A Market Place Research – Page 1276

AI And Advance Machine Learning in BFSI Market to Generate $61.24 Billion by 2030

According to the report published by Allied Market Research, the global AI and advance machine learning in BFSI market garnered $7.66 billion in 2020, and is expected to generate $61.24 billion by 2030, witnessing a CAGR of 23.1% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

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Rise in investments by BFSI companies in AI and machine learning, preferences for personalized financial services, and increase in collaboration activities between financial institutes and AI & machine learning solution companies drive the growth of the global AI and advance machine learning in BFSI market. However, high cost of deployment for AI and advanced machine learning and lack of skilled professionals hinder the market growth. On the other hand, support in government initiatives and rise in investments to leverage the AI technology create new opportunities in the coming years.

AI and Advance Machine Learning in BFSI Market By Component (Solution and Services), Deployment Model (On-premise and Cloud), Enterprise Size (Large Enterprises and SMEs), and Application (Fraud & Risk Management, Customer Segmentation, Sales & Marketing, Digital Assistance and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Covid-19 Scenario:

The adoption of AI and advance machine learning in the BFSI sector increased during the Covid-19 pandemic due to shift toward “work from home” culture and need to carry out difficult tasks in banks and fintech organizations.
Increase in digitization and transaction delays & need to raise the speed of payment processing led to increased adoption of AI and machine learning technologies.
Furthermore, nearly 35% of banks reported that machine learning tools and data science technologies made a positive impact in supporting remote working among employees and providing overall security for projects.
There has been increase in number of inquiries for various banking and fintech services during the pandemic. This accelerated the usage of machine learning-powered tools for management of sudden increase in customer enquiries.

The report offers detailed segmentation of the global AI and advance machine learning in BFSI market based on component, deployment model, enterprise size, application, and region.

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Based on component, the solution segment accounted for the highest share in 2020, contributing to nearly four-fifths of the total share, and is projected to maintain its lead position during the forecast period. However, the service segment is expected to manifest the fastest CAGR of 25.5% from 2021 to 2030.

Based on application, the fraud & risk management segment contributed to the highest market share in 2020, accounting for nearly one-third of the global AI and advance machine learning in BFSI market, and is estimated to continue its leadership status during the forecast period. However, the digital assistance segment is projected to witness the largest CAGR of 24.8% from 2021 to 2030.

Based on region, North America held the largest share in 2020, accounting for more than two-fifths of the total market share, and is expected to maintain its dominance in terms of revenue by 2030. However, Asia-Pacific is projected to manifest the highest CAGR of 24.6% during the forecast period.

List of companies profiled of the global AI and advance machine learning in BFSI market analyzed in the research include Amazon Web Services Inc., Cisco Systems, Inc., BigML, Inc, Hewlett Packard Enterprise Development LP, Fair Isaac Corporation, Microsoft Corporation, International Business Machines Corporation, SAP SE, RapidMiner, Inc., and SAS Institute Inc.

Rise in investments by BFSI companies in AI and machine learning and preferences for personalized financial services drive the growth of the global AI and advance machine learning in BFSI market. The adoption of AI and advance machine learning in the BFSI sector increased during the Covid-19 pandemic due to shift toward “work from home” culture and need to carry out difficult tasks in banks and fintech organizations.

Pet Treats Market is Expected to Reach 29.7 Billion by 2031 | Dog Segment is Growing At a CAGR of 4.2%

According to a new report published by Allied Market Research, titled, “Pet Treats Market by Pet Type (Dog, Cat, Others), by Form (Organic, Conventional), by Sales Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031″ The Pet Treats Market Size was valued at $20.1 billion in 2021, and is estimated to reach $29.7 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.

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Owing to the growth in health awareness regarding pets and various food allergies, pet owners now shift towards vegan pet food to avoid any skin allergy or health issue among their pets. Therefore, the rise in the trend towards veganism coupled with pets’ health awareness and benefits of vegan pet food propel the demand for vegan pet treats among pet owners.

However, the market faces stiff challenges as per the Australian Veterinary Association Ltd. The study found that majority of the Australian population, which is more than half dreams to own a new dog. However, only 13% of the respondents confirmed that they intend to buy a pet within a year. There are multiple reasons responsible for resistance in pet or dog adoption, such as, responsibility of pet ownership, having an inappropriate home, which are unsuitable for the dog or unsuitable lifestyle, and the fact that other members of the household are not comfortable living with pets. Moreover, various public places, such as restaurants, malls, and hotels restrict the entry of pets, including dogs. These factors collectively restrict pet adoption, which in the process restraints the Pet Treats Market Growth.

By pet type, the dog segment was the dominated the global market in 2021 and is likely to remain dominant during the Pet Treats Market Foreacst period, with a CAGR of 4.2%. Dog treats generated the highest revenue in 2021 owing to increase in trend of nuclear families and their demand to keep dogs for companionship and security. It has been observed that pet owners prefer dry treats over canned or wet treats as it is easy to store, no refrigeration needed and is more economically cost-effective.

On the basis of form, the conventional segment dominated the global market in 2021, and is estimated to reach $24,854.3 million by 2031, with a CAGR of 4.0%. Conventional pet treats segment holds the maximum Pet Treats Market Share due to various benefits offered by convention farming to the farmers, such as ease, convenience, and safety of crops in farming. Conventional farming offers huge availability of raw material at low cost.

By distribution channel, the offline segment dominated the global market with a CAGR of 3.9%. However, the online segment is likely to be the fastest-growing segment during the forecast period.

Region-wise, North America, dominated the global Pet Treats Industry and is likely to remain dominant during the forecast period. The North America market is strongly driven by pet humanization, strong growth in pet ownership, increasing consciousness towards pets’ health, and increasing Pet Treats Market Trends of premium and super-quality pet treats. As per American Pet Products Association, more than 65% of the U.S. households own a pet, and thus, results into one of the biggest Pet Treats Industry in the globe.

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The players operating in the global pet treats market adopt various developmental strategies to increase their market share, gain profitability, and remain competitive in the market. Key players included in the Pet Treats Market Analysis are, Benevo, Hill’s Pet Nutrition, Evolution Diet, Freshpet, Mars, Incorporated, Nestle S.A., Supreme Petfoods, THE PACK, V-Dog, Wild Harvest, Heristo AG, Diamond Pet Foods, Captain Zack, Pet Munchies, Arden Grange, Royal Canin SAS, and The Pet Beastro.

Reasons to Buy This Pet Treats Market Report:

• Mergers and acquisitions should be well-planned by identifying the best manufacturer.
• Sort new clients or possible partners into the demographic you’re looking for.
• Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
• Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
• To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
• Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
• To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.

Related Reports:

• Vegan Pet Food Market is estimated to reach $16.3 billion by 2030
• Cat Litter Market is projected to reach $11,293.30 million by 2030
• Pet Clothing Market is projected to reach $6.84 billion by 2031
• Pet Training Services Market is projected to reach $6.84 billion by 2031

Source: https://www.globenewswire.com/news-release/2022/11/02/2546400/0/en/Global-Pet-Treats-Market-to-Reach-29-7-Billion-by-2031-Allied-Market-Research.html

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.

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India Dental Insurance Market to Reach $3.65 Billion by 2030

According to the report published by Allied Market Research, the India dental insurance market generated $672.83 million in 2020, and is anticipated to reach $3.65 billion by 2030, manifesting a CAGR of 18.5% from 2021 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players.

Surge in awareness about oral hygiene and increase in government support & initiatives considering dental insurance policy lead to the development of the India dental insurance market. On the other hand, a convergence of dental and health insurance and progresses made in dental vaccines, along with tough profit margins hinder the market growth. On the contrary, implementation of technologies in current products and untapped potential of developing economies create more lucrative opportunities.

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COVID-19 scenario:

Strict lockdowns, imposition of social distancing, and an extended number of COVID-19 positive patients have largely affected the dental insurance providers. This has resulted in massive damages to the insurance industry in the country.
COVID-19 infused economic recession and reduction in the disposable income of people have led to insurers freezing sales of new coverages for dental insurance.

The report segments the India dental insurance market on the basis of type, coverage, demographic, and end-user.

Based on coverage, the dental preferred provider organizations (DPPO) segment accounted for the largest market share in 2020, contributing to nearly three-fifths of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the dental indemnity plans segment is expected to witness the fastest CAGR of 23.3 % from 2021 to 2030.

Based on type, the preventive segment contributed to the highest market share in 2020, attributing to more than two-fifths of the total market share, and is expected to dominate the market during the forecast period. On the other hand, the major segment is expected to manifest the fastest CAGR of 20.3% from 2021-2030.

Based on end-user, the individual segment contributed to the highest share in 2020, holding nearly three-fourths of the total share, and is expected to maintain dominance throughout the forecast period. The same segment is expected to portray the fastest CAGR of 19.1% during the forecast period. The report also covers the corporates segment.

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Key players of the India dental insurance market analyzed in the research include Allianz, AXA, Aetna Inc., Cigna, ICICI Prudential, Cholamandalam MS General Insurance Company Ltd, HDFC ERGO Health Insurance Ltd. (Apollo Munich), Life Insurance Corporation of India, Tata AIG General Insurance Company Limited, MetLife Services and Solutions, LLC.

Takaful Insurance Market : https://www.alliedmarketresearch.com/takaful-insurance-market-A11835

AI in Insurance Market : https://www.alliedmarketresearch.com/ai-in-insurance-market-A11615

Reinsurance Market : https://www.alliedmarketresearch.com/reinsurance-market-A06288

Asia-Pacific Usage based Insurance Market: https://www.alliedmarketresearch.com/asia-pacific-usage-based-insurance-market-A15889

Identity Theft Insurance Market: https://www.alliedmarketresearch.com/identity-theft-insurance-market-A11987

Two wheeler Insurance Market : https://www.alliedmarketresearch.com/two-wheeler-insurance-market-A07582

Aviation Insurance Market : https://www.alliedmarketresearch.com/aviation-insurance-market-A14877

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Amino Acid Metabolism Disorders Treatment Market Size Worth USD 961.8 million by 2031 | CAGR of 4.3%

According to the report published by Allied Market Research, The global Amino acid Metabolism Disorders Treatment Market size was valued at USD 630.9 million in 2021, and is projected to reach USD 961.8 million by 2031, growing at a CAGR of 4.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

Increase in prevalence of amino acid metabolism disorders, rise in research and development activities on amino acid metabolism disorders treatment, and development of healthcare infrastructure drive the global amino acid metabolism disorders treatment market growth.

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Impact of Covid-19 on Amino acid Metabolism Disorders Treatment Market-

The Covid-19 pandemic had a negative impact on the amino acid metabolism disorders treatment market, owing to the reduced demand for amino acid metabolism disorders treatments across several sectors.
The market faced challenges to manage the interrupted demand and supply of medical components.
The main cause of the slowdown of the amino acid metabolism disorders treatment market growth was the interruptions experienced by the government, as it was majorly looking out for preventive measures for the disease spread during the pandemic.

Key Players of Global Amino acid Metabolism Disorders Treatment Market Report–

AMINO GmbH
Civentichem, LLC, Ltd.
GlaxoSmithKline PLC
Koninklijke DSM N.V.
Kyowa HakkoKirin Co., Ltd.
Merck KGaA
Pfizer, Inc.
Recordati S.p.A.
Sanofi
Shine Star (Hubei) Biological Engineering Co.
BioMarin Pharmaceutical Inc.
Teva Pharmaceutical Industries Ltd.

Global Amino acid Metabolism Disorders Treatment Market Segmentation: –

Based on indication, the phenylketonuria segment was the largest market in 2021, contributing to nearly half of the global amino acid metabolism disorders treatment market, and is expected to maintain its leadership status during the forecast period. This is due to the increase in prevalence of phenylketonuria and newborn screening for the diagnosis of phenylketonuria and other amino acid metabolism disorders.

Based on product, the sapropterin segment held the largest market share of more than two-fifths of the global amino acid metabolism disorders treatment market in 2021, and is expected to maintain its dominance during the forecast period. The growth is attributed to the increase in prevalence of phenylketonuria and surge in demand for sapropterin in developed countries such as the U.S. and Germany.

Based on distribution channel, the drug stores and retail pharmacies segment held the largest market share of nearly three-fifths of the global amino acid metabolism disorders treatment market in 2021, and is expected to lead the trail during the forecast period, due to the increased sales of prescription drugs and OTC drugs through drug stores and retail pharmacies.

Based on region, North America was the largest market in 2021, capturing more than two-fifths of the global amino acid metabolism disorders treatment market, and is likely to show a prominent growth during the forecast period. This is due to the increase in demand for sapropterin and kuvan for amino acid metabolism disorders treatments in the region.

By Region Outlook

North America

(U.S., Canada, Mexico)

Europe

(Germany, France, UK, Italy, Spain, Rest of Europe)

Asia-Pacific

(Japan, China, India, Rest of Asia-Pacific)

LAMEA

(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
How big is the global & regional market in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
Which region has more opportunities?

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.

Contact Details:

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

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Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

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help@alliedmarketresearch.com

Commercial Auto Insurance Market Reach $307.10 billion By 2030

According to the report published by Allied Market Research, the global commercial auto insurance market generated $128.43 billion in 2020, and is projected to reach $307.10 billion by 2030, witnessing a CAGR of 9.2% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Increase in number of road accidents, stringent government guidelines, and rise in usage of commercial vehicles drive the growth of the global commercial auto insurance market. However, expensive commercial auto insurance policies restrain the market to some extent. On the other hand, implementation of technology in the field of commercial auto insurance presents new opportunities in the upcoming years.

COVID-19 Scenario

The outbreak of the COVID-19 pandemic negatively impacted the growth of the global commercial auto insurance market.
All the vehicles used for commercial purposes such as food trucks, ice cream vans, school busses and other vehicles were forced to stop their operations during the pandemic, which in turn, led to a sharp decline in the demand for commercial auto insurance.
However, the market is anticipated to revive soon as the lockdown is over.

The report offers detailed segmentation of the global commercial auto insurance market based on vehicle type, vehicle age, coverage type, distribution channel, and region.

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Based on vehicle type, the light goods vehicle segment held the highest market share in 2020, holding more than three-fifths of the total market share, and is expected to continue its leadership status during the forecast period. However, the heavy goods vehicle segment is estimated to register the highest CAGR of 11.0% from 2021 to 2030.

Based on coverage age, the third party liability coverage segment held the largest market share in 2020, holding nearly three-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the collision/comprehensive/optional coverage segment is projected to register the highest CAGR of 10.5% from 2021 to 2030.

Based on region, North America contributed to the highest share in terms of revenue in 2020, holding nearly two-fifths of the global market share, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific is projected to manifest the fastest CAGR of 10.9% during the forecast period.

Leading players of the global commercial auto insurance market analyzed in the research include Allianz, American International Group Inc., Aon plc, Aviva, AXA, Berkshire Hathaway Inc., Chubb, Liberty Mutual Insurance Company, Willis Towers Watson, and Zurich.

Related Links:

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Aviation Insurance Market : https://www.alliedmarketresearch.com/aviation-insurance-market-A14877

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Payment Security Market Is Expected to Reach $60.56 Billion By 2030: Allied Market Research

According to the report published by Allied Market Research, the global payment security market generated $17.64 billion in 2020, and is projected to reach $60.56 billion by 2030, witnessing a CAGR of 13.2% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

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Growing demand for payment security form online and e-commerce companies, major digital transformation of payment methods, increased fraudulent activities in e-commerce, rise in the adoption of mobile payment, and growing number of internet users drive the growth of the global payment security market. However, lack of trust on online payments and high cost of these solutions restrain the market growth to some extent. On the other hand, growing use of payment application among every sector presents new opportunities in the upcoming years.

COVID-19 Scenario:

The outbreak of the COVID-19 pandemic has positively impacted the global payment security market, owing to increase in adoption of digital payment solutions.
The pandemic has forced p
eople to change their shopping habits in favor of E-Commerce and M-Commerce. This, in turn, boosted the market growth
Governments and regulatory bodies had started to discourage the use of cash and promoted digital payments as a swift and secure option.

The report offers detailed segmentation of the global payment security market based on solution type, platform, application, enterprise size, industry vertical, component, and region.

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Based on component, the solution segment held the highest market share in 2020, holding more than three-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the service segment is estimated to register the highest CAGR of 14.3% from 2021 to 2030.

Growing demand for payment security form online and e-commerce companies, major digital transformation of payment methods, increased fraudulent activities in e-commerce, rise in the adoption of mobile payment, and growing number of internet users drive the growth of the global payment security market. North America contributed to the highest share in terms of revenue in 2020, holding nearly two-fifths of the total market share.

Based on enterprise size, the large enterprises segment held the largest market share in 2020, holding more than two-thirds of the total market share, and is expected to continue its leadership status during the forecast period. However, the SMEs segment is projected to register the highest CAGR of 14.9% from 2021 to 2030.

Based on region, North America contributed to the highest share in terms of revenue in 2020, holding nearly two-fifths of the total market share, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific is projected to manifest the fastest CAGR of 15.4% during the forecast period. Other regions discussed in the report include Europe and LAMEA.

Leading players of the global payment security market analyzed in the research include CA Technologies, Cyber Source Corp, Shift 4 Corp, Transaction network services Inc., Vasco Data security International Inc., Symantec Corp., UL Transaction security, Index systems Inc., GEOBRIDGE Corp, MagTek Inc.

Related Links:

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Payment Card Skimming Market : https://www.alliedmarketresearch.com/payment-card-skimming-market-A10030

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POS Payment Market: https://www.alliedmarketresearch.com/pos-payment-market-A10023

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Digital Gift Cards Market to Reach $1101.03 Billion, Globally, by 2030 at 15.8% CAGR: Allied Market Research

Allied Market Research published a report, titled, “Digital Gift Card Market by Functional Attribute (Open-Loop Card and Closed-Loop Card), End User (Retail and Corporate) and Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030”. According to the report, the global digital gift cards industry generated $258.34 billion in 2020, and is anticipated to generate $1101.03 billion by 2030, witnessing a CAGR of 15.8% from 2021 to 2030.

Digital Gift Card Market by Functional Attribute (Open-Loop Card and Closed-Loop Card), End User (Retail and Corporate) and Application (Consumer Goods, Health & Wellness, Restaurants & Bars, Travel & Tourism, Media & Entertainment and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Prime determinants of growth

Rise in demand for advanced payment solutions, high adoption rate of smartphones, and increase in demand for innovative products drive the growth of the global digital gift cards market. However, Lack of security hinders the market growth. On the other hand, surge in demand for digital gift cards from developing countries presents new opportunities in the coming years.

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Covid-19 Scenario

The outbreak of the Covid-19 pandemic has had a positive impact on the global digital gift cards market, owing to increase in adoption of digital gift cards among businesses.
Moreover, the overall gift card industry witnessed high growth during the COVID-19 pandemic, as governments across several regions imposed new regulations to accelerate growth of electronic payments in respective countries.

The retail segment to maintain its leadership status throughout the forecast period

Based on end user, the retail segment held the highest market share in 2020, accounting for three-fifths of the global digital gift cards market, and is estimated to maintain its leadership status throughout the forecast period. This is due to increase in consumers trends & preferences toward shopping at the retail store fuels. However, corporate segment is projected to manifest the highest CAGR of 17.2% from 2021 to 2030, owing to increase in awareness among the business owner to deliver gift cads to their employees.

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The consumer goods segment to maintain its lead position during the forecast period

Based on application, the consumer goods segment accounted for the largest share in 2020, contributing to more than one-fourth of the global digital gift cards market, and is projected to maintain its lead position during the forecast period. This is due to availability of large number of digital payment technology among the people to accept gift card digitally. Moreover, the travel & tourism segment is expected to portray the largest CAGR of 19.2% from 2021 to 2030, owing to meet the requirements of the travelers by allowing access to a vast array of choices to many destinations.

North America to maintain its dominance by 2030

Based on region, North America held the highest market share in terms of revenue 2020, accounting for more than two-fifths of the global digital gift cards market. This is due to rise in popularity of corporate gifting cultures during special occasions, such as birthdays, incentives, festivals, etc. However, the Asia-Pacific region is expected to witness the fastest CAGR of 17.2% from 2021 to 2030, owing to surge in adoption of these cards for online purchases, traveling, and distribution among children as cash alternative.

Leading Market Players:-

Amazon.com, Inc.
Apple, Inc.
Blackhawk Network Holdings, Inc.
Fiserv, Inc.
InComm Payments
Loop Commerce, Inc.
National Gift Card Corporation
PayPal Holdings, Inc.
Target Brands, Inc.
Walmart Inc.

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Digital Gift Cards Market: https://www.alliedmarketresearch.com/digital-gift-cards-market-A09990

Italy Gift Cards Market : https://www.alliedmarketresearch.com/italy-gift-cards-market

Gift Cards Market: https://www.alliedmarketresearch.com/gift-cards-market

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Smart Mining Market Evolving Industry Trends and Key Insights by 2027 | At a CAGR of 16.3%

The global smart mining market size was valued at $9.3 billion in 2019 and is expected to reach $23.4 billion by 2027, growing at a CAGR of 16.3% from 2020 to 2027. Smart mining technologies include integration of hardware and software to improve the mining productivities and reduce the operational time and costs. Mining companies emphasize on enhancing productivity by providing state-of-the-art software & solutions. These software & solutions are integrated with the equipment, personnel, and operations to obtain enhanced safety and higher material extraction from the mining operations.

The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market overview and investment prospects. The market report also involves the competitive landscape containing the profiles of top ten major players in the industry. The frontrunners have been thoroughly assessed based on their revenue size, service/product portfolio, regional presence, key plans & policies, and overall contribution to the growth of the market.

Major Key Players of the Smart Mining Market are:
ABB Ltd., Caterpillar Inc., Cisco Systems, Inc., Hexagon AB, Hitachi Ltd., Komatsu Ltd., Robert Bosch GmbH, Rockwell Automation Inc., Sandvik AG, and Trimble Inc.

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Over the years, we have been administering market intelligence studies across an array of industries for organizations of different types such as profit & not-for-profit organizations, big-scale & large-scale organizations, and many more. We look at numerous aspects of internal & external business environment disturbing the growth stratagems of business ventures.

The global Smart Mining report offers quantitative and qualitative analysis of the market from 2021 to 2027. The qualitative study emphasizes on the value chain analysis, pain point analysis, and key regulations.

Value chain analysis: AMR offers a complete analysis of all the stages along with the key stakeholders functioning in every stage with their strategic decisions on board.
Key regulations: Allied Market Research provides key regulations and standards for the Smart Mining Market. The section also presents some of the regulatory documents of the product type.
Pain point analysis: The report also offers insights on the key challenges faced by the stakeholders in the industry. The strategic decisions adopted by the market players to maintain their foothold in the market are also discussed through the report.

COVID-19 Impact Analysis on the global Smart Mining:

The outbreak of the pandemic has had a huge impact across the globe, which impeded the socio-economic development. Therefore, the Smart Mining Market report doles out a micro- and macro-economic assessment of the industry throughout the pandemic. The study further provides a qualitative breakdown of the impact of Covid-19 on the market.

Key Market Segments –

By Type

Underground Mining
Surface Mining (Open Pit or Open Cast Mining)

By Category

Automated Equipment
Component
Consulting Services

Market Snapshot Some of the wider facets that our team at AMR emphasize on are:

Our professional squad of analysts always endeavor to comprehend the bigger picture of any industry, especially in terms of its growth stages.
The teams emphasize on procuring pertinent insights into diverse models of competitive advantage while forming a core environment analysis.
The specialists also keep on adapting the value chain analysis procedures of organizations to apprehend how exactly the customer value is generated.

The major extents of focus that prop up and actuate our primary and secondary research initiatives and endeavors are:

What are the basic & primary competencies of the new entrants as well as the existing players in the industry we are exploring?
What are the branding opportunities that are evolving at a swift pace?
What are the prime competitive forces shaping the industry?
Why some viable approaches are more prevalent than others among the frontrunners in the industry?
What are of the key pricing schemes & policies that organizations in an industry are incorporating for promoting their products worldwide?
What are the market strategies that are appropriate to a certain service or product?

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Table of Content:

1 Report Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Players Covered

1.4 Market Analysis by Type

1.5 Market by Application

1.6 Study Objectives

1.7 Years Considered

2 Global Growth Trends

2.1 Smart Mining Market Size

2.2 Smart Mining Market Growth Trends by Regions

2.3 Industry Trends

3 Market Share by Key Players

3.1 Smart Mining Market Size by Manufacturers

3.2 Smart Mining Market Key Players Head office and Area Served

3.3 Key Players Smart Mining Market Product/Solution/Service

3.4 Date of Enter into Smart Mining

3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product

4.1 Global Smart Mining Market Sales by Product

4.2 Global Smart Mining Market Revenue by Product

4.3 Smart Mining Market Price by Product

5 Breakdown Data by End User

5.1 Overview

5.2 Global Smart Mining Market Breakdown Data by End User

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.

Medical Radiation Protection Aprons Market Share Estimated to Touch USD 187.3 million by 2030

According to the report published by Allied Market Research, The global Medical Radiation Protection Aprons Market size was valued at USD 116.3 million in 2019, and is projected to reach USD 187.3 million by 2030, growing at a CAGR of 4.7% from 2022 to 2030.

Allied Market Research recently published a report, titled, “Medical Radiation Protection Aprons Market By Type (Front Protection Aprons, Vest and Skirt Aprons, Other Aprons), By Material (Lead Aprons, Light Lead Composite Aprons, Lead Free Aprons), By Application (Hospitals, Clinics and Radiology Centers, Research Laboratories): Global Opportunity Analysis and Industry Forecast, 2021-2031″.

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Increase in prevalence of caner, surge in demand for cancer screening, and surge in number of medical imaging procedure have boosted the growth of the global medical radiation protection aprons market. Moreover, rise in number of orthopedic surgeries and increase in demand for radiation protection aprons supplemented the market growth. Surge in technologies advancements in healthcare sector would open new opportunities in the future.

Key Players of Global Medical Radiation Protection Aprons Market Report:-

AADCO Medical, Inc.
AliMed Inc.
Amray Radiation Protection
barrier technologies
BLOXR Solutions
Burlington Medical
infab corporation
Kemper Medical Inc.
Kiran
Lite Tech, Inc.
Protech Medical.
Shielding Intl.
Trivitron Healthcare
Techo-Aide
Velcro BVBA

The report analyzes these key players of the global medical radiation protection aprons market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

Global Medical Radiation Protection Aprons Market Segmentation: –

By Type

Front Protection Aprons
Vest and Skirt Aprons
Other Aprons

By Material

Lead Aprons
Light Lead Composite Aprons
Lead Free Aprons

By Application

Hospitals
Clinics and Radiology Centers
Research Laboratories

By region, the market across North America held the largest share in 2019 accounting for around one-third of the global medical radiation protection aprons market. This is due to rise in prevalence of cancer, increase in number of X-ray procedures, presence of key players, and development in R&D activities in the radiology sector in the region. However, the market across Asia-Pacific is expected to register the highest CAGR of 5.4% during the forecast period, owing to increase in prevalence of diseases, which require medical imaging, rise in safety awareness among population working under radiation environment.

By Region Outlook

North America

(U.S., Canada, Mexico)

Europe

(Germany, France, UK, Italy, Spain, Rest of Europe)

Asia-Pacific

(Japan, China, India, Rest of Asia-Pacific)

LAMEA

(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
How big is the global & regional market in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
Which region has more opportunities?

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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.

Financial Guarantee Market to Reach $71.93 Bn, Globally, by 2030 at 9.6% CAGR: Allied Market Research

Allied Market Research recently published a report, titled, “Financial Guarantee Market By Product Type (Bank Guarantees, Documentary Letter of Credit, Standby Letter of Credit (SBLC), Receivables Financing, and Others), Enterprise Size (Small Enterprises, Medium-sized Enterprises, and Large Enterprises), and End User (Exporters and Importers): Global Opportunity Analysis and Industry Forecast, 2021–2030“. As per the report, the global financial guarantee industry was accounted for $28.70 billion in 2020, and is expected to reach $71.93 billion by 2030, growing at a CAGR of 9.6% from 2021 to 2030.

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Drivers, Restraints, and Opportunities

Rise in the financial risk involved in business transactions, quick processing of documents by banks, and rise in adoption of financial guarantees by SMEs drive the growth of the global financial guarantee market. However, strict assessment by the banks before offering a financial guarantee and collateral demands hinder the market growth. On the contrary, increase in import and export activities in developing countries and surge in digitalization of banking procedures are expected to open new opportunities for the market players in the future.

Covid-19 Scenario:

· The rise in uncertainty and protectionism in global trade, shift in supply chain demands, and business closures have negatively affected the financial guarantee market.

· To curb the spread of the virus, several countries imposed strict restrictions and lockdown across the countries, which created geopolitical tensions and shift in trade patterns.

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The Documentary Letter of Credit Segment Held the Largest Share

By product type, the documentary letter of credit segment held the largest share in 2020, accounting for nearly three-fifths of the global financial guarantee market, due to differing laws of countries and the difficulty of knowing each party personally. However, the receivables financing segment is expected to register the highest CAGR of 15.0% during the forecast period, as it allows to accept large, bulk one-time orders and allow traders to earn greater profits.

The Large Enterprises Segment Dominated the Market

By enterprise size, the large enterprises segment held the lion’s share in 2020, contributing to nearly three-fifths of the global financial guarantee market, owing to rise in preference of a financial guarantee among major organizations to make immediate payments across countries. However, the small-sized enterprises segment is estimated to manifest the highest CAGR of 13.7% from 2021 to 2030. Due to lack of credit worthiness and limited access to huge funds, small banks cannot take loans from banks but a financial guarantee allows them to acquire products and pay later.

Asia-Pacific, followed by Europe and North America, held the Largest Share

By region, the global financial guarantee market of Asia-Pacific, followed by Europe and North America, dominated in 2020, holding nearly two-fifths of the market, due to rise in demand for digitalized financial guarantee using new technologies such as machine learning automation, optical character recognition, and distributed ledger. Moreover, the market across North America is projected to portray the CAGR of 5.5% during the forecast period.

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Major Market Players

Asian Development Bank
BNP Paribas
Barclays
Bank of Montreal
Citibank
HSBC
ICBC
National Bank of Canada
SINOSURE
Scotia Bank

Related Links:

Canada Financial Guarantee Market : https://www.alliedmarketresearch.com/canada-financial-guarantee-market-A12500

Financial Leasing Services Market: https://www.alliedmarketresearch.com/financial-leasing-services-market-A06707

Financial Fraud Detection Software Market : https://www.alliedmarketresearch.com/financial-fraud-detection-software-market-A12743

Robotic Process Automation (RPA) in Financial Services Market: https://www.alliedmarketresearch.com/robotic-process-automation-rpa-in-financial-services-market-A06933

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