Workforce Analytics Market is Expected To Reach USD 1.87 Billion by 2025| Key Industry Participants SAP Se, Genpact Ltd.

San Francisco, 27 November 2018: The global work force analytics market is expected to reach USD 1.87 billion by 2025, according to a new report by Grand View Research, Inc. The growing concern by the majority of the large enterprises to deal with humongous volume of data pertinent to human capital is anticipated to spur the demand for workforce analytics software application platform over the forecast period. The widespread adoption of human capital information system to enhance profitability of the industry by reducing operational cost also stimulated the market growth.

Retail industry is anticipated to be the fastest-growing application sector owing to the rising implementation of workforce information system to automate the key human resource related processes. Retail industries are subjected to exhibit multiple issues related to inventory management, in-store product distribution, customer handling, and deployment of sufficient number of resources to the store locations.

The incidence of public and private cloud storage system by the several business entities with respect to various data applications scalability, tool capabilities, and optimum implementation is anticipated to bolster the popularity of cloud storage platform in the field of data analytics. The effective combination of data analytics tool and cloud computing platforms to enhance execution flexibility and agility of the data management system aggravated the demand for the incorporation of cloud management system by the majority of the business enterprises.

Additionally, cloud storage platform also enables the data analyst to optimize linear scalability, database virtualization, work management, and storage optimization. Cloud computing platforms categorically act as a complementary technological paradigm by enabling flexible network access to a shared pool of configurable computing resources with minimal cost to the management.

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Further key findings from the study suggest:

·       Consulting services is anticipated to exhibit moderate growth with the CAGR of 16.1% over the forecast period and is anticipated to be valued at USD 660.3 million by 2025. The absence of essential technology infrastructure to deploy flexible and comprehensive data analytics model to track human movement on a real-time basis is anticipated the spur the market growth.

·       The Retail domain is expected to dominate the market accounting for over 23% of the overall revenue share by 2025. The incorporation of workforce analytics platform is expected to ensures optimum allocation of human resources with the minimal operational cost to the organization.

·       Asia Pacific is anticipated to incur the fastest growth with a CAGR of 19.6% over the forecast period. The growth can be attributed to the presence of fastest growing economies such as China, India, and Japan in the region. The widespread deployment of the workforce analytics platform in the BFSI sector to meet the unprecedented demand for customer handling is anticipated to stimulate the market growth.

·       Key players in the workforce analytics market include ADP LLC, Tableau Software., SAP Se, Genpact Ltd., Oracle Corporation and IBM Corporation. The market is highly competitive owing to the presence of numerous solution provider incorporating innovative technologies to offer product differentiation.

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Grand View Research has segmented the workforce analytics market on the basis of type, services, deployment, application and region:

Workforce Analytics Type Outlook (Revenue, USD Million; 2014 - 2025)

·         Solution

·         Services

Workforce Analytics Services Outlook (Revenue, USD Million; 2014 - 2025)

·         Managed

·         Consulting

·         System Integration

Workforce Analytics Deployment Outlook (Revenue, USD Million; 2014 - 2025)

·         Cloud

·         On-premise

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

·         Healthcare

·         IT & Telecommunication

·         BFSI

·         Manufacturing

·         Retail

·         Aerospace & Defense

·         Others

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

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    U.K.

·         Asia Pacific

o    China

o    India

o    Japan

·         Latin America

o    Brazil

o    Mexico

·         Middle East & Africa

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About Grand View Research

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

For More Information: www.grandviewresearch.com

Respiratory Disease Testing Market Comprehensive Study by Key Players Koninklijke Philips N.V. (Respironics); ResMed Company

San Francisco, 27 November 2018: The global respiratory diseases testing market is expected to reach USD 6.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is driven by the rising prevalence of respiratory diseases. As per Forum of International Respiratory Societies, more than 200 million people across the globe suffered from Chronic Obstructive Pulmonary Disease (COPD) and 235 million suffered from asthma in 2014. In addition, the source stated that more than 50 million people struggle with occupational lung diseases annually. Thus, constantly growing target patient population is anticipated to drive the growth.

The adoption of innovative technologies, such as Computed Tomography (CT), for COPD diagnosis is expected to drive the growth. The other new technology in acute medical management of COPD is pulse oximeter that is used for outpatient monitoring.  Airway management plays a main role in testing and management of COPD. Also, with recent technological innovations, there has been a 12.1 % increase in the use of Noninvasive Mechanical Ventilation (NIV) for management of COPD. Along with technological advancements, use of digital radiography (X-ray) and advanced portable spirometers is gaining momentum in the market.

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www.grandviewresearch.com/industry-analysis/respiratory-disease-testing-market

Further key findings from the study suggest:

·       The growing prevalence of COPD and asthma across the globe is expected to increase the demand for respiratory disease testing devices and thereby drive the market growth

·       In products, imaging tests held the largest share in 2016 due to rapid development and adoption of innovative technologies

·       In respiratory measurement, spirometers, pulse oximeters, ventilators, capnographs, and other noninvasive ventilators used for measurement of lung capacity are expected to grow at a rate of more than 4% over the forecast period

·       In end-use, hospitals segment held the largest share in 2016 and is anticipated to grow over the forecast period

·       North America the largest market share in 2016. Growing prevalence of respiratory diseases such as COPD, asthma is increasing the demand for respiratory disease testing/diagnostic in North American countries.

·       Asia Pacific region is expected to grow at the fastest rate during the forecast period. This growth can be attributed to various factors such as improving health care infrastructure and increasing patient awareness regarding the availability of new diagnostic techniques for respiratory diseases, such as COPD & asthma.

·       Some of the major players competing in this market include, but are not limited to, Becton Dickinson (Carefusion Corporation); Koninklijke Philips N.V. (Respironics); ResMed Company; Fischer & Paykel; and Medtronic. These players are strong brands in the market as they have elaborate product portfolios in respiratory disease testing market.

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Grand View Research has segmented the respiratory disease testing/diagnostics market by product, end-use and regions.

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

·         Imaging test

·         Respiratory Measurement

·         Blood gas test

·         Other

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

·         Hospitals

·         Physician clinics

·         Clinical laboratories

·         Others

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

·         North America

o    U.S.

o    Canada

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    Japan

·         Latin America

o    Mexico

o    Brazil

·         MEA

o    South Africa

Access Press Release of Respiratory Disease Testing Market@ www.grandviewresearch.com/press-release/global-respiratory-disease-testing-diagnostics-market

About Grand View Research

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

For More Information: www.grandviewresearch.com

Data Analytics Outsourcing Market Expected To Hit CAGR of 22.8% By 2025| Key Industry Participants Tata Consultancy Services Ltd.; Genpact Ltd.

San Francisco, 27 November 2018: The global data analytics outsourcing market is expected to reach USD 10,321.6 million by 2025, according to a new study conducted by Grand View Research, Inc. The growing need for outsourcing service among organizations to manage growing customer’s data is expected to drive the growth of the market over the forecast period.

Data analytics outsourcing allows the companies to reduce operational costs, enhance decision-making, deliver customized offerings, and improve customer services. Increasing use of social media, increase in data generation, and reduction in prices of data storage are expected to accelerate the market growth. Additionally, growing number of smartphone users worldwide has led to the generation of large amounts of data in the form of voice and text and this is further anticipated to propel the demand for data analytics outsourcing over the forecast period.

The growing awareness about the advantages and improved productivity gained through data analytics outsourcing is expected to drive the market growth. Increasing e-commerce sales across the globe are generating a considerable amount of data that needs to be managed by an outsourcing facility. Increasing adoption of SaaS-based analytics and evolution of Artificial Intelligence (AI) are further anticipated to drive demand for data analytics outsourcing.

Most companies across the globe prefer using data analytics to gain insights into large amounts of data through several qualitative and quantitative techniques for expanding market and consumer base. There has been a substantial increase in the data produced by organizations, owing to the expansion of multimedia content, which in turn, is expected to propel the growth of the market over the forecast period.

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Further key findings from the report suggest:

·       The prescriptive segment is anticipated to grow at the highest CAGR owing to the emergence of advanced technologies such as Internet of Things (IoT) and big data.

·       The marketing analytics segment accounted a significant market share in 2017. This growth can be attributed to the increasing investment by organizations in marketing analytics-based applications to optimize return on investment and its effectiveness.

·       The BFSI segment is anticipated to maintain its dominance in the market over the forecast period owing to increasing adoption of data analytics outsourcing to minimize risk, reduce costs, and to understand changing consumer preferences

·       North America is expected to dominate the market over the forecast period and is anticipated to reach USD 3,406.1 million by 2025 owing to the growing adoption of marketing analytics by enterprises to offer best services to clients.

·      The key industry participants include Accenture; Associates, Inc.; Tata Consultancy Services Ltd.; Genpact Ltd.; Capgemini; Fractal Analytics Inc.; Wipro Ltd.; Opera Solutions, LLC; ZS Associates Inc.; and International Business Machine Corporation.

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Grand View Research has segmented the global data analytics outsourcing market on the basis of type, application, end-use, and region:

Data Analytics Outsourcing Type Outlook (Revenue, USD Million; 2014 - 2025)

·         Descriptive

·         Predictive

·         Prescriptive

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

·         Sales Analytics

·         Marketing Analytics

·         Finance & Risk Analytics

·         Supply Chain Analytics

·         Others

Data Analytics Outsourcing End-use Outlook (Revenue, USD Million; 2014 - 2025)

·         BFSI

·         Telecom

·         Retail

·         Healthcare

·         Media & Entertainment

·         Manufacturing

·         Others

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

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

Access Press Release of Data Analytics Outsourcing Market@ www.grandviewresearch.com/press-release/global-data-analytics-outsourcing-market

About Grand View Research

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

For More Information: www.grandviewresearch.com