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The global Language Translation Software Market Size witnesses rapid traction. The market growth attributes to the increased demand and adoption of translation solutions & services in major end-user industries. Besides, the growing demand for language translation solutions from healthcare, travel & transport, media & entertainment, and the education industry boosts market size.  

With substantial investments in developing translation platforms and improve services, the market is likely to witness significant growth in the years to come. According to Market Research Future (MRFR), the global language translation software market is poised to create substantial valuation by 2027, pervasively growing at a phenomenal CAGR during the review period (2020-2027).

Translation and interpretation solutions enable businesses to succeed in a new culture, helping them to focus on local content adaptations with all relatable content that appropriately fits into the local culture. Moreover, these help increase social media outreach and targeted email marketing campaigns and make e-commerce easier to navigate. 

In advertising & marketing, translation solutions help to use many figurative languages, which need a high level of cultural understanding to translate. In the eCommerce sector, translation services are necessary to increase the market reach to customers who speak different languages. 

Rise in online marketing & SEO and the e-commerce sector substantiate the market valuation. Furthermore, increasing government initiatives and funding in developing multilingual translation technology impact the language translation software market growth positively. 

Global Language Translation Software Market - Segments

The market is segmented into components, functions, organization size, verticals, and regions. The component segment is sub-segmented into solution and service. The sub-segment service comprises managed service, professional service, and integration service. The sub-segment solution comprises statistical-based machine translation, hybrid machine translation, and rule-based machine translation. 

The function segment is sub-segmented into translation, localization, interpretation, and others. The organization size segment is sub-segmented into small & medium-size enterprises and large enterprises. The vertical segment is sub-segmented into healthcare, media & entertainment, government, IT & telecommunication, and others. The region segment is sub-segmented into Americas, Europe, Asia Pacific, and the rest-of-the-world.

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Global Language Translation Software Market - Regional Analysis

North America leads the global language translation software market, mainly due to technological advances. Besides, the largest market share attributes to the presence of a large number of LTS providers in the region.

Rising adoption of advanced translation and interpretation solutions in various industry verticals in the region drives the regional market growth. Moreover, the rising penetration of natural language processing, machine learning, and multilingual translation technology substantiates the market growth in the region.

Global Language Translation Software Market - Competitive Landscape

The language translation software market appears to be competitive due to the presence of several well-established players. Players initiate strategic approaches such as mergers & acquisitions, collaboration, innovation, and brand reinforcement to gain a larger competitive share. The market would witness intensified competition with innovations and an increase in R&D investments and M&A. 

Major Players:

Players active in the LTS market are Lionbridge Technologies, Inc. (US), Bigword Group Ltd. (England), Languageline Solutions (US), Google Inc. (US), IBM Corporation (US), Global Linguist Solutions (US), Babylon Corporation (Israel), Microsoft Inc. (US), Systran (South Korea), and Cloudwords Inc. (US), among others. 

Industry/Innovation/Related News:

Aug. 16, 2021 --- Toppan Digital Language announced the acquisition of GlobaLexicon, a London-based language service provider (LSP). Toppan Digital Languages has a very clear and long-term strategy to become the leading language solutions provider for regulated and business-critical content.

The gap in language solutions for the market research sector is a key factor that encouraged the acquisition. And it plans to get there through a combination of high-quality acquisitions and organic investment. Toppan Digital Languages plans to expand its coverage of the research and analytics market.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Segmentation:

The global Data Virtualization Market Growthf or data virtualization has been segmented on the basis of data consumers, vendors, and end-user.

On the basis of data consumers, the global data virtualization market has been divided into Business Intelligence (BI), Mobile Enterprises and Application servers. Of these, Mobile enterprise has the largest market share, rising rapidly at 5% annual growth. The main factors that add value to the mobile enterprise are the increase in smartphone penetration, the increase in real-time information capture, and the efficiency and productivity of the organization to make their business mobile ready.

On the basis of vendors, the global data virtualization market has been categorized as large software vendors, service providers, specialized pure play vendors, and supplementary technologies. Informatica, Cisco, and Denodo are the leaders and major software vendors. However, as such, Microsoft is not a leader or competitor but holds the place in supplementary technologies in data virtualization.

Based on the end-user, the global data virtualization market has been segmented into healthcare, insurance, retail, manufacturing, E-commerce, media, telecom, and government.

Regional Analysis

Regionally, the global data virtualization market has been segmented into North America, Europe, APAC, and the rest of the world.

North America expected to gain the highest market share. Data virtualization is held integrated through different technology and trends such as cloud services, enterprise services, application servers, and several data architects, CIO's CTO seems to have an interest in data virtualization. With the early adoption of innovative technologies, North America is leading the way.

Key Players

This market is held by some of the renowned players who have contributed a lot to it. Some of the most prominent players are Cisco Systems (US), IBM Corporation (US), Red Hat Software (US), Informatica (US), Denodo Technologies Inc (US), SAP SE (Germany), Capsenta (US), Data Virtuality (Germany), Oracle Corporation (US), and Microsoft Corporation (US).

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Market Highlights

According to Market Research Future (MRFR), the global Data Virtualization Industry size is estimated to reach approximately USD 278 billion, with a 15% CAGR from 2017 to 2023 (forecast period). The study report includes a brief overview of the impact of COVID-19 on current/future market conditions. The report describes some of the main market factors that will influence the growth of the industry, such as market share, critical region, and major players.

Data Virtualization is a straightforward approach to data management by allowing an application to retrieve and manipulate data without needing any technical details about the data (old and new file location servers.

Market Dynamics

The Data Virtualization Industry is expected to expand at a rapid rate, accounting for enterprise applications such as CRM, ERP, CMS, ESB, BI, Web conferencing, and many others. Data virtualization can be experienced as an advanced and user-friendly variant of the Data Federation, but there is a major difference between them. Data federation also revolves around data extraction, data transform, and data load, while data virtualization creates an abstraction layer that can be used to have a logical view of all data without even worrying about the technical specifics of the data. Data virtualization federated data from various sources, such as operational systems, cloud services, data centers, relational databases, and others, creates an abstraction layer, and delivers data to users such as enterprise applications and application servers.

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Data Virtualization Industry, By Data Consumers (Business Intelligence (BI), Mobile Enterprises, Application Servers), By Vendors (Large Software vendors, Specialize Pure Play vendors, Service providers, Supplementary Technologies), By End – User (Healthcare, Insurance, Retail, Manufacturing, E-commerce, Media, Telecom and Government) and By Region (North America, Europe, APAC and Rest of the World).

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Market Analysis 

The global Streaming Analytics Market Analysis size will touch USD 16 billion at a 33% CAGR in the forecast period (2020- 2027), states the latest Market Research Future (MRFR) report.

 Drivers 

Growing Adoption of Cloud-based Streaming Analytics Software to Boost Market Growth 

Organizations are moving steadily their on-premise IT infrastructure and data processing to the public cloud that is likely to add to the growth of the cloud-based streaming analytics software driven by the growing availability of pre-built, reliable, scalable platforms as a service for every possible application development and deployment need across the organization. Businesses are utilizing such cloud applications platforms for designing and operating applications much faster and easier with minimal coding while laying emphasis on the core business logic. Besides, the concerns related to security in the cloud are decreasing as public cloud becomes more secure. This gets validated through the increasing use of public and private cloud by large BFSI companies even in case of critical business processes. This will boost market growth.

 Opportunities 

Growing Adoption of IoT across Verticals to offer Robust Opportunities 

The growing adoption of IoT across verticals will expand the demand for data streaming solutions that in turn will offer robust opportunities to the market over the forecast period.

 Restraints 

Lack of Experienced Workforce to act as Market Restraint 

The lack of experienced workforce coupled with high cost of deployment and integration of advanced analytics solutions may act as market restraints over the forecast period.

 Challenges 

Lack of Awareness to act as Market Challenge 

The lack of awareness about streaming analytics solutions and its benefits may act as a market challenge over the forecast period.

 Market Segmentation 

The global streaming analytics market is bifurcated based on deployment, application, service, and component.

 By component, the software segment will lead the market over the forecast period.

 By service, the managed service will dominate the market over the forecast period.

 By application, the fraud detection segment will spearhead the market over the forecast period.

 By deployment, the cloud deployment segment will have the lions share in the market over the forecast period.

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COVID-19 Analysis 

The ongoing pandemic had a noteworthy impact on societies and economies and also the streaming analytics market and their customer behavior. Owing to the work from home effect and social distancing policies, the growth of the market has been hampered. The market has lost its productivity, investors, supply chains, and others owing to lockdown in different regions. Besides, key players in the market have experienced various challenges for the data infrastructure inflexibility. Thus key players are trying in fighting the situation by ensuring the security and privacy of data across various networks & keeping their assets online. 

 Regional Analysis 

North America to Head Streaming Analytics Market 

North America will head the market over the forecast period. Adoption of advanced analytics tools via small and big enterprises, the presence of major players, growing adoption in Canada and the US, higher adoption of streaming analytics software and services for organizations becoming customer-centric, the increasing adoption of digital business strategies, and increasing adoption of advanced analytics services and software by enterprises at various levels to sustain in the market and attain improved business functioning are adding to the global streaming analytics market growth in the region. 

 Key Players 

Eminent players profiled in the global streaming analytics market report include Apache Software Foundation (U.S.), Microsoft Corporation (U.S.), Datatorrent (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), Informatica Corporation (U.S.), Software Ag (Germany), Tibco Software (U.S.), Impetus Technologies (U.S.), SQLstream (U.S.) among others.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Segmentation:

The Unified Facility Management Market Growth has been considered for components, deployment type and applications.

The primary components discussed in the report include service, solution and software.

The various deployment types mentioned in the study are on cloud as well as on premises.

The applications of unified facility management solutions and services are IT & telecom, BFSI, education, retail and healthcare.

Regional Analysis

The Global Unified Facility Management Market, by region, has been segmented into Asia Pacific, North America, Europe and the Rest of the World.

North America can possibly race to the top of the global market in the years ahead. The high consumption of unified facility management solutions across various industries such as real estate and health care seems to be working in favor of the regional market. Another reason cited for the market growth is the rising uptake of IoT in unified facility management. The high awareness level among consumers regarding the advantages of the IoT technology and the willingness to spend high amounts on the installation of IoT tools as well as tech also foster the market expansion in North America.

Asia Pacific is all set to post the highest expansion rate during the appraisal period, with MRFR expecting India, Japan and China to emerge as the most lucrative markets in the region. a mounting number of vendors from diverse industries are increasingly using unified facility management solutions to cater to the unmet demand of the customers. The APAC market is also considerably bolstered by the surge in the number of cybercrime and attacks, and the rising need to address the issue among leading vendors.

Renowned Industry Vendors

Some of the most renowned industry vendors are Oracle Corporation (U.S.), SAP SE (Germany), CA Technologies (U.S.), iOffice Corporation (U.S.), International Business Machines Corporation (U.S.), Archibus, Inc. (U.S.), FM Systems, Inc. (U.S.), Trimble Navigation, Ltd. (U.S.), Accruent LLC. (U.S) and Planon Corporation (Netherlands) to name a few.

Recent News

July 2020

Tzadik Management, a well-known property management vendor recently acquired JM Real Estate, a commercial property management firm. Acquiring JM Real Estate can mean managing property contracts for close to 60 areas as well as 2.5 million square feet of office, retail, industrial and medical properties. This will be the first real estate company acquisition for Tzadik Management, as part of its plan to expand its real estate business across Florida, U.S.

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Market Highlights

The unified facility management market 2020 is on track to procure a strong valuation of USD 70 Billion by the year 2023, reveals Market Research Future (MRFR). MRFR also believes that the market holds the potential to attain a CAGR of 15% between 2017 and 2023, which is the evaluation period. We will provide COVID-19 impact analysis with the report, along with all the key developments since the coronavirus disease outbreak.

COVID-19 Analysis

The COVID-19 outbreak has reiterated the importance of how organizations manage their facilities and deliver their services. Leased or owned offices, retail stores, manufacturing facilities and warehouses are now carefully studying and modifying their plans following the pandemic. Since the advent of SARS-CoV-2, unified facility management service vendors are now turning more strategic, while giving top priority to aspects like safety and hygiene. Technology innovations and the increase in the adaptive nature of enterprises due to the lockdown imposed have boosted the sophistication of unified facilities management solutions, leading to higher demand.

The novel coronavirus has compelled vendors to modify their existing services to ensure continuance of the businesses. The situation has further boosted the need for automation of facility management processes, ranging from service requests to move-ins, and energy management to customization. The COVID-19 impact on companies has steered their focus towards new activities and services that can ensure that the employees come back to their workplace. IoT and artificial intelligence technologies are increasingly being used to bolster the efficiency of operations and enhance building management, by facilitating remote monitoring.

Top Boosters and Main Barriers

Unified facility management solutions are gathering massive attention from enterprises due to their ability to boost the efficiency of the business. The global market is also getting a significant boost from the increasing uptake of AI/artificial intelligence as well as IoT/internet of things (IoT) and more. The rising need among enterprises to adhere to the regulatory and environmental regulations and the escalating demand for integrated facility management to boost revenues can also be an incredible growth enhancer in the market.

The flourishing services industry along with the increasing use of automation and digitization across diverse industries can also work in favor of the unified facility management market in the following years. The rampant demand for these solutions in retail, healthcare, BFSI and more for extensive applications can translate significant revenue generation in the coming years.

 The unified facility management market is also likely to be presented with opportunities in the form of cloud-based services that are gaining traction across enterprises. More and more renowned companies are trying to leverage the opportunities by adopting effective strategies such as portfolio expansion, mergers & acquisitions, product development and more. This can catalyze the adoption of unified facility management services among enterprises across industries, leading to better market growth over the projection period.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Cloud Object Storage Market - Segmentation 

The report is segmented into services, organization sizes, cloud deployment, end-users, and regions. The services segment is sub-segmented into support & maintenance services and professional services. The organization size Small & Medium Enterprises (SMEs) and large enterprises. 

The cloud deployment segment is sub-segmented into private cloud, hybrid cloud, and public cloud. The end-user segment is sub-segmented into BFSI, social media platforms, IT & telecommunication, and others. The region segment is sub-segmented into North America, Europe, Asia Pacific (APAC), and the Rest-of-the-World (RoW).

Cloud Object Storage Market - Regional Analysis

North America dominates the global COS Market. Factors such as substantial R&D investments by most cloud computing organizations foster the growth of the COS market. Technological advances and the proliferation of the internet, tablets, and other smart connected devices boost the regional market growth. The North American cloud object storage market is projected to retain its dominance over the global market.

Cloud Object Storage Market - Competitive Analysis 

The market appears hugely competitive and fragmented, with several well-established players forming a competitive landscape. Market players adopt several strategic approaches such as mergers & acquisitions, collaboration, expansion, and innovations, supporting their growth and expansion plans. Also, they make substantial investments in R&D to develop adept technologies and products to deliver reliable, leading-edge products and services.

Major Players:

Players leading the cloud object storage market include Hewlett-Packard Enterprise (US), Caringo Inc. (US), Dell EMC (US), International Business Machines Corporation (US), International Data Corporation (US), Microsoft Corporation (US), Hitachi Data Systems (US), Data Direct Networks (US), Netapp, Inc. (US), and Google (US), among others. 

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Overview

The cloud object storage market is garnering constant revenue growth. The benefits of cloud object storage (COS) for higher education are major driving forces behind the rapid market growth. Rising demand for cloud-based services and the proliferation of smart and connected devices substantiate the size of the COS market, offering a different approach for data retention.

Recent COVID 19 pandemic has accelerated the push to go off-premises. This penetration of cloud is not expected to slow down over the next few years as universities and colleges focus on quality hybrid learning experiences for students. However, storage remains a challenge for many higher education institutions continuing with blended or online learning.

With the rising demand for improved user experiences, the market will garner significant gains over the next six years. According to Market Research Future (MRFR), the global cloud object storage market is estimated to create an exponential valuation by 2027, registering a massive CAGR during the anticipated period (2020 – 2027).

Traditional storage options like storage area networking (SAN) and network-attached storage (NAS) are not ideal for unstructured assets. Rising amounts of unstructured data encourage organizations to adopt COS technologies to support organizational information and handle the explosion of data. Furthermore, increased demand for pre-installed storage services influences the market growth.

Increased need for additional storage solutions for consumer electronic devices, alongside the emergence of industry-leading cloud capabilities, positively impacts the market's growth. Additionally, the rising uptake of cloud-based technology and personal devices boosts the growth of the market. Also, the increasing availability of broadband connectivity drives the market.

Industry/ Innovation/ Related News 

July 08, 2021 --- MinIO, a pioneer in high-performance, Kubernetes-native object storage, announced its partnership with Red Hat to offer its hybrid COS platform on the Red Hat marketplace. The collaboration would enable enterprises to create their multi-tenant object storage as a service, which can be deployed and managed across hybrid cloud environments using a single interface. Red Hat OpenShift to MinIO's roster of supported Kubernetes platforms represents a significant milestone for its customer base.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

The study by MRFR also digs some segmentation of the global AI in Manufacturing Market Growth, which has been done through the component, technology, application, and vertical.

In terms of component segment, the market has included software, hardware, and services.  Among these, the hardware segment has included memory, processor, and network. Also, the processor segment has covered the graphical processing unit (GPU), a microprocessor unit (MPU), application-specific integrated circuits (ASICs), and field-programmable gate array (FPGA). In the last segment, the services segment also has a breakdown into support & maintenance and deployment & integration.

In terms of the technology segment, the market has included natural language processing, machine learning & deep learning, computer vision, and context-aware computing.

In terms of the application segment, the market has included supply chain management, predictive maintenance, field services, IT management, robotics, quality control, and others.

In terms of vertical segment, the market has included aerospace & defense, automobile, semiconductor & electronics, energy & power, pharmaceuticals, food & beverage, and others.

 Market Highlights

The take of global artificial intelligence (AI) in the manufacturing market 2020 recorded by Market Research Future reveals that the market can hit 47.09% to the net worth with USD 14.77 billion by 2024 amid the long-term impact of COVID-19. The years of growth is calculated to be from 2019-2024.

Top Grossing Factors

The global artificial intelligence in the manufacturing market has gathered pace in its growth amid COVID-19 breakthrough with rapidly evolving industrial automation and IoT, at present. Artificial intelligence is one of the highest-growing technologies in recent years. Artificial intelligence is allied with human intelligence with similar characteristics such as understanding, problem-solving, reasoning, language, and learning. An amalgamation of AI in the manufacturing industry offers a safer operational environment, which further assists in enhancing the quality and quantity of production.

One of the main factors, such as the exponential growth in digital data, is motivating the growth of artificial intelligence (AI) in the manufacturing market. It is approximated that by the year 2020, around 1.7 megabytes of new data will be created every second. It is further approximate to expand at 40% over the next ten years. Such growth is attributed to the escalating adoption of big data technologies and IoT devices along with the ascend in popularity of cloud platforms among enterprises. All these factors are cheering the adoption of artificial intelligence solutions among the manufacturers to process the data and extract actionable insights.

Furthermore, the factor of enhancement in automation in the manufacturing industry and the rise in demand for big data integration boost the escalation of artificial intelligence in the manufacturing market. With this, prevalent usage of machine vision cameras in manufacturing applications, such as material movement, machinery inspection, quality control, and field service, is also to drive the growth of artificial intelligence in the manufacturing market for the forecast period.

Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7745                Segmentation:

Regional Analysis

Market Research Future (MRFR) study has covered some key countries in the regional analysis of artificial intelligence (AI) in the manufacturing market—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America in the rest of the world.

Artificial intelligence in the manufacturing market is currently led by the Asia-Pacific region as the primary economic countries such as India, China, the Philippines, and South Korea are the major manufacturing centers of electronics, semiconductors, pharmaceuticals, and energy & power. Further, the escalating adoption of robots in manufacturing processes is anticipated to aid the region is leading the market throughout the forecast period.

The region of North America is the second highest contributor to the artificial intelligence market. The US is the first adopter of new technologies for applications such as process planning, factory automation, production scheduling, and engineering design.

Artificial intelligence (AI) in the manufacturing market in Europe is also estimated to gain high momentum during the projected period owing to the mounting adoption of industry 4.0 and robotics by the automotive and aerospace industry.

Top Market Players

Market Research Future has well-known some of the key players in the global artificial intelligence (AI) in the manufacturing market are IBM Corporation, Nvidia Corporation, Intel, Inc., General Electric company, Siemens AG, Microsoft Corporation, Google, Inc., Bosch, Amazon Web Services, Cisco Systems, Rockwell Automation, Foxconn, SAP SE, and others.

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Artificial Intelligence (AI) in Manufacturing Market: by Component (Software, Service, Hardware (Network, Processor (ASIC, FPGA, GPU)), by Technology (Deep Learning, NLP), by Application (Robot, Quality Control), by Vertical (Automobile, Pharmaceutical) — Forecast till 2027

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

The concentration of numerous established vendors in the Data Center Interconnect Market Analysis is predicted to broaden the scope for expansion in years ahead. The need to rigorously incorporate the ideals of flexibility and agility is estimated to change the data center interconnect market size.

Segmental Analysis 

The regional examination of the data center interconnect market is segmented on the basis of type, application, end-user and region.  By type, the data center interconnect market is segmented into software, service, and product. Based on the application, the data center interconnect market is segmented into real time disaster recovery, workload & data mobility, and business continuity. By end-user, the data center interconnect market is segmented into enterprise, CSPs, ICPs, and government. Based on the regions, the data center interconnect market is segmented into Asia Pacific, Europe, North America and other regions in the world.

Detailed Regional Analysis 

The regional appraisal of the data center interconnect market is conducted on the basis of regions such as Asia Pacific, Europe, North America and other regions in the world. The Asia Pacific region is responsible to take the highest CAGR from nations such as Japan, China, and India, among others. The purpose of growth is accredited to the immediate implementation of internet and cloud infrastructure. Furthermore, the rising R&D and growing implementation of fresh technologies with deference to demand for the datacenter to accomplish the elevated data generated is anticipated to shore up the market in the region. Though, the North American region is anticipated to develop vigorously over the forecast period. The reason is accredited to the incidence of novel technologies and enhanced investments in the region.

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Competitive Analysis 

The proficiency of contestants to encourage transformation in the market is growing at a fixed rate in the approaching period. The backing from administrative bodies around the world is escalating because the market requires an additional impetus to attain regularity in such a situation. The stress on modernization is appraised to see an upswing in the coming years, as the user requirements have to be tackled in an improved manner to safeguard the revival of the worldwide market. Additionally, the prerequisite to espouse a speedy and lucrative method of management is expected to influence the market in the approaching period. The conflict in the forces of demand and supply is appraised to produce a measured development context in the market. The prerequisite to alleviate losses borne by the current public health crisis is appraised to be the sole focus of the market candidates in the forthcoming years. Also, the necessity to boost businesses is estimated to takes into account the influence of their decisions is appraised to shape the expansion of the market in the forthcoming phase.

The formidable companies in the data center interconnect market are Ciena Corporation (US), Extreme Networks, Inc. (US), Fujitsu Ltd. (Japan), ADVA Optical Networking SE (Germany), Nokia Corporation (Finland), Huawei Technologies Co., Ltd. (China), Juniper Networks, Inc. (US), Cisco Systems, Inc. (US), and Infinera Corporation (US).

Industry Updates:

June 2020 Nokia is dispensing optical data center interconnect (DCI) infrastructure for Chinese tech goliaths Baidu and Tencent. Nokia’s DCI solutions, which are founded on the Nokia 1830 Photonic Service Interconnect and driven by the Nokia Photonic Service Engine, will empower operators in China to back the edge cloud applications.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

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+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Market Analysis

Market Research Future (MRFR) expects the global MMDC Market to grow at approximately USD 7 billion at a 30% CAGR from 2017 to 2023 (review period).

The micro mobile data center is a self-contained infrastructure design that incorporates the storage, processing, and networking modules needed to operate indoor and outdoor applications in a secure computing environment. Micro mobile data centers are obtainable in standardized prefabricated sizes, allowing data center owners to save their capital investment and the time required in building data centers by the traditional approach. Micro mobile data centers are suitable for applications such as instant data centers, remote offices and branch offices, and edge computing due to their small size and flexibility.

The data center is the heart of an organization. It is the place where critical information is stored and transmitted. The need for conventional data center investments has decreased as the new technology environment has advanced and companies have become more centralized. As a consequence, there is an increasing demand for more compact and effective data centers to be deployed around offices. Micro data centers that plug and play have fully integrated and pre–tested solutions. These data centers can quickly scale up to meet an organization's rising needs. The most appealing aspect, however, is that micro mobile data centers allow for quicker deployment. The plug-and-play approach has proved to be brilliant, allowing data centers to be deployed in days as opposed to weeks or even months.

COVID-19 Impact on the Global Micro Mobile Data Center Market

In the COVID-19 pandemic situation, data centers and micro mobile data centers are critical for organizations all over the world. The exponential increase in the amount of data consumed and generated by various organizations and individuals has driven up demand for data storage, resulting in an increase in the number of reliable and highly available data centers. As the number of work-from-home jobs has increased dramatically, data centers are emerging as computational hubs for end-users and businesses worldwide. However, according to an Uptime Institute survey of over 200 critical IT/facility infrastructure operators worldwide, a third of operators believe that a reduction in IT infrastructure operations staff due to COVID-19 presents the single greatest risk to operations. There are several project delays as a result of the COVID-19 pandemic affecting the supply chain. The market is expected to expand slowly in 2020 due to disruptions in the supply chain of hardware components from major IT vendors. However, demand is expected to rise as a result of edge computing, remote office and branch office, and instant data center, and the market will expand steadily in the coming years. Edge computing will be a big force in the micro mobile data center industry. Furthermore, data center modernization has become a vital requirement as companies seek to minimize CAPEX due to growing pressure on company finances.

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Market Segmentation

The global micro mobile data center industry has been segmented based on application, rack size, and vertical.

Based on application, the global micro mobile data center market has been segmented into instant & retrofit, high-density networks, remote office, and mobile computing.

Based on rack size, the global micro mobile data center market has been segmented into 5-25 RU, 26-50 RU, 51-100 RU.

Based on vertical, the global micro mobile data center market has been segmented into BFSI, healthcare, oil & gas, retail, manufacturing, mining, IT & telecommunication, and others.

Regional Analysis

By region, the global micro mobile data center market has been segmented into North America, Europe, Asia Pacific, and the rest of the world. 

Because of the presence of major players in the region, North America is one of the prominent players in the global micro mobile data center (MDC) industry. One of the main reasons for the MDCs market's growth is that MDCs centers are extremely efficient and are about to replace server rooms of SMEs in the area.

Key Players

The prominent players in the global micro mobile data center market are – Schneider Electric SE (France), Huawei Technologies Co. Ltd. (China), Canovate Group (Turkey), Elliptical Mobile Solutions (U.S.), Panduit Corp (U.S.), Rittal (Germany), Dell Inc. (U.S.), Wave-2-Wave Solution Corporation (U.S.), Zellabox (Australia), Silicon Graphics, Inc. (U.S.) among others.

Summary

The global micro mobile data center market is predicted to grow at approximately USD 7 billion at a 30% CAGR from 2017 to 2023 (forecast period). The growing demand for high-performance, energy-efficient, and cost-effective data center solutions is driving the micro mobile data center market.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Talent Management Software Market Segmentation
The Talent Management Software Market Analysis has been segmented on the basis of component, deployment, organization size and vertical. The deployment segment is further bifurcated into cloud and on-premise deployment models. Out of which, the cloud based deployment is expected to grow at the highest rate while the on premise deployment dominated the market share of talent management software market.

The prominent players in the talent management software market are – Halogen Software (Canada), Taleo Corporation (U.S.), Cornerstone OnDemand (U.S.), Kenexa (U.S.), Sumtotal Systems, Inc. (U.S.), iCims, Inc. (U.S.), Skillsoft (U.S.), Talentsoft (France), Lumesse Ltd. (U.K.), Saba Software (U.S.), among others.

Market Research Analysis:
The global talent management software market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. In the global talent management software market, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, talent management software market is projected to contribute faster to the growth of revenue backed by increasing emergence of social media platforms and increasing demand for cloud based solutions in countries such as Japan, China and India.

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of talent management software market. In Europe, increasing demand for automated recruitment processes and increasing social media platforms are the major factors driving the growth of talent management software market. The presence of advanced infrastructure and with the increasing adoption of technological advancements in numerous countries are other factors driving the market growth of talent management software market.

Talent management software market in the South America region is anticipated to witness relatively slower market growth. However, Brazil and Argentina among other countries are projected to witness slow yet steady growth. Talent management software market in Middle East and Africa occupies a relatively smaller pie of the global talent management software market.

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Market Highlights

In this rapidly changing world of technology, talent management software market is projected to show major growth prospects during the forecast period. The talent management software continues to surge further in the corporate industry owing to realizing the importance of talent optimization and how it is the key to a successful business. Emergence of video tools is one major factor driving the growth of talent management software market.

As compared to other regions, the talent management software market in North America is expected to witness significant growth during the forecast period. U.S and Canada are anticipated to drive the growth of talent management software market. This is owing to the presence of large number of established key players and increasing user base on social media platforms in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of mobile devices which ultimately provides high speed connectivity and is expected to be a major factor for the growth of talent management software market.

The talent management software market is growing rapidly over 16% of CAGR and is expected to reach at approx. USD 16 billion by the end of forecast period.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Talent Management Software Market Research Report-Forecast to 2023”.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Market Synopsis

The global Open IoT Platform Market Share 2020, according to MRFR, is poised to reach roughly USD 5.96 billion by 2025, expanding at 17.60% CAGR over the review period (2019—2025).

Market Scenario

Over the forecast era, the open IoT platform market is expected to show significant growth prospects in this rapidly evolving environment of technology. Reduction of the costs of connected devices and continuous technical development are some of the key factors fueling the growth of the open IoT platform industry. Additional factors driving the growth of open IoT application market are developing developer skills and learning new technologies. Data security and privacy concerns are, however, the factor that hampers market growth over the forecast period.

Segmental Analysis

The global market for the open IoT platform was segmented into component, deployment, organizational size and vertical industry.

The global open IoT platform market was segmented by component into hardware, software , and services. The services segment was further classified as professional and managed services.

The market was categorized by deployment into cloud (private, public, and hybrid) and on-premise.

The global open IoT platform market was segmented into SMEs and large organizations by organization size

By vertical industry the market was divided into government, healthcare , education, manufacturing , retail, electricity & utilities, automotive, and IT & Telecom.

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Regional Analysis

The global open IoT application market regional research is being studied for Asia-Pacific, Europe, Middle East & Africa, North America and South America.

Thanks to the prevalence of early adopters of the new technologies in this area North America dominates the global open IoT platform segment. The growth is also attributed to the involvement of a large number of existing core players such as Google, Inc., IBM Corporation, and Oracle Corporation leading this region's open IoT platform market. In addition, the demand is also driving the growing popularity among the developer community in that region. The area also has a well-established infrastructure in addition to this, and is expected to be a key factor in the development of the open IoT platform sector. In addition , the growth of the North American open IoT platform market is due to the growing popularity among the region's developers. Those are some of the aspects that are responsible for the growth of the region 's global open IoT platform market over the forecast period.

Countries throughout Europe include Germany, France and Great Britain. Growth of the open IoT network market is expected. In Europe, the popularity of open source platforms among developers is growing, and is therefore the key factor driving the growth of open IoT platform market. Other factors driving the growth of the open IoT platform market are the emergence of advanced technology, and the rising acceptance of open source software and technological developments in various countries.

Over the forecast period Asia Pacific expects to hit the highest CAGR on the global open IoT platform market. This is due to the presence in the area of leading giants like Samsung and Ericsson. In addition, that collaborations between key players help speed up the delivery of IoT services and solutions in the area. Another aspect responsible for the growth of the demand for the open IoT platform is early adoption of smart connected devices.

Competitive Dahboard

Some of the main players of open IoT platform market includes IBM Corporation (US), The ThingsBoard Authors (US), Microsoft Corporation (US), Samsung (South Korea), Ayla Networks Inc. (US), Bosch (Germany), Google, Inc (US), General Electric (US), KaaIoT Technologies, LLC. (US), Oracle Corporation (US), SiteWhere LLC (US), Italtel SpA (Italy), Siemens AG (Germany), Thinger.io(Europe), and WSo2 (US)

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                      

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 

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