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The surging need for workforce optimization is one of the key factors responsible for the soaring demand for HR analytics solutions . Workforce optimization assists businesses in making their operations smoother and more efficient by ensuring that all operations are running in perfect synchronization and complete harmony. Moreover, workforce optimization helps enterprises in aligning resources and skills to a particular demand or a job for faster turnaround, collecting data pertaining to performance in a highly standardized framework, and empowering the human resource (HR) professionals so that they can accurately monitor the performance of employees. As HR analytics enables the analysis of business data, it has become a highly popular method of attaining workforce optimization in recent years. Additionally, HR analytics solutions can assist HR professionals in gaining a deeper understanding of the strengths and weaknesses of employees, the best course of action going forward, and futu...

The surging deployment of enterprise geographic information systems (GIS), increasing investments in the development of GIS infrastructure by governments, rising availability of spatial data and cloud technology, and mounting need for GIS solutions for location-as-a-service (LaaS) platforms are expected to drive the GIS market in the foreseeable period (2020–2030) at a CAGR of 12.1% . According to P&S Intelligence, the market size will reach $25.6 billion by 2030 from $7.5 billion in 2019. Moreover, the market is witnessing the surging preference for GIS solutions for disaster management. One of the prime factors aiding the GIS market growth is the rising adoption of enterprise GIS solutions. Advanced GISs offers meaningful and precise business intelligence for accurate marketing information about clients and effective product management. GIS Market Growth , Demand & Opportunities Thus, companies are investing heavily in these systems to access geographical data via software ap...

A memorandum of understanding (MoU) was signed between the Energy Efficiency Services Limited (EESL), an organization under the Indian Government’s Ministry of Power, and the North Bihar Power Distribution Company Limited and South Bihar Power Distribution Company Limited in 2018 for deploying smart meters in around 130 rural areas and towns in the state. Micro batteries are used in these meters in the real-time clocks that allow the operation of these meters during power cuts. When application is taken into consideration, the market is divided into automotive, consumer electronics, wearable devices, medical devices, and others such as smart meters and wireless sensor networks categories. Hence, as a micro battery is a critical energy source for a smart meter, the surging deployment of the latter is predicted to fuel the micro battery market at a CAGR of 18.4% during 2019–2024. Moreover, the revenue of the market is expected to surge from $418.2 million in 2018 to $1.1 billion by 2024...

Factors such as the increasing penetration of smartphones, surging adoption of the big data technology, and rising public Wi-Fi deployment are expected to drive the growth of the Wi-Fi analytics market at a CAGR of 24.2% in the foreseeable period (2020–2030). According to P&S Intelligence, the market size will increase from $5,210.0 million in 2019 to $52,975.5 million by 2030.  Moreover, the market is witnessing the surging adoption of social media, which plays a major role in customer engagement and communication. One of the key factors driving the growth of the Wi-Fi analytics market is the rising number of public Wi-Fi networks. The deployment of public Wi-Fi is increasing due to the surging penetration of smartphones, tablets, and other internet-connected devices. Wi-Fi Analytics Market Growth Prospects, Key Vendors, and Future Scenario The adoption of public Wi-Fi hotspots will witness fourfold growth during 2018–2023 as such networks meet the surging need for bandwidth...

The International Organization of Motor Vehicle Manufacturers (OICA) estimated that 77,971,234 vehicles were sold across the world in 2020, including 53,598,846 units of passenger cars and 24,372,388 units of commercial vehicles. The steep surge in automobile sales has resulted in dense traffic around the globe, owing to which governments of numerous countries, especially China, India, Germany, and the U.S., are focusing on the development of their roads and highways. Thus, the soaring automobile sale and increasing development of highways and roads will create a huge requirement for outdoor lighting solutions . Moreover, the increasing number of government initiatives on energy efficiency, on account of the surging concerns for energy conservation, will drive the outdoor lighting market at a CAGR of 7.3% during the forecast years (2020–2030). Outdoor Lighting Market Growth , Demand & Opportunities According to P&S Intelligence, the market revenue is expected to rise from $10....

In recent times, the uptake of tablet computers and smartphones has increased massively, primarily because of the rapid digitization of various business operations and the large-scale penetration of the internet. This has played a major role in propelling the worldwide demand for augmented reality (AR)/virtual reality (VR) solutions.   According to the World Bank, around 49% of the global population had access to the internet in 2017. With the extensive usage of these consumer electronic devices, the development of mobile applications has increased massively. For instance, the total number of smartphone users all over the world rose to around 3.5 billion by the end of 2020, registering a growth of nearly 9.3% from 2019. AR and VR Market Business Analysis, Growth and Forecast Report Apart from the aforementioned factor, the growing requirement for advanced technologies among enterprises operating in various verticals is also pushing up the demand for AR and VR solutions. These solu...

The global electric vehicle charging cables market generated a revenue of approximately $250 million in 2020, and it will exhibit huge expansion from 2021 to 2030, as per the estimates of P&S Intelligence, a market research firm based in India. The factors fueling the market surge are the growing deployment of electric vehicles (EVs), increasing concerns being raised over the escalating air pollution levels, and the burgeoning demand for public EV charging facilities and infrastructure. With the soaring adoption of EVs, the governments of many countries are actively focusing on developing EV charging stations. Moreover, several governments are making huge investments for developing and installing EV charging stations in various public places. As per the International Energy Agency (IEA), the total number of EV charging points around the world increased by nearly 44% from 2017 to 2018. The development of these stations is fueling the advancement of the electric vehicle charging cabl...

Business organizations across the world are creating a huge demand for scalability and flexibility in application development, owing to which they are increasingly deploying application platform as a service (aPaaS) solutions. Deployment of aPaaS helps enterprises avoid unnecessary expenditure on technicalities involved in modulating generic software for working for scratch and application-specific purposes. Such solutions provide a specialized software platform for developing business applications that assist organizations in saving cost and time. Moreover, the burgeoning demand for enterprise-level applications is expected to drive the aPaaS market at a CAGR of 14.2% during the forecast period (2021–2030). The market revenue stood at $6,023.3 million in 2020 and it is projected to reach $22,687.3 million by 2030. Get Exhaustive Insights:  Application Platform as a Service Market Quantitative Analysis, Current & Future Trends   Adoption of such solutions enables the custo...

 Essentially, the increasing demand for high bandwidth, owing to the rising internet penetration, is expected to drive the structured cabling market at a CAGR of 3.9% during the forecast period (2020–2030). The market stood at $7.4 billion in 2019, and it is projected to reach $9.6 billion in 2030 . Business organizations across the world are opting for structured cabling to improve their operations, as it allows a high bandwidth. Enterprises are focusing on modifying their IT infrastructure due to the rising use of bandwidth-intensive applications, including internet protocol (IP)-based videoconferencing, voice over IP (VoIP), and digital audio and video. In the coming years, the industrial sector will adopt structured cabling at the fastest pace due to the escalating usage of cloud services and burgeoning demand for industrial automation. The soaring need for industrial automation has widened the scope for the internet of things (IoT) technology, which requires a robust IT infras...

The flourishing restaurant industry is also expected to drive the mPOS terminals market at a CAGR of 17.9% during the forecast period (2020–2030). According to P&S Intelligence, the market generated revenue of $19.5 billion in 2019. Restaurants are offering their staff handheld mPOS terminals to take orders at the table and offer a better experience to customers as they do not have to stand in long queues for placing their orders. Additionally, the usage of such devices will aid the restaurants in expanding their customer base by serving more diners in a quick time. Nowadays, mPOS system providers are increasingly offering cloud-enabled solutions as they allow users to centralize all the data and securely access the data from any location. As compared to conventional terminals, cloud-based POS variants have very low operational costs attached to them, as they do not need on-site servers, which are very expensive. Get the Sample Copy of this Report at:  https://www.psmarketresea...

In recent years, the usage of digital pens has increased massively all over the world. This has been primarily because of the fact that they assist in reducing the amount of time required for filling forms for several purposes. For example, in countries such as the U.S. and Germany, many public officials and police officers use digital pens for filling crime reporting and incident reporting forms and recording information about missing persons. Additionally, these pens are being increasingly used in the banking sector, as they help in reducing operational costs and improving customer services in areas such as new account creation and loan applications by reducing the time taken for resolving queries and responding to customer inquiries. Apart from this, these pens also help insurance firms save money by reducing their expenditure on paper processing. Get Sample Copy of this Report at:  https://www.psmarketresearch.com/market-analysis/digital-pen-market/report-sample Which, in turn...

Customer trust is quintessential for any business to flourish. With the expanding online consumer base, the need for building customer trust is also accelerating at a significant rate. Nowadays, customers are spoilt with options when it comes to choosing from multiple products, brands, and services, due to the rising presence of businesses online. The increasing attacks on the cyberspace and escalating awareness about cybersecurity and digital signatures are already creating a huge requirement for digital signatures and certificates. Get the Sample Copy of this Report at:  https://www.psmarketresearch.com/market-analysis/certificate-authority-market-outlook/report-sample Customers’ trust in brands, which depends on the quality of services or products, discounts offered, quick resolution of queries, and loyalty programs and rewards, can be won by using digital certificates, as they help in adding more trust and confidence in the security of businesses. The internet has become extrem...

Ultrasonic sensors are being increasingly used in the automotive industry in various applications such as park assistant systems, level sensing in fuel tanks, and object detection and identification. The wide application base of such sensors can be credited to their ability to calculate the distance of obstacles and monitor space while the vehicle is being parked. Owing to the rising production of vehicles across the world, especially in developing countries, such as Thailand, Indonesia, and China, the requirement for ultrasonic sensors is escalating rapidly. In addition, the surging deployment of autonomous mobile robots (AMRs) in the automotive and oil and gas industries, owing to the rising advancements in technology and soaring focus on enhancing operational capacity, efficiency, and productivity, will propel the ultrasonic sensors market at a CAGR of 10.2% during 2020–2030. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/ultrasonic-sensor-mark...

One of the key growth drivers for the crowdsourced security market is the burgeoning demand for security solutions by enterprise to improve security and reduce risks. Every organization runs its applications through several quality checks to ensure the elimination of all bugs and other potential security challenges. The organizations also test run their applications after their launches to identify the bugs and protect the applications from potential hackers. As it is increasingly becoming difficult for development teams to search for all the bugs and potential threats, enterprises are rapidly adopting crowdsourced security solutions . In recent years, the rising integration of crowdsourced security methods in the automobile industry has become a major trend in the market. Owing to the high risks of hacking, data loss, and financial loss, automakers are focusing on the deployment of such security solutions. Get the Sample Copy of this Report @   https://www.psmarketresearch.com/mar...

The increasing incidence of deaths caused due to cigarette smoking, is one of the key factors driving the demand for e-cigarettes . According to the World Health Organization (WHO), over 8 million people deaths are recorded every year because of tobacco consumption. Out of these, direct tobacco use claims the lives of over 7 million people across the world.  Furthermore, the organization found that cigarette smoking is the most common form of tobacco use globally. Due to this factor, cigarette smokers are increasingly preferring safer alternatives like e-cigarettes. Apart from the increasing availability of e-cigarettes in grocery stores and special outlets, the growing public awareness about the harmful consequences of tobacco smoking on both human and environmental health is also fueling the expansion of the e-cigarette market.  Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/e-cigarette-market/report-sample Moreover, many governme...

A number of factors, such as the surging need for gaining end-to-end visibility for predicting capacity management requirements, increasing efforts to enhance data center uptime and energy efficiency, escalating number of hyper-scale data centers, and booming demand for a small carbon footprint and sustainable development, are expected to drive the data center infrastructure management (DCIM) market growth during the forecast period (2021–2030). Get the Sample Copy of this Report at:  https://www.psmarketresearch.com/market-analysis/data-center-infrastructure-management-dcim-market/report-sample    The mounting need for end-to-end visibility for forecasting capacity management requirements is one of the key growth drivers for the market globally. Managers of data centers are required to draft an efficient data center strategy to stay ahead and cope with the evolving needs of organizations, which are in coherence with the changing requirements of customers. DCIM solutions ...

A number of factors such as the burgeoning demand for silicon on insulator (SOI) wafers in the consumer electronics sector and surging investments being made in the SOI ecosystem are expected to drive the silicon on insulator market at a CAGR of 22.7% during the forecast period (2019–2024). The market revenue stood at $684.8 million in 2018 and it is projected to reach a value of $2,285.5 million by 2024. As the SOI technology enables faster production of computer chips with low-frequency noise, in comparison to the traditional silicon technology, it is being deployed in the consumer electronics industry at a rapid pace. The surging practice of miniaturization of devices and declining prices of manufacturing chipsets have become a prominent trend in the market. Get the Sample Copy of this Report at:  https://www.psmarketresearch.com/market-analysis/silicon-on-insulator-market/report-sample The culture of miniaturization of devices is gaining momentum due to the burgeoning demand f...

With the increasing costs of maintaining private data centers and the generation of large but inconsistent volumes of data, enterprises are increasingly preferring renting data centers, which are also known as colocation data centers. For instance, the development of a private data center facility can cost as much as $200 per square foot, excluding the $10,000 per mile cost of setting up fiber cabling.  Unlike large organizations, small and medium enterprises (SMEs) cannot afford such high costs. Moreover, the SMEs that use cloud computing solutions do not need to make these kinds of huge investments. This is why the demand for data colocation centers is rising sharply.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/data-center-colocation-market/report-sample Furthermore, the increasing adoption of advanced technologies such as the internet of things (IoT) and artificial intelligence (AI) and rapid digitization of business operations are...

Since the beginning of human civilization, people have sought ways to make things easier. This is why they invented simple cutting and hunting tools and, later, wheels. In the 18th century, Benjamin Franklin, Luigi Galvani, Alessandro Volta, Michael Faraday, and many other now-famous scientists’ research became the basis for the field of electricals and electronics, which perhaps has played the greatest role in offering humans convenience. In the modern world, with the advent of semiconductors, robots are doing more and more of people‘s work for them. Due to the constant technological advancements, as a means for people to make life even easier, P&S Intelligence expects the autonomous mobile robots market revenue to increase from $29.3 billion in 2019 to $220.6 billion by 2030, at a healthy 18.3% CAGR between 2020 and 2030. Get the Sample Copy of this Report at:  https://www.psmarketresearch.com/market-analysis/autonomous-mobile-robots-market/report-sample Such pre-programmed ...

The International Organization of Motor Vehicle Manufacturers (OICA) states that 21,787,126 commercial vehicles and 55,834,456 cars were produced across the world in 2020. Furthermore, the International Energy Agency (IEA) reveals that the global stock of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles stood at 6,850,327 units and 3,346,713 units, respectively, in 2020.  The increasing adoption of conventional automobiles and electric vehicles (EVs) is creating a huge requirement for position sensors, due to the surging need for these instruments in parking assistance systems, clutch plates, and hybrid engines. Moreover, the flourishing packaging industry, particularly in India and China, will also assist the position sensor market to demonstrate a CAGR of 7.7% during the forecast period (2019–2024).  Get Sample Copy of this Report at:  https://www.psmarketresearch.com/market-analysis/position-sensor-market/report-sample According to P&S Intelli...

Lighting systems embedded with sensors and wireless technologies capable of reducing energy consumption are referred to as smart lighting. The installation of these energy-efficient lighting solutions in residential and commercial settings helps in conserving energy and reduces operating costs. Smart lights are developed by the digitization of light-emitting diode (LED) lighting systems.  Moreover, the adoption of connected technologies and smart automation in LED systems is revolutionizing the way lighting systems interact with their surroundings and consume energy. These lighting systems are being increasingly installed in smart cities. Thus, the soaring number of smart cities will drive the smart lighting market at a CAGR of more than 20.0% during the forecast period (2017–2023).  Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/smart-lighting-market/report-sample According to P&S Intelligence, the market will generate a reven...

The International Telecommunication Union (ITU) states that by the end of 2019, 4 billion individuals or 51% of the global population were using the internet. The surging internet penetration can be primarily attributed to the increasing affordability of the internet, owing to the rapid technological advancements in the information technology (IT) and telecom sector.  The extensive use of the internet is encouraging people to adopt connected fitness devices to reach their fitness goals, as they help in measuring health parameters such as burnt calories and heart rate. Additionally, the rising adoption of outdoor fitness activities, such as yoga, cycling, Pilates, trail running, bodyweight training, and high-intensity interval training (HIIT), will fuel the online fitness market growth during 2021–2030.  All these activities can be easily carried out in an open space with no or minimal equipment. Moreover, with rapid advancements and innovations in smart wearable technology, p...

Factors such as the burgeoning demand for flexible electronics and increasing organic light-emitting diode (OLED) production through inkjet printing technology will drive the printed electronics market at a CAGR of 22.4% during the forecast period (2020–2030). According to P&S Intelligence, the market was valued at $35.7 billion in 2019 and it is projected to generate $363.1 billion revenue by 2030. In recent years, the increasing shift from conventional to digital printing has become a key market trend. The accelerating demand for flexible electronics is a prominent growth driver for the market across the world. Integrated circuits (ICs) are deployed on flexible substrates, such as metal or plastic, of electronics to convert them into flexible electronics. Get the Sample Copy of the Report @ https://www.psmarketresearch.com/market-analysis/printed-electronics-market/report-sample   The integration of ICs on flexible substrates does not impact the function of such electronics....

Technical illustration software is used for creating and designing visual representations of services and products offered by a business. This software assists organizations in effectively conveying accurate information to their clients via visual communication. It can be either raster-based or vector-based. While the raster-based software develops images from pixels, the vector-based software draws shapes, lines, and paths on the basis of mathematical principles.   Thus, with the expansion of the entrepreneurial ecosystem in several verticals and advancements in product demonstrations, the demand for technical illustration software is surging, which is driving the growth of the technical illustration software market . Currently, enterprises are actively focusing on the storyboard demonstration of a service or a product, as it gives a concise, detailed, and clear information instead of simply providing text-heavy content.   Get the Sample Copy of this Report @ https://www.psma...

The global temperature sensor market generated a revenue of $6.9 billion in 2019 and it is predicted to reach $11.1 billion revenue by 2030. Furthermore, the market will advance at a CAGR of 4.4% from 2020 to 2030 (forecast period), as per the forecast of P&S Intelligence, a market research company based in India.  The major factors driving the growth of the market are the surging sales of smartphones and the burgeoning requirement for temperature sensors in the automotive industry. In the automotive industry, temperature sensors are extensively used for measuring the temperature of several liquids, systems, and gases within automobiles in order to ensure their proper functioning.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/temperature-sensor-market/report-sample These sensors are majorly used in heating, ventilation, and air conditioning (HVAC) systems, which are one of the critical components of automobiles. Because of this rea...