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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 video feed

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 opp

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 Report @

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 lighti

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 intelligence (

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 these, the OLED

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 cust

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