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Smart Transportation Market 2020 Emerging Technologies, Sales Revenue, Key Players Analysis, Development Status, Opportunity Assessment And Market Strategies 2025

Advances in computational functionalities and fast paced developments in connected devices, coupled with seamless access to pervasive internet have ushered need transformation amongst urban population.

Factors such as skyrocketing rise in global population, improved inclusiveness within the ambit of middle-class urban population, and affordable availability of automobile variants have catapulted large scale adoption of automobile across global spectrum. Besides unperturbed rise in technological sophistication, growing burden of road accidents and mishaps on the back of compromised transportation networks have further enunciated advances in transport management.

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Burgeoning advances in autonomous vehicles is also expected to tangibly propel swelling adoption to smart transportation system in the forthcoming years. Smart transport system is a revolutionary upliftment of manual transportation monitoring system into a digitized environment to effectively monitor transit management of passengers and goods alike with negligible chances of human error.

With significant advances in economic inclusivity and undying progress in transportation system as well as large scale adoption of automobiles worldwide, factors such as road congestion, inappropriate parking patterns, as well as widespread road accidents often leading to fatality, have prompted palpable advances in smart transportation system in the past decade.

Transportation of passengers as well as freight is constantly challenged by an inferior transport infrastructure, affecting economies and time management at large. Developments such as adequate public transport system are constantly being upgraded with conjunctive solutions in transportation and connectivity, thus initiating rampant dependence and concurrent growth in smart transportation market in forthcoming years.

For numerous factors discussed henceforth, smart transportation system is expected to not only revolutionize commute communication at a mass scale, it is also anticipated to herald progressive alterations across logistics industry. Growing e-commerce industry with stupendous service upgradation such as same day delivery and delivery beyond geographical limitations are estimated to further intensify reliance and concurrent adoption of smart transportation system.

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Complying with emerging consumer tendency for improved services such as constant tracking and improved security of freight, e-commerce space has been constantly upgrading to improved logistics support. These advances are anticipated to fetch numerous milestones in smart transportation market in the near future.

Needless to mention, real time tracking of goods empowers enterprises to render spontaneous and informed delivery decisions, thus improving user experience. Further, IoT backed transport data such as real time positions of vehicles used in logistics enables consumers to attain exact ETA (Estimated Time of Arrival), thus further enhancing consumer satisfaction and subsequent retention. In this light, benefits such as real time location assessment as well as optimized asset management is like to drive adoption of smart transportation system across end-use industries such as logistics and e-commerce.

Mature economies which are pushing their boundaries in trade and commerce are vehemently relying on IoT and connected devices to stay ahead in the league. In this given line, it is imperative to discuss the ongoing strides made in Turkey which is ahead in the ball game of optimum transport advances on the back of its superlative transportation and logistics capabilities. On the back of a staggering population and constant advances in trade and commerce Turkey has of late embraced new technologies thus manifesting sustainable lead in smart transportation market.

With receding rural population and steadily growing urban fringe, Turkish municipalities have increased their transport system budgeting to about 40% from a former 20% allocation. Coinciding with its growth objective to emerge as a top ten global economy, and its strategic agreement with the EU, rapid growth in transportation and logistics is imperative to adhere to EU transportation norms. These developments are therefore likely to bode well with growth in smart transport system market.

Additionally, developing economies across APAC and ASEAN economies are offering ripe growth triggers for improved transportation and logistics system. Besides evident growth efforts leveraged by federal governments a fast-growing middle-class population in the region is an eminent growth booster.

The situation has propelled consumerism, thereby allowing entrepreneurs to traverse an extra mile to satiate consumer expectations with improved transport and logistics support, which remains crucial for most consumer centric industries.

Synchronization in online and offline sales channels further intensifies dependence on an unfailing logistics network. Additionally, Singapore’s objective of Smart Nation Plan further necessitates larger control on logistics and transportation system. Ownership of connected devices and error-free data exchange via affordable wireless technology are expected to lend a multi-layered growth blanket to smart transportation market in Singapore.

Smart City Initiatives Setting the Course for Advanced Smart Transport Market

The smart transportation market is growing at an astral rate and is anticipated to trigger a magnificent market valuation of over xx billion USD in the year 2015, elevating from its former value of xx billion USD during the historical year of 2018, clocking in a decent CAGR of xx% through the forecast tenure.

Smart transportation market is expediting at an astral pace and is poised to remain steady with rapid strides in smart city infrastructure picking up pace across regions.

shared mobility is a significant trend in modern transportation model. Factors such as empathetic concerns towards environmental sustainability and judicious utilization of resources set the course for success shared mobility structure across the globe. Growing investments and stakeholders in shared ride services further strengthen scope for smart transportation system with integrated mapping services linked to smart devices.

Expanding boundaries of urbanization have set the course for smart city dwelling with advanced technologies and connected devices infrastructure. Smart city vision has been making ripe advances for sustainable accommodation. Developed as well as developing economies are fast treading the path of smart city infrastructure. To perfectly blend the concept of sustainable living advances in smart transportation id highly recommended. Smart city expeditions are catching up fast across emerging economies. Singapore has recently bagged its maiden recognition as Smart City of 2018 at Smart City Expo World Congress organized in Barcelona.

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Additionally, China has been making big in smart city development with fund allocation by tech giants. Companies such as Huawei, Tencent, Alibaba, and Ping An have come up with a vision to transform as many as 500 Chinese cities into smart cities, under their collaborative initiative, PATH. Developments as such offer substantial backing for advances in smart transportation market.

Favoring intelligent and wise decision making in smart transportation market, this section of the report has rightly segregated smart transportation market into broad segments such as type, application, and region. By application, smart transportation market is bifurcated into commercial and personal amongst others. The following is a systematic representation of application wise stratification in smart transportation market.

By Application

Road Safety

Public Transport

Automotive Telematics

Traffic Management

Freight Management

Environmental Protection

Others

Amongst these applications, freight as well as traffic management are likely to witness surged adoption, enabling multifold growth in smart transportation market.

The following is a systematic representation of type wise stratification in smart transportation market.

By Type:

Advanced Public Transportation System (APTS)

Advanced Traveler Information System

Commercial Vehicle Operation

Vehicle-to-Vehicle Interaction

Advanced Traffic Management System

Vehicle-to-Infrastructure Interaction

Enabled Transportation Pricing System

By regional diversification, smart transportation market is demarcated into Europe, North America, South America, APAC, and MEA.

The following is a systematic representation of region wise stratification in smart transportation market.

By Region:

North America

Europe

APAC

Latin America

MEA

RoW

Despite ample initiatives for establishing smart transportation across cities, economies are facing bottlenecks such as budget constraints, and sluggish infrastructure development, more emphatically across emerging countries. However, ample funding solutions as well as investments such as smart vehicle development across these growing regions is likely to manifest growth transitions in smart transportation market. Factors as such have favored North America’s leading stance in smart transportation market, with APAC likely to maintain its second lead.

A Glance at Competition Spectrum: Smart Transportation Market

In the succeeding sections, the report jots crucial understanding on vital developments and forerunners in smart transportation market. The report is aimed to enable lucrative business strategies by industry stalwarts and amateur aspirants in smart transportation market. The report specifically highlights major market movements and lucrative business strategies that render promising revenue pools in smart transportation market. Some of the leading players in smart transportation market comprise, Siemens, FLIR Systems, Thales, Denso and others.

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Global Over The Counter Countraceptive Market 2019 Overview by Demand, Application, Development, Evolving Technology, Trends and Industry Analysis : 2025

Owing to the significantly large consumer base, very high usage and government programs and initiatives to address the unmet needs of the women of the reproductive age, contraceptive pill were dominating the market on 2014. The global over-the-counter contraceptives market size was valued at USD xx million in 2018 and is expected to grow by USD xx million at a CAGR of x.x% during the forecast period.

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Owing to the increasing the prevalence of sexually transmitted diseases and growing need for population control, the global contraceptives market is estimated to grow on a lucrative rate. Implementation of initiatives aiming at curbing unwanted pregnancies associated healthcare expenditure and the subsequent growth user awareness levels are expected to drive the contraceptive industry over the forecast period.

According to the U.S. Centers for Disease Control and Prevention, approximately 37% of the birth in the U.S. is a result of unwanted pregnancy, a proportion which has remained stagnant since 1982. Despite all the amount spent on creating awareness, the rate of unplanned pregnancy has not reduced in the US. The US federal policy has taken up measures like increasing the contraceptive availability by mandating its coverage by health insurance companies and permitting the Emergency Contraceptives (ECs) to be available Over-The-Counter (OTC). A recent study published in the lanchet, while training healthcare providers, more impetus is on IUDs and implants as patients are mostly young women. The presence of an extensive product pipeline portfolio is expected to boost industry growth throughout the forecast period.

The largest share of revenue for contraceptives are accounted to the key devices like Male and female condoms, vaginal implants, subdermal implants, diaphragms, sponges, and IUDs. This is attributed to increase the awareness about STDs and the efficiency of condoms to prevent the infections, including HIV. In the recent study, it is discovered that the Subdermal Implants are very much beneficial for women for family planning.

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IUDs , Intrauterine devices are the most accepted forms of long acting reversible contraception and it owns the largest share of the market owing to demand risen in Europe and Asia pacific. The gynecologists are also recommending the IUDs, increasing their market. Mirena, a hormonal IUD is widely used throughout North America and is expected to sustain the growth of the market. Besides Mirena, other contraceptives are Skyla, Jaydess, Nova-T, Flexi-T, Paragard, and others. Contraceptive drugs include pills, topical, and injectable.

The global over-the-counter contraceptives market share is segmented into several classifications including product, distribution channel, and geography. Based on the product, the market is categorized by contraceptive drugs, oral contraceptives, combined contraceptives, mini-pills, contraceptive injectable, topical contraceptive patch, contraceptive devices, male contraceptive devices, male contraceptive devices, female contraceptive devices, femal condoms, contraceptive diaphragms, contraceptive sponges, contraceptive vaginal rings, intrauterine devices, sub-dermal contraceptive implants, non-surgical permanent contraception devices. Furthermore, on the basis of distribution channel the market is segmented into hospitals pharmacy, public, private, independent pharmacy, online platform, clinics, others. On the basis of geography, the market is widely range to North America, U.S., Canada, Europe, Germany, U.K., Russia, Italy, France, Spain, Rest of Europe, Asia-Pacific, Japan, India, China, Australia & New Zealand, Rest of Asia-Pacific, Latin America, Brazil, Mexico, Rest of Latin America, Middle East & Africa, GCC Countries, South Africa, and Rest of Middle East & Africa.

Leading players of the global over-the-counter contraceptive market include Cipla Inc., Mankind Pharma, Mithra Pharmaceuticals, Janssen Pharmaceutical Company, Teva Pharmaceutical Industries Ltd., Allergan plc, Merck Co. Inc., Pfizer Inc., HLL Lifecare Limited, Reckitt Benckiser plc

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Key Segmentation of the Global Over-The-Counter Contraceptives Market 2018-2025

Global Contraceptives Market, by Product

Contraceptive Drugs

Oral Contraceptives

Combined Contraceptives

Mini-pills

Contraceptive Injectable

Topical Contraceptive Patch

Contraceptive Devices

Male Contraceptive Devices

Female Contraceptive Devices

Female Condoms

Contraceptive Diaphragms

Contraceptive Sponges

Contraceptive Vaginal Rings

Intrauterine Devices

Sub-dermal Contraceptives Implants

Non-Surgical Permanent Contraception Devices

Global Contraceptives Market, by Distribution Channel

Hospitals Pharmacy

Public

Private

Independent Pharmacy

Online Platform

Clinics

Others

Global Contraceptive Market, by Geography

North America

US

Canada

Europe

Germany

U.K.

Russia

Italy

France

Spain

Rest of Europe

Asia Pacific

Japan

India

China

Australia & New Zealand

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

GCC countries

South Africa

Rest of Middle East & Africa

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Healthcare CRM Market 2020-2025 Latest Trends, Business Growth, Demand, Advancement, Industry Share & Forecasts

CRM is gaining prominence in healthcare industry as a means to maintain transparent communication with patients. Backed by advances in IT and improved mindfulness, CRM is gradually attaining ubiquity in healthcare industry. As automation is defining a host of industrial activities, healthcare industry remains one of the most prominent adopters of automated sophistication, thereby relying increasingly on CRM solutions. These fast paced advances are likely to remain pertinent growth regulators in healthcare CRM market.

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The key to a successful business model is determined solely by customer satisfaction and customer perceptions of a particular business, judged on a range of varying parameters. The prime amongst them all being customized service delivery. To augment this, need for an integrated business model encompassing personnel expertise, technology, and process improvisation is crucial in healthcare industry.

The scope of e-healthcare and CRM is crucially interdependent and the concept is at a budding stage. However, considering the promising attributed of healthcare CRM market, several vital studies are underway to further expedite opportunities in healthcare delivery.

Therefore, adoption of CRM in healthcare industry is modified business model to redefine patient relationship. Expert services such as interactive two-way communication affected by sophisticated technologies between stakeholders such as patients, hospitals, and life care service providers are effectively delivered by modern communication matrix, thereby fueling growth in healthcare CRM market.

HIPAA Regulatory Compliance to Render Effective and Safe CRM Adoption in Healthcare

Stringency in healthcare and diagnostics tests regulations, such as PAMA (Protecting Access to Medicare Act) is likely to further limit healthcare expenditure. Needless to say, to keep revenue pools remunerative, healthcare stakeholders are betting high on other advanced technologies to withstand stringent acts. Massive reliance on customer relationship management (CRM) is therefore gaining rife interests owing to its ability to limit healthcare expenditure, besides garnering new patient pools besides retaining patient loyalty.

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Developments and regulatory stringency rendered by international regulatory bodies such as Health Insurance Portability and Accountability Act set out dedicated regulations to protect and uphold patient information across eHealth platforms. Therefore, besides overlooking insurance portability, this regulation also delivers data monitoring for accessibility in protected health information (PHI). These developments are expected to leverage million dollar growth in healthcare CRM market on the back of surged adoption across healthcare industry.

Stakeholders dealing in healthcare CRM offerings are especially stretching the extra mile to offset instances of security breach in dealing with sensitive patient data. A HIPAA adhered CRM plan works exhaustively to render expert CRM services pertaining both clinical as well as business insights to deliver tailored services specific to patients. These developments are poised to diversify workability and remunerative returns in healthcare CRM market.

Global expansion in private hospitals and diagnostic centers is considered one of the most prominent reasons for optimistic growth in healthcare CRM market. Features such as patient data safety and accuracy is relatively high in healthcare CRM infrastructure as chances for human errors get significantly diminished. Additionally, as mindful patients are increasingly investing in healthcare insurance, need for appropriate business orchestration becomes more pertinent. A comprehensive overview of customer data, uniquely personified for effective patient management.

Mobile Device Ownership and Pervasive Internet Access Leverage Burgeoning Propulsion in Global Adoption of CRM in Healthcare

Smart phone ownership and affordable access to round the clock internet services to further augment adoption. Technological advances in IT and e-health expansion are vital stepping stones for healthcare CRM. Novel communication tools on digital platform are crucially vital to cater to larger patient streams globally. The trend is immensely aided by large scale internet pervasiveness and smartphone ownership besides other mobile devices.

Mobile technology is one of the rapidly accelerating facets of new-age health delivery models, built on the tenets of quick and flawless access. Services such as seamless co-ordination with physicians is a key aspect in this regard. Additionally, health management on the cloud with rapid transportation of operational data on the cloud is a far-reaching attribute of CRM led healthcare. Maintaining an electronic health record render multilayered benefits in terms of access and safety.

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California Further Expands into Refurbished e-Health Developments, Accelerates Reliance on CRM

With telemedicine expanding at in at an astral pace, backed by exponential rise in geriatric population as well as time constraints amongst young workforce demographics, coupled with stark time constraints limitations, need for telehealth is poised to diversify significantly. Additionally, technological leaps comprising both online message platforms as well as more recent audio-visual integration are likely to elevate adoption on telehealth services. These recent developments are also likely to magnify reliance on patient electronic data maintenance, thus rendering stupendous growth opportunities in healthcare CRM market.

Several high end studies and projects are underway to test the efficacy of telehealth solutions in imparting affordable and accessible on-demand care. In this regard, several federal countries are investing excessively in telehealth, more specifically in mhealth to deliver tangible results, eliminating bottlenecks in healthcare delivery.

To cite an instance, California has updated its telemedicine vertical to accommodate functional improvements in connected health services.

Veteran CRM Player, Salesforce Refurbishes its Cloud Based Home Care for Superlative Care Delivery Model

As the scope for CRM in healthcare is rather diverse, inclusion of new market players is expediting faster. Additionally, to remain industry specific and sustain user preference, established stakeholders are refurbishing their product line to offer specialized services with new feature up-gradation. To cite a relevant development in this regard, Salesforce, one of the veterans in healthcare directed CRM, Salesforce has recently leveraged novel cloud based developments.

The recent service diversity is likely to harness safer and more effective e-healthcare solutions amongst home care service providers, dependent wholly on mobile friendly operations. Features such as improved patient communication and engagement, as well as cloud based engagement model. Salesforce at a recent meet, HIMSS 2019 has doled out expert and improved capabilities in its Health Cloud System, majorly focusing on patient specific care delivery.

Lucrative Funding for New Aspirants to Accelerate Innovations: LeadSquared Secures Funds from Stakeboat Capital

Advances in mobile-first home services that aid care givers establish transparent and scalable communication with other stakeholders associated with patients allow care givers to have greater control in addressing critical patient needs . In the final phase, the newly refurbished CRM healthcare services offers optimum conditions to restructure accurate marketing campaigns directed towards diverse patient groups. These developments are poised to further incremental growth opportunities in healthcare CRM market.

CRM stakeholders are rapidly banking on novel funding aid to leverage excellence in Healthcare CRM market. The trend is catching up exorbitantly across emerging economies across APAC. Recently, an India based CRM veteran, LeadSquared excelling in AI based operations has affirmed its new funds worth USD 3million from Stakeboat Capital. The company is hopeful to expand its services in improved operations as well as fuel global expansion objectives to remain visible in healthcare CRM space. The company is also extending its services across other industries such as education, BFSI, and construction amongst others.

Emerging Economies Rely on Advanced IT Sophistication for Flawless Care Delivery

Developing economies across Asia to remain frontline practitioners of healthcare CRM as more of these nations are favoring e-healthcare infrastructure. Also, as governments are investing considerably towards achieving improved healthcare conditions, globally, surged investments are underway to twin magnificent healthcare developments in the regions. Such aforementioned triggers are poised to rear lucrative growth opportunities in global healthcare CRM market in forthcoming years.

Healthcare sector is ever evolving with multifold diversity in patient needs. In order to equip patients with real time data up-gradation, the healthcare sector is fast embracing software milestones to remain industry specific.

Need for timely and appropriate healthcare solutions delivery, resonating with patient aspirations to manipulate growth in global healthcare CRM market.

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

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Digital Railway Market 2020 Technological Trends, Demand, Growth, Share, Components, Technology, Benefits, Key Manufacturers and Forecast 2025

Where different transportation networks are embracing innovative technologies, such as the marine industry – that has used artificial intelligence techniques to maximize loading capability and improve logistical effectiveness for a few years – there is a perception that railways are lagging behind. But is this a good assessment?

Get more insights at: Global Digital Railway Market 2019-2025

“Digital Railway” is the process of providing analytical data on inventory levels, supply chain shifts, consumer demand, sales, etc. that are critical to marketing and purchasing decisions. The power of mobile and digital technology has enabled retailers to deliver cutting-edge experiences to their customers. Research report provides an excellent amount of market information composed with the help of several key and sub-research techniques.

Digitalization by making a digital model or ‘digital twin’ of the network, can offer benefits across the lifecycle of the rail network – from designing and building new components of the network, to operating and maintaining them. This research and development work is driving the global digital railway market. But is this possible? In 2014, it is supported as a national aerial survey of the complete network for Network Rail – 16,270 kilometers – employing a helicopter with an optical device scanner to capture pictures of the whole network inside an accuracy of three centimeters.

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In addition to increasing capability and automating the design method, the appearance of the network’s ‘digital twin’, beside the broader digitization of the network, support a step-change in quality management practices. This program can mean a radical departure from operating to ancient maintenance schedules, and the ‘break then fix’ model towards taking a proactive, predictive and preventative approach to managing the network’s assets exploitation information collected from the digital rail.

The global digital railway market is categorized into several segmentation including market offerings, application type, and region. On the basis of offerings, the global digital railway market is fragmented into solutions, remote monitoring, analytics, network management, predictive maintenance, security, services, professional services, consulting, system integration and deployment, support and maintenance, and managed services. Based on the application type, the global digital railway market is classified into workforce management, rail operations management, rail automation management, asset management, rail control, rail traffic management, freight management, signaling solution, smart ticketing, passenger experience, and others. Regionally the global digital railway market range from APAC, Europe, North America, Latin America to MEA. Leading players of the global digital railway market includes Hitachi, Alstom, IBM, Indra, Nokia, Atkins, Toshiba, Bombardier, Siemens, Cisco, ABB, Thales, Fujitsu, DXC, and others.

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Segment Overview of Global Digital Railway Market:

Digital Railway Market By Offering

Solutions

Remote Monitoring

Route Optimization And Scheduling

Analytics

Network Management

Predictive Maintenance

Security

Others

Services

Professional Services

Consulting

System Integration and Deployment

Support and Maintenance

Managed Services

Digital Railway Market By Application Type

Rail Operations Management

Rail Automation Management

Rail Control

Signaling Solution

Rail Traffic Management

Freight Management

Smart Ticketing

Workforce Management

Passenger Experience

Asset Management

Others

Digital Railway Market By Region

North America

Europe

APAC

MEA

Latin America

Some Points from Table of Content:

Chapter 1. Executive Summary

Chapter 2. Research Methodology

Chapter 3. Market Outlook

Chapter 4. Global Digital Railway Market Overview, By Type

Chapter 5. Global Digital Railway Market Overview, By Application

Chapter 6. Global Digital Railway Market Overview, By Region

Chapter 7. Company Profiles

For Any Query on the Digital Railway Market

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Laboratory Informatics Market Report Analysis 2019 Emerging Trends, Services, Solutions, Demand Analysis, Industry Statistics and Business Opportunities till 2025

On the basis of deployment, the laboratory informatics market across the globe is bifurcated into cloud-based solutions, on-premise solutions and web-based solutions. Likewise, end-user segment of the market can be sub-divided into petrochemical and oil & gas industries, food & beverage and agriculture industries, chemical testing laboratories and others.

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The global market of laboratory informatics has been segmented by different deployment, product type, end-user and geography. Further, product type segment of the market is sub-segmented into chromatography data systems (CDS), laboratory information management systems (LIMS), enterprise content management (ECM), electronic laboratory notebook (ELN), laboratory execution system (LES), electronic data capture (EDC) & clinical data management systems (CDMS) and scientific data management systems (SDMS).

Key factors driving the laboratory informatics market growth includes augmenting integration of laboratory automation in research organizations and contract manufacturing. Furthermore, arrival of digitization as well as big data analytics will further boost the growth of market in upcoming years. On the other hand, scarcity of integration standards as well as lack of skilled professionals are some factors expected to restrain the laboratory informatics market growth over the forecast spell.

Geographically, the global market of laboratory informatics has been divided into several key regions including Europe, North America, Asia Pacific, Latin America and Middle East & Africa. The market of North America region acquires major laboratory informatics market share owing to their guidelines supporting deployment of laboratory information systems as well as easy availability of infrastructure coupled with high digital literacy in the region. Furthermore, Europe is expected to grow at steady pace.

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Some of the key players operating in the competitive edge of the laboratory informatics market across the globe include LabVantage Solutions Inc., Thermo Fisher Scientific Inc., LabWare Inc., LabLynx Inc., Core Informatics, Abbott Informatics (Abbott Laboratories), ID Business Solutions Ltd., Waters Corporation, PerkinElmer Inc. and Agilent Technologies Inc., among others.

Key segments of the global laboratory informatics market include:

Deployment Segment of laboratory informatics market

Cloud-based solutions

On-premise solutions

Web-based solutions

Product type Segment of laboratory informatics market

Chromatography data systems (CDS)

Laboratory information management systems (LIMS)

Enterprise content management (ECM)

Electronic laboratory notebook (ELN)

Laboratory execution system (LES)

Electronic data capture (EDC) & clinical data management systems (CDMS)

Scientific data management systems (SDMS)

End-user Segment of laboratory informatics market

Food & beverage and agriculture industries

Petrochemical and oil & gas industries

Chemical testing laboratories

Others

Geographical Segmentation of laboratory informatics market

North America (U.S. & Canada)

Latin America (Brazil, Mexico, Peru, Chile & others)

Europe

Asia Pacific (China, India, Japan, ASEAN, Australia & New Zealand)

Middle East and Africa (GCC, Southern Africa & North Africa)

What to expect from the upcoming ‘Global Laboratory Informatics Market’ analysis:

-Analysis over future prospects as well as Global Laboratory Informatics Market trends

– Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.

– Supportive initiatives by government likely to influence the market dynamics.

– Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.

– In-depth analysis of different market segmentations including deployment, product type, end-user and geographical regions.

– Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market

– Value Chain and Sales Channels Analysis

Who should buy this report?

– Report is especially designed for Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

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Adroit Market Research

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Consumption-Based IT Services Market 2020 Current and Future Growth Analysis 2025

Analyst Commentary

Consumption-based IT Services model is not new anymore. The concept is already in use since few years by telecoms utility organizations to add value to their customers by proposing flexible consumption options. Nowadays, several business & technological trends are driving the demand for consumption-based IT models that offer the same flexibility as well as affordability.

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Flexible consumption-based IT services models offer the organizations a niftier way of accessing new technology on the basis of pay-per-use. However, by altering to a consumption-based service model, organizations are actually saving millions of dollars in IT costs and also facing an ongoing year on year investments. Additionally, transparent interest rates plus pay-per-use cost-effective pricing enables anticipating the future of IT expenditure easier scaling up the demand for business.

Cloud computing and IT-based consumption model

Since the cloud develops as the key driver of the consumption-based model and IT services are considered as a very important product that enables in delivering the businesses with the exact quantity of hardware, software as well as support as per the time and requirement. Furthermore, IT as a service (ITaaS) is yet another new approach to describe the IT consumption model, in the terms of service providers that offer and orchestrate IT services & resources. Moreover, ITaaS offers a list of software as a service (SaaS), infrastructure as a service (IaaS) as well as a platform as a service (PaaS) as possibilities & also businesses are allowed to amalgamate with other as per to their needs.

Report Description

The consumption-based IT Services model is the business approach used by IT services as well as resources for achieving a balance between cost, efficacy and productivity, along with addressing the alliance, administrative tasks and refining business processes & objectives. Furthermore, a consumption-based IT Services model exemplifies the connection between the shifting technology, fluctuating business landscape and rising consumer demands. It is basically the transformation taking place from computing to consumption for companies. This also builds on business transactions coupled with the technological processes.

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From past few decades, the traditional IT models were based over capital expenses for direct purchase of equipment and expense related with the operational and maintenance activities. This particular model necessitates businesses to obtain an asset up front, position it on premise and uphold it over the time. However, this is a risky as well as costly method owing to the rapid developments in technology and rising consumer demands.

On the other hand, new consumption-based IT Services model are acquiring the landscape by letting businesses pay according to their usage. This will probably lead to the lessening or may be removal of capital expenses as well as costs involved for maintenance & up gradation processes. Moreover, will thus seek attraction of several businesses to swift from the traditional IT model to the new IT consumption based model.

Factor Driving the Adoption of the consumption-based IT Services model

This trend is majorly driven by the extensive adoption of mobile devices and the recognition of BYOD practices by several businesses, this will allow the employees and customers to access their documents irrespective of their time & location. For instance, Uber and Lyft, is utilizing this model by structuring it on consumers’ smart devices for driving and scaling up their business model. Some of the vital aspects of such services include security, consistency, scalability and accessibility and the new consumption-based IT Services model is enabled with all these abilities.

Another, example is HP that has emerged as a global leader in the market space by offering consumption-based licenses for hardware & software services. Moreover, consumption-based IT Services marketl is a fascinating option for the CIOs of companies who are making an effort to migrate from the traditional one-size-fits-all technological solutions to consumption-based IT Services market.

Challenges and Opportunity of the consumption-based IT Services market

One of the major challenge that will restrain the growth of the consumption-based IT Services market is shadow IT that arises as soon as any organization loses control over the usage and types of devices used by their employees. Thus, to address this challenge the organizations are required to bring up-to-date and implement policies & practices about the uses of IT.

The consumption-based IT Services market offers several opportunities to the investors by enabling flexibility & proficiency in businesses.

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Adroit Market Research

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Digital Workplace Market 2020 Upcoming Changes & Enabling Technology, Recent Advancements, Services, Business Opportunities Significant Growth In Coming Years

Analyst Commentary:

95% of companies resoundingly approve digital workplace enhancement as a significant factor in their company’s success and most of them are moving in that directions. 44% of workplaces have already embraced digital workplace programs. Digital transformation doesn’t remain a buzzword, instead it has become an enterprise priority. By the end of 2019, spending on digital transformation is anticipated to attain a value of $1.7 trillion worldwide, up 42 percent from 2017.

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Many CIOs have manifests that if employees improve the way they serve customers, in exchange, they should be catered with top-notch digital workplace. Best-in-class digital workplace consists a network with well-configured quality-of-service, sufficient bandwidth and constant availability. The networks should be prepared to address the requirement of virtual workers as technologies such as robotics and artificial intelligence started to have a great impact in the workplace. Another essential factor is having a nomadic workstyles within a workplace are predicated on ubiquitous wireless connectivity.

Report Description:

The rapid extension of the technological landscape across the globe led to a constant invasion of novel technologies in the IT organizations. In the previous few years, the eagerness to digitize the organization workplace peaked amid a number of IT leaders. Conversely, in 2017, there is wide-range comprehension of digital workplace among various technological sectors. According to the 2017 survey, around 95% of organizations agree that a digital workplace is necessary to analyze data, engage and collaborate employees.

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The move towards the cloud will accelerate

Several industries started slightly with cloud computing usually for a testing purpose. In 2018, many business leaders realized the significance of cloud data storage and accordingly the adoption upsurges. The need for real-time data all over the organization will be a key reason for this trend.

Enterprise Chatbot stands will progressively swap traditional app development

In upcoming years, more enterprises will improve both policy and implementation of AI-Powered Chatbot platform to organize, manage and train bots in the B2C, B2B, and B2E workflows.

Analytics for Everything

Many enterprises will emphasis more on application analytics through multiple domains. Analytics tools will be used to recognize the digital workplace is constantly sustains adoption and end-user experience.

Higher investments in Robotics Process Automation

RPA is one of the wide-range automation of industrial processes to automate heavy tasks, cut costs, improve employee productivity, and link applications. In 2017, a number of large industries shift towards RPS. This trend will remain in the coming years.

Immersive Technologies

Immersive technologies are useful for increase business performance and employee communication.

Digital workplace Market Segmentation

The digital workplace market basically bifurcated into component type, verticals, size of enterprises, and geographical regions.

Based on the component type, the global digital workplace market can be categorized into software and services.

Based on the size of enterprises, this market can be classified as large enterprise, medium enterprise and small enterprise.

Based on vertical, this market is alienated into Banking, Financial Services & Insurance (BFSI), Information Technology & Telecommunication, healthcare sector, retail, media and entertainment, transportation, energy and utility, and others. In between this, the Information Technology & Telecommunication segment is proposed to the digital workplace market over the forecast period. Likewise, there has been increased adoption of digital workplace services in BFSI sector. Also, the healthcare sector is anticipated to raise at the highest CAGR into coming years. This is credited to rising importance on patient gratification and emphasis towards supporting and engaging frontline staff in healthcare industries.

Market Restraint Factors

The digital workplace service providers facing several challenges including governance & obedience and understanding consumer requirements. Dealing cultural change in enterprises is one of the major hurdles for the implementation of digital workplace solutions.

Digital workplace Market major players

The key players operating in the global market have adopted collaborations, new product launch, and partnerships to improve their existence across the globe. The leading vendors in the market are continuously upgrading and innovating their top products to grow their market revenue. The fresh competitors in the digital workplace market are concentrating to coordinate with technology providers to invent their product and increase end-user reachability.

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

Ryan Johnson

Adroit Market Research

3131 McKinney Ave Ste 600,

Dallas, Texas – 75204, U.S.A

Phone No: +19723628199

Email: [email protected]

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Next Generation Sequencing Services Market 2019 Overview by Growth Factors, Technological Innovation, Emerging Trends User Demand, Key Players & Regional Outlook 2025

The next-generation (NGS) services market has introduced several innovative advancements in NGS technology to promote usage in hospitals and clinical labs. Most current innovations in this field revolve around simplifying usage of seq-technology and making it more sophisticated. These major factors of the next generation sequencing services industry have driven the uptake of NGS services across several end users.

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With the growing trend of high throughput sequencing within the biotech and pharmaceutical industry, there is a significant need for more developments to improvise the speed and convenience of high throughput seq-platforms and simplify workflows. Moreover, companies are focusing on development of solutions to simplify the amplifications and purification of sample and starting input.

The global next-generation sequencing services market is segmented into several classifications including type outlook, workflow outlook, end-use outlook, regional outlook. Based on the type outlook the global next-generation sequencing (NGS) services market is categorized into Human Genome Sequencing, Single Cell Sequencing, Microbial Genome-based Sequencing, Gene Regulation Services, Small RNA Sequencing, ChIP Sequencing, Other Gene Regulation-based Services, Animal & Plant Sequencing, and Other Sequencing Services. Furthermore, on the basis of workflow outlook the next-generation sequencing (NGS) market is classified pre sequencing, sequencing, and data analysis. Based on the end-use outlook the global next generation sequencing (NGS) services universities & other research entities, hospitals & clinics, pharma & biotech entities, and others.

Conventional disease testing service providers have effectively broadened their portfolio with an increasing trend of seq-based genetic tests. In October 2014, ARUP Laboratories collaborated with the Children’s Hospital of Philadelphia (CHOP). The service provision for NGS-based HLA genotyping, including HLA Class I, Class II, initiated in November 2017.

Discussing the regional outlook, the global next-generation sequencing (NGS) market North America, U.S., Canada, Europe, Germany, U.K., Asia Pacific, China, Japan, Latin America, Brazil, and Middle East & Africa, South Africa.

Leading players of the global NGS services market include Illumina, Inc.; Eurofins Genomics; BGI; GENEWIZ Germany GmbH., Novogene Corporation, and others.

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Key Segmentation of the Global Next-Generation Sequencing (NGS) Services Market 2018-2025

NGS Service Type Outlook (Revenue, USD Million, 2018 – 2025)

Human Genome Sequencing

Single Cell Sequencing

Microbial Genome-based Sequencing

Gene Regulation Services

Small RNA Sequencing

ChIP Sequencing

Other Gene Regulation-based Services

Animal & Plant Sequencing

Other Sequencing Services

NGS Services Workflow Outlook (Revenue, USD Million, 2018 – 2025)

Pre Sequencing

Sequencing

Data Analysis

NGS Services End-use Outlook (Revenue, USD Million, 2018 – 2025)

Universities & Other Research Entities

Hospitals & Clinics

Pharma & Biotech Entities

Others

NGS Services Regional Outlook (Revenue, USD Million, 2018 – 2025)

North America

U.S.

Canada

Europe

Germany

U.K.

Asia Pacific

China

Japan

Latin America

Brazil

Middle East & Africa

South Africa

What to expect from the upcoming report on ‘Global Next-Generation Sequencing (NGS) Services Market’:

– Future prospects and current trends of the Global Next-Generation Sequencing (NGS) Services Market by the end of forecast period. (2018 – 2025).

– Information regarding technological progressions as well as innovations across the world

– Supportive initiatives by government likely to influence the market dynamics.

– In-depth analysis of different market segmentations including regional segmentations, applications and types.

– Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.

– Trends, drivers, opportunities, restraints, challenges and key developments in the market

Who should buy this report?

Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

Ryan Johnson

Adroit Market Research

3131 McKinney Ave Ste 600,

Dallas, Texas – 75204, U.S.A

Phone No: +19723628199

Email: [email protected]

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Voice Based Shopping Market 2020 Size, Emerging Trends, User Demand, Growth Opportunities, Development Trends, Regions, Application & Forecast 2025

“Hey Alexa, Buy me a Shampoo” Or “Google, Buy the grocery list”

Well, this is what Voice based shopping is all about. Talking to your devices and getting your work done. This revolutionary voice search technology can be your new go to shopping destination.

Your Basic guide to Voice Based Shopping

Voice based shopping is a new trend owners of digital assistants that work by recognizing voice, natural language processing and speech synthesis are following. Digital assistants and voice based devices help users buy products only by commanding tasks to the devices. Smart devices and speaker records consumer information like address, payment details, and contact details. However, with Alexa and Google these details are already updated during the registration process. This pre saved information makes it easier for the devices to take orders and process it.

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Voice Based Shopping is revolutionizing the way consumers are buying. Many across the globe prefer e-commerce mode of shopping. Some of the factors driving the e-commerce market are the ease of shopping anywhere and anywhere, attractive offers, wide range of products and quick delivery and return systems offered by e-commerce vendors.

Trends, Benefits and Challenges of Voice Based Shopping

Voice based shopping is extremely convenient for buyers as it allows reordering based on previously placed orders at the same time it gives various options and alternatives for the same ordered product. Smart devices save information regarding your product preference, brand, price bracket, quantity to reorder the same product in the future.

However, voice based shopping has many challenges to overcome, to have a brighter and longer future. Some of the challenges faced by the voice based shopping industry are:

Difficulty in voice recognition, as the concept is all about voice there might be times the system doesn’t understand and comply with your language. This might be due to technical difficulties or change in voice tone due to several reasons.

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The ordering process is simple in Alexa since the details are already fed in the system. Incidents of accidental purchases are reported owing to the ease of process. Especially in case of children where accidental order placement can also take place. Amazon not only orders for you, but also analyzes and saves your purchases.

Ordering the wrong product is also possible as buyers can’t see the product here like in the case of app shopping. No provision of visual aid to analyze a product before purchasing can cause problems for the voice based shopping market. But then again, there is fair change of the convenience provided by these devices overpowering its limitation of visual aid.

These challenges are expected to be resolved in future, with the help of growing innovation in various phases of technology.

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Future of Voice Based Shopping

Currently, only a small percentage of people owning smart speakers and devices use it for shopping purposes, not more than 305 but, this number is expected to shoot up to around 50% by 2020. However, the industry is just is still budding and the pace at which technology is developing, in no time it will get stronger. At the foremost, there is a need for better and enhanced security, to avoid accidental orders which seems to be a problem for market players. Reports of devices, not being able to understand the voice command are constantly heard, providers need to work around this and offer better user experience to buyers.

In the future, these devices will give more personalized experience to the buyer at the same time understand different voices in the same house. Another, feature to look out for in the voice based shopping market is the ability to talk to your cars, refrigerators, lamps, fans and other devices. The automotive industry would also witness new technologies and growth by car speech recognition. 2018, saw car speech recognition as becoming standard and would be growing in the coming years. Amazon has partnered with Marriott Group to launch Alexa exclusively for hospitality. This will help consumers undertake simple tasks like ordering towels, calling and controlling room lighting.

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

Ryan Johnson

Adroit Market Research

3131 McKinney Ave Ste 600,

Dallas, Texas – 75204, U.S.A

Phone No: +19723628199

Email: [email protected]

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Visual Search Technology Market Size 2019 Emerging Trends, Development, Technology, Benefits, Application, Trends, Growth, Opportunities and Worldwide Forecast to 2025

Visual search is changing the face of machine learning and artificial intelligence with a potential to reform how consumers buy and find products. By streamlining the method of search, organizations can move closer to instant gratification that most customers demand. With help of studies, it is observed that more than 60% of millennials desire the convenience of visual search over any other novel technology and the likes of Google, Pinterest and Amazon have already developed substantial capabilities in this field.

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“The future of search will be about pictures rather than keywords,” stated Pinterest CEO, Ben Silbermann. And with so much consumer and brand weight behind it, it’s no surprise that visual search promises to be a breakout trend of 2019.

The accuracy of visual search has improved as image recognition tools have access to big training sets of images, and visual search engines learn about the implicit questions users ask when submitting images. This has created a virtuous cycle, where more people use visual search, which in turn creates more accurate visual search tools.

Mobile visual search has gained high popularity in APAC, especially in Japan, China and South Korea where it is used in online fashion stores. Not only this, visual search engines are also used as tools for mapping, concept generation and outlining. Top global visual search providers are slowly and steadily announcing their products in the emerging countries of Asia like Indonesia and India due to their enormous market potential.

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Application of visual search technology includes baggage scanning, security screening, electronic component manufacturing, navigation systems and in retail for jewelry and clothing. Since past few years, the market had witnessed a huge growth in varied end-users mainly aviation, automotive OEMs, e-commerce, electronics, forestry and many more. Currently, e-commerce dominates other all end-users segment and is anticipated to remain the same in the forthcoming years. Growing rate of investments in visual search technology coupled with higher adoption of visual search engines is projected to propel the visual search market.

Market Research and Market Trends of Visual Search

Currently, the visual search engines are witnessing significant demand due to its increasing applications in retail and e-commerce sectors. This is mainly due to the capabilities of visual search which identifies an image accurately using advanced machine learning and AI technology

Companies’ huge investments, joint venture and partnerships activities in this market lead to the exchange of methodologies and technology for new developments of these visual search engines which is likely to boost the global visual search market.

Many research and development activities to increase the efficiency of visual search machines are being undertaken which is enhancing the market growth. The integration of machine learning with visual search engines has improved the image processing drastically.

Some of the prominent key players operating the visual search technology market are Google (U.S.), Slyce (Canada), Clarifai (U.S.), Veritone (U.S.), ViSenze (Singapore), Ever AI (U.S.).

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Analyst Commentary:

Tech giants such as Microsoft, Google, AWS, IBM, and Baidu are investing relentlessly in new technological advancements. In 2016, an investment of around USD 30 Billion was made with more than 90% on the R&D activities and remaining 10% on the merger and acquisition activities. Moreover, seed investment, venture capital investment and private equity financing also grew substantial amounting to a total of over USD 6 Billion.

The development of the deep learning algorithms and machine learning and technological advancement are also major driving factors for the AI in retail market. Machine learning is projected to propel in AI in retail market at more than 40% CAGR. The growth is also driven by higher adoption of technology by the retailers to offer improved customer experience and provide personalized shopping experience to the customer.

Technological advancements around visual search have been making rounds in 2018. It remains a tiny fraction of total search volume, perhaps topping 1 billion monthly searches, compared to hundreds of billions of text searches. Even so, growth has been strong, with Pinterest, for instance, seeing monthly visual search jump from 250 million in February 2017 to 600 million in February 2018. The move towards visual search is not going unnoticed.

Images are returned for more than 15% of search queries on Google. There are over 600 million visual searches on Pinterest each month. Image-based Pinterest Ads have a very conversion rate, almost 8.5% and Pinterest is projected to clear nearly USD 1 billion a year in ad revenue by 2020. The image recognition market is expected to grow to USD xx.xx billion by 2019. By 2021, early adopter brands which redesign their websites to support visual and voice search will increase digital commerce revenue by nearly 30%.

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Info:

Ryan Johnson

Adroit Market Research

3131 McKinney Ave Ste 600,

Dallas, Texas – 75204, U.S.A

Phone No: +19723628199

Email: [email protected]