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Pharmaceutical Packaging Equipment Market worth $10.4 billion by 2025

The report "Pharmaceutical Packaging Equipment Market by Product (Aseptic Packaging, Blister, Strip, Bottle, Tube, Carton, Case Packer, Wrapping Machine, Palletizing, Labeling & Serialization), Type (Tablet, Powder, Cream, Syrup, Aerosol), Region - Global Forecast to 2025", The global pharmaceutical packaging equipment market size is projected to reach USD 10.4 billion by 2025 from USD 7.3 billion in 2020, at a CAGR of 7.4% from 2020 to 2025. The growth of the global pharmaceutical packaging equipment industry is driven by the rapidly growing generic and biopharmaceutical markets, growth in OTC drug sales, rising need for flexible and integrated packaging equipment, increased offshore manufacturing in the pharmaceuticals market, and the introduction of regulatory standards on packaging and stringent norms against counterfeiting.

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October 23, 2020

Modular Uninterruptible Power Supply (UPS) Market worth $6.0 billion by 2025

The report "Modular Uninterruptible Power Supply (UPS) Market by Component (Solutions (50kVA & below, 51-100 kVA, 101-250 kVA, 251-500 kVA) and Services (Consulting, Integration & Implementation)), Enterprise Size, Vertical, and Region - Global Forecast to 2025", size is expected to grow from USD 3.7 billion in 2020 to USD 6.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period. The major factors driving the growth of the Modular UPS market include increasing demand for zero power downtime from various sectors, growing need for scalable and redundant power systems, and demand for hyperscale data centers, cloud usage, and large colocation facilities.

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October 23, 2020

Weather Forecasting Services Market worth $2.3 billion by 2025

The report "Weather Forecasting Services Market by Industry (Aviation, Agriculture, Marine, Oil & Gas, Energy & Utilities, Insurance, Retail, Media), Forecasting Type (Nowcast, Short, Medium, Long), Purpose, Organization Size & Region - Global Forecast to 2025", size is projected to grow from an estimated USD 1.5 billion in 2020 to USD 2.3 billion by 2025, at a CAGR of 9.3% during the forecast period. This growth can be attributed to the increasing safety concerns in end-use industries and a rise in climate change patterns resulting in uncertainties related to rainfall.

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October 23, 2020

Top Robotics Market worth $176.8 billion by 2025

The report "Top Robotics Market with COVID-19 Impact Analysis by Top Industrial Robotics (Articulated, SCARA, Cartesian, Parallel, Collaborative), Top Service Robotics (Logistics, Domestic, Medical, Defense, Rescue, and Security) - Global Forecast to 2025", is projected to grow from USD 76.6 billion in 2020 to USD 176.8 billion by 2025; it is expected to grow at a CAGR of 18.2% during the forecast period. Owing to COVID-19, the top robotics market is estimated to have lower growth for 2019–2020 than expected. The key reason for this is that the market for industrial robots is expected to be severely impacted due to COVID-19 during Q3 and Q4 of 2020, which can be attributed to a slowdown in production in the large industries such as automotive and metals & machinery. Some service robots, such as drones and AGVs, are witnessing increased growth due to the need for no contact delivery. However, milking robots are expected to have a decline due to supply chain disruptions in agriculture.

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October 23, 2020

Injection Molding Polyamide 6 Market worth $10.4 billion by 2025

The report "Injection Molding Polyamide 6 Market by Grade (Reinforced PA6, Unreinforced PA6, Others), End-use Industry (Automotive, Electrical & Electronics, Industrial/Machinery, Consumer Goods & Appliances, Construction, Others), Region - Global Forecast to 2025", is projected to grow from USD 7.5 billion in 2020 to USD 10.4 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The market is witnessing average growth across the world due to factors such as growing end-use industries in emerging economies, increased use of polyamide 6 in the automotive industry are factors fueling the growth of the market.

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October 23, 2020

Photoresist & Photoresist Ancillaries Market worth $4.2 billion by 2025

The report "Photoresist & Photoresist Ancillaries Market by Application (Semiconductor & IC,LCD, PCB), Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-line & I-line), Ancillary Type (Anti-reflective Coating, Remover, Developer), Region - Global Forecast to 2025", size is estimated to be USD 3.3 billion in 2020 and projected to reach USD 4.2 billion, by 2025, at a CAGR of 4.8%. The growth of the market is attributed to increasing demand for high-end semiconductors chip or ICs for applications such as nano-devices, IoT, 5G, and artificial intelligence.

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October 22, 2020

Hydraulic Workover Unit Market worth $11.0 billion by 2025

The report "Hydraulic Workover Unit Market by Service (Workover & Snubbing), Installation (Skid Mounted & Trailer Mounted), Capacity (0–50 Tonnes, 51–150 Tonnes, and Above 150 Tonnes), Application (Onshore, Offshore), and Region - Global Forecast to 2025", The hydraulic workover unit market size will grow to  USD 11.0 billion by 2025 (forecasted year) from USD 8.1 billion in 2020 (estimated year), at a post-COVID-19 CAGR of 6.3% during the forecast period. The rising number of mature fields in Europe and the Middle East, along with rising primary energy demand from the Asia Pacific, are the driving factors for the hydraulic workover unit market globally. The hydraulic workover unit activities are fundamental requirements while well completion, production, and well abandonment, which creates opportunities for growth of the market.

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October 22, 2020

Smart Robots Market worth $23.0 billion by 2025

The report "Smart Robots Market with COVID-19 Impact Analysis by Component (Sensors, Actuators, Control Systems), Type, Operating Environment, Mobility, Application (Domestic, Field/Agricultural, Public Relations, Industrial), and Region - Global Forecast to 2025", size is expected to grow from USD 6.1 billion in 2020 to USD 23.0 billion by 2025, at a CAGR of 30.5% during the forecast period. Smart robots are increasingly being adopted for new applications due to various advantages such as increased productivity, streamlined processes, and greater workplace safety. The main advantage of using robots is the reduction in the cost of operations and high ROI. The increasing demand for smart robots is due to the rising integration of IoT in robots for cost-efficient predictive maintenance. Predictive maintenance is forecasting potential issues before they happen. An IoT-based solution allows storing terabytes of data and running machine learning algorithms on several computers parallel to forecast potential hazards and pinpoint when industrial equipment are likely to fail, thereby assisting in predictive maintenance. Increasing funding for research on robots is one of the major drivers contributing to the growth of the market. Funding for research on robotics has increased significantly over the past few years. Governments of multiple countries are undertaking initiatives for the development of robotics technology. For instance, with a total budget of ~USD 314 million (EUR 235), the European Commission has funded research, innovation, and development activities for smart service robots in assisted living environments, such as rehabilitation centers, under the Active and Assisted Living (AAL) joint program for the period of 2018 to 2020.

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October 22, 2020

Flexible Plastic Packaging Market worth $200.5 billion by 2025

The report "Flexible Plastic Packaging Market by Type (Pouches, Rollstocks, Bags, Wraps), Material (Plastic & Aluminum Foil), Application (Food, Beverage, Pharma & Healthcare, Personal care & Cosmetics), Technology, and Region – Global Forecast To 2025", The global flexible plastic packaging market size is projected to grow from USD 160.8 billion in 2020 to USD 200.5 billion by 2025, at a CAGR of 4.5% from 2020 to 2025. The market is projected to grow in accordance with the increase in the demand for flexible plastic packaging for food, beverage, and cosmetics products across the globe. Furthermore, the flexible plastic packaging market has witnessed a significant increase in its demand for the supply of grocery, drugs, and vegetables & meat through online channels, during the ongoing COVID-19 pandemic.

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October 22, 2020

Cloud-based Contact Center Market worth $36.1 billion by 2025

According to a research report "Cloud-based Contact Center Market by Component (Solutions and Services), Deployment Model (Public Cloud and Private Cloud), Organization Size, Industry (BFSI, Telecommunications, and Retail and Consumer Goods), and Region - Global Forecast to 2025", published by MarketsandMarkets, the global cloud-based contact center market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 25.8% during the forecast period, to reach USD 36.1 billion by 2025 from USD 11.5 billion in 2020. The increase in the need to improve consumer experience and the rise in the number of enterprises harnessing the benefits of contact center have propelled the adoption of cloud-based contact center solutions. Cloud-based contact center offerings provide cost-effective contact center solutions for Small and Medium-sized Enterprises (SMEs). This is expected to further fuel the demand for these solutions among the end-users.

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October 22, 2020

Data Center Infrastructure Management Market worth $2.9 billion by 2025

The report "Data Center Infrastructure Management Market by Component, Application (Asset Management, Power Monitoring, Capacity Management, and Environmental Monitoring), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2025", size is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period, to reach USD 2.9 billion by 2025 from USD 1.5 billion in 2020. The DCIM software enables a broader data center ecosystem, ranging from enterprise to edge and cloud data centers. As most workloads still exist in enterprise data centers, the need for optimizing data center operations becomes critical to organizations using enterprise data centers. Similarly, colocation, managed, and cloud data centers require a robust and holistic data center optimization technology for the overall data center efficiency. The DCIM software fulfills these requirements and provides its users end-to-end visibility across a data center infrastructure, including data center assets, power, cooling, and day-to-day operations in real-time. By providing end-to-end visibility, DCIM ensures better asset and resource availability, energy and workflow efficiency, asset management, and capacity planning.

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October 21, 2020

Cold Chain Market worth $340.3 billion by 2025

According to MarketsandMarkets, the "Cold Chain Market by Application (Fruits & Vegetables, Dairy & Frozen Desserts, Fish, Meat & Seafood, Bakery & Confectionery), Temperature Type (Frozen, Chilled), Type (Refrigerated Transport, Refrigerated Warehousing), Region - Global Forecast to 2025", size is estimated to be valued at USD 233.8 billion in 2020 and projected to reach USD 340.3 billion by 2025, recording a CAGR of 7.8%, in terms of value. The rise in consumer awareness to mitigate food wastage and the increasing consumer demand for convenience food & beverages with increased shelf-life has been boosting the cold chain market, globally. Governments of numerous countries have been bolstering the infrastructure investment of the cold chain, which has been augmenting the cold chain market growth.

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October 21, 2020

Military Robots Market worth $24.2 billion by 2025

The report "Military Robots Market by Type (Land, Marine, Airborne), Application, System, Deployment Method, Range, End User (Defense, Homeland Security), Mode of Operation, Propulsion and region - Global Forecast to 2025", size is projected to grow from USD 14.5 billion in 2020 to USD 24.2 billion by 2025, at a CAGR of 10.7% from 2020 to 2025. Drivers for this market include the increasing use of robots for mine countermeasures and the increasing use of UAVs in life-threatening missions.

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October 21, 2020

Antimicrobial Susceptibility Testing Market worth $4.2 billion by 2025

The report "Antimicrobial Susceptibility Testing Market by Product (Manual, Automated Susceptibility Testing System), Type (Antibacterial, Antifungal), Application (Clinical Diagnostics), Method (ETEST, Disk Diffusion), End-User - Global Forecasts to 2025", is projected to reach USD 4.2 billion by 2025 from USD 3.2 billion in 2020, at a CAGR of 5.5% during the forecast period. The growth of this market is mainly driven by the growing number of hospitals across major markets, increasing awareness about diagnosis and the treatment of hospital-acquired infections coupled with the increasing adoption of rapid AST methods. Moreover, rising R&D investments by the key players operating in the market to develop genetics and genotyping-based AST solutions coupled with growing funding & grants for AST-related research are other important factors to drive the market growth in the near future.

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October 21, 2020

Carbon Capture, Utilization, and Storage Market worth $3.5 billion by 2025

The report "Carbon Capture, Utilization, and Storage Market by Service (Capture, Transportation, Utilization, Storage), End-Use Industry (Oil & Gas, Iron & Steel, Cement, Chemical & Petrochemical, Power Generation), and Region - Global Forecast to 2025", The global carbon capture, utilization, and storage market size is expected to grow from USD 1.6 billion in 2020 to USD 3.5 billion by 2025, at a CAGR of 17.0% during the forecast period. The carbon capture, utilization, and storage market are growing due to the increasing usage of CCSU systems in the oil & gas and power generation sector to reduce harmful carbon emissions.

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October 21, 2020

Research Antibodies & Reagents Market worth $14.1 Billion by 2025

The report "Research Antibodies & Reagents Market by Product (Antibodies (Type, Form, Source, Research Area), Reagents), Technology (Western blotting, Flow Cytometry), Application (Proteomics, Drug Development), End User - COVID-19 Impact - Global Forecast to 2025", market is projected to reach USD 14.1 billion by 2025 from USD 10.1 billion in 2020, at a CAGR of 6.7% during the forecast period. The growth is due to evolution of market owing to factors such as growth in proteomics and genomics research, rising demand for high-quality antibodies for research reproducibility, and increasing R&D activity and expenditure in the life sciences industry. Fueled by the growing demand for personalized medicine and structure-based drug design, the global research antibodies and reagents market is expected to witness significant growth in the coming years.

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October 20, 2020

Polyimide Films and Tapes Market worth $2.1 billion by 2025

The report "Polyimide Films and Tapes Market by Application (Flexible Printed Circuits, Specialty Fabricated Products, Pressure Sensitive Tapes, Motors/Generators, Wires/Cables), End-Use Industry - Global Forecast to 2025", is estimated to be USD 1.4 billion in 2020 and is projected to reach USD 2.1 billion by 2025, at a CAGR of 7.9% from 2020 to 2025. Increased demand from the electronics industry, the growing automotive industry, and superior thermal & mechanical properties of polyimide films in comparison to other polymers are the key factors driving the growth of this market.

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October 20, 2020

Automotive Cyber Security Market worth $4.0 billion by 2025

The report "Automotive Cyber Security Market by Form (In-Vehicle, External Cloud Services), Security (Endpoint, Application, Wireless Network), Application (Infotainment, Powertrain, ADAS & Safety), Vehicle Type, EV Type, and Region - Global Forecast to 2025", size is projected to grow from USD 1.9 billion in 2020 to USD 4.0 billion by 2025, at a CAGR of 16.5%. Increased use of electronics per vehicle and a growing number of connected cars, and reinforcement of mandates by regulatory bodies for vehicle data protection are key factors that will drive the market for the automotive cybersecurity market. The growth of the V2X market is also one of the factors that drive the automotive cybersecurity market.

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October 20, 2020

Magnetic Refrigeration Market worth $165 million by 2027

The report "Magnetic Refrigeration Market by Product ((Refrigeration Systems (Beverage Cooler, Cabinet Display, Refrigerator), Air Conditioning Systems)), Application (Domestic, Commercial, Transportation, and Industrial), and Geography - Global Forecast to 2027", is expected to be commercialized by 2022 at USD 4 million. It is expected to grow at a CAGR of 105.4 % from 2022 to 2027 to reach USD 165 million by 2027. Increasing government initiatives on green technology, low maintenance costs, and compact design and high energy efficiency are the factors driving the growth of the magnetic refrigeration market. The adoption of magnetic refrigeration in the commercial sector and high potential across the industrial sector provide opportunities to the magnetic refrigeration market players during the forecast period.

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October 20, 2020

Speech Analytics Market worth $3.8 billion by 2025

According to a research report "Speech Analytics Market by Component (Solutions (Indexing & Query, Speech Engine) and Services), Application (Customer Experience Management, Competitive Intelligence), Vertical, Organization Size, Deployment Mode, and Region - Global Forecast to 2025", published by MarketsandMarkets the global speech analytics market size to grow from USD 1.5 billion in 2020 to USD 3.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 20.2% during the forecast period. The major factors driving the growth of the speech analytics market are increasing need to improve customer journey and overall experience, growing demand to monitor and improve agent performance, and adherence to regulatory and compliance standards. Furthermore, rising need to predict customer intent and monitor agent behavior, use of AI and ML based technologies to facilitate real-time actionable customer insights, and growing need for cloud-based speech analytics solutions to bolster customer retention are expected to provide opportunities for enterprises operating in various verticals in the speech analytics market.

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October 20, 2020

Phase Change Material Market worth $889 million by 2025

The report "Phase Change Material Market by Type(Organic, Inorganic), Application (Building & Construction, HVAC, Cold Chain & Packaging, Thermal Energy Storage, Textile, Electronics), Region - Global Forecast to 2025", the phase change material (PCM) market is projected to reach USD 889 million by 2025, at a CAGR of 16.0% from USD 423 million in 2020.

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October 19, 2020

Photovoltaic Market worth $113.1 billion by 2025

The report "Photovoltaic Market with COVID-19 Impact, by Component (Modules, Inverters), Material (Silicon, Compounds), Installation Type (Ground Mounted, BIPV), Application (Residential, Commercial & Industrial, Utilities) and Region - Global Forecast to 2025", size is expected to grow from USD 76.6 billion in 2020 to USD 113.1 billion by 2025, at a CAGR of 8.1%. The supportive government policies and initiatives are expected to fuel the demand for photovoltaic systems. The growing demand for PV system for residential applications is expected to play a vital role in the growth of the photovoltaic industry.

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October 19, 2020

Special Mission Aircraft Market worth $18.3 billion by 2025

The report "Special Mission Aircraft Market by Platform (Military Aviation, Commercial Aviation, UAV), by Application (ISR, Command and Control, Combat Support, Air-Launch/Rocket Launch) by Payload, by End-User, by Point of Sale, and by Region - Forecast to 2025", size is projected to grow from USD 13.5 billion in 2020 to USD 18.3 billion by 2025, at a CAGR of 6.2% from 2020 to 2025. The market is driven by various factors, such as the growing need for air-to-air refueling to support overseas deployment and increasing usage of UAVs in military operations.

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October 19, 2020

Liquid Adhesives Market worth $44.6 billion by 2025

The report "Liquid Adhesives Market by Technology (Water-based, Solvent-based, Reactive& Others), End-Use Industry (Paper, Packaging & Related Products, Building & Construction, Medical, Assembly & Others), Region - Global Forecast to 2025", size is projected to grow from USD 35.8 billion in 2020 to USD 44.6 billion by 2025, at a CAGR of 4.5%. There has been wide acceptance of liquid adhesives in various end-use industries such as paper, packaging & related products, building & construction, medical and assembly & others, which is expected to drive the market. The growth of the liquid adhesives market in the paper, packaging & related products segment can be attributed to the increased use of liquid adhesives in a wide variety of paper bonding applications ranging from corrugated box construction and the lamination of printed sheets to packaging materials used in all types of consumer products and the production of large industrial tubes and cores.

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October 19, 2020

Identity Verification Market worth $15.8 billion by 2025

The report "Identity Verification Market by Component (Solutions and Services), Type (Non-Biometric and Biometric), Organization Size, Deployment Mode, Vertical (BFSI, Government and Defense, and Healthcare and Life Sciences), and Region - Global Forecast to 2025", size to grow from USD 7.6 billion in 2020 to USD 15.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. Increasing digitalization with initiatives, Increase in fraudulent activities and identity theft, and increasing use cases of digital identities are major growth factors for the market. Initiatives by governments and enterprises with focus on digitalization and increased adoption of cloud-based identity verification and increasing need to improve customer expectations among verticals such as BFSI would provide lucrative opportunities for vendors in the identity verification market.

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October 19, 2020

Gummy Vitamins Market worth $10.6 billion by 2025

The report "Gummy Vitamins Market by Product Type (Multivitamins, Single Vitamins), Source (Animal, Plant), Packaging Type (Bottles & Jars, Pouches), Distribution Channel (Store-Based, Online), End User (Adult, Children), and Region - Global Forecast to 2025", According to MarketsandMarkets, the global gummy vitamins market size is estimated to be valued at USD 5.9 billion in 2020 and is projected to reach USD 10.6 billion by 2025, recording a CAGR of 12.5% in terms of value. The increasing prevalence of vitamin deficiencies and undernourishment along with growing demand and awareness for on-the-go supplements, supporting better health among consumers, is driving the majority growth of the global gummy vitamins market. Apart from that, the hike in need for immunity boosting or supporting products, as a preventive healthcare measure, is further rocketing the growth of the gummy vitamins market.

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October 16, 2020

Cryocooler Market worth $3.1 billion by 2025

The report "Cryocooler Market with COVID-19 Impact and Analysis by Type (GM, PT, JT, Stirling, Brayton), Offering (Hardware, Services), Heat Exchanger (Recuperative, Regenerative) Operating Cycle (Open,Closed loop), Application, and Geography - Global Forecast to 2025", is expected to grow to USD 3.1 billion by 2025 from an estimated USD 2.3 billion in 2020, at a CAGR of 6% during 2020-2025 period. The rising adoption of cryocoolers in semiconductor industry, superconducting magnets, and power systems, along with surging adoption of cryocoolers in MRI, NMR equipment, and proton therapy in healthcare sector are major factors driving the growth of cryoclooer market globally. The other key factors driving the growth of  the market includes the increasing demand for cryocoolers in space applications and the development of cryocoolers for microsatellite military applications.

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October 16, 2020

Predictive Analytics Market worth $21.5 billion by 2025

The report "Predictive Analytics Market by Solution (Financial Analytics, Risk Analytics, Marketing Analytics, Web & Social Media Analytics, Network Analytics), Service, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2025 ", size to grow from USD 7.2 billion in 2020 to USD 21.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 24.5% during the forecast period. Various factors such as the growing focus on digital transformation, rise adoption of big data and AI and ML technologies, increasing focus on remote monitoring in support of the COVID-19 pandemic, and the need to forecast possible future financial scenarios to answer specific business questions are expected to drive the adoption of the predictive analytics market.

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October 16, 2020

Automotive Seats Market worth $60.0 billion by 2025

The report "Automotive Seats Market by Type & Technology (Heated-Powered, Heated-Ventilated, Heated-Memory, Heated-Ventilated-Memory, Heated-Ventilated-Memory-Massage), Trim & Frame Material, Component, Vehicle (ICE, Electric,OHV) and Region - Global Forecast to 2025", is projected to grow to USD 60.0 billion by 2025 from USD 51.9 billion in 2020, at a CAGR of 2.9%. Factors such as Inclination of consumers towards more comfort and luxury features would drive the automotive seat market

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October 16, 2020

Fraud Detection and Prevention Market worth $38.2 billion by 2025

The report "Fraud Detection and Prevention Market by Solution (Fraud Analytics, Authentication, and GRC), Service (Managed and Professional), Vertical (BFSI, Retail and eCommerce, and Travel and Transportation), Deployment Mode, and Region - Global Forecast to 2025", size is expected to grow from USD 20.9 billion in 2020 to USD 38.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period. Technological advancements, penetration of digital technologies, and Bring Your Own Device (BYOD) trend in organizations have greatly influenced work practices and led to an unprecedented rise in data volumes. These factors have led to the adoption of automatic software-based applications for analyzing data in real time, which have replaced the traditional data mining applications and tools. This, in turn, increases the need to update legacy manual fraud detection methods. Hence, FDP vendors are coming up with new varieties of FDP solutions to detect and prevent all types of frauds committed by fraudsters.

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October 15, 2020

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