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Showing posts from June, 2022

Wine Packaging Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 Wine packaging will gain traction due to growing alcohol consumption across the world. Future Market Insights opines, sales of wine packaging are expected to surge at a CAGR of  5.4%  between 2022 and 2032 In recent years, modern businesses have witnessed the needs of exporting goods produced in their country, along with importing goods that are high in demand to their country. Preference for most trending products is rising among end users, improving the demand for international products that are most consumed in the global market. In the domestic and international markets there is high demand for wine and other alcoholic beverages.  For instance, in 2021 Italy, Spain, and France were the top three wine producers in the world, the demand for wine produced in Italy is highest across the globe. The demand for wine packaging for transportation is rising due to the increase in international trade of wine.  Key Takeaways from Wine Packaging Market Based on ma...

Packing Paper Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 The packing paper market is supposed to heighten at a CAGR of 4.8% from USD 45.3 billion of every 2022 to USD 72.4 billion through 2032. Businesses and manufacturing industries around the world have been adversely affected by the rapidly spreading Coronavirus. As a result of extended lockdowns and disrupted supply chains, the packing paper market has been significantly affected. During the COVID-19 outbreak, there has been a decrease in packaging paper production, which presents a challenge to manufacturers. There are several opportunities for market players to deal with these challenges in the packaging paper market. While the ongoing pandemic is affecting the economy, market players are effortlessly setting up their businesses to keep things running. A growing retail and e-commerce industry, as well as a growth in demand for environmentally friendly packaging products, represent the key drivers of the market at present. Significant growth in the number of online shopping p...

Contactless Biometrics Technology Market By System Type, End User, Region, Industry Analysis and Forecast, 2022-2030

 The Contactless Biometrics Technology Market  size is anticipated to grow to US$ 71,407.4 Mn by 2030, recording 17.6% during 2022-30. As biometrics has become a vital component within enterprises, institutions, and government facilities, contactless biometrics has gained a lot of traction offering the highest level of security mechanism. Various contactless biometric modalities include facial recognition, iris recognition, palm vein recognition, contactless fingerprint technology and voice biometrics, which offer a significant benefit over traditional touch-based biometrics in terms of hygiene, accuracy, low maintenance and enhanced security. Key Takeaways of Contactless Biometrics Technology Market Study North America is expected to hold a significant share in the global contactless biometrics market during the forecast period, due to high adoption of touchless biometrics systems for government and military applications. By Technology, facial recognition is estimated to cont...

Energy Intelligence Solution Market By System Type, End User, Region, Industry Analysis and Forecast, 2022-2032

  Energy Intelligence Solution Market  : Energy intelligence solutions provide an intelligent way to deal with energy crisis. Energy intelligence solutions includes tools and services which collect and analyse the energy data.  Energy intelligence solutions can be considered as advanced form of energy management solutions. As compared to energy management software, it provide two fold benefits; first it is not only a visualization tool for meter data but also provides intelligence to reduce energy waste. Second, it offers advanced domain knowledge to utilize collected energy data for energy management. Energy intelligence solutions provides support for open standards, measure and verify results, insights and analysis of recorded data, accessibility and portability, control and automation, an integrated platform. Energy intelligence solutions finds applications in food & beverages industry, automotive industry, metal manufacturing industry, oil & gas industry, petr...

I2C Bus Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 The global  I2C bus market  is expected to be worth $7.57 billion in 2022, rising to $12.44 billion by 2032. During the forecast period of 2022-2032, the market is expected to grow at a CAGR of 5.1 percent.  One of the factors driving the I2C Bus market is the rapid growth of industries such as telecommunications, consumer electronics, and industrial electronics, which has resulted in the widespread acceptance of these buses. A protocol has an important part to play in the embedded system design and without the protocol for increasing the peripheral features of microcontroller the power consumption and complexity in the design is seen to be increased.  There has been the advent of many protocols for the transferring of data between two systems one of them is the I2C bus protocol and the bus used is the I2C bus. An I2C bus is a bidirectional two-wired serial bus which is used to transport the data between integrated circuits. I2C Bus Market: Drivers and Challeng...

Hardware Security Module Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2028

  Hardware Security Module Market  is slated to increase at a CAGR of 9.9% to reach a valuation of US$ 2,039.1 Mn by 2028. Hardware security modules serve cryptographic functions, which include encryption, decryption, key management/generation, and hashing. A hardware security module is also referred to as Secure Application Module (SAM), Personal Computer Security Module (PCSM), Tamper Resistance Security Module (TRSM), Secure Signature Creation Device (SSCD), hardware cryptographic device, or cryptographic module. Security Applications Spreading Roots Fast, in the IoT Space The rising adoption of next-generation security solutions, which is a remarkable trend in the market, aids in improving the products as well as the operational efficiency of enterprises. Existing security solutions are evolving towards context-aware computing technology, which enables enterprises to detect advanced threats in a drastically changing environment. This factor is expected to create potential ...

Pails Market : Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2022-2032

 The worldwide  pails market esteem is assessed at US$ 1.9 Bn in 2022 and is projected to arrive at US$ 2.9 Bn by 2032, at a CAGR of 4.3% from 2022 to 2032. Future Market Insights (FMI) has predicted the pails market to register 4.3% CAGR between 2022 and 2032. Overall sales of pails is slated to total US$ 2.91 Bn by the end of the assessment period. The consistently rising demand for plastic pails is expected to create conducive environment for the global pails market growth.  Plastic pails are a common primary packaging material used across diverse industries since they are inexpensive, lightweight, and long-lasting and can be used in various sectors such as paints and coatings, industrial chemicals, petroleum, lubricants, cleaning solvents, adhesives, food and drinks, agriculture, and related industries.  The pails market value is expected to surpass US$ 1.91 Bn in 2022. One of the primary growth factors fuelling the demand for plastic pails market is their abili...

Metal Packaging Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 According to Future Market Insights (FMI), rising application of metal packaging solutions in food & beverages, personal care, healthcare, household & consumer, and industrial sectors is boosting the metal packaging market.  One of the primary growth factors for the metal packaging market is demand metal packaging is essential for human civilization's long-term survival. Metal, being a permanent substance, preserves its qualities even after infinite recycling, drastically decreasing resource waste.  For packing purposes, metals such as aluminium are particularly easy to sterilise. It is a good choice for packing materials due to its durability and high barrier protection. Cans have been the most popular of all the metal packaging options.  Metal cans have been used in a variety of packaging applications due to their ease of use and availability. Preference for small-size and multi-pack package forms will further drive the metal cans demand.  There...

Network Attached Storage (NAS) Market Share, Development by Companies Outlook, Growth Prospects and Key Opportunities by 2022-2032 | Says FMI Analyst

 The  network attached storage (NAS) market  is projected to arrive at a valuation of US$ 116.6 Bn by 2032 from US$ 31 Bn in 2022, rising quickly at a CAGR of 14.2% all through the estimate period. The rising reception of 4G and 5G advances, the production of high-volume computerized content, and the developing use of cell phones, PCs, and tablets, which bring about the age of gigantic measures of information, are the essential drivers driving the development of network attached storage (NAS) market. The critical drivers of the network attached storage market are the rising prerequisite to get to information in the corporate network and the web whenever and from any area. The rising use of remote and virtual office settings, business progression arranging, and the necessity to offer workers with remote admittance to corporate networks, thusly, are driving interest for network attached storage (NAS) innovation. Business activities need the reinforcement of touchy informati...

Smart Home Platforms Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 The worldwide  smart home platforms market  is assessed at US$ 20.5 Billion out of 2021 and is projected to secure US$ 23.88 Billion by 2022. The market is expected to earn US$ 110 Billion by 2032 while recording a CAGR of 16.5% during the figure time frame from 2022 to 2032. Extension of the market can be credited to the rising web infiltration and rising number of smartphone clients and rising way of life across different agricultural nations. Besides, the developing reception of innovations like Artificial knowledge, and IoT in homes to give improved security and control of each and every home machine at the tip is going about as a conspicuous viewpoint for expanded deals. There are different elements related with the utilization of a smart home stage; nonetheless, one of the genuinely noteworthy advantages is that it consequently predicts the way of behaving and needs of the clients to furnish them with pleasurable and charming environmental factors. On the contrary,...

Computer Aided Engineering Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 According to a recent report by Future Market Insights, the global  computer aided engineering market  is expected to register a CAGR of 8.3% by garnering a market value of US$ 20.19 Billion in 2032 from US$ 9.1 Billion in 2022. An absolute dollar growth worth US$ 11.09 Billion is expected for the computer aided engineering market throughout the forecast period ranging from 2022-2032. The software industry is a fast-paced industry and timely development and introduction of products to the market are vital to a firm’s success. Companies are obtaining new software technologies through mergers & acquisitions. Furthermore, Cloud computing offers easy access to data, vast space for data storage, and security. Cloud-based CAE, offered as a Software-as-a-Service (SaaS), renders application-specific solutions to the CAE users. Hence, the cloud-based deployment model is expected to portray a high growth rate during the projected period. The defense and aerospace end-use is ex...

Label Applicators Market Development Status, Competition Analysis, Type and Application 2022-2028

 Future Market Insights (FMI) conveys key experiences on the worldwide  label applicators market in its distributed report, named "Worldwide Label Applicators Market: Industry Analysis and Opportunity Assessment, 2022-2028". The worldwide deals of label applicators are expected to develop at 5.1% y-o-y in 2021 with deals of in excess of 233 Thousand units. While FMI actually assesses the label applicators market to develop fundamentally, Due to critical development kept in end use businesses for high velocity labeling arrangements across the globe. As per FMI, Asia-Pacific records for 34% of deals of label applicators in 2022 and is expected to represent 39% of deals in 2028. Worldwide label applicators market structures around 4-5% of the worldwide bundling apparatus market worth ~US$ 58 billion out of 2021. Label Applicator Market: Segmentation & Analysis The global market for label applicators is further segmented as per product type, process type, speed, application,...

AI in Fintech Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Key Trends and Forecast 2022-2032

 The global  AI in Fintech Market   is estimated at US$ 10.1 Billion in 2021 and is projected to procure US$ 11.76 Billion by 2022m according to a report published by ESOMAR-certified Future Market Insights. The market is anticipated to garner US$ 54 Billion by 2032 while recording a CAGR of 16.5% during the forecast period from 2022 to 2032. Expansion of the market can be attributed to the increasing emphasis on customer safety against cyber and banking frauds across various developing countries. From 2017 to 2021, the market flourished at a 16% CAGR. Growing application in the business analytics and reporting segment is another salient factor augmenting the industry growth in the assessment period. The managed service is likely to grow quickly owing to its help in administering AI-enabled apps in fintech. Fintech start-ups are using AI to provide professional services expected to drive the development of the segment. On the contrary, owing to th...

Cosmetic Pencil & Pen Market (2022-2029) | Where Should Participant Focus To Gain Maximum ROI | Exclusive Report By Future Market Insight

 The global  cosmetic pencil & pen market  was valued at ~US$ 2 Bn in 2018, and is expected to increase at a CAGR of ~8% between the forecast period 2019–2029, according to a recent study published by Future Market Insights (FMI). The study opines that the increasing focus to developments and innovation will continue to remain one of the vital factors that accelerates the market growth of the cosmetic pencil & pen. As per the key findings of the report, the global cosmetic pencil & pen market is projected to experience noteworthy growth over the forecast period due to various driving factors such as growing e-commerce industry and increasing demand for cosmetic product. The major players of cosmetic pencil & pen are focusing on the e-commerce channels for sales and promotion, finds the study. The e-commerce industry is growing at a good pace and is expected to contribute to the increasing sales of cosmetic products, and simultaneously influence the emergin...

Surface Protection Films Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2030

 The global  surface protection films market  is anticipated to expand at a CAGR of 5.7% over the forecast period of 2022-2030. The market is witnessing a demand upsurge to protect metal & plastic sheets, glass & mirrors, pre-painted surfaces, carpets, and furniture surfaces from vibrations and dust scratches. Various types of surface protection films, such as transparent, translucent, and coloured/tinted films have been gaining traction over the past couple of years, attributable to the rising preference for protective packaging. Furthermore, the ability to provide chemical, UV, and abrasion resistance to several industrial and non-industrial applications is broadening the adoption of surface protection films. As such, the global surface protection films market is set to experience decent growth through 2030, crossing a valuation of US$ 2 Bn towards the end of the forecast period. “The growth outlook for the market seems promising, owing to excellent conformabili...

Smart Home Security Camera Market | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2022-2032

The global smart home security camera market garnered US$ 6.25 Billion in 2021 and is expected to accumulate US$ 7.5 Billion in 2022, as per a recently published report by ESOMAR-certified Future Market Insights. The market is expected to surpass a market valuation of US$ 46.5 Billion by registering a staggering double-digit CAGR of 20.02% during the assessment period 2022-2032. The growth of smart home security cameras can be attributed to the increasing concern for indoor environments. Moreover, the easy availability and installation of smart cameras are playing a key role in the adoption of the same. Pet parents and couples working from offices are investing in smart cameras to keep track on pets and young children. Smart cameras not only display real-time events but also offer communication through audio. This, in turn, is propelling the growth of smart cameras in indoor environments of homes. On the contrary, outdoor cameras are facing possible threats of being damaged by we...

Residential Solar PV Inverter Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 According to the  residential solar PV inverter market   survey by Future Market Insights (FMI), the residential solar PV inverter market is anticipated to register a CAGR of 3.8% during the forecast period 2022-2032. The residential solar PV inverter market outlook will be bolstered by ongoing technological advancements, changing regulatory and consumer proximity, and the deployment of efficient inverter units. As per the   residential solar PV inverter market study, the growth of the residential solar PV inverter market is likely to be fueled by the increased deployment of solar PV modules to enhance the microgrid network. The study also finds that the replacement of traditional storage technology and changes to existing techniques and cost-competitiveness will positively impact industry dynamics of   residential solar PV inverter market trends. In addition, sales of residential solar PV inverters spike due to the widespread adoption ...

Subsea Multiphase Flowmeter Market Development Trends, Competitive Analysis and Key Manufacturers Report 2031

 Substantial increase in the focus on developing integrated flow metering solutions with automation and digitalization technologies, suitable for various applications are expected to drive the global subsea multiphase flowmeter market. As per Future Market Insights (FMI), the global  subsea multiphase flowmeter market  is projected to be valued at ~US$ 616.6 Mn in 2021. The ongoing COVID-19 crisis has caused severe impact on the global economy. It has resulted in partial to complete shutdown of the supply chain networks and manufacturing activities across certain regions. Subsequently affected the subsea multiphase flowmeter market, adversely affecting growth. However, subsea multiphase flowmeter market is expected to recover sharply as the economic activity resumes post the containment of pandemic. The production measurement segment is gaining prominence owing to its functionality of measuring the inflow and outflow of oil & gas such. Moreover, in the near future, it...

Solar Charge Controller Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2028

 Future Market Insights (FMI) has published a new research study on the global  solar charge controller market  titled  ‘Solar Charge Controller Market: Global Industry Analysis 2013–2017 and Forecast, 2018–2028’ . According to FMI, the solar charge controller market was valued at US$ 1.4 billion at the end of 2017 and is anticipated to grow at an impressive CAGR to reach US$ 3.4 billion by end of the forecast period. Global Solar Charge Controller market size in 2017 was nearly US$ 1.4 billion The Solar Charge Controller market will observe just-above 8% CAGR over 2018-2028 FMI finds that in 2018, East Asia and Europe were attractive regions in the solar charge controller market, accounting for more than 49% of the global market share. The demand for solar charge controllers is witnessing a linear trend with rising demand for offgrid solar panel systems from economies, such as China, India, USA, Brazil and some of the ASEAN and African countries. Developing economie...

Sustainable Aviation Fuel Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2022-2032

 According to Future Market Insights (FMI), the  sustainable aviation fuel market  was worth US$ 220 Mn in 2021 and is expected to reach US$ 15 Bn by 2030, with a CAGR of 60% from 2022 to 2032. The COVID-19 virus has spread across the globe without regard for national boundaries. As a result, it has had a severe economic and financial impact on all industries, sectors, and facets of life, as well as tremendous uncertainty. Governments all over the world are canceling visas for foreign residents and closing down damaged areas, which is one of the principal factors for the aviation industry’s downturn. The aviation industry is dedicated to lowering carbon emissions to create a more sustainable environment and comply with stringent emission laws . As a result, sustainable alternative fuels  are being adopted by various participants in  sustainable aviation fuel companies , such as improving aero-engine efficiency through design changes, hybrid-electric and all...