Healthcare Cognitive Computing Market Worth $5.0Bn By 2022 | Key Industry Players Google, IBM, And Apple

San Francisco, 29 Nov 2018 - The Global healthcare cognitive computing market is expected to reach nearly USD 5,064.8 million by 2022, according to a new report by Grand View Research, Inc. Key factors attributing to the market growth are rapid growth in the scientific database, demand for personalized healthcare, and the need to reduce healthcare expenditure levels. Increasing geriatric population is a major factor increasing the prevalence rate of several diseases.

North America healthcare cognitive computing market by technology, 2012-2022, (USD Million)

Information technology and big data analytics penetration in the healthcare industry is presently very less, and to tackle the increasing healthcare expenditure and improve customer experience, many manufacturers and research organizations are actively collaborating with technology firms to improve their products and services.

In 2015, big healthcare firms such as Johnson and Johnson (J&J) and Medtronic have partnered with IBM to utilize its cognitive computing platform Watson. J&J plans to utilize Watson to create a personal concierge service which can be used to prepare patients for knee surgery. Medtronic will use Watson to develop an internet of things (IOT) platform around its medical devices to collect data from patient’s personal use to understand product performance and patient response.

Furthermore, Apple has also invested significantly in the Watson platform to develop an IOS vendor ecosystem for its HealthKIT and ReasearchKit tool systems. These vendors would develop apps and other systems for personal health data collection, and utilizing the data for clinical trials and other healthcare applications.

In 2014, the natural language processing technology market accounted for the largest share at 46.5%, due to its ability to learn natural language key words, and different languages, thereby enabling easy user interface. Additionally, platforms such as IBM Watson are enabling the new startups to collaborate and develop new mobile and cloud applications. However, automated reasoning is expected to be the fastest growing with a over the forecast period, owing to its ability to apply logical reasoning and solve complex problems.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/healthcare-cognitive-computing-market

Further key findings from the study suggest:

• North America dominated the overall market with a share of nearly 52%. Key reasons attributing to region's market position include collaboration between information technology firms and healthcare firms and research centers. The convergence of these two industries is leading to reduction in the overall healthcare expenditure, in solving complex medical problems and drug discovery.
• Asia Pacific is identified as the fastest growing market. This region is expected to witness high public and private investment in the healthcare sector to cater to the unmet medical needs. Owing to the advent of digital healthcare services; the providers in this region are supporting the use of advanced analytical tools to simplify the DNA analysis, patient history and other records as a part of personalized healthcare services.
• Key players operating in the market include Google, IBM, Apple, PTC, Palantir, Microsoft and others. These companies have invested heavily in the natural language processing and machine learning platforms to develop new products catering to the healthcare industry. Additionally, new startups working on these platforms are expected to intensify competition and eventually lead to market consolidation.

Access More Reports Of The Same Category: www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the Healthcare Cognitive Computing market on the basis of application, and region:

Global Healthcare Cognitive Computing Technology Outlook (Market Revenue in USD Million, 2012 - 2022)

• Healthcare Cognitive Computing Market, by Technology
• Natural Language Processing
• Machine Learning
• Automated Reasoning
• Other Technologies

Global Healthcare Cognitive Computing End-Use Outlook (Market Revenue in USD Million, 2012 - 2022)

• Hospitals
• Pharmaceuticals
• Medical Devices
• Insurance
• Others

Healthcare Cognitive Computing Regional Outlook (Revenue, USD Million, 2014 – 2022)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
• MEA
  • South Africa 

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-healthcare-cognitive-computing-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Indoor LBS Market Size Worth $18.74 Billion By 2025 | Key Industry Players Apple Inc. And Cisco Systems Inc.

San Francisco, 29 Nov 2018 - The global indoor LBS market size is expected to reach USD 18.74 billion by 2025, according to a new study by Grand View Research, Inc., rising at a CAGR of 37.8% during the forecast period. Growing use of location-based services in the retail industry for marketing applications in expected to stimulate the growth of the market over the forecast period.

Industry players are increasingly striving towards providing real-time location services to customers, which is expected to stimulate market growth. Moreover, the use of 3D platforms to provide real-time information is allowing companies to improve their productivity. Indoor location-based services are also being implemented for public safety, whereby individuals can inform authorities about their location using their mobile devices.

Increasing penetration of mobile devices across various regions is expected to propel the market. Regions, such as North America and Europe, where smartphone penetration has surpassed 73.0%, are opening lucrative opportunities for companies to promote their products or services via location alerts and push messages on mobile devices. At the same time, developing regions, such as Asia Pacific, are also anticipated to fuel the demand for LBS for marketing initiatives.

Growth in location-based services is expected to benefit the retail industry. Retailers are using LBS to increase customer engagement by providing customers with information about their products and discounts whenever customers get in the vicinity of retail store. Retailers are also using LBS to gain insights on customers’ response to a particular promotional initiative and to tailor their marketing strategies accordingly.

There are several established as well as smaller players that offer location-based services. Larger enterprises focus on innovation and new product development whereas smaller companies provide deployment solutions and product services.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/indoor-lbs-market

Further key findings from the study suggest:

• The RFID and NFC segment is expected to emerge as the fastest growing technology segment, expanding at a CAGR of 42.1% over the forecast period. The growth of the segment can be attributed to rising prominence of wireless modes of communication
• North America accounted for the largest market share in terms of revenue and is expected to reach USD 7.65 billion by 2025. Prominent players such as Microsoft Corporation and Google Inc., who hold expertise in location-based services, are based in North America
• Proximity beacons are anticipated to emerge as the fastest growing product segment, exhibiting a CAGR of 42.4% over the forecast period. There are various types of beacons available, such as Bluetooth beacons, Wi-Fi beacons, and ultrasound beacons
• Location-based services are expected to be largely adopted for proximity and navigation applications owing to development of smart cities. These services along with smart devices enable city authorities to provide services such as location description and route information
• Key industry participants include Apple Inc.; Cisco Systems Inc.; GloPos Technologies; Google Inc.; HERE Holding Corporation; Inside Secure Corporation; IndoorAtlas Ltd; Micello, Inc.; Microsoft Corporation; Ruckus Wireless, Inc., Navizon Inc.; Qualcomm Inc.; Shopkick, Inc., YOOSE Pte. Ltd., and Sprooki Pte Ltd.

Access More Reports Of The Same Category: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global indoor LBS market based on products, technologies, applications, end use, and regions:

Indoor LBS Product Scope (Revenue, USD Million, 2014 - 2025)

• Analytics and Insights
• Automotive Services
• Campaign Management
• Consumer Services
• Enterprise Services
• Location and Alerts
• Location-based Advertising Services
• Maps
• Precision Geo-targeting
• Proximity Beacons
• Secure Transactions and Redemptions

Indoor LBS Technology Scope (Revenue, USD Million, 2014 - 2025)

• Context Aware Technology
• OTDOA and E-OTDOA
• RFID and NFC
• Satellite, Microwave and Infrared Sensing
• Wi-Fi/WLAN, UWB, BT/BLE, Beacons, and A-GPS

Indoor LBS Application Scope (Revenue, USD Million, 2014 - 2025)

• Monitoring
• Navigation
• Proximity
• Tracking
• Others

Indoor LBS End-use Scope (Revenue, USD Million, 2014 - 2025)

• Aerospace and Defense
• BFSI
• IT and Telecommunication
• Energy and Power
• Government
• Healthcare
• Hospitality
• Retail
• Transportation & Logistics
• Others

Indoor LBS Regional Scope (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • Saudi Arabia
  • United Arab Emirates (U.A.E.)

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-indoor-location-based-services-lbs-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Wearable Technology Market Worth $196.5 Billion By 2022 | Key Industry Participants Apple Inc., Adidas AG

San Francisco, 10 October 2018 - The global wearable technology market is anticipated to reach USD 196.5 billion by 2022, according to a new study by Grand View Research, Inc. Research and development investment by large number of industry player is expected to fuel growth over the forecast period.

North America wearable technology market by application, 2012 - 2022 (USD Billion)

Increasing disposable income worldwide is expected to fuel industry growth over the forecast period. Technological advancement, price, quality, and battery life influence the buying decision of the end-users. The emergence of 3D printing solution and crowd funding is expected to positively impact the wearable technology market.

Increasing smartphone penetration worldwide is expected to propel industry growth over the forecast period, owing to increasing wearable device compatibility. Advancement in semiconductor electronics is expected to favor more efficient and effective products, thereby fuel revenue growth over the next seven years.

Various health and economic benefits are expected to contribute to overall industry development. For instance, advertisement agencies can bring down research cost through the use of eye-wear, which can allow enhanced data collection of customers’ feedbacks. Low battery life and high cost of some of the devices may hinder the industry growth over the forecast period. Data privacy concern may also adversely affect the industry demand.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/wearable-technology-market

Further key findings from the study suggest:

• The global industry is innovation driven and continuously evolving. The products available in the market include wrist-wear, neck-wear, body-wear, eye-wear and foot-wear. Companies such as Nike, Garmin, GOQii are offering wrist-wear for fitness and sport and healthcare application.
• Applications include healthcare, fitness and wellness, infotainment, enterprise and industrial, and defense. Increasing concern about fitness and health among urban population is anticipated to drive demand over the forecast period. Advancement in virtual reality technology is expected to favor the infotainment segment over the next seven years. Government initiative to enhance their defense capability and provide soldiers with advanced technology is anticipated to drive investment in this sector.
• North America wearable technology market is estimated to be the key regional segment and is anticipated to grow at a CAGR of around 32% over the next seven years. Increasing in awareness about the benefit of this technology will drive demand in Asia Pacific over the forecast period. Asia Pacific is expected to be key component manufacturing hub over the forecast period owing to availability of cheap resources. The region was valued over USD 3 billion in 2014, and is expected to grow at a CAGR of over 36% from 2015 to 2022.
• Companies operating in the industry include Apple Inc., Adidas AG, Garmin, Fitbit, Nike, Inc., Google Inc., Jawbone, Sony Corp, Samsung Electronics Co. Ltd., and Xiaomi. In March 2014, Google Inc. launched Android operating system for wearable technology. CuteCircuit Technologies is a company that designs and develops wearable garments for both men and women.

Browse More Reports Of Same Category: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the wearable technology market on the basis of product, application and region:

Wearable Technology Product Outlook (USD Billion, 2012 - 2022)

• Wrist-wear
• Eye-wear
• Foot-wear
• Neck-wear
• Body-wear
• Others

Wearable Technology Application Outlook (USD Billion, 2012 - 2022)

• Fitness and sports
• Healthcare
• Infotainment
• Defense
• Enterprise and industrial

Wearable Technology Regional Outlook (USD Billion, 2012 - 2022)

• North America
• Europe
• Asia Pacific
• ROW

Browse Press Release of this Report: www.grandviewresearch.com/press-release/global-wearable-technology-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com