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.
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.
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.
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.
Allied Market Research published a report, titled, “AI in Fintech Market by Component (Solution, Services), by Deployment Mode (On-premise, Cloud), by Application (Virtual Assistants (Chatbots), Business Analytics and Reporting, Customer Behavioral Analytics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”. According to the report, the global AI in fintech industry generated $8.23 billion in 2021, and is anticipated to generate $61.30 billion by 2031, witnessing a CAGR of 22.5% from 2022 to 2031.
AI has proven to be such a success in the Fintech sector as it provides a massive boost to security. AI in cyber security generally comes in the form of chat-bots that convert frequently asked questions into simulated conversations. In addition, they can reset forgotten passwords or grant additional access where necessary. Moreover, customer service is one of the most prominent areas of Fintech that has been improved by artificial intelligence. The increasing sophistication of artificial intelligence has resulted in chatbots, virtual helpers, and artificial intelligence interfaces that can reliably interact with customers. The ability to answer basic queries offers massive potential in reducing front office and helpline costs.
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Improved customer services with the help of chatbots, virtual helpers, and artificial intelligence interfaces and use in fraud detection drive the growth of the global AI in fintech market. However, strict laws restrain the market growth. Contrarily, fintech companies are increasingly harnessing the power of AI for fintech crypto to automate workflows, improve decision making, and add value. Therefore, this is a major factor expected to provide lucrative opportunity in the coming years.
Covid-19 Scenario
The outbreak of the COVID-19 pandemic has had a positive impact on the growth of the AI in fintech market. This is due to adoption of advanced technologies such as artificial intelligence by most of the fintech companies. This technology is helping fintech companies by making both credit repair and credit monitoring faster and more accurate than before, thus providing customer satisfaction.
Furthermore, from process automation to using biometric identification to reduce credit fraud, AI is fueling improvements that deliver better results for consumers while also helping the fintech industry leaders operate more efficiently and profitably than before.
Moreover, many fintech companies have experienced a surge in demand as working practices and customer banking habits changed during the COVID-19 pandemic. The advent of AI-based financial services has created faster, more efficient, and typically cheaper banking as compared to traditional financial services.
This trend is going to continue in the post-pandemic as well.
Scope of the Report: –
Report Attribute
Details
Revenue forecast in 2030
$61.30 billion
Growth rate
CAGR of 3.8% from 2022 to 2031
Forecast period
2022 – 2031
Report coverage
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Regional scope
North America, Europe, Asia Pacific, Latin America, MEA
Country scope
U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, China, India, South Korea, Australia, Brazil, Mexico, South Africa, Saudi Arabia
Key companies profiled
Amazon Web Services, Inc., Cisco Systems, Inc., ComplyAdvantage, Cognizant, Capgemini, FICO, Google, Hewlett Packard Enterprise Development LP, HCL Technologies Limited, IBM, Intel Corporation, Inbenta Holdings Inc., Microsoft, Oracle, Saleforce, Inc., SAP SE, and TIBCO Software, Inc. Access Table PDF
Specific Requirement on COVID-19? Ask to Our Industry Expert:
The on-premisesegment to maintain its lead position during the forecast period
Based on deployment mode, the on-premise segment accounted for the largest share in 2021, contributing to around two-thirds of the global AI in fintech market. On-premise deployment offers enhanced security features, which drive their adoption for AI in financial technologies. However, the cloud segment is expected to portray the largest CAGR of 28.9% from 2022 to 2031, owing to the advantage of cloud deployment in enabling businesses to manage volatile work environments.
The virtual assistant (chatbots) segment to maintain its lead position during the forecast period
Based on application, the virtual assistant (chatbots) segment accounted for the largest share in 2021, contributing to more than one-third of the global AI in fintech market, and is projected to maintain its lead position during the forecast period. With a robust increase in the number of online applications & smart devices that are required in the connected world, the need for the exposing additional data through the API technology is rising in the market. Furthermore, there is increase in requirement for the businesses to adopt the API technology to provide the personalized and better user experience. These factors play a crucial role for making this segment the fastest growing segment. The research also analyzes business analytics and reporting & customer behavioral analytics segments.
The solutionssegment to maintain its leadership status throughout the forecast period
Based on component, the solutions segment held the highest market share in 2021, accounting for more than three-fifths of the global AI in Fintech market, and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the fact that most fintech firms have started adopting AI and advanced machine learning algorithms to manage the massive volume of data being generated for meaningful insights and better-informed decisions. However, the services segment is projected to manifest the highest CAGR of 26.9% from 2022 to 2031, due to rise in demand for software-as-a-service (SaaS).
North America to maintain its dominance by 2031
Based on region, North America held the highest market share in terms of revenue 2021, accounting for more than one-third of the global AI in fintech market. The increasing adoption of technology in the finance sector, such as artificial intelligence (AI) and machine learning (ML) is a major factor for the growth of AI in FinTech market in North America. However, the Asia-Pacific region is expected to witness the fastest CAGR of 25.0% from 2022 to 2031. This is due to the fact that surge in adoption of artificial intelligence (AI) and machine learning (ML) in financial markets in the region.
The report provides a detailed analysis of these key players of the 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.
Key benefits for stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the AI in Fintech market analysis from 2021 to 2031 to identify the prevailing AI in Fintech market opportunity.
In-depth analysis of the AI in Fintech market share assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global AI in Fintech market forecast.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global AI in Fintech market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
Component
Solution
Services
Deployment Mode
On-premise
Cloud
Application
Others
Virtual Assistants (Chatbots)
Business Analytics and Reporting
Customer Behavioral Analytics
By Region
North America
U.S.
Canada
Europe
United Kingdom
Germany
France
Spain
Russia
Netherlands
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Singapore
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Leading Market Players: –
Amazon Web Services, Inc.
Cisco Systems, Inc.
ComplyAdvantage
Cognizant
Capgemini
FICO
Google
Hewlett Packard Enterprise Development LP
HCL Technologies Limited
IBM
Intel Corporation
Inbenta Holdings Inc.
Microsoft
Oracle
Saleforce, Inc.
SAP SE
TIBCO Software, Inc.
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“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”
Trending Reports in BFSI Industry (Book Now with 10% Discount + Covid-19 scenario):
Mobile banking market was valued at $715.3 million in 2018 and is expected to reach $1,824.7 million by 2026, registering a CAGR of 12.2% from 2019 to 2026.
Financial services software market size was valued at $118.65 billion in 2021, and is projected to reach $282.71 billion by 2031, growing at a CAGR of 9.2% from 2022 to 2031.
Parametric insurance market was valued at $11.7 billion in 2021, and is projected to reach $29.3 billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.
Latin America pet insurance market was valued at $0.28 billion in 2020, and is projected to reach $1.27 billion by 2030, growing at a CAGR of 16.4% from 2021 to 2030.
AI in banking market size was valued at $3.88 billion in 2020, and is projected to reach $64.03 billion by 2030, growing at a CAGR of 32.6% from 2021 to 2030.
Credit rating software market size was valued at $0.42 billion in 2020, and is projected to reach $1.92 billion by 2030, growing at a CAGR of 16.5% from 2021 to 2030.
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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.
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The digital logistics market is driven by various factors such as use of applications in logistics, high volume of data and improved service quality, and rapid of growth of IT solutions for the business. Rapid rate of adoption is considered as one of the major drivers of the market. Security, privacy, and lack of IT infrastructure restrain the adoption of digital logistics products.
Growing E-commerce sector, high adoption of cloud technology, and globalization of the retail markets are creating sufficient opportunities in the digital logistics market. However, the expensive data exchange charges between the devices required for the communication are a major challenge for the digital logistic market.
The digital logistics market is characterized by intense competition and presence of regional as well as international players. The key market players are adopting strategies such as collaboration, acquisition, and technological innovation to extend their market reach. For example GE Oil and Gas Inc. acquired Advantech Co. in October 2015 to fuel the innovation of Advantech Co.
The report segments the digital logistics market on the basis of product, application, industry vertical, and geographic region. The product is further bifurcated into system and service. On the basis of system, it is divided into tracking and monitoring system, information integrated system, information integrated system, electronic data interchange system, database management system, fleet management, and other management system.
The service segment includes consulting, system integration, and other classification. The application segment is categorized into warehouse, labor, and transport management. Based on industry vertical, the global digital logistics market is segmented into banking, financial, and insurance (BFSI), aerospace & defense, healthcare, public sector, IT & telecom, retail, and others. Geographic breakdown and deep analysis of each of the aforementioned segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Most of the organizations are adopting digital logistics systems to update themselves as the times change, to be more flexible and competitive in the market. The major players of this market are Advantech Co., Ltd, SAP SE, IBM Corporation, Oracle Corporation, Tech Mahindra, HCL Technologies Limited, Huawei Technologies Co., Ltd, SAMSUNG ELECTRONIC LOGITECH Corporation, JDA Software Group, Inc., and Hexaware Technologies.
This report provides an extensive analysis of the current and emerging market trends and dynamics in the global digital logistics market.
In-depth analysis has been done in this report by constructing market estimations for the key market segments between 2017 and 2022.
Geographically, the digital logistics market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA.
This report entails the detailed quantitative analysis of the current market and estimations through 2016-2023, which assists in identifying the prevailing market opportunities.
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework
Comprehensive analysis of all regions is provided that determines the prevailing opportunities in these geographies
Comprehensive analysis of factors that drive and restrict the growth of the global digital logistics market is provided. For instance, increasing need of operational efficiency drives the global digital logistics market however lack of IT infrastructure is likely to be a major restraint of the market.
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.
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Allied Market Research recently published a report, “Digital Textile Printing Market by Ink Type (Reactive, Acid, Direct Disperse, Sublimation, Pigment, and Others) Substrate (Cotton, Silk, Polyester, and Others), Application (Clothing/Garments, Households, Technical Textiles, Display, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027″. The global digital textile printing market size was valued at $2.0 billion in 2020, and expected to reach $7.9 billion by 2030, at a CAGR of 14.8% from 2021 to 2030.
Drivers, restraints, and opportunities Surge in demand for 3D printing technologies, advancements in printing methods, and shift in fashion trends drive the growth of the global digital textile printing market. However, high cost of equipment and raw materials and the harmful environmental impact of digital textile printing hamper the market. On the contrary, rise in demand from emerging economies creates new opportunities for the market players.
Covid-19 scenario: The emergence of Covid-19 has drastically impacted the global digital textile printing industry.
As per the United Nations Conference on Trade and Development (UNCTAD), the outbreak of Covid-19 has impacted the global FDI by 5–15%. This negative impact on the FDI investment hampered manufacturers due to the dearth of raw materials and lockdown across various countries.
However, government relief funds are expected to minimize the overall impact on the market growth.
Sublimation segment dominated the market By ink type, the sublimation segment held the largest share in 2019, accounting for nearly half of the global digital textile printing market, owing to the increasing demand for dye-sublimation and customized printing services. However, the pigments segment is expected to register the highest CAGR of 21.9% during the forecast period, due to surge in penetration of pigments in fashion and sportswear because of their high durability and color stability.
Display & Others segment to manifest fastest CAGR through 2027 By application, the display & others segment held the largest share in 2019, contributing to more than half of the global digital textile printing market, due to the shifting trend toward the application of eco-friendly inks in electronic circuits. The circuits are made with scalable inkjet printing using advanced digital textile printing methods. However, the household segment is estimated to portray the highest CAGR of 20.7% during the forecast period. This is due to the superior flexibility of digital textile printing in terms of color and design.
Europe, followed by Asia-Pacific and North America, held largest share The global digital textile printing market across Europe, followed by Asia-Pacific, dominated in 2019, accounting for more than one-third of the market, owing to presence of large number of manufacturers with a steadily growing demand for digital textile printing. However, the market across Asia-Pacific is expected to register the highest CAGR of 20.7% during the forecast period, due to upsurge in demand for low-cost cotton fabric for household products. The market across North America is expected to register a CAGR of 18.9% during the study period.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
According to the “Chronic Pain Market: Global Opportunity Analysis and Industry Forecast, 2018-2025.” report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled with imminent market trends and opportunities. Moreover, the study also doles out different logical tables and graphs to identify the complexities of the market.
Chronic pain is caused by pain signals in the nervous system that can last for months, even years. Pain that lasts for at least 12 weeks is usually considered chronic pain. It is commonly caused by cancer, arthritis, and neurogenic pain, however, some people experience chronic pain in the absence of previous injury, commonly called psychogenic pain. Some commonly used medications for chronic pain are nonsteroidal anti-inflammatory drugs, opioid pain relievers, and over-the-counter pain relievers. However, patients as well as healthcare professionals are actively seeking alternative pain relief treatments due to increased awareness of the potential consequences of long-term use of pain treatment medications, such as addiction and the risk of side effects.
Increase in aging population, increase in government funding for treatment and prevalence of chronic health conditions are the significant factors driving the market growth. Moreover, increasing adoption of pain management solutions such as analgesic infusion pumps and non-opioid pain treatment methods has fueled the market growth. Initiatives implemented by national and international government organizations to create global awareness and funding for chronic pain management play a significant role in market growth. For example, the International Association for the Study of Pain launched a project in January 2018 to advance pain education and practice in developing countries by providing grants to developing countries.
The chronic pain market is segmented based on product, application, end user, and region. Depending on product, the market is divided into devices and drugs. The applications covered in the market include cancer pain, postoperative pain, low back pain, orthopedic, neuropathic, fibromyalgia, anesthesia, cough suppression, diarrhea suppression, and de-addiction. On the basis of end user, the market is classified into hospital, clinics, and research organization. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:
This report provides a detailed quantitative analysis of the current trends and future estimations from 2018 to 2025, which assists to identify the prevailing chronic pain market opportunities.
An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
A comprehensive analysis of the factors that drive and restrain the growth of the global chronic pain market is provided.
Region-wise and country-wise chronic pain market conditions are comprehensively analyzed in this report.
Key market players within the chronic pain market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the global chronic pain market.
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 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com
5G private technology work is similar to that of any public 5G network. The main difference between public and private 5G network technology is that who owns the license and who owns and operates the network’s infrastructure and base station. Moreover, several mission-critical applications across industries, such as manufacturing, oil & gas, aerospace, and transportation, have increased the demand for time-sensitive networking and real-time base networking. This time-sensitive networking and real-time base networking require high-speed bandwidth connectivity, which is provided by 5G Enterprise Private Network Market. Therefore, the market is expected to grow during the forecast period.
Accelerated by the developments, such as Wi-Fi 6, one of the dominant in unlicensed wireless network technology is said to continue in many enterprises. As new market segments are evolving, to keep up with competition and trends existing businesses reinventing to meet the socio-economic demands. To address critical wireless communication requirements in public safety, operations of industries, and critical infrastructure, new generations of private 5G networks are emerging. 5G networks platform offers many network advantages such as increased reliability, low latency, improved security, faster data transmission, and connection to more edge devices.
Top Impacting Factors: Market Scenario Analysis, Trends, and Drivers
The emergence of the Industry 4.0 is one of the key driving factors of the 5G enterprise private network market. Operational efficiency using advanced technologies, such as robotics, artificial intelligence, cloud computing, and connected sensors, is possible with the use 5G private network to process large amounts of data. Furthermore, the growing adoption of private 5G networks for the management of large infrastructure devices through network slice is another factor that drives the 5G enterprise private network market growth. Furnishing of different services with the amount of speed, latency, and reliability is done with the help of a network slice, which is a logically separated, self-contained, independent, and a secured part of the network.
One of the major restrains for the 5G private network market is that most organizations and enterprises adopt Wi-Fi communication technology. Many business organizations depend on Wi-Fi connectivity to manage their day-to-day business operations. Wi-Fi is easy to connect to an employee’s tablet and smart devices, thereby increasing their business productivity. It also helps the employees in an organization to connect their devices from anywhere in the office building. Due to all these features and the widespread adoption of Wi-Fi technology by enterprises, there is a challenge for 5G private networks to grow. Moreover, connecting to a 5G network one requires a 5G device for the full use of the network, as some devices are 5G in nature, there are many devices that are still working on a 3G or 4G network.
By providing seamless Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) connectivity, the transportation and logistics industry is expected to adopt the private 5G network at a very rapid pace, which is opportunistic for the market. Furthermore, to provide high-speed secured connectivity to their customers, key market players are strategically collaborating with industry giants to set a 5G private network. For instance, Ericsson and Vodafone have launched a commercial 5G network using Ericsson products with an aim to bring 5G technology to 20 million people in Germany by 2021. MTS in collaborations with Huawei and activated 14 iconic locations with 5G network in Moscow, Russia on April 2021.
Pre and Post COVID-19 Impact Analysis on 5G Enterprise Private Network Market
The emergence of COVID-19 has a great impact on not only the countries but also different industries across the world. Furthermore, lockdown and restrictions have forced people to work from home.
COVID-19 has forced different business organizations to come up with new working models and methodologies to ensure the uninterrupted working of their business. 5G private network technology is one most important elements for these working models and methodology.
However, due to the COVID-19 pandemic, the implementation of the enhanced 5G private network has been disrupted, and also further testing and trials are needed to verify the stability and processing performance of 5G standalone networks have been affected.
Additionally, telecom regulatory authorities across the globe have postponed their 5G spectrum options, thereby affecting its market growth. For instance, governments of the U.S., France, Spain, and Australia have decided to hold their 5G spectrum auctions.
Moreover, due to lockdown, exports of goods, such as 5G radio and 5G smartphones have been restricted. The 5G enterprise private network market growth is expected to decline during the forecast period
Major Advantages of the Research on 5G Enterprise Private Network Market
This study presents the analytical depiction of the 5G enterprise private network market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the 5G Enterprise Private market share.
The current market is quantitatively analyzed from 2020 to 2028 to highlight the 5G enterprise private network market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed 5G enterprise private network market analysis depending on competitive intensity and how the competition will take shape in the coming years.
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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.
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.
According to the “Chondroitin Sulfate Market: Global Opportunity Analysis and Industry Forecast, 2020-2027.” report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled with imminent market trends and opportunities. Moreover, the study also doles out different logical tables and graphs to identify the complexities of the market.
Chondroitin sulfate is also known as glycosaminoglycan sulfate glucose (GAG). Chondroitin sulfate is composed of a long chain of sugars substituted with N-acetylaga-lactosamine and glucuronic acid. This chemical compound is an essential component of the extracellular matrix made up of many connective tissues, including bones, cartilage, tendons, and ligaments. Chondroitin sulfate is commercially produced from a variety of animal sources, including pigs, chickens, bovines, fish, sharks, alligators, and other animals. Chondroitin sulfate is recommended as a therapeutic intervention in the multifaceted treatment of osteoarthritis management. It has shown positive results in osteoarthritis of fingers, knees, hip joints, spine, facial joints and other diseases because it has anti-inflammatory properties and by resisting compression, relieves muscle pain and maintains structural integrity.
Increasing number of patients suffering from osteoarthritis, widespread use of chondroitin sulfate in the treatment of osteoarthritis and various other diseases, wide range of chondroitin sulfate in the pharmaceutical industry, and increasing demand are the major factors that will drive the growth of the market over the years to come. Dietary supplement in the form of sodium chondroitin sulfate and thickener in meat products, additive, preservative and hygiene foods, its wide use in veterinary medicine and animal feed, its wide use in animals due to its anti-rheumatic and arthritic properties driving the growth of Chondroitin Sulfate Market.
Developing economies like the U.S., United Kingdom, Germany and others have adopted chondroitin sulphate and is expected to have a positive impact on the market. Arthritis Research U.K., stated by 2035, around 8.3 million people belonging to age group 45 years and above could have knee osteoarthritis in UK.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:
This study presents the analytical depiction of the global chondroitin sulfate industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global chondroitin sulfate market share.
The current market is quantitatively analysed from 2020 to 2027 to highlight the global chondroitin sulfate market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global chondroitin sulfate market analysis based on competitive intensity and how the competition will take shape in coming years.
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 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com
According to the “Medical Equipment Maintenance Market: Global Opportunity Analysis and Industry Forecast, 2020-2027.” report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled with imminent market trends and opportunities. Moreover, the study also doles out different logical tables and graphs to identify the complexities of the market.
The medical equipment maintenance market is expected to grow in the coming years due to factors such as increasing awareness and focus on preventive maintenance of medical equipment and adapting various funding sources for market growth. Increase in purchasing preference for refurbished medical devices, increased investment by major companies in building healthcare infrastructure is expected to fuel the growth of the medical device maintenance market.
COVID-19 scenario analysis:
To take care of infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Considering these factors, COVID -19 is expected to have significant impact on Medical Equipment Maintenance Market.
Factors such as increasing attention and awareness about preventive maintenance of medical devices and increase in purchase of refurbished medical devices are expected to drive the growth of the medical device maintenance market. One of the factors responsible for the growth of the medical care equipment market is the increase in investment by large companies in building healthcare infrastructure.
Technological advancements in the medical field have helped in the maintenance of complex medical devices. Increasing number of partnerships between public-private companies may fuel the growth of the medical equipment maintenance market in the coming years.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:
This study presents the analytical depiction of the Global Medical Equipment Maintenance Market along with the current trends and future estimations to determine the investments.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Medical Equipment Maintenance Market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the Medical Equipment Maintenance Market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed Medical Equipment Maintenance Market analysis based on competitive intensity and how the competition will take shape in coming years.
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 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com
According to a new report published by Allied Market Research, titled, “ship loader and unloader market by product type, bulk type, technology, and application: global opportunity analysis and industry forecast, 2021–2030,” the global ship loader and unloader market size was valued at $39.7 billion in 2020, and is expected to reach $57.8 billion by 2030, with a CAGR of 3.6% from 2021 to 2030. In 2020, Asia-Pacific dominated the global ship loader and unloader, in terms of revenue, accounting for around 35.50% share of the global market.
The major players operating in the ship loader and unloader industry include FLSmidth A/S, Fluor Corporation (American Equipment Company Inc), Buhler Group, Sandvik AB, Vigan Engineering S/A, NEUERO Industrietechnik fur Forderanlagen GmbH, SMB International GmbH, Aumund Group, EMS-Tech Inc, and Liebherr-International AG.
Ship loader and unloader products are largely used in the port and ship industry. Ship loader and unloader are used to transfer cargo from ships to shores and from shores to other mode of transport. Ship loaders are mostly fixed and offer heavy lifting and bulk material handling operations. Ship loaders consist of a vertical mast and an operating jib or arm, along with other components such as slewing unit, hook, and hoist winch, which assists in lifting and maneuvering heavy material effectively and efficiently. Ship loaders and unloaders are used in mining, packaging, and other applications.
Rise in sea born trade and shipping of goods from one ship to other to transfer goods, foods, fertilizers, and sugar propels demand for reclaimers, conveyors, and ship loaders, which fuels global ship loader and unloader market growth. Reach stackers, ship loaders, reclaimers, conveyors, and ship-to-shore cranes are some of the ship loader and unloader products available in market. These are widely adopted for shipments of goods from one port to other, which drives growth of the global market.
Major players such as Liebherr-International AG and SMB International GmbH completed contract order to grab ship loader and unloader products for movement of goods. For instance, in July 2017, Liebherr-International AG signed a contract order with Doyle Shipping Group, based in Ireland, which deals in reach stackers and ship loader. The order aimed to adopt a new LRS 545 reachstacker for shipment of goods. The LRS 545 reachstacker has maximum lifting capacity of 40.5 tons in first bar and 29.5 tons for second bar.
Various manufacturers in the global ship loader and unloader industry had to shut down their business activities, owing to the lockdowns initiated in countries such as the UAE, India, and Brazil. This break has directly impacted sales of global ship loader and unloader manufacturing companies globally. For instance, net sales of FLSmidth A/S dropped by 18.7% from January 2019 to January 2020.
In addition, lack of raw materials, disruption in supply chain, and lack of man power halted supply chain of ship loader and unloader products. However, re-initiation of the ship loader and unloader industry and availability of vaccines for coronavirus disease are projected to lead the opening of the global ship loader and unloader market trends at its full-scale capacities.
However, the high cost of ship loader and unloader, and fluctuation in raw material prices, limits the market growth. Moreover, rise in adoption of ship loader and unloader in prefabricated construction, is anticipated to provide lucrative opportunities for growth of the ship loader and unloader market.
The global market is segmented on the basis of product type, bulk type, technology, application, and region. On the basis of product type, the market is divided into stationary and mobile. The stationary segment generated the highest revenue in 2020. By bulk type, the market is divided into dry and liquid. The dry segment generated highest revenue in 2020. By technology, the market is divided into mechanical and pneumatic. The mechanical segment dominated the market in 2020. On the basis of application, the market is categorized into mining, machinery, construction, sea ports and cargo terminals, and others. The mining segment generated the highest revenue in 2020.
Region wise, the global ship loader and unloader market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global market, and is anticipated to secure a leading position during the forecast period.
KEY FINDINGS OF THE STUDY
By product type, the stationary segment generated the highest revenue in 2020.
By bulk type, the dry segment generated the highest revenue in 2020.
By technology, the mechanical segment generated the highest revenue in 2020.
By application, the mining segment generated the highest revenue in 2020.
Region wise, Asia-Pacific generated the largest global ship loader and unloader market share in 2020.
As per the report, the global food robotics market was pegged at $2.04 billion in 2020, and is expected to reach $5.78 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031.
Rise in robotics applications in automotive, electrical & electronics, metal, chemical & plastics, and food sectors and surge in food safety regulations have boosted the global food robotics market. However, lack of expertise hampers the market growth. On the contrary, surge in technological advancements and increase in demand for packaged food would open new opportunities in the future.
The Covid-19 pandemic affected the consumption pattern of food & beverage products, owing to closure of restaurants and reduced workforce. The restrictions on import-export, transportation, and social distancing norms hampered the demand for food robotics. However, as the world is slowly recovering from the pandemic, the market is expected to get back on track.
The report segments the global food robotics market on the basis of type, payload, application, and region.
Based on type, the articulated segment held the largest share in 2020, accounting for more than two-fifths of the market. However, the SCARA segment is expected to manifest the highest CAGR of 11.9% from 2022 to 2031.
On the basis of application, the palletizing segment dominated the market in terms of revenue in 2020, contributing to around two-fifths of the market. However, the processing segment is expected to register the highest CAGR of 12.2% during the forecast period.
The global food robotics market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2020, accounting for nearly half of the market. However, the market across LAMEA is expected to register the highest CAGR of 11.8% during the forecast period.
The global food robotics market includes an in-depth analysis of the prime market players such as Mitsubishi Electric Corporation, Rockwell Automation Incorporated, ABB Group, Kuka AG, Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, Fanuc Corporation, Staubli International AG, SeikoEpson Corporation, and Universal Robotics A/S.
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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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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.
