#United Kingdom Artificial Intelligence (AI) in Energy and Power Market

[study-in-uk-msm-unify]

Emerging Industries: Opportunities in the UK Job Market

Planning to study in the UK? Want to explore career opportunities in the United Kingdom?

In the ever-evolving world, the UK stands as a hub for innovation and growth, bringing numerous emerging sectors that offer promising career prospects. As technology continues to reshape the global economy, several industries in the UK have captured attention, presenting exciting opportunities for job seekers and entrepreneurs alike. Take a look at some of the career opportunities you could take advantage of.  

1. Fintech (Financial Technology)

The UK has strengthened its position as a leading fintech hub, with London being a prominent center for financial innovation. Fintech includes a wide array of sectors, including mobile payments, blockchain, and cybersecurity. Job opportunities in this field span software development, data analysis, financial consultancy, and regulatory compliance.

2. Technology and IT 

In the emerging era of the digital world, technology continues to dominate businesses worldwide. As, a result the demand for technologically advanced professionals tends to rise. Software developers, data analysts, cybersecurity experts, and artificial intelligence specialists roles are in high demand. With the increasing use of technologies and the need for innovative solutions, these roles offer tremendous growth opportunities and competitive salaries. 

3. Healthtech

The combination of healthcare and technology has given rise to HealthTech, a sector dedicated to enhancing medical services through innovative solutions. From telemedicine to health analytics and AI-driven diagnostics, HealthTech offers diverse career paths for healthcare professionals, software developers, data scientists, and researchers.

4. Renewable energy and sustainability

With an increased focus on sustainability and combating climate change, the UK has been investing significantly in renewable energy sources. Wind, solar, and hydroelectric power are among the sectors experiencing rapid growth. Job roles in renewable energy range from engineering and project management to research and policy development, catering to those passionate about environmental conservation.

5. Cybersecurity

With the increasing frequency of cyber threats, the demand for cybersecurity experts is on the rise. Businesses and governments are investing heavily in safeguarding digital infrastructure. Job roles in cybersecurity encompass ethical hacking, network security, data protection, and risk analysis, presenting ample opportunities for skilled professionals in this field.

6. Artificial Intelligence and Machine Learning

AI and machine learning are revolutionizing various industries, including finance, healthcare, and manufacturing. The UK is fostering innovation in AI research and development, offering roles in AI programming, data engineering, robotics, and AI ethics.

7. Creative industries

The UK has a rich heritage in the creative sector, encompassing fields like media, design, gaming, and entertainment. Roles in creative industries span from content creation and graphic design to video production and game development, appealing to individuals with artistic and technical skills.

In conclusion, the UK job market is filled with opportunities within emerging industries, showing the nation's commitment to innovation and progress. Whether one's passion lies in sustainability, technology, healthcare, or creative endeavors, these sectors offer an array of possibilities for career growth and contribution to shaping the future.

By embracing change, acquiring relevant skills, and staying adaptable, individuals can position themselves to thrive in these dynamic and promising industries, contributing to both personal success and the advancement of these transformative sectors in the UK.

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[mordormr]

The Future of Europe’s Defense Industry: Emerging Technologies and Strategic Investments

Market Overview: The Future of Europe’s Defense Industry – Emerging Technologies and Strategic Investments

The Europe Aerospace and Defense Market is projected to be valued at USD 173.97 billion in 2024 and is anticipated to grow to USD 223.48 billion by 2029, with a compound annual growth rate (CAGR) of 5.14% during the forecast period (2024-2029).

The European defense industry is at a pivotal point, driven by a combination of technological advancements, increased defense budgets, and evolving geopolitical dynamics. According to Mordor Intelligence, the future of the Europe defense market will be shaped by the adoption of emerging technologies, strategic investments, and greater collaboration among European nations to enhance military capabilities.

Key Trends and Drivers:

Technological Advancements: The defense industry in Europe is increasingly focused on incorporating cutting-edge technologies such as artificial intelligence (AI), robotics, autonomous systems, and cyber defense capabilities. These technologies are vital in ensuring that European defense forces remain competitive and capable of responding to modern threats like cyberattacks, terrorism, and hybrid warfare.

Rising Defense Budgets: Many European countries are increasing their defense expenditures, driven by concerns over regional security threats, rising global tensions, and pressure from NATO allies. Nations like Germany, France, and the United Kingdom have committed to boosting defense budgets to modernize their forces and contribute to collective security measures. This increased funding has enabled larger investments in advanced defense technologies and modernization programs.

Defense Modernization and Strategic Investments: European defense forces are modernizing their air, land, and naval capabilities. Key projects include next-generation fighter aircraft (such as the Future Combat Air System – FCAS), advanced missile defense systems, and naval vessels equipped with cutting-edge technology. The European Union and its member states are investing heavily in defense research and development (R&D) through programs like the European Defense Fund (EDF), which aims to boost the region’s defense innovation and technology base.

Geopolitical and Security Concerns: The defense market in Europe is being shaped by growing concerns about Russia’s activities, the resurgence of threats from non-state actors, and tensions in the Middle East and North Africa. In response, European countries are working on closer defense cooperation and joint procurement programs to ensure collective security and operational readiness in the face of these challenges.

Sustainability in Defense: An emerging trend in the European defense industry is the push towards sustainability, with increased focus on green technologies and energy efficiency in military operations. The integration of renewable energy in military systems, such as solar-powered drones and electric combat vehicles, is becoming a key focus for defense companies and governments aiming to reduce carbon footprints.

Key Market Segments:

Aerospace & Defense Electronics: The future of aerospace electronics in Europe revolves around advanced avionics, radar systems, satellite communications, and sensor technologies that enhance situational awareness and precision in combat and defense operations.

Autonomous Systems and Unmanned Vehicles: Europe is making significant strides in developing unmanned aerial vehicles (UAVs), autonomous land vehicles, and naval drones. These systems are designed for intelligence, surveillance, reconnaissance (ISR), and combat missions, which reduce the risk to human personnel.

Cybersecurity: As modern warfare increasingly shifts to the digital domain, European nations are investing in cybersecurity to protect critical infrastructure and military networks from cyberattacks. Robust cyber defense capabilities are essential in countering espionage, cyberterrorism, and state-sponsored cyber threats.

Space Defense Capabilities: The European Space Agency (ESA) and defense agencies across Europe are working to enhance space-based defense assets, including satellite systems for communication, surveillance, and missile defense. Space is now recognized as a key operational domain, with investments being made to strengthen Europe’s space defense capabilities.

Strategic Collaborations:

To build a stronger, unified defense force, European countries are forming alliances and collaborating on defense projects. Major initiatives such as the Permanent Structured Cooperation (PESCO) and joint ventures like the FCAS program between France, Germany, and Spain highlight the region’s focus on collaborative defense R&D, procurement, and operational coordination.

Competitive Landscape:

European defense giants such as Airbus, BAE Systems, Leonardo, and Thales Group are leading the charge in developing next-generation defense technologies. These companies are heavily investing in R&D and forming partnerships to develop advanced aerospace, naval, and land systems. Additionally, smaller defense tech companies and startups are entering the market, bringing innovative solutions in AI, cybersecurity, and unmanned systems.

Conclusion:

A shift towards advanced technologies, increased defense spending, and collaborative defense programs will characterize the future of Europe’s defense industry. The combination of geopolitical challenges and the rise of new security threats will drive Europe’s defense modernization efforts. Strategic investments in R&D and emerging technologies will play a crucial role in shaping the competitiveness and operational effectiveness of Europe’s defense forces over the next decade.

The region’s defense market will continue to evolve, with strong government and private sector initiatives to address future challenges and capitalise on the latest technological innovations. Europe’s defense industry is poised for robust growth, positioning itself as a global leader in defense technologies and military capabilities.

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/europe-aerospace-and-defense-market

[jobzeeuk]

The Future of Employment: Key Sectors Driving UK Jobs Growth

The employment landscape in the United Kingdom is undergoing a significant transformation. As the country navigates through post-pandemic recovery and adapts to technological advancements and global shifts, several key sectors are emerging as pivotal drivers of UK job growth. This article explores these sectors, highlighting their potential to shape the future of employment in the UK.

The Tech Industry: A Beacon of Innovation:

The tech industry stands at the forefront of UK jobs growth. The rapid pace of digital transformation across various sectors has created an insatiable demand for tech professionals. From software developers to cybersecurity experts, the need for skilled individuals in technology is unprecedented. The UK government’s commitment to fostering a digital economy, coupled with initiatives like the establishment of tech hubs and innovation centres, further underscores the importance of this sector.

One notable area within tech is the burgeoning field of artificial intelligence (AI). AI is not only revolutionizing industries such as healthcare, finance, and manufacturing but also creating new job opportunities. Roles such as AI specialists, data scientists, and machine learning engineers are becoming increasingly vital. The integration of AI in business processes promises to enhance productivity and efficiency, thereby driving UK jobs growth in the tech sector.

Healthcare: Meeting Growing Demands:

The healthcare sector is another critical area contributing to UK jobs growth. The COVID-19 pandemic highlighted the essential role of healthcare workers and exposed gaps in the healthcare system. In response, there has been a concerted effort to bolster the workforce in this sector. The demand for healthcare professionals, including doctors, nurses, and allied health professionals, continues to rise.

Furthermore, the aging population in the UK necessitates a robust healthcare system capable of providing comprehensive care. This demographic shift is driving the demand for geriatric care, mental health services, and home healthcare, all of which contribute to job creation. Innovations in medical technology and telemedicine are also opening new avenues for employment, making healthcare a cornerstone of UK jobs growth.

Green Economy: Sustainable Future, Sustainable Jobs:

As the world grapples with the challenges of climate change, the green economy is emerging as a significant contributor to UK jobs growth. The UK has set ambitious targets for reducing carbon emissions and achieving net-zero by 2050. This commitment to sustainability is driving investments in renewable energy, energy efficiency, and green technologies.

The renewable energy sector, including wind, solar, and hydroelectric power, is particularly promising. These industries require a diverse range of professionals, from engineers and technicians to project managers and environmental scientists. Additionally, the push for energy-efficient buildings and sustainable infrastructure is creating jobs in construction, design, and urban planning. The green economy not only addresses environmental concerns but also promises substantial employment opportunities, positioning itself as a key driver of UK jobs growth.

Creative Industries: Unleashing Innovation:

The creative industries encompass a wide array of fields, including media, entertainment, design, and advertising. These industries are a vital part of the UK economy, renowned globally for their innovation and creativity. The rise of digital platforms and content creation has revolutionized the creative sector, leading to a surge in demand for digital content creators, graphic designers, and marketing professionals.

The gaming industry, in particular, is experiencing significant growth. The UK is home to some of the world’s leading game development companies, and the sector continues to expand. This growth is fueled by advancements in technology, such as virtual reality (VR) and augmented reality (AR), which are creating new job opportunities. As digital consumption increases, the creative industries will play a pivotal role in driving UK jobs growth.

Advanced Manufacturing: A New Era of Production:

Advanced manufacturing is transforming traditional manufacturing processes through the integration of cutting-edge technologies like robotics, 3D printing, and the Internet of Things (IoT). This sector is crucial for maintaining the UK’s competitive edge in global markets and is a significant driver of UK jobs growth.

Automation and smart factories are enhancing productivity and efficiency, reducing the reliance on low-skilled labor while increasing the demand for highly skilled workers. Roles in advanced manufacturing range from engineers and technicians to data analysts and process managers. The sector's focus on innovation and high-value production ensures its continued importance in the UK job market.

Education and Training: Building the Future Workforce:

To support these burgeoning sectors, the education and training sector is pivotal in equipping the workforce with the necessary skills and knowledge. The demand for educators, trainers, and instructional designers is on the rise. Additionally, lifelong learning and reskilling initiatives are becoming increasingly important as workers adapt to changing job requirements.

Institutions and organizations are developing programs tailored to emerging industries, ensuring that the workforce is prepared for the future. Apprenticeships, vocational training, and digital skills courses are crucial components of this effort. By fostering a culture of continuous learning, the education sector is instrumental in driving UK jobs growth.

Conclusion:

The future of employment in the UK is being shaped by several dynamic and innovative sectors. The tech industry, healthcare, green economy, creative industries, advanced manufacturing, and education and training are all poised to drive UK job growth. As these sectors continue to evolve and expand, they will play a crucial role in building a resilient and prosperous job market, ensuring that the UK remains competitive on the global stage. The focus on sustainability, innovation, and skill development will be key to unlocking the full potential of these sectors, securing a bright future for UK jobs.

[thxnews]

UK-Canada Sign Pivotal AI Compute Agreement

In an era where technological advancements are pivotal to global progress, the United Kingdom and Canada have taken a significant step forward. By signing dual agreements that underscore their commitment to science and innovation, these nations have spotlighted AI compute as a cornerstone of their collaborative efforts. This strategic move not only enhances their partnership but also sets a new standard for international cooperation in the realm of artificial intelligence (AI) and beyond.  

Elevating AI Compute to New Heights

Empowering the Future of AI Development AI compute, the backbone of artificial intelligence development, has been earmarked as a key focus of the UK-Canada agreement. This initiative, championed by UK Technology Secretary Michelle Donelan and Canadian Minister for Innovation, Science, and Industry François-Phillippe Champagne, is designed to provide researchers and industry professionals with secure and cost-effective access to computing power. Such access is vital for the training and utilization of AI systems. Consequently, this highlights the importance of this agreement in fostering technological innovation and research excellence.   Broadening the Scope of Collaboration The agreements extend beyond AI compute, embracing a wide array of technological domains such as quantum computing, semiconductors, and clean energy technologies. This broadened collaboration aims to tackle global challenges head-on, leveraging shared strategic interests and the potential for innovation in areas like biomedicine. Furthermore, the commitment to exploring opportunities with like-minded countries underscores a global approach to solving complex technological and scientific challenges.  

A Renewed Vision for Science and Innovation

Strengthening the Framework of Partnership Accompanying the focus on AI compute is a refreshed partnership agreement that solidifies the framework for ongoing collaboration between the UK and Canada in science and innovation. Moreover, this agreement delineates key technologies for enhanced focus, aiming to drive research and bring innovative solutions to market. Importantly, it's a testament to the enduring partnership between these nations, rooted in a shared vision for leveraging science and technology for global good.   Celebrating a Legacy of Joint Efforts The legacy of collaboration between the UK and Canada is rich, with a history of shared data and partnerships dating back to the initial science and innovation agreement in 2017. The investments in joint research programs, such as the development of quantum technologies and climate change studies in the Arctic, highlight the depth and breadth of this partnership. These efforts have not only advanced scientific understanding but also paved the way for future collaborative endeavors.  

Charting the Course for Future Collaboration

Driving Global Technological Leadership The agreements signed in Ottawa signal a strong commitment to not only advancing the state of AI and technology but also addressing broader global challenges through science and innovation. The UK and Canada have set an exemplary standard for international cooperation, showcasing the power of collaboration in fostering technological advancements and scientific discovery.   A Foundation for Sustained Innovation The UK and Canada's renewed commitment to science, innovation, and technology is a beacon of hope for future generations. By prioritizing areas such as AI compute and extending their partnership to encompass a wider range of technologies, these nations are poised to lead the charge in addressing some of the most pressing challenges of our time. This partnership not only strengthens the bonds between the UK and Canada but also serves as a model for global cooperation in science and technology.   Sources: THX News, Department for Science, Innovation and Technology & The Rt Hon Michelle Donelan MP. Read the full article

[dataseries]

Evolving Trends in the UK Retail Banking Market

The UK retail banking sector has witnessed remarkable transformations in recent years, driven by technological advancements, changing customer expectations, and regulatory reforms. This article aims to provide a detailed overview of the key trends that are reshaping the landscape of retail banking in the United Kingdom.

Digitalization and Online Banking

The Rise of Digital-Only Banks

Digital-only or "challenger" banks have disrupted the traditional banking model in the UK. Institutions like Monzo, Revolut, and Starling Bank have gained significant market share by offering user-friendly mobile apps, low fees, and innovative features such as budgeting tools and real-time transaction notifications. This trend is expected to continue as more customers embrace the convenience of digital banking.

Open Banking Initiatives

The implementation of open banking regulations has paved the way for increased competition and innovation in the sector. Customers now have the ability to securely share their financial data with third-party providers, enabling the development of new financial products and services. Open banking is fostering a more dynamic and customer-centric banking environment.

Personalization and Customer Experience

AI-Powered Customer Service

Artificial intelligence (AI) is being leveraged by banks to enhance customer service. Chatbots and virtual assistants are becoming commonplace, providing immediate assistance and resolving queries efficiently. AI algorithms also enable banks to offer personalized product recommendations and financial advice, improving overall customer satisfaction.

Branch Transformation

Traditional bank branches are evolving to meet changing customer expectations. While physical branches remain important for certain transactions and consultations, banks are increasingly focusing on creating inviting, technology-enabled spaces that facilitate in-person interactions while integrating seamlessly with digital services.

Sustainable Banking and ESG

Environmental, Social, and Governance (ESG) Integration

Sustainability is gaining prominence in the UK retail banking sector. Banks are incorporating ESG principles into their investment decisions and loan portfolios. Customers are showing a growing interest in banking with institutions that align with their values, particularly in areas such as renewable energy financing and ethical investment options.

Green Banking Products

To address climate concerns, many banks are introducing "green" financial products, including eco-friendly loans, energy-efficient mortgages, and sustainable investment funds. These offerings cater to a customer base increasingly concerned about the environmental impact of their financial choices.

Regulatory Landscape

PSD2 and Strong Customer Authentication (SCA)

The Payment Services Directive 2 (PSD2) and Strong Customer Authentication (SCA) regulations have introduced new security measures for online transactions, enhancing the protection of customer data. Banks are adapting their systems to comply with these regulations, ensuring the safety of digital banking interactions.

Open Finance

Building on the concept of open banking, the UK is exploring the potential of open finance, which would extend data sharing to a broader range of financial products, including pensions and insurance. This initiative aims to empower consumers with more control over their financial information and choices.

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AI Social Media Content Generator: Your Key to Online Influence

Boosting Your Social Media Strategy with AI-Generated Content

Thanks for visiting the interesting world of AI social media content generators! With this digital grow older, social media has become an essential conduit for enterprises, influencers, and folks to connect because of their viewers and promote their offerings. However, consistently producing captivating and relevant content can be a daunting task. Anxiety not, for we are intending to engage in a experience to discover the miracles of AI social media content generators. Capturing attention and driving engagement like never before.

, discover how these technological marvels can transform your social media strategy>

Unveiling the potential for AI Social Media Content Generators (Phrase Count:

Image this: an excellent instrument that harnesses the may well of artificial intelligence and organic language handling to generate powerful information modify-designed for social media websites. Enter in AI social media content generators-a game-changing innovation. These clever creations analyze large information units, which include trending subjects, well-liked key phrases, and consumer choices, to produce articles that intrigues and resonates along with your target market. From magnetic captions to informative blog attention and posts-commanding head lines, AI social media content generators produce articles that orders consideration and sparks engagement.

The Advantages of AI Social Media Content Generators (Word Count:

2.1 Time and Cost Effectiveness:

In this quickly-paced world, time is a valuable resource, and AI social media content generators make sure you make the most of it. These wonders of technology save you valuable time and resources, by automating the content creation process. No longer are you gonna be burdened by endless hrs invested brainstorming concepts or the irritation of selecting content material creators. Instead, give attention to essential elements of your social media technique, for example encouraging engagement and looking after your online neighborhood.

2.2 Captivating and Consistency Content:

Consistency varieties familiarity, and familiarity breeds customer loyalty. AI social media content generators inspire anyone to sustain a steady flow of engaging information, leaving behind no room for spaces or lulls inside your publishing timetable. The generated content material boasts the energy to take part your audience, provoking enjoys, gives, and responses. Persistence, along with persuasive content, units the period for fulfillment from the computerized kingdom.

2.3 Targeting and Personalization:

Open the secret to winning your audience's hearts and minds by way of individualized content material. AI sets of rules review customer details, delving deep to their pursuits, demographics, and behaviour habits. With one of these priceless observations, AI social media content generators conjure information that resonates along with your potential audience, ultimately causing increased conversions and engagement. The wonder is based on delivering designed encounters that depart a long lasting influence, guaranteeing an outstanding return on your investment for your personal social media projects.

Decoding the Inner Functions of AI Social Media Content Generators (Expression Count up:

Wonder at the powering-the-scenes prowess of AI social media content generators. Operated by a effective combination of equipment learning, natural words processing, and information assessment, these ingenious instruments give birth to outstanding articles. They trawl by means of immense quantities of info from social media systems, media resources, and relevant outlets, meticulously discovering habits, preferred topics, and rising tendencies. Furnished with this cherish trove of information, the AI algorithms make content that harmonizes with the at any time-developing pursuits of your own potential audience.

Continuous development is situated in the middle of those AI models. They learn from past performance and user comments, consistently sharpening their articles age group functionality. Some AI social media content generators even supply customization options, helping you to fine-track the made content to line-up easily together with your brand's color, type, and beliefs.

Greatest Practices: Harmonizing AI and Man Touch (Phrase Count up:

4.1 The Combination of Individual Creativity:

Whilst AI social media content generators are effective allies, the essence of individual creativeness should never be forsaken. Take advantage of the created information being a firm foundation, a springboard for the creative soul. Infuse it along with your personaltouch and creativity, and unique points of views, respiration life into the articles and imparting it having an authenticity that resonates with your target audience.

4.2 The Power of Regular Evaluation and Optimizing:

AI algorithms, although remarkably wise, may not usually understand the complexities of your own potential audience properly. Regularly review the produced information, meticulously great-adjusting and refining it to ensure it aligns harmoniously with the company recommendations. Make it clean, interesting, and tailored to your audience's desires.

4.3 Embrace the Pulse of News and Trends:

To genuinely uncover the potential for AI social media content generators, keep attuned for the at any time-switching tides of styles and reports within your sector. By immersing yourself in the currents of knowledge, you guide the AI algorithms, ensuring the content they generate remains relevant and timely, captivating your audience's attention.

Conclusion (Expression Count:

The dawn of AI social media content generators heralds a paradigm shift in how businesses and individuals method social media marketing and advertising. These technological marvels improve content material development, save time and assets, and provide individualized, engaging content material. Accept this emerging trend, striking a harmonious balance among automation and human being resourcefulness. With AI social media content generators when your trustworthy allies, your quest to have an indomitable social media appearance shall be crowned with achievement.

[sueheaven]

Fraud Analytics Software Market Outlook: World Approaching Demand & Growth Prospect 2022-2027

A Latest intelligence report published by AMA Research with title "Global Fraud Analytics Software Market Outlook to 2027. This detailed report on Fraud Analytics Software Market provides a detailed overview of key factors in the Global Fraud Analytics Software Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development.

Fraud analytics software, is a hybrid approach to fraud detection and prevention, uses numerous techniques such as advanced analytics with embedded machine learning, artificial intelligence (AI) and combined with traditional detection method to identify more suspicious activity and unknown patterns. Moreover, it analyse each transaction in real time, and searching for unusual patterns that may suggest fraudulent behavior and stopping transactions before fraud can occur, as well as evolve and adapt over time. Major Players in this Report Include are:

IBM (United States)

FICO (United States)

Oracle (United States)

SAS Institute (United States)

BAE Systems (United Kingdom)

DXC Technology (United States)

SAP (Germany)

ACI Worldwide (United States)

Fiserv (United States)

ThreatMetrix (United States) Market Drivers: Increasing Use of Electronic Transactions

Rising Revenue Losses Due to Frauds

Increase in the Frequency and Sophistication of Cyber Frauds and Attacks Market Trend: Increasing Use of Big Data Analytics and Artificial Intelligence in Fraud Detection

Introduction of Hybrid Analytical Techniques Opportunities: Several Government Initiatives in the Use of Digital Technologies and Digital Banking for Payments

The Global Fraud Analytics Software Market segments and Market Data Break Down by Type (Predictive Analytics Software, Customer Analytics Software, Social Media Analytics Software, Big Data Analytics Software, Behavioral Analytics Software), Application (Telecommunication, Government/Public sector, Healthcare, Real Estate, Energy and Power, Manufacturing, Others), Organization Size (SMEs Enterprises, Large Enterprises), Deployment Type (Cloud, On-premises)

Geographically World Fraud Analytics Software markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Fraud Analytics Software markets will drive growth in the North American market over the next few years.

Presented By

AMA Research & Media LLP

[waaaiz]

AR and VR Market Research Report

The GMI Research forecasts that the AR and VR market is witnessing an upsurge in demand over the forecast period. This is mainly due to the growing penetration of smartphones and connected devices in several applications and technological development in the gaming industry.

Introduction of the AR and VR Market:

Augmented Reality (AR) and Virtual Reality (VR) refer to technologies that visualize virtual surroundings using a device or over a surface/platform. Digital information is implemented in augmented reality with the consumer's environment in real-time. It is an improved version of the real physical world using visual elements, sound, or other sensory stimuli. Virtual Reality (VR) refers to an artificial environment and designed with software that, when presented to the consumer, they accept it as a real environment. Virtual reality is majorly experienced through two sights and sounds. 3D-movies that require 3D glasses is an appropriate example of VR.

Request a FREE sample of this report: https://www.gmiresearch.com/report/augmented-reality-and-virtual-reality-market/sample-request

AR and VR Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The major factor surging the growth of the augmented and virtual reality market at a global level include the growing penetration of smartphones and connected devices in several applications and technological development of the gaming industry. Moreover, the strong demand for augmented reality and virtual reality in the retail and e-commerce industry further drives market growth. The growing demand for augmented reality devices in healthcare for patient care management & medical training as well as in education and in retail/e-commerce as the trend of online shopping is boosting the growth of the market. In addition to this, the factor bolstering the growth of the AR and VR market include rising investment and funding in virtual reality and augmented reality by tech giants for the expansion of virtual reality and augmented reality solutions.

The emerging trends of smart manufacturing, increasing use of virtual reality in aerospace & defense for training and simulation purpose, strong demand of augmented reality in architecture, growing penetration of head mount in gaming, healthcare, and architecture application, followed by integration of Artificial Intelligence (AI) & Machine Learning (ML) are some other factors contributing to the growth of the AR and VR market share in terms of revenue in the upcoming years. On the other hand, the factors hindering the market growth include processing power, lack of user interface, limited storage of augmented reality devices, and health concern owing to low resolution and security concerns.

Key Players of the Global AR and VR Market:

·        Google LLC

·        Microsoft Corporation

·        Oculus VR

·        Samsung Electronics

·        Sony Corporation

·        HTC Corporation

·        Magic Leap, Inc.

·        Wikitude GmbH

·        PTC Inc.

·        DAQRI

·        Apple Inc.

AR and VR Market Segmentation:

Segmentation by Offering:

·        Hardware

o   Sensors

§  Accelerometer

§  Gyroscope

§  Magnetometer

§  Proximity Sensor

o   Semiconductor Component

§  Controller and Processor

§  Integrated Circuits

o   Displays and Projectors

o   Position Trackers

o   Cameras

o   Others

·        Software

o   AR Software

§  AR Remote Collaboration

§  Workflow Optimization

§  Documentation

§  Visualization

§  3D Modeling

§  Navigation

o   VR Content Creation

Segmentation by Device Type:

·        Augmented Reality Devices

o   Head-Mounted Display

§  AR Smart Glasses

§  Smart Helmets

o   Head-Up Display

o   Handheld Device

·        Virtual Reality Devices

o   Head-Mounted Display

o   Gesture-Tracking Device

§  Data Gloves

§  Others

o   Projector & Display Wall

Segmentation by Application:

·        Augmented Reality Applications

o   Consumer

§  Gaming

§  Sports & Entertainment

·        Entertainment Applications

·        Museums (Archaeology)

·        Theme Parks

·        Art Gallery & Exhibitions

o   Commercial

§  Tourism & Sightseeing

§  E-Learning

§  Retail & E-Commerce

·        Jewelry

·        Beauty & Cosmetics

·        Apparel Fitting

·        Furniture & Lighting Design

·        Grocery Shopping

·        Footwear

o   Enterprise

o   Healthcare

o   Aerospace & Defense

o   Energy

o   Automotive

o   Others

·        Virtual Reality Applications

o   Consumer

§  Gaming and Entertainment

·        Sports

o   Commercial

§  Retail

§  Education and Training

§  Travel and Tourism

§  Advertising

o   Enterprise

o   Healthcare

§  Surgery

§  Patient Care Management

§  Fitness Management

§  Pharmacy Management

§  Medical Training and Education

o   Aerospace & Defense

o   Others

§  Automotive

§  Real Estate

§  Geospatial Mining

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com

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[kryptongasmarket]

Global Context Aware Computing (CAC) Market To Be Driven At A CAGR Of 25% In The Forecast Period Of 2021-2026

 The new report by Expert Market Research titled, ‘Global Context Aware Computing (CAC) Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global context aware computing (CAC) market, assessing the market based on its segments like type, vendor, context type, network, product, industry verticals, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2021-2026)

Historical Market Size (2020): USD 49 Billion

Forecast CAGR (2021-2026): 25%

Forecast Market Size (2026): USD 187 Billion

The growth of global context aware computing (CAC) market is driven by the developments in wireless communication technology. The increasing utilisation is smart phones and mobile computing devices are driving the growth. Additionally, the growing popularity and advancement of wearable IoT devices such as smart watches are aiding the growth. Further, the developments in virtual reality (VR) and artificial intelligence (AI) technologies will bolster the growth of CAC market in the forecast period.

Industry Definition and Major Segments

Context Aware Computing (CAC) refers to computing patterns that considers situational knowledge about objects and their environments, individuals, and locations for providing situation-centric functions and content. This computing pattern is specifically concerned with forecasting criteria that are supported by real patterns. CAC aids in rapid decision-making at both the individual and organisational levels. CAC comprises of cloud, big data, and mobile technology.

On the basis of type, CAC can be divided into:

Hardware

Software

Services

CAC can be divided on the basis of vendor into:

Device Manufacturers

Mobile Network Operators

Online, Web, and Social Networking Vendors

On the basis of context type CAC can be segmented into:

Computing Context

User Context

Physical Context

Time Context

CAC can be bifurcated on the basis of networks into:

Wireless Cellular Networks

Wireless Local Area Networks (LAN)

Wireless Personal Area Networks (PAN)

Body Area Network (BAN)

On the basis of products, CAC can be segmented into:

Active Maps

Adaptive Phones

Augmented Reality and Guide Systems

Conference Assistants

Cyberguides

Fieldwork

Shopping Assistants

Others

On the basis of industry verticals, the market can be divided into:

Academia and Education

Banking, Financial Services and Insurance (BFSI)

Consumer Goods and Retail

Energy and Power

Gaming

Healthcare

Logistics and transportation

Manufacturing

Others

On the basis of regional markets, the industry is divided into:

1 North America 1.1 United States of America 1.2 Canada 2 Europe 2.1 Germany 2.2 United Kingdom 2.3 France 2.4 Italy 2.5 Others 3 Asia Pacific 3.1 China 3.2 Japan 3.3 India 3.4 ASEAN 3.5 Others 4 Latin America 4.1 Brazil 4.2 Argentina 4.3 Mexico 4.4 Others 5 Middle East & Africa 5.1 Saudi Arabia 5.2 United Arab Emirates 5.3 Nigeria 5.4 South Africa 5.5 Others

Market Trends

Regionally, North America is the largest shareholder in global CAC market, owing to its dominance in AI and machine learning technologies. Additionally, the presence of key market players in USA and increasing adoption of AI and ML is expected to drive the regional market. The region is home to top users and integrators of context-aware computing technology. Further, increasing integration of smart wearables into IoT devices, driven by the adoption of smart homes will aid the growth. Meanwhile Asia Pacific is expected to show rapid growth over the forecast period, owing to its developing industrial and technical infrastructure in emerging economies such as India and China.

Key Market Players

The major players in the market are IBM Corp, Microsoft Corporation, Cisco Systems Inc., Google LLC, Oracle Corporation, Amazon Web Services Inc., and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: Claight corporation  Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A. Email: sales@expertmarketresearch.com Toll Free Number: +1-415-325-5166 | +44-702-402-5790 Address: 30 North Gould Street, Sheridan, WY 82801, USA City: Sheridan State: Wyoming Country: United States Website: https://www.expertmarketresearch.com

We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

[tastydregs]

Nvidia’s AI-powered supercomputers advance nuclear fusion research

The most powerful supercomputers on the planet are used to perform all manner of complex operations. Increasingly, they are used to enable artificial intelligence for research that could one day impact billions of people.

The world’s fastest and most powerful high-performance computing (HPC) supercomputers are front and center at the International Supercomputing Conference (ISC) which runs from May 29 to June 2 in Hamburg, Germany. As part of the ISC event, Nvidia will provide insight about its latest HPC systems and the use cases they enable.

“HPC plus AI is really the transformational tool of scientific computing,��� Dion Harris, lead technical product marketing manager for accelerated computing, said in a media briefing ahead of ISC. “We talk about exascale AI because we do believe that this is going to be one of the key pivotal tools to drive scientific innovation and any data center that’s building a supercomputer needs to understand how their system will perform from an AI standpoint.”

U.S-based Grace Hopper superchip supercomputer coming to Los Alamos National Laboratory

Nvidia first announced its Grace ARM-based CPUs in April 2021, with a goal of including them in HPC deployments. The goal is now coming to fruition.

At ISC 2022, Nvidia is announcing that Los Alamos National Laboratory and Hewlett Packard Enterprise (HPE) are building Venado, which is the first U.S. based supercomputer to use the Grace chip architecture.

The Venado supercomputer uses a combination of Grace and Grace Hopper superchips, in a system that is expected to deliver 10 exaflops of AI performance. The Venado system will be used for material science, renewable energy, as well as energy distribution research.

Nvidia-powered AI enables brain imaging research

Brain imaging is among the HPC and AI use cases  Nvidia is announcing at ISC 2022.

King’s College of London is using the Nvidia powered Cambridge-1 system, which is the most powerful supercomputer in the United Kingdom, along with the open-source Monai AI framework that is optimized for medical imaging use cases. 

The powerful hardware and AI software has been used to produce the world’s largest database of synthetic brain images.

The reason that is important is the amount of AI-driven research to identify conditions such as Alzheimer’s or dementia, Harris explained. “But in order to train those models, you need large databases,” he said. 

There are many privacy concerns when using real patient data, which is why it’s important for researchers to have access to synthetic data, he added.

“This is a true example of HPC not just delivering speeds and feeds, but really making real contributions to the scientific and research community,” Harris said.

Modeling a nuclear fusion reactor

As people around the world try to find solutions to the challenges of global warming, one of the primary strategies is to identify renewable energy sources. 

One such source could be nuclear fusion reactors. Today’s nuclear reactors are fission-based and generate radioactive waste. The promise of fusion is that it can deliver large amounts of energy, without the same waste as fission.

At ISC 2022, Nvidia is announcing that the U.K. Atomic Energy Authority (AEA) is using the Nvidia Omniverse simulation platform to accelerate the design and development of a full-scale fusion reactor.

“With the Nvidia Omniverse, researchers could potentially build a fully functioning digital twin of a reactor, helping ensure the most efficient designs are selected for construction,” Harris said.

The goal for Omniverse and the digital twin is to have an AI-generated replica of the fusion reactor system. The U.K. AEA is also planning to simulate the physics of the Fusion plasma containment itself. The simulation will be done with the Nvidia Modulus AI-physics framework to actually model how the fusion reaction and its containment can occur.

“The holy grail of fusion energy is being able to not just create a fusion reaction, but have it be sustainable,” Harris said. “We really think this will be a path towards sustainable energy.”

[samarthj]

Modular Data Center Market Size, Industry Share and Growth Rate 2027

The global modular data center market size is expected to gain momentum by reaching USD 65.55 billion while exhibiting a CAGR of 19.0% between 2020 and 2027. This is attributable to the growing adoption of advanced technologies such as cloud and artificial intelligence (AI) by the SMEs that drives the demand for innovative modular data centers globally. This information is published by Fortune Business Insights, in its latest report, titled, “Modular Data Center Market Size, Share & COVID-19 Impact Analysis, By Component (Function Module Solutions, and Services), By Application (Emergency Data Storage, Temporary Storage Expansion, Disaster Recovery, Edge Computing and Others), By Data Center Size (Small and Medium Data Center, and Large Data Center), By Industry (BFSI, IT & Telecom, Government, Healthcare, Media & Entertainment, Others) and Regional Forecast, 2020-2027.” The report further mentions that the market stood at USD 16.56 billion in 2019.

List of the Companies Profiled in the Global Market:

· IBM Corporation (California, United States)

· CommScope Inc. (North Carolina, United States)

· Dell, Inc. (Texas, United States)

· HPE Company (California, United States)

· Baselayer Technology LLC (Arizona, United States)

· Vertiv Co. (Ohio, United States)

· Diversitec, Inc. (Virginia, United States)

· Iron Mountain Corporation (Massachusetts, United States)

· Rahi Systems (California, United States)

· Rittal GmbH & Co. KG, (Herborn, Germany)

· Schneider Electric SE (Rueil-Malmaison, France)

· Cannon Technologies Ltd (Hampshire, United Kingdom)

· Stulz GmbH (Hamburg, Germany)

· Instant Data Centers LLC (Arizona, United States)

· Colt Group SA (London, United Kingdom)

· Bladeroom Group Ltd. (United Kingdom)

· Huawei Technologies Co., Ltd. (Shenzhen, China)

· ZTE Corporation (Shenzhen, China)

DRIVING FACTORS

Growing Adoption of Cloud-based Services to Augment Growth

The generation of large amounts of data is propelling the companies to develop advanced solutions to store and maintain it efficiently. The growing adoption of cloud-based tools and applications provides the government and key players to centralize, compute, improve operational efficiency, and reduce the overall energy consumption. This further enables the companies to cater to the changing needs for critical IT power. Therefore, the adoption of cloud-based solutions and services is expected to contribute to the growth of the global market during the forecast period.

REGIONAL INSIGHTS

North America to Remain Dominant; Increasing Investments to Aid Growth

Among all the regions, North America is expected to hold the highest position in the global modular data center market. This is attributable to the increasing investments by the government and key players to develop prefabricated modular data centers in the region. North America stood at USD 5.69 billion in 2019.

The market in Asia-Pacific is expected to experience a substantial growth backed by the rising number of SMEs and startups in countries such as India and China between 2020 and 2027.

COMPETITIVE LANDSCAPE

Investment in R&D Activities by Major Companies to Expand Their Product Portfolio

The global modular data center market comprises several companies trying to leverage the opportunities by investing in R&D activities to develop advanced modular data centers to cater to the growing demand from enterprises. Additionally, the major companies are adopting strategies such as merger and acquisition, partnership, and collaboration to maintain their presence that will bode well for the growth of the market.

Industrial Development:

· January 2019 – GI Partners announced the purchase of two modular data centers from NTT Data and further plan to invest in the development of technological infrastructures. The company aim to strengthen its position in the global marketplace.

[gmiresearch]

Augmented Reality and Virtual Reality Market Research Report

Augmented Reality (AR) and Virtual Reality (VR) Market

The GMI Research's latest analysis reveals that the Augmented Reality (AR) and Virtual Reality (VR) Market is slated to register a significant CAGR. This is attributed to the rising penetration of smartphones and connected devices in several applications and technological development of the gaming sector, and the strong demand for augmented reality and virtual reality in the e-commerce and retail sector.

Request for a FREE Sample Report on Augmented Reality (AR) and Virtual Reality (VR) Market

Augmented Reality (AR) and Virtual Reality (VR) Market’s leading Manufacturers:

·         Google LLC

·         Microsoft Corporation

·         Oculus VR

·         Samsung Electronics

·         Sony Corporation

·         HTC Corporation

·         Magic Leap, Inc.

·         Wikitude GmbH

·         PTC Inc.

·         DAQRI

·         Apple Inc.

Augmented Reality (AR) and Virtual Reality (VR) Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)

Key Drivers

The global augmented reality and virtual reality market is predicted to witness an upsurge in demand over the forecast period due to the rising penetration of smartphones and connected devices in numerous applications and technological development of the gaming sector. As per augmented and virtual reality market report, the strong demand for augmented reality and virtual reality in the e-commerce and retail sectors will further surge the growth of the augmented and virtual reality market size. The growing demand for augmented reality devices in healthcare for patient care management & medical training and education, and in e-commerce/retail as there is an upsurge in the trend of online shopping is driving the growth of the market. The growth in penetration of head-mount displays in the entertainment and gaming industry, easy availability of affordable virtual reality devices, and rapid digitalization are fuelling the growth of the market. According to the augmented and virtual reality market analysis, the increasing investment and funding in virtual and augmented reality by tech companies for the development of virtual and augmented reality solutions is further anticipated to stimulate the growth of the market. The emerging trends of smart manufacturing, growing penetration of head mount in gaming, healthcare, and agriculture application, strong demand for augmented reality in architecture, and the rising usage of virtual reality in aerospace & defense for training and simulation purpose and incorporation of Artificial Intelligence (AI) & Machine Learning (ML) are certain factors that are projected to drive the growth of the augmented reality and virtual reality market in the coming years. According to the augmented and virtual reality market forecast, the factors hindering the growth of the market include limited storage of augmented reality devices, processing power, restricted user interface, and health concern owing to low resolution and security concerns will hinder the growth of the market.

Device Type Segment Drivers

Based on device type, the head-up display is predicted to grow at a higher CAGR over the forecast period due to the increasing application of head mount display in the automotive and aerospace & defense industries for training purposes. Head-up displays are translucent displays that represent information close to the drivers' outside view. It enhances the level of driving safely, monitors the vehicle speed and performance & navigating to the destination. The intuitive display improves features, and dynamic real-time data to the driver are further boosting the market growth during the forecast period.

Offering Segment Drivers

Based on the offering, the hardware is predicted to dominate the market due to the growing use of virtual reality and augmented reality devices for aerospace & defense, training and development in education, and gaming & entertainment.

Augmented Reality (AR) and Virtual Reality (VR) Market Segmentation:

Segmentation by Offering:

·         Hardware

o   Sensors

§  Accelerometer

§  Gyroscope

§  Magnetometer

§  Proximity Sensor

o   Semiconductor Component

§  Controller and Processor

§  Integrated Circuits

o   Displays and Projectors

o   Position Trackers

o   Cameras

o   Others

·         Software

o   AR Software

§  AR Remote Collaboration

§  Workflow Optimization

§  Documentation

§  Visualization

§  3D Modeling

§  Navigation

o   VR Content Creation

Segmentation by Device Type:

·         Augmented Reality Devices

o   Head-Mounted Display

§  AR Smart Glasses

§  Smart Helmets

o   Head-Up Display

o   Handheld Device

·         Virtual Reality Devices

o   Head-Mounted Display

o   Gesture-Tracking Device

§  Data Gloves

§  Others

o   Projector & Display Wall

Segmentation by Application:

·         Augmented Reality Applications

o   Consumer

§  Gaming

§  Sports & Entertainment

·         Entertainment Applications

·         Museums (Archaeology)

·         Theme Parks

·         Art Gallery & Exhibitions

o   Commercial

§  Tourism & Sightseeing

§  E-Learning

§  Retail & E-Commerce

·         Jewelry

·         Beauty & Cosmetics

·         Apparel Fitting

·         Furniture & Lighting Design

·         Grocery Shopping

·         Footwear

o   Enterprise

o   Healthcare

o   Aerospace & Defense

o   Energy

o   Automotive

o   Others

·         Virtual Reality Applications

o   Consumer

§  Gaming and Entertainment

·         Sports

o   Commercial

§  Retail

§  Education and Training

§  Travel and Tourism

§  Advertising

o   Enterprise

o   Healthcare

§  Surgery

§  Patient Care Management

§  Fitness Management

§  Pharmacy Management

§  Medical Training and Education

o   Aerospace & Defense

o   Others

§  Automotive

§  Real Estate

§  Geospatial Mining

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com

[famousobservationbouquetme]

Plastic-Coated Wires Market - Regional Analysis, Demand, Share, Growth and Forecast 2023

Overview:

Global Plastic-Coated Wires Market is set to touch USD 5,501.7 million by 2023, at a CAGR of 6.28% from 2018 to 2023 (forecast period), according to Market Research Future (MRFR).

The market for Plastic-Coated Wires is positively influenced by the combination of factors like the growing demand in power generation as well as telecommunication. Also, rapid urbanization and infrastructure spending along with the increase in transmission grid capacity is exhibited to bore well with the market for Plastic-Coated Wires in the coming years.

Apart from these factors, favorable government initiatives in the housing sector are striving to offer growth opportunities to the industry players. In addition, the elevating demand for efficient energy and data communication in tier-2 and tier-3 cities is set to give way to the market growth in the coming years. On the flip side, fluctuations in the prices of raw materials like synthetic polymers could be threaten the plastic-coated wires market growth. However, the restraining factor could be overcome by the production of bio-based or green plastic-coated wires.

Competitive Dashboard:

The Leading Companies mentioned in the Plastic-Coated Wires Market Report include Wire Works Friedr. Lötters GmbH & Co. KG (Germany), Gavitt Wire & Cable Company, Inc. (US), Von Roll Holding AG (Switzerland), Precision Wires (India), American Spring Wire Corporation (US), Carl Stahl Sava Ind. (US), BetafenceNV (Belgium), KTS Wire Ltd (UK), Loos &Co. Inc. (US), Bekaert (Belgium), Haver & Boecker OHG (Germany), Dr.-Ing. Meywald GmbH & Co. KG (Germany) among others. Mergers, alliances, along with ventures are strategical moves that are taken by players in order to gain a considerable share of the market.

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Segmentation Analysis:

By the Type of Coating, the Global Plastic-Coated Wires Market is segmented into polyvinyl chloride (PVC), polyethylene (PE), polyethylene terephthalate (PET), polyamide (PA), among others. Among these, the polyvinyl chloride (PVC) segment held the largest market share of 59.0% in 2017 and is expected to remain dominant throughout the forecast period with a market share of 59.3% in 2023. The growing need for affordable as well as high-performance PVC coating materials in wires is presumed to drive the demand during the review period. Close on its heels is the polyethylene (PE) segment which was the second-largest market with the share of 21.2% in 2017 and is deemed to clock in the highest CAGR of 7.02% during the review period. This growth can be credited to its lower cost compared to other types of coated wires. It can command a demand close to 1,213 kilotons by 2023.

Substrate-wise, the Plastic-Coated Wires Market has been segmented on the basis of rounded copper wires, rounded stainless-steel wires, rounded carbon wires, and others. The rounded copper wires segment accounted for the largest market share of 47.3% in 2017 and is expected to remain dominant during the forecast period with a projected market share of 49.3% in 2023. The rounded stainless-steel wires market accounted for the second-largest market share of 23.8% in 2017. It can generate revenue at 5.49% CAGR over the forecast period.

Based on Application, the Plastic-Coated Wires Market has been segmented into medical instruments, machine tools electrical appliances, and equipment, chain and brush, printing and paper, weaving wire, and others. The electrical appliances segment managed to accrue a 52.4% market share with a value of USD 2,009.5 million in 2017 and bound to reach USD 2,995.6 million by 2023. The segment growth is the result of the expanding e-commerce business as well as the elevation in the spending on consumer electronics. Going forward, the growth of the real estate sector coupled with the strong presence of retail stores that provide electronics and textiles have been profitable for the market. In addition, the growing use of plastic-coated wires for manufacturing automotive interiors wires is presumed to augment the product demand. Lastly, the growing need for lighter automobiles for improved fuel efficiency and the increasing production of hybrid and electric cars are slated to work in favor of the plastic-coated wires market.

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Regional Analysis:

Region-wise, the Plastic-Coated Wires Market covers Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. The market in Asia Pacific accounted for a 39.4% share whereas the region of Europe captured the market share of 29.7% among all the regions.

The market in Asia Pacific had reached the value of USD 1,512.7 million in 2017. The regional market is anticipated to reach the value of USD 2,304.7 million by the end of 2023. The reasons behind the tremendous expansion of the market in the region are the burgeoning population and the subsequent increasing rate of urbanization.

Whereas the market in Europe was worth USD 1,140.8 in 2017, with an estimated value of USD 1,543.3 by 2023. The market in the region is flourishing on account of the massive contribution of various countries such as United Kingdom, Germany, France among others. Other factors backing the strong growth of the market include evolving application requirements like artificial intelligence (AI) capabilities, long battery life, and biometrics.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com

[letsmarketresearchstore]

Plastic Coated Wires Market Share, Industry Size, Demand and Forecast 2023

Plastic-coated Wires Market Research Report: by Coating (Poly Vinyl Chloride, Polyethylene, Polyethylene Terephthalate, Polyamide, Others), by Substrate (Rounded Copper Wires, Rounded Stainless-Steel Wires, Rounded Carbon Wires, Others), by Application (Electrical Appliances, Machine Tools & Equipment, Medical Instruments, Printing & Paper, Chain & Brush, Weaving Wire, Others), and Region - Forecast to 2023

Top Key Companies:

Cable Company, Inc. (US), Von Roll Holding AG (Switzerland), Precision Wires (India), American Spring Wire Corporation (US), Carl Stahl Sava Ind. (US), BetafenceNV (Belgium), KTS Wire Ltd (UK), Loos &Co. Inc. (US), Bekaert (Belgium), Haver & Boecker OHG (Germany), Dr.-Ing. Meywald GmbH & Co. KG (Germany) among others. Mergers, alliances, along with ventures are strategical moves that are taken by players in order to gain a considerable share of the market.

Overview:

Plastic-Coated Wires Market is set to touch USD 5,501.7 million by 2023, at a CAGR of 6.28% from 2018 to 2023 (forecast period), according to Market Research Future (MRFR).

The market for plastic-coated wires is positively influenced by the combination of factors like the growing demand in power generation as well as telecommunication. Also, rapid urbanization and infrastructure spending along with the increase in transmission grid capacity is exhibited to bore well with the market for plastic-coated wires in the coming years.

Apart from these factors, favorable government initiatives in the housing sector are striving to offer growth opportunities to the industry players. In addition, the elevating demand for efficient energy and data communication in tier-2 and tier-3 cities is set to give way to the market growth in the coming years. On the flip side, fluctuations in the prices of raw materials like synthetic polymers could be threaten the plastic-coated wires market growth. However, the restraining factor could be overcome by the production of bio-based or green plastic-coated wires.

Segments:

By the type of coating, the global plastic-coated wires market is segmented into polyvinyl chloride (PVC), polyethylene (PE), polyethylene terephthalate (PET), polyamide (PA), among others. Among these, the polyvinyl chloride (PVC) segment held the largest market share of 59.0% in 2017 and is expected to remain dominant throughout the forecast period with a market share of 59.3% in 2023. The growing need for affordable as well as high-performance PVC coating materials in wires is presumed to drive the demand during the review period. Close on its heels is the polyethylene (PE) segment which was the second-largest market with the share of 21.2% in 2017 and is deemed to clock in the highest CAGR of 7.02% during the review period. This growth can be credited to its lower cost compared to other types of coated wires. It can command a demand close to 1,213 kilotons by 2023.

Substrate-wise, the plastic-coated wires market has been segmented on the basis of rounded copper wires, rounded stainless-steel wires, rounded carbon wires, and others. The rounded copper wires segment accounted for the largest market share of 47.3% in 2017 and is expected to remain dominant during the forecast period with a projected market share of 49.3% in 2023.

The rounded stainless-steel wires market accounted for the second-largest market share of 23.8% in 2017. It can generate revenue at 5.49% CAGR over the forecast period.

Based on application, the plastic-coated wires market has been segmented into medical instruments, machine tools electrical appliances, and equipment, chain and brush, printing and paper, weaving wire, and others. The electrical appliances segment managed to accrue a 52.4% market share with a value of USD 2,009.5 million in 2017 and bound to reach USD 2,995.6 million by 2023.

The segment growth is the result of the expanding e-commerce business as well as the elevation in the spending on consumer electronics. Going forward, the growth of the real estate sector coupled with the strong presence of retail stores that provide electronics and textiles have been profitable for the market. In addition, the growing use of plastic-coated wires for manufacturing automotive interiors wires is presumed to augment the product demand. Lastly, the growing need for lighter automobiles for improved fuel efficiency and the increasing production of hybrid and electric cars are slated to work in favor of the plastic-coated wires market.

Regions:

Region-wise, the plastic-coated wires market covers Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. The market in Asia Pacific accounted for a 39.4% share whereas the region of Europe captured the market share of 29.7% among all the regions.

The market in Asia Pacific had reached the value of USD 1,512.7 million in 2017. The regional market is anticipated to reach the value of USD 2,304.7 million by the end of 2023. The reasons behind the tremendous expansion of the market in the region are the burgeoning population and the subsequent increasing rate of urbanization.

Whereas, the market in Europe was worth USD 1,140.8 in 2017, with an estimated value of USD 1,543.3 by 2023. The market in the region is flourishing on account of the massive contribution of various countries such as United Kingdom, Germany, France among others. Other factors backing the strong growth of the market include evolving application requirements like artificial intelligence (AI) capabilities, long battery life, and biometrics

[nikitamanwar]

Augmented Reality (AR) and Virtual Reality (VR) Market Expected to Secure Notable Revenue Share During 2020-2027

GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study.

List of Significant Manufacturers in the Augmented Reality (AR) and Virtual Reality (VR) Market include:

Google LLC

Microsoft Corporation

Oculus VR

Samsung Electronics

Sony Corporation

HTC Corporation

Magic Leap, Inc.

Wikitude GmbH

PTC Inc.

DAQRI

Apple Inc.

Augmented Reality (AR) and Virtual Reality (VR) Market Drivers and Restraints:

Growing in penetration of smartphones and connected devices in several application and technological development of the gaming industry are some drivers boosting the growth of the augmented and virtual reality market across the globe. Moreover, the increasing demand for augmented reality and virtual reality in the retail and e-commerce industry is further surging the market growth. Increasing demand for augmented reality devices in healthcare for patient care management & medical training and education, along with in retail/e-commerce as trend of online shopping is increasing, thereby leading to market growth. Rising penetration of head-mount displays in the gaming and entertainment sector, followed by growing digitalization, and availability of affordable virtual reality devices are fuelling the virtual reality market growth.

Increasing investment and funding in virtual reality and augmented reality by tech giants for the development of virtual reality and augmented reality solutions is further accelerating the global market growth. Growing trends of smart manufacturing, rising demand of augmented reality in architecture, increasing penetration of head mount in gaming, healthcare, and architecture application, along with rising use of virtual reality in aerospace & defense for training and simulation purpose, followed by integration of Artificial Intelligence (AI) & Machine Learning (ML) are projected to bolster the growth of the market over the forecast period. On the other hand, processing power, limited user interface, less storage of augmented reality devices, and health concern owing to low resolution and security concerns are hindering the market growth.

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Segmentation: Augmented Reality (AR) and Virtual Reality (VR) Market

Augmented Reality (AR) and Virtual Reality (VR) Market: By Offering

Hardware

Software

Sensors

Semiconductor Component

Displays and Projectors

Position Trackers

Cameras

Others

Accelerometer

Gyroscope

Magnetometer

Proximity Sensor

Controller and Processor

Integrated Circuits

AR Software

VR Content CreationOthers

AR Remote Collaboration

Workflow Optimization

Documentation

Visualization

3D Modeling

Navigation

Augmented Reality (AR) and Virtual Reality (VR) Market: By Device Type

Augmented Reality Devices

Virtual Reality Devices

Head-Mounted Display

Head-Up Display

Handheld Device

AR Smart Glasses

Smart Helmets

Head-Mounted Display

Gesture-Tracking Device

Projector & Display Wall

Data Gloves

Others

Augmented Reality (AR) and Virtual Reality (VR) Market: By Application

Augmented Reality Applications

Consumer

Gaming

Sports & Entertainment

Commercial

Virtual Reality Applications

Entertainment Applications

Museums (Archaeology)

Theme Parks

Art Gallery & Exhibitions

Tourism & Sightseeing

E-Learning

Retail & E-Commerce

Enterprise

Healthcare

Aerospace & Defense

Energy

Automotive

Others

Jewelry

Beauty & Cosmetics

Apparel Fitting

Furniture & Lighting Design

Grocery Shopping

Footwear

Consumer

Gaming and Entertainment

Commercial

Enterprise

Healthcare

Aerospace & Defense

Others

Sports

Retail

Education and Training

Travel and Tourism

Advertising

Surgery

Patient Care Management

Fitness Management

Pharmacy Management

Medical Training and Education

Automotive

Real Estate

Geospatial Mining

Augmented Reality (AR) and Virtual Reality (VR) Market: By Region

North America

United States of America

Canada

Asia Pacific

China

Japan

India

Rest of APAC

Europe

United Kingdom

Germany

France

Spain

Rest of Europe

RoW

Brazil

South Africa

Saudi Arabia

UAE

Rest of the world (remaining countries of the LAMEA region) 

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