Search results for: 'Parcel automation'

Robust private consumption, resilient external demand, and an accommodative monetary policy are expected to support Denmark's economic growth in 2017 and 2018. The country has a highly service-oriented economy, with industry contributing only 20% to the GDP. Bulk goods dominate volumes for road freight, with construction being the largest contribu...

Brands use outsourcing as a competitive strategy to get a multitude of benefits, including cost savings, best-in-class technology, business flexibility, access to skilled talent, and a blend of locations and delivery models. Customer experience (CX) outsourcing vendors partner with clients to understand their business challenges and offer solutions...

Rising healthcare and surgery costs are increasing the burden on healthcare systems, making it difficult for hospitals to offer high-quality care at affordable prices. Time-consuming manual processes that significantly impact surgeon time and workload, hospital cost increases due to delayed surgery, and low patient satisfaction levels due to human ...

In the last couple of decades, the valve manufacturing industry was focused on identifying low-cost manufacturing destinations as ‘Outsourcing’ had huge pricing benefits. Despite the pricing benefits, low quality and late delivery were serious concerns to the manufacturers and end users. Has the situation changed in recent years? Are valve manufact...

The Singaporean FM market is well developed with a comprehensive regulatory framework in place to drive the market. The strong outsourcing culture across the country, together with a conducive business environment, encourages both local and foreign service providers to establish their footprint in the country. The mature FM market in Singapore expe...

This Frost & Sullivan market insight presents an overview of the artificial intelligence (AI) initiatives powering the next-generation business support system (BSS) initiatives in the global mobile communications market. It describes the various opportunities that generative AI (Gen AI) supports with the enhancement of existing BSS functions and pr...

24 Aug 2021  |  Global  |  Market Research

Global Machine Vision Growth Opportunities

High Automation Demand and Post-COVID-19 Changes in End-user Habits Drive the Market

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The global machine vision market revenue in 2020 is $10.28 billion and is forecast to record a 6.4% CAGR between 2020 and 2025. The market took a major hit in 2020 due to the COVID-19 pandemic, with sales declining 4.6% from 2019. However, Frost & Sullivan expects that market to register 3.8% growth in 2021. Positive trends in pharmaceuticals, food...

XDR is a vendor-agnostic solution that aggregates data from a wide range of security controls and enables security teams to holistically detect, investigate, and respond to threats. XDR's 3 core promises are cross-layered detection and response, meaningful automation, and third-party integration. Security vendors take several approaches to XDR,...

The contact center outsourcing services market in Latin American and the Caribbean (CALA) remain relatively stable in terms of revenue in 2018, compared to 2017. This negative performance was mostly due to automation of a large number of interactions by telecom companies, which was partially offset by solid performances of Colombia, Central America...