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The global photonics market generated a revenue of $576.8 billion in 2019 and is predicted to reach a value of $1,214.5 billion by 2030. According to the estimates of P&S Intelligence, a market research firm based in India, the market will exhibit a CAGR of 6.9% between 2020 and 2030. The rising demand for energy-efficient products is one of the major factors fueling the expansion of the market across the globe. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/photonics-market/report-sample In recent times, energy efficiency has become a highly essential parameter in the development of high-performance computing systems. This is because energy-efficient devices work very efficiency and consume very less energy while operating for long hours. Moreover, the maintenance costs of these devices are usually very low. The governments of several countries are implementing renewable energy programs for reducing the emission of greenhouse gases from indus...

The rising demand for efficient hiring is also adding significantly to the growth of the industry. HR analytics software offers insights into potential hires by analyzing their expertise and skills. In addition to this, the software assists organizations in making an unbiased decision based on this data, to reduce the discrepancies in hiring. Through this software, organizations yearn to have productive hiring that will help in the growth of their business. Additionally, the adoption of new technologies in these solutions is one of the prime factors offering growth opportunities to the industry. HR analytics market players are incorporating machine learning and artificial intelligence (AI) in their products to widen their applications. AI could help HR leaders in identifying high-potential employees, endorsing learning courses, predicting results of talent decisions, forecasting employee flight risk, and unearthing engagement issues. This will eventually increase the workforce efficie...

The augmenting demand for heads-up-display-(HUD)-integrated advanced driver-assistance systems (ADAS) from the automobile industry is expected to increase the microdisplay market size from $1.0 billion in 2019 to $4.0 billion by 2030. According to P&S Intelligence, the industry will register a CAGR of 13.4% during 2020–2030. ADAS has become an important part of commercial and passenger vehicles, especially in countries such as Japan, China, and the U.S., due to the increasing focus on road safety. Since most of the road accidents, which are increasing every year, are caused by human error, the need for a system to assist drivers is rising. Additionally, the proliferation of near-to-eye (NTE) devices in the gaming, automotive, and media and entertainment industries and the military has led to the widescale adoption of microdisplays. NTE-device-based applications, such as mobile phones, HUDs, cameras, augmented reality (AR)/virtual reality (VR), and full-color projection devices, ar...

Enterprises across the globe are using web conferencing solutions and services as they are shifting toward the remote working policy, to reduce operational expenditure (OPEX) and enhance productivity. According to a 2020 study by the Harvard Business School, people are spending 9% more time on externally focused work and 12% less time managing through meetings, thus becoming more productive.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/web-conferencing-market-report/report-sample Another study has shown that remotely working employees can work an additional 1.4 days per month than employees working from an office, which accounts for around 17 additional workdays in a year. Moreover, the lockdown due to the COVID-19 pandemic has increased the number of remote employees, because of which several companies are adopting web conferencing solutions to ensure business continuity.  Such solutions enable a company to conduct meetings through vi...

The vision sensor market generated revenue worth $2.5 billion in 2019 and is expected to reach $9.2 billion by 2030, while displaying a CAGR of 12.7% during the forecast period. The growth will be driven by the surging demand for vision sensors from the automobile industry, advent of Industry 4.0, and increasing adoption of smart vision sensors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/vision-sensor-market/report-sample With the advent of Industry 4.0, the demand for industrial automation solutions is expected to increase in future. This will eventually propel the vision sensor market growth during the forecast period. The vision sensors play an imperative role in the making of intelligent and automatic products. For example, vision sensors are employed in the inspection of manufactured products in the food & beverage, electronics, and automobile industries.  Therefore, the surging demand for industrial automation will create several...

The increasing number of online music tutorial platforms has raised the adoption of music composing software for the simulation and training of workflows. The software is gaining popularity among new musicians on a budget, as these tutorials are often free. For example, LinkedIn Corporation's online learning platform, Lynda.com, offers music composing tutorials and training that make use of music composing software, such as Finale and Sibelius. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/music-composing-software-market/report-sample Likewise, the online learning platform of Udemy Inc. offers several music creation courses utilizing composing software. Additionally, musicians have increased the application of such software in their music events and live concerts to enhance their performances. Apart from individual concerts, organizations including the American Society of Composers, Authors, and Publishers (ASCAP) are promoting musicians by h...

The number of video streamers has increased significantly in recent years, owing to the surging penetration of the internet, who are not generating the bulk of the internet traffic. Due of the rising number of video streamers, the video streaming market is projected to showcase a growth of 19.1% during the forecast period (2019–2024). The market was valued at $245.3 billion in 2018, which is expected to reach $688.7 billion by 2024. Video contents are available on multiple platforms and can be availed through subscription, retail, rental, and advertisement. In recent years, the subscription model of video streaming has witnessed a significant rise. For example, Netflix registered around 167 million subscribers in 2019. Over the years, the over the top (OTT) platforms have emerged as the largest service providers for video contents. Other leading OTT platforms include Amazon Prime Video, HBO Now, YouTube/YouTube Red, Apple TV+, and Disney+Hotstar.  Get the Sample Copy of this Repor...

The high power light-emitting diode (LED) market is projected to demonstrate a CAGR of 5.3% during the forecast period (2019–2024), due to the increasing demand for high-power LEDs from the automobile industry and government initiatives to promote energy conservation and energy efficiency. Because of these factors, the market is projected to escalate from $12,647.2 million in 2018 to $17,581.5 million by 2024. The key trend being observed in the market is the increasing preference for smart LED lights that can be controlled using smartphones and tablets.  The growing popularity for smart LEDs is significantly adding to the high power LED market size. The increasing popularity is an outcome of higher energy efficiency of these LEDs and their ability to be controlled from any place at any time through tablets and smartphones. Additionally, the cost-effectiveness of these lights is another reason behind the growing focus on smart LEDs. The motion activation technology and adaptive li...

There are two ways in which conversational AI solutions are deployed, namely cloud and on-premises. Of these, the conversational AI solutions deployed through cloud recorded higher demand in 2018, and this deployment method is expected to remain more popular in the coming years. This is primarily attributed to the ballooning demand for scalability and easier maintenance features and 24*7 services offered by these solutions. Furthermore, many major companies are adopting cloud-based solutions for increasing their operational flexibility and reducing their operational costs. Coherent with these facts, the biggest phenomenon currently being observed in the conversational AI market is the mushrooming implementation of chatbots, as well as IVA, in various healthcare applications. Geographically, the highest demand for conversational AI market share has been witnessed in North America in the last few years, and the next few years will witness a similar situation. For instance, a Mahara...

The increasing adoption of geographic information systems (GIS) in the telecom sector for increasing the mobile and broadband services and the rising demand for network installation are expected to augment the revenue of the GIS in telecom market from $1.3 billion in 2019 to $4.6 billion by 2030, at a CAGR of 12.2% during the forecast period of 2020–2030. GIS is used for capturing the geological, geographical, and topographical information about the earth for mapping and urban planning purposes. Due to the increasing adoption of the GIS technology, the focus on the miniaturization of devices has strengthened. Additionally, the demand for miniature devices is increasing because of their small size, low cost, and flexibility in terms of the collection of geospatial data. These devices also allow for real-time data collection, which is essential for navigation and mapping applications.  Moreover, GIS is being transformed by adopting advanced technologies such as artificial intelligen...

The demand for location-based services (LBS) is increasing because of the growing awareness of customers and supportive government initiatives, primarily in emerging economies, such as China, Mexico, and India. Moreover, real-time geographical data can be captured with the help of LBS. Due to all these factors, the governments of different countries are also taking several initiatives in order to motivate the vendors and start-ups for venturing into the LBS market and increase the adoption of these services. Since satellite imaging is utilized in LBS for different applications, such as tourism, mobile advertisements, local search, enterprise services, navigation, consumer tracking, location-specific health information, and location-based business intelligence (BI), its demand is rising as well. Commercial satellite imaging or remote sensing refers to the scanning of earth by satellites or high-flying aircrafts for obtaining georeferenced data. Get the Sample Copy of this Report @ https...

The population continues to explode, with 9.7 billion people estimated to inhabit the earth in 2050, compared to 7.7 billion in 2017, according to the United Nations. The already growing population is moving to cities, from rural and semi-rural areas, in search of jobs and better living conditions.This is why the size of urban centers is increasing, thereby rapidly leading to the encroachment of farming land. This is creating a problem, as the increasing number of people is leading to the rising demand for agricultural products. Thus, to feed the growing population, at the same time dealing with the swift reduction in arable land, indoor and vertical farming methods are being adopted. Hence, with the rapid adoption of advanced agricultural practices, the grow lights market is on path to a huge revenue boom in the coming years. Vertical and indoor farming can be practiced in any enclosed space, such as warehouses, laboratories, and even shipping containers, provided appropriate infrast...

​T he  microdisplay market   is expected to generate a revenue of $4.0 billion by 2030, increasing from $1.0 billion in 2019, and is projected to advance at a 13.4% CAGR during the forecast period (2020–2030). In terms of technology, the market is categorized into digital light processing, liquid crystal display, OLED, and liquid crystal on silicon. Owing to the growing adoption of these displays, the global microdisplay market is predicted to progress at a considerable rate in the years to come. These days, the utilization of organic light-emitting diode (OLED) microdisplays demand has been growing rapidly as well. These displays are increasingly being utilized in consumer electronics, particularly virtual reality devices, as they have a compact size, high resolution, and better picture quality than traditional display technologies. Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/microdisplay-market-outlook/report-sample Among all t...

The EAM software optimizes the usage and productivity of the enterprise’s resources, which, in turn, leads to higher ROA. Besides being used by companies for getting higher ROA, EAM solutions are also being utilized by enterprises for asset utilization management. The usage of these solutions for asset utilization management allows for asset inventory tracking, maintenance agreement management, meter reading and invoice charge tracking, examination of trends in invoice payments and excess charges, and funding information and invoice analysis. Get the sample copy of this report @ https://www.psmarketresearch.com/market-analysis/enterprise-asset-management-market/report-sample Because of the aforementioned factors, the global enterprise asset management market is growing rapidly. According to the forecast of P&S Intelligence, a market research firm based in India, the valuation of the market would rise from $5.5 billion to $25.9 billion from 2019 to 2030. Furthermore, the market is p...

A key driver of the US digital signature market is the Government Paperwork Elimination Act (GPEA). The law states that individuals and entities should make transactions and maintain records electronically or digitally, whenever feasible, while dealing with federal agencies. The law also states that electronically stored signatures and records should not be denied validity. The GPEA encourages central agencies to utilize electronic signatures, electronic forms, and electronic filing for conducting business with the public. Due to these factors, the demand for this technology is increasing in the country. Because of the expansion of the e-commerce industry, major opportunities lie in the US digital signature market. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/us-digital-signature-market/report-sample The e-commerce industry is witnessing growth due to the ease of transactions and rising internet penetration. As per the Ecommerce Foundation, in 2...

In today’s world of fierce competition, just coming up with unique products and creative marketing campaigns is not enough for companies. They also need to implement a strong focus on client satisfaction and retention and analysis of how well their marketing campaigns are faring. Moreover, with the rising penetration of smartphones and the internet, more people are using mobile and computer applications to interact with companies, which is why app development has become such a lucrative occupation. According to P&S Intelligence, the increasing awareness of companies on all these areas is the key factor that will drive the salesforce services market to $55,307.6 million by 2030 from $9,124.2 million in 2019, at an 18.9% CAGR between 2020 and 2030. Salesforce refers to customer relationship management (CRM) solutions that help firms manage their customer service, sales, marketing, e-commerce, application development, and analytics processes.  They allow companies to monitor the ...

Smart lighting systems are integrated with a number of sensors and wireless technologies and are capable of decreasing the energy consumption significantly. In terms of source, the smart lighting market is categorized into LED, high intensity discharge lamp, and fluorescent lamp, among which, the LED accounted for the major share of the market in 2016 and is further predicted to advance at the fastest pace during the forecast period. This is majorly because of the fact that with LED-based smart lighting solutions, the user can control the light digitally. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/smart-lighting-market/report-sample On the basis of wireless communication, the smart lighting market is divided into Zigbee, Bluetooth, Wi-Fi, and others, out of which, the Wi-Fi division dominated the market in 2016. The division is further projected to progress at the fastest pace during the forecast period. When service is considered, the industr...

In today’s competitive world, companies are finding it difficult to engage customers for the long-term. Due to many choices available to customers, it is being observed that they are no more brand loyal. Despite being provided with a better price and product quality, customers prefer buying products from competitors, if they face any service-related problems. Therefore, customer satisfaction, in terms of product-quality, pricing, and customer services, has become a major focus area for all businesses. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/speech-analytics-market/report-sample To enhance customer experience, companies are working to improve the customer retention rate and new customer acquisition process for higher product sales. One of the ways employed by business entities is the adoption of speech analytics software that helps in the monitoring and analyzing of all the attended calls. The software helps organizations evaluate the respon...

The adoption of automobiles has been increasing at a rapid pace across the globe, which can be attributed to the improving economic condition of developing countries, increasing disposable income of people, and technological advancements that have led to reduction of prices of vehicles. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2018, approximately 95.1 million automobile were sold, and the automotive sales grew by 1.8% CAGR during 2014–2018.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/automotive-electronics-market/report-sample The focus towards making vehicles safer has increased substantially over the past few years, owing to the increasing number of road accidents. As a result, government of several countries have now implemented strict policies and regulation regarding the integration of certain safety features in vehicles. Systems such as ADAS can make vehicles far secure and safer by help...

The surging penetration of the internet is also fueling the expansion of the webgame market. According to the International Telecommunication Union, the global internet penetration rose from 23.1% to 51.4% from 2008 to 2018. Because of the soaring internet connectivity, people all over the world are increasingly becoming addicted to various online browser games. Depending on genre, the market is divided into first-person shooters, massive multiplayer online roleplaying games (MMORPGs), arcade games, sports games, and real-time strategy games. Out of these, the first-person shooter category is predicted to exhibit rapid advancement in the market in the future years. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/webgame-market-insights/report-sample Unlike the third-person shooter games in which the user can see their character, in first-person shooters, the user cannot see the model of their character. Instead, they can see the world from their ch...

The increasing number of construction projects being launched in several countries is one of the major factors responsible for the soaring demand for commercial air-conditioners across the world. According to various reports, the valuation of the global construction sector is predicted to rise from $10.5 trillion to $12.8 trillion from 2017 to 2022. Infrastructure development projects such as those pertaining to metro rail systems, airports, and office complexes require cooling equipment such as commercial ACs. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/commercial-ac-market/report-sample In India, there are plans to build as many as 100 airports in the next 15 years. Similarly, China intends to construct 216 airports by 2035. The rapid construction of skyscrapers in various cities around the world is also causing a sharp surge in the demand for commercial ACs. As per many reports, 42 skyscrapers are currently being constructed in Chicago, whil...

P&S Intelligence says that with the increasing number of UAVs in operation in various industries, the drone analytics market will grow from $2,614.3 million in 2019 at a massive 29.8% CAGR between 2020 and 2030 (forecast period). Around the world, the demand for drones continues to rise in the military sector, for surveillance and monitoring and carrying out precision strikes behind enemy lines, in order to minimize the loss of soldiers. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/drone-analytics-market/report-sample On account of the support the agricultural sector is receiving from the government, especially in developing countries, farmers are adopting advanced technologies in their processes, such as drones and internet of things. The major uses of drones and analytics software in the sector include crop monitoring, precision agriculture, soil analysis, seed planting, livestock inspection, and irrigation management. This has become nece...

Globalization has made the supply chains all over the world extremely interconnected. As a result, the lockdowns initiated in several countries for controlling the spread of the COVID-19 infection have massively disrupted the global supply chains. Moreover, the lack of availability of raw materials is severely hampering the progress of the appliance manufacturing and electric component sectors across the world. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/smart-meters-market/report-sample These disruptions in the supply chain are affecting the manufacturing of the components used in smart meters such as sensors, displays, processors, and switches. China is one of the biggest suppliers of hardware components and raw materials, required for smart meters, but because of the pandemic and the supply chain disruptions, the country is not able to ship the necessary raw materials.  This is causing a massive decline in the sales of smart meters throu...

An increase in the investments in the infrastructure sector and expansion of the tourism industry will drive the growth of the U.A.E heating, ventilation, and air conditioning (HVAC) market at a CAGR of 5.2% during the forecast period of 2020–2030. In terms of revenue, the market stood at $1,873.1 million in 2019, and it is projected to generate around $2,774.7 million by 2030. This growth will ride on the back of the growing residential, industrial, commercial, and hospitality sectors of the U.A.E. The construction industry is one of the key driving forces for the U.A.E. HVAC market growth . The U.A.E. government is dedicated to enhancing the quality of the transportation sector of the country, which is why projects such as the extension of the Red Line of Dubai Metro, under the Route 22 plan, and construction of new airports are underway.  The government is investing extensively in a new and renewed transportation sector to host Dubai Expo 2020. These ventures will inevitably inc...

Because of the rising awareness about the harmful implications of tobacco smoking, people around the world are shifting from conventional cigarettes to electronic variants. For instance, the incidence of lung cancer can be reduced by quitting the consumption of tobacco cigarettes, which has led to a decline in their consumption in South Korea. The rising health consciousness and continuous developments in technology will therefore drive the growth of the South Korean e-cigarette market at a CAGR of 24.3% during the forecast period of 2019–2024, from $874.3 million in 2018 to $3.5 billion by 2024. E-cigarettes are available in multiple variants, including cig-a-likes, vape mods, vaporizers, and T-vapors. Out of these products, the demand for vaporizers was the highest in recent years, because of the dense smoke experience offered by them. But in the years to come, the demand for T-vapors will witness a surge in demand in South Korea. This would be on account of the increasing preferenc...

The certificate authority market is projected to generate a revenue of $285.7 million by 2030, increasing from $81.7 million in 2019, advancing at a 12.3% CAGR during the forecast period (2020–2030). The market is divided into service and certificate type, on the basis of component. Between the two, the certificate type division accounted for the larger share of the market in the past, as digital-certificate-based authentication offers online data privacy. Different certificate types are user/client authentication certificate, code signing certificate, secure email certificate, and SSL certificate. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/certificate-authority-market-outlook/report-sample In terms of end user, the market is divided into travel & hospitality, retail & consumer goods, education, BFSI, healthcare, IT & telecommunications, and government. Out of these, the BFSI category held the major share of the market in the past....

In 2018, the U.K. e-cigarette market attained a valuation of $2.0 billion and is now predicted to advance at a CAGR of 19.6% between 2019 and 2024. According to P&S Intelligence, a market research firm based in India, the market would generate a revenue of $6,486.5 million by 2024. The increasing sales of vaping devices, the reducing popularity of tobacco smoking, and rapid advancements in e-cigarettes are the key factors driving the market advancement. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/uk-e-cigarette-market/report-sample Rapid innovations and advancements being made in e-cigarette technology are massively pushing up the demand for e-cigarettes. Many tobacco producing companies are rapidly focusing on novel technologies to gain an edge over their rivals. Several leading tobacco producers are developing innovative products that could help them expand their footprint. For example, Japan Tobacco Inc. developed two new tobacco capsule...

The global virtual fitting room market generated a revenue of $3,128.6 million in 2019 and is predicted to reach a valuation of $19,250.4 million by 2030. Furthermore, the market is predicted to progress at a CAGR of 18.5% between 2020 and 2030. The rising popularity of online shopping, the increasing utilization of smartphones, and the soaring usage of advanced technologies and solutions by retailers for expanding their customer base are the main growth drivers of the market. The rising penetration of the internet and smartphones is boosting the popularity of online shopping around the world. As per the UNCTAD, which is the United Nation’s trade and development body, online sales generated a revenue of $25.6 trillion in 2018, which was a rise of around 8% from the previous year’s revenue. Furthermore, the total e-commerce sales revenue, that included business-to-business (B2B) and business-to-customer (B2C) sales, was nearly 30% of the worldwide gross domestic product (GDP) in that y...

The Indian computer-aided design (CAD) software market is predicted to generate a revenue of $696.9 million by 2025, rising from $445.6 million in 2019, exhibiting an 8.2% CAGR during the forecast period (2020–2025), according to a P&S Intelligence report. The key factors leading to the growth of the market are the increasing utilization of the CAD software in the construction industry, rising requirement for improved and accurate designs, and surging need for fast production of goods in the country. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/india-cad-software-market/report-sample When technology is taken into consideration, the Indian CAD software market is divided into 3D software and 2D software, between which, the 3D division accounted for the major share of the market in 2019. The division is also projected to grow at a faster pace during the forecast period, owing to the 3D CAD’s accurate & realistic 3D drawings, faster designin...