Vertical Farming industry analysis research and trends report for 2017-2024

The technology research report Vertical Farming Market Size By Product (Equipment [Lighting Systems, Pumps & Irrigation Systems, Tanks, Sensors, Pipes, Climate Controllers, Meters & Solutions], Fruits, Vegetables & Herbs [Tomato, Lettuce, Bell & Chili Peppers, Strawberry, Cucumber, Leafy Greens], Aquatic Species [Tilapia, Bass, Trout, Salmon, Crab]), By Technology (Hydroponics, Aeroponics, Aquaponics), By Application (Indoor, Outdoor), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Netherlands, Belgium China, India, Japan, South Korea, Mexico, Brazil, Argentina, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017–2024”, by Global Market Insights, Inc. says Vertical Farming Market size will cross USD 13 billion by 2024, driven by soaring population levels leading to imbalances in food demand and supply.

The global vertical farming market is expected to surge substantially with the current demographic trends pointing toward human population surpassing 9 billion by 2050 and 70% of this population residing in the urban centers. Recent FAO estimates indicates that in order to feed the larger, urbanized, and richer population, the global food production must increase by 70%. With the increasing food demand and limited resources, the vertical farming industry has witnessed a massive demand in the recent years. The practice of growing food and medicine in vertically stacked layers and other such vertical structures is termed as vertical farming.

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This technique is set to yield more crops per m2 with less water consumption when compared to traditional farming and is therefore widely used to produce fresh, high quality, and nutritious food. The declining arable land, water conservation, climatic variation, and soaring population have provided a significant impetus to the global vertical farming industry trends. As per Global Market Insights, Inc., Vertical farming market size is anticipated to record a remarkable CAGR of 27% over the period of 2017- 2024 and is expected to witness a market valuation of more than USD 13 billion by 2024, having collected over USD 2 billion in 2016.

Research activities across the globe have directed various companies to undertake small scale farming of fruits, herbs, vegetables, spices, and aquatic species as well. Tomatoes, leafy vegetables, strawberries, lettuce, and cucumber are the most popularly grown plants across various regions. Lettuce contributed to 30% of the overall vegetables, fruits, and herbs market in 2015 and is expected to drive the product landscape over the coming years. In terms of technology, crop production through the hydroponics technology has witnessed significant demand over the recent years having accounted for more than 50% of overall vertical farming industry share in 2016. Aquaponics vertical farming is also gaining a substantial prominence, owing to rising demand for edible fish such as Tilapia, which dominates the aquatic species segment. Reportedly, some of the European countries are leading in raising aquatic species including crabs and fish through vertical farming.

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Japan vertical farming market is expected to witness lucrative growth prospects, as majority of the vertical farms are presently located in Japan. The regional market held more than 25% of the total Asia Pacific vertical farming industry share in 2015. Other countries including China, India, and South Korea are also exhibiting huge potential for vertical farming market to expand. Seasonal changes have boosted the indoor vertical farming technique in controlled environments, freight containers, warehouses, and even parking lots. Many companies are also developing aggressive business models to make such sectors profitable. Over the forthcoming years, the industry is poised to witness various partnerships and mergers with LED lighting companies to optimize the plant growth and quality.

Prominent vertical farming industry players include Urban Crop Solutions, Spread co Ltd,Sky Greens, American Hydroponics, Aerofarms, Mirai Co.Ltd., and Plantagon International AB.

Report Content

Chapter 3.  Vertical Farming Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2013 – 2024

3.3.  Industry ecosystem analysis

3.3.1.     Vendor matrix

3.3.2.     Distributor channel analysis

3.4.  Industry impact forces

3.4.1.     Growth drivers

3.4.1.1.         Soaring population levels leading to imbalances in food demand and supply

3.4.1.2.         Scarcity of farming land: A major natural resource

3.4.1.3.         Stabilized crop production irrespective of climatic changes

3.4.1.4.         Conservation and recycling of natural resources

3.4.2.     Industry pitfalls & challenges

3.4.2.1.         Higher initial investments

3.4.2.2.         Lack of technical acumen

3.4.2.3.         Limitations of crops species grown

3.4.2.4.         High energy consumption (light, air conditioning)

3.5.  Growth potential analysis, 2016

3.6.  Technology & innovation landscape

3.6.1.     Patent analysis

3.7.  Regulatory trends

3.7.1.     U.S.

3.7.2.     Asia-Pacific

3.7.3.     Europe

3.8.  Porter’s analysis

3.9.  Competitive landscape analysis, 2016

3.9.1.     Strategy dashboard

3.10. PESTEL analysis

3.11. Cost structure analysis

Browse key industry insights spread across 225 pages with 221 market data tables & 11 figures & charts from this report Vertical Farming Market in detail along with the table of contents at:

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This latest Vertical Farming Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Vertical Farming industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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  • Global Vertical Farming Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Vertical Farming Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

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Wireless Charging Market trends research and projections for 2017-2024

The technology research report Wireless Charging Market Size By Application (Automotive, Consumer, Industrial, Healthcare, Aerospace & Defense), By Technology (Inductive, RF, Resonant), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Russia, China, India, Japan, South Korea, Australia, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Wireless Charging Market size is set to exceed USD 14 billion by 2024, driven by growing smartphone demand.

The far-flung expanse of wireless charging market is rather overt from its application extensity, inclusive of some of the most lucrative business spheres, along the likes of the consumer goods, industrial, aerospace & defense, automotive, and healthcare sectors. Despite the fact that much of the popularity wireless charging industry has accrued so far is due to the product’s deployment in consumer goods, the technology has been amassing quite a fortune from other end-use domains as well, the automotive sector being one of most essential ones. BMW, for instance, has been crawling its way into wireless charging market, evidence of the fact being, BMW’s recent partnership with Qualcomm.

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The German automotive giant has signed an agreement with Qualcomm for manufacturing charging pads for its BMW i3 and i8 safety cars deployed for the Formula E racing series. Using inductive charging, the pad would tap into BMW Wireless Charging tech for delivering electricity to BMW’s plug-in hybrid vehicles, without the necessity for a charging socket. In effect, the company plans to introduce its wireless charging pad into the mainstream arena by 2018, which would have a profound impact on the overall wireless charging market share. As per estimates, in fact, wireless charging market size was pegged at USD 3 billion in 2016, subject to rising demand for mobile power recharging options and the growing prevalence of tablets and smartphones.

The voracious inclination toward consumer electronics such as smartphones is the driving force for wireless charging industry. Most tech moguls have been striving to implement wireless charging in their devices with an aim to increase the product’s brand value and presence in the core business. One of the most popular and acclaimed instance testifying the validity of the aforementioned statement is Apple’s recent launch of the iPhone 8 series. The fact that the iPhone 8 would be endowed with wireless charging has been on the news bulletin for a considerably long while, much prior to the product launch. And yet, its introduction in the mainstream arena has created quite a stir in the tech cosmos. The company has apparently chosen 7.5 W of power transfer for iPhone 8 and the much-awaited iPhone X.

While wireless charging market had been introduced in the international circuit for more than two decades back, its commercialization scope has surpassed escalated levels merely a few years back. This business space has been ablaze with numerous innovations on an annual basis, though 2017, has indeed been a spectacular year for wireless charging industry. Some of the marked developments that defined the growth spectrum of wireless charging market in 2017 have been meticulously outlined underneath:

Wireless charging market players Growth strategy adopted Impact on wireless charging market
Integrated Device Technology IDT announced the shipment of 30 million Qi wireless power transmitters that utilize the firm’s power management technology. IDT’s shipment validates the declaration that wireless charging industry has indeed gone mainstream, and is likely to accrue remarkable sales with time.
Powercast Corporation Powercast announced the launch of the P1110-EVAL-01 development kit enabling easy design of smart devices using the firm’s wireless power technology. Powercast’s the P1110-EVAL-01 may have a profound impact on the product landscape of wireless charging market, enabling other companies to push themselves further on.
The Massachusetts Institute of Technology MIT has unveiled its 2nd wireless recharging spin-off, called Pi Inc., that would soon be launching the beam-forming magnetic induction wireless recharging station, designed to charge multiple devices within a range of a foot from the charger. MIT’s spun-off start-up is likely to emerge as one of the most potentially competitive entrants in wireless charging industry, which would pressurize other tech giants to bring about further innovations in their products.
Ventev Mobile Ventev recently displayed its new jet black chargesync alloy cable, wireless charging car kit, wireless chargestand, and a range of Power Delivery and Qualcomm® Quick Charge™ 3.0 accessories at the Pepcom Holiday Spectacular East. Ventev’s portrayal of its unique product portfolio would have a marginal but powerful impact on wireless charging market players, leading to the conceptualization of technological advancements in wireless charging.

 

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The proliferation of advanced technology and the substantial rise in the tech-savvy populace are deemed to act as major drivers for wireless charging market. Major tech giants along the likes of WiTricity Corporation, Energizer Holdings, Inc., Powercast Corporation, Integrated Device Technology, Inc., Convenient Power Ltd., Murata Manufacturing Co. Ltd., Texas Instruments, Inc., Mojo Mobility, Inc., Qualcomm Inc., PowerbyProxi Ltd., Leggett & Platt Inc., and Powermat Technologies partaking in wireless charging industry share have been pushing themselves to brainstorm and develop contemporary technologies that could make wireless charging even more convenient to access. Given that consumers have been demanding a hassle-free charging experience, companies have been prioritizing the manufacture of non-removable batteries and limited battery space in products. This dynamic transformation of tactic adoption would ultimately augment the demand for this service, inherently propelling wireless charging market size. The humongous appetite for this business space is quite evident from the estimates – wireless charging industry size is forecast to be pegged at a valuation nearly five times its revenue collection in 2016, as per a report compiled by Global Market Insights, Inc.

Report Content

Chapter 1. Methodology & Scope

1.1. Methodology

1.1.1.   Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Scope, definition and research parameters

1.2. Data Sources

1.2.1.   Primary

1.2.2.   Secondary

Chapter 2. Executive Summary

2.1. Wireless charging industry 360º synopsis, 2013 – 2024

2.1.1.   Business trends

2.1.2.   Regional trends

2.1.3.   Technology trends

2.1.4.   Application trends

Chapter 3. Wireless Charging Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024

3.3. Industry ecosystem analysis

3.3.1.   Supply chain analysis

3.4. Technology landscape

3.4.1.   Wireless charging standards

3.4.1.1.      Qi

3.4.1.2.      Power Matters Alliance (PMA)

3.5. Regulatory landscape

3.5.1.   FCC Part 15

3.5.2.   FCC Part 18

3.6. Industry impact forces

3.6.1.   Growth drivers

3.6.1.1.      Growing smartphone demand in India and South-East Asia

3.6.1.2.      High degree of convenience across Europe

3.6.1.3.      Technological innovation in the U.S.

3.6.1.4.      Rising need for wireless charging for electric vehicles (EV) in Europe and North America

3.6.1.5.      Rising penetration in industrial and commercial environments in Asia Pacific

3.6.2.   Industry pitfalls & challenges

3.6.2.1.      Need for standardization

3.6.2.2.      Mobility issues and longer charging times

3.7. Growth potential analysis

3.8. Porter’s analysis

3.9. Competitive landscape, 2016

3.9.1.   Strategy dashboard

3.9.2.    PESTEL analysis

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This latest Microgrid Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Microgrid industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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  • Global Microgrid Market size & forecast by product & application.
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China Microgrid Market to exceed 1 GW by 2024

The technology research report Microgrid Market Size By Connectivity (Grid Connected, Off-Grid), By Grid Type (AC Microgrid, DC Microgrid, Hybrid), By Source (Diesel Generators, Natural Gas, Solar PV, CHP, Others), By Storage (Lithium-Ion, Lead Acid, Flow Batteries, Flywheel, Others), By Application (Healthcare, Educational Institutes, Military, Utility, Industrial/Commercial, Remote, Others) Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, France, UK , Russia, Spain, Italy, Denmark, China, Japan, South Korea, India, Australia, Indonesia, Brazil, Argentina, Chile, Saudi Arabia, UAE, South Africa, Iran, Nigeria) Application Potential, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Microgrid Market size will exceed USD 19 billion by 2024,driven by rising demand for renewable energy integration.

Powered by the quest to deliver uninterrupted electricity to remote locations across the globe, microgrid market players seem to be on an expedition to bring forth a range of highly advanced networks endowed with supreme connectivity and storage that would help electrify rural and outlandish areas. In an era thriving on the notion of circumventing the deployment of fossil-fuel resources and promoting sustainability by and large, microgrid industry outlook is likely to witness a transformation at the paramount stratum. The declaration has been amply and impeccably testified by the extensive launch of these grids across numerous regions where power supply is still a luxury.

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For instance, Robben Island, the World Heritage Site in Cape Town, has recently witnessed the launch of an R25-million solar energy, lithium-ion battery storage microgrid. The region had been dependent on diesel since long for power generation, however, now, with the launch of this microgrid, it is expected that Robben Island would prove to be a viable exemplar to stimulate microgrid market demand. The Li-Io battery storage microgrid installation has been forecast to reduce the usage of close to 600,000 liters of carbon-emitting fuel, underlining how effectively microgrids can be used for electricity generation in fuel-powered areas, thereby benefitting the overall microgrid market outlook.

The contribution of governmental bodies toward microgrid industry expansion

Regional governments and regulatory bodies have a rather influential role to play in the development of microgrid market. Given that the demand for electricity and the dire need for optimized power consumption are globally prevalent issues, the trends witnessed across this business vertical have a tremendous influence on the overall energy mix, which has spurred the interest of regional and international governmental bodies. In consequence, a series of highly profitable initiatives have been witnessed across microgrid market lately, a concise gist of which has been outlined below:

  • Merely a week ago, the Massac.husetts Department of Public Utilities and The Boston City Council took a step forward toward contributing their bit toward microgrid market growth. The city council apparently, has approved the Docket 0340 – a proposal for the state legislature to pave the way for constructing a microgrid at the Raymond L. Flynn marine park. In the event that the state lawmakers give the green signal, this would be the first time an energy savings performance contract (ESPC) would be approved for a project excluding solely publicly-held buildings. Through a legal request, the ESPC would be signed with another reliable business partner to construct the microgrid at the 191-acre navy yard – a project that would have a commendable impact on the growth graph of the regional microgrid industry.
  • In 2016, the MNRE (Ministry of New and Renewable Energy) apparently drafted a national policy for mini and microgrids, that chalked out a plan including 10,000 mini and microgrids with a generation capacity of 500 MW in the next five years. Despite the fact that the policy approval is still underway, and that certain nuances are yet to worked upon, the proposal still marks considerable significance in microgrid market, since it validates that governments are inherently conscious of the significance of grid installations to combat power supply across rural areas.

 

  • The Secretary of the Philippine Department of Energy (DOE), Mr. Alfonso G. Cusi, has recently outlined the aim of the Filipino government to further stimulate the deployment of mini and microgrids in the country by tapping renewable energy. Through this long-standing goal, the Filipino government intends to achieve its vision of achieving total electrification by 2022. Philippines’s goal is likely to validate the extent of government intervention in microgrid market, which may substantially impel the revenue graph of this business vertical in the years ahead.

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The buzzing trends of sustainability and reduced energy consumption have led to the mandatory implementation of power grids to ensure an unlimited supply of electricity. In the years to come, it has been forecast that the robust requirement for electricity will generate a substantially extensive demand for power grids to be installed at strategic locations and remotely inaccessible areas. In consequence, this would encourage microgrid market players to go the whole hog and come up with unique and reliable products that would be easy to install and operate. In fact, plans are already underway for massive grid installations – PanaHome, a unit of Panasonic, in tandem with the METI (Ministry of Economy, Trade and Industry), has revealed that the company has plans to connect 117 homes in the western part of Japan, to a solar-powered microgrid system. Panasonic’s venture proves that microgrid industry players are being influenced by the growing need to integrate renewables such as solar and wind energy in the national grid.

It is also prudent to mention that lately, microgrid market companies have been motivated to tap into areas prone to disasters – such as those that are prone to hurricanes, tornados, earthquakes, and the like, given how crucially pivotal microgrid installations have proven to be in these areas. Driven by the mammoth participation of regional governments and the presence of a stringent regulatory framework, microgrid market size is expected to cross USD 19 billion by 2024 – nearly five times the original valuation of this business space in 2016.

Report Content

Chapter 3. Microgrid Market Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024 (USD Million)

3.3. Industry ecosystem analysis

3.3.1.   Vendor Matrix

3.4. Innovation landscape

3.5. Cost structure analysis

3.5.1.   Equipment cost

3.5.2.   Generation cost

3.6. Power consumption, TWh (2000 – 2016)

3.6.1.   North America

3.6.2.   Europe

3.6.3.   CIS

3.6.4.   Asia Pacific

3.6.5.   Middle East & Africa

3.6.6.   Latin America

3.7. Regulatory landscape

3.7.1.   U.S.

3.7.2.   Europe

3.7.3.   UK

3.7.4.   China

3.7.5.   Japan

3.7.6.   India

3.8. Role of microgrid stakeholders

3.8.1.   Energy service companies

3.8.2.   Consumers

3.8.3.   Government regulators

3.8.4.   Electricity regulators

3.9. Infrastructure and energy spending, 2015/2016

3.10.          Renewable energy incentive in U.S States

3.11.          Renewable energy electricity support instruments in EU 28-member states

3.12.          Energy policies considered for deployment of microgrid network

3.12.1. Europe

3.12.2. U.S.

3.12.3. China

3.13.     Industry impact forces

3.13.1. Growth drivers

3.13.1.1.    North America

3.13.1.1.1.       Renewable energy integration

3.13.1.2.    Europe

3.13.1.2.1.       Integration of renewable energy technologies

3.13.1.3.    Asia Pacific and Middle East & Africa

3.13.1.3.1.       Growing demand for off grid electricity

3.13.1.3.2.       Government program toward electrification

3.13.1.3.3.       Increasing electricity demand

3.13.2. Industry pitfalls & challenges

3.13.2.1.    High capital cost

3.14.     Growth potential analysis

3.15.          Porter’s analysis

3.16.          Competitive landscape

3.16.1. Strategy dashboard

3.17.     PESTEL analysis

Browse key industry insights spread across 300 pages with 798 market data tables & 12 figures & charts from this report Microgrid Market in detail along with the table of contents at:

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This latest Microgrid Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Microgrid industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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Cloud Gaming Market 2024: Opportunity and Demand Analysis, 2017-2024

Cloud Gaming Market size is estimated to witness a significant growth owing to the appeal of playing and experiencing games without the need to install the software in the hard disk. The cloud gaming market is driven by the rise in cloud computing, mobile gaming audience, and social media relevance. Moreover, with the launch of Smart TVs, there has been a rise in the demand from the U.S. and Western European countries. The concept of the gaming market revolves around accessing and playing games, which are stored on a remote server. Users can access these games via internet-connected devices through a subscription fee or free of cost.

The gaming market is exploring gaming features through cloud gaming platform, enabling gamers to play games with animations and varied graphics conveniently. It is estimated that this will lead to the growth of the gaming market. The gaming platform uses rendering technology through which screens rendered for a game are given as inputs to encode the screen, then transfer coded screen to client device to display. The cloud directly instructs and modifies the engine of the game to update the screen after the rendering is finished.

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Some of the advantages that cloud gaming offers are computer and smartphone gaming integration, elimination of highly-priced hardware, game spectating, and enabling instant gameplay. This offers a gaming experience, which is platform independent; this means tablets and computer devices running on Linux, Mac, iOS, Windows RT, Android, Chrome OS, and other OS will support games that initially may run on Windows only. Gaming even ensures that there are no physical copies of the software to rely on to play games, saving the ownership cost of a console. However, the market faces vulnerability owing to the inappropriate tracking of the data via cookies from service providers, who personalize their offerings to approach the target audience. This comprises analyzing the gathered data of a customer such as buying behavior and online preferences. Furthermore, the data is utilized for data mining and customer profiling. These inappropriate methods to gather and store data lead to breaching a customer’s privacy.

North America is estimated to lead the gaming market owing to the accessibility of high-speed internet connection and strong market segmentation of smartphone devices in its geography. The ability and affordability to spend resources over leisure in the market by users in the region also help in the market growth. However, the APAC region is anticipated to grow exponentially over the forecast period due to the rapid adoption of technologies in India, South Korea, and China for gaming. APAC in the market is expected to grow the fastest in cloud gaming due to the increased availability of tablets and smartphones, which are cost-effective. The emergence of digital technology in the region with foreign investments has led to a huge growth of APAC over the forecast period.

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The cloud gaming market is estimated to witness a significant growth with the advent of new technologies developed and decrease in piracy. Few of the key players, who offer cloud gaming with features in the market include NVIDIA, Sony, Gaikai, OnLive, Liquidsky, Crytek, Amazon, Google, Samsung Electronics, and Ubitus.

This latest Cloud Gaming Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Cloud Gaming from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

 Reasons to Buy This Report

  • Global Cloud Gaming Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Cloud Gaming Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Unified Communications & Collaboration Market to reach $57bn by 2024

The technology research report “Unified Communications & Collaboration (UCC) Market Size By Platform (Telephony [IP Phones, IP PBX], Collaboration [Mobile, Social Network, Video Platform], Unified Messaging [Voicemail, Email, Fax], Conferencing [Audio, Video, Web], Services & Tools), By Deployment Model (On-premise, Cloud/Unified Communications as a Service (UCaaS), Hybrid), By Application (IT & Telecom, BFSI, Public Sector, Retail, Healthcare, Education), Industry Analysis Report, Reginal Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Netherlands, China, Japan, Australia & New Zealand (ANZ), South Korea, India, Singapore, Brazil, Mexico, Argentina, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2017 – 2024” by Global Market Insights, Inc. says UCC Market size is set to exceed USD 57 billion by 2024; according to a new research report by Global Market Insights, Inc. driven by rapid adoption of mobile devices.

The unified communications and collaboration market growth is attributed to the growing penetration of mobile devices and increasing adoption of BYOD trend across enterprises on a global scale. Over the last 10 years, mobile devices have evolved from just a means for voice communication to a smart device with sophisticated multi-function capabilities. Increase in consumption of mobile internet is expected to further assist the UCC market growth during the timeline. Allowing employees to bring their own devices to the workplace helps companies cut hardware and service costs considerably. Enterprises are increasingly accepting BYOD to enhance employee productivity. UCC technology leverages this BYOD eco-system to enable efficient communication with mobile resources.

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As upgrading traditional communications network and infrastructure becomes highly challenging in a rapidly evolving business environment, enterprises are becoming more inclined towards cloud and hybrid UC solutions to scale and manage communication resources. An expanding global cloud eco-system is also expected to boost the market growth over the timeline.

Telephony platforms are expected to hold a significant market share of over 25% by 2024 owing to large scale deployment of telephony applications across enterprises in various sectors as a primary communication medium to enable real-time business communication. IP phones segment will secure a larger share of the telephony market over the forecast period as they have numerous benefits over analog phones and cost much less than traditional telephone services. Collaboration market will witness fastest growth over the timeline owing to the advent of highly sophisticated collaboration systems which facilitate meetings involving members from business units located at diverse geographic locations.

Cloud-based UCC market will witness favorable growth between 2017 and 2024 owing to growing popularity and adoption of cloud computing technology across businesses in varied sectors ranging from IT & telecom, BFSI, healthcare and public services. Hybrid model will experience accelerated growth during the timeline. As the framework gives cloud capabilities along with secure on-site storage of critical data, the model is witnessing rapid adoption by enterprises wanting to implement UCC systems.

IT & telecom UCC market is expected to garner a major share of the overall market by 2024 due to high adoption and immense applications of the technology for process flows in the industry. Effective team collaboration and robust network availability are some of the key requirements of the enterprises operating in this sector. Hence, UCC technology is witnessing high acceptance from such enterprises that operate on an extensive global scale. With rising proliferation start-ups in the IT sector, the demand for cost effective UC capabilities will increase over the forecast period to reduce expenditure on IT infrastructure procurement, maintenance and upgradation.

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North America will dominate the UCC market by 2024 primarily due to the availability of a robust telecom and cloud infrastructure in the region. Also, extensive support for BYOD and readiness to adopt the trend by U.S. enterprises is also positively contributing to the market growth. Asia Pacific market on the other hand, is expected to grow with the highest CAGR of over 13% between 2017 and 2024 due to increasing demand for better business communication infrastructure by organizations operating in emerging economies such as Japan and China. With consistent economic development, the enterprises in these countries are growing in both scale and geographical reach leading to the need for stronger internal and external collaboration functions.

The players operating in the UCC market include pure providers such as Avaya, 8×8 and Unify along with software providers such as Microsoft, Cisco, Verizon and ALE. The major strategy adopted by key market players is strategic collaborations and partnerships. Such undertakings enable them to enrich their existing product portfolio and further expand their presence in different regional markets. Furthermore, strategic acquisitions also play a key role in the consolidation of the highly mature market as major players are striving to extend their global presence and gain more market share.

UCC market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024, for the following segments:

Unified Communications & Collaboration Market, By Platform

  • Telephony
    • IP phones
    • IP PBX
  • Collaboration
    • Mobile
    • Social network
    • Video platform
  • Unified messaging
    • Voicemail
    • Email
    • Fax
  • Conferencing
    • Audio
    • Video
    • Web
  • Services and tools

Unified Communications & Collaboration Market, By Deployment Model

  • On-premise
  • Cloud
  • Hybrid

Unified Communications & Collaboration Market, By Application

  • IT & telecom
  • BFSI
  • Public sector
  • Retail
  • Healthcare
  • Education

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Netherlands
  • APAC
    • China
    • Japan
    • ANZ
    • South Korea
    • India
    • Singapore
  • LAMEA
    • Brazil
    • Mexico
    • Argentina
    • GCC
    • South Africa

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Personal Cloud Market share research by applications and regions for 2017-2024

Personal Cloud Market size is estimated to witness a gradual growth owing to the advent of modern technologies and innovations in the IT sector. SMEs and large enterprises have widely adopted these cloud apps. SMEs require cloud services and solutions to sync, store, share files, photos, and documents. The concept of personal cloud revolves around providing cloud storage to store data for home users. This cloud is primarily designed for sharing videos, documents, and photos though they can also cater to streaming preferences for multimedia services, for instance, the use of Google Drive or Dropbox.

The personal cloud market is driven by the increase in demand for cost-efficient storage, data sharing, ease in data access, use of portable devices, and safety against data loss. One of the primary benefits of cloud includes storage space management at the users’ residence with data center infrastructure to the service provider. Cloud market services provide improved accessibility, sharing users’ data, and increased security features and storage facilities, leading to improved user experience and ease-of-access. The market has also benefited from the upsurge of broadband connections and smartphones. It is expected that these services shall be in demand among business customers and individuals owing to the need for data storage platforms, leading to the enhanced adoption of cloud solutions and services.

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The personal cloud market faces vulnerability with the addition of cloud services as the users or employees store their data over the cloud. According to industry experts, employees risk the potentially sensitive data of an organization, which may become a threat to the organization in the future. IT needs to discover or come up with solutions to secure sensitive information in the cloud. The IT professionals need to innovate and emphasize on file-level security than storage level security.

North America leads the personal cloud market owing to the advent of new technologies and increased awareness among the masses in the region. The region holds the largest share of professional services in the cloud market, which can be attributed to the early adoption of cloud services in the U.S. market. The driving factor to aid cloud computing in the region is the minimal capital expenditure. The benefits the region offers in the market include enhanced flexibility and agility with the capability to deploy new apps smoothly. Along with North America, Europe leads in the utilization of cloud services. The market is growing rapidly creating intriguing opportunities for outsourcing as SMEs and large enterprises use cloud services to ensure flexibility in their IT environment.

The APAC region is emerging as a leading market, which is expected to contribute immensely to the market revenue. The region shall experience an increasing demand to offer cloud services and solutions than Europe and North America owing to fast broadband networks with enhanced usage of multimedia devices. The market in the Middle East and Africa is also expected to grow and its progress will rely heavily on the need for service agility and data security concerns. Similarly, the market in Latin America will grow steadily over the forecast period.

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It is estimated that the adoption of personal cloud services shall witness a positive growth owing to the increase in the use of hybrid cloud within large enterprises. Therefore, it is anticipated that IT will invest in the reliable network infrastructure or the adoption of hybrid cloud for services. Some of the key players present in the personal cloud market are AWS, Apple, Buffalo Technology, Barracuda Networks, Dropbox, Box, SugarSync, SpiderOak, Google, Engyte, Mediafire, Microsoft, and Seagate.

This latest Personal Cloud Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Personal Cloud from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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Inventory Management Software Market trends research and projections for 2017-2024

Inventory Management Software Market size is driven by the need to generate and manage orders, bills, and documents, especially in the retail and manufacturing industry.  The growth of the market is driven by the increase in the omnichannel retailing and the growing popularity of the e-commerce. Inventory management software is also used for managing and tracking the inventory levels, deliveries, sales, and orders. The software offers several benefits, such as asset tracking & monitoring, order management, inventory optimization and product identification, driving its demand among the industry verticals.

With the adoption of smartphones and tablets, the popularity of the mobile commerce and e-commerce also increases. It encourages retailers to replace their physical stores with online stores. Furthermore, the increasing internet penetration and technological advancements also lead to the increase in the number of online shoppers, which fuels the competition between retailers. This gives rise to the requirement of real-time analytics and an effective software to manage the orders, sells, and inventory to gain a competitive edge over competitors. Therefore, it is estimated to augment the demand for inventory management software. However, there are certain factors that are hindering the growth of the market. The high installation cost, data security, and customer privacy are the major factors that are restricting the growth of the market.

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The increasing demand for the RFID technology is also estimated to be one of the major factors that is driving the growth of the market. RFID is a wireless technology that is used for tracking and monitoring the assets. The technology automates warehouse control end-to-end and assists organizations in managing thousands of orders on a daily basis. Moreover, the technology offers a real-time analysis of inventories and orders. The better merchandising decision integrated with low operational cost will help the market growth in developing economies. Moreover, the software helps in the easy tracking using barcode scanners, smartphones, and tablets helping the market grow. In addition, the adoption of cloud, IoT, and RFID will become a key attraction for investors.

North America is estimated to be the leading region in the market owing to the presence of a large number of market players and rising requirements to streamline inventory and manage real-time data. The Asia Pacific region is anticipated to witness a high growth during the forecast period owing to the growing demand for automated tools at the workplace to improve the performance of the business. Furthermore, the growing popularity of e-commerce and increasing digitalization in developing countries including India and China are also driving the growth of the market.

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Some of the major vendors present in the inventory management software market are Oracle, Microsoft, Epicor, SAP, JDA Software, Accellos, Aldata Software, IBM, GTNexus, Totvs, Netsuite, Retalix, Quintiq, Kewill Systems, Kinaxis, etc. The growing demand for the inventory management software has intensified the competition amongst the market players. The players are adopting various strategies, such as mergers & acquisitions, product launches, geographical expansion, collaborations, and partnerships, to gain market share and get an edge over the competitors.

This latest Inventory Management Software Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Inventory Management Software from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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Bottled Water Testing Equipment Market 2024: Opportunity and Demand Analysis, 2017-2024

Bottled Water Testing Equipment Market size is liable to grow at a moderate CAGR as bottled water is becoming one of the need of the hour. This testing equipment comprises of a multi-barrier approach which includes distillation, micro-filtration, reverse osmosis, carbon filtration, ultraviolet light (UV) and ozonation. Product is extensively used for detecting organisms as Vibrio cholera, E. coli and other pathogens. This testing of the bottled water is required to recognize the heterotrophic, coliforms, mold, yeast, coliforms, pH, turbidity, conductivity and ozone residual.

Rapidly rising water-borne diseases and subsequently rising health concerns among consumers in Asia Pacific are expected to drive product demand which will help attain substantial gains to the bottled water testing equipment market size during the forecast period.  Additionally, stringent regulations formulated by regulatory bodies namely World Health Organization (WHO), U.S. Department for Human & Health Service, etc. encourage healthy lifestyles to reduce impact of disease causing agents which in turn will have positive impact on the bottled water testing equipment market size in the coming years.

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Furthermore, the EU commission’s regulation for food and drugs is also likely to make noteworthy contribution to the bottled water testing equipment market size in the coming years.

Rising R&D investment to develop new technologies for physical water testing, microbial, chemical i.e. pesticide pollutants, toxic by-products and pharmaceutical residues is likely to make substantial investment to bottled water testing equipment market size over the projected timeframe.

High product price and the continuous advancement in the technology used for testing bottled water is probable to hamper bottled water testing equipment market in the coming years.

Based on technology the bottled water testing equipment market size is segmented into traditional and advanced. Then advanced is further classified into chromatography, spectroscopy and other instruments including as Immunoassay, PCR etc. In chromatography segment, the testing equipment separate the mixtures in the water whereas in spectroscopy the testing equipment measures the radiation intensity of the water.

Based on component the bottled water testing equipment market is segmented into consumable & reagents, lab instruments and reference materials. These components are required for testing the quality and edibility of the bottled water. Quite a no. of lab instruments are required in this process such as one time use plastic containers to be crushed after use, one time use plastic container in the shape of cup or glass/tumbler, containers made of glass material to be used after sterilization.

Based on test type the bottled water testing equipment market is segmented into radiological, microbiological, physical testing and chemical testing. Chemical testing is the most popular type of testing method. The testing is done to check for pesticide pollutants, pharmaceutical residues and toxic by-products.

Asia Pacific bottled water testing equipment market size is anticipated to grow at a healthy CAGR in the coming years primarily due to rising awareness towards health concerns and stringent regulations imposed by regulatory bodies to encourage healthy lifestyle.

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Followed by Asia-Pacific, North America and Europe are also expected to make significant contribution to the bottled water testing equipment market size in the coming years. This is mainly due to the strict regulations that are led down by the authorities like FDA and EU Commission. The Middle East, Africa and Latin America are at an infant stage as per the bottled water testing equipment market is concerned due to the lack of consciousness about the testing of water along with absence of stringent regulatory authorities in the region.

Presence of bottled water testing equipment manufacturing giants in India including PepsiCo (Aquafina), Nestle, Coca-Cola (Kinley) have pronounced India as a market with abundant potential which had led to building up quite a no. of bottling water plants. The potential here in India is abundance, even the bottled water manufacturing giants situated in India are experiencing a big hike in the demand from the consumers.

Some of the prominent bottled water testing equipment market players are Waters Corp., ThermoFisher Scientific, Inc., Restek Corp., LaMotte Company, Inc., Accepta AS, Bio-Rad Laboratories, Inc., Shimadzu Corporation, Agilent Technologies, Inc. and Perkin Elmer Inc.

This latest Bottled Water Testing Equipment Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Bottled Water Testing Equipment from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Food Automation Industry analysis research and trends report for 2017-2024

Food Automation Market is anticipated to witness a noteworthy growth owing to inclination of consumers towards processed and ready to eat nourishments. Stringent regulations regarding consumer safety coupled with technological advancements in processing methods will further propel industry size.

Automation technologies are widely used in processing industries. It serves as a cost-effective solution by optimizing resource management, improving productivity, better asset management and mitigating security risks. Motors aid to offer appropriate functioning of systems, whereas generators ensure smooth operational flow. Additionally, implementation of different packaging machineries and robotics is anticipated to foster food automation market growth.

According to the Union Budget 2017-2018, government of India has invested US$ 1.2 billion on dairy processing. Furthermore, Confederation of Indian Industry (CII) projected that nourishment processing sector in the country will attract USD 33 billion over the forecast timeframe.

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However, requirement of high initial capital investment is expected to hamper food automation market growth. Small and medium scale industry players frequently experience shortage of adequate capital to install automated machineries in their factories, that in turn restraint manufacturers businesses.

Motors & generators is expected to account for the largest food automation market share owing to increasing importance of motors in motion regulating applications over the forecast timespan. Several industrialized countries are continuously experiencing high demand for high torque, high pressure and wash down applications with detailed motion control has substantially boosted their functionality. Increasing necessity to maintain smooth and effective functioning of systems will propel industry growth.

On the basis of application, beverages are projected to dominate the segment. Increasing criticality in beverages production processes, constant advancements, and new product launches in are significantly supporting product penetration. Complete vertical integration of beverage production processes by adopting process computerized solutions along with value chain optimization will further propel industry size.

Based on function packaging & re-packaging is the fastest growing segment owing to health and safety concerns. Manufacturers are expected to invest progressively in technological developments including automated packaging systems. Increasing necessity to overcome challenges of sustaining product safety and quality will drive food automation market size.

Europe was estimated as the largest food automation market in 2016 owing to high demand for processed nourishment products, especially in Spain, Italy, UK, Germany and France. Moreover, stringent regulations imposed by several regional regulating bodies pertaining to the quality of processed nourishment products will fuel product demand over the forecast timeframe.

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Asia Pacific is the fastest growing food automation market owing to rapidly expanding food & beverages industry in the region. Improved standard of living, rising disposable income and liberalization of foreign direct investment are key factors driving industry growth. In addition, increasing adoption of automated technologies in production facilities also drives regional food automation market.

Global food automation market is fragmented owing to several large and small industry players competing on the basis of price, distribution, service, promotion, quality, innovation and reputation. Growth opportunities of the players depend on the demographic trends and shifting consumer spending pattern. Penetrating competition makes the industry players to focus on offering innovative products to meet the consumers’ demands.

Key market players include Beumer, Siemens, Schneider Electric, Mitsubishi Electric, Emerson Electric, Swisslog Holding, Kollmorgen and Rexnord. Other prominent participants are Yokogawa Electric, Fortive, Nord Drivesystems, Yaskawa Electric, GEA Group, ABB Group, Ametek, Horner APG, Frontmatec, Festo AG & Co. KG, Elwood Corporation, Copa-Data and Eaton.

This latest Food Automation Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Food Automation from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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UGS Market Outlook 2024: Global Opportunity and Demand Analysis, 2017-2024

Unattended Ground Sensor (UGS) Market size is set to witness significant growth during the forecast period due to use of sensors for remote battlefield applications along with changing warfare nature, geopolitical issues, insurgencies across countries and rising terrorist activities.

Defense agencies across the world deploying UGS for better communication in critical military applications will drive the demand during forecast period. Prominent countries with advanced military base increasing military spending for efficient, accurate and successful military operations provides growth opportunities for UGS manufacturers. Increasing importance in military surveillance, public security and commercial applications for real time information collection and data processing will fuel the demand for unattended ground sensors market.

Advancement in sensor technology enabling faster digital signal processing with low power, small chips further increase the product demand in applications where real-time monitoring is critical. Development of passive UGS in various sizes and formats for specific applications related to security is the major outcome of long term R&D practices. Passive Infrared (PIR) sensors designed to track movements of objects in a narrow-restricted field of view are becoming popular. High growth potential of passive UGS will further boost the demand during forecast period.

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UGS enabled with motion sensors to detect human intruder and differentiate between animals & human are latest advancement in UGS technology. Rising demand for these products for homeland security will support the industry growth.

however, operational difficulties and product failure will hamper the unattended sensors market during forecast period. UGS activated by false alarms reduce the product reliability which may limit the product adoption.

Companies providing UGS posses growth opportunities owing to increasing need to detect border trespassing and growing need for enhanced situational awareness for both home land security and border security.

On the basis sensor type, unattended ground sensor market is categorized in to seismic, acoustics, infrared and magnetic sensors. Seismic sensors dominate the overall market and will continue its dominance during the study period. Its growth is attributed to latest technological advancements resulting more efficient sensors with less prone to false alarms. Demand for acoustic sensors is driven by underground and underwater operation applications. Their application in missile, weapons and vehicles will support the revenue generation.

Based on end user of the product, industry is categorized in to security and critical infrastructure. Security covers public and military security whereas critical infrastructure covers industrial & commercial facilities and other utilities. Increasing demand from army for non-weapons platform sensors will boost the revenue from security segment. Moreover, high reliability of UGS for secure communication and unknown threat detection in critical operations will drive the demand for unattended ground sensors during forecast period. Tactical UGS capable of sensing chemical hazards, radiating materials presence are majorly deployed in military operations.  Urban UGS are used as surveillance tool for operation including building clearing operation, caves corridor, stairwell, tunnel, culverts, sewers and in other confined space.

North America is expected to deliver a compelling growth with highest market share during the forecast timeframe. Increased application of sensor technology and installation of new sensors to reduce intruder’s instances and trespassing in border areas will fuel the product demand uring forecast period. High investment potential of U.S. and Canada to invest in UGS sensors, wireless sensor network and related products will support the industry growth in North America.

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Europe will witness increased demand and will acquire substantial share owing to higher usage in public surveillance & border security.

Asia Pacific unattended ground sensors market growth is attributed to increasing military spending on sensor technology. Substantial demand of the product in border security, military surveillance & public security surveillance across the region will contribute to regional growth.

Unattended ground sensor market includes OEMs such as Northrop Grumman, Textron Defense Systems, DTC, McQ, Quantum, Harris, Textron Systems, Thales, Ferranti, L-3 Communications, Seraphim Optronics, ARA, Prust Holding, Exensor Technology, Qual-Tron and Cobham.  Companies are implementing strategies for geographical expansion in developing countries and increase their market share in developed economies. Contract & agreement and new product launches are prominent strategies adopted by competitors.

This latest Unattended ground sensor Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Unattended ground sensor from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles. 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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