Tue, 29 September 2020 1:18
The global intelligent apps market is set to progress at a promising pace with increasing preference of manufacturers active in the end-use verticals to manufacture their products in simpler methods to increase the manufacturing pace. 3D printing aids avert the requirement of subtractive manufacturing and provide more straightforward means of manufacturing products. The intelligent Apps market is expected to glide in the global market on the back of cost reduction and increased efficiency benefits of the Intelligent Apps technique.
- The global Intelligent apps market is expected to grow at a compound annual growth rate (CAGR) of 31.7% during the forecast period.
- The contextual and relevant result generation and action-oriented results from data analysis by intelligent apps to increase market traction globally.
- Due to the COVID-19 outbreak and restriction regulations, home isolation, and frequent lockdowns by different governments worldwide have provided a specific development due to the need for virtual assistance and stronghold of the market in the healthcare sector.
- North America retains its dominance in the market due to the strong growth in the regional market's healthcare segment, the exhaustive use in maintenance, and task regulation to propel the market growth for intelligent apps.
- The market of Asia-Pacific is anticipated to progress with a good pace with enterprises cluster development, a high number of consumers in healthcare sectors coupled by strong consumer dependence on smartphone-operated intelligent apps.
- The healthcare segment in intelligent apps is set to register record share across the globe throughout the forecast due to the considerable benefits provided in the maintenance of health monitoring equipment and staff regulation and medicine retention.
- The growth in the market form B2B and B2C perspectives is anticipated to rank up the growth projections of the intelligent apps market. Further, the strong penetration observed in B2B sales is estimated to cement the market growth in multiple regions.
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According to Straits Analysis, key players in the global intelligent apps market are Google LLC (the U.S.), IBM (the U.S.), Facebook (the U.S.), Amazon (the U.S.), Baidu (China), Oracle Corporation (the U.S.), Hewlett Packard Enterprise Company (the U.S.), among others.
Intelligent Apps Market: Segmentation
By Product Type
- Consumer Apps
- Enterprise Apps
- IT and Telecommunication
- Restaurants and Hotels
- The U.K.
- Rest of Europe
The Middle East and Africa (MEA)
- Saudi Arabia
- South Africa
- Rest of MEA
- South Korea
- Rest of Asia-Pacific
- Rest of South America
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast Periods
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