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blowhorn39 · 2 years ago

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2023 Wrapped: Here Are Top 10 Logistics Trends That Defined The Year

2023 has been a year of new beginnings for the Indian logistics industry. It is the year logistics companies bounced back from the post-pandemic slump and set out to recover from their losses. The year also witnessed a steady growth in eCommerce, with the spotlight on quick commerce and last mile logistics. The later part of 2023 saw the government extending generous support to digital commerce and logistics, through initiatives like Open Network for Digital Commerce (ONDC) and National Logistics Policy (NLP).

Looking back, we can confidently assert that 2023 has been a good year for India’s logistics sector. From the increased focus on supply chain sustainability to extensive experimentation with drone deliveries, here are the top trends that defined logistics this year.

1. Greener transportation and supply chain

The amount of greenhouse gases generated by India’s transportation sector has nearly tripled since the 1990s, accounting for over 14% of our total energy emissions. The problem is quite severe if we take into account the massive carbon footprint left by India’s booming supply chain.

In 2022, there was a rise in awareness around cleaner and greener logistics practices, with a nudge on electrifying India’s cargo transportation. Logistics and transportation startups unveiled their fleet of electric (EV) and clean energy vehicles. At Blowhorn, we converted 30% of our fleet to clean fuels and took the pledge of running 100% of our fleet on clean energy by 2025.

In addition, other green practices like solar-powered warehousing, eco-friendly packaging and paperless invoicing were also adopted widely.

2. Third party logistics

The concept of third-party logistics (3PL) took off in India only a few years back. In 2022, India’s 3PL market reached a staggering $58.4 Bn in valuation, with a projected annual growth of 7.42%.By 2027, the market is estimated to reach more than $83.53 Bn.

The 3PL market is primarily driven by manufacturing, FMCG, retail and eCommerce sectors — all of which experienced commendable growth this year. Keeping in mind the needs of the modern Indian entrepreneur, 3PL service providers are also improving their operational speed with the incorporation of technology.

In the coming days, development of infrastructures like logistics parks, dedicated freight corridors, free trade warehousing zones, and container freight stations are expected to improve the efficiency of the Indian 3PL market.

3. Higher investment in technology

With higher investment technology seeping into eCommerce, retail, education, hospitality, finance, and all other sectors, why should logistics be left behind? With increasing market demand for superfast delivery, Indian logistics startups invested more on modern technology to boost their operations.

Experts believe that India is headed towards a technological revolution in logistics. Tech like Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) are optimally benefitting the supply chain in terms of seamless management, improved route planning, warehouse automation, digital payments and much more.

At Blowhorn, we are already speeding up our deliveries with AI-powered route optimization software. Our automated warehouse management system helps in seamless handling of stored inventory and order dispatch, while we offer a real-time tracking system for all our orders. We have also adopted novel technologies like geo-fencing to reduce the menace of fake delivery attempts.

4. LaaS (Logistics as a Service)

We are well-acquainted with Software as a Service (SaaS) companies. This year saw the emergence of companies following a similar model in fulfillment, offering Logistics as a Service (LaaS). Ideally, this presents a plug and play model for your business’s logistics needs, which you can avail via a simple integration with your 3PL partner.

Blowhorn has set the ball rolling for LaaS in India, offering end-to-end logistics solutions with warehousing, transportation and hyperlocal delivery.

5. Greater supply chain transparency

With rising consumer concerns, logistics stakeholders worked towards improving supply chain visibility and transparency in 2023. Companies are striving to become more transparent with regards to the sustainability of their supply chains. Globally, 2023 saw more companies offering insights on their labor practices, job creation, sourcing methods and compliance with regulatory requirements — in a bid to enhance their brand image among the conscious modern consumer.

6. Blockchain in last mile logistics

While AI is helping to improve speed and efficiency, blockchain has been deemed as a viable solution for more transparency and visibility in last mile logistics. In India and abroad, companies have started incorporating blockchain to optimize the last mile deliveries. The technology has found best use in high value inventory tracking, secure invoicing and payments, fraud detection, improved supply chain transparency, dispute resolution and creating a fair freight marketplace.

With the launch of Open Network for Digital Commerce (ONDC) by the Indian government, there is hope that we will witness further adoption of blockchain in the digital commerce and logistics space. In fact, ONDC itself is a blockchain-based protocol which aims to create a fair and transparent marketplace for small and medium-sized businesses across India. With Blowhorn being one of the early participants of ONDC, we too are waiting and watching the best use case for blockchain in our fulfillment services in the near future to help our customers.

7. Micro-fulfillment > Traditional Warehousing

2022 saw a rise in demand for same day delivery, which is quite difficult to fulfill if your inventory is stocked in a warehouse far away from the customer's location. The longer the delivery distance, the more the delivery time — a simple thumb rule to keep in mind.

This is why top in 2023 opted for micro ecommerce-fulfillment centers or micro-warehouses. The concept of micro-warehousing follows a just-in-time inventory management approach, with goods never staying here for more than a day. The limited inventory is stocked in a network of collocated storehouses at high-demand pincodes. Not only does the process help in reducing a brand’s capital spend on inventory, but it also improves efficiency and decreases resource wastage.

Much before the pandemic, we launched India’s first micro-warehouses or micro-fulfillment centers as an experiment in 2018. Now we maintain an expansive network of micro-warehouses across 28 cities of India. Read this article to find out why more eCommerce startups are choosing micro-fulfillment in 2023-24.

8. Automation in shipping

When it comes to automation in shipping, the process works on a predefined pathway involving packaging, warehousing, material handling and security. In India, the adoption of automation in logistics and shipping has been steadily increasing since the pandemic.

In 2023, 3PL fulfillment companies like Blowhorn incorporated automated solutions to boost efficiency by** reducing overhead costs** and time, streamlining the supply chain and minimizing the chances of manual errors.

9. Extensive focus on hyperlocal logistics

2023 saw a high growth in the hyperlocal space with the emergence of newer players in the quick commerce sector. Meanwhile, eCommerce giants and existing logistics players focused more on faster deliveries to not miss out on their customer needs.

Improved internet penetration led to the growth of fast fulfillment in suburbs and rural belts, thus creating a need for hyperlocal elements like dark stores, micro-ecommerce fulfillment centers along with local delivery jobs.

At Blowhorn, we have developed a platform-agnostic technology to be able to integrate with a wide range of businesses ranging from D2C, marketplaces and omni channel players. Our hyperlocal strategy is defined by AI-based dynamic route planning, real-time order clubbing, automated warehousing, blockchain and even drone deliveries. We are aiming to build a sustainable hyperlocal delivery system to tackle small profit margins, high overhead costs and ever-evolving consumer expectations.

10. Experimentation with Drone Deliveries

Delivery by drones is not new. The idea has been widely explored by logistics providers across India but is yet to be adopted at scale. The idea of mapping a three-dimensional delivery route via drones holds immense potential and has excited the Indian government authorities as well. Jyotiraditya Scindia, the Union Minister for Civil Aviation, has stated the administration’s objective to turn India into a major drone hub by 2030.

Leading logistics players like Blowhorn and others are already chalking out the blueprint to make drone delivery an everyday reality. Gartner predicts that by 2026, more than one million drones will be carrying out retail deliveries, up from 20,000 today. Last year, the Indian government also released the draft of The Drone Rules, 2021, aiming to liberalize drone delivery while fulfilling the safety regulations. Autonomous last-mile delivery via these mini flying machines will significantly determine the growth trajectory of Indian logistics in the upcoming future.

#blow horn #rent monthly #ecommerce #ecommerce fulfillment companies

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rohitpalan · 9 hours ago

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Metrology Software Market Set to Double in Value by 2033, Growing at 7.3% CAGR

The global Metrology Software Market reached an impressive valuation of approximately $921.3 million in 2022, as per a report by Future Market Insights (FMI). The market is poised for significant growth, with sales projected to exceed the $1,976.1 million mark by 2033, marking a substantial compound annual growth rate (CAGR) of approximately 7.3% from 2023 to 2033.

“A significant growth with increasing demand for budget-friendly yet efficient management solutions in the healthcare and ship building sector will be noticed to automatize the orders based on the percentage of usage, quality and services,” says the FMI Analyst.

Metrology Software – Important Highlights

Metrology software market will hit a CAGR of 6.2% through 2017-2027.

North America is the most lucrative region of this market, reason being advanced equipment and rising awareness of healthcare devices.

There has been an increase in demand and supply for portable measuring devices, this data is only going to rise in the future.

Automotive segment has gained significant momentum among industry verticals and will present a Y-o-Y growth.

Metrology Software – Driving Factors

Rising demands for metrology software in ship building and healthcare verticals to maintain accuracy and consistency, dominates the market scenario.

Engineering and automotive segment will witness opportunities due to need for precise scales, 3D data analysis, and roughness measurements etc.

Adoption of services into development opportunities in industrial, automotive and electronics sector is propelling growth.

Engineering precision tools manufactured in North America requires a great deal of metrology software and demand is high in this region.

Metrology Software – Key Restraints

Budget management is a challenge because high-quality software is usually not affordable.

Adopting metrology software in ship building is a major challenge and it might hinder growth.

Anticipated Market Impact by Coronavirus Outbreak

It’s crystal clear that the pandemic has taken a toll on the market system. Social distancing measures and strict lockdowns have adversely affected the productions and disrupted operations of the end-use companies across the universe. Though the healthcare industry is experiencing an increasing demand for metrology software yet automation and product/service development work is at halt due to lockdown. This has definitely accounted for a decline in revenue of the metrology software. Though the market will experience comfort as the lockdown releases yet the losses can continue to hamper production.

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights

Competition Landscape

Key players in the market include Rudolph Technologies Inc., FARO Technologies Inc. etc. The companies are focussing on investment plans to improve the development of new products with better features. Apart from unique innovations, leaders are also working on acquisition of regional companies to strengthen global presence.

Taking into consideration, key companies are planning to expand the portfolio of portable measuring devices. New players might find it difficult to make decisions due to limited resources but they can witness steady growth.

Read More@https://www.futuremarketinsights.com/reports/metrology-software-market

#Metrology Software Market

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industrynewsupdates · 2 days ago

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Understanding Artificial Intelligence Market: Trends and Growth Drivers

The global artificial intelligence market size is expected to reach USD 1,811.75 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 36.6% from 2024 to 2030. Artificial Intelligence (AI) denotes the concept and development of computing systems capable of performing tasks customarily requiring human assistance, such as decision-making, speech recognition, visual perception, and language translation. AI uses algorithms to understand human speech, visually recognize objects, and process information. These algorithms are used for data processing, calculation, and automated reasoning. Artificial intelligence researchers continuously improve algorithms for various aspects, as conventional algorithms have drawbacks regarding accuracy and efficiency.

These advancements have led manufacturers and technology developers to focus on developing standard algorithms. Recently, several developments have been carried out for enhancing artificial intelligence algorithms. For instance, in May 2020, International Business Machines Corporation announced a wide range of new AI-powered services and capabilities, namely IBM Watson AIOps, for enterprise automation. These services are designed to help automate the IT infrastructures and make them more resilient and cost reduction.

Gather more insights about the market drivers, restrains and growth of the Artificial Intelligence Market

Artificial Intelligence Market Report Highlights

• The advent of big data is expected to be the cause of the growth of the AI market as a large volume of data is needed to be captured, stored, and analyzed.

• The increasing demand for image processing and identification is expected to drive industry growth.

• AI can analyze vast amounts of data to identify patterns and anomalies that might indicate a cyberattack. This allows for faster and more precise threat detection subsequently fostering adoption of AI in cybersecurity applications.

• By using AI for predictive maintenance, process automation, and supply chain optimization, businesses can streamline workflows, reduce costs, and ensure smooth delivery of their offerings.

• North America dominated the market and accounted for a share of over 36.8% of global revenue in 2022.

• One of the significant concerns restraining industry growth is the need for a large amount of data to train AI systems for character and image recognition.

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

• The global cloud logistics market size was estimated at USD 21.55 billion in 2024 and is projected to grow at a CAGR of 13.9% from 2025 to 2030.

• The global AI in education market size was estimated at USD 5.88 billion in 2024 and is projected to grow at a CAGR of 31.2% from 2025 to 2030.

Artificial Intelligence Market Segmentation

Grand View Research has segmented the global artificial intelligence market based on solution, technology, function, end-use, and region:

Artificial Intelligence Solution Outlook (Revenue, USD Billion, 2017 - 2030)

• Hardware

o Accelerators

o Processors

o Memory

o Network

• Software

• Services

o Professional

o Managed

Artificial Intelligence Technology Outlook (Revenue, USD Billion, 2017 - 2030)

• Deep Learning

• Machine Learning

• Natural Language Processing (NLP)

• Machine Vision

• Generative AI

Artificial Intelligence Function Outlook (Revenue, USD Billion, 2017 - 2030)

• Cybersecurity

• Finance and Accounting

• Human Resource Management

• Legal and Compliance

• Operations

• Sales and Marketing

• Supply Chain Management

Artificial Intelligence End-use Outlook (Revenue, USD Billion, 2017 - 2030)

• Healthcare

o Robot Assisted Surgery

o Virtual Nursing Assistants

o Hospital Workflow Management

o Dosage Error Reduction

o Clinical Trial Participant Identifier

o Preliminary Diagnosis

o Automated Image Diagnosis

• BFSI

o Risk Assessment

o Financial Analysis/Research

o Investment/Portfolio Management

o Others

• Law

• Retail

• Advertising & Media

• Automotive & Transportation

• Agriculture

• Manufacturing

• Others

Artificial Intelligence Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

• Asia Pacific

o China

o Japan

o India

o South Korea

o Australia

• Latin America

o Brazil

o Mexico

• Middle East and Africa (MEA)

o KSA

o UAE

o South Africa

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

#Artificial Intelligence Market #Artificial Intelligence Market Analysis #Artificial Intelligence Market Size #Artificial Intelligence Market Share

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global-research-report · 6 days ago

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MFA Adoption Trends in 2024: What’s Driving the Surge in Usage?

Multi-Factor Authentication Industry Overview

The global multi-factor authentication market size is expected to reach USD 41.29 billion by 2030, registering a CAGR of 14.2% during the forecast period, according to a new report by Grand View Research, Inc. Increasing implementation of BYOD and cloud-based services across enterprises, along with the growing security regulations and mandates, is benefiting market growth.

Multi-factor authentication is an emerging category of the identity access management that involves use of multiple methods of authentication to verify a user’s identity. Authentication of user identity ensures secure online transactions, log on to online services, and access to corporate resources. Compromised credentials are the main cause of data breaches. Multi-factor authentication is used by organizations to implement an additional layer of security that requires users to authenticate via knowledge, possession, and inherence factors to gain access to corporate and social networks.

Gather more insights about the market drivers, restrains and growth of the Multi-Factor Authentication Market

Advancements in biometric technologies, hardware and software applications, and cloud-based authentication services are projected to provide extensive growth opportunities to the market. However, issues related to cost and complexity involved in implementing MFA solutions and the ever-changing security regulations and compliances are expected to restrain market growth.

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

The global people counting system market size was estimated at USD 1.26 billion in 2024 and is anticipated to grow at a CAGR of 13.7% from 2025 to 2030.

The global call center AI market size was valued at USD 2.00 billion in 2024 and is projected to grow at a CAGR of 23.8% from 2025 to 2030.

Multi-factor Authentication Market Segmentation

Grand View Research has segmented the global multi-factor authentication market based on model, application, and region:

Multi-factor Authentication Model Outlook (Revenue, USD Million, 2017 - 2030)

Two Factor Authentication

Three Factor Authentication

Four Factor Authentication

Five Factor Authentication

Multi-factor Authentication Application Outlook (Revenue, USD Million, 2017 - 2030)

BFSI

Government & Defense

Healthcare

Travel & Immigration

Retail & E-commerce

Others

Multi-factor Authentication Regional Outlook (Revenue, USD Million, 2017 - 2030)

North America

Canada

Europe

Germany

France

Asia Pacific

China

Japan

India

Australia

South Korea

Latin America

Brazil

Mexico

Middle East and Africa

Saudi Arabia

South Africa

UAE

Key Companies profiled:

Vasco Data Security International, Inc.

RSA Security LLC

Fujitsu America, Inc.

NEC Corporation

Symantec Corporation

Thales

aPersona, Inc.

CA Technologies.

Safran S.A.

Recent Developments

In April 2023, Thales, a leading global technology and security solutions provider, unveiled the SafeNet Token Fusion series. This innovative collection of USB tokens combines Fast IDentity Online 2.0 (FIDO2) with PKI/CBA, creating a single authenticator. The primary objective of Thales's new tokens was to safeguard Microsoft Azure Active Directory (Azure AD) users by mitigating the risk of account compromise by delivering enhanced security for accessing cloud and web applications.

In April 2022, Trust Stamp unveiled a Biometric Multi-Factor Authentication (Biometric MFA) solution. This innovative system revolutionizes identity verification by automating a strong level of assurance through a simple selfie. By leveraging biometric technology, the Biometric MFA adds two additional layers of authentication to verify the user's liveliness and secure tokenizing data from the selfie.

In March 2022, MIRACL, a cybersecurity software firm and Aware Inc., an authentication company, announced a strategic partnership to continue their cloud-based biometric authentication technology. The collaboration aims to address common challenges in business authentication by leveraging MIRACL's single-step, secure multi-factor authentication technology and Aware's recognized expertise in biometrics.

In May 2021, Microsoft announced the launch of new products, guidance, and employee plans to enhance security and provide enhanced customer support. Additionally, Microsoft revealed its commitment to adopting a zero-trust approach, ensuring that its employees embrace this security framework.

In April 2021, HID Global made its WorkforceID Authentication solution available to the public, offering enterprises a cloud-based platform for issuing, managing, and utilizing digital identity credentials for physical and logical access control. This solution enables organizations to streamline and enhance the security of user logins across all applications within their enterprise environment.

In July 2020, Ping Identity announced a collaboration with One Identity, a leading provider of security solutions centered around identity. This partnership aimed to deliver comprehensive identity management strategies and enhance access security and control. Both companies offered a powerful solution that covers consumers' end-to-end identity management needs by combining the capabilities of Ping Identity's access management technology with One Identity's Identity Governance and Administration (IGA) technology.

Order a free sample PDF of the Multi-Factor Authentication Market Intelligence Study, published by Grand View Research.

#Multi-Factor Authentication Market

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jayanthitbrc · 7 days ago

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On-Grid Solar PV Market Forecast: Innovations Shaping Market Growth and Demand

The on-grid solar pv global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

On-Grid Solar PV Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The on-grid solar PV market size has grown strongly in recent years. It will grow from $160.26 billion in 2023 to $170.56 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to energy security and independence, electricity demand growth, public awareness and acceptance, environmental awareness and climate change concerns, financial institutions and funding.

The on-grid solar PV market size is expected to see strong growth in the next few years. It will grow to $208.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to advancements in energy storage technologies, digitalization and IoT, decentralization of energy systems, hybrid renewable energy systems, electric vehicle (EV) integration. Major trends in the forecast period include increased capacity and scale, innovative materials and design, flexible and transparent financing models, advancements in energy storage technologies, smart grid integration.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/on-grid-solar-pv-global-market-report

Scope Of On-Grid Solar PV Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

On-Grid Solar PV Market Overview

Market Drivers - The rising demand for renewable energy is expected to propel the growth of the on-grid solar PV market going forward. Renewable energy refers to sustainable and environmentally friendly sources of power, such as solar, wind, hydro, and geothermal, that are naturally replenished. The increasing public awareness towards environmental issues and a growing desire for sustainable living contribute to the demand for on-grid solar PV systems. It plays a significant role in the production of renewable energy by producing power using solar panels and supplying it straight to the grid. This helps in reducing the vulnerability of the grid to centralized disruptions, improving overall grid reliability. For instance, in January 2024, according to the International Energy Agency, a France-based government agency, renewable electricity capacity additions reached an estimated 507 GW in 2023, almost 50% higher than in 2022, with solar PV and wind accounting for a record 96% of it. Therefore, the rising demand for renewable energy is driving the growth of the on-grid solar PV market.

Market Trends - Major companies operating in the on-grid solar PV market are developing innovative products with advanced technologies, such as on-grid PV (photovoltaic) inverters, to drive their revenues in the market. An on-grid PV inverter is an essential part of a solar energy system that transforms a photovoltaic solar array's variable direct current (DC) output into alternating current (AC) electricity that may be supplied straight into the electrical grid. For instance, in June 2022, V-Guard Industries Ltd., an India-based electricals and home appliances manufacturer, launched Solsmart solar rooftop power system, which consists of On-Grid solar power inverters designed for residential and commercial applications. The Solsmart On-Grid Inverter has an efficiency of 98.4%, making it a cost-effective alternative for users aiming to reduce electricity bills. It has integrated DC switches that offer additional safety benefits, ensuring safer installation and operation. The Solsmart On-Grid solar inverter can perform within an ambient temperature range of -25°C and 60°C.

The on-grid solar PV market covered in this report is segmented –

1) By Technology: Monocrystalline Silicon, Thin Film, Polycrystalline Silicon, Other Technologies 2) By Installation: Ground Mounted, Rooftop, Other Installations 3) By Application: Residential, Non-Residential, Utilities

Get an inside scoop of the on-grid solar pv market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14148&type=smp

Regional Insights - Asia-Pacific was the largest region in the on-grid solar PV market in 2023. The regions covered in the on-grid solar pv market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the on-grid solar PV market are Huawei Technologies Co. Ltd., L&T Electrical & Automation Ltd., Siemens AG, Schneider Electric SE, ABB Ltd., JA SOLAR Technology Co. Ltd., LONGi Green Energy Technology Co. Ltd., Delta Electronics Inc., Trina Solar Limited, JinkoSolar Holding Co. Ltd., Canadian Solar Inc., Omron Corporation, Chint Group Corp., Sungrow Power Supply Co. Ltd., Risen Energy Co. Ltd., SolarEdge Technologies Inc., First Solar Inc., Havells India Ltd., SunPower Corp., SMA Solar Technology AG, GoodWe (Jiangsu) Power Supply Technology Co. Ltd., Enphase Energy Inc., Ginlong (Solis) Technologies, Motech Industries Inc., Indosolar Ltd., Loom Solar Pvt. Ltd., FIMER S.p.A., GCL System Integration Technology Co. Ltd.

Table of Contents 1. Executive Summary 2. On-Grid Solar PV Market Report Structure 3. On-Grid Solar PV Market Trends And Strategies 4. On-Grid Solar PV Market – Macro Economic Scenario 5. On-Grid Solar PV Market Size And Growth ….. 27. On-Grid Solar PV Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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amrutatbrc1 · 8 days ago

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Distributed Solar Power Generation Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies

The distributed solar power generation global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Distributed Solar Power Generation Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The distributed solar power generation market size has grown strongly in recent years. It will grow from $109.92 billion in 2023 to $119.36 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to government incentives and policies, environmental awareness, grid resilience and decentralization, reduced installation costs, energy independence.

The distributed solar power generation market size is expected to see rapid growth in the next few years. It will grow to $182.73 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to advancements in energy storage, smart grid integration, rising energy demand, global climate agreements. Major trends in the forecast period include technological advancements, innovative financing models, increased focus on energy equity, digitalization and IoT integration, hybrid renewable energy systems.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/distributed-solar-power-generation-global-market-report

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The increasing demand for electricity and consumption is driving the growth of the distributed solar power generation market during the forecast period. Urbanization, industrialization, technological advancements, and changes in lifestyle habits are driving the need for electricity and its consumption. Distributed solar power generation reduces overall electricity demand from the grid by generating power on-site, offsetting the need for grid electricity during sunlight and alleviating strain on utility infrastructure. For instance, in June 2023, according to a report published by the Energy Institute (EI), a UK-based professional membership body for the energy sector, total global electricity generation experienced a 2.3% increase during 2022. Further, primary energy consumption in non-OECD (The Organization for Economic Co-operation and Development) countries surged by 20.5 EJ from pre-COVID levels, largely due to China's growth of 14.6 EJ, accounting for 72% of the rise. Therefore, the increasing demand for electricity is expected to propel the growth of the distributed solar power generation market.

Market Trends - Major companies operating in the distributed solar power generation market focus on developing technologically advanced products such as photovoltaic inverters to enhance efficiency, reliability, and integration capabilities, driving the growth and adoption of solar energy solutions worldwide. These solutions maximize the efficiency and performance of solar photovoltaic (PV) installations by ensuring that the electricity generated by solar panels can be effectively utilized by electrical appliances and fed into the grid. For instance, in November 2023, SOFARSOLAR Co., Ltd., a China-based manufacturer and provider of solar inverters and related equipment for distributed solar power generation, launched the PowerMega (350KTLX0), a 350 kW utility PV inverter explicitly designed to meet the demands of utility-scale projects in India and worldwide. This innovative inverter is meticulously engineered for optimal performance in utility solar applications. With a maximum efficiency of 99.05% even at high temperatures of up to 50 degrees Celsius, the PowerMega sets a new standard in the industry. It boasts ultra-high current integration, simplified installation, and intelligent protection mechanisms. With 8*60 A multiple Maximum Power Point Trackers (MPPTs), it accommodates high-power modules of 500Wp and above, ensuring lower Levelized Cost of Electricity (LCOE) and maximizing yields for end-users.

The distributed solar power generation market covered in this report is segmented –

1) By Technology: Concentrated Solar Power Systems, Photovoltaic Systems 2) By Solar Module: Polycrystalline, Amorphous Silicon Cells, Cadmium Telluride, Monocrystalline, Other Solar Modules 3) By End-User: Industrial, Residential, Commercial, Other End-Users

Get an inside scoop of the distributed solar power generation market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14333&type=smp

Regional Insights - Asia-Pacific was the largest region in the distributed solar power generation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the distributed solar power generation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the distributed solar power generation market are TotalEnergies SE, Huawei Technologies Co. Ltd., Tesla Inc., General Electric Co., Siemens Energy AG, ABB Ltd., NextEra Energy Inc., Sharp Corporation, LONGi Solar Technology Co. Ltd., JinkoSolar Holding Co. Ltd., JA Solar Holdings Co. Ltd., Canadian Solar Inc., Enel Green Power, Risen Energy Co. Ltd., Daqo New Energy Corp., Hanwha Q Cells Co. Ltd., Schneider Electric SE, SolarEdge Technologies Inc., First Solar Inc., Sunrun Inc., Enphase Energy Inc., Kyocera Corporation, SMA Solar Technology AG, SunPower Corporation, Suntech Power Holdings Co. Ltd., Vivint Solar Inc., Yingli Solar, Sharp Energy Solutions Corporation, SolarCity Corporation

Table of Contents 1. Executive Summary 2. Distributed Solar Power Generation Market Report Structure 3. Distributed Solar Power Generation Market Trends And Strategies 4. Distributed Solar Power Generation Market – Macro Economic Scenario 5. Distributed Solar Power Generation Market Size And Growth ….. 27. Distributed Solar Power Generation Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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mindgeniuslimited · 9 days ago

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The AI Revolution: How Machine Learning Has Changed The World In Two Years

It started with a bang. The launch of ChatGPT, a groundbreaking AI chatbot, did not require any soft launches or fuse wire teasers.

Within 24 hours of its unveiling in November 2022, the new technology had become a global phenomenon as social media channels buzzed about its capabilities.

Seven years in development, its impact was immediate and phenomenal – within five days it had amassed more than a million users, setting the pace for an unprecedented paradigm shift in the way businesses operate.

Now, almost two years on, with the world’s largest technology companies having launched their own platforms, AI continues to set the pace for cultural and technological advances in previously unimagined ways.

In the earliest days, the technology was used experimentally, in a range of simple processes, ranging from crafting travel itineraries, to writing captivating fables and generating computer code.

Since then, it has drastically reshaped the business world, transforming how we work, access information, and analyse data.

Ethical considerations of AI for businesses

Benefits to businesses from AI include improved customer engagement through chatbots and virtual assistants, enhanced data analysis and insights for better decision-making, and automation of repetitive tasks for increased efficiency. It has been applied to various business areas, including accounting, customer service, cybersecurity, human resources, and sales and marketing.

However, the technology has also introduced its own set of challenges, including ethical and privacy concerns, skill gaps in the workforce, and integration issues with existing systems.

While AI has undoubted benefits, it also has the potential to exacerbate existing inequalities, as certain jobs become automated and others require specialised skills. The ethical implications of AI, such as data privacy and potential bias, require careful consideration and regulation to ensure its responsible development and deployment.

Use of AI in mind mapping software

As a business concerned with the provision of mind mapping software for business processes and project planning, the rise of AI sparked conversations within our organisation about its potential to replace human jobs, including those involving creative thinking and problem-solving.

We quickly realised that, when it comes to mind mapping, AI is not a replacement, but rather a powerful enhancer, transforming the process into a

more efficient and insightful experience. Every new map or project starts as a blank slate, and no amount of templates, videos, webinars, or white papers can fully eliminate the initial intimidation of that empty space.

Traditional mind maps have long been praised for their ability to visually represent ideas and relationships. However, AI is now injecting this process with a boost of intelligent capabilities. as we no longer need to second-guess what someone needs to think about. Now, users can simply ask AI the question, and have the result mapped out for them—all in the blink of an eye. This transformative capability eliminates the uncertainty of starting from scratch, making the process faster, easier, and more intuitive for the user.

AI should not be about replacing human intuition and creativity – it’s about augmenting our capabilities, empowering us to think more effectively and achieve greater productivity.

Mind mapping tools can bridge the gap between human intellect and AI capabilities, creating a powerful synergy that unlocks new possibilities in brainstorming, learning, and problem-solving.

As AI technology continues to evolve, we can anticipate even more sophisticated and intuitive mind mapping tools. These tools will continue to enhance human thinking, empowering us to achieve greater results and unleash the full potential of our creative minds.

A future of unprecedented business efficiency

The future of AI in business will involve continued collaboration between governments, businesses, and individuals to address challenges and maximize opportunities presented by this transformative technology.

AI is likely to become increasingly integrated into software and hardware, making it easier for businesses to adopt and utilise its capabilities. Success will depend on how it is leveraged to augment human capabilities rather than replacing them, creating a future where humans and AI work together in a complementary way.

Beyond automating individual tasks, AI is driving a paradigm shift towards unprecedented efficiency across entire business operations.

By automating repetitive tasks, AI allows employees to focus on more strategic and creative work, leading to increased productivity and innovation. A recent McKinsey study found that AI could potentially automate 45% of the activities currently performed by workers.

As well as automating processes, it can also streamline operations, and minimize errors, leading to significant cost savings for businesses. For example, automating customer service with AI can reduce the need for human agents, leading to lower labour costs.

AI can also analyse large datasets in real-time, providing insights that would be impossible for humans to process manually, enabling faster and more informed decision-making. For instance, AI-powered analytics can help businesses predict customer demand, optimise inventory, and personalise marketing campaigns.

The benefits of data-driven decision making

AI's ability to analyse vast amounts of data is transforming how businesses make decisions. The technology can identify patterns and trends in historical data, enabling businesses to predict future outcomes and make informed decisions. This can be applied to forecasting sales, identifying customer churn, and optimising pricing strategies.

It can analyse customer data to create highly personalised marketing campaigns, tailoring messages and offers to individual preferences, leading to increased conversion rates and customer loyalty.

AI can also analyse data to identify and assess risks, enabling businesses to take proactive measures to mitigate potential threats. This can be applied to fraud detection, cybersecurity, and supply chain management.

The competitive disadvantage of AI refuseniks

In today's rapidly evolving business environment, companies that fail to embrace AI risk falling behind. This lag creates a significant competitive disadvantage, including:

Loss of efficiency and productivity: Competitors who utilise AI for automation and optimisation gain a significant edge in efficiency and productivity, leaving refuseniks struggling to keep pace.

Increased costs: Inefficient processes and outdated practices can result in higher operating costs for businesses that haven't embraced AI, putting them at a disadvantage in pricing and profitability.

Reduced customer satisfaction: AI-powered customer service and personalised marketing, allow competitors to deliver exceptional customer experiences, while businesses lagging in AI adoption struggle to meet customer expectations.

The future of business – embracing the AI revolution

The transformative impact of AI, driven by the rise of AI-powered business tools, is only beginning to unfold. Businesses that embrace AI will be well-positioned to thrive in the future, leveraging automation for efficiency, data-driven decision-making for competitive advantage, and personalised customer experiences for loyalty. Those who fail to adapt risk becoming irrelevant in an increasingly AI-powered world.

As AI continues to evolve, the need for business leaders to understand and embrace its transformative power is becoming increasingly critical. The companies that proactively invest in AI and leverage its capabilities will be the ones shaping the future of their industries and setting the pace for the next wave of innovation.

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latestmarketresearchnews · 14 days ago

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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.

#Farm Management Software Market Overview #Farm Management Software Market Size

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researchreportinsight · 14 days ago

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

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

Asia Pacific Farm Management Software Market Trends

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:

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.

#Farm Management Software Market Overview #Farm Management Software Market Size

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marketanalysisdata · 16 days ago

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Precision Farming Industry Revenue, Opportunity, Forecast Report 2030

The global precision farming market was valued at USD 10.50 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. This market growth is primarily attributed to the rapid expansion of the Internet of Things (IoT) and the increasing adoption of advanced analytics by farmers. Precision farming leverages these technologies to help farmers optimize the use of resources such as water, fertilizer, and labor while maximizing crop yield and minimizing environmental impact. Advanced analytics, a subset of data science, plays a crucial role by employing various tools and methods to predict the needs of crops and soil, thus enabling farmers to make more informed decisions regarding crop management.

The precision farming market is currently in a moderate growth stage. Despite this, the sector is witnessing significant technological innovation. Various advanced technologies such as Wi-Fi technology, Zigbee technology, RF technology, and equipment integrated with sensors and cameras are being increasingly adopted. These technological advancements are enhancing the ability of farmers to monitor and manage their crops and soil conditions in real time. The integration of IoT with farming equipment allows for better data collection, enabling more precise actions. The evolving precision farming landscape highlights how market players are continuously adopting cutting-edge solutions to meet the growing demands of farmers and tackle challenges in agriculture, such as climate change, resource scarcity, and labor shortages.

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

Regional Insights:

North America Precision Farming Market Trends

North America dominated the global precision farming market, accounting for 44.07% of the market's revenue in 2023. This region has been an early adopter of precision farming technologies, benefiting from a combination of factors that have spurred its growth. Key among these is the supportive role of government initiatives, which foster the adoption of modern agricultural technologies. Furthermore, the region's well-developed infrastructure has created a conducive environment for implementing these technologies at scale. A notable example is the Government of Canada’s initiative announced in May 2022, where they invested USD 4,41,917.5 to develop an integrated system for precision fruit tree farming. This initiative aims to address emerging challenges within Canada’s apple industry, with a focus on sustainability and efficiency.

U.S.

The U.S. precision farming market is poised for substantial growth in the coming years, driven by favorable government initiatives. One key example is the National Institute of Food and Agriculture (NIFA), a part of the U.S. Department of Agriculture (USDA), which runs various programs aimed at creating awareness and promoting the adoption of geospatial, sensor, and precision technologies among farmers. Through partnerships with Land-Grant universities, NIFA supports the development of advanced sensors, software, and instrumentation designed for modeling, observing, and analyzing biological materials and agricultural processes. This initiative plays a crucial role in helping farmers incorporate new technologies into their operations.

Asia Pacific Precision Farming Market Trends

Asia Pacific is anticipated to witness significant growth in the precision farming market, projected to expand at a CAGR of over 15.3% from 2024 to 2030. This growth is largely driven by numerous government initiatives in developing countries such as India, Sri Lanka, and Nigeria, all of which are working to promote modern precision farming technologies. These initiatives aim to increase agricultural productivity by optimizing resource use. A noteworthy development in the region was the trade agreement signed in September 2017 between China and Israel. The agreement, valued at USD 300 million, was aimed at facilitating the export of environmentally friendly Israeli technologies to China. In addition, the presence of a strong administrative framework in the region has helped farmers improve their understanding and usage of precision farming tools and equipment, thus contributing to the region’s market growth.

China

The precision farming market in China is expected to hold a significant share of the Asia Pacific market. The growth in China is being driven by a widespread adoption of advanced agricultural technologies alongside a growing focus on sustainable farming practices. As one of the world’s largest agricultural producers, China’s adoption of precision farming technologies aims to tackle issues such as soil degradation, resource inefficiency, and the need to increase crop yields to meet the growing demand for food. These developments are significantly contributing to the market’s expansion in the region.

India

In India, the precision farming market is poised for considerable growth, holding a significant revenue share in the Asia Pacific market. India, with its large agricultural sector and growing need for food security, is turning to precision farming techniques to enhance crop yields, optimize resource utilization, and reduce environmental impact. With government backing and the increasing availability of affordable technology, Indian farmers are rapidly adopting technologies such as sensors, drones, and AI-based analytics to improve productivity and sustainability in their farming practices.

Japan

Japan's precision farming market is expected to contribute significantly to the Asia Pacific market, driven by the integration of artificial intelligence (AI), drones, and big data analytics. These technologies are enhancing the efficiency and effectiveness of precision farming practices in Japan, enabling farmers to more accurately manage irrigation, fertilization, and pest control. Japan’s focus on smart agriculture and precision techniques has positioned it as a leader in adopting high-tech solutions in agriculture.

Europe Precision Farming Market Trends

U.K.

The U.K. precision farming market is expected to capture a significant share of the overall European market. Precision farming in the U.K. has been gaining traction due to ongoing technological advancements and an increasing need for sustainable and efficient agricultural practices. The adoption of various technologies such as GPS, sensors, drones, and data analytics has been crucial in optimizing crop yields, minimizing input usage, and reducing the environmental impact of farming. As the need for environmentally responsible farming grows, the U.K. market is expected to expand further.

Germany

Germany is expected to hold a substantial share of the European precision farming market. The country’s farmers are increasingly adopting precision farming techniques to tackle the challenges of unpredictable weather patterns, soil variability, and the need to boost productivity. Precision farming tools, such as sensors and automated machinery, are being widely used to enhance farming efficiency, reduce costs, and improve yield outcomes, making Germany a key player in Europe’s precision farming sector.

France

In France, the precision farming market is also expected to account for a significant share of the European market. Government support is a major factor contributing to the market's growth. Subsidies and grants aimed at encouraging farmers to adopt precision farming technologies, particularly for sustainable farming practices, are helping to accelerate the adoption of these solutions. The French government’s initiatives focus on encouraging farmers to embrace precision tools that can improve both efficiency and environmental sustainability in agriculture.

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

The global virtual client computing software market size was valued at USD 18.50 billion in 2024 and is projected to grow at a CAGR of 12.1% from 2025 to 2030.

The global solid state transformers market size was valued at USD 169.4 million in 2024 and is projected to grow at a CAGR of 32.0% from 2025 to 2030.

Key Companies & Market Share Insights

Some of the prominent companies in the precision farming market include Ag Leader Technology, AgJunction, Inc., CropMetrics LLC, Trimble, Inc., AGCO Corporation, Raven Industries Inc., Deere & Company, Topcon Corporation, AgEagle Aerial Systems Inc. (Agribotix LLC), DICKEY-john Corporation, Farmers Edge Inc., Grownetics, Inc., Proagrica (SST Development Group, Inc.), and The Climate Corporation, among others. These companies play a significant role in shaping the market through innovations, product development, and strategic partnerships.

Deere & Company specializes in the manufacturing and construction of agricultural machinery, including tractors, combines, sprayers, and smart farming technologies. They also produce drivetrains, diesel engines, and lawn care machinery for various sectors such as agriculture, forestry, landscaping, and government.

AGCO Corporation is a leading U.S.-based manufacturer of agricultural equipment. The company develops a wide range of products such as tractors, combines, foragers, self-propelled sprayers, and smart farming solutions. Their product lineup also includes seeding equipment and tillage machinery.

Prospera Technologies and Agrible, Inc. are emerging players in the precision farming market, contributing to advancements in irrigation management, crop health optimization, and AI-based crop monitoring.

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

#Precision Farming Market Growth #Precision Farming Industry Forecast

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marketstudyreport · 16 days ago

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Precision Farming Market 2030 Size, Share, Business Growth, Demand and Applications

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

Regional Insights:

North America Precision Farming Market Trends

U.S.

Asia Pacific Precision Farming Market Trends

China

India

Japan

Europe Precision Farming Market Trends

U.K.

Germany

France

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

The global virtual client computing software market size was valued at USD 18.50 billion in 2024 and is projected to grow at a CAGR of 12.1% from 2025 to 2030.

The global solid state transformers market size was valued at USD 169.4 million in 2024 and is projected to grow at a CAGR of 32.0% from 2025 to 2030.

Key Companies & Market Share Insights

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

#Precision Farming Market Growth #Precision Farming Industry Forecast

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lifeinapic · 1 month ago

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E-Commerce is one of the hottest markets in the world at present.As per Statista, retail eCommerce sales stood at $4.28 trillion in 2020. This figure is projected to rise to $5.42 trillion in 2022 and $6.38 trillion in 2024. This clears up one thing; if you have an eCommerce development service, whether small or big, you need to keep working on it.Now, handling an eCommerce venture is not a piece of cake. If you have experience, you know that handling shipping, product sourcing, managing inventory, order tracking, monitoring analytics may take more than the available time.To keep up with the cut-throat competition, you need to leverage some sophisticated eCommerce management apps. To help you get hands-on with the best ones, we have compiled a list. Check it out!Best Apps and Software to Streamline your eCommerce storeeCommerce management can be divided into various categories such as:MarketingOne of the critical elements of every business is marketing. It helps you attract new customers and retain the previous ones. So, to undertake the marketing process more manageable, you need to have tools like:Mailchimp: It is an excellent email marketing tool that to collect insights about your ongoing campaign. You can seamlessly integrate it with Shopify or WordPress and receive updates regarding your campaign on your mobile device. In addition, you can know about the opening and click-through rates easily from the Mailchimp app.Smile.io Rewards: Rewards are the best way to garner new customers and retain the old ones. This also indirectly helps in marketing your brand. To keep your customers coming back for repeat purchases, you need to allure them with benefits.Smile.io is the add-on that you can use with your Shopify account to provide customers with rewards for following the brand, sharing products on social networks, and more.Coupon Pop: The concept of Coupon Pop is a unique one as it provides the users’ coupons in return for their likes, follows, and emails.Inventory Management and ShippingTo keep up with the market demands, you need to ensure that your warehouse is stacked with all the necessary products.Checking it manually can be hectic. Hence, it would help if you use the following tools for managing the inventory of your eCommerce business.Zoho Inventory Management: The use of Zoho is not limited to just inventory management. It can help you undertake many other tasks such as create purchase orders, manage drop shipping, etc. You can even track every item of your inventory end to end with serial numbers and features. It can also assist you in making better business decisions via its accounting software and asset management tools.Veeqo: Veeqo is also one of the popular inventory management tools that helps you keep control over multi-channel inventory. You can sync it with multiple eCommerce channels. Besides this, it can help you forecast demand by analyzing past sales data.Easyship: It is an excellent tool that integrates worldwide couriers, taxes and duty charges, etc. Using Easyship, the businesses can offer worldwide delivery at reasonable costs.Product SourcingThis is one of the key things in every business. If you are beginning an eCommerce business, you need to plan to source the products you are planning to sell. There are many software to do that, such as:Maker’s Row: The web tool has a pool of manufacturers that supply over 2 million products of over 100,000 brands. You can search the required products on the website, talk to the supplier and get a quote for your purchase. Hence, it makes product sourcing super smooth for you.Oberlo: Oberlo is another app that allows you to source products from third-party drop shippers. Once you have selected your products, you can add them to your store and ship them directly to the customer. So, no hassle of storing them in a warehouse.Branding and DesigningKFC and McDonald’s are prime examples of branding!No matter how good the products are, popularity among the people is the key reason for business growth.

Hence, you need to make your business recognizable. Designing an excellent recognizable logo and using a branding kit is one way you can achieve popularity. Some of the tools that you can use for making graphics and logos are:Canva: A free online tool for creating graphics.Looka: An AI-powered platform for designing a logo that matches your brand vision.SEOTo keep your business growing, you need to make sure that you are always one step or more steps ahead of your competitors. And you can know this better by checking out your Google page rankings.To be in the eyes of the users means more sales and more revenue. For this, you need to use some advanced SEO tools for improving your organic reach and rank in the Google SERPs.SEMRush: It is a marketing SEO tool used for Domain-Domain analysis, checking On-Page SEO, and even comparing keywords.Ahrefs: This is a great tool for keyword research, site audit, site exploring, rank tracking, and content analysis. Based on these, one can make informed SEO decisions.Content MarketingContent is the key to the online success of every business. The SEO part of every business is solely based on content. Hence, it is necessary to ensure that whatever you post on your eCommerce website has rich content value.Here are some tools for generating content ideas!Hubspot: Hubspot is an excellent tool for getting content ideas. If you want to market your eCommerce tools via blogs, you can use the HubSpot Blog Topic Generator to get ideas about trending topics to write on. All it requires is some words related to the topic.Social Animal: Social Animal is a brilliant go-to tool for searching content ideas and content performance. Besides this, it also provides you insights into the length of the title and what will be the best time to publish the content.ConclusionIn conclusion, we can say that there are many tools that you can use to smoothen your eCommerce business. You can use the tools and software mentioned above to manage an eCommerce business of any size from anywhere. These will not only reduce your hassle but will also lead to an increase in conversion rate and revenue.

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fromdevcom · 1 month ago

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industrynewsupdates · 3 days ago

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Software As A Service Market: A Deep Dive into Key Industry Players

The global software as a service market size is expected to reach USD 819.23 billion by 2030, growing at a CAGR of 13.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The major growth factors of the market include the growing adoption of outsourcing business models in enterprises coupled with the growing number of small and medium enterprises (SMEs) and startups across the globe. Moreover, the rising trend towards mobile applications such as emails, video calls, and instant messaging further increases the usage of smart devices which further encourages the demand for software as a service (SaaS) during the forecast period.

Cloud-based software solutions have become increasingly popular due to their scalability, cost-effectiveness, and ease of use. Companies increasingly turn to cloud-based SaaS solutions for their business needs, including customer relationship management (CRM), human resources management, and accounting. Further, SaaS providers are increasingly integrating their software with other platforms to offer a more comprehensive suite of services. This includes integrations with other SaaS providers and on-premises software and legacy systems. For instance, in November 2022, IBM Corporation launched a managed cloud service solution for VMware, Inc., an American cloud computing and virtualization technology company. The new offering provides a secured, operated, and managed service by IBM Cloud to assist enterprises in deploying the cloud with the IBM Cloud infrastructure and VMware software stack.

Gather more insights about the market drivers, restrains and growth of the Software As A Service Market

Software As A Service Market Report Highlights

• The software segment led the market in 2022, accounting for over 84% share of the global revenue owing to a rise in the demand for cloud-based software outsourcing and an increase in the number of SMEs outsourcing

• The private cloud segment held the largest revenue share of over 44% in 2022. Private clouds combine many advantages of cloud computing, such as ease of service delivery, scalability, security, elasticity, and resource personalization of on-premises infrastructure

• The large enterprises segment led the market in 2022, accounting for over 60% share of the global revenue. SaaS gives enterprises greater visibility and control over their cloud environments, allowing them to manage risk and compliance requirements better

• The others segment held the largest revenue share of over 42% in 2022. The emergence of new technologies like robotic process automation (RPA), cloud computing, and artificial intelligence (AI) has the potential to revolutionize the supply chain software market

• North America accounted for the largest share of over 44% of the global SaaS market. Software as a Service (SaaS) is a rapidly growing industry in North America, with many developments emerging in recent years. Cloud-based software solutions have become increasingly popular in North America due to their scalability, cost-effectiveness, and ease of use.

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

• The global people counting system market size was estimated at USD 1.26 billion in 2024 and is anticipated to grow at a CAGR of 13.7% from 2025 to 2030.

• The global cryptocurrency market size was estimated at USD 5.70 billion in 2024 and is projected to grow at a CAGR of 13.1% from 2025 to 2030.

Software As A Service Market Segmentation

Grand View Research has segmented the global software as a service market based on component, deployment, enterprise-size, application, industry, and region:

SaaS Component Outlook (Revenue, USD Billion, 2017 - 2030)

• Software

• Services

SaaS Deployment Outlook (Revenue, USD Billion, 2017 - 2030)

• Public Cloud

• Private Cloud

• Hybrid Cloud

SaaS Enterprise-size Outlook (Revenue, USD Billion, 2017 - 2030)

• Small & Medium Enterprises

• Large Enterprises

SaaS Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Customer Relationship Management (CRM)

• Enterprise Resource Planning (ERP)

• Human Capital Management

• Content, Collaboration & Communication

• BI & Analytics

• Others

SaaS Industry Outlook (Revenue, USD Billion, 2017 - 2030)

• Banking, Financial Services & Insurance (BFSI)

• Retail & Consumer Goods

• Healthcare

• Education

• Manufacturing

• Travel & Hospitality

• Others

SaaS Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o France

o U.K.

• Asia Pacific

o China

o Japan

o India

o Singapore

o South Korea

o Malaysia

o Australia

• Central & South America

o Brazil

• Middle East & Africa

Order a free sample PDF of the Software As A Service Market Intelligence Study, published by Grand View Research.

#Software As A Service Market #Software As A Service Market Analysis #Software As A Service Market Report #Software As A Service Market Size #Software As A Service Market Share

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healthcaremarketanalysis · 1 month ago

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RNA Analysis Industry worth $9.9 billion by 2028, with a CAGR of 13.4%

The global RNA analysis market growth forecasted to transform from USD 5.3 billion in 2023 to USD 9.9 billion by 2028, driven by a CAGR of 13.4%. Various elements such as increasing R&D activities, increasing government funding for drug discovery research, and growing pharmaceutical & biological industries are the major growth factors for this market. Many peptide-based research projects are also being fostered by increasing collaborative partnerships among various companies that are driving market growth.

Download an Illustrative overview:

Browse in-depth TOC on "RNA Analysis Market"

178 - Tables

46 - Figures

263 - Pages

The reagents/consumables segment accounted for the largest share of the product & service segment in the RNA analysis market in 2022.

Based on product & service, the RNA analysis market is segmented into reagents/consumables, instruments, software, and services. In 2022, the reagents/consumables segment accounted for the largest share of the RNA analysis market. The large share of this segment is fueled by the increasing demand for omics-based therapeutics, expanding research and development activities, and the availability of various RNA analysis reagents in the market.

The PCR segment accounted for the largest share of the technology segment in the RNA analysis market in 2022.

Based on technology, the RNA analysis market is segmented into PCR, sequencing, microarrays, and RNA interference. The PCR segment accounted for the largest share in the RNA analysis market in 2022. PCR is associated with several advantages, such as ease of operation, and short production cycles. These advantages support the growth of the PCR in the RNA analysis segment.

Asia Pacific is likely to grow at the highest growth rate during the forecast period.

Based on the region The global RNA analysis market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the largest regional segment. The Asia Pacific region is estimated to grow at the highest CAGR in the RNA analysis market during the forecast period. The growth of the pharmaceuticals market in the region is primarily driven by the increasing prevalence of chronic diseases, the rising disposable incomes, the growing focus on personalized medicine, and the increasing government support for genomics and proteomics.

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RNA Analysis Market Dynamics:

Drivers:

Growing demand for personalized medicine

Restraints:

High capital investments

Opportunities:

Opportunities in Emerging Countries

Challenges:

Data management in transcriptomics research

Key Market Players:

The prominent players operating in the RNA analysis market are Thermo Fisher Scientific, Inc. (US), F. Hoffmann-La Roche Ltd. (Switzerland), Bio-Rad Laboratories, Inc. (US), Illumina, Inc. (US), and Eurofins Scientific (Luxembourg).

Recent Developments:

In October 2022, Agilent Technologies and CMP Scientific Corp. entered into a co-marketing agreement to provide an integrated capillary electrophoresis-mass spectrometry (CE-MS) solution for the life science and pharmaceutical industries.

In March 2022, Eurofins acquired Beacon Discovery, a drug discovery-based CRO. Beacon supported the fully integrated drug discovery programs from target validation to pre-clinical candidates.

In January 2021, Thermo Fisher acquired Phitonex to provide greater flow cytometry and imaging multiplexing capabilities for protein and cell analysis research needs. Phitonex's product offerings are also an expansion of the company's existing protein and cell analysis portfolio.

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RNA Analysis Market Advantages:

Unraveling Gene Expression: RNA analysis allows researchers to study the dynamic gene expression patterns in cells and tissues, providing valuable insights into how genes are regulated and how they respond to different stimuli, disease conditions, or treatments.

Disease Understanding: By analyzing RNA profiles, scientists can gain a deeper understanding of the molecular basis of various diseases, including cancer, neurological disorders, and infectious diseases. This knowledge can lead to the identification of biomarkers and potential therapeutic targets.

Personalized Medicine: RNA analysis has the potential to enable personalized medicine approaches. By profiling an individual's RNA, clinicians can tailor treatments to the patient's specific genetic makeup and disease characteristics, increasing treatment efficacy and minimizing adverse effects.

Advancements in Therapeutics: RNA analysis plays a crucial role in the development of novel RNA-based therapeutics, such as RNA interference (RNAi) and mRNA vaccines. These groundbreaking treatments have the potential to target specific genes and revolutionize disease management.

Diagnostic Applications: RNA analysis offers a wide range of diagnostic applications. From detecting infectious agents to identifying specific genetic mutations associated with diseases, RNA-based diagnostic tests can provide faster, more accurate results than traditional methods.

Biotechnology and Drug Development: In the biotechnology and pharmaceutical industries, RNA analysis is utilized to assess the safety and efficacy of potential drugs. It helps identify potential drug targets and provides valuable information during preclinical and clinical trials.

Agricultural Advancements: RNA analysis is also applied in agriculture to improve crop yields, develop disease-resistant varieties, and enhance the nutritional content of food.

Non-Invasive Testing: In certain cases, RNA analysis can be performed on non-invasive samples such as blood, urine, or saliva, reducing the need for invasive procedures and making it easier to monitor patients over time.

Technological Advancements: The RNA analysis market is continuously evolving with advancements in sequencing technologies, bioinformatics, and automation. These innovations have led to increased throughput, reduced costs, and improved accuracy in data analysis.

Research Tools: The availability of diverse RNA analysis tools and kits allows researchers to perform experiments efficiently and cost-effectively, fostering a broader adoption of RNA-focused studies across academic and commercial laboratories.

Overall, the growing advantages of RNA analysis have positioned it as a pivotal component in advancing our understanding of biology, driving medical breakthroughs, and shaping the future of personalized medicine and precision healthcare.

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jayanthitbrc · 10 days ago

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Global Cognitive Supply Chain Market Analysis 2024: Size Forecast and Growth Prospects

The cognitive supply chain global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Cognitive Supply Chain Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The cognitive supply chain market size has grown rapidly in recent years. It will grow from $7.42 billion in 2023 to $8.64 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to rise of just-in-time (JIT) and lean manufacturing philosophy, expansion of global trade, demand for faster delivery times, evolution of electronic commerce, increasing complexity of supply chains.

The cognitive supply chain market size is expected to see rapid growth in the next few years. It will grow to $14.91 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%. The growth in the forecast period can be attributed to rapid growth of e-commerce, sustainability initiatives, supply chain resilience, integration of edge computing and analytics, advances in information technology. Major trends in the forecast period include rapid integration of ai-driven technologies, advanced analytics and machine learning growth, enhanced human-AI collaboration, blockchain for supply chain security, and edge computing for real-time decision-making.

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Scope Of Cognitive Supply Chain Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Cognitive Supply Chain Market Overview

Market Drivers - The growing e-commerce industry is expected to propel the growth of the cognitive supply chain market moving forward. E-commerce involves the exchange of goods and services conducted electronically, primarily over the Internet or through digital platforms. The e-commerce sector is experiencing rapid growth due to the proliferation of smartphones, increased internet penetration, and increasing demand for seamless payment and delivery options. The cognitive supply chain enhances efficiency and decision-making in the e-commerce industry by leveraging advanced technologies such as artificial intelligence (AI) and machine learning for intelligent data analysis and optimization. For instance, in February 2024, according to the United States Census Bureau, a US-based government agency, e-commerce sales for the fourth quarter of 2023 were $285.2 billion, which is a 0.8% increase from the third quarter of 2023. The estimated e-commerce sales for the fourth quarter of 2023 have increased by 7.5% (±1.2%) from the fourth quarter of 2022. Additionally, E-commerce sales accounted for 15.6% of the total sales in the fourth quarter of 2023. Therefore, the growing e-commerce industry is driving the growth of the cognitive supply chain market.

Market Trends - Major companies operating in the cognitive supply chain market are increasing their focus on developing advanced solutions, such as AI (artificial intelligence) supply chain management tools, to gain a competitive edge in the market. An AI-based supply chain management tool is a software solution leveraging artificial intelligence (AI) technologies to optimize and streamline various aspects of the supply chain. For instance, in December 2023, Blue Yonder, a US-based supply chain management company, launched Blue Yonder Orchestrator, a new AI supply chain management tool as part of its Luminate Cognitive Platform. The tool combines large language models, cloud data, and prompt engineering to provide supply chain recommendations. Blue Yonder Orchestrator enables companies to derive value from their data, allowing business users to access recommendations, predictive insights, and intelligent decisions quickly to ensure the best outcomes for their supply chain.

The cognitive supply chain market covered in this report is segmented –

1) By Offering: Solutions, Forecasting, Analytics, Inventory Management, Risk Management, Other Offerings 2) By Deployment: Cloud, On-Premise 3) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs) 4) By End Use: Healthcare, Food And Beverages, Transportation And Logistics, Retail And E-commerce, Other End-uses

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Regional Insights - North America was the largest region in the cognitive supply chain market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cognitive supply chain market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the cognitive supply chain market are Amazon.com Inc., Microsoft Corporation, Siemens AG, Intel Corporation, Accenture plc, International Business Machines Corporation, Oracle Corporation, Honeywell International Inc., SAP SE, NVIDIA Corporation, C.H. Robinson Worldwide Inc., SAS Institute Inc., Panasonic Corporation, Coupa Software Inc., JDA Software Group Inc., WiseTech Global Limited, E2open LLC, Kinaxis Inc., Relex Solutions Ltd., Logility Inc., FourKites Inc., Savi Technology Inc., TransVoyant LLC, Terra Technology LLC, ClearMetal Inc., Llamasoft Inc.

Table of Contents 1. Executive Summary 2. Cognitive Supply Chain Market Report Structure 3. Cognitive Supply Chain Market Trends And Strategies 4. Cognitive Supply Chain Market – Macro Economic Scenario 5. Cognitive Supply Chain Market Size And Growth ….. 27. Cognitive Supply Chain Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected]

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