A Market Place Research – Page 1233

U.S. Medical Implant Market Research Report (2020-2027) Exhibit A CAGR 7.2% During Forecast Period

What is considered a medical implant?

Medical implants are devices or tissues that are placed inside or on the surface of the body. Many implants are prosthetics, intended to replace missing body parts. Other implants deliver medication, monitor body functions, or provide support to organs and tissues.

“The global medical implants market size accounted for $85,389 million in 2019, and is expected to reach $147,464 million by 2027, registering a CAGR of 7.2% from 2020 to 2027.”

Expansion in commonness of persistent illnesses, steady drives from clinical health care coverage organizations for basic issues, and flood in mindfulness in regards to various sorts of inserts expand the development of the worldwide clinical embed market. Then again, significant expense of treatment and rigid endorsement process obstruct the market development. In addition, mechanical headways in inserts expects to set out a variety of open doors for the market players.

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Covid-19 Scenario

The covid-19 outbreak impacted the medical implant market negatively. The American College of Surgeons (ACS) has recently issued guidelines for triage of vascular surgery patients, suggesting to postpone non-emergency vascular procedures.
According to new government directives and hospital guidelines, vascular procedures have been restricted for life or limb salvaging cases only. The staff have been reallocated to Covid wards.

The metallic biomaterials segment to maintain its lead position by 2027

Based on biomaterial type, the metallic biomaterials segment contributed to the highest share in 2019, accounting for nearly two-thirds of the global medical implant market, and is projected to maintain its lead position by 2027. This is attributed to rise in aging population, increase in research and development investments, surge in applications of biomaterials, demand for plastic surgery, and reimbursements provided by Center for Medicare and Medicaid Services. However, the polymers biomaterials segment is expected to portray the highest CAGR of 9.4% during the forecast period. This is due to prevalence of chronic diseases across the globe and demand for cardiac regeneration.

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Leading market players:

Medtronic Plc.
Johnson and Johnson
Boston Scientific Corporation
Biotronik
LivaNova PLC
Globus Medical, Inc.
NuVasive, Inc.
Integra LifeSciences Holding Corporation
Institut Straumann AG
Conmed Corporation

Based on region, the market is analyzed across Asia-Pacific, Europe, LAMEA, and North America. The market across North America held lion’s share in 2019, with more than two-fifths of the global medical implant market. Furthermore, the region would lead the trail throughout the forecast period. At the same time, Asia-Pacific is expected to register the fastest CAGR of 8.8% from 2020 to 2027.

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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 of “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 domain.

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 utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Mobile X-ray Leaps into the Future with New Innovations from Konica Minolta

What do you mean by imaging?

The process of forming or obtaining images by electronically tracing something such as sound waves, temperature, or chemicals, rather than by using light rays or ordinary photography.

The global mobile imaging market size was valued at $29.39 billion in 2020, and is projected to reach $53.84 billion by 2030 registering a CAGR of 6.50% from 2021 to 2030. The report offers an extensive analysis of changing market trends, top segments, major investment pockets, regional scenarios, value chain, and competitive landscape.

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Covid-19 Scenario

During the Covid-19 pandemic, the demand for various mobile imaging services such as CT scanning and X-ray have been increased significantly with rise in need for diagnostic testing of Covid-19-suspected cases.
Manufacturers raised the production volumes of mobile imaging devices such as DRX-Revolution Nano Mobile X-ray System and DRX-Revolution Mobile X-ray System in response to increased requirement for diagnosis.

Ascend in commonness of ongoing sicknesses, expansion in mindfulness toward early analysis of illnesses, and vital joint efforts and acquisitions drive the development of the worldwide versatile imaging market. Be that as it may, high support expenses and lack of gifted radiologists limit the market development. Then again, advancements in computerized radiology present new open doors before long.

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The X-ray segment to maintain its leadership position during the forecast period

Based on service type, the X-ray segment held the largest share in 2020, accounting for nearly one-third of the global mobile imaging market, and is expected to maintain its leadership position during the forecast period. This is due to demand for mobile X-ray systems, rise in the number of hospitals and diagnostic centers, advancements in digital technology, lower prices as compared to other modalities, and rise in incidence of injuries and diseases. However, the mammography segment is estimated to portray the fastest CAGR of 9.3% from 2021 to 2030, owing to surge in prevalence of breast cancer among the female population.

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On the basis of facility, the mobile imaging market is fragmented into hospitals & clinics, home healthcare, and others (ambulatory imaging centers). The hospitals & clinics acquired the largest share in 2020, and is expected to remain dominant throughout the forecast period. This is attributed to increase in adoption of mobile imaging services by hospitals & clinics as they help in saving space, thereby reducing basic investment required for infrastructure.

Some of the Top Players in the Global Market Are:

Accurate Imaging Inc.
Alliance Healthcare Services
Atlantic Medical Imaging Inc.
Cobalt Health
Front Mobile Imaging
Inhealth Group Limited
Interim Diagnostic Imaging Inc.
Insights Health Services Corp.
RadNet Inc.
Trident USA Health Services

Important Questions Being Answered by the Market Report

What is the Mobile Imaging Market size and growth?
What are the prominent and latest trends impacting the market?
Which regions will observe growth on new occasions?
Which players are adopting a functioning and planned framework to obtain customer loyalty?

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Robotic Flexible Washer Market Hits at a CAGR of 8.3% Forecast to 2031

The Robotic Flexible Washer Market size was valued at $1.2 billion in 2021, and is estimated to reach $2.7 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031. A robotic flexible washer is an automatically operated machine that replaces human effort of cleaning, though it may not resemble human beings in appearance or perform functions in a humanlike manner.

Top Companies

The key players profiled in the robotic flexible washer market analysis include, ABB, ADF Systems, Ltd., BvL Oberflachentechnik, Cleaning Technologies Group (CTG), Dalian Modern Auxiliary Machinery, DurrEcoclean, Dynamic Robotic Solutions, ELWEMA Automotive, Fives Cinetic Corp, Harry Major Machine, MTM Clean Solutions, Proceco Ltd., SBS Ecoclean Group, Stäubli, Sugino, Tecnofirma, and Valiant.

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The market is mainly driven by increase in adoption of automation for commercial purposes. For instance, there has been increase in demand for disinfection robots post the outbreak of COVID-19. Similarly, owing to its high efficiency and low operating cost, security & inspection and delivery robots are in demand in the commercial market. These factors propel the robotic flexible washer market growth globally.

However, technology is still developing, therefore, the cost of robots is high, which is not affordable for small and medium businesses. In addition, lack of feasibility in operating technology hampers efficiency of robots. These factors restrain the growth of the global robotic flexible washer market.

In addition, the outbreak of COVID-19 has led to halt in logistics and manufacturing activities across the globe, which, in turn, has led to interruption of supply chain, thereby hindering the growth of the robotic flexible washer market. On the other hand, demand for technologies, such as disinfection robots increased significantly in the past couple of years. Furthermore, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of operations of robotics companies at their full-scale capacities, which helped the market to recover by the mid of 2022.

In addition, owing to continuous rise in demand for robotics, the R&D to invent new technologies and introduce efficient robots is continuously growing. In addition, several robotic exhibitions are being held, where developers and innovators of robotics technology participate to acquire funding from market leaders as well as from investors for R&D. Such strategies further boost the growth of the robotic flexible washer market.

The robotic flexible washer industry is segmented into type, application, end-use industry, and region. By type, the market is categorized into standalone and modular. On the basis of application, the market is fragmented into oil stains removal, metal filings removal, and dust removal. By end-use industry, the market is fragmented into auto component manufacturing, heavy machinery and metal working, aerospace & defense, and others. Region wise, the robotic flexible washer market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Energy Efficient Windows Market Set to Reach $29,023.8 Million Forecast by 2027

The Global Energy Efficient Windows Market size is expected to reach $29,023.8 million in 2027, from $15,594.0 million in 2019, growing at a CAGR of 8.1% from 2020 to 2027. In 2019, North America dominated the market, in terms of revenue, accounting for 33.6% share of the global energy efficient windows market.

Top Companies

The major players operating in the energy efficient windows industry include Andersen Corporation, Deceuninck NV, JELD-WEN Inc., Marvin, Masco Corporation, PGT Innovations, Inc., Ply Gem Residential Solutions (Cornerstone Building Brands), REHAU Incorporated, VKR Holdings A/S, and YKK Group.

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Energy efficient windows help in minimizing the use of artificial heating and cooling in a building by providing substantial protection from heat loss and heat gain from the outer atmosphere. These windows consist of three main components, such as glass or the glazing, frame, and other hardware. Each energy efficient window product is certified on the basis of solar heat gain coefficient (SHGC) and U-factor, which qualifies it for the Energy Star Rating by the National Fenestration Rating Council (NFRC) of the U.S. The SHGC factor measures the amount of solar heat entering through the window, whereas, the U-factor measures the insulation capacity of the window. Energy efficient windows are manufactured using high quality vinyl, aluminum, and other material frames, and include double or triple glass attached on this frame with the help of spacers. This design offers complete cutoff of heat gain or heat loss from the windows, which assists in reducing the air conditioning costs of the room. In addition, the increase in awareness regarding environmental sustainability and its benefits, have surged the adoption of energy efficient products globally. The concerns regarding climate change, have led to various technological developments in energy efficient products including energy efficient windows. This majorly drives the growth of the energy efficient windows market industry.

Further, various governments have recognized the energy saving advantages of energy efficient windows in residential buildings. Thus, they provide subsidies and benefits to the customers who choose energy efficient windows during replacement as well as new construction. For instance, under the WISE Home Energy Program in the U.S., the homeowners can get financing up to $15,000 for the installation of energy efficient products including energy efficient windows, which result in at least 20% energy conservation. Such factors thereby, promote the utilization of these products and boost the growth of the energy efficient windows market.

North America accounted for the highest revenue in 2019 compared to other regions due to increased construction and home improvement activities. In Europe, the recognition of energy conservation and environmental sustainability drive the energy efficient windows market growth.

The global energy efficient windows market is segmented into operating type, glazing type, components, end user, and region. By operating type, the market is divided into awning, casement, double hung, fixed, hopper, and sliding. By glazing type, the market is classified into double glazing, triple glazing, and others. By component, it is categorized into frame, glass, and hardware. By end user, it is bifurcated into residential and non-residential.

By region, the energy efficient windows market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Australia, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

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Meat Snacks Market Size, Share, Trends, CAGR, Consumption, Financial Summary 2026

The meat snack business has been enduring significant rate of growth, in terms of value sales due continuous improvisations and innovations in exiting product types by key manufacturers in the global meat snacks market. As a the fastest growing snack food segment, the meat snack market has garnered a wide base of customers specifically seeking for high protein and flavored snacks. Jerky, sticks, bars, and sausages are some of the main product types gaining higher level of traction among target customers. A key trend that is shaping meat snacks category includes gourmet brands that target customers’ desire for different tastes, textures, proteins and natural brands. The millennial generation is driving this snack evolution. Small meals packed with nutrients are a reflection of their food ethos and their on-the-go lifestyle.

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Although plant-derived protein has been making headlines, demand for protein in general is on the rise, including animal-derived proteins. Once considered a particularly North American snack, jerky has gained popularity in Europe as well, after the Jack Link’s brand entered the market in 2014, drawing attention of European snack manufacturers. Innovative new products, such as sausage crisps and traditional meat snacks from other regions, such as South African biltong, have since boosted the meat snacks. Hence rise in demand for jerky in European region is an influential meat snacks market trend.

Over past couple of years, the global meat snacks market has evolved, in terms of its product offerings, which specifically caters to varying needs and requirements of health-conscious customers. For instance, Jack Link’s, one of the key players in the global meat snacks market announced that it would be launching its new line of beef flavored bars for the North America market in the year 2020.

Meat Snacks Market by Product type, Nature, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the meat snacks market size was valued at $7.4 billion in 2018, and is expected to reach $11.3 billion by 2026, registering a CAGR of 5.50% from 2019 to 2026. In 2018, North America accounted for around 22.2% share of the global market.

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Key players operating in the global meat snacks market consider online channel as one of the effective tools in promoting their products and services, due to increase in rate of internet penetration across the globe.

Key players profiled in the global Meat snacks industry include Associated British Foods plc., Conagra Brands Inc., General Mills Inc., Golden Valley Natural, Hormel Foods Corporation, Jack Link’s, Monogram Food Solutions, LLC., Meatsnacks Group, Nestle S.A., Tyson Foods, and others.

Key Findings of the Study:
By product type, the bars segment is expected to register a CAGR of 6.80%.
By nature, the organic segment is expected to witness significant value sales meat snacks market growth
On the basis of distribution channel, the offline segment accounts for a higher value meat snacks market share.
Region wise, North America is estimated to garner a higher value share.

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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 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 domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Industrial Sewing Machines Market Size Worth $3,964.2 Million Forecast by 2027

The Global Industrial Sewing Machines Market size is expected to reach $3,964.2 million in 2027 from $3,163.4 million in 2019, growing at a CAGR of 5.3% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for 50.1% share of the industrial sewing machines market.

Top Companies

The major players operating in the industrial sewing machines industry include Juki Corporation, AMF Reece CR, s.r.o., BERNINA International AG, Brother Industries Ltd., Dürkopp Adler AG, JACK Sewing Machine Co. Ltd., Mitsubishi Electric Corporation, Pegasus Sewing Machine Mfg. Co., Ltd., SEIKO Sewing Machine Co., Ltd., and Yamato Sewing Machine Mfg. Co., Ltd.

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Industrial sewing machines are specially designed for large-scale stitching applications of apparel and non-apparel products. They are utilized for production of apparels such as shirts, t-shirts, and jeans as well as non-apparels, including, bags, parachutes, shoes, tarpaulins, and tents. Industrial sewing machines exhibit highly powerful motors, which enable operation for long hours. Moreover, industrial sewing machines are available in various types depending upon the operations they perform, including, lockstitch, chainstitch, zigzag stitch, and other industrial sewing machines. In addition, they can be categorized on the basis of type of bed on which the fabric is stitched. This includes flat bed, cylinder bed, post bed, and long arm bed.

The COVID-19 pandemic has negatively affected the industrial sewing machines market mainly due to the halt in international trade, prolonged lockdowns, and ceased manufacturing processes. In addition, the major end-user manufacturing companies located in countries such as the U.S., China, Germany, the UK, and others are also facing financial impacts due to halted production, which is likely to hinder the industrial sewing machines market growth during 2020.

The Asia-Pacific is the highest contributor in the industrial sewing machines market. China and Japan hold majority of the share in industrial sewing machine production, owing to high focus on sewing machine technologies. However, the countries such as Vietnam, India, and Bangladesh are likely to exhibit high growth rate during the forecast period. Furthermore, increase in disposable income of the working class in developing nations drives the growth of apparel industry, which, in turn, propels the growth of industrial sewing machines market. In addition, Germany is a major producer of industrial sewing machines, and the automobile industry in Europe is a major end user of industrial sewing machines for sewing of leather car seats and other non-apparel products.

On the basis of the fabric weight, the medium weight segment holds the major market share, as majority of apparel and non-apparel products fall into this category. In addition, the growth in apparel industry is driving the demand for medium and heavy weight industrial sewing machines, thereby contributing toward the growth of the overall market.

The global industrial sewing machines market is segmented into application, bed type, fabric weight, and region. The applications covered in the study include apparels and non-apparels. According to the bed type, the global market is categorized into flat bed, cylinder bed, and post bed sewing machines. By fabric weight, the market is classified into light weight, medium weight, heavy weight, and extra-heavy weight sewing machines.

The global industrial sewing machines market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, Russia, Italy, and rest of Europe), Asia-Pacific (China, Japan, Vietnam, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific held the largest market share during 2019, and is expected to grow at the fastest rate throughout the forecast period, owing to high demand from the developing countries such as Vietnam and Bangladesh for apparel production industry.

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Inverted Pouch Market Size To Reach CAGR of 7.6% Forecast by 2031

According to a new report published by Allied Market Research, titled, “Inverted Pouch Market,” The inverted pouch market size was valued at $10.6 thousand in 2021, and is estimated to reach $22.4 thousand by 2031, growing at a CAGR of 7.6% from 2022 to 2031.Inverted pouch is a flexible product packaging solution, which is easy and flexible. It is used in packed food products like condiments, sauces, and personal care products.

There is a rapidly growing need for ways to provide safe and cost-effective transportation of hazardous foods & beverages and petroleum products, which grows the demand for effective packaging. However, this leads to rise in public awareness of environmental impact of pipeline and their support in reducing packaging related greenhouse gas emissions, which is driving the need for effective packaging solutions that is safer towards environment. Thus, this is driving the demand for inverted pouches made of eco-friendly materials. This boosts the inverted pouch market growth.

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Top Companies –

The key players profiled in the inverted pouch market analysis include, Amcor Plc, APTAR, Cheer Pack, Constantia, Coveris, Glenroy Inc., Goglio SpA, Mattpack Inc., Mondi, Polymer Packaging Inc., Pouches Inc., ProAmpac , Sealed Air, Semco S.A.M., Universal plastics bag co., Viking Masek, and VOLPAK industries.

In addition, population growth has a positive effect on growing demand for various daily products, such as water and milk, and petroleum products such as kerosene, diesel, and gasoline, which are expected to generate inverted pouch market opportunities during the forecast period.

Several manufacturers in the global inverted pouch market stopped their business activities in 2020, owing to lockdowns implemented in developed and developing countries and ban on industrial activities due to the COVID-19 pandemic. This halt in production activities impacted the revenue of the inverted pouch manufacturing companies. In addition, lack of man power and raw materials affected the supply chain of the global market. However, the market is projected to cover from the 1st quarter of 2023, owing to reduced restrictions and reopening of the global inverted pouch industry. Moreover, in 2021, with the availability of vaccine against COVID-19, the global market is expected to gradually witness growth.

Major players are adopting product launch and acquisition as key developmental strategies to improve the product portfolio of the inverted pouch market. For instance, in June 2021, Constantia Flexibles acquired Propak, which is a leading player in the snacks market in Europe. This acquisition aims in improving the packaging solutions portfolio of the company.

The inverted pouch market is segmented into material, capacity, end user, and region. By material type, the market is categorized into polyolefin, metalized aluminum, ethylene vinyl alcohol, and others. On the basis of capacity, the market is fragmented into below 150 ml, 150-500 ml, 500 ml -1 liter, and above 1 liter. The end user segment is fragmented into foods, personal care, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the market in 2021.

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Signals Intelligence (SIGINT) Market | High-End Demand Across Major Geographies From 2021 to 2030

According to the report, the global signals intelligence (SIGINT) market generated $15.5 billion in 2021, and is expected to reach $23.3 billion by 2030, witnessing a CAGR of 4.5% from 2022 to 2030.

The increase in defense budgets of major countries across the globe and the rise in the adoption of advanced and innovative technologies and products drive the growth of the global signals intelligence market. However, budgetary constraints and a lack of skilled personnel restrain the market growth.

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On the other hand, the emergence of solutions that enable air-force management, situational awareness, and extensive collaborative mission planning presents new opportunities.

Based on application, the airborne segment contributed the highest market share in 2021, accounting for more than four-fifths of the global signals intelligence industry. This is attributed to adoption of signal intelligence systems to achieve universal situational awareness, air-force management, and extensive collaborative mission planning. However, the cyber segment is expected to manifest the fastest CAGR of 5.2% from 2022 to 2030, owing to increase in number of cyber-attacks globally.

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Based on type, the electronic intelligence (ELINT) segment held the highest market share in 2021, contributing to more than half of the global signals intelligence market. This is attributed to the utilization of ELINT to gather information regarding radars and operational methods of enemy and ensure national safety and border security.

However, the communications intelligence (COMINT) segment is estimated to witness the largest CAGR of 6.1% from 2022 to 2030, owing to increase in adoption of technologies such as artificial intelligence in electronic warfare, machine learning, and 5G by military departments across the world.

Based on region, North America accounted for the highest market share in terms of revenue in 2021, accounting for nearly one-third of the global signals intelligence market, and is expected to maintain its dominance in terms of revenue by 2030. This is attributed to heavy investments in the defense sector in countries including the U.S. and Canada.

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However, Asia-Pacific is estimated to register the fastest CAGR of 5.0% during the forecast period. This is due to rise in security & border threats from neighboring countries, technological advancements, and rapid economic development in China, India, Russia, and South Korea.

The key players profiled in this report include BAE Systems., Thales Group, Northrop Grumman Corporation., Lockheed Martin Corporation., Raytheon Technologies Corporation, Elbit Systems Ltd., General Dynamics Corporation, Rheinmetall AG, L3Harris Technologies, Inc., and Mercury Systems, Inc.

Covid-19 Scenario

The Covid-19 pandemic led to a significant rise in government surveillance tactics across the world, primarily through the mobile phone applications. This greatly impacted the signal intelligence market.
The R&D activities and production activities of innovative signal intelligence systems were stopped completely or partially during the lockdown. This impacted the overall revenue of the market negatively.

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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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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 of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving 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. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Enterprise Agile Transformation Services Market Share Growing Rapidly with Recent Trends and Outlook By 2026

Rise in need for accelerated product development, surge in need to improve teamwork and communication in enterprises, and growth of the IoT sector have boosted the growth of the global Enterprise Agile Transformation Services Market. Moreover, shift in business needs supplemented the market growth.

However, the frequent failure rates hamper the market growth. On the contrary, increase in adoption of agile services among non-IT industries and emerging applications of agile in growing big data complex landscape are expected to create lucrative opportunities in the near future.

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The scrum segment held the largest share in 2018, contributing to more than half of the global enterprise agile transformation services market, owing to rise in adoption of scrum by various software development companies to increase coordination between teams and improve performance.

However, the Kanban segment is expected to register the fastest CAGR of 22.7% during the forecast period, owing to surge in adoption of Kanban for managing manufacturing of products that focus on rapid delivery along with reducing the burden on the development team.

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The global enterprise agile transformation services market across North America held the lion’s share in 2018, contributing around two-fifths of the market, owing to adopt agile transformation services at a high rate to bring improvements in operational efficiency in IT infrastructure.

However, the market across the Asia-Pacific region is anticipated to manifest the fastest CAGR of 22.1% through 2026, owing to a surge in digitalization in emerging economies such as India and China.

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Key Findings of the Market :

By methodology, the scrum segment led the enterprise agile transformation services market size in terms of revenue in 2018.
By organization size, the large enterprises accounted for the highest market share in 2018.
By region, North America generated the highest revenue in 2018.
Depending on industry vertical, the IT & telecom segment is anticipated to exhibit substantial growth during the forecast period.

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Carbon Footprint Management Market 2031 Analysis by Key Players Focusing on Growth Strategies

As per the report, the global carbon footprint management market was accounted for $9.3 billion in 2021, and is expected to reach $18.2 billion by 2031, growing at a CAGR of 7.0% from 2022 to 2031.

Rise in demand for energy consumption by industries and increase in demand for sustainable energy solution have propelled the global carbon footprint management market. However, high installation and maintenance costs of carbon footprint solution hinder the market.

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On the contrary, surge in trend of advanced technologies such as artificial intelligence, IoT, and big data to reduce carbon emission would unlock new opportunities in the future.

By component, the solution segment held the largest share in 2021, accounting for nearly two-thirds of the global carbon footprint management market, owing to various government sustainability and emission control standards.

However, the service segment is estimated to register the highest CAGR of 8.4% during the forecast period, due to rapidly growing demand for carbon footprint management services.

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By industry vertical, the residential and commercial buildings segment is projected to manifest the highest CAGR of 9.0% from 2022 to 2031, due to growing awareness regarding the negative effects of excess carbon production and fear of climate change.

However, the energy and utilities segment held the largest share in 2021, accounting for more than one-fourth of the global carbon footprint management market, due to heavy carbon dependency for energy production and rise in need to control it.

However, the market across North America dominated in 2021, accounting for nearly two-fifths of the market, owing to high concentration of specialized CFM solutions vendors and supporting government policies present in the region.

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By region, the global carbon footprint management industry across Asia-Pacific is anticipated to showcase the highest CAGR of 8.8% during the forecast period, owing to their high dependency on coal for energy production and global pressure to curb carbon and carbon dioxide emissions.

The key players that operate in the carbon footprint management market forecast are Carbon Footprint Ltd, Dakota Software Corporation, ENGIE, IsoMetrix, IBM, ProcessMAP, General Electric, Salesforce, SAP, and Wolters Kluwer N.V. These players have adopted various strategies to increase their market penetration and strengthen their position in the carbon footprint management industry.

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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 of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.