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DowDuPont (US) and Microban International Ltd. (US) are the Key Players in the Antimicrobial Plastics Market

The antimicrobial plastics market is estimated to be USD 29.6 billion in 2018 and is expected to reach USD 43.1 billion by 2023, at a CAGR of 7.8% during the forecast period. Factors such as rising consumer awareness pertaining to the importance of antimicrobial plastics, rapid urbanization, growing population in APAC and South America, and increasing demand from the healthcare sector are driving the market....... Read More
March 26, 2019

Siemens (Germany) and General Electric (US) are the Leading Players in the Smart Factory Market

Smart factory solutions focus on the latest technologies and methods that are currently being adopted to improve the production of end-user industries. They are used in process and discrete industries by autonomous systems with the help of different technologies. The smart factory market is expected to be valued at USD 153.7 billion in 2019 and to grow USD 244.8 billion by 2024 at a CAGR of 9.76% between 2019 and 2024. Factors driving the market for the smart factory market are rising demand for industrial robots in manufacturing sector, increasing adoption of IIoT, importance of energy efficiency, cost reduction and resource optimization, and increasing emphasis on real-time data analysis. The main objective behind implementing smart factory is to increase the productivity and reduce the cost related to processes and employees, while increasing the flexibility and precision. Siemens (Germany), General Electric (US), ABB (Switzerland), Rockwell Automation (US), and Honeywell International (US) are the leading players in the smart factory market....... Read More
March 26, 2019

Market Leadership - Blockchain IoT Market

The blockchain IoT market is projected to grow from USD 113.1 million in 2019 to USD 3,021 million by 2024; it is expected to grow at a CAGR of 92.92%. Major factors propelling the market growth include increasing adoption of IoT, growing need for IoT security, simplifying business processes and affording transparency and immutability, and increasing focus on operational efficiency. Further, underlying opportunities for the blockchain IoT market include higher adoption of blockchain solutions for smart contracts and digital identity and rising government initiatives. Major factors restraining the market growth are uncertain regulatory status and higher latency with an increase in the number of nodes. The lack of awareness about blockchain technology and lack of standards pose major challenges to the blockchain IoT market.

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March 26, 2019

Market Leadership - 8K Technology Market

The 8K technology market is projected to reach USD 26.8 billion by 2024 from USD 2.9 billion in 2019 growing at a CAGR of 55.5%.

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March 26, 2019

Market Leaders - Electronic Logging Device Market

The global electronic logging device market is expected to grow in near future because of upcoming ELD mandate for fleet management in North America and also in some of the Asian countries. In addition to that, the growing need for operational efficiency in fleet owning organizations will also play a crucial role in the growth of the electronic logging device market. The global electronic logging device market, by new vehicle service and aftermarket service, is expected to be USD 12.5 billion in 2018 and is projected to reach USD 16.6 billion by 2025.

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March 26, 2019

Elekta (Sweden) and Electronic Registry Systems (ERS) are the Leading Players in the Cancer Registry Software Market

The cancer patient registry software market is projected to reach USD 91 million by 2024 from USD 56 million in 2019, at a CAGR of 10.4% during the forecast period. Growth in this market is majorly driven by the increasing prevalence of cancer, favorable government initiatives, rising pressure to improve the quality of care and reduce healthcare costs, rising adoption of EHRs, and the growing use of cancer patient registry data for post-marketing surveillance. On the other hand, factors such as privacy and data security-related concerns may restrain the growth of this market to a certain extent....... Read More
March 22, 2019

Henkel AG (Germany) and H.B. Fuller (US) are the Key Players in the Non-woven Adhesives Market

The non-woven adhesives market size is estimated to be USD 2.0 billion in 2018 and is projected to reach USD 3.1 billion by 2023, at a CAGR of 8.71%, between 2018 and 2023. The key market driver is the growing usage of non-woven adhesives in baby care, feminine hygiene, and adult incontinence applications. Along with that, the rising awareness for high-quality products and growing demand from APAC, the Middle East & Africa, and South America are also driving the growth. However, the growth of the non-woven adhesives market is stagnant in the baby diaper market in developed regions, and the market is affected by the volatility in raw material prices....... Read More
March 22, 2019

Key Revenue Pockets - Testing, Inspection, and Certification Market

Testing, inspection, and certification (TIC) services are provided to help manufacturers improve productivity, meet global standards, and enhance product quality. These services (i.e., testing, inspection, verification, validation, certification, auditing, consulting, technical assistance and training, environmental, quality-safety-health-and-environment, asset integrity management, and project management services) can be applied to any product or company, irrespective of the sector the company operates in. These services focus on assuring end users and consumers that the manufacturer has followed national and international regulations and industry standards to ensure quality, public health, and safety.

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March 22, 2019

Key players such as VMware, HPE, and Microsoft have majorly adopted many growth strategies in Software-Defined Data Center Market

The global Software-Defined Data Center (SDDC) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 23.6% during the forecast period, to reach USD 96.5 billion by 2023 from USD 33.5 billion in 2018. Increased automation and agility, and the need for delivering enhanced customer experience are expected to spur the demand for SDDC offerings across the globe.

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March 22, 2019

Market Leaders - Building Automation System Market

The BAS market is expected to grow from USD 75.0 billion in 2019 to USD 121.5 billion by 2024—growing at a CAGR of 10.12%. Favorable government initiatives and incentives, advancements in building technologies, and automation with data analytics provide lucrative opportunities for the players in the BAS market. Rapid infrastructure growth in developing nations and rise in the adoption of automated security systems in buildings are the major factors driving the market growth.
Key players operating in the BAS market include major players operating in different stages in the entire value chain of BAS; these players are Honeywell International (US), Siemens AG (Germany), Johnson Controls International (Ireland), Schneider Electric (France), United Technologies Corp. (US), Robert Bosch (Germany), Legrand (France), Hubbell (US), ABB (Switzerland), and Ingersoll-Rand (Ireland). Many major companies focus on the implementation of organic growth strategies, such as product launches, and inorganic strategies, such as acquisitions and expansions, to increase their revenue.

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March 20, 2019

Market Leader - Industrial Filters Market

The industrial filters market size is estimated at USD 2.7 billion in 2018 and is projected to reach USD 3.7 billion by 2023, at a CAGR of 6.2%. The growing urbanization and industrialization in developing countries and stringent environmental regulations related to filtration are driving the demand for industrial filters during the forecast period. The key players in the industrial filters market include Valmet Corporation (Finland), Lydall Inc. (US), 3M (US), Ahlstrom-Munksjo (Finland), Clear Edge Filtration Group (US), Nordic Air Filtration (Denmark), Fibertex Nonwoven (Denmark), Sefar AG (Switzerland), Freudenberg Filtration Technologies (Germany), and Sandler AG (Germany). The industrial filters market report analyzes the key growth strategies adopted by the leading market players between 2013 and 2018. These strategies include investment & expansion, acquisition, and new product launch....... Read More
March 20, 2019

Visteon (US) and Continental (Germany) are the Leading Player in the Automotive Digital Cockpit Market

The automotive digital cockpit market is projected to grow from USD 14.7 billion in 2018 to USD 35.9 billion by 2025, at a CAGR of 13.59% during the forecast period. Growing consumer demand for personalized user experience is expected to drive the growth of the automotive digital cockpit market....... Read More
March 20, 2019

Cerner Corporation (US), Epic Systems Corporation (US), Infor, Inc. (US), and InterSystems Corporation (US), are the leading players in the Healthcare Interoperability Solutions Market

The global healthcare interoperability solutions market is projected to reach USD 4.2 billion by 2024 from USD 2.3 billion in 2019, at a CAGR of 12.6%. The primary growth drivers of this market are the increasing focus on patient-centric care delivery, a growing need to curb the increasing healthcare costs, government initiatives for enhancing patient care and safety, and government funding for healthcare interoperability. Improving healthcare infrastructure is expected to offer significant growth opportunities for players in this market. However, increasing complexity with lack of consistent data, lack of trained healthcare IT professionals, and data privacy concerns are some of the major market challenges.

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March 19, 2019

Intelligent Medical Objects (US), Wolters Kluwer (Netherlands), and Clinical Architecture (US) are the Leading Players in the Medical Terminology Software Market

The medical terminology software market is projected to reach USD 1,786 million by 2024 from USD 707 million in 2019, at a CAGR of 20.4% during the forecast period. The growth in this market is driven by factors such as the rising focus on minimizing medical errors, government initiatives for HCIT adoption, and disparity and fragmentation in the terminology content of healthcare organizations. The increasing need to maintain data integrity is expected to provide further growth opportunities for market players in the coming years....... Read More
March 19, 2019

Merck KGaA (Germany), Thermo Fisher Scientific (US), and Promega Corporation (US) are the leading players in the Reporter Gene Assays Market

The global reporter gene assays market is projected to reach USD 2.6 billion by 2024 from USD 1.6 billion in 2019, at a CAGR of 10.1%. Growth in this market is driven by increasing funding for cell-based research, the growing applications of gene expression, and a rising preference for cell-based assays. However, the high cost of cell biology research is expected to restrain the growth of this market to a certain extent during the forecast period.

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March 19, 2019

APAC expected to be the fastest-growing market for Solid State Relay in the near future

The solid state relay market is estimated to be USD 1.2 billion by 2019 and is expected to reach USD 1.6 billion by 2024, at a CAGR of 5.7%. A solid state relay (SSR) is a semiconductor device that is used to switch electricity to a load when a small external voltage is applied across control terminals. These solid state relays can be designed to switch either AC or DC to the load. The various types by which SSRs can be mounted in a circuit includes panel mount, PCB mount, and DIN Rail mount. These SSRs are used in industrial automation, building equipment, energy and infrastructure, food & beverages, industrial OEM, medical, and automotive and transportation applications. Increasing digitization and automation in the consumer electronics industry; growing modernization of electric vehicles; robust features of SSR, such as high switching frequency and resistance to shock and vibration; and low noise while operating, long operating life, and low maintenance and compact size of SSR are the major factors driving the growth of the market.

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March 18, 2019

Nuance Communications (US), Amazon (US), and Verint Systems (US) are the leading players in the Healthcare Virtual Assistants Market

The healthcare virtual assistants market is projected to reach USD 1,729 million by 2024 from USD 391 million in 2019, at a CAGR of 34.6%. Growth in this market is driven by the growing number of smartphone users and the increasing use of healthcare applications, the growing demand for quality healthcare delivery, and the rising prevalence of chronic disorders. The increasing focus on developing conversational virtual assistant tools and multi-language support in healthcare virtual assistant tools are also expected to provide growth opportunities for players in the market. On the other hand, the lack of structured data in the healthcare industry and concerns regarding data privacy are expected to limit market growth in the coming years.

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March 18, 2019

Market Leader - Biopesticides Market

The biopesticides market is estimated to be valued at USD 3.0 billion in 2018 and is projected to reach USD 6.4 billion by 2023, at a CAGR of 15.99% during the forecast period. The growth of the biopesticides market is driven by factors such as the harmful effects of chemical pesticides and increasing demand for biopesticides by organic farmers....... Read More
March 18, 2019

New Products, Adopted Expansion Strategies, and Undertook Collaborations, Partnerships, and Mergers & Acquisitions to Gain Traction in the Driving Simulator Market

The driving simulator market is projected to reach USD 2.4 billion by 2025 from an estimated USD 1.7 billion in 2019, at a CAGR of 6.32% during the forecast period. The base year for the report is 2018, and the forecast period is from 2019 to 2025. The growth of the driving simulator market is influenced by factors such as shortage of skilled drivers, increased focus on R&D activities, cost saving opportunities, and the growing number of automobile enthusiasts in Europe and North America. Additionally, increased sensitivity toward driving safety is expected to boost the driving simulator market....... Read More
March 15, 2019

New product launches and partnerships/collaborations are some of the significant strategies adopted by the major players to grow further in the Identity Governance and Administration Market

The global identity governance and administration market size is expected to grow from USD 3.8 billion in 2018 to USD 7.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period.

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March 14, 2019

New Product Launches, and Agreements to Expand their Presence and Increase their Shares in the Synthetic Lubricants Market

The synthetic lubricants market size is estimated to be USD 32.2 billion in 2018 and is projected to reach USD 37.3 billion by 2023, at a CAGR of 3.0%, between 2018 and 2023. The industrial growth in growing regions, such as APAC and the Middle East & Africa, coupled with increasing automation in various sectors, (including automotive and manufacturing), is expected to drive the demand for synthetic lubricants during the forecast period. However, technological advancements and oil rejuvenation act as restraining factors of growth in the synthetic lubricants market....... Read More
March 14, 2019

Lilium (Germany) and Volocopter (Germany) are leading players in eVTOL Aircraft Market

Electric Vertical Take-off and Landing (eVTOL) aircraft is an electric motor propelled aircraft capable of carrying passenger and cargo and military operations. The eVTOL aircraft market is estimated to be USD 162 million in 2025 and is projected to reach USD 411 million by 2030, at a CAGR of 20.42% from 2025 to 2030. The major driving factors for the market include increasing urban population across the world and need for quick transportation.

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March 14, 2019

Key players adopted the strategy of product launches and developments to strengthen their position in the market of Current Sensor Market

The automotive, healthcare, industrial, and energy sectors, and the consumer electronics industry, among others, are the major end users of current sensors. The current sensor market is expected to reach USD 3.6 billion by 2024 from USD 2.4 billion by 2019, at a CAGR of 8.34% during the forecast period. The growth of this market is mainly attributed to the increasing use of battery-powered applications and renewable energy forms, and growing market for Hall effect current sensors. Moreover, the growth of automotive electronic control systems and new vehicle technologies, and large-scale commercialization of IoT and IIoT are among the other factors fueling the growth of this market.

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March 14, 2019

Market Leader - Polyimide Films Market

The polyimide films market is estimated to be USD 1.4 billion in 2018 and is projected to reach USD 2.6 billion by 2023, at a CAGR of 12.5% from 2018 to 2023. Increased demand from the electronics industry, the growing automotive industry, and superior thermal and mechanical properties of polyimide films in comparison to other polymers are the key factors driving the growth of the polyimide films market. E. I. du Pont de Nemours and Company (US), SKC Kolon PI Inc. (South Korea), Toray Industries Inc. (Japan), Kaneka Corporation (Japan), Ube Industries (Japan), Taimide Tech. Inc. (Taiwan), Arakawa Chemicals Industries Inc. (Japan), Shinmax Technology Ltd. (Taiwan), and FLEXcon Company, Inc. (US) are some of the leading players in this market. These market players have focused on new product launch and expansion the strategies to cater to the demand for polyimide films across various applications in end-use industries....... Read More
March 13, 2019

Image Intensifier Market - Key Revenue Pockets

The global image intensifier market is expected to reach USD 1,320 million by 2024 from USD 912 million in 2019—at a CAGR of 7.66% during 2019–2024. Image intensifiers are extensively used for increasing illumination of weak light in various applications. The increasing military expenditure worldwide and the growing demand for medical diagnostic systems with better visibility play a significant role in the growth of the image intensifier market. Multiple soldier modernization programs being carried out across the globe are leading to the growth of the image intensifier market for the defense and surveillance sector.

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March 13, 2019

New product launches and upgradations; and partnerships, agreements, and collaborations are the most dominating strategies adopted by the major players from 2016 to 2018 in Telecom Analytics Market

The telecom analytics market is expected to grow from USD 3.1 billion in 2018 to USD 6.0 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period. Factors that drive the market growth include growing need to reduce churn and retain customers, increasing demand for streamlined and effective revenue management, and rise in network attacks and online data security threats.

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March 13, 2019

AT&T (US) and Juniper Networks (US) are leading players in Network-as-a-Service Market

The global Network-as-a-Service Market size is expected to grow from USD 4.3 billion in 2018 to USD 21.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 38.3% during the forecast period. The key factors driving the Network as a Service market include an accelerated adoption of cloud services among large and small enterprises and increasing number of new data center infrastructures.

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March 13, 2019

New Product & Technology Launches, Agreements, Collaborations, Joint Ventures, and Partnerships to meet the Growing Demand for Microencapsulation Market

The global microencapsulation market was valued at USD 6.3 billion in 2018 and is projected to reach USD 11.8 billion by 2023, at a CAGR of 11.4% from 2018 to 2023. The demand for microencapsulation is increasing in various industries due to its wide applications. For instance, encapsulated food ingredients and drugs are used for effective functioning; to prevent product damage until consumption; and to protect the active ingredients from moisture, heat, or other extreme conditions, thus enhancing stability. ...... Read More
March 13, 2019

Oracle (US) and IBM (US) are leading players in Financial Analytics Market

The global financial analytics market size is expected to grow from USD 6.9 billion in 2018 to USD 11.4 billion by 2023, at a CAGR of 10.7% during the forecast period. The key factors driving the financial analytics market include an increasing need for reducing planning and budgeting cycles, and the emergence of new IT applications and infrastructure, such as big data and advanced analytics.

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March 13, 2019

Cisco (US) and NEC (Japan) are leading players in Software Defined Networking Market

MarketsandMarkets forecasts the global Software Defined Networking (SDN) market size to grow from USD 8.8 billion in 2018 to USD 28.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 26.8% during the forecast period. SDN is a networking architecture and is expected to revolutionize the existing networking infrastructure within the data centers, service providers, and enterprises’ end. Along with the innovative idea of NFV, the control plane is decoupled from the data plane, with the provision for a separate controlling software layer and a management plane enabling controllers with the capabilities of policy making and providing network intelligence.

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March 12, 2019

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