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Global Cloud Chain Supply Chain Management (SCM) Market Size, Scope, Growth, Competitive Analysis – Oracle Corporation, SAP SE, JDA Software Group, Inc., Infor, Inc., Manhattan Associates, Inc.

The global cloud supply chain management market is anticipated to grow at a 21% CAGR during the forecast period 2021-2027 and is predicted to reach USD 17.3 billion by 2027. Factors attributing to the growth of the cloud SCM market include the adoption of cloud-based business operations which has digitalized the supply chain industry and promoted improved responsiveness to supply chain disruptions. Furthermore, extensive usage of cloud SCM in the transportation industry, escalating demand for B2B management solutions, improved business continuity and eliminate potential failures. Furthermore, less capital investment and optimizing the cost of enterprises will accelerate the growth of the cloud SCM market.

The COVID-19 pandemic has caused worldwide economic turbulence owing to severe lockdown measures. It has also led to shutting down of several public entities, resulting in the decline in the growth of the cloud supply chain management market.

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Demand planning & forecasting, inventory & warehouse management, product life-cycle management, logistics management, sales & operations planning, order management, transportation management, procurement & sourcing, and product master data management are the different types of cloud SCM solutions. The market for demand planning and forecasting solutions is expected to grow at the fastest rate throughout the forecast period. Almost every firm in this technological age is reliant on the internet, which is a major driver of the growing market for cloud SCM demand planning and forecasting solutions. The growing number of internet-dependent businesses is driving up demand for cloud SCM demand planning and forecasting solutions, which let businesses connect and integrate their activities across networks. These enable a business's personnel to work more closely together and respond more quickly to shifting market trends and client demands. Demand planning and forecasting are also a good ways to ensure a positive experience for everyone involved in the value chain.

The selection of GS1 standards meant to increase the safety, efficiency, and visibility of supply chains across physical and digital channels in 25 sectors in the United States may result in the significant market growth in North America.

Leading healthcare distributors and suppliers in the region are working with technology providers to improve their supply chain agility by deploying cloud services for faster responses, shorter lead times, and better service at lower total costs.

In November 2021, Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) customers may now use a new cloud analytics service from Oracle to detect, understand, and fix issues faster throughout the supply chain. Oracle Fusion SCM Analytics, which is based on Oracle Analytics Cloud and Oracle Autonomous Data Warehouse, provides pre-built metrics and dashboards that are ready to use right away, as well as machine learning to assist business and supply chain leaders in controlling costs, reducing risks, ensuring customer satisfaction, and driving revenue.

The prominent players in the cloud SCM industry include Oracle Corporation, SAP SE, JDA Software Group, Inc., Infor, Inc., Manhattan Associates, Inc., Descartes Systems Group, Inc., Kewill, Inc., TECSYS, Inc., Kinaxis, Inc. and Logility, Inc.

Source: VynZ Research

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Global Conversational AI market Demand and Growth Analysis & Forecast Report 2021-2027 |Nuance Communications Inc., Haptik Inc., Oracle Corporation, Google LLC, Microsoft Corporation

The global conversational AI market is anticipated to grow at a 30.2% CAGR during the projected period 2021-2027 and is expected to reach USD 17.2 billion by 2027. Rising demand for AI-powered customer support services, omnichannel implementation, and lower chatbot development costs are all contributing to the growth of the conversational AI industry. Also, the increased demand for AI-based virtual assistants and chatbots so as to stay connected and informed amidst COVID-19 and increased emphasis on customer engagement will drive the growth of the market. However, in the conversational AI sector, the lack of accuracy in chatbots and virtual assistants, as well as maintaining business continuity during the COVID-19 pandemic, will be a concern.

Conversational AI is severely impacted by the COVID-19 outbreak as their customer service business was hindered were hindered during the crisis. However, the market is anticipated to bounce back as businesses are adopting strategic approaches to continue their operations and bring flexibility and scalability to their operations.

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Based on component, the global conversational AI market is bifurcated into Platform and service. The service is further divided into support and maintenance, training and consulting, and system integration. The service segment contributes to the largest share as to the need to determine the cost required in installing the solution.

Based on deployment, The cloud segment contributes to the largest share owing to the advantages offered like the ease in deployment, minimum capital requirement. Furthermore, it has aided during the COVID-19 crisis as companies have adopted cloud-based platforms to manage remotely.

North America dominates the conversational AI market owing to the increased demand to improve consumer support service so as to retain consumers and increase the number of players in the region.

In April 2021, Microsoft Corp. and Nuance Communications, Inc. announced that they have reached a formal agreement under which Microsoft would buy Nuance for $56.00 per share, a 23 percent premium to Nuance's closing price on Friday, April 9, in an all-cash deal worth $19.7 billion, including Nuance's net debt. Nuance is a trusted cloud and AI software company representing decades of collected healthcare and enterprise AI experience.

The prominent players in the global conversational AI industry include Nuance Communications Inc., Haptik Inc., Oracle Corporation, Google LLC, Microsoft Corporation, Artificial Solutions International AB, International Business Machines Corporation, SAP SE, Inbenta Technologies Inc., Solvvy Inc., Creative Virtual Ltd., Baidu Inc., Conversica Inc., Amazon.com Inc., Avaamo Inc., and Kore.ai Inc.

Source: VynZ Research

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Global Image Sensors Market Size, Scope, Growth, Competitive Analysis & Forecast 2021-2027 – Panasonic Corporation, Canon Inc ., Sony Corporation, STMicroelectronics N.V., ON Semiconductor Corporation

The global image sensor market is anticipated to grow at a 10.5% CAGR during the forecast period 2021-2027 owing to the rising adoption of high-resolution cameras in mobile devices, increased usage of image cameras for automotive applications, the surge in adoption of image sensors to enhance medical imaging solutions will drive the growth of the image sensor market. Furthermore, the increased expenditure on security and surveillance in public places and increased adoption f technologies to enhance anti-terror equipment and mitigate security lapses will further propel the growth of the image sensor market. The COVID-19 pandemic had an impact on the growth of the image sensor market owing to a decrease in the sale of smartphones globally.

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Based on technology, the global image sensor market is segmented into charge-coupled devices, complementary metal-oxide-semiconductor, and others. CMOS technology has gained significant traction as it offers fast shutter speed and provides high-quality imagery. High-speed images have long been utilized by government agencies and military forces to increase ballistic weapon understanding and performance while also learning more about impact physics. Furthermore, consumer applications of high-speed image technology come from the field of automobile casualty testing, which drives increased demand for CMOS sensors. As a result, a number of large and developing technology companies have made investments. With CMOS image sensors, robots and security cameras can boost their image-based inspection.

APAC is anticipated to have a high CAGR during the forecast period owing to the presence of major smartphone manufacturers like SAMSUNG, Sony Corporation, Xiaomi Corporation, etc. The growth in the population increased concerns about safety, and increased penetration of smartphones will further propel the growth of image sensors in the region.

In December 2021, Sony Semiconductor Solutions Corporation ("Sony") has developed the world's first*1, 2-Layer Transistor Pixel stacked CMOS image sensor technology. Unlike traditional CMOS image sensors, which have photodiodes and pixel transistors on the same substrate, Sony's innovative technology has photodiodes and pixel transistors on separate substrate layers. In comparison to conventional image sensors, this innovative architecture nearly doubles*2 saturation signal level*3 widens dynamic range, and decreases noise, resulting in significantly improved imaging qualities. The pixel structure of the new technology will allow pixels to preserve or increase their existing qualities at both current and reduced pixel sizes.

The prominent players in the global image sensors industry include Panasonic Corporation, Canon Inc ., Sony Corporation, STMicroelectronics N.V., ON Semiconductor Corporation, Samsung Electronics Co. Ltd., OmniVision Technologies Inc., Toshiba Corporation, SK Hynix Inc., and Hamamatsu Photonics K.K.

Source: VynZ Research

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Global Blockchain In Retail Market: Structural Growth Drivers Behind Developing Market by IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Deloitte Touche Tohmatsu Limited

The global blockchain in retail market is anticipated to grow at a 96.4% CAGR during the projected period 2021-2027and is expected to reach USD 4,924.3 million by 2027. Customer services such as record-time service, real-time information, on-time delivery information, and traceability are all available with blockchain in retail applications. Also, blockchain technology provides authenticity, product safety, quality, and reliability, with its supply chain providers so as to know the exact location of the product. Furthermore, fast mode of transactions, improved transactions owing to transparency-based solutions in the logistics industry will propel the growth of blockchain in retail market.

The COVID-19 pandemic has led to disruption in the economy and social stress globally. Owing to the closure of manufacturing facilities and production units globally, the unemployment rate has increased. This has resulted in decreased spending for blockchain in retail solutions. The COVID-19 pandemic has had little impact on the retail sector. The industries globally are using distributed ledger technology and smart contracts so as to provide transparency and secure supply chain records.

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Based on application, the global blockchain in retail market is segregated into compliance management, smart contracts, loyalty and rewards management, identity management, payments, supply chain management, and others. The supply chain management contributes to the largest share in the market owing to increased adoption to allow data sharing across the organizations and an increased number of security concerns. Supply chain management solutions are adopted to organize, acquire, and use customer data to understand consumers.

North America dominates the market owing to significant investment in blockchain for retail services and technology, technological development like smart payment, contracts, etc. Furthermore, North America is the early adopter of technology in retail sector.

In July 2021, Oracle Financial Services Software Ltd, a division of Oracle Corp, has partnered with Everest, a financial technology company, to introduce blockchain to banks around the world to improve their product offerings. Oracle Financial's software is used in retail, corporate, and insurance banking. Everest, whose blockchain technology offers a wide range of financial services, said it recently collaborated on the Central Bank of Samoa's regulatory compliance platform with the Asian Development Bank.

The prominent players for the blockchain in the retail industry include IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Deloitte Touche Tohmatsu Limited, Oracle Corporation, Infosys Limited, Accenture plc, Intel Corporation, BigchainDB Gmbh, Ethereum Foundation, Earthport PLC, Factom, BTL Group Ltd., Humaniq, Tierion, BlockCypher Inc., AlphaPoint, and Bitfury Group Limited.

Source: VynZ Research

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Global Enterprise Asset Management (EAM) System Market 2021; Top Industry Player, Demand, Revenue, Statistics, Business Growth Forecast 2027

The global Enterprise Asset Management (EAM) market is anticipated to grow at a 13.8% CAGR during the forecast period 2021-2027 and is expected to reach USD 9.8 billion by 2027. Factors attributing to the growth of the EAM market include shifting trends towards modern asset management by enterprises, increased adoption of IoT platforms and devices in managing enterprise assets, the convergence of technologies like AI, analytics, and IoT, exclusion of overheads occurring due to adherence of compliance, rising mobility usage among end-users.

The COVID-19 outbreak has had a positive impact on the enterprise asset management market as businesses are choosing cloud-based EAM solutions in managing assets and it remotely execute day to day operations. Business organizations are choosing work from the home model so as to protect their employees and maintain operational efficiency, leading to an upsurge in the demand for cloud-based solutions. Thus, EAM solutions will grow significantly as many enterprises are making developments in IT infrastructure.

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Based on component, the solutions segment dominate the market owing to the rising inclination of companies to control cost, maintenance, and procurement expenses, rising demand for better-informed capital investment decisions, and surging demand to innovate technologies like AI and machine learning to predict and prevent system errors.

APAC is anticipated to be the fastest-growing region owing to technology development, increased demand for digitalization by government and large enterprises. Furthermore, the increased adoption of cloud technologies and the rising amount of data will lead to the complexity to manage workloads and applications manually, thereby propelling the growth in the region.  

In January 2021, Atos and IBM announced the expansion of a strategic global alliance to assist businesses to accelerate their digital transformation and improving business operations. The expanded partnership will concentrate on the creation of joint offerings based on Atos' vertically decarbonized solution and service delivery assets, which are powered by IBM. End-users can benefit from asset life cycle management, asset monitoring, and MRO optimization, SMART waste/energy monitoring and optimization, and packaging, transportation, and logistics optimization solutions provided by the collaboration.

The prominent players in the enterprise asset management industry include Industrial and Financial Systems (IFS) AB, Infor Inc., MRI Software LLC, Schneider Electric SE,  International Business Machines (IBM) Corporation, Ramco Systems Limited, Bentley Systems Incorporated, Rockwell Automation Inc., SAP SE, ABB Ltd., CGI Group Inc., and AssetWorks LLC.

Source: VynZ Research

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Global Artificial Intelligence (AI) in Retail Market to Reach USD 6.4 Billion by the Year 2027| Key Players: Oracle Corporation, Infosys Limited, Intel Corporation, Amazon Web Services Inc.

The global AI in retail market is anticipated to grow at a 36.5% CAGR during the forecast period 2021-2027 and is expected to reach USD 6.4 billion by 2027. Factors attributing to the growth of AI in retail market include mounting necessity for superior surveillance and monitoring at a physical store, increased awareness and application of AI and big data & analytics in retail industry, enhanced productivity, improved customer experience, providing inventory accuracy, and optimize the supply chain. Furthermore, increased penetration of internet users and smart devices, initiatives by the government towards digitalization, usage of omnichannel retailing strategy, demand for streamlining business processes will further proliferate the growth of the AI in retail market.

The COVID-19 pandemic has highlighted the importance of online shopping channels as consumers are choosing online platforms for their buying needs. Thus, giving retailers and consumers an opportunity to adopt sustainability initiatives to have a digital presence, thereby e-commerce platforms and online marketplaces are the trends that are prevalent in the market.

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Based on offering, the global AI in retail market is bifurcated into solutions and services. The solution segment is further divided into the chatbot, recommendation engine, price optimization, visual search, SCM, and others. The solution category contributes to the largest share in the market. The increasing challenges to managing retail operations will propel the novel and innovative automated solutions in the industry. The AI-based retail solution will aid retailers to manage logistics, supply chain operations, warehouse management, and enhanced customer experience.

North America contributes to the largest share in the market as they are early adopters of AI technology and have massive technology investment in AI. Furthermore, retailers are using AI-based solutions for the optimization of supply chain management and inventory.

In October 2021, Accenture has agreed to buy BRIDGEi2i, an artificial intelligence (AI) and analytics company based in Bengaluru, India, with additional offices in the United States and Australia. Accenture's Applied Intelligence group will gain around 800 highly talented employees as a result of the acquisition, bolstering, and expanding up its worldwide capabilities in data science, machine learning, and AI-powered insights.

The prominent players for the AI in the retail industry include Oracle Corporation, Infosys Limited, Intel Corporation, Amazon Web Services Inc., ViSenze Pte. Ltd., Microsoft Corporation, Google LLC, Evolv Technologies Inc., Numenta Inc., SAP SE, Accenture PLC, Salesforce.com Inc., and IBM Corporation.

Source: VynZ Research

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Global Video Streaming Market Size, Development Trend, Demand in Industry Growth Drivers and Challenges 2021-2027|Akamai Technologies, Adobe Systems Incorporated, Amazon Web Services, Netflix

The global video streaming market is anticipated to grow at a 19.5% CAGR during the forecast period and is expected to reach USD 697.2 billion by 2027. Broadcasters utilize video streaming software to improve the streaming experience in one way or another. Factors attributing to the growth of the global video streaming market include rising penetration of mobile devices and internet users, increased demand for VoD streaming, technological development in the digital media industry, and increased requirement of transcoding so as to deliver videos to maximum users. Nevertheless, the increased preference for online streaming services like Netflix, Amazon Prime, Hulu, etc. over traditional TV will create opportunities for growth in the market.

The COVID-19 pandemic has a positive influence on the video streaming market as stringent containment measures and health safety compliances have led to increased adoption of VoD and OTT subscriptions. This is due to the fact that most of the people are staying at home. Furthermore, the various office is shut down and people are working from home, further propelling the development of video streaming for business continuity plans like internal communication, training and development, and engaging a large audience globally. Furthermore, the rising development of 5G technology and its use by industry players to offer high quality will drive the growth of the video streaming market post-pandemic.

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Based on the solution, the global video streaming market is segmented into internet protocol television (IPTV), pay-TV, and over the top (OTT). The OTT segment contributes to the largest share in 2021 as it provides OTT-based solutions and delivers film and TV content via the internet without having to subscribe to traditional cable or pay-TV services. The enhanced automation of business processes and full availability of broadband infrastructure will further propel the growth in the OTT segment. The rising trends in OTT like hybrid monetization models, intensifying demand for digital original content, and content fragmentation owing to the severe competition will proliferate the growth of OTT streaming solutions.

North America contributes to the largest share in the video streaming market owing to robust growth in cloud-based streaming services. Asia-Pacific is anticipated to have a high CAGR due to increased adoption of mobile phones and tablets, robust technological development, and prominence of online streaming.

In July 2021, Netflix Inc. is considering an expansion into video games, marking the company's first major foray beyond TV episodes and films, and has hired a former executive from Electronic Arts Inc. and Facebook Inc. to manage the endeavor.

The prominent players in the video streaming industry include Akamai Technologies, Adobe Systems Incorporated, Amazon Web Services, Netflix, Inc., Ustream, Cisco Systems, Inc., Apple, Inc., Google Inc., Microsoft Corporation, and Hulu.

Source: VynZ Research

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Global Blockchain Technology Market to Reach $44.0 Billion by 2027| Industry Players: IBM Corporation, Ripple, Amazon Web Services, Inc., Microsoft Corporation, Abra, Chain Inc., BigchainDB Gmbh

The global blockchain market is anticipated to grow at an 80.5% CAGR during the forecast period 2021-2027 and is expected to reach USD 44 billion by 2027. Factors attributing to the growth of the blockchain market include extensive adoption of blockchain solutions in banking and cybersecurity, increased use of blockchain solutions for payment, smart contracts, and digital identities, expansion of cryptocurrency market, increased adoption of BaaS, and increased government initiatives to develop and adopt blockchain technology. Nevertheless, rising venture capital funding and investment in blockchain technology and increased adoption of contactless blockchain digital ticketing at various events will create opportunities for growth in the blockchain market.

The COVID-19 outbreak has led to the growth in global blockchain technology as it has played a crucial role to develop a platform to manage the COVID-19 crisis. To track the COVID-19 vaccination, several hospitals are using blockchain technology. Furthermore, online business has increased tremendously during the COVID-19 crisis. BFSI, manufacturing, retail, healthcare and life sciences, transport and logistics are using the internet to provide necessary services to consumers. There is extensive use of mobile devices and internet penetration globally, resulting in an inclination towards the adoption of blockchain technology. Thus, the shift in trends and distributed IT environment have made businesses susceptible to privacy concerns that result in rising demand for blockchain solutions.

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On the basis of application, the global blockchain market is segregated into payments, documentation, smart contracts, exchanges, governance, supply chain management, risk and compliance management, digital identity, and others. The digital identity is anticipated to have a high CAGR during the forecast period 2021-2027 as companies providing digital identity are forming partnerships with blockchain technology providers, thus driving the segment growth. Furthermore, it helps to reduce the identity frauds and cyber-attacks occurring globally.

North America dominates the blockchain market owing to the increased adoption of technology by various business organizations. Also, industries like BFSI, government, and retail sector are accepting payment and wallet solutions, smart contracts, and digital identity detection solutions via blockchain technologies. The increased adoption of cryptocurrency among people of North America, the presence of several vendors that offers security will drive the growth of the blockchain market in the region.

In March 2021, the global availability of Ethereum on Amazon Managed Blockchain has been announced by Amazon Web Services (AWS). Ethereum is a well-known decentralized blockchain platform that creates a peer-to-peer network and allows users to transact without the need for a trusted central authority. Decentralized finance (DeFi), a network of financial applications built on top of blockchain networks, is one of the most prominent use cases.

The prominent players in the blockchain industry include IBM Corporation, Tierion, BlockCypher Inc., Ripple, Amazon Web Services, Inc., Microsoft Corporation, Abra, Chain Inc., BigchainDB Gmbh, AlphaPoint, Ethereum Foundation, Earthport PLC, Factom, BTL Group Ltd., Humaniq, and Bitfury Group Limited.

Source: VynZ Research

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Global 3D Mapping and Modeling Market Report 2021 Research by Manufacturers Analysis, Leading Countries, Growth Forecast to 2027

The global 3D mapping and modelling market is anticipated to grow at an 18.5% CAGR during 2021-2027 and will reach USD 616.35 billion by 2027. Factors attributed to the growth of the 3D mapping and modeling market include understanding the errors and gaps in the projects before any construction, which will reduce time and money by adopting 3D mapping and modeling techniques. Moreover, the innovative 3D-enabled display devices to navigate, technological development in 3D scanners, 3D sensors, and increased availability of 3D content will proliferate the growth of the 3D mapping and modeling market. Furthermore, the increased adoption in developing economies, and mounting application in the healthcare sector to understand the human body will propel the growth of the 3D mapping and modeling market. Also, mobile gadgets like smartphones, notebooks, tablets are equipped with 3D mapping and modeling technology.  Nevertheless, the advent of artificial intelligence and machine learning technologies will enhance 3D accuracy, thereby creating opportunities for growth in the market.

The organizations are choosing 3D mapping and modeling software technologies to manage enormous geographic data and meet client expectations. eCommerce, logistics, online learning, food delivery, and online business collaboration are all seeing significant growth, which is putting pressure on their customer-facing and internal applications. Businesses are under pressure to speed up and scale out their applications, and one of the quickest ways to do so is to use 3D mapping and modeling software. During the COVID-19 crisis, the 3D mapping and modeling market is seeing an increase in clients wanting 3D mapping and modeling software products and services.

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Based on application, the projection and navigation market is anticipated to have a high CAGR as it is a rapidly developing technology that converts 3D points to a 2D plane and offers animation to static objects and structures.

APAC is anticipated to have the highest growth rate in the 3D mapping and modeling market during the forecast period 2021-2027 owing to the rising need for 3D imaging sensors, 3D modeling, and 3D visualization and offering software tools in various end-use verticals like healthcare and life sciences, construction, manufacturing, and media and entertainment.

In May 2021, Golden Software, a provider of low-cost 2D and 3D scientific modeling software, has updated its Surfer gridding, contouring, and surface mapping software with new and improved 3D features. Surfer users will find it easier to explore, display, and analyze complicated 3D data with the new capabilities, as well as capabilities in Beta development.

The prominent players in the 3D mapping and modeling industry include Autodesk, Ivl5, Golden Software, DeepMap, Civil Maps, Trimble, Bentley Systems, Intermap Technologies, Alphabet, Saab AB, Airbus, Esri, Dassault Systèmes, Adobe, Apple, WRLD, GeoDigital, Mapbox, Hivemapper, and Shapr3D.

Source: VynZ Research

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Global Service Robotics Market Global Industry Research Analysis & Forecast 2021 to 2027 |YUZIN ROBOT Co., Ltd., IRobot Corporation, Honda Motor Company, Ltd., Samsung Electronics Co., Ltd.

The global service robotics market is anticipated to grow at a 24.7% CAGR during 2021-2027 and is expected to reach USD 125 billion by 2027. Factors attributing to the growth of the global service robotics market include increased adoption of robots in various applications that will provide high returns on investments and increased funds for R&D activities on robots. There is a need to use robots for the purpose of infection and sanitation in hospitals, resulting in the growth of the service robotics market. Furthermore, service robots are used for personal/household purposes such as vacuum and floor cleaning, elderly assistance, and entertainment. It is widely accepted among several professional and personal applications due to the advantages offered like improved useability, delivery of precise and high-quality services, reliability, and decreased operational costs and human errors. Nevertheless, technological development regarding cognition, interaction, and manipulation will make service robotics more appealing.

Th COVID-19 pandemic has propelled the adoption of service robots to perform tasks which includes contactless delivery operations, disinfection, delivering medication and food, and assisting border controls, resulting in the growth of the service robotics market globally.

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Based on type, the global service robotics market is bifurcated into personal service robots and professional service robots. Professional service robots are anticipated to have a significant share as it is widely adopted in defense and security, medical assistance, public assistance, electrical industry, and construction purposes. Exoskeletons robots are adopted in public relations and help in assisting customers to find an item or complete a task. These robots are employed in the retail sector to help customers around a store and can be adopted in the hospitality industry, banks, shopping malls, family entertainment centers, etc.

 The Asia Pacific is anticipated to have significant growth during the forecast period 2021-2027 owing to the increasing geriatric population in countries like China and Japan that drives the growth of the medical technology industry and creates a huge market for service robotics market in the region.

In January 2022, LG CLOi ServeBot will be available in the United States in early 2022, according to LG Business Solutions USA. The world's first commercial service robot, the Model LDLIM21, has received UL 3300 certification for safe operation in complicated commercial contexts such as restaurants, retail stores, and hotels. For the first time, American workers will be able to use robot helpers to safely navigate congested areas while carrying up to 66 pounds of food or supplies, reducing employee burdens, improving customer service, and increasing operational efficiency.

The prominent players in the service robotics industry include YUZIN ROBOT Co., Ltd., IRobot Corporation, Honda Motor Company, Ltd., Samsung Electronics Co., Ltd., Intuitive Surgical, Inc., SZ DJI Technology Co., Ltd., GeckoSystems Intl. Corp., Daifuku Co., Ltd., Neato Robotics, and LG Electronics Inc.

Source: VynZ Research

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Global Geospatial Analytics Market 2021-2027:  DigitalGlobe, Alteryx, Fugro N.V.

The global geospatial analytics market is anticipated to grow at a 13.8% CAGR during 2021-2027. Factors attributing to the growth of the geospatial analytics market include the rising number of AI and ML-based GIS solutions, advancement of smart cities and urbanization, development of big data analytics, and mounting deployment of IoT sensors across locations. The rising use of GPS devices, the growing trend towards integration and convergence of geospatial technologies, innovation of novel business models to leverage the demand for geospatial information will further accelerate the growth of the market.

The COVID-19 outbreak has provided significant opportunities for the geospatial analytics market owing to the rising use of smart wearable, robots, and drones. Moreover, the high-quality geospatial data allows models to handle the outbreak by providing information related to risk factors, setting specific characterization of disease transmission, and predicting pathogen and viral prevalence.

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Based on the vertical, the global geospatial analytics market can be divided into automotive, defense and intelligence, utility and communication, business, natural resources, government, and others. The defense and intelligence segment will have a significant share during 2021-2027 as military strategies are reliant on strategic intelligence. Geospatial information is a significant component of strategic alliance. Geospatial data helps in providing border security operations, provides information about situational awareness, rapid decision making, and enhances national security.

North America is anticipated to be the largest contributor to the geospatial analytics market owing to its wide adoption in applications like construction, agriculture, transportation, etc. There will be an increase in the demand for real-time information and location-based services that will increase the usage of mobile GIS technologies, resulting in a positive impact on the geospatial analytics market in the region.

Trimble has collaborated with Worldsensing who is an industry-leading manufacturer of geotechnical IoT monitoring systems to add a geotechnical portfolio to its geospatial automated monitoring portfolio. The collaboration aids survey, geotechnical and structural engineers to impeccably develop their monitoring business opportunities with a comprehensive solution that integrates geotechnical and geospatial data.

The prominent players in the geospatial analytics industry include DigitalGlobe, Alteryx, Fugro N.V., RMSI, Hexagon, SAP, Maxar Technologies, Trimble Navigation, MapLarge, Bentley Systems, Harris Corporation, ESRI, Pitney Bowes, General Electric Company, Oracle, and Google.

Source: VynZ Research

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Global Railway Management System Market Report , Analysis & Forecast 2021-2027 Featuring Leading Players Computer Sciences Corporation, Indra Sistemas, GE Transportation, Ansaldo STS, Alstom

The global railway management system market is expected to grow to USD 62.9 billion by 2027, registering an 8.8% CAGR during 2021-2027. The rising requirement for efficient rail operations, increased PPP model and initiatives by the government, rising population, and hyper urbanization, and mounting congestion owing to aging railway infrastructure have fuelled the growth of the railway management system market. The increased adoption of IoT and automation of technologies to improve optimization and provide efficient, reliable, and safe service is a vital aspect for the growth of the railway management system market.

The COVID-19 outbreak has a tremendous impact on the rail operations in 2020 as the operations of railways were halted and some countries have started operating railways but with fewer trains on tracks. Also, some countries are renovating rail infrastructure and constructing new tracks and freight corridors.

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On the basis of solution, the railway management system market is segregated into Rail Operations Management System, Rail Traffic Management System, Rail Asset Management System, Rail Control System, Rail Maintenance Management System, Passenger Information System, Rail Security, Freight Information System, Rail Analytics, and Rail Communication and Networking System. The rail traffic management system segment is projected to dominate the market during 2021-2027 as it enables centralized supervision and traffic control of the entire rail network. It provides real-time data over high-speed interface connections across trains and rail infrastructures to automate the traffic.

APAC is anticipated to have the fastest growth during the forecast period due to the increased adoption of novel technologies and huge investments for digital transformation. In addition, the increased GDP of the Asia-Pacific countries will contribute to the growth of the railway management system market.

In November 2021, Alstom has been retained by the Office for the Reordering of Transport (OPRET), the operator of Santo Domingo’s metro, and to maintain the power and catenary systems for the next 3 years for metro system lines 1 and 2

In December 2021, Alstom and Hitachi Rail have entered into a joint venture named Hitachi-Alstom High Speed (HAH-S) 50/50 to design, build, and maintain the next generation of very high-speed trains for HS2 Phase 1 which is a part of the £1.97 billion contracts and also includes initial 12-year train maintenance contract.

The prominent players in the railway management system industry include Computer Sciences Corporation, Indra Sistemas, GE Transportation, Ansaldo STS, Alstom, Hitachi Ltd., ABB Ltd., IBM Corporation, and Bombardier Inc.

Source: VynZ Research

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Global Geotechnical Instrumentation and Monitoring Market Emerging Trends, Business Opportunities, Segmentation, Production Values, Supply-Demand, Brand Shares And Forecast 2021-2027 | Fugro, Keller Group plc, Nova Ventures, GEOKON

The global geotechnical instrumentation and monitoring market is anticipated to grow at 9.7% CAGR during 2021-2027. Factors attributing to the growth of the geotechnical instrumentation and monitoring market include the surging investment in infrastructures globally, increased government support with rapid economic growth and urbanization, especially in developing economies, increasing oil & gas investments along with concerns regarding the failure of geotechnical facilities and safety and security of mining operations in mining companies will fuel the growth of the market. Nevertheless, a significant increase in public and private spending on infrastructure development worldwide is anticipated to bolster the growth of the geotechnical instrumentation and monitoring market.

The COVID-19 pandemic has had a negative impact on the geotechnical instrumentation and monitoring market owing to the shutdown of construction projects as a result of lockdown and restrictions. Moreover, production distribution and deployment delays and shortage of raw material have affected the geotechnical instrumentation and monitoring market.

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Based on end-user, the building & infrastructure contributes to the largest share owing to the rising demand for continuous monitoring of dams, bridges, tunnels, and buildings and an increasing number of infrastructure projects. The substantial increasing awareness about the techniques has led to the adoption of real-time monitoring and precise data.

Geographically, Asia-Pacific is anticipated to gain momentum in the geotechnical instrumentation and monitoring market owing to wide adoption in tunnels & bridges. The increasing need to modernize the prevailing infrastructure, robust industrialization, and increased deployment in construction, energy & power, oil & gas industry will fuel the growth in the region.

In March 2021, Fugro has finished a nearshore geotechnical investigation for Fehmarnbelt Tunnel which is the world’s longest immersed tunnel and connects Denmark and Germany via road and rail.

The prominent players in the geotechnical instrumentation and monitoring industry include Fugro, Keller Group plc, Nova Ventures, GEOKON, Geocomp Corporation, Deep Excavation LLC, Sisgeo S.r.l., James Fisher and Sons plc, Geotechnical Engineering Services, and RST Instruments Ltd.

Source: VynZ Research

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Global Electronic Design Automation Tools (EDA) Market (2021 to 2027) – Industry Trends, Share, Size, COVID-19 Impact, Growth, Opportunity and Forecasts

The global electronic design automation tools market is anticipated to grow at 9.48% CAGR during 2021-2027 owing to the rising demand for complex integrated circuits (ICs), technologically developed consumer electronics, increasing precision of semiconductor devices, rising adoption of FinFET architecture to design modern processors, increasing penetration of IoT, AI, and VR, and increased adoption of connected devices will fuel the growth in the region. The expansion of cloud computing platforms and the rising complexity of SoC designs will spur the growth of the EDA software market. The EDS tools are helping chip manufacturing companies to design and manufacture complex chips at less cost in a short span of time. Nevertheless, the industry verticals are rapidly using IC design and verification tools to perform the placement and routing of circuits automatically on an IC or ASIC, thereby boosting the market of the electronic design automation (EDA) tools.

The COVID-19 outbreak has had an adverse impact on the electronic design automation (EDA) tools market which has resulted in decreasing subscription of electronic design automation. However, the demand is anticipated to rise owing to the rising production volume of semiconductor chips.

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Based on product type, the global EDA tools market is divided into printed circuit board (PCB) and multi-chip module (MCM), computer-aided engineering (CAE), semiconductor intellectual property (SIP), IC physical design & verification, and services. The IC physical design & verification segment is anticipated to have a high CAGR during 2021-2027 owing to the rising complexity of IC designs and mounting demand to provide high accuracy and precision in semiconductor devices. Thus IC design & verification will automatically perform the placement and routing of circuits on an IC or ASIC.

North America dominates the electronic design automation tools market owing to the adoption in various industries like consumer electronics, automotive, etc., and the increased advancement in the semiconductor industry and circuit manufacturing industry. Moreover, the presence of industry players like Ansys, Inc., Cadence Design Systems Inc., etc and continuous investment to upgrade the offerings and expansion will fuel the growth of Electronic Design Automation Tools in the region.

August 2021, Cadence Design Systems, Inc. and Tower Semiconductor have partnered to launch a silicon-verified SP4 TRFSOI switch reference design flow via the Virtuoso Design Platform and RF solutions The flow determines the advantages of having a unified design environment for chip and package co-design.

The key players in the electronic design automation (EDA) tools industry: Synopsys, Cadence Design Systems Inc., Mentor Graphics, Zuken, EEsoF.

Source: VynZ Research

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Web Content Management Market Overview, Key Trends, COVID-19 Impact, Competitive Landscape till 2027

The global web content management industry is growing significantly due to the mounting demand for digital marketing platforms, mounting global media campaigns, upsurge in online retail businesses, multi-channel customer experience management, and shift of consumers towards video-based content across Over-The-Top (OTT) platforms, usage of AR and VR  to modify website content will fuel the market growth.

The COVID-19 outbreak has prompted companies to focus on more efficient content management and customer engagement that will substantially increase the demand for the web content management solutions market. Moreover, demand for online education has increased globally resulting in managing administrative tasks and content development from a central location, fueling the growth at a 19% CAGR in the global web content management market.

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Based on type, the service segment is anticipated to grow at a faster pace owing to the rising demand for integration, implementation, and consulting services. Implementing services focus on an organized, comprehensive approach from designing, testing that aids businesses to have optimal results from software and solutions.

North America dominates the web content management market owing to the rising technological development and presence of key industry players in the region.  In addition, the growth in IT spending, mounting internet penetration, early adopters of emerging technologies will support the growth in the region.

OpenText launched OpenText Core Content and OpenText Core Case Management which is a novel content services platform from the global leader in information management. These solutions are cloud offerings that are fast and easy to deploy and can be custom-made to address unique lines of business, departmental, and industry needs.

Key players in the web content management market are: Oracle Corporation, Microsoft Corporation, OpenText Corporation, Adobe Systems Incorporated, E-Spirit AG, Aquia, Inc., Sitecore Corporation A/S, SDL PLC, IBM Corporation, Rackspace Hosting Incorporation, Crownpeak Technology, and Episerver, Inc.

Source: VynZ Research

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Global Cloud Telephony Service Market Production Analysis and Geographical Market Performance Forecast 2021-2027 | Microsoft Corporation, Cisco Systems, Tele Logic,8×8, Inc., BroadSoft, Inc.

The global cloud telephony service market is expected to grow substantially i.e., at 13.25% CAGR owing to increased digitalization and adoption of cloud services to decrease the operational cost will drive the growth of the market. Moreover, telecom companies are shifting towards IP networks will create promising opportunities for growth in the cloud telephony service market. Furthermore, the mounting penetration of mobile devices, increasing penetration of electricity and internet services in emerging economies, increasing demand for SaaS tools will propel the growth of the cloud telephony service market.

The COVID-19 has a healthy impact on the cloud telephony service market as cloud telephony service providers has set up call centers with no investment and infrastructure to handle customer queries effectively.

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Based on deployment type, the cloud-based segment generates high revenue in the cloud telephony services market. The advantages offered by the cloud telephony service market include scalability, 24*7 availability, flexibility, auto-update feature, and large storage will increase the demand for cloud-based solutions.

North America dominates the cloud telephony services market owing to developed IT infrastructure to run enterprise applications and provide continuous service. The increasing demand for developed communication services will drive the growth of the cloud telephony service market in the region.

The operating vendors in the cloud telephony service industry include Microsoft Corporation, Cisco Systems, Tele Logic,8×8, Inc., BroadSoft, Inc., Exotel Techcom Pvt. Ltd., DIALPAD, Knowlarity Communications Pvt Ltd., Go 2 Market India Pvt. Ltd., and Mitel Networks Corporation.

Source: VynZ Research

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Global Risk Analytics Market Size, Analysis, Forecast 2021-2027 | Key Players – Fidelity National Information Services Inc., International Business Machines Corporation, Oracle Corporation

The global risk analytics market is growing at 14.9% CAGR and is attributed to factors such as compliance with strict industry regulations, growing complexities in business processes, increasing digitalization and BPA, and increasing data and security breaches will lead to growth in the market. Moreover, the increasing adoption of risk analytics in financial institutions and the development of IoT will propel market growth further. Nevertheless, the rising demand from emerging economies and integration of AI in risk analytics will provide promising opportunities for growth in the risk analytics market during the projected period.

The COVID-19 pandemic has affected the demand for risk analytics and lowered companies’ sales and revenue. However, risk analytics tracks the spread of the virus in real-time and are used by policymakers, government organizations to measure risk globally and predict the future. The industry players are offering new analytical solutions in the healthcare sector to fight against COVID-19.

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Based on vertical, the BFSI industry is anticipated to have high adoption of risk analytics solutions owing to the mounting demand to have a unified view of risk in organizations and the increasing need to decrease the risk in governance and compliance requirements. Thus, BFSI is following a holistic approach towards all hazards of the organizations.

North America dominates the risk analytics market as it is a well-established market having technological innovations and increased adoption of risk analytics solutions among various industry verticals. The healthcare infrastructure in the U.S. is anticipating a positive impact in the predictive analytics field. Moreover, the presence of key players like IBM Corporation, Oracle Corporation, Axiom SL will significantly contribute to the growth of the risk analytics market.

The prominent players in the risk analytics industry include Fidelity National Information Services Inc., International Business Machines Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Moody's Corporation, Verisk Analytics, Inc., Axiomsl, Inc., Gurucul, Provenir, and Risk Edge Solutions.

Source: VynZ Research