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Market Leader - Agriculture Drones Market

The agriculture drones market is expected to grow from USD 1.2 billion by 2019 to USD 4.8 billion by 2024 at a CAGR of 31.4%. A few key factors driving the growth of this market are pressure on global food supply due to growing world population and increase in venture funding for the development of agriculture drones.

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May 17, 2019

Fermenta Biotech Ltd. (India) and Koninklijke DSM N.V. (Netherlands) are the Major players in the Vitamin D Market

The vitamin D market, in terms of value, is estimated to account for nearly USD 1.1 billion in 2019 and projected to grow at a CAGR of 7.0%, to reach nearly USD 1.7 billion by 2025. The vitamin D market has been growing in accordance with the rise in demand and consumption of feed around the world. The feed industry is witnessing an upward trend in the demand for enriched feed products, which supports the demand for nutritional additives such as vitamin D. Furthermore, developing economies such as China and India, where there is a growing focus on animal nutrition, different vitamins are expected to experience a strong rise in the demand from the feed industry....... Read More
May 17, 2019

ResMed (US) and Koninklijke Philips (Netherlands) are leading players Sleep Apnea Devices Market

The global sleep apnea devices market is projected to reach USD 7.5 billion by 2024 from USD 4.5 billion in 2019, at a CAGR of 10.7%. Growth in the sleep apnea devices market can be attributed to factors such as a large pool of undiagnosed sleep apnea patients, growing awareness about the ill effects of untreated sleep apnea, growing usage of oral appliances, technological advancements in sleep apnea devices, influx of venture capital funding, and the increasing number of companies venturing into sleep apnea and oral appliances markets. Also, there are growth opportunities for the market due to the increasing demand for home healthcare and increasing focus on telemedicine and mHealth (mobile Health). On the other hand, the high cost of CPAP machines and complex referral pathways & long waiting periods are expected to be the key factors that restrain market growth to a certain extent during the forecast year.

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May 15, 2019

BAE Systems Plc. (UK) and Aselsan A.S. (Turkey) are leading players in Military Wearables Market

Military wearables are smart electronic devices and equipment that are either incorporated into the clothing of soldiers or are worn as implants or accessories by them. These devices not only improve mobility and comfort of soldiers but also offer them the reliability and ease of use. Military wearables are used for collecting and monitoring physical data, improving the effectiveness of training, and ensuring sustained performance enhancement, among others. The military wearables market is projected to grow from USD 4.2 billion in 2019 to USD 6.4 billion by 2025, at a CAGR of 7.2% from 2019 to 2025.

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May 14, 2019

IDEXX Laboratories, Inc. (US), Zoetis, Inc. (US), and Heska Corporation (US) are the leading players in the Veterinary Rapid Tests Market

The global veterinary rapid tests market is projected to reach USD 854 million by 2024 from USD 573 million in 2019, at a CAGR of 8.3% during the forecast period. The increasing prevalence of zoonotic diseases among companion and livestock animals and the growing need for the rapid detection of these diseases are the major factors driving the growth of this market. The growing companion animal population and the rising demand for animal-derived food products are the other major factors driving market growth.

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May 14, 2019

Market Leaders - Low Voltage DC Circuit Breaker Market

The global low voltage DC circuit breaker market is expected to grow from an estimated USD 1.2 billion in 2019 to USD 1.5 billion by 2024, at a CAGR of 5.68 %. The growth of this market is driven by replacement & refurbishment of aging infrastructure for safe and secure electrical distribution systems, battery systems for the sake of power storage, and avoidance of peaks and surges occurring due to the inconsistency in generation from renewables, expansion in transmission & distribution networks, and need of low voltage DC circuit breakers in the transportation segment.

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May 13, 2019

Market Leaders - Industrial Wastewater Treatment Market

The industrial wastewater treatment market size is estimated at USD 11.3 billion in 2019 and is projected to reach USD 15.0 billion by 2024, at a CAGR of 5.8%. The stringent environmental regulations pertaining to emission and treatment of industrial waste and depleting freshwater resources are driving the demand for industrial wastewater treatment during the forecast period.

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May 13, 2019

Adobe Systems (US) and IBM (US) are leading players in Customer Experience Management Market

MarketsandMarkets expects the customer experience management market to grow from USD 7.8 billion in 2019 to USD 14.5 billion by 2024, at a CAGR of 13.3% during the forecast period. Customer Experience Management (CEM) is a set of processes that are used to track customer feedback, understand customer expectations, and improve the overall customer experience, in order to help businesses reach new markets through different touchpoints. The need to improve customer engagement and reduce customer churn rate is driving companies to adopt customer experience management solutions.

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May 13, 2019

Stratasys (US) and Arkema SA (France) are the Key Players in the 3D Printing Materials Market

The 3D printing materials market size is estimated to grow from USD 1.5 billion in 2019 to USD 4.5 billion by 2024, at a CAGR of 25% between 2019 and 2024. 3D printing has been regarded as one of the major disruptive technologies of this century transitioning from prototyping to a potential production method across various industries. 3D printing, also referred to as additive manufacturing, is expected to have a positive impact on various end-use industries such as aerospace & defense, healthcare, automotive, and consumer goods to name a few....... Read More
May 13, 2019

Akamai and AWS are Leading Vendor of Content Delivery Network Market

The global Content Delivery Network (CDN) market size is projected to grow from USD 12.4 billion in 2019 to USD 22.1 billion by 2024, at a CAGR of 12.3% during the forecast period. Major factors driving the market include an increasing need for optimized live delivery and demand for enhanced QoE and QoS.

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May 13, 2019

Cianna Medical (US) and Endomagnetics (UK) are the Prominent Players in the Breast Lesion Localization Methods Market

The global breast lesion localization methods market is expected to grow from USD 413 million in 2018 to USD 598 million by 2024, at a CAGR of 6.3% during the forecast period. The growth of this market is primarily driven by factors such as the rising incidence of breast cancer, an increasing number of breast cancer surgeries, and growing awareness on the early detection of breast cancer....... Read More
May 10, 2019

Tesla (US) and ABB (Switzerland) are the Leading Players in the Electric Vehicle Supply Equipment Market

The electric vehicle supply equipment market is projected to reach USD 27.7 billion by 2027 from an estimated USD 2.5 billion in 2019, at a CAGR of 34.7% during the forecast period. The base year for the report is 2018, and the forecast period is from 2019 to 2027. The electric vehicle supply equipment market has witnessed rapid evolution with the ongoing developments in charging infrastructure and technology. Technological advancements in EV charging and enhanced range of distance covered by electric vehicles are some of the major factors driving the growth of the electric vehicle supply equipment market. In addition, the growing sensitivity of various governments toward a cleaner environment has increased the demand for zero-emission vehicles, which is one of the driving factors in electric vehicle supply equipment market. Developed nations such as the US, Germany, and the UK are actively promoting the use of electric vehicles to reduce emissions, which has resulted in the growth of electric vehicle charging infrastructure....... Read More
May 10, 2019

Crestliner (Illinois, USA) and Groupe Beneteau (Illinois, USA) are the Key Players in the Recreational Boats Market

The recreational boats market is projected to grow from USD 26.7 billion to USD 33.7 billion by 2027 at a CAGR of 3.02%. Rising disposable income have boosted travel and tourism activity across the globe. There has been many boat events, championships, and tournaments arranged in North America and Europe. The trend of purchasing a recreational boat for leisure activity is also booming in developing countries like India, China, etc. The advanced technological features and new propulsion system for the reduction of pollution are some of the major factors for the growth of the market....... Read More
May 10, 2019

AlienVault (US) and Thales e-Security (France) are leading players in SOC as a Service Market

The global SOC as a service market size is expected to grow from USD 372 million in 2019 to USD 1,137 million by 2024, at a Compound Annual Growth Rate (CAGR) of 25.0% during 2019–2024. Major driving factors for the market include an exponential rise and sophistication of cyber-attacks and cumbersome administration after threat detection.

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May 10, 2019

Key players adopted various growth strategies, such as partnerships, agreements, and collaborations; and new product launches, to further expand their presence in the global Payment Processing Solutions Market

The global payment processing solutions market size is expected to grow from USD 39.3 billion in 2019 to USD 64.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period. Major driving factors for the payment processing solutions market are the growing initiatives for the promotion of digital and online payments, high proliferation of smartphones, focus on improving customer experience, and customers’ demand for immediacy of payments and settlements. These factors are expected to drive the global payment processing solutions market.

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May 10, 2019

Microsoft (US) and Oracle (US) are leading players in Europe Cloud CRM Market

Customer Relationship Management (CRM) is a software used to manage and synchronize an organization’s interaction with current and potential future customers, staffs, volunteers, and other members related to one’s organization. Similarly, for higher education, CRM is a software used for managing and improving collaboration among students, faculty members, staffs, alumni, parents, and other stakeholders of a university. It can also be used for student selection and recruitment purposes. It includes various components of the software, such as cloud-based applications, complete solution suite (cloud-based or on-premises), database, and services. The CRM software may be provided on cloud or on-premises, depending on the need of organization or university.

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May 10, 2019

Gemalto (Netherlands) and Ping Identity (US) are leading players in Security Assertion Markup Language (SAML) Authentication Market

The global Security Assertion Markup Language (SAML) authentication market is expected to grow from USD 1.5 billion in 2019 to USD 3.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 14.2% from 2019 to 2024.

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May 10, 2019

Nan Ya Plastics Corporation (Taiwan) and Agfa-Gevaert Group (Belgium) are the Key Players in the Synthetic Paper Market

The synthetic paper market is estimated at USD 587 million in 2019, and is projected to reach USD 873 million by 2024, at a CAGR of 8.3% from 2019 to 2024. Increasing applications in labels, printing, and paper bags are leading to the demand for synthetic paper from end-use industries. Synthetic papers are used owing to properties, such as water resistance, tear resistance, chemical resistance, and dimensional stability, among others. Major end-use industries of synthetic paper include paper, packaging, and others....... Read More
May 9, 2019

BASF (Germany) and Sto SE & Co KGaA (Germany) are the Major Players in the Facade Systems Market

he global façade systems market size is projected to grow from USD 272.7 billion in 2018 to USD 397.2 billion by 2023, at a compound annual growth rate (CAGR) of 7.8% during the forecast period. The increasing use of façade panels in the non-residential industry is projected to drive the growth of the façade systems market....... Read More
May 9, 2019

Jumio is one of the Leading Providers of Identity Verification Market

The global identity verification market size is expected to grow from USD 6.0 billion in 2018 to USD 12.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 16.0% during 2019–2024. Major driving factors for the market include various factors, such as increasing emphasis on compliance management and rising number of identity-related frauds and data breaches. The workforce has become more mobile these days; moreover, the Bring Your Own Device (BYOD) approach is increasing the use of web and mobile applications.

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May 9, 2019

Google (US) and Microsoft (US) are leading players in Conversational Systems Market

MarketsandMarkets forecasts the global conversational systems market size to grow from USD 4.6 billion in 2019 to USD 17.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 30.8% during 2019–2024. An increasing demand for AI-powered customer support services and highly advanced AI and NLP tools are bolstering the conversational systems market growth.

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May 9, 2019

Market Leadership - Laser Sensor Market

The laser sensor market is expected to grow from USD 535 million in 2019 to USD 863 million by 2024—growing at a CAGR of 10.0%.  Major factors driving the market growth include the high demand for laser sensors in the food manufacturing industry, advent of Industry 4.0 and smart manufacturing, and increased government initiatives toward automation.

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May 9, 2019

Darktarce (UK) and Cylance (US) are Top 2 players in Artificial Intelligence in Cybersecurity Market

The AI in cybersecurity market is projected to reach USD 38.2 billion by 2026 from USD 8.8 billion in 2019, at the highest CAGR of 23.3%. Major drivers for the market’s growth are growing adoption of IoT and increasing number of connected devices, rising instances of cyber threat, growing concerns of data pr, and increasing vulnerability of Wi-Fi networks to security threats. Furthermore, underlying opportunities for the AI in cybersecurity market include growing need for cloud-based security solutions among SMEs, and increased use of social media for business functions. Major restraints for the market are inability of AI to stop zero-day and advanced threats, and rise in insider cyber threats. Limited number of cybersecurity and AI professionals, and lack of interoperability with existing information systems pose major challenges to the AI in cybersecurity market.

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May 9, 2019

Honeywell International, Inc. (US) and TE Connectivity Ltd. (Switzerland) are the Major Players in Aircraft Sensors Market

Aircraft sensors are an integral component of instrumentation systems of an aircraft. These sensors are used to monitor the condition of aircraft engines, different aircraft components, and altitude of an aircraft, cabin environment, and weather conditions and capture information regarding these parameters. Aircraft sensors include pressure sensors, temperature sensors, force sensors, torque sensors, altimeter sensors, accelerometers, speed sensors, position or displacement sensors, proximity sensors, gyroscopes, smoke detection sensors, level sensors, flow sensors, GPS sensor, pitot probes, radar sensors, and Angle-of-Attack (AoA) sensors.

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May 9, 2019

General Electric Company and Rolls-Royce are the Key Players in the Ceramic Matrix Composites Market

The ceramic matrix composites market size is estimated to be USD 9.4 billion in 2019 and is projected to reach USD 23.3 billion by 2029, at a CAGR of 9.5% between 2019 and 2029. Owing to their superior performance properties such as low fracture toughness, brittleness, and thermal shock resistance over traditional metals, and alloys, ceramic matrix composites are gaining increased demand in various industries such as aerospace & defense, automotive, energy & power, and industrial. ...... Read More
May 9, 2019

GE Healthcare (US) and Siemens Healthineers (Germany) are Major Players in Diagnostic Imaging Market

The global diagnostic imaging market is projected to reach USD 33.5 billion by 2024 from USD 25.7 billion in 2019, at a CAGR of 5.5% from 2019 to 2024. The growth of this market is primarily driven by the increasing demand for early disease diagnosis and widening scope of clinical applications, rapidly growing geriatric population and the subsequent increase in the prevalence of associated diseases, technological advancements in diagnostic imaging industry, and increasing investments, funds, and grants by public-private organizations. However, the high cost of diagnostic imaging systems, technological limitations associated with standalone systems, declining reimbursements, increasing regulatory burden in the US, and the shortage of helium availability are expected to limit market growth to a certain extent.

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May 8, 2019

Key Revenue Pockets - Machine Vision Market

The machine vision market is expected to reach USD 14.0 billion by 2024 from USD 9.9 billion in 2019, at a CAGR of 7.1% from 2019 to 2024. Machine vision is a combination of mechanical, optical, electronic, and software systems used to examine objects, surfaces, materials, and manufacturing processes to detect defects. It helps improve quality and operational efficiency in various manufacturing industries. The increasing adoption of Industrial 4.0 and IoT and growing demand for artificial intelligence play a significant role in the growth of the machine vision market.

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May 8, 2019

Scotts Miracle-Gro (US) and AeroFarms (US) are the Leading Players in the Hydroponics Market

The hydroponics market is estimated to be valued at USD 8.1 billion in 2019 and is projected to reach USD 16.0 billion by 2025, at a CAGR of 12.1% during the forecast period. The growth of the hydroponics market is driven by factors such as the need to ensure food security for the increasing population through alternative high-yield farming techniques....... Read More
May 8, 2019

ABB (Switzerland) and Toshiba (Japan) are the Major Players in the DC Circuit Breaker Market

The global DC Circuit Breaker market is expected to grow from an estimated USD 2.3 billion in 2019 to USD 3.2 billion by 2024, at a CAGR of 6.54%. Factors such as increasing demand for reliable and resilient power supply worldwide, increasing investments, infrastructure development projects, and growing adoption of renewable resources are driving the DC circuit breaker market....... Read More
May 8, 2019

Microsoft (US) and Alibaba (China) are leading players in Citizen Services AI Market

The global citizen services AI market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 46.3% during the forecast period, to reach USD 9.7 billion by 2024 from USD 1.5 billion in 2019. Increased focus on digital delivery of citizen services, reduced cost, and enhanced focus on citizen experience are expected to spur the demand for citizen services AI offerings across the globe.

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May 8, 2019

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