Rising Technological Advancements Followed by Proliferation in Data Generation to Drive Machine Learning Market: Ken Research

Machine Learning is a fragment of Artificial Intelligence (AI) that allows computers to learn without existence detailed programmed. It’s primarily emphasis on the development of the computers programs that can be switch when visible to new data. It provides multiple uses concerning with safety & security for instance face recognition, face detection, image classification, antivirus, anti spam, speech recognition, signal diagnosing and genetic. It is can also be defined by many algorithms such as supervised learning, unsupervised learning, semi-supervised learning and reinforcement learning. The algorithms use various methods and techniques such as sparse dictionary learning, feature learning, anomaly detection and association rules to improve their performance.

According to study, “Global Machine Learning Market (2018-2023)” some of the major companies that are currently working in the global machine learning market are Microsoft Corp., IBM Watson, Facebook, Fair Isaac Corp., SAS Institute Inc., Amazon Web Services Inc., Hewlett Packard Enterprise Development LP, Pindrop Inc., H2O.ai Inc., Apple Inc., Bigml Inc., Cisco Inc., TwitterInc, SAP SE, Baidu Inc.,Qubit Inc., Luminoso, Nuance Communications, Wipro Inc., Google Inc.,Uber, Intel Corp.

On the basis of components, the global machine learning market is segmented into cloud,software tools, and web-based application programming interfaces (APIs). Based on the services market is segmented into professional services & managed services. Based on organization size, the market is segmented into small & medium enterprises (SMEs) and large enterprises. Additionally, on the basis of software, the market is segmented into NeuroSolutions, LIONsolver, Oracle Data Mining, SequenceL, SAP Leonardo Machine Learning, CNTK, Mallet, Deep learning etc.

On the basis of application market is segmented into banking, financial services and insurance (BFSI), healthcare& life sciences, retail, telecommunication, automotive, energy & utilities and government& defense. BFSI is further classified into digital assistance, sales & marketing campaign management, customer segmentation, sales & marketing campaign management, investment prediction and fraud & risk management etc. Healthcare & life sciences is sub-segmented into image analytics, drug discovery or manufacturing, disease identification & diagnosis and personalized treatment. Retail includes upsells & cross channel marketing, inventory planning, segmentation & targeting and recommendation engines etc. Telecommunication segment is sub-segmented into network security, customer analytics and network optimization etc. Energy & utilities includes carbon emission, power or energy usage analytics, smart grid management and seismic data processing.

Some of the key benefits are continuous improvements, data mining, and automation of tasks, competencies to handle multi-dimensional & multi-variety data and efficient utilization of resources. However market is also impacted by some of the drawbacks such as acquisition of relevant data and interpretation of results.

The market of machine learning is generally driven by rising technological advancements followed by proliferation in data generation, efficient operations & improves sales revenue, rising demand for superior custom services and availability of massive amount of data. Apart from advantages, some of the key challenges are data security, lack of cloud infrastructure, rising concerns regarding data security & governance, lack of skilled employees and ethical implication of algorithms deployed etc. In addition, some of the rising new opportunities are increase in the adoption of modern applications and increasing demand for intelligent business processes.

It is expected that the global machine learning market to reach at US$ 23.4 billion, by 2023. In upcoming years, it is predicted that the market to grow fast pace owing to increasing adoption of robotic process automation.

To know more, click on the link below:-

https://www.kenresearch.com/technology-and-telecom/it-and-ites/global-machine-learning/172737-105.html

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UAE Furniture Market is driven by Surge in Domestic and International Tourism, Growth in Commercial Establishments and Intense Competition from Different Format Stores: Ken Research

Rising number of furniture manufacturers & retail outlets, residential construction & housing activity and increasing awareness among customers about the latest designs and trends has driven the growth of furniture in the country.

Emergence of International Players: The growing demand for furniture by residential, commercial and industrial sector in UAE has invited many foreign players to sell their products in the domestic markets of UAE. The UAE furniture industry saw the entry of Swedish furniture giant, IKEA in 1991, which has grown substantially in the last few decades and has established a name for affordable high street furniture

Increasing Competition among Furniture Manufacturers and Retailers: The furniture market of the UAE region is highly competitive owing to the rising demand of furniture and furnishing products. This rise in demand has led to the growing domestic demand and emergence of multiple players catering to the same target audience in the space. Manufacturers and retailers operating in the region compete on almost same grounds of quality of the product and the material used to manufacture the product. New entrants into the market find it hard to compete with established companies in terms of matching the quality offered by established firms at cheap prices due to their continuous operations, which has led to economies of scale.

Demand for Furnishing Products: The demand for barbeques and garden sheds saw an increase due to the rise in barbeque restaurants and the ability of charcoal barbeques to produce flavorful and better results than gas barbeques. The replacement time period for furniture products on an average is of twelve months, owing to which there is also an increase in demand for furnishing products.

Players in Commercial Furniture: The organized furniture sector which entails players like IKEA, PAN Emirates, Royal Furniture and others have not been able to dominate the commercial furniture segment. This segment is dominated by individual furniture retailers who specialize in manufacture and retail of commercial furniture products. SAGTCO, Highmoon Office Furniture, BAFCO, Al Hawai Office Furniture are some of the major players which operates in the commercial furniture market.

Analysts at Ken Research in their latest publication “UAE Home Furniture and Furnishing Market Outlook to 2022 – By Living Room Furniture (Sofa, Sofa Cum bed, Other Sitting Furniture, Coffee Tables, Others), Bedroom Furniture (Bed, Mattresses, Wardrobes, Chest of Drawers), Dining Room, Home Office, Kitchen Furniture and Furnishing (Home Textile, Window Covering, Barbeques, Lightning Products)” suggests that furniture manufacturers and retailers should focus on Multi-Purpose Furniture so that they can utilize the entire apartment space and also curtail on the expenses of purchasing additional furniture items. Online furniture on rent, gently used, factory seconds furniture e-commerce portals are great business model opportunities in the country.

Key Segments Covered

Furniture and Furnishing

·         Organized Sector

·         Unorganized Sector

End Users

·         Residential Furniture

·         Commercial Furniture

·         Retail Furniture

By Emirates

·         Dubai

·         Abu Dhabi

·         Sharjah

Furniture

·         Indoor (Bedroom, Dining Room, Living Room, Kitchen)

·         Outdoor

Furnishings

·         Home Textiles

·         Window Coverings

·         Barbeques

·         Lightning Sources

·         Fittings

Key Target Audience

·         Furniture Retailers

·         Furnishings Retailers

·         Private Equity Companies

·         Contract Furniture Manufacturers

·         Furniture Association

Time Period Captured in the Report

·         Historical Period: 2012-2017

·         Forecast Period: 2018-2022

Companies Covered

Offline and Online Furniture Companies

·         IKEA

·         Home Centre

·         PAN Emirates

·         Royal Furniture

·         Danube

·         Marina Home

·         Homes R Us

·         IDdesign

·         Pottery Barn

·         Home Box

·         Natuzzi

Online Furniture Companies

·         Ebarza

·         The People of Sand

·         MarMarLand

·         The Bowery Company

·         Wysada

Key Topics Covered in the Report

·         UAE Furniture Market

·         UAE Furnishing Market

·         Sofa Sales in UAE

·         Bed Market UAE

·         Wardrobe Sales in UAE

·         Challenges in Value Chain Analysis

·         UAE Bedroom Furniture Market

·         UAE Living Room Furniture Market

·         UAE Dining Room Furniture Market

·         UAE Storage & Other Furniture Market

·         UAE Furniture Market Segmentation By Emirates

·         Case Study to set up Hotel Furniture in UAE

·         UAE Modular Kitchen Market Competition Scenario

·         UAE Online Furniture Market Size

·         Business Model UAE Online Furniture Market

·         UAE Home Textiles

·         UAE Living Room Textiles

·         UAE Window Coverings

·         UAE Barbeque Market

·         UAE Furniture Import Trade Scenario

·         UAE Furniture Export Trade Scenario

·         Trends and Developments UAE Furniture

·         UAE Furniture Market Competition Scenario

·         Decision Buying Parameters UAE Furniture

·         UAE Furniture Future

·         Analyst Recommendation UAE Furniture

For more information about the publication, refer to below link:

https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/uae-home-furniture-furnishing-market/175028-95.html

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https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/ksa-home-furniture-market/142278-95.html

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Growing Use of Web Based User Interfaces, Standardization of Web Page Technologies to Drive Software-as-a-Service (SaaS) Market: Ken Research

Software as a service (SaaS) is a software delivery model, also known as on-demand software or web based software. It includes software and its related data that are accommodated centrally & accessed via client which is generally a web browser over the internet. SaaS has many components such as infrastructure as a service, anti-virus, software layer, server deployment, patching, managed operating system and server monitoring etc. Hotmail, Gmail and Mikogo are some of the examples of SaaS. The key characteristics associated are open integration protocols, accelerated feature delivery, better access, easy customization & configuration, collaborative functionality, operational performance and multitenant architecture.

According to study, “Global Software-as-a-Service (SaaS) Market (2018-2023)” some of the major companies that are currently working in the global Software-as-a-Service (SaaS) market are Symantec Corporation, Netsuite Inc., CISCO Systems Inc., Automatic Data Processing (ADP) LLC, Intuit Inc., Service Now, Oracle Corporation, IBM Corporation, Anaplan Inc., Okta Inc., Host Analytics Inc., Concur Technologies, Fujitsu Ltd., Microsoft Corporation, Workday Inc., Workwise Inc., Citrix Systems Inc., The Sage Group Inc., Infor Inc., Adobe Systems Inc., Zendesk Inc., Amazon.com Inc., Salesforce.com Inc., HP, SAP SE, Google Inc. These companies provide endless marketing, maintenance and sales services to the customers. In the upcoming years, all these key players are trying to service the hybrid cloud model.

On the basis of deployment model, the software as a service market is segmented into private cloud, public cloud and hybrid cloud. On the basis of vertical, the market is segmented into information technology (IT) & telecommunication, travel, education, banking financial services and insurance (BFSI), retail, hospitality, discrete manufacturing, utilities (oil and gas, energy and power, water management) healthcare and others. On the basis of the software, market is segmented into payroll software, service desk management, database management software, computer designing software, virtualization software, development software, messaging software, collaboration software, talent acquisition accounting and antivirus software and invoicing software etc. On the basis of tools, the market is segmented into qTest, PractiTest and QMetry and many others.

On the basis of application, the market is segmented into customer relationship management (CRM), supply chain management (SCM), enterprise resource planning (ERP) and human resource management (HRM) and others (web conferencing platforms). In addition, on the basis of organization market is segmented into large enterprises and small & medium enterprises (SMEs).

Some of the key advantages are rapid scalability, automatic update, high bandwidth network, fewer up-front costs, faster implementation, accessibility & persistence, improve availability, system maintenance (updates, security and backup), easy to use, accessible from anywhere (with an internet connection) and vendor accountability. Some of the drawbacks associated are reliability, performance, security, privacy, robustness and compliance.

The market of SaaS is generally compelled by increasing penetration of broadband internet access. Some of the other driving factors are the increasing popularity of web development as a practice, growing use of web based user interfaces, standardization of web page technologies (Java Script, HTML and CSS), rising web application frameworks (PHP) and wide acceptance of lightweight integration protocols (SOAP & REST). However the market is also impacted by factors such as lack of integration, data security issues and the need of constant & high speed internet connectivity etc.

North America holds the largest market share of SaaS market in world owing to the wide use of SaaS-based solutions for instance office suites, human capital management (HCM), emails and web conferencing. Additionally Asia-Pacific is the second largest market and it is expected that the SaaS market to grow at a CAGR of 21.2 % over the forecast period.

To know more, click on the link below:-

https://www.kenresearch.com/technology-and-telecom/it-and-ites/global-software-as/172743-105.html

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Modernization of Healthcare Infrastructure, Followed by Growing Disposable Income to Support Conjugate Vaccine Market in European Region: Ken Research

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Conjugate vaccines are manufactured by linking an antigen to a protein molecule. It comprises of a polysaccharide antigen joined a carrier protein. The grouping of an antigen with protein forms a substance which is identifiable to the blood cells in the humanoid blood, resulting in a robust immune response. It is used for immunizing children against microorganism that has polysaccharide capsular. Conjugate vaccines provide enduring immunity. Some of the major examples of the products are shingles, Hib (Haemophilus influenza type b) disease, hepatitis B, Pneumococcal Conjugate Vaccine (PCV) and whooping cough.

In U.K., the main brand of PCV is called prevenar 13 which is recommended for all age’s people with some health restrictions who are at greater risk of obstacles such as diabetes, chronic lung conditions, cerebrospinal fluid leaks, chronic liver disease (heart disease & kidney disease), immunosuppression and cochlear implants etc.

According to study, “Europe Conjugate Vaccine Market (2018-2023)” some of the major companies that are currently working in the Europe conjugate vaccine market are Sanofi Pasteur, GlaxoSmithKline, Merck & Co., Novartis AG, Pfizer Inc., CSL Limited.

The use of conjugate vaccine can be used for influenza, hepatitis, HPV (human papillomavirus), rotavirus, meningococcal disease, MMR (measles, mumps, and rubella), varicella, herpes zoster, and other disease indications. Moreover, based on the route of administration, the market is segmented into oral administration, subcutaneous administration and intramuscular administration and many others.

Some of the major benefits of conjugate vaccinations are the cost-effectiveness; elicit long term protections, high efficacy against vaccines and high serotype coverage etc. Some of the disadvantages are complex & complicated preparation loss of immunogenicity etc. Moreover, these vaccinations may cause side effects such as tenderness, loss of appetite, redness, allergic reaction, slight fever and swelling at the site of the shot.

The European Centre for Disease Prevention and Control (ECDC) is a government agency formed with an objective to support infective diseases. Agency also assists by providing toolkits and immunization program for managers & public health specialists to efforts in addressing vaccine consumption awareness. In addition, the National Infant Immunization Program (NIIP) is a government synchronized authority, which is mainly help in preventing vaccine avoidable diseases in children.

The market of Europe conjugate vaccine is mainly driven by increasing prominence on &availability of resources for research and development (R&D), followed by raising awareness about the convenience of a higher number of vaccines, modernization of healthcare infrastructure, growing disposable income, rising prevalence of infectious disease, increasing aging population and increasing advancements in medical science, increasing government vaccination programs & initiatives etc. Apart from the significant efforts market also face some of the major challenges which include product recalls, the high cost of conjugate vaccines development and inadequate access to vaccines etc. In Europe some of the new opportunities expected to focus on therapeutic vaccines, high growth prospects in the emergent market and the use of an adjuvant in vaccines etc.

It is expected that the European conjugate vaccine market to reach US$ 8.9 billion, at a CAGR of 3.6%, by 2023. By volume term, it is estimated that this market will be reached 504.4 million units, growing at a CAGR of 3.7%. In the near future, it is predicted that the market to grow progressively owing to the rising implementation of cancer medicinal vaccines.

To know more, click on the link below:-

https://www.kenresearch.com/healthcare/pharmaceuticals/europe-conjugate-vaccine/172474-91.html

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Landscape of the 3d Printing in Latin America Market Outlook: Ken Research

The significant development in the infrastructure of Latin America and present scenario of the health care industry in Latin America represent the effective growth in the recent trend. Whereas, the healthcare industry of Latin America with the 3D printing market category lead the significant growth more positively in the present era. The 3D printing is that effective process which creating three-dimensional solid objects from the digital designs. The improver process includes laying down succeeding layers of a material until the desired object is generated. Each of these layers can be envisaged as a thinly sliced horizontal cross-section of the final object. Meanwhile, the key players of this market in Latin America are playing an important role by doing significant developments in the material and technology of 3D printing after analyzing the strategies and policies of the other competitors for dominating the highest market share in the region which further become prominent for leading the fastest market growth in the reviewed period.

Many of the focused key players are doing effective working with the development of the final product which result a competitive nature in the market and enforced the investors for investing the handsome amount in the research and development programs of this. According to the report analysis, ‘Latin America 3D Printing in Healthcare Market (2018-2023)’ states that there are several key players which are performing more actively in this market for dominating the huge market share in the Latin America by accomplishing the growing demand of consumers includes Stratasys Ltd., Renishaw, Materialise and several others. Moreover, 3D printing is the particular contradictory of subtractive manufacturing, which encompasses hollowing out /carving out pieces of metal or plastic from a bulk. Such procedure unlocks the several opportunities for the construction of complex shapes using less material in comparison to traditional manufacturing approaches. However, in the sector of medicine, this procedure is utilized to construct the objects such as prosthetics and implants, consuming several materials like metal, plastic and others.

Additionally, by 2023, the value of the 3D printing in healthcare market in Latin America is expected to reach a worth of USD 1.97 Billion, increasing at a compound annual growth rate (CAGR) of 21.82% in the period of 2018-2023. Furthermore, the3D printing in healthcare market in Latin America is segmented differently which includes technology, material and type. For instance, the sector of technology is further split into the market which includes electron beam melting (LBM), laminated object manufacturing, laser beam melting (LBM), photopolymerization, droplet deposition, and several others. Not only has this, the market is sub divided into material such as ceramic, plastic, metal and several others.

In addition, the 3D printing in healthcare sanctions for the formation of replacement organs to maintenance prevailing biological parts. It is extensively used in cardiovascular, cranial-maxillo facial surgery, radiology, orthopedic, bio fabrication, as a surgical guide, and many more. Therefore, in the near future, it is expected that the market of 3D printing in healthcare in Latin America will grow more actively and positively with the wide usage.

For more information, click on the link below:

https://www.kenresearch.com/healthcare/general-healthcare/latin-america-3d/172330-91.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

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