Acoustic Insulation Market is likely to reach US$ 22.9 Billion by 2032

The global customer revenue optimization (CRO) software market is expected to rise at a CAGR of 7.1% to reach a market valuation of US$ 18.2 Bn by 2032 from US$ 9.2 Bn by 2022.

Rising technological advancements, coupled with effective business workflow potential, are key driving forces for customer revenue optimization software market size growth. Furthermore, the rising demand for revenue management solutions across a wide range of industries has had a positive impact on the market for customer revenue optimization software.

Customer revenue optimization (CRO) software is a CRM evolution that uses data from that system for intelligent power interactions. Relationship maps and organizational charts, sales analytics, customer account planning, automated deal renewal, and other applications may be included in a customer revenue optimization system to help win bigger deals by better knowing the client.

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List of Key Players Covered in Customer Revenue Optimization (CRO) Software Market are:

  • Altify
  • Revegy Inc
  • Gainsight Inc.
  • Sales Optimizer LLC
  • Evergent Technologies Inc.

Demand for customer revenue optimization software has been high as a result of its ability to improve business productivity standards, which has acted as a primary driving element in the market’s significant expansion. Customer revenue optimization software enables businesses to maximize income per customer while keeping a solid customer relationship.

Furthermore, customer revenue optimization software functions as an updated version of CRM software, assisting sales teams in increasing revenues by leveraging data from marketing, customer service, and other sources.

The customer revenue optimization (CRO) software market adoption trends indicate that the software is becoming increasingly popular among businesses because it provides real-time business insights much faster than traditional methods, increasing team efficiency and raising performance expectations.

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Key Takeaways

  • The sales analytics deployment segment of the customer revenue optimization (CRO) software market is expected to rise at a CAGR of 7.1% throughout the forecast period.
  • Rising technical improvements, as well as the software’s potential to improve business productivity standards, are some of the primary driving factors fueling the market for customer revenue optimization software. During the forecast period, North America is expected to have a significant increase in the worldwide customer revenue optimization software market. High investments in research and development have contributed to the region’s high growth in the customer revenue software industry. Large organizations across the area are increasingly adopting revenue management systems, which has fueled the expansion of customer revenue software and improved the customer revenue optimization (CRO) software market outlook.
  • The US customer revenue optimization software market size is expected to reach US$ 6.3 Bn by 2032. Rising digitalization, as well as the expansion of industrial sectors aimed at boosting corporate productivity standards, is having a significant impact on the growth of the customer revenue optimization software market in this area.

The customer revenue optimization (CRO) software market adoption trends indicate that the software is becoming increasingly popular among businesses because it provides real-time business insights much faster than traditional methods, increasing team efficiency and raising performance expectations.

The high rise in productivity in business is a significant factor in driving the customer revenue optimization software market share forward.

As per the customer revenue optimization (CRO) software market study, one of the key roadblocks to the expansion of the market is expected to be the requirement for large investments.

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Regional Insights

North America is expected to grow at a significant rate in the worldwide customer revenue optimization software market, with an anticipated CAGR of 6.9% expected during the forecast period. Significant investments in research & development activities have aided in the region’s high growth in the customer revenue software industry.

Large organizations across the area are increasingly adopting revenue management systems, which has fueled the expansion of customer revenue software.

By Region:

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

Detailed Table of Content:

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Fact.MR Analysis and Recommendations

2. Market Overview

2.1. Market Coverage

2.2. Market Definition

3. Market Risks and Trends Assessment

4. Market Background 

5. Key Success Factors 

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Related Link :

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https://medium.com/@pinky97khalane/human-capital-management-market-latest-research-industry-analysis-driver-trends-business-1f14c092ebd4

https://network-759413.mn.co/posts/29025465https://acatpg.mn.co/posts/29025475?utm_source=manual

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TDS Meter Market is Expected to Witness a Healthy CAGR of 5.9% During the Forecast Period 2027

TDS meter market revenue closed in on US$ 1.5 billion in 2018, according to a new analytical study of Future Market Insights (FMI). The global TDS meter market value is likely to see nearly 5.4% yearly growth in 2019.

Extensively used in water purification applications, waste water regulation, and hydroponics, TDS meter finds wide applicability within governments (municipal corporations), industrial sectors, aquaculture industry, environmental science research, as well as in aquariums. Increasing adoption of TDS meters for testing the quality of water in pools & spas, residential areas, and hospitality segments further prompt at the positive growth outlook for global TDS meter market, in terms of revenue.

Increasing Consumption of TDS Meters Poised in Waste Water Treatment Applications

Increasing concerns about water conservation has been contributing to the growth of TDS meter market. Governments of various countries are focusing on waste water treatment to convert waste water into usable water.

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Increasing investments by governments to cope with rapid urbanisation, evolving water policies, growing adoption of safe water standards, and criticality of compliance with various international regulations & policies to ensure water safety is driving the TDS meter market.

High compatibility of TDS meters to the testing of physical, chemical, and biological attributes of water will continue to encourage the adoption within waste water treatment segment.

Governments of Emerging Regions to Extend Efforts in Line with “Safe Drinking Water Act”, Fostering TDS Meter Demand

While TDS meter demand will remain concentrated in the industrial sector of developed regional markets, potable water will remain the target area for TDS meter manufacturers within developing regions.

The TDS meter market in APEJ is projected to have a considerable share in the global TDS meter market. Governments are augmenting their investments to meet safe-water standards and comply with water policies, translating into higher demand growth in TDS meter within the APEJ’s market.

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On other hand, MEA’s TDS meter market is also expected to grow significantly through 2027. In the backdrop of presence of the smallest portion of population with safe access to potable water within the region, WHO has released strict guidelines pertaining to the availability of safe potable water for people in MEA. FMI’s study has cited this as an important factor pushing sales of TDS meters within the regional market. Governments in the MEA region are also focusing on improving the quality of water, which is another factor driving the TDS meter market in the region.

Tier 1 Companies in TDS Meter Market Focus on

As per FMI’s analysis, Hanna Instruments, Bante Instruments, HM Digital Ltd., and Halma are among the Tier 1 manufacturers of TDS meters, which are likely to maintain their strategic focus on product upgrades and new launches. Vendors will also continue to invest heavily in strategic acquisitions, as suggested by the report.

  • In 2018, Bante Instruments, one of the key manufacturers of TDS meters based in China, introduced a pocket TDS tester with an accuracy of ±1% F.S and temperature compensation of 50°C for measuring the purity of water and low-concentration liquids.

FMI’s report profiles some of the key vendors partaking in the competitive landscape of global TDS meter market, including Palintest, Hach, Apera Instruments, Eutech Instruments Pvt. Ltd., Panomex Inc., Horiba Ltd., Geotech Environmental Equipment Inc., Optiqua Technologies Pvt. Ltd., Intertek Group Plc, Systonic, General Tools & Instruments LLC, Pentair Plc, Milwaukee Instruments, Inc., Presto Group, and Precision Scientific Instruments Corporation among others.

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Key Segment

On the basis of product type

  • pen type TDS meter
  • portable TDS meter
  • benchtop TDS meter

On the basis of test range

  • auto range
  • low range (<2000ppm)
  • high range (>2000ppm)

On the basis of end use

  • governmental (municipal bodies)
  • agriculture
  • industrial
  • environmental sciences
  • aquariums
  • others

About FMI:

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

Contact:

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Fiber Optic Test Equipment Market to Grow at 6.8% CAGR through 2030 | FMI

Cost, performance, and reliability of equipment remain the top 3 expectations of fiber optic test equipment buyers, according to a survey conducted by Future Market Insights. The survey is part of the report that global fiber optic test equipment revenues market to grow at 6.8% CAGR through 2030.

Fiber optic cables have become the heart of modern-day data telecom network infrastructure. Technologies are playing key role in several businesses today, as majority of end users accent for more secured, faster, and larger communication system for network operations.

Fiber optics is leveraged on significant scales by various industries, and holds great potential going forward. As these network technologies continue to spread and user load continues to surge, development of standardized fiber optic test equipment has become increasingly crucial.

Key Findings

  • Adoption of optical spectrum analyzers and remote fiber test systems to surge
  • Stakeholders will continue to invest in handheld/portable equipment over the following decade
  • Sales to network equipment manufacturers and data centers will remain critical
  • US and Europe will remain lucrative, but opportunities in East Asian countries will be a key highlight

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COVID-19 Impact on Fiber Optic Test Equipment Market

As majority of people are working from home and connecting with their acquaintances online to avoid COVID-19 contagion, the connected ecosystem offered by telecommunication industry is highly beneficial. Surging need to connect remotely with colleagues and companions has shored up network traffic.

This rapid transition has highlighted the importance to establish resilient infrastructure networks during and after the COVID-19 chapter that can overcome crisis-led demand upsurges as well as potential disasters – thus, accenting for fiber optic cables.

In addition, companies are co-deploying fiber optic cables along other passive infrastructure networks such as roads, highways, railways, and power networks. Such activities are setting the stage for fiber optic test equipment market.

Competitive Landscape

The global market for fiber optic test equipment is moderately consolidated, as such, leading players are honing in on strategic mergers & acquisitions (M&A) to maintain their predominance in global landscape.

  • EXFO Inc. has taken over Astellia – which provides subscriber and network intelligence. With this acquisition, EXFO Inc. is looking to offer comprehensive fiber optic tester tools and network intelligence solutions to customers
  • Element Materials Technology has acquired PCTEST Engineering Laboratory Inc. with an aim to strengthen its position in testing and certification services domain in connected technologies industry
  • Corning has acquired all communication markets division of 3M Company in order to extend its reach to key growth regions, globally, and penetrate into in-building network market.
  • Viavi Solutions has collaborated with Ingram Micro (US) to distribute VIAVI test equipment in the US that are utilized for cable and fiber networks, and performance management solutions for business network infrastructure.

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Key SegmentEquipment Type

  • Optical Light Sources
  • Optical Power & Loss Meters
  • Remote Fiber Test Systems
  • Optical Time Domain Reflectometers
  • Optical Spectrum Analyzers
  • Other Test Equipment

Portability Type

  • Handheld/Portable
  • Bench-top

end use

  • Telecommunication Service Providers
  • Network Equipment Manufacturers
  • Data Centers
  • Cable Operator
  • Educational & Research Institutes
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia Pacific
  • East Asia
  • MEA

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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Conversational AI Market is anticipated to reach US$ 40.5 Billion in 2032

According to a recent study by FMI, the conversational AI market is expected to reach US$ 40.5 billion by 2032, up from US$ 8.3 billion in 2022, expanding at a high CAGR of 17.2%. This study explains that the key factors such as rise in demand for AI-based Gartner chatbots solutions are expected to augment the growth of the market during the forecast period.

The major factors that are expected to accelerate the growth of the conversational AI market during the forecast period include increasing demand for AI-powered customer support services, omnichannel deployment, and reduced chat bot development costs.  Furthermore, the rising demand for AI-based chatbots to stay connected and increasing focus on customer engagement are the major factors adding value to the conversational AI offerings, which is expected to provide opportunities for enterprises operating in various verticals in the conversational AI market.

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With advancements in the use of AI technology, organizations are making use of conversational AI solutions to offer customer service efficiently. This is another major factor that is expected to accelerate the market growth during the forecast period. The growing use of AI and NLP technologies has enabled companies to build intelligent agents and add services as well as perform tasks integrated with other multiple platforms.

There is further scope for the integration of new capabilities, such as gesture recognition in conversational AI offerings. These factors are further expected to propel the market growth over the analysis period.

Key Takeaways from the Market Study

  • Global Conversational AI Market was valued at US$ 8.3 Bn by 2022-end
  • The US to account for the highest value share of US$ 14.0 Bn of global market demand for Conversational AI Market in 2032
  • From 2015 to 2021, Conversational AI demand expanded at a CAGR of 28.2%
  • By Component, the Services category constitutes the bulk of Conversational AI Market with a CAGR of 16.6%.

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Competitive Landscape

Players in the global Conversational AI Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

  • In September 2021 Astro is a new and different kind of robot, one that’s designed to help customers with a range of tasks such as home monitoring and keeping in touch with family.
  • In April 2021, Microsoft announced the acquisition of an AI-based technology company, Nuance Communications, for USD 19.7 billion in an all-cash transaction. The acquisition of Nuance will expand Microsoft’s capabilities in voice recognition and transcription technology.
  • In March 2021, Google Cloud announced the general availability of Vertex AI, a managed machine learning (ML) platform that allows companies to accelerate the deployment and maintenance of artificial intelligence (AI) models.
  • In January 2020, AWS made Amazon Lex chatbot integration available in Amazon Connect in the Asia Pacific (Sydney) AWS region. Amazon Lex chatbots can assist users in changing passwords, bringing up requested account balances, and scheduling an appointment by vocalizing a prompt rather than saying a number from a list of options.

Know More About What the Conversational AI Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Conversational AI Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the Conversational AI Market, the market is segmented on the basis of component, type, deployment mode, organization size, mode of integration, technology, business function, and vertical across five major regions.

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Related Link :

https://primal-dread.mn.co/posts/human-capital-management-market-current-scenario-trends-comprehensive-analysis-and-regional-forecast-2020-to-2030

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https://faceblox.mn.co/posts/29025493

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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Fire Pump Test Meters Market is Likely to Secure a CAGR of 6.7% through 2032 | FMI

The fire pump test meters market growth is likely to continue an upward trajectory, with global demand set to surpass US$ 192 Mn in 2019, up from nearly 183 Mn in 2018. These insights are as per the latest FMI research study that projects a promising outlook for fire pump test meters market 2019 and beyond.

According to the study, broader trends, such as growing emphasis on enhancing operational efficiency and mitigating downtime continue to fuel investment in fire pump test meters.

The FMI study finds that end-users continue to show a marked preference for mid-sized pipes, owing to wider applications across a range of applications. The study opines that ‘5.1 inches to 9 inches’ will remain the topselling variant in 2019, with the status-quo unlikely to change during the course of the forecast period.

Stringent regulations and growing demand for Factory Mutual (FM)-approved fire pump test meters

Various associations and regulatory bodies have defined a set of standards that are needed to provide an essential level of security for fire protection systems. These standards and regulations are playing an important role and are creating high demand for fire pump test meters. Moreover, with steady growth in infrastructure in various countries around the world, the usage of high-performance fire protection systems is not only critical, but also necessary.

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Various providers of fire pump test meters are focusing on providing FM-approved and National Institute of Standards and Technology (NIST)-traceable calibrations. These are the some of the key standards that are contributing to the growth of the global fire pump test meters market.

FMI Survey Finds End-Users Prefer Grooved Fire Pump Test Meters over Flanged Variants

The FMI survey finds that fire pump test meters with grooved body type remain highly-favored, with global sales likely to equal a market value of over US$ 95 Mn in 2019. The oil, gas, and chemicals industries continue to spearhead demand, with the market benefitting from the recovery in oil prices. According to the study, evolving regulations concerning safety at oil & gas plants are likely to hard press stakeholders to bolster their security apparatus.

Fire pump test meter sales in the oil & gas industry are likely to be complemented by growing applications in power generation sector. Testing equipment, including fire pump test meters, is emerging as a viable investment for reducing high insurance costs in the power generation sector; the FMI study remains bullish on adoption of fire testing equipment in power generation sector in the future.

North America, spearheaded by healthy sales in the US, retains its lucrativeness in the fire pump testing meters market. The lucrativeness of this region can be attributed to growing emphasis on process streamlining by diverse industry verticals.

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The manufacturing framework of fire pump testing meters remains highly influenced by codes and standards issued by prominent organizations, such as National Fire Protection Association (NFPA), vis-à-vis design of fire pumps and related components. Moreover, NFPA guidelines on inspection of fire pump test meters post initial installation and on annual basis thereafter remains a crucial aspect encouraging manufacturers to offer value-added services. With disruptive innovations gaining traction, manufacturers are vying to offer advanced products that simplify testing processes with a high level of reliability.

Addressing the challenges associated with accuracy in high precision for even low-end readings remains a key focus area for manufacturers. Sensing the shifts in end-user demand, manufacturers are incorporating advanced materials to withstand extremes of operational environment. Fire pump test meter manufacturers are also offering extended warranties to boost consumer confidence and repeat sales.

Key Segment On the basis of pipe size

  • 1-5 inches
  • 5.1-9 inches
  • 9.1-12 inches

On the basis of body type

  • grooved
  • flanged
  • others

On the basis of end use

  • oil
  • gas & chemicals
  • power generation
  • manufacturing
  • fire protection
  • pulp & paper
  • other industries

About FMI:

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

Contact:

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Accounts Receivable Automation Market is CAGR of 10.7% during the period of 2022-2032

The Accounts Receivable Automation Market is anticipated to have a prodigious CAGR of 10.7% during the period of 2022-2032. The Accounts Receivable Automation Market is anticipated to reach US$ 6.6 Billion in 2032, from US$ 2.4 Billion in 2022.

“Growing focus on the improvement of cash flow and reduction in day sales, outstanding and reduced accounting cycle time are the major factors fueling the growth of the accounts receivable automation market.”

Key factors such as growing volumes of financial transactions have led to a need for an efficient cash management system.

The services segment is expected to grow at a higher growth rate during the forecast period.The services segment has been broadly classified into professional and managed services.

Accounts receivable automation vendors offer services to plan, design, implement, and deploy accounts receivable solutions. The increasing number of digital transactions in emerging economies is expected to fuel the demand for accounts receivable automation services.
• By Professional Services, the support & maintenance subsegment to hold the largest market share

The support & maintenance subsegment is expected to hold the largest market size.Support & maintenance services include support related to implementing and using the accounts receivable automation solution.

They include the support provided during, before, and after installation and other maintenance exercises. The demand for support & maintenance services is growing as they enable organizations to reap the maximum advantage from investments in the accounts receivable automation solution deployment.
• By Organization size, the SMEs segment to grow at the higher CAGR during the forecast period

The small & medium sized enterprises (SMEs) segment is projected to grow at the higher CAGR during the forecast period.Organizations with an employee range between 1 and 1,000 are categorized under the SMEs segment.

The accounts receivable automation solution enables SMEs to enhance their overall productivity by helping them reduce the time for processing an invoice. Hence, SMEs are increasing the adoption of the accounts receivable automation solutions to improve business outcomes.

The breakup of the profiles of the primary participants is given below:
• By Company: Tier 1 – 30%, Tier 2 – 45%, and Tier 3 – 25%
• By Designation: C-Level Executives – 40%, Directors – 35%, Others – 25%%
• By Region: North America – 38%, Europe – 32%, Asia Pacific – 18%, Middle East & Africa – 7%, and Latin America – 5%
Note: Others include sales managers, marketing managers, and product managers.
Note 1: Tier 1 companies’ revenues are more than USD 1 billion; tier 2 companies’ revenues range between USD 1 billion and USD 500 million; tier 3 companies’ revenues range between USD 500 million and 100 million.

Note 2: The figure above represents the indicative list of primary profiles
The following key Accounts receivable automation vendors are profiled in the report:
• Sage (UK)
• SAP (Germany)
• Oracle (US)
• Workday (US)
• Bottomline Technologies (US)
• Comarch (Poland)
• Esker (France)
• Zoho (India)
• BlackLine (US)
• HighRadius (US)
• Kofax (US)
• FinancialForce (US)
• Emagia (US)
• Versapay (Canada)
• Corcentric (US)
• Bill.com (US)
• Billtrust (US)
• Qvalia (Sweden)
• Accounting Seed (US)
• Redwood Software (Netherlands)

Research Coverage
MarketsandMarkets segments the Accounts receivable automation Market based on Component (Solutions and Services), Deployment Mode (Cloud and On-premises), Organization Size (Large Enterprises and SMEs), Vertical (BFSI, IT & Telecom, Manufacturing, Consumer Goods & Retail, Healthcare, Energy &, Utilities, and Other Verticals), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).
The report also provides a comprehensive review of the drivers, restraints, opportunities, and challenges in the accounts receivable automation market. The report also covers qualitative aspects in addition to the quantitative aspects of the market.

Related Link :

https://primal-dread.mn.co/posts/human-capital-management-market-current-scenario-trends-comprehensive-analysis-and-regional-forecast-2020-to-2030

https://medium.com/@pinky97khalane/human-capital-management-market-latest-research-industry-analysis-driver-trends-business-1f14c092ebd4

https://network-759413.mn.co/posts/29025465https://acatpg.mn.co/posts/29025475?utm_source=manual

https://faceblox.mn.co/posts/29025493

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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Toothbrush Sanitizer Market is Set to Witness A CAGR of 17.1%- 17.9% Through 2031

Growing awareness about the oral hygiene and harmful oral bacteria which causes several dental health hazards like gingivitis, oral herpes, canker sores, periodontal disease and others are the major factor toothbrush sanitizer  market.

Moreover, toothbrush sanitizer prevents harmful bacteria from wreaking havoc in the oral cavity which is creating a lot of traction among people resulting in an increasing demand for the product

Toothbrush Sanitizer Market Forecast and CAGR of ~17.1%- 17.9%

Growing awareness about the oral hygiene and harmful oral bacteria which causes several dental health hazards like gingivitis, oral herpes, canker sores, periodontal disease and others are the major factor driving the market. Moreover, toothbrush sanitizer prevents harmful bacteria from wreaking havoc in the oral cavity which is creating a lot of traction among people resulting in an increasing demand for the product.

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Also, easy product availability and growing e-commerce penetration are few other driving factors for growth. As a result, toothbrush sanitizer market is set to witness a CAGR of 17.1%- 17.9% during 2021-2031.

What is Driving Demand for Toothbrush Sanitizer Market?

The growing consumer preference for hygienic and safe products, coupled with the mounting inclination to buy new and trending products, is contributing to the growth of the toothbrush sanitizers market.

Consumers with moderate to high income, owing to their high expenditure power, are the main target audience for market players, which is contributing to the growth of the market.

In addition, COVID-19 had a positive impact on the toothbrush sanitizer market in 2020, resulting in higher shipment and revenue growth for toothbrush sanitizers and related components.

COVID-19 has significantly raised awareness among the public about basic hygiene and safety during the pandemic which has increased the demand for the product.

Innovative Marketing Techniques Complementing the Toothbrush Sanitizer Market Sales

Promoting toothbrush sanitizers through various innovative marketing techniques undertaken by manufacturers is the major driving force for the market.

Recruitment of well-certified dentists for branding, extensive distribution network in urban and rural markets for better product availability, partnership with sales staff and distributors, digital, print and visual media through advertising campaigns in magazines, newspapers, hoardings, radio, television, channels, billboards and competitive pricing strategies are some of the major innovative marketing methods followed by players due to strong competition, has increased the product visibility as well as the demand for the product in the market.

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US and Canada Toothbrush Sanitizer Market Outlook

In the U.S, the toothbrush sanitizer market is booming over the past few years and is expected to rise owing to spurring consumer’s income and their spending capacity. According to the reports published by American Cancer Society, about 35,000 throat, tongue and mouth cancers are diagnosed each year.

The average age of the maximum number of patients suffering from these disorders is 62. Awareness programs to prevent the disease are expected to increase the demand for the product in the coming year.

Similar report published by the US Centers for Disease Control and Prevention, which states that every fourth American life with untreated tooth decay, which is expected to become a silent epidemic in the world.

As a result, an increase in the number of oral problems is becoming a growing concern in the country, which, in turn, is driving the demand for toothbrush sanitizer in the region.

Europe Demand Outlook for Toothbrush Sanitizer Market

The demand for toothbrush sanitizer in the European market is estimated to grow significantly in the upcoming years.

In addition, the rising awareness of the product and rising dental problem due to changing lifestyle in the European market has a major contribution towards the upsurge in the demand of the toothbrush sanitizer.

In addition, the rapid growth of the e-commerce industry in the region creates lucrative market opportunities for producers to enter the market to gain a competitive market share, thus leading to product demand.

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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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Soil Field Testing Equipment Market is Likely to Secure a CAGR of 4.3% through 2032 | FMI

The criticality of the assessment of properties and quality of soil continues to sustain the sales of soil field testing equipment at a global level. As the participants in the construction industry are mandated to adhere to the National Bureau of Standards for soil resistive testing, it is more likely that on-field soil testing would continue to gather ground, subsequently boosting the demand for soil field testing equipment such as soil density volumeters, soil moisture testers, soil penetrometers, soil classification testers, soil resistivity testers, pocket shear vane sets, and digital pH meters.

According to a newly published market research intelligence by Future Market Insights, tightening regulatory norms set for testing the compatibility of building and construction materials with soil are predominantly driving the growth of soil field testing equipment market. Estimated to see moderate revenue growth in coming years, the approximately US$ 900 million global market for soil field testing equipment is expected to merely approach the valuation of a billion dollar towards 2020.

In addition to urbanization that is boosting the expenditure on building and construction, augmenting R&D investments initiated by governments as well as privately owned entities will continue to widen the prospects of soil field testing equipment adoption. Increasing stringency of the regulatory frameworks governing building and construction industry is also playing a prominent role in firming up the demand for soil field testing equipment worldwide.

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Over 30% Market Share Belongs to Water Permeability Testing Equipment

In an effort to satisfy soil density requirements set by the American Society for Testing and Materials (ASTM) and the American Association of State Highway and Transportation Officials (AASHTO), the industry is raising steady demand for soil field testing equipment.

ASTM standards defined for the desired soil permeability are significantly boosting demand for soil field testing equipment such as water permeability testers, which hold a substantial contribution in the global soil field testing equipment landscape, i.e. more than 30% of the total market value. Soil field testing equipment used in testing the soil density and consolidation are also slated for a considerable market revenue share, as indicated by the report.

Portable Soil Testing Equipment Explores Higher Applicability

While based on the type of machine, stationary soil field testing equipment currently accounts for more than half of the total market value, the report also prompts at the elevating adoption of portable soil field testing equipment. The latter, owing to superior functionality and convenient attributes such as light weight and low maintenance, will reportedly showcase relatively higher potential in terms of adoption across the industry.

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More Demand Projected to Flow to R&D Laboratories

Following the on-site segment, educational institutes are presumed to represent a sizeable value share in soil field testing equipment landscape. While the widening expanse of construction industry is propelling the demand for on-site soil testing equipment, R&D laboratories are also poised to represent a decent share in the total market value.

The report however prompts at a gradually increasing revenue share of educational institutes owing to relatively high yearly growth projections. A number of soil field testing equipment manufacturers are involved in conducting training workshops and seminars for customer companies, which is likely to boost the demand for soil field testing equipment in the near future.

Emerging Economies Mirror a Positive Growth Outlook for the Market

Asia Pacific (excluding Japan), with over 1/3rd value share in the soil field testing equipment landscape, is anticipated to remain at the forefront of global competition owing to the constantly thriving construction industry and emergence of highly attractive investment avenues residing in the region’s infrastructure domain. Increasing inclination of both consumers and industry stakeholders towards safe building and construction activities will remain a prominent factor pushing adoption of soil field testing equipment across APEJ.

Europe, although positioned as the next key regional market for manufacturers of soil field testing equipment, is slated for a sluggish growth in the revenue through the next few years. The region’s construction industry has been in its maturity phase over the recent past, which is likely to influence the growth of soil testing space across Europe. On contrary, the soil field testing equipment market in Latin America and Middle East & Africa are forecast to demonstrate promising year on year growth in by 2020 and ahead.

While the report points to key players in soil field testing market focusing on the technological advancements in existing portfolio of soil field testing equipment, automation also remains a key factor dictating their developmental strategies.

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Overseas expansion through strengthening online sales of soil field testing equipment is also projected to be an important strategy adopted by prominent manufacturers. According to the report, growing focus on the continuous development of advanced technology equipment for soil field testing is likely to push R&D investments of manufacturers.

Some of the leading companies in soil field testing equipment landscape that have been profiled in the FMI study include Controls S.p.A., Humboldt Mfg. Co., GlobalGilson.com, FilWEB, EIE Instruments, and ELE International.

Key Segment

Based on of location

  • on-site
  • R&D laboratory
  • educational institutes

Based on machine type

  • stationery
  • portable

Based on of test type

  • soil sampling tests
  • triaxials tests
  • CBR tests
  • density & consolidation tests
  • water permeability tests

About FMI:

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

Contact:

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Cloud ERP Market is predicted to grow from US$ 53 Mn in 2021 to US$ 277 Mn in 2032

The global cloud ERP market is expected to reach a valuation of US$ 277 Mn by 2032 from US$ 63 Mn in 2022, rising rapidly at a CAGR of 16% throughout the forecast period.

The growing desire among businesses to improve operational efficiency and optimize business operations, the impact of the COVID-19 pandemic, and the increasing use of cloud-based solutions are all driving the expansion of the cloud ERP sector.

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According to the global cloud ERP market study, businesses all over the world are concentrating on optimizing their business processes in order to increase operational efficiency while keeping track of running costs.

Businesses are looking for a centralized solution to manage a variety of business activities, including finance and accounting, sales and marketing, procurement, and supply chain management.

Cloud ERP gives businesses the flexibility and scalability they need to optimize their processes and increase efficiency.

Cloud ERP guarantees speedy delivery of precise financial records, effective fiscal effectiveness, rapid data-driven judgments, enhanced product and stock limits, streamlined applications, components, and network equipment, easy adoption of common standards across plants and business units, rapid integration of acquired innovations, and more consistent operating performance, thus positively impacting the cloud ERP market adoption trends.

Although cloud-based solutions give businesses more flexibility and scale, they often limit customized choices. The core product set of SaaS-based platforms now includes customizations.

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Enterprises that require substantial customization, especially with respect to major functions, may find it challenging to do so with a SaaS-based ERP system. The majority of cloud ERP suppliers offer apps such as human capital management or CRM; however, just a few vendors offer a single suite of solutions that meets most user needs. These restrictions are limiting cloud ERP adoption and limiting the cloud ERP market growth.

Organizations have gradually begun to integrate cloud ERP solutions and services. However, organizations still face considerable hurdles in integrating these solutions with their existing systems due to system complexities and implementation costs. Existing legacy systems must be tightly connected with new ones in order for cloud ERP to be implemented successfully.

Due to a lack of resources, a few firms continue to rely on their present systems, which are based on outdated technology and include manual processes, which result in a high rate of mistakes and a long turnaround time. Furthermore, there may be a number of legacy programs that are incompatible with new systems or require additional integration effort.
Furthermore, because current legacy systems are primarily on-premises, integrating them with new cloud-based systems could be a barrier to digital process automation solutions and services adoption.

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Key Takeaways

  • Financial data is gathered, and reports, such as ledgers, trial balance data, overall balance sheets, and quarterly financial statements are generated using the cloud ERP. During the projected period, the finance and accounting solution segment is expected to increase at the quickest rate.
  • The BFSI sector is expected to see significant growth in the overall cloud ERP market since these solutions are primarily employed to improve customer experience. Meanwhile, with features such as live operational tracking, secure transactions, and assessment and investigation, it is also being utilized to manage sensitive and critical data of consumers.
  • The North American region of the global cloud ERP market is projected to advance at a CAGR of 16% throughout the forecast period.
  • During the projected timeline, the large enterprise sector is projected to have the largest cloud ERP market share. It is expected to register a growth rate of 16.5% throughout the forecast period.
  • A progressive trend away from brick and mortar retail and on-premise work toward working from home has created an underlying need for cloud ERP solutions across a wide range of sectors.

Competitive Landscape

leading participants in the cloud ERP market.

  • SAP
  • Oracle
  • Acumatica
  • IFS
  • Global Shop Solutions
  • Infor
  • Sage Software
  • Plex System
  • Epicor
  • MIE Track Pro
  • Unit 4
  • Workday
  • SYSPRO
  • QAD Inc
  • Deltek
  • Microsoft
  • IQMS
  • Ramco System
  • Genius Solutions
  • OpenPro

By Region:

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

Detailed Table of Content:

1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. Fact.MR Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment 

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Cloud ERP

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

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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.

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Future Market Insights,
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Rheometers Market Growth at 12% CAGR by the Forecast year 2031 | FMI

Revenue generated in the testing and certification agency segment of the rheometers market increased at a robust 11.5% year over year in 2021. As per Future Market Insights (FMI), demand in the Industrial segment increased by 8.6% between 2020 and 2021, facilitating the combined Rheometer markets year-over-year growth at 9.3% in 2021.

As per Future Market Insights (FMI) analysis, the Rheometers Market is projected to be valued at ~US$ 887.6 Mn in 2021, expanding at a CAGR of ~12.0% over the forecast period of 2021-2031. The ongoing crisis caused by COVID-19 pandemic has caused severe impact on the global economy. It has resulted in complete shutdown of the supply chain networks and manufacturing activities. Subsequently it has affected the Rheometers Market causing a significant drop in the market growth.

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A recent market study published by FMI on the Rheometers Market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the Rheometers Market, the growth prospects of the market are obtained with maximum precision.

The growth of Rheometers Market is driven by increasing demand from various end use industries such as polymer & rubber, pharmaceutical, food & beverages, building & construction material, petrochemical industries and others. Rheometer adoption is increasing across the food industry. In food industries, versatile models and extremely precise rheometers are now becoming common to increase the efficiency of production line.

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Rheometers Market by Category

By Equipment Type:

  • Capillary Rheometers
  • Oscillatory Rheometers
  • Rotational Rheometers

By Sales Channel:

  • Offline
  • Online

By End User:

  • Industrial
    • Pharmaceutical
    • Industrial Oils and Lubricants
    • Paints & Coating
    • Food & Beverages
    • Petrochemicals
    • Cosmetics
    • Polymers & Rubber
    • Others (Research & Academician and Building & Construction Materials)
  • Testing & certification Agencies

By Region:

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

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:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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