Future Growth of Global Smart Speakers Market

 Major players in the smart speakers market are Amazon, Inc., Apple, Inc., Xiaomi, Alibaba Group Holding Limited, Sonos. Inc., Harman International, Bose Corporation, Sony Corporation, ONKYO CORPORATION, and Panasonic Corporation.

The global smart speakers market is expected to grow from USD 5.5 billion in 2019 and to USD 5.7 billion in 2020 at a growth rate of 3%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach USD 11 billion in 2023 at CAGR of 24.5%.

The smart speakers market consists of sales of smart speakers and related products that include Bluetooth-, Wi-Fi-enabled and wireless devices which are integrated with virtual assistant device powered by artificial intelligence. The smart speakers market consists of revenue generated through the sales of speakers with virtual assistant intelligence such as Alexa, Google Assistant, Siri, and Cortana, among others which are distributed through online or offline channels to personal and commercial users for smart home, smart office, automotive, commercial and more applications. The companies involved in the smart speakers market are engaged in designing, manufacturing, producing artificial intelligence assisted speakers which are activated with one 'hot word' using voice recognition systems to perform wide range of wireless activities.

North America was the largest region in the smart speakers market in 2019. Asia Pacific was the second largest region in the smart speakers market in 2019.

In November 2019, Sonos a US-based leading sound experience brand which allows it's customers to listen better by giving access to their favourite content by controlling as they wish announced the acquisition of Snips for USD 37.5 million. The deal will benefit Sonos by improving the voice experience of Sonos with the addition of Intellectual Property of Snips and benefit Snips by taking it's France technologies to international customers. Snips is a US-based private-by-design voice technology company which uses artificial intelligence integrated in connected devices.

Apart from increasing consumer preference for smart speakers the major drawback that's concerning the market is the data privacy and security. These devices have access to the personal information stored in Gmail like contact details, bank details, login credentials which raise security issues. The devices of a smart home have access to sensitive data like videos, photos, personal information which can be accessed and operated from anywhere. In 2019, a survey conducted in US states that smart speaker non-users are more concerned about data and privacy reasons like hacking risk (63%), smart speakers are always listening (55%) and monitoring by government (40%) when compared with 2017 which were 41%, 36% and 34% respectively. When compared with smart speaker users, they also agreed with the above data and privacy issues similarly. These issues may hinder the market growth if appropriate development in security concerns are not addressed.

Virtual assistant devices are powered by artificial intelligence which offer ultimate luxury to the owner. They keep on listening to the command, analyze the needs and performs the task when necessary. The Amazon Echo with smart assistant Alexa can be activated with voice command of one hot word Alexa. Siri, the Apple voice assistant provides hands-free activation with deep integration technology and high quality virtual surround sound and exhibits features like setting timer, managing calendar events and more. Google assistant activated with Ok Google provides instant access to all of the Google services and the data associated with the Google account. In 2019, a survey states that Amazon Alexa/Echo dominates the US market with 70% market share followed by Google home with 25% and Apple Home Pod with 5% which was largely because of the high sales of entry-level devices like Google Home Mini and Amazon Echo Dot with reasonable price. The proliferation of virtual assistance is, in turn, driving the smart speaker market.

With increasing consumer preference for technologically advanced products there is a rise in penetration of smartphones and smart devices. The enhanced personal use of smart devices points at integration of smart devices with devices such as smart lightbulbs, thermostats, and TVs. The consumer interest in technologically advanced products has resulted in 205 million installed smart speakers in 2019 from 114 million units in 2018 and is expected to reach 325 million by 2020. In 2019, Amazon could integrate LIDAR technology into Amazon Echo through which it will be able to recognize hand gestures, type of food, and even the clothes being worn. In India, in 2019 the total number of smartphones users are 502.2 million which increased from 2017 which was 468 million users and the smartphones market is expected to gain 859 million users by 2022. Regional manufacturers are being encouraged to produce innovative and advanced products with customer interest to accept and adopt emerging technology which is expected to drive the market.

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Global Smart Speakers Market

Related Reports:-

Global Smart Speakers Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

Global Smart Speakers Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Global Industrial Robots Warehousing and Storage Robots Market

 Major players in the industrial robots market are ABB, Amazon, Yaskawa Electric Corp, Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc., Fanuc Corp, Bastian Solutions, and Yamaha Robotics.

The global industrial robots market is expected to decline from USD 3.39 billion in 2019 to USD 3.05 billion in 2020 at a compound annual growth rate (CAGR) of -10.0%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach USD 4.66 billion in 2023 at CAGR of 15.23%.

The industrial robots in warehousing and storage market consist of sales of the automated robots, systems which are used in warehouse and related services. Warehouse and storage robots perform various tasks, automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lift and arrange heavy products that are to be stored in racks or given spaces.

North America was the largest region in the industrial robots market in 2019. Asia Pacific is expected to be the fastest growing region in the forecast period.

The picking process in the warehouse is increasingly being automated with increased demand in E-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings it to a central location, where an employee can fulfil orders fast. For instance, In 2018 ,Ocado, a British supermarket started using a grid of picking robots in the warehouse that picks the ordered items and delivers into crates, which are moved onto conveyors and is carried to shelves where an employee picks the crate and delivers the order to the customer helping in delivering the groceries fast.

The industrial robots market covered in this report is segmented by product type into mobile robots; articulated robots; cylindrical robots; scara robots; parallel robots; cartesian robots. It is also segmented by function into pick & place; palletizing & de-palletizing; transportation; packaging and by application: e-commerce; automotive; consumer electronics; food & beverage; healthcare; others.

The high costs of the industrial robots limits the growth of the market. Industrial robots are capital intensive due to the use of the latest technology and sensors to operate efficiently and should withstand the weights. The cost of the setup for a warehouse operation of 50-100 robots costs between USD 2 million to 4 million which is a high investment. This high cost of robots is prevents the easy adoption of industrial robots, limiting the growth of the market.

In April 2019, Amazon has acquired Canvas Technology based in Boulder, USA for an undisclosed amount. The deal adds another important piece to amazon's robotics group portfolio of fulfilment of center machines. The canvas autonomous cart utilizes 3D imaging and software solutions that can be applied to other hardware. Canvas Technology is an autonomous warehouse robotic start up.

Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The increase in movement of goods is due to the boom in the E-commerce industry and their commitment of shortest-time delivery. Industrial robots are used to speed up the process in warehouses and storage industry. For instance, shopify started using warehouse robots in 2019 to reduce the delay in the movement of goods in the warehouse, increasing the speed of the delivery. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market.

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Future Growth of Global Telemedicine Services Market: Ken Research

 Major players in the telemedicine services market are AMD Global Telemedicine, Inc, Philips Healthcare, Cisco Systems, Inc, McKesson Corporation, Allscripts Healthcare Solutions Inc., GE Healthcare Ltd., Cerner Corporation, Biotelemetry, Inc, and Teladoc.

The global telemedicine services market is expected grow from USD 39.3 billion in 2019 to USD 48.3 billion in 2020 at a compound annual growth rate (CAGR) of 23.0%. The growth is mainly due to the lockdown across countries owing to the COVID-19 outbreak and the preference for contactless medical services. The market is then expected to stabilize and reach USD 78.3 billion in 2023 at CAGR of 17.4%.

The telemedicine services market consists of sale of telemedicine services and related products. Telemedicine services are health care services provided via video chat, phone calls, text messages. Patients can use telemedicine for physical examination as well as to ask questions regarding health concerns.

North America was the largest region in telemedicine services market in 2019.

Telemedicine is increasingly being accepted and insurance companies and government-regulated health care programs are increasingly covering telemedicine services in their plans. The governments are probing companies to make changes to the policies to cover the services under their schemes. For instance, in March 2020, in response to the corona virus outbreak, the USA government announced that private insurers will be covering the cost of coronavirus testing and telemedicine services for patients.

The telemedicine services market covered in this report is segmented by technology outlook into store and forward; real time and by application into teleradiology; telepsychiatry; telepathology; teledermatalogy; telecardiology.

Breach in the data makes the patients uncomfortable on sharing personal information that would help the physicians to diagnose the patients' health, affecting the telemedicines market negatively. Telemedicine services are provided online or through calls and might not have much security for storing the data, or in some cases the telemedicine companies may use third-party servers to store the customer data to cut down the maintenance cost, which might lead to easy data breaches. For instance, in 2018, the USA has reported around 31.6 million healthcare records breached. Protenus' Breach Barometer in the first six months of 2018 recorded around 15.1 million breached records by hackers. Breaches are potential threats to the telemedicine services industry hampering the growth of the market.

In March 2019, Teladoc health, a leading virtual care provider announced plans to acquire MedecinDirect for undisclosed amount. This acquisition will expand the geographical presence of Teladoc Health and help cover more patients in France. MedecinDirect is a leading telemedicine service provider in France.

Rising cases of COVID-19 infections across the globe is driving the telemedicine services market. According to WHO, the number of cases around the world is around 2.7 million, and is increasing. Telemedicine services will provide healthcare services to the affected people as they cannot step out to avail the services. Rising cases of COVID-19 infections across the globe boosts the demand for the telemedicine services market.

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Global Telemedicine Services Market

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Global Robotic Surgery Devices Market Research Report: Ken Research

 Major players in the robotic surgery devices market are Intuitive Surgical (US), Stryker (US), Medtronic (Ireland), Smith & Nephew (UK), Trans Enterix (US), Mazor Robotics (US, Medrobotics (US), Accuray (US), and THINK Surgical (US).

The global robotic surgery devices market is expected to decline from USD 5.04 billion in 2019 to USD 4.84 billion in 2020 at a rate -3.91%. The decline is mainly due to the Covid-19 outbreak resulting in other patients delaying their episodes of care. The market is then expected to stabilize and reach USD 7.71 billion in 2023 at CAGR of 16.81%.

The robotic surgery devices market consists of sales of robotic systems, instruments and accessories and services related to the robotic surgery devices market. Robotic surgery devices are advanced surgical devices compared to traditional laparoscopic surgery devices. These devices are used for Minimally Invasive (MI) surgeries in the eye, brain, heart and other parts of the body. These robotic surgery devices can be applied in Gynecological, Neuro, Orthopedic, and general surgeries. The robotic surgery devices are more cost-effective and introduced to reduce complications, Pain, reoperations, etc.

North America was the largest region in the robotic surgery devices market in 2019. Asia-Pacific is expected to be the fastest growing regions in the forecast period.

The advances in surgical products and technologies in the health care industry are creating more opportunities in the robotic surgery devices market. Increasing investments in R&D is helping investors to create value for the customers by producing medical-surgical products like robotic surgery devices by using the latest technologies. With the use of robotic systems that are equipped with optical imaging, surgical tools, instruments, and accessories, the surgeries are made easier. Some of the surgical advances that are creating more value and opportunity in the healthcare industry include 3-D high definition endoscope (Multi-Angle Rear-Viewing Endoscopic tool) devices for Brain surgery, Smart surgical glasses (equipped with a video camera and Head-mounted monitor) that act as computers and can used for live observation of surgeries, surgical robots with artificial intelligence that acts as doctors, and humanoid robots which are used for highly critical surgeries in eye and brain. The other advanced surgical tool is remote robotics, which is used to assist with surgery from any remote location. Therefore, the robotic surgery devices are playing an important role in the healthcare industry with their technological advancements and innovations.

The robotic surgery devices market covered in this report is segmented by product and service into robotic systems, instruments & accessories, services and by surgery type into urological surgery, gynecological surgery, orthopedic surgery, neurosurgery, other applications.

Expensive robotic surgery is hampering the robotic surgery devices market. Robotic surgery is comparatively more expensive than other traditional ways of surgeries as it is associated with a lot of complications, requires highly trained senior doctors to operate robotic systems/instruments, complex technical operation, and maintenance. A single robotic system costs around USD 2 million and the surgery costs about a range of USD 3000-USD 6000. The annual maintenance cost of robotic surgery devices usually costs between USD 100,000-USD 170,000. The largest robotic surgery device manufacturer Intuitive Surgical supplies the single-use or disposable surgical tools used for robotic arms for surgeries. This is one of the reasons that robotic surgeries are more costly. The huge cost associated with robotic surgeries is therefore hindering the market growth.

In July 2019, Intuitive Surgical Inc. is an American corporation that develops, manufactures, and markets robotic products that have acquired Scholly Fiberoptic's robotic endoscope business. Scholly Fiberoptic is a major player in the visualization systems for Minimally Invasive (MI) diagnostic and surgical applications. This acquisition integrated Scholly's robotic endoscope manufacturing line, and two Scholly sites into some of the Intuitive operations which are the robotic-related manufacturing line from Denzlingen (Germany) , the manufacturing site in Biebertal (Germany) and the repair site in Worcester, Mass (USA). The acquisition's main aim is to strengthen the Intuitive's supply chain and increase its manufacturing capacity for visualization products to advance healthcare.

The rise in demand for minimally invasive technology is driving the robotic surgery devices market. Minimally Invasive (MI) surgery devices are equipped with imaging and catheter technologies that can be easily inserted into any parts of the body. Robotic surgery procedures are usually associated with minimally invasive surgeries. These technologies are mainly used for Heart, Laparoscopy, Orthopedic, Gynecological, and Urological surgeries. Robotic surgeries were introduced to reduce patient hospital length of stay (LOS), pain, complications, return to work time, and reoperations. According to the Intuitive Surgical company report, there is a 24% growth year on year for instruments and accessories. For robotic systems, the company has gained 16% growth and overall robotic surgery devices market is growing at a rate of 13% -16%. The Intuitive Surgical company estimates that more than 1.2 million surgical procedures were done by using their robotic systems. Consumer preferences are changing and hospitals are adopting robotic surgery devices to create more value and cost-effective surgical procedures.

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Global Robotic Surgery Devices Market

Related Report:-

Global Robotic Surgery Devices Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Global Woodworking and Paper Machinery Market

 Woodworking & paper machinery market comprises of the sales of woodworking & paper machinery by entities that produce sawmill & woodworking machinery such as planning machinery, circular & band sawing equipment, and sanding machinery.

Woodworking machinery is characterize as the machinery, which is used to process the wood and perform a variety of operations on raw wood materials and convert them into the desired finished products. These machines are basically used in small-scale commercial production units that are primarily focused on timber products. Woodworking machines are basically divided into two categories: stationary machines and non-stationary machine. In stationary machine, the material is moved on the machine in the desired shape whereas in non-stationary machine, the material is fixed and machine is moved on the material to get desired product. The finished products may be windows, slabs, doors, boards and many others.

As per analysis, “Woodworking And Paper Machinery Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global woodworking & paper machinery market include Adidas; Dream International Limited; Integrity Toys Inc; LEGO Group; JAKKS Pacific Inc and among others.

Based on type, woodworking & paper machinery market is segmented as woodworking machinery and paper industry machinery. Based on machine type, market is segmented as pressing machines, sizer machines, drying machines, forming machines and others. Based on operation type, market is segmented as manual operation, semi-autonomous operation and autonomous operation. Based on capacity, market can be categorized as large, medium and small. In addition, based on paper industry machinery, market is segmented as paper & paperboard machinery, pulp making machinery and paper & paperboard converting machinery.

Growth in adoption of automated woodworking machines, followed by rise in demand for built wooden houses, and growth in focus of customers to replace old furniture & rehabilitate their office/house are some major factors, which are responsible for growth of woodworking & paper machinery market. Apart from this, high prices of timber and decrease in wood supply are major hindering factors for market. Moreover, rise in investments in automation, growth in requirement for innovative & automated woodworking machinery and launches of new & advanced equipment are leading opportunities for market.

By geographic analysis, the Western-Europe region holds major share in global woodworking & paper machinery market owing to rise in demand for furniture & craft coupled with expansion of construction industries in developing countries across the region. The Asia-Pacific and North-America regions are estimated to witness higher growth rate due to increase in preference of residents toward superior esthetic appearance of their building structure and rise in number of commercial and residential buildings to meet the demand of customers over the forecast period. It is projected that future of the global woodworking & paper machinery market will be bright as a result of rise in preference for automation & woodworking machines to manufacture a variety of products that are attractive, and enhance overall efficiency & productivity during the forecast period.

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Global Woodworking and Paper Machinery Market

Related Reports:-

Woodworking and Paper Machinery Manufacturing Global Market Forecast To 2022

Woodworking and Paper Machinery Manufacturing Global Market Report 2019

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COVID 19 Impacts on Australia Pharmacy Retail Market| Ken Research

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How Is The Australia Pharmacy Retail Market Positioned?

Market Overview: Australian Pharmacy Retail market in terms of revenue increased at a single digit CAGR over the review period 2015-2020. The market was observed to be at growth stage owing to growing intensity of competition among the Major Pharmacy Chains & Banner Groups in the market in terms of wide product offering and Value Added Services.

The Pharmacy Retail industry in terms of No. of Pharmacy Stores has grown at a CAGR of ~% during the period 2015-2020. Growth in industry driven by Services such as Online Consultations, E-Prescriptions & per capita Health Expenditure of individuals in the country.

Australia has approximately ~ community pharmacies, ~ pharmacy chains and ~ thousand pharmacists. In addition to that, Pharmaceutical Benefits Scheme by Government has helped patients in getting affordable medicines at pharmacy stores. >~% of Pharmacies in Australia has achieved quality accreditation thereby providing Quality Services to Australians. Community Pharmacies are the most accessible health destination, with >~ million individual patient visits annually. A person visits a pharmacy 18 times each year, in metropolitan, remote & rural locations in Australia.

Australia Pharmacy Retail Market Segmentation

By Market Structure: Pharmacy Chains in the industry dominated the revenues & No. of Stores in pharmacy retail market in Australia in 2020. Pharmacy Chains has established strong presence across all the regions in Australia that resulted in higher footfall of customers at these outlets.

By Type of Pharmacies: Community Pharmacy dominates the market in terms of Number of Stores, followed by discount pharmacies in the country in 2020. Prescribed, OTC and Non-Pharma Products were the major categories being demanded at community Pharmacies.

By Product: Prescribed Medicines dominated the market in terms of Revenue largely due to the higher costs of such medicines in 2020. Among the other product categories, Over-The-Counter and Non Pharmaceutical Products were consistently growing in terms of Revenue Share. Medical Equipments being the last category showed stable growth over the years in the country.

Demand for Non-Pharmaceuticals and OTC is consistently growing in Pharmacy Chains Stores whereas Prescribed Drugs & OTC are generally purchased by the customers from the Independent Stores. Amidst the COVID-19 crisis, Over the Counter Medicines saw a significant increase in percentage in terms of market share in the product category.

By Therapeutic Class: Cardiovascular and Anti-Infective dominated the market in terms of revenue followed by CNS and Vitamins/Minerals and Nutrients in 2020 majorly due to the number of cases and medicine dispensed over the last 5 years.

By Drug Type: Generic Drugs dominated the market in terms of revenue largely due to their affordability and availability to the customers in their nearby stores. On the other hand, patented drugs in the market are generally being recommended by the doctors and are usually taken for chronic diseases.

By Region: New South Wales and Victoria accounted for more than ~% share in terms of revenue and Number of Stores in 2020. Region dominated as a result of major number of locations in these regions, higher number of Pharmacists and also because of High population in the region.

Market Competition

Competition in Pharmacy Retail Market in Australia is moderately concentrated with support from Banner Groups in terms Supplies and other Technology related Backups. Pharmacy Chains are scattered across multiple regions in Australia. Top 3 players capture ~% share in the overall Industry Revenue and in terms of Number of Stores. Players in Pharmacy Retail Space competing on the basis of Number of Customers in a day, Average Basket Size, Number of Products Offered, Type of Services, Geographical Locations, Number of Stores, Online Presence, Home Delivery, Value Added Services etc.

Australia Pharmacy Retail Market Future Outlook and Projections

Over the forecast period, Australia Pharmacy Retail Market is expected to reach ~AUD Mn i.e. with a CAGR of ~% in terms of Revenue as a result of expected Growth in Proportion of Population More than 60 Years old, Growing per capita health expenditure, number of Pharmacy Stores, growth in customer footfall, Growth in Number of Insured Patients, Tele consultations and E- Prescriptions.

In addition to that Growth in Healthcare Expenditure along with multiple strategies implemented by Pharmacies such as opening of store for 24/7 will complement the Revenue Growth in the industry. Market in terms of Number of Pharmacy Stores and Revenue will witness a single digit growth rate in future.

The market in terms of Number of Stores is anticipated to reach with a CAGR of ~% during 2020-25.

Australia Online Pharmacy Landscape

Online Pharmacy Market in Australia is growing over the years & has increased significantly as a result of increased confidence in online shopping, as lockdown restrictions forced consumers online, is also expected to have boosted demand for industry operators.

Key Segments Covered: -

By Market Structure (Number of Pharmacy Outlets & Revenue in AUD Mn.)

Organized

Prescribed Drugs

Over-The-Counter

Non Pharmaceutical Products

Medical Equipments

Unorganized

Prescribed Drugs

Over-The-Counter

Non Pharmaceutical Products

Medical Equipments

By Product Sales (Revenue in AUD Mn)

Prescribed Drugs

Over-The-Counter

Non Pharmaceutical Products

Medical Equipments

By Type of Pharmacies (Number of Pharmacy Outlets)

Community Pharmacies

Discount Pharmacies

Hospital Pharmacies

By Drug Type (Revenue in AUD Mn)

Patented Drugs

Generics

By Region

New South Wales

Victoria

Queensland

Western Australia

South Australia

Tasmania

Others

By Therapeutic Areas

Anti-Infective

Cardiovascular

Central Nervous System

Pain/Analgesics

Vitamins/Minerals/Nutrients

Antibiotics

Respiratory

Gastro Intestinal

Gynaecology

Others

Australia Pharmacy Market Companies Covered

Priceline Pharmacy

Terrywhite Chemmart

Chemist Warehouse

Advantage Pharmacy

Amcal Pharmacy

Discount Drug Stores

My Chemist

Guardian Pharmacy

Direct Chemist Outlet

Healthsave Pharmacy

Blooms the Chemist

Pharmacy4less

Pharmacy777

Pharmasave

Star Pharmacy

Capital Chemist

Pharmacist Advice

Soul Pattinson Chemist

Good Price Pharmacy

Ramsay Pharmacy

National Pharmacies

Cincotta Discount Chemist

Wizard Pharmacy

Wholelife Pharmacy

Chemist King

Pharmacy Information System (PIS) Software Companies

FRED ID

Minfos

RxOne

Posworks

Mountaintop Solutions

Simple Retail

Corum Health

Zsoftware

Key Target Audience

Pharmaceutical Manufacturing Companies

Pharmacy Retail Companies

Independent Pharmacies

Industry Associations

Regulatory Bodies

Telemedicine Companies

Pharmaceutical Distributors & Wholesalers

Time Period Captured in the Report:-

Historical Period: 2015-2020

Forecast Period: 2021-2025

Key Topics Covered in the Report: -

Overview of Australia Pharmacy Retail Market

Trends and Growth Drivers in the Industry and Challenges Faced

Australia Pharmacy Retail Market Size and Segmentations, 2013 - 2019

Ecosystem and Value Chain of Pharmacy Retail Market in Australia

Distributors & Wholesalers Landscape in Australia Pharmacy Retail Market

Industry SWOT Analysis

Australia Online Pharmacy Landscape

Pharmacy Information System Software Landscape

Case Study- Pharmacy Banner Groups

Telemedicine & Online Consultations Snapshot

Contraceptive Demand among Customers in Australia

Cross Comparison between Major Players and Company Profiles

Future Market Size and Segmentations, 2020P-2025F

Covid-19 Impact on the Industry & the Way Forward

Analysts’ Recommendations

For More Information on the research report, refer to below link: -

Australia Pharmacy Retail Market Analysis

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Indonesia Pharmacy Retail Market Outlook to 2025 By Market Structure (Organized & Unorganized); By Region (West Java , East Java , Central Java , Jakarta , North Sumatra & Others); By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products & Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)

Thailand Pharmacy Retail Market Outlook to 2025 - By Market Structure (Organized & Unorganized Segment); By Region / Cities (Bangkok & its Vicinity, Central, South, Northeast, North, Eastern & West); By Product Categories (Prescribed, OTC, Non-Pharmaceutical Products and Medical Equipment); By Therapeutic Areas; and By Product Type (Patented & Generic Drugs)

Malaysia Pharmacy Retail Market Outlook to 2025- By Market Structure (Organized & Unorganized), By Location (Mall Based & High Street), By Product Sales (Prescribed Drugs, Generics, Non Pharmaceutical Products, Medical Equipments), By Drug Type (Patented & Generics) and By Therapeutic Class

Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Global DSP Digital Signal Processor Market, Global DSP Digital Signal Processor Industry: Ken Research

The Digital signal processors are dedicated microprocessor chips designed to perform mathematical operations such as additions, subtractions, multiplications, and divisions at great speed with minimal energy consumption. The Digital signal processor (DSP) takes the real-world signals such as voice, audio, video, pressure, and temperature and manipulates them so that the information they comprise can be displayed, analyzed, or converted in a form of signal of utilization. These microprocessors are found in devices such as headphones, smartphones, and vehicle entertainment systems.

According to the report analysis, ‘Global DSP Digital Signal Processor Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use’ states that Freescale, Fujitsu, Texas Instruments, Amptek Inc., Wolfson Microelectronics, Broadcom, Cirrus Logic, CML Microcircuits, Conexant, Zilog, FURUKAWA ELECTRIC, IC-Haus, Microchip Technology, Microsemi, Mindspeed, NTT Electronics, NXP Semiconductors, ON Semiconductor, Swindon Silicon Systems, Tensilica and many more are the foremost companies which recently functioning more actively for leading the highest market growth and dominating the handsome value of market share around the globe in the present duration while decreasing the associated cost, improving the qualitative and quantitative measures of such, employing the young and active personnel, establishing the several research and development programs, analysing the strategies and policies of the government as well as corporates, implementing the policies of profit making and enlargements, spreading the awareness connected to the applications and specifications of such and advancing the applications along the benefits of such.

In addition, DSP is utilized in computers to control security, in communication amenities, home theatre systems, and video compressions as it delivers the better control accuracy, signal processing algorithms, and relaxed storage in magnetic media without damage of excellence of signal. This technology is not effortlessly replaceable as digital circuits can be produced on chips at a comparatively little cost. DSPs are designed for repetitive and mathematically complex jobs with commanding data path and can move large data to and from any memory speedily. Such features show that the digital signal processor market is projected to undergo a significant growth during the coming years.

Currently, the worldwide urbanization has led to the growth in requirement for technologically improved digital signal processor entrenched devices with developments in wireless technologies. Augmented the integration of DSP chips in customer electronics such as smartphones, printers, set-top boxes, and computers improves sale of these embedded devices. In addition, growth in the data traffic, extensive utilization of technologies such as IP (internet protocol), and cameras for video surveillance are projected to propel the digital signal processor market growth on a worldwide level. Nonetheless, shortage of skilled workforce in the core electronics segment, complexity in designing and programming complex architecture of DSP, growth in cost of raw materials, fresh technology improved by competitors, and currency fluctuations in several markets are some aspects that restrain or limit the digital signal processor market growth. Furthermore, improvements in electronics and semiconductor industries have come up with low-cost hardware with proficient performance and capability, thus building the high performance communication systems and demonstrating the new pathways for the market growth.

For More Information, refer to below link:-

Global DSP Digital Signal Processor Market

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

We Conduct Customer Satisfaction Surveys to Analyze Customer Choices and Observations | Ken Research

 

Customer Satisfaction Survey

Ken Research is a market research company that provides strategic consultancy to help customers on critical business perspective: organization, operations, strategy, marketing, technology transformation, advanced analytics, mergers & acquisitions, corporate finance and sustainability across all industries & geographies. Using surveys in the market research allows collecting insights throughout the product or marketing lifecycle. Market Research Surveys assist any organization’s access critical information & features like desirable product or service attributes, likelihood of using a specific product or service, proposed frequency of use, effectiveness of marketing & advertising strategies, and the degree to which a product/service effectively meets the needs of a target group. Market research surveys also assist drive development of any company’s products or services, improve profit margins, facilitate strategic development, and help guide organizational change.

Customer Satisfaction Survey is a fundamental tool used by customer service teams to measure the customer’s overall satisfaction. This type of survey is basically a customer experience survey, which is used to gauge customers’ requirements and understand problems with products or services. It consists of two components: external customer satisfaction survey and internal customer satisfaction survey. The main aim of external customer satisfaction survey is to determine the customer satisfaction levels based on the categorization of Authority’s external customers. External customers included Licensees, suppliers, consumers, and partners/affiliate. Additionally, the main aim of internal customer satisfaction survey is to determine the extent to which employees are satisfied with services offered by other departments. To develop a customer satisfaction survey, there are two types of measurement surveys: transactional survey and relationship survey. Transactional survey evaluates recent customer transactions with business whereas the relationship survey focuses at higher, more emotional level, asking questions about overall customer satisfaction, repurchase the intent, and willingness to recommend the business to others. Customer satisfaction surveys frequently have transactional & relationship elements in the similar survey, so they are not reciprocally exclusive. Apart from this, online survey is a most common method of collecting client satisfaction data, which is primarily divided into two types: qualitative data (related to abstract concepts like emotions and expressions) and quantitative data (quantified and used to generate statistical reports).

Customer Satisfaction Survey reveals lots of valuable information. Some important benefits are provide data on inactive leads, reveal company/product/service weak points, provide information to improve the customer targeting, identify most loyal customers and makes them dedicated to our brand, offer insight into improving conversion rates, reveal customer engagement levels to improve retention and provide data on product or service customer satisfaction etc.

Our customer satisfaction survey uses best-practice metrics like Customer Effort Score (CES), Net Promoter Score (NPS), and other key performance indicators (KPIs). Our Customer Product Satisfaction Survey encourages our clients & customers to give you critical feedback on important business issues such as pricing, customer service satisfaction, overall satisfaction, timeliness of delivery, interest in new product & services, brand perception, product-specific satisfaction, return & exchange process satisfaction and others.

We use customer satisfaction surveys to understand better how happy clients are with a certain product or service. Some important customer satisfaction surveys that lead to better business include product satisfaction survey, customer support satisfaction survey, sales satisfaction survey, event satisfaction survey, website & checkout satisfaction survey and overall satisfaction survey.

For More Information, refer to below links: -

Customer Satisfaction Survey Report

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249