Global Product Information Management (PIM) Market size- Industry Trends & Forecast Report 2027.

The global product information management (PIM) market worth USD 8.5 billion in 2020, and is further projected to reach USD 17.9 billion by 2027, growing at a CAGR of 11.2% during 2021-2027 (forecast period). The Product Information Management (PIM) market is likely to grow in the forecast timeframe due to the rising demand for PIM solutions from the flourishing e-commerce industry and the increasing need to offering enhanced customer services. Furthermore, rising digitalization, along with the growing demand for centralized data management tools across industries are the key factors driving the growth of the market.

Source: BlueWeave Consulting

GlobalProduct Information Management (PIM)Market Overview:

Product Information Management (PIM) is defined as a collection of systems that are particularly used for managing and centralizing product information. It is usually used by e-commerce organizations to maintain product catalogs with consistent and accurate information. This product information management system can be combined with catalog management along with the business process management and data quality to identify and sort problematic data and forward it to the desired distribution channels. It is also used in finds extensive applications across various industries, including banking, financial services, and insurance (BFSI), retail, manufacturing, healthcare, and IT & telecom.

 

 

Product Information Management (PIM) Market Forecast and Trends

 

Growth Drivers 

 

Rising demand for PIM solution from flourishing eCommerce industry 

The e-commerce industry has been booming at a tremendous pace across the globe, owing to the rising consumer demand for products, rising Internet access, and the rising penetration of smartphones. Online sales have also been raised to almost 18% every year. In countries such as Mexico, India, the Philippines, and China, the e-commerce industry is growing at a rate...

Global Infrared Imaging Market Size – Industry Trends & Forecast Report 2027

The global infrared imaging market is estimated to have reached USD 5.3 billion in 2020 and is further projected to reach USD 8.4 billion by 2027, growing at a CAGR of 6.8% during 2021-2027 (forecast period). The infrared imaging market has been witnessing significant growth over the past years, owing to the high adoption of infrared imaging solutions in the nonindustrial vertical, especially for security and surveillance applications. The increasing demand for infrared imaging cameras from APAC and the rise in the penetration of SWIR cameras are also expected to considerably boost the infrared imaging market in the coming years. The primary key factors driving the market include growing demand from the industrial and automation industry, requirement of high contrast images, cross-industry collaboration.

Source: BlueWeave Consulting

Global Infrared Imaging Market Overview:

Infrared Imaging is opted for producing images that are invisible through the naked eye. The device operates at an electromagnetic spectrum of 9,000-14,000 nanometers. Infrared imaging caters to its application in diverse end-user industries such as transportation, manufacturing, information technology among others. Currently, the private and security segment is the dominating segment for the global infrared imaging market and is anticipated to be dominant in the forecast period. This is followed by industrial, healthcare, defense, and law enforcement. Wide Area Surveillance System refers to an intelligence-based automated solution that offers wide-area surveillance capability to predict, detect, track, identify, classify, respond, and resolve incursions. This solution enhanced situational awareness for force protection, critical assets and infrastructure, and special event security.

 

Global Infrared Imaging Market Forecast and Trends

 

Growth Drivers 

 

High adoption of infrared imaging products in security & surveillance application

Infrared cameras find widespread adoption in the security & surveillance application due to their ability...

Global High-Performance Computing (HPC) Market Size – Industry Trends & Forecast Report 2027

The global high-performance computing market is estimated to have reached USD 37.1 billion in 2020 and is further projected to reach USD 54.4 billion by 2027, growing at a CAGR of 5.6% during 2021-2027 (forecast period). The growing need for high-efficiency computing, continued diversification, and expansion of the IT industry, advances in virtualization, and rising preference for hybrid High-Performance Computing (HPC) solutions are some of the factors expected to fuel the growth of the market. The ability of HPC systems to process large volumes of data at higher speeds is prompting government agencies, defense agencies, academic institutions, energy companies, and utilities to adopt HPC systems, which also bodes well for the growth of the HPC market.

Source: BlueWeave Consulting

Global High Performance Computing (HPC) Market Overview:

The data around enterprises is bulging up and therefore requires a high number of mathematical calculations and computational capabilities to resolve business issues. High-performance computing was earlier used for training and simulation, a navigation system, and mostly in defense and aerospace. This industrial vertical required hpc capabilities, resulting in high-performance computing. This scenario is changed in recent times as there is huge demand from the industrial, and government. These sectors are using the data to churn out specific insights helpful for their organizations to carry out. The technology is emerging prominently in government for national defense and security requirements. HPC is proving beneficial for the development of advanced vehicles, weapons, high-resolution image processing, satellite mapping, and cryptographic analysis. 

 

Global High-Performance Computing (HPC) Market Forecast and Trends

 

Growth Drivers 

 

Emerging need for high-speed data processing with accuracy

The main factor driving the growth of the HPC market is the ability of HPC solutions to...

Global Influencer marketing platform Market size- Industry Trends & Forecast Report 2027. 

The global Influencer Marketing platform market is estimated to have reached USD 5.6 billion in 2020 and is further projected to reach USD 34.6 billion by 2027, growing at a CAGR of 29.3% during 2021-2027 (forecast period). The Influencer marketing platformmarket is likely to grow in the forecast timeframe due to the factors such as the customers’ shift toward video-based content across the OTT space along with an increase in the adoption of ad-blocking software are expected to drive the adoption of the influencer marketing platform market.

Source: BlueWeave Consulting
Global Influencer marketing platform Market Overview:
An Influencer Marketing Platform is characterized as a software solution that is particularly designed to assist brands with their influencer marketing campaigns. Influencer Marketing Platforms provide influencer discovery tools for brands and agencies, some also offer massive searchable databases of potential influencers, using clever algorithms. Though any platform that people use to share content can be used for influencer marketing, however, these four are among the largest. By reaching out to audiences through trusted influencers on Facebook, Twitter, YouTube, and Instagram, a business can rapidly generate brand awareness and increase sales.

Influencer marketing platform Market Forecast and Trends
Growth Drivers 
Customers’ shift toward video-based content across the OTT spaceThe rising use of smartphones and 3G and 4G networks and video consumption has grown tremendously in the last decade. Hence, organizations are designing marketing strategies for video-based content streaming across digital channels. Also, in past years the television viewership has rapidly decreased and shifted toward social media channels, such as Facebook, YouTube, and Instagram. YouTube is known as the second-most used search engine across the world. Moreover, as the television viewership reduced by 50% among the age group of 18–26 in 2017, video-based marketing increased from 63% in 2017 to 81% in 2018, according to Wyzowl‘s statistics. Hence, an influencer marketing technique that enables to target potential buyers is driving the market.
Rise of influencers on Social MediaThe growing number of influencers on social media is another driving factor for the market. Like on Instagram, scrolling through the feed and finding an influencer posting about anything — a handbag, a pair of shoes, a new moisturizer, or a nice meal at that restaurant down the block becomes normal. Influencers and sponsored posts are everywhere you look on social media, and most reports estimate...

Global Weather Modification Market Size – Industry Trends & Forecast Report 2027

The global weather modification market is estimated to have reached USD 152.3 million in 2020 and is further projected to post USD 290.5 million by 2027, growing at a CAGR of 9.6% during 2021-2027 (forecast period). The global weather modification market is expected to grow at a significant pace in the future. Several factors such as falling precipitation rate, increasing threat of water scarcity are likely to be the dynamic factors behind the growth of the market in the future. Further, growth in a number of weather modification projects opens up a wealth of opportunities for the weather modification market to expand significantly in the future. The growth can be attributed to a decline in rainfall rate across the globe due to global warming and pollution.

Source: BlueWeave Consulting

Global Weather Modification Market Overview:

Cloud seeding is a weather-modification process that involves dropping chemical agents into clouds to cause rain. Silver iodide, dry ice, and even common table salt are key chemical agents that are seeded into the upper part of clouds. 

This process stimulates the precipitation process and forms rain. It is a process to alter the weather conditions that comprises injecting clouds with chemical agents to modify the climate to our will. This is mainly done by diffusing substances that affect the microphysical processes within the cloud. These ‘substances’ are either serve as cloud condensation nuclei or ice nuclei that are generally used for increasing the precipitation, or fog and hail suppression.

 

Global Weather Modification Market Forecast and Trends

 

Growth Drivers 

 

Decline in rainfall rate across the globe 

A decline in rainfall rate across the globe due to global warming and pollution is increasing the risk of drought conditions globally....

Global Laser Therapy Market Size – Industry Trends & Forecast Report 2027

The global laser therapy market is estimated to have reached USD 1710.8 million in 2020 and is further projected to reach USD 2881 million by 2027, growing at a CAGR of 9.1% during 2021-2027 (forecast period). The growing prevalence of various diseases including cancer, dental disorders, cardiovascular disorders among others will positively impact the laser therapy industry growth during the forecast period. According to the American Academy of Dermatology (AAD), in the U.S., acne is the most common skin condition affecting up to 50 million individuals each year. Such dermatological diseases, needing effective and long-term treatment coupled with the increasing incidence of dermatological conditions will create significant demand for laser therapy during the estimation period. 

Source: BlueWeave Consulting

Global Laser Therapy Market Overview:

Laser therapy is a non-invasive medical procedure that uses the light of a specific wavelength to remove tumors or abnormal growth, treat hair conditions, remove kidney stones, and repair a detached retina, among others. Laser therapy is considered an advanced aspect of medical therapeutics. In medicine, the laser allows surgeons to work at a high precision level by focusing on a definite area. This process involves less damage to the target compared with the traditional methods of surgery. The process of laser therapy is however costly and may require repetitive visits to surgeons.

 

Global Laser Therapy Market Forecast and Trends

 

Growth Drivers 

 

Increasing consumer preference towards innovative laser-based technologies

Increasing consumer preference towards innovative laser-based technologies for aesthetics treatment will stimulate the global laser therapy devices' business growth in the coming years. High growth can be attributed to the rising demand for such devices due to better effectiveness, quick recovery to normal body functions, fast treatment duration, and high efficacy. Thus, a rising focus on body aesthetics...

Global High-Speed Camera Market Size – Industry Trends & Forecast Report 2026

The global high-speed camera market is estimated to have reached USD 450.2 Million in 2020 and is further projected to reach USD 876.6 Million by 2027, growing at a CAGR of 10.2% during the forecast period. Increasing applications of high-speed infrared cameras, especially for high-speed scanning of people to detect COVID-19, and the growing use of high-speed cameras in entertainment & media, and sports industries are the key factors driving the growth of the high-speed camera market. The high adoption of high-speed infrared cameras and the rising need to assess the health of people and assessing tests done in ballistics and explosives are factors propelling the growth of the high-speed camera market.

Source: BlueWeave Consulting

Global High-Speed Camera Market Overview:

The high-speed cameras are the updated version of ordinary digital cameras with high resolution, greater frame rate with the ability to capture motion or events at ultra-high speed. High-speed cameras can analyze and capture even invisible objects that are beyond the capacity of the human eye. The quality of a high-speed camera depends on several attributes such as frame rate, resolution, sensor size, memory size, image processors, fans, and cooling systems with other semiconductor components. A wide variety of High-speed cameras are available in the market with a broad range of frame rates typically from zero to billions per second and are equipped with high-resolution capabilities that vary from 1MP (megapixels) to billions of megapixels. 

 

Global High-speed Camera Market Forecast and Trends

 

Growth Drivers 

 

Intelligent Transportation Systems Initiative to Drive the Market

Intelligent Transport System (ITS) aims to achieve traffic efficiency by minimizing traffic problems that enhance safety and comfort. It enriches users with prior information about traffic, local convenience real-time running information,...

Global NFC Market Size – Industry Trends & Forecast Report 2026

The global NFC market is estimated to have reached USD 17.5 billion in 2020 and is further projected to reach USD 39.8 billion by 2026, growing at a CAGR of 12.4% during the forecast period. The increasing penetration of smartphones in the developing economy is a key driver for the growth of the market. The increasing adoption of mobile payment services has led to the intensive utilization of POS with the launch of e-wallet and Apple Watch. Banking entities, payment gateways, and payment processors are expected to expand the capabilities for accommodating the new enhanced technology. The emergence of mobile wallet services has allowed users to pay for services through mobile devices or through cashless payment modes, which have further enhanced NFC market growth.

Source: BlueWeave Consulting

Global NFC Market Overview:

Near field communication (NFC) is a wireless technology that offers an exchange of data between the NFC technologies enabled devices. NFC is a short-range communication technique and an efficient alternative to communication technologies such as Wi-Fi and Bluetooth. NFC transfers data by bringing the devices closer or by touching them together. NFC enables the users to seamlessly share data between devices, use their mobile phone as an e-ticket, or pay bills wirelessly. The important benefit of NFC over Bluetooth is a shorter set-up period. Also, NFC works on devices that are not driven by a battery such as smart credit cards. NFC technology has various advantages such as versatility, safety, and convenience. 

 

Global NFC Market Forecast and Trends

 

Growth Drivers 

 

Growing adoption of wearable technology

Smart wearables and IoT devices are becoming increasingly popular by adding more functions, despite severe space and power limitations. When equipped with NFC capabilities, a wearable device...

Global Blood Flow Meter Market Size – Industry Trends & Forecast Report 2026

 

The Global Blood Flow Meter Market has reached USD in 2019 and is further projected to reach USD by 2026, growing at a CAGR during the forecast period. The global blood flowmeter market is mainly determined by the rising number of target diseases such as peripheral artery illnesses, diabetes, etc. across the sphere. Other major driving factors are the growing geriatric population coupled along with increasing demand for non-invasive surgeries and technologically progressive devices. However, the high price of these devices and stringent controlling policies are the major limits that may limit the growth of the market. However, increasing clinical applications coupled along with emerging markets across the globe are likely to reveal the new roads for the blood flow measurement devices market in the near prospect.

Source: BlueWeave Consulting

Global Blood Flow Meter Market Overview:

 

Blood flow meter devices are typically used for the dimension of blood flow. This rate is calculated based on the quantity of blood passing through a cross-section of a blood vessel per unit of time. It is used to obtain vascular valuation data by the blood flow measurement devices which help physicians to preserve the evenness between demand and supply of tissue oxygen of patients.

Global Blood Flow Meter Market Forecast and Trends

 

Growth Drivers 

 

Rising Incidences of Peripheral Vascular Disorders 

The method of blood flow measurement and its associated parameters have been through developments involving several techniques with different principles. Rising incidences of peripheral vascular syndromes together with the increasing base of the elderly population are likely to trigger the growth of the global blood flow measurement devices market. Various clinical circumstances such as micro and macro diabetes complications, arterial occlusions, and various other outlying vascular conditions can be diagnosed by making use of many devices of blood flow measurement.

Global Online Exam Proctoring Market size- Industry Trends & Forecast Report 2027

The global online exam proctoring market is growing at a potential growth rate Year-over-Year (YoY) and is estimated to have reached USD 398.3 million in 2020. The market is further expected to touch USD 915.6 million by 2027, growing at a CAGR of 18.1% during 2020-2026 (forecast period). The online exam proctoring market is likely to grow in the forecast timeframe due to witness a rise in demand in the forecast period due to the ongoing COVID 19 pandemic. The offline study mode is significantly affected by the rising demand for online learning. Online proctoring is also defined as remote invigilation. Besides, E-learning would be the future of learning.

Global Online Exam Proctoring Market Overview:

The online exam Proctoring is defined as a way in which a candidate is monitored online during the test duration. This is done with the help of a webcam, mic, and access to the screen of the candidate. Proctored exams are timed exams that the person can take while proctoring software monitors on a computer's desktop, webcam video, and even audio. The whole data is recorded by the proctoring software has been transferred to a proctoring service for reviewing. The Proctored exams can or cannot be required for the course and enrollment track.

 

 

 

Online Exam Proctoring Market Forecast and Trends

 

Growth Drivers 

 

Ongoing COVID-19 Pandemic is driving the online exam proctoring

Online proctoring has surged during the pandemic. This is a great practice in which the candidate takes exams under the security of third-party programs. In a live proctored test, a proctor monitors the...