Analysing The Rapid Growth of The Global Blockchain Technology Market

The advantages of Blockchain is most visible in banking applications, as the technology facilitates transaction settlements and reduces transaction costs. The Blockchain creates a secure online platform where one can retain their digital identity and safely manage assets and payments. It is of great value to the insurance industry and its customers, especially when it comes to preventing insurance fraud. According to the global Blockchain technology market data, the logistics and healthcare sectors will witness the highest adoption of the Blockchain technology in the foreseeable future.

According to a study on global Blockchain technology market, the Blockchain technology is witnessing considerable adoption in the banking and financial services industry. In fact, the banking and financial services segment hold 54% share of the global Blockchain market. Blockchain employs transparent technology that prevents it from being mutable or alterable, which in turn makes the applications holding customer data safe from any kind of infiltration. By 2022, this brilliant and exceptional technology is expected to dominate the technology domain.

Focusing on the current scenario of the global Blockchain technology market, banks are rooted towards the private Blockchain since it offers reliable and efficient data security. However, the public Blockchain has gained more popularity for providing higher decentralization and transparency in operations at a more cost-effective price. The private Blockchain segment currently occupies a market share of 15%, although it is expected to increase during the forecast period whereas the public Blockchain held a market share of 74% in 2017. 

At present, North America is the highest user of Blockchain technology, as it is exposed to the highest number of financial transactions, and therefore to financial fraudulency or cybercrimes. The Estonian country in northern Europe and the Asia-Pacific are both emerging as potential customers in the global Blockchain technology market.

Global Data Resiliency Market: Differences Between Data Resiliency and Data Protection

Organizations undergo major losses every time their technology fails. Not only is valuable data compromised, but also the company reputation. In order to protect oneself from the insecurities posed by technology, businesses opt for data resiliency and data protection solutions. Data resiliency is a part of a facilities disaster planning and disaster management considerations and is associated with data protection.

According to research conducted by Research on Global Markets, the global data resiliency market is forecasted to grow from USD 11.69 Bn in 2018 to USD 27.63 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 18.8%.

While both data resiliency and data protection relate to digitally preserve organizational assets in case of a data center corruption or natural disaster, their means of doing so differ.

Data Resiliency: Data resiliency means the data’s ability to spring back when it is compromised. In the cloud the data is stored in several locations, hence it is resilient. While no location is better the other, data resilience is improved by the sheer large number of places data is stored. In case the data in one location is down the user is directed to the next location. However, if all the locations go down the user no longer has access to the data.

Data Protection: Data protection goes beyond just simply storing the data in different locations to save the data. It ensures that the data is not corrupted, is available and is in compliance with all the requirements. Methods of ensuring data protection include backup, replication, and restoration. Protected data, unlike resilient data, can be restored and rebuilt even if the original data is lost forever. It is important for organizations to make no compromises whatsoever when it comes to customer information security.

Geographically, North America held a global data resiliency market share of 36.5% in 2018 due to a large number of players in the region. The data resiliency market in the Asia Pacific is expected to expand at a CAGR of 20.5% until 2023 due to the increased use of data resiliency solutions across all industry verticals.

Major Challenges That The Global Edge Computing Market Can Tackle

By processing and analyzing the data as close to the originating source as possible, edge computing is ready to become the norm. The need for edge computing has increased with the proliferation of devices and want to consume more data without lag.

According to the global edge computing market scope prepared by Research on Global Markets, the global edge computing market is expected to expand at a compound annual growth rate (CAGR) of 32.6% and reach approximately USD 9 Bn by 2023.

Some of the major IoT related issues that edge computing can solve are as follows:
1. Latency: Latency is the time it takes to process and analyze captured data. Edge computing can eliminate the problem of latency as it works on the principle of a more distributed network which makes sure there is no disconnect in real-time information processing.

2. Bandwidth Issues: Most IoT devices generate data that need to be stored to the cloud for the data to be processed.  Massive amounts of power and bandwidth are required to transfer IoT data to the cloud. Edge computing allows a reduction in internet bandwidth usage because large amounts of data can be processed near the source.

3. Real-Time Data: Real-time data can be sent through edge computing without any disturbances. Issues and errors can be rectified using efficient monitoring systems.

4. Cost:  Edge computing reduces operating costs and capital outlay. With edge computing, data can be captured and analyzed before it is sent to the cloud, which is less expensive than sending unfiltered data over WAN links.

5. Governance: every company wants to build an IT culture which is at par with the industry standards, Edge computing provides end to end services and meets all the required governance regulatory standards.

Edge computing can help IoT in several ways. It can act as a mediator between what was in the past and what is yet to come, adding smart functionality to those legacy assets without modern computing capabilities.

The Importance of The Global Radiation Dose Monitoring Market

Diagnostic imaging is an essential component for treatment and post-treatment care for cancer patients. Increased exposure to ionizing radiation in medical imaging procedures has left patients with an increased risk of radiation-induced secondary cancer rather than alleviating such hazards. The risk of developing radiation-induced cancer is higher in children than adults. A child exposed to a specific radiation dose is ten times more likely to develop cancer than an adult. This has led to the implementation of radiation dose monitoring systems all over the world. Pediatric radiologists all over the world advocate the use of radiation dose monitoring systems to track radiation dose exposure of children receiving cancer treatment.

According to global radiation dose monitoring market insights presented by Research on Global Markets, the global radiation dose monitoring market the global radiation dose monitoring market is anticipated to reach a value of USD 3.76 Bn by 2023, growing at a compound annual growth rate (CAGR) of 8.5% during the forecast period 2018-2023.

Global Radiation Dose Monitoring

Radiologists are working actively to minimize and monitor patient dose. Their goal is to enable patients to get the best medical image at the lowest possible exposure. One way to do this is to continuously develop better X-ray detectors so that the exposure level can be reduced by the medical professional while taking a digital X-ray. Software tools have been developed to keep a track of each patient X-ray exposure and also the type and number of tests they have undergone. Such monitoring activities can lead to improved patient care and reduction in the need to repeat X-ray tests.

Radiologists suggest the use of automated dose monitoring software on each patient with cancer. Radiation dose from radiographs, although very low, also needs to be monitored, due to the high number of x-ray exams these patients have in the course of seven years or less.

How to Make The Fruit & Vegetable Processing Industry in India Globally Competitive

Despite ranking second in the production of fruits and vegetables, the level of fruit processing in India is very low, compared to countries such as the United States, China, and the Philippines. The fruit and vegetable processing sector is critical for the development of rural India as it provides a link between the two pillars of agriculture and industry.

The greatest challenge faced by the fruit and vegetable processing industry in India is the low and inconsistent availability of fruits and vegetables. Due to the low per capita availability of produce, most fruit is sent to the retail market and almost nothing is left for processing. Low farm productivity coupled with low capacity utilization of processing units makes fruit processing a high-cost low profits endeavor.

The fruit and vegetable processing industry in India can compete on a global scale once work on the following areas is undertaken:  

1. Productivity enhancement: better land utilization can be achieved using Ultra High-Density Plantation (UHDP). Plants are grown closer to each other to make the best possible use of the land provided.

2. Varietal Improvement: the cultivation of superior early, medium and late yielding varieties prevent gluts and stabilizes prices, thus reducing the risk for farmers.

3. Farm extension and sustainability: farmers must be educated regarding new practices in terms of nutrition, water, and climate best suited to grow new varieties. They should be informed about the adverse effects of using excessive manures and pesticides and how it not only affects yield and quality of produce but makes it difficult for the industry to export the pulp due to global health standards.

There should be cooperative systems to address competitive deficiencies of fruit and vegetable processing industry. The projects undertaken must address the gaps in terms of improving productivity, new varieties, farm extension services and market linkage for farmers.

Key Segments Present in The Global Varicose Treatment Devices Market

Varicose veins also known as varicoses occur when the veins become enlarged and overfilled with blood. These veins appear bluish purple and are twisted, bulging, and swollen. In most cases, varicose veins appear on the thighs and lower legs. The several causes of varicose veins include pregnancy, standing for long periods, obesity, menopause, old age and heredity.

According to research conducted by Research on Global Markets, the global varicose vein treatment devices market is estimated to reach USD 1,388.86 Mn by 2023, expanding at a compound annual growth rate (CAGR) of 16.4% during the 2018-2023 period. The market is classified on the basis of treatment mode, end users and regions.
 

Based on the treatment mode, thermal ablation held 63% of the market in 2017 due to the growing demand for minimally invasive surgeries with minimum pain and recovery time. Endovenous non thermal ablation is expected to expand at a compound annual growth rate (CAGR) of 40.3% by 2023, due to the low risks of complications. The market share of the stripping method is expected to decline steadily due to the chances of infections, blood clots, cuts, bruises and nerve injury.
 

Based on the end user, the market is shared between hospitals, surgical clinics and specialized clinics. The hospital segment held 55.8% share of the global device market due to the favourable medical policies and increase in availability of medical professionals in hospitals. The specialized clinic unit is expected to grow until 18% till 2023 due to the availability of minimally invasive procedures.
 

Geographical, the market was dominated by North America, who held 45.3% of the global varicose veins treatment devices market in 2017 followed by Europe and Asia Pacific region respectively. Countries like China, India, Japan, and South Korea are likely to experience significant growth over the next few years, owing to the prospects of the growing medical tourism industry, and a large patient pool.

Key Segments Present in The Global Machine Learning Market

Machine learning is an application of Artificial Intelligence that provides computers the ability to automatically learn and enhance their performance based on past experience without being explicitly programmed. Machine learning focusses on developing computer programmes that can learn for themselves without needing human intervention or separate algorithms to be preprogrammed into the computer to tackle unfamiliar scenarios.

According to machine learning market research conducted by Research On Global Market, the global machine learning market is expected to reach USD 19.40 Bn and expand at a compound annual growth rate of 48.3% during the 2018-2023 period.

The global machine learning market is classified into four segments- application, end-user industry, deployment mode, and region. The application segment is segmented into fraud detection and risk management, marketing, and advertisement, predictive analytics, natural language processing, augmented and virtual reality, security and surveillance, and computer vision. The end user industry segment is segmented into aerospace and defence, energy and utilities, manufacturing, retail, BFSI, public sector, healthcare industry. In 2018, the retail industry beat the BFSI segment to be the leader in machine learning expenditure. The machine learning expenditure by the BFSI segment is targeted towards automated threat intelligence, fraud analysis, and investigation and prevention systems along with recommendation systems. The deployment mode segment is segmented into on-premise deployment and cloud deployment. Due to the low-cost structure, industry professionals are working on the cloud deployment model.

Geographically, the machine learning market is analyzed across North America, Europe, Asia Pacific, Middle East, and Africa. North America is leading the global market for Machine Learning due to the emergence of Big Data, on which Machine Learning is dependent. The Asia Pacific will witness the highest growth rate during the 2018-2023 period.

Here Are Some of The Perks Brought Forth by The Global Robot Software Market

The use of robots and robot software have instilled a lot of fear among the people, as they fear that they would eventually lose their jobs as the machines take over. However, automation in the workplace does not necessarily amount to a loss of jobs, as humans will be continually required to help synchronize and operate the robots.

With the gradual development of the global robot software market, it has become possible to design robots that can increase safety in the workplace. For instance, robots can be used to handle heavy machinery that could otherwise easily injure human beings. It also becomes possible to work in extremes of temperature and in areas that cannot be easily accessed by manual labor.

Speed is another essential variable that any enterprise needs to consider. Robots do not get tired, take vacations or need breaks. They do not feel stressed and start working inefficiently. In other words, they can work all the time, which ultimately helps speed up production processes and give the best results for any organization.

Most robots are calibrated to perform those tasks that cannot be efficiently completed by humans. They can help improve motivation in the workplace by taking over the undesirable tasks from the human workforce, thereby helping to further increase workplace productivity.

Moreover, robots are not dependent on other people or even robots to deliver the work that is assigned to them. They are independent and maintain consistency throughout the time that they are functional. Advancements in the global robot software market have helped increase the reliance on machines as compared to manual human tasks.

Robots are well known for delivering quality work. Their software is so programmed as to complete each task with the required precision and perfection. The room for errors is very minimal, and thus they work not only as an employee but also fulfill the requirements of being a quality control system on its own.

Global Smoking Cessation and Nicotine De-Addiction Products Market – The After-Effects of Quitting Tobacco

Nicotine withdrawal is very real, and it can be so intense that smokers who are trying to quit can be discouraged by its symptoms. Many might even think that the decision to quit tobacco is wrong, and thus be inclined to start again. However, this is undesirable, since the human body has an amazing capacity to heal itself, and falling back to the old habit can undo all the damage-control that has already taken place.

The timeline for what happens once an individual quits smoking is rather intricate. The heart rate, as well as the blood pressure, drops to the normal rate within twenty to thirty minutes, which facilitates better circulation of blood throughout the body. The levels of toxic gases in the body, such as carbon monoxide, is cut in half within the timespan of just one day.

The succeeding days will allow the individual to regain the sensitivity of the taste buds, lower the risks of heart attack and stroke. The symptoms of nicotine withdrawal, such as irritability, restlessness and so on can appear, which might discourage one from continuing with the plan to quit. Choosing the right option from the smoking cessation products market, along with a foolproof plan to go ahead with it, will significantly increase the chances of being able to successfully quit tobacco.

There are numerous choices afloat in the global nicotine de-addiction products market. It includes nicotine replacement therapies (NRT) and electronic cigarettes. NRT allows users to be exposed to regulated doses of nicotine to help quit smoking of cigarettes, while e-cigarettes mimic the actual cigarettes and thus serve as a better replacement for most individuals.

People around the world have become aware of the risks associated with cigarettes and other tobacco-based products. They are more likely to take initiatives to quit smoking than they were about a couple of decades ago. The global market for smoking cessation and nicotine de-addiction products has seen a sharp growth in the past few years, part of which can be attributed to the popularity of e-cigarettes or vaping kits.