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According to Future Market Insights, the global conversational commerce market is expected to grow at a CAGR of 15.6% during the forecast period of 2022 to 2032. The market is set to reach a valuation of US$ 26,301.8 Mn by the end of 2032. As per FMI, by 2022, it is projected to be valued at US$ 6,147.1 Mn.

Conversational commerce is one of the major aspects of e-commerce which deals with customer interaction by using chatbots, messenger applications, and social media. It allows brands or companies to better understand the concerns, issues, complaints, and requests of their clients and customers. This form of conversation can create a more natural, informal, and personalized communication between the two parties through which both parties can benefit.

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Key Takeaways: Conversational Commerce Market

• By component, the solution segment reached a valuation of US$ 3,441.2 Mn in 2021.
• By type, the chatbots segment is anticipated to lead the global market with a share of nearly 5% by 2032.
• By deployment mode, the on-premises segment was worth US$ 3,147.3 Mn in 2021.
• By enterprise size, the large enterprises segment dominated the market in 2021 with a valuation of US$ 2,971.0 Mn.
• By business function, the sales segment was valued at US$ 1,538.9 Mn in 2021.

 “Increasing penetration of the internet in regions like South Asia and Pacific is likely to boost the use of social media, thereby encouraging companies to communicate with their customers through conversational commerce. Besides, new solutions can help companies to address and clear repetitive questions, doubts, and prevent the exchange of false information,” says a FMI analyst.

Investments by Companies to Launch Social Media Marketing Campaigns Will Aid Growth

Messaging applications like WhatsApp are equipped with various features that would help businesses to boost their growth. Social media platforms like Instagram allow companies to share updates, sell their products, and interact with customers online.

Social media platforms are considered to be an ideal place for companies to market their products and services as their target customers are usually active on these platforms, especially if they are young. Being open to accepting messages from consumers, companies can allow the exchange of raw and direct messages.

This would further enable businesses to better understand various problems that their customers are facing to approach and solve the issue. Personalized interactions with customers can also help improve the brand image and enhance sales.

Competitive Landscape

Key vendors are focusing on product innovation by adding more features to their existing conversational commerce tools to make them appealing to customers. Moreover, vendors are engaging in strategic partnerships and raising venture funding for business growth, as well as striving to expand their customer base.

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For instance,

• In July 2022, Charles, the first conversational operating system incorporating everything related to e-commerce into WhatsApp and other chat applications, won $20 Million in Series A funding to establish itself as the leading conversational commerce platform for brands and businesses in Europe. With the funding, Charles is extending its activities beyond Germany and into important European markets.
• Glia launched Glia Virtual Assistants (GVAs) in July 2022 with the goal of helping organizations to cut costs, shorten resolution times, and provide seamless customer experiences by combining virtual and human support. GVAs have been built upon conversational AI solutions from the company’s recent Finn AI purchase and come pre-trained to add value right out of the box. Glia offers an all-inclusive integration of GVAs into its market-leading platform, creating a single supplier solution for digital customer support.

More Valuable Insights on Conversational Commerce Market

In this report by Future Market Insights, conversational commerce has been segmented into seven sections: by component: solution and services (training and consulting services, system integration and implementation services, support and maintenance services), type (chatbots, intelligence virtual assistants), deployment mode (cloud and on-premises), enterprise size (large enterprise, small and medium-sized enterprises (SMEs)), business function (sales, finance, HR, operations, IT service management), industry (BFSI, healthcare and life science, IT & telecom, retail and e-commerce, travel and hospitality, media and entertainment, automotive, others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and evaluate lucrative opportunities in the conversational commerce demand outlook.

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Conversational Commerce Market Outlook by Category

By Component:

• Solution
• Services

By Type:

• Chatbots
• Intelligent Virtual Assistants

By Deployment Mode:

• Cloud
• On-Premises

By Enterprise Size:

• Small and Mid-Sized Enterprises (SMEs)
• Large Enterprises

By Business Function:

• Sales
• Finance
• HR
• Operations
• IT Service Management

By Industry:

• BFSI
• Healthcare and Life Sciences
• IT & Telecom
• Retail and E-commerce
• Travel and Hospitality
• Media and Entertainment
• Automotive
• Others

By Region:

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

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
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Global Audience Intelligence Platforms Market was valued at US$ 5.5 Bn in 2021 and is expected to reach US$ 17.2 Bn by 2032, find Future Market Insights (FMI) in a recent market survey. As per the findings of the report, Small and Medium size enterprises will garner significant demand in the market as the bulk of revenue will be generated through them. Revenue through pacemakers grew at a CAGR of 11.8% during 2015 – 2021.

Growing use of social media is the key factor driving the Audience Intelligence Platform Market

Post pandemic, many organizations needed to understand how the new normal affected customer behavior in order to make various upcoming business decisions. Numerous firms have responded to this crisis by implementing a variety of advanced analytics strategies based on consumer behavior patterns like Audience Intelligence Platforms.

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Facebook, YouTube, and TikTok became the three most widely used social networks in 2020. By the end of the year, these platforms had more than 5.9 Bn users. Businesses can easily monitor how their content performs across all devices and many social media platforms with the aid of audience intelligence solutions.

The United States Continues to be the Largest Revenue Stream for Audience Intelligence Platforms Market

Audience Intelligence Platforms market in the US is projected to reach a valuation of US$ 17.2 Bn by 2032. From 2015 to 2021, the market revenue through the US grew at a CAGR of 12%, while between 2022 and 2032, it is predicted to witness a CAGR of 10.8%. The combination of the adoption of AI-based software and the increasing number of e-commerce retails in the country, provide the Audience Intelligence Platforms Industry with tremendous growth potential in the United States. Between 2022 and 2032, the US is expected to be a market with a US$ 570.5 Mn absolute dollar opportunity.

Audience Intelligence Platforms Market: Competition Insights

The key companies operating in the Audience Intelligence Platforms Market are Audiense, Brandwatch, Affinio, SpotRight, Engine, Lithium Technologies, Synthesio, Zoomph, Codec, Demographics Pro, Helixa, Mobilewalla, People Pattern, Pulsar Platform, and SocialCode.

Some of the recent developments by the key providers of Audience Intelligence Platforms are as follows:

• In October 2021, collaboration between Helixa and GWI was formed to combine consumer estimate information with expressed consumer intent. Global Audience View delivers a more detailed and comprehensive view of digital-first audiences by combining GWI’s Core survey with Helixa’s behavioural affinity data obtained via AI analysis of public social personas. Users can gain insight into a range of subjects, including consumer interests, demos, influencers, brand usage, media usage, and psychographics, thanks to the unified data collection.
• In July 2021, ENGINE introduced Audience Intelligence, a platform that enables advertisers to create audience targets, schedule ads across channels, and take action by providing comprehensive first-party data and interfaces.
• In November 2020, the partnership between Affinio and Snowflake allows enterprise users to solve their business problems without duplicating, relocating, or disclosing raw data. Through this collaboration, Affinio’s Graph Analytics and Matchmaker two-in-one solution, is combined with Snowflake’s secure data sharing functionality. Affinio offers its services with zero data handling.

More Insights Available

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

The study reveals extensive growth in the Audience Intelligence Platforms Market in terms of Application (Small & Medium Enterprises and Large Enterprises); by Vertical (Automotive, Retail & E-Commerce, Travel & Hospitality, Healthcare, BFSI, Media & Entertainment, Marketing and Research); and Deployment (Cloud and On-premises) across five regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).

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Key Segments Covered in Audience Intelligence Platforms Market Survey

Audience Intelligence Platforms Market by Application:

• Small and Medium Enterprises
• Large Enterprises

Audience Intelligence Platforms Market by Vertical:

• Automotive
• Retail & E-commerce
• Travel & Hospitality
• Healthcare
• BFSI
• Media & Entertainment
• Marketing & Research
• Others

Audience Intelligence Platforms Market by Deployment:

• Cloud
• On- Premises

Audience Intelligence Platforms Market by Region:

• North America
• Europe
• APAC
• MEA
• Latin America

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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According to a recent market survey conducted by Future Market Insights (FMI), the global robocall mitigation market was valued at US$ 4.3 billion in 2021 and is expected to reach US$ 17.9 billion by 2032.

According to the report’s findings, revenue from call authentication solutions increased at a CAGR of 29.5% between 2015 and 2021. Call authentication technology assists users and telecom regulatory authorities in identifying and reducing the frequency and impact of illegal robocalls.

By the end of 2032, the global robocall mitigation market is expected to grow at a CAGR of 12.3%, with sales worth US$ 17.9 billion. Throughout the analysis period, the United States will be the largest user of robocall mitigation, accounting for over US$ 12.3 Bn in absolute dollar opportunity in the coming 10-year epoch.

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IT & Telecommunication End Use to continue being Growth Axis for Robocall Mitigation Revenue

Robocall mitigation end use in IT & Telecommunication generated more revenue compared to other segments.  The development of the internet has increased the number of illegal robocalls performed through telecommunications.

In order to mitigate the illegal robocall and frauds associated with it, telecommunication companies are using robocall mitigation solutions like call authentication, robocall prevention, and robocall analytics, which is driving the segment growth. The IT & Telecommunication segment recorded a CAGR of 29.1% during 2015-2021.

US to hold the largest share in the global Robocall Mitigation Market

The US generated the highest revenue in the robocall mitigation market in 2021. The implementation of the STIR/SHAKEN call authentication framework and its associated policies to it, has been driving the robocall mitigation market in US.

The market in US held a size of US$ 1.6 Bn in 2021 and is expected to reach a valuation of US$ 6.4 Bn by 2032. The robocall mitigation market in the country is projected to account for US$ 4.3 Bn absolute dollar growth opportunity by the end of 2032.

“Robocall mitigation providers are closely working with regulatory authorities to develop call authentication frameworks according to the country’s landscape” comments an analyst at Future Market Insights.

Robocall mitigation Market: Competition Insights

Currently, robocall mitigation providers are developing new technologies and offering their solutions to communication service providers.

The key companies operating in the robocall mitigation market include Brightlink, LiveVox Hldgs, Metaswitch, Mobileum Inc., Neustar Inc., a TransUnion company, Numeracle, Ribbon Communications, Thales, Transaction Network Services (TNS), TransNexus, Bulk Solutions, LLC, and Neural Technologies Limited.

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The key recent developments of robocall mitigation providers are as follows:

• In January 2022, Neustar Inc., a TransUnion company, and First Orion announced the partnership to scale up the adoption rate of STIR/SHAKEN call authentication and branded calling for companies through one consolidated platform.
• In June 2021, an Asian communications service provider introduced Neural Technologies Ltd.’s advanced robocall mitigation solutions to improve call clarity for customers and reduce scam calls to providers.
• In June 2021, Neustar Inc, a TransUnion company launched its Neustar TRUSTED Solutions, a set of solutions designed to help organizations to detect and reduce fraud, improve contact center efficiency and obey consumer protection regulations.
• In May 2021, Neustar Inc., has implemented its Trusted Call Solutions across Ziply Fiber network to mitigate illegal robocalls, authenticate callers, and display caller IDs accurately for a safer and informed call experience.

More Insights Available

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

The study reveals extensive growth in the Robocall Mitigation Market in terms of Product (Cloud-based, On-Premise), By Application (Large Companies, Small and Medium Companies), across five regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).

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Key Segments Covered in Robocall Mitigation Industry Survey

Robocall Mitigation Market by Solution:

• Call Authentication
• Robocall Prevention
• Robocall Analytics

Robocall Mitigation Market by End Use:

• IT & Telecommunication
• Government
• Other Industries

Robocall Mitigation Market by Region:

• North America Robocall Mitigation Market
• Latin America Robocall Mitigation Market
• Europe Robocall Mitigation Market
• Asia Pacific Robocall Mitigation Market
• Middle East & Africa Robocall Mitigation Market

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
For Media Enquiries: press@futuremarketinsights.com
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The spintronics market is expected to reach US$ 650.0 million by 2022. The spintronics market is expected to reach US$ 1,287.0 Million by 2032, at a CAGR of 7.1%.

Innovation advancements have prompted the presentation of Spintronics, an innovation that would be expected to consistently supplant, not completely but somewhat, hardware. Spintronics innovation, while still in its early stages, has received positive feedback due to its applications, such as hard drives, advanced gadgets, sensors, and so on.

Spintronics’ acceptance has resulted in the introduction of energy-efficient chips and memory-storage devices. Unlike hardware, Spintronics innovation makes use of the electron’s twist rather than its charges to use the attractive second associated with it. Spintronics is also known as Magnetoelectronics and Spin Electronics.

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The innovation has come about into the presentation of Magnetic RAM (MRAM). Because of its bigger extra room and quicker information move speed, MRAM is supposed to observe high reception coming about into substitution of customary RAMs. Popularity saw for a higher information move speed and expanded memory is, in this manner, recognized with the send off of Spintronics.

Spintronics Market: Drivers and Challenges

Spintronics eliminate the requirement of a specialized semiconductor material, as required in electronics, by functioning effectively over copper, aluminum and other common metals resulting into reduced manufacturing cost. This factor is expected to drive the overall Spintronics market by proliferating the rate of adoption of Spintronics.

The added advantages of Spintronics such as less energy requirement, low power consumption, faster data transfer, larger storage capacity, small size etc. are, furthermore, expected to drive the growth of Spintronics market. Continuous research and efforts for the implementation of MRAMs and magnetic sensors is the primary factor driving the growth of Spintronics technology.

Lack of awareness amongst users and incomplete knowledge of the technology, as it is still in its nascent & development stage, is the major challenge against the growth of Spintronics adoption.

Out of all, Hard Disks and MRAMs is expected to hold the majority of market share, while the application of Spintronics in Electrical vehicles is expected to witness the highest CAGR during the forecast period.

Key Players

Some of the key players in the Spintronics market are NVE Corporation, Plures Technologies, Inc., Advanced MicroSensors Corporation, IBM Corporation, QuantumWise, Crocus Technology, Intel Corporation and Everspin Technologies, Inc.

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. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Who Are The Prominent Players In The Spintronics Market?

The spintronics market is consolidated by the numbers of prominent players present all around the globe. These are focused on the various prospects to acquire maximum revenue in the spintronics market by adopting different marketing strategies and advanced technologies. This helps the manufacturers to increase the sales of spintronics all around the globe.

The prominent spintronics market players are searching and going through the customer’s desires and necessities which help them to make their products more sufficient for the consumers. Several tactics such as mergers, product launches, partnerships, and acquisitions among others are adopted to upsurge thespintronics market size.

Recent Developments In The Spintronics Market Are

• Recently, an international group of researchers in France launched its new innovative product that can able to switch magnetization in the magnetic memory nearby 100 times faster than the previous one.
• One of the scientists at Japan’s Tohoku University developed a high-performance magnetic tunnel which is the world’s smallest magnetic tunnel with high-performance.

Some Of The Key Players In The Spintronics Market Are

• NVE Corporation
• Plures Technologies Inc.
• Advanced MicroSensors Corporation
• IBM Corporation
• QuantumWise
• Crocus Technology
• Intel Corporation
• Everspin Technologies Inc

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Spintronics Market: Segmentation

Global Spintronics Market can be segmented on the basis of Device Type, Applications and Region

Segmentation for Spintronics Market by Device Type:

• Semiconductor Based Spintronics
• Metallic Based Spintronics
• Alloy Based Spintronics

Segmentation for Spintronics Market by Applications:

• Magnetic Sensors
• Hard Disks and MRAMs
• Electric Vehicles
• Quantum Computing
• Others

Segmentation for Spintronics Market By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
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The UV sensors market is expected to be worth around US$ 150.0 million in 2022 and US$ 480.0 million by 2032, with a CAGR of 12.3% from 2022 to 2032.

The UV sensors market is expected to grow dramatically due to factors such as dependability and accuracy. The growing tendency for UV sensors in the packaging industry to distinguish the presence of plastic carefully designed seals, names, meds, and other pressing materials is likely to introduce the UV sensors market with massive expected open doors.

UV Sensors are used to determine the intensity of ultraviolet (UV) radiation and to calculate the UV Index. UV radiation falls within the electromagnetic range of 100 to 400 nm. UV sensors are commonly used to determine openness to bright radiation in a variety of ecological settings and research facilities.

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UV Sensor is essentially a transmitter that answer one kind of energy signal by delivering energy signals as result. There are different kinds of UV sensors accessible in the market including UV phototubes, light sensors, and UV range sensors.

UV phototubes are radiation-delicate sensors utilized in water therapies, air therapies, and sun based irradiance. Light sensors are utilized for estimating the power of episode light. UV range sensors are regularly utilized in logical photography.

UV Sensors Market: Market Dynamics

Continuous preference for adopting UV sensor across various industries over its two main alternatives photoelectric sensors and machine vision systems due to high accuracy and reliability is the key factor contributing the growth of global UV Sensors market. Major electronics manufacturers are focusing on process automation due to this there is a huge demand for UV Sensors particularly companies involved in electronic assembly, which is accelerating the growth of global UV Sensors market.

Additionally, expanding packing sector along with growing preference for UV Sensors for – detecting the presence of labels, pills, and plastic tamper-proof seals on bottles and other packing materials is increases the demand for UV Sensor globally.

Furthermore, expanding applications of UV Sensors automotive, Furniture Making, Pharmaceutical, and textile sectors fuels the growth of global UV Sensors market. However, the global UV Sensors Market is highly fragmented with presence of local players, due to this counterfeit UV Sensors is circulating in the marker, which is identified as restraints likely to deter the progression of global UV Sensors market.

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UV Sensors Market: Regional Outlook

Regionally, the global UV Sensors is segmented across North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan, Japan, and Middle East & Africa. North America followed by Western Europe is expected to contribute significant market share due continuous investment on industrial automation. Asia pacific is identified as the fastest growing UV Sensors market due to expanding pharmaceutical and growing focus on optimizing food packing process.

UV Sensors Market: Competitive Landscape

Some of the prominent players in the global UV Sensor market includes STMicroelectronics, Apogee Instruments, Inc., Broadcom, Davis Instruments, Panasonic, LAPIS Semiconductor Co., Ltd., Solar Light Company, Inc., Silicon Laboratories, Vernier Software & Technology, LLC, and Shade

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. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Recent Development in the UV Sensors Market are

• Recently, space astronomy along with solar research innovated UV photodetectors. This sensor comes up with high technology, better performance and lifetime stability.
• Broadcom Inc. – The company offers ultraviolet (UV) sensor namely, APDS-9200, AFBR-S20W2UV, AFBR-S20M2UV, AFBR-S20M2WU, and others.
• In August 2019, Huawei Technologies revealed plans to invest an estimated $800 million in the construction of a smartphone manufacturing facility in Sao Paulo, Brazil.

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UV Sensors Market: Market Segmentation

The global UV Sensor market is segmented on the basis of type, end-user industries and by region.

By Type:

• UV phototubes
• Light sensors
• UV spectrum sensors

By End User:

• Pharmaceutical
• Automotive
• Medical & Health Care
• Consumer Electronics
• Chemical
• Food & Beverages
• Others

By Regions:

• North America
• Europe
• Asia-Pacific
• Latin America
• MEA

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
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The global cloud seeding system market is expected to be valued at US$ 119.2 million in 2022, growing at a CAGR of 7.1% to be valued at US$ 236.0 million from 2022 to 2032. The rising interest in water assets is attributed to development. The roll blends market is expected to grow at a 5.8% CAGR between 2016 and 2021.

Water assets are being gradually depleted as a result of exploding demand and continued population growth. Cloud-seeding System is a type of climate change methodology that attempts to increase the amount of precipitation from clouds in order to create more rain.

It entails showering synthetics like dry ice to increase the effectiveness of rain-bearing clouds. The Cloud-seeding System can also be used to disperse mist and clouds. Cloud seeding also includes an assault on the cloud by super cooling specialists.

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This is accomplished by using aeroplanes and ground-based high-pressure canisters that release synthetic substances into clouds. Super cooling specialists’ precious stone construction, such as dry ice and silver iodide, aids in the arrangement of water or ice cores.

Cloud-seeding System market: Drivers and Challenges

The major growth drivers of the Cloud-seeding System market include increasing demand of water sources and increasing demand from agriculture across the world. In addition, Use of Cloud-seeding System in dispersing fog and mitigate hail damage shall drive the growth of Cloud-seeding System market. Advancements in agriculture industry across the globe has led to growth of the Cloud-seeding System across the globe.

However, the major challenge faced by the Cloud-seeding System providers are high Cloud-seeding System infrastructure cost incurred. Lack of awareness of the benefits and operational effectiveness of the technologically advanced systems may have negative impact on the Cloud-seeding System market.

Uncertainty about the deployment of these systems because of the high initial investment needed may hamper the growth of the Cloud-seeding System market across the globe.

Cloud-seeding System market: Segmentation

Global Cloud-seeding System Market can be segmented as:

Cloud-seeding System market Segmentation on the basis of By Mode of Cloud-seeding System: 

There are three cloud seeding methods: Static cloud seeding, Dynamic cloud seeding, hygroscopic cloud seeding. Static cloud seeding involves spreading a chemical like silver iodide into clouds. Dynamic cloud seeding aims to boost vertical air currents, which encourages more water to pass through the clouds, translating into more rain. Hygroscopic cloud seeding disperses salts through flares or explosives in the lower portions of clouds.

Cloud-seeding System market Segmentation on the basis of Platform: 

On the basis of platform type Cloud-seeding System market is segmented into SAAS, PAAS and IAAS.

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Cloud-seeding System market: Competition Landscape

Some of the key participants present in the global cloud seeding system market include Ice Crystal Engineering LLC., RHS Consulting, Weather Modification Inc., North American Weather Consultants Inc., Redington, Snowy Hydro Ltd. and Mettech S.p.A.

Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as Ice crystal engineering LLC, RHS Consulting, account for considerable market size, several regional level players are also operating across key growth regions.

• RHS Consulting is an important cloud seeding service provider, seeking to develop and design effective cloud seeding programs which provide additional water sources for the environment, families and future generations. Its portfolio include a range of cloud seeding equipment (aircraft and ground based), as well as cloud seeding services (program design, modeling, feasibility studies and assessment)
• Likewise, Weather Modification Inc. offers both aerial and ground based cloud seeding facilities. These are primarily deployed to enhance precipitation levels, mitigate hail damage and dispersing fog conditions. Its services are Federal Aviation Agency (FAA) approved and emphasize on functionality and safety
• Mettech S.p.A is yet another prominent cloud seeding service provider, which has implemented numerous projects throughout South America, most notably across Chile. These include Precipitation Stimulation across San Antonio and Casablanca; Precipitation Stimulation across Petorca and La Ligua and Precipitation Stimulation Program for Valparaiso among others.

Cloud-seeding System market: Regional Overview

Asia Pacific is holding the largest market share for Cloud-seeding System market due to higher dependency of agriculture on monsoon, strong economic growth and rising demand of water owing to rapidly expanding population.

Due to high technological advancements in North America will hold maximum market share for Cloud-seeding System in near future. Sturdy economic progress, driving the growth of Cloud-seeding System market in MEA region. The Demand for Cloud-seeding System market has risen dramatically over the past 18 months globally.

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. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Key Segments Profiled In The Cloud Seeding System Industry Survey

Cloud Seeding System Market by Mode:

• Static Cloud Seeding System
• Dynamic Cloud Seeding System
• Hygroscopic Cloud Seeding System

Cloud Seeding System Market by Platform:

• SaaS-based Cloud Seeding Systems
• PaaS-based Cloud Seeding Systems
• IaaS-based Cloud Seeding Systems

Cloud Seeding System Market by Region:

• North America Cloud Seeding System Market
• Latin America Cloud Seeding System Market
• Europe Cloud Seeding System Market
• Asia Pacific Cloud Seeding System Market
• Middle East and Africa Cloud Seeding System Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global cloud field service management (FSM) market is expected to be valued at US$ 2,340.0 Million in 2022, with a CAGR of 11.2% to be valued at US$ 6,752.0 Million from 2022 to 2032. The rising interest in more developed client care insight and client commitment is attributed to development. The bread roll blends market is expected to grow at a CAGR of 10.3% between 2016 and 2021.

Ventures are implementing cloud field service management solutions to improve their functional cycles and address client issues without interruption. Because of the continuous rise in buyer spending patterns, cloud-based service management arrangements are widely used in the retail industry. Furthermore, small and medium-sized businesses are developing programmes on cloud field service management solutions to meet their business needs.

However, a lack of awareness of the functional viability and various advantages of the innovatively advanced frameworks is another variable that is expected to have a negative impact on the development of the cloud field service management (FSM) market over the forecast period.

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Cloud Field Service Management (FSM) Market: Drivers and Restraints

Rising need to enhance enterprise operational productivity with minimised cost through cloud field service management solutions is turning to be the major driving factor of the cloud field service management market.

The enterprises are aiming to offer improved customer service experience and customer engagement by implementing these solutions, which is also turning to be a major factor contributing to the growth of cloud field service management (FSM) market. Moreover, the emergence of IoT technology will have a positive impact on the growth of Cloud field service management market.

Maintaining integration of existing Field Service management with cloud service management solutions is the major challenge faced by most of the vendors in cloud field service management (FSM) market.

Global Cloud Field Service Management (FSM) Market: Regional Outlook

On the basis of geography, Cloud Field Service Management (FSM) market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, the Cloud Field Service Management (FSM) market in North America is expected to dominate during the forecast period owing to the increasing demand of efficient computing frameworks by small and medium size business enterprise. North America region is expected to be followed by Western Europe, and APAC.

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. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Start-up-Scenario

BiznusSoft Field Service, NextService, Managemart.com, The Kantata Cloud for Professional Services, Binzusoft, and Smart serv are some of the startup companies operating in the cloud field service management market.

• In JUNE 2022 – Kantata closed its first-quarter operating as a new company following the successful merger of Mavenlink and Kimble Applications with strong results driven by the growth of its client roster.

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Global Cloud Field Service Management (FSM) Market: Competitive Landscape

Some of the key participants present in the global cloud field service management market include Salesforce.Com, Inc., SAP SE, Oracle Corporation, IBM Corporation, Servicemax Inc., Microsoft Corporation, Acumatica Inc., and Astea International Inc. among others.

Attributed to the presence of such a high number of participants, the market is highly competitive. While global players such as Salesforce.Com, Inc., SAP SE, Oracle Corporation, IBM Corporation account for considerable market size, several regional level players are also operating across key growth regions.

• In April 2022 – ServiceMax, announced the release of new features for Asset 360 for Salesforce. It offers features that take the product beyond traditional field service personas, empowering strategic stakeholders like chief revenue officers and chief operating officers, as well as operational and commercial stakeholders in supply chain, sales, and marketing.
• In June 2022 – Commvault form a strategic partnership with Oracle to include Metallic DMaaS on Oracle Cloud. As part of Commvault’s multi-cloud strategy, Metallic’s industry-leading services will be offered on Oracle Cloud Infrastructure (OCI) and available in all commercial OCI regions globally.

Key Segments Profiled In The Cloud Field Service Management (FSM) Industry Survey

Cloud Field Service Management (FSM) Market by Component:

• Mobile Cloud Field Service Management
• Inventory Cloud Field Service Management
• Work Order Cloud Field Service Management
• Service Project Cloud Field Service Management
• Other Cloud Field Service Management Components

Cloud Field Service Management (FSM) Market by Services:

• Cloud Field Service Management Consulting Services
• Cloud Field Service Management Integration and Migration
• Cloud Field Service Management Support and Maintenance

Cloud Field Service Management (FSM) Market by enterprise type:

• Cloud Field Service Management for Small and Medium Business Enterprises
• Cloud Field Service Management for Large Enterprises

Cloud Field Service Management (FSM) Market by Region:

• North America Cloud Field Service Management (FSM) Market
• Latin America Cloud Field Service Management (FSM) Market
• Europe Cloud Field Service Management (FSM) Market
• Asia Pacific Cloud Field Service Management (FSM) Market
• Middle East and Africa Cloud Field Service Management (FSM) Market

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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