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The rising interest of various telecommunication service providing companies in internet protocol television (IPTV) is fueling the development of IPTV across the world. Telecom organizations such as Vodafone Group PLC, British Telecommunications PLC, and Verizon Communications Inc. are nowadays focusing on developing novel video services. These organizations are viewing the development of IPTV as a lucrative growth opportunity, on account of its various interactive multimedia functionalities. This is creating a huge pool of companies offering IPTV services.  Apart from the aforementioned factors, the mushrooming penetration of the internet and the development of mobile content distributed networks (CDNs) are also fueling the popularity of IPTV services across the world. The CDN technology assists users in loading websites and downloading content quickly on smart TVs, smartphones, and personal computers (PCs). This is because CDNs make the availability of a large content base possi...

After the emergence of smartphones and smart televisions, the development of smart phones has been made possible because of technological advancements. When we think about smart homes today, we relate the idea to being able to control functions, such as air conditioners, coffee machines, or light switches, with smartphones, but the concept of smart homes has been around for a long time now. According to insight from BBC research, the concept of smart homes started with the invention of remote controls, as uncovered by Nikola Tesla in 1898.  Of course today, the idea has moved forward and smart homes have become a way to conserve energy and offer more convenience to people.  Resident buildings are now being equipped innovative electronic features including wireless devices and structured wiring. The technology gives residents the freedom of controlling a number of automated home devices by giving commands via different software. The idea behind the development of smart homes is...

AaaS enables business organizations to form a virtual workforce that can perform multiple tasks with improved efficiency, at a low cost. With the deployment of virtual workforces, the need for human intervention is eliminated. Moreover, the surging adoption of new-age technologies in the banking, financial services, and insurance (BFSI) sector has led to the increasing utilization of automation solutions. The BFSI sector generates a large amount of data, which is now being documented and analyzed with accuracy by utilizing automation software. Moreover, the adoption of AaaS in this sector reduces the time taken for documenting, accounting, invoicing, calculations, and other important but daily and routine functions. These advantages result in the streamlining of BFSI operations and improvements in the efficiency of the overall system. The type segment of the automation as a service market is bifurcated into rule-based and knowledge-based. In 2017, the rule-based bifurcation held the la...

From $62.1 billion in 2021, the global IoT in manufacturing market value is expected to witness a CAGR of 13.9%, to reach $200.3 billion by 2030. This can be ascribed to the need for enhancing inventory management, growing requirements for higher production efficiency, and rapid industrial automation. Various industries have started implementing IoT due to the rising awareness on the fact that it plays a significant role in industrial automation. IoT can create new technologies for solving problems, increasing productivity, and enhancing operations. In addition, IoT devices are helping in improving inventory management, by allowing manufacturers to automate inventory tracking and reporting. This ensures transparency and the constant monitoring of the time between an inventory order and its delivery. It also saves the valuable time of officials in finding any inventory. IoT-driven inventory management solutions save inventory cost and help manufacturers take a tactical business decision...

The global anti-money laundering market reached a value of $3 billion in 2020 and it is predicted to exhibit huge expansion between 2021 and 2030 (forecast period). The market is being driven by the surging incidence of money laundering cases and the burgeoning demand for monitoring money laundering activities. Additionally, the soaring information technology (IT) expenditure in several countries is also pushing up the requirement for anti-money laundering (AML) solutions across the world.  With the growing penetration of the internet and the rising adoption of virtual currencies, the number of money laundering cases is surging sharply across the world. Furthermore, the increasing utilization of online banking services, including online transactions and digital payments, has also contributed toward the mushrooming incidence of money laundering. This has, in turn, fueled the demand for anti-money laundering solutions and software . Besides these factors, the increasing enactment of ...

The e-commerce automotive aftermarket size is expected to increase from an estimated $78,631.4 million in 2021 to $191,545.7 million by 2030 at a robust 10.4% CAGR. According to the market research study published by P&S Intelligence. Both repair shops and vehicle owners are now procuring replacement vehicle parts online, of which garages, or B2B customers, have been more significant till now. They generally buy the components in bulk, to fit in the vehicles of owners. In the coming years, B2C customers, which include the vehicle owners themselves, will become rapidly significant for companies offering automotive aftermarket parts on online channels. This will be because of the growth in the DIY culture and shopping convenience that e-commerce offers people, in terms of doorstep delivery, special discounts, and product comparisons. E-Commerce Automotive Aftermarket Outlook 2022-2030 Replacement engine parts are being bought the most widely off e-commerce platforms because of the ri...

In 2021, the Western European heavy ground transportation vehicles market valued $155.4 billion, which is expected to increase to $271.5 billion by 2030 , at a 6.4% CAGR. A lot of people from bordering countries come to France to explore its iconic monuments, taste its fine wines, wander in its beautiful countryside, and partake in its haute cuisine, thereby driving the demand for transit buses in Western Europe at a high rate. Although the bus market in the region is small presently, it offers lucrative opportunities to OEMs, component providers, and aftermarket firms, especially with the advent of autonomous and electric buses. Hence, seeing the potential increase in the demand for buses and trucks in Central and Western Europe, automakers have started launching new models with advanced technologies, to suit various industrial and commercial purposes. On the other hand, the Central European heavy ground transportation vehicles market revenue is predicted to witness a CAGR of 5.0%, to...

The global call center AI market attained a valuation of $914.5 million in 2018 and it is predicted to generate a revenue of more than $2,990.1 million by 2024. Furthermore, the market will advance at a CAGR of 22.6% between 2019 and 2024. The main factors driving the advancement of the market are the burgeoning requirement for improved customer care services and customer engagement and the surging usage of AI-powered chatbots for managing work operations efficiently and effectively.  Several industries such as banking, financial services, and insurance (BFSI), telecom, retail, and healthcare are increasingly focusing on the adoption of various AI solutions and technologies for their call center services. For example, Marks and Spencer plc, which is a U.K. based retailer, announced in August 2018 that it aims to displace as many as 100 switchboard employees with an artificial intelligence (AI)-based system that has been developed by the firm, Twilio Inc. This AI system handles call...

The global virtual mobile infrastructure (VMI) market had a valuation of $115.8 million in 2018 and is predicted to reach a value of $194.3 million by 2024. According to the estimates of the market research company, P&S Intelligence, the market will exhibit a CAGR of 9.7% between 2019 and 2024. The market is being driven by the surging adoption of the bring-your-own-devices (BYOD) policy, the increasing penetration of smartphones, and growing coverage of high-speed internet all over the world. Currently, businesses are looking for methods that can help them increase the productivity and efficiency of their employees. Due to the growing requirement for better mobility at workplaces, enterprises are rapidly adopting the BYOD policy. Moreover, this policy helps companies reduce their information technology (IT) expenditure and set-up time. Virtual mobile infrastructure allows companies to host their mobile applications on servers. Moreover, the adoption of VMI allows employees to acc...