Market Research Blog

The SQL Server Transformation Market is projected to reach US$ 15.5 Bn in 2022 to US$ 30.4 Bn by the end of 2029 and will witness a robust CAGR of more than 10.1% during 2022 – 2029.

SQL server transformation-based relational database management systems (RDBMS) add a layer of security to a database while providing convenience for the database users. The combination of high capacity and economically feasible storage solutions made available to a user by integrating SQL server transformation solutions would remain a strong factor in opening new avenues for the database management systems and service providers on a global scale.

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Key Takeaways – SQL Server Transformation Market Study

• IT and services is the key vertical contributing to the adoption of SQL server transformation solutions and services, and the segment is estimated to generate the highest incremental opportunity among all other verticals in the global marketplace owing to the high adoption rate.
• Among all the use cases, adoption of SQL server transformation solutions for the purpose of enterprise data warehousing is estimated to dominate the global market throughout the forecast period.
• The SQL server transformation market in the Asia Pacific excluding Japan region is estimated to offer the highest incremental opportunity among all the regional markets during the forecast period, owing to the high adoption rate showcased by the technologically evolving retail industry.
• The SQL server transformation market in Western Europe is estimated to record the second highest incremental opportunity.

Emergence of New SQL Databases to Boost Growth of Global SQL Server Transformation Market

New SQL, a new class of databases, addresses some of the conventional shortcomings of SQL server transformation-based relational databases and relational database management systems including dynamic schema support, operational distribution, and horizontal scalability. This technology is especially well-suited for SQL server transformation applications that require fast response times (1-2 milliseconds, on an average), very high ingest rates, and transactional accuracy.

Some of these SQL server transformation applications are real-time fraud detection, real-time authorization, or customer billing. New SQL solutions are best suited for enterprises working with huge volumes of structured data. Large enterprises operating in the retail and e-Commerce vertical are estimated to contribute the most to the adoption rate of New SQL databases, thus contributing to growth of the global SQL server transformation market.

Competitive Landscape

SQL server transformation providers are investing in the expansion of their service offerings to cater to the changing trends of large enterprises and SMEs. SQL server transformation vendors are also expected to focus on the rising popularity of New SQL databases and develop new solutions specific to it.

Some key players are :

• Oracle
• Microsoft
• SAP SE
• IBM
• Alphabet
• Amazon Web Services Inc.
• Teradata

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Key Segments of SQL Server Transformation Industry Survey

SQL Server Transformation Market by Enterprise Size:

• SQL Server Transformation for Large Enterprises
• SQL Server Transformation for Small Enterprises

SQL Server Transformation Market by Function:

• Data Integration Scripts
• Analytical Queries
• Information Retrieval
• Other Applications

SQL Server Transformation Market by Use Case:

• SQL Server Transformation for Business Operations
• SQL Server Transformation for Enterprise Data Warehousing

SQL Server Transformation Market by Vertical:

• SQL Server Transformation for IT and Services
• SQL Server Transformation for Healthcare
• SQL Server Transformation for Financial Services
• SQL Server Transformation for Professional Services
• SQL Server Transformation for Education
• SQL Server Transformation for Retail
• SQL Server Transformation for Construction

SQL Server Transformation Market by Region:

• North America SQL Server Transformation Market
• Latin America SQL Server Transformation Market
• Europe SQL Server Transformation Market
• East Asia SQL Server Transformation Market
• South Asia & Pacific SQL Server Transformation Market
• Middle East & Africa (MEA) SQL Server Transformation Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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The Hard Disk Drive Market is reaching a valuation of US$ 38,489.9 Mn in 2022 to US$ 80,873.0 Mn by 2029 and is expected to exhibit an 11.2% CAGR over the forecast period, 2022-2029. With multiplying data volumes encouraging enterprises to procure upgraded data storage technologies, the hard disk drive market is set for steady growth during the next decade.

HDD manufacturers launch upgraded hard disk drive storage capacity formats at intervals of every two to three years. This would be a continuing trend in the global hard disk drive market over the forecast period (2022 – 2029), suggests a new Future Market Insights (FMI) report.

As data storage capacities of hard disk drives continue to increase, leading manufacturers such as Toshiba are frequently rolling out hard disk drive storage technology upgrades. Consequently, magnetic storage remains highly preferred option for long-term high-capacity data backup and archiving, which would further push hard disk drive sales.

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Key Takeaways – Hard Disk Drive Market Study

• Network-attached Storage (NAS) hard disk drives that currently hold a market share of over 2/5^th, would remain top selling in the global market for HDD. With the highest estimated incremental opportunity to be attained through 2029, NAS HDDs will continue to see double-digit growth over the period of projection.
• Sales of hard disk drives with storage capacities of up to 1 TB and above will collectively account for three-fourth of total HDD sales. Low storage capacity, though relatively less preferred, continues to witness sustained traction.
• USB port hard disk drives that currently make up for over a third of total sales will see steady adoption in the near future. Whereas, plug-in power sources of HDDs are set to gain popularity.
• Geographic expansion and collaborations with other hard disk drive providers would be the preferred developmental strategies of key players in HDD market.

Offline Functionality of HDD Storage Technology Remains USP

Owing to persistent ransomware attacks on networks of various organizations, customers have started procuring efficient magnetic storage technologies. Presence of an air gap acts as a security measure that isolates hard disk drives and prevents them from establishing external network connections.

This prevents the information stored on these tapes from falling prey to cyber-attacks, as they are not connected to the enterprise network, at least when switched off. Hard disk drive storage technology also trumps cloud infrastructure in this condition. Offline functionality of hard disk drive storage technology will thus bolster growth of the global hard disk drive market during the forecast period.

Insufficient Storage Capacities Continue to Limit Market Growth

Manufacturers in the hard disk drive market are focusing on enhancing data storage capacities to efficiently cater to massive digital data volumes. The relatively low availability of digital storage capacities will however continue to create a sizeable digital gap throughout the forecast period. The insatiable demand for enhanced data storage capacities in hard disk drives would thus restrict the market growth to a large extent in the near future.

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Know More About FMI’s Hard Disk Drive Market Study

Future Market Insights offers an unbiased analysis of the global hard disk drive market, providing historical data for 2014-2021 and forecast statistics from 2022-2029. To understand opportunities in the hard disk drive market, the market is segmented on the basis of drive type, storage capacity, drive interface, and power source, across seven major regions.

Hard Disk Drive Market Outlook by Category

By Drive Type :

• Portable HDDs
• Desktop HDDs
• Network-attached Storage HDDs

By Storage Capacity :

• Less than 250GB
• 250GB – 1TB
• Above 1TB

By Drive Interface :

• USB 3.0
• USB 2.0
• USB 3.1 Gen1
• USB 3.1 Gen2
• Ethernet
• Others

By Power Source :

• Small Facility
• AC Adapter
• USB Port
• eSATA Bus
• Plug-in

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Region :

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan
• Japan
• Middle East and Africa

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With changing lifestyles of individuals due to healthy growth in income levels drives the consumer expenditure in leisure activities. Watercraft is one of the major activity of fun for the general population across the globe. To ensure maximum leisure as well as safety of personnel, there are few accessories which play a crucial role during water crafting activities. Watercraft accessories are equipment, parts or systems which can be used during the watercraft fun to make it more enjoyable, safe and attractive. Watercraft accessories include battery chargers, water sports, bilge pumps, go pro, dock lines & fenders, flush kits, lifting slings, fuel jugs & accessories, locks & cables, quick drain kits, race buoys and much more.

The size of the world market for watercraft accessories was US$ 6551.0 million in 2021, and it is anticipated to reach US$ 6,901.1 million in 2022. The overall demand for watercraft accessories is also anticipated to rise at a strong CAGR of 6.0% between 2022 and 2032, reaching a valuation of US$ 12,382.9 Mn by 2032 due to the growing use of watercraft across varied sectors.

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Recently watercraft has become one of the major activities for fun and pleasure for the outing with friends or with family. Campaigning, racing, sailing, fishing as well as water sports games are some of the water crafting activities. Water craft also includes boats and vessel such as runabouts, pontoon boats, cabin cruisers, fishing boats, towboats, sailboats, personal watercraft, stern drive powerboats, jet boats etc.

Watercraft Accessories Market: Market Dynamics

The subsequent increase in tourism and rising disposable income has been a major driver of the watercraft accessories market. Other than this rising promotional tourist sports activities and rising waterborne tourism also contribute towards the growth of watercraft accessories market. Also rising population and improving economy may also contribute towards the healthy growth. As watercraft comes in amusement and luxury segment, an increase in the number of water parks will also impact the market of the water craft market in a positive way. Also, higher consumer confidence, high-tech features, and advanced technology are some of the major driving factors of this market. The market is also anticipated to be significantly benefitted by government norms and individual awareness regarding

However, high prices of these products and adoption of low-cost counterfeit products act as a restraint. Also, as these products come under amusements and luxury items, i.e. market is prone to be affected during the downturn of the economy. Significant opportunities exist in the market for technological advancement of products so as to provide better performance and enhanced features.

Watercraft Accessories Market: Region-wise Outlook

North America holds a major share of the global watercraft accessories market, followed by Europe. Asia Pacific is expected to show significant growth in the forecast period due to increase in spending of general population owing to increase in disposable income in this region. Where Latin America also has a significant share in the watercraft accessories market owing to increase in the events and participation of general population related watercraft events. The rest of the world market is estimated to account for a relatively small share of the passenger boarding bridge market.

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Watercraft Accessories Market: Market Participants

Some of the examples of the market participants in the global watercraft accessories market, identified across the value chain are:

• Yamaha Motor Corporation
• WireCo
• Bombardier Recreational Products Inc.
• IRM Offshore and Marine Engineers Private Limited.
• Covercraft Industries, LLC
• BEXCO NV
• Kawasaki Motors Corp.
• AXIOM CORDAGES LIMITED
• Samson Rope Technologies
• TEUFELBERGER
• DAN-FENDER
• Garware Technical Fibres Ltd.
• EVOLUTION TRADING (SHANGHAI)CO.LTD
• SHEICO Group
• ABSOLUTE OUTDOOR, INC.
• Manson Anchors Limited
• Attwood Corporation
• Gottifredi Maffioli S.r.l.
• Gleistein GmbH
• Greenfield Products Inc..

In terms of product offerings, perennial research & development in product design to provide high operating efficiency and compact engine assemblies has been undertaken by the manufacturers. The marketing process is based on B-2-B model, which involves showcasing of new prototypes on market platforms such as Expo Fairs and via media & communications, which have been the marketing and promotion activities followed by the global Watercraft Accessories Market participants.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Key Segments Covered In Watercraft Accessories Market Analysis

By Type:

• Life Vest
• Tow Ropes
• Boat Dock Line & Storage
• Boat Fenders
• Boat Cover
• Others

By End Use:

• Military & Defence
• Amusement Parks
• Professional & Hobbyist
• Coastal Tourism & Shipping Company
• Offshore Vessel
• Cargo Logistics

By Sales Channel:

• Online
• Offline
  • Multi Brand Store
  • Speciality Store

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia and Pacific
• Middle East & Africa

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Electro-Pneumatic Train Brakes Market : is expected to be valued at US$ 9,050 Million in 2022, reaching US$ 14,600 Million by 2032, growing at a CAGR of 4.9% from 2022 to 2032.

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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The Document Imaging Market size is expected to grow from US$ 119.7 Bn in 2022 to US$ 267.7 Bn by 2029, likely to surge at a vigorous 12.2% CAGR during the assessment period 2022 – 2029.

The recent past has seen the rapidly growing interest of customers in multi-functional printers and mobile printing apps. Organizations seeking automation are mainly looking for automated supply and service fulfilment scanners.

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Key Takeaways – Document Imaging Market Study

• Utilization of integral automated workflow technology and centralization of documents offer well-timed transfer to stakeholders. The shift of users from manual to automated workflow is boosting demand for document imaging software.
• In terms of value, cloud-based deployment is identified as a preferred alternative.
• Companies are migrating from traditional server host to cloud host, fueling document imaging market growth.
• Software will create an incremental opportunity of over US$ 70 Bn.
• Sales of document imaging solutions are projected to be high in Western European and North American countries owing to strong presence of market leaders.

Cloud-Hosted Software with Infrastructure Management Service

Many companies are preferring cloud-hosted document imaging software to reduce their hardware maintenance costs and complexities. In addition, companies also choose vendors who offer features such as cloud hostage and maintenance services. Thus, they can grab the opportunity to increase their customers by providing such facilities and features through their document imaging software.

In November 2021, Xerox Corporation announced the launch of new ECi e-automate software. This new integration shortens many back-office tasks from days to hours.

Competitive Landscape

Many major document imaging system manufacturers tend to invest heavily in product innovation to discover increased applications of document imaging. Using printing technology, suppliers seek to expand their partner base to accelerate their business transformation and growth goals.

• Hewlett-Packard Company
• Epson
• Canon Co., Ltd.
• Fujitsu Co., Ltd.
• Toshiba Corporation
• Newgen Software Technology Limited
• Adobe Systems, Inc.

More Valuable Insights on Document Imaging Market

Future Market Insights, puts forward an unbiased analysis of the global market for global document imaging market, providing historical data for period 2014-2021 and forecast statistics for the period 2022-2029.

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Document Imaging Market Research by Categories

By component:

• document imaging software
• document imaging hardware
  • scanner
  • printer
  • microfilm reader
  • Other

By Distribution criteria:

• On-premises document imaging
• Cloud document imaging

 By end-user:

• Agency
• law firm
• doctor’s practice
• educational institution
• Other

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan
• Japan
• Middle East and Africa

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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The Desktop as a Service Market is expanding at a healthy 18.1% CAGR from 2022 – 2029. The market size is projected to be a total of US$ 5.5 Bn in 2022 and US$ 17.8 Bn by 2029.

The rising adoption of cloud-based solutions and services, climbing ICT investments, increasing penetration of smart devices, and increasing digitalization in the workspace are the key factors shaping the growth of the desktop-as-a-service market.

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Key Takeaways from Desktop-as-a-Service Market Study

• Most of the desktop-as-a-service solution providers are eyeing to expand their operations in Asia Pacific region as the region is witnessing rapid growth in cloud computing industry and continuous evolution in IT infrastructure models.
• Desktop-as-a-service is proving to be successful for small and medium enterprises due to low IT budget concerns. Moreover, the adoption of desktop-as-a-service is increasing among large enterprises for agile and temporary use cases.
• Data privacy and security remain a key challenge for the growth of desktop-as-a-service market. However, with high innovation in cloud security area, this limitation is likely to be addressed in the near future.
• Most of the desktop-as-a-service solution providers are focusing on partnering with the hyper scale vendors to leverage platform agility and offer customer choice a choice for desktop-as-a-service solutions with enhanced security options.
• Demand for desktop-as-a-service in BFSI industry is likely to increase at whopping CAGR of ~22% during the forecast period.

Growth of Cloud Computing to Augur Well for DaaS Market

Cloud computing has been developed for approximately two decades, and it offers businesses with many benefits, which include business efficiencies and cost benefits. With the growing number of web-enabled devices used in today’s business environment, such as smartphone and tablets, access to data is becoming easier and it is encouraging businesses to adopt desktop-as-a-service solutions. In addition to this, the increasing adoption of advanced technologies such as advanced analytics, robotics, and artificial intelligence solutions are expected to have a positive impact on the growth of desktop-as-a-service market.

The global desktop-as-a-service market continues to witness a fair degree of consolidation in competition landscape, with tier-1 vendor accounting for 50% revenue share. Some of the key players in the desktop-as-a-service market are Amazon Web Services, VMware, IBM, Microsoft, NetApp, Cloudalize, and Fujitsu, and Citrix Systems. Leading companies are focusing on partnerships and collaborations with cloud IT service providers to help businesses simplify the process to move workloads and data to the cloud.

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Desktop as a Service (DaaS) Market by Category

By Solution:

• Desktop-as-a-Service Solution
• Services
  • Consulting
  • Technical Support
  • Managed Services

By Enterprise Size:

• Small & Medium Enterprises
• Large Enterprises

By Deployment:

• Public
• Private
• Hybrid Cloud

By Industry:

• BFSI
• Media & Entertainment
• Government
• IT & Telecom
• Healthcare
• Manufacturing
• Education
• Others

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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The Cyber Security in Robotics Market is slated to top US$ 3.5 Bn in 2022 and Expand at a healthy 11.0% CAGR, the market size is projected to total US$ 7.2 Bn by 2029.

A new market research report by Future Market Insights on cyber security in robotics market includes an industry analysis 2014-2021 and an opportunity assessment 2022-2029. The report investigates and provides critical insights on cyber security in robotics market. Furthermore, the cyber security solution market is expected to experience substantial growth over the upcoming years, due to various factors, such as increasing demand for cloud security in robotics, increasing use of machine learning and artificial intelligence for cyber defense and increasing data protection for information security.

In addition, denial of service protection solution is expected to witness high adoption rates during the forecast period, due to overloading online services which are vulnerable to DOS attacks. Furthermore, the world is witnessing rapid increase in information security, human safety, data protection which, in turn, is creating potential growth opportunities for the cyber security in robotics market players.

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Leveraging Artificial Intelligence and Machine Learning for Cyber Defense

Artificial Intelligence and Machine Learning are being applied across major industries and applications, including the cyber security in robotics. These technologies are used to detect the cyber threats based on analyzing data and identifying a threat before it exploits a vulnerability in the information security in robotics. Moreover, Machine Learning remains a key focus area of companies operating in the cyber security in robotics market, as it enables the robot to predict threat and observe behavior anomalies with more accuracy. Machine learning and artificial intelligence are also used for detecting and tracking the active phishing sources.

Gains Upheld by Manufacturing Industry Prioritizing Robotic Security

Security concerns in robotics are increasing, as robots are connected to other robots, enterprise, or to the cloud, which enables access to internal systems and data servers. The data collected by robots is used by manufacturers to maximize the production efficiency and improve product quality. To ensure safe production, manufacturers are investing in cyber security solution such as authentication solution, encryption solution, secure communication solution, and denial of service protection solution to protect robots from hacking and to deal with vulnerabilities in the process. Cyber security is a top priority for manufacturers as cyber-attacks on robots can cause them a huge loss in production.

Cloud-based Security in Robotics

The data gathered by robots in different sectors can be stored on the cloud and can be used in the future. This ensures productivity growth and lower costs for enterprise. Cloud-based security is important in robotics as it provides better tracking and monitoring system than other security solutions. It also provides real-time firewall and signature updates blocking harmful traffic.

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Cyber Security in Robotics Market by CategoryBy Solution:

• Authentication
• Secure Communication
• Encryption
• Denial of Service Protection
• Risk & Vulnerability Management

By Services:

• Security Testing
• Upgradation & Patch Management
• Security Assessment

By Type:

• Industrial Robot
• Medical Robot
• Collaborative Robot
• Defense Robot
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan
• Japan
• Middle East & Africa

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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The hosting Infrastructure Services Market is expected to hold a valuation of US$ 15.4 Bn in 2022 and rise at a high CAGR of 8.1% to top a net worth of US$ 26.6 Bn by the end of 2029. Operating efficiency along with low cost and enhanced protection are recognised as key factors behind the spike in the adoption of hosting infrastructure services. Also, robust developments in small and midsize businesses (SMBs) are being captured by market vendors as dynamic opportunities to gain higher traction, opines the FMI report.

A number of companies operating in the BFSI industry are embracing hybrid cloud models through which critical applications and processes are migrated to private cloud with advanced security attributes, while other applications are transferred to public cloud for agility and cost efficiency. These factors are likely to increase the appeal for businesses and enterprises to leverage hosting infrastructure service providers.

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Big Gains in Managed Hosting and Colocation Services

Managed hosting and colocation services continue to witness greater adoption; collectively, these account for 2/5th revenue shares. As businesses make it a point to focus on their core competencies, rather than worrying about managing IT infrastructure, average spending is likely to witness a steady increase. According to the study, adoption is likely to remain strong in storage, data security, and cloud computing categories. The adoption of managed hosting and colocation services on the basis of ‘pay-per-use’ model has thus enabled the critical exchange and crossroads of entire IT environment.

It is also imperative to note that virtual private server-based services or VPS hosting services are growing in prominence. Providing enhanced control over servers and enabling agile deployment of virtualized workloads at low infrastructure cost, spending on VPS services is likely to witness an uptick over the course of the forecast period.

While industry-wide adoption of Software as a Service (SaaS) continues to influence growth strategies, stakeholders are focusing on boosting the visibility of other services such as Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). As enterprises are increasingly incorporating IaaS in their hybrid IT environments, hosting infrastructure service providers are implementing latest tools and technologies to improve operational efficiency at competitive offering. According to the FMI report, hosting infrastructure revenues through the adoption of IaaS is estimated to register a year-over-year (Y-o-Y) growth of 8% in 2019 through 2018.

According to the report, vendors are focusing on offering novel services and highly standardized products through technological innovations. Small players are flourishing through the presence of data center in respective countries and specific offerings for local customers.

FMI’s research study offers a long-term perspective and extensive analysis into opportunities prevailing in the hosting infrastructure service market for the period between 2022 and 2029. According to the study, the global hosting infrastructure services market is estimated to record a CAGR of ~8.1% during the forecast period.

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Key Segments of Hosting Infrastructure Services Industry Survey

Hosting Infrastructure Services Market by Deployment Type:

• Hybrid Cloud Hosting Infrastructure Services
• Public Cloud Hosting Infrastructure Services
• Private Cloud Hosting Infrastructure Services

Hosting Infrastructure Services Market by Service:

• Managed Hosting
• Colocation Services
• Hybrid Hosting
• Shared Hosting
• Website Hosting
• Virtual Dedicated Servers
• Virtual Private Servers

Hosting Infrastructure Services Market by Enterprise Type:

• Hosting Infrastructure Services for SMEs
• Hosting Infrastructure Services for Large Enterprises

Hosting Infrastructure Services Market by Vertical:

• Healthcare and Life Science
• Energy and Utilities
• Retail and Consumer Goods
• IT and Telecommunication
• BFSI
• Government and Public Sector
• Manufacturing
• Media and Entertainment
• Others

Hosting Infrastructure Services Market by Cloud Service Type:

• IaaS Hosting Services
• PaaS Hosting Services
• SaaS Hosting Services

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Hosting Infrastructure Services Market by Region:

• North America Hosting Infrastructure Services Market
• Latin America Hosting Infrastructure Services Market
• Europe Hosting Infrastructure Services Market
• East Asia Hosting Infrastructure Services Market
• South Asia & Pacific Hosting Infrastructure Services Market
• Middle East & Africa (MEA) Hosting Infrastructure Services Market

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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The Intelligent Enterprise Data Capture Software Market valuation of US$ 9 Bn in 2022 and US$ 21.1 Bn by 2029, expanding at a CAGR of 12.9% from 2022 to 2029. Future Market Insights (FMI) has recently published a market research report, titled “Intelligent Enterprise Data Capture Software Market – Global Industry Analysis 2014 – 2021 and Opportunity Assessment 2022 – 2029.” Intelligent enterprise data capture software takes control and accumulates a large volume of structured, semi-structured, and unstructured data.

Intelligent enterprise data capture software enables the rapid transformation of critical business documents into business process-ready digital content by using advanced recognition technology. Intelligence enterprise data capture software uses various technologies to capture all kinds of data such as texts, pictures, printed documents, and several others.

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Growth of Enterprise Application Realm Favoring Adoption

Digitisation of industries across the globe is increasing. Companies are moving from traditional manufacturing to digital manufacturing and adopting advanced technologies. Increase in investments in industrial IoT technology will bring about a significant change in the near future. Intelligent enterprise data capture software plays a crucial role in industrial automation. Manufacturing, construction, and other industries have witnessed the rapid adoption of advanced technologies.

These factors are positively impacting the intelligent enterprise data capture software market. Due to the growth of industrialisation, the overall enterprise application market has witnessed significant growth in the past couple of years. This is expected to have a cascading effect on the intelligent enterprise data capture software market.

Intelligent enterprise data capture software uses different types of technologies such as optical character recognition, intelligent document recognition, and handwriting recognition. Optical character recognition technology is used to convert different types of machine-printed documents, such as image files, PDF files, or scanned paper documents, into searchable and editable data. Intelligent document recognition technology helps recognise and capture handwritten printed characters from image files. Handwriting recognition is the ability of a mobile device or a computer to take as input handwriting from sources such as printed physical documents, pictures and other devices, or to use handwriting as a direct input to a touchscreen and then interpret this as text.

SMEs Emerging as Lucrative Targets for Investors

Advancements in the retail industry have revolutionised the adoption of intelligent enterprise data capture software components in various developing as well as developed regions. To meet the growing demand for error reduction and improved accuracy in the East Asia and South Asia regions, several intelligent enterprise data capture software platform providers have started investing in these regions.

The established as well as growing intelligent enterprise data capture software platform providers should focus on expanding their intelligent enterprise data capture software businesses across untapped developing country markets to enhance their global intelligent enterprise data capture software market share.

In addition, it has been observed that growing companies from various sectors are investing significantly on next generation data management solutions and business analytics platforms. Across the world, a growing number of small and medium enterprises are becoming prominent targets for the providers of intelligent enterprise data capture software. Hence, East Asian and South Asian markets are creating new business models for intelligent enterprise data capture software platform providers.

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Competition Insights

Key players are focusing on increasing their market shares in the intelligent enterprise data capture software market by entering into joint ventures and strategic partnerships with regional players. In addition, major intelligent enterprise data capture software market players are also expanding their global presence via strategic mergers and acquisitions. Some of the key players in the global intelligent enterprise data capture software market research report include Microsoft Corporation, SAP SE, IBM Corporation, OpenText Corporation, Oracle Corporation, Hyland Software, Inc., Box, Newgen Software Technologies Limited, M-Files, Oracle Corporation, and Nuxeo.

Key Segments of Intelligent Enterprise Data Capture Software Industry Survey

By Product Type:

• Intelligent Enterprise Data Capture Software
• Intelligent Enterprise Data Capture Services

By Deployment

• On-premise Intelligent Enterprise Data Capture Software
• SaaS & PaaS Intelligent Enterprise Data Capture Software
• Hybrid Intelligent Enterprise Data Capture Software

By Line of Business:

• Intelligent Enterprise Data Capture Software for Finance
• Intelligent Enterprise Data Capture Software for Sales
• Intelligent Enterprise Data Capture Software for Human Resource
• Intelligent Enterprise Data Capture Software for Marketing
• Intelligent Enterprise Data Capture Software for Legal Sector

By Industry:

• BFSI
• Healthcare
• Media & Entertainment
• Education
• Professional Services
• Construction
• Retail
• Government
• Manufacturing
• Others

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By Region:

• North America Intelligent Enterprise Data Capture Software Market
• Latin America Intelligent Enterprise Data Capture Software Market
• Europe Intelligent Enterprise Data Capture Software Market
• East Asia Intelligent Enterprise Data Capture Software Market
• South Asia & Pacific Intelligent Enterprise Data Capture Software Market
• Middle East & Africa (MEA) Intelligent Enterprise Data Capture Software Market

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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The market for CNG and LPG vehicles is anticipated to grow at a moderate rate (CAGR) of 4.5% over the forecast period. The market for CNG and LPG vehicles is currently estimated to be worth US$ 5243.3 million in 2022. The market value of the CNG and LPG cars market is predicted to reach a peak of US$ 8153.1 million by the year 2032.

The compressed natural gas (CNG) and liquefied petroleum gas (LPG) vehicles market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving CNG and LPG vehicles market.

LPG is highly inflammable combination of hydrocarbons with high calorific value. CNG, on the other hand, is derived from natural gas which is mainly methane (CH4). Natural gas under high pressure yields CNG

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Future of LPG & CNG Consumption is Bright   

Environment degradation and rapid climate change has put an onus on a clean and sustainable fuel which can substitute conventional greenhouse fossil-fuel like petrol and diesel. Volatile oil prices which sometimes escalates to higher level can disrupt economies of developing nation.

The price rise in crude oil has a cascading effect on good prices. The rising demand of LPG and CNG is also attributed to the dual fuel option. Various incentives offered by government, in a move to reduce pollution and carbon footprints has played a crucial role in creating a sustainable market infrastructure for LPG and CNG.

A significant amount of GDP is spent by developing countries to expand gas pipeline infrastructure. The rising energy demand with a less expensive and reliable fuel option makes the market outlook bullish in near future.

Key Drivers and Restraints for CNG & LPG Market

The current state of climate is not in a good shape. Globally, all nations are pledging to reduce carbon footprints and reduce greenhouse gases which has already choked the market of fossil-fuels.

There has been a significant increase in respiratory diseases globally, owing to the rising pollution and suspended PPM in atmosphere.

LPG and CNG is a panacea to the current environmental crisis, which if not addressed can be snowballed into a catastrophe. LPG and CNG market are in advantageous position due to exhaustive inventory of complications and obstacles created by fossil-fuels like petrol and diesel. Developing countries like India and China are aggressively driving the market

Despite being the most affordable and clean fuel, LPG and CNG market faces fierce challenges due to poor infrastructure. The transportation of highly inflammable gas is always a bottleneck. High initial capital for sophisticated equipment is also challenge faced by market players

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LPG and CNG Market: Region-wise Analysis

Asia pacific is projected to register a tremendous growth in LPG and CNG market followed by Europe and North America

Asia Pacific holds significant share in LPG and CNG market, owing to exploding population and high demand in clean fuel for home. India and China, the leading players in the LPG and CNG market are witnessing an exponential growth.

For instance, in India government has subsidized and incentivized LPG as a measure to check the pollution generated by traditional home-based cooking fuel like coal. This has also helped the developing countries to improve HDI rankings by improving the health, hygiene and affordability factors.

For instance, GAIL India ltd, one of the largest gas giant in India has pledged to invest 1.05 lakh crore over the next five years in a move to expand the pipeline infrastructure. The company is aggressively scaling up LPG and CNG gas distribution network in a bid to full the country never ending clean energy demand

LPG and CNG Market: Competitive Landscape

• GAIL India ltd.
• Fiat Group
• General Motors Group
• Renault
• Hyundai
• Suzuki
• Ford
• Volkswagen

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CNG and LPG Market Segment Analysis

The CNG and LPG Market can be segmented based on the following:

By Fuel Type

• CNG
• LPG

By Vehicles Types

• Passenger
• Light commercial
• Medium commercial
• Heavy commercial

By Application

• Cooking fuel
• Passenger Vehicles
• Public Transport
• Commercial vehicle

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About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
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As per Future Market Insights (FMI), the global automotive wiper blades market size is anticipated to grow from US$ 4.71 Bn in 2022 to US$ 8.4 Bn by 2032, exhibiting a CAGR of 5.9% between 2022 and 2032.

Rising production and sales of passenger vehicles, increasing demand for wiper blades from aged vehicles, and advancement in wiper technology are some of the key factors driving growth in the global automotive wiper blades market.

One of the most significant factors propelling the automotive wiper blades business is the growing worldwide automobile manufacturing. Over the years, rising disposable income and changing lifestyle have resulted in the surge in middle-class vehicle ownership and this trend is likely to continue during the forecast period.

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To meet this vehicle demand, automotive manufacturers are ramping up their manufacturing capacities, thereby creating opportunities for automotive wiper blades market growth.

Similarly, increasing use of rear wiper blade systems in low-end cars is a significant element fueling the market for automobile wiper blades. Rear wiper blades were formerly only seen in SUVs, but they are now widely utilized in hatchbacks and SUVs.

Over the forecast period, it is anticipated that the global automotive wiper blades market would grow quickly. Manufacturers are increasingly integrating straightforward and low-cost wiper blade components to expand their customer base.

Key Takeaways from Market Study

• Based on product type, the beam wiper blades segment is projected to grow at the fastest CAGR of 7% during the forecast period of 2022 and 2032.
• By application, windshield wipers segment is estimated to hold the highest share of over 80% in 2022.
• Based on vehicle type, the passenger cars segment is anticipated to hold a market share of more than 71% in 2022.
• East Asia is expected to account for the largest value share of over 45% in the global market by 2032.
• The automotive wiper blades market in China is anticipated to create an absolute dollar opportunity of more than US$ 1.1 Bn between 2022 and 2032.

“Growing motorization rates and global vehicle production are two important reasons that will open up a lot of opportunities for automotive wiper blades market. Besides this, surge in customer demand for wiper blades as an aftermarket accessory will bode well for the market” according to Future Market Insights analyst.

Browse Detailed Summary of Research Report with TOC: https://www.futuremarketinsights.com/reports/automotive-wiper-blades-market  

Who is Winning?

Increased emphasis on safety features is driving manufacturers to concentrate on the performance of the car wiper blade, which is expected to drive sales of automotive wiper blades throughout the forecast period.

Some of the key automotive wiper blades manufacturers included in the report are Denso Corporation, Valeo SA, DRiV Incorporated, TRICO Products Corp., Robert Bosch GmbH, Continental AG, Mitsuba Corporation, Doga, SA, ITW, Hella KGaA Hueck & Co., Tokai Riki Co., Ltd., Xiong Shun Automobile Material Co., Ltd., Fu-Gang Co., Ltd., PSV Wipers Limited, ACDelco, Cap Co., Ltd. (CAPCO), WEXCO Industries Inc., Tex Automotive Ltd, Syndicate Wiper Systems (P) Ltd., Korea Wiper Blade, KB Wiper Systems, Pilot Automotive, and Heyner GmbH.

Automotive wiper blades Market Projection

The rising need for rear wiper blades has fueled the expansion of the automotive wiper blades industry. This demand has been fueled by the rising popularity of SUVs, hatchbacks, and crossovers as well as the rising use of rear wiper blades even in entry-level vehicles. An increase in the number of old cars on the road and wiper blades recycling are two further factors boosting the market’s expansion.

Demand for vehicles has grown as people’s discretionary money has grown and as they have become more self-sufficient financially. Since a sizable portion of the population relies on used cars, demand for automotive wiper blades is expected to rise during the forecast period. Technology’s increasing rate of usage has elevated automobile wiper quality to unprecedented levels. The market for automobile wiper blades will be driven by this.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global automotive wiper blades market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the global automotive wiper blades market based on product type, application, vehicle type, and sales channel across seven major regions.. The automotive wiper blades market also report gives us qualitative and quantitative information about the companies.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

5. Global Automotive Wiper Blades Market Demand Analysis 2017–2021 and Forecast, 2022–2032

5.1. Historical Market Volume (Units) Analysis, 2017–2021

5.2. Current and Future Market Volume (Units) Projections, 2022–2032

5.3. Y-o-Y Growth Trend Analysis

6. Global Automotive Wiper Blades Market – Pricing Analysis

6.1. Global Pricing Analysis By Product Type

TOC continued..!

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About FMI – Automotive and Transportation

The Automotive and Transportation division of FMI provides exclusive coverage and actionable insights about automotive and transportation industry encompassing automotive, aviation, shipping and marine, and railway sectors. Market findings and competition intelligence of OEM, aftermarket, services and technology landscape have helped numerous industry stakeholders’ right from automakers, component manufacturers, channel partners and service providers in taking informed decisions and keeping them up-to-date with market behaviour.

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Mobile Car Wash & Detailing Market Outlook : is expected to reach a market valuation of US$ 9.8 Billion by the year 2022, and would be growing at a rate of 8.9% by 2022-2032.

CNG and LPG Vehicles Market Forecast : is projected to have a slow-paced CAGR of 4.5% during the forecast period. The current valuation of the CNG and LPG vehicles market is US$ 5243.3 million in 2022. The market value of the CNG and LPG vehicles market is anticipated to reach a high of US$ 8153.1 million by the year 2032.

Automotive ECU Market Share : is anticipated to reach US$ 48,500.0 million in 2022, growing at a 6.1% CAGR during the forecast period. By 2032, the market is anticipated to reach US$ 77,887.0 million.

About Future Market Insights (FMI)  

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market Reports:  https://www.futuremarketinsights.com/reports
Report: https://www.futuremarketinsights.com/reports/automotive-wiper-blades-market
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