Market Research Blog – Page 3952 – New Product Development

Tableland Tourism Market Soars to New Heights, Envisions a Staggering US$ 43.4 Billion Revenue and 12.5% CAGR by 2032 | FMI

As per a recent market analysis by Future Market Insights (FMI), the tablelands tourism market is poised to reach a valuation of US$ 2.5 Billion in 2022. Sales are projected to increase at 12.5% CAGR, with the market size reaching US$ 43.4 Billion by 2032.

The Tablelands tourism market is forecasted to grow at a consistent growth rate during the forecast period. This is majorly attributed to the growing popularity of global content and the trend of cultural integration. People interested in understanding culture from different regions and experiencing them are likely to visit these places. The natural beauty and the landscapes around the regions are attracting adventure seeking tourists and nature lovers.

Overall, the tablelands tourism is attracting more and more tourists each year and make them come back for experiencing more. the services provided by local businesses and the tour companies are leaving positive impression on tourists about the tablelands tourism market.

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Key Takeaways from the Tablelands Tourism Market Study:

The North America, Europe and Asia Pacific regions hold a market share of 32%, 28% and 30% respectively.
The Covid-19 pandemic had a 60% impact on the value of the Tablelands tourism sector.
Australian cities like Queensland, Atherton, Cairns are popular tablelands to visit, along with cities in India, Tibet, Nepal and Bhutan.
National Parks and Mountains are the most popular location types in the Tablelands tourism market.
Online booking channels lead the charts in Tablelands tourism market booking channel segmentation.

“Customer satisfaction and a wide number of customized unique packages will be the key to grabbing the market leadership.” – FMI Analyst said.

Who is winning?

The tour companies around the world are giving unique experiences to the tourists visiting Tablelands. The tablelands are full of natural heritage, along with different cultures depending upon different countries they are in. By giving customized tour packages and helping tourists to explore the region, key players are attracting tourists all around the world.

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The key players in the Tablelands tourism market

Tableland Trails Indigenous Corporation,
Atherton Tablelands
Infinity Fun Travel Pvt. Ltd.
Yungaburra Tours
Everything Travel Group Pvt. Ltd.
Tabletours.com
Barefoot Tours
Tableland tours
Tourism Cairns
Viator

The Tableland Tourism Sector by Category

By Location Type:

Hills
Lakes
Trails
Waterfalls
Parks
Farms
Museums

By Booking Channel:

Phone Booking
Online Booking
Direct Booking

By Tourist Type:

Domestic
International

By Tour Type:

Independent Traveller
Package Traveller
Tour Group

By Consumer Orientation:

Men
Women

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

App Analytics Market to Reach US$ 16,008.8 Million, Forecasting 19.7% CAGR

The global app analytics market is experiencing an impressive surge, poised to reach the remarkable milestone of US$ 16,008.8 million with an anticipated CAGR of 19.7% until the year 2033. This substantial growth is indicative of the increasing significance and adoption of app analytics across various industries.

As businesses increasingly recognize the pivotal role of data-driven insights in optimizing user experiences and enhancing app performance, the demand for advanced analytics solutions is on the rise. The app analytics market’s robust trajectory is a testament to the transformative impact these tools have on decision-making processes, enabling companies to refine their strategies, improve user engagement, and stay competitive in the dynamic digital landscape.

The forecasted CAGR underscores the sustained momentum and promising future of the app analytics market as it continues to evolve and meet the evolving needs of businesses in the tech-driven era.

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Mobile analytics is being used by businesses to analyze and improve the performance of their mobile apps and services, as well as to measure and understand how users interact with their apps. Businesses are very keen on evaluating their user profiles, sales funnels, crash rates, demographics, app open rates, user retention, or any other data that is relevant to their business, including sliding away users, time spent on the app, or most common paths to an in-app purchase.

Since mobile analytics SDKs create a persistent and unique identifier for each device with the help of tools, they don’t rely on cookies to identify specific users. This will continue to drive the popularity of mobile app analytics in the market.

However, the shortage of skilled professionals and concerns regarding privacy and data protection in mobile apps is anticipated to impede industry expansion. The key market players’ recent initiatives, such as new product launches, alliances, and acquisitions, are anticipated to accelerate market expansion.

Key Takeaways from the App Analytics Market Report:

By type, the mobile app analytics segment is estimated to grow at a robust CAGR of 4% through 2032.
Based on application, marketing & advertising analytics segment is anticipated to grow at the highest CAGR of 3% between 2022 & 2032.
By industry, the retail & e-commerce segment is anticipated to grow at a CAGR of 6% between 2022 & 2032.
North American app analytics market is expected to reach a valuation of US$ 3,948.9 Million by 2032.
The U.S. app analytics market is slated to grow at a CAGR of around 4% through 2032.
In India, the app analytics market is expected to grow at a CAGR of 2% during the forecast period.

Growing Demand Across BFSI Sector to Boost App Analytics Market Growth:
The growing popularity of app analytics across various industry verticals such as BFSI, retail, travel and tourism, media and entertainment, etc. is majorly responsible for driving the growth of the app analytics market.

Business intelligence and data analytics technologies and solutions have consistently assisted banks and financial institutions in reflecting all the rules, remaining competitive, and meeting the digital expectations of today’s clients.

Financial organizations may make “smarter” decisions that are more profitable and efficient by using data analytics and business intelligence (BI) solutions. BFSI businesses must incorporate analytics into processes that trigger automated actions and more contextual, real-time decision-making.

Who is Winning?
Taplytics, Kochava, Adobe Systems Inc., IBM Corporation, Amazon.com, Inc., Google Inc., Yahoo Inc., Countly, Upland Software, Inc., Apptentive, Moengage, Mixpanel, Content Square SAS, TUNE Inc., Clever Tap, AppsFlyer, Amplitude, Appsee are some of the key players operating in the global app analytics market.

These leading providers are constantly focusing on introducing novel solutions for improving their customer base as well as increasing their revenue share. They are also collaborating with several industries to boost the adoption of their app analytics solutions.

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More Valuable Insights on the App Analytics Market:
Future Market Insight’s report on the app analytics industry research is segmented into four major sections – type (mobile app analytics, and web/desktop apps analytics), application (marketing & advertising analytics, revenue analytics, in-app performance analytics, and others), industry (BFSI, retail & e-commerce, media and entertainment, travel and tourism, IT & telecom, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the app analytics demand outlook.

App Analytics Market Segmentation:

By Type:

Mobile App Analytics
Web/Desktop App Analytics

By Application:

Marketing & Advertising Analytics
Revenue Analytics
In-app Performance Analytics
Others

By Industry:

BFSI
Retail & E-commerce
Media & Entertainment
Travel and Tourism
IT & Telecom
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

No-Code AI Platforms on Track for 28.3% CAGR Surge, Targeting US$ 49,481 Million

The no-code AI platform market is on the brink of a remarkable surge, projected to achieve an impressive CAGR of 28.3%, ultimately setting its sights on a staggering market valuation of US$ 49,481 million by the year 2033. This forecast underscores the accelerating adoption and growing significance of no-code artificial intelligence solutions in various industries.

As organizations increasingly recognize the transformative potential of AI, the demand for user-friendly, accessible platforms that require minimal coding expertise is escalating.

The No-code AI Platform Market, with its forecasted growth trajectory, represents a pivotal player in the technological landscape, offering businesses an efficient and streamlined path to harnessing the power of artificial intelligence without the traditional complexities associated with coding. This meteoric rise not only reflects the market’s robust potential but also signals a paradigm shift towards democratizing AI development and implementation.

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The purpose of no-code AI platforms is to provide non-programmers, beginners, or people who may not have the best understanding of AI implementation, with the necessary tools and services to implement their own AI models and projects without writing a single line of code. No-code AI platforms can also be used by people who have expertise in AI to accelerate their workflow. The platform consists of drag-and-drop options, as well as other user-friendly options which make the operation easier for non-programmers.

Key Takeaways from the No-Code AI Platform Market Report:

By solution, the no-code AI tool segment had generated a share of nearly US$ 1,840.4 Million in 2021.
By industry, the BFSI segment had exhibited the highest CAGR of 34.2% in 2021.
By technology, the predictive analysis segment is set to witness the fastest growth at a CAGR of 19.7% in the forecast period.
The top 5 key players in the global no-code AI platform market are set to generate about 35% of the share in the assessment period.
The India no-code AI platform market is expected to showcase the highest CAGR of 37.5% in the forecast period.

Ability of No-Code AI Platforms to Enable Domain Experts to Develop AI Projects Will Aid Growth:
No-code AI platforms provide users with several drag-and-drop, user-friendly options, and features to build AI models, ML programs, and automated processes. Due to their simplification, businesses can easily build chatbots for themselves, and even software developers who do not have expertise in AI can implement novel features in their software solutions by using no-code AI platforms.

Cyber security professionals can find bugs and errors in their systems and improve the accuracy when they are analyzing their data. AI can also help individuals and businesses accomplish their tasks more efficiently, as well as improve those tasks that their software and products could not do.

Leading Key Players:

Clarifai Inc
Caspio Inc
Google
Amazon
Microsoft
Akkio Inc
Apteo
Runway
QuickBase Inc
AgilePoint Inc
MonkeyLearn
Levity
Intersect Labs
Apple
DataRobot Inc

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More Valuable Insights on the No-Code AI Platform Market:
In this report by Future Market Insights, the no-code AI platform has been segmented into four sections: by solution no-code AI tools: (cloud-based and on-premises); services (professional services (consulting services, support and maintenance, training and education, software development) and managed services), technology (Natural Language Processing (NLP), Computer Vision, Predictive Analytics), enterprise size (Small and medium enterprises (SME) and large enterprises), industry (BFSI, IT & telecom, retail, healthcare, manufacturing, government, education and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the no-code AI platform demand outlook.

No-code AI Platform Market Segmentation:

By Solution:

No-code AI tools
- Cloud-Based
- On-Premises
Services
- Professional Services
  - Consulting Services
  - Support and Maintenance Services
  - Training and Education
  - Software Development
- Managed Services

By Technology:

Natural Language Processing (NLP)
Computer Vision
Predictive Analytics

By Enterprise Size:

Small and Mid-Sized Enterprises (SMEs)
Large Enterprises

By Industry:

BFSI
IT & Telecom
Retail
Healthcare
Manufacturing
Government
Education
Others

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
The Middle East & Africa

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Stadium Security Market Projections: A Robust 7.2% CAGR Forecast to Propel Revenues to US$ 21.3 Billion by 2032

The Stadium Security Market revenues were estimated at US$ 9.5 Billion in 2021 and is anticipated to grow at a CAGR of 7.2% from 2022 to 2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 21.3 Billion. Revenue through stadium security software hardware is expected to grow at a CAGR of 6.7% from 2022 to 2032.

Terrorist attacks at an occasion or event at a stadium have been the key element driving the expansion of the stadium security industry in the coming years. The safety and security of the venues are critical for big events, such as shows, games, and other open social gatherings that take place in the arenas. Managing a large group of people is not an easy task, since group upheavals, misbehavior by some bystanders, and infractions are all too often.

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Similarly, there is a strong risk of militant attacks at prime locations. In the past, the attacks including the 2017 Manchester attack and the 2015 Paris attack, posed a serious threat to human life. Numerous prominent players are implementing stadium surveillance systems at several large stadiums to get an advantage against tough competitors. Vodafone, for example, is expected to create a smart stadium safety and security system for the FIFA World Cup 2022 in Qatar.

Key Takeaways from the Market Study

Global Stadium Security Market is expected to reach a market size of US$ 13.9 Bn by 2022.
In terms of Component, the Hardware segment is expected to account for the highest CAGR of 6.7% during the forecast period.
In terms of Sales Channel, the Channel Partner segment is expected to account for the highest CAGR of 8.3% during the forecast period.
United States is expected to remain the most dominant market with an absolute dollar growth opportunity of US$ 3.5 Bn during 2022–2032.
The market in U.S is set to experience the highest CAGR of 6.6% during the 2022–2032 forecast period.

Competitive Landscape

The Stadium Security Market is highly concentrated, with a few competitors accounting for the vast majority of the market share. The established firms are attempting to obtain supremacy in this sector. These firms are increasing their profits and market shares through smart joint projects. The key stadium security

companies include Cisco Systems Inc., Intel Corporation, BOSCH Security Systems Inc., Avigilon Corporation, Honeywell International Inc., Axxonsoft, Genetec Inc., Rapiscan Systems, NEC Corporation, and Dallmeier.

Some of the recent developments in the Stadium Security market include:

In May 2021, Cisco acquired Kenna Security, a risk-based vulnerability management platform provider. It will enable Cisco to offer its customers to collaborate cross-functionally to quickly discover, prioritize, and remediate cyber hazards.

Being a part of the SecureX system, Cisco Security will combine risk-based and threat vulnerability management, broadening the experience of the platform and offering full scorecards for security measures and threat response capabilities.

In September 2021, Dallmeier, a provider of video security equipment in Germany announced that their Panomera multifocal sensor cameras have been seamlessly integrated into the Breakthrough XProtect video management software (VMS). The connection adds new possibilities for seeing and monitoring broad areas and massive geographical contexts to XProtect users.

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More Insights Available:

Future Market Insights, in its new offering, presents an unbiased analysis of the Stadium Security Market, presenting historical market data (2017–2021) and forecast statistics for the period of 2022–2032.

The study reveals extensive growth in the Stadium Security Market in terms of Components (Hardware, Software, Services), Sales Channel (Channel Partners, Direct Sales, Others), and across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

Market Segments Covered in Stadium Security Market Analysis

By Component:

Hardware
Access Control Systems
Video Surveillance Systems
Others
Software
On-Premise Based
Cloud-Based
Services
Installation and Maintenance
Others

By Sales Channel:

Channel Partners
Direct Sales
Others

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Software-Defined Anything (SDx) Market to Witness Remarkable 17.5% CAGR Growth by 2032

The Software-Defined Anything (SDx) Market revenues were estimated at US$ 61.4 Billion in 2021 and are anticipated to grow at a CAGR of 17.5% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 380.5 Billion.

Software-defined networking platforms help network owners by providing more control over traffic flow to automate many functions associated with network management. Consequently, communication systems, which include countless Communication Service Providers (CSPs), are investing heavily in software-defined networking technologies to improve network management.

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Key Takeaways from the Market Study

Global Software-Defined Anything (SDx) Market is estimated to reach a market size of US$ 76.1 Billion by 2022.
In terms of Type, the Software-Defined Networking (SDN) market is expected to grow at a CAGR of 18.2% during the forecast period.
In terms of End Users, the Service Provider segment is expected to account for a CAGR of 18.2% during the forecast period.
United States to remain the most dominant market with an absolute dollar growth opportunity of US$ 108.2 Billion during 2022 – 2032.
The market in U.S is set to experience the highest CAGR of 17.1% during the forecast period.

Competitive Landscape:

Due to the significant growth in demand for software-defined services from clients and other consumers in the industry, manufacturers in this market are constantly investing in the research and development of SDx technology. Since there is intense rivalry in this sector, several manufacturers are increasingly concentrating on purchasing small businesses to expand their product range and virtualization solutions.

Some of the key developments in the market include:

In September 2021, Hewlett Packard (HP) Enterprise announced the completion of its takeover of Zerto, a provider of cloud data protection and management, for a net cash purchase cost of US$ 374 Mn. This purchase instantly aligns the HPE GreenLake edge-to-cloud system with a solution in the high-growth data security industry and is expected to drive HPE’s storage company into a software-defined, cloud-native information services business.
In March 2021, Cisco announced the completion of its takeover of Acacia Communications, which designs, produces, and distributes high optical connectivity solutions for data centers, and regional, metro, long-haul, and submarine networks.
Cisco’s ‘Internet for the Future’ approach emphasizes software, optics, and silicon, as crucial building blocks for bringing disruptive breakthroughs across different disciplines. As web traffic and bandwidth continue to rise, optics will play an increasingly important role in pushing architectural changes. Cisco’s purchase of Acacia reaffirms their engagement to optics as one of the fundamental building pieces that will strengthen Cisco’s ‘Internet for the Future’ vision by providing world-class coherent optical solutions to their customers.

Key Players:

Some of the key Software-defined Anything companies include Cisco, Dell EMC, Hewlett Packard Enterprise, VMware, Huawei, Broadcom Inc., Citrix, Intel Corporation, IBM Corporation, and AT&T Inc.

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More Insights Available:

Future Market Insights, in its new offering, presents an unbiased analysis of the Software-Defined Anything (SDx) Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Software-Defined Anything (SDx) Market by Type (Software-Defined Networking, Software-Defined Wide Area Network, Software-Defined Data Center, Software-Defined Storage, Software-Defined Data Center Networking), End-User (Service Provider, Enterprises), Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Vacation Rentals Market Set to Exceed US$ 132.7 Billion, Fueled by a 5.9% CAGR in the Travel and Tourism Industry by 2033 | FMI

The global vacation rental market is predicted by Future industry Insight to reach a valuation of roughly US$ 132.7 billion by 2033, representing a 5.9% compound annual growth rate. This is a noteworthy increase from its projected value of US$ 74.8 billion in 2023.

The expansion of the global tourism market has greatly influenced the increase in demand for holiday rentals. As more individuals travel internationally, the need for diverse accommodation options has risen. Vacation rentals present a compelling alternative to traditional hotels, catering to the evolving demands of travelers worldwide.

There has been a noticeable shift in traveler preferences, as individuals seek out distinctive and authentic experiences rather than conventional hotel stays. Vacation rentals have emerged as a popular choice, offering a personalized and homely environment that allows travelers to truly immerse themselves in the local culture and lifestyle.

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Vacation rentals can often be more cost-effective than staying in hotels, especially for families or large groups. Renting a vacation home or apartment typically provides more space, multiple rooms, and amenities like kitchens and laundry facilities. This can significantly reduce expenses associated with dining out and laundry services.

Travelers are increasingly favoring vacation rental properties over hotels due to the enticing combination of comfort, affordability, privacy, and their suitability for families and pets. The lower cost, coupled with comparable amenities to those offered by hotels, is a key factor driving consumers’ preference for vacation rentals. Furthermore, the adoption of the work-from-anywhere model is expected to present growth opportunities for market players during the forecast period.

The sharing economy concept has gained substantial traction, with platforms like Airbnb leading the charge. According to statistics from Stratos Jet Charters, Inc., Airbnb alone boasts a vast network of 2.9 million hosts worldwide, with an impressive addition of over 14,000 new hosts each month in 2021. In addition, Airbnb’s operations span approximately 220 countries, encompassing around 100,000 cities that actively offer Airbnb listings as of 2021.

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The growing supply of vacation rentals is contributing to the increased demand and availability of these accommodations, especially considering their cost advantages over hotels. These platforms enable property owners to rent out their homes or spare rooms to travelers. This aspect thereby creates an extensive inventory of vacation rentals. This peer-to-peer sharing model has disrupted the traditional hospitality industry and opened up many options for travelers.

The rise of online booking platforms and vacation rental marketplaces has made it easier for property owners to list their properties and for travelers to search, compare, and book vacation rentals. This increased accessibility and convenience have contributed to the growth of the market. Online travel agencies have played a vital role in driving the vacation rentals market. The extensive marketing and distribution channels provided by them have significantly increased the visibility of vacation rentals. Consequently, they attract a greater number of travelers to opt for this accommodation alternative.

Modern travelers place a premium on immersing themselves in local culture and exploring destinations from an insider’s perspective. Vacation rentals excel in providing an authentic experience. This allows travelers to reside in residential neighborhoods and engage with local communities. The desire for genuine local experiences has been a key driving force behind the increased demand for vacation rentals.

The impact of social media and the internet is amplifying consumer awareness of services and offerings in the vacation rentals market. Leading industry players are actively promoting a wide range of services, enticing locations, and amenities to capture a larger market share. Moreover, there is a growing focus on catering to the needs of female travelers, with dedicated services tailored specifically for them.

The use of home-sharing websites for travel accommodations is projected to increase among the Baby Boomer generation for several reasons. One of these reasons is their strong focus on relationships and spending quality time with family. Similar to millennials, Baby Boomers are increasingly seeking authentic travel experiences. A significant portion of this older demographic expresses a preference for dining or touring with locals while traveling.

Key Takeaways from the Vacation Rentals Market

The vacation rentals industry in the United Kingdom is anticipated to rise sizably, exhibiting a CAGR of 5.5% through 2033.
The United States held a 4.5% share of the global vacation rentals industry in 2022.
With a CAGR of 5% over the forecast period, India is predicted to develop rapidly in the vacation rentals industry.
In 2022, Japan had a 3.7% share of the vacation rentals industry globally.
The vacation rentals industry in China is expected to flourish speedily, registering a CAGR of 6% over the forecast period.
Germany accounted for 3% of the global vacation rentals industry in 2022.

Key Players

Airbnb Inc.
9flats.com Pte Ltd.
Wyndham Destinations Inc.
Expedia Group Inc.
MakeMyTrip Pvt. Ltd.
Oravel Stays Pvt. Ltd.
Booking Holdings Inc.
Hotelplan Holding AG
NOVASOL AS
TripAdvisor Inc.
Destination Club
Tripping.com
Peer-to-Peer Property rental
Canada Stays
Homeaway

Competitive Landscape in the Vacation Rentals Market

Key players are focusing on various strategies to stay competitive and meet customer demands. A few of these strategies include

investing in technology and user-friendly platforms to enhance the booking experience
expanding their property listings globally
implementing strict quality standards
offering personalized services to cater to diverse traveler preferences
forming strategic partnerships to provide additional services and attract more travelers

Recent Developments by Key Players

In April 2023, Tangy Management, a pioneering vacation rental and property management company headquartered in Miami, unveiled its latest consumer travel booking website, setting a new standard in the vacation rental industry.

In October 2022, Holidu, a vacation rental startup based in Munich, raised US$ 102 million in a Series E funding round. The round included a combination of equity and debt financing. Existing investor 83North led the funding round.

Global Vacation Rentals Market by Category

By Accommodation Types:

Home
Apartments
Resorts / Condominium
Others

By Booking Channel:

Online
Offline

By Price Range:

Economical
Mid-Range
Luxury

By Booking Channel:

Online Booking
In-Person Booking
Phone Booking

By Tourist Type:

Domestic
International

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 years

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

About Future Market Insights (FMI)

Contact Us:

Nandini Singh Sawlani

Recruiting Automation Software Market Targets US$ 660 Million with a 2.7% CAGR

The recruiting automation software market is poised for substantial growth, with a projected CAGR of 2.7%. This steady expansion is expected to drive the market’s valuation to nearly US$ 660 million, underscoring the increasing demand for automation solutions in the recruitment sector.

As organizations across various industries seek to streamline their hiring processes and enhance efficiency, recruiting automation software is becoming an indispensable tool. These solutions not only reduce manual intervention in talent acquisition but also offer advanced features like resume parsing, candidate ranking, and automated communication, making them essential for modern HR departments. With this upward trajectory, the recruiting automation software market is demonstrating its potential to significantly impact the future of recruitment practices.

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Efficiency and Cost benefits are encouraging the demand for automation software:
Companies are adapting recruiting software since the automation of mundane processes and functions like sourcing, screening and the creation of rich talent can enable the best value from recruiters. Recruiting Automation Software also enhances recruitment analytics for future use.

GenZ entering the workforce has led to employers having to adapt to candidates who look for quick and up-to-date processes:
Research finds that GenZ looks for companies that have timely, communicative, multi-platform recruiting processes. They are driven by the creation of valuable interactions with recruiters. Companies who want to tap into emerging talent are looking to the adoption of automated recruiting software.

Recruiting Automation Software Market: Competition Insights:
At present, Recruiting Automation Software providers are focused on developments that will ensure further simplification of mundane processes, as well as automation of initial tests and screenings. The key companies operating include Zoho, Recruit, LinkedIn Talent, Indeed, Hiretual, SmartRecruiters, Samanage Ltd., Entelo, Dice, Beamery, CareerBuilder, JobDiva, JazzHR, Greenhouse, Bullhorn, and ZipRecruiter.

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Some of the recent developments in Recruiting Automation Software are as follows:

In May 2022, Fetcher, a talent acquisition, and Recruiting Automation platform, underwent Series B funding, raising US $27 Million and bringing the total amount raised to US $40 Million.
In January 2022, South Korean HR platform Flex underwent Series B funding, raising US $32 Million with the total amount raised being US$ 42 Million. Flex plans to use the funding to advance HR and recruitment automation.
In August 2020, Loxo, a provider of AI-based recruitment automation software launched the next generation of their recruiting CRM and a new product named “deals”, which is designed for RPOs, recruiting agencies, and executives.

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Future Market Insights, in its new offering, presents an unbiased analysis of the Recruiting Automation Software Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in the Recruiting Automation Software Market by Type (Software-Defined Networking, Software-Defined Wide Area Network, Software-Defined Data Center, Software-Defined Storage, Software-Defined Data Center Networking), End-User (Service Provider, Enterprises), Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

Recruiting Automation Software Market Segmentation:

By Type:

Cloud-Based Recruiting Automation Software
On-Premise Recruiting Automation Software

By Application:

Large Companies
Small and Medium Companies

By Region:

North America
Europe
Asia Pacific
Middle East & Africa
Latin America

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Open API Market Targets US$ 19591.4 Million Revenue with 21.5% CAGR

The global open API market is expected to generate approximately US$ 19591.4 million by 2033, up from US$ 2794.5 million in 2023, with a CAGR of 21.5% from 2023 to 2033. The demand for open API is expected to grow, owing mostly to features that allow third parties to build applications ‘on top’ of the platform, lowering costs and shortening time-to-market.

Open API promotes the use of social sharing practices for marketing objectives and syndicates items and offerings across several platforms, hence encouraging the use of open API. APIs are becoming increasingly significant as they govern how developers can construct new programs that connect to large Web services, such as social networks like Facebook or Pinterest, or utilities like Google Maps or Dropbox.

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In many cases, these APIs save time and offer user comfort, and this is predicted to influence forthcoming developments in the open API industry. Patient-centric medical care, on the other hand, is a burgeoning value-based strategy for medical treatments that have programs that result in improved outcomes, greater levels of patient satisfaction, and superior levels of care quality.

APIs have been increasingly important in the delivery of patient-centered healthcare in recent years. Furthermore, the advent of a diverse range of services, such as wearable medical equipment and remote patient monitoring, is predicted to significantly increase North America’s open API market share.

Key Takeaways from the Open API Market Report:

The market has grown at a CAGR of 20% during the last five years.
Between 2023 and 2033, sales in India are expected to expand at a notable 21% CAGR.
North America is expected to dominate the open API market in 2023, with a revenue share of 30%.
With a 25% market share, Asia Pacific is the second biggest market for Open APIs.
Between 2023 and 2033, the United States market is predicted to develop at an outstanding 22% CAGR.

Competitive Landscape

In recent years, the market has seen many industry initiatives aimed at developing standards for API expansion. There is some evidence that APIs will become a permanent fixture in a variety of business sectors.

In July 2023, Thailand-based National ITMX started an Open API infrastructure project to assist in the advancement of member banks’ products and services. The effort aspires to develop a dynamic app programmer community for banking businesses by marketing the API Hub as a source of funds and non-financial APIs.
MTN Group, a worldwide telecommunications company, announced the start of its Open API Hackathon in July 2023, encouraging developers from other markets to participate in designing unique mobile apps for their respective markets that use the MTN Mobile Money APIs.

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Future Market Insights, in its new offering, presents an unbiased analysis of the global Mini Data Center market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.

The study reveals essential insights by Application (Cloud Computing (IaaS, PaaS, SaaS), Transportation, Financial Services, e-Commerce, Social Networking, Media & Entertainment, Advertising, Government, and Others), and Region.

Leading Key Players:

Open Banking Working Group (OBWG) UK
CAPS
Open Bank Project
Open API initiative
IXARIS Open Payment Ecosystem
Open Financial Exchange (OFX)
Financial Transaction Services (FinTS)
Banking Industry Architecture Network (BIAN)
W3C Web Payments Interest Group.
Wipro Limited

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Open API Market Segmentation:

By Application:

Cloud Computing (IaaS, PaaS, SaaS)
Transportation
Financial Services
e-Commerce
Social Networking
Media & Entertainment
Advertising
Government
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia & Pacific
East Asia
Middle East & Africa

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Software-Defined Data Center Market Soars: Anticipated CAGR of 17.3%, Expected to Reach US$ 228.6 Billion by 2032

The software-defined data center market revenues were estimated at US$ 39.4 Billion in 2021 and are anticipated to grow at a CAGR of 17.3% during 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 228.6 Billion.

Some of the key Software-Defined Data Center market drivers are an increase in the number of created data, an increase in the requirement for efficient network management, and a considerable decrease in Capex and Opex.

However, rising worries about data privacy and security, inefficient resource allocation, and a shortage of qualified labor are some of the reasons that may stymie industry expansion. Furthermore, the market benefits from an increase in demand for hybrid clouds as well as an increase in the use of the Internet of Things.

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As technology evolves and more companies adopt cloud technologies and digitalization, SDI assists firms in focusing on their digital transformation operations to achieve business outcomes. SDX also aids in abstracting away from improvement, development, and business teams to accomplish substantial results. Some of the most potential advantages for any firm are agility and scalability.

Moreover, SDx provides a virtualization gateway, which is emerging as an important application infrastructure component for software applications in digital business. SDX also strives to offer new and enhanced goods and services at the speed of the client, not the speed at which the infrastructure team traditionally functions, hence boosting market growth.

Key Takeaways from the Software-Defined Data Center Market Report:

Global Software-Defined Data Center Market is expected to reach a market size of US$ 46.2 Billion by 2022.
In terms of Component, the Hardware segment is expected to have the highest CAGR rate of 19.5% during the forecast period.
In terms of Type, the Software-Defined Computing segment is expected to have the highest CAGR rate of 18.7% during the forecast period.
United States to remain the most dominant market with an absolute dollar growth opportunity of US$ 59.5 Billion during 2022 – 2032.
The market in U.S is set to experience the highest CAGR of 16.7% during the 2022-2032 forecast period.

Competitive Landscape:

The Software-Defined Data Center Market is highly concentrated, with fewer competitors accounting for the vast majority of market share. The established firms are attempting to obtain supremacy in this sector. These firms are increasing their profits and market shares through smart joint projects.

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Recent Developments:

In June 2021, NTT Limited revised its worldwide data Center interconnect network services, which are based on advanced SDN technology and are designed to optimize hybrid cloud settings. A globalized network fabric solution that allows for private and secure connectivity between NTT’s data Centers across the world and important cloud service providers.
In May 2020, Huawei introduced the CloudFabric 2.0 Data Center cloud Network Solution, which includes new high-capacity CloudEngine data center switches, an improved AI-based iLossless methodology for dynamic congestion control, and autonomous driving features.
In May 2020, VMware introduced Cloud Second Generation, a cloud service that combines the ease and agility of the public cloud with the protection and management of enterprise-grade on-premises infrastructure, was launched.

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Future Market Insights, in its new offering, presents an unbiased analysis of the Software-Defined Data Center Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Software-Defined Data Center Market by Component (Hardware, Software, Services), Type (Software-Defined Computing, Software-Defined Storage, Software-Defined Data Center Networking, Automation and Orchestration), Organization Size (Large Enterprises, Small and Medium-sized Enterprises), Vertical (BFSI, IT and Telecom, Government and Defence, Healthcare, Education, Retail, Manufacturing, Others) across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

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Software-Defined Data Center Market Segmentation:

By Component:

Software-Defined Data Center Hardware
Software-Defined Data Center Software
Software-Defined Data Center Services
- Training and Consulting
- Integration and Deployment
- Support and Maintenance
- Managed Services

By Type:

Software-Defined Computing (SDC)
Software-Defined Storage (SDS)
Software-Defined Data Center Networking (SDDCN)
Automation and Orchestration

By Organization Size:

Large enterprises
Small and Medium-sized Enterprises (SMEs)

By Vertical:

BFSI
IT and Telecom
Government and Defense
Healthcare
Education
Retail
Manufacturing
Others

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Nandini Singh Sawlani

RF Power Amplifier Market on the Brink of a Surge: Projections Indicate a 14.2% CAGR, Eyeing US$ 19,670 Million by 2032

The global RF power amplifier market is anticipated to grow at a 14.2% CAGR from 2022 to 2032, bringing in a revenue share of US$ 5,230 million. The market is anticipated to reach US$ 19,670 Million by 2032. High demand for an amplified low-power radio-frequency signal (into a high-power signal) led to the introduction of radio-frequency power amplifiers i.e. RF Power Amplifiers.

Furthermore, an increasing demand for RF Power Amplifiers, because of various applications of radio frequencies, is being witnessed across various industry verticals.

So, companies have started implementing and investing more in RF Power Amplifiers. RF Power Amplifiers effectively convert low-power RF signals into high-power RF signals by driving the antennae of a transmitter.

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Considerably high adoption of RF Power Amplifiers is observed in consumer electronics as the devices demand for an amplified radio frequency signal, for efficient functioning.

Additionally, RF Power Amplifiers are one of the most expensive and integral components of all base stations for wireless cellular and mobile infrastructures, and with drastic developments in telecom infrastructure, the need for RF Power Amplifiers is increasing.

RF Power Amplifier Market: Drivers and Challenges

An increasing adoption of consumer electronics is witnessed globally, especially in smartphones and tablets. The market for consumer electronics, especially smartphones and tablets, is furthermore, expected to witness high growth during the forecast period.

Consumer Electronics being a major application industry of RF Power Amplifiers, would, henceforth, drive the global RF Power Amplifiers market.
Additionally, proliferating penetration of 4G technology and the emergence of next-generation wireless networks, such as 5G, would also drive the demand and growth of the RF power amplifiers market.

The high cost associated with RF Power Amplifiers acts as a primary restraint for the global RF power amplifier market, limiting its adoption.
In addition to this, large size and high power consumption are also a challenge, hampering the growth of RF Power Amplifiers.

RF Power Amplifier Market Key Players:

WestRock Company
Mondi Group Plc.
Canfor Corporation
Natron-Hayat d.o.o.
International Paper Company
DS Smith Plc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.

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Key Segments

By Frequency:

<10 GHz
10-20 GHz
20-30 GHz
30+ GHz

By Raw Material:

Gallium Arsenide
Gallium Nitride
Silicon-Germanium
Others

By Operation Mode:

Linear Amplifier Class
Switch Mode Class

By Packaging Type:

Die
Surface Mount
Stand Alone/Rack Mount
Others

By Industry Verticals:

Aerospace & Defence
Consumer Electronics
Automotive Medical
Others

By Application:

Wireless Receivers
Audio Tape Players
Broadcast Transmitters
CD Players
Wireless Transmitters
High Audio System

By Region:

North America
Latin America
Asia Pacific
Europe
Middle East and Africa (MEA)

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About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani