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rupeshbidkar
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Aquarium Hydrometer Market to Surpass US$ 2.2 Mn by 2032, Sales are projected to increase at a 7% CAGR | FMI

As per a recent market analysis by Future Market Insights (FMI), the aquarium hydrometer market size is forecast to reach US$ 1.1 Mn in 2022. Sales are projected to increase at a 7% CAGR, with the market size reaching US$ 2.2 Mn by 2032

Fish are sensitive to temperature fluctuations in their environment, hence they should be bred in wild water species. The fish will be anxious and susceptible to parasite infection if the aquarium is too cold, and if the aquarium is too warm, the dissolved oxygen levels will rapidly drop, causing the fish to choke in the aquarium. As a result, a proper temperature control system and salt control must be installed. As a result, aquarium accessories are essential.

Due to the increasing fascination with the undersea world and its effect on the atmosphere in homes and other residential and commercial spaces, the worldwide aquarium accessories market has grown in popularity over the years. Aquariums have become a valuable encounter with nature for the younger generation, as well as a source of information about aquatic animals.

In recent years, keeping fish has been a popular hobby among people all over the world, causing the worldwide aquarium accessories industry to grow at a rapid pace. A well-kept aquarium is one of the most attractive living ornaments that can be found in any home, hotel, restaurant, or another establishment.

"Rising trend of pet humanisation has propelled the interest in pet care and wellness, which is expected to drive sales of aquarium hydrometers for household aquariums. In addition to this, expansion in the pisciculture sector across emerging economies will fuel demand over the forecast period," says an FMI analyst.

Key Takeaways:

Based on sales channel, demand for aquarium hydrometers at online channels will remain high.

In terms of product type, sales of swing arm hydrometers will continue gaining traction.

The U.S. will dominate the North America aquarium hydrometer market over the forecast period.

China will emerge as a lucrative pocket, accounting for a dominant share in the East Asia aquarium hydrometer market.

Competition Landscape

Leading companies in the aquarium hydrometer include

Tropical Marine Centre Ltd.,

PetSmart, Petco,

Petland,

Juwel Aquarium, and

Tetra.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global Aquarium Hydrometer, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the Aquarium hydrometer based on by Product Type (Swing arm hydrometers, Floating hydrometers,), by Application (Saltwater aquarium, Freshwater aquarium) by End-use (Residential, Commercial) by Sales Channel (Hypermarkets/Supermarket, Specialty Stores, Multi-Brand Stores, Discount Stores, Salon/Grooming Clubs, Drug Stores & Pharmacies, Online Retailers, and Other Sales Channel), & region.

Aquarium Hydrometer Market by Category

Product Type:

Swing arm hydrometers,

Floating hydrometers

Application:

Seawater Aquarium

Freshwater Aquarium

End Use:

Residential

Commercial

Price Range:

Low

Economy

Premium

Sales Channels:

Wholesale distributors

Specialty Stores

Supermarket/Hypermarkets

Aqua specialty Centre

Aquarium shops

Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

MEA

To know more:

https://www.futuremarketinsights.com/reports/aquarium-hydrometers-market

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rupeshbidkar
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Anti-pollution Ingredients Market From 2022 to 2031, ingredient sales are anticipated to grow at a CAGR of 5.4%.

The global anti-pollution ingredients market exceeded US$ 870.4 Mn in 2022, which are likely to witness a healthy 5.4% yearly growth in 2022. Future Market Insights (FMI) has released a new intelligence outlook that predicts a promising growth outlook for the global anti-pollution ingredients market in the coming years, owing to a dramatic increase in the incorporation of active, functional ingredients in personal care (PC) and cosmetic products with an anti-pollution effect.

Non-traditional Ingredients Gaining Momentum

Based on the market analysis by the type of anti-pollution ingredients, polymer-based and antioxidant ingredients remain highly preferred among both, manufacturers and consumers. However, the market has been witnessing novel innovation patterns involving non-traditional active ingredients such as vitamin E and A, and polymer based ingredients. Anti-pollution ingredients such as plant extracts, activated charcoal, and metal chillers are gathering momentum in the market over the recent past.

As consumers continue to seek ‘natural’ product labels and claims of protection from direct contact between skin and pollutants, manufacturers of anti-pollution ingredients are maintaining focus on innovative formulations.

Enhancement of the efficacy of existing ingredients and evaluation of the same of newly found ingredients to be used in the anti-pollution ingredients category currently interests a majority of leading players in the market.

Procter & Gamble recently joined forces with botanists of Royal Botanic Gardens (London) to evaluate the efficacy of naturally sourced ingredients for potential use in former’s new range of anti-pollution skin care products. Evonik also recently expanded its portfolio with new ingredients for use in ‘of-the-moment’ applications, including anti-pollution cosmetics and PC products.

Competitive Landscape

Leading anti-pollution ingredient manufacturers are focusing on the research & development of eco-friendly and natural ingredients. Key players in the anti-pollution ingredients industry are also investing in mergers and acquisitions to increase their market presence across multiple regions.

In January 2022, Chanel, the French luxury brand announced a new line of sustainable beauty products. The No. 1 de Chanel is the first line-up of the French brand into eco-conscious skincare and makeup industry that is seeing a bright outlook with growing environmental awareness. The formulations are comprised of almost 97% natural ingredients and come in recyclable packaging as well.

In April 2021, Greentech announced the launch of a new active ingredient. The new natural active ingredient called CIRCALYS is developed from the Green Chiretta plant. It has detoxifying properties and is used in Ayurvedic traditional medicines

Key Segments of Anti-Pollution Ingredients Industry Survey

Anti-Pollution Ingredients Market by Ingredient Type:

Activated Charcoal

Algae and Kelp

Chinese Herbs

Antioxidants

Vitamin A

Vitamin B

Vitamin C

Vitamin E

Minerals

Sea Salt Minerals

Malachite Extract

Polymer Based Ingredients

Others

Anti-Pollution Ingredients Market by Application:

Skincare

Sun Care Products

Anti agers

Moisturizers

Facial Masks

Cleansers

Others

Hair Care

Shampoos

Conditioners

Others

Colour Cosmetics

Anti-Pollution Ingredients Market by Region:

North America Anti-Pollution Ingredients Market

Latin America Anti-Pollution Ingredients Market

Europe Anti-Pollution Ingredients Market

East Asia Anti-Pollution Ingredients Market

South Asia & Pacific Anti-Pollution Ingredients Market

Middle East & Africa (MEA) Anti-Pollution Ingredients Market

To know more:

https://www.futuremarketinsights.com/reports/anti-pollution-ingredients-market

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rupeshbidkar
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Academic Scheduling Software Market Top Key Players, Latest Trends, Regional Insights | 2022-2032

The global academic scheduling software market is estimated to garner US$ 35.2 Billion while exhibiting a 13.7% CAGR during the forecast period ranging from 2022 to 2032. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 9.8 Billion in 2022.

The global academic scheduling software market is primarily driven by its increasing application across various educational institutes like schools, colleges, and universities. Due to factors such as an increase in the number of academic scheduling and hosted service providers, the worldwide academic scheduling software industry is predicted to rise significantly over the forecast period. The demand for academic scheduling software is being driven significantly by the rapid digitalization of an expanding number of internet users.

The cloud-based segment is likely to offer remunerative opportunities for the global academic scheduling software market. Several emerging economies are making significant developments in their educational sector, thereby, providing lucrative opportunities to players in the market.

Key Takeaways:

• By deployment, the cloud-based segment is expected to record a 13.6% CAGR by 2032 • By end-user industry, the schools segment to expand at a 13.7% growth rate during the forecast period • The U.S market to garner US$ 12.6 Billion and record a 13.4% CAGR from 2022-2032 • Market in China to procure US$ 2.5 Billion, expanding at a 13.0% growth rate during the assessment period Competitive Landscape Eminent players of the global academic scheduling software market include ASIMUT Software APS, CollegeNET, Drivers Ed Solutions, EMS Software and FORADIAN Technologies among others. Recent key developments among players include: • In January 2022 -CollegeNET, Inc., a leading provider of web-based on-demand technologies for higher education, released the 2021 Social Mobility Index (SMI). The SMI benchmarks four-year U.S. colleges and universities according to how effectively they enroll students from low-income backgrounds and graduate them into good-paying jobs. The 2021 SMI includes 1,549 four-year institutions.

• In September 2021- ASIMUT software ApS announced a major upgrade of its industry-standard room booking and event management software for arts colleges, ASIMUT 3.0, to replace the previous second-generation introduced 13 years ago, back in 2008, that has seen 29 updates over time.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global academic scheduling software market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032. The study reveals essential insights on the basis of Deployment (Cloud-based, Wed based)) by End-user industry (schools, Collages, universities, Educational institutes), and Region (North America, Europe, APAC, MEA and Latin America) About the Technology Division at Future Market Insights

The Technology team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

To know more:

https://www.futuremarketinsights.com/reports/academic-scheduling-software-market

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rupeshbidkar
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eBook Market is projected to record a CAGR of 4.9% from 2022 to 2032

The global eBook market is projected to record a CAGR of 4.9% from 2022 to 2032.

Given the delays associated with shipping and relatively high cost of books, eBook sales are soaring as readers are flocked to the convenience of instant read. The availability of services for these eBooks, such as eLending from eBook library, has further aided the global adoption of eBooks.

Driving the Adoption of eBooks

High penetration of smartphones, rising global appetite for eBook content in both English and other regional languages, increasing internet usage, online translation of eBooks into various languages, government initiative and supportive policies for smart education, a growing trend of Bring-Your-Own-Device (BYOD) concept, and free availability of various eBooks and eBook reader apps are some of the factors driving the growth of the eBook market.

Moreover, the market is expected to experience a significant growth, owing to an increase in uptake of eBooks in education and media &entertainment sector. However, factors such as lack of awareness among the audience regarding content of eBook and requirement of specific software or app are hampering the growth of this market to some extent.

EBooks are used for e-newsletters, e-journals, and e-magazines. Several eBook providers have embraced the eBook formatting technique using HTML and CSS technologies in recent years. Furthermore, eBook producers focus on eBook file size compression to allow their clients to download and read eBooks with minimal system requirements.

Increased internet usage, online translation of eBooks into various languages, government initiative and supportive policies for smart education, a growing trend of Bring-Your-Own-Device (BYOD) concept, and free availability of various free or paid eBooks and eBook reader apps are some of the factors driving the growth of the eBook market.

EBook Market segment

The global eBook market can be segmented in two categories, verticals and geography. By verticals, the market can be divided into several categories, including educational institutes, media and entertainment, and manufacturing.

Due to a growing number of educated youth, expanding demand for connected devices, and digital education around the world, the educational institutes segment is expected to rise at a high rate during the projected period. Many educational institutions are moving toward digitalization for journal and research paper publishing since they can be conveniently accessed by students and professors from anywhere at any time

Following Region Contributes Significantly to the Global eBook Market

From 2022 to 2032, the eBook market in North America is predicted to increase at a significant CAGR, making it the fastest-growing market in the global book publishing industry. In 2020, the number of eBooks units sold in United Stated reached a value of US$ 191 Mn.

In comparison to other rising regions such as Asia-Pacific and the Middle East and Africa, the eBook market in North America is the most developed of all the areas. Factors such as high penetration of smartphone and smart devices, high internet usage, and subscriptions have increased the market share of eBooks in North America.

Key Segments

By Category

• Free eBooks

• Paid eBooks

By Vertical

• Educational Institutes

• Media & Entertainment

• Manufacturing

By Region

• North America

• Latin America

• Asia Pacific

• Japan

• Western Europe

• Eastern Europe

• Middle East & Africa

Key Players

• McGraw-Hill, Wiley

• Kensington Publishing Corp.

• Hachette

• Cengage Learning

• HarperCollins

• Simon & Schuster

• Macmillan Publishers

• Penguin Random House

• Self-published eBooks

To know more:

https://www.futuremarketinsights.com/reports/global-eBook-market

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rupeshbidkar
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Sales Training and Onboarding Software Market Record a CAGR Of 8.2% through 2032

The sales training and onboarding software market is expected to increase at a CAGR of 8.2% from USD 4.4 billion in 2022 to USD 9.6 billion through 2032. The increased use of product-based sales training in big and medium-sized enterprises is the primary growth driver for the sales training and onboarding software market.

The sales training and onboarding software market has grown due to an increased focus on cost-effective training techniques, increased internet usage, and improvements in online sales training programs. Furthermore, better customer service, stronger leadership, and a refined sales strategy are predicted to take the sales training and onboarding software market forward. Budgetary restraints and a lack of knowledge among small businesses, on the other hand, may limit the expansion of the sales training and onboarding software market.

Sales training and onboarding software market development are also fueled by firms’ shift to new technology to save paperwork. Employee onboarding software solutions assist organizations in reducing their personnel costs. Furthermore, the organization’s employees are provided work-life balance and flexible working hours. Many firms’ adoption of automation aids in propelling the sales training and onboarding software market along development paths. Employee onboarding software assists employees in becoming familiar with the organization’s environment and adapting to it fast and readily.

The sales training and onboarding software market is divided into four regions: the United States, Europe, Asia Pacific, and the Rest of the World. United States led the sales training and onboarding software market, followed by Europe, APAC, South America, and MEA.

KEY TAKEAWAYS:

The cloud-based category in the type sector of the sales training and onboarding software market is expected to grow at a CAGR of 8.1% through 2032.

The large enterprises in the application segment of the sales training and onboarding software market are increasing at a CAGR of 7.9% through 2032.

The sales training and onboarding software market in the United States is expected to reach US$ 3.4 Billion by 2032, growing at a CAGR of 8% through 2032.

By 2032, the UK’s sales training and onboarding software market is predicted to be valued at US$ 398.7 Million, with a CAGR of 7.2% through 2032.

With a CAGR of 7.7% through 2032, China’s sales training and onboarding software market is predicted to reach US$ 697.2 Million by 2032.

By 2032, the market for sales training and onboarding software in Japan is estimated to be worth US$ 566.2 Million, growing at an annual rate of 6.7% through 2032.

With a CAGR of 5.8% throughout the forecast period, South Korea is predicted to reach a market size of US$ 328.6 Million in sales training and onboarding software by 2032.

COMPETITIVE LANDSCAPE:

The top key players of the sales training and onboarding software market include Showpad, MindTickle, Lessonly, Allego, Brainshark, Bridge, LevelJump, SalesHood, Qstream, TalentLMS, Mindmatrix, PointForward, and CommercialTribe.

RECENT DEVELOPMENT:

Acquisitions:

Launchways and Rippling announced a cooperation in November 2019 to assist clients simplify their HR and IT activities. Customers will benefit from a consolidated software layer and extensive service offerings as a result of this relationship.

Partnerships:

LumApps and ProcessMaker formed a cooperation in September 2018. The agreement was formed in order to create collaborative solutions that combine ProcessMaker’s simple process automation with LumApps’ proven ability to engage workers and centralise all internal communications.

To know more:

https://www.futuremarketinsights.com/reports/sales-training-and-onboarding-software-market

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rupeshbidkar
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Cloud Services Market is set to further aggrandize at a CAGR of nearly 17.5% through 2030

Cloud Services Market is expected to reach a valuation of 2.5 Bn by 2030. The market is set to further aggrandize at a CAGR of nearly 17.5% through 2030

Along with BFSI, the government, healthcare, and other sectors, educational institutions are quickly implementing email-as-a-service on a broad scale. To help its workers with daily administrative chores, several universities provide email options. Cloud service providers implement, operate, and support these email solutions. A user receives 10 GB of mail inbox storage that can be accessed from anywhere when a school implements cloud-based email, among other upgraded capabilities. Additionally, it gives 25GB of free internet storage and instant chat functionality.

The demand for cloud-based services to access data on various devices without requiring any physical data transmission is greatly influenced by the number of devices per user. However, this is only advantageous for those that have access to data across numerous devices. Therefore, when more gadgets, such Smart TVs, smartphones, and PCs, are embraced by customers, there is a considerable rise in demand for cloud services.

Software as a service (SaaS) is one of the most popular service delivery paradigms. According to FMI's forecast, it will expand by 21.6% year over year in 2021. According to Future Market Insights, the global market for cloud services is anticipated to grow gradually from 2020 to 2030 at a CAGR of 20.4 percent.

Key Takeaways of Cloud Services Market Study

• Cloud services market will exhibit impressive Y-o-Y growth at 19.9% CAGR in 2021. FMI projects growth trends to remain positive through the forecast period

• Both U.S. and Canada will exhibit remarkable growth as markets for cloud services. Of these, the U.S. will register 64.9% of North America market in 2021

• Exhibiting 20.7% Y-o-Y growth in 2021, the U.K. will emerge as a key market in Europe

• Germany and France will remain attractive spots for cloud services market

• Japan and South Korea will exhibit demand for cloud services at an accelerated pace through the forecast period

Demand for Cloud Services Increased Under Pandemic Crisis

Under the pandemic crisis of COVID-19, the demand for cloud solutions and services has increased significantly, as most of the workforce started working from home/remote places. There is an influx in demand of cloud solution and services as organisations are adopting to remote work, entertainment, gaming, education and virtually everything else.

Many organisations have changed their priorities and by utilizing cloud automation, businesses are increasing their online presence by developing commerce websites on cloud platforms to decrease the impact of COVID-19 on operational efficiency and productivity. Owing to such factors pubic cloud services market revenue is estimated to increase by 1.6X during 2019-2021.

Shift of Enterprises towards Cloud Based Services

Increasing usage of cloud-based services for multiple workloads such as email services, data backups, CRM, ERP and collaboration services is expected to drive growth of the cloud platforms, over the forecast period. Cost of cloud-based services is comparatively cheaper as these do not require setting up of IT infrastructure. Therefore, many companies are shifting towards adoption of security solutions in order to secure their workloads on the cloud without risks of cyber threat.

Who is Winning?

Some of the leading companies operating in the cloud services market are Microsoft Corporation, IBM Corporation, Cisco System, Inc., AWS, Oracle Corporation, Dell Technologies, SAP, Google, Fujitsu Global, Rackspace Technology, Inc. and others. These companies are expected to focus on various expansion strategies to gain competitive advantage.

For instance, Google LLP acquired Cornerstone Technology, which is based in Netherlands and specializes in mitigating enterprise workloads, in February 2020. This acquisition helped Google LLP to expand its customer base across Europe.

More Valuable Insights on Cloud Services Market

In its latest report, Future Market Insights offers an unbiased analysis of the global cloud services market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2020-2030. To understand opportunities in the cloud services market, the market is segmented on the basis of service model (Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)), deployment (public cloud, private cloud, hybrid cloud), enterprise size (large enterprises, small and medium enterprises), industry (BFSI, IT & Telecom, Healthcare, Manufacturing, Government, Others) across six major regions.

Key Segments Covered of the Cloud Services Market

Service Model

• Software as a Service (SaaS)

• Platform as a Service (PaaS)

• Infrastructure as a Service (IaaS)

Deployment

• Public Cloud

• Private Cloud

• Hybrid Cloud

Enterprise Size

• SMEs

• Large Enterprise

Industry

• BFSI

• IT & Telecom

• Healthcare

• Manufacturing

• Government

• Others

Region

• North America

• Latin America

• Europe

• East Asia

• South Asia & Pacific

• Middle East & Africa (MEA)

To know more:

https://www.futuremarketinsights.com/reports/cloud-services-market

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rupeshbidkar
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Cloud Services Market is expected to reach a valuation of 2.5 Bn by the year 2030

Cloud Services Market is expected to reach a valuation of 2.5 Bn by 2030. The market is set to further aggrandize at a CAGR of nearly 17.5% through 2030

Along with BFSI, the government, healthcare, and other sectors, educational institutions are quickly implementing email-as-a-service on a broad scale. To help its workers with daily administrative chores, several universities provide email options. Cloud service providers implement, operate, and support these email solutions. A user receives 10 GB of mail inbox storage that can be accessed from anywhere when a school implements cloud-based email, among other upgraded capabilities. Additionally, it gives 25GB of free internet storage and instant chat functionality.

The demand for cloud-based services to access data on various devices without requiring any physical data transmission is greatly influenced by the number of devices per user. However, this is only advantageous for those that have access to data across numerous devices. Therefore, when more gadgets, such Smart TVs, smartphones, and PCs, are embraced by customers, there is a considerable rise in demand for cloud services.

Software as a service (SaaS) is one of the most popular service delivery paradigms. According to FMI's forecast, it will expand by 21.6% year over year in 2021. According to Future Market Insights, the global market for cloud services is anticipated to grow gradually from 2020 to 2030 at a CAGR of 20.4 percent.

Key Takeaways of Cloud Services Market Study

Cloud services market will exhibit impressive Y-o-Y growth at 19.9% CAGR in 2021. FMI projects growth trends to remain positive through the forecast period

Both U.S. and Canada will exhibit remarkable growth as markets for cloud services. Of these, the U.S. will register 64.9% of North America market in 2021

Exhibiting 20.7% Y-o-Y growth in 2021, the U.K. will emerge as a key market in Europe

Germany and France will remain attractive spots for cloud services market

Japan and South Korea will exhibit demand for cloud services at an accelerated pace through the forecast period

Demand for Cloud Services Increased Under Pandemic Crisis

Under the pandemic crisis of COVID-19, the demand for cloud solutions and services has increased significantly, as most of the workforce started working from home/remote places. There is an influx in demand of cloud solution and services as organisations are adopting to remote work, entertainment, gaming, education and virtually everything else.

Many organisations have changed their priorities and by utilizing cloud automation, businesses are increasing their online presence by developing commerce websites on cloud platforms to decrease the impact of COVID-19 on operational efficiency and productivity. Owing to such factors pubic cloud services market revenue is estimated to increase by 1.6X during 2019-2021.

Shift of Enterprises towards Cloud Based Services

Increasing usage of cloud-based services for multiple workloads such as email services, data backups, CRM, ERP and collaboration services is expected to drive growth of the cloud platforms, over the forecast period. Cost of cloud-based services is comparatively cheaper as these do not require setting up of IT infrastructure. Therefore, many companies are shifting towards adoption of security solutions in order to secure their workloads on the cloud without risks of cyber threat.

Who is Winning?

Some of the leading companies operating in the cloud services market are Microsoft Corporation, IBM Corporation, Cisco System, Inc., AWS, Oracle Corporation, Dell Technologies, SAP, Google, Fujitsu Global, Rackspace Technology, Inc. and others. These companies are expected to focus on various expansion strategies to gain competitive advantage.

For instance, Google LLP acquired Cornerstone Technology, which is based in Netherlands and specializes in mitigating enterprise workloads, in February 2020. This acquisition helped Google LLP to expand its customer base across Europe.

More Valuable Insights on Cloud Services Market

In its latest report, Future Market Insights offers an unbiased analysis of the global cloud services market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2020-2030. To understand opportunities in the cloud services market, the market is segmented on the basis of service model (Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)), deployment (public cloud, private cloud, hybrid cloud), enterprise size (large enterprises, small and medium enterprises), industry (BFSI, IT & Telecom, Healthcare, Manufacturing, Government, Others) across six major regions.

Key Segments Covered of the Cloud Services Market

Service Model

Software as a Service (SaaS)

Platform as a Service (PaaS)

Infrastructure as a Service (IaaS)

Deployment

Public Cloud

Private Cloud

Hybrid Cloud

Enterprise Size

SMEs

Large Enterprise

Industry

BFSI

IT & Telecom

Healthcare

Manufacturing

Government

Others

Region

North America

Latin America

Europe

East Asia

South Asia & Pacific

Middle East & Africa (MEA)

To know more:

https://www.futuremarketinsights.com/reports/cloud-services-market

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rupeshbidkar
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In Vehicles Payment Market is estimated CAGR of 11.6% during the projected period

With an estimated CAGR of 11.6% during the projected period, the in-vehicle payments market share is expected to reach US$ 12.6 billion by 2032, finds a recent report published by FMI. The study finds that the rising demand reflects the adoption of in-vehicle payments.

Sales of in-vehicle payments are expected to rise significantly. In addition to this, sales of in-vehicle payments are rising, accounting for US$ 6.5 Bn by 2026. Increasing sales of in-vehicle payments are also projected to contribute to the growth of the in-vehicle payments market share.

During the COVID-19 epidemic, government-enforced lockdowns prohibited the use of passenger automobiles and public transportation. So, like the global automotive sector, in-vehicle payments systems will see slow market growth in 2020. As demand for contactless payment options grew globally, lockout limitations were eased in the coming years.

Moreover, big corporations started rolling out contactless payment options in-vehicle, resulting in the market recovery. The increased need for contactless payment solutions due to pandemics, for example, led to Mercedes introducing contactless petrol payment in March 2021 in Germany. By the end of 2021, the company plans to spread its fuel & pay service to additional European nations.

Connected automobiles are vehicles that can interact with other technologies via the user’s daily life. Connected automobiles use their connectivity to allow passengers to pay in-car. As a result, the increasing use of linked automobiles is likely to increase global sales of in-vehicle payments systems. Also, major brands like Mastercard and Visa are investing in linked auto payment technology, which will likely boost market growth in the near future.

On the other hand, the global maturing 5G connection rollout, along with increasing autonomy in autonomous and connected cars, is likely to boost market development. Moreover, the increased use of connected automobiles in emerging markets like China and India is expected to drive demand for in-vehicle payment.

Manufacturers in the in-vehicle payments market get a big platform from which to serve the whole demand for in-vehicle payments. The worldwide sales of in-vehicle payments are seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for in-vehicle payments more accessible to customers.

Key Takeaways:

• Thus, infrastructure expansion for in-car payment is projected to drive market growth in the near future.

• In addition to the convenience of paying via mobile devices and on-demand applications, the increased popularity of digital payment apps such as Google Pay, Apple Pay, and Amazon Pay is likely to fuel sector growth during the projection period.

• The QR code/RFID industry is also predicted to develop rapidly in the future.

• As of 2020, North America led the global market with a USD 1.38 billion market share.

• The Asia Pacific is predicted to grow at a rapid rate in terms of sales of in-vehicle payments.

Competitive Landscape

BMW AG, CarPay Diem Cerence Inc., Daimler AG, General Motors Company, Gentex Corporation, Harman International Industries, Inc., Honda Motor Company, Ltd., Hyundai Motor Company, Jaguar Land Rover Automotive PLC, Mastercard Inc., Telenav Inc., ThinxNet GmbH, Visa Inc., Xevo Inc., and ZF Friedrichshafen AG.

• In January 2019, Visa announced cooperation with SiriusXM Linked Vehicles Services Inc. to improve the in-car customer experience and provide manufacturers that use SiriusXM’s connected vehicle services with a SiriusXM e-wallet. Visa account customers will be able to use these payment services to pay for things like petrol, coffee, parking, movie tickets, and more.

• Parkopedia launched a new multi-domain payment platform in May 2021. Parkopedia introduced its new integrated multi-domain payment platform in May 2021, which will enable all key in-vehicle payments, such as EV charging, parking, tolls, and fuelling.

Key Segments

By Mode of Payment

• NFC, QR Code/RFID

• Apple- Wallet

• Credit/Debit Card

By Application

• Parking, Gas/Charging Stations

• Shopping

• Food/Coffee

• Toll Collection

• Others

By Region

• North America

• Latin America

• Europe

• Asia Pacific

• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

To know more:

https://www.futuremarketinsights.com/reports/in-vehicles-payment-market

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rupeshbidkar
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Model Based Manufacturing Technologies Market Comprehensive Analysis and Regional Forecast 2031

In recent years, the manufacturing industry has witnessed sluggish growth owing to various macro-economic factors such as Brexit concerns, fluctuations of oil prices, and foreign trade policies. Tech developments in model-based offerings are expected to play a key role in the future of the sector. According to a recent report by Future Market Insights (FMI), the global model-based manufacturing technologies market is estimated to register a CAGR of over 8% during the forecast period of 2021-2031.

Performance requirement among manufacturers from new tool and equipment designs for higher efficiency is increasing. This has encouraged industrial manufacturers to focus on developing technology platforms and new operating models that enable connected products and services for integration to their customer operations.

This trend of technological development is expected to support growth of the market. Moreover, rapid technological advancements in the automobile industry, have resulted in an increase in demand for model-based manufacturing technologies to improve economic competitiveness.

Key Takeaways: Model Based Manufacturing Technologies Market

The cloud deployment segment will reflect relatively faster growth with a CAGR of 8.7%, owing to the benefits of remote access.

Large enterprises are estimated to contribute over 59% of the overall market. However, small and medium enterprises (SMEs) are likely to reflect a strong CAGR of above 8%.

Among end-use industries, the automotive segment is anticipated to hold the dominant share of 23.8% in 2021, backed by the rise of IoT connectivity opportunities.

The U.S. is projected to account for over 81% of North America owing to adoption of next-gen emerging technologies.

The market in India is expected to progress at a noteworthy CAGR of more than 13% through 2031, driven by an expanding automotive sector.

The U.K. market is expected to rise at a CAGR of close to 10% over the coming decade, with impetus from research and development programs.

COVID-19 Impact Analysis on Model Based Manufacturing Technologies Market

The covid-19 pandemic has adversely affected the global manufacturing industry. This disruption has brought attention to some of the leading challenges faced by the industry and have also highlighted the need to speed up production to boost supply chain resilience. In addition, the economic uncertainties have resulted in pressure on manufacturers to bring down costs while increasing overall efficiency.

Model based manufacturing technologies are likely to create a safer working environment by using automated manufacturing assets which use intelligent decision-making algorithms and networked sensors. Model-based manufacturing technologies facilitate goods and service operations, mitigating the severity of industrial chain disruption. Hence, the model-based manufacturing technologies market is estimated to grow at 6% to 7% Y-o-Y from 2019 to 2021.

Who is Winning?

Leading manufacturers in the moderately consolidated model-based manufacturing technologies market are focused on product and services development endeavors, while also pushing for geographical expansion strategies to leverage previously untapped markets in emerging economies.

Leading players in the market include but are not limited to Aspen Technology Inc., Oracle Corp., SAP SE, Honeywell International Inc., Ibaset Inc., Autodesk Inc., PTC, Inc., Siemens PLM Software Inc., Rockwell Automation, Inc., Dassault Systemes, Schneider Electric SE, ABB Ltd., Seabrook Technology Group, Vero Software Ltd. Sogeti High Tech SAS, KPIT Technologies Limited, General Electric Company, Statii Ltd., CNC Software, Inc., and Cimatron Technologies, Inc

Model Based Manufacturing Technologies Market by Category

By Solution:

Software

Manufacturing Execution Systems (MES) Software

Material Requirements Planning (MRP) Software

Product Lifecycle Management (PLM) Software

CAD/CAM Software

Manufacturing ERP Software

Others

Services

Professional Services

Managed Services

By Deployment:

Cloud

On-premises

By Enterprise Size:

Small and Medium Enterprises (SMEs)

Large Enterprises

By Industry:

Automotive

Electronics and Semiconductors

Aerospace and Defense

Oil & Gas

Healthcare & Pharmaceuticals

Food & Beverages

Others

By Region:

North America

Latin America

Europe

East Asia

South Asia & Pacific

Middle East and Africa (MEA)

To know more:

https://www.futuremarketinsights.com/reports/model-based-manufacturing-technologies-market

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rupeshbidkar
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X-Band Radar Market Trend, Growth, Size, Share, Analysis | 2026

X-band radars are vastly used in surveillance and navigation systems of borders, aircraft, sea or coast. These radars also regulate air-traffic control systems at airports and also control long-ranged defence surveillance and alarming systems. In a published report by Future Market Insights (FMI), the global x-band radars market is expected to witness robust growth throughout the forecast period, (2016–2026).

In addition, the report is estimated that the market will expand at a CAGR of 3.8% over the assessment period. Furthermore, the mobile x-band radar type segment is likely to witness an expansion of 4.1% CAGR and the sea-based x-band radar type segment is foreseen to expand at a CAGR of 3.8% in the forthcoming period.

Key Segments with Dynamics of Global Market for X-Band Radar

The report has provided a thorough forecast on the segments of the global market for x-band Radar. There are three major segments, such as different types of x-band radars, various system components and regions, in the market with their further segments.

On the basis of different types of x-band radar, there are two sub-segments, such as sea-based x-band radar and mobile x-band radar. Mostly in aircrafts and coastal areas, the mobile x-band radars are installed. And, the sea x-band radars are fixed on a floating tower that is attached in the sea. Dual-polarization and doppler are the two main features of mobile x-band radar. With a mobile x-band radar, rain, polarization parameters and radial winds can be measured in coastal areas and aircraft. Besides, this radar is moveable to both coastal and border areas.

The system component segment has further segmented into command & control system and communication system. Furthermore, it is expected that the command & control system segment is estimated to expand at a CAGR of 4.0% along with the largest market share during the forecast period. As per the strict instruction from government, 24/7 security and surveillance has become a compulsion due to identification of both internal and external crimes.

On the basis of geography, there are six major regions, include Latin America, Western Europe, North America, Eastern Europe, Middle East & Africa (MEA) and Asia-Pacific excluding Japan, have strong implementation of x-band radars. Henceforth, the x-band radars market in these regions are growing rapidly. U.S and Canada are the two growing cities in North America that are expanding robustly in the approaching years.

In addition, most of the radar manufacturers are from U.S., who provide the security & surveillance need to its government. Some of the countries, such as France, Spain, Germany, Italy, Nordic, U.K. and Benelux in Western Europe, are expected to grow rapidly in the near future. Maximum share of revenue to the global x-band radar market are coming from both Western Europe and North America regions. Besides, Brazil and Mexico are the two major countries in Latin America that are likely to witness a progressive demand for x-band radars in the upcoming years. In addition, India, ASEAN, ANZ & China in APEJ, Africa & GCC in MEA, Poland & Russia in Eastern Europe and Japan are the other developing

X-Band Radar Market Segmentation by Region

North America and Western Europe regions are major contributors to the global x-band radar market. Majority of radar manufacturers are based in the U.S. and are catering to the security and surveillance need of the U.S. government. In the Western Europe region, countries such as Germany, France, and U.K are contributing heavily in the market. In December 2015, U.K government entered into an agreement with Raytheon Company Corporation for Advanced Combat X-Band Radar.

X-Band Radar Market Key Segments Covered

Key Segments Covered

• By Type

• Mobile X-band Radar

• Sea-Based X-band Radar

• By System Component

• Command and Control System

• Communication System

Key Regions/Countries Covered

• North America

• U.S.

• Canada

• Latin America

• Mexico

• Brazil

• Rest of LATAM

• APAC Excluding Japan (APEJ)

• China

• India

• ASEAN

• ANZ

• Rest of Asia-Pacific

• Japan

• Eastern Europe

• Russia

• Poland

• Rest of Eastern Europe

• Western Europe

• Germany

• France

• U.K.

• Spain

• Italy

• Nordic

• Benelux

• Rest of Western Europe

• Middle East & Africa

• GCC

• Africa

• Africa

• Rest of MEA

To know more:

https://www.futuremarketinsights.com/reports/x-band-radar-market

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