A Market Place Research – Page 155

Surge Protector Market to Observe Strong Development by 2030

The Global Surge Protector Market size was valued at $3.9 billion in 2020 and is anticipated to generate $6.8 billion by 2030. The market is projected to experience growth at a CAGR of 5.4% from 2021 to 2030.

Power surge protector is designed to protect electrical appliances from voltage spikes. These protectors limit voltage supplied to an electric device by either blocking or shorting any unwanted voltages above a safe threshold limit to the ground. They are used in automatic control buses, electric power supply networks, telephone networks, and various communication systems.

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A common surge protector stops voltage spikes and surges, but not the violent, catastrophic burst of current from a close lightning strike. Direct lightning current is simply too big to shield with a little electronic device inside a power strip.

The key factor that drives the surge protector market includes increase in demand for usage of electrical and electronics appliances in commercial & residential sectors. Moreover, high costs incurred due to electrical equipment downtime have also encouraged adoption of whole house surge protector as it provides safety in industries and residences. Key factors that hamper the market growth are lack of awareness among small scale manufactures and competition from uninterrupted and non-fluctuating power supply systems. On the contrary, growth in awareness for need of surge protectors, rapid industrialization, and power supply issues in developing countries are anticipated to provide lucrative opportunities for the global market.

The global market is segmented on the basis of type, voltage, application, and sales channel. Depending on type, the market is divided into type 1, type 2, and type 3. On the basis of voltage, it is categorized into low, medium, and high. Based on application, it is bifurcated into residential, commercial, and industrial. By sales channel, the market is divided into online and offline.

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The key players operating and profiled in the surge protector industry report include ABB Ltd., Eaton Corporation, General Electric, Schneider Electric, Honeywell, Siemens AG, Johnson Controls, Legrand, Havells, and Vertiv Group Corp.

Key findings of the study

The global Surge Protector Market size is provided in terms of revenue
In 2020, the industrial segment accounted for about 49.3% of the share in the global market, and is expected to maintain its dominance till the end of the forecast period.
In 2020, the type 1 segment accounted for 43.8% surge protector market share in the year 2020, and is protector market.
Online sales channel is the fastest-growing segment in the global market, expected to grow at a CAGR of 5.6% during 2021–2030.
Type 1 is expected to grow at the fastest rate, registering a CAGR of 5.2%, throughout the forecast period
A comprehensive analysis of the factors that drive and restrain the global surge protector market growth is provided
The qualitative data in this report aims at the market trends, dynamics, and developments in the global surge protector industry
The global surge protector market forecast and estimations are based on factors impacting the market growth

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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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“Hyperautomation Market to Reach USD 98.3 Billion by 2031 – Witnesses Exponential Growth as Organizations Embrace Digital Transformation”

Digitalization of the traditional manufacturing plants, increased adoption of automated manufacturing processes by various industries, and high growth of digital transformation with advanced techniques in hyperautomation drive the growth of the global hyperautomation market. However, lack of skilled manpower and trainers in hyperautomation and high initial cost of automation system are expected to restrict the market growth. Moreover, increase in demand for automation among major industries presents new opportunities in the coming years.

According to the report, the global hyperautomation market generated $6.9 billion in 2021, and is anticipated to generate $98.3 billion by 2031, witnessing a CAGR of 30.4% from 2022 to 2031.

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COVID-19 IMPACTS:

• The hyperautomation market has recorded continuous investments for its developments and has become a massive contributor to the economic growth before 2020.

• However, the COVID-19 pandemic led to the implementation the global lokdown which resulted to substantially impact the value chain of the hyperautomation market.

• Furthermore, the COVID-19 pandemic impacted almost all the industries globally including hyperautomation and machinery. As a result, a drop was witnessed in the growth trend of the market during the first half of 2020.

• Nevertheless, the demand is expected to increase in the post-pandemic, due to the growing concern for smart automation, energy and resource efficiency.

Based on enterprise size, the large enterprise segment held the highest market share in 2021, accounting for more than two-thirds of the global hyperautomation market and is estimated to maintain its leadership status throughout the forecast period, owing to the growing need to increase their production and automate the process to reduce human interference during the production cycle. However, the SMEs segment is projected to manifest the highest CAGR of 32.2% from 2022 to 2031, owing to increase their business reach and the cost-effectiveness of hyper automation suitable for their requirements.

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Based on application, the supply chain segment held the highest market share in 2021, accounting for nearly two-fifths of the global hyperautomation market and is estimated to maintain its leadership status throughout the forecast period, as automation platform can connect all systems and create a centralized location for employees to access information, providing complete process visibility and orchestration. However, the human resources segment is projected to manifest the highest CAGR of 34.4% from 2022 to 2031, as it allows tracking data across HR functions, allowing companies to analyze different processes and their effectiveness.

Based on offering, the solution segment accounted for the largest share in 2021, contributing to more than two-thirds of the global hyperautomation market, and is projected to maintain its lead position during the forecast period, as they are helping business enterprises to secure their IT infrastructure. However, the services segment is expected to portray the largest CAGR of 32.6% from 2022 to 2031, owing to increasing demand for automation services among industries.

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Based on region, North America held the highest market share in terms of revenue in 2021, accounting for nearly two-fifths of the global hyperautomation market, and is likely to dominate the market during the forecast period. Increase in urbanization and surge in middle-class consumers in developing and developed markets have encouraged the adoption of convenience-oriented lifestyles, making sneaker more desirable for consumer of all age groups. However, the Asia-Pacific region is expected to witness the fastest CAGR of 34.1% from 2022 to 2031, owing to growing number of companies going digital and increasing digital transformation during the COVID-19 pandemic.

Key Market Players:

• Appian,

• Automation Anywhere,

• ALLERIN TECH PVT LTD,

• Catalytic,

• Celonis,

• Decisions,

• ElectroNeek Robotics Inc,

• G1ANT,

• Laiye,

• OneGlobe LLC,

• Infosys Limited,

• SolveXia,

• Tata Consultancy services,

• Microsoft Corporation,

• IBM Corporation,

• Process Maker

• Automate.io

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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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 in making strategic business decisions and achieving sustainable growth in their respective market domains.

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

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“Data Conversion Services Market to Reach USD 566 Billion by 2031- Rapidly Growing Market Set to Revolutionize Data Management”

Increase in volume of data within enterprise, rise in need for low-latency, real-time view and analytics on operational data have boosted the growth of the global data conversion services market. However, dearth of understanding of source data hinders the market growth. On the contrary, continued shift to the cloud would open new opportunities in the future.

As per the report, the global data conversion services market was accounted for $39.8 billion in 2021, and is expected to reach $566 billion by 2031, growing at a CAGR of 30.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

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COVID-19 IMPACTS:

• The Covid-19 outbreak has impacted the growth of data conversion service market due to rise in number of smartphone users, developments in the e-commerce sector, and growing adoption of connected devices.

• Digital and artificial intelligence industry can be used as professional assistant to manage and control the outbreak of the virus.

By service type, the HTML conversion services segment held the largest share in 2021, accounting for nearly one-fourth of the global data conversion services market, as HTML conversion services help organizations in streamlining their document management pipeline. However, the catalog conversion services segment is estimated to register the highest CAGR of 33.6% during the forecast period, due to notion of accessibility for customers and need to keep them updated about the happenings within the manufacturing product line.

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By industry vertical, the BFSI segment held the largest share in 2021, contributing to nearly one-fifth of the global data conversion services market, as adoption of data conversion services are relied upon to develop at a critical rate owing to development in digitalization of banking exchanges and big data analytics. However, the healthcare segment is expected to register the highest CAGR of 32.8% during the forecast period, owing to rise in demand for managing patient information, scheduling appointments, checking hospital inventory, and minimizing clinical errors.

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Key Market Players:

• Amazon Web Service (AWS)

• Attunity

• Damco Group

• Hitachi

• Informatica

• International Business Machine (IBM)

• Invensis Technologies Pvt Ltd.

• Intel Corporation

• Microsoft Corporation

• Oracle Corporation

• Precisely

• Qlik Technologies

• SAP SE

• SAS Institute

• Talend

• Tibco Software, Inc.

• Vista Equity Partners

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Retail Cash Management Market Growing Popularity and Emerging Trends: Tietoevry, Oracle Corporation, The Sage Group PLC

Managing and keeping track of banknotes and coins (cash) is critical in terms of retail sector operations and is also an integral aspect of both consumer transactions and relationships. Creating a thorough cash management plan is critical for improving employee productivity, providing outstanding customer service, and ultimately boosting profitability. Cash management solutions can hence enable retail sector businesses to boost their productivity by using automated cash storing and sorting devices in their regular day-to-day business operations. Furthermore, key factors that drive the growth of the retail cash management include the unavailability of a proper in-store workforce during the period of the COVID-19 pandemic aided in propelling the growth of the global retail cash management market.

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The retail cash management market was valued at $3.2 billion in 2021, and is estimated to reach $12.1 billion by 2031, growing at a CAGR of 14.5% from 2022 to 2031.

Moreover, the social distancing and sanitization policies implemented across various parts of the world further supported the growth of the retail cash management solutions market. However, implementation and maintenance costs of cash management solutions can hamper the retail cash management market forecast. On the contrary, advancements in technologies like big data and machine learning are expected to offer remunerative opportunities for the expansion of the retail cash management market during the forecast period.

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The cash management products with greatest loss were paper-based or tied to physical channels, while electronic and digitally enabled transactions experienced far less negative impact during the period of the pandemic. Moreover, as the adoption of new products and technologies are increasing, including further acceptance and utilization of virtual accounts, blockchain-enabled transactions, real-time payments and FinTech partnerships are essential for remaining competitive considering a rapidly evolving landscape. This in turn is expected to drive the retail cash management market growth.

Moreover, the government’s cash plans are being adjusted to reflect increased emergency spending, concurrent drops in revenues, and the financing of the crisis-related spending measures. The main task of the government’s cash managers is to ensure there is adequate liquidity to meet the government’s payment obligations as they fall due. In performing this task, the crisis poses several challenges, notably. Such factors are generating great opportunities for the growth of the retail cash management market size.

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The key players profiled in the retail cash management market analysis are ALVARA Digital Solutions GmbH, Aurionpro Solutions Limited, Giesecke+Devrient GmbH, Glory Global Solutions, NTT DATA Corporation, Nucleus Software Exports Ltd., Oracle Corporation, Sopra Banking Software SA, The Sage Group plc, and Tietoevry. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY FINDINGS OF THE STUDY

By enterprise size, the large enterprises segment accounted for the largest retail cash management market share in 2021.
By region, North America generated the highest revenue in 2021.
By component, the solution segment generated the highest revenue in 2021.

Regional Trending Reports:
Canada Retail Cash Management Market: https://www.alliedmarketresearch.com/canada-retail-cash-management-market-A19578

Europe Retail Cash Management Market: https://www.alliedmarketresearch.com/europe-retail-cash-management-market-A19579

Japan Retail Cash Management Market: https://www.alliedmarketresearch.com/japan-retail-cash-management-market-A19587

China Retail Cash Management Market: https://www.alliedmarketresearch.com/china-retail-cash-management-market-A19586

Trending Reports:
Video Banking Service Market: https://www.alliedmarketresearch.com/video-banking-service-market-A31651

Singapore Remittance Market: https://www.alliedmarketresearch.com/singapore-remittance-market-A15896

Real Estate Loans Market: https://www.alliedmarketresearch.com/real-estate-loans-market-A10048

Insurtech Market: https://www.alliedmarketresearch.com/insurtech-market-A12373

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.

Contactless Payments Market 2023 | New Pathways for Research and Innovation are Being Opened by Trends

The report presents an in-depth examination of the evolving market trends, effective successful approaches, prominent player placement, catalysts, and prospects within crucial segments. As outlined in the report, the worldwide contactless payments market achieved a total of $1,168 billion in 2019, with projections indicating a growth to $5,424 billion by 2027. This expansion is anticipated to occur at a compound annual growth rate (CAGR) of 20.6% from 2020 through 2027.

Real time transaction processing, reduced time for payment transactions, and benefits related to contactless payments market size such as flexibility and convenience drive the growth of the global contactless payments market. In addition, rise in demand for mobile and wearable payment devices and increase in adoption of technology by merchant further fuel the growth of the market. However, rise in rules and regulations issued by banks for payment hinders the market growth. On the other hand, integration of IoT with an existing contactless payment terminal and emerging economies create new opportunities in the industry.

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Covid-19 Scenarios-

The covid-19 outbreak positively impacted the contactless payments market. Social distancing norms have increased the demand for cashless payment activities.
The worldwide lockdown, furthermore, increased the trend of online shopping. This, in turn, further boosted the market growth.

Based on device type, the smartphones and wearable segment held the largest market share in 2019 with around three-fifths of the total market share. In addition, the segment is anticipated to maintain its leadership status during the forecast period. However, the smart cards segment is expected to manifest the fastest growth, with a CAGR of 24.4% from 2020 to 2027. Furthermore, the report also involves PoS terminals segment.

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Based on application, the food and groceries segment held the major share of the market in terms of revenue in 2020, contributing to around one-fifth of the total market share. The segment is expected to rule the roost throughout the forecast period. However, the media and entertainment segment would register the fastest CAGR of 24.0% from 2020 to 2027. The report also studies segments including consumer electronics, restaurants and bars, pharmacy and drug stores, and others.

Based on region, the market across Europe contributed to more than one-third of the total market share in 2019 and is expected to maintain its dominance by 2027. On the other hand. Asia-Pacific is expected to register the highest CAGR of 22.1% from 2020 to 2027. Other regions studied in the report include LAMEA and North America.

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Market player in the report include Gemalto, Giesecke+Devrient, Ingenico, InsideSecure, Oberthur Technologies S.A., On Track Innovations, PAX Technology, Inc., Proxama Plc, Verifone, and Wirecard.

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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.

Foldable Smartphone Market to expand annually by 26% CAGR for the next eight years Prediction by AMR

Foldable smartphones Market are featured on flexible screen technology that can be twisted and folded like paper. In addition, a flexible screen is an emerging technology and it is expected to modernize semiconductors and electronics shortly. This is due to the high demand for foldable screens from smartphone manufacturers and rapid innovations in OLED and AMOLED technologies. These are the various foldable screens developed by companies such as Samsung Electronics, LG, Visinox, and Huawei with different specifications on pixel density, thickness, and material used.

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Furthermore, an increase in demand for advanced consumer electronics and a growing number of internet users is boosting the growth of the foldable smartphone market. In addition, the rising demand for Phablet positively impacts the growth of the foldable smartphone market. However, the high cost of advanced technology and manufacturing complexity of foldable displays is hampering the foldable smartphone industry growth. On the contrary, expanding the product portfolio of smartphone vendors is expected to offer remunerative opportunities for expansion during the foldable smartphone market forecast.

KEY FINDINGS OF THE STUDY:

► By display panel type, the flip segment accounted for the largest deception technology market share in 2021.

► Region wise, North America generated highest revenue in 2021.

► Depending on sales channel, the online segment generated the highest revenue in 2021.

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Depending on sales channel, the online segment holds the largest foldable smartphone market share, owing to it save time as compared to offline. However, the online segment is expected to grow at the highest rate during the forecast period, owing to it has the ability to search extensively, compare widely amongst multiple brands.

Region-wise, the foldable smartphone market size was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to technological advancements and the emergence of new business models. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the presence of leading players such as Huawei, Lenovo, ZTE, and Xiaomi.

Foldable smartphone market has witnessed stable growth during the COVID-19 pandemic as manufacturing processes are provisionally closed across several countries to contain the virus. There is also a shortage of mobile chipsets in the market due to distractions in manufacturing. In addition, several manufacturing companies such as Samsung, Xiaomi, OPPO, and LG Display have suspended their manufacturing operations in China, India, South Korea, and European countries. As China is a hub for electronics equipment’s and companies inclines to manufacture their products in China, the market due to COVID-19 has drastically dropped. For instance, in May 2020, OPPO Company closed down its processes in Noida, India. Additionally, demand for foldable smartphone devices has decreased due to lockdowns imposed in several countries.

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Key Market Players:

► ASUSTeK Computer Inc

► Huawei Technologies Co., Ltd

► LG Electronics

► Microsoft Corporation

► Motorola Mobility LLC

► Samsung

► TCL Technology

► Vivo Mobile Pvt Ltd

► Xiaomi Corporation

► ZTE Corporation

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About us:

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

This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Product Analytics Market to Grow at 22.7% CAGR by 2022-2031, Says Allied Market Research

Nowadays, customers need advancement in every product they use. With this growing consumer trend toward advanced products, many manufacturers and leading companies have started developing innovative products to adopt their strategic growth. In this regard, enterprises used advanced business strategies such as convergence of technology, AI, ML and others to survive in the competition, thus providing lucrative opportunities for the product analytics market growth in the upcoming years.

Depending on component, the software segment dominated the product analytics market size in 2021 and is expected to continue this trend during the forecast period. The adoption of product analytics provides numerous benefits to the industry such as, streamline the business process, and reduces the time and costs, further fuel the growth of the market. However, the services segment highest growth market share in the upcoming year. The adoption of product analytics services enhances software implementation, maximize the value of existing installation by optimizing it, and minimize the deployment cost & risks, and others, further fuel the product analytics market forecast for this segment.

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KEY FINDINGS OF THE STUDY:

► By Component, the software segment accounted for the largest product analytics market share in 2021.

► By Deployment Mode, the on-premise segment accounted for the largest product analytics market share in 2021.

► By Application, the consumer engagement segment accounted for the largest product analytics market share in 2021.

► By End User, the large enterprises segment accounted for the largest product analytics market share in 2021.

► On the basis of Industry Vertical, the consumer goods and retail segment accounted for the largest product analytics market share in 2021.

► Region wise, North America generated highest revenue in 2021.

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Region-wise, North America dominated the market share in 2021 for the product analytics market. Adoption of product analytics solution growing steadily to meet increasing demands from today’s businesses to enhance their business process and improve the customer experience will provide lucrative opportunities for the market in this region. However, Asia-Pacific is expected to exhibit highest growth during the forecast period. This is attributed to increase in penetration of advanced technology and higher adoption of cloud-based solution and services, are particularly fueling regional market growth.

The outbreak of COVID-19 will surely provide numerous opportunities for the market to grow in the forecasted period. These opportunities include the rise in digital transformation trend in the enterprises; upsurge in adoption of cloud-based solutions by SMEs businesses and emergence of advanced technology such AI, ML, big data and others.

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In addition, rise in remote working has proliferated the digital product analytics industry as the end users were locked down at their homes. Hence, companies are focusing on content services strategies as the product analytics offer simpler and much informative digital platforms with the comparative prices of the rivals and helps in better decision making. In addition, consumer behaviors have evolved, as a result of greater connectivity via cellphones and social media. This in turn boosts the market growth.

Key Market Players:

► Adobe Inc.

► Alphabet Inc.

► Amplitude, Inc.

► IBM Corporation

► LatentView Analytics

► Medallia Inc.

► Mixpanel

► Oracle Corporation

► Pendo.io Inc.

► Salesforce, Inc.

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#205, Portland, OR 97220

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Synthetic Rope Market Top Growth Companies Global Growth, Size, Trends, Industry Analysis, Key Players by 2025

According to a new report published by Allied Market Research, titled,“Synthetic Rope Market by Type and End Use: Global Opportunity Analysis and Industry Forecast, 2018 – 2025,”the global synthetic rope market accounted for $1,326.1 million in 2017 and is anticipated to reach $2,183.2 million by 2025, registering a CAGR of 6.3% from 2018 to 2025. A synthetic rope is made by twisting or braiding synthetic fibers such as polypropylene, polyester, nylon, polyethylene, and specialty fibers. The demand for synthetic rope has increased significantly in industries such as oil & gas, construction, and marine & fishing due to its benefits such as better abrasion resistance, high breaking strength, and good strength-to-weight ratio

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“Synthetic ropes are expected to witness significant adoption rate on account of its growing application in oil & gas extraction activities and construction projects. The trend of collaborative approaches has been observed in this industry by the market players to cater developing demand specifically in mining industry.”

The global synthetic rope market is expected to experience rapid growth over the forecast period due to rise in consumption of synthetic fibers in oil & gas, construction, and marine & fishing industries. On the contrary, high cost of raw materials is expected to hamper the growth of the global market. However, the market is expected to overcome this restraint during the forecast period, owing to increase in awareness about such products among end users. Furthermore, advancements in the properties of raw materials used for manufacturing synthetic rope are expected to provide lucrative growth opportunities for the global synthetic rope market.

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Key Findings of the Synthetic Rope Market:

The polypropylene segment accounted for a share of nearly 26% in the global synthetic rope market in 2017.
The polyethylene segment is anticipated to grow with the highest CAGR of 7.0% throughout the forecast period.
North America accounted for more than 34% of the global synthetic rope market in 2017.

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The major players operating in the global liquid chlorine market:

The major companies profiled in the report include WireCo WorldGroup, Actuant Corporation, Bridon-Bekaert Ropes Group, and Southern Ropes (SR). The other prominent players in the market include English Braids Ltd., TEUFELBERGER, Atlantic Braids Ltd., Bexco nv-sa (Bexco), Responsive Industries Ltd., and Touwfabriek Langman B.V. These key players are adopting different strategies such as product launch, expansion, merger, and partnership to sustain in the market. For instance, TEUFELBERGER acquired fiber rope manufacturer TexTech in 2014, which reinforced the geographical presence of the company. TexTech Cord is a Thailand-based fiber rope manufacturer of polypropylene, nylon, and polyester, intended especially for applications in the sailing and yachting segment.

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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. 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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Hip Orthosis Market Expected to Reach $0.55 Billion by 2030

Hip pain is the sensation of discomfort in or else around the hip joint, where upper end (head) of the thigh bone (femur) fits into the socket of the hip bone. Hip pain has a number of causes, most of which are related to degeneration, injury, or inflammation of the muscles, bones, joints, and tendons located in the hip area. Furthermore, there are common causes of hip pain include arthritis, bursitis, bone fracture, muscle spasms and strains. Hip pain can also result from disorders causing pain radiating from the spine and back, such as sciatica and herniated discs. This type of hip disorder will further require hip orthosis as a support. Hip orthosis is an external orthopedic device that restricts hip movement. After complete hip replacement, a hip orthosis is utilized to prevent adduction and internal rotation, which can lead to hip dislocation and hip flexion motions. In infants with dysplasia of the hip, which causes hip instability, a hip abduction orthosis or Pavlik harness is used to position the hips in flexion. In children, hip abduction orthosis is used to treat children with the Legg–Calve–Perthes disease.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

Ottobock SE & Co. KGaA, Colfax Corporation (DJO Global, Inc.), Blunding, Innovation Rehab LTD,, Restorative Care of America, Inc.(RCAI), Becker Orthopedic, .Bauerfeind AG, Hanger Inc., Steeper Group, Ossur HF

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/3416

The factors driving the growth of the hip orthosis market are exponential surge in elderly population and technological advancements in hip orthoses such as anterior approach for total hip replacement, rise in incidence of musculoskeletal conditions and increase in number of road accidents.. In addition, increase in awareness about the benefits of hip orthosis on the quality of life, which has encouraged patients to opt for hip orthosis, especially in the developing countries such as in India and China. Moreover, improvement in healthcare infrastructure in developing countries has led to the growth of the hip orthosis market. Furthermore, rising pool of hip fractures, hip osteoarthritis, favorable reimbursement scenario, and technological advancements are the major factors responsible for the growth of this market. Additionally, the growing health awareness among masses, along with increase in the spending capacity of the population are propelling the market growth. However, high costs of hip orthosis and changes in payer reimbursements negatively affect the net sales volume of hip orthosis, which, in turn, hampers the market growth.

The report segments the hip orthosis market based on modality, product type, application, and age group. On the basis of product type, the market is categorized into hip abduction, sacroiliac (SI) belt, hernia belt, and range of motion. The applications covered in the study include hip fracture, hip dislocation, osteoarthritis, congenital dysplasia of the hip, coxa valgum, and others. By modality, the market fragmented into fixed and wearable hip orthosis. Depending on age group, it is segregated into infants, children, youth, and others.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/3416

On the basis of age group, the adult segment is expected to register the fastest growth rate during the forecast period. This is attributed to the fact that aged individuals are highly susceptible to orthopedic injuries as compared to children. As a result, increase has been witnessed in the number of adults seeking treatment for orthosis and prosthetics.

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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.

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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Europe Biodegradable Plastics Market Analysis: Current and Future Trends | Forecast till 2032

Infographics_Europe Biodegradable Plastics Market,2020-2027

According to the report published by Allied Market Research, the Europe Biodegradable Plastics Market garnered $0.8 billion in 2019, and is estimated to reach $1.9 billion by 2027, registering a CAGR of 10.9% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and fluctuating market trends.

Eco-friendly nature and rise in consumer adoption of biodegradable plastics, high demand of biodegradable plastic in food packaging application, and favorable government toward bioplastic augment the growth of the Europe biodegradable plastics market. Nevertheless, high cost of biodegradable plastic restrains the market growth. However, rise in CSR activities and decreasing dependence on petroleum resource is expected to usher new opportunities in the near future.

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COVID-19 Scenario-
• The outbreak of coronavirus has decreased the demand for plastic bags including biodegradable bags. In addition, the consumers are bringing their old fabric and plastic bags to the stores, as the storekeepers are not supplying carry bags to prevent further spread.
• The supply chain disruptions due to irregular transport, on the other hand, have resulted in a shortage of raw materials such as corn starch which has disturbed the manufacturing processes as well.
• Owing to the COVID-19 pandemic, governments across different countries made several changes in their regulations regarding disposable and single use plastics to prevent further spread of the virus, which led to sluggish growth of biodegradable plastics market.

The market is segmented on the basis of type, application, and country. Based on type, the market is divided into polylactic acid (PLA), polybutylene adipate terephthalate (PBAT), polybutylene succinate (PBS), polyhydroxyalkanoates (PHA), starch blends, and others. The starch blend segment accounted for more than one-third of the Europe biodegradable plastics market in 2019, and is expected to maintain its dominance in terms of revenue throughout the forecast period. On the other hand, the PLA segment is estimated to portray the highest CAGR of 11.7% from 2020 to 2027.

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Based on applications, the market is categorized into packaging, agriculture, textile, consumer durable, and others. The packaging segment contributed to the highest market share with more than two-thirds of the Europe biodegradable plastics market in 2019, and is estimated to dominate throughout the forecast period. Nevertheless, the agriculture segment is estimated to generate the fastest CAGR of 11.5% from 2020 to 2027.

Based on country, the Europe biodegradable plastics market across France accounted for the highest share based on revenue, holding for around one-fourth of the revenue in 2019, and is expected to rule the roost throughout the forecast period. Conversely, Poland is estimated to portray the fastest CAGR of 14.6% from 2020 to 2027. The report also includes regions such as UK, Germany, Italy, Spain, Romania, Bulgaria, Hungary, Slovakia, Slovenia, Czech Republic, Austria, and rest of Europe.

The frontrunners profiled in the report include Danimer Scientific, Dow Inc., BASF SE, Biotec Pvt. Ltd., Biotrem, Eastman Chemical Company, Hemp Plastic, Minima, Mitsubishi Chemical Holdings, Novamont SpA, and Solanyl Biopolymers.

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

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