Research Insight

Becton, Dickinson and Company (BD) and B. Braun (Germany) are the Major Players in the Infusion Pump Software Market

The global infusion pump software analysis market is projected to reach USD 1,044 million by 2024 from USD 742 million in 2019, at a CAGR of 7.1%. Growth in the infusion pump software analysis market can be attributed to factors such as technological advancements, the availability of reimbursement for home care infusion therapy, rising demand for ambulatory infusion pumps, growing prevalence of chronic diseases, increasing geriatric population, and steady rise in surgical procedural volumes. On the other hand, frequent product recalls of infusion pumps, and increasing incidences of medication errors and lack of wireless connectivity in most hospitals are expected to limit market growth to a certain extent during the forecast period.

• Published: April 2019

New product launches and business expansions are significant growth strategies adopted by the major players to grow further in the Virtual Private Server Market

The global Virtual Private Server (VPS) market size is expected to grow from USD 2.4 billion in 2018 to USD 5.0 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast period. Increasing adoption of cloud-based services among global organizations is expected to create growth opportunities for VPS vendors. With increasing virtualization, Small and Medium Enterprises (SMEs) are largely embracing both private and public cloud services to transform their business processes. The adoption of cloud services has, in turn, led to a steady rise in the demand for VPS for hosting and supporting other critical business functions.

• Published: April 2019

OraSure Technologies (US) and i-Health Lab (US) are the Leading Players in the Over The Counter/OTC Test Market

The OTC tests market is projected to reach USD 22.2 billion by 2024 from USD 11.9 billion in 2018, at CAGR of 11.0% during the forecast period. The growth of the OTC tests market is mainly driven by the rising prevalence of target diseases and disorders, such as diabetes and infectious diseases, both prominent ailments across the globe that require rapid and effective testing. Introduction of combined kits for testing pregnancy and ovulation is expected to provide new growth opportunities for players in the OTC test market.

• Published: April 2019

Lubrizol Corporation (US) and Infineum International Limited (UK) are the Leading Players in the Cold Flow Improvers Market

The global cold flow improvers market is estimated to be USD 605 million in 2018 to USD 806 million by 2023, at a CAGR of 5.9% during the forecast period. The cold flow improvers market is segmented on the basis of end-use industry as automotive, aerospace & defense, and others. Stricter fuel specification and growth in the automotive sector play a key role in driving the demand for high-performance fuel, which in turn, boosted the demand for cold flow improvers. The cold flow improvers market is segmented on the basis of application as diesel fuel, aviation fuel, lubricating oil, and others. The global cold flow market is mainly driven by the high demand from automotive & transportation and industrial sectors in China and India, among others.

• Published: April 2019

RetailNext (US) and Mindtree (India) are leading players in In-store Analytics Market

The global in-store analytics market is expected to grow from USD 1.1 billion in 2018 to USD 3.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 23.5% during the forecast period. Factors that drive the market growth are increased competition from eCommerce players, need for better customer service and enhanced shopping experience, and rising data volume around in-store operations.

• Published: April 2019

Micro-Location Technology Companies - Cisco Systems (US) and Aruba Networks (US) are the Key Players

The micro-location technology market is projected to grow from USD 14.1 billion in 2019 to USD 34.1 billion by 2024 at a CAGR of 19.4%. Factors such as increasing importance of asset management across different industries, rise in the use of location-based mobile advertisement, high return on investment, growing adoption of mobile devices, and inefficiency of GPS in indoor premises are driving the market growth.

• Published: April 2019

BioTime, Inc. (US) and Viacyte, Inc. (US) are leading players in Live Cell Encapsulation Market

The global live cell encapsulation market is projected to reach USD 303 million by 2024 from USD 250 million in 2018, at a CAGR of 3.2% during the forecast period. Factors such as the increasing incidence of target diseases, rising adoption of novel drug delivery systems for disease treatment, technology advancements, increasing public-private investments to support product development, increasing research to establish the clinical efficacy of cell encapsulation technologies, and rising public awareness related to the clinical role of encapsulated cells in disease management are driving the growth of the live cell encapsulation market. However, high manufacturing costs, the limited availability of high-quality raw materials, and the significant adoption of alternative therapies are expected to restrain the growth of this market during the forecast period.

• Published: April 2019

Market Leader - Meter Data Management System Market

The global meter data management system market is projected to reach USD 428 million by 2023 from an estimated USD 169 million in 2018, at a CAGR of 20.48%. This growth can be attributed to factors such as government policies and support for smart metering infrastructure across major global countries and the need for accurate utility bill generation. Meter data management systems are an integral part of smart metering infrastructure as it helps in data collection, synchronization, validation, and estimation of smart meter billing data.

• Published: April 2019

Merger & Acquisition and Investment & Expansion were Among the Key Strategies Adopted by the Leading Players to Strengthen their Position in the Textile Films Market

The textile films market is projected to grow from USD 4.5 billion in 2018 to USD 6.2 billion by 2023, at a CAGR of 6.6%. The major drivers for the textile films market include increasing demand for hygiene products such as baby diapers and sanitary napkins, growing urbanization, and increasing demand for adult diapers.

• Published: April 2019

Sports Optic Companies - Nikon (Japan) and Carl Zeiss (Germany) are the Key Players

The sports optic market is projected to be valued at USD 1.8 billion in 2019 and is expected to reach USD 2.1 billion by 2024, at a CAGR of 2.71% from 2019 to 2024. Major growth drivers are enhanced fan engagement/experience and superior performance specifications such as clarity, sharpness, portability, and magnification.

Major Sports Optic Companies Include: 

• Nikon (Japan),
• Carl Zeiss (Germany),
• Leupold & Stevens (US),
• Bushnell (US),
• Trijicon (US),
• Celestron (US),
• Burris (US),
• Leica Camera (Germany),
• Swarovski Optik (Austria), and
• ATN (US).

Product launches and developments, and partnerships and acquisition were the key strategies adopted by players to grow in the sports optic market from 2016 to 2024.

• Published: March 2019

Vision Sensor Companies - Cognex (US) and Keyence (Japan), are the Key Players

The overall Vision Sensor Market is expected to grow from USD 2.5 billion in 2018 to USD 4.5 billion by 2023—growing at a CAGR of 12.20%. The growth of the electronics and electrical industry, the use of machine vision technology in the automotive industry, and the focus of manufacturing companies on cost and time savings are the factors driving the demand for vision sensors.

• Published: March 2019

Microprinting Companies - Xerox Corporation (US), Videojet Technologies, Inc. (US) are the Key Players

The global microprinting market is expected to grow from USD 525 million in 2019 to USD 670 million by 2024, at a compound annual growth rate (CAGR) of 5.0%. Major factors driving the growth of the microprinting market are standards and regulations in the banking sector, and technological advancement in microprinting technology.

• Published: March 2019

New Products, Adopted Expansion Strategies, and Undertook Collaborations, Partnerships, And Mergers & Acquisitions to Gain Traction in the High-Growth Rolling Stock Management Market

The rolling stock management market is projected to reach USD 58.4 billion by 2025 from an estimated USD 42.8 billion in 2019, at a CAGR of 5.32%. The base year for the report is 2018, and the forecast period is from 2019 to 2025. The growth of the rolling stock management market is influenced by the rising concerns over safety, security, and inspection in the transport business. Also, rolling stock management offers the additional benefits of reducing long term costs and eliminating traditional methods of maintenance. The rolling stock manufacturers include Bombardier (Canada), Alstom (France), General Electric (US), Siemens (Germany), ABB (Switzerland), and others. These companies developed new products, adopted expansion strategies, and undertook collaborations, partnerships, and mergers & acquisitions to gain traction in the high-growth rolling stock management market.

• Published: March 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.

• Published: March 2019

8K Technology Companies - Samsung Electronics (South Korea), Sony (Japan) and LG Electronics (South Korea) are the Leading Manufacturers

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%.

• Published: March 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.

• Published: March 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.

• Published: March 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.

• Published: March 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.

• Published: March 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.

• Published: March 2019

Image Intensifier Companies - Harris Corporation (US) and L3 technologies (US) are the Key Players

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.

• Published: March 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.

• Published: March 2019

Managed services play a crucial role in ensuring quality client experience. Technical expertise, service consistency, and flexibility are some of the important factors associated with the managed services in the 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 Compounded Annual Growth Rate (CAGR) of 10.7% during the forecast period. The increasing focus on digital transformation, growing need for reducing planning and budgeting cycles, and emerging new IT applications in big data and advanced analytics are some of the key factors driving the adoption of financial analytics solutions.

• Published: March 2019

New product launches and upgradations; and partnerships, agreements, and collaborations have been the most dominating strategies adopted by the major players in Transaction Monitoring Market

The global transaction monitoring market is expected to grow from USD 8.3 billion in 2018 to USD 16.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. Factors that are expected to drive the market growth are organizations’ need to manage Know Your Customer (KYC) compliance and mitigate money laundering and Counter-Terrorist Financing (CTF) activities, use of advanced analytics to provide proactive risk alerts, and organizations’ need to comply with stringent regulatory compliances.

• Published: March 2019

Market Leader - Engineered fluids (Fluorinated fluids) Market

The global market size of engineered fluids (fluorinated fluids) is projected to grow from USD 854 million in 2018 to USD 1,304 million by 2023, at a compound annual growth rate (CAGR) of 8.8% during the forecast period. The major driving factors for the market are the chemical inertness, low & high-temperature stability, non-flammability, and low toxicity properties of engineered fluids (fluorinated fluids). These properties enable engineered fluids (fluorinated fluids) to perform under extreme conditions such as high pressure, oxidation-prone environment, and high temperature operating conditions.

• Published: March 2019

Bombardier (Canada) and Alstom (France) are leading players in Automatic Train Control Market

The global Automatic Train Control (ATC) market size is expected to grow from USD 2.2 billion in 2018 to USD 3.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.3% during the forecast period (2018–2023). Major driving factors for the ATC market are the high population growth, hyper urbanization, and technological advancements for improving passenger convenience.

• Published: March 2019

Market Leader - Catalytic Converter Market

The catalytic converter market is projected to grow from USD 42.4 billion in 2018 to USD 73.1 billion by 2025, at a CAGR of 8.10%. The major driving factors for the catalytic converter market are stringent emission norms, fuel efficiency regulations, and increasing adoption rate of SCRs in diesel engines around the globe.

• Published: March 2019

Autonomous Navigation Companies - Raytheon Technologies Corporation (US) and Thales Group (France) are the Key Players

The market for autonomous navigation is estimated to be USD 6.0 billion in 2023 and is projected to reach USD 12.9 billion by 2028, at a CAGR of 16.4% during the forecast period. The growth of autonomous navigation market is expected to grow significantly due to advanced sense and avoid systems in unmanned vehicles and improved safety & efficiency with autonomous navigation technology

• Published: March 2019

Transparent Display Companies - Planar Systems (US) and Pro Display (UK) are the Key Players

The overall transparent display is expected to grow from USD 408 million in 2018 to USD 2,591 million by 2023, at a CAGR of 44.7% from 2018 to 2023. High growth for OLED based transparent display devices and high adoption of transparent displays for digital signage products are expected to provide huge growth opportunities to players in the transparent display market. The growth of the transparent display market is driven by factors such as growing demand for LCD-based transparent displays for various verticals, and increasing use of transparent displays for HMD and HUD products.

• Published: March 2019

Gurit Holding AG (Switzerland) and TPI Composites (US) are the Key Players in the Fiberglass Mold Market

The fiberglass mold market size is USD 309 million in 2019 and is projected to reach USD 468 million by 2024, at a CAGR of 8.7% between 2019 and 2024. The major factor driving the market is growing demand from APAC and the emerging wind energy industry.

• Published: March 2019

Deere & Company (US) and DSM (Netherlands) are the Key Players in the Food & Agriculture Technology and Products Market

The global food & agriculture technology and products market size is projected to grow from USD 494.9 billion in 2018 to USD 729.5 billion by 2023, at a CAGR of 8.1% during the forecast period. The increase in demand and consumption of livestock-based products and seafood, rise in consumer awareness about food safety, governments’ support to adopt modern agricultural techniques, and demand for agricultural production due to the increasing population are some of the major drivers for the growth of the food & agriculture technology and products market.

• Published: March 2019

Adobe (US) and SAP (Germany) are the Key Players in the Multi-Touch Marketing Attribution Software Market

The global multi-touch marketing attribution software market size is expected to grow from USD 816 million in 2018 to USD 1,634 million by 2023, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period. The major factors driving the growth of multi-touch marketing attribution software market are rising need to optimize marketing spend and growing number of marketing channels to reach end customers.

• Published: March 2019

Glen Dimplex Group (Ireland) and Legacy Chiller Systems Inc. (US) are leading players in Medical Equipment Cooling Market

The global medical equipment cooling market is projected to reach USD 233 million by 2024 from USD 193 million in 2019, at a CAGR of 3.8%. Growth in the medical equipment cooling market can be attributed to factors such as economic benefits offered by cooling systems, technological advancements in diagnostic imaging modalities, rising geriatric population, and a growing number of diagnostic centers and hospitals. On the other hand, the risk of corrosion in cooling systems may also pose a major challenge to market growth in the coming years.

• Published: March 2019

Market Leader - Anti-Graffiti Coatings Market

The anti-graffiti coatings market report covers both anti-graffiti coatings and anti-graffiti films market. The combined market size of anti-graffiti coatings & films is projected to grow from USD 72 million in 2018 to USD 87 million by 2023, at a compound annual growth rate (CAGR) of 3.8% during the forecast period. Anti-graffiti coatings and films are specialty protective coatings and films that are used to resist the damage caused to the substrates by graffiti vandalism. The increasing demand for protective systems that offer protection against graffiti or vandalism from the residential and commercial construction industries and growth in the construction industry are major factors driving the anti-graffiti coatings & films market.

• Published: March 2019

Autonomous Aircraft Companies - Boeing (US), Airbus (France) are the Key Players

Autonomous aircraft refers to aircraft with capabilities to acquire, understand, and process information to make decisions and take necessary actions for the flight operations of an aircraft, without any human interference. The current market of autonomous aircraft includes increasingly autonomous aircraft that possess semi-autonomous capabilities for various flight operations, and fully autonomous aircraft that the current market is moving towards, which will involve complete autonomy in all flight operations. Autonomous aircraft’s autonomy components include – flight management computers, air data inertial reference unit, sensors, actuation system, software, intelligent servos, cameras, radars & transponders, and propulsion system. The autonomous aircraft market is projected to grow from an estimated USD 3.6 billion in 2018 to 23.7 billion by 2030, at a CAGR of 17.06% during the forecast period. This growth can be attributed to reduction in human error due to increased autonomy, increased cost savings, and advancements in artificial intelligence through deep learning.

• Published: March 2019

Gemalto (Netherlands) and CA Technologies (US) are leading players in Out of Band Authentication Market

The Out of Band Authentication (OOBA) market is defined as a process that uses two different signals from two or more authentication channels for the authentication of a user. The process relies on two or more unconnected channels for authentication, which prevents identity frauds and account takeovers. OOBA solutions are available as hardware and software solutions, which essentially prevent man-in-the-middle attacks. Two-factor Authentication (2FA) or Multi Factor Authentication (MFA) make use of SMS, email, push notification, biometric, voice, and various other authentication channels to allow users to authenticate themselves on other bands apart from the one they have logged in. The global OOBA market is expected to grow from USD 533 million in 2018 to USD 1,532 million by 2023, at a Compound Annual Growth Rate (CAGR) of 23.5% from 2018 to 2023.

• Published: March 2019

Atlas Copco AB (Sweden) and Busch Holding GmBH (Germany) are leading players in Medical Vacuum Systems Market

The global medical vacuum systems market is projected to reach USD 1.6 billion by 2024 from USD 1.1 billion in 2018, at a CAGR of 6.3%. Technological advancements in vacuum systems, stringent regulatory frameworks mandating the use of vacuum systems, the increasing number of target surgical procedures across major markets, and the rising number of diagnostic imaging procedures are the major factors driving the growth of the global medical vacuum systems market.

• Published: March 2019

CECO Environmental (US) and TAIKISHA limited (Japan) are the Key Players in the Adsorption Equipment Market

The global adsorption equipment market is estimated to be USD 370 million in 2018 and is projected to reach USD 478 million by 2023, at a CAGR of 5.3% during the same period. The stringent regulations for the control of VOC emissions are mainly driving the demand for adsorption equipment. The manufacturing industries such as automotive paints, chemical, semiconductor, printing, and paper have to comply with VOC mandates to control air pollution. This, in turn, is expected to propel the demand for adsorption equipment. The industrial growth in APAC is expected to offer lucrative growth opportunities for the adsorption equipment manufacturers. Easy access to raw materials, low production costs, and easy availability of labor have fueled the growth of the automotive, chemical, food & beverage, and pharmaceutical industries in APAC. These factors have attracted key multinational manufacturers to the region, which, in turn, is expected to drive the adsorption equipment market. The high cost of installation is the major challenge for the adsorption equipment market. The cost of installation is 20–25% of the overall equipment cost, thus hindering end users to install this equipment.

• Published: March 2019

Syapse, Inc. (US) and 2bPrecise LLC (Israel) are the Major Players in the Precision Medicine Software Market

The precision medicine software market is projected to reach USD 2.0 billion by 2024 from USD 1.2 billion in 2019, at a CAGR of 11.5%. Factors such as the rising government funding in precision medicine initiatives, partnerships among pharmaceutical and software companies, the entry of new players & VC funding, and growth in the number of cancer patients are driving the growth of the precision medicine software market. Also, emerging markets, cloud-based solutions, and artificial intelligence in precision medicine may act as an important boosting factor for the exponential growth of the precision medicine software market. On the other hand, the high cost of deployment, issues related to the secure storage of large volumes of sequenced data, lack of reimbursement for precision medicine-based treatments, and lack of skilled IT professionals in healthcare are the key factors that are expected to challenge market growth to a certain extent during the forecast period.

• Published: March 2019

Google (US) and Facebook (US) are Leading Players in Real time Bidding Market

MarketsandMarkets expects the global Real Time Bidding (RTB) market size to grow from USD 6.6 billion in 2019 to USD 27.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period. The RTB market has growth potential in the years to come, owing to the expanding cyber threat landscape, data security, authenticity, legal compliance, and regulation.

• Published: March 2019

Market Leader - Polymer Emulsion Market

The global polymer emulsion market size is estimated at USD 25.2 billion in 2020 and is projected to reach USD 38.1 billion by 2025, at a CAGR of 8.6%, between 2020 and 2025.  Monomers dissolved in water are known as polymer emulsions. They are formed by a chain reaction known as emulsion polymerization. They are also known as waterborne polymers due to their water content. Polymer emulsions are used increasingly as substitutes for solvent-based polymers. Polymer emulsions have high molecular weight and are considered eco-friendly as they have low VOCs. The key applications of polymer emulsion are paints & coatings, paper & paperboard, adhesives & sealants, and others.

• Published: March 2019

Illumina (US) and Thermo Fisher Scientific (US) are the Major Players in the miRNA Sequencing and Assay Market

The miRNA sequencing and assays market is projected to reach USD 343 million by 2024 from USD 182 million in 2018, at a CAGR of 11.2% during the forecast period. The major driving factors in the miRNA sequencing and assays market are the advantages of miRNA sequencing over other technologies, increasing research funding for genomics, and the decreasing cost of sequencing.

• Published: March 2019

Emerson (US) and Wartsila (Finland) are the Leading Players in the Valve Remote Control System Market

The global valve remote control system market is projected to reach USD 8.0 billion by 2023 from an estimated USD 6.4 billion in 2018, at a CAGR of 4.73%. An increased need for an industrial valve for oil & gas production along with demand automation and predictive maintenance from manufacturing industries are factors driving the valve remote control system market.

• Published: March 2019

Key players have adopted various strategies to grow in the global Gamification in Education Market

scoring, competitions, badges in digital forms, leaderboards, etc., to promote active learning in educational institutes as well as corporates. MarketsandMarkets expects the gamification in education market size to grow from USD 450 million in 2018 to USD 1,800 million by 2023, at a Compound Annual Growth Rate (CAGR) of 32.0% during the forecast period.

• Published: March 2019

Freudenberg Group (Germany) and Trelleborg AB (Sweden) are the Key Players in the Medical Processing Seals Market

Medical processing seals are an important part of almost every medical device & equipment, as they are used for various functions such as to prevent contamination & leakage and to reduce friction & abrasion, among others. The properties of medical processing seals such as excellent chemical resistance, stability at extreme temperatures & pressure conditions enable them to be used in different applications. These properties are thus expected to drive the demand for medical processing seals during the forecast period.

• Published: March 2019

DowDuPont (US), Roquette (France), Ashland (US), and BASF (Germany) are the leading players in the Latin Pharmaceutical Excipients Market

The Latin America pharmaceutical excipients market is projected to reach USD 579 million by 2024 from USD 403 million in 2019, at a CAGR of 7.5% during the forecast period. Factors such as the growing pharmaceutical industry coupled with advancements in functional excipients, growing generics market propelled by patent cliffs, and the rapidly growing biopharmaceuticals sector are driving the market for pharmaceutical excipients. Also, the increasing focus of MNCs on investing in the pharmaceutical and healthcare sectors in Latin America, availability of local and government funding for R&D activities, and rapid growth in aging population & the subsequent increase in the prevalence of related diseases are propelling the market in this region. The emergence of multifunctional and co-processed excipients, shifting focus of pharmaceutical manufacturing to emerging markets, and the growing biologics and biosimilars industry also present significant opportunities for market growth. However, the increasing regulatory stringency regarding the approval of drugs and excipients along with the cost and time-intensive drug development process are expected to restrain the growth of this market during the forecast period.

• Published: March 2019

Royal DSM N.V. (Netherlands) and HACOTECH GmbH (Germany) are the Key Players in the Hybrid Fabric Market

The market size of hybrid fabric is expected to grow from USD 197 million in 2019 to USD 415 million by 2024, at a CAGR of 16.0% during the forecast period. The major drivers of the market are balanced cost and performance characteristics offered by hybrid fabric.

• Published: February 2019

Rolls-Royce (UK) and John Deere (US) are the Leading Players in the North America Engines Market

The North America engines market is projected to reach USD 3.7 billion by 2023, at a CAGR of 4.52% from an estimated USD 2.9 billion in 2018. The growth of the North America engines market is mainly driven by the need for reliable and uninterrupted power supply and rise in demand for commercial vehicles due to increase in seaborne trade.

• Published: February 2019

Microsoft, Symantec, VMware, and Citrix have Majorly Adopted Strategies, Such as new Product Enhancements, Acquisitions, and Partnerships, to Expand Their Product Portfolios and Grow Further in the Application Virtualization Market

The global Application Virtualization market size is expected to grow from USD 2.2 billion in 2018 to USD 4.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period. Solutions for lengthy application installation process with improved security and simplifying the overall application life cycle are expected to spur the demand for Application virtualization offerings across the globe.

• Published: February 2019

Market Leader - Food Processing Seals Market

The food processing seals market size is projected to grow from USD 2.7 billion in 2018 to USD 3.2 billion by 2023, at a compound annual growth rate (CAGR) of 3.3%, during the forecast period. The major driving factors in the food processing seals market are the presence of stringent regulations regarding the use of food grade seals and increasing demand for processed food products.

• Published: February 2019