Shin-Etsu Chemicals (Japan) and Dow (US) are the Leading Players in the Conformal Coating Market

Market Leader - Infrared Detector Market

The global Infrared detector market is expected to grow from USD 446 million in 2021 to USD 619 million by 2026, at a CAGR of 6.8%. Increasing demand for Infrared detector products in medical & life sciences and IT & telecommunications industry to drive the market.

SAP (Germany) and Teradata (US) are Leading Players in the Predictive Analytics Market

The global Predictive Analytics market size to grow from USD 10.5 billion in 2021 to USD 28.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. Various factors such as increasing use of AI and ML and acquisitions and product launches in this market are expected to drive the adoption of Predictive Analytics software and services.

Terumo Corporation (Japan), Abbott (US) and Cardinal Health (US) are leading players in Vascular Closure Devices Market

The global vascular closure devices market is projected to reach USD 1.3 billion by 2026 from USD 0.9 billion in 2021, at a CAGR of 7.0% during the forecast period. The growth in this market can be attributed to a large number of approvals for vascular closure devices, high prevalence of cardiovascular diseases, increasing prevalence of obesity, increasing focus of market players on large-bore vascular closure devices, growing geriatric population, favorable reimbursement scenario for interventional radiology procedures, and rising focus on effective blood loss management in patients during surgeries. Emerging markets providing growth opportunities for market players and growth in the number of hospitals & surgical centers are expected to offer strong growth opportunities for players in the market. In contrast, the need for highly skilled professionals, risks associated with vascular closure devices and stringent regulatory framework may challenge market growth to a certain extent. The vascular closure devices market is segmented based on type, access, procedure, and region.

Parker-Hannifin Corporation (US) and Chevron Corporation (Switzerland) are leading players in Oil Condition Monitoring Market

The global oil condition monitoring market is expected to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026; it is expected to grow at a CAGR of 6.1% during 2021–2026. Key factors fueling this markets growth include surging demand for cost-effective solutions for maintaining machinery health, increasing awareness regarding the importance of oil condition monitoring among industries, and growing focus on reducing maintenance costs. Growing demand for energy and increasing adoption of big data analytics and IIoT create a strong demand for oil condition monitoring for efficient industrial operations in the midst of COVID-19.

John Deere (US) and Trimble (US) are the Major Players in the Smart Agriculture Market

Market Leadership - Gesture Recognition and Touchless Sensing Market

The gesture recognition and touchless sensing market is projected to reach USD 37.6 billion by 2026 from USD 13.6 billion in 2021; it is expected to grow at a CAGR of 22.6% from 2021 to 2026. North America has the largest market share for gesture recognition and touchless sensing. Whereas, APAC has the highest growth rate and is expected to grow at the highest CAGR during the forecast period owing to the rapidly changing face of technology and customer needs in high-potential markets such as China, Japan, South Korea, and India. Due to advancements in technology and the emergence of new business models as well as new infrastructural developments in the developing cities of the region, the gesture recognition and touchless sensing market is exhibiting an upbeat outlook. The growing awareness of hygiene and advancement of security standards would further fuel the adoption of gesture recognition and touchless sensings in APAC. Furthermore, growth in end-use sectors and mounting investments from government bodies are also favoring the growth of the gesture recognition and touchless sensing market in the region. Growing trend of smart homes, as well as use of VR in video games, are some of the are the major opportunities for the gesture recognition and touchless sensing market. On the other hand, factors such as the high replacement cost of, and user resistance for new products and the recent trade wars between US and China are restraining the growth of the gesture recognition and touchless sensing market. Disruption in commercial trade due to Covid-19 and high initial cost as well as complex framework of product technologies are few challenges that the manufacturers are facing.

The key development strategies, namely, new product launch/development, expansion, partnership/agreement, and acquisition, are adopted by leading players for boosting the growth of the Tow Prepreg Market

Tow prepreg (also referred to as towpreg) is a form of prepreg made using continuous fibers such as carbon, glass, and others. It is generally used as a material for the filament winding process to produce composite structures. Moreover, these tow prepregs can be used in various industries, including automotive & transportation, aerospace & defense, oil & gas, industrial, and sports & recreational.

ALFA LAVAL (Sweden), SPX FLOW, Inc. (US), and GEA Group Aktiengesellschaft (Germany) are the Major Players in the Hygienic Pumps and Valves Market

IBM (US) and Verizon Communications Inc. (US) are leading players in Managed Security Services (MSS) Market

The global MSS market size is projected to grow from USD 22.8 billion in 2021 to USD 43.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period. The major factors that are expected to drive the growth of the MSS market include the stringent government regulations, surge in trends such as BYOD, CYOD, and WFH, the rising security breaches and sophisticated cyberattacks across enterprises, and the cost-effectiveness in implementing MSS.

Cooper Companies Inc. (US) and Cook Group Incorporated (US) are the Major Players in the Infertility Treatment Market

Market Leadership - Electronic Design Automation Market

The global electronic design automation market was valued at USD 11.5 billion in 2020 and is estimated to reach USD 18.1 billion by 2026, registering a CAGR of 7.7% during the forecast period. The increasing demand for complex integrated circuits (ICs) and technologically advanced consumer electronics along with growing adoption of connected devices are the major driving factors for the growth of the electronic design automation market.

Accenture and SAP SE are leading players in Innovation Management Market

The innovation management market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period, to reach USD 1.7 billion by 2026 from USD 1.0 billion in 2021. Innovation management is the systematic promotion of innovation in organizations and includes the task of planning, organizing, managing, prioritizing, and controlling the innovation process of enterprises. It helps in shaping structure and business processes of organizations by successfully implementing new ideas from internal or external stakeholders. Innovation management solutions majorly focus on adding value to customers, employees, citizens, students, and faculty, among others. Innovative ideas, experience, and knowledge sharing result in value addition to organizations and bring a sense of engagement among employees and customers of organizations, thereby promoting efficiency, workplace innovation, and continuous improvement. Enterprises make the use of crowdsourcing techniques to share, collaborate, evaluate, prioritize, find, and carry out advancements in innovation management solutions.

Market Leader - Security as a Service Market

The global security as a service market size is expected to grow from USD 12.4 billion in 2021 to USD 23.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period. The key growth driver of the security as a service market are mandates to follow regulatory and data protection laws, increase in demand for cloud-based security solutions among SMEs, and high cost and risks in managing on-premises security solutions.

International Business Machines Corporation (IBM) (US), Optum (US), SAS Institute (US), Change Healthcare (US), EXLService Holdings (US), and Cotiviti (US) are the leading players in the Healthcare Fraud Analytics Market

The healthcare fraud analytics market is projected to reach USD 5.0 billion by 2026 from USD 1.5 billion in 2021, at a CAGR of 26.7% during the forecast period. The growth of the healthcare fraud analytics market can largely be attributed to factors such as a large number of fraudulent activities in healthcare, increasing number of patients seeking health insurance, high returns on investment, and the rising number of pharmacy claims-related frauds. However, the dearth of skilled personnel is expected to restrain the growth of this market.