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Showing posts from October, 2022

Smart Bed Market Global Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects 2032

  Our report on the  smart bed market  provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing penetration of smart homes, demand for higher levels of comfort from developed areas, and increasing investments in sleep technology. The smart bed market analysis includes application segment and geographic landscape. This study identifies the rising adoption of technology-driven devices as one of the prime reasons driving the smart bed market growth during the next few years. Also, growth in IoT healthcare applications and rapid growth in the real estate sector will lead to sizable demand in the market. The analyst presents a detailed picture of the market by the way of study, synthesis, and summat...

Silicon Carbide Market Size, Share, Trends, Industry Analysis 2032 Industry Analysis and New Market Opportunities Explored By 2032

  The  silicon carbide market  is estimated to expand at a CAGR of 7.5% over the forecasted period. During this projection era, it is expected that the silicon carbide market share would increase from its current valuation of US$ 2.8 billion in 2022 to a net worth of US$ 5.8 billion by 2032. Carborundum is another term for silicon carbide. It is anticipated that silicon carbide will replace other silicon-based semiconductors and transistors on the market because it helps the system reduce size and power loss by 50%. Silicon Carbide Market: Drivers and Limitations Various factors such as the increase in demand for motor drives, compact system size and the increase in the use of silicon carbide in cellular base station and radio frequency devices are some of the factors driving the growth of the silicon carbide market during the forecast period. . Silicon carbide reduces power system loss by 50% due to increased adoption of compact size semiconductors in v...

Digital Signage System Market Global Demand and Regional Analysis 2032

  The global  digital signage system market  is projected to record a CAGR of  11.5%  from 2022-2032.Decline in price of display devices, rising scope of GPS market, increasing demand for digital out-of-home (DOOH) applications and a growing demand for additional integrated features in digital signage systems are expected to increase the scope of digital signage software market A wired or wireless network connectivity platform enhances the system’s capabilities by allowing it to communicate with other connected digital devices. Effective content and an easy-to-use content management system (CMS) are essential components of any digital signage solution for delivering real-time dynamic material. The digital signage system market on the basis of technology can be segmented into LCD or plasma, OLED and LED  display  technology. On the basis of software, the market can be divided into content management software, distributi...

Microgrid Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2032

  Future Market Insights has as of late distributed a statistical surveying report on  Microgrid market . The review presents an itemized investigation on the verifiable information, current and future market situation for the Microgrid market. The anticipated CAGR for the overall microgrid market from 2022 to 2032 is 11.4 percent, which demonstrates that it is developing well. The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness a healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the Microgrid market in the upcoming decade. According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding d...

Enterprise Video Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2032

  The estimated CAGR of 13.8% during the projected period, the  enterprise video market  share is expected to reach US$ 77.32 billion by 2032, finds a recent report published by FMI. The study finds that the rising demand for enterprise video due to avoiding disruptions during video conferencing reflects the adoption of enterprise video. Sales of enterprise video are expected to rise significantly. In addition to this, sales of enterprise video are rising, accounting for US$ 27.8 Bn by 2026. Increasing sales of enterprise video are also projected to contribute to the growth of the enterprise video market share. Employee productivity is severely hampered by a lack of effective communication tools. Noise or low-quality footage during an enterprise video might cause misunderstandings and waste time for employees. Poor enterprise video streaming quality and disruptions during video conferencing are severely restricting worker collaboration, particularly in the COVID-19 circums...

Conversational AI Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2032

  According to a recent study by FMI, the  conversational AI market  is expected to reach US$ 40.5 billion by 2032, up from US$ 8.3 billion in 2022, expanding at a high CAGR of 17.2%. This study explains that the key factors such as rise in demand for AI-based Gartner chatbots solutions are expected to augment the growth of the market during the forecast period. The major factors that are expected to accelerate the growth of the conversational AI market during the forecast period include increasing demand for AI-powered customer support services, omnichannel deployment, and reduced chat bot development costs.  Furthermore, the rising demand for AI-based chatbots to stay connected and increasing focus on customer engagement are the major factors adding value to the conversational AI offerings, which is expected to provide opportunities for enterprises operating in various verticals in the conversational AI market. With advancements in the use of AI technology, organizatio...

Learning Management System (LMS) Market Size, Share, Trends, Industry Analysis 2032 Industry Analysis and New Market Opportunities Explored By 2032

  According to this study, the market growth is anticipated to pick up speed during the forecast period as a result of factors like the expansion of initiatives and developments aimed at digitalizing education, widespread adoption of  learning management systems   among educational institutions, rising internet penetration, and rising smartphone adoption. Between 2022 and 2032, the learning management system (LMS) market is anticipated to expand at an astonishing CAGR of 18.0 percent. The market is anticipated to increase from US$ 18.8 billion in 2022 to US$ 98.5 billion in 2032. The major factor that is expected to propel the growth of the learning management system market during the forecast period includes the growing demand for smart and interactive learning platforms, such as electronic learning (e-learning), open online courses, mobile education, and online tutorials, coupled with the growing preference for training and learning sessions. Educational institutes ...

Conversational AI Market Share, Development by Companies Outlook, Growth Prospects and Key Opportunities by 2032

  According to a recent study by FMI, the  conversational AI market  is expected to reach US$ 40.5 billion by 2032, up from US$ 8.3 billion in 2022, expanding at a high CAGR of 17.2%. This study explains that the key factors such as rise in demand for AI-based Gartner chatbots solutions are expected to augment the growth of the market during the forecast period. The major factors that are expected to accelerate the growth of the conversational AI market during the forecast period include increasing demand for AI-powered customer support services, omnichannel deployment, and reduced chat bot development costs.  Furthermore, the rising demand for AI-based chatbots to stay connected and increasing focus on customer engagement are the major factors adding value to the conversational AI offerings, which is expected to provide opportunities for enterprises operating in various verticals in the conversational AI market. With advancements in the use of AI technology, organizatio...

Accounts Receivable Automation Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2032

  Accounts Receivable Automation Market is expected to reach US$ 6.6 Billion by 2032, up from US$ 2.4 billion in 2022, expanding at a high CAGR of 10.7%. This study explains that the key factors such as growing volumes of financial transactions have led to a need for an efficient cash management system, which in turn fuels the market growth. The major factors that are expected to accelerate the growth of the Accounts Receivable Automation Market during the forecast period include improving cash position, increase control over cash and working, increased account receivable management efficiency, and improved customer communication, with rise in customer service and satisfaction with reduced administrative cost in minimizing credit risk. Moreover, the rising workflow automation practices across different industry sectors have led to automation in account receivable processes. These solutions help in improving the cash flow as well as reduce the accounting cycle time. All these fa...

Silicon Carbide Market Comprehensive Shares, Historical Trends And Forecast By 2032

  The  silicon carbide market  is estimated to expand at a CAGR of 7.5% over the forecasted period. During this projection era, it is expected that the silicon carbide market share would increase from its current valuation of US$ 2.8 billion in 2022 to a net worth of US$ 5.8 billion by 2032. Carborundum is another term for silicon carbide. It is anticipated that silicon carbide will replace other silicon-based semiconductors and transistors on the market because it helps the system reduce size and power loss by 50%. Silicon Carbide Market: Drivers and Limitations Various factors such as the increase in demand for motor drives, compact system size and the increase in the use of silicon carbide in cellular base station and radio frequency devices are some of the factors driving the growth of the silicon carbide market during the forecast period. . Silicon carbide reduces power system loss by 50% due to increased adoption of compact size semiconductors in v...

Artificial Intelligence In Cybersecurity Market Size, Share, Trends, Industry Analysis 2032 Industry Analysis and New Market Opportunities Explored By 2032

  The market for  artificial intelligence in cybersecurity  was estimated to be worth about US$16.5 billion. By the end of 2032, the market is expected to have grown at a CAGR of 16.2% over the subsequent ten years, with a projected worth of about US$ 91.7 Bn. The growing demand for sophisticated cybersecurity and privacy solutions is one of the main drivers of the market’s rise. With the help of AI-based cybersecurity solutions, it is now possible to fundamentally move away from signature-based detection in favor of more flexible and continuous network monitoring as it deviates from expected behavior. Businesses use AI to automate cyber defense against spam and phishing, as well as to find malware, fraudulent payments, compromised machines, and network infrastructure. The cost-availability nexus is another facet of AI development that adds to the widening of the range of destructive actors. North America will see continued revenue growth in Artificial Intelligence in...

Retail Warehouse Management Systems Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2032

  The projected CAGR of 12.7% during the forecast period, it is expected that the global  retail warehouse management systems market  will generate revenues of around US$6,396.8 million by 2032, up from US$1,930.9 million in 2022. (2022-2032). The development of e-commerce and increased technological investment in emerging regions such as North America and Asia Pacific is creating demand for retail warehouse management systems significantly. Due to automation of warehouse management using various technologies is cutting expenses of workforce allocation.  Retail warehouse management systems aids in streamlining the operation of supply chain management, logistics and product scheduling in retail enterprises. There are several benefits of this system which include the reduction in inventory, labor costs, increased customer service and inventory efficiency.  Retail warehouse management system offers solutions for scheduling of goods required in stock...

Chatbot Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2032

  The global  chatbot market Analysis  is anticipated to reach a valuation of US$ 4.2 Bn by 2032 from US$ 580.3 Mn in 2022, rising at a CAGR of 21.8% throughout the forecast period. In 2020, the chatbot market was projected to have a modest slowdown due to the worldwide shutdown. The COVID-19 epidemic has shook almost every business, causing a surge in turnover. Despite the fact that crucial items are exempt from the lockdown, the shortage of workers to operate on manufacturing lines, supply networks, and transportation has a negative impact on the availability of vital commodities. The issue is likely to be under control by early 2021, with demand for chatbot solutions and services expected to surge as businesses attempt to improve customer experience and build tailored relationships with prospects. A wide variety of chatbot solutions and services will be used by a variety of industries to support digital transformation programs that address mission-critical procedures, i...

Stock Trading App Market Global Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects 2032

  Stock Trading App Market  is an online marketplace that allow users to trade stocks and other securities. The Stock Trading App Market was founded in 2010 and is headquartered in New York City. The Stock Trading App Market offers a variety of different features, such as real-time quotes, charts, news, and analysis The stock trading app market is expected to escalate at a CAGR of 20.8% from USD 13.6 Billion in 2022 to USD 89.8 Billion through 2032 because of: Artificial intelligence-based Chabot’s are becoming increasingly popular with electronic trading platforms as one of the newest trends in the market. Trader’s use Chabot’s for a variety of reasons, including providing answers to general FAQs, providing real-time estimates, reporting their accounts, receiving account notifications, and evaluating market conditions. Stock trading app market insight driven by artificial intelligence drives the adoption of trading platforms Artificial intelligence (AI) is expected to d...

Burglar Alarm Systems Market Share, Development by Companies Outlook, Growth Prospects and Key Opportunities by 2032

  The global  burglar alarm systems market  was estimated at US$ 5.5 Billion in 2021 and is projected to procure US$ 5.9 Billion by 2022. The market is anticipated to garner US$ 11.8 Billion by 2032 while recording a CAGR of 7.2% during the forecast period from 2022 to 2032. Expansion of the market can be attributed to the increasing utility in residential and commercial buildings and the adoption of advanced technologies like AI & Big data to enhance security services across various developing countries. Moreover, wireless burglar alarms are another salient factor augmenting the industry in the assessment period. The growing usage of these Burglar Alarm Systems in huge buildings where it is very difficult and inefficient to provide security by physical mode, these system increases sets the alarms in case of any movement and alerts the concerned person or authority. Thereby, with the soaring infrastructural growth, the demand for these alarming systems is increasi...

Network Forensics Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2032

  Network Forensics Market  registering 12.5% CAGR during the forecast period (2022-2032), to reach US$ 8.9 Bn in 2032.Expanding enterprise computing and growing importance for network monitoring & analysis is the key factor contributes the growth of global network forensics market. Network forensics is an advanced tool, which enables identification and investigation of network attacks by recording, storage, and analysis of an enterprise network traffic. Network forensics delivers a complete record of network communications, equipped with powerful search and analysis tools for combing stored traffic to find critical information. Network forensics is an essential IT capability helps organizations to optimize its IT planning and reporting structure, enables faster troubleshooting, incident diagnosing and also provides faster characterization and remediation of security attacks. Network Forensics Market: Market Dynamics Expanding network connectivity, complexit...

Network Management System Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2032

  Growing Adoption of  Network Management Systems  by Data Centres to Enhance Performance is Expected to Drive the Market; 8.6% CAGR anticipated through 2032 The network management system (NMS) market is estimated to increase at a CAGR of 8.6% from US$ 9.1 Billion in 2022 to US$ 20.77 Billion by 2032. The increased need for in-depth insight into network security and Quality of Service (QoS), as well as expanding network infrastructure, are projected to fuel the growth of the network management system (NMS) market. Intent-based networking, which uses AI and machine learning to automate administrative operations across a network, is also driving the network management system (NMS) market. Key Takeaways   In the component sector, platform from the Network Management System (NMS) market are anticipated to flourish at the quickest CAGR of 8.1%. With a CAGR of 8.0%, on-premises are predicted to grow significantly in the deployment sector o...

5G Chipset Market Current and Future Trends, Leading Players, and Regional Forecast By 2032

  According to a recent study done by FMI, the  5G chipset market  is expected to reach US$ 180 Billion by 2032, up from US$ 21 Billion in 2022, expanding at a high CAGR of 25.5%. This study explains that the rising demand for high-speed internet and large network coverage for several applications, such as distance learning, autonomous driving, multiuser gaming, videoconferencing, live streaming, telemedicine, and augmented reality, is expected to propel the growth of the 5G chipset market. The speed and reliability of 5G are expected to have a massive impact on machine-to-machine (M2M) and IoT. Key reasons for the increased adoption of new M2M technologies are better connectivity for smooth communication and low power requirement. The existing capacity of mobile networks must be able to handle billions of nodes that are expected to ascend in the next couple of years to achieve effective M2M communication. Currently, the network capacity is incapable of handling M2M a...

Network Management System Market By End User, By Region, Industry Analysis and Forecast, 2032

  Growing Adoption of  Network Management Systems  by Data Centres to Enhance Performance is Expected to Drive the Market; 8.6% CAGR anticipated through 2032 The network management system (NMS) market is estimated to increase at a CAGR of 8.6% from US$ 9.1 Billion in 2022 to US$ 20.77 Billion by 2032. The increased need for in-depth insight into network security and Quality of Service (QoS), as well as expanding network infrastructure, are projected to fuel the growth of the network management system (NMS) market. Intent-based networking, which uses AI and machine learning to automate administrative operations across a network, is also driving the network management system (NMS) market. Key Takeaways   In the component sector, platform from the Network Management System (NMS) market are anticipated to flourish at the quickest CAGR of 8.1%. With a CAGR of 8.0%, on-premises are predicted to grow significantly in the deployment sector o...

Conversational AI Market Size, Share, Trends, Industry Analysis 2032 Industry Analysis and New Market Opportunities Explored By 2032

  According to a recent study by FMI, the  conversational AI market  is expected to reach US$ 40.5 billion by 2032, up from US$ 8.3 billion in 2022, expanding at a high CAGR of 17.2%. This study explains that the key factors such as rise in demand for AI-based Gartner chatbots solutions are expected to augment the growth of the market during the forecast period. The major factors that are expected to accelerate the growth of the conversational AI market during the forecast period include increasing demand for AI-powered customer support services, omnichannel deployment, and reduced chat bot development costs.  Furthermore, the rising demand for AI-based chatbots to stay connected and increasing focus on customer engagement are the major factors adding value to the conversational AI offerings, which is expected to provide opportunities for enterprises operating in various verticals in the conversational AI market. With advancements in the use of AI technology, organizatio...

Cloud ERP Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2032

  The global  cloud ERP market  is expected to reach a valuation of US$ 277 Mn by 2032 from US$ 63 Mn in 2022, rising rapidly at a CAGR of 16% throughout the forecast period. The growing desire among businesses to improve operational efficiency and optimize business operations, the impact of the COVID-19 pandemic, and the increasing use of cloud-based solutions are all driving the expansion of the cloud ERP sector. According to the global cloud ERP market study, businesses all over the world are concentrating on optimizing their business processes in order to increase operational efficiency while keeping track of running costs. Businesses are looking for a centralized solution to manage a variety of business activities, including finance and accounting, sales and marketing, procurement, and supply chain management. Cloud ERP gives businesses the flexibility and scalability they need to optimize their processes and increase efficiency. Cloud ERP...

Cloud Billing Market Current and Future Trends, Leading Players, and Regional Forecast By 2032

  The global  cloud billing market  is expected to increase at a Compound Annual Growth Rate (CAGR) of 15.2%, from USD 3.5 billion in 2021 to USD 7.10 billion by 2026, according to FMI. One of the most powerful drivers driving cloud billing tools and service adoption across regions is the expanding number of cloud billing enrollees. Cloud billing suppliers are projected to benefit from factors such as increased international student mobility and more government efforts and financing. The pandemic has been beneficial to the cloud billing market. Due to the COVID-19 pandemic, cloud billing systems, particularly usage-based pricing, have gained appeal as businesses adjust their budgets and preferences to survive the pandemic. Furthermore, enterprises all over the world are increasing their investments in cloud billing systems to maintain operations. Governments are introducing programs to assist companies during the pandemic...

Chatbot Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2032

  The global  chatbot market  is anticipated to reach a valuation of US$ 4.2 Bn by 2032 from US$ 580.3 Mn in 2022, rising at a CAGR of 21.8% throughout the forecast period. In 2020, the chatbot market was projected to have a modest slowdown due to the worldwide shutdown. The COVID-19 epidemic has shook almost every business, causing a surge in turnover. Despite the fact that crucial items are exempt from the lockdown, the shortage of workers to operate on manufacturing lines, supply networks, and transportation has a negative impact on the availability of vital commodities. The issue is likely to be under control by early 2021, with demand for chatbot solutions and services expected to surge as businesses attempt to improve customer experience and build tailored relationships with prospects. A wide variety of chatbot solutions and services will be used by a variety of industries to support digital transformation programs that address mission-critical procedures, improve op...

Wireless Microphone Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2028

  A new research study by Future Market Insights (FMI) presents useful insights on the growth in the adoption of wireless microphones across key regional markets. According to the report titled “Wireless Microphone Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028,” the wireless microphone market is growing rapidly due to the changing technological environment that is intensifying the competition among players. According to the report, the global  wireless microphone market  is expected to witness a CAGR of 8.0% from 2018 to 2028. In 2017, the market was worth US$ 1,926 Mn and is expected to reach a valuation of US$ 4,496.9 Mn by the end of 2028. Manufacturers are focussing on offering wireless microphones with high functionality and innovative design in order to acquire a large share in the global market. Some of the key players such as Shure Incorporated, DPA Microphones, RODE Microphones, Samson Technologies Inc., JTS Professional,...

Catalog Management System Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2032

  According to the conclusions of the FMI research, during the projected period, the global  catalog management systems market  is estimated to increase at a CAGR of 8%, from USD 1.3 billion in 2021. Rising consumer demand for items, expanding internet access, and increasing smartphone prevalence are likely to fuel catalog management systems market expansion, acting as a stimulus for catalog management solutions from e-commerce businesses. The catalog management systems market is fragmented since a significant number of firms compete in it. The major factors projected to boost the usage of catalog management software among companies and SMEs across a variety of sectors, including retail and e-commerce, media and entertainment, telecom, IT, and travel and hospitality, are increased cloud adoption and digital transformation. Vendors in the catalog management systems market could expect additional prospects in developing nations throughout APAC and MEA. The market for ca...