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Industrial Brakes Market is expanding at a 3.5%  CAGR | 2030

The Global Industrial Brakes Market size is estimated to be USD 0.89 billion in 2019 and is predicted to reach USD 1.29 billion by 2030 with a CAGR of 3.5% from 2020-2030. Industrial Brakes are friction based devices which are uses to control the movement of machines in operations. These brakes are used in various industries for various different processes such as cranes, packaging machines, metals and mining machines and others. The industrial brakes can increase the production capacity of the factory with standard quality of product in minimum human supervision.

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Over the period of time there has been increased demand of developed infrastructure with rapid industrialization and technological advancement. Moreover, increase in automation in industrial operations and wide applications are expected to fuel the growth of industrial brakes market.

The other factors include increase in population which led to the increased in demand of various products and also increases the construction and manufacturing owing to increasing urbanization. However, the availability of raw materials and its volatile prices are expected to impede the market growth. Moreover, increased use of IoT and increased use of sensors are also expected to create lucrative opportunities in the industrials brakes market over the forecast period.

Market Segmentations and Scope of the Study:

The global industrial brakes market share is analyzed on the basis of type, application, end user and geography. On the basis of type, the market is segmented into Mechanically Applied Brakes, Hydraulically Applied Brakes, Pneumatically Applied Brakes, Electrically Applied Brakes, Drum & Disc Brakes, and Spring Brakes. On the basis of application, the market is divided into Holding Brakes, Dynamic & Emergency Brakes, and Tension Brakes. Based on end user, the market is fragmented into Metals & Mining, Constructing, Manufacturing, Entertainment, Marine & Shipping, and Others Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to account for the major market share over the forecast period owing to the increase demand of developed infrastructure with presence of advance technology. Furthermore, increase in automation and increase demand of safety and efficiency in the production are also expected to accelerate the growth of industrial braes market.

Asia Pacific is expected to show rapid growth with substantial increase in market share owing to the increase in population and urbanization led to the increase in manufacturing and construction industry which contributes the growth of industrial brakes market..

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The industrial brakes market, which is highly competitive, consists of various market players. Some of the major market players include Altra Industrial Motion Corp., Akebono Brake Industry Co., Ltd., Carlisle Brake & Friction, ANTEC, S.A., Eaton, Coremo Ocmea S.p.A., intsch Bubenzer GmbH, SIBRE - Siegerland Bremsen GmbH and Ringspann GmbH among others.

Over the period of time there have been various developments taken place in the past and will further takes place in near future which contributes the overall market growth. For instance, in June 2018, Coremo Ocmea and EATON Airflex established a new strategic and exclusive alliance in USA and CANADA. The aim is to support the Customers through a high level of synergy based on technical competence, proven experience, engineering solutions and a capillary sales network. A collaborative approach with Customers will be the key to satisfy their needs in breaking solutions.

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Immunoglobulin Market to rise to USD 22.32 billion by the end of 2030

The Global Immunoglobulin Market size is estimated to be USD 11.28 billion in 2019 and is predicted to reach USD 22.32 billion by 2030 with a CAGR of 6.4% from 2020-2030. Immunoglobulin’s are glycoprotein produced by plasma cells and act as antibody which activates the immune system for the production of antibodies against disease causing agents such as virus, bacteria and others. These are highly complex in nature and structure and exceedingly specific. There are classified into different classes and isotopes, biological features, target structure and others.

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The developing healthcare facilities and infrastructure coupled with increase in geriatric population and increased prevalence of hemophilia are expected to drive the market growth. Furthermore, technological advancement, and various purification techniques are also expected to promote the growth of immunoglobulin market.

There are various other factors contributing the market growth include increased prevalence of various chronic inflammatory disease coupled with increased awareness with reduced side effects are expected to promote the market growth. However, stringent government regulations coupled with increased risk of side effects are expected to hamper the growth of immunoglobulin market. Research and development activities coupled with wide applications are expected to create lucrative opportunities in the immunoglobulin market in the near future.

Market Segmentations and Scope of the Study:

The global immunoglobulin market share is analyzed on the basis of product, application, mode of application and geography. On the basis of product, the market is segmented into IgG, IgA, IgM, IgE, and IgD. On the basis of application, the market is divided into Hypogammaglobulinemia, Chronic Inflammatory Demyelinating Polyneuropathy (CIDP), Immunodeficiency Disease, Myasthenia Gravis, Multifocal Motor Neuropathy, Idiopathic Thrombocytopenic Purpura (ITP), Inflammatory Myopathies, Specific Antibody Deficiency, Guillain?Barré Syndrome, and Others. On the basis of mode of delivery, the market is divided into Intravenous and Subcutaneous. The intravenous segment is further divided into 5% Concentration, 10% Concentration, and Others. The Subcutaneous segment in further segmented into 16.5% Concentration, 20% Concentration, and Others Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America represents the developed market are expected to hold the major market share owing to the presence of develop economies coupled with increased prevalence of hemophilia, developed healthcare facilities and infrastructure and technological enhancement for the purification are expected to fuel the growth of immunoglobulin market over the forecast period.

Asia Pacific is expected to develop tremendously with gradual increase in market share owing of the increasing accessibility to healthcare facilities, increase in various inflammatory disease, increase in geriatric population is expected to further promote the growth of immunoglobulin market.

Competitive Landscape

The immunoglobulin market, which is highly competitive, consists of a various market players. There are various players present in the market which contribute the overall market size. Some of the key players are CSL Ltd., Baxter international Inc., Octapharma AG, Grifols S.A, LFB group, Kedrion Biopharma Inc., China Biologics Products, Inc., Biotest AG, Shire (Baxalta), and Bayer Healthcare among others.

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There have been various developments taken place in the recent past which is contributing to the growth immunoglobulin market. For instance, in January 2019, Kedrion Biopharma announced that the U.S. Food and Drug Administration has accepted their Investigational New Drug (IND) application for a clinical study aimed at assessing efficacy and safety of a 10% intravenous immunoglobulin in the treatment of adult patients with primary immunodeficiency diseases (PID). This approval allows Kedrion to initiate clinical trial in the United States in coming months.

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Hydrogen Fuel Cell Vehicle Market is anticipated to rise at a CAGR of 72.1%  | 2030

The Global Hydrogen Fuel Cell Vehicle Market size is estimated to be USD 1.41 billion in 2019 and is predicted to reach USD 553.11 billion by 2030 with a CAGR of 72.1% from 2020-2030. Hydrogen Fuel Cell Vehicle is operated by the means of hydrogen fuel cell which utilizes the hydrogen fuel cell for the generation of electricity to power the vehicle. It does not generate any greenhouse gas during the operation as compared to petrol diesel and gasoline vehicles. These vehicles not only help in the reduction of greenhouse gases but also help in the development of advanced vehicles for the future.

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There has been tremendous growth in the automotive industry owing to the increased demand of vehicle but there are various concerns with regards to the environment due to the emission of greenhouse gases which are expected support the growth of hydrogen fuel cell vehicle market over the forecast period.

The other factors such as technological advancement, increased awareness among people, hike in petroleum prices and stringent government regulation about environment conservation are further expected to augment the growth of Hydrogen fuel cell vehicle market. However, high cost of these vehicles and high initial cost are expected to hamper the market growth. Moreover, innovation, research and developments are expected to create ample opportunities in the hydrogen fuel cell market over the forecast period.

Market Segmentations and Scope of the Study:

The global hydrogen fuel cell vehicle market share is analyzed on the basis of vehicle type, fuel cell technology type and geography. On the basis of vehicle type, the market is segmented into Passenger Vehicle and Commercial Vehicle. On the basis of hydrogen fuel cell technology, the market is divided into Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America represents to hold the major market share over the forecast period owing to the increased adoption of hydrogen fuel cell vehicles, technological advancement and others. Furthermore, increase in environmental concerns, hike in fuel prices coupled with technological advancement are further expected to enhance the market growth.

Asia Pacific is expected to represents the gradual increase in market size with significant growth rate owing to the increased awareness, stringent government regulation and increasing adoption of advanced technology coupled with increase in disposable income are expected to contribute the growth of hydrogen fuel cell vehicle market over the forecast period.

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The hydrogen fuel cell vehicle market is highly competitive, and also consists of various market players. Some of the major market players include Honda, Toyota, BMW, Ballard Power Systems, Daimler, General Motors, Audi, MAN, and Volvo among others.

There have been various developments taken place and will take place in the future which led to the increase in hydrogen fuel cell vehicle market. For instance, in September 2019, BMW showed off the i Hydrogen Next development X5 SUV at Frankfurt Auto Show.

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Healthcare Artificial Intelligence Software Market to expand at a healthy 48.2%  CAGR | 2030

The Global Healthcare Artificial Intelligence Software Market size is estimated to be USD 4.68 billion in 2019 and is predicted to reach USD 354.47 billion by 2030 with a CAGR of 48.2% from 2020-2030. Artificial Intelligence Software can be defined as adopted intelligence which has problem solving skills and other by the helps of science and engineering. Artificial intelligence has a wide application in all the sectors, in healthcare it helps in the diagnosis and designing the treatment plan for the patient and it also helps in the robot assisted surgery and various other purposes which further increase the efficiency of the healthcare services with effective treatment.

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The improving and modernizing healthcare infrastructure as well as increased prevalence of chronic disorders in developing nations has proliferated the healthcare artificial intelligence software market growth. Furthermore, the increased adoption of personalized medicine and increase investment will increase the healthcare artificial intelligence software market over the forecast period.

The factors including technological advancements in the field of healthcare artificial intelligence software, and increased adoption of artificial intelligence has majorly driven the healthcare artificial intelligence software market. Further, increase in disposable income and strategic collaborations are also expected to further promote the market growth. However, lack of skilled professionals coupled with stringent regulatory policies with respect to medical software may limit the growth of the healthcare artificial intelligence software market. The lucrative opportunities in emerging economies and rising awareness coupled with increase in artificial intelligence based elderly care and innovation is will create new opportunities for the market growth in future.

Market Segmentations and Scope of the Study:

The global healthcare artificial intelligence software market share is analyzed on the basis of offering, algorithm, application, end user and geography. On the basis of offering, the market is segmented into software, software and services. On the basis of algorithm, the market is divided into Deep Learning, Querying Method, Natural Language Processing, and Context Aware Processing. On the basis of application, the market is fragmented into Robot-assisted Surgery, Virtual Nursing Assistant, Administrative Workflow Assistance, Fraud Detection, Dosage Error Reduction, Clinical Trial Participant Identifier, Preliminary Diagnosis, and Others. On the basis of end user, the market is classified into Healthcare Provider, Pharmaceutical & Biotechnology Company, Patient, and Payer. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis                                                                    

North America denotes a higher adoption of the healthcare artificial intelligence software and is anticipated hold the highest market share during the forecast period. This is attributable to the factors including presence of well-established healthcare amenities, increase in automation and increased demand of personalized medicine, and technological advancements.

It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size owing to increasing accessibility to healthcare facilities in the region, increasing medical tourism, and increased use of artificial intelligence in the elderly care and increase in disposable income.

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The healthcare artificial intelligence software market, which is highly competitive, consists of various market players. Some of the major market players include APIXIO, Inc., AiCure, Butterfly Network, Inc, Atomwise, Inc., Enlitic, Inc., Cyrcadia Health Inc., iCarbonX, IBM (Watson Health), Lifegraph, Insilico Medicine, Inc., Pathway Genomics Corporation, Modernizing Medicine, Sophia Genetics, Sense.ly, Zebra Medical Vision Ltd and Welltok, among others.

Over the period of time there have been various developments taken place in the past and will further takes place in near future. For instance, in October 2019, Intelerad Medical Systems, a leader in enterprise workflow solutions, and Zebra Medical Vision, the deep learning medical imaging analytics company, announce a joint program leveraging Intelerad’s newly released Odyssey designed to encourage the adoption of artificial intelligence without the prohibitive costs usually associated with such programs.

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Gift Card Market is expected to demonstrate a CAGR of 15.5%  by 2030

The Global Gift Card Market size is estimated to be USD 901.84 billion in 2019 and is predicted to reach USD 4400.80 billion by 2030 with a CAGR of 15.5% from 2020-2030. Gift Card are the integrated payment system which eases the payment and makes it hassle free at various places such as retails store, dining, entertainment and others. Now-a-days gift cards became an easy option for gift purpose which eases the comfort of an individual and also receiver can utilize as per their convenience which makes it easy for both of them. Apart from retail stores gifts are also used in corporate institution by gifting it to their employees at various small achievement, contributions and recognitions.

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There has been increase in technological advancement coupled with increased individual preferences and hassle free payments at various outlets are expected to be the major driving factors of gift cards market. Furthermore, Increase in cash less payment and increased offers and coupled with increased use of technology and smart phones further expected to augment the market growth

There are various other factors such as increased internet penetration, coupled with increased use of E-services on a large scale and convenience associated with it are further expected to support the market growth on a large scale. Furthermore, increase in e-commerce and increase in retail industry further drive the market growth. However, the expiry of gift cards and its redemption at specific premises are expected to hamper the growth of gift card market in near future, Moreover, increased proliferation of Smartphone and increased use of m-commerce coupled with innovation and offers are expected to further create ample opportunities in the market over the forecast period.

Market Segmentations and Scope of the Study:

The global gift card market share is analyzed on the basis of product, end user, and geography. On the basis of product, the market is segmented into Universal Accepted Open Loop, E-Gifting, Restaurant Closed Loop, Retail Closed Loop, and Miscellaneous Closed Loop. On the basis of end user, the market is divided into Retail and Corporate Institutions. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America represents the developed market owing to the presence of developed economies such as U.S., Canada and others coupled with increased internet penetration with technological advancement are expected to fuel the market growth. Moreover, increase in e-commerce and demand from commercial institutions is further expected to anticipate the market growth.

Asia Pacific is expected to develop significantly with gradual increase in market size owing to the presence of emerging economies coupled with increased use of smart phones, rapid industrialization and increased demand of cashless payment and hassle free payment at stores. Moreover, increase in retail business over the forecast period is further expected to augment the market growth.

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The gift card market, which is highly competitive and fragmented in nature, consists of a various market players. Some of the major market players include First Data Corporation, Blackhawk Network Holdings, Inc., Qwikcilver Solutions Pvt. Ltd., Duracard, Vantiv, TransGate Solutions, National Gift Card Corp., DOCUMAX INC., TenderCard, and Plastek Card Solutions, Inc. among others.

There have been numerous developments taken place in the past and various developments will take place in the near future which further contribute the growth of gift card market. For instance, in August 2019, Village Roadshow Limited has announced that it has signed an agreement to sell its wholly owned promotional solutions agency, Edge Loyalty Systems to Blackhawk Network (Australia) Pty Ltd (“Blackhawk”). The transaction is subject to approval from Australia’s Foreign Investment Review Board and customary conditions precedents, and is expected to complete by November 2019.

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Fraud Detection and Prevention Market is expected to demonstrate a CAGR of 26.3%  by 2030

The Global Fraud Detection and Prevention Market size is estimated to be USD 24.62 billion in 2019 and is predicted to reach USD 321.16 billion by 2030 with a CAGR of 26.3% from 2020-2030. Any illegal and unlawful act done to get any value from something is known as fraud. Fraud Detection and Prevention software are the applications and provide solution to for the fraud detection and prevention market. It helps in the identification and data and its integrity, it also helps in the online transaction by authenticating the access by the responsible person to further avoid such actions.

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There has been various technological advancement over the period of time and increase in fraud cases are further expected to fuel the growth of fraud detection and prevention software market over the forecast period. Increase in enterprises and data based firm with increasing complexity in data are further expected to promote the market growth.

There are various other factors such as technological advancement, increase in fraud cases and changing regulatory scenario is expected to contribute the market growth. However, high costs of this software, lack of awareness are expected to hamper the growth of fraud detection and prevention market in the near future. Moreover, increase in analytics, increase in globalization and further updates and advancement in the existing software are expected create ample opportunities in the fraud detection and prevention market over the forecast period.

Market Segmentations and Scope of the Study:

The global fraud detection and prevention market share is analyzed on the basis of solution type, services, deployment, end user, industry vertical and geography. On the basis of solution type, the market is segmented into fraud analytics and authentication. The fraud analytics are sub segmented into Predictive Analytics, Customer Analytics, Social Media Analytics, Bigdata Analytics, and Behavioral Analytics. The authentication segment is further divided into Single-Factor Authentication and Multifactor Authentication. On the basis of services, the market is divided into Professional and Managed. Based on deployment type, the market is divided into Cloud and On-Premises. On the basis of end user, the market is divided into Small & Medium Enterprises (SMEs) and Large Enterprises. On the basis of industry vertical, the market is divided into BFSI, Retail, Healthcare, Real Estate, Manufacturing, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America represents the developed market share over the forecast period coupled with increased adoption of fraud detection and prevention software coupled with technological advancement and increase in data based enterprises, presence of developed infrastructure and increased awareness among people are further expected to fuel the marker growth.

Asia pacific is expected to develop significantly over the forecast period owing to the presence of developing economies coupled with increased penetration of internet and mobile devices, increase in fraud cases and wide application is further expected to augment the growth of fraud detection and prevention market over the forecast period.

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The fraud detection and prevention market, which is highly competitive and fragmented in nature, consists of a various market players. Some of the major market players include IBM Corporation, SAP SE, Oracle Corporation, ACI Worldwide, Lavastorm, ThreatMetrix, SAS Institute Inc., BAE Systems, NCR Limited, and Fair Isaac Corporation among others.

There have been various developments taken place in the market which further contributes the growth of fraud detection and prevention market. For instance, in August 2018, Maersk and IBM has announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the world's global supply chain. TradeLens is the result of a collaboration agreement between Maersk and IBM, a blockchain-enabled shipping solution designed to promote more efficient and secure global trade, bringing together various parties to support information sharing and transparency, and spur industry-wide innovation.

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Forklift Truck Market is expected to demonstrate a CAGR of 6.3%  by 2030

The Global Forklift Truck Market size is estimated to be USD 49.15 billion in 2019 and is predicted to reach USD 96.25 billion by 2030 with a CAGR of 6.3% from 2020-2030. Forklift Truck is powered vehicles use for lifting and movement of heavy materials over short distance. These trucks are categorized on the basis of weight bearing capacity. These trucks are used in various different industries such as packaging, manufacturing and others. These trucks have reduced the time consumption and accidents at work place caused due to manual transfer of goods which saves lot of time and increase the convenience as compared to the conventional methods.

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There have been tremendous growth in the various industries due to the increased demand of various goods, increase in modernization and developed infrastructure coupled with wide application and technological advancement is expected to fuel the growth of forklift truck market over the forecast period.

The other factors include increased efficiency, reduced accidents and injuries at workplace, increased demand of easy movement of heavy goods coupled with rapid industrialization is further expected to augment the market growth. However, high costs of these trucks are expected to hamper the market growth over the forecast period. Moreover, innovation, increase in e-commerce, and increase in automation in industries are further expected to create numerous opportunities in the near future.

Market Segmentations and Scope of the Study:

The global forklift truck market share is analyzed on the basis of product, engine power, class, end use and geography. On the basis of product, the market is segmented into Warehouse and Counterbalance. On the basis of engine power, the market is divided into IC Engine Power and Electric Power. On the basis of class, the market is divided into Class I, Class II, Class III, Class IV and Class V. On the basis of end use, the market is divided into Retail & Wholesale, Logistics, Automotive, Food Industry, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America denotes the increased adoption of forklift truck and expected to hold the major market share over the forecast period owing to the developed infrastructure, increased industrialization, and technological advancement coupled with increased automation and wide application.

Asia Pacific is expected to develop significantly over the forecast period owing to the presence of emerging economies coupled with increasing industrialization, urbanization and increasing demand of automation in the developing economies are expected to anticipate the growth of forklift truck market over the forecast period.

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The forklift truck market, which is highly competitive and fragmented, consists of various market players. Some of the major market players include Toyota Industries Corporation, Jungheinrich AG, JBT Corporation, Komatsu Ltd, KION Group, Doosan Industrial Vehicles Co. Ltd, Combilift Ltd, Clark Material Handling Company Inc., Crown Equipment Corp., Mitsubishi Nichiyu Forklift Co., Godrej and Boyce Manufacturing Co. Ltd, Hyster-Yale Materials Handling Inc. and Hyundai Heavy Industries Co. Ltd among others.

There have been various developments taken place in the forklift truck market which further contribute the market growth. For instance, in April 2019, JBT Corporation, has announced that it is bringing a new dual-mode AGV to the market in collaboration with Hyster-Yale Materials Handling. The collaboration will help JBT to demonstrate its automated guided vehicle prowess and its commitment to delivering automation to customers around the world with Hyster-Yale on a dual-mode, double-deep pantograph reach forklift truck.

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Flushing Systems Market is forecast to reach  USD 3.82 billion by 2030

The Global Flushing Systems Market size is estimated to be USD 2.91 billion in 2019 and is predicted to reach USD 3.82 billion by 2030 with a CAGR of 2.5% from 2020-2030. Flushing Systems plays an important role to maintain hygiene and sanitation in restrooms. These systems help in the proper disposal of waste without excess consumption of water. The flushing system consists of waters closets, valves, sensors pipes and others. These systems generally use vacuum or waters for the waste disposal and further advancement in technology is further expected to be more effective and efficient in the flushing systems market.  

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The improving and modernization in infrastructure coupled with increased awareness about hygiene, technological advancement are expected to fuel the growth of flushing system market in the near future. Furthermore, increase in disposable income and increase in public toilets are further increased the demand for automated flushing system.

The factors including increase in water concerns led to increased demand of water less flushing systems, increase in government initiatives to promote hygiene led to the increased use of washrooms in developing economies are also expected to contribute the market growth. However, fluctuation in currencies and open defection in developing economies are expected to hinder the growth of flushing systems market in the near future. Moreover, development of advance flushing systems with rapid urbanization is expected to create ample opportunities in the flushing systems market over the forecast period.

Market Segmentations and Scope of the Study:

The global flushing systems market share is analyzed on the basis of type, technology, installation type, end user and geography. On the basis of type, the market is segmented into Gravity Flush, Dual Flush, Pressure-assisted Flush, Tornado Flush, and Others. On the basis of technology, the market is divided into Manual, Sensors, Remote Control, and Waterless Flushing. On the basis of installation type, the market is divided into Surface Flush, Rear Wall Mounting, and Others. On the basis of end user, the market is divided into residential and commercial. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to hold the major market share owing to the presence of developed market and increased adoption of flushing systems over the forecast period. Furthermore, increased awareness about hygiene, technological advancement coupled with developed infrastructure is expected to drive the growth of flushing system market in the near future.

Asia Pacific is expected to develop rapidly with constant increase in market size owing to the increased awareness about sanitation, increase in government initiatives to promote hygiene and increased demand of waterless flushing system due to increasing water concerns are further expected to contribute the growth of flushing systems market. Competitive Landscape

The flushing systems market is highly competitive, and also consists of various market players. Some of the major market players include Alcaplast, s.r.o., Grohe Limited, Gaberit AG, COTTO, Roca Sanitario, S.A., TOTO Ltd., Kazema General Trading LLC, Wirquin, SCHELL GmbH & Co. KG, and Sanipex Group among others.

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There have been various developments taken place in the market which further adds up the market share. Some of the recent developments include, in March 2019, COTTO, brings a new phenomenon to the industry with the launch of its latest collection, “OVAL”, collaboration with iconic product designer.   The OVAL Collection comprises of a beautifully and thoughtfully designed wash basin, faucet, showerhead and mirror with built-in LED, reflecting the minimal aesthetics of the oval form and functional elements that embody the amalgamation of warmth, comfort and luxury.

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Flexible Display Market valuation will reach USD 246.42 billion by the end of 2030

The Global Flexible Display Market size is estimated to be USD 10.61 billion in 2019 and is predicted to reach USD 246.42 billion by 2030 with a CAGR of 33.1% from 2020-2030. Flexible Display is unbreakable, thin, flexible and rollable display which helps to overcome the drawbacks with traditional display such as heavy weight, size and others. It has a wide application and can e used in television, watches, mobile phone and others. These displays are generally made of plastic instead of glass, steel and thin glass can also be used for the manufacturing of flexible displays.

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Over the past few years there have been evolution in the technology coupled with technological advancement on a large scale. There have been also increase in the demand of developed infrastructure and increased demand of consumer electronics with advanced features are further expected to expand flexible display market in the near future.

The other factors includes increased demand of energy efficient electronics coupled with OLED based devices and increasing digitization with increase internet penetration are also expected to drive the market growth. However, complex manufacturing process of flexible displays with high cost is expected to limit the market growth. Moreover, increasing application of flexible displays coupled with increased demand of smart wearable devices are expected to create opportunities in the flexible display market in the near future.

Market Segmentations and Scope of the Study:

The global flexible display market share is analyzed on the basis of component, technology, application and geography. On the basis of component, the market is segmented into Organic material, Substrate, Conductive layer, Backlight panel, and others. On the basis of technology, the market is divided into Display technology and Display manufacturing technology. Display technology is further segmented into OLED, E-Paper, LCD, and LCOS. Display manufacturing technology is further divided into Flat panel display technology and Plasma display technology. Based on application the market is classified into E-reader, Smart phones, Tablet, Laptop, E-paper, and Television. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to dominate the flexible display market in terms of market share owing to the increased adoption of flexible display. Moreover, emerging infrastructure and increased demand of consumer electronics are also expected to promote the market growth.

Asia Pacific is expected to show tremendous growth in terms of growth rate with constant increase in market share. The other contributing factors include increased demand of energy efficient electronics coupled with innovation and wide applications of such displays in various devices are also expected to fuel the growth of flexible display market.

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The flexible display market, which is highly competitive, consists of various market players. Some of major market players include LG Display Co., Ltd, Japan Display Inc., Acuity Brands Lighting, Inc., Samsung Electronics Co., Ltd, Ritek Corporation, Innolux Corporation, Panasonic Corporation, Koninklijke Philips N.V., BOE Technology Group Co., Ltd, AU Optronics Corp., Hannstar Display Corporation, Chunghwa Picture Tubes Ltd, Osram Licht AG and Sharp Corporation among others.

In the recent past there have been various developments taken in the market in terms of product launch, strategic collaboration and others. For Instance, in February 2019, Samsung Electronics Co., Ltd. unveiled the highly anticipated Galaxy Fold, a new foldable device creating a new mobile category. Galaxy Fold features the world’s first 7.3-inch Infinity Flex Display, which folds into a compact device with a cover display. Galaxy Fold offers a powerful new way to multitask, watch videos, play games, and more – bringing to life new experiences and possibilities years in the making.

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Flame Retardants Market is forecast to reach USD 16.60 billion by 2030

The Global Flame Retardants Market size is estimated to be USD 8.39 billion in 2019 and is predicted to reach USD 16.60 billion by 2030 with a CAGR of 6.4% from 2020-2030. Flame Retardants are the chemicals used in various industries such as fabrics, and others to make them fire resistant. Flame retardants are added to the thermo plastic vulcanizate elastomer in low concentrations according to restriction of hazardous substance to increase the heat resistance properties and reduce the fire spread. Overall the flame retardants are used to prevent fire outbreaks from becoming the catastrophe. These fire retardants are also used in kitchen appliances, toys, equipments and others to increase the fire resistance.

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Over the period of time, there has been increase in the awareness and various developments taken place in the chemical industry to develop the fire resistant materials. Furthermore, the increase in safety concerns, wide applications, and to avoid short circuit in electronic appliances are expected to promote the growth of flame retardants market over the forecast period.

The other factors such as technological advancement, regulatory guidelines, and increase in various end use industries such as automotive, construction, textile and others are expected to support the market growth. However, high prices of flame retardants and toxicity involved with the manufacturing process of flame retardants are expected to hamper the market growth. On the other hand, increased demand of consumer electronics coupled with developing infrastructure is expected to create ample opportunities in the flame retardants market in the near future.

Market Segmentations and Scope of the Study:

The global flame retardants market share is analyzed on the basis of type, application, end use and geography. On the basis of type, the market is segmented into Alumina Trihydrate, Brominated Flame Retardants, Antimony Trioxide, Phosphorus Flame Retardants, and Others. On the basis of application, the market is divided into Unsaturated Polyester Resins, Epoxy Resins, PVC, Rubber, Polyolefins, and Others. On the basis of end use, the market is divided into Construction, Automotive & Transportation, Electronics, and Others Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America represents the developed market and holds the major market share due to the increased adoption of flame retardants over the forecast period. Furthermore, increased awareness, stringent government policies, increase in safety concerns and wide applications are further expected to augment the market growth in the near future.

Asia Pacific is expected to be the fastest developing region owing to the presence of developing economies with substantial increase in market share. The constant increase in end use industries in the region such as automotive, electronics and others coupled with developing infrastructure and changing government policies with regards to the safety.

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The flame retardants market is highly competitive, and also consists of a various market players. Some of the major market players include Turning Star Inc., Fire Retardants, Inc., Acoustical Surfaces, JJI Technologies, Flame Safe Chemical Corp., National Purity, LLC, Inolex Lexolube, Flamecheck International, Ltd., and Atlantic Equipment Engineers, Inc. among others.

There have been various developments taken place in the flame retardants market which further expected to contribute the market growth. For instance, in January 2017, Zschimmer & Schwarz has announced the acquisition of the LEXOLUBE Division from INOLEX expands the lubricant and lubricant component portfolio at Zschimmer & Schwarz. With this acquisition, the specialty chemicals manufacturer gains further access to a growing and strategically important market.

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Fitness Equipment Market   valuation will reach USD 18.05 billion | 2030

The Global Fitness Equipment Market size is estimated to be USD 10.89 billion in 2019 and is predicted to reach USD 18.05 billion by 2030 with a CAGR of 4.7% from 2020-2030. Fitness Equipment is the machines which are used for physical exercises for various purposes such as to maintain body weight, improve physical stamina and many more. These equipments consist of serious of equipment such as tread mill, stationary bike, cardiovascular equipment and others. The constant use of these equipment helps to burn the excess body fat and keeps the body fit and healthy. The weights are used for the muscle building and strength which provides muscular strength to the body and improves the appearance and personality.

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Over the period of time there have been tremendous change in the lifestyle of people and changing food habits led to the excessive weight gain which led to the increase in obese population. Increase in sedentary lifestyle, lack of physical activities led to the development of various disorders which are expected to increase the demand for fitness equipment market over the forecast period.

The other factors such as increase in awareness about fitness and health, government initiatives to promote good health and increase in youth population are expected to support the market growth. On the other hand, increase in disposable income, increase in youth population with increasing health concerns are expected to create numerous opportunities in the fitness equipment market over the forecast period. However, the high cost of fitness equipments are expected to hamper the growth of fitness equipment market in the near future.

Market Segmentations and Scope of the Study:

The global fitness equipment market share is analyzed on the basis of type, end user and geography. On the basis of type, the market is segmented into cardiovascular training equipment, strength training equipment and others. The cardiovascular training is sub segmented into Treadmill, Elliptical, Stationary Bike, Rowing Machine, and Others. The strength training equipment segment is further divided into Weight-Lifting Equipment, Weights, Barbells & Ladders, Extension Machines, and Power Racks. On the basis of end user, the market is divided into Home Consumer, Health Club/Gym, and Other Commercial User. The Other Commercial User is further segmented into Hotel, Corporate Office, Hospitals & Medical Center, and Public Institution. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America represents the developed market and expected to hold the major market share owing to the increased adoption of fitness equipment over the forecast period. The other attributed factors include technological advancement, increase in obese population, increase awareness about healthcare and fitness coupled with changing lifestyle.

Asia Pacific is expected develop rapidly over the forecast period with gradual increase in market share owing to the increasing heal concerns with constant increase in gyms and fitness clubs, increase in disposable income are further expected to augment the market growth.

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The fitness equipment market is highly competitive and fragmented in nature, consists of various market players. Some of the major market players include Icon Health & Fitness, Inc., Johnson Health Tech Co. Ltd., Nautilus, Inc., True Fitness Technology, Inc., Technogym S.p.A., Impulse (Qingdao) Health Tech Co. Ltd., Exigo, Matrix Fitness, Amer Sports Corporation,  Torque Fitness LLC., Brunswick Corporation, Kettler (GB) Limited, Octane Fitness and Core Health and Fitness LLC among others.

There have been various developments in the market which are expected to further contribute the growth of fitness equipment market. For instance, in April 2019 Core Health & Fitness has announced a new and exciting partnership with professional obstacle course race (OCR) athlete, Rea Kolbl. Kolbl is an impressive athlete with a deep resume that ranges from OCR to competitive gymnastic in her native Slovenia.

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Fire Protection Systems Market  will exhibit a CAGR of 7.4% | 2030

The Global Fire Protection Systems Market size is estimated to be USD 60.84 billion in 2019 and is predicted to reach USD 133.42 billion by 2030 with a CAGR of 7.4% from 2020-2030. Fire Protection Systems consist of various certified products by the various government bodies which help to control the fire outbreak. These equipments have to be checked on timely basis to maintain its effectiveness and replacement in case of expiry. These systems cons of various products such as flame detectors, smoke detector, sprinkler, fire extinguisher and various other products. In commercial buildings, now-a-days sensors are used for quick response in case of fire outbreak.

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https://www.nextmsc.com/report/fire-protection-systems-marketg    

The constant development in the technology and infrastructure coupled with increased demand of modernization are expected to propel the growth of fire protection systems market. Furthermore, stringent government policies with regards to the safety of public places and residential areas to led to the installation of fire protection system which helps in the case of emergency.

The other factors contribute the market growth include increase in oil and mining industry, increased use of chemicals in the various industries, increase in awareness among people regarding proper fire protection system. Moreover, due to the increase in commercial and enterprises there has been increased demand of customized fire protection system for the safety of employees which helps to create safe environment. However, High initial and installation cost is expected to hamper the fire protection system market. ON the other hand, increase in research and development activities coupled with innovation in the fire protection systems are expected to create lucrative opportunities in the fire protection systems market in the near future.

Market Segmentations and Scope of the Study:

The global fire protection systems market share is analyzed on the basis of technology, system, industry, application and geography. On the basis of technology, the market is segmented into coating, bulkheads, sealant, and others. On the basis of system, the market is divided into Detection Systems, Alarm Systems, Suppression Systems, and Others. On the basis of application, the market is divided into Active Protection and Passive Protection. On the basis of Industry, the market is divided into Active BFSI, Hospitality & Travel, Healthcare, Transportation & Logistics, Manufacturing, Retail, Mining and Oil & gas and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is anticipated to hold the major market share owing to the increased adoption of fire protection system with technological advancement. Furthermore, stringent government policies with regards to the safety, developed infrastructure coupled with increased awareness are expected to be the major contributing factors over the forecast period.

Asia Pacific is anticipated to develop rapidly with gradual increase in market size over the forecast period. Moreover, the presence of emerging economies, coupled with developing infrastructure coupled with increased demand of customized fire protection system market is expected to further augment the growth of fire protection systems market.

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The fire protection systems market is highly competitive and fragmented in nature also consists of a various market players. Some of the major market players include such as Hochiki Corporation, Gentex Corporation, Robert Bosch GmBH, Honeywell International Inc., Tyco International Ltd, Halma PLC, Trelleborg AG, Siemens AG, United Technologies Corporation, Kevta Fire Systems Inc., VT MAK, Orcus Fire & Risk Inc., Johnson Controls, Gielle SRL, and 3M Company among others.

There have been various developments taken place in the fire protection system market over the forecast period. For instance, in April 2019, VES Fire Detection Systems and Hochiki Fire Suppression are pleased to announce the release of the XT+ MultiArea Releasing Control Unit. The XT+ is used with the VES Elite-RS analog/addressable fire alarm control panel to create a multi-hazard fire suppression system.

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Family Indoor Entertainment Centers Market  will exhibit a CAGR of 9.9%  | 2030

The Global Family Indoor Entertainment Centers Market size is estimated to be USD 22.82 billion in 2019 and is predicted to reach USD 64.46 billion by 2030 with a CAGR of 9.9% from 2020-2030. Family Indoor Entertainment Centers (FECs) are small entertainment zone or also called as amusement park which serves the local area. It consists of various games, rides and others for entertainment purpose and serves all age group. These also consist of various games based on AR and VR technology as well and it also hosts birthday parties and they are located at frequently visited places such as malls and others. These centers are designed from family prospective and economically as compared to the amusement parks.

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There has been tremendous growth in the entertainment industry over the past few years. Moreover, there is also an increase in family indoor entertainment centers coupled with increase in chains of such places all over the world are also expected promote the market growth.

The other factors include increase in food and beverage integration at these places coupled with participatory play and also supporting the family activities are expected to fuel the growth of family indoor entertainment centers market. However, high initial setup cost and increasing ticket prices of such centers are expected to inhibit the growth of family indoor entertainment centers market. Moreover, technological advancement and innovation coupled with changing consumer preferences are expected to create numerous opportunities in the family indoor entertainment centers market over the forecast period.

Market Segmentations and Scope of the Study:

The global family indoor entertainment centers market share is analyzed on the basis of visitor, revenue source, application, type and geography. On the basis of visitor, the market is segmented into Families with Children (0-8), Families with Children (9-12), Teenagers (13-19), Young adults (20-25), and Adults (Ages 25+). Based on revenue source, the market is fragmented into entry fees & ticket sales, food & beverages, merchandising, advertisement, and others. Based on application, the market is categorized into Arcade Studios, AR and VR Gaming Zones, Physical Play Activities, Skill/Competition Games and Others. Based on type, the market is classified into Children’s Edutainment Centers (CEDCs), Children’s Entertainment Centers (CECs), Adult Entertainment Centers (AECs), and Location-based VR Entertainment Centers (LBECs). Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to dominate the market with major market share owing to the presence of developed countries and large number of market players. Furthermore, high disposable income and increase in demand of games among young population and increased integration of technological advancement are further expected to augment the growth of family indoor entertainment centers market in the near future.  

Asia Pacific is expected to show tremendous growth with constant increase in family indoor entertainment centers with various different games for all age groups, increased integration of food and beverage and increasing chains of such centers are further expected to support the market growth.

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The family indoor entertainment centers market, which is highly competitive, consists of various market players. Some of the major market players include Dave & Buster’s, KidZania, FunCity, The Walt Disney Company, CEC Entertainment, Inc., Lucky Strike Entertainment, LEGOLAND Discovery Center, Cinergy Entertainment, Smaaash Entertainment Pvt. Ltd., and Scene 75 Entertainment Centers among others.

Over the past few years here have been various developments taken place and will further takes place in near future which contributes the overall market growth. For instance, in July 2019, Scene 75 bought the former Macy’s at the Mall at Tuttle Crossing for $3 million. The company has put in $15 million to transform the two-floor, 225,000-square-foot space into a family entertainment center that will be one of the largest in the United States.

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Eye Tracking Market is expected to demonstrate a CAGR of 25.3%  by 2030

The Global Eye Tracking Market size is estimated to be USD 0.34 billion in 2019 and is predicted to reach USD 4.06 billion by 2030 with a CAGR of 25.3% from 2020-2030. Eye Tracking is a system which analyzes the direction of gaze and eye movement with respect to head. Eye tracking involves the various activities such as eye movement, blinking, reaction of pupil to different activities. It is an advanced sensor based technology which gives unique insight to human behavior. It also allows the hands free interaction and creates new experiences to the user.

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There have been various technological advancements taking place over the forecast period coupled with rapid developing infrastructure. Furthermore, increased use of sensor coupled with increase in automation in various industries is also expected to fuel the growth of eye tracking market in the near future.

The other factors include increased adoption of eye tracking in various industries with wide application coupled with increased use of smart devices on a global level. However, high cost of advanced devices and sensors are expected to hamper the market growth. Moreover, increase in research and development activities coupled with innovation in different areas are expected to create numerous opportunities in the eye tracking market over the forecast period.

Market Segmentations and Scope of the Study:

The global eye tracking market share is analyzed on the basis of type, application, industry vertical and geography. On the basis of type, the market is segmented into Head-mounted eye trackers and Remote eye trackers. On the basis of application, the market is divided into Assistive communication, Academic research, Consumer behavior research, and Usability testing. On the basis of industry vertical, the market is divided into Retail, Automotive, Healthcare, Military & Aerospace, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to hold the major market share over the forecast period owing to the increase in technological advancement and rapid developing infrastructure coupled with increase in automation and increased use of sensors are further expected to drive the growth of eye tracking market over the forecast period.

Asia Pacific is further expected to show significant growth with gradual increase in market share owing to the increase adoption of eye tracking in different industries with wide applications with constant increase in the adoption of new technology are further expected to support the marker growth.

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The eye tracking market, which is highly competitive, consists of various market players. Some of the major market players include LC technologies, Tobii AB, Ergoneers GmbH, Eyetech Digital Systems, Mirametrix Inc., Smart Eye AB., Seeing Machines, Pupil Labs GmbH, Gazepoint and SR Research Ltd. among others.

There have been various developments taken in the past few years and will further takes place in near future which contributes the overall market growth. For instance, Seeing Machines has collaborated with L3 Commercial Aviation, to provide Seeing Machines’ integrated eye tracking capabilities into their Full Flight Simulator (FFS). Seeing Machines has worked with L3 to develop the solution featuring Seeing Machines’ leading eye tracking capability to be deployed into a new Boeing 787 FFS for a major Australian airline.

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Enterprise Mobility Market is forecast to reach USD 2804.44 billion by 2030

The Global Enterprise Mobility Market size is estimated to be USD 256.25 billion in 2019 and is predicted to reach USD 2804.44 billion by 2030 with a CAGR of 24.3% from 2020-2030. Enterprise Mobility is changing shift in business where employees can access the enterprise data outside the office premises with the help of cloud services on their devices such as smartphone, laptop, tablets and others. Enterprise mobility has wide applications such as salesforce automation, order booking, billing, supply chain, enterprise resource planning and others.  

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Over the period of time there have been various developments taken place in the market in terms of technological advancements and constant evolving infrastructure coupled with increased adoption of cloud services. Furthermore, increase in bring your own device trends are also expected to enhance the market growth.

Other factors include constant development in the communication infrastructure and rapid developing infrastructure coupled with increased use of IoT services are also expected to fuel the growth of enterprise mobility. However, increase in data security concerns and lack of standard operating system is expected to limit the growth of enterprise mobility market. On the other hand, increase in mobile application management and identity access management is expected to create lucrative opportunities in the enterprise mobility market over the forecast period.

Market Segmentations and Scope of the Study:

The global enterprise mobility market share is analyzed on the basis of device, application, end user and geography. On the basis of device, the market is segmented into smartphone, laptop, and tablet. On the basis of application, the market is divided into solutions and services. Solution segment is further segmented into Device Management, Security Management, Application Management, and Others. Based on end user, the market is classified into IT &Telecommunication, BFSI, Government, Retail, Automotive, and Others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to hold the major market share owing to the technological advancement taking place in the market coupled with IT infrastructure development on a large scale. Moreover, increase in bring your own device is aloes contributing the market growth in the near future.

Asia Pacific is expected to dominate the enterprise mobility market in terms of growth rate with substantial increase in market share. The other factors contribute the market growth include increase in automation, development in communication infrastructure and live updates with wide applications and increase used of cloud services coupled with IoT.

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The enterprise mobility market, which is highly competitive, consists of various market players. Some of the major market players include Symantec Corporation, Verizon Enterprise Solutions, Panasonic Corporation, SAP SE, Microsoft Corporation, Nokia Corporation, iPass, Inc., Meru Networks, Hewlett-Packard Development Company Ltd, IBM Corporation, Enterprise Mobile, Inc, Globo PLC, Cisco Systems, Inc, Citrix Systems, Inc, BlackBerry, Ltd, Cerner Corporation, AT&T, Inc, Avaya Inc, and Alcatel-Lucent S.A. among others.

In the recent past various developments taken place in the enterprise mobility and also expected to takes place in near future which enhance the market growth. For instance, in June 2019, BlackBerry Limited has announced five new features and capabilities for its BlackBerry Enterprise Mobility Suite. The goal of the new features is to securely connect both business and consumer applications to enable employees to instantly collaborate with peers and customers. It is in direct response to the advancements in mobile technology that have created a hyperconnected workforce where highly sensitive information and data are shared both inside and outside of organizational frameworks.

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Enterprise Blockchain Market to expand at a healthy 27.8%  CAGR from 2016 to 2030

The Global Enterprise Blockchain Market size is estimated to be USD 5.87 billion in 2019 and is predicted to reach USD 87.19 billion by 2030 with a CAGR of 27.8% from 2020-2030. Blockchain Technology is a digital ledger which is used to record transactions from various systems and this information cannot be altered. This technology came into existence with increased use of crypto currencies such as bitcoin and others and also maintains the transparency of the transaction data. Blockchain technology also plays an important role in the enterprises as it simplifies the asset management and payment cycle automatically and also eliminates the intermediaries.

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There have been increased used of crypto currencies and increase in data safety concerns have increase the demand of enterprise Blockchain over the forecast period. Furthermore increase in technological advancement, digitization with increased demand of developed infrastructure is expected to drive the growth of enterprise blockchain market

Other factors include increase in cloud services, increase penetration of internet and increased of digital money coupled with increase demand of asset management is further expected to augment the market growth. However, increased in fraud and regulatory frame is expected to limit the market growth. On the other hand, increase in research and development with increasing awareness about Blockchain technology is expected to create lucrative opportunities in the enterprise Blockchain in the near future.

Market Segmentations and Scope of the Study:

The global enterprise blockchain market share is analyzed on the basis of application, end user and geography. On the basis of application, the market is segmented into Trade Finance, International Currency Transfer, Syndicated Loans, Post-Trade: Clearing & Settlement, Automated Compliance, M2M IoT Asset Management, Payments, Crowdfunding + VC, Supply Chain Management, and Patient Records Management. On the basis of end users, the market is divided into Finance, Manufacturing, Government, Healthcare, Insurance and others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

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Asia Pacific is expected to show tremendous growth with constant increase in market share owing to the increased internet penetration, increase in IoT and cloud based services and increase use of digital money is also expected to support the market growth. Competitive Landscape

The enterprise blockchain market, which is highly competitive, consists of various market players. Some of the major market players include Arizona State University Blockchain Research Lab, Blockchain Technologies Corporation, ConsenSys, Barclays, Ericsson, CareChain AB, BigchainDB, Digital Asset Holdings, Everledger, BlockArray LLC, Conjoule GmBH, Facebook, Factom, and Ethereum among others.

Over the past few years there have been increase in digital currencies and various developments have also taking place which overall contributes the growth of enterprise blockchain market. For Instance, July 2018, Digital Asset has announced a new collaboration with Google Cloud to bring Digital Asset’s blockchain platform and developer tools to Google Cloud Platform. Developers now have access to a comprehensive suite of tools and services to build, test and deploy distributed ledger applications on-demand and without having to configure the underlying platform.

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Enterprise AI Market is expanding at a 48.3%  CAGR between 2020-2030

The Global Enterprise AI Market size is estimated to be USD 2.03 billion in 2019 and is predicted to reach USD 154.90 billion by 2030 with a CAGR of 48.3% from 2020-2030. Artificial Intelligence (AI) is a technology which processes the information similar to human thought process and learn, decision making and problem solving skills which helps in the day-today activities taking place in an enterprise. Integrating AI in the enterprises have various applications and it also helps in the automation of various process and also enhance the operational efficiency with constant innovation in frame work.

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There have been various technological advancements taking place in the market with constant evolving IT infrastructure. Furthermore, increase in cloud based services and increase in IoT technology coupled with increased adoption of AI are further expected to enhance the growth of enterprise AI market in the near future.

The factors including increase in internet penetration, large amount of data generation and processing coupled with increased demand of AI based platforms which further contributes the overall market growth. However, slow digitization and increase in complexities due to lack of skilled workforce is expected to impede the market growth. On the other hand, increased demand of enhance business functions and increasing innovations in AI technology is expected to create lucrative opportunities in the enterprise AL market.

Market Segmentations and Scope of the Study:

The global enterprise AI market share is analyzed on the basis of component, technology, deployment, organization size, application and geography. Based on component, the market is classified into solution and services. The services are sub segmented into Professional services and Managed services. On the basis of technology, the market is divided into Machine learning and deep learning and Natural Language Processing (NLP). Based on application, the market is fragmented into Security and risk management, Marketing management, Customer support and experience, Human resource and recruitment management, Analytics application, and Process automation. On the basis of organization size, the market is divided into Small and Medium-sized Businesses (SMBs) and Large enterprises. On the basis of deployment the market is fragmented into cloud and on-premises. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America is expected to dominate the enterprise AI market in terms of market share owing to the increase in cloud services coupled with increase demand of AI based platforms. Furthermore, technological advancement and development in IT infrastructure are also expected to fuel the growth of enterprise AI market.

Asia Pacific is expected show rapid growth with increasing market share owing to the increase in internet penetration and IoT. Moreover, large amount of data processing coupled with increased adoption of AI technology is expected to support the market growth.

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The enterprise AI market, which is highly competitive, consists of various market players. Some of the major market players include IBM Corporation, Sentient Technologies, Hewlett Packard Enterprise, Microsoft Corporation, Intel Corporation, AiCure LLC, NVidia Corporation, Oracle Corporation, Amazon Web Services, SAP SE, NEC Corporation, Wipro Limited, and Google Inc. among others.

In the recent past there have been various developments taken place in the enterprise AI   will further takes place which contribute the overall market growth. For instance, in October 2019, IBM has announced new innovations that further advance its Watson Anywhere approach to scaling AI across any cloud, and a host of clients who are leveraging the strategy to bring AI to their data, wherever it resides.