Thursday, January 24, 2019

Landscape Of The Asia Pacific Cybersecurity Market Outlook: Ken Research

Asia-Pacific Cybersecurity Market
Cybersecurity is the safeguard of computer systems from the damage to their hardware or theft, disruption or misdirection moreover, from software or electronic data of the services they deliver. The significant increase in cloud facilities, for social media and smartphones, has made traditional security systems obsolete. Digital identity has become the essential access to hold mechanism. Therefore, it enables the acceptance of cybersecurity solutions among the corporations. With the aggressively growing internet penetration, cyber attacks are becoming more powerful, enabling hacker’s greater access to new and foremost technology. The key players of this industry in the Asia Pacific region are playing an important role by dominating the huge market share. Not only has this, but the focused and active key players of this market are also adopting the efficient market strategies and policies for doing attractive developments in the technology of cybersecurity which further make believe to be the more secure from the threat or fraud.
According to the report analysis, ‘Asia-Pacific Cybersecurity Market (2018-2023)’ states that there are several key players which are recently functioning in this market more significantly for attaining the huge market share by doing effective developments in the technology after knowing the key strength of competitors includes IBM Corporation, Cisco System, Symantec Corporation, Checkpoint Software, Palo Alto Network Inc., Trend Micro Inc., and several others. Moreover, the key players of this market in the Asia Pacific are working more significantly for removing the restraints from the market for having the huge market share and for leading the fastest market growth in the near future. Whereas, the Asia-Pacific region cybersecurity market is expected to increase at an overall compound annual growth rate (CAGR) of 15% and will be worth of USD 46.1 Billion by 2023. The enhanced correctness and frequency of cyber terrorizations across different parts of the Asia-Pacific region are one of the predominant factors that are estimated to initiative the ultimatum of various cybersecurity solutions.
On the basis of region, with the effective applications, the market of cybersecurity in Asia Pacific region is spread into China, Japan, India and the rest of APAC. Whereas, Japan is one of the principal markets in the Asia-Pacific region. This is owing the country had previously authorized uniform cybersecurity principles for government organizations in 2014, to avert unauthorized access and activity. The Japanese government is functioning on a number of policies and awareness creativities to develop the cyber rating of the country. The chief factor that is pushing the cyber security market in the Asia-Pacific region is the vast threat connected with cyber attacks. APAC had already faced a loss of USD 81 Billion in 2016. It is informed that more than 80% of administrations in the Asia Pacific region are targeted owing to increasing digitization, hence; upsurge in the harshness of attacks is prospective to boost the market. Therefore, in the near future, it is expected that the market of cybersecurity in the Asia Pacific will grow more positively over the recent few years.
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The Unpredictable Nature Of Cyber Attacks And The Need For Cyber Security : Ken Research


The Report Global Cybersecurity Market (2018-2023) gives a detailed analysis on the global market for cybersecurity. The report gives current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) market size data for the global blockchain technology market, based on applications: smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other, based on end users industries manufacturing, energy and utility, IT and telecommunication, healthcare and life sciences, consumer appliances, and transportation and logistics. The report covers market trends and market drivers and challenges for the global edge computing market. The report will help in formulating product marketing strategy based on industry and economic factors. The top players in the market are Symantec Corporation, Check Point Technology Ltd., Paloalto Networks, Fortinet, FireEye, Trend Micro Inc., Proofpoint Corp., KPMG and IBM.
Cyber security means the practices and policies followed by institutions and agencies to protect their networks, devices, programs and data from external, unauthorized access. Cyber security also refers to information technology security. As more and more digitalisation and automation are happening in the business and governments, enormous amount of data which are sensible are being produced. Thus, it is important for governments, military, medical and corporate organisations to collect, preserve and store their data since a significant portion of this can be intellectual property, financial data and personal information. More than often, leaking of this information are likely to infringe on the privacy and likely to have negative consequences.
Organisation often transmit sensitive amount of data across networks and other devices and cyber security explains the way of protecting that information and the systems used to process or store the data. Of lately, the nature and type of cyber attacks are growing with sophistication. This puts a lot of pressure on organisations dealing with national security, health or financial records to go out of their way to protect this information. As per a study, it was forecasted that cyber attacks and digital spying are much more threatening than terrorism to national security.
The types of challenges faced by cyber security are network security, identity management, mobile security, cloud security, endpoint security, application security, database security, end- user education. The most challenging of them all is the ever – evolving nature of the cyber risks. These risks are unpredictable and threats advance and change quickly than the governments and organisations can keep up with. Thus, a proactive and an adaptive method of cyber security is followed by all.
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Wednesday, January 23, 2019

Landscape of the Global 3d Printing Technology Market Outlook: Ken Research

The effective development in the infrastructure and recent landscape of the health care industry across the globe demonstrate the significant growth in the present era. However, the healthcare industry of respective regions with the 3D printing market category lead the effective procedure which resulting three-dimensional solid objects from the digital structures. The generation of 3D printed objects in completed by utilizing the numerous additive procedures. The additive procedures includes laying down consecutive layers of a material until the chosen objects is generated. Each of such layers can be imagined as a thinly-sliced horizontal cross-section of the final object. Whereas, 3D printing is the precisely opposite of subtractive introducing, which includes burrowing out/carving out pieces of metal or plastic from a mass. In addition, the key players of this market are playing an important role by dominating the huge market share with the effective development in the technology of 3D printing for leading the fastest market growth more significantly which further proved to be beneficial for attaining the highest market share across the globe during the forecasted period.

According to the report analysis, ‘Global 3D Printing in Healthcare Market (2018-2023)’ states that there are several key players which are recently functioning in this sector more significantly across the globe by doing effective development in the technology of 3D printing includes  Stratasys Ltd., 3D Systems, Organovo, Cellink, Renishaw, Formlabs, Prodways, Materialise, EnvisionTEC, Aspect Biosystems and several others. Moreover, in the sector of medicine, this process is utilized to make several objects like prosthetics and implants, using several materials like metal, plastic, etc. The key players of this market are playing an important role by working more efficiently which make the market more competitive and influenced the entrants of new investors for making the effective investment in the research and development programs.

On the basis of geography, the market of 3D printing healthcare is spread across the globe which majorly includes highly reputed regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. In addition, on the basis of technology, the market of 3D printing globally is sectored into laser beam melting (LBM), electron beam melting (EBM), photo polymerization, droplet deposition, laminated object manufacturing, and others. Not only has this, the market is sub-divided on the basis of material which includes plastic, metal, ceramic and several others. Additionally, North America has the most prominent share of the 3D printing in healthcare market, while Asia-Pacific is predictable to experience the maximum CAGR. For instance, a significant threat to the 3D printing in the healthcare market is the hustle at which the tissues are built, since introducing these tissues takes a substantial amount of time. The preservation of the cells for prolonged periods becomes a foremost challenge for large constructs. Hence, the key players of this market are doing their job more effectively for removing the restraints from the market which further proved to be beneficial for leading the highest market growth and attaining the handsome amount of share during the forecasted period. It is expected that in the near future the market of 3D printing across the globe more significantly over the recent few years.

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Rising Landscape Of The Latin America Advanced Farming Market Outlook: Ken Research


Decades ago, the market of agriculture was not so developed and innovated but by the time the whole industry of agriculture has grown with the significant development in the technology. The government of the respective region is also doing effective developments in the policies as the sector agriculture contributed towards the economic developments and transformation. Whereas, in underdeveloped countries this sector provide labor force which further lead the market growth more significantly. In addition, the agriculture sector plays a prominent role in the Latin America’s GDP with a steady growth of populace and rising food requirements in the region. The key players of this market are playing an important role by doing effective developments in the technology of this for leading the fastest market growth during the forecasted period. Not only has this, the key players of this market are analyzing and studying the strategies and policies of the legal authority for making an effective profit which results a productive good for the farmers also.

The farmers in the region have begun using the advanced farming techniques with the innovated technologies to increase the productivity and decrease the environmental risks. According to the report analysis, ‘Latin America Advanced Farming Technique Market 2016-2022’ it is states that there are several key players which are recently functioning in this market more effectively for dominating the handsome amount of share in the region by adopting the attractive techniques of doing work with the innovated technologies includes Trimble Navigation, AGCO Corp, Deere & Company, Raven Industries, AqJunction, IBM, Microsoft Corp, Yara, Valmount Industries Inc, Aqribotix, AqDNA, Smart Fertilizer Management, FTI Pty Ltd, BovControl, Strider, 8villages and several others. Whereas, with the effective working of the key players the market become more profitable and competitive which enforced the new investors and existing key players for making handsome amount of investment which in the developments. Therefore, in the near future, in Latin America the market of advanced farming will rise more significant during the forecasted period.

The technologies in the advanced farming such as HPPS and VRT support the farmers to take informed decisions about crop harvesting and thereby upsurge the yield. On the other hand, advanced farming has become a keystone of sustainable agriculture and it compliments crops, soil, and farmers. In the recent past years, the cloud based farming management systems are being adopted in the advanced farming market. With the support of farming management systems, the farmers can now observe or track the farm activities from any location by utilizing the mobile devices. Many of the providers in the region have begun to deliver these facilities to farmers to develop and improve the manner of farming being done. Therefore, in the near future, it is expected that the market of advanced farming will increase more effectively over the recent few years with the effective developments by the existing key players and government.

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Dynamic Landscape Of The Asia Pacific Blockchain Market Outlook: Ken Research

Asia-Pacific Blockchain Technology
Blockchain Market:- The technology of blockchain is considered as a type of payment rail in which a growing list of records made which are linked using cryptography. As it is a continuously growing list of records, each block consists of a cryptographic hash of the previous block, transaction data, and a timestamp. Moreover, the technology of blockchain is utilized to record bitcoin transactions via a network of computers across the globe. Once mentioned data in any of the given block cannot be transformed retroactively without the modification of all succeeding block, which needs a consensus of the network mainstream. Furthermore, the bitcoin design has encouraged other features, and blockchains which are understandable by the public are vastly utilized by the cryptocurrencies. The key players of this market are adopting the effective market strategies and policies for dominating the huge market share in the Asia Pacific region more significantly which become positively beneficial for leading the fastest market growth in the forecasted period.
According to the report analysis, ‘Asia-Pacific Blockchain Technology Market (2018-2023)’ states that there are several key players which are recently functioning in this market more significantly for acquiring the huge market share by doing effective and attractive developments in the technology of blockchain includes Microsoft Corporation, IBM, Accenture, Deloitte, Capgemini, Cognizant, Infosys, Tata Communication Services, The Wanxiang Blockchain Labs (China), The Wanda Group (China) and several others. In addition, with the effective working of the key players, the market becomes more competitive and there are several other companies which recently start-up their organizations for getting the profit of an effective amount includes BitFlyer, Coins.ph, Bitmark, OKcoin and few more. Furthermore, the Asia-Pacific Blockchain Technology market is predicted to rise at the highest CAGR (54%) during the forecasted years of 2018-2023 and is estimated to earn revenue of USD 4.6 Billion by 2023.
APAC has been observing the fastest implementation of Blockchain technology in the last couple of years. It is anticipated that Asia Pacific region will fascinate significant volumes of venture capital investments for modernizations in Blockchain. Whereas, with the effective applications, unsurprisingly, the market of blockchain in Asia Pacific region will rise more actively in the forecasted period. Not only has this, for attaining the highest market share across the globe the key players of this market are winding up with the other international key players which proved to be profitable for getting the more handsome of share and leading the highest market growth in the short span of time.
Although, IBM is one of the foremost Blockchain accessing firms to have initiated the application of Blockchain technology in China with supply chain trials. The technology of Blockchain in Supply Chain management conserves records of asset transactions, verifies certificates, and links barcodes with digital codes. Whereas, Asia-Pacific region is attractive the dynamic ground to contrivance new business models using this technology. Therefore, in the near future, it is expected that the market of blockchain will grow more positively in the Asia Pacific region over the recent few decades.
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Global Irrigation Controller Market Outlook & Forecast: Ken Research

Global Irrigation Controller Market Segmentation
By Type of Product
The market is also segmented based on type of product such as basic controllers, tap timers and smart controllers. They are mostly sold in retail outlets and their end users are mostly limited to residential sectors or small scale landscape maintenance. The basic controllers have the highest market share. It is followed by smart controllers as well as tap timers, both of which acquire ~% of the market share. Tap timers are generally used in households and small scale landscapes and are majorly available in two variants basic electronic timers and automatic digital timers.
By Application
Segmentation based on application is divided into agriculture and non- agriculture application. Agriculture application has the majority of market share accounting for ~%. Agriculture application of irrigation controllers is further divided into Open Field and Controlled Environment Agriculture in which open field irrigation has the majority of market share. Non- agriculture application is divided into Residential, Sports Ground/ Golf Course and Others among which residential sector has the majority of market share.
By Type of Irrigation
The market is divided into drip irrigation and sprinkler irrigation. Drip irrigation has majority of the market share of ~%. Water scarcity is one of the biggest reasons behind wide use of drip irrigation. Apart from this heavy use of controllers in drip irrigation is due to government initiatives to promote drip irrigation among the farmers. Providing subsidy by government for installing drip irrigation system is one of the common trends that can be seen across the globe.
Competitive Landscape
The market has a few numbers of players with top five players acquiring ~% of the market share. There are many regional players which are present in their respective countries and cater to the need of low cost or specific irrigation controllers.
The manufacturers of irrigation controller products sell their offerings to end users through distributors, online retailing and direct institutional selling. The report Global Irrigation Controller Market focuses on discussing the competitiveness of the major manufacturers and strategies used by them to differentiate in the market. The market is dominated by major global players although entrance of some other players has resulted in change of market dynamics. The report clarifies the parameters to differentiate one competitors from others and measures through which a product can be evaluated from the perspective of end users. Rain bird is the global market leaders with ~% of the market share in global irrigation controller market. Hunter industries are the second biggest players with ~% of the market share. Netafim has ~% of share The Toro Company has ~% of the market share of the global irrigation controller market.
Future Outlook and Projections in the Global Irrigation Controller Market
The market for irrigation controllers globally is estimated to grow by five year CAGR of ~% from 2018-2023. This market will be primarily driven by sale of smart irrigation controllers which will acquire ~% in 2023. The market will primarily grow due to requirements of water conserving equipments, digitalization of homes, shortage of water and increase in awareness among the farmers. The North American region is expected to grow at the fastest rate. Collaborating communities and technological innovations in the irrigation sector is expected to drive the global irrigation controller market in the future. Absence of such innovation is expected in the next decade and therefore the market growth will impede. Although the expected CAGR of the market suggest that there is still a lot of untapped potential in the market.
The sustainability goals of the UN such as Life on land, Responsible Production and Consumption, Climate Action and Program and Clean Water and Sanitation are some key programs whose implementation will attract demand for irrigation control for efficient use of water. Most of the manufacturers of smart home based irrigation controllers are also focusing on integrating functionalities that can allow communication via smart home systems through voice. There are a number of government initiatives in various countries which aims to spread the adoption of modern irrigation technologies through providing financial help. This will drive the market of irrigation controllers in the future. Replacement demand for existing controllers, technology up gradation of existing controllers is expected to give positive boost to the market in the near future. Adoption of drip irrigation on wide scale is another factor that has boosted the irrigation controller market. Its promotion in countries with water shortage with support from government initiatives will have substantial impact on future demand.
Keywords:-
Global Irrigation Controller Market
Global Irrigation Controller Market Analysis
Global Irrigation Controller Market Growth
Irrigation Controller Market In Global
Irrigation Controllers Market China
Irrigation Controllers Market India
Irrigation Controllers Market US
Use Of Drones In Global Irrigation Systems
Global Weather Based Irrigation Systems Market
New Startup In Global Irrigation Systems
Role Of Governments In Global Irrigation Systems
Global Hydroponic Farming Irrigation Controllers Market
Global Vertical Farming Irrigation Controllers Market
Drip Irrigation Controllers Market
Global Basic Tap Timers Market
Global Rachio Irrigation Controller
Global Hunter Industries Product Portfolio
Rainbird Irrigation Controllers
Rainbird Sales Irrigation Controller
Global Weather Based Irrigation Controller Market
Mergers And Acquisitions In Irrigation Controllers
Drip Irrigation Controller Market
Market Segmentation:-
By Weather and Sensor Based Irrigation Controller
By Agriculture and Non Agriculture
By Basic Controllers, Smart Controllers and Tap Timers
By Region (North America, Asia Pacific, Europe, South America and Rest of the World)
By Drip and Sprinkle Irrigation System
By Open and Controlled Environment Agriculture
By Residential, Sports and Others
Key Target Audience:-
Distributors of Irrigation Controller
Irrigation system integrators
Manufacturers of Irrigation Controller
Government Organizations
Commercial Farmers
Vertically Integrated Agrobased Companies
Time Period Captured in the Report:-
Historical Period –2013 - 2018
Forecast Period –2019 - 2023
Companies Covered:-
Rain Bird Corporation
Hunter Industries
Netafim
The Toro Company
Weathermatic
Lindsay Corporation
Nelson Irrigation
Valmont Industries
Hydropoint Data Systems
Rachio
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Global Entertainment and Leisure Robots Market by Component, Application, End-user and Region 2014-2025: Growth Opportunity and Business Strategy: Ken Research

Robotics used in entertainment industry for both functional and fascinating appeal
Though robotics has been in use for a long time, it still continues to amaze people and this has led to their use in the entertainment industry. They are increasingly being adopted in movies, homes and parks. Apart from providing visual appeal, they perform tasks which humans cannot and also replace humans in jobs that are highly risky. Thus, robotics has found itself a place in the entertainment industry for ease of function and for fascination.

There are various areas in which robotics are implemented in the entertainment and leisure market. Most of them have been used to attract crowds. In places like Disney World, autonomous robots are employed to entertain the crowds and also take positive feedback from the visitors. They have been useful in keeping the visitors engaged when transitioning from one ride to another.  In the amusement parks, amusement rides are automated by robotics. They are also employed in the course of the ride to add more thrills to the thrilling experiences. These robots are programmed to sense the rider’s reactions and personalise their experience based on what they enjoy the most. In live shows and concerts, the music and art festivals are complimented with coordinated lightings and visual artistry to better the experience.

Robots have been employed for stunts as well. In the version of humanoids, they help in performing difficult action stunts that humans cannot and provide a much real picture to the audience. These robots are programmed to perform action stunts like mid – air flips and rolls with precision and reduce human casualties in the film sets. Robotic toys are another form that engages both kids and adults which uses artificial intelligence. With the growing pace and rate of the robotics, they can take over from secondary to primary entertainers.

Ken Research’s Global Entertainment and Leisure Robots Market by Component, Application, End-user and Region 2014-2025: Growth Opportunity and Business Strategy gives a detailed analysis on the global market for robotics in entertainment and leisure market. The report gives data about annual revenue for regional and national market for the forecast period of 2014 – 2025. The report covers competitor’s analysis and important global emerging players. Potential risks and Critical Success Factors (CSFs) given in the report will be useful for investors to make strategic decisions. The key players in the global market are Blue Frog Robotics SAS, Hasbro, Inc., Lego System A/S, Mattel, Inc., Modular Robotics Incorporated, RoboBuilder Co., Ltd., Softbank Robotics, Sony Corporation, Sphero, Inc., Toshiba Machine Co., Ltd. and Wow Wee Group Limited

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Dynamic Landscape Of The Cosmetics, Perfumes And Toiletries Global Market Outlook: Ken Research

Global Cosmetics Market
Cosmetics, Perfumes And Toiletries Market: - The market for cosmetics, perfumes, and toiletries across the globe have grown more significantly with the growing requirement and an effective increase in disposable income. Moreover, with the growing women workforce, the demand for cosmetics and perfumes has grown more effective in the recent trend. Not only has this, but the attractive developments in the infrastructure also lead the demand for the toiletries across the globe whereas, the developed region is dominating the huge amount of share in this market. The key players of this market are dominating the highest amount of share by adopting the highest amount of share with the effective analysis of strategies of other competitors which further proved to be beneficial for leading the fastest market growth more significantly. With effective applications and classifications, the market of cosmetics, perfumes, and toiletries will rise more significantly across the globe during the forecasted period.
According to the report analysis, ‘Global Cosmetics, Perfumes and Toiletries Market (2018-2023)’ it is stated that there are several key players which are presently functioning in this sector more actively for accounting the huge market share across the globe by doing effective developments in the techniques of product making for increasing the demand for the products includes L'oreal, Unilever N.V., Gillette, The Procter & Gamble Company, Beiersdorf, Shiseido, Avon Products, Inc., Kao Corp, Johnson & Johnson, Kimberly & Clark Corporation and several others. Moreover, the key players of this market are working very effectively by which the market is become more competitive and further proved to be beneficial for leading the fastest market growth during the forecasted period. Whereas, The value of the global cosmetics, perfumes and toiletries market is predicted to reach a value of USD 342.96 Billion by 2023, growing at a CAGR of 4.53% during the period of 2018-2023.
The cosmetics, perfumes, and toiletries market across the globe can be categorized into three principal segments which are majorly based on the type (skincare, hair care, makeup, fragrances, hygiene products, and oral cosmetics), channel (online sales and offline sales), and preference (mass and premium). Meanwhile, the cosmetics, perfumes and toiletries market faces rigid competition when it comes to making an effective and profitable image in the market. Therefore, consumers are ruined by the countless choices accessible in the market because of the extremely competitive nature of the market. Whereas, the key players of this market are analyzing the various aspects of the market for removing the restraints from the market more effectively by which they can acquire the handsome amount of share and lead the effective market growth in the short span of time across the globe.
Additionally, one of the foremost causes for the development of this market is the growth in the aging populace because of the decreasing mortality rates in the global economy. It has led to an effective increment in the requirement for anti-aging products to avert wrinkles, dry skin, dark spots, and other age-related skin care issues. In a nutshell, they want to uphold youthful appearances give an impetus to the market. Therefore, in the near future, it is expected that the market of global cosmetics, perfumes, and toiletries will grow more significantly over the recent few years.
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Global Smart Hospital Market Outlook & Forecast To 2023: Ken Research


It has been observed that, with the growth in population and transformation in the technology of hospital, the market of smart hospital has demonstrated an effective market growth increasingly around the globe in the recent years. The smart hospital is an advanced technological development in the industry of healthcare which maintains a vast amount of available data and integrates numerous hospital delivery apparatuses. It creates an effective utilization of the electronic patient’s proceedings and streamlining procedures, which lead to developed quality of life by decreasing the risks to health and developing the general well-being of people. Smart health care delivers more patient-centric services that develop admittance to healthcare and are personalised to individual patients’ requirements. Additionally, the key players of this market are playing an important role by dominating the highest market share across the globe with the better customer services and huge capital investment in the development programs related to the technologies which further proved to be beneficial for leading the fastest market growth in the near future.

According to the report analysis, ‘Global Smart Hospital Market (2018-2023)’ states that there are several key players which are presently functioning in this sector more effectively with the significant development in the advancement in the technology and by adopting the efficient strategies and policies includes Medtronics, Philips, Microsoft, GE Healthcare, Qualcomm, SAP, Stanley Healthcare, Cerner Corporation, McKesson, Siemens and several others. Moreover, the key players of this market across the globe are investigating and analysing the key strength of the competitors for leading across the globe and accounting the handsome amount of share globally.  According to research, the global market of smart hospital is anticipated to have an effective compounded annual growth rate (CAGR) of 23.29% and reach a market size of USD 55.76 Billion by 2023.

Additionally, the focused key players of this market are developing the techniques of doing work more effectively and establishing new and innovated technology for attaining the highest market share around the globe more significantly which become beneficial for leading the fastest market growth during the forecasted period. Hence, the market of this is spread across the globe which majorly includes North America, Europe, Asia-Pacific, Latin America, and The Middle East and Africa. Not only has this, it is expected that the region of North America and Asia Pacific dominated the fair amount of market share more efficiently.

The global market of smart hospital is segmented on the basis of products which mainly include smart pills, mHealth, telemedicine, electronic health record and several others. In addition, based on the application, market is divided into remote medicine management, electronic health record and clinical workflow, outpatient vigilance, medical connected imaging, and medical assistance. Furthermore, the market is bifurcated into artificial intelligence which involves technology and offering. Whereas, the technologies utilized are AI, cloud computing, radio frequencies identification, wearable technologies, zigbee technologies, Internet of Things (IoT) and several others. Hence, it is expected that in the near future the global market of smart hospital will increase more significantly over the recent few years.


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Changing Dynamics Of The Global Connected Vehicles Market Outlook: Ken Research

Global Connected Vehicle Market
Connected Vehicles Market: - A connected vehicle is that type of vehicle in which the facility of internet and primarily also with a local area network. Moreover, the connected vehicles are also outfitted with the special technologies that tap into the internet or wireless LAN and deliver the additional and attractive features to the drivers. The connected vehicle ecosystem is developing in which connected car manufactured and automotive OEMs are improving numerous connected solutions. Increasingly, connected vehicles are taking effective and attractive compensations of the growth of Smartphones, and apps are existing to interact with the other vehicles from any distance. The key players of this market are playing an important role by dominating the huge market share with the efficient working in the developments in the technology of connected vehicles. Hence, with the effective working of the key players, the nature of this market becomes more competitive which influence the coming investors for making the effective amount of investments in significant improvement of this technology which further proved to be profitable for leading the fastest market growth more significantly in the near future.
Additionally, with the effective applications of the connected vehicles, the market of connected vehicles unsurprisingly grows more significantly in the reviewed period. According to the report analysis, ‘Global Connected Vehicle Market (2018-2023)’ states that there are a few key players which are ruling in this market more actively for dominating the highest amount of share by accomplishing the growing demand and effective and attractive developments in the technology of connected vehicles includes Airbiquity Inc, Aptiv PLC, Autoliv, Continental AG, Denso, NXP Semiconductors, Robert Bosch GmbH, TomTom, WirelessCar and several others. Moreover, in this market, it is expected that many of the key players are winding up with the IT companies for leading the demand for connected vehicles. Whereas, On the basis of connectivity, the ultimatum for entrenched solutions, tethered solutions, and combined solutions for associated passenger cars has augmented over the years. Similarly, the usage of telematics and fleet supervision solutions for connected commercial vehicles has grown.
The market of the connected vehicle across the globe is predictable to produce from USD 42.1 Billion in 2015 to USD 122.51 Billion by 2023, increasing at a CAGR of 14%. Meanwhile, by 2023 the global connected passenger car market is probably to reach USD 75.67 Billion, growing at a CAGR of 11% (2018-2023), and the global connected truck market is expected to influence USD 46.84 Billion by 2023, expanding at a CAGR of 13% (2018-2023). Additionally, the ever-increasing importance on personalization and customization across all car sectors is perceived as a foremost growth driver of the market. Not only has this, the requirement for personalized content, information, but media feeds have also been witnessed in the connected passenger car landscape. Therefore, in the near future, it is expected that the market of connected vehicles across the globe will grow significantly over the recent few years as the key players of this market adopting the effective strategies and policies with the techniques of doing working for enhancing the performance.
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