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Online Language Learning Market Worth $10.5 Billion by 2025| Market Insights, Size, Share, & in-coming Trends
Meticulous Research®– leading global market research company published a research report titled “Online Language Learning Market by Product (Course, Solution, Support), Type (English, French, Spanish, Mandarin, Arabic, Japanese, Italian, German), End (Individual, Corporate, Educational Institution, Government Institution)- Global Forecast to 2025”. According to this latest publication from Meticulous Research®, the global online language learning market is expected to grow at a CAGR of 13.1% from 2019 to reach $10.5 billion by 2025. The growth in online language learning market is mainly attributed to the globalization and growing need for communication across borders, growing E-learning market, and rise in number of online language learning start-ups. Moreover, technological advancements, flexible pricing structure, and growing competition are the major trends in this market. However, high cost of implementation and regulations pertaining to data security and privacy are the key factors expected to hinder the adoption of online language learning products and services.
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Growth Prospects in Online Language Learning Market
The global online language learning market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by product (courses, solutions, and support), by type (English, French, Spanish, Mandarian Chinese, German, Italian, Arabic, Japanese, Korean, and Other language), end user (individual learners, corporate learners, educational institutions, and government institutions), and geography. The study also evaluates industry competitors and analyzes the market at a regional and country level.
Based on product, the courses segment is estimated to account for the largest share of the overall online language learning market in 2019. The growing need for higher level skills in the workforce, an increasingly diverse student population, globalization, and the demand for lifelong learning are the key factors attributed to rising demand for multiple language learning courses.
Based on language type, English language is estimated to account for the largest share of the overall online language learning market in 2019. The large share of this segment is mainly attributed to the growing need of learning English for businesses to communicate with customers, employees, and officials in the target market.
On the basis of end user, the individual learners segment is estimate to hold the largest share in the global online language learning market in 2019. This is primarily attributed to growing demand for second language learning, need for personalized content, rising number of enrollments in foreign universities, and growing trend to find better opportunities in foreign countries.
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This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia, Poland, the Netherlands, Belgium, Sweden, Austria, Switzerland, Finland, Norway, Turkey, Ireland, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Taiwan, Hongkong, New Zealand, and RoAPAC), Latin America (Brazil, RoLATAM), and Middle East & Africa (Saudi Arabia, and others).
Geographically, Europe commanded the largest share of the global online language learning market, followed by North America and Asia Pacific. However, Asia Pacific region is expected to grow at the highest CAGR during the forecast period. Growth in this market is expected to be driven by emerging economies in the region, rising enrolment in online higher education, influx of multinational companies, significant young population looking for better job opportunities, increasing penetration of smartphones, increasing digitization of content, government initiatives for national online education networks, and shortage of teachers in rapidly developing countries.
The key players operating in the global online language learning market are Berlitz Corporation, Rosetta Stone Inc., Memrise Inc., Inlingua International Ltd., Sanako Corporation, Duolingo Inc., Lesson Nine GmbH, Busuu Ltd, WeSpeke Inc., iTutor Group, Open Education LLC, and Linguistica 360, Inc. among others.
Key questions answered in the report-
Which are the high growth market segments in terms of product, type, end user, and region/countries?
What was the historical market for online language learning across the globe?
What are the market forecasts and estimates for the period 2019–2025?
What are the major drivers, restraints, challenges, and opportunities in the global online language learning market?
Who are the major players in the global online language learning market?
How is the competitive landscape and who are the market leaders in the global online language learning market?
What are the recent developments in the global online language learning market?
What are the different strategies adopted by the major players in the global online language learning market?
What are the geographical trends and high growth regions/ countries?
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#online language learning#research#languge learning#software market#iot technology#artificial intelligence#reports#growth#market#technlogy
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Explore the Future of Environmental Monitoring Market to be Worth $21.08 Billion by 2025 With the latest development and Trends
Meticulous Research®– leading global market research company published a research report titled “Environmental Monitoring Market by Product {[Monitor (Fixed, Portable)], Sensors [Type (Analog, Digital), Component (Particulate, Chemical, Humidity, Noise), Software]}, Sampling Method (Continuous Monitoring, Active), Application - Forecast to 2025”. According to this latest publication from Meticulous Research®, the global environmental monitoring market is expected to grow at a CAGR of 7.5% from 2019 to reach $21.08 billion by 2025.
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The high growth of environmental monitoring market is mainly attributed to the increasing government funding, development of policies and initiatives to reduce environmental pollution levels, rising installations of environmental monitoring stations, and increased public awareness regarding the environmental pollution. The use of Internet of Things (IoT) technology and nanotechnology for environmental monitoring products and use of unmanned aerial vehicles for remote environmental sensing offer significant growth opportunities for the players operating in this market. However, high cost, trade barriers on environmental technologies, and slow adoption& implementation of pollution control policies in emerging countriesare the key factors expected to hinder the adoption of environmental monitoring products over the coming years.
Key Market Segments to Watch
The global environmental monitoring market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by Product{[Monitor (Fixed, Portable)], Sensors [Type (Analog, Digital), Component (Particulate, Chemical, Humidity, Noise), Software]}, Sampling Method (Continuous monitoring, Active), Application.The study also evaluates industry competitors and analyzes the market at regional and country level.
On the basis of product, the environmental monitoring sensorssegment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed to ease of equipment handling and their advantages such as operational flexibility, versatility, small equipment size, low maintenance cost. The growth in this market is driven by growing adoption of environmental monitoring technologies among different industry segments and technological advanceslike miniaturization of sensors and sensor components. Among the environmental monitoring sensorsmarket by component, particulate detectionsegmentaccounted for the largest share in 2018. The rising levels of atmospheric particulate matter-PM2.5 and PM10 in the air, rise in air pollution due to increasing industrialization and urbanization, and increasing government restrictions to prevent air pollutants from exceeding the prescribed limits supported the largest share of this segment in 2018.
On the basis of sampling, the continuous monitoringsegment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed to their adoption owing to its ability to analyze the pollutants at a faster rate, to detect the increasing or decreasing pollutant concentration within time, ability to ensure fast corrective action, increased public access to information, and improved control over the impacts on the environment.
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On the basis of application, air pollution monitoring segment accounted for the largest share of the global environmental monitoring market in 2018.The large share of this segment is attributed todevelopment of environment-friendly industries, increasing public awareness related to the environmental and healthcare implications of air pollution, and increasing public-private funding towards development of air pollution monitoring technologies. Also, the growing pressure on governing bodies to put forth strict guidelines and regulations to control air pollutionfrom rapid industrializationis supporting the growth in this segment.
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (Japan,China, India, and RoAPAC), Latin America, and Middle East & Africa. North America commanded the largest share of the globalenvironmental monitoring market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific region is expected to grow at the highest CAGR during the forecast period due toincreasing implementations of environmental monitoring and protection policies from governments in the region, and increasing compliance from industrial facilities towards environmental monitoring regulations laid down in respective countries.
The key players operating in the global environmental monitoring market areHoneywell International Inc., Teledyne Technologies Incorporated, Merck KGaA, Siemens AG, General Electric, HORIBA, Ltd, ACOEM Group, Agilent Technologies, Inc., Thermo Fisher Scientific Inc., Danaher Corporation, TE Connectivity, Emerson Electric Co., Shimadzu Corporation, and Testo SE & Co. KGaA.
Key questions answered in the report-
Which are the high growth market segments in terms of product, sampling, application,and region/countries?
What was the historical market for environmental monitoring across the globe?
What are the market forecasts and estimates for the period 2019-2025?
What are the major drivers, restraints, opportunities, and trends in the global environmental monitoringmarket?
Who are the major players in the global environmental monitoringmarket?
How is the competitive landscape and who are the market leaders in the global environmental monitoringmarket?
What are the recent developments in the global environmental monitoringmarket?
What are the different strategies adopted by the major players in the global environmental monitoringmarket?
What are the geographical trends and high growth regions/ countries?
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#environment#monitoring#temperature#research#market#environmental monitoring market#Internet of Things#artificial intelligence#technology
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Machine Learning as a Service Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
Meticulous Research® – leading global market research company is researching on machine learning as a service market titled “The Global Machine Learning as a service Market by Component (Software, Services), End-User (Aerospace & Defence, IT & Telecom, Energy & Utilities, Public Sector, Manufacturing, BFSI, Healthcare, Retail, Others), Organization Size (Large Enterprises, SME), Application (Marketing & Advertising, Fraud Detection, Digital Security), and Region - Global Forecast to 2025”.
The increasing rate of adoption for IoT and automation systems in industries is expected to drive the growth of global machine learning as a service (MLaaS) market. Improving customer experiences by strengthening sales and marketing with greater insights is one of the primary catalysts driving the machine learning adoption today. Several industrial automations are driven by billions of connected devices. Owing to IoT, smart and connected technologies have increased the pace of data that is being created, exponentially. Thus, industries are finding opportunities to explore this data and devise new solutions in order to improve the existing infrastructure and operating efficiencies. Thus, the increased adoption of automation in all business segments and constant innovation in automated technology that aids to reduce the time and overhead expenses supports demand for machine learning as a service across the globe.
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Small & Medium Enterprises to Record the Highest Growth rate during the Forecast Period
Based on organization size, small & medium enterprises segment is expected to grow at the highest CAGR in the machine learning as a service market during the forecast period. MLaaS provide dynamic data for flexible, responsive, and customer-focused small & medium enterprises as per their preference. MLaaS provide an opportunity for SMEs to dip their toes into using analytics in their day to day operations and thus increase their efficiency.
Network Analytics and Automated Traffic Management Application of the Machine Learning as a Service Market is projected to Grow at the Highest CAGR during the Forecast Period
Based on application, network analytics and automated traffic management application are expected to grow at the highest CAGR during the forecast period as machine learning is considered as a pivotal tool for network analytics and automated traffic management. Large amounts of cross data are generated through network infrastructure on an everyday basis. With the advent of big data analytics, it has become possible to apply network-rich metrics to supply unmatched understanding into the IT infrastructure.
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Asia-Pacific: The Fastest Growing Regional Market
Geographically, North America dominated MLaaS market in 2018. The factors such as rapid market penetration and presence of large number of players are driving the market growth. However, APAC market is estimated to grow at the highest CAGR between 2019 and 2025. The growth of this market is mainly attributed to increase in the number of start-ups and shifting focus towards atomization and positioning of new technologies to reduce the costs.
Key Players
The key players operating in the global MLaaS market are Google Inc. (U.S.), Microsoft Corporation (U.S.), FICO (U.S.), BigML, Inc. (U.S.), Amazon Web Services (U.S.), Ersatz Labs Inc. (U.S.), Yottamine Analytics (U.S.), Predictron Labs Ltd. (U.K.), H2O.ai (U.S.), IBM Corporation (U.S.), and Hewlett Packard Enterprise (U.S.).
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Global Healthcare Gamification Market To Reach USD 3,780.6 Million By 2022
The global Healthcare gamification market will increase at a CAGR of 54.7% from 2017 to 2022 to USD 3,780.6 million by 2022, driven by growing technological advancements, rising use of smartphones, changing lifestyle, increasing digitalization, and growing focus on wellness at the workplace.
The conception of the term gamification has drawn the attention of many non-gaming industries, including education, retail and consumer goods, entertainment, media and publishing, travel and logistics, banking and financial services, and healthcare. In the healthcare sector, gamification is one of the innovative ways to motivate people to influence personal health behavior. The design principles of computer games to healthcare solutions help to influence patient behaviour in order to attain better health. It also helps to promote employee training and procedural learning. This makes healthcare more personalized and user-centric, providing motivation and creating an engaging experience.
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The successful application of gamification has been reported within many health applications such as fitness management, medical training, medication management, physical therapy, and others. This study analyzes the healthcare gamification market for these applications. The global healthcare gamification market is further segmented by product (Enterprise-based Solutions and consumer-based solutions), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). Fitness management application segment holds the largest share in the global healthcare gamification market and is expected to grow at a healthy CAGR in the forecast period, driven by the various technological advancements, increasing penetration of smartphones, tablets, and other mobile platforms; rising focus on patient-centric healthcare delivery; and changing lifestyle and thereby growing focus on the overall fitness.
North America commanded the major share of the global healthcare gamification market and is expected to grow at a significant pace in the coming years. Asia Pacific region also shows a substantial growth in the gamification healthcare market primarily due to the growing population, especially in India and China; increasing adoption of smartphones, and growing gamification and creative innovation initiatives in the region.
The prominent players in the global healthcare gamification market are Microsoft Corporation, Under Armour Inc., Strava Inc., Adidas AG, Apple Inc., FitBit Inc., Jawbone, Nike Inc., Google Inc., Ayogo Health Inc., Rally Health, Inc., Badgeville, Inc., Hubbub Health Inc., Welltok, Inc., Akili Interactive Labs, Inc., Bunchball, Fitocracy, EveryMove Inc., SuperBetter, LLC, Syandus Inc., Mango Health, Medisafe Inc., Reflexion Health Inc., Respond well (a part of Zimmer Biomet), and others.
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Key questions answered in this report:
Which are the high-growth market segments in terms of gamification products, applications, and regions?
What is the historical market for healthcare gamification across the globe?
What are the healthcare gamification market forecasts and estimates from the period 2015-2022?
What are the major drivers, restraints, and opportunities in the global healthcare gamification market?
Who are the major players in the global healthcare gamification market and what percentage of share do they hold in global gamification market?
What are the recent developments in the global healthcare gamification market?
What are the different platforms developed by the major players in the global healthcare gamification market?
How are the various gamification platforms helping users to stay fit and to tackle life problems?
What are the geographical trends related to gamification and high growth regions/ countries?
What are the local emerging players in the global healthcare gamification market and how do they compete with the global players?
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Global Feed Software Market Expected To Reach USD 281.9 Millon By 2022
The global Feed software market will be mainly driven by the growing demand for inclusion of enzymes in feed and quality management, growing animal population, increasing demand for healthy animal food products, growing animal health expenditure and pet insurance, and reduction in feed production cost. However, shortage of veterinarians in emerging markets and low animal health awareness in developing countries is expected to hinder the growth of the market to some extent. In addition, increasing investment in emerging economies further provides significant opportunities for the various stakeholders in the global feed software market.
Feed formulation and feed management have been a major concern to feed producers, animal farmers, and veterinarians all over the world. Feed formulation software calculates a number of feed ingredients that need to be combined to form single uniform diet for animals that accomplish all of their nutrient requirements. Since nutrient values vary according to animals and their age, one need to keep formulating feed at various stages of the animal’s life. This is a tedious job to do manually where as a software can perform various calculations within no time.
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This report analyzes the global feed software market size for 2015, 2016, and 2017, with a forecast till 2022 by software delivery mode (on-premises, and web/cloud based), animal type (ruminants, swine, and poultry), application (feed formulation, feed management, ration balancing, and quality control), end user (feed producers, animal farmers, nutrition consultants, and veterinarians), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
In 2016, North America commanded the largest share in the global feed software market, followed by Europe, and Asia-Pacific. Although North America and Europe will continue to dominate the global feed software market during the forecast period, the Asia-Pacific region is also expected to witness considerable growth in the next few years. This can be mainly attributed to the growing population of livestock and food producing animals and rising per capita income in this region. Additionally, increasing awareness of animal healthcare and the growing number of veterinary hospitals and clinics are some of the key growth drivers for these markets.
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Table of contents:
· Introduction
· Research Methodology
· Executive Summary
· Market Insights
· Feed Software Market, By Mode of Delivery
· Feed Software Market, By Application
· Feed Software Market, By Animal Type
· Feed Software Market, By End User
· Geographic Analysis
· Company Profiles
· Appendix
· List of Tables
· List of Figures
The global feed software market is fragmented with the presence of many local and regional players. The key players in the global feed software market are PrairiE Systems (U.S.), AFOS (U.S.), Cultura Technologies (Georgia), GlobalVet LINK (FeedLINK) (U.S.), Easy Automation, Inc. (U.S.), Landmark feeds, Inc. (Canada), Supervisor Systems (U.S.), Cargill Incorporated (U.S.), MTech-Systems (Georgia), and Feedlogic Corporation (U.S.).
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Gamification Market(2019-2025)|Key Players are Microsoft , Cognizant, Ambition, Axonify Inc., Bunchball Inc.
Gamification Market Solutions (Engagement & Performance Services, Strategic Services, Consulting & Professional Services), by End-use (Banking, Retail, Government, Education, IT & Telecom, Healthcare, Others), by Application (Marketing, Sales, Product Development, Human Resource, Others), by Organization Size (Small and Medium Enterprises, Large Enterprises), and Region - Global Forecast to 2025.
Increasing adoption of innovative technologies such as penetration of devices with display & web and rapid acceptance of social networks are some the key factors driving the global gamification market. It is projected to influence individual’s needs for socializing, knowledge, mastery, rivalry, accomplishment, position, closure, or just their answer to the framing of a situation as a game which encourages companies to move towards gamification.
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Retail segment is projected to Register Exponential Growth during the Forecasted Period in the Gamification Market
Based on end-use, the gamification market is segmented into banking, retail, government, education, education, IT & telecom, healthcare, and others. Among these, the retail segment is expected to be the fastest growing category in the market during the forecast period. The retail segment is on high growth trajectory driven by strategic or engagement services, without distracting the core idea of the business. It offers positive behaviours from customers and employees, leading to a rich brand understanding and higher sales. It also recruits new and frequent customers to store, while offering understandings into how shoppers participate with a brand.
Marketing Segment is expected to Witness the Highest CAGR during the Forecast Period
Based on application, the gamification market is segmented into marketing, sales, product development, and HR. Among these, marketing and sales are projected to grow at the highest rate in the coming years.
Asia-Pacific: The Fastest Growing Regional Market
Geographically, North America, comprising the U.S. and Canada, accounted for the largest share of the global market. However, Asia-Pacific is expected to witness rapid growth during the forecast period. The growth of this market is mainly due to the increasing number of internet and smartphone users in the region and growing strategic collaborative initiatives, especially by using social media integration tools, which led to the greater usage of gamification.
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Table of contents:
· Introduction to Gamification Market
· Research Methodology
· Executive Summary
· Market Insights
· Gamification Market, by Solution
· Gamification Market, by End-use Industry
· Gamification Market, by Application
· Gamification Market, by Organization Size
· Global Gamification Market, by Region
· Global Gamification Market-Competitive Landscape
· Company Profiles (Includes Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
· Appendix
Key Players
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by the leading market participants in the industry. The key players profiled in the gamification market are Microsoft Corporation (US), Cognizant Technology Solution Corp. (US), MPS Interactive Systems Limited (India), Ambition (US), Callidus Software Inc. (US), Axonify Inc. (UK), IActionable Inc. (US), Bunchball Inc. (India), G-Cube (INDIA), Cut-e GmbH (AON, PLC) (GERMANY).
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Digital Transformation Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
Increasing adoption of IoT across the globe is a key factor driving the global digital transformation market. IoT helps to build smart products through new functionality, reliability, greater product capabilities, and product utilization. Many companies are considering IoT to be a strategic tool for business scalability and are helping businesses to generate new and innovative user experiences. As a result, companies are moving toward digital transformation. For instance, in 2015, the Government of India launched ‘Digital India’ program, a plan to digitize government processes, which is aiding the growth of IoT market in India. Thus, increasing adoption of IoT by businesses as well as government is driving the global digital transformation market. According to industry experts, 50% of the Global 2000 companies will be relying on the products, services, and experiences based on digital transformation by 2020. Consequently, digital transformation market is expected to grow with a growth rate of more than 18%.
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Services Category is projected to Register Exponential Growth during the Forecasted Period in the Digital Transformation Market
On the basis of offerings, the digital transformation market is segmented into technology and services. Among these, services expected to be the fastest growing category in the market. Service sector is on high growth trajectory driven by growing digital initiatives of the government and attracting high FDI inflows as well as availability of highly skilled and low-cost manpower in emerging economies. Various infrastructural projects such as smart cities and digitalization are creating high growth opportunities, giving further push to the service sectors, namely communication, healthcare, technology, energy, banking, and others.
The Education Segment is expected to Witness a Highest CAGR during the Forecast Period
On the basis of industry vertical, the education segment of the digital transformation market, which compromises of academic and research industries, is projected to grow at a highest rate in the coming years. Increasing demand for platform independent or cross-platform applications from the education vertical translates into huge growth opportunities for the digital transformation solution vendors.
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Asia-Pacific: Fastest Growing Regional Market
Geographically, North America, comprising the U.S. and Canada, accounted for the largest share of the global market in 2018. However, Asia-Pacific is expected to witness rapid growth during the forecast period. The growth of this market is mainly attributed to the global shift of manufacturing from North America & Europe to Asia-Pacific region and related rise in the use of new technologies. In addition, rising industrialization, significantly growing automotive and aerospace & aviation industry, infrastructural developments, rising private & government investment in manufacturing sectors, rising demand for various consumer goods from large population base, rising income level, and rising urbanization are the key factors propelling the growth of the Asia-Pacific digital transformation market.
Key Players
The key players operating in the global digital transformation market are Dell EMC (U.S.), Cognizant (U.S.), Accenture PLC (Ireland), Google (U.S.), Capgemini (France), Siemens AG (Germany), Cognex Corporation (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Deloitte Touche Tohmatsu Ltd. (U.S.), PricewaterhouseCoopers (PWC) (U.K.), The Hewlett-Packard Company (U.S.), SAP SE (Germany), EMC Corporation (U.S.), Oracle Corporation (U.S.), and Adobe Systems Inc. (U.S.).
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Cloud ERP Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
Meticulous Research® – leading global market research company is researching on cloud ERP market titled “Cloud ERP Market by Functions (Human Capital Management, Sales and Marketing, Inventory and Order Management , Finance and Accounting), End-use Industry (Automotive, Banking & Financial Services, Retail, IT and Telecommunication, Aerospace & Defence, Government and Public Sectors, Education, and Others), Component(Solutions & Services), Organization (Small & Medium Enterprises and Large Enterprises), and Region - Global Forecast to 2025”.
Increasing adoption of cloud-based services with integrated business management and on-demand access to computing services across the world are the key factors driving the global cloud ERP market. Cloud ERP is a shared database that supports several functions used across different business units that relies on the cloud rather than proprietary server infrastructure to support businesses share information across segments. The need for empowering on-demand access to computing and large storing facilities are driving companies towards Cloud ERP. For instance, in 2017, Blackbaud, the world’s leading cloud software company, expanded partnership with Microsoft for pursuing non-profit cloud solutions to create high growth opportunities in the future market.
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The Services Segment is Expected to Register Exponential Growth during the Forecast Period
Based on components, the Cloud ERP market is segmented into solutions and services. Among these, services are expected to be the fastest growing segment in the market. The service sector is on high growth trajectory, driven by enhanced adaptation of cloud computing, raising innovation accessible by digitalization technique, and financial applications. It also reduces redundant task, supplies process management, and improves the precision of financial data. These factors are creating the high growth opportunities which gives a further push to the banking & financial services, retail, government and public sectors, and automotive, among others.
Banking & Financial Services Segment is Expected to Witness the Highest CAGR during the Forecast Period
Based on end-use industry, the banking & financial services segment of the Cloud ERP market is expected to grow at the highest rate in the coming years. Cloud ERP maintains operational efficiency and provides solutions and services that can benefit enterprises across the BFSI to compete with today’s digital world. It also minimizes huge infrastructure cost by providing business flexibility and professional and advisory services, which ultimately increases the growth opportunities for cloud-based ERP market during the forecast period.
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Asia-Pacific: The Fastest Growing Regional Market
Geographically, North America, comprising the U.S. and Canada, accounted for the largest share of the global market. However, Asia-Pacific is expected to witness rapid growth during the forecast period. The growth of this market is mainly attributed to the adoption of advanced technologies, such as cloud computing, artificial intelligence, big data analytics, IoT, machine learning, and digital transformation. The related rise in the use of new technological advancements and a surge in applications of cloud-based ERP in BFSI, government, and retail fields are majorly attributed to the large of share this region. For instance, in 2017, Oracle launched a GST acquiescent ERP cloud for India, which will help companies to prepare for the GST and the country’s transformational tax reforms. Moreover, the necessity for crystalline and efficient business processes in various industries is also anticipated to drive the growth of cloud-based ERP software market, especially in Asia-Pacific region.
Key Players
The key players operating in the global cloud ERP market are Oracle Corporation (US), SAP SE (Germany), Workday (US), Ramco Systems (India), IQMS (US), Rootstock Software (US), Infor (US), Unit4 (Netherlands), Microsoft Corporation (US), Sage Software (UK), Acumatica (US), Deltek (US), Plex Systems (US), and QAD Inc (US).
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Big Data Security Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
Meticulous Research® – leading global market research company is researching on market titled “Big Data Security Market by Product Offering (Software, Services), End-use Industry (BFSI, Government, Energy & Utilities, Healthcare, Manufacturing, Retail, Telecom & IT, Transportation & Logistics, Other), Technology (IAM, SIEM, UTM, IDS/ IPS, UTM, Others), Organization Type (Small & Medium Enterprises, Large Enterprises), and Region - Global Forecast to 2025’’.
E-commerce industry is witnessing some dynamic but positive changes. The e-commerce sector has seen unprecedented growth in the past few years. The growth was driven by rapid technology adoption led by the increasing use of devices such as smartphones and tablets and access to the internet through broadband, 4G, etc., which led to an increased online consumer base. Furthermore, favored demographics and growing internet user base helped aid this growth. Moreover, there are five ways with which big data will continue changing the face of e-commerce, such as increased shopper analysis, improved customer service, easier and more secure online payments, continued advances in mobile commerce, and virtual reality advancements in the retail world. Therefore, growing e-commerce industry is expected to propel the growth of the global big data security market significantly in the next few years.
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The big data security market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025 – by product offering, end-use industry, application, organization size, and vertical. The study also evaluates industry competitors and analyzes the market at regional and country level.
BFSI End Use Segment is Expected to Dominate the Market during the Forecast Period
Based on Vertical, the big data security market is segmented into BFSI, government, energy & utilities, healthcare, manufacturing, retail, telecom & IT, transportation & logistics, and others. In 2018, BFSI accounted for the largest share of the global big data security market. The large share of this segment is attributed to the increasing corporate data, customer transactions, and critical information of the customer; increasing use of cloud-deployed online services; rising need for minimizing the risks and frauds that occur every day; and growing need for cost-effective and accessible solutions.
Asia-Pacific: The Fastest Growing Regional Market
North America commanded the largest share of the global big data security market in 2018, followed by Europe, Asia-Pacific, Middle East & Africa, and Latin America. However, Asia-Pacific is the fastest growing regional market due to the increasing investments; growing adoption of emerging technologies; developing IT infrastructure; rapid developing economies such as China, India, Singapore, and Malaysia; rise in cybersecurity attacks in the past few years; and significant growth opportunities for the new vendors.
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Key Players in the Big Data Security Market
The report includes an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019). For instance, in February 2017, IBM Corporation has acquired Agile 3 Solutions. This acquisition provided IBM another tool in its security arsenal to provide more valuable insight to key decision makers, which is expected to help them sell more security services.
The major players operating in the global big data security market are AlienVault, Inc. (U.S.), Amazon Web Services(U.S.), Centrify Corporation (U.S.), Check Point Software Technologies Ltd. (Israel), Cloudera, Inc. (U.S.), DataVisor, Inc. (U.S.), Dell Technologies Inc. (U.S.), FireEye, Inc. (U.S.), Fortinet, Inc. (U.S.), Gemalto NV (Netherlands), Hewlett Packard Enterprise Company (U.S.), Hortonworks, Inc. (U.S.), IBM Corporation (U.S.), Imperva, Inc. (U.S.), Informatica Corporation (U.S.), LogRhythm, Inc. (U.S.), McAfee, LLC (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Pivotal Software, Inc. (U.S.), Proofpoint, Inc. (U.S.), Rapid7, Inc. (U.S.), Symantec Corporation(U.S.), and Zettaset, Inc (U.S.).
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Artificial Intelligence in Manufacturing Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
Meticulous Research® – leading global market research company researching a market titled “Artificial Intelligence in Manufacturing Market by Offering (Hardware, Software, and Services), End-use Industry (Semiconductors & Electronics, Energy & Power, Pharmaceuticals, Chemical, Medical Devices, Automobile, Heavy Metal & Machine Manufacturing, Food & Beverages, Others), Technology (Machine Learning, NLP, Context-Aware Computing, and Computer Vision), Application (Predictive Maintenance, Material Movement, Production Planning, Field Services, Quality Management, Cybersecurity, Industrial Robotics, and Reclamation), and Region – Global Forecast to 2025’’.
The factors such as digital transformation of manufacturing, ongoing convergence of big data, IoT, and the usage of robots in combination with other technologies, are changing the face of manufacturing technology landscape and the face of manufacturing itself. Big Data and the IoT technologies have made their mark in the manufacturing sector and provide companies a competitive advantage. When IoT combined with big data analytics, it has helped manufacturers enhance their security, reduce financial risk, eliminate production downtime, and increase the quality of processes and products. Moreover, according to the International Federation of Robotics (IFR), over 1.8 million industrial robots were in operation globally at the end of 2016 and grow over 3 million by the end of 2020, representing an average annual growth rate of 14% between 2017 and 2020. In addition, about 6.8 million service robots were sold in 2016 and this figure is expected to reach over 51 million in the period between 2017 and 2020. Thereby, increasing usage of robots, Internet of Things (IoT), and big data technology is expected to propel the artificial intelligence in manufacturing market significantly in the next few years growing with a growth rate of more than 50%.
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Automobile Industry Dominates the Global Artificial Intelligence in Manufacturing Market, by End-Use Industry
Based on end-user, the global artificial intelligence in manufacturing market is segmented into semiconductors and electronics, energy and power, pharmaceuticals and chemical, automobile, heavy metals, machine manufacturing, food and beverages, and others. Automobile industry dominated the global artificial intelligence in manufacturing market in 2018, mainly due to installations of industrial IoT and usage of big data, and rising use of machine learning and computer vision technology in machinery inspection.
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Hardware Segment to Register the Highest Growth, by Offering
Based on Offering, the global artificial intelligence in manufacturing market is segmented into hardware, software, and services. The hardware segment is expected to register the highest CAGR during the forecast period. This is mainly attributed to the increasing need for hardware platforms with high computing power to run various AI software.
Asia-Pacific: The Fastest Growing Regional Market
North America commanded the largest share of the global artificial intelligence in manufacturing market in 2018, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa. This is due to the increasing use of robotics and other computer technology, remarkable presence of the manufacturing industry, and adoption of novel technologies in the manufacturing sector. Moreover, increasing investment in AI technology in emerging economies such as China and India are driving the market growth in Asia Pacific
Key Players in the Artificial Intelligence in Manufacturing Market
The major players operating in the global artificial intelligence in manufacturing market are AIBrain Inc. (U.S.), Amazon Web Services, Inc. (U.S.), Apple Inc. (U.S.), Cisco Systems, Inc. (U.S.), Citrine Informatics, Inc. (U.S.), Darktrace Limited (U.K.), DataRobot, Inc. (U.S.), Dell Inc. (U.S.), General Electric Company (U.S.), General Vision Services Inc. (U.S.), Google Inc. (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Micron Technology (U.S.), Microsoft Corporation (U.S.), Mitsubishi Electric Corporation (Japan), NVIDIA Corporation (U.S.), Oracle Corporation (U.S.), Preferred Networks, Inc. (Japan), Progress Software Corporation (U.S.), Rockwell Automation, Inc. (U.S.), SAP SE (Germany), Siemens AG (Germany), Sight Machine Inc. (U.S.), Skymind, Inc. (U.S.), Tamr Inc. (U.S.), UBTECH Robotics, Inc. (China), and Vicarious Inc. ( U.S.).
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Automotive Artificial Intelligence Market - Global Opportunity Analysis and Industry Forecast (2019-2025)
Meticulous Research® – leading global market research company researching on market titled “Automotive Artificial Intelligence Market by Offering (Hardware, Software), Technology (Machine Learning, Deep Learning, Computer Vision, Context Awareness, Natural Language Processing), Process (Image Recognition, Signal Recognition, Voice Recognition, Data Mining), Drive (Autonomous Drive, Semi-autonomous Drive), and Region – Global Forecast to 2025’’.
Autonomous vehicle is a quite novice concept in automobiles which is still in its nascent stage of development. Autonomous vehicles are capable of reading and sensing the environment and operates without human input. These vehicles are packed with several features such as less driver stress and tedium, automatic parking, autopilot mode, and others. Furthermore, it provides independent mobility for non-drivers, including people with disabilities, adolescents, and others who for any reason are not capable of driving. Nowadays, several major automotive manufacturers are contributing towards the development of semi-autonomous and fully autonomous vehicles and AI plays vital part in this. At present, Tesla’s autopilot is the only partial-autonomous system on the market. Tesla’s autopilot system equipped with advanced AI has features such as keeping the vehicle within a lane while driving, auto changing the lanes whenever required, self-parking, and others. Meanwhile, other automotive giants including BMW, Volvo, Nissan, Mercedes, Audi, GM, Ford, and Toyota are introducing several autonomous features powered by AI such as departure warning and auto-parking. Thereby, growing demand for autonomous vehicle is expected to propel the growth of the automotive artificial intelligence market significantly in the next few years.
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Key Findings in the Global Automotive Artificial Intelligence Market Study:
Deep Learning Dominates the Global Automotive Artificial Intelligence Market, by Technology
Based on Technology, the global automotive artificial intelligence market is segmented into machine learning, deep learning, computer vision, context awareness, and natural language processing. Deep learning dominated the global automotive artificial intelligence market in 2018, mainly due to increasing investment by many companies in the development of self-driving cars in which the deep learning technology is used for image processing, data analysis, motion detection, and voice search. It also registers the highest CAGR during the forecast period.
Data Mining Segment to Register Highest Growth, by Process
Based on Process, the global automotive artificial intelligence market is segmented into signal recognition, image recognition, and data mining. The data mining segment is expected to register the highest CAGR during the forecast period. This is mainly attributed to the large volumes of data generated and processed in a vehicle.
Asia-Pacific: The Fastest Growing Regional Market
North America commanded the largest share of the global automotive artificial intelligence market in 2018, followed by Europe, Asia-Pacific, Middle East & Africa, and Latin America. This is due to the early adoption of artificial intelligence technology and presence of major automotive manufacturers. However, the Asia-Pacific is the fastest growing regional market due to the growing population and economies, rising living standards, rapid improvement in data storage capacity, high computing power, increasing investment by technology leader, and government initiatives to promote manufacturing activities in developing countries such as India, South Korea, and China.
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Key Players Operating in the Automotive Artificial Intelligence Market
The major players operating in the global automotive artificial intelligence market are Alphabet Inc. (U.S.), Audi AG (Germany), Bayerische Motoren Werke AG (Germany), Daimler AG (Germany), Didi Chuxing Technology Co., Ltd. (China), Ford Motor Company (U.S.), General Motors Company (U.S.), Harman International Industries Inc. (South Korea), Honda Motor Co. Ltd.(Japan), Hyundai Motor Corporation (South Korea), IBM Corporation (U.S.), Intel Corporation (U.S.), Micron Technology, Inc. (U.S.), Microsoft Corporation (U.S.), NVIDIA Corporation (U.S.), Otto Motors (U.S.), Qualcomm Inc. (U.S.), Tesla Inc. (U.S.), Toyota Motor Corporation (Japan), Uber Technologies Inc. (U.S.), Volvo Car Corporation (Sweden), Volkswagen Group (German), Waymo LLC (U.S.), and Xilinx Inc.(U.S.).
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Artificial Intelligence in Healthcare Market In Healthcare Market Worth $27.6 Billion By 2025
The global healthcare artificial intelligence market is expected to grow at a CAGR of 43.5% from 2018 to reach $27.6 billion by 2025. The high growth of Artificial Intelligence (AI) in healthcare market is mainly attributed to factors such as rising funding in healthcare artificial intelligence, growing demand of precision medicines, effective cost reduction in the healthcare expenditure, and accurate & early diagnosis of the chronic diseases and disorders. However, reluctance in adopting AI technologies among the end users and lack of trust & potential risks associated with AI in healthcare is restricting the growth of this market to a certain extent.
The global artificial intelligence market in healthcare study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2025-by product (hardware, software, and services), technology (natural language processing (nlp), context aware processing, machine learning, and querying method), application (medical imaging and diagnosis, patient data and risk analytics, hospital workflow management, drug discovery, patient management, precision medicine, and other applications), and end user (hospital & diagnostic centers, pharmaceutical and biotechnology companies, healthcare payers, patients, and other end users). The study also evaluates industry competitors and analyzes the market at regional and country level.
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On the basis of product, software segment commanded the largest share of the global artificial intelligence market in healthcare in 2018. However, services segment is expected to grow at a fastest CAGR during the forecast period, owing to the technology developments in Healthcare IT industry. Moreover, many of the global healthcare IT companies, medical device companies, and technology providers are continuously focusing on developing AI-based solutions for the healthcare industry.
On the basis of technology, natural learning process commanded the largest share of the global market in 2018. Major factors propelling the growth of NLP technology is the rising adoption of NLP in clinical documentation and automated coding in claims submissions. On the other hand, the use of AI in drug discovery and development applications is also supporting the growth of the healthcare AI market among pharma and biotech companies, CROs, and other non-healthcare provider end-user segments.
On the basis of application, hospital workflow management accounted for the largest share of the global market in 2018. The large share of this segment is mainly attributed to greater penetration of AI-powered chatbots and smart speakers among healthcare providers. Increasing adoption of AI-based solutions for managing various tasks such as scheduling appointments; checking insurance coverage parameters; instantly accessing information about drug interactions and side effects are some of the key factors driving the growth of this market.
In 2018, hospitals and diagnostics centers end user segment accounted for the largest share of the global artificial intelligence market in healthcare. Rising adoption of IT in healthcare organizations, increasing focus towards development of precision medicine approaches, and increasing number of collaborations among hospitals and companies for the development and implementation of customized AI solutions are some of the major factors attributed to the large share of this end user segment.
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This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and RoAPAC), Latin America, and Middle East & Africa. North America commanded the largest share of the global artificial intelligence market in healthcare in 2018, followed by Europe and Asia Pacific. However, Asia Pacific region is expected to grow at a higher CAGR during the forecast period. Growth in this market is expected to be driven by rise in adoption of precision medicine, and remarkable growth in venture capital investments. In addition, significant use of big data in the healthcare sector is expected to fuel the market growth. The growing technological innovation and demand from China is the primary driver for healthcare AI market in the APAC region.
The major players operating in the global artificial intelligence market in healthcare are General Electric (GE) Company (U.S.), Intel Corporation (U.S.), IBM Corporation (U.S.), Nvidia Corporation (U.S.), Microsoft Corporation (US), iCarbonX (China), Enlitic, Inc. (U.S.), General Vision Inc. (U.S.), Alphabet Inc. (U.S.), Verint Systems (U.S.), and Welltok, Inc. (U.S.) among others.
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