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Increasing Consumer Adoption to Increase Demand for Deep Learning Market During 2017 – 2027

A new report has recently been published by Persistence Market Research to present a comprehensive analysis of the global deep learning market. Titled ‘Deep Learning Market: Global Industry Analysis (2012 – 2016) & Forecast (2017 – 2027),’ this report is an in-depth study of the concept of deep learning and the performance of the global market for deep learning across key end use industry sectors across seven key geographies. The report carefully analyzes the different factors responsible for impacting market revenue growth over a 10 year assessment period from 2017 to 2027 and presents insights on the market growth and performance to investors and other key market stakeholders.

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Global Deep Learning Market: Revenue Forecast & Market Dynamics Analysis

According to Persistence Market Research forecasts, the global deep learning market is estimated to be valued at US$ 4,841.2 Mn by the end of 2017 and this is projected to increase to a whopping US$ 261,113.0 Mn by the end of the forecast period in 2027. This denotes an exponential compound annual growth rate of 49.0% recorded during the period of forecast. This growth can be attributed to a need for better processing hardware, increase in research and development activities in some markets around the globe, and rapid adoption of cloud based technologies across the globe.

However, deep learning requires high performance hardware that is not easily available. Cost is another limiting factor. Also, several enterprises prefer the traditional route over hyperparameter optimization. These factors are expected to restrict revenue growth of the deep learning market in the coming decade. Utilization of deep learning technology in smartphones and medical image analysis for diagnosis of chronic diseases such as cancer; and in virtual patient assistance is trending the global deep learning market.

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Global Deep Learning Market: Forecast Analysis by End Use Industry

The global deep learning market is segmented on the basis of end use industry into Manufacturing, Healthcare, Media & Entertainment, Security, Finance, and Others. Finance is the largest segment, expected to hold more than 40% value share of the global deep learning market by 2027. Finance is also expected to be the fastest growing end use industry segment, with a CAGR of 60.1% during the forecast period. In terms of value, the Finance segment is projected to be the most attractive in the global deep learning market during the period of study.

Global Deep Learning Market: Forecast Analysis by Region

Seven regional markets are assessed in this report on the global deep learning market. These key geographies are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, and the Middle East and Africa. North America is the leading regional market for deep learning, expected to hold 42.4% share of the global market by 2027 end. APEJ is the second largest regional market, with an estimated value share of just under 26% by the end of the forecast period in 2027. In terms of value, North America is projected to be the most attractive region in the global deep learning market during the period of study.

 

Global Deep Learning Market: Key Player Insights

The report profiles some of the top companies in the global deep learning market such as

  • Google Inc.
  • Microsoft Corp. 
  • IBM Corporation
  • Facebook Inc. 
  • Qualcomm Technologies, Inc. 
  • NVIDIA Corp. 
  • Amazon.com, Inc. 
  • Intel Corporation 
  • Clarifai, Inc.
  • Deep Instinct Ltd.
  • Others.

Key players are looking to adopt a strategy of moving to different sectors with their products from the deep learning algorithm to enhance revenue share in the global market. Companies in the global deep learning market are also focusing on improving their artificial intelligence capabilities and the deep learning service portfolio across multiple industry sectors like electronics retail.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Large Format Displays Market to Generate Heightened Revenue Prospects for Manufacturers in the Next Decade

CCFL and LED Backlit are the 2 technologies that are deployed currently in the types of backlight technologies. Among these, LED backlit are majorly preferred technology, being utilized in largest formats display devices worldwide. The LED Backlit segment is anticipated to reach market valuation of over US$ 20m Bn by the end of 2027, reflecting CAGR of 8.1% throughout the assessment period. The CCFL segment is estimated to expand at 1.2X throughout the assessment period, in terms of value. The LED Backlit segment is estimated to register high Y-o-Y growth rates during the assessment period.

Drivers and Restraints of Market

Rising international and sports events across the globe, rapid global urbanization and modernization and high mean time between failures are key factors that are projected to fuel the growth of the market. However, rising adoption of smart TV, higher cost, as well as increasing preference towards online advertising are several factors that are projected to limit the growth of the market.

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Technological developments in the display technology resulted into the launch of laser phosphorous displays. Due to some improved features like less power consumption, better image quality, the laser phosphor displays are anticipated to replace LCD and LED displays in foreseeable period.

Due to rising consumer demand for improved features like remote control functionality incorporated with ease of use, various companies are manufacturing large display formats, began including features such as simultaneous remote control of multiple large format display that enable operators to simultaneously control multiple displays remotely utilizing devices like personal computers.

Segmentation of Market

The global market for large format display market has been segmented into less than 80”, 40” to 80” and 32” to 40” on the basis of screen size. Based on product type, touchscreen, outdoor and standalone video are the segments of the market. Further, on the basis of deployment type, the market consists of rental and installed segments. On the basis of backlit technology, the market incorporates CCFL and LED Backlit. Sports, Government & Public, Retail, Education, Corporate, Healthcare, and Hospitality are the various end-users of the large format displays. The report reveals analysis of the market over Asia Pacific Excluding Japan, Middle East & Africa, North America, Western Europe, Japan, Eastern Europe, and Latin America regions.

North America is anticipated to remain the largest regional market, procuring nearly one-third share of the market by the end of 2027. The 2nd largest region in the market is Western Europe, procuring nearly 19% share of the market by the end of 2027, in terms of value.

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The installed segment, based on deployment type is projected to remain the largest, procuring over two-third share of market throughout the assessment period.

The 40” to 80” segment, by screen type is anticipated to expand 2.2X over the forecast period, procuring nearly three-fifth market share by the end of 2027.

The touchscreen segment, by product type is estimated to witness highest single-digit CAGR throughout the assessment period.

Based on the backlit technology, LED Backlit is projected to be the largest segment by the end of 2027, with 95% share of the market, in terms of value throughout the forecast period.

On the basis of industry, in terms of value, the industry segment is projected to remain the largest segment, holding nearly one-fourth share of the market by the end of 2027, reflecting single-digit CAGR.

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Competitive Landscape

The report profiles several leading market players contributing to the growth of the market such as

  • SAMSUNG 
  • LG Electronics 
  • NEC Corporation 
  • Panasonic Corporation 
  • Koninklijke Philips N.V.
  • Barco 
  • Sharp Corporation 
  • BenQ Corporation 
  • Planar Systems Inc.
  • Christie Digital Systems USA, Inc.
  • Others.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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Led Lighting Controllers Market to Exhibit Surge in Revenue Growth During the Forecast Period

To understand the various aspects of the global LED lighting controllers market, Persistence Market Research recently conducted a research study on LED controllers across the globe and has presented all insights in a research publication titled “LED Lighting Controllers Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. Several facets of the global market are analyzed across the key regions of North America, Latin America, Europe, Asia Pacific (APAC) and Middle East and Africa (MEA). This reflects an all-inclusive angle of the research with which a realistic picture of the entire market can be drawn. Weighted market segmentation along with extensive analysis on various segments of the global LED lighting controllers market is presented in a systematic and orderly format.

Global LED Lighting Controllers Market: Forecast Highlights

The research report on the global LED lighting controllers market states that the global market is projected to soar at a stellar CAGR of 17.4% during the forecast period to reach a valuation of above US$ 5 Bn by 2025 end from a value of around US$ 1,400 Mn in 2017.

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Global LED Lighting Controllers Market: Segmental Analysis

The global LED lighting controllers market is segmented on the basis of connectivity, by end user, by technology and by region.

  • By connectivity, wireless LED lighting controller segment is expected to be the fastest growing segment and is expected to reflect a CAGR of 21.1% during 2017-2025 and reach an estimation above US$ 2,600 Mn by the end of the assessment year. This segment is likely to lead the global market.
  • By region, Asia Pacific is the largest with a higher valuation and high growth rate in the global LED lighting controllers market. The LED lighting controller market in this region is estimated to reach US$ 2,067.5 Mn by 2025 end and is projected to rise at a 19.4% CAGR during the forecast period.
  • By end user, street lighting segment is likely to dominate the global market with respect to high market valuation by the end of the assessment year. The residential segment is poised to grow at the highest CAGR of 21.0% during the period of forecast.
  • By technology, time scheduling segment is the largest and most lucrative as it is estimated to touch a higher valuation by 2025 end and is expected to grow at a high CAGR of 20.6% throughout the period of forecast.

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Global LED Lighting Controllers Market: Growth Influencing Factors

Several drivers fuelling the growth of the global LED lighting controllers market include rapid development of smart lighting infrastructure, increased adoption of smart lighting solutions in real estate, increasing partnerships with government authorities, various benefits of LED lighting controllers, growing demand for better lighting infrastructure, increasing lighting projects worldwide, increasing green building projects, rising demand for LED lighting controllers in the night club industry, growing applications of lighting solutions in the healthcare industry, increased government spending on smart city projects, rising inclination towards adoption of smart technology products, growing smart street lighting projects, favorable government initiatives and rising adoption of LED lighting controllers in retail stores. Challenges faced by wireless lighting control systems such as high maintenance and periodic battery change, less awareness about modern and smart lighting fixtures, challenges associated with centralized lighting control systems and high installation costs are hindering the growth of the global market for LED lighting controllers.

Global LED Lighting Controllers Market: Competitive Assessment

The report includes details on key companies operating in the global market. Profiles of companies such as

  • Prominent Players
  • Hubbell Lighting, Inc.
  • GE Lighting, LLC
  • OSRAM Licht AG
  • Royal Philips NV
  • Acuity Brands Lighting, Inc
  • Eaton Corporation
  • Schneider Electric S.E
  • Honeywell International
  • Lutron Electronics
  • CREE, INC
  • Others.

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Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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It Service Management Tools Market to Witness Significant Incremental Opportunity During 2017-2025

Understanding various facets of the global IT service management tools market, Persistence Market Research has come up with an analytical research publication titled “IT Service Management Tools Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. The comprehensive IT service management tools research report focuses on various developments, trends, restraints, opportunities, drivers and challenges impacting the growth of the global IT service management tools market. These factors vary in magnitude in different regions for which a detailed analyses is covered in this research report. Along with this, a detailed competition assessment and forecasts for a period of eight years, from 2017-2025, are elaborated with respect to each segment and sub-segment of the global IT service management tools market.

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Global IT Service Management Tools Market: Growth Influencing Aspects

Transition from traditional helpdesk to IT service management tools, transformation of IT service catalogue to enterprise service catalogue, increasing prominence of cloud services and several benefits associated with IT service management tools such as prediction and prevention of issues before their impact on end users, improvement in delivery of services, enhanced business processes and asset utilization, rise in delivery velocity as well as quality of new business services, enhanced integration and faster resolving of problems to increase quality of service and reduce costs are supporting the growth of the global IT service management tools market. Factors like lack of in-house expertise, longer turnaround times and security associated with cloud deployment are pulling the growth of the IT service management tools market.

Global IT Service Management Tools Market: Forecast Analysis

As per the research report on the market for IT service management tools, the global market is estimated to reach a value of more than US$ 5 Bn by the end of the assessment year from a value of about US$ 2.6 Bn in 2017 and is projected to grow at a high CAGR of 9.3% during the period of forecast, 2017-2025.

Global IT Service Management Tools Market: Segmental Highlights

The global IT service management market is segmented by type, by deployment, by industry and by region.

  • By type, the configuration management segment is expected to showcase high potential in the years to follow. This segment is expected to lead the global market with respect to market value. It is estimated at more than US$ 700 Mn in 2017 and is expected to reach a valuation of more than US$ 1.4 Bn by the end of the period of assessment with a robust CAGR
  • In the deployment category, the cloud segment is expected to witness higher adoption in the future. This segment gained quick popularity owing to various benefits it offers. The cloud deployment segment is expected to grow at a high CAGR of 10.1% throughout the period of assessment. On the contrary, the on-premise segment is anticipated to lead the market with a high estimation as it is poised to reach about US$ 3 Bn by the end of 2025
  • By region, North America is expected to show higher attractiveness in the years to come. The IT service management tools market in North America is expected to soar at a robust rate to reach a high market value of about US$ 2 Bn by 2025 end. Asia Pacific region also shows high potential and the market in this region is projected to grow at a higher pace to register a CAGR of 10.0% throughout the period of forecastFor critical insights on the keyword market, request for methodology here @ https://www.persistencemarketresearch.com/methodology/19393

Global IT Service Management Tools Market: Competitive Landscape

The research report on global IT service management tools market includes an in-depth analysis on key companies participating in the market. Key companies such as

  • ServiceNow, Inc.
  • Atlassian
  • IBM
  • CA Technologies
  • BMC Software, Inc.
  • Ivanti Software
  • ASG Software
  • Axios Systems
  • SAP
  • Cherwell Software
  • Others.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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Smart Watch Market to Generate Profitable Avenues for Existing Companies as Well as New Players

Every passing day, people’s desire to represent themselves with trending fashion is leading to adopt latest attire. Smart watches are trending wearable, that are blend of smart technology and fashion. Further, people those are health conscious are lucky to have this smart way to monitor different aspects related to health and can easily share it with their health advisors through digital techniques. Smart watches are equipped with technology that allows it to connect with smartphones via Bluetooth or other sharing techniques so as to quickly go through notifications or messages etc.

Long-term Overview

According to an exclusive study on global smart watch market by Persistence Market Research, the market is estimated to exhibit tremendous growth with 16.6% CAGR to reach above US$ 30,811 Mn by the end of forecast period (2017-2025). Continuous innovations in smart watches have led this market to achieve highest expansion.

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Dynamics of Market

Smart watches allow one to integrate apps and extend usage of the mobile phone. Latest features in smart watch with android operating system include handwritten recognition, much easier way to reply to messages, Google assistance on the wrist and the apps can now run without the phone in reach. According to the report, the android wear smart watch segment is anticipated to increase at double-digit CAGR value over the assessment period. Whereas, the smart watches based on iOS platform will expand at steady growth rate and are anticipated to retain its dominance in the smart watch market throughout the assessment period.

Several smart watches have technology to pay bill through just a tap. The apple pay features provides this facility to consumers to pay hassle-free. One’s credit card details can be stored in the watch without opening wallets, he/she can pay through it. However, these smart watches cost a lot more than regular one. Such kind of facility won’t be available in medium price smart watches. The report reveals, in terms of revenues, the medium price smart watches are likely to witness steady expansion through 2025, while low price smart watch segment will showcase high y-o-y growth rate.

Also, on the basis of age group, 25-34 years segment is likely to remain most attractive in the global smart watch market, in terms of value throughout the forecast period. Moreover, 15-24 years segment is likely to witness expansion at double digit CAGR over the assessment period.

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The study also analyzes dynamics of market on the basis of sales channels. The market has been segmented into organized retail chain, unorganized retail chain and e-commerce stores. Among these, organized retain chain segment is expected to register high y-o-y growth over the assessment period. Further, in terms of value, the segment is anticipated to increase at staggering double-digit CAGR throughout the assessment period. The online e-commerce segment had secured over US$ 3,876 Mn revenues in 2016 and projected to grow at steady CAGR throughout the assessment period. However, the online e-commerce store segment is expected to be most lucrative segment of the global smart watch market over the assessment period.

On the other side, the market also has been segmented in to extensive smart watch, hybrid smart watch, standalone smart watch, on the basis of product type. Among these, the standalone smart watch segment retained its dominance in 2017, procuring more than one-third revenue share of the market.

The North America, Latin America, MEA, APAC and Europe are 5 key regions that are analyzed in the report. Asia Pacific retained its dominance in 2017 in smart watch market with the contribution of more than US$ 2,915 Mn to the global market. In addition, the North America smart watch market is anticipated to grow at high CAGR throughout the assessment period.

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Vendor Insights

Number of companies are contributing in growth of the smart watch market. Some of the leading companies that have huge contribution are profiled in the report include,

  • Fitbit Inc.
  • Samsung Electronics Co., Ltd
  • Sony Corporation
  • Garmin Ltd.
  • Fossil Group, Inc.
  • Huawei Technologies Co., Ltd.
  • Xiaomi Corporation
  • Nokia Corporation (Withings)
  • LG Electronics Inc.
  • Others

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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Iso Certification Market to Generate Heightened Revenue Prospects for Manufacturers in the Next Decade

Persistence Market Research has analyzed several factors of the ISO certification market from a global perspective and has skilfully presented the insights based on these aspects in its new research publication titled “ISO Certification Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. The analytical research study covers various trends, developments, restraints and challenges faced by ISO certificates which has impacted the global market for ISO certificates.The report covers analysis on each and every segment of the ISO certification market thus giving a realistic market scenario which can be used to assess future moves from a strategic standpoint.

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Global ISO Certification Market: Current Scenario

The global ISO certification market is valued at about US$ 11.8 Bn in 2017. The global market has witnessed a negative CAGR and is poised to reach a valuation of around US$ 2.8 Bn by the end of 2025. The huge volume of re-certification during the timeline 2017-2018 and huge renewal of certifications during the year 2023-2024 is the main reason for the market to show a negative CAGR.

Global ISO Certification Market: Drivers

With the emergence of new technologies and launching of new products, plenty of nonstandard, low quality products are available in the market. These products may prove harmful to customers in various ways. As a result, customers are becoming increasingly aware of the safety and quality of products, thereby raising the demand for products which are certified with some renowned standards. As such, all the renowned enterprises across various industries are increasingly focusing on the standardization of their products and processes, giving rise to growth in the certification market.

Environmental degradation has become a cause of concern in major parts of the world. Recently, numerous government regulations tightened the operations of industries in order to reduce their harmful effects on the environment. Stringent regulations have also has forced industries to obtain environmental management systems certification so that their operations remain unhindered. Apart from sticking to governmental regulations, industries now experience a lot of other benefits, including monetary and non-monetary benefits, like gaining a competitive advantage, growing interest of insurance companies, increasing investor confidence, creating a positive public image, and developing better customer relationships. Moreover, certifications can enhance the business operations by enabling them to use the resources more effectively and reduce the amount of waste generated by them. All these benefits lure organizations across various industries to get certified with the latest environmental management systems certifications, thereby raising demand for the ISO 14001:2015 certifications market.

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Global ISO Certification Market: Restraints

The process of certification relies on heavy documentation, which requires a long amount of time to complete. This long-lasting process increases the complexity of the business, thereby hindering the operations of companies, especially the small firms. This may hold back many companies from attaining certification, thereby hindering the growth of the market. This coupled with high cost of certification are posing challenges to the growth of the global ISO certification market.

Global ISO Certification Market: Segmental Acumen

The global ISO certification market is segmented by certification, by industry and by region.

  • Environmental management systems ISO 14001:2015 segment in the certification category is expected to be the largest segment followed by information security management systems ISO 27001:2013 certification. The environmental management systems ISO 14001:2015 segment is valued at about US$ 4.3 Bn in 2017
  • By region, Asia Pacific is likely to be the largest region and is highly lucrative for the global ISO certification market. The Asia Pacific ISO certification market, by the end of 2025, is anticipated to reach a value of about US$ 1.4 Bn
  • By industry, the others segment is the largest thus dominating the global market. In 2017, this segment reflected a value of about US$ 6.4 Bn

Global ISO Certification Market: Competitive Analysis

The global ISO certification market research report includes key players such as

  • Bureau Veritas
  • DNV GL AS (International Standards Certifications Global FZ LLC)
  • SGS SA
  • Lloyd’s Register Group Services Limited
  • Intertek
  • The British Standards Institution
  • CERTIFICATION EUROPE
  • NQA
  • Lakshy Management Consultant Pvt. Ltd.
  • URS Holdings
  • Others.

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About us:

 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

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Increased Adoption of Gas Leak Detector Market across End-Use Industries to Fuel Revenue Growth During the Forecast Period

According to a new market report published by Persistence Market Research “Global Market Study on Gas Leak Detector Market – Asia Pacific to Witness Highest Growth by 2020”, The global gas leak detectors market accounted for US$ 2,312.2 Mn in 2014 and while exhibiting a CAGR of 5.3% over the forecast period. The Global Gas Leak Detector Market is expected to reach US$ 3143.67 Mn by the end of 2020, representing a CAGR of 5.29% through 2015 to 2020.

Key driving factors, identified in the global gas leak detectors market are stringent government safety norms, growing investment in oil & gas and chemical Industries and increasing commercial and residential infrastructure development. However, lower profit margin due to intense competition deferred investments in oil and gas might pose a challenge towards the growth of the global gas leak detector market.  Some of the major trends identified in the global gas leak detector market are the use of internet of everything (IoT) and artificial neural network technology and gas leak detectors.

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The global gas leak detector market report is categorically split under four sections namely: market analysis by region, applications, product type and technology. The report analyses the global gas leak detector market in terms of market value (US$ Mn) and volume (Million Units).
From a regional perspective, North America, Latin America, Eastern Europe and Western Europe together contributed 50% of the global gas leak detector market value in the year 2014. Whilst Asia Pacific excluding Japan contributed total 35%, making it the largest geographical segment in the global gas leak detector market. The Middle East and Africa gas leak detector market are projected to grow at promising CAGR of 6.27% through the forecast period.
From the product type perspective, Portable type gas leak detectors accounted a leading share in the global gas leak detector market value in 2014, which is projected to remain dominant throughout the forecast period. The fixed type gas leak detector market is projected to exhibit CAGR of approximately 3.8% for the year 2015 to 2020.

On the basis of technology type, the electrochemical-based gas leak detector is the predominant segment with a total share of about 38%, whilst the ultrasonic, semiconductor and infrared based gas leak detector cumulatively accounted for 46.6% % in the global gas leak detector market value in 2014. When compared with other remaining technology segment the infrared based gas leak detectors is projected to grow at higher CAGR of 6.30% over the forecast period.

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From an application perspective, the Industrial application segment of the gas leak detector is the largest segment of the global gas leak detector market in 2014. Out of the sub-segment oil & gas is the major segment, holding the largest market share as compared with other remaining sub-segment. On the other hand, the market value accounted in the year 2014 by commercial establishment application segment is approximately 2.5X of the value registered by the residential segment. Others application segment is expected to grow at a CAGR of 7.1% from 2015 to 2020.

Key market participants covered in the report include

  • MSA Safety Inc.
  • Honeywell International Inc.
  • Tyco International plc.
  • Dragerwerk AG & Co. KGaA.
  • Emerson Electric Company.
  • Others.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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Mobile Value Added Services Market To Reach An Estimated Value Of US$ 698,900 Mn By 2017-2022

Mobile phones are now being used as a multipurpose device that have a powerful utility and infotainment potential rather than just used for making voice calls. From just a click of a button, one can find nearby restaurants, pay bills, receive latest breaking news and stock updates, and much more. The potential for mobile value added service market is endless. On top of this, there is a rapid increase in the usage of social networking applications and mobile banking and payments, and this is also giving a huge boost to the mobile value added service market. Furthermore, introduction of faster communication services are opening up the gates for new opportunities in this market. There is a great demand for entertainment services provided through mobiles and this generates opportunities in the on-demand music and video, specialized content in the local language and beaming of live television shows and sports events on mobiles. There is another segment of revenue which consists of caller tunes, contests that are based on SMS and subscription based alerts. As the popularity of smartphones increases and their prices decrease, consumers want more and more value added services on their mobiles for which they are willing to pay. Due to such factors, the market for mobile value added service is witnessing a sharp rise in demand.

The global mobile value added service market is slated to touch a value of about US$ 698,900 Mn in the year 2022 and grow at a robust CAGR during the assessment period.

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 Forecast Highlights on Global Mobile Value Added Service Market

  • As per the forecast of Persistence Market Research, the wireless application protocol segment is slated to touch a value of nearly US$ 221,000 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The wireless application protocol segment is estimated to account for more than one-fourth of the revenue share of the platform segment by the year 2017 and is forecasted to gain market share by 2022 over 2017.
  • As per the forecast of Persistence Market Research, the enterprise end user segment will reach a value of about US$ 122,400 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The enterprise end user segment is forecasted to account for nearly one-third of the total revenue share of the end user segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
  • As per the forecast of Persistence Market Research, the mobile browsing segment is slated to reach a value of more than US$ 167,300 Mn in 2022. The mobile browsing segment is expected to lose market share by the end of the year 2022. The largest share is contributed by the North America region in the mobile browsing segment.
  • Persistence Market Research forecasts the U.S. mobile value added service market to exhibit a compound annual growth rate (CAGR) of nearly 9% from 2017 to 2022.For critical insights on the keyword market, request for methodology here @ https://www.persistencemarketresearch.com/methodology/5060

The report has also included the profiles of some of the leading companies in the mobile value added service market like

  • AT&T Inc.
  • Apple, Inc.
  • Alphabet Inc.
  • Blackberry Ltd.
  • Samsung Electronics Co. Ltd.
  • Sprint Corporation 
  • Vodafone Group Plc.
  • Tech Mahindra Ltd.
  • ZTE Corporation
  • OnMobile Global Limited
  • Others.

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About us:

 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
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Ph.no. +1-646-568-7751

E-mail id- [email protected]

Website: https://www.persistencemarketresearch.com

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Public Cloud Management And Security Services Market Worth US$ 26.41 Bn By 2017-2022

Several businesses are opting for cloud computing. It thus becomes imperative to deploy security measures to protect their work material. Cloud management and security services are used to safeguard information, data, applications, passcodes, and so on. Rise in threats pertaining to security along with cost benefits are few of the main aspects driving the growth of the global public cloud management and security services market. The operational advantages offered by public cloud management security services have led several enterprises to adopt cloud systems, thus the enterprise division has contributed towards the growth of the global public cloud management security services market. The rise in the IoT technology (Internet of Things) and new trends in this segment has fuelled the growth of the market for public cloud management security services worldwide. Rise in smart cities along with government initiatives and support has pushed the adoption of cloud system and hence the growth of the global public cloud management security services market.

The global public cloud management security services market is anticipated to reach a value of US$ 26.41 Bn by 2022 end and is poised to grow at an exponential growth rate to reflect a CAGR of 25.9% throughout the assessment period.

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6 Forecast Highlights on Global Public Cloud management and Security Services Market

  • North America region anticipated to dominate the global market by displaying high market share as well as high growth rate by registering a 28.7% CAGR during the assessment period. Following North America, APEJ and Europe region also show high potential with respect to growth rate in the coming years
  • By function, the IT operation management segment is anticipated to grow at an exponential growth rate as compared to other segments to reflect a 31.4% CAGR during the assessment period. Storage management segment reflects high potential, poised to grow at high CAGR
  • By function, the security segment is expected to reflect high market share by 2022 end. It is likely to reflect dominance the global market by function during the period of assessment, and shows significant growth rate during 2017-2022
  • By enterprise, the large enterprise segment shows high market share, thus reflecting dominance over the global market. However, owing to increase in the number of small and medium size businesses opting for cloud services, the small and medium enterprise segment is anticipated to show high growth rate to reflect a CAGR of 29.9% during the period of assessment
  • By Security, IAM & user authentication segment is anticipated to reflect high market share and comparatively high growth rate during the assessment period. this segment is likely to grow at a high 28.6% CAGR during the period of assessment, followed by other cloud-based security services segment and SIEM segment
  • By vertical, the healthcare segment is likely to grow at the highest growth rate to reflect a CAGR of 32.3% during the period of assessment. The BFSI segment is more likely to show dominance over the global market with respect to high market value in the coming years

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The report has also profiled key leading players in the global public cloud management and security services market, which would remain active through 2022. These include players like

  • Accenture Inc.
  • Microsoft Corp.
  • IBM Corp.
  • Oracle Corp.
  • Amazon Web Services, Inc.
  • Capgemini SE
  • Cisco Systems, Inc.
  • Cognizant Technology Solutions Corporation
  • VMware, Inc.
  • SAP SE
  • Others.

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About us:

 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
United States

Ph.no. +1-646-568-7751

E-mail id- [email protected]

Website: https://www.persistencemarketresearch.com

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Sales Revenue of Building Automation Systems Market to Shoot Up Owing to Augmenting Demand During the Forecast Period

In reference to a new report published by Persistence Market Research, the global building automation systems market will showcase significant growth between 2016 and 2026. Manufacturers of building automation systems are rapidly adopting new regulations set across the globe and they are also lining up new products to meet rising market demand. The Persistence Market Research report titled, “Building Automation Systems Market: Global Industry Analysis & Forecast, 2016-2026”, talks in detail about the market psyche and also scrutinizes the market drifts which are expected to impact the future of the global building automation systems market. The global building automation systems market was valued more than US$ 43 Bn in 2015 and is expected to mint better revenue by the end of 2016, reaching approximately US$ 48 Bn. The market will continue its journey towards expansion and the market worth will reach US$ 141.1 Bn towards the end of 2026. The global building automation systems market will record a CAGR of 11.1% during the projected period.

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Global Building Automation Systems Market: Factors and Trends Impacting Growth

Governments around the globe are rolling out different precautionary measures to cut down the wastage of energy. Different new regulatory methods are adopted to reduce the consumption of energy. This is a massive booster for the global building automation systems market. Several big economies around the globe such as Europe, US and Japan have already curated some restrictive methods to revise the previous trends. This opens a new window of opportunity for the global building automation systems market. A slew of new technologies that are eroding this market are actively affecting the global canvas of the market. Better and more advanced technologies are enhancing the end-user experience and also increasing market outreach. The introduction of smart web-based, cloud-based control networks backed by the Internet of Things (IOT), mobile technologies, integrated building systems and facility management solutions are expanding the periphery of the global building automation systems market. Last but not the least, the urgent need for consolidated security solutions is also pushing ahead the market growth of the global building automation systems market. These key factors will complement the all-round development of the market within the forecast period but there are also certain key factors that might barricade the normal development of the market within the period of forecast. Building automation systems come with a high price tag and this is expected to impact their widespread adoption. The absence of skilled manpower is another market growth deterrent.

Global Building Automation Systems Market: Revenue Forecast

The rising incidences of security violations across the globe are likely to impact the growth of the security and surveillance segment in the global building automation systems market. The security and surveillance segment will exhibit a robust growth in terms of revenue and will overshadow the market within the forecast period. The commercial segment will contribute notably to the global building automation systems market. Towards the end of the projected period, the commercial segment will touch a market worth of more than US$ 63 Bn and will record a CAGR of 10.9%. Apart from this the government and residential segments will also project promising growth trends by 2026 end. North America will lure maximum investors, as the building automation systems market in this region will exceed a whopping value of US$ 55 Bn by the close of 2026.

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Global Building Automation Systems Market: Top Contenders

The global market for building automation systems is crowded with several players. The Rheem Manufacturing Company, United Technologies, General Electric, Lennox International, Philips Lighting Holding B.V., Ingersoll-Rand Plc. Honeywell International Inc., Johnson Controls are some of the major players contributing to the growth of the market. They are establishing smart IT backed platforms to provide advanced building automation systems to their customers.

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About us:

 

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
United States

Ph.no. +1-646-568-7751

E-mail id- [email protected]

Website: https://www.persistencemarketresearch.com