Thursday, February 6, 2020

Global Chatbot Market Research Report And Forecast: Ken Research


The report covers the analysis and forecast of the global chatbot market as well as regional level. The study provides historic data of 2016 along with the forecast for the period between 2017 and 2025 based on revenue (USD Mn).

The study provides a detailed view of the chatbot market, by segmenting it based on by product, by type, by application, by end-user and regional demand. The increasing need for upgradation in CRM or customer relationship management is a major factor which is expected to augment the growth of the global chatbot market in the upcoming years. Moreover, innovations in machine learning technologies and artificial intelligence are further estimated to enhance the qualities of chatbots, which represents a prime driver of the chatbot market.

Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The segmentation also includes by product, by type, by end-user and application in all regions. These include different business strategies adopted by the leading players and their recent developments.

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints, and opportunities is part of the report. Additionally, the report includes potential opportunities in the chatbot market at the global and regional levels. Market dynamics are the factors which impact the market growth, so their analysis helps understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2017 to 2025, along with offering an inclusive study of the chatbot market.

The report provides the size of the chatbot market in 2017 and the forecast for the next eight years up to 2025. The size of the global chatbot market is provided in terms of revenue. Market revenue is defined in USD Mn. The market dynamics prevalent in North America, Europe, Asia Pacific, Middle East and Africa and Latin America has been taken into account in estimating the growth of the global market.

Market estimates for this study have been based on revenue being derived through regional pricing trends. The Chatbot market has been analyzed based on expected demand. Bottom-up approach is done to estimate the global revenue of the chatbot market, split into regions. Based on product, type, applications and end-user, the individual revenues from all the regions is summed up to achieve the global revenue for chatbot. Companies were considered for the market share analysis, based on their innovation and application and revenue generation. In the absence of specific data related to the sales of chatbot several privately held companies, calculated assumptions have been made in view of the company's penetration and regional presence. The report covers a detailed competitive outlook that includes the market share and company profiles of key players operating in the global market. Key players profiled in the report include Babylon Health, Inbenta, SRI International, ReplyYes among others.

The global chatbot market has been segmented into:
Global Chatbot Market: By Product
Human Intelligence
Artificial Intelligence
Marketing

Global Chatbot Market: By Type
Web-Based
Stand-Alone
Messenger-Based

Global Chatbot Market: By End-User
Small Enterprises
Medium Enterprises
Large Enterprises

Global Chatbot Market: By Application
Healthcare
Media & Entertainment
Banking, Financial Services, And Insurance
Retail
Travel & Tourism
E-Commerce
Others

Global Chatbot Market: By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia Pacific
India
China
Japan
Rest of Asia Pacific
Middle East and Africa
South Africa
Rest of Middle East and Africa
Latin America
Brazil
Rest of Latin America

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Growth in Power Consumption Expected to Drive Global Instrument Transformer Market: Ken Research

An instrument transformers is an electrical device, used to transform or isolate current and voltage levels with high accuracy.  In is used in alternate current (AC) systems for measurement of electrical parameters for instance current, power factor, voltage, energy, and frequency. It is also used for protection of power system using combination of protective relays. Its primary function is to lower the AC system’s voltage and current.

The key advantages are included reducing cost of measuring instruments, standardization of measuring instruments, easy replacement, assuring safety of operators, reducing electrical insulation requirements for measuring instruments, consumption of less power and provides multiple connections through a single transformer to power system.

According to study, “Global Instrument Transformer Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global instrument transformer market are ABB Ltd., Arteche, GE, Instrument Transformer Equipment, Mitsubishi Electric, Pfiffner Instrument Transformers, Schneider Electric, Ritz Instrument Transformers, Siemens AG, Indian Transformers Company, BHEL, Konèar-Instrument Transformers, CG Power, EMEK, Nissin Electric.

Based on type, instrument transformer market is segmented into potential transformers, current transformers and combined instrument transformers. Potential transformers include capacitive potential transformers and inductive potential transformers. Current transformers include closed and wound. Based on winding, market is segmented into auto-transfer and two-winding. Based on cooling type, market is segmented into oil immersed and dry type. Oil immersed segment includes water cooled, self-cooled and forced cool. Dry type includes air blast and self-air. Based on phase type, market is segmented into single phase and three phase. Based on dielectric medium, market is segmented into SF6 gas dielectric instrument transformers, liquid dielectric instrument transformers and soli dielectric instrument transformers. Based on voltage, market is segmented into high voltage transmission, extra high voltage transmission, ultra-high voltage transmission, sub-transmission voltage and distribution voltage. Based on enclosure type, market is segmented into outdoor instrument transformers and indoor instrument transformers. 

Outdoor instrument transformers segment holds major share in market owing to growth in demand for long-distance power transmission in developing nations. Based on application, market is segmented into relaying, transformers & circuit breaker bushing, metering & protection and switchgear assemblies. In addition, based on end-user, market is segmented into railways & metros, power generation, power utilities, industries & OEMs and others. Power utilities are further sub-segmented into power distribution utilities and power transmission utilities. Additionally, industries & OEMs are further sub-segmented into cement, oil & gas, iron & steel, automobiles, chemicals and industrial machinery.

The instrument transformer market is driven by growth in investments in smart grids & energy systems, followed by refurbishment of the aging power infrastructure and rise in alternative energy programs. However, delays in grid expansion projects and rise in competition from the unorganized sector may impact the market. Moreover, growth in investments in the transmission & distribution infrastructure, rise in adoption of the high voltage direct current (HVDC) technology for long distance transmission and expand in cross-border electricity trade are key opportunities for market.
Based on geography, the Asian-Pacific region dominates the instrument transformer market owing to rise in government initiatives to upsurge power generation capacity using renewable energy sources, increase in power consumption, and growth in replacement of aging power plants in the region. Whereas, the European and North-American regions are expected to exhibit considerable growth rate due to rise in industrial growth, growth in production of electricity and increase in aging infrastructure, over the forecast period. In near future, it is projected that the global market will be reached at faster pace on account of supportive regulatory concerns to strengthen grid sustainability during the forecast period.

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Visions of the Market Entry Strategy Market Outlook: Ken Research

There are several causes businesses overview to international enlargements, effective profits, the achievement of fresh skills, lower prices and technologies and the modification of the cost and profit bases amongst them. Before understanding an expansion strategy, obtaining an understanding of the business’s readiness to enlarge is critical.
For the comprehensive market entry strategy first company need to obtain the answers of few questions such as are the procedure to cope with the enlargements in place? What are the motivations? What is the end or foremost objective? In addition, for enlarging the organization across the new geographies of by initiating a fresh product or service line you proficiently demand a winning market entry strategy which positively allow you to obtain the business goals.
The Ken Research has unfailingly set a bar for the wide development of the best market entry strategy for the emerging markets. We help you in develop and plan the market entry across the several regions such as Philippines, Indonesia, Saudi Arabia and many more. We suggest you several approaches for entering in the new geographies as not only one market entry strategy operates for all the international markets. We also deeply study all the aspects of entering in the new international market as it is impossible to succeed in a new market without the deep knowledge of its inner functioning. Obtaining the accurate product market fit includes a thorough assessment of the market dynamics to determine whether there is a desire for your offerings and if there is room for more growth. It means we positively research that in the new international what type of customers are most likely to buy the product or service, what are the driving growth in the market, who are the competitors, what is their market share, will the consumer base grow and several other aspects.
We actively assessed all the market sectors for your expansion and identified your target sector as for expansion of business you need the accurate data and insights to form the pricing decisions in an approach that delivers you a leg up over there competition. This means the Ken Research will positively and timely advising you related to the competitors pricing actions, consumer preferences and willingness to pay, as well as, product cost and fixed incremental prices associated to serving specific market. 
Not only has this, we uses the quantitative and qualitative approaches for obtaining the information related to competitive pricing actions and consumer predilections to deliver an appropriate considerations of the assortment of prices likely to vintage the positive results. We further join the analytics to assist the businesses determine the optimum costs and inform the discounting and bundling conclusions.
Furthermore, our market entry strategy reports will not just assist in understanding the growth potential and differences in a specific market but will also inform you through the entire approach of the market entry. In addition, we actively looking forward for answering all your questions pertaining to development of the strategies to enter in the international market of business strategies to follow before the establishment of new product or service.
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Ken Research
Ankur Gupta, Head Marketing & Communications
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China Flexible Workspace Market Outlook to 2025: Ken Research

The report titled, “China Flexible Workspace Market Outlook to 2025 – Driven by Rise in Co-working Supply and Shift towards Non-Rental Revenue (Concierge, Accounting, HR, payroll and Task Management services)” provides a comprehensive analysis of the Flexible Workspace Market in China. The Report covers the pain points, the need, Supply and Demand Analysis along with Revenue streams, Value Chain and Key Industry Trends. The report also focuses extensively on the Competition Scenario in the country and concludes with Future Scenario and analyst recommendations highlighting the key opportunities in the future.
China Flexible Workspace Overview and Size
High occupancy cost for Prime Office Space, an Increase in the number of business entities and fluid business strategies led to the emergence of a flexible workspace market in China. Flexible Workspace operators in China have been constantly focusing on inorganic growth through acquisitions of smaller operators and businesses. This trend is slowly changing and there is an increase in focus on sustainability and profitability. The supply in China Flexible Space market has been growing at a double-digit CAGR by space during the period 2016-2019. The market has been growing with the competition being highly fragmented owing to the presence of more than 1500 co-working operators in the industry.
China Flexible Workspace Market Segmentation
By Type of Flexible Workspace (Hybrid or Integrated Spaces, Serviced Spaces and Co-Working Spaces)
China flexible workspace industry is highly fragmented and the presence of small operators have driven the supply of co-working segment whereas serviced spaces and the hybrid model is majorly built by bigger players such as WeWork (Enterprise Solution), Atlas Workspace (Office as a Service) and other players.
By City (Shanghai, Beijing, Shenzhen, Hong Kong, Chengdu, Guangzhou and Rest of China)
Shanghai dominates the China flexible workspace market in terms of overall supply. Beijing, Chengdu, and Guangzhou have been growing at the fastest pace due to the emergence of localized players. Since, the industry is at its nascent stage in Chengdu, Hong Kong and Guangzhou the average occupancy is lower in these cities.
By Type of End Users (Enterprise, MSME’s/Start-Ups and Freelancers / Self Employed)
Changing the workforce and evolving business strategy has resulted in an increase in demand for flexible workspaces. Enterprises are leading the demand for a flexible workspace industry followed by MSME’s/Start-ups and Freelancers/Entrepreneurs. Enterprises are following the ‘hub and spoke’ model wherein the corporate head office acts as a hub and flexible workspaces act as spokes.
Competitive Landscape in China Flexible Workspace Market
Regus, WeWork, MyDreamPlus, District, Kr Space, SOHO 3Q, The Executive Centre, People Squared, Atlas Workspace, Servoffice, Compass Office are few of the major players in the industry. The industry is moving towards market consolidation as players such as Ucommune and WeWork with heavy financial backing are taking over small operators. The companies are shifting their focus from rental to non-rental revenue streams.
China Flexible Workspace Market Future Outlook and Projection
In future, it is anticipated that the China Flexible Workspace industry will experience decreasing supply-demand gap as the demand is expected to grow at a much faster pace in comparison to the supply. Companies will gradually shift focus from regional expansion towards sustainability and profitability. The companies will also increase focus towards improving the occupancy rate of the co-working spaces in the industry. Technological development and the provision of value-added services will drive the demand for flexible workspaces in China.
Key Segments Covered:-
By Type of Flexible Workspace
Serviced Spaces
Hybrid Spaces
Co-Working Spaces
By City
Shanghai
Beijing
Shenzhen
Hong Kong
Chengdu
Guangzhou
By End Users
Enterprises
MSME’s/Start Ups
Entrepreneurs/Freelancers
Key Target Audience
Flexible Workspace Operators
Office Brokers/Aggregators
Commercial Real Estate Companies
Venture Capitalist and PE Firms
Real Estate Consultant
Office Furniture Providers
ICT Providers
Time Period Captured in the Report:
Historical Period – 2016-2019
Forecast Period – 2019-2025
Companies Covered in the Report:
Flexible Workspace Operators
Ucommune
Regus
 WeWork
MyDreamPlus
Distrii
Kr Space
SOHO 3Q
The Executive Centre
People Squared
Compass Office
Servoffice
Atlas Workspace
Key Topics Covered in the Report:-
Need and Pain Points Leading to Emergence of Flexible Workspace Industry in China
Existing Gaps in China Flexible Workspace Market
Value Chain Analysis
Emerging Business Model
Revenue Streams
Organizational Structure of Flexible Workspaces
Marketing Strategies
Supply-Demand Analysis and Supply-Demand Gap Analysis, 2016-2019
Competitive Landscape in China Flexible Workspace Market
Supply-Demand Analysis and Supply-Demand Gap Analysis, 2019-2025F
Success Case Study
Analyst Recommendation
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249