Market Research Blog – Page 11450 – New Product Development

ePayment System Market Key Players, SWOT Analysis, Key Indicators & Forecast by 2031

The worldwide ePayment system market is supposed to extend at a CAGR of 17.7% over the figure period (2021-2031). The development can be credited to the developing interest for ongoing installments combined with expanding web infiltration across different nations. According to the most recent Future Market Insights (FMI) study, the market valuation is supposed to outperform roughly US$ 89.2 Bn in 2021.

The installments scene has experienced important change in the new years. Progressions in innovation have prompted significant changes with installments turning out to be quicker, simpler and more helpful. The worldwide ePayment system market is assessed to be driven by specialized progressions in the product business, and the development of online business in created and emerging countries.

The reception of ePayment systems is developing quickly, and, sooner rather than later, it will set out possible open doors for ePayment arrangement and specialist co-ops. Buyers across districts like Europe and North America, and a few nations in East Asia and South Asia and Pacific, are utilizing different computerized installment techniques.

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Furthermore, increasing Internet banking and Internet shopping have significantly pushed the use of ePayment system across the globe. The market for ePayment systems has shown significant growth over the last few years due to the increasing adoption of advanced technologies. With advancements in technology, there has been a rise in the demand for ePayment systems.

Key Takeaways from ePayment System Market Study

Based on deployment, the cloud segment is expected to dominate the market through 2031, owing to the rising popularity of cloud computing and analytics.
Based on enterprise size, the large enterprises segment is expected to dominate the market through 2031 owing to the growing need to digitize their payment landscape.
The BFSI segment is expected to hold the largest share in the global ePayment system market in 2021, based on industry.
China will continue leading the East Asia market, registering a CAGR of over 18.9% through 2031.
The U.S. market is projected to expand at a CAGR of 18.2% through 2031, owing to the due to early adoption of upcoming technologies and presence of established and upcoming payment technology providers in the country.
The UK is anticipated to hold the lead in Europe, exhibiting a CAGR of 18.5% through 2031.

Who is winning?

The moderately consolidated ePayment system market is characterized by players who are increasingly focusing on the development of new product offerings in addition to strategic endeavors towards geographical expansion.

Prominent players in the ePayment system market include but are not limited to ACI Worldwide, Aliant Payments, Alipay, Apple Pay, FIS, Fiserv, Global Payments, Intuit, JPMorgan Chase, Mastercard, PayPal, Paysafe, PayTrace, PayU, Spreedly, Square, Stripe, Visa, Worldline, and 2Checkout, among others.

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More Valuable Insights on ePayment System Market

A revised market research report published by Future Market Insights (FMI) on the global ePayment System market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031.The report provides valuable insights on the basis of component solution (payment gateway solution, payment processing solution, payment wallet solution, payment security and fraud management solution, and point of sale (POS) solution); and services (professional services, and managed services); deployment(cloud and on-premises); enterprise size (small & medium enterprises (SMEs) and large enterprises); and Industry (BFSI, retail and eCommerce, healthcare, media & entertainment, IT & telecom, transportation & logistics, and others), and across six major regions.

What Is the Impact of COVID-19 Crisis on ePayment System Growth?

COVID-19 has impacted every sector. Due to social distancing norms implemented to contain the spread of the virus, organizations are transforming towards digitalization to ensure overall safety employees and staffs.

The COVID-19 outbreak has disrupted many industries. Different end-use verticals have suffered heavily as a result of mobility and travel restrictions implemented to protect public health against the infection.

The pandemic has compelled companies to rethink how and where the employees work as well as how to control them. This has resulted in increasing reliance on digital services. The pandemic also has reinforced the trend of digital payments and mCommerce, across payment types and demographics.

Owing to this, there has been rise in demand for ePayment solutions and services across different industry verticals. Driven by this the ePayment system market is estimated to witness a growth from around 12.5% to 14.6% Y-o-Y from 2019 to 2021.

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ePayment System Outlook by Category

By Component, ePayment System Demand is segmented as:

Solution
Services

By Deployment, ePayment System Demand is segmented as:

Cloud
On-premises

By Enterprise Size, ePayment System Demand is segmented as:

Small & Medium Enterprises (SMES)
Large Enterprises

By Industry, ePayment System Demand is segmented as:

BFSI
Retail
Healthcare
Media & Entertainment
IT & Telecom
Transportation & Logistics
Others

By Region, ePayment System Sales is segmented as:

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

Table of Content

Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Payment Technology Innovation / Development Trends

3.3. Key Success Factors

To Continue TOC…

About Us

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

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Machine Safety Market Expectations & Growth Trends Highlighted Until 2031

The worldwide machine safety market income added up to ~US$ 4.8 Bn in 2020, as per Future Market Insights (FMI). The general machine safety market is supposed to arrive at ~US$ 9.4 Bn by 2031, developing at 6.4% CAGR. As indicated by another report from Future Market Insights named “Machine Safety Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),”

The steady advancement of new machine safety gear, which is likewise supporting the market’s development, is credited with this developing income development. Because of the presence of unmistakable market members like Honeywell International Inc., Rockwell Automation, Inc., ABB Group, and others, the United States is probably going to be the significant market in the overall machine safety market. China and India, both arising countries in Asia Pacific, have huge market potential.

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The Competitive Landscape of the Global Machine Safety Market

Some of the key companies in the global market for machine safety that have been profiled in detail in this report include Honeywell International Inc., ABB LTD., Rockwell Automation, INC., Mitsubishi Electric Corporation, Schneider Electric S.A., Eaton CORP. PLC, Datalogic S.p.A., OMRON Corporation, SICK AG, K. A. Schmersal Gmbh & CO. KG., and elobau GmbH.

Global Machine Safety Market: Restraints

Complexities in fulfilling environment health and safety regulations
Increasing competition for machine safety product manufacturers leading to a need to maintain quality at low cost
Lack of awareness about machine safety especially in the developing countries of Eastern Europe such as Bulgaria, Hungary, Poland, and Romania
Insufficient testing equipment and laboratories for machine safety equipment
Functioning of industries on low operating margins, especially in the APEJ region
Availability of counterfeit products in the global market
Lack of understanding of machine safety applicability

Global Machine Safety Market: Forecast by Region

North America and Western Europe were the dominant markets in 2016 in terms of revenue sales of machine safety equipment. Countries in North America and Western Europe such as the U.S., the U.K. and France are expected to be key markets for sustainable revenue generation in the global market.

New innovations in products are expected to remain as the key strategy for players in this market to increase their sales growth. In terms of value, Western Europe is projected to be the most attractive market in the global machine safety market during the forecast period. In 2017, the market in Western Europe is estimated to be valued at US$ 662.1 Mn and is expected to witness steady growth in terms of revenue throughout the forecast period.

Global Machine Safety Market: Forecast by End Use Industry

By end use industry, the market is segmented into automotive, food & beverages, packaging, material processing, pharmaceuticals, electronics & semiconductors and others. The automotive segment is expected to witness a high market attractiveness index over the forecast period. This segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 8.6% during the forecast period.

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Global Machine Safety Market: Forecast by Product Type

Product type includes emergency stop control, safety sensors, safety interlock switches, programmable safety system, safety modules and others. Safety interlock switches segment is further sub segmented into electromechanical (Keyed & Unkeyed), hinged pin, limit, non-contact, tongue, and trapped key. Non-contact segment is sub-segmented into RFID, hall, and REED. Safety sensors segment remains the key segment and is estimated to account for over 20% of the revenue share in the global machine safety market by 2017 end.

Machine Safety Market – Competitive Landscape

Companies operating in the market are aiming at innovation and strategic partnerships with other vendors in order to expand their portfolio of services while addressing the demand from an expanding customer pool. For instance:

In October 2021, OMRON Corporation announced the launch of its new inspection system, the VT-S10 Series. The new inspection system makes use of artificial intelligence and imaging technology in order to automate high-precision processes for PCB sub-assemblies, thereby eliminating the need for specialist operator skills. The newly launched system shall help in ensuring the security and safety of the production.
In June 2019, Schneider Electric, announced the launch of Smart Factory in the US, in order to exhibit how its EcoStruxure architecture and related suite of offerings can reduce costs for its customers and support increasing operational efficiency.

Market players are also focusing on entering into partnerships with other solution providers to target new innovations within the market. The strategy helps companies to broaden their geographic reach with additional service portfolios.

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Machine Safety Outlook by Category

By Component:

Presence Sensing Safety Sensors
Safety Interlock Switches
Programmable Safety Systems
Safety Modules
Emergency Stop Controls
Others

By Industry:

Automotive
Food & Beverages
Packaging
Material Processing
Pharmaceuticals
Electronics & Semiconductors
Others

By Region:

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

Table of Content

Executive Summary

1.1. Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Key Trends Impacting the Market

3.1. Key Trends Impacting the Market

3.2. Machine Safety Rules and Regulations

Machine Safety – Pricing Analysis

4.1. Pricing Analysis, By Solution

4.2. Average Pricing Analysis Benchmark

COVID-19 Pandemic Crisis Impact Analysis

5.1. Impact of COVID-19 Pandemic Crisis on Machine Safety Market

5.1.1. Pre-COVID-19 Market Growth Analysis

5.1.2. Post-COVID-19 Market Growth Analysis

5.2. Expected Recovery Scenario (Short Term/Mid Term/Long Term)

5.3. Key Action Points for Machine Safety Solution Providers

To Continue TOC…

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Blockchain Market Anticipated to Have Prodigious CAGR of 34.1% During the Period of 2022-2032

The blockchain market is expected to advance at a CAGR of 34.1% throughout the forecast period, from US$ 8.3 Bn in 2022 to US$ 155 Bn in 2032. As per the global blockchain market study, the demand for cryptographic ledger solutions to increase due to increased identity and data theft activities. To protect end-user financial data and identity, BFSI firms are turning to digital ledger technologies.

Cross-border transactions, processing and settlements, trade finance networks, digital identity verification, and credit reporting are among the technology applications gaining traction in the BFSI market. This is projected to help the blockchain market expand. The blockchain market growth will be hampered by a scarcity of skilled professionals.

Threats and cyberattacks have escalated as industries have embraced digital change. Organizations, on the other hand, face a scarcity of competent experts to deal with risk issues.

As a result, technologically advanced solutions are being adopted slowly, which is expected to have an impact on blockchain market growth in the coming years. Furthermore, developing countries such as India, Peru, and Mexico, among others, face a lack of awareness regarding data security risks.

As a result, blockchain market adoption trends are expected to remain flat for a few years. The legalization of bitcoin stimulates further investment in blockchain technology by businesses and investors. It also pushes the blockchain market players to put in more effort to enhance their services in order to obtain a competitive advantage.

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Key Takeaways

The BFSI industry is predicted to have a substantial market share due to the rising use of digital ledger solutions and services by financial institutions to streamline company processes and reduce operating expenses.
In the blockchain industry, North America is expected to have the greatest market share. Early acceptance of blockchain and the presence of several producers offering privacy and blockchain solutions are projected to fuel the region’s market rise.
The blockchain platform segment is expected to advance at a CAGR of 33.4% throughout the forecast period.
The US blockchain market size is expected to reach a valuation of US$ 55.2 Bn by 2032.
The payments segment is likely to command a higher share of the blockchain market. The technology improves the transparency, cost-effectiveness, and operational efficiency of payment systems.

Competitive Landscape

The blockchain market’s competitive landscape is highly fragmented by nature. Companies are concentrating on tactics to strengthen their market positions, such as mergers and acquisitions.

Blockchain market participants are also concentrating on improving their product offerings in order to better respond to changing user wants and remain competitive. As a result, market participants are increasing their R&D spending in order to improve their product offers. In addition, the companies are partnering with institutions all around the world to encourage technological development, academic research, and innovation in the field of cryptocurrency and blockchain technology.

IBM, Blockcypher, AWS, Huawei, Intel, Oracle, Accenture, Guardtime, Wipro, Bitfury, Symbiont, SAP, Cegeka, and BigchainDB are some of the most creative blockchain vendors.

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Recent Developments:

Amazon Web Services launched ethereum on its managed distributed ledger in March 2021. This approach aids developers in determining ethereum nodes without having to deal with the complexities of infrastructure operation and setup.

BIGG Digital Asset Inc. and Blockchain Foundry Inc. joined in June 2021. This collaboration is likely to let enterprises offer forensic and risk-scoring services to stablecoin and fractional NFT creators.

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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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3D ICs Market Development Status, Competition Analysis, Type and Application 2030

The 3D ICs are advanced technology which supports in designing and developing latest consumer goods by decreasing the size of components used in these devices. In addition to this, they provide better speed, efficiency, memory, and durability to these upcoming devices. Resultantly, 3D ICs are gaining popularity in several industries, thereby leading to a drastic increase in demand globally.

Rising microelectronics & semiconductor landscape is creating a trend of integrated circuits (ICs) that are vertically stacked, which is becoming a profitable solution for increased functionality, providing elevated performance, and decreasing power consumption to meet the electronic device’s requirement.

These ICs are witnessing tremendous demand by the medical, aerospace, military and consumer electronics sector. This helps in fulfilling the requirements of integrating disparate technologies, which includes the memory, logic, RF, and sensors in small forms for industrial applications.

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The semiconductor industry is witnessing the emergence of 3D packaging trend using through-silicon vias (TSVs) technology. Emerging trend is driven by the need to reduce timing delays and enhancing the performance.

High aspect ratio, low cost, and formation & fillings technologies are necessary for today’s semiconductor industry. With an increase in functional integration requirements, water and assembly fabrication organizations are looking for 3D TSV technology.

Propagation of IoT-based devices and mounting awareness for energy efficient is triggering numerous manufacturing companies to innovate and improve their products by adopting 3D integrated products.

3D ICs Market: Driver & Restraint

Increase in Demand for Consumer Electronics Thrive Market Growth

Rise in demand for compact and high-performance ICs in computers, laptops, tablets, mobile phone and all other consumer electronic products is expected to increase the demand for 3D ICs.

These are among the major factors encouraging the growth of the market. Better performance and higher band width, which is a mandatory aspect in manufacturing of energy efficient devices such as 3D LEDs

Growing R&D investments coupled with strategic partnerships amid the market players is anticipated to increase the applications of these 3D ICs. For instance, in August 2020, Samsung Electronics launched silicon-proven 3D IC packaging technology- eXtended-Cube (X-Cube) for next-gen high performance applications such as artificial intelligence AI, 5G, virtual reality (VR), augmented reality (AR), and wearable devices.

The development leverages TSV technology that enables significant leaps in data transfer power and speed efficiency in order to meet the growing performance demand for advanced applications.

3D ICs Market: Competition Landscape

Examples of some of the market participants in the global 3D ICs market identified across the value chain include

Toshiba Corporation
Samsung Electronics Co. Ltd.
Broadcom Ltd.
ASE Group
STMicroelectronics
Taiwan Semiconductor Manufacturing Co. Ltd.
United Microelectronics Corporation
Intel Corporation
Amkor Technology
Xilinx Inc.

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The report covers exhaustive analysis on

3D ICs Market Segments
3D ICs Market Dynamics
3D ICs Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Technology
Value Chain of the Market
Market Drivers and Restraints

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia and Pacific Excluding Japan (India, Malaysia, Indonesia, Singapore, Australia & New Zealand, Rest of South Asia and Pacific)
Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)

3D ICs Market: Segmentation

The 3D ICs market can be segmented on the basis of product type, substrate type, application, industry verticals and region.

Product Type:

3D Stacked ICs
True 3D ICs

Substrate Type:

Silicon on insulator(SOI)
Bulk silicon

Application:

Memory
LED
MEMS
Sensor

Industry Verticals:

Automotive
Consumer Electronics
Healthcare
Military & Defense
IT & Telecommunication
Others

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Clickstream Analytics Market Outlook, Current and Future Industry Landscape Analysis 2030

The Clickstream analytics is a method of automating the process of collecting data pertaining to the number of visits to a webpage and the order of visits and analyzing it to generate actionable website development insights. The path followed by a website visitor and the mouse clicks used to pursue the path is referred to as clickstream.

There are two primary levels in clickstream analytics, namely e-commerce analytics and traffic analytics. E-commerce analytics collects clickstream data to analyze the effectiveness of a website as a channel-to-market. Clickstream analytics for e-commerce focuses on the pages that a visitor lingers on, products added to or removed from cart, product purchases, use of coupon codes or loyalty programs, and preferred made of payment.

Traffic analytics is performed on the server level and it tracks the number of pages served to the visitor, the time taken by each webpage to load, use of stop or back button in the browser, and volume of data transmitted before the visitor moves on.

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Clickstream Analytics: Market Drivers and Challenges

High demand for clickstream analytics technology is being observed on a global level owing to the ever-growing e-commerce industry and high penetration of Internet. Huge volumes of unstructured website visitation data is gathered using clickstream analytics.

Therefore, many e-commerce businesses are procuring Big Data analytics platforms, such as Hadoop, in order to interpret the collected data and generate reports and actionable insights which could be used to enhance webpages and user experience.

Solution providers are deploying clickstream analytics platforms in conjunction with traditional market evaluation and dedication resources. This factor is estimated to continue propelling the adoption of clickstream analytics solutions and services during the forecast period.

However, clickstream analytics technology is still emerging into mainstream development, due to which, performance expectations vary among different end-users. The only way of deducing whether a clickstream analytics solution fulfills specific operational needs is through trial and error.

Clickstream Analytics Market: Competition Landscape

Some of the key players in the global clickstream analytics market are

Adobe
AT Internet
Alphabet Inc. (Google)
IBM
Microsoft
Oracle
SAP
Connexity

Clickstream Analytics Market: Regional overview

Currently, clickstream analytics market in North America leads the global market, followed by the market in Europe. This dominance may be attributed to the early adoption of Big Data analytics software solutions and services in the regional markets. The clickstream analytics market in North America is estimated to continue dominating the global clickstream analytics market throughout the forecast period.

However, clickstream analytics market in Asia Pacific region is estimated to record the fastest growth rate, among all the regional markets. Booming e-commerce industries and high Internet penetration in Southeast Asia Pacific economies like India and Australia, and East Asian countries like China, Japan and South Korea, will enable the regional market to record the fastest growth rate during the forecast period.

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The report covers exhaustive analysis on

Clickstream Analytics Market Segments
Clickstream Analytics Market Dynamics
Clickstream Analytics Market Size
Supply and Demand
Current Trends/Issues/Challenges
Competition and Companies Involved in the Market
Technology Landscape
Value Chain of the Market
Market Drivers and Restraints

Regional analysis includes

North America (U.S., Canada)
Latin America (Brazil, Mexico, Rest of Latin America)
Europe (Germany, Italy, France, Spain, U.K, BENELUX, Russia, Rest of Europe)
South Asia and Pacific (India, ASEAN, Oceania, Rest of South Asia and Pacific)
East Asia (China, Japan, South Korea)
Middle East and Africa (GCC Countries, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East and Africa)

Clickstream Analytics Market Segmentation

The global clickstream analytics market can been segmented on the basis of component and application.

Component

Clickstream Analytics Software
Services
Managed Services
Consultation
Deployment Services
Support and Maintenance Services

Application

Website Optimization
Basket Personalization and Analytics
Visit Path Optimization
Customer Analytics
Traffic Analytics
Others

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Fixed Asset Management Software Market Projected to Rise USD 11.4 Billion During 2022 – 2032

The global fixed asset management market is estimated at USD 3.8 Bn in 2021 and USD 4.2 Bn in 2022. The industry is expected to reach USD 11.4 Bn in 2032 while exhibiting a CAGR of 10.6% in the assessment period from 2022 to 2032. Rapid adoption of IoT-based services across various sectors such as manufacturing, oil & gas, energy, power, and construction is expected to play vital role in driving the market in the forecast period.

With the emergence of industry 4.0 in the manufacturing sector, various plants have adopted digital technologies to enhance the manufacturing processes, thereby, propelling the industry in the forecast period. Besides, technological development across several sectors like cloud computing, AI, and others is expected to benefit the fixed asset management software market in the forecast period.

For instance, in September 2019, Adapt IT disclosed a partnership with i-Chain, a South Africa-based fixed asset management services, and solutions company to provide a Web-based system offering easy access to a cloud-based environment, designed especially for educational institutions to assist them in managing their assets.

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Key Takeaways from the Market Study

The global fixed asset management market is estimated at USD 3.8 Bn in 2021
The global fixed asset management market to expand at 10.6% during the forecast period
The U.S market to secure USD 4 Bn and expand at 10.4% from 2022-to 2032
The market in China to procure USD 794 Mn while recording a 9.9% CAGR
The on-premises segment to expand at 10.2% CAGR
The Manufacturing segment to record a 10.4% growth rate

Competitive Analysis

Key participants of the global fixed asset management software market include IBM, Infor, SAP, Microsoft, and Oracle, among others.

Recent key developments among players are:

In March 2021, Sage, a cloud-business solutions provider acquired Task Sheriff, an artificial-based SaaS. The acquisition is focused on strengthening its AI technology and Task Sheriff founders would join Sage AI Labs. It is a global team of engineers, data scientists, and product managers, located in Melbourne, Barcelona, San Francisco, and Tel Aviv.
In April 2019, Infor signed an agreement with First Bus. Infor agreed to strengthen asset management for First Bus. First Bus is a transport operator in North America and the U.K.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global fixed asset management software market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Component (Software, Services), By Deployment Type (Cloud, On-Premises), By Organization Size (Large Enterprises, SMEs), By Vertical (Energy and Utilities, Manufacturing, IT, Telecom, and Media, Transportation and Logistics, Healthcare and Life Sciences, Others), and Region (North America, Asia Pacific, Europe, Middle East & Africa, and Latin America)

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Tableau Services Market is Growing at a CAGR of 13.6% for 2022 – 2028 | Future Market Insights, Inc.

The Tableau Services Market revenue totalled ~US$ 896.1 Mn in 2021, is projected to reach ~US$ 1,016.5 Mn in 2022 and ~US$ 2,183.2 Mn by 2028, growing at a CAGR of 13.6% for 2022 – 28.

Future Market Insights has recently published a market research report on the Global Tableau Services market. The study presents a detailed analysis of the historical data, current and future market scenarios for the Tableau Services market. The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the Tableau Services market in the upcoming decade.

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According to the FMI’s report, Changes in consumer behaviour, robust product innovations, and expanding distribution networks continue to influence the growth of the Tableau Services market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the Tableau Services market report and gather data from a wide range of primary and secondary sources.

Impact of COVID-19 on Tableau Services Market

With the onset of COVID-19, there has been a significant impact on the technology sector. Disruptions of electronic supply-value chain and raw material supply have adversely impacted the technology industry. However, there has been a positive impact on the industry with the adoption of remote working. Rapid focus on integrating digital techniques and big data analytics in IT services and technology industry are expected to result in a healthy outlook.

FMI’s recently published report has a chapter exclusively dedicated to COVID-19 impact analysis. This is intended to aid Tableau Services market stakeholders in deploying innovative strategies to overcome the challenges that are likely to affect the Tableau Services market.

Tableau Services Market: Competitive Analysis

The FMI’s Tableau Services market report provides a detailed analysis of prominent players as well as emerging companies operating in the Tableau Services market. Some of the key players are:

Deloitte
Silicus Technologies, LLC
Bilytica
Interworks
Nabler
Vizual Intelligence Inc.
SA Technologies, Inc

With an extensive SWOT analysis, the FMI’s study provides the strengths, weaknesses, growth prospects and product expansion within the players. The report also offers key players marketing strategies, recent mergers and acquisitions and pricing strategy to gain a competitive edge in the industry.

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Tableau Services Market Outlook by Category

By Service Type:

Consulting
Maintenance & Support
Data Preparation
Governance
Dashboard Development & Designing
Server Development

By Enterprise Size:

Small Enterprises
Medium Enterprises
Large Enterprises

By Vertical:

Technology
Healthcare
Automotive
Consumer Goods & Retail
Manufacturing
BFSI
Government
Media & Entertainment
Energy & Power
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
SEA and other of APAC
Japan
China
Middle East and Africa (MEA)

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Edutainment Market is Expected to Progress at a CAGR of 16.1% from 2022 – 2032 | FMI

The Edutainment Market is expected to reach ~US$ 8.1 Bn by 2032, growing at a CAGR of 16.1% from 2022 to 2032. Edutainment is helping to improve children’s social skills by using children’s literature, practising social overtures, and strengthening social & emotional education. It also enhances social-emotional well-being in youngsters by improving teachers’ social-emotional curriculum design and competence.

The edutainment centres usually appeal to the 8 to 14 age group and their parents. This indicates penetration of deep youth population under the age of 14 in the Asia-Pacific and with rising incomes and expectations, parents are spending more on their children, which is expected to drive the edutainment market growth.

Indoor parks are both within greater reach and more profitable to most developers and operators as compared to outdoor theme parks due to which a number of operators are launching new edutainment centers to attract customers.

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Key Takeaways: Edutainment Market

By gaming type, the explorative segment is anticipated to account for the leading share in the global demand for edutainment during the forecast period. However, the hybrid combination segment is estimated to grow at a robust CAGR of 19.0% through 2032.
By revenue source, the entry fees & tickets segment is anticipated to increase at a CAGR of 18.2% between 2022 & 2032.
Based on visitor demographics, children (0-12) segment is estimated to witness high growth during the forecast period as most preschool and kindergarten providers have realized that open-ended play in the right environment helps children develop and learn emotionally, cognitively, socially, and physically.
North America is expected to lead the market followed by Europe in 2022. South Asia & Pacific is anticipated to emerge as the fastest-growing region between 2022 & 2032.
The market in China is expected to progress at a CAGR of around 18.4% through 2032.
In India, sales are expected to increase at a CAGR of close 23.6% over the next ten years.

Inclination towards New Kinds of Edutainment to Propel the Sales

Soft modular play centers, operated on a pay-for-play basis, were the first incarnation of edutainment centers. They were based upon the mistaken idea that indoor, safe, physical play met the play needs of young children. Later centers were bigger and included rides, games, and passive entertainment including animatronics, which was basically more of the same. Some center operators looked to the early childhood education and children’s museum industries.

Footfall in Edutainment Centers is increasing with Changing Lifestyles

Entertainment choice of consumer are mostly focused on building a personal narrative and memorable experiences. New business models arise as entrepreneurs ride key trends within the market which is creating a dynamic environment for investment, and businesses that strike a chord among consumers and reach a level of scale can expect strong support. In developing markets, growth rates are estimated to be high as incomes of consumers is rising and available free time is increasing. Theme parks/ edutainment parks are also benefiting from rising incomes and the pivot to experience.

Rapid industrialization, increased disposable income and busy working schedules have significantly hampered the lifestyles of customers globally in the past few years. These changes in lifestyles have boosted the preference for spending quality time along with education, entertainment, food & beverages and other fun activities. This is among factors that are encouraging customers to visit edutainment centers for spending their leisure time, as well as for celebrations, adventure experiences, education etc. With these changing lifestyles, edutainment centers are offering more and more modern education and entertainment options for kids under one roof. This is among the key factors responsible for driving the edutainment market across the globe.

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Edutainment Outlook By Category

By Gaming Type:

Interactive
Non-interactive
Explorative
Hybrid Combination

By Facility Size:

5,001 to 10,000 Sq. Ft.
10,001 to 20,000 Sq. Ft.
20,001 to 40,000 Sq. Ft.
40,000 Sq. Ft.

By Revenue Source:

Entry fees & tickets
Food & Beverages
Merchandising
Advertising
Others

By Visitor Demographics:

Children (0-12)
Teenager (13-18)
Young Adult (19-25)
Adult (25+)

By Region:

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

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Modular Data Centre Market Value to Grow by Almost US$ 11.5 Billion in 2028 | Future Market Insights, Inc.

The Modular Data Centre Market is set to enjoy a valuation of US$ 2.7 Bn in 2022 and is predicted to surge at a CAGR of 27.1% to top US$ 11.5 Bn by the end of 2028. Modular data centre, as considered under the scope of the report titled “Global Modular Data Centre Market,” is adopted by industry verticals for storing and managing their data effectively at a faster rate with low maintenance cost. Besides this, the introduction of smart micro-modular data centres is the primary factor driving the global modular data centre market in terms of value.

The integration of IT modules, power modules and cooling modules or an already integrated resultant container comprising all the modules into one container results in the creation of a modular data centre.

Owing to the presence of prefabricated individual modules or containers, one of the most important advantages offered by modular data centres is the portability and the speed of deployment. Owing to these advantages, a higher preference for modular data centres is now witnessed among data centre customers.

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On the basis of component, the global modular data centre market can be segmented into solutions and services. The solution segment is further segmented into all-in-one containers and independent module containers. The all-in-one containers segment is further segmented into 20 feet, 40 feet and customised containers.

However, the independent module containers are segmented into IT modules, power modules and cooling modules. On the basis of solution, the all-in-one containers segment is expected to register attractive growth over the forecast period in the global modular data centre market.

On the basis of data centre size, the global modular centre market is segmented into small, mid-size and large data centres. Owing to the lack of preference, high maintenance and restricted applications in several verticals, large modular data centres are expected to witness a comparatively lower growth rate.

On the basis of industry vertical, the modular data centre market is categorised into BFSI, telecom & IT, energy, manufacturing, research, healthcare, government & defence and others.

High adoption of modular data centres has been witnessed since their inception in the telecom & IT and BFSI industry verticals owing to the generation and the need for the storage of high-volume data.

Besides this, modular data centres have also been adopted by various governments for storing the data as a backup to deal with expected disasters or emergencies. In addition, the growth of the manufacturing and healthcare industry verticals worldwide in terms of value is correspondingly expected to increase the adoption of modular data centres.

Some of the modular data centre market vendors in this study of the global modular data centre market include CUPERTINO ELECTRIC, INC.; Dell; Delta Power Solutions; Eaton; Hewlett Packard; Enterprise Development LP; Huawei Technologies Co., Ltd.; Inspur Technologies Co., Ltd.; IBM Corporation; Keysource; Rittal GmbH & Co. KG; Schneider Electric and Vertic, Co. Huawei is expected to lead the global modular data centre market.

Competitive Landscape

Modular data centre companies are focusing on developing advanced methods to enable faster deployment of data centres as per client requirements. Top modular data centre suppliers are also investing in research to develop more sustainable solutions to meet environmental concerns.

In June 2021, Schneider Electric, a leading company providing digital solutions for energy and automation, announced the launch of a new modular data centre. The new all-in-one liquid-cooled modular data centre is known as EcoStruxure and is capable of deploying CPU- as well as GPU-intensive, high-performance applications with more reliability in the harsh and remote installation environment.
Africa’s first modular prefabricated data centre was recently announced in 2021, and this was through a collaboration between telecommunication giant Huawei and system integrator Cloud Exchange. The data centre will be the first Tier IV data centre in West Africa, and would also be free from noise and air pollution, making it a sustainable one.

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Key Segments of Modular Data Centre Industry Survey

Modular Data Centre Market by Component:

Solutions
All-in-one Containers
- 20-Feet Containers
- 40-Feet Containers
- Customised Containers
Independent Module Containers
- IT Modules
- Power Modules
- Cooling Modules
Services

Modular Data Centre Market by Data Centre Size:

Small Data Centres
- Micro
- Others
Mid-Sized Data Centres
Large Data Centres

Modular Data Centre Market by Industry Vertical:

BFSI
Telecom and IT
Energy
Government and Defence
Manufacturing
Research
Healthcare
Others

Modular Data Centre Market by Region:

North America Modular Data Centre Market
Latin America Modular Data Centre Market
Europe Modular Data Centre Market
East Asia Modular Data Centre Market
South Asia & Pacific Modular Data Centre Market
Middle East & Africa (MEA) Modular Data Centre Market

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Inventory Management Software Market is Growing at a CAGR of Around 11.2% for 2022 – 2028

The Inventory Management Software revenue totalled ~US$ 1,528.3 Mn in 2021, is expected to reach ~US$ 3,291.1 Mn by 2028 and growing at a CAGR of around 11.2% for 2022 – 28.

North America is projected to hold a notable market value share by the end of the forecast period. Retailers in the U.S are focusing on including Omni-channel platforms to provide enhanced customer experience. Companies, in this region, are also relying on third parties to manage their operations, which include storage, packaging, and selling products, making online inventory management more manageable and increasing product penetration. SEA and Others of APAC, on the other hand, would exhibit relatively high growth in the global inventory management software market.

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The software segment, in terms of component and SaaS in terms of deployment are expected to gain swift momentum during the forecast period, considering the rising adoption of cloud for inventory data storage arising from dynamically changing inventory levels. The emergence of advanced technologies, including integration of Big Data analytics, IoT and automation would also fuel the inventory management software market through 2028.

Ease in Supply Chain Operations and Emphasis on Omni-Channel Systems to Push Global Inventory Management Software Market

Technology has notably crept into the supply-chain process. With the introduction of inventory management software, enterprises- big and small are able to get real time visibility of supply and demand, through processes that notifies everyone along the chain, thereby, providing an overview of the inventory functioning. Advanced features such as reservation of specific products from the existing inventory or making segmentations within the inventory to suit privileged demands, adoption of inventory management software is projected to significantly ease supply chain operations along with inventory maintenance, in turn, driving the global inventory management software market.

However, inventory accuracy is paramount for retailers and warehouse owners considering increasing demand for real-time inventory management solutions that can be accessed through multiple channels. Retailers and business owners are increasingly facing challenges apropos to expanding their operations into omni-channel. Enterprises trying to bridge the gap between its online and offline sales is driving the adoption of supply chain solutions such as inventory management software. In a bid to maintain accurate store inventories and serve everyday orders efficiently, vendors are adopting inventory management software across various industry verticals and manage their online and offline customers under an omni-channel platform.

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Integrating AI, Machine Learning Would Further Shape Inventory Management Software Market; Favourable Opportunities for Vendors in the Inventory Management Realm Awaiting

Moreover, disruptive technologies such as predictive ETAs to improve inventory accuracy, live ocean and geo-fencing, and 3D visual warehouse to provide users a visual decision-making platform are only further supporting the adoption of inventory management software, to maintain a smooth demand and supply landscape. Integrating advanced technologies including machine learning and artificial intelligence into the supply chain and inventory management systems would equip inventory management vendors with lucrative market opportunities.

Key players in the inventory management software market are Oracle Corporation, IBM Corporation, SAP SE, Zebra Corporation, Kinaxis Inc., Infor Inc., Zoho Corporation, SAGE Group Plc, Brightpearl Ltd. and DEAR Systems.

Inventory Management Software Market Key Segments Covered

By Component, Inventory Management Software Demand is segmented as: