A Market Place Research – Page 2634

Food Colors Market to Witness Increase in Revenues by 2027

Food Colors Market by Type (Natural Colors and Artificial Colors), by Applications (Meat Products, Beverages, Dairy, Bakery & Confectionery, Processed Food & Vegetables, Oils & Fats, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027″.According to the report, the global food colors industry accounted for $2.1 billion in 2019, and is anticipated to garner $3.5 billion by 2027, growing at a CAGR of 12.4% from 2020 to 2027.

Rise in demand for natural colors owing to their organic properties, surge in consumer demand for clean label color products, and increase in marketing activities and enhancement in distribution channels have boosted the growth of the global food colors market. However, high extraction cost of natural ingredients, increase in awareness regarding side effects of artificial food colors, and lack of awareness about food colors in undeveloped nations hamper the market growth. On the contrary, increase in demand for cost-effective natural products and surge in investments by small- and mid-sized food products manufacturing companies are expected to open lucrative opportunities for the market players in the coming years.

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Covid-19 scenario:

The outbreak of the Covid-19 has greatly affected the growth of the global food colors market. Increase in awareness regarding strong immunity and side-effects of artificial food colors have increased the demand for natural colors. Acceleration of back-to-basics trend that encourages people to make bakery and other food recipes at homes is expected to increase demand for natural colors.

By type, the natural color segment held the largest share in 2019, accounting for more than two-thirds of the global food colors market. Moreover, the segment is expected to register the highest CAGR of 13.9% during the forecast period, owing to rise in consumer preference and awareness regarding their health benefits associated with natural colors. The research also analyzes the artificial color segment.

By application, the bakery & confectionery segment is expected to manifest the highest CAGR of 13.8% during the study period. This is attributed to surge in demand for bakery & confectionery items, busy lifestyle, and increase in preference for fresh & ready-to-eat convenience foods comprising high nutritional values.However, the meat products segment dominated the market in 2019, contributing to around one-fifth of the global food colors market, as these products serve as a rich and concentrated source of nutrients, including proteins, fats, vitamins B12, iron, and zinc.

North America held the largest share in 2019, accounting for nearly one-third of the global food colors market, owing to rise in health consciousness among consumers and upsurge in prevalence of diseases caused by artificial colors has encouraged people to opt for natural colors. However, the market Asia-Pacific is expected to register the highest CAGR of 14.8% from 2020 to 2027, due toincrease in investments by several small and midsized food manufacturing companies in developing countries.

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Leading market players analyzed in the research include Givaudan (Naturex S.A.), AromataGroup SRL (FiorioColori SPA),Archer Daniels Midland Company,Kalsec, Inc., D.D. Williamson & Co. Inc. (DDW), Chr. Hansen A/S, International Flavors & Fragrances,Dohler Group,Sensient Technologies Corporation, and Koninklijke DSM N.V.

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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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Desk Chairs Market Size with Covid-19 Pandemic Analysis, Growth Rate, New Trend Analysis Forecast To 2021-2030

Allied Market Research published a new report, titled, “Desk Chairs Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape.

The conventional desk chair leads to chronic pain in the back muscles, neck and arms. Chronic pain reduces the performance of employees by restricting them to limited use. Manufacturing companies are introducing ergonomically designed desk chairs with full-size lumbar support, seat side control, neck pillow and tilting capacity. Ergonomic desk chairs will attract consumers and will help to grow the desk chair market in upcoming years.

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The manufacturing companies are forming a partnership with the MNCs to increase their sale. It is a strategy by which the employees will use the chairs at the desk, and when they experience the advantage, they can opt to purchase the chairs for their homes. Remote working is getting popular, and after the outbreak of the COVID-19 pandemic, it has been part of the employee’s daily routine.

The introduction of desk chairs with added features such as broad armrest, vibration massager, heating pad and others will benefit the employees in every possible way. These new features are expected to be a game-changer in the desk chair market, and the popularity may increase sale. Every employee is fond of the comfort and convenience, both this benefit helps to increase the productivity in an employee.

The increasing concerns regarding health and fitness in employees are affecting their performance at work. The health and fitness concern in employees is encouraging them to find alternatives. Ergonomic chairs are gaining popularity among employees, as the chair offers lumbar support and employees can work for hours sitting on it comfortably.

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The demand for desk chairs has increased in households as consumers were restricted to their homes leading to a shift in remote working. This shift of working condition had raised the requirement for desk chairs as the consumers wanted to have a proper setup to work for long hours. The consumers do not want to comprise with comfort and affect their performance by the use of ordinary chairs.

The key market players profiled in the report include Haworth, Inc., Herman Miller, Inc., Steelcase, Inc., HNI Corp, KOKUYO Co. Ltd., Knoll, Inc., Omega HNI Corp., OKAMURA Corp, IKEA Holding, BV., and Kimball International, Inc.

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○ This study presents the analytical depiction of the desk chair industry along with the current trends and future estimations to determine the imminent investment pockets.
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○ The current market is quantitatively analyzed from 2020 to 2030 to highlight the desk chair market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed desk chair market analysis on the basis of competitive intensity and how the competition will take shape in coming years

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Carboxymethyl Cellulose Market to Witness Robust Expansion by 2030

Carboxymethyl Cellulose Market by Purity Level (Highly Purified, Technical Grade, and Industrial Grade), Application (Food & Beverages, Oil & Refining, Pharmaceutical, Paint & Textile, Cosmetics & Personal Care, Paper Coating & Household Care, and Others), and Property (Thickening Agent, Stabilizer, Binder, Anti-Repository Agent, Lubricator, Emulsifier, and Excipient): Global Opportunity Analysis and Industry Forecast, 2021–2030″. According to the report, the global carboxymethyl cellulose industry generated $1.56 billion in 2020, and is anticipated to generate $2.43 billion by 2030, witnessing a CAGR of 4.0% from 2021 to 2030.

Increase in demand for carboxymethyl cellulose in e-vehicle batteries, development of biopolymer composites films, use of carboxymethyl cellulose in 4D printing of polyurethane paint, and development of edible film coatings drive the growth of the global carboxymethyl cellulose market. However, availability of substitute products and decline in raw material resources hinder the market growth. On the other hand, diversified use of carboxymethyl cellulose and expansion of market in clean label present new opportunities in the coming years.

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Covid-19 Scenario

The outbreak of the Covid-19 pandemic led to the global lockdown and temporary closure of restaurants or quick service restaurants (QSR), textile industry, paper coating industry, and others. This hampered the growth of the global carboxymethyl cellulose market. Furthermore, the lockdown caused supply chain disruptions and lack of availability of labor force. Import and export restrictions on goods and quarantine and lockdown measures imposed by governments are key challenges that exporters are facing during this pandemic.

Based on application, the food & beverages segment held the highest market share in 2020, accounting for more than one-third of the global carboxymethyl cellulose market, and is estimated to maintain its leadership status throughout the forecast period. Moreover, the same segment is projected to manifest the highest CAGR of 5.0% from 2021 to 2030. CMC reduces food production cost, improves food taste, increases food grade, and enhances shelf life. Thus, it is majorly used as an additive in the food industry. Moreover, there has been an increase in the use of carboxymethyl cellulose in bakery products as CMC is a good emulsifier. Furthermore, it is used in non-alcoholic drinks as it helps in stabilizing, emulsifying, and thickening of the drinks. This, in turn, fosters the growth of the CMC market.

Based on property, the thickening agent segment accounted for the largest share in 2020, contributing to more than one-fourth of the global carboxymethyl cellulose market, and is projected to maintain its lead position during the forecast period. Moreover, the same segment is expected to portray the largest CAGR of 5.1% from 2021 to 2030, owing to the rise in its usage in diversified industries such as paints, cosmetics, paper & household care industry, oil & refining industry, constructive industry, pharmaceutical, and construction.

Based on region, Asia-Pacific, followed by North America, held the highest market share in terms of revenue in 2020, accounting for around one-third of the global carboxymethyl cellulose market. Moreover, the Asia-Pacific region is expected to witness the fastest CAGR of 5.9% from 2021 to 2030, owing to its increase in usage in food & beverages owing to its efficient thickener properties and ability to control and hold water to increase shelf life. Other regions discussed in the report include Europe and LAMEA.

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The key players profiled in the carboxymethyl cellulose market analysis include Ashland Global Holdings Inc., Changzhou Science and Technology Co., Ltd., DKS Co Ltd, Carlyle Investment Management L.L.C., Formitex Empreendimentos e Participações Ltda., Mikro-Technik GmbH & Co. KG, Zibo Hailan Chemical Co., Ltd., Chongqing Lihong Fine Chemicals Co.,Ltd, Amtex Corp SA de CV and Nippon Paper Industries Co., Ltd.

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OTT Market in Indonesia Growing at a CAGR of 33.1% | Insights by Latest Trends, Future Growth Factors by 2027

Shift toward the local content and integration of advanced technologies create new opportunities in the coming years. Rise in prominence of direct carrier billing, surge in subscription of over-the-top video (SVoD), increase in penetration of smartphones and compatibility with OTT applications, and high speed of internet drive growth of the Indonesia over-the-top market.

Major market players – CatchPlay, Iflix, HOOQ, PT. Media Nusantara Citra Tbk. (MNC Media), Mola TV, PT Telekomunikasi Selular (Telkomsel), Netflix Indonesia, Tbk (Telkom Indonesia), PT. Telekomunikasi Indonesia, Vidio.com, and Viu.

The OTT market in Indonesia garnered $213 million in 2018, and is projected to reach $1.50 billion by 2026, registering a CAGR of 27.7% from 2019 to 2026. The report offers a detailed analysis of changing market trends, top investment pockets, major winning strategies, value chain, key segments, and competitive landscape.

The report offers a detailed segmentation of the Indonesia over-the-top market based on component, device type, content type, revenue model, user type, and end user. Based on component, the solution segment held the major share of the overall Indonesia over-the-top market in 2018, and is estimated to maintain its highest contribution during the forecast period. However, the services segment would register the highest growth rate from 2019 to 2026, as they are available in reduced cost and offer improved performance of OTT platforms.

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Based on revenue model, the advertisement segment accounted for the highest market share in 2018, and will maintain its contribution by 2026. Based on user type, the commercial segment held the highest share in terms of revenue in 2018. However, based on end user, the education & training segment is projected to portray a considerable growth rate in the upcoming years.

Based on device type, the smartphones segment dominated the market share in 2018, and is estimated to maintain its dominance during the forecast period. This is due to rise in adoption of smartphone devices and surge in delivery of content over mobile networks with excellent mobile broadband coverage.

Covid-19 scenario:

There is a massive spike in utilization of over-the-top platforms. Indonesian people have been adopting them as a source of entertainment to pass their time as they have to stay at homes during the lockdown.
OTT providers have capitalized on the situation by implementing innovative strategies to increase paid subscriber base, which in turn, will raise profitability.
With increase in the subscription user base, OTT players are expected to achieve more profitability from subscriptions than in-app advertisements.

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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.

Application Transformation Market Expected to Reach $25.37 Billion by 2027

As per the report, the global application transformation industry was pegged at $9.21 billion in 2019, and is estimated to reach $25.37 billion by 2027, growing at a CAGR of 13.2% from 2020 to 2027.

High cost of maintenance of legacy applications, ongoing trend of legacy modernization, advent of cloud technology, and rise in consumption of big data drive the growth of the global application transformation market. However, complexity in legacy systems hinders the market growth. On the contrary, increase in adoption of advanced technologies such as 5G, AI, and ML and increase in need for digital transformation are expected to open lucrative opportunities for the market players in the future.

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By service type, the cloud application segment is estimated to register the highest CAGR of 16.5% from 2020 to 2027, due to ability of the cloud application migration to offer advanced technology, scalability, cost savings, and real-time accessibility. However, the application integration segment dominated the global application transformation market in 2019, accounting for more than one-fourth of the market, owing to rise in demand for integration of dated legacy applications as well as databases with advanced applications.

By industry vertical, the IT and telecom segment dominated the market in 2019, contributing to around one-fourth of the global application transformation market, due to rise in adoption of application transformation as the constant innovations in customer products and services are being delivered. However, the manufacturing segment is projected to manifest the highest CAGR of 17.0% during the forecast period. This is owing to growth in adoption of application transformation in the manufacturing sector that delivers manufacturing execution systems (MES), enterprise resource planning (ERP), and analytics services to the manufacturing industry.

By region, the market across North America held the lion’s share in 2019, accounting for around two-fifths of the market, due to presence of several key vendors in the region and rise in investment in R&D activities. However, the global application transformation market across Asia-Pacific is expected to showcase the highest CAGR of 15.9% during the forecast period, owing to adoption of innovative technologies as well as ongoing digital transformation initiatives in Asian countries.

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

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

Online Lottery Market Size, Growth Analysis, Opportunities, Business Outlook and Forecast to 2021-2030

Allied Market Research published a new report, titled, “Online Lottery Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

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Integration of these analytics technologies will provide for a better knowledge of performance and income potential. Lottery revenues climbed globally in 2017, and the market has remained stable and consistent. The total sales of lotteries through mobile devices have expanded tremendously as internet prevalence and smartphone use have surged. Furthermore, the worldwide online lottery market’s growth and development will be aided by the rapidly changing technology landscape.

During the forecast period, the introduction and development of new technologies are projected to disrupt and change the worldwide online lottery market. The worldwide market will be revolutionized by the use of big data, which provides contextual insights into consumer trends as well as a thorough real-time study of the industry landscape.

The rise in online betting platforms is credited with increasing demand for online lottery games. Online sports betting platforms have seen a surge in popularity, particularly with the advent of virtual competitions such as fantasy team leagues, in which participants establish their own teams and compete online for the most points.

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While many governments and financial institutions have opposed the usage of cryptocurrencies, the online gambling sector has jumped at the chance to gamble with digital money on block chain-based platforms. Cryptocurrencies are increasingly being used to place wagers on the worldwide online gambling market.

The key market players profiled in the report include Lotto Direct, Lotto Send, Play UK Internet, Legacy Eight, Lotto Agent, Ardua Ventures (OneLotto.com), Bmillions, Betpoint Group, Camelot Group, IGT, Jackpot.com, LotteryMaster, LottosOnline, Lottoland, Lotto247, Morpheus Games, MultiLotto, Playtech, Svenska Spel, Tatts Group, win2day, Y&M Hans Management Limited.

COVID-19 Impact analysis

○ Gamblers that have a lot of spare time are always placing bets, which results in large losses. This can lead to gambling addiction. As a result, all gambling platforms must provide responsible gambling services to assist individuals who have been impacted.
○ Concerns have been raised concerning the COVID-19 pandemic’s possible influence on mental health, as well as increasing online behavior and gambling problems, such as among sports bettors who may be tempted to switch to even riskier types of gambling during sports lock-down.

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○ This study presents the analytical depiction of the online lottery 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 online lottery market share.
○ The current market is quantitatively analyzed from 2020 to 2028 to highlight the online lottery market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed online lottery market analysis based on competitive intensity and how the competition will take shape in coming years.

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Bot Services Market Expected to Reach $7.8 Billion by 2030

According to the report published by Allied Market Research, the global bot services market was estimated at $537 million in 2020 and is expected to hit $7.8 billion by 2030, registering a CAGR of 30.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Enhanced customer experience and compatibility with advanced data analysis and emergence of deep learning tools drive the growth of the bot services market. On the other hand, lesser flexibility and customizations as compared to on-premises solutions restrain the growth to some extent. However, advancements in the field of artificial intelligence & machine learning and developments in digital media platforms and their growing impact on businesses are anticipated to create lucrative opportunities in the industry.

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The global bot services market is analyzed across technology, deployment, mode, end user, and region. Based on technology, the framework segment accounted for around two-thirds of the total market revenue in 2020, and is expected to lead the trail by 2030. The platform segment, on the other hand, would register the fastest CAGR of 31.9% during the forecast period.

Based on mode, the audio segment contributed to around two-thirds of the total market share in 2020, and is anticipated to dominate by 2030. Simultaneously, the text segment would cite the fastest CAGR of 31.9% throughout the forecast period.

Based on region, North America held the major share in 2020, garnering nearly two-fifths of the global bot services market. At the same time, the market across Asia-Pacific would showcase the fastest CAGR of 33.0% from 2021 to 2030. The other provinces studied in the report include Europe and LAMEA.

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Smart Cities Market in Saudi Arabia Ready to Hit $14,745.2 million by 2027, at CAGR of 19.6% details shared in the report

The environmental friendliness of smart cities and technological advancements in IoT and cloud technologies are expected to open lucrative opportunities for the market players in the future. Rise in efforts to minimize oil dependency, proactive smart city initiatives, and surge in investments by government have boosted the growth of the Saudi Arabia smart cities market.

Key market players – AT&T, Inc., Cisco Systems Inc., Ericsson, General Electric, Hitachi Ltd., Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, and Schneider Electric SE.

The smart cities market in Saudi Arabia was pegged at $3.55 billion in 2019 and is projected to reach $14.74 billion by 2027, growing at a CAGR of 19.6% from 2020 to 2027.

By functional area, the smart infrastructure segment held the lion’s share in 2019, accounting for nearly one-fifth of the Saudi Arabia smart cities market. This is due to the benefits of smart infrastructure such as continuous connectivity of physical objects with the internet and rapid urbanization. However, the smart energy segment is estimated to manifest the highest CAGR of 22.6% during the forecast period, owing to rise in challenges of electrical systems such as aging infrastructure and growth in the number of variable renewable energy sources and electric vehicles.

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Covid-19 scenario:

Although the Covid-19 pandemic has severely affected major industrial sectors, the smart cities market witnessed revenue growth during the period. The rise in requirements from the healthcare and transportation systems has increased the demand for smart cities.
Moreover, there is a high demand for healthcare systems that need minimal human contact due to prolonged lockdown.

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

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

Privileged Access Management Solutions Market to Garner $19.73 Billion By 2030

According to the report published by Allied Market Research, the global privileged access management solutions market generated $2.47 billion in 2020, and is expected to garner $19.73 billion by 2030, witnessing a CAGR of 23.1% from 2021 to 2030. The report offers a detailed analysis of changing market trends, key segments, key investment pockets, value chain, regional scenario, and competitive landscape.

Increase in cyber-attacks due to internal threats, need to optimize enterprise efficiency, and rise in government regulations to adopt cybersecurity practices drive the growth of the global privileged access management solutions market. However, lack of sufficient knowledge about emerging security risks hinders the market growth. On the other hand, surge in digitization and adoption of privileged access management services present new opportunities in the future.

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The report offers detailed segmentation of the global privileged access management solutions market based on offering, deployment model, enterprise size, industry vertical, and region.

Based on deployment model, the on-premise segment accounted for the highest share in 2020, holding more than two-thirds of the total share, and is estimated to maintain its leadership status during the forecast period. However, the cloud segment is expected to register the largest CAGR of 25.5% from 2021 to 2030.

Based on industry vertical, the government & public sector segment held the highest share in 2020, accounting for around one-fourth of the global privileged access management solutions market, and is estimated to maintain its lead position during the forecast period. However, the energy & utilities segment is expected to witness the fastest CAGR of 26.4% from 2021 to 2030.

Based on region, North America contributed to the highest share in 2020, holding nearly two-fifths of the total share, and is projected to maintain its dominance in terms of revenue by 2030. However, Asia-Pacific is projected to manifest the fastest CAGR of 25.4% during the forecast period.

Impact of Covid-19 on Privileged Access Management Solutions Market-

There has been an increase in adoption of cloud-based technology for data cyber-security during the Covid-19 pandemic with implementation of the “work from home” culture among enterprises and organizations.
The adoption of privileged access management solutions among BFSI, IT & telecom, government & public sector, healthcare, retail & e-commerce sectors increased considerably to protect data and avoid data breaches.
The number of cyber-attacks rose during the Covid-19 pandemic and the need to implement cyber-security solutions increased. This led to the growth of the global privileged access management solutions market.

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Big Data and Business Analytics Market: Industry Value is Projected to Reach $684.12 Billion by 2030, at CAGR of 13.5%

Trends such as social media analytics and the need to avail insights for business planning create new opportunities in the coming years. The increase in adoption of big data analytics software by multiple organizations and demand for cloud-based big data analytics software among SMEs drive the growth of the global big data and business analytics market.

Key industry players – Amazon Web Services, IBM Corporation, Fair Isaac Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Hewlett Packard Enterprise Development LP, TIBCO Software Inc., SAS Institute Inc., and Teradata Corporation.

The global big data and business analytics market generated $198.08 billion in 2020 and is expected to generate $684.12 billion by 2030, witnessing a CAGR of 13.5% from 2021 to 2030.

The report offers detailed segmentation of the global big data and business analytics market based on component, deployment model, analytics tools, application, industry vertical, and region.

Based on region, North America contributed to the highest share in 2020, accounting for more than half of the total market share, and is estimated to maintain its dominance by 2030. However, Asia-Pacific is expected to portray the fastest CAGR of 17.5% during the forecast period.

Based on components, the service segment held the highest share in 2020, accounting for nearly half of the total share, and is estimated to maintain its lead in terms of revenue during the forecast period. However, the software segment is expected to witness the highest CAGR of 14.8% from 2021 to 2030.

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Based on industry vertical, the BFSI segment accounted for the largest share in 2020, contributing to nearly one-fifth of the global big data and business analytics market, and is expected to continue its leadership status during the forecast period. However, the retail & e-commerce segment is projected to register the fastest CAGR of 15.9% from 2021 to 2030.

Covid-19 Scenario:

Owing to the adoption of “work from culture” by organizations with the implementation of lockdown measures, the need for big data and business analytics increased.
The amount of data generated rose and organizations adopted the software and services to analyze the data and improve overall productivity and security. The adoption of cloud-based services increased considerably.
The changes in buying patterns and customer interactions led companies to implement analytics tools to gain insights and make changes in business models to achieve optimum profitability and retain customers.

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