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Facebook's EU-US data transfers face their final countdown

Natasha Lomas
·6-min read

Ireland's Data Protection Commission (DPC) has agreed to swiftly finalize a long-standing complaint against Facebook's international data transfers which could force the tech giant to suspend data flows from the European Union to the US within in a matter of months.

The complaint, which was filed in 2013 by privacy campaigner Max Schrems, relates to the clash between EU privacy rights and US government intelligent agencies' access to Facebook users' data under surveillance programs that were revealed in high resolution detail by NSA whistleblower Edward Snowden.

The DPC has made the commitment to a swift resolution of Schrems' complaint now in order to settle a judicial review of its processes which noyb, his privacy campaign group, filed last year in response to its decision to pause his complaint and opt to open a new case procedure.

Under the terms of the settlement Schrems will also be heard in the DPC's "own volition" procedure, as well as getting access to all submissions made by Facebook -- assuming the Irish courts allow that investigation to go ahead, noyb said today.

And while noyb acknowledged there may (yet) be a further pause, as/if the DPC waits on a High Court judgement of Facebook's own Judicial Review of its processes before revisiting the original complaint, Schrems suggests his 7.5 year old complaint could at long last be headed for a final decision within a matter of months...

"The courts in Ireland would be reluctant to give a deadline and the DPC played that card and said they can't provide a timeline... So we got the maximum that's possible under Irish law. Which is 'swift'," he told TechCrunch, describing this as "frustrating but the maximum possible".

Asked for his estimate of when a final decision will at last close out the complaint, he suggested it could be as soon as this summer -- but said that more "realistically" it would be fall.

Schrems has been a vocal critic of how the DPC has handled his complaint -- and more widely of the slow pace of enforcement of the bloc's data protection rules vs fast-moving tech giants -- with Ireland's regulator choosing to raise wider concerns about the legality of mechanisms for transferring data from the EU to the US, rather than ordering Facebook to suspend data flows as Schrems had asked in the complaint.

The saga has already had major ramifications -- leading to a landmark ruling by Europe's top court last summer when the CJEU struck down a flagship EU-US data transfer arrangement after it found the US does not provide the same high standards of protection for personal data as the EU does.

The CJEU also made it clear that EU data protection regulators have a duty to step in and suspend transfers to third countries when data is at risk -- putting the ball squarely back in Ireland's court.

Europe puts out advice on fixing international data transfers that’s cold comfort for Facebook

Reached for comment on the latest development the DPC told us it would have a response later today. So we'll update this report when we have it.

The DPC, which is Facebook's lead data regulator in the EU under the bloc's General Data Protection Regulation (GDPR), sent the tech giant a preliminary order to suspend data transfers back in September -- following the landmark ruling by the CJEU.

However Facebook immediately filed a legal challenge -- couching the DPC's order as premature, despite the complaint itself being more than seven years old.

noyb said today that it's expecting Facebook to continue to try to use the Irish courts to delay enforcement of EU law. And the tech giant admitted last year that it's using the courts to 'send a signal' to lawmakers to come up with a political resolution for an issue that affects scores of businesses which also transfer data between the EU and the US, as well as to buy time for a new US administration to be in a position to grapple with the issue.

But the clock is now ticking on how much longer Zuckerberg can play this game of regulatory whack-a-mole. And a final reckoning for Facebook's EU data flows could come within half a year.

This sets a fairly tight deadline for any negotiations between EU and US lawmakers over a replacement for the defunct EU-US Privacy Shield.

European commissioners said last fall that no replacement would be possible without reform of US surveillance law. And whether such radical retooling of US law could come as soon as the summer, or even fall, seems doubtful -- unless there's a major effort among US companies to lobby their own lawmakers to make the necessary changes.

In court documents Facebook filed last year, linked to its challenge of the DPC's preliminary order, the tech giant suggested it might have to close service in Europe if EU law is enforced against its data transfers.

However its PR chief, Nick Clegg, swiftly denied Facebook would ever pull service -- instead urging EU lawmakers to look favorably on its data-dependent business model by claiming that "personalized advertising" is vital to the EU's post-COVID-19 economic recovery.

The consensus among the bloc's digital lawmakers, however, is that tech giants need more regulation, not less.

Max Schrems on the EU court ruling that could cut Facebook in two

Separately today, an opinion by an influential advisor to the CJEU could have implications for how swiftly GDPR is enforced in Europe in the future if the court aligns with Advocate General Bobek's opinion -- as he appears to be taking aim at bottlenecks that have formed in key jurisdictions like Ireland as a result of the GDPR's one-stop-shop mechanism for handling cross-border cases.

So while Bobek confirms the general competence of a lead regulator to investigate in cross-border cases, he also writes that "the lead data protection authority cannot be deemed as the sole enforcer of the GDPR in cross-border situations and must, in compliance with the relevant rules and time limits provided for by the GDPR, closely cooperate with the other data protection authorities concerned, the input of which is crucial in this area".

He also sets out specific conditions where national DPAs could bring their own proceedings, in his view, including for the purpose of adopting "urgent measures" or to intervene "following the lead data protection authority having decided not to handle a case", among other delineated reasons.

Responding to the AG's opinion, the DPC's deputy commissioner, Graham Doyle, told us: “We, along with our colleague EU DPAs, note the opinion of the Advocate General and await the final judgment of the Court in terms of its interpretation of any relevant One Stop Shop rules."

Asked for a view on the AG's remarks, Jef Ausloos, a postdoc researcher in data privacy at the University of Amsterdam, said the opinion conveys "a clear recognition that ACTUAL protection and enforcement might be crippled by the [one-stop-shop] mechanism".

However he suggested any new openings for DPAs to bypass a lead regulator that could flow from the opinion aren't likely to shake things up in the short term. "I think the door is open for some changes/bypassing DPC. BUT, only in the long run," he said.

GDPR’s two-year review flags lack of ‘vigorous’ enforcement

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GLOBAL MARKET PERSPECTIVE Table 1: World Current & Future Analysis for Next-Generation Network by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 2: World Historic Review for Next-Generation Network by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 3: World 15-Year Perspective for Next-Generation Network by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2018 & 2027 Table 4: World Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 5: World Historic Review for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 6: World 15-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027 Table 7: World Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 8: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 9: World 15-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027 Table 10: World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 11: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 12: World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027 Table 13: World Current & Future Analysis for Telecom Service Provider by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 14: World Historic Review for Telecom Service Provider by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 15: World 15-Year Perspective for Telecom Service Provider by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027 Table 16: World Current & Future Analysis for Internet Service Provider by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 17: World Historic Review for Internet Service Provider by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 18: World 15-Year Perspective for Internet Service Provider by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027 Table 19: World Current & Future Analysis for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 20: World Historic Review for Government by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 21: World 15-Year Perspective for Government by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Next-Generation Network Market Share (in %) by Company: 2018 & 2027 Market Analytics Table 22: USA Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 23: USA Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 24: USA 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 25: USA Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 26: USA Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 27: USA 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 CANADA Table 28: Canada Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 29: Canada Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 30: Canada 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 31: Canada Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 32: Canada Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 33: Canada 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 JAPAN Table 34: Japan Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 35: Japan Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 36: Japan 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 37: Japan Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 38: Japan Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 39: Japan 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 CHINA Table 40: China Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 41: China Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 42: China 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 43: China Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 44: China Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 45: China 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 EUROPE Market Facts & Figures European Next-Generation Network Market: Competitor Market Share Scenario (in %) for 2018 & 2027 Market Analytics Table 46: Europe Current & Future Analysis for Next-Generation Network by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 47: Europe Historic Review for Next-Generation Network by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 48: Europe 15-Year Perspective for Next-Generation Network by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2018 & 2027 Table 49: Europe Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 50: Europe Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 51: Europe 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 52: Europe Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 53: Europe Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 54: Europe 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 FRANCE Table 55: France Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 56: France Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 57: France 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 58: France Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 59: France Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 60: France 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 GERMANY Table 61: Germany Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 62: Germany Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 63: Germany 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 64: Germany Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 65: Germany Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 66: Germany 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 ITALY Table 67: Italy Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 68: Italy Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 69: Italy 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 70: Italy Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 71: Italy Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 72: Italy 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 UNITED KINGDOM Table 73: UK Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 74: UK Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 75: UK 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 76: UK Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 77: UK Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 78: UK 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 REST OF EUROPE Table 79: Rest of Europe Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 80: Rest of Europe Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 81: Rest of Europe 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 82: Rest of Europe Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 83: Rest of Europe Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 84: Rest of Europe 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 ASIA-PACIFIC Table 85: Asia-Pacific Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 86: Asia-Pacific Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 87: Asia-Pacific 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 88: Asia-Pacific Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 89: Asia-Pacific Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 90: Asia-Pacific 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 REST OF WORLD Table 91: Rest of World Current & Future Analysis for Next-Generation Network by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 92: Rest of World Historic Review for Next-Generation Network by Offering - Hardware, Software and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 93: Rest of World 15-Year Perspective for Next-Generation Network by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2012, 2018 & 2027 Table 94: Rest of World Current & Future Analysis for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 95: Rest of World Historic Review for Next-Generation Network by End-Use - Telecom Service Provider, Internet Service Provider and Government Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 96: Rest of World 15-Year Perspective for Next-Generation Network by End-Use - Percentage Breakdown of Value Sales for Telecom Service Provider, Internet Service Provider and Government for the Years 2012, 2018 & 2027 IV. COMPETITION Total Companies Profiled: 43Read the full report: https://www.reportlinker.com/p05957514/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

  • RPT-FOCUS-Facing green push on farm, fertilizer makers look to sea for growth

    Two of the world's biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy to power ships. The consumption of oil for transportation is one of the top contributors to global greenhouse gas emissions that cause climate change, and fertilizer producers join a growing list of companies adjusting their business models to profit from a future lower-carbon economy. By altering the production process for ammonia normally used for fertilizer, the companies told Reuters they can produce hydrogen for fuel or a form of carbon-free ammonia used either as a carrier for hydrogen or as a marine fuel to power cargo and even cruise ships.

  • Worldwide Drone Analytics Industry to 2025 - Asia-Pacific to Experience the Highest Growth

    Dublin, Jan. 20, 2021 (GLOBE NEWSWIRE) -- The "Drone Analytics Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. The Drone Analytics Market is anticipated to register a CAGR of over 15% during the forecast period.Drones have redefined and enhanced the productivity of numerous industries within a short period. Drones have been deployed for security monitoring, safety inspections, asset monitoring and surveillance, storm tracking, logistics, and to broadly study the environment by scanning remote areas.However, the use of drones and their capabilities are limited by the laws and regulations of the country, the end-user is based. For instance, the FAA has imposed several stringent regulations on drones. According to the current FAA regulations, all drones in the US must have a pilot at the controls and be within the pilot's line of sight. However, the US-based companies are petitioning the FAA for waivers to the line-of-sight rule. In August 2018, the first such waiver was granted to PrecisionHawk, an aerial data analysis company, after they provided a year's worth of drone flight safety data. The existence of stringent operational regulations in other countries may impede the growth prospects of the market.The next generation of drones is envisioned to be powered by artificial intelligence. Aerial AI is capturing loads of data on a real-time basis, opening a new world for looking over complex physical structures, and analyzing the captured data for defects. For instance, automated UAVs can scan blades on wind turbines and via onboard AI models, can detect defects and provide recommendations on necessity and timescale of maintenance. The introduction of AI in drones is envisioned to have a profound positive effect on the current capabilities of a drone, and would severely augment the potential applications of the drones in several industries.Key Market TrendsIncreasing Investments Toward Developing Sophisticated Drone SoftwareSince drone analytics is an emerging field with a range of potential applications, industrial conglomerates, chip companies, and IT consulting firms have pumped in significant financial resources to incubate and develop envisioned capabilities in the current generation of drones, both via a hardware and software upgrade. It is estimated that in the last 7 years, investments of about USD 2 billion have been attracted by the drone startups including OEMs and related companies in the supply chain. Also, with the market trends becoming clearer, both in terms of technology and the end-user, the investors have started focusing their investments on selected companies that seem to have higher growth potential. Typical examples include areas such as drone delivery, security, and mining. For instance, the medical drone delivery company Zipline announced new funding that brought the company valuation to USD 1.2 billion. Also, the automated drone-in-a-box solution Percepto announced a new round of funding amounting to USD 15 million. Besides, drone analytics companies are collaborating to address the specific requirements of the plethora of drone applications. For instance, in January 2020, AI-powered visual inspections pioneer Neurala announced a collaboration with drone service provider AviSight to provide end-to-end service to inspection customers who require a complete solution for drone-based inspections of critical infrastructure, including Beyond Visual Line of Sight (BVLOS) operations.Similarly, in February 2020, Neurala collaborated with Optelos, the developer of the drone industry's first patented enterprise SaaS platform designed to fully operationalize digital asset inspection and management. Optelos' platform is integrated with Neurala's vision AI platform, Brain Builder, to improve the efficacy and efficiency of the defect and object identification. Similar collaborative efforts are envisioned to drive the business prospects of the drone analytics market during the forecast period.Asia-Pacific to Experience the Highest Growth During the Forecast PeriodThe recent changes in drone regulations in several countries across the region are expected to support the growth of the market. China became the global hub for drone manufacturing in the past six years. About 70% of the global civilian drone market is supported by China, which had about 1,200 drone manufacturers at the beginning of 2019 (up from 130 manufacturers in 2013). The Chinese government is providing various subsidy schemes and other favorable domestic policies for drone purchases to promote the adoption of drones in various industrial sectors. The growing application areas of drones are simultaneously propelling the demand for these UAVs in China. The increasing demand for drones for monitoring, inspection, surveying, and surveillance applications in the construction, agriculture, infrastructure, energy, telecommunications, mining, and insurance industries is propelling the growth of the drone analytics market in China. Also, Australia has emerged as a major industrial hub in Asia-Pacific, which is witnessing the rising importance of BVLOS testing. As of July 2019, there were more than 1,200 drone operators in Australia. These operators are rapidly developing technologies and services to support the large drone ecosystem. The supportive drone regulations in Australia introduced by the Civil Aviation Safety Authority (CASA), in support of many domestic and international players, are helping the penetration of drones into many applications.Competitive LandscapeThe drone analytics market is highly fragmented, thereby new market players that operate at regional and local levels are also able to enhance their market share by leveraging their products based on cost differentiation and superior technical capabilities. Thus, to retain market dominance, the prominent market players, such as DroneDeploy Inc., Kespry Inc., Neurala Inc., DroneSense Inc., and PrecisionHawk Inc., are keenly investing in the development of new technology to upgrade their existing service portfolio. Rising competition is anticipated to drive innovation in the market, thereby helping the drone analytics industry to address user compliance issues, address the service limitations, and overcome existing challenges in the field of emerging sectors, such as healthcare mobility.Reasons to Purchase this report: The market estimate (ME) sheet in Excel format3 months of analyst support Key Topics Covered: 1 INTRODUCTION1.1 Study Assumptions1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS4.1 Market Overview4.2 Market Drivers4.3 Market Restraints4.4 Porter's Five Forces Analysis4.4.1 Threat of New Entrants4.4.2 Bargaining Power of Buyers/Consumers4.4.3 Bargaining Power of Suppliers4.4.4 Threat of Substitute Products4.4.5 Intensity of Competitive Rivalry 5 MARKET SEGMENTATION5.1 Industry5.1.1 Construction5.1.2 Agriculture5.1.3 Energy5.1.4 Law Enforcement5.1.5 Mining5.1.6 Other Industries5.2 Geography5.2.1 North America5.2.1.1 United States5.2.1.2 Canada5.2.2 Europe5.2.2.1 Germany5.2.2.2 United Kingdom5.2.2.3 France5.2.2.4 Rest of Europe5.2.3 Asia-Pacific5.2.3.1 India5.2.3.2 China5.2.3.3 Japan5.2.3.4 Rest of Asia-Pacific5.2.4 Rest of the World 6 COMPETITIVE LANDSCAPE6.1 Vendor Market Share6.2 Company Profiles6.2.1 AeroVironment Inc.6.2.2 Kespry Inc.6.2.3 DroneDeploy Inc.6.2.4 Delta Drone6.2.5 PrecisionHawk Inc.6.2.6 Pix4D SA6.2.7 Dronifi6.2.8 Sentera LLC6.2.9 AgEagle Aerial Systems Inc.6.2.10 optelos6.2.11 DroneSense Inc.6.2.12 Neurala Inc.6.2.13 Scale AI Inc. 7 MARKET OPPORTUNITIES AND FUTURE TRENDS For more information about this report visit https://www.researchandmarkets.com/r/vwpyic CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

  • Wall Street pro warns stocks could plunge before rallying into the end of the year

    Stocks will likely keep rising in 2021, though the rally may come with some hitches, according to RBC Capital Markets.

  • Global Advanced Wound Care Market to 2025 - Insights, Competitive Landscape and Forecast - ResearchAndMarkets.com

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  • Why Visa Acquired YellowPepper

    Visa (NYSE: V) is a well-known brand around the globe, and the company operates the largest credit and debit card network in the world. Recently, the company acquired Latin American fintech pioneer YellowPepper for an undisclosed amount. In November 2020, Visa completed its acquisition of YellowPepper, a fintech company that enables real-time payments between card, account, and blockchain networks through a set of application programming interfaces (APIs).

  • Global Fall Protection Equipment Market 2020-2024: Market Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio

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  • JPMorgan Chase Could Blast as Much as 31% Higher Following Q4 Earnings, Says Analyst

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  • MackeyRMS Reaches Significant Milestones and Experiences Record Growth in 2020

    MackeyRMS, a provider of SaaS-based research management software engineered to optimize the way fundamental analysts and portfolio managers generate, share, debate and act on proprietary investment research, today announced record growth in 2020 driven by surging buy-side demand for work-from-anywhere applications that support front-office investment teams.

  • Freddie Mac’s Record $83 Billion Multifamily Volume Helped Support Volatile 2020 Market

    MCLEAN, Va., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Freddie Mac’s (OTCQB: FMCC) Multifamily line of business set a new record with $82.5 billion in loan purchase and guarantee volume in 2020. The company also provided $500 million in Low-Income Housing Tax Credit (LIHTC) equity investments, supporting underserved communities across the United States. The $83.0 billion in total production bests the company’s prior record of $78.4 billion set in 2019. Overall, the company financed roughly 803,000 rental units, more than 95% of which are affordable to families making 120% of area median income and below. “In a volatile year, Freddie Mac was a stabilizing force in the multifamily market,” said Debby Jenkins, executive vice president and head of Freddie Mac Multifamily. “The fact that we hit a record in the midst of a pandemic shows our commitment to be a consistent source of debt financing for Multifamily operators in both good times and bad. Our network of Optigo® lenders did not skip a beat, and the Freddie Mac team kept up with a demanding pace to ensure we fulfilled our mission. At the same time, we exceeded our mission-driven benchmarks and the vast majority of the units we financed are affordable to low- and moderate-income households.” The $82.5 billion in 2020 production combined with the $17.5 billion in Q4 2019 volume puts Freddie Mac right at the $100 billion cap mandated by the Federal Housing Finance Agency (FHFA). Freddie Mac surpassed its 37.5% mission-driven requirement with approximately 40% of volume meeting the definition, as governed by the Q4 2019 to Q4 2020 criteria. Mission-driven transactions included certain loans for affordable housing, smaller multifamily properties, seniors housing, manufactured housing communities and rural housing. FHFA has established a new $70 billion cap for 2021 and a 50% mission-driven requirement, which operates under new and substantially different criteria. Freddie Mac served all corners of the multifamily market through its range of offerings, including Small Balance Loans, Targeted Affordable Housing and Seniors Housing Loans. The company also securitized a record total of $78 billion through its many securitization offerings, such as K- and SB-Deals®, transferring a large majority of expected and stress credit risk to third-party investors. Richard Martinez, Freddie Mac Multifamily’s senior vice president of production and sales added, “We are proud that our achievements in 2020 reflect the critical role we play in the multifamily market. During a global pandemic, Freddie Mac continued to provide critical liquidity to the market and continued working to address the persistent affordability challenges facing countless renters. We quickly adapted to the environment around us, rolling out a forbearance plan for borrowers and protections for renters to help address the challenges presented by COVID-19.” Freddie Mac Multifamily 2020 HighlightsIn addition to the record $83 billion in total production, the company reached the following milestones: A record $12 billion in Targeted Affordable Housing LoansNearly $5.3 billion in Small Balance Loans$3.7 billion in Seniors Housing Loans (including senior-living apartments) Freddie Mac Multifamily is the nation's multifamily housing finance leader. Historically, more than 90% of the eligible rental units we fund are affordable to families with low-to-moderate incomes earning up to 120% of area median income. Freddie Mac securitizes about 90% of the multifamily loans it purchases, thus transferring the majority of the expected credit risk from taxpayers to private investors. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog. MEDIA CONTACT: Mike Morosi(703) 918-5851Michael_Morosi@FreddieMac.com

  • Global NFC Chips Industry

    Global NFC Chips Market to Reach $15. 7 Billion by 2027. Amid the COVID-19 crisis, the global market for NFC Chips estimated at US$4. 2 Billion in the year 2020, is projected to reach a revised size of US$15.New York, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global NFC Chips Industry" - https://www.reportlinker.com/p05957515/?utm_source=GNW 7 Billion by 2027, growing at a CAGR of 20.8% over the period 2020-2027. The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 20.4% CAGR The NFC Chips market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 20.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.6% and 17.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR.We bring years of research experience to this 8th edition of our report. The 100-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Competitors identified in this market include, among others, Infineon Technologies AGNXP Semiconductors NVQualcomm Technologies, Inc.Renasas Electronics CorporationSTMicroelectronics NVToshiba Corp. Read the full report: https://www.reportlinker.com/p05957515/?utm_source=GNW I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Global Competitor Market Shares NFC Chips Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE Table 1: NFC Chips Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: NFC Chips Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: NFC Chips Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US NFC Chips Market Share (in %) by Company: 2019 & 2025 Market Analytics Table 4: United States NFC Chips Market Estimates and Projections in US$ Million: 2020 to 2027 Table 5: NFC Chips Market in the United States: A Historic Review in US$ Million for 2012-2019 CANADA Table 6: Canadian NFC Chips Market Estimates and Forecasts in US$ Million: 2020 to 2027 Table 7: Canadian NFC Chips Historic Market Review in US$ Million: 2012-2019 JAPAN Table 8: Japanese Market for NFC Chips: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027 Table 9: NFC Chips Market in Japan: Historic Sales Analysis in US$ Million for the Period 2012-2019 CHINA Table 10: Chinese NFC Chips Market Growth Prospects in US$ Million for the Period 2020-2027 Table 11: NFC Chips Historic Market Analysis in China in US$ Million: 2012-2019 EUROPE Market Facts & Figures European NFC Chips Market: Competitor Market Share Scenario (in %) for 2019 & 2025 Market Analytics Table 12: European NFC Chips Market Demand Scenario in US$ Million by Region/Country: 2020-2027 Table 13: NFC Chips Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019 Table 14: European NFC Chips Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 FRANCE Table 15: NFC Chips Market in France: Estimates and Projections in US$ Million for the Period 2020-2027 Table 16: French NFC Chips Historic Market Scenario in US$ Million: 2012-2019 GERMANY Table 17: NFC Chips Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027 Table 18: German NFC Chips Historic Market Analysis in US$ Million: 2012-2019 ITALY Table 19: Italian NFC Chips Market Growth Prospects in US$ Million for the Period 2020-2027 Table 20: NFC Chips Historic Market Analysis in Italy in US$ Million: 2012-2019 UNITED KINGDOM Table 21: United Kingdom Market for NFC Chips: Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027 Table 22: NFC Chips Market in the United Kingdom: Historic Sales Analysis in US$ Million for the Period 2012-2019 REST OF EUROPE Table 23: Rest of Europe NFC Chips Market Estimates and Forecasts in US$ Million: 2020-2027 Table 24: NFC Chips Market in Rest of Europe in US$ Million: A Historic Review for the Period 2012-2019 ASIA-PACIFIC Table 25: NFC Chips Market in Asia-Pacific: Estimates and Projections in US$ Million for the Period 2020-2027 Table 26: Asia-Pacific NFC Chips Historic Market Scenario in US$ Million: 2012-2019 REST OF WORLD Table 27: Rest of World NFC Chips Market Estimates and Forecasts in US$ Million: 2020 to 2027 Table 28: Rest of World NFC Chips Historic Market Review in US$ Million: 2012-2019 IV. COMPETITION Total Companies Profiled: 38Read the full report: https://www.reportlinker.com/p05957515/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

  • Global Communications Test and Measurement Markets 2020: Demand from Hyperscale Data Centers, Connected Vehicles, and IIoT Applications Propels Growth Opportunities

    Dublin, Jan. 20, 2021 (GLOBE NEWSWIRE) -- The "5G Network Deployment Catalyzes the Global Communications Test and Measurement Market" report has been added to ResearchAndMarkets.com's offering. The COVID-19 pandemic caught most of the world off guard, forcing governments to impose lockdowns. Wireless communications, therefore, became the lifeline of enterprises whose employees were forced to work from home (WFH). Although the pandemic could be seen as a viable opportunity for operators and service providers to capitalize upon demand, that was not the case. The network operator and service provider community was instead challenged by an inability to adequately scale their infrastructure to accommodate the surge in traffic on their networks. This affected the quality of service and experience for subscribers. The fact that larger enterprises now have a WFH workforce means that data has become more vulnerable to malware such as distributed denial of service (DDoS) and ransomware attacks. Service providers and enterprises require solutions that ensure high quality of service and experience while securing the integrity of proprietary data from theft.While network operators remain on course to deploy a full-fledged 5G network, the WFH phenomenon has caused many people to migrate to tier II and III towns and cities, which are less dense than the mega cities they lived in previously. This shift has mitigated the urgency in deployment of small cell clusters that have high throughput but very low coverage. Network operators have instead used radio frequency (RF) planning solutions with active network testing to efficiently deploy 5G networks.Although COVID-19 has slowed down 5G networks to a certain degree, at the same time, significant congestion has bombarded LTE broadband networks. Simultaneously, there has been major development in connected vehicles and Industrial Internet of Things ( IIoT) technologies, which will require testing solutions that are predominantly used in the communications industry. While a lot of work remains in the development of 5G, work on 6G has just started. This has pushed demand for equipment that can test terahertz (THz) wave technologies, particularly for research and development (R&D). However, a considerable work remains in standardizing the new 6G network. Demand for the type of testing solution required would therefore be restricted to those that test the physical layer.From a geographic perspective, North America and Asia-Pacific lead the wireless communications industry. Led by the United States, North America has made important strides in 5G. The region is also home to large web-scale companies such as Amazon Web Services (AWS), which provide cloud-based services to the enterprise, and video-on-demand content providers like Netflix. Asia-Pacific is led by China, South Korea, and Taiwan, who are all making significant progress in 5G deployments.Research Scope This global study of the communications test and measurement market takes into account revenue generated from 4 key regions: North America, Europe, Asia-Pacific, and the Rest of the World.Revenue was calculated by aggregating revenue contributions from individual testing vendors. The study period begins in 2017 and forecasts end in 2025.Testing equipment/solution type: RF testing equipment, FOTE, Ethernet testing solutions, network performance test and monitoringArea of application: R&D, manufacturing, installation & maintenanceType of end user: Network equipment manufacturers (NEM), service providers, chipset manufacturers, enterprise, others (manufacturers of fiber optic components) Key Topics Covered: 1. Strategic Imperatives Why is it Increasingly Difficult to Grow?The Strategic ImperativeThe Impact of the Top Three Strategic Imperatives on the Communications Test and Measurement IndustryAbout the Growth Pipeline EngineGrowth Opportunities Fuel the Growth Pipeline Engine 2, Growth Opportunity Analysis, Communications Test and Measurement Market Communications Test and Measurement Market - Scope of AnalysisCommunications Test and Measurement Market SegmentationKey Competitors in the Communications Test and Measurement MarketKey Growth Metrics for Communications Test and Measurement MarketGrowth Drivers for Communications Test and Measurement MarketGrowth Driver Analysis for Communications Test and Measurement MarketGrowth Restraints for Communications Test and Measurement MarketGrowth Restraint Analysis for Communications Test and Measurement MarketForecast Assumptions, Communications Test and Measurement MarketRevenue Forecast, Communications Test and Measurement MarketRevenue Forecast by Product, Communications Test and Measurement MarketRevenue Forecast Analysis, Communications Test and Measurement MarketRevenue Forecast by Region, Communications Test and Measurement MarketRevenue Forecast Analysis by Region, Communications Test and Measurement MarketRevenue Forecast By End User, Communications Test and Measurement MarketRevenue Forecast Analysis by End User, Communications Test and Measurement MarketRevenue Forecast by Application, Communications Test and Measurement MarketRevenue Forecast Analysis by Application, Communications Test and Measurement MarketCompetitive Environment, Communications Test and Measurement MarketMarket Share, Communications Test and Measurement MarketMarket Share Analysis, Communications Test and Measurement MarketCompany Profile - Keysight TechnologiesCompany Profile - VIAVI SolutionsCompany Profile - Rohde & SchwarzCompany Profile - AnritsuCompany Profile - Spirent CommunicationsCompany Profile - NETSCOUTCompany Profile - NICompany Profile - EXFO 3. Growth Opportunity Analysis, RF Testing Equipment 4. Growth Opportunity Analysis, Ethernet Testing Solutions 5. Growth Opportunity Analysis, FOTE 6. Growth Opportunity Analysis, Network Performance Test and Monitoring 7. Growth Opportunity Universe, Communications Test and Measurement Market Growth Opportunity 1 - 5G Services Would Require Innovative Testing Solutions, 2019Growth Opportunity 2 - 6G Services Would Require Solutions that Can Test in THz Frequency Range, 2019Growth Opportunity 3 - Fully Autonomous Vehicles Would Require Customized Communications Test Solution, 2019Growth Opportunity 4 - COVID-19 and the New Normal, 2020Growth Opportunity 5 - The Proliferation of IIoT, 2019 8. Next steps Companies Mentioned AnritsuEXFOKeysight TechnologiesNETSCOUTNIRohde & SchwarzSpirent CommunicationsVIAVI Solutions For more information about this report visit https://www.researchandmarkets.com/r/brfd6a Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

  • 2020 Thematic Research into the Shale based Oil and Gas Industry - Impact on the Global Energy Supply - ResearchAndMarkets.com

    The "Shale based Oil and Gas Industry - Thematic Research" report has been added to ResearchAndMarkets.com's offering.

  • Brexit Border Trouble Grows as Key Customs System Hits Limit

    (Bloomberg) -- A key U.K. government customs system has been overwhelmed within weeks of Brexit and threatens to trigger more disruption as freight traffic rebounds.Exporters say they are struggling to acquire transit documents, which allow goods to enter the European Union without delay, because of a shortage of agents with the authority to issue them.Agents need to put up a financial guarantee, often backed by a bank, to cover any taxes or duties on the goods being moved -- but they have almost all been committed.“No one’s got any guarantees left,” said Peter Hayes, general manager at Carlton Freight, a Liverpool-based freight forwarder which shuttles products such as cars, machinery and chemicals between the U.K. and EU. “We’ve had to say no to hundreds of inquiries.”Meanwhile, firms wanting to apply for a transit guarantee or increase the size of their existing one have struggled because of delays at Her Majesty’s Revenue and Customs, the government agency responsible. One haulier, speaking on condition of anonymity, complained it applied months ago, anticipating a surge in demand because of Brexit, but is yet to receive a response from the tax authority.HMRC said it is aware of the problems applicants are facing and is conducting an urgent review. In a statement, it blamed delays on a recent software upgrade to its New Computerised Transit System. It also said it is currently processing 230 applications for transit guarantees, and expects them to be completed within a week.The EU is Britain’s single-largest trading partner, taking 43% of exports in 2019. Prior to Brexit, the overwhelming majority of goods didn’t require transit forms, allowing them to be shipped to the bloc with minimal disruption. Now firms are facing days-long delays to cross the border because of incorrect or missing paperwork.At Ashford, southeast England, drivers have had to wait at a truck park for hours to obtain their transit documents and are regularly being turned back, according to Steve Cock of The Custom House, which has a base at the site.The firm, which has a 200-million pound ($273 million) transit guarantee, has been turning clients away because it is at capacity, Cock said. He expects chaos as soon as freight traffic rebounds from its current subdued level because as much as 90% of goods being moved will need transit documents.“They just can’t cope,” he said.‘Just a Mess’Ben Moore, managing director of Sealite (UK) Ltd., which exports millions of pounds of LED lights to the EU each year, has had shipments held up by customs officials for days, one because it wasn’t accompanied by a transit document known as a T1 form.“We don’t even know what it is,” Moore said. “My shipping agent is saying ‘we can’t give you one.’”He says he expects annual sales will drop by 25% to 8 million pounds because his EU customers, among them French industrial giant Schneider Electric SE and Swiss engineering group ABB Ltd., will go elsewhere.“These clients will say: ‘Forget this, this is just too much,’” Moore said. “It’s just a mess.”Jon Swallow, co-founder of Jordon Freight, said his customs broker’s 1.5 million-pound transit guarantee was used up within three days of Brexit.There is a workaround -- which involves setting up a fiscal representative in the EU country where a shipment first arrives and paying duties on entry -- but this is an added expense and bureaucratic hassle that firms will want to avoid, Swallow said.With red tape restricting trade between the U.K. and EU, about 20% of U.K. small and medium-sized enterprises have suspended exports to the EU, according to research by accounting firm UHY Hacker Young.“Exports have just ground to a halt,” Swallow said. “The people who are suffering are the SMEs.”Thousands of trailer loads destined for the EU will be held up in the coming weeks due to the transit shortage and exports risk coming to a standstill, said Tony Shally, managing director of Espace Europe, a road freight company that moves goods between Britain and the EU.Shally wrote to Cabinet Office minister Michael Gove highlighting the problem and proposing that exporters are given a short-term 20,000 pounds transit guarantee without the need for backing by a bank.“Our experience over the last two weeks has been horrendous,” Shally said in the letter. “The situation will only get worse.”(Updates with letter to Michael Gove in final paragraphs)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Trump Ends Presidency Blasting 'YMCA' As He Boards Air Force One, Twitter Takes Off

    If there's one thing President Donald Trump knows, it's that it's fun to stayat the YMCA.