Market Research News

Monday 2 July 2018

Self-Service Technology Market Size Is Projected To Reach A Valuation Of USD 39.07 Billion By 2022 : Grand View Research, Inc.

The self-service technology market is expected to reach USD 39.07 billion by 2022, according to a new study by Grand View Research, Inc. Growing focus by enterprises for offering convenient services to the customers along with customizing cost of these services is estimated to drive demand. Deployment of several types of technologically advanced kiosks and vending machines has revolutionized the industry with an improved automation experience.

Various enterprises operating in sectors including food & beverages, retail, healthcare and banking are estimated to be the key demand facilitators. The industry is driven by smart features including NFC advancements, remote monitoring and cashles transactions.

Increasing awareness for active safety systems, changing lifestyle and enhanced security in financial transactions are projected to propel demand. Biometrics for self-service products has helped consumers to experience secure and safe transactions. However, stringent government safety regulations governing the use of vending machines can act as a restraint for industry growth.

Full Research Report On self-service technology market Analysis: http://www.grandviewresearch.com/industry-analysis/self-service-technology-market

Further key findings from the study suggest:

· ATM market accounted for over 80% of the overall demand in 2014 and is estimated to lose share through the forecast period. They have emerged as a multifunctional machines in recent years offering customers with services such as cash deposit, bill payments, and account statements, which was only limited to cash dispense in past. This additional service has benefited the banks and financial institutions to improve their revenue margin, saving their operating time and providing comfort to customers.

· Kiosks segment is expected to exhibit high growth over the next few years, reaching an estimated share of over 21% by 2022. Digital kiosks are becoming more user-friendly as they are capable of undertaking difficult tasks in healthcare, banking and other businesses.

· North America dominated the self-service technology market in 2014, and is expected to exhibit stable grow at a CAGR of over 9.0% from 2015 to 2022. Availability of technologically advanced infrastructure and emergence of new business models is expected to propel demand across this region.

· Self-service technology market share is occupied by companies such as NCR Corporation, Euronet Worldwide, Kiosk Information System, and Diebold. Technology agreements and collaborations are the key strategies adopted by the players in an effort to enhance their foothold. Different types of interactive screens are being introduced by vendors with similar but unique functionalities in an effort to communicate product related information to consumers.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the self-service technology market on the basis of product and region:

Self-Service Technology Product Outlook (Revenue, USD Million, 2012 – 2022)

· ATM

· Kiosks

· Vending Machines

Self-Service Technology Regional Outlook (Revenue, USD Million, 2012 – 2022)

· North America

· Europe

· Asia Pacific

· RoW

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-self-service-technology-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Machine Translation Market Size Is Projected To Reach A Valuation Of USD 983.3 Million by 2024: Grand View Research, Inc.

The global machine translation market size is expected to reach USD 983.3 million by 2022, according to a new study by Grand View Research, Inc., exhibiting a 14.6% CAGR during the forecast period. The reinvention of computer-aided translational tools and growth of adaptive machine translation has considerably widened the scope of the machine translation market.

Key players are increasing their focus on developing advanced MT systems to meet growing consumer needs. For instance, Lilt Inc. has launched an adaptive neural machine translation system to use real-time feedback loop and Artificial Intelligence (AI) to boost the productivity of a human translator. Moreover, the technology is expected to offer opportunities to people for communicating and accessing information in a particular language. This system goes beyond Facebook, Inc.; Apple Inc.; and Microsoft Corporation’s product offerings.

Globalization has significantly contributed to addressing the need for linguistically diverse local audiences. Growing importance of businesses in emerging markets, creation of online content, and need for enabling global collaboration among employees is expected to drive market growth over the forecast period.

Need for organizations to localize their content in several languages to capture international markets is expected to bolster demand for MT systems. Adoption of such systems and instant web publishing requirements is further expected to improve user experience by developing multilingual engagement across different content types.

Growing importance of cloud computing has resulted in increasing demand for cloud-based translation tools. Moreover, delivery of Machine Translation Software-as-a-Service (MTSaaS) over secure cloud offerings accommodated in data centers is expected to offer considerable growth opportunities.

The convergence of Translation Memories (TM) and MT is expected to fully integrate workflows. TM store sentences and paragraphs that were previously translated to aid human translators, accelerating translation projects and reducing costs. Furthermore, the industry has gravitated toward the use of Bilingual Evaluation Understudy (BLEU) as a useful measurement of translation quality. BLEU is a method for automatic evaluation of MT, which is inexpensive and language independent.

Full Research Report On machine translation market Analysis: https://www.grandviewresearch.com/industry-analysis/gardening-equipment-market

Further key findings from the study suggest:

· The automotive and electronics industries are anticipated to gain substantial market share by 2022 owing to need for timely and accurate translation of large amounts of content in various application segments

· The MT market in automotive applications is expected to value around USD 140 million by 2022

· Existence of a large number of players and government initiatives supporting machine translation has impacted industry growth positively in U.S. Google Inc. and Microsoft Corporation have made SMT technology popular with their free online engines in the country

· Demand for Statistical Machine Translation (SMT) has significantly increased over the past few years, due toits effectiveness over Rule-Based Machine Translation (RBMT) in terms of time and cost

· SMT contributed to more than 65.0% of the overall MT market revenue

· Key players in the industry include IBM Corporation; SDL PLC; Lionbridge Technologies Inc.; Asia Online Pte Ltd.; and Lighthouse IP Group.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global machine translation market report on the basis of application, technology, and region:

Machine Translation Application Outlook (Revenue, USD Million, 2012 - 2022)

· Automotive

· Military & Defense

· Electronics

· IT

· Healthcare

· Others

Machine Translation Technology Outlook (Revenue, USD Million, 2012 - 2022)

· RBMT

· SMT

· Others

Machine Translation Regional Outlook (Revenue, USD Million, 2012 - 2022)

· North America

o U.S.

o Canada

· Europe

· Asia Pacific

· Latin America

· Middle East and Africa (MEA)

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-machine-translation-market

Thursday 28 June 2018

Orthopedic braces and supports market Is Expected To Reach USD 5.8 billion by 2025 : Grand View Research, Inc.

The global orthopedic braces and supports market is expected to reach a value of USD 5.8 billion by 2025, according to a new report by Grand View Research, Inc. There is a growing demand for orthopedic support systems in order to improve the structural and functional features of skeletal and neuromuscular systems. These kinds of support systems restrict mobility to a particular direction, thereby, assisting the overall movement of a patient.

Osteoporosis is one of the leading causes of musculoskeletal disorders amongst the aging population. This generates the need for orthopedic support systems. Geriatric population plays a vital role in accelerating the demand for the products in the market. This population base exhibits highest incidence of musculoskeletal disorders. Aging leads to significant changes in the skeletal and neuromuscular systems, resulting in weak ligament, arthritis, and Anterior Cruciate Ligament (ACL) tear. Currently, the geriatric population is growing at an unprecedented rate. As a result, the demand for orthopedic braces and supports is expected to grow in the near future.

Rising incidence of sport-related injuries has also become a leading cause for osteoarthritis among athletes. Health conscious people are continuously engaged in fitness-related activities. This might lead to muscle pain, which results in increased demand for braces & supports. Sometimes, athletic activities can also result in knee joint disorder, which facilitates rise in demand for knee braces.

Full Research Report On orthopedic braces and supports market Analysis: http://www.grandviewresearch.com/industry-analysis/orthopedic-braces-support-systems-market

Further Key Findings From the Study Suggest:

· Knee braces and supports held the largest market share in 2015 as knees are extremely vulnerability to injury at the time of sports-related activities

· Amongst the end-use segment, orthopedic clinic was the largest revenue contributor in 2015 due to increasing preference for orthopedic consultations for quick check up

· The Over-the-counter (OTC) segment is anticipated to grow at a lucrative CAGR over the forecast period owing to the fact that the braces and support systems are readily available in the retail stores without a doctor’s prescription

· North America dominated the market in 2015 owing to rising healthcare spending and high purchasing power associated with this region

· Asia Pacific is expected to witness attractive growth over the forecast period due to rising geriatric population in China

· Some of the key companies are Bauerfeind AG; DJO Global, Inc.; Össur Corporate; Breg, Inc.; DeRoyal Industries, Inc.; Otto Bock Healthcare GmbH; and BSN Medical GmbH.

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the orthopedic braces & supports market on the basis of product, end use, and region:

Orthopedic Braces & Supports Product Outlook (Revenue, USD Million; 2014 - 2025)

· Knee Braces & Supports

o Knee Braces for Osteoarthritis and Ligament Injuries

o Post-operational Knee Braces

· Foot and Ankle Braces & Supports

o Soft Braces

o Hinged Braces

· Spinal Orthoses

· Upper Extremity Braces & Supports

o Shoulder Supports

o Wrist & Hand Supports

Orthopedic Braces & Supports End-Use Outlook (Revenue, USD Million; 2014 - 2025)

· Orthopedic Clinics

· Over the Counter (OTC)

· Hospitals

· Others

Orthopedic Braces & Supports Regional Outlook (Revenue, USD Million; 2014 - 2025)

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

· Asia Pacific

o China

o India

· Latin America

o Brazil

o Mexico

· MEA

o South Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-orthopedic-braces-support-systems-market

Protein expression market Is Projected To Expand At A Healthy Growth Rate Of USD 3.0 billion by 2025 : Grand View Research, Inc.

The global protein expression market is expected to reach USD 3.0 billion by the year 2025 growing at a CAGR of 10.4%, according to a new report by Grand View Research, Inc. The growing demand for biologics and expansion of the biopharmaceutical industry have resulted in massive growth of the protein expression market. Rising demand for therapeutic proteins such as insulin, hormones, monoclonal antibodies,and vaccines is a major factor that propels growth of the market during forecast period. Thus, many biotechnology and pharmaceuticals companies have begun to concentrate on the development and manufacturing of advanced therapeutic proteins for the treatment of severe chronic diseases such as cancer, hemophilia, infectious diseases, anemia, and multiple sclerosis.

Increasing investment in the R&D, by biotechnology and pharmaceutical companies, is another major factor supporting the sector growth. The availability of new and advanced technologies to cater the needs of drugs & biologics product manufacturers boosts the adoption of protein expression products for research and manufacturing applications. In addition, several pharmaceutical and biotechnology manufacturers are undergoing collaborations and partnerships to achieve leadership in the sector. For instance, in December 2016, Takara Bio, Inc. signed a merger agreement with Rubicon Genomics, Inc. to strengthen its genomics business.

Full Research Report On protein expression market Analysis: http://www.grandviewresearch.com/industry-analysis/protein-expression-market

Further Key Findings From The Report Suggest:

· Prokaryotic expression systems segment was the largest revenue-generating amongst others owing to its large application in biologics and drug productions

· Mammalian cell expression systems is the fastest growing segment of the protein expression market owing to its growing demand for proteomics research and biologics manufacturing

· Reagents segment held the largest revenue share in the market, which is attributed to its repetitive purchase fortherapeutic, industrial, and research applications

· The services segment is projected to grow at highest rate due to increasing trend of outsourcing of protein expression services by research labs and drug manufacturers

· Therapeutic application segment was leading in 2016, due to high demand of therapeutic proteins for the treatment of cancer, infectious diseases, anemia, hemophilia, and multiple sclerosis

· The pharmaceutical and biotechnological companies segment dominated the sector in terms of revenue in 2016 due to rising focus on proteomics research and increasing production of biologics products

· North America was the leading regional market in 2016 and is expected to maintain its dominance during the forecast period, because of the presence of large number of biopharmaceutical and biotechnology companies in this region

· The Asia Pacific region is projected to grow at a highest CAGR during the forecast period owing to untapped opportunities in the developing countries including China and India

· Some of the major players include Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., Thermo Fisher Scientific Inc., Merck KGaA, New England Biolabs, Promega Corporation, Qiagen, and Takara Bio, Inc.

View More Reports Of This Category By Grand View Research At:
https://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the global protein expression market on the basis of expression systems, product, application, end-use, and region:

Expression Systems Outlook (Revenue, USD Million; 2014 - 2025)

· Prokaryoticexpression systems

· Mammalian cell expression systems

· Insect cell expression systems

· Yeast expression systems

· Other expression systems

Product Outlook (Revenue, USD Million; 2014 - 2025)

· Reagents

· Competent cells

· Expression vectors

· Services

· Instruments

Application Outlook (Revenue, USD Million; 2014 - 2025)

· Therapeutic

· Industrial

· Research

End-Use Outlook (Revenue, USD Million; 2014 - 2025)

· Pharmaceutical and biotechnological companies

· Academic research

· Contract research organizations

· Others

Regional Outlook (Revenue, USD Million; 2014 - 2025)

· North America

o U.S.

o Canada

· Europe

o Germany

o UK

· Asia Pacific

o Japan

o China

o India

· Latin America

o Brazil

o Mexico

· MEA

o South Africa

View Press Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-protein-expression-market