A Market Place Research – Page 1261

Stents Market Size to Grow Nearly $19.76 billion by 2030 with a CAGR of 5.6% Exclusive Report by Allied Market Research

What is a stent used for

A stent is a small mesh tube typically used to hold open passages in the body, such as weak or narrowed arteries. Stents are often used to treat narrowed coronary arteries that provide the heart with oxygen-rich blood.

Surge in prevalence of heart diseases, increase in demand for angioplasty, and rise in the number of approvals for stents drive the growth of the global stents market. However, high cost of procedures associated with stents hinders the market growth. On the other hand, rise in R&D activities and advancements in technology present new opportunities in the coming years.

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Covid-19 Scenario

Manufacturing activities of stents were impacted due to lockdown measures implemented during the Covid-19 pandemic by various governments. Many challenges such as shortage of raw materials, disruptions in the supply chain, and others occurred.
During the pandemic, the demand for stents from hospitals decreased considerably. This is due to the postponement of non-essential surgical procedures to avoid cross-contamination and shift in resources to treat patients infected with Covid-19.

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Based on product, the coronary stents segment accounted for the highest share in 2020, contributing to more than half of the global stents market, and is estimated to maintain its lead position during the forecast period. Moreover, this segment is expected to manifest the highest CAGR of 6.2% from 2021 to 2030. This is due to advancements in technology, rise in prevalence of coronary artery disease, and surge in adoption of drug eluting stents. The research also analyzes the segments including peripheral stents and stents-related implant.

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Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
Blanket coverage on competitive landscape
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Leading market players

Abbott Laboratories
B. Braun Melsungen AG
Biotronik SE & CO. KG.
Boston Scientific Corporation
Becton, Dickinson and Company
Elixir Medical Corporation
Medtronic Plc.
Microport Scientific Corporation
Reva Medical, Inc.

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.

Flower Pots and Planters Market Revenue to be at $1.5 Billion by 2030 – Kone Crafts, Planters Unlimited, HC Companies.

According to a new report published by Allied Market Research, titled, “Flower Pots and Planters Market,” The flower pots and planters market was valued at $978.70 million in 2020, and is estimated to reach $1.5 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030.

By country, the U.S. was the most prominent market in the flower pots and planters market in 2020, and is projected to reach $387.9 million by 2030, growing at a CAGR of 3.0% during the forecast period.

Flower pots and planters are containers in which flowers and other plants are cultivated and displayed. They are majorly used to enhance the aesthetic apprentice of bedroom, garden, and front space of home.

Global Leaders:

Ado Urban Furniture, Amop Synergies, Ashley Furniture Industries, Atech, CROWD, Elho B.V., Inter IKEA Systems B.V., Kone Crafts, Planters Unlimited, and the HC Companies.

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The exponentially growing residential sector and surging demand for home yard gardens act as the prominent drivers of the global flower pots and planter market. In addition, rise in need for air freshness at home, lack of proper waste management in households, and uncertainty of environmental conditions are encouraging consumers to deploy flower pots in or outside their rooms to maintain freshness in their surroundings.

The burgeoning expansion of the horticulture & nursery industry is further supporting the growth of the flower pots and planter market. Moreover, increase in popularity of vertical gardens across developed and developing nations is expected to fuel the demand for flower pots and planters. Moreover, space limitations at home, alarming rise in level of air pollution in urban cities, and cramped environment conditions are the major factors that are encouraging the adoption of vertical gardens at household and commercial spaces. Furthermore, various physiological, aesthetic, environmental, and economical benefits associated with vertical garden are expected to foster the growth of the global flower pots and planter market growth in the forthcoming years.

Rise in private real consumption expenditure on various home décor and home textile products is expected to further propel the market growth. In addition, surge in adoption of houseplants in vertical garden settings is propels the growth of the flower pots and planter market, globally. However, increase in cost of raw materials, including ceramic and metal hampers the market growth. In addition, implementation of stringent regulations on production and import of raw materials such as wood and plastic resulted in scarce supply of high-quality wood and cost-effective plastic, thereby limiting the adoption of flower pots and planters.

The global flower pots and planter market is segmented into product type, end user, distribution channel, and region. Depending on product type, the market is segregated into plastic, metal, ceramic, stone, wood, and others. On the basis of end user, it is fragmented into households and commercial. Depending on distribution channel, it is categorized into retail distribution and e-commerce. Region wise, the flower pots and planter market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, UK, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Depending on product type, the metal segment is projected to grow at the fastest CAGR of 5.5% during the forecast period.

This is attributed to weather resistance, elegance, durability, and aesthetic appeal associated with metal flower pots and planters, which are expected to boost their demand among premium customers. Moreover, surge in demand for metal flower pots and planters from hotel, hospitals, and commercial building is supplementing the flower pots and planters market growth.

According to flower pots and planters market analysis, on the basis of end user, the households segment dominated the market, garnering about 61.9% of the market share in 2020. This is attributed to increase in demand for flower pots and planters among the hobbyist gardeners in the developed markets such as North America and Europe.

By distribution channel, the e-commerce segment was the significant contributor to the market, with $229.1 million in 2020, and is estimated to reach $387.3 million by 2030, at a CAGR of 5.1% during the forecast period. This is attributed to increased adoption of online shopping platforms among the millennial population and availability of home décor products, including flower pots and planters on e-commerce platforms.

Region wise, Europe has been gaining considerable share in global flower pots and planter market, and is expected to sustain its share throughout flower pots and planters market forecast period. According to the CBI Ministry of Foreign Affairs, in 2020, an annual growth of about 1–3% was recorded in the real private consumption expenditure in Europe. Moreover, around 27 million people in the UK are involved in gardening. As per the data provided by the Center for the Promotion of Imports from developing countries (CBI), Germany has around 45 million active hobby gardeners, whereas as France has around 17 million gardeners who actively participate in gardening. Thus, flower pots and planters witness significant demand in developed countries, owing to the presence of huge number of hobby gardeners and increased consumer expenditure on home decoration products.

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Key findings of the study

The flower pots and planters market size was valued at $978.7 million in 2020, and is estimated to reach $1,528.2 million by 2030, registering a CAGR of 4.3% from 2021 to 2030.
In 2020, by product type, the metal segment is estimated to witness the significant growth, registering a CAGR of 5.5% during the forecast period.
In 2020, depending on end user, the commercial segment was valued at $372.4 million, accounting for 38.1% of the global flower pots and planters market share.
In 2020, by distribution channel, the e-commerce segment is estimated to witness significant growth, registering a CAGR of 5.1% during the forecast period.

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How Orthopedic Implants Market can boost Healthcare Industry?

According to the report published by Allied Market Research, The global Orthopedic Implants Market Size was valued at USD 45.05 billion in 2020 and is expected to Garner USD 68.80 billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030.

The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

Surge in prevalence of orthopedic diseases, advancements in the sector of orthopedic implants, and rise in adoption worldwide drive the growth of the global orthopedic implants market. However, high costs associated with orthopedic implant procedures and stringent government approval processes hinder the market growth. On the other hand, untapped potential in emerging countries create new opportunities in the coming years.

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Top Orthopedic Implants Companies:-

Johnson & Johnson (DePuy Synthes)
Stryker Corporation
Zimmer Biomet Holdings, Inc.
NuVasive, Inc.
Medtronic Plc
CONMED Corporation
Smith and Nephew Plc.
DJO Finance LLC
Arthrex, Inc.
Globus Medical Inc.

Global Orthopedic Implants Market Segmentation: –

Based on type, the knee segment contributed to the highest share in 2020, accounting for nearly one-fourth of the total share of the global orthopedic implants market, and is expected to continue its dominant share during the forecast period. However, the spine segment is estimated to manifest the highest CAGR of 6.3% from 2021 to 2030.

Based on product, the reconstructive joint replacements segment accounted for the largest share in 2020, holding more than one-third of the total share, and is projected to maintain its lead position during the forecast period. However, the orthobiologics segment is expected to witness the largest CAGR of 6.7% from 2021 to 2030.

By Region Outlook

North America

U.S.
Canada
Mexico

Europe

UK
Germany
France
Italy
Russia
Rest of Europe

Asia-Pacific

China
Japan
India
Australia
Rest of Asia-Pacific

LAMEA

Brazil
UAE
Turkey
Saudi Arabia
Rest of LAMEA

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This comprehensive report will provide:

Enhance your strategic decision making
Assist with your research, presentations and business plans
Show which emerging market opportunities to focus on
Increase your industry knowledge
Strengthen your analysis of competitors
Provide risk analysis, helping you avoid the pitfalls other companies could make
Keep you up-to-date with crucial market developments
Allow you to develop informed growth strategies
Build your technical insight
Illustrate trends to exploit
Ultimately, help you to maximize profitability for your company.

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 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.

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Reinsurance Market: Helps insurance companies acquire more clients

The global reinsurance market was valued at $498.7 billion in 2021, and is projected to reach $1344.3 billion by 2031, growing at a CAGR of 10.8% from 2022 to 2031. According to Allied’s report, the market is driven by recent technological advancements and the rapid launch of new products. The report covers an in-depth study of the latest market trends, major driving factors, top market players, and top investment pockets. A report is an essential tool for new market entrants, stakeholders, and shareholders to make informed decisions about their investments. The study involves an overview of the top market players along with a SWOT analysis of various industry players and Porter’s Five analysis to understand their market position. In addition, the study offers financial analysis, portfolio analysis, and business overview of the organizations that help stakeholders understand the long-term profitability of the industry. The report involves the latest market developments such as expansions, partnerships, new product launches, and mergers & acquisitions. Moreover, the study includes a detailed analysis of market dynamics such as drivers, restraints, challenges, and opportunities.

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The Reinsurance market report offers an in-depth study of drivers, restraints, challenges, and opportunities. Thorough information about major drivers of the market helps to understand market dynamics and how they can affect market growth. Furthermore, the restrains and challenges are covered in the report which is essential for market players for investments. The rapid advancements in technologies and rise in demand are major factors that are expected to unlock new opportunities in the future. The market is projected to witness significant growth during the forecast period.

Along with this, the Reinsurance report includes several tools that establish market growth. The SWOT analysis offers a comprehensive understanding of the major determinants of market growth, which is vital for understanding the upcoming opportunities. In addition, the report includes a Pestel analysis that offers industry-related data and information in tabular format which is vital to understand the positive and negative qualities that can impact the global Reinsurance market. Moreover, the study includes Porter’s Five analysis to focus on those factors that can benefit the company in the long run.

The Reinsurance market report provides a detailed analysis of the segmentation of the market. The market is segmented on the basis of coverage, type, demographic and end user. The study covers the analysis of sales, growth rate, revenue, and market shares of each segment during both the historic period and forecast period.

The Covid-19 pandemic had a major impact on the global Reinsurance market. The prolonged lockdown across European and Asian countries and restriction on international travel disrupted the supply chain and revenue chain. This negatively affected the market.

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Reinsurance Market Report Highlights

By Type

Facultative Reinsurance
Treaty Reinsurance
- Treaty Reinsurance
  - Proportional Reinsurance
  - Non-proportional Reinsurance
Property & Casualty Reinsurance

Application

Life & Health Reinsurance
- Life & Health Reinsurance
  - Disease Insurance
  - Medical Insurance

Distribution Channel

Direct Writing
Broker

Mode

Online
Offline

By Region

North America (U.S., Canada)
Europe (Netherlands, Rest of Europe, UK, Germany, France, Italy, Spain)
Asia-Pacific (China, Japan, India, Australia, South Korea, Singapore, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)

The Reinsurance market report covers an analysis of the major market players in the market. The study includes sales, revenue analysis, and production of these companies. The prime market players are AXA XL, Barents Re Reinsurance Company, Inc., Berkshire Hathaway Inc., BMS Group, China Reinsurance (Group) Corporation, Everest Re Group, Ltd., Hannover Re, Lloyd’s, MAPFRE, Markel Corporation, Munich RE, RGA Reinsurance Company, Swiss Re, The Canada Life Assurance Company, Tokio Marine HCC, SCOR, Next Insurance, Inc..

KEY BENEFITS FOR STAKEHOLDERS

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the reinsurance market forecast from 2021 to 2031 to identify prevailing reinsurance market opportunity.
In addition to the market research, important drivers, restraints, and opportunities are covered as well.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the reinsurance market segmentation assists in determining the prevailing market opportunities.
According to their contribution to global market revenue, the major countries in each region are mapped.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global reinsurance market trends, key players, market segments, application areas, and market growth strategies.

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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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Weather Forecasting Services Market Scenario Highlighting Major Drivers & Growth Forecast by 2030

Increase in safety concerns among end-use industries and growth of aviation & shipping industries drive the global Weather Forecasting Services Market. However, complications regarding weather forecasting models and dearth of skilled workforce hinder the market growth. On the contrary, technological advancements in computing systems would open new opportunities in the future.

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By forecasting type, the medium range forecasting segment is estimated to register the highest CAGR of 13.5% during the forecast period, owing to surge in demand to deliver quantitative accurate forecast for parameters including cloud, humidity, rainfall, wind, and temperature. However, the short range forecasting segment dominated the market in terms of revenue, contributing to nearly half of the global weather forecasting services market in 2020, due to rapid industrialization and growth in air & sea transport.

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By end use industry, the energy and utilities segment held the largest share in 2020, contributing to more than one-fourth of the global weather forecasting services industry, as uncertainty of weather events increases the risks for offshore operations. However, the transportation segment is estimated to register the highest CAGR of 16.6% during the forecast period, owing to impact on operational safety and productivity of the industry by security of transport systems.

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By region, the market across North America held the largest share in 2020, accounting for more than one-third of the global weather forecasting services market, due to presence of prominent players in the region. However, the market across Asia-Pacific region is projected to portray the highest CAGR of 13.4% during the forecast period, due to GDP growth and adoption of advanced technical models by prominent market players.

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Covid-19 scenario:

The demand for weather forecasting services declined during the Covid-19 pandemic, due to adoption of work from home across the globe.
Several government organizations, and NGOs adopted weather forecasting services for improving losses suffered due to natural disaster and pandemic.

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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.

Similar Report:

Road Weather Information System Market

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Application Container Market Growth Opportunities and Future Scope, 2018–2025

Surge in popularity of application container technology over virtual machines and rise in adoption of cloud based computing system in organizations drive the growth of the global Application Container Market. By deployment model, the on-premise segment held the largest share in 2016. By geography, North America was the dominant share holder in the year.

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The market is segmented on the basis of the deployment model, organization size, industry vertical, and region. Based on the deployment model, the market is bifurcated into on-premise and cloud-based. Based on organization size, the report further divides the market into SMEs and large enterprises. Based on industry vertical, the market is categorized into IT & telecom, government, healthcare, BFSI, retail, and education. Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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North America appeared to be the major shareholder in 2016, and would maintain its top status from 2018 to 2025.The key market players analyzed in the global application container market report include CA Technologies, Red Hat, Inc., Mesosphere, Inc., Google, Inc., Docker Inc., IBM Corporation, Joyent, Inc., Microsoft Corporation, Rancher Labs, Inc., and Amazon Web Services, Inc. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to corroborate their stand in the industry.

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Key Findings of the Application Container Market:

By organization size, the small & medium-sized enterprises segment is expected to exhibit significant growth in the global application container market during the forecast period.
In 2016, North America accounted for the highest revenue among the other regions.
Based on industry vertical, the telecom & IT segment generated the highest revenue in 2016.
By deployment model, cloud segment is anticipated to exhibit substantial growth during the forecast period.

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Similar Report:

Container and kubernetes Security Market

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Route Optimization Software Market Value to Cross USD 16.3 Billion by 2030

As per the report, the global route optimization software market was pegged at $4.32 billion in 2020, and is estimated to generate $16.25 billion by 2030, growing at a CAGR of 14.2% from 2021 to 2030.

Rise in information and computer technology expenditure and increase in adoption of online cab bookings have boosted the growth of the global route optimization software market. However, lack of IT infrastructure in developing countries hinders the market growth. On the contrary, the growth of internet of things (IoT) and adoption of web-based services & advanced communication technologies open new opportunities for the market players in the future.

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The service segment to portray the highest CAGR by 2030

By solution, the service segment would register the highest CAGR of 17.2% during the forecast period, as it ensures effective functioning of solution with transparency and control throughout the process. However, the software segment held the largest share in 2020, accounting for nearly three-fourths of the global route optimization software market, as it offers optimized route scheduling for pickup planning, freight arrive time approximation, route identification, and inventory routing.

The on-premise segment held the lion’s share

By deployment mode, the on-premise segment dominated the market in terms of revenue in 2020, contributing to nearly three-fourths of the global route optimization software industry, as the software can be managed internally by the company. However, the cloud segment is projected to register the highest CAGR of 18.7% from 2021 to 2030, as it offers access to applications & functionality.

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North America dominated the market in terms of revenue

By region, the market across North America held the largest share in 2020, contributing to nearly two-fifths of the market, due to demand for innovative route optimization software solutions to meet several operational and development demands. However, global route optimization software market across Asia-Pacific is anticipated to portray the highest CAGR of 16.6% during the forecast period, owing to high demand for route optimization software solution and the growth in online transportation industry in the region.

Key market players

FLS- Fastleansmart
Geoconcept
MiTSystems
Optimoroute, Inc.
ORTEC
Paragon Software Systems, PLC.
Prism Visual Software, Inc.
Route4Me, Inc.
ROUTIFIC
Wise Systems, Inc.

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KEY FINDINGS OF THE STUDY –

Depending on solution, the software segment led the route optimization software market in terms of revenue in 2020.
By deployment mode, the on-premise segment accounted for the highest route optimization software market share in 2020.
According to enterprise size, the large enterprises accounted for the highest share in optimization software market analysis.
As per the industry vertical, the retail & FMCG segment accounted for the highest growth in the route optimization software market in 2020.
Region wise, North America generated the highest revenue in route optimization software market forecast.

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AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

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Crowd Analytics Market Value to Surpass USD 5.7 billion by 2030

The crowd analytics market size was valued at $912.68 million in 2020, and is estimated to reach $5.7 billion by 2030, growing at a CAGR of 20.4% from 2021 to 2030.

By deployment model, the cloud segment is expected to grow a fastest CAGR during the crowd analytics market forecast period. The cloud-based deployment model does not involve capital cost and is low on maintenance requirements. Hence, it is mostly preferred by SMEs. Direct IT control, internal data delivery & handling, faster data processing, efficient resource utilization, and cost effectiveness of cloud deployment are some of the advantages offered by this model, which are anticipated to boost the 0 market growth.

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Region wise, North America dominated the market in 2020, and is expected to maintain this trend during the forecast period. The market is driven by factors, such as market developments, strong economic growth, ongoing commercialization, and increased in ICT spending by government on various projects including, home land security, tourism, and other people management programs.

The global economy has suffered as a result of COVID-19’s resurgence. Crowd analytics market trends from a few industrial verticals have resulted in significant financial losses, owing to the lockdowns imposed by governments throughout the globe to prevent further spread of the contamination. Retail outlets; stores; shopping malls; workplaces & working environments; transportation frameworks such as aircraft, rail, street, ; motels; restaurants; bars & clubs; schools; universities; and colleges are significantly impacted. In addition, public gatherings have been kept to minimum. However, restrictions are gradually being relaxed to aid the recovery of the affected regions and to re-energize the global economy. This is expected to support the growth of crowd analytics industry in future.

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The key players operating in the global crowd analytics market analysis include AGT International GmbH, Crowd Dynamics, Crowd Vision Limited, GEODAN, MIRA, NEC Corporation, Nokia Corporation, Savannah Simulations, Spigit, Inc. (Planview), and Walkbase (STRATACACHE). These players have adopted various strategies to increase their market penetration and strengthen their position in the crowd analytics industry.

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KEY FINDINGS OF THE STUDY –

By solution, the software segment led the highest crowd analytics market share, in terms of revenue in 2020.
On the basis of end user, the transportation segment is expected to exhibit the fastest growth rate during the forecast period.
Region wise, North-America generated the highest revenue in 2020.

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Business Analytics Software Market Value to Gain USD 177.00 Billion by 2030

As per the report, the global business analytics software market was pegged at $61.10 billion in 2020, and is expected to reach $177.00 billion by 2030, growing at a CAGR of 11.2% from 2021 to 2030.

Increase in adoption of business analytics software by organizations and rise in demand for cloud-based business analytics software among SMEs have boosted the growth of the global business analytics software market. However, high implementation costs of business analytics software and dearth of skilled workforce hinder the market growth. On the contrary, trends such as social media analytics and text analytics and rise in need to gain insights for business planning would open new opportunities for the market players.

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The service segment to manifest the highest CAGR through 2030

By component, the service segment is estimated to portray the highest CAGR of 12.1% during the forecast period. This is due to rise in data size and complexity. However, the software segment held the largest share in 2020, accounting for more than half of the global business analytics software market, as they help business enterprises by providing better management tools than existing ones.

The customer analytics segment dominated the market

By application, the customer analytics segment held the largest share in 2020, contributing to nearly one-fourth of the global business analytics software industry, due to rise in consumer behavior analytics trends and rise in competitiveness of modern business world. However, the risk & credit analytics segment is projected to manifest the highest CAGR of 13.8% during the forecast period, owing to improving risk detection and decision-making capabilities of business analytics solutions.

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North America held the lion’s share

By region, the global business analytics software market across North America held the largest share in 2020, accounting for nearly one-third of the market. This is due to rise in awareness in regards to business analytics solutions. However, the market across Asia-Pacific is expected to register the highest CAGR of 11.0% during the forecast period, owing to rise in digitization among companies and increased digital transformation of the region.

Leading Market Players

Adobe
Fair Isaac Corporation
Google LLC.
IBM Corporation
Microsoft Corporation
Oracle Corporation
Qlik
Salesforce.com, Inc.
SAP SE
SAS Institute Inc.

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KEY FINDINGS OF THE STUDY –

By component, the software segment accounted for the largest business analytics software market share in 2020.
By region, North America generated highest revenue in 2020.
By enterprise size, the large enterprise generated the highest revenue in 2020.

In the midst of the global COVID-19 outbreak, the advantages of online food delivery (FD) were obvious as it facilitated consumer access to prepared meals and enabled food providers to keep operating. However, following the recovery from the COVID-19 pandemic, the food industry is expected to grow in the next coming years. Various firms globally have implemented a work-from-home culture for their staff, resulting in rise in demand for ready to eat food, which is expected to increase growth in the food delivery mobile application industry.

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Electronic Cigarette Market Size Growing At a CAGR of 16.8% to 2031 | Tobacco Segment is Expected to Dominate the Market From 2022 to 2031

According to a new report, ‘Electronic Cigarette Market 2022–2031′. The global electronic cigarettes market was valued at $17,301.0 Million in 2020, and is projected to reach $94,316.6 Million by 2031, registering a CAGR of 16.8% from 2022 to 2031. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter’s Five Forces, and competitive scenario.

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The increased knowledge of e-cigarettes being safer than traditional cigarettes, particularly among the younger population, drives the growth of the global electronic cigarette market. However, side effects of e-cigarettes restrain the growth to some extent. On the other hand, players’ continual improvement in new product development present new opportunities in the upcoming years.

In recent years, market participants have placed an emphasis on raising knowledge of e-cigarettes and vape devices, particularly among adult smokers. JUUL Labs, Inc., for example, launched a marketing campaign in January 2019 to educate adult smokers about the negative effects of traditional combustible cigarettes and encourage them to switch to e-cigarettes & vape devices. During the forecast period, such marketing strategies are expected to boost market expansion.

The global electronic cigarette market is segmented on the basis of product type, flavor, distribution channel, and region. On the basis of product type, the market is divided into disposable, rechargeable, and modular. Modular electronic cigarette is the most popular among others as it can be refilled and allows the user to regulate the power delivered from the system’s battery to the atomizer. As a result, electronic cigarette products production is expected to be the leading segment during the forecast period.

Based on flavor, the tobacco segment held the largest market share in 2020, holding more than one-fourth of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is projected to register the highest CAGR of 18.2% from 2021 to 2030.

On the basis of sales channels, market is divided into specialist E-Cig shops, online, supermarkets, tobacconist, and others. Physical routes to market continue to be the most popular channel for purchasing electronic cigarettes. While making their initial purchase, consumers are reassured by specialized e-cig businesses to acquire familiarity with the product. E-cigarette specialty stores have a unique selection of electronic cigarette devices and other accessories.

Based on region, Europe contributed to the highest share in terms of revenue in 2020, holding nearly one-third of the global aircraft tires market, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific region is projected to manifest the fastest CAGR of 18.1% during the forecast period.

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The key players profiled in the report include Altria Group, British American Tobacco, Imperial Brands, International Vapor Group, Japan Tobacco, NicotekLlc, Njoy Inc., Philip Morris International Inc., Reynolds American Inc., and VmrFlavoursLlc.

Key Benefits For Stakeholders:

○ The report provides an extensive analysis of the current and emerging electronic cigarette market trends and opportunities.
○ The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing electronic cigarette market opportunities in the market.
○ The electronic cigarette market forecast is offered along with information related to key drivers, restraints, and opportunities.
○ The electronic cigarette market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
○ The electronic cigarette market provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

Reason to Buy:

○ Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Electronic Cigarette market.
○ Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
○ The key findings and recommendations highlight crucial progressive industry trends in the Electronic Cigarette Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
○ Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
○ Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
○ Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Related Reports:

○ Menthol Cigarette Market to Witness a Pronounce Growth During 2022-2031
○ Cigarette Paper Market is estimated to reach $2.2 billion by 2031
○ Cigarette Paper Market is projected to reach $2.2 billion by 2031
○ Electric Pocket Lighter Market by Manufacturer, Region, Type and Application Forecast to 2027

Source: https://www.globenewswire.com/en/news-release/2022/03/28/2411097/0/en/Global-Electronic-Cigarette-Market-Is-Expected-to-reach-94-3-billion-by-2030-Allied-Market-Research.html

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