Market Analysis - International Journal of Adult and Non Formal Education ( 2021) Volume 2, Issue 2
Published Date: Apr 30, 2021
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The Global Business Process Management market provides quantitative and qualitative analysis for the period of 2015 to 2023. The report predicts the market to grow with a CAGR of 12% over the period of 2017-2023. The study covers the analysis of the leading geographies. The successful utilising of new ideas is critical to a business being able to bring new and improved products, improve its processes and services to market, and increase its efficiency and to improve its profitability.
Business management growth rate graph
Innovators summit 2020 is a conference that brings together business owners, change-makers, thought leaders, Sales and marketing executives, CEO’s, Business managers, Head of the department and entrepreneurs to discuss, challenge, and learn about innovation.
As Global Innovators Summit is an alarming concern throughout the world, innovators summit 2020 will mainly focus on topics like Artificial Intelligence and Robotics, Business Management, Laser Technology and Applications, GIS and Remote Sensing, Computer Science and Applications, Satellite and Space Missions, Physics and Applications, Chemistry, Engineering and Energy, Aviation and Space Technology, Hospital and Medical Management, Bio Diversity and Environment, Nano Technology and Applications, Material Science and Metallurgy, Bio medical and Bio engineering, Archaeology, Marketing Concepts.
The market analysis of artificial intelligence was valued at USD 16.06 billion in 2017 and is expected to reach USD 190.61 billion by 2025, at a CAGR of 36.62% during the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2025
The artificial intelligence market is expected to reach USD 190.61 Billion by 2025 from USD 21.46 Billion in 2018, at a CAGR of 36.62% during the forecast period. The market growth is mainly driven by factors such as the increasing adoption of cloud-based applications and services, growing big data, and increasing demand for intelligent virtual assistants. The major restraint for the market is the limited number of AI technology experts.
Transparency Market Research has published a new report titled "Advanced Materials (Ceramics, Glasses, Polymers, Composites, and Metals & Alloys) Market for Medical Devices, Automotive, Aerospace, Electricals & Electronics, Industrial, Power and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016-2024." According to the report, the global Advanced Materials market was valued at US$42.76 in 2015 and is anticipated to reach US$ 102.48 by 2024, expanding at a CAGR of 10.4% between 2016 and 2024.
The global nanotechnology market was valued at $1,055.1 million in 2018, and is projected to reach $2,231.4 million by 2025, growing at a CAGR of 10.5% from 2019 to 2025. Nano science and nanotechnology are the study of nanoparticles and devices, which find their application across all the science fields such as chemical, bio-medical, mechanics, and material science among others. Nanotechnology market encompasses the production and application of physical, chemical, and biological systems and devices at scales ranging from individual atoms or molecules to around 100 nano meters.
The Market analysis of Health Care Management Solutions Market by Component (Software and Services), Delivery Mode (On-Premise and Cloud-Based), End User (Payers, Providers), Application (Disease Management, Case Management, Utilization Management) - Global Forecast to 2027",is projected to reach USD 37.94 billion by 2027 from USD 14.12 billion in 2019, at a CAGR of 17.4%. Factors such as the implementation of initiatives to shift the burden of risk from healthcare payers to providers, government initiatives and regulations promoting patient-centric care, initiatives to promote healthcare IT, rising geriatric population, and need to reduce healthcare costs are driving the growth of the care management solutions market.
Biomedical engineering market analysis an updated analysis from the US Bureau of Labor Statistics , employment in biomedical engineering is projected to see the fastest job growth, at 72% through 2018 (current median wage in US: $77,400). The table below summarizes demand for a range of jobs projected for the period 2008-2018.
Laser processing application accounts for the largest share of the market. The leading position of laser processing, in terms of market size, can be attributed to its ability to provide better quality and reliability and more precise output than conventional mechanical methods. Laser processing involves using laser for applications such as materials processing, micro processing, and advanced processing.
The overall laser technology market is expected to grow from USD 12.9 billion in 2018 to USD 16.9 billion by 2024, at a CAGR of 4.65%. Huge demand from the healthcare vertical, enhanced performance over traditional material processing techniques, and shift toward production of nano and micro devices are the key factors driving the growth of this market.
Market analysis for space is projected to grow from USD 2.8 billion in 2019 to USD 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025. One of the major factors expected to fuel the market growth includes the increasing launch of satellites for a variety of applications, such as navigation, communication, Earth observation, and remote sensing.
The robotics market was valued at USD 39.72 billion in 2019 and is expected to register a CAGR of 25% over the forecast period of 2020-2025. In the past decade, industrial robots used to be high priced, due to which, the ROI is expected to be achieved after a decade. However, presently, smaller collaborative robots are priced for companies to receive ROI in months, instead of decades, often costing around USD 20,000.