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Sensor Data Analytics Market Size is Projected to Reach USD 6.26 Billion at a CAGR of 24.42% by 2030 – Report by Market Research Future (MRFR)

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New York, US, Jan. 30, 2023 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), The global sensor data analytics market – By Components, By Services, By Application – Is forecast for 2030. The market will touch USD 6.26 billion at a 24.42% CAGR by 2030, according to the current Market Research Future report.

Key Players 

Eminent industry players profiled in the global sensor data analytics market report include:

  • Tata Consultancy Services (India)
  • International Business Machines Corporation (U.S.)
  • SAP AG (Germany)
  • Cisco Systems, Inc. (U.S.)
  • Microsoft Corporation (U.S.)
  • Hewlett Packard Enterprise Company (U.S.)
  • Qualcomm Inc. (U.S.)
  • Schneider Electric SE (France)
  • Verizon Communications (U.S.)
  • Talend (U.S.)

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Growing Need for Wearables to Boost Market Growth 

The market for sensor data analytics is expanding as a result of the increased usage of wearable technology, such as wrist, body, and eyeglasses, in healthcare and consumer entertainment. Additionally, the technology for wearable products has advanced gradually, and the gadgets are getting smaller, which has led to numerous manufacturers applying this technology worldwide.

Additionally, a number of the market’s major companies are implementing new technologies to advance their goods and boost consumer satisfaction, which is propelling the market’s expansion. For instance, the Sensor Data Integrations were made available by the Digital Medicine Society (DiMe) in July 2022. These toolkits assist in realizing the sensor-generated data, which helps the business conduct better research and drive improved decision-making.

Market Opportunities 

Growing Adoption of IoT to offer Robust Opportunities 
IoT adoption is increasing, which is causing a rise in the demand for IoT-based sensor data in the retail and e-commerce, healthcare, and related industries over time. IoT provides a rich source of data on consumer preferences, assisting organizations in customer behavior analytics intended to strengthen brand loyalty with improved customer relations.

Market Restraints 

High Installation Cost to act as Market Restraint

 High installation cost and failure in machine in manufacturing may act as market restraints over the forecast period. 

Sensor Data Analytics Market Report Scope:

Report Metrics Details
  Market Size by 2030 USD 6.26 Billion
  CAGR during 2020-2030 24.42%
  Base Year 2019
  Forecast 2020-2030
 Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Key Market Drivers There are upward trends and growth in the powerful automotive industry, which are the primary drivers of the Sensor Data Analytics Market Insights. \r\n
There is also increasing demand for wearables.

Market Challenges 

Dearth of Skilled Professionals to act as Market Challenge 

The dearth of skilled experts coupled with the lack of awareness regarding sensor data analytics may act as market challenges over the forecast period. 

Browse In-depth Market Research Report (110 Pages) on Sensor Data Analytics Market:
https://www.marketresearchfuture.com/reports/sensor-data-analytics-market-1730

Market Segmentation 

The global sensor data analytics market is bifurcated based on applications, services, and components. 

By components, hardware will lead the market over the forecast period. 

By services, the market is divided into professional and managed.

By applications, manufacturing will domineer the market over the forecast period. 

COVID-19 Analysis of Sensor Data Analytics Market

The main AI experts believe that COVID-19 has had a significant impact on the market share of sensor data analytics that dealt with data science, and that now is the ideal time for technological advancement, developing companies, and major innovative startups to increase or raise capital, despite the fact that the sensor data analytics industry is experiencing an economic downturn. In addition, the demand for innovation in sensor data analytics technology is reaching its height.

Continuous lockdowns have had a favorable impact on the market growth. The worldwide epidemic posed a number of difficulties for the sensor data analytics industry. Infrastructure, distribution, healthcare, a lack of opportunities, and significantly reduced development activities are some of the significant elements that have significantly impacted the development of the ongoing demand and supply. However, there are significant strategic advances in the market for sensor data analytics. Because of the rising demand from consumers in many nations, MNCs and local governments are spending and putting more of their attention on the market opportunities for sensor data analytics.

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Regional Analysis 

North America to Head Sensor Data Analytics Market 

North America held the largest regional share of the sensor data analytics market in 2021 and is anticipated to keep that position throughout the forecast period as a result of developments in the information and communication technology (ICT) industry as well as the quickening adoption of artificial intelligence (AI) and the internet of things (IoT) across various industries. Due to the use of modern sensors and the presence of significant key players in this area, North America now dominates the sensor data analytics market and will maintain this trend.

The growth of the sensor data analytics industry is being positively impacted by the rising demand for predictive analytics in various industries for forecasting and machine learning, as well as research and innovation in the development of wireless sensors for use in consumer electronics and healthcare. Additionally, the usage of sensor data analytics in the healthcare sector has significantly increased, which has helped the sector thrive over time. In 2021, the region represented about two-fifths of the global market for sensor data analytics. Higher expenditure on data analytics & data processing solutions are contributing to the market’s rise throughout the forecast period.

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https://www.marketresearchfuture.com/ask_for_schedule_call/1730

Due to advancements in the information and communication technology (ICT) sector as well as the quick uptake of artificial intelligence (AI) & the internet of things (IoT) across a variety of businesses, the segment’s growth is increasing. The region’s nations are among the early adopters of cutting-edge technology, which has significantly accelerated the expansion of the regional market.

APAC to Have Admirable Growth in Sensor Data Analytics Market 

Asia-Pacific is anticipated to have considerable growth over the course of the forecast period for the rise in the number of big data analytics SMEs offering end consumers cost-effective solutions. Due to the accelerated economic and digital change seen in the Asia-Pacific area, the region has seen a rise in the penetration of sensor data analytics during the course of the projected period.

Related Reports:

Data Analytics Market – By Type, By Solution, By Industry – Forecast 2030

Image Sensor Market – By Technology, By Linearity, By Application to 2030

InGaAs Image Sensor Market – By Type, By Application, By Vertical – Forecast 2025

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

Savory & Partners: Digital Nomad Visas Sparking a Migration Boom

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DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.

A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
Unsurprising demand
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit www.savoryandpartners.com.
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research

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The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.

Request Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/5117 
Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Report Coverage
Details
Forecast Period
2023–2032
Base Year
2022
Market Size in 2022
$838.5 million
Market Size in 2032
$2.4 billion
CAGR
10.9 %
No. of Pages in Report
250
Segments covered
Range, End User, Distribution Channel, and Region
Drivers
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Opportunities
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Restraints
Less adoption in developing markets
Regular maintenance and repair costs
 
Procure Complete Report (250 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/64e274edbc38210d8eac6958c5995e56 
The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
Enquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/5117 
Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Read More Trending “AMR Exclusive Insights:
Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2023-2032Canada Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Mexico Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Europe Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032France Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Germany Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAllied Market Research Blog:https://blog.alliedmarketresearch.com/consumer-goods
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HH Global discloses environmental impact through CDP

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LONDON, Dec. 8, 2023 /PRNewswire/ — HH Global has furthered its commitment to environmental transparency by completing a full assessment of the carbon footprint of our business for the fourth year in a row and disclosing our impact through CDP, the world’s leading environmental disclosure platform. 

With a record +23,000 companies disclosing through CDP in 2023, HH Global’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency. 
CDP is a global non-profit that runs the disclosure platform for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to report on their environmental impacts – and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Their aim is to see a thriving economy that works for both people and planet in the long term.  
Kevin Dunckley, Chief Sustainability Officer at HH Global commented:”HH Global is proud to have disclosed our environmental data through CDP for the fourth successive year. Tracking progress on reducing emissions is essential if we are to secure a 1.5°C world. Commitment to meaningful and measurable environmental action is more critical than ever and reporting where we are, our goals for a sustainable future and how we are getting there is vital.”  
Sherry Madera, Chief Executive Officer at CDP said:
“With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by HH Global reporting through CDP this year.
“A 1.5-degree future is still possible if the global community works in lockstep to get there.
“By sharing their environmental data with CDP, HH Global is continuing an environmental journey that will contribute to keeping that future in sight.”
The full list of companies disclosing through CDP can be accessed here: https://www.cdp.net/en/responses. 
About HH Global
HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.
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