A Market Place Research – Page 1156

Natural Gas Liquids Market to Partake Significant Development during 2030

Natural gas liquids (NGLs) are a group of hydrocarbons that includes ethane, propane, butane, isobutane, and natural gasoline. NGLs are differentiated from one another by the number of carbon atoms in their molecular chain. They have a wide variety of applications from specialized fuels (e.g., propane, butane) to petrochemical feedstocks for making products like plastic and fertilizers.

The rise in demand for chemicals & petrochemicals and the rapid surge in the usage of plastic products have led to an increase in demand for Natural gas liquid, which may act as the major driving factor for the market.

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NGLs are extracted as byproducts in the production of natural gas and oil. In addition, of these two sources, natural gas processing is by far the most significant, contributing over 90% of NGL production in 2018. When extracted from a well, natural gas is mixed with other hydrocarbons and various impurities. In order for the natural gas to be marketable, the NGLs and impurities must then be removed. The separated NGLs may then be discarded or undergo further processing in order to be sold. The relatively high value of NGLs combined with the rise in natural gas production has led to a rapid rise in NGL production as it has become more economical for processors to sell the separated NGLs. The U.S. is by far the largest producer of NGLs in the world, accounting for more than a third of global production. Domestic NGL production has more than doubled in the 10 years since 2008, reaching 1,381 million barrels in 2017. Ethane and propane are the two most prevalent NGLs, and together they account for more than 70% of all domestic production. Canada, Japan, and China are currently the largest importers of U.S. NGLs.

The key factors responsible for driving natural gas liquids markets are an increase in demand in petrochemical plants; a surge in demand in refineries, and high demand from industrial & residential consumers. Some of the other factors responsible for driving the natural gas liquids market are developments in the natural gas business; and the increased utilization of associated gas.

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Restraining factors to this market are the lack of infrastructure to handle NGLs, and tough competition from other energy-producing products such as methane gas, biogas, and many more. The opportunity lies in developing the infrastructure for NGLs.

The natural gas liquids market is segmented on the basis of product and application. By product, it is classified as ethane, propane, isobutene, and natural gasoline. By application, it is categorized as Industrial, residential, and commercial. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include BP P.L.C., Chevron Corporation, ConocoPhillips Company, Devon Energy Corporation, Exxon Mobil Corporation, Lukoil, Occidental Petroleum Corporation, Range Resources Corporation, Saudi Arabian Oil Co., and Shell Plc.

The report focuses on the global natural gas liquids industry and the major products and applications where Natural gas liquids are deployed. It further highlights numerous factors that influence market growth, such as forecasts, trends, drivers, restraints, opportunities, and roles of different key players that shape the market. The report focuses on the overall demand for Natural gas liquids in various countries, presenting data in terms of both value and volume. The revenue is calculated by proliferating the volume by region-specific prices, considering the region-wise differentiated prices.

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Key findings of the study

On the basis of product, the ethane segment emerged as the global leader in 2020 and is anticipated to hold the largest natural gas liquids market size during the forecast period.
On the basis of application, the industrial segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
On the basis of region, the natural gas liquids market share is highly attributed to North America and is projected to maintain the same during the natural gas liquids market forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Smart Packaging Market Size to Reach 5.5% of CAGR Forecast by 2030

The global Smart Packaging Market size was valued at $22.2 billion in 2020, and is expected to reach $38.6 billion by 2030, with a CAGR of 5.5% from 2021 to 2030. In 2020, North America dominated the global market, in terms of revenue, accounting for around 41.20% share of the global market.

Top Companies

The major players profiled in the smart packaging market include 3M, Avery Dennison Corporation, Ball Corporation, BASF SE, Crown, International Paper, R.R. Donnelley & Sons Company, Stora Enso, Sysco Corporation, and Zebra Technologies Corp. (Temptime Corporation).

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Smart packaging is a type of system that improves customer safety, product safety, display information of the product quality, helps in monitoring the freshness of products, and extends the shelf life. It is used for packaging of different products like food and pharmaceuticals that require complete monitoring over the freshness of product. It works through the help of sensor installed over the packaging systems.

Changes in lifestyle patterns due to urbanization, particularly in emerging economies and growth in consumption of beauty products with advancement in technology drive the growth of the market. In addition, the untapped geographical regions offer potential opportunities for the market with the growth in hygiene concerns among consumers in these regions. However, high cost of active and intelligent packaging system is expected to hamper the global smart packaging market growth.

Healthcare or pharmaceutical industry and the medical packaging have witnessed quite a notable growth along with advances in technology. The integration of barcodes, Radio Frequency identification(RFID)tags, or sensors is highly useful within the industry as it monitors authenticity of medicines and provides the patients, pharmacists, and other healthcare professionals with details about the expiry date, consumption, and dosages. In addition, smart packaging industry helps the healthcare sector to deal with challenges such as counterfeit and patient compliance, thereby providing complete security. Thus, this sector is projected to exhibit the fastest growth rate during the forecast period and hence increase the smart packaging market. The smart packaging system is also expected to deliver value to technologically savvy consumers, such as tracking environmental conditions, monitoring freshness, and usage indicators.

LAMEA is expected to grow at the highest CAGR owing to the increase in urbanization and change in lifestyle of consumers in the developing countries, such as Brazil and South Africa. This is also responsible for increase in demand for market in the region. However, Middle East is the second fastest growing region due to rise in per capita income of consumers, thereby resulting in high expenditures in automotive, healthcare, personal care, and retail industry

In addition, the outbreak of COVID-19 has led to halt in logistic and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering the growth of the market. However, this situation is expected to improve as government is relaxing norms around the world for resuming business activities.

The market is segmented on the basis of type, end user, material, and region. Based on type, the market is segregated into active packaging, intelligent packaging, and modified atmospheric packaging. Depending on end user, the market is classified into food & beverage, healthcare, automotive, logistics, personal care, and others. According to material the market is divided into solid and liquid.

Region wise, the global smart packaging market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global smart packaging market share, and LAMEA is anticipated to secure a leading position during the forecast period.

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Offshore Mooring Market to Witness Comprehensive Growth by 2030

Offshore mooring is the process or act of tying a floating structure or ship to a submerged anchoring point. The offshore mooring system is made up of a mooring line, anchor & connectors, and mooring layout, and is used for station keeping of a ship or floating platform in all water depths.

The offshore mooring market is anticipated to witness considerable growth during the forecast period. This is attributed to factors, a rise in demand for energy, an increase in offshore oil & gas exploration & production activities, technical advancements in mooring systems, and others. However, high cost associated with initial investment and maintenance of offshore mooring systems and the rapid growth of the renewable energy sector hinders the growth of the market across the globe. Conversely, an increase in investment in newly emerged offshore oil & gas exploration fields and an increase in subsea drilling activities in Africa are anticipated to provide potential growth opportunities for key players operating in the market in the future.

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An increase in applications of offshore mooring in floating production, storage, & offloading (FPSOs) and semisubmersibles is expected to fuel the growth of the market in the near future. Moreover, growth in demand for energy and a rise in offshore exploration and production are factors that drive the offshore mooring market trend. Their impact is expected to increase significantly due to the increase in maturity of onshore oil & gas fields. Mature onshore oil & gas fields are expected to lead to offshore exploration and production and in turn, drive the market. Some of the restraints associated with the market are high initial CAPEX and harsh deep-sea environmental conditions.

On the basis of the mooring type, the catenary segment garnered the highest market share of about 29.5% in 2020 and is expected to maintain its dominance during the offshore mooring market forecast period. This is attributed to the rising demand for catenary mooring from deep shallow water fields. In addition, the rise in offshore exploration and production activities is further expected to drive the growth of this segment in the coming years.

By anchors, the drag embedment anchors registered the highest market share in the year 2020. This is owing to the rise in demand for this type of anchor from shallow to deep water applications. In addition, it is mainly used for catenary mooring which is a highly used mooring system in offshore applications and hence fuels the growth of the market in the coming years.

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On the basis of applications, the floating production, storage, and offloading (FPSO) vessels segment garnered the largest share in 2020, in terms of revenue, and is expected to grow at a CAGR of 3.8%, owing to a rise in demand for offshore mooring systems from FPSO vessels across the globe. In addition, a rise in demand for FPSO platforms from oil and gas offshore exploration and production facilities is anticipated to drive the growth of the market in the coming years.

Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered the highest offshore mooring market share in the year 2020. This is attributed to the emergence of offshore fields in the South China sea, Australia, and others regions. Moreover, a rise in investment towards oil & gas exploration and production and reducing dependence on imports are anticipated to fuel the growth of the offshore mooring market in the region during the forecast period.

The global offshore mooring market analysis covers in-depth information on the major compressed natural gas industry participants. The key players operating and profiled in the report include Offspring International, Blue Water Energy LLP, Mampaey Offshore Industries B.V., Rigzone Mooring Systems, Delmar Systems, Inc., Moorsure Mooring Systems Solutions Pty Ltd., Blue Water Energy LLP, Balltec Ltd., SOFEC, Inc., and SBM Offshore N.V.

The other players operating in the offshore mooring market are De Haan Mussel Kanaal, Scana Industrier ASA, Advanced Production and Loading, Multinational Craig Energy Services, Lamprell Energy, and LHR Services & Equipment.

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KEY FINDINGS OF THE STUDY

In 2020, the catenary mooring segment accounted for about 29.5% of the share in the global offshore mooring market and is expected to maintain its dominance during the forecast period.
In 2020, the spread mooring segment accounted for 13.8% market share and is anticipated to grow at a rate of 4.5% in terms of revenue.
In 2020, the drag embedment anchors segment accounted for 44.7% market share and is anticipated to grow at a rate of 3.9% in terms of revenue.
Floating liquefied natural gas (FLNG) vessels are the rapidly growing segment in the global offshore mooring market, and are expected to grow at a CAGR of 4.6% during 2021–2030.
North America is expected to grow at the fastest rate, registering a CAGR of 4.2%, during the forecast period.
In 2020, Asia-Pacific dominated the global offshore mooring market with more than 33.7% of the share, in terms of revenue.

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Optical Films Market Outlook 2022: Application, Growth, Region Analysis and Forecast, 2022-2030 | Global Value $40.4 billion

Global Optical film market is projected to exceed $40.4 billion by 2030, and to grow at a CAGR of 7.6% from 2022 to 2030. The report offers key drivers that propel the growth in the global hydrazine market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

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Global Optical Films Market is driven by high demands of manufacturers for optical films in LCDs and LEDs. Optical films have various applications such as thin film transistors (TFTs), liquid crystal display (LCD) panels and organic light emitting diode (OLED) panels. Additionally, optical films are used in desktop monitors and laptops, smartphones and tablets, television and other large displays. These numerous applications present new opportunities in the years to come.

As per Allied Market Research, based on applications, television (TV) segment accounted for the largest share in 2021, contributing around one-third of the global optical films market, and is expected to maintain its leading position during the forecast period. This is due to technological advancements in TV resolution and the growing influence of digital media on smart TV advertising and marketing. However, the tablet and smartphone segment is expected to show the highest CAGR of 8.3% from 2022 to 2030, owing to the rapid growth in technology adoption in developing countries.

Based on the region, Asia Pacific held the highest market share by 2021 revenue, accounting for nearly two-fifths of the global optical film market. Moreover, the same region is expected to witness the fastest CAGR of 8.1% from 2022 to 2030. This is attributed to the increase in demand for advanced optical films in various electrical appliances.. Other regions analyzed in the report are North America, Europeand LAMEA.

Based on type, the polarizer segment held the highest market share in 2021, accounting for almost half of the global optical films market, and is expected to maintain its leading status throughout the forecast period. Moreover, the same segment is expected to show the highest CAGR of 7.8% from 2022 to 2030. Polarizing films help in reducing glare and reflection from objects, and hence, they are widely used in a number applications around the world. This, in turn, drives the segment. Two other segments analyzed in the report are Backlight Unit and Indium Tin Oxide.

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Covid-19 Scenario: –

1. The outbreak of the Covid-19 pandemic has negatively impacted the global optical films market as the lockdown has hampered various industrial operations. Maximum of companies has interrupted its activities due to the lack of manpower.

2. In addition, the import and export business has been significantly affected, which in turn has adversely affected the industries using optical films, thereby affecting the growth of the global optical films market.

Major Market Players:-

1. LG Chem, Ltd.
2. Samsung SDI
3. 3M
4. Sumitomo Chemical Co., Ltd.
5. Zeon Corporation
6. Kolon Industries Inc.
7. Nitto Denko Company
8. Toray Industries Inc.
9. Sanritz Co., Ltd.
10. Hyosung Chemical.

Similar Report:

Perforated Packaging Film Market

Construction Films Market

Optical Lens Material Market

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Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP based in Portland, OR. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

Pawan Kumar, CEO of Allied Market Research, leads the organization in delivering high quality data and insights. We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

Payroll Outsourcing Market is Expected to Reach $19.5 Bn by 2031 | North America & Europe are the Most Prominent Regions

Allied Market Research published a report, “Payroll Outsourcing Market by Type (Hybrid, Fully Outsourced), by Business Size (Small Business, Medium Business, Large Business), by Industry Vertical (BFSI, Consumer and Industrial Products, IT and Telecommunication, Public Sector, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”.

As per the latest report, Over the next few years, the market will witness a major spike in CAGR. Technological innovations and increased disposable income would contribute significantly to market growth. The report offers a comprehensive study of major market players, key trends, and driving factors.

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The global Payroll Outsourcing Market market report includes detailed information regarding driving factors and opportunities that propel the market growth. Moreover, the report involves an analysis of challenges and restraining factors, which helps market entrants understand pitfalls in the industry. Technological advancements and a surge in demand are the prime reasons behind the market growth. The untapped potential in developing countries would open new opportunities in the coming years.

The market growth is analyzed using several strategic tools and methods. The SWOT analysis and Porter’s Five analysis are offered in the report. These tools offer a detailed analysis of major determinants of market growth and are essential for leveraging lucrative opportunities in the market.

The Report will help the Leaders:
• Figure out the market dynamics altogether
• Inspect and scrutinize the competitive scenario and the future market landscape with the help of different strictures including Porter’s five forces
• Understand the impact of different government regulations throughout the global health crisis and evaluate the global & Asia-Pacific radar market condition in the tough time
• Consider the portfolios of the protruding players functional in the market in consort with the thorough study of their products/services
• Have a compact idea of the highest revenue-generating segment

The global Payroll Outsourcing Market market report provides detailed segmentation of the market.

Key Segmentation

Type	Hybrid Fully Outsourced
Business Size	Small Business Medium Business Large Business
Industry Vertical	BFSI Consumer and Industrial Products IT and Telecommunication Public Sector Healthcare Others
By Region	North America (U.S., Canada) Europe (UK, Germany, France, Italy, Spain, Netherlands, Rest Of Europe) Asia-Pacific (China, India, Japan, Australia, Singapore, Rest Of Asia-Pacific) LAMEA (Latin America, Middle East, Africa)

The report includes a comprehensive analysis of sales, revenue, growth rate, and market shares of every segment during the historic period and forecast period along with charts and tables.

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The Covid-19 pandemic had a significant impact on the growth of the global Payroll Outsourcing Market market. The prolonged lockdown across several countries and restrictions on import-expert disrupted the supply chain. Moreover, the lack of workforce and increased prices of raw materials affected the market.

The global Payroll Outsourcing Market industry is analyzed based on the region along with the competitive landscape in each region. The regions included in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to formulate business strategies and open lucrative opportunities.

The global Payroll Outsourcing Market market report includes a detailed analysis of the top 10 market players active in the global market. The study includes sales, production, and revenue analysis. The prime market players are ADP, Inc., CloudPay, Deloitte Touche Tohmatsu Limited, Gusto, HCL Technologies Limited, HRMantra Software Pvt. Ltd., Infosys Limited, International Business Machines Corporation, Intuit Inc., KPMG, Paychex Inc., Sage Group plc, Vision H.R., Workday Inc., Zalaris ASA, Keka Inc., Papaya Global. These market players have adopted several business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain their market presence in the market. The market report includes statistics, tables, and charts to offer a detailed study of the Payroll Outsourcing Market industry.

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Frequency Converter Market to Witness Exponential Growth by 2031

Frequency converters are electronic devices used in various applications including generation, transmission, distribution, and use of electrical energy. They can control frequency, power, and voltage and improve the efficiency of the equipment or machines such as motors, pumps, fans, and others. They offer advantages such as reduction in maintenance cost, increase in the lifetime of machines, improved processes, enable utilization of equipment imported from other countries, and others. They are used in various end-use industries including aerospace & defense, power & energy, oil & gas, marine, and others.

A notable development of end-use industries in textile, paints, and coatings, etc surged the demand for frequency converters to operate the industries at variable frequencies which are expected to derive the growth of frequency converter market during the forecast period.

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Significant development of the end-use industries such as textile, automotive, paint & coatings, solar, pharmaceutical, chemicals, and healthcare, has fueled the demand for frequency converters to operate the machinery & equipment in industries at variable frequencies from the above-mentioned industries and is thereby expected to drive the growth of the frequency converter market during the forecast period. In addition, an increase in demand for frequency converters from developing economies such as India, China, and Japan, owing to the presence of manufacturing facilities in the region fuels the growth of the market, globally. However, fluctuations in the cost of raw materials & components and different electricity standards in different countries are the key factors that are expected to hamper the growth of the global frequency converter market in the upcoming years.

Depending on the type, the rotary frequency converter segment held the highest market share of about 68.4% in 2021 and is expected to maintain its dominance during the frequency converter market forecast period. This is attributed to the rising demand for rotary frequency converters from applications including aerospace & defense, weapon systems, manufacturing facilities, rail & hydro facilities and.

In addition, the rise in the adoption of rotary frequency converters in large applications with a power rating of 10 kVA or more is further anticipated to boost the demand for rotary frequency converters in the coming years.

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On the basis of end-user, the aerospace & defense segment held the largest share in 2021, in terms of revenue, and is expected to maintain its dominance during the forecast period. This is attributed to the rapid growth of the aerospace & defense industry across the globe for national security. In addition, frequency converters are increasingly used in applications including aviation and weapon systems, signal systems, and others, which is expected to fuel the growth of the market during the forecast period.

On the basis of region, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered the dominant share in 2021 and is anticipated to maintain this dominance in the frequency converter market trend during the forecast period. This is attributed to the presence of key players and a huge consumer base in the region. In addition, the rapid expansion of the renewable energy sector, rise in investment toward building & construction of modern grid infrastructure, and increase in R&D efforts in the region are further anticipated to fuel the growth of the market in the upcoming years.

The global frequency converter market analysis covers in-depth information about the major frequency converter industry participants. The key players operating and profiled in the report include ABB, Ltd., Avionic Instruments, LLC, Danfoss A/S, Georator Corporation, General Electric, KGS Electronics, NR Electric Co., Ltd, Power Systems & Controls, Inc., Siemens, and Langley Holdings Plc.

Other players operating in the value chain of the global frequency converter market are Bosch Rexroth, Wacker Neuson, Piller Group GmbH, ENAG, and others.

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Key findings:

In 2021, the rotary frequency converter type segment accounted for about 68.4% of the share in the global frequency converter market and is expected to maintain its dominance till the end of the forecast period.
The rotary frequency converter end-user segment is expected to grow at the fastest rate, registering a CAGR of 6.1%, throughout the forecast period.
In 2021, the aerospace & defense end-user segment accounted for 30.7% frequency converter market share in the year 2021 and is anticipated to grow at a rate of 6.7% in terms of revenue, while increasing its share in the global frequency converter market.
In 2020, the Asia-Pacific region dominated the global frequency converter market with more than 39.6% share, in terms of revenue.

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Smart Card Market Future Analysis to 2030 | CardLogix Corporation, CPI Card Group

As per the report by Allied Market Research, Titled ”Smart Card Market By Type (Contact, Contactless, and Dual Interface) and End User (BFSI, Telecommunication, Healthcare, Government, Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”.

The global smart card market is expected to witness substantial growth from 2022 to 2031. Rapid technological innovations and increase in demand are the major factors that propel the growth of the market. The smart card market study offers an in-depth analysis of the major market trends, driving factors, top 10 market players, and prime investment pockets.

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The smart card market report provides a comprehensive study of the market on the basis of various parameters such as sales, market size, sales analysis, and key driving factors. In addition, the report provides Porter’s five forces analysis, SWOT analysis, a business overview of services and products, and portfolio and financial analysis. These statistical tools offer vital information about major market players and aid leverage of lucrative opportunities in the market. The report helps industry players and new industry entrants to formulate fruitful business strategies.

Key Market Segments Includes:

By Type
• Contact
• Contactless
• Dual Interface

By End User
• BFSI
• Telecommunication
• Healthcare
• Government
• Transportation
• Others

The smart card market is analyzed on the basis of geographical penetration along with a study of market influence in the various regions such as North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).

The global smart card market report includes a detailed study of major market players such as Alioth LLC, CardLogix Corporation, CPI Card Group Inc., Giesecke+Devrient GmbH, IDEMIA, Identiv, Inc., Infineon Technologies AG, NXP Semiconductors NV, Thales, and Watchdata Technologies along with inclusive information on their company description, market share, key developments, and financial breakdown. The competitive analysis of these companies offers a business overview along with a portfolio analysis of their services and products. These market players have adopted several business strategies such as mergers & acquisitions, joint ventures, new product launches, and collaborations to maintain their foothold in the market.

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The report offers a comprehensive analysis of the dynamic driving and restraining factors, along with the study of major challenges and lucrative opportunities. Furthermore, the report provides a SWOT analysis that aids to gain the driving and restraining factors in the industry. The report highlights market segmentation and the study of prime market players. Furthermore, the report includes an in-depth analysis of the Covid-19 outbreak impact on the global smart card market. The global smart card market report offers a brief overview of the market and highlights the market definition and scope.

Key Offering of the Report:

Major driving factors: A detailed study of determinants of the market factors, forthcoming opportunities, and challenges.
Current market trends & forecasts: An in-depth analysis of the market including recent market trends and forecasts for the next few years that help to make an informed decision.
Segmental Analysis: A detailed study of each segment along with driving factors and growth rate analysis of each segment.
Geographical analysis: Insightful study of the market across various regions that enable market players to benefit from the market opportunities.
Competitive landscape: A detailed study of major market players that are active in the smart card market.

Final Report will add the analysis of the impact of COVID-19 on this industry.

Smart card market Research Report includes an outline of the industry based on major parameters including market size, sales, sales analysis and key drivers. The market size is expected to grow on a large scale during the forecast period (2021-2027). This report also offers the latest impacts of COVID-19 on the market. The outbreak of the pandemic has affected numerous aspects of life across the globe. This, in turn, has urged the markets to adopt new norms, trends, and strategies. Essentially, the research report intends to provide a view of initial and future assessments of the market.

The report includes a comprehensive analysis of the impact of the Covid-19 pandemic on the industry. The prolonged lockdown across the market and strict regulations on international trade have a major impact on the global smart card market. The Covid-19 pandemic led to the disruption of the supply chain and value. In addition, the Covid-19 pandemic resulted in increased prices of raw materials and led to a shortage of skilled workforce. The smart card market report offers consumer preferences, trends, and budget impact on the market due to the Covid-19 pandemic.

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Content Services Platform Market Trends, Business Strategies and Opportunities with Key Players Analysis by 2031

Surge in need for content by huge organizations, rise in number of small and medium enterprises, increase in internet penetration among people in various countries, and growth in the adoption of social, mobile, analytics, and cloud (SMAC) technologies are expected to drive the growth of the global Content Services Platform Market. Increase in the adoption of content services platform by various businesses and surge in work-from-home culture among employees during the COVID-19 pandemic has had a positive impact on the growth of the market.

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The segmentation of the global content services platform market based on component, deployment mode, organization size, industry vertical, and region.Based on component, the solutions segment held the largest market share in 2021, garnering nearly two-third of the global market, and is expected to maintain its leadership status during the forecast period. The services segment, on the other hand, is expected to exhibit the fastest CAGR of 18.0% during the forecast period.

Based on deployment model, the on-premise segment held the dominating market share in 2021, holding more than half of the global market. The cloud segment, on the other hand, is predicted to cite the fastest CAGR of 18.4% during the forecast period.

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Based on organization size, the large enterprises segment held the lion’s share in 2021, garnering nearly two-thirds of the global market, and is expected to maintain its leadership status during the forecast period. The small and medium-sized enterprises segment, on the other hand, is predicted to cite the fastest CAGR of 17.9% during the forecast period.

Based on industry vertical, the BFSI segment held the largest market share in 2021, garnering nearly one-fourth of the global market. The retail and consumer goods segment, on the other hand, is predicted to cite the fastest CAGR of 20.1% during the forecast period.

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Based on region, the market across North America held the dominating market share in 2021, holding more than one-third of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is predicted to cite the fastest CAGR of 18.2% during the forecast period.

The key players include Adobe Inc., DocuWare, Fabasoft AG, Hyland Software Inc., International Business Machine Corporation (IBM), Kyocera Corporation, Microsoft Corporation, Open Text Corporation, Oracle Corporation, and Paper Alternative Solutions Inc.

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COVID-19 Scenario:

The outbreak of COVID-19 has had a positive impact on the growth of the global content services platform market, owing to the occurrence of lockdowns in various countries across the globe.
Lockdowns resulted in the increased demand for content service platforms as more and more businesses, both small and medium enterprises and large enterprises, were increasingly using of these platforms to maintain production in unprecedented times during the pandemic. This was mainly due to closure of physical stores and offices and social distancing measures implemented in the wake of the COVID-19 epidemic.
There was surge in the work-from-home culture during the pandemic, resulting in the expeditious adoption of these platforms. Leading regions, such as the North America and Europe, already require non-essential corporate employees to work electronically for an extended period of time.
Furthermore, increase in internet penetration across the globe will further drive market expansion post-pandemic.

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Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Over The Top Market

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Video Banking Service Market New Pathways for Research and Innovation are Being Opened by Trends

Allied Market Research published a report, “Video Banking Service Market by Component (Solution, Service), by Deployment Mode (On-Premise, Cloud), by Application (Banks, Credit Unions, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”.

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The global Video Banking Service Market market report includes detailed information regarding driving factors and opportunities that propel the market growth. Moreover, the report involves an analysis of challenges and restraining factors, which helps market entrants understand pitfalls in the industry. Technological advancements and a surge in demand are the prime reasons behind the market growth. The untapped potential in developing countries would open new opportunities in the coming years.

The global Video Banking Service Market market report provides detailed segmentation of the market.

Key Segmentation

Component	Solution Service
Deployment Mode	On-Premise Cloud
Application	Banks Credit Unions Others
By Region	North America (U.S., Canada) Europe (UK, Germany, France, Italy, Spain, Rest of Europe) Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific) LAMEA (Latin America, Middle East, Africa)

The report includes a comprehensive analysis of sales, revenue, growth rate, and market shares of every segment during the historic period and forecast period along with charts and tables.

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The Covid-19 pandemic had a significant impact on the growth of the global Video Banking Service Market market. The prolonged lockdown across several countries and restrictions on import-expert disrupted the supply chain. Moreover, the lack of workforce and increased prices of raw materials affected the market.

The global Video Banking Service Market industry is analyzed based on the region along with the competitive landscape in each region. The regions included in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights aid to formulate business strategies and open lucrative opportunities.

The global Video Banking Service Market market report includes a detailed analysis of the top 10 market players active in the global market. The study includes sales, production, and revenue analysis. The prime market players are AU Small Finance Bank Limited, Barclays, Glia Technologies, Inc., Guaranty Trust Bank Limited., NatWest International, Star Financial, stonehambank, U.S. Bank, ulster bank, Royal Bank of Scotland plc. These market players have adopted several business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain their market presence in the market. The market report includes statistics, tables, and charts to offer a detailed study of the Video Banking Service Market industry.

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Global Outdoor Flooring Market Size Was Valued At $16,557.7 Million In 2019 | Registering A CAGR Of 5.6% From 2020 To 2027

“Outdoor flooring Market by Material Type, Flooring Type, Construction Type, and End User, Opportunity Analysis and Industry Forecast, 2020–2027,” the global outdoor flooring market size was valued at $16,557.7 million in 2019, and is projected to reach $22,070.0 million by 2027, registering a CAGR of 5.6% from 2020 to 2027.

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Outdoor flooring plays a vital role in improving visual appeal of commercial buildings and infrastructure through innovative landscaping and flooring solutions. Rise in awareness toward outdoor entertainment areas, especially among millennials is anticipated to drive the outdoor flooring market growth in the coming years. Further, rise in adoption of thermally treated woods has gained traction in recent years, owing to its enhanced durability, longer product life, and environment friendly material

The rise in infrastructure development projects, especially in developing countries in Southeast Asian regions is anticipated to provide numerous business opportunities for market players in residential and commercial spaces. In addition, rise in consciousness toward home remodeling and inclination toward outdoor entertainment areas are also expected to drive the market growth across developed regions such as North America and Europe.

Global economic slowdown as well as soaring inflation rates have significant impact over residential end users, influencing spending on their homes. Despite positive annual yearly growth, the market is still in recovering mode and is projected to witness steady growth rate in the coming years. Increase in disposable income as well as changes in lifestyle toward single family homes has significant impact over the market growth in the recent years. Moreover, growth in popularity of outdoor entertainment areas among high-end middle class residential end users is also anticipated to fuel the demand for outdoor flooring solutions among residential end users.

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New construction activities, especially in fast emerging economies such as South Asia and Africa majorly drive growth of the market. In addition, number of outdoor remodeling activities has gained traction, owing to rise in awareness of outdoor entertainment areas among residential end users in developed economies. Moreover, increase in number of second home buyers and preference of millennials toward outdoor areas are also anticipated to drive the outdoor flooring market growth during the forecast period. However, fluctuations in foreign currency exchange continue to influence profit margins of market players and are projected to hinder growth of the outdoor flooring market in the coming years.

The significant number of new construction activities in countries such as India, China, Russia, and the Middle East majorly drive the tile segment.

On the basis of flooring type, the resilient segment is expected to witness a growth rate of 6.2% from 2020 to 2027 and reach $1,673.2 million in 2027.

Rapid urbanization and fast-growing economies predominantly drive new construction activities and subsequently fuel the demand for outdoor flooring across different end users. As a result, developing countries in Asia and Africa are anticipated to provide numerous business opportunities for market players resulting into attractive CAGRs respectively. Whereas, growth in consciousness toward outdoor entertainment areas among millennial home buyers in developed economies is expected to fuel the demand for outdoor flooring solutions such regions. In addition, retrofitting and renovation activities of public infrastructure, buildings, and airports are also projected to create steady demand for outdoor flooring solutions.

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Region wise, the outdoor flooring market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor in 2019, and LAMEA is expected to exhibit the highest CAGR from 2020 to 2027. This is attributed to the fact that emerging economies in the region are witnessing increase in infrastructural development and increase in construction projects. Moreover, rapid economic recovery significantly drives the outdoor flooring market growth in this region.

The outbreak of COVID-19 has a negative impact on the manufacturing and production of outdoor flooring in the first quarter of 2020, and is likely to hamper the market growth throughout the year. This has further affected the demand for outdoor flooring from developing countries, including India, Brazil, Vietnam, and Indonesia, thereby halting the production activities. In addition, the disruption of supply chains is causing hindrance in manufacturing of the outdoor flooring around the globe.

The key players profiled in the outdoor flooring market report include AZEK Company, Beaulieu International Group, Citadel Floors, ECORE International, Inc., Ebaco India Pvt. Ltd., Fiberon, Mats Inc., Mohawk Industries, Tandus Group, Inc., Tarkett S.A., The Biltrite Corporation, and Timber Holdings USA.

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging outdoor flooring market trends and dynamics.
Depending on material, the ceramics segment dominated the market, in terms of revenue in 2019 and wood & laminate is projected to grow at a significant CAGR during the forecast period.
By end user, the residential segment registered highest revenue in 2019.
LAMEA region is projected to register the highest growth rate in the coming years.
The key players within the market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the outdoor flooring industry.
The report provides an extensive analysis of the current trends and emerging opportunities of the market.
In-depth outdoor flooring market analysis is conducted by constructing estimations for the key segments between 2020 and 2027.

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