Changes in Consumer Behaviour During COVID-19 Outbreak May Affect Growth ofChanges in Consumer Behaviour During COVID-19 Outbreak May Affect Growth of Robotic Process Automation Market

The growing digitization has been encouraging enterprises to adopt best practices which provide service in a timely manner and are cost-effective. Virtual workforce aims to automate business processes in order to save both cost and time and thus is a big part of digital transformation. By automating mundane and repetitive tasks, virtual workforce allows employees to focus on tasks that need human intervention for better decision making, which is why its demand is increasing.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/robotic-process-automation-market/report-sample

The market is witnessing growth due to the surging demand for virtual workforce, reduction in workforce cost, greater ease of doing business, and decreasing cost of automation software and services. RPA is a technology that helps in configuring computer software for capturing and interpreting existing applications to trigger several responses, process transactions, communicate with other digital systems, and manipulate data.

When process is taken into consideration, the robotic process automation market is categorized into decision support & management, interaction solution, and automated solution. Out of these, the automated solution category dominated the market during the historical period and is projected to hold the largest share of the market during the forecast period as well. This is ascribed to the expansion of banking, financial services, & insurance (BFSI) industry, which has been adopting RPA increasingly in order to enhance efficiency and decrease cost.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=robotic-process-automation-market
The growing digitization has been encouraging enterprises to adopt best practices which provide service in a timely manner and are cost-effective. Virtual workforce aims to automate business processes in order to save both cost and time and thus is a big part of digital transformation. By automating mundane and repetitive tasks, virtual workforce allows employees to focus on tasks that need human intervention for better decision making, which is why its demand is increasing.

Read More

Reefer Container Market Analysis With the Best Scope, Trends, Benefits, Opportunities to 2030

According to P&S Intelligence, the increase in the number of trade routes would help the global reefer container market grow. In April 2019, the Chongqing municipality in south-western China was linked to Indonesia via a new trade route, which, in September 2019, was connecting 190 ports across 90 nations. Moreover, with Asian countries increasing their influence on worldwide trade, trade routes are expected to get increasingly directed toward this region.          

 In addition, much of the long-distance trade is conducted via ships, which makes the sea the most important trade mode. All these factors are predicted to propel the reefer container market to a volume of 5,981.6 thousand twenty-foot equivalent units (TEU) in 2030, from 2,915.6 thousand TEUs in 2019, at a 7.3% CAGR between 2020 and 2030.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/reefer-container-market-report/report-sample

In the coming years, the highest CAGR in the reefer container market would be witnessed by the Latin America, Middle East, and Africa (LAMEA) region. Within LAMEA, the highest adoption of reefer containers is expected in Brazil, due to the increasing trade of frozen and chilled goods between Brazil and China and India. Moreover, Brazil, which is the most-productive market for logistics in LAMEA, contributed $145 billion to the regional logistics market in 2019.

Due to the COVID-19 outbreak, the reefer container market has been affected in a negative way. Contract, liquidity, labor, and several other issues have caused much economic stress to logistics and shipping companies. Moreover, global trade has declined by around 15%, and employee payments have also ceased or are delayed. With a complete or partial ceasing of trade operations and port closures, the supply chain has been severely hampered, which has further led to a reduced demand for reefer containers.

Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=reefer-container-market-report

The most prominent companies in the global reefer container market are Singamas Container Holdings Ltd., SeaCube Container Leasing Ltd., A.P. Moller - Maersk A/S,China International Marine Containers (Group) Co. Ltd., Triton International Ltd., Seaco Srl,MSC Mediterranean Shipping Company S.A., Ocean Network Express Pte. Ltd., Hapag-Lloyd AG, and ZIM Integrated Shipping Services Ltd.

Read More

Rising Vehicular Safety Regulations to Power Boom in Global Advanced Driver Assistance System (ADAS) Market

Due to the rising demand for safety and comfort features in vehicles, owing to the swift advancements in technology, the demand for advanced driver assistance systems (ADASs) is predicated to boom in the coming years. The rapid advancements in the sensor technology have propelled innovations and developments in electronic equipment, which is promoting the adoption of advanced systems in vehicles, by various manufacturers across the globe. Furthermore, the enhanced comfort and support features provided by ADASs, such as parking aid and cruise control, are further boosting the demand for these systems. 

The mushrooming volume of sales of connected cars across the world, on account of the rapid technological advancements, is another major factor fuelling the growth in the demand for ADAS. Moreover, the rising regulations by various governments, especially the ones in developed countries, aimed at increasing vehicular safety, are further pushing the demand for ADAS. Due to these factors, the global ADAS market is expected to witness a massive increase in its value, not only in developed nations, but the developing ones as well.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/driver-assistance-systems-market/report-sample

The major components used in ADAS are sensors and systems. Of these, the systems used in ADAS are expected to register faster growth in demand in the coming years. The widely used types of ADASs are pressure monitoring systems (TPMS), intelligent parking assist systems (IPAS), drowsiness monitoring systems, adaptive cruise control systems, lane departure warning systems, blind spot objection detection systems, and adaptive front lighting systems (AFLS). Amongst these, TPMSs are expected to record the highest growth in procurement in the coming years, as their installation has been made mandatory in numerous European countries. 

The global advanced driver assistance system market is currently witnessing a skyrocketing number of collaborations and partnerships amongst major companies, in order to expand their consumer base and geographical footprint and also enhance their product portfolio. For instance, in 2015, Valeo SA signed two agreements with Mobileye NV and Safran SA, with the aim of developing front-facing camera solutions and sensor-fusion-technology-based products, with the help of Mobileye’s EyeO computer vision algorithms and microprocessors, and increasing the development of driving aids for autonomous vehicles.

Due to the increasing urbanization rate, and rising demand for high-end vehicles, due to the surging disposable income of people, the installation of ADAS is expected to grow the quickest in the Asia-Pacific (APAC) region, in the near future. In addition to this, the moderate number of sales of passenger cars in developed countries and the surging demand are expected to further boost the demand for ADAS in this region in the coming years. 

Therefore, due to the increasing demand for high-end vehicles, rapid advancements in technology that are powering the development of connected vehicles, which are equipped with numerous safety features, and rising implementation of vehicular safety laws and regulations by governments across the world, the demand for ADAS is forecast to surge in the coming years.

Read More

How is Increasing Incidence of Cancer Powering Surge of Global Stem Cell Banking Industry?

One of the major factors fuelling the increasing popularity of stem cell banking is the increasing prevalence of chronic diseases such as cancer across the world. As per the World Health Organization (WHO), one of the major causes of mortality and morbidity throughout the world is cancer, with almost 14 million people getting affected by the disease in 2012. Furthermore, the number of new cancer cases is predicted to increase by 70% all around the world in the next two decades.

To Learn More About This Report: https://bit.ly/38GkFC3

Stem cell therapies are being increasingly adopted in many countries, because of their huge success in treating cancer and other types of chronic diseases. Moreover, the rising awareness amongst the people about the need for preserving stem cells will further boost the demand for stem cell banking in future. Due to these factors, the global stem cell banking market is expected to register unprecedented growth during the forecast period (2020—2030). Stem cells are basically, used for generating new cells and tissues for the treatment of various diseases such as Parkinson’s disease, Alzheimer’s disease, arthritis, diabetes, and heart diseases.

Stem cell banking is widely used for the treatment of leukemia, autism, diabetes, thalassemia, and cerebral palsy. Out of these, the prevalence of leukemia is rising at a rapid pace across the world, which is in turn, fuelling the progress of the stem cell banking market all over the world. As per the Leukemia and Lymphoma Society (LLS), which is a voluntary healthcare organization focussing on providing access to blood cancer patients for treatments and funding research activities regarding the same, one person is diagnosed with blood cancer in the U.S. at almost every 3 minutes.

Thus, it can be said with full confidence that the popularity of stem cell banking will surge throughout the world in the forthcoming years, mainly because of the increasing requirement of stem cell therapies for the treatment of various kinds of diseases such as cancer, Parkinson’s disease, and leukemia.

Read more: https://www.psmarketresearch.com/market-analysis/stem-cell-banking-market

Read More

How are Increasing Healthcare Costs Contributing toward Boom of Global Healthcare Information Technology Integration Market?

The burgeoning need for reducing the overall healthcare costs is one of the major factors responsible for the incorporation of information technology (IT) solutions in the healthcare industry across the world. In many countries around the world, there has been a huge rise in the integration of various IT applications such as internet of things (IoT) in healthcare applications over the last few years in order to mitigate the healthcare costs. In addition to this, the governments in several countries are taking numerous initiatives for promoting the adoption of IT solutions in the healthcare industry.

The exchange of patient information and clinical data amongst the hospitals and their various partners helps in formulating solutions for complex interoperability problems and thus promotes the adoption of IT solutions in the healthcare industry. The increasing demand for incorporating IT in the healthcare applications is another important factor pushing the adoption of IT solutions in healthcare operations. Due to these factors, the global healthcare IT integration market is expected to demonstrate substantial growth during the forecast period (2020—2030).

Geographically, the North America registered the highest adoption of IT solutions in the healthcare industry in the past, due to the presence of favorable reimbursement policies aimed at reducing the healthcare costs in the region, improving healthcare facilities, huge demand for adopting IT in the healthcare system, and the presence of a large geriatric population and a technologically advanced healthcare ecosystem in the region. However, the healthcare IT integration market is expected to grow the fastest in the Asia-Pacific (APAC) region in the years to come.

Hence, it can be said with full confidence that the incorporation of IT solutions will increase considerably in the healthcare industry in the forthcoming years, on account of the rising need for reducing the healthcare costs, increasing demand for advanced systems and facilities in the healthcare industry, and presence of supportive government measures for the integration of IT in the healthcare applications throughout the world.

Read more: https://www.psmarketresearch.com/market-analysis/healthcare-it-integration-market

Read More

Know About Covid-19 Impact on Digital Pen Market | Insights on Size, Share, Demand, Trends & Key Players

Broadly, clinical documentation, education, billing & back office, and communication are the major areas where digital pens find application. In the coming years, their use for clinical documentation purposes is expected to increase the fastest, as the healthcare sector is undergoing rapid digitization. Another sector where the uptake of computers, mobile devices, and digital pens is rising is education. 

Get Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/digital-pen-market/report-sample

The rapid digitization and expansion of the healthcare industry are two of the reasons the digital pen market growth would be the most significant in Asia-Pacific (APAC) in the coming years. Another reason behind this would be the rising internet penetration in the region; as per the World Bank, the percentage of people with access to the internet in China grew from merely 1.7% in 2000 to 54.3% in 2017. The increase during the same period in India was from 0.5% to 34.45%.

The use of such computing tools for learning not only helps replace the traditional books and notebooks, but also makes the educational content accessible from anywhere, on the internet. Similarly, digital pens are being used on interactive whiteboards, to make learning fun, interesting, and less boring for students. In the same vein, the art and design field is also witnessing a rapid incorporation of these electronic stylus-like objects. 

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=digital-pen-market

These pens let artists create freehand illustrations, which can be edited once on the computer. With digital pens, e-prescriptions can be written, which can be transferred to the patients or pharmacies over the internet, without the need for traveling physically. This not only makes the entire process faster, but also helps save money for healthcare providers as well as patients.

Thus, with a rise in the number of people who can access the internet and spend more on gadgets, the demand for digital pens would keep increasing around the world.

Read More

Car Subscription Market Being Driven by Changing Ownership Patterns

There is no doubt about the fact that vehicles, in fact, the whole transportation system, has made lives of human beings comfortable and easy. While owing a car these days is not a big deal as it used to be a few years ago, some people still cannot afford to buy cars or do not want to go through the hassle of buying a car. Buying a new car doe not just include a simple payment for the automobile, but one needs to think about insurance and other maintenance cost that need to be taken care of later.

The prevalence of cab services, such as Ola and Uber, has considerably made traveling easier for people who do not own a car, but if someone needs to go even further when it comes to travelling with comfort, they can also choose the option of car subscription services. The concept of car subscription is easy enough to understand, the person just needs to pay a fixed amount of sum on a monthly basis, or whatever the subscription model entails, and the service provides access to a car. Car subscription services are flexible than the traditional lease system, as the person can chose a model of their preference, and if need be, swap it for a different one in the future.

Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/car-subscription-market/report-sample

In the past, North America made extensive usage of car subscription services, which is ascribed to the over 10% penetration into the average household incomes in the U.S. Other than this, the requirement for car subscription services is also expected to increase considerably in the Asia-Pacific region in the coming years. The car subscription market in the region is being primarily driven by developing countries, including Australia, China, and India.

Hence, the need for car subscription services is increasing due to the changing ownership patterns.

Some of the private/third party major players operating in the global car subscription market are Zoomcar, Drover, Clutch Technologies, Revv (Primemover Mobility Technologies Pvt. Ltd.), Myles, and InMotion Ventures.

Read More