Growing Requirement of Re-Insulation of Older Buildings and Energy Conservation Is Anticipated To Push Market Toward Rapid Growth

The global Active Insulation Market is expected to reach USD 357.8 million by 2025, according to a new report by Grand View Research, Inc. Globally, increasing demand for insulation in building & construction has been a major factor driving growth. In addition, growing demand for activewear and sportswear for activities such as cycling, yoga, workouts and sports is also expected to enhance the industry growth.

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Europe emerged as the largest regional segment accounting for 34.1% of total market volume share in 2016. This can be attributed to the favorable government regulations regarding use of active insulation in building applications in the region. Asia Pacific is anticipated to emerge as the fastest growing regional segment with a CAGR of 6.3% over the forecast period. Product demand in the region is majorly attributed to the increasing utilization of active insulation technology in the production of active wear and sportswear in countries like China and India.

Active wear emerged as the largest application category and accounted for 57.7% of the total revenue of the textile segment in 2016. Product demand in active wear is expected to witness a comparatively high growth rate over the forecast period.

Glass wool emerged as the leading product segment in building & construction segment in 2016, growing with a CAGR of 4.7% from 2017 to 2025. Being a mature market the North America region has witnessed stable growth in most of the application segments. New construction projects and employment of energy efficiency plans is likely to initiate industry rivalry in the region.

Access Full Research Report on Active Insulation Market: http://www.grandviewresearch.com/industry-analysis/active-insulation-market

Further key findings from the report suggest:

  • The global active insulation demand exceeded 117 kilo tons in 2016 and is expected to grow at a CAGR of 5.0% from 2017 to 2025
  • Polyester emerged as the largest textile product segment in 2016 and is estimated to generate revenue worth over USD 54 million by 2025
  • Global EPS demand in building & construction was USD 48 million in 2016 and is anticipated to witness staggered growth over the next eight years
  • The U.S. active insulation demand in sportswear application was over 2.9 kilo tons in 2016 and is estimated to witness moderate growth rate from 2017 to 2025
  • Product demand in North America is projected to witness substantial growth and is expected to exceed USD 113 million by 2025
  • Key players including PrimaLoft, Inc., Polartec, Economical Building Systems dominated the global active insulation market while accounting for over 65% of the total market share in 2016

Read Our Blog: http://www.grandviewresearch.com/blogs/advanced-materials

Grand View Research has segmented the global active insulation market on the basis of product, application, and region:

Active Insulation Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 – 2025)

  • Textile
    • By Product
      • Polyester
      • Cotton
      • Wool
      • Nylon
    • Building & Construction
      • By Product
        • Glass wool
        • Mineral wool
        • EPS
        • Others

Active Insulation Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 – 2025)

  • Textile
    • By Application
      • Activewear
      • Sportswear
      • Others
    • Building & Construction
      • By Application
        • Residential
        • Commercial

Active Insulation Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 – 2025)

  • North America
    • US.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
  • Middle East & Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-active-insulation-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Software enables organizations to function with transparency, increases productivity, and enables decision making to fueling growth of ERP Software Market

The Global ERP Software Market is anticipated to witness tremendous gains over the next seven years on account of its increasing application in defense & aerospace, retail, and government utility sectors. The software enables organizations to function with transparency, increases productivity, and enables decision making. The industry is expected to be worth USD 48.22 billion in 2022.

erp-software-market

ERP software as a finance function facilitates management of different financial activities including cash flow management, asset management, accounting, and investment. Finance was the largest segment of the market contributing to over 22.0% of the share in 2014 and is estimated to grow at a CAGR exceeding 7.0% from 2015 to 2022.

Human resource is likely to be the fastest growing functional segment owing to rapid organizational development and expansion. Automated HR processes are also expected to drive growth.

Browse Full Research Report on ERP Software Market: http://www.grandviewresearch.com/industry-analysis/erp-software-market 

On-premise ERP software deployment model accounted for over 60.0% of the total revenue in 2014, owing to the various benefits offered including high data security and continuous control in the organizations, thereby reducing the dependency on third party vendors. The market was valued at USD 17.01 billion in 2014. Cloud deployment was the second largest segment in 2014 owing to the introduction of mobile devices coupled with lower infrastructure requirements.

Manufacturing & services were valued at USD 5.11 billion in 2014, capturing over 15.0% of the revenue share in 2014. This segment utilizes ERP software for a broad range of business activities including customer services, inventory management, production scheduling, day-to-day performance management, daily operations monitoring and inter-departmental collaboration. Government utilities are expected to capture a significant share due to rising adoption of IT infrastructure.

Medium-enterprises were the largest end-users, accounting for over 40.0% of the global share in 2014, owing to the factors including minimized production costs, increased operational efficiency, and timely product delivery. Stringent government regulations and compliances in organizations have augmented market demand thereby, achieving high productivity and reduced complexity.

North America contributed to over 40.0% of the revenues in the global industry and was valued at USD 11.33 billion in 2014. Increasing technological advancements and rising adoption of ERP software in the finance function by the enterprises in the region to achieve transparency in financial transactions is expected to augment the market demand.

Europe and Asia Pacific are projected to register a speedy growth in the ERP software market owing to the mounting number of enterprises and booming manufacturing industry. Government initiatives, particularly in the emerging economies of Asia Pacific for implementing IT infrastructure are expected to augment the market demand over the forecast period. Key players present in the industry includes IBM Corporation, Oracle Corporation, SAP SE, Sage Group Plc, Syspro, Unit4, Microsoft Corporation and NetSuite Inc.

Read Our Blog: http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the global ERP software market on the basis of deployment, functions, verticals, end-user and region:

Global ERP Software Deployment Outlook (Revenue, USD Million, 2012 – 2022)

  • On-premise
  • Cloud

Global ERP Software Functions Outlook (Revenue, USD Million, 2012 – 2022)

  • Finance
  • Human resource (HR)
  • Supply chain
  • Others

Global ERP Software Verticals Outlook (Revenue, USD Million, 2012 – 2022)

  • Manufacturing & services
  • BFSI
  • Healthcare
  • Retail
  • Government utilities
  • Aerospace & defense
  • Telecom
  • Others

Global ERP Software End-User Outlook (Revenue, USD Million, 2012 – 2022)

  • Large enterprises
  • Medium enterprises
  • Small enterprises

Global ERP Software regions Outlook (Revenue, USD Million, 2012 – 2022)

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-erp-software-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Artificial Intelligence Market is expected to growing at a CAGR of 57.2% from 2017 to 2025

The global Artificial Intelligence Market is expected to reach USD 35,870.0 million by 2025 from its direct revenue sources, growing at a CAGR of 57.2% from 2017 to 2025, whereas it is expected to garner around USD 58,975.4 million by 2025 from its enabled revenue arenas, according to a new report by Grand View Research, Inc.

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Artificial Intelligence (AI) is considered to be the next stupendous technological development, alike past developments such as the revolution of industries, the computer era, and the emergence of smartphone technology. The North American region is expected to dominate the industry due to the availability of high government funding, the presence of leading players, and strong technical base. Advances in image and voice recognition are driving the growth of the artificial intelligence market as improved image recognition technology is critical to offer enhanced drones, self-driving cars, and robotics. The AI market can be categorized based on solutions, technologies, end use, and geography.

The two major factors enabling market growth are emerging AI technologies and growth in big data espousal. The growing prominence of artificial intelligence is enabling new players to venture into the market by offering niche application-specific solutions. Furthermore, companies are also engaging in industry consolidations in a bid to gain competitive advantages. For instance, in January 2017, Microsoft Corporation acquired Maluuba for advancing in the deep learning and Artificial Intelligence (AI) landscape. Existing solution providers are innovating their product portfolio to include both hardware and software solutions.

The Asia Pacific regional market is expected to be the fastest-growing market, owing to the rapid improvements in information storage capacity, high computing power, and parallel processing, which have contributed to the swift uptake of artificial intelligence technology in end-use industries such as automotive and healthcare.

AI has the potential to reduce the burden on clinicians and provide an efficient tool to workforces for accomplishing their tasks in a better way. For instance, AI voice-enabled symptom checkers can better access a situation and assist patients to the emergency department when immediate treatment is required. AI is expected to resolve around 20% of unmet healthcare demands.

Browse Full Research Report on Artificial Intelligence Market:  http://www.grandviewresearch.com/industry-analysis/artificial-intelligence-ai-market

Further key findings from the report suggest:

  • Growth in the volume of data being generated from different end-use industries is expected to provide traction to the technology adoption
  • The increasing adoption of image and pattern recognition in the Asia-Pacific region is expected to provide new growth opportunities over the forecast period.
  • The North America region is one of the early adopters of advanced technologies and renders organizations to adopt artificial intelligence capabilities at a faster pace.
  • The increasing amount of digital data (in the form of speech, videos, and images, from different social media sources such as IoT and consumer analytics) is driving the need for data mining and analytics. AI is extensively used by several media and online services such as Google Assistant, dialogue and voice recognition of Siri, Microsoft Cortana, image classification in Facebook & Google Photo, and Amazon’s Alexa.
  • The key industry participants include Atomwise, Inc., Lifegraph, Sense.ly, Inc., Zebra Medical Vision, Inc., Baidu, Inc., H2O ai, IBM Watson Health, NVIDIA, Enlitic, Inc., Google, Inc., Intel Corporation, and Microsoft Corporation.

Read Our Blog: http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the artificial intelligence market based on solutions, technologies, end use, and regions:

Artificial Intelligence Solution Outlook (Revenue, USD Million, 2014 – 2025)

  • Hardware (HW)
  • Software (SW)
  • Services

Artificial Intelligence Technology Outlook (Revenue, USD Million, 2014 – 2025)

  • Deep Learning
  • Machine Learning
  • Natural Language Processing
  • Machine Vision

Artificial Intelligence End use Outlook (Revenue, USD Million, 2014 – 2025)

  • Healthcare
    • Robot Assisted Surgery
    • Virtual Nursing Assistants
    • Hospital Workflow Management
    • Dosage Error Reduction
    • Clinical Trial Participant Identifier
    • Preliminary Diagnosis
    • Automated Image Diagnosis
  • BFSI
    • Risk Assessment
    • Financial Analysis/Research
    • Investment/Portfolio Management
    • Others
  • Law
  • Retail
  • Advertising & Media
  • Automotive & Transportation
  • Agriculture
  • Manufacturing
  • Others

Artificial Intelligence Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • India
    • Japan
  • South America
    • Brazil
  • The Middle East & Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-artificial-intelligence-ai-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Europe Industrial Air Filtration Market is anticipated to be primarily driven by the Enforcement of Occupational Health and Safety Regulations

The Europe Industrial Air Filtration Market is expected to reach USD 1.69 billion by 2020, according to a new study by Grand View Research, Inc. Increasing need for effective and energy efficient filtration systems is expected to positively impact market growth over the forecast period. Low-efficiency filters may result in critical damage to the industrial components owing to which industrial air filters are of paramount importance in several industrial applications.

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Stringent regulations and several government initiatives to limit emissions are expected to be the key forces driving the industrial air filtration market growth over the next few years. Legal enforcements pertaining to occupational health and safety regulations are also expected to fuel market demand. Presently, industrial processes involve high-level complexity of operations and utilize an increasing number of chemical compounds, many of which are highly toxic. The use of such hazardous substances results in gases, particulates, vapors and/or mists at workplace that exceeds safety levels on account of which the industrial air filtration market is expected to witness substantial growth over the forecast period. Furthermore, emergence of high-performance and technology advanced filter-media offer several market growth opportunities.

Browse Full Research Report on Europe Industrial Air Filtration Market: http://www.grandviewresearch.com/industry-analysis/europe-industrial-air-filtration-market

Further key findings from the study suggest:

  • The HEPA filters segment is expected to witness high growth over the forecast period. These filters have the capability to eliminate sub-micron sized particles, droplets and/or contaminants utilizing advanced particle attraction and diffusion techniques. Furthermore, HEPA filters have proven to reduce performance degradation in several applications.
  • The food industry is expected to emerge as a dominant application segment over the next few years. The aim of air filtration in the food sector is to guarantee supply of high-quality filtered air. Regulations pertaining to food safety along with retailer manufacturing standards and codes of practice for high risk food production provide avenues for market growth.
  • Germany emerged as the largest regional market in 2013. Growth across the metal processing and food processing industry is expected to spur market growth over the next six years.
  • Key market players include Donaldson Company Inc., Clarcor Inc, Camfil, Pall Corporation and Cummins Filtration. Manufacturers focus on developing efficient filtration systems along with increased emphasis on development of technologically advanced filter media. Furthermore, companies are increasingly shifting their manufacturing bases to Eastern Europe to lower manufacturing cost.

Read Our Blog: http://www.grandviewresearch.com/blogs/technology

For the purpose of this study, Grand View Research has segmented the Europe industrial air filtration market on the basis of product, application and region:

Industrial Air Filtration Product Outlook (Revenue, USD Million, 2012 – 2020)
    • Dust Collectors
• Mist Collectors
• HEPA Filters
• Cartridge Collectors & Filters
• Baghouse Filters
Industrial Air Filtration Application Outlook (Revenue, USD Million, 2012 – 2020)
    • Cement
• Food
• Metals
• Power
• Pharmaceuticals
• Others
Industrial Air Filtration Regional Outlook (Revenue, USD Million, 2012 – 2020)
    • Germany
• UK
• France
• Italy
• Turkey
• Sweden
• Spain
• Poland
• RoE (Rest of Europe)

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/europe-industrial-air-filtration

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Fiber Optics Market is Set to Become a $9.12 Billion By 2025 with CAGR: 5.2%: Grand View Research, Inc.

The global Fiber Optics Market is expected to reach USD 9.12 billion by 2025, according to a new report by Grand View Research, Inc. The growing necessity of data security in the military & aerospace sector has increased the growth and penetration of this technology. There is a huge demand for fiber optic connectors in the security sector owing to their bandwidth capabilities, inherent security, and protection against signal interference. The growing adoption of the optical technology in medical and aerospace arenas is anticipated to revolutionize the market by 2025.

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Leading players integrate vertically across the entire supply chain to stay ahead in the competition by compensating for inadequacies, increasing revenue, and eliminating competitive scenarios. The upcoming era is expected to witness the adoption of technology in the dynamic application segment that includes railways, architecture & construction, and BFSI, owing to the growing automated high-tech maintenance requisites and escalating importance of data (as an asset).

The growing penetration of technology is encouraging manufacturers and suppliers to invest in research & development for creating better products. As the production and installation of products tend to be quite tedious and costly processes, researchers are focusing on innovating reliable and cost-effective products. Accordingly, production is being optimized by manufacturers worldwide, regulating efficiency and prices to curb alternatives to fiber optics technology.

The market by varied categories of fiber optics includes single-mode, multimode, and plastic optical fibers. Based on application type, the market has been segmented into telecom, oil & gas, military & aerospace, BFSI, medical, railway, and other associated technology applications. The telecom sector is the biggest application sector in terms of size and is subject to regulations imposed by the government and other related regulatory authorities. From the manufacturing of to their application, several regulations are to be followed by manufacturers and suppliers. These regulations vary depending on the additions or innovations in technology.

Browse Full Research Report on Fiber Optics Market:
http://www.grandviewresearch.com/industry-analysis/fiber-optics-market

Further key findings from the report suggest:

  • The multimode segment dominated the overall market in 2015. The multimode technology allows simultaneous propagation of multiple modes of light. This enhances the transfer rate of audio/video applications, particularly in Local Area Networks (LANs).
  • The growing demand for optic cables can be accredited to the rising bandwidth needs across carriers and enterprise networks.
  • Fiber optics has exciting new applications in the medical industry and is mainly used in light conduction and illumination, flexible bundling, and laser delivery systems.
  • The North American region dominated the market and accounted for the largest global market share (in terms of revenue) in 2015.
  • Key industry participants include Corning, Inc. (U.S.), Optical Cable Corporation (U.S.), Sterlite Technologies Limited (India), and OFS Fitel, LLC (U.S.).

Read Our Blog: http://www.grandviewresearch.com/blogs/semiconductors-and-electronics

Grand View Research has segmented the fiber optics market based on type, application, and region:

Type Outlook (Revenue, USD Million; 2014 – 2025)

  • Single Mode
  • Multimode
  • Plastic Optical Fiber (POF)

Application Outlook (Revenue, USD Million; 2014 – 2025)

  • Telecom
  • Oil & Gas
    • Material Sensing
    • High Bandwidth Communications
    • Others
  • Military & Aerospace
    • Secure Communication
    • Weapon System
    • Surveillance System
    • Optical Computing
    • UAV
    • Military Vehicle Sensing
  • BFSI
    • Medical
    • Biomedical Sensing
    • Minimal Invasive Surgery
    • Imaging
      • Endoscopy
      • MRI
      • CT
      • PET
      • X-Ray
      • Others
    • Railway
      • Railway Maintenance
      • Speed Monitoring
      • Dynamic Load Calculation
    • Others

Regional Outlook (Revenue, USD Million; 2014 – 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • South America
    • Brazil
  • MEA

Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-fiber-optics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Endpoint Security Market Is Expected To Witness A Extensive Growth Due to Increasing Adoption of BYOD

The Endpoint Security Market size is expected to reach USD 27.05 billion by 2024, according to a new report by Grand View Research, Inc. The endpoint security market is expected to witness a substantial growth over the forecast period, due to the increasing deployment of various security solutions with rising security risks across several applications including BFSI, IT & telecom, and retail.

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The rising number of enterprise endpoints and mobile devices having access to critical enterprise data have created a huge demand for endpoint security solutions in the market, which is anticipated to drive the market.

Moreover, emerging trend of virtualization is projected to affect endpoint security. Virtualization separates physical systems into several virtual machines, which will require similar endpoint protection as physical servers. Hence, escalating the demand for more efficient and comprehensive solutions over the forecast period.

Several companies in the industry are spending on different technologies to improve capabilities, secure internet protocols, test software and analyze vulnerabilities. The evolution of cloud storage has increased the adoption of cloud-based security services; the as significant amount of data is stored in one place. This has led to increased threat of data breaches and enforcement of various regulations to curb the risk of placing the data on the cloud.

Browse Full Research Report on Endpoint Security Market : http://www.grandviewresearch.com/industry-analysis/endpoint-security-market

Further key findings from the report suggest:

  • The mobile device security segment witnessed revenue share of over 17% in 2015, which is anticipated to grow at a CAGR of nearly 16% over the forecast period. The increasing adoption of BYOD trend have led the employees in organizations to access corporate data on their personal mobile devices. However, it creates security challenges, which requires advanced endpoint security solutions to safeguard sensitive business information resulting in high demand.
  • Enterprises dominated the market in 2015, and is estimated to grow at a CAGR of over 13% from 2016 to 2024. SMBs are also anticipated to witness substantial growth over the forecast period due to the rising adoption such safety solutions to prevent crucial information. Organizations of all sizes are transitioning their business-critical operations and workloads to cloud computing to decrease the burden on their IT support staff, reduce costs and provide advanced services. The increasing adoption of cloud technology have led security vendors to develop cloud-based security solutions on a large scale.
  • IT & Telecom industry dominated the market with the revenue share of nearly 25% in 2015 and is anticipated to witness significant growth over the next eight years. The industry has evolved through significant expansion phase and have stringent legal and information security requirements. Further, rising acceptance of BYOD trend is anticipated to drive the industry demand.
  • Moreover, the BFSI sector offers substantial potential for the market as it is continuously visualizing the regional; instability, terrorism, physical risks, criminal networks and modern threats originating from cyber sabotage and opaque sources. The rising regulation in the finance sector is further contributing towards the industry growth.
  • The North America is estimated to dominate the market with a share of over 32% in 2015 growing at a CAGR of nearly 11% over the next eight years. Asia Pacific regional market accounted for over 19.0% of the global market share in 2015 and is expected to grow with a CAGR of 13.2% over the next eight years. Stringent regulations across Asia Pacific are expected to fuel the demand for efficient endpoint security solutions driving the demand in this region. Countries including China, India, Malaysia and Australia are investing heavily in endpoint security to fight against cyber threats and attacks.
  • The key industry participants include Microsoft Corporation, Kaspersky Labs, Panda Security SL, Symantec Corporation, Sophos Ltd, Cisco, Bitdefender, ESET, IBM Corporation, F-Secure, Intel Security Inc. (McAfee) and Trend Micro Incorporated. The vendors involve in frequent merger & acquisitions to increase their geographical presence and product portfolio to gain competitive advantage.

Read Our Blog: http://www.grandviewresearch.com/blogs/technology

Grand View Research Inc. has segmented the global endpoint security market on the basis of solution, deployment, organization, application, and region:

Endpoint Security Solution Outlook (Revenue, USD Million, 2014 – 2024)

  • Firewall
  • Antivirus
  • Application Control
  • ID/IP
  • MDS
  • Encryption technologies
  • Others

Endpoint Security Deployment Outlook (Revenue, USD Million,2014 – 2024)

  • On-premise
  • Cloud

Endpoint Security Organization Outlook (Revenue, USD Million,2014 – 2024)

  • Enterprise
  • SMBs

Endpoint Security Application Outlook (Revenue, USD Million,2014 – 2024)

  • IT & telecom
  • BFSI
  • Industrial
  • Education
  • Retail
  • Medical
  • Others

Endpoint Security Regional Outlook (Revenue, USD Million, 2014 – 2024)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-endpoint-security-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Rising Demand To Improve The Productivity And Control The Operational Cost Is Expected To Propel The Growth Of Workforce Analytics Market

The global Workforce Analytics Market is expected to reach USD 1.87 billion by 2025, according to a new report by Grand View Research, Inc. The growing concern by the majority of the large enterprises to deal with humongous volume of data pertinent to human capital is anticipated to spur the demand for workforce analytics software application platform over the forecast period. The widespread adoption of human capital information system to enhance profitability of the industry by reducing operational cost also stimulated the market growth.

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Retail industry is anticipated to be the fastest-growing application sector owing to the rising implementation of workforce information system to automate the key human resource related processes. Retail industries are subjected to exhibit multiple issues related to inventory management, in-store product distribution, customer handling, and deployment of sufficient number of resources to the store locations.

The incidence of public and private cloud storage system by the several business entities with respect to various data applications scalability, tool capabilities, and optimum implementation is anticipated to bolster the popularity of cloud storage platform in the field of data analytics. The effective combination of data analytics tool and cloud computing platforms to enhance execution flexibility and agility of the data management system aggravated the demand for the incorporation of cloud management system by the majority of the business enterprises.

Additionally, cloud storage platform also enables the data analyst to optimize linear scalability, database virtualization, work management, and storage optimization. Cloud computing platforms categorically act as a complementary technological paradigm by enabling flexible network access to a shared pool of configurable computing resources with minimal cost to the management.

Browse Full Research Report on Workforce Analytics Market http://www.grandviewresearch.com/industry-analysis/workforce-analytics-market

Further key findings from the study suggest:

  • Consulting services is anticipated to exhibit moderate growth with the CAGR of 16.1% over the forecast period and is anticipated to be valued at USD 660.3 million by 2025. The absence of essential technology infrastructure to deploy flexible and comprehensive data analytics model to track human movement on a real-time basis is anticipated the spur the market growth.
  • The Retail domain is expected to dominate the market accounting for over 23% of the overall revenue share by 2025. The incorporation of workforce analytics platform is expected to ensures optimum allocation of human resources with the minimal operational cost to the organization.
  • Asia Pacific is anticipated to incur the fastest growth with a CAGR of 19.6% over the forecast period. The growth can be attributed to the presence of fastest growing economies such as China, India, and Japan in the region. The widespread deployment of the workforce analytics platform in the BFSI sector to meet the unprecedented demand for customer handling is anticipated to stimulate the market growth.
  • Key players in the workforce analytics market include ADP LLC, Tableau Software., SAP Se, Genpact Ltd., Oracle Corporation and IBM Corporation. The market is highly competitive owing to the presence of numerous solution provider incorporating innovative technologies to offer product differentiation.

Read Our Blog: http://www.grandviewresearch.com/blogs/technology

Grand View Research has segmented the workforce analytics market on the basis of type, services, deployment, application and region:

Workforce Analytics Type Outlook (Revenue, USD Million; 2014 – 2025)

  • Solution
  • Services

Workforce Analytics Services Outlook (Revenue, USD Million; 2014 – 2025)

  • Managed
  • Consulting
  • System Integration

Workforce Analytics Deployment Outlook (Revenue, USD Million; 2014 – 2025)

  • Cloud
  • On-premise

Workforce Analytics Application Outlook (Revenue, USD Million; 2015 – 2024)

  • Healthcare
  • IT & Telecommunication
  • BFSI
  • Manufacturing
  • Retail
  • Aerospace & Defense
  • Others

Workforce Analytics Regional Outlook (Revenue, USD Million; 2015 – 2025)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

Browse Press Release of this Report: http://www.grandviewresearch.com/press-release/global-workforce-analytics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com