ReleaseWire Connect

Mobile phones are now being used as a multipurpose device that have a powerful utility and infotainment potential rather than just used for making voice calls. From just a click of a button, one can find nearby restaurants, pay bills, receive latest breaking news and stock updates, and much more. The potential for mobile value added service market is endless. On top of this, there is a rapid increase in the usage of social networking applications and mobile banking and payments, and this is also giving a huge boost to the mobile value added service market. Furthermore, introduction of faster communication services are opening up the gates for new opportunities in this market. There is a great demand for entertainment services provided through mobiles and this generates opportunities in the on-demand music and video, specialized content in the local language and beaming of live television shows and sports events on mobiles. There is another segment of revenue which consists of caller tunes, contests that are based on SMS and subscription based alerts. As the popularity of smartphones increases and their prices decrease, consumers want more and more value added services on their mobiles for which they are willing to pay. Due to such factors, the market for mobile value added service is witnessing a sharp rise in demand.

A report on the global enterprise governance, risk and compliance (EGRC) market has been recently added by Persistence Market Research. The report, titled, "'Enterprise Governance, Risk & Compliance Market: Global Industry Analysis and Forecast, 2016-2024," predicts that the market, which is presently valued at US$ 14.8 Bn, is anticipated to register a 7.1% value CAGR during the forecast period.

Voice over Internet Protocol (VoIP) is being driven by the growth in advanced technology and development of wireless mobile communication system. Moreover, increasing number of portable devices has led to the development is also resulting in the growing demand for VoIP services. Companies providing VoIP services are also constantly updating their services to compete in the global VoIP services market. Availability of high-speed internet infrastructure for speeding up the process of operation for both individual and enterprise is also contributing to the growth of the global market for VoIP services. Enterprises are also expanding, this expansion is expected to drive the demand for an efficient communication system. One of the major factors driving the growth of the global VoIP services market is the increasing adoption of Bring Your Own Device Policy (BYOD) in the companies. BYOD include laptop, tablets, and smartphones. Meanwhile, companies are also developing mobile applications that can work with Microsoft Excel, Word, and PowerPoint.

Persistence Market Research has come up with a new report titled 'Residential Robotic Vacuum Cleaner Market: Global Industry Analysis and Forecast 2017-2021'. This comprehensive report deals extensively with the global residential robotic vacuum cleaner market and puts forth with great clearly the market dynamics in the form of drivers, restraints and trends that are affecting the growth of this market. The forecasts for this market have been provided both in value terms and in terms of volume. As per the forecast provided, the global market for robotic vacuum cleaners was valued at US$ 1,741.3 Mn in 2017 and is anticipated to reach a valuation of US$ 2,475 Mn by 2021 end, reflecting a robust CAGR of 9.2% during the period of assessment from 2017-2021.

Persistence Market Research has announced the addition of the “Global Market Study on Wireless Car Charging: Asia Pacific Projected to be the Most Attractive Regional Market Through 2025" report to their offering.

Persistence Market Research has announced the addition of the “Global Market Study on Medical Power Supply Devices: Technological Advancements Expected to Boost Revenue Growth During 2017 - 2022" report to their offering.

Persistence Market Research has announced the addition of the “Global Market Study on Beauty Devices: Growing Aging Population is Driving Market Growth" report to their offering.

Persistence Market Research (PMR) delivers key insights on the global smart mirror market in its latest report titled 'Global Market Study on Smart Mirror: Driven by High Market Potential in Automotive and Retail Industry with North America to Witness Highest Adoption By 2022'. In terms of volume, the global smart mirror market is anticipated to expand at a CAGR of 10.7% over 2016-2022, driven by various growth factors, regarding which PMR offers vital insights in detail in this report.

Persistence Market Research projects the global air cargo security and screening systems market to see moderate growth through 2024; the market is expected to reach a value of US$ 1,622.8 Mn by 2024-end.

Persistence Market Research has announced the addition of the “Global Market Study on Cloud Computing in Healthcare Industry: Non-CIS to Dominate; Electronic Medical Records CIS to Gain Traction through 2020" report to their offering.