Ultra-High Performance (UHP) Tire Market Key Manufacturers, Development Trends and Competitive Analysis 2031 – FMI

The global UHP tires market is projected to reach a valuation of US$ 10.41 Bn in 2021. Increasing demand for high performance vehicles in the automotive sports sector is expected to push sales of UHP tires at 10.9% CAGR, with the market valuation reaching US$ 23.32 Bn in 2031.

Rapid expansion of the automotive sector is resulting increasing sales of sports cars, SUVs, and light trucks across the globe. These vehicles are expected to offer optimal performance in all weather conditions, which in turn is spurring demand for ultra-high performance tires.

Besides this, shifting consumer preference towards high performance automotive components backed by rising disposable income is creating lucrative growth prospects for UHP tires market players.

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As per FMI’s regional analysis, the U.S. is anticipated to dominate the North America UHP tires market. Growth can be attributed to strong presence of key automotive players in the U.S., along with rapid adoption of new technologies to manufacture more efficient and durable tires. These trends will continue augmenting growth of the UHP tires in North America over the assessment period.

“Rising popularity of automotive racing sports such as Formula one, coupled with increasing replacement and repair of vehicle parts through aftermarket, will continue augmenting growth of the global UHP tires market through 2031,” says an FMI analyst.

Key Takeaways:

  • By tire type, all-season tires are expected to account for more than half of total UHP tires market share in 2021.
  • Sales of UHP tires in the sports car segment are anticipated to hold nearly 57% of the total UHP tires market share in 2021.
  • The replacement/aftermarket segment is projected to account for more than three-quarter of the total UHP market share in 2031.
  • The U.S. is anticipated to hold a dominant share of 81.5% of the North America UHP tires market in 2021.
  • China will emerge as a lucrative market, creating an incremental opportunity of US$ 1 Bn in 2031.
  • Germany is projected to account for 17.9% of the Europe UHP tires market share in 2031.
  • Japan and South Korea will hold 43.5% and 26.0% of the global UHP tires market share respectively.

Competitive Landscape

Leading players operating in the global UHP tires market include Continental AG, Goodyear Tire & Rubber Company, Michelin Group, Pirelli & C. S.p.A., Bridgestone, KUMHO TIRE Co., Inc. , Yokohama Rubber Co., Ltd, Nankang Rubber Tire Corp., Ltd. , HANKOOK TIRE & TECHNOLOGY Co., Ltd., Toyo Tires and others.

To gain a competitive edge in the market, players are focusing on research and development to launch new variants of UHP tires. Apart from this, players are investing in strategic collaborations, mergers and acquisitions to expand their global footprint. For instance:

  • Michelin is launching a new generation of four-season tires. The new MICHELIN CrossClimate 2 tire stands out through its excellent mileage performance and its ability to maintain a high level of performance from the first kilometer to the last, i.e. all the way down to the legal minimum tread depth. It illustrates Michelin’s commitment to designing tires that offer a very high level of performance throughout their life and right up to their end of life.
  • Yokohama Tire’s long, successful history with Porsche Motorsport North America (PMNA) continues. Yokohama and PMNA announced a new racing series and partnership with the United States Auto Club (USAC). Yokohama will be the official tire partner and presenting sponsor for the USAC-sanctioned 2021 Porsche Sprint Challenge North America by Yokohama.

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Ultra-High Performance (UHP) Tires Markey by Category

By Tire Type:

  • Summer
  • Winter
  • All-Season

By Vehicle Type:

  • Sports Car
  • SUV/MUV
  • Light Trucks

By Sales Channel:

  • OEM
  • Replacement/Aftermarket

By Region:

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

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Two Wheeler Aftermarket Components & Consumables Market Size, Analysis, Top Players, Target Audience and Forecast to 2031 – FMI

Global sales of two wheeler components & consumables are set to be valued at over US$ 26.1 Bn in 2021, as per Future Market Insights (FMI). The market is poised to expand at over 7.8% CAGR due to the growing sales of two wheelers worldwide.

According to Future Market Insights, increasing adoption of two wheelers for personal use is setting the demand high for aftermarket components and consumables for two wheelers. Sales of two wheelers are increasing at a robust pace across developing countries such as India, Indonesia, Vietnam, and Brazil.

Coupled with this, the increasing demand for components and consumables for two wheelers in China, Japan, the U.S. and Germany will create lucrative growth opportunities for the market. As per the study, Asia Pacific will hold the largest share of 57.1%, followed by Europe with 21.8% through 2031.

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The two wheeler components & consumables aftermarket observed slight decline in sales volume in 2020 due to the outbreak of COVID-19. Demand from major countries waned due to implementation of lockdown by governments, however, the generated demand was somehow fulfilled by the local suppliers who stockpiled before the pandemic.

Demand for two wheeler components & consumables has been increasing from standard motorcycles segment due to the growing popularity of standard bikes for personal use.

Key manufacturers are expected to invest heavily for market expansion and focus on research and development related to two-wheeler components and consumables to gain competitive edge.

Key Takeaways from Two Wheeler Components & Consumables Aftermarket Study

  • Standard motorcycle segment is projected to hold over 26% volume share of the global market in 2021 and will continue exhibiting robust demand for consumables.
  • Demand for consumables is set to hold over 60% of the market share in terms of value by the end of forecast period.
  • South Asia & Pacific is expected to remain a primary market backed by rising demand for two wheelers in the region. It is expected to account for over 34% of the market share in 2021.
  • Online sales channels segment is set to surge at CAGR of approximately 8.1% over the coming decade.
  • India is emerging as a key market, totaling US$ 4.5 Bn in 2021 and it is forecast to register 9.4% CAGR in the forecast period.

“Increasing adoption of two wheelers, especially across India, China, and Germany, has compelled the manufacturers to form strategic alliances with local distributors and independent dealers to strengthen their position in the industry. This will continue fuelling the demand in the market,” says a Future Market Insights analyst.

Who is Winning?

The two wheeler components & consumables aftermarket is highly fragmented. Key players will account for around 15-20% of the market share.

In order to gain competitive edge, these companies are likely to invest in new technological advances for the growth of their distribution networks.

Some of the key players in this industry include but are not limited to ZF Friedrichshafen AG, Holley Performance Products, Exide Technologies, Advance Auto Parts, Harley Davidson, Tenneco, Inc., FastBikeGear, Bajaj Auto, Gabriel India Limited, Showa Corporation, KYB Corporation, TVS Motor Company, Foshan Xinmatuo Motorcycle Parts Industrial Company, Hero Motocorp Ltd., Yamaha Motor Company Ltd., Hella KGaA Hueck & Co, OSRAM Licth AG, BMW Group, BITUBO S.r.l.

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Two Wheeler Components & Consumables Aftermarket by Category

By Two Wheeler Type:

  • Standard Motorcycle
  • Cruiser Motorcycle
  • Sports Motorcycle
  • Standard Scooter
  • Maxi Scooter
  • Mopeds

By Product Type:

  • Components
    • Fuel Injector
    • Fuel Filter
    • Air Filter
    • Brake Pads
    • Brake Shoes
    • Brake Caliper
    • Accelerator & Brake Cable
    • Electric Starter Motor
    • Clutch Plate
    • Chain & Sprocket
    • Battery
    • Headlight Bulb
    • Turn Indicator Bulb
    • Spark Plugs
    • Ignition Coil
    • Shock Absorber
    • Seat
    • Exhaust Muffler
    • Mirror
    • Tires
  • Consumables
    • Washing Shampoo
    • Cleaning Polish
    • Coolant
    • Engine Oil

By Sales Channel:

  • Authorized Dealers
  • Independent Dealers
  • Online

By Region:

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

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Key Points Covered in Two Wheeler Components & Consumables Aftermarket

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on XYZ and How to Navigate
  • Recommendation on Key Winning Strategies

About Future Market Insights (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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Semiconductor Assembly And Testing Services Market is developing at a CAGR of 6.1% from 2022 to 2029

The semiconductor assembly and testing services market income added up to ~US$ 32.6 Bn in 2021. The general semiconductor assembly and testing services market is projected to arrive at ~US$ 52.1 Bn by 2029, developing at a CAGR of 6.1% for 2022 – 2029.

Ceaseless turns of events and execution of new advancements, for example, natural substrate-interposer innovation and silicon-through interconnection innovation in the semiconductor assembly and testing services market are setting out huge income open doors for players in the semiconductor assembly and testing services market.

Execution of semiconductor assembly and testing services in the shopper hardware area assists makers with creating semiconductors, memory chips, and wafers utilized in buyer electronic items and remote/portable handsets in a more productive way.

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Key Takeaways of Semiconductor Assembly and Testing Services Market Study

  • Among the application segment, the consumer electronics segment is expected to witness a high growth rate, owing to rising demand for audio/video equipment, cameras, calculators, and smart homes (home safety equipment & accessories)
  • Asia Pacific Excluding Japan is expected to create lucrative growth opportunities for players in the semiconductor assembly and testing services market, attributable to rapid growth of packaging of semiconductors, and increasing applications of semiconductor assembly methodologies in this region
  • Increasing demand for connected devices worldwide including smartphones and tablets having connectivity and multimedia capabilities propels demand for higher packaging technologies and creates growth opportunities for service provider in the semiconductor assembly and testing services market.

“Semiconductor assembly and testing service providers can improve revenues by upgrading existing facilities to include superior electrical and thermal performance, and high input and output capabilities,” Says the FMI Analyst 

Gains Upheld by Increasing Demand for Improved Connectivity in Consumer Electronics

Higher demand for mobile and connected devices such as tablets and smartphones has bolstered the demand for higher packaging technologies. Also, rising demand for digital video content drives the growth of high performance and mobile consumer electronics products, such as Wi-Fi chipsets and other semiconductor chips.

For instance, STATS chipPAC (JCET) develops an expanded Wafer Level Chip Scale Package (eWLCSP), which offers improved testing and a low-cost fan-in wafer-level package for space-controlled mobile devices. Moreover, the growth of end-use industries such as electronics and semiconductors, automotive, manufacturing, and packaging is expected to offer potential growth opportunities for manufacturers in the global semiconductor assembly and testing services market.

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ODMs and OEMS to Prioritize ‘Fab-lite’ Strategy

As semiconductor process technology migrates to larger wafers and smaller feature sizes, cost of building state-of-the-art wafer fabrication factories has risen significantly, reaching several billion dollars. High investment costs for next generation silicon technology and equipment are influencing various semiconductor companies to adopt or maintain a ‘fabless’ or ‘fab-lite’ strategy. The increasing demand for semiconductors are needed for cloud integration and connectivity with including sensors, computing, interactivity and communication devices.

Competitive Landscape

Many key solution providers are inclined at investing heavily in innovation, research, and development practices to uncover increased applications of semiconductor assembly and testing services. With the use of technology, players are also focusing on lowering the cost of semiconductor assembly and testing services for captivating an increased customer base.

  • For an instance, in May 2020, UTAC Holdings Ltd and AEM Holdings Ltd entered into a partnership to develop CMOS image sensor test systems and solution. Under this pairing, both companies will focus on providing cost effective test system solutions for CMOS image sensor products.
  • For an instance, in December 2019, JCET group partnered with Analog Devices to grow its Singapore test business. This collaboration with JCET, will allow Analog Devices to take advantage of the operational and test engineering expertise.

More Valuable Insights on Semiconductor Assembly and Testing Services Market

FMI’s report on the semiconductor assembly and testing services market is segmented into three major sections such as services (assembly & packaging services (copper wire & gold wire bonding, flip chip, wafer level packaging, TSV, others), and testing services), applications (communications, computing & networking, consumer electronics, industrial and automotive electronics, and region to help readers understand and lucrative evaluate opportunities in the semiconductor assembly and testing services market.

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Semiconductor Assembly and Testing Services Market Outlook by Category

By Services, Semiconductor Assembly and Testing Services Market Demand is segmented as:

  • Assembly & Packaging Services
    • Copper Wire and Gold Wire Bonding
    • Flip Chip
    • Wafer Level Packaging
    • TSV
    • Others
  • Testing Services

By Application, Semiconductor Assembly and Testing Services Market Outlook is segmented as:

  • Communications
  • Computing & Networking
  • Consumer Electronics
  • Industrial
  • Automotive Electronics

By Region, Semiconductor Assembly and Testing Services Market is segmented as:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • The Middle East and Africa (MEA)

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Ultrasound Systems Market is reaching US$ 13.2 Bn at a gracious rate of 5.5% by the year 2028

The market for ultrasound systems market is expected to reach USD 13.2 billion by 2028, rising at a CAGR of 5.5% over the forecast period, from an anticipated USD 9.5 billion in 2022. (2022-2028).

Digitization in the healthcare sector has revamped the ultrasound systems market. The advancements in different spheres of the industry has benefited not just the patients but the market too, as the demand for medical examination has surged over the past decade.

A new market research report by Future Market Insights, revolves around an in-depth and an all-inclusive analysis of Global Ultrasound Systems Market Demand, reveals a strong growth of the market due to upgraded services provided to the patients and also the easier approach to the internal body examination witnessed with the usage of ultrasound systems.

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Favourable Government Policies to Benefit Start-up Companies and Independent diagnostic centers

As a move to encourage start-up companies, government of various regions like Asia Pacific and MEA have bolstered the initiatives to support the new start-ups who are entering the healthcare and medical device industry. It includes exemption of taxes for the first three years, subsidizing patent protection cost etc.

The move is intended to boost the overall market for medical devices. Specifically the medical imaging market has also taken an independent position in the global market. With the betterment in services and advanced facilities related to ultrasound or any other imaging techniques, the global market is expected to witness a higher volume of independent imaging centers.

The companies have also independently introduced handy and user-friendly devices in the market. GE, Philips, Samsung, Fukuda, Mindray, Hitachi, Toshiba, and Siemens, all these companies offer their own particular models.

The coming years will showcase more advanced ultrasound systems, which will provide an image clearer than 3D or 4D pictures.

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Hospitals to hold largest share in Ultrasound Systems Market with highest demand for application in Radiology

Hospitals shift toward more value-oriented products, they need to operate more efficiently and productively. Similarly, a quality shift has occurred with patients, who more proactively involved in their care. Trends from the shift to value-based care include data integration and population health management.

An influx of data combined with advancements in imaging helps leverage these data to not only bring further value but also apply it to broader populations. Along with the clearer and high definition pictures that are a part of ultrasound systems, there has also been an introduction to the portable machines.

These are the more handy and easy to move form of ultrasound systems that have come into existence not long ago. Although the developed nations are already familiar with the technology, the market may find a higher prospects of growth in the developing regions. The market analysis has shown that hospitals hold the highest market share in the Global Ultrasound Machine Market, however diagnostics imaging and surgical centers are expected to raise a higher demand for the systems in the coming years.

In terms of application the market is also dominated by Radiology as the key application area for ultrasound systems and is expected to continue growing further at a CAGR of 6.3% during the forecast period, as analyzed by FMI.

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Key Companies Profiled:

  • GE Company
  • Fujifilm Holdings Corporation
  • Siemens AG
  • Koninklijke Philips N.V.
  • Toshiba Medical System Corp.
  • Hitachi Medical Corp.
  • Mindray Medical International Ltd
  • FUJIFILM Holdings Corporation
  • Samsung Medison Co., Ltd
  • Esaote SpA

Key Market Segments Covered in Ultrasound systems Market Research

By Modality:

  • Cart/Trolley Based
  • Compact/Hand Held

By Application:

  • Radiology
  • Obstetrics & Gynaecology
  • Cardiology
  • Gastroenterology
  • Others

By End User:

  • Hospitals & Clinics
  • Diagnostic Imaging & Surgical Centers
  • ASCs
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • 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 6-years.

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Middle East & Africa Data Storage Market is surpassing a valuation of US$ 8.43 Bn from 2022 to 2025

The Middle East & Africa data storage market  is forecast to total US$ 5.65 Bn in 2022. With increasing penetration of modern technologies, the overall market is projected to grow at a prolific CAGR of 14.3% between 2022 and 2025, surpassing a valuation of US$ 8.43 Bn by 2025.

According to a new report published by Future Market Insights titled “Data Storage Market: Middle East & Africa Industry Analysis (2017-2021) and Opportunity Assessment (2022–2025),”

major factors responsible for the growth of the data storage market in MEA include increased investments in infrastructure, a notable shift in data centre investments from being server centric to more data and storage centric, and increased adoption of entry-level and mid-range storage devices.

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MEA Data Storage Market: Prominent Trends

  • Adoption of hybrid cloud storage solutions by small and medium enterprises and software defined storage solutions by large enterprises
  • Demand changes in OPEX and CAPEX
  • Emergence of enterprise flash controllers
  • Demand for secure data storage solutions in defence, aerospace and BFSI verticals
  • Adoption of cloud based data storage solutions with hyper-converged infrastructure

MEA Data Storage Market: Segmental Analysis

The MEA data storage market covers consumer data storage devices and enterprise data storage solutions. For each of these categories, the market has been segmented on the basis of end user, vertical and region. On the basis of storage type, the GCC data storage market is segmented into consumer storage and enterprise storage. In terms of revenue, enterprise storage is projected to be the most attractive segment in the GCC data storage market during the forecast period.

The enterprise storage segment is also expected to register high Y-o-Y growth rates throughout the forecast period and is expected to expand at a robust CAGR between 2022 and 2025. On the basis of end user, the GCC data storage market is segmented into commercial and residential segments. The residential segment was valued at US$ 467.8 Mn in 2017 and is expected to witness a CAGR of 14.7% during the forecast period.

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MEA Data Storage Market: Forecast by Region

The GCC region is segmented into Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. In terms of revenue, UAE followed by Qatar are the two leading data storage markets within the GCC data storage market. UAE is the fastest growing regional data storage market within GCC with a growth rate of 15.7% during 2017 – 2025. In terms of revenue, UAE is projected to be the most attractive market in the GCC data storage market during the forecast period and is also expected to register high Y-o-Y growth rates throughout the period of assessment.

Competitive Landscape

Leading players operating in the MEA data storage market are expanding their footprint by means of offering advanced products and services. They have adopted various strategies such as mergers, partnerships and acquisitions to dominate the market.

  • In April 2020, Amazon Web Services (AWS) announced the opening of the AWS Cape Town, Africa Region to expand data storage offerings. The new AWS infrastructure regions will deliver the highest levels of security, compliance and data storage.
  • In November 2021, Oracle and Orange signed a partnership agreement in West Africa aimed at encouraging cloud-led digital transformation. Under the agreement, the two companies have come together to offer cloud services for public sector organizations and enterprises in West Africa, starting with Senegal and the Ivory Coast.
  • In November 2020, Moro Hub, a wholly-owned subsidiary of Dubai Electricity and water Authority (DEWA), collaborated with IBM to launch IBM power systems as a cloud service in Dubai, UAE. The new cloud service will provide improved performance and high data processing speeds.
  • In April 2021, IBM launched advanced storage solutions designed to simplify data accessibility & availability across hybrid clouds
  • In 2021, oracle opened a new cloud region in Abu Dubai to offer improved storage capacity to regional enterprises amid soaring demand. The new region will make it easier for businesses to increase performance, protect data, and get access to Oracle’s full array of cloud services.

MEA Data Storage Market: Key Players

  • IBM Corporation
  • Microsoft Corporation
  • VMware, Inc.
  • Hewlett Packard Enterprise Co.
  • NetApp Inc.
  • Open Text Corp.
  • SanDisk Corporation
  • Nexenta Systems

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MEA Data Storage Market by CategoryBy Region:

  • GCC
  • Levant
  • Africa

By Storage Type:

  • Consumer Storage
  • Enterprise Storage

By End User:

  • Commercial
  • Residential

By Vertical:

  • BFSI
  • Defence and Aerospace
  • Education
  • Government
  • Healthcare
  • Telecom & IT
  • Others

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Security and Vulnerability Management Market to arrive at a total assets of US$ 4.2 Bn from 2022 to 2027

The worldwide security and vulnerability management market is set to partake in a valuation of US$ 2.5 Bn in 2022, and is anticipated to flood at a CAGR of 11.3% to arrive at a total assets of US$ 4.2 Bn toward the finish of 2027.

As per another report distributed by Future Market Insights named “Security and Vulnerability Management Market: Global Industry Analysis (2013 – 2021) and Opportunity Assessment (2022 – 2027),” the worldwide security and vulnerability management market was esteemed at US$ 2.5 Bn in 2022 and is projected to arrive at US$ 4.2 Bn by 2027 end.

The great conjecture for developing demand for cutting edge security and vulnerability management arrangements, as well as coordinated effort with cloud specialist organizations, are the vital drivers of this extension. The worldwide market for security and vulnerability management is portioned by district, part, endeavor type, and vertical in this review.

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Global Security and Vulnerability Management Market: Dynamics Impacting Growth

  • Continuous demand for cyber security solutions due to an increase in cyber attacks
  • Demand for remote solutions and increasing usage of cloud technologies
  • Continuous growth in the IT sector across the globe
  • Increasing number of internet users and high adoption of security and vulnerability management solutions in the healthcare industry
  • Continuous launching of new products and solutions

Global Security and Vulnerability Management Market: Forecast by Region

The seven key geographies of North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA have been covered in this report. In terms of value, North America is projected to be the most attractive regional market in the global security and vulnerability management market during the forecast period. However, the market in APEJ is expected to register high Y-o-Y growth rates throughout the forecast period. The market in APEJ is projected to exhibit relatively faster growth in terms of value, and is expected to register a CAGR of 13.3% over the forecast period.

Global Security and Vulnerability Management Market: Forecast by Component

On the basis of component, the global security and vulnerability management market is segmented into software and services. In 2016, the software segment was the dominant segment, valued at US$ 4,774.6 Mn, and is expected to remain dominant in terms of value throughout the forecast period. However, the services segment is expected to exhibit relatively high growth rates in terms of value and is anticipated to exhibit a CAGR of 13.6% over the forecast period.

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Global Security and Vulnerability Management Market: Key Players

Some of the significant players operating in the global security and vulnerability management market are IBM Corporation, Micro Focus, Symantec Corporation, Rapid7, Inc., Qualys, Inc., Trend Micro, Inc., Tenable, Inc., McAfee LLC, Tripwire, Inc., and RSA Security LLC (Dell EMC).

Key Segments of Security and Vulnerability Management Industry Survey

Security and Vulnerability Management Market by Component:

  • Security and Vulnerability Management Software
  • Security and Vulnerability Management Services

Security and Vulnerability Management Market by Enterprise Type:

  • Security and Vulnerability Management for Small Enterprises
  • Security and Vulnerability Management for Medium Enterprises
  • Security and Vulnerability Management for Large Enterprises

Security and Vulnerability Management Market by Vertical:

  • Security and Vulnerability Management in IT and Telecom
  • Security and Vulnerability Management in Retail
  • Security and Vulnerability Management in Government
  • Security and Vulnerability Management in BFSI
  • Others

Security and Vulnerability Management Market by Region:

  • North America Security and Vulnerability Management Market
  • Latin America Security and Vulnerability Management Market
  • Europe Security and Vulnerability Management Market
  • East Asia Security and Vulnerability Management Market

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Version Control Systems Market will enlist noteworthy development at 10.7% CAGR by the end of 2031

The interest for version control systems market is supposed to top US$ 629.3 Mn in 2021. According to Future Market Insights (FMI) examination, the market will enlist noteworthy development at 10.7% CAGR somewhere in the range of 2021 and 2031, as endeavors all over the planet show appeal for computerization and digitalization in the product improvement processes.

Recently delivered information on version control systems demonstrates a 9.3% y-o-y development in 2021. Brought together version control systems have the biggest market share. Then again, the conveyed version control systems is conjecture to develop at a 12.7% CAGR through the evaluation period. Other than this, the market is driven by the money saving advantages presented by cloud-based arrangements of version control systems arrangements.

The essential variables driving the development of version control systems market incorporate the rising interest for mechanization and digitalization instruments. North America is expected to represent over 31% of the market by 2031, attributable to higher necessities to lessen intricacies in programming improvement processes.

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Impact of COVID-19 on Version Control Systems Market

The COVID-19 pandemic has disrupted many industries, including the version control systems sector. Different industry verticals have suffered notable losses as a result of mobility and travel restrictions for public health reasons, among other social distancing measures.

Disruptions in services are having an impact on economies and trade, given the role of services in offering inputs connecting supply chains and facilitating trade. The extent of impact on trade varies by mode of supply and sector. Trade involving proximity among consumers and suppliers is severely impeded. The COVID-19 crisis is leading to greater adoption of online services in retail, education, health, and telecom sectors.

Key Takeaways from Version Control Systems Market Study

  • Large enterprise applications will dominate the market through 2031 with a 53.6% value share, supported by large-scale data transformation requirements in these businesses.
  • The IT & telecom industry will reflect higher adoption rates holding 23.2% of the market in 2021, supported by the introduction of 5G technologies.
  • China leads the East Asia market, reflecting a CAGR of over 10.3% through 2031, with growing demand for cost effective version control systems for SMEs in the region.
  • The U.S. market is projected to expand at a CAGR of 9.8% through 2031, supported by the presence of key players in the market.
  • Germany will hold the lead in Europe by the end of 2031, with a CAGR of over 11.2% owing to the rising penetration of the internet and smartphone technologies in the region.

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Competitive Landscape

According to the Future Market Insights analysis, IBM, Microsoft, Broadcom, Micro Focus, Apache Software Foundation, Canonical, Git, Perforce Software, Mercurial, and Dynamsoft, are identified as key players in the version control systems landscape.

Companies manufacturing version control systems are aiming for product innovation and strategic partnerships with other software vendors to enhance their portfolios while addressing the demand of an expanding customer pool. Introduction of new products and strategic partnerships are key with the top players in the version control systems landscape.

  • For instance, In May 2017, Microsoft Corporation collaborated with Git to make use of its version control system and GVFS for developing Windows. Due to the large size of the content, Microsoft manipulated Git and developed GVFS for exploiting the benefits of Git and reducing the time delays simultaneously.

More Valuable Insights on Version Control Systems Market

A revised market research report published by Future Market Insights (FMI) on the global version control systems market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides valuable insights on the basis of type (local version control systems, centralized version control systems, and distributed version control systems); deployment (cloud and on premise); enterprise size (SMEs and large enterprises); industry (BFSI, healthcare, IT & telecom, retail, education, and others), and across six major regions.

Key Points Covered in Version Control Systems Market Survey

  • Version Control Systems Market Estimates and Forecast 2016-2031
  • Key Drivers and Restraints Impacting Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand Share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Version Control Systems and How to Navigate
  • Recommendation on Key Winning Strategies

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Market Segmentation by Category

Type:

  • Local Version Control Systems
  • Centralized Version Control Systems
  • Distributed Version Control Systems

Deployment:

  • Cloud
  • On-premise

Enterprise size:

  • SMEs
  • Large Enterprises

Industry:

  • BFSI
  • Healthcare
  • IT & Telecom
  • Retail
  • Education
  • Others

Region:

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

About Us

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

Contact:

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Suite 401, Newark, 
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Quad-Flat-No-Lead Packaging Market is expected to grow at a high CAGR of 13.1% by the end of 2027

The report titled “Quad-Flat-No-Lead Packaging Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” covers a wide angle of the global market with the help of a detailed market segmentation.

The research report also discusses various opportunities for quad-flat-no-lead packaging, various trends influencing the global market, key drivers fuelling the growth of the global market as well as restraints that have a negative impact on revenue growth of the global quad-flat-no-lead packaging market. The research report presents historic data as well as future market projections for a period of 6 years.

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Global Quad-Flat-No-Lead Packaging Market: Factors Influencing Growth

Factors such as rising demand for wireless applications, growing adoption of portable devices, small form factor, enhanced thermal performance, rising applications in the automobile sector, high electrical performance and increased reliability are boosting adoption and consequently the growth in revenue of the global quad-flat-no-lead packaging market. However, aspects such as changing price of raw materials, more space needed by QFN packaging, wirebond challenge, high competition with WLCSP and BGA, high cost and problems associated with assembling the QFN package are hindering the growth of the global market.

Global Quad-Flat-No-Lead Packaging Market: Segmental Snapshot

The global quad-flat-no-lead packaging market is segmented on the basis of type, QFN variants, application and by region.

  • By type, the plastic moulded QFNs segment is expected to reflect high market attractiveness and is the largest segment. The plastic moulded QFNs segment is estimated to reach a value higher than US$ 180 Bn by the end of the year of forecast thus dominating the global market. Air-cavity QFNs segment is projected to grow at a higher pace in the coming years.
  • By QFN variant, the quad-flat-no-lead segment is anticipated to reach a noteworthy valuation by the end of the assessment period. The ultrathin quad-flat-no-lead segment is projected to grow at the fastest rate to register a CAGR of 14.4% throughout the period of assessment.
  • By application, the radio frequency devices segment is estimated to be valued at around US$ 26 Bn in 2017 and is likely to lead the global market. The wearable devices segment is projected to register the fastest growth rate of 0% owing to increased use of quad-flat-no-lead packaging in wearable devices.
  • By region, Asia Pacific excluding Japan reflects high growth potential. The quad-flat-no-lead packaging market in Asia Pacific excluding Japan is projected to grow at the highest rate and is estimated to be the largest among all other regional markets, thus dominating the global market.

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Global Quad-Flat-No-Lead Packaging Market: Forecast Highlights

The global quad-flat-no-lead packaging market is anticipated to reach a value higher than US$ 235 Bn by the end of the year of assessment from a valuation of more than US$ 68 Bn in 2017. The global market for quad-flat-no-lead packaging is projected to grow at a stellar CAGR of 13.1% throughout the period of forecast.

Global Quad-Flat-No-Lead Packaging Market: Competitive Assessment

The research report on the global market for quad-flat-no-lead packaging includes analysis on key players and presents vendor insights in a dedicated chapter. Intelligence on key players such as NXP Semiconductor, Fujitsu Ltd., Toshiba Corporation, Texas Instruments, Microchip Technology Inc., STATS ChipPAC Pte. Ltd., ASE Group, Amkor Technology, UTAC Group, Linear Technology Corporation, Henkel AG & Co., and Broadcom Limited has been included in this chapter.

Market Segmentation

By Type

  • Air-Cavity QFNs
  • Plastic-moulded QFNs

By QFN Variants

  • Very thin quad flat no-lead (VQFN)
  • Ultrathin quad flat no-lead (UQFN)
  • Quad flat no-lead (QFN)
  • Others

By Applications

  • Radio Frequency Devices
  • Wearable Devices
  • Portable Devices
  • Others

By Region

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

About Us

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

Contact:

Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Penetration Testing Market is supposed to observe huge development with a great CAGR of 13.9% by the end of 2027

The worldwide penetration testing market is supposed to observe huge development with a great CAGR of 13.9% during the estimate time of a long time from 2017 to 2027. This development can be ascribed to the rising utilization of penetration testing arrangements in different modern verticals, and the rising reception of cloud based arrangements and administrations.

Central participants in the worldwide penetration testing market are sending off new items and expanding their business organizations with different players. The U.S. is supposed to be a vital market in the worldwide penetration testing market, because of the presence of key part in the locale, a rising number of information breaks and a rising reception of distributed computing arrangements and administrations.

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Global Penetration Testing Market: Challenges

  • One of the biggest challenges for penetration testing solution vendors is the extreme and growing shortage of skilled cyber security personnel to analyse and respond to incidents of cyber threats
  • There are many multinational companies in North America, especially in the United States, who are looking to build multinational conferencing facilities. Such companies normally face challenges such as unauthorised access to the company’s bridge and network
  • Small businesses have smaller IT budgets, and consequently spend less on penetration testing and other cyber security solutions. The lesser adoption of penetration testing solutions in small enterprises is one of the major challenges for the penetration testing market
  • Lack of knowledge and awareness about the usage of cyber security solutions such as penetration testing, network testing, and firewalls is another big growth restraint in the penetration testing market

Global Penetration Testing Market: Key Players

IBM Corporation, Rapid7, Inc., Microfocus, Qualys, Inc., Synopsys Inc., Core Security SDI Corporation, Whitehat Security, Trustwave Holdings, Inc., Checkmarx.com LTD, VERACODE, Inc., Secure Works Inc., Acunetix, Contrast Security, and Paladion Network Private Limited are some of the key companies operating in the global penetration testing market.

Global Penetration Testing Market: Segmental Analysis and Forecast

By type, the global penetration testing market is segmented into network penetration testing, web application penetration testing, mobile application penetration testing, social engineering penetration testing, and cloud infrastructure penetration testing. Among the type segments, the web application penetration testing segment dominated the global penetration testing market with a 27.8% share in terms of revenue in 2016. However, the mobile application penetration testing segment is expected to exhibit relatively high growth rates in terms of revenue, registering a CAGR of 14.9% over the forecast period.

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On the basis of component, the global penetration testing market is segmented into software, and pen-test services (Consulting and Software-as-a-Service). Pen-test services segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 14.4% during the forecast period.

By enterprise size, the segmentation comprises small and medium enterprises and large enterprises. In terms of value, the large enterprises segment is projected to be the most attractive segment in the global penetration testing market over the forecast period. In 2016, the large enterprises segment was the dominant segment, valued at US$ 316.9 Mn, and is expected to remain dominant in terms of revenue throughout the forecast period.

By vertical the market is segmented into BFSI, healthcare and life sciences, consumer goods and retail, automotive, IT and telecommunication, media and entertainment, government, and others. The IT and telecommunication segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, this segment is expected to expand at a CAGR of 14.6% during the forecast period.

Global Penetration Testing Market: Forecast by Region

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are covered in this report. North America was the dominant market in 2016 in terms of revenue in the global penetration testing market. In the coming years, North America is expected to be a key market for substantial revenue generation. In terms of value, the North America market is projected to be the most attractive regional market for penetration testing during the forecast period.

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Market Taxonomy

Type

  • Network Penetration Testing
  • Web Application Penetration Testing
  • Mobile Application Penetration Testing
  • Social Engineering Penetration Testing
  • Cloud Infrastructure Penetration Testing

Component

  • Software
  • Pen-test Services (Consulting and Software-as-a-Service)

Enterprise Size

  • Small and Medium Enterprises
  • Large Enterprises

Vertical

  • Healthcare and Life Sciences
  • Consumer Goods and Retail
  • IT and Telecommunication
  • Media and Entertainment

Region

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe

About Us

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

Contact:

Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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ePayment System Market is supposed to extend at a CAGR of 17.7% by the end of 2031

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

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

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

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

Key Takeaways from ePayment System Market Study

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

Who is winning?

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

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

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More Valuable Insights on ePayment System Market

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

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

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

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

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

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

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ePayment System Outlook by Category

By Component, ePayment System Demand is segmented as:

  • Solution
  • Services

By Deployment, ePayment System Demand is segmented as:

  • Cloud
  • On-premises

By Enterprise Size, ePayment System Demand is segmented as:

  • Small & Medium Enterprises (SMES)
  • Large Enterprises

By Industry, ePayment System Demand is segmented as:

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

By Region, ePayment System Sales is segmented as:

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

About Us

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

Contact:

Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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