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Aircraft Fuel Tanks Companies - Meggitt PLC (UK), Cobham plc (UK) are the Key Players
The aircraft fuel tanks market is projected to grow from USD 869 million in 2019 to USD 954 million by 2025, at a CAGR of 1.6% during the forecast period. The major factors driving the market include increasing aircraft orders and new aircraft programs.
- Published: September 2019
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Smurfit Kappa (Ireland) and Amcor (Australia) are the Key Players Pouches Market
The global pouches market is projected to grow from USD 36.4 billion in 2019 to USD 46.1 billion by 2024, recording a CAGR of 4.8% during the forecast period. The rising demand for packaged food & beverages is projected to drive the pouches market. The aesthetic appeal and cost-effectiveness of pouches are further projected to drive the growth of the market. Furthermore, the growing popularity of pouches for alcohol packaging is creating growth opportunities for the global pouches market.
- Published: September 2019
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Bumi Armada (Malaysia) and Shell (Netherlands) are the Major Players in the Floating Production Storage and Offloading Market
The floating production storage and offloading market is projected to grow from an estimated USD 19.5 billion in 2019 to USD 26.0 billion by 2024, recording a CAGR of 5.9% during the forecast period. The growth of this market is driven by the increasing focus on offshore exploration and production and the rising deep-water and ultra-deepwater oil & gas production.
- Published: September 2019
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Medtronic (US) and Boston Scientific Corporation (US) are Leading Players in the Neurosurgery Devices Market
The neurosurgery devices market is projected to reach USD 13.5 billion by 2024 from USD 7.3 billion in 2019, at a CAGR of 13.0% during the forecast period. Growth in the neurosurgery devices market is driven by the efforts to develop the application base for neuromodulation, the benefits of neuroendoscopic surgeries over conventional brain surgeries, and the growing prevalence of neurological diseases. On the other hand, the high cost of neuroendoscopy procedures and equipment, along with a dearth of a trained workforce, is expected to limit market growth to a certain extent during the forecast period.
- Published: September 2019
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Critical Communication Companies - Motorola Solutions (US) and Ericsson (Sweden) are the Key Players
The critical communication market is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%. High demand for critical communication solutions from diverse industries such as public safety, transportation, & medical, advanced features of critical communication network, and increasing need to modernize old equipment are the major driving factors for market growth during the forecast period.
- Published: September 2019
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Market Leadership - Pet Wearable Market
Product launches and developments, partnerships, and collaborations have been the major strategies adopted by the leading players to grow in the market. Among all these strategies, players have focused on product launches and developments to remain competitive in the market. Key players that have implemented these strategies are Whistle Labs (US), PetPace (US), Garmin (US), FitBark (US), Tractive (Austria), Link AKC (US), Motorola (US), Num’Axes /EYENIMAL (France), KYON (Greece), Scollar (US), GoPro (US), and Felcana (UK).
- Published: September 2019
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Body Area Network Companies - Apple Inc. (US) and Samsung Electronics Co., Ltd. (South Korea), are the Key Players
The global Body Area Network Market is projected to grow from USD 9.1 billion in 2019 to USD 15.8 billion by 2024; it is expected to grow at a CAGR of 11.7%. Major factors driving the growth of the body area network market include the increased use of smart devices for tracking physical fitness, rapid advancements in medical devices & communication technologies, supportive government & hospital initiatives to promote digital healthcare, and easy availability of low-cost fitness-tracking gadgets.
- Published: September 2019
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Arkema (France) and AkzoNobel (Netherlands) are the Key Players in the Polymerization Initiator Market
The global polymers market size is projected to grow from USD 3.4 billion in 2019 to USD 4.2 billion by 2024, at a compound annual growth rate (CAGR) of 4.3%, during the forecast period. The polymerization initiator is a source of any chemical species that reacts with a monomer (a single molecule that can create chemical bonds) to form an intermediate compound capable of linking successively with a large number of other monomers into a polymeric compound are chemical compounds that are used in the polymer synthesis.
- Published: September 2019
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3M Company (US) and DuPont de Nemours and Company (US) are the Key Players in the Disposable Protective Clothing Market
The disposable protective clothing market size is projected to reach USD 2.6 billion by 2024 from USD 3.6 billion in 2019, at a CAGR of 6.5% between 2019 and 2024. Rising awareness about the safety of workers and industrial development in developing economies are expected to support the growth of the disposable protective clothing market. The requirement of massive investment for R&D are restraining the growth of the market. On the other hand, continuous innovation in product development has created opportunities for manufacturers. The players in the disposable protective clothing market are mainly concentrating on new product launches, acquisitions, agreements, and expansions to meet the growing demand for disposable protective clothing from various applications. New product launches help companies strengthen their product portfolio and meet the specific requirements of customers.
- Published: September 2019
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Ahlstrom-Munksjo (Finland) and Lydall, Inc. (US) are the Major Players in the Fabric Filters Market
The fabric filters market size is expected to grow from USD 2.3 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period. The major driving factors for the market are stringent regulations governing emission and treatment of industrial effluents, need for a safe working environment in major manufacturing sites, and the growing manufacturing sector in Southeast Asia.
- Published: August 2019
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Avery Dennison Corporation (US) and tesa SE (Germany) are the Key Players in the Aerospace Tapes Market
The aerospace tapes market is projected to grow from USD 2.0 billion in 2019 to USD 2.4 billion by 2024, at a CAGR of 4.0% between 2019 and 2024. The major driving factors in the aerospace tapes market are initiatives undertaken by governments of China and India, increasing demand for lightweight and more fuel-efficient aircraft, growing demand for passenger aircraft in emerging regions, and replacement of old/aging aircraft and modernization of existing aircraft.
- Published: August 2019
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Market Leaders - Lead Acid Battery Market
The global lead acid battery market is expected to grow from an estimated USD 41.6 billion in 2019 to USD 52.5 billion by 2024, at a CAGR of 4.7% during the forecast period. The growth of this market is driven by burgeoning expansion in the automotive industry, rapid technological advancement, development of the telecom sector, and the cost-effectiveness of lead acid battery storage solution.
- Published: August 2019
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Access Control Reader Companies - ASSA ABLOY AB (Sweden) and dormakaba Holding AG (Sweden) are the Leading Manufacturers
The overall access control reader market is expected to grow from USD 3.0 billion in 2019 to USD 7.5 billion by 2024, at a CAGR of 12.5%. Rapid urbanization in emerging economics provides major opportunities for the growth of the access control reader market. The access control reader market growth is mainly driven by the high demand for enhanced security; contactless interfaces to boost the adoption of smart cards; and increased convenience, enhanced security identity management, and improved human resource management.
- Published: August 2019
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Henkel AG & CO. KGAA (Germany) and Arkema S.A. (France) are the Key Players in the Elastic Adhesives & Sealants Market
The elastic adhesives & sealants market is projected to grow from USD 16.4 billion in 2019 to USD 22.3 billion by 2024, at a CAGR of 6.3% between 2019 and 2024. The growth of end-use industries such as construction, industrial, and automotive & transportation as well as the growing demand for silicone and SMP adhesives are key factors driving the elastic adhesives & sealants market.
- Published: August 2019
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United Rentals Inc. (US) and Ashtead Group plc (UK) are the Leading Player in the Construction Equipment Rental Market
The construction equipment rental market is estimated to be USD 98.6 billion in 2019 and is projected to reach USD 121.6 billion by 2024, growing at a CAGR of 4.3% from 2019 to 2024. Increasing building & construction activities, especially in China, Japan, and India, the recovering construction sector in Europe, and increasing rental penetration in North America coupled with shift in trend towards rental due to various cost-benefits is expected to drive the growth of the construction equipment rental market during the forecast period.
- Published: August 2019
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Electron Beam Machining Companies - Global Beam Technologies (Germany) and Mitsubishi Electric (Japan) are the Key Players
The electron beam machining market is expected to be worth USD 181 million in 2019. It is expected to grow USD 212 million, at a CAGR of 3.2% from 2019 to 2024. The factors that are driving the growth of the market include the growing demand for welding technologies in automotive & aerospace industry and advantages of electron beam welding technology over other welding technologies.
- Published: August 2019
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Experian (Ireland) and CGI (Canada) are leading players in Debt Collection Software Market
MarketsandMarkets forecasts the debt collection software market size to grow from USD 2.9 billion in 2019 to USD 4.6 billion by 2024, at a CAGR of 9.6% from 2019 to 2024. The increasing need for self-service payment models to speed up the collection process and automation in the debt collection process is expected to increase the adoption of debt collection software across the globe during the forecast period.
- Published: August 2019
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Ion Milling System Companies - Veeco Instruments Inc. (US) and Leica Microsystems GmbH (Germany) are the Key Players
The overall ion milling system market is likely to grow from USD 1.5 billion in 2019 to USD 2.3 billion by 2024; it is expected to grow at a CAGR of 8.5%. Increasing demand from developing countries is expected to provide substantial growth opportunities to players in the ion milling system market. The growth of the ion milling system market is driven by growing demand for high-end electron microscopy systems in various applications and technological advancement in microscopes.
- Published: August 2019
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Arex Test Systems B.V. (Netherland) and Snap-On Incorporated (US) are the Leading Players in the Garage Equipment Market
The automotive garage equipment market is projected to reach USD 10.7 billion by 2027 from USD 6.1 billion in 2019, at a CAGR of 7.4%. The growth of the market is driven by the inclusion of refined engines, increasing demand for connectivity services, the introduction of advanced safety features, and preventive maintenance in the automotive industry.
- Published: August 2019
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Market Leadership - Geotextile Tubes Market
The geotextile tubes market is projected to grow from USD 2.1 billion in 2019 to USD 3.3 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period. Geotextile tubes also known as geotubes or dewatering tubes are made from permeable textile materials or fabrics for various civil engineering and other geotechnical applications. These tubes are manufactured in the form of large sludge dewatering bags or geo-containers constructed from high strength, permeable geotextile materials such as polypropylene and polyester. Tencate developed Geotubes after the catastrophic flood destroyed the coast of Holland in 1953. It developed technical textile for use in marine structures; this created a new market engineered geotextiles and industrial fabrics in marine & hydraulic and dewatering & containment applications. The name Geotube was trademarked in 1994 by Nicolon B.V in the Netherlands.
- Published: August 2019
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Arkema S.A. (France) and DowDuPont (US) are the Leading Players in the Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market
The global tetrakis(hydroxymethyl)phosphonium sulfate market, in terms of value, is estimated to account for nearly USD 202 million in 2019 and projected to grow at a CAGR of 5.5%, to reach approximately USD 279 million by 2025. The growth of the oil & gas and textile industries is driving the THPS market as the demand and frequency of use has increased over the past few years. With a large number of plants using THPS as an anti-microbial agent, the demand for THPS is expected to rise in the near future.
- Published: August 2019
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3D Printing Construction Companies - Yingchuang Building Technique (China) and XtreeE (France) are the Key Players in the 3D Printing Construction Market
The 3D printing construction market size is estimated to be USD 3 million in 2019 and is projected to reach USD 1,575 million by 2024, at a CAGR of 245.9% between 2019 and 2024. Advantages of 3D printing such as cost-effective, time-saving, environmentally friendly, reusable waste materials, durability, and resistance to fire, are resulting in an increasing demand for the technology from various sectors such as building and infrastructure.
- Published: August 2019
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Major strategies adopted by the major players in the market are entering into partnerships, agreements and collaborations and mergers, acquisitions, and joint ventures in Clinical Risk Grouping Solutions Market
The global clinical risk grouping solutions market is projected to reach USD 829 million by 2024 from USD 427 billion in 2019, at a CAGR of 14.2% during the forecast period. Factors such as increasing focus on risk management and the increasing emphasis on big data solutions are driving the market for clinical risk grouping solutions.
- Published: August 2019
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New Products, Adopted Expansion Strategies, and Undertook Collaborations, Partnerships, and Mergers & Acquisitions to Gain Traction in the Global Body in White Market
The body in white (BIW) market for the automotive industry is projected to reach USD 90.5 billion by 2027 from an estimated USD 77.0 billion in 2019, at a CAGR of 2.0% during the forecast period. The base year for the report is 2018, and the forecast period is from 2019 to 2027.
- Published: August 2019
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Arkema (France) and Solvay S.A. (Belgium) are Leading Company in the Sodium Hypophosphite Market
The sodium hypophosphite market is estimated to be valued at USD 664 million in 2019 and is projected to reach USD 890 million by 2025, at a CAGR of 5.0% during the forecast period. The global sodium hypophosphite market is expected to grow owing to its increasing demand from various end-use industries such as automotive, aerospace & defense, electrical & electronics, industrial machinery, medical device, and construction. The high demand backs the current market growth for sodium hypophosphite for reducing agents and antioxidants from the Asia Pacific region.
- Published: August 2019
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Johnson Controls (US) and Ingersoll Rand (Ireland) are the Key Players in the Variable Air Volume (VAV) Systems Market
The global variable air volume (VAV) systems market is estimated to increase from USD 11.8 billion in 2019 to USD 16.0 billion by 2024, at a CAGR of 6.3% during the forecast period. The global variable air volume (VAV) Systems market is driven mainly by the increasing construction activities, globally and the rising awareness for reducing energy consumption. New construction activities in the residential, commercial, and industrial sectors have augmented the demand for VAV systems, thereby increasing the revenue of the market.
- Published: August 2019
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LUMA Group (US) and Ceravision (UK) are leading players in the Plasma Lighting Market
Plasma lights are electrodeless and gas discharge lamps that use radio frequency (RF) power to ignite plasma enclosed in a transparent bulb. This bulb contains a noble gas or a mixture of gases as well as a metal halide, sulfur, mercury, and sodium. The electrical field inside the plasma lighting system accelerates free electrons, which collide with the ionized gas and metal atoms. This collision excites the metal atoms and electrons revolving around the gas, taking them to a high energy state. When these electrons return to their original state from this high energy state, they emit photons, which results in visible light/ultraviolet radiation. The plasma lighting market is expected to be valued at USD 329 million in 2019 and is likely to reach USD 415 million by 2024, at a CAGR of 4.7% during the forecast period. Roadway, street, & tunnel; and industrial are the two key applications which dominate the plasma lighting market and are also responsible for its significant growth.
- Published: August 2019
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CityLift (US) and Klaus Multiparking (Germany) are the Key Players in the Automated Parking System Market
The automated parking system market is estimated to be 1.3 billion in 2019 and is projected to reach USD 3.6 billion by 2027, at a CAGR of 13.1% during the forecast period. The key drivers of the market are increasing the number of vehicles on the road, scarcity of land for parking, and increasing urbanization. A growing number of high-rise buildings and luxury residential buildings is expected to boost the automated parking system market.
- Published: August 2019
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Ingersoll Rand (Ireland), Gree Electric Appliances (China) and Carrier Corporation (US) are the Key Players in the Modular Chillers Market
The modular chillers market size is estimated to be USD 2.6 billion in 2019 and projected to reach USD 3.5 billion by 2024, at a CAGR of 6.0%, between 2019 and 2024. Modular chillers is mainly used in the commercial, industrial, and residential applications for air conditioning, space cooling, and process cooling. They are energy efficient, compact, and easy to maintain as compared to their substitutes. The growing number of commercial construction projects are also expected to drive the modular chillers market.
- Published: August 2019
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Ingersoll Rand PLC (Ireland) and Johnson Controls (US) are Leading Players in the Variable Air Volume Box Market
The global VAV BOX market size is estimated at USD 4.7 billion in 2019 and is projected to reach USD 6.4 billion by 2024, at a CAGR of 6.3%, between 2019 and 2024. VAV Boxes are major components inside a VAV system which makes it energy efficient and helps to reduce the energy consumption by maintaining a balanced air flow as per the zone’s requirement. The VAV terminal unit consist of a damper and control to measure the required air flow as per the temperature level. The major applications of VAV BOX includes its usage in residential, commercial and industrial buildings.
- Published: August 2019
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Market Leaders - Vehicle Control Unit Market
The vehicle control unit market is projected to reach USD 10.4 billion by 2027 from an estimated USD 2.9 billion in 2019, at a CAGR of 17.1%. The base year for the report is 2018, and the forecast period is from 2019 to 2027. The electric vehicle segment has witnessed rapid evolution with ongoing developments in vehicle electronics, ADAS, drive unit-related technologies, infotainment and comfort features, battery technology, and charging infrastructure.
- Published: August 2019
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Top Companies in AVAS Industry - Continental AG (Germany), Hella GMBH & CO. KGAA (Germany) and Kendrion N. V. (Netherlands)
The AVAS market is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%. The demand for AVAS is expected to increase significantly, driven by regulatory requirements aimed at enhancing pedestrian safety, particularly for visually impaired individuals. The significantly growing global electric and hybrid vehicle market further bolsters its expansion. The rapid growth of the micro-mobility sector, and increasing demand for customized AVAS solutions are foreseen to create novel opportunities within the AVAS market.
- Published: August 2019
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Keysight Technologies (US), Fortive (US) and Rohde & Schwarz (Germany) are the Key Players in the Logic Analyzer Market
The logic analyzer market is projected to reach USD 387 million by 2024. Rising demand for power-efficient and high-performance electronic devices, and increasing investment in electronics R&D are key factors driving the growth of the logic analyzer market.
- Published: August 2019
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LivaNova (UK) and Haemonetics (US) are Leading Players in the Autotransfusion Systems Market
The autotransfusion systems market is projected to reach USD 505 million by 2024 from USD 395 million in 2019, at a CAGR of 5.0%. The growth of this market is driven by the increasing number of surgical procedures, rising number of transplant procedures, advantages of autotransfusion, and scarcity of donated blood/allogenic blood.
- Published: August 2019
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Market Leadership - Assistive Robotics Market
The assistive robotics market was valued at USD 4.1 billion in 2019 and is expected to grow at a CAGR of 22.3% during 2019–2024, to reach USD 11.2 billion by 2024. The increasing prevalence of strokes and spinal cord injuries is one of the key factors driving the growth of the assistive robotics market. Also, the rising insurance coverage for medical exoskeletons and robotic surgeries is likely to act as a major driver for the growth of the assistive robotics market.
- Published: August 2019
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B. Braun Melsungen (Germany) and ZEISS International (Germany) are Leading Players in the Microsurgical Instruments Market
The microsurgical instruments market is projected to reach USD 2.2 billion by 2024 from USD 1.7 billion in 2019, at a CAGR of 5.2%. The growth in this market is attributed to factors such as the benefits of microsurgery over traditional surgery; the increasing number of surgeries among the geriatric population and the growing popularity of plastic & reconstructive surgeries; and the growing prevalence of chronic diseases, lifestyle disorders, and cancer.
- Published: August 2019
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Demand for Improved Crop Varieties to Drive the Growth of the Plant Genomics Market
The global plant genomics market is estimated to be valued at USD 7.3 billion in 2019 and is projected to reach USD 11.7 billion by 2025, recording a CAGR of 8.3%. The plant genomics market has high potential in emerging markets, such as Asia Pacific, due to the increasing awareness about the possible ill-effects of GM crops or food products in developing countries.
- Published: August 2019
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IBM (US) and Symantec (US) are leading players in Patch Management Market
The global patch management market size is expected to grow from USD 589 million in 2019 to USD 979 million by 2024, at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period. Increasing vulnerabilities to promote patch management solutions and increasing deployment of third-party applications are expected to drive the growth of patch management market across the globe. Furthermore, the patch management applications provide various features, such as vulnerability management, compliance management, auditing, and reporting, and supports various computing devices, such as PCs, laptops, tablets, and smartphones.
- Published: August 2019
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The Demand for Cost-Effective Solutions to Treat Obesity Could Prove to be an Opportunity for Bovine Serum Albumin (BSA) Market
The global bovine serum albumin market is estimated to be valued at USD 255 million in 2019 and is projected to reach USD 304 million by 2025, recording a CAGR of 3.0%. Due to the growing livestock population and the subsequent increase in demand for blood-derived products, the market for bovine serum albumin is growing.
- Published: August 2019
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LafargeHolcim (Switzerland) and Sika AG (Switzerland) are the Key Players in the Ultra-high Performance Concrete Market
The ultra-high performance concrete market is projected to grow from USD 369 million in 2019 to USD 550 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast year. The demand for ultra-high performance concrete market is owing to the high growth of the construction industry across the globe. Factors, such as the rise in construction activities, increasing number of renovation & remodeling activities, and the growing population & urbanization, drive the demand for ultra-high performance concrete.
- Published: August 2019
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Thermo Fisher Scientific (US), Agilent Technologies (US), Danaher Corporation (US), and Waters Corporation (US) are the leading players in the Laboratory Equipment Services Market
The laboratory equipment services market is projected to reach USD 17.7 billion by 2024 from USD 9.5 billion in 2019, at a CAGR of 13.4% between 2019 and 2024. The growth of this market is driven majorly by the increasing number of research activities in pharmaceutical and biotechnology industries, growing need for the effective and timely diagnosis of diseases, and the rising investments and government research funding to support biomedical research activities. However, the shift from lab-based diagnosis to home-based/POC testing and the high cost of service contracts are the major factors restraining the growth of this market.
- Published: August 2019
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Microsoft (US) and F5 Networks (US) are leading players in Application Gateway Market
The global application gateway size is expected to grow from USD 1.6 billion in 2019 to USD 2.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period. With the increasing use of web applications for competitive business, the number of application attacks is also increasing. Application layer attacks are designed by focusing on specific vulnerabilities or issues. These vulnerabilities or issues can hamper application performance. Application vulnerabilities are spoilt to attack applications and deny services. These application vulnerabilities include injection, broken authentication, sensitive data exposure, and broken access control. Attackers develop new attack types and vectors that are used to launch a new wave of attacks. These attacks threaten users’ privacy. There are different application-layer attacks that aim toward Distributed Denial of Service (DDoS). The different types of DDoS attacks include HTTP flood, slow post, slow read, long-lived Transmission Control Protocol (TCP) sessions, large payload POST, and Common Vulnerabilities and Exposures (CEV) attack vector. For understanding the intensity of the attacks, enterprises need application gateways that provide the necessary security by filtering the application data on networks.
- Published: August 2019
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Market Leaders - Heat-Shrink Tubing Market
The global heat-shrink tubing market is expected to grow from an estimated USD 1.8 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 5.3% during the forecast period. The growth of this market is driven by government initiatives to expand and upgrade the T&D systems and a continuous increase in the global power generation capacity.
- Published: August 2019
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Kraft Heinz (US) and The Hain Celestial Group (US) are the Key Players in the Nutraceutical Products Market
The global nutraceutical products market size is projected to grow from USD 267.4 billion in 2019 to USD 404.8 billion by 2025, recording a CAGR of 7.2% during the forecast period. Increasing aging population, growing focus on preventive healthcare, and mandates on food fortification by government organizations are factors that are projected to drive the growth of the nutraceutical products market.
- Published: August 2019
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New product launches, partnerships, agreements, and collaborations, and acquisitions, to further expand their presence in the global Security Policy Management Market
The global security policy management market size is expected to grow from USD 1.5 billion in 2019 to USD 2.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period. Security policy management solutions are used to control network environment and protect organizations against evolving threats. The solutions also offer changes in management policies, as manual changes to network policies are complex and error-prone, which may slow down business growth. The security policy management solutions also help network administrators, and IT teams to control their network environments and protect their organizations against evolving threats.
- Published: August 2019
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Synthite Industries Pvt. Ltd. (India) and Plant Lipids (India) are the Key Players in the Oleoresins Market
The oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% during the forecast period. The increasing demand for natural products and increasing industrial application of oleoresins in different sectors
- Published: August 2019
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Market Leader - NPK Fertilizers (feed-grade and food-grade) Market
The NPK fertilizers (food-grade) market is estimated to be valued at USD 2.4 billion in 2018 and is projected to reach USD 2.9 billion by 2023, at a CAGR of 4.0%. The market is driven by the rise in consumption of meat and dairy products, the high threat of diseases in livestock, and increasing awareness about the quality of feed and food products.
- Published: August 2019
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5G Market in Aviation Companies - Ericsson (Sweden) and Gogo LLC (US) are the Key Players
The size of 5G market in aviation is expected to grow from USD 0.5 billion in 2021 to USD 3.9 billion by 2026, at a CAGR of 52.7% from 2021 to 2026. Increasing demand for better flight experience and the need for fast internet connectivity in airports and aircraft are some of the major factors driving this market.
- Published: August 2019
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Oracle (US) and SAP (Germany) are playing lead role in System of Insight Market
The system of insight market size is projected to grow from USD 1.2 billion in 2019 to USD 3.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period. The increasing demand for smart devices and Internet of Things (IoT) and increase in the focus of analyzing huge amounts of data to derive real-time meaningful insights are expected to drive the system of insight market.
- Published: July 2019
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Key players adopted various growth strategies, such as new product launches, business expansions, partnerships, agreements, collaborations, and acquisitions, to further expand their presence in the global Autonomous Data Platform Market
The global autonomous data platform market is expected to grow from USD 810 million in 2019 to USD 2,210 million by 2024, at a CAGR of 22.2% during the forecast period. The rise in adoption of cognitive computing technology and advanced analytics, increasing volume of unstructured data (due to the phenomenal growth of interconnected devices and social media), and increasing volume of complex data are expected to drive the growth of autonomous data platform market across the globe. Furthermore, growing demand from SMEs and increasing adoption of cloud technology are expected to provide an opportunity for autonomous data platform market players to grow globally.
- Published: July 2019
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