Global Blockchain Technology Market

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The Global Blockchain technology market size was estimated at USD 4.98 billion in 2022 and is extending to around USD 2,442.46 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 88.7% during the forecast period 2023 to 2032.

 Key Takeaways:

  • By type, the public cloud segment has held 61% of the total revenue share in 2022.
  • By components, the infrastructure & protocols segment accounted for 63% of revenue share in 2022. 
  • By applications, the payments segment contributed 45% of the total revenue share in 2022.
  • By enterprise size, the large enterprises segment held 68.5% revenue share in 2022.
  • By end use, the financial services segment has reached a 39% market share in 2022.
  • The North America region accounted for 38% market share in 2022.

Shared Blockchain is an immutable, shared ledger that makes it easier to record transactions and manage assets inside a business network. Intangible assets (cars, money, houses, and land) can exist alongside tangible assets (patent, brand image, copyright, intellectual property).

Almost any valuable asset may be monitored and processed on the blockchain network, lowering risks and costs for all parties involved. Blockchain is suitable for supplying this information since it allows for immediate, shareable, and entirely transparent data to be kept on an immutable ledger that only authorized network users may access. 

Growth Factors

 The growing demand for e-identity has driven the expansion of Blockchain technology. The platforms based on blockchain technology have diverse applications in countries with weak identification processes and in unregulated countries. At the national level, the adoption of market demand-based identity platforms of Blockchain technology has been carried out by many governments in order to promote secure transactions in the public and private sectors. Various governments have been using blockchain technology with their e-citizenship programs over the past few years. As a result, these countries have been able to develop identity-related procedures on their own and manage to reduce bureaucracy. Moreover, this technology has helped them to digitize all kinds of public transactions through a secure digital identity.

 

In addition, the growing capitalization of market-linked cryptocurrencies has promoted the risk of capital investments made by different countries. According to the size of the Blockchain technology market, cryptocurrency has marked innovation in different payment contexts. Furthermore, compared to other types of payment, these currencies offer lower transaction fees. Furthermore, because transaction fees are expensive, cryptocurrencies are attracting businesses and individuals to use cross-border payment methods. Also, due to the decentralized ownership of these cryptocurrencies, cross-border regulators cannot impose any kind of restrictions on these transactions. Therefore, low transaction fees and many other factors are beneficial to Blockchain technology market revenue as well as cryptocurrency capitalization, which motivates venture capitalists to invest in Blockchain technology market share.

 

Author Name : Report Hive Research

Generative AI: The Key to New Innovations

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Generative AI According to Report Hive Research is projected to expand with a growth of $1.4 trillion over the next 10 years from a market size of $46 billion in 2023 due to the influx of consumer generative AI programs like Google's Bard and OpenAI's ChatGPT. 

 

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What is Generative AI?

An artificial intelligence that can produce fresh content is known as generative AI. This is in contrast to discriminative AI, which is used to classify or predict existing content. Generative AI can be used to create images, text, music, and other forms of content.

There are many different types of generative AI models, but they all work by learning from a dataset of existing content. The model then uses this knowledge to generate new content that is similar to the data it was trained on.

The Generative AI Market 2023

The growth of the generative AI market is being driven by the increasing demand for new content, such as images, text, and music. Generative AI can also be used to improve existing products and services, such as customer service chatbots and personalized marketing campaigns.

 Growth may accelerate at a CAGR of 44%, propelled initially by training infrastructure and subsequently by large language models (LLMs), digital advertisements, specialised software, and services in the medium- to long-term.

 Additionally, growing demand for generative AI solutions might result in an increase in software revenue of around $300 billion, driven by copilots that speed up coding, new infrastructure products, and specialised assistants. The biggest winners as businesses transition increasingly to cloud computing could be companies like Amazon WebServices, Microsoft, Google, and Nvidia.

 According to our Analyst, generative AI is expected to increase its influence from less than 1% of the overall spending on IT hardware, software services, advertising, and gaming to 12% by 2030. By 2030, generative AI infrastructure as a service, which is used to train LLMs, will be the largest source of additional revenue, followed by specialised generative AI assistant software ($90 billion) and digital adverts supported by the technology ($195 billion). Revenue from hardware will be driven by conversational AI devices ($113 billion), AI servers ($140 billion), AI storage ($98 billion), and computer vision AI products ($65 billion).

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Generative AI Applications

There are several potential uses for generative AI, including:

 Content creation: New music, text, and images can be produced using generative AI. There are several uses for this, including marketing, entertainment, and education.

 Data generation: New data can be created using generative AI. This can be used to develop fictitious data for testing or to train machine learning algorithms.

 Drug discovery: New medications can be created using generative AI. Finding innovative cures for diseases and accelerating the drug discovery process can both benefit from this.

 Product design: New goods can be designed with generative AI. This may encourage enterprises to create and launch new items more quickly. Fraud detection: Generative AI can be used to detect fraud. This can be used to protect businesses from financial losses.

 Security: Using generative AI can make security better. This can be used to identify illicit activities and generate better secure passwords.

 Text-to-speech: Text-to-speech is a technology that can generate speech from text. This can be applied to the production of podcasts, audiobooks, and other audio content.  

 Music generation: Music generation is a technology that can create new music. This can be used to create new songs, soundtracks, and other forms of music.

 Video generation: Video generation is a technology that can create new videos. This can be used to create new movies, TV shows, and other forms of video content.

 Virtual worlds: Virtual worlds are computer-generated environments that can be explored by users. Generative AI can be used to create realistic virtual worlds that can be used for gaming, education, and other purposes.

 Personalization: Content can be personalized for users using generative AI. For each unique user, this can be leveraged to produce more interesting and pertinent information

Generative AI Technology

There are many different technologies that can be used for generative AI. Among the most popular technologies are

   

Deep learning: a type of machine learning that uses artificial neural networks to learn from data.

Generative adversarial networks (GANs): GANs are a type of deep learning model that consists of two neural networks that compete against each other. One network, the generator, tries to create new content that is similar to the data it was trained on. The discriminator on the opposing network seeks to discern between authentic and false content.

Variational Autoencoders (VAEs): VAEs are a type of deep learning model that can be used to encode and decode data. VAEs can be used to generate new content by decoding random noise into data that is similar to the data it was trained on.

Generative AI Future

The future of generative AI is bright. As the technology continues to develop, it will become more powerful and versatile. This will allow generative AI to be used for a wider range of applications, such as creating realistic virtual worlds and designing new products.

Generative AI Examples

·        Midjourney: Using brief cues, users of this generative AI platform can produce music, writing, and visuals. Although Midjourney is still in development, some excellent work has already been produced using it.

·        Night Cafe AI: Another generative AI application that enables users to produce visuals from word descriptions is Night Cafe AI. Night Cafe AI is renowned for its distinctive and surreal aesthetic.

·        Stable AI: Stable AI is a platform for generative AI that specializes in producing realistic visuals. Although stable AI is still being developed, several remarkable photos of people, animals, and objects have already been produced with it.

Use Cases for Generative AI in IT                                              

·        Code generation: Software applications can be created via generative AI. This can speed up the development process and cut down on the time and expense involved in developing new applications.

·        Bug fixing: Software application flaws can be found and fixed using generative AI. This can aid in enhancing software quality and lowering mistake rates.

·        Generative artificial intelligence (AI) can be used to test software for security flaws. Before attackers take advantage of security holes, this can assist to find and repair them.

·        Analysis of huge data sets: Generative AI can be used to analyze large data sets. In the data, this can assist in seeing patterns and trends that would be challenging to detect manually. 

Generative AI in the Healthcare Industry Use Case 

 

Generating medical images: Generative AI can be used to produce medical images like X-rays and MRIs. This can be used to develop virtual simulations of medical operations as well as train machine-learning models for medical diagnostics.

 Generated AI can be used to create new medications. Finding innovative cures for diseases and accelerating the drug discovery process can both benefit from this. 

 Generative AI can be used to produce customized treatment regimens for patients in the field of personalized medicine. This may assist to lessen side effects and increase treatment effectiveness.

 Clinical trials can be designed and run using generative AI. By doing so, clinical studies may become more accurate and efficient, and patients may receive new therapies more quickly.

Patient care: Generative AI can be utilized to give patients individualized care. This can involve making personalized educational materials, building virtual assistants, and forecasting patient outcomes, among other things.

      


 

 

 

 

 

 

 

 

 

 

Author Name : Report Hive Research

Luxury jewelry market to surge in Europe and Asia-Pacific

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Luxury jewelry is a personal ornament designed with a variety of materials, including gold, silver, diamonds, and platinum. It includes a variety of products such as necklaces, brooches, rings, bracelets, pendants, hair ornaments, earrings, cuffs, etc.

Rising consumer spending on luxury goods is considered to be a key factor expected to drive the global Luxury Jewelry Market growth during the forecast period. The increasing promotion of luxury jewelry by online marketers complemented by diverse product portfolio and discounts applied on online purchases is also expected to further accelerate global market growth during the forecast period. Prominent luxury jewelry brands that offer online and offline activities to increase product visibility include some names such as David Yurman, Tiffany & Co., and Swarovski.

The high cost of luxury jewelry is a key factor that is expected to somewhat restrain the growth of the global luxury jewelry market during the forecast period. But the improving standard of living and high expenditure on luxury items should subdue the negative effects created by the high product costs. Apart from the significant demand for women jewelry, a recent trend observed in the luxury jewelry market is an increase in demand for men's jewelry, which is expected to continue over the forecast period, further boosting luxury jewelry market demand.

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Rising investments in new jewelry processing and manufacturing technologies, such as computer-aided systems (CAD) -- now highly used for jewelry manufacturing, are expected to create immense potentials to generate revenue-making opportunities for players operating in target markets over the forecast period.

Based on materials, the diamond segment is expected to record significant growth in terms of revenue during the forecast period, due to increased demand for diamond rings across the globe. Especially used for occasions like engagements or marriage ceremonies seen in high practice worldwide.

Based on the distribution channels, the mono-brand store segment is expected to record a significant revenue share over the forecast period, owing to the advantage of developing brand identity and increasing consumer visits to such dedicated retail establishments. Based on product type, the earring segment is expected to record a significant revenue share over the forecast period, with a sharp increase in women's preference for wearing earrings nowadays which allows them to quickly and easily adapt to their dress style.

The European market is expected to dominate the global luxury jewelry market share in terms of overall revenue during the forecast period, with increased customization of jewelry, the increased popularity of pop-up stores, and the rising trend of costume & jewelry fusion in different countries of the region You. Besides, the Asia-Pacific luxury jewelry market will also account for a substantial revenue share during the forecast period due to increased consumer preferences for luxury goods purchases well supported by high disposable income in the middle-aged working professionals in the region.

 

 

Author Name : Report Hive Research

A wide array of Medicinal and Healing properties offered by the drink to foster kombucha market trends

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Kombucha is basically a fermented tea that belongs to the functional beverage industry. Attributed to its probiotic properties, kombucha helps to maintain the balances of essential bacteria in the digestive tract and improves the immune system. The shifting consumer focus from dairy products to effective and effective probiotic drinks is anticipated to boost the kombucha market outlook in the coming years.

Talking of its medicinal and healing properties, Kombucha helps fight cancer, arthritis, and other degenerative diseases. Moreover, it has the ability to detoxify the body, increase energy levels, increase metabolism, rebuild connective tissue and reduce headaches, all collectively increasing the product demand. several studies have shown that Kombucha consists of the rich amount of bacterial acids and enzymes that aid the detoxification process, and thereby reduce the burden on the pancreas and liver. Ever-increasing awareness of the health benefits provided by kombucha coupled with a surge in demand for dietary supplements is expected to stimulate the Kombucha Market trends over the forecast period.

In terms of flavor, the kombucha market is divided into two main segments --original, and flavored kombucha tea. While many manufacturers offer a variety of flavors along with the original raw form, the increasing investments to the research and development to formulate new exotic flavors should help in the expansion of kombucha market size apparently.

Flavored kombucha tea segment is therefore expected to maintain its double-digit growth rate contributing to the majority of kombucha market share by the end of the forecast period. The growth can be owed to the easy availability of several flavors and ease of customizations. Besides, the wide availability of cheap kombucha homebrew kits has been also increasing product popularity, in turn, driving the kombucha market growth.

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Based on distribution channels, the kombucha market is primarily divided into online and offline store segments, where the offline segment includes supermarkets and other retail stores. Supermarkets held the largest revenue share in 2019 due to their high accessibility and rising trend of shopping at bigger and well-organized stores. The supermarkets not only speed up the product sales but also marketing new products which further starts a chain reaction. Moreover, most of these mega-stores offer huge discounts on introductory products due to their high investment capacity, which further adds up to the segmental growth.

The North American region dominated the global kombucha market in 2019 with a revenue percentage of over 50%. The rapid adoption of health and wellness products complemented by the increased spending power of the middle-income groups remains the key driver for regional growth. Besides, increasing demand for non-carbonated and low-calorie drinks should spur the North America Kombucha market demand in the years to come.

Author Name : Report Hive Research

Robust industrialization and adoption of smart technologies in the manufacturing sector to stimulate the industrial predictive maintenance market trends over 2020-2026

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Predictive maintenance is a technique that helps analyze and determine the condition of any piece of equipment in real-time. So using this technique it ensures to efficiently estimate the maintenance performance timeframe, and thus it effectively saves time and money for the industries. Predictive maintenance works by detecting failure patterns by identifying when they occur, and enables the responsible person to take preventive measures before the equipment malfunctions. Therefore, this solution acts as a very effective tool for industries in almost every vertical, which has been driving the Industrial Predictive Maintenance Market growth.

This novel approach has several advantages ranging from saving the precious production time to the costs associated with major equipment parts. In addition, predictive maintenance techniques minimize the overall time for maintenance and repair of industrial equipment, thereby ensuring to keep it online for maximum time. Apart from guaranteeing the production quality and reliability, predictive maintenance could also fix the issues related to inventory overstocking during the equipment downtime.

Industrial predictive maintenance is often provided as a service by other organizations which leverage high tech sensors and instruments to identify a possible failure. The growing adoption of sensors among several industries such as energy, utilities, manufacturing, and automotive to minimize overall operating costs is anticipated to boost the Industrial predictive maintenance market outlook over the forecast timeframe.

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These sensors continuously monitor the functions of equipment and generate large amounts of data that can be used effectively used to predict the upcoming failures. The companies including those from the above mentioned industries follow a simple principle of "Time is money", as any failure results in significant loss of revenue. So the predictive maintenance market has been witnessing an increased traction during recent years. furthermore, the introduction of new service models to offer predictive maintenance to these companies is projected to fuel the industrial predictive maintenance market demand in the years to come.

However, low levels of corporate awareness about the use and benefits of predictive maintenance solutions are likely to somewhat limit the expansion of industrial predictive maintenance market size during the forecast period. Nevertheless, over time, as more and more companies become aware of the importance of the solution, the effectiveness of the aforementioned suppression is expected to decrease.

The lack of a skilled workforce with sufficient knowledge of running predictive maintenance solutions is also major challenge facing organizations. Besides, trained people are required for proper functioning and understanding of the tool who can analyze the situation and take corresponding actions based on the results. Therefore, to overcome this challenge regarding the unavailability of skilled workforce several solutions providers in the industrial predictive maintenance market have started conducting training sessions and consulting services.

Author Name : Report Hive Research

A sharp rise in domestic and global trades to foster industrial packaging market outlook over 2020-2026

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The industrial packaging market size is anticipated to grow at a significant pace in the coming years owing to the growing demand for international trade and product safety ensured by robust packaging solutions.  in addition, the development of environment-friendly packaging materials that allow easier handling while in transit without compromising product safety is expected to boost the demand for industrial packaging during the forecast period.

Moreover, increasing globalization and international trade are supporting business growth. Therefore, growing import and export trade activities between the countries for goods, such as chemical, pharmaceutical, construction, and electronics, should further fuel the Industrial Packaging Market demand in the years to come.

While the developed countries are the major producers and consumers of the industrial packaging products, the proliferating FMCG sector coupled with the industrial revolution in the emerging nations should stimulate industry growth. Demand for these products will further grow in the future with the increasing spending on R & Ds to develop advanced packaging solutions. Besides, technological advances, such as the use of robotics in digital printing and the development of reusable packaging materials to maximize product shelf life will accelerate the industrial packaging market trends during the forecast timeline.

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The industrial packaging market is basically broken down into different product types such as drums, intermediate bulk containers (IBCs), crates, sacks, buckets, tubes, and bulk boxes. These products are further categorized on the basis of materials used for manufacturing them which includes metal, plastic, paper, wood, and textile. Nowadays, the plastic material segment is the most preferred type by manufacturers due to durability, reusability, weathering resistance, and cost-effectivity achieved through it.

The material segment is subdivided into hard and soft packing, where the flexible segment includes paper and plastic while the wood, metal, and hard plastic make up the rigid segment. Flexible plastics are expected to show higher growth rates due to the technological breakthrough in making them biodegradable to cope with environmental regulations.

Depending on the end-use or application, the industrial packaging market covers a variety of industries such as food and beverage, agriculture and horticulture, automotive, chemicals, architecture and construction, pharmaceuticals, engineering, metal products, electronics, and furniture. At present, the Food and Beverage segment dominates overall industrial packaging market share and is projected to grow significantly during the forecast period.

However, pricing pressure on small vendors has hindered the industrial packaging growth, especially across the emerging nations due to poorer market penetration as compared to developed countries. But the use of cost-effective biodegradable raw materials for packing, due to strict environmental regulations should boost product consumption.

Author Name : Report Hive Research

Technological advances in the air filtration systems to stimulate household air purifier market trends over 2020-2026

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Air purifiers are devices that help remove contaminants from indoor air to improve air quality. ever-increasing pollution levels in the cities coupled with the rising consumer demand for energy-efficient air purifiers will primarily drive the household air purifier market growth. Manufacturers across the world are consistently improving the air purifier tech for making it energy efficient. Hence, the air purifiers that use less power than traditional air purifiers and resultantly save energy costs are in high demand.

The growing penetration of technologically enhanced and energy-saving air purifiers is estimated to boost the household air purifier market outlook in the coming years. And for this, the global vendors are introducing advanced materials into household air purifiers to increase the overall efficiency. For instance, there is a growing demand for residential air purifiers with HEPA filtration technology to help remove smoke and pollutants from indoor air.

Some of the common varieties of household air purifiers with HEPA air filtration technology available in the market include Sharp Plasmacluster ion air purifier with True HEPA filtration, Honeywell True HEPA tower allergen remover, Blueair HEPASilent air purifier, and Blueair Classic 505 HEPASilent air purifier among many others.

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The household air purifier market is generally segmented into products based on technology which includes HEPA, ionizers and ozone generators, and electric precipitators. HEPA technology dominates the residential air purifier market share is expected to accrue a majority of revenue share throughout the forecast period. The use of HEPA filters in residential air purifiers traps air pollutants and helps mitigate allergens.

 HEPA-based air purifiers are designed to target small pollutants and particles. Based on the product category, the household air purifier market can be segmented into the mode of action such as fume & smoke collectors, and dust collectors, where the dust collector segment accounts for the majority of market share due to the rising prevalence allergy associated conditions such as asthma.

Geographically, the North American region holds a dominant proportion of the global household air purifier market share and is expected to remain so during the forecast period. The regional growth can be attributed to increased consumption of residential air purifiers with HEPA technology-based systems that help remove smoke and dust particulates from the indoor air.

The Asia Pacific household air purifier market is projected to register the fastest growth rate during the forecast period. All due to the increasing product demand from the major countries including China and India undergoing rapid urbanization.

Author Name : Report Hive Research

Growing adoption from the military and telecommunication industry to expand High Altitude Long Endurance (Pseudo Satellite) Market through 2020-2026

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 HALE is an aircraft vehicle that can perform large-scale surveys of geographic areas with high accuracy and provide real-time information on military, defense, surveillance, and other civilian tasks. The High Altitude Pseudo-Satellite (HAPS) can be considered an extended version of HALE. HAPS is designed to operate at very high altitudes. Although installed at 30,000 feet above the Earth, HALE can reach up to 65,000 feet above the Earth's surface. In addition to the capability of directly replacing a satellite, HALE and HAPS can be modified several times for requirements, which is not at all possible with geosynchronous satellites, thereby driving the High Altitude Long Endurance (Pseudo Satellite) Market growth in the years to come.

Furthermore, in order to control the function of the geostationary satellite, the operator must, in this case, be aware of an energy source consisting mainly of fuel gas. These fuel gases also increase the cost of satellite maintenance. HALE and HAPS, on the other hand, operate on very low-cost solar energy and lithium-ion batteries compared to fuel gas. Therefore, aerospace and defense, military, surveillance, or communications applications have begun to adopt HALE and are now adopting HAPS to increase operational efficiency. Such cost-saving benefits offered by HALE and HAPS are projected to boost the High Altitude Long Endurance (Pseudo Satellite) Market outlook.

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HAPS is a potential alternative to traditional satellites, and once deployed, these aerial platforms typically travel to stratospheric altitudes ranging from 10 to 30 miles above sea level. Because HAPS is stationary, its effectiveness in providing services is limited, which might somewhat hinder the High Altitude Long Endurance (Pseudo Satellite) Market demand, but the low-cost benefits should subdue these negative effects in the upcoming future. Deploying satellites not only cost extreme, but also come with capacity and performance limitations. Replacing satellites with HAPS thus helps in efficiently delivering voice, video and broadband services at a much more economical price-to-performance margin than traditional geostationary satellites. Therefore, they are increasingly being adopted by telecommunications service providers to meet the demand for high-capacity wireless services, especially in remote areas where terrestrial-based network coverage is limited.

HAPS is more economical to manufacture and operate, but its effectiveness is limited by the durability of such platforms. For HAPS platforms, such as unmanned aerial vehicles (UAVs), electric propulsion systems are integrated to increase platform durability. This will result in a significant investment in R & D to develop a powerful battery system and high charge density solar panels to make the HAPS platform more durable, further promoting adoption by telecom and emergency service provider end-users. Hence the ongoing technological advancements to reduce the operational challenges are presumed to stimulate the High Altitude Long Endurance (Pseudo Satellite) Market trends in the next few years.

Author Name : Report Hive Research

Growing expansion of E-commerce industry to foster Gift Cards Market outlook by 2026

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The key drivers in the gift cards industry are product innovation, increased adoption in the retail industry, expanded application areas among end-users, and high smartphone adoption rates. Moreover, the proliferating e-commerce and m-commerce industry have been also supporting the global Gift Cards Market growth from the last decade. The following are some of the major trends that will influence gift cards market demand in the years to come.

 

Increasing use of gift cards as promotional tools

 

One of the key strategies of market players involves the use of gift cards as a promotional tool for the company. In addition, they are engaged in partnerships with other companies to offer their products with gift cards. This strategy has helped companies increase sales in terms of volume.

The demand for gift cards in the corporate sector is increasing significantly across the world. Companies tend to motivate employees in the form of gift cards as a perception of employee contributions and performance. Gift cards are convenient, secure, and have proven to be a new way to reward employees for performance.

 

Omni-channel functions that provide growth opportunities

 

Most of the major players in the gift cards market are primarily engaged in offering gift cards through their online sales channels, physical stores, and third-party e-commerce parties. Selling gift cards through physical stores and online channels can help businesses target customers around the world. Thus, the Omni-channel concept is expected to help companies witness significant growth in terms of value during the forecast period.

 

e-Purchase Lifestyle and Continuous Preference Changes among Consumers

 

The increasing adoption of the cash-to-card concept has positively impacted consumer demand for gift cards. These changes in personal lifestyles have led to the purchase of gift cards and have significantly boosted the expansion of the gift cards market size.

 

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Partial redemption feature to encourage consumers to choose a gift card

 

Consumers have joined loyalty programs to earn gift cards as rewards. They can later use the prepaid value of these gift cards for purchases which grabs mass attention from the public. Besides, Gift cards may act as a consumer's budgeting tool, as consumers could themselves decide only to make purchases that are equivalent to the amount available on the gift card and do not pay extra from their pockets. This is a key factor that encourages consumers to choose a gift card option rather than paying through other means.

 

Also, some retailers offer discounts on gift cards for regular customers which again motivates them to return for making additional purchases. Wide implementation of such strategies should accelerate the gift cards market trends in the long run.

 

Online shopping and self-use of the gift cards an emerging trend

 

According to the Blackhawk Company, 51% of consumers can shop online because they can get discounts, redeem promotions, and earn credit card points. E-commerce sites are boon to the gift cards industry. And with customers enjoying a high level of self-use of the gift cards, brands are expected to revamp their e-commerce gift card strategies to improve the purchasing experience for consumers.

Author Name : Report Hive Research

Growing awareness about predictive testing to propel the Genetic Testing market through 2020-2026

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Rising incidence of hereditary diseases is primarily driving the genetic testing market growth. According to the World Health Organization, sickle cell anemia is a genetic disease whose ancestry is associated with people living in several countries such as South America, India, Sub-Saharan Africa, Central America, Saudi Arabia, Cuba, Italy, Turkey, and Greece. In addition, the widespread application of genetic testing in oncology and other indigenous diseases is also fueling the genetic testing market demand.

Genetic diagnosis based on examining specific changes in chromosomes, proteins, and genes helps to estimate an individual's chance of developing cancer. Growing demand for personalized medicine coupled with various government initiatives to raise awareness of genetic testing procedures is having a positive impact on the overall Genetic Testing Market outlook.

Recent advances in genetic testing such as direct to consumer genetic testing (DTC) that allows self-test at home is expected to further augment the genetic testing market size during 2020-2026. There has been a growing preference for direct to consumer genetic testing as these DTC kits are easily available through online and offline sales channels and importantly they eliminate the involvement of health professionals.

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These tests offer a proper understanding of an individual's genomics, and thus allows them to make significant changes to their diet patterns and lifestyle, thus serving a precautionary measure for reducing the probability of developing a chronic disease. The way predictive testing at home allows patients to take early steps and preventive measures to avoid further complications, it is expected to stimulate the genetic testing market trends in the coming years.

Genetic testing market by type is segmented into different types of genetic testing procedures including pharmacogenomic testing, predictive and presymptomatic testing, diagnostic testing, carrier testing, neonatal screening, and prenatal testing. Of these, the diagnostic test type accounts for the majority of the genetic testing market share and is expected to continue to dominate the market throughout the forecast period. This is due to the rising health awareness among people around the world complemented by the increased incidence of genetic diseases. Pharmacogenomics test type is expected to the highest growth rate in the near future, due to widespread adoption in drug discovery and ongoing developments at pharmaceutical companies.

Geographically, North America accounts for the largest share of the genetic testing market from the past, due to the presence of a vast number of academic and research institutions. Besides, the easy availability of technologically advanced products and increased government financing toward developing such research establishments will further favor regional growth during the forecast period.

 

Author Name : Report Hive Research

E-Commerce Platform Market outlook appears positive due to shifting preferences toward online retail channels

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The rise of e-commerce has significantly transformed the retail sector, especially with the introduction of online platforms for purchasing goods. Not limited to the end-users, even retailers are increasingly buying goods online from the wholesalers because of the convenience and cost-effectiveness provided by the online platforms. With this aspect, retailers are seen embracing e-commerce platforms to enhance their customers' shopping experiences, which has also increased their business visibility allowing them to reach remote customers regardless of the regional barriers.

 

Besides, product integration provides a seamless consumer experience by diminishing the barrier between online and offline retail channels. Apart from enhancing the overall consumer experience, these platforms include a host of analytical features for the retailers that allows tracing the availability of goods and revenue generation on the go. Thereby meeting all the business requirements through a single software.

 

The integration of advanced features such as data analytics is expected to boost e-commerce platform market trends during the forecast period. Today, data is not considered a by-product of business, but a key asset that provides insight into customer’s behavior concerning purchasing patterns, frequency, and choice. The rising penetration of big data analytics is causing a paradigm shift in the e-commerce industry because data is now considered as a key aspect to forecast sales. And to simplify the complexities associated with big data analytics, the e-commerce platform developers have started integrating AI solutions into them.

 

These data-driven smart tools have helped the retailers to generate higher revenues from the resultantly improved sales. Moreover, e-commerce platforms allow better interaction with the customers by allowing them to rate products and services that in turn provides a medium to understand consumer requirements which can be cashed into profits, further driving the e-commerce platform market demand.

 

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Considering the e-commerce platform market segmentation by type, the Cloud-based deployment model is expected to witness significant traction as compared to the on-premises deployment. This can be attributed to the growing number of retailers focusing on leveraging online platforms to acquire new customer segments, fostered by technological advances and increasing competitiveness of the retail sector. 

 

Despite the e-commerce platform vendors are consistently improving the usability of their product offerings by integrating several new features consistently, the huge data volumes and increasing bandwidth demands pose major challenges to the e-commerce platform market growth during the forecast period. This is because the increased scalability provided by the e-commerce platforms highly depends on the network infrastructure and its ability to handle traffic loads. However, the e-commerce platform vendors are focusing to enhance their network infrastructure to overcome this major challenge, eventually leading toward the expansion of e-commerce platform market size in the upcoming years.

Author Name : Report Hive Research

The increasing number of cybercrimes to augment cybersecurity software market size during 2020-2026

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The growing popularity of digitalization and a rising shift toward cloud technology are primarily driving the cybersecurity software market growth. In addition, the major factors such as increasing malware and phishing threats, rising penetration of the IoT & BYOD trends across the organizations projected to boost the Cybersecurity Software Market outlook in the upcoming future.

Also, the cybersecurity activities are now kept on the topmost priority as similar to strategic business activities for minimizing the threats to IT resources which ultimately fuels the cybersecurity software market demand. Moreover, the increasing demand for deploying strong authentication technologies across all size organizations is also expected to have a positive impact on business growth.

The following are some of the top impacting factors projected to guide the expansion of cybersecurity software market size during 2020-2026:

The rapid adoption of IoT and BYOD trends to foster product penetration:

Emerging IoT and BYOD trends between organizations are exposing devices and applications to Advanced Persistent Threats (APT). In addition, as the number of mobile devices in an organization grows, it becomes more difficult for IT teams to manage and track the data flow of various systems. Therefore, organizations are adopting cybersecurity systems to monitor, classify, and resolve all types of attacks, protect critical information.

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Shifting preferences toward cloud technology to accelerate cybersecurity software market trends:

Cloud computing offers the required flexibility and unlimited scalability when it comes to business applications. And this is the reason why organizations have started leveraging the powerful and flexible computing infrastructure provided by the cloud technology that allows them to simplify data storage and also provides remote access to the data securely.

In addition, the implementation of a cloud-based model allows organizations to manage several applications at a time, without worrying about the other intensive processes running in the background such as data analytics. Moreover, cloud technology empowers them to lay software-defined boundaries, to aid the creation of a robust, scalable, and highly secure business platform.

Deployment of Cybersecurity software solve the authentication worries:

Organizations need strong authentication to make sure that only authorized employees will have access to internal networks or specific applications. Thereby, many organizations are gradually moving to implement multi-factor authentication to avoid the threat posed by conventional password-based authentication methods that include loopholes.

Multi-factor authentication is primarily performed by adding a biometric element to traditional usernames and passwords. Other protective layers include hardware and software tokens to verify the identity with authentications steps to follow. The immediate danger of cyber threats will encourage organizations to adopt effective cybersecurity solutions, thus signaling substantial growth in the cybersecurity software market by the end of 2026.

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Composite coatings market to witness growth from Automotive and Construction application segments

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Composite coatings are primarily the type of protective coatings applied to concrete, steel, or any other substrate material that provides excellent waterproofing and corrosion protection to target materials. Being lightweight these products do not impact the overall structural weight of the materials as only thin layers are enough to offer protection against heat and corrosion from exposure to environmental or artificial stresses.

The rapid expansion of the automotive and construction industry is a key driver of the global composite coatings market. The corrosion resistance and endurance enhancing properties offered by the composite coatings are expected to fuel the application potential of the product, further boosting the global composite coatings market outlook over the forecast period. Besides, a sharp increase in population and rapid industrialization in the emerging nations are some of the major impacting factors projected to stimulate the composite coatings market trends over the years to come.

Moreover, the ongoing expansion of the oil and gas industry is also expected to offer lucrative growth opportunities to the composite coatings market in the near future. Technological innovations in processes such as piping systems and downhole tube systems are presumed to augment the consumption of composite coatings. The product finds significant applications in several other industries such as transportation, construction, marine and metal forming.

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Construction is one of the most common industries where composite coatings are used to protect steel from corrosion which plays a major role in increasing the structural life of the buildings and other infrastructure projects. Apart from enhancing construction life, the product finds growing demand as an excellent thermal barrier which allows its utilization for a plethora of projects in the construction industry. Thereby indiscriminate product application in the construction segment is expected to drive the composite coatings market growth over the forecast period.

The ongoing housing development projects pertaining to surging population in the Asia Pacific will lead toward substantial rise in product demand, further boosting the Asia-pacific composite coatings market share. In addition, the region is undergoing an industrial revolution since many years, and these advanced coatings are used on a variety of equipment used in these industries to provide uniform coating thickness, accuracy, stiffness, and consistency, and reduce required maintenance costs. Thereby supporting the regional growth in the years to come.

North America is expected to register a highest CAGR during the forecast period, which can be owed to the ever- increasing product demand from the transportation, aerospace and defense industries.

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Improved performance and scalability advantages to foster cloud-based PLM market share

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Product Lifecycle Management (PLM) is a process or system used to manage the real-time product status through its entire lifecycle from product design to manufacturing and disposal. PLM helps you manage the entire product lifecycle efficiently and cost-effectively which has been the key reason driving its adoption across several industry verticals.

Nowadays, manufacturers are increasingly required to share product data with stakeholders inside and outside the organization that includes critical information related to engineering, operations, quality, procurement, and marketing. And here is where the PLM comes handy to the manufacturers, as it ensures better co-ordination in the organization by allowing the corresponding teams to track and regulate product changes.

Traditional or on-premises PLM solutions are not always cost-effective, especially for small and medium businesses (SMEs) as these sizes of enterprises generally appear reluctant to invest heavily in PLM deployment. But with the advent of Cloud-based PLM solutions gaining popularity among manufacturers around the world, even the SMEs have changed their stance and have started to embrace the PLM solutions, which is expected to augment the global Cloud-Based PLM Market size in the years to come.

Cloud-based PLM market has gained immense momentum as these solutions easily can integrate broad information about product development, essentially keeping the suppliers in the loop for better communication about the change order and requests. Thereby, the way it manages complex product data in a fast-moving environment, cloud-based PLM is increasingly getting popular in the manufacturing sector, and hence fueling the cloud-based PLM market demand.

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Other advantages include remote access to the data with the help of an internet connection, cost-effectivity, and better return on investment (ROI) than traditional on-premises PLM. In addition, Cloud-based PLM services can be tailored to customer-specific requirements, and therefore especially the geographically dispersed organization can quickly implement new processes making it a scalable solution. Moreover, these systems offer regular software updates as they are monitored by dedicated software providers, and also the process of software up-gradation is much quicker as compared to on-premise PLM applications that require an expensive and time-consuming integration process.

Considering its usability, cloud-based PLM solutions are designed with a user-centric approach and so they come integrated with a better user interface (UI) which enhances the overall user experience. The list of advantages is just exponential when we include the comprehensive aspects of the cloud-based PLM solutions such as virtualization capabilities, robust security, architectural partitioning, and distributed processing, thereby boosting the Cloud-based PLM market outlook in the upcoming years.

Cloud-based PLM market growth is driven by its vast number of use cases. The system finds applications in the transportation, life sciences, consumer products, consumer electronics, machinery and mechanical component manufacturing, energy and utilities, aerospace and defense, pharmaceutical and automotive sectors. Besides, Cloud-based PLM covers a wide geographical area, allowing the businesses to expand and gather more stakeholders irrespective of the location constraint. 

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Increasing awareness about the healing properties of cannabidiol to drive CBD Skin Care Market trends over 2020-2026

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The CBD Skin Care Market growth is primarily driven by increasing awareness of the benefits offered by CBD infused personal care products. Cannabidiol (CBD) is a naturally occurring compound derived from cannabis plants and is one of the 100 cannabinoids found in hemp plants. Although CBD is found in marijuana plants, it is legal to purchase it in an isolated form which lacks elements triggering psych activity.

Traditionally, cannabidiol has been studied for its analgesic, relaxing, and anxiolytic effects, but recent studies have shown that applying it to the skin can yield remarkable therapeutic results. furthermore, the legalization of cannabis cultivation is expected to further expand the CBD Skin Care Market size during the forecast period.

As CBD is considered safe and effective for all skin types, it is especially helpful for those who suffer from skin-related irritability, inflammatory conditions, acne, and dryness. Packed with powerful inflammatory properties, CBD helps the skin's natural healing process and shortens the lifespan of recurrent breakouts and eczema, thereby helping to get rid of skin infections that have built drug resistance.

CBD also introduces potential antioxidants into the skincare products that can help counteract the signs of aging. Moreover, it also helps reduce pain caused by inflammatory skin conditions. Rising count of old age population and increased spending on anti-aging products is thereby estimated to boost the CBD skin care market outlook in the years to come.

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Given the significant number of healing properties as mentioned above, it should encourage manufacturers to develop products infused with the benefits of CBD. Considering the product type the segment, CBD-based skincare oil holds the majority of CBD skin care market share and is projected to continue its dominance during the forecast timeframe. 

These product types are becoming increasingly popular in the personal care market due to its anti-inflammatory properties, making it beneficial for eradicating acne, aging, and wrinkle-prone skin conditions. CBD oil also has antioxidant properties that help reduce the visible signs of aging, ultimately fueling the CBD skincare market demand.

Based on regional analysis, the North American region dominates the overall CBD skincare market share and is also expected to display the fastest growth rate during the forecast period. All thanks to the increasing demand for CBD skincare products driven by high spending powers of the consumers in the region. Also, the United States and Canada has legalized marijuana that will further contribute to regional growth in the coming years.

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Cannabis oil market size to grow significantly from the medical application segment

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Cannabis extracts are generally available in either of the two forms --cannabis oil and tinctures which are often used to treat a variety of conditions, including mental disorders, nausea, and cancer. In terms of legality, the extraction method is very generous due to the non-psychoactive properties of cannabidiol (CBD) oil compared to other products such as buds and resins. Both the Cannabis extracts in the form of oil and tinctures are expected to gain momentum and increased demand in the coming years, as they can be safely consumed compared to other forms. Moreover, as the social prejudice against smoking cannabis buds gradually decreases, it will further foster the Cannabis Oil Market demand, for both medical and recreational purposes.

The increasing prevalence of cancer and the rising need for treatment related to pain management is also a major factor expected to drive the cannabis oil market outlook during the forecast period. The World Health Organization (WHO) reports that cancer is the second most leading cause of death across the globe.  In addition, the safer nature of cannabis oil makes it an important form of medical marijuana. for instance, children are prescribed cannabis oil instead of buds due to age restrictions and accurate dose calculations made possible by the oil as compared to the smoking of buds.

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The medical application segment is expected to witness the fastest CAGR over the forecast period. This is mainly due to the increased medical usage of the product preferred for easy quantification of dosage and better usability. A change in the perception of medical professionals regarding safer product ingestion techniques such as oral dosage in the form of beverage or chewing gum should drive product demand during the forecast period, and thus accelerate the cannabis oil market growth.

The North America cannabis oil market accounts for the highest market share pertaining to significant product usage for pain management and the presence of a large geriatric population. moreover, the legalization of medical marijuana in the region has tremendously increased product demand. In 2018, medical marijuana was legalized in 30 U.S. states, including Guam, Puerto Rico, and Colombia. Also, a large population of adults in the United States supports the use of marijuana for medical purposes, such as treating pain, inflammation, and cancer. Thus, factors such as the legalization of cannabis for medical usage and increased public support will further expand the North America cannabis oil market share in the years to come.

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Depleting fossil fuel reserves and the search for greener alternatives to drive biodiesel market outlook in the years to come

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The global biodiesel market size is expected to increase significantly in the coming years. Biodiesel is basically obtained from animal fats, edible oils, yellow grease, and vegetable oils by a process called transesterification, which converts fats and oils into chemicals. These chemicals derived from all-natural sources act as a direct alternative to fossil fuels and conventional fuels. But the main advantage they provide is to lower greenhouse gas emissions, which according to recent estimates goes far beyond 6 billion metric tons of carbon dioxide.

Shifting focus toward energy independence and rising environmental concerns are primarily driving the biodiesel market demand worldwide. Apart from its key features to reduce greenhouse gas emissions, biodiesel is biodegradable and also a renewable liquid fuel for greener transportation. Being essentially produced domestically and having all aspects of conventional fuels, it reduces reliance on imported oil. In addition, biodiesel producers enjoy some favoring government policies and tax incentives to further boost global Biodiesel Market growth in the coming years.

Presently, the global biodiesel market is in a period of rapid growth and development, creating new opportunities for players in the coming years. The product offers a cetane rating and superior lubrication properties compared to low sulfur diesel fuels which are anticipated to drive product demand. As petrochemical reserves in oil rigs around the world keep depleting, it will wide open the doors for alternative fuel sources like biodiesel. As per recent estimates, the World oil reserves are expected to last until 2050, thus creating concerns among researchers across the world to look for the right alternatives, thereby accelerating the biodiesel market trends during 2020-2026.

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Where the shortage of animal and plant-based raw materials to produce biodiesel has posed several challenges for the manufacturers, the ongoing R&Ds are showing up with some positive results. for instance, algae are the newest source for deriving biodiesel. Several such advancements in the manufacturing techniques and search of alternative raw materials should positively boost biodiesel market outlook during 2020-2026.

Based on the application, the biodiesel market can be separated into two main groups, mainly transportation and power generation. The product can be easily used with existing fuel engines, infrastructure, and vehicles, essentially unchanged. Moreover, it can be used, stored, pumped and burned similar petroleum-based diesel fuel with no modifications required. The transportation segment accounts for a majority of the biodiesel market share with the European region being a topmost product manufacturer, led by countries such as France and Germany.

The Asia-Pacific and European regions are anticipated to offer great opportunities for the biodiesel market, especially in countries such as India, the United Kingdom, and China, with ever-increasing diesel prices and huge numbers of diesel vehicles. As the efficiency of existing raw materials increases, the market is expected to display some sharp growth patterns in the mentioned countries. 

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Rising product adoption in the emerging economies to accelerate baby care products market outlook over 2020-2026

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The baby care products market is made up of several baby care items for infants including baby powders, shampoos, body lotions, massage oils, shower gels, baby wipes, and more. These personal care products are designed to be gentle on baby skin and so they undergo several clinical trials before reaching the shelves of the retail market.

The Baby Care Products Market has been witnessing significant growth due to increasing birth rates in both developed and developing countries across the world. Besides, other factors including increasing consumer awareness of child hygiene, high disposable income, and changing lifestyles in developing countries are driving the baby care product market growth. In addition, the recent launches of chemical-free products containing organic ingredients are some of the hot-selling baby care items at the moment. Increasing penetration of chemical-free baby care products is projected to stimulate the baby care products market trends during 2020-2026.

Rapid urbanization and a growing middle-class population in some developing regions is driving the market even further. Lifestyle changes, especially in developing countries, have encouraged the adoption of convenience-oriented routines, making these items desirable and driving industry growth during the forecast period. Also, increasing consumer awareness of child health often advertised by government bodies and NGOs is driving product sales. As a result, there is a growing demand for a variety of baby cosmetics and toiletries, such as skin, hair care, and other products.

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Cosmetics and toiletries segment accounts for a majority of global baby care products market share, as it includes a huge range of products from skin, bath, and hair care items. Leading companies are focused on developing enhanced products with improved technology in terms of design, configuration, and performance.

The governments of emerging economies are implementing baby care programs to raise awareness about the benefits of such products. These factors are expected to have a positive impact on the baby care product market outlook during the forecast timeline. The Asia-Pacific baby care products market is projected to observe the fastest growth rate due to the high adoption of baby care items owing to rapid urbanization and lifestyle changes in recent years.

On the other hand, high manufacturing costs due to numerous quality checks can pose challenges to the growth of the baby care products industry. Manufacturers face several issues while meeting the basic criteria that are expected to limit business expansion. However, increased demand for safe and convenient products, including strollers and child seats, in developed regions as a result of strict child safety regulations is expected to have a positive impact on baby care products market growth. North American region is expected to hold a significant revenue share in the future.

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Appointment scheduling software market outlook to be spurred by the growing adoption of smartphones and rising network penetration across the world

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Appointment scheduling software is designed to provide consumers with an advance booking or scheduling services that also allows the users to modify or rescheduled meetings or appointments as when required. Appointment Scheduling Software provides an attractive and easy-to-use portal for customers to schedule appointments and manage online meetings. This application is widely known as online booking software across many end-user industries.

 

Appointment scheduling software offers a variety of benefits, such as scheduling meetings in advance, providing access to calendars, allowing businesses to implement rules, printing forms, and customizing meeting schedules, and reveals the upcoming meetings with an easy to use interface. Owing to the several benefits that guide entrepreneurs in the course of business growth, the Appointment Scheduling Software Market is anticipated to witness increased traction in the years to come. 

 

In addition, appointment scheduling software offers a number of other benefits, including occasional reminders for appointments, employee management, and calendar integration, thus making it an all-in-one business-critical application which is expected to drive the global appointment scheduling software market growth. In addition, the increasing adoption of advanced technologies and the easy availability of devices compatible with this software are additional factors that are expected to fuel the appointment scheduling software market demand. 


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In addition, advanced technologies that allow customers to make payments on the go with improved device, compatibility is anticipated to favor the software adoption in various fields such as education, field service, food service, car maintenance, fitness center, finance, and healthcare industry. However, the lack of awareness among many targeted industries of the appointment scheduling software market and the absence of a strong network to widen the software adoption are some of the key factors that are expected to restrain the business growth in the next few years.

 

Based on the type of platform, the android mobile segment is projected to dominate the global appointment scheduling software market share. The growth can be attributed to the mass adoption of smartphones across the world supported by rising network penetration. The mobile-based software offers an attractive user interface that enhances the usability, irrespective of the high-cost or low-cost devices, making it readily available for all groups. Based on the regional analysis the North American region is expected to account for a majority of revenue share in the global appointment scheduling software market. The growing adoption from IT and telecom industries favored by the presence of key players is anticipated to drive regional growth.

 

 

 

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Rising Drone intrusions in the airspaces of secure government facilities to upsurge anti-drone market demand over 2020-2024

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Report Hive Research adds a new study titled “Anti-Drone Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, applications, restraints, opportunities, and growth prospects of the global Anti-Drone Market forecasted from 2020 to 2024. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

Market Overview:

Drones with built-in cameras have provided an opportunistic way to professionals looking for aerial photography. However, with the increasing adoption of these unmanned aerial vehicles, there are growing safety concerns among governments. The increasing use of these unauthorized flying objects to spy through backyards and windows has increased the threat to national security around the world.

These aircraft systems consist of various sensors that can record video and audio regardless of time and place. To combat them, manufacturers are increasingly developing innovative UAV mitigation techniques that limit the flight of unmanned aerial vehicles in unmanned airspace.

The adoption of unmanned aerial vehicles (UAVs) in commercial and recreational applications worldwide has increased significantly. And this has subsequently increased the number of security breaches in public places and critical government infrastructure. Therefore, the detection and identification of these UAVs thus have become an integral part of maintaining security, which has been primarily driving the Anti-Drone Market growth.

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Governments are typically equipped with missiles and air force fighters put on standby as part of their air defense. However, in the case of threats from small drones or UAVs, using such big missile systems and fighter planes is not supposed to be good practice, especially when these tiny intruders could be effectively managed by some other means falling under the category of anti-drone systems.

To combat these unnamed flying intruders, businesses and governments around the world are increasingly investing in anti-drone technology development and commercialization, further boosting anti-drone market outlook during the forecast period. Some of them are meant to only detect them while others even come equipped with search and destroy mechanism.

The global Anti-Drone Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report from the link below or simply get in touch with one of our sales executives.

Regions covered:

The report focuses on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

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Rising incidence of cancer complemented by the growing elderly population to boost anatomical pathology laboratory information system market over 2020-2025

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Report Hive Research adds a new study titled “Anatomic Pathology Laboratory Information System Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Anatomic Pathology Laboratory Information System Market forecasted from 2020 to 2025. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

Anatomic Pathology Laboratory Information System Market Overview:

Anatomical pathology differs somewhat from clinical pathology, which deals with the measurement of chemical constituents of blood and other body fluids or the detection of pathogens present in them. Anatomical (or anatomical) pathology, on the other hand, is a medical facility that studies the effects of disease on the structure of bodily organs by analyzing the tissue supplied by hospitals.

The main role of anatomical pathology is to identify abnormalities that help diagnose disease and manage treatment. One of the frequent uses of anatomical pathology is to help identify and manage different types of tumors and cancers. It also involves assessing other conditions such as kidney and liver diseases, autoimmune diseases, and infectious diseases. In fact, most hospitals send all tissue removed during surgery to an anatomic pathologist for further analysis.

These high-tech facilities are involved in the diagnosis of disease based on gross, microscopic, biochemical, immunological, and molecular tests of organs and tissues. Therefore, the workflow involves complex procedures such as tissue collection, processing, inspection, and diagnosis of abnormalities. Maintaining data is quite complex for such laboratories, as patient samples are sent from multiple hospitals and healthcare facilities, which essentially creates the need for an anatomical pathology laboratory information system.

In addition, according to the global population outlook released by the United Nations (UN), the world's elderly population is expected to triple by 2050 compared to 2017. Therefore, the rising count of elderly population will fuel the demand for diagnosing chronic diseases including cancer, pulmonary obstructive disease, diabetes, and many more, subsequently driving the anatomical pathology laboratory information system market growth in the years to come.

The global Anatomic Pathology Laboratory Information System Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

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Anatomic Pathology Laboratory Information System Market Key Players:

·       Cerner Corporation

·       EPIC Systems Corporation

·       Meditech

·       SCC Soft Computer

·       Sunquest Information

·       Mckesson Corporation

·       Orchard Software

Market Segmentations Covered in the Report:

Product Type

·       Standalone

·       Integrated

Applications

·       Hospital

·       Clinic

·       Research Institute

·       Other

Anatomic Pathology Laboratory Information System Market Regional Analysis:

·       North America (U.S., Canada, Mexico)

·       Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

·       Asia-Pacific (China, India, Japan, Southeast Asia etc.)

·       South America (Brazil, Argentina etc.)

·       Middle East & Africa (Saudi Arabia, South Africa etc.)

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AdBlue Market to register substantial gains from the transportation and agricultural application over 2020-2025

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Report Hive Research adds a new study titled “AdBlue Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global AdBlue Market forecasted from 2020 to 2025. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

AdBlue Market Overview:

AdBlue is a highly purified liquid solution that is a mixture of urea and deionized water in the ratio of 32.5% and 67.5%, respectively. AdBlue, also known as Diesel Exhaust Fluid (DEF), is a colorless, non-hazardous, transparent liquid largely used in automobiles to reduce the emission of nitrogen oxide (NOx). The NOx emitted from the vehicle in the form of small particles tends to cause significant damage to the sensitive lung tissue in animals and humans by reacting with other gases present in the atmosphere. Therefore, AdBlue is an essential component for reducing nitrogen oxide (NOx) levels by converting NOx to a less harmful mixture of water vapor and nitrogen.

Robust infrastructure developments and rapid industrialization have increased demand for heavy vehicles, subsequently driving the AdBlue market growth. In addition, the surge in demand for agricultural machineries such as tractors, pumps, and harvesters will also support the Adblue market demand in the years to come.

Globally, Europe dominates the AdBlue market both in terms of value and volume and is expected to maintain its dominance throughout the forecast period. This is due to the presence of well-developed countries in the region, such as Germany and France, focusing on sustainable development. In addition, the enforcement of strict environmental standards in European countries is primarily driving the regional demand.

The Asia-Pacific is expected to be the fastest-growing region in the AdBlue market. Emerging economies such as China, India, are seeing a rapid surge in activities such as construction and infrastructure development and manufacturing, providing a significant boost to the transportation and logistics industry in these countries. In addition, the adoption of stringent emission standards will accelerate the consumption of AdBlue to reduce emissions, thus creating potential business opportunities for players in the AdBlue market.

The global AdBlue Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

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AdBlue Market Key Players:

·       BASF

·       Shell

·       BP p.l.c.

·       Total

·       Bosch

·       Cummins

·       Daimler AG

·       Fiat Group Automobiles

·       Finke Mineralolwerk

·       Nissan Chemical

·       ENI S.p.A.

·       Komatsu

·       Kruse Automotive

·       Alchem AG

·       GBZI Comtrade

·       Samsung Fine Chemicals

·       Mitsui Chemicals

·       Yara

·       Borealis L.A.T

·       GreenChem

·       Adquim SpA.

·       Novax

·       Kelas

·       Sichuan Meifeng

·       Beijing Yili Fine Chemical

·       Sinopec Group

·       CNPC

·       Baoyi

·       Everblue

Market Segmentations Covered in the Report:

Market by Type

·       CNG

·       LPG

·       Others

Market by Application

·       Public Transportation

·       Mining/ Construction

·       Agriculture

·       Marine

·       Others

AdBlue Market Regional Analysis:

·       Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

·       Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

·       North America [United States, Canada, Mexico]

·       Middle East & Africa [GCC, North Africa, South Africa]

·       South America [Brazil, Argentina, Columbia, Chile, Peru]

Author Name : Report Hive Research

Flourishing Healthcare sector to boost Surgical Gowns Market outlook over 2020-2025

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Report Hive Research adds a new study titled “Surgical Gowns Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Surgical Gowns Market forecasted from 2020 to 2025. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

Market Overview:

An increased rate of surgeries in both developing and developed nations is a key contributor to the revenue growth of the surgical gown market worldwide. The rapidly growing aging population across the world supported by the increased health expenditure due to high disposable incomes is primarily responsible for the increased number of surgeries.

One of the most important functions of surgical gowns is to prevent patients from picking up potentially life-threatening nosocomial infections, commonly known as hospital-acquired illnesses (HAIs). With recent advances in Medicare facilities, awareness about nosocomial infections is also increasing. According to data released by the Center for Disease Control and Prevention, more than 30% of HAIs are surgical site infections, which burdens upon the hospitalization costs for patients.

Increasing cases of patients getting HAIs has led to the growing awareness among healthcare facilities, which are now making use of disposable surgical gowns, to limit the microbial exposure to the patients undergoing surgery, hence accelerating the surgical gown market demand in the years to come.

Continued innovation in materials and techniques used for developing surgical gowns coupled with lucrative marketing strategies adopted by surgical gown manufacturers are also expected to boost revenue growth in the global surgical gown market. The market for surgical gowns has long been an established market, but there have been many innovations in technology that have made the surgical gowns more efficient and safe, allowing them to better protect both the patients and surgeons.

A variety of surgical gown options are now available on the market to accommodate a specific need. Based on the product type, the disposable surgical gown segment hold majority of the global surgical gown market share in terms of revenue and is expected to remain so throughout the forecast period. Due to the high level of protection offered by disposable surgical gowns, these products have been adopted significantly more than reusable surgical gowns and therefore have a relatively higher market penetration

The global Surgical Gowns Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

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Key Players:

·       3M Health Care

·       C.R. Bard

·       Cardinal Health

·       Halyard Health

·       Hartmann

·       Johnson & Johnson

·       Lohmann & Rauscher

·       Medline

·       Molnlycke

·       Stryker

·       Welmed Inc

·       Biolife

·       Ecolab/Microtek

·       Henry Schein

Market Segmentations Covered in the Report:

Market by Type

·       Reusable

·       Disposable

Market by Application

·       Hospitals

·       Clinics

·       Others

Regions covered:

·       Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

·       Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

·       North America [United States, Canada, Mexico]

·       Middle East & Africa [GCC, North Africa, South Africa]

·       South America [Brazil, Argentina, Columbia, Chile, Peru]

Author Name : Report Hive Research

Stone Crusher Market to amass substantial gains from the Asia-Pacific over 2020-2024

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Report Hive Research adds a new study titled “Stone Crusher Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Stone Crusher Market forecasted from 2020 to 2024. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

Market Overview:

The multi-applicability of stone crushers in major sectors such as mining, infrastructure development, and construction, primarily drives the stone crusher market growth. There has been a significant increase in the mining activities in the Asian region, due to the continuous development of roads and highways in the developing economies, which is expected to boost the stone crusher market demand during the forecast period.  

Along with the up surge in road developments across the world, the rising construction activities meant for residential, commercial, or public infrastructure purposes will also foster the business growth in the upcoming period. These heavy machines are often used onsite or offsite to efficiently crush large amounts of stone into the desired size of gravels used for the construction activities. However, factors such as high cost of crushing equipment, lack of skilled operators, emission of fine dust particles during machine operation, and noise pollution are collectively expected to hinder market demand.

The jaw crushing equipment segment is anticipated to increase at a double-digit year-on-year growth rate during the forecast period, as the machinery is commonly used for several applications including construction, metallurgy, and mining to crush various materials such as rock, marble, granite and iron ore, Copper ore, etc. Jaw crushers offer several advantages such as high performance, easy maintenance, and simple design features. Moreover, these machines can be easily relocated for service and maintenance purposes, reducing overall project operating costs, thus further promoting segmental growth.

The Asia-Pacific region is estimated to account for the majority of stone crusher market share during the forecast period. Such dominance can be attributed to increasing government spending on public infrastructures such as roads and railways, especially in emerging economies such as China and India. For example, the Government of India has recently launched a road development program in Northeast India. Phase A of the project includes a road upgrade of 4,099 km with a budget of approximately US $ 3.3 billion. This is expected to be completed by the end of 2021.

The global Stone Crusher Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

Get sample report @ https://www.reporthive.com/request_sample/2277536

Key Players:

·       Henan Mine Heavy Machinery Co., Ltd.

·       Breeze Machinery

·       HcN Heavy Equipment Group

·       Komatsu

·       Terex

·       Sandvik Group

·       Liebherr

·       Jiaozuo Zhongxin Heavy Industrial Machinery Co.,Ltd

·       Shanghai SANME Mining Machinery Corp., Ltd.

·       SHANGHAI ZENITH MINERALS CO., LTD.

·       IROCK Crushers

·       Weir Group

·       WIRTGEN GROUP

Market Segmentations Covered in the Report:

Product Type Segmentation

·       Jaw Crushers

·       Cone Crushers

·       Impact Crushers

Industry Segmentation

·       Mining

·       Construction Industry

Regions covered:

·       North America Country (United States, Canada)

·       South America

·       Asia Country (China, Japan, India, Korea)

·       Europe Country (Germany, UK, France, Italy)

·       Other Country (Middle East, Africa, GCC)

 

Author Name : Report Hive Research

Comprehensive sex education programs coupled with growing consumer attraction toward intimacy to expand condom market size over 2020-2024

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Report Hive Research adds a new study titled “Condom Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Condom Market forecasted from 2020 to 2024. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

Market Overview:

Raising awareness about reducing the spread of sexually transmitted diseases through government initiatives and sex education programs are driving the global condom market outlook. In addition, favorable government efforts to educate people about protected sex are expected to drive market growth. Various local governments promote the use of condoms to prevent unwanted pregnancy and prevent HIV / AIDS. For example, in 2017, the British Public Health Service launched a new campaign, protect to STIs, that was introduced to reduce the incidence of sexually transmitted diseases among adolescents between 16-24 years of age.

 Apart from educational programs, other factors such as innovative packaging styles increased marketing & promotional activities, and the introduction of innovative condom designs for maximum pleasure without compromising the safety is anticipated to stimulate the global condom market trends over the forecast period. Condoms are available in latex and non-latex materials with desired thickness and designs for a proper fit, through mass retailers, drug stores/pharmacy, online retailers, and other distribution channels. The rising adoption rate of contraceptive products among consumers worldwide has fueled the global condom market demand.

The United States is one of the largest condom markets in the world with a record number of product sales each year.  The increasing use of condoms for family planning and STD prevention is primarily driving regional business growth. Rising demand for premium condoms and increased consumption of sexual wellness products in the region is projected to support the growing United States condom market share during the forecast period.

The global Condom Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

Get sample report @ https://www.reporthive.com/request_sample/2255762

 

Key Players:

·       Durex

·       Okamoto

·       Trojan

·       Ansell

·       Sagami

·       Gulin Latex

·       NOX

Market Segmentations Covered in the Report:

Product Type Segmentation

·       Latex

·       Non-Latex

Industry Segmentation

·       Under 25

·       25-34

·       35-49

·       Above

Regions covered:

·       North America Country (United States, Canada)

·       South America

·       Asia Country (China, Japan, India, Korea)

·       Europe Country (Germany, UK, France, Italy)

·       Other Country (Middle East, Africa, GCC)

Author Name :

Energy Conservation Trends to propel Smart Outlet Market growth over 2020-2024

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Report Hive Research adds a new study titled “Smart Outlet Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Smart Outlet Market forecasted from 2020 to 2024. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

Market Overview:

Smart outlets also known as the smart plugs get plugged into a normal electrical socket transforming it into a versatile and high-tech electrical outlet. Developing countries are projected to offer favorable growth opportunities to the smart outlet market by ensuring increased product sales in the coming years. The availability of high disposable income along with improved lifestyle due to urbanization trends are further projected to accelerate the smart outlet market demand during the forecast period.

The low cost of smart outlets compared to some other built-in smart appliances could serve as a key driver of smart outlets market growth in years to come. In addition, there is a strong need for energy-efficient and innovative advances, due to shifting preferences toward energy sustainability, subsequently accelerating the smart outlet market trends in the upcoming period. Furthermore, the increased investments coming from well-known players complemented by the consistent innovations to enhance the product attributes will collectively support the expansion of the smart outlet market size.

Geographically, the North American region is presumed to hold a significant proportion of the smart outlet market share, provided by the huge acceptance of advanced home automation technologies, thereby accelerating the regional growth in the coming years. Moreover, the Asia-Pacific smart outlet market is also expected to grow exponentially over the next decade, due to increased contributions from major developing countries such as China and India securing the business growth in the near future.

The global Smart Outlet Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

Get sample report @ https://www.reporthive.com/request_sample/2287728

Key Players:

·       Wemo Insight

·       GE

·       ABB

·       samsung

·       Quirky Outlink

·       Nyrius

·       Heath-Zenith

·       Belkin

·       Securifi Peanut

·       Apple HomeKit

·       Shenzhen Orvibo Electronics

·       Amcrest

·       IRIS

Market Segmentations Covered in the Report:

·       Off-the-Shelf Smart Outlets

·       Connect Sense Smart Outlet

·       Others

Market by Application

·       Household Appliances

·       Mobile Phone

·       Others

Regions covered:

·       Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

·       Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

·       North America [United States, Canada, Mexico]

·       Middle East & Africa [GCC, North Africa, South Africa]

·       South America [Brazil, Argentina, Columbia, Chile, Peru]

 

 

Author Name : Report Hive Research

Increasing health consciousness among all age groups to propel the biohacking market over 2020-2024

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Report Hive Research adds a new study titled “Biohacking Market Report” to its research database. Delivering in-depth insights, the report discusses recent trends, market drivers, market size, market share, market outlook, applications, restraints, opportunities, and growth prospects of the global Biohacking Market forecasted from 2020 to 2024. Besides, it also includes vital information related to future strategies, acquisitions and mergers, market footprint, financial positions, supply chain trends, innovations, and key developments.

Market Overview:

Experimentation in the field of biology involves the use of drugs, gene editing, and implants, all of them meant to improve the quality of life among the sufferers. These kinds of tasks require scientific research and so are often carried out in a high-tech establishment or traditional medical laboratories. The terms "Biohacking" all about managing one's biology with the combination of nutrition, electronics, and medical technology, to ease off the sufferings. The growing prevalence of chronic diseases and increasing awareness about the role of technology in health management will drive the biohacking market growth in the upcoming years.

Biohacking has made an absolute difference in the field of synthetic biology by allowing us to innovate and develop new products that combine technology and aspects of synthetic biology. For this, several laboratory experiments are conducted by scientists and researchers to explore new avenues in biotechnology, genetic engineering, and molecular biology, in order to aid a quality life. Biohackers usually rely on technology to explore the systems of the human body. for instance, stress levels are controlled by monitoring heart rate with the help of microchips.

Biohackers have developed and are developing various products for exploring the hidden attributes of the human body, with a primary goal of improving the quality of life for all. Notable products include smart drugs, microchips, magnetic fingertips, brain sensors, RFID implants, body sensors, smart blood pressure monitor health trackers, and many more in the form of implants or wearable gadgets.

Wearable analytical technology devices are already available in the markets often, mostly called as the heath trackers- worn on the wrist. These analytical biohacking devices help to track heart rate, step count, blood sugar, body movements, calories burned, and also offer several other health indications based upon the calculations. Increasing adoption of these smart wearables is expected to boost the biohacking market outlook over the forecast period.

The global Biohacking Market is projected to continue a healthy growth trajectory, growing at an estimated CAGR of X.X% in terms of value during forecast period. For more details, please order a sample report or simply get in touch with one of our sales executives.

Get sample report @ https://www.reporthive.com/request_sample/2205927

Key Players:


Fitbit, Inc.

·       Apple

·       Synbiota

·       THE ODIN

·       HVMN, Inc.

·       Thync Global Inc

·       Moodmetric

Market Segmentations Covered in the Report:

Product Type Segmentation

·       Smart drugs

·       Sensors

·       Strains

Industry Segmentation

·       Pharmaceutical & biotechnology companies

·       Forensic laboratories

Regions covered:

·       North America Country (United States, Canada)

·       South America

·       Asia Country (China, Japan, India, Korea)

·       Europe Country (Germany, UK, France, Italy)

·       Other Country (Middle East, Africa, GCC)

Author Name : Report Hive Research

Electric Vehicle Charger (EVC) Market to gain immense traction from the proliferating Electric Vehicle Industry

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Electric Vehicle Charger (EVC) Market Growth is primarily driven by factors such as government regulations on increasing environmental pollution, rising penetration of electric vehicles, and a surge in government efforts to develop electric vehicle charging infrastructure. However, the limited number of EV charging stations and the lack of standardization in the EV charging infrastructure are expected to hinder the expansion of Electric Vehicle Charger (EVC) Market size. But the introduction of new technologies such as wireless charging for luxury and feature-equipped electric vehicles should create business opportunities in the long run.

Electric vehicle charging infrastructure is a crucial element for mass deployment of electric vehicles. Several government efforts are underway to provide EV charging stations around the world. For example, the Indian Association of Automotive Research (ARAI) plans to deploy more than 200 EV charging stations nationwide. In addition, Tata Power (India) supports the Government of India's “State Electric Vehicle Mission”. Tata Power has installed its first electric vehicle charging station in Mumbai (India) for India's growing EV ecosystem, providing customers with access to battery charging on the go. Several such initiatives from both the public and private sectors to boost the adoption of EVs will positively impact the Electric Vehicle Charger (EVC) Market Outlook over the next decade. 


However, the lack of standardization in integrating charging port among EV manufacturers has hindered the Electric Vehicle Charger (EVC) demand among end-users. This is because the end-users are easily vulnerable to confusion as to whether such an EV charger available in the market is suitable for their car or not. Also, the charging network needs to be undisturbed and upgradable. EVs will require more flexible charging solutions as new technologies such as "fast charging" are finding a way toward the market. 

 

The lack of standardized plugs further complicates the charging infrastructure due to variations in the charging technologies incorporated by different EV manufacturers across the globe. For instance, the US EV giant Tesla led by a decorated CEO like Elon Musk is consistently expanding its network of charging stations, but these are designed specifically for Tesla vehicles only. The automotive industry has standardized 120 volt and 240-volt plugs. These are mainly used at home but the players are yet to set a standard for integrating plugs or ports that can quickly charge the vehicle batteries within 30 minutes.


                     

 

Moreover, while luxury cars are more expensive than traditional cars, luxury cars are a mandatory status symbol for wealthy individuals. In 2016, the number of luxury cars sold was about 28,500. Compared to 2015, luxury car sales in 2016 increased by approximately 15.9%, as per a reputed source. In addition, improving living standards and increasing disposable income for the population coupled with a shift toward smoother driving experience provided by the EVs is anticipated to stimulate the Electric Vehicle Charger (EVC) Market trends in the coming years. Tesla Motors is one of the leading manufacturers of luxury electric vehicles for end-users.


Author Name : Report Hive Research