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MDM BPO Market Outlook and Opportunities in Grooming Regions with Forecast to 2017 to 2026

August 20, 2019 by Steve Blade  

According to Fact.MR, a splendid expansion at a CAGR of over 15% has been projected for the global MDM BPO market through the forecast period, 2017 to 2026. Revenues from MDM BPO services offered across the globe are estimated to exceed US$ 10,000 Mn by 2026-end. Growing essentiality of organizing and processing large quantity of data that is generated by organizations in electronic, printed and other formats, along with growing realization of benefits associated with outsourcing these tasks to the specialist data service providers are key factors driving growth of the MDM BPO market. This report, compiled by Fact.MR, provides in-depth analysis of the global MDM BPO market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.

Master data management (MDM) engulfs processes, tools, standards, policies and governance, which consistently manage and define critical data generated by an organization for providing single point of reference. An MDM BPO provides services for collecting, aggregating, matching, quality-assuring, and consolidating this data for ensuring consistency & control in ongoing maintenance and application.

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Table of Content

  1. Global Economic Outlook
  2. Global MDM BPO Market - Executive Summary
  3. Global MDM BPO Market Overview
    3.1. Introduction
         3.1.1. Global MDM BPO Market Taxonomy
         3.1.2. Global MDM BPO Market Definition
    3.2. Global MDM BPO Market Size (US$ Mn) and Forecast, 2012-2026
           3.2.1. Global MDM BPO Market Y-o-Y Growth
    3.3. Global MDM BPO Market Dynamics
    3.4. Vendor Share Analysis 
    3.5. Key Participants Market Presence (Intensity Map) By Region
    3.6. Value Chain Analysis
    3.7. Top Vendor Offerings 
    3.8. MDM BPO Framework 
    3.9. PESTLE Analysis 
    3.10. Forecast Factors 
  4. Global MDM BPO Market Analysis and Forecast 2012-2026 
    4.1. Global MDM BPO Market Size and Forecast By Data Type, 2012-2026
         4.1.1. Supply Centric MDM Market Size and Forecast, 2012-2026
                  4.1.1.1. Revenue (US$ Mn) Comparison, By Region
                    4.1.1.2. Market Share Comparison, By Region
                    4.1.1.3. Y-o-Y growth Comparison, By Region

To be Continue...............

Key Projections on Future of MDM BPO Market for Forecast Period 2017-2026

  • North America and Europe are anticipated to remain the most lucrative regions for expansion of the MDM BPO market. Revenues from the markets in these two regions are projected to account for roughly equal shares of the market by 2026-end. The market in Asia-pacific excluding Japan is projected to exhibit the fastest expansion through 2026. In contrast, the market in Middle East & Africa is projected to reflect the slowest expansion through 2026.
  • On the basis of data type, customer centric MDM will continue to be the leading revenue contributor to the global MDM BPO market. Revenues from enterprise centric MDM will also remain high, and are projected to account for roughly one-third market share by 2026-end. Supply centric MDM will remain the least lucrative data type segment in the market.
  • HR is expected to retain its position of being the leading function of MDM BPO, followed by finance and accounting. Revenues from these two MDM BPO functions will hold more than half share of the market by 2026-end. Although the market revenue share of procurements will remain relatively lower, this function segment is projected to register the highest CAGR in the market through 2026.

Key Research Findings from Fact.MR’s Report

  • HR and finance & accounting will remain leading functions of MDM BPO
  • Manufacturing and BFSI are expected to remain most lucrative industries in the global MDM BPO market
  • Small & medium enterprises will become the most lucrative enterprise type segment in the market by 2026-end

Competition Tracking

Key players actively contributing to growth of the global MDM BPO market include TCS, Orchestra Networks, Talend, Riversand Technologies, Inc., Magnitude Software, Infosys Limited, Cap Gemini, Genpact, SAP, TIBCO Software, IBM Corporation, Oracle Corporation, and Informatica.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Smart TV Sticks Market Share, Growth by Top Company Forecast 2018 to 2028

August 19, 2019 by Steve Blade  

Television scenario has been radically changing with customers shifting from traditional cable network or set top boxes toward standalone content providing devices such as smart TV sticks. The steady upward growth apropos to the demand for OTT (Over The Top) media services has significantly driven the adoption of smart TV sticks. Fact.MR envisages that the demand for smart TV sticks is projected to expand at a steady CAGR of 7.1% in terms of value throughout the period of assessment, 2018-2028.

Sales of smart TV sticks are likely to remain concentrated in the developed regions of United States, given the high purchasing power parity of individuals in the country. However, emerging economies of Asia Pacific excluding Japan (APEJ) region, such as China and India have showcased high inclination toward adoption of smart TV sticks. The report forecasts that by end of 2028, the demand for smart TV sticks in China is projected to grow at a meteoric pace with its sales volume crossing 6 million units.

The report foresees that the sales of smart TV sticks that do not possess 4K video support are high as compared to their 4K counterparts. The non 4K smart TV sticks sales are likely to cross US$ 950 Mn in 2019, leading the smart TV sticks market and are expected to maintain status quo throughout the period of assessment. However, in the coming years, the demand for 4K video support smart TV sticks is projected to expand at a significant pace, albeit at a lower base as compared to non 4K smart TV sticks.          

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Segmentation by Video Support 

  • Non-4K
  • 4k and above

The sales channel segmentation includes the sales and revenue of smart TV sticks generated through the various modes of distribution. The sales channels have been analyzed prudently to cover all formats of distribution so that none of the revenue sources is missed out. Third party online channels are offering the highest sales to the smart TV sticks market.
Segmentation by Sales Channel

Third Party Online Channels Direct to Customer Online Channels Franchised Electronics Outlets Independent Electronics Outlets Modern Trade Channels The smart TV sticks study offers segmentation for six geographies and encompassing 23 countries across the globe. The selection of countries have been done in terms of total sales generated from each country. The segment-wise analysis have been given in each of the six regions. North America has been the key market for smart TV sticks accounting for over 40% share; however, its share is expected to decline, as its lost share will be gained by APEJ, and Europe in the coming years.

Segmentation by Region 

  • North America
  • U.S.
    Canada

While OTT viewership has become mainstream in the U.S., the other countries are gradually looking at it, thereby boosting the demand for smart TV sticks. Amazon has been enjoying the privilege of having its own e-commerce channel, which has led to the continuous strong growth of its smart TV sticks globally. Other providers’ direct to customer online offerings are limited to fewer countries, leading to a slightly lower growth. Google’s is also expanding its penetration of its Chromecast branded smart TV sticks. 

APEJ to gain 8% share in the smart TV sticks market between 2018 and 2028, equating to around 27% by 2028

Asia-Pacific excluding Japan has been witnessing significant growth in the smart TV sticks market. APEJ is projected to grow its smart TV sticks market share by nearly 8% during 2018 and 2028. With this it become the second largest smart TV market, surpassing Europe. The espousal of western entertainment habits by the people in APEJ has led to the surge in demand for smart TV sticks. The modernization of network infrastructure and broadband has elevated the demand for live streaming, thereby boosting the growth of smart TV sticks market globally.

North America has been the dominant smart TV sticks market, commanding over 40% of the global demand. The U.S. accounts for over 40% share in the global smart TV sticks market. It is the largest consumer of OTT content, where its reach extends to nearly 54% of the households. An average U.S. home has a viewership of nearly 49 hours across the month. This figure itself states the demand of smart TV sticks in the country.

The prices of smart TV sticks has been eroding continuously, therefore encouraging the volume growth. With the technological advancements, the smart TV sticks that are inching towards becoming obsolete are being offered at prices lower than consumer’s expectations. The prime day offers of Amazon are further encouraging customers for short term high volume purchase of smart TV sticks. The emergence of smart TVs embedded with streaming technology, has been to some extent obstructed the demand for smart TV sticks. However, in the short term this restraining implication are low for the smart TV sticks market.       

Overall, the market for smart TV sticks has portrayed a positive outlook and is expected to grow at an optimistic speed in the coming years, offering new growth opportunities for players. Contact Fact.MR to know more captivating insights on the smart TV sticks topic.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

 

 

 

 

Managed Network Services Market Segmentation and Industrial Overview Forecasts 2018 to 2028

August 19, 2019 by Steve Blade  

Managed network services are complementary services including functions and networking applications that an enterprise outsources from a third party service provider, typically MSPs (Managed Service Providers). Transport services such as LAN, WAN and SD-WAN (software defined WAN) come under the spectrum of services offered by MSPs. In addition, the services extend to unified communications and network consulting and implementation services.

Increasing need for significant operational cost reductions, growing adoption of business analytics and cloud coupled with rising complexities in operations across several end use industries continue to influence demand for managed network services. The adoption of managed network services is also being influenced with a number of industry-specific factors including but not limited to growing need for high efficiency in business processes and customer satisfaction. Fact.MR envisages that the demand for managed network services is projected to expand at a stellar pace growing at a value CAGR in the range of 8% to 9% throughout the period of forecast, 2018-2028The sales of managed network services during the said timeline are expected to surpass US$ 120 Bn by end of 2028, says Fact.MR report.

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“Managed Network Services Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028” is an extensive research study providing intricate insights for key stakeholders along with a broad overview of the industry-related factors in the managed network services marketplace. The comprehensive report on managed network services market includes 18 detailed chapters along with key forecast highlights for the perusal of the readers. The market forecast projections are expressed in terms of value (US$ Mn) for the said period. Being a comprehensive resource of unbiased intelligence, the report provides in-depth analysis on each market segment across seven regions. Key stakeholders in the managed network services market can expect wealth of actionable insights, including impact analysis, historical analysis, extensive segmental analysis and forecasts, country wise and regional outlook, market attractiveness indices and weighted competitor analysis in this comprehensive study.

Customer Success Function Establishment in Managed Services – An Upcoming Trend

Offering standard set of managed network services have a direct influence on the financial success of any enterprise or business. According to the Technology Services Industry Association (TSIA), 2016 reflected a 43 percent increase in standard managed network services offerings by MSPs and in first half of 2018, the number rose to around 68 percent. Managed network services are a different set in an organization’s portfolio of services as customers are not focused on purchasing technology alone but the operation of technology. Sales representatives are not in-tune with the customer’s routine issues. Against this backdrop, it becomes essential to appoint dedicated customer success personnel for managed services. Such a custom function facilitates identification of potential cross selling and upselling opportunities, and acts as a strategic advisor to the client. According to TSIA, companies are expected to largely invest in customer success functions in the managed services domain. Managed services with customer success can ensure high contract renewal rates along with enhanced retention of recurring revenue and facilitating revenue growth from existing customer base.

Demand of managed network services are expected to grow at a significant pace in the emerging economies of Asia Pacific excluding Japan (APEJ) such as China and India during the period of forecast. Growing manufacturing sector and significant developments in BFSI, banking and retail sectors are expected to augment the growth of managed network services in APEJ. However, developed countries of North America, especially the United States are likely to show burgeoning sales owing to robust and growing IT infrastructure in the country.

Comprehensive research on managed network services market includes regional tracking across North America, Latin America, Europe, CIS & Russia, Japan, Asia Pacific Excluding Japan (APEJ) and Middle East and Africa (MEA). The study also reflects detailed regional breakup including analysis on various countries such as United States, Canada, Brazil, Mexico, Chile, Argentina, Peru, EU-4, United Kingdom, Nordic, Benelux, China, India, ASEAN countries, South Korea, Australia & New Zealand, South Africa, Iran, Turkey and Israel.

Rising Investments in the Quantum Computing Field Fuel Adoption

With growing needs apropos of data management, it has become critical for various industries to carry out effective computation. This has triggered he adoption of quantum computing wherein quantum mechanics is used to enhance the computational ability. Quantum computing technology consumes less electric power and has the capability of performing several calculations that are relatively faster and highly accurate than modern supercomputers.

Competitive Landscape

The managed network services market is highly fragmented with the presence of market leaders that account for major stake along with new market participants. Various aspects of competition intelligence analysis including but not limited to market shares, SWOT analysis, product portfolio assessment and key strategies have been covered. In addition, recent developments have also been included in this section. For instance, in February 2018, Etisalat has chosen Nuage Networks SD-WAN managed network services solution for its cloud transformation program. Few of the key stakeholders profiled in the report include Accenture, Alcatel-Lucent Enterprise, AT&T Inc., CenturyLink Inc., Cisco Systems Inc., Ericsson, GTT Communications Inc., HCL Technologies, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., and International Business Machines Corporation (IBM).

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

 

 

E-commerce Software and Platform Market Provides an In-Depth Insight of Sales and Trends, Forecast 2018 to 2028

August 19, 2019 by Steve Blade  

“E-Commerce Software and Platform Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028” is a comprehensive compilation of various insights based on accurate data gleaned using a unique research methodology. The e-commerce software and platform market report includes assessment on various deployment methods, along with in-depth analysis on various end users of the e-commerce software and platform. The e-commerce software and platform market report also includes regional assessment with detailed country level analysis that stakeholders can utilize to expand their footprint. The report also includes historical data analysis along with present market condition. Consequent chapters in the e-commerce software and platform market report also deliver future market projections for a period of 10 years, from 2018 till 2028. The report on e-commerce software and platform market highlights several trends influencing the market’s growth and also emphasizes impact of various drivers and restraints. It includes detailed opportunity assessment that can be used by the reader to tap key revenue pockets and enhance profitability.

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Proliferation of e-commerce has prevailed since the past couple of years transforming the online retailing sector worldwide. Growing e-commerce platforms coupled with increasing inclination of customer toward using online retail channels continue to influence the growth of the e-commerce software and platform market. User-friendliness and affordability of e-commerce software are expected to fuel the demand for e-commerce software and platform across a cohort of industries. With significant growth in the e-commerce sector, stakeholders involved in the e-commerce software and platform can expect momentous growth in the coming years that is largely influenced by several macroeconomic and industry- related factors. 

Table of Content

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
2.3. Analyst Credentials
2.4. About FMR

3. Market Background
3.1. Macro-Economic Factors
3.2. Forecast Factors – Relevance & Impact
3.3. Value Chain
3.4. Market Dynamics
       3.4.1. Drivers
       3.4.2. Restraints
3.5. Opportunity Analysis

4. Market Forecast
4.1. Market Size and Y-o-Y Growth
4.2. Absolute $ Opportunity

5. Global e-Commerce Software and Platform Market Analysis by Deployment
5.1. Introduction
       5.1.1. Market Value Share Analysis by Deployment
       5.1.2. Y-o-Y Growth Analysis by Deployment
5.2. Historical Market Size (US$ Mn) Analysis by Deployment, 2013-2017
5.3. Current Market Size (US$ Mn) and Forecast by Deployment, 2018-2028
       5.3.1. On-Premise
       5.3.2. SaaS
5.4. Market Attractiveness Analysis by Deployment

6. Global e-Commerce Software and Platform Market Analysis by Business Model
6.1. Introduction
       6.1.1. Market Value Share Analysis by Business Model
       6.1.2. Y-o-Y Growth Analysis by Business Model
6.2. Historical Market Size (US$ Mn) Analysis by Business Model, 2013-2017
6.3. Current Market Size (US$ Mn) and Forecast by Business Model, 2018-2028
       6.3.1. Business-to-consumer
       6.3.2. Business-to-business
       6.3.3. Marketplace
       6.3.4. Others
6.4. Market Attractiveness Analysis by Business Model

To be Continue............

SaaS Based Deployment to Gain High Traction than On-Premise Deployment

On-going technological advancements have raised the competitiveness of the retail market as increasing number of retailers are focusing on leveraging online platforms to capture new customer segments. A paradigm shift from on-premise deployment toward adoption of cloud-based deployment has resulted in vendors offering XaaS (Everything as a Service) that includes SaaS (Software as a Service), PaaS (Platform as a Service) and IaaS (Infrastructure as a Service). In a bid to retain customer loyalty, players are focused on using cloud based platforms such as SaaS as an effective deployment model for e-commerce software and platform. 

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 About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

 

RF Power Amplifier Market Segmentation and Industrial Overview Forecasts 2018 to 2028

August 19, 2019 by Steve Blade  

Fact.MR (FMR) provides an exhaustive analysis of the global RF power amplifier market for a 10-year projection period, in a recently released intelligence outlook, titled “RF Power Amplifier Market - Global Industry Analysis (2013-2017) & Market Forecast (2018-2028)”. Over the upcoming
decade, FMR anticipates the global market for RF power amplifier to demonstrate robust expansion at a high, double-digit CAGR – in terms of value.

“The approximately US$ 3 billion RF power amplifier market is poised to expand at a robust CAGR of 12.2% over the 10-year forecast period, 2018-2028. The widening expansion of 5G cellular networks will remain predominantly responsible for the growth of RF power amplifier market, in addition to the incessant penetration of smart devices and connected technology. RF power amplifier market in Asia Pacific (excluding Japan) currently accounts for a sizable share (<50%) of the total revenue of RF power amplifier market, whereas North America’s RF power amplifier market holds over one-fourth of the total value represented by the RF power amplifier market,” quotes a senior research expert at Fact.MR.

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Impressive 5G Adoption to Pave the Way for RF Power Amplifier Market Growth

With the telecom giants migrating to 5G networks and high-speed services, the RF power amplifier market has encountered another strong revenue generation channel. A number of RF power amplifier manufacturers have already started production of 5G-compatible RF solutions, strongly supporting the growth of RF power amplifier market over the past few years. A sizeable chunk of smartphone users is data-intensive and account for the consumption of massive data volumes, encouraging early adoption of 5G-enabled services such as AR and VR, AI, autonomous driving, and ultra-HD video. Such advances in technology will continue to boost the growth of RF power amplifier market.

Through opportunity assessment, the report on global market for RF power amplifier also unleashes the potential growth opportunities for market participants that have been created by the escalating significance of power efficiency and the elevating penetration of advanced network technologies. Thorough examination of the key participants in the global RF power amplifier market landscape has been included as an important section of the report that help report readers understand the competitive scenario and strategize their developmental moves for an additional competitive edge in the RF power amplifier market.

Competitive Landscape Analysis: Global RF Power Amplifier Market

The global RF power amplifier marketplace is highly consolidated, and the tier 1 companies continue to collectively hold a massive share of the total market value. FACT.MR highlights significant regional coverage of the tier one vendors in the RF power amplifier market. Tier 2 companies on the other side, will continue to capture a relatively lower value share in the global RF power amplifier market, despite representing a considerable regional coverage. FACT.MR anticipates tier 2 players to focus on strengthening their product portfolio in the near future. Tier 3 vendors of RF power amplifier include local or regional new entrants. With limited market presence, these companies are constantly striving to keep abreast with the latest technology trends in the market.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

 

Smart Parking Solutions Market Provides an In-Depth Insight of Sales and Trends, Forecast 2018 to 2028

August 19, 2019 by Steve Blade  

According to a recent Fact.MR study, the smart parking market was valued at over US$ 3.3 Bn in 2018. IoT proliferation, coupled with the strengthening wireless infrastructure around the globe continues to uphold demand for system devices in the smart parking solutions market. The system devices segment of the smart solutions market is expected to be valued at over US$ 1.4 Bn in 2019. Demand for parking software is anticipated to closely follow the suit of system devices.

Smart parking solution is a combination of technologies which aid in parking management. The devices used in smart parking solutions include sensors, cameras, payment collection kiosks, and other hardware. These devices work in collaboration to provide real-time data about parking lots and spaces to end-users and therefore help in reducing congestion, pollution, and aid in the overall improvement of the parking management system.

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Continued Investment of Government and Municipalities in Smart Parking Solutions

A rapid rise in the number of automobiles coupled with the scarcity of parking spaces is one of the leading causes of traffic congestion in urban areas. Smart parking solutions continue to gain ground, in line with adoption of flexible payments systems, contributing to a streamlined vehicle parking ecosystem. Due to these factors government and municipalities are eyeing standardization of parking management across cities in order to offer convenience of hassle-free parking.

Table of Content

1. Executive Summary
   1.1. Summary of Key Findings
   1.2. FMR Research Analyzed
   1.3. Global Smart Parking Solutions Market - Wheel of Fortune
   1.4. Global Smart Parking Solutions Market – Mega Trends
   1.5. Global Smart Parking Solutions – Opportunity Assessment

2. Industry Outlook and Technology Integration
   2.1. Global Parking Solutions Market Outlook
        2.1.1. Market size and growth projections
        2.1.2. Addressable opportunity in coming years
        2.1.3. Key demand clusters
        2.1.4. Strategy evaluation of key market actors
   2.2. Technology Integration
        2.2.1. Software Integration for creating intelligent solutions and enabling new possibilities
        2.2.2. Parking technologies and description
        2.2.3. Different technologies used by companies

3. Risk & Opportunities
   3.1. Opportunities
        3.1.1. Intrinsic

  • Technology enhancements
  • Expertise in product development

        3.1.2. Extrinsic

  • Partnerships with technology providers
  • Digitization in emerging country
  • Acquisitions of new start-ups
  • Untapped industry, country, region

   3.2. Risks
        3.2.1. Pertaining to regulatory framework and approvals
        3.2.2. Related to the diversified need of end-user application
        3.2.3. Threat of alternative
        3.2.4. Technology up-gradation

To be Continue..................

Shares Remain Consolidated Among Established and Mid-sized Players

The smart parking solutions market remains highly consolidated, with established and mid-sized companies accounting for 40-50% and 30-35% of the revenue share respectively. Large scale companies continue to invest heavily in research and development to fuel innovations, which gives them a competitive edge over other players in the market. Strategic mergers and acquisitions, coupled with collaboration with city authorities to provide for smarter mobility solutions, are among key expansion strategies of these market players.

  • Banking on the growing sales of valet parking management systems, Amano McGann acquired Computerized Valet Parking Systems in February 2018. With the acquisition, Amano plans to consolidate its position in the Parking Access and Revenue Control Systems (PARCS) segment of the smart parking solutions market.

To meet the rising demands for smart parking solutions and to promote further innovation in the field, Cubic Corporation expanded the space of its Trafficware Manufacturing facility in Sugarland, Texas to accommodate over 70 software engineers in the facility. The company is targeting to expand its market presence and is planning to increase its workforce in order to do so.

  • Consolidating its global footprint in the smart parking solutions market, Hub Parking Technology entered into a strategic alliance with Al Rayyan Car Parking Management, a local smart parking solutions operator in Qatar. Under the alliance, Al Rayyan will have exclusive rights of distributing Hub Parking Technology products in Qatar where the demand for smart parking solutions is high as the country is undergoing a transformation with a multitude of transportation projects underway.

Smart Parking Solutions Market – Additional Questions Answered

Apart from the above-mentioned insights on the smart parking solutions the market, the smart parking solutions market report answers the following crucial questions that can help stakeholders and business professionals streamline their strategy to maximize profitability:

  • What geographic region accounted for the largest sales in the smart parking solutions market in 2018?
  • Based on the end-use, which application will lead the smart parking solutions market in terms of revenue share?
  • What solution type will be the most in demand during 2019?
  • Based on system components and services, which would be the service that will hold the largest market share in 2019?
  • What are the key trends that impact the current and future prospects in the smart parking solutions market?

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

sales@factmr.com

www.factmr.com

 

Millets Market Segments, Opportunity, Growth and Forecast by End-Use Industry 2017 to 2022

August 19, 2019 by Steve Blade  

A recent report published by Fact.MR projects the global millets market to reflect a steady growth over the forecast period (2017-2022). Revenues from sales of millets across the globe is forecast to increase from over US$ 10,000 Mn in 2017 to exceed US$ 13,500 Mn by 2022-end. Millets play an indispensable role in the economy and food security of several countries, especially in the regions of Asia-Pacific excluding Japan (APEJ)

Millets are gaining immense traction in North American regions owing to their hypoglycemic and gluten-free properties. Sales of millets in North America is projected to account for the largest revenue share of the global millet market during 2017 to 2022. APEJ will continue to stick to its position of being the second most lucrative market for millets. All types of millets are basically cultivated in APEJ countries such as India and China. India is a major producer of pearl millet, primarily cultivated in the north-western states of the country. In addition, China is the predominant producer of foxtail millet.

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Sales of Millets for Bakery Products and Direct Consumption to Exhibit Nearly Similar CAGRs through 2022

Based on application, revenues from sales of flour millets will remain the largest in the global market. Sales of millets for direct consumption and bakery products will exhibit nearly similar CAGRs through 2022. Application of millets in non-alcoholic beverages will exhibit the highest CAGR through 2022, followed by breakfast foods and fodder.

Key companies included in Fact.MR’s report on the global millets market are Roundstone Native Seed Company, Ernst Conservation Seeds, Brett-Young Seeds Limited, E.I. DuPont De Nemours and Company, Wise Seed Company, Inc., Bayer Crop Science AG, Cargill, Inc., and Archer Daniels Midland Company.

Modern Trade and Specialty Stores – Most Lucrative Distribution Channels for Millets

Modern trade and specialty stores are anticipated to remain the most lucrative distribution channels for millets throughout the forecast period. However, specialty stores will account for a relatively lower revenues share of the market than modern trade in 2017. By 2022-end, modern trade and specialty stores will witness a slight decline in sales of millets, while online stores will gain an upsurge to exceed revenues worth US$ 1,500 Mn. Traditional grocery stores will continue to be the second fastest expanding distribution channel for millets during the forecast period.

North America is anticipated to retain its position of being the largest market for millets, closely followed by Asia-Pacific excluding Japan (APEJ) in terms of revenues. Revenues from sales of millets in North America and APEJ will hold more than one-third share of overall market during the forecast period. Europe will also remain a lucrative market for millets, with sales projected to ride on a similar CAGR as that of in APEJ through 2022. Latin America will exhibit a steady expansion in the global millets market, although sales in the region are anticipated to hold a low market revenue share.

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Soy Protein Hydrolysate Market Growth Rate and Revenue Forecast 2017 to 2026

August 19, 2019 by Steve Blade  

Fact.MR’s in its new report reveals that the soy protein hydrolysate market is set to witness a CAGR of 6.6% during the forecast (2017-2026). Increasing application of soy protein hydrolysate in functional food has been instrumental in the driving the growth of the market. Furthermore, growing demand for food products that have high nutrient content and fat & water absorption properties is supporting the consumption of soy protein hydrolysate globally.  There are various health benefits of consuming soy protein hydrolysate. The product can help in increasing immunity and is beneficial in controlling diseases such as diabetes and blood pressure.

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Regular intake of soy protein hydrolysate can help boost body immunity. A positive outlook towards its role in managing various chronic ailments is also expected to have a positive impact on the future prospects of the market.  Soy protein hydrolysate is prepared from the protein obtained from soya beans and has law fat, lactose and cholesterol content. Soy protein hydrolysate is recommend to those who are lactose allergic. In addition, the product is extremely popular amongst athletes due to its fast digestion properties – an important element of an athlete’s diet. Soy protein hydrolysate is used for preparing natural food items and protein shake & drinks. Soy protein hydrolysate is safe for consumption, however, may have health implications on people allergic to soya beans.  The product finds its application in preparing functional foods, bakery & confectionery, pharmaceutical, cosmetics and personal care and fertilizers. 

Additional Highlights of the Report Include:

  • Among regions, the market in Asia Pacific excluding Japan (APEJ) is projected to remain highly attractive throughout the forecast period. APEJ’s soy protein hydrolysate market is expected to witness an impressive growth between 2017 and 2026. This growth is likely to be characterized by factors such as a positive attitude towards adopting a healthier lifestyle and increasing disposable income. Moreover, local authorities in many of the countries in the region are promoting ideas of adopting diet that can help is reducing diseases that arise for obesity or malnutrition. Consumers in countries such India and China are becoming health-conscious and opting for food items that are low in calorie and fat. 
  • On the basis of form, the dry soy protein hydrolysate segment is expected to retain its top spot over 2026. Currently, the segment commands for more than 84% revenue share of the market. Towards the end of the projection period, the segment is expected to surpass market valuation of US$ 1,200 Mn, reflecting a sound CAGR.
  • On the basis of application, the functional foods segment is expected to remain highly attractive in 2017 and beyond. The segment currently represent for nearly one-fourth share of the market and estimated to reach a valuation in excess of US$ 390 Mn by 2026-end, reflecting a CARG of 6.9%.

Dry Soy Protein Hydrolysate will remain Sought-After 

Dry soy protein hydrolysate will continue to outsell the liquid variant throughout the assessment period. Global sales of dry soy protein hydrolysate is currently commands for more than two-third share of the global market in terms of revenue. Towards the end of 2026, nearly US$ 1,223.5 Mn worth dry soy protein hydrolysate is expected to be consumed worldwide.

 Fact.MR in its report has profiled leading companies operating in the global soy protein hydrolysate market, which include Archer Daniels Midland, DuPont Nutrition & Health, The Good Scents Company, Abbott Nutritionals, Kerry Group Plc., Friesland Campina, Cargill Inc., Arla Foods, Costantino Special Protein, New Alliance Dye Chem Pvt.Ltd, Solae LLC, and Bunge. Most of these market players are stepping up efforts to improve their product offerings and introduce newer variants of flavor.  

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Sauces Condiments and Dressing Market Outlook and Opportunities in Grooming Regions with Forecast to 2017 to 2026

August 19, 2019 by Steve Blade  

Growing preference for spicy food products has led the manufacturers to opt for natural and organic ingredients. In addition, surge in demand for flavor enhancers in food products such as rice and pasta is projected to boost sales of the condiments, sauces, and dressings globally. Fact.MR states that the global market of sauces, condiments, and dressings is projected to reflect a CAGR of 2.3% over the forecast period, 2017-2026.

Factors Fuelling Global Market Growth

Growth of the  sauces, condiments, and dressings market is mainly bound to various macro-economic and micro-economic factors. Shift in consumer preferences for consumption of spicy food products is projected to rev up demand for condiments and sauces in the food industry. Surge in consumption of delicacies such as rice and pasta will continue to boost demand for various sauces and condiments to enhance the flavor of the food products. As primary quality assessment of the sauces continue to be measuring pH level, manufacturers are concentrating on acidification of sauces during the production process

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  However, excessive or daily consumption of hot sauces is projected to adversely affect the health of consumers. In a recent report, CDC stated that overconsumption of salt raises the possibility of cerebrovascular accidents or stroke, heart disease and hypertension. In addition, the WHO states that the recommended consumption level of salt for a person should not exceed 5 grams every day. As sodium is an important ingredient for production of range of hot sauces, customers can be prone to various health issues.

Overconsumption of hot sauce can result in acid reflux or GERD (gastroesophageal reflux disease). In order to prevent gastroesophageal reflux diseases, customers with sensitive stomach avoid consuming spicy and hot sauces. Moreover, increasing consumption of various tomato sauces leads to various health problems such as dizziness, headache, and vomiting. Attributed to such factors, demand for dressing, sauces, and condiments is projected to remain low throughout the forecast period.

 By 2017-end, the foodchain services distribution channel segment is projected to witness robust revenue growth, accounting for more than US$ 9,700 Mn. In contrary, the online store distribution channel segment is projected to represent the fastest growth in the global market of sauces, condiments, and dressing during the forecast period.

Market Players      

Major players in the global market of sauces, condiments, and dressing are Hormel Foods Corp, General Mills Inc, ConAgra Foods Inc, Nestle SA, The Kraft and Heinz Company, McCormick & Co Inc, PepsiCo Inc., Unilever Group, Clorox Co, The and Kikkoman Corp.

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 About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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Survey Results Suggest Strong Future for Seasonings and Spices Market

August 19, 2019 by Steve Blade  

Growing demand for flavor enhancing ingredients in the food industry is projected to rev up demand for seasonings and spices globally. In addition, increasing number of health related benefits attributed to consumption of the seasonings and spices is projected to impact the global market growth of seasonings and spices positively. Fact.MR states that the global market of seasonings and spices is projected to reflect a CAGR of 4.7% over the forecast period, 2017-2026.

Growth of the seasonings and spices market is mainly bound by various macro-economic and micro-economic factors. As preference for the convenience food products continue to increase, demand for the seasonings and spices is projected to remain high globally. Surge in demand for the convenience products is further bound to ready-to-use spice packages that can be conveniently used while traveling and working. Growing expansion of the hospitality sector and tourism has led to surge in development of the tourist destinations. Increasing construction of the restaurants and hotels in the tourist destinations is projected to reflect positively towards the global market of seasonings and spices.

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Hospitality Industry to Impact Global Market Growth

Expansion of tourism & hospitality sector will continue to expand significantly with development of various tourist destinations. Construction of various hotels and restaurants is further expected to impact growth of the global seasonings and spices market positively. In order to gain a competitive edge, various hoteliers are focusing on capitalizing on the increasing preference for extravagant and innovative food experience. Moreover, increasing preferences of customers and guests has led the hoteliers to modify their delicacies. In addition, as customers are increasingly price-conscious, hoteliers are focusing on developing various alternatives to the offered lodging products.

 Conventional Nature to Represent a Leading Segment

As preference for spicy food products continue to increase, demand for spices is expected to remain high globally. On the basis of product type, the spices segment is expected to represent the highest revenue growth, accounting for a value of over US$ 6,600 Mn by the end of 2026. On the other hand, the salt substitute segment is expected to register a robust CAGR during the forecast period.

Based on nature, the conventional segment is expected to generate significant revenues, recording a value of over US$ 6,500 Mn by the end of 2017. However, the organic nature segment is expected to register a significant CAGR through 2026.

By sales channel, the modern trade segment is expected to witness robust revenue growth, recording a value of over US$ 4,400 Mn by the end of 2026. In contrary, the online store sales channel segment is expected to register a healthy CAGR throughout the forecast period.

Competition Tracking

Leading market players operating in the global seasonings and spices market include Mahashian Di Hatti Private Limited (MDH Spices), McCormick & Company, Incorporated, Olam International Limited, Associated British Foods Plc., Kerry Group Plc., Ajinomoto Co., Inc, Ariake Japan Co., Ltd., SHS Group Limited and Dharampal Satyapal Limited (DS Group).

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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