Thursday, 27 August 2020

Automatic tube cleaning system Market worth $130.5 million by 2023

 According to the new market research report "Automatic Tube Cleaning System Market by Type (Ball, and Brush), Industry (Power Generation, Oil & Gas, Commercial Space, Hospitality), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023", The automatic tube cleaning system market is estimated to grow from USD 104.6 million in 2018 to USD 130.5 million by 2023, at a CAGR of 4.53% between 2018 and 2023. The key driving factor for the growth of the automatic tube cleaning system market is the improvement in operational efficiency of HVAC systems due to automatic tube cleaning system installation. Offices, hospitals, hotels, living spaces, and airports are a few major energy consuming sectors of HVAC systems that are installed to improve ambient comfort levels and environmental quality. Shell and tube condensers, as well as heat exchangers, play a vital role in power generation, oil refining, industrial processing, and HVAC comfort cooling. Different types of fouling appear in the air-conditioning system, namely, particulate fouling, scaling, corrosion, and biofouling. All of these foulants, owing to localized corrosion, reduce the heat transfer efficiency of heat exchangers, thereby leading to early equipment failure. Hence, automatic tube cleaning systems are installed to avoid fouling and improve efficiency.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151822184

TAPROGGE (Germany), Hydroball (Singapore), Ovivo (US), WesTech (US), BEAUDREY (France), Ball Tech (Israel), Nijhuis (Netherlands), WSA Engineered Systems (US), and Watco (Singapore) are a few major companies in this market.

Browse 32 market data Tables and 26 Figures spread through 84 Pages and in-depth TOC on "Automatic Tube Cleaning System Market - Global Forecast to 2023"

Ball type automatic tube cleaning system is expected to hold larger market share during 2018–2023

Ball-type automatic tube cleaning systems are ideal for large heat exchangers in oil & gas plants, power plants, desalinization plants, and petrochemical and refining plants. Fouling can be harmful to the equipment and can decrease the efficiency of heat exchangers. Unlike the brush-type tube cleaning system, ball-type is an inline cleaning system, which means that there is no need to shut down the plant for periodic cleaning of heat exchanger tubes or interrupt the plant operation.

Power generation industry is expected to grow at highest CAGR owing to extensive use in maintaining the efficiency of the heat exchangers used in the power generation industry

In the power plant, water-based cooling systems necessarily suffer from fouling of heat exchanger surfaces. This leads to a reduction in efficiency, which, in turn, increases energy use, emission of CO2 and NOx, and operating costs. Thus, fouling reduces chiller heat transfer efficiency and increases energy consumption in the power plant, which can lead to a dramatic loss in unit output, unit availability, and revenue. Hence, automatic tube cleaning systems are installed to enable power plants to generate electricity at maximum efficiency by removing suspended solids automatically and continuously

APAC is expected to hold largest market size, owing to growing need for energy saving and improving operational efficiency in various industries drives the market for automatic tube cleaning systems in APAC.

China and India are among the major countries in APAC having a significant number of coal-fired power plants. Easy availability of coal makes thermal power a preferred source of electricity generation. Increasing population and rapidly growing industrialization have made China the largest electricity producer in the world. China, being a global manufacturing hub, holds the immense potential for the growth of the automatic tube cleaning system market. Japan has reinstated its faith in coal-fired power plant and it planned to have 25% share of coal-fired power plant in its energy mix by 2030 as compare to earlier target of 10%. Moreover, it has also brought 8 power plant online in past two years. This drives the market for automatic tube cleaning systems in APAC.

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. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Radar Level Transmitter Market worth $581.2 million by 2023

 

According to the new market research report "Radar Level Transmitter Market by Technology (Contact (Guided Wave Radar), Noncontact (Pulsed & FMCW)), Frequency (C & X, K, and W Band), Application (Liquids, Solids), Industry (Oil & Gas, Chemicals, Food & Beverages), and Region - Global Forecast to 2023", the radar level transmitter market is expected to grow from USD 428.0 million in 2018 to USD 581.2 million by 2023, at a CAGR of 6.3% from 2018 to 2023. Benefits of high accuracy, reliability, and stability offered by radar level transmitters; increasing demand for radar level transmitter in the water & wastewater industry; and growing emphasis on optimum utilization and efficiency of assets are some of the factors driving the growth of the radar level transmitter market.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192620054

The radar level transmitter market was dominated by the key players such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA Grieshaber (Germany), Siemens (Germany), and KROHNE (Germany).

Browse 66 market data Tables and 56 Figures spread through 145 Pages and in-depth TOC on "Radar Level Transmitter Market - Global Forecast to 2023"

Noncontact radar level transmitters is estimated to hold the largest size of the overall radar level transmitter market in 2018

Noncontact radar level transmitters is estimated to hold the largest market size, in terms of value, in 2018. The oil & gas and chemicals industries are highly dependent on proper level control to ensure safety and efficiency. Level measurement instruments required in these industries must operate in explosive/flammable and acidic/basic environments; noncontact radar level transmitters are a suitable option here as they can safely, reliably, and accurately perform under such hazardous conditions. Moreover, the performance of noncontact radar level transmitter is unaffected by contaminants and can produce highly accurate measurements in storage tanks and process vessels. Growing adoption on noncontact transmitters in these industries as an easy-to-use and low-maintenance level measurement solution is expected to drive the demand during forecast period.

K band radar level transmitters is estimated to be the largest noncontact radar level transmitter market in 2018

K band radar level transmitters are the most widely used transmitters in process industries. These transmitters operate in the frequency range of ~26 GHz. They have a more focused beam angle and smaller process connection sizes than C and X band radar level transmitters. Such transmitters are ideal for use in tanks and vessels with moderate process conditions and long distance applications with smooth surfaces. K band radar transmitters are mostly used for level measurement of lower dielectric products, and they offer accurate level measurement under conditions of condensation, vapor, dust, foam, etc. However, the performance of such transmitters is affected by heavy vapors (e.g., anhydrous ammonia and vinyl chloride monomer) and dense foam (e.g., latex and molasses).

Liquids, slurries, and interface measurement applications expected to dominate the radar level transmitter market from 2018 to 2023

A majority of radar level transmitters are used for level measurement of liquids, slurries, and interfaces. Since guided wave radar level devices have no moving parts, they require minimum maintenance; these transmitters can measure both level and interface between 2 media. Noncontact radar level transmitter devices require no direct contact with liquid media, owing to which, they are used for measuring a wide variety of hazardous liquids, such as heated heavy asphalt and cryogenic liquefied gases like liquefied natural gas (LNG).

Oil & gas industry to dominate the radar level transmitter market from 2018 to 2023

The oil & gas industry is the key end user in the radar level transmitter market. Radar level transmitters are used for a variety of processes in the oil & gas industry, including level monitoring to check for toxins such as methanol, isopropanol, ethylene glycol monobutyl ether (2-butoxyethanol), ethylene glycol (1,2-ethanediol), hydrotreated light petroleum distillates, and sodium hydroxide (caustic soda). Radar level transmitters provide a high-performance and cost-effective means for continuous level measurement in the oil & gas industry. Other applications of radar level transmitters in the oil & gas industry include monitoring effluent tanks, oil separators, and hydraulic oil tanks.

North America to dominate the radar level transmitter market from 2018 to 2023

North America is expected to dominate the global radar level transmitter market during the forecast period. The US and Canada are the major contributors to the growth of the radar level transmitter market in North America. Rapid growth in shale-gas production and innovations in oil & gas extraction processes are the key factors driving the demand for radar level transmitters in North America. It is a developed region in terms of manufacturing processes; it has well-established industries such as oil & gas, food & beverages, and chemicals. Moreover, industrial and wastewater treatment contributes to the growth of radar level transmitter market and is one of the major markets in North America.

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. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Wednesday, 26 August 2020

Augmented Reality Market expected to reach $72.7 billion by 2024

 

The report "Augmented Reality Market by Offering (Hardware (Sensor, Displays & Projectors, Cameras), Software), Device Type (Head-mounted, Head-up), Application (Enterprise, Consumer, Commercial, Healthcare, Automotive), and Region - Global Forecast to 2024", is estimated to grow from USD 10.7 billion in 2019 and projected to reach USD 72.7 billion by 2024; it is expected to grow at a CAGR of 46.6% from 2019 to 2024. The healthcare sector has witnessed rapid technological advancements over the years, and various kinds of advanced imaging equipment have been introduced in the healthcare sector. The healthcare sector has one of the most important and practical applications of AR in the current market scenario.

• Informational PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82758548

Browse 102 market data Tables and 46 Figures spread through 191 Pages and in-depth TOC on "Augmented Reality Market - Global Forecast to 2024"

“AR HUDs is the most attractive segment that is gaining attention in augmented reality market”

The use of AR HUDs in automobiles ensures comfort and safe driving. AR-based HUDs allow drivers to see the virtual information projected on the display. The rising demand for AR HUDs and projectors is driving the AR market. AR-based HUD technology also enables advanced driver assistance systems (ADAS) with visual warning features. The optical system of AR-based HUDs shows a realistic view of the surroundings, provides lane departure warning, assists in lane guidance control, displays information on fuel level and distance between vehicles, and indication for parking space availability in real time to the driver.

“Augmented reality market in APAC expected to grow at highest CAGR during forecast period

The augmented reality market in Asia Pacific is expected to grow at the highest rate in sectors such as healthcare, commercial, and consumer. The increasing number of AR players in the region would boost the growth of the AR market. The high growth in commercial and consumer markets is driving the growth of the AR market in APAC. The region is an attractive market for cell phones, tablets, laptops, and television manufacturers. Companies such as Samsung and LG are based in South Korea, while Sony, Sharp, and Panasonic are based in Japan. APAC registers the highest demand for consumer electronics such as smartphones, tablets, laptops, and TVs owing to the high growth witnessed by emerging economies such as China and India, and positive growth by other APAC countries such as Taiwan, Indonesia, Singapore, and Malaysia.

Major players in the augmented reality market are Google, Inc. (US), PTC, Inc. (US), Microsoft Corporation (US), Seiko Epson (Japan), Lenovo (China), Wikitude GmbH (Austria), Vuzix (US), Daqri Llc (US), Magic Leap, Inc. (US), Zugara, Inc. (US), Blippar (UK), Upskill (US), and Maxst (South Korea). Other players operating in the augmented reality market include Atheer, Inc. (US), Pristine, Inc. (US), Marxent Labs, Llc. (US), Inglobe Technologies (Italy), Meta Company (US), Augment (France), Niantic (US), Sixense Entertainment (US), Intel Corporation (US), Apple Inc. (US), Infinity Augmented Reality, Inc. (Israel), Facebook Corporation (US), Samsung Electronics Co. Ltd. (South Korea), Realwear (US), Dynabook Americas, Inc. (US), and Optinvent (France).

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. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Top 5 Reasons to Use a Project Management Software

 

Project management software enables the project managers and other team members in planning, managing, and delivering projects of all sizes and kinds. It has been created in such a way that a team can plan and store project tasks and events, make agendas and deadlines, address project challenges, allocate and manage project-related expenses, support project members, manage quality, bring together project teams, and manage human resources as well as project updates. The Best Project management software enables the organizations to handle their projects throughout the stages of the project lifecycle, right from project ideation and commencement to project implementation and conclusion.

More Information :-
https://www.360quadrants.com/software/project-management-software/

MAJOR USES OF PROJECT MANAGEMENT SOFTWARE 

Planning
A project management software helps a user in planning the approach of a project from its ideation to its completion. It further helps in visualizing the activities that are co-dependent, summarizing the project agenda and setting up deadlines, and sorting of crucial tasks and assigning relevant resources to each task.

Task Management
One of the major functions of a project management software is to assist users in managing tasks and monitoring them as well. This is the main functionality that project managers look for in a project management software. This function can be used right from the unit level to the macro level. The users can deploy a robust software for complicated projects or simple software for small projects. This software enables the team to manage staff and resources, tasks, delivery deadlines, and results. The best Project Management Software usually come equipped with a visual interface that allows users to know more about the team’s skills and assign them with relevant tasks accordingly.

Collaboration
For a successful completion of a project, it is important for the team members to work in collaboration with other team members, dealers, senior leadership, and other participants. This collaboration can be possible amongst team members operating from the same location or from different locations but working on the same project. There are several project management software that offer robust tools and functionalities, allowing users to share and store documents, interact with each other over cloud via multiple channels including VoIP, email, IM, wikis, etc.

Manage Priorities
A project may at times diverge from the agreed plan due to an unexpected event or additions or modifications to the project. In such a situation, it is important that the project members are well aware of the tasks to be completed. Most of the project management software come equipped with a basic calendaring feature, which allows team members to complete deliverables on time by arranging agendas of teams that work on co-dependent tasks. The users can also monitor and sort the tasks that may be important for other tasks during planning and halfway through the project, when changes can impact the original plan.

Address Issues
The projects that are highly technical and complicated may encounter problems that can affect the project delivery deadlines or the entire deliverable. These issues can be anything from bugs to breakdowns or gaps that arise after the completion of a task or project. Some dedicated project management software come with a capability to track bugs and identify the root cause of the problem, which further helps users in addressing the issue within time.

The aforementioned uses of project management software help in keeping all the project members focused. With new technologies and innovations comping up every day, an assortment of templates is readily available, which helps in managing projects right from the ideation till the time they are delivered.

Deploying a project management software can prove to be beneficial for the business as well as the employees, especially with the growing size of businesses and more and more people being associated with it. The best project management software helps in improving performance, workflows, enhances team collaboration, etc. It has certainly become an essential tool for the successful completion and delivering projects with utmost efficiency.

 

Tuesday, 25 August 2020

Water Quality Monitoring Market worth 4.69 Billion USD by 2025

 

According to the new market research report "Water Quality Monitoring Market by Product Type (TOC Analyzers, pH Meters, Dissolved Oxygen Analyzers, Conductivity Sensors, Turbidity Meters), Application (Laboratories, Industrial, Commercial Spaces, Government Buildings), and Region - Global Forecast to 2025", the Water Quality Monitoring Market was valued at USD 2.95 Billion in 2015 and is expected to reach USD 4.69 Billion by 2025, growing at a CAGR of 4.54% between 2016 and 2025. The major factor driving this market is the development of government policies and initiatives to protect the environment from the adverse effects of pollution. This drives the adoption of pollution monitoring instruments across the globe.

• Informational PDF Brochure :-  
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72412644

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

Browse 47 market data tables and 42 figures spread through 157 Slides and in-depth TOC on “Water Quality Monitoring Market - Global Forecast to 2025”

Laboratory application expected to hold the largest share of the water quality monitoring market during the forecast period

The laboratory application is expected to hold the largest share of the market during the forecast period owing to the increasing concerns regarding environmental issues such as the level of pollutants and the presence of specific microbes in water. Owing to this, monitoring and testing tasks are an important approach to deciding the water quality parameters and assessing the impact on the human health and the environment.

Water quality monitoring market for TOC analyzers expected to grow at the highest rate during the forecast period

The market for TOC analyzers is expected to witness high growth owing to their versatile applicability and increased attention on environmental issues such as water pollution and water contamination.

Europe expected to hold the largest share of the market during the forecast period

The water quality monitoring market is expected to grow exponentially in Europe. The water quality monitoring activities are conducted in this region because of the increased awareness about water pollution and contamination.

About MarketsandMarkets

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.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Latest Report on Top 10 Mobility Technologies by MarketsandMarkets

 

According to the new market research report "Top 10 Mobility Technologies Market by Technology (Bluetooth, Wearable Technology, Mobile Augmented Reality, Wireless Gigabit, Cellular IoT, Mobile Biometric, Automotive V2X, Wireless Charging For Consumer Electronics) & Geography - Global Forecast to 2022", the market is expected to grow at a significant rate between 2016 and 2022.  This report covers the major mobility technologies such as cellular IoT, wireless gigabit, mobile augmented reality, wireless charging for consumer electronics, Bluetooth, automotive vehicle-to-everything, mobile biometric, land mobile radio, automated guided vehicle, and wearable technology, along with their market trends between 2016 and 2022.

• Informational PDF Brochure :-  
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=87804126

Browse 66 market data tables and 76 figures spread through 257 pages and in-depth TOC on “Top 10 Mobility Technologies Market - Global Forecast to 2022"

The key manufacturers of Top 10 mobility technologies market include Qualcomm Inc. (U.S.), Sierra Wireless (Canada), Apple Inc. (U.S.), Samsung Electronics Corporation Ltd. (South Korea), Nuance Communication, Inc.(U.S.), Intel Corporation (U.S.), Texas Instruments (U.S.), Atmel Corporation (U.S.),, STMicroelectronics N.V. (Switzerland), Autotalks Limited (Israel), Harris Corporation (U.S.), Motorola Solutions, Inc. (U.S.), Daifuku Co., Ltd. (Japan) and Dematic GmbH & Co. KG. (Germany).

The decreasing prices of hardware components and growing interest of large-tech companies in augmented reality are driving the growth of the mobile augmented reality market. The launch of new spectrums (frequency bands) and increasing penetration of wireless connectivity in the emerging economies are fueling the growth of the market for wireless gigabit. The rising demand for real-time traffic and incident alerts for increasing public safety contributes to the growth of the automotive V2X market.

Land mobile radio expected to hold a significant share of the mobility technologies market during the forecast period

Land mobile radio systems are gaining traction with the increasing population in urban areas and the expansion of the size and scope of public safety missions and requirements, resulting in a greater demand for the public safety spectrum to meet communication needs. Today, trunked LMR systems are common in the public safety arena because of their efficiency, as well as other advantages, including fast system access, enhanced feature sets, channel efficiency, security, and flexibility. The growth in this market is propelled by factors such as the increasing demand for inexpensive and reliable land mobile radios, growing significance of efficient critical communication operations, application of LMRs in diverse industries, and transition of communication devices from analog to digital.

Mobile biometrics largely contributes to the growth of the Top 10 mobility technologies market

The rising instances of security breaches and terrorist activities, rising crime rates, and increasing threats to public and private property as well as educational institutions have intensified the awareness about security. These days, biometric technology is used in smartphones, tablets, and other electronic devices on a large scale. This large-scale adoption of mobile biometrics has also opened up new growth avenues for the mobile commerce industry; companies are increasingly adopting this technology to secure their operations. In addition, the use of biometrics in e-passports is further driving the growth of the biometrics market for the travel and immigration segment. Fingerprint recognition is the most widely used authentication method across all the industries because of its uniqueness and consistency.

Market for mobile augmented reality likely to grow at the highest rate between 2016 and 2022

The use of mobile augmented reality (MAR) in the e-commerce and retail, gaming, and entertainment sectors is increasing. In addition, the interest of large tech companies in this technology is also rising. These factors are expected to drive the growth of the mobile augmented reality market in the coming years. The growing demand for smartphones and tablets incorporated with augmented reality apps is contributing to the growth of the market. The increasing adoption of 3D cameras to detect motion and gestures offers a major opportunity for the MAR market. However, the lack of awareness regarding AR features is a major challenge for the market. Currently, the MAR technology is used in the aerospace and defense, medical, commercial, consumer, and industrial sectors. The emergence of smartphones and its tremendous growth have made the mobile augmented reality technology accessible to every consumer. The on-going research and development is expected to create several new application areas for this technology in the future

About MarketsandMarkets

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.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Monday, 24 August 2020

Best project management software insights - List released by 360Quadrants

 

Project Management Software Solutions in the Automotive Industry help in effective association across departments and better decision making processes. The software offers easy, cross-location teamwork and interaction amongst project members and investors in a central web-based project management system. It allows automobile professionals to check on the project progress at any time and from any location. Project Managers can input their tasks centrally in one system. The central system also shows responsibilities, status, and priority as well as company-specific information which can also be accessed by the teams.

They also offer agile boards that allow automobile businesses to control and track workflows in the best way. They can also execute processes and permit easier and intuitive track. The software also provides Agile teams who usually have small development cycles. They repeat quickly to build, measure, and study with each version. With fast user response, they save time and focus on building the right things. Quality Assurance plays a huge role in the automobile industry. Project managing tools get in dedicated Quality assurance teams that work on instant issue tracking and clear communication within the team and across various divisions.

Taking ground-breaking automotive products from initiation through to design, into conception and onto the roads is most often a multifaceted set of rules, actions, calculations, and a horde of projects. A progressive and well-defined project management solution makes this process faster, easier, and more efficient, allowing teams to be more fruitful in their efforts. With project management taken care of, automobile businesses can focus on improving revenue by bringing better products, challenging expectations, and taking control of the market.

In the Construction Industry

Project Management Software in the construction industry manages the preparation, organization, and implementation of a construction project, be it agricultural, housing, commercial, official, engineering, and heavy civil, or environmental. Construction Project Management Solutions generally helps in managing complex tasks that need strong skills in communication, deep awareness of the building process, and the ability to troubleshoot.

Construction project management is a complex field, and it demands experience in several areas like finance, mediation, law, business, and more. There are numerous web, cloud, and mobile apps to reorganize communication, streamline document management, and improve efficiency in construction mgmt. Project Management solutions help the construction industry by providing work managing tools with advanced collaboration tools, by providing tools created specifically for builders and remodelers. It also offers tools designed precisely for housing construction firms and offers project management, preparation, service mgmt, document storage, accounting, and customer managing abilities. Businesses can handle all the communication for their team and subcontractors, easily sharing emails, site photos, project agendas, budgets, and timesheets.

In Chemical Industry

Project Management Tools can help the chemical and petrochemical industry, by maintaining a balance between project lead and project execution teams which otherwise can be disconnected from each other by a long distance. The software also supports the project timeline and help in managing costs by offering local project management expertise.

Project Management Software can help chemical businesses with:

  1. Instrumentation and all associated services
  2. Ensure steadiness and avoid uncertainties
  3. Offers enhanced timeline precision
  4. Enhanced processes, methodologies and tools to support competence and repeatability for risk lessening
  5. Standardization offers restriction of alterations and decreases the difficulty of execution and reduces MRO costs

In the IT Industry

Project Management Software helps businesses in the IT industry in planning, organizing, and defining responsibility for the conclusion of a company’s specific information technology (IT) goals. The project management systems supervise IT projects for software development, hardware systems, network updates, cloud computing, and virtualization rollouts, business analytics and data management, and other IT services.

Also, with the help of project management tools, personnel working in the information technology industry can monitor their progress, their timeline, fix their tasks better, and record their work more efficiently. These kinds of software are also helpful in resource and budget allocation. It also helps employees, managers, and teams in the IT industry with team managing goals and long-term projects, as well as organizing discrete tasks. The project management system achieves this through a variety of tools to manage workloads, monitor productivity, and allocate resources.

For Large Enterprises

  1. Project Planning – This helps in mapping project tasks, allows the senior manager to decide which project to spend on, the type of additional resources to hire, and also to plan other investments to meet the project demands.
  2. Documentation – Documentation helps in proper tracking of a project. It enables project managers to store the knowledge acquired throughout the entire tracking process.
  3. Shared Team Calendar – A shared team calendar helps teams in organizing and scheduling meetings. A correctly harmonized calendar helps all team members by delivering timely alerts.
  4. Multi-User Logins – Usually, in large organizations, project management solutions have no restriction on the number of users that it can cater to. Many users are granted different access privileges.
  5. Dashboards – Precise dashboards altogether enhance project reporting. They also help users instantly recognizing the company’s KPI.
  6. Project Budget Dashboard – It helps in creating a financial reporting dashboard and adding several KPIs that help project managers reflect on the project’s progress. It also helps in adding charts and graphs to the dashboard and receive real-time project updates.
  7. Resource Mgmt – In any given project, it is not only important to manage a team’s time but also to manage other resources. These may include the material used in the process and meeting rooms. Resource mgmt offers a great platform in avoiding any conflicts arising due to resource shortage and enables efficient planning of resources.
  8. Automatic Email Notification – This ensures that the team members email notifications of all the project related updates.
  9. Gantt Charts – These charts are intuitive and they enable users to visualize in which phase of the project they are in.
  10. Project Ownership – It keeps a track of the creator of the project and also of those assigned to the project.
  11. Project Categorization – It allows managers to categorize projects by industry names and also by the status of the project like complete, on hold, or in progress.
  12. File Sharing – This allows the team member to add information to the system which can be instantly accessed by other team members.
  13. Project KPI Dashboard – This offers the quickest way to track the progress of a project. Users can also update the information found in the KPI dashboard in real-time.

Project Plans - Project management tools can have several project planning choices, such as prototypes and standards for determining who is doing what and how often. A framework for a project management plan is a reasonable entry point for every project since project leaders do not start preparing from scratch. Project guidelines may be used to identify resource allocation processes, task dependencies, and project deadlines. Planning for the worst-case situation is still superior to supposing that everything would go according to plan.

Project Schedules – Project schedules involve deadlines and targets which decide when the completion of each task of the project is anticipated. Deadlines can often be allocated to tasks and activities, based on the scope of the project. Depending on the interconnections between activities, project management systems should include features for defining milestones.