Impact of New Business Opportunities following COVID-19 on the Russian IT Software and Services Market: Microsoft Corporation, Oracle Corporation, SAP SE, IBM Corporation, IBS Group, Hewlett-Packard Company,

The market is anticipated to increase rapidly during the anticipated period, with a CAGR of 7.2 percent, reaching US$ 8,628.2 million by 2020. The segments of IT software and services contributed significantly to the expansion of the Russian IT market in the European region.

The need for IT software and services in Russia is being driven by an increase in e-government and e-banking activities by governments and banks, among other important causes.

The Russian IT software and services market is expected to witness a substantial decline in growth throughout the duration of the coronavirus outbreak. Cancellations or delays of new orders, and concerns over employee health safety during the pandemic are key factors, negatively impacting market growth. The slowdown of the Russian economy will hurt small and medium IT enterprises substantially.

“The Russian IT sector is witnessing a transition to software-as-a-service (SaaS), which reduces upfront costs and bolsters access. Consequently, purchasing power of IT consumers goes up. Major manufacturers are also increasingly preferring SaaS business models as the industry shows interest in open source and cloud computing software,” says the FMI analyst.

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Russian IT Software and Services Market – Key Takeaways

  • Cloud services are highly popular in the Russian IT software and services market, supported by growth of e-commerce activities.
  • Virtual assistant tools are rapidly gaining traction, aided by the widespread penetration of smart devices in the region.
  • IoT applications are gaining ground as Russia invests in Smart City projects including energy, utility, and transport applications.
  • Western Russia is a key hub in the IT software and services market, aided by the presence of key developers.

Russian IT Software and Services Market – Key Driving Factors

  • Favorable regulation frameworks controlling the Russian IT software and services market is a major growth factor.
  • Widespread penetration of internet services in the region bolsters adoption and development rates.
  • Advances in IoT and cloud services are key factors aiding growth of Russian IT market players.

Russian IT software and services Market – Key Constraints

  • Widespread cost cutting by clients for IT services is a major restraint on revenue growth.
  • Slowdown of the Russian economy hinders critical market developments.

The Anticipated Impact of COVID-19

Across the Russian IT software and services market, the coronavirus pandemic has resulted in suspension of key decision-making activities in addition to cancellation of development and service contracts. Regional and international travel restrictions are also expected to hold back market developments in the near term. Economic uncertainties will influence the market throughout 2020. Gradual recovery is likely in 2021 as business restrictions are relaxed.

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Competition Landscape

Major players in the Russian IT software and services market include but are not limited to I-Teco, Microsoft Corporation, Asteros, Oracle Corp., Compulink Group, SAP SE, LANIT Group, IBM Corp., Hewlett Packard Company, and IBS Group. Leading players are focusing on long term service contracts to sustain revenue. For example, BestPlace is providing Malaysian retailers software services from 2020.

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Industry Research, Segmentation, Key Players Analysis, and Forecast to 2028 for the Interactive Tables Market

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Interactive Tables Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2028.

Report Attribute Details
Interactive Tables Market Projected Growth Rate (2022-2032) 7.2% – 7.7% CAGR

The team of researchers at Future Business Insights are focusing on research and market study to produce different Interactive Tables Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Interactive Tables Market.

Interactive Tables Market: Regional Outlook

Among all the regions, North America holds the largest market share of the global Interactive Tables market and is expected to maintain a steady growth rate during the forecast period. The growth of Interactive Tables market in North America is attributed to the high presence of interactive touch board solution providers and the high adoption rate of interactive touch board applications. The high presence of interactive touch board manufacturers in China makes the regional market strong participant in the global Interactive Tables market.

The Interactive Tables markets in SEA and others of Asia Pacific region is estimated to record the highest growth rate during the forecast period owing to the rising adoption of Interactive Tables applications in the region.

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Interactive Tables Market: Key Players

Few of the major players operating in the global Interactive Tables market include, Boxlight; Bare Conductive; TouchIT Technologies Holdings Inc; SMART Technologies; Promethean Limited; Pathway Innovations & Technologies, Inc.; Sharp Electronics Corporation; Samsung Corporation; Google Corporation; Microsoft Corporation; Cisco Systems, Inc.; Panasonic Corporation; and Dell, Inc., among others.

Interactive Tables Market: Segmentation

On the basis of functional platform, the global Interactive Tables market can be segmented into the following:

  • Android
  • iOS
  • Windows
  • Other platforms

On the basis of interactive touch board technology, the global Interactive Tables market can be segmented as follows:

  • Resistive
  • Capacitive
  • Electromagnetic
  • Laser Scan
  • Ultrasound
  • Infrared
  • IWB Software

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  • What are the key market trends impacting the growth of the Interactive Tables Market in the Technology Market?

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Market Share, Demand Analysis, Growth, Trends, and Forecast for Calibration Management Software through 2032

The global calibration management software market is anticipated to grow from US$ 323.2 Million in 2022 to US$ 529.9 Million in 2032, with a CAGR of 5.1 percent over that time. One of the main factors driving the market during the projection period is the rising need for calibration management software to manage instruments and devices that require routine tests to ensure scalability and operation. The demand for calibration management software increased at a CAGR of 3.8% from 2016 to 2021.

Report Attributes Details
Expected Base Year Value (2021) US$ 307.51 Million
Projected Market Value (2022) US$ 323.2 Million
Anticipated Forecast Value (2032) US$ 529.9 Million
Estimated Growth Rate (2022-2032) 5.1%

In calibration laboratories, calibration management software is crucial. The workload at calibration labs is becoming more complex, there are fewer technicians, there are a growing number of quality requirements, and there is an ongoing demand to save expenses. Software for calibration management is presented as a solution to these problems. Different businesses and consumers utilize this software to uphold quality assurance requirements pertaining to the utilization of such equipment within their organizations.

Software for calibration management is created to assist quality and calibration managers in maintaining compliance. Additionally, it does away with the necessity for manual calculations while making records, performing calibrations, or approving final records. Software for calibration management provides a number of advantages, such as electronic certifications, integrated measurement and calibration traceability, and traceability of calibration findings.

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Calibrations management software also helps in minimizing measurement errors and scrap rates during production in various verticals such as pharmaceuticals, food and beverages, chemicals and others. It also ensures the consistent quality and reliability of measurements.

Calibration Management Software Market: Market Dynamics

Automatic asset record & control maintenance and integrated tracking, reporting, and auditing capabilities are expected to fuel the growth of the calibration management software market.
The complication in calibration software and high cost can hamper the growth of the calibration management software market.
Outsourcing of calibration to calibration service companies, calibration labs, and equipment manufacturers. So that the company that outsources the process will be responsible for managing and maintaining calibration records. As a result, calibration management software is in huge demand from different verticals to keep track of service orders and schedules in various industries.

Global Calibration Management Software Market: Market Segmentation
Segmentation Overview

The calibration management software market is segmented by type, application, end-user, and region.

Segmentation by type in the Calibration Management Software market:

Installed
Cloud-based

Segmentation by application in the Calibration Management Software market:

Small & Medium Enterprises
Large Enterprises

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Segmentation by end-user in the Calibration Management Software market:

Pharmaceuticals
Aerospace
FMCG
Food & Beverages
Automotive
Others

Global Calibration Management Software Market: Competition Landscape
Few prominent players in the Calibration Management Software market include cyber metrics Corporation, Verse Solutions, Fluke Calibration, P.J.Bonner, AVL Test Systems, Inc., PQ Systems, Beamex Oy AB, Prime Technologies, CompuCal Calibration Solutions, Business Analysis Limited, and Quality America, etc.

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As of 2022, the market for output management software was estimated to be worth US$ 10699.9 million, and by 2032, it is anticipated to be worth US$ 15045.9 million

The output management software market, which is esteemed at US$ 10699.9 million as on 2022, is expected to be esteemed at US$ 15045.9 million of every 2032 and is supposed to develop at a CAGR of 3.5% during the gauge time frame.

Attributes Key Statistics
Enterprise Information Archiving Market Estimated Size (2022E) US$ 6,652.3 Mn
Projected Market Valuation (2032F) US$ 26,255.8 Mn
Value-based CAGR (2022-2032) 14.7%
Top 5 Vendor Market Share Around 35%

The challenges such as time delays, printing cost, inefficiency in management, document creation, delivery, storage, usage & disposal etc. faced by conventional output management techniques are eliminated with the introduction of output management software.

Output management software efficiently eliminates the financial burden caused due to inefficient and unmanaged output processes, by the conventional output management techniques.

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Output management software eliminates unnecessary need of printing by capturing business information in an electrical form or rather in a hardcopy. In addition to helping the IT team take fast decisions, output management software enhances the end-user efficiency.

Output management software enables an efficient production, management and distribution of business output information to any other physical output media. Because of technological advancements, output management software can be accessed over any operating system. Output management software offers services such as mobile printing, pull printing and auditing printing.

Output Management Software Market: Drivers and Restraints

The primary driver of output management software is an increased demand for minimizing operational costs of IT departments as output management easily manages the output by integrating workflow management systems and accelerates IT administrative tasks. The increasing adoption of output management software in healthcare also acts as a driver for output management software market.

In addition to this, the advantages of output management software over conventional output and documentation techniques also acts as a factor driving the growth of output management software. Output management software governs green environment as it minimizes paper consumption. This factor, furthermore, drives the demand of output management software.

The major factor restraining the growth of output management software is its challenge against software compatibility. The software does not function under every circumstance and suffers a compatibility challenge, which impedes its growth.

Global Output Management Software Market Technology Trends

Outsourcing of services to Asian countries is the recent major trend in the global output management software market. By outsourcing, the companies are now focusing on product development and other core activities.

Global Output Management Software Market Regional Overview

North America is the most dominant region in the global output management software market as North America has witnessed a considerable growth in its BFSI sector, especially in U.S. In addition to this, increased adoption of output management software in healthcare industry in U.S. also contribute in the region’s market share. Europe is expected to follow North America in the global output management software market.

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Global Output Management Software Competitive Landscape

Some of the major Output Management Software global players include HP Development Company, L.P., KYOCERA, Lexmark International, Inc., Levi, Ray & Shoup, Inc., CA, Ricoh, Neopost, DocuMatrix, Plus Technologies LLC and Rochester Software Associates, Inc.

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.

Key Segments Profiled in the Output Management Software Market Survey

By Deployment Type:

  • Cloud Based
  • On-Premises

By Component:

  • Solutions
  • Services

By Organisation Size:

  • Small and Medium Enterprises
  • Large Enterprises

By Vertical:

  • BFSI
  • Manufacturing
  • Healthcare
  • Education
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and 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 10-years.

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By the end of 2031, the demand for telecom tower power systems in the US is anticipated to increase at a CAGR of around 5%

The telecom tower power system market is expected to register year-on-year growth at 5.8% in 2021, with the overall valuation forecast to reach US$ 3.5 Bn. As per a Future Market Insights (FMI) analysis, sales of telecom tower power systems is expected to increase at 6.7% CAGR between 2021 and 2031.

Report Attribute Details
Estimated Base Year Value (2022) US$ 4.53 Bn
Anticipated Forecast Value (2032) US$ 12.03 Bn
Projected Growth Rate (2022-2032) 10.26% CAGR

According to Future Market Insights, increased demand for telecom tower power systems has resulted from the expansion of telecom infrastructure facilities to cover rural and other remote areas. Rapid technological advancements in manufacturing are also expected to supplement market growth in the near future.

Despite the COVID-19 pandemic’s recessionary effect in 2020, the telecommunications industry has remained unaffected in terms of essential service sector. With the ongoing demand for high energy efficient solutions, the growth of telecom tower power systems is expected to continue on an upward trend for the foreseeable future.

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Demand for telecom tower power systems is increasing with the rise in the volume of telecom tower networks in recent years. This can be attributed to an increase in investments and expansion of new telecom infrastructure projects in developing nations.

The growing demand for mass production has increased the importance of process automation. The market is shifting toward Industry 4.0 standards, resulting in the promotion and widespread adoption of new manufacturing technologies.

The growing number of players focusing on telecom tower power system research and development is expected to contribute to market growth in the coming years.

Key Takeaways from Telecom Tower Power System Market Study

  • Outdoor telecom tower power systems are projected to hold over 54% of the global market share in 2021, supported by the availability of superior configurations.
  • The diesel generator + battery segment is set to hold over 41% of the market share as a power source by 2031-end, supported by investments into renewable energy systems.
  • The U.S. will remain a primary market, backed by rising demand from the energy sector. It is expected to account for over 86% of the demand registered in North America in 2021.
  • The markets in India and China are set to surge at CAGR of approximately 8% and 7% over the coming decade.
  • Russia is emerging as a key market in Europe, with a valuation of over US$ 154.5 Mn in 2021, driven by presence of massive telecom infrastructure network.

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Who is Winning?

The telecom tower power system market is moderately consolidated, with key players accounting for more than 55% of the market share. These players are likely to invest in new technology developments and expansion of their distribution networks in order to maintain their market presence.

Some of the key players in this industry include but are not limited to Delta Electronics Inc., Cummins Inc., Huawei Technologies Co., Ltd, Eaton Corporation PLC, Vertiv Group Corporation, STMicroelectronics NV, ZTE Corporation, and ABB Ltd.

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Telecom Tower Power System Market by Category

By Product Type:

  • Outdoor Telecom Power System
  • Indoor Telecom Power System

By Power Source:

  • Diesel Generator
  • Diesel Generator + Battery
  • Renewable Energy
    • Solar
    • Wind Turbine
    • Biomass

By Region:

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

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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 10-years.

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Key drivers of the U.S. portable monitor market, sales growth, notable businesses, and the competitive environment through 2032

During the projected period, the portable monitor market is expected to grow at a rapid rate of 24.13 percent. The portable monitor market is expected to reach US$ 1,848.51 million by 2032, from a current value of US$ 212.84 million in 2022.

Report Attribute Details
Estimated Base Year Value (2022) US$ 212.84 Mn
Anticipated Forecast Value (2032) US$ 1,848.51 Mn
Projected Growth Rate (2022-2032) 24.13% CAGR


The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Portable Monitor Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2022 to 2032.

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The portable monitors are very slim, light weight and are easy to collaborate with most of the electronic devices. Usually simple monitors are quite bulky and a person cannot carry them everywhere, so the portable monitors are designed to overcome these challenges. The portable monitors are also known as the USB powered monitors. Some of the portable monitors are designed to work with HDMI, while most of the portable monitors are powered through the USB port.

So when one needs to use a dual monitor setup for presentation then portable monitors are the best option as it makes lot easier to setup the monitor. Portable monitor Market is growing progressively as these monitors come with different specifications and they can be used by anyone who needs to use a monitor.

Portable Monitor Market: Competition Landscape

Some of the key players in the portable monitor market are HP Inc., ASUS Computer International, Inc., ViewSonic Corporation, and others.

Portable Monitor Market: Segmentation

The portable monitor market has been segmented on the basis of connectivity type, end user and region.

The market is segmented on the basis of connectivity type:

  • VGA connectivity
  • USB connectivity
  • HDMI connectivity

The market is segmented on the basis of end user:

  • Corporate offices
  • Government offices
  • Others

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Queries Solved

  • What is the size of the overall Portable Monitor Market in the Technology Market and its segments?
  • What are the key segments and sub-segments in the market?
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  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Portable Monitor Market in the Technology Market?
  • What are the recent trends in Portable Monitor Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Portable Monitor Market in the growth of the Technology Market?
  • What are the key market trends impacting the growth of the Portable Monitor Market in the Technology Market?

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Market Background                             

Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

Read Related Reports:

https://medium.com/@akshay.shinde.vu/automotive-soc-market-is-estimated-to-grow-at-a-cagr-of-7-8-during-2022-2028-eb912b79b650
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https://medium.com/@akshay.shinde.vu/market-dynamics-research-insights-trends-analysis-and-outlook-for-treasury-and-risk-management-5bf186f03116
https://medium.com/@akshay.shinde.vu/regional-data-development-and-research-on-the-magnetic-sensor-market-2022-2028-9f1ae34ada06

About 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.

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Due to Growing Popularity of Cloud & BI/ Analytics, Managed Network Services Market to Reach US$ 130.9 Bn by 2032 – Future Market Insights, Inc.

The global managed network services market is anticipated to reach a value of US$ 61.9 Bn in 2022. The market will reach an estimated valuation of US$ 130.9 Bn by 2032, exhibiting a robust CAGR of 7.8% during the forecast period of 2022-2032. Growing digitization, globalization, and an increase in the use of Cloud and BI/ Analytics across multiple industries are fostering market expansion for managed network services.

Report Attribute Details
Automated Algo Trading Market Projected Growth Rate (2022-2032) 10.6% CAGR
Estimated Base Year Value (2021) US$ 13,260.4 Mn
Expected Market Value (2022) US$ 14,520.1 Mn
Expected Market Value (2032) US$ 39,715.3 Mn

Managed network services are used as a communication network that is built, secured, and operated by third-party service providers. Since the service is maintained by a third party, it eliminates the risks and complexities associated with the network as it then becomes the responsibility of the third party. This functionality allows businesses to focus on their core objectives. This will boost the sales of managed network services in the global market.

Managed network service providers allow the outsourcing of infrastructure, support, and technical maintenance as well as routers, switches, servers, software, firewall, and more. This feature bodes well for the market.

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With increasing advancements in various industry verticals, multiple organizations have become dependent on technologies like Augmented and Virtual Reality, AI, IoT, Automation, and robotics. This in turn compounds the importance of network services, network uptime, and security. All these factors positively influence the market growth of managed network services.

Key Takeaways:

  • Lack of IT budget, the rise of SMEs, and an increase in cybercrimes will propel market growth.
  • New, innovative start-ups are estimated to dominate the managed network services market for the forecast period.
  • In 2021, South Korea and Cisco announced a collaboration in Cisco’s Country Digital Acceleration (CDA) program to accelerate digitization.
  • North America dominates the market with a share of 32.1%.
  • Europe presents significant growth potential with a market share of 21.7%.

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Competitive Landscape

Verizon Communications Inc., Telstra Global, AT&T Inc., China Telecom, NTT Communications, HCL Technologies, Wipro Limited, Nokia Corporation, IBM Corporation, Cisco Systems Inc., Vodafone Group plc, Tata Communication, Bharti Airtel, Reliance Communication, Sift Technologies Ltd, among others are some of the leaders in the managed network services market that are profiled in the full version of the report.

In the competitive market, the leading players in the managed network service market are focused on building an extensive share of the market by employing strategic methods and plans.

More Insights into the Managed Network Services Market Report

In its latest report, FMI offers an unbiased analysis of the global managed network services market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market prospect, growth, and range, the market is segmented based on service, end user, and region.

 Managed Network Services Market Regional Analysis

The North American managed network services market is projected to exhibit a substantial growth rate during the assessment period. FMI study report reveals that the region accounts for 32.1% of the global market share of the managed network services market. North America is expected to continue this growth spurt over the forecast period.

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Asia Pacific is anticipated to present the highest CAGR during the forecast period. Major economies like China, Japan, and India will register high growth rates in the region. Owing to the high population, developing economies, and increasing use of mobile and the internet, the region has witnessed an extensive consumer base for managed network services market. With the growing adoption of smart devices and the internet, it has become necessary for the population to have access to a reliable and secure connection. This drives the market growth in the region.

The managed network services market in Europe will account for a 21.7% market share during the assessment period. Germany is predicted to lead the market growth of the region. Increased cloud computing technologies boost the market expansion for managed network services in Europe.

Managed Network Services Market: Market Segmentation 

Based on service: 

  • Managed WAN
  • MPaLS
  • ILL
  • Other Related Services
  • Managed LAN
  • Virtual Network Services
  • Network Security
  • NLD/ILD
  • Others

Based on End Use Industry:

  • Banking and Financial Services
  • Manufacturing
  • Communication, Media and Services
  • Retail and Wholesale
  • Healthcare
  • Utilities
  • Construction
  • Education
  • Government
  • Agriculture

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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 10-years.

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Logistics and Warehousing Market for Autonomous Mobile Robots | 2022–2032

Autonomous Mobile Robots for Logistics and Warehousing Market: The deployment of Autonomous Mobile Robots (AMRs) has drastically changed the logistics and warehousing landscape. The retailers are integrating these AMRs into their traditional warehousing applications to automate the material handling processes. These AMRs are cost effective as they drastically reduce the in-house transportation time, automate the material handling with zero-defect production, improves safety and thus reduce the overall labor cost. 

Attributes Details
Autonomous Mobile Robots for Logistics and Warehousing Market (CAGR)  22.7 %
Autonomous Mobile Robots for Logistics and Warehousing Market (2021) USD 1.97 billion
Autonomous Mobile Robots for Logistics and Warehousing Market (2032) USD ~17 billion

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Autonomous Mobile Robots for Logistics and Warehousing Market – Novel Developments 

Key players in the Autonomous Mobile Robots for Logistics and Warehousing market are focusing on strategic collaboration and partnerships with major retailers as well as product innovations and developments for sustained business growth. 

  • In 2019, inVia Robotics, a leading next generation warehouse automation solutions provider, collaborated with Tobi, an international fashion online retailer, to deploy its inVia Picker autonomous mobile robot for automating the material handling within Tobi’s warehouses. 
  • In 2019, Locus Robotics partnered with RightHand Robotics to provide cross-platform robotics solutions for logistics and warehouse automation for high-volume order fulfilment. 
  • In 2019, Prime Robotics, a leading manufacturer of innovative warehouse robots (AMR), collaborated with Fordist Group, leading third-party logistics provider in Europe, to deploy its Mobile Shelf logistics robot system to provide scalability to the warehouse operations with improved efficiency. 
  • In 2018, Fetch Robotics, a leading developer and manufacturer of AMRs partnered with Honeywell to deploy autonomous mobile robots into their warehousing operations to fulfill the growing volumes of eCommerce orders with high efficiency and productivity. 

Autonomous Mobile Robots for Logistics and Warehousing Market- Dynamics 

Autonomous Mobile Robots for Logistics and Warehousing Market- Asia Pacific Market Growth 

Asia Pacific is estimated to be a very highly lucrative region in the Autonomous Mobile Robots for Logistics and Warehousing Market. The market for logistics and eCommerce is growing at a lightening pace within the Asia Pacific countries such as China, India and South-East Asia. This significant growth demand for huge investment into warehouse automation via deployment of autonomous mobile robots to fulfil the demand for labor shortage and to improve material handling operations to drive scalability, reliability and efficiency. 

In growing economies like India, the warehousing and logistics market is booming at an unprecedented rate, and is estimated to attract nearly $10 billion investments in the next 5 years. To address this huge investment and supply chain demand, the logistics and warehouse operations are shifting from manual to automated operations through deployment of autonomous mobile robots for effective material handling. 

Autonomous Mobile Robots for Logistics and Warehousing Market – Increasing Demand for Logistics & Warehouse Automation 

A few years ago, the logistics and warehouse operations and processes were carried out manually, employing thousands of workers for material handling and carrying out in-house logistics operations. As the supply-chain industry flourished globally in past few years, there has been a huge demand for warehouse automation for material handling operations to improve order fulfillment and in-house distribution of goods with the ultimate goal to reduce the labor costs. 

The adoption of autonomous mobile robots for logistics and warehousing industry has solved many problems posed by the booming supply-chain demands. The AMRs are collaborating with warehouse operations for automated inventory handling and movement, tracking and locating materials within the warehouse facilities, freeing the human workforce from such time consuming processes and thus improving the material handling efficiency within the warehouses. 

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Autonomous Mobile Robots for Logistics and Warehousing Market – Rapid Growth in the eCommerce Industry Globally 

The eCommerce Industry worldwide is growing at a very fast pace. The global eCommerce sales was valued at $2.4 trillion in 2017 and is estimated to be nearly $3.0 trillion by 2018, with US and Chine dominating the global eCommerce industry. Due to this ever-growing eCommerce trend, the retailers are facing challenges such as shortage of labor for warehouse management, complicated order fulfillment processes and more. To overcome this supply-demand challenges, logistics and warehouse automation technologies such as Autonomous Mobile Robots have made tremendous developments in recent years. 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the Autonomous Mobile Robots for Logistics and Warehousing market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Autonomous Mobile Robots for Logistics and Warehousing market attractiveness as per segments. The report also maps the qualitative impact of various factors on Autonomous Mobile Robots for Logistics and Warehousing market segments and geographies. 

By Type, the Autonomous Mobile Robots for Logistics and Warehousing market is segmented into- 

  • Autonomous Mobile Picking Robots 
  • Automated Forklifts 
  • Autonomous Inventory Robots 
  • Aerial Inventory Robots 

By Applications, the Autonomous Mobile Robots for Logistics and Warehousing market is segmented into– 

  • Retail & eCommerce 
  • Healthcare & Pharmaceuticals 
  • Food & Beverages 
  • Consumer Electronics 
  • Automotive 
  • Others 

Autonomous Mobile Robots for Logistics and Warehousing Market- Report Highlights: 

  • A detailed overview of parent market of Autonomous Mobile Robots for Logistics and Warehousing market 
  • Changing Autonomous Mobile Robots for Logistics and Warehousing market dynamics in the industry 
  • In-depth segmentation of the Autonomous Mobile Robots for Logistics and Warehousing market 
  • Historical, current, and projected Autonomous Mobile Robots for Logistics and Warehousing market size by value 
  • Recent industry trends and developments in Autonomous Mobile Robots for Logistics and Warehousing market 
  • Competitive landscape of the Autonomous Mobile Robots for Logistics and Warehousing market 
  • Strategies for key players in Autonomous Mobile Robots for Logistics and Warehousing market and products offered 
  • Potential and niche segments, geographical regions exhibiting promising growth 

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About 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
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Market Size, Share, Trends, and Industry Analysis for Augmented Reality Glasses, 2022-2032

Augmented reality glasses Market is projected to reach a valuation of US$ 11.8 Bn in 2022, likely to surge at vigorous 20.3% CAGR from 2022 – 32 | FMI. The increased adoption of virtual reality and augmented reality across various application led to increase the demand for augmented reality in variety devices. Its recent implementation is observed in glasses with the introduction of augmented reality glasses.

Data Points Key Statistics
Augmented reality glasses Market Value 2022 US$ 11,748.7 Million
Augmented reality glasses Market Projected Value (2032) US$ 74,384.1 Million
Augmented reality glasses Market CAGR (2022-2032) 20.3%

Augmented reality glasses enables information about the user’s environment displayed in front of his/her eyes on his/her glasses. In addition to this, augmented reality glasses effectively superimposes the virtual objects on to the real world. Smart augmented reality glasses enables efficient interactions with holographic objects, as well, because of the presence of sensors and position trackers.

Innovations in augmented reality glasses has led to the introduction of mixed reality glasses comprising of enhanced functions. Augmented reality glasses are still in its development stage as new innovations and implementations are done on the same with the advancements in technology and availability of resources. In spite of this, augmented reality glasses have found its applications in industries such as healthcare, military, retail, real estate etc.

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Augmented Reality Glasses Market: Drivers and Restraints 

The primary driver for augmented reality glasses is the increasing adoption and implementation of augmented reality and virtual reality causing transition towards digitalization. Additionally, increasing adoption of smart phones & tablets and increasing penetration of internet also drives the market of augmented reality glasses.

The decline in the average price of augmented reality glasses is also a factor contributing towards the growth of augmented reality glasses. Factors such as rising demand in healthcare & military, location based search and gaming applications, furthermore, drive the augmented reality market.

As augmented reality glasses are still in its development stage, henceforth, the major factor restraining the growth of augmented reality glasses market is its lack of awareness. In addition to this, augmented reality glass’s high cost, in spite of the decline in prices, also impedes its growth and adoption rate.

Global  Augmented Reality Glasses Market Technology Trends 

The recent trend governing the growth of augmented reality glasses market is its transition into mixed reality glasses with new technological implementations such as position tracking and presence of depth sensors.

Global  Augmented Reality Glasses Market Regional Overview 

North America is the most dominant region in the global augmented reality glasses market. North America is followed by Europe as there is an increase observed in awareness amongst users, about augmented reality glasses.APAC is expected to grow at the fastest rate with the penetration of internet, increased awareness and increasing adoption of smart phones and tablets.

Global  Augmented Reality Glasses Competitive Landscape 

In February 2017, Toshiba Corporation partnered with Vuzix Corporatin. The partnership aimed at the development of a smart augmented reality glasses, enabling augmented reality to its users.  Some of the major global augmented reality glasses market players include Microsoft Corporation, Google, SEIKO EPSON CORP., Laster Technologies, Penny, Sony Mobile Communications Inc., Recon Instruments, LUMUS.

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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Regional analysis includes 

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Augmented Reality Glasses Market: Market Segmentation

Global Augmented Reality Glasses Market can be divided into the following segment: by applications

Segmentation on basis of Applications for Augmented Reality Glasses Market:

  • Industrial
  • Heath care
  • Military
  • Retail
  • Media, Games and Entertainment
  • Sports
  • Others

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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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Polypropylene Yarn Market sales totaling a valuation of over 23.85 Bn by 2029

The global Polypropylene Yarn Market was valued at nearly US$ 16.32 Bn in 2022, and is projected to exhibit a CAGR of 5.6% over the forecast period.

The global Polypropylene Yarn Market size is estimated to be worth around US$ 16.32 Bn in 2022. With rising adoption of polypropylene yarn for various applications, the overall sales are anticipated to rise at 5.6% CAGR, totaling a valuation of over 23.85 Bn by 2029.

Attribute Details
Polypropylene Yarn Market Estimated Size in 2022 US$ 16.32 Bn
Polypropylene Yarn Market Projected Size in 2029 US$ 23.84 Bn
Polypropylene Yarn Market Historical CAGR (2014-2021) 4.1%
Polypropylene Yarn Market Value-Based CAGR (2022-2029) 5.6%

However, polyester and textile industries in East Asia are under constant pressure due to the coronavirus pandemic. Akin to the SARS outbreak of 2003, demand for polypropylene yarn is likely to drop as industrial operations halt. Governments have restricted transportation amidst the lockdown, leading to logistical issues in the region. Further transmission of the coronavirus would stretch the transport paralysis, leading to a marked production decline of polypropylene yarn. In addition, the export of finished textile products and apparels is expected to drop too.

“Polypropylene yarn is used in concrete mix designs for rigid pavement and self-compacting concrete. It is also used as a reinforcing agent, which is mixed with concrete to decrease shrinkage and control cracking in the construction industry. These factors are expected to drive the demand for polypropylene yarn from the construction industry and for other refractory applications.”

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Key Takeaways from Global Polypropylene Yarn Market Study

  • Polypropylene multifilament yarn is likely to be sought-after in the future, owing to its growing application in textile industries.
  • In terms of consumption, Europe and the U.S. are the most prominent regions. Countries such as Belgium, the Netherlands, Spain, Germany, France, and Italy are the prime consumers of synthetic yarn (PP yarn), where Belgium and the Netherlands (BENELUX) are prime importers of synthetic yarns (PP yarn).
  • Growing apparel industries across the world is expected to increase the demand for polypropylene yarn. Increasing demand for sportswear, blazers, etc., is also surging the demand for fine polypropylene yarn, as it is largely consumed in their production.
  • Easy availability of raw wool in countries such as Australia and New Zealand, is driving polypropylene yarn production in this region. These countries produce various types of polypropylene yarn, such as Merion wool, Shetland wool, etc., in high volumes.
  • Governments are taking initiatives for promoting the production of polypropylene yarn. For instance, the Indian Government is working to persuade growers to focus on wool production rather than meat production. Production in such countries is further backed by economical labour availability. Hence, a considerable amount of polypropylene yarn is produced in India, and is exported to international markets.

Competitive Landscape

Global players such as SWM, Industrial Ponsa, Thrace group, Bonar Yarns, Lankhorst Yarns, William Barnet & Son, LLC, and Daman Polythread Ltd. have invested strategically in the polypropylene yarn market in the recent past, which suggests that, major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future. Research & development, coupled with expansion of production capacity and footprint, remains the key strategy of polypropylene yarn manufacturers to enhance productivity and capture new market opportunities.

East Asia to Offer Lucrative Growth Opportunities

East Asia is anticipated to hold a prominent share in the global polypropylene yarn market, owing to the increasing textile industries in the region. Another key factor driving the growth of the polypropylene yarn market in East Asia is the focus of manufacturers on the customization of products as per specific applications. Polypropylene yarn is also prominently used in the production of apparel such sportswear, thermal wear, and active wear, which is further bolstering its sales in the region.

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Polypropylene Yarn Market by Category

By Product Type:

  • PP Multifilament
  • PP Monofilament

By Application:

  • Industrial Textiles
  • Home Textiles
  • Carpets
  • Sports Accessories and Ancillaries
    • Sportswear
    • Active Wear
    • Thermal Underwear
  • Others

Table of Content1. 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 Taxonomy

2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

5. Global Polypropylene Yarn Market Demand Analysis 2014-2021 and Forecast, 2022-2029

To be continued…!

About 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 Us:

Future Market Insights Inc.
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/polypropylene-yarn-market
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