releases/jackpocket-and-sean-hayes-team-up-to-support-broadway-cares-301237984.html

SOURCE Jackpocket