#Sweden Software Development Market Report
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Sweden Software Development Market - Forecast(2024 - 2030)
Sweden Software Development Market Overview
The Sweden Software Development market size is analyzed to be $7,720.7 million in 2021 and is projected to reach $10,856.3 million in 2027, growing at a CAGR of 5.9% during the forecast period 2022-2027. The global Sweden Software Development Market size is estimated to surpass $3.7 billion by 2027, growing at an estimated CAGR of more than 5.8% during the forecast period 2022 - 2027. Software development is the process of creating, designing and deploying software, which is independent of computer hardware and makes the computer programmable using various programming languages. Software development is primarily conducted by computer programmers, software engineers and software developers. Programmers and coders write source codes to program computers for specific tasks like merging databases, processing online orders, routing communications, source code generation, conducting searches or displaying text and graphics among others. According to a report by OECD, Sweden has one of the most digitally savvy populations in Europe; when it comes to familiarity with the internet and the adoption of this medium in their daily lives. The recent shift towards digitization, coupled with the growing trend towards Industry 4.0 and the Internet of Things, are some of the major factors that are driving the growth of the Sweden Software Development market. Software development in Sweden has gained a lot of traction in recent years. The markets have witnessed an increasing number of investments and acquisitions, particularly towards Computer-aided software engineering, which is projected to propel the growth of the Sweden software development market. For instance, in May 2021, the Swedish Foundation for Strategic Research (SSF), an independent public research funding organization, announced an investment of $19.7 million in software development in SSF Future Software Systems.
Report Coverage
The report: “Sweden Software Development Industry Outlook – Forecast (2022-2027)” by IndustryARC covers an in-depth analysis of the following segments in the Sweden Software Development Industry.
By Language: Java, Javascript, Python, C#, C++, C, Php, Golang, Typescript, Matlab and Others.
By Market Demand: In-House on Payroll, Hired from Secondment Providers, Hired Freelancers, Fully Outsourced.
By Deployment Type: On-Premise, Cloud.
By Business Size: Small and Medium Business, Enterprises, Government.
By End-Use Industry: Banking And Financial Institutions, Insurance Firms, Media and Entertainment, Government, Defense, Telecommunications, Automotive, Consumer Goods and Retail, Healthcare, Manufacturing, Gaming, Others.
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Key Takeaways
With the growth of software development, artificial intelligence and data sharing, the need for proper guidelines and policies relating to cyber security has become more crucial than ever. In order to combat the cyber security challenge, the Government of Sweden introduced the NIS directive in 2018, which introduced the requirements on information security and incident reporting for providers of infrastructure that are critical to the Swedish society.
As of now, most of the threat surveillance work has been handled by the financial institutions themselves and had no centralized mechanism for the purpose. Due to the growing need for a regulatory framework, in April 2019, the government of Sweden updated its Swedish Protective Security Act, which is set to tighten requirements for the security of IT systems at critical infrastructure providers under the supervision of Finansinspektionen, including the banks and market infrastructure firms. Developments like these are proving the market with new growth opportunities and is analyzed to boost the demand for the software development market in Sweden.
Although Sweden established a national strategy for cyber and information security in 2016, yet this strategy does not provide any specific guidance on how to prevent, handle or mitigate cyber-attacks in the financial sector. According to the Combatting the Cyber Threat in Sweden 2020 report by Oliver Wyman, the publishing of a sector-specific strategy for cyber security to direct the work in the Swedish financial, is set to provide the regional market with high growth opportunities in the near future. Factors like these are creating high growth opportunities for the Sweden Software Development Industry.
Sweden Software Development Market Segment Analysis - by Industry Vertical
In terms of End-use industry, the government segment also accounted for some market share in 2021 in the Sweden Software Development industry. The segment generated a revenue of $1,011.3 million in 2021 and is analyzed grow at a high CAGR of 5.87% during the forecast period to reach $1,424.3m in 2027. This is mainly due to the growing government efforts to coordinate and support digitalization within public administration and establish a framework for digital security in financial institutions in recent years. Additionally, according to the Digital Public Administration Factsheet Sweden 2021 report, the government formally launched the open data portal, dataportal.se which is aimed to provide way access to data resources from both private and public sector organizations. Furthermore, In December 2020, the Swedish government signed the Berlin Declaration on Digital Society and Value-Based Digital Government, which is aimed to foster digital transformation and Internet of Things adoption in order to allow citizens and businesses to harness the benefits and opportunities offered by modern digital technologies.
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Sweden Software Development Market Segment Analysis - by Language
By Language, Java segment accounted for the dominant market share in 2021. The segment generated a revenue of $1,554.1m in 2021 and is analyzed to grow at a CAGR of 5.8% during the forecast period to reach $2,172.3m in 2027. This is mainly owing to the high penetration of java programming language across enterprises and the availability of resources across the region. Additionally, the high rate of digitally skilled personnel in Sweden has propelled the demand for the programing language in the region. Sweden has one of the highest proportions of digitally skilled users in the world. According to the EU Education and Training Monitor 2020, 71% of the 16–19-year-old population have above basic digital and computer programming skills which is higher than the EU average. Furthermore, the growing demand for personalized software products in the region has resulted in an increase in demand for Java programming language. For instance, according to the Open Trade Gate Sweden Report by the National Board of Trade, almost 49% of the large companies, regardless of industry, develop their own software products.
Sweden Software Development Market Drivers
Increasing adoption and promotion of AI by the Government of Sweden
Artificial Intelligence is playing a vital role in the digital transformation, as it enables human capabilities including understanding, reasoning, planning and more, to be undertaken by software. This significantly increases efficiency and helps in the reduction of costs. As a result, to tap into this opportunity, in 2020, the Ministry of Enterprise and Innovation issued a report on the National Approach to Artificial Intelligence, which acknowledged the transformative nature of AI across the Internet of Things and computer programming sectors, while also emphasizing the need to create a framework that allows for the safe, secure and favorable climate for digitization and harnessing the opportunities of AI. Additionally, According to a report by Indiai.gov, for the years 2018 and 2019, the Swedish government allocated a sum of SEK 40 Million to increase focus on further education within Artificial Intelligence. Furthermore, according to a report by Indiaai.gov, the Swedish Government research and innovation agency Vinnova, invested around SEK 3Bn each year in fostering innovation across technology, transportation, communication and labor. Developments like these are promoting and boosting the adoption of Artificial Intelligence in Sweden, which is, in turn, driving the growth of the underlying software development market in Sweden.
Growing adoption of digitization in Public Administration
Sweden has one of the highest rates of internet users in the world. According to World Bank Data, in 2020, 94.5% of the Sweden population used the internet. Additionally, according to Eurostat data, 91% of the percent of the population used to the internet to interact with public authorities. Due to this high internet usage in the region, the government of Sweden is increasingly focusing on digitizing the public administration process, which is propelling the demand for the underlying software development market in the region. In January 2019 the Government established the Ministry of Infrastructure which was responsible for digitalization and facilitating seamless coordination within the Ministry with support from the unit of Digital Government. Additionally, according to the Digital Public Administration Factsheet Sweden 2020, the Government launched the Oppndata.se portal, which is set to publish open data and boost data-driven innovation in this field. According to the Digital Public Administration Factsheet Sweden 2020, at the end of 2019, the government launched two new projects which were aimed to establish a national basic data framework for basic data in public administration. Furthermore, In November 2020, changes to the justice legislation were passed through the act(2020:918) amending the Swedish Code of Judicial Procedure which is aimed to further enable and facilitate digital communication in court proceedings. Again, in March 2021, the government of Sweden started the development of Ombud, which is a Swedish national infrastructure for secure and digital management of powers of attorney and is currently under development by the Swedish Companies Registration Office, in close cooperation with the Swedish Tax Agency and the DIGG. Developments like these are some of the main factors that are driving the growth of the Sweden Software Development Market.
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Sweden Software Development Market Challenges
The increasing cost of Logging and high tax brackets are restricting the growth
Since the beginning, software engineers and developers use Logs for troubleshooting issues. As a result, maintenance and storage of the logs have become quite expensive. For instance, according to a report by Forbes, logs are becoming extremely noisy and expensive to store, especially in the Martech industry, where there is a lot of quick transactions. This significantly reduces the profit margin of enterprises, thereby hampering the growth of the underlying market. Although enterprises like Logz.io are trying to address the issue, it is still prevalent as one of the major challenges that are restricting the growth of the Software development market in Sweden. Additionally, Sweden has one of the most expensive labor rates in the Europe region along with the highest tax brackets, which significantly reduces the profit margin. According to a 2021 report by the International Trade Administration (ITA), a VAT rate of 25% generally applies to the import or sale of most products in Sweden, which represents about 18% of Sweden’s GDP, is higher than the EU average of 13%. As a result, various enterprises are outsourcing their work to a different regions where a skilled workforce is available at a cheaper rate along with lower tax brackets. Factors like these are some of the major challenges that are restricting the growth of the Software development market in Sweden.
Sweden Software Development Industry Outlook
Product launches, acquisitions and R&D activities are key strategies adopted by players in the Software Development Market. The top 10 Sweden Software Development companies include:
Exoft
Seeba
Ecommatrix
Innovise Group
Rite NRG
Codeblue
Source A Network AB
LoopLabz
SolveIT
Beetroot AB
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Recent Developments
In March 2022, Talenom announced the acquisition of three accounting firms in Sweden named Lindgren & Lindgren Ekonomi AB, Confido AB and Redovisningsbyrån Öckerö AB. This acquisition is set to combine Talenom’s software development with expertise in the accounting industry in a unique way and strengthen its position across Sweden.
In March 2022, Swedish startup 'My Telescope' secured $3 million for its market intelligence software.
In November 2021, Swedish telecommunications giant Ericsson snapped up US cloud-service provider Vonage in a multibillion-dollar deal which is its biggest acquisition in recent years.
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#Sweden Software Development Market#Sweden Software Development Market Share#Sweden Software Development Market Size#Sweden Software Development Market Forecast#Sweden Software Development Market Report#Sweden Software Development Market Growth
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Modernizing IT: The Cloud Migration Surge
The global cloud migration services market size is anticipated to reach USD 70.34 billion in 2030 and is anticipated to grow at a CAGR of 27.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The deployment of multi-cloud and hybrid cloud frameworks is expected to rise during the forecast period as businesses are adopting multi-cloud environments to allocate workflow as they continue their cloud migration and digital transformation. Banking and financial institutions are also accelerating their migration to cloud solutions owing to advantages such as versatility, flexibility, and integration of innovative technologies and FinTech ecosystems. Cloud services are aiding banking institutions in cost reduction by significantly lowering installation costs. Various vendors offer IaaS and PaaS applications to minimize the need to handle, host, preserve, upgrade, and scale BFSI-focused service operations. Companies' growing preference for cloud-based digital experience platforms aids the cloud services market growth. Several businesses prefer cloud services because they reduce investments in physical infrastructure and allow for rapid deployment.
Cloud Migration Services Market Report Highlights
The solutions segment dominated the market and accounted for the revenue share of nearly 66.0% in 2024. The rising demand for real-time data migration and analytics-driven decision-making is fueling the expansion of the solutions segment
The public segment dominated the market and accounted for the revenue share of over 46.0% in 2024 due to the increasing adoption of Software-as-a-Service (SaaS) applications
The large size enterprises segment dominated the market and accounted for the revenue share of 64.0% in 2024. The increasing need for digital transformation is a primary driver of cloud migration adoption among large enterprises
The IT & telecommunications segment dominated the market and accounted for the revenue share of over 19.0% in 2024. The increasing use of artificial intelligence (AI), big data analytics, and Internet of Things (IoT) in the IT and telecommunications sectors is fueling the demand for cloud migration services
The cloud migration services market in North America held a largest share of over 33.0% in 2024. A significant trend in North America is the increasing adoption of hybrid and multi-cloud strategies
Cloud Migration Services Market Segmentation
Grand View Research has segmented the global cloud migration services market report based on platform, deployment, enterprise size, end use, and region:
Cloud Migration Services Cloud Migration Services Platform Outlook (Revenue, USD Billion, 2018 - 2030)
Solution
Infrastructure Migration
Platform Migration
Database Migration
Application Migration
Storage Migration
Service
Professional Services
Managed Services
Cloud Migration Services Cloud Migration Services Deployment Outlook (Revenue, USD Billion, 2018 - 2030)
Public
Private
Hybrid
Cloud Migration Services Cloud Migration Services Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)
Large Size Enterprises
SMEs
Cloud Migration Services Cloud Migration Services End Use Outlook (Revenue, USD Billion, 2018 - 2030)
IT & Telecommunications
BFSI
Healthcare
Government & Public Sector
Manufacturing
Automotive
Retail & Consumer Goods
Media & Entertainment
Others
Cloud Migration Services Cloud Migration Services Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
US
Canada
Mexico
Europe
UK
Germany
France
Italy
Sweden
Finland
Netherlands
Asia Pacific
China
India
Japan
South Korea
Australia
Latin America
Brazil
Middle East & Africa
UAE
Saudi Arabia
South Africa
Key Players in Cloud Migration Services Market
Accenture
Amazon Web Services, Inc.
Capgemini
Google LLC
Hewlett Packard Enterprise Development LP
IBM Corporation
Kyndryl Inc.
Microsoft
NTT DATA Americas, Inc.
SAP SE
TATA Consultancy Services Limited
Veritis Group Inc.
VMware, Inc.
Vodafone Limited
Wipro
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No-code AI Platform Market Size, Share, Analysis, Forecast, and Growth Trends to 2032: Challenges in Data Privacy and Model Transparency
The No-code AI Platform Market was valued at USD 3.7 Billion in 2023 and is expected to reach USD 53.1 Billion by 2032, growing at a CAGR of 34.44% from 2024-2032.
The No-code AI platform market is revolutionizing how organizations leverage artificial intelligence by eliminating traditional barriers to AI adoption. These platforms enable users with little to no coding expertise to design, deploy, and manage AI solutions, thereby democratizing access to intelligent automation. With drag-and-drop interfaces, pre-trained models, and integration capabilities, businesses of all sizes—from startups to enterprises—can now accelerate innovation and decision-making with minimal technical overhead. As digital transformation becomes a priority, the demand for intuitive AI development environments is experiencing exponential growth across sectors like finance, healthcare, retail, and manufacturing.
No-code AI Platform Market As industries race toward automation and smarter workflows, no-code AI platforms are becoming indispensable tools for digital agility. Enterprises are increasingly choosing these platforms to shorten development cycles, reduce costs, and enable cross-functional teams to build AI-driven solutions autonomously. The market is gaining momentum through strategic partnerships, continuous platform enhancements, and integration with emerging technologies such as edge computing and IoT. In a landscape where speed, scalability, and user-friendliness are crucial, no-code AI platforms are redefining the innovation curve.
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Market Keyplayers:
Google LLC – Vertex AI
Microsoft Corporation – Power Platform AI Builder
Amazon Web Services (AWS) – Amazon SageMaker Canvas
IBM Corporation – Watson Studio
Salesforce, Inc. – Einstein AI
SAP SE – SAP AI Core
DataRobot, Inc. – DataRobot AI Cloud
Akkio Inc. – Akkio AI
Peltarion (acquired by AI Sweden) – Peltarion Platform
Clarifai, Inc. – Clarifai AI Platform
H2O.ai – H2O Driverless AI
Lobe (Microsoft) – Lobe.ai
RapidMiner (Altair) – RapidMiner AI Hub
Obviously AI – Obviously AI Platform
C3 AI – C3 AI Ex Machina
Market Analysis
The No-code AI platform market is driven by the need to bridge the technical gap in AI adoption. Organizations are seeking solutions that align with rapid digital transformation goals while avoiding the high costs and time-consuming nature of traditional AI development. The increasing focus on AI governance, ethical AI, and operational transparency further positions no-code platforms as attractive, compliant solutions. As AI becomes integral to core business strategies, platforms offering end-to-end lifecycle management with no-code functionality are gaining substantial traction.
Market Trends
Growing integration of no-code AI tools with enterprise software ecosystems
Increased emphasis on explainable AI and model transparency
Rising demand for AI-powered process automation in SMBs
Enhanced collaboration between business users and data scientists
Expansion of industry-specific no-code AI solutions
Surge in venture capital and startup activity in the no-code AI space
Shift toward hybrid platforms supporting both no-code and low-code development
Market Scope
The scope of the No-code AI platform market spans across multiple verticals, including healthcare, BFSI, e-commerce, logistics, education, and telecommunications. These platforms are not only transforming internal operations but are also driving customer experience innovations, predictive analytics, and real-time decision-making. With support for cloud-native architecture, multi-language compatibility, and seamless API integrations, no-code AI tools are aligning with modern IT strategies and business needs. The market encompasses both standalone solutions and embedded functionalities within broader automation suites, catering to a diverse user base from business analysts to C-level executives.
Market Forecast
The No-code AI platform market is poised for significant expansion in the coming years, bolstered by the global push for digitization and a growing talent shortage in AI development. Emerging economies are opening up new opportunities as enterprises there seek affordable, scalable AI solutions. Innovation in areas such as AutoML, AI-as-a-Service, and domain-specific platforms will further fuel adoption. As organizations seek to future-proof their operations, investment in no-code AI platforms is expected to become a strategic imperative, unlocking new levels of productivity and innovation.
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Conclusion
The No-code AI platform market is not just a trend—it is the cornerstone of the next digital revolution. By empowering non-technical users to harness the power of AI, these platforms are fostering a culture of innovation, inclusivity, and agility. Businesses ready to embrace no-code AI will find themselves better equipped to navigate complexity, seize new opportunities, and stay ahead in an increasingly competitive landscape. As simplicity meets intelligence, the future belongs to those who build smart—without writing a single line of code.
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An In-Depth Look at the Growth of Tele-epilepsy Market
The global tele-epilepsy market size is expected to reach USD 1,161.5 million by 2030, registering a CAGR of 15.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. aided by the rising adult population suffering from epilepsy, and increased investments in the healthcare telemedicine ecosystem by governments and private players globally.
The COVID-19 pandemic had a positive impact on the tele-epilepsy industry. The outbreak severely impacted the healthcare system and the economy, which created a special barrier for individuals seeking medical care, including epilepsy care. In addition, telehealth initiatives have demonstrated a high level of patient and physician satisfaction and quality during COVID-19. It has been seen that providing complex epilepsy care, including to patients with severity in epilepsy, could be solved, and can produce results that are comparable to those of in-person consultations.
Governments worldwide are initiating programs to uplift the market for tele-epilepsy. For instance, several government entities are embracing telehealth by implementing new regulations and reimbursement standards. In March 2020, The Federal Communications Commission in the US developed initiatives to aid healthcare organizations in implementing telemedicine technology.
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Tele-epilepsy Market Report Highlights
• Based on patient, the adult segment led the market with the largest revenue share of 56.67% in 2024 and is anticipated to grow at a CAGR of 16.0% during the forecast period.
• Based on component, the hardware segment led the market with the largest revenue share of 40.8% in 2024, due to the extensive use of videoconferencing technology, audio equipment, microphones, and other medical accessories to support virtual visits.
• Based on end use, the healthcare consumer segment led the market with the largest revenue share of 42.4% in 2024, owing to the increasing empowerment of patients and their demand for more personalized and accessible healthcare solutions.
• North America tele-epilepsy market dominated with the largest revenue share of 37.2% in 2024, owing to the technologically advanced infrastructure, rising number of epilepsy cases, and growing per capita income.
• The Asia Pacific tele-epilepsy market is anticipated to register at the fastest CAGR during the forecast period, due to the increasing penetration of smartphones & smart wearable devices and the rising adoption of telehealth services.
Tele-epilepsy Market Segmentation
Grand View Research has segmented the global tele-epilepsy market on the basis of on patient, component, end-use, and region:
Tele-epilepsy Patient Outlook (Revenue, USD Million, 2018 - 2030)
• Pediatric
• Adult
Tele-epilepsy Component Outlook (Revenue, USD Million, 2018 - 2030)
• Software
• Hardware
• Services
Tele-epilepsy End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Hospitals providers
• Payers
• Healthcare consumers
Tele-epilepsy Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o Spain
o Italy
o France
o Denmark
o Norway
o Sweden
• Asia Pacific
o Japan
o China
o India
o Australia
o Thailand
o South Korea
• Latin America
o Brazil
o Argentina
• MEA
o South Africa
o Saudi Arabia
o UAE
o Kuwait
List of Key Players in the Tele-epilepsy Market
• Shimmer
• Empatica
• SOC Telemed
• Eagle Telemedicine
• Sevaro
• Tele Specialists
• Chiron Health
• RTTC
• Science Soft USA Corporation
• Vidyo, Inc.
Order a free sample PDF of the Tele-epilepsy Market Intelligence Study, published by Grand View Research.
#Tele-epilepsy Market#Tele-epilepsy Market Analysis#Tele-epilepsy Market Report#Tele-epilepsy Market Size#Tele-epilepsy Market Share
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Push To Talk Market Size, Share, Growth Overview & Segments by 2032
The global push-to-talk market size was valued at $12 billion in 2019 and is expected to grow to $46.75 billion by 2032, with an annual growth rate of 12%. In 2019, North America held the largest share of this market, making up 37.42% of the total. The push-to-talk (PTT) market focuses on communication technology that allows instant voice transmission with the push of a button, similar to walkie-talkies. It is widely used in industries like public safety, transportation, construction, and military for efficient and reliable communication.
The market is growing due to advancements in wireless networks, increasing demand for secure communication, and the adoption of PTT over cellular (PoC) solutions. Key players include telecom providers, software developers, and device manufacturers, with North America leading in market share.
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Key Companies Covered in Push To Talk Market are:
Motorola Solutions Inc. (US)
Zebra Technologies Corporation (US)
AT&T Intellectual Property (US)
Verizon Wireless (US)
Qualcomm Technologies, Inc. (US)
Harris Corporation (US)
ICOM Inc. (Japan)
Kyocera
Siyata Mobile (Canada)
ECOM Instruments GmbH (US)
RugGear (US)
Telefonaktiebolaget LM Ericsson (Sweden)
Sonim Technologies (US)
Simoco (India)
Airbus DS Communications (US)
PUSH-TO-TALK MARKET TRENDS:
The push-to-talk (PTT) market is experiencing strong growth due to increasing demand for instant and secure communication across industries like public safety, transportation, and construction. Key trends include the rise of push-to-talk over cellular (PoC) solutions, integration with 5G and AI, and the adoption of cloud-based PTT services. Businesses are also shifting towards rugged smart devices and software-based PTT applications, improving flexibility and efficiency. North America remains a dominant player, while emerging markets are seeing rapid adoption.
Push-To-Talk Market Growth Factors:
The growth of the push-to-talk (PTT) market is driven by several key factors, including the increasing need for instant and secure communication in industries like public safety, transportation, and construction. The rise of push-to-talk over cellular (PoC) technology, advancements in 5G networks, and cloud-based PTT solutions are further boosting market expansion. Additionally, the growing adoption of rugged smartphones and the integration of AI-driven communication tools are enhancing efficiency and reliability, contributing to the market’s steady growth.
Push-To-Talk Market Report Coverage:
The push-to-talk (PTT) market report covers key aspects such as market size, growth trends, and future projections. It includes a detailed segmentation analysis based on components, network types, industries, and regions. The report highlights growth drivers, restraining factors, and emerging opportunities in the market. Additionally, it provides insights into competitive landscapes, key industry developments, and technological advancements. Regional and global market dynamics are also analyzed to offer a comprehensive view of the industry.
Push-To-Talk Market Restraining Factors:
Despite its growth, the push-to-talk (PTT) market faces some challenges. High initial costs for infrastructure and devices can limit adoption, especially for small businesses. Network reliability issues, particularly in remote areas, can affect communication efficiency. Security concerns related to data transmission and cyber threats also pose risks. Additionally, the availability of alternative communication solutions, such as instant messaging and VoIP, may slow down market expansion.
Push-To-Talk Market Segmentation Analysis:
The push-to-talk (PTT) market is segmented based on component, network type, industry, and region.
By Component: Includes hardware (devices like rugged smartphones and radios), software (PTT applications), and services (cloud-based and on-premise solutions).
By Network Type: Divided into push-to-talk over cellular (PoC) and land mobile radio (LMR).
By Industry: Major sectors using PTT include public safety, transportation, construction, defense, and healthcare.
By Region: North America leads the market, followed by Europe, Asia-Pacific, and the rest of the world, with emerging markets showing rapid adoption.
Push-To-Talk Market Key Industry Developments:
The push-to-talk (PTT) market is evolving with key industry developments, including advancements in 5G and AI-powered communication, enhancing speed and reliability. The rise of push-to-talk over cellular (PoC) is replacing traditional land mobile radio (LMR) systems. Companies are launching cloud-based PTT solutions for better scalability and security. Strategic partnerships and acquisitions among telecom providers, software developers, and hardware manufacturers are driving innovation. Additionally, the demand for rugged PTT devices and integration with IoT is shaping the future of the market.
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Global Talent Shortage In Tech, And What Can Be Done – Offshore Hiring!

Businesses and the global economies of all scales are experiencing rapid evolution and thus have witnessed lots of unfilled positions and workforce. With the growing innovations and transformations, facing a talent shortage at great length has serious economic consequences in the world of business. In addition to the Covid-19 pandemic, IT industries are experiencing talent crunch. Reports on demand for talents & the great resignation may hit you hard.
The statistical report by U.S. Labor Statistics reveals that the shortage is expected to reach 85.2 million by 2030. With this increasing count of skilled shortages, businesses have foreseen a downturn of $8.4 trillion in revenue. However, businesses are trying to cope with the shortage with technologies and automation, and focused on hiring offshore developers in an attempt to be on track.
Status of the global talent shortage
The market and technology trends have played a major part in disrupting most of the organization roles and one quarter of the roles are at risk in the coming 5 years.
According to McKinsey Global Surveys, 87% of organizations are already experiencing a talent shortage or are expecting to face it within a few years. At present, the talent shortages have doubled to what it was decades ago. With almost 54% of companies reporting talent shortages, Nordic is expected to face a scantiness of more than 4000 by 2030. Moving on to Sweden by 2023, 70,000 digital-related competencies are to be managed by them solely. The talent shortage mainly affects the industries like Data Analytics, IT, mobile, or web design business areas, as these industries highly demand potential skilled developers.
The sudden lockdown imposed by the pandemic devastated some talent acquisition teams as interviews had to be virtual. With growing numbers of unfilled positions, virtually recruiting and onboarding a remote workforce became a new norm.
Status of the US tech talent shortage
Advancement of technology in the US over a couple of years compelled an unprecedented demand and escalated the count of talent shortage by thousands each month. On the contrary, the Covid-19 pandemic made the situation considerably worse.
The Manpower Group conveys, 69% of US employers are struggling to recruit talents. With the increase in shortages, 92% of businesses are increasing their cloud workloads in the area of Machine Learning. The Bureau of Labor Statistics highlights that by 2026, the shortage of developers will increase to 1.2 Million while 545K developers will have left the market by that time. To tackle the inconvenience of talent shortages, 505 businesses are forced to sacrifice their demands and end up hiring mismatched tech employees.
Why are businesses experiencing talent shortages and the after-effects?
Let’s look at two major reasons and their consequences in detail,
Lack of skilled developers
Over the past few years, big companies prefer skilled software engineering professionals with robust credentials. The increased usage of digital technologies has increased the demand for experts in the area of Blockchain, Artificial Intelligence, Machine Learning for developing custom solutions.
Lack of up-to-date knowledge
Technologies and languages are evolving every single day and are constantly under development. And not every candidate will possess the qualifying skills, and there is a mild chance of developers skilled in one particular field and lacking in another. With this dilemma, it is hard to hire an individual without putting them to test. This screening process demands a lot of time and cost of involving HR executives.
After – Effects
Due to the under-supply of developers, the current pool of developers are free to demand high salary wages in exchange for their services which businesses aren’t able to afford.
Wrapping Up
In a recent study that surveyed 5,800 IT professionals across 4 continents, 1 in 3 employers reported having a hard time finding IT talent. There’s a widespread problem, and it’s going to take an international effort to find it. Fortunately, there are ways to hire from offshore that can ease the burden on you. With advances in technology, our dependence on technology has also reached new heights. Almost everything we do involves technology in one way or the other and has become an integral part of the society. With this dependence, the demand for developers has also increased tremendously. Inorder to meet the demand for hiring developers, collaborate with the best offshore recruitment firm like Centizen Talent Hub to stay ahead of your the competitors in acquiring the best technical and cultural fit for your organisation. This will help you mitigate the risk of talent shortage and have the best remote teams, as talented and dedicated as your in house teams.
#GlobalTalentShortage#TechTalentCrisis#OffshoreHiring#ITRecruitment#DeveloperShortage#TechWorkforce#RemoteHiring#TalentAcquisition
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Custom Software Development Market Future Outlook: Analyzing Size, Share, Growth Patterns
he global custom software development market size is estimated to reach USD 146.18 billion by 2030, growing at a CAGR of 22.5% from 2024 to 2030, according to a recent report from Grand View Research, Inc. Custom software development is the solution for businesses aiming to enhance their operations and maintain competitiveness in the digital environment. This process involves creating, implementing, and utilizing software solutions tailored to meet specific business requirements, effectively addressing individual needs. In this rapidly evolving digital landscape, businesses are striving to outpace competitors through technology-driven enhancements in their operations and customer service. Custom software development is pivotal in this endeavor, as it provides tailored solutions to address diverse business needs, thereby contributing significantly to staying competitive.
Custom Software Development Market Report Highlights
The enterprise software segment is expected to register a CAGR of 23.6% from 2024 to 2030. The increasing demand for automation and cost efficiency are driving the growth of the market.
The cloud segment is expected to register a CAGR of 23.7% from 2024 to 2030. Businesses are increasingly embracing digital transformation. As a result, there exists a strong demand for tailored software solutions that can seamlessly integrate with cloud infrastructure, offer scalability and flexibility, and are cost-efficient.
The SME segment is expected to register a CAGR of 24.1% from 2024 to 2030. SMEs are increasingly realizing the need to digitalize their processes to remain competitive in today's market landscape, which is driving an increasing demand for custom software development solutions.
The government segment is expected to register a CAGR of 25.9% from 2024 to 2030. Custom software solutions tailored to the unique needs of government agencies are becoming indispensable tools for modernizing legacy systems, automating processes, and fostering transparency and accountability. Moreover, the growing emphasis on data-driven decision-making and digital governance initiatives further fuels demand for software applications capable of handling large volumes of sensitive information securely.
Asia Pacific is anticipated to emerge as the fastest-growing region globally over the forecast period at a CAGR of 25.2% from 2024 to 2030. The region's growth can be attributed to the increasing expansion activities of key companies aimed at gaining better traction in the market. For example, in June 2023, Endava PLC announced the acquisition of DEK Technologies Sweden AB, DEK Corporation Pty Ltd, and DEK Vietnam Company Ltd.
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Custom software solutions are designed to address specific business needs and provide a competitive advantage by automating and streamlining various processes, improving overall efficiency, reducing errors, and enhancing customer satisfaction. Custom software development allows businesses the flexibility to make changes to their software solutions as per their evolving business needs. For instance, in January 2024, Brainvire Infotech Inc. announced a collaboration with Sing In Chinese to develop a captivating and interactive app for children.
The costs associated with developing custom software are high for businesses. Custom software development incurs higher expenses than packaged software due to various factors. Some of them include proficient data management and robust security measures, tailored development aligned with the specific business models or processes, seamless integration of essential tools and cutting-edge technologies into a unified system, and prompt resolution of significant issues while prioritizing the needs of core end users. In addition, maintenance and support costs further contribute to the cost of custom software.
#CustomSoftware#SoftwareDevelopment#SoftwareEngineering#ITSolutions#BusinessSoftware#EnterpriseSoftware#SoftwareConsulting#SoftwareOutsourcing#AgileDevelopment#CloudComputing#AI#MachineLearning#Cybersecurity#WebDevelopment#MobileAppDevelopment#SaaS#DevOps#DigitalTransformation#SoftwareInnovation#TechIndustry
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Europe Modular Construction Market During Forecast Period 2023-2030
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Europe Modular Construction Market size by value at USD 18.3 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Europe Modular Construction Market size to expand at a CAGR of 5.4% reaching a value of USD 26.9 billion by 2030. The Modular Construction Market in Europe is propelled by the burgeoning demand for affordable housing, commercial spaces, and infrastructure. This innovative approach offers significant advantages, including accelerated construction timelines, enhanced quality, cost efficiency, and sustainability. Countries like the UK and Germany are at the forefront of this trend, with the former aiming to build 300,000 homes annually and the latter increasingly adopting modular solutions for student housing and hotels. Scandinavian nations, particularly Sweden and Finland, have witnessed high market penetration, driven by the need for both temporary and permanent housing. Technological advancements, strategic investments, and growing industry awareness are further fueling market expansion, as evidenced by recent acquisitions like Algeco Group's purchase of Wexus Group AS, strengthening its regional presence in Norway, Sweden, and Estonia.
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Opportunity – Growing Adoption of Technological Advancements
Technological advancements present a significant growth opportunity for companies in Europe Modular Construction Market. With rapid innovations in digitalization, AI-powered tools, and advanced project modeling software, the modular construction industry is evolving to meet the demands of modern construction. These technologies have streamlined processes, making construction faster, more efficient, and cost-effective. Additionally, the rise of modular solutions in non-residential sectors, including healthcare, education, and commercial buildings, has further fueled market growth. The adoption of hybrid prefabrication systems, which combine different offsite construction methods, is also gaining traction, enhancing the flexibility and scalability of modular projects across Europe. As technology continues to improve, it is expected to accelerate the adoption of modular construction, offering new possibilities for both residential and non-residential developments.
Germany Leads Europe Modular Construction Market
Germany's robust construction sector and strong economic foundation position the country as the dominant force in Europe Modular Construction Market. Germany is at the forefront of this trend with a rapidly growing prefabricated housing market, accounting for over 20% of residential construction. Fueled by an increasing demand, government initiatives, and a surge in building permits, the country's modular construction market is poised for sustained growth. The demand for efficient, cost-effective, and customizable building solutions, particularly turnkey projects, will further solidify Germany's leadership in this dynamic market
Impact of Escalating Geopolitical Tensions on Europe Modular Construction Market
Intensifying geopolitical tensions could have a multifaceted impact on the growth of Europe Modular Construction Market. Supply chain disruptions, rising costs, and labor shortages, all exacerbated by political instability, may hinder project timelines and affordability. However, a global shift towards sustainable, energy-efficient housing solutions could offset these challenges, offering a potential growth driver.
Competitive Landscape
Europe Modular Construction Market is highly fragmented, with numerous players serving the market. The key players dominating the market include Skanska, Bouygues Construction, Vinci, Strabag SE, Modulaire Group, Daiwa House Modular Europe Ltd., DFH Haus GmbH, Elements Europe, Karmod Prefabricated Technologies, and Laing O'Rourke. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Europe Modular Construction Market.
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Project Portfolio Management Market 2025 Update: Latest Developments and Innovations
The recently released Fortune Business Insights research on the Global Project Portfolio Management Market survey report provides facts and statistics regarding market structure and size. Global Project Portfolio Management Market Size 2025 Research report presents an in-depth analysis of the Global Market size, growth, share, segments, manufacturers, and forecast, competition landscape and growth opportunity. The research’s goal is to provide market data and strategic insights to help decision-makers make educated investment decisions while also identifying potential gaps and development possibilities.
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Companies Profiled in the Global Project Portfolio Management Market:
Oracle Corporation (U.S.)
Microsoft Corporation (U.S.)
SAP SE (Germany)
Adobe (Workfront) (U.S.)
Hewlett Packard Enterprise Development LP (U.S.)
Broadcom Inc. (U.S.)
ServiceNow (U.S.)
HEXAGON AB (Sweden)
ATLASSIAN (U.S.)
Planview, Inc. (U.S.)
Adoption of Agile Business Models to Spur Growth
Traditional waterfall management is not always effective. Thus, companies adopt agile business models for effective management of activity, cost, equipment, and resource. Agile business practices assist in maintaining the capabilities of a company during changing business environments. These factors will increase the project portfolio management market share. As per a survey by significant players, around 37% of the time can be saved when working on a project using agile principles.
On the contrary, data breaching concerns and budget constraints may stifle the project portfolio management market growth.
What exactly is included in the Report?
– Industry Trends and Developments: In this section, the authors of the research discuss the significant trends and developments that are occurring in the Project Portfolio Management Market place, as well as their expected impact on the overall growth.
– Analysis of the industry’s size and forecast: The industry analysts have provided information on the size of the industry from both a value and volume standpoint, including historical, present and projected figures.
– Future Prospects: In this portion of the study market participants are presented with information about the prospects that the Project Portfolio Management Market is likely to supply them with.
– The Competitive Landscape: This section of the study sheds light on the competitive landscape of the Project Portfolio Management Market by examining the important strategies implemented by vendors to strengthen their position in the global market.
– Study on Industry Segmentation: This section of the study contains a detailed overview of the important Project Portfolio Management Market segments, which include product type, application, and vertical, among others.
– In-Depth Regional Analysis: Vendors are provided with in-depth information about high-growth regions and their particular countries, allowing them to place their money in more profitable areas.
This Report Answers the Following Questions:
What are the Project Portfolio Management Market growth drivers, hindrances, and dynamics?
Which companies would lead the market by generating the largest revenue?
How will the companies surge the processes adoption amid the COVID-19 pandemic?
Which region and segment would dominate the Project Portfolio Management Market in the coming years?
Project Portfolio Management Market Segments:
By Component
Software
Services
Integration and Deployment
Training and Consulting
Support and Maintenance
By Deployment
On-premise
Cloud-based
Hosted
By Enterprise Type
Large Enterprises
Small and Medium Enterprises (SMEs)
By Application
Project and Portfolio Governance
Portfolio Dashboards and Analytics
Visibility and Reporting
Resource Management
Financial Planning and Management
Others (Time and Risk Management)
By Vertical
IT and Telecommunications
BFSI
Government
Engineering & Construction
Healthcare
Others (Manufacturing)
Table Of Content:
1. Introduction 1.1. Research Scope 1.2. Market Segmentation 1.3. Research Methodology 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities
4. Key Insights 4.1 Global Statistics — Key Countries 4.2 New Product Launches 4.3 Pipeline Analysis 4.4 Regulatory Scenario — Key Countries 4.5 Recent Industry Developments — Partnerships, Mergers & Acquisitions
5. Global Project Portfolio Management Market Analysis, Insights and Forecast 5.1. Key Findings/ Summary 5.2. Market Analysis — By Product Type 5.3. Market Analysis — By Distribution Channel 5.4. Market Analysis — By Countries/Sub-regions
……………
11. Competitive Analysis 11.1. Key Industry Developments 11.2. Global Market Share Analysis 11.3. Competition Dashboard 11.4. Comparative Analysis — Major Players
12. Company Profiles
12.1 Overview 12.2 Products & Services 12.3 SWOT Analysis 12.4 Recent developments 12.5 Major Investments 12.6 Regional Market Size and Demand
13. Strategic Recommendations
TOC Continued……………….
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Microscope Software Market: A Comprehensive Overview of Growth and Innovation
The global microscope software market size is expected to reach USD 1.49 billion by 2030, registering a CAGR of 8.03% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributed to the factors such as increasing demand for R&D in the life sciences and material science industry, rising adoption of digital pathology, and growing awareness about the benefits of a microscope. Technological advancements have also played an important role in driving market growth, as they have led to the development of advanced software solutions that are capable of providing detailed imaging and analysis of biological and other specimens.
Furthermore, advancements in microscopy have been done at a rapid pace and it has become an important tool in cell biology labs using 3D and fluorescent microscopy. Some of the advancements include the ability to capture high-resolution images and videos of microscopic samples, as well as proper image processing and analysis capabilities. Furthermore, the ability to automate and streamline many aspects of microscopy, allows researchers to perform experiments more efficiently and accurately. For instance, automated software can help to quickly identify specific structures or cells within an image, reducing the time and effort required for manual analysis
The COVID-19 pandemic had a positive impact on the market. There was a significant increase in demand for microscopes for research purposes related to the virus and other diseases. Researchers and scientists needed to quickly analyze and interpret large amounts of data from samples, which required advanced microscope software solutions. Owing to this, several companies operating in this market experienced an increase in demand for their products and services.
Gather more insights about the market drivers, restrains and growth of the Microscope Software Market
Microscope Software Market Highlights
• On the basis of type, integrated software captured the highest market share of 76.64% in 2022 due to its ability to integrate multiple imaging techniques to provide a more comprehensive analysis of samples at a time
• On the basis of application, life science captured the highest market share of 29.14% in 2022. This can be attributed to the high demand for microscope software in the life science industry for various purposes
• On the basis of type of microscopes, the electron microscope segment dominated the overall market in terms of revenue share of 41.08% in 2022. Due to its applications in various fields such as life sciences, semiconductors, and materials science and comparatively high product cost
• Asia Pacific dominated with 36.26% of market share in 2022, due to various factors such as high investments in R&D and product innovation by manufacturers
• Some of the major players include Carl Zeiss AG, Leica Microsystems, Nikon Corporation, Thermo Fisher Scientific Inc., Oxford Instruments plc, Olympus Corporation, and others.
Microscope Software Market Segmentation
Grand View Research has segmented the global microscope software market based on type of microscope, type of software, application, and region:
Microscope Software Type of Microscope Outlook (Revenue, USD Million, 2018 - 2030)
• Optical Microscopes
• Electron Microscopes
• Scanning Probes Microscopes
• Other Microscopes
Microscope Software Type of Software Outlook (Revenue, USD Million, 2018 - 2030)
• Integrated Software
• Standalone Software
Microscope Software Application Outlook (Revenue, USD Million, 2018 - 2030)
• Material Science
• Nanotechnology
• Life Science
• Semiconductors
• Others
Microscope Software Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Sweden
o Norway
o Denmark
• Asia Pacific
o Japan
o China
o India
o Australia
o Thailand
o South Korea
• Latin America
o Brazil
o Mexico
o Argentina
• MEA
o South Africa
o Saudi Arabia
o UAE
o Kuwait
Order a free sample PDF of the Microscope Software Market Intelligence Study, published by Grand View Research.
#Microscope Software Market#Microscope Software Market Size#Microscope Software Market Share#Microscope Software Market Analysis#Microscope Software Market Growth
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Service Robots Market Report

Service Robots Market Report: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2031
The Service Robotswas valued at USD 24.29 billion in 2022. It is projected to reach USD 40.35 billion by 2031, growing at a CAGR of 21.3% during the forecast period (2023-2031). Service robots are referred to as robots designed to assist humans and perform useful work, except for manufacturing and industrial automation applications. Service robots are mainly intended to operate in fully automatic or semi-automatic modes and perform various tedious tasks, thereby offering safety and high efficiency in various applications.
Drivers in the Service Robots Market
The growth of the Service Robots Market is driven by several factors, including:
Increasing demand for automation and robotics in various industries
Advancements in artificial intelligence and machine learning technologies
Growing need for efficient and cost-effective solutions in healthcare, logistics, and other sectors
Key Developments in the Service Robots Market
Strategic partnerships and collaborations among key players to develop innovative service robot solutions
Investments in research and development to improve the functionality and efficiency of service robots
Growing adoption of service robots in emerging markets, such as Asia-Pacific and Latin America
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Top Key Players
The global Service Robots Market is dominated by several key players, including:
DeLaval International AB (Sweden)
Daifuku (Japan), Cyberdyne (Japan)
DJI (China), Kongsberg Maritime (Norway)
Northrop Grumman (U.S.)
iRobot (U.S.), SoftBank Robotics (Japan)
Intuitive Surgical Inc (U.S.)
Neato Robotics (U.S.)
KUKA Swisslog (Germany)
Lely (Netherlands)
ECA Group (France)
3DR (U.S.), Stryker Corporation (U.S.)
Parrot SA (France)
General Electric (U.S.)
Amazon Robotics (U.S.)
ecoRobotix (Switzerland)
GRAAL (Italy)
PrecisionHawk (U.S.)
Harvest Croo (U.S.)
Starship Technologies (U.S.)
Hanson Robotics (China)
UBTECH Robotics (China)
Detailed Table of Content: https://straitsresearch.com/report/service-robots-market/toc
Segmentation Analysis of the Service Robots Market
The global Service Robots Market can be segmented into several categories, including:
By Type
Professional
Personal & Domestic
By Environment
Ground
Aerial
Marine
By Component
Hardware
Software
By Application
Domestic
Medical
Defense
Educational and Personal
Construction
Market Segmentation: https://straitsresearch.com/report/service-robots-market/segmentation
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Straits Research is a global provider of high-quality market research, analytics, and advisory services. With a dedicated team of expert analysts, we deliver actionable data and insights to support informed business decisions. Our customized approach allows us to cater to each client’s specific needs, ensuring the most relevant and valuable market intelligence.
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Night Vision Devices Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033
The night vision devices global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Night Vision Devices Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The night vision devices market size has grown strongly in recent years. It will grow from $8.02 billion in 2023 to $8.8 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to adoption in recreational and outdoor activities, innovations in image quality, cost reduction and commercialization, development of compact devices, rise in law enforcement usage..
The night vision devices market size is expected to see strong growth in the next few years. It will grow to $12.25 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to integration of ai and machine learning, shift towards energy-efficient solutions, focus on lightweight and ergonomic designs, increasing demand for digital night vision, enhancements in range and detection capabilities.. Major trends in the forecast period include miniaturization and portability, advancements in image quality, integration of thermal imaging, enhanced connectivity features, rise in digital night vision..
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The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - Rising military and defense sectors are expected to propel the growth of the night vision devices market going forward. The military sector encompasses organizations and activities related to the armed forces and national defense, while the defense sector specifically refers to industries and companies involved in producing military equipment and technology. Night vision devices in the military and defense sectors enhance nighttime visibility, aiding in covert operations, surveillance, and target acquisition while ensuring operational effectiveness in low-light conditions. For instance, in April 2023, according to the Stockholm International Peace Research Institute, a Sweden-based independent international institute dedicated to research into conflict, armaments, arms control, and disarmament, total global military expenditure increased by 3.7% in real terms in 2022 to a record high of $2,240 billion. In 2022, Russian military spending is projected to increase by 9.2%, or $86.4 billion. Moreover, the overall military expenditure in Asia and Oceania was $575 billion, an increase of 2.7% compared to 2021. Therefore, the rising military and defense sectors will drive the growth of the night vision devices market.
Market Trends - Major companies operating in the night vision device market are focused on developing true-color night vision devices, such as KAWA T6 security cameras to gain a competitive edge in the market. KAWA T6 are true-color night vision Security camera devices that can capture and display full-color imagery in low-light or nighttime conditions without additional illumination sources. For instance, in June 2023, KAWA Electronics Company Limited, a China-based smart technology and electronic audio and video manufacturing company providing night vision devices, launched the KAWA T6 and KAWA T6 Pro security cameras that offer innovative features, including true full-color night vision. The camera's performance is improved by adding a 1/1.79'' stacked CMOS (complementary metal oxide semiconductor) sensor, which enables them to record outstanding 4MP super HD resolution images with incredible clarity. The KAWA T6 and T6 Pro boast AI (artificial intelligence) technology that can detect motion and which human is moving, making them more accurate and reliable.
The night vision devices market covered in this report is segmented –
1) By Device: Goggles, Monocular And Binoculars, Camera, Glasses, Scopes, Other Devices 2) By Technology: Thermal Imaging, Image Intensifier, Infrared Illumination, Other Technologies 3) By Application: Military And Defense, Wildlife Spotting And Conservation, Surveillance, Targeting, Navigation, Other Applications
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Regional Insights - North America was the largest region in the night vision devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the night vision devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies - Major companies operating in the night vision devices market report are RTX Corporation, BAE Systems PLC, Sharp Corporation, Safran Vectronix AG, Thales Group SA, Leonardo S.p.A., Elbit Systems Ltd., Teledyne Technologies Incorporated, Vista Outdoor Inc., Aselsan A.Ş., Excelitas Technologies Corp., Zhejiang Dali Technology Co. Ltd., Sellmark Corporation, B.E. Meyers & Co., Kopin Corporation, Meopta - optika s.r.o., American Technologies Network Corp., Newcon International Ltd., Steiner Optics GmbH, Adams Industries Inc., Opgal Optronic Industries Ltd., Nivisys LLC, Bering Optics LLC, Luna Optics Inc., N-Vision Optics LLC, Tactical Night Vision Company, Yukon Advanced Optics Worldwide, American Holoptics Inc., Tak Technologies Private Limited, Xenonics Holdings Inc.
Table of Contents 1. Executive Summary 2. Night Vision Devices Market Report Structure 3. Night Vision Devices Market Trends And Strategies 4. Night Vision Devices Market – Macro Economic Scenario 5. Night Vision Devices Market Size And Growth ….. 27. Night Vision Devices Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Global Observability Tools and Platforms Market Analysis 2024: Size Forecast and Growth Prospects
The observability tools and platforms global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Observability Tools and Platforms Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The observatory tools and platforms market size has grown rapidly in recent years. It will grow from $2.54 billion in 2023 to $2.85 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to regulatory compliance, aging infrastructure, increased complexity of operations, focus on operational efficiency, growing awareness of predictive maintenance.
The observatory tools and platforms market size is expected to see rapid growth in the next few years. It will grow to $4.43 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to industry 4.0 integration, sustainability and environmental concerns, globalization of supply chains, rise of performance-based contracts, increased emphasis on data-driven decision-making. Major trends in the forecast period include edge computing integration, artificial intelligence and machine learning adoption, blockchain for asset management, augmented reality (AR) for maintenance support, subscription-based and cloud solutions.
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Scope Of Observability Tools and Platforms Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Observability Tools and Platforms Market Overview
Market Drivers - The increasing adoption of IoT is expected to propel the growth of the observability tools and platforms market going forward. Internet of Things (IoT) encompasses a network of interlinked physical devices, vehicles, appliances, and other objects equipped with sensors, software, and connectivity, facilitating the gathering and sharing of data. and network connectivity, enabling them to collect and exchange data. The advancements in areas such as artificial intelligence (AI) and machine learning (ML) are enabling deeper analysis of IoT data and unlocking new applications. Observability tools and platforms enable the collection, analysis, and visualization of vast amounts of data generated by IoT devices, aiding operators and developers in understanding system performance, identifying anomalies, and optimizing operations. For instance, in November 2022, according to a report published by Ericsson, a Sweden-based telecommunication company, broadband IoT (4G/5G), the primary connectivity for most cellular IoT devices, achieved 1.3 billion connections in 2022 and nearly 60% of cellular IoT connections are projected to be broadband IoT connections by 2026, predominantly using 4G. Further, Northeast Asia currently leads in cellular IoT connections and is expected to exceed 2 billion connections in 2023. Therefore, the increasing adoption of IoT is driving the growth of the observability tools and platforms market
Market Trends - Major companies operating in the observability tools and platforms market are developing advanced technologies, such as artificial intelligence (AI)-powered observability assistants, to gain a competitive edge in the market. These solutions utilize artificial intelligence techniques to collect, analyze, and interpret telemetry data such as logs, metrics, and traces within a software system. For instance, in May 2023, New Relic, a US-based software development company, launched relic grok, an AI-powered observability assistant. It is uniquely designed by leveraging generative AI and openAI's language models, to simplify observability for engineers. The users can interact in natural language to set up instrumentation, troubleshoot issues, generate reports, and manage accounts. Grok performs AI-driven root cause analysis, assists with code-level issue resolution, and automates reporting to support multiple languages and handle administrative tasks.
The observability tools and platforms market covered in this report is segmented –
1) By Component: Solution, Services 2) By Deployment Type: Public Cloud, Private Cloud 3) By End User: Banking, Financial Services And Insurance, Healthcare And Life Sciences, Retail And E-commerce, Manufacturing, Telecom And Information Technology, Government And Public Sector, Media And Entertainment, Other End Users
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Regional Insights - North America was the largest region in the observatory tools and platforms market in 2023. The regions covered in the observability tools and platforms market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Microsoft Corporation, International Business Machines Corporation (IBM), Broadcom Inc., Splunk Inc., Datadog Inc., ScienceLogic, Inc., Dynatrace Inc., Elastic N.V., New Relic Inc., SolarWinds Worldwide, LLC, Riverbed Technology LLC, Sumo Logic Inc., GitLab Inc., Nexthink S.A., Grafana Labs, AppDynamics LLC, LogicMonitor Inc., Auvik Networks Inc., Monte Carlo Data Inc., Honeycomb.io Inc., Graylog Inc., Sysdig Inc., Raygun Inc., Acceldata Inc., Lightstep Inc., StackState B.V., Instana Inc.
Table of Contents 1. Executive Summary 2. Observability Tools and Platforms Market Report Structure 3. Observability Tools and Platforms Market Trends And Strategies 4. Observability Tools and Platforms Market – Macro Economic Scenario 5. Observability Tools and Platforms Market Size And Growth ….. 27. Observability Tools and Platforms Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Digital Health Market Segmentation, Parameters and Prospects 2024 to 2030 Industry Research Report
Digital Health Industry Overview
The global digital health market size was estimated at USD 240.9 billion in 2023 and is projected to grow at a compound annual growth (CAGR) of 21.9% from 2024 to 2030. The market is driven by several factors, such as a strong domestic market for telehealthcare platform developers, mHealth app providers, wearable device manufacturers, and e-prescription systems.
Moreover, the healthcare industry exhibits high growth potential for the IT industry due to supportive government initiatives across all regions. The growing trend of preventive healthcare & the rise in funding for mHealth startups are other factors boosting the market.
Gather more insights about the market drivers, restrains and growth of the Digital Health Market
The rising incidence of chronic conditions such as diabetes, heart disease, and cancer is fueling the demand for remote monitoring and management solutions. Digital health tools can help patients track their health, adhere to treatment plans, and communicate with healthcare providers more effectively.
Global Digital Health Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the segments from 2018 to 2030. For this study, Grand View Research, Inc. has segmented the global digital health market report on the basis of technology, component, application, end-use, and region:
Technology Outlook (Revenue, USD Million, 2018 - 2030)
Tele-healthcare
Tele-care
Activity Monitoring
Remote Medication Management
Tele-health
LTC Monitoring
Video Consultation
mHealth
Wearables & Connected Medical Devices
Vital Sign Monitoring Devices
Heart Rate Monitors
Activity Monitors
Electrocardiographs
Pulse Oximeters
Spirometers
Blood Pressure Monitors
Others
Sleep Monitoring Devices
Sleep trackers
Wrist Actigraphs
Polysomnographs
Others
Electrocardiographs Fetal & Obstetric Devices
Neuromonitoring Devices
Electroencephalographs
Electromyographs
Others
mHealth Apps
Medical Apps
Women's Health
Fitness & Nutrition
Menstrual Health
Pregnancy Tracking & Postpartum Care
Menopause
Disease Management
Others
Chronic Disease Management Apps
Diabetes Management Apps
Blood Pressure & ECG Monitoring Apps
Mental Health Management Apps
Cancer Management Apps
Obesity Management Apps
Other Chronic Disease Management Apps
Personal Health Record Apps
Medication Management Apps
Diagnostic Apps
Remote Monitoring Apps
Others (Pill Reminder, Medical Reference, Professional Networking, Healthcare Education)
Fitness Apps
Services
Monitoring Services
Independent Aging Solutions
Chronic Disease Management & Post-Acute Care Services
Diagnosis Services
Healthcare Systems Strengthening Services
Others
Digital Health Systems
EHR
E-prescribing Systems
Healthcare Analytics
Component Outlook (Revenue, USD Million, 2018 - 2030)
Software
Hardware
Services
Application Outlook (Revenue, USD Million, 2018 - 2030)
Obesity
Diabetes
Cardiovascular
Respiratory Diseases
Others
End-use Outlook (Revenue, USD Million, 2018 - 2030)
Patients
Providers
Payers
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Sweden
Denmark
Norway
Asia Pacific
China
India
Japan
Australia
South Korea
Singapore
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
Browse through Grand View Research's Healthcare IT Industry Research Reports.
• The global computerized physician order entry market size was valued at USD 1.94 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.
• The global healthcare cloud computing market size was valued at USD 19.6 billion in 2023 and is projected to grow at a CAGR of 12.7% from 2024 to 2030.
Key Digital Health Company Insights
Key players are adopting new product development, partnership, and merger & acquisition strategies to increase their market share. Apple, Inc., Google, Inc., and Qualcomm Technologies, Inc. are market leaders with a presence in more than 30 countries, including headquarters, manufacturing sites, distribution centers, and office locations. The Apple App Store features over 40,000 apps in the healthcare segment. In March 2023, to improve digital health, Apple Inc. announced plans to upgrade AirPods by adding ambient light sensors with health tracking features, including motion detectors, temperature monitors, blood oxygen level, and perspiration & heart rate, by 2025. In addition, H2O Therapeutics, a Turkey-based startup, received U.S. FDA clearance for its Parky app. This Apple Watch app monitors Parkinson’s disease symptoms, such as dyskinesia and tremors. Furthermore, Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., and Vodafone Group Plc. are the emerging market players.
Key Digital Health Companies:
The following are the leading companies in the digital health market. These companies collectively hold the largest market share and dictate industry trends
Telefónica S.A.
Epic Systems Corporation
QSI Management, LLC
AT&T
AirStrip Technologies
Google, Inc.
Hims & Hers Health, Inc.
Orange
Softserve
Computer Programs and Systems, Inc.
Vocera Communications
IBM Corporation
CISCO Systems, Inc.
Apple Inc.
Oracle Cerner
Veradigm
Mckesson Corporation
Hims & Hers Health, Inc.
Vodafone Group
Qualcomm Technologies, Inc.
Samsung Electronics Co., Ltd.
Recent Developments
In April 2023, Microsoft collaborated with Epic Systems Corporation to integrate AI into EHR, enabling healthcare practitioners to improve their productivity and patient communication with AI-enabled solutions
In March 2023, BlueRock Therapeutics LP entered a collaboration with Emerald Innovations and Rune Labs with a major focus on innovations using contactless & invisible, wearable digital health technology to improve monitoring of Parkinson's disease
In March 2023, Google launched Open Health Stack, an open-source program for developers to build health-related apps by including strategies, such as AI partnerships focusing on cancer screening
In March 2023, Nabla Technologies launched Copilot, a digital assistant tool, as a Chrome extension using GPT-3 for doctors to make patients' conversations turn into action
In March 2022, Samsung unveiled its latest innovation, a smart healthcare TV and advanced digital health solutions for healthcare facilities, at the Healthcare Information and Management Systems Society (HIMSS) Global Conference in Florida. Furthermore, Samsung and ShareSafe partnered to develop a secure solution for casting from mobile devices to Samsung Smart Healthcare TV
In March 2022, Epic Systems Corporation launched Garden Plot, which provides small independent healthcare groups access to Epic software solutions and an interoperability network
In March 2022, Vocera Communications, a part of Stryker, introduced Minibadge. This compact, portable, voice-driven wearable device integrates with clinical and operational workflows of healthcare facilities & enables hands-free communication.
Order a free sample PDF of the Digital Health Market Intelligence Study, published by Grand View Research.
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Transplantation Market Size To Reach $30.9 Billion By 2030
The global transplantation market size is expected to reach USD 30.9 billion by the year 2030, expanding at a CAGR of 9.3%, according to a new report by Grand View Research, Inc. Growing incidence of organ failure has resulted in massive growth in the transplantation market.
Rising demand for transplant products such as tissue products, immunosuppressants, and organ preservation solutions is a major factor anticipated to boost the market’s growth during the forecast period. Thus, many biotechnology and medical device companies have begun to concentrate on the development of advanced transplant products for the management of organ failure.
Technological advancement in organ transplantation methods is another major factor supporting the market growth. The development of novel & improved transplant products such as tissue products and surgical instruments has majorly contributed to the expansion of the sector.
In addition, the introduction of advanced tissue products such as DeNovo NT Graft, Chondrofix Osteochondral Allograft, and DuraMatrix Collagen Dura Substitute Membrane provides higher benefits during treatment. In addition, computerized support systems with advanced systems and software allow easy & effective maintenance of tissues. Thus, the availability of such advanced techniques supports an increase in the number of organ transplant procedures.
Request a free sample copy or view report summary: Transplantation Market Report
Transplantation Market Report Highlights
Tissue products segment was the largest revenue-generating amongst others due to escalating number of tissue and organ transplant procedures
Tissue products segment is also expected to rise at the highest CAGR owing to advancements in transplantation products
Tissue transplant segment held the largest revenue share in the market, because of the rising number of skin, bones, heart valves, cornea, tendons, nerves, and veins procedures worldwide
The transplant centers segment is projected to expand at the highest CAGR during the forecast period owing to rising popularity of these centers for transplant procedures
The hospitals segment dominated the market in terms of revenue in 2022 owing to a large number of transplant procedures performed in hospitals
North America was the leading regional sector in 2022 and is projected to maintain its dominance during the forecast period owing to well-developed healthcare infrastructure
Existence of a large number of research laboratories, biotechnology, and medical device companies in the North America region is the major factor contributing to its large share
Transplantation Market Segmentation
Grand View Research has segmented the global transplantation market on product, application, end-use, and region:
Transplantation Product Outlook (Revenue, USD Million; 2018 - 2030)
Tissue Products
Immunosuppressive Drugs
Preservation Solution
Transplantation Application Outlook (Revenue, USD Million; 2018 - 2030)
Organ Transplantation
Tissue Transplantation
Transplantation End Use Outlook (Revenue, USD Million; 2018 - 2030)
Hospitals
Transplant Centers
Others
Transplantation Regional Outlook (Revenue, USD Million; 2018 - 2030)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
China
Japan
India
Australia
South Korea
Thailand
Latin America
Brazil
Mexico
Argentina
Middle East and Africa
Saudi Arabia
South Africa
UAE
Kuwait
List of Key Players in Transplantation Market
AbbVie, Inc.
Arthrex, Inc.
Zimmer Biomet
Medtronic
Novartis AG
Stryker
21st Century Medicine
BioLifeSolutions, Inc
Teva Pharmaceuticals
Veloxis Pharmaceuticals
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The Sweden Software Development market size is analyzed to be $7,720.7 million in 2021 and is projected to reach $10,856.3 million in 2027,
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