A Market Place Research – Page 93

Advanced High-Strength Steel Market Rising Trends, Demands and Business Outlook 2019 to 2023

According to a new report published by Allied Market Research titled, “Advanced High- Strength Steel Market by Grade and End User: Global Opportunity Analysis and Industry Forecast, 20172023,” the global advanced high-strength steel market size was valued at $13,147 million in 2016, and is expected to reach $29,151 million by 2023, registering a CAGR of 12.2% from 2017 to 2023. North America dominated the global market in 2016, accounting for one-third share of the total revenue.

Advanced high-strength steels, also known as AHSS, are the complex materials produced from heating and cooling processes. The demand of new steel is witnessed increasingly across the world owing to its ductility and formability. In addition, replacing cast iron and conventional steel components with AHSS directly reduces chassis by up to 50%, and thus minimizes fuel consumption of the vehicle. Thus, the adoption of lightweight steel facilitates the incorporation of additional advanced emission control system, safety devices, and integrated electronic systems without hampering the overall vehicle weight. This further supplement the growth of the global advanced high-strength steel market.

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The deployment of AHSS in the automobile industry experiences significant growth. The continuous adoption of the new technologies and grades is expected to shape the automotive sector by providing lighter vehicles and meeting fuel efficiency standards. In addition, it facilitates enhanced performance of the vehicle and superior strength that is achieved with lighter and thinner materials. Implementation of stringent government regulations to reduce the emission of CO2 drives the growth of the advanced high-strength steel market in the automobile industry. Carmakers replace conventional steels with new grades of AHSS and offer lighter body designs with an aim to reduce GHG emissions and improve fuel economy. The body in white (BIW) structure saves around 25% of mass and 9% of total vehicle weight.

The demand for lightweight components, growth in automotive industry, and the need to reduce CO2 emission levels are anticipated to drive the growth of the advanced high-strength steel market during the forecast period. In addition, the growth in shipbuilding industry and increase in urbanization and industrialization, particularly in the developing economies is projected to create lucrative opportunities for AHSS manufacturers to provide their efficient designs to the shipbuilding manufacturers.

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Increase in passenger traffic accounted for delivery of around 1,400 airplanes in 2015; this number increased to around 2,400 airplanes in 2016. Around 39,620 new airplanes are estimated to be delivered globally by 2035. AHSS is used in the aerospace industry in the production of variety of complex components and tight tolerance parts. Thus, the growth in aerospace industry is anticipated to create lucrative opportunities for the aircraft makers.
The Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) formulated a national program for greenhouse gas emissions and fuel economy standards. The program aims to minimize the GHG emissions through improved fuel economy. In addition, it is expected to cut around six billion metric tons of GHG for the vehicles sold in between 2012 and 2025, thereby saving more than $1.5 trillion in fuel costs. The increased consciousness to reduce CO2 and GHG emission levels and stringent government regulations drives the growth of the global advanced high-strength steel market.
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Key Findings of the Advanced High-strength Steel Market:
• In terms of value, the dual phase segment in the global advanced high-strength steel market is expected to grow at a CAGR of 13.0% during the forecast period.
• North America is expected to dominate, registering a CAGR of 11.3% in terms of value.
• Automotive industry is anticipated to dominate global market registering a CAGR of 12.5%.
• Asia-Pacific is projected to show exponential growth in demand throughout 2023, growing at a CAGR 14.0% of in terms of value.
• In the global market, India is expected to grow at a CAGR of 14.0%, in terms of value.

Key players profiled in the global advanced high-strength steel industry include Tata Steel Limited, ArcelorMittal S.A., NanoSteel, AK Steel Corporation, Nucor Corporation, MTL Advanced Ltd., United States Steel Corporation, Baoshan Iron and Steel Co. Ltd., Kobe Steel Ltd., and SSAB AB.

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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Process Water Treatment Market Size, Volume, Revenue Trends Analysis Report 2023-2029

Allied Market Research recently published a report, titled, “Process Water Treatment Market by Technology (Activated Carbon Filters, Chlorination, Distillation, Electrodeionization, Ion Exchange, Microfiltration, Nanofiltration, Reverse Osmosis, Ultrafiltration, and Others), Manufacturing Process (Boiler Make-Up Water, Cooling Tower Make-Up Water, Coating & Plating, Rinsing & Spraying, Washing, and Others), and Application (Municipal, Industrial and Others): Global Opportunity Analysis and Industry Forecast 2021-2030″. As per the report, the global process water treatment industry was accounted for $263.1 billion in 2020, and is expected to reach $520.4 billion by 2030, growing at a CAGR of 7.0% from 2021 to 2030.

Drivers, restraints, and opportunities
Rise in demand for clean water from end-use industries, surge in industrial water discharge, and increase in pollution due to dumping of industrial waste coupled with rapid growth and investment in the industrial sector have boosted the growth of the global process water treatment market. However, presence of alternative water treatment methods hinders the market growth. On the contrary, surge in demand from emerging economics is expected to create lucrative opportunities for the market players in the future.

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Covid-19 scenario:
• The pandemic negatively affected the water industry’s investment rates as several companies halted or postponed their production activities.
• The ban on manufacturing and production operations in many countries to maintain personal hygiene and sanitization hampered the market. Moreover, the lockdown disrupted the supply chain.

The Distillation segment held the lion’s share
By technology, the distillation segment held the largest share in 2020, accounting for nearly one-tenth of the global process water treatment market. In addition, the segment is expected to register the highest CAGR of 8.6% during the forecast period, owing to encouragement by several governments and strict laws imposed on emission of wastewater. The report includes an in-depth analysis of segments such as activated carbon filters, chlorination, electrodeionization, ion exchange, microfiltration, nanofiltration, reverse osmosis, ultrafiltration, and others.

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The industrial segment to manifest the highest CAGR through 2030
By application, the industrial segment would showcase the highest CAGR of 8.3% from 2021 to 2030. In addition, the segment held the largest share in 2020, contributing to more than two-fifths of the global process water treatment market, due to rise in industrialization and urbanization. The report includes analysis of the segments such as municipal and others.

Asia-Pacific, followed by North America, held the largest share
By region, the market across Asia-Pacific, followed by North America, held the largest share in 2020, accounting for nearly one-third of the market. In addition, the region is projected to manifest the highest CAGR of 7.5% during the forecast period, due to rise in demand from municipal, industrial, and other end users. The global process water treatment market across North America is expected to register the highest CAGR of 7.1% during the forecast period.

Major Market Players
• Advantage engineering, Inc.
• BWT
• DuPont
• Evoqua water technologies LLC
• Lenntech B.V.
• Pentair Plc.
• Samco technologies, Inc.
• Spirax sarco limited
• SUEZ
• Water professionals
• Yasin Porozheh Company

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Generative AI Market to Reach $126.5 Billion, Globally, by 2031 at 32% CAGR: Allied Market Research

Wide applications of AI-integrated systems across various verticals, the rise in need to create virtual worlds in the metaverse and modernize the workforce across various industries, and growth in popularity of generative AI in the healthcare industry for rendering several products & services are driving the growth of the generative AI market. However, generative AI has security issues as some models can be used fraudulently, leading to increased identity theft and high implementation cost. This factor is likely to hinder the market growth during the forecast period. On the other hand, an increase in demand for machine learning and deep learning will present new growth opportunities for the global market in the coming years.

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Covid-19 Scenario:

► The outbreak of the COVID-19 pandemic had a positive impact on the generative AI market.

► This is due to the rise in the need for generative AI among enterprises for improving their customers’ needs and creating personalized experiences, such as personalized music playlists, personalized news feeds, and personalized product recommendations driving the growth of the market.

► A new funding was announced by the Chinese government to support innovations arising from the COVID-19 outbreak. In January 2023, tech companies in China took efforts to develop their own AI universe. Local Chinese governments are also investing in several projects on their own through IDEA, a research lab owned and backed by the Chinese Communist Party.

Based on component, the software segment contributed to the largest share of more than two-thirds of the global generative AI market in 2021 and is expected to maintain its dominance during the forecast period. This is owing to the integration of techniques from machine learning, such as deep learning and neural networks to learn the patterns and characteristics of the training data and then generate new and similar data. The services segment, however, is projected to witness the fastest CAGR of 33.3% from 2022 to 2031. This is owing to the surge in demand for generative AI service models, which can be used to generate a wide variety of outputs, such as text, images, and audio.

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Based on end user, the media and entertainment segment grabbed the highest share of one-third of the overall generative AI market in 2021 and is expected to dominate the market during the forecast period. This is owing to the surge in the use of generative AI to create realistic virtual & augmented reality experiences. The BFSI segment, on the other hand, is projected to witness the fastest CAGR of 35.7% from 2022 to 2031. This is owing to the surge in the use of generative AI to provide personalized financial advice to customers.

Based on region, the market in North America was the largest in 2021, accounting for two-fifths of the global generative AI market and is likely to maintain its dominance during the forecast timeframe. This is owing to the growth in the adoption of generative AI to train robots & autonomous systems to learn from their environment and adapt to new situations. However, the market in Asia-Pacific is likely to show the fastest CAGR of 34.4% during the forecast period. This is due to the presence of a vibrant start-up ecosystem in the region. Also, many new companies in the region are being formed to develop & commercialize AI technology, including generative AI.

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The report analyzes these key players of the global generative AI market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

Leading Market Players

► IBM Corporation

► Genie AI Ltd.

► MOSTLY AI, Inc.

► Google LLC

► D-ID

► Rephrase.ai

► Amazon Web Services, Inc.

► Microsoft Corporation

► Adobe Inc.

► Synthesia

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

About us:

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

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies.

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

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Subscriber Data Management Market is Expected to Reach $25.5 Billion by 2031: Allied Market Research

The growing digitalization and rising adoption of cloud-based services across the world, the increase in the adoption of subscriber data management solutions to enhance operation & productivity, the growing number of mobile devices and NFV and IP system deployments along with the increasing demand for advanced network technologies, such as LTE and VoLTE drive the growth of the global subscriber data management market.

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Covid-19 Scenario:

► The outbreak of the COVID-19 pandemic positively impacted the growth of the subscriber data management market.

► It introduced considerable challenges for companies that execute key processes, report accurately with data spread over multiple locations, and operate complex systems. Hence, a greater number of companies invested in SDM solutions. SDM solutions provide huge scalability and continual enhancement of functionalities, which are essential in accomplishing digital transformation.

► Businesses invested more money on SDM solutions due to the growing trend of personalized business operation as a way to enhance the customer experience. Moreover, SDM solutions offered firms with several benefits, such as controlling budget and enhancing financial revenue management.

The report offers a detailed segmentation of the global subscriber data management market based on solution, network type, deployment model, enterprise size, application type, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

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Based on solution, the subscriber data repository segment held the largest share in 2021, accounting for nearly two-fifths of the global subscriber data management market and would dominate the market in terms of revenue through 2031. The subscriber location and device information management segment, however, is estimated to witness the fastest CAGR of 22.4% during the forecast period. The report also discusses the subscriber policy management and the subscriber identity management segments.

Based on enterprise size, the large enterprises segment held the largest share in 2021, accounting for two-thirds of the global subscriber data management market and would dominate the market in terms of revenue through 2031. The small and medium enterprises segment, however, is estimated to witness the fastest CAGR of 22.1% during the forecast period.

In terms of application type, the mobile segment captured the largest market share of nearly two-thirds of the global subscriber data management market in 2021 and is expected to lead the trail during the forecast period. However, the voice over internet protocol (VoIP) segment is likely to achieve the fastest CAGR of 22.9% through 2031. The report also studies the others segment.

Based on region, the market in North America was the largest in 2021, accounting for nearly two-fifths of the global subscriber data management market. However, the market in Europe is likely to lead in terms of revenue during the forecast period. However, the market in Asia-Pacific is likely to manifest the highest CAGR of 21.6% from 2022 to 2031. The other region analyzed in the study include Asia-Pacific.

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The report analyzes these key players of the global subscriber data management market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

Key Market Players:

► Amdocs Inc.

► Telefonaktiebolaget LM Ericsson

► Oracle Corporation

► Nokia Corporation

► Optiva, Inc.

► Hewlett Packard Enterprise Company

► Computaris International

► Cisco System, Inc.

► ZTE Corporation

► Huawei Technologies Co., Ltd.

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About us:

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.

Contact:

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5933 NE Win Sivers Drive

#205, Portland, OR 97220

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“Explosive Growth in Custom Application Development Market Driven by Digital Transformation Initiatives !!”

Rise in need for business-specific software solutions majorly drives demand for custom software development services. In addition, increase in use of chatbots for custom communication in organizations enhances growth of custom software development services market. However, initial development as well as implementation of custom software is expensive as compared to basic software solutions, which is the major challenge to the market growth. Furthermore, emergence of open-source platforms for application development is opportunistic for the market as it can empower any custom web application with comprehensive and unique features.

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Impact of COVID-19 on Custom Application Development Market:

➢ Due to the sudden outbreak of COVID-19 pandemic, many factories and technical units are running limited operations or stopped production and temporarily closed their units. However, use of online services have increased considerably as people locked down at their homes. It gives rise to need of customized software solutions for online retailers and e-stores, gaming & entertainment, and financial, banking, and payment services.

➢ This pandemic expected to help increase in development and adoption rate of custom mobile app solutions to leverage organization, business, or service. Businesses are looking for building new software solutions that will help them to collaborate remotely, optimize productivity with less staff, and digitalize their offerings.

➢ As the speed becomes important in these troubled times, businesses are embracing software development outsourcing partners that can support them to build quality software quickly and at a lesser cost.

Artificial Intelligence (AI) is an essential component of all digital platforms. There is a trend of businesses to integrate advanced machine learning (ML) abilities in their applications to offer exceptional user experience. For instance, AI-powered chatbotshelp businesses to serve hundreds of customers easily.

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Chatbots is one of the leading technologies among other software development technologies as it assists software to develop customer-friendly bots. Chatbots are emerging as easiest &fastest way and a complete solution for establishment and maintenance of custom communication with an ease of business. It can be observed that number of entrepreneurs are growing along with their businesses; and there is a definite requirement of chatbots. With an increase in chatbots development trend, custom application development market flourishes.

Businesses around the world uses some form of open-source software in their stack for crucial solutions. In addition, software developers are constantly demanding best possible techniques that emerges in the field of open source to help them develop open source technique-based software applications. There is a growth trend for using different open source platforms including Java, Hadoop, PHP, Angular, or React. Open source programming experts working on multiple platforms to empower custom web applications with unique and comprehensive features.

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Leading Market Players:

➢ Accenture plc

➢ Zoho Corporation

➢ Capgemini SE

➢ NIX Solutions Ltd.

➢ Cognizant Technology Solutions Corporation

➢ Tata Consultancy Services

➢ IntellectSoftand

➢ HCL Technologies Ltd.

➢ Infosys

➢ International Business Machines Corporation

These players have adored various strategies to increase their market penetration and strengthen their position in the industry. Current and future Custom Application Development market trends are outlined to determine the overall attractiveness of the market.

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About Us:

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

Contact:

David Correa
5933 NE Wi
Toll-Free: 1-800-792-5285
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United States
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“Cognitive Analytics Market Flourishes with AI-Powered Decision Support Systems !!”

Cognitive analytics tool continuously learns from data and human machine interactions to become smarter, having a goal to blend traditional analytics technique with AI and ML features for advanced analytics outcome. Improved customer engagement, high productivity efficiency, and high business growth are some of the expected benefits of the cognitive analytics market.

One of the greatest challenges of cognitive analytics is the time invested on development of scenario-based applications via cognitive computing. As development cycle of cognitive analytics is very lengthy and it cannot be implemented across multiple industry segments as it requires powerful development teams and a considerable amount of time to develop a solution, thus restrains growth of the cognitive analytics market.

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COVID-19 scenario Analysis:

➢ The emergence of COVID-19 pandemic has severely affected almost all industries across the world. Further, lockdown enforcements and restrictions on movements of non-essential goods as well as resources in various countries has disrupted supply chain of electronic components & networking equipment. Thus, this has led to delay in supply of electronic components required in manufacturing of network equipment.

➢ Adoption of big data and artificial intelligence (AI) are set to increase, though global IT spending is expected to drop 3 to 4% this year, with a severe impact on hardware and slowdown in software and services business.

➢ Data science teams are being called into action to crunch petabytes of data and build best business models on trusted data for decision makers to quickly prepare contingency plans. This is where enterprises use AI, machine learning, and natural language processing to mine data and build predictive or prescriptive models.

➢ The COVID-19 crisis is an opportunity for IT vendors to build and improve their capabilities on AI and big data. Relatively smaller companies are also launching dedicated AI-based apps to assist people in the crisis and are adopting different analytical strategies, which is expected to impact the market positively.

➢ However, it is expected that the COVID-19 pandemic has resulted in growing use of big data, machine learning, automated reasoning, and natural language processing as tools to limit spread of the contagion, which increases demand for cognitive systems spending.

➢ In addition, these trends have an impact on government, finance, insurance, and investment services, which could potentially generate improved revenue flow in the cognitive systems spending market, which is opportunistic for the market.

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Factors such as rise in adoption of cognitive computing technology, introduction of advanced analytics techniques, growth in penetration of IoT devices, and continuously generation massive volume of unstructured data, are expected to drive growth of the cognitive analytics market. However, complex adoption and lengthy development cycle hinders growth of the market. Furthermore, increase in adoption of cloud technology among small and medium enterprises create numerous opportunities for the global cognitive analytics market.

Adoption of internet of things (IoT) devices is continuously increasing and number of sensors integrated in these devices are expected to generate massive amount of data over the period. Organizations are able to predict future data obtained by sensors that it has capacity to transfer large amount of data over network. The huge volume of data produced and transmitted from sensing devices can provide a lot of information but is often considered next big data challenge for businesses. To deal with that challenge, sensor data analytics is a growing field of endeavor and is expected to increase adoption of cognitive analytical tools in the upcoming years.

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Leading Market Players:

➢ Cisco System, Inc

➢ IBM Corporation

➢ Tata Consultancy Services Limited

➢ Nuance Corporation

➢ Intel Corporation

➢ Amazon Web Service Inc.

➢ SAP SE

➢ Microsoft Corporation

➢ Google LLC

➢ Oracle Corporation

These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future Data Warehouse as a Service market trends are outlined to determine the overall attractiveness of the market.

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Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

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

About Us:

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

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

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“Explosive Growth Expected in the Data Warehouse as a Service Market Over the Next Decade !!”

It is electronic storage of a large amount of information by a business, which is designed for query and analysis instead of transaction processing. It is a process of transforming data into information and making it available to users in a timely manner to make a difference. Reduced cost, improved performance, high scalability, elasticity, and time to value are some of the benefits of data warehouse-as-a-service.

As large volume of data is generated by organizations, how to store such large amount of data in proper manner is solved by data ware housing as well as government rules and regulation against data leakage due to rise in incidents of data theft and data leakage, which drives the data warehouse-as-a-service market for data warehouse-as-a-service globally.

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COVID-19 scenario Analysis:

➢ The emergence of COVID-19 pandemic has severely affected almost all industries across the world. Further, lockdown enforcements and restrictions on movements of non-essential goods as well as resources in various countries has disrupted the supply chain of electronic components & networking equipment.

➢ Thus, this has led to the delay in supply of electronic components required in manufacturing of the network equipment

➢ Companies have continued to expand cloud services and data warehouse service during the pandemic. Before the pandemic took hold, various organizations that were providing cloud data warehousing service put its quantum computers on cloud, and now work to make them available to general public.

➢ Emergence of new business environment in the wake of COVID-19 is expected to boost the data warehouse-as-a-service market and digitization as companies overhaul their digital infrastructure to deal with new ways of working. Adaptation to data ware housing is gaining pace, as digitization is accelerated and technology has come to the fore front in the way businesses are carried out.

➢ New learning among companies with respect to work-from-home (WFH) and data accessibility during the lockdown period has resulted in increasing enquiries for space and services at data centers and this trend is expected to create opportunities in the data warehouse-as-a-service market during the forecast period.

➢ There is an increase in data warehousing capacity usage and even after the situation returns to ‘normal’, work style is expected to continue to be data center-driven and demand growth would continue. Higher penetration of e-commerce, digital payments and widespread deployment of Big Data, apart from policy level push for data localization, had already started spurring demand for data centers before COVID-19 struck.

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Factors such as increase in use of private cloud services and column-oriented method of data warehousing platforms strengthen government policies and increase in data volume drives growth of the market. However, less skilled working personal and high investments in legacy system restrict to shift on new ETL systems hinder growth of the data warehouse-as-service market globally. Furthermore, rise in adoption of data warehouse-as-service among SME’s, along with growing penetration of cloud technology in almost every industry vertical provides numerous opportunities for the market growth.

Due to advancements in technology such as artificial intelligence and cloud computing, use of cloud-based servers in various industrial verticals has increased over traditional physical based servers, which are deployed in premise, which drives the data warehouse-as-a-service market growth globally.

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Leading Market Players:

➢ Infobright Inc.

➢ Amazon Web Service Inc.

➢ EMC Corp.

➢ Snowflake Computing Inc.

➢ SAP SE

➢ Google LLC

➢ IBM Corp.

➢ Microsoft Corp.

➢ Teradata Corp.

➢ Oracle Corp.

These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future Data Warehouse as a Service market trends are outlined to determine the overall attractiveness of the market.

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If you have any special requirements, please let us know and we will offer you the report as per your requirements.

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

Building and Construction Plastic Industry Size, Segmentation, Top Regions and Forecast by 2025

The Building and Construction Plastic Industry is a dynamic sector within the construction industry that provides versatile and sustainable solutions for various applications. Plastics play a pivotal role in modern infrastructure development due to their lightweight, durable, and cost-effective properties. Key trends in this market include the increasing demand for eco-friendly plastics, such as recycled and biodegradable materials, to address environmental concerns.

The Global Building and Construction Plastic Market was valued at $57,908.8 million in 2017 and is expected to reach $104,507 million by 2025, growing at a CAGR of 7.6% forecast by 2025.

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Top Companies

LG CHEM LTD., LANXESS AKTIENGESELLSCHAFT, KONINKLIJKE DSM N.V, INEOS GROUP HOLDINGS S.A., DOWDUPONT INC., BASF SE, LYONDELLBASELL INDUSTRIES HOLDINGS B.V., CHEVRON PHILLIPS CHEMICAL COMPANY, LLC., SOLVAY S.A., SABIC.

The Plastic pollution and its impact on the environment remain a significant concern. The industry must address these issues by adopting sustainable practices and materials. Stringent regulations and bans on certain plastic products, such as single-use plastics, can hinder market growth. Manufacturers must comply with evolving environmental regulations. Ensuring the safety of plastic materials used in construction is crucial. This includes evaluating fire resistance, toxicity, and long-term performance. The market is highly competitive, with numerous manufacturers vying for market share. Companies must focus on innovation and differentiation to stay ahead.

The construction industry is increasingly adopting green building practices, and plastics play a crucial role in this transition. Energy-efficient materials, such as PVC windows and insulation materials, are in high demand. The use of recycled plastics in construction is on the rise. Recycled materials not only reduce plastic waste but also conserve energy compared to producing virgin plastics. Companies are now offering recycled plastic products, including decking, fencing, and roofing materials. Additionally, innovations in energy-efficient materials and construction technologies are driving growth, making the market a critical player in shaping the future of sustainable construction practices.

Biodegradable and bio-based plastics are emerging as eco-friendly alternatives. These materials break down naturally, reducing long-term environmental impact. Bioplastics are used in applications like disposable construction materials and landscaping products. Plastics are being used in innovative building technologies, such as 3D printing of structures. This technology allows for rapid and cost-effective construction, minimizing material waste. Plastics are prized for their resilience and durability. They are used in construction materials that can withstand extreme weather conditions, making them ideal for infrastructure projects in various climates.

Regional Analysis:

Region-wise, the global Building and Construction Plastics market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Building and Construction Plastics market share, and LAMEA is anticipated to secure a leading position during the forecast period.

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Key Findings of the Building and Construction Plastics Market:

Based on application, the piping segment dominated the market in terms of revenue and is projected to grow at a significant CAGR 7.6% during the forecast period.

Asia-Pacific generated the highest revenue in 2017, and LAMEA is anticipated to grow at a highest CAGR.

The thermoplastics segment generated the highest revenue in 2017 and is estimated to grow at the rate of 7.6%.

In Asia-Pacific, China accounted for the largest market share in 2017.

Opportunities for Growth

Increased investment in research and development can lead to the development of new, sustainable plastic materials. Innovations in recycling and bioplastics will drive market growth. Rapid urbanization worldwide is driving demand for construction materials. Plastics offer cost-effective solutions for urban infrastructure development. overnment initiatives to improve infrastructure, especially in emerging economies, will fuel the demand for construction plastics. Embracing the principles of the circular economy can create new business models, such as recycling and reusing plastic materials, reducing waste and costs. With a growing focus on energy-efficient buildings, the market for plastics used in insulation and energy-saving solutions is set to expand.

Plastics have revolutionized the building and construction industry, offering versatile and cost-effective solutions that are integral to modern infrastructure development. The Building and Construction Plastic Market has witnessed substantial growth in recent years, driven by the need for sustainable and innovative materials. This blog explores the key trends, challenges, and opportunities in this dynamic market.

Plastics have become ubiquitous in the construction industry due to their remarkable qualities. They are lightweight, durable, corrosion-resistant, and offer excellent insulation properties. These features make plastics ideal for a wide range of applications, from roofing and insulation to pipes and fittings.

One of the most significant trends in the market is the growing demand for sustainable plastics. With increasing awareness of environmental issues, stakeholders in the construction sector are seeking materials that reduce their carbon footprint. This has led to the development of eco-friendly plastics, such as bioplastics and recycled plastics, which are gaining traction in the market.

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The Building and Construction Plastic Market is at the forefront of innovation and sustainability in the construction industry. While facing challenges related to environmental concerns and regulations, the market continues to grow due to the demand for versatile, cost-effective, and sustainable materials. By investing in research, embracing circular economy principles, and prioritizing sustainability, the industry can continue to thrive while contributing to a more environmentally responsible future in construction.

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Baby Romper Market is Expected to Rise $37.6 Billion by 2030, Growing at a CAGR of 4.4% From 2021-2030

According to a new report published by Allied Market Research, titled, “Baby Romper Market by Type, Material, Price Point, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global baby romper market size was valued at $ 24.4billion in 2020, and is projected reach $37.6 billion by 2030, registering a CAGR of 4.4% from 2021 to 2030.

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According to the World Bank,over three-fourths of the global population lives in the developing countries, where total number of birth are highest, such as India and China. In addition, exponential increase in middle-class population, rise infemale participation rate in the workforce, and rapid urbanization in both developed and emerging markets have bolstered the adoption rate of convenience-oriented lifestyle, resulting in increased demand for baby-related accessories, including baby rompers. Population in India is increasing at a steady rate along with improvement in standard of living, which leads to increase in demand for baby-related products. In addition, the Chinese Government in 2016 relaxed its decades-old one-child policy, allowing all couples to have two and three kids to address the challenge of an aging population. Therefore, rise innumber of births and increase in product awareness are expected to positively impact the market growth in developing economies.

The baby romper market is highly fragmented with significant presence of a large number of regional players. Baby rompers have gained huge traction over the last few years, owing to which various low-quality baby rompers are flooded in the market. The right type of baby romper has no side effects on babies. However, counterfeit and low-quality baby romper available in the market might increase the risk of irritation on the baby’s skin. Low-quality material and production might cause discomfort among babies. A lot of these counterfeits imitate big brands and names, which tarnishes the brand image. International organizations in collusion with leading brands have introduced stringent rules and regulations to curb well-entrenched system of counterfeiting, however, more efforts need to be made regionally and globally to scuttle the rapidly advancing counterfeiting market. Therefore, availability of low-quality counterfeit product hampers the overall expansion of the baby romper market in terms of value sales.

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The global baby romper market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia Pacific ledin terms of baby romper market share in 2020, and is anticipated to grow at a significant rate during the baby romper market forecast period, owing to surge in disposable income, extensive advertising &promotion, and rapid urbanization. China along with India and Southeast Asian countries is likely to witness increased demandof baby romper in the coming years.

The global report is studied on the basis of type, material, price point, and sales channel. By type, the baby romper market is bifurcated into full body and half body baby rompers. Depending on material, it is segregated into cotton, linen, wool, and others. As per price point, baby romper market is differentiated into mass and premium. According to sales channel, it is fragmented into supermarket/hypermarket, specialty stores, brand stores, and online channels. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings Of The Study

Region wise, Asia-Pacific garnered the largest share in 2020, and is anticipated to grow with highest CAGR during the forecast period.

Depending on type, the half body bay romper segment led in terms of market share in 2020, and is poised to grow with robust CAGR in the upcoming years.
On the basis of material, the cotton segment accounted for around three-fourthsshare of the market in 2020.
As per price point, the premium segment is expected to gain market share by the end of forecast period.
Demand for organic material basedbaby romper is likely to gain traction in next few years.
Merchandising and premiumizationin baby romper are now gaining cognizance in the market.

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Some of the major players profiled for in the baby romper market analysis include Benetton Group S.r.l., Carter’s, Inc., Gap Inc., H&M HENNES & MAURITZ AB, Mothercare, Nike Inc., PVH Corporation, The Children’s Place, Inc., Under Armor Inc., and ZARA. Other prominent players analyzed in the report are Bobdog, Lancy, Stjinfa, Kara Bear, Miki House, Balabala, Jacadi, Tongtai, Catimini, and Nissen.

Reasons to Buy this Baby Romper Market Report:

> Mergers and acquisitions should be well-planned by identifying the best manufacturer.

> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

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

Related Reports :

Baby Feeding Bottles Market

Baby Oral Care Market

Baby Diapers Market

Baby Carriers Market

Baby Bottle Sterilizers Market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. 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.

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Smart Bed Market Share Growing at 4.8% CAGR to Hit USD 3,833.6 Million by 2030

According to a new report published by Allied Market Research, titled, “Smart Bed Market by Type, Application, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global smart bed market size was valued at $2,285.5 million in 2020, and is estimated to reach $3,833.6 million by 2030, registering a CAGR of 4.8% from 2021 to 2030. In 2020, the manual segment accounted for a significant revenue share in the total global smart bed market, and is expected to grow at a CAGR of 4.3% throughout the forecast period. North America is one of the prominent regions, which accounted for a sizeable share of the total market in 2020.

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The global smart bed market has witnessed significant growth over the years, and is expected to grow at a steady pace during the forecast period. This is attributed to the fact that market players are focusing on developing eco-friendly products, owing to rise in environment awareness.

The residential and healthcare segments occupied the largest shares in the overall smart bed market in 2020, and are expected to maintain its leading position throughout the forecast period, owing to wide adoption of smart beds, globally. In addition, surge in disposable income and improvement in living standards in emerging countries such as China and India along with rise in affinity of consumers toward consumer-friendly products are anticipated to boost demand for smart bed products. However, availability of low-quality and counterfeit products and fluctuations in the prices of raw materials used to manufacture these products restrain the market growth. Conversely, surge in demand for trendy and unique furniture is anticipated to provide lucrative growth opportunities for the smart bed industry.

According to the global smart bed market analysis, the market is segmented into type, application, distribution channel, and region. Depending on type, the market is divided into manual, semi-automatic, and automatic. By application, it is divided into healthcare, hospitality, residential, and others. By sales channel, it is fragmented into supermarkets & hypermarkets, online stores, specialty stores, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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On the basis of type, the manual segment held a major smart bed market share of 39% in 2020. This is attributed to wide usage of manual beds in the residential sector.

On the basis of application, the healthcare segment witnessed a major traction, and is expected to gain a major demand in the coming years. The healthcare segment is expected to witness an annual growth rate of 5.4% during the forecast period. The healthcare industry is being driven by increased prevalence of lifestyle illnesses, rise in need for cheap healthcare delivery systems due to rising healthcare costs, technology developments, rise of telemedicine, fast health insurance penetration, and government initiatives.

On the basis of sales channel, the specialty stores segment held major share of 65% in the smart bed market in 2020 and is likely to remain dominant throughout the smart bed market forecast period. Growth of the specialty store segment is driven by increase in demand for smart bed products, fueled by growth in housing and commercial construction. In addition, increase in income levels and improvement in lifestyle of consumers are expected to drive the smart bed market growth.

North America accounted for the maximum share in the global market in 2020, and is anticipated to continue this trend in the near future. This is attributed to surge in expenditure of consumers on luxury home decor products and improvement in standard of living.

The key players profiled in this report include ArjoHuntleigh AB, BodiTrak, Hi-Interiors SRL, Hill Rom Holdings Inc, Invacare Corporation, Joerns Healthcare LLC, LINET spol. s r.o., Paramount Bed Co., Ltd, Sleep Number Corporation, and Stryker Corporation.

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Key findings of the study

By type, the manual segment held the highest share, accounting for 39.0% of the global smart bed market.
By application, the residential segment held the major share of 38.0% of the market.
Region wise, North America held the major share in the market, and is expected to remain dominant throughout the forecast period.

Reasons to Buy this Smart Bed Market Report:

> Mergers and acquisitions should be well-planned by identifying the best manufacturer.

> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

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

Related Reports :

Canopy bed Market

Portable Beds Market

Air Bed Market

Round Bed 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.

Contact:

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Delaware 19801 USA.
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