Categoria: Technology and Media

Machine Vision Market 2023, Industry Overview Report and Forecast By 2028

According to the latest report by IMARC Group, titled  “Machine Vision Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,”  offers a comprehensive analysis of the industry, which comprises insights on the  machine vision market growth . The report also includes competitor and regional analysis, and contemporary advances in the market. The global machine vision market size reached  US$ 12.1 Billion in 2022 . Looking forward, IMARC Group expects the market to reach  US$ 19.7 Billion by 2028 , exhibiting a growth rate  (CAGR) of 9.3% during 2023-2028.

Machine Vision Market Overview:

Machine vision, or computer vision, is an interdisciplinary field that focuses on enabling machines to perceive and understand visual information. It combines aspects of artificial intelligence, image processing, and pattern recognition to extract meaningful insights from image or video data. By employing various algorithms and techniques, machine vision systems can analyze and interpret visual input, enabling machines to make decisions, navigate their environment, and interact with humans more effectively. It finds applications across diverse industries, including manufacturing, robotics, healthcare, transportation, and security. It plays a vital role in quality control, where it can identify product defects or inconsistencies, ensuring high standards are maintained. It has revolutionized the field of augmented reality, enabling realistic virtual overlays in the real world. Continued advances in machine vision, such as deep learning and neural networks, have significantly improved its accuracy and capabilities, paving the way for new and exciting possibilities in automation, surveillance, and human-machine interactions.

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Top Companies In Global Machine Vision Market:

  • Cognex Corporation
  • Basler AG
  • Omron Corporation
  • National Instrument Corporation
  • Keyence Corporation
  • Sony Corporation
  • Teledyne Technologies, Inc.
  • Texas Instruments, Inc
  • Allied Vision Technologies GmbH
  • Intel Corporation
  • Baumer Optronic GmbH
  • Jai A/S.

Global Machine Vision  Market Trends:

The global market is mostly driven by the increasing demand for quality inspection and automation. In line with this, advancements in image processing and analysis algorithms are significantly contributing to the market. Furthermore, the rising adoption of robotics in various industries is positively influencing the market. The growing need for product traceability and authentication is catalyzing the market. Machine vision systems are utilized in automotive manufacturing for quality control, defect detection, and assembly verification, benefiting the industry’s growth.

Moreover, the escalating demand for smart and autonomous systems is propelling the market. Rapid technological advances in cameras and sensors are expected to offer numerous opportunities for the market. Besides, the increasing demand for non-contact measurement and inspection is strengthening the market. The expansion of the pharmaceutical and healthcare sectors is stimulating the demand for machine vision as it is utilized in medical imaging, diagnostic systems, and drug quality control. The rising focus on safety and security is bolstering the market. Additionally, the growing adoption of machine vision in the agriculture industry for crop monitoring, yield estimation, and disease detection is projected to provide a boost to the market.

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Key Market Segmentation:

Breakup by Product:

  • Vision Systems
  • Cameras
  • Others

Breakup by Component:

  • Hardware
  • Software

Breakup by Application:

  • Positioning
  • Identification
  • Verification
  • Measurement
  • Flaw Detection
  • Others

Breakup by Industry:

  • Electronics and Semiconductors
  • Automotive
  • Medical and Pharmaceutical
  • Food, packaging and printing
  • Security and Surveillance
  • Intelligent Traffic System
  • Others

Breakup by Region:

  • North America (United States, Canada)

  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)

  • Latin America (Brazil, Mexico, Others)

  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Cellular IoT Market Overview, Industry Growth Rate, Research Report 2023-2028

According to the latest report by IMARC Group, titled “Cellular IoT Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the market. The cellular IoT market outlook report also includes competitor and regional analysis, and contemporary advancements in the market. The global cellular IoT market size reached US$ 4.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.3 Billion by 2028, exhibiting a growth rate (CAGR) of 20.9% during 2023-2028.

Cellular IoT Market Overview:

Cellular IoT, also known as the Cellular Internet of Things, refers to the network connectivity of a wide range of devices and objects through cellular networks, enabling them to communicate and exchange data with each other and with the Internet. It is designed primarily for machine-to-machine (M2M) and device-to-device (D2D) communication, in contrast to previous mobile communications, which prioritized human-to-human connection. It leverages cellular infrastructure and standards, such as GSM, LTE, and 5G, to provide reliable, secure, and scalable connectivity to billions of IoT devices across various industries and applications. Additionally, it offers several key advantages that make it an attractive solution for connecting devices. It provides extensive coverage and penetration, as cellular networks have widespread availability and reach, even in remote or rural areas. This enables IoT devices to connect seamlessly, regardless of their location, facilitating the deployment of IoT solutions on a global scale.

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Cellular IoT Market Trends:

The rapid expansion of the telecommunication sector majorly drives the global market. This can be supported by the widespread adoption of digital technologies and the growing demand for automation across various industries. Along with this, the increasing demand for Narrowband Internet of Things (NB-IoT) and Long-Term Evolution for Machines (LTE-M) solutions from medium and large-scale organizations is significantly supporting the market. These solutions can be seamlessly integrated with existing mobile networks, offering improved end-to-end security, device-level access, authentication, and encrypted data transfer, catalyzing product demand. In addition, integration of the Internet of Things (IoT), embedded sensors, Wi-Fi, and Bluetooth with automotive systems is positively influencing the market. Apart from this, automotive manufacturers are incorporating wireless communication technologies into both luxury and economy vehicles, enabling in-vehicle communication, vehicle-to-vehicle communication, and vehicle-to-infrastructure communication. This is contributing to the market. Furthermore, the commercialization of 5G and significant infrastructural developments is creating a positive market outlook.

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Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Arm Limited
  • Commsolid GmbH (Goodix Technology (HK) Company Limited)
  • MediaTek Inc.
  • Qualcomm Incorporated
  • Sequans Communications
  • Sierra Wireless
  • Telefonaktiebolaget LM Ericsson
  • Telit, Texas Instruments Incorporated
  • Thales Group
  • U-Blox Holding AG and ZTE Corporation

Breakup by Component:

  • Hardware
  • Software
  • Device Management
  • Signal Processing

Breakup by Type:

  • 2G
  • 3G
  • 4G
  • LTE-M
  • NB-LTE-M
  • NB-IoT
  • 5G

Breakup by End Use:

  • Agriculture
  • Automotive and Transportation
  • Consumer Electronics
  • Energy
  • Environment Monitoring
  • Healthcare
  • Retail
  • Smart Cities
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

About Us:


IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Data Center Power Market Size, Top Companies Share, Scope, Demands and Report 2023-2028

According to the latest report by IMARC Group, titled “Data Center Power Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” offers a comprehensive analysis of the industry, which comprises insights on the market. The data center power market outlook report also includes competitor and regional analysis, and contemporary advancements in the market. The global data center power market size reached US$ 21.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.

Data Center Power Market Overview:

A data center is a facility that includes computer systems and associated components, such as telecommunications and storage systems. It requires a significant amount of power to operate efficiently and reliably. It refers to the electrical energy required to run these systems and keep them cool. It consumes a lot of power due to the high number of servers, networking equipment, and cooling systems necessary to keep the hardware from overheating. The power requirements of a data center vary significantly depending on the size and complexity of the facility, as well as the type of equipment being used. It comes from various sources, including the local power grid, backup generators, and alternative energy sources such as solar or wind power. Moreover, data centers utilize advanced cooling systems to maintain optimal temperature and humidity levels, prevent equipment failures, and reduce energy consumption.

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Global Data Center Power Market Trends:

Significant growth in the information technology (IT) sector majorly drives the global market. This can be supported by the increasing digitization of enterprises and the growing adoption of mega data centers and cloud computing systems. Along with this, the rising demand for cloud data storage is leading to increased data center demand across the globe. Additionally, the growing need for the ability to provide high-performance computing, online gaming, and media streaming services among data centers, is significantly supporting the market.

In addition, several organizations in both developed and emerging economies are adopting power solutions to enhance their operations’ efficiency, scalability, and flexibility, which is acting as another growth-inducing factor. Furthermore, the increasing replacement of conventional devices with more technologically advanced alternatives is creating a positive market outlook. Some of the other factors driving the market include the widespread adoption of energy-efficient power solutions and continual technological advancements.

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Key Market Segmentation:

Top Data Center Power Companies:

  • ABB
  • Black Box Corporation
  • Eaton Corporation
  • General Electric
  • Legrand SA
  • Delta Electronics
  • Schneider Electric
  • Raritan Corporation
  • Cisco Systems
  • Vertiv Co.
  • Tripp Lite
  • Huawei
  • Generac Power Systems
  • Fujitsu
  • Cyber Power Systems
  • Server Technology

Breakup by Solution Type:

Power Distribution and Measurement

  • Intelligent PDUs
  • Non-Intelligent PDUs
  • Monitoring Software

Power Backup

  • UPS Devices
  • Generators

Cabling Infrastructure

  • Transfer Switches
  • Switchgea

Breakup by Service Type:

  • System Integration
  • Training and Consulting
  • Support and Maintenanc

Breakup by Size:

  • Mid-Size Data Center
  • Enterprise Data Center
  • Large Data Cente

Breakup by Vertical:

  • BFSI
  • Telecommunication and IT
  • Energy
  • Manufacturing
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

SCADA Market Growth, Outlook and Forecast 2023-2028

According to the latest report by IMARC Group, titled “SCADA Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the market. The SCADA market research report also includes competitor and regional analysis, and contemporary advancements in the market. The global SCADA market size reached US$ 20.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 26.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.

SCADA Market Overview :

Supervisory control and data acquisition (SCADA) is a type of software system used to monitor and control industrial processes and infrastructure. It is commonly used in the field of power generation, water treatment, oil and gas, and manufacturing. It is designed to provide real-time data and control capabilities for critical processes and equipment, enabling operators to make informed decisions and respond quickly to changes in the system. It consists of two main components, including the SCADA server and the remote terminal units (RTUs) or programmable logic controllers (PLCs) that are connected to the system’s sensors and actuators. It is gaining widespread prominence across the globe due to its ability to remotely monitor and control processes from a central

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Global SCADA Market Trends:

The global market is primarily driven by the increasing demand for automation in various industries. This can be attributed to rapid digitization and the penetration of high-speed internet connectivity. Along with this, the growing need for better operational efficiency is providing a boost to the uptake of SCADA systems. SCADA systems as they enable industries to monitor and control processes remotely, reducing the need for on-site personnel.

Moreover, the widespread popularity of SCADA systems to monitor and control renewable energy systems, ensures that they operate efficiently and safely is creating a positive market outlook. Furthermore, the rising concern regarding safety and security is propelling the demand for SCADA systems in industries, such as oil and gas and water treatment, further acting as a growth-inducing factor.

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Key Market Segmentation:

Breakup by Component:

  • Programmable Logic Controller (PLC)
  • Remote Terminal Units (RTU)
  • Human Machine Interface (HMI)
  • Communication Systems
  • Others

Breakup by Architecture:

  • Hardware
  • Software
  • Services

Breakup by End-User:

  • Oil and Gas
  • Power
  • Water and Wastewater
  • Manufacturing
  • Chemicals and Petrochemicals
  • Pharmaceutical
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Smart Toys Market Growth, Outlook and Forecast 2023-2028

According to IMARC Group’s latest research report, titled “Smart Toys Market: Global Industry Trends, Share, Size Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the smart toys market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global smart toys market is expected to exhibit a growth rate (CAGR) of 16.3% during 2023-2028.

Smart Toys Market Overview:

Smart toys are interactive playthings that incorporate advanced technologies to enhance the play experience. These toys can range from educational games to dolls, robots, and even plush toys that can interact with children and provide personalized learning experiences. They help children in developing important skills, such as problem-solving, critical thinking, and creativity, as they interact with the toys and complete various challenges or activities. Additionally, they assist in enhancing the self-esteem and confidence of kids and develop problem-solving skills to help them interact with their environment. They are widely available across e-commerce portals, company-owned websites, hypermarkets and supermarkets, and specialty stores.

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Global Smart Toys Industry Growth:

The rising parental concerns about the development of motor skills, cognitive flexibility, spatial reasoning, and competence in their children are driving the global market. Moreover, the integration of advanced technologies, such as artificial intelligence, augmented reality, and the Internet of Things (IoT) with smart toys is contributing to the market as these technologies enable toys to interact with children, personalize the play experience, and provide educational content that can help children learn while having fun. Besides, the growing prominence of science, technology, engineering, and mathematics (STEM) learning solutions to instill creativity and problem-solving ability in kids is supporting the growth of the market. Other factors, including inflating disposable income levels of the masses and the expanding e-commerce industry, are also influencing the market.

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Key Market Segmentation:

Top Smart Toys Manufacturers Worldwide :

  • fischertechnik GmbH
  • Kreyonic Inc.
  • LeapFrog Enterprises Inc. (VTech Holdings Limited)
  • Mattel Inc.
  • Pillar Learning
  • PlayShifu
  • Primo Toys
  • ROYBI Robot
  • The Lego Group
  • WowWee Group Limited.

Breakup by Product:

  • Robots
  • Interactive Games
  • Educational Toys

Breakup by Technology:

  • Wi-Fi
  • Bluetooth
  • Others

Breakup by Interfacing Device:

  • Smartphone Connected
  • Tablet-Connected
  • Others

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Online Stores
  • Specialty Stores
  • Others

Breakup by End User:

  • Toddlers
  • Pre-Schoolers
  • School-going
  • Stripling

Geographical Analysis:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

About Us                                                                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Subscription And Billing Management Market Growth and Business Opportunity 2023-2028

According to the latest report by IMARC Group, titled “Subscription and Billing Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the subscription and billing management market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global subscription and billing management market is expected to exhibit a growth rate (CAGR) of 13.8% during 2023-2028.

Subscription and Billing Management Market Overview:

Subscription and billing management is the process of managing and administering recurring payments and charges for products or services that are provided on a subscription basis. This includes handling customer billing information, invoicing, and collecting payments, as well as monitoring subscription plans, managing upgrades and downgrades, and handling cancellations. It provides personalized experiences by engaging with subscribers through various channels and delivering products and services efficiently.

Additionally, it enhances customer experiences by creating the best plans and promotions. It also aids in tracking customer acquisition cost (CAC) while precisely managing the inventory. As a result, it is extensively adopted by e-commerce sites, software-as-a-service (SaaS) companies, media outlets, and education portals in order to gain recurring subscribers.

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Global Subscription and Billing Management Market Trends:

The increasing need for improving customer retention rate is driving the global market. Along with this, the growing popularity of subscription-based services among consumers is catalyzing the growth of the market. Moreover, the integration of machine learning (ML) technology in subscription and billing management systems is acting as another growth-inducing factor.

Besides, the increasing employment of software-as-a-service (SaaS) subscription models to purchase online software services is impacting the market favorably. Furthermore, continual advancements in technology, and the proliferation of mobile devices and other digital platforms, are creating a positive market outlook. Other factors, including rapid digitization, intensive business competition, the emerging information technology (IT) sector, and extensive research and development (R&D) activities conducted by key players, are also influencing the market.

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Key Market Segmentation:

Top Key Players in Subscription and Billing Management Industry:

  • 2Checkout.com Inc. (VeriFone Holdings Inc.)
  • Aria Systems Inc.
  • BillingPlatform LLC
  • Bright Market LLC dba FastSpring
  • Cerillion, Chargebee
  • Fusebill
  • Oracle Corporation
  • SaaSOptics
  • Salesforce Inc.
  • SAP SE
  • Zoho Corporation
  • Zuora.

Breakup by Component:

  • Software
  • Services

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based

Breakup by Organization Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

Breakup by End User:

  • BFSI
  • Retail
  • IT
  • Healthcare
  • Media and Entertainment
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

India Mobile Gaming Market Growth, Industry Report 2023-2028

According to the latest report by IMARC Group, titled “India Mobile Gaming Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the India mobile gaming market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India mobile gaming market is expected to exhibit a growth rate (CAGR) of 18.9% during 2023-2028.

India Mobile Gaming Market Overview:

Mobile gaming refers to playing digital games on portable devices, such as smartphones, tablets, pocket personal computers (PPC), and personal digital assistants (PDA). It includes games based on sports, strategy, action, adventure, cards, puzzles, trivia, and racing.

Mobile gaming is widely used as an engaging activity for leisure and bringing people together for friendly competitions. It uplifts mood, relieves stress, increases concentration, reduces depression, enhances knowledge, and assists in maintaining relationships.

Mobile gaming also boosts memory, spatial awareness, strategic thinking, and problem-solving skills. In addition, it broadens kids’ imaginations, promotes exercising, improves dexterity, and supports children with special needs.

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India Mobile Gaming Market Trends:

The increasing utilization of smartphones, coupled with rising internet penetration, are among the key factors driving the market growth. Smartphones are widely used for mobile gaming due to their low-cost and high-performance features, such as advanced graphics, high-resolution display screens, Bluetooth, and Wi-Fi connectivity. In addition, the increasing adoption of cloud mobile gaming due to the easy availability of cost-efficient internet data and broadband connections, which allows the streaming of high-end games and eliminates the need for hardware updates, is acting as another growth-inducing factor. Furthermore, the rapid implementation of the direct carrier billing (DCB) method that allows users to purchase mobile games and their extension packages without using their bank cards is providing a considerable boost to the market growth. Additionally, the introduction of augmented reality (AR)-based mobile games that combine real-world environments with advanced graphics to enhance the playing experience and increase player engagement is creating a positive outlook for the market.

Moreover, the rising adoption of mobile gaming in the workplace environment to increase creative output, boost morale, promote team building, and assist employees in recharging and refocusing is providing an impetus to the market growth. Other factors, including the rising adoption of fifth-generation (5G) communication technology, the introduction of new gaming genres, and recent initiatives by the Government of India (GOI) to promote animation, visual effects, gaming, and comics (AVGC) sector, are anticipated to drive the market growth.

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Key Market Segmentation:

Breakup by Monetization Type:

  • In-app Purchases
  • Paid Apps
  • Advertising

Breakup by Platform:

  • Android
  • iOS
  • Others

Breakup by Game Type:

  • Sports
  • Strategy
  • Action
  • Adventure

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Manufacturing Operations Management Software Market Size, Growth, Industry Report 2023-2028

According to the latest report by IMARC Group, titled “Manufacturing Operations Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the manufacturing operations management software market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global manufacturing operations management software market size reached US$ 10.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.

Manufacturing Operations Management Software Market Overview:

Manufacturing operations management (MOM) software is used to provide transparency into manufacturing processes, digitalize production, and process information into a unified system. It helps in improving execution systems, advanced planning and scheduling, and managing quality and research and development (R&D) projects. Additionally, it assists in asset and compliance management, human-machine interface (HMI), performance analysis, sequencing, and supervisory control and data acquisition (SCADA) intelligence. Nowadays, manufacturers from different industry verticals are adopting MOM software to manage industrial operations as manual approaches are inconsistent, inefficient, and time-consuming.

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Manufacturing Operations Management Software Market Trends:

The market is primarily driven by the increasing automation in manufacturing activities. MOM software enables the digital transformation of operational processes and helps to optimize production performance, efficiency, and flexibility. In addition, the integration of artificial intelligence (AI), application programming interfaces (APIs), robotic processes, and real-time data collection in the defense and aerospace industries across the globe, acts as another major growth-inducing factor.

Moreover, with the growing prevalence of chronic diseases and increasing demand for healthcare services, the pharmaceutical industry is constantly undergoing changes and upgrades, which is escalating the demand for MOM software to facilitate the production process of medical essentials. Apart from this, the rising awareness regarding hygiene, sustainability, food safety, and traceability is also encouraging the extensive adoption of this software in the food and beverage (F&B) sector.

Furthermore, various manufacturers are developing effective operations and agility due to the rising competition in the market to provide secure, customized, and modern software platforms that give supervisors, operators, and plant managers the insights and visibility to make decisions, thus creating a positive market outlook.

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Key Market Segmentation:

Top Manufacturing Operations Management Software Companies:

  • ABB Ltd.
  • Aegis Industrial Software Corporation
  • Aspen Technology Inc.
  • Critical Manufacturing (ASM Pacific Technology Limited)
  • Dassault Systemes SE
  • Emerson Electric Co.
  • General Electric Company
  • Honeywell International Inc.
  • International Business Machines Corporation
  • Oracle Corporation
  • Plex Systems Inc.
  • Siemens AG

Breakup by Functionality:

  • Inventory Management
  • Labor Management
  • Manufacturing Execution System (MES)
  • Process and Production Intelligence
  • Quality Process Management
  • Others

Breakup by Enterprise Size:

  • Small and Medium Enterprises
  • Large Enterprises

Breakup by Industry Vertical:

  • Automotive
  • Chemical
  • Healthcare
  • Food and Beverages
  • Consumer Goods
  • Aerospace and Defense
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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Airport Baggage Handling System Market Size, Growth, Industry Report 2023-2028

According to IMARC Group’s latest research report, titled “Airport Baggage Handling System Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,”  offers a comprehensive analysis of the industry, which comprises insights on the airport baggage handling system market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global airport baggage handling system market size reached US$ 3.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.6 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.

Airport Baggage Handling System Market Overview:

The baggage handling system (BHS) refers to a conveyor system that is widely adopted to transfer checked luggage from the ticketing counters to airplane loading gates. It involves bag tracking, load balancing, volume regulation, and screening luggage for security reasons. The system utilizes numerous devices, such as barcode scanners, tilt tray sorters, radio frequency sensors, automatic jam readers (AJR), automatic tag readers (ATR), and vertical sortation units to provide efficient and transparent baggage handling to travelers and minimize the workload for the ground staff. Due to the rising demand for automation, there has been a considerable shift towards the adoption of fully automated and computer-guided airport baggage handling systems.

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Global Market Demand Analysis:

Significant growth in the aviation industry is driving the global market. This can be supported by the increasing number of flight passengers and the shifting lifestyle preferences of individuals. Moreover, continuous technological advancements in airport infrastructures, such as the integration of baggage handling with radio frequency identification (RFID) and artificial intelligence (AI), are providing a boost to the market. Furthermore, the rising international trade and continual developments in the tourism sector are impacting the demand for airport baggage handling systems. Other factors, including rapid urbanization and the growing investments by leading players in extensive research and development (R&D) activities to develop advanced product variants with increased capacity and quick turnaround time, are also influencing the market.

Top Companies in Airport Baggage Handling System Industry:

  • Siemens
  • Vanderlande
  • Daifuku Company
  • Pteris Global
  • Beumer Group
  • Fives Group
  • G&S Airport Conveyer
  • Grenzebach Maschinenbau
  • BCS Group
  • Logplan, Glidepath Group
  • Ansir Systems
  • Babcock International Group
  • SITA

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Key Market Segmentation:

Market Breakup by Identification Technology:

  • Barcode System
  • RFID System

Market Breakup by Airport Class:

  • Class A Airport
  • Class B Airport
  • Class C Airport

Market Breakup by Check-In Type:

  • Assisted Service Bag Check-In
  • Self-Service Bag Check-In

Market Breakup by Type:

  • Conveyor System
  • Destination Coded Vehicle

Market Breakup by Efficiency:

  • Below 3000
  • 3000 to 6000
  • Above 6000

Market Breakup by Cost Analysis:

  • Operational Cost Analysis
  • Installation Cost Analysis

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

India Mobile Gaming Market Growth, Industry Report 2023-2028

According to latest research report by IMARC Group “India Mobile Gaming Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” offers a comprehensive analysis of the industry, which comprises insights on the India mobile gaming market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The mobile gaming market in India is expected to exhibit a growth rate (CAGR) of 18.9% during 2023-2028. 

India Mobile Gaming Market Overview:

Mobile gaming refers to playing video games on portable devices, such as smartphones and tablets. It features 2D or 3D graphics that are created using royalty-free, cross-platform application programming devices. It relies on high-end components, including a fast graphics processing unit (GPU), central processing unit (CPU), large random-access memory (RAM), and high-resolution display screens. It is generally designed to be played in short sessions and is easy to pick up and play. It can be downloaded from the internet or portals of mobile operators via infrared connection, Bluetooth, and memory cards. It ranges from simple and basic games to more sophisticated games, such as 3D and augmented reality games.

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India Mobile Gaming Market Drivers:

The growing adoption of smartphones among individuals is driving the market in India. Coupled with this, the rising penetration of high-speed internet connectivity is contributing to the overall growth of the market. Moreover, the increasing utilization of innovative technologies for developing virtual reality (VR) and augmented reality (AR) games and 3D gaming is providing a boost to the demand. Since mobile gaming offers instant gratification, with games available for download and play anytime, anywhere, this is creating a positive market outlook. Furthermore, the growing number of esports leagues and mobile gamers is acting as other growth-inducing factors. The market is further driven by the escalating demand for digital entertainment and extensive research and development (R&D) activities by key players.

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Key Market Segmentation:

Breakup by Monetization Type:

  • In-app Purchases
  • Paid Apps
  • Advertising

Breakup by Platform:

  • Android
  • iOS
  • Others

Breakup by Game Type:

  • Sports
  • Strategy
  • Action
  • Adventure

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800