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Industrial Food Cutting Machines Market to hit $ 3,368.12 Mn By 2030, Exhibiting a CAGR of 5.3%



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New York, May 19, 2023 (GLOBE NEWSWIRE) — As per the research report “Global Industrial Food Cutting Machines Market” published by Consegic Business Intelligence, the market was worth USD 2,279.93 Million in 2022 and is anticipated to reach over USD 3,368.12 Million by the year 2030, growing at a CAGR of 5.3%.

Industrial food cutting machines are used to process large amounts of food items including fruits, vegetables, meat, and others quickly and efficiently. Food cutting machines help in preparing foods by cutting or slicing fruits, vegetables, and meat into accurate shapes and sizes. The chopped food products are sent to restaurants, canteens, retail grocery stores, and fast-food restaurants among others for further processing.

The growing food & beverage industry is fueling the adoption of industrial food cutting machines. Food cutting machines tend to process large amounts of food items cleanly and quickly, as a result, the food & beverage industry is increasingly deploying industrial food cutting. Moreover, increasing government initiatives to boost the production of fruits, vegetables, and meat processing is contributing to the growth of the market. For instance, in March 2023, U.S. Department of Agriculture invested approximately USD 43 Million in Meat and Poultry Processing Research to increase the processing and production of meat products. Thus, the growing food & beverage industry along with favorable government initiatives is accelerating the growth of the market.

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The integration of advanced technologies such as Artificial Intelligence (AI) is expected to present significant growth opportunities for the industrial food cutting machines market. AI is expected to play a crucial role in monitoring production performance as a result of increased pressure on food manufacturers and distributors to provide high quality food products. AI automatically collects data on machinery performance, thereby increasing the productivity of the industry.

Global Industrial Food Cutting Machines Market Segmentation Details:

Based on Product Type, the food slicer segment contributed the largest shares to the market growth in 2022. Food slicers allows users to obtain uniform portions of food products by setting the slice thickness. The growing utilization of industrial slicers to maintain product uniformity is driving the growth of the industrial food cutting machines market. As a result, food slicers play a crucial role in improving the quality of the food products, resulting in market growth.

Based on Technology, semi-automatic segment offered substantial shares to the global industrial food cutting machines market in the year 2022. Restaurants, canteens, fast-food joints are increasingly deploying industrial food cutting machines in order to serve customers according to their requirements. The increasing demand for customizable food products is accelerating the growth of the market. Semi-automatic industrial food cutting machines allows users to obtain food slices and pieces of accurate sizes and provides easy customization of the slices according to the requirements.

Based on Application, the fruits and vegetables segment contributed the largest shares to the market growth in 2022. The ability of industrial food cutting machines to cut accurate slices of fruits and vegetables without altering the natural qualities of the fruits, vegetables or any products is driving the growth of the market. Fruits and vegetable cutting machines comprises of a wide range of blades, slices, and dices that cut fruits and vegetables effectively and efficiently. Thus, the growing adoption of vegetable and fruit cutting machines in large industries is accelerating the growth of the market.

Based on region, The North American region has been a major contributor to the growth of industrial food cutting machines market. The growing trend of frozen and packaged food products in the regions is driving the growth of the market. Changing consumer lifestyle has resulted in increased demand for instant and processed food products. Furthermore, technological advancements in industrial food cutting machines is accelerating the growth of the regional market.

Report Attributes Report Details
Market Size By 2030  USD 3,368.12 Million
Forecast Period 2023-2030
CAGR (2023-2030) 5.3%
Base Year 2022
Study Timeline 2017-2030
Key Players Brunner-Anliker AG, Buhler AG, Cheersonic, Dadaux, Deville Technologies, EMURA Food Cutter Machine Co. Ltd, Illinois Tool Works Inc., Jaymech Food Machines Ltd., Marel TREIF GmbH, Urschel Laboratories, Inc., Weber Maschinenbau GmbH
By Product Type Food Dicers, Food Milling, Food Shredders, Food Slicers, and Others
By Technology Automatic and Semi-Automatic
By Application Fish, Fruits and Vegetables, Meat, Seafood, and Others
Report Coverage Company Ranking and Market Share, Growth Factors, Total Revenue Forecast, Regional Competitive Landscape, Business Strategies, and more
By Region North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

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Key Market Highlights

  • The global industrial food cutting machines market size is estimated to reach USD 3,368.12 Million by 2030 and grow at a CAGR of 5.3 % during the forecast period (2023-2030).
  • Globally, industrial food cutting machines are divided based on the product type into food dicers, food milling, food shredders, food slicers, and others.
  • In the context of technology, the market is separated into automatic and semi-automatic.
  • Based on the application, the market is segregated into fish, fruits and vegetables, meat, seafood, and others.
  • The market is geographically divided into five regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
  • Asia Pacific and North America are estimated to support the market growth during the forecast period in terms of the large presence of market players combined with high expenditures on technological advancements in industrial food cutting machines market.

Industrial Food Cutting Machines Market Growth Drivers:

  • The increasing demand for industrial food cutting machines in restaurants, canteens, quick service restaurants (QSR), and more is driving the growth of the market.
  • Rising demand for industrial cutting machines from the food & beverage industry, resulting in the growth of industrial food cutting machines market.
  • Growing meat processing industry is fueling the adoption of industrial food cutting machines.


  • The high installation and maintenance costs associated with industrial food cutting machines is restraining the growth of the market.
  • The processing of food products such as fruits and vegetables strips away essential nutrients from fresh food items at the time of ultra-heat treatment processes, thereby hindering the growth of the market.


  • The integration of advanced technologies including ultrasonic technology is expected to provide significant growth opportunities for the industrial food cutting machines market.

Recent Developments

  • In May 2021, Kanchan Metals Pvt. Ltd. introduced vertical tray lifting system for food processing industry consisting of crates, trays, and boxes to increase the productivity of the industry.
  • In September 2021, Quintus Technologies AB launched new High-Pressure Processing (HPP) systems with customized service solutions to enhance food quality and boost profitability.

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List of Major Global Industrial Food Cutting Machines Market Players

The market research report examines various market factors to determine the key drivers, limitations, and opportunities affecting market players. The report includes a SWOT analysis, regional analysis, and segment analysis to give a complete view of the market situation. This evaluation helps to identify possible growth opportunities through the implementation of technology, product utilization, business strategies, and the launch of new products. The following are major market players operating in the market environment —

  • Brunner-Anliker AG
  • Buhler AG
  • Cheersonic
  • Dadaux
  • Deville Technologies
  • EMURA Food Cutter Machine Co. Ltd
  • Illinois Tool Works Inc.
  • Jaymech Food Machines Ltd.
  • Marel TREIF GmbH
  • Urschel Laboratories, Inc.
  • Weber Maschinenbau GmbH

Global Industrial Food Cutting Machines Market Segmentation: 

  • By Product Type
  • Food Dicers
  • Food Milling
  • Food Shredders
  • Food Slicers
  • Others
  • By Technology
    • Semi-Automatic
    • Automatic
  • By Application
  • Fish
  • Fruits and Vegetables
  • Meat
  • Seafood
  • Others

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Key Questions Covered in the Industrial Food Cutting Machines Market Report

  • What is Industrial Food Cutting Machines?

– Industrial Food cutting machines are the equipment that are deployed in large scale industries for the processing of big quantities of foods products such as vegetables, fruits, seafood, meat, and others. The machines are deployed in restaurants, canteens, and quick services restaurants to obtain accurate sizes and shapes of the aforementioned food products.

  • What will be the potential market valuation for the industrial food processing machines market industry by 2030?

– The market for global industrial food processing machines is expected to reach USD 3,368.12 Million in 2030 growing at a CAGR of 5.3% due to the growing demand for frozen and package food products.

  • What specific segmentation details are covered in the industrial food processing machines market report, and how is the fastest segment anticipated to impact the market growth?

– The report consists of segments including product type, technology, and application. Each segment is projected to have the fastest-growing sub-segment being fueled by industry trends and drivers. For instance, the technology segment witnessed automatic industrial food cutting machines as the fastest-growing segment during the forecast period due to its ability to offer ease and convenience to the user.

  • Which region is anticipated to witness the highest CAGR during the forecast period, 2023-2030?

– The Asia-Pacific region is expected to witness fastest-CAGR growth during the forecast period due to the growing consumer awareness of the health benefits of fresh, wholesome, additive-free, convenience foods such as chilled, fresh-cut fruits and vegetables among population.

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About Consegic Business Intelligence Pvt Ltd

Consegic Business Intelligence Pvt Ltd. is the leading research industry that offers contextual and data-centric research services to its customers across the globe. The firm assists its clients to strategize business policies and accomplish sustainable growth in their respective market domains. The industry provides consulting services, syndicated research reports, and customized research reports.

Topnotch research organizations and institutions to comprehend the regional and global commercial status use the data produced by Consegic Business Intelligence Pvt Ltd. Our reports comprise in-depth analytical and statistical analysis on various industries in foremost countries around the globe.

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Contact no.: (US) (505) 715-4344

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Artificial Intelligence

Aurionpro Solutions acquires, to power next generation Enterprise AI platforms for Financial Institutions



SINGAPORE, April 20, 2024 /PRNewswire/ — Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) announces the acquisition of Banking and Insurance focused PaaS startup, With, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable.

Aurionpro Solutions Ltd. will acquire a majority stake (67%) in This acquisition will bring products and expertise in Artificial Intelligence, Deep Learning, Intelligent Automation, PaaS, Autonomous AI Platforms, and more, to complement and strengthen Aurionpro’s industry leading portfolio.
The transaction comprises acquisition of shares held by the existing shareholders and subscription of new equity capital in the company. This will be an all-cash deal. The aggregate investment including  secondary acquisition and fund infusion is approximately 16.5 MN USD.
By integrating’s cutting-edge AI cloud platform, with Aurionpro’s comprehensive suite of offerings, the company will create an industry leading Enterprise AI platform focused on creating value for financial institutions globally. 
Commenting on the acquisition, Ashish Rai, CEO of Aurionpro Solutions, stated, “The acquisition of marries Aurionpro’s portfolio of industry leading enterprise software with one of the most mature Enterprise AI platforms focused on Banks and Insurers. We are incredibly excited about working with and our wider ecosystem partners to build out the leading Enterprise AI platform, for the financial industry worldwide.”
“Our decade long experience in building tools/platform for deep learning helped us to build a truly verticalized AI Operating System for Banking and Insurance.” Says Vinay Kumar CEO/Founder of “Together with Aurionpro, we are going to build a new generation of Enterprise AI software for Banks and Insurers that truly embeds AI, augmenting a task or Autonomous Agents that can take over entire transactions”. 
Founded in 2013 by Vinay Kumar and Deekshith Marla, has been one of the first ‘AI’ startups to use Deep Learning and deploy in enterprises.’s BFSI PaaS offerings include Arya API with 80+ ML models, Libra for fine-tuning SOTA ML models, and AryaXAI for AI governance.
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Artificial Intelligence

Free Your Hands, QIDI Vida Smart AR Glasses Lead the Way in New Sports Experience.




NEW YORK, April 19, 2024 /PRNewswire/ — Outdoor smart AR glasses, QIDI Vida, will officially launch on 23rd April on the Kickstarter platform.  QIDI Vida integrates the many functions of smart watches, sports headphones, cycling computers, heart rate monitors, and walkie-talkies using AR+AI technology, allowing users to bid farewell to cumbersome device management and enjoy outdoor sports anytime, anywhere with just one pair of glasses.

QIDI Vida uses high-tech HUD (Head-Up Display) which is similar to the technology used for aircrafts and premium cars and introduces it to the sports industry. Users can activate the HUD function at any time using voice control, enabling them to focus on the route ahead whilst simultaneously having access to information such as navigation, speed, heart rate, power and cadence, among other metrics. Another great function of the QIDI Vida is that users can also enjoy audiovisual entertainment through the optically perceived 100-inch AR  HUD screen, when having some down time. 
As cyclists and hikers often travel in groups, QIDI Vida supports eSIM and team functionality, allowing real-time voice communication without releasing handlebars, and users can monitor their groups’ real-time locations. The glasses also have comprehensive sensing and monitoring capabilities including temperature, humidity, UV, air pressure, geomagnetism and acceleration. In addition to obtaining environmental and health information, it also features health warnings such as altitude sickness symptoms and high heart rate, as well as fall and collision detection functions. And, in the event of danger, it can send distress signals to teammates.
QIDI Vida has a global voice recognition and interaction feature that allows you to control all functions within the device by voice. To better provide users with an immersive sports experience, QIDI Vida’s intelligent system will have the capability to instantly gather personalised sports data, enabling it to deliver timely voice alerts and broadcasts, including the duration of exercise, distance, the environment and the weather – all tailored to the user’s preferences.
QIDI Vida enables voice-controlled photos and video recordings, allowing users to capture moments whilst cycling or hiking without the need to stop. QIDI Vida supports connections with common cycling smart hardware such as Garmin, Wahoo, Apple, and Samsung, supports GPX route files, and is compatible with professional sports apps such as Strava, Keep, Zwift, Apple Health, and All Trails.
QIDI Vida stands out for its lightweight and comfortable design with a dual lens for a full-colour data display, unlike competing AR glasses that typically have a single lens and limited colour. This innovation significantly enhances and augments the user’s sports and reality experience.
QIDI Vida will launch on the Kickstarter platform:
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Risk Analytics Market worth $180.9 billion by 2029 – Exclusive Report by MarketsandMarkets™




CHICAGO, April 19, 2024 /PRNewswire/ — The growing use of real-time monitoring and advanced analytics, integration with cutting-edge technologies like blockchain and IoT, and an emphasis on cybersecurity, cross-industry applications, and regulatory compliance are the key factors that will shape the risk analytics market in the future. The market’s development will also be influenced by collaborative risk management, improved user experience, and an increasing focus on ESG factors and risk culture.

The Risk Analytics Market is estimated to grow from USD 59.7 billion in 2024 to USD 180.9 billion in 2029, at a CAGR of 24.8% during the forecast period, according to a new report by MarketsandMarkets™.  Several trends fuel the global spread of Risk Analytics. Increasingly Increasing Data Complexity, Rising Cybersecurity Threats and Rising Adoption of Cloud-Based Solutions A growing talent pool of data scientists and engineers is building the necessary tools and infrastructure. Governments are recognizing the potential of risk analytics for economic growth and are investing in research and development. These trends make DI more accessible and valuable, leading to its global adoption.
Browse in-depth TOC on “Risk Analytics Market”260 – Tables 60 – Figures350 – Pages
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Scope of the Report
Report Metrics
Market size available for years
Base year considered
Forecast period
Forecast units
USD Billion
Segments Covered
Offering,Risk Type, Risk stages, Vertical, and Region.
Geographies covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies covered
IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US)
By offering the services segment to account for higher CAGR during the forecast period
In the Risk Analytics Market, the highest CAGR of services is fueled by Increasing Complexity of Risks, AI and machine learning advancements, big data analytics integration, business process optimization, cloud-based solutions adoption, data-driven culture, and diverse industry adoption. These trends reflect a global shift towards leveraging data for competitive advantage, driving a continuous need for sophisticated risk analytics services across sectors. As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.
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By Type, GRC software is expected to hold the largest market size for the year 2024
GRC software typically offers comprehensive solutions that cover a wide range of risk management needs, including compliance management, policy management, audit management, and risk assessment. They also provide organizations with enhanced visibility into their risk landscape. Through features such as risk assessment, risk monitoring, and reporting, organizations can identify and prioritize risks more effectively, enabling proactive risk management strategies.  GRC software streamlines risk management processes through automation, reducing manual effort and increasing efficiency. Tasks such as risk assessments, control testing, and incident management can be automated, freeing up resources to focus on strategic risk mitigation efforts. the combination of comprehensive functionality, regulatory compliance support, efficiency gains, scalability, integration capabilities, and culture enhancement makes GRC software a preferred choice for many organizations seeking to manage risk effectively.
By Vertical, Healthcare & Life Sciences is projected to grow at the highest CAGR during the forecast period
The Healthcare and Lifesciences is experiencing a surge in the adoption of risk analytics due to a confluence of factors. Healthcare providers and life sciences companies wants to ensure the safety and well-being of patients. Risk analytics helps in identifying potential risks to patient safety, such as medication errors, adverse events, and medical device failures. The healthcare and life sciences industries are heavily regulated, with strict guidelines for patient care, data privacy, drug development, and clinical trials. Risk analytics helps organizations ensure compliance with these regulations by identifying and mitigating risks of non-compliance.  Healthcare organizations and life sciences companies also face financial risks associated with fraud, billing errors, revenue cycle management, and reimbursement challenges. Risk analytics helps in detecting anomalies and optimizing financial processes to mitigate these risks.
Asia Pacific is expected to grow at the highest CAGR during the forecast period
The Asia-Pacific (APAC) region is experiencing rapid growth in the Risk Analytics Market, boasting the highest Compound Annual Growth Rate (CAGR). This surge is primarily attributed to rising demand for data-driven decision-making solutions, expanding digital transformation initiatives across industries.. Moreover, the region’s favorable regulatory environment, growing investments in big data analytics, and the integration of advanced technologies like the Internet of Things (IoT) further propel APAC’s dominance in Risk Analytics Market growth.
Top Key Companies in Risk Analytics Market:
The major risk analytics software and service providers include IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US). These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the Risk Analytics Market.
Recent Developments:
In March 2024, Orcale announced Oracle Risk Management Cloud in Release 24B. It offers comprehensive solution designed to help organizations identify, assess, and mitigate risks across their business operations. It offers advanced analytics, automation, and collaboration tools to streamline risk management.In March 2024, FIS Global announces card fraud detection capabilities leveraging artificial intelligence (AI) with aim to bolster FIS’s ability to identify and prevent fraudulent transactions, providing greater security for cardholders and financial institutions alike.In March 2024, Aon acquired an AI-powered platform to assist fleet and mobility clients in making data-driven decisions, enhancing operational efficiency and risk management. The platform utilizes artificial intelligence to analyze data and provide insights, enabling clients to optimize their fleet operations and improve decision-making processes.In March 2024, Crisp joined Resolver, with the aim to enhance Resolver’s risk intelligence capabilities by integrating Crisp’s expertise and technology into its platform, offering clients improved risk assessment and mitigation tools.In February 2024, SAS partnered with Carahsoft to bring analytics, AI, and data management solutions to the public sector. The aim is to leverage SAS’s expertise in advanced analytics and Carahsoft’s extensive government market reach to offer tailored solutions that enable public sector organizations to harness the power of data for informed decision-making and improved outcomes.Inquire Before Buying@
Risk Analytics Market Advantages:
By offering insights into potential risks, opportunities, and trends, risk analytics helps organisations make data-driven decisions that improve strategic planning and resource allocation.In order to improve risk management procedures and lessen exposure to possible threats, risk analytics solutions assist businesses in identifying, evaluating, and mitigating risks across a range of business activities, including finance, operations, and compliance.Through real-time monitoring and anomaly detection made possible by risk analytics, organisations may proactively address shifting market situations, legal requirements, and cybersecurity threats.Risk analytics solutions assist organisations lower operating costs, increase productivity, and streamline compliance activities, which results in cost savings and resource optimisation. They do this by streamlining risk management procedures and automating routine work.Accurate risk assessments, audit trails, and reporting capabilities are just a few of the ways that risk analytics solutions help organisations comply with regulations and stay out of trouble.Organisations can enhance their resilience and competitiveness by anticipating and mitigating potential hazards before they materialise through the use of predictive modelling and advanced analytics approaches in risk analytics.Report Objectives
To define, describe, and predict the Risk Analytics Market by offering, risk type, risk stages, vertical, and regionTo provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the market growthTo analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leadersTo forecast the market size of segments with respect to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin AmericaTo profile the key players and comprehensively analyze their market rankings and core competenciesTo analyze the competitive developments, such as partnerships, product launches, and mergers & acquisitions, in the Risk Analytics MarketBrowse Adjacent Markets: Analytics Market Research Reports & Consulting
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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