#IOT Sensors Market Analysis

[businessintelligenceinsightsblog]

As per Business Intelligence Insights (BII) study, the Global IOT Sensors Market attained revenue growth of USD 8,210.50 million in 2021 and it is projected to reach around USD 58794.12 million by 2030, growing at a 27.90% CAGR.

[researchreport11]

Europe IoT Sensor Market – Global Industry Analysis and Forecast (2022-2027)

[biz-buzz-hub]

📊 Unlocking Trading Potential: The Power of Alternative Data 📊

In the fast-paced world of trading, traditional data sources—like financial statements and market reports—are no longer enough. Enter alternative data: a game-changing resource that can provide unique insights and an edge in the market. 🌐

What is Alternative Data? Alternative data refers to non-traditional data sources that can inform trading decisions. These include:

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Satellite Imagery: Observing traffic patterns in retail store parking lots can indicate sales performance before official reports are released. 🛰️

Web Scraping: Gathering data from e-commerce websites to track product availability and pricing trends can highlight shifts in consumer behavior. 🛒

Sensor Data: Utilizing IoT devices to track activity in real-time can give traders insights into manufacturing output and supply chain efficiency. 📡

How GPT Enhances Data Analysis With tools like GPT, traders can sift through vast amounts of alternative data efficiently. Here’s how:

Natural Language Processing (NLP): GPT can analyze news articles, earnings calls, and social media posts to extract key insights and sentiment analysis. This allows traders to react swiftly to market changes.

Predictive Analytics: By training GPT on historical data and alternative data sources, traders can build models to forecast price movements and market trends. 📊

Automated Reporting: GPT can generate concise reports summarizing alternative data findings, saving traders time and enabling faster decision-making.

Why It Matters Incorporating alternative data into trading strategies can lead to more informed decisions, improved risk management, and ultimately, better returns. As the market evolves, staying ahead of the curve with innovative data strategies is essential. 🚀

Join the Conversation! What alternative data sources have you found most valuable in your trading strategy? Share your thoughts in the comments! 💬

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[industrynewsupdates]

Vertical Farming Market Recent Trends and Growth Analysis Report 2024 – 2030

The global vertical farming market size is expected to reach USD USD 24.95 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.1% from 2023 to 2030. Increased use of Internet of Things (IoT) sensors for producing crops is likely to spur market demand over the forecast period. Information obtained from the sensors is stored on the cloud and analyzed to perform the required actions. The growing automation in agriculture and increasing use of big data and predictive analytics for maximizing yields are also likely to drive the market.

Vertical farming is effective in ensuring stability in crop production and maintaining reliability even in adverse climatic conditions. It provides multiple benefits over the traditional farming technique, such as less use of water, the lesser need for agrochemicals, and low dependence on agricultural labor. Vertical farming makes use of metal reflectors and artificial lighting to maximize natural sunlight.

Genetically modified organisms and the environmental and health effects of pesticides and other non-natural substances that are used for increasing agricultural production have encouraged consumers to adopt organic foods. According to the Organic Trade Association, the U.S. organic industry sales increased by around 5% in 2019 owing to the increased investment in infrastructure and education. As per the Organic Foods Production Act of 1990, the handlers and growers of organic products need to comply with the regulations.

Gather more insights about the market drivers, restrains and growth of the Vertical Farming Market

Detailed Segmentation:

Market Concentration & Characteristics

The vertical farming market growth stage is high. The vertical farming market is witnessing a significant degree of innovation, marked by the adoption of advanced technologies such as sensors and cameras in order to enhance resource efficiency, increase yields, and address challenges such as limited space and environmental constraints. Also, technologies such as hydroponics, aeroponics, LED grow lights, and automation systems are commonly employed to enhance efficiency and crop quality.

Market Dynamics

The growth of the vertical farming market is attributed to factors such as steady population growth, government incentives, limited availability of cultivable land, and the increasing demand for high-quality and fresh food. Moreover, the increasing consumer demand for organic food is positively impacting the growth of the vertical farming market, creating favorable business opportunities. With consumers placing a higher value on organic products, vertical farming is a viable solution to meet this demand.

Component Insights

On the basis of components, vertical farming market is segmented into hardware, software, and services. The hardware segment accounted for the largest market share in 2022. Hardware plays a significant role in maintaining an environment in vertical farming. The segment is further categorized into lighting, hydroponic components, climate control, and sensors. The lighting segment led the market and accounted for more than 44.46% of global hardware revenue in 2022. A large share of the lighting segment can be attributed to the dependence of vertical farms on artificial lighting. Artificial lights provide sufficient light intensities required for crop growth. The climate control segment is expected to register the highest CAGR of 20.6% over forecast period. Increasing adoption of hydroponic components by farmers to minimize weight load and infrastructure needed to support equipment is anticipated to drive demand for hydroponic components.

Growing Mechanism Insights

The Hydroponics segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Hydroponics is a popular growth mechanism due to low installation costs and ease of operations. It is a method of growing plants without soil, where soil is replaced by mineral solution inserted around plant roots. Additionally, the hydroponics method removes the risk of soil organisms causing diseases.

Crop Category Insights

The fruits, vegetables, & herbs segment registered the largest market share in 2022 and is expected to remain dominant between 2023 and 2030. Increasing cultivation of commonly grown fruits and vegetables in vertical farming is driving segment growth. Crops grown in vertical farming provide maximum profit to companies involved in their cultivation. At the same time, vertical farming improves biodiversity as it does not cause land disturbances. As such, vertical farming is in high demand for growing different types of crops. Further, fruits, vegetables, & herbs are segmented into tomato, lettuce, bell, chili peppers, strawberry, cucumber, leafy greens (excluding lettuce), herbs, and others. Among which tomatoes segment led the market and accounted for more than 24.23% of global fruits, vegetables, & herbs revenue in 2022. 

Structure Insights

The shipping container segment dominated the market with a share of about 53.32% in 2022 and is expected to remain dominant between 2023 and 2030. This growth is attributed to the ability of structure to help grow crops irrespective of geographic location. One of the primary benefits of container-based farming is that container farms are easy to transport, and one doesn't require a large piece of land or dedicated building to start cultivating.

Regional Insights

In terms of revenue, Europe dominated the vertical farming market in 2022 with a share of approximately 31.7% and is expected to remain dominant between 2023 and 2030. Growing awareness regarding the importance of alternative farming owing to less availability of fertile agricultural land and increasing population in the region is the key factor anticipated to spur the demand.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global synthetic data generation market size was valued at USD 218.4 million in 2023 and is projected to grow at a CAGR of 35.3% from 2024 to 2030. 

• The global service virtualization market size was valued at USD 786.0 Million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2030. 

Key Companies & Market Share Insights

Some of the key players operating in the market include Agrilution GmbH; Aerofarm; Brightfarms Inc.; Everlight Electronics Co., Ltd; Freight Farms; GrowUp Urban Farms Ltd.; Green Sense Farms, LLC; Vertical Farm Systems.

• Vertical Farm Systems is engaged in the development of fully automated growing systems with reusable medium and energy efficient climate cells. The company utilizes artificial intelligence (AI) and automation for optimized growing conditions.

• Brightfarms Inc., is an indoor farming company that provides fresh packaged salad. The company sells their product locally that are grown in controlled environment. The company is inclined towards development of efficient vertical farming system with a focus on resource efficiency and sustainable practices.

Key Vertical Farming Companies:

• AeroFarms (U.S.)

• Illumitex, Inc. (U.S.)

• American Hydroponics (U.S.)

• Agrilution GmbH

• Brightfarms Inc.

• Everlight Electronics Co., Ltd.

• Freight Farms

• GrowUp Urban Farms Ltd.

• Green Sense Farms, LLC

• Vertical Farm Systems.

Vertical Farming Market Segmentation

Grand View Research has segmented the global vertical farming market report based on structure, growing mechanism, crop category and region

Vertical Farming Structure Outlook (Revenue, USD Million, 2017 - 2030)

• Shipping Container

• Building-based

Vertical Farming Component Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware

o Lighting

o Hydroponic components

o Climate control

o Sensors

• Software

• Services

o System Integration & Consulting

o Managed Services

o Assisted Professional Services

Vertical Farming Growing Mechanism Outlook (Revenue, USD Million, 2017 - 2030)

• Hydroponics

• Aeroponics

• Aquaponics

Vertical Farming Crop Category Outlook (Revenue, USD Million, 2017- 2030)

• Fruits Vegetables, & Herbs

o Tomato

o Lettuce

o Bell & Chili Peppers

o Strawberry

o Cucumber

o Leafy Greens (excluding lettuce)

o Herbs

o Others

• Flowers & Ornamentals

o Perennials

o Annuals

o Ornamentals

• Others (Cannabis, Microgreens)

Vertical Farming Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

• Asia Pacific

o China

o Japan

o India

o Singapore

o South Korea

• South America

o Brazil

• Middle East and Africa (MEA)

Order a free sample PDF of the Vertical Farming Market Intelligence Study, published by Grand View Research.

Recent Developments

• In March 2023, BrightFarms, a pioneer in the indoor farming industry, is growing by establishing four additional regional greenhouse centers that introduce sustainably farmed leafy greens to a broader audience in the Eastern and Central United States. The newly built greenhouse centers are expected to meet the rising demand for organic food and initiate distribution to retailers by 2024. With this expansion, the company is expecting 10x revenue growth by 2024.

• In February 2023, AeroFarms and Public Investment Fund (PIF), a wealth funding body of Saudi Arabia, announced a joint venture to establish indoor vertical farms in the Middle East and Saudi Arabia.

[prettymunchkin]

Unlocking the Future: AI's Hidden Potential in Real Estate

In an era characterized by rapid technological advancements, industries across the board are witnessing transformative changes, and the real estate sector is no exception. As AI continues to permeate various aspects of our lives, its potential to empower the real estate industry remains largely untapped. In this blog post, we'll explore the unique ways in which AI can revolutionize the real estate landscape, unlocking new opportunities and reshaping traditional practices.

Democratizing Access to Real Estate Investment: Traditionally, investing in real estate has been perceived as exclusive to those with substantial capital and industry expertise. However, AI-powered platforms are democratizing access to real estate investment by offering fractional ownership and crowdfunding opportunities. Through algorithms that analyze market trends and assess investment risks, these platforms enable individuals to diversify their portfolios and participate in lucrative real estate ventures with lower barriers to entry.

Sustainable Development and Green Building Initiatives: As sustainability becomes a key priority in urban development, AI can play a pivotal role in advancing green building initiatives. Machine learning algorithms can optimize building designs for energy efficiency, leverage IoT sensors to monitor resource consumption, and forecast environmental impacts. By integrating AI-driven sustainability solutions into real estate projects, developers can minimize carbon footprints, reduce operational costs, and create healthier living environments for occupants.

Enhancing Urban Planning and Smart Cities: AI's ability to process vast amounts of data can revolutionize urban planning and contribute to the realization of smart cities. By analyzing demographic trends, traffic patterns, and infrastructure requirements, AI algorithms can optimize land use, improve transportation networks, and enhance urban resilience. Through predictive modeling and scenario analysis, city planners can make data-driven decisions that foster sustainable growth, mitigate congestion, and enhance quality of life for residents.

Empowering Real Estate Agents with Intelligent Assistants: Real estate agents juggle numerous tasks, from lead generation to property management, often leading to time constraints and inefficiencies. AI-powered virtual assistants can alleviate this burden by automating repetitive tasks, such as scheduling appointments, responding to inquiries, and generating personalized property recommendations. By leveraging natural language processing and sentiment analysis, these intelligent assistants can enhance customer engagement, streamline workflows, and enable agents to focus on high-value activities.

Predictive Analytics for Property Development: AI-driven predictive analytics offer valuable insights into future property trends and demand dynamics, guiding developers in making informed decisions throughout the development lifecycle. By analyzing factors such as population growth, economic indicators, and consumer preferences, AI algorithms can identify prime locations for new developments, optimize property designs, and forecast market demand with greater accuracy. This proactive approach minimizes investment risks and maximizes returns on real estate projects.

Cultural Preservation and Heritage Conservation: Preserving cultural heritage sites and historic buildings is crucial for maintaining a sense of identity and preserving collective memory. AI technologies, such as computer vision and image recognition, can aid in the documentation, restoration, and conservation of cultural landmarks. By digitizing architectural artifacts, analyzing structural integrity, and simulating restoration scenarios, AI contributes to the preservation of cultural heritage for future generations to appreciate and cherish.

Conclusion:

As we navigate the complexities of an ever-evolving real estate landscape, embracing AI's transformative potential is key to unlocking new opportunities and addressing emerging challenges. From democratizing access to investment opportunities to advancing sustainable development initiatives, AI empowers stakeholders across the real estate industry to innovate, adapt, and thrive in a rapidly changing world. By harnessing AI's capabilities, we can build more resilient, inclusive, and sustainable communities for generations to come.

[marketinsight1234]

Indonesia Smart Cities Market Outlook for Forecast Period (2023 to 2030)

Indonesia's Smart Cities are Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

The development of smart cities revolves around the utilization of cutting-edge technologies and data analytics to optimize urban systems. Key components include the implementation of the Internet of Things (IoT) infrastructure, which involves the deployment of connected devices and sensors to gather real-time data.

This data is then analyzed to provide valuable insights that inform decision-making by city officials. Smart mobility solutions play a vital role in improving transportation networks, easing traffic congestion, and promoting eco-friendly transit options. E-governance platforms are adopted to streamline administrative processes and facilitate seamless citizen-government interactions.

Sustainability initiatives are emphasized, including energy-efficient buildings, renewable energy integration, waste management, and environmental conservation. Moreover, citizen engagement is fostered through digital platforms, allowing residents to actively participate in shaping urban policies and providing feedback to authorities.

One of the notable examples of smart city development in Indonesia is the "Jakarta Smart City" initiative. As the capital and most populous city in the country, Jakarta faces numerous urban challenges such as traffic congestion, waste management, and environmental pollution. To tackle these issues, the Jakarta Smart City program leverages technology and data to improve various urban services. Real-time traffic data is collected through IoT sensors to optimize transportation routes and manage traffic flow efficiently.

Waste management is enhanced by implementing smart waste bins that alert authorities when they need to be emptied, reducing unnecessary waste collection trips. Moreover, the program employs digital platforms and mobile applications to engage citizens, allowing them to access information about city services, report issues, and participate in decision-making processes. These efforts have aimed to transform Jakarta into a more sustainable, efficient, and citizen-centric smart city.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

The latest research on the Indonesia Smart Cities market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Indonesia Smart Cities industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Indonesia Smart Cities market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Market Driver:

One of the key drivers propelling the growth of the Indonesia Smart Cities market is the government's strong commitment to urban development and digital transformation. Initiatives such as the 100 Smart Cities Movement and various smart city pilot projects across the archipelago are driving the integration of smart technologies. The government's emphasis on creating efficient and sustainable urban ecosystems through the adoption of smart solutions is encouraging both public and private sector investments. As a result, there is a growing demand for intelligent infrastructure, smart transportation systems, and data-driven governance to address the challenges of rapid urbanization.

Market Opportunity:

An exciting opportunity within the Indonesia Smart Cities market lies in the development of smart transportation systems. As urbanization accelerates, traffic congestion and transportation inefficiencies pose significant challenges. Implementing smart transportation solutions, including intelligent traffic management, integrated public transportation systems, and the adoption of electric vehicles, can greatly enhance urban mobility. The integration of these technologies not only addresses current challenges but also creates a foundation for sustainable and future-ready urban transportation. Entrepreneurs and businesses investing in smart transportation solutions stand to benefit from a burgeoning market with the potential to transform how people and goods move within cities.

Leading players involved in the Indonesia Smart Cities Market include:

PT Aplikanusa Lintasarta (Indonesia), PT Telkom (Telekomunikasi Indonesia Tbk) (Indonesia), PT XL Axiata Tbk (Indonesia), Siemens (Germany), Schneider Electric (France), Philips (Netherlands), Huawei Tech Investment (China), PT Waskita Karya (Indonesia), PT KAI Commuter Jabodetabek (Indonesia), PT Indosat Ooredoo (Indonesia), PT Link Net Tbk (First Media) (Indonesia), PT Surya Semesta Internusa (Indonesia), Ace Hardware Tbk (US), PT Sinar Mas Land (Indonesia), PT Cipta Kridatama (Indonesia), SICE (Spain), PT Cyberindo Aditama (CBN) (Indonesia), PT Sampoerna Telekomunikasi Indonesia (STI) (Indonesia), PT Pelayaran Tempuran Emas Tbk (TEMAS) (Indonesia), PT Bangun Cipta Kontraktor (BCK) (Indonesia), and Other Major Players. 

If You Have Any Query Indonesia Smart Cities Market Report, Visit:

Segmentation of Indonesia Smart Cities Market:

By Solution and Service      

Smart Mobility Management

Smart Public Safety

Smart Healthcare

Smart Building

Smart Utilities

Others

By Component         

Hardware

Software

Service

By Level        

Emerging Smart Cities

Developing Smart Cities

Mature Smart Cities

By End-user  

Government & Municipalities

Transportation & Logistics

Energy & Utilities

Healthcare

Education

Others

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[stagnate-03]

The Transformative Impact of AI on Data Collection and Analysis

In the ever-evolving landscape of technology, Artificial Intelligence (AI) has emerged as a powerful force reshaping various industries. One of the areas experiencing a profound transformation is data collection and analysis. The integration of AI into these processes has not only increased efficiency but has also unlocked new possibilities for extracting meaningful insights. This article explores the ways in which AI is revolutionizing data collection and analysis, driving innovation across sectors.

Automation and Efficiency:

Traditionally, data collection involved manual efforts, consuming significant time and resources. AI has automated this process, enabling organizations to gather and process vast amounts of data at unprecedented speeds. Machine learning algorithms can sift through massive datasets, identifying patterns, trends, and anomalies far more efficiently than human counterparts. This not only reduces the burden on human labor but also allows organizations to make data-driven decisions in real-time.

Enhanced Accuracy and Predictive Analytics:

AI technologies, particularly machine learning, excel in recognizing complex patterns within data. This capability enhances the accuracy of data analysis and enables predictive analytics. By leveraging historical data, AI models can forecast future trends and outcomes, providing valuable insights for strategic decision-making. This predictive power is invaluable in industries such as finance, healthcare, and marketing, where accurate forecasting is crucial.

Natural Language Processing (NLP) for Unstructured Data:

With the proliferation of unstructured data in the form of text, audio, and video, traditional data analysis methods struggled to extract meaningful information. AI, specifically Natural Language Processing (NLP), has emerged as a game-changer in handling unstructured data. NLP enables machines to understand and interpret human language, making it possible to analyze text, sentiment, and context. This capability is particularly beneficial in customer feedback analysis, social media monitoring, and content categorization.

Internet of Things (IoT) Integration:

The rise of IoT devices has led to an explosion of data generated from various sources, ranging from smart appliances to industrial sensors. AI plays a pivotal role in processing and analyzing this data in real-time. Machine learning algorithms can identify patterns, detect anomalies, and optimize processes based on the continuous stream of IoT-generated data. This synergy between AI and IoT has significant implications for industries like manufacturing, logistics, and smart cities.

Personalization and Customer Insights:

AI-driven data analysis enables organizations to personalize user experiences by understanding individual preferences and behaviors. Through advanced recommendation systems and behavioral analysis, businesses can tailor their products and services to meet the specific needs of their customers. This level of personalization not only enhances customer satisfaction but also improves customer retention and loyalty.

Ethical Considerations and Privacy:

While AI has brought about unprecedented advancements in data collection and analysis, it also raises ethical concerns, particularly related to privacy. The vast amount of personal data being collected requires careful handling to ensure compliance with privacy regulations and to protect individuals' rights. Striking a balance between innovation and ethical considerations remains a critical challenge in the continued development of AI-powered data solutions.

Conclusion:

The integration of AI into data collection and analysis is revolutionizing the way organizations operate and make decisions. The increased efficiency, accuracy, and predictive capabilities offered by AI have far-reaching implications across various industries. As we navigate this transformative era, it is essential to address ethical considerations and privacy concerns to ensure responsible and sustainable use of AI technologies in the realm of data. The ongoing synergy between human intelligence and artificial intelligence promises a future where data-driven insights drive innovation and fuel progress.

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[smazizul]

Types and 5 Most Popular for 2023

Types of IoT

Networking, communication, and connectivity systems depend on the specific IoT application being deployed. Just as there are many different IoT devices, there are many types of IoT applications depending on their use. Here are some of the more common ones:

• IoT client – ​​intended for everyday use. Examples: home appliances, voice assistants and lighting.

• Business IoT – commonly used in the healthcare and travel industries. Examples: smart pacemakers and monitoring systems.

• Military Matters (IoMT) - Commonly used for the application of IoT technology in the military sector. Examples: surveillance robots and attack-capable objects.

• Industrial Internet of Things (IIoT) - commonly used in industrial applications, such as in manufacturing and the energy sector. Ex: Digital control systems, smart agriculture and big data industries.

• IoT Infrastructure – It is widely used for connectivity in smart cities. Example: equipment sensors and control systems.

Why is IoT important? IoT has enabled the physical world to meet the digital world in collaboration. It provides benefits to organizations by allowing them to work and simplify their work. As IoT grows exponentially year on year, businesses are taking advantage of the incredible business benefits it can deliver. Here are some of the most important benefits of IoT:

• Create new business models and revenue streams

• Improve business decisions and insights based on IoT data.

• To increase productivity and efficiency of business operations

• To improve customer experience

Although global IoT spending has been affected by the economic impact of the COVID-19 pandemic, IDC's analysis shows that it will reach a CAGR of 11.3% over the forecast period 2020-2024.

What are IoT devices?

IoT devices are hardware devices, such as sensors, appliances, devices and other machines that collect and exchange data over the Internet. They are designed for certain applications that can be connected to other IoT devices. For example, an IoT device in your car can detect oncoming traffic and send an instant message to the person you're about to see about an upcoming delay.click amazon market place.

How do IoT devices work?

Different IoT devices have different functions, but they all have similarities in terms of how they work. First, IoT devices are physical objects that see what is happening in the physical world. They have integrated processors, network cards, and hardware, and are often connected to Dynamic Host Configuration Protocol servers. It also requires an IP address to work on the network.

Many IoT devices are programmed and controlled through software. For example, an app on your smartphone to control the lights in your home. Some tools are also built into the web server, eliminating the need for external applications. For example, the light turns on immediately when you enter the room.

[computerstudypoint]

Top 10 IT Skill In-Demand for 2023

There are so many types of skills are there but acquiring the best one to get a job is tough. So here are the top 10 IT skills are there which is most demanding in 2023.

So let’s see…

Machine Learning

Cloud Computing

Data Analyst

Cyber Security

DevOps

Software Development

Blockchain and Crytocurrency

IOT(Internet of Things)

UX/UI Design

Network Architect

Machine Learning

Machine learning (ML) is a rapidly growing field that involves teaching machines to learn from data and improve their performance over time. It has numerous applications across a wide range of industries, including healthcare, finance, marketing, and more. If you’re a student interested in pursuing a career in machine learning, go for it it’s a Best carrier option. And we all know that the machine learning which means AI is the future of new world

Cloud Computing

Cloud computing is a fastest growing field that involves the delivery of computing services, such as servers, storage, databases, software, and analytics, over the internet. It has numerous applications across a wide range of industries, including healthcare, finance, e-commerce, and more. If you’re a student interested in pursuing a career in cloud computing in 2023, it’s so good to peruse.

Data Analyst

Data analysts are in high demand across various industries, including finance, healthcare, marketing, and more. They are responsible for collecting, processing, and performing statistical analysis on large datasets to extract insights and make informed business decisions. This is a best option for carrier who has the interest in data management like things.

Cyber Security

Cybersecurity is an increasingly critical field that involves protecting computer systems, networks, and data from unauthorized access, theft, or damage. As the world becomes more digitally connected, cyber threats are becoming more sophisticated, and businesses and organizations are facing greater risks from cyber attacks. Having a skill like this will helps you to create your journey securely in the future of machine world.

DevOps

DevOps is a term used to describe a set of practices that combines software development and IT operations to increase an organization’s ability to deliver high-quality software products and services at a faster pace. DevOps aims to break down silos between development and operations teams and foster a culture of collaboration, automation, and continuous improvement.

Software Development

Software development is the process of designing, creating, testing, and maintaining software applications. It is a constantly evolving field that involves a wide range of programming languages, frameworks, and tools. If you’re a student interested in pursuing a career in software development, it’s a best carrier option for this who has interested in to make some software.

Blockchain and Cryptocurrency

Blockchain and cryptocurrency are rapidly growing fields that have gained widespread attention in recent years. Blockchain is a decentralized ledger technology that allows secure and transparent transactions without the need for intermediaries like banks or governments, while cryptocurrency is a digital asset that uses cryptography to secure transactions and control the creation of new units. This is the new technology where mostly companies are looking of this skill.

IOT(Internet Of Things)

The Internet of Things (IoT) refers to the network of physical devices, vehicles, home appliances, and other items embedded with sensors, software, and connectivity that enable them to exchange data and interact with each other. IoT is a rapidly growing field that has the potential to revolutionize the way we live and work.

UX/UI Design

User Experience (UX) and User Interface (UI) Design are two related but distinct fields that involve designing digital products and services that are both aesthetically pleasing and easy to use. UX design focuses on the overall user experience, including factors like user research, information architecture, and interaction design, while UI design focuses on the visual and interactive elements of a product, including layout, typography, and color.

Network Architect

A network architect is a professional responsible for designing and implementing an organization’s network infrastructure. Network architects typically work with a team of network engineers and administrators to design, deploy, and maintain the network infrastructure, ensuring that it is secure, reliable, and scalable.

Conclusion:

I hope this will help you choose the best carrier or skill option for you. If you liked it we have website so please visit and checkout our interesting articles you would like it ;)

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[delvens-blog]

Digital Twin Market Size 2023-2030: ABB, AVEVA Group plc, Dassault Systemes

Digital Twin Market by Power Source (Battery-Powered, hardwired with battery backup, Hardwired without battery backup), Type (Photoelectric Smoke Detectors, Ionization Smoke Detectors), Service, Distribution Channel, and region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America). The global Digital Twin Market size is 11.12 billion USD in 2022 and is projected to reach a CAGR of 60.9% from 2023-2030.

Click Here For a Free Sample + Related Graphs of the Report at: https://www.delvens.com/get-free-sample/digital-twin-market-trends-forecast-till-2030

Digital twin technology has allowed businesses in end-use industries to generate digital equivalents of objects and systems across the product lifecycle. The potential use cases of digital twin technology have expanded rapidly over the years, anchored in the increasing trend of integration with internet-of-things  (IoT) sensors. Coupled with AI and analytics, the capabilities of digital twins are enabling engineers to carry out simulations before a physical product is developed. As a result, digital twins are being deployed by manufacturing companies to shorten time-to-market. Additionally, digital twin technology is also showing its potential in optimizing maintenance costs and timelines, thus has attracted colossal interest among manufacturing stalwarts, notably in discrete manufacturing.

The shift to interconnected environments across industries is driving the demand for digital twin solutions across the world. Massive adoption of IoT is being witnessed, with over 41 billion connected IoT devices expected to be in use by 2030. For the successful implementation and functioning of IoT, increasing the throughput for every part or “thing” is necessary, which is made possible by digital twin technology. Since the behavior and performance of a system over its lifetime depend on its components, the demand for digital twin technology is increasing across the world for system improvement. The emergence of digitalization in manufacturing is driving the global digital twin market. Manufacturing units across the globe are investing in digitalization strategies to increase their operational efficiency, productivity, and accuracy. These digitalization solutions including digital twin are contributing to an increase in manufacturer responsiveness and agility through changing customer demands and market conditions.

On the other hand, there has been a wide implementation of digital technologies like artificial intelligence, IoT, clog, and big data which is increasing across the business units. The market solutions help in the integration of IoT sensors and technologies that help in the virtualization of the physical twin. The connectivity is growing and so are the associated risks like security, data protection, and regulations, alongside compliance.

During the COVID-19 pandemic, the use of digital twin technologies to manage industrial and manufacturing assets increased significantly across production facilities to mitigate the risks associated with the outbreak. Amid the lockdown, the U.S. implemented a National Digital Twin Program, which was expected to leverage the digital twin blueprint of major cities of the U.S. to improve smart city infrastructure and service delivery. The COVID-19 pandemic positively impacted the digital twin market demand for twin technology.

Delvens Industry Expert’s Standpoint

The use of solutions like digital twins is predicted to be fueled by the rapid uptake of 3D printing technology, rising demand for digital twins in the healthcare and pharmaceutical sectors, and the growing tendency for IoT solution adoption across multiple industries. With pre-analysis of the actual product, while it is still in the creation stage, digital twins technology helps to improve physical product design across the full product lifetime. Technology like digital twins can be of huge help to doctors and surgeons in the near future and hence, the market is expected to grow.

Market Portfolio

Key Findings

The enterprise segment is further segmented into Large Enterprises and Small & Medium Enterprises. Small & Medium Enterprises are expected to dominate the market during the forecast period. It is further expected to grow at the highest CAGR from 2023 to 2030.

The industry segment is further segmented into Automotive & Transportation, Energy & Utilities, Infrastructure, Healthcare, Aerospace, Oil & Gas, Telecommunications, Agriculture, Retail, and Other Industries. The automotive & transportation industry is expected to account for the largest share of the digital twin market during the forecast period. The growth can be attributed to the increasing usage of digital twins for designing, simulation, MRO (maintenance, repair, and overhaul), production, and after-service.  

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is expected to hold the largest share of the digital twin market throughout the forecast period. North America is a major hub for technological innovations and an early adopter of digital twins and related technologies.  

During the COVID-19 pandemic, the use of digital twin technologies to manage industrial and manufacturing assets increased significantly across production facilities to mitigate the risks associated with the outbreak. Amid the lockdown, the U.S. implemented a National Digital Twin Program, which was expected to leverage the digital twin blueprint of major cities of the U.S. to improve smart city infrastructure and service delivery. The COVID-19 pandemic positively impacted the digital twin market demand for twin technology.  

Regional Analysis

North America to Dominate the Market

North America is expected to hold the largest share of the digital twin market throughout the forecast period. North America is a major hub for technological innovations and an early adopter of digital twins and related technologies.  

North America has an established ecosystem for digital twin practices and the presence of large automotive & transportation, aerospace, chemical, energy & utilities, and food & beverage companies in the US. These industries are replacing legacy systems with advanced solutions to improve performance efficiency and reduce overall operational costs, resulting in the growth of the digital twin technology market in this region.

Competitive Landscape

ABB

AVEVA Group plc

Dassault Systemes

General Electric

Hexagon AB

IBM Corporation

SAP

Microsoft

Siemens

ANSYS

PTC

IBM

Recent Developments

In April 2022, GE Research (US) and GE Renewable Energy (France), subsidiaries of GE, collaborated and developed a cutting-edge artificial intelligence (AI)/machine learning (ML) technology that has the potential to save the worldwide wind industry billions of dollars in logistical expenses over the next decade. GE’s AI/ML tool uses a digital twin of the wind turbine logistics process to accurately predict and streamline logistics costs. Based on the current industry growth forecasts, AI/ML might enable a 10% decrease in logistics costs, representing a global cost saving to the wind sector of up to USD 2.6 billion annually by 2030.  

In March 2022, Microsoft announced a strategic partnership with Newcrest. The mining business of Newcrest would adopt Azure as its preferred cloud provider globally, as well as work on digital twins and a sustainability data model. Both organizations are working together on projects, including the use of digital twins to improve operational performance and developing a high-impact sustainability data model.

Reasons to Acquire

Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors  

Gain authentic and granular data access for Digital Twin Market so as to understand the trends and the factors involved in changing market situations  

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future  

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Direct Purchase of Digital Twin Market Research Report at: https://www.delvens.com/checkout/digital-twin-market-trends-forecast-till-2030

Report Scope

Report FeatureDescriptionsGrowth RateCAGR of 60.9% during the forecasting period, 2023-2030Historical Data2019-2021Forecast Years2023-2030Base Year2022Units ConsideredRevenue in USD million and CAGR from 2023 to 2030Report Segmentationenterprise, platform, application, and region.Report AttributeMarket Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company ProfilingRegional Level ScopeNorth America, Europe, Asia-Pacific, South America, and Middle East, and AfricaCountry Level ScopeU.S., Japan, Germany, U.K., China, India, Brazil, UAE, and South Africa (50+ Countries Across the Globe)Companies ProfiledABB; AVEVA Group plc; Dassault Systems; General Electric; Hexagon AB; IBM Corp.; SAP.Available CustomizationIn addition to the market data for Digital Twin Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

TABLE OF CONTENTS

Large Enterprises

Small & Medium Enterprises            

Product Design & Development

Predictive Maintenance

Business Optimization

Performance Monitoring

Inventory Management

Other Applications

Automotive & Transportation

Energy & Utilities

Infrastructure

Healthcare

Aerospace

Oil & Gas

Telecommunications

Agriculture

Retail

Other Industries.

Asia Pacific

North America

Europe

South America

Middle East & Africa

ABB

AVEVA Group plc

Dassault Systemes

General Electric

Hexagon AB

IBM Corporation

SAP

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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[strangemusictriumph]

Massive IOT (mIOT) Market - Forecast (2022 - 2027)

The market for Massive IoT is forecast to reach $121.4 billion by 2026, growing at a CAGR of 7.1% from 2021 to 2026. The Massive IoT Market is estimated to witness substantial growth over the forecast period primarily due to the growing demand for large scale Automation and machine intelligence. The rising adoption of IoT technology across various industry verticals such as manufacturing, automotive, and healthcare, is driving the market’s growth for bandwidth sensor technologies. With the traditional manufacturing sector amid a digital transformation, the IoT is triggering the next industrial revolution of intelligent connectivity and communication protocols. With the development of wireless networking technologies, especially low power networks, and the emergence of advanced data analytics, a reduction in the cost of connected devices adn indoor asset tracking, are some of the major factors driving the market. The adoption of cloud computing and cloud platform is another factor boosting the market growth during the forecast period 2021-2026.

Report Coverage

The report: “Massive IOT Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Massive IOT Market.

By Platform – Device Management, Application Management, Network Management, Cloud Platform and Others.

By Connectivity – Wireless, Field.

By Component – Hardware (Transmitters, Memory, Processors,Other), Software, Services.

By End User – Manufacturing, Transportation, Healthcare, Retail, Energy and Utilities, Residential, Other.

By Geography - North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, South Korea, and Others), and RoW (Middle east and Africa).

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Key Takeaways

The Massive IoT Market is estimated to witness substantial growth over the forecast period primarily due to the growing demand for large scale Automation. The rising adoption of IoT technology across various industry verticals, such as manufacturing, automotive, and healthcare, is driving the market’s growth.

North America is holding a strong grip in the market, due to the growing role of IoT among the significant revenue-generating end-user industries of the region, driven by the deployment of connected cars, smart facilities, smart energy projects, home automation, and a focus on smart manufacturing.

The current and future IoT applications with respect to their requirements and then identify the feasible connectivity technologies for each application category. Massive IoT has played a major role across a variety of verticals by generating new revenue streams and other benefits, such as improved quality.

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Massive IoT Market Segment Analysis - By Platform

The Industrial Internet of Things is the biggest and most important part of the Internet of Things now but consumer applications will catch up from a spending perspective. The growing demand of industrial automation and the penetration of industry 4.0 has boosted the Massive IoT market. The device management of the massive IoT has the largest market growth in the market, as the industrial automation includes mainly device management and machine to machine communication. For instance in March 2020 Cisco and Microsoft announced a partnership for seamless data communication between Cisco IoT and Microsoft Azure IoT cloud.

Massive IoT Market Segment Analysis - By End User

The current and future IoT applications with respect to their requirements and then identify the feasible connectivity technologies for each application category. Massive IoT has played a major role across a variety of verticals by generating new revenue streams and other benefits, such as improved quality. The transportation market is also growing rapidly with the penetration of Massive IoT and the market has already invested $78 billion, just as is the case for the IoT manufacturing market. The main use case in transportation is freight monitoring, remaining a key driver in the market during the forecast period of 2021-2026.

Massive IoT Market Segment Analysis – By Geography

North America is holding a strong grip in the market with 37% share in 2020, due to the growing role of IoT among the significant revenue-generating end-user industries of the region, driven by the deployment of connected cars, smart facilities, smart energy projects, home automation, and a focus on smart manufacturing. The rapid implementation of the digital era across industry verticals and technological advancements have further boosted the growth of IoT in this region. The Massive internet of things (MIoT) market is highly competitive to the presence of many large and small enterprises in the market operating in the domestic as well as in the international market. APAC is an industrial hub of many verticals that makes it the fastest-growing.

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Massive IoT Market Drivers

Technological Advancement

Industry 4.0 and Massive-IoT are at the centre of new technological approaches for the development, production, and management of the entire logistics chain, otherwise known as smart factory automation. The massive change in manufacturing due to industry 4.0 and the implementation of IoT requires enterprises to adopt the smarter way to advance production with technologies that reduce industrial accidents caused by a process failure. This is changing the way industries approach the machines to improve efficiency and reduce downtime. This development in connectivity will lead to a larger base of individuals interested in purchasing IoT devices. The boost in the development of high-speed wireless network technology and the number of devices enabled with this technology are increasing rapidly with the penetration of MIoT. These changes in the industry vertical will be driving the market during the forecast period of 2021-2026.

Technology-enabled solutions to the healthcare organizations

During this Covid-19 pandemic, the vendors are taking this as an opportunity by offering emerging technology-enabled solutions to healthcare organizations. For instance, during the early stage of Covid 19 when the virus was infecting people of Shanghai the Shanghai Public Health Clinical Centre (SPHCC) has utilized the California-based connected health start-up Viva LNK’s continuous temperature measuring device to monitor COVID-19 patients, which reduces the risks of doctors and the nurses being infected by the virus.

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Massive IoT Market Challenges

Security and the Pandemic

Massive IoT has opened serious security breaches that have drawn the attention of top line tech firms and government agencies across the world. The hacking of industrial Instruments, drug infusion pumps, cameras, and even assault rifles are signifying a security nightmare being caused by the future of IoT. Due to the recent outbreak of Covid-19 IOT investment and deployments have certainly slowed down. However, with major disruptions in global healthcare and supply chains, governments, hospitals, and logistics providers are heading to react quickly for a more connected world that could help better address the current crisis and mitigate future ones. The Covid 19 has done major damage to the Massive IoT market by shutting down the industries and ruining the economy. These factors will be restraining the market during the forecast period.

Massive IoT Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Massive IOT market. The Massive IOT market is dominated by major companies such Vates (US), Science Soft (US), HQ Software (Estonia)CISCO (US), Huawei (China), Bosch (Germany), SAP (Germany).

Acquisitions/Technology Launches/Partnerships

In March 2020, Microsoft & Cisco Systems announced a partnership to enable seamless data orchestration from Cisco IOT Edge to Azure IOT Cloud. This partnership will be providing the customers a pre-integrated IOT edge-to-cloud application solution.

In January 2020, IBM Corporation announced a collaboration with Sund & Bælt, which owns and operates some of the largest infrastructures in the world, to assist in IBM's development of an AI-powered IOT solution designed to help prolong the lifespan of aging bridges, tunnels, highways, and railways.

For more Electronics related reports, please click here

[carriesthewind]

This video pisses me the fuck off whenever I see it, and today I'm not in the mood to just scroll past.

Wow! Am I being lead to panic by scaremongering algorithm fodder completely unsupported by real evidence?! test:

The reason you think something exists is just what you're being told by a nefarious *them*, there is actually a conspiracy behind it!

I, an ordinary person with no expertise who critically examines the world around me, have uncovered this conspiracy.

"That's what they're telling you." (put the emphasis wherever appropriate for the conspiracy of your choice - in this case, it's on *telling*)

This new tech thing is actually a bad idea and the old school method was better - which clearly proves there must be a secret conspiracy, because why allow the possibility of incompetence and investor tech-hype when you can instead assume a highly-competent evil conspiracy?

I will now tell you my conspiracy theory while scrolling rapidly through a document without pausing or allowing you to actually read any of it. This allows me to look like I have proven my claims while doing nothing of the sort. Because do you really think someone could do that? Quickly flash a document on screen and just lie about what it says?

But Owl! This is real! A user upthread found the patent and it *does* prove it!

Yeah. I read the linked patent. Did you?

Let's quote the "real purpose" hidden in the patent, as claimed out in the video:

"The real purpose of these screens is to use the little camera at the top right here to scan your face and use AI facial expression analysis to judge whether or not you like the packaging designs of the product you're looking for."

This is complete made up horseshit.

First, let's look where the reblogger directs us, to column #4 on page 17:

"Preferably, each retail product container further comprises customer-detecting hardware, such as one or more proximity sensors (such as heat maps) , cameras, facial sensors or scanners, and eye-sensors (i.e., iris-tracking sensors). Assuming cameras are employed, preferably cameras are mounted on doors of the retail product containers. Preferably, the cameras have a depth of field of view of twenty feet or more, and have a range of field of view of 170 degrees with preferably 150 degree of facial recognition ability. Preferably, software is employed in association with the cameras to monitor shopper interactions, serve up relevant advertisement content on the displays, and track advertisement engagement in - store." (emphasis added and references to figures removed for readability)

That is the extent of the "nonconsensual data collection."

Now, to be fair, there is some stuff on page 18 and 19 which kinda-sorta-maybe has at least some relation to the claim in the video:

"Preferably, the controller/data collector is configured such that as a shopper stands or lingers in front of a given retail product container, the display associated with the retail product container changes yet again. At this point, preferably the controller/data collector has been able to use the customer-detecting hardware to effectively learn more about that particular customer, such as gender, age, mood, etc. The controller / data collector is configured to take what has been detected about the customer to determine which advertisement and other information to present to that particular customer on the display associated with the retail product container in front of which the customer is standing. By tracking shopper data in parallel with which advertising content is being served on all displays within the viewing range of the shopper, the retailer and the brands are better served, providing new analytics. As such, the system provides advertising, influence opportunities at the moment of purchasing decision, optimizing marketing spend and generating new revenue streams....

"Additionally, preferably all inputs collected by the IOT devices will be analyzed locally as well as remotely (via cloud) to provide the feedback inputs for the system to push more relevant/targeted content, tailored for the consumer. The analytics are preferably conducted anonymously, images captured by cameras are preferably processed to collect statistics on consumer demographic characteristics: (such as age and gender). This data is preferably subsequently analyzed for additional statistics for the retailers that are valuable for in-store merchandise layout design and smart merchandizing, including the ability to track the shoppers “traffic” areas, known as “heat maps”, areas were [sic] customers would concentrate more and spend more time exploring, etc." (emphasis added and references to figures removed for readability) (And note the repeated emphasis on preferably - they don't have a patent to do any of this.)

Which, like, not great! I fucking hate the idea of shit like this! But there is literally nothing here about monitoring your expressions to sell the data about how you react to packaging!

This isn't a nefarious plan hidden in the patent. It's tech bros adding on totally sick ideas about how they can sell this shit to walgreens. (Because to be clear, I'm sure walgreens's corporate office would love to collect and sell this kind of information. But just because they would, doesn't mean they can or are. And this patent sure as hell doesn't prove it.)

Because let me be clear: the image capture of consumers is so irrelevant to the product that it literally isn't even included in the claims section of the patent.

Because the patent is quite explicit and detailed about the idea they are selling big retails stores on - this is a better, new, innovative, tech-driven way to "provide an innovative advertising solution"! (The words "AI," "intelligent," and "machine learning" are deployed liberally, but in the same way that "blockchain" was a few years ago. It's advertising tech hype.)

I want to make it clear - the OP in the video is straight up lying to you. Whether for fun or profit or just attention, I don't know and I don't care. If you shared this, you probably should have know better, but everyone makes mistakes. OP, on the other hand, is just a fucking liar.

But Owl! What about "the senators looking into this"?

I don't know how to tell you this, but thing linked about is a press release by a politician's office. That doesn't mean it's not true, but it's not evidence on it's own. Like, the letter linked in the link included links to sources, but is not itself evidence (ooh, layers of links to actually get to a source, my favorite)(actually my computer wouldn't even goddam open the links to the source, I had to independently search for it).

Anyway, the letter to Kroger linked in the press release by the senators contains a single sentence and a single link relevant to the claim here (linked for your convenience because it sure as hell wasn't for mine). Unfortunately, this article is itself based on a goddam press release (That isn't linked! Again, you're welcome.)

And when we finally get to the underlying fucking source. "In addition to transforming the customer experience and enhancing productivity for associates, the EDGE Shelf will enable Kroger to generate new revenue by selling digital advertising space to consumer packaged goods (CPGs) brands. Using video analytics, personalized offers and advertisements can be presented based on customer demographics." So it's purporting to something *kind of* like the claim in the video, but an entirely different format completely unrelated to the thing the video is scaremongering about.

Now Kroger did actually start using the advertising screens in 2023. And you can believe what you want about the data privacy claims and the claims about not using video, just sensors (which remember is entirely consistent with the patent). But remember: being skeptical of a company's claims is fine and good! It does not mean you have proven they are lying, and it especially does not prove you have claimed they are doing something extremely specific! And most of the articles, and the letter from the senators, are (much more reasonably) concerned about so-called "dynamic" or surge pricing. (Which is not related to the screens.)

Like goddamn. Aren't there enough real problems with surveillance and price-gorging to be concerned about without having to make up fake ones? Hell, why can't we at least be concerned with the real problems with those dumb screens, which is that the a) make shopping harder and b) catch fire?

[vikassagaar]

🚗 Exploring the Growth of the Indian Commercial Telematics Market 📈

The Indian commercial telematics market is rapidly evolving, driven by increasing demand for fleet management, vehicle tracking, and safety solutions. With the adoption of advanced technologies such as GPS tracking, IoT sensors, and AI-powered analytics, businesses across India are optimizing operations and improving efficiency.

📊 Key Market Insights:

The rise of e-commerce and logistics sectors is fueling demand for telematics solutions.

Governments’ focus on road safety and emissions standards is pushing the adoption of telematics.

Fleets are becoming smarter, with real-time data providing actionable insights for cost savings and improved customer service.

🔧 Impact on Industries:

Logistics & Transportation: Real-time monitoring of vehicles ensures timely deliveries and reduced fuel costs.

Fleet Management: Advanced analytics help track driver behavior, reduce maintenance costs, and enhance vehicle lifespan.

Insurance: Usage-based insurance (UBI) models are gaining popularity with telematics data driving policy premiums.

With the expanding use of IoT and AI, the future of commercial telematics in India looks promising, transforming industries and contributing to greater operational efficiency. 🚚📲

[insightfulblogz]

Hospital Furniture Market Analysis, Statistics, Segmentation, and Forecast to 2032

Hospital furniture plays a critical role in enhancing the efficiency and functionality of healthcare facilities. As healthcare environments evolve, the demand for innovative and specialized furniture that prioritizes both patient comfort and staff efficiency has become paramount. Modern hospital furniture includes beds, chairs, tables, and specialized equipment designed to meet the needs of patients, medical professionals, and visitors. The ongoing advancements in material science, ergonomic design, and technology integration have transformed hospital furniture into an essential component of patient care. With an increasing emphasis on infection control, patient mobility, and ease of use, the design and manufacturing of hospital furniture have become more sophisticated, ensuring a higher standard of comfort and functionality in healthcare facilities.

The Hospital Furniture Market was estimated at USD 9.14 billion in 2022 and is anticipated to expand at a compound annual growth rate of approx. CAGR of 6.90% for the forecast period of 2023-2030.

Future Scope:

The future of hospital furniture is closely aligned with the advancements in medical technology, patient care practices, and hospital infrastructure. With the rising importance of personalized care and the growing focus on patient-centered healthcare, the future of hospital furniture will focus on creating adaptable, multifunctional, and user-friendly solutions. Integration with smart technology and the Internet of Things (IoT) will be one of the key drivers, allowing healthcare providers to monitor and adjust patient positioning, track furniture hygiene levels, and improve operational efficiency. Furthermore, hospital furniture will be designed with a keen focus on sustainability, utilizing eco-friendly materials and incorporating energy-efficient features. With the demand for healthcare services increasing globally, especially in emerging markets, the expansion of healthcare infrastructure will further drive the need for innovative hospital furniture solutions.

Emerging Trends:

Several emerging trends are shaping the hospital furniture market, reflecting the broader shifts in healthcare. One key trend is the increasing use of ergonomic designs, ensuring that both patients and medical staff experience less strain and discomfort during long hours of use. Hospitals are investing in furniture that promotes better posture, ease of movement, and supports recovery through adjustable and adaptable features. Another significant trend is the integration of smart technologies, with furniture equipped with sensors to monitor patient vital signs, track movements, or adjust settings automatically for improved comfort. The rise of infection control furniture is also notable, with furniture surfaces and fabrics treated with antimicrobial coatings and easy-to-clean designs, particularly in the wake of the COVID-19 pandemic. Sustainability has become a growing concern, prompting the adoption of eco-friendly materials and designs that minimize the environmental impact. Modular and flexible hospital furniture is another emerging trend, allowing healthcare facilities to adjust layouts quickly to meet changing patient needs and medical emergencies.

Applications:

Hospital furniture serves a wide range of applications in both inpatient and outpatient care settings. Beds are perhaps the most essential pieces of hospital furniture, with specialized models for critical care units, maternity wards, and pediatric care. These beds are designed with features such as height adjustment, tilt functions, and position memory to enhance patient comfort and support clinical treatments. Chairs and recliners are also pivotal in patient care, especially in settings such as waiting rooms, recovery areas, or dialysis centers. These are often equipped with features such as adjustable recline settings or orthopedic cushions for comfort during prolonged sittings. Examination tables and surgical tables are tailored for diagnostic purposes, equipped with adjustable features to accommodate a variety of medical procedures. Storage units like cabinets and carts provide essential organization for medical supplies, ensuring that healthcare professionals can access equipment quickly and efficiently during critical moments. Hospital furniture also includes visitor seating and waiting room furniture, designed with aesthetics, comfort, and ease of maintenance in mind, contributing to a welcoming environment.

Key Points:

Increasing demand for ergonomic hospital furniture for patient and staff comfort.

Integration of smart technology for furniture functionality and patient care monitoring.

The rise of infection control furniture with antimicrobial surfaces and easy-to-clean designs.

Growing emphasis on sustainability with eco-friendly materials in furniture manufacturing.

Modular and flexible designs for hospital furniture to accommodate changing patient needs.

Specialized furniture for various medical applications, including beds, examination tables, and recovery chairs.

Investment in multifunctional hospital furniture to enhance operational efficiency and adaptability.

Strong focus on improving patient-centered care through adaptable and comfortable furniture solutions.

Conclusion:

Hospital furniture is no longer just a functional element of healthcare environments but an integral part of enhancing patient care and supporting medical professionals. As the healthcare industry continues to evolve, the future of hospital furniture will see more innovative, adaptable, and sustainable solutions that prioritize both patient comfort and operational efficiency. The growing focus on smart technology, infection control, and ergonomic design is reshaping the landscape of hospital furniture, ensuring that healthcare facilities can provide the highest level of care and comfort. With an increased global demand for healthcare services, hospital furniture will continue to evolve to meet the dynamic needs of patients and healthcare providers alike, offering promising opportunities for manufacturers and healthcare institutions around the world.

Read More Details: https://www.snsinsider.com/reports/hospital-furniture-market-2900 

Contact Us:

Akash Anand — Head of Business Development & Strategy

Email: info@snsinsider.com

Phone: +1–415–230–0044 (US) | +91–7798602273 (IND) 

[latestmarketresearchnews]

Farm Management Software Industry 2030 Outlook, Regions, Size Estimation and Upcoming Trend

The global Farm Management Software (FMS) market was valued at USD 3.30 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030. This significant growth can be attributed to the increasing adoption of cloud computing technologies for real-time farm data management, as well as the growing integration of Information Communication Technology (ICT), particularly technologies like the Internet of Things (IoT) and big data analytics in agriculture. These advancements help address a range of challenges that the agriculture industry faces, such as resource constraints (e.g., water, energy, labor shortages) and social issues (e.g., environmental concerns, animal welfare, and the use of fertilizers) that impact agricultural productivity.

Farm Management Software enables farmers to efficiently manage their operations by streamlining data collection, analysis, and decision-making processes. This approach helps in optimizing the use of resources and improving overall farm productivity. The integration of advanced technologies allows farmers to better monitor crops, manage soil health, and handle environmental challenges, ultimately improving the sustainability of agricultural practices.

The COVID-19 pandemic had a profound impact on the farm management software market. The pandemic led to significant disruptions in supply chains and posed operational challenges for the agriculture industry. In response, there was a marked increase in the demand for digital solutions. Farmers began relying more on digital tools to minimize physical interactions and optimize farm operations remotely. This surge in demand for data analytics and remote monitoring capabilities drove the adoption of farm management software. Moreover, precision agriculture gained momentum, as farmers increasingly relied on GPS-guided equipment, sensors, and other software-integrated tools to enhance resource utilization and improve operational efficiency.

Gather more insights about the market drivers, restrains and growth of the Farm Management Software Market

Regional Insights:

North America Farm Management Software Market Trends

In 2022, North America dominated the global farm management software market, accounting for 33.7% of the revenue share. The region is home to several prominent market players such as AgJunction LLC, Farmers Edge Inc., CropZilla Inc., and Deere & Company, which play key roles in the development and adoption of FMS. The market growth in North America is driven by the region's widespread adoption of precision agriculture practices, efficient resource management, and a strong focus on sustainability. Additionally, the growing emphasis on data-driven decision-making and ongoing advancements in agricultural technologies have bolstered the market's expansion in the region. These factors enable farmers in North America to optimize their operations, enhance productivity, and maintain a competitive edge in the agricultural landscape.

Asia Pacific Farm Management Software Market Trends

The Asia Pacific region is expected to witness the highest CAGR of 16.7% during the forecast period. Countries like China and Japan are at the forefront of this growth, with companies in the region increasingly investing in research and development (R&D) to introduce advanced drones aimed at improving agricultural productivity. Drones, integrated with farm management software, play a crucial role in enhancing productivity by enabling data collection and analysis. These drones, equipped with various sensors, capture valuable data about crop health, soil conditions, and field mapping, which is then processed by farm management software to provide actionable insights. Such advancements help farmers make informed decisions to optimize their operations.

Key market players in the region, such as Yamaha Motor Co., Ltd. (Japan) and DJI (China), are innovating by introducing drones with better sensors and imaging capabilities to enhance the quality of the data collected, thereby improving the efficiency of farm management.

Browse through Grand View Research's Category Next Generation Technologies Industry Research Reports.

The global mobile payment market size was valued at USD 88.50 billion in 2024 and is projected to grow at a CAGR of 38.0% from 2025 to 2030.

The global bank kiosk market size was valued at USD 19.57 billion in 2024 and is expected to grow at a CAGR of 16.1% from 2025 to 2030.

Key Companies & Market Share Insights:

The global Farm Management Software market is highly competitive, with numerous key players driving innovations and adopting strategies like partnerships and collaborations to strengthen their position in the market. One notable example is the partnership between Farmers Edge, Inc. and Google Cloud, announced in January 2021. This collaboration aims to enhance the company’s services by integrating advanced technologies such as artificial intelligence (AI), machine learning, and predictive analytics into its farm management platform. By leveraging these technologies, the company seeks to provide farmers with more accurate data insights, better predictive capabilities, and improved resource management, further driving the adoption of farm management software.

These companies are also focusing on the integration of new technologies like IoT, cloud computing, and data analytics to make farm operations more efficient, automated, and sustainable. As the demand for farm management software continues to grow, the competitive landscape is expected to intensify, with companies vying for market share by continuously innovating and offering advanced, user-friendly solutions.

Key Farm Management Software Companies:

Ag Leader Technology

AgJunction LLC

BouMatic

CropX, Inc.

CropZilla Inc.

DeLaval

DICKEY-john

Deere & Company

Corteva

CNH Industrial

Trimble Inc.

Climate LLC.

Gamaya

GEA Group Aktiengesellschaft

Farmers Edge Inc.

Gronetics

Order a free sample PDF of the Farm Management Software Market Intelligence Study, published by Grand View Research.

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Farm Management Software Market 2030 - In-Depth Analysis on Size, Trends & Prominent Key Players

The global Farm Management Software (FMS) market was valued at USD 3.30 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030. This significant growth can be attributed to the increasing adoption of cloud computing technologies for real-time farm data management, as well as the growing integration of Information Communication Technology (ICT), particularly technologies like the Internet of Things (IoT) and big data analytics in agriculture. These advancements help address a range of challenges that the agriculture industry faces, such as resource constraints (e.g., water, energy, labor shortages) and social issues (e.g., environmental concerns, animal welfare, and the use of fertilizers) that impact agricultural productivity.

Farm Management Software enables farmers to efficiently manage their operations by streamlining data collection, analysis, and decision-making processes. This approach helps in optimizing the use of resources and improving overall farm productivity. The integration of advanced technologies allows farmers to better monitor crops, manage soil health, and handle environmental challenges, ultimately improving the sustainability of agricultural practices.

The COVID-19 pandemic had a profound impact on the farm management software market. The pandemic led to significant disruptions in supply chains and posed operational challenges for the agriculture industry. In response, there was a marked increase in the demand for digital solutions. Farmers began relying more on digital tools to minimize physical interactions and optimize farm operations remotely. This surge in demand for data analytics and remote monitoring capabilities drove the adoption of farm management software. Moreover, precision agriculture gained momentum, as farmers increasingly relied on GPS-guided equipment, sensors, and other software-integrated tools to enhance resource utilization and improve operational efficiency.

Gather more insights about the market drivers, restrains and growth of the Farm Management Software Market

Regional Insights:

North America Farm Management Software Market Trends

In 2022, North America dominated the global farm management software market, accounting for 33.7% of the revenue share. The region is home to several prominent market players such as AgJunction LLC, Farmers Edge Inc., CropZilla Inc., and Deere & Company, which play key roles in the development and adoption of FMS. The market growth in North America is driven by the region's widespread adoption of precision agriculture practices, efficient resource management, and a strong focus on sustainability. Additionally, the growing emphasis on data-driven decision-making and ongoing advancements in agricultural technologies have bolstered the market's expansion in the region. These factors enable farmers in North America to optimize their operations, enhance productivity, and maintain a competitive edge in the agricultural landscape.

Asia Pacific Farm Management Software Market Trends

The Asia Pacific region is expected to witness the highest CAGR of 16.7% during the forecast period. Countries like China and Japan are at the forefront of this growth, with companies in the region increasingly investing in research and development (R&D) to introduce advanced drones aimed at improving agricultural productivity. Drones, integrated with farm management software, play a crucial role in enhancing productivity by enabling data collection and analysis. These drones, equipped with various sensors, capture valuable data about crop health, soil conditions, and field mapping, which is then processed by farm management software to provide actionable insights. Such advancements help farmers make informed decisions to optimize their operations.

Key market players in the region, such as Yamaha Motor Co., Ltd. (Japan) and DJI (China), are innovating by introducing drones with better sensors and imaging capabilities to enhance the quality of the data collected, thereby improving the efficiency of farm management.

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Key Companies & Market Share Insights:

The global Farm Management Software market is highly competitive, with numerous key players driving innovations and adopting strategies like partnerships and collaborations to strengthen their position in the market. One notable example is the partnership between Farmers Edge, Inc. and Google Cloud, announced in January 2021. This collaboration aims to enhance the company’s services by integrating advanced technologies such as artificial intelligence (AI), machine learning, and predictive analytics into its farm management platform. By leveraging these technologies, the company seeks to provide farmers with more accurate data insights, better predictive capabilities, and improved resource management, further driving the adoption of farm management software.

These companies are also focusing on the integration of new technologies like IoT, cloud computing, and data analytics to make farm operations more efficient, automated, and sustainable. As the demand for farm management software continues to grow, the competitive landscape is expected to intensify, with companies vying for market share by continuously innovating and offering advanced, user-friendly solutions.

Key Farm Management Software Companies:

Ag Leader Technology

AgJunction LLC

BouMatic

CropX, Inc.

CropZilla Inc.

DeLaval

DICKEY-john

Deere & Company

Corteva

CNH Industrial

Trimble Inc.

Climate LLC.

Gamaya

GEA Group Aktiengesellschaft

Farmers Edge Inc.

Gronetics

Order a free sample PDF of the Farm Management Software Market Intelligence Study, published by Grand View Research.