Beverage Coaster Market Demand is Growing due to Increase in the Preferences of Coffee Shops, Pubs, Lounges

A beverage coaster is a small mat which is used for resting beverages upon it. Beverages coaster protects the surface, such as table from getting heated or dirty from the beverage kept in a glass, cup, bowl etc. Nowadays there has been a good demand for beverage coaster due to increase in the preferences of coffee shops, pubs, lounges, etc. by consumers where the most common food items sold are beverages. The beverage coasters are made of paper or foam which soaks the excess water of beverage cups, beer mugs, etc. and protect the surface of table. Even the beverage coaster are used for providing advertisement and trademarks of several brands. Beverage coasters are usually made of paperboard, tissue paper, foam, etc. which are expected to witness extensive growth during the forecast period 2017-2025.

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Global Beverage Coaster – Market Dynamics:

In recent years, beverage coaster market have seen a noticeable growth due to the usage in hospitality industry. Nowadays the trend for glass beverage coasters printed with different pictures of brands, sport franchise and advertise are getting traction. In addition, the increase in consumption of beverages due to improved lifestyle of consumers are driving the growth for the usage of beverage coaster across the globe. Furthermore, the trend for beverage coaster as a decorative item is also increasing the preference for beverage coaster. Moreover, the beverage coaster market is getting restricted due to intense competition from local manufacturers across the globe.

Global Beverage Coater Market – Regional Overview:

The global beverage coaster market can be divided into seven major regions which are as follows

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

The beverage coaster market in North America region is expected to remain supreme for the highest revenue growth as compared to markets of other regions. Beverage coaster market in India and China is expected to have considerable growth in terms of revenue. Furthermore, the growth of beverage coaster market in other parts of Asia Pacific is expected to be driven by increasing per capita disposable income and spending power among consumers in this region. The market for Latin America would also have a presence for beverage coaster and is expected to grow at a notable rate. The beverage coaster market in the MEA region is expected to witness a significant increase in revenue contribution from sales in GCC countries and South Africa.

Global Beverage Coaster Market – Key players:

Few of the key players in the beverage coaster market are The Katz Group Americas, Inc., Cangnan Worldwide Gifts Co., Ltd., Coaster Factory, Yangjiang Zhixiang Industry & Trade Co., Ltd., Guangzhou Artgift Trading Ltd., Shenzhen Longgang Jinweixin Silicone Product Factory, etc.

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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.

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, macro-economic 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 geography

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Global Beverage coaster – Market Segmentation:

The global beverage coaster market can be segmented by the material type, by printing technology, and by end user base.

On the basis of material type, the global beverage coater market is segmented into –

  • Paper
  • Paperboard
  • Tissue Paper
  • Foam
  • Glass
  • Others

On the basis of printing technology, the global beverage coater market is segmented into –

  • Digital printing
  • Offset printing
  • Flexography printing
  • Gravure printing
  • Screen printing
  • Others (Letterpress, etc.)

On the basis of end use, the global beverage coaster market is segmented into –

  • Food Service Outlets
  • Pubs & Lounges
  • Restaurants
  • Hotels
  • Fast Food Joints
  • Offices
  • Household
  • Others
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

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Gift Packaging Market Demand by Countries | | US, Canada, Mexico, Brazil, Germany, Italy, France, U.K.

Gifting is regarded as a way of expressing appreciation or gratitude. The culture of gift exchange has been evolving over the decades.

While exchanging gifts has been confined to the holiday or festival season, individuals are exchanging gifts on several occasions such as farewell parties, graduation parties, house-warming parties, and anniversaries.  Further, several companies recognize employees’ performance and offer incentives in the form of gifts.

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In its upcoming business report, FMI details the historical and current scenarios of the global Gift Packaging Market in terms of production, consumption, volume and value. This report studies the market into different segments, regions and players based on demand patterns and growth prospects.

The vital information and forecast statistics covered in the Gift Packaging Market report provide established and emerging market players with the insights they need to establish long-term strategies and maintain business continuity during crises such as the ongoing COVID-19 pandemic.

Analysis of the impact of COVID-19 on the gift packaging market

The recent COVID-19 outbreak has negatively impacted various markets in the packaging industry, and the gift packaging market is no exception. Products classified as ‘necessities’ continued to record strong sales, while demand for non-essential products plummeted.

In response to government action, particularly social distancing norms and stay-at-home orders, companies operating in the gift-wrapping market have stopped production. In addition, movement restrictions and supply chain disruptions have created a logistics nightmare for market participants, resulting in severe product shortages in global markets. Several market players plan to shift their supply chains from China, the first epicenter of COVID-19.

FMI’s report includes an interesting chapter on the preliminary impact of COVID-19 on the gift packaging market. This helps both major and emerging market players to understand market scenarios during crises and make sound decisions to gain a distinct competitive advantage.

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Gift Packaging Market: Segmentation

The valuable information covered in FMI’s Gift Packaging Market report has been segmented into major segments and sub-segments.

By packaging type

  • primary packaging
  • secondary packaging
  • tertiary packaging

By product type

  • gift box
  • container
  • ribbon and bow
  • gift sack

 by material

  • plastic
  • paper and cardboard
  • rail
  • Glass

 Gift Packaging Market: Competitive Analysis

FMI’s research provides a comprehensive analysis of global, regional, and country level players operating in the Gift Packaging market. Competitive information detailed in the Gift Packaging market report is based on each market player’s innovative product launches, distribution channels, local networks, industry penetration, production methods, and revenue generation. Additionally, growth strategies and acquisitions and acquisitions (M&A) activities related to players are included in the Gift Packaging Market report.

The key players covered in the report are:

  • Smurpit Kappa Group
  • Shenzhen Fuxiang Gifts & Packaging Co., Ltd. Ltd.
  • Ebro Color GmbH

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Important Questions Answered in Gift Packaging Market Report

  • Who will remain the highest revenue contributors in other regional markets?
  • At what rate did the global gift packaging market expand during the forecast period?
  • What will the global gift packaging market look like by the end of the forecast period?
  • What innovative strategies do gift packaging market players adopt to stay ahead of the pack?
  • What are the restrictions affecting the growth of the Global Gift Packaging 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 10-years.

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Access Control Market Insights, Deep Analysis of Key Vendor in the Industry 2021-2031

According to recently released data on Future Industry Insights’ (FMI) analysis of the access control market, the market would grow at a CAGR of 12.6% from 2021 to 2031, with revenue reaching US$ 15,371.0 Mn by the end of 2021. Fast inventive advancements in the IT and telecom industries are credited with fostering development. Modern improvements are now crucial to improving financial intensity, which is driving company sector growth.

The market is expected to be driven by how well access control systems are received across various industrial verticals. Modern organizations are increasingly concerned about data and information security to protect their data and other digital resources against threats.

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The COVID-19 epidemic has had an impact on every sector, prompting organizations to go digital to protect information and resources. Companies that invested in sophisticated change initiatives in the past have emerged stronger during emergencies. The resurgence of the Coronavirus infection has put networks and organizations under stress, making the use of actual security frameworks less effective than other ways to deter crime.

With the emergence of distributed computing and remote access offices, the security industry has experienced rapid transformation, which will likely increase demand for access control systems shortly. In comparison to the 8.1 percent CAGR recorded from 2016 to 2020, access control deals are predicted to increase at a 12.6 percent CAGR between 2021 and 2031.

In contrast to the previous decade, the security and controls market has altered due to the rapid expansion of distributed computing and access control. Emerging cloud-based technologies offer web- and cloud-based solutions for cost viability, ongoing research, simple information access, integration with various frameworks and programming, information sharing both internally and externally, variety, and adaptability.

Key Takeaways from the Access Control Market Study

  • Iris acknowledgment access control frameworks will observe the most noteworthy development rate at more than 16%, inferable from an interest in new biometric security arrangements through 2031.
  • The medical services area is expected to catch the biggest portion of 19.8% in 2021, upheld by security worries in medical care offices related to the utilization of EMR.
  • The U.S. will stay prevailing in North America with an 84.5% offer in 2021, upheld by quicker admittance to tech improvements in end-use verticals.
  • The market in Japan is relied upon to advance at a significant CAGR of near 17% through 2031, upheld by a tech-driven economy.
  • In the U.K., deals are relied upon to increment at a CAGR of over 15% over the following ten years, driven by positive government ventures and strategies.

Competitive Landscape

Key vendors of access control solutions are focusing on evolving their existing product and service portfolio. Some major players are Identiv, Honeywell International Inc., NEC Corporation, Johnson Controls, Bosch Security and Safety Systems, Assa Abloy AB, Thales Group, STANLEY Convergent Security Solutions,  Inc., 3M, Secom Co.,  Ltd., Dormakaba Holding AG, HID Global, Matrix Comsec Pvt. Ltd., Paxton Access Ltd., BioEnable Technologies Pvt Ltd., Spectra Technovision (India) Pvt. Ltd., ZKTeco India, Intellicon Private.

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Access Control Outlook by Category

By Component:

  • Hardware
    • Fingerprint Scanners
    • Facial Recognition Devices
    • Iris Scanners
    • Smart Cards
    • Others
  • Software
    • Integrated Access Control Software
    • Standalone Software/Middleware
    • Facial Recognition Software
    • Iris Recognition Software
    • Others
  • Services
    • Professional Services
      • System Integration & Installation
      • Security Consulting
      • Support & Maintenance
    • Managed Services

By System Type:

  • Fingerprint Access Control Systems
  • Face Recognition Access Control Systems
  • Iris Recognition Access Control Systems
  • Card-Based Access Control Systems
  • Others

By Industry:

  • IT & Telecom
  • BFSI
  • Military & Defense
  • Manufacturing
  • Healthcare
  • Transportation & Logistics
  • Government
  • Education
  • Others

By Region:

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

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Market Share, Demand Analysis, Growth, Trends, and Forecast for Visitor Management Systems through 2031

The global market for visitor management systems is expected to reach US$ 1.20 billion by 2021, according to Future Market Insights (FMI). The requirement for paperless administration in enterprises is driving up adoption of visitor management systems. By easing the automatic check-in procedure and automatically registering the information, visitor management software replaces the need for logbooks and registers. When used on-premises, digital badges replace printed or RFID cards and grant authority for internal access.

A visitor management system lowers the cost of stationery purchases as well as the cost of a dedicated human resource at the front desk to maintain visitor information. Since the system can authenticate visitors by issuing personalized visitor ID and digital badges, visitor management is becoming more and more popular.

Due to their focus on their customers and the high volume of visitors, they receive every day, banks and financial institutions are predicted to grow at a CAGR of 18.2 percent over the course of the projected year. The need for visitor management solutions is rising as a result of the need to manage and make visiting arrangements conveniently.

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Key Takeaways: Visitor Management System Market

  •  The global visitor management system market is estimated to register a CAGR of 15.6% during the forecast period of 2021-2031
  • The U.S. will remain a highly lucrative market for visitor management system, accounting for 85% of the market in North America
  • The U.K. will exhibit 17.3% Y-o-Y growth in 2021, emerging as a key market for visitor management system
  • Germany and France will remain other lucrative pockets within Europe
  • Japan and South Korea will emerge as bright spots for market players in East Asia

COVID-19 Impact to be Positive for Visitor Management System Market

Businesses are accepting reality and changing their business models to take the COVID-19 pandemic’s consequences into account. Organizations are implementing cutting-edge technologies and a range of solutions to guarantee company continuity. Additionally, they are using visitor control software more and more. While being entirely responsible for the safety of its employees, visitors, and contractors, some businesses are now required to welcome additional guests and contractors into their property.

Business security is improved by visitor management software, which also warns of potential risks. It has been created to assist organisations in accepting full responsibility for safeguarding the safety of their personnel, facilities, and intellectual property.

FMI has projected the visitor management system market is estimated to grow around 13% to 15% Y-o-Y from 2019 to 2021.

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Mobile Technology-based Cost-effective Visitor Management System for Smart Offices

By combining the capabilities of mobile technology with inexpensive WiFi modules, visitor management systems offer a practical technological solution for smart businesses. This is a cost-effective way to establish the system for controlling visitors in an office setting. The demand for mobile technology-based visitor management systems is being driven by the growing requirement for greater security and assuring health and safety. In order to send SMS and email notifications, record visitor information, and sign-in for guests and workers using an iPad, the web, or a mobile device, this system is also used.

Who is Winning?

HID Global, Greetly, piLOBI, Ezy Signin, SwipedOn, Envoy, Proxyclick, Vizitor Inc., and Traction Guest are just a few of the major companies in this sector.

For instance, HID Global introduced HID Signo in March 2020 to make it easier for businesses to adopt and manage enhanced security requirements.

Visitor Management System Market Key Segments

Component:

  • Visitor Management Software
  • Services
    • Integration & Implementation
    • Consulting
    • Support & Maintenance

Platform:

  • Web-based (Desktop App)
  • Mobile App

End User:

  • Gated Communities
  • Corporate Offices
  • Healthcare Facilities
  • Hospitality
  • Academic Institutions
  • Real Estate Property
  • Others

Region:

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

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More Valuable Insights on Visitor Management System Market

To make it easier for readers to understand and make money, FMI has divided its report on the visitor management system market into four main sections: solution (visitor management software, services), platform (web-based, mobile app), end user (gated communities, healthcare facilities, corporate offices, hospitality, academic institutions, real estate properties, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, 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 10-years.

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According to a report by FMI, the market for data centre infrastructure management is anticipated to reach US$5.6 billion by 2032

The Data center infrastructure management market size is expected to reach US$ 2 billion in 2022 registering a CAGR of 10.7% from 2022 to 2032. Energy efficient data centers are expected to exceed US$ 5.6 billion by the end of 2032.  Business has been experiencing an unprecedented data revolution since the recent boom in digital technology and transformation regarding storage, performance, security threats, and methods of communication.

With the adoption of internet-enabled devices over the years, the demand for data centers in various regions will continue to rise. With the rapid growth in development, the construction of data centers has increased significantly, increasing the need for DCIM solutions and services in the market. Furthermore, with the growing demand for green initiatives, government agencies across the region are working on new laws that will result in a reduction of carbon emissions, increased efficiency in energy usage, and so on.

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Key Takeaways:

  • On-premises deployment model data center infrastructure management segment to expand at a CAGR of 10.7% during the forecast period
  • The U.S. market is expected to reach US$ 2 Billion by 2022, growing at a CAGR of 10.5% by the end of the forecast period.
  • A growing number of IT sector businesses in China are expected to grow at a CAGR of 10% between the period of 2022-2032.
  • Data center infrastructure management had an absolute value of US$1.8 billion dollars in previous years.
  • With the increasing expansion of data centers in Japan, the market is expected to grow at a CAGR of 9% over the forecast period.

Data Center Infrastructure Management Market Landscapes

End users will reap the benefits of new technologies as new locations and technologies of data centers are introduced. One of the potential benefits of a strategic partnership is the ability to expand the company’s operational capabilities. Security breaches and data losses in the market can be reduced by providing businesses with smart and dynamic data centers.

  • In February 2022, Web Werks, an Indian data center company, will launch a new facility in Bengaluru. A new data center is being built by the company in Whitefield, its first in the state of Karnataka. It is projected that the first phase of delivery will be completed in Q4 2022. The building will provide 110,000 square feet of colocation space, 20 MVA of gross power, and 10MW of IT capacity when fully constructed.
  • In July 2021, an investment fund with a focus on Eastern Europe is planning to allocate more than €1 billion ($1.9 billion) to spend on digital infrastructure in the region. Investments in critical infrastructure in Central and Eastern Europe (CEE) will be carried out by the Three Seas Initiative Investment Fund (3SIIF), which was established in 2019. With specific attention being paid to the Three Seas region as well as the 12* countries that border the Baltic, Adriatic, and Black seas. In addition to renewable energy, it has recently invested in digital infrastructure and railways.

More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global data center infrastructure management market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

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Key Segments Covered in the Data Center Infrastructure Management Market Report

Data Center Infrastructure Management by Component:

  • Solution Data Center Infrastructure Management
  • Services Data Center Infrastructure Management

Data Center Infrastructure Management by Application:

  • Asset Management Data Center Infrastructure Management
  • Capacity Planning Data Center Infrastructure Management
  • Power Monitoring Data Center Infrastructure Management
  • Environment Monitoring Data Center Infrastructure Management
  • BI and Analytics Data Center Infrastructure Management
  • Others (Automated Workflow and Change Management, and Auditing and Reporting)

Data Center Infrastructure Management by Deployment Model:

  • On-premises Data Center Infrastructure Management
  • Cloud Data Center Infrastructure Management

Data Center Infrastructure Management by Data Center Type:

  • Enterprise Data Center Data Center Infrastructure Management
  • Managed Data Center Data Center Infrastructure Management
  • Colocation Data Center Data Center Infrastructure Management
  • Cloud and Edge Data Center Data Center Infrastructure Management

Data Center Infrastructure Management by Vertical:

  • Data Center Infrastructure Management for BFSI
  • Data Center Infrastructure Management for Government and Public Sector
  • Data Center Infrastructure Management for IT and ITeS
  • Data Center Infrastructure Management for Manufacturing
  • Data Center Infrastructure Management for Healthcare and Life Science
  • Data Center Infrastructure Management for Telecommunications
  • Data Center Infrastructure Management for Others (Retail and E-Commerce, Education, and Media and Entertainment)

Data Center Infrastructure Management by Region:

  • North America Data Center Infrastructure Management
  • Europe Data Center Infrastructure Management
  • Asia Pacific Data Center Infrastructure Management
  • Middle East and Africa Data Center Infrastructure Management
  • Latin America Data Center Infrastructure Management

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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.

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Through 2022–2030, the market for DC powered servers is anticipated to grow at a rate of 5%

The industry is expected to reach US$ 1.3 Bn by 2030, according to a report on the global DC-powered servers market from ESOMAR-certified Future Market Insights (FMI). The worldwide proliferation of 5G infrastructure and cloud computing technologies respectively is a major driver of demand.

As the world’s internet infrastructure made significant strides, opportunities abound in the telecom sector, which, according to FMI, is predicted to increase at a rate of about 10% per year by the end of 2021. High levels of electricity and power consumption in this industry are driving top suppliers to offer DC-powered servers that increase efficiency, opening up a wide range of prospects on the global market.

Rising instances of potential data breaches since the start of the coronavirus epidemic have forced businesses to spend money on top-notch security technologies. Data leaks were becoming more common even before the pandemic outbreak. Norton, a provider of security solutions, noted a 54% increase in reported breaches in 2019. Government efforts to prevent these occurrences have so improved growth prospects; Future Market Insights projects a valuation of over US$ 200 Mn by the end of 2021.

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Key Takeaways

  • Global DC powered servers market to expand at a staggering 8.2% value CAGR through 2030
  • Rackmount servers to hold leading market share, blade servers acquiring substantial momentum
  • By power rating, 48V DC power servers to experience double-digit annual growth
  • Data centers to remain primary application area, followed by IT Enterprises, collectively expanding at a Y-o-Y rate exceeding 13% by 2021-end
  • India to emerge as a highly lucrative market, expanding at over 8.2% CAGR through 2030

Competitive Landscape

The FMI research lists Dell Technologies, IBM Corporation, ABMX Servers, Lenovo, Intel Corporation, Perle Systems, Vertiv, Cepoint Networks LLC, HPE, and Island Computers US Corp. as leading powered server suppliers. By engaging in significant R&D initiatives and capacity expansion plans, these businesses are concentrating on enhancing their inventive capacities to distribute sophisticated products.

For instance, HPE opened a new Customer Experience Center (CEC) in Bengaluru, India, in January 2020 to provide cutting-edge IoT solutions to clients and partners across a range of industries. This move is anticipated to serve as a stimulus for the further growth of the powered server market.

Established competitors, like ABMX Servers, have diversified their product lines to better meet the needs of various servers. Custom servers (1U, 2U, 3U, and 4U), storage servers (JBOD expansion, SSD storage, iSCSI SAN & NAS), and supermicro servers (SuperServers, Twin Servers, Blade Servers, and Micro-Cloud) are among the products offered by the firm.

Additionally, Perle Systems sells the IOLAN Console Server, which has 18, 34, or 50 Console Management Ports, a modular design that supports RS232, RJ45, and USB 3.0 interfaces, integrated centralised management software that unifies network and IT infrastructure into a single application, and an optional integration of 4G LTE Cellular, Wi-Fi, or V.92 modem for a variety of backup access options in case of network outages.

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More Insights on FMI’s DC-powered servers Market Report

In its latest study, Future Market Insights provides an objective overview of the global DC powered servers market by examining historical demand from 2015 to 2019 and predict data from 2020 to 2030. Based on type (DC powered rackmount server, DC powered tower server, and DC powered blade server), power rating (12 V DC Power, 24 V DC Power, and 48 V DC Power), and application (telecom, data centres, IT enterprises, government, energy & utilities, and others), the study provides growth projections for the DC powered servers market across six major regions.

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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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Market for Digital Commerce Platforms is Expected to Reach US$ 7.85 Billion by 2029 | FMI

The market for worldwide digital commerce platforms is anticipated to grow from a value of US$ 3.41 billion in 2022 to US$ 7.85 billion by 2029, expanding at an amazing CAGR of 12.6%.

Digital Commerce Platform Market Size (2022) US$ 3.41 Bn
Sales Forecast (2029) US$ 7.85 Bn
Global Market Growth Rate (2022 to 2029) 12.6% CAGR
Share of Top 5 Market Players 50%

The Digital Commerce Platform Market growing at an exceptional CAGR of 12.6% during the forecast period 2022-2029, with a valuation of US$ 7.85 Bn by 2029. Over the years, e-commerce has made significant strides, with consumers spending over US$ 3 trillion on online purchases as of the previous financial year. This number has expanded nearly sevenfold as of today. This is a welcome development for prominent digital solution platform providers in the coming years. Of specific importance is the emergence of subscription-based e-commerce platforms, particularly in the media & entertainment segment, is generating lucrative expansion opportunities.

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Key Takeaways

  • Design & implementation services to register maximum incline by component type
  • High uptake is likely across small & medium enterprises, expanding at over 14% volume CAGR through 2029
  • Consumer electronics sales to witness maximum expansion, followed by fashion & apparel products
  • North America to remain the dominant digital commerce market, East Asia to expand the fastest

COVID-19 Impact Analysis

As the COVID-19 pandemic tightens its grip on the global economy, businesses are increasingly relying on virtual platforms to conduct their operations. Since the pandemic’s onset, global e-commerce sales figures have been aggrandized. The United States, for instance, is likely to experience over 40% e-commerce by 2020-end.

The overall impact of the pandemic crisis is highly diffused. While categories such as ICT/electronics, pharmaceuticals, PPE and groceries have surged, segments such as sports equipment, formal clothing and travel & tourism have witnessed a substantial decline. In South Korea, e-commerce transaction value rose by nearly 16% between July 2019 and July 2020.

The trend of online buying is expected to outlast the COVID-19 pandemic, with consumers finding it highly convenient to make online purchases and greater access to internet devices. Although vaccine administration has begun, it will be a while before it is available globally, prompting consumers to observe social distancing protocols.

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Competitive Landscape

Leading players in the global digital commerce platforms market are leveraging the ever expanding global virtual space to introduce technologically sophisticated solutions to potential clients. These players offer both B2B and B2C solutions to retain a broader customer base.

For instance, in July 2020, Unilog Content Solutions announced a partnership with Acumatica to offer the Acumatica Marketplace platform through which reselling partners can avail access to complimentary applications to enhance functionality of B2B e-Commerce solutions.

Similarly, in October 2020, Kentico Software launched the Kentico Xperience 13 digital experience platform for marketers and developers with new updates and features. The release is part and parcel of its rebranding of the Kentico EMS product to enhance content management, commerce and digital marketing capabilities.

Key Segments of Digital Commerce Platform Industry Survey

Digital Commerce Platform Market by Component:

  • Digital Commerce Platform Solutions
    • Digital Commerce Platforms
    • e-Commerce APIs
  • Digital Commerce Platform Services
    • Design & Implementation
    • Consulting
    • Support & Maintenance

Digital Commerce Platform Market by Enterprise Size:

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

Digital Commerce Platform Market by End-use Industry:

  • Food & Beverages
  • Fashion & Apparels
  • Health & Beauty
  • Electronics
  • Automotive
  • Home & Furniture
  • Media & Entertainment
  • Others

Digital Commerce Platform Market by Region:

  • North America Digital Commerce Platform Market
  • Latin America Digital Commerce Platform Market
  • Europe Digital Commerce Platform Market
  • East Asia Digital Commerce Platform Market
  • South Asia & Pacific Digital Commerce Platform Market

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More Valuable Insights on Digital Commerce Platform Market

In its latest report, Future Market Insights offers an unbiased analysis of the global digital commerce platform market, providing historical data for period of 2014-2018 and forecast statistics for the period of 2022-2029. To understand opportunities in the digital commerce platform market, the market is segmented on the basis of component (solution, services), enterprise size (small and medium enterprises, large enterprises), and end-use industry (food & beverages, fashion & apparel, health & beauty, electronics, home & furniture, automotive, media & entertainment, others), across seven major regions.

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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.
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/digital-commerce-platform-market
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Market for Endpoint Protection Platforms (EPP) 2022: Demand, Growth, and Forecast Through 2030

The Endpoint Protection Platforms (EPP) Market is predicted to surpass US$ 3.63 Bn in 2022 to US$ 7.82 Bn by 2030 and display a remarkable 7% CAGR between 2022 and 2030. Endpoint protection platform solutions have become highly sought-after particularly since an increasing number of companies are adopting the “Bring your own device (BYOD)” method. According to a new study by Future Market Insights (FMI), this will create lucrative prospects for the expansion of the endpoint protection platform market.

Endpoint Protection Platforms Market Size (2022) US$ 3.63 Bn
Sales Forecast (2030) US$ 7.82 Bn
Global Market Growth Rate (2022 to 2030) 7% CAGR
Share of Top 5 Market Players 50%

Cases of cyber-attacks have been rising consistently. With organizations around the world adopting a remote-working model, especially to contain the spread of COVID-19, cyber-security has become more vulnerable than ever before. Endpoint protection platforms provide security and protect electronic devices from malware attacks and data breaches. They are used to protect a number of electronic devices such as smartphones, laptops, computers, tablets, and others.

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Organizations have begun investing in endpoint protection platforms to avoid breaches and ensure privacy and protection of information. FMI’s study uncovers hidden opportunities in the endpoint protection platform market, besides highlighting potential threats. Some of the key takeaways from the report are highlighted below.

Key Takeaways from the Endpoint Protection Platform Market Report

  • The endpoint protection platform market is expected to grow at a CAGR of 10% between 2020 and 2030
  • The market is projected to reach a valuation of US$ 7.8 Bn value by the end of 2030
  • The demand for endpoint protection has increased in the finance and health industry because they have been focusing on digitizing data
  • Growth witnessed in the South Asia & Pacific market is expected to be considerably high, yet North America is likely to remain dominant throughout the forecast period

COVID-19 Impact Analysis

The COVID-19 outbreak has affected various sectors including IT due to which there has been a decline in the market growth. But the increase in remote workplaces is expected to cause a rise in demand for endpoint protection platforms.

There has been an increase in cyber-attacks due to the pandemic and this has led to increasing adoptions of endpoint security solutions. Since remote working is being embraced by companies all over the globe and is expected to continue being a part of future work models, the endpoint protection platform market is predicted to exhibit positive growth trajectory through the forecast period.

Who Is Winning?

As technology is evolving, threats to security are also becoming more complex and tricky. Hence players are working to upgrade their technology and plans to improve privacy protection in devices. Cloud computing has become popular among companies as it allows employees to store data in one platform and access it from any device.

Cloud storage can be used from anywhere and at anytime. Cloud based endpoint protection platforms allow companies to secure all devices in the cloud, making it a viable option for enterprises and individuals.

Some of the key players in the endpoint protection platforms market are Carbon Black, Intel Corporation, New Net Technologies LLC, Palo Alto Networks, Microsoft, Cisco Systems, McAfee, Symantec Corporation, GoSecure Inc, Trend Micro Inc., Druva Inc., Sophos Ltd., F-Secure, Kaspersky, FireEye, CrowdStrike, Fortinet and Check Point Software Technologies.

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Endpoint Protection Platforms Industry Survey

EPP Market by Solution:

  • Endpoint Protection Platforms (EPP)
  • Services
    • Professional Services
    • Managed Services

EPP Market by Deployment Mode:

  • On-premise Endpoint Protection Platforms
  • Cloud-based Endpoint Protection Platforms

EPP Market by Enterprise Size:

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

EPP Market by Industry:

  • Government and Defense
  • Banking, Financial Services, and Insurance (BFSI)
  • IT and Telecom
  • Retail and e-Commerce
  • Energy and Utilities
  • Manufacturing
  • Education
  • Others

EPP Market by Region:

  • North America Endpoint Protection Platforms Market
  • Latin America Endpoint Protection Platforms Market
  • Europe Endpoint Protection Platforms Market
  • East Asia Endpoint Protection Platforms Market
  • South Asia & Pacific Endpoint Protection Platforms Market
  • Middle East & Africa (MEA) Endpoint Protection Platforms Market

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Valuable Insights into Endpoint Protection Platform Market

In its latest report, Future Market Insights (FMI) has presented a detailed analysis of the endpoint protection platform market with a brief analysis of the forecast period of 2022-2030. The market has been divided into several segments in order to conduct a detailed assessment.

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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:                        

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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/endpoint-protection-platforms-market
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From 2022 to 2030, the market for AI-enabled testing tools is predicted to grow at a stellar 16.9% CAGR

According to a latest report by Future Market Insights (FMI), global AI-enabled testing tools market revenues will grow at over 13% CAGR through 2030.

AI-Enabled Testing Tools Market Size (2022) US$ 364.5 Mn
Sales Forecast (2030) US$ 1.27 Bn
Global Market Growth Rate (2022 to 2030) 16.9% CAGR
Share of Top 5 Players 50%

Telecom firms are leveraging the potential of AI to manage and assess large volumes of big data in an effort to draw actionable insights and offer better customer experience (CX), enhance operations, and boost revenue with better quality products and services.

With FMI projecting that 20.4 billion connected devices will be in use globally by 2020, more communication service providers (CSP) are unleashing the power of AI-enabled maintenance and testing tools in telecom industry.

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AI-enabled Testing Tools Market: Key Takeaways

  • Deployment of AI-enabled testing tools will rise at about 13% CAGR during 2020-2030
  • Adoption of machine learning and pattern recognition for deploying AI-enabled testing tools to remain prominent
  • North America will remain epicenter of value-capture opportunities, given strong presence of technology pioneers
  • Market players to focus on R&D as well as deployment of ML-based multiple agent archetype

COVID-19 Impact on AI-enabled Testing Tools Market

With work from home (WFH) becoming the new normal amid the COIVD-19 pandemic, deployment of enterprise-level information and communication technology (ICT) is climbing.

Telecom operators are subsequently banking on remotely operable solutions and automation enhancement tools in a bid to assure optimal functioning and counter lag in productivity. This, is turn, is fueling adoption of AI-enabled testing tools, particularly in North America, Europe, and Asia Pacific (APAC).

AI will help telecom industry reimagine customer relationships by recognizing contextualized requirements and interacting with customers via hyper-customized one-to-one contacts.

AI-enabled Testing Tools Market – Competitive Intelligence

Strategic collaborations and acquisitions have become key priority for established as well as emerging players in AI-enabled testing tools market. These firms are increasingly investing in R&D activities along with their peers to stay ahead of curve. For instance,

  • Perforce Software – enterprise-level development lifecycle software solution provider – has taken over TestCraft Technologies Ltd. in a bid to expand its portfolio with AI-integrated codeless testing solution of the latter that performs autonomous codeless tests and curbs maintenance needs.
  • Appvance.ai – provider of AI-driven testing tools – has entered into collaboration with Innominds – software engineering service provider – with an aim to develop and deploy AI-enabled maintenance and testing tools in telecommunications industry.

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AI-Enabled Testing Tools Industry Survey

AI-Enabled Testing Tools Market by Solution:

  • AI-based Tools
  • Services

AI-Enabled Testing Tools Market by Technology:

  • Machine Learning and Pattern Recognition
  • Natural Language Processing (NLP)
  • Computer Vision and Image Processing

AI-Enabled Testing Tools Market by Application:

  • Agility and Coverage
  • Quality and User Experience (UX)
  • Efficiency and Time-to-Market

AI-Enabled Testing Tools Market by Region:

  • North America AI-Enabled Testing Tools Market
  • Latin America AI-Enabled Testing Tools Market
  • Europe AI-Enabled Testing Tools Market
  • East Asia AI-Enabled Testing Tools Market
  • South Asia & Pacific AI-Enabled Testing Tools Market
  • Middle East & Africa (MEA) AI-Enabled Testing Tools Market

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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.

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Future Market Insights Inc.
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Market for Remote Desktop Software to Experience Massive Growth Between 2022 and 2030

The Remote Desktop Software Market is currently valued at US$ 2.31 Bn in 2022 and US$ 5.9 Bn in the year 2030, likely to surge at a vigorous 12.4% CAGR during the assessment period 2022 – 2030. The report attributes the growth of the market to continual demand in IT and telecommunication sectors, coupled with the penetration of the internet and computers into the manufacturing and healthcare sectors at a healthy pace. Similarly, the advent of cloud computing technologies has also been identified as a crucial growth attribute.

Remote Desktop Software Market Size (2022) US$ 2.31 Bn
Sales Forecast (2030) US$ 5.9 Bn
Global Market Growth Rate (2022 to 2030) 12.4% CAGR
Market Share of Top 5 Industry Players 50%

Furthermore, the report opines that the COVID-19 pandemic will catalyze the demand for remote desktop software as organizations across the world adopt remote working cultures and seek solutions that aid in keeping their day-to-day operations intact. This is expected to give a major boost to the remote desktop software market.

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Key Takeaways

  • Adoption of remote desktop software solutions will remain concentrated across small & medium enterprises, which account for nearly 3/5th of market value.
  • Cloud-based remote desktop software remains the most popular deployment type, capturing more than 2/5th of global value.
  • Based on end-use, the IT & telecommunication sector will hold over 30% of market value, owing to high reliance on computers.
  • South Asia & Pacific will reign supremacy over the regional landscape, backed by the presence of a flourishing IT sector that offers support services to IT firms worldwide.
  • North America and Europe and will cumulatively account for nearly 2/5th of market value.

COVID-19 Impact

The outbreak of COVID-19 has positively influenced the growth trajectory of the remote desktop software market, creating a significant upsurge in the demand for these solutions. In the first quarter of 2020, numerous organizations across the world have adopted remote working models to ensure their operations remain unhindered.

On this premise, the demand for remote desktop software has witnessed an uptick as it aids in support services by eliminating the need for in-person examination in times of social distancing. Furthermore, as the work-from-home model has emerged as a new normal, the demand for remote desktop software will persist high for the years to come.

Who is Winning?

Players in the remote desktop software market are directing their efforts to launch innovative services with advanced features such as two-way communication, screen recording, high safety, etc. Launching software for multiple operating systems and offering effective customer support have also been identified as key growth strategies. On these lines:

  • In April 2020, HP Enterprises announced a high-performing virtual desktop infrastructure designed to bolster remote working.
  • In August 2018, Microsoft announced the launch of its mobile app that enables users to access computer using mobile devices

FMI’s report includes profiles of some of the most prominent names in the market including ConnectWise, Microsoft, TeamViewer, Splashtop Inc., AnyDesk, Zoho Assist, RealVNC Limited, BeyondTrust Corporation, LogMeIn, Inc., Techinline, Goverlan, Inc., and ISL Online, among others.

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Remote Desktop Software Industry Survey

Remote Desktop Software Market by Deployment Type:

  • On-premise Remote Desktop Software Solutions
  • Cloud Remote Desktop Software Solutions
  • Web-based Remote Desktop Software Solutions

Remote Desktop Software Market by Enterprise Size:

  • Small & Medium Enterprises
  • Large Enterprises

Remote Desktop Software Market by End Use:

  • Government
  • IT & Telecommunications
  • BFSI
  • Healthcare
  • Retail
  • Education
  • Media & Entertainment
  • Others

Remote Desktop Software Market by Region:

  • North America Remote Desktop Software Market
  • Latin America Remote Desktop Software Market
  • Europe Remote Desktop Software Market
  • East Asia Remote Desktop Software Market
  • South Asia & Pacific Remote Desktop Software Market
  • Middle East & Africa (MEA) Remote Desktop Software Market

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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
Report: 
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