This statistic displays the market research tools most used by professionals in the market research industry in the United States in 2017 and 2018. During the 2018 the survey, ** percent of respondents stated they usef Microsoft Excel, compared to ** percent in the 2017 survey.

The global market research industry reached a record high market size of approximately ** billion U.S. dollars in 2023. Over the last decade, the global market research industry has performed contrary to broader economic trends as the industry has continued to grow. Figures for 2023 signaled an increase of about *** billion U.S. dollars compared to the previous year. Market research industryMarket research is the activity of gathering information about markets in which an organization sells their produces and/or services. This often includes detailed qualitative understandings of consumer attitudes and preferences through tools such interviews, surveys, and increasingly, big-data analytics. The leading market research company worldwide was U.S.-based Gartner in 2022. Slow growth in EuropeWhile growth in the United States has been significant, the revenue of the market research industry in Europe grew just slightly since 2014. Some analysts expect this poor performance to continue into the near future for *** reasons. First is the short- and mid-term uncertainty created by Brexit, impacting the reliability of any market research conducted prior to the issue being resolved. Second is the implementation of the EU General Data Protection Regulation (GDPR) laws in May 2018, which limit what companies are able to do with personal data. A majority of IT professionals in France, Germany and the UK agree the GDPR laws will prevent personal data being passed on to third parties, reducing the amount of data available to researchers in Europe compared to other regions.

The collaboration tools market size is pegged to reach US$ 39,407.4 million by 2023. It is estimated to reach US$ 116,338.4 million by 2033, meanwhile recording a CAGR of 11.4%.

Report Attribute	Details
Collaboration Tools Market Value (2023)	US$ 39,407.4 million
Collaboration Tools Market Anticipated Value (2033)	US$ 116,338.4 million
Collaboration Tools Market Growth Rate (2023 to 2033)	11.4% CAGR

2018 to 2022 Collaboration Tools Market Outlook in Comparison to 2023 to 2033 Growth Forecast

Historical CAGR (2018 to 2022)	9.3%
Forecast CAGR (2023 to 2033)	11.4%

Year	Value
2018	US$ 25,101.7 million
2022	US$ 35,890.2 million
2023	US$ 39,407.4 million

A Glimpse of Country-wise Insights

Country	The United States
Projected CAGR (2023 to 2033)	8.2%
Market Valuation (2023)	US$ 12.10 billion
Market Valuation (2033)	US$ 26.6 billion

Country	The United Kingdom
Projected CAGR (2023 to 2033)	11.5%
Market Valuation (2023)	US$ 2.39 million
Market Valuation (2033)	US$ 7.1 million

Country	China
Projected CAGR (2023 to 2033)	11.6%
Market Valuation (2023)	US$ 2.57 billion
Market Valuation (2033)	US$ 7.7 million

Country	Japan
Projected CAGR (2023 to 2033)	6.5%
Market Valuation (2023)	US$ 2.56 million
Market Valuation (2033)	US$ 4.8 million

Country	India
Projected CAGR (2023 to 2033)	13.2%
Market Valuation (2023)	US$ 3.62 billion
Market Valuation (2033)	US$ 12.5 billion

Countries/ Regions	Value Share (2022)
North America	27.6%
Europe	22.3%
The United States	16.5%
Germany	6.5%
Japan	4.3%
Australia	2.6%

Segmentation Analysis

Category	Enterprise Size
Top Segment	Large Enterprises
Market Share	55.4%

Category	Solution
Top Segment	Platforms
Market Share	56.7%

product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

ATTRIBUTES	DETAILS
STUDY PERIOD	2018-2031
BASE YEAR	2023
FORECAST PERIOD	2024-2031
HISTORICAL PERIOD	2018-2022
UNIT	VALUE (USD MILLION)
KEY COMPANIES PROFILED	Underground Infrastructure Technologies Corporation, Furukawa Rock Drill, Komatsu, Mitsubishi Materials Corporation, Robit, Boart Longyear, Brunner & Lay, Rockmore International, LHS Rock Tools, Herrenknecht, SaiDeepa, TEI Rock Drills, DATC Group, Epiroc, Mincon Group, Guizhou Sinodrills Equipment, Kingdream, JSI Rock Tools, Cangzhou Great Drill Bits, Changsha Heijingang Industrial, Xiamen Prodrill Equipment, Shougang Guiyang Special Steel, Wooke Rock Drill Equipment, Hunan New Diamond Construction Machinery
SEGMENTS COVERED	By Product Type - Rotary Drilling Tools, DTH Drilling Tools, Top Hammer Drilling Tools By Application - Mining, Construction, Quarrying, Others By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa

Machine Learning Market size was valued at USD 10.24 Billion in 2024 and is projected to reach USD 200.08 Billion by 2031, growing at a CAGR of 10.9% from 2024 to 2031.

Key Market Drivers:

Increasing Data Volume and Complexity: The explosion of digital data is fueling ML adoption across industries. Organizations are leveraging ML to extract insights from vast, complex datasets. According to the European Commission, the volume of data globally is projected to grow from 33 zettabytes in 2018 to 175 zettabytes by 2025. For instance, on September 15, 2023, Google Cloud announced new ML-powered data analytics tools to help enterprises handle increasing data complexity.

Advancements in AI and Deep Learning Algorithms: Continuous improvements in AI algorithms are expanding ML capabilities. Deep learning breakthroughs are enabling more sophisticated applications. The U.S. National Science Foundation reported a 63% increase in AI research publications from 2017 to 2021. For instance, on August 24, 2023, DeepMind unveiled Graphcast, a new ML weather forecasting model achieving unprecedented accuracy.

Snapshot img { margin: 10px !important; }

Global network traffic analytics Industry Overview

Technavio’s analysts have identified the increasing use of network traffic analytics solutions to be one of major factors driving market growth. With the rapidly changing IT infrastructure, security hackers can steal valuable information through various modes. With the increasing dependence on web applications and websites for day-to-day activities and financial transactions, the instances of theft have increased globally. Also, the emergence of social networking websites has aided the malicious attackers to extract valuable information from vulnerable users. The increasing consumer dependence on web applications and websites for day-to-day activities and financial transactions are further increasing the risks of theft. This encourages the organizations to adopt network traffic analytics solutions.

Want a bigger picture? Try a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Companies covered

The network traffic analytics market is fairly concentrated due to the presence of few established companies offering innovative and differentiated software and services. By offering a complete analysis of the competitiveness of the players in the network monitoring tools market offering varied software and services, this network traffic analytics industry analysis report will aid clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of a number of companies including:

• Allot
• Cisco Systems
• IBM
• Juniper Networks
• Microsoft
• Symantec

Network traffic analytics market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will contribute significantly to the growth of the network monitoring tools market throughout the predicted period.

Network traffic analytics market growth based on end-user

• Telecom
• BFSI
• Healthcare
• Media and entertainment

According to our market research experts, the telecom end-user industry will be the major end-user of the network monitoring tools market throughout the forecast period. Factors suc

Snapshot img

Predictive Analytics Market Size 2024-2028

The predictive analytics market size is forecast to increase by USD 38.65 billion at a CAGR of 28.97% between 2023 and 2028.

The market is experiencing significant growth due to the increasing generation of big data and the advent of advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT). The need for data-driven assumptions in predictive models is also driving market growth. 
Various sectors including remote health monitoring and e-commerce are leveraging predictive analytics to gain insights and make informed decisions. Data science platforms, analytics, virtualization software, and cloud analytics are key technologies propelling market expansion. Furthermore, emerging trends in decentralized finance are expected to create new opportunities for predictive analytics solutions. Overall, the market is poised for robust growth as businesses seek to harness the power of data to gain a competitive edge.

What will be the Size of the Predictive Analytics Market during the Forecast Period?

Request Free Sample

The market is experiencing significant growth, driven by the increasing adoption of advanced technologies such as machine learning, statistical modeling, and big data in various sectors. The market encompasses a wide range of applications, including remote health monitoring, smart payment technologies, and digital infrastructures. Technology deployments In the e-commerce sector and the proliferation of health-related wearable devices are also contributing to market expansion. Predictive analytics solutions are increasingly being integrated into IoT devices, cloud platforms, and transactional databases to enhance data integrity and improve business plans. The internet and linked gadgets are generating vast amounts of data, leading to a growing demand for predictive analytics to analyze consumer perception and make informed decisions.
Predictive analytics is also being used in various industries for predictive maintenance, fraud detection, and demand forecasting. Overall, the market is expected to continue growing as businesses seek to leverage advanced analytics to gain insights from their data and gain a competitive edge.

How is this Predictive Analytics Industry segmented and which is the largest segment?

The predictive analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  BFSI
  Retail and e-commerce
  Telecom and IT
  Transportation and logistics
  Others


Deployment

  Cloud-based
  On-premises


Component

  Solutions
  Services


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  APAC

    China
    Japan
    India


  South America

    Brazil


  Middle East and Africa

By End-user Insights

The bfsi segment is estimated to witness significant growth during the forecast period. Predictive analytics plays a pivotal role in various sectors, with the banking, financial services, and insurance (BFSI) industry leading the market in 2023. This technology enables businesses to analyze historical data and make informed predictions about consumer behavior and market trends. For instance, In the BFSI sector, predictive analytics helps institutions understand customer patterns, preferences, and risks, allowing them to make data-driven decisions and prioritize customer interests. Advanced technologies such as artificial intelligence (AI), deep-learning algorithms, and machine learning are integral to predictive analytics solutions. These technologies facilitate data interpretation, risk assessment, and overall business performance improvement. Predictive models based on statistical tools and in-database analytics solutions are used to analyze data from various sources, including transactional databases, device log files, images, videos, sensors, and more.

Predictive analytics is also utilized in sectors like e-commerce, healthcare, and technology deployments, including remote health monitoring, smart payment technologies, digital infrastructures, and IoT. Predictive analytics solutions are offered as software and services, with cloud-based options becoming increasingly popular. Data creation, business plans, and marketing campaigns are some of the areas where predictive analytics adds value. By leveraging predictive analytics, businesses can optimize operations, reduce risks, and identify new opportunities.

Get a glance at the market report of various segments Request Free Sample

The BFSI segment was valued at USD 1.73 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 41% to the growth of the global market during the forecast

The global market size of Surface Measurement Equipment and Tools is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Surface Measurement Equipment and Tools Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Surface Measurement Equipment and Tools industry. The key insights of the report:
1.The report provides key statistics on the market status of the Surface Measurement Equipment and Tools manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Surface Measurement Equipment and Tools industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Surface Measurement Equipment and Tools Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Surface Measurement Equipment and Tools as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Surface Measurement Equipment and Tools market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Snapshot img

Location Analytics Tools Market Size 2024-2028

The location analytics tools market size is forecast to increase by USD 17.79 billion at a CAGR of 16.93% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing awareness and adoption of location-enabled services, particularly those leveraging Artificial Intelligence (AI) and machine learning capabilities for advanced analysis. This trend is being fueled by the vast amounts of location-based data being generated daily from various sources, including mobile devices, IoT sensors, and GPS systems. However, market expansion is not without challenges. Stringent government regulations governing the collection, storage, and usage of location-based data pose significant hurdles for market participants. Ensuring compliance with these regulations is crucial for maintaining consumer trust and avoiding potential legal and reputational risks. Companies seeking to capitalize on market opportunities must navigate these challenges effectively, investing in data security measures and adhering to industry best practices. Additionally, staying abreast of regulatory changes and adapting to evolving consumer expectations will be essential for long-term success in the market.

What will be the Size of the Location Analytics Tools Market during the forecast period?

Request Free SampleThe market encompasses the use of geographic data in conjunction with operational and customer data to derive valuable insights for decision-making. This market experiences significant growth due to the increasing importance of customer behavior and improving operational efficiency in various industries. Businesses face challenges in managing and analyzing large volumes of data from sources such as mobile positioning, satellite-based GPS, Wi-Fi location analytics, and IoT devices. Cloud-based solutions and real-time location data processing enable organizations to make informed decisions quickly. Geocoding and reverse geocoding technologies facilitate the integration of location data with other business data. Furthermore, advancements in ML technologies, big data, and AI are enhancing the capabilities of location analytics tools, providing more accurate and actionable insights. Applications of location analytics span across diverse sectors, including medical equipment, retail centers, and logistics, among others. Overall, the market is poised for continued expansion as businesses increasingly recognize the value of location data in driving strategic initiatives.

How is this Location Analytics Tools Industry segmented?

The location analytics tools industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userTransportationRetailBFSIMedia and entertainmentTelecom and othersTypeOutdoor locationIndoor locationGeographyNorth AmericaUSEuropeGermanyUKAPACChinaJapanMiddle East and AfricaSouth America

By End-user Insights

The transportation segment is estimated to witness significant growth during the forecast period.Transportation companies are integrating location analytics tools to optimize their operations and address the challenges of managing increasing material transportation needs, reducing costs, and meeting customer service-level agreements. These tools enable real-time analysis of location-specific data, such as road conditions, weather updates, urban infrastructure, and route permissions, which are crucial for efficient route planning and resource allocation. The data is visualized as interactive maps to facilitate decision-making and improve operational efficiency. Digitalization and IoT systems play a significant role in gathering and transmitting real-time location data. Location analytics also supports predictive analytics, risk mitigation, asset management, and supply chain coordination. However, privacy concerns and data protection regulations necessitate careful handling of sensitive geospatial data. Cloud computing and Software-as-a-Service (SaaS) models facilitate scalable solutions for transportation companies. Location analytics tools offer various deployment options, including cloud and on-premises, and provide features such as indoor and outdoor tracking, user behavior analysis, and thematic mapping. They also integrate with business intelligence tools and offer reporting, visualization, and spatial analysis capabilities.

Get a glance at the market report of share of various segments Request Free Sample

The Transportation segment was valued at USD 2.07 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 40% to the growth of the global market during the forecast period.Technavio’s analysts have elabo

The carbide tools study details actual figures for 2018 and CAGR projections for 2019 through 2025 for the global and regional markets. This report also considered the impact of COVID-19 on end use industries of carbide tools that are covered in this research study.

Snapshot img

Customer Engagement Solutions Market Size 2024-2028

The customer engagement solutions market size is forecast to increase by USD 16.31 billion, at a CAGR of 13.1% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing adoption of e-commerce business models and the growing demand for social interaction. E-commerce's rise has created a need for more effective ways to engage customers, leading to increased investment in customer engagement solutions. Additionally, consumers' preference for personalized and interactive experiences is fueling this trend. However, the market faces challenges, most notably data security concerns. As businesses collect and store more customer data, ensuring its protection becomes paramount. This requires robust security measures and adherence to data privacy regulations. Navigating these challenges while capitalizing on market opportunities will require strategic planning and innovative solutions. Companies seeking to succeed in this landscape must focus on delivering personalized, secure, and engaging customer experiences. By addressing these trends and challenges, businesses can differentiate themselves and build strong customer relationships.

What will be the Size of the Customer Engagement Solutions Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free SampleThe market continues to evolve, driven by the increasing importance of data-driven insights and personalized interactions. Companies across various sectors are leveraging tools such as marketing automation, feedback management, and data analytics to enhance customer experiences and drive business growth. Churn rate reduction is a key focus, with personalized marketing and customer advocacy strategies aiming to retain valuable customers. Brand awareness is another priority, with content marketing and social media marketing playing essential roles. Customer success teams utilize lead scoring, loyalty programs, and customer journey mapping to identify and engage high-value prospects and customers. Reputation management and survey tools help businesses gather and analyze customer feedback, leading to improved customer satisfaction (CSAT) and overall experience (CX). Predictive analytics and machine learning (ML) enable more effective lead generation and customer support. API integrations, call centers, and omnichannel marketing ensure seamless interactions across multiple channels. Data privacy and security are paramount, with cloud computing platforms providing robust solutions. Customer segmentation and self-service portals empower customers to engage on their terms. Account-based marketing (ABM) and user experience (UX) strategies further personalize interactions, while Adobe Experience Cloud and email marketing platforms facilitate targeted, data-driven campaigns. Lead nurturing and live chat features help businesses engage prospects and convert them into customers. Help desks and customer service teams leverage data analytics to resolve issues efficiently and effectively. Ultimately, the customer engagement solutions landscape is characterized by continuous innovation and adaptation to meet the evolving needs of businesses and consumers alike.

How is this Customer Engagement Solutions Industry segmented?

The customer engagement solutions industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ComponentSolutionsServicesDeploymentCloudOn-premisesSizeSMEsLarge enterprisesSMEsLarge enterprisesGeographyNorth AmericaUSEuropeFranceUKAPACChinaJapanRest of World (ROW)

By Component Insights

The solutions segment is estimated to witness significant growth during the forecast period.In today's business landscape, delivering personalized and seamless experiences is crucial for customer engagement. Customer engagement solutions are transforming the way companies interact with their clients, enabling real-time communication across multiple channels. These solutions encompass a range of tools and software, from live chat and email marketing to machine learning and predictive analytics. Data security is a top priority, ensuring that customer information remains protected. Big data plays a significant role in these solutions, providing valuable insights for retention strategies, lead scoring, and customer segmentation. Knowledge bases and self-service portals empower customers to find answers on their own, reducing the workload on customer service teams. Artificial intelligence and machine learning enhance customer experiences by offering personalized recommendations and automating repetitive tasks. Omnichannel marketing, incl

product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

ATTRIBUTES	DETAILS
STUDY PERIOD	2018-2031
BASE YEAR	2023
FORECAST PERIOD	2024-2031
HISTORICAL PERIOD	2018-2022
UNIT	VALUE (USD MILLION)
KEY COMPANIES PROFILED	Dyson, Philips, Remington, Panasonic, Helen of Troy, GHD, Andis Company, WAHL Clipper, Coty, Revlon, VEGA, Braun, Hamilton Beach Brands, Others
SEGMENTS COVERED	By Product Type - Manual Tools, Electric Tools By Application - Household, Commercial By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa

The GDPR Assessment Tools market has emerged as a crucial component of the data privacy landscape since the General Data Protection Regulation (GDPR) came into effect in May 2018. These specialized tools are designed to assist businesses in assessing and ensuring their compliance with GDPR requirements, thereby faci

The global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. With a share of 45 percent, the software segment would become the large big data market segment by 2027.

What is Big data?

Big data is a term that refers to the kind of data sets that are too large or too complex for traditional data processing applications. It is defined as having one or some of the following characteristics: high volume, high velocity or high variety. Fast-growing mobile data traffic, cloud computing traffic, as well as the rapid development of technologies such as artificial intelligence (AI) and the Internet of Things (IoT) all contribute to the increasing volume and complexity of data sets.

Big data analytics

Advanced analytics tools, such as predictive analytics and data mining, help to extract value from the data and generate new business insights. The global big data and business analytics market was valued at 169 billion U.S. dollars in 2018 and is expected to grow to 274 billion U.S. dollars in 2022. As of November 2018, 45 percent of professionals in the market research industry reportedly used big data analytics as a research method.

Table of Contents

• IT Infrastructure Management Tools Market Scope:

The report on IT Infrastructure Management Tools Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global it infrastructure management tools Market is segmented on the basis of type, application, and geography.

The worldwide market for IT Infrastructure Management Tools Market is expected to grow at a CAGR of roughly x.x% over the next ten years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Read More

Snapshot img

Laboratory Informatics Market Size 2024-2028

The laboratory informatics market size is forecast to increase by USD 2.04 billion, at a CAGR of 9.1% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing need for laboratory automation. This automation trend is transforming laboratory operations by streamlining workflows, enhancing efficiency, and reducing human error. Another key driver is the growing popularity of cloud-based laboratory informatics solutions, which offer flexibility, scalability, and cost savings. However, the market also faces challenges, including increasing data security and privacy concerns. With the vast amounts of sensitive data being generated and stored in laboratories, ensuring robust data protection measures is essential. As companies navigate these opportunities and challenges, they must stay abreast of the latest trends and best practices to capitalize on market growth and maintain a competitive edge. By investing in advanced technologies and adhering to stringent data security standards, laboratories can effectively address these challenges and leverage the benefits of automation and cloud-based solutions.

What will be the Size of the Laboratory Informatics Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free SampleThe market continues to evolve, driven by the increasing demand for automated workflows and integrated solutions. Laboratory information management systems (LIMS) are at the core of this dynamic market, seamlessly integrating functions such as spectral data analysis, laboratory asset management, results reporting systems, research data management, instrument control systems, and experiment tracking systems. Automation workflows and ELN integration enable scientific data management, facilitating high-throughput screening data analysis, data visualization tools, and real-time data acquisition. Regulatory compliance software ensures data integrity assurance and data security protocols, while audit trail management and sample tracking systems optimize laboratory operational efficiency. The market's continuous unfolding is reflected in the development of SDMS solutions, chemical inventory management systems, and chromatography data processing tools. The integration of these technologies enhances laboratory productivity metrics and supports the evolving needs of various sectors, including clinical lab informatics, spectroscopy data analysis, and mass spectrometry data processing.

How is this Laboratory Informatics Industry segmented?

The laboratory informatics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ComponentSoftwareServiceGeographyNorth AmericaUSCanadaEuropeGermanyUKAPACChinaRest of World (ROW)

By Component Insights

The software segment is estimated to witness significant growth during the forecast period.Laboratory informatics software plays a crucial role in managing the complex demands of modern laboratories, offering flexibility and advanced technical functionality. The increasing importance of data analysis systems for instrument control and spectral data analysis has driven the market's growth. Developed countries, including the US, UK, and Japan, are leading the adoption of automated laboratory systems, further fueling the demand for informatics software. In the field of diagnostics, advancements in techniques such as isothermal nucleic acid amplification and biomarker discovery have necessitated the development of innovative systems for sample analysis. The expanding range of diagnostic techniques will continue to spur the creation of new automated systems for generating accurate and timely results. Laboratory asset management, results reporting, research data management, and regulatory compliance are integral components of this software, ensuring laboratory operational efficiency, data integrity assurance, and data security protocols. Additionally, workflow automation tools, electronic lab notebooks, sample management software, and chromatography data processing systems facilitate scientific data management and high-throughput screening data analysis. Chemical inventory management, real-time data acquisition, audit trail management, and sample tracking systems further enhance the capabilities of laboratory informatics software.

Request Free Sample

The Software segment was valued at USD 1.88 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 30% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trend

product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

ATTRIBUTES	DETAILS
STUDY PERIOD	2018-2031
BASE YEAR	2023
FORECAST PERIOD	2024-2031
HISTORICAL PERIOD	2018-2022
UNIT	VALUE (USD MILLION)
KEY COMPANIES PROFILED	Apex Tool Group, Stanly Black &Decker, Snap on, Irwin, Westward, Klein tools, Cementex Products, SK HAND TOOL, Martin Sprocket & Gear, Yato, TRUSCO, Picard, Jetech, Estwing, Wilton, Peddinghaus, Thor
SEGMENTS COVERED	By Product Type - Tool Kit, Single Tool By Application - Underground Mining, Opencast Mining By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa

The statistic displays the results of a survey of tools and methods used to prove the success of marketing campaigns in Belgium in 2018, by type. The survey results show that as of 2018, the majority of communications experts surveyed preferred to use social media tracking tools to show the success of their campaigns. Approximately ** percent of people surveyed indicated that they relied on social media to prove their last campaign's success, whereas just ** percent of respondents relied on tracking cookies.

Table of Contents

• Ground Engaging Tools Market Scope:

The report on Ground Engaging Tools Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global ground engaging tools market is segmented on the type, application, and geography.

The worldwide market for Ground Engaging Tools Market is expected to grow at a CAGR of roughly x.x% over the next nine years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Read More

The global workplace management tools market size is anticipated to exceed US$ 11,583.6 million in 2023 and is projected to reach US$ 65,046.7 million by 2033, indexing a CAGR of 18.8% by the end of the forecast period. Companies use workplace management applications to create employees' best-fit schedules, track time and attendance, manage tasks, HR management, and manage their employees' absences and leaves.

Attributes	Details
Market Share (2022)	US$ 9,883.6 million
Market Share (2023)	US$ 11,583.6 million
Market Share (2033)	US$ 65,046.7 million
Market Share (2023 to 2033)	18.8%

Scope of the Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	US$ million for Value
Key Regions Covered	North America Latin America Europe Asia Pacific The Middle East & Africa (MEA)
Key Countries Covered	United States Canada Germany United Kingdom Nordic Russia BENELUX Poland France Spain Italy Czech Republic Hungary Rest of EMEAI Brazil Peru Argentina Mexico South Africa Northern Africa GCC Countries China Japan South Korea India ASEAN Thailand Malaysia Indonesia Australia New Zealand Others
Key Segments Covered	Deployment Component Organization Size Industry Vertical Region
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives