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The benefits of space technology on Earth

Some individuals are bewildered by the fact that the state spends so many resources and time designing spaceships and technology that will take the astronauts to orbit and allow them to conquer far-off worlds when we are still struggling to find solutions on the Earth. The state invests billions of dollars every year on space technology growth. Additionally, NASA alone has more than 20 billion dollars in its 2020 expenditure.  On the other hand, many citizens are not aware that developing the technology for space technology has also benefited the Earth in several areas, particularly in telecommunications, earth monitoring as well as economic progress.

The environmental change affects the atmosphere worldwide, thus causing extreme climate and storms, which are a growing risk to the survival of earthly life. Space satellites moreover have done well by just day-to-day weather forecasts. Likewise, space systems will save hundreds of people every year from severe weather. Before the development of satellites, national disaster events, such as 1900 Galveston, claimed 6,000 to 12,000 in the absence of detection devices to eradicate dangerous conditions. Also, the satellites were the first in the Antarctic to expose a massive gap in the ozone layer. 

Earth surveillance satellites track greenhouse emissions and several other environmental measures and enable the weather station to evaluate Earth’s ecological sustainability more accurately. For instance, space-adapted innovations such as GPS and solar microprocessor cells have decreased carbon pollution significantly. Location tracking reduces by close to 15% to 21% in the utilization of fuel onshore, ground, and the sky. Resultantly, PV solar technology that NASA included within its schemes like the space station for the first time has contributed to significant changes in solar power efficiency. 

The effect of environmental pollution is also affecting livestock, fishing, freshwater supplies, and forestation. Similarly, satellites enable the weather stations to locate, analyze, and recognize ecological hazards such as illegal deforestation, animal habitats, wildfires, and the mining industry. The more they track these occurrences, the more efficiently and reliably they can prevent possible calamities. Nevertheless, without these programs, humanity will have no means of scientifically evaluating and resolving global warming.

Space technology is an essential section of society’s development. When researchers study the universe further, the degree of creativity and discovery required must determine how humans deliberately incorporate these resources and adjust them to support the ground activities. While we’re on a long path to develop these innovations, humanity can utilize them for the advancement of the economy and the safety of the world. 

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Energy News

Shift Toward Renewable Energy Still Underway

The world recently caught unawares by the coronavirus pandemic. The virus has come to earn its novelty as one of the deadliest viruses to hit the human race. However, the virus is among one of the many problems facing humanity. The earth is still on a deteriorating state owing to years of environmental degradation, and while the virus takes center stage, tackling environmental conservation remains a significant problem 

The state of the earth’s climatic condition has been continuously worsening due to environmental degradation. While we move forward in technological advancements and pay attention to containing the virus, it is essential to accept that climate change is real. On a small scale basis, climate change affects us in several ways, including causing respiratory illnesses, making us prone to attacks from diseases like Covid19. Shifting from fossil fuels will save us not only from expenditure but also help preserve our planet 

According to data, Fossil fuel consumption generates 25% of the harmful emissions released into the atmosphere. This figure is not inclusive of the outputs produced by the manufacturing and transportation sectors. A summed total of emissions output from all three sectors constitute 60% of the total emissions, with manufacturing contributing 21% and transport making 14%. 

With these figures, the meet needs to shift from fossil fuels is evident. The good news, however, is that the move was underway before this announcement as the renewables continue the upgrade, their propensity to provide electricity on demand increases sufficiently. This outcome is due to an upcoming move to better versions of renewable tech capable of generating more power output from a small unit. As technological advancements improve, so will power output and our dependence on renewable sources of energy. 

It is not enough just to produce energy; storing excessive output is crucial. Of the total energy plants, 72% of new energy sources installed in 2019 represented renewable energy supplies. The prospect will receive backing up by additional investment that could generate returns of 800%. It is evident that the fossil fuel industry is a less profitable sector; more investors see its economies as toxic as its emissions. It never made more sense to reconstruct a country’s energy supply map that it is now. 

The move to renewables includes the countries in the developing world. Even important coal producers such as Australia are expecting considerable savings from declining renewable energy prices and forecasts. Coal dependant countries project a shift to solar and wind power by 2040. However, Norway plans for all its domestic flights to be electrified by 2040.

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News

New Chinese rocket landing marks step toward future manned lunar missions

A practical, fast reemergence and arriving on another Chinese rocket Friday denoted a stage toward the nation sending space explorers to the moon and deep space. The new shuttle was propelled by the principal Long March 5B substantial lift rocket Tuesday.

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News

Many coronavirus mutations are circling the globe, but we don’t know if any are more dangerous

The coronavirus is mutating as it spreads across the planet, with a strain that may first have appeared in Europe becoming dominant in many areas even as new ones appear. The still unanswered question is how the strains differ and whether they cause additional, and more severe, illnesses.

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News

Will your favorite restaurant reopen? More coronavirus relief sought for survival

Twelve years ago, chef extraordinaire Naomi Pomeroy opened Beast, a cozy, 26-seat fine-dining restaurant in Portland, Oregon, where she decides the menu for six-course dinners that rotate regularly. “A chef’s dream,” her peers call it.

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All News Coronavirus News

Deep Packet Inspection (DPI) Market 2020: Company Profiles, Global Segments, Landscape, Demand and Industry Trends by Forecast to 2023

Deep Packet Inspection Market Highlights:

Deep packet inspection can be explained as a solution that gives the competence for the consumers to look into the computer network packet past the basic header information. DPI wisely depicts the content of a specific packet, and then reports a definite data required for statistical objective or performs an action on the packet.

The worldwide deep packet inspection market is anticipated to experience a robust expansion during the review period. The deep packet inspection market is estimated to thrive at a CAGR of approximately 22% during the review period 2017 to 2023. Increased expansion opportunities in the developing economies and raised adoption of high-speed broadband services, increase in data production, increased demand for data security operations coupled with a constant object for giving effective services on ISPs is anticipated to affect the DPI market 2020.

Other factors such as rising importance of integrated embedded and DPI, utilization of technology in traffic filtering for regulatory compliance, rising need for optimizing and monetizing internet services and the increased importance of network security concerns are few other important elements anticipated to propel the DPI market.

On the basis of region, Deep Packet Inspection Market is segregated into Asia Pacific, Europe, North America, and the Rest of the World. In comparison to the other regions, the deep packet inspection market in North America is anticipated to experience a considerable expansion and acquire the maximum market share during the review period.

Government sectors, for instance, BFSI, demands efficient security rules due to the availability of confidential data. DPI assists in providing a considerable level of censorship surveillance and security. However, elements such as scarcity of knowledge about DPI along with privacy concerns and network neutrality are estimated to pose a challenge for the DPI market.

The crippling effect of the global COVID-19 pandemic has detained the growth potential of the Deep Packet Inspection Market. This MRFR report on the Deep Packet Inspection Market indicates critical pointers that may emerge as growth hubs in the future. Moreover, in-depth data analysis is estimated to offer a clearer growth perspective to market participants.

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Deep Packet Inspection Market Key Players:

Some of the crucial competitors in the worldwide deep packet inspection market are Cisco Systems, Inc.(U.S.), Symantec Corporation (U.S.), IBM (U.S.), HPE (U.S.), CA Technologies (U.S.) , Palo Alto Networks, Inc. (U.S.), Extreme Networks, Inc. (U.S.), Check Point Software Technologies Ltd. (Isreal),  Sandvine Incorporated (Canada), Huawei Technologies Co., Ltd. (China), Allot Communications (Israel),  SolarWinds Inc.(U.S.).

Deep Packet Inspection Market Segmentation:

The global deep packet inspection market is divided on the basis of organization size, service, application, and end-user.

  • On the basis of application, the market comprises of network performance management, data loss/leak prevention, and management intrusion prevention system (IPS), intrusion detection system (IDS).
  • On the basis of service, the market comprises of support and maintenance and integration, consulting, training.
  • On the basis of end-user vertical consists of Healthcare, telecommunication and IT Banking & Financial Services, and Insurance (BFSI), Government and Defense, Retail and others.

Deep Packet Inspection Regional Segmentation:

The North American market is anticipated to acquire the maximum market share across the world followed by the European market and APAC market. Canada and U.S are leading the North American region owing to technological advancements and existence of crucial competitors like Check Point Software Technologies Ltd. (Isreal), HPE (U.S.), Cisco Systems, Inc.(U.S.), Extreme Networks, Inc. (U.S.), Palo Alto Networks, Inc. (U.S.) have aided the market to expand at a faster speed.

APAC region is the fastest expanding market and elements such as large data generators due to factors such as increasing population, government’s implementation of favorable rules and regulations, key outsourcing service providers, and an increase in mobile computing are affecting the market in APAC region. The region is expected to experience a faster adoption at the highest CAGR during the review period. Factors like data generation from industry sectors such as healthcare, retail, BFSI.

Table of Contents

1        Executive Summary

2        Scope of the Report

2.1       Market Definition

2.2       Scope of the Study

2.2.1    Research Objectives

2.2.2    Assumptions & Limitations

2.3       Markets Structure

3        Market Research Methodology

3.1       Research Process

3.2       Secondary Research

3.3       Primary Research

3.4       Forecast Model

Continued…

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List of Tables 

Table 1 Global Deep Packet Inspection Market: By Region, 2017-2023

Table 2 North America Deep Packet Inspection Market: By Country, 2017-2023

Table 3 Europe Deep Packet Inspection Market: By Country, 2017-2023

Continued…

List of Figures

Figure 1global Deep Packet Inspection Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Five Forces Analysis Of Global Deep Packet Inspection Market

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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All News Coronavirus News

Digital Marketing Software (DMS) Market 2020 – 2025: Business Trends, Historical Study, Key Vendors Analysis, Import & Export, Revenue

Digital Marketing Software Market Synopsis:

Market Research Future (MRFR), in its recently published research report, asserts that the global digital marketing software market 2020 is booming and expected to grow exponentially over the review period, recording a substantial market valuation of USD 119.07 billion by 2025, and a healthy CAGR in the forecast period.

Social networking platforms like Facebook and Instagram, which provide a forum for reaching large numbers of customers and enriching their online experience, are among the biggest drivers of the market. Since the growing use of smartphones, it has become a platform for digital advertisement. India, China, and Brazil’s emerging economies are prime opportunities for successful expansion into the digital marketing software market. Increasing online shopping preference due to safe Internet access and the availability of affordable mobile options will drive market growth over the review period. The rise in digital marketing software adoption is due to the increase in organizations Digital Marketing Software Market, common social media channels and increased internet penetration.

The Digital Marketing Software Market is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on the Digital Marketing Software Market highlights the future prediction and the growth alternatives that can be created.

Major Key Players:

In addition, cloud solutions have also played a prominent role due to their advantages including minimum I.T. Investment, cost-effectiveness and easy access. The advent of disruptive technologies like big data, predictive analytics, and artificial intelligence (A.I.) will spur its development. But questions about data protection may present the market with a challenge.

Competitive Analysis.

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The key market players operating in the global market as identified by MRFR are H.P. Enterprise Development L.P (U.S.), Adobe Systems (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), IBM Corporation (U.S.), SAS Institute Inc. (U.S.), and Hubspot Inc. (U.S.).

Segmental Analysis:

Based on the type, the market is segmented into interaction systems, data & analytics systems, content production & management, and management & administration-oriented apps. Interaction systems accounted for a 43% market share in 2013 and were valued at USD 9.8 billion. This segment can witness a 19.7% CAGR over the forecast period to touch a size of USD 5.3 billion by 2025. On the other hand, the data & analytics system segment can exhibit the highest CAGR of 20.5% over the assessment period owing to data is a valuable asset in understanding consumer behavior.

Major market applications comprise BFSI, manufacturing, retail, high tech & I.T., media & entertainment, and others. The media & entertainment applications dominated the digital marketing software market, with a 27% share in 2013. It can touch USD 35.19 million by 2025. On the other hand, the retail segment can observe 21% CAGR over the forecast period to touch USD 35.68 billion by 2025.

Regional Overview:

The geographical overview of the global market has been analyzed in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world (Latin America, the Middle East, and Africa).

North America is poised to hold the largest share of the market in digital marketing applications, while Asia-Pacific is expected to rise at a significant pace over the forecast period. The category of interaction technology services led the market size of digital marketing applications in 2016, and is projected to continue this trend in the near future. The U.S. market for digital marketing software is to exhibit a 21.2% CAGR over the reivew period due to the adoption of digital marketing software in media & entertainment, retail and other vertical industries. Use personalized ads to meet individual needs will drive the regional market’s value to USD 28.8 million by 2025.

India can witness 31.7% CAGR over the review period, while China can register 27.6% CAGR during the review period. The advent of numerous social media platforms has made mobile advertising very lucrative. This has impelled the demand for digital marketing software in these regions.

Table of Content

  1. Report prologue
  2. Introduction

2.1 Definition

2.2 Scope of the study

2.2.1 Research objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market structure

Continued…

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List of Table

Table 1 Market Synopsis

Table 2 List of Assumptions

Table 3 Global Digital Marketing Software Market, By Type, 2013-2018 (Usd Million)

Table 4 Global Digital Marketing Software Market, By Type, 2019-2025 (Usd Million)

Table 5 Global Digital Marketing Software Market, By Application, 2013-2018 (Usd Million)

Continued….

List of Figure

Figure 1 Global Digital Marketing Software Market: Market Structure

Figure 2 Global Market Size & Market Share By Region/Country (2013 Vs 2025)

Figure 3 Top Down & Bottom up Approach

Figure 4 Dro Analysis of Global Digital Marketing Software Market

Figure 5 Social Media Platforms Business Value

Continued….

About Market Research Future:

At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

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All News Coronavirus News

Data Virtualization Market 2020 – 2023: Industry Segments, Emerging Technologies, Business Trends, Global Profit Growth and Regional Study

Data Virtualization Market Highlights:

Market Research Future (MRFR) expects the data virtualization market 2020 to touch around USD 278 billion by 2023-end. Between 2017 and 2023 (evaluation period), the market can advance at a rate of 15%, confirms MRFR. We will provide COVID-19 impact analysis with the report, offering detailed market developments following the coronavirus disease outbreak.

The COVID-19 outbreak has highlighted the significance of having access to real-time data across various industries. The pandemic has accelerated the need for data virtualization as it helps collect information from different data sources and allow the enterprises to reach sound decisions. There is no wastage of time as the companies are able to review the data in real-time, despite the ever-changing information. The lockdown along with the surge in death tolls, shut down businesses, and the economic uncertainty has only boosted the need for advanced technologies such as data virtualization.

Following the SARS-CoV-2, the healthcare sector has been actively using Data Virtualization Market to offer integrated patient information directly to emergency rooms to decide the apt treatment protocol. The information pertains to the patients’ recent latest visits, medications as well as test results. Hospitals are increasingly deploying data virtualization to gather real time data with respect to the novel coronavirus diagnoses, and also to decide the accurate logistics in order to curb the spread of COVID-19.

Governments are embracing data virtualization to offer information to the public with regard to the measures they are adopting to protect them from the disease. In a nutshell, data virtualization has been an important tool in the global response to SARS-CoV-2 by enhancing the efficiency of the response teams and providing them the upper hand over the pandemic. Moreover, the increase in partnerships and collaborations between leading firms can also induce further market growth.

For instance, in April 2020, Keyrus, in a bid to solidify its position in the data virtualization market, partnered with Denodo. This partnership can help Keyrus boost its commercial and technological development and help offer its customers better data performance.

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Major Key Players:

Some of the renowned firms in the data virtuliazation market are Denodo Technologies Inc (US), Informatica (US), IBM Corporation (US), Cisco systems (US), Microsoft corporation (US), Data Virtuality (Germany), Capsenta (US), Red Hat Software (US), Oracle Corporation (US), SAP SE (Germany), to mention a few.

Market Segmentation:

The Data Virtualization industry can be segmented depending on Data consumers, Vendors and End-user.

With respect to data consumers, the market has been considered for Mobile Enterprises, Application servers and Business Intelligence (BI). The mobile enterprises segment leads the worldwide market and is expanding at a rate of 5%. The key boosters can be the rising use of smartphones, the ability enhance real time data capture and the productivity level of organizations to be mobile ready.

The main vendors in the global market are specialized pure play vendors, large software vendors, supplementary technologies and service providers. Informatica, Denodo and Cisco are the top large software vendors in the market while Microsoft has expertise in data virtualization’s supplementary technologies.

Government, e-commerce, insurance, telecom, healthcare, manufacturing, media and retail are the key end-users studied in the report.

Regional Insight:

The data virtualization market size has been studied by MRFR experts, considering the main regions of Europe, North America, APAC/Asia Pacific along with RoW/ rest of the world.

Given its technological and financial superiority, North America is the global leader in the data virtualization market. A significant number of vendors in the United States and Canada offer cloud-based services and solutions to bring down the cost of managing the voluminous amount of data. Cloud-based data virtualization has captured the largest portion of the North American market. Software as a Service/SaaS and IoT are some of the other important trends gaining impetus in the market here.

The expanding banking and financial industry along with the rapidly advancing IT and telecommunication sector in Japan, India and China can have a huge impact on the APAC market. Also, the growing number of small and medium enterprises across the region and their rising focus on adopting data virtualization favors market expansion.

Table of Contents

1        Market Introduction 

1.1       Introduction

1.2       Scope of Study

1.2.1    Research objective

1.2.2    Assumptions

1.2.3    Limitations

1.3       Market Structure

2        Research Methodology

2.1       Research Data Virtualization

2.2       Primary Research

2.3       Secondary Research

2.4       Forecast Model

2.4.1    Market Data Collection, Analysis & Forecast

2.4.2    Market Size Estimation

Continued…

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List of Tables

Table 1 Data Virtualization Market, By Data Consumers

Table 2 Data Virtualization Market, By Vendors

Table 3 Data Virtualization Market, By End – User

Table 4 Data Virtualization Market, By Region

Table 5 North America Data Virtualization Market, By Data Consumers

Continued…

List of Figures

Figure 1 Research Methodology

Figure 2 Data Virtualization Market, By Data Consumers (%)

Figure 3 Data Virtualization Market, By Vendors (%)

Figure 4 Data Virtualization Market, By End User (%)

Figure 5 Data Virtualization Market, By Region (%)

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Email: [email protected]

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All News Coronavirus News

Signal Intelligence Market 2020-2023: Sales Revenue, Grow Pricing and Industry Growth Analysis, Global Segments and Business Trends

Signal Intelligence Market Synopsis:

Signal intelligence (SIGINT) accumulates intel from various sources such as foreign instrumentation, electronic intelligence, and communication intelligence. It is used in enhancing and fortifying the defenses in public places. The timely intelligence for making informed decisions by military commanders and national policy makers can drive the importance of SIGINT. The global signal intelligence market report by Market Research Future (MRFR) covers trends, opportunities, drivers, and challenges for the period of 2018 to 2023 (forecast period). The COVID-19 impact and its implications for the industry are duly noted in the report.

The Signal Intelligence Market is estimated to reach a market value of USD 15.81 billion by 2023 growing at a CAGR of 5.32% during the forecast period. It was valued at USD 11.85 billion in 2017. Rise of terrorist incidents and crime rates can compel the need for signal intelligence among nations. Increased government spending for enhancing military infrastructure and geopolitical tensions can bolster its demand significantly. Recently, the Chinese government launched 3 satellites into orbit for detecting ships by their radio transmission.

Development of artificial intelligence and deployment of drones with payloads are opportunities for the market. Rising adoption of drones for surveillance and policing by law enforcement agencies can drive the demand in signal intelligence. Drones with high altitude capacity are being deployed in Canada, France, and the U.S. In order to counter the use of drones, the Israeli government has implemented the use of Drone Dome, a system employing signal intelligence and radar for identifying their targets in congested areas and disabling them from far.

But high manufacturing costs of signal intelligence can impede market growth.

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Competitive Landscape:

SAAB, Rheinmetall, Elbit Systems, General Dynamics, Harris, Cobham, Mercury Systems, Rolta India, Lockheed Martin, BAE Systems, Israel Aerospace Industries, Thales, Raytheon, Systematic A/S, and Northrop Grumman are key players of the global signal intelligence market.

Segmentation:

  • By type, the market has been segmented into foreign instrumentation signal intelligence (FISINT), electronics intelligence, and communication intelligence.
  • By vertical, the market has been classified into naval, land-based, airborne, space, and others.

Regional Analysis:

At present, North America dominates the global signal intelligence market due to high investment and support by the government for the developments in the military & defense sector in the region. The increasing incidence of terrorist attacks, especially in the U.S., has developed the need for more advanced and secured intelligence solutions. The heavy military spending and military support for less privileged nations by the U.S. can drive the demand for signal intelligence solutions.

Europe was the second highest revenue generating market for signal intelligence in 2018 due to high adoption of signal intelligence in the military & defense sector in the region. With the help of signal intelligence, the European strategic intelligence and security centers can monitor and prevent regional threats such as terrorism, criminal activities, and social unrest. Furthermore, the German government is investing in expanding their signal intelligence structure, which is expected to fuel the market growth of signal intelligence in the country in the coming years. The use of satellites for gathering intel on important borders can bode well for the market.

Asia Pacific is projected to expand at a rapid CAGR during the forecast period. China is the leading country in this market as it has the most developed signal intelligence capabilities as compared to other nations in the region. In addition, South Korea and India can follow its lead during the forecast period and gaining access to devices that detect enemy transmissions. Rise of cellular standards, rise of communication traffic, and development of new computer bus standards that cater to a large range of radiofrequency spectrum can drive the regional market growth.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.3 Research objectives

2.4 Markets Structure

Continued…

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List of Tables

Table 1 Signals Intelligence Market, By Region, 2018–2023

Table 2 North America: Signals Intelligence Market, By Country, 2018–2023

Table 3 Europe: Signals Intelligence Market, By Country, 2018–2023

Continued…

List of Figures

Figure 1 The Global Signals Intelligence Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of The Global Signals Intelligence Market

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

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All News Coronavirus News

Intelligent Process Automation (IPA) Market 2020 – 2024: Business Trends, Size, COVID – 19 Analysis, Sales, Global Segments, Industry Profit Growth, Supply and Emerging Technologies

Intelligent Process Automation Market Highlights:

Intelligent process automation (IPA) combines robotic process automation with machine learning and artificial intelligence for automating processes. The use of next-generation tools for automating repetitive processes and push for lean management processes in industries can push the demand for IPA in the coming years.

The global intelligent process automation market report by Market Research Future (MRFR) considers preliminary and secondary research findings for making projections for the period of 2019 to 2024 (forecast period). The COVID-19 implications on the industry have been noted in the full report.

Market Scope:

The Intelligent Process Automation Market is expected to register a CAGR of 11.91% during the forecast period. It is expected to reach USD 14,392.4 million by 2024. The market was valued at USD 8,200.3 million in 2019.

The market is driven by the boom in digitalization and need to curb costs in production. Macroeconomic conditions and need for automated decision making can lead to the implementation of IPA in the coming years. The aim to improve profit margins in light of increasing competition and increase in volume of data to enhance business efficiency can drive the market demand. The leveraging of artificial intelligence and big data for optimization of processes can drive the global intelligent process automation market. Recently, The Trade Desk has launched a platform for digital advertising empowering buyers and assisting them in targeting the right demographics.

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Competitive Landscape:

Salesforce.com, Inc., Accelirate, Inc., Blue Prism Group, Open Text Corp., Dell EMC Corp., KOFAX INC., IBM Corporation, UiPath, Inc., SAP SE, WorkFusion, Pegasystems Inc., and others are key players of the global intelligent process automation systems market. Recently, Lab Tech, a provider of co-working serviced apartments has partnered with Roby.ai for implementation of IPA in its business model. This can lower administration costs while simultaneously catering to demand of clients with the help of virtual assistants. The aim of Lab Tech for expanding its application for billing, contract renewal, management, and other ad hoc tasks can bode well for the market.

Segmentation:

  • By data type, it is divided into structured and unstructured. The structured segment had a value of USD 6,056.2 million in 2018 and set to register a high CAGR during the forecast period. Structured data can be controlled and accessed with the assistance of relational database management system (RDBMS).
  • By component, it is bifurcated into solutions and services. The solutions component accounted for a larger market share in 2018 with a valuation of USD 4,825.8 million.
  • By deployment, it is segmented into on-premise and cloud.
  • By technology, it is segmented into cognitive technology, machine learning, and natural language processing.
  • By organization size, it is segmented into SMEs and large enterprises.
  • By vertical, it is segmented into food & beverage, BFSI, telecom & IT, public sector, healthcare, energy and utilities, media and entertainment, manufacturing, retail, and transportation and logistics. The BFSI vertical accounted for the largest market share in 2018 with a value of USD 2,862.5 million. IPA has been implemented banks and non-banking financial institutions for handling large data assets.

Regional Analysis:

The global intelligent process automation market, by region, has been segmented into Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).

North America accounted for the largest market value of USD 2624.6 million in 2018 and expects to register a CAGR of 10.83% during the forecast period. It is expected to dominate the global intelligent process automation market during the forecast period due to the established infrastructure for the research and development of advanced technologies. As a result, most of the key players in the market are continuously introducing innovative products to cater to the rising demand. The aim of integrating automation into usual processes can drive the demand for IPA in the coming years.

Table of Contents

1        Executive Summary

2        Scope of the Report

2.1       Market Definition

2.2       Scope of the Study

2.2.1    Research Objectives

2.2.2    Assumptions & Limitations

2.3       Markets Structure

3        Market Research Methodology

3.1       Research Process

3.2       Secondary Research

3.3       Primary Research

3.4       Forecast Model

Continued…..

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List of Tables

Table1 Global Intelligent Process Automation Market: By Country, 2018-2023

Table2 North America Intelligent Process Automation Market: By Country, 2018-2023

Table3 Europe Intelligent Process Automation Market: By Country, 2018-2023

Continued…..

List of Figures

Figure 1 Global Intelligent Process Automation Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of Global Intelligent Process Automation Market

Continued…..

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]