Thursday, October 24, 2019

Vietnam ERP for Retailers Market Expected to Reach $7,271.94 Thousands, Globally, by 2025

According to the report published by Allied Market Research, the Vietnam ERP for Retailers Market garnered 7.2 million in 2017 and is expected to $26.0 million in 2025, growing at a CAGR of 17.4% from 2018 to 2025. The report provides an extensive analysis of top impacting factors, market size & estimations, drivers & opportunities, key segments, and competitive intelligence.


Increase in need for operational efficiency & transparency in business processes and rise in demand for role-based security have spurred the growth of Vietnam ERP for Retailers Market. On the other hand, high investment cost, maintenance crunches, and inadequate flexibility have happened to restrain the growth to some extent. Nevertheless, rush in the adoption of ERP among small as well as medium retailers, and the arrival of cloud-based ERP have created lucrative opportunities in the segment throughout the forecast period.

Request Sample PDF of Vietnam ERP for Retailers Market Report at  https://www.alliedmarketresearch.com/request-sample/5225

Based on the component, the software segment accounted for nearly three-fourths of the total market in 2017 and is expected to dominate all through 2018-2025. This is due to the rising demand for ERP software among retailers to enhance consumer satisfaction and operational efficiency of their businesses.

By application, the inventory management segment contributed to nearly one-fourth of the total market in 2017and is anticipated to maintain its dominance during the period. The fact that this ERP is highly used among retailers to effectively manage the inventory levels for ensuring the constant flow of units into and out of an existing inventory has fueled the growth.

Based on the deployment model, the large retailer's segment held the lion share, accounting for nearly two-thirds of the total market. Increase in adoption of ERP among the retail industry in Vietnam in order to enhance business efficiencies and transparencies has driven the market.

Leading market players active in the global Vietnam ERP for Retailers Market include Exact, Deskera, IBM Corporation, Infor, The Sage Group plc, SAP SE, Plex Systems, Inc., Microsoft Corporation, Oracle Corporation, and Epicor Software Corporation. They have adopted various strategies including partnerships, collaborations, mergers & acquisitions, and others to gain a strong position and sustain in the industry.


Vietnam Erp For Retailers Market Key Segments:
By Component
  • Software
  • Service
By Application
  • Customer Management
  • Demand Forecasting
  • Inventory Management
  • Store and Warehouse Operations Management
  • Purchase and Vendor Management
  • Employee Management
By Deployment Model
  • On-premise
  • Cloud
By Retailer Size
  • Large Retailers
  • Small & Medium Retailers
Questions answered in the Vietnam ERP for Retailers Market research report:
  • What is the growth rate of the Vietnam ERP for RetailersMarket during the forecast period?
  • What will be the global vietnam ERP for retailers market size from 2018 to 2025?
  • What are the leading manufacturing companies in the Vietnam ERP for Retailers Market?
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Software Defined Networking Market Growth Analysis, Opportunities and Forecast by 2025

The global software defined networking (SDN) market is expected to reach $132.9 billion by 2022, growing at a CAGR of 47% from 2016 to 2022. The growing need for efficient management of data traffic and centralized control of networks has encouraged communication providers to adopt SDN. Implementation of SDN has increased significantly across industries owing to the network complexities, cost and time efficiency, and flexibility in network infrastructure.


SDN offers several benefits including programmable control over the network, management of wide and complex data traffic, reduced capital and operational cost on network equipment, and customized data control, which have encouraged organizations to adopt this technology. Increasing implementation of mobility services, huge data generation, wide data network, Internet of Things, and increasing need of flexibility in the network infrastructure across various verticals, such as IT, consumer goods & retail, BFSI, defense, healthcare, telecom, and others, further accelerate the growth of this market.


The solutions offered by SDN providers include physical network infrastructure, virtualization and control software, professional services, and SDN applications & network services. The physical network infrastructure accounted for 47.4% of the global market revenue in 2015, owing to its benefits of minimizing the complexity of network management through SDN-enabled switches, routers, and other network devices, while saving capital costs and operational expenses. Furthermore, virtualization and control software is expected to grow at the fastest CAGR of over 51% during the forecast period.

Enterprises are the major end users of SDN, accounting for about 43% of the global market revenue in 2015, followed by telecommunication service providers. However, the cloud service provider segment is estimated to grow at the highest CAGR during the forecast period due to the growth in use of cloud computing services by various organizations.

IT is the major industry that implements SDN. It accounted for around 22% share of the global market in 2015, followed by the telecom industry. Flexible delivery of network services, automated management of complex network, and rising trend of mobility services encouraged IT organizations to implement SDN. Consumer goods & retail is expected to grow at the highest CAGR over the forecast period.

North America is expected to dominate the SDN market due to adoption of advanced networking infrastructure, increased adoption of mobile devices, and favorable networking regulations and standards in the U.S. and Canada. Asia-Pacific is expected to be the fastest growing region on account of continuous upgrades in the networking infrastructure, and emerging trends of mobility services and Bring Your Own Device (BYOD) in the region.

Major Key Players in the market include Dell Inc., Hewlett-Packard Enterprise, IBM Corporation, Cisco Systems, Inc., Juniper Networks, Inc., NEC Corporation, Brocade Communications Systems, Inc., Big Switch Networks, Inc., Extreme Networks, Inc., and VMware, Inc. Product launches and collaborations are the key strategies followed by these players to enhance their portfolio, cater to the growing needs of the consumers, and expand their geographical presence.


Driving factors for the market
  1. Complex network traffic patterns
  2. Growing need for mobility services
  3. Increasing requirement of efficient infrastructure
  4. Big data analytics
Market Restraints and Opportunities: 
  1. Lack of standardization and implementation
  2. Lack of awareness among enterprises
  3. Increasing adoption of cloud computing services
  4. Technological advancement
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ASEAN Car GPS Navigation Systems market Competitive Landscape and Forecast by 2019-2025

Allied Market Research recently published a report, titled, ASEAN Car GPS Navigation System Market by Component Type (Hardware and Software), Vehicle Type (Passenger and Commercial), and End User (OEMs and Aftermarket): Opportunity Analysis and Industry Forecast, 2018-2025. The research offers a detailed analysis on changing market dynamics, key investment pockets, major segments, and market competition. According to the report, the ASEAN car GPS navigation system market generated $12.93 billion in 2017 and is projected to reach $29.59 billion by 2025, registering a CAGR of 11.1% from 2018 to 2025.


Rise in number of vehicle sales, the integration of smartphones with in-vehicle systems (IVS) and increase in demand for traffic control are the factors that drive the growth of the market. However, the presence of substitutes to aftermarket navigation systems restrain the growth of the market. Conversely, high penetration of wireless communication technology and availability of advanced telecom infrastructure are expected to create new opportunities for the market growth.


The hardware segment to be lucrative through 2025
Among types, the hardware segment accounted for 59.8% of the overall market share in 2017 and would retain its dominance through 2025. The same would grow at the fastest CAGR of 12.1% during the forecast period. This is due to increase in number of car sales in Asia-Pacific region as these components come with navigation system provided by the OEM or aftermarket. Furthermore, the segment is also expected to grow at the highest CAGR owing to continuous rise in demand for new digital technologies for in car connectivity.

Passenger segment to be dominant through 2025
Among vehicle types, the passenger segment was the largest in 2017, capturing 69.7% of the market share and would maintain its dominance through 2025. This is due to increase in number of passenger car sales in the South Asian countries. However, the commercial segment would grow at the fastest CAGR of 13.8% from 2018 to 2025. This is because of increased production of commercial cars in the South Asian countries. Moreover, addition of enhanced features such as smart parking assistance and traffic updates is expected to fuel the demand for commercial vehicles.

Indonesia to be dominant, Thailand to exhibit the fastest growth through 2025

Among countries, Indonesia captured more than one-third of the market share in 2017 and is likely to dominate the market through 2025. This is due to the increased need to improve the accuracy of map and overcome the traffic congestion in major cities of Indonesia such as Jakarta, Java, and others. However, Thailand is expected to register the fastest CAGR of 13.3% from 2018 to 2025, owing to growth in industrialization and increase in need to efficiently deliver goods from one point to another.


Key players of the industry
Leading market players analyzed in the research include Alpine Electronics, Pioneer Corporation, TomTom International BV, Panasonic, Mitsubishi Electric Corporation., JVC KENWOOD Corporation, Robert Bosch, Garmin Ltd., Sony Corporation, Denso Corporation, and Continental AG. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.
Driving factors for the market
1.  Rise in number of car productions and sales in ASEAN countries
2. Growing need of traffic control
3.  High penetration of wireless communication technology and advanced connectivity infrastructure

Market Restraints and Opportunities: 
  • Emergence of alternatives
  •  Emergence of driverless cars in ASEAN Countries
Questions answered in the ASEAN Car GPS Navigation System Market research report:
  • What is the growth rate of theASEAN Car GPS Navigation System Market during the forecast period?
  • What will be the global ASEAN car GPS navigation system market size from 2018 to 2025?
  • How the major current trends will shape the market in the future?
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Wednesday, October 23, 2019

Asia Pacific ERP Software Market Growth Factors, Regions and Applications, Industry 2026

According to a recent report published by Allied Market Research, titled, "Asia-Pacific ERP Software Market by Deployment Model, Business Function, Industry Vertical, and End User: Opportunity Analysis and Industry Forecast, 2019-2026," the Asia-Pacific ERP software market was valued at $9,669 million in 2018, and is projected to reach $26,370 million by 2026, growing at a CAGR of 13.3% from 2019 to 2026. 


Rise in need for operational efficiency & transparency in business processes and surge in adoption of cloud & mobile applications are the major factors that fuel the growth of the Asia-Pacific ERP software market. In addition, increase in demand for data-driven decision-making is one of the crucial drivers of the market. However, higher investment and maintenance costs are expected to hinder the Asia-Pacific ERP software market growth. On the contrary, increase in demand for ERP among small & medium enterprises and technological advancements in ERP are expected to provide lucrative opportunities for the market growth in the coming years.


Based on deployment model, the on-premise segment dominated the overall Asia-Pacific ERP software market size in 2018, and is expected to continue this trend during the forecast period. This is attributed to wide adoption of on-premise deployment mode in large enterprises, as it involves a significant investment to implement, and organizations need to purchase interconnected servers as well as software to manage the system. However, the cloud segment is expected to witness the highest CAGR during the Asia-Pacific ERP software market forecast period, due to a paradigm shift in the deployment methods from on-premise to cloud-based models among end users.

The finance business function was the highest contributor to the Asia-Pacific ERP software market share in 2018, and is projected to remain dominant during the forecast period, due to high adoption of finance modules in most of the organizations to reduce complexity in financial function and to achieve overall competency in business. However, the human resource (HR) module is expected to witness highest growth, owing to ongoing business expansion in Asia-Pacific, which compels businesses to adopt ERP HR modules for easy integration and management of all the required information of the present and additional workforce.

The manufacturing industry dominated the Asia-Pacific ERP software market analysis in 2018, and is expected to continue this trend during the forecast period. This is attributed to rise in number of entrants in pharmaceutical, automotive, garment, and consumer electronics manufacturing markets. However, the aerospace & defense industry is expected to witness highest CAGR during the Asia-Pacific ERP software market analysis over the forecast period. This is attributed to surge in adoption of ERP software, due to development in business process, need to reduce IT complexity, and improvement in business agility. Furthermore, the adoption of cloud-enabled deployment model in high-tech sectors such as aerospace & defense sector is growing at a significant rate, which is opportunistic for the Asia-Pacific ERP software market.


Top Key Players:  Digiwinx Infotech PVT. LTD., Synergix Technologies, Focus Softnet PTE LTD, IFS AB, Deskera, HashMicro Pte. Ltd., 3i Infotech LTD., Rorko Technologies, Tigernix Pte. Ltd., and Accentuate Pte. Ltd. This study includes Asia-Pacific ERP software market trends, analysis, and future estimations to determine the imminent investment pockets.

Driving factors for the market
  • Rise in need for operational efficiency & transparency in business processes
  • Surge in adoption of cloud & mobile applications
  • Increase in demand for data-driven decision-making
Market Restraints and Opportunities: 
  1. Higher investment and maintenance costs
  2. Increase in demand for ERP among small and medium enterprises
  3. Technological advancement in ERP
Questions answered in the asia-pacific erp software Market research report:
  •  What is the growth rate of the asia-pacific erp software Market during the forecast period?
  • What will be the global asia-pacific erp software market size from 2017 to 2022?
  • What are the leading manufacturing companies in the asia-pacific erp software Market?
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Warehouse Management Systems Market o Witness High Revenue Growth During 2019 – 2022

The Objective of the “Global Warehouse Management Systems Market ” report is to depict the trends and upcoming for the Warehouse Management Systems Market industry over the forecast years. Warehouse Management Systems Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2014 to 2022 mulling over 2013 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation


A new report published by Allied Market Research , The global warehouse management system (WMS) market size to reach $3,112 million by 2022, growing at a CAGR of 15.2% from 2016 to 2022. This can be attributed to the increase in inventory and workload of WMS in warehouse operations. Europe is expected to be the largest market during the forecast period.


By component type, software held the highest market share in 2015, and services is anticipated to show the highest growth rate. Among the various industry verticals, transportation & logistics is projected to dominate the market. However, pharmaceuticals industry is expected to have the fastest growth rate.

"The European market is most productive as compared to others with diverse industry verticals implementing WMS at a greater extent. Furthermore, it is projected to generate the highest market revenue over the forecast period with predominant deployments in the transportation & logistics industry," states Seapee Bajaj, Lead Analyst, Construction & Manufacturing at AMR.
Asia-Pacific is estimated to grow fastest due to increase in the adoption of WMS services and extensive growth in Japan, China, Australia, and India.

Driving factors for the market
  • Implementation in 3PL
  • Improved supplier and customer relationships
  • Global e-commerce boom

Market Restraints and Opportunities: 
  1. Costly deployment of WMS solutions
  2. Dominance of ERP vendors
  3. Service-oriented architecture (SOA)
  4. Emergence of SaaS-based On-Demand WMS Solutions
  5. Expanded supply chain execution footprint
Questions answered in the warehouse management system (WMS)  Market research report:
  • What is the growth rate of the warehouse management system (WMS)  Market during the forecast period?
  • What will be the global warehouse management system (WMS)  market size from 2017 to 2022?
  • What are the leading manufacturing companies in the warehouse management system (WMS)  Market?
  • How the major current trends will shape the market in the future?
  • What are the driving factors and opportunities in the warehouse management system (WMS)  Market?
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Unified Communication Market Gain Impetus due to the Growing Demand by 2023

Allied Market Research published a report, titled, Unified Communication Market by Application (Video, Telephony, Conferencing, Mobility, Unified Messaging, IM & Presence, and Contact Center) and Industry Vertical (Energy & Utilities, IT & Telecom, Retail, Healthcare, Manufacturing, BFSI, Public Sector, Aerospace & Defense, and Others) - Global Opportunity Analysis and Industry Forecast, 2016-2023. The report offers a detailed analysis of the key investment pockets, market player positioning, drivers & opportunities, and business performances of major players. According to the report, the global unified communication market garnered $32.88 billion in 2016 and is expected to reach $74.24 billion by 2023 at a CAGR of 12.60% from 2017 to 2023.



Technological innovations in product offerings, pressing need to improve interoperability & operational efficiency, surge in demand for cloud solutions, and increase in application areas among end users are the key factors responsible for healthy growth of the global unified communication market. Moreover, growth adoption of IoT coupled with increase in need for enterprise mobility BYOD trend and proliferation of smart devices has supplemented the industry growth. However, issues associated with implementation of unified communication solutions and threats associated with data breaches are expected to hamper the market growth to a certain extent. On the other hand, growing awareness about technological changes in the untapped emerging economies among end user industries would present lucrative opportunities to the market.


Telephony to dominate, mobility to grow rapidly 
The report segments the market based on application into video, telephony, conferencing, mobility, unified messaging, IM & presence, and contact center. The telephony segment captured 29% of the market share in 2016 and is expected to maintain its lion's share through 2023. In terms of growth rate, the mobility segment would register the fastest CAGR of 15.30% during the forecast period.

Energy & utilities segment to be lucrative through 2023 
The industry verticals analyzed in the research include energy & utilities, IT & telecom, retail, healthcare, manufacturing, BFSI, public sector, aerospace & defense, and others. The IT & telecom segment accounted for 21% of the total market share in 2016. However, the energy & utilities segment is anticipated to be lucrative during the forecast period, owing to its fastest CAGR of 15.06%.

North America Dominant, Asia-Pacific Fastest Growing 
Geographically, the report analyzes the global market across North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA). North American region contributed to more than one-third share of the total market in 2016 and is expected to remain dominant throughout the forecast period. However, Asia-Pacific would become the fastest growing region, registering a CAGR of 16.10% from 2017 to 2023.

Frontrunners of the global industry 
The market players analyzed in the study include Aastra Technologies Limited, Alcatel-Lucent S.A., AT&T Inc., Cisco, Avaya Inc., Hewlett Packard Enterprise, IBM Corporation, Microsoft Corporation, Siemens Enterprise Communications, and Verizon Communications. Furthermore, the report presents various strategies, such as partnerships, new product launches, mergers & acquisitions and others, which have been adopted by market players to gain a stronghold in the industry.


Driving factors for the market
  • Proliferation of smart phones and BYOD trend
  • Penetration of Internet of Things
Market Restraints and Opportunities: 
  1. Implementation issues
  2. Increase in demand from developing countries
  3. Increased market for cloud based solutions
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Data Warehousing Market 2019 Size, Impact Factors for Industry, Share and Forecast to 2023

Allied Market Research published a report, titled, "Data Warehousing Market by Type of Offering (Extraction, Transportation & Loading (ETL) Solutions, Statistical Analysis, Data Mining, and Others), Type of Data (Unstructured and Semi-Structured & Structured), Deployment (On-Premise, Cloud, and Hybrid), Organization Size (Small & Medium Sized Enterprises and Large Enterprises), and Industry Vertical (BFSI, Telecom & IT, Government, Manufacturing, Retail, Healthcare, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025." The report offers an extensive analysis of changing market dynamics, major investment pockets, key segments, and competitive scenario. According to the report, the global data warehousing market garnered $18.61 billion in 2017 and is estimated to generate $34.69 billion by 2025, registering a CAGR of 8.2% from 2018 to 2025.


The requirement for dedicated storage systems with generation of huge amount of data, surge in demand for column-oriented data warehouse solutions and need for real-time view and analytics drive the growth in the market. However, high cost of implementation and complexity restrain the market growth. On the other hand, increase in application of AI in data warehousing and rise in adoption of virtual data warehousing create new opportunities in the market.


On-premise segment to continue its leadership status by 2025
Based on deployment, the on-premise segment contributed more than two-fifths of the total market share in 2017 and is expected continue its leadership status by 2025. This is due to preference of organizations to protect sensitive data. However, the hybrid segment is expected to register the highest CAGR of 9.1% from 2018 to 2025, owing to efficient utilization of resources, faster data processing, and cost-effectiveness.

Structured data to grow at the fastest rate
Based on type of data, the structured data would register the fastest growth rate, growing at a CAGR of 12.7% from 2018 to 2025, owing to generation of huge amount of unstructured data in organizations. The semi structured & unstructured segment accounted for nearly four-fifths of the total share in 2017, and will maintain its dominant position throughout the forecast period. This is attributed to advancements in storage technologies and data processing.

North America maintain its lead position by 2025
North America held the major market share in 2017, accounting for nearly two-fifths of the total share and will maintain its lead position by 2025. This is due to huge chunk of data generated by many organizations, trend of digitization, and adoption of advanced technologies. However, Asia-Pacific is expected to grow at the highest rate, with a CAGR of 9.9% from 2018 to 2025, owing to rise in data storage and analytics requirements in various industry verticals and surge in adoption of big data in the region.


Leading market players
Leading market players analyzed in the research report include Actian Corp., Cloudera, Amazon, IBM Corporation, Google, Oracle Corporation, Microsoft, Snowflake, SAP, and Teradata. They have adopted various strategies including expansions, collaborations, partnerships, joint ventures, mergers & acquisitions, and others to gain a strong position in the industry.

Driving factors for the market
  1. Need for dedicated storage system for growing volume of data
  2. Rise in demand for column-oriented data warehouse solutions to perform advanced analytics
  3. The need for low-latency, real-time view and analytics on operational data
Market Restraints and Opportunities: 
  • Complexity
  • High implementation cost
  • Emerging trend of adopting virtual data warehousing
  • Growing Application of AI in Data Warehouse
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Tuesday, October 15, 2019

Big Data Analytics in Healthcare Market Variables, Trends and Scope Analysis by 2019-2025

"Big Data Analytics in Healthcare Market by Component (Software and Services), Deployment (On-Premise and Cloud), Analytics Type (Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, and Diagnostic Analytics), Application (Clinical Analytics, Financial Analytics, and Operational Analytics), and End User (Hospitals & Clinics, Finance & Insurance Agencies, and Research Organizations): Global Opportunity Analysis and Industry Forecast, 2018-2025". The report provides a comprehensive analysis of the Industry dynamics, key market segments, market trends and estimations, top investment pockets, and competitive landscape. According the report, the global big data in healthcare market was valued at $16.87 billion in 2017 and is expected to attain $67.82 billion by 2025, registering a CAGR of 19.1% during the forecast period.

The growth of the big data analytics in the healthcare market is driven by factors such as increase in adoption of big data in the healthcare industry, surge in demand for analytics solution to aid population health management, and shift in preference from a pay-for-service model to a value-based care model. However, issues related to data security and dearth of skilled workforce are expected to hamper the market growth in the future. On the contrary, growing inclination toward cloud-based analytics solutions and emerging trend in healthcare such as telehealth and innovations in genomics are expected to create lucrative opportunities for the market players in the coming future.
Software segment to continue its dominance throughout the forecast period 
Based on component, the software segment occupied more than two-thirds share of the global market in 2017 and is projected to maintain its dominance through 2025, owing to surge in electronic patient records and mammoth amount of clinical data that need analysis. However, the services segment is expected to register the fastest CAGR of 21.3% during the forecast period, on account of the growing requirement for training, planning, maintenance, and support services while implementing the healthcare analytics software.
Cloud-based deployment to register highest CAGR by 2025 
The cloud-based deployment model is expected to register the fastest CAGR of 20.8%, owing to its benefit over the on-premise model such as no capital cost, low maintenance, faster data processing, and efficient resource utilization. However, the on-premise segment held the largest share in 2017, contributing about 59.3% of total share and is expected to continue its dominance.
Prescriptive analytics is anticipated to grow at the fastest rate through 2025 
Prescriptive analysis segment is expected to grow at the fastest CAGR of 20.3%, as it helps in preventing errors made by doctors while filling out prescriptions, which enhances the overall patient treatment and performance of healthcare systems. However, the predictive analytics segment is used to analyze customer spending and other optimizable behaviors, owing to which it remains the largest segment, contributing about one-third of the global market value. Based on analytics, the market is further segmented into descriptive analytics and diagnostic analytics.
Clinical analytics segment is projected to assert dominance through 2025 
Based on application, clinical analytics segment accounted for more than half of the total market share in 2017 and is expected to dominate the market throughout the forecast period, owing to rise in investments in population health and adoption of clinical analytics in subsequent management. However, financial analytics segment is expected to grow at the fastest CAGR of 21.6% owing to its growing adoption by healthcare organizations, as they need to increase their financial returns from technological investments. Moreover, the operational analytics segment would exhibit steady growth during the forecast period.
Hospitals & Clinics end-use segment generates maximum revenue 
Accounting for more than half of the total generated revenue in 2017, hospitals & clinics segment was the largest end user of big data analytics, due to increased demand for optimized care services and reduction in hospital expenditure. However, the finance & insurance agencies segment is expected to manifest the fastest CAGR of 21.6% during the forecast period, owing to rise in demand for big data analytics in the decision-making process of health insurance policies and financial investment in the healthcare sector. Another segment of research organization is also analyzed in the report.
Europe projected to exhibit fastest growth by 2025 
Europe is projected to witness the highest CAGR of 21.8% through 2025 during the forecast period. The government agencies of various countries such as the UK, Germany, Sweden, and the Netherlands have demanded valuable insights on hospitalization process as well as a robust analysis on long-term public health, fueling the rise of big data in the healthcare market. However, North America is projected to remain the dominant region, holding more than half of the total market share through 2025, as it was the early adopter of big data analytics in healthcare. The other regions such as Asia-Pacific and Latin America, Middle East and Africa (LAMEA) are also analyzed in the report.
Key market players 
The key players analyzed in the report include Allscripts, Cerner Corporation, Dell EMC, Epic System Corporation, GE Healthcare, Hewlett Packard Enterprise Development LP, International Business Machines (IBM) Corporation, Microsoft, Optum, Inc., and Oracle Corporation. They have adopted different strategies including collaborations, joint ventures, partnerships, expansions, mergers & acquisitions, and others to gain a strong position in the industry.
Driving factors for the market
1.  Increase in the demand for analytics solutions for population health management
2. Rise in need for business intelligence to optimize health administration and strategy
3. Surge in adoption of big data among the end users in healthcare industry
Get More Information on this Report :

Image Recognition Market Research Methodology and Market Estimation by 2019-2025

Image Recognition Market by Deployment Mode (On-Premise and Cloud), Component (Hardware, Software, and Services, Industry Vertical (IT & Telecom, BFSI, Healthcare, Retail, Government, Media & Entertainment, Transportation & Logistics, Manufacturing, and Others), Technology (Object Detection, QR/Barcode Recognition, Facial Recognition, Pattern Recognition, and Optical Character Recognition), and Application (Scanning & Imaging, Security & Surveillance, Image Search, Augmented Reality, Marketing & Advertising): Global Opportunity Analysis and Industry Forecast, 2018-2025. The report offers in-depth analyses of the industry by closely monitoring the key industry trends, drivers & opportunities, top investment pockets, growth strategies, key player positioning, and competitive landscape. According to the report, the global image recognition market was pegged at $17.91 billion in 2017 and is expected to reach $86 billion by 2025, registering a CAGR of 21.8% from 2018 to 2025.

Growing popularity of media cloud services and increasing pace of technological advancements in facial recognition technology drive the growth of the global image recognition market. Moreover, surge in the number of mobile devices equipped with cameras and rise in demand for security applications and products laden with image recognition features supplement the market growth. However, high cost of installation of image recognition systems is expected to hamper the market growth. On the contrary, supportive regulations that mandate the use of image recognition products and high demand of image recognition in the healthcare industry are expected to provide lucrative opportunities to the market.
Cloud segment to be lucrative through 2025 
The cloud segment captured 55.9% of the total market share in 2017 and would maintain its dominance through the forecast period, owing to increased adoption of cloud in various industry verticals such as media & entertainment, banking, financial services, and insurance (BFSI), and government organizations. The segment is expected to grow at the fastest CAGR of 23.3% through 2025. On the other hand, the on-premise segment would grow at a steady pace during the forecast period.
Service segment to grow the fastest through 2025 
The service segment accounted for the largest share of 47.5% in 2017 and would maintain its lead through 2025, registering the fastest CAGR 23.5% from 2018 to 2025. This is attributed to the growing popularity of media cloud services and increasing demand for managed network security services. The other components discussed in the study are hardware and software.
Healthcare segment to grow the fastest CAGR through 2025 
The healthcare segment is expected to grow at the fastest CAGR of 28.4% during the forecast period, owing to the increasing adoption of image recognition along with growing demand for image recognition in clinical decision support to enhance the efficiency of pathologists, radiologists, and other image-based diagnosticians. However, the retail segment held the largest share of 22.4% in 2017, as increased adoption of image recognition in this industry leads to in-store promotion and increases consumer engagement. On the other hand, the transportation & logistics segment is expected to contribute the largest share of 17.9% through 2025. The report also discusses IT & telecom, BFSI, government, media & entertainment, manufacturing, among other industries.
Object detection segment to dominate, facial recognition to witness robust growth through 2025 
The object detection technology segment garnered 33% of the total market share in 2017 and is projected to maintain its lion's share through 2025. However, the facial recognition segment is expected to witness the fastest CAGR of 26.1% through the study period, owing to increased usage of the technology in both law enforcement and non-law enforcement applications. Moreover, the technology is widely preferred over other biometric technologies due to its non-contact process and easy deployment (using cameras and existing monitoring devices). The other technologies analyzed in the report include QR/barcode recognition, pattern recognition, and optical character recognition.
Image search segment to dominate, augmented reality segment to attain fastest growth 
The image search segment held the largest share in 2017, capturing 35.4% of the overall total market share. It is expected to maintain its lead through 2025, as this technology is increasingly used in the e-commerce sector for various applications such as visual search, product tagging, and content curation. However, the augmented reality segment is expected to grow at the fastest CAGR of 26.7% from 2018 to 2025. The other applications discussed in the report include scanning & imaging, security & surveillance, and marketing & advertising.
Asia-Pacific to grow the fastest, North America to accrue highest revenue 
In 2017, the North America contributed 46.7% of the total market share in 2017, owing to surge in the number of users of electronic gadgets and smartphones with image recognition applications. However, Asia-Pacific would manifest the fastest CAGR of 25.4% during the study period, owing to lurking threats due to terrorist attacks and growing trend towards e-governance in the region. The other regions analyzed in the report are Europe and Latin America, Middle East, and Africa (LAMEA).
Torchbearers of the Industry 
The leading companies operating in the global image recognition market include IBM Corporation, Imagga Technologies Ltd., Amazon Web Services, Inc., Qualcomm Incorporated, Google LLC, Microsoft Corporation, NEC Corporation, LTU technologies, Catchoom Technologies S.L., and Intel Corporation.
Driving factors for the market
1. Growing use of image recognition applications
2. Technological advancements in facial recognition technology
3. Growing demand for security applications and products enabled with image recognition functions
4. Supportive regulations that mandate the use of image recognition solutions
For more information about this report visit :  

Intelligent Virtual Assistant Market Application Estimates and Outlook Overview by 2014-2020

Intelligent Virtual Assistant Market report, published by Allied Market Research, forecasts that the global market is expected to garner $3.6 billion by 2020, registering a CAGR of 35.2% during the period 2015 - 2020. North America dominates the global intelligent virtual assistant market owing to the increased adoption of IVA in countries such as the U.S. However, Asia-Pacific region is expected to exhibit a faster growth over the forecast period 2015 - 2020.

The technology segment comprises speech recognition and text-to-speech technology. Speech recognition technology segment dominated the market in 2014, and is expected to dominate throughout the forecast period 2015-2020. Intelligent virtual assistant (IVA) is used in various industry verticals such as automotive, healthcare, BFSI, retail and others. Among these verticals, BFSI was the highest revenue-generating segment, accounting for 39.9% share in 2014. 
IVA solutions are widely used in the BFSI sector, owing to faster response time, improved customer handling and high customer satisfaction. However, automotive segment would witness the fastest growth during the forecast period. The growth would be driven by the fast growing in-car infotainment systems market, as IVA is an important part of these systems, which enables the vehicle driver and passengers, to surf the internet, navigate and make calls through speech recognition technology.
Further, theIVA market based on geography is bifurcated into North America, Europe, Asia-Pacific and LAMEA. North America dominated the global intelligent virtual assistant (IVA) market, accounting for 39.5% market share in 2014. The region would maintain its dominance during the forecast period. However, Asia- Pacific would witness the highest CAGR of 38.97% during the same period.
Driving factors for the market
1 Improved customer experience
2 Cost effective solution
3 Increasing smartphone penetration
Market Restraints and Opportunities
1 Lack of awareness
2 Inclusion of natural language processing
Intelligent Virtual Assistant Market Key Segments:
The global IVA market is segmented based on technology, vertical and geography.
By Technology
  • Text-to-Speech
  •  Speech Recognition

By Vertical
  •  Automotive
  •   Healthcare
  •  BFSI
  •  Retail (e-commerce)

By Geography
  •  North America
  •  Europe
  •  Asia-Pacific
  •  LAMEA

Key Players
  • Next IT Corporation
  •  Nuance Communications, Inc.
  •  IntelliResponse Systems, Inc.
  •  CodeBaby Corporation
  •  Creative Virtual Ltd.
  •  Speaktoit, Inc.
  •  Artificial Solutions
  •  eGain Corporation
  •  CX Company
  •  Anboto Group

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Business Process as a Service (bpaas) Market Swot Analysis, By Factor (Political & Legal) to 2017-2023

"Business Process-as-a-Service (BPaaS) Market by Application, Deployment Model and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global BPaaS market was valued at $3,916 million in 2016, and is projected toreach at $15,144 million by 2023, growing at a CAGR of 21.8%from 2017 to 2023.

The banking, financial services, & insurance (BFSI) segment is expected to be the major revenue contributor to the global BPaaS market, due to growth in customer base and internet users. Reduced investment cost for new hardware and software in banking sector, insurance industries, and capital market are expected to drive the BPaaS market in the near future. Moreover, the healthcare segment has exhibited an increasing cloud adoption across various regions, owing to the associated benefits of low cost and improved reliability & scalability.
North America BPaaS market dominated the global market in 2016, owing to high demand for low-cost cloud infrastructure development and faster network accessibility. The developing countries, including China, Australia, and Brazil, have boosted the market growth. In addition, industry participants have focused on strengthening their portfolio of BPaaS industry solutions to ensure competence and effectiveness of cloud deployment for BPO services in other emerging markets such as Latin America, the Middle East, and Africa.
The surge in ICT expenditure, increase in cloud adoption across several industry verticals including BFSI, retail, healthcare, manufacturing, and government & education are anticipated to augment the market penetration. The prominent markets, such as Asia-Pacific and Europe, with developed cloud infrastructure, high adoption of Internet of Things (IoT) technology, and surge in demand for low-cost IT infrastructure deployment are anticipated to fuel the market growth in the near future.
North America was the highest revenue contributor to the global market in 2016, accounting for around 45.7% share of the global BPaaS market. In addition, Asia-Pacific region is projected to grow at the highest CAGR of 23.9% during the forecast period, owing to growing penetration of mobility and cloud adoption by small- and mid-sized companies.
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The report features a competitive scenario of the BPaaS market and provides comprehensive analysis of key growth strategies adopted by major players. The key players profiled in the study are Accenture, IBM Corporation, Capgemini, Genpact, Oracle Corporation, and Fujitsu Limited. All these players are involved in the competitive strategies, such as geographical expansion, mergers & acquisitions, product portfolio expansion, and partnership to augment the growth of the BPaaS market.
Driving factors for the market
  • Need for low cost IT infrastructure and data accessibility
  • Increase in the need for business process analytics
  • Increase in cloud adoption across several industry verticals

Market Restraints and Opportunities: 
  •   Lack of IT skills and knowledge in underdeveloped nations
  •   Rising security concerns over cloud deployment
  •   Increasing inclination towards cloud technology
  •   Increase in awareness of cloud computing benefits
  •   Business Process-as-a-Service (BPaaS) Market Key Segments:

BY Application
  •  HR Service
  •  Finance & Accounting Service
  •  Analytics
  • Supply Chain Management
  • Digital Asset Management
  • Others (OMaaS and Managed Marketing Service)

By Deployment Model
  •  Private
  •  Public
  •  Hybrid

By Industry Vertical
  •  Banking, Financial Services, and Insurance (BFSI)
  •  Healthcare
  •  Government
  • Manufacturing
  • Retail
  •  IT & Telecom
  •  Others (Business Service Providers, Media & Entertainment, and Hospitality)

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