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Pervasive Computing Technology Market To Grow USD 2.31 Billion at a CAGR of 22.31% by 2030 – Report by Market Research Future (MRFR)

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New York, US, Nov. 22, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Pervasive Computing Technology Market Research Report: By Components, Hardware, Technology, Applications– Forecast Till 2030, the market is anticipated to acquire a valuation of approximately USD 2.31 Billion by the end of 2030. The reports further predict the market to flourish at a robust CAGR of over 22.31% during the assessment timeframe.

Pervasive Computing Technology Market Overview:

The pervasive computing technology market demonstrates significant revenue growth. The increasing uptake of cloud-based services in growing numbers of enterprises would continue to drive market growth. Pervasive computing, also widely known as ubiquitous computing, is designed to make embedding computational capability effectively communicate and perform useful tasks, minimizing the end user’s need to interact with computers as computers. The proliferation of smartphones, smart mobile devices, and connecting workforce solutions allows the market to witness exponential growth in the upcoming period. 

Pervasive Computing technology is always available and sustainably inter-connected through the internet and wireless computing. The technology provides greater scope to understand and identify inter and intra service dependencies required to minimize service silos. Pervasive computing technology can break down silos to drive true structural convergence.

It has opened new avenues for Web 3.0 to optimize and scale future metaverses through high-performance, decentralized, ubiquitous, and reliable & secure cloud-integrated networks. The proliferation of smartphones, cloud, IoT devices, AI, nanotechnology, and the compact battery has fostered a seamless, interconnected, intelligent network connecting many people and objects.

Pervasive computing capabilities would continue to evolve, bringing solutions that can solve complex problems with greater precision. One of the profound impacts of this technology is that it is not limited to shifting how we work, solve, and communicate but also optimizing and scaling the underlying technologies. To harness the power of pervasive computing, optimizing the 5G+ platform is crucial.

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Players leading the pervasive computing technology market include-

  • Blazon Marketing Inc.
  • E-Tron Co.Ltd.
  • Hewlett-Packard
  • Neo Metal Co.Ltd.
  • Palo Alto Research Center Incorporated (PARC)
  • T&T Inc.
  • Maruhachi Warehouse Co.Ltd.
  • IBM Corporation
  • Fujitsu Laboratories of America, Inc.
  • Tata Consultancy Services Limited 

Pervasive Computing Technology Market Report Scope:

Report Metric Details
Pervasive Computing Technology Market Revenue forecast in 2030 USD 2.31 Billion
Pervasive Computing Technology Market Growth Rate CAGR of 22.31% from 2020 to 2030
Base Year 2019
Study Period 2020-2030
Key Market Opportunities Pervasive Computing Technology Market are required to display high development potential throughout the following years, not many years from a flood in customer interest for keen gadgets
Key Market Drivers The Global Pervasive Computing Technology Market report is an exact and profound plunge concentrate on the present status that focuses on the significant drivers, market techniques, and forcing the central members’ development

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Pervasive Computing Technology Market- Industry Trends

The growing adoption of IoT is also one of the predominant factors fostering market growth. Augmented uptake of BYOD policy in organizations and the rising demand for high-speed data services fuels the market growth further. Similarly, the spurring increase in web-based applications and government funding towards secured centrally connected systems supports the market growth. 

Pervasive Computing Technology Market Segments

The pervasive computing technology market is segmented into types, applications, and regions. Of these, the type segment is sub-segmented into mobile computing, distributed computing, location computing, context-aware computing, mobile networking, sensor networks, artificial intelligence, and human-computer interaction. 

The application segment is sub-segmented into energy management, transportation, environment monitoring, industrial logistics, and others. The end-user segment is sub-segmented into automotive, electronics & semiconductors, healthcare, food & packaging, and others. The region segment is sub-segmented into the Asia-Pacific, Americas, MEA, Europe, and Rest-of-the-World. 

Pervasive Computing Technology Market Regional Analysis

North America dominates the global pervasive computing technology market. The region is a hub for many enterprises and early adopters of innovative technology, offering a favorable platform for the technology to evolve significantly. Resultantly, the market is witnessing significant upgrades in technologies, manufacturing process operations, and industrial infrastructure.

Besides, the largest market share attributes to the vast cell phone consumer base and advancements in Wi-Fi, WLANs, and 4G/LTE. The strong presence of major market players, rising mobile networks, and increased demand for high-speed data services are other key factors driving the cloud HPC market size in this region. 

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Europe follows the lead, heading with the processing innovation relied upon tremendous development in the conjecture time frame. The proliferation of mobile devices, wide adoption of cloud-based solutions among SMEs & large enterprises, and developments in the IT sector are key factors propelling the market growth in the region. Continual R&D investments in developing pervasive computing devices propel the market growth in the future. 

The Asia Pacific region is the third-largest market for pervasive computing technology. The market is driven by the growing opportunities in emerging countries, including the rising adoption of cloud services and the inclination to automation. Markets in China, Japan, and India hold considerable shares in the market due to the headways in the buyer gadgets industry. Rising demand for a cost-effective secured WLAN group fosters market growth.

Pervasive Computing Technology Market Competitive Landscape

The pervasive computing technology market appears fiercely competitive, mainly due to major players who are primarily focusing on developing their product portfolio with the help of advanced technologies. Various dynamic and diversified organizations, having an international presence and new entrants, form a competitive landscape. Innovating continuously and increasingly, these leaders seek market expansion. 

Also, an ever-increasing emphasis on branding-oriented efforts has been observed among the vendors. Mergers & acquisitions, innovation, and increasing R&D investments to develop a cost-effective product portfolio and expand global footprints remain key strategies for these players. Rising government funding motivates these companies to develop new technology that matches changing trends and needs across enterprises.

Considering the vast demand for AI-integrated pervasive computing technology from semiconductor manufacturing, industry players offer large-scale digital identity ecosystems for connected networks using Blockchain, AI, and IoT. Market players accentuate the development of microprocessors that can secure the pervasive computing technology playing a causal role in shaping the internet of everything. 

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For instance, on Nov. 08, 2022, Researchers at Indiana University (IU) announced receiving a US$2.1 MN grant from the National Science Foundation (NSF) to streamline computing research environments. NSF’s Cybershuttle project aims to create a seamless system that can make it easier to share data and tools with collaborators and national resources. The said grant from the NSF will be redirected through the Pervasive Technology Institute and other recipients to aid in the continued development & research of the Cybershuttle project.

Related Reports:

Cloud Computing Market Research Report: By Service Model, By Deployment, By Organization Size, By Vertical – Forecast till 2030

Grid Computing Market Research Report, By Components, Graphics Type, by End User, by Application; Forecast till 2030

Cognitive Computing Technology Market: Technology, Deployment, Organization Size, End-User – Forecast till 2030

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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