Daily Archives: March 27, 2017

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Diaper Market Analysis, Size, Share and Forecast to 2022

The global diaper market is expected to grow from an estimated $52.7 billion in 2015, and reach $76.5 billion by 2022, growing at a CAGR of 5.5% during 2016 – 2022. The increased awareness about personal hygiene and growing population, increasing number of women workforce, and introduction of eco-friendly biodegradable diapers are the key growth drivers for the global diaper market. The presence of untapped market for diapers and emergence of hybrid diapers are laying growth opportunities for the market, during the forecast period.

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Global Industry Insight: Mass Notification Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research

The mass notification system has attracted many industries, including facilities management, fire safety, health safety, and business continuity management (BCM). Currently, more than 60 vendors are operating in the mass notification market. The emergence of many regional level and small players has increased the competition in the market; however the blue chip companies still have an upper hand with their superior product offerings. The market of mass notification is still at a nascent stage, with a market penetration of about 20% – 30%.
Mass notification system is used for conveying real time critical information about the occurrence of any event. The use of mass notification service helps in minimizing human errors, rumors, distractions, and misinformation. The technological advancements in the mass notification system have opened up many new target industries, such as educational institutions and transportation. The mass notification system in educational institution facilitates circulation and supervision of notification to various endpoints.  The message distribution in the mass notification system can be achieved via web-based portal, mobile application, call centers, or web browser. The mass notification systems are used in emergency, business-context-based alerting, business operations notifications, public safety, and IT service alerting.
Based on the product type, the global mass notification services market can be broadly segmented as software, and services. On the basis of deployment type, the global mass notification market can be classified as On-Premises, and Hosted/On-Demand. Based on application, the global mass notification market can be broadly classified as emergency communication, disaster recovery, business operations, and public alert, and warning. On the basis of solution, the global mass notification services market can be broadly classified as in-building solutions, distributed recipient solutions, and wide area solutions. On the basis of industry verticals, the global mass notification services market can be classified as education, energy and power, healthcare, defense, governments, transportation and logistics, and others. The on demand/hosted mass notification services market is the largest and fastest growing segment.
The availability of sub-standard substitutes for public safety is acting as a major road block, for the wide adoption of the mass notification market. The sub-standard solution has grown up significantly in the recent years, owing to the absence of standard regulations for mass notification systems across the end users industries. However, the mass notification system in military and educational institutions is highly regulated, due to the criticality of the message and sensitive nature of operations. The growing need for crowd management, increasing security threats, in addition to growing market penetration of mass notification in business operations are driving the global mass notification market.
North America and Europe accounted for the largest market of mass notification in 2014. The stringent public safety norms, such as Standard for Educational and Psychological Testing (AERA), and Recommended Practice for Analysis, Design, Installation, and Testing of Basic Surface Safety Systems for Offshore Production Platforms (API RP 14C), along with large spending on homeland security in these regions, has led to their dominance in the mass notification market. Asia –Pacific is the fastest growing market for mass notification, owing to the up surging public awareness and increasing government expenditure on information and broadcasting in the developing countries. Country wise, the U.S., Canada, the U.K., Germany, China, India, Japan, France, Italy, and Brazil are some of the major mass notification markets.
Some of the competitors in the mass notification market are Eaton Corporation Pvt. Ltd., IBM Corporation, Everbridge Inc., Honeywell International Inc., Siemens AG, Omnilert LLC, Everbridge Inc., Xmatters Inc., and Mir3 Inc.
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Global Industry Insight: Maritime VSAT Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research

The expansion of cellular networks, terrestrial networks, satellite and coverage, and IP revolution in several regions has improved significantly. Ship owners, crew, managers, and officers need cost-effective communications that are easy to maintain, simple to operate, and function seamlessly around the world. Maritime VSAT facilitate real time internet broadband connectivity on a moving ship in sea for the convenience of these people.

The maritime VSAT market can be segmented on the basis of number of terminals, and technology. On the basis of the number of terminals, the global maritime VSAT market can be segmented into Ka-band, c-band, and Ku-band. On the basis of technology, the global maritime VSAT market can be divided into high throughput satellites (HTS), L-band, KU-band, and C-band.

Global Industry Insight: Managed Network Services Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research

The reduction in operational costs, enhancement of workforce skills, and flexibility in custom requirements are some of the growth drivers for the global network management services market. Themanaged network services market is witnessing accelerated growth, because of the penetration of technologies including cloud computing, mobility, and big data across different industry verticals. The enhanced customer satisfaction and business process efficiency and are some of the other growth driving factors for the global managed network services market during the forecast period. The managed network service is delivered in form of cloud infrastructure service or managed in-house, and installed by the service providers. From big data to hybrid cloud, e-commerce to hosting, managed network service providers facilitate the proper functioning of network in every organization. The emerging technologies, such as software defined networking (SDN) and internet of things (IoT) are expected to provide huge growth opportunities for the managed network services market in the near future.

Global Industry Insight: Machine-To-Machine (M2M) Market Size, Share, Development, Growth and Demand Forecast to 2020 By P&S Market Research

The global machine to machine (M2M) market is growing at a considerable rate due to the increasing adoption of machine to machine technology in telematics and telemetry related applications, users’ migration from second generation (2G) to third generation (3G) and fourth generation (4G) networks, and regulatory mandates. Growth of the connected car market, strategic partnerships with system integrators and emerging applications in different industries are expected to provide ample growth opportunities to the machine to machine market in the coming years.

Global Machine Translation Market Size, Share, Development, Growth and Demand Forecast to 2023 By P&S Market Research

Market Overview

Machine Translation (MT) refers to the software or system that uses source language as input and automatically converts it into the targeted language without human intervention. The translation of words by computer from one language to another is known as machine translation. Machine translation is commonly used for translating large amounts of data.   Several factors, including increasing accessibility of cloud computing technology, and adoption of post editing machine translation (PEMT) services, are likely to spearhead the global machine translation market. Europe has been the largest revenue contributor to the global market, whereas, North America is expected to be the fastest growing market in this industry, during the forecast period.

Market Dynamics

The global machine translation market is expected to reach $2,275.7 million by 2023. The growing volume of big data across the internet, increasing need for cost efficiency, and vast amount of knowledge exceeding the capacity of human translation are some other factors driving the growth of the global machine translation market. Moreover, statistical machine translation (SMT) technology is likely to spearhead the global market in near future. Cloud computing technology helps SMT to run in an effective manner, as it offers high processing power and enhanced storage capacity to the computer.
Based on the research, most of the consumers agree to pay more if the vendor communicates with them in their own language. It seems impossible to open the pathway for international trade without translation. With the increasing expansion of various organizations across the globe, the demand for multilingual communication system has been increasing. Many businesses, including automotive, healthcare and others, are expected to get huge benefits from the machine translation in near future.
Globalization increases the demand for resources that can translate the volume of content on daily basis. As machine translation is a cost-effective alternative for standard human translation, it is widely being adopted by various industry verticals. Initially, only large organizations were capable to integrate machine translation services because these services were expensive and labor-intensive. Recent developments, such as introduction to new machine translation techniques in the field of machine translation, has made these accessible to the whole spectrum of organizations.
As cloud is one of the most reliable, resilient and secure platforms, number of companies from several industry verticals, including healthcare, automotive and healthcare, are migrating their services to cloud. It is expected that the companies refusing to migrate their services to cloud will not be able to remain competitive. Moreover, cloud services offer enhanced storage capacity, and help machine translation technologies to run effectively. Due to enhanced storage capacity, cloud services enable machine translation to offer increased consistency across the entire text. Numerous companies are expected to introduce machine translation to expand their business operations across the globe. Machine translation is expected to benefit companies with competitive advantages. The early adopters of machine translation services are expected to grow faster than others.
Diversification of companies in the global market is increasing the number of potential buyers of translation services.Due to increment in the number of potential buyers, language service providers would need to incorporate faster turnaround times in their workflow, while keeping the translation quality and productivity levels high. Increasing demand for translation services is likely to boost the growth of the global machine translation market.
Growth Drivers
The factors driving the growth of the machine translation market include soaring demand for the post editing machine translation services. Recent developments in the global machine translation market include introduction of several approaches, such as SMT, rule-based machine translation (RBMT), example-based machine translation (EBMT), and hybrid machine translation (HMT). Compared to standard human translation, the quality of machine translation output has been considered poor, and the definition of poor varies, based upon the intended use of machine translation output. Poor output quality of machine translation acts as a barrier to its acceptance, while PEMT strategies help to overcome this barrier and improve the quality of machine translation. PEMT strategies follow three key activities – identification and categorization of output errors of machine translation (MT), application of post-editing techniques to MT output, and analysis of the resulting effect on the quality of MT, to raise the user acceptance level. All these factors collectively help to increase the acceptance of MT and support the growth of the global machine translation market.
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Good News For Manufacturers And Dealers Of Bus Seat In Market

The bus seat market is expected to be valued at USD 10.03 Billion by 2022, at a CAGR of 5.2% between 2016 and 2022. This market includes bus seats for different type of buses such as transit, coach, transfer, and others. The key drivers for the growth of this market include the rising demand for comfort and luxury, growing demand for advanced transportation, and increasing vehicle production.

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Hazardous Area Sensors Market Increasing Stringency of Government Legislations & Policies across the Globe

This report provides strategic analysis of the global Hazardous Area Sensors Market, and the growth forecast for the period 2015 to 2023. The scope of the report includes competitive analysis of various market segments based on the types, application industry, and in-depth cross-sectional scrutiny of the hazardous area sensors market across different geographical segments. Hazardous Area Sensors refer to sensors which have been developed for usage in potentially explosive environments. The growing importance for ‘Intrinsic Safety’ across various industry verticals is primarily driving growth of the hazardous area sensors market. Additionally, increasing stringency of government legislations and policies across the globe, governing hazardous area certified products, have been compelling users of hazardous area equipment to adhere to strict classification standards and certifications. This in turn is also steadily boosting growth of the global hazardous area sensors market. Furthermore, the renewed interest in shale gas and ‘coal gas’ has led to growing explorations for gas beds which in turn has aided in increased application of hazardous area sensors. Considering the positive impacts of the factors mentioned previously, the hazardous area sensors market can be anticipated to grow steadily during the forecast period.

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