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Ease in Billing Services Across Various Industries to Boost the Cloud Billing Market Trends 2023

February 19, 2020 by Market-NewsFlash  

Cloud Billing Market Trends

Cloud billing is now in vogue due to low capital required to implement cloud in day-to-day services. Market Research Future (MRFR) reports that the global cloud billing market can touch USD 20 Bn mark by 2023. It can expand at a 25% CAGR during the forecast period (2017–2023). The rise is expected as cloud billing has simplified the traditional billing process by blending digital technology with non-digital services.

The focus is primarily on enhancing customer experience. While doing so, it further reduces infrastructural, and IT expenses. Major factors driving the cloud billing market forward are rapid urbanization, development in lifestyle, and increase in the middle-class population base.

Drivers and Restraints:

Business scaling and cost reduction are the market boosters for cloud billing. Cloud billing service pivots around cloud technology and addresses the needs of developing business models effectively. It also enables industries to streamline billing process and accurate in generating bills while managing a much more extensive database in real-time compared to that of traditional systems. Moreover, by simplifying the entire payment procedure, it gives industries an extra edge over their rivals.

However, the probability of information hacking poses a real threat. Dependence on third-party operation is still a major concern. These factors have deferred the growth rate of cloud billing market, globally.

Industry Trend:

This simple billing procedure has lured in new verticals, such as healthcare. The market is continuously experiencing upgradation. Amazon has revolutionized the market by offering per second pricing. Monetization models have been revamped by various companies to make the market more dynamic.

Several companies are seeking a way to increase the customer satisfaction level and make them comfortable with cloud billing services. For instance, Telinta has enabled Voice over Internet Protocol (VoIP) service which can charge in a user-friendly manner and offer discounts and promotions, etc. Others, such as Utilibill, an Australian firm, is providing a tool to customize everything.

Companies, such as Aria and Zuora believe that immediate turnaround and simpler communication are about to become the new rage. Hence, technological advances in the cloud billing sector are expected in the coming years.

Access Report @ https://www.marketresearchfuture.com/reports/cloud-billing-market-1557

Segmentation:

The segmentation of the global cloud billing market is based on type, application, deployment, providers, organization size, and end-users.

Type-based segmentation comprises subscription billing, cloud service billing, metered billing, provisioning, and others. As of now, metered billing fetches in the largest market share and is likely to do so in coming years.

By application, the market is segmented into account management, revenue management, customer management and others.

Deployment-wise segmentation of the market includes public cloud, private cloud, and hybrid cloud. The most common way of deployment is public clouds. Public clouds are cheaper, need no maintenance and highly reliable compared to private and hybrid clouds. Government agencies and financial institutions prefer private clouds. Its design makes it more flexible and secured. Hybrid cloud can reap the benefit of both the worlds as it gives the organization more control.

More Information@ https://www.marketresearchfuture.com/reports/cloud-billing-market-1557

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Learning Analytics Market Trends Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

February 19, 2020 by Market-NewsFlash  

Learning Analytics Market Trends

Market Research Future (MRFR) postulates that the global learning analytics market is slated to register 26% CAGR during the forecast period (2017–2023). The proliferation of mobile devices is estimated to favor the market growth in the coming years. Learning analytics is referred to an analytical process which is performed to calculate the data gathered, interpret, and report the same information regarding learners and their way of methodology. Such analytical tools enable the data to improve their learning and the environment in which the learning takes place. Learning analytics evolve from a branch of science like statistics, psychology, sociology, information science, machine learning, and data mining in order to interpret the gathered data during teaching, learning, education administration, and other services.

Market Potential and Pitfalls

The market’s growth is chiefly directed by the augmenting need to evolve competitive strategies in order to sustain the market coupled with the increased focus on personalized learning. The accelerating increase in mobile devices like laptops, smartphones, and mobile tablets are some of the major factors likely to offer a better prospect to the market in the coming years. Several business organizations can determine the completion of training courses quantitatively, but on the other hand, find it very difficult to measure the qualitative aspects like social learning and informal experiences, and their results. Leaning analytics help to clarify the intangible learning experiences. Companies also require to retain a talented workforce in order to develop innovative products so that they can sustain in the market. Thus, business organizations across the globe lay stress on developing learning culture for their employees which helps to empower learning analytical tools in order to upsurge the innovation in the organization. Such factors are estimated to boost the learning analytics market throughout the globe. With the emergence of m-learning and e-learning, the market is likely to flourish.

On the contrary, the dearth of technical expertise in order to implement learning analytics coupled with the lack of data storage infrastructure are some of the top barriers considered to vitiate the market growth throughout the estimated period. Moreover, issues related to data protection, monitoring, data possession, and data controlling are estimated to impede the market growth in the coming years.

Global Learning Analytics Market: Segmental Analysis

The global learning analytics market has been segmented on the basis of services, tools, application, deployment, and end-user.

By mode of tools, the global learning analytics market has been segmented into content analytics, predictive analytics, discourse analytics, adaptive learning analytics, analytics dashboard, and others.

By mode of services, the global learning analytics market has been segmented into consulting service, training & support, integration & implementation, and others.

Competitive Dashboard

The prominent players operating in the global learning analytics market are Cornerstone OnDemand (U.S.), Jenzabar (U.S.), IBM Corporation (U.S.), McGraw-Hill Education (U.S.), Blackboard Inc. (U.S.), SAP AG (Germany), Knewton (U.S.), Oracle Corporation (U.S.), Saba Software Inc. (U.S.), Microsoft (U.S.), D2L Corporation (Canada), Kronos (U.S.),and Pearson Inc. (U.K).

More Information@ https://www.marketresearchfuture.com/reports/learning-analytics-market-5634

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Software Defined Perimeter Market Report Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

February 19, 2020 by Market-NewsFlash  

Software Defined Perimeter Market Report

Other prominent factors trending the global software defined perimeter (SDP) market include partnerships, product launches, business expansions, and mergers & acquisitions among the software defined perimeter (SDP) providers.

The global Software Defined Perimeter market is segmented by components, enforcement point, deployment, organization size and end-users. By component segment, the market consists of solutions & service. Solutions consists of security software, which is further sub-segmented into risk analytics and visualization, access control, ids, and IPS, data loss prevention, and others. The others sub-segment consists of control automation & orchestration solution, security compliance and policy management and & performance management & reporting. The enforcement point consists of controller, gateway & end-point. The services sub-segment consists of support & maintenance, training & education, integration & testing, and consulting. By deployment, the market is segmented into cloud and on-premise. By organization size, the market is segmented into small & medium enterprises and large enterprises. And by end-user segment, the market is segmented into BFSI, telecommunications & IT, retail & wholesales, healthcare & life science, transportation & logistics, media & entertainment, hospitality and others.

Access Report Deatails @ https://www.marketresearchfuture.com/reports/software-defined-perimeter-market-5453

According to Market Research Future Analysis, the global software defined perimeter market is estimated to generate revenue of approximately USD 7899 Million by 2023 growing at a CAGR of 35% during the forecast period 2017–2023

Some of the key players in the market are reported as Check Point Software Technologies Ltd. (Israel), Cisco Systems, Inc. (U.S.), Intel Corporation (U.S.), Symantec Corporation (U.S.), EMC RSA (U.S.), Fortinet, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Palo Alto Networks (U.S.), Certes Networks, Inc. (U.S.), Catbird, Inc. (U.S.). Vidder, Inc. (U.S.), Cryptzone North America Inc. (U.S.), TrustedPassage (U.S.), and VeloCloud Networks, Inc. (U.S.) and others.

North America accounts for a high share of the global software defined perimeter (SDP) market in terms of value, owing to early adoption of software defined perimeter and rapid rate of technological advancements in the region. In Asia Pacific market, enterprises in countries such as India and China are mostly operating in cloud-based applications, which is further aiding the market growth in the region. It is observed that, Europe and Japan also account for a significant value share in the global software defined perimeter (SDP) market.

More Information@ https://www.marketresearchfuture.com/reports/software-defined-perimeter-market-5453

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Position Tracking System Market Report Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

February 19, 2020 by Market-NewsFlash  

Position Tracking System Market Report Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

Position Tracking System Market Report

Position tracking systems are rising in popularity and are being widely used across various industry verticals. Position tracking system detects the current position of an object or person with the help of special sensors or markers. The position tracking system market has seen exponential growth over the past years, and Market Research Future (MRFR) projects burgeoning growth over the forecast period 2017–2023. Tracking devices are no more an added advantage; rather it is more of a management tool which more and more industries are employing for business advantage. Numerous factors are fueling the growth of position tracking system market. Positive market outlook and high potential for growth of the position tracking market are the primary drivers. The cost of installing position tracking system has gone down in the last few years and have become affordable for most companies. The expenses were pushed down due to rising trend of adoption of position tracking systems across various industry verticals. Government authorities have largely identified the benefits of position tracking system and a regulatory push for more tracking and traceability have supported the growth of the market. The need for ubiquitous connectivity, surging trend of deploying position tracking in fleet management, real-time bus, and car tracking, and vehicle tracking, increased use of position tracking systems in the marine industry, growing usage of internet and smartphones equipped with GPS are aiding the expansion of the market. A growing number of industries such as construction, mining, and the military have implemented position tracking system for enhancing productivity and performance. Furthermore, the rise in commercial vehicles which uses GPS and growth in the logistics industry is proving impetus to the market. Several barriers hinder the position tracking market. Data privacy concerns and lack of experts in the field are considered as the main factors which are impeding the market growth.

Segmentation

The global position tracking system market has been segmented based on component, connectivity, technology, type, and application. By component, the market has been segmented into hardware and software. The hardware sub-segment has been further segmented into display, sensors, battery, capacitors, resistors, and diodes. By connectivity, the market has been segmented into wired and wireless. By technology, the market has been segmented into RFID, GIS, internet tracking, GPS, WLAN, and others. By type, the market has been segmented into indoor tracking and outdoor tracking. By application, the market has been segmented into fleet analytics, vehicle tracking, maritime, telemetric, and industrial.

Regional Analysis

The key markets of the global position tracking system include North America, Asia-Pacific, North America, Europe and rest of the world. North America leads the market for position tracking and is estimated to remain dominant during the forecast period. U.S. and Canada are the principal contributors to the North American market. The growth can be attributed to technology advancements and increased adoption of position tracking systems across various industry verticals in the region. Europe and Asia-Pacific follow North America closely. However, Asia-Pacific market for position tracking is expected to consolidate its position in the market and grow at a rapid rate.

Competitive Landscape

The global position tracking system market is highly competitive with the presence of few well-established players. Some of the contenders include GPATS (U.S.), Cisco Systems, Inc. (U.S.), Kongsberg Maritime (Norway), Position Tracking Systems (U.S.), Axestrack (U.S.), Advanced Real-time Tracking (Germany), Rilapp Technologies (India), Trinetra Technologies (India), and Inmotio (Amsterdam) among others. Numerous competitive players are aiming at consolidating their market position by implementing various strategies such as mergers, acquisitions, product launches.

More Information@ https://www.marketresearchfuture.com/reports/position-tracking-system-market-5416

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Application Performance Management Market Insights Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

February 19, 2020 by Market-NewsFlash  

Application Performance Management Market Insights

Tools and processes responsible for monitoring and managing the performance and availability of software applications. Application performance management (APM) tools alert IT staff to disruptions in availability and/or quality to end users when accessing mission-critical applications. Applications monitored by APM tools can include traditional non-connected applications, Web-enabled applications, streaming apps, and cloud applications.

An application-centric manner is the ability to identify, diagnose and repair problems quickly, which is anticipated to fuel the growth of application performance management market over the forecast period. For instance, Oracle APM suite can segregate aborted transactions throughout the technology stack at the application level. These transaction management capabilities enable Oracle customers to reduce the number of hours and associated costs required to separate and detect delayed or aborted transactions, which paired with the resolution events will provide a lower mean time to resolution.

Regional Analysis

North America leads the global application performance management market. AppDynamics, an application performance management, and IT operations analytics company, launched Spring 17 APM platform. The company has included the AppDynamics Developer Toolkit, which aims at putting APM tooling into the hands of developers, allowing them to integrate that information into the workflow. The AppDynamics platform can be used to unlock information of many forms, from overall performance data to deep dive captures during a crisis. The Developer Toolkit also adds testing tools to the development lifecycle, which are capable of improving the developer’s view into the functioning of the overall application.

Asia Pacific region will maintain its momentum as enterprises in the region realize the importance of the reliable and high-speed performance of applications in the enterprise business environment.

BSEEN International Organization Ltd, a global operation focused on market entry and expansion for selected leading-edge technologies and Nastel, a premier global provider of business transaction performance solutions for mission-critical applications have entered into distribution partnership focusing on Asia Pacific region. Nastel’s application performance management solution, AutoPilot ensures the availability and performance of critical business applications via auto discovery, business transaction management, real-time monitoring, dynamic dashboards, complex event processing, application performance analysis, root cause analysis, proactive alerting and automated problem resolution.

Some of the key players in the market are IBM Corporation (U.S.), Hewlett Packard (U.S.), AppDynamics (U.S.), Oracle Corporation (U.S.), Compuware Corporation (U.S.), Microsoft Corporation (U.S.), CA Technologies (U.S.) among

More information@ https://www.marketresearchfuture.com/reports/application-performance-management-market-5292

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Video Streaming Software Market Size Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

February 19, 2020 by Market-NewsFlash  

Video Streaming Software Market Size

In recent times the Video-as-a-service (VaaS) has become extremely popular amongst enterprise owners. Its usage has become commonplace thanks to its feasibility over other options. But the fact to be noted is that the widespread usage of VaaS has also turned out to be beneficial for the global video streaming market. According to research report published by MRFR (Market Research Future) the video streaming software market will witness phenomenal progress during the forecast period of 2017–2023.

Video streaming software can enable individuals to have a real-time view of the content that has been uploaded on the internet in a compressed form. Some of the most common examples are Netflix, Hulu, Youtube and ITunes. All of these have gained immense recognition amongst the online viewers.

Currently, people have started switching from television to online mediums to entertain themselves. And thanks to this fact it can be confidently asserted that the global market for video streaming software will experience tremendous growth in the forthcoming years. The market is expected to make a huge turnover by the end of the forecast period. The CAGR too looks promising at 18%.

The craze for online videos is on an all-time high at present. This fact can be characterized as one of the major growth contributors for the market. The increased demand for on-demand video streaming further fosters the growth of this market.

Although, the market may have to face certain minor restraints like technical flaws and network connectivity issues. Efforts are underway regarding these concerns and soon enough a solution will be found.

Market Segmentation

The worldwide market for video streaming software has been segmented into four equal portions. All of these parts and their respective sub-segments are listed below:

Verticals — BFSI, education, media & entertainment, healthcare and government. The education sub-segment will be the one with power during this forecast term and it will grow at an unprecedented rate.

Components — Service and solution. Solution is further segmented into video management, video security, transcoding & processing, video delivery & distribution and video analytics. Amongst these the video analytics segment will have an upper hand and it will expand enormously over the forecast period.

Deployment — On –premise and on-cloud.

Streaming Type — Live streaming and video-on demand streaming. Out of them the live-streaming sub-division is anticipated to govern the market as it has struck a chord with the masses and they enjoy using it.

Regional Insights

The video streaming software market spans across various areas of the world. Some of the major ones can be listed as North America, Asia Pacific, Europe and Rest of the World.

After observing the growth strategies the report by MRFR (Market Research Future) concluded that North America accounts for the largest share of the market. It is because individuals of this region use video-streaming on a regular basis. Additionally this area also boasts of the presence of major market players and lump sum investments in video streaming services.

Industry News

28 March, 2018 — Viewers would be glad to know that soon Netflix and YouTube streaming video is going to get a lot faster. Market’s most prominent players have completed the initial version of video compression technology called as AV1 and they are now all set to speed up streaming viewer’s videos. This update has been highly appreciated by the industry experts and it is expected to stimulate the growth of the market.

More Information@ https://www.marketresearchfuture.com/reports/video-streaming-software-market-5228

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

CRM Analytics Market Trends Perceives A Fabulous Growth Prospects; Unleashed Market Insights Till 2023

February 19, 2020 by Market-NewsFlash  

CRM Analytics Market Trends

The need to communicate with customers faster is the fundamental factor that is powering the development of CRM analytics. Market focused reports associated with the information and communications technology among others lately have been made available by Market Research Future which issues reports on this industry. The market is expected to develop at a CAGR of 13% during the forecast period.

As customer are a valuable asset for supplementing the growth of the companies in the forecast period, the companies are showing growing inclination towards the development of the market. The amplified competition levels in numerous industries across the globe have also necessitated the need for CRM analytics that can aid in devising suitable strategies for retention and maintaining market position in the face of competition. Furthermore, the ability of CRMs in helping comprehend read attitudes, buyer’s behavior, recognize patterns have increased the attractiveness for the end users of the market significantly. The data insights offered by CRM analytics is anticipated to emerge as the key factor driving market growth in the forecast period.

Industry Segments

The CRM Analytics market is segmented on the basis of organization size, deployment, type, and end-users. The type based segmentation of the market comprises of customer analytics, contact center analytics, marketing analytics web, sales analytics, and social media analytics. The deployment segment of the market consists of cloud and on-premise. The organization size based segment of the market is segmented into medium, small, and large enterprises. The basis of end-user segmentation of the market consists of BFSI, retail & wholesales, transportation and logistics, media and entertainment, telecommunications and IT, healthcare and life science, hospitality, energy and utilities, manufacturing and others.

Access Report @ https://www.marketresearchfuture.com/reports/crm-analytics-market-5208

Detailed Regional Analysis

The CRM Analytics market comprises of regions such as Asia Pacific, Europe, North America, and Rest of the World. It has been perceived that the North American region is responsible for the biggest share in the CRM Analytics market globally, due to the creation of large volumes of data and amplified awareness to maintain a customer base. The Asia Pacific region is likely to be a rapidly growing region in the CRM analytics market due to the rise of small & medium enterprises and rivalry among enterprises to maintain in the customer base. The other factors such as expanding industries of telecommunications and IT, BFSI, transportation and logistics, healthcare and life science, and others are stimulating the CRM analytics market progress.

Global Competitive Analysis

The momentum of the market’s growth has altered the competitive background of the market. The vital trends and players have established a positive tone for development. Engaging and converting prospective opportunities is modifying the growth pace of the market considerably. By ensuring supply and demand are in balance the competitors can unlock new opportunities for growth. The opportunities for growth and innovation have increased at a rapid pace transforming the landscape of the market. The competitors in the market have been spurred to devise strategic road-maps that capitalize on the positive market cues. The key players and trends have made a positive tone for development.

The noteworthy contenders in the CRM analytics market globally are Salesforce Inc. (U.S.), SAP AG (Germany), IBM (U.S.), Oracle Corporation (U.S.), Infosys Ltd (India), Teradata Corporation (U.S.), Angoss Software Corporation (Canada), SAS Institute Inc. (U.S.), Accenture PLC (Ireland), Microsoft Corporation (U.S.), Infor (U.S.) and others.

More Information@ https://www.marketresearchfuture.com/reports/crm-analytics-market-5208

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Technological Advancements to Have Positive Impact on Asset Reliability Software (ARS) Market 2023

February 19, 2020 by Market-NewsFlash  

Asset Reliability Software (ARS) Market

The global asset reliability software market is predicted to grow at a 10% CAGR over the forecast period (2017–2023), reveals the new Market Research Future (MRFR) report. Asset reliability software simply put, is a vital tool which helps to automate massive administrative, commercial, technical, and financial activities that are assigned to the asset management team. This software helps to support enterprises in determining their usage requirements and quantitative business. Trending technologies such as analytics, big data, and IoT have generated new opportunities for asset reliability. Besides, the effect of industrial IoT on asset performance management is quickly reshaping the way in which assets are managed in industries.

In the modern, dynamic business environment, companies use various innovative methods for tracking the physical assets in the business. One such essential tool is the asset management software. The specialty of asset reliability software is this play a crucial role in managing systems effectively and also at the same time minimize upkeep costs. Also known as APM (asset performance management), asset reliability solutions help manufacturers to constantly attain higher levels of safety and operational efficiency by balancing risk and costs to optimize benefits and safety.

Various factors are driving the growth of the asset reliability software market. These factors, in accordance with the Market Research Future (MRFR) report, include higher returns on investment, minimized procurement and maintenance costs, increased capacity of assets in the business, and advancements in cloud-based asset services and digital information and analytics. Industries such as metal and mining, chemicals, utilities, retail, energy, IT and telecommunications, healthcare, government, transportation and logistics, manufacturing, and oil and gas have contributed to the asset reliability software market growth.

On the contrary, high installation cost, lack of skilled workforce, and concerns about data security are factors that may deter the asset reliability software market growth over the forecast period.

Market Segmentation

The Market Research Future report offers a wide segmental analysis of the asset reliability software market based on deployment, revenue source, and industry.

Based on revenue source, the asset reliability software market is segmented into services and software. The software segment is again segmented into maintenance repair and operations (MRO), field service management (FSM), non-linear assets, and linear assets. The services segment is again segmented into managed services and professional services.

Based on deployment, the asset reliability software market is segmented into cloud and on-premise.

Based on industry, the asset reliability software market is segmented into transportation, mining, chemical, food and beverages, defense, aerospace, and others.

Regional Analysis

Based on the region, the asset reliability software market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and Rest of the World (RoW). Of these, North America will have the lion’s share in the market and is predicted to hold its position over the forecast period. The technical advancements in the US is pushing the market growth in this region.

The asset reliability software market in the APAC region is predicted to have substantial growth over the forecast period. Japan, Singapore, South Korea, China, and India are the key contributors here. Factors that can be attributed to the growth of the market in this region include developments in communication technology and the advent of 5G services.

MORE INFORMATION@ https://www.marketresearchfuture.com/reports/asset-reliability-software-market-5072

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Global AI in Retail Market to be Worth $ 7 BN by 2023 Due to Efficient and Low-Cost Models

February 19, 2020 by Market-NewsFlash  

AI in Retail Market

Artificial Intelligence (AI) is used in almost every business around the world or at least in those countries where advanced technology is available. With the rise of the organized retail sector, the use of AI has to increase in this sector. The global artificial intelligence in the retail market, as published in a report by Market Research Future (MRFR), claims that this market could anticipate aggrandizement at 34% CAGR between 2017 and 2023. In terms of money, the market can be worth USD 7 Bn by the end of the forecast period.

One of the major market driving factors for the global artificial intelligence in retail market growth is the advancement in big data due to which adoption of artificial intelligence-enabled devices and services is increasing across different domains. Other important markets driving factors include the expansion of human-aware artificial intelligence systems, effective logistics & product delivery, low-cost operations, growing need for surveillance & monitoring at a brick & mortar store, high productivity, higher return on investment (RoI), improved user experience, and the growing scope of AI technologies. During the forecast period, the emergence of deep learning, machine learning (ML), and Natural Language Processing (NLP) technology are also expected to develop the AI-based solution for retail, resulting in market growth.

Market Segmentation

The global artificial intelligence in retail market in covers application, components, deployment, and technology.

The application-based segmentation of this artificial intelligence in retail market covers advertising, analytics, market forecast, merchandising, and surveillance. In the context of deployment, the artificial intelligence in retail market has been segmented into on-cloud deployment and on-premise deployment. As per the technology-based segmentation, the artificial intelligence in retail market covers deep learning, facial recognition, natural language processing, neural networks, and voice assistance.

Regarding components, the artificial intelligence in retail market has been segmented into services and solution. The services segment has been sub-segmented into managed services, professional services, installation services, and maintenance services. Solution segment has been sub-segmented into customer relationship management, product planning, supply chain management, visual search, virtual assistant, virtual assistant, and others.

Regional Segmentation

A geographical outlining of the global artificial intelligence in retail market encompasses North America, Europe, Asia Pacific, and Rest of the World (RoW).

North America retains the largest market share due to high demand among organizations to integrate artificial intelligence in countries like the USA and Canada. In North America, AI is used a lot in the retail sector, and many major market players are based in the USA. Mexico is the third major country-specific market in this region.

In Europe, the market is strong due to technologically mature countries like France, Germany, Italy, Netherlands, and the UK. In Europe, the retail sector is growing, and organized retail has witnessed significant growth in recent years.

During the forecast period, the Asia Pacific region can witness the fastest market growth due to increasing investment in new technologies as well as trending technologies. In emerging economies like China, India, and Japan, the use of AI is on the rise in the retail sector. In India, organized retail is growing, and retailers are embracing advanced technology for advertising, marketing, and better customer analytics. They are analyzing the experience and behavior of the customer.

The RoW segment covers Latin American countries and the Middle East & Africa (MEA). However, Latin American countries are lagging behind North America. Argentina and Brazil are two strong economies among Latin American countries. In the MEA region, the market growth is limited due to lack of organized retail sector and limited availability of technology.

Key Players

Major players in the global artificial intelligence in retail market include Amazon Web Services (USA), Google Inc. (USA), IBM Corporation (USA), Intel Corporation (USA), Microsoft Corporation (USA), NVIDIA Corporation (USA), Oracle Corporation (USA), Salesforce (USA), SAP SE (Germany), and Sentient Technologies (USA).

More Information@ https://www.marketresearchfuture.com/reports/artificial-intelligence-in-retail-market-5009

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email:
sales@marketresearchfuture.com

Global Big Data Analytics Market Set to Proliferate at 12% CAGR during the Forecast Period 2017 to 2023

February 19, 2020 by Market-NewsFlash  

Big Data Analytics Market Trends

Market Research Future (MRFR) projects that the global big data analytics market is set to proliferate at a CAGR of 12% during the forecast period 2017 to 2023. The big data analytics market is estimated to reach a valuation of USD 275 Bn by the end of 2023. The increased adoption of Internet of Things (IoT) is likely to have a positive impact on the growth of the global big data analytics market.

The integration of big data analytics solution into business enhances operational efficiency and decision-making ability, which is likely to accelerate its embracement in the foreseeable future. The initiatives undertaken by the governments in fast-developing economies for promoting digitalization is another factor favoring the big data analytics market proliferation.

The accelerated adoption of the technology has encouraged banking and manufacturing industries to catalyze investments in the big data analytics market. The trend is poised to continue across the projection period.

Market Segmentation:

By components, the global big data analytics market is segmented into hardware and software. The software segment is further sub-segmented into reporting and analytics, and data warehouse management system. The software segment is expected to retain a relatively higher share of the market over the forecast period.

By solutions, the big data analytics market is segmented into fraud detection, risk management, customer analytics, and content analytics. The boom witnessed in the telecommunication and media industries have boosted the growth of customer analytics and content analytics segments.

By end-user, the global big data analytics has been segmented into banking, discrete manufacturing, process manufacturing, government, telecom, insurance, transportation, and utilities. The banking, discrete manufacturing, and process manufacturing are expected to witness massive investments with the focus being on risk management, fraud prevention and security and compliance issues.

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Regional Analysis:

By region, the global big data analytics market has been segmented into North America, Asia Pacific, Europe and the Rest of the World. Led by the U.S., North America is likely to retain a dominant share in the big data analytics market over the forecast period. One of the key factors complementing the market growth and expansion in the region is the massive investments being made in the big data analytics market. Other factors responsible for the growth of the market include the adoption of the technology, presence of key players, technological advancements, etc. Europe and Asia Pacific are likely to remain significant growth pockets throughout the assessment period. The developed technological infrastructure in Europe and the consolidation of emerging markets such as India and China in Asia Pacific are expected to favor the growth of the global big data analytics market.

Competitive Dashboard:

Some of the key players profiled by MRFR in the report are Teradata Corporation (U.S.), VMware, Inc (U.S.), Tableau Software (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Pentaho (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Google Inc (U.S.), Hewlett Packard Enterprise (U.S), and Datameer (U.S.).

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