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CORONA Impact on Adhesives & Sealants Market worth $66.8 billion by 2021
The report "COVID-19 Impact on Adhesives & Sealants Market by Resin Type (Emulsion, Polyurethane, Epoxy, EVA, Silicone), Application (Paper & Packaging, Building & Construction, Woodworking, Medical & Hygiene, Automotive & Transportation) - Global Forecast to 2021", The global adhesives & sealants market size is estimated to grow from USD 63.5 billion in 2019 and projected to reach USD 66.8 billion by 2021, at a CAGR of 2.6%. Factors that drive the growth of the adhesives & sealants industry include the increasing demand for medical infrastructures & hygiene products propelled by COVID-19.
- Published: April 2020
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CORONA Impact on Automotive In-Cabin Air Quality Improvement Solutions Market worth $1,218 million by 2021
The report "COVID-19 Impact on Automotive In-Cabin Air Quality Improvement Solutions Market by Product Type (integrated HVAC system, air purifier/ionizer, ozone generators, Cloud based Air Quality Monitoring System), Vehicle and Countries - Global Forecast to 2021" Post COVID-19, the automotive in-cabin air quality improvement solutions market size is projected to reach USD 1,218 million by 2021, from USD 1,083 million in 2020, at a CAGR of 12.5%.
- Published: April 2020
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CORONA Impact on Lubricants Market worth $165.5 billion in 2021
The report "COVID-19 Impact on Lubricants Market by Product Type (Engine Oil, Hydraulic Oil, Compressor Oil, Metalworking Fluid, Gear Oil, Turbine Oil, and Grease), End-use Industry, and Region - Global Forecast to 2021" The global lubricants market size is estimated to reach USD 165.5 billion by 2021, from USD 164.3 billion in 2019.
- Published: April 2020
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Low-Code Development Platform Market worth $45.5 billion by 2025
The report "Low-Code Development Platform Market by Component (Platform and Services), Application Type, Deployment Type (Cloud and On-Premises), Organization Size (SMEs and Large Enterprises), Industry, and Region - Global Forecast to 2025" The low-code development platform market is projected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period. The increasing need of digitalization and maturity of agile DevOps practices are expected to enhance the use of market across the globe.
- Published: April 2020
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Sugar Decorations & inclusions Market worth $2.1 billion by 2025
The report "Sugar Decorations & Inclusions Market by Type (Jimmies, Quins, Dragees, Nonpareils, Single Pieces, Caramel Inclusions, and Sanding & Coarse Sugar), Colorant (Natural and Artificial), Application, End User, and Region - Global Forecast to 2025" The sugar decorations & inclusions market is projected to grow from USD 1.5 billion in 2020 to USD 2.1 billion by 2025, recording a compound annual growth rate (CAGR) of 6.3% during the forecast period. The major factors driving the growth of the sugar decorations & inclusions market include the rise in the consumption of bakery products, such as cakes & pastries, the increasing demand for value-added and textured products among consumers, and the growth of economies that enable high acceptance of these products
- Published: April 2020
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COVID-19 Impact on Composites Market worth $82.9 billion by 2021
The report "COVID-19 Impact on Composites Market by Fiber Type (Glass Fiber, Carbon Fiber and Natural Fiber), Resin (Thermoset Resin and Thermoplastic Resin), End-use Industry and Region - Global Forecast to 2021" The global composites market size is expected to decline from 90.6 billion in 2019 to USD 82.9 billion by 2021, at a negative growth rate of 4.4% over 2019. The composites industry is expected to decline in 2019 due to supply chain disruption caused by the COVID-19 pandemic.
- Published: April 2020
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COVID-19 Impact On Medical Plastics Market worth $29.4 billion by 2021
The report "COVID-19 Impact On Medical Plastics Market by Type (Engineering Plastics and Standard Plastics), Application (Medical Disposables, Prosthetics, Medical Instruments & Tools and Drug Delivery) and Region - Global Forecast to 2021" The global medical plastics market size is projected to grow from USD 25.1 billion in 2020 to USD 29.4 billion by 2021, at a CAGR of 17.2% during the forecast period.
- Published: April 2020
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Smart Retail Market worth $62.5 billion by 2025
According to the research report, the "Smart Retail Market by System (Smart Payment Systems, Intelligent Vending Machines), Application (Foot-traffic Monitoring, Inventory Management), Retail Offering (Fast-moving Consumer Goods, Hardlines & Leisure Goods), & Geography - Global Forecast to 2025", is estimated to grow from USD 21.6 billion in 2020 to USD 62.5 billion by 2025; growing at a CAGR of 23.6%. The increasing use of robots and automation to offer shopping convenience to customers and the rising adoption of big data analytics are the key factors fueling the growth of this market.
- Published: April 2020
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VRF System Market worth $31.9 billion by 2025
The report "VRF System Market by Component (Outdoor Units, Indoor Units, and Control Systems and Accessories), System Type (Heat Pump, Heat Recovery), Capacity, Application (Commercial, Residential, and Others), and Geography - Global Forecast to 2025" The VRF System market was valued at USD 17.6 billion in 2020 and is expected to reach USD 31.9 billion by 2025, growing at a CAGR of 12.7%.The major factors driving the growth of VRF system market are the growing construction industry and easing of norms of FDI for construction and real estate sectors and high energy-saving potential as well as easy and minimum maintenance requirements of VRF systems is the driver of this market. Likewise, increasing penetration of VRF systems in residential and commercial are expected to create lucrative opportunities for the players in the VRF system market. However, high installation cost are expected to restraint market growth
- Published: April 2020
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Mushroom Cultivation Market worth $20.4 billion by 2025
The report "Mushroom Cultivation Market by Type (Button mushroom, Oyster mushroom, Shiitake mushroom, Other types), By Phase, By Region (North America, Europe, Asia Pacific, South America, Rest of the World) - Global Forecast to 2025" The mushroom cultivation market is estimated at USD 16.7 billion in 2020 and is projected to reach USD 20.4 billion by 2025, at a CAGR of 4.0% during the forecast period. The market is driven by the rise in the number of consumers switching towards flexitarian and vegetarian diets, especially in developed countries. Mushrooms are a rich source of vitamins and serve as a meat alternative. Apart from this, in developing countries, cost-effectiveness associated with mushroom cultivation has gained the interest of growers. The availability of abundant agriculture wastes that act as a substrate for mushroom cultivation is further expected to boost mushroom production in these countries.
- Published: April 2020
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Phenolic Panel Market worth $2.4 billion by 2025
The report "Phenolic Panel Market by Type (Sandwich, Plain), Class, End-Use Industry (Construction, Marine, Transportation, Aerospace & Defense), Application (Interior, Exterior, Furniture, Air Conditioning Duct Panel), Class, and Region - Global Forecast to 2025" The global phenolic panel market size is expected to grow from USD 1.7 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 6.5% during the forecast period. The market is growing due to the increase in the demand for phenolic panels in the construction, transportation, and aerospace & defense industries.
- Published: April 2020
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Lycopene Market worth $161 million by 2025
The report "Lycopene Market by Source (Synthetic and Natural), Application (Dietary Supplements, Food, Pharmaceuticals, and Personal Care Products), Form (Beadlets, Oil Suspension, Emulsifiers, and Powder), Property, and Region - Global Forecast to 2025" The global lycopene market size is projected to reach USD 161 million by 2025, from USD 126 million in 2020, recording a CAGR of 5.0% during the forecast period. Lycopene’s distinct health benefits aiding in the prevention of several human health diseases has resulted in high demand from the dietary supplement industry, as a health ingredient, thereby driving the lycopene market’s growth potential during the forecast period.
- Published: April 2020
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Depth Filtration Market worth $2.9 billion by 2025
The report "Depth Filtration Market by Media Type (Cellulose, Activated Carbon), Product (Capsule, Sheet, Module), Application(Final Product Processing (Biologics), cell Clarification, Viral Clearance, Operation Scale (Manufacturing, Lab) - Global Forecast to 2025" The global depth filtration market is estimated to grow from USD 1.7 billion in 2019 to USD 2.9 billion by 2025, at a CAGR of 9.0% during the forecast period. Factors such as increasing the adoption of single-use technologies and focus on developing large-molecule biopharmaceuticals are likely to drive the depth filtration market.
- Published: April 2020
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Smart Greenhouse Market worth $2.1 billion by 2025
The report "Smart Greenhouse Market by Type (Hydroponics and Non-Hydroponics), Covering Material Type (Polyethylene, Polycarbonate, and Others), Offering (Hardware and Software & Services), Component, Cultivation, End User, Region - Global Forecast to 2025", is projected to reach USD 2.1 billion by 2025 from USD 1.4 billion in 2020; it is expected to grow at a CAGR of 9.2% during the forecast period. Major drivers for the growth of the market are increasing adoption of Internet of Things (IoT) and artificial intelligence (AI) by farmers and agriculturists; growing demand for food owing to continuously increasing global population; surging adoption of indoor farming in urban areas; and rising number of government initiatives to promote the adoption of smart agricultural practices. Moreover, rising global adoption of vertical farming technology and emerging trend of rooftop farming in urban areas act as growth opportunities for developers of smart greenhouses.
- Published: April 2020
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COVID 19 - The World will Fight both pandemics - Healthcare and Economic Pandemic
A MarketsandMarkets™ perspective on overpowering the COVID 19 pandemic’s impact on revenues
- Published: April 2020
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Refrigeration Insulation Materials Market worth $4.8 billion by 2025
The Report "Refrigeration Insulation Materials Market by Material Type (Elastomeric Foam, PU & PIR), Application (Commercial, Industrial), End-Use Industry (Food & Beverage, Chemicals & Pharmaceuticals, Oil & Gas and Petrochemicals) Region - Global Forecast to 2025" The refrigeration insulation materials market is projected to reach USD 4.8 billion by 2025, at a CAGR of 6.0%.
- Published: April 2020
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Cloud Applications Market worth $356 billion by 2025
The report "Cloud Applications Market by Application (ERP, CRM, HCM, SCM, Content Management, BI and Analytics), Organization Size, Vertical (BFSI, Manufacturing, Government & Public Sector, and Telecommunications), and Region Global Forecast to 2025", is expected to grow from USD 171 billion in 2020 to USD 356 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period. The growing demand for cloud-based services and advanced technologies, increasing need to engage with customers, flexibility to work from anywhere, and deliver an enriched experience continuously are some of the major factors driving the growth of the cloud applications market.
- Published: April 2020
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Eco-friendly Food Packaging Market worth $249.5 billion by 2025
The report "Eco-friendly Food Packaging Market by Material (Paper & Paperboard, Plastic, Metal, Glass), Application (Food, Beverages), Type (Recycled Content Packaging, Degradable Packaging, Reusable Packaging), Technique, and Region - Global Forecast to 2025" size is estimated to be valued at USD 174.7 billion in 2020. It is projected to reach USD 249.5 billion by 2025, recording a CAGR of 7.4%, in terms of value. The development of material science and packaging engineering across all regions is expected to drive the growth of eco-friendly food packaging market.
- Published: April 2020
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Revenue Assurance Market worth $782 million by 2025
According to a research report "Revenue Assurance Market by Component (Software and Services), End-User (TSPs, and Enterprises), Deployment Mode (Cloud and On-premises), Vertical (Telecom, Utilities, BFSI, Hospitality, and Others), and Region - Global Forecast to 2025", published by MarketsandMarkets, The revenue assurance market size is projected to grow from USD 512 million in 2020 to USD 782 million by 2025, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. The major factors driving the growth of the revenue assurance market include the rise of the subscription economy, rising number of mobile and internet users, adoption of advanced technologies such as RPA, Big Data, AI, and IoT.
- Published: April 2020
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Customer Analytics Market worth $24.2 billion by 2025
The report "Customer Analytics Market by Component, Deployment Mode, Organization Size, Application (Campaign Management, Customer Behavioral Analysis, and Churn Management), Data Source, Industry Vertical, and Region - Global Forecast to 2025" is projected to grow from USD 10.5 billion in 2020 to USD 24.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18.2% during the forecast period. The major factors driving the growth of customer analytics market include the need to understand customer buying behavior for a more personalized customer experience and advent of technologies, such as Artificial Intelligence (AI), Machine Learning (ML), and business process automation to streamline marketing operations.
- Published: April 2020
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Abrasives Market worth $58.0 billion by 2025
The report "Abrasives Market by Raw material (Natural & Synthetic), Product type (Coated, Bonded, and Super), End-use Industry (Automotive, Machinery, Aerospace, Metal fabrication, Electrical & electronics equipment, Others), and Region - Global Forecast to 2025" The global abrasives market size is projected to grow from USD 46.4 billion in 2020 to USD 58.0 billion by 2025, at a CAGR of 4.5% from 2020 to 2025. The market is projected to witness significant growth in the next few years with the growing automotive, metal fabrication, electronics, electrical, medical, and construction industries. Abrasive is a material or substance such as pumice, sandpaper, or emery, which is used for grinding, cleaning, polishing, and smoothing. Abrasives are used in a wide range of domestic, industrial, and technological applications.
- Published: April 2020
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Thermal Printing Market worth $53.5 billion by 2025
According to the new research report "Thermal Printing Market by Offering (Printer, Supplies), Printer Type (Barcode, POS, Kiosk & Ticket, RFID, and Card), Format Type (Industrial, Desktop, Mobile), Printing Technology (DT, TT, D2T2), Application and Geography - Global Forecast to 2025", The thermal printing market is expected to grow from USD 43.2 billion in 2020 to USD 53.5 billion by 2025; it is expected to grow at a CAGR of 4.4% from 2020 to 2025. The growth of the thermal printing market is driven by factors such as rising utilization of automatic identification and data capture technologies for improving productivity, growing concerns regarding product safety and anti-counterfeiting, increasing use of thermal printing technology in latest on-demand printing applications, rising penetration of wireless technologies in mobile printers, and growing use of RFID and barcode thermal printers in the fast-growing e-commerce industry.
- Published: April 2020
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Drug Discovery Informatics Market worth $3.5 billion in 2025
The report "Drug Discovery Informatics Market by Function (Target Data, Sequencing Data Analysis, Docking) Solution (Software, Services), Application (Drug Development), End User (Pharmaceutical, Biotechnology, Contract Research Organizations)-Global Forecast to 2025" The global drug discovery informatics market is projected to reach USD 3.5 billion in 2025 from USD 2.2 billion in 2020, at a CAGR of 9.3% during the forecast period. Market growth is largely driven by factors such as the rising R&D expenditure, growing support for research, especially in the area of rare diseases, and the increasing use of informatics in drug discovery.
- Published: April 2020
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Battlefield Management Systems Industry worth $11.8 billion by 2025
The report "Battlefield Management Systems Market by Solution (Hardware, Software) Platform (Armored Vehicles, Headquarter, and Command Centers, Soldier Systems), System, Component, Installation Type, End-User, Region - Global Forecast to 2025", is projected to grow from USD 9.5 billion in 2020 to USD 11.8 billion by 2025, at a CAGR of 4.3% from 2020 to 2025. Some of the factors that are expected to fuel the growth of the battlefield management systems market include the increasing demand for enhanced situational awareness and rising budget allocations for military modernization programs.
- Published: April 2020
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Cellular Glass Market worth $618 million by 2025
The report "Cellular Glass Market by Product Type (Blocks And Shells, And Foam Glass Gravels), Application (Construction, Industrial, and Consumer Abrasive), and Region (North America, Europe, Asia-Pacific, Rest of World) - Global Forecast to 2025" The global cellular glass market size is projected to reach USD 618 million by 2025 from the estimated USD 520 million in 2020 at a CAGR of 3.5% between 2020 and 2025.
- Published: April 2020
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Farm Equipment Rental Market worth $66.4 billion by 2025
The report "Farm Equipment Rental Market by Equipment Type (Tractors, Harvesters, Sprayers, Balers & Other Equipment Types), Power Output (<30HP, 31-70HP, 71-130HP, 131-250HP, >250HP), Drive (Two-wheel Drive and Four-wheel Drive), Region – Global Forecast to 2025" The global farm equipment rental market is estimated to be valued at USD 46.8 billion in 2020 and is projected to reach a value of USD 66.4 billion by 2025, growing at a CAGR of 7.3% during the forecast period. Factors such as the increase in demand for food security by the growing population, shortage of skilled labor, and increase in mechanization in developing countries are projected to drive the growth of the farm equipment rental market.
- Published: April 2020
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Rubber Repair Adhesives Market worth $354 million by 2025
The report "Rubber Repair Adhesives Market by Process (Hot Bond, Cold Bond), Application (Conveyor Belts, Tanks & Vessels, Pipes & Fittings, and Others), End-use Industry (Mining & Quarrying, Cement & Aggregate, Steel and Others), Region - Global Forecast to 2025", is expected to grow from USD 291 million in 2020 to USD 354 million by 2025, at a CAGR of 4.0% during the forecast period. The market is growing due to the increase in the demand for high performing rubber repair adhesives in the mining & quarrying, cement & aggregate and steel industries. Strict environmental regulations in Europe and North America are encouraging the development of novel rubber repair adhesives used in the cold bond process
- Published: April 2020
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Security Information and Event Management Market worth $5.5 billion by 2025
According to a research report "Security Information and Event Management Market by Component, Application, Deployment Mode, Organization Size, Vertical (Information, Finance and Insurance, Healthcare and Social Assistance, Utilities), and Region - Global Forecast to 2025", published by MarketsandMarkets, the global Security Information and Event Management (SIEM) market size is expected to grow from USD 4.2 billion in 2020 to USD 5.5 billion by 2025, at a CAGR of 5.5% during the forecast period. The need for continuous monitoring and incident response, adhering to compliance requirements, gaining and maintaining certifications, and managing and retaining logs are the primary factors to drive the demand for the SIEM market during the forecast period.
- Published: April 2020
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Hi-Fi System Market worth $17.5 billion by 2025
According to a recently published research report "Hi-Fi System Market by System (Product, Device), Connectivity Technology (Wired, Wireless (Bluetooth, Wi-Fi, Airplay, Others)), Application (Residential, Automotive, Commercial, Others), and Geography - Global Forecast to 2025", The Hi-Fi system market is expected to grow from USD 13.6 billion in 2020 to USD 17.5 billion by 2025, at a CAGR of 5.2%. The growth is driven by factors such as the rise in demand for infotainment services, high spending on R&D by OEMs, innovations in wireless audio technology, and increasing adoption of portable devices.
- Published: April 2020
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Persulfates Market worth $861 million by 2025
The report "Persulfates Market by Type (Ammonium, Sodium, & Potassium),End-Use Industry (Polymer, Electronics and Cosmetic & Personal Care), Application (Polymer Initiator, Oxidation, bleaching and Sizing Agent) and Region - Global Forecast to 2025" The global persulfates market size is estimated to grow from USD 730 million in 2020 to USD 861 million by 2025, at a CAGR of 3.4% from 2020 to 2025. The growth can be attributed to the increasing demand for persulfates from various end-use industries, such as polymers, electronics, cosmetics & personal care, and pulp, paper & textiles.
- Published: April 2020
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Middle East and Africa (MEA) Wi-Fi as a Service (WaaS) Market worth $1,094 million by 2025
According to a research report "Middle East and Africa (MEA) Wi-Fi as a Service (WaaS) Market by Solution (Access Points and WLAN Controllers), Service (Professional and Managed Services), Location Type (Indoor and Outdoor), Organization Size, End User, and Country - Forecast to 2025", The MEA WaaS market size is projected to grow from USD 336 million in 2020 to USD 1,094 million by 2025, at a Compound Annual Growth Rate (CAGR) of 26.6% during the forecast period. The major factors driving the growth of the MEA WaaS market include increasing trend of Bring Your Own Device (BYOD) and Internet of Things (IoT) and digital transformation strategies adopted by enterprises.
- Published: April 2020
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Commercial Vehicle & Off-Highway Radar Market worth $831 million by 2027
The report "Commercial Vehicle & Off-Highway Radar Market by frequency (24-GHz & 77-81 GHz), component (LRR, S&MRR, Mono Camera, and Stereo Camera), vehicle (CV & Off-highway), Application (ACC, AEB,BSD, FCW & IPA) and Region - Global Forecast to 2027" The commercial vehicle & off-highway radar market is projected to grow at a CAGR of 27.4% during the forecast period, to reach USD 831 million by 2027 from an estimated USD 153 million in 2020.
- Published: April 2020
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Retort Packaging Market worth $4.5 billion by 2025
The report "Retort Packaging Market by Type (Pouches, Trays, and Cartons), Material (PET, Polypropylene, Aluminum foil, PA, PE, and Paperboard), End-use (Food and Beverages), and Region - Global Forecast to 2025", is projected to grow from USD 3.5 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 5.1% from 2020 to 2025. The market is projected to grow following the surge in demand for more convenient food packaging from consumers which aligns with their day to day life.
- Published: April 2020
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High-performance Liquid Chromatography (HPLC) Market worth $5.7billion by 2025
The report "High-performance Liquid Chromatography (HPLC) Market by Product (Instruments (Systems, Detectors), Consumables (Columns, Filters), and Accessories), Application [Clinical Research, Diagnostics, Forensics), Region - Global Forecast to 2025", is projected to reach USD 5.7billion by 2025 from USD 4.5billion in 2020, at a CAGR of 4.6% during the forecast period. The growth in this market is driven byhigh sensitivity &accuracy of the HPLC technique, the growing importance of HPLC tests in drug approvals,the rising popularity of hyphenated techniques, and increasing pharmaceutical R&D spending. However, the high cost of HPLC systems is expected to restrict market growth to a certain extent.
- Published: April 2020
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Smart Badge Market worth $33.8 billion by 2025
The report "Smart Badge Market by Communication (Contact and ContactLess), Type (With Displays and Without Displays), Application (Government & Healthcare, Corporate, and Retail & Hospitality) and Region (NA, EU, APAC, ROW) - Global Forecast to 2025", is estimated to grow from USD 21.1 billion in 2020 to USD 33.8 billion by 2025, at a CAGR of 9.9% between 2020 and 2025. Increasing demand for wearable access control devices for security management is the major factor driving the growth of the market.
- Published: March 2020
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Impregnating Resins Market worth $1.9 billion by 2025
The report "Impregnating Resins Market by Type (Solventless, Solvent Based), Application (Motors & Generators, Home Appliances, Transformers, Automotive Components), Region (North America, APAC, Europe, MEA, South America) - Global Forecast to 2025", The impregnating resins market size is projected to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 6.5%.
- Published: March 2020
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Automotive Shielding Market worth $24.7 billion by 2025
The report "Automotive Shielding Market by Shielding (Heat, EMI), Heat Application (Engine, Turbocharger, Battery Management, Fuel Tank), EMI Application (ACC, ECU, LDW, BSD, AEB, FCW, DMS), Material Type, Vehicle (PC, LCV, HCV), and Region - Global Forecast to 2025", is projected to grow from USD 20.2 billion in 2020 to USD 24.7 billion by 2025, at a CAGR of 4.1%. The market is driven by factors such as the rising demand for fuel-efficient vehicles, growing safety concerns, and the high adoption rate of advanced electrical and electronic components in vehicles. In addition, increasing focus on driving comfort and in-cabin experience would fuel the demand for heat and EMI shielding during the forecast period.
- Published: March 2020
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MRO Software Market worth $8.0 billion by 2025
The report "MRO Software Market in Aviation by End User (Operators, OEMs, MROs, Lessors), Solution (Software, Services), Deployment Type (On-premises, Cloud), Function (Maintenance, Operations, Business Management), Pricing Model, and Region - Global Forecast to 2025" The MRO software market in aviation is estimated to be USD 6.9 billion in 2020 and is projected to reach USD 8.0 billion by 2025, at a CAGR of 2.9% from 2020 to 2025. Growing demand for predictive, prescriptive, and condition-based maintenance through data shared by connected aircraft, and increasing adoption of software-as-a-service are the major factors anticipated to boost the demand for MRO software in aviation during the forecast period. Furthermore, the demand for the upgrade of legacy management information system (MIS) to digital MRO software in aviation and the need to reduce turnaround time (TAT) of maintenance operations are also expected to lead to a rise in demand for aviation MRO software during the forecast period.
- Published: March 2020
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Gamification Market worth $ 30.7 billion by 2025
According to a research report "Gamification Market by Component (Solution and Services), Deployment (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Application, End-User (Enterprise-Driven and Consumer-Driven), Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets, the gamification market size is projected to grow from USD 9.1 billion in 2020 to USD 30.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 27.4% during the forecast period. The major factors driving the growth of the gamification market include rewards and recognition to employees over performance to boost employee engagement, provision of lucrative offers to the customers and consumers, and gamification yielding higher Return on Investment (RoI).
- Published: March 2020
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Contactless Payment Market worth $18.0 billion by 2025
According to a research report "Contactless Payment Market by Component (Hardware (PoS and Cards), Solutions, and Services (Consulting, Integration and Deployment, and Support and Maintenance)), Vertical (Retail and hospitality), and Region - Global Forecast to 2025", published by MarketsandMarkets, The global contactless payment market size is expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card. This increases the speed of transactions, making contactless payments even more efficient. With the increasing integration of contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown tremendously across all the countries.
- Published: March 2020
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Industrial Radiography Market worth $784 million by 2025
The report "Industrial Radiography Market by Imaging Technique (Film-based Radiography, Digital Radiography), End User (Petrochemicals & Gas, Power Generation, Manufacturing, Aerospace, and Automotive & Transportation), and Geography - Global Forecast to 2025", is estimated to grow from USD 532 million in 2020 to USD 784 million by 2025; growing at a CAGR of 8.1% during the forecast period. Major factors fueling the market growth are advancements in software that are integrated into radiography systems, stringent regulations by various governments regarding industrial safety and product quality, increasing demand for NDT services in automotive and aerospace industries, and the preventive maintenance of industrial equipment.
- Published: March 2020
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Infusion Pump Software Market worth $1,044 million by 2024
The report "Infusion Pump Software Market by Type (DERS, Interoperability, Clinical Workflow), Indication (General Infusion, Pain & Anesthesia Management, Insulin Infusion), End User (Hospitals, Ambulatory Care Settings) - Global Forecasts to 2024" The global infusion pump software market is expected 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 market is mainly driven by factors such as the increasing incidence of chronic diseases, along with rapid growth in the geriatric population, growing number of surgical procedures performed, rising demand for ambulatory and home care infusion pumps, and technological developments.
- Published: March 2020
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Biological Wastewater Treatment Market worth $11.1 billion by 2025
The report "Biological Wastewater Treatment Market by Process (Aerobic, Anaerobic), End-Use Industry (Municipal, Industrial (Pulp & Paper, Meat & Poultry, Chemicals, Pharmaceuticals, Others)), and Region (NA, Europe, APAC, MEA, and SA) - Global Forecast to 2025" The biological wastewater treatment market size is estimated to be USD 8.7 billion in 2020 and projected to reach USD 11.1 billion by 2025, at a CAGR of 5.1% from 2020 to 2025. Rapidly growing population and industrialization, aging infrastructure, water scarcity, and stringent regulations regarding the disposal of wastewater into the environment or for reuse are factors expected to drive the growth of the market during the forecast period.
- Published: March 2020
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Embedded System Market worth $116.2 billion by 2025
According to the research report, the "Embedded System Market by Hardware (MPU, MCU, Application-specific Integrated Circuits, DSP, FPGA, and Memories), Software (Middleware, Operating Systems), System Size, Functionality, Application, Region - Global Forecast to 2025" is projected to grow from USD 86.5 billion in 2020 to USD 116.2 billion by 2025; it is expected to grow at a CAGR of 6.1% from 2020 to 2025. Key factors fueling the growth of this market include an increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric vehicles and hybrid vehicles, increase in demand for portable devices such as wearables, and rise in the use of multicore processors in military applications.
- Published: March 2020
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Enterprise Data Management Market worth $122.9 billion by 2025
According to a research report "Enterprise Data Management Market by Component (Software (Data Security, Data Integration, Data Migration, and Data Quality) and Services) Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets, the global enterprise data management market size is expected to grow from USD 77.9 billion in 2020 to USD 122.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period. The key factors driving the enterprise data management market include enterprises focusing on improving their customer experiences, accelerating their analytical and transactional operations, and making faster business decisions using the insights derived from the data. The different components of data management market include data security, master data management, data integration, data migration, data warehousing, data governance, and data quality.
- Published: March 2020
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Cognitive Computing Market worth $77.5 billion by 2025
The report "Cognitive Computing Market by Component, Deployment Mode, Business Function, Application (IVA and Chatbot and Behavioral Analysis), Technology (Human Computer Interface and Deep Learning), Industry Vertical, and Region - Global Forecast to 2025", is expected to grow from USD 20.5 billion in 2020 to USD 77.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 30.5% during the forecast period. The major growth factors of the cognitive computing market include the increasing adoption of digitization and automation across various industry verticals. The increasing demand for intelligent business processes to enhance decision-making, the benefit of cost-effectiveness offered by cognitive solutions, and fulfilling the enterprise need to adopt advanced cognitive abilities to reduce operational costs.
- Published: March 2020
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Composite Film Market worth $328 million by 2025
The report "Composite Film Market by Resin Type (Epoxy), Curing Type (Autoclave, Out-of-autoclave), Function (Lightning Strike Protection, Surface Protection), End-use Industry (Aerospace & Defense, Automotive), and Region - Global Forecast to 2025" The global composite film market size is expected to grow from USD 245 million in 2020 to USD 328 million by 2025, at a CAGR of 6.0% during the forecast period. Due to the increase in the demand for high-performance materials with properties such as high strength to weight ratio, good tensile strength, electrical conductivity among others, the global composite film market is expected to witness significant growth during the forecast period.
- Published: March 2020
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Electric Vehicle Insulation Market worth $4.2 billion by 2024
The report "Electric Vehicle Insulation Market by Product Type (TIM, Foamed Plastic, Ceramic), Application (Under the Bonnet & Battery Pack, Interior), Propulsion Type (BEV, PHEV), Insulation Type (Thermal, Electrical, Acoustic) and Region - Global Forecast to 2024" The electric vehicle insulation market is estimated to be USD 1.3 billion and is projected to reach USD 4.2 billion by 2024, at a CAGR of 26.7% during the forecast period.
- Published: March 2020
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Malt Extracts and Ingredients Market worth $20.4 billion by 2025
The report "Malt Extracts and Ingredients Market by Product (Extracts and Ingredients), Source (Soy, Wheat, and Rye), Grade (Standard malt and Specialty malt), Application (Beverages, Food, and Pharmaceuticals), Form (Dry and Liquid), Region - Global Forecast to 2025" The global malt extracts and ingredients market size is projected to reach USD 20.4 billion by 2025, from USD 17.6 billion in 2020, recording a CAGR of 3.0% during the forecast period. The increasing production of craft beer, along with the adoption of malt-based food, is projected to drive industry growth during the forecast period.
- Published: March 2020
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Physical Identity and Access Management Market worth $1,535 million by 2025
According to a research report "Physical Identity and Access Management Market by Component, Service, Organization Size, Vertical (BFSI, IT and ITeS, Telecom, Energy and Utilities, Transportation, Healthcare, Government and Defense, and Education), and Region - Global Forecast to 2025" published by MarketsandMarkets, the physical identity and access management market size is projected to grow from USD 789 million in 2020 to USD 1,535 million by 2025, at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. The major growth drivers for the market include the rising need for future-proofing security operations, increasing instances of insider threats, and stringent security compliances and government regulations.
- Published: March 2020
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