ATM Market Size, Current and Future Trends, Demand and Growth Rate

ATM market was valued at $20.58 billion in 2019, and is projected to reach $30.50 billion by 2027, growing at a CAGR of 5.2% from 2020 to 2027. Asia-Pacific dominates the market by contributing more than 35% share of the overall revenue, followed by North America.

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Surge in adoption of ATM devices for wireless communication, security, EMV migration, and cash recycling across the world propels the growth of the global ATM market. Moreover, retail houses, corporate instructions, and banking companies are globally adopting ATM devices for functions such as offsite, mobile site, and worksite, as these ATMs facilitate quicker and efficient services with flexible cash withdrawals and deposits This, in-turn, reduces the footfall in banks (for the purpose of cash withdrawal or deposits), enabling the bank staff to focus on core financial activities, thereby fuels the growth of ATM market.

Automated teller machines are convenient, reliable, secured, and allow consumers to perform quick, self-service transactions for everyday banking needs such as deposits and withdrawals to more complex transactions, including bill payments and transfers. Cash recycling is the major driving factor of the ATM market, as it ensures customers such as small businesses to withdraw or deposit large volume of cash, thereby saving bank’s times and reducing cost associated with cash in transit.

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Integration of mobile devices to ATM machines via smartphone apps help to secure financial transactions, which supports the market to grow. Advanced security features such as voice recognition, EMV adoption, and biometrics further aid in securing customer financial transactions, which boost the growth of the ATM market trends.

By deployment solution, the global ATM market was led by the offsite ATM segment in 2019, and is projected to maintain its dominance during the forecast period. The adoption of ATMs has increased in the offsite solution sector, as both public and private ATMs increase service network across various locations such as near airports, market places, railway stations, and general places to provide convenient and easy access to customers. However, the mobile ATMs segment is expected to grow at the highest rate during the forecast period, owing to the fact that mobile ATMs are easily deployed in various locations and aid in convenient cash dispensing.

On the basis of type, smart ATMs are expected to grow at high pace during the forecast period, due to introduction of latest technologies in ATM industry. For instance, apart from cash dispensing, smart ATM allow customers to deposit cash, transfer money between accounts, and even clear checks. Moreover, smart ATM has contactless NFC reader as well as EMV reader, which provide high security to card holder and communicate by smartphones.

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Region wise, the ATM market was dominated by Asia-Pacific in 2019, and is expected to retain its position during the forecast period. The major factors that drive the growth of the market in this region include surge in demand for ATM solutions from several developing countries such as the China, Japan, and India and increase in government support for adoption of advance technologies in the banking industry. However, LAMEA is expected to witness the highest growth, due to technological advancements, rise in cash usage, and different government mandates for use of ATM solution in the banking sector.

Key Findings of the Study:

On the basis of deployment solution, the mobile ATMs led the ATM market size, in terms of revenue in 2019.

By type, the smart ATM would attain the highest ATM market share in 2019.

Region wise, Asia-Pacific dominated the ATM market growth in 2019.

The key players profiled in the ATM market analysis are Diebold Nixdorf, Incorporated NCR Corporation, Euronet Worldwide Incorporation, Fujitsu Ltd, GRG Banking Equipment Co. Ltd., Hess Cash Systems GmbH, NHAUSA, NCR Corporation, Source Technologies, and Triton Systems of Delaware LLC. These key players have adopted various strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to increase their market penetration and strengthen their position in the industry.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Non-alcoholic Drinks Market Business Strategies, Technological Innovation, Trends & Top Players by 2031

The global non-alcoholic drinks marketwitnessed sudden downfall in the sales and distribution of soft drinks. Furthermore, the cancellation of international sports events such as Indian Premier League (IPL) 2020, Cricket World Cup 2020, Olympics, and other events has impacted the overall sales of beverages negatively. The market is expected to set back at its previous growth trend over the next couple of years. Consumers’ demand toward maintaining health & wellness and functional beverages has impacted the market. In addition, new compelling products with unique flavors and innovative packing by companies are expected to fuel the market growth. Furthermore, surge in disposable incomes in emerging economies has increased the adoption of non-alcoholic drinks. However, rise in awareness of obesity due to beverages with high-calorie sweeteners hinders the market growth. Apart from this, the introduction of tax on soft drinks has hampered the market growth.

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The players who operate in the global non-alcoholic drinksmarket have adopted various developmental strategies toincrease their market share, gain profitability, and remain competitive in the market. The key players operating in the non-alcoholic drinks market include- A.G. Barr, Dr. Pepper Snapple Group, DydoDrinco, Attitude Drinks, Co., Livewire Energy; Calcol, Inc., Danone, Nestlé S.A., PepsiCo, Inc., and the Coca-Cola Company.

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By price point, the demand for the premium and luxury drinks has rapidly increased owing to the rise in adoption of premiumization among the consumers. The consumers are increasingly spending on luxury products owing to the health benefits offered by the ingredients used such as low-sugar contents, sugar-free contents, and others.

Key Benefits of the Report:

  • The report provides a quantitative analysis onnon-alcoholic drinks market, market trends, estimations, and dynamics of the non-alcoholic drinksmarket size from 2020 to 2031 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and streng then their supplier–buyer network.
  • In-depth analysis, the market size, and segmentation assist to determine the prevailing non-alcoholic drinks market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the non-alcoholic drinks market.
  • The market player positioning analysis facilitates benchmarking and provides a clear understanding of the present position of the market players in the non-alcoholic drinksindustry.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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U.S. Enterprise Asset Management Market Size Reach to USD 4.39 Billion by 2030 | Top Players Such as -ABB, Infor & Ramco

Rise in demand to extend the life span of enterprise assets, huge demand for SaaS-based EAM solutions, increase in need to generate maximum economical return on the assets, and global acceleration of digital transformation in enterprises due to COVID-19 outbreak drive the growth of the U.S. enterprise asset management market. Based on component, the solution segment accounted for the major share in 2020. By industry vertical, on the other hand, the SME’s segment would exhibit the fastest CAGR throughout the forecast period.

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The U.S. enterprise asset management market is segmented on the basis of component, deployment type, organization size and industry vertical. By component, it is segmented into solution and service. By deployment type, it is bifurcated into on-premise and cloud. Based on organization size, the market is bifurcated into large enterprise and small & medium enterprises. Based on industry vertical, it is segregated into Energy & Utilities, Transportation and Logistics, Government, IT and Telecommunications, Manufacturing, Healthcare, Education, and others.

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Based on components, the solution segment accounted for around three-fifths of the total market share in 2020 and is anticipated to rule the roost by 2030. The services segment, however, would register the fastest CAGR of 12.3% during the forecast period.

Based on enterprise size, the large enterprise segment contributed to more than three-fifths of the total market revenue in 2020 and is expected to lead the trail by the end of 2030. The SME’s segment, on the other hand, would exhibit the fastest CAGR of 11.8% throughout the forecast period.

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Based on industry vertical, the energy and utilities segment accounted for around one-third of the total market revenue in 2020 and is anticipated to rule the roost by the end of 2030. The healthcare segment, simultaneously, would manifest the fastest CAGR of 14.8% during the forecast period.

The key market players analyzed in the U.S. enterprise asset management industry report include CGI, Infor, Inc., MRI Software, LLC, Oracle Corporation, Ramco Systems, International Business Machines Corporation (IBM), ABB Group, SAP SE, Schneider Electric, and IFS (Industrial & Financial Systems).

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Covid-19 Scenario-

● During the Covid-19 pandemic, the manufacturing and utility industries were hampered due to the non-maintenance of assets and were not able to operate efficiently; however, due to the adoption of EAM solutions, the effective management of assets as possible, and they were widely adopted. This, in turn, impacted the U.S. Enterprise Asset Management market positively.

● The companies were leveraging various advanced capabilities offered in intelligent asset performance management (APM) and enterprise asset management (EAM) systems during the pandemic.

● This trend is most likely to continue post-pandemic as well.

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Connected Mining Market Expected to Reach USD 32.63 Billion by 2031 | Top Players Such as – ABB, Siemens and Hexagon

Rise in internet of things (IoT), increase in investment in simulation technology have boosted the growth of the global connected mining market. However, dearth of skilled workforce and surge in operational cost along with productivity challenges hinder the market growth. On the contrary, increased inclination toward digitization to improve business operations and advent of 5G technology are expected to unlock lucrative opportunities in the future.

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The connected mining market is segmented into Component, Deployment Mode, Organization size, Mining Type and Application. By component, it is bifurcated into solution and services. On the basis of deployment mode, it is segregated into cloud and on-premise. By organization size, it is categorized into SMEs and large enterprises. Depending on mining type, it is segregated into surface and underground. By application, it is categorized into exploration, processing & refining and transportation. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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By component, the solution segment held the lion’s share in 2021, accounting for around two-thirds of the global connected mining market, due to adoption of connected mining provides numerous benefits such as, improve worker safety by tracking mine workers, monitoring entrances or exits, evacuation status, and receiving alerts. However, the services segment is projected to portray the highest CAGR of 14.6% during the forecast period, as connected mining service reduces IT-related complexities and maximizes the firm efficiency with the elimination of the manual process.

By development mode, the cloud segment is anticipated and is estimated to register the highest CAGR of 15.9% from 2022 to 2031, due to rise in adoption of cloud-based connected mining and low cost and easier maintenance. However, the on-premise segment held the lion’s share in 2021, contributing to more than half of the global connected mining market.

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By region, the global connected mining industry across Europe is anticipated to register the highest CAGR of 15.2% during the forecast period, due to high rate of adoption of technologies, such as operational analytics & data processing, remote monitoring, and mine safety systems and solution. However, the market across Asia-Pacific held the largest share in 2021, accounting for more than one-third of the market, owing to rapid technological advancements, digitization of economies, and government initiatives.

This report gives an in-depth profile of some key market players in the connected mining market, include ABB Ltd., Cisco Systems Inc., Hexagon AB, IBM Corporation, Rockwell Automation, SAP SE, Schneider Electric SE, Siemens, Trimble, Inc. This study includes market trends, market analysis, and future estimations to determine the imminent investment pockets.

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Covid-19 Scenario:

● The Covid-19 pandemic positively affected the demand for connected mining due to rapid adoption of emerging technologies such as industrial internet of things (IIoT), artificial intelligence-powered solution, cloud-based technologies, and big data.

● As connected mining support company in taking one step toward digitization, its demand increased during the pandemic.

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Automotive Carbon Wheels Market : Growth Opportunities and Development Strategies By 2030 | ESE Carbon, Ronal Group, Phoenix Wheel Company

According to a new report published by Allied Market Research, titled, “Automotive Carbon Wheels Market,” The automotive carbon wheels market was valued at $626.00 million in 2021, and is estimated to reach $1.5 billion by 2030, growing at a CAGR of 9.9% from 2022 to 2030.

Automotive carbon wheels are designed for use in high-performance vehicles such as sports cars and SUVs, where wheel strength, weight, and vibration dampening capabilities are critical. People’s disposable income has increased, increasing their purchasing power and increasing their preference for luxury items such as performance vehicles. Automobili Lamborghini S.p.A., a German performance car manufacturer, saw a 43% increase in sales in 2019 with a total of 8,205 units sold globally, up from 5,750 units sold the previous year. As a result, the global automotive carbon wheel market is being propelled by an increase in the sale of performance vehicles.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/12081

Automotive carbon wheels are also lightweight and strong wheels made of carbon fibre reinforced polymers. These wheels are commonly used to improve speed efficiency in luxury and premium vehicles. Rising premium and luxury vehicle ownership, as well as an increase in the number of Ultra-High and High Net Worth Individuals (HNWI), will drive industry growth. Furthermore, vehicle owners’ ongoing efforts to improve efficiency, performance, and aesthetic appeal will drive up demand for aftermarket automotive carbon wheels. As a result, all of these factors are expected to gain traction for automotive carbon wheels.

The global automotive carbon wheels market is segmented on the basis of vehicle type, distribution channel and region. By vehicle type, the market has been divided into passenger cars, commercial vehicles, and two-wheelers. By distribution channel, the analysis has been divided into OEM and aftermarket. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.  

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/automotive-carbon-wheels-market/purchase-options

Automotive Carbon Wheels Market, Automotive Carbon Wheels Industry

The key players profiled in this report include Carbon Revolution, Dymag Group Limited, ESE Carbon, ROTOBOX d.o.o., Litespeed Racing LLC, HITACHI METALS, LTD., Phoenix Wheel Company, Inc., Rolko Kohlgrüber GmbH, Thyssenkrupp AG, and Ronal Group.

The report focuses on the global automotive carbon wheels market. It further highlights numerous factors that influence the market growth, such as forecast, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for automotive carbon wheels in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 – https://www.alliedmarketresearch.com/purchase-enquiry/12081

IMPACT OF COVID-19 ON THE GLOBAL AUTOMOTIVE CARBON WHEELS MARKET

  • The Covid-19 impact on automotive carbon wheels market has been negative. The global reduction in automotive sales in 2020 due to the lockdowns and restrictions during the pandemic has drastically significantly impacted the sales of automotive carbon wheels globally.
  • During the pandemic, the disturbance in international supply chains for transportation of essential components that are utilized in automotive carbon wheels such as semiconductors has also impacted the global automotive carbon wheels market size.

Key Findings of the Study

  • On the basis of vehicle type, the passenger cars sub-segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
  • On the basis of distribution channel, the OEM sub-segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
  • On the basis of region, North America is projected to have the fastest growing market during the forecast period.   

Automotive Camera & Camera Module Market : Increasing Integration of Advanced Technologies for Enhanced Safety and Connectivity By 2028

According to a recent report published by Allied Market Research, titled, “Automotive Camera & Camera Module by Type, Application, Technology, Vehicle Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2028,” The global automotive camera & camera module market was valued at $ 7,048.1 Million in 2020, and is projected to reach 16,223.8 Million by 2028, registering a CAGR of 11.9% from 2021 to 2028.

In terms of revenue, North America leads the market, followed by Europe, Asia-Pacific, and LAMEA. The rise in demand for autonomous vehicles across North America fosters the growth of automotive camera & camera module in the North American region. U.S. dominated the automotive camera & camera module market share in 2020 and is expected to grow at a significant rate during the forecast period. Automotive cameras & camera modules are increasingly being used to enhance road safety in major North American economies. 

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/895

By technology, the automotive cameras & camera modules market is categorized into digital, thermal, and infrared. The digital segment accounted for the highest revenue in 2020, owing to the rise in government regulations mandating the installation of rearview camera in developed economies. Increased demand for added convenience such as low light visibility, pedestrian monitoring, and adaptive cruise control, in luxury vehicles segment has increased the adoption rate of infrared cameras by automotive manufacturers. 

By application, the automotive cameras & camera modules market is segregated into park assist and ADAS. In 2020, the park assist segment dominated the application segment, owing to cheaper cost and increased adoption of camera systems in the automotive industry. The rise in safety concerns in the automotive industry propels the growth of the ADAS segment. Moreover, the rise in demand for autonomous driving capabilities by the fleet owners also boosts the growth of the ADAS segment during the forecast timeframe.

Factors such as increase in demand for autonomous vehicles, rise in demand for safety application by automotive customers and government legislation and regulations mandating the installation of cameras in vehicles accelerate the growth of the automotive camera & camera module market. However, the fluctuating price of raw materials used in manufacturing automotive camera and software failures associated with automotive camera are the factors, which hamper the growth of the automotive camera & camera module market. Conversely, implementation of cameras as an alternative surround view system and increase in the number of traffic accidents are expected to provide lucrative opportunities for the expansion of the growth of the automotive camera & camera module market.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/automotive-camera-and-camera-module-market/purchase-options

Automotive-Camera-and-Camera-Module-Market-2021-2028

COVID-19 Impact Analysis 

  • COVID impact on the automotive camera & camera market is unpredictable and is expected to remain restricted till the second quarter of 2021. 
  • The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and made social distancing mandatory to contain the spread of the virus. Consequently, several organizations started work from home programs as safety measures. This led to sudden decrease in demand for automobiles across the world. 
  • Moreover, nationwide lockdowns disrupted the supply-chain as several manufacturing facilities across the globe had to partially or fully shut down their operations.
  • The adverse impacts of the COVID-19 pandemic resulted in huge supply-demand issues globally.

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Key Findings Of The Study

  • By type, the multi view system segment is expected to register a significant growth during the forecast period.
  • By duration of application, the ADAS segment is anticipated to exhibit significant growth in the near future.
  • By technology, the infrared segment is anticipated to exhibit significant growth in the near future
  • By vehicle type, the electric vehicle segment is anticipated to exhibit significant growth in the near future
  • By distribution channel, the OEM segment is anticipated to exhibit significant growth in the near future
  • By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Key players operating in the automotive camera & camera module market include Aptiv PLC, Veoneer Inc., Continental AG, DENSO Corporation, Ficosa Internacional SA, Magna International Inc., Intel Corporation, Robert Bosch GmbH, ZF Friedrichshafen AG, Hyundai Mobis Co., Ltd. and Valeo.

Contact Center Analytics Market Expected to Reach USD 8.1 Billion by 2031 | Top Players Such as-Nice, 8*8 Inc., Avaya and CallMiner

Rise in demand for advanced customer experience management drives the growth of the contact center analytics market. Based on deployment model, the on-premises segment contributed to the major share in 2021. By region, on the other hand, the market across Asia-Pacific would cite the fastest CAGR by 2031.

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The contact center analytics market is segmented into Component, Deployment Model and Industry Vertical. On the basis of component, the market is segmented into solution and services. On the basis of deployment, the Contact Center Analytics Market Analysis is segmented into cloud and on-premise. Depending on industry vertical, it is segregated into BFSI, healthcare, IT & telecom, retail and ecommerce, travel & hospitality, government & education, and others. Region- wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Based on component, the solution segment contributed to more than two-thirds of the total market revenue in 2021 and is projected to lead the trail by 2031. The services segment, moreover, would exhibit the highest CAGR of 22.0% during the forecast period.

Based on deployment model, the on-premises segment contributed to nearly three-fifths of the total market revenue each in 2021 and is projected to lead the trail by 2031. The cloud segment, on the other hand, would exhibit the fastest CAGR of 22.8% during the forecast period.

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Based on region, the market across North America held the major share in 2021, garnering nearly two-fifths of the global contact center analytics market. The Asia-Pacific region would manifest the fastest CAGR of 22.3% throughout the forecast period. The other provinces studied in the report include Europe and LAMEA.

The key market players analyzed in the global contact center analytics industry report include Cisco, Oracle, Genpact, SAP SE, Five 9, Talkdesk, Inc., Nice Ltd., 8*8 Inc., and Avaya Inc. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.

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COVID-19 Scenario:

● Surge in demand for contact centers from people seeking help to protect their assets by deferring their loan payments and preferring lower interest rates heightened the volume of calls registered by call centers, which impacted the global contact center analytics market positively.

● Rise in call volume accentuated the need for contact center analytics solutions to analyze customer data effectively. This trend is most likely to continue post pandemic as well.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 

About Us 

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts and have a wide experience of working with many Fortune 500 companies and small & medium enterprises. 

Contact: 

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Aerospace Artificial Intelligence Market : Technologies Enhance the Future Growth Potential Forecasts To 2028

According to a recent report published by Allied Market Research, titled, “aerospace artificial intelligence market by offering, technology, and application: global opportunity analysis and industry forecast, 2021–2028,” the global aerospace artificial intelligence market was valued at $373.6 million in 2020 and is projected to reach $5,826.1 million in 2028, registering a CAGR of 43.4%.

North America dominates the market, in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global aerospace artificial intelligence market share in 2020, owing to the increase in R&D activities, technological developments by big players, and the rapid adoption of AI technologies in aerospace sector. Asia-Pacific region is expected to grow at a significant rate during the forecast period, owing to rise in the adoption of AI across various countries in the region. With implementation of AI, airlines would be able to better analyze customer demands to offer personalized services. In addition, airlines can also offer custom-made entertainment recommendations or other services by gathering and making use of data from on-board entertainment systems or personal devices. Other benefits of implementing AI include highly accurate, instantaneous weather conditions and information about turbulence to lessen missed connections and delays. Launch of various AI-powered solutions by big players such as Boeing, Airbus, IBM, and Microsoft, increasing partnerships among different AI firms, and rising investments for implementation of AI are promising for the aerospace sector as they are expected to offer new revenue streams to aerospace companies and create and transform air operations. 

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/11702

By offering, the market is categorized into software, hardware, and services. The software segment accounted for the highest revenue in 2020, owing to high demand for different AI-powered software used across various aerospace applications such as smart maintenance, manufacturing, training, and flight operations, among others, by aerospace agencies globally. AI-based services offer convenience for enterprises to easily adopt AI across several operation domains. The rising popularity of AI services is expected to grow in the future.

By technology, the aerospace artificial intelligence market is segregated into machine learning, natural language processing, computer vision, and context awareness computing. The machine learning segment dominated the market in 2020, owing to high demand for machine learning based models utilized for several purposes such as predictive maintenance, air traffic control, and others. 

Increase in fuel efficiency by use of artificial intelligence (AI) and rise in use of AI to ensure safety at airports are expected to drive the global aerospace artificial intelligence market growth during the forecast period. However, stringent airline regulations and high cost of adoption of AI in aerospace is anticipated to hamper growth of the market during the forecast period. Moreover, use of AI to ensure operational efficiency and maintenance of airplanes is expected to offer growth opportunities for the market in the future.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/aerospace-artificial-intelligence-market/purchase-options

Global-Aerospace-Artificial-Intelligence-Market

COVID-19 Impact Analysis 

  • The COVID impact on the aerospace artificial intelligence (AI) market is unpredictable and is expected to remain in force till the second quarter of 2021. 
  • The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned domestic and international travel for most of the year 2020. This led to sudden fall in demand for air-travel and hampered adoption of artificial technology for aerospace applications across the globe. 
  • Moreover, nationwide lockdowns forced aerospace and AI related parts manufacturing facilities to partially or completely shut their operations.
  • Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of robust and innovative aerospace artificial intelligence solutions globally.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠- https://www.alliedmarketresearch.com/purchase-enquiry/11702

Key Findings Of The Study

  • By offering, the software segment is expected to register a significant growth during the forecast period.
  • By technology, the machine learning segment is anticipated to exhibit significant growth in the near future.
  • By application, the flight operations segment is projected to lead the global aerospace artificial intelligence market owing to higher CAGR as compared to smart maintenance and training segments.
  • By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Key players operating in the global aerospace artificial intelligence market include Airbus S.A.S., General Electric Company, Intel Corporation, International Business Machines Corporation (IBM), Iris Automation Inc., Microsoft Corporation, SITA, Spark Cognition, Thales Groups, and The Boeing Company.

Connected Motorcycles: Cruising Towards a $304.1 Million with a Roaring 39.6% CAGR By 2027

According to a recent report published by Allied Market Research, titled, “Connected Motorcycle Market by Connectivity Network, Connectivity Solution, Calling Service, Services, and Type: Opportunity Analysis and Industry Forecast, 2020–2027,” the global connected motorcycle market size was valued at $35.6 million in 2019, and is projected to reach $304.1 million by 2027, registering a CAGR of 39.6% from 2020 to 2027.

By region, Europe dominated the market, followed by North America, Asia-Pacific, and LAMEA in 2019. Germany dominated the Europe connected motorcycle market share in 2019, and Africa is anticipated to exhibit a remarkable growth during the forecast period.

Cellular connectivity in connected motorcycles offer various advantages and is the most effective way to ensure a reliable connectivity, low latency, and security. In addition, in coming days, 5G cellular technology is anticipated to become an integral part of connectivity and interoperability required for efficient function of these cellular networks. Moreover, technology companies are joining connected motorcycle consortium, collaboration between manufacturers, suppliers, and others, working together with a focus of making motorcycle a part of the future connected mobility. For instance, on April 26, 2018, Autotalks, a semiconductor company focused on development of vehicle-to-everything (V2X) communications, joined Connected Motorcycle Consortium. In addition, Autotalks launched 5.9 GHz band DSRC-based V2M solution in 2017, based on second-generation V2X chipset that allows motorcyclists to receive alert on road situations to avoid accidents.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/6787

Emergency call is a feature in connected motorcycle, which increases road safety for two-wheeler riders. The vehicle connectivity system in the motorcycle reports detected accidents and its location to emergency call centers automatically, which immediately informs emergency services. In addition, various producers of connected motorcycles provide emergency call feature in their vehicles, which enhances safety of riders while driving, and is anticipated to propel the market for the emergency call segment. For instance, in Germany, around 80% customers of BMW Motorrad go for motorcycles with eCall system while purchasing.

Breakdown call system can be defined as a service, which allows drivers to call and contact local road assistance in case of a vehicle breakdown. In addition, diagnostics data of motorcycles is sent to breakdown services so that all necessary information is received in advance, which enables roadside assistance mechanics team to prepare for the call-out. In addition, automobile manufactures operating in the connected motorcycle market are introducing new range of connectivity solutions, which, in turn, is anticipated to propel the market for the breakdown call segment. For instance, on June 22, 2020, Bosch, an automobile company introduced Help Connect, a smartphone-based emergency call solution for motorcycles, which allows breakdown call.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/connected-motorcycle-market/purchase-options

Automotive technology companies are introducing new range of connectivity technologies for connected motorcycles, which, in turn, is anticipated to propel the market in North America. For instance, in January 2019, Panasonic Automotive announced collaboration with Harley-Davidson for development of connected motorcycles by Harley-Davidson, named LiveWire. In addition, Panasonics’s connectivity platforms are used in this model, which makes Harley-Davidson first mass manufacturer of cellular-connected electric motorcycles. Moreover, on January 8, 2020, Damon, a motorcycle manufacture in Canada claims to have developed the world’s safest, smartest, and powerful electric motorbike with Damon’s ‘CoPilot’ tech, which is advanced warning system developed by BlackBerry QNX technology.

Growth in trend of connectivity solutions in vehicles propel growth of the connected motorcycle market. In addition, increase in safety features provided by connected motorcycles also fuel growth of the connected motorcycle market. However, threat of data hacking and lack of seamless and uniform connectivity infrastructure hinder the market growth. Conversely, incorporation of 5G connectivity to power connected mobility is anticipated to provide remunerative opportunities to key players for the market expansion.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠- https://www.alliedmarketresearch.com/purchase-enquiry/6787

Connected-Motorcycle-Market-2020-2027

COVID-19 impact analysis:

Automobile manufacturers with extensive supply chains are experiencing shortage of critical components and should consider working on alternate sourcing strategies. In addition, Tier-2 and Tier-3 suppliers are operating in automotive supply chain experience, owing to sever disruption in operations due to decrease in demand for automobiles.

Key Findings Of The Study

  • On the basis of connectivity network, the dedicated short-range communication segment is anticipated to exhibit a remarkable growth during the forecast period.
  • On the basis of connectivity solution, the integrated segment is the highest contributor to the global market, in terms of revenue.
  • On the basis of region, LAMEA is the fastest growing region, followed by Asia-Pacific, North America, and Europe.

The key players analyzed in this report are Aeris, Autotalks Ltd., BMW AG, Hero MotoCorp Ltd., Kawasaki Heavy Industries, Ltd., KTM AG (PIERER Mobility AG), Robert Bosch GmbH, Triumph Motorcycles, Yamaha Motor Co., Ltd., Zero Motorcycles, Inc., and others. 

IoT in Energy Market Share Expected to reach USD 703.52 billion by 2031 | Top Players Such as – HPE, Bosch and Schneider Electric

Surge in penetration of IoT-based solution in the energy sector and increased adoption of network technologies have boosted the growth of the global internet of things (IoT) in energy market. On the other hand, increase in adoption of IoT and AI in the energy industry and deployment of smart grid for energy optimization in commercial, household, and industrial buildings are expected to open lucrative opportunities in the future.  

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The IoT in energy market is segmented on the basis of component, network technology, organization size, application, and region. By component, it is bifurcated into solutions and services. On the basis of network technology, it is segregated into cellular network, satellite network and radio network. Depending on application, it is segregated into oil & gas, coal mining, smart grid and others. By organization size, it is categorized into small to medium enterprises (SMEs) and large-scale enterprises. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Based on component, the platform segment held the highest market share in 2022, accounting for nearly three-fifths of the AI in IoT market revenue and is estimated to maintain its leadership status throughout the forecast period. The increasing usage of internet devices generates a vast amount of data from connected devices, sensors, and other devices which has propelled the demand for AI in IoT platforms in several sectors. However, the service segment is projected to manifest the fastest CAGR of 29.5% from 2023 to 2032, as AI in IoT service helps to reduce the time and costs associated with optimizing systems in the initial phase of deployment.

Based on industry vertical, the manufacturing segment held the highest market share in 2022, accounting for nearly one-fourth of the AI in IoT market revenue and is estimated to maintain its leadership status throughout the forecast period. This is due to the fact that the adoption of AI in IoT tools has become an integral part of the manufacturing sector to sustain in the competitive market. However, the retail and e-commerce segment are projected to manifest the highest CAGR of 32.4% from 2023 to 2032. The growth in penetration of IoT devices in this sector is expected to provide lucrative opportunities for the market.

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Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the AI in IoT market revenue. The increase in the usage of AI in IoT solutions in businesses is anticipated to propel the growth of the market in this region. However, Asia-Pacific is expected to witness the fastest CAGR of 29.2% from 2023 to 2032 and is likely to enhance the market growth during the forecast period, owing to the increase in penetration of digitalization and higher adoption of cloud-based solutions.

This report gives an in-depth profile of some key market players in the IoT in energy market include HCL Technologies, Bosch, Cisco, Google Inc., Hewlett-Packard, IBM Corporation, Intel Corporation, Sap Se, and Schneider Electric. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which propel growth of the IoT in energy market globally.

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Covid-19 Scenario

● The COVID-19 pandemic has had a significant impact on the AI in IoT industry. While some sectors experienced challenges, others witnessed opportunities for growth and innovation. One of the positive impacts of the pandemic on the AI in IoT market was the increased demand for remote monitoring and automation solutions.

● In addition, the pandemic accelerated digital transformation initiatives across industries, further fueling the adoption of IoT solutions. As businesses looked to adapt to the changing landscape, they increasingly turned to IoT-enabled applications and services to optimize operations, improve supply chain resilience, and enhance customer experiences. This surge in IoT implementation created enhancements opportunities for AI in IoT platform providers, solution developers, and service providers.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 

About Us 

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts and have a wide experience of working with many Fortune 500 companies and small & medium enterprises. 

Contact: 

David Correa 

Portland, OR, United States 

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