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voxeljet AG Reports Financial Results for the First Quarter Ended March 31, 2019

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FRIEDBERG, Germany–(BUSINESS WIRE)–voxeljet AG (NYSE: VJET) (the “Company”, or “voxeljet”), a leading
provider of high-speed, large-format 3D printers and on-demand parts
services to industrial and commercial customers, today announced
consolidated financial results for the first quarter ended March 31,
2019.

Highlights – First Quarter 2019(1)

  • Total revenues for the first quarter increased 10.2% to kEUR 5,565
    from kEUR 5,052
  • Gross profit margin decreased to 34.4% from 42.2% to kEUR 1,913 from
    kEUR 2,133
  • Systems revenues increased 75.6% to kEUR 2,415 from kEUR 1,375
  • Services revenues decreased 14.3% to kEUR 3,150 from kEUR 3,677
  • Reaffirm full year 2019 guidance

(1)Certain comparative figures for the 3-month
period ended March 31, 2018 were restated
 for immaterial
errors. For further information, see Note 9 of the Q3-2018 condensed
consolidated interim financial statements.

Dr. Ingo Ederer, Chief Executive Officer of voxeljet, commented, “We had
a strong first quarter with results that confirm why we are so excited
about our potential to establish a new manufacturing standard. Just
recently, we installed the first print engine into VJET X: This print
engine is the heart of our new additive mass manufacturing solution and
I firmly believe one of the most advanced piece of technology in the
whole additive manufacturing industry. The shifts we have made to our
business and our deeper focus on the three core areas of innovation,
integration and speed are igniting the next phase of growth and
profitability for voxeljet.”

First Quarter 2019 Results

Revenues for the first quarter of 2019 increased by 10.2% to kEUR 5,565
compared to kEUR 5,052 in the first quarter of 2018.

Revenues from our Systems segment, which focuses on the development,
production and sale of 3D printers, increased 75.6% to kEUR 2,415 in the
first quarter of 2019 from kEUR 1,375 in last year’s first quarter. The
Company delivered two new and one used and refurbished 3D printer in the
first quarter of 2019, compared to two used and refurbished printers
delivered in last year’s first quarter. Systems revenues also include
all Systems-related revenues from consumables, spare parts and
maintenance. The increase of revenues from our Systems segment was
mainly due to higher revenues from Systems-related revenues, while
revenue from the sale of 3D printers slightly increased. The increase of
Systems-related revenues reflects the higher installed base of 3D
printers in the market and the associated growth in aftersales
activities. Systems revenues represented 43.4% of total revenues in the
first quarter of 2019 compared to 27.2% in last year’s first quarter.

Revenues from our Services segment, which focuses on the printing of
on-demand parts for our customers, decreased 14.3% to kEUR 3,150 in the
first quarter of 2019 from kEUR 3,677 in the comparative period of 2018.
This was mainly due to lower revenue contributions from our German
operation. We received a lower number of orders mainly reflecting a
lower demand from the automotive industry. This was partially offset by
increased revenue contributions from our subsidiary voxeljet America
Inc. (“voxeljet America”). The increase in revenue at our American
service center was mainly attributable to a volume contract which we
entered into during the second quarter of 2018.

Cost of sales was kEUR 3,652 for the first quarter of 2019 compared to
kEUR 2,919 for the first quarter of 2018.

Gross profit and gross profit margin were kEUR 1,913 and 34.4%,
respectively, in the first quarter of 2019 compared to kEUR 2,133 and
42.2%, respectively in the first quarter of 2018.

Gross profit for our Systems segment increased to kEUR 829 in the first
quarter of 2019 from kEUR 381 in the first quarter of 2018. Gross profit
margin for this segment increased to 34.3% in the first quarter of 2019
compared to 27.7% in the first quarter of 2018. This was mainly due to
higher gross profit margin contributions from Systems-related revenues
resulting from a more favorable ratio of revenues to fixed costs
compared to last year’s first quarter.

Gross profit for our Services segment significantly decreased to
kEUR 1,084 in the first quarter of 2019 compared to kEUR 1,752 in the
first quarter of 2018. The gross profit margin for this segment
decreased to 34.4% in the first quarter of 2019 from 47.6% in the first
quarter of 2018. This was mainly related to lower gross profit margin
from the German service center as a result of lower utilization. Our
subsidiary voxeljet America also contributed lower gross profit margin
due to higher depreciation expense, as we added additional 3D printers
to our American service center during the third quarter of 2018,
including one VX4000 system.

Selling expenses remained nearly unchanged at kEUR 1,676 for the first
quarter of 2019 compared to kEUR 1,736 in the first quarter of 2018,
despite an increase in revenues. We incurred higher shipping and
packaging expenses, which vary from quarter to quarter depending on
quantity and types of products, as well as the destinations where those
goods are being delivered.

Administrative expenses were kEUR 1,439 for the first quarter of 2019
compared to kEUR 1,232 in the first quarter of 2018. This was mainly due
to an increase in headcount resulting in higher personnel expenses as
part of management’s remediation efforts on the material weakness
identified in the prior year. In addition, we incurred higher consulting
fees as part of our project to expand our Enterprise Resource Planning
(“ERP”) system. We have hired additional employees in the IT-Team for
the management of SAP ERP system related tasks.

Research and development (“R&D”) expenses increased to kEUR 1,705 in the
first quarter of 2019 from kEUR 1,597 in the first quarter of 2018. The
increase of kEUR 108 was mainly due to higher personnel expenses as a
result of a slight increase in headcount.

Other operating expenses in the first quarter of 2019 were kEUR 13
compared to kEUR 358 in the prior year period. This was mainly due to
lower losses from foreign currency transaction for the first quarter of
2019 compared to the first quarter of 2018.

Other operating income was kEUR 978 for the first quarter of 2019
compared to kEUR 402 in the first quarter of 2018. The increase was
mainly due to higher gains from foreign currency transactions.

The changes in foreign currency gains and losses were primarily driven
by the valuation of the intercompany loans granted by the parent company
to our UK and US subsidiaries.

Operating loss was kEUR 1,942 in the first quarter of 2019, compared to
an operating loss of kEUR 2,388 in the comparative period in 2018. The
improvement was primarily related to a significant increase of other
operating income partially offset by a lower gross profit.

Financial result was negative kEUR 858 in the first quarter of 2019,
compared to a financial result of positive kEUR 678 in the comparative
period in 2018. The significant decrease was mainly driven by the
revaluation of the derivative financial instruments in connection with
the European Investment Bank loan.

Net loss for the first quarter of 2019 was kEUR 2,788 or EUR 0.57 per
share, as compared to net loss of kEUR 1,716, or EUR 0.46 per share, in
the first quarter of 2018.

Based on a conversion rate of five American Depositary Shares (“ADSs”)
per ordinary share, net loss was at EUR 0.11 per ADS for the first
quarter of 2019, compared to a net loss of EUR 0.09 per ADS for the
first quarter of 2018. Earnings per share is computed by dividing net
income attributable to stockholders of the parent by the
weighted-average number of ordinary shares outstanding during the
periods. Earnings per ADS is calculated by dividing the above earnings
per share by five as each ordinary share represents five ADSs.

Business Outlook

Our revenue guidance for the second quarter of 2019 is expected to be in
the range of kEUR 5,000 to kEUR 5,250.

We reaffirm our guidance for the full year ending December 31, 2019:

  • Full year revenue is expected to be in the range of kEUR 27,000 to
    kEUR 30,000
  • Gross margin is expected to be above 40%
  • Operating expenses for the full year are expected as follows: selling
    and administrative expenses are expected to be in the range of
    kEUR 12,000 to kEUR 12,500 and R&D expenses are projected to be
    between approximately kEUR 5,500 and kEUR 6,000. Depreciation and
    amortization expense is expected to be between kEUR 3,750 and
    kEUR 4,000.
  • Adjusted EBITDA for the second half of the year ending December 31,
    2019 is expected to be neutral-to-positive. Adjusted EBITDA is defined
    as net income (loss), as calculated under IFRS accounting principles
    before interest (income) expense, provision (benefit) for income
    taxes, depreciation and amortization, and excluding other operating
    (income) expense resulting from foreign exchange gains or losses on
    the intercompany loans granted to the subsidiaries.
  • Capital expenditures are projected to be in the range of kEUR 2,000 to
    kEUR 2,500, which primarily includes ongoing investments in our global
    subsidiaries.

Our total backlog of 3D printer orders at March 31, 2019 was kEUR 3,422,
which represents six 3D printers. This compares to a backlog of kEUR
3,392 representing six 3D printers, at December 31, 2018. As production
and delivery of our printers is generally characterized by lead times
ranging between three to nine months, the conversion rate of order
backlog into revenue is dependent on the equipping process for the
respective 3D printer as well as the timing of customers’ requested
deliveries.

At March 31, 2019, we had cash and cash equivalents of kEUR 8,482 and
held kEUR 8,924 of investments in bond funds and kEUR 1,253 in one note
receivable, which are included in current financial assets on our
consolidated statements of financial position.

Webcast and Conference Call Details

The Company will host a conference call and webcast to review the
results for the first quarter on Friday, May 17, 2019 at 8:30 a.m.
Eastern Time. Participants from voxeljet will include its Chief
Executive Officer, Dr. Ingo Ederer, and its Chief Financial Officer,
Rudolf Franz, who will provide a general business update and respond to
investor questions.

Interested parties may access the live audio broadcast by dialing
1-877-705-6003 in the United States/Canada, or 1-201-493-6725 for
international, Conference Title “voxeljet AG First Quarter 2019
Financial Results Conference Call”. Investors are requested to access
the call at least five minutes before the scheduled start time in order
to complete a brief registration. An audio replay will be available
approximately two hours after the completion of the call at
1-844-512-2921 or 1-412-317-6671, Replay Conference ID number 13690018.
The recording will be available for replay through May 24, 2019.

A live webcast of the call will also be available on the investor
relations section of the Company’s website. Please go to the website https://event.webcasts.com/starthere.jsp?ei=1241565&tp_key=90fb6173de
at least fifteen minutes prior to the start of the call to register,
download and install any necessary audio software. A replay will also be
available as a webcast on the investor relations section of the
Company’s website.

Non-IFRS Measure

The Company uses Adjusted EBITDA as a supplemental financial measure of
its financial performance. Adjusted EBITDA is defined as net income
(loss), as calculated under IFRS accounting principles, interest
(income) expense, provision (benefit) for income taxes, depreciation and
amortization, and excluding other (income) expense resulting from
foreign exchange gains or losses on the intercompany loans granted to
the subsidiaries. Management believes Adjusted EBITDA to be an important
financial measure because it excludes the effects of fluctuating foreign
exchange gains or losses on the intercompany loans granted to its
subsidiaries. We are unable to reasonably estimate the potential
full-year financial impact of foreign currency translation because of
volatility in foreign exchange rates. Therefore, we are unable to
provide a reconciliation our forward-looking guidance for non-GAAP
Adjusted EBITDA without unreasonable effort as certain information
necessary to calculate such measure on an IFRS basis is unavailable,
dependent on future events outside of our control and cannot be
predicted without unreasonable efforts by the Company.

Management regularly uses both IFRS and non-IFRS results and
expectations internally to assess its overall performance of the
business, making operating decisions, and forecasting and planning for
future periods. Management believes that Adjusted EBITDA is a useful
financial measure to the Company’s investors as it helps investors
better understand and evaluate the projections our management board
provides. The Company’s calculation of Adjusted EBITDA may not be
comparable to similarly titled financial measures reported by other peer
companies. Adjusted EBITDA should not be considered as a substitute to
financial measures prepared in accordance with IFRS.

Exchange rate

This press release contains translations of certain U.S. dollar amounts
into euros at specified rates solely for the convenience of readers.
Unless otherwise noted, all translations from U.S. dollars to euros in
this press release were made at a rate of USD 1.1235 to EUR 1.00, the
noon buying rate of the Federal Reserve Bank of New York for the euro on
March 31, 2019.

About voxeljet

voxeljet is a leading provider of high-speed, large-format 3D
printers and on-demand parts services to industrial and commercial
customers. The Company’s 3D printers employ a powder binding, additive
manufacturing technology to produce parts using various material sets,
which consist of particulate materials and proprietary chemical binding
agents. The Company provides its 3D printers and on-demand parts
services to industrial and commercial customers serving the automotive,
aerospace, film and entertainment, art and architecture, engineering and
consumer product end markets. For more information, visit http://www.voxeljet.de/en/.

Cautionary Statement on Forward-Looking Statements

This press release contains forward-looking statements concerning our
business, operations and financial performance. Any statements that are
not of historical facts may be deemed to be forward-looking statements.
You can identify these forward-looking statements by words such as
‘‘believes,’’ ‘‘estimates,’’ ‘‘anticipates,’’ ‘‘expects,’’ ‘‘projects,’’
‘‘plans,’’ ‘‘intends,’’ ‘‘may,’’ ‘‘could,’’ ‘‘might,’’ ‘‘will,’’
‘‘should,’’ ‘‘aims,’’ or other similar expressions that convey
uncertainty of future events or outcomes. Forward-looking statements
include statements regarding our intentions, beliefs, assumptions,
projections, outlook, analyses or current expectations concerning, among
other things, our results of operations, financial condition, business
outlook, the industry in which we operate and the trends that may affect
the industry or us. Although we believe that we have a reasonable basis
for each forward-looking statement contained in this press release, we
caution you that forward-looking statements are not guarantees of future
performance. All of our forward-looking statements are subject to known
and unknown risks, uncertainties and other factors that are in some
cases beyond our control and that may cause our actual results to differ
materially from our expectations, including those risks identified under
the caption “Risk Factors” in the Company’s Annual Report on Form 20-F
and in other reports the Company files with the U.S. Securities and
Exchange Commission, as well as the risk that our revenues may fall
short of the guidance we have provided in this press release. Except as
required by law, the Company undertakes no obligation to publicly update
any forward-looking statements for any reason after the date of this
press release whether as a result of new information, future events or
otherwise.

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

     
Notes 3/31/2019 12/31/2018 (1)
(€ in thousands)
unaudited
Current assets 36,519 37,936
Cash and cash equivalents 7 8,482 7,402
Financial assets 7 10,177 12,905
Trade receivables, net 4,857 6,030
Inventories 4 11,156 10,064
Income tax receivables 37 13
Other assets 1,810 1,522
 
Non-current assets 35,371 31,416
Financial assets 7 1,632 2,234
Intangible assets 1,404 1,420
Property, plant and equipment, net 2, 5 32,255 27,675
Investments in joint venture 32 33
Other assets 48 54
   
Total assets 71,890 69,352
     
Notes 3/31/2019 12/31/2018 (1)
 
Current liabilities 6,732 6,302
Trade payables 7 2,507 2,945
Contract liabilities 7 1,027 817
Financial liabilities 2, 7 1,377 850
Other liabilities and provisions 6 1,821 1,690
 
Non-current liabilities 20,780 16,575
Deferred tax liabilities 63 76
Financial liabilities 2, 7 20,539 16,321
Other liabilities and provisions 6 178 178
 
Equity 44,378 46,475
Subscribed capital 4,836 4,836
Capital reserves 87,572 86,803
Accumulated deficit (49,184) (46,400)
Accumulated other comprehensive income 907 1,201
Equity attributable to the owners of the company 44,131 46,440
Non-controlling interest 247 35
Total equity and liabilities 71,890 69,352

See accompanying notes to unaudited condensed consolidated interim
financial statements.

(1)The Company has initially applied IFRS 16 as of January 1,
2019, using the modified retrospective approach. Under this approach,
comparative information is not restated and the cumulative effect of
initially applying IFRS 16 is recognized in retained earnings at the
date of initial application. For further information, see Note 2 of the
condensed consolidated interim financial statements.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED)

     
Three months ended March 31,
Notes 2019 2018 (1) (2)
(€ in thousands except share and share data)
Revenues 9, 10 5,565 5,052
Cost of sales (3,652) (2,919)
Gross profit 9 1,913 2,133
Selling expenses (1,676) (1,736)
Administrative expenses (1,439) (1,232)
Research and development expenses (1,705) (1,597)
Other operating expenses (13) (358)
Other operating income 978 402
Operating loss (1,942) (2,388)
Finance expense 8 (917) (268)
Finance income 8 59 946
Financial result 8 (858) 678
Loss before income taxes (2,800) (1,710)
Income taxes 12 (6)
Net loss (2,788) (1,716)
 
Debt investment at FVOCI – net change in fair value 106 (15)
Foreign currency translation differences (400) (64)
Other comprehensive income (294) (79)
Total comprehensive loss (3,082) (1,795)
 
Loss attributable to:
Owners of the Company (2,784) (1,710)
Non-controlling interests (4) (6)
(2,788) (1,716)
 
Total comprehensive loss attributable to:
Owners of the Company (3,078) (1,789)
Non-controlling interests (4) (6)
(3,082) (1,795)
 
Weighted average number of ordinary shares outstanding 4,836,000 3,720,000
Loss per share – basic/ diluted (EUR) (0.58) (0.46)

See accompanying notes to unaudited condensed consolidated interim
financial statements.

(1)The Company has initially applied IFRS 16 as of January 1,
2019, using the modified retrospective approach. Under this approach,
comparative information is not restated and the cumulative effect of
initially applying IFRS 16 is recognized in retained earnings at the
date of initial application. For further information, see Note 2 of the
condensed consolidated interim financial statements.

(2)Certain comparative figures for the 3-month period ended
March 31, 2018 were restated for immaterial errors. For further
information, see Note 9 of the Q3-2018 condensed consolidated interim
financial statements.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

             
Attributable to the owners of the company
Accumulated
other
Subscribed Capital Accumulated comprehensive Non-controlling
(€ in thousands) capital reserves deficit gain (loss) Total interests Total equity
Balance at December 31, 2017 (2) 3,720 76,227 (37,480) 1,380 43,847 71 43,918
Adjustment on initial application of IFRS 15 (100) (100) (100)
Adjustment on initial application of IFRS 9 (63) (63) (63)
Adjusted balance at January 1, 2018 (2) 3,720 76,227 (37,643) 1,380 43,684 71 43,755
Loss for the period (1,710) (1,710) (6) (1,716)
Net changes in fair value of debt investments at FVOCI (15) (15) (15)
Foreign currency translations (64) (64) (64)
Equity-settled share-based payment 129 129 129
Balance at March 31, 2018 (2) 3,720 76,356 (39,353) 1,301 42,024 65 42,089
             
Attributable to the owners of the company
Accumulated
other
Subscribed Capital Accumulated comprehensive Non-controlling
(€ in thousands) capital reserves deficit gain (loss) Total interests Total equity
Balance at December 31, 2018 (1) 4,836 86,803 (46,400) 1,201 46,440 35 46,475
Loss for the period (2,784) (2,784) (4) (2,788)
Net changes in fair value of debt investments at FVOCI 106 106 106
Foreign currency translations (400) (400) (400)
Equity-settled share-based payment 165 165 165
Share-based payment transaction with the non-controlling shareholder
of a subsidiary
604 604 216 820
Balance at March 31, 2019 4,836 87,572 (49,184) 907 44,131 247 44,378

See accompanying notes to unaudited condensed consolidated interim
financial statements.

(1)The Company has initially applied IFRS 16 as of January 1,
2019, using the modified retrospective approach. Under this approach,
comparative information is not restated and the cumulative effect of
initially applying IFRS 16 is recognized in retained earnings at the
date of initial application. For further information, see Note 2 of the
condensed consolidated interim financial statements.

(2)Certain comparative figures for the 3-month period ended
March 31, 2018 were restated for immaterial errors. For further
information, see Note 9 of the Q3-2018 condensed consolidated interim
financial statements.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

   
Three months ended March 31,
2019 2018 (1) (2)
(€ in thousands)
Cash Flow from operating activities
 
Loss for the period (2,788) (1,716)
 
Depreciation and amortization 1,050 841
Foreign currency exchange differences on loans to subsidiaries (769) (61)
Share-based compensation expense 165 129
Change in impairment of trade receivables (28) 10
Non-cash interest expense on long-term debt 205 189
Change in fair value of derivative equity forward 602 (941)
Change in inventory allowance (9) (226)
Other 9
 
Change in working capital (265) 1,578
Trade and other receivables, inventories and current assets 61 (901)
Trade payables (586) (260)
Other liabilities, contract liabilities and provisions 284 2,739
Income tax payable/receivables (24)
Net cash used in operating activities (1,837) (188)
 
Cash Flow from investing activities
 
Payments to acquire property, plant and equipment and intangible
assets
(173) (234)
Proceeds from disposal of financial assets 4,081 2,526
Payments to acquire financial assets (1,235) (6,170)
Proceeds from disposal of property, plant and equipment 22
Net cash from (used in) investing activities 2,695 (3,878)
 
Cash Flow from financing activities
 
Repayment of bank overdrafts and lines of credit (58)
Repayment of sale and leaseback obligation (118)
Repayment of lease liabilities (2018: Repayment of finance lease
obligations)
(77) (12)
Repayment of long-term debt (250) (197)
Proceeds from issuance of long-term debt 500 40
Net cash from (used in) financing activities 173 (345)
 
Net increase (decrease) in cash and cash equivalents 1,031 (4,411)
 
Cash and cash equivalents at beginning of period 7,402 7,569
Changes to cash and cash equivalents due to foreign exchanges rates 49 (18)
Cash and cash equivalents at end of period 8,482 3,140
 
Supplemental Cash Flow Information
Interest paid 66 47
Interest received 43 1

Contacts

Investors and Media
Johannes Pesch
Director Investor
Relations and Business Development
johannes.pesch@voxeljet.de
Office:
+49 821 7483172
Mobile: +49 176 45398316

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North America $32.73 Billion Home Automation Systems Market to 2025 by System Component, Software Algorithm, Product, Service Type, Technology – ResearchAndMarkets.com

Business Wire

Published

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DUBLIN–(BUSINESS WIRE)–The “North America Home Automation Systems Market by System Component, Software Algorithm, Product, Service Type, Technology, and Country 2014-2025: Growth Opportunity and Business Strategy” report has been added to ResearchAndMarkets.com’s offering.

North America Home Automation Systems Market Predicted to Reach $32.73 billion in 2025

The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025.

The trend and outlook of the North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America home automation systems market in every aspect of the classification from perspectives of System Component, Software Algorithm, Product, Service Type, Technology, and Country.

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Five Forces

The report also covers the current competitive scenario and the predicted manufacture trend; and profiles key vendors including market leaders and important emerging players.

Key Topics Covered:

1 Introduction

1.1 Industry Definition and Research Scope

1.2 Research Methodology

1.3 Executive Summary

2 Market Overview and Qualitative Analysis

2.1 Market Size and Forecast

2.2 Major Growth Drivers

2.3 Market Restraints and Challenges

2.4 Emerging Opportunities and Market Trends

2.5 Porter’s Five Forces Analysis

3 Segmentation of North America Market by System Component

3.1 Market Overview by System Component

3.2 North America Hardware Market for Home Automation Systems 2014-2025

3.3 North America Software Market for Home Automation Systems 2014-2025

3.4 North America Service Market for Home Automation Systems 2014-2025

4 Segmentation of North America Market by Software Algorithm

4.1 Market Overview by Software Algorithm

4.2 North America Proactive Home Automation Systems Market 2014-2025

4.3 North America Behavioral Home Automation Systems Market 2014-2025

5 Segmentation of North America Market by Product

5.1 Market Overview by Product

5.2 North America Home Automation Systems Market in HVAC Control and Energy Management 2014-2025

5.3 North America Home Automation Systems Market in Security and Access Control 2014-2025

5.4 North America Home Automation Systems Market in Entertainment Control 2014-2025

5.5 North America Home Automation Systems Market in Lighting Control 2014-2025

5.6 North America Home Automation Systems Market in Other Controls 2014-2025

6 Segmentation of North America Market by Service Type

6.1 Market Overview by Service Type

6.2 North America Home Automation Systems Market in Managed Services Segment 2014-2025

6.3 North America Home Automation Systems Market in Mainstream Services Segment 2014-2025

6.4 North America Home Automation Systems Market in Do-It-Yourself (DIY) Segment 2014-2025

6.5 North America Home Automation Systems Market in Luxury Services Segment 2014-2025

7 Segmentation of North America Market by Technology

7.1 Market Overview by Technology

7.2 North America Market of Home Automation Systems with Wired Technology 2014-2025

7.3 North America Market of Home Automation Systems with Wireless Communication Technologies 2014-2025

7.4 North America Market of Home Automation Systems with Network Technologies 2014-2025

7.5 North America Market of Home Automation Systems with Power-line Technology 2014-2025

7.6 North America Market of Home Automation Systems with Other Technologies 2014-2025

8 North America Market 2014-2025 by Country

8.1 Overview of North America Market

8.2 U.S. Market

8.3 Canadian Market

9 Competitive Landscape

9.1 Overview of Key Vendors

9.2 Company Profiles

10 Investing in North America Market: Risk Assessment and Management

10.1 Risk Evaluation of North America Market

10.2 Critical Success Factors (CSFs)

Companies Mentioned

  • ABB Ltd.
  • Amx LLC (Harman)
  • Control4 Corporation
  • Crestron Electronics, Inc.
  • Honeywell International Inc.
  • Ingersoll-Rand PLC
  • Johnson Controls, Inc.
  • Legrand
  • Leviton Manufacturing Company, Inc.
  • Lutron
  • Savant Systems LLC.
  • Schneider Electric SE
  • Siemens AG
  • Zigbee Alliance

For more information about this report visit https://www.researchandmarkets.com/r/j8q3l4

Contacts

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

Related Topics: Home Networks, Internet of Things and M2M

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North America Mobile Advertising Market is Estimated to Reach $103.02 Billion in 2025, Representing a 2019-2025 CAGR of 17.22% – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “North America Mobile Advertising Market by Solution Format, Advertising Type, Industry Vertical, Mobile Device, and Country 2014-2025: Growth Opportunity and Business Strategy” report has been added to ResearchAndMarkets.com’s offering.

North America Mobile Advertising Market is Estimated to Reach $103.02 Billion in 2025, Representing a 2019-2025 CAGR of 17.22%

The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025.

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America mobile advertising market in every aspect of the classification from perspectives of Solution Format, Advertising Type, Industry Vertical, Mobile Device, and Country.

The report also covers the current competitive scenario and the predicted industry trend; and profiles key providers including market leaders and important emerging players.

Specifically, potential risks associated with investing in North America mobile advertising market are assayed quantitatively and qualitatively through the Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Topics Covered:

1 Introduction

1.1 Industry Definition and Research Scope

1.2 Research Methodology

1.3 Executive Summary

2 Market Overview and Qualitative Analysis

2.1 Market Size and Forecast

2.2 Major Growth Drivers

2.3 Market Restraints and Challenges

2.4 Emerging Opportunities and Market Trends

2.5 Porter’s Five Forces Analysis

3 Segmentation of North America Market by Solution Format

3.1 Market Overview by Solution Format

3.2 North America Market of Mobile Advertising via Advertisement Campaign Solutions 2014-2025

3.3 North America Market of Mobile Advertising via Reporting & Analytics Solutions 2014-2025

3.4 North America Market of Mobile Advertising via Content Delivery Solutions 2014-2025

3.5 North America Market of Mobile Advertising via Integrated Solutions 2014-2025

3.6 North America Market of Mobile Advertising via Mobile Proximity Solutions 2014-2025

3.7 North America Market of Mobile Advertising via Other Solutions 2014-2025

4 Segmentation of North America Market by Advertising Type

4.1 Market Overview by Advertising Type

4.2 North America Mobile Search Advertising Market 2014-2025

4.3 North America Mobile Display Advertising Market 2014-2025

4.4 North America Mobile In-App Advertising Market 2014-2025

4.5 North America Mobile In-Game Advertising Market 2014-2025

4.6 North America Mobile Websites Advertising Market 2014-2025

4.7 North America Mobile Messaging Advertising Market 2014-2025

4.8 North America Mobile Video Advertising Market 2014-2025

4.9 North America Market of Other Mobile Advertising Types 2014-2025

5 Segmentation of North America Market by Industry Vertical

5.1 Market Overview by Industry Vertical

5.2 North America Mobile Advertising Market for Media and Entertainment 2014-2025

5.3 North America Mobile Advertising Market for Consumer Goods & Retail Industry 2014-2025

5.4 North America Mobile Advertising Market for Banking, Financial Service & Insurance (BFSI) 2014-2025

5.5 North America Mobile Advertising Market for Telecommunication IT Sector 2014-2025

5.6 North America Mobile Advertising Market for Travel Industry 2014-2025

5.7 North America Mobile Advertising Market for Healthcare Sector 2014-2025

5.8 North America Mobile Advertising Market for Manufacturing & Supply Chain 2014-2025

5.9 North America Mobile Advertising Market for Transportation and Logistics 2014-2025

5.10 North America Mobile Advertising Market for Energy, Power, and Utilities 2014-2025

5.11 North America Mobile Advertising Market for Other Industries 2014-2025

6 Segmentation of North America Market by Mobile Device

6.1 Market Overview by Mobile Device

6.2 North America Mobile Advertising Market on Smartphones 2014-2025

6.3 North America Mobile Advertising Market on Tablets 2014-2025

6.4 North America Mobile Advertising Market on Laptops & Notebooks 2014-2025

6.4 North America Mobile Advertising Market on Other Mobile Devices 2014-2025

7 North America Market 2014-2025 by Country

7.1 Overview of North America Market

7.2 U.S. Market

7.3 Canadian Market

8 Competitive Landscape

8.1 Overview of Key Vendors

8.2 Company Profiles

9 Investing in North America Market: Risk Assessment and Management

9.1 Risk Evaluation of North America Market

9.2 Critical Success Factors (CSFs)

Companies Mentioned

  • AOL
  • AdColony, Inc.
  • Apple Inc.
  • Applovin Corporation
  • Avazu Inc.
  • Chartboost Inc.
  • Digital Turbine, Inc.
  • Facebook Inc.
  • Flurry Inc.
  • Flytxt
  • GoWide
  • Google, Inc.
  • GumGum Inc
  • Inmobi
  • Matomy Media Group Ltd.
  • Microsoft Corporation
  • Millenial Media
  • MoPub Inc.
  • Nokia
  • PassionTeck
  • SAP SE
  • Smaato Inc.
  • Tune, Inc.
  • Yahoo! Inc.
  • Yeahmobi

For more information about this report visit https://www.researchandmarkets.com/r/ttydk0

Contacts

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

Related Topics: Tablets and E-Readers

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Business Wire

NativeScript 6.0 Drives Developer Experience and Extensibility as Well as Performance and Stability

Business Wire

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Reading Time: 3 minutes

Now supporting Angular 8 and Vue.js, NativeScript enables developers to reuse 70% of the application code written for a web application during the mobile app development process

BEDFORD, Mass.–(BUSINESS WIRE)–Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced the latest advancements for NativeScript®, the open source framework for building truly native mobile apps with Angular, Vue.js, TypeScript and JavaScript. With a focus on developer experience, extensibility, performance and stability, the NativeScript 6.0 framework now offers an abundance of new advancements including support for the latest frameworks, new themes and faster build speeds.

“The latest release of NativeScript brings some amazing features for our enterprise customers,” said Dmitri Tcherevik, CTO, Progress. “Now developers will be able to ship updates faster, make even smaller app binaries, and the fastest delivery of cross-platform apps that are of the highest quality, providing the best user experience as demanded by our discerning users.”

Developer Experience and Extensibility

NativeScript has long supported 100% code sharing across iOS and Android. With NativeScript 6.0 the amount of code reuse between web and mobile has increased. NativeScript can achieve 70% code reuse across web and mobile, including support for PWAs. This shortens development and testing cycles for both web and mobile apps in production while ensuring consistency across digital channels. It also lowers the cost of development and maintenance for deployed applications.

In addition, NativeScript provides:

  • Support for Angular 8 and the new rendering engine, Ivy, for better files, compilation time and application performance
  • Full support for Vue.js, including feature parity for new functionality between Vue.js, Angular and Core frameworks as well as the use of all plugins developed for NativeScript. Mission critical support is available from Progress to complement the free support channels
  • Anew dark theme to coincide with the iOS dark mode that will be available with iOS 13
  • The ability to consume third-party libraries directly in iOS
  • The public release of the Hot Module Replacement which includes support for SASS files and script changes in Vue.js, support for Angular projects out of the box, as well as acknowledgment of file operations like adding or deleting files from a project’s structure.
  • Support for the new Android X library, enabling use of the latest features of the newest Android versions, when shipped

Performance and Stability

As developers continue to be tasked with more work under tighter deadlines, NativeScript eases this burden with greater performance and stability. NativeScript 6.0 now enables

  • 30% faster builds for Android and 10% faster startup time for iOS
  • “markingMode: none” is now an officially supported option of the Android runtime
  • New flexible layouts, like TabView, give users the ability to make more intricate layouts with less code
  • Faster go-to-market for new app versions because of a streamlined store approval process
  • Complete integration with the WebPack framework for all NativeScript apps ensuring the best file size and performance for any chosen architecture

Progress complements the open source version of NativeScript with several commercial models. NativeScript plays a key role in Progress® Kinvey®, a cloud-native app dev platform used to build omni-channel experiences that include native mobile apps. Progress also provides paid support plans, while training and professional services are delivered through a partner network.

NativeScript 6.0 is available today. For more information go to www.nativescript.org or to learn more about the market leading capabilities of NativeScript, read the “2019 Gartner Magic Quadrant for Multiexperience Development Platforms,” in which Progress is listed as a Leader.

About Progress

Progress (NASDAQ: PRGS) offers the leading platform for developing and deploying strategic business applications. We enable customers and partners to deliver modern, high-impact digital experiences with a fraction of the effort, time and cost. Progress offers powerful tools for easily building adaptive user experiences across any type of device or touchpoint, award-winning machine learning that enables cognitive capabilities to be a part of any application, the flexibility of a serverless cloud to deploy modern apps, business rules, web content management, plus leading data connectivity technology. Over 1,700 independent software vendors, 100,000 enterprise customers, and two million developers rely on Progress to power their applications. Learn about Progress at www.progress.com or +1-800-477-6473.

Progress, Kinvey, and NativeScript are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.

Contacts

Kim Baker

Progress

+1 888-365-2779

pr@progress.com

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