- April 2020 |
- Food and Beverage / Food Ingredients
Global Stevia Market by Extract Type (Powder, Liquid, Leaf), By Application (Bakery, Table top Sweetener, Dairy Product, Packaged Food, Beverages and Others), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-26
Global Stevia Market Forecast and Trends
The Global Stevia market was around 520 million in 2019 and projected to reach the valuation of about 867 million by the year 2026 by growing at a CAGR of 7.51% during the forecast period 2020-2026.
Growing demand for natural sweeteners, especially in beverages, is estimated to increase the demand for Stevia during the forecast period. Stevia's market penetration in the food industry due to its superior sweetening properties is anticipated to propel the market growth.
Stevia is gained from a medicinal and culinary herb and is famous for its superior medicinal and herbal properties. It is also known for its strength to control blood pressure and in weight control, and continuous research and advancements in the pharmaceutical industry will help in opening new avenues for manufacturers.
As the demand for cookies, chocolates, confectionery, and other baked goods grows, the food market will remain a high potential sector for Stevia. It would continue to broaden the manufacturing business and increase its reach over the projected era. In the Asia Pacific and Latin America, it has strong market acceptability due to the growing availability of the food product in these regions and rising knowledge of its many benefits. Europe and North America are comparatively more significant markets, due to the increased demand for various food products.
- April 2020 |
- Automotive & Transportation / Automotive
Global Automotive Simulation Market by Deployment (On-premise, and Cloud), By Component (Software, and Services), By End-market (OEMs, Automotive Component Manufacturer, and Regulatory Bodies), By Application (Prototyping and Testing), By Region (North America, Europe, Asia-Pacific, Latin America, And Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Automotive Simulation Market Forecast and Trends
Global Automotive Simulations market forecast a CAGR of 11.23% from USD 1.6 billion in 2019 to reach USD 3.22 billion by 2026. The rising production of automobiles is expected to accelerate the growth of automotive simulation market. Moreover, initial design and evaluation of hybrid, and conventional drive systems including operating strategies and thermal management is expected to augment the growth automotive simulation market.
The major factors driving the market growth are increasing demand for environmental-friendly simulation program generators which tend to offer information at the macro level; developing simulators to control traffic, wildlife, pedestrians, and other vehicles; and enhancement in the analysis of the decision-making processes in the assembly plants.
Global Automotive Simulation Market: Overview
Automotive simulation may be described as the virtual recreation of real automotive vehicles in a virtual environment. It is a technology based on software that is used to imitate external factors and predicts how a vehicle will communicate with those factors. It is also used to teach the beginners how to learn the vehicles and driving fundamentals. This software is also utilized to detect defects in the vehicle component at the time of fitting spare parts into the vehicle. As automotive simulation software offers driver assistance, it helps the person to acquire driving knowledge efficiently, avoiding any threat to life and vehicle.
Rapid technological changes and increase in government regulation related to safety vehicles
The growing number of electronic content per vehicle and connected car and instruction by regulatory authorities for vehicle safety is expected to stimulate the market growth. Additionally, increasing technological advancement owing to dynamic government regulation for vehicle safety is impacting the market demand. The technological advancement such as autonomous vehicles, truck-platooning, and Vehicle-to-everything (V2X) are expected to build opportunities for the automotive simulation market. Continuous research and development activities coupled with increasing usage of cloud computing is contributing to support growth of the market.
- April 2020 |
- Information and Communication Technology (ICT) / Software
Global Indoor Location Market by Component (Technology, Software Tools, Services), By Deployment Mode (Cloud, On-Premise), By Vertical (Retail, Transportation, Entertainment, Hospitality, Public Buildings, Others), By Application (Sales and Marketing Optimization, Customer Experience Management, Remote Monitoring, Inventory Management, Predictive Asset Analytics, Risk Management, Emergency Response Management, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, And Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Indoor Location Market Forecast and Trends
The Global Indoor Location Market has reached USD 14.2 Billion in 2019 and projected to reach USD 171 Billion by 2026 with a significant CAGR of 42.72% during the forcast period 2020-2026. The consistent support to governments for ensuring public safety, increased penetration of smartphones, and insufficiency of GPS technology in indoor locations, etc. are some of the major factors that contributes the growth of indoor location market.
Moreover, trend of digitalization, innovative mobile applications, mobile commerce, and advancements in technology are driving the growth of the indoor location market. Logistics & transportation, manufacturing, and smart building are some of the significant sector projected to experience this growth.
Global Indoor Location Market: Overview
An indoor location is a system used to locate people or objects inside a building with the help of radio waves, acoustic signals, magnetic fields, and other sensory information which are collected through mobile devices. Indoor location is a tracking of any object which is present in indoor and also known as indoor localization. Indoor positioning system advanced technology is used for tracing objects which can locate objects or humans situated in a company with the help of radio waves or acoustic signals collected by handheld devices including mobile phones, and other devices.
Increasing scope of application for indoor location drives the market growth
Despite of rising instances of the large scale indoor location system majority of the enterprises up till now have been testing these systems on a smaller scale, subsequently capturing the successes and then analyzing and designing the business case for large-scale deployments. The indoor location market is anticipated to witness rollout for the large scale deployment of these indoor location services among several industry verticals. Sophistication of the connectivity and sensing technology in devices, introduction...
- April 2020 |
- Consumer Goods / Personal Care
Global Organic Personal Care Ingredients Market by Type (Organic Ingredients, Natural Ingredients), By Product (Natural surfactants, Emollients, Active ingredients, Sugar polymers, Natural Preservatives, and Others), By Application (Skin Care, Oral Care, Hair Care, Cosmetics, and Others), By Distribution Channel( Retail Sale, Online Sale), By Region (North America, Europe, Asia-Pacific, Latin America, And Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Organic Personal Care Ingredients Market Forecast and Trends
The Global Organic Personal Care Ingredients Market witnessed market size of USD 8.12 Billion in 2019 and anticipated to reach USD 11.7 Billion by 2026 with a significant CAGR of 5.35% during the forcast period 2020-2026. Growing R&D investments, and cost-effective manufacturing technologies, technological innovations in ingredient processing, improving economic conditions in emerging nations and government support are the factors anticipated to drive the growth of the organic personal care and ingredients market.
The rising demand for enhanced functionality and multiple advantages from a single product is a key factor driving the demand for multifunctional ingredients in personal care products. Rising disposable income increases the spending capacity of customers and contributes to the sale of cosmetic products. Personal care ingredients are used in personal care products that include hair shampoos, skin creams, skin oils, make-up products, toothpaste, hair oils, hair conditioners, and others. The demand for personal care ingredients is accredited to growing demand for ingredients such as anti-aging agents, ultraviolet (UV) agents, moisturizers, exfoliators, antioxidants, and antimicrobials.
Global Organic Personal Care Ingredients Market: Overview
Personal care ingredients can be defined as the group of chemicals and natural extracts used in skincare, hair care, and oral care products. Organic personal care products are manufactured by using several organic ingredients, such as vegetables, fruits, and herbs, which are naturally available. Organic personal care is a process that offers care to various parts of body including haircare, skincare, oral care and also different cosmetics. The organic ingredients, that are used to manufacture organic personal care products are usually free from...
- April 2020 |
- Information and Communication Technology (ICT) / IT Services
Global Insurance Fraud Detection Market by Components (Solutions, and Services), By Solutions (Fraud Analytics, Authentications, Governance Risk & Compliance, Others), By Services (Professional Services (Consulting Services, Maintenance Services), and Managed Services), By Application Area (Claims Fraud, Identity Theft, Payment & Billing Fraud, Money Laundering), By Deployment Mode (Cloud, On-Premises), by Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), by Region (North America, Europe, Asia-Pacific, Latin America, And Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Insurance Fraud Detection Market Forecast and Trends
Global Insurance Fraud Detections market forecasts a CAGR of 21.66% from USD 3.7 billion in 2019 to reach USD 12 billion by 2026. The major factors contributing to the growth of the market are the need to manage huge volumes of identities by organizations productively, increasing operational efficiency & improving the customer experience, growing adoption of advanced analytics techniques, and stringent regulatory compliances.
The emergence of advanced solutions such as the use of automated business rules, self-learning models, text mining, image screening, network analysis, predictive analytics, and device identification is estimated to deliver actionable insights to advance claims processes. As a result, insurance organizations are adopting fraud detection solutions that not only recognize the genuine claims process but also decrease the number of false positives. Various factors, such as a rise in the sophistication level of cyber-attacks and enormous monetary losses due to these attacks in the insurance sector, are anticipated to drive the market. An increase in the generation of enterprise data and its intricacy, high industry-specific requirements, and an increase in the incidence of fraud further supplement the fraud detection market growth.
Global Insurance Fraud Detection Market: Overview
The fraud detection system is a programming application that is used to provide analytical solutions against fraud incidence and assists in identifying future occurrences. Insurance fraud detection is done to detect and prevent insurance frauds. Insurance fraud happens when an insurance company, agent, adjuster, or consumer commits fraud to get an illegitimate gain. Frauds can also occur during the process of buying, selling, or underwriting insurance. Insurance fraud can be classified under different kinds of frauds, for example, from fraud against consumers to fraud against insurance companies. Insurance fraud has...
- April 2020 |
- Information and Communication Technology (ICT) / Next Generation Technologies
Global Robotic Vacuum Cleaners Market by Type (Floor vacuum cleaner, window vacuum cleaner and pool vacuum cleaner), By Distribution Channel (Online, Offline), By Application (Household, Commercial and Industrial), By Region (North America, Europe, Asia-Pacific, Latin America, And Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Robotic Vacuum Cleaners market forecast a CAGR of 11.35% from USD 4.6 billion in 2019 to reach USD 10.1 billion by 2026. The improvements incorporated across the robotics industry has resulted in more applications across industries such as manufacturing, automotive, healthcare, etc., helping in the enlargement of the global robotic vacuum cleaners market size.
The factor of cost-effectiveness in terms of human resources has resulted in increased adoption of robotic vacuum cleaners. Additionally, industrial robotic vacuum cleaners help in cleaning equipment and accessories in metalwork, printing, food & beverage and pharmaceutical industries. Increasing demand for robotic vacuum cleaners can be attributed to increasing focus on the hospitality and tourism sectors, especially in developing countries, coupled with rising cleanliness and hygiene in the residential sector due to lower availability of household chores as a result of more busy lifestyles.
It is anticipated that the increasing awareness of advantages such as ease, time-efficiency, and benefits derived from vacuum cleaners would boost demand for vacuum cleaners over the forecast period. In addition, the availability of some modern variants, which have the ability to grab the smallest impurities efficiently, is instrumental in driving its adoption.
Global Robotic Vacuum Cleaners Market: Overview
Robotic Vacuum Cleaner is an automatic cleaning machine with intelligent software programming, a smart navigation system, adjustable suction power, and scheduling mechanism. The efficient and easy cleaning of large spaces can be done with the help of robotic vacuum cleaners without any human intervention. These vacuum cleaners can be connected to Wi-Fi and have voice recognition as well. Consequently they can be remotely controlled from any part of the house and require minimal human intervention. The vacuum cleaner works on sensor principle which helps to calculate the size of the room as well as avoid obstacles.
Improving lifestyle and tech-savvy population contributes to the...
- April 2020 |
- Chemicals And Materials / Chemicals
Global Castor Oil and Derivatives Market by Product (Sebacic Acid, 12-HSA, Ricinoleic Acid, Hydrogenated castor Oil, Undecylenic acid, Dehydrated Castor Oil, and Others), By Application (Lubricants, Surface Coatings, Biodiesel, Cosmetics & Pharmaceuticals, Plastics & Resins, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, And Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Castor Oil and Derivatives Market Forecast and Trends
The Global Castor Oil and Derivatives Market has reached USD 752.5 Million in 2019 and projected to reach USD 1195.17 Million by 2026 with a significant CAGR of 6.83% during the forcast period 2020-2026. Owing to the factors such as increasing demand from the various industries such as cosmetics, pharmaceuticals, and lubricants, along with the growing demand for the products that are sustainable and biodegradable is expected to trigger the market growth.
Rising global consumption of castor oil and derivatives by various industries for the purpose of manufacturing bio based plastics, coatings, lubricants, hair care, skincare, and medicinal products is anticipated to drive the market growth during the forecast period. Increasing consumption of castor oil and derivatives in biodiesel feedstock is the one of the key factor for the growth of market. In addition, due to its ability to treat skin disorders, headaches, inflammatory problems, and the utilization of the product in traditional medicines sector boosting growth trend and positively impact the growth of the global castor oil and derivatives market over the forecast period.
Global Castor Oil and Derivatives Market: Overview
Castor oil is a kind of vegetable oil which is extracted from castor plant. The key contents of this oil are oleic acid, and ricinoleic acid. Castor oil and its derivatives are mainly utilized in production of paints, coatings, soaps, dyes, inks, etc. due to its distinctive chemical structure and enriching properties.
- April 2020 |
- Information and Communication Technology (ICT) / Mobile & Telecommunication
Global Virtual Mobile Infrastructure Market by Component (Platform, Services (Professional Services and Managed Services)), By Deployment Type (Cloud-based, On-Premise), By Vertical (Healthcare, Manufacturing, IT & Telecom, Government, BFSI, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, And Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Virtual Mobile Infrastructure Market Forecast and Trends
Global Virtual Mobile Infrastructure Market is expected to grow at a CAGR of 9.5% to reach USD 214.4 million by 2026 from USD 113.7 Million in 2019. The growth of the worldwide VMI industry is driven primarily by increased mobile use, rising employee efficiency, and decreased use of VMI hardware coupled with run costs.
The growing demand for mobile applications that need to be protected, monitored, and as and as to price efficiency in developing mobile applications between SMEs and big business drives demand for virtual mobile devices. Additionally, benefits such as data loss prevention, lower app development costs, lower operating expenses, compliance and encryption among others related to virtual mobile infrastructure are expected to contribute to market growth.
By deploying high density virtual mobile infrastructure, the virtual mobile infrastructure helps to reduce the hardware and operating costs. Several organizations prioritize creating single application that supports all forms of mobile devices. Digital mobile infrastructure helps businesses that are likely to complement the market to benefit from this. With the growing presence of SMEs worldwide, especially in emerging economies, prominent opportunities for virtual mobile infrastructure are expected to be provided during the forecast period.
Global Virtual Mobile Infrastructure Market: Overview
Virtual mobile infrastructure is defined as the technology which is responsible for the operation of mobile applications on their remote server operating systems. This technology is generally available via the cloud or internet, and is made available through a hosting system for the data center. VMI is a mobile software that operates mobile apps on a mobile OS located in an information center or cloud on a remote computer. VMI offers the key benefits of zero information footprints on endpoints, enhanced information security, information loss or leakage avoidance triggered by physical harm to endpoints, and multiple mobile OS operation at a single point.
Increasing smartphone penetration drives the...
- April 2020 |
- Food and Beverage / Beverage
India Chocolate Market by Type (Dark Chocolate, Milk Chocolate, and White Chocolate), By Distribution Channel (Retail Sales, Institutional Sales), By Category (Chocolate Pouches & Bags, Boxed Chocolates, Countlines, Tablets, and Others), By Region (Northern India, Southern India, Eastern India, Western India); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
India Chocolate Market Forecast and Trends
The India Chocolate market estimated size was USD 1.76 Billion in 2019 and projected to reach USD 5.09 Billion by 2026 with a significant CAGR of 16.48% during the forecast period 2020-2026. Rising disposable income of the middle-class population, changes in taste preferences of Indian consumers & promotional strategies by manufacturers are expected to boost sales of chocolates in India during the forecast period.
Some of the other factors that would propel the market are growing online sales of chocolates, increasing demand for premium chocolates, and the growing popularity of organic and sugar-free chocolates. India’s strong economic growth over the past decade has catalyzed the country’s per capita disposable incomes leading to the strong growth of the chocolate industry. In addition increasing awareness about the health benefits of chocolate, and innovative marketing contribute with significant rate in Indian chocolate market.
India Chocolate Market: Overview
Chocolate is usually a sweet, brown foodstuff preparation of roasted and ground cacao seeds that are prepared in the form of a paste, liquid, or a block, or used as a flavoring ingredient in foods. Chocolate is one of the most admired food types and flavors in India, and many foodstuffs involving chocolate exist, particularly desserts, including cakes, chocolate brownies, pudding, mousse, and chocolate chip cookies. Many candies are coated or filled with sweetened chocolate. Chocolate bars that are either made of solid chocolate or other ingredients coated in chocolate are eaten as snacks.
Growing consumption of cocoa powder
Cocoa powders have been used for their role as coloring and flavoring agents, specifically in the beverages and baking industries. The intense application of...
- April 2020 |
- Information and Communication Technology (ICT) / Digitalization & Internet Of Things (IOT)
India Digital Transformation Market by Enterprize Size (Small, Medium, and Large), By Vertical (Banking, Financial Services and Insurance (BFSI), retail manufacturing, transportation and logistics, telecom & IT, and Others), By Offering (Solution (Cloud, Artificial Intelligence (AI), Internet of things (IoT), Mobility, Big Data, Social Media, Others) and Services (Training and Support, Professional Services), By Region (Northern India, Southern India, Eastern India, Western India); Trend Analysis, Competitive Market Share & Forecast, 2016-26
India Digital Transformation Market Forecast and Trends
The India Digital Transformation Market has reached USD 42.56 Billion in 2019 and projected to reach USD 1764 Billion by 2026 with a significant CAGR of 72.3% during the forecast period 2020-2026. The private and public sectors are both driving digital consumption growth. The government has enrolled more than 1.2 billion Indians in its biometric digital identity programme, Aadhaar, and fetched more than 10 million businesses onto a common digital platform through a goods and services tax.
India is one of the fastest-growing markets for digital consumers. Indian mobile data users, on average, consume 8.3 gigabits (GB) of data each month compared with 5.5 GB for mobile users in China and somewhere in the range of 8.0 to 8.5 GB in South Korea, an advanced digital economy. Based on recent trends, is estimated that the number of internet users in India will increase by about 40% and double the number of smartphones to between 650 million and 700 million by 2023. Indians save, spend, communicate, earn their livings, and communicate with their families.
India Digital Transformation Market: Overview
India is setting-up itself as a major existence in the digital economy. By any number of key metrics, from internet connections to application downloads, both the growth and volume of its digital economy now surpass those of most other countries. The government and the private sector are moving quickly to spread high-speed connectivity across the country and offer the hardware and services to put Indian consumers and businesses online.
Digital Transformation Propelled By The Actions Of Both Public And Private Sector