Content Services Platform Market to Surpass USD 202.52 billion by 2031 | Emerging Growth Factors, Business Development

The report provides a detailed segmentation of the global content services platform market based on component, deployment mode, organization size, industry vertical, and region.

The report is a useful source of information for new entrants, shareholders, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

the global content services platform market generated $45.08 billion in 2021, and is projected to reach $202.52 billion by 2031, growing at a CAGR of 16.4% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape.

Based on component, the solutions segment held the largest market share in 2021, garnering nearly two-third of the global market, and is expected to maintain its leadership status during the forecast period. The services segment, on the other hand, is expected to exhibit the fastest CAGR of 18.0% during the forecast period.

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

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

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

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

The key players analyzed in the global content services platform industry report include Adobe Inc., DocuWare, Fabasoft AG, Hyland Software Inc., International Business Machine Corporation (IBM), Kyocera Corporation, Microsoft Corporation, Open Text Corporation, Oracle Corporation, and Paper Alternative Solutions Inc.

The report analyzes these key players of the global content services platform market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance, and operating segments by prominent players of the market. 

COVID-19 Scenario:

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

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The market numbers are verified by means of numerous data triangulation techniques. Additionally, reliable industry journals, accurate press releases from trade association, and government websites have also been revised for producing exclusive industry insights.

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.

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Wired Charging Market Showing Impressive Growth during Forecast Period 2021 – 2030

Global wired charging is growing at an exponential rate due to rising electric vehicles and the extensive use of electronic gadgets in our daily life. In addition, rising environmental regulations related to oil & gas led to an increase in demand for electric vehicles which creates ample opportunities for the wired charging market.

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Wired charging plays an important role in the daily lives of human beings, as everyone is surrounded by chargeable gadgets. The rise in demand for mobile & laptops in this decade led to an increase in demand for wired chargers, which act as the major driving factor for the market. In addition, the rising demand for electric vehicles also boosts the demand for wired charging. Moreover, every country is planning to transform crude vehicles into electric and this transformation led to an increase in the demand for wired charging and may act as the major driving factor for the market. Furthermore, the government of every nation is providing subsidies government of India & Japan wants new cars to be electrified to become carbon neutral by 2050, and electric vehicles have become more of a necessity for the country to meet these targets.

The global wired charging market is segmented on the basis of type, charging type, application, and sales channel. Depending on the type, the market is categorized into Type C, Micro USB, lightning, and others. On the basis of charging type, it is divided into standard and fast charging. On the basis of application, it is classified into personal care, consumer electronics, automotive, energy & power, healthcare, and others. Sales Channel-wise, it is categorized into online and offline. Region-wise it is categorized into North America, Europe, Asia-Pacific, and LAMEA.

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The global wired charging market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include ABB, AOYAMA Elevator Co., Ltd, Apple Inc., Dell Technologies Inc., Delta Electronics, Inc., Huawei Technology Co., Ltd., Samsung Electronics Co., Ltd., Sunvalley Group, Tesla, and Webasto.

The global wired charging market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2020–2030. The report includes a study of the market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

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Key Findings Of The Study:

  • On the basis of type, the Type C segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
  • On the basis of charging type, the standard segment emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period.
  • On the basis of application, the consumer electronics segment registered the highest market share and is projected to maintain the same during the forecast period.
  • On the basis of sales channels, the offline segment registered the highest market share and is projected to maintain the same during the forecast period.
  • On the basis of region, the APAC emerged as the global leader in 2020 and is anticipated to be the largest market during the forecast period

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

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

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Cast Resin Dry Type Transformer Market Trends, Active Key Players, and Growth Projection Up to 2031 | Allied Market Research

The cast resin dry type transformer market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as an increase in demand for electricity from various end-use industries. In addition, the rise in the adoption of renewable and non-conventional energy sources fuels the growth of the cast resin dry type transformer market. However, R&D towards the development of highly efficient solid-state transformers is restraining the growth of the market globally. Conversely, the development and adoption of smart grids & digital dry type transformers are anticipated to provide potential growth opportunities in the upcoming years.

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Cast resin dry type transformers are magnetic core transformers in which the windings and core are kept in a sealed tank that uses air as a cooling medium instead of oil or other liquids as in a typical liquid-filled transformer. In a cast resin dry type transformer, high-voltage (HV) and low-voltage (LV) windings are completely impregnated and cast under vacuum in epoxy resin. This encapsulation helps prevent moisture to penetrate the winding material. The insulating material offers excellent fire hazard protection; thereby, suitable for indoor installations. This makes them the preferred choice for underground or city-building substations that require site-specific fire prevention and fire contingency-management strategies.

Cast resin dry type transformers offer various advantages over wet transformers. It is easy to install and requires less maintenance, has excellent resistance to short circuit currents and the capacity to support overloads, and uses no environmentally hazardous hydrocarbon liquids, hence it is eco-friendly and pollution free. Being self-extinguishing, it reduces the cost of civil installation works and fire protection systems. Cast resin dry type transformers have gained a high demand in recent years as they are installed in industrial, commercial, as well as residential, and non-residential constructions.

Depending on the type, the converter transformer segment garnered the highest cast resin dry type transformer market share of about 59.8% in 2020 and is expected to maintain its dominance during the forecast period. This is attributed to the rising use of converter transformers in excitation systems for turbo and hydro-generators, electric drives of drilling equipment, as semiconductor converters of the traction substation for the city electrified public transport (tram, trolley bus, and subway), and DC & AC electric drives.

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On the basis of cooling type, the forced air-cooling segment acquired the largest share in 2020, in terms of revenue, and is expected to maintain its dominance during the forecast period. This is attributed to the rising demand for forced air-cooling systems in industrial applications owing to the increase in temperature of cast resin dry type transformer systems. In addition, the forced air cooling system cooled down highly heated cast resin dry type transformer in less time as compared to natural air cooling which in turn is anticipated to fuel the growth of this segment during the forecast period.

On the basis of phase, the single-phase segment held the largest share in 2020, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to the rise in the use of single-phase cast resin transformers in low-voltage distribution applications in various commercial and residential applications such as hospitals, educational institutes, commercial offices, public infrastructure, and other applications. In addition, it is used in some small-scale industrial applications, which, in turn, is projected to fuel market growth in the coming years.

On the basis of voltage, the low segment dominated in 2020, in terms of revenue, and is expected to grow at a CAGR of 5.4%. This is attributed to the rising in the use of low-voltage cast resin dry type transformers in residential and commercial applications. In addition, the rapid growth of industries including automotive, building & construction, healthcare, military & defense, power generation, and others is anticipated to fuel the market growth for this segment in the coming years.

On the basis of end-use, the industrial segment garnered the largest share in 2020, in terms of revenue, and is expected to grow at a CAGR of 5.1%, owing to a rise in demand for cast resin dry-type transformers from various industries including marine, chemical, oil & gas, renewable energy, power generation, and others.

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Region-wise, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific garnered the dominant share in 2020 and is anticipated to maintain this cast resin dry-type transformer market trend during the forecast period. This is attributed to numerous factors such as the presence of a huge consumer base, the rapid expansion of the renewable energy sector, high-voltage direct current (HVDC) systems, and the existence of key players in the region. Moreover, presence of the countries such as China, Japan, India, Australia, and South Korea is anticipated to contribute toward the growth of the cast resin dry-type transformer market in Asia-Pacific.

The global cast resin dry-type transformer market analysis covers in-depth information on the major industry participants. The key players operating and profiled in the report include Eaton Corporation Plc, Fuji Electric, General Electric, Schneider Electric, BHEL, Hammond Power Solutions, Hitachi, Ltd., Kirloskar Electric Co., Ltd., Siemens Energy, and WEG Group.

Other players operating in the cast resin dry-type transformer industry are Power Sp. z o.o., TBEA Co. Ltd., Voltamp Transformers Ltd., Hyosung Heavy Industries, and others.

Key Findings Of The Study

  • In 2020, the converter segment accounted for about 59.8% of the share in the global cast resin dry-type transformer market and is expected to maintain its dominance till the end of the cast resin dry-type transformer market forecast period.
  • In 2020, the forced air-cooling segment accounted for 64.2% market share and is anticipated to grow at a rate of 5.1% in terms of revenue.
  • In 2020, the single-phase segment accounted for 89.8% market share and is anticipated to grow at a rate of 5.2% in terms of revenue.
  • Low voltage is the rapidly growing segment in the global cast resin dry-type transformer market and is expected to grow at a CAGR of 5.4% during 2021–2030.
  • North America is expected to grow at the fastest rate, registering a CAGR of 5.9%, throughout the forecast period.
  • In 2020, Asia-Pacific dominated the global cast resin dry-type transformer market with more than 40.2% of the share, in terms of revenue.

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

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

Contact:

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Asia E-Learning Market Research Report USD 162.15 billion by 2030, at a CAGR of 15.7% – Says Allied Market Research

Remote learning trends enforced by the pandemic and rise in adoption of smartphone and cellular technology are the major factors that drive the growth of the Asia E-learning market. Time and cost-effective of e-learning and more personalized learning prospects are anticipated to offer lucrative opportunities in the industry.

The Asia E-learning/online Learning market was estimated at $38.25 billion in 2020 and is expected to hit $162.15 billion by 2030, registering a CAGR of 15.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.

Key industry players such as – Adobe Systems Inc., Aptra Inc., Articulate Global Inc.,Certpoint systems Inc,. Cisco systems Inc, Citrix Education Inc., D2L Corporation, Microsoft Corporate, Oracle Corporation, and SAP SE.

The Asia E-learning market is analyzed across provider, mode, courses, and end user. Based on provider, the content segment accounted for more than three-fourths of the total market share in 2020, and is expected to rule the roost by 2030. The services segment, however, would garner the fastest CAGR of 17.1% throughout the forecast period.

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Based on country, the market across China held the major share in 2020, garnering more than three-fifths of the market. Simultaneously, the market across India would manifest the fastest CAGR of 23.2% throughout the forecast period. The other provinces discussed in the report include Japan, South Korea, and Sri Lanka.

Based on mode, the cloud segment contributed to around three-fourths of the total market revenue in 2020, and is projected to lead the trail by 2030. In addition, the same segment would exhibit the fastest CAGR of 16.0% during the forecast period. The report also studies on-premise segment.

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Impact of COVID-19 on online Learning Market in Asia (Pre and Post Analysis)

  • In wake of COVID-19 pandemic, the Asia e-learning market has established a positive correlation strongly supported by four major factors including technology, government initiatives, blended learning, and penetration rate.
  • The shutdown of colleges, schools, and other learning mediums during COVID-19 pandemic created multiple opportunities for e-learning, thereby increasing its adoption among the people.

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Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

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.

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Virtualization Security Market Research Report | $6.29 billion by 2030 with a CAGR 14.6%

Surge in government regulations supporting virtualization security is expected to open lucrative opportunities in the future. Surge in cybersecurity concerns, increase in adoption of bring your own device and internet of things, and rise in adoption of virtual applications across prime enterprises have boosted the growth of the global virtualization security market. 

Key industry players such as: Trend Micro Incorporated, IBM Corporation, Juniper Networks, Inc., Dell EMC, Intel Corporation, Microsoft Corporation, VMware, Inc., Broadcom, Inc., Sophos Ltd and McAfee, LLC.

The global virtualization security market was pegged at $1.62 billion in 2020, and is expected to reach $6.29 billion by 2030, growing at a CAGR of 14.6% from 2021 to 2030.

Based on component, the solution segment held the largest share in 2020, accounting for more than three-fourths of the global virtualization security market, due to rise in AI-powered electronic applications and surge in trend toward data center applications in organizations. However, the service segment is expected to register the highest CAGR of 16.4% during the forecast period, owing to increase in trends toward cybersecurity.

The global virtualization security market across North America held the lion’s share in 2020, accounting for nearly two-fifths of the market, as the region is the most dominant market for the virtualization security industry and home to major market players that offer advanced solutions. However, the market across Asia-Pacific is expected to register the highest CAGR of 16.5% during the forecast period, due to presence of prime players in the market and increase in penetration of AI-powered electronic equipment in the region.

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On the basis of deployment model, the cloud segment is projected to portray the highest CAGR of 15.8% during the forecast period, due to benefits such as increased flexibility, scalability, and ease of administration. However, the on-premise segment dominated the global battery materials market in 2020, contributing to nearly three-fifths of the global virtualization security market, due to rise in adoption of virtualization security solutions across on-premise platforms among strongly regulated industries.

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Covid-19 scenario:

  • The Covid-19 pandemic positively affected the market due to rise in demand for virtualization security solutions among small and medium enterprises for protecting company’s data.
  • Moreover, the global adoption of work from home increased the need to detect and block malware and reduce cyber-attacks and data theft issues.
  • The rise in demand for AI and machine learning-powered solutions increased the need for the virtualization security market. However, the lack of skilled workforce hampered the market.

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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.

Contact:

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India Olive Oil Market Research, Opportunity & Future Analysis During 2018-2025 | Deoleo, S.A., Colavita S.p.A, Ybarra

The factors that drive the India olive oil market include rise in demand for olive oil continuously from end-user industries, growth in awareness about the various health benefits offered by the oil, increase in usage in the manufacturing of products in the beauty care and cosmetics industry, beverages industry, and pharmaceutical industry among others. Changing lifestyle is also anticipated to drive the India olive oil market growth.

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India Olive Oil Market by Type and Application: Opportunity Analysis and Industry Forecast, 2018 – 2025,”the India olive oil market was worth $ 58.6 million in 2017 and is estimated to be growing at a CAGR of 9.9%, to reach $127.5 million by 2025.

Olive oil is a liquid fat that is obtained from olives, a crop typically grown in the Mediterranean Basin. The oil is prepared by pressing whole olives. There are various types of olives such as Picholine, Kalamata, Agrinion olives, Cerignola, and many others, each type is for a particular texture, flavor, or shelf life, which can be used for various applications. By type, the India olive oil market is classified into virgin olive oil, refined olive oil, and pomace olive oil. In 2017, virgin olive oil segment has occupied 15.1% share of the India olive oil market due to its improved nutritional content. Furthermore, the growing acceptance of olive oil in culinary uses is likely to increase its market demand for food and beverage applications.

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Rising consumer awareness about the benefits of olive oil is driving the India olive oil market. Olive oil is rich in healthy monounsaturated fat such as oleic acid, it contains large amounts of antioxidants and has strong anti-inflammatory properties. Olive oil helps in preventing several diseases such as cancer, type 2 diabetes, strokes, and other heart diseases. Apart from this, olive oil is enriched with anti-aging antioxidants and hydrating squalene, making it superb for hair, skin, and nails. Thus, olive oil is majorly used in skincare and personal care products.

The key players operating in this India olive oil industry include Colavita S.p.A, FieldFresh Foods Pvt Ltd., Deoleo, S.A., Modi Naturals Limited, Cargill Inc., R R Oomerbhoy Pvt Ltd., Ybarra, Rafael Salgado, Borges International Group, S.L., and Hashmitha Enterprise.

Key Findings of the India Olive Oil Market:
The personal care segment was the highest contributor to the India olive oil market in 2017, and is projected to grow at a CAGR of 9.0%.
In 2017, virgin olive oil segment accounted for 15.1% of the India olive oil market and is projected to grow at the most astounding CAGR of 14.5% from 2018 to 2025.
In 2017, pomace olive oil accounted for almost 65.7% of the share in terms of value in the India olive oil market and is projected to grow at a significant CAGR of 9.1%.
Pharmaceutical accounted for the 24.5% market share with CAGR of 9.6% in the India olive oil market, in 2017.
In 2017, the food segment accounted for 20.0% of the India olive oil market share and is expected to grow at the significant CAGR of 12.7%.

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Reasons to Buy This India Olive Oil 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.

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.

Global Self-Driving Truck Market Expected to Reach $1,669 Million by 2031

According to a recent report published by Allied Market Research, titled,Self-Driving Truck Market by Level of Autonomy and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020 – 2025,”the global self-driving truck market was valued at $1,004 million in 2020, and is projected to reach at $1,669 million by 2025, growing at a CAGR of 10.4% from 2020 to 2025.

At present, North America dominates the self-driving truck industry. In 2020, China is expected to register the highest self-driving truck market growth in Asia-Pacific. Similarly, the UK is expected to lead the overall self-driving truck market share in Europe in 2020. In the same year, according to self-driving truck market analysis, the U.S. is estimated to dominate the North American market.

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Many self-driving truck companies are developing new innovative and advanced technologies, which in turn is anticipated to propel the market. For instance, TuSimple, a self-driving truck technology developer has introduced a new vision system and proprietary automotive-grade camera which will be deployed in the vehicle in third quarter of 2019. This custom designed camera allows low light and reliable night operations doubling the current truck utilization.

The global self-driving truck is segmented based on industrial vertical which includes logistics, construction & manufacturing, mining, and ports. The upcoming trend of self-driving trucks is expected to have an impact on the logistics industry, as it is estimated that logistic industry will adopt the self-driving technology much faster than any other industry. Furthermore, rise in demand for automation of transportation mode has been witnessed to meet consumer expectations.

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North America is a dominant market for self-driving truck, and has major players offering advanced solutions. The key factors that drive the growth of the North American market include surge in demand for artificial intelligence (AI), increase in the level of automation, availability of high-end infrastructure, and emergence of Internet of Things (IoT). Furthermore, rise in investments by the automakers, government initiatives to promote the development of automation, and increase the overall market productivity boost the market growth. Increase in adoption of self-driving trucks in the European region due to surge in demand for road safety drives the market growth.

Key Findings of the Self-Driving Truck Market:

  • Level one is expected to generate the highest revenue in 2020.
  • In 2020, the construction & manufacturing segment is projected to account the highest revenue in the self-driving truck market.
  • Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.

The key players profiled in the report include BMW AG, Isuzu Motors Limited, General Motors, Otto motors, AB Volvo, Daimler AG, Tesla, Waymo, Toyota, and Volkswagen.

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About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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Digital Shipyard Market Expected to Reach $5.09 Billion by 2031

According to a new report published by Allied Market Research, titled, “Digital Shipyard Market,” The digital shipyard market was valued at $846.20 million in 2021, and is estimated to reach $5.09 billion by 2031, growing at a CAGR of 19.6% from 2022 to 2031.

The concept of digital shipyard is typically attributed to the upgradation of shipyards with the adoption of Industry 4.0 capabilities, such as “Cyber-Physical Systems” (CPS) and Internet of Things (IoT) to evolve shipyards for the modern era. By combining the Internet of Things (IoT) with cyber-physical systems (CPS), shipbuilders can produce virtual models in a fraction of the time. These are used to test, modify, and improve designs before physical production commences. Thus, many major shipbuilders in the commercial and defense sectors are adopting a combination of Industry 4.0 technologies to create a digital shipyard for the future. For instance, in December 2020, Pemamek OY received a contract from Babcock International Group, which is a developer of aerospace and defense solutions, to supply PEMA welding and production lines for its shipbuilding site at Rosyth, Scotland. This allowed Babcock to raise the level of automation at its plant and also increased its welding and handling capabilities, which improved the manufacturing quality of ship structures.

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Increase in demand for cargo ships due to increased maritime trade, rise in environmental concerns globally to lower the carbon footprint generated in the shipping industry, and rise in adoption of digital twin technology supplement the growth of the digital shipyard market. However, high cost of digitalization and training cost products and complexity associated with the systems are expected to hamper the growth of the market. In addition, rising implementation of robot technology in the shipbuilding industry and increasing use of industrial internet of things (IIoT) are expected to create ample opportunities for the key players operating in the market.

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KEY FINDINGS OF THE STUDY

  • By type, the commercial shipyards segment dominated the global digital shipyard market in 2021, in terms of growth rate.
  • On the basis of technology, the others segment is anticipated to exhibit a remarkable growth during the forecast period.
  • By capacity, the large shipyards segment is the highest contributor to the digital shipyard market in terms of growth rate.
  • By digitization level, the fully-digital shipyard segment is anticipated to exhibit a remarkable growth during the forecast period.
  • By region, LAMEA is anticipated to exhibit a remarkable growth during the forecast period.

The leading players operating in the digital shipyard market are Accenture, Altair Engineering Inc., Aras, AVEVA Group Plc, BAE Systems Plc, Damen Shipyards Group, Dassault Systems, Hexagon AB, iBASEt, Inmarsat Global Limited, Kranendonk Production Systems BV, Kreyon Systems Pvt. Ltd., Pemamek OY, PROSTEP AG, SAP SE, Siemens, and Wartsila.

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About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
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Professional Hair Care Market will Gain Momentum by 2026 to Surpass $26,242.7 Mn – L’Oréal Group, Henkel AG & Co., Procter & Gamble Co

According to a new report published by Allied Market Research, titled, “Professional Hair Care Market by Form and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the global professional hair care market size was valued at $18596.9 million in 2018 and is projected to reach $26,242.7 million by 2026, registering a CAGR of 4.6% from 2019 to 2026. The professional hair care products are grooming products that are used to apply on hair to get a desired hairstyle and are also used to handle hair problems including hair fall, frizzy hair, split ends, dandruff, and dry or itchy scalp.

The professional hair care products include shampoo, hair wax, hair colorants, straightening & perming products, hair gel, hair conditioner, and others. Application of these professional hair care products nourishes the hair & scalp, and gives an aesthetic hairstyle and look. Moreover, these grooming products including hair straightening & perming products, hair colorants, and styling agents are gaining popularity among young as well as aged consumers. Over the past couple of decades, there has been a rise in the concern over the hair protection, hair fall, hair density, as well as the quality of hair that needs to be maintained from time to time among the customers.

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This triggers the demand for various professional hair care products such as shampoo, hair color, and others. Increase in celebrity influence, persistent self-consciousness about facial appearance & look are some the key factors boost the demand for professional hair care products including hair color, hair wax, hair straightener, and others. Increase in self-awareness toward following trending fashion among youngsters is expected to drive profits in the professional hair care market. Furthermore, the availability these professional hair care products in the market through different distribution channels that include online stores, salons, and others also boosts the professional hair care market growth.

The hair coloring segment in the professional hair care market is anticipated to be the fastest growing segment during the forecast period. This is attributable to the rise in social media including Instagram as well as increase in celebrity influence has contributed toward rise in awareness about fashion trends related to hair color such as gray & pastel color specifically among the young consumers. In addition, golden Ombore hair color, rose blonde hair color, gray & pastel hair color, and nude hair color are some of the best hair color trends at present. Moreover, increase in number of hair salons and spas is also contributing in fueling the growth of the hair coloring segment in terms of value sales. 

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The E-commerce segment in the professional hair care market is anticipated to be the fastest growing segment during the forecast period. This is due to the easy accessibility, heavy discounts, and offers on cosmetics products including professional hair care. This boosts the adoption of e-commerce in the professional hair care market, and becomes a popular medium for the purchase of professional hair care products. Moreover, easy availability of different types of professional hair care products along with the information about the ingredients used in hair care products such as hair wax, hair color, and others coupled with the tips on how to use these products, time-saving feature, and the facility of home delivery contribute to the growth of online sales. 

According to Roshan Deshmukh, Research Manager, Consumer Goods at Allied Market Research, “The global demand for professional hair care market is expected to increase due to the rise in concern about hair protection as well as the increase in concern of one’s facial appearance & look among the young as well as aged consumers, which results in the growing demand for professional hair care products among the consumers globally. 

The global professional hair care market is segmented on the basis of product type, distribution channel, and region. By product type, the market is classified into hair coloring, shampoos, styling agents, and straightening & perming products. By distribution channel, the market is divided into hypermarkets/retail chains, e-commerce, specialty stores, pharmacies, salons, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Key Findings:

  • By product type, the shampoo segment accounted for the highest market share in 2018, growing at a CAGR of 4.5% from 2019 to 2026.
  • By distribution channel, the salons segment occupied the maximum share in in 2018 and is expected to dominate the market forecast.
  • By region, North America accounted for about 35.46% in 2018 of the market by share and is expected to grow at a CAGR of 4.3%.

Global Leaders:

The key players operating in the professional hair care industry are L’Oréal Group, Henkel AG & Co., Procter & Gamble Co., Unilever Corporation, Kao Corporation, Aveda Corporation (Estée Lauder), Avon Products Inc., Revlon Inc., Tony & Guy, and Shiseido Company, Limited

About Us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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Men Personal Care Market will Gain Momentum by 2027 to Surpass $276.9 Bn – Johnson & Johnson, L’Oréal S.A, Unilever, P&G Co

According to a new report published by Allied Market Research, titled, “Men Personal Care Market by Type, Age Group, Price Point, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the men personal care market size is expected to reach $276.9 billion by 2030 at a CAGR of 8.6% from 2021 to 2030.

Key findings of the study

  • The global men personal care market was valued at $124.8 billion in 2020, and is projected to reach $276.9 billion by 2030, registering a CAGR of 8.6% from 2021 to 2030.
  • By type, the oral care segment was the highest contributor to the market, with $34.9 billion in 2020, and is estimated to reach $83.7 billion by 2030, at a CAGR of 9.5% during the forecast period.
  • By age group, the 18-29 years segment was the highest contributor to the market, with $59.1 billion in 2020, and is estimated to reach $137.1 billion by 2030, at a CAGR of 9.1% during the forecast period.
  • By price point, the low segment was the highest contributor to the market, with $59.1 billion in 2020, and is estimated to reach $138.2 billion by 2030, at a CAGR of 9.2% during the forecast period.
  • By distribution channel, the drug stores or pharmacy segment was the highest contributor to the market, with $28.8 billion in 2020, and is estimated to reach $63.4 billion by 2030, at a CAGR of 8.5% during the forecast period.

Men personal care products are non-medicinal consumable products designed for men to use for personal care and grooming. The products can be rubbed, poured, sprinkled, sprayed on, or otherwise applied to the body for cleansing, toning, moisturizing, hydrating, conditioning, massaging, coloring/decorating, soothing, deodorizing, perfuming, and styling. The men personal care market provides a wide range of products, including deodorants, shampoos, shaving gels, aftershaves, bar soaps, and moisturizing creams, at varying prices to meet the needs and purchasing power of consumers.

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The men personal care market analysis is done according to segmentation on the basis of type, age group, price point, distribution channel, and region. On the basis of type, the men personal care market segment is categorized into hair care, shaving, oral care, personal cleanliness, skin care, and others. As per age group, it is divided into 18-29 years, 30-59 years, and 60 years and above. Based on price point, it is fragmented into low, medium, and high.

According to distribution channel, it is divided into hypermarkets & supermarkets, drug stores or pharmacy, mass merchandiser, departmental stores, mono-brand stores, specialty stores, and online sales channel. Region wise, the men personal care market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By type, the oral care segment was highest revenue contributor in 2020, as mouth fresheners have gained popularity among men during the men personal care market forecast. By age group, the 18-29 years segment held the largest men personal care market share, due to increase in awareness of one’s appearance, personal well-being, and grooming.

By price point, the low segment was highest revenue contributor in 2020, as low-price products are preferred by most of the consumers. By distribution channel, the drug stores or pharmacy held the largest market share because this type of stores contains all types of personal care products.

The increased emphasis on physical appearance among young people, particularly men, combined with changes in lifestyles, and particularly in developed countries, are expected to drive the growth of the global men personal care market. Furthermore, the increase in disposable income and consumer preference for professional personal care products are expected to drive revenue growth in the target market.

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The high cost of personal care products, on the other hand, is a significant factor that is expected to restrict global market growth. Furthermore, the ease at which counterfeit products are available in local markets is a major factor that may have an impact on global market growth to some extent.

The disruption of supply chains, particularly for personal care, was a major issue for manufacturers during the COVID-19 situation, as countries closed their borders or raised trade barriers during the lockdown. As a result, manufacturers and exporters faced intense competition to export their goods. Furthermore, on-premise sales at supermarkets and convenience stores have decreased as a result of subsequent lockdowns and the closure of retail stores, as people have been practicing social distancing and avoiding gatherings and outings. However, sales through online retail channels aided market penetration significantly.

The rise in standard of living, the positive effects of personal care on self-esteem and social interaction, and the gradual consumer shift toward premium and luxury personal care brands are indeed a few of the factors and men personal care market trends that are expected to drive the market growth during the forecast period.

Change in lifestyle and rise in disposable income have boosted the demand for the men personal care products. In addition, the growth in the number of product offerings to tap the frequently changing grooming habits of men and organized retail, including online retail, further fuel the men personal care market growth. However, harmful effects of chemicals and escalation in packaging costs have emerged to be two major challenges for the companies. Furthermore, it is observed that there is a rise in consciousness amongst men toward their health, cleanliness, fitness, and well-being. This unfolds many opportunities for the market players.

The major drivers are an increase in disposable income among the emerging middle-class population, the introduction of many customized products, technological innovations in personal care products, an increase in the number of fashion-conscious users, an increase in male grooming, the development of organized retail, the availability of a wide range of products, and an increase in the elderly population. Furthermore, the rise in migration of rural populations to large metropolitan areas contributes to increased consumption, indicating a significant growth opportunity in the men personal care industry.

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Global Key Players:

Prominent men personal care market players are focusing on product innovation by offering more innovative products to consumers to address various personal hygiene concerns. The key players in the global men personal care market include Johnson & Johnson (U.S.), P&G Co. (P&G) (U.S.), L’Oréal S.A. (France), The Estee Lauder Companies, Inc. (U.S.), Unilever (UK), Avon Products, Inc. (U.S.), Kao Corporation (Japan), Colgate-Palmolive Company (U.S), Beiersdorf Akteingesellschaft (AG) (Germany), and Shiseido Company Ltd. (Japan). Other players in the value chain, even though not profiled in the report, include Combe, Inc., Conaire Corporation, Revlon, Inc., Godrej Industries Ltd., Mary Kay, Inc., and Amway Corporation.

Similar Reports:-

Professional Hair Care Market

Hand Cream Market

About Us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client’s insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

Contact Us

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, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975