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The connected machines market is projected to grow with a high CAGR during the forecast period, i.e., 2020-2029 on account of the increasing adoption of smart payment technologies, increasing need to build digital infrastructure for large-scale deployments and increasing need of real time analytics.
The major players are also taking initiatives in terms of strategic partnerships, acquisitions and collaborations to improve the flexibility and efficiency of their business operations and give them a competitive edge over their challengers, recently ABB and HPE announced their partnership at the global level for offering industry-based clients with powerful solutions generating actionable insights from the continually rising, expansive amounts of data produced by businesses. Currently, ABB claims to accommodate an installed base of 70 million connected devices. On the basis of industry, the automotive industry in the global connected machines market is projected to grow with a significant CAGR over the forecast period. Connected machines are undergoing several innovations in the automotive industry. Stakeholders are integrating IoT to tackle the alarming problem of traffic congestion in cities across various countries. Incorporating IoT connected machines in the automotive landscape is not just cost-effective but also helps manage traffic lights and plays a vital role as far as smart parking solutions are concerned. Stakeholders in the connected machines market are increasing focus on industries such as automotive and telecommunications. For instance, in February 2019, AT&T – a leading American telecommunication company, and Vodafone Group Plc – a British multinational telecommunication conglomerate, announced a collaboration to develop enhanced connected vehicle technology to provide greater safety and better connectivity through entertainment and telematics solutions for customers. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the connected machines market in North America is estimated to secure a leading position in the market because of the growing prominence of internet of things and rising application of connected devices. The growth of the regional market could be supported by the early adoption of latest technologies and digitalization practiced in several industry verticals. On the other hand, commercial users in Asia Pacific region are projected to surge the demand for IoT connected machines owing to strong initiatives introduced to improve IT infrastructure and rising adoption of the leading technologies. Increasing Use of Cloud Computing and rising demand of real-time analytics in the healthcare industry to Drive Market Growth Increasing demand in healthcare industry has opened up excess of opportunities. when machines and devices are connected to the internet, they collect valuable information and provide insights about the symptoms that help patients get a comprehensive understanding about their health condition for further treatment. Thus, sensors and wearable devices help collect and monitor data that can be sent for processing in real time. The global connected machines in healthcare market size was USD 57.62 billion in 2019 and is projected to exhibit a high CAGR during the forecast period. Additionally, increasing use of cloud computing because of unlimited storage capabilities and resources, technological constraints such as processing, storage, and energy. The cloud also offers solutions to implement IoT connected machine service management and applications that can process the data produced. This report also provides the existing competitive scenario of some of the key players of the global connected machines market which includes company profiling of General Electric Company, Robert Bosch GmbH, Cisco Systems, Inc., Advantech Co., Ltd., Rockwell Automation, Inc., Siemens AG, ABB Ltd, Honeywell International Inc., B&R Industrial Automation GmbH, Beckhoff Automation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the connected machines market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Get Exclusive Sample Report Copy Of This Report @ https://www.researchnester.com/sample-request-3009
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Contact Center-as-a-Service (CCaaS) Market To Grow with a High CAGR- Global Industry Analysis10/20/2021 The global contact center-as-a-service (CCaaS) market is projected to grow with a high CAGR during the forecast period, i.e., 2021-2029 on account of the technological developments for enhancing customer experience. As per the 2019 AI Index Report released by the Stanford Institute of Human-Centered Artificial Intelligence, the total private investment in artificial intelligence in 2019 was more than US$70 billion worldwide. The market is segmented by enterprise size into small & medium enterprises and large enterprises. Among these segments, the large enterprises’ segment is anticipated to hold the largest share by the end of 2021 in the global contact center-as-a-service (CCaaS) market as a result of the acquisition of advanced technologies at a quicker pace. On the basis of end-user, the market is segmented into BFSI, telecom & IT, healthcare, government, retail & consumer goods, and others. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the global contact center-as-a-service (CCaaS) market in the Asia Pacific is projected to grow at the highest CAGR throughout the forecast period. Currently, the market in North America holds the largest share. This can be attributed to the presence of leading technology providers in the region, especially in the United States, who are extensively involved in the improving customer experiences through faster technology upgradation. Technological developments for enhancing customer experience and Decrease in Operating Costs Post-CCaaS Adoption to Drive Market Growth As estimated in a research, around 4.93 billion people have internet access worldwide which constitute 63.2% of global population. Access to internet is one of the most predominant factor for customers’ willingness to adopt new technologies. It has been observed that the number of e-mails sent per day globally are increasing enormously. Additionally, the increasing competition among enterprises to retain customers is also expected to boost the market growth in upcoming years. However, the apprehensions relating to data safety and high capital investment resulting in lower adoption rate by small & medium enterprises are some of the factors that are estimated to restrain market growth in the near future. Request Sample To Learn More About This Report @ https://www.researchnester.com/sample-request-3007 The global contact center-as-a-service (CCaaS) market is further classified on the basis of region as follows:
This report also provides the existing competitive scenario of some of the key players of the global contact center-as-a-service (CCaaS) market which includes company profiling of Evolve IP, LLC., Avaya, Inc., NICE Systems, Ltd. (TLV: NICE), Liveops, Cisco Systems, Inc. (NASDAQ: CSCO), Genesys, Five9, Inc. (NASDAQ: FIVN), 8×8 (NYSE: EGHT), and 3CLogic. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global contact center-as-a-service (CCaaS) market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Global Industry 5.0 to Revolutionize Co-Operation between Man and Machine with the Advent of IIoT, AI and Robotics Technologies; Market to Grow Significantly by a Remarkable CAGR throughout 2022 – 2030
Research Nester has released a report titled “Aircraft Battery Market: Global Demand Analysis & Opportunity Outlook 2030” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. The shipments of aviation airplane grew from 1132 units in the year 1994 to 2399 units in the year 2020, according to the statistics by the General Aviation Manufacturers Association (GAMA). The statistics portray the growing demand for different types of aviation airplanes worldwide. In the recent years, the demand for air travel has grown significantly, which is driving the need amongst airline operators to expand their existing fleet. With the surge in the adoption of aircrafts worldwide, the demand for aircraft batteries is also projected to grow massively, and in turn contribute to the market growth. Moreover, owing to the rising concerns for aviation emissions globally, aircraft manufacturers are looking forward towards efficient aircrafts, and are adopting electric aircrafts or are adapting to modern processes that can mitigate the issue of emission. Such a factor is also expected to drive the growth of the market in the coming years. Download Sample of This Strategic Report@ https://www.researchnester.com/sample-request-3518 The global aircraft battery market is anticipated to grow with a CAGR of 7.26% during the forecast period, i.e., 2021-2030. The market is estimated to garner a revenue of USD 1068.7 Million by the end of 2030, up from a revenue of USD 539.2 Million in the year 2020. The market is segmented by battery type into nickel-based battery, lead acid battery, and lithium-ion battery. By the end of 2030, the lead acid battery segment is anticipated to garner the largest revenue of USD 597.6 Million. Moreover, in the year 2020, the segment registered a revenue of USD 289.9 Million. Besides this, the market is also segmented on the basis of power density into less than 100 Wh/Kg, and more than 100 Wh/Kg, out of which, the more than 100 Wh/Kg segment is projected to grow with the highest CAGR of 8.53% during the forecast period. The global aircraft battery market is segmented by region into North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst the market in these regions, the market in North America is anticipated to garner the highest market share throughout the forecast period and also attain the largest revenue of USD 394.3 Million by the end of 2030, up from USD 194.3 Million in the year 2020. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-3518 However, the operational challenges that remain with batteries is one of the major factors predicted to hinder the market growth. This report also provides the existing competitive scenario of some of the key players of the global aircraft battery market, which includes company profiling of Teledyne Technologies Incorporated, Concorde Battery Corporation, Kokam Co., Ltd., EnerSys, Sichuan Changhong Battery Co., Ltd., Mid-Continent Instrument Co., Inc., Saft, EaglePicher Technologies, HBL Power Systems Ltd., Meggit PLC, and others. The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Aircraft Battery Market: Global Demand Analysis & Opportunity Outlook 2030”, analyses the overall global aircraft battery industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global aircraft battery market in the near future. |
AuthorJakob Siddiqui, 5+ Experience in Market Research Industry. ArchivesCategories |
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