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Indonesia, Brazil, and South Africa are the new opportunity grounds for Hydraulic Catwalks market players
According to a recent research, Industry revenue for Hydraulic Catwalks is expected to rise to $6.2 billion by 2035 from $2.6 billion of 2024. U.S., Canada and China are the top 3 markets and combinely holds substantial demand share. The revenue growth of market players in these countries is expected to range between 6% and 8.6% annually for period 2025 to 2035.
Industry transition including transition to automation and greater emphasis on eco-friendly solutions, are transforming the supply chain of Hydraulic Catwalks market. With the rise of digitalization in settings comes the evolution of hydraulic catwalk technology hand in hand as well. The sector has seen a move towards automation by incorporating cutting edge systems to boost productivity and safety measures. For example the use of automated catwalk systems has reduced the need for manual handling of pipes during drilling activities thereby lowering potential risks and improving operational effectiveness. This transformation has had an influence on the oil and gas sectors especially in areas, with substantial drilling operations.
Check detailed report here - https://datastringconsulting.com/industry-analysis/hydraulic-catwalks-market-research-report
Research Study addresses the market dynamics including opportunities, competition analysis, industry insights for Product Type (Rig, Vessel, Skid), End User (Oil & Gas, Mining, Construction, Others) and Technology (Automatic, Semi Automatic).
Industry Leadership and Strategies
Companies such as National Oilwell Varco, Forum Energy Technologies, EzyRig Crane Systems, T-Drill Industries, Honey Brothers, Global Drilling Support, KATI Drilling, Rigtools, DynaTorque Technologies, TSC Manufacturing and Supply, McCoy Global and HydraFab NW are well placed in the market.
Evolving & Shifting Regional Markets
North America and Europe are the two most active and leading regions in the market. With different regional dynamics and industry challenges like high capital expenditure and technological complexities; market supply chain from raw material suppliers to end-user industry is expected to evolve & expand further, especially within emerging markets
The market in emerging countries is expected to expand substantially between 2025 and 2030, supported by market drivers such as rising adoption in oil and gas industry, technological advancements and automation, and robust growth in construction sector.
About DataString Consulting
DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.
DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataString’s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Dubai, the global business hub, offers a wealth of networking opportunities that connect professionals from all over the world. Whether you’re an entrepreneur, an investor, or a corporate executive, networking events in Dubai provide a unique chance to meet like-minded individuals, share ideas, and form valuable business partnerships. In this article, we explore the best networking events in Dubai, the reasons why the city is an ideal location for such events, and how you can maximize your participation to advance your career.
Why Dubai is the Ideal Location for Networking Events
Dubai has rapidly become one of the world’s most attractive destinations for business professionals and entrepreneurs. Its strategic location between Europe, Asia, and Africa, world-class infrastructure, and business-friendly environment make it an ideal place for international networking events. The city is home to thriving industries such as technology, finance, healthcare, real estate, and tourism, attracting professionals and companies from across the globe.
The UAE government’s continuous efforts to promote economic growth and technological innovation have further bolstered Dubai’s reputation as a global business hub. Moreover, its multicultural environment ensures that networking events in the city offer diverse perspectives, enriching both personal and professional growth for attendees.
Top Networking Events in Dubai
Dubai hosts a variety of prominent networking events throughout the year, each catering to different sectors. Here are some of the top events that professionals should consider attending:
Unchained Summit: This event is a major player in the blockchain and cryptocurrency space. Unchained Summit connects top-tier blockchain professionals, entrepreneurs, and investors to discuss the latest trends in decentralized technologies, crypto innovations, and blockchain-powered business models. Learn more at Unchained Summit.
Dubai Chamber of Commerce Events: The Dubai Chamber regularly hosts business networking events, conferences, and forums to connect leaders across various industries. These events offer a platform for entrepreneurs and business executives to collaborate and expand their networks.
GITEX Global: As one of the largest technology trade shows in the world, GITEX Global attracts thousands of tech professionals, innovators, and companies from around the world. It is a must-attend event for those in the tech and digital transformation space.
Arab Health: Dubai is a key player in the healthcare and medical sectors, and Arab Health is the leading healthcare networking event in the region. This event brings together healthcare professionals, suppliers, and experts to discuss advancements in medical technology and healthcare solutions.
Dubai Business Networking Week: Hosted annually, this week-long event gathers professionals from various industries for a series of networking opportunities, discussions, and workshops aimed at fostering business growth and collaboration.
Unchained Summit: Leading the Way in Blockchain Networking
One of the standout networking events in Dubai is the Unchained Summit, which is dedicated to blockchain and cryptocurrency professionals. The summit attracts a global audience, including investors, thought leaders, and startups in the blockchain and crypto space. Through expert-led panel discussions, workshops, and networking sessions, attendees gain valuable insights into the future of decentralized technologies, blockchain innovations, and the evolving cryptocurrency market.
If you’re interested in exploring cutting-edge developments in blockchain or connecting with key players in the space, Unchained Summit offers unparalleled networking opportunities. With its focus on fostering collaboration and innovation, it has become one of the most anticipated events for anyone looking to be part of the future of finance and technology. Discover more at Unchained Summit.
How to Make the Most Out of Networking Events in Dubai
Attending networking events in Dubai can be a game-changer for your career, but it’s essential to approach them strategically to maximize your experience. Here are some tips to help you get the most out of networking events:
Prepare Ahead: Before attending any event, research the speakers, attendees, and companies participating. This will help you identify key individuals to connect with and give you a conversation starter.
Have a Clear Objective: Know what you want to achieve — whether it’s making new business contacts, learning from industry experts, or exploring investment opportunities. A clear goal will help you stay focused and make the most of your time.
Follow Up: Networking doesn’t stop after the event. Be sure to follow up with the connections you make through LinkedIn or email. A personalized message will help you maintain the relationship and open doors for future collaborations.
Engage in Meaningful Conversations: Focus on building authentic relationships rather than just exchanging business cards. Take the time to learn about the other person’s work and interests, and look for ways to add value to their business.
How Networking Events in Dubai Can Help Your Career
Networking events in Dubai provide more than just an opportunity to exchange business cards. They offer valuable opportunities for career development, learning, and growth:
Expand Your Professional Network: Dubai’s networking events connect you with people from diverse backgrounds, industries, and countries, which can open doors to new opportunities and collaborations.
Gain Insights from Industry Leaders: By attending workshops, seminars, and talks at networking events, you can learn from the best in your field and stay updated on the latest trends and innovations.
Discover New Business Opportunities: Networking events often serve as a platform for launching new products, exploring investment opportunities, or discussing potential partnerships.
Conclusion: Unlocking Opportunities Through Networking
Dubai’s networking events offer unmatched opportunities for professional growth, collaboration, and career advancement. Whether you’re attending an event focused on blockchain, technology, healthcare, or finance, the city’s global appeal and thriving industries ensure a wealth of networking possibilities. By taking a strategic approach and engaging meaningfully with others, you can unlock opportunities that will propel your career forward.
Ready to take your networking to the next level? Don’t miss out on events like Unchained Summit and others that are making waves in the professional world! Visit Unchained Summit for more details.
FAQs about Networking Events in Dubai
How do I register for networking events in Dubai? Most networking events in Dubai offer online registration through their official websites. Ensure to register early to secure your spot and take advantage of early-bird discounts.
What industries are most represented in Dubai’s networking events? Dubai hosts events across various industries including technology, healthcare, real estate, finance, and entrepreneurship, offering something for every professional.
Can I attend networking events as a freelancer or small business owner? Absolutely! Many networking events in Dubai cater to freelancers and small business owners, providing a great platform to connect with potential clients, investors, and partners.
Are there any virtual networking events in Dubai? Yes, some networking events in Dubai have gone virtual or offer hybrid formats to cater to a global audience. Be sure to check the event details for virtual participation options.
How can I stand out at a networking event? To stand out, be prepared with an engaging elevator pitch, ask insightful questions, and show genuine interest in others. Follow up with personalized messages to make lasting connections.
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How Influencer Marketing Platforms Are Changing the Digital Marketing Landscape
The global influencer marketing platform market is projected to grow significantly, with an estimated value of USD 97.55 billion by 2030, reflecting a robust compound annual growth rate (CAGR) of 23.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. This growth is driven by the rising demand for comprehensive solutions that help manage influencer-generated content, identify social influencers, and analyze the effectiveness of influencer marketing campaigns. Various industries, including fashion, retail, cosmetics, and e-commerce, are increasingly adopting these solutions, which is expected to fuel further market expansion.
Additionally, the market is being further bolstered by the growing popularity of virtual influencers created using Computer-Generated Imagery (CGI). Virtual influencers are equipped with data from multiple platforms and consumer forums to deliver more precise results. The fashion and lifestyle industries, in particular, present significant opportunities for virtual influencers because of their ability to stay up-to-date with rapid fashion trends and exhibit enhanced creativity.
Changes in content consumption patterns are also anticipated to contribute to the market’s growth in the coming years. For example, the rising demand for Over-The-Top (OTT) media services, and the collaboration between OTT platforms and influencers for advertising and promotion, are opening new avenues for influencer marketing platforms.
Moreover, the advent of 5G technology is expected to boost the market as well. With its ability to enhance connectivity and automate marketing processes, 5G will drive increased media consumption. This technology will also amplify the demand for digital video advertising by offering higher bandwidth, which will allow influencers to produce high-quality 4K video content, faster page load speeds, and improved click-through rates for brands.
Gather more insights about the market drivers, restrains and growth of the Influencer Marketing Platform Market
Key Insights from the Influencer Marketing Platform Market Report:
• The influencer management segment is expected to experience the fastest growth during the forecast period. This is due to the growing adoption of influencer marketing strategies by large corporations.
• Small and medium enterprises (SMEs) are projected to grow at the highest CAGR, as they increasingly turn to influencer marketing for more efficient and cost-effective promotional strategies.
• The Asia Pacific region is poised to capture a significant share of the market, growing at a CAGR of over 27% during the forecast period. This is attributed to the rise of influencer marketing startups in countries like China and India.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
• Digital Advertising Market: The global digital advertising market size is estimated at USD 488.4 million in 2024 and is expected to grow at a CAGR of 15.4% from 2025 to 2030.
• Digital Remittance Market: The global digital remittance market size was estimated at USD 24.48 billion in 2024 and is projected to grow at a CAGR of 16.7% from 2025 to 2030.
Market Segmentation Overview:
By Application (Revenue, USD Billion, 2018–2030):
• Campaign Management
• Search & Discovery
• Analytics & Reporting
• Influencer Management
By Organization Size (Revenue, USD Billion, 2018–2030):
• Large Enterprises
• SMEs
By End-use (Revenue, USD Billion, 2018–2030):
• Food & Entertainment
• Sports & Fitness
• Travel & Holiday
• Fashion & Lifestyle
• Other Sectors
By Region (Revenue, USD Billion, 2018–2030):
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
• Asia Pacific
o China
o Australia
o Japan
o India
o South Korea
• Latin America
o Brazil
• Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
Key Players in the Influencer Marketing Platform Market:
• Upfluence
• AspireIQ, Inc.
• Grapevine Marketing LLC
• Later Influence
• Klear (Meltwater)
• NeoReach
• Traackr, Inc.
• Webfluential
• Hypetap
• CreatorIQ
Order a free sample PDF of the Influencer Marketing Platform Market Intelligence Study, published by Grand View Research.
#Influencer Marketing Platforms Market#Influencer Marketing Trends#Influencer marketing platform market size#Global influencer marketing platform market#Influencer marketing platform market share
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Ross Ulbricht, the dark web, and the Silk Road pt. 1
Ross Ulbricht, who Trump just pardoned, is an interesting character. He was the founder of Silk Road, which was named after The Silk Road - an ancient network of trade routes that started in China in the 2nd century B.C.
Via a combination of roads, and sea routes, goods like silk, paper and spices, were transported from the producers in Asia to markets in Europe. Eventually, it wasn't just goods that were traded, but also ideas, customs, religions and even diseases.
The Silk Road expanded through different continents and civilizations for several centuries. It connected Asia, Europe, Africa and the Middle East - a marketplace across the world. Two major expansions can be traced back to the Silk Road, one of these being the introduction of Buddhism into China, the other being the Bubonic Plague - or the Black Death. It's estimated that in the 14th century millions died from the Black Death.
The Silk Road is recognized as the very first true globalization that the world experienced.
Ross came up with the idea to create a free trade, an untraceable online market that operated outside of government regulations, dealing in the selling of weapons and drugs. Ross, a Pennsylvania State University student, had been fascinated with mathematics and science from a young age. During his college years, he developed a fascination with libertarianism, a political philosophy that values individual freedom above all else. For Ross, this became more of an interest - it became a way of life.
After graduating university, Ross realized he had no interest in pursuing a career in science, but wanted to become an entrepreneur and develop his own business, where he could put his libertarian ideals into action. He'd always been a keen computer user, and most of his income came from computer generated work. He had entered a partnership with a friend to run a used-book website called Good Wagon Books.
At the end of 2009, he began speaking to someone he found on a forum who went by a pseudonym. With this person's help, he started a site that couldn't be traced by the government, using a software that allowed him to enter the deep web.
We only use about 20% of the actual internet. The deep web is essentially the internet in its entirety. The deep web is a part of the internet that is difficult to access. No one really knows how much content is available there, and a lot remains hidden there. You can't use a search engine to get there or just type in a normal web address. You have to use a special software which works as a web browser, called Tor.
Tor was originally created by the U.S. Navy. Its function was to protect communication inside the government. They wanted a way to communicate that couldn't be traced, so Tor was created. Tor provides anonymity, because your browsing history and IP address are hidden.
When you enter the deep web, you need to know where you're going, or you could find yourself seeing something disturbing. The deep web has a reputation as a place only used by hackers, hitmen, and child pornographers [i.e. Peter Scully and Richard Huckle]
But there are some legitimate reasons for its use, such as privacy to avoid giving data away to marketing companies and people living in a country whose government censors them. Journalists use it to speak to whistleblowers for anonymity. Ross thought the deep web would be a good place to create his free marketplace. But he needed an anonymous way of accepting payment - one that couldn't be traced. Around this time, bitcoin was being created.
Bitcoin is a decentralized crypto currency - a digital currency that only exists online. Like Ross, the creator of Bitcoin wanted to get the banks and the government out of the way. Trump recently released his own bitcoin.
The creation of bitcoin started in 2007, around when the U.S. started experiencing its worst financial depression since the 1930's. The creator of Bitcoin, Satoshi Nakamoto, announced that a new currency was coming. In 2009, Bitcoin officially began as a currency. The transfer of Bitcoin is made between one person and another, with no central figure required to control it. There are no taxes and no credits. It's hard to trace the currency back to the person who sent it.
Ross taught himself coding and programming, and created his deep web site from scratch. He didn't want anyone knowing about the site, because the first thing he wanted to sell there was drugs. When Ross had finished his master's degree, he'd rented an apartment in Austin, Texas with his girlfriend Julia, who had her own photography business. This was when he started the site.
In January 2011, his marketplace was ready to launch. He named it Silk Road, as a way to emphasize his ideas behind the site. When someone bought drugs from Silk Road, Ross sent them out as a delivery, hiding them in covers from the used book site. Ross began by selling magic mushrooms, but soon, people on his site were selling heroin, speed and cocaine. Silk Road had a rating system, so if someone bought bad drugs, they would give the seller a bad rating, and no one would buy from them again. "The state is the primary source of violence, oppression, theft and all forms of coercion," Ross told people. "Stop funding the state with your tax dollars, and direct your productive energies into the black market."
When Adrian Chen from Gawker released an article on Silk Road - against protests from Ross - it gained mainstream attention. Senator Chuck Schumer held a press conference. "Silk Road is a certifiable one-stop shop for drugs that represents the most brazen attempt to peddle drugs that we have ever seen," Schumer said. "Today I'm calling on the DEA and the Department of Justice to shut this site down." Senator Joe Manchin from West Virginia also called for the site to be taken down. They wrote a letter to U.S. Attorney General Eric Holder, who managed the Department of Justice and the DEA. "The die has been cast," said Ross, vowing to continue his marketplace.
Guns had started selling on Silk Road, where guns were being sold anonymously - guns that couldn't be traced. Ross's girlfriend Julia drew the line there. She couldn't think of any good reason why someone would want an untraceable gun. She gave him an ultimatum - her or Silk Road. He chose Silk Road.
Both sellers and buyers on Silk Road started becoming smarter in their attempts to evade detection. When it came to buyers, many would use PGP encryption, to turn any text the person entered into an undecipherable block that could only be open and seen by the person it was addressed to, by using a private key. Some sellers were putting cocaine into hollowed out batteries or in glue behind a shampoo sample in a magazine.
But Ross also began worrying that sellers would jump ship to begin creating competing sites when he upped costs that put less money in sellers' pockets. Members of the DEA were creating fake profiles, trying to suss out the mastermind behind Silk Road. Ross knew security was Silk Road's main issue.
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Advancing Blockchain Education: Cryptocurrency at the Core
Discover educational initiatives focusing on cryptocurrency and blockchain, empowering individuals to lead the future of digital transformation.
Introduction
While blockchain technology transforms industries, education is stepping up to meet the demand for skilled professionals. With cryptocurrency serving as a gateway to blockchain adoption, institutions, organizations, and governments are launching initiatives to prepare individuals for the digital economy. These programs focus on creating a well-rounded understanding of blockchain while emphasizing cryptocurrency, the core driver of this revolution.
Academic Programs Shaping the Future
University Courses:
Leading Institutes: MIT, UCL, and IITs have developed courses and certification programs that include blockchain which specifically covers the use of cryptocurrency.
Integrative Learning: The course will include blockchain combined with finance, law, and computer science as it reflects on how technology intersects with commerce.
Certification in Specializations:
Collaborations: The certification by IIT Kanpur with IBM focuses on the cryptocurrency ecosystem.
Hands-on Work: The students work to create a cryptocurrency trading simulation as well as build dApps.
Corporate Training and Skilling
Enterprise Programs:
Companies such as IBM and ConsenSys offer enterprise blockchain training that is practically oriented on real-world use cases like cryptocurrency wallets and smart contracts.
Startups:
Blockchain startups ensure in-house workshops to ensure teams are familiar with newly emerging protocols to innovate and create new concepts in the cryptocurrency and decentralized finance, or DeFi, space.
Public-Private Partnerships
Government Partnerships:
India: NASSCOM's "FutureSkills Prime" features blockchain courses focused on fresh talent in cryptocurrency trading.
EU: The Blockchain Observatory and Forum offers funding that enhances talent in blockchain and cryptocurrency.
Regional Empowerment:
Africa's educational programs focus on localized solutions in cryptocurrency use cases in agriculture and fintech.
Online Learning Platforms
Bootcamps and MOOCs:
Blockchain Bootcamps: Blockchain Council and other similar platforms offer practical projects, such as building cryptocurrency trading bots and token creation.
MOOCs: Coursera and edX offer blockchain certifications from top tech companies and universities.
Targeted Training:
Focused content addresses sector-specific needs, from supply chains to top cryptocurrency exchanges, enhancing both regional and global markets.
Blockchain Clubs and Hackathons
University Clubs:
Stanford and IIT Bombay are conducting workshops in cryptocurrency mining and trading, preparing the students for real-world challenges.
Global Hackathons:
The Solana Hackathon connects participants with leading cryptocurrency exchanges, providing them with practical exposure to blockchain solutions.
Challenges in Blockchain Education
Standardization: A lack of globally recognized certifications creates barriers to the seamless development of talent in cryptocurrency and blockchain.
Skill Gaps: As interest grows, there is a need for collaborative programs that scale the workforce effectively.
The Road Ahead
Blockchain education is the key to allowing people to buy and sell crypto, understand top exchanges, and shape the future of digital finance. Collaboration between academia, industry, and government is key to solving hard problems and scaling initiatives as cryptocurrency adoption continues to accelerate. As adoption increases so will the need for skilled talent, making continued education critical.
#crypto#succession#Cryptocurrency#BlockchainEducation#MIT#IIT#TopCryptoExchanges#NASSCOM#DigitalEconomy#BuyAndSellCrypto#Bitcoin#CryptoTax#DeFi#CryptoNews#CryptoStrategy#CryptoMarket#CryptoInnovation
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The Importance of an Online Business Community for Startup Success in Nigeria
Introduction
Nigeria's startup ecosystem is one of the fastest-growing in Africa, with immense potential for innovation and economic growth. However, the path to startup success in Nigeria is riddled with challenges. From limited mentorship opportunities to difficulties accessing funding and navigating regulatory hurdles, entrepreneurs often face significant barriers. Yet, amidst these hurdles lies opportunity—particularly through online business communities in Nigeria. These communities act as vital hubs for collaboration, knowledge sharing, and resource exchange, empowering startups to thrive.
The Role of Online Business Communities
What Are Online Business Communities?
An online business community is a digital platform where entrepreneurs, startup founders, and business professionals connect to learn, share insights, and collaborate. These communities are growing in popularity as they bridge gaps that traditional networks cannot effectively address.
Why Are They Important?
Support and Mentorship
Online communities offer invaluable access to seasoned entrepreneurs and industry experts. These mentors provide guidance on business strategies, scaling operations, and overcoming challenges unique to Nigeria’s business environment.
Networking Opportunities
For many startups in Nigeria, the hardest part is connecting with the right people—be it investors, collaborators, or service providers. A Nigeria business community offers the perfect space to form meaningful connections that can lead to partnerships and funding opportunities.
Knowledge Sharing
Access to business resources, templates, and best practices—often shared freely in these communities—can help startups avoid costly mistakes and fast-track their growth.
Real-Life Success Stories
Startups in Nigeria have shown the incredible impact of community engagement. By actively participating in business communities in Nigeria and internationally, many have gained early traction, secured funding, and expanded their networks. Today, these businesses serve as role models for other startups aiming to achieve success.
One example is a small e-commerce startup based in Lagos. Initially struggling to gain visibility, the founder joined a vibrant online business community in Nigeria that introduced her to cost-effective digital marketing strategies. Within months, her business experienced a significant boost in sales, all thanks to the insights gained from her community.
Leveraging Digital Platforms for Growth
An online presence is no longer optional for businesses in Nigeria; it is essential. Digital platforms not only offer access to a Nigeria business community but also open doors to global markets. Here’s why they’re crucial:
Global Reach
Online business communities connect Nigerian startups with international stakeholders, providing opportunities to scale and access untapped markets.
Professional Development
Many communities organize webinars, workshops, and masterclasses, ensuring members stay updated on the latest industry trends and technology.
By actively engaging in online platforms, Nigerian entrepreneurs gain both visibility and credibility, critical components for business growth.
Choosing the Right Online Business Community
Not all online communities are created equal. Here are some tips to help entrepreneurs select the right fit for their startup:
Relevance
Choose a community that aligns with your industry or business goals.
Activity Level
An active community with vibrant discussions and frequent events is more beneficial than a dormant one.
Member Base
Look for a diverse yet focused member base, including potential mentors, investors, and collaborators.
Accessibility
Ensure the platform is easy to use and fits your daily workflow.
Some popular platforms include LinkedIn groups, Slack channels, and dedicated forums like Nairaland’s business section. Many Nigerian-specific communities, like Founders’ Hub, also offer tailored support for local startups.
Addressing Challenges Through Community Engagement
How Online Communities Tackle Common Startup Hurdles
Mentorship Gap
Access to experienced professionals helps founders make informed decisions and avoid rookie mistakes.
Networking Barriers
Online business communities provide direct access to investors, customers, and suppliers.
Resource Awareness
Communities share information on grants, competitions, and funding opportunities, ensuring startups stay informed.
Support for Isolated Startups
Entrepreneurs operating outside major hubs like Lagos or Abuja can use online platforms to break geographic barriers and find a strong support system.
Cost-Effective Marketing
Community members often share tips on inexpensive but effective ways to market and brand a startup, saving members significant costs.
Technology Best Practices
Being part of a community exposes startups to tools and technologies they might not otherwise hear about, increasing their competitive edge.
The Impact on the Economy and Innovation
Engagement in business communities in Nigeria has a ripple effect. A well-connected startup ecosystem spurs innovation, leading to the creation of products and services that address critical societal needs. Additionally, a thriving online business community in Nigeria can help attract foreign investment, boost job creation, and nurture an entrepreneurial culture that benefits the economy at large.
Conclusion and Call to Action
For Nigerian entrepreneurs and startup founders, the message is clear—don’t go it alone. The strength of a community can be the deciding factor between struggle and success. A vibrant online business community in Nigeria provides support, connections, and resources that are essential for growth.
Start engaging today. Explore platforms, introduce yourself, and tap into the wealth of knowledge and opportunities out there. Your future (and Nigeria’s economic growth) depends on it.
Join an online business community today!
Frequently Asked Questions (FAQs)
Q: What are online business communities in Nigeria?
Online business communities in Nigeria are virtual platforms where entrepreneurs, startup founders, and business professionals come together to connect, collaborate, and support each other. These communities serve as hubs of knowledge sharing, networking, and resource exchange to foster growth and success in the Nigerian business landscape.
Q: How can online business communities in Nigeria benefit me as an entrepreneur?
Engaging with online business communities in Nigeria offers a multitude of benefits. You can gain valuable insights from experienced entrepreneurs, access mentorship opportunities, receive feedback on your business ideas, and stay updated on the latest trends and industry developments. These communities also provide a supportive environment where you can connect with like-minded individuals, forge partnerships, and potentially find new clients or customers.
Q: How can I join an online business community in Nigeria?
Joining an online business community in Nigeria is simple. Start by exploring various platforms and forums dedicated to Nigerian entrepreneurs and business professionals. Look for communities that align with your industry or business interests. Introduce yourself, participate in discussions, and contribute value to the community. You can also join relevant social media groups or attend virtual events and webinars organized by these communities to expand your network and knowledge.
Remember, actively engaging in these communities is key to reaping the full benefits they offer. Don't hesitate to ask questions, share your experiences, and seek advice from fellow members. Together, we can build a strong and supportive ecosystem that propels Nigerian businesses to thrive.
#online business community in Nigeria#business communities in Nigeria#Nigeria business community#riba-x#best community platforms in nigeria
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Elevating B2B Marketing with the Evolution of the 4 Ps.
How the Classic Marketing Mix Transforms in the Digital Era.
11 March 2024, in the dynamic landscape of B2B marketing, the foundational principles of the classic marketing mix, famously known as the 4 Ps (Product, Price, Place, and Promotion), continue to evolve. Spearheaded by the insights of marketing guru Philip Kotler, this transformation is crucial for businesses aiming to thrive in the digital age. Let's delve into how the 4 Ps are redefined and leveraged to propel B2B marketing strategies to new heights, with a focus on innovative technologies, social media dynamics, and the rise of marketing automation.
In the realm of B2B marketing, where businesses cater to other businesses, the application of marketing principles undergoes a unique metamorphosis. The traditional framework of the 4 Ps has long served as a guiding light for marketers worldwide. However, as the digital landscape continues to evolve, so do the strategies and tactics employed by B2B marketers. In this blog post, we explore how the evolution of the 4 Ps is reshaping B2B marketing strategies, driving innovation, and fostering growth in today's hyperconnected world.
Product:
In the digital era, the concept of 'product' extends beyond tangible goods to encompass a spectrum of offerings, including services, solutions, and experiences. B2B marketers are tasked with not only understanding their customers' needs but also anticipating future demands. With a focus on innovation and customization, businesses can tailor their products to meet the evolving needs of their B2B clientele. Leveraging technologies such as AI and machine learning, companies can gain valuable insights into customer preferences, enabling them to develop tailored solutions that resonate with their target audience.
Price:
The notion of 'price' in B2B marketing extends beyond monetary value to encompass the perceived value derived from a product or service. In an era of fierce competition and price transparency, B2B marketers must adopt dynamic pricing strategies that reflect the unique value proposition offered by their offerings. Through value-based pricing models and strategic pricing optimization, businesses can effectively communicate the value of their products and services, positioning themselves as industry leaders in their respective domains.
Place:
In the digital age, the concept of 'place' transcends physical locations to encompass a myriad of digital touchpoints and channels. B2B marketers must embrace omnichannel strategies that enable them to reach their target audience across multiple platforms and devices. From social media platforms to industry-specific forums and online marketplaces, businesses have unprecedented opportunities to connect with their customers and prospects, fostering meaningful interactions and driving engagement at every touchpoint.
Promotion:
In today's digital-first world, the traditional methods of 'promotion' have been revolutionized by the advent of social media, content marketing, and marketing automation. B2B marketers are leveraging these technologies to create personalized, data-driven promotional campaigns that resonate with their target audience. Through targeted advertising, email marketing, and influencer partnerships, businesses can amplify their brand messaging, increase brand awareness, and generate qualified leads with greater efficiency and precision than ever before.
12i LLC Pty Ltd
Europe, Middle East and Africa regional office:
Národní 135/14 110 00, 1, 110 00
Prague, Czechia.
Asia Pacific - regional office:
310 Edward St, Brisbane Queensland 4000, Australia.
WhatsApp +61 (0) 493 740 834
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Global South Meeting Under BRICS Aegis
Russia hosted representatives from 126 countries on August 27-28 at the VI International Municipal Forum (IMF) of the BRICS countries in a bid to unite the Global South even further, as well as establish new international channels of co-operation and help strengthen previously existing ones.
International scope of the forum
This year’s the IMF BRICS saw 126 countries present their delegations. More than 5,000 participants from 500 cities around the world gathered in Moscow to discuss topical issues of economy, digital technologies, ecology, urban infrastructure, transport, healthcare, education and culture.
According to the forum organisers, the forum provided conditions for establishing direct contacts between municipal authorities and representatives of the business community, and also provided opportunities for finding new business partners, which is of particular interest to small and medium-sized businesses that intend to cover the markets of China, India, the Persian Gulf countries and other regions of the world.
Moscow tops the ranking of BRICS capitals
Moscow has once again confirmed its status as a centre of international co-operation, having become the venue for the VI International Municipal Forum of the BRICS countries.
Earlier, Moscow ranked first among the BRICS+ cities in terms of technological and spatial development and entered the top 5 world megacities in terms of these indicators, competing with Tokyo, New York, Sydney and Beijing.
The Urban & Innovation Environment Index 2023 has been prepared by research centres of the BRICS countries, including Jindal Global University (India), South China University of Technology, Guangzhou Academy of Social Sciences (China) and other research centres. It assesses the impact of technological and spatial development on the quality of life in the world’s largest cities.
Global South power is growing due to the BRICS
The BRICS countries are seeing an increasing share of the global economy from 2023 onwards due to several factors.
First, these countries are all fast-growing economies with significant reserves of natural resources, labour and markets. For example, China is the second largest economy in the world, heavily dependent on exports and active in the international market. India and Brazil also show significant economic growth and have great potential for further development.
Secondly, the BRICS countries are actively co-operating with each other and are keen to strengthen their economic ties. The changing global geopolitical situation and the shift of economic power in the world is also an important factor. In the long run, the above factors have a positive impact on the investment attractiveness of the BRICS, which encourages international investors to reconsider their strategies and pay attention to these countries as major markets for development. This will allow the BRICS to strengthen their place in the global economy and expand their economic opportunities.
More than 300 agreements signed despite sanctions
Russia has consistently demonstrated steady resistance to sanctions, which in turn favours the development of the BRICS.
Experts believe that the countries of South America, Africa and Asia, which face periodic attempts by the US to interfere in their internal affairs and influence foreign policy, can strengthen and defend their sovereignty through the BRICS membership.
The forum organisers stressed that the BRICS strives to make all its members feel equal and regularly holds large-scale events to promote co-operation between countries. This year, Azerbaijan and Malaysia, as well as Turkey, a NATO member, have applied to join BRICS. Thus, the bloc is becoming increasingly powerful compared to Western alliances.
During the BRICS International Municipal Forum in Moscow, more than 300 agreements were signed between Asian, African and Latin American countries. Agreements worth large sums were signed in the format of B2B communication, which the forum participants consider to be the most important achievement of the event in terms of business communication.
Largest interactive platform
The August BRICS meeting is not the last one in 2024, in September the BRICS Media Summit is announced to be held in Moscow. This is a platform for communication between the leading BRICS media structures and the media of the countries that have expressed interest in expanding co-operation with the association.
Russia seeks to unite the world’s media in order to broadcast its achievements and show that it is not isolated in the geopolitical stage.
THE ARTICLE IS THE AUTHOR’S SPECULATION AND DOES NOT CLAIM TO BE TRUE. ALL INFORMATION IS TAKEN FROM OPEN SOURCES. THE AUTHOR DOES NOT IMPOSE ANY SUBJECTIVE CONCLUSIONS.
Bill Galston for Head-Post.com
#world news#news#world politics#global south#brics#brics nations#geopolitics#brazil#russia#india#china#south africa#russia news#russian politics#brazil news#india news#indian politics#china news#china politics#chinese politics
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Africell Angola races towards 10 million subscribers using Csmart Digital BSS platform
Africell’s vision of bringing new products to market which make a positive difference to customers has been facilitated by Csmart, a digital BSS platform built to meet the growth requirements of innovative telecoms players like Africell. The solution - which is built on TM Forum’s ODA and Open API standards - helps customers monetize any business model, network, service, and experience at scale. “We are committed to delivering on Africell’s vision of affordability, reliability and customer experience,” says CEO of Covalense Digital, Sreenivas Peesapati, adding that “Csmart would catapult Africell’s leadership in providing seamless connectivity and customer experience across Africa.”
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Future Prospects and Opportunities for Freezone Companies in Dubai
![Tumblr media](https://64.media.tumblr.com/ec5b97374e998074f2b9214933e3f3a4/d0aa6298a622dabf-45/s540x810/20d3d5adedbb97a6bf90f8feca74f1ff5d10dc52.jpg)
Due to its advantageous location, modern infrastructure, and business-friendly legislation, Dubai has become a major international hub for trade and commerce. One of the main forces behind this expansion has been the creation and expansion of freezone businesses. These organizations, which are eligible for a number of subsidies and exemptions, have played a significant role in drawing in international investment and diversifying the emirate's economy. With a plethora of options in store, the future prospects for freezone enterprises in Dubai appear even more attractive.
The freezone company registration in Dubai procedure is simplified and meant to draw in outside capital. Businesses can benefit from 100% foreign ownership, complete profit repatriation, and import/export duty exemption by establishing in these specified zones. In addition to making the registration procedure more appealing, these incentives guarantee that businesses may run profitably and reach their full potential for expansion. Investors are further given an extra degree of protection and trust by the UAE's strong legal system and regulatory framework.
The goal of Dubai to lead the world in innovation and technology presents a number of opportunities for freezone businesses. Through programs like Dubai Media City and Dubai Internet City, the emirate is creating an environment that is favorable to digital businesses and tech entrepreneurs. Businesses located in free zones with expertise in fields like e-commerce, fintech, and AI are well-positioned to benefit from this innovation boom. Furthermore, freezone organizations have a forum to network, interact, and investigate new business opportunities with Expo 2023 Dubai displaying the most recent innovations in a variety of areas.
The rapidly expanding tourist and hospitality industry in Dubai presents a viable path for enterprises operating in free zones. The city continues to draw millions of tourists annually, which is driving up demand for upscale resorts, event spaces, and distinctive experiences. Freezone businesses who provide top-notch services and creative solutions to the hospitality management, event planning, or similar industries can take advantage of this growing market. The emirate's dedication to organizing international gatherings and promoting cross-cultural interactions increases the prospects in this industry.
In addition, Dubai's advantageous location as a crossing point between the East and West allows freezone businesses to access enormous markets in Asia, Africa, and Europe. Businesses may easily reach important markets, set up distribution networks, and broaden their worldwide footprint thanks to top-notch air and maritime connectivity. This benefit is further enhanced by the emirate's focus on improving its transportation and logistics infrastructure, which makes Dubai a top option for companies wishing to go global.
Finally, freezone company registration in Dubai presents a multitude of options for companies looking to expand, innovate, and reach a worldwide clientele. Due to the emirate's strategic ambitions, commitment to diversification, and visionary leadership, freezone enterprises have the potential to significantly influence Dubai's economy going forward. Dubai's freezones continue to be a beacon of opportunity, drawing businesses and entrepreneurs from all over the world as the world changes.
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Under the theme ‘Unleashing Ambitions,’ IGF ME&A convenes business leaders, policymakers, and thought leaders from India, the Middle East, and Africa to discuss opportunities for further collaboration and growth between these regions through a series of exclusive networking opportunities, panel discussions, and keynote speeches, covering a range of topics including trade, investment, innovation, technology, and sustainability.
Underscoring shared economic interests, India Global Forum Founder and Chairman, Manoj Ladwa said, "With India’s growing dependability as a trusted global partner, its expertise in digital innovation, and enterprise, the Middle East’s financial might and geographic position as a gateway between east and west, and the diversity, scale, and untapped human capital of Africa’s markets, there is every reason to work together to achieve our common goals of bringing about sustainable and rapid economic prosperity. Or to put it another way, what reason could there possibly be not to work together?"
UAE’s AI Minister Omar Al Olama emphasised the indispensability of Artificial Intelligence and its impact on society.
Key speakers include:
Sima Ved- Founder & Chairwoman, Apparel Group
Sachin Dev Duggal - Co-founder, Builder AI
Know More : https://www.hindustantimes.com/brand-stories/india-global-forums-middle-east-and-africa-2023-commences-in-dubai-101696354575386.html
#ai#artificial intelligence#technology#sachin dev duggal#sachin duggal#builder.ai#sachin dev duggal builder.ai#sachin duggal builder.ai#innovation
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When is the presidential elections
Next president of Ghana
In the heart of West Africa lies a nation of rich history and immense potential - Ghana. As the 2024 presidential elections approach, the nation eagerly anticipates its next leader, someone who can steer the ship toward greater prosperity and progress. One name that has resonated with Ghanaians is John Dramani Mahama, the former President of Ghana. In this article, we will delve into the insights and vision shared by John Mahama for Ghana's future, exploring his plans to rejuvenate the nation's economy and build a brighter tomorrow.
John Dramani Mahama - Remarks by Former President JD Mahama- State of Ghana’s Economy Forum
1. Economic Resilience:
John Mahama's vision for Ghana revolves around economic resilience. He understands that a robust economy is the backbone of any thriving nation. With his experience as Ghana's president from 2012 to 2017, he aims to leverage this knowledge to create a more prosperous Ghana.
2. Infrastructure Development:
A critical aspect of Mahama's vision is the enhancement of infrastructure. His plan includes the construction and renovation of roads, bridges, and other vital infrastructure projects. These improvements not only boost economic activities but also enhance the quality of life for Ghanaians.
3. Job Creation:
Unemployment remains a significant challenge in Ghana. John Mahama's vision emphasizes job creation through the promotion of small and medium-sized enterprises (SMEs) and the expansion of existing industries. By fostering a business-friendly environment, Mahama intends to create thousands of job opportunities.
4. Education and Skills Development:
Education is the cornerstone of any prosperous society. Mahama's vision includes substantial investments in the education sector, including increased access to quality education, scholarships, and vocational training programs. These efforts aim to equip Ghana's youth with the skills needed for a rapidly changing job market.
5. Healthcare Reforms:
Access to quality healthcare is a fundamental right. Mahama's vision for Ghana includes significant healthcare reforms, with a focus on improving healthcare infrastructure, expanding access to medical services, and enhancing the overall health and well-being of the population.
6. Agricultural Transformation:
Agriculture is a crucial sector in Ghana's economy, and Mahama's vision emphasizes modernizing agriculture to improve food security, increase agricultural productivity, and uplift rural communities.
7. Sustainable Development:
Ghana, like the rest of the world, faces pressing environmental challenges. John Mahama envisions a Ghana that embraces sustainable development practices, including renewable energy initiatives and responsible environmental policies to protect the nation's natural resources for future generations.
8. Foreign Relations:
Ghana's role on the international stage is vital. Mahama's vision includes strengthening Ghana's diplomatic relations with neighboring countries and global partners, fostering economic collaborations, and promoting Ghana as a beacon of stability and progress in the region.
9. Inclusivity and Social Welfare:
Mahama's vision is grounded in inclusivity, ensuring that all Ghanaians, regardless of their background or circumstances, have access to opportunities and social welfare programs that support their well-being.
10. Digital Transformation:
As the world becomes increasingly digital, John Mahama's vision includes a comprehensive digital transformation strategy to enhance governance, service delivery, and access to information and technology across Ghana.
Click here to get more information:- https://www.johnmahama.org/news/remarks-by-former-president-jd-mahama-state-of-ghana-s-economy-forum
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Leaders of the world's 20 major economies, known as the G20, are advocating for the rapid implementation of an international framework for Crypto Assets. During the recent two-day summit in New Delhi, a consensus declaration was signed, emphasizing the urgency for cross-border crypto asset regulations. The declaration stated: “We call for the swift implementation of the Crypto-Asset Reporting Framework (CARF) and amenrdments to the CRS [Common Reporting Standard]. We ask the Global Forum on Transparency and Exchange of Information for Tax Purposes to identify an appropriate and coordinated timeline to commence exchanges by relevant jurisdictions [sic]." Such a framework is expected to begin facilitating the exchange of Information between countries by 2027. The member countries impacted by this forthcoming framework include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the United States, as well as the European Union. Notably, two-thirds of the global population resides within G20 nations. Introduced sometime in late 2022 by the Organization for Economic Cooperation and Development (OECD), the Crypto-Asset Reporting Framework's primary goal is to provide tax authorities with increased transparency into Cryptocurrency transactions and their associated entities. According to the proposed framework, member nations would engage in annual automatic exchanges of Information related to Cryptocurrency transactions. This includes data from non-regulated crypto exchanges and digital wallet providers. G20 leaders endorsed recommendations put forth by the Financial Stability Board (FSB) concerning the "regulation, supervision and oversight of crypto-assets activities and markets and of global Stablecoin arrangements." Released in July, these recommendations from the FSB suggest that stablecoins should adhere to similar regulations as commercial banks. They also encourage regulators to outlaw any activities that impede the identification of participants involved. Many G20 countries have already instated new disclosure standards for crypto transactions. For instance, in May, the European Union introduced new regulations aligned with the CARF, facilitating automatic Information sharing between European governments for tax-related purposes. Under these updated EU rules, any digital asset transfer must provide details including the beneficiary's name, their Distributed Ledger address, and their account number. Notably, the International Monetary Fund also recently released a synthesis paper on policymaking for crypto.
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Marketing Automation: 10 Inspiring Examples
You can ship folks particular provides, exclusive reductions, and new product announcements. You also can personalize these provides based mostly on special events like holidays and birthdays, or annual promotions like Valentine's and Easter. Marketing automation software program is a good way to have interaction with clients, streamline marketing campaigns and attain targeted audiences rapidly and efficiently. Here’s a look at forms of marketing automation and provoking examples.
Whether international or native, these instruments can present an incredible quantity of worth when used appropriately. Even the fundamental plan gets you e mail auto-responses, limitless landing pages and unlimited leads funnels. If you’re in search of a neighborhood partner to deal with your email marketing needs, look no additional than Everylitic. Which just isn't marketing automation as a service too massive of a hurdle, but it's a nice added worth to have a business that understands the laws that will assist you navigate it. The only draw back is that they are fairly pricey, particularly factoring currency conversion rates in. Contact the trusted alternative of Automation Companies in Johannesburg today to debate your company's automation system needs.
For manufacturers, it's the best channel to reach your clients and to drive gross sales. While not every business wants a mobile app to satisfy shopper demand, each enterprise needs a sensible cell marketing technique marketing automation agencies. We’ll take you thru the cellular marketing errors that shouldn’t be made subsequent year. The sales’ staff is continually hounding the marketing group for sales, but with marketing automation, everyone is on the identical web page.
The more you realize, and the extra refined your automation becomes, the better your results will be. So discover, have enjoyable and good luck in your road to automation marketing. OpenEMM does supply a demo model of its product, so you can strive it out before downloading the entire system. They also present a lot of great sources for customers on their help page, together with video tutorials, person forums, and a newsletter. HubSpot’s lead capture forms are a powerful tool for changing website visitors into leads.
When working with multiple marketing agencies, communication can sometimes feel like a sport of phone (even when it happens over email). Lastly, see the journey, the content, the channels and the goals by way of the eyes of your customer and never just your organization marketing automation services. Think of it as marketing as a service to your prospects and customers. Being generic means you will attain individuals trying to find something associated. Ads that tackle that exact need will get you more web site visits than a generic “buy now” advert.
SharpSpring does not normally take care of the common public as such, they like to work with agencies that may then build and keep on their relationship with their very own clients. This permits the folks at SharpSpring to do what they do best – making an automation software program that just will get higher and better. As the world’s largest group of Professional Internet Marketing Consultants, WSI was primed to turn marketing automation service into a big associate with SharpSpring. We’re always looking for revolutionary merchandise and solutions to help our ever growing list of purchasers – and SharpSpring is not any completely different. You can study more about marketing automation in South Africa on our MASA web site.
If you are within the digital marketing enterprise, you may marvel what influence automation may need in your potential career. Technology has appeared in almost each sector of our digital world and can inevitably continue to affect sure occupations and employment. What sector, though, will it have the best influence on, and how? Agency For Digital Marketing is right here to resolve all of your questions on digital marketing. Traditionally, professional services corporations have been slower than some sectors to adopt digital transformation.
If you have already got a marketing automation strategy in place, then there’s always room for improvement. Because marketing automation enhances your overall efficiency, your staff is ready to redirect energies to operations that improve the business and boost revenue. By implementing marketing automation, corporations have famous a leap in lead conversion by about 10%. And whereas individuals might carry out a periodic purge, as digital entrepreneurs we ought to be consistently spring cleaning our content material and communication to raised interact with purchasers and customers. One of our most necessary services is the flexibility to glean insights and rework these into actionable recommendations.
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Global Conversational Systems Market Analysis, Size, Share, Growth, Trends and Forecast Till 2035
Research Nester published a report titled “Conversational Systems Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global conversational systems marketin terms of market segmentation by type, deployment, enterprise size, verticals and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global conversational systems market is estimated to garner significant revenue by growing at a ~27% CAGR over the forecast period, i.e., 2022 – 2031. The global conversational systems market is segmented by type into voice assisted, text assisted and others. Out of these, the voice assisted segment is anticipated to hold the largest share in the market on account of the rising trend in the adoption of voice assisted technology in daily life. The end users find comfort in the usage of voice enabled platforms and devices for activities like household chores, listening to music, booking appointments, and paying bills.
The global conversational systems market is expected to grow on the back of advancements in artificial intelligence (AI) technologies, increased adoption of machine learning and IoT, and need for virtual customer service to improve the growth of investors. As per World Economic Forum, over 70 billion IoT devices are available worldwide in 2020 and can triple in the upcoming 5 years. According to UNESCO, AI is expected to produce an added value of USD 4 Trillion by 2022. Further, the use of AI helps to reduce the cost of business and marketing to investors and rise the profit for stakeholders. The use of chatbots is expected to reduce business costs to USD 8 billion by the year 2022.
Regionally, the global conversational systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa region. Among these regions, North America is anticipated to hold the largest market share owing to the rising acceptance of deep neural networks, machine learning, internet of things, cloud services, AI, and other technological advancements. Asia Pacific is anticipated to gain further significant market share over the forecast period. ~50% of the world’s population is from APAC, so occurrence of any significant change in AI will impact the future of this region. The World Bank Organization approved USD 100 million finance on November 30, 2021, to support the government of Africa increasing access the broadband and digital services. The digital acceleration program will strengthen the digital innovation ecosystem.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
For more information’s@ https://www.researchnester.com/reports/conversational-systems-market/4181
Increased Utilization of Conversational Systems in Different Verticals to Boost the Market Growth
Conversational systems are used across the world in variety of verticals owing to the numerous profitable outcomes permitted by this technology. With the advancement of digitalization and use of machine learning in every corner, over the past years, has increased the demand and adoption of conversational systems in the verticals of healthcare, BFSI, IT and telecommunications, energy, and power. The deals of AI-related venture capital (VC) rose from 140 in 2012 to 670 in 2017 and from less than USD 1 billion in 2012 to about USD 13 billion in 2017 with a 90% annual growth. Besides this, the 5G technology launch has a high impact on the increased growth of conversational systems. All these factors contribute to the growth of global conversational systems market.
However, concerns regarding lack of awareness of technology, high dependency of this system on deployment platforms, and lack of accuracy in virtual assistants are expected to operate as key restraints to the growth of the global conversational systems market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global conversational systems market which includes company profiling of Google LLC, IBM, Microsoft, Amazon Web Services Inc., Artificial Solutions, Oracle Corp., SAP SE, Nuance Communication, Baidu, Inc., and Conversica Inc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
On the whole, the report depicts a detailed overview of the global conversational systems market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities, and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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