Thursday, 13 July 2017

How Do Facebook, Microsoft, and Google Affect the Growth of Chatbots Market?

Global Chatbot Market - Strategic Assessment and Forecast 2017-2022

Chatbots, which is also known as conversational agents or dialog systems, are computer programs that mimic conversation with people using artificial intelligence (AI). A recent report on the global chatbots market states that chatbots are replacing all individual applications, and many companies such as Microsoft, Facebook, Apple, Google, WeChat, and Slack are heavily investing on chatbots.

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Global Chatbot Market – Strategic Assessment and Forecast 2017–2022

The software industry is witnessing an explosive growth in the popularity of chatbots, mainly due to recent changes in the digital landscape and actions taken by global software giants such as Facebook,Microsoft, and Google. The global chatbots market, which is likely to witness exponential growth during the forecast period, has attracted the attention of several vendors, which is expected to drive the growth of the market. The market research report states, “active support from major companies such as Facebook, Microsoft, and Google is reducing the development cost of chatbots and is among the emerging trend, which is catalyzing the market growth.”
Analysts at Beige Market Intelligence say that in 2016 Microsoft and Facebook made important announcements, which displayed the use of chatbots for long-term strategic initiatives. Microsoft has announced its own Bot Framework, and Facebook announced its support for bots in its Messenger. Therefore, it has become easy to develop and release bots in Facebook Messenger, Telegram, Slack, Skype, and many other popular messengers.
Microsoft has announced that it is bringing chatbot capabilities to Skype and launched bot builder for Node.js. It is a framework for building own bots, which can handle both freedom interactions and guided ones. The company also provides a platform, where developers can build, test, and publish their own bots using frameworks such as Restify and Express.  Facebook launched a tool known as ‘Bots for Messenger,' which allows businesses and developers to build chatbots for their messenger platforms. It reviews the developer bots submitted and decides on which one to get into the messenger. The three main capabilities required are generic message templates, send/receive API, and the ability to customize the welcome screen for interaction. 
It has also resulted in dramatic reduction in the development cost of chatbots. Chatbots, as a type of software, have various advantages over mobile applications. They are basically server-side applications with a basic user interface and are simpler and faster to develop, release, and maintain than mobile applications. Recently, major companies, including Facebook, Microsoft, IBM, and Google have released free advanced development tools and frameworks and also a vast amount of research data. As a result of these developments, it has become easy to develop a relatively low-cost sophisticated chatbot using advanced natural language processing, AI, speech recognition, and other cutting-edge technologies.
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Thursday, 29 June 2017

E-Learning Industry is Emerging as a New Paradigm in Education Sector

Global E-learning Market - Strategic Assessment and Forecast 2017-2022
The global education industry is the second largest industry after healthcare. The education sector is one of the fastest developing industries in the world. With the incorporation of new learning techniques, the education industry is witnessing a paradigm shift in approach. E-learning is one such segment of the education industry, which is evolving as a new milestone. With the ease of internet access and increased tech savvy people, the e-learning industry is grooming to be a lucrative market.
A recent report by Beige Market Intelligence on Global E-learning Market – Strategic Assessment and Forecast 2017-2022 states that the e-learning industry has posted several strides in what was a $41.11 billion market by 2016, the scope of the internet in education has expanded from content delivery to interactive learning platforms, language learning, functional skill development, proficiency testing, and higher education pedagogy, video streaming of classes to corporate training, talent management, and e-governance.

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Global E-learning Market – Strategic Assessment and Forecast 2017-2022

Three major learning modes and avenues that constitute the e-learning industry are Learning Management System (LMS), packaged content, and highly gamified applications or serious games.  In 2016, packaged content constituted a major market, followed by LMS. The emergence of software applications such as LMSs provides the user with a complete package of language learning methods by documenting, administrating, tracking, reporting, and delivering the content. Academic institutions widely use these systems for delivering their distance education programs as well as for supporting their students outside the classroom. The corporate sector also established these systems as the mainstream platform for delivering training services to employees. The traditional examples of LMS used by the academic as well as the business world are Blackboard, Moodle, and CLIX.
However, the onset of Web 2.0 has altered the learning landscape from being driven on LMS and packaged content to more interactive and engaging avenues. With the improvement in the internet infrastructure, learners have started to have access to a variety of learning tools and services on the internet that are open and free. Repositories such as Wikipedia, YouTube, and Slide Share have sparked the rise of open sourcing and sharing of content. The same has further evolved into serious and curated platforms such as Yelp, StackOverflow, and Quora.

Packaged Content in E-Learning Industry

Packaged content in the e-learning industry refers to the study material for courses on the digital learning platform that is prepared in accordance to regulations and standards. Content packaging specifications and standards allow courses to be transported among different systems. Packaged learning content can potentially be created by one tool, modified by another tool, stored in a repository maintained by one vendor, and used in a delivery environment produced by different vendors.
Packaging content includes raw content, assembly, and delivery and presentation information. Assessments and their component questions are special type of learning content, which is currently supported by different set of specifications. As of learning content is considered, questions, tests, and test banks can be transported among systems. The IMS Question and Test Interoperability (QTI), specification is an attempt of standardization in the assessment packaging and delivery.

Learning Management System (LMS) in e-Learning Industry

Software-as-a-service (SaaS) is a web-based software, which is directly hosted over the internet in corporates for training purposes. It is now playing a major role in which organizations, employers, and employers connect through the cloud platform. Some of the key benefits include easy maintenance of the system, technical scalability, and swift software deployment. Also, SaaS associated LMS, an integral part of the cloud-based services, is an asset in the global e-learning industry as it plays a major role in its growth concerning to increasing adoption of the software by all small, medium and large-scale corporations. All corporate companies are now opting for SaaS-based LMS as a plan for their employee career developments through their trainings.
The report on the e-Learning market includes a detailed discussion on market growth drivers, trends, and restraints. The e-Learning industry report profiles the leading five vendors and the ten other prominent vendors in the market. It provides an overview of the factors driving and restraining the growth of the e-learning industry. The report also outlines the key trends emerging in the market that will contribute to the growth of the global e-learning market during the forecast period. It also outlines the key trends emerging in the market that will contribute to the growth of the e-Learning market during the forecast period. The report includes the e-learning industry analysis of different regions such as North America, Latin America, APAC, Europe, and MEA. The report outlines the major market shareholder and the market size analysis of all regions.

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Global E-learning Market – Strategic Assessment and Forecast 2017-2022


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Friday, 23 June 2017

Europe and North America to Dominate Global Baby Diapers Market


Global Baby Diapers Market - Strategic Assessment and Forecast 2017-2022

Baby diapers are underwear that are used by babies who are not unable to use/sit on potty seats. They are usually used for the babies in the age group of 0–4 years. They are made up of cloth, synthetic, organic materials, and absorbent chemicals. There are five basic types of baby diapers: disposable, cloth, training, swim, and bio-degradable.
The diapers market has the highest penetration rate with more than 95% in some developed countries such as North America and Europe. According to a recent report published by Beige Market Intelligence on the global baby diapers market, Europe and North America together account for approximately 57% and 51% of the global market in terms of revenue and unit sales.
Why are developed markets of North America and Europe dominating the market? What are the driving factors? What is the scenario in other regions?
The report, Global Baby Diapers Market – Strategic Assessment and Forecast 2017–2022, provides a detailed study of the market and includes comprehensive answers to the above-mentioned questions.

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Baby Diapers Market Growth in North America

The baby diapers market in North America has been experiencing stagnation over the past few years due to decrease in birth rates and maturity in the market. The vendors in the market generate revenue from growing young immigrant population. However, there are non-profit organizations such as the National Diaper Bank in the US, which aids in filling the gap of insufficient supply to the low-income group. The US is the largest market in North America and is expected to grow faster than the overall diapers market in North America. Also, the penetration and usage rate in the US is much higher than APAC and Latin America.
Major Drivers
Increasing health awareness, declining infant mortality rate, and growing women participation in workforce are driving the demand in the US as well as in North America.
Major Vendors in the region
The diapers market in North America is dominated by Kimberly-Clark and P&G. These two companies together captured almost three-fourths of the market share.
Key Countries
  • US
  • Canada

Baby Diapers Market in Europe 

The diapers market in Europe is competitive and almost saturated. Declining birth rate, decreasing fertility rates and lack of product innovation will make the market competitive. The European market will be dominated by single-use disposable diapers, and this segment will constitute more than 70% of the total expenditure.
Major Drivers
Increasing literacy rate among women and booming online baby specialty store are the major factors driving the market in the region.
Major Vendors in the Region
Kimberly-Clark has a manufacturing unit in Russia. SCA, another major player, sells its product under the brand name, Libero, and has a manufacturing plant in Russia.
Key Countries
  • UK
  • Russia
The report also includes the market analysis of different regions such as APAC, Europe, Latin America, MEA, and North America. The report also profiles all major companies in the global baby diapers market and provides the competitive landscape and market shares of key players. It covers the entire market outlook regarding the value chain operating within the market.
Following are key vendors in the global monitors market:
Other Prominent vendors mentioned in the report are Cotton Babies, Medtronic, Drylock Technologies, First Quality, The Natural Baby Company, Medline Industries, Ontex International, Wipro Consumer Care (WCCLG), Lodestone Brands, Hain Celestial Group, Kao, INDEVCO, Hayat Kimya, First Quality Enterprises, DSG International, Abdullah Shamsan Group,
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    Sunday, 11 June 2017

    Why are board games still popular in the age of digital games?

    Board Games Market - Strategic Assessment and Forecast 2017-2022

    The gaming industry is on the verge of transformation. Initially, the gaming industry was dominated by video games and PC consoles, however, board games are gaining popularity as a mainstream entertainment source among families, kids, and millennials. An increased interest from different age groups has resulted in the development of new board game in the last one decade.
    In the recent years, the retail sale of board game has increased tremendously, and the demand has mainly been from the teen and adult population. This age group prefers to go out and play board games rather than sitting in their living rooms and playing digital games, which lack the sense of interaction. A recent report on “Global Board Games Market – Strategic Assessment and Forecast 2017-2022” published by Beige Market Intelligence states that the global market is going to witness huge growth during the period 2016–2022.
    The market is likely to grow at a CAGR of 9% during the period 2016–2022. What factors are responsible for the growth of the market? The answers are given below.

    Increasing Millennials Population 

    Board games are gaining popularity among millennial generation as they are one of the best ways to enjoy with families and friends. These games are not only popular among nerds and grade-schoolers but they are mostly played and purchased by average folks. While capitalizing on the market sentiment, game designers and publishers are also rolling out classic board games of the 1990s generation with modern enhancements. These are available in different themes, ranging from pirates to pandemics. Some of the common themes are strategy and wars, fantasy, and education.

    Growing Crowdfunding Platforms for Board Game Publishers

    Board games are witnessing a high-value proposition for investors and general population than other advanced video games. In the era of the digital world, where the video game market is growing, board game market is also gaining traction. In 2015, board games raised over $200 million through crowdfunding platforms compared to $102 million raised for video games. A major factor that is encouraging the general population to invest in these games is that they are easy to understand and people can connect with the concept rapidly and can set realistic targets.

    Shifting Themes of Board Games

    Board games have evolved over the period of time. Nowadays, the focus of publishers is to engage players strategically while providing adventure. Strategy-based games with sci-fi, adventure, and wargame themes are gaining popularity across the globe. Wargame theme-based strategic games have been historical influential. Historical wars add to children’s curriculum and encourage them to play such games. For example, Avalon Hill is a wargame, which is now produced by Multi-Man Publishing.
    In addition, the popularity of TV series games such as Game of Thrones, where seven kingdoms are fighting for the reign, is also encouraging gamers to play these theme-based games. After the huge popularity of the show, the second version of Game of Thrones was launched in 2011.
    Similarly, scrabble, one of the most popular word building game and education-based board game, updated its dictionary to add 5,000 new words. These words might not be present in the conventional dictionary, but are frequently used in the existing internet age.
    The shift from the tactical to strategical design types has attracted adults. This age group prefers to finish the game in a certain duration of time rather than finishing it in long hours. These young adults prefer to play board games as they need to interact with fellow players in a meaningful way.
    The market report also includes the leading trends, major regions, top countries and major vendors in the market. It profiles major companies in the global board game market and provides the competitive landscape of the leading players.  It covers the entire market outlook regarding the value chain operating in the market.
    Increasing number of vendors in the market
    Major vendors profiled in the report are as following:
    • Asmodée Editions
    • Hasbro
    • Mattel
    • Ravensburger
    Other vendors include Asmadi , Bezier , BoardGameDesign.com, Clementoni, , Disney, Gibsons, Goliath BV,  Grey Fox , Fremont Die Consumer Products, Indie Boards and Cards, INI LLC, International Playthings, Kamings Trade, Learning Resources, Legendary Games, Loony Labs, Ludo Fact, Mayfair Games, Melissa & Doug, Mindware.com, North Star Games, Orchard Toys, Panda GM, Paul Lamond Games, Playroom Entertainment, Pegasus Spiele, Piatnik, Pressman Toy, RoosterFin, Reaper Miniatures, Rio Grande Games, Schmidt Spiele, Spin Master, Spontuneous Games, Surprised Stare Games, SunsOut, Talicor, The Haywire, The Regency Chess Company, ThinkFun, TREND Enterprises, Ultra PRO International, University Games, USAopoly, Winning Moves Games, Wonder Forge, and Zobmondo.
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    Source Link: http://www.beigemarketintelligence.com/board-game-popular-in-digital-games-age/
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    Monday, 29 May 2017

    Will the Retail Industry emerge as the Largest User-segment in Global POS Market in the Next Five Years?


    Global POS Terminal Market - Strategic Assessment and Forecast 2017-2022

    A point of sale terminal automates the shopping experience and helps to expedite the checkout process, resulting in increased customer satisfaction. Timely inventory information, update about the stock, availability of products, and pricing information are the major data which are acquired from POS terminal.
    POS terminal end-users range from retail, healthcare, hospitality, restaurant, entertainment, and warehouse and distribution. According to Beige Market Intelligence report, “Global POS Terminal Market – Strategic Assessment and Forecast 2017–2022,” the retail and restaurant sector had the highest market share in terms of volume in 2016. Further, in the retail sector, end-users range from supermarkets, specialty stores, hypermarkets, gas stations, drug stores, and mass merchandise.

     Introduction of Cloud-based POS Terminal in Retail Industry is a Major Trend in Global POS Market

    A cloud-based POS terminal can be directly assessed from the web through the internet and is compatible with the hardware of the point of sale terminals such as printers and cash register drawers. The vendor can access the customer’s data at any geographical location through a Wi-Fi connection. The low start-up cost of cloud-based point of sale terminal is due to the centralization of information, independence from operating systems, and virtual accessibility of data.
    The retail industry is one of the largest users of cloud-based point of sale systems. Retailers having a chain of outlets across varied regions can access the integrated database of the customer’s profile. The cloud-based system helps in merging data across tablets and smartphone interfaces, offine and online shopping, and e-payments.
    Analysts at Beige Market Intelligence estimate that approximately 29.3% of the total point of sale volumes was located at retail outlets in 2016. Retailers have incorporated POS systems with mobile wallets, which help to attract new customers in addition to retaining the current digital payment users.

    mPOS Terminals in Retail Industry

    Retailers are the largest adopters of mPOS systems. Payments are accepted through PCI compliant terminals and EMV certified mobile card readers. Real-time dashboards are accessed to manage transactions, devices, and user profiles. These systems are integrated with backend peripheral devices. They help to accelerate checkout process and eliminate waiting in the queue during the checkout. Personalized services are provided by accessing customer information. Also, the marketing of products is an added advantage. This is by capturing customers’ email and providing regular emails about updated products, thereby providing an additional marketing channel.
    The point-of-sale payment terminals market is particularly developed and growing, with the presence of vendors such as Ingenico, Verifone, and PAX Global offering products to a diverse range of merchants. The demand for point of sale terminals from such merchants has also grown in countries such as the US, China, and India due to the booming retail markets as well as a shift in unorganized markets to adopt POS systems in developing countries.
    Source Link: http://www.beigemarketintelligence.com/will-retail-industry-emerge-largest-user-segment-global-pos-market-next-five-years/
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    Monday, 22 May 2017

    Baby Monitors – The Next Revolution in Baby Care Market

    Baby care products include a wide range of skin care, hair care, toiletry, baby diapers, safety, and recreational products. The advancement of technology and the implementation of Internet of Things (IoT) have paved the way for the invention of latest devices across all domains.  The baby care product segment has also achieved lot of advancement. Baby monitors are one of the devices, which are expected to be a lucrative segment in the baby care market. Baby monitors constitute an integral part of baby care products and come under the safety and convenience products segment of the baby care market.
    A baby monitor is a device that transmits sound, videos, and other activities of a baby to a receiver at the parents' end. Basic versions of baby monitors deploy a radio transmitter that relays sound to the receiver, which contains an inbuilt speaker that enables sound transmission. These monitors worked within a given range of transmission. Nowadays, baby monitors are equipped with advanced features that allow parents to remain updated and connected to their babies from any part of the world. Such monitors integrate video, Bluetooth, Wi-Fi, and smartphone application technologies to provide parents with continuous baby activity input.
    Check out more information in the Global Baby Monitors Market – Strategic Assessment and Forecast 2017–2022. The global baby monitors market has been classified into the baby safety and convenience products markets.  
    Baby care has been driven by the need for data and information exchange between parents and hi-tech gadgets. These gadgets are meant to keep parents informed about their baby’s health and other activities. The baby monitors market is also influenced by the ongoing trends of the digital consumerism, which is reshaping the need and requirement for smart parenting.
    A recent market research report published by Beige Market Intelligence on the Global Baby Monitors Market – Strategic Assessment and Forecast 2017–2022, states that the market is witnessing a rapid development not only in the baby monitoring technology but also in need for smart devices to keep a check on the baby’s vitals.
    Vendors have identified end-users’ concerns and are introducing smart connected devices. Further, many vendors have introduced smart monitors in the market to cater the need for modern day parents.
    The technological landscape for baby monitors has advanced rapidly, and this has resulted in the development of advanced and highly sophisticated devices. For instance, there are baby sound monitors available in analog and digital models with clear sound and image quality, infrared night vision, tilt, zoom, a high sensitivity microphone, and pre-recorded lullabies.
    The baby care market is going through a technological evolution and baby monitors have added a new segment to it. With the innovation in technology the devices have come up with various formats to make the baby care market more advanced.
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