Augmented Reality Software Market Cops 35.22 Billion USD by 2022

MarketsandMarkets’ report, “Augmented Reality Software Market by Software Function (Remote Collaboration, Workflow Optimization), Vertical (Consumer, Commercial, Enterprise, Medical, Aerospace & Defense, Mining, Telecom & IT/Data Centers), and Geography - Global Forecast to 2022", published by MarketsandMarkets^TM.  The augmented reality software market, this market is expected to grow from USD 2.13 Billion in 2016 to USD 35.22 Billion by 2022, at a CAGR of 57.36% between 2016 and 2022.

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CONFERENCE DETAILS

BRIDGING THE DIGITAL AND PHYSICAL WORLDS FOR BUSINESS EFFICIENCIES
JUNE 10 - 13, 2019 | BOSTON, MA
Augmented Reality (AR), creating graphical enhancements to a real physical environment, empowers innovators and developers to build immersive experiences that transform the way users create, operate and service products in the smart, connected world. The business applications of Virtual Reality (VR), technology that immerses a person in a completely computer-generated world and removes them from reality, are growing. Mixed Reality (MR), a blend of the two worlds where physical and digital objects co-exist and interact in real time, is branching out into business and manufacturing. These new technologies can help organizations gain insight into various processes from the factory floor, assembly and operations, service and training. At LiveWorx, you’ll be armed with knowledge on the competitive advantages that AR, VR and MR offer (including enhanced sales & marketing efforts, improved service margins, optimized manufacturing operations and streamlined product design) and best practices to implement them in your organization.
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      • Augmented reality software market for the consumer vertical is expected to hold the largest market share during the forecast period

• Augmented reality software market for commercial vertical is expected to witness high growth during the forecast period
• North America expected to lead the augmented reality software market during the forecast period
• The major players in the augmented reality software market are PTC Inc. (U.S.), Wikitude GmbH (Austria), DAQRI LLC (U.S.), Zugara, Inc. (U.S.), Blippar (U.K.), Upskill (U.S.), Aurasma (U.K.), Augmate (U.S.), Catchoom Technologies S.L. (Spain), and Ubimax GmbH (Germany). Request a sample of the “Augmented Reality Software Market” Report.

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Cleaning Robot Suits for Residential Applications Market

MarketsandMarkets’ report, “"Cleaning Robot Market by Type, Product (Floor-cleaning robot, Lawn-cleaning robot, Pool-cleaning robot, Window-cleaning robot), Application (Residential, Commercial, Industrial, Healthcare), and Geography - Global Forecast to 2023", the cleaning robot market is expected to grow from USD 2.09 Billion in 2018 to USD 4.34 Billion by 2023, at a CAGR of 16.21% between 2018 and 2023. The growth of this market is mainly driven by factors such as penetration of automation in household appliances, rise in labor cost, and increasing safety concern.

• Notable Findings ask for Sample Pages of Report :-
  https://www.marketsandmarkets.com/requestsampleNew.asp?id=22726569

UPCOMING CONFERENCE

AUTOMATE 2019 CONFERENCE April 8, 2019

Exhibits, there’s more opportunity than ever to connect with this booming industry and the technologies driving it. See thousands of the newest technologies in action, learn about the latest applications, and develop invaluable partnerships at the only event dedicated to Robotics, connectivity and systems.
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• Floor-cleaning robot expected to hold the largest share of the cleaning robot market by 2023

• Cleaning robot market for residential application expected to grow at the highest CAGR between 2018 and 2023
• APAC expected to dominate the cleaning robot market during the forecast period
• The key players in the market include iRobot (US), Neato Robotics (US), LG Electronics (South Korea), Samsung Electronics (South Korea), Ecovacs Robotics (China), Dyson (UK), Intellibot Robotics (US), Alfred Kärcher (Germany), ILIFE (China), bObsweep (Canada), Bissell Homecare (US), Miele (Germany), Cyberdyne (Japan), Vorwerk (Germany), and Monoprice (US). The key players in this market are increasingly undertaking the strategies of partnerships and collaborations, and product developments and launches to develop and introduce new technologies and products to the market.

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MarketsandMarkets™ INC.
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Supervisory Control and Data Acquisition (SCADA) Market Shapes Up Industrial Applications

MarketsandMarkets’ report, “SCADA Market by Component (Programmable Logic Controller, Remote Terminal Unit, Human Machine Interface, Communication Systems), Architecture (Hardware, Software, Services), Application, and Geography - Global Forecast to 2022", the SCADA market is expected to be valued at USD 13.43 Billion by 2022, growing at a CAGR of 6.6% between 2017 and 2022.

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  https://www.marketsandmarkets.com/requestsampleNew.asp?id=19487518

EXPO & CONFERENCE

SIMATIC SCADA Conference Europe 2019

We have combined the WinCC Specialists conferences and the WinCC OA User Days in one event to give you even more insights into our strategy and portfolio. Experience our keynote speeches, reference talks and workshops on our SIMATIC SCADA portfolio as well as detailed presentations of Best Practice applications by our partners. Join our SCADA Community Event and find out how SIMATIC SCADA systems play an important role in digitalization.

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• SCADA market for communication systems expected to grow at the highest rate between 2017 and 2022
• Market for software expected to grow at the highest rate during the forecast period
• Oil and gas application expected to hold the largest share of the SCADA market
• Americas expected to hold the second-largest share of the SCADA market during the forecast period
• The major players involved in the SCADA market are ABB (Switzerland), Alstom (France), Emerson Electric Co. (US), General Electric Co. (US), Honeywell International Inc. (US), Iconics Inc. (US), Omron Corporation (Japan), Rockwell Automation Inc. (US) Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan) Request a sample of the “SCADA Market” report.

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MarketsandMarkets™ INC.
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Far-Field Digital Signage Market rising $29.6 billion by 2024

MarketsandMarkets^TM report, "Digital Signage Market by Offering (Hardware (Displays, Media Players, Projectors), Software, Services), Product, Application, Vertical (Retail, Transportation & Public Places, Sports & Entertainment, Education), and Geography - Global Forecast to 2024", The digital signage market is expected to grow from USD 20.8 billion in 2019 to USD 29.6 billion by 2024, at a CAGR of 7.3%. Growing technological advancements in display products, increasing adoption of digital signage products in commercial vertical, rising demand for 4K & 8K displays, and increasing infrastructural developments in emerging countries are the major driving factors for the market’s growth during the forecast period.

Highlights
GLOBAL DIGITAL SIGNAGE CONFERENCE

Sensors 2019 Hits May 1 This event is truly, the ONLY dedicated conference for digital signage anywhere in the world that promotes, stimulates, fosters and actively encourages debate within the ever-growing digital signage industry. We’ve assembled world experts in their field; speakers include top retailers, retail gurus, design consultants, content experts and more.
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• Hardware offering to dominate digital signage market (in terms of share) during
  forecast period
• Digital signage market for outdoor application to grow at highest CAGR from 2019 to 2024”
• “APAC to grow at highest CAGR in digital signage market during forecast period”

Key players in the market include Samsung Electronics (South Korea), NEC Corp. (Japan), LG Electronics (South Korea), Sharp (Foxconn) (Japan), Leyard Optoelectronic (Planar) (China), Sony (Japan), AU Optronics (Taiwan), BARCO (Belgium), Panasonic (Japan), Goodview Electronics (China), Scala (US), E Ink Holdings (Taiwan), Omnivex Corporation (Canada), Deepsky Corporation (Hong Kong), Delta Electronics (Taiwan), Exceptional 3D (US), Daktronics (US), Christie Digital Systems (US), Intuiface (France), and BenQ (Taiwan).

Need more knowledge? Request sample pages of the “Digital Signage Market” report.
Mr. Shelly SinghMarketsandMarkets Inc.
Northbrook, IL
888-600-6441
newsletter@marketsandmarkets.com
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Augmented Reality Market - AR and Virtual Reality Market - VR : Research Study Growth in Business worth 60.55 Billion USD and 34.08 Billion USD by 2023

MarketsandMarkets’ research report,  "Augmented Reality and Virtual Reality Market by Offering (Hardware & Software), Device Type (HMD, HUD, Handheld Device, Gesture Tracking), Application (Enterprise, Consumer, Commercial, Healthcare, Automotive), and Geography - Global Forecast to 2023", the augmented reality (AR) and virtual reality (VR) market, the AR market is expected to grow from USD 11.14 Billion in 2018 to USD 60.55 Billion by 2023, at a CAGR of 40.29% between 2018 and 2023, whereas the VR market is expected to grow from USD 7.90 Billion in 2018 to USD 34.08 Billion by 2023, at a CAGR of 33.95% between 2018 and 2023. The increasing demand for AR devices in healthcare, growing demand for AR in retail and e-commerce, and rising investment in the augmented reality market are the major drivers for the augmented reality market. The high penetration of head-mounted displays in gaming and entertainment, huge investments in the VR market, advancement of technology and digitization, and availability of affordable VR devices are the major drivers of the VR market.

Highlights  

VRTECH Conference

ARVR 2019 Hits Conference at Hyatt Regency Pune 24^th April!

Augmented Reality and Virtual Reality for various Enterprise functions such as Design, Manufacturing, Maintenance, Training and Marketing Strategists. Learning and sharing best practices using AR-VR as a decision support system aiding better designs, faster time to market and as immersive training tools offering simulations and scenarios in a secure, risk-free environment. About 200 functional visionaries, including CxO and their functional teams from various industry verticals including Automotive, Aerospace, Medical Equipment, Auto dealerships and many more...KNOW MORE

• Head-up displays to witness high growth in the AR market during the forecast period
• Consumer application to lead the augmented reality and virtual reality market
• APAC expected to hold a major share of the augmented reality and virtual reality market during the forecast period
• Major players in the augmented reality and virtual reality market are Sony (Japan), Oculus (US), Samsung (South Korea), Google (US), PTC (US), HTC (Taiwan), Microsoft (US), Wikitude (Austria), DAQRI (US), Zugara, (US), Blippar (UK), Osterhout Design Group (US), Magic Leap (US), Upskill (US), Continental (Germany), Visteon (US), Eon Reality (US), MAXST (South Korea) and Vuzix (US).

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Industrial Control and Factory Automation Market worth $269.5 billion by 2024

According to the new market research report "Industrial Control and Factory Automation Market by Solution (SCADA, PLC, DCS, MES, PLM, PAM, Functional Safety), Component (Industrial Robots, Industrial 3D Printing, Control Valves, Machine Vision, HMI), Industry and Geography - Global Forecast to 2024", The industrial control and factory automation market is likely to reach USD 269.5 billion by 2024 from USD 160.0 billion in 2018, at a CAGR of 9.08%. The growth of this market can be attributed to the increasing use of enabling technologies in manufacturing, rising adoption of industrial robots in manufacturing sector, connected supply chain along with mass production to cater rising population, government initiatives towards, the adoption of industrial automation in various industries.

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Browse 85 market data Tables and 48 Figures spread through 222 Pages and in-depth TOC on "Industrial Control and Factory Automation Market - Global Forecast to 2024" View detailed Press Release here -
https://www.marketsandmarkets.com/PressReleases/factory-automation.asp

“Articulated robots dominate the industrial robot market”

The industrial robots segment is growing at a significant pace during the forecast period and has the highest market share of components in the industrial control and factory automation market. Manufacturers are installing industrial robots to make production and distribution easy and efficient. The installation of industrial robots is lessening the human intervention in production process, thereby reducing the cost of manufacturing with increase in quality and production capacity.

“Process automation and control in industrial manufacturing plant drives the growth for DCS ”

DCS held the highest market share in the solutions of industry control and factory automation market. This growth is attributed to a high rate of industrialization rate in the developing economies. Developing countries have expansion and capacity addition plans related to the power sector, which would boost the demand for DCS. DCS provides process automation and control in industrial manufacturing plants that drive the industrial control and factory automation market. Advantages of using DCS systems in manufacturing plants are decision integrity, simplified operations, and increasing productivity. Some of the application areas of DCS are oil & gas, automobile, chemical, food & beverages, and pharmaceuticals industries.

“Process industries to lead the industrial control and factory automation market from 2018 to 2024”

Process industries had the higher market share in industry control and factory automation market in 2017. The rate of adoption of solutions related to the industrial control and factory automation is high in process industries owing to rising cost pressure on manufacturers to optimize the production process. Furthermore, increasing demand for real-time visibility and complex operations in oil and gas, power, metals and mining, and food & beverages industries is expected to drive the demand for industrial control and factory automation solutions in the process industry. Due to the complex nature of the automation in the process industry, the number of components and technologies deployed in the process industry is higher than the discrete industry. Particularly, control technologies, such as DCS, is employed only in the process industry and the number of PLCs and PACs is employed more in the process industry than the discrete industry.

“APAC to be the largest market for industry control and factory automation during the forecast period”

Asia Pacific (APAC) comprises Japan, China, India, and RoAPAC. APAC is the fastest growing region for industrial control and factory automation market due to the technological innovation and increasing adoption of the automation technologies in various industries. The major application industries for the industrial control and factory automation market in APAC are chemicals, oil & gas, water, semiconductor, electronics, food, and automotive. China is one of the major players from APAC region in the industry control and factory automation market. China has been working on an innovative industrial practice by implementing automation technologies in manufacturing. In addition, research institutes and corporates are collaboratively working to improve the Chinas manufacturing processes. Further, in China, industrial intellectualization and information integration remain the main focus of the government industrial policy. This initiative is expected to increase the demand for the industrial control and factory automation in this country.

Major players operating in the industrial control and factory automation market Emerson (US), ABB (Switzerland), Siemens (Germany), General Electric (US), Schneider (France), Endress+Hauser (Switzerland), Yokogawa (Japan), Honeywell (US), WIKA (Germany), Azbil (Japan), Fuji Electric (Japan), 3D Systems (US), HP (US), FANUC (Japan), STRATASYS (US), Progea (Italy), Hitachi (Japan), Vega (Germany), Danfoss (Denmark), Tegan Innovations (Ireland), Krohne (Germany), Rockwell (US), Chaos Prime (US) and Dwyer (US), among many others.

Don’t miss out on business opportunities in Industrial Control and Factory Automation Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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. Shelly Singh
MarketsandMarkets™ INC.
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Speech and Voice Recognition Market worth $21.5 billion by 2024

According to the new market research report "Speech and Voice Recognition Market by Technology (Speech and Voice Recognition), Vertical (Automotive, Consumer, Government, Enterprise, Healthcare, BFSI), Deployment (On Cloud & On-Premises/Embedded), and Geography - Global Forecast to 2024", the market is expected to grow from USD 7.5 billion in 2018 to USD 21.5 billion by 2024, at a CAGR of 19.18%.

The growth of the speech and voice recognition market can be attributed to the high growth potential in healthcare application, growing demand for voice authentication in mobile banking application, rapid proliferation of multifunctional devices or smart speakers, and growing impact of AI on the accuracy of speech and voice recognition. Moreover, the development of speech and voice recognition software for micro-linguistics and local languages, use of speech and voice recognition technology in the education of temporarily and permanently disabled students, and role of speech and voice recognition technology in autonomous cars are expected to create huge growth opportunities for the players in the speech and voice recognition market.

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Browse 74 market data Tables and 47 Figures spread through 161 Pages and in-depth TOC on "Speech and Voice Recognition Market - Global Forecast to 2024" 

Press Release: https://www.marketsandmarkets.com/PressReleases/speech-voice-recognition.asp

Speech and voice recognition market for consumer vertical to grow at highest rate during forecast period

Increasing demand for intelligent virtual assistant (IVA) smart speakers with voice capabilities is expected to be the prominent driver for the speech and voice recognition market regarding consumer vertical during the forecast period. IVA smart speakers such as Amazon Eco, Google Home, and Apple Home Pod have witnessed triple digit growth in North America and Europe during the last 2 years. Moreover, the speech and voice recognition is expected to witness significant growth in personal robotics market such as robotics pets, cleaning robots, and robot companion.

Automatic speech recognition segment dominated the global speech recognition market throughout the forecast period

Speech recognition is increasingly gaining traction with a number of interactive speech applications available in the market. With growing need for embedded computing and demand for emerging embedded platforms, speech recognition systems (SRS) are also required on these. Moreover, growing demand for speech-enabled consumer electronics devices such as smart home devices, mobile devices, and wearable devices is expected to spur the rapid growth of the speech recognition market during the forecast period.

Major players in the speech and voice recognition market covered in this report are Nuance (US), Microsoft (US), Alphabet (US), IBM (US), Amazon (US), Sensory (US), Cantab Research (UK), iflytek (China), Baidu (China), and Raytheon BBN Technologies (US).

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Americas to hold largest size of speech and voice recognition market by 2024

America has been extremely responsive to the latest technological advancements, such as the integration of artificial intelligence (AI) and the Internet of things (IoT). The speech and voice recognition market is dominated by the Americas owing to the high adoption rate of artificial intelligence software and large-scale deployment of neural networks across various end-use verticals. The major driving factor in the Americas is the presence of major vendors of speech and voice recognition technology such as Nuance Communication (US), Microsoft (US), Amazon (US), IBM (US), and Sensory (US).

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. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com