A Market Place Research – Page 206

Electric Vehicle Swapping Market : Revolution with Growing at a CAGR of 39.6% from 2023 to 2032

The electric vehicle battery swapping market was valued at $1.8 billion in 2022, and is estimated to reach $49.3 billion by 2032, growing at a CAGR of 39.6% from 2023 to 2032.Asia-Pacific dominates the market in terms of growth, followed by Europe, North America, and LAMEA. Whereas LAMEA is expected to witness growth at a highest rate in the market during the forecast period.

The electric vehicle (EV) battery swapping refers to the industry involved in the exchange or replacement of depleted electric vehicle batteries with fully charged ones. Battery swapping is an alternative to traditional charging methods, such as plugging into a charging station, and it allows for quicker battery replenishment. In a battery swapping system, EV owners drive their vehicles to a battery swap station where their depleted battery pack is replaced with a fully charged one. This process is usually automated and takes only a few minutes, significantly reducing the time required for charging compared to traditional charging methods. The swapped battery can then be used by another EV, and the process continues.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/10966

Furthermore, the main advantage of battery swapping is that it addresses the issue of long charging times, which is a common concern for EV owners. Instead of waiting for their vehicles to charge for an extended period, they can simply swap the battery and continue their journey. This can be particularly beneficial for commercial electric vehicle fleets that require rapid turnaround times and continuous operation. The battery swapping market has gained attention as a potential solution to alleviate range anxiety, enable faster charging, and promote the adoption of electric vehicles. However, the market is still relatively nascent and has not yet achieved widespread adoption compared to traditional charging infrastructure. Several challenges exist, including standardization of battery sizes and interfaces, infrastructure investment, and operational costs.

In addition, increase in demand for electric vehicles, coupled with lack of adequate public charging facilities, reduced time for electric vehicle charging, and addressing range anxiety are anticipated to drive the market growth. However, differentiation in battery technology & design and high initial set-up & operating cost of battery swapping station hamper the market growth. Further, rapid emergence of shared e-mobility and introduction of innovative & advanced battery swapping model and services by market players are some factors that are expected to offer lucrative opportunities for the market growth during the forecast period.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/electric-vehicle-battery-swapping-market/purchase-options

For instance, in January 2023, SUN Mobility launched its fully automated battery-swapping solution, SwapX, along with the S2.1 battery pack designed for electric vehicles. It’s objective is to enhance the availability of battery swapping stations nationwide by deploying compact stations that can be conveniently installed at small and medium businesses like pharmacies and department stores.

By station type, the market is categorized into automated and manual. The manual segment garnered the highest market share in 2022 and is projected to lead the market within the forecast timeframe. By vehicle type, the electric vehicle battery swapping market is categorized as two-wheeler, three-wheeler, four-wheeler, and commercial vehicles. Among these two-wheeler segment captured the significant market share as compared to other segments. By service type, the electric vehicle battery swapping market is categorized as subscription model and pay-per-use model. The subscription model segment dominated in the service type segment garnered the highest market share in 2022 and is projected to lead the market within the forecast timeframe. The Asia-Pacific countries will have a higher market share due to the increase in sales of electric vehicles in countries such as China, India and Japan. This rise is attributed to extensive efforts of governments to reduce greenhouse gas emissions and expected to growth with the substantial growth rate during the forecast period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠- https://www.alliedmarketresearch.com/purchase-enquiry/10966

KEY FINDINGS OF THE STUDY

By station type, the manual segment leads the market during the forecast period.
By vehicle type, the two-wheeler segment leads the market during the forecast period.
By service type, the subscription model segment is expected to grow at a lucrative growth rate during the forecast period (2023-2032).
LAMEA is anticipated to exhibit the highest CAGR during the forecast period.

Key players operating in the global electric vehicle battery swapping market are Amara Raja Batteries Ltd., Aulton New Energy Automotive Technology Co., Ltd., ECHARGEUP, Esmito Solutions Pvt Ltd, Gogoro, Inc., KYMCO, Lithion Power Pvt Ltd, NIO, Inc., Numocity, Oyika Pte Ltd.

Multi Camera Vision Inspection Systems Market by Manufacturers, Regions, Type and Application, Forecast To 2030

Allied Market Research published an exclusive report, titled, “Multi Camera Vision Inspection Systems Market by Product Type (Fully Automatic, Semi-Automatic), by End User (Automotive, Healthcare, Manufacturing, Industrial, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031”.

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The global multi camera vision inspection system market report summarizes market developments, competitor analysis, and future market and technological predictions. The report also assists the major market players in increasing their market share and maintaining their competitive position in the sector. It does this by highlighting the global multi camera vision inspection system market from 2022 to 2031.

Additionally, it offers a qualitative analysis of a range of factors, such as the strategies employed by significant rivals, implicit possibilities, immediate impact on market size, regulatory framework, and economic influence. Significant investments are also included in the market research, on which stakeholders can base their CAGR and relative multi camera vision inspection system market
shares.

Research Methodology

The research operandi of the global multi camera vision inspection system market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and
press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

Product Type
• Semi-Automatic
• Fully Automatic

End User
• Automotive
• Healthcare
• Manufacturing
• Industrial
• Others

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The multi camera vision inspection system market is evaluated based on its regional penetration, explaining the performance of the industry in each geographicregions covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Some of the Broader Aspects That Our AMR Team Focuses On Are:

The teams emphasize obtaining relevant insights into various models of competitive advantage
while developing a core environment analysis.
Our professional team of analysts is always striving tounderstand the big picture of any industry, particularly in terms of its
growth stages.
The specialists are also constantly adapting organizations’ value chain analysis procedures to better understand how customer value is
generated.

The report also investigates the global multi camera vision inspection system market’s competitive landscape. It includes information about the product portfolios, market positioning, business performance, strengths, and market size and share analysis. It includes the strategies used by the frontrunners to grow and expand their presence by entering into agreements and entering new business sectors. Other strategic moves used by key market players involve joint ventures, product launches and mergers and acquisitions. The prominent market players discussed in the global multi camera vision inspection system market include Teledyne Imaging, Cognex Corporation, Omron Corporation, Basler AG, Nextsense GmbH, Keyence Corporation, NOVASIS, Industrial Vision Systems, Optex FA, and Estes Engineering,.

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The global multi camera vision inspection system market report provides a detailed analysis of the industry based on the key parameters including sales analysis, market extent, essential drivers, and probable deals. The market is expected to grow significantly during the forecast period. Moreover, the report focuses on extensive statistics about the drivers, restraints, and opportunities that have a direct impact on the market. The drivers are the underlying factors that motivate consumers to purchase products, resulting in market expansion. The forces that cause the market to lag are known as restraints. The report additionally discusses opportunities to assist players in taking steps toward growth by assessing the potential in untapped regions.

Key Benefits for Stakeholders:

Extensive market research, as well as information on major driving factors, restraining factors, and possible opportunities are provided.
This research includes a quantitative study of the current trends, market segments, forecasts, and dynamics of the multi camera vision inspection system market analysis during the forecast period.
An in-depth analysis of multi camera vision inspection system market segmentation helps in determining current market opportunities.
Porter’s five forces study emphasizes the ability of consumers and vendors to strengthen their supplier-buyer network and make profitable business decisions.
The report analyzes regional and global multi camera vision inspection system market trends, market segmentation, prominent players, market growth strategies, and application areas.
Market participants’ positioning promotes comparative analysis and offers a clear knowledge of the market player’s current position.
The major countries in each region are mapped based on their revenue contribution to the global multi camera vision inspection system market.

The multi camera vision inspection system market report is a summary of the operations of various organizations in the sector from various regions. At the same time, the research examines the market size of four major regions: North America, Asia-Pacific, Europe, and LAMEA. The study is an excellent compilation of quantitative and qualitative data emphasizing key industry developments and challenges, as well as the lucrative opportunities available in the sector. These insights provide the necessary guidance to identify driving factors and implement strategies to achieve long-term growth and capitalize on market opportunities.

Key Points Covered by the Report-

What are the fundamentalskills, core competencies, and key players in the industry we are examining?
What are the opportunities for marketing strategies that are developing at a usual rate?
What are the main competitive factors influencing the industry?
What marketing tactics are suitable for a particular service or product?
What geographical areas are covered by the multi camera vision inspection system market report?
What share of this market would each of the following regions hold during the forecast period: Asia-Pacific, Europe, North America, and LAMEA?
How has COVID-19 impacted the multi camera vision inspection system market?

About Us

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

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

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Next Generation Biofuels Market Growing Technology Opportunities and Future Business Trends to 2030

The global next generation biofuels market is experiencing growth owing to usage of sustainable and clean source of fuel, easy availability of raw materials that are non-food crops & wastes, lesser concentration of greenhouse gases as compared to conventional fuels, and governmental incentives that supports the development of advanced biofuel production technologies. The global next generation biofuels market size was valued at $6.0 billion in 2020, and is projected to reach $59.4 billion by 2030, growing at a CAGR of 26.4% from 2021 to 2030.

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Biofuels are fuels produced by a biochemical reaction using biological sources such as raw materials. By production, biofuels can be categorized into first-, second-, and third-generation biofuels. First-generation biofuels, also known as conventional biofuels, are prepared using food crops, such as soy, rapeseed, corn, and similar others. Second-generation or advanced biofuels are produced from non-food crops and waste, such as forest residues, non-edible oils, crops, such as Miscanthus, and others. Third-generation biofuels are derived from algae, which have proven to be the most efficient source for biofuel production. The market is expected to register a double-digit growth rate during the forecast period, attributed to the increased demand from the transportation and the power generation industry.

The global next generation biofuels market has driven by the factors, such as sustainable and clean source of fuel, easy availability of raw materials that are non-food crops & wastes, lesser concentration of greenhouse gases as compared to conventional fuels, and governmental incentives that supports the development of advanced biofuel production technologies.

The next generation biofuels market is segmented into process, biofuel type, raw materials, application, and region.

By process, the next generation biofuels market is divided into biochemical process and thermochemical process. The thermochemical process segment accounted for the largest share in 2020, while the biochemical process segment is projected to grow at the highest CAGR of 26.7%.

By biofuel type, the market is classified into biodiesels, biogas, biobutanol and others. In 2020, biodiesels fuel type held the largest share of the market. Biodiesels are anticipated to maintain the biggest sales proportion because of the developing use of biofuels because the engine fuel. This is because of utilization of wonderful yield algae raw material and massive capacity of biodiesels to lessen the discount greenhouse gas emission.

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By raw material type, the algae segment is expected to witness robust growth. It grows because it contains more oil and can be grown using sea water or sewage. It can produce 300 times more oil than traditional crops, and it takes up to 10 days to harvest because its growth rate is almost 30 times that of other raw materials.

By application, the next generation biofuels market is divided into transportation, power generation and others. The transportation segment accounted for the largest share in 2020, while the power generation segment is projected to grow at the highest CAGR of 26.7%.

Next generation biofuel markets have held a notable share in the North America. U.S. is one of the prominent producers of next generation biofuels in North America. Governments of many countries in the region are taking initiatives to increase next generation biofuels production to ensure energy security and cleaner environment.

By region, North America region is expected to witness robust growth. The U.S. has been one of the leading countries in the development and utilization of biofuels on a global level. Bioethanol is one of the majorly produced and utilized biofuel in the country which is majorly made from corn grain and is abundantly available in U.S.

The major companies profiled in next generation biofuels industry include Algenol Biofuels, Chemtex Group, Abengoa S.A., Enerkem, Gevo, GranBio, Joule United, Inc., POET-DSM, Solazyme and Sundrop Fuels Inc. The players in the market have adopted several strategies, such as product launch and business expansion, to sustain the market competition.

Key findings of the study

By region, North America is projected to grow at the highest CAGR of nearly 25.7%, in terms of revenue, during the forecast period.
By biofuel type, the biodiesels segment accounted for the largest market share in 2020.
By application, the transportation segment accounted for the largest market share in 2020.
By process, the thermochemical process segment garnered the largest market share in 2020.
By raw material, the lignocellulose segment garnered the largest market share in 2020.

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Impact of COVID-19 on the global next generation biofuels market

Lockdown imposed due to the outbreak of COVID-19 pandemic resulted in temporary ban on import & export and manufacturing & processing activities across various industries, which decreased the demand for next generation biofuels from these consumers. In addition, halt in building & construction of new electric utility infrastructures, renewable power plants, grid network, and other power plants, owing to unavailability of workers and increase in demand–supply gap is projected to hamper the next generation biofuels market growth during the pandemic period. This resulted in decline in market growth in the second, third, and fourth quarters of 2020. However, the next generation biofuels market is expected to recover by the first quarter of 2021, as COVID-19 vaccination has begun in various economies across the globe, which is expected to improve the global economy.

About Us

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

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

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll-Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
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Electric Van Market : Driving Change The Rise of $76.7 Billion in Commercial Markets By 2031

According to a new report published by Allied Market Research, titled, “Electric Van Market,” The electric van market was valued at $6.1 billion in 2021, and is estimated to reach $76.7 billion by 2031, growing at a CAGR of 28.9% from 2022 to 2031.

Asia-Pacific includes China, Japan, India, South Korea, and rest of Asia-Pacific. Rest of Asia-Pacific includes Australia, New Zealand, Indonesia, Singapore, Malaysia, Vietnam, and others. Higher adoption rates of smart mobility services, government regulations, increase in fuel prices, and rise in trend toward adopting non-fossil fuel-based vehicles boost growth of electric vehicles such as electric vans in developing countries such as India, China, and Japan, which create lucrative opportunities for the market in this region.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/47765

In Asia-Pacific, various technological advancements related to electric vehicles are taking place, owing to government initiatives, which propels the market growth. In addition, countries such as China, India, Australia, and Japan are mainly focusing on environmental awareness and new technologies, which drive growth of high-performance electric vehicles. Moreover, several key players are introducing new electric vans in the region which is boosting the growth of electric van market across Asia-Pacific. For instance, in January 2022, King Long, a Chinese commercial vehicle manufacturer, launched Longyao electric minivan. The King Long Longyao comprises a 43-kWh battery and has a top speed of 90 km/h. In addition, it has a CLTC range of 240 km.

At present, China is the leader in electric vehicle manufacturing and related infrastructures & technologies. China produced more than 200,000 all-electric commercial vehicles in 2020, amounting to nearly 5% of the total output of the world. China is expected to hold a dominant revenue share throughout the forecast period, owing to presence of key companies such as Dongfeng Motor Corporation, BYD Auto Co. Ltd., and FAW Group Co., Ltd. Moreover, numerous companies in China are launching new electric vans across China, which in turn is boosting the growth of the electric van market in China. For instance, in 2022, Jenhoo company introduced its first electric van namely “B-Pillarless EV48”. It utilizes an LFP battery made by CATL, and has a top speed of 100 km/h.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/electric-van-market/purchase-options

In India, several launches of new electric vans by the key players in the market is supplementing the growth of the market in India during forecasted timeframe. For instance, in 2019, BYD Group launched its T3 electric passenger MPV and T3 electric van in India. The T3 MPV and T3 minivan are equipped with features such as push-button start, reversing camera & sensors, keyless entry system, automatic transmission, and others. It also comprises safety features such as electric parking system (EPB), anti-lock braking system (ABS), electronic brakeforce distribution (EBD), brake override system (BOS) along with the regenerative braking system. Moreover, both the electric vehicles offer a driving range of 300 km on a single charge.

Battery electric vans are gaining immense traction in the electric van market, owing to their advantages such as changing perception toward adoption of electric vehicles. In addition, simple technology usage and low maintenance of battery electric vans as compared to other electric vehicles supplements growth of battery electric vans. In addition, numerous electric van manufacturers have started to introduce battery electric vans in the market, which is fueling the growth of the market. For instance, in September 2021, Nissan introduced its new electric van namely, “Townstar”. It utilizes a single electric motor which produces 122 horsepower and an instant torque of 245 nm. It also has a 44-kWh battery pack and provides an estimated range of 177 miles.

Factors such as increase in government initiatives for the promotion of e-mobility, reduction in cost of electric vehicle batteries, and increase in demand for emission-free & high-performance electric vans are expected to drive the market growth. However, lack of charging infrastructure, and limited range of electric vans are the factors that hampers the market growth. Furthermore, technological advancements is the factor expected to offer lucrative opportunities for the market growth.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠- https://www.alliedmarketresearch.com/purchase-enquiry/47765

COVID-19 Impact Analysis

The COVID-19 pandemic severely impacted the automotive industry on a global level, which in turn lead to considerable drop in automotive sales, insufficiency of raw material, and others. Key players in the electric van industry witnessed issues such as halt of production activities, mandated plant closures by the government, and others during the pandemic period, which affected the manufacturing activities of electric vans.

However, post-pandemic technological advancements such as development of self-driving electric vans has been observed, which is expected to offer opportunities for the market players during the forecast timeframe. For instance, in 2021, Volkswagen unveiled an autonomous ID.Buzz AD (AD stands for Autonomous Driving) at IAA Munich. ID.Buzz AD feature a roof-mounted Lidar sensor which can detect objects from more than 400 meters away.

KEY FINDINGS OF THE STUDY

By range, the 100 to 200 miles segment is anticipated to exhibit significant growth in the near future.
By battery capacity, the above 50 kWh segment is anticipated to exhibit significant growth in the near future.
By propulsion, the battery electric van segment is anticipated to exhibit significant growth in the near future.
By application, the commercial segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Key players operating in the global electric van market include BYD Company Ltd, Ford Motor Company, General Motors Company, Mercedes-Benz Group AG, Nissan Motor Co., Ltd., Renault S.A., Stellantis NV, Toyota Motor Corporation, Volkswagen AG, and Workhorse Group Inc.

Booster Compressor Market to Witness a Pronounce Growth During 2021 To 2030

The booster compressor market is anticipated to witness considerable growth during the forecast period. This is attributed to factors such as rise in demand for maintained and high-pressure supply from the industrial operations. In addition, rapid industrialization and rise in construction activities across the globe fuels the growth of the booster compressor market. However, stringent government regulations toward environmental pollution caused by plastics products and rapid development in the electric vehicle sector are restraining the growth of the market globally. Conversely, increase in investment on oil & gas exploration and production activities is anticipated to provide potential growth opportunities in the upcoming years. The booster compressor market size was valued at $3.0 billion in 2020, and is projected to reach $5.1 billion by 2030, growing at a CAGR of 5.6% from 2021 to 2030. Booster compressor is the equipment used to provide high pressure for a shorter period owing to the requirement of high pressure from various industrial operations. Booster compressor finds its application across various end-use industries such as in building & construction, power generation, automotive, oil & gas and others.

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Significant development of the end-use industries such as oil & gas, mining, manufacturing, construction, automotive, and others, is fueling the growth of the booster compressor market. In addition, increase in demand for booster compressor for industrial testing is driving the growth of the market, globally. However, implementation of stringent government regulations toward environmental pollution from combustion engine-based booster compressor and rapid development of the electric vehicle sector are the key factors hampering the growth of the global market in the upcoming years.

Depending on the cooling type, water cooled segment held the highest market share of about 58.8% in 2020, and is expected to maintain its dominance during the booster compressor market forecast period. This is owing to increase in demand for booster compressor from large-scale industries such as mining, plastics, chemical manufacturing, industrial testing, and power generation.

On the basis of compression stage, double stage segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to advantages associated with double stage booster compressors such as more economical, low power consumption, low compressor displacement, and low discharge temperature. In addition, rise in demand for double stage booster compressor from heavy duty applications such as lifting, screwing, greasing, painting, and others in furniture factories, food & beverages packaging industry, aerospace & military construction and others is anticipated to fuel the growth of the market during the analyzed time frame.

On the basis of power source, combustion engine segment holds the largest share, in terms of revenue, and is expected to maintain its dominance during the forecast period. This growth is attributed to increase in demand for combustion engine booster compressors from oil & gas products and rise in oil & gas exploration and production activities across the globe. In addition, this booster compressor can be used at any remote area, since fuel is easily transferable and rising development in such area is further anticipated to fuel the booster compressor market growth from 2021 to 2030.

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On the basis of end use, the oil & gas segment holds the largest share, in terms of revenue, and is expected to grow at a CAGR of 5.0%. This is owing to rise in demand for booster compressor from upstream, downstream, and midstream applications such as drilling activities, hydrocarbon blanketing, refining and others. In addition, rise in demand for petrochemicals products such as PVC, paints, drugs and many others, is anticipated to drive the growth of booster compressor market in the upcoming years.

On the basis of region, the market is analyzed across four major regions such as North America, Europe, Asia-Pacific, and LAMEA. North America garnered the dominant share in 2020, and is anticipated to maintain this dominance in booster compressor market trend during the forecast period. This is attributed to the presence of key players and huge consumer base in the region. In addition, booster compressor is gaining importance in the construction, food & beverages packaging, manufacturing, and oil & gas industries, owing to its reliability and superior high-pressure efficiency, which, in turn, is expected to augment the growth of the booster compressor market during the forecast period.

The global market analysis covers in-depth information of the major booster compressor industry participants. The key players operating and profiled in the report include Atlas Copco AB, Corken Inc., Generon, Hitachi Ltd., Ingersoll Rand, Jereh Group, Kaeser Kompressoren, NiGen International L.L.C., Sauer Compressors USA, and TGT Fuel Technologies.
Other players operating in the value chain of the global booster compressor market are Boge Compressors Ltd, Hanbell, Haskel, Gas Compression Systems, and others.

COVID-19 impact on the market

The global booster compressor market has witnessed steady growth in 2020, owing to outbreak of the COVID-19 pandemic. The outbreak has negatively impacted various industries and countries, thereby decreasing manpower across the globe, which, in turn, decreased consumer spending and thus, decreased the demand for various key products including plastic products, vehicles, construction equipment and others. However, owing to the lockdown imposed across the globe, there is supply-demand gap, which resulted in halt in supply for equipment used in booster compressor production. In Europe, economies, such as Germany, France, Spain, and Italy, were following stringent measures, such as maintaining social distance and limiting movements, to prevent the spread of coronavirus. Moreover, such safety measures have been witnessed across the globe, which further impacted the growth of the global booster compressor market.

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KEY FINDINGS OF THE STUDY

In 2020, the water segment accounted for about 58.8% of the share in the global market, and is expected to maintain its dominance till the end of the forecast period.
In 2020, the double stage segment accounted for 51.3% booster compressor market share in the year 2020, and is anticipated to grow at a rate of 5.1% in terms of revenue, increasing its share in the global market.
Construction is the fastest-growing end user segment in the global booster compressor market, expected to grow at a CAGR of 6.3% during 2021–2030.
Europe is expected to grow at the fastest rate, registering a CAGR of 6.3%, throughout the forecast period.
In 2020, North America dominated the global booster compressor market with more than 30.3% of the share, in terms of revenue.

About Us

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

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

Contact:

Capturing the Sky: Drone Camera Market Soars to $25.39 Billion by 2027 with a Striking 29.9% CAGR

According to a recent report published by Allied Market Research, titled, Drone Camera Market by Type, Application, Resolution, and End User: Global Opportunity Analysis and Industry Forecast, 2020–2027,” the global drone camera market was valued at $3.33 billion in 2019, and is projected to reach $25.39 billion by 2027, registering a CAGR of 29.9%.

North America dominates the market in terms of revenue, followed by Asia-Pacific, Europe, and LAMEA. U.S. dominated the global drone camera market, in terms of share in 2019, and is expected to grow at a significant rate during the forecast period, due to increase in demand for drones across different industries.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/11464

Drones equipped with camera are used to carry out numerous operations such as photography & videography, thermal imaging, and are used for surveillance over suspected locations. Moreover, increase in application of drones in different industries such as agriculture, mining & construction, inspection, and similar applications has supplemented the growth of the global drone camera market. Furthermore, rise in allocation of budget toward the advancement of the defense sector across different countries leads to the growth of drone camera market. This increased allocation of budget enabled the drone camera manufacturers to increase their revenue by developing better & advanced components, thereby accelerating the growth of the industry.

Depending on the type, the market is categorized into HD camera and SD camera. The HD camera segment holds a majority of market share, and is projected to grow at a significant growth rate during the forecast period, due to increase in application of HD camera in new drones. By application, the photography & videography segment garnered a majority of market share in 2019 owing to rise in concern toward safety & security, while the surveillance segment is expected to grow at a significant rate during the forecast period, due to surge in demand for tracing & monitoring over suspected locations.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/drone-camera-market/purchase-options

On the basis of resolution, the drone camera market is segregated into 12 MP, 12 to 20 MP, 20 to 32 MP, and 32 MP & above. The 12 MP segment accounted for maximum market share in 2019, while 32 MP & above resolution camera is anticipated to lead the market during the forecast period, owing to increase in application in different industries such as agriculture, pipeline check, and border surveillance. In addition, the military use of drones supplements the growth of the global drone camera market.

Factors such as technologically advanced products and promising growth rate of the drone market promote the growth of the global drone camera market. However, privacy & security concerns and the availability of high-resolution satellite imagery limit the growth of the drone camera market. On the contrary, rise in demand of drones across emerging nations and increase in application areas of drones such as GPS, LiDAR, and mapping services are anticipated offer remunerative opportunities for the expansion of the global market during the forecast period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠- https://www.alliedmarketresearch.com/purchase-enquiry/11464

Key Findings Of The Study

By application, the surveillance segment is expected to register a significant growth during the forecast period.
Depending on resolution, the 20 to 32 MP segment is anticipated to exhibit significant growth in the near future.
Asia-Pacific is anticipated to register the highest CAGR.

Covid-19 Impact On The Industry

The widespread outbreak of the novel coronavirus led to a sudden closure of national and international transportation for months.
With the increasing number of active cases across different locations, containment zones were made where infected people were isolated. Drones equipped with camera were used to keep an eye on the patients as well as the contained locations.
Governments & local authorities opted the use of drones for surveillance to prevent people from gathering. In addition, governments entered into numerous agreements with different companies for the supply of drones, which have the ability of surveillance on a wider location.
To tackle the COVID situation, drones were used by law-enforcing authorities such as the local police or municipal authorities to monitor people’s movement and break up social gatherings that could pose a risk to society.
In addition to street surveillance, authorities are using drones to broadcast messages & information about lockdown measures, especially in rural areas that lack open communication channels for health information.

The key players analyzed in this report are Aerialtronics DV B.V, Canon Inc., Controp Precision Technologies Ltd., DJI, DST Control, FLIR Systems, Inc., Garmin Ltd., GoPro, Inc., Panasonic Corporation, and Sony Corporation.

CubeSat Market : Small Size, Big Impact Set to Achieve 15.1% CAGR By 2027

According to a recent report published by Allied Market Research, titled, “CubeSat Market by Size, Application, End User, and Subsystem: Opportunity Analysis and Industry Forecast, 2020–2027,” the global CubeSat market was valued at $210.1 million in 2019, and is projected to reach $491.3 million by 2027, registering a CAGR of 15.10%.

North America dominates the market in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global CubeSat market share in 2019, and is expected to grow at a significant rate during the forecast period, due to increase in demand of CubeSat for scientific researches and Earth exploration.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/9764

CubeSats are types of nanosatellites that are manufactured according to standard measurements, in units or U of 10 cm x 10 cm x 10 cm. Making small satellites as per the CubeSat standards result in the cutting of costs associated with the research and technical development stages. This helps in overcoming the barriers to enter and study space, which has resulted in a sharp increase in the popularity of CubeSats since its introduction. Moreover, depending on the specifications, a CubeSat can be manufactured and positioned in orbit, which accounts for a small part in total costs as compared with the costs of involved with the conventional satellite missions. Apart from the benefits associated with the lower weight and size factors, the main advantage of CubeSats lies in the short timeframe required to build one. While a conventional or large satellite requires between 5 and 15 years developing and placing in orbit, a CubeSat can take less than 8 months to detect the need and position it in the intended orbit.

By size, the market is categorized into 0.25U to 1U, 1 to 3U, 3U to 6U, 6U to 12U, and 12U and above. The 1 to 3U accounted for the highest revenue in 2019, owing to 3U CubeSats are becoming the first choice for space missions for several manufacturers on account of the need for more volume and aperture. A 3U CubeSat has more than thrice the communications, pointing capacity, and power of a less than 1U CubeSat. For the reason that of the measure of standard mechanisms, connectors, and others, a 3U has more useful volume and more room is available to deploy panels and antennas with superior packing factors. However, the 0.25U to 1U segment is anticipated to witness the highest CAGR of 15.8% during the forecast period, owing to increasing adoption of small CubeSat by educational and research institutes.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/cubesat-market/purchase-options

Moreover, several players are launching swarms of small 0.25U satellites for full-scale deployment of IoT-based services across the globe. For instance, Swarm Technologies, a California-based satellite company, is making progress on deploying its strong 150 CubeSat IoT constellation. Remote energy installations, remote sensors, and monitoring shipping containers, among others, are some examples of IoT devices Swarm’s constellation.

On the basis of application, the CubeSat market is segregated into Earth observation & traffic monitoring, science & technology, and education, space observation, communication, and others. The Earth observation & traffic monitoring segment accounted for over 50% market share in 2019, owing to their low cost, and short development cycle are being widely used for Earth observation applications.

Factors such as increasing demand for CubeSats from several commercial applications and new application areas for CubeSats are expected to drive the growth of the global CubeSat market. However, limitations of CubeSats regarding payload accommodation and stringent government regulations is expected to restrain the growth of the market during the forecast period. Conversely, CubeSat capabilities and increase in demand for space data are expected to offer potential opportunities for the global CubeSat market during the forecast period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠- https://www.alliedmarketresearch.com/purchase-enquiry/9764

COVID-19 Impact Analysis

The COVID impact on the CubeSat market is marginal and it is expected to remain in force till the second quarter of 2021.
The COVID-19 outbreak has forced the governments across the globe to focus on medical services. Owing to this, the countries are reducing their budgets for space programs to help pay for the pandemic response and recovery measures.
Moreover, the nationwide lockdown forced the manufacturing facilities of the CubeSat to shut down or cut the full fledge opening of the facilities.
However, despite the negative impact of COVID-19, the CubeSat industry managed to perform moderately and several CubeSats were launched in 2020. For instance, CubeSats missions such as DeMi, TechEdSat-10, Gundam, TDO-2, Flock-4e, Flock-4v constellations, and SpaceBee, among others. This steady growth in CubeSat missions can be attributed to the low cost but efficient operations of CubeSats and rising participation of private players in the market.

Key Findings Of The Study

By size, the 0.25U to 1U segment is expected to register a significant growth during the forecast period.
By end user, the commercial segment is anticipated to exhibit significant growth in the near future.
By application, the science technology and education segment is projected to lead the global CubeSat market owing to higher CAGR as compared to other applications.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Key players operating in the global CubeSat market include Planet Labs Inc., GomSpace, AAC Clyde Space, Endurosat, Tyvak Nano-Satellite Systems, Inc., Surrey Satellite Technology Limited, Innovative Solutions In Space B.V., Space Inventor, Pumpkin Space Systems, and CU Aerospace, L.L.C.

Speeding Towards Success: Express Delivery Market Projected to Reach $484.38 Billion by 2030

According to a recent report published by Allied Market Research, titled, “Express Delivery Market by Application, End Use, and Destination: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global express delivery market was valued at $262.86 billion in 2020, and is projected to reach $484.38 billion by 2030, registering a CAGR of 6.4% from 2021 to 2030.

Asia-Pacific is the highest revenue contributor, followed by Europe, North America, and LAMEA. On the basis of forecast analysis, LAMEA is expected to lead the express delivery market growth during the forecast period, owing to the booming e-commerce industry in emerging economies, infrastructural development, and increased adoption of various express delivery services in the region.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬- https://www.alliedmarketresearch.com/request-sample/12868

Express delivery is the fastest form of shipping that involves the delivery of various goods and products through different mediums such as air, water, and land. The customer pays an extra shipping cost for this type of delivery, as the shipment will get transported to the receiver anywhere between 24 to 72 hours depending on the distance of the shipment. In express shipping, the price and rates are also higher than other forms of transportation.

Express delivery services significantly operate on the business-to-business (B2B) and business-to-customer (B2C) models. These include personal and business items such as letters, documents, merchandise, consumer goods, and other non-palletized goods. Express delivery services are coupled with a variety of value-added services, such as packaging, labeling, billing, payment collection, and return, to improvise the delivery experience for the user.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭- https://www.alliedmarketresearch.com/express-delivery-market/purchase-options

The factors such as growth of the e-commerce industry, rise in B2C deliveries and international trade services boost the market growth. However, higher operational costs of express delivery services and lack of logistics infrastructure are anticipated to hinder the market growth. Furthermore, ongoing technological advancements in delivery services and emergence of last-mile deliveries are some of the factors offering the lucrative growth opportunities for the express delivery market.

COVID-19 Impact Analysis:

As a consequence of the coronavirus outbreak, important supply chains in the logistics and transportation industry are hampered, though differently across air, freight, and sea sectors. Thus, express delivery firms, which are involved in the movement, storage, and flow of goods, have been directly affected by the COVID-19 pandemic. Although, the e-commerce, healthcare & FMCG supplies, and daily essentials goods industry is expected to affect the express delivery services industry positively during the COVID-19 outbreak. This is due to significant growth in online retail and B2C e-commerce deliveries. For instance, according to the report from the U.S. Census Bureau 2020, the U.S. retail e-commerce industry reached $211.5 billion, up 31.8% from the first quarter of 2020 and 44.5% year-over-year.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠- https://www.alliedmarketresearch.com/purchase-enquiry/12868

Key Findings Of The Study

On the basis of application, the B2B segment is anticipated to exhibit a remarkable growth during the forecast period.
On the basis of end-use, the e-commerce platform segment is the highest contributor to the express delivery market in terms of revenue.
On the basis of destination, the international segment is anticipated to exhibit a remarkable growth during the forecast period.

Aramex, BEST Inc, DB Schenker, Deutsche Post Ag (DHL GROUP), DSV (DSV Panalpina), FedEx, Geodis, SF Express, United Parcel Service, Inc. (UPS) and YTO Express Group Co. are some of the leading key players operating in the express delivery market.

Pharmaceutical Contract Manufacturing Market Opportunity Analysis and Industry Forecast, 2023-2032 | By Top companies Thermo Fisher Scientific, Inc. Pfizer Centre One

Allied Market Research added new research on Pharmaceutical Contract Manufacturing Market – Opportunity Analysis and Industry Forecast, 2022-2030.

The Pharmaceutical Contract Manufacturing Market explores comprehensive study on various segments like size, share, development, innovation, sales and overall growth of major players. The research is based on primary and secondary data sources and it consists both qualitative and quantitative detailing.

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Which market perspectives are enlightened in the Pharmaceutical Contract Manufacturing Market report?

Executive Summary: It covers a summary of the most vital studies, the Worldwide market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: This covers major players, vital market segments, the scope of the products offered in the Pharmaceutical Contract Manufacturing Market, the years measured and the study points.

Competitive Analysis: In this segment each player is screened based on a products, services, value, SWOT analysis, growth and other significant features.

Geographic Analysis: This Pharmaceutical Contract Manufacturing Market report analyses data on the basis of production, sales, imports & exports, and key players in all regional markets.

Pharmaceutical Contract Manufacturing Market Segments and Sub-segments:

By DRUG TYPE :

Active Pharmaceutical Ingredients (API) / Bulk drug
Final Dosage Form (FDF)
Advanced drug delivery products
OTC medicines and Nutritional products
Packaging

By GEOGRAPHY :

North America
Europe
Asia-Pacific
LAMEA

Pharmaceutical Contract Manufacturing Market by Key Players:

Thermo Fisher Scientific, Inc.
Pfizer CentreOne Recipharm AB
AbbVie Contract Manufacturing
Evonik Industries
DPx Holdings B.V. (Patheon)
Fareva Group
DPT Laboratories

Ask more about Pharmaceutical Contract Manufacturing Market Report

Interpretative Tools Used in Market Analysis: The methodical tools including SWOT analysis, Porter’s five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.

Growth Indicators in the Market: This section of the report covers the indicators that contain mergers & acquisitions, R&D, new product development, joint ventures, and associations of leading participants working in the market.

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Key Questions Answered:

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Which are the major regions covered in Pharmaceutical Contract Manufacturing Market report?
Which is the leading revenue-generating region in Pharmaceutical Contract Manufacturing Market?
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Thank you for reading the article, Regional reports like North America, Europe, Asia-Pacific, LAMEA are also available.

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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.”

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BFSI in IT Market Size, Dynamics, Forecast, Analysis and Supply Demand 2031

Banking, financial services, and insurance companies make up the BFSI sector, which operates in a highly regulated and secure business environment. Many financial exchanges in all other sectors are built on the foundation of BFSI. It has become an essential component of the overall national critical infrastructure as well as an integral part of other critical infrastructure systems. Non-compliance with various standards may cause security incidents in a variety of situations. Furthermore, rise in demand for IT services, owing to data breaches and other security issues across various operational standards, propels the market growth.

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Advanced security solutions are expected to emerge as regulatory standards, cloud-based security solutions became more widely adopted, and more modes of online payment became available. Attributed to this widespread use of cloud-based technologies, data has become more vulnerable to cyber-attacks. Hackers have started targeting banks that use the SWIFT network to send money-moving messages with malware. Therefore, to provide safety & security methods for customers across the BFSI segment, the rise in demand to provide high-safety measures is expected to boost the secured payment solution market growth.

The global BFSI in IT market is segmented on the basis of type, information security type, physical security type, service type, enterprise size and region. Based on type, the market is divided into information security and physical security. In terms of information security type, the BFSI in IT market is categorized into identity and access management, risk and compliance management, encryption, firewall, unified threat management, data loss protection, antivirus/antimalware and others.

On the basis of physical security type, the market is divided into access control, video surveillance, intrusion & fire detection, physical security information management and others. On the basis of service type the BFSI in IT market is divided into system integration, maintenance & support and others. On the basis of enterprise size the market is divided into large enterprise, small & medium enterprises. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

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Key players operating in the global BFSI in IT industry include McAfee LLC, Microsoft Corporation, International Business Machines (IBM) Corporation, Cisco Systems Inc., Broadcom Inc., Check Point Software Technologies Ltd., Dell Inc., Imperva Inc., Fortinet Inc., Booz Allen Hamilton Inc., and Sophos Ltd. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global BFSI in IT market.

COVID-19 Impact Analysis

During the COVID-19 outbreak, majority of companies witnessed a devastating decline in the market; however, the BFSI sector had a positive impact, as governments declared lockdowns in the affected countries, which, in turn, enforced consumers to adopt technology more than before, and thus adoption of online and digital financial services increased rapidly globally.
During the pandemic, the BFSI sector providers increasingly offered software-as-a-service under security platforms, which is gaining traction. As a result, during the global health crisis, this has become one of the major factors affecting the BFSI in IT market forecast.

Top Impacting Factors

Increase in adoption of digitalization in the BFSI sector and rise in cyber data breaches drive the growth of the market. In addition, increasing adoption of cloud-based security solutions propels the growth of the market. However, the risk of third-party services is expected to hamper the growth of the market. Contrarily, increased adoption of advanced technologies across many organizations in the BFSI sector is expected to provide lucrative opportunities to the market in the coming years.

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Increase in Adoption of Digitalization in the BFSI Sector

The BFSI sector’s rapid adoption of technologies, such as artificial intelligence, machine learning, and block chain, resulted in massive data security threats. Furthermore, as this industry becomes more digitalized, demand for data security due to cyber-attacks and theft continues to rise in the BFSI market. Furthermore, banks, financial institutions, and other financing firms are rapidly transitioning to digitalized business operations, resulting in massive increase in the adoption and implementation of security solutions and services. As a result, cyber-security services are provided to protect the BFSI sector from such threats, which is one of the major factors driving the market growth and is expected to foster the growth of the BFSI in IT market during the forecast period.

Increased Adoption of Cloud-Based Security Solutions

During the forecast period, the BFSI sector, which was a pioneer in the adoption of computer and networking systems to reduce large, space-intensive repositories and databases, is expected to have a significant share of the cloud managed services market. The rapid adoption of cloud services by businesses across the world has fueled the growth of cloud managed services. Small & medium businesses have emerged as the most promising consumers of cloud services due to increased flexibility and introduction of “pay as you go” model.

As a result of the growing adoption of cloud services, the cloud managed services market is expected to grow rapidly. Moreover, increased importance of cloud-based security systems for protecting the banking systems and reducing data breach across different branches are the major factors accelerating the adoption of cloud-based securities. This is expected to foster the market growth during the forecast period.

Key Benefits of the Report

This study presents analytical depiction of the global BFSI in IT 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 detailed analysis of the BFSI in IT market share.
The current market is quantitatively analyzed to highlight the global BFSI in IT market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed BFSI in IT market analysis depending on the present and future competitive intensity of the market.

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