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Showing posts from April, 2024

Assisted Living Facility & Neurorehabilitation Market Outlook: Trends, Challenges, and Growth Forecast

The  U.S. assisted living facility and neurorehabilitation market  size is expected to reach USD 177.3 billion by 2030, registering a CAGR of 5.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing awareness, the desire of consumers to age in home-based services, and an increasing number of Traumatic Brain Injury (TBI) survivors seeking residential care post-neuro-rehab are the major factors driving the growth of the market. In addition, the lower cost of ALFs as compared to nursing homes will propel the market. U.S. Assisted Living Facility & Neurorehabilitation Market Report Highlights ·          By gender, women held the maximum share in 2022 and the segment is predicted to exhibit the fastest growth over the forecast period. This can be attributed to the greater life expectancy of women and higher rates of disability and chronic health problems ·       ...

Contact Center Analytics Market: Trends and Predictions

The global  contact center analytics market  size is expected to reach USD 5.75 billion by 2030, expanding at a CAGR of 19.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing need among contact center companies to track and measure business performance at each level is expected to drive market growth. Contact center analytics also enables companies to reduce overhead and operational expenses. The funding raised by contact center service providers is also expected to drive market growth. For instance, in May 2021, ASAPP, Inc., an Artificial Intelligence (AI) research-driven customer experience company, announced that it raised USD 120 million. The company would use this funding to expand its portfolio and market reach. Contact Center Analytics Market Report Highlights ·          The speech analytics solutions segment dominated the market in 2022 due to the wide usage of these solutions in im...

Laser Cutting Machine Market Expansion Strategies: Opportunities in Emerging Economies and Industries

The global  laser cutting machines market  size is expected to reach USD 10,351.0 billion by 2030, registering a CAGR of 5.5% over the forecast period, according to a study conducted by Grand View Research, Inc. Over the forecast period, it is anticipated that the growing trend of automation in the manufacturing sector and the rising demand for the end-use industry will increase demand for these machines. The growing application of CO2, fiber, and Yttrium Aluminum Garnet (YAG) lasers in various applications, such as industrial sectors and consumer electronics, is predicted to boost the demand for laser cutting machines. Industries such as consumer electronics are contributing to the market growth owing to the increasing use of lasers in material processing operations such as pruning, welding, and engraving. Furthermore, the requirement for high-power input and performance-based cutting tools drives demand and market growth for laser cutting machines over the forecast period....