Market Overview:
The global intelligent pension equipment market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing elderly population and rising awareness about the benefits of using intelligent pension equipment. The positioning equipment segment is expected to lead the global intelligent pension equipment market in terms of revenue by 2030, owing to its ability to provide accurate location tracking for seniors. The health monitoring segment is also expected to witness significant growth during the forecast period, due to the increasing demand for health monitoring devices among elderly population. In terms of application, 60-70 years old segment is projectedto hold major share in global Intelligent Pension Equipment Market by 2030 followed by 70-80 years old and older than 80 years old segments respectively . North America region accounted for largest share in 2017 and it will continue its dominance throughout forecast period .
Product Definition:
Intelligent Pension Equipment is a type of equipment that helps to manage pension funds. It is important because it allows for better organization and oversight of pension funds, which can help ensure that they are managed in the most efficient way possible.
Positioning Equipment:
The global positioning equipment (GPS) market is expected to witness significant growth over the forecast period. The growth of this market can be attributed to factors such as increasing demand for location-based services, growing use of GPS in smartphones and tablets, and rising consumer awareness regarding the benefits offered by GPS devices.
Health Monitoring Equipment:
Health monitoring equipment is a tool that helps in measuring and analyzing the health of an individual. It comprises of devices like heart rate monitors, pulse oximeters, blood pressure monitors among others. The main function of these devices is to help individuals maintain their health by paying attention to certain parameters such as body temperature, blood oxygen levels among others.
Intelligent pension equipment consists of sensors that are used for gathering information about an individual’s life span including information related to income.
Application Insights:
Based on application, the market has been segmented into 60-70 years old, 70-80 years old and above, and others. The 60-70 years old group held the largest share of more than 40.0% in 2017 owing to an increase in life expectancy across various regions coupled with growing awareness about pensions among individuals aged 60 to 70 years. Moreover, a significant rise in the number of companies offering products for this age group is expected to fuel demand over the forecast period.
The health monitoring equipment category is anticipated to witness considerable growth over the forecast period due largely to rising geriatric population across regions coupled with increasing prevalence of chronic diseases such as cancer and diabetes which require constant monitoring & tracking for effective treatment & management at an affordable cost.
Regional Analysis:
North America dominated the global intelligent pension equipment market in 2017. The growth can be attributed to various factors such as favorable government initiatives, increasing awareness about IPEs among employers and employees, and high disposable income of individuals. Moreover, presence of a large number of vendors in this region is also expected to drive the regional demand for intelligent pension equipment over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising geriatric population coupled with improving healthcare infrastructure in countries like China and India.
Europe was valued at USD X billion in 2017; hence making it second largest after North America amongst all regions considered herein (in terms of revenue).
Growth Factors:
- Increasing demand for automated pension equipment from the banking and financial sector to manage their large customer base
- Rising awareness about the benefits of using intelligent pension equipment among retirement plan sponsors and participants
- Proliferation of innovative products and features by vendors to address specific needs of customers
- Growing demand for outsourcing services for pension management operations
- Emergence of new business models that facilitate adoption of intelligent pension equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Pension Equipment Market Research Report
By Type
Positioning Equipment, Health Monitoring Equipment, One-click Call for Help, Others
By Application
60-70 Years Old, 70-80 Years Old, Older Than 80 Years Old
By Companies
Glamour, OWON, Jkez, SON XIAO, Hitachi, Ltd, JIEJIATONG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Pension Equipment Market Report Segments:
The global Intelligent Pension Equipment market is segmented on the basis of:
Types
Positioning Equipment, Health Monitoring Equipment, One-click Call for Help, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
60-70 Years Old, 70-80 Years Old, Older Than 80 Years Old
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Glamour
- OWON
- Jkez
- SON XIAO
- Hitachi, Ltd
- JIEJIATONG
Highlights of The Intelligent Pension Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Positioning Equipment
- Health Monitoring Equipment
- One-click Call for Help
- Others
- By Application:
- 60-70 Years Old
- 70-80 Years Old
- Older Than 80 Years Old
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Pension Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intelligent Pension Equipment (IPE) is a category of technology that automates the administration and calculation of pension benefits for employees. It can include systems to manage employee contributions, calculate retirement benefits, and monitor employee benefit plan performance.
Some of the key players operating in the intelligent pension equipment market are Glamour, OWON, Jkez, SON XIAO, Hitachi, Ltd, JIEJIATONG.
The intelligent pension equipment market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Pension Equipment Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Intelligent Pension Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Intelligent Pension Equipment Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Intelligent Pension Equipment Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Intelligent Pension Equipment Market Size & Forecast, 2018-2028 4.5.1 Intelligent Pension Equipment Market Size and Y-o-Y Growth 4.5.2 Intelligent Pension Equipment Market Absolute $ Opportunity
Chapter 5 Global Intelligent Pension Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Intelligent Pension Equipment Market Size Forecast by Type
5.2.1 Positioning Equipment
5.2.2 Health Monitoring Equipment
5.2.3 One-click Call for Help
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Pension Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Intelligent Pension Equipment Market Size Forecast by Applications
6.2.1 60-70 Years Old
6.2.2 70-80 Years Old
6.2.3 Older Than 80 Years Old
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Pension Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Intelligent Pension Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Intelligent Pension Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Pension Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Intelligent Pension Equipment Market Size Forecast by Type
9.6.1 Positioning Equipment
9.6.2 Health Monitoring Equipment
9.6.3 One-click Call for Help
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Intelligent Pension Equipment Market Size Forecast by Applications
9.10.1 60-70 Years Old
9.10.2 70-80 Years Old
9.10.3 Older Than 80 Years Old
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Intelligent Pension Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Pension Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Intelligent Pension Equipment Market Size Forecast by Type
10.6.1 Positioning Equipment
10.6.2 Health Monitoring Equipment
10.6.3 One-click Call for Help
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Intelligent Pension Equipment Market Size Forecast by Applications
10.10.1 60-70 Years Old
10.10.2 70-80 Years Old
10.10.3 Older Than 80 Years Old
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Intelligent Pension Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Pension Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Intelligent Pension Equipment Market Size Forecast by Type
11.6.1 Positioning Equipment
11.6.2 Health Monitoring Equipment
11.6.3 One-click Call for Help
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Intelligent Pension Equipment Market Size Forecast by Applications
11.10.1 60-70 Years Old
11.10.2 70-80 Years Old
11.10.3 Older Than 80 Years Old
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Intelligent Pension Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Pension Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Intelligent Pension Equipment Market Size Forecast by Type
12.6.1 Positioning Equipment
12.6.2 Health Monitoring Equipment
12.6.3 One-click Call for Help
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Intelligent Pension Equipment Market Size Forecast by Applications
12.10.1 60-70 Years Old
12.10.2 70-80 Years Old
12.10.3 Older Than 80 Years Old
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Intelligent Pension Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Pension Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Intelligent Pension Equipment Market Size Forecast by Type
13.6.1 Positioning Equipment
13.6.2 Health Monitoring Equipment
13.6.3 One-click Call for Help
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Intelligent Pension Equipment Market Size Forecast by Applications
13.10.1 60-70 Years Old
13.10.2 70-80 Years Old
13.10.3 Older Than 80 Years Old
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Intelligent Pension Equipment Market: Competitive Dashboard
14.2 Global Intelligent Pension Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Glamour
14.3.2 OWON
14.3.3 Jkez
14.3.4 SON XIAO
14.3.5 Hitachi, Ltd
14.3.6 JIEJIATONG