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Supply Chain Management BPO Market Recent Trends, Development,Growth& Forecast 2019-2029


Supply Chain Management BPO Market: Overview

Stakeholders are leveraging the potential of BPO in supply chain management. They have got attracted toward reduced cost and low risks of BPO models. Such models are increasingly becoming strong pivot on meeting evolving customer requirements, driving the evolution of the supply chain management BPO market. The growing role of BPO for improving supply chain efficiencies across service models in various industries has boosted the market.

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The growing role of supply chain in the overall sales of businesses across industries has bolstered prospects in the supply chain management BPO market. Further, they are gaining significance in influencing customer perceptions beyond making a successful sale. This has led to the fast expanding spate of services in the market.

Key BPO services are transportation management, production management, materials management, financial supply chain, and demand/supply collaboration. In recent years, BPaaS has gathered some traction among end users.

Outsourcing model has increased the complexities in supply chain, and brought flexibility. Growing adoption of SCM BPO in operational management and logistics is boosting the market.

The study on the supply chain management BPO market offers a granular assessment of the market prospects of key products, end-user trends and preferences, and new avenues in different industries. It also takes a closer look at imminent investment pockets.

Supply Chain Management (SCM) BPO Market: Competitive Landscape and Recent Developments

Several companies offers SCM BPO solutions are focusing on meeting the needs of end users as best as they can.  Numerous top players are expanding their expertise for specific industries, given the vast strides these have made in emerging economies of the world. A case in point is food processing. Another key end user is the automotive industry, and is expected to spur the popularity of SCM BPO for automakers to optimize their profitability and reduce their time to market.

Top players are also intensively focused on consistent revenue streams by meeting the various needs of retail and the consumer packaging industries. This will also help them to gain a substantial stake in the global SCM BPO market.

Some of the well-entrenches players in the SCM BPO market are Infosys Ltd., Accenture Ltd., Avnet, Tech Mahindra Ltd., Celestica, Genpact, Capgemini SE, Wipro, and HCL Technologies.

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Supply Chain Management BPO Market: Growth Dynamics

Over the years, increasing customer expectations have made customer-facing increasingly complex. The growing complexity of operational processes has spurred end-use industries seek SCM in BPO models. In particular, supply chain has been increasingly dynamic and there rests several uncertainties, bolstering new avenues in the supply chain management BPO market. Another key trend in the SCM BPO market is the sheer pace of digitization in businesses across industries. The need for SCM BPO services is intensified further by the rapid pace of industrialization. They are getting attracted to new value proposition, helping unlock new prospects the SCM BPO market.

Also, small-scale businesses have recently come to appreciate SCM through BPO models. Moreover, numerous SCM PBO solution providers are also become an internal part of large companies with increasingly complex value chain. The advent of end-to-end supply chain offerings is opening new avenues in the supply chain management BPO market.

Supply Chain Management BPO Market: Regional Outlook

Among the various regions, North America and Europe are noticeably lucrative market. Meanwhile, Asia Pacific is expected to be increasingly promising market, fueled by the rapid pace of industrialization and digitization in businesses.

Substantial proportion of revenues in all these key markets are driven is due to the growing popularity of BPO in supply chain functions. Players are also tapping into the potential with specialized solutions.

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Contactless Biometrics Technology Market Promising Growth Opportunities & Forecast 2019-2029


Contactless Biometrics Technology Market: Overview

Contactless biometrics is a relatively new technology for face, fingerprint, and iris identifications. Contactless biometrics technology has attracted a newfound attention among industries on the back of COVID-19 pandemic. Social distancing measures have spurred role of contactless technologies in businesses. A recent case in point is the adoption of contactless biometrics at airports in some developed countries. The aviation industry thus has been accelerator of the growth of the contactless biometrics technology market. Post-COVID era will accelerate the prospects of the technology, unarguably. To boost the passenger traffic, the aviation industry has made some drastic operational changes, and the adoption of contactless biometrics technology is one of them.

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A wide array of offerings come under the ambit of the contactless biometrics market. These include time attendance, management of personnel, and registration.

Contactless Biometrics Technology Market: Competitive Landscape and Recent Developments

In the wake of quarantine requirements, recent months have stirred the popularity of contactless biometrics. Another solid thrust has come from the large proportion of worldwide population working from home, where contactless biometrics may facilitate remote identification, by using mobile applications. Numerous companies have expanded the portfolio of biometrics by recently including contactless in their offering. A few players are leaning on improving the functionalities of contactless biometrics technology. One way is doing it to offer integrated product, where cloud plays a crucial role.

A number of airports have seen the adoption of contactless biometrics. Thus, the aviation industry is one of the key enablers for the expansion of the contactless biometrics market. Examples include airport at Heathrow, Los Angeles, Orlando, and JFK. Need for seamless authentication process in various developing countries will bolster the adoption of contactless biometrics technology.

Some of the key stakeholders in the contactless biometrics technology market are Touchless Biometric Systems AG, NEC Corporation, M2SYS Technology, HID Global, Gemalto N.V., Fujitsu Limited, Fingerprint Cards AB, and Aware Inc.

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Contactless Biometrics Technology Market: Growth Dynamics

One of the key enablers of contactless biometrics technology is avoiding contacts in COVID era, since safety concerns in the wake of the novel coronavirus have intensified. Growing prospect of automatic identification and data capture (AIDC) technologies in e-commerce is one of the key trends strengthening revenue potential in the contactless biometrics technology market. The BFSI sector is expected to new avenue for revenue stream for players. Integration of cloud-based services with touchless biometric technology is opening new prospect in the contactless biometrics technology market. The incorporation of artificial intelligence and machine learning technologies has boosted capability of contactless biometrics.

However, privacy concerns of the customer data has dampened the prospects in the contactless biometrics technology market. Nevertheless, both private players and governments are making efforts to allay these concerns. One of the ways is framing better regulations. The increasing initiatives by smartphone makers on adopting cutting-edge facial recognition software is boosting the growth dynamics in the contactless biometrics technology market. They are focusing on improving the user experience.

Contactless Biometrics Technology Market: Regional Outlook

The various regional markets are Europe, North America, Asia Pacific, the Middle East and Africa, and South America. Of these, North America market has seen vast appetite for touch-less biometrics systems for military and government agencies. Moreover, the utility of contactless biometrics among law enforcement agencies in the U.S. is a case in point. The Asia Pacific is emerging as the vastly lucrative contactless biometrics technology market.

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Fava Beans Market Sluggish Growth Rate Foreseen by 2018-2028


Global Fava Beans Market: Overview

The fava beans market is expected to rise at a healthy pace in the near future. Collaboration of local vendors with the international players is a factor expected to boost prospects of the fava beans market.

Fava beans belong to the family of peas, they are known for their goodness of dietary fiber and B-complex vitamins. Along with this they are also known for low fat content. Some of the prominent factors expected to propel the fava beans market are growing population, growing intake of legumes and rising disposable incomes.

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Global Fava Beans Market: Notable Developments

Some of the notable developments in the global fava beans market are –

There have been significant improvements in the food processing technology owing to this fava bean flour can be used in production of bread and pasta. Other than this, fava flour is used to make dishes like medamis, falafel, bissara, and soup. This is expected to offer new growth opportunities in the fava beans market. 

Global Fava Beans Market: Key Trends

The global fava beans market is expected to rise in the coming few years. This is mainly attributed to rise in number of organized retailing outlets. This has made entry of new players relatively easier in the fava beans market. In addition to this, supermarkets and retail chains owners have started selling fava beans under private labels. This is expected to propel fava beans market in the coming few years.

Other than this, owing to the high nutritional value of fava beans is another prominent factor driving the global fava beans market. This is can be attributed to the significant increase in the health consciousness people across the globe.

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However, continuous volatility of fava beans prices is hindering the growth of the global fava beans market. The price volatility increases cost of procurement for vendors and this ultimately rises selling price, this refrain consumer from buying.

Nevertheless, this factor can be overcome by the increasing vegan population in consumer countries such as the U.S., Germany, UK, and France. This is due to the rising concerns related to adverse effects associated with the consumption of meat products. Other than this, surge in use of  broad beans in  formulation of functional foods is a strong factor expected to rise the global fava beans market.

Global Fava Beans Market: Regional Outlook

The global fava beans market is divided into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all these region, Asia Pacific is expected to hold maximum share of the fava beans market in the coming few years. This is mainly due to the presence of producing countries such as China and India in the region. These countries altogether generated one-third of the total revenue.

Some of the most prominent competitors operating in the competitive landscape of global fava beans market include –

  • Bob’s Red Mill Natural Food
  • Goya Foods
  • Fresh Del Monte Produce
  • Greenyard

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Pallet Pooling Market Detailed Analysis and Forecast 2019-2029


Global Pallet Pooling Market: Overview

A pallet is the structural foundation of a unit load which allows handling and storage efficiently. These have emerged as important tools within industries on account of he strength and resilience they offer to industrial goods and products. A rising demand for these pallets in the current market scenario is due owing to increase in demand for superior logistical support.

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A pallet pooling company manages pallets for storage facilities. The pallet pooling company ensures that a steady supply of pallets in good condition for use arrives at these facilities. Subsequently, used pallets are rotated back to facilities that can reuse them. A pallet pooling service manages the reverse logistics throughout the supply chain needed to recover these pallets for reuse by other manufacturers.

As per TMRR, the global pallet pooling market is on a steady upward curve over the forecast period of 2019 to 2029, owing to multiple growth factors – some of which are delineated below/ Many growth opportunities will emerge as a result and these will help push the market towards a higher market worth.

Global Pallet Pooling Market: Competitive Landscape

The plastic pallet pooling market is fragmented due to the presence of a large number of manufacturers globally and a strong local manufacturing base for these easily produced products. Some major players in this market are-

  • Brambles Limited
  • Euro Pool Group
  • Faber Halbertsma Groep B.V
  • JPR
  • KPP
  • Loscam
  • Schoeller Allibert
  • PECO Pallet
  • Demes Logistics GmbH
  • Zentek Pool System
  • IGPS Logistics LLC
  • Contraload NV
  • PPS Midlands

These players adopt various market strategies and techniques to increase market share and improve operational footprint across the globe.

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Global Pallet Pooling Market: Key Trends and Drivers

  • Buying a new pallet for every load that ships is neither sustainable economically nor environmentally. Thus, a pooling system is better than purchasing personal pallets. It reduces number costs and efforts in producing new pallets. Industries and services that recognize this cost-effectiveness associated with plastic pallet pooling will invariably fuel demand for these services. This will contribute positively to growth in pallet pooling market.
  • Since a pallet pooling provider serves many companies nationwide, it’s able to coordinate the movement of pallets in a way that’s efficient. All of these benefits are magnified with the use of a better pallet. Plastic pallets have proved to be consistently better than wood or metal pallets owing to cheaper production costs and a better work profile on ground, proved over time by various industries that utilize these products. This will be a notable growth factors in the market over the forecast period.

Global Pallet Pooling Market: Regional Analysis

With a sizeable overall consumption of plastic pallets, North America and Europe continue to lead the regional charts in global pallet pooling market. The growth potential in these developed regions is primarily attributable to the burgeoning digital commerce ecosystem and the surging industrial output, along with growth in sustainable development and growing importance given to thought of carbon footprint in the environment.

It is pertinent to note here that market players are set to tap into emerging opportunities in Asia, particularly Japan and ASEAN countries, where the pallet pooling market should register heavy investments and profits over the coming years owing to a growing manufacturing sector and hence a demand for better and efficient logistics.

In terms of type, the Global Pallet Pooling market is segregated into:

  • Pallet Rental
  • Pallet Pooling

By end-user also classify into, the Global Pallet Pooling market:

  • Consumer Goods
  • Chemical & Pharmaceutical
  • Mechanical
  • Other

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Jicama Market Robust pace of Industry during 2018-2028


Global Jicama Market: Overview

The jicama market is expected to enjoy a steady growth in the near future, thanks to the rising consumer awareness regarding health benefits of jicama.

Jicama is a special fruit that is mainly grown in region. It is a rich source of potassium, vitamin and magnesium. Owing to this, it helps in maintaining blood pressure and reduces blood vessels and arteries blockage. The fruit is greatly advisable to those having cardiovascular problems. Along with this, regular consumption of jicama is good for the brain and increases brain function and cognitive abilities.  

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Global Jicama Market: Notable Developments           

Some of the notable developments in the global jicama market are –

Researchers in the jicama market have found that Acid thinned jicama starches could be a better fat substitute in stirred yogurt. This is expected to increase application scope of jicama.

Similarly, researchers also found that freshness of jicama last long when kept at 13C and 20C. At this temperature they maintain good external visual quality and a white crisp pulp. This will help manufacturer offer fresh jicama to consumers.

Global Jicama Market: Key Trends 

The global jicama market is expected to rise at a significant rate in the coming few years. One prominent growth drivers in the global jicama market is increasing awareness among consumers. This is increasing the demand for jicama globally. The players in the jicama market have responded equally by increasing production.

Apart from this, increasing production of jicama globally is another strong factor expected to drive the global jicama market.

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However, despite several opportunities and drivers, growth in the jicama market is likely to hamper owing to the fluctuating price of jicama. This is because price fluctuation directly affect process of end products made from jicama as well. This will influence growth negatively in the jicama market during the forecast period.

Nevertheless to overcome these restrain factors, players in the jicama market are coming up with new concepts such as launch to  new organic jicama products. This is expected to raise demand for jicama among consumers.

Further, government agencies across the global are promoting organic food products so as to encourage farmer to indulge in chemical free farming. The increasing health consciousness among consumers is a prominent factor expected to proper the global jicama market during the forecast period.

Global Jicama Market: Regional Outlook

The global jicama market is divided into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all these region, North America is expected to hold maximum share in the coming few years. This is mainly due to the presence of several prominent players in the region. The revenue generated by these players in the region will fuel growth in the region.

Some of the most prominent competitors operating in the competitive landscape of global jicama market include –

  • Albert’s Organics
  • Kitazawa Seed Company
  • United Produce
  • Vega Produce
  • VOLCANO KIMCHI

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Cognitive Assessment and Training Market Global Opportunity Analysis and Forecast 2019-2029


Global Cognitive Assessment and Training Market: Overview

From 2018 to 2028, a stellar double digit growth would be recorded in the global cognitive assessment and training market, driving up demand, as well as market worth. Factors such as increasing awareness regarding cognitive impairment and need for brain training is driving the market on an impressive growth trajectory, as per TMRR. Advancement in technology is other prominent growth factors in the global cognitive assessment and training market over the stated period. It is pertinent to note here that players are actively participating in improving individual revenue shares, and that will also contribute to growth in the overall market.

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Global Cognitive Assessment and Training Market: Notable Developments

Numerous measures are noted as taken by the top-tier players who are operating in the global cognitive assessment and training market over the forecast period, in order to capture larger market share. These are impacting the way the market operates, along with level of competitiveness. A glimpse if provided below:

2017: CPT and Cambridge Cognition partnered. The former is a trust that works towards bettering outcomes for patients suffering from Parkinson’s’ disease. Massive funds were acquired by the charity in the stated year and these were directed towards CPT research

Prominent names marking the highly fragmented vendor landscape of global cognitive assessment and training market are:

  • Cambridge Cognition Ltd. (Cambridge, U.K.)
  • Cogstate Ltd. (New Haven, U.S.)
  • Bracket (Pennsylvania, U.S.)
  • MedAvante, Inc. (New Jersey, U.S.)
  • Quest Diagnostic (New Jersey, U.S.)
  • ProPhase, LLC (New York, U.S.)
  • CogniFit (New York, U.S.)
  • ERT Clinical (Pennsylvania, U.S.)
  • NeuroCog Trials (North Carolina, U.S.)
  • ERT Clinical (Pennsylvania, U.S.)
  • Pearson Education (London, U.K.)
  • CRF Health (London, U.K.)
  • Brain Resource Company (New South Wales, Australia)

Certain top growth strategies include technological advancement to bring innovation to fore, and product development. Key alliances are also not uncommon in the market as these provide a better grasp over a regional market.

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Global Cognitive Assessment and Training Market:  Key Trends and Drivers

  • Ageing global population is one of the most prominent factors of growth in the global cognitive assessment and training market over the forecast period. The shift from millions to couple of millions is a marked increase in anticipated population growth from 2017 to 2050. This demographic creates a pressing need for such products and services as they are susceptible to diseases such as Parkinson’s.
  • Brain fitness is a gaining steam in the market and parents are more aware now of cognitive impairment than ever before. This, couple with growing disposable incomes is a major growth factor in the cognitive assessment and training market over the forecast period.

Global Cognitive Assessment and Training Market:  Regional Analysis

From 2018 to 2028, the region that will top revenue in the global cognitive assessment and training market is North America, followed by Europe. Both regions will reap rich dividends of a rapidly ageing population – by 2050, one in four people will be aged 65 and above. Technological advancement here is impressive and so is the rate of its adoption. It is quite pertinent to note here that a string of untapped growth opportunities will also emerge in the Asia Pacific region owing to growing awareness regarding brain fitness and massive strides noted in technology in the region.

Market segmentation:

On the basis of Assessment Types:

  • Pen-and-Paper based assessment
  • Hosted assessment
  • Biometrics assessment

On the basis of Components:

  • Solutions
  • Services

On the basis of Solutions:

  • Assessment
  • Data management
  • Project management
  • Data analysis and reporting
  • Others

On the basis of Services:

  • Training and support
  • Consulting

On the basis of Applications:

  • Clinical trials
  • Classroom Learning
  • Brain training
  • Corporate Learning
  • Research
  • Others

On the basis of Vertical:

  • Education
  • Healthcare
  • Corporate
  • Sports
  • Defense
  • Pharmaceuticals
  • Others

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About TMR Research

TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Refurbished Computer and Laptops Market Global Forecasts upto 2019-2029


Global Refurbished Computer and Laptops Market: Overview

The global refurbished computer and laptops market is all set to register high growth trajectory during the forecast period of 2019 to 2029. This growth is attributed to increased use of refurbished computer and laptops owing to growing awareness about e-waste. In addition to this, the major worldwide population is inclined toward using refurbished computer and laptops because of their cost-effectiveness. Refurbished computer and laptops are used computer and laptops. These devices are being revamped by companies or by official third parties. Then, these refurbished products are taken to market for sale.

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The segmentation of the global refurbished computer and laptops market is performed on the basis of type, end user, distribution channel, and region. Based on type, the market for refurbished computers and laptops is divided into laptops [notebooks and ultrabooks] and computers [PCs and workstations].

Global Refurbished Computer and Laptops Market: Growth Dynamics

The global refurbished computer and laptops market is growing on the back of plethora of reasons. One of the key reasons driving the market growth is emergence of recommerce platforms. Apart from this, the market is witnessing remarkable sales avenues from the information and communication technology departments of many businesses. The companies working in this sector frequently face issues related to limited budgets. As a result, they are more inclined toward purchasing refurbished equipment and computer peripherals. This factor fuels the growth of the global refurbished computer and laptops market.

The global refurbished computer and laptops market is expected to gain lucrative avenues during the upcoming period in the developing countries such as India. One of the key reasons attributed to this growth is growing initiatives by government bodies in these countries to advance digitization in rural areas.

Global Refurbished Computer and Laptops Market: Competitive Analysis

The refurbished computer and laptops market is highly fragmented in nature. Presence of many well-established players denotes that the competitive landscape of the market for refurbished computer and laptops is extremely intense. To sustain in this competition, vendors are using different strategies such as joint ventures, mergers, acquisitions, and product launches. Apart from this, several vendors are focused on providing their products at cheaper rates.

Many enterprises working in the global refurbished computer and laptops market are growing investments in research activities. Key motive of this move is to advance the quality of products they offer. Apart from this, several companies are growing their regional presence. All these moves highlight that the global refurbished computer and laptops market is expanding at exceptional rate.

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The list of important players in the global refurbished computer and laptops market includes:

  • IBM Corporation
  • Apple Inc.
  • Amazon.com, Inc.
  • Samsung Electronics Co., Ltd.
  • Acer Inc.
  • HP INC.
  • Lenovo

 Global Refurbished Computer and Laptops Market: Regional Assessment

The global refurbished computer and laptops market is spread across five key regions, namely, Latin America, North America, Asia Pacific, Europe, and Middle East and Africa. Of them, Asia Pacific is one of the lucrative regions in the market for refurbished computer and laptops.

Main reason for this growth is increased support by government bodies from this region. For instance, the Government of India recently granted approval for the import of second-hand electronics. This move is expected to fuel the growth of the refurbished computer and laptops market in Asia Pacific in the upcoming period.

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TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Intelligent Virtual Assistant Market Predicted to Accelerate the Growth by 2019-2029


Global Intelligent Virtual Assistant Market: Overview

A stellar growth curve is anticipated to be charted by the global intelligent virtual assistant market over the forecast period of 2019 to 2029, notes TMRR. One of the primary growth factors in the global virtual assistant market is growing demand for efficiency arising from service-based industries. Technological advancement holds a prominent place in the growth story as Internet of Things and Artificial Intelligence witness increase in integration in a number of devices. Penetration of smart phones and in increase in disposable incomes, driving demand for laptops and tablets, are also contributing to growth in the market. Besides, benefits of using a virtual assistant such as easing of burden related to workload and better efficiency are also contributing to growth.

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Global Intelligent Virtual Assistant Market: Competitive Landscape

The dynamic and ever-evolving landscape of global intelligent virtual assistant market is witnessing notable developments. These are shaping new opportunities in the market, and driving growth trajectory higher. These are mainly a result of growth measures taken by proactive market players. Key names in the market include:

  • Intel Corporation
  • Amazon.com Inc.
  • Google Inc.
  • Nuance Communications, Inc.
  • Oracle Corporation
  • Apple Inc.
  • Microsoft
  • eGain Corporation
  • Amazon
  • Verint
  • IBM Corporation
  • CodeBaby Corporation
  • MedRespond
  • Next IT Corporation
  • CSS Corporation
  • Welltok Inc.
  • True Image Interactive Inc.

Focus areas for most players as of now are product development, technological advancement and innovation. Geographic expansion by players also figures in the list of measures to ensure higher market share is captured. Players often resort to entering into strategic alliances to achieve this goal in the market. Therefore, it is not uncommon to see mergers and acquisitions and partnerships and collaborations – based on mutual synergies – in the competitive vendor landscape of global intelligent virtual assistant market.

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Global Intelligent Virtual Assistant Market:  Key Trends and Drivers

Numerous growth factors are supporting growth in the global intelligent virtual assistant market over the forecast period. TMRR has deep-dived into the dynamics to delineate their impact on market over the forecast period.  An Analysis of key trends and drivers and its interplay is made available in its upcoming market report. Overview of few top ones is provided below:

  • Technological advancement holds a place of prominence in the global intelligent virtual assistant market over the forecast period as it relies heavily on artificial intelligence and machine learning. As integration into multiple platforms becomes possible, streamlining workload and processes for businesses across industry verticals, demand for intelligent virtual assistants would grow.
  • Call centers and customer care centers are creating demand for these assistants as massive workloads are reduced to humane levels and efficiency in resolution is improving every day. This is set to me a major growth propeller in the global intelligent virtual assistant market over the forecast period.

Global Intelligent Virtual Assistant Market:  Regional Analysis

In the global intelligent virtual assistant market, North American region will lay claim to a huge share owing to high adoption of state-of-the-art technology and visible strides forward in the field. Remote working trend is quickly catching on with people in the region and that is also fuelling growth in the regional market. Speed, efficiency, and flexibility of doing world are major benefits that are being recognized in the region, contributing to growth over the forecast period.

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About TMR Research

TMR Research is a premier provider of customized market research and consulting services to busi-ness entities keen on succeeding in today’s supercharged economic climate. Armed with an experi-enced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Core HR Software Market Current Outlook Of Industry & Forecast 2017-2025


Global Core HR Software Market: Snapshot

Core human resource software market allows the user to process information regarding any employee in the organization. The growing demand for automation in the HR department is considered as one of the major factors estimated to encourage the growth of the global core HR software market in the next few years. The increasing use of mobile and cloud deployment is predicted to offer promising growth opportunities for the market players operating in the global core HR software market.

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Among the key regional segments, North America is projected to witness high growth in the next few years. The increasing adoption of smartphones, cloud platforms, and new technologies are some of the key factors that are anticipated to encourage the growth of the core HR software market across North America in the next few years. Customization offered by the market players according to the demand of their consumers is projected to accelerate the growth of the North America market in the next few years.

The reluctance of several consumers regarding the use of core HR software and the lack of awareness regarding the availability of new technologies are projected to curtail the growth of the global market in the coming few years. Thus, the leading players in the global market are projected to create an awareness among consumers regarding the benefits of making use of core HR software is projected to accelerate the growth of the overall market in the near future.

Some of the leading players operating in the core HR software market across the globe are ADP, EmployWise, CoreHR, IBM Corporation, and Ceridian HCM, Inc. These players are anticipated to emphasize on development of new product and innovations, which will cater to the demand of the consumers across the globe. Moreover, the rising inclination of several organizations towards HR analytics is further predicted to encourage the growth of the global market in the next few years.

Global Core HR Software Market: Overview

Also known as human resource (HR) information systems (HRIS), core HR software consist of a central record system that can store employee data such as benefits and payroll information. HR managers engage such software to report key trends of their organization and track employee records. Without interrupting the workflow of HR department, employees can update their corporate information with self-service options of core HR software. In order to improve their value across various HR functions, companies adopting the software could integrate them with third-party HR applications and incorporate them in integrated HR management suite.

Global Core HR Software Market: Key Trends

The world core HR software market is prognosticated to receive a strong impetus from numerous factors such as increasing adoption of automation for executing HR processes and furtherance in mobile and cloud deployment. Participants wanting to establish their position in the world core HR software market could find lucrative opportunities from several verticals boosting growth, such as healthcare, consumer goods and retail, energy and utilities, manufacturing, and government. Out of all these verticals and more, the government vertical is anticipated to secure a larger market size during the course of the forecast period.

Vendors offering a single point of contact and range of services, including on-premise deployment or deployment on the cloud, for companies to perform different business activities are expected to operate on the greener pastures of the world core HR software market. Small and medium-sized enterprises (SMEs) could provide significant opportunities for growth in the world core HR software market on account of their augmenting investments in business software and need to adopt quick and efficient strategies for securing business growth. Vendors looking to increase demand in the world core HR software market are predicted to capitalize on the requirement of SMEs to ease resource crunch and improve cost optimization.

Global Core HR Software Market: Market Potential

Approximately 23,000 employees at Life Care Services will be using the Oracle HCM Cloud human resource management software in a couple of phases, i.e. November 2017 and January 2018. A highlight global feature of Oracle HCM Cloud assists HR departments to administer employee payroll in several countries. However, the software also includes other vital core HR functions. Life Care Services expects to enhance its data and scale integrity by integrating functions presently managed by a set of diverse HR products. The company thinks the move to replace its Oracle on-premises software and other bolt-on systems will prove to be a game changer for keeping ahead of competitors in the industry.

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Global Core HR Software Market: Regional Outlook

North America is prophesied to win the race of achieving a higher share in the international core HR software market during the forecast period. The dominance of the North America core HR software market could be attributed to a telling adoption of cloud platforms, smartphones, and newer technologies. Most emerging players making a mark in the core HR software market for North America are envisaged to achieve success by meeting the requirements of HR professionals by offering flexible, customized, and differentiated products. Other regions that could be important for the growth of the international core HR software market are Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Global Core HR Software Market: Competitive Landscape

With a view to extend their offerings in the worldwide core HR software market, industry players are envisioned to take to inorganic and organic growth strategies that include acquisitions and mergers, collaborations and partnerships, and new product launches. Some of the major companies projected to impact the worldwide core HR software market could be IBM Corporation, EmployWise, CoreHR, Ceridian HCM, Inc., and ADP.

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TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

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Analysis Forecast

Distribution Software Market Current Scenario and Future Growth Analysis by 2025


A distribution software manages everything from inventory control and order processing to customer service and purchasing, accounting, customer relationship management, finance management, and supply chain management. Distribution software helps companies in efficiently managing external and internal resources by reducing stockouts and ensuring that overstocking does not occur. As a large number of ERP vendors such as Microsoft Dynamics NAV-X, Acumatica, Infor Distribution, Netsuite, and SAP ERP offer distribution software as part of their ERP systems, the market for the same is likely to witness strong growth in the coming years.

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The presence of various large, small, and regional companies has rendered the vendor landscape of the global distribution software market highly competitive. The leading companies are identified based on their market penetration, market visibility, and strong market momentum. However, because regional players are a constant threat for established companies, the market is likely to witness an increasing number of acquisitions in the coming years. Currently, companies such as JDA Software Group, Sage Group, SAP, Infor, and Oracle are identified as the leading market players.

Distribution software is considered as one of the essential element, which helps an organization in efficiently managing all their internal as well as external resources. The increasing awareness among organization concerning the benefits of using distribution software is projected to enhance the growth of the global market in the next few years. The increasing adoption of cloud-based distribution software is projected to accelerate the growth of the global market in the next few years. The efficiency offered by these software and the reduction in cost are further predicted to encourage the growth of the distribution software market in the next few years.

Being one of the pioneers for the adoption of new technologies, North America is projected to account for a large share of the global market in the next few years. The presence of a large number of organizations and the substantial growth of the e-commerce sector are some of the major factors that are predicted to accelerate the distribution software market across North America in the coming few years. Furthermore, several developing economies in Asia Pacific are projected to witness a healthy growth in the next few years.

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The leading players in the global distribution software market are focusing on customization and development of new products, in order to attract a large number of consumers and enhance their market penetration in the next few years. Some of the major players operating in the market are Sage Group, JDA Software Group, SAP, Infor, and Oracle. A significant rise in the number of players is projected to enhance the level of competition in the global distribution software market in the next few years. Moreover, the booming e-commerce industry is estimated to generate promising growth opportunities for the market players in the next few years.

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The increasing adoption of cloud-based distribution software has emerged as chief growth driver for the global distribution software market. Deploying distribution software enables companies gain benefits such as reduced dependence on in-house IT personnel, low maintenance costs, and incur no cost of licensing, faster implementation of IT solutions, and limited requirement for hardware infrastructure. As companies realize the benefits offered by distribution system, its demand is likely to increase around the world.

In addition, cloud-based distribution software offers advantages such as easy accessibility, minimal operational expenses, short processing time, and reduced upfront costs. With these benefits at disposal, business can focus on their core competencies. Furthermore, these technological advancements enable organizations to access data remotely through web browsers. As more number of companies around the world are educated of the advantages offered by distribution software, it will enable the market exhibit strong growth in the coming years.

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

Considering North America is at the fore of adopting the latest technologies, the market players are likely to concentrate more on capitalizing on opportunities prevalent therein. The region boasts sophisticated IT infrastructure, which is likely to aid the expansion of the distribution software market in North America. Additionally, the market is also expected to gain from the growth of the e-commerce industry in North America and inclination of American consumers toward omnichannel retail.

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.