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Software-Defined Wide Area Network (SD-WAN) for Government Market Insights, Trends | Global Industry Report, 2023 | MarketsandMarkets™

MarketsandMarkets expects the global Software-Defined Wide Area Network (SD-WAN) for government market size to grow from USD 27 million in 2018 to USD 103 million by 2023, at a Compound Annual Growth Rate (CAGR) of 30.5% during the forecast period. SD-WAN is a predefined policy-based route optimization approach to simplify WAN to deliver network services over Multi-Protocol Label Switching (MPLS), broadband, and Long Term Evolution (LTE) network by leveraging the Software-Defined Networking (SDN) technology.

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June 10, 2019

Schaeffler (Germany) and SKF (Sweden) are the Leading Players in the Sliding Bearing Market

High efficiency, low cost, and long life of sliding bearings are some of the important factors that are driving the sliding bearing market for railway. Increasing railway infrastructure investments and technological advancements are also some of the key reasons for the growth of this market. The sliding bearing market is projected to reach USD 1,531 million by 2027 from USD 934 million in 2019, at a CAGR of 6.4% during the forecast period....... Read More
June 10, 2019

Market Leader - Integrated Vehicle Health Management Market

The integrated vehicle health management market is projected to grow at a CAGR of 12.0% during the forecast period. It is estimated to be USD 11.3 billion in 2019 and is projected to reach USD 28.0 billion by 2027. Factors such as the increasing number of connected vehicles, growing on-road transportation, and the emergence of regional companies offering vehicle health solutions are driving the integrated vehicle health management market. ...... Read More
June 7, 2019

ADM (US) and Kerry (Ireland) are the Key Players in the Halal Ingredients Market

The halal ingredients market, in terms of value, is estimated to account for USD 45.7 billion in 2019 and is projected to grow at a CAGR of 6.0%, to reach USD 64.8 billion by 2025. The increasing disposable incomes, growing population, busy lifestyles, and shift in the focus toward highly convenient and instantly processed food products are some of the key trends influencing the growth of the halal ingredients market. Companies across food, pharmaceuticals products, and cosmetics value chain have various opportunities to access or increase their penetration of halal food and ingredients products, either organically or through acquisition. ...... Read More
June 7, 2019

Thermo Fisher Scientific and Waters Corporation are Leading Players in Protein Stability Analysis Market

The protein stability analysis market size is expected to grow from USD 1.2 billion in 2018 to USD 2.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.0 % during the forecast period. The growth of the protein stability analysis market is mainly driven by the growing adoption of open innovation models in pharmaceutical & biotechnology companies and increasing pharmaceutical outsourcing. Emerging economies will provide new growth opportunities for players in the protein stability analysis market.

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June 7, 2019

Passenger Security Companies - Smiths Detection Group Ltd. (UK), SITA (Belgium) are the Key Players

The passenger security market size is expected to grow from USD 4.8 billion in 2019 to USD 6.8 billion by 2024, at a CAGR of 7.2% from 2019 to 2024. The rise in the number of passengers, increasing cybersecurity threats, and development of airports, seaports, and railways are some of the major factors driving this market.

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June 7, 2019

New Product Launches, Mergers & Acquisitions, Contracts & Agreements, Investments & Expansions, and Collaborations in the Ultrasonic Flow Meter Market

The ultrasonic flow meter market is projected to reach USD 2.1 Billion by 2024 from an estimated USD 1.5 Billion in 2019, at a CAGR of 6.5%. The growth of this market is driven by the rise in demand for advanced flow measuring technologies, increase in shale gas exploration activities in the US, and rise in green field investments in China....... Read More
June 6, 2019

McKesson Corporation, AmerisourceBergen Corporation, and Cardinal Health, Inc. are the Leading Players in the Healthcare Distribution Market

The healthcare distribution market is projected to reach USD 1,048.4 billion by 2024 from USD 765.4 billion in 2019, at a CAGR of 6.5% between 2019 and 2024. The growth of this market is majorly driven by the rising incidence of chronic diseases, availability of R&D investments, growing importance of generics, rising adoption of track & trace solutions, and the growth of the medical device industry. Also, emerging markets such as China and India, growth in the biosimilars market, increasing specialty drug dispensing, and increasing uptake of biopharmaceuticals are expected to offer potential growth opportunities to market players in the coming years.

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June 6, 2019

Icertis (US), Apttus Corporation (US), and Coupa Software Inc. (US) are the leading players in the Healthcare Contract Management Software Market

The healthcare contract management software market is projected to reach USD 1,763 million by 2024 from USD 755 million in 2019, at a CAGR of 18.5% during the forecast period. Key players in this market include Determine Inc. (US), CobbleStone Software (US), Concord (US), Contract Logix LLC (US), Icertis (US), Apttus Corporation (US), Optum Inc. (US), nThrive Inc. (US), Experian Plc. (Ireland), Coupa Software Inc. (US), and ScienceSoft (US).

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June 6, 2019

Digital Asset Management Best Practices and Market Insights, Trends | Global Industry Report, 2022 | MarketsandMarkets™

Digital asset management is adopted by companies across the globe to reduce the rising costs and to standardize business processes across the organization. Thus, due to increased digitization and mobility among enterprises, digital asset management providers are increasing their efforts to boost their revenues. The strategic acquisition is an important tactic adopted by key market players to develop new services and gain traction in the digital asset management market. MarketsandMarkets forecasts the digital asset management market to grow from USD 2.4 billion in 2017 to USD 5.7 billion by 2022, at a CAGR of 18% during the forecast period.

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June 6, 2019

BASF SE (Germany) and Fushun Tianfu Chemicals Co., Ltd. (China) are the Leading Players in the 1,6-Hexanediol Market

The 1.6-hexanediol market size is projected to grow from USD 902 million in 2019 to USD 1,401 million by 2025, at a CAGR of 8%, during the forecast period. The demand for 1,6-hexanediol has improved in the recent years due to its increased consumption in the APAC region. In addition, the increasing usage of 1,6-hexanediol in varied applications, such as coatings, PU, acrylates, and polyester resins, has further contributed to the growth of this market. As PU is the largest end user of 1,6-hexanediol, it is used as a chain extender in the PU and other resins application segments. It converts the PU into a modified PU with substantially high corrosion resistance. It permeates different properties in PU, such as high mechanical strength, low glass transition temperature, and high heat resistance....... Read More
June 6, 2019

Application Transformation Market Insights, Trends | Global Industry Report, 2024 | MarketsandMarkets™

The global application transformation market size to grow from USD 9.7 billion in 2019 to USD 16.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.6% during 2019–2024. The emergence of cloud and big data technologies has taken the transformation process to a new and advanced level. The enterprises are striving to achieve a competitive advantage, which can be achieved with the application transformation process in place. The constant need to be updated with new technologies and enhance the Return on Investment (ROI) requires a scientific approach and agile methodology to mitigate the key risks and challenges involved in the existing legacy applications. These factors are expected to drive the global application transformation market.

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June 4, 2019

LED Light Engine Companies - Signify Lighting NV (Netherlands) and OSRAM Licht AG (Germany), are the Key Players

The LED Light Engine Market is expected to be valued at USD 30.0 billion in 2019 and is anticipated to reach USD 59.5 billion by 2024 growing at a CAGR of 14.7% from 2019 to 2024. Rising demand for energy-saving lighting systems; development and modernization of infrastructure, for example, smart cities; availability of low price LEDs; the entrance of LEDs as light sources in general lighting; and accelerating growth of LED technology over conventional lighting technology are key factors influencing the market growth of LED light engines.

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June 4, 2019

DowDuPont (US) and Compagnie de Saint-Gobain S.A. (France) are the Key Players in the Surface Protection Tapes Market

The surface protection tapes market is estimated at USD 12.3 billion in 2019 and is projected to reach USD 18.0 billion by 2024, recording a CAGR of 8%. The demand for surface protection tapes is driven by the growing use of these tapes due to their durability, ease of application, and ease of removal properties....... Read More
June 4, 2019

Early Sense (US) and Eight Sleep (US) are Leading Players in Bed Monitoring System & Baby Monitoring System Market

The global bed monitoring system & baby monitoring system market is expected to grow from USD 1.3 billion in 2019 to USD 1.9 billion by 2024, at a CAGR of 7.9% during the forecast period. Increased investments in healthcare infrastructural development, increasing elderly population, rising adoption of unobtrusive monitoring solutions, increasing focus on reducing the cost of pressure ulcer and fall injuries treatment and increasing online availability and purchase of products are some major factors driving the growth of this market segment.

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June 4, 2019

Aircraft Switches Companies - Honeywell International (US) and Safran (France) are the Key Players

The aircraft switches market is projected to grow from USD 2.2 billion in 2019 to USD 2.6 billion by 2025, at a CAGR of 3.2% during the forecast period. The major factors driving the market include the growing influence of electronics in aircraft and increasing demand for In-flight entertainment & connectivity (IFEC).

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June 4, 2019

New Product Launch is the Key Strategy Adopted by Major Players to Gain Traction in the Blind Spot Solutions Market

The blind spot solutions market is projected to reach USD 28.6 billion by 2027 from an estimated USD 10.6 billion in 2019, at a CAGR of 13.2% during the forecast period. The base year for the report is 2018, and the forecast period is from 2019 to 2027. The key drivers of the market are increasing the adoption rate of advanced technologies by OEMs, rising demand for safety-related features, government mandates, growing demand for semi-autonomous vehicles, and fast-paced development of autonomous vehicles....... Read More
June 3, 2019

Market Leadership - Digital Experience Platform Market

MarketsandMarkets forecasts the Digital Experience Platform (DXP) market to grow from USD 7.9 billion in 2019 to USD 13.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 12.0% during 2019–2024.

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June 3, 2019

Aggreko, PLC (UK) and Caterpillar (US) are the Major Player in the Europe Power Rental Market

The Europe power rental market is estimated to be USD 1.6 billion in 2019 and is projected to reach USD 2.3 billion by 2024, growing at a CAGR of 7.1%, from 2019 to 2024. This market growth is driven primarily by the increasing power demand, lack of power infrastructure, and revamping of old T&D infrastructure. Expansion of IT and data center projects are also expected to fuel the growth of the Europe power rental market during the forecast period....... Read More
June 3, 2019

NCR is a Major Player in Banking Hardware Maintenance, Software Support and Helpdesk Support Services Market

The hardware, software and helpdesk support service for the retail banking market is expected to grow from USD 8.4 billion in 2018 to USD 10.4 billion by 2021, at the Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period over 2018–2021. ATM maintenance holds the major share in the market along with digital singe maintenance and queue management maintenance services respectively. In the UK, the US, France, Germany and Canada banks are deploying advanced ATMs to enhance customer satisfaction. Due to population growth in countries such as Indonesia, Brazil, and Turkey banking infrastructure is expanding. The target market is divided into 7 segments, ATM maintenance service, digital signage maintenance, queue management maintenance, currency sorter, counter and detector maintenance, banking kiosk maintenance, end user device, and peripherals. To maintain the hardware/software and to expand the banking network, banks are investing more on procuring advanced hardware and software in the region.

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May 31, 2019

Avery Dennison Corporation (US) and Intertape Polymer Group (Canada) are the Key Players in the Hot Melt Adhesive Tapes Market

The hot melt adhesive tapes market is projected to grow from USD 15.5 billion in 2019 to USD 21.7 billion by 2024, at a CAGR of 7.0%, between 2019 and 2024. APAC is the largest consumer of hot melt adhesive tapes. The global hot melt adhesive tapes market is witnessing high growth on account of increasing applications, technological advancements, and growing demand in the APAC region....... Read More
May 31, 2019

Fixed Asset Management Software Market Insights, Trends | Global Industry Report, 2024 | MarketsandMarkets™

The fixed asset management software market size is expected to grow from USD 3 billion in 2019 to USD 5.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. Preventive maintenance and IoT technology will likely boost the adoption of fixed asset management software. Additionally, the growing need to reduce operational cost and proliferate profits through efficient management of assets are is another major factor driving the growth of the fixed asset management software market.

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May 31, 2019

Halliburton (US) and Schlumberger (US) are the Major Players in the Well Casing & Cementing Market

The well casing & cementing market is expected to grow from an estimated USD 9.2 billion in 2019 to USD 11.7 billion by 2024, at a CAGR of 5.0% during the forecast period. The growing number of drilling operations has increased the demand for well casing & cementing. ...... Read More
May 31, 2019

Koninklijke Philips N.V. (Netherlands) and Siemens Healthineers (Germany) are Leading Players in BRIC Diagnostic Imaging Equipment Market

The BRIC diagnostic imaging equipment market is projected to reach USD 8.3 billion by 2024 from USD 5.3 billion in 2019, at a CAGR of 9.2% from 2019 to 2024. The major factors driving the growth of the BRIC diagnostic imaging equipment market include the rising burden of target diseases and increasing investments, funds, and grants for the modernization of healthcare facilities. In addition, technological advancements in the diagnostic imaging modalities, rising R&D investments, the growing geriatric population, and awareness initiatives have all supported the growth of this market in BRIC nations.

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May 31, 2019

West Indies Water Operations Cloud Computing MarketInsights, Trends | Industry Report, 2022 | MarketsandMarkets™

The West Indies water operations cloud computing market size is expected to grow from USD 34.3 thousand in 2018 to USD 63.7 billion by 2022, at a CAGR of 16.7% during the forecast period. The major factors driving the West Indies water operations cloud computing market include implementation of smart water projects in West Indies, government initiatives in deploying smart water solution, and government investment to upgrade the water management system in the region.

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May 30, 2019

Key Revenue Pockets - Automatic Labeling Machine Market

The automatic labeling machine market is expected to be worth USD 2.5 billion in 2019. It is expected to grow USD 2.9 billion by 2025, at a CAGR of 3.6% from 2019 to 2024. The factors that are driving the growth of the market include the growing demand for automation in the food industry.

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May 30, 2019

Ethernet Storage Fabric Companies - Mellanox Technologies (Israel), Cisco Systems (US) are the Key Players

The Ethernet storage fabric (ESF) market is expected to grow from USD 1.2 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 12.7% during the forecast period. Increasing demand for need for simplified data center management and rapid adoption of Ethernet storage fabric are the key factors driving the growth of the ESF market.

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May 29, 2019

Robert Bosch (Germany) and Voxx International (US) are the Leading Player in the Vehicle Access Control Market

The vehicle access control market is projected to reach USD 22.6 billion by 2027 from USD 10.8 billion in 2020, at a CAGR of 11.2%. during the forecast period from 2020 to 2027. The growth of the market is influenced by the rising demand for safety & security of vehicles, increasing theft, rising demand of biometric access systems, car manufacturers focusing on consumer preferences, and the need for multi-factor authentication....... Read More
May 29, 2019

Environmental Hazard Monitoring Software Market Insights, Trends | Industry Report, 2021 | MarketsandMarkets™

The environmental hazard and monitoring software in UK, Germany, and Italy, together, is expected to reach a market size of USD 375 million by 2021 from USD 318 million in 2017 at CAGR of 3.3% during the period 2017 to 2021.  The growing need to minimize losses due to natural disasters is one of the major factor driving the adoption of environment hazard and monitoring software. The losses due to natural disasters were in billions where in the UK alone, they amounted to approximately USD 18 billion. Furthermore, countries have introduced and implemented regulations such as the Climate Change Act (2008) in the UK, which has also proved to be a significant factor in the adoption of environmental hazard and monitoring software solutions.

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May 29, 2019

Market Leaders - Industrial Wastewater Treatment Service Market

The global industrial wastewater treatment service market is expected to grow from an estimated USD 20.8 billion in 2019 to USD 28.0 billion by 2024, at a CAGR of 6.1% during the forecast period. The growth of this market is driven by the growth in international environmental norms and regulations, growth in the application of Zero Liquid Discharge (ZLD) initiatives, and eagerness of organizations to be compliant with the environmental norms....... Read More
May 29, 2019

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