AI Recruitment Market Predicted to Reach USD 388 Million By 2027: Global Report from Facts & Factors

AI Recruitment Market New

AI Recruitment Market New

Global AI Recruitment Market expected to reach a value of around USD 388 million by 2027, at a CAGR of around 7.6% between 2019 and 2027.

NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — Facts and Factors Market Research has published a new report titled “AI Recruitment Market By Offerings (Solutions and Services), By End-User (Recruitment Firms and Enterprises), and By Application (Job Campaigning, Process Automation, Candidate Communication & Assistance (Chatbot), and Candidate Screening & Rediscovery): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

According to the report, the global AI Recruitment Market is predicted to be valued at approximately USD 200 million in 2018 and is expected to reach a value of around USD 388 million by 2027, at a CAGR of around 7.6% between 2019 and 2027.

Artificial intelligence is finding lucrative applications across myriad sectors including recruitment. The new machine learning technology can also be employed to improve the efficacy of the recruitment procedure for firms by employing machine-learning and problem-solving methods to locate the best candidates for the post. Furthermore, a plethora of companies are now making use of AI solutions to enhance the speed of the recruitment process and make it more accurate. This new AI technology is devised to simplify or mechanize a component of the recruiting workflow, particularly repetitive tasks, and high-volume jobs.

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(The sample of this report is readily available on request. The free report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis and our research methodology.)

The growing use of AI in online application management of firms to drive the market trends

Artificial intelligence is assisting the firms in the recruitment of the candidates applying online. It helps the firm track the subjects from the database of the recruiting firm through sorting, searching, and analyzing of the data. It also assists the companies to prioritize many resumes and thus help in speeding up the selection of the candidates as well as recruit best-fit candidates.

Furthermore, AI helps in addressing the issues like saving the time of recruiters in screening & interviewing the applicants. Moreover, it assists the firms or recruiters in enhancing the quality of employee hires. Nevertheless, the low presence of personnel in the AI recruitment & low level of awareness about AI recruitment tools can pose a threat to the AI recruitment industry over the forecast period. Moreover, lack of proactiveness displayed by the firms in accepting new technologies by the sourcing & recruitment personnel along with low availability of technically skilled recruiters can hinder the market expansion.

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Services segment to dominate the offerings landscape by 2027 in terms of value

The growth of the segment during the forecast timeline is due to the massive usage of the AI services provided by the vendors for recruiting the candidates either to recruiting agencies or the recruiting firms.

Enterprises segment to contribute majorly towards the overall market revenue share by 2027

The large-scale use of AI recruitment solutions by the enterprise's segment will steer the growth of the segment during the forecast period.

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Process automation to lead the application segment in terms of revenue

The growth of the segment during the forecast timeline is attributed to the favorable features of recruitment process automation through AI such as fast service, enhanced scalability & flexibility, improved cost-savings & productivity, and distinctive insights.

North America to contribute majorly towards the overall market revenue share by 2027

The regional market growth is due to the availability of robust technology infrastructure along with a high presence of AI recruitment software providers in the region.

Some of the key players in the market include Beamery, Brilent, Inc., Entelo, Inc., Gloat, Hackajob Ltd., Harver B.V., Hiretual, Ideal, Jobiak, Leoforce, LLC, Mya Systems, Inc., PandoLogic, Inc., Paradox, RampUp, INC, Recruitment Smart Technologies, Restless Bandit, Inc., TextRecruit LLC, Uncommon, Inc., Vanator, Wade & Wendy, Inc., Woo, and XOR.

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This report segments the AI Recruitment market as follows:

AI Recruitment Market: By Offerings Segment Analysis

Solutions
Services

AI Recruitment Market: By End-User Segment Analysis

Recruitment Firms
Enterprises

AI Recruitment Market: By Application Segment Analysis

Job Campaigning
Process Automation
Candidate Communication & Assistance (Chatbot)
Candidate Screening & Rediscovery

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Source: EIN Presswire

Bankcoin Reserve (BCR) Scores Another Real Estate Transaction

Bankcoin Reserve (BCR) cryptocurrency continues to prove its stability for business purposes

NEW YORK, NEW YORK, USA, February 25, 2020 /EINPresswire.com/ — REAL ESTATE RENTALS USING BANKCOIN RESERVE (BCR)

During January of 2020, a forward thinking landlord responsible for renting apartment units in Australia spoke to the property owner about accepting Bankcoin Reserve (BCR) instead of cash for the rental of an apartment. The owner agreed and the rest is history!

BCR is a stable coin that is becoming very popular in its own right. BCR mines 10% compound interest per annum. The owner of that unit at the Lucca Apartment Complex in New Farm, Australia received a year's rent in advance along with an additional 10% per annum.

And now in February of 2020, a different landlord has accepted BCR for the rental of another apartment located at 35 McDougall Street, Milton, Queensland, 4064 Australia. These apartments are also beautiful, modern.

Renting properties in exchange for a year's worth of Bankcoin Reserve (BCR) is profitable for landlords because BCR yields an additional 10% per annum.

BCR WALLETS ARE MINING ALL OVER THE WORLD!

Bankcoin Reserve (BCR) is being enjoyed the world over by individuals and businesses alike. BCR wallets have been downloaded in Japan, Canada, France, Germany, Italy, United Kingdom, United States, United Arab Emirates, Israel, Ukraine, Indonesia, Singapore, Hong Kong, China, Philippines, Peru, Colombia, Mexico, Bahamas, Seychelles, New Zealand, Australia, Kenya, Ghana, Thailand, Vietnam, India, Jamaica, Latvia and many other countries (a complete list is too long to post here).

Families and businesses are accepting BCR all over the world and its use is affecting their day-to-day lives. BCR is now used to pay for groceries, food, pizza and a myriad of other services from getting ones hair done at a hair salon or the barber or having plumbing services or even house painting services. Many merchants are offering services in exchange for BCR.

Brick-and-mortar businesses accepting Bankcoin Reserve (AUSTRALIA), Bankcoin Global (MEXICO) and sometimes BCR@W (HONG KONG) as well. There are many other businesses using BCR that we are not even aware of in Macau, Germany, France, Hong Kong, Kenya, United Arab Emirates, Mexico, Greece and other countries we are not even aware of yet.

Our customer list grows daily…

Shaune Clarke explains Bankcoin Reserve in PODCAST: https://www.youtube.com/watch?v=YaflFYyFo20

Bankcoin Reserve (BCR) Participates in the Space Race: https://hackernoon.com/nasa-is-exploring-blockchain-bankcoin-reserve-case-study-pw24z42wz?source=rss

Dr. Marsilio, chiropractor accepts BCR in Winter Park, Florida, UNITED STATES https://www.snn.bz/fitness/dr-marsilio-accepts-bankcoin-reserve/

Jill Egizii, former Mayor of Leland Grove, Illinois now dedicates her time to WILD CANINE RESCUE a national 501(C)3 based in Illinois. UNITED STATES. https://www.snn.bz/news/jill-egizii-endorses-and-accepts-bankcoin-reserve/

Sebow Custom Golf Putters designed for your grip, your height, your swing… accepts BCR INTERNATIONAL
https://www.snn.bz/sports/sebastien-cedrych-accepts-bankcoin-reserve-for-custom-putters/

Naowell Abt – Fine Art Photography from Abstract to Nature accepts BCR, lives in FRANCE
https://www.snn.bz/news/naowell-abt-photographer-accepts-bankcoin-reserve/

Exciting Online game KARAOGAME now accepts BCR and BCG – Game is INTERNATIONAL
https://www.snn.bz/news/karaogame/

Michael Byriel, Residential Realtor AUSTRALIA accepts commissions in BCR: https://www.snn.bz/real-estate/michael-byriel-realtor-accepts-bankcoin-reserve-and-bankcoin-global/

Col. David Brenner (Ret.) Commercial Realtor, Winter Park, Florida, UNITED STATES accepts commissions in BCR: https://cbrenner.com

Pastor Jim Kibler Melbourne, Florida, UNITED STATES accepts BCR: https://www.snn.bz/life-style/pastor-jim-kibler-accepts-bankcoin-reserve-for-donations/

The World Harvest Ministries accepts BCR and BCG INTERNATIONAL: https://www.snn.bz/life-style/world-harvest-ministries-accepts-bankcoin-reserve-and-bankcoin-global/

The BIBLE website ThyWord.Global (INTERNATIONAL) accepts BCR and BCG: https://www.snn.bz/life-style/thy-word-global-accepts-bankcoin-reserve-and-bankcoin-global/

Wyith.EDU online Graduate and Undergraduate Degrees HONG KONG accept BCR, BCG and BCR@W: http://wyith.edu

QuitaSSo is a Picasso Art Lover and Enthusiast. This artist currently lives in MEXICO and accepts 50% cash 50% BCR for artwork: https://www.snn.bz/news/quito-quezada-artist-accepts-bankcoin-reserve-and-bankcoin-global/

Space Coast Business Consultancy accepts BCR UNITED STATES https://e3company.com

Stewart and Dena Stewart Artists, Miami Beach, Florida, UNITED STATES accept 50% cash 50% BCR for artwork: http://stewartstewart.us/category/artist/ and http://denastewart.us/category/denas-artwork/

Automotive Consultants Car Dealership in AUSTRALIA accept down payments in BCR and BCG: https://www.snn.bz/business/automotive-consultants-accepts-bankcoin-reserve-and-bankcoin-global/

Kerry’s Creative Cuts Hair Salon AUSTRALIA https://www.snn.bz/business/creative-cuts-hair-salons-accepting-bankcoin-reserve/

Signature Hair Stylists SINGAPORE accepts BCR: https://www.snn.bz/fashion/signature-hairstylists-accept-bankcoin-global-and-bankcoin-reserve/

Ian Jacobs 3 time world champion, personal trainer INTERNATIONAL PUBLIC SPEAKER: https://www.snn.bz/news/former-world-kickboxing-champion-ian-jacobs-accepts-both-bankcoinreserve-and-bankcoinglobal/

The plumber BMP AUSTRALIA accepts BCR: https://www.snn.bz/business/bmp-plumbing-accepts-bankcoin/|

The butcher From Paddock to Plate: AUSTRALIA accepts BCR: https://www.snn.bz/business/paddock-2-plate-butchers-accepting-bankcoin-reserve-and-bankcoin-global/

Platinum Produce AUSTRALIA accepts BCR & BCG: https://www.snn.bz/food/platinum-produce-accepts-bankcoin-reserve-and-bankcoin-global/

The delicatessen AUSTRALIA accepts BCR: https://www.snn.bz/business/village-deli-bongaree-accepts-bankcoin-reserve-and-bankcoin-global/

Black Garlic Grower AUSTRALIA accepts BCR: https://www.snn.bz/business/black-garlic-world-accepting-bankcoin-reserve-and-bankcoin-global/

Barries Galore Store accepts BCR: https://www.snn.bz/business/berries-galore-accepts-bankcoin-reserve-and-bankcoin-global/

Carol MacPherson, voice over artist: https://www.snn.bz/news/carol-macpherson-accepts-bankcoin-reserve-bcr-for-voice-overs/

Fruit Barn AUSTRALIA accepts BCR: https://www.snn.bz/business/ninji-fruit-barn-accepts-bankcoin-reserve-and-bankcoin-global/

SjW Mushroom Grower & Distributor AUSTRALIA accepts BCR: https://www.snn.bz/business/mushrooms-to-bankcoin/

Pizzerias AUSTRALIA accept BCR: https://www.snn.bz/business/pizza-capers-accepts-bankcoin-reserve/

Rollin’ in Dough Bakery accepts BCR & BCG: https://www.snn.bz/food/rollin-in-dough-bakery-now-rollin-in-bankcoin/

Aggregate business AUSTRALIA accepts BCR: https://www.snn.bz/business/coastal-landscape-supplies-accepts-bankcoin-reserve/

Dr. Marler the evangelist AUSTRALIA, INDIA, THAILAND accepts BCR: https://www.snn.bz/life-style/dr-shaun-marler-accepts-bankcoin-reserve-and-bankcoin-global-for-world-harvest-ministries/

Daniel Street fruit and vegetables AUSTRALIA accepts BCR: https://www.snn.bz/food/daniel-street-fruit-and-vegetables/

Ruthie Lillian DiTucci
BankcoinReserve.IO
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Source: EIN Presswire

Automation-as-a-Service Market Size to be Worth USD 9.3 billion globally by 2024, at a CAGR of around 25.3% – ZMR

Automation-as-a-Service

Automation-as-a-Service

Global automation-as-a-service market expected to reach USD 9.3 billion globally by 2024, at a CAGR of around 25.3% between 2018 and 2024

Global automation-as-a-service market expected to reach USD 9.3 billion globally by 2024, at a CAGR of around 25.3% between 2018 and 2024”

— Zion Market Research

NEW YORK, NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — Zion Market Research has published a new report titled “Automation-as-a-Service Market by Deployment (Public Cloud, Private Cloud, Hybrid Cloud, and On-Premises), by Business Function (Finance, Operations, Sales & Marketing, Human Resource, and Information Technology), by Technology (Knowledge-based Automation and Rule-based Automation), by Organization Size (Small- and Medium-Sized Enterprises (SMEs) and Large Enterprises), and by End-Use Industry (Transportation, Energy & Utilities, Manufacturing, Retail, Government Sector, BFSI, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024”. According to the report, the global automation-as-a-service market accounted for USD 1.9 billion in 2017 and is expected to reach USD 9.3 billion globally by 2024, at a CAGR of around 25.3% between 2018 and 2024.

Automation is the adoption of technology and devices to operate various processes with minimal human intervention. Automating processes and functions is performed to reduce errors, costs, and wastage caused during the manufacturing of products and for timely supply of products and services to the customers.

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The automation-as-a-service market is estimated to grow significantly during the estimated time period, owing to the increasing demand for automation in the energy and utility sector. Automating various functions and processes in this industry has grown considerably over the last decade. For instance, using smart meters instead of meter readers and using drones for inspections. Furthermore, Statkraft, one of Europe’s largest green energy producers, uses IT automation to accumulate and assemble information to analyze the climatic impact on renewable energy sources.

The rise in the demand for automation in retail is likely to drive the automation-as-a-service market during the forecast timeframe. Certain benefits of automation can be witnessed across supply chain and inventory management activities. Automation helps in streamlining processes via quick identification of goods, reducing delays as a result of additional paperwork, and curtails scams as well as manual errors. Various global retailers, such as eBay, Amazon, and Walmart, have opted for automated solutions for managing their inventories. In 2018, Walmart planned to expand its usage of autonomous robots for inventory management. The company is working with “Bossa Nova” to bring robots that help in detecting out-of-stock goods along with guiding staffs and customers to their products in the shops.

Browse/Get/Download Free TOC of this Research Report for more Insights – https://www.zionmarketresearch.com/toc/automation-as-a-service-market

The automation-as-a-service market is bifurcated on the basis of technology into knowledge-based automation and rule-based automation. Knowledge-based automation is anticipated to hold a significant market share during the estimated timeframe, due to the increasing demand for artificial intelligence in various industries. By business function, the automation-as-a-service market includes finance, operations, sales and marketing, human resource, and information technology. The Operations segment is projected to expand significantly over the forecast period, owing to the growing investments made in automating various manufacturing processes for reducing wastes and costs.

The North American automation-as-a-service market is estimated to grow significantly in the future, due to technological advancements made in the transportation sector. Several companies, such as FedEx, UPS, and DHL, use automation for streamlining their transport operations. FedEx is working with “Peloton Technology” to electronically link trucks to small caravan groups known as platoons.

Some of the key players in the automation-as-a-service market are HCL Technologies, UiPath, Nice Ltd., Kofax Inc., Blue Prism, Automation Anywhere, Inc., Microsoft Corporation, Pegasystems Inc., IBM Corporation, and Hewlett Packard Enterprise, among others.

This report segments the global automation-as-a-service market as follows:

Global Automation-as-a-Service Market: Deployment Segment Analysis

Public Cloud
Private Cloud
Hybrid Cloud
On-Premises

Global Automation-as-a-Service Market: Business Function Segment Analysis

Finance
Operations
Sales and Marketing
Human Resources (HR)
Information Technology (IT)

Global Automation-as-a-Service Market: Technology Segment Analysis

Knowledge-Based Automation
Rule-Based Automation

Global Automation-as-a-Service Market: Organization Size Segment Analysis

Small and Medium-sized Enterprises (SMEs)
Large Enterprises

Global Automation-as-a-Service Market: End-Use Industry Segment Analysis

Transportation
Energy & Utilities
Manufacturing
Retail
Government Sector
BFSI
Others

Global Automation-as-a-Service Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
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Tel: +49-322 210 92714
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Source: EIN Presswire

Smart Waste Collection Technology Market Size to be Worth USD 227 Million By 2025 – Zion Market Research

Smart Waste Collection Technology

Smart Waste Collection Technology

Smart Waste Collection Technology Market was USD 78 Mn in 2018 and is expected to reach around USD 227 Mn by 2025, growing at CAGR of 16.5% between 2019-2025

Smart Waste Collection Technology Market was USD 78 Mn in 2018 and is expected to reach around USD 227 Mn by 2025, growing at CAGR of 16.5% between 2019-2025”

— Zion Market Research

NEW YORK, NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — Zion Market Research has published a new report titled “Smart Waste Collection Technology Market By Solution (Network Management, Optimization Solutions, Asset Management, Reporting, and Analytics Solutions, and Others), By Service (Managed and Professional), and By End-User (Municipalities, Manufacturing & Industrial, Healthcare, Construction, Food & Retail, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global smart waste collection technology market was USD 78 million in 2018 and is expected to reach around USD 227 million by 2025, growing at a CAGR of 16.5% between 2019 and 2025.

Smart waste collection technology is an application of various software, sensors, and electronic equipment to improvise the waste collection process. The prime objectives of smart waste collection technique are improving the cost-efficiency of waste collection through route optimization and preventing over-filling of waste collectors. Smart waste collection aids in maintaining hygiene in cities and preventing diseases that spread through contamination in nature. Smart waste collection is an integral part of smart city management across the globe. Internet of things (IoT) has had a cardinal role in the success of smart waste collection technology.

Get Sample of this Research Report PDF – https://www.zionmarketresearch.com/sample/smart-waste-collection-technology-market

The smart waste collection technology market has witnessed robust growth in the recent past, owing to the growing trend of smart city development globally and rapid urbanization in emerging economies. Enhanced awareness about time and cost efficiency is another factor driving the smart waste collection technology market growth. However, huge capital investment and high maintenance costs may restrain the growth of smart waste collection technology market. Alternatively, tremendous potential for IoT and wireless sensing in the future is projected to fuel the market expansion for smart waste collection technology.

The smart waste collection technology market is fragmented on the basis of solution, service, and end-user. By solution, the market includes reporting and analytics solutions, asset management, network management, optimization solutions, and others. In 2018, network management held the largest share of the global market. Reporting and analytics solutions will show the fastest CAGR in the years ahead, owing to the rising use of connected devices that is fuelling the demand for data collection and analysis.

Browse full TOC of this Research Report – https://www.zionmarketresearch.com/toc/smart-waste-collection-technology-market

By service, the market is divided into professional and managed services. Professional services held a major share of the smart waste collection technology market in 2018, due to the growing complexities of smart solution infrastructure. The managed services are projected to register a higher CAGR in the future, owing to rising focus of organizations over economies of scale.

By end-user, the market includes manufacturing and industrial, food and retail, municipalities, construction, healthcare, and others. The municipality segment held the largest market share in 2018. The manufacturing and industrial segment is projected to grow notably in the global market in the years ahead, especially from the emerging economies due to the growing need for timely signal generation for stipulated waste fill level and safe waste disposal.

North America accounted for the largest share of the smart waste collection technology market globally in the year 2018. This can be attributed to the region’s strong economy to build the necessary infrastructures, such as sensors, communication nodes, and electronic circuits. The Asia Pacific smart waste collection technology market is estimated to witness the fastest CAGR, owing to rapid urbanization and swift industrialization across the region.

Some major players of the smart waste collection technology market are Bigbelly, Ecube Labs, Enevo Pepperl+Fuchs, Covanta Holding, Smartbin, IBM, Compology, Waste Management, and SAP.

This report segments the global smart waste collection technology market into:

Global Smart Waste Collection Technology Market: Service Analysis

Managed Services
Professional Services

Global Smart Waste Collection Technology Market: Solution Analysis

Network Management
Optimization Solutions
Asset Management
Reporting and Analytics Solutions
Others

Global Smart Waste Collection Technology Market: End-User Analysis

Municipalities
Manufacturing and Industrial
Healthcare
Construction
Food and Retail
Others

Global Smart Waste Collection Technology Market: Regional Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

Browse Smart Waste Management Market Research Report – https://www.zionmarketresearch.com/report/smart-waste-management-market

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Kalpesh Deshmukh
Zion Market Research
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email us here
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Source: EIN Presswire

Anti-counterfeit Pharmaceutical Packaging Market to be Worth Around USD 1800.3 Million By 2024 – Zion Market Research

Anti-counterfeit Pharmaceutical Packaging Market

Anti-counterfeit Pharmaceutical Packaging Market

Anti-counterfeit Pharmaceutical Packaging Market expected to reach around USD 1800.3 Mn by 2024, growing at a CAGR of around 12.21% between 2018 and 2024

Anti-counterfeit pharmaceutical packaging market expected to reach around USD 1800.3 Mn by 2024, growing at a CAGR of around 12.21% between 2018 and 2024”

— Zion Market Research

NEW YORK, NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — Zion Market Research has published a new report titled “Anti-counterfeit Pharmaceutical Packaging Market by Usage (Covert Features, Overt Features, Forensic Markers, Tamper Evidence, Track & Trace Technologies) and by Technology (RFID, Security Inks & Coatings, Security Printing & Graphics, Hologram, Mass Encoding and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2024”. According to the report, global anti-counterfeit pharmaceutical packaging market was valued at approximately USD 803.75 million in 2017 and is expected to generate revenue of around USD 1800.3 million by the end of 2024, growing at a CAGR of around 12.21% between 2018 and 2024.

Duplication of medical and pharmaceutical products in the modern-day world is a rising concern among developed and developing economies across the globe. This infringement of pharma-products is seriously affecting the growth and development of the pharmaceuticals industry. Counterfeiting results in extensive losses not only in terms of revenue but in terms of reliability as well. Making an exact replica of the pharma-products and labeling with the brand and trademark names of rightful product manufacturers has become a matter of serious apprehension for pharmaceutical organizations. Thus, the organizations in the pharmaceutical industry worldwide are rapidly working on ways to stop duplicate products from penetrating into the markets so as to avert the negative impact on their sales revenue and their brand value.

Get Research Report Sample PDF for more Industry Insights – https://www.zionmarketresearch.com/sample/anti-counterfeit-pharmaceutical-packaging-market

Continuous advancement and technological upgradation in anti-counterfeit packaging technology and raising awareness among the manufacturers and consumers are factors that are majorly fueling the market growth and development. Stringent rules and regulations formulated by the government in various countries around the world are influencing the big companies to make investments in advanced anti-counterfeit technologies. Such factors are expected to drive the anti-counterfeit pharmaceutical packaging market growth over the forecast period.

The anti-counterfeit pharmaceutical packaging market is fragmented on the basis of usage which is further divided into covert features, forensic markers, tamper evidence, overt features, track & trace technologies. Track and trace technologies segment held the major revenue share in 2017. The growth is attributed because of its technical implementation. Basically, with the help of track and trace technologies, it is easier to track down goods and products as it helps in determining their location. In addition, with help of trace and tracking technologies, the supply chain and logistics division of any organization can be regulated.

Browse full TOC of this Research Report and Free Analysis – https://www.zionmarketresearch.com/toc/anti-counterfeit-pharmaceutical-packaging-market

Based on technology, anti-counterfeit pharmaceutical packaging market has been segmented as RFID, security inks & coatings, security printing & graphics, hologram, mass encoding, and others. RFID segment is expected to contribute for significant revenue share in 2017. The growth of the segment is attributed to the anti-counterfeit label data of pharmaceutical products, which can be achieved with the help of RFID technology. Also, with the help of RFID technology, the duplication of original materials can be prevented.

Europe, Latin America, North America, Asia Pacific, and the Middle East & Africa are the regional segments of the global anti-counterfeit pharmaceutical packaging market. North America held the major revenue share in 2017 and is likely to continue its regional superiority over the forecast period. The growth is attributed due to stringent regulations formulated by the government coupled with the FDA. In addition, the region is the major biologics research hub, which exports medical and pharmaceutical products across the globe. Such factors are contributing to the growth of the market in the region. The Asia Pacific is predicted to provide significant opportunities for the anti-counterfeit pharmaceutical packaging market. The growth of the region is anticipated due to raising awareness among the consumers and manufacturers regarding infringement of pharma-products.

Some of the industry players operating in the anti-counterfeit pharmaceutical packaging market include Zebra Technologies Corporation, Dennison Corporation, E.I. du Pont de Nemours and Company, AlpVision SA, Sicpa Holding SA, Applied DNA Sciences Inc., Amcor Limited, Authentix Inc., CCL Industries Inc., and Atlantic Zeiser GmbH.

Browse more Packaging Market Research Reports – https://www.zionmarketresearch.com/category/packaging

Browse more Pharmaceutical Market Research Reports – https://www.zionmarketresearch.com/category/pharmaceutical

This report segments the global anti-counterfeit pharmaceutical packaging market as follows:

Global Anti-counterfeit Pharmaceutical Packaging Market: Usage features Segment Analysis

Covert Features
Overt Features
Forensic Markers
Tamper Evidence
Track & Trace Technologies
Serialization
Identification System

Global Anti-counterfeit Pharmaceutical Packaging Market: Technology Segment Analysis

RFID
Active Tags
Passive Tags
Semi-Active Tags
Security Inks & Coatings
Security Printing & Graphics
Hologram
Mass Encoding
Barcode Application
Digital Mass Serialization
Digital Mass Encryption
Others

Global Anti-counterfeit Pharmaceutical Packaging Market: Regional Segment Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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Source: EIN Presswire

Building Information Modeling Market Size Estimated to be USD 15,700 Million By 2026: Global Report from Facts & Factors

Building Information Modeling Market New

Building Information Modeling Market New

Global building information modeling market to increase from USD 5,200 Million in 2019 to reach USD 15,700 Million by 2026 at CAGR of 18% from 2020 to 2026.

NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — Facts and Factors have authored “Building Information Modeling Market By Solution segment, By End-user and By Vertical segment(Commercial, Residential, Infrastructure, Institutional, Industrial): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026”.

According to the research report, the global building information modeling market in 2019 is approximately USD 5,200 Million and is anticipated to reach around USD 15,700 Million by 2026. The anticipated CAGR for the building information modeling market is around 18% from 2020 to 2026.

Building information modeling is a method that is assisted by various tools, technologies account and contracts that involve creating and managing digital representations of the physical and functional characteristics of locations. Current Building information modeling software is used by individuals, businesses, construction, and government agencies designing constructing and maintaining various physical infrastructures such as ports, tunnels, gas, communications, water, waste, electricity, roads, bridges, etc. Throughout the construction industry, building knowledge modeling is used to plan and execute buildings during their life-cycle. The overall value chain of the market for building information modeling is closely linked to traditional building processes. BIM is growing quickly and shaping into a strong, well-connected chain in the past years.

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(The sample of this report is readily available on request. The free report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis and our research methodology.)

Increasing numbers of construction projects, increasing global knowledge of building information modeling and associated benefits, and growing demand for automated models in the engineering, design, and construction industries have encouraged its adoption in the construction sector, especially for commercial and infrastructure projects. In addition, government mandates relating to the use of building information modeling in the design of buildings will improve its growth around the world. With the increase in the number of construction projects and also the increasing demand for automated model in various sectors will act as a driver for this market and also government mandates to use this software in the design of the building will boost its growth in the market. But, the high cost of BMI can also slow down the market as the investment is high for the market.

Based on segmentation the market can be classified on the basis of by solution, by end-user, and by vertical. Based on the solution, the software segment accounted for the largest share of around 75% in the global building information modeling market in 2019. Further, by end-user segment architects accounts for the market share of around 35% and is expected to dominate in the target market. Furthermore, the market can be segmented into vertical, which includes commercial, residential, infrastructure, institutional, and industrial in which infrastructure accounts for a major share of around 40% and is expected to dominate in the building information modeling market.

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Based upon the region the global building information modeling market has been categorized as North America, Europe, Latin America, APAC, and the EMEA. In terms of revenue, Europe is estimated to dominate the world market relative to markets in other regions during the 2019-2026 forecast period. Due to the high adoption rate of advanced technology Europe had a major market share for the building information modeling market.

The major players in the building information modeling industry are Aecom, Asite Solutions Limited, Beck Technology Ltd, Nemetschek AG, Synchro Software Ltd, Pentagon Solutions Ltd, Bentley Systems Inc, and Dassault Systemes Sa, Trimble Navigation Ltd.

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Key Insights from Primary Research

1) As per our primary respondents, the Global Building Information Modeling Market is set to grow annually at a rate of around 20%
2) It was established through primary research that the Global Building Information Modeling Market was valued at around USD 5,100 million in 2019
3) The “Software” category, on the basis of solution segmentation, was the leading revenue-generating category accounting for around 75% share, in 2019
4) On the basis of end-user segmentation, the “Architects” category held the leading share at more than 35%, in 2019
5) On the basis of vertical segmentation, the “Infrastructure” category held the leading share at more than 40%, in 2019
6) Based on the region, Europe is expected to dominate in the target market

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With the increase in the number of construction projects and also the increasing demand for automated model in various sectors will act as a driver for this market and also government mandates to use this software in the design of the building will boost its growth in the market. But, the high cost of BMI can also slow down the market as the investment is high for the market.

The taxonomy of the Global Building Information Modeling Market industry by its scope and segmentation is as follows:

Global Building Information Modeling Market: By Solution Segmentation Analysis

Software
Services
Project management

Global Building Information Modeling Market: By End-user Segmentation Analysis

Architects
Contractors
Engineers
Others

Global Building Information Modeling Market: By Vertical Segmentation Analysis

Commercial
Residential
Infrastructure
Institutional
Industrial

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

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Source: EIN Presswire

Worldwide Market Size of Mitigation Banking Industry to Surpass USD 16,643 Million By 2027: Facts & Factors

Mitigation Banking Market New

Mitigation Banking Market New

Global mitigation banking market to increase from USD 5,463 million in 2018 to reach USD 16,643 million by 2027, at a CAGR of 13.47% between 2019 and 2027.

NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — Facts and Factors Market Research has published a new report titled “Mitigation Banking Market By Type and By Verticals: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2027”.

According to the report, the global mitigation banking market was valued at approximately USD 5,463 million in 2018 and is expected to reach a value of around USD 16,643 million by 2027, at a CAGR of around 13.47% between 2019 and 2027.

Mitigation banking is the system of debits & credits developed to assure that the environmental damage to streams & wetlands caused due to development works is compensated through preserving & restoring of wetlands, streams, and natural habitats. The mitigate banking helps in minimizing the severity of the damage inflicted upon the environment. Moreover, National Mitigation Banking Association defines mitigation banking as the process of restoring, creating, improving, or preserving the wetland and stream or any other habitat with an aim to compensate for non-preventive resource losses caused as a result of development activities.

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Mitigation banking helps in preserving the diversity of nature. It helps in balancing the negative effect of growing industrialization on wetlands, natural habitats, and streams to a greater extent. Moreover, the economies of scale and technological expertise of mitigation banking raise its efficiency in terms of cost as well as the quality of restored acreage. Nevertheless, potential investors lack access to data related to wetland credit costs and thus avoid market funding. This factor is predicted to decimate the surge of the market during the forecast period.

Lucrative need for protecting biodiversity will propel the market trends

Growing government concerns pertaining to protecting biodiversity is projected to steer the growth of the mitigation banking industry over the forecast period. Moreover, the provision of political, social, financial, and ecological safeguards help in improving the negotiating power as well as earning potential of the country. This, in turn, helps in attracting huge foreign investments and also plays a key role in maintaining the biodiversity of the country.

Moreover, mitigation banking helps in preserving the diversity of nature. It helps in offsetting the negative effect of growing industrialization on wetlands, natural habitats, and streams to a larger extent. Apart from this, the economies of scale and technological expertise of mitigation banking enhances its efficacy in terms of cost as well as the quality of restored acreage. Nonetheless, potential investors lack access to data pertaining to wetland credit costs and hence avoid investing in the market. This aspect is likely to depreciate the growth of the market during the forecast period.

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Wetland or Stream Banks to dominate the type segment

The growth of the wetland or stream banks segment is credited to the government policy of encouraging of setting up more such mitigation banks. This will help regulatory authorities of the state to ensure buying of wetland credits by developers in order to measure functional & type values of affected wetlands more accurately.

Construction & mining segment to contribute immensely towards the overall market growth

The construction & mining segment is set to accrue revenue worth nearly USD 6,200 million by 2027. The expansion of the segment is attributed to large-scale use of mitigation banking system in the construction & mining industry.

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North America to lead the overall regional market growth by 2027

The mitigation banking market in North America is set to register the highest CAGR of about 14.88% during the forecast period. The regional market is also likely to accrue enormous gains in terms of revenue during the forecast timeframe. The growth of the market in the region is due to the massive demand for mitigation banking technology in countries like the U.S.

Key players in the mitigation banking industry include are Alafia River Wetland Mitigation Bank, Inc., Burns & McDonnell, EarthBalance, Ecosystem Services, LLC, Habitat Bank LLC, The Mitigation Banking Group, Inc., Ecosystem Investment Partners (EIP), The Wetlandsbank Company (TWC), Wetland Studies and Solutions, Inc., Weyerhaeuser, LJA Environmental Services, Inc., Wildwood Environmental Credit Company, WRA, Inc., The Loudermilk Companies, LLC, Great Ecology, and Mitigation Credit Services, LLC.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the mitigation banking market by segmenting the market based on the type, verticals, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Browse detail report with in-depth TOC @ https://www.fnfresearch.com/mitigation-banking-market-by-type-wetland-or-stream

This report segments the mitigation banking market as follows:

Global Mitigation Banking Market: By Type Segment Analysis

Wetland or Stream Banks
Forest Conservation
Conservation Banks

Global Mitigation Banking Market: By Verticals Segment Analysis

Construction & Mining
Transportation
Energy & Utilities
Healthcare
Manufacturing

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Contact Us:
Facts & Factors
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Postal – 200120, China
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Facts & Factors
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Source: EIN Presswire

Market Size of Food Automation Industry to Reach USD 16,674 Million By 2027, Globally: Facts & Factors

Food Automation Market New

Food Automation Market New

Global food automation market will grow from USD 9,247 million in 2018 to reach USD 16,674 million by 2027, at a CAGR of around 6.8% between 2019 and 2027.

NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — Facts and Factors Market Research has published a new report titled “Food Automation Market By Offering, By Food Industry Type, By Application and By End-User: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2027.”

According to the report, the global food automation market was valued at approximately USD 9,247 million in 2018 and is expected to reach a value of around USD 16,674 million by 2027, at a CAGR of around 6.8% between 2019 and 2027.

Food automation has various applications in the food industry, such as pick and place, delicate handling, packaging, robotic cutting & slicing, etc. Its ability to replicate the quality and appearance of food items with the exact required amount of quantity is the most profitably the food industry conducts its operations. The growing need to automate the food industry is due to food automation’s various other benefits, such as improved quality, profitability, and productivity, irrespective food product type and packaging type. These smart-systems provide quality assurance, consistency, real-time monitoring, and transient variations in product variables. These computer-controlled plant operations further have the ability to store and process huge volumes of data. Food automation, additionally, helps in complying with various food safety and environmental regulations.

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Increasing ready-to-eat food products demand majorly driving the food automation market

Rapid urbanization and long working hours have propelled the demand for ready-to-eat packaged food. This preference shift of consumers is due to the lack of time in their busy lives. The demand-supply gap of the packaged food has to be bridged, so as to keep the ready-to-eat packaged food market strong. Thus, this rising demand for packaged food is a prominent driver of the food automation market. The ready-to-eat food items require quality packaging, and food automation provides efficiency along with accuracy in both quantity and quality of packing these food products.

Beverages segment is projected to dominate the application segment

The beverages segment is projected to dominate the food automation market in the years ahead. This domination can be attributed to the rising complexities in the production processes of various beverages, constant technical advancements, and consistent new product launch. By completely vertical integration of beverage production processes with the help of adopting process computerized solutions alongside value chain optimization is also driving this segment. The beverages segment was valued USD 2,603 million in the year 2018 and will grow rapidly till 2027.

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The packaging segment is likely to register the highest CAGR in the future

Based on revenue, the packaging segment will be the fastest-growing in the future. This can be due to the rising number of health and safety concerns of global consumers. Manufacturers will progressively invest in technological developments like automated packaging systems. The growing need to overcome the challenges related to sustaining product quality and safety will also drive the packaging segment of the food automation market in the years ahead.

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Europe leads the global food automation market

Europe was the largest food automation market in the year 2016, due to the high demand for processed nourishment products, especially in the countries of Spain, Italy, Germany, the UK, and France. Moreover, the stringent regulations imposed by several regional regulating bodies regarding the quality of processed nourishment products will fuel the European food automation market over the forecasted timeframe. The region is likely to register a CAGR of 7% in this market in the years ahead.

Key players operating in the food automation market are Mitsubishi Electric, Emerson Electric, Kollmorgen, McEnery Automation, GEA Group, Rockwell Automation, Rexnord Corporation, Fortive, Premier Automation, Olympus Automation, Schneider Electric, FANUC CORPORATION, FMI, Matrix Technologies, Benchmark, Siemens, and ABB, among others.

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The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the food automation market by segmenting it based on offering, food industry type, application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

This report segments the food automation market into:

Global Food Automation Market: By Offering

Solution
Services

Global Food Automation Market: By Food Industry Type

Dairy
Bakery and Confectionery
Grains and Oils
Meat and Poultry
Beverages
Meat Substitutes
Pet Food
Dairy Alternatives

Global Food Automation Market: By Application

Processing
Packaging
Palletizing
Picking
Sorting
Biopackaging
Others

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

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Source: EIN Presswire

Lawsuit Financing Market Size & Demand Estimated to be USD 4,120 Million By 2027: Facts & Factors

Lawsuit Financing Market New

Lawsuit Financing Market New

Global lawsuit financing market will increase from USD 712 million in 2018 to reach USD 4,120 million by 2027, at a CAGR of around 21.5% between 2019 and 2027.

NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — According to the report, the global lawsuit financing market was valued at approximately USD 712 million in 2018 and is expected to reach a value of around USD 4,120 million by 2027, at a CAGR of around 21.5% between 2019 and 2027.

Lawsuit financing also referred to as litigation funding is a procedure in which a litigant makes use of the asset value of commercial arbitration or legal suit in order to secure capital from the third party for financing the lawsuit. Moreover, the third-party funder can pay a part or all the costs related to the dispute in the return for the share in the profits of the legal dispute or settlement if successful. Even if the legal suit fails, the funder has to bear the expenses as per the deal or agreement.

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Escalating awareness about litigation funding to drive the market trends

Large-scale awareness about lawsuit financing among the customers is expected to contribute massively towards the expansion of the market over the forecast timeline. In addition to this, litigation finance is growing into a vital domain of the business law with the number of customers & firms making use of it to resolve the business challenges. Apparently, large-scale penetration of key players across the emerging regions like the Asia Pacific will impel the expansion of the lawsuit financing industry over the forecast timeline.

Moreover, litigation financing solves the risk of business spending by offering corporates with the opportunity of transferring the complete lawsuit risk to the third party. This will further boost the market trends over the forecast timeline. In addition to this, massive concerns of officials regarding the advantages related to legal dispute financing are projected to steer the lawsuit financing market over the forecast timeline. Nevertheless, costly risk environment for firms like enterprise risk management, data privacy, compliance, and Cybersecurity will inhibit the growth of the market over the forecast period.

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Commercial litigation funding segment to hold leading market revenue share over the forecast timeline

The segment is also likely to register the CAGR of nearly 22.5% over the forecast timeline. The growth of the segment is due to the massive financing of payment of lawyer fees and legal costs through commercial litigation funding activities.

Attorneys segment to dominate the end-user landscape over the forecast period

The growth of the segment is due to massive litigation funding activities of the attorneys for arguing in favor or against the legal suit in the court of law.

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North American region to contribute majorly towards the overall regional market revenue share by 2027

The growth of the market in the region is due to the massive popularity of the lawsuit financing activities in countries like the U.S. and Canada. Reportedly, North America contributed nearly about 40% towards the overall market share in 2018.

Some of the major participants in the lawsuit financing market include Burford Capital Ltd., Pravati Capital LLC, Harbour Litigation Funding Limited, Global Funding Solutions LLC, Legalist, Inc., Lawsuit Financial LLC, LawCash, Law Finance Group LLC, Vannin Capital PCC, Fast Funds, Oasis Legal Finance Group, LLC, High Rise Financial, Fair Rate Funding, Argenta Legal Funding, and Bentham Capital LLC.

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In order to give the users of this report a comprehensive view of the lawsuit financing market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

This report segments the lawsuit financing market as follows:

Global Lawsuit Financing Market: By Type Segment Analysis

Consumer Litigation Funding
Commercial Litigation Funding

Global Lawsuit Financing Market: By Case Type Segment Analysis

Class Action Lawsuit Funding
Settlement Funding
Labor Lawsuit Funding
Workers’ Compensation
Medical Malpractice Lawsuit Funding
Personal Injury Lawsuit Funding

Key Features of Lawsuit Financing Report:

1) Lawsuit Financing structure: Overview, industry life cycle analysis, supply chain analysis
2) Lawsuit Financing: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
3) Lawsuit Financing size, trend, and forecast analysis
4) Lawsuit Financing segments’ trend and forecast
5) Lawsuit Financing ’s competitive landscapes: Market share, Product portfolio, New product launches, etc.
6) Lawsuit Financing attractiveness and associated growth opportunities
7) Emerging Trends in Lawsuit Financing.
8) Strategic growth opportunities for the existing and new players
9) Key success factors

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Contact Us:
Facts & Factors
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8 Century Avenue, Shanghai,
Postal – 200120, China
Tel: +86 21 80360450
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Source: EIN Presswire

Worldwide Augmented and Virtual Reality Market Size Will Reach USD 305 Billion by 2026: Facts & Factors

Augmented and Virtual Reality Market New

Augmented and Virtual Reality Market New

According to the research in global augmented and virtual reality market, the market will increase from USD 10 billion in 2019 to reach USD 305 billion by 2026.

NEW YORK, UNITED STATES, February 25, 2020 /EINPresswire.com/ — The global augmented and virtual reality market in 2019 was above USD 16 billion and is projected to reach above USD 305 billion by 2026. The anticipated CAGR for the augmented and virtual reality market is around 62% from 2020 to 2026.

The augmented reality technology uses the present user environment and covers virtual content or the digital content over it and generate a three-dimensional image in the present atmosphere. Virtual reality is a 3D environment created by a computer, which engages end users in an artificial world. Special 3D programs are deployed in augmented reality applications, which enable designers to integrate digital content in real-time with the real world. Virtual reality provides simulated abstract user experience of the artificial world in a synergistic environment.

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Augmented reality (AR) and virtual reality (VR) has maximum demand in the media and entertainment industry as it is utilized for numerous applications and has created a revolution. Increasing the use of AR/VR in various industries such as aerospace, construction, manufacturing, healthcare, gaming, etc. is encouraging the demand for AR/VR technologies. Augmented and virtual reality is majorly used in video games such as pokemon go, VR tank training, rollercoaster, etc. In recent years, the gaming industry has experienced significant growth, which, in turn, contributes to the growth of the augmented and virtual reality market. Moreover, augmented and virtual reality is also used in training and teaching. Augmented and virtual reality has been useful in delivering information to trainees, thus being increasingly used in the education sector. The development of augmented and virtual reality systems or software is a very complex and expensive process. This has restricted the use of augmented and virtual reality in various applications, such as business, manufacturing, industrial design, etc.

In addition, high content expenses, limited hardware, and inadequate software for augmented and virtual reality is a major limitation for the adoption of augmented and virtual reality devices in industrial verticals. Thus restricting the growth of augmented and virtual reality market. Autonomous cars are still a few years away from reality. However, increasing demand for passenger safety and driver convenience is anticipated to create opportunities for augmented and virtual reality market. In the healthcare industry, augmented and virtual reality can be used to allow practitioners to train in a virtual environment. The demand for simulation applications in the healthcare industry is likely to create opportunities for augmented and virtual reality market.

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The devices segment of the augmented and virtual reality Market includes the projector and display wall, head-mounted display (HMD), gesture-tracking device, handheld device, head-up display (HUD), and others. Among these, HMD highly penetrated the market in 2019, it was esteemed at around USD 7 billion. The growing application of HMD for various purposes is driving its revenue share growth in the market.

By component, the market is divided into hardware and software. The hardware segment is expected to acquire a major revenue by 2026 end. In 2019, the hardware segment market share was 52%.

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By application, the global augmented and virtual reality market is segmented into consumer, commercial, and enterprise. The consumer segment dominated the global augmented and virtual reality market, holding a 54% market share in 2019 and is anticipated to witness lucrative growth over the forecasted period.

By vertical, the global augmented and virtual reality market is classified into Entertainment & media, gaming, aerospace & defense, manufacturing, retail, healthcare, and others. Among the vertical segment, gaming dominated the global augmented and virtual reality market. Gaming accounted for 34% market share in 2019. The gaming augmented and virtual reality market is anticipated to witness the highest CAGR over the forecasted period.

By geography, North America dominated the global augmented and virtual reality market in 2019. North America constituted 41% market share of the global augmented and virtual reality market, owing to the rising adoption of augmented and virtual reality market in gaming and healthcare industry.

Some of the essential players operating in the augmented and virtual reality market, but not restricted to include Sony, HTC, Microsoft, PTC, Google, Samsung Electronics, Zugara, DAQRI, Wikitude, Upskill, Oculus, Blippar, Magic Leap, Osterhout Design Group, Upskill, Continental, Visteon, EON Reality, and others.

Browse More Report Details With in-depth TOC: https://www.fnfresearch.com/augmented-and-virtual-reality-market-by-device-analysis

This report segments the augmented and virtual reality market as follows:

Global Augmented and Virtual Reality Market: By Device Analysis Segment

Head-Mounted Display (HMD)
Handheld Device
Head-Up Display (HUD)
Projector and Display Wall
Gesture-Tracking Device
Others

Global Augmented and Virtual Reality Market: By Segment Analysis

Hardware
Software

Global Augmented and Virtual Reality Market: By Application Analysis

Consumer
Commercial
Enterprise

Global Augmented and Virtual Reality Market: By Vertical Industry Segment Analysis

Entertainment & Media
Gaming
Aerospace &Defense
Manufacturing
Retail
Education
Healthcare

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Source: EIN Presswire