Livestock Grow Lights Market Worth $10.4 Billion By 2025

The global livestock grow lights market size is estimated to reach USD 10.4 billion by 2025, growing at a CAGR of 6.8% from 2019 to 2025, according to the new report conducted by Grand View Research, Inc. Increasing adoption of smart technology for domestic animal farming and consumption of meat, eggs, and milk is expected to drive the growth of the market. Increasing number of domestic animals, especially in developing economies such as India, China, and Brazil is subsequently necessitating building of new livestock farms. This is driving demand for new installation of grow lights in these countries.

The traditional incandescent light bulbs are increasingly getting replaced by LEDs, which is helping to decrease greenhouse gas emissions. Additionally, LED lights do not generate hazardous waste. Thus, there is an increase in the adoption of LEDs. India has joined other countries such as China and Japan, in achieving a rapid shift to LEDs. Under the new initiative ‘The Domestic Efficient Lighting Program,' India has distributed around six crores LED bulbs. This initiative has resulted in saving of around 1.8 gigawatts of electricity in the past year.

In addition, the governments across countries such as India and the U.S. are taking initiatives for an increase in domestic animal production. This, in turn, is expected to have positive impact on demand for grow lights. For instance, the Government of India is taking efforts to strengthen the infrastructure required for the production, processing, procurement, and marketing of quality milk under the dairy development schemes such National Dairy Plan (Phase-I), National Programme for Dairy Development (NPDD), Dairy Processing and Infrastructure Development Fund (DIDF).

Increasing adoption of new technologies/technology-based products such as automatic incubators for poultry farms is expected to fuel the market growth. The automatic incubators consist of gear-motor-operated panels that enable them to rotate at the appropriate speed to ensure perfect condition for an egg to hatch and incubate successfully. The incubator is designed to regulate incubation humidity and temperature. The presence of LED lights during the incubation improves the chick quality in broiler and white layer eggs, reduces the stress susceptibility of broilers post-hatch, and increases the hatchability rate.

The prominent players operating in the market include Signify Holding (U.K.); HATO BV (Netherlands); Big Dutchman (Germany); OSRAM GmbH (Germany). The market players are mostly focusing on merger and acquisition in order to provide a significant lighting system for animal barns.

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Further key findings from the report suggest:

• Increasing adoption of LED lights in livestock farms is expected to drive the market over the forecast period. LED lights are energy-efficient with one-fifth of the power consumption of incandescent light bulbs
• The cattle segment dominated the market in terms of revenue in 2018. The grow lights in the cattle farms help increase the productivity of milk from dairy cattle
• The new installation segment is expected to witness the highest CAGR over the forecast period owing to the rising livestock population, especially in regions such as Asia Pacific and Europe 
• North America held considerable livestock grow lights market share in 2018 owing to early and relatively greater adoption of advanced technologies such as LED lighting in the livestock sector
• The players operating in the market include Once Inc. (U.S.); DeLaval Inc. (Sweden); and Greengage Lighting and Agri-tech (U.K.).

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Education & Learning Analytics Market Future Growth & Demand

The global education and learning analytics market size is expected to reach USD 49.12 billion by 2025, registering an estimated CAGR of 17.4% from 2019 to 2025 according to a new report by Grand View Research, Inc. eLearning technologies such as student information systems, mobile learning devices, and learning management systems (LMS) have gained prominence over the last few years. These technologies enable the education sector access to huge chunks of data pertaining to learning & teaching practices.

To gain rich insights from this data, learning analytics tools are gaining high traction in the education sector. Education analytics solutions are helping the education sector take data-driven decisions that stimulate effective transformation in students. These tools help educators in understanding the core areas of improvement in students. Data-driven decisions are used to design personalized lessons that address the different needs of the students.

These tools are witnessing a broad set of applications in the enterprise sector as well, wherein business leaders are investing in modern foundational technologies. These tools retrieve real-time data regarding production facilities, supply chains, customers, and various core operations that would help organizations achieve their strategic goals. Furthermore, these tools also support personalized training for the employees, which help in determining key performance indicators (KPIs), as well as enable a higher Returns on Investment (RoI) through modernized learning & development (L&D) techniques.

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Education & Learning Analytics Market Report Highlights

• In terms of type, the prescriptive segment is expected to register a CAGR of around 20% over the forecast period
• In terms of end-use, academics sector is expected to grow at a significant rate over the next six years, owing to the rising concerns of educational institutions regarding student retention, reducing attrition, and timely feedback
• The enterprise end-use segment is likely to continue to dominate the market over the forecast period owing to the increased awareness about the benefits of learning analytics in prioritizing educational programs that can lead to the desired outcomes
• In terms of component, the services segment is poised for high growth in the near future owing to increasing adoption of education analytics solutions in academic institutes as well as enterprises for support & maintenance
• North America accounted for the largest revenue share in 2018. It is anticipated to retain its hold on the education and learning analytics market over the forecast period
• Some of the key players in the market are Blackboard Inc., D2L Corporation, IBM Corporation, Microsoft, MicroStrategy Inc., Oracle, Saba Software, Tableau Software, Inc., among others

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Robotic Lawn Mowers Market Size Worth $1,400.62 Million by 2025

The global robotic lawn mowers market size is expected to reach USD 1,400.62 million by 2025, registering a CAGR of 21.9% from 2019 to 2025 according to a study conducted by Grand View Research, Inc. Factors such as the introduction of energy-efficient gardening equipment, rising popularity of green roofs, rising adoption of gardening as a hobby, and rising disposable incomes are expected to drive the growth of the market over the forecast period.

The rapid expansion of the residential construction sector in several countries globally is expected to spur the demand for landscaping services, which, in turn, is expected to propel the sales of robotic lawn mowers over the forecast period. Additionally, the popularity of well-kept yards and backyard beautification activities is on a rise, predominantly in developed economies, and people are spending increased funds on making their lawns aesthetically appealing. To enhance the look, appearance, and maintenance of yards, robotic lawn mowers offer great aid and convenience. These factors are likely to drive market growth over the next few years

Furthermore, factors such as strong GDP growth, along with a notable rise in disposable incomes across developing economies, are positively affecting market growth by allowing increased investment into farmhouses and bungalows with sizeable lawn areas, a trend expected to trigger market demand. However, the increasing popularity of artificial turf or grass is expected to serve as a major threat to the global demand for robotic lawn mowers. Artificial grass does not require mowing, watering, or fertilizing like natural grass. The convenience and low-cost associated with artificial grass are compelling its increased adoption across residential as well as commercial spaces, thereby hindering the market growth.

For more info visit here: https://www.grandviewresearch.com/industry-analysis/robotic-lawn-mowers-market

Further key findings from the study suggest:

• Based on battery type, 20V to 30V segment accounted for the largest market share in 2018. The segment is expected to remain the dominant segment over the forecast period as well
• The residential segment is expected to emerge as the largest segment of the market by the end of the forecast period. This can be attributed to the rapid expansion of the residential construction sector, especially across developing economies
• An upsurge in the demand for landscaping services and the popularity of gardening as a hobby in several countries is projected to spur the demand for a variety of robotic lawn mowers over the forecast period
• Europe held a significant share of around 30% in 2018 and is anticipated to register a CAGR of more than 20% over the forecast period. The European market is also likely to remain the dominant market over the forecast period
• Technological advancements and rapid adoption in various countries such as Germany, France, and Switzerland, combined with the introduction of low-cost products, are opening up new growth opportunities in the European market
• The vendor landscape of the robotic lawn mowers market is highly consolidated and characterized by a high level of competition with the presence of players such as Husqvarna Group, Deere & Company, American Honda Motor Co., Inc., and Robert Bosch GmbH.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Smart Ticketing Market Size, Share, Future Growth & Trends

The global smart ticketing market size is expected to reach USD 33.7 billion by 2026, registering a CAGR of 14.9% from 2019 to 2026, according to a new report by Grand View Research, Inc. Increase in demand for smart ticketing solutions in the travel and tourism industry owing to its ease of use and convenience, and growing reliance on online transactions are expected to drive the market over the forecast period. In addition, upsurge in intelligent transportation systems across the globe is further fueling the market growth.

Smart transit systems allow passengers affordable access to rapid transit systems, also known as metro or subway. These systems store a ticket electronically on a microchip, which is embedded onto a smart card. This allows passengers to load or credit it in advance for their travel, reducing the time spent in queues and speeding up the boarding process. Public transportation authorities across the globe are emphasizing on implementing these systems to reduce traffic in congested city areas and to deliver solutions that are environment-friendly. Numerous public transportation agencies are promoting the use of these solutions as they are easy to use, reliable, and more secure as compared to traditional magnetic stripe cards or tickets. These solutions are also highly durable and have a longer life span than their traditional paper counterparts.

Continuous innovations take place in this field with the view to improving customer experience. For instance, the South Western Rail in U.K. launched Tap2Go, which removes the need for customers to buy a ticket before their journey. Passengers touch their card at the gates and validators at the start and end of their journey. The system then calculates the best fare and the payment is deducted from their account the day after their travel. It is also linked to PayPal to make transactions easier.

These solutions offer high operational efficiency and increased security against fraud, which, in turn, is expected to contribute to the market growth over the forecast period. Moreover, these solutions require low maintenance compared to systems that use magnetic stripe technology. Furthermore, these smart solutions allow quick payment transactions and offer passengers with flexible travel options such as part-time season passes or carnets. This is subsequently expected to drive the demand for these solutions over the forecast period.

For more info visit here: https://www.grandviewresearch.com/industry-analysis/smart-ticketing-market

Smart Ticketing Market Report Highlights

• The software component segment is expected to witness significant growth over the forecast period owing to increased demand for payment gateways and other connected systems such as cards through servers and smartphones
• An e-ticket offers various advantages such as flexibility, security, and convenience for both transport agencies and travelers, which would encourage them to adopt these solutions
• Smart card systems enable transport service providers to reduce cash flows and implement flexible tariffs. These systems provide the added benefit of convenience as the fare payment can easily be made at the customer’s point of entry into the transit system; for example, at the subway gate or before boarding a bus. As a result, smart card systems are widely adopted by transport service providers across the globe
• The sports and entertainment segment is expected to register the highest growth rate over the forecast period. Increase in adoption of verified e-tickets procured from authentic apps on mobile devices helps lessen fraudulent activities and resale of tickets online or outside an event venue at inflated prices
• The growth of the Europe market is attributed to the thriving tourism industry, continuous innovations of these systems and their adoption in urban areas, and simplified technology ecosystem in the region. In U.K. for instance, the National Rail has incorporated a range of technologies such as platform and ticket validators at their train stations that enable the use of these systems
• smart ticketing market key players include CPI Card Group Inc.; Cubic Corporation; Confidex Ltd.; Gemalto NV; Giesecke & Devrient GmbH; Infineon Technologies AG; and NXP Semiconductors.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Web Real-Time Communication Market Future Growth & Trends

The global web real-time communication market size is estimated to reach USD 40.6 billion by 2027 growing at a CAGR of 43.4% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. Web real-time communication (WebRTC) enables real-time communication capabilities over browsers without having the need to install additional plugins. It supports browser-to-browser applications for video chat, voice calling, messaging, and file sharing. Amid the spread of COVID-19, several organizations have adopted work-from-home policies. There is a need to maintain operational efficiency while working from home, and online communication has become an essential tool for all organizations. The increasing demand for online communication is expected to drive the market in the near future.

The market is expected to witness substantial growth owing to the rising adoption of real-time communication solutions in mobile applications. Applications, such as Facebook Messenger and Snapchat, use the technology to power their video calling features. Furthermore, GSMA estimates that the number of mobile internet users will reach around 5 billion by 2025, which provides huge potential for market growth. The technology is cost-effective as it eliminates the need for installing additional plugins and has a low latency owing to the high transfer speed. For instance, at sub-500-millisecond latency, WebRTC offers one of the fastest methods for transferring video over the internet.

The market is fragmented, and competitive rivalry is high due to the presence of numerous key players. Market players are focusing on adopting various growth strategies, such as mergers, acquisitions, and regional expansions, to gain a competitive advantage. For instance, in September 2016, TWILIO INC. announced the acquisition of WebRTC technologies developed by the team behind the Kurento Open Source Project. The acquisition is expected to help the company address the need for more next-generation video applications, such as those involved in robotics, computer vision, augmented reality, and the Internet of Things (IoT).

Full Research Report On Web Real-Time Communication Market Visit Here: https://www.grandviewresearch.com/industry-analysis/web-real-time-communication-market

Web Real-Time Communication Market Report Highlights

• The solutions segment is projected to expand at a CAGR of over 40% from 2020 to 2027. This is attributed to the webification of communication
• Smartphones & tablets is projected to be the largest enabled device segment. Increased usage of smartphones for video conferencing and video calling is a major factor contributing to the segment share
• The healthcare segment is expected to register the fastest CAGR over the forecast period. The rising adoption of telehealth solutions that provide a remote connection between the patient and the clinician is anticipated to dive the segmental growth
• North America region held the largest market share of 41.13% in 2019. The large revenue share is attributed to the presence of several IT and Telecom giants in the region that need inter- and intra-organization communication on a daily basis

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Safety Helmet Market Future Growth & Latest Trends

The global safety helmet market size is expected to reach USD 2.7 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. Rising awareness among employees pertaining to the advantages of using safety helmets to avoid occupational hazards is expected to drive the market.

Introduction of stringent safety norms mandating the use of various Personal Protective Equipment (PPE) such as safety helmets, protective footwear, respirators, and gloves are expected to propel market growth. Furthermore, surging incidences of head injuries at workplaces is anticipated to augment product penetration across the end-use industries.

Changing consumer preference for the helmets that combines fashion and protection is likely to propel market growth in the European economies such as Germany, France, and the U.K. Furthermore, technological advancements in terms of additional product attributes such as a built-in torch, face shields, and ear protection are anticipated to augment market growth.

Increasing demand for different types of PPE in various application industries including manufacturing, construction, and mining is projected to positively impact the market over the coming years. Augmenting demand for industrial safety helmets coupled with technological advancement is anticipated to provide ample opportunities for the market.

Full Research Report On Safety Helmet Market Visit Here: https://www.grandviewresearch.com/industry-analysis/safety-helmet-market

Safety Helmet Market Report Highlights

• The demand for PE head protection is anticipated to witness a CAGR of 5.0% from 2020 to 2027, on account of the superior tensile strength offered by the material to the product that is exposed to various workplace accidents
• In North America, the market was valued at USD 617.5 million in 2019 on account of the increasing number of large-scale infrastructure investment projects in the U.S. coupled with growing employee awareness regarding personal protection
• The demand for type II hard hats is estimated to witness a growth of 5.4% in terms of revenue over the forecast period owing to the enhanced head protection offered to the workers operating in challenging environments
• The adoption of safety helmets in the construction industry is estimated to witness a CAGR of 5.2% from 2020 to 2027 owing to the propelling construction activities and infrastructural developments in Central and South America and Asia Pacific
• The key manufacturers in the market are engaged in partnering with other market players to gain a competitive advantage by catering to a larger customer base in various emerging economies.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

U.S. Digital Signage Market Worth $7.8 Billion By 2027

The U.S. digital signage market size is anticipated to reach USD 7.8 billion by 2027, according to a new report by Grand View Research, Inc., registering a 6.4% CAGR over the forecast period. The demand is expected to increase as advertisers, enterprises, and corporates are increasingly adopting this technology to promote and distribute content. Advancements in display technology are also likely to drive the market. Furthermore, increasing demand for digital signage solutions from industries such as healthcare, transportation, hospitality, and retail is likely to propel market growth over the forecast period.

The growing adoption of this technology is due to the increasing demand for advertising content with enhanced quality and better sharpness. Rising demand for 4K embedded digital displays can be attributed to an increase in the need for enhanced sharp images. Digital signage above 52 inches are poised to gain popularity over the forecast period as advertisers are increasingly preferring outdoor advertising.

Besides this, software providers are engaged in providing design solutions that are compatible with multiple operating systems to new entrants in the market. They are particularly offering cloud-based design solutions that can aid in managing advertising content displayed on digital signage.

The operational cost of companies is reduced by cutting down the use of paper for advertisements and deviating from traditional marketing activities. In addition, a combination of LED-backlit panels is resulting in substantial energy savings. A decrease in energy consumption owing to the adoption of enhanced technologies, which includes LED, is attracting enterprises to opt for digital signage.

West U.S. accounted for the largest share in the market in 2019 and is estimated to retain its lead through 2027. The Midwest region is projected to exhibit the highest growth rate during the forecast period owing to burgeoning sales of digital signage in multiple industry verticals across the region.

Some of the prominent companies operating in the market are Cisco Systems, Inc.; Intel Corporation; Microsoft Corporation; BrightSign, LLC; Keywest Technology, Inc.; Planar System Inc.; Scala, Inc.; and Hughes Network Systems LLC.

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Further key findings from the report suggest:

• On the basis of display technology, the LCD segment commanded the leading share in the market in 2019 owing to lower manufacturing cost and benefits associated with LCD technology
• The retail industry was the most prominent application segment in the U.S. digital signage market in 2019. It is estimated to retain its position through 2027, as there is high competition in the industry, which augments the need for an innovative advertising medium
• Based on display type, transparent LED screens are projected to exhibit the highest CAGR during the forecast period as a high level of transparency and resolution offered by them proves to be lucrative for advertisers
• By component, the hardware segment, which includes displays and media players, is anticipated to dominate the market throughout the forecast period as users remain keen on adopting different types of displays
• The out-store location segment is expected to witness considerable growth through 2027 owing to the growing adoption of digital signage in various outdoor applications
• The West region was the highest revenue-generating region in 2019 owing to the adoption of this technology across applications such as retail and hospitality. The region is home to the largest number of companies manufacturing electronic display products
• Prominent players in the U.S. market include Panasonic Corporation of North America; Cisco Systems, Inc.; Intel Corporation; Microsoft Corporation; and Planar System Inc.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Virtual Mirror Market Size Worth $17.09 Billion By 2025

The global virtual mirror market size is expected to reach USD 17.09 billion by 2025, registering a CAGR of 25.6% from 2019 to 2025, according to a new report by Grand View Research, Inc. These mirrors have helped turn the cumbersome process of shopping into an engaging activity as they incorporate interesting interactive features. Their features, shape, integration, and ease of use vary depending on the type of end-use industry. 

Retail stores are expected to benefit through the installation of such mirrors to a great extent, as the data pertaining to customer preferences and factors influencing buying decision are expected to provide crucial insights for developing marketing strategies. In automobiles, virtual windscreen and side/exterior mirrors are expected to provide a sleek frame design. This will allow users to access features such as zooming into the background for a wider view, as opposed to the traditional side mirrors. The hospitality sector too is now inclined toward using a virtual interactive mirror to display the services offered in hotels and for entertaining customers by playing videos.

Brick & mortar stores are expected to be the key adopters of such mirrors in their premises owing to the introduction of advanced technologies such as 3D AR/VR, 3D body scanning, and AI-equipped Virtual Fitting Room (VFR). The user-friendly interface that senses hand and face gestures allows customers to try out clothes virtually while browsing through the available collection in a store. Additionally, the compelling feature of the mirrors used in hotels, malls, lifts, and restaurants is expected to provide an impetus for their increased adoption in the hospitality vertical. North America has been an early adopter of virtual mirror solutions while Asia Pacific is expected to witness increased adoption of these smart mirrors in the automotive, retail, and hospitality verticals.

Full Research Report On Virtual Mirror Market Visit Here: https://www.grandviewresearch.com/industry-analysis/virtual-mirror-market

Further key findings from the report suggest:

• The virtual mirror market growth can be attributed to the increasing online shopping activities and the growing need for virtually checking clothes for a better fit to avoid returns
• Virtual mirrors are expected to support the retail sector in increasing customer base by accessing customer data for making informed strategic plans and launching new products
• In 2018, Europe accounted for a significant revenue share of the market owing to the presence of well-established fashion and hospitality verticals
• The others industry segment accounted for a revenue share of around 10% in 2018 owing to the use of advanced technology-based mirrors in the automotive & hospitality verticals
• The key players in the market include Astrafit; DigitalDM; Fitnect Interactive; International Business Machine Corporation; Metail Limited; MemoMi Labs Inc.; SenseMi; Virtooal; Zugara, Inc.; and 3D-A-Porter.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Customer Data Platform Market Growth & Trends

The global customer data platform market size is expected to reach USD 5.66 billion by 2025, registering a CAGR of 27.5% from 2019 to 2025, according to the new study conducted by Grand View Research, Inc. The growing demand for assimilating and storing unstructured and structured consumer data, automatically obtained from various media touchpoints, is driving the adoption of CDP among B2B and B2C marketers. Furthermore, the need to engage and improve customer lifecycle by comprehending the collected insights is also contributing to the growth of the market.

Currently, brands and marketers accumulate huge volumes of customer data in the form of demographic, behavioral, and transactional segments. The collected data points are either stored as databases by a different organization or by departments of the company. This poses challenges pertaining to data tracking and data redundancy. Furthermore, information gathering based on cross-platform and online activities for customer conversion and engagement also remains a challenge for marketers. These factors are driving the demand for a customer database platform, which can assimilate and store data points in a unified behavior.

Unified customer profiles enable marketers to enhance their marketing strategies and improve customer experience. Retail and consumer goods were the early adopters of customer data platforms and the adoption gradually increased among the financial services, travel, IT and Telecom, and healthcare verticals. The growing importance of first-party customer data and the rise in adoption of omnichannel media among marketers are the other factors contributing to the market growth. The addition of machine learning and AI technologies is expected to enable enterprises to easily select a list of profiles using predictive modeling and other tactical applications, further driving the customer data platform market growth.

The increasing number of CDP vendors, who are raising higher funds, is driving the market growth. In 2018, CDP vendors generated funds worth more than USD 1.5 billion and registered a growth by 48% in funding as compared to the previous year. As per the CDP Institute’s study, the industry witnessed an increase in the number of CDP vendors from 77 vendors in 2018 to 96 vendors in July 2019. These factors are expected to lead to considerable growth of the CDP market over the forecast period.

Full Research Report On Customer Data Platform Market Visit Here: https://www.grandviewresearch.com/industry-analysis/customer-data-platform-market

Customer Data Platform Market Report Highlights

• The analytics segment growth can be attributed to the high demand for automating segmentation lists and marketing & analysis of products using predictive modeling & machine learning technology-based models
• The retail application segment accounted for more than 28% of the market share 2018 owing to use of CDP to engage customers, improve customer loyalty, and enhance consumer experience
• The North American regional market accounted for the largest revenue share in 2018 and is anticipated to continue to dominate the CDP market over the forecast period
• The key industry participants include ActionIQ; Adobe; AgileOne; ENSIGHTEN; mParticle, Inc.; NGDATA, Inc.; Salesforce.com, Inc.; Segment.io, Inc.; and Tealium.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Increasing Volumes Of Data Generated By Internet-Of-Things (Iot) Devices Are Expected To Propel Application Container Market Growth

The global application container market size is expected to reach USD 8.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a 26.5% CAGR during the forecast period. Application containerization is used to deploy and run applications without launching separate Virtual Machines (VMs).

VMs and containers have similar resource allocation and isolation advantages; however, containers help virtualize the Operating System (OS) in place of hardware. These solutions are more portable and efficient as compared to VMs owing to the requirement of fewer operating systems and minimum space.

The application container market has also been gaining prominence as a result of increasing adoption of containerization technology, particularly in retail, healthcare, banking and finance, and telecommunication sectors. The banking, financial services, and insurance (BFSI) sector is one of the early adopters of this technology, which offers benefits such as administration ease and cost-effectiveness.

The Docker datacenter is implemented in the banking sector as it provides benefits such as platform portability, higher security and smooth workflow of data, and efficient usage of infrastructure. The BFSI sector has adopted the Docker platform due to the challenging environment of digital disruption, wherein the use of application containers enables improvements in software delivery capabilities.

Full Research Report On Application Container Market Visit Here: https://www.grandviewresearch.com/industry-analysis/application-container-market

Further key findings from the report suggest:

• The on-premise deployment segment is expected to exhibit a CAGR of around 25.0% over the forecast period
• The large enterprises segment dominated the market by organization size in 2018, a trend that is expected to continue through 2025
• By platform, the Docker segment was estimated at a value of over USD 700.0 million in 2018
• On the basis of service, the monitoring and security segment is projected to account for over 30.0% of the overall market revenue by 2025, which can be credited to the containers’ ability to prevent system breakdown by proactively identifying errors
• North America accounted for the largest revenue share in 2018 and is projected to remain the dominant region over the forecast period, which is primarily attributed to high degree implementation of cloud technologies by vendors in the region
• Prominent players in the application container market include Amazon Web Services, Inc.; Cisco Systems, Inc.; Google, Inc.; International Business Machines Corporation (IBM); and Red Hat, Inc.

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About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com