A Market Place Research – Page 1245

Airsoft Guns Market is Estimated at $4.13 billion by the End of 2031- Report Focusing on Opportunities, Drivers and Challenges

Growth in interest in the adventure sports among the people of different age groups, as it is a key tool for reducing stress from the hectic work life

According to a new report published by Allied Market Research, titled, “Airsoft Guns Market,” The airsoft guns market was valued at $1.89 billion in 2021, and is estimated to reach $4.13 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031.

Airsoft guns are available in three types, Electric Airsoft Gun, Spring Airsoft Gun and Gas Airsoft Guns all this airsoft guns are usually preferred by consumer depending upon choice of mechanism.

Among all the three types of Airsoft guns most of the customers prefer the Spring Airsoft gun, as it is easy to handle and use, as well as is cheaper as compared to the other two Airsoft guns.

Growth in interest in the adventure sports among the people of different age groups, as it is a key tool for reducing stress from the hectic work life. It is expected to be the key factor for the industry growth. Also increasing importance for leisure activities like target shooting and shooting sports in various places which includes entertainment centers and amusement parks ultimately leads to increase demand for airsoft guns among consumer

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In the last few years, there is increase in number of shooting organizations in many developed countries which includes U.S., Germany, UK, France and many other developing countries as well like India have played a crucial role in promoting the use of airsoft gun. Increasing fondness for the real shooting simulation sports attracting lot of people to take part in this sports activity and thus boosting the Airsoft Guns Market Forecast.

Many companies throughout the globe are conducting adventurous airsoft gun fights every month to promote airsoft guns based sports and create awareness among consumers. For example, Ace group conducts airsoft guns based adventurous activities across Europe to promote airsoft guns-based sports and adventures activities. . In addition, various schools and colleges in Europe and North America have adopted such sports activity in their curriculum thus further boosting the market demand.

According to Airsoft Guns Market Analysis the market is segmented into type, mechanism, distribution channel, and region. On the basis of type, the market is classified into handgun, rifle, shotgun, muzzle loading. Among these, Handgun occupied the major share of the market, and is projected to maintain its dominance during the forecast period. The growth of the Handgun segment is attributed due to easy handling of the gun for the beginners and also for the intermediate user.

Depending on mechanism, the market is classified into spring powered, electric powered, and gas powered. Among these, the spring powered occupied the major share of the market in the recent years, and is projected to maintain its dominance during the forecast period. This is attributed to low cost of spring powered as compared to other segments.

As per distribution channel, the market is categorized into supermarkets & hypermarkets, specialty stores, online sales channel. The specialty stores segment is anticipated to grow at the highest CAGR during the forecast period, as the consumer wants to check the product physically and wants to understand the product in detail so that they can purchase the product according to their requirement.

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In 2021, North America accounted for major Airsoft Guns Market Share of 39.8% in the global airsoft guns market and is expected to maintain its dominance during the forecast period. However, North America and Europe are expected to possess the highest CAGRs of 8.2% and 9.0% respectively, owing to rise in adventures spots such as shooting among people and increase in popularity of Airsoft Guns Market Growth in this region.

Owing to COVID-19, decrease has been witnessed in the demand for Airsoft Guns Market Trends. All the sports complex, even school, colleges and offices were closed, due to the COVID-19 guidelines. Also, the supply for the Airsoft gun has been hampered due to trade barriers and travel restrictions.

The major players analyzed for global airsoft guns industry are Valken Sports, Colt’s Manufacturing Company, Crosman Corporation, Lancer Tactical, Tokyo Marui, Kriss USA, G&G Armament Taiwan Ltd., Ballistic Breakthru Gunnery Corporation, A&K Airsoft, ICS Airsoft, Inc. Umarex USA., Cybergun, Angry Gun, APS Airgun Ltd, and Cyma International Limited. These major market players have adopted various strategies such as organizing sports events and providing information on their websites about the product to expand their Airsoft Guns Market Opportunities.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 :- https://www.alliedmarketresearch.com/request-for-customization/17230

Key findings of the study

The global aAirsoft Guns Market Size was valued at $1,894.2 million in 2021, and is projected to reach $4,125.2 million by 2031, registering a CAGR of 8.3$ from 2022 to 2031..
By product, rifle segment is estimated to witness the fastest growth, registering a CAGR of 9.6% during the forecast period.
In 2021, by mechanism, the Spring Powered segment held the highest share, accounts for 49.6% of the global airsoft gun market share.
In 2021, U.S. was the most prominent market in the North America region and is expected to grow at a significant CAGR of 8.0% throughout the forecast period 2022-2031.
Asia Pacific and Latin America airsoft guns market is growing highest CAGR of 8.4% and 7.0% respectively.

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Switzerland ERP Market Scenario Highlighting Major Drivers & Growth Forecast – 2030

Increase in need for operational efficiency & transparency in business processes, rise in adoption of cloud & mobile applications during COVID-19 pandemic, and upsurge in demand for data-driven decision-making solutions fuel the Switzerland ERP Market. On the other hand, higher investment and maintenance costs restrain the growth to some extent. However, high-end technological advancements in ERP are projected to create lucrative opportunities in the industry.

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The Switzerland ERP market is analyzed across components, deployment model, business function, industry vertical, and end-user. Based on components, the software segment contributed to around three-fifths of the total market share in 2020 and is anticipated to lead the trail by the end of 2030. The services segment, on the other hand, would cite the fastest CAGR of 11.9% during the forecast period.

Based on deployment, the on-premise segment accounted for nearly three-fifths of the total market revenue in 2020 and is expected to dominate by 2030. The cloud segment, however, would cite the fastest CAGR of 13.1% throughout the forecast period.

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Based on end-user, the large-enterprise segment held around three-fifths of the total market share in 2020 and is projected to maintain the lion’s share by 2030. The medium enterprise segment, at the same time, would exhibit the fastest CAGR of 12.2% from 2021 to 2030.

The key market players analyzed in the Switzerland ERP industry report include Infor, Microsoft Corporation, Oracle corporation, Protiviti Inc., SAP SE, IFS AB, Workday Inc., and SYSPRO. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

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COVID-19 scenario-

An increase in demand for cloud-based ERP software among several business verticals impacted the Switzerland ERP market positively.
The fact that ERP software solutions played a vital role in keeping the entire business processes efficiently operating through various features such as remote access, digital data exchange, and automated reporting has boosted the market in more than one way.

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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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ERP Market

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Blockchain Identity Management Market -Latest Advancements and Demand Analysis by 2026 | By Growth, Share

Increased need to ensure quality, reliability, authenticity,& product safety, transaction transparency, and investment by retail industries in blockchain-based solutions augment the growth of the global blockchain identity management market.

However, the lack of skilled experts restrains the transition to some extent. Moreover, the rapidly changing retail sector and international trade are anticipated to pave the way for multiple opportunities for the key players in the market.

As per the report published by Allied Market Research, the global blockchain identity management market was pegged at $107 million in 2018 and is anticipated to reach $11.46 billion by 2026, registering a CAGR of 79.2% during the study period. The report offers a detailed analysis of value chain, market dynamics, top winning strategies, key segments, business performance, and competitive landscape.

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The global blockchain identity management market is segmented on the basis of service providers, organization size, industry vertical, and region. Based on service provider, the market is classified into application provider, middleware provider, and infrastructure provider.

The infrastructure provider segment contributed to the largest market share, accounting for more than half of the global blockchain identity management market share in 2018, and is projected to dominate throughout the study period. On the other hand, the application provider segment would showcase the fastest CAGR of 84.8% by the end of 2026.

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Based on organization size, the market is bifurcated into large enterprises and small & medium enterprises. The large enterprises segment contributed for more than four-fifths of the global blockchain identity management market revenue in 2018, and is anticipated to rule the roost during the estimated period. Contrarily, the small & medium enterprises segment would grow at the fastest CAGR of 85.7% throughout the forecast period.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The region across North America held the largest share in 2018, generating nearly half of the global blockchain identity management market. On the other hand, the region across Asia-Pacific, would cite the fastest CAGR of 89.7% by 2026.

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The key blockchain identity management industry players profiled in the report include Auxesis Services & Technologies (P) Ltd., Cognizant, Infosys Limited, International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corporation, SAP SE, and Tata Consultancy Services Limited, Bitfury Group Limited, and Amazon Web Services, Inc. (AWS).

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Blockchain in Retail Market

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Warehouse Management System Market | Growing Rapidly with Recent Trends and Outlook By 2030

Advancements in industrial-grade digital technology, growth of e-commerce, and growing demand for improved supply chain and customer relationship management drive the growth of the warehouse management system market.

However, costly deployment of WMS solutions, lack of process standardization in distribution and insufficient knowledge of WMS among small-scale industries hinder the market growth. Moreover, suppliers’ need for obtaining greater efficiency and productivity offers a lucrative opportunity for the growth of the WMS market.

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The global warehouse management system market is analyzed across various segments such as deployment model, component type, user type, industry vertical and region.

Based on the deployment model, the on-premise segment grabbed the major share in 2020, garnering nearly three-fifths of the global warehouse management systems industry, and is likely to lead the trail through 2030. However, the cloud-based segment is expected to grow at the fastest CAGR of 18.7% through the forecast period.

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Based on component type, the software segment held the major share of more than three-fifths of the global market in 2020 and is likely to hold its lead status through the forecast period. However, the services segment is expected to exhibit the fastest CAGR of 18.7% in 2030.

By region, North America held more than two-fifths of the market share in 2020 and is predicted to maintain its dominance through 2030. The Asia-Pacific region, on the other hand, would grow at the fastest CAGR of 20.7% through 2030.

The key market players analyzed in the report include HighJump Software Inc. (Korber), IBM Corporation, Infor Inc., Jda Software Group, Inc. (Blue Yonder Group, Inc.), Manhattan Associates, Inc., Oracle Corporation, PSI Logistic, SAP SE, Softeon, Inc., and Tecsys, Inc.

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COVID-19 Scenario-

The COVID-19 outbreak created a significant turmoil in most industries globally. While few companies faced a reduction in business operations, others faced severe outcomes such as shutdown of businesses.
However, the pandemic positively impacted the growth of the warehouse management system market as the implementation of measures such as lockdowns and social distancing led consumers to opt for online purchasing, thus raising the demand for warehousing and WMS technologies.

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Corporate Training Market – Bizlibrary, GP Strategies Corporation, Franklin Covey Co., City & Guilds Group

According to a new report published by Allied Market Research, titled, “Corporate Training Market,” Corporate Training Market Size was valued at $332.9 billion in 2019, and is estimated to reach $487.3 billion by 2030, growing at a CAGR of 8% from 2021 to 2030.

Top Key Players:

Bizlibrary, GP Strategies Corporation, Franklin Covey Co., City & Guilds Group, D2L Corporation, Cornerstone Ondemand Inc., Wilson Learning Worldwide Inc., Allen Communications Learning Services, Simplilearn Solutions, and Skill Soft

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Corporate training is a method to improve the skill sets including work performance, productivity, efficiency, and others of an employee. There are different training methods offered for the development of corporate employees, which include virtual and face-to-face training method. It helps employees to enhance their skill sets such as communications, negotiation skills, leadership skills, technical skills, and others. Use of gamification, micro-learning and wearable devices are some of the major trends in the corporate training market.

The effects of the COVID-19 pandemic have been observed across all sectors of all industries. The economic landscape has changed dynamically due to the crisis, and a change in requirements and trends has also been observed. The outbreak of coronavirus has negatively impacted the corporate training market. Due to the impacts of the COVID-19 pandemic, corporate training industry witnessed a 40% contraction in the global training market in 2020, however the market is anticipated to rebound in 2021 with a 22% growth.

As per the the global corporate training market analysis, the corporate training market segments is categorized on the basis of training method, training program, industry, and region. By training method, the corporate training market is classified into virtual and face-to-face. By training program, it is divided into technical training, soft skills training, quality training, compliance training and others.

By industry, it is segmented into FMCG/retail, pharmaceutical and healthcare, financial services, professional services, public enterprises, information technology, and other industries. Region-wise, the corporate training market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

As per the corporate training market trends, the virtual segment is expected to witness a significant growth during the corporate training market forecast period, owing to benefits associated with the virtual training method, which includes decreasing the training cost by mitigating the trainees’ travel & lodging expenses, provides flexibility for training schedule, enhances the motivation of trainees and others.

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The soft skill segment is expected to witness a significant growth during the forecast period. This is attributable to the fact that employers tend to favor employees with soft skills as these skills are transferrable to any position and help in creating collaborative, productive, and healthy work environment, and all-important attributes for organizations. This is making it popular among the corporates, which in turn is contributing to the growth of the corporate training market.

Furthermore, by industry, the FMCG/retail segment is anticipated to be the fastest-growing segment, in terms of value sales, during the corporate training market forecast period, owing to rise in corporate investments in the staff and employee training in the retail sector to improve sales and achieve customer satisfaction.

Soft skills training is an essential part of both ITES and BPO Training. The BPO industry needs a lot of skilled and trained employees so that it can provide quality services, as it provides them with the skills to solve the problems of the customers or at least are trained in the art of solving problems. Thus, increase in the adoption of training in this sector, in turn is boosting the corporate training market growth.

Major Findings of the Study:

By training method, the face-to-face segment accounted for the highest corporate training market share in 2019, growing at a CAGR of 13.9% from 2021 to 2030.
By training program, the technical training segment accounted for the highest market share in 2019, growing at a CAGR of 6.9% from 2021 to 2030.
By industry, the pharmaceutical and healthcare segment accounted for the highest market share in 2019, growing at a CAGR of 6.6% from 2021 to 2030.
By region, North America occupied maximum share in the corporate training market in 2019 and is expected to grow at a CAGR of 7.0% from 2021 to 2030.

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Packaged Coconut Water Market Size to Reach USD 3.9 Billion by 2031; Industry Compound Annual Growth Rate of 20.5%

Increase in demand for transparency in the payment system and surge in flow of remittance from foreign countries have boosted the growth of the global cryptocurrency market.

As per the report, the global packaged coconut water industry generated $690 million in 2021 and is estimated to reach $3.9 billion by 2031, growing at a CAGR of 20.5% from 2021 to 2031.

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Major determinants of the market growth

Rise in demand for natural sports drinks, surge in use of coconut-based products in food and beverage applications along with development of the retail industry have boosted the growth of the global packaged coconut water market. However, decline in coconut production hinders the market growth. On the contrary, development in taste and flavor of coconut products would open new opportunities in the future.

Key Players in the Industry

Amy & Brian Naturals
BlueRidge
C2O Coconut Water
Celebs Coconut Corporation
CocoCoast
Elegance Brands, Inc.
GraceKennedy Group
Harmless Harvest
Mojo Organics Inc.
Naked Juice
NewAge Inc.
PepsiCo.
Taste Niravana International Inc.
The Coco-Cola Company
Wai Koko Coconut Water

Covid-19 outbreak:

The demand for coconut water increased during the pandemic as it helps in beating dehydration and improving overall health.
However, the closure of manufacturing facilities and disruption of supply chain hampered the market.

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The mix coconut water segment to showcase the highest CAGR through 2031

Based on type, the mix coconut water segment is expected to register the highest CAGR of 21.3% during the forecast period, due to rise in consumption of flavored coconut waters with meals and as substitutes for soft drinks and sugary drinks. However, the pure coconut water segment held the largest share in 2021, accounting for more than three-fifths of the global packaged coconut water market share in 2021. Pure coconut water use is progressively rising in North America and Europe as people become more health-conscious and look for healthier products, which fuels the growth of the segment.

The conventional segment to register the highest CAGR by 2030

Based on nature, the conventional segment is projected to manifest the highest CAGR of 20.9% during the forecast period. In addition, the segment dominated in terms of revenue in 2021, accounting for more than half of the global packaged coconut water market share in 2021, due to rise in awareness regarding benefits of using organic methods of fruit production.

The tetra packs segment held the largest share

Based on packaging, the tetra packs segment held the lion’s share in 2021, accounting for more than three-fifths of the global packaged coconut water market, due to focus on increasing shelf life and reducing loss of aroma. However, the cans segment is estimated to showcase the highest CAGR of 22.0% during the forecast period, owing to focus on high-quality products, changes in consumer lifestyles, and rise in disposable income.

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Asia-Pacific held the largest share

Based on region, Asia-Pacific held the highest share in 2021, contributing to more than half of the global packaged coconut water market, owing to rise in demand from the food and beverage industries. However, the market across North America segment would register the fastest CAGR of 21.4% from 2022 to 2031, due to highly developed distribution channels and adoption of healthier lifestyles on a larger scale.

About Us

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.

Transaction Monitoring Software Market Growth Statistics & Future Prospects by 2026

Digitization of payment transactions, increase in need for mitigating money laundering and managing KYC compliance and CTF activities, growing identification of high-risk activities through advance analytics, and high demand for organizations to comply with stringent regulatory agreements drive the growth of the global transaction monitoring software market.

On the other hand, lack of transaction monitoring and AML professionals, and difficulties in managing cross-border, as well as multi-jurisdictional AML-compliance, impede the growth to some extent. Nevertheless, integration of advance technology, and rise in the deployment of transaction monitoring system by SME’s are expected to create a number of opportunities in the near future.

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The key market players analyzed in the global transaction monitoring software market report include ACI Worldwide Inc., BAE Systems, Fair Isaac Corporation, Fiserv Inc., FIS, Nice Ltd., Oracle Corporation, SAS Institute, Software AG, and Thomson Reuters Corporation. These market players have taken recourse to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their stand in the industry.

According to the report, the global transaction monitoring software market was estimated at $7.95 billion in 2018 and is expected to hit $25.41 billion by 2026, registering a CAGR of 15.70% from 2019 to 2026.

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Based on component, the solution segment contributed to nearly three-fourths of the global transaction monitoring software market share in 2018, and is expected to dominate throughout the forecast period. Increase in adoption of this software by several bank and financial institutions, and stringent government regulations for data security are expected to drive the growth of the segment. The service segment, on the other hand, is projected to register the fastest CAGR of 15.70% during 2019–2026. This is due to surge in the adoption of different services in various organizations.

Based on deployment model, the on-premise segment accounted for nearly three-fifths of the global transaction monitoring software market revenue in 2018, and is projected to retain its dominance by the end of the year 2026. Enhanced security features provided by on-premise model drive the growth of the segment. At the same time, the cloud-based segment would register the fastest CAGR of 17.40% throughout the study period. It’s remotely accessible from anywhere around the world which, in turn, boosts the growth of the segment.

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Based on geography, North America held the largest share in 2018, generating nearly two-fifths of the global transaction monitoring software market. This is because North American countries are expected to adopt transaction monitoring software at a high rate to bring great improvements in operational efficiency in IT infrastructure. Simultaneously, the Asia-Pacific region would cite the fastest CAGR of 17.50% by 2026. This is due to rise in digitalization in emerging economies such as China and India.

Covid-19 scenario-

The outbreak of the pandemic led to adoption of remote working across the world. This, in turn, increased the demand for transaction monitoring software by different organizations, as it efficiently and effectively manages several types of transactions of customers.
Also, it helps in monitoring high-risk activities in business enterprises, which has been highly beneficial to the remote working culture.

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About Us:

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.

Security Information and Event Management Market Expected to Grow at High CAGR and Forecast to 2030 | Top Business Insights

According to the report published by Allied Market Research, the global security information and event management market generated $3.92 billion in 2020, and is estimated to generate $18.12 billion by 2030, witnessing a CAGR of 16.4% from 2021 to 2030.

Rise in concerns over IT security, the persistent threat of cybercrimes, supportive IT governance, growth in adoption of BYOD trend, and regulatory compliance, boost the growth of the global security information and event management industry.

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However, high costs and fear of privacy intrusion impede the security information and event management market growth. On the other hand, with innovation and more refined understanding, the demand for such solutions is expected to increase during the forecast period.

Based on components, the solution segment held the highest market share in 2020, accounting for more than three-fifths of the total share, and is projected to maintain its leadership status during the forecast period. However, the services segment is estimated to grow at the fastest CAGR of 17.26% from 2021 to 2030.

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Based on deployment mode, the on-premise segment accounted for the largest share in 2020, contributing to nearly three-fifths of the global security information and event management market, and is expected to maintain its lead position during the forecast period. However, the cloud segment is projected to portray the highest CAGR of 17.32% from 2021 to 2030.

Based on region, North America contributed to the highest share in 2020, accounting for more than two-fifths of the total share, and is expected to continue its dominant share in terms of revenue by 2030. However, Asia-Pacific is projected to manifest the largest CAGR of 17.83% during the forecast period. The report also includes an analysis of Europe and LAMEA segments.

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Leading players of the global security information and event management industry discussed in the research include Hewlett Packard Enterprise Development LP, LogRhythm, Inc., SolarWinds, Inc., Symantec Corporation, Dell EMC, IBM Corporation, McAfee LLC., Splunk, Inc., Trend Micro, Inc., and Trustwave Holdings Inc.

Covid-19 Scenario:

The adoption of security information and event management (SIEM) was affected positively due to the imposed lockdown by governments of several countries. Increase security concerns in industries such as BFSI, IT, government, and others improved the demand for security information and event management market
To perform contactless operations in the post-COVID-19 period, enterprises would rely on modern technologies such as BYOD, machine learning (ML), artificial intelligence (AI), internet of things (IoT), and cloud computing across industries. This is projected to increase demand for SIEM in the market.

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Liquid Synthetic Rubber Market To Develop Strongly And Cross USD 28.8 Billion By 2027

Increase in tyre production worldwide and rise in usage across the adhesive industry drive the global liquid synthetic rubber market. However, variations in prices of raw materials hinder the market growth. On the other hand, rise in penetration in industrial rubber manufacturing create new opportunities in the coming years.

A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.

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The global liquid synthetic rubber market garnered $20.3 billion in 2019, and is estimated to reach $28.8 billion by 2027, witnessing a CAGR of 4.5% from 2020 to 2027.

The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.

Asia-Pacific held the largest share in terms of revenue, contributing to nearly three-fifths of the total market share in 2019, and is estimated to maintain its highest contribution by 2027. Moreover, this segment is expected to portray the highest CAGR of 4.8% during the forecast period. The report also analyzes regions including North America, Europe, and LAMEA.

The Liquid synthetic rubber market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.

The liquid styrene butadiene rubber segment contributed to the highest share in 2019, accounting for more than two-fifths of the total share, and is estimated to maintain its leadership status during the forecast period. However, the liquid isoprene rubber segment is expected to manifest the highest CAGR of 6.3% from 2020 to 2027.

Liquid Synthetic Rubber Companies Covered Market:- Evonik Industries, Synthomer PLC, H.B. Fuller, Kuraray Co., Ltd., Asahi Kasei Corporation, Saudi Aramco, Efremov Synthetic Rubber, Sibur International GmbH, Nippon Soda Co., Ltd and Other.

Analysis of COVID-19 impact

The outbreak of the pandemic has had a massive impact on the majority of industries and the Liquid synthetic rubber market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Liquid synthetic rubber market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.

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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.

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Hemp Tea Market Size To Hit $392.8 Million By 2031 | Allied Market Research

The “Hemp Tea“ offers a range of benefits owing to its anti-inflammatory, anti-stress, anti-anxiety, and anti-depressive properties, which is why it is growing in popularity. Owing to these benefits hemp tea has calming effects. For instance, its antioxidant capabilities help to lessen the negative effects that stress has on the body and mind. The hemp tea market was valued at $56.2 million in 2021, and is estimated to reach $392.8 million by 2031, growing at a CAGR of 22.1% from 2022 to 2031.

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Leading Key Players:

ItsHemp

Willie’s Remedy

Clipper Teas

Buddha Teas

Traditional Medicinals

The Tea Can Company

Cannabiniers

Colorado Harvest Company

Charlotte’s Web

Green Roads

Segmentation:

The global hemp tea market share is segmented based on distribution channel and region. By distribution channel, it is classified into online/direct-to-consumer, convenience stores, others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Hemp cultivation is becoming legalized in many parts of the world, manufacturers and research institutions are being motivated to create new products based on industrial hemp raw material. By meeting the rising customer demand for fresh flavors and locally sourced beverages, the top market players stand to gain significantly from the chance to diversify their product offerings and launch new hemp tea variants. In order to assist market expansion, major companies are working to establish methods including product creation, merger and acquisition, partnerships, and collaborations.

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About Us

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.

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 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.

Contact:

David Correa

5933 NE Win Sivers Drive

#205, Portland, OR 97220

United States

USA/Canada (Toll Free):

+1-800-792-5285, +1-503-894-6022

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975

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