DEV Community: Chris Mcdonald

Telecommunications Network Operators: 2Q24 Market Review Capex falls for fifth straight quarter

Chris Mcdonald — Wed, 06 Nov 2024 13:38:14 +0000

This report reviews the growth and development of the telecommunications network operator (TNO, or telco) market. The report tracks a wide range of financial stats for 140 telcos across the globe, from 1Q11 through 2Q24. For the annualized 2Q24 period, telcos represented $1.77 trillion (T) in revenues (0.1% growth YoY), $262.9 billion (B) in labor costs (2.1% YoY), and $300.7B in capex (-6.9% YoY). They employed approximately 4.48 million people as of June 2024, down 1.2% from the prior year. Report highlights include:

Revenues: Telco topline declined by 1.4% year-over-year (YoY) to reach $437.8 billion (B) in the latest single quarter ending 2Q24. At the operator level, five of the top 20 best performing telcos by topline growth in 2Q24 on an annualized basis include America Movil (8.0%), STC (Saudi Telecom) (5.8%), BT (4.7%), Telefonica (3.6%), and Orange (2.9%).

Capex: Capex spending plunged by 8.0% on a YoY basis to post $69.4B in the latest single quarter ending June 2024. At the operator level, five of the top 20 best performing telcos by capex growth in 2Q24 on an annualized basis include BSNL (128.2%), KDDI (23.6%), Telecom Italia (9.1%), Charter Communications (7.9%), and America Movil (7.6%).

Labor costs: Labor costs grew by 2.1% YoY in the annualized 2Q24 period, pushing labor costs as a percentage of opex (excluding D&A) slightly up from 22.2% in 2Q23 to 22.4% in 2Q24 on an annualized basis. This growth occurred despite an ongoing reduction in industry headcount; the telco workforce ended 2Q24 at 4.48 million, down 1.2% YoY.

Profitability margins: Both EBITDA and EBIT margins experienced a slight uptick in 2Q24 on an annualized basis compared to the previous quarter.

Regional trends: The Americas region outpaced Asia to reclaim its position as the largest region by revenue, holding a 37.3% share in 2Q24. On a capex basis, the Asia region outspent the Americas, capturing a 36.5% share in the latest quarter.

Author Bio:

Chris McDonald is the Manager at Complete Connection, where he leads the development of cutting-edge solutions in web application development and emerging technologies like Intelligent Reflecting Surfaces (RIS). He regularly writes about advancements in technology and how they can transform industries. If you’re interested in contributing your insights, visit our Write for Us Technology page to learn more about submitting guest articles on the latest in web development and tech innovations.

Electronic Design Automation Market Outlook (2022-2032)

Chris Mcdonald — Wed, 20 Apr 2022 15:29:24 +0000

The global electronic design market was valued at US$ 12.5 Billion in 2021 and is likely to reach US$ 13.5 Billion in 2022, experiencing a Y-o-Y expansion of 8%. Across the 2022-2032 forecast period, the market is projected to increase at a 7.8% CAGR, securing US$ 28.6 Billion by the 2032 end.

The global electronic design automation market is expected to procure an absolute dollar growth of US$ 15.1 Billion until 2032. The market is projected to have flourished at a growth rate of 8.3% from 2015 to 2021. While the U.S market is anticipated to secure the forefront position, garnering US$ 9.3 Billion by 2032, China is likely to value US$ 2.1 Billion by 2032. The cloud-based segment is expected to dominate the market by deployment mode while recording a CAGR of 6.9% from 2022-2032.

Electronic Design Automation Revenue Analysis 2015-2021 vs. Future Outlook 2022-2032

As per the market research and competitive intelligence provider Fact. MR, the electronic design automation market witnessed a CAGR of 8.3% from 2015-2021. As the demand for complex integrated circuits (ICs) rises, the market for electronic design automation is strengthening. Also, the surging adoption of connected devices is another factor propelling the market expansion from 2015-2021.

Rapid increment in the adoption of connected devices like smartphones, smart home systems, and wearables has made a significant contribution to develop the industry from 2015-2021. The growing demand for high-performance with minimal power consumption capability is projected to have propelled the market during the aforementioned timeframe.

The number of devices connected through IoT is likely to reach 50 Billion by 2025. The growing application of interconnected devices would comprise security systems, home appliances, portable medical devices, smartwatches, smart meters and fitness trackers, among others. Such devices would be compact in size and cheaper, and some of these devices would communicate and operate autonomously. From 2022-2032, the global electronic design automation market is expected to grow 2.1x.

Salient Electronic Design Automation Market Growth Drivers

Rising Adoption of FinFET Architecture to Boost the Industry

Increasing adoption of FinFET architecture for producing advanced modern processors is expected to benefit the market in the forecast period. Growing usage of SoC technology and the rising penetration of IoT, VR, and AI are speculated to be the most significant factors driving the market in the assessment period. Players are taking various initiatives to develop the FinFET architecture, which is expected to positively influence the market.

For instance, in April 2022, GBT Technologies Inc. announced to develop Gate-All-Around FET (GAA FET) support for its integrated circuits, and productivity enhancement EDA write for us technology. The tool works on Integrated Circuit (IC) layout data, checking manufacturing, geometrical, and electrical design rules correctness during the construction of an IC layout, thereby developing a Rule-Aware mask design environment. Owing to such initiatives, the market is likely to witness significant growth in the assessment period.

EDA solutions assist in addressing new challenges such as double-patterning & 3D transistors, introduced by 16/14nm and 20nm planar and below FinFET manufacturing rules with 3D-IC integration. It also helps Early RTL design exploration and block feasibility analysis, in-design exploration, physical guidance from synthesis to place and route, and others. Therefore, such advantages of EDA solutions for FinFET architecture are likely to augment the market expansion during the forecast period.

Growing demand for smaller and portable electronic devices and growing demand for machine learning for EDA is anticipated to offer remunerative opportunities to the electronic design automation market in coming years.

Emerging Trend of EDA toolset with Machine Learning Capabilities with AI to Benefit the Industry

The emerging trend of EDA toolset with ML capabilities along with the advanced technologies like cloud and AI, are expected to contribute to the market expansion in the forecast period. Also, investments made in the concerned field to reduce the number of errors to save time are anticipated to offer good results to the market in the assessment period. For instance, in June 2020, Samsung Electronics Co. Ltd announced to launch the Samsung Advanced Foundry Ecosystem (SAFE) Cloud Design Platform (CDP). The initiative was taken in collaboration with Rescale, an eminent name in high-performance computing (HPC) applications in the cloud. SAFE CDP provides a secure sign condition verified with cloud companies.

The growing demand for miniature electronic devices and rising adoption of SoC technology across several sectors such as AI and IoT are anticipated to benefit the market in coming years. Moreover, AI is offering EDA various opportunities for tackling the growing complications in silicon technologies, escalating product timelines, and allowing engineering teams to scale.

While developed countries such as the U.S, the U.K, and others are likely to accumulate significant market value, regions such as APAC are projected to exhibit the fastest growth rate in the assessment period. Emerging economies like India, China, and Japan are set to procure high positions in the market. Expansion of the regional market can be attributed to the application of modern technologies in various sectors. For instance, in March 2022, UST, a digital transformation solutions company, and Karnataka Information Technology Venture (KITVEN) Fund, jointly invested in Calligo Technologies, which is a data science and machine learning products and services company, as a part of ‘Make in India’ initiative. Such developments are expected to propel the regional market and also spike the market growth graph at a global level.

Factors Hindering the Electronic Design Automation Market Growth

Continuous Technological Changes to Hamper the Market Expansion

Continuous technological changes result in changes in their size. Therefore, it becomes important for the semiconductor chip companies to change the IP core design architecture. Changes in nodes of a semiconductor chip result in design complexities, IP core design architecture, and chip form factor. Thus, technical obstacles to device integration and the development of new design methodology are some of the challenges prevailing in the industry.

Several players are taking actions to enhance their product’s electronic design automation solutions to meet the requirement of changing technology. In an occurrence, in July 2021, Cadence Design Systems Inc announced the launch of Cadence Cerebrus Intelligent Chip Explorers. It is a modern ML-based device that automates and scales digital chip design, enabling clients to meet tedious chip design objectives efficiently.

Vendors in the electronic design automation market have been taking continuous efforts to update and develop their solutions to accommodate to the changing IP core design architecture. Therefore, continuous developments in technologies have enhanced the overall expenses associated with the production of semiconductor chips, thereby, limiting the market growth.

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Country-Wise Analysis

How opportunistic will the Market for Electronic Design Automation be across the U.S?

Increasing Adoption of EDA tools in Automotive, Consumer Electronics, and other sectors to propel the Market

As per the analysis by Fact. MR, the U.S market is expected to garner US$ 9.3 Billion by 2032. The estimated CAGR of the region is 7.3% from 2022-2032. The growth of the regional market can be attributed to the increasing adoption of EDA tools in sectors such as automotive, and consumer electronics, among others. There has been a significant development in the semiconductor sector and manufacturing industry, which has propelled significant growth in the market in the forecast period. Moreover, the presence of established players in the field of automotive, consumer electronics, et al, such as; Keysight Technologies, Synopsys, Ansys Inc., and Xilinx, among others are expected to drive the market expansion in the forecast period.

Players in the region are making efforts to accelerate their digital transformation, which will augment the market growth in the coming years. For instance, in November 2020, EMA design automation expanded its operations in North America by adding the Trilogic EDA engineering sales and support team to offer advanced technologies and aid the EDA industry expansion in the U.S

The United States is a lucrative country in terms of manufacturing, designing, and research in the semiconductor sector. Expanding end-user sectors such as; consumer electronics, and automotive will assist in market growth. As per Semiconductor Industry Association (SIA), the semiconductor industry employs approximately a quarter of a million workers in the United States.

What are the Prospects of Market Growth in the Asia-Pacific?

A strong foothold of the Semiconductor Industry in Emerging Countries to Benefit the Region, China to take Lead

APAC is anticipated to be the most lucrative region in the global electronic design automation market during the forecast period. The regional growth can be attributed to a strong foothold of the semiconductor sector in developing countries such as; China, Japan, and South Korea. According to Fact.MR’s analysis, the market in China is expected to garner US$ 2.1 Billion, while recording a CAGR of 7.1% from 2022-2032. Japan is estimated at US$ 1.8 Billion, exhibiting a 6.5% growth rate during the forecast period. And, South Korea is likely to garner US$ 1.1 Billion and a 6.1% CAGR in the assessment period.

Presence of established semiconductor sector players in China such as; HiSilicon (China), Semiconductor Manufacturing International Corporation (China), and others are projected to spike the market expansion in the forecast period and strengthen the industry. China is likely to lead the region owing to the growing US-China tensions and supportive government subsidies. As per SIA, China’s semiconductor industry recorded an annual growth of 30.6% to procure US$ 39.8 Billion in 2020, against USD 13 Billion and a 3.8% growth rate, five years ago.

In August 2020, the Government of China announced various policies and rules to promote the semiconductor sector. In August 2020, China’s State Council announced various policies to boost the development of the IC industry and Software industry. China’s new rules encourage the US and foreign semiconductor players to transfer IP, and R&D operations in China, thus, propelling the market in China.

Category-Wise Insights

Based on Product Category, Which Segment is Likely to Lead the Market?

IC Physical Design & Verification Segment to Dominate the Market

As per the analysis, based on product category, the IC physical design & verification segment is likely to dominate the market during the forecast period. The segment is likely to garner a 7.3% CAGR from 2022-2032.

The complexity of Semiconductor verification and manufacturing requirements is increasing on a continuous basis, which makes it a complex task for IC design companies to offer cutting-edge and efficient products. In order to meet the demand and achieve certain goals, players demand electronic design automation solutions that can give trustworthy results and aid in achieving their objectives.

By Deployment mode, Which Segment is anticipated to dominate the Market?

Cloud-based Segment to Secure Forefront Position

According to the analysis, the deployment segment is expected to be dominated by the Cloud-based category. The segment is estimated at 6.9% CAGR during the forecast period.

Cloud-based solutions are expected to offer efficient results in high-sped operations processes, lessen costs associated with the production of semiconductor chips, and fasten developments and innovation while reducing operational costs. Such factors are attributed to augmenting the segmental growth during the forecast period.

Competitive Landscape

Players in the electronic design automation market are undertaking various technologically advanced solutions to offer efficient solutions to their customers. As the competition increases in the market, vendors of the industry are taking various efforts to strategically collaborate with players around the globe. Some recent updates about the industry are as follows:

In July 2021, Zuken Inc. launched CR-8000 2021. It is a developed version of CR-8000 that principally focuses on early design analysis and reuse functionality.
In April 2021, ANSYS, Inc. announced a strategic collaboration with Advanced Micro Devices, Inc. The collaboration will assist engineering teams across the industries to enhance unique and innovative product design by developing modeling run times. The 3rd Gen AMD EPYC 7003 Series processors increase Ansys simulations’ run time by 2x.

Key Segments Covered in the Global Electronic Design Automation Market Study

Electronic Design Automation Market by Product
- Electronic Design Automation for Computer-aided Engineering
- Electronic Design Automation for IC Physical Design & Verification
- Electronic Design Automation for PCB & MCM
- Electronic Design Automation for Semiconductor IP
- Electronic Design Automation for Services
Electronic Design Automation by Deployment Mode
- Electronic Design Automation by Cloud-based
- Electronic Design Automation by On-Premises
Electronic Design Automation by Application
- Electronic Design Automation for Microprocessors & Microcontrollers
- Electronic Design Automation for Memory Management Units
- Others (Interfaces, FPGAs, ADCs, DACs, and Mixed ICs)
Electronic Design Automation by End User
- Electronic Design Automation for Automotive Industry
- Electronic Design Automation for Healthcare Industry
- Electronic Design Automation for Aerospace & Defense Industry
- Electronic Design Automation for Telecom and Data Centre Industry
- Electronic Design Automation for Consumer Electronics Industry
- Electronic Design Automation for Industrial Sector
- Others (Banking, Financial Services, and Insurance (BFSI), Commercial Sectors, and Textile Industry)
Electronic Design Automation by Region
- North America Electronic Design Automation Market
- Europe Electronic Design Automation Market
- Asia-Pacific Electronic Design Automation Market
- Middle East & Africa Electronic Design Automation Market
- Latin America Electronic Design Automation Market

10 Tips & Tricks For Node.js Development

Chris Mcdonald — Fri, 04 Mar 2022 09:41:39 +0000

JavaScript has revolutionized the entire web development vertical by enabling next-level scaling and portability for most of the activity.

Developers no longer have to engage themselves in writing tedious and boring code snippets and programs. They can implement their skills into developing logic and overcoming loopholes in web development while JavaScript frameworks handle all the manual work.

These new-age programming frameworks will take care of everything that does not involve any critical thinking or creative work. Hire dedicated Node JS Developers and see wonders happening for you right away.

Just like all the other programming languages, JavaScript frameworks also have some things that developers should cover to ensure product development activity.

In this blog post, we are going to discuss tips and tricks that Node.js.Developers must keep in mind while working with Node.js.

So, let's begin.

Use Nodemon

Node.js developers would agree that we have to do the tedious activity of running Node.js app every time we change something in the source code because we need to test the changes to ensure everything works as intended. So, we save the source code and run the app to check whether the system behaves correctly.

This activity of having to run code every time makes the process redundant and time-consuming. That’s why tools like Nodemon come handy.

This tool helps you develop Node.js applications by automatically restarting them whenever the tool detects any file changes in the directory. You do not require any extra weeks in your source code and method. It also does not require any command from the external output to execute the code.

Now, Node.js developers no longer have to run the app themselves. It will save a lot of time for developers by automatically restarting the application as soon as some changes happen in the app.

Use Built-in Debugger

Debugging the application is one of the most critical aspects of the programming journey. When a programmer writes any code, he or she debugs before deploying the system to the application.

Therefore, debugging is one of the essential activities of programming. It allows you to identify errors and loopholes in the application.

Compared to debugging procedures of other programming languages like Java, C++ or C#, Node.js’ process can be overwhelming for developers if they are not acquainted with the platform.

There are several third-party debuggers that you can try and use to debug your code. But I’d recommend using the default tool. Node.js also comes with a built-in debugger that you can use to debug your code. You simply need to run the debugger by calling it through the command-line-interface.

If you go with third-party tools for debugging, you might have to be dependent on third-party dependencies to debug your Node.js code. You also have to install any package or GitHub repository for debugging your code.

The built-in debugger of Node.js code does not require any of these things as it comes out-of-the-box with Node.js and it is sufficient enough to execute all the necessary tasks on its own.

Use NPM Scripts

NPM scripts help you to start, develop, test, and deploy your Node.js application. Whenever developers come across a new node project, NPM scripts is the first thing they check.

In a nutshell, every Node.js developer has to work with NPM scripts, and that makes them a standard tool to leverage the JavaScript framework to utilize it to its fullest potential.

The reason why everybody loves using NPM scripts is that it enables automation. You just need to deploy NPM scripts, and it will handle specific steps on its own.

Supposedly you want to execute two or more processes to rebuild your code, you can effortlessly achieve this with the help of NPM script. You no need to write the code every single time.

Similarly, find out the necessary steps that your Node.js app has to execute and make the NPM script to automate those steps.

Run Records in Parallel

When you are working on a web application, you will have several processes and functions that have to be executed efficiently to provide a unified output to end-users.

Sometimes, among several procedures, both of them also have to be completed to execute subsequent processes as out of the previous ones would be inputs of the latter.

In such cases, if your processes execute linearly, the user experience would be at a halt. That's why the asynchronous nature of Node.js is a game-changer.

You could go ahead and execute these procedures and execute them in parallel. Node.js supports asynchronous JavaScript nature and therefore can efficiently run multiple functions at the same time.

This particular method will not only cut down the number of middleware but also improve the speed of the whole process significantly.

Avoid Sharing Too Many data in The Session

Whenever someone logs in to your application, the app notes sessions that have several data of the user. Usually, developers also parse the entire object in the session, which would then have so much data about the user's activity.

Please note that if the session's size is vast, the application will become slower while running. Heavy session impacts the loading of the server because the data inside a session is stored in the memory of the server.

You either have to reduce the number of information stored in a session or switch to some other type of storage facility.

For example, instead of using the entire object in the session whenever the user logs into your application, just pass the user id if possible.

This will save a lot of time and server speed into processing the entire task. Moreover, the whole user experience would also be improved at the front end.

Understand and Use Functional Inheritance

JavaScript enables a dynamic inheritance style which allows the objects to inherit characteristics from other objects.

This is the nature of a JavaScript program that you can leverage the power of a particular object by forwarding their characteristics to other objects.

It will allow you to simplify so many things in your Node.js application.

The functional inheritance might seem overwhelming to beginners, but once you get acquainted with it, your application would perform at a much more productive rate.

Secure Your Node.js Project

Web applications have always been the number one target of hackers and malicious entities to enter into the system of the organizations and jeopardize everything.

Especially when it comes to web applications, any potential threat might result in a complete shutdown of the app and organization.

The security breach also impacts the user experience and also destroys the reputation of developers and organizations involved.

To avoid any such scenario, make sure that you are keeping a security checklist.

Install SSL certificates for applications and enable several SSL headers.

One of the essential headers is X-XSS-Protection that enables cross-site scripting filters built into new-age web browsers.

There are also many packages available that can help you cope with session management, brute force attack, authentication, data validation, and doesn't compromise the user experience of the app at all.

Handle node_module Folder Carefully

The wrong usage node_module folder might crash your entire application.

If you ever come across that folder, make sure you never open and access the content inside it.

Now, if another developer checks your source and at the same time runs NPM install and downloads all the modules, everything looks fine at the surface level.

Now, what is the other person who is checking out the source code is on a different operating system, now the module will be compiled even though it’s installed via NPM. In this scenario, the application will crash.

Leverage Microservices

When you are working with large-scale projects, the Node.js application has to be developed as efficiently as possible. Otherwise, the app would go into deadlock.

You have to provide services as efficiently as possible to make the large-scale applications work cohesively and provide unified output to the end-user.

Else, you can use microservices.

Explore Docker, which is a software write for us technology giving container that wraps a piece of software in a complete dedicated file system and has everything to run the code. It also has a runtime, system tools, and system libraries that you can leverage to run your Node.js code.

Kubernetes is an open-source system for automating deployment, scaling, and management of containerized applications.

Please ensure that you understand microservices’ nature to leverage them for your application.

Use NodeFly

Monitoring the performance of an application might be challenging yet crucial for a developer because these evaluations help you with future upgrades of your app.

The evaluation of the performance of the application can help you understand how the code is performing and whether it is delivering the intended results to end-users.

By studying the performance, you can also anticipate the user experience of your application in the real-time scenario and determine the changes you need to make.

NodeFly can help you with real-time monitoring of your Node.js application.

It allows the developers to gain detailed and transparent performance evaluations quickly and accurately.

Conclusion

I hope you found this article helpful and get a lot of new tips and tricks for Node.js development. If you have got something to add to these tips, you are welcome in the comments below. Either way, let me know what your thoughts are about the blog.