A Market Place Research – Page 1458

Integrated Workplace Management System Market Statistics: A Huge Opportunity For Investors by 2027

Increase in adoption of workflow automation solutions by real estate organizations, focus on energy management by government, and increase in corporate social responsibilities (CSR) activities drive the growth of the IWMS Market. However, lack of awareness regarding IWMS solutions and scarcity of skilled workforce hinder the market growth. On the other hand, emergence of IoT and AI technologies creates new opportunities in the coming years.

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Based on industry vertical, the manufacturing segment held the highest market share, accounting for more than one-fifth of the total share of the global integrated workplace management system market in 2019, and will maintain its lead during the forecast period. This is attributed to its various benefits including management of operations & maintenance (O&M) and other projects from the same platform, insights offered on energy spending, and rise in productivity at all facilities. The healthcare segment is projected to grow at the fastest CAGR of 15.6% from 2020 to 2027, owing to factors such as changes in medicaid and other healthcare funding, establishment of urgent care facilities and ambulatory surgery centers, and increase in virtual care.

Based on deployment, the on-premise segment contributed to the highest share in 2019, accounting for nearly three-fifths of the global integrated workplace management system market, and is estimated to maintain its dominant share throughout the forecast period. This is due to preference of organizations to deploy solution in their own environment to gain optimal application performance and security of data. However, the cloud segment is estimated to manifest the highest CAGR of 16.6% from 2020 to 2027, owing to less investment required, flexible plans offered by vendors, and scalability.

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Based on region, North America contributed to the largest market share with nearly two-fifths of the global integrated workplace management system market in 2019, and is expected to maintain its dominant position by 2027. This is attributed to rise in adoption of smart buildings along with increase in need for automated & centralized control for accounting, workplace maintenance, and leasing management. However, Asia-pacific is expected to witness the fastest CAGR of 15.7% from 2020 to 2027. This is due to supportive government initiatives for digital technologies and energy-efficient infrastructure and regulations to offer a sustainable corporate environment.

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Key Findings Of The Study

By component, the services segment is expected to witness the highest CAGR during the forecast period.
On the basis of deployment mode, the cloud segment is expected to witness highest growth rate during the forecast period for integrated workplace management system market.
Depending on enterprise size, the large enterprises segment is accounted for the highest integrated workplace management system market size in 2019.
As per industry vertical segment, the manufacturing industry held the highest market share in 2019.
Region wise, North America accounted for the highest revenue in 2019; however, Asia-Pacific is anticipated to exhibit highest growth during the integrated workplace management system market forecast period.

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Baby Stroller Market (Industry) – New Pathways for Research and Innovation are Being Opened by Trends

With a surge in fitness culture and the reopening of parks, malls and various tourist spots across the globe, the sales of Jogging baby strollers and Lightweight baby strollers is projected to increase from the previous year. It can be a very convenient solution for parents who want a strong and dependable option that can keep up with the demands of their busy life.

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The CXOs further added that the demand for baby strollers is expected to rise significantly not only from the developed economics such as the U.S. Canada, and Mexico but also from some European countries. This is attributed to the fact that millennial population significantly influences the on-demand economy, which is expected to boost the e-commerce distribution of the baby stroller market.

According to the report published by Allied Market Research, the global baby stroller market garnered $1.9 billion in 2021, and is estimated to generate $3.4 billion by 2031, manifesting a CAGR of 5.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.

In Asia-Pacific, the baby stroller market is predicted to grow at the quickest rate during the forecast period as a result of urbanisation, improving consumer living standards, and a growth in demand for high-end baby products. Additionally, it is projected that the economies of China, South Korea, Japan, and India would continue to rise, opening up a number of opportunities for expansion.

The baby boomer generation has been increasingly interested in the baby stroller sector. Despite its popularity, baby stroller design advancements have advanced to new levels in recent years. A baby stroller’s primary purpose is to simplify parenting. According to the age and needs of the toddler as well as the needs of the consumers, which include needs depending on their lifestyle, strollers come in a variety of specification types and applications. Factors boosting the market for infant strollers The potential for simple travel with babies is expanded by significant variables like the rise in baby stroller market trends of travel among millennials and baby boomers, which accelerates the market growth rate.

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The study offers a thorough segmentation of the global market for baby strollers based on product type, age, distribution method, and geographic area. With the use of tables and figures, the paper goes into great detail about segments and their sub-segments. Market participants and investors can plan their strategies based on the fastest-growing and highest revenue-generating areas identified in the research.

In terms of product type, the lightweight stroller segment accounted for more than one-third of the worldwide baby stroller market in 2021 and is anticipated to maintain its dominance during the forecast period. Additionally, from 2022 to 2031, the same segment is anticipated to have the highest CAGR of 5.8%. The full-size stroller, jogging stroller, and double stroller divisions are also mentioned in the research.

According to age, the 6 – 12 months segment had the largest share in 2021, accounting for close to half of the worldwide baby stroller market. It is anticipated that this segment would continue to dominate the market in terms of revenue during the forecast period. Additionally, from 2022 to 2031, the same segment is anticipated to exhibit the highest CAGR of 6.1%. The study also examines time periods like 6 months and 12–36 months.

With more than two-fifths of the worldwide baby stroller market, the specialty store category held the largest share in 2021 and is anticipated to maintain its dominance during the forecast period. Additionally, it is predicted that during the projected period, the same segment would develop at the highest CAGR of 6.0%.

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Based on region, North America held the largest share in 2021, contributing to more than one-third of the total baby stroller market share, and is projected to maintain its dominant share in terms of revenue in 2031. However, the Asia-Pacific region is expected to manifest the fastest CAGR of 6.9% during the forecast period. The research also analyzes regions including Europe and LAMEA.

Leading market players of the global baby stroller market analyzed in the research include Artsana Group, Baby Bunting, Britax Excelsior Limited, Dorel Juvenile, Goodbaby International, Newell Brand, Peg Perego SpA, Pigeon Corporation, Mothercare, Summer Infant, Inc.

The report provides a detailed analysis of these key players of the global baby stroller market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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Baby Care Products Market : https://www.alliedmarketresearch.com/baby-care-products-market-A16900

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Enterprise Content Management System Market Statistics 2030: Top Impacting Factors, Global Opportunity

Rise in need for digital content due to the proliferation of online marketing & online customer and content development of the e-commerce industry have boosted the growth of the global enterprise content management system market. However, high initial costs of implementation and dearth of awareness to implement the right solution for the specific needs among SMEs hinder the market growth. On the contrary, surge in adoption of cloud-based enterprise content management systems would open new opportunities in the future.

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By deployment mode, the on-premise segment held the largest share in 2020, contributing to more than half of the global enterprise content management system market, owing to rise in need to secure critical data from unauthorized access and monitor the influx of data within the organization. However, the cloud segment is projected to manifest the highest CAGR of 12.5% during the forecast period, owing to the transfer of increase in amount of confidential data.

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By solution, the mobile content management segment is estimated to portray the highest CAGR of 14.9% during the forecast period, as it lets user to access information anytime, anywhere through mobile handsets to facilitate the uninterrupted business workflow. However, the web content management segment held the largest share in 2020, accounting for nearly one-fourth of the global enterprise content management system industry, owing to high growth rate associated with industries among developing nations to incorporate high security to understand threats and mitigate vulnerabilities.

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By region, the market across North America held the largest share in 2020, accounting for more than one-third of the global enterprise content management system market. This is due to focus on availing advanced industry-specific content management solution and services to sustain the competitive environment. However, the market across Asia-Pacific is expected to register the highest CAGR of 12.9% during the forecast period, owing to increase in expansion of business across the region.

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Covid-19 Scenario:

The Covid-19 pandemic had a positive impact on the market due to rise in need for content management as companies shifted their business online.
Companies become more inclined toward attracting consumers through social media sites, which increased the demand for content management systems.

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Transaction Monitoring Software Market Outlook 2025: Key Growth Factors and Opportunity Analysis by 2026

Increase in digitization of payment transactions, surge in need for mitigating money laundering, managing KYC compliance and CTF activities, growing identification of high-risk activities through advance analytics, and high demand for organizations to comply with stringent regulatory agreements fuel the growth of the global transaction monitoring software market. On the other hand, lack of transaction monitoring and AML professionals, and difficulties in managing cross-border as well as multi-jurisdictional AML-compliance curtail down the growth to some extent. However, integration of advance technology, and rise in the deployment of transaction monitoring system by SME’s are projected to usher in a number of opportunities in the near future.

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

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

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Based on geography, North America held the largest share in 2018, generating nearly two-fifths of the global transaction monitoring software market. This is because North American countries are expected to adopt transaction monitoring software at a high rate to bring great improvements in operational efficiency in IT infrastructure. Simultaneously, the Asia-Pacific region would cite the fastest CAGR of 17.5% by 2026.This is due to rise in digitalization in emerging economies such as China and India.

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Key Findings of the Transaction Monitoring Software Market :

By component, the solution segment led the transaction monitoring software market size in terms of revenue in 2018.
By organization size, the large enterprises accounted for the highest transaction monitoring software share in 2018.
By region, North America generated the highest revenue in 2018.
Depending on industry vertical, the government & defense segment is anticipated to exhibit substantial growth during the forecast period.

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Biorationals Market to Generate Substantial Increment in Opportunities Through 2022 to 2029

Biorationals are insecticides effective against the target pest, but less harmful to natural enemies. These products are obtained from the natural sources such as plant extracts and pathogens. The biorational products are widely used in structural pest control, agriculture, public health, forestry, turf, aquaculture, and home and garden. In addition, biorational products are typically derived from natural as well as biological methods. Moreover, rise in usage of environmental pest control technologies help the end users achieve agriculture sustainability and it maximizes the quality of crops. Furthermore, green crop protection initiative in the European region has motivated the bio rational producers to develop eco-friendly solutions and products for consumers in the agriculture industry.

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This report projects the trends and opportunities of the global biorationals market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period. Our research teams have used various secondary resources and directories such as industrial databases, journals, magazines, and primary resources coupled with industry oriented measures, which include industry-related expert interviews to obtain key information and valuables, which makes it an asset for players in the market.

Growth in demand for bio based products as an alternative to synthetic pesticides that cause harmful effects on farm products drive the growth of the global biorationals market. Moreover, harmful synthetic pesticides sprayed on vegetables could disrupt the endocrine system of the human body, thereby boosting the demand for the global biorationals market. In addition, deviating consumer trend towards natural and organic crop stress management products acts as another augmenting factor for market growth. Majorly, biorational products are widely embraced across agriculture, structural pest control, forestry, public health, aquaculture, and turf applications. Furthermore, pest control technologies enable maximum pest resistance, which makes biorational pesticides favorable among the farmers. This has led to substantial demand for sustainable products such as neem extracts, pheromones, repellents, and essential oils. The rise in concern toward food security with the help of sustainable strategies is expected to boost the demand for natural pesticides over the forecast period.

The global biorationals market is segmented based on product type, crop, application, and geography. By product type, the market is segmented into botanicals, semiochemical, and others (microbial agricultural materials and plant growth regulators). By crop, the market is divided into cereals & grains, fruits & vegetables, and others (plantation and cash crops). By application, the market is segmented into forestry, agriculture, public health, aquaculture & others (turf and structural pest control). Geographically, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

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Key market players in this sector involve Bayer AG, Isagro SpA, Summit Chemical Company, Gowan Company LLC, Inora, Agralan Ltd., BASF SE, Rentokil Initial Plc, Suterra LLC, and McLaughlin Gormley King.

Key Benefits For Stakeholders:

This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2017-2023, which will assist in identifying prevailing market opportunities.
Major countries in each region are mapped as per individual market revenue.
The region-wise and country-wise biorationals market conditions are comprehensively analyzed in the report. Increase in demand for biorationals as an alternative to pesticides is expected to drive the growth of the market.
Key players of the biorationals market are listed.
This study evaluates the competitive landscape and value chain to understand the competitive environment across geographies.
An in-depth analysis of segmentation of biorationals market within the market is provided, which helps determine the prevailing market opportunities.

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

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

Commercial Refrigeration Market Size, Top Key Players, Latest Trends, Regional Insights, and Industry Dynamics By 2027

According to a new report published by Allied Market Research, titled, “Commercial Refrigeration Market by Product and End User: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

The commercial refrigeration market size was valued at $28.19 billion in 2019, and is projected to reach $35.25 billion by 2027, growing at a CAGR of 4.4% from 2021 to 2027. Asia-Pacific is one of the prominent regions for commercial refrigeration, which accounted for 43.7% total market share in 2019.

The growth of the global market for commercial refrigeration is driven by increase in demand for frozen & chilled products among consumers due to changes in lifestyle and rapid urbanization. Moreover, development of the organized retail sector coupled with increase in number of hypermarkets and supermarkets boosts the commercial refrigeration market growth.

However, problems such as the need for frequent maintenance and potential technical issues arising due to lack of proper maintenance hamper the market growth. Contrarily, advancements in commercial refrigerators such as integration of artificial intelligence (AI) coupled with rise in trend of automation of equipment and upsurge in number of food outlets & quick service restaurants especially in emerging economies are anticipated to provide potential opportunities for the growth of the commercial refrigeration market.

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The medical refrigeration segment is expected to grow at the fastest CAGR of 5.1% throughout the forecast period, reaching $3.55 billion by 2027. This is attributed to rapid expansion of the retail pharmacy across the globe.

By end user, the supermarket/hypermarket segment accounted for a commercial refrigeration market share in 2019, and is expected to remain dominant during the forecast period. However, the retail pharmacies segment is expected to experience rapid growth with a CAGR of 6.0% from 2021 to 2027. This is attributed to the increased revenue from hospitals over the past few years, owing to rise in geriatric population and need for medical care.

Based on region, Asia-Pacific accounted for the largest share in 2019, holding more than two-fifths of the total market share, and will maintain its leadership status by 2027. However, LAMEA is expected to grow at the largest CAGR of 4.9% during the forecast period.

The commercial refrigeration industry is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Increase in demand for commercial refrigeration equipment in Asia-Pacific and LAMEA is expected in the near future, owing to rapid industrialization and implementation of automation in these regions. Moreover, rise in number of food outlets coupled with expansion of retail pharmacies and experience centers such as supermarkets and hypermarkets is expected to provide lucrative opportunities for the growth of the global market.

The key players profiled in the report include United Technologies Corporation, Daikin Industries Ltd., Illinois Tool Works Inc. (ITW), Johnson Controls International Plc, Dover Corporation, AB Electrolux, Panasonic Corporation, Ali Group S.r.l., Frigoglass S.A.I.C., and Haier Electronics Group Co., Ltd.

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○ To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.

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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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Industrial 5G Market -Observing Growing Popularity at a CAGR of 27.5% By 2031

The key factors that drive the industrial 5G market trends include an increase in demand for high latency and low latency networks among various industries and a surge in M2M connections across various industries. In addition, an increase in demand for next-generation telecommunication network services among enterprises fuels the industrial 5G market growth.

However, the high cost required to deploy 5G hampers the growth of the market. Furthermore, the rise in the adoption of IoT-based 5G infrastructure across various enterprises and a surge in the development of smart infrastructures, such as 5G-enabled factories, are expected to provide lucrative opportunities for the market.

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On the basis of enterprise size, large enterprises dominated the market share and is expected to continue this growth during the forecast period. This growth is attributed to heavy investment of large-scale organizations in 5G network.

The growing requirement of high-speed internet in large-scale organizations also drives the industrial 5G market. However, the small & medium enterprises segment recorded the highest growth rate due to major shift of small & medium business toward digitization and adoption of internet of things in thei regular operation, thereby driving the global market.

Region-wise, the industrial 5G market was dominated by North America in 2020, attributed to increase in adoption of advanced technologies, such as IoT, connected industries, telecommunication technologies (5G, LTE), additive manufacturing, and augmented reality, among various industries to improve their supply chain process and production process.

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However, Asia-Pacific is expected to witness significant growth rate during the forecast period, owing to increase in industrial and infrastructure expansion activities in India and China. In addition, countries, such as India, China, and Japan, are taking initiatives in the rapid deployment of 5G network across their countries, thereby drives the market growth.

Furthermore, key players in Asia-Pacific are focusing on enhancing their operations and increasing their overall efficiency to stay competitive in the market, which is expected to provide lucrative opportunities for the growth of the market during the forecast period.

The key players profiled in the industrial 5G market analysis are AT&T, Ericson, Huawei Technologies Co., Ltd, NEC Corporation, Nokia, Qualcomm Technologies, Inc., Samsung, SK Telecom, Verizon Communications Inc. and ZTE Corporation These players have adopted various strategies to increase their market penetration and strengthen their position in the industrial 5G industry.

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Virtual Tour Market Industry to Generate Substantial Increment in Opportunities Through 2020 to 2030

The virtual tour market was valued at $448.10 million in 2020, and is estimated to reach $6.5 billion by 2030, growing at a CAGR of 31% from 2021 to 2030. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

Surge in utilization by the real estate industry to display & commercialize their properties, increase engagement, and enhance experience along with increase in utilization in advertisements and promotions drive the growth of the global virtual tour market. However, lack of impactful user experience design and slow adoption of virtual reality solutions restrict the market growth. On the other hand, rise in internet connectivity and technological advancements create new opportunities in the coming years.

The global Virtual Tour Market Size was valued at $448.1 million in 2020, and is projected to reach $6,537.1 million by 2030, registering a CAGR of 31.0% from 2021 to 2030. The 3D virtual tour segment was the highest revenue contributor to the market, and is estimated to reach $2,810.2 million by 2030, with a CAGR of 30.4%.

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Growth of the real estate and tourism industry and increase in internet connectivity act as the Virtual Tour Market Trends of the global Virtual Tour Industry. In addition, increase in use of consumer electronic devices is expected to fuel the virtual tour market growth . However, lack of effective user experience design and slow adoption of virtual reality solutions among underdeveloped economies are the major factors that impede the market growth. Conversely, technological advancements and rise in application areas among various industry verticals are expected to provide lucrative Virtual Tour Market Demand for the market growth.

In 2020, on the basis of type, 3D Virtual Tour held the major virtual tour market share, and is expected to maintain its dominance in the upcoming years. This is due to rise in applications of virtual reality solutions in construction, tourism industry, healthcare, education, and real estate industries. However, the virtual reality tour segment is expected to witness highest growth, due to AR & VR technology benefits such as reduced field staff training costs, faster repairs, and greater customer satisfaction.

By Application, tourism segment held the major share of 35.6% in the global virtual tour market. Virtual reality technologically involves the use of VR headset, which helps to immerse a user in digital environment.

North America region held the major share in the virtual tour market. This is attributed to the increase in technological advancements in real estate and tourism sector, growth in penetration of gaming industry and remarkable growth in e-learning market.

The Covid-19 pandemic has a vital impact on the growth of the global Men’s Hair Care and Styling Products Market and altered several market scenarios. The lockdown across various countries and ban on international travel has disrupted the supply chain and revenue chain. The report includes a thorough analysis of the Covid-19 pandemic on the growth of the global Men’s Hair Care and Styling Products Market.

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The key market players profiled in the report include:

○ Pan 3sixty
○ Mi 360
○ 360 Pano Vr Solutions Pvt. Ltd
○ 360 Imagery
○ Exsight 360
○ Blueravenstudios
○ Invision Studio Inc
○ Starts360
○ Tourvista
○ Eye Revolution Ltd.

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Luxury Footwear Market Size is Booming Across the Globe and Witness Huge Growth by Key Players to 2030

According to a new report published by Allied Market Research, titled, “Luxury Footwear Market by Product (Formal Footwear and Casual Footwear), End Use (Men, Women, and Children), and Distribution Channel (Duty-free Stores, Online Stores, Discount Stores, Hypermarket, and Specialty Stores) Global Opportunity Analysis and Industry Forecast 2021–2030”. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

The global luxury footwear market was valued at $25,549.3 million in 2020, and is projected to reach $39,987.4 million by 2030, registering a CAGR of 4.7% from 2021 to 2030.

Luxury footwear are the footwear which are quite expensive as compared to normal footwear. It is because this kind of footwear can be customized according to customer’s need and demand. Thus, the luxury shoe is gaining traction in the market. The footwear aid in covering and protecting the foot from ground textures, temperatures, and gravel roads. Footwear are made up of different materials such as leather, plastic, rubber, and fabric. Leather is one of the prominent materials used for the first version of a footwear. Companies such as Nike are using eco-friendly raw materials such as recycled car tires, recycled carpet padding, organic cotton, and vegetable-dyed leathers for manufacturing footwear products.

The rise in number of working professionals has increased the overall demand for formal footwear and casual footwear. Rise in demand among children for a wide variety of footwear, augments the growth of the global market. In addition, increase in number of working professionals paired along with rise in fashion consciousness and need to look stylish & trendy fueled the overall growth of the luxury footwear market.

However, high prices and rise in popularity of footwear brands such as Nike, Adidas, and Puma have led to the advent of counterfeit brands. Counterfeit brands are usually available in developing economies where customers are highly price-sensitive. This factor hampers the sale of the existing original footwear brands in these economies.

The COVID-19 pandemic had negative impact on the luxury footwear market growth. The supply chain disruption had a negative impact on the luxury footwear market. But the e-commerce platforms helped to increase the sales of footwear to some extent. Increase in penetration of various online portals in developing regions and rise in number of offers or discounts attract consumers to purchase footwear through online channels. Moreover, online sales channel increased the consumer reach owing to which it has evolved as a key source of revenue for many companies.

Furthermore, the online sales market is expected to expand in the near future due to rapid growth in online and mobile user customer bases in emerging markets. Increase in e-commerce sales, improvements in logistics services, ease in payment options, and the facility to enter in new international markets for major brands further augment the growth of the luxury footwear market.

These major players have adopted various strategies to expand their market reach globally. The strategies such as product launch, business expansion, and partnership are adopted by market players.

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The prominent luxury footwear industry players include LVMH, Furla SpA, Longchamp, Luxottica Group, Mulberry Group, Vera Bradley, Guccio Gucci S.p.A., Samsonite International S.A./Tumi brand, Valentino S.p.A., and ZV France SAS.

Key Benefits For Stakeholders:

○ This report provides a quantitative analysis of current luxury footwear market trends, estimations, and dynamics of the global luxury footwear market from 2021 to 2030 to identify the prevailing luxury footwear market opportunities.
○ The Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
○ In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
○ Major countries in each region are mapped according to their revenue contribution to the global industry.
○ The market player positioning segment facilitates benchmarking while providing a clear understanding of the present position of the key market players.

The global luxury footwear market was valued at $25,549.3 million in 2020, and is projected to reach $39,987.4 million by 2030, registering a CAGR of 4.7% from 2021 to 2030.

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These major players have adopted various strategies to expand their market reach globally. The strategies such as product launch, business expansion, and partnership are adopted by market players.

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IP Telephony Market – New Innovations Trends, Research, Global Share and Growth Factor – 2029

According to a recent report published by Allied Market Research, the global IP telephony market size was valued at $2.13 billion in 2021 and is projected to reach $7.50 billion by 2030, growing at a CAGR of 13.7% from 2021 to 2030.

The surge in adoption by businesses, low costs of IP telephony systems, and ease in integration drive the growth of the global IP telephony market. However, the requirement for a stable & reliable internet connection and poor voice quality hinder the market growth. On the other hand, the integration of 5G technology in IP telephony systems presents new opportunities in the coming years.

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IP telephony provides a new way to business phones and improves communication by providing a cost-effective method, IP telephony systems are less expensive than traditional services, with some companies even providing free calls. Therefore, these are the key factors that boost the growth of the global IP Telephony market.

However, the IP telephony system’s quality of service is determined by a variety of elements, including broadband connection, hardware, network provider service, call destination, and others. Conversely, a number of start-ups are using IP telephony technology across numerous sectors.

Moreover, IP telephony is helping call center businesses to enhance their services by offering self-help alternatives that direct clients to easy answers, allowing call center operators to focus on more difficult situations. Therefore, these factors are expected to create an immense opportunity for the IP telephony market in the coming years.

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On the basis of offering, the services segment is expected to witness growth at the fastest rate during the forecast period. This is attributed to consumers increasingly preferring using VoIP phone service over traditional phone lines, as it offers many more capabilities than analog phones at a lower cost. Cloud phone service providers include powerful features not found with standard phone service, which include auto attendants, call recording, custom caller ID, voicemail to email, and others.

By region, the global IP telephony industry is being dominated by Asia-Pacific in 2021, and is expected to maintain this trend during the forecast period. This is attributed to businesses, especially those in the more advanced markets, investing in IP telephony solutions and upgrades that can be embedded or integrated with UC (unified communications) applications.

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In addition, IP telephony equipment vendors are adopting open standards and offering solutions that are backward compatible with legacy equipment to facilitate the migration toward next-generation networks. Therefore, these are the major growth factors in the IP telephony industry in the Asia-Pacific region.

Covid-19 Scenario

During the Covid-19 pandemic, mobile IP telephony apps became increasingly popular in different industry verticals. For instance, doctors and healthcare professionals benefited considerably from the usage of mobile IP telephony applications in offering consultation, providing training, and conducting meetings.
Moreover, the education sector utilized the IP telephony infrastructure considerably to facilitate video calling for online classrooms.
The commercial sectors enabled employees with IP video telephony to work from anywhere at any time and utilize remote access technologies. This enabled flexibility and helped employees in enhancing their work quality and productivity.

The key players profiled in the IP telephony market analysis are DIALPAD, INC., Freshworks Inc., Intermedia.net, Inc., Microsoft, Mitel Networks Corp., Ooma, Inc., RingCentral MVP, Vonage, Ziff Davis, Inc., and 8×8, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

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