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Showing posts from September, 2022

Smart Card Market Share, Size, Analysis & Forecast (2022-27)

  Market Overview: Over the forecast period, the smart card market is expected to expand at a CAGR of 5.4%. The main drivers of the smart card market’s expansion are rising digitalization, rising online shopping demand, demand for healthcare, and access control applications. Smart cards offer ways to authenticate and securely identify the cardholder and other parties who need access to the card. For instance, a cardholder can authenticate using biometric information or a PIN code. Smart cards also give users a way to encrypt communications and store data securely on the card. Scope of the Report: The study takes into account both contact-based (products that can be activated or authenticated when the smart card is within range of authenticating hardware) and contactless (products that can be activated or authenticated when the smart card is in contact with secure element readers or relevant hardware) smart card products. The contact-based and contact-less types, end-user verticals ...

Lithium-Ion Battery Market Share, Size, Analysis (2022-27) | Report

  Market Overview: Lithium-ion battery sales are anticipated to grow at a CAGR of about 20% from 2022 to 2027, from a market size of USD 57 billion in 2020 to USD 200 billion in 2027. Companies like BYD and CATL reduced their manufacturing capacities in 2020 as a result of the COVID-19 outbreak. Furthermore, the pandemic’s impact on electric vehicle sales as well as the slow growth of lithium-ion batteries both contributed to this development. The development of new markets for energy storage systems (ESS) for both commercial and residential applications, the price decline of lithium-ion batteries, and the rising popularity of consumer electronics are the main drivers of the market under study. But the growing gap between raw material supply and demand is likely to restrain the market’s expansion. Scope of the Report The lithium-ion battery market report includes: Read Full Report

Spices And Seasoning Market Share, Size & Forecast (2022-27)

  Market Overview: The market for seasonings and spices is expected to expand at a CAGR of 4.96% over the course of the forecast period (2022–2027). With the arrival of COVID-19, the market for spices and seasonings has seen a sharp increase, and some specific spices intended to boost immunity, like turmeric, ginger, and garlic, have received overwhelmingly positive feedback from consumers all over the world. Initially, supply chain risk persisted in developed economies that are heavily dependent on imports from developing nations; however, as one of the most sought-after destinations for herbs, spices, and seasonings, as well as products having a recognisable value and local demand, the market entry is currently less affected by the same. Scope of the Report: The salt and salt substitutes, herbs, and spices product categories make up the segmentation of the global seasoning and spice market. Thyme, basil, oregano, parsley, and other herbs are included in the herb segment. The pepp...

Artificial Intelligence (AI) in Retail Market Size & Share| 2022-27

  Market Overview: During the forecast period, it is anticipated that the global artificial intelligence in retail market will experience a 35% CAGR (2021–2026). Consumers are now considering online platforms as their primary shopping channel, which has increased the significance of online shopping channels. This has provided businesses that sell consumer goods and retailers with excellent opportunities to adopt sustainability initiatives that work with their online presence. In order to benefit from this evolving trend, retailers are utilising the e-commerce platform and online marketplaces. By reducing the time between insights and action, artificial intelligence is enabling quicker business decisions in marketing, e-commerce, product management, and other business areas. Retail sales in the United States are anticipated to reach USD 5.99 trillion in 2023, according to the US Department of Commerce. Scope of the Report: By extending the types of data that can be analysed and elev...

Unmanned Aerial Vehicles (UAV) Market Share, Growth (2022-27)

  Market Overview: During the forecast period, the market for unmanned aerial vehicles is anticipated to grow at a rate of over 7%. (2022–2027). The COVID-19 outbreak had a moderate effect on the UAV market. Defense budget spending on deep tech product research, development, and acquisition has been constrained by countries’ budget shifts toward constructing medical infrastructure. The civil and commercial division’s segments, however, might experience steady growth. To meet commercial demand, nations all over the world are looking into using unmanned aerial vehicles (UAV) to deliver vaccines. The drone delivery programme for the COVID-19 vaccine was introduced in the US in August 2021. The programme is run by health systems based in North Carolina and is managed by UPS. Similar to this, the Indian Union Minister announced the incorporation of a drone delivery system for the distribution of COVID-19 vaccines, medications, and blood samples. During the forecast period, such initiati...

Mobile Payment Market Size & Share ( 2022-27) | Industry Analysis

  Market Overview: Over the forecast period, the market for mobile payments is anticipated to grow at a CAGR of 29.5%. (2022–2027). Globally, businesses and services are quickly implementing mobile payment systems like PayPal, Samsung Pay, Apple Pay, AliPay, and WeChat Pay for accepting and transferring payments. This trend is anticipated to persist over the forecast period due to rising internet usage and the rapid expansion of online retailing. Cash is increasingly being used for small-ticket payments, but for the majority of large-ticket payments, consumers are choosing either card payments, net banking, or mobile payments. A survey by payment processor TSYS of 1,222 consumers found that 54% of respondents preferred using debit cards for payment, 26% preferred using credit cards, and 14% preferred using cash. Accepting mobile payments is now becoming more and more popular, even for modest purchases. Scope of the Report: By providing an alternative payment method using a portable...

Dental Equipment Market Share, Growth, Trends (2022-27) | Report

  Market Overview: With a forecasted CAGR of 5.1% from 2022 to 2027, the Dental Equipment Market is projected to generate revenues of USD 11,480.52 million from an estimated market value of USD 8,001.9 million in 2021. The demand for dental equipment has been hampered by the current COVID-19 situation, which has reduced the number of visits to hospitals and clinics for dental care. Due to low patient volumes and postponed elective procedures, Dentsply Sirona reported that its net sales for the first quarter of 2020 fell by 7.6%, or 4.3% in organic terms. This downward trend in revenue and net sales was seen in a number of other market companies. The American Dental Association (ADA) recommended in March 2020 that dental offices delay elective dental procedures until April 6, 2020 and only offer emergency dental care in order to prevent patients from overtaxing hospital emergency rooms. Due to the increase in COVID-19 cases, the ADA updated this recommendation on April 1, 2020, advi...

Internet Of Things (IoT) Platform Market Share, Growth & Analysis (2022-27)

  Market Overview: Over the forecast period, the market for Internet of Things (IoT) platforms is anticipated to grow at a CAGR of 15.2%. Development boards created specifically for IoT applications make up IoT platforms. These platforms are crucial in assisting various IoT device designers connect their projects to the internet. Connectivity to a variety of IoT-compatible hardware devices, including laptops, smartphones, wearable fitness equipment, industrial control systems, automotive telematics units, etc., is provided by an IoT platform. IoT platforms, also known as application enablement platforms (AEPs), are a type of middleware that sits between IoT devices, gateways, and the applications they enable developers to create. A processing unit, a memory unit, and a connectivity module are among the fundamental parts of a typical IoT platform. They make it simple to integrate currently available commercial sensors and actuators. Scope of the Report: IoT platforms are the key com...

Construction Industry in UK Size, Share, Growth & Trends | 2022-27

  Market Overview: During the forecast period, the construction market in the United Kingdom is anticipated to expand at a CAGR of roughly 4%. In 2018, the UK economy received 117 billion GBP, or 6% of the total, from the construction industry. The economy produced slightly less in 2018 than it did in 2017, the first decline since 2013. In Q2 2019, 2.4 million jobs, or 6.6% of all jobs, were found in the construction industry in the UK. Although roughly the same percentage of jobs have been in construction over the course of this time, there are more construction jobs now than there have been since 2007. Due to its unusually high self-employment rate — 36% in Q2 2019 — in comparison to the overall economy’s average of 13%, the construction industry stands out. In 2017, the construction sector received new orders worth GBP 61.7 billion. 2017 saw a 13% decline in this, the first decline since 2011. 35% of all construction orders were for new housing, 25% were for commercial projects,...

Electric Vehicle Battery Market | Industry Size, Share, Trends (2022-27)

  Market Overview: From USD 34.08 billion in 2020 to USD 218.47 billion in 2027, the market for electric vehicle (EV) batteries is projected to grow at a CAGR of 31.56%. Due to the disruption of the global supply chain caused by the COVID-19 outbreak, the supply chain for electric vehicles and their batteries was affected, but the effect was only temporary and had a short-term effect on the market. When compared to the growth in electric vehicle sales between 2018 and 2019, which was only about 5.2%, the final increase in electric vehicle sales was about 41%, from about 2.11 million units in 2019 to about 2.97 million units in 2020. Electric vehicles are in high demand as a result of worries about the effects of climate change and the rise in carbon emissions in big cities. By 2030, the market share of electric vehicles (EVs) is intended to reach 30% (excluding two- and three-wheelers). Over the forecast period, it is anticipated that supportive government policies to encourage the...

Motor Insurance Market Share & Size | Industry Growth (2022-27)

  Market Overview: Motor insurance covers any type of road vehicle, including cars, trucks, motorcycles, and other vehicles. Its main purpose is to offer financial security against property loss or bodily injury brought on by auto accidents, as well as against liability that might result from related events. Theft of the vehicle, damage to the vehicle from incidents other than traffic collisions, such as keying, weather-related or natural disasters, and damage from colliding with stationary objects, may all be covered financially by motor insurance. The global auto insurance market is expanding as a result of an increase in accidents, stricter government regulations requiring the purchase of auto insurance, and a surge in automobile sales globally. Scope of the Report: The insurance for cars, trucks, motorcycles, and other vehicles used on the road is referred to as motor insurance. which offers financial protection against property damage or injury brought on by traffic collisions...

Self Storage Market Trends, Growth & Industry Analysis | 2022-27

  Market Overview: The global self-storage market, also known as the market studied, had a value of USD 48.02 billion in 2020 and is projected to grow at a CAGR of 5.45% from 2021 to 2026 to reach USD 64.71 billion. Due to trends of increased urbanisation and better regional economic outlooks, this industry is predicted to grow positively during the forecast period. These elements have stimulated the expansion of new businesses. Additionally, COVID-19 has prompted many business owners to choose self-storage. Self-storage demand increased as a result of having to work from home for the majority of 2020 in order to avoid paying space rent. There is a declining need for office rentals as more businesses choose to adopt a remote work model permanently. Self-storage is primarily preferred, particularly in major Asian cities where renting office space can be expensive. Scope of the Report: One segment of the commercial real estate market is the self-storage sector. Due to global trends o...

Carbon Fiber Market Size, Share, Trends |Industry Growth 2022-27

  Market Overview: The market for carbon fibre is expected to reach 123,710 tonnes globally in 2022 and grow at a CAGR of more than 10% over the following five years (2022–2027). Production decreased as a result of COVID-19 in a number of industries, including the automotive, building, and aerospace sectors. The COVID-19 pandemic has had a significant negative impact on the global automotive supply industry. The majority of the world’s auto manufacturing and sales have abruptly stopped. Additionally, COVID-19 had a significant negative impact on the aerospace and defence sector, a significant end-user of the carbon fibre market, in 2020. Scope of the Report: Carbon atoms are joined in a long chain by chemical bonds to create carbon fiber. The fibers are used in numerous processes to produce top-notch building materials because they are incredibly stiff, strong, and light. By raw material, type, application, end-user industry, and geography, the carbon fiber market is divided into s...

Silicone Market Size, Growth, Share | Industry Analysis (2022-27)

  Market Overview: The silicone market had a value of over USD 15,000 million in 2021, and it is anticipated that during the forecast period, the market will grow at a CAGR of more than 6.5%. (2022–2027). The silicone market has been hampered by the COVID-19 pandemic. The majority of factories and industries were completely shut down globally as a result of widespread lockdowns, stringent social segregation, and disruptions in the global supply chain, which had a negative impact on building and construction and reduced demand for silicone. But as people’s awareness of health and hygiene has grown, so has the demand for silicone in the healthcare, personal care, and consumer goods industries. Scope of the Report: Silicones, also known as poly-siloxanes, are synthetic polymers made of carbon, hydrogen, and other elements with repeating monomers of siloxane, a chain of alternating silicon and oxygen atoms. By form type, use, and region, the silicone market is divided. The market is di...

Flexible Packaging Market Size, Trends & Industry Growth| 2022-27

  Market Overview: Over the course of the forecast period, the flexible packaging market is anticipated to grow at a CAGR of 4.37%. (2022–2027). Due to the significant energy and environmental advantages of flexible packaging, the packaging industry has been moving in this direction. Growing concerns about the use of biodegradable polymers for flexible packaging and its effects on the environment have also compelled manufacturers to offer environmentally friendly packaging options that are secure and safe. To relieve cost pressure and maintain the integrity of product packages, manufacturers continue to search for sustainable packaging options that fit with the product and brand name of the end-user, require less money for transportation, and provide products with a longer shelf life. Scope of the Report: The flexible packaging market study keeps tabs on the consumption of materials used as bags, pouches, foils & Wraps, films, and other flexible packaging forms such as plastic,...

Threat Intelligence Market Size, Share, Trends & Growth | 2022-27

  Market Overview: The threat intelligence market was estimated to be worth USD 5.28 billion in 2021 and is anticipated to grow at a CAGR of 12.9% to reach USD 13.9 billion by 2027. (2022–202). The attack source, targets, destination attack profiles, and various technologies have undergone a paradigm shift in recent years. Attack types and targets can be instructive, but it can be challenging to attribute responsibility for a specific attack, so attack sources continue to be a challenge. Organizations now place more of an emphasis on various cybersecurity solutions as a result of the rising number of cyberattacks and data breaches. Because the cyber arms race between attackers and defenders is becoming more intense, more organisations are concentrating on cyber intelligence. As such, threat intelligence has become an enabler for defenders to make faster, more informed security decisions and change their behavior from reactive to proactive in the fight against breaches Scope of the ...

Big Data Analytics In Retail Marketing Market Size & Share (2022-27)

  Market Overview: Big data analytics in the retail sector are expected to generate $4.18 billion in revenue by 2020. By the end of 2026, this market is anticipated to have grown at a CAGR of 21.20%, totaling USD 13.26 billion (2021–2026). Thanks to the use of Big Data and advanced analytics technologies, the retail sector is undergoing a significant transformation. Retailers are using Big Data analytics to stay competitive in the market as e-commerce, online shopping, and high customer loyalty competition grow. An American retail chain called Costco contacted every customer who had purchased stone fruits to alert them to the potential listeria contamination. This was only possible because the business tracks customer purchases using Big Data. Recently, fashion retailer H&M started using Big Data to tailor its merchandising mix in its brick-and-mortar stores. The fashion retailer is using algorithms to gain insights from returns, receipts, and data from loyalty cards to enhance...

NAND Flash Memory Market Size, Trends & Industry Growth | 2022-27

  Market Overview: The market for NAND flash memory was valued at USD 66.52 billion in 2021, and it is anticipated to grow at a CAGR of 5.33% from 2022 to 2027 to reach USD 94.24 billion. The NAND markets are favoured by the current macrotrends of AI and machine learning, mobility, and connectivity, and they are anticipated to grow their share in the semiconductor market. The consumption of NAND flash is sharply rising with the popularity of PCs and smartphones, with a large portion of this growth being attributed to smartphones’ rising average capacity. It is anticipated that this will increase demand for NAND flash packaging, which will have an impact on the demand for memory packaging. Scope of the Report: A non-volatile storage technology called NAND flash can store data without the need for power. It is a type of electronically erasable programmable read-only memory, in other words (EEPROM). In big blocks, it is programmed, erased, and reprogrammed. Because it resembles the NA...

Superfoods Market Size, Share & Trends | Industry Growth (2022-27)

  Market Overview: The market for superfoods was worth USD 152.71 billion in 2021, and it is projected to grow to USD 214.95 billion by 2027. During the forecast period, it is expected that the market for superfoods will expand at a CAGR of 9.2%. (2022–2027). The COVID-19 outbreak has been a blessing for the producers of superfoods because there was a high demand for packaged functional food items. Superfruits, quinoa seeds, chia seeds, and other products that support the ongoing trend of healthy snacking and boost immunity rose in popularity as the idea of healthy and nutritious eating gained traction in the market during the pandemic, increasing the demand for superfood on an industrial scale. Scope of the Report: Superfoods are substances that are incredibly dense in nutrients. They therefore offer a significant amount of nutrients and very few calories. They are rich in antioxidants, vitamins, and minerals. The market for superfoods is divided into categories based on type, inc...

Automotive Glass Market Share, Size, & Analysis (2022-27) | Report

  Market Overview: By 2026, the automotive glass market, which was valued at USD 19 billion in 2020, is anticipated to have grown by about 5%, reaching USD 23 billion (2021–2026). The coronavirus crisis has caused temporary business closures in the automotive industry all over the world, which has a negative impact on the near-term outlook for manufacturers of automotive glass. However, a quick recovery will be possible in the near future thanks to demand generated by the young but rapidly expanding electric vehicle sector. Automotive glass innovations are increasingly concentrating on enhancing the product’s material strength. Glass that has been chemically tempered has proven to be superior to options made of soda-lime glass. Scope of the Report: Different types of glasses are used in automobiles to protect the driver and to facilitate safe driving. The COVID-19 impact and most recent market technological advancements are covered in the automotive glass market report. The segment...

Private Equity Market Size, Growth & Industry Report | 2022-2027

  Market Overview: During the forecast period, the global private equity market is anticipated to experience a CAGR of roughly 11%. In 2018, the total value of private equity buyouts reached an all-time high of 5,106 deals across the globe, totaling USD 456 billion. Buyout activity is at historically high valuations with this record. Private equity deal-making faced a number of macro challenges, including competition from strategic acquirers, high multiple valuations, and, in the fourth quarter, rising interest rates and disruption in the high-yield and leveraged loan markets. However, the pace of activity overcame these obstacles. The United States was where the vast majority of the capital was raised. In 2018, Canada’s manufacturing and industrial sectors attracted the most private equity deals. In 2018, private equity firms raised 90 billion USD in Asia, the second-largest region for private equity. Since 2010, the amount of private equity assets managed in the area has increase...