Oman Fitness Services Market Outlook to 2022: Ken Research

The report titled, “Oman Fitness Services Market Outlook to 2022 - By Gym Membership and Personal Training, by Region (Al Batinah North, Al Batinah South, Ad Dakhiliyah, Dhofar and Muscat) , by Gender and by Membership Subscription (Annual, 6 months, 3 months, 1 month)” covers market size by organized and unorganized fitness service providers along with market segmentation by revenue stream (membership subscription and personal training), by market structure (organized and unorganized), by region (Muscat, Dhofar, Al Batinah North, Al Batinah South, Ad Dakhiliyah and others), by gender (male and female), and by membership subscription (12 months, 6 months, 3 months and 1 month) on the basis of revenue generated and number of centers. It also includes emerging growth drivers and trends, issues and challenges, customer pain points and decision making parameters, investment model, and competitive landscape of fitness centers chain including Horizon Fitness, Flex Fitness, Jasmine for Her, UFC Gym, Gold’s Gym and others The report also explores the Personal Training market and Yoga Service market as market snapshots, future outlook & projections along with analyst recommendation & macroeconomic variables highlighting the major opportunities & cautions to the reader.

The key target audience includes women fitness service centers, mixed fitness service centers, major fitness equipment manufacturers, investors, personal training certification institutes and standalone yoga centers.

Oman Fitness Services Market Growth

Oman fitness services market has witnessed a substantial growth in the past few years with a CAGR of close to 7% during 2012 to 2017. Rapidly rising obesity rate, heart problems, and increase in the consciousness about the personal health have propelled momentum to the market. Male and female population between 15 to 44 years has increased at a rate of more than 7% and 3% respectively during the review period. The number of fitness centres in Oman has increased with the expansion in the number of organized gyms and increase in the number of female specific fitness centers. Major contributing factors to the boost in revenue had been the addition of integrated fitness services such as, Yoga, Pilates and Swimming; provided under one roof, demand for personal training and others. Various macro economic factors have also contributed to the increase in demand. These include factors such as rise in total population, increase in obese population, increase in household consumption expenditure and GDP. All these factors have contributed to increasing the market for fitness services in Oman.

Market Segmentation

By Market Structure: The organized sector has contributed major share to the overall Oman Fitness Services market revenue. This sector includes two entities namely, mixed gyms and women’s gym, indulged in providing all kinds of fitness services including Yoga, Pilates, Aerobics, Zumba and Personal Training. Unorganized centers have also been able to make use of the opportunities and enter the fitness industry because it offer reasonably lower membership fee and are easier to set up.

By Region: Muscat has accounted for the highest proportion of fitness centers in Oman, mainly because of the urban and wealthy population that lives in this region. This set of audience usually prefers a healthy lifestyle and has the resources to spend on fitness services. It is followed by Dhofar, which is the largest governorate in Oman. Hence, major fitness centers place high preference to location around these two provinces. These regions are followed by Al Batinah North and Al Batinah South in 2017. Other regions include Ad Dakhiliyah, Ad Dhahirah, Al Buraymi, Ibri, Musandam, Khasab, Ash Sharqiyah South and Sur.

By Gender: Males have undoubtedly dominated the fitness service market. The market for fitness services had been majorly driven by the country’s male population. More than half of the total individuals who attended gyms in 2017 were males while the rest were females. The rationale behind this can be attributed to the societal norms associated with women in Oman. With conservative norms still in place especially for women in Middle Eastern countries, the proportion of women attending fitness services has been low. However, with the changing lifestyle, trends, mentality and health consciousness among the population, this scenario is gradually changing. The demand for female specific services and fitness centers has already started picking up and this trend is assumed to continue in the future.

By Membership Subscription: Membership packages offered for one year is the most preferred package and has contributed more than one third of the total memberships in the market in 2017 due to various reasons including tier pricing which makes the one year packages economical in relation to the other membership packages. Additionally, better offers, discounts and promotions offered by fitness centers on buying the long-term packages have attracted consumers in huge number.  The second most preferred package has been the three month package while 6 month package was least popular in 2017.

Competitive Analysis:

Competition Stage and Company Positioning: The number of fitness center chains operating in the organized market has been 15 with a total of 53 outlets. These provide gym services along with supplementary facilities such as Spa, Sauna, Swimming Pool, Showers, Lockers facility and others. Few of the major organized players include Horizon Fitness, Flex Fitness, Jasmine for Her, UFC Gym, Gold’s Gym, Sky Gym and others.

Future Projections:

Market Size: Oman Fitness Services market revenue has been anticipated to grow at a double digit CAGR during the forecast period (2017-2022E). Growth during this period is expected to be supported by the rising number of obese population, increasing demand for personal training, expanding geographical presence of major fitness centers, diversifying services portfolio and others. Increase in health awareness would supplement growth in the market. The future share of female population in the Oman fitness service revenue is expected to increase by the end of 2022E. The scenario is improving for females because of the changing lifestyle and norms. More female participation is expected owing to rising diseases and health concerns amongst women. Similarly, due to increase in demand the number of fitness centers in the organized sector is also expected to almost double by 2022E.

Key Segments Covered:-

Market Segmentation by Market Structure (Organized & Unorganized)

By Revenue Stream

By Membership subscription

By Region (Organizes & Unorganized)

By Gym Type (For Organized)

Market Segmentation By Gender (Male & Female)

Market Segmentation By Revenue Stream (Membership Subscription & Personal Training)

Market Segmentation By Membership Subscription (12 Months, 6 Months, 3 Months and 1 month)

Market Segmentation By Region (Al Batinah North, Al Batinah south, Ad Dakhiliyah, Dhofar and Muscat)

Key Target Audience:-

Women Fitness Service Centers

Mixed Fitness Service Centers

Major Fitness Equipment Manufacturers

Investors

Personal Training Certification Institutes

Standalone Yoga Centers

Time Period Captured in the Report:-

2012-2017 – Historical Period

2018-2022 – Future Forecast

Companies Covered:-

Oman Organized Fitness Services Providers: Flex Fitness, Horizon Fitness, JN Fitness, Gold's Gym, Elite Gym, Premedion Premium Club, The Wellness Center, Fitness Lounge, Knock Out  Gym, Fit Body, UFC Gym

Women’s Gym: Jasmine For Her, VivaFit, Sky Gym, Curves

Oman Unorganized Fitness Services Providers: Blue Dragon (Men Only Club), Marinas Fitness Center, Go Fit Gym, Champions  Gym, Ruwi  Gym, Yanqul  Gym, Extreme Fitness (Men Only), Blue City Gym (Men Only), Al Piroh Gym (Men Only), Oasis Health Club, Legend Crew Studio, Al Mardaf (Ladies club), Alpha Lounge, Wijdan Fitness, WeSee Fitness

 Key Topics Covered in the Report:-

Oman Fitness Services Market Introduction and Evolution

Oman Fitness Services Market Size and Segmentation

Emerging Trends and Growth Drivers in Oman Fitness Service Market

Issues and Challenges in Oman Fitness Services Market

Investment Model for Oman Fitness Services Market

Customer Pain Points and Decision Making Parameters

Snapshot On Personal Training and Yoga market In Oman

SWOT Analysis of Oman Fitness Service Market

Competitive Landscape of major Players in Oman Fitness Service Market

Oman Fitness Services Market Future Outlook and Projections, 2018E-2022E

Analyst Recommendations

Macroeconomic Factors in Oman Fitness Services market

For more information on the research report, refer to below link:-

https://www.kenresearch.com/healthcare/general-healthcare/oman-fitness-services-market/171306-91.html

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Landscape Of The Telecommunication In The Kenya Market Outlook: Ken Research

According to the report analysis, ‘Kenya: Country Intelligence Report’ states that some of the major companies which are currently functioning in this sector more significantly for acquiring the huge market share by dominating the demand of the potential users such as Safaricom, Telkom Kenya, Airtel Kenya, Lycamobile Kenya, Homeland Media and several others. Whereas, in 2018 the Safaricom will hold a majority 67.8% share of the while mobile subscriptions which led by the enlargement of the 4G/LTE network and 4G+/LTE-A network vis carrier aggregation. Moreover, report stated the expectation of rising competition to intensify further as all the operators are aiming on LTE expansion with a focus on mobile data services.

The telecommunication sector frequently effect the GDP of the respective economy and recent and advanced developments in this sector totally transform the look and infrastructure of the region more significantly. Whereas, in Kenya the telecom service revenue growth in Kenya over 2018-2023 will be operated by mobile data and fixed broadband sectors.  Not only has this, the key players of this region in this sector is playing a significant role by serving effective plans for the voice calling and usage of internet. In addition, the mobile voice will remain the highest revenue contributor till 2020, while the mobile data revenue will take over from 2021 operated by rising number of active mobile data users and rising consumer requirement for data-heavy mobile services such as OTT and social media. The government of this sector is also playing an effective role by doing potential investment in the research and development programs related to this. Furthermore, the government will focus on improvement of national fiber backbone while mobile operators will focus on serving data centric facilities and LTE network expansions. With the effective working of the key players and the government the sector of telecommunication in the country will grow more significantly in the coming years with the adoption of new facilities and offers by the users.

The key players of this market in Kenya is leading the effective growth more actively with the efficient working in the expansion of networks while, many of the key players are benefitted with the mergers and acquisition which further advantageous for acquiring the huge market share. Whereas, the overall telecom service revenue in Kenya will rise at a CAGR of 7% during 2018-2023 mobile revenue will register for 91.7% of the total telecom revenue in 2023, operated by rising adoption of mobile broadband and 4G facilities. Moreover, the 4G subscription will rise at the highest rate during 2018-202, led by ongoing 4G network enlargements by MNOs like Telkom Kenya.

The active working of the key players and government results the competitive nature in the market, the investor are effectively invested in the market for the significant benefits of the market in the Kenya. Therefore, it is expected that the telecommunication market of Kenya will grow more actively in the coming years over the decades with the effective investment of the new entrants.

To know more, click on the link below:

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/kenya-country-intelligence/154958-105.html

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Newer Technological Trends and Internet Penetration has Motivated Home Retailing in Hong Kong: Ken Research

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China industrialization has motivated more consumption, more tourists resulting in growth of the Hong Kong retail market. Hong Kong is a densely populated area with extensive networks of physical stores; however, the rate of internet penetration is high with more number of computer literates.  E-commerce in China continues to progress with the support of various electronic payment methods, increasing delivery options and a wide range of products. Physical store retailers invested heavily in pop-up stores such as temporary outlets in popular malls, famous tourist spots, or any areas without a prior presence to extend the brand and introduce signature products. This trend witnessed a drastic growth over the recent years within Hong Kong retailing market.

According to the study “Home Retailing in Hong Kong, Market Shares, Summary and Forecasts to 2022”, emerging markets, health awareness, and premiumization are the key factors driving the home retailing market in Hong Kong. Premiumization is the market strategy adopted by almost all homes retailers to try to get customers to buy more expensive products by presenting a proposition with a higher value by cross-selling and up-selling of the product. Increase in population of upper-middle-class consumers and the demand for premium products in all the retail segments has boosted the sales within the market. This trend has compelled vendors to sell their products with differential pricing strategy compared to similar products available in the unorganized segment.

The key vendors in Hong Kong home retailing are IKEA, JHC, Pricerite, ParknShop, Yota, Muji, Aeon, Lane Crawford, Sogo and Goods of Desire. China’s home retailing market is segmentation into various products such as food, beverage, apparel, footwear, home improvements, consumer electronics appliances, beauty, and personal care. Home retailing market in Hong Kong is highly competitive and fragmented due to the presence of international and domestic players. The market competition is expected to intensify with various innovative products that meet the changing consumer demands. The increasing health awareness and personal care will strengthen sales in the retail market coupled with rising Hong Kong tourism, social media influence, and e-commerce.

Introduction of online and omnichannel trade within home retailing in Hong Kong has motivated sales through retail stores, mobile stores, online stores, mobile app stores, and through the telephone. Omni-channel home retailing has the number of vendors, more vendors and all the products exhibit maximum visibility. Within the home retailing sector, drugstores, healthcare products, personal beauty products categories account for the highest share. It was estimated that a wide variety of brand, availability, and discounted prices are encouraging online sales within the Hong Kong home retailing market.

Industrialization, premiumization, increase in consumer’s spending limit, newer technological trends and establishment of more online and physical stores nationwide are prompting more sales within the home retailing category in China. 7-Eleven and Circle-K in Hong Kong have established international pure online retailers such as Taobao, ASOS and Zalora with the provision of easy pick-up and return services. It is too early to estimated drastic growth in Hong Kong home retailing market with the recovery of tourism. Increasing tourists in Hong Kong are the key pillars of the city's home retailing industry. However, the majority of the tourists consider Korea and Japan as their prime destinations where latest fashion and electronic gadgets flourish. All the home retailing products in Hong Kong are available online as well as in physical store which will witness a steady growth over the next few years.

To know more, click on the link below:-

https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/home-hong-kong-market-shares/157411-95.html

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Effective Landscape Of Telcos Vrar Market Outlook: Ken Research

According to the report analysis, ‘Telcos and Virtual and Augmented Reality (VRAR): Opportunities, Challenges and Winning Strategies’ states that some of the major companies which are currently functioning in this sector and improved the specifications for dominating the handsome amount of share by accomplishing the demand of the potential users includes AccuWeather, AOL, AT&T, Autoblog, Carnival Cruises, DirecTV, Engadget, Ericsson, Facebook, Google, HTC, Huffington Post, Inuitive, Jaunt, Leap Motion, Microsoft, Netflix, National Football League, National Soccer League, NextVR, Oculus, Orange, RYOT, Samsung, SK Telecom, Sony, TechCrunch, Time, Inc., Time Warner, Twentieth Century Fox, Valve, Verizon, Viaccess-Orca, Warner Brothers, Wevr, Yahoo and several others. Moreover, it analyses the strategic policies of the key leading network operators involving SK Telecom, Orange, AT&T and Verizon that are moving up to tackle the challenges related to the VRAR opportunity with partnerships, robust network strategies and acquisitions. The VRAR market improved the corner in 2016-2017 which was fueled majorly by an infusion of capital from the investors and leading tech companies.

The augment and virtual reality is gaining the effective attention and playing the operational role in the various industries. Both the technologies is having the extraordinary ability to modify the perceptions of the globe as the virtual reality is able to transpose the user and augmented reality is used to improve the natural environment and serve perceptually enriched capabilities. Moreover, the Telcos are becoming more interested in the potential of revenue streams which are connected to the augmented and virtual reality, since it is not only a vehicle for 5G monetization, for instance can also worth the growth opportunities in the connectivity and various service platforms. Therefore, in the recent trend the market has been grow more actively with the effective applications and the key players also playing significant role by innovating the latest applications in the technology of virtual and augmented reality which further will lead the market growth in the near future.

The technology of virtual and augmented reality reflects an opportunity for telcos to significant rise in their digital services imprint and enlarge new earning tributaries. Telcos are majorly interested in attaining the growth in the space and must be prepared to tackle the challenges which are directly connected to the ecosystem enablement, network readiness and collaboration in the near term.

Network readiness is the first feat for the modifiers which is to exhibit their network readiness to satisfy the phenomenal bandwidth requirements of VRAR experiences, meanwhile by meeting the latency and speed requirements.

The development of the VRAR ecosystem carries the growth opportunities for telcos in content, service platform and connectivity. As the service providers, telcos are distinctively positioned to create recurring revenue by offering VRAR stage services in content generation and distribution as well as analytics facilities and advertising. The key players are positioning themselves as ecosystem enablers and are doing major investments to proof-test the technology. Therefore, in the coming years it is expected that the market of telcos VRAR will grow more actively over the decades.  

To know more, click on the link below:

https://www.kenresearch.com/technology-and-telecom/it-and-ites/telcos-virtual-augmented-reality/156790-105.html

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Growing Landscape Of RFID (Radio-Frequency Identification) Technology In The Asia Pacific Agriculture Equipment Market Outlook: Ken Research

The RFID technology is playing an effective role in the Asia Pacific agriculture equipment market and with this technology the market is growing effectively with the more developed in the technology and rapidly growing in the population of the Asia Pacific region. The technology of RFID allowed sensors network have the capability to enhance the soil ecology by serving measurements of granulated temporal-spatial information on soil fertility. However, this technology has already been used for years in some sector of the agriculture market. Hog and pig farming, egg production centers, sheep and goat farming, beef steer ranching, equine facilities, and aquaculture are all the sectors of the agriculture market that sees many advantages from RFID applications. According to the report analysis, ‘Agriculture Equipment Market Share’ states that the effective applications of the RFID technology signify the significant growth to the Asia Pacific agriculture equipment market. Moreover, the key players of the Asia Pacific agriculture equipment market doing their job actively with the more advanced in the technology of RFID and make the market more attractive.

This technology is playing an effective role with the automated feeding, disease management of the animals and weighing, all with a simple tag, moreover to detecting the potential of lost animals. Moreover, the collection of data in the greenhouse is only possible with the specialized RFID tags which are prominently making for the humid and warm condition. In the Asia Pacific region, the leading players are working in an auspicious manner for developing the specifications of the technology due to which the region can acquire the highest amount of market share in the recent trend. This technology serves numerous opportunities for the innovations and development in the techniques of doing agriculture as with this technology the farmer can maintain the huge volumes of data which is impossible to manage and build the competitive market with the more innovations in the specifications. According to the report analysis, ‘Sale of Agriculture Equipment Market’ states that the wide usage of this technology increases the trustworthiness for the makers as this technology is used to detect food from field to the store or end users. The technology is majorly used for managing and creating records with the improved sensors by which anyone can detect the crop health also and track the food from one place to another.

The Asia Pacific region is accounted the handsome amount of share in the agriculture equipment market and this region is also doing significant investments in the projects related to this technology which enhances the effectiveness of this technology and on the commercial installation of the RFID technology. However, unsurprisingly, the government is also playing a significant role in the agriculture sector which supports the potential of the farmers and making policies for them by which the business cannot take the benefit of capabilities of the farmers in a wrong manner. The existence of government makes the market more effective and attractive. Therefore, in the coming years, it is expected that the agriculture equipment market of Asia Pacific region will grow more significantly over the decades with more development and innovation in the technology of RFID.

To Know More, Click On the link below:-

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/SC-104-19.html

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Growing Landscape Of Poland’s Telecommunication Market Outlook: Ken Research

The telecommunication and networking industry is playing significant role in the respective region as it show the dynamic landscape of the region and contributing more actively in the development of the economy. In Poland, the telecom services revenue growth over 2018-2023 will be operated by mobile data, pay-TV sector and fixed broadband. Whereas, with the significant usage of smart devices that mobile data will be the largest revenue-contributing sector over the period of 2019-2023. Whereas, the Poland’s market of telecom is one of the largest in Europe. Moreover, with the more technological development in the telecommunication, the market of telecom in Poland has been among the global leaders in the technology and further, with the more research and development programs for enhancing the specifications of the telecommunication technologies the Poland is going to attain the more handsome amount of share in the telecommunication market in the coming years.

According to the report analysis, ‘Poland: Country Intelligence Report’ states that some of the major companies which are currently functioning in this domain more actively for attaining the highest amount of share by doing more development and serving the potential buyer at a reasonable rate includes Orange Poland, Play (P4), Polkomtel (Plus), T-mobile Poland, Netia, Multimedia, UPC Poland, Vectra, Cyfrowy Polsat, NC+ and several others. However, Orange Poland and Play (P4) are the two major mobile operators, will register for 52.0% share of overall mobile subscriptions in 2018. The market is expecting the exclusive competition to intensify further as all the modifiers are aiming on the LTE-A network upgrades and serving data-centric facilities. Moreover, the key players are adopting the advanced technologies by which they are playing effective role in acquiring the highest amount of share across the globe. Not only has this, the players of telecommunication market in Poland is generating a competitive landscape by investing the other aspects of the market and introducing the effective strategies and planned policies.

In the country, the overall telecom services revenue will grow at a CAGR of 1.7% in terms of Zl (2.7% in USD) during the period of 2018-2023. Whereas, the mobile revenue will register for 65.5% of the telecom revenue in the near future which is majorly operated by the significant adoption of the mobile broadband and 4G facilities. Over the period of 2018-2023, 4G will be the most adopted technology and increasing the demand for the high-speed data facilities and nationwide 4G network enlargements and potential improvements will operate the subscriber growth. In future it is anticipated that 5G will be commercially available by 2023 which will further enhance the growth of this market more significantly.

The effective research and development in the telecommunication sector of the Poland will lead to high investment and serving the effective opportunities for both such as consumers and leading players. Moreover, the key companies are working in an auspicious manner which makes the market more competitive and welcoming the new entrants who are going to support the market more actively and make it more profitable and fruitful. Therefore, it is expected that in the coming years the market of telecommunication in the Poland will grow more significantly over the next coming years.

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https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/poland-country-intelligence-report/156791-105.html

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Increasing Demand For Pay-Tv In The Europe Market Outlook: Ken Research

The industry of media and entertainment is gaining more attention in the recent trend with the significant improvement in the technology and applications of the TV, Radio and Broadcasting category. Moreover, with the changing lifestyle and increase in disposable income has led to the market growth of the pay-TV facility across the globe. Whereas, the developed countries are dominating the major share of the pay-TV market while the developing countries are showing significant efforts in developing the applications of the pay-TV facility. Furthermore, the pay-TV market in Europe has the highest pay-TV penetration as compared to the other regions. In Europe, pay-TV registers several benefits from the broadband network development and enlargement to support the huge bandwidth and data-intensive traffic operated by video. With the growing landscape of the pay-TV in Europe, the European key players are working more actively by serving in an auspicious manner to the potential users for dominating the handsome amount of share not only in Europe but across the globe.

According to the report analysis, ‘Pay-TV Market Trends and Opportunity in Europe’ states that some of the major regions are currently functioning in this domain for acquiring the highest share in the market of pay-TV in Europe involves TIM Italy, Play Poland, MTS Russia, Sky, Netflix, Comcast, FOX, Deutsche Telekom, Discovery, Vodafone, UPC, Vivendi, Mediaset, Cableco Virgin Media, EWE, Liberty Global, Orange, Telefonica, Movistar, Russkoe Kino, France Television, TF1, M6, ProSiebenSat.1, ComHem, Virgin UK, ARD, ZDF and several others. Whereas, it is expected that Netflix and Orange are leading players and dominating the market more significantly with the effective working and by serving efficient facilities to the potential users of the pay-TV in Europe. Moreover, the report also provides a detailed description of the pay-TV market in Europe, penetration trends, service adoption by technology and looking at subscriber growth.

The key players are playing important in technology of network improvement and in removing the OTT threats. For instance, in Western Europe over 2018-2022, the revenue growth will be more than in Central Eastern Europe because of the higher content piracy usage and the growth in the OTT. Over the last few years, the European market has been witnessing subscriber growth as a result of broadband network development. Moreover, the growing demand for HD and 4K content, interactive pay-TV platforms and OTT video is driving pay-TV services provides to distribute effective investments to develop and enlarge their network arrangement.

Telcos have adopted in-house content advancement and vertical amalgamation strategies and policies for increasing the quality of the content and diversity and decrease costs. The significant competition forms the OTT service distributors is shifting pay-TV modifiers to transfer beyond the traditional linear pay-TV facility proposition. Moreover, the commercialization of the third part OTT video stages and the significant development of the user habits towards non-linear video have been moving operators to embrace the OTT landscape.  Furthermore, with the effective working of the key players it is expected that the market of pay-TV in Europe will grow more significantly over the coming years.

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Emergence Of Ai In Various Market Outlook: Ken Research

According to the report analysis, ‘Telco Digital AI Assistants & Chatbots: State of Play and Monetization Plans’ states that some of the major companies which are currently functioning in this domain for dominating the demand of the potential buyers and attaining the highest share across the globe involves Alibaba, Amazon, Apple, Baidu, Deutsche Telekom, Globe Philippines, Google, IBM, Kakao, KT, Kyivstar Ukraine, LG, Magic Leap, Microsoft, Nanosemantika, Naver, Orange, Servicefriend, SK Telecom, Softbank, Telefonica, Telegram, T-Mobile, Verizon, Viber, Vivo, Vodafone, Xiaomi and several others. Whereas, many of the education, furniture, agriculture industry are also taking the advantage of this technology by establishing it in the respective segments. Most telco digital assistant and chatbot deployment initiatives have initially aimed on the digital customer support and supplies. The digital assistants and Chabot’s are becoming significant capabilities to operating telcos’ customer journey digitization.

The industry of technology and telecom is gaining more attention with the more development in the technologies of telecommunications and networking category. Whereas, the Artificial intelligence is a reputed technology in the various aspects of the numerous industries. As it is an intelligence demonstrated by machines in the contrast to the natural intelligence demonstrated by humans and sometimes it is also known as machine intelligence. In its history, the artificial intelligence research has been split in to the subfields that often fail to connect with each other as the subfields are based on the social factors and technical considerations. With the effective development in this technology the various industries are adopting this technology and lead the market growth more actively. Whereas, many tools are used in AI, which drive the market growth around the globe in the recent trend such as artificial neural networks, search and mathematical optimization and methods based on statistics and several others.

The artificial intelligence has great abilities in the automation and decreasing the amount of time in administrative tasks. Recently, this technology powered the devices which enable of grading only objective answer sheets but as AI improved, it shall soon be able to assess subjective answer sheets as well. Hence, the introduction of this technology in the education industry has proved to be disruptive and observed an effective growth across the globe in the near future. For instance, the developed countries are dominating the effective share across the globe while the under developed countries are proving themselves more effective for accounting the handsome amount of share. Additionally, the artificial intelligence powered bots which have been established in Georgia Tech University, where bots reply to definite common and pre determined questions without knowing the user that they do not interacting with a human being.

The report also serves several of monetization choices that telcos have adopted and are planning to rollout for their digital assistant and Chabot abilities. The key players are also performing significant changes in the specification of the artificial technology for leading the market growth and investing the adoption of drivers for knowing the consumer behavior more effectively. Therefore, in the coming years, it is expected that the market of artificial intelligence technology will grow more significantly across the globe over the decades with the introduction of new applications in this technology and strategic development.

To know more, click on the link below:

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/telco-digital-ai-assistants/156789-105.html

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Georgia Insurance Market Outlook To 2022: Ken Research

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Georgia Insurance Market: - Georgia is a Eurasian country located to the East of Black Sea, bordering Turkey and Armenia to the South and Azerbaijan to the East. The country has a Mediterranean climate and is a tourist attraction for its historic attractions, cultural appeal, and countryside stay. However, it is one among the poorest countries in the Soviet Union, and pre-independence, many people living in the rural areas were unemployed and had very limited access to health care service, let alone insurance. After its independence from the Soviet Union, Georgia had to maintain a highly centralized, State-operated health care system. After several reforms, the health care system was decentralized and market-driven. The country has various health programmes to provide health care to all but it faces inequality in terms of accessibility to the rural areas.

In 2013, Universal Healthcare (UHC) program was launched to address the high costs in private healthcare in Georgia. Seeing potential and success, this program replaced the existing government healthcare programs. UHC provides basic health care coverage to the entire population.  The growth of healthcare in Georgia is immense due to many reasons. The increase in population, rising health awareness, growth of technology and private players, supportive governmental initiatives, growing awareness of the benefits of medical insurance and favorable demographics make Georgia a country with full potential for life insurance.

Ken Research’s The Insurance Industry in Georgia, Key Trends and Opportunities to 2022 gives a comprehensive overview of the Georgian economy and demographics and details on the competitive landscape in Georgia. The report gives a detailed analysis of the natural hazards in the market, distribution channels and the regulatory policy prevailing in Georgia. It offers a detailed analysis of the key segments in the Georgian insurance industry, with market forecasts to 2022. It covers an exhaustive list of parameters, including written premium and claims, analyses the various distribution channels in Georgia and profiles the top insurance companies in Georgia, and outlines the key regulations affecting them. The report will help in making strategic business decisions by analyzing demand-side dynamics, market trends, and growth. The report will be detrimental in identifying competitors and regulations governing the market and make sound decisions therein.  The key market players in Georgian insurance market are JSC Insurance Company GPI Holding, JSC Insurance Company Aldagi, JSC Insurance Company Imedi L, JSC Insurance Company Unison, JSC Insurance Company Ardi Insurance, JSC TBC Insurance, JSC Insurance PSP, JSC International Insurance Company IRAO, JSC Insurance Company IC Group and JSC Insurance Company ALPHA.

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https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/insurance-industry-georgia/156685-93.html

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Ankur Gupta, Head Marketing & Communications

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Growing Landscape Of Clothing And Footwear Retailing In Belgium Market Outlook: Ken Research

In the present era, the clothing and footwear retailing in Belgium is rising more enormously as exclusive cloths and footwear is signify the status of a customer which significantly increase the demand, requirements and sales of both the products in an auspicious manner. The key players are introducing new and advanced technologies for producing these products with the more attractiveness and at a reasonable price which further lead the demand and rise the supply of the product.Moreover, significant increase in the disposable income and modernization make the market more competitive and fruitful which lead to effective and positive growth in the retailing of clothing and footwear. With the surge in supply and demand the market is become more effective as the existing key players are promoting their business premises at an online platform by offering the huge variety of goods across the globe and proved a trustworthy platform for gaining the handsome amount share around the world. Meanwhile the young youth is become more conscious with their clothing sense and footwear which further fueled the market more effectively.

According to the report analysis, ‘Clothing & Footwear Retailing In Belgium, Market Shares, Summary And Forecasts To 2022’states that some of the major companies which are performing in this domain in an auspicious manner for achieving the highest market share by enlarging their business premises includes Esprit, H&M, Zara, JBC, C&A, GaleriaInno, Torfs, Zeeman, A.S. Adventure, Primark, and several others. Whereas, it is expected that Zara and H&M produced the fastest growth in the recent trend, supported by growing store count. Not only has this, the report also offers detailed and comprehensive information which is associated with the retailers in clothing and footwear category group with the huge market insights which is directly depend on the consumer trends and changing tastes, more technology innovations, macroeconomic factors, changing economic and demographic factors. Meanwhile, the Belgium retail market is anticipated to increase at a CAGR of 2.7% during 2017-2022 whereas, the sales are projected to increase in an effective manner in the coming trend.

The increasing employment and wages in the country drive the sales of the sector through 2022 and the womens wear is the largest sector within the clothing. Undoubtedly, the e-commerce platform ensure the retailer for enlarging their business premises around the globe and can be maintained while sitting at a particular place hence, the online produces the fastest growth whereas, the specialists retailers cede ground to online channel. As online penetration doubles the online sales are set to triple during 2017-2022. With the growing online demand the market of this is growing more significantly and key players are be able to attain the highest growth more effectively. Whereas, the clothing is the highest and the fastest-rising category in the sector while, the retailers are using new formats and propositions to operate supplies.

The major companies are analyzing to dominate the sector of the clothing and footwear market and analyzing the present behavior of customers for knowing the best opportunities which are very much profitable for both the key players and consumer. Therefore, in the coming years it is expected that the clothing and footwear retailing in Belgium will grow more significantly over the recent few years with the effective strategies and policies of the key players.

To know more, click on the link below:-

https://www.kenresearch.com/consumer-products-and-retail/textile-apparel-and-footwear/clothing-footwear-belgium/157382-95.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249