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Showing posts from September, 2020

Increasing Consumer Adoption to Fuel Demand for Augmented Reality Virtual Reality Market

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 The global augmented reality & virtual reality market is expected to grow at a substantial growth rate especially in training and infotainment market. Heavy penetration is the wide spectrum of application areas for these technologies. Virtual reality application in healthcare shows a tremendous growth and driving the market for augmented reality & virtual reality. It is a field of computer research which deals with the combination of real-world and computer generated data. Augmented reality consists of various benefits which includes interactive in real time, also data can be generated in real-time. Augmented reality has various applications which include video games (physical interaction with 3D models), presentations, television, theme park, and simulations (driving, flying etc.). The report contains the global scenario of augmented reality & virtual reality market discussing detailed overview and market figures. The research report analyses the industry growth rate,...

System Integration Market to Witness Heightened Revenue Growth in the Next Decade

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 System integration (SI) enables to build computing systems for end users by combining hardware and software products from several vendors. By implementing systems integration, a company can acquire cheaper, pre-configured components of software. These small components of software help company to achieve key business goals. Otherwise the companies have to purchase customized, more expensive software; this may also require manufacturing of unique products or original programming. Creation of these information systems include designing and building a new customized applications or architecture, after building software components, they are integrated with the existing or new software and hardware packages and communication infrastructure. There are some system integrators such as SAP providing more specialized and specific applications. To remain ‘ahead’ of your competitors, request for a sample here@  https://www.persistencemarketresearch.com/samples/4709 High investments in IT ...

Adoption of Mobile Phone Smart Phone Market to Soar Across Top Countries in the Globe

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 Cellular phones with basic facilities such as text messaging, voice calling, audio and video visualization and camera are referred to as mobile phones. Cellular phones that offer advanced computing abilities such as Wi-Fi, web browsing, third-party applications and mobile payment, solutions for information management, such as documents, emails and contacts, inbuilt GPS applications, and provides features such as voice and video calls and web access are referred to as smart phones. Apart from being a communication device, smart phones offer additional features such as internet access, Bluetooth, gaming, camera, multimedia messaging, FM radio, and multimedia functionalities. With technological advancements, phablets are witnessing gradual growth traction and has resulted in a decline in the rate of adoption for laptops and personal digital assistants globally. Recent years have witnessed a substantial change in the dynamics and structure of the global mobile phone and smart phone la...

Street Lighting Market Revenue to Rise Substantially Owing to Increasing End-use Adoption

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 Street light is a raised source of light on the edge of a road, which is mainly used to provide light. Street lighting plays a crucial role in the safety and security of our streets and public places. Street lighting is mainly used in highways and roadways in order to illuminate the driving route safe and convenient in night. Various types of street lighting are incandescent light, fluorescent light, mercury vapor light, metal halide light, induction light, solar light, high pressure sodium light and light-emitting diode (LED). Apart from highways street light is also used in commercial, industrial and residential purpose mainly in garden, hotels and bridge. Investment by multinational companies on street light in design, production and application helps in the growth of street lighting market. Street light is used in performance monitoring activities such as in traffic control conditions and weather conditions. Falling LED prices, various initiatives and projects by government to...

Sales Revenue in the Automotive Cyber Security Market to Witness Growth at Robust CAGR During 2020- 2030

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 The global automotive cyber security market is anticipated to embark on a positive growth trajectory throughout the forecast period of  2018  –  2028 . This is attributed to the increasing prevalence of automation across several industrial verticals, especially in manufacturing and automobiles. Based on these trends, a new Persistence Market Research (PMR) report forecasts the global automotive cybersecurity market to surpass the  US$1 Bn  mark by  2028 , expanding at an impressive double-digit CAGR during the forecast period. As automation progresses, the risks associated with it are also compounding. The most significant danger arises from system breach due to hacking. To counter this, key cybersecurity players have expanded their foothold in the market. The  COVID-19  pandemic, however, has cast a shadow on existing projections. Nationwide lockdowns and calls for social distancing have resulted in production cuts across industri...

Demand for Smart Cities Market to Substantially Increase During 2019 - 2029 in Top Regional Markets

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 The United Nations data suggests that the proportion of people living in cities across the world will rise from approximately  50%  in  2018  to  75%  in  2050 . This rise in urban population impacts overall infrastructure and resources as governments are trying to cope up with the influx of new inhabitants and improve their living standards. They are thus looking forward to development of smart cities, with key focus on digital transformation of urban ecosystem to meet environmental, financial, and social outcomes. In line with this, the global smart cities market was valued at  ~US$ 900 Bn  in  2018,  and is projected to expand at a whopping  18%  CAGR during the forecast period ( 2019-2029 ). However, lack of infrastructure development in various countries of the Middle East & Africa and Latin America, coupled with high price point associated with replacement of existing infrastructure with smart inf...

Vehicle To Infrastructure Communication Market To Reach A Valuation Of US$ 900 Mn By 2019-2029

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 Continuously increasing volume of data to be analyzed in advanced ways is expected to increase the need for more telematics service providers in the foreseeable future. The global vehicle-to-infrastructure communication market, valued at  US$ 900 Mn  in 2018, will expand at a stupendous CAGR between 2019 and 2029. Consumers with high disposable income are adopting intelligent vehicles. With advancements in vehicle-to-everything (V2E) technology, automation systems are capable of generating more data. Predictive analysis can be facilitated in the automotive industry with incorporation of automated real-time telematics. Also, implementation of Intelligent Transport System (ITS) technology is boosting telematics growth. To remain ‘ahead’ of your competitors, request for a sample here@  https://www.persistencemarketresearch.com/samples/24016 However, lack of infrastructural development in yet to develop economies and high expenditures required for replacing the exi...

Global Flashlight Market to Exhibit Considerable Growth in Demand During 2019 - 2029

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 Demand for LED flashlight is increasing, owing to the requirement of energy efficient lighting systems in commercial buildings. While energy efficiency of lighting systems is critical to conform to the government regulations regarding commercial construction projects, it is further complemented by restrictions on adoption of incandescent lighting products. Increasing implementation of minimum standards for the efficiency of lighting products will remain a prominent factor driving the demand for LED flashlight in the near future. A new report of Persistence Market Research (PMR) indicates that the global flashlight market is set to witness robust growth at a CAGR of ~ 8%  during 2019 - 2029. The report suggests that the market revenues reached  US$ 5 Bn  in 2018 and remarkable rise in flashlight sales for outdoor recreation activities will further propel market growth. Breakneck penetration of LED technology will be pivotal in shaping the flashlight market ...

Security As A Service Market On Track To US$ 9.8 Bn By 2019-2029

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 The Security-as-a-service (SECaaS) market is expected to grow ~21% annually through 2029. SECaaS is a cloud computing design that provides managed security services over the internet and offers new opportunities to create security infrastructure for information systems. The alarming rise in the number of cyber-attacks has led to increasing adoption of SECaaS across numerous enterprises in recent years. As per the report, the  global Security-as-a-service market  generated a revenue of ~US$ 9.8 Bn in 2018. The adoption of cloud computing is an essential step for various organizations. Cloud services are provided on-demand and managed by service-level agreements between users and providers, which is predicted to drive the growth of the Security-as-a-service market during the forecast period. Increasing demand for cloud-based security along with the shift from traditional to advanced security have been further working to the advantage of the market players. To remain ‘ahead...

Semiconductor Assembly Test Services Market Sales Revenue to Substantially Surge in the Next Ten Years

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 Exploding production volumes of semiconductors, memory chips, and wafers for integration in consumer electronic products and wireless/mobile handsets will remain a key booster to the semiconductor assembly and testing services market. In a new Persistence Market Research (PMR) report, the global semiconductor assembly and testing services market is projected for a healthy CAGR of  5.8%  during the forecast period of 2019-2029. The study opines that the semiconductor assembly and testing services market landscape will continue to witness the emergence of multiple revenue generation opportunities with the technological advances such as organic-substrate-interposer technology and silicon-via-interconnection technology. To remain ‘ahead’ of your competitors, request for a sample here@  https://www.persistencemarketresearch.com/samples/4786 Key Takeaways - Semiconductor Assembly and Testing Services Market Study Sales will be prominent in consumer electronics indust...

Wearable Digital Walkietalkie Market to Generate Heightened Revenue Prospects for Manufacturers in the Next Decade

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 According to the latest market report published by Persistence Market Research titled “ Global Market Study on Wearable Digital Walkie-Talkie: Asia-Pacific to Witness Highest Growth by 2021 ”, the global wearable digital walkie-talkie market is expected to account for US$ 8.0 Mn by the end of 2015, and is anticipated to expand at a CAGR of 32.6% between 2015 end and 2021 to account for US$ 43.5 Mn.  In terms of volume, production of wearable digital walkie-talkie is expected to be 80.0 thousand units by the end of 2015 and is expected to reach 543.2 thousand units by 2021, exhibiting a CAGR of 37.6%. The global wearable digital walkie-talkie market is expected to witness significant growth during the forecast period. Augmented disposable income, growing wearable electronics market and expanding organized retail sector are some of the major factors expected to drive market growth. Growing demand for hands-free wearable digital walkie-talkies, increasing independence ...

Demand for Us Beauty Devices Market to Gain Momentum in the 2020 End-use Industry During the Forecast Period

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 According to a new market report published by Persistence Market Research titled  The U.S. Market Study on Beauty Devices: At-home Devices to Witness Highest Growth by 2020 , the U.S. beauty devices market was valued at USD 9,034.2 million in 2014 and is expected to grow at a CAGR of 18.8% from 2014 to 2020, to reach an estimated value of USD 25,375.7 million by 2020.   The U.S. beauty devices market is witnessing significant growth due to rising in geriatric population, as these beauty devices help reverse skin aging. Moreover, increasing the prevalence of obesity resulting in cellulite accumulation and skin diseases, and harmful effects of ultraviolet radiation are also driving the market. However, there are various risks and complications associated with beauty devices such as bruising, swelling, and redness. Furthermore, the wide availability of easy-to-use beauty products inhibits the growth of the U.S. beauty devices market. The U.S. beauty devices market...

Beauty Devices Market Unit Sales to Witness heightened Growth in the Near Future

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 According to a new market report published by Persistence Market Research “ Global Market Study on Beauty Devices: Asia to Witness Highest Growth by 2020 ,” the global beauty devices market was valued at USD 19,389.1 million in 2014 and is expected to grow at a CAGR of 18.7% from 2014 to 2020, to reach an estimated value of USD 54,186.9 million in 2020. To remain ‘ahead’ of your competitors, request for a sample here@  https://www.persistencemarketresearch.com/samples/3375   Globally, the beauty devices market is witnessing significant growth due to increasing disposable income, which is enabling people to spend more on personal care. In addition, rise in aging the population and increasing prevalence of skin diseases and harmful effects of ultraviolet radiation are also driving the growth of the market. However, there are various risks and complications associated with beauty devices which may lead to bruising, swelling, and redness. In addition, extended availability o...

Nanoscale 3d Printing Market Revenue to Rise by 36% Owing to Increasing End-use Adoption

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 Nanoscale 3D printing is widely adopted by healthcare, aerospace & defense, automotive, consumer electronics energy & power industries. This, coupled with the rise in implementation of smart products and solutions that allow for improved business processes, product quality, and customer satisfaction, will drive market for 3D nanoscale printing. Implementation of nanoscale 3D printing solutions in the healthcare sector can help produce surgical models and accessible personalized prosthetics to streamline complex operations. The market will surpass  US$ 1 Bn  mark by the end of forecast period,  2019 – 2029 , as projected by a new Persistence Market Research (PMR) report. Key Takeaways – Nanoscale 3D Printing Market Study Increasing awareness of health and fitness among consumers is creating the demand for a range of complex healthcare system, which is further creating potential growth opportunities for the nanoscale 3D printing market. Among the vertical...

Global Market for Chatbots Market to Register Prominent Growth in Sales During 2017 - 2025

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  Chatbots Market: Introduction Chatbot is a messaging application which animates a conversation between a human and a machine. Chatbots came into picture in 2011 by integration of business intelligence, artificial intelligence and messaging platforms. Considering a business point of view, it is a way for companies to interact with buyers and provide customer support which could evolve with changing nature of communication. There are two types of chatbots, one operates based on a particular script and other operates solely on artificial intelligence. The chatbots based on script have limited functionality as their intelligence is majorly dependent on the way its script is programmed, while those which operate on artificial intelligence understands and simultaneously learns from the conversation it has with human being. Chatbots are majorly used in ecommerce websites, social media platforms, gaming and mobile applications. With the continuous evolvement in artificial intelligence, d...

Sales Revenue of Enterprise Customer Communications Management Market to Shoot Up Owing to Augmenting Demand During the Forecast Period

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 Managed services are essentials part of most of the enterprises. Managed services have many classification such as HR-activities and maintenance and support of entire IT infrastructure of a particular business organization. Enterprise network managed services are generally used by telecom operators. These network managed services provides day-to-day operation and management of entire network infrastructure, management of end-customer problems, corrective and preventive field maintenance, management of changes to the network, and installation and up-gradation of equipment. Network managed services also assist business organization by giving them cost effective and efficient internet, and data solution, so that enterprises can focus on their core business not on their network. Managed network services are undertaken by enterprises to discover and fix networking problem before they affect their network in any harmful manner and hamper the productivity of the organization. To remain ‘...

Color Detection Sensors Market Value Is Expected To Rise To US$ 2,069.1 Mn By 2017-2025

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 Persistence Market Research (PMR) has published a new research report titled  “Color Detection Sensor Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).”  According to the report, the pressing need for advanced automation across the globe has triggered the demand for related products as well such as color detection sensors. The color detection sensor market is flourishing due to the growing adoption of color detection sensors in printing and packaging and in textile applications. Color detection sensor companies are likely to focus on providing advanced products in order to increase their market share and brand footprint in the global market. For instance, Omron Corporation has introduced E2E Next Generation Proximity Sensors that will enhance the operation rates in the automobile industry. The other leading companies operating in the market include ams AG Keyence Corp Datalogic S.p.A OMRON Corporation Hamamatsu Photonics K.K. IDEC Rockwell Auoma...