Ultrasonic Sensors Market is anticipated to grow at a CAGR of 12% during Forecast 2022 to 2030

The market for ultrasonic sensors is anticipated to increase from US$5,138.4 million in 2022 to US$13,241.8 million by 2030. During the projected period of 2022–2030, the market for ultrasonic sensors is anticipated to grow at a CAGR of 12.0%.

Because they are unaffected by moisture, dust, or filth and because they can be utilised in low-light conditions without losing their ability to identify objects, ultrasonic sensors are frequently used in robotics. The industry is also anticipated to be driven by the usage of robotics for obstacle avoidance with real-time communication.

Robotics uses ultrasonic sensors to move away from any obstacles in their path and toward the target region. Additionally, ultrasonic sensors are used to locate the substantial obstruction and gather data about the distance between the robot and obstruction. They aid robots with object detection, tracking, and position detection to prevent collisions and guarantee that tasks are completed without difficulty.

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Key Takeaways: Ultrasonic Sensors Market

  • Automotive industry is estimated to register a CAGR of 15.5% in the ultrasonic sensors market demand anti-collision and distance measurement sensors soars
  • Liquid level measurement segment to dominate in 2020 with a market share of 38.5% followed by distance measurement and object detection
  • Through beam sensors segment is expected to witness a growth of 12% Y-o-Y  with feature such as powerful acoustic beam
  • South Asia & Pacific ultrasonic sensors market is estimated to register high CAGR as healthcare sector demand better imaging technologies

COVID-19 Impact Analysis on Ultrasonic Sensors Market

The COVID-19 pandemic has impacted businesses globally.  The severe lockdowns have disrupted production of ultrasonic sensors as raw material supply chain to remains distraught.

While the situation continues to be serious with governments are still imposing physical distancing norms for protection, supply chains are slowly normalizing.

However, the demand for ultrasonic sensors is going to take a while to pick as its related industries have witnessed a slump. Besides it being an important part of automation, it is also used in healthcare, a sector that will be the key revenue generator. Reduced to no sales of automobiles is projected to hit the market very hard in the coming days. On the other hand, a raised consciousness about smart homes and lighting solutions is expected to bode well for the market.

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Increasing Adoption of Ultrasonic Sensors in Medical Applications

The demand is for ultrasonic sensors for medical applications is increasing as these sensors are risk-free substitute to radiography solutions and alternative to piezoelectric sensors. Ultrasonic sensors are widely used in medical applications as these sensors can visualize the internal condition of the human body without any damage.

They are used for various medical inspections including diagnosis of internal body organs like kidneys, liver, gallbladder, and for tracking the growth of fetus and its health condition. As the ultrasonic sensors have the ability of real-time visualization, they are used for tissue biopsy sampling while locating the target organ.

Ultrasonic sensors are also used for close examination of eyes, cardiac diagnosis, and also for breast cancer check-ups to detect the presence of lumps under the breast. For detecting any physical abnormality of the uterus, uterus examination is done by using ultrasonic sensors. Moreover, ultrasonic sensors also help in detecting arteriosclerosis by checking the intimal thickness measurement, blood flow and endothelial function test.

The extensive usage of these sensors in the healthcare segment is projected to play an important part in offsetting the losses in the long term. The adoption of ultrasonic sensors in medical field is estimated to grow by 1.5X from 2019 to 2020.

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Ultrasonic Sensors Market Survey By Category

By Type:

  • Proximity Sensors
  • Retro-reflective Sensors
  • Through Beam Sensors
  • Others

By Application:

  • Object Detection
  • Distance Measurement
  • Liquid Level Measurement
  • Anti-collision Detection
  • Others

By Industry:

  • Automotive
  • Medical
  • Oil & Gas
  • Industrial
  • Food & Beverages
  • Others

Region:

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

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https://medium.com/@sagargunjal889/smart-contracts-market-by-system-type-end-user-region-industry-analysis-and-forecast-2022-2032-4f322d413bdc

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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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Submarine Cables Market is anticipated to rise at a CAGR of 4.8% from 2022 to 2030

The submarine Cables Market is expected to witness moderate growth, registering 4.8% CAGR during the forecast period (2022-2030) and projected to reach US$ 4.38 Bn by the end of 2030

During the forecast period of the report, the market is expected to be driven by increased investment in infrastructure for better international communication. Submarine cables are widely used for power transmission in addition to communication transmission.

These cables were developed to transfer the power generated by offshore wind farms to various power plants and countries over island connections. When it comes to communications, these cables are laid along the ocean floor, carrying an astonishing amount of data traffic between countries.

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Submarine cables account for over 90% of data traffic worldwide

Submarine communication cables make up more than 90% of the data traffic generated worldwide. They have an impressive carrying capacity measured in terabits per sector. Since then, these cables have been highly valued by OTT and huge telecommunications providers such as Facebook, Microsoft, Google and Amazon.

They are also considered by most governments to be an essential and important element of the economy. Therefore, different countries have specific regulations governing their markets. Some countries have created safe zones and banned access to cables along the ocean floor, thus protecting potential damage again.

Submarine cable line ownership is becoming more prominent among technology-enabled product and service providers

Increased data traffic is increasing investment in submarine cables. FMI forecasts markets to witness increased investment in regions such as the Middle East, Asia Pacific, Latin America and Europe. Some of the major telecommunications providers are behind the surge in investment recorded in these regions. For example, Amazon’s cables run from the United States to Asia Pacific, connecting countries such as California, Japan, Oregon, and Singapore.

FMI investigates in detail the various factors that influence market growth. It provides deep insight into the market. Some of these are:

  • Europe is expected to dominate the global submarine cable market
  • Increased offshore wind farm activity will increase market investment
  • Huge repair and maintenance costs can hinder growth
  • Barriers to the entry of small businesses will continue, especially as the market is capital intensive.
  • Nevertheless, SMEs are expected to focus on small projects across different regions.

“Although there are some drawbacks, submarine cables are considered a cheaper and more efficient medium for communication between countries. In addition, submarine cables are used for power transmission and will be in the future. It is expected to give momentum to the market in the next few years, “said FMI’s chief analyst.

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Who is winning?

The submarine cable market is characterized by some huge presence, so there is fierce competition. The market is so capital intensive that it offers few opportunities for SMEs. Nonetheless, players in smaller markets are expected to focus on smaller projects because they are floating in a huge competition.

FMI introduces some of the leading companies operating in the market. These include Alcatel-Lucent, Google, NEC, Subcom, NKT A / S, Nexans, Prismian Group and more.

Gain valuable insights into the submarine cable market

Future Market Insights executive-level blueprint for the report’s submarine cable market. It provides sophisticated forecasts of revenue growth seen in different segments. Trends that affect the market trajectory across these segments will also be investigated in detail for the period 2020-2030.

The report studies the global submarine cable market in terms of products to electrical cables, fiber optic cables, hybrid / composite cables, and umbilical cables. Based on the filling type, the market is divided into oil / fluid filling cables and solid filling cables. Based on end applications, the market covers oil and gas, renewable energy, telecommunications, and defense segments. Regionally, the global submarine cable market can be divided into North America, Latin America, Europe, Asia Pacific, Oceania, the Middle East and Africa.

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Key segment:

Product type

  • Electric cable
  • Fiber optic cable
  • Hybrid / composite cable
  • Umbilical cable

Filling type

  • Oil / liquid filling cable
  • Solid fluid cable

End use

  • Oil and gas
  • Renewable energy
  • Telecommunications
  • defense

Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • MEA

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

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Storage as a Service Market Current Scenario Trends, Comprehensive Analysis & Regional Forecast to 2030

As data syncing, sharing, collaboration, and accessibility across smartphones and other devices become easier, Future Market Insights predicts that the global Storage as a Service Market will expand at an amazing CAGR of 17% during the forecast years of 2020 and 2030.

In recent years, storage as a service (STaaS) has experienced rapid growth as firms investigate its potential to increase operational flexibility at lower operating costs. Through automation, cloud services’ disruption across industrial verticals has quadrupled productivity while lowering prices and enhancing services. This specific characteristic emerged as an axis for expanding SaaS adoption across verticals.

STaaS largely assists in storing vast volumes of data in the cloud as opposed to on-premise, giving the companies free space and reducing the trouble of backing it up and spending money on contingency plans for disaster management.

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Key Takeaways of Storage as a Service Market Study

  • SMEs to hold 74% of market share in 2020 as the adoption of STaaS becomes essential to cutting back on infrastructural cost and focus on business continuity
  • BFSI segment held a market share of 22% in 2019 and is expected to continue on a similar trend as banking gets digitized even in rural clusters
  • South Asia & Pacific to register a CAGR of 23% 2020-2030 in the global STaaS market as countries undergo rapid digitalizing across sectors
  • Cloud computing and remote work ethic to remain strong undercurrents of booming STaaS market

COVID-19 Impact Analysis on Storage as a Service Market

The COVID-19 epidemic made it clear that companies needed to immediately adopt remote working solutions, driving them to alter their technical environment to ensure business continuity during the pandemic. Companies are anticipated to spend in technology-based infrastructure in the upcoming years as the trend increases. Additionally, the increased focus on lowering operating expenses like power and rent has caused businesses to recognise the full value of SaaS in boosting profit margins.

Only 2.9% of the world’s workforce, as reported by the International Labour Organization (ILO), worked from home prior to the COVID-19 epidemic. However, in the post-pandemic world, managers are reevaluating their operational strategies, which is causing a massive increase in the number of people working from home.

The demand for cloud-based solutions and apps is anticipated to soar as a result of this trend after COVID-19 as organisations all over the world search for affordable, effective, and resilient solutions for their business continuity. Additionally, it is anticipated that the growing sentiment to switch to a remote lifestyle permanently would give this sector a boost unlike anything else.

In 2018 and 2019, the market for storage as a service expanded by around 15% year over year. With the COVID-19 epidemic, the market is anticipated to rise by about 18%–20% between 2021 and 2023.

In the medium term, it may be difficult for the storage as a service market to maintain its growth pace due to concerns about budgets, deteriorating profitability, and sales growth, all of which have led to significant losses for companies of all sizes. The market is expected to increase at a 4.5x rate during the forecast period, therefore the long-term picture for storage as a service is still promising.

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Partnerships and Innovations to Drive Growth

The global Storage as a Service industry is experiencing a storm due to the rapidly evolving technical landscape, shifting consumer expectations, and fierce competition. This is forcing solution providers to consistently search for novel and affordable solutions. Additionally, partnerships and collaborations with digital solution providers might aid suppliers of storage as a service in growing their clientele and market share.

For instance, Pure Storage and SAP formed a cooperation in March 2020 to provide customers with shared competency centres, technical support, and technological integrations in STaaS, intelligent enterprise, cloud computing, storage, and virtualization.

Storage as a Service Market: Segmentation

Service Type

  • Cloud NAS
  • Cloud SAN
  • Cloud Backup
  • Cloud Archiving

Enterprise Size

  • Small & Medium Enterprises
  • Large Enterprises

Industry

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

Region

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

Related Links –

https://theprose.com/post/546610/smart-contract-market-size-share-trends-analysis-research-during-the-ongoing-covid-19-and-research-methodology-by-forecast-2022-2032

https://posteezy.com/smart-contract-market-size-growth-analysis-report-forecast-2022-2032

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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.

Contact:

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Premium A2P and P2A Messaging Market is slated to increase at a CAGR of 5.0% to reach a valuation of US$ 1,17,695.0 Mn by 2029

The market for premium P2P and A2P messaging was valued at roughly US$ 79,601.0 million in 2021 and is expected to grow at a CAGR of 5.0 percent to US$ 1,17,695.0 million by 2029. The market for premium P2P and A2P messaging accounts for around 55% of the customer communication market.

The adoption of premium application-to-person and person-to-application (A2P and P2A) messaging solutions globally is strongly encouraged by developments in mobile authenticator services and SMS marketing. According to a recent Future Market Insights (FMI) report, the market for premium A2P and P2A messaging systems would surpass US$ 83,862 Mn in revenues in 2022 and have a promising CAGR of 5 percent through 2029.

SMS is increasing popularity as a crucial tool for sharing content and information, getting access to services, and ensuring security. Due of its ubiquity, dependability, and stability, SMS is anticipated to continue dominating messaging technology for the foreseeable future. A wide range of cutting-edge apps are starting to appear that use A2P SMS as a channel for value-added services (VAS) communications, giving feature phone users an app-like interface and a wider selection of services.

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Key Takeaways – Premium A2P and P2A Messaging Market Study

  • Premium A2P SMS is the most reliable bridge between a unique number (offline) and the digital world. The billing relationship is also a crucial cog in this bridge, as it allows online services to be more easily monetized through carrier billing.
  • Premium A2P and P2A messaging remains the most ubiquitous platform, enabling marketers to reach the widest audience, which is anticipated to boost growth of the premium A2P and P2A messaging market during the forecast period.
  • Majority of banks use SMS for creating awareness regarding their service and to confirm transactions through two factor authentication. A2P SMS is already a vital tool in the mobile financial market.
  • Cloud API messaging platforms will continue to hold the lion’s share of around 80% in global premium A2P and P2A messaging market during the forecast period.
  • Among all applications, authentication services will register a significant CAGR in the global premium A2P and P2A messaging market.

Increasing Demand for Premium A2P and P2A Messaging for OTT Applications and Social Media SMS

Demand for premium A2P and P2A messaging is rising from almost every end-use industry. Online interactions are expected to significantly increase the demand for premium A2P and P2A messaging solutions. Social networking services like Twitter and Facebook are expected to rely on both SMS and IP channels.

Although IP channels are used extensively for social messaging, SMS is anticipated to play a much greater role in social messaging services. SMS’s interoperable, omnipresent, and secure nature makes it the perfect platform to deliver notifications of social messages and transactional communication activities. Google has a range of services such as Gmail SMS, Google Voice SMS, Calendar SMS, and Bloggers, powered by premium A2P and P2A messaging solutions.

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Premium A2P and P2A Messaging Market Outlook by Category

By Application:

  • Inquiry and Search Related Services
  • Customer Relationship Management Services
  • Authentication Services
  • Promotional and Marketing Services
  • Notifications and Alerts
  • Voting and Entertainment

By Traffic:

  • National
  • International

By Tools:

  • Cloud API Messaging Platforms
  • Traditional and Managed Messaging Services

By End User:

  • BFSI
  • IT and Telecom
  • Media and Entertainment (including Gaming)
  • Travel and Transportation
  • Retail and e-Commerce
  • Healthcare

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan

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About Us

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

Contact:

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200 Continental Drive, 
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Hardware Security Module Market In-Depth Analysis, Growth Strategies & Comprehensive Forecast 2022 to 2032

The worldwide hardware security module (HSM) market income added up to US$ 1.2 Bn in 2021. The market is supposed to arrive at US$ 6.6 Bn by 2032, showing development at a 16.2% CAGR somewhere in the range of 2022 and 2032.

A hardware security module is also referred to as Secure Application Module (SAM), Personal Computer Security Module (PCSM), Tamper Resistance Security Module (TRSM), Secure Signature Creation Device (SSCD), hardware cryptographic device, or cryptographic module.

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Security Applications Spreading Roots Fast, in the IoT Space

The rising adoption of next-generation security solutions, which is a remarkable trend in the market, aids in improving the products as well as the operational efficiency of enterprises. Existing security solutions are evolving towards context-aware computing technology, which enables enterprises to detect advanced threats in a drastically changing environment. This factor is expected to create potential opportunities in the global cyber security market over the forecast period.

Enterprises are progressively implementing Internet of Things (IoT)-based solutions. IoT solution providers are integrating cyber security solutions to reduce cyber-attacks on connected devices to identify threats and to resolve susceptibilities before launching their products in the market. With growing applications of security solutions in the IoT space, the demand for hardware security modules is expected to rise significantly over the next few years.

Key Vendors Prioritize Competitive Pricing to Assure Security of Enterprise Ecosystem

Manufacturers are currently offering hardware security module systems that have the means to securely back up the keys that they handle in a wrapped form. Other hardware security modules back up keys via the operating system of computers or by using a smart card or some other externally usable security token.

Hardware security modules can make an organization achieve peak security standards for applications ranging from key management to data encryption and authentication. Hardware security modules play a vital role in an enterprise’s security ecosystem.

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However, the cost-per-unit factor of hardware security modules is significantly higher than their software-based counterparts. Moreover, Hardware Security Module-as-a-Service (HSMaaS) solutions offered by some vendors in the market are expensive. Though hardware security modules offer reliable security, cost is a major factor to be taken care of to capture the market as well as achieve market growth.

Several hardware security module vendors are making efforts to make hardware security module services available at reduced costs by means of cloudHSM. However, the incorporation of cloud in critical applications, such as key management and key storage, through HSM induces problems common to cloud infrastructures. As a result, cloud hardware security module services are still expensive and are required to be further enhanced.

SMEs have been known to ignore cyber threats. Such enterprises consider cyber security solutions as a non-priority investment, which is why several start-ups and SMEs incur high losses following ransomware attacks.

National governments across the globe have also started taking initiatives to improve their ICT infrastructure to facilitate digitisation in their respective economies. A major part of the ICT investment is diverted towards cyber security.

Some of the key players in the global hardware security module market research report include Gemalto NV; Thales E-Security Inc.; Utimaco GmbH; IBM Corporation; Futurex; Hewlett Packard Enterprise Company; ATOS SE; Yubico; Ultra Electronics; Swift; Ledger; and Spyrus, Inc.

Competitive landscape

Many key players in hardware security module market are focusing on investing heavily on innovation, research, and development practices to offer different solution for various industry applications. For enhancing the presence, customer base and solution offering market players are undergoing various strategies such as partnerships, collaborations and acquisitions.

  • For instance, in November 2018, Utimaco GmbH acquired Atalla Hardware Security Module (HSM) and Enterprise Secure Key Manager (ESKM) product lines from Micro Focus International plc. This acquisition strengthened Utimaco’s position in the payment and banking industry as banks and financial services look to embrace innovative and secure solutions.
  • Also, in November 2018, Yubico announced a new open-source hardware security module, i.e. the YubiHSM 2 Software Development Kit (SDK), which is available for developers and engineers to easily implement the YubiHSM 2 for an unlimited number of use cases.

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Hardware Security Module Market Outlook By Category

By Type:

  • LAN-Based HSM/Network-Attached HSM
  • PCIe-Based/Embedded Plugins HSM
  • USB-Based/Portable HSM

By Applications:

  • Payment Processing
  • Code and Document Signing
  • Secure Sockets Layer (SSL) and Transport Layer Security (TLS)
  • Authentication
  • Database Encryption
  • PKI or Credential Management
  • Application-Level Encryption

By Industry Vertical:

  • BFSI
  • Discrete Manufacturing
  • Process Manufacturing
  • Media
  • Professional Services
  • Retail
  • Healthcare
  • Energy & Utility
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

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About Us

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

Contact:

Future Market Insights Inc.   
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200 Continental Drive, 
Suite 401, Newark, 
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Document Management Software Market Size, Growth Analysis Report, Forecast to 2028

Future Market Insights has examined different aspects of the global market for document management software in a new research publication titled “Document Management Software Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The raw data obtained from secondary research has been filtered, well-furnished and arranged in a systematic format with the assistance of which key understandings have been derived.

The market is thoroughly analysed to gain intelligence on the various market trends altering the course of the market, the drivers that push the growth of the market, the opportunities that shape the future of the document management software market and the restraints that hinder the growth process of the global market.

These various aspects have been analysed across key regions in the globe including North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, China and Middle East and Africa (MEA) to gauge the intensities of these facets and their impact on the overall market expansion.

Based on historical data and current scenario, future insights on the market based on value projections for a period of ten years have been included in this research report across each segment of the global document management software market.

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Future Market Insights Observes

the growth of the global document management software market is triggered by increasing demand for the software as it reduces the time needed for file location and retrieval. Moreover, it also covers additional functionalities such as storage, editing and making corrections, efficient consolidation of information, eliminates misfiling and enhances overall productivity and efficiency. The global market for document management software is projected to expand at a value CAGR of 12.3% during the period of assessment 2018-2028 and is estimated to reach a valuation of more than US$ 11 Bn by 2028 end.

Growing Demand for Automated Workflow to Facilitate Market Expansion

Automation has facilitated reduction in errors, improvement in quality and reduction in time in various processes. Document management software with automated workflow offers efficient operational workflow. Moreover, it reduces costly paper handling with smart routing of documents and saves time and money by reducing the need of photocopying, hand delivery and repetitive dropping. It also enables automated distribution, printing and overall document control. By centralizing documents and using automated workflow technology, it can timely route documents to stakeholders. The migration to automated workflow from manual workflow is pushing the demand of document management software.

Disaster Recovery and Better Backup to Spur Demand for Document Management Software

Document management solution includes disaster recovery and data backup plan. With digital archiving, paper documents are protected from various types of disasters. In addition, with this software, documents are easily traceable and can be conveniently tracked within different ranges of criteria. Moreover, since the documents are stored centrally, they do not get misplaced after viewing. They can be digitalised as well as archived during their entry point into the system.

Segmental Snapshot of the Global Document Management Software Market

By component, the software segment is expected to grow at a higher rate and is expected to lead the global document management software market in the coming years. With respect to services, professional services are gaining high traction.

With respect to deployment, cloud is gaining high steam owing to ease of access and convenience at any point in time. Cloud based deployment is expected to showcase revenue sales of over US$ 6 Bn by end of the assessment period.

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Healthcare and BFSI sectors are showcasing high demand for document management software. Owing to high and ever increasing volume of documents, the need for subtle document management systems has risen. This has accelerated the use of document management software in these sectors. Healthcare, however, tops the table with respect to higher adoption and valuation, comparatively.

North America is the largest region, followed by Europe. The market valuation in these regions is expected to go above or near US$ 3 Bn by 2028 end. China also has shown increased inclination towards use of document software. Document software market in China is projected to expand at a significant rate in the coming years.

Competition Tracking

The key players profiled in the report are Toshiba Corporation, IBM Corporation, OpenText Corp., Asite, Ideagen, Alfresco Software, MasterControl, Computhink, eFileCabinet, OfficeGemini, Adobe Systems Incorporated, SmartFile, Lucion Technologies, Intranet Connections, FOLDERIT and LogicalDOC.

Market Segmentation

By Component

  • Software
  • Services
    • Professional Services
    • Managed Services

By Deployment

  • On Premise
  • Cloud Based

By End User

  • Healthcare
  • Retail
  • Government
  • BFSI
  • Education
  • Legal Service Firms
  • Other

By Region

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

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Fixing Agent Market anticipated to reach a share of US$ 5.24 Bn in 2032

A fixing agent is one of the important element in dyeing and printing industry, which help to improve the color fastness of dye. It is a compound that fixates one substance to another. The notable properties of a fixing agent include effective wash resistance, provide stiffness, impart flame resistance, relatively higher crease, others. Fixing Agent Market forecasted to registering 5.3% CAGR during the forecast period (2022-2032) and projected to reach US$ 5.24 Billion by 2032.

Attributes Details
Fixing Agent Market CAGR 5.3%
Fixing Agent Market Size (2021) US$ 2.97 Bn
Fixing Agent Market Size (2032) US$ 5.24 Bn

A fixing agent is one of the important element in dyeing and printing industry, which help to improve the colorfastness of dye. It is a compound that fixates one substance to another. The notable properties of a fixing agent include effective wash resistance, provide stiffness, impart flame resistance, relatively higher crease, others. The fixing agent is available in two forms – solid and liquid. It has two product types based upon the presence of ion which is a cationic fixing agent and anionic fixing agent. Few examples of fixing agent includes cetylpyridinium chloride, cetylpyridinium bromide, polyamine contraction, crosslinking fixing agent, zinc salt, acetone, and among others.

The fixing agent is available in two forms – solid and liquid. It has two product types based upon the presence of ion which is a cationic fixing agent and anionic fixing agent. Few examples of fixing agent includes cetylpyridinium chloride, cetylpyridinium bromide, polyamine contraction, crosslinking fixing agent, zinc salt, acetone, and among others.

In term of applications, the fixing agent used in dyestuff industry, food & beverages, chemicals, polymer, and other end-user industries.

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Global Fixing Agent Market: Market Dynamics

From the past few years, the textile industry has witnessed revolutionizing changes, the textile printing pattern changed due to changing fashion trends and technological advancements which in turn is expected to drive the global fixing agent market significantly.

Also printing industry in general is expected to spur the demand of fixing agents as a key ingredient during dyeing applications. Thus, customers more attracted to high-end printed clothing is projected to create a positive impact on global fixing agent market by the end of the forecast period. For instance, global apparel consumption in 2017 is estimated to be US$ 1.8 trillion, which formed around 2% of the world GDP of US$ 79.3 trillion.

Conversely, the rising price of raw materials is one factor to hamper the global fixing agent market. Furthermore, the stringent regulations associated with the product food applications shall hinder the fixing agent demand in the food & beverages industry. On 7th May’2019, HT Fine Chemical Co., Ltd. (manufacturer of fixing agent) introduced its new product – Dye Fixing Agent to fulfill the demand generated in the printing and dyeing industry. This kind of organic growth across the leading players of fixing agent will act as a key trend for global fixing agent market during the forecast period

Global Fixing Agent Market: Industry Participants

The global fixing agent market estimated to be a highly fragmented market. Key manufactures of fixing agent are identified across the value chain of global fixing agent market which is – Fineotex Chemical Limited, Viswaat Chemicals Limited, GG Organics, CHT Group, eksoy Chemicals, Protex Korea, HT Fine Chemical Co., Ltd., SENKA Corporation, Piedmont Chemical Industries, PROTEX, D. K. CORPORATION, NICCA Chemical, Avocet Dye & Chemical, S D International, Jain Chem, Vertellus Holdings, Achitex Minerva Spa, and among others

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

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

Key segments

By Product Form:

  • Solid
  • Liquid

By Product Type:

  • Cationic Fixing Agent
  • Cetylpyridinium Chloride
  • Cetylpyridinium Bromide
  • Polyamine Contraction
  • Cross-linking Fixing Agent
  • Anionic Fixing Agent
  • Zinc Salt
  • Acetic Acid
  • Acetone
  • Others

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

to be continued…!

About FMI

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

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Rodent Control Pesticides Market projected to grow at a CAGR of over 6.8% during 2022-2032

According to Future Market Insights, market research and competitive intelligence provider, global rodenticide consumption has increased at a CAGR of roughly 6.3% over the last half-decade. The global Rodent Control Pesticides market is valued at US$ 5.6 Bn in 2021 and is expected to reach US$ 11.6 Bn by 2032, expanding at a CAGR of 6.8% between 2022 and 2032.

Attributes Details
Rodent Control Pesticides Market CAGR (2022-2032) 6.8%
Rodent Control Pesticides Market Size (2022) US$ 6 Bn
Rodent Control Pesticides Market Size (2032) US$ 11.6 Bn

The increased incidence of transferrable illnesses such as Hantavirus infection, plague, and Lassa fever, which impacts humans, the environment, and wildlife, have been the key factors spurring the sales of Rodent Control Pesticides worldwide. There has been widespread consumption growth for rodent control products in residential, commercial, and industrial settings in the recent past.

Owing to the surge in demand, the market participants are working towards the launch of new products to efficiently reduce the rodent population. The growing number of workplaces, hotels, hospitals, and housing units, as well as a preference for high hygiene standards, are projected to drive demand in the forthcoming years.

Natural Rodent Control Pesticides are biodegradable and toxic to humans, pets, and wildlife, but they will not pose a threat to domestic animals or humans if consumed by accident. Furthermore, these substances are cost-effective, as they do not fit specific storage, handling, transportation, or disposal system.

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Rodent Control Pesticides give efficient and speedy results in the destruction of rodents, which is projected to drive their demand throughout the forecast period. However, rigorous government regulations governing the use of active substances are expected to limit market development in the future years. Rodent Control Pesticides are often offered in the form of pellets, blocks, powder, or spray.

Key Takeaways from Market Study

  • Rodent Control Pesticides Market was valued at US$ 5.6 Bn in 2021. According to Future Market Insights, Rodent Control Pesticides Market revenue would increase 1.9X between 2022 and 2032, reaching roughly US$ 11.6 Bn in 2032.
  • In terms of Type, the Anticoagulant Rodent Control Pesticides account for the largest share with a projected CAGR of 7.1%.
  • In terms of End-Use of Rodent Control Pesticides, revenue through Agriculture is projected to register a CAGR of 7.2% during 2017-21.
  • US is the dominant region in the Rodent Control Pesticides Market with an absolute dollar growth opportunity of over US$ 2 Bn, during 2022 – 2032.

Winning Strategy

Rising worries about economic loss caused by rat damage in agricultural areas are expected to fuel market expansion in the future years. Environmental worries over the use of chemicals and their harmful effects on people and other living organisms, on the other hand, are likely to limit demand. As a result, product application is heavily restricted by strict legislation.

In North America and Europe, strict laws governing the use of chemical Rodent Control Pesticides have been enacted. For example, all pesticide products in the United States must be registered with the Environmental Protection Agency (EPA) before they may be marketed to the general public. The EPA regulates these products under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA).

Competitive Environment

The worldwide Rodent Control Pesticides market is fragmented, with a few multinational players and several new firms contending for a fair portion of the market. BASF SE, Bayer AG, Syngenta, Liphatech Inc., PelGar International, JT Eaton, Neogen Corporation, and Rentokil Initial plc are among the most active participants. These firms are looking for new markets to expand into, either by releasing a new product line after studying, developing, and field-testing it or by purchasing a manufacturing unit.

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Some of the recent developments of key Rodent Control Pesticides providers are as follows:

  • In September 2020, PelGar announced the launch of Cimetrol super RFU, which is a ready-to-use water-based spray for controlling several flying and crawling insects.
  • In July 2020, PelGar announced that it has moved its R&D for testing to its head office in Alton, UK

Market Segments Covered in Rodent Control Pesticides Market Analysis

By Type:

  • Anticoagulant
  • Non-anticoagulant

By End-Use:

  • Pest Control
  • Agriculture
  • Warehouse
  • Household
  • Urban Centers

By Region:

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

to be continued…!
About FMI

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

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Textile Colors Market projected to grow at a CAGR of over 6.2% during 2022 – 2032

According to Future Market Insights, a market research and competitive intelligence provider, Global consumption of Textile Colors experienced significant growth over a five- to six-percentage-point increase in the last five years. The global Textile Colors market was valued at US$ 5.8 Bn in 2021 and is expected to reach a valuation of US$ 11.1 Bn by 2032, expanding at a CAGR of 6.2% between 2022 and 2032. Textile Colors are dyes that are used to produce various textiles such as fabrics, yarns, and fibers. This specific dye may be found as a liquid solution, dry powder, or solid chunk.

The dye may be produced as semi-continuous, continuous, or batch processes. Textile Colors are commonly employed in a variety of industries, including the creation of material to arrange garments and loose fibers through yarn.

One of the principal factors driving the growth of the Textile Colors market is increasing innovation in the Textile Colors sector. Furthermore, demand for vibrant fabrics and fibers, significant R&D expenditures in plant-based dyes, increased demand for Textile Colors in the Asia-Pacific region, and lower costs in production are likely to drive this sector forward.

However, over-capacity in the marketplace for Textile Colors and fluctuations in the prices of raw materials restrict the market of Textile Colors, while, stringent environmental regulations and leftover by-products of the production process are non-biodegradable that significantly hinders market expansion.

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Key Takeaways from Market Study

  • Textile Colors Market was valued at US$ 5.8 Bn in 2021. According to Future Market Insights, Textile Colors market revenue would increase 1.8X between 2022 and 2032, reaching roughly US$ 11.1 Bn in 2032.
  • In terms of Dye Type, the Direct Dye is projected to account for the highest projected CAGR of over 6.5%.
  • In terms of Fiber Types of Textile Colors, revenue through the Polyester category is expected to be the highest. Revenue growth through this category is projected to witness a CAGR of 4.5% during the historical period.
  • US remains the dominant region in the Textile Colors Market with an absolute dollar growth opportunity of over US$ 1.8 Bn.

Winning Strategy

Water is used extensively in the dyeing and bleaching of textiles. As the water level drops with each passing day, it is becoming increasingly important to develop dying processes and methods that use less water. The need for organically derived eco-friendly dyes is expected to increase in the near future. This is due to the fact that consumer awareness has risen. Producers are also making it a point to supply less harmful products as part of their corporate social responsibility.

Competitive Environment

Leading textile dye manufacturers use a variety of expansion tactics, ranging from new product releases to full or partial mergers and acquisitions, partnerships, and capacity expansion.

Dow, BASF SE, Huntsman International LLC., Evonik Industries AG, Ineos Group AG, LANXESS, SABIC, Exxon Mobil Corporation, Kronos Incorporated., Kiri Industries Ltd, Archroma, ALLIED INDUSTRIAL CORP., LTD, Organic Dyes and Pigments, Sumitomo Chemical Co., Ltd., Dayglo Color Corporation, Anand International, SAMCO, and VASU CHEMICALS LLP are some of the key players operational in the Textile Colors market.

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Some of the recent developments of key Textile Colors providers are as follows:

  • In June 2021, Archroma’s Polyester Library introduced the Color Atlas in with 1,440 hues for sportswear, athleisure, swimwear, children’s clothes, shoes, fashion, and home textiles. The atlas enables experts to rapidly create the palettes they want.
  • In July 2020, Sun Chemical purchased the ink business of Sensient Technologies Corporation, thus expanding the former’s product portfolio for textile and dye sublimation printing.

Market Segments Covered in Textile Colors Market Analysis

By Dye Type:

  • Disperse
  • Reactive
  • Direct
  • Acid
  • Vat
  • Basic

By Fiber Type:

  • Cotton
  • Viscose
  • Wool
  • Nylon
  • Polyester
  • Acrylic

Future Market Insight’s Domain Knowledge in Chemicals and Materials Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemicals and materials domain team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the chemicals and materials industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

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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Ethylene Copolymers Market anticipated to have a steady CAGR of 4.2% during the period 2022-2032

The ethylene copolymers market is anticipated to have a steady CAGR of 4.2% during the period 2022-2032. The ethylene copolymers market size is predicted to grow from US$ 57.4 Bn in 2022 to US$ 86.6 Billion in 2032.

The global vehicle industry’s increasing need for ethylene copolymers is regarded as a key driver driving the global ethylene copolymers market. Ethylene copolymers are used to make weatherstripping and seals for automobiles. These copolymers are added to motor oils as a supplement. Engine mounts, brake parts, and windshield wipers are among the products made with them.

Another major factor driving demand for ethylene copolymers is an increase in the need for industrial rubber for use in tire manufacturing. The worldwide vehicle rubber-molded components market is expected to be revolutionised in the near future as a result of research and development operations in the automobile and automobile component sectors.

During the forecast period, demand for ethylene copolymers s is expected to be driven by innovations (such as eco-friendly rubber components made from soy oil) and research labs working to develop better and more durable rubber materials (such as EPDM). The global e ethylene copolymers market is expected to benefit from an increase in demand for lightweight automotive components in order to produce more fuel-efficient automobiles.

Because of its qualities, such as heat resistance, chemical reactivity, formulation flexibility, and cohesion and adhesion, demand for ethylene copolymers is gradually increasing. The packaging and automobile industries are also expected to boost the demand for ethylene copolymers. The demand for ethylene copolymers is projected to be fuelled by food packaging.

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As per the ethylene copolymers market analysis, the industry is expected to increase further as customers become more mindful of waste packaging and recycling. Increased R&D initiatives for technological and equipment development, as well as creative product offerings by companies, are all contributing to the growth of the ethylene copolymer market.

The adoption of ethylene copolymers may be hampered by fluctuating raw material prices and regulatory regulations on various compounds. Nonetheless, there are chances for ethylene copolymers market players to engage in this market, given the consistent growth of the chemical processing industry and the automotive and packaging industries.

Key Takeaways:

  • Over the next eight years, the rise of the automobile industry in some regions, such as India and China, is predicted to drive demand for ethylene copolymers.
  • Due to the growing presence of significant companies in the food and beverage and consumer products industries in the United States and Canada, North America dominates the ethylene copolymers market.
  • Ethylene Vinyl Acetate (EVA) segment type leads the ethylene copolymers market with the projected CAGR of 3.9% by 2032.
  • Hot Melt Adhesives segment leads the market by application with the projected CAGR of 4.0% by 2032.

Competitive Landscape:

Product launches, product approvals, and other growth initiatives such as patents and events are all being focused on by various companies. Acquisitions, as well as partnerships and collaborations, were among the ethylene copolymers market’s growth tactics. These initiatives have paved the road for market players to expand their business and client base.

The major players covered in the ethylene copolymers market report are BASF SE, Celanese Corporation, Dow, Exxon Mobil Corporation, N SHASHIKANT & CO., Benson Polymers Limited, Dycon Chemicals, Triveni chemicals, AVH Polychem Private Limited., Sushila Parmar International Pvt. Ltd, Amatya Impex Private Limited., Jai Chemicals., Trinity Pigment Industries, Khushi Enterprises LANXESS, LyondellBasell Industries Holdings B.V, Sipchem and USI Corporation, among other domestic and global players.

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The businesses are pursuing a variety of growth strategies and spending heavily in the development of technologically advanced, one-of-a-kind, and biodegradable products to change the ethylene copolymers market outlook.

Avantium N.V. was awarded a Horizon 2020 grant for 25 million euros ($28 million) to develop an innovative value chain for plant-based furan dicarboxylic acid and polyethene furonoate, which are used to make biodegradable products. The new expansion is being fueled by an increase in demand for renewable and biodegradable materials. Green polyethylene and bio-based EVA resin, for example, are guiding the chemical sector toward more sustainable innovation.

Key Segments

By Application

  • Hot Melt Adhesives
  • Asphalt Modification
  • Thermo Adhesive Films
  • Others

By Type:

  • Ethylene Vinyl Acetate (EVA)
  • Ethylene Ethyl Acrylate (EEA)
  • Ethylene Butyl Acrylate (EBA)
  • Ethylene Propylene
  • Others

By End Use:

  • Packaging
  • Building & Construction
  • Automotive
  • Textiles
  • Others

By Region:

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

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment

to be continued…!

About FMI

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

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs