Procurement Analytics Market to register a CAGR of 22.1% during 2022 – 2032

The Procurement Analytics Market revenues were estimated at US$ 2.6 Bn in 2021 and is anticipated to grow at a CAGR of 22.5% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 24.8 Bn. With the surge in revenue growth of SMEs, they have started to invest in technology to improve their supply chain and minimize operational costs.  

 SMEs account for almost 90% of all businesses and more than half of all jobs worldwide, according to the World Bank. Formal SMEs make for up to 40% of national income in emerging economies. Big data, governance, and data catalogues have been prioritized by SMEs, with a sustained focus on dashboards, reporting, and sophisticated visualization.  

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 Procurement Analytics assists SMEs in automating their processes by saving time and money while enhancing productivity and efficiency. It also focuses on core activities rather than regular business tasks, allowing it to focus on what matters most. It also aids in client communication and the creation of a digital presence, which help SMEs differentiate themselves from their competition at a low cost. 

 Key Takeaways from the Market Study 

  • Global Procurement Analytics Market is expected to reach a valuation of US$ 3.3 Bn by 2022.  
  • Supply Chain Analytics segment is expected to account for the highest CAGR rate of 22.1% during the forecast period. 
  • United States is projected to remain the most dominant market with an absolute dollar growth opportunity of US$ 7.6 Bn during 2022 – 2032. 
  • The market in US is set to experience the highest CAGR of 22.3% during 2022-2032. 

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 Competitive Landscape 

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Procurement Analytics Market are focused on R&D to produce innovative technological solutions. 

  • In April 2022, The Kraft Heinz Business and Microsoft Corp. established a partnership to create solutions to help the consumer products be more robust in their supply chain. The endeavour is a key driver of Kraft Heinz’s ambitious AGILE SCALE strategy, and it is one of the company’s largest technology investments at present. 
  • In March 2022, HSBC and IBM announced today that they will collaborate to investigate quantum computing applications in financial services. The new three-year agreement seeks to boost HSBC’s quantum computing skills and ensure the bank’s preparedness to fully implement the technology.  

 More Insights Available 

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

The study reveals extensive growth in Procurement Analytics Market in terms of Component (Solutions and Services), by Application (Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management and Category Management), by Deployment Mode (Cloud and On-premises), by Organization Site (Large Enterprises and Small & Medium-sized Enterprises), by Industry Vertical (BFSI, Retail & e-commerce, Telecom and IT, Manufacturing, Healthcare and Lifesciences, Energy and Utilities, Government and Defence) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa). 

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Market Segments Covered in Procurement Analytics Market Analysis

By Component:

  • Solutions
  • Services
    • Managed Services
    • Professional Services

By Application:

  • Supply Chain Analytics
  • Risk Analytics
  • Spend Analytics
  • Demand Forecasting
  • Contract Management
  • Vendor Management
  • Category Management

By Deployment Mode:

  • Cloud based Procurement Analytics Solutions
  • On-premises Procurement Analytics Solutions

By Organization Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

By Industry Vertical:

  • BFSI
  • Retail and e-Commerce
  • Telecom and IT
  • Manufacturing
  • Healthcare and Life Sciences
  • Energy and Utilities
  • Government and defence

By Region:

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

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Hyperlocal Delivery Apps Market is expected to reach ~US$ 8,856.6 Mn by 2032

According to Future Market Insights (FMI), the hyperlocal delivery apps market is expected to witness growth at a CAGR of around 22.6% over the forecast period (2022-2032). The report states that the market is expected to reach the valuation of ~US$ 1,155.2 Mn by end of 2022.

As per Future Market Insights, surge in demand for digitalization and fast penetration of smartphones with internet connectivity to drive the growth of hyperlocal delivery apps market in the coming years.

Rising advancements in SaaS in the delivery operations for performance improvements, end-to- visibility with cost effectiveness is expected to drive the hyperlocal delivery apps market and present attractive growth possibilities for hyperlocal delivery apps software and platform vendors.

Moreover, advancements in logistics infrastructure, improved lifestyle with changing customer preferences for short delivery timelines is expected to drive the market growth. The increasing requirements for fresh produce, standardized products with on-demand services is surging the hyperlocal delivery apps market.

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Key Takeaways: Hyperlocal Delivery Apps Market

  • By type, the mobile-based hyperlocal delivery applications segment is anticipated to grow at a robust CAGR of 6% through 2032.
  • By industry, the retail & CPG segment is anticipated to increase at a CAGR of 3% between 2022 & 2032.
  • North America is dominating hyperlocal delivery apps market followed by Europe region in 2022.
  • South Asia & Pacific is estimated to be the fastest growing region in the global hyperlocal delivery apps market during the forecast period.
  • The U.S. hyperlocal delivery apps market is expected to progress at a CAGR of around 7% through 2032.
  • In India, hyperlocal delivery apps market is expected to grow by 2X during the forecast period.
  • Hyperlocal delivery apps market in China is estimated to witness the absolute opportunity of US$ 903.1 Mn in the forecast period.

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Rising Demand for Faster Delivery Fulfilments to Drive Hyperlocal Delivery Apps Market

Growing expectations of quick and instant deliveries have been a tipping point in e-commerce industry. Increasing online purchases with quick delivery timelines is fuelling the growth of hyperlocal delivery applications.

Furthermore, surging investments in logistics and supply chain management for adapting to changing demand and supply dynamics, e-commerce fulfilment and volatile economy is increasing demand the market demand.

Moreover, efficient management of the increasing broad scope of supply chain management which includes demand forecasting, production scheduling warehouse & center distribution management fuels the investments in supply chain industry driving the market growth of hyperlocal delivery apps.

More Valuable Insights on Hyperlocal Delivery Apps Market

Future Market Insight’s report on the hyperlocal delivery apps industry research is segmented into three major sections – type (mobile-based hyperlocal delivery apps, web-based hyperlocal delivery apps), industry (retail & CPG, medical & healthcare, food & beverages, courier express & parcel and others) and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the hyperlocal delivery apps demand outlook.

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About Electronics, Semiconductor and ICT Division at Future Market Insights

Expert analysis, strategic recommendations and actionable insights- the electronics, semiconductors, and ICT team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, & ICT, of which 100+ reports are specifically on solutions, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductors, and ICT industry.

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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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Rail Freight Digital Transformation Market is anticipated to reach a market share of US$ 142.68 Bn by 2032

The Rail freight Digital Transportation refers to the use of rails or trains to transport goods and cargos over long distances across cities and countries. They are typically used for transporting bulk commodities and goods from source to the intended destination hauled by locomotives on the railroads. However, past few years, the rail freight transportation sector is getting highly influenced by the digital transformation services, to improve operational efficiency and optimize the infrastructure costs. 

Digital technologies such as cloud computing, Artificial Intelligence (AI), Internet of Things (IoT), 5Gcybersecurity, big data and analytics have transformed the rail freight business positively. The rail freight digital transformation solution and services are creating new opportunities which are more agile to transform the rail freight business, by developing new models and freight management systems to monitor the core operations of the rail freight transportation industry. 

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Rail Freight Digital Transformation Market – Novel Developments 

Key players in the Rail Freight Digital Transformation market are focusing on product innovation and strategic partnerships with the technology vendors to collaborate for offering digital transformation solution and services for sustained business growth: 

  • In 2019, VTG AG- a leading rail logistics company, launched solutions for rail freight transformation under VTG Connect digitization initiative, for optimizing rail freight logistics operations and predictive maintenance. 
  • In 2018, DXC Technology collaborated with New York Metropolitan Transportation Authority (MTA), to implement enterprise asset management solution for optimizing rail transport maintenance activities to support its digital transformation services. 
  • In 2018, IT service giant TCS partnered with SAP Leonardo to develop an Intelligent Rail Digital Maintenance (iRDM) solution for conducting predictive maintenance to reduce unplanned network outrage and breakdown, thus increasing the efficiency and boost safety. 
  • In 2018, Dutch Railways collaborated with Railnova, a leading provider of predictive maintenance and IoT solutions for railways, to deploy real-time monitoring solution to enable predictive maintenance. 

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Rail Freight Digital Transformation Market- Dynamics 

Rail Freight Digital Transformation Market- Asia Pacific  

Asia Pacific has one of the busiest and largest rail networks in the world and is estimated to emerge as a highly lucrative region for rail freight digital transformation market. As China’s One Belt One Road (OBOR) global development strategy is gaining traction, the rail freight volumes in the Asia Pacific region tends to increase.

According to China Railway, rail freight volume for goods in China for 2018 was 4.0 billion tonnes and is estimated to reach 4.8 billion tonnes by 2020. Moreover, Indian Railway is planning to triple its rail freight volume by 2030. Such massive freight volume statistics shows the growth and opportunities for rail freight transportation industry in Asia Pacific countries. 

Digital technologies has emerged as a key driver for rail freight industry in the Asia Pacific region. The use of IoT, 5G, Augmented and Virtual Reality (AR/VR) techniques, and cybersecurity, for rail freight management has streamlined the operations and reduced the costs. The governments in the Asia Pacific region are doing big investments to implement the rail freight digital transformation services, in the coming years. 

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Rail Freight Digital Transformation Market – Aging Traditional Rail Freight Transportation Network to Boost Demand for Digital Transformation 

Rail freight transportation is traditionally a very old industry. The aging rail infrastructure is failing to fulfil the growing rail freight volume demand year-on-year. With the tremendous increasing in the pace of technology and digital services, the rail freight transportation infrastructure is disrupting at a very high level.

The use of technologies such as 5G and LTE for high speed connectivity, cloud infrastructure for scalability and backend rail freight operations, cybersecurity systems for rail safety etc., is revolutionizing rail freight transportation market. These technological breakthroughs would provide immense growth opportunities in the rail freight digital transformation market in the next 5 years. 

Rail Freight Digital Transformation Market – Technology Vendors Focus on Strategic Collaborations with Railways to Commercialize Products for High Profitability 

Technology vendors such as SAP, DXC Technologies, Ericsson, VTG and others are doing strategic collaborations with the governments around the world for multi-year contracts to revolutionize the rail freight transportation via digitization. The rail freight digital transformation promotes the adoption of cutting-edge technologies to complement the traditional rail freight supply chain to build a robust digital foundation, to automate operations, maintenance, safety and other core functions with increased efficiency. 

Key Players

  • SAP
  • DXC Technologies
  • Ericsson
  • VTG

KEY SEGMENTS

By Solution:

  • Rail Freight Operation Information Systems
  • Rail Predictive Maintenance
  • Rail Freight Tracking & Monitoring
  • Rail Cargo & Warehouse Management
  • Security & Incident Management
  • Advanced Signaling & Communications
  • Others

By Services:

  • Freight & Logistics Consulting
  • Advanced Technology Implementation & Deployment
  • Incident Response Services
  • Managed Services

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Physical Security Market is expected to reach a sum of US$ 229.11 Billion by 2032

During the forecast period 2022-2032, the physical security market is expected to grow at a value of 6.3%. In 2021, this market was predicted to have a global valuation of US$ 117 Billion, and is expected to reach a sum of US$ 229.11 Billion by 2032. The market is going to face increasing demand owing to the increase in security concerns of the consumers for both residential and organizational purposes.

From 2017 to 2021, the physical security industry grew at a CAGR of 5.9%. Global physical security market growth has been boosted by an increase in terror attacks and an increase in awareness. Moreover, technological advancements have also contributed to the growth of the physical security market.

Physical security market growth, however, is hindered by privacy concerns and lack of integration between physical and logical security. On the other hand, the escalating demand for security in smart cities is likely to offer lucrative opportunities for the expansion of the physical security market during the forecast period.

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North America is expected to maintain its leadership position in the physical security industry during the forecast period, owing to a rise in the adoption of physical security solutions across critical infrastructures such as nuclear power plants, chemical plants, and oil and gas facilities across the region. However, Asia-Pacific is expected to be one of the fastest growing regions during the forecast period, driven by a high demand for physical security solutions and an increase in terror attacks.

Key Takeaways from the Market Study

  • In 2022, the global physical security market is estimated to have a global market size of US$ 124.37 Billion.
  • The physical security market in North America acquired 39% of the global market share in 2021.
  • The APAC region is expected to grow with a 5.5% CAGR during 2022-2032.
  • The systems segment took over 66% of the global physical security market share in 2021.
  • The market was dominated by the SMEs segment in 2021 and a 8.5% CAGR is expected during 2022-2032.
  • The residential segment is projected to exhibit a 7% CAGR during 2022-2032.

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Competitive Landscape

To gain a larger share of the market, top companies provide diverse solutions to address a range of applications. Moreover, companies seek to increase their market share by merging, acquiring, and forming strategic alliances. The company pursues a variety of strategic initiatives to achieve its goals, including partnerships, mergers, acquisitions, collaborations, and new product development. They offer systems and services to a wide range of industries.

  • Immersal-Part of Hexagon, which develops visual positioning systems and mapping software, has been acquired by Hexagon AB. in July 2021. A leader in PKI solutions, DigiCert, Inc., has partnered with Johnson Controls to provide advanced, digital, physical security solutions to buildings in May 2021.
  • Hangzhou Hikvision Digital Technology Co., Ltd. released its Hikvision AX PRO wireless external tri-tech detector and dedicated camera in February 2022.
  • An Edge360 security solutions provider partnered with Quanergy Systems, Inc., an AI-enabled LiDAR platform, in 2022. Edge360 will be able to provide video surveillance based on LiDAR technology in residential buildings and financial institutions as a result of this partnership.

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Key Segments Covered in the Physical Security Market Report

Physical Security Market by Component Type:

  • Physical Security Systems
    • Physical Access Control System (PACS)
    • Perimeter Intrusion Detection and Prevention
    • Video Surveillance System
    • Physical Security Information Management (PSIM)
    • Fire and Life Safety
    • Physical Identity & Access Management (PIAM)
  • Physical Security Services
    • Remote Monitoring
    • System Integration
    • Others
  • Other Physical Security Components

Physical Security Market by Organization Size:

  • Physical Security for SMEs
  • Physical Security for Large Enterprises

Physical Security Market by End Users:

  • Physical Security for Transportation
  • Physical Security for Banking & Finance
  • Physical Security for Government
  • Physical Security for Utility & Energy
  • Physical Security for Industrial Use
  • Physical Security for Residential Use
  • Physical Security for Retail
  • Physical Security for Hospitality
  • Physical Security for Commercial Use
  • Physical Security for Other End Users

Physical Security Market by Region:

  • North America Physical Security Market
  • Europe Physical Security Market
  • Asia Pacific Physical Security Market
  • Middle East & Africa Physical Security Market
  • Latin America Physical Security Market

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Lawful Interception Market of US$ 12.9 Billion during the 2022-2032

According to a recently released Future Market Insights study, the global market for lawful interceptions is predicted to reach US$ 12.9 billion while registering a CAGR of 14.8% between 2022 and 2032. The increased digitalization of businesses and rising cybercrime incidents are expected to have a major impact on the market’s growth throughout the forecast period.

As per the FBI, U.S citizens lost more than US$ 6.9 Billion to internet crimes in 2021, a jump of more than US$ 2 Billion from 2020. In addition, deployment of 5G networks is gaining significant traction, which is likely to increase cyber-attacks scope across the globe. 5G networks are likely to cover one-third of the globe’s population and also account for approximately 1.2 billion connections by 2025. This is expected to influence the market positively in the forecast period.

Also, the implementation of favorable laws for lawful interception by several governments is expected to augment the market size. Communications Assistance for Law Enforcement Act (CALEA) is one of the laws that features LI standards in the United States.

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Further, The European Telecommunication Standards Institute (ETSI) and the Third Generation Partnership Project (3GPP) have led the way in standardization. Moreover, with increasing international cooperation between various nations, the market is likely to strengthen. European countries such as New Zealand, Canada, Australia, Canada, and the U.S have played a significant role in strengthening the LI standards.

The surging demand for data-based communication and mobile phone tracking systems to aid security agencies in safeguarding and maintaining consumer interest is another vital cause that is expected to provide avenues of expansion to the market in the forecast period. FamiSafe, Glympse, uMobix, mSpy, and Cocospy are some of the known mobile tracker apps. On the contrary, the intercepted content breaches individuals’ right to privacy and raises ethical concerns, which is likely to inhibit the market growth in the forecast period.

Key Takeaways from the Market Study

  • Global lawful interception market to surge 4x from 2022-2032
  • By component, lawful enforcement solutions to expand at a CAGR of 14.6% during the forecast period.
  • Fixed network lawful interception is expected to dominate, rising at a CAGR of 14.1%
  • US is projected to garner US$ 4.4 Billion in market value by 2032, reflecting a 14.2% CAGR
  • China to be an opportunistic investment hub across Asia, reaching US$ 904.7 Million by 2032
  • Japan is anticipated to grow at a CAGR of 13.3% during the forecast period

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Competitive Analysis

Key players in the global lawful interception market include VOCAL Technologies Ltd, Utimaco, Aqsacom Incorporated, BAE Systems plc, and Verint Systems. Notable developments in the market are as follows

  • In June 2022, Utimaco announced that it had successfully closed the investment round with SGT Capital, its new owner. SGT Capital’s ownership of Utimaco has obtained all mandated regulatory approvals, such as Committee on Foreign Investment in the United States (CFIUS), Energy and Industrial Strategy, the United Kingdom’s Department for Business, and Germany’s Federal Ministry for Economic Affairs and Climate Protection.
  • In May 2022, BAE Systems received a contract worth US$ 24 Million from the U.S Defense Advanced Research Projects Agency (DARPA) to develop software that independently configures tactical networks for mission-critical communications as part of the Mission-Integrated Network Control (MNIC) program. MNIC aims to demonstrate an integrated system that offers a secure path for communication to assist multi-domain operations.

More Valuable Insights

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

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Key Segments Profiled In The Lawful Interception Market Study

Lawful Interception Market by Component:

  • Lawful Interception in Solutions
  • Lawful Interception in Services
    • Lawful Interception in Professional Services
    • Lawful Interception in Managed Services

Lawful Interception Market by Network:

  • Fixed Network Lawful Interception
  • Mobile Network Lawful Interception

Lawful Interception Market by Network Technology:

  • Digital Subscriber Line (DSL) Lawful Interception
  • Integrated Services for Digital Networks (ISDN) Lawful Interception
  • Long Term Evolution (LTE) Lawful Interception
  • Public Switch Telephone Network (PSTN) Lawful Interception
  • Voice over Internet Protocol (VOIP) Lawful Interception
  • Wireless Local Area Network (WLAN) Lawful Interception
  • Worldwide Interoperability for Microwave Access Lawful Interception

Lawful Interception Market by Communication Content:

  • Lawful Interception of Voice Communication
  • Lawful Interception of Video
  • Lawful Interception of Text Messaging
  • Lawful Interception of Facsimile
  • Lawful Interception of Digital Pictures
  • Lawful Interception of File Transfers

Lawful Interception Market by Mediation Device:

  • Lawful Interception Routers
  • Lawful Interception Switches
  • Lawful Interception Gateway
  • Lawful Interception Handover Interface
    • Handover Interface 1
    • Handover Interface 2
    • Handover Interface 3
  • Lawful Interception Intercept Access Point (IAP)
  • Lawful Interception Management Server

Lawful Interception Market by Type of Interception:

  • Active Lawful Interception
  • Passive Lawful Interception
  • Hybrid Lawful Interception

Lawful Interception Market by End User:

  • Lawful Interception by Lawful Enforcement Agencies
  • Lawful Interception by Government

Lawful Interception Market by Region:

  • Lawful Interception Market in North America
  • Lawful Interception Market in Europe
  • Lawful Interception Market in Asia Pacific
  • Lawful Interception Market in Middle East and Africa
  • Lawful Interception Market in Latin America

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Network Analytics Market to grow with a CAGR of 19.3% from 2022 to 2032

The market share for network analytics is predicted to reach US$ 14.4 billion in 2032, up from US$ 2.5 billion in 2022, growing at a CAGR of 19.3% from 2022 to 2032.

Demand for network analytics applications is likely to boost due to preventing and detecting errors & solve security threats. The IT companies are likely to improve the data security, predict traffic and perform forensic investigations to increase the network analytics market size.

The sales of network analytics are rising due to immoral and misusing of data around the region’s companies. They are afraid of stealing data and misleading it through various sources to get rid of it. The adoption of network analytics for different applications is likely to rise in the coming year.

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It is one of the genuine and real-time application software which detects errors faster with IoT and generates the demand by end-users all around the globe.Here are some of the key end-user, including hospitals, healthcare centers, telecom, BFSI & others are estimated the network analytics market growth during the forecast period.

Adopting 5G, IoT, and cloud are boosting the technology & solving the error spot with their potential audit work in the network analytics market trends. It examines, monitor, detect and manage the process in a systematic manner that grabs the attention of the benefits among the consumers generating a high demand for network analytics applications in the market.

The US market is dominating the network analytics market share all around the globe due to the penalty of misusing data & the great infrastructure & advanced resources available in the country, with counting the highest CAGR of 19.1% during the forecast period from 2022 to 2032.

The China market took the second position in network analytics market growth, accounting for a CAGR of 18.6% during the forecast period from 2022 to 2032.

Key Takeaways:

  • Based on components, the network intelligence solution segment is likely to dominate the network analytics market share with a CAGR of 19.4% during the forecast period 2022 to 2032.
  • Based on deployment type, the on-premises segment is anticipated to lead the network analytics market size in the forecast period 2022 to 2032.
  • The US holds a prominent role in the network analytics market trends due to the misusing of data in the country.
  • By 2032, the network analytics market share is anticipated to rise to the valuation of US$ 14.4 Billion with a CAGR of 19.3%.

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Competitive Landscape:

Several key competitors companies are adopting to rise the network analytics market growth through various methods such as merges, collaboration, partnerships & others. The key driving companies are to carry out maximum revenue in the network analytics market future trends.

Some of the key competitive companies are Ericsson, Huawei, Cisco, Nokia, Netscout & others are generating lion’s share in the coming period.

All these leading companies are going to expand the network analytics market size in the forecast period from 2022 to 2032.

Key Segments

By Components:

  • Network Intelligence Solutions
  • Services {Professional Services, Managed Services

By Application:

  • Customer Analysis
  • Risk Management
  • Fault Detection
  • Network Performance Management
  • Compliance Management
  • Others {Network Control & Optimization, Network Design & Capacity and, Threat Management

By Deployment:

  • On-premises
  • Cloud

By Organization Size:

  • SMEs
  • Large Enterprises

By End-User:

  • Cloud Service Providers
  • Managed Service Providers
  • Telecom Providers
  • Others (Internet Service Providers, Satellite Communication Providers and Cabel Network Providers

By Region:

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

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Mobile Fuel Delivery Market is poised to reach US$ 9.3 billion by 2032

The mobile fuel delivery market is appraised at US$ 4.8 Billion in 2022 and is anticipated to garner a revenue of US$ 9.3 Billion by 2032, poised to attain a CAGR of 6.8% during the forecast period (2022-2032).

The increasing sales of high-performance cars and supercars are one of the key drivers supporting the mobile fuel delivery market growth. Increased sales of high-performance cars are expected to drive technological development in the global mobile fuel delivery market.

A myriad innovation has resulted from engine downsizing and component weight reduction, opening up a wide variety of mobile fuel delivery market opportunities. The mobile fuel delivery market size is also expanding as fuel delivery system is made up of several essential components that all play an important role in the proper delivery of fuel.

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Growth in commercial and passenger vehicle sales in tandem with inclining demand for alternative fuel vehicles have provided impetus to the adoption of mobile fuel delivery systems from around the globe. Mobile fuel delivery market trends are also facilitated by changes in consumer lifestyles and increased demand for a comfortable ride are driving up automobile sales in all segments.

The demand for mobile fuel delivery is being driven by the surge in demand for oil and gas as a result of urbanization, industrialization as well as population growth. The mobile fuel delivery market is segmented by fuel type, by equipment, by end use, and by region.

Key Takeaways:

  • North America mobile fuel delivery market is likely to offer numerous opportunities and hold a major mobile fuel delivery market share due to the demand for new and sophisticated vehicles.
  • Asia-Pacific is expected to move forward with a rapid pace in the global mobile fuel delivery market, owing to rising demand for vehicle fuel delivery systems in the region.
  • Europe is regarded as a mature market with slow growth in comparison to others. Furthermore, improved financial and population status are expected to drive global market expansion.
  • The sale of passenger and commercial vehicles is expected to rise in emerging economies such as India and China in the coming years.
  • The mobile fuel delivery market size was accounted for US$ 4.6 billion in 2021.

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Competitive Landscape:

Some of the leading mobile fuel delivery companies include InstaFuel, Fuel logic, Shipley Energy, OCCL, The Fuel Delivery, Booster Fuels, Filld, Cafu, UAE, Gaston Services, Fuelster Technologies Inc., Rhino Fuel, Atlas Oil, HPCL, BPCL, Shell, Repos Energy, Ezfill.

A few of the recent developments in mobile fuel delivery market are as follows:

  • In India, Stanadyne introduces innovative and low-cost gasoline and diesel systems.
  • Mercedes-Benz presented diesel pre-production hybrid models at the Geneva Motor Show.
  • Pricol has announced the development of a new line of fuel pump modules for Bajaj and a few other customers.

This vertical is heavily reliant on Chinese imports, and the company is actively working to localise many of the key import parts over the next 12 months, thereby reducing our FOREX outflow.

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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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Digital Content Creator Market to reach a value of nearly US$ 12.9 Billion by 2032

The market for digital content creators is anticipated to grow at a 13.1% CAGR over the course of the forecast period and will generate US$12.9 billion by 2032. Digital content can be used to create text, video, audio, and graphical information. The digital content creation tool has a lot of advantages, including low cost, flexibility, scalability, and massive computer capacity. The market for digital content creators is anticipated to grow as a result.

Even before the pandemic, the adoption of digital content creators had been steadily increasing, and it has continued to increase enormously throughout the outbreak and is expected to continue once it has passed.

The widespread usage of social media platforms such as LinkedIn, Twitter, Facebook, and Instagram, among others, is increasing demand for digital content creators, boosting the market’s growth. The lack of open-source software, on the other hand, is a major impediment to the growth of the digital content creator market.

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Furthermore, the demand for digital content creator is predicted to develop due to rising digitization, increased availability of high-speed internet connectivity, and increased use of social media marketing. The primary forces driving the worldwide digital content creator market include:
• Increasing internet penetration
• Rising adoption of digital content creation tools
• Growing acceptance of AI
• Expanding mobile and tablet consumer base
• Increasing accessibility and declining cost for content creation

Digital content development has a number of advantages, including cheap operating costs, high return on investment (ROI), ease of measurement and adjustment, brand extension, segmentation, precise targeting, and a focus on conducting business. It also allows the company to communicate with its traffic audience, which helps to build brand scalability. This is leading the digital content creator market to reach new highs.

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Global Digital Content Creator Market is Expected to Reach a Valuation of US$ 12895 Million by 2032

It is anticipated that the digital content creator market will grow at a rate of 13.1% throughout the forecast period, rising from a valuation of US$ 3370 Million in 2021 to US$ 12895 in 2032. Gains of the market are distributed amongst the various segments which are driving the industry adoption of digital content creator at a high pace.

The blogger segment in the social media platform type is expected to lead the digital content creator market with a share of 47.2% in 2021.
Digital writers are driving the market with a share of 28.4% in 2021.

Freelancers are leading social media platform type with a share of 19.3% in the global market.
Marketing is the leading end-use segment of the digital content creator market holding a share of 29.4% in 2021.

Media & Entertainment is also driving the digital content creator market with a share of 20.5%.
Social media is the most significant digital content creator type with a share of 30.5% in the global market.

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The rising implementation of SaaS or cloud models is a significant factor driving digital content creator market growth. Because of its cost-effectiveness, scalability, flexibility, and immense computing capacity, the technology is gaining a large customer base. Furthermore, as content creation processes evolve, so do the ways in which digital content creation technologies are used.

However, the widespread availability of free content production tools is limiting the usage of digital content creation tools on a big scale. Furthermore, in light of numerous privacy concerns, certain governments have enacted rules governing the distribution of digital content. As a result, the use of digital content technologies is restricted in many countries, limiting tindustry growth.

The report was created using a combination of primary and secondary sources. Interviews, questionnaires, and observation of recognised industry personnel are used in the primary research. The report also contains information on the industry’s regulatory environment, which will assist you in making an informed decision.

The paper goes over the major regulatory agencies as well as the major rules and regulations that have been established on this industry in different parts of the world.

Digital Content Creator Market Key Players

  • Pepper Content Pvt. Ltd.
  • GroCurvPvt. Ltd.
  • Content-Whale
  • BattleROYAL GmbH
  • Bravr Ltd
  • Oban International
  • Seven Atoms Marketing Inc.
  • Madison/Miles Media
  • Vazoola
  • Carney Technologies Services
  • CloudMellow
  • OuterBox

Key Segments

By Digital Content Creator Type:

  • Freelancer
  • Blogger
  • Digital Writers
  • Others

By Social Media Platform Type:

  • Social Media
  • Blogs
  • Podcasts
  • Video Platforms
  • Case studies
  • White Papers
  • Infographics
  • Others

By End Use:

  • Marketing
  • Public Relations
  • Business
  • Journalism
  • Literature
  • Media & Entertainment
  • Others

By Region:

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

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

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Hunting Boots Market is Valued at US$ 4200 Million as on 2022 | FMI

The hunting boots market is anticipated to reach a valuation of US$ 6970 million in 2032. The market is expected to grow at a CAGR of 5.2% during the forecast period, and the market estimation as on 2022 is US$ 4200 million.

Typically, while getting involved in hunting or related activities, it is a known fact that we have to run or at times even sprint. For the running to take place effortlessly, we need to ensure that we select those hunting boots which are proportionate to our body weight.

On selecting the appropriate weight, we will be able to walk/run effortlessly. This is anticipated to increase the sales of hunting boots.

Along with handling our body weight effortlessly, these are designed for extreme and long-standing usage. This allows the users to manage the hunting boots as per their wish.

One of the most important factors why hunters select the hunting footwears are because these are water resistant. The jungles are meant for their unpredictable pathways, wherein a person may have to go through a wet and sloppy landscape, and that too all of a sudden. This might increase the sales of hunting boots, as such feature, apart from the ones mentioned above are not offered by other kinds of shoes.

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Thus, based on the analysis of FMI The increasing requirement by hunters to be on comfort while covering a lot of ground while hunting, along with the sturdiness offered by the hunting boots and many other factors are expected to increase the demand for hunting boots.

Key Takeaways:

  • The expected CAGR for the hunting boots market during the forecast period is 5.2%.
  • The hunting boots market valuation as on 2022 is US$ 4200 million.
  • The expected valuation of hunting boots market as on 2032 is US$ 6970 million.
  • The 200 grams Insulation currently has the Largest Market Share in the Hunting Boots Market based on Insulation
  • Vulcanised Rubber is the Most Preferred Material Type
  • Online Mode is the Most Preferred Sales Channel in the Hunting Boots Market
  • The North American hunting boots market currently has a share of 21.57%.
  • The European hunting boots market currently has a market share of 19.54%.
  • Asia Pacific anticipated to be the fastest growing market.

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Key Companies Profiled:

  • SharpeZone
  • Lacrosse
  • Muck Boot
  • Wolverine Boots
  • Under Armour
  • L.L.Bean Inc.
  • Crispi Sport
  • WC Russell Moccasins Co.
  • Kenetrek LLC
  • LaCrosse Footwear

Key Segments Profiled in the Hunting Boots Market

By Insulation:

  • 200 grams insulation,
  • 400 to 800 grams insulation,
  • >1000 grams insulation

By Hunting Style:

  • Custom-fit Rugged Style
  • Over Boots
  • Hiking Boots
  • High Altitude Hunting Boots
  • Snake Boots

By Material Type:

  • Nylon
  • Mesh
  • Full Grain Leather
  • Vulcanised Rubber

By Shaft Height:

  • 7 inches
  • 8 to 12 inches
  • 13 to 16 inches
  • >17 inches

By Sales Channel:

  • Online
  • Hypermarkets/Supermarkets
  • Footwear Stores
  • Convenience Stores
  • Others

By Region:

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

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Competitive Landscape

The major players have been putting their heart and soul to manufacture the best quality hunting boots. However, the disruption in supply chain is something which has caused major concern to all these players. This has led to the hunting boots not reaching the potential market, and also the raw materials not reaching the manufacturing plants on a timely basis, thereby affecting the hunting boots market.

Some of the recent developments are:

  • In June 2022, Rocky Brands announced layoffs at its newly acquired boot brands from Honeywell International Inc.
  • In March 2022, LL Bean Inc. announced that its sales had spiked by 14% as more consumers played outdoors.

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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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Burglar Alarm Systems Market annual growth rate (CAGR) of 7.2% between 2022 and 2032

The global burglar alarm systems market was estimated at US$ 5.5 Billion in 2021 and is projected to procure US$ 5.9 Billion by 2022. The market is anticipated to garner US$ 11.8 Billion by 2032 while recording a CAGR of 7.2% during the forecast period from 2022 to 2032.

Expansion of the market can be attributed to the increasing utility in residential and commercial buildings and the adoption of advanced technologies like AI & Big data to enhance security services across various developing countries.

Moreover, wireless burglar alarms are another salient factor augmenting the industry in the assessment period. The growing usage of these Burglar Alarm Systems in huge buildings where it is very difficult and inefficient to provide security by physical mode, these system increases sets the alarms in case of any movement and alerts the concerned person or authority. Thereby, with the soaring infrastructural growth, the demand for these alarming systems is increasing vigorously.

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However, the false alarms triggered by the inaccuracy of systems to catch sounds have created discontent in the minds of people which is likely to impede the growth of the global burglary alarm systems in the forthcoming period.

Key Takeaways from the Market Study

  • Burglar alarm systems for residential applications to account for 55% revenue share
  • Wired alarm systems accounted for over 3/5th market revenue as of 2021
  • The North American market is expected to secure US$ 6.8 Billion while expanding at a CAGR of 7%
  • Asia Pacific to experience noteworthy growth, anticipated to reach almost US$ 2 Billion by the end of the 2022-2032 forecast period
  • Global burglar alarm systems market value to experience 2x growth from 2022-2032

Competitive Landscape 

Key players in the global Burglar Alarm Systems market include ADT, ASSA ABLOY, Banham, Hangzhou Hikvision Digital Technology Co., Ltd., Honeywell International, Inc, Inovonics Wireless Corporation, Johnson Controls, Securitas AB, Siemens, Risco Group, Napco Security Technologies, Inc. Some of the recent key developments among the players are:

  • In March 2022, ASSA ABLOY, the global leader in access solutions, will be exhibiting its latest innovations when the company debuts its exciting new booth at ISC West. With emerging security issues due to the ongoing health, economic, and social crises, ASSA ABLOY’s primary focus will be on helping attendees identify new opportunities for improving health, safety, and access at their facilities.
  • In Sept 2022, Honeywell International, Inc., announced the release of Pro-Watch® Integrated Security Suite, a software platform designed to help protect people and property, optimize productivity and ensure compliance with industry regulations. The platform provides complete visibility of all connected systems and the scalability of the software makes it easy to grow with the changing needs of a business.

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More Valuable Insights Available

FMI, in its new offering, presents an unbiased analysis of the global Burglar Alarm Systems market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on type (wireless and wired), component (hardware, software and services) and application (commercial & industrial and residential) & across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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