#Enterprise VR Solutions 2025

[simulanissolutions]

In the fast-paced realm of technology, Virtual Reality (VR) is on the cusp of redefining the way we interact with the digital world. As we peer into the technological crystal ball to foresee the landscape of 2024, let's explore the anticipated Virtual Reality Trends 2025 and innovations that promise to shape the future of V

[insightsresearch]

Dental Simulator Market Rapidly Increasing in Size Globally: Latest Report with Current Trends, Future Estimations and Opportunity

Dental Simulator Market Size by Research Nester Reveals the Market to Register a CAGR of 8.8% During 2025-2037 and Reach ~USD 1239.4 million by 2037

Research Nester assesses the growth and market size of the global dental simulator market, which is anticipated to be driven by the utilization of virtual reality (VR) in dental simulators and the growing number of training centers and dental schools.

New York – (November 1, 2024)- Research Nester’s recent market research analysis on “Dental Simulator Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitor’s analysis and overview of the global dental simulator market in terms of market segmentation by product type, application, and end use.

Customized Solutions in Dental Simulator to Promote Global Market Growth

Customized solutions are increasingly driving the growth of the dental simulator market as dental practitioners and training institutions seek tools that can be customized to precise educational needs. Leading companies are developing advanced simulators that allow educators to adjust learning environments and replicate that to real-life scenarios across a wide range of dental specialties from endodontics and prosthodontics to implantology and orthodontics. In October 2022, Desktop Metal Inc. announced SmileGuard, an advanced 3D printing solution for customized medicine.

Growth Drivers

Increasing Number of Training Centers and Dental Schools

Technological Developments in Dental Simulators

Challenges

The availability of alternative training methods offers a significant challenge for the dental simulator market. Several dental institutions still rely on low-cost or traditional methods for skill development. Hands-on training on typodonts which is an Artificial Intelligence model and live patient interactions remains extensive owing to their ease of accessibility and low cost.

Also, many institutions still prefer to focus on traditional methods of learning which are supervised through live patient care and considered important for developing a comprehensive range of clinical skills. Moreover, developments in 3D printing technology have made custom typodonts easily accessible and provide an economic alternative for practicing complex procedures without the need for costly simulators.

Access our detailed report at: https://www.researchnester.com/reports/dental-simulator-market/6634

Based on product type, the manikin-based dental simulators segment is projected to gain about 42.4% share throughout the forecast period owing to rising number of dental procedures across the globe and growing demand for manikin-based dental simulators for dental training and education. Advancements in haptic technology, 3D visualization, and realistic anatomy, enhance the functionality and realism of manikin-based simulators, making them indispensable in training environments.

By region, North America is anticipated to dominate the dental simulator market with a share of 44.9% throughout the forecast period owing to strong demand for advanced dental training, the presence of leading dental institutions and highly developed healthcare infrastructure, and robust investment in innovative training technologies. The U.S. and Canada are some largest revenue-generating countries in North America. In the U.S., the market is expected to register significant market growth owing to the rising number of dental procedures, high adoption of advanced technologies, and increasing investments in R&D activities.

Customized report@ https://www.researchnester.com/customized-reports-6634

 This report also provides the existing competitive scenario of some of the key players of the global dental simulator market which includes company profiling of Dentsply Sirona Inc., KaVo Dental GmbH, Planmeca Oy, Image Navigation Ltd., Navadha Enterprises, HRV Simulation GmbH, Nissin Dental Products Inc., NAF Dental Products Inc., Morita Corporation, Shofu Inc., and Yoshida Dental Mfg. Co., Ltd.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates, and executives make wise decisions for their future marketing strategy, expansion investment, etc. We believe every business can expand to its new horizon, provided the right guidance at the right time is available through strategic minds. Our out-of-the-box thinking helps our clients to make wise decisions to avoid future uncertainties.

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[custimsoftwaredevelopmentcompany]

What is eCommerce?

E-commerce, short for electronic commerce, refers to buying and selling goods and services over the internet. It involves transactions between two parties, typically a business and a consumer, where payment and delivery of products or services happen online.

Here’s a breakdown of eCommerce:

Online Transactions: Ecommerce eliminates the need for physical stores. You can browse products and services on a website or app, make secure payments electronically, and have items delivered to your doorstep.

Wide Variety: Ecommerce platforms offer a vast selection of products, often exceeding what you’d find in physical stores.

Convenience: You can shop from anywhere, anytime with an internet connection. This makes it a popular choice for busy consumers.

Why eCommerce Software and App Development is successful in 2024–25:

E-commerce software and app development is thriving in 2024–2025 for several reasons:

Surging Consumer Demand:

Mobile Shopping: Smartphones are the dominant shopping tool, and e-commerce apps provide a convenient, personalized experience. Statistics suggest mobile commerce will capture a significant portion (estimates range up to 70%) of all e-commerce sales by 2024.

Growing E-commerce Market: The global e-commerce market is expected to reach new heights, with projections exceeding $6.3 trillion by the end of 2023. This translates to a massive opportunity for businesses to reach new customers online.

Advanced Technologies Enhance the Experience:

Personalization: E-commerce software allows for targeted recommendations, loyalty programs, and a more engaging shopping experience for each customer.

Seamless User Interface (UI) and User Experience (UX): Modern platforms prioritize user-friendly interfaces and intuitive navigation, making it easier for people to find what they need and complete purchases quickly.

Emerging Technologies: Integration with features like voice assistants, augmented reality (AR), and virtual reality (VR) can further enhance the shopping experience and blur the lines between physical and digital retail.

Benefits for Businesses:

Scalability: E-commerce platforms can adapt to accommodate a growing business, handling increasing traffic and product volumes.

Cost-Effectiveness: Subscription-based models from software providers are often more economical than in-house development, allowing businesses to enter the e-commerce space without a massive upfront investment.

Competitive Advantage: A well-designed e-commerce store with advanced features can give businesses a significant edge over competitors who lack a strong online presence.

Overall, e-commerce software and app development caters to the ever-growing demand for convenient and personalized online shopping experiences. As technology continues to evolve, we can expect even more innovation in this field, shaping the future of retail.

Top 10 eCommerce Software Development Companies in 2024–25

IBR Infotech:

IBR Infotech is a leading firm in the creation of eCommerce website software, providing advanced and customized services to help companies expand their online presence. Concentrating on innovation, IBR Infotech assists businesses in building a strong online profile and successfully maneuvering the ever-changing eCommerce landscape. Utilizing their knowledge and implementing personalized approaches, they strive to achieve success and ensure smooth development for their customers in the competitive online marketplace.

2. ScienceSoft:

ScienceSoft is an eCommerce website software development company that specializes in creating customized solutions to meet the unique needs of businesses. They provide end-to-end services, from initial consultation to post-launch support, ensuring a seamless and hassle-free experience for their clients.

3. DigitalSuits

DigitalSuits offers comprehensive e-commerce software development services for small and medium-sized companies as well as enterprises. Whether you’re building a custom e-commerce web application or beginning your entrepreneurial journey with a ready-made platform like Shopify, they are ready to help you generate revenue and increase customer loyalty.

4. EPAM:

EPAM is a leading eCommerce website software development company with a proven track record of delivering exceptional solutions. With a team of highly skilled professionals and industry experts, they specialize in creating robust and scalable eCommerce platforms that drive business growth.

5. Matellio :

Matellio is a premier eCommerce website software development company dedicated to transforming businesses into digital success stories. Their expert team crafts innovative solutions tailored to your unique needs, ensuring seamless user experiences and maximum ROI.

6. Chetu :

Chetu specializes in crafting bespoke B2B and B2C eCommerce websites that redefine online experiences. Their solutions blend superior front-end UI design with unique UX features, fostering robust user engagement.

7. Instinctools:

Instinctools’s team equips you with the right tools and technologies to achieve your strategic and operational goals in online sales. Tap into their ecommerce center of excellence and digitize your way out of inefficiencies with their custom ecommerce development services.

8. Dev Technosys:

Dev Technosys, a leading ecommerce app development company, is helping all-scale businesses to set up an effective ecommerce platform. They offer you a ticket to unparalleled growth and profitability. Harnessing the power of cutting-edge technology and a keen understanding of market trends,

9. Appinventiv :

Being a top eCommerce application development company, Appinventiv use advanced technologies to unlock potential revenue streams for their clients while maximizing the business prospect of their app or product.

10. intellias :

intellias is a trusted eCommerce website software development company renowned for its expertise in creating innovative and scalable solutions. They combine industry insights, advanced technologies, and a customer-centric approach to deliver exceptional results.

Also Read: How Customized Billing Software Can Transform Your Business

Conclusion:

Selecting the right eCommerce software development company is crucial for businesses aiming to thrive in the ever-evolving digital perspective of 2024–25. The top 10 companies highlighted in this article have proven their expertise, innovation, and commitment to delivering exceptional eCommerce solutions. Whether it’s creating seamless user experiences, implementing robust back-end functionalities, or staying ahead of emerging trends, these industry leaders have demonstrated their ability to drive growth and success for their clients. By partnering with one of these reputable companies, businesses can confidently navigate the complexities of eCommerce development and position themselves for long-term success in the competitive online marketplace.

[vicky8588]

Modular Construction Market

According to the latest DataM Intelligence research the global “Modular Construction Market” is estimated to reach at a CAGR of 6% during the forecast period 2023-2030.

The modular construction market refers to the process of building or constructing structures using pre-fabricated modules or components made off-site and installed on-site. This building process is sometimes referred to as off-site construction or prefabrication.

The modular building market is predicted to expand dramatically in the next years due to the rising demand for inexpensive housing, the need for speedier construction periods, and construction worker scarcity. Technological improvements, such as utilizing building information modeling (BIM) and virtual reality (VR), also propel market expansion.

Modular building is becoming more popular, particularly in the residential and commercial sectors. Because of rising urbanization, cost-effectiveness, time efficiency, minimum site delays, and less waste, modular building is gaining favor in emerging nations. Inside-plant construction eliminates weather-related risks, provides flexibility, and saves energy.

Increased investment and collaboration from key players in the construction industry, as well as government attempts to promote the use of a modular buildings in public infrastructure projects, are also driving growth in the modular construction market.

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Market Trends:

Substantial expansion in the global construction sector is one of the primary reasons driving the market's favorable outlook. Moreover, the growing need for time- and cost-effective building solutions propels the industry forward.

With greater environmental awareness among the general public, customers increasingly turn to permanent modular constructions (PMC) to develop sustainable commercial, industrial, and residential complexes. They are also utilized to build specialized rehab clinics, emergency rooms, operating rooms, hospital additions, labs, diagnostic centers, and other medical facilities.

Market Drivers:

-Rapid urbanization and industrialization, as well as increased construction speed and efficiency, are driving the market growth.

Modular construction is a novel method of building homes and businesses. The rapid rise of cities and industries has caused economies to expand swiftly, increasing the need for modular structures. This is because modular structures are less expensive to construct since they require less time. This will significantly impact the demand for housing, clean water, electricity, transportation infrastructure, food, and social services. As a result, more cost-effective modular building methods are utilized to ensure consistent quality.

When cities develop rapidly, the government and people spend more money on creating homes and infrastructure, increasing demand for modular construction significantly.

-Increased infrastructure investment creates several opportunities for market participants:

Infrastructure investment requirements are increasing dramatically worldwide, particularly in developing economies. Between 2014 and 2025, the globe will spend over USD 78 trillion on infrastructure development. In addition, infrastructure expenditure has rebounded from the global financial crisis and is predicted to exceed USD 5 trillion annually by 2025. Those moving to cities in India, Japan, Indonesia, Nigeria, Mexico, and China will likely spend more on goods like houses and enterprises.

Moreover, modular building is growing more popular due to several benefits such as improved structural stability, faster and better construction, greater flexibility, less waste, and less labor requirement. With these advantages, many new individuals are venturing into this business to capitalize on the boom and make good money. As a result, more specialists and even new businesses are entering the modular building sector, seeking to establish a name for themselves.

Market Challenges:

-Lack of knowledge and the instability of transportation costs are important hurdles to the worldwide modular building market's growth.

Modular pieces must be transported to building sites, which necessitates the use of specialized trucks. Also, shipping prices fluctuate, which might raise the cost of modular construction.

Transportation expenses can vary based on the cost of gasoline, mode of transportation, and distance traveled. Delays in delivering modular pieces cause building projects to be delayed.

Furthermore, because people are accustomed to old building techniques, they are uninformed of modular construction methods. Contractors are also unaware of the new construction methods, which may contribute to their lesser acceptance. Such issues will hamper market expansion throughout the forecast period.

Competitive Landscape:

The Modular Construction market is competitive with established market players.

Bouygues Construction, Algeco Scotsman, Laing O'rourke, Cimc Modular Building Systems Holding, Red Sea Housing, Kleusberg GmbH & Co. Kg, Kwikspace Modular Buildings, Westchester Modular Houses, Koma Modular, and Skanska AB are among the key participants.

Rising construction businesses are increasing the number of factory-built homes worldwide.

Key Region Development:

North America is the most dominating region, accounting for the majority of market share among the other areas.

Infrastructure and transportation facilities, such as single-family house development, subway stations, bus stops, parking lots, schools, and water systems, are driving growth in the US construction sector. Demand for single-family houses is expanding as mortgages become more widely available, spurred by the country's ongoing job growth. An overwhelming demand for a retail buildings is also propelling domestic warehouse construction forward. The growing popularity of online shopping has generated a desire for local warehouses that can provide clients with items ordered online, driving up the demand for modular warehouse buildings around the area.

Market Segmentation:

The global modular construction market is segmented by material, type, end user, and region.

By Material:

Wood

Plastic

Steel

Precast concrete

By Type:

Relocatable modular concrete

Commercial permanent modular

By End-user:

Healthcare

Housing

Industrial

Education

Others

By Region:

North America

Latin America

Europe

Asia Pacific

Middle East and Africa

Key Developments:

Modulaire Group (formerly Algeco Group) announced the completion of the purchase of Procomm Site Services Ltd. (a UK-based portable, modular lodging supplier) in July 2021, intending to establish a significant market presence across Europe.

July 2021: The Ministry of Justice (MoJ) has hired Laing O'Rourke, ISG, Wates, and Kier to build the Alliance 4 New Prisons (A4NP) worth £1 billion for male offenders across the UK while also creating 6,000 new, contemporary prisons to deliver security, safety, and rehabilitation.

The Wolff Co. (a fully integrated Arizona-based real estate investment corporation) joined Katerra in March 2021 to construct a project of two five-story cross-laminated timber (CLT) buildings in North Seattle.

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[gortnm]

Future of Digital Marketing

Digital Marketing, a word that we have come across so so many times in the last few years and are bound to come across even more in the coming years! That’s how big a scope it has in the future market.

These fast evolving marketing trends have been so fast, that the traditional marketing techniques and principles now hold almost negligible value. We will try to look and put across some marketing trends that will shape out the future of digital marketing by 2025.

Some key Digital Marketing trends :-

Artificial intelligence

Another term you might have heard of a lot more in the past couple of years than you have in the preceding 15-20 years! According to a survey by Forbes, 50% of the enterprises are willing to spend more on AI & ML this year. With another separate survey suggesting that AI & ML increase the customer satisfaction by 10%, we know where this part is going when it comes to trends.

         The customer satisfaction is increased by some of the following experiences:

Enabling real-time analytics, improving the customer support experience and optimizing a host of other things, artificial intelligence & machine learning have had a fair share of the benefits in the area of advertising.

AI-based chatbots, is there any service that ain’t using them in today’s world? These chatbots have made the customer experience so so easy that almost 50% of the customers are using them.

      2. Virtual Reality

What marketing and the people involved in it do or are required to do is find out and give the best possible tools available to make the marketing efforts personalized, engaging and more interactive. VR is one such solution that has been making huge strides and will come up as a very competent solution come the years

Through its interactive and super engaging storytelling process, users or businesses can associate themselves with a real world experience which is certainly not possible through other means of promotions. It has come into focus already with a very large chunk of entertainment companies engaging themselves with 360 degree content.

   3. Blockchain

Another buzzword that has come across a lot in recent times and it is surely being looked at as a technology that will bring about a real transformation in the field. It is still at the stage of being explored but it is said that marketing and promotions will be able to solve most of their challenges using Blockchain solutions.

There are a lot of potential privacy issues that customers face, others are verification of robots by several sites, these are some of the issues that are being looked to be solved by blockchain technology. You might be interested in some of the top blockchain trends to be followed in 2021.

  4.  Voice Marketing

Just have a look at this study to be able to understand the massive impact of voice marketing. The use of voice assistants and voice supporters are making a booming impact because of one exceptionally great reason - it enables contextual learning and permits the same with customers and clients. On-point-marketing is something that most businesses like to have a run-in on because of the context it provides. Voice technology is shaping up the marketing landscape in a very very large way and they’re looking forward to taking a personalized marketing strategy to a whole new level.

CONCLUSION

We’re pretty much sure to say that Digital Marketing is going to change up the world in not only its own way but with a host of other technologies that come into play to make advertising more convenient and fruitful to do with. Businesses will rely on upcoming future trends in technology and use them as a tool to elevate their marketing experiences and make customers & clients happier than ever before.

[amandaallen]

8 Trends That Will Shape Enterprise Software Development In 2021

Enterprise software development trends keep rolling year after year. Languages, architectures, frameworks, methodologies, and various other components related to software engineering advance with associated changes. The architecture of 2020 has changed, and 2021 is ready to experience a new language.

To lead the market, it’s not sufficient to just adopt the latest technologies. It is also imperative to keep pace and outrun the competition. For that, you must keep an eye on cutting-edge and emerging technologies. Enterprise software development is fast evolving to become the most dynamic area.

With 2021 rolling, expect some more updates in the enterprise software development trends. While some trends will continue with the pre-set popularity, others will be added. According to experts in the enterprise software industry, this field would zoom in on some new trends.

Enterprise Software Development in 2021

The realm of enterprise software development is ever-changing — annually, monthly, or even daily. In 2021, entrepreneurs can look forward to some significant defining shifts, which would shape this industry.

Gartner points out that the global expenditure on enterprise software will grow by approximately 10.8% and be $516.9 billion in 2021. Similarly, Statista has said that the worldwide spending on enterprise software solutions will be $517 billion.

With these towering figures, businesses should start thinking of ways to start investing in enterprise software.

Trends to Look Out For in 2021

Post Covid-19 pandemic, digital transformation will evolve and become more accelerated. More companies would adopt the facility of working from home. Hence, businesses want technologies supporting the current scenario for uninterrupted workflow.

Organizations want to create a prominent presence on multiple digital platforms. Likewise, there is a major shift towards developing applications using SaaS (Software as a Service), PaaS (Platform as a Service), and Serverless.

Thus, technical innovations will also play a critical role in untangling these complexities. Adding more abstraction makes it easier to carry this out.

Another StackOverflow study reveals that, in 2020, JavaScript was the most popular and frequently used programming language, followed by SQL and HTML/CSS.

The year 2021 will witness cutting-edge technologies surfacing, which would make this industry battle stronger.

Noted below are the eight hailed enterprise software development trends in 2021:

#1: Low-Code/No-Code EAS Development

According to the State of Software Development reports, 35.05% of respondents stated that they do not intend to use a new programming language in the next 12 months.

Drag-and-drop editors are popular these days. They earned this reputation due to low-code development. Now, non-programmers can also develop as well as implement applications sans coding.

Moving ahead, in 2021, such application development methods would gain more grounds. In 2020, even people having limited programming knowledge could create large projects through low coding or no coding methods.

In 2021, the non-programmer market will grow by as much as 28.1% YoY. According to forecasts, by 2025, the market could touch approximately $45.5 billion from the current revenue value of $13.2 billion. Businesses can also reduce costs using low-code or no-code enterprise software app development,

#2: Artificial Intelligence

AI is the newfound anchor of trade. It is most prominently used in various fields of cybersecurity because AI can quickly spot malicious activities and software to identify potential threats. It can detect suspicious IP addresses as well as data breaches.

Firms focused on cybersecurity could deploy AI as the leading trend in software. It is a crucial element for hyper-automation that improves the quality of daily living and functionalities.

Lastly, conversational IT benefits marketing, sales, and customer support teams.

#3: Native & Progressive Apps

Native apps are ruling the trends in enterprise software development. It is on the radar as it allows businesses to target new and existing smartphone users. It enhances brand performance and enhances client experience considerably over Android and iOS platforms.

Progressive Web App is the new addition to this genre of app development. Also called PWAs, the designs target CX and enhance it. Any reputed app development company would explain the benefits of PWAs, which include fast loading time, greater capabilities, alleviate bounce rate, the ability to work on devices as standalone windows, and increases chances of restriction-free browser versions for apps.

In 2021, technology will become bewitching, and progressive web apps will be the future of development.

#4: Human Augmentation

With time progressing, it is evident that human augmentation would have a hopeful future. As the trends in enterprise software grow, human augmentation takes different forms, such as AR, VR, and MR,

Augmented Reality

In 2020, AR was a huge hit. It is said that AR will hold the market in 2021 as well. Much of the success of this technology is because of its use across multiple architecture industries such as navigation, retail, and manufacturing.

Once Instagram and Facebook add the AI-layered ad filters and formats, this trend will become undeniable. It will hold much potential as well. While its virtual makeover introduces a completely diverse dimension, enterprise software development cannot lag.

Virtual Reality

If you see the number of gaming and video apps mushrooming over the last few years, you would know how big this is.

Much of the growth is the result of the enhanced benefit of VR. Virtual Reality offers users the first-person perspective along with an immersive experience of progressive computerized visions.

As predicted, several enterprises tap into the potential and overcome different issues and challenges in this trending genre. VR, however, is not just in the gaming and video industries. It is helpful across varied genres, including the training and education sector. Schools, as well as other institutions, are making their way to introduce VR into classrooms.

As far as the corporates are concerned, it is the same story. User-centrism has been the major game plan for organizations in 2020. Corporates need this incentive alone to start adopting VR.

Mixed Reality

MR is the combination of AR with VR. It holds substantial prospects in enterprise software development and custom enterprise software.

According to ARC research reports, the MR market is all set to witness an increase in CAGR of an estimated 73% from the year 2018 to the year 2023. The market size is likely to grow from 1.054 billion dollars in 2017 to 9.982 billion dollars in 2024.

MR establishes the two best forms of human augmentation — VR and AR. While VR offers an immersive user experience, AR blends digital content with the actual surroundings of users.

Today, various companies are using AR and VR, including tourism, gaming, healthcare, defense, architecture, and construction. It is the best tool for custom enterprise software.

#5: Consistent Integration & Deployment

There are still concerns about making a glitch or bug fix effectively and enabling experiments-driven lenient software development practices.

Code testing confirms agile delivery. Speedy delivery and relevant code testing for the purpose is critical as it assists the development squad to chisel its functionalities and delivers products/services swiftly across a constant cycle.

This domino effect alleviates the delivery feature cycle significantly in continuous delivery through testing and continuous deployment by automatic app updates.

#6: Big Data

Called the “elephant in the room,” Big Data, also known as the Great Responsibility or Great Power, will be more influential. Whenever data becomes the most powerful tool for any organization, it experiences great hurdles. The issue emphasizes proper data tapping and utilization to have an edge in various business dealings.

Big Data plans something new for 2021 — including Data-as-a-Service (DaaS). DaaS aims to eliminate data redundancy by confirming that businesses have access to precise data at the right time.

Nonetheless, in recent times, consumers are more aware, and their journey is well documented about data security and data utilization. Thus, for the brands that cannot reiterate credibility, the question of data security arises.

#7: Blockchain

Bitcoin caused a lot of noise on the digital front, making everyone intrigued. However, that was merely the tip of an iceberg.

Blockchain offers much more than Bitcoin and Ether. Most of the companies involved in website designing and development are moving ahead with Blockchain designing.

P2P (peer-to-peer) networks can provide transparency, decentralization, distributed ledger, and robust security features by having blockchain in the list of best practices for enterprise software development.

#8: Cloud Computing

2020 saw excellent cloud computing as businesses were more dependent on the cloud servers to keep data safe.

As we move ahead, cloud computing will evolve quickly, catering to users’ changing requirements and expectations. As a result, it will enhance the functionalities of various industries.

When enterprises choose to transform their business digitally for 2020 and further, shifting to the cloud becomes necessary and the most feasible method of storing data. However, such migrations come with evolving expectations, which require innovative cloud technologies and enhanced and robust security features.

Therefore, cloud computing will take the last stride to become the top trend of enterprise software development.

Conclusion

Such trends in enterprise software development and custom enterprise software prepare a brand for impending success. Nonetheless, the final step is to implement these development trends strategically. The best step forward is to choose an experienced and proven enterprise software company to carry out this implementation process.

[abhijeetpawar22]

Augmented Reality and Virtual Reality Market Industry Outlook, Comprehensive Insights, Growth and Forecast 2025

Global augmented reality and virtual reality market is expected to reach $167.89 billion by 2026, representing a remarkable 2019-2026 CAGR of 34.7%. Augmented Reality (AR) technology accounts for a larger market share and will grow at 36.97% annually over the forecast years, faster than the Virtual Reality (VR) technology.

Industry Overview:

The new study made on Augmented Reality and Virtual Reality market includes crucial information on market share, market size, and growth rate for the forecast period 2020 - 2026. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics.

Get your FREE SAMPLE on ‘Augmented Reality and Virtual Reality Market’ (comprising analysis on drivers, restraints, challenges, ongoing trends, and COVID impact on the industry) from@ https://www.marketgrowthinsight.com/sample/69331  

COVID-19 Impact:

The industrial report mentions about the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The Augmented Reality and Virtual Reality report proficiently explains about the resulting factors and concerns of manufacturers. Researchers have also well-explained about how the producers and providers will tackle with the ongoing epidemic and the key strategies to be adopted post pandemic for turning their businesses back to normal.

Global Augmented Reality and Virtual Reality Market Competitive Analysis:

DAQR

EON. Reality Inc.

Facebook

Google

HTC

Microsoft

Samsung

 Some of the Players profiled in the Augmented Reality and Virtual Reality market include …..

The updated market research report on Augmented Reality and Virtual Reality market allows the buyers and manufactures to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Market Segmentation:

The report is divided into major categories comprising product, distribution channel, application, and end users. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Every segment is studied thoroughly in order to offer a better picture to the buyers and stakeholders to benefit from. Information like highest prevailing product, highly demanded product by the application segment and end users are rightly mentioned in the Augmented Reality and Virtual Reality report.

Based on device type:

• Augmented Reality Devices

o   Head-Mounted Display (HMD)

o   Head-Up Display (HUD)

o   Handheld Device

• Virtual Reality Devices

o   Head-Mounted Display (HMD)

o   Gesture-Tracking Device

o   Projector & Display Wall

Based on end-user

• Consumer

• Enterprise (further split into Large Enterprises and Small- & Medium-sized Enterprises)

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Regional Insights:

The Augmented Reality and Virtual Reality market is segmented as North America, South America, Europe, Asia Pacific, and Middle East and Africa. Researchers have thoroughly studied about the historical market. With extensive research, experts have offered details on the current and the forecast demand made by these regions. The Augmented Reality and Virtual Reality report also includes highlights on the prevailing product demanded by end users and end customers for better understanding of product demand by producers. This will help the producers and the marketing executives to plan their production quantity and plan effective marketing strategies to more buyers. Businesses can hence, increase their product portfolio and expand their global presence. Augmented Reality and Virtual Reality market research report further offers information on the unexplored areas in these regions to help the producers to plan promotional strategies and create demand for their new and updated products. This will again help the manufacturers to increase their customers and emerge as leaders in the near future.

The Queries answered by Augmented Reality and Virtual Reality Market Research Report include:

· What are the key producers, equipment suppliers, raw material suppliers, end users, distributors and traders in the Augmented Reality and Virtual Reality Market?

· What are the crucial factors impacting the Augmented Reality and Virtual Reality Market Growth?

· What are production processes, major problems or obstacles, and solutions to tone down the development risk?

· What is the contribution made by regional manufacturers to the overall market?

· What are the major market segment, influential trends, market potential, and key challenges that the market is witnessing?

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 Augmented Reality and Virtual Reality, Augmented Reality and Virtual Reality market, Augmented Reality and Virtual Reality Industry, Global Augmented Reality and Virtual Reality industry, Global Augmented Reality and Virtual Reality market, Augmented Reality and Virtual Reality Market Size, Augmented Reality and Virtual Reality Industry Share

[cdnsolution]

7 Trends that Outline the Tomorrow of Mobile App Development

Mobile applications continue to dominate business marketing efforts in all industries. Corporate giants and small businesses are equally exploiting mobile applications for branding, improving customer engagement, and driving growth and sales. Mobile applications have become a necessity for large and small businesses- a way for them to connect with their users. If you want to develop mobile applications for your business so you can contact to the best Mobile Application Development Company.

According to a report by Statista, consumers will predictably download 352.9 billion mobile apps to their connected devices.

Smartphone app development trends have drastically shifted in the last five years. Due to changing buyer habits, businesses have ramped up their mobile apps to reflect buyer relevance in this digital age. Simplistic, faster, and more efficient apps have taken the front seat, while heavy mobile apps with a host of functionalities have faded into the distance.

Businesses today are striving to make their websites even more mobile-friendly, given the fact that a majority of site visitors enter through a mobile device.

However, an effective mobile app strategy takes more than a responsive website. Therefore, here are seven hot trends in mobile app development for you to stay ahead of any competition.

Cross-Platform Smartphone Applications

Businesses today want to reach every nook and corner, and every kind of buyer. This becomes possible with a cross platform smartphone app- one which can be cost-effectively deployed across multiple mobile platforms.

While cross platform apps save time and money, they are a faster way to reach a wide audience. For this benefit alone, companies would be willing to get cross-platform apps developed and deployed to improve sales.

iOS dominates as the high-end market with users who have the willingness and capacity to spend on smartphone apps. Android brings with it a humongous user base of consumers who value affordability and ease of use.

Windows is still growing as a market for business apps. But, any businesses wanting to reach out to the maximum buyers would feel compelled to take advantage of all three platforms through cross-platform development

and designing now and more so in the future.

Mobile App Development Technologies AI and ML

Smartphone applications developers are starting to have an affinity towards these emerging and already soaring technologies- artificial intelligence and machine learning. AI and ML have dug deeper into mobile app development and the trend is nowhere slowing down.

Virtual assistants such as Siri and Alexa are proof that mobile app development is now incomplete without AI and ML. As years pass us by, the importance of a virtual assistant on your mobile device- one who takes care of all utility tasks- will only increase. Already, VAs have rendered us habitual of having someone perform menial tasks for us.

Would we break our habit anytime soon? Not unless it comes with a security price tag.

By this measure, AI and ML will inevitably become inseparable aspects of smartphone applications.

Wearables and IoT in Smartphone App Development

Wearables have become a major hit amongst consumers and are also used in organizations as part of the workplace culture. Wearable devices have created a space and demand for themselves in the business landscape, one that won’t fade away anytime soon.

Mobile app development trends are incomplete without considering what effect they might have on wearables of tomorrow. Industries that have dug comparatively deeper into wearable usage are healthcare, fitness, and horology.

For other industries, there is still time before they get serious about wearables. Even so, this year promises to bring us more wearable devices apps- in a bid for businesses to reach that small userbase of wearable device owners that is steadily expanding.

Chatbots in Smartphone Application Development

According to Statista, the global chatbots market will expand to $1250 million by 2025. Chatbots are apparently solidified into the digital reality of businesses today. Customers prefer to interact with chatbots to carry out small tasks through self-service, studies have shown.

Businesses are utilizing chatbots to carry initial customer service conversations- a trend that also saves employee time and allows reps to focus on more important tasks.

Within mobile apps, chatbots create a welcoming atmosphere and break the ice for prospects to initiate discussions and begin collaboration. Thanks to the advancements in AI, it does not take a lot of effort for smartphone app developers to integrate interactive and intuitive chatbots into apps.

Enterprise Smartphone App Development

Enterprise apps are improving in both quality and quantity consistently. Organizations are striving to better their employees’ performance and productivity, engage better with their customers, collaborate with clients, etc., through cutting-edge enterprise grade applications.

For this reason and many others, enterprise apps are getting more and more feature-rich and robust with every passing year. Moreover, security arrangements for enterprise grade apps are improving, thus leading to an atmosphere of trust between business executives, employees, clients, and customers.

Since employees today are habitual of using their mobile phones to get work done, organizations are leveraging this behavior by allowing them to carry on tasks through their mobile devices, on the go.

AR and VR-enabled Smartphone Applications

Immersive experiences? Yes, please. With the wide though short-lived success of Pokemon Go, businesses got a sense of expanding on AR and VR efforts beyond gaming.

Today, interior designing businesses are using these reality-bending technologies to give their customers a view of their property post re/design. Industries are loving the way AR and VR can create experiences that become a part of reality for customers.

AR and VR are also being used in the advertising industry to make marketing material that lasts for long in any viewer’s mind. Mobile applications that allow for artificial reality experiences will undoubtedly continue to be one of the hot trends this year.

Blockchain Smartphone Applications

Mobile wallets and smart contracts based on Blockchain are on the rise. Mobile apps that allow for a secure payment gateway to exchange currency will continue dominating financial exchange.

Blockchain based smart wallets are allowing businesses to open their customers to a whole new world of ledger maintenance, payment methods, and tracking. Through state-of-the-art mobile apps based on Blockchain, institutions are allowing customers to leverage secure and encrypted payment channel.

On-demand apps, instant apps, and in-app security are some other trends that will flock the attention of smartphone app developers. These trends point us towards a faster and more efficient mobile app development ecosystem- one that will focus on solving pressing industry challenges for businesses.

Partner with a Credible Smartphone App Development Company

Mobile app development is not an inexpensive process. And so, when mobile apps fail (99.99 percent of the time- according to Gartner), they leave the top management depressed and with huge losses of time and money.

Choose your development partner wisely. At CDN Solutions Group, we make sure you don’t lose your hard-earned cash on a doomed mobile app. We comprehensive learn about your business requirements, proactively add to your plan, and strategically execute the cycle of smartphone app development

Our smartphone app developers are proficient in handling complex business or enterprise grade requirements and develop solutions leveraging leading technologies such as AR, VR, AI, ML, IoT, Blockchain, Beacon, etc.

CDN Solutions Group provides best Mobile app development services USA

Looking for a team of expert smartphone application developers? Reach out to us today!

[ledvideo]

The development prospect of touch small pitch LED display in the commercial display market

The transition from monochrome to bicolor and then to full-color LED display is only a decade. With the continuous upgrading of LED display manufacturers, full-color LED display has become a beautiful landscape in every city. However, the traditional full-color LED display screen only has a one-way display function, and the audience is obviously tired of this single display. For this reason, LED display manufacturers have to carry many new technologies, and the development prospect of touch small pitch LED display in the business display market is getting better and better. Do you know the dot pitch of LED screen?

The development prospect of touch small pitch LED display in the commercial display market

In recent years, although the market demand of the LED display industry as a whole is still on the rise, the traditional LED display is close to saturation. Moreover, the market demand has developed towards diversification, personalization, segmentation and diversification. The traditional LED display cannot meet its demand. Some LED display enterprises have even been eliminated from the market due to serious homogenization and lack of advantages in all aspects of comprehensive strength.

In order to solve the survival dilemma, major LED display manufacturers have to carry out transformation, optimization and upgrading. In addition, driven by China's smart manufacturing 2025, the rise of smart cities, 5G and artificial intelligence and other intelligent technologies, LED display manufacturers have successively launched intelligent LED touch screens. This intelligent LED display breaks the shackles of the traditional audience group that can only see, but allows the audience group to change from seeing to playing, really participate in product design, and experience the fun. Innovation is the first driving force to lead development, while technology is the first productive force. The replacement of technology not only brings about product innovation, but also changes the quality of human life. LED display industry is no exception. In order to develop more market resources, major LED display manufacturers can only continue to develop new products and technologies. For example, LED display manufacturers have introduced many innovative technologies and product solutions to the market with the help of intelligent technology.

Previously, touch screen could only be used on LCD, backlight screen, electronic whiteboard and other display devices. Now, LED display manufacturers can use LED display to achieve human-computer interaction with touch control, voice system, AR/VR+gesture/body feeling and other ways. However, no matter which way, display and touch have become the trend of the times. For LED display, if you want to seize the touch display market, you must solve the problem of grainy feeling when you watch LED display closely. The smaller the distance is, the closer the viewing distance is, the clearer and more exquisite the picture is, the higher the contrast is, and the stronger the color reproduction is. To this end, LED display manufacturers have developed small pitch LED display screens, which have now grown from 2.0mm to 0.7mm, and can achieve mass production, with higher definition, meeting the high-definition requirements of touch display.

However, if LED display manufacturers use traditional SMD to package LED displays with small spacing, the smaller the spacing, the more dead light rate and false soldering rate will appear, and the requirements for equipment, process and technology of LED display manufacturers are relatively high. To this end, LED display manufacturers have developed COB and MiniLED packaging technology, which can not only solve the problem of graininess in close viewing, but also greatly reduce the lamp death rate and false soldering rate, and further improve the display performance and stability of small spacing LED displays.

It is precisely because LED display manufacturers have solved the problem of the particle sensation of LED display screens in close proximity. Therefore, LED display enterprises combine touch technology with small pitch LED display screens, so that touch small pitch LED display screens can not only achieve intelligence, but also bring users a different product experience. In addition, with more and more multimedia information query devices, touch screen has become a habitual product for people to search and apply. Because the touch control small pitch LED display can not only be used to query information, but also can be used for multi person interactive learning and play. In addition, the touch small pitch LED display screen also has the characteristics of fast response, easy communication, durability, high-definition, seamless splicing, space saving and stable performance. Users only need to touch the icon or text on the LED display screen with their fingers to operate the display screen, so as to achieve the desired results.

LED display manufacturers, in order to appear more humanized in the operation design of touch controlled small pitch LED display, make the equipment more intelligent and information-based in the field of educational display with the help of big data, intelligence, digitization and the Internet. It also enables multiple devices to realize interconnection, content sharing, interworking, interoperability and other requirements. Different interfaces are designed for different fields according to the user's operating habits and the characteristics of simple and fast touch.

These intelligent and humanized operations bring new development opportunities for LED display manufacturers to enter the market of commercial display and educational display.

Thank you for watching. I hope we can solve your problems. Sostron is a professional LED display manufacturer. We provide all kinds of displays, display leasing and display solutions around the world. If you want to know:Small pitch LED display screen promotes development by taking advantage of commercial display screen. Please click read.

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Virtualized Evolved Packet Core Market by Component (Solution, Services), Application (LTE and VoLTE, IoT and M2M, MPN and MVNO), Deployment Mode (On-premise, Cloud), End User (Telecom, Enterprises, and Others) - Global Forecast to 2028

The Virtualized Evolved Packet Core (vEPC) Market is expected to reach $17.05 billion by 2028, at a CAGR of 23.4% during the forecast period of 2021 to 2028. Growing mobile data traffic volume; increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX); rising demand for commercialization of 5G network, IoT deployment, and agile networks; and increasing demand for broadband services over mobile networks are the key factors driving the growth of the virtualized evolved packet core market. However, factors such as the growing number of security concerns across the network infrastructure and the economic downturn caused due to the COVID-19 pandemic have posed serious challenges to the growth of the virtualized evolved packet core market.

Impact of COVID-19 on the vEPC Market.

The COVID-19 pandemic has adversely hit many economies around the globe. Combat measures such as lockdowns, social distancing, and quarantines to fight COVID-19 have adversely impacted many industries worldwide, including IT & telecommunications. With most employees working from home and students learning virtually, enterprise virtual private network (VPN) servers have become lifelines for organizations/schools. According to UNESCO, 850 million students are now learning and attending classes from home while several million workers have suddenly switched to remote working, creating an enormous change in communication networks’ usage. Network traffic in Europe has increased by approximately 50%, as most people have been confined to their homes.

In March 2020, 3GPP, the global association developing the 5G technology, announced a three-month delay in the timeline for completing 5G specifications due to COVID-19. Delayed releases have slowed down the commercial development of virtual evolved packet core solutions and 5G deployments. Supply chain disruptions and delays in the release of 5G technology have adversely affected the virtual evolved packet core market in 2020-2021. However, leading market players are focused on bringing the virtual evolved packet core market back on track. Moreover, local governments are also undertaking several initiatives to mitigate the negative impacts of COVID-19. As a result, the virtual evolved packet core market is expected to recover by 2024.

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Significant growth in mobile data traffic volumes to fuel the market growth.

The ever-changing mix and rising growth of wireless devices that are accessing mobile networks globally are the primary factors supporting mobile data traffic growth. Mobile data traffic across the globe is increasing due to the growing penetration of smartphones and the easy availability of affordable high-speed network services. For instance, as per GSMA Intelligence, global smartphone penetration is expected to increase from 65% in 2021 to 80% by the end of 2025. According to Ericson, 5G networks will carry 45% of total mobile data traffic by 2025. Thus, the growing mobile data traffic has created the need for virtualized evolved packet core solutions to manage the data traffic. Virtualized evolved packet core helps manage mobile data traffic efficiently, thereby improving throughput, lowering network congestion issues, optimizing resource use, and enhancing service quality.

The evolution of cellular network technology, which provides higher data speeds and lower latency, is one of the prime features that boost the adoption of virtualized evolved packet core solutions. The rapidly rising data volume has been largely driven by consumer demand for video and business and consumer moves to use cloud services. Demand for mobile data services is primarily driven by the growing use of services and applications in consumer electronic devices and business-to-business (B2B) communication systems currently using/testing data-intensive applications such as AR and VR and 3D and ultra-HD video content. An extensive volume of data being carried by cellular networks has been boosting mobile data traffic. For instance, according to Cisco Systems, Inc., the global business mobile data traffic is expected to grow six-fold from 2017 to 2022, at an annual growth rate of 42%. Such a rapid increase in mobile data traffic is expected to drive the virtualized evolved packet core solutions over the forecast period.

Key Findings in the Global Virtualized Evolved Packet Core Market Study:

In 2021, the solutions segment dominated the virtualized evolved packet core market.

Based on component, the solution segment accounted for the largest share of the virtualized evolved packet core (vEPC)market in 2021. The increasing need to reduce OPEX and CAPEX, growing mobile data traffic volume, and rising demand for high-speed and large network coverage are the factors driving the growth of this segment. The usability, criticality, and easy deployment of virtualized evolved packet core solutions further support the growth of this segment. Owing to the benefits offered by these solutions, several providers are investing in R&D to make the solutions better and more affordable, even for small and medium-scale enterprises. However, the services segment is expected to emerge as the fastest-growing segment throughout the forecast period.

The cloud-based segment to grow at the highest CAGR during the forecast period.

Based on deployment mode, the cloud-based segment is expected to grow at the highest CAGR during the forecast period. The adoption of cloud computing is gaining popularity among small and medium-scale enterprises. Several organizations are gradually moving towards cloud infrastructure, which is expected to grow in the coming years. The benefits of cloud infrastructure in the form of ease of adoption, minimal requirement of in-house infrastructure, scalability, and easy installation of networking solutions support the faster growth of this segment.

In 2021, the MPN and MVNO segment dominated the virtualized evolved packet core market.

Based on end user, the telecom sector accounted for the largest share of the (vEPC) market in 2021. The rising penetration of mobile devices and demand for low-cost mobile services; increasing demand for high-speed internet connectivity; the rising demand for improved voice, video, and mobile internet are the key factors driving the growth of the MPN and MVNO segment.

Asia-Pacific: The fastest-growing regional market

In 2021, North America accounted for the largest share of the virtualized evolved packet core market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. However, Asia-Pacific is expected to witness rapid growth during the forecast period. The rapid growth of this region is mainly driven by the increasing adoption of technologies, such as cloud computing and IoT. Besides, the rapid proliferation of 5G in developing countries of Asia-Pacific, increasing subscriber base, favorable government policies and regulations, and demand for broadband services are expected to help the region grow rapidly over the coming years.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by the leading market participants in the virtualized evolved packet core (vEPC) industry over the last four years. The key players profiled in the global virtualized evolved packet core market are ZTE Corporation (China), Cisco Systems, Inc. (U.S.), Telefonaktiebolaget LM Ericsson SE (Sweden), Affirmed Networks, Inc. (U.S.), Mavenir Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Samsung Electronics Co, Ltd. (South Korea), Tecore Inc. (U.S.), Nokia Corporation (Finland), Parallel Wireless, Inc. (U.S.), F5 Networks, Inc. (U.S.), NEC Corporation (Japan), IPLOOK Technologies Co Ltd (China), Polaris Networks (U.S.), Athonet SRL (Italy), LEMKO Corporation (U.S.), Metaswitch Networks (U.K.), and Intel Corporation (U.S.).

Scope of the Report:

Virtualized Evolved Packet Core (vEPC) Market, by Component                            

Solutions

Services

Mobility Management Entity (MME)

Home Subscriber Server (HSS)

Serving Gateway (SGW)

Packet Data Network Gateway (PDNGW)

Policy and Changing Rule Function

Professional Services

Managed Services

Consulting services

System Integration Services

Training and Support Services

Virtualized Evolved Packet Core (vEPC) Market, by Application

MPN and MVNO

IoT and M2M

LTE and VoLTE

Virtualized Evolved Packet Core (vEPC) Market, by Deployment Mode

On-premise

Cloud

Virtualized Evolved Packet Core (vEPC) Market, by End User                    

Telecom Industry

Enterprises

Other End Users

Financial Services

Travel & Consumers

IT & Software

Media & Entertainment

Healthcare

Other Enterprises

Virtualized Evolved Packet Core (vEPC)Market, by Region

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

U.S.

Canada

U.K.

Germany

France

Italy

Spain

Netherlands

Norway

Sweden

Rest of Europe

China

South Korea

Japan

India

Malaysia

Singapore

Australia and New Zealand

Rest of Asia-Pacific

Brazil

Mexico

Rest of Latin America

Saudi Arabia

UAE

Israel

Rest of MEA

[eov-blogs]

Top digital healthcare technology trends to follow in 2022

Technology is an indispensable part of every field now. Especially after the pandemic, there has been an ever-rising indulge of technology in healthcare application. Mobile health apps have started becoming ever so popular, Telehealth, telemedicine are being looked up to and smart pills are all set to win over the medical genre.

In this blog, we will cover a few trends that are expected to be followed by technology in healthcare sector.

Digital transformation in healthcare institutions

Healthcare facilities and set ups are all set to welcome complete digital transformation, without which they might miss out on true value creation. Let us now look at the top trends for 2022 in the field of healthcare technology.

Trend #1 — Telehealth and Telemedicine

During the Covid-19 pandemic, telemedicine saw an exponential rise. This is here to stay! The rise is more than 150 times of what it was in the previous decades. According to McKinsey, the total US healthcare spend could be about USD 250 bn, in only virtual medicines! So, why telemedicine is the future?

It is cost effective for both patients and hospitals wherein the costs go down by 10–15% for the former. On the other hand, hospitals save on the payments that they have to pay per patient visit. Also, telemedicine has resulted in better outcomes in creating value.

Telemedicine platforms should be secure, provide real time location services and come with appointment management services. So, what trends to consider? It is also essential to integrate Electronic Health Records or EHRs to your telemedicine app. It will allow browsing patient records seamlessly. Cloud based server solutions are also important to make different processes function properly.

Trend #2 — Internet of Medical Things (IoMT)

Of the total IoT market, IoMT takes up about 30% , and is expected to reach $6.2 trillion by the year 2025. Today, a lot of wearable health devices have become very popular like ECG and EKG monitors, BP instruments etc. They allow doctors to monitor remote patients easily. With IoMT, smart pills have also come to the forefront. Approved in 2017 by the FDA, they give doctors the power to exercise many innovative options in remote healthcare management. We can expect more of chronic disease monitoring technologies, disability and rehabilitation assistance and speech assistance etc.

Trend #3 — AI and ML

Reports say the healthcare AI market is likely to grow 10 times by the year 2025 and reach a total of $13 billion. Today, artificial intelligence sees mane applications in the healthcare field. A few examples include cancer diagnosis and treatment, chatbot technology for patient assistance, virtual nursing assistance and more. Many startups and enterprises are also using AI/ML to enhance efficiency and productivity, while augmenting innovative solutions.

Trend #4 — AR/VR in healthcare

The augmented reality or virtual reality headsets are greatly helping patients who suffer from dementia or cognitive impairments. They are also being increasingly used to train students at reasonable costs. With AR/VR sets, doctors also get the opportunity to brace themselves for any unpredictable surgeries. This steady rise in AR/VR technology is all set to skyrocket in the coming years, with more and more healthcare professionals opting for them.

Trend #5 — Blockchain technology

Today, data needs to be secure, accessible and portable. This is crucial for virtual businesses to flourish. Data security and safe sharing are of high importance and this is where, blockchain technology comes into picture. The peer-to-peer system of blockchain is what makes way for users to access a common source, ensuring safety and credibility.

Trend #6 — Protective analysis and big data

Big data has been revolutionizing the healthcare sector. It is quite evident from the fact that there is a rise in computing capabilities and advanced database usage. Medical diagnosis and imaging create a vast amount of data. Big data is what gives the power to process all these huge amounts of data and convert them into actionable information. This information is of crucial significance to patients and health care institutions. Because of its high advantages, big data is finding increasing demand in this sector and is likely to witness exemplary growth in the coming years.

Conclusion

Digital technologies are rising, thanks to technological advancements and also the pandemic we just witnessed. The trends that we discussed above have just started to pick up. In the coming years, a majority of these technologies will become indispensable in the medical field. They will surely revolutionize the way healthcare sector performs. If you have any technological idea with regards to healthcare and would like to take it ahead, we are here for you! Contact us today to integrate your healthcare apps onto the cloud server, or to build any specific modern apps for your medical field requirements.

[alex121world]

Healthcare Augmented Reality and Virtual Reality Market Report Explored in Latest Research 2021-2031

Global augmented reality and virtual reality market in healthcare industry is expected to reach $10.82 billion by 2025, representing a remarkable 2019-2026 CAGR of 36.1%. Augmented Reality (AR) technology accounts for a larger market share and will grow at 38.38% annually over the forecast years, faster than the Virtual Reality (VR) technology in healthcare domain.

Highlighted with 82 tables and 79 figures, this 184-page report “Global Healthcare Augmented Reality and Virtual Reality Market by Technology, Offering, Device Type, Application, End-user, and Region 2019-2026: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global healthcare AR and VR market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

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The report provides historical market data for 2015-2018, revenue estimates for 2019, and forecasts from 2020 till 2026. (Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global healthcare augmented reality and virtual reality market in every aspect of the classification from perspectives of Technology, Offering, Device Type, Application, End-user, and Region.

Based on technology, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section. • Augmented Reality (AR) o Marker-based Augmented Reality (further segmented into Passive Marker and Active Marker) o Markerless Augmented Reality (further segmented into Model based Tracking and Image based Processing) • Virtual Reality (VR) o Nonimmersive Technology o Semi-Immersive and Fully Immersive Technology

Based on offering, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section. • Hardware o  Sensors o  Semiconductor Component o  Displays and Projectors o  Position Trackers o  Cameras o  Others • Software o   Software Developer Kits o   Imaging Solutions o   Enterprise Solutions o   Content Platforms o   Others • Service o   Cloud Services o   System Integration o   Consulting o   Others

Based on device type, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section. • Augmented Reality Devices o   Head-Mounted Display (HMD) o   Handheld Device • Virtual Reality Devices o   Head-Mounted Display (HMD) o   Gesture-Tracking Device o   Projector & Display Wall

Based on application, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section. • Surgery • Rehabilitation and Behavioral Neurology • Pain Management • Medical Training and Education • Diagnosis • Fitness Management • Virtual Reality Expose Therapy (VRET) • Others

Based on end-user, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section. • Academic Institutes • Hospitals and Clinics • Research and Diagnostics Laboratories • Pharma Companies and Research Centers • Advertising and Government Agencies • Other End Users

Geographically, the following regions together with the listed national markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe) • North America (U.S. and Canada) • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) • RoW (Saudi Arabia, United Arab Emirates, South Africa)

For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of all regional markets by country and split of key national markets by Technology, Application, and End-user over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global healthcare augmented reality and virtual reality market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

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Key Players: Alphabet Inc Artificial Life, Inc. CAE Healthcare EON Reality Facebook Foursquare Labs, Inc. GE Healthcare Hologic, Inc. HTC Immersion Corp Intuitive Surgical Inc. Medtronic Microsoft Orca Health Philips Healthcare Samsung Siemens Healthcare Simulab Corp Sony TheraSim, Inc. VirtaMed Vuzix Corp (Please note: The report will be updated before delivery if necessary, so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

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Augmented Reality and Virtual Reality  report provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, market share, and competitive landscape.

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Network Slicing Market Insights on Scope and Growing Demands 2025

The report "Network Slicing Market by Component (Solution and Services (Professional and Managed)), End User (Telecom Operators and Enterprises), Application (Manufacturing, Government, Automotive, Media and Entertainment), and Region - Global Forecast to 2025 ", global network slicing market size is projected to grow from USD 161 million in 2020 to USD 1,284 million by 2025, at a Compound Annual Growth Rate (CAGR) of 51.5% during the forecast period. The network slicing market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency. The rapid rise in the volume of data being carried by cellular networks has been driven largely by consumer demand for video and the shift of business toward the use of cloud services.

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Services segment to grow at the highest CAGR during the forecast period

Services play a vital role in the deployment and integration of next-generation networking solutions in an enterprise’s business environment. Services are considered an important component of the network slicing market, as they majorly focus on improving the business processes and optimizing the enterprise’s network. Services are considered as the backbone of network slicing, as they are instrumental in fulfilling the clients’ requirements, such as network testing, planning and optimization, support and maintenance, and consulting

Automotive segment to grow at the highest CAGR during the forecast period

The automotive industry also makes use of the 5G technology to boost the productivity, enhance the efficiency, increase drive the brand loyalty, and offer autonomous and cooperative vehicles with significantly improved security standards and multimodal transportation solutions. The introduction of next-generation technologies, such as 5G gave birth to numerous applications, such as AR, virtual realityVR, and tactile internet.

North America region to record the highest market share in the network slicing market in 2020

North America is one of the most technologically advanced regions in the world. Consumers based in this region have readily adopted 4G-enabled smartphones that make the region as one of the established and most advanced mobile regions in the world. According to the Ericsson Mobility Report published in 2017, North America records the largest use of smartphones, and traffic per smartphone is expected to increase from 7.1GB per month by the end of 2017 to 48GB by the end of 2023. The increasing number of internet subscribers, expanding mobile data traffic, and growing government emphasis on enhancing telecommunications infrastructure to meet the users’ demand for seamless connectivity would drive the market to a great extent in the region. Further, the region is expected to be the early adopter of 5G services in areas such as AR/VR, autonomous driving, and AI owing to the high customer digital engagement.

Key and innovative vendors in the network slicing market include Nokia (Finland), Ericsson (Sweden), Huawei (China), ZTE (China), Samsung (South Korea), Blue Planet (US), Parallel Wireless (US), Affirmed Networks (US), Mavenir (US), Argela (Turkey), Cisco (US), HPE (US), Tambora Systems (Singapore), AMDOCS (US) and Aria Networks (UK)

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North America Digital Transformation in Manufacturing Market Trends, Capacity, Production And Forecast Analysis, 2025

The North America Digital Transformation in Manufacturing Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The North America digital transformation in manufacturing market size is estimated to reach USD 25.70 billion by 2025 and is projected to grow at a CAGR of 17.2% from 2018 to 2025, according to a new report by Million Insights. The increase in demand for digital solutions in manufacturing due to high productivity and efficiency is expected to increase the demand for digital solutions in the next few years.

Key Players:

ABB

Dassault Systemes

Emerson Electric Co.

Fanuc Corporation

General Electric Company

Honeywell International, Inc.

Mitsubishi Electric Corporation

Rockwell Automation, Inc.

Robert Bosch GmbH

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Growth Drivers:

Furthermore, the increasing trend of robotics and artificial intelligence in the automation industry is supporting market growth. These solutions offer real-time, smart decision-making options that are useful in industrial operations. Additionally, the IoT enables all devices to be connected at one level and also links with the supply chain. Moreover, IoT-enabled devices such as sensors provide a self-diagnostic approach in the manufacturing industry. In addition, growing investment in R&D activities is encouraging manufacturers to develop advanced sensor technologies to optimize and increase the operational efficiency of the plant or manufacturing units.

Type Outlook:

Solution

Analytics

Cloud Computing

Mobility

Social Media

Service

Implementation and Integration Services

Professional and Consulting Services

Deployment Outlook:

Hosted

On-premise

Country Outlook:

The growing penetration of enterprise resources planning (ERP), big data, and IoT solution in North America are expected to bolster the demand for digital solutions in the market. Moreover, the manufacturers invest in developing digital technologies to improve operational efficiency.

In North America, the government authorities also invest in R&D activities to develop data analytic solutions, advanced networks, and process control to increase productivity and efficiency of manufacturing units. In Canada, the manufacturers focus on robotics, automation, and supply chain processes. This trend is anticipated to propel the growth of the digital manufacturing industry.

Impact of COVID-19

COVID-19 pandemic is projected to accelerate the digital transformation in manufacturing industries. Coronavirus has disrupted the supply chain and production process in manufacturing facilities. Additionally, lockdown is causing a lack of workforce at manufacturing sites.

However, the companies are focusing on improving their productivity and employee engagement through initiatives such as remote working. Thus, manufacturing companies are exploring different ways of translating in-person events into digital experiences. Various digital technology solutions including artificial intelligence (AI), robotic process automation (RPA), virtual reality (VR), and IoT devices are expected to play a key role in digital transformation.

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