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  • Koninklijke Philips N.V. (Netherlands) and Omron Corporation (Japan) are the Key Players in the Medical Wearables Market

    The medical wearables market is projected to reach USD 19.5 billion by 2025 from USD 7.4 billion in 2020, at a CAGR of 21.4% during the forecast period. The growing demand for advanced clinical-grade wearables to streamline complex operational procedures among healthcare organizations has led to a number of product launches & enhancements in recent years. Companies focus on launching innovative solutions to gain a competitive edge and exploit market growth opportunities offered by advanced and next-generation wearables.

    • Published: May 2020

  • Honeywell Analytics (US) and Honeywell Analytics (US) are Leading Players in the COVID-19 Impact on Gas Sensors Market

    The global gas sensors market size during this pandemic is projected to decline from USD 1,025 million in 2020 to USD 1,016 million by 2021, at a Compound Annual Growth Rate (CAGR) of -0.9% during the forecast period. The major factors governing the gas sensors market include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as ventilators, respirators, and restricted requirement from automotive, oil & gas and chemicals, and other sectors.

    • Published: May 2020

  • Market Leader - Risk-based Monitoring Software Market

    The risk-based monitoring (RBM) software market is expected to reach USD 511 million by 2025 from USD 273 million in 2020, at a CAGR of 13.3% during the forecast period. The growth in this market is mainly driven by the cost and time efficiency of RBM solutions, rising number of clinical trials, and increasing government funding and grants to support clinical trials. However, the high implementation cost of RBM solutions is expected to restrain the growth of this market during the forecast period.

    • Published: May 2020

  • Arcelor Mittal (Germany) and Gerdau S.A. (Brazil) are the Leading Players in the in the Long Steel Market

    The long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025. Increasing construction and infrastructure activities, rising population levels, and industrialization are the major factors responsible for the growth of the long steel market. However, the recent outbreak of Covid-19 is expected to impact the long steel market severely.

    • Published: May 2020

  • Market Leaders - Sulfur Fertilizers Market

    The global sulfur fertilizers market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach USD 5.1 billion by 2025, recording a CAGR of 2.2%. The growth of the sulfur fertilizers market is driven by various factors, such as the increase in sulfur deficiency in soils across the world due to strict regulations on sulfur emission and the cultivation of high-yielding crop varieties.

    • Published: May 2020

  • SEKISUI CHEMICAL CO., LTD (Japan) and Huntsman Corporation (US) are the Key Players in the Technical Foam Market

    The global technical foam market size is estimated at USD 9.1 billion in 2020 and is projected to reach USD 15.7 billion by 2025, at a CAGR of 11.6% from 2020 to 2025. The increase in demand for technical foam from the automotive & transportation sector and the rising demand for acoustic solutions to tackle noise pollution are the major factors responsible for the market growth of technical foam. The increase in industrialization has also helped trigger the growth of the technical foam market.

    • Published: May 2020

  • Battery for IoT Companies - Duracell Inc (Duracell) (US) and Energizer Holdings Inc (US) are the Key Players

    The global battery market size for IoT is estimated to grow from USD 9.2 billion in 2020 to USD 15.9 billion in 2025; growing at a CAGR of 11.6% during the forecast period. The major factors driving the growth of the market include the multifold rise of IoT and the increase in the adoption of IoT devices, growing R&D activities by major companies, the growth of wireless communication, which is power-intensive, and the high demand for thin and flexible batteries in IoT devices.

    • Published: May 2020

  • Cisco (US) and Riverbed (US) are Leading Players in the WAN Optimization Market

    The Wide Area Network optimization market size is projected to grow from USD 1.0 billion in 2020 to USD 1.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period. The major factors driving the growth of the WAN optimization market include the rising need to ensure the quality of user experience and productivity, growing number of data centers and branch offices, and increasing cloud-based WAN optimization solutions.

    • Published: May 2020

  • Blackbaud (US) and WizeHive (US) are Leading Players in the Award Management Software Market

    MarketsandMarkets expects the global award management software market is expected to grow from USD 559 million in 2020 to USD 856 million by 2025, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.   The growing need to automate the award process for enhancing correlation between award organizers, judges, and applicants is driving the growth of the award management software market.

    • Published: May 2020

  • Market Leader - Automotive Headliner Market

    The global automotive headliner market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2% between 2020 and 2025. The major driving factors of the market include an increase in demand for advanced headliners in premium segment vehicles, rising demand for interior styling, perceived quality, and convenience features, and government regulation for lightweight and safety.

    • Published: May 2020

  • Yaskawa Electric (Japan), Siemens AG (Germany) and Mitsubishi Electric (Japan) are leading players in Servo Motors and Drives Market

    The global Servo motors and drives market size will grow to USD 15.8 Billion by 2027 from USD 12.0 Billion in 2022, at a CAGR of 5.7% during the forecast period. The increasing demand for smart manufacturing integrated with energy-efficient devices in the industrial sector is an important driver for the servo motors and drives market.

    • Published: May 2020

  • Anechoic Chamber Companies - TDK Corporation (Japan) and ESCO (ETS) (US) are the Key Players

    The global Anechoic Chamber market is estimated to grow from USD 1.1  billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 5.4% from 2020 to 2025 The anechoic chamber market comprises companies from the testing, inspection, and certification industries that are specifically engaged in providing electromagnetic compatibility testing services to manufacturers of electronic components. The purpose of these test products and testing, inspection, and certification services is to improve productivity, help manufacturers meet global standards, and enhance the quality of products. This also helps to assure the end users and consumers that the manufacturers have followed the national and international regulations and industry standards to maintain quality, safeguard public health, and ensure safety. This section discusses the market dynamics such as drivers, restraints, opportunities, and challenges for the anechoic chamber market. The growth of this market is driven by factors such as stringent government regulations against electromagnetic interference (EMI) in the semiconductor industry, high adoption of outsourcing EMC testing by worldwide manufacturers, and growing need for EMC pre-compliance testing. However, the price sensitivity of electromagnetic compatibility testing equipment used in the anechoic chamber is expected to be a major restraining factor for the growth of the anechoic chamber market.

    • Published: May 2020

  • Market Leaders - Automotive Airbags & Seatbelts Market

    The global automotive airbags & seatbelts market size is estimated to be USD 28.2 billion in 2020 and is projected to reach 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. The government regulations pertaining to vehicle safety and the demand for a safer, efficient, and convenient driving experience are the key factors driving market growth.

    • Published: May 2020

  • FUCHS Group (Germany) and Dutch Shell (Netherlands) are the Key Players in the Bio-lubricants Market

    The global bio-lubricants market size is projected to grow from USD 2.0 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 4.1% during the forecast year. The growth of this market is attributed to the stringent regulations adopted by various countries and increasing acceptance among end users.

    • Published: May 2020

  • Abu Dhabi National Oil Company (ADNOC) and Marathon Petroleum Corporation (MPC) are the Key Players in the Solid Sulphur Market

    The global solid sulphur market size is estimated at USD 3.2 billion in 2020 and is projected to reach USD 3.7 billion by 2025, at a CAGR of 3.0% between 2020 and 2025. The growth of the market is fueled by the sustainable demand for sulphuric acid due to its diversified applications and high demand for sulphur in the agriculture sector, globally.

    • Published: May 2020

  • Smith and Nephew plc (UK) and MiMedx Group plc (US) are Leading Players in the Biofilms Treatment Market

    The biofilms treatment market is projected to reach USD 2.4 billion by 2025 from USD 1.6 billion in 2020, at a CAGR of 7.9%. The growth of this market is largely driven by the rising prevalence of chronic, surgical, and traumatic wounds and the increasing incidence of burn injuries. However, the high cost and low adoption rate of advanced wound care products are expected to limit the growth of this market to a certain extent.

    • Published: May 2020

  • Oracle (US) and Kronos (US) and are Leading Players in Workforce Management Market

    MarketsandMarkets forecasts the workforce management market size to grow from USD 6.0 billion in 2020 to USD 9.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.3% from 2020 to 2025. The growing demand for workforce optimization and mobile applications; and increasing adoption of cloud-based workforce management solutions are expected to increase the adoption of workforce management across the globe during the forecast period.

    • Published: May 2020

  • New Product Launches, Product Development Partnerships & Collaborations and Geographic Expansions are the Major Growth Strategies in the COVID 19 Impact on IVD (In Vitro Diagnostics) Market

    The global in-vitro diagnostics market size is expected to be valued at USD 61.7 billion in 2020 and projected to reach USD 77.9 billion by 2025, growing at a CAGR of 4.8% during 2020-2025. Factors such as the increased global burden of chronic & lifestyle diseases, greater patient emphasis on early and accurate disease diagnosis, increased adoption of automated instruments among end-users, rising demand for point-of-care diagnostic solutions, and higher patient awareness about personalized medicine are expected to drive the market growth of the in-vitro diagnostic products during the coming decade.

    • Published: May 2020

  • Failure Analysis Companies - Thermo Fisher Scientific, Inc. (US) and Hitachi High-Technologies Corporation (Japan) are the Key Players

    The failure analysis market is estimated to be valued at USD 3.9 billion in 2020 and is projected to reach USD 5.9 billion by 2025; it is expected to grow at a CAGR of 8.3% from 2020 to 2025. A few key factors driving the growth of this market include imposition of safety rules & regulations by governments and international bodies, rise in demand for failure analysis from the electronics & semiconductor industry, technological advancements in microscopes, and rising focus on nanotechnology and regenerative medicine.

    • Published: May 2020

  • Market Leader - Bioinsecticides Market

    The global bioinsecticides market size is projected to grow at a CAGR of 15.8% from an estimated value of USD 2.2 billion in 2020 to reach USD 4.6 billion by 2025. Factors such as the increasing awareness of consumers about pesticide residues in crops, growing acceptance of organic food, increase in integrated pest management practices, and the ban of pesticides which are detrimental to the public health and environment has led to a huge demand for bioinsecticides, creating sustainable solutions.

    • Published: May 2020

  • BASF (Germany) and Perstorp (Sweden) are leading players in Non-Phthalate Plasticizers Market

    The non-phthalate plasticizers market size is projected to reach USD 3.9 billion by 2025 at a CAGR of 4.6% from 2020. The demand for non-phthalate plasticizers is increasing, owing to the stringent regulations on phthalate plasticizers and the growing awareness about the harmful effects over the use of phthalate plasticizers.

    • Published: May 2020

  • IBM (US) and Siemens (Germany) are leading players in Internet of Things (IoT) in Energy Market

    The global Internet of Things (IoT) in energy market size is expected to grow from USD 20.2 billion in 2020 to USD 35.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. Major factors expected to drive the growth of the IoT in energy market include IoT in energy boost business productivity, advantage of IoT-based agile systems, and rising instances of cyberattacks.

    • Published: May 2020

  • Leading Players in Vaccines and Drugs Market Have Entered the Race to Launch Vaccines and Drugs Targeting COVID-19

    The global COVID-19 vaccines market is projected to reach USD 1,401 million by 2025 from USD 2,273 million in 2022, at a CAGR of -14.9%% during the forecast period. The growth of the COVID-19 vaccines market is attributed majorly to the rising number of people infected with COVID-19 and increasing funding for vaccine development.

    • Published: May 2020

  • AMAZON WEB SERVICES (AWS) (US) and IBM (US) are Leading players in the Covid-19 Impact On Edge AI Software Market

    Amid COVID-19, the global edge AI software market size is expected to grow from USD 470 million in 2019 to between USD 665 million by 2021, at a Compound Annual Growth Rate (CAGR) of  19.7% during the forecast period. Enterprises supporting remote working capabilities, automation in the manufacturing sector, and increased demand for remote monitoring and predictive analytics to induce investment in IT infrastructure for hyperscalers, edge AI software/platofrm providers, and internet service providers (ISPs) are the major factors driving the market growth. The rise in demand for real-time data analysis and cloud-based business continuity tools and services and suitability of edge cloud environments best suited for the current unprecedented scenario are other parameters driving growth.

    • Published: May 2020

  • Top Companies in Occupant Classification System (OCS) Market - Robert Bosch GmbH (Germany), Denso Corporation (Japan), ZF Friedrichshafen AG (Germany), Continental AG (Germany), IEE Smart Sensing Solutions (Luxembourg) and Aptiv (Ireland)

    The occupant classification system (OCS) market is projected to reach USD 3.95 billion by 2032, from USD 4.00 billion in 2025 at a CAGR of -0.2%. The growth is driven by stringent safety regulations, including FMVSS 208, Euro NCAP standards, and European Regulation (EC) No 78/2009, which set requirements for occupant protection systems, including OCS and airbag deployment.

    • Published: May 2020

  • Market Leader - Critical Care Devices Market

    The global critical care devices market size is projected to reach USD 27,285.4 million by 2021 from USD 37,965.9 million in 2020. The critical care devices market is expected to witness a growth of 44.1% from 2019 to 2020. The ventilators segment is dominated by Philips Healthcare (Netherlands), ResMed Inc. (US), Medtronic plc (Ireland), Becton, Dickinson and Company (US), Getinge Group (Sweden), Dräger Group (Germany), Smiths Group plc (UK), Teleflex Incorporated (US), Hamilton Medical AG (Switzerland), and GE Healthcare (US) are the leading players in the critical care devices industry.

    • Published: May 2020

  • Market Leader - COVID-19 Impact on Medical Tubing Market

    The US medical tubing market size is projected to reach USD 2.9 billion by 2021, at a CAGR of 13.2%.The increase in demand for medical tubes in ventilators is the key factor driving the use of medical tubing. The rising demand for medical devices that incorporate medical tubing and the growing demand for ventilators in this pandemic are propelling the growth of the medical tubing market globally. However, factors such as restricting counterfeit products and fighting time for supply chain and logistics could affect the market growth.

    • Published: April 2020

  • DHL (Germany) and UPS (US) are the Key Players in the COVID-19 Impact on Logistics & Supply Chain Industry Market

    Post COVID-19, the global logistics market size is projected to grow from USD 2,734 billion in 2020 to USD 3,215 billion by 2021, at a Y-O-Y of 17.6%. The major drivers for the market high emphasis on the supply of essential commodities, creation of supply chain stabilization task force to fight COVID-19, and increasing demand and distribution of personal protective equipment.

    • Published: April 2020

  • Medtronic PLC (Ireland) and Cardinal Health, Inc. (US) are Leading Plyers in the COVID-19 impact on Medical Supplies Market

    COVID-19 impact on the global medical supplies market size is projected to reach USD ~100 billion by 2021 from USD ~78 billion in 2020, at a CAGR of ~13.4%.

    • Published: April 2020

  • Amcor (Australia) and Ball Corporation (US) are the Key Players in the COVID-19 Impact on Packaging Market

    The global packaging market size during the COVID-19 pandemic is projected to grow from USD 909.2 billion in 2019 to USD 1,012.6 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 5.5% as the most likely outcome during the forecast period, with the best-case scenario reflecting 9.2% growth and the worst-case scenario at 2.2% growth. The major drivers for the packaging industry include the increased demand for FMCG and pharmaceutical packaging, rising e-commerce sales due to lockdown.

    • Published: April 2020

  • GE (US) and ABB (Switzerland) are Leading Players in the COVID-19 Impact on Smart Grid Market

    The global smart grid market size is projected to grow from USD 26.9 billion in 2020 to USD 28.8 billion by 2021 at a CAGR of 7.1% from 2020 to 2021. Rising investments drive the growth of this market for modernization of aging grid infrastructure, and improved grid reliability and efficient outage response. Furthermore, the smart grid also helps during the period of uncertainties. Presently, the lockdown due to COVID-19 drives the requirement of smart systems to manage grid operations so that there is minimum human intervention.

    • Published: April 2020

  • Market Leadership - COVID-19 Impact on Global Machine Tool Market

    Post COVID-19, the global machine tool market is projected to reach USD 68.9 billion by 2021 from an estimated USD 65.6 billion in 2020, at a CAGR of 5.0%. The projections were based on the ongoing automotive industry production drop, which is the biggest consumer of machine tools and, additionally, the supply chain disruptions caused by the COVID-19 pandemic in the manufacturing industry.

    • Published: April 2020

  • Market Leaders - COVID-19 Impact on Homeland Security Management Market

    Post COVID-19, the size of the global homeland security management market under realistic scenario is expected to grow from USD 1,035 billion in 2020 to USD 1,081 billion by 2025, at a CAGR of 0.9% from 2020 to 2025. In the long term, the rise in demand for AI-based solutions for homeland security management is anticipated to drive the growth of the market during the forecast period. However, delay in financial decision making and limited public funding by various countries across the globe are the immediate challenges in front of each nation.

    • Published: April 2020

  • Smith & Nephew (UK) and B. Braun Melsungen AG (Germany) are the Leading Players in the Wound Debridement Market

    The wound debridement market is projected to reach USD 1,162 million by 2025 from USD 822 million in 2020, at a CAGR of 7.2%. Market growth is driven by the high prevalence of diabetes and associated wounds, increasing incidence of burns, and awareness programs. Emerging countries such as China and India provide growth opportunities for players in the market during the forecast period. However, the high cost of products is expected to hamper market growth to a certain extent in the coming years.

    • Published: April 2020

  • Henkel (Germany) and Ethicon, Inc. (Johnson & Johnson Services) (US) are leading players in COVID-19 Impact on Adhesives & Sealants Market

    Post COVID-19, the global adhesives & sealants market size is projected to reach USD 66.8 billion in 2021 from USD 63.5 billion in 2019, growing at a CARG of 2.6%, between 2019-2021. The growth of the medical devices, & personal protective equipment market, personal hygiene products, and the increasing use of single-use disposable medical products are expected to impact the demand for medical & hygiene adhesives positively.

    • Published: April 2020

  • Market Leadership - COVID-19 Impact on Battery Energy Storage Market

    The global battery energy storage market size is projected to grow from USD 5.7 billion in 2020 to USD 7.3 billion by 2021, at a CAGR of 13.7% during the forecast period. The major factors driving the growth of the battery energy storage industry include the growing need for continuous power from critical infrastructure sectors and the rising need to integrate increasing renewable energy sources and rural electrification.

    • Published: April 2020

  • Market Leader - COVID-19 Impact on Lubricants Market

    The global lubricants market size is projected to decrease in 2020 from 2019, at a negative growth of 0.95%, in terms of value. COVID-19 has negative impacts on industrial production and vehicles on road, which is expected to decrease the demand for lubricants in 2020. The demand in countries such as China, India, Japan, and the US is expected to decline from both the transport and the industrial sectors.

    • Published: April 2020

  • Market Leader - COVID-19 Impact on the Feed Market

    The global animal feed market is projected to be valued at USD 289.0 billion in 2022. The increasing awareness among livestock breeders and farmers about the health of animals has led to an increase in demand for feed additives and ingredients, such as amino acids, phytogenic, vitamins & minerals, commodity ingredients, and others.

    • Published: April 2020

  • AMAZON WEB SERVICES (AWS) (US) and Cisco (US) are Leading Players in the COVID-19 Impact on Cloud Computing Market

    The impact of COVID-19 on the global cloud market size is expected to grow from USD 233 billion in 2019 to USD 295 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period. Enterprises’ need to support remote workforce to induce investment in IT infrastructure for hyperscalers, cloud service providers (CSPs), internet service providers (ISPs), and managed hosting providers is one of the major factors driving the market growth. The rise in demand for cloud-based business continuity tools and services and suitability of public cloud environments best suited for the current unprecedented scenario are other parameters driving growth.

    • Published: April 2020

  • COVID-19 Impact on Airport Operations Companies - FLIR Systems, Inc. and Honeywell (US) are the Key Players

    Post COVID-19, the size of the global airport operations market is expected to grow from USD 8.5 billion in 2020 to USD 14.5 billion by 2025, at a CAGR of 11.0% from 2020 to 2025. For the forecast period, the rise in demand for smart passenger screening and management systems at airports is anticipated to drive the growth of the market. However, in the short term, the market is expected to suffer losses, with a decline rate of 12.4% from 2020 to 2021 owing to temporary travel bans by various countries across the globe.

    • Published: April 2020

  • New Product Launches and Expansions are some of the Dominant Strategies that are Adopted by Major Players to Strengthen their Presence in the Sugar Decorations & Inclusions Market

    The global sugar decorations & inclusions market size is projected to grow from USD 1.5 billion in 2020 to USD 2.1 billion by 2025, recording a compound annual growth rate (CAGR) of 6.3% during the forecast period. Sugar decorations and inclusions are the key ingredients that attract customers toward various desserts and bakery products, due to which they are projected to witness significant growth in the global food industry. The increasing demand for textured and decorated baked foods and the growth of bakery and confectionery sectors across regions are some of the major factors that are projected to drive the growth of the sugar decorations & inclusions market. In addition, the increasing demand for bakery products in various economies across regions is a key factor that is projected to drive the market growth.

    • Published: April 2020

  • Market Leader - COVID-19 Impact on Composites Market

    Composites are used in a variety of end-use industries, including aerospace & defense, transportation, wind energy, marine, pipes & tanks, construction & infrastructure, and electrical & electronics. Led by strong end-user demand, the composites market is expected to grow at a rapid pace. However, amidst the global COVID-19 pandemic, the demand for composites from the aforementioned industries is expected to show a sharp decline. The global composites market size is expected to decline from USD 90.6 billion in 2019 to USD 82.9 billion by 2021, projecting a negative CAGR of 4.4% between 2019 and 2021.

    • Published: April 2020

  • AWS (US) and Microsoft (US) are IoT Cloud Platform Market

    MarketsandMarkets forecasts the global Internet of Things (IoT) cloud platform market size to grow from USD 6.4 billion in 2020 to USD 11.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. Major factors expected to drive the growth of the IoT cloud platform market include the proliferation of IoT-enabled devices, need to increase operational efficiency, rapidly decreasing costs of IoT-based sensors connectivity hardware, and emergence of Internet Protocol version 6 (IPv6).

    • Published: April 2020

  • Oracle (US), IBM (US) and SAS Institute (US) are Leading Players in the COVID-19 Impact on Analytics Market

    The COVID-19 impact on the analytics market size is expected to grow from USD 25.4 billion in 2019 to USD 33.8 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 15.5% during the forecast period. The major factors driving the growth of COVID-19 impact on the analytics industry include increasing demand for digital transformation, increased investments in analytics, growing demand for remote services and location data, and increasing need for real-time information to track and monitor the COVID-19 spread.

    • Published: April 2020

  • SABIC (Saudi Arabia) and Celanese (US) are the Major Players in the COVID-19 Impact On Medical Plastics Market

    The global medical plastics market size during this pandemic is projected to grow from USD 25.1 billion in 2020 to USD 29.4 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period. The major drivers for the medical plastics industry include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as ventilators, thermal scanners, respirators, and so on.

    • Published: April 2020

  • Market Leadership - COVID-19 Impact on EV and EV Infrastructure Market

    Post COVID-19, the global electric vehicle and electric vehicle infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1%. The projection for 2021 is expected to be down by 34% as compared to pre-COVID estimation.

    • Published: April 2020

  • Market Leaders - Covid-19 Impact On Cybersecurity Market

    The global impact of COVID-19 on cybersecurity market size is expected to grow from USD 183.2 billion in 2019 to USD 230 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 12% during the forecast period. The market growth can be attributed to increasing focus on cybersecurity-driven business continuity plans to provide optimized security to customer data and operations that are being handled by the companies. Increasing focus on cybersecurity as a key business imperative and not just as a support function is expected to further drive the market with a higher wallet share for security policies and infrastructure.

    • Published: April 2020

  • Market Leader - COVID-19 Impact on Renewable Energy Market

    The global renewable energy market is projected to grow from a size of USD 184.3 billion in 2020 to USD 226.1 billion by 2021 and at a CAGR of 22.7%. The contraction in oil consumption due to COVID-19 is expected to drive the renewable energy industry during the forecast period of 2019–2021. The global pandemic is affecting a wide range of energy markets, including coal, gas, and renewables. But its impact on oil markets is particularly severe because of partial and complete lockdowns, which are restraining the movement of goods and people, creating a heavy blow to the demand for transport fuels.

    • Published: April 2020

  • Smart Retail Companies - IBM (New York, US), Intel Corporation (California, US), are the Key Players

    The global smart retail market is estimated to grow from USD 21.6 billion in 2020 to USD 62.5 billion by 2025; growing at a CAGR of 23.6%. The key factors fueling the growth of this market are the increasing use of robots and automation to offer shopping convenience to customers and changing customer expectations leading to the increased use of smart technologies by retailers.

    • Published: April 2020

  • IBM (US) and Royal Phillips (Netherlands) are Leading Players in the Covid-19 Impact on Internet of Things (IoT) Market

    The global impact of COVID-19 on Internet Of Things market size is expected to grow from USD 150 billion in 2019 to USD 243 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period. The major factors driving the market growth include increasing focus on remote monitoring for “work from home” initiative, increasing adoption of smart payment technologies to minimize human contact involved in cash payments, and growing demand for wearable devices.

    • Published: April 2020

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