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01 Aug 2023  |  Global  |  Frost Radar
Frost Radar™: Digital Twin Platforms, 2023
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
A digital twin is a virtual copy of a physical entity, which can be a product, system, component, or network of more complex systems. While a physical entity typically refers to tangible objects, a digital twin can also replicate a process, simulating and analyzing its performance. Thus, a digital twin can serve as a tool to virtually replicate and...
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12 Sep 2023  |  Global  |  Market Research
Socioeconomic Development: Healthcare Growth Opportunities
Digitalization, Policy Impetus, and Localized Manufacturing Drive Growth Opportunities in the Healthcare and Allied Sectors
Despite a subdued economic outlook, 2023 is forecast to remain upbeat for the global healthcare industry, supported by steady emerging market growth, increased post-pandemic health-centric policies, rapidly aging populations in major developed nations, and higher R&D spending. Rapid technological advancements and digital transformation are improvin...
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16 Oct 2023  |  Global  |  Market Research
Future of Automotive Manufacturing— Evolution of Smart Factories
Smart Manufacturing will Strengthen Future Growth Potential and Enable Vertical Market Expansion
Automotive manufacturing is a complex and ever-evolving industry shaped by technological advancements, economic conditions, and consumer preferences. As the demand for automobiles grew, automotive manufacturing has evolved from being highly reliant on manual labor to adopting new technologies and mass production techniques. The most important devel...
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24 Oct 2023  |  Global  |  Market Research
Growth Opportunities in Acrylics
Innovative Approaches to Meet Sustainability Requirements will Significantly Drive Research and Development Initiatives
Acrylics are a group of highly versatile materials that find extensive application as raw materials in end-products such as in coatings, adhesives, sealants, elastomers, superabsorbent polymers (SAPs), polymethyl methacrylate (PMMA), textiles, additives, inks, water treatment chemicals, construction chemicals, detergents, cosmetics, and paper produ...
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22 Dec 2022  |  Global  |  Market Research
Smart Home Market Growth Opportunities
Home Entertainment Systems to Support the Future Growth Potential of Mass IoT
The smart home market is moving toward optimized and personalized devices, environmental control, and energy consumption through ubiquitous connectivity and digital transformation. This strategic analysis is part of Frost & Sullivan's continued coverage of the global IoT market. Frost & Sullivan offers valuable insights that will help IoT service p...
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25 May 2023  |  Global  |  Market Research
IoT Growth Opportunities in the Metaverse
Digital Twins, 5G, Edge Computing, Sensors, Semiconductors, and XR Devices are Key Enablers of the Metaverse
Frost & Sullivan defines the metaverse as an interconnected network of persistent three-dimensional (3D) worlds and simulations where end users, represented by virtual avatars, are enabled with a sense of social presence and spatial awareness and participate in an extensive virtual economy. IoT is crucial in terms of linking the metaverse and real...
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20 Jul 2023  |  Global  |  Customer Research
Contact Center Digital Transformation in the BFSI Industry: A Customer Perspective, Global, 2023 to 2024
Employee Engagement is the Top Corporate Objective
BFSI organizations are exploring ways to expand their business and boost the productivity of their employees while establishing closer relationships with their customers while delivering great products/ services. Digital transformation is really enabling BFSI organizations to unlock these outcomes. Extending this further, BFSI contact centers focus...
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30 Oct 2019  |  Global  |  Market Research
Evolving Business Models in the Global Security Industry, 2019
Increasing Need for Niche Security Solutions, Rapid Advancements in Technology, and Budget Pressures are Driving the Security Industry to Explore Innovative Revenue Models to Capitalize on Opportunities
This study will benefit those who are interested in learning about how business models are evolving in the security industry and potential opportunities in this segment. It discusses the key aspects of security business models and identifies use cases in various types of service-based models being adopted to address security capability requirement ...
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28 Nov 2019  |  Global  |  Frost Radar
Frost Radar in the Global Coordinate Measuring Machine Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
Coordinate measuring machines (CMMs) have changed the way dimensional measurements are made in manufacturing facilities. Their ability to cost-effectively provide accurate measurements and improve productivity has helped the market grow over the past decade. The increased penetration across different manufacturing verticals would have not been poss...
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02 Feb 2024  |  Global  |  Market Research
Advancements in Contact Center Workforce Optimization Global
Innovation Powered by AI Is Accelerating Contact Center Growth Opportunities
Frost & Sullivan defines workforce optimization (WFO) as a strategy to integrate disparate contact center workforce applications, monitor and analyze customer and agent interactions, and automate processes to optimize resources. WFO is an important segment of the contact center industry because it drives performance, agent engagement, and an improv...
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