Industrial IoT (IIoT) market is set to bring international transformation across all industries. As per a report published by Polaris Market Research, the IIoT international market is projected to grow up to USD 771.72 billion during 2017 to 2026 period.
Industrial IoT permits easy access to machines and sensors. Another important factor in the international growth of the IIoT market is the efforts put by the governments and chief player in this sector and its growth is projected to rise at a CAGR of 24.3% during the forecast period. One of the examples supporting above estimate is sponsorship received by Government of Germany for a multi-year strategic initiative, called, ‘Industrie 4.0’. This initiative will try to collaborate with the major players from public and private segments including academics to develop a working plan which can align with the future vision of these industries i.e. use of digital technologies in the domestic industrial sector.
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Major manufacturing industry applications comprise of machine automation, testing equipment, machine vision, production and factory environmental regulation. The few applications who require a large amount of data gathering and analysis such as data visualization, predictive maintenance, and MES are also projected to utilize IIoT broadly with time.The services component of the global IIoT market is estimated to grow faster and at higher CAGR as compared to another two-component shown above till 2026.
The technology & solutions market has been categorized as shown above. The solution providers globally are focussing their time and money on the merger of information systems, sensors, and devices across assorted industry verticals. This will help in modernizing the overall operation process and will welcome new business models. IIoT solutions can offer ground-breaking understandings after analysing the data obtained from diverse sources. This will enable industries in the decision-making process on how to improve their offerings.
Few of the major players who are actively involved in this transformation and functional with Industrial IoT are – Cisco Systems, Inc., IBM Corporation, Microsoft Corporation, General Electric Company, Intel Corporation, Siemens AG and so on.
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The Global Voice Cloning Market is forecast to reach USD 4,613.7 Million by 2028, according to a new report by Reports and Data.
Growing demand for new voice technology in telecommunication, banking, BFSI, media and entertainment, education, defense, and energy and utility sectors among others will not only enhance the market growth but will take voice cloning business to new scalable paramount with the growth curve of the voice cloning market touching highest peak of growth.The favorable circumstances in the Voice Cloning Market lie with the need for Internet of Things (IoT) and connected devices.
Rapid escalation in the adoption of AI infrastructure in voice cloning and integration of AI technologies in voice cloning solutions are anticipated to provide lucrative opportunities for growth.
The lack of subsidies & high initial investment and lack of appropriateness of AI-Enabled Voice Cloning assessment processes is acting as a market restraint.The factors mentioned above jointly create opportunities for the market growth, while factors such as the requirement of standard speech repository act challenge in the implementation of such a solution add limitations in the market.
However, each element would have a specific impact on the market during the forecast period.In Europe, due to the sudden rise in adoption of Voice Cloning solutions by various verticals, along with growing demand for delivering personalized experience, the market for such a technologically advanced speech technologies market is propelling at a fast rate.
China became the largest consumer of this segment, as this technology helps software tools to integrate the cloned voices into multiple applications.Europe is expected to witness the highest CAGR of 27.9% during the forecast period.
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The opportunities are limited, few and far between.
Thus, the marketers cannot go by a set template that they tend to use while selling to mid-level buyers.It becomes crucial for marketers to work diligently on their approach and develop innovative ideas; otherwise, they will soon lose the management people's interest.This article will discuss some of the most innovative marketing approaches that will help the marketers form a lasting impression on the C-level executives and influence their decision-making process.Ways to Influence C-level decision-making processIn order to influence people who have ‘ decision-making designations’, the B2B marketers cannot go with just one plan in their head.
They need to be street smart and quick on their feet.Below are some of the most innovative methods that will keep the C-level executives hooked on your sales pitch.Understand their pain pointsThe B2B marketers must know that the C-level executives live their life in a fishbowl.
Each of their moves and decisions are closely analyzed as the future of the company depends on it.
Unlike the mid-level executives, the C-level executives look for longevity in the product, thus making sure that you have a clear vision of the product's prospects.Thus, if the marketer understands the top-level executives' pain points, they can design their sales pitch accordingly and thus would have more time to stress on the salient features of the product rather than beating around the bush.Timing is the ‘Key’You have to time everything that you are presenting in your sales pitch, more so when you are dealing with people working in senior positions.
The top officials understand the importance of their time, and that's why there is a rising trend of the officials working on 'Sunday nights'.While the C-level executives get ready for their busy week ahead, the marketers can present them their sales pitch in brief via email, etc.
