Text-to-Speech Market Explores New Growth Opportunities – Business by 2022

According to the new research report "Text-to-Speech Market by Vertical (Healthcare, Enterprise, Consumer Electronics, Automotive & Transportation, Finance, Education, Retail), and Geography(Americas, Europe, Asia Pacific) - Global Forecast to 2022", the global text-to-speech market was valued at USD 1.30 Billion in 2016 and is expected to reach USD 3.03 Billion by 2022, at a CAGR of 15.21% between 2017 and 2022. Rising demand for handheld devices and increase in government spending for the education of differently abled persons are the major factors driving the demand for the text-to-speech technology.


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Consumer electronics vertical to hold the largest share of the text-to-speech market

Text-to-speech is widely used in smartphones for navigation and personal assistant apps. Laptops and televisions also use this technology to help blind and partially sighted people access the menu with the help of audible instructions. The consumer electronics vertical is one of the major application areas of the text-to-speech technology. According to the World Health Organization (WHO) Disability & Health report published in November 2016, over a billion people—about 15% of the world’s population—have some form of disability. Smartphones can help this group of people to live more independently. With text-to-speech, these people can easily communicate, seek assistance from others, and stay connected to the society.

Americas to hold the major share of the text-to-speech market during the forecast period

The Americas, which comprises the US, Mexico, Canada, and Brazil, among others, dominates the text-to-speech market in terms of geography. The US is expected to be the major contributor to the text-to-speech market in the Americas between 2017 and 2022. The increased adoption of machine learning in various end-user industries is driving the growth of the text-to-speech market in the Americas. The increased medical spending and government funding for education further contribute to the growth of this market in the region.

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The companies covered in the text-to-speech market are Nuance Communication (US), Microsoft Corporation (US), Sensory Inc. (US), LumenVox LLC (US), NeoSpeech (US), Amazon.Com (US), SESTEK (Turkey), iSpeech Inc. (US), TextSpeak (US), NextUp Technologies (US), Acapela Group (France), CereProc (Scotland), ReadSpeaker (Netherlands), Nexmo (US), and rSpeak (Netherlands).

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Water Quality Monitoring Market Explores New Growth Opportunities – Business Valued 4.69 Billion USD by 2025

The water quality monitoring market was valued at USD 2.95 Billion in 2015 and is expected to reach USD 4.96 Billion by 2025, growing at a CAGR of 4.54% between 2016 and 2025. The key opportunity for this market is the growing popularity of the smart city concept. Some of the key factors driving this market are the development of policies and initiatives to reduce environmental pollution level and growing industrial applications for water testing and analysis instruments.

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The key players in the water quality monitoring market are Horiba (Japan), General Electric Company (U.S.), Xylem, Inc. (U.S.), Danaher Corporation (U.S.), and Teledyne Technologies, Inc. (U.S.), among others.

Top 2 players in the water quality monitoring market

General Electric Company (GE) is the major market player that offers water testing and analysis solutions globally. GE has many divisions and market segments covering energy management, renewable energy, healthcare, and oil and gas, among others. GE has developed more advanced solutions on different application platforms and is actively launching them; for example, GE launched SaaS through a platform Predix, along with storm and sewer solutions and digital water plant solutions, to improve operational efficiencies. Owing to its brand value, GE has made several installations of water treatment solutions and quality systems at various sites across the world; for example, GE supplied its advanced wastewater treatment equipment for the Jingneng Zhuozhou coal-fired power plant in Zhuozhou, China. To have robust product portfolio, GE has made several partnerships in the field of water quality testing and monitoring; for example, GE partnered with American Water and MWH Global to optimize their SaaS-based single platform Predix to improve the water quality.

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Danaher Corporation is a major competitor in terms of healthcare and life sciences research. It invests a major amount in R&D to excel in the diagnostic and testing market. It provides environmental monitoring products through its wholly owned subsidiaries. To strengthen the product portfolio and increase its market share, it has undergone numerous mergers and acquisitions.

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

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Industrial PC Market Increasing Penetration of Iot Across Manufacturing Industries

According to MarketsandMarkets^TM Industrial PC Market by Hardware (Panel Industrial PC, Rack Mount IPC, Box IPC, Embedded Box IPC, Embedded Panel IPC and DIN Rail PC), Data Storage Media, Touchscreen Technology, Sales Channel, End-User Vertical, and Geography - Global Forecast to 2022", the industrial PC market is expected to be valued at USD 4.73 Billion by 2022, growing at a CAGR of 6.2% between 2016 and 2022.

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The growth in this market can be attributed to the increasing penetration of IoT across manufacturing industries, high R&D investments by the manufacturing companies to promote the adoption of industrial PCs, rising demand for energy-efficient manufacturing operations, and growing emphasis on regulatory compliances.

• ·         Industrial PC market for solid state data storage medium to grow at a high rate between 2016 and 2022
• ·         Market for capacitive touchscreen technology-based IPCs likely to grow at a high rate in the coming years
• ·         Direct sales considered as the most preferred sales channel and likely to continue its dominance during the forecast period
• ·         Oil and gas industry to hold the largest share of the industrial PC market between 2016 and 2022
• ·         North America to dominate the industrial PC market between 2016 and 2022

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The major players operating in the industrial PC market include Advantech Co., Ltd. (Taiwan), Beckhoff Automation GmbH & Co., KG (Germany), General Electric Co. (U.S.). Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), OMRON Corporation(Japan), Panasonic Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), and Siemens AG (Germany).

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Artificial Intelligence in Cybersecurity Market worth $38.2 billion by 2026

Artificial Intelligence in Cybersecurity Market by Offering (Hardware, Software, and Service), Deployment Type, Security Type, Technology (ML, NLP, and Context-Aware), Application (IAM, DLP, and UTM), End User, and Geography- Global Forecast to 2026", is projected to reach USD 38.2 billion by 2026 from USD 8.8 billion in 2019, at the highest CAGR of 23.3%.

Major drivers for the market’s growth are growing adoption of IoT and increasing number of connected devices, rising instances of cyber threat, growing concerns of data protection, and increasing vulnerability of Wi-Fi networks to security threats. Furthermore, underlying opportunities for the AI in cybersecurity market include growing need for cloud-based security solutions among SMEs, and increased use of social media for business functions.

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Major restraints for the market are inability of AI to stop zero-day and advanced threats, and rise in insider cyber threats. Limited number of cybersecurity and AI professionals, and lack of interoperability with existing information systems pose major challenges to the AI in cybersecurity market.

·         Cloud-based deployment type for AI in cybersecurity to grow at higher CAGR during forecast period

·         Automotive and transportation to hold largest size of AI in cybersecurity market during forecast period

·         North America is major contributor for AI in cybersecurity and is expected to hold largest market size in next 5 years

NVIDIA Corporation (US), Intel Corporation (US), Xilinx Inc. (US), Samsung Electronics Co., Ltd (South Korea), Micron Technology, Inc. (US), IBM Corporation (US), Amazon Web Services, Inc. (US), Darktrace (UK),  Cylance Inc. (US), Vectra AI, Inc. (US), ThreatMetrix Inc. (US), Securonix Inc. (US), Sift Science (US), Acalvio Technologies (US), SparkCognition Inc. (US), Palo Alto Networks Inc. (US), and Symantec Corporation (US) are a few major players in the AI in cybersecurity market.

Browse 68 market data Tables and 46 Figures spread through 229 Pages and in-depth TOC on "Artificial Intelligence in Cybersecurity Market - Global Forecast to 2026" Request FREE Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=220634996

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Construction Robot Market worth 166.4 Million USD by 2023

MarketsandMarkets^TM research report "Construction Robot Market by Type (Traditional, Robotic Arm, and Exoskeleton), Automation, Function, Application (Public Infrastructure, Commercial and Residential Buildings, Nuclear Dismantling and Demolition), and Geography - Global Forecast to 2023", the construction robot market is valued at USD 76.6 Million in 2018 and is expected to reach USD 166.4 Million by 2023, at a CAGR of 16.8% between 2018 and 2023. The market is mainly driven by the factors such as enhanced productivity, quality, and safety due to the implementation of construction robots and growing urbanization worldwide.

ICRA — 2019 International Conference on Robotics and Automation
20 May 2019 - 24 May 2019 • Montreal, QC, Canada

Flagship conference of the robotics and automation society, a premiere international venue for international robotics researchers KNOW MORE

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·         Construction robot market for exoskeleton to grow at highest CAGR during forecast period

·          Semi-autonomous construction robots held larger share of overall market in 2017

·          Europe is major consumer of construction robots

Key players in the market are Brokk (Sweden), Husqvarna (Sweden), Ekso Bionics (US), Komatsu (Japan), Fujita (Japan), Construction Robotics (US), Fastbrick Robotics (Australia), Autonomous Solutions (US), Conjet (Sweden), TopTec Spezialmaschinen (Germany), Apis Cor (Russia), nLink (Norway), Yingchuang Building Technique Co. (WinSun) (China), Advanced Construction Robotics (US), MX3D (Netherlands), CyBe Construction (Netherlands), CYBERDYNE (Japan), Giant Hydraulic Tech (China), Alpine Sales and Rental (US), and Beijing Borui Intelligent Control Technology (China).

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Browse 66 market data Tables and 32 Figures spread through 128 Pages and in-depth TOC on "Construction Robot Market - Global Forecast to 2023"

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Robotic Process Automation Market insight worth $2,467.0 million by 2022

MarketsandMarkets^TM research report "Robotic Process Automation Market Industry, and Geography - Global Forecast to 2022", published by MarketsandMarkets^TM . The robotic process automation market is expected to reach USD 2,467.0 million by 2022, at a CAGR of 30.14% between 2017 and 2022. The growth of this market is mainly driven by the ease in business processes with the installation of robotic process automation; and convergence of robotic process automation with traditional business processes.

Robotic Process Automation (RPA) Conference, Singapore

Robotic process automation (RPA) technology is the next frontier for businesses looking to streamline processes, increase productivity and ultimately improve the bottom-line. RPA typically uses artificial intelligence to handle repetitive, rules-based, back-office tasks. And the market is about to experience a period of "explosive" growth. The RPA market grew 64 percent to $200 million last year and is expected to grow 70 to 90 percent by 2018 because successful pilot projects are inspiring buyer confidence in the technology, the consulting and research firm reports. KNOW MORE

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The new technologies such as artificial intelligence, and cognitive systems with robotic process automation; and high demand of robotic process automation in logistic industry are few major opportunities for robotic process automation market.

·         Robotic process automation market for healthcare and pharmaceuticals will likely to grow at the highest CAGR during forecast period

·         Robotic process automation tools expected to hold the largest market size of the overall robotic process automation market

·         North America is expected to dominate the robotic process automation market during forecast year

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Browse 69 market data tables and 66 figures spread through 146 pages and in-depth TOC on "Robotic Process Automation Market - Global Forecast to 2022"

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Optical Emission Spectroscopy Market insight worth 792.4 million USD by 2023

MarketsandMarkets report, "Optical Emission Spectroscopy Market by Offering (Equipment, Services) Form Factor, Excitation Source Type (Arc/Spark OES, ICP-OES), Detector Type, Vertical (Automotive, Scrap & Recycling, Aerospace & Defense), and Geography - Global Forecast to 2023", the optical emission spectroscopy (OES) market is estimated to grow from USD 582.2 million in 2018 to USD 792.4 million by 2023, at a CAGR of 6.36% from 2018 to 2023. The growth of the market is driven by the enforcement of stringent government safety regulations and quality control requirements across various sectors, and technological enhancements and increased functionalities.

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The markets for OES equipment will continue to lead the market, in terms of market share. Growing use of portable OES analysers in metal producing and processing industries, such as metals and heavy machinery, automotive, aerospace & defence, and scrap and recycling industries; and rising use of ICP-OES across food & beverages, chemicals, pharmaceutical, and environmental industries are likely to increase the adoption of OES instruments. 

Highlights

CarMax Announces Conference Call And Webcast Information For Fourth Quarter And Fiscal Year 2019 Results

CarMax is the nation's largest retailer of used cars and operates more than 200 stores in 41 states nationwide. CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. For more than 25 years, CarMax has made car buying more ethical, fair and stress-free by offering a no-haggle, no-hassle experience and an incredible selection of vehicles.
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·         Optical emission spectroscopy services market to grow at higher CAGR during forecast period

·         Automotive, scrap and recycling, aerospace & defense, and metals and heavy machinery to hold largest share of optical emission spectroscopy market in 2018

·         APAC to hold largest share of optical emission spectroscopy market in 2018

Thermo Fisher Scientific (US), Ametek (US), Bruker (US), Hitachi High Technologies Corporation (Japan), Shimadzu (Japan), Horiba (Japan), PerkinElmer (US), Agilent Technologies (US), Skyray Instrument (US), and Analytik Jena (Germany) are among the major players in the global optical emission spectroscopy equipment market. SGS (Switzerland), Bureau Veritas (Japan), Intertek (UK), TÜV SÜD (Germany), and Element Materials Technology (UK) are the major players in the optical emission spectroscopy services market.

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Browse 66 market data Tables and 54 Figures spread through 161 Pages and in-depth TOC on "Optical Emission Spectroscopy Market - Global Forecast to 2023"

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

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