A fuel cell is an electrochemical reactor that converts the chemical energy and an oxidant directly to electricity. In recent years, the word fuel cell has been used almost solely to describe a reactor using hydrogen as the chief energy source. Hydrogen has a protracted history of being employed as fuel for versatility. More than 200 years ago, hydrogen was adopted in the first internal combustion engines by igniting the hydrogen itself, like burning gasoline today. Though, this did not prove to be quite successful due to safety affairs and low energy density. Preferably, hydrogen is an energy carrier in a modern fuel cell by reacting with oxygen to form electricity.
Moreover, fuel cell vehicles have become more lucrative in recent years due to higher performance, reduced refuelling time, and long-range offered by the systems. Also, the exhaust in terms of water, a deterioration in emissions dimension, and superior power and torque output play a significant role in adopting fuel cell technologies for automobiles. In addition, the rising environmental issues, such as climate change and low air quality, are due to substantial growth in the regional transportation sector. High fossil fuel consumption has generated the need for clean energy sources, thereby boosting the market's growth over the forecast period. According to Renub Research, the Global Fuel Cell Vehicle Market awaits to reach 980.00 Thousand Units by 2030. Impact of COVID-19 on Global Fuel Cell Vehicle Market: The production & sales of innovative vehicles had come to a standstill across the globe as the entire ecosystem had been obstructed in the initial outbreak of COVID 19. Fuel Cell Vehicles had to pause until lockdowns were lifted to continue blooming, which influenced their businesses. Consequently, vehicle manufacturers had to modify the production volume. Moreover, the automotive industry is highly capital-intensive and relies on frequent financing to continue operations. Thus, during the initial months of the outbreak, the production suspension and lower demand had an unprecedented impact on Fuel Cell Vehicles manufacturers and automotive fuel cell producers. For example, according to the Times of India, Honda Motor Company's sales declined by more than 15% throughout the third quarter of 2020, while operating profit plunged by around 13% overall during the whole year. Toyota Motor Corporation's sales went down by 50% in the first quarter of 2020. However, demand for Fuel Cell Vehicles recovered at a fast rate after the initial months of 2020. Hence, the sales also increased along with the demand for zero-emission vehicles during the latter months of 2020. Our research suggests that the Worldwide Hydrogen Fuel Cell Vehicle Market was 25.00 Thousand Units in 2020. The technology used for Global Fuel Cells Vehicles Globally, fuel cell vehicles are typically categorized by the technology used. Prominent technologies of fuel cells include Polymer Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Direct Methanol Fuel Cells (DMFC), Phosphoric Acid Fuel Cells (PAFC) and Molten Carbonate Fuel Cells (MCFC). Of these, PEMFC is the common commercialized type today due to its low operating temperature (50-100°C), compact start time, and its oxidant (atmospheric air) ease of use. These characteristics make PEMFC ideal for mobility solutions. They are part of the reason for the rapid development of FCEVs starting from the 1990s. As per our analysis, the Global Fuel Cell Vehicle Industry is expected to grow with a massive CAGR of 44.32% from 2020 – 2030. Regional Analysis of Fuel Cell Vehicle Industry The global fuel cell vehicle market report revolves around crucial regions, including Europe, North America, Asia Pacific, Middle East and Africa and Latin America. In North America, the United States has a massive number of hydrogen fuel stations provisioning to the market. Both US and Canada have been supporting the market for low emission vehicles. Fuel cell vehicles are in tremendous demand in some states like California in the US and British Columbia in Canada. Also, Asia-Pacific is a fast-growing market for hydrogen fuel stations. China, South Korea and Japan are currently leading the fuel cell vehicle market in Asia-Pacific. China is converging more on buses and trucks for FCEV's. In the upcoming years, nations such as China, Japan, and South Korea are expected to pivot in advancing fuel cell electric vehicle technology. Large corporations such as Toyota are trying to become the leader in fuel cell technology. As with most technologies, fuel cell technology's initial development and deployment phases heavily depend on government policies and incentives. To various extents and for multiple reasons, governments of China, the United States, European nations and Japan have encouraged the development of the fuel cell industry. The countries invest heavily in core technology research and establish subsidy policies and medium/long-term strategic plans. Policy Overview across Major Markets: In Europe Hydrogen Roadmap Europe: a transition to one-third ultra-low carbon hydrogen production by 2030 has been devised. Similarly, in Japan policy for the full-fledged manufacturing operation, transportation and storage of zero-carbon emission hydrogen by 2040 have been planned. In addition, in the United States, the California Fuel Cell Partnership has also outlined targets for 1,000,000 FCEVs by 2030. The Global Fuel Cell Market is dominated by established players such as Toyota Motor Corporation, Volkswagen, Daimler AG, Honda Motor Company, and Ford Motor Company. These companies contribute extensive products and solutions for the fuel cell vehicle industry, have strong global distribution networks, and invest heavily in R&D to develop new products. Recent Developments in Fuel Cell Car Companies: In March 2021, Toyota Corporation revealed a new hydrogen production facility and refuelling station at its decommissioned car factory in Melbourne, Australia, before its second-generation fuel-cell car, the Mirai FCEV. The facility includes a 200-kilowatt electrolyzer powered by an on-site 84-kilowatt solar array and a 100-kilowatt battery. In March 2021, Toyota Motor Corporation and Beijing SinoHytec proclaimed a joint venture to produce hydrogen fuel cell vehicles concerning the Chinese market. As per the joint statement, the two companies are foreseen to invest USD 72 million into Huafeng Fuel Cell Co. Ltd. The company's first car will be modelled after Toyota's hydrogen fuel cell vehicle MIRAI and is slated to begin production in 2023. Renub Research latest report “Global Fuel Cell Vehicle Market, Global Forecast By Technology (Polymer Exchange Membrane Fuel Cells (PEMFC), Solid Oxide Fuel Cells (SOFC), Direct Methanol Fuel Cells (DMFC), Phosphoric Acid Fuel Cells (PAFC) and Molten Carbonate Fuel Cells (MCFC), Region (North America, Europe, Asia Pacific, Middle East and Africa and Latin America), Companies (Volkswagen, Daimler AG, Toyota Motor Corporation, Honda Motor Company, and Ford Motor Company)” provides a detailed analysis of Global Fuel Cell Vehicle Industry. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=fuel-cell-vehicle-market-p.php Technology – Fuel Cell Electric Vehicle has been covered from 5 viewpoints: 1. Polymer Exchange Membrane Fuel Cells (PEMFC) 2. Solid Oxide Fuel Cells (SOFC) 3. Direct Methanol Fuel Cells (DMFC) 4. Phosphoric Acid Fuel Cells (PAFC) 5. Molten Carbonate Fuel Cells (MCFC) Region – Fuel Cell Electric Vehicle has been covered from 5 viewpoints: 1. North America 2. Europe 3. Asia Pacific 4. Middle East and Africa 5. Latin America Company Insights: • Overview • Recent Development & Strategies • Financial Insights Company Analysis 1. Volkswagen 2. Toyota Motor Corporation 3. Daimler AG 4. Ford Motor Company 5. Honda Motor Company About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research As the world is beholding rapid advancements in technology, the 5G market is no exception. In recent years, the widespread access to 5G internet has changed the way people communicate. Besides, in the future, 5G will likely provide substantial enterprise opportunities which consumers and industries have begun to recognize. Going ahead, heavy investments in 5G will facilitate connected devices and foster the surge of the Internet of Things (IoT) ecosystem. According to Renub Research, the Global 5G Technology Market is expected to reach US$ 65.49 Billion by 2026.
In addition, the driving components that are critical for the success of 5G technologies are hardware, software and services coupled with advancements in 5G technology. By Connectivity, the multiple wireless connectivity features are broadly classified into eMBB, FWA, mMTC and uRLLC. The eMBB attributes to the primary focus by 5G network operatives on remitting enhanced broadband capacities for high-speed cloud-based gaming, AR/VR, UHD video, and constant video calls. The eMBB is providing exceptionally high data speeds for consumers and industries. Besides, mMTC envisages catering to the growing need for a developed digital ecosystem. The mMTC focuses on providing high connection density applications, such as smart buildings and smart cities. The ever increasing demand to guarantee continuous connectivity for all the IoT devices deployed in a network is envisioned to contribute to the growth of the mMTC segment over the forecast period. As per this research report, the Worldwide 5G Industry is expected to grow with a massive CAGR of 58.70% from 2020-2026. By Application: The 5G technology is estimated to provide various vital benefits to numerous sectors like IT & telecom, Energy & Utility, Manufacturing, Media & Entertainment, Transportation & Logistics, Aerospace & Defence, Healthcare, Government & Public Safety and BFSI. The IT & telecom inculcates significant investments by key players in the latest technologies for communication. 5G services are awaited to deliver ubiquitous broadband access between homes and offices, encouraging remote consultation with specialists and reducing business travel. Moreover, key application, such as healthcare, is expected to see a significant enactment of the 5G services to render enhanced telemedicine and healthcare emergency services during and post-pandemic. According to our analysis, the Global 5G Technology Market Size was US$ 4.10 Billion in 2020. In the past few years, by region numerous countries like North America, Latin America, Europe, Asia Pacific, and Middle East & Africa are leading research conducted to commercialize 5G technology. The continuous developments in the network infrastructure in these countries and the growing need for faster data transfer and high-performance network equipment are some of the key factors driving the growth of the 5G markets further. Moreover, the infrastructural extension in APAC, especially in Japan, South Korea, Australia, Singapore, China, and India, and the broadening deployment of 5G networks proffer tremendous opportunities to implement the 5G services. China Telecom, China Mobile, SK Telecom, and KT Corporation are the key market players in APAC investing aggressively in rolling out the 5G network infrastructure in China, Japan, and South Korea. Due to a massive mobile subscriber base, enterprises in this region are becoming more competitive and focusing on offering better customer service. The global market is profoundly fragmented as several regional telecom service providers spend in extending the next-generation infrastructure. The investment will help companies to obtain a vast customer base in the market. In addition, these market players are strategically focusing on mergers and acquisitions to strengthen their foothold in the global market. The prime players profiled in the market are Qualcomm Technologies, Inc., Verizon Communications Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd. and Samsung Electronics Co., Ltd. COVID-19 Analysis of 5G Technology Industry The pandemic has paused the progression of the 5G foundation in numerous countries. The steps taken to restrict the spread of the disease have affected the timing of the 5G infrastructure standard finalization. For instance, the Department of Telecommunication of India has deferred its spectrum auction for the year 2021. This evolution has unfavorably affected numerous vendors and telecommunication operators present in the business. Few vendors are converging on an intrusive 5G rollout plan in the year 2021, owing to the inclinations of 5G to serve various sectors during this crisis. In the healthcare sector, a 5G intelligent robot can assist healthcare in conducting remote treatment. For instance, in China, Wuhan, several hospitals use a 5G network to accommodate real-time aid to patients in inaccessible areas. Consequently, 5G has immense potential to support during crises. However, the delay in the 5G deployment is limiting its use. The 5G market globally is expected to gain exponential growth post the pandemic. Renub Research latest report “5G Technology Market, Global Forecast by Components (Hardware, Software, Services), Connectivity (eMBB, FWA, mMTC, uRLLC), Application (IT & Telecom, Energy & Utility, Manufacturing, Media & Entertainment, Transportation & Logistics, Aerospace & Defense, Healthcare, Government & Public Safety, BFSI, Others), End-User (Enterprises, Consumers), Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa), Connection by Region (North America, Western Europe, Asia-Pacific Developed, China, Rest of the World) Company Analysis (Qualcomm Technologies, Inc., Verizon Communications Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd.)” provides complete details on Global 5G Industry. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=5g-technology-market-p.php Components - 5G market has been covered from 3 viewpoints: 1. Hardware 2. Software 3. Services Connectivity - 5G market has been covered from 4 viewpoints: 1. eMBB 2. FWA 3. mMTC 4. uRLLC Application - 5G market has been covered from 10 viewpoints: 1. IT & Telecom 2. Energy & Utility 3. Manufacturing 4. Media & Entertainment 5. Transportation & Logistics 6. Aerospace & Defense 7. Healthcare 8. Government & Public Safety 9. BFSI 10. Others End-User - 5G market has been covered from 2 viewpoints: 1. Enterprises 2. Consumers Region - 5G market has been covered from 5 viewpoints: 1. North America 2. Latin America 3. Europe 4. Asia Pacific 5. Middle East & Africa Connection by Region - 5G Numbers has been covered from 5 viewpoints: 1. North America 2. Western Europe 3. Asia-Pacific Developed 4. China 5. Rest of the World (Undeveloped Asia-Pacific, MEA) Company Insights: 1. Overview 2. Recent Development 3. Financial Insight Companies Covered: 1. Qualcomm Technologies, Inc. 2. Verizon Communications Inc. 3. Telefonaktiebolaget LM Ericsson. 4. Huawei Technologies Co., Ltd. 5. Samsung Electronics Co., Ltd. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Today, artificial intelligence platform has become a way for computer systems to perform tasks like human intelligence including decision-making and speech recognition. Globally, problem-solving, social intelligence and general intelligence is being achieved with the help of the artificial intelligence platform. Moreover, rising high-level computer languages is helping various industries to work efficiently on the artificial intelligence platform. According to the Renub Research, Global Artificial Intelligence Market will be US$ 284.40 Billion by 2026.
By Solution Artificial Intelligence Market revolves around hardware, software and services. In recent years, artificial intelligence services are at the forefront of all innovations and will continue to remain so during the forecast years. Artificial intelligence services cover installation, integration, maintenance & support projects. With the escalating abundance of enterprises and competition, companies have rigorously integrated artificial intelligence (AI) technology into their services. For instance, the BFSI industry has increasingly adopted artificial intelligence services to enhance operational efficiency and enable a rich consumer experience. Besides, software solutions promise advancements in information storage capacity, high computing power, and parallel processing capabilities to achieve high-end artificial intelligence software in dynamic end-use verticals. Notwithstanding, artificial intelligence software solutions include libraries for designing and deploying artificial intelligence applications, such as linear algebra, primitives, inference, video analytics, sparse matrices, and multiple hardware communication capabilities. As per our analysis, Global Artificial Intelligence Industry is anticipated to expand at a tremendous CAGR of 29.44% during the forecast period 2020-2026. By Chip Type Artificial intelligence includes chipsets such as Graphics Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Field-Programmable Gate Array (FPGA) and Central Processing Unit (CPU). An application-specific integrated circuit (ASIC) dominates the artificial intelligence chip segment, specially built for a specific application or purpose. It is specifically designed for a particular application compared to a logic device or a standard logic integrated circuit. It has also been made smaller, and it uses less electricity. The artificial intelligence market inculcates machine learning, natural language processing, image processing, and speech recognition by technology. Machine learning covers notable investments in artificial intelligence. It covers both artificial intelligence platforms and cognitive applications, including tagging, clustering, categorization, hypothesis generation, alerting, filtering, navigation, visualization, facilitating advisory, intelligent, and cognitively equipped solutions. As per our estimation, Worldwide Artificial Intelligence Market Size was US$ 60.46 Billion in 2020. Geographic Analysis of Artificial Intelligence Trends The worldwide artificial intelligence market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. North America is a significant contributor owing to rising government initiatives and investments in the market. Further, in the Asia Pacific, China demonstrates increasing investments in artificial intelligence technology to provide robust results. Likewise, India can gain traction due to the government's pilot project to implement artificial intelligence in the agriculture and healthcare industries. The rest of Asia Pacific countries like Bangladesh, Vietnam, and Indonesia are also expected to grow at a good pace. Company Analysis Globally, artificial intelligence vendors have implemented various types of organic and inorganic growth strategies, such as new product launches, product upgrades, alliances and affiliations, mergers and acquisitions to strengthen their offerings in the market. The major companies in the global Artificial Intelligence market include Google Inc., IBM Corp., Microsoft Corporation, Baidu Inc., Xilinx, Inc., Cisco Systems, Inc., Nvidia Corporation and Intel Corporation. COVID-19 Analysis Although the novel coronavirus outbreak pandemic has caused a massive impact on businesses and humankind. Still, the pandemic has emerged as an opportunity for Artificial Intelligence Market to fight against the epidemic. Numerous tech giants and start-ups are operating on barring mitigating and containing the virus. Furthermore, the COVID-19 outbreak is foreseen to spur the market germination of next-generation tech domains, including artificial intelligence, owing to the mandated work-from-home (WFH) policy due to this pandemic. Also, tech companies are extending their product offerings and assistance to broaden availability across the globe. For instance, in April 2020, Google LLC launched an AI-enabled chatbot called Rapid Response Virtual Agent concerning call centres. This chatbot is created to respond to concerns customers might be experiencing due to the COVID-19 outbreak over voice, chat, and other social channels. Renub Research latest report “Artificial Intelligence Market, Global Forecast By Solution (Hardware, Software and Services), Technology (Machine Learning, Image Processing, Natural Language Processing and Speech Recognition), Chip Type (Graphics Processing Unit (GPU), Application Specific Integrated Circuit (ASIC), Field-Programmable Gate Array (FPGA), Central Processing Unit (CPU), Others), Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Companies (Google Inc., IBM Corp., Microsoft Corporation, Baidu Inc., Xilinx, Inc., Cisco Systems, Inc., Nvidia Corporation and Intel Corporation)” provides a detailed analysis of Global Artificial Intelligence Industry. Request a Free Sample Copy of the Report:https://www.renub.com/request-sample-page.php?gturl=artificial-intelligence-market-p.php Solution – Global Artificial Intelligence Market has been covered from 3 viewpoints: 1. Hardware 2. Software 3. Services Technology – Global Artificial Intelligence Market has been covered from 4 viewpoints: 1. Machine Learning 2. Natural Language Processing 3. Image Processing 4. Speech Recognition Chip Type – Global Artificial Intelligence Market has been covered from 5 viewpoints: 1. Graphics Processing Unit (GPU) 2. Application-Specific Integrated Circuit (ASIC) 3. Field-Programmable Gate Array (FPGA) 4. Central Processing Unit (CPU) 5. Others Region – Global Artificial Intelligence Market has been covered from 5 viewpoints: 1. North America 2. Europe 3. Asia-Pacific 4. Latin America 5. Middle East and Africa Company Insights: • Overview • Recent Development & Strategies • Financial Insight Company Analysis 1. Google Inc. 2. IBM Corp. 3. Microsoft Corporation 4. Baidu Inc. 5. Xilinx, Inc. 6. Cisco Systems, Inc. 7. Nvidia Corporation 8. Intel Corporation About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research The automotive industry is an essential economic criterion, is on the verge of new technologies and innovations. Moreover, customers' unique and costly features demand is leading the automotive industry in the modern era. Globally the automobile industry is supported by various factors such as the availability of skilled labour at low cost, robust R&D centres, and low-cost steel production. According to Renub Research, Global Automotive Market is expected to reach 122.83 Million Units by 2030.
Globally, today consumers use all-purpose vehicles, whether they are commuting alone to work or taking the whole family to the beach. The industry's principal categories include EV, HEV, PHEV, MHEV, NGV, FCEV, Diesel and Petrol. The MHEVs represent a technological leap in the automotive market—vehicles solely based on a combustion engine. From today's viewpoint, combustion engine-based powertrains will remain dominant, at least for the coming decade. Furthermore, MHEVs are also bringing higher efficiency and lower running costs to combustion engines and could therefore provide promising opportunities for OEMs, suppliers, and customers until electric powertrains become ubiquitous. Also, consumers' new habit of using tailored solutions for each purpose will lead to specialized vehicles designed for particular necessities. For instance, the market for a car mainly built for e-hailing services—that is, a car designed for high utilization, robustness, additional mileage, and passenger comfort—would already be millions of units today, and this is just the beginning. As per this research report, Global Automotive Industry is expected to grow with a CAGR of 3.71% from 2020-2030. Our report has covered the regional analysis for the Americas, Asia Pacific & Oceania, Europe and Middle East & Africa. The Asia Pacific is the largest market due to the growing demand for passenger cars and fuel-efficient vehicles. The developments in engine technology are progressing significantly, accompanying the rising emission standards across the globe. These factors are notable patrons to the incremental growth of the automotive market in the region. Moreover, the rising adoption of MHEVs in the Asia Pacific is expected to drive automotive production. In Asia Pacific countries, winning government incentives to simplify electro mobility and increased investments by automakers are expected to drive the market. For instance, some of the recent initiatives taken by the Government of India are: In Union Budget 2021-22, the government introduced the voluntary vehicle scrappage policy, expected to advance the market for new vehicles after lifting old unfit vehicles currently plying on the Indian roads. In February 2021, the Delhi government started setting up 100 vehicle battery charging spots across the state to expedite the adoption of electric vehicles. The global automotive market is dominated by major players such as Volkswagen, Toyota Motor Corporation, Daimler AG, Ford Motor Company and Honda Motor Company. These companies offer an extensive variety of automotive, fulfilling all significant functions in a vehicle. The key strategies adopted by these companies to sustain their market position are new product developments, acquisitions, and partnerships & expansions. As per this research report, Worldwide Automotive Market was valued at 85.32 Million Units in 2020. Coronavirus devastating effect on Global Automotive Market: The coronavirus (Covid-19) pandemic has induced a decade of expansion in the global automotive industry to an abrupt standstill, with sales plummeting in most markets. As a result, there have been more job cuts beyond the sector, with plants and suppliers shutting down in countries where the markets are slowest to recover. After a disastrous 2020 for the global automotive sector, an upturn is expected in 2021, but carmakers worldwide will demand to seek out growth pockets while pushing through extensive cost-cutting programmes. The rivalry among the US and China will continue in 2021. Sanctions and investment restrictions may even force third-party countries to choose between the two rivals. Renub Research latest report titled “Automotive Market, Global Forecast By Americas (EV Volume, HEV Volume, PHEV Volume, MHEV Volume, NGV Volume, FCEV Volume, Diesel Volume and Petrol Volume), Asia Pacific & Oceania (EV Volume, HEV Volume, PHEV Volume, MHEV Volume, NGV Volume, FCEV Volume, Diesel Volume and Petrol Volume), Europe (EV Volume, HEV Volume, PHEV Volume, MHEV Volume, NGV Volume, FCEV Volume, Diesel Volume and Petrol Volume), Middle East & Africa (EV Volume, HEV Volume, PHEV Volume, MHEV Volume, NGV Volume, FCEV Volume, Diesel Volume and Petrol Volume), Company (Volkswagen, Toyota Motor Corporation, Daimler AG, Ford Motor Company and Honda Motor Company)" provides a detailed analysis of Global Automotive Market. Request a Free Sample Copy of the Report:https://www.renub.com/request-sample-page.php?gturl=global-automotive-market-p.php Global Automotive Market has been covered from 4 viewpoints: 1. Americas 2. Asia Pacific & Oceania 3. Europe 4. Middle East & Africa Americas – Global Automotive Volume has been covered from 8 viewpoints: 1. Electric Vehicle 2. Hybrid Electric Vehicle 3. Plug-in Hybrid Electric Vehicle 4. Mild Hybrid Vehicle 5. Natural Gas Vehicle 6. Fuel Cell Electric Vehicle 7. Diesel Vehicle 8. Petrol Vehicle Asia Pacific & Oceania – Global Automotive Volume has been covered from 8 viewpoints: 1. Electric Vehicle 2. Hybrid Electric Vehicle 3. Plug-in Hybrid Electric Vehicle 4. Mild Hybrid Vehicle 5. Natural Gas Vehicle 6. Fuel Cell Electric Vehicle 7. Diesel Vehicle 8. Petrol Vehicle Europe – Global Automotive Volume has been covered from 8 viewpoints: 1. Electric Vehicle 2. Hybrid Electric Vehicle 3. Plug-in Hybrid Electric Vehicle 4. Mild Hybrid Vehicle 5. Natural Gas Vehicle 6. Fuel Cell Electric Vehicle 7. Diesel Vehicle 8. Petrol Vehicle Middle East & Africa – Global Automotive Volume has been covered from 8 viewpoints: 1. Electric Vehicle 2. Hybrid Electric Vehicle 3. Plug-in Hybrid Electric Vehicle 4. Mild Hybrid Vehicle 5. Natural Gas Vehicle 6. Fuel Cell Electric Vehicle 7. Diesel Vehicle 8. Petrol Vehicle Company Insights: • Overview • Recent Development & Strategies • Financial Insights Company Analysis: 1. Volkswagen 2. Toyota Motor Corporation 3. Daimler AG 4. Ford Motor Company 5. Honda Motor Company About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Worldwide, the rapid growth of digital technology in the past few years has expanded the point of sale terminal from just a sales portal into comprehensive payment processing systems that became an integrated part of the entire business operations. A POS terminal is computer software and hardware that manages the transaction by selling a product or a service. It helps to capture, share, store and report data related to the selling transaction. It eases the shopping experience and serves to expedite the checkout process, resulting in customer satisfaction.
Moreover, the rising financial frauds worldwide have demanded POS terminals. The government’s adoption has supported the vision of bringing a cashless economy worldwide, owing to the hassle-free payment option, online payment without cash and reduced waiting time in queue. With the changing technologies in credit debit cards, contactless payment became famous for making a quick purchase without entering a PIN; POS has witnessed increased adoption rates. According to Renub Research, Point of Sale Terminal Market will reach US$ 109.27 Billion by 2027. Based on Applications POS terminal segmented into fixed and mobile. Fixed systems hold the largest market share; large-scale vendors prefer it mainly due to high procurement and installation costs. With the rising mobility trends across the world, mobile Point of Sale Terminal systems is gaining traction. These terminals allow ease of payments during avoiding loss of sales due to delays, busy hours and helps in improving customer satisfaction. As per this report, the Point of Sale Terminal Industry will grow with a CAGR of 10.15% from 2020 to 2027. Further, Point of Sale Terminal systems facilitates transactions from businesses' central component to manage the inventories and payments in large end-user industries. Such as restaurants, healthcare, retail, hospitality, warehouse, distribution, and entertainment. POS systems are ubiquitous in the retail business world for their considerable benefits. A Point of Sale Terminal system in-store is essential as contactless payments have become popular among consumers who favour touch-free card payments. The Healthcare sector is owing to the growing need for managing patient information, smooth payment process, and tracking employee statistics. Regional Analysis of POS Industry North America has witnessed notable growth in the Point of Sale Terminal industry. With cloud-based apps on the rise and to replace machine resident programs with proven hybrid multifunction configurable POS systems, like POS-n-go, has met the business needs in U.S. retail brand outlets, such as Wal-Mart, Costco Wholesale Corporation etc. Besides, a surge in digital payment technologies in the Asia Pacific has created a pool of opportunities for POS in countries such as China, Japan, and India. As per this report, Point of Sale Terminal Market Size was US$ 55.53 Billion in 2020. COVID-19 Impact on the point of Sale Terminal Industry The novel coronavirus outbreak has adversely impacted global manufacturing, demand, supply chain activities. This pandemic has completely disrupted the Industries like Hospitality, Tourism, Restaurants, and Entertainment POS market. Whereas Healthcare, Retail, Warehouse segment POS market has shown growth. However, overall, 2020 was not a very pleasing year for POS Industry. But the future seems to be very promising, with double-digit CAGR growth from 2020 to 2027. POS Companies Performance The POS terminals market is highly fragmented with a high number of players such as NCR Corporation, Ingenico Group (acquired by Worldline), Fujian Newland Payment Technology Co. Ltd., Diebold Nixdorf, Inc., and PAX Technology, Inc. For Instance - In 2020, Ingenico combined Apple Pay Support for loyalty programs to encourage consumer engagement with merchants. Renub Research latest report “Point of Sale Terminal Market By Application (Fixed and Mobile), Component (Hardware, Services, Software), End-User (Restaurants, Healthcare, Retail, Hospitality, Warehouse and Distribution and Entertainment and Others), Region ( North America, Asia Pacific, Europe, Latin America, Middle East & Africa), Company (NCR Corporation, Ingenico Group (acquired by Worldline), Fujian Newland Payment Technology Co. Ltd., Diebold Nixdorf, Inc., and PAX Technology, Inc.)" provides a detailed analysis of Point of Sale Terminal Industry Request a Free Sample Copy of the Report:https://www.renub.com/request-sample-page.php?gturl=point-of-sale-terminal-market-p.php Application – Point of Sale Terminal Market has been covered from 2 viewpoints: 1. Fixed 2. Mobile Component – Point of Sale Terminal Market has been covered from 3 viewpoints: 1. Hardware 2. Services 3. Software End-User – Point of Sale Terminal Market has been covered from 7 viewpoints: 1. Restaurants 2. Hospitality 3. Healthcare 4. Retail 5. Warehouse/Distribution 6. Entertainment 7. Others Region – Point of Sale Terminal Market has been covered from 5 viewpoints: 1. North America 2. Europe 3. Asia Pacific 4. Latin America 5. Middle East & Africa Company Insights: • Overview • Company Initiatives • Sales Analysis Companies Covered: 1. NCR Corporation 2. Ingenico Group (acquired by Worldline) 3. Fujian Newland Payment Technology Co. Ltd. 4. Diebold Nixdorf, Inc. 5. PAX Technology, Inc. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Asia-Pacific economies are surging fast, boosting growth in the demand for many automobiles sector. China is by far the most significant automotive paint market in the Asia-Pacific region, followed by India, and Japan. Automotive paint is a water-based mixture that is sprayed on the surface of automobiles with the help of spray guns. Vehicle coatings that are creative and environmentally friendly are in high demand in the Asia automotive industry. As a result, a shift in consumer preference toward eco-friendly paints over traditional paints is crucial in market expansion. In the market, most eco-friendly paints are water-borne, whereas traditional paints are solvent-borne. The market share of water-borne systems has grown rapidly, owing to their favourable properties, such as mild odour, increased availability, and fast-drying. Furthermore, Powder coating and High-Solid are also receiving widespread attention in industrial research. According to Renub Research, the Asia-Pacific Automotive Paint Market will reach US$ 7.37 Billion by 2027.
The paints are made up of polyurethane-based enamel, which preserves the car's surface from environmental harm while also improving its appearance. Low volatile organic compounds are found in automotive paints (VOCs). In the Asia Pacific, automotive paints are in high demand in the automobile industry due to the reduced exposure to pollutants. In Asia- Pacific, demand for automobiles has fueled the rise of the automotive paints industry. The Asia-Pacific Automotive Paint Market will grow with a CAGR of 5.67 % during 2021-2027. Automotive paints are generally used to finish a wide range of automobiles for personal, commercial, and industrial use in the Asia-Pacific’s region. Applying paint to a car consists typically of three processes: the primer, the basecoat, and the clear coat. Basecoat is most widely applied as the primary color coat to the surface. In this report, the Asia Pacific automotive paint market is segmented by vehicle type comprised of passenger cars, light commercial vehicles and heavy commercial vehicles. The passenger cars market has witnessed a rise in its revenue among all types due to surging vehicle production, rising disposable income, and purchasing power of consumers. Asia Pacific automotive paint market is one market, but it is an amalgamation of several markets. China is the most significant part of the Asian market, comprising lion’s market share. China is the world's largest manufacturer of automobiles. However, in 2018, the country's car production fell to 27.8 Million automobiles; due to economic developments and China's trade conflict with the US impact the car industry's performance. Other than China India and Japan are largest markets. The factors which are surging Asia Pacific automotive paint market are the presence of both developed and developing economies. As per our study the Asia-Pacific Automotive Paint Market Size was US$ 5.01 Billion in 2020. Consumers are adopting advanced coatings to achieve better protection from extreme heat, acid rains, and UV radiation, which are supposed to further expand market. On the flip side, the market is facing various challenges like increased environmental concerns and regulations in India. A slowdown in vehicle production is anticipated to influence the market negatively. COVID-19 Impact on Automotive Paint Industry of Asia COVID-19 has harmed the Asia Pacific automotive paint market. As a result of the epidemic, numerous countries in the region went into lockdown, halting all production and building activity, negatively impacting demand in the paints and coatings sector. However, it is projected that the situation would improve in 2021, resuming the market's growth trajectory. Renub Research report titled “Asia-Pacific Automotive Paint Market” is segmented on the basis of Product type (Primer, Base coat, Electro coat, And Clear coat) Technology type (Water-borne, Solvent-borne, Powder coatings, UV curing, and High solid), Application type (Light, Passenger, Heavy commercial), and countries (India, China, Japan, South Korea, Asian Countries, Australia & New Zealand, and Others)” provides a complete analysis of Asia-Pacific Automotive Paint Industry. Request a Free Sample Copy of the https://www.renub.com/request-sample-page.php?gturl=asia-pacific-automotive-paint-market-p.php Products Type –Market has been covered from 4 view points 1. Primer 2. Electrocoat 3. Basecoat 4. Clearcoat Technology - Market has been covered from 5 view points 1. Water- borne 2. Solvent-borne 3. Powder coating 4. UV curved 5. High-Solid By Application - Market has been covered from 3 view points 1. Light Commercial Vehicle 2. Passenger Car 3. Heavy Commercial Vehicle Asia pacific automotive paint industry By Region - Market has been covered from 7 view points 1. China 2. Japan 3. India 4. South Korea 5. Asean Countries 6. Australia & New Zealand 7. Rest of Asia All companies have been covered from 2 view points • Overview • Initiatives Company Covered in this Report 1. Akzonobel N.V 2. Arkema Group (Bostik Sa) 3. Axalta Coatings Systems 4. BASF SE 5. Berger Paints India Ltd About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Over a decade, video surveillance systems have been a thriving part of security industry. In the last few years, the Internet of Things (IoT) devices have further expanded the video surveillance industry's popularity. Video surveillance systems such as Analog, IP, and Hybrid support security personnel in monitoring and tracking activities. It incorporates one or more video cameras on a network that sends the captured video or audio information to a particular place. The captured images are live controlled or transmitted to a central location for recording and storage. The Global Video Surveillance Market is expected to reach US$ 112.23 Billion by 2027.
The video surveillance systems are found everywhere; they are used in smart cities for many urban services, including hospitals, transportation and traffic, water supply, power plants, waste management, and law enforcement. Overall the smart infrastructure demands video surveillance systems. According to Statista, the revenue from smart city infrastructure will grow to US$ 100 Billion in 2025. As a result, the rise in the number of smart city infrastructure is anticipated to propel the growth of the video surveillance industry. Based on components, the video surveillance market is segmented into Services, Hardware and Software. The hardware category holds the largest market share; it includes recorders, cameras, and storage devices. Despite the high cost, there is a thriving demand for advanced hardware with embedded video analytics solutions and deep-learning applications. As per our research findings, the Global Video Surveillance Industry will grow with a CAGR of 12.92% by 2020-2027. Globally, there is a massive demand for video surveillance in end-user verticals such as Commercial, Military & Defense, Residential, Industrial, Public facilities and others. In the public sector, analogue security cameras are installed at several places, such as healthcare buildings, educational buildings, government buildings, religious buildings, and transportation infrastructure (roads and traffic junctions). The use of analogue security cameras for video surveillance systems improves situational awareness, prevents untoward incidents, and simplifies response to emergencies. Moreover, the government sector has increased the adoption of advanced surveillance, and manufacturers have realized the need for optimum IP surveillance systems. New high definition (HD) and megapixel IP cameras are used in small businesses. It captures images in great detail, enabling the small business owner to protect people and assets effectively. Worldwide, North America is the largest regional video surveillance market due to several industry participants. In the United States, after the 9/11 terror attacks, there has been a significant rise in the demand for adequate security and surveillance system. The Asia Pacific is anticipated to gain market share over the forecast period, mainly due to the growing installation of surveillance devices in China and India and increased infrastructure spending in the region. The Worldwide Video Surveillance Market Size was US$ 47.93 Billion in 2020. COVID-19 pandemic has subsequently affected the financial conditions of the companies operating in the video surveillance industry. As there was lockdown in many countries and even after opening there was the frequent closer of the economy. In the year 2020, most of the month’s economy has operated in a partial manner. All these factors have affected the video surveillance industry. However, we believe the worst is over, and in the coming future, the video surveillance market will grow with a double-digit CAGR. Key market players include Honeywell, Bosch's, Schneider Electric, FLIR Systems, and Dahua Technology. Bosch released the new Essential Video Analytics enabled FLEXIDOME IP 3000i Series in 2021. Renub Research latest report “Video Surveillance Market, Global Forecast by Component (Hardware, Software and Services), System Type (Analog, IP, and Hybrid), Enterprise Size (Small, Medium, large), End-Use Verticals (Public facilities, Commercial, Military & Defense, Residential, Industrial and others), Region (North America, South America, Europe, Asia Pacific, Middle East & Africa), Company (Honeywell, Bosch's, Schneider Electric, FLIR Systems, and Dahua Technology)" Provides a detailed analysis of Global Video Surveillance Market. Request a Free Sample Copy of the https://www.renub.com/request-sample-page.php?gturl=video-surveillance-market-p.php Component – Market has been covered from 3 viewpoints: 1. Hardware 2. Software 3. Services System Type – Market has been covered from 3 viewpoints: 1. Analog 2. IP -Surveillance 3. Hybrid Enterprise Size – Market has been covered from 3 viewpoints: 1. Small 2. Medium 3. Large End-Use Verticals - Market has been covered from 6 viewpoints: 1. Public Facility 2. Commercial 3. Military & Defense 4. Residential 5. Industrial 6. Others global video surveillance market Region - Market has been covered from 5 viewpoints: 1. North America 2. South America 3. Europe 4. Asia Pacific 5. Middle East & Africa Company Insights: • Overview • Company Initiatives • Sales Analysis Companies Covered: 1. Honeywell 2. Bosch's 3. Schneider Electric 4. FLIR Systems 5. Dahua Technology About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research In the modern era, with the advancement in technology and the growing popularity of workforce management solutions becomes an increasingly more important tool for business processes to centralize resource usage data and better plan future utilization. Workforce Management (WFM) software offers a set of integrated approaches that enable organizations to optimize their employees' productivity. By effectively forecasting labor requirements and creating & managing staff schedules to accomplish a specific task on a day-to-day and hour-to-hour basis. Further, the increasing popularity of cloud-based solutions and the Growing Trend of AI and Machine Learning are major driving factors for the expanding penetration of smart and connected devices and the growing focus on workforce optimization, thus driving WFM software market growth. According to Renub Research, The Workforce Management Software Market will reach US$ 10.64 Billion by 2027.
Based on Deployment Type The Workforce Management software market includes On-Premise, Cloud and Hybrid. Cloud holds the largest market share. Cloud-based solutions are automated and can provide self-service, which reduces the load of labor-intensive tasks. In addition, the on-premise software market remains important as medium-sized and large enterprises maintain workforce management and existing back-office software until contracts run out and they have an entire digital transformation strategy. Besides, rapid adoption of workforce management in the Education, Healthcare, Retail, IT & Telecom, BFSI, Manufacturing and Government industries to reduce process times, increase customer satisfaction, and offer a high return on investment are factors supporting high growth. Key vendors also focus on strengthening their channel partner ecosystems to improve indirect sales for enhanced business growth. As per this report, Workforce Management Software Industry will grow with a CAGR of 7.82% during 2020 - 2027. Regional Analysis Workforce Management Software Industry North America is the leading region in adopting workforce management solutions and services by enabling effective work schedules, business processes, labor costs, and talent management. In the US, Workforce Management software is becoming increasingly important for organizations to keep their workforce motivated and organized to ensure optimal productivity, which is vital while keeping abreast of changing times. ADP INC, Huntington Business Systems, Kronos Incorporated, Nice Systems Ltd, and Oracle. Moreover, Europe is witnessing significant investment in the deployment of workforce scheduling software, especially in the healthcare, Manufacturing, Travel & Transport, and Retail sector. The increasing deployment of cloud solutions primarily drives workforce management adoption in Germany. Increasing automation across Germany's manufacturing sector is significantly demanding for workforce management solutions. The Workforce Management Software Market Size was US$ 6.28 Billion in 2020. Impact of COVID-19 on Workforce Management Software Industry COVID 19 pandemic has positively impacted the WFM software market, fostering digitization and automation across the manufacturing sectors globally. The lockdown and physical distancing mandates required to control the COVID 19 spread forced many organizations to let their employees work from home. WFH or remote work location mandates show how important it is to have an online system to manage employees in real-time and accurate information. workforce management software industry Key Players of WFM Software Market Market players such as ADP INC, Huntington Business Systems, Kronos Incorporated, Nice Systems Ltd, and Oracle collaborate with key players, product innovation, acquisitions partnerships, and strengthening regional and global distribution networks. In 2021, NICE Introduces NTR-X, Next Generation Cloud-Based Compliance Solution for Omnichannel Trade Recording Management. Renub Research latest report “Workforce Management Software Market, Global Forecast by Organization Size (Large, Small & Medium) by Application (Education, Healthcare, Retail & Ecommerce, IT & telecom, BFSI, Manufacturing and Government) by Deployment Type (On-Premise, Cloud and Hybrid) by Component (Software, service) by Region ( North America, Europe, Asia pacific, MEA, Latin America) by Companies (ADP INC, Huntington Business Systems, Kronos Incorporated, Nice Systems Ltd, and Oracle)” Provides a detailed analysis of Workforce Management Software Market. Request a Free Sample Copy of the Report https://www.renub.com/request-sample-page.php?gturl=workforce-management-software-market-p.php Organization Size–Workforce Management Software Market 1. Large 2. Small & Medium Application - Workforce Management Software Market Security Services 1. BFSI 2. Manufacturing 3. Healthcare 4. Government 5. Retail & Ecommerce 6. IT & Telecom 7. Education 8. Others Deployment Type – Workforce Management Software Market 1. On-Premise 2. Cloud 3. Hybrid Component- Workforce Management Software Market 1. Software 2. Services workforce management software market size Region - Workforce Management Software Market 1. North America 2. Europe 3. Asia Pacific (APAC) 4. Middle East & Africa (MEA) 5. Latin America Company Insights: • Overview • Company Initiatives • Sales Analysis Companies Covered: 1. ADP INC 2. Huntington Business Systems 3. Kronos Incorporated 4. Nice Systems Ltd 5. Oracle About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Next-generation sequencing refers to the deep, high-throughput, in-parallel DNA sequencing technologies developed a couple of decades after the Sanger DNA sequencing method first emerged in 1977. It is a massively parallel sequencing technology that offers scalability, ultra-high throughput, and high speed to determine the order of nucleotides in the entire genome. DNA pre-sequencing is one of the most significant steps in the overall sequencing protocol as it involves the preparation of the sample for the subsequent sequencing reaction. Further, the expansion of the worldwide next-generation sequencing market is majorly driven by a rise in genome mapping programs, a rise in applications of next-generation sequencing; an increase in healthcare expenditure; and technological advancements in sequencing platforms. According to Renub Research, The Next Generation Sequencing Market will reach US$ 34.8 Billion by 2027.
Impact of COVID-19 Pandemic The potential advantage of NGS diagnostic technology was to determining the genetic sequence of a virus and helping scientists understand the change of the virus. Throughout the COVID-19 pandemic, government authorities worldwide are constantly working with the private sector to bring NGS technology the potential diagnostic tool within the market. In 2020, the (US FDA) United States Food and Drug Administration issued an emergency use authorized (EUA) to Illumina Inc. for the first COVID-19 diagnostic test adopting NGS technology. The FDA approved the Illumina COVID Seq Test for the qualitative detection of SARS-CoV-2 RNA. Based on Type Next Generation Sequencing Market includes Targeted Re-sequencing (TPS/WES), RNA-Sequencing, Whole Genome Sequencing, Chip-Sequencing, De Novo Sequencing, and Methyl-Sequencing. Targeted Re-sequencing holds the largest market share; the technology allows economic options for WGS (World Geodetic System) and facilitates the in-depth study of genomic regions. RNA-based targeted sequencing is expected to witness lucrative growth in the coming years due to the growing demand for differential expression analysis. As per this report, the Next-generation Sequencing Industry will grow with a CAGR of 22.94% during 2020 - 2027. Moreover, in recent years, NGS has been considered the most potent tool in diagnostics and research to understand the treatment regimen for various diseases, including cancer, infectious diseases and cardiovascular diseases. In cancer diagnostics, due to the widespread adoption of liquid biopsies, there has been a significant increase in the utilization of NGS technologies. These technologies utilize cell-free circulating tumour DNA (ctDNA) as a non-invasive cancer biomarker for real-time cancer monitoring and detection. NGS is steadily being integrated into user verticals like Academic and Research Institutes, Biopharmaceutical Industry, Diagnostics Industry, Governments Agencies, Hospitals and Clinics. The academic and Biopharmaceutical Industry dominates the NGS industry. Academic created the most significant revenue to the high usage of the next-generation sequencing platforms for basic research programs within universities and institutes. As per this study, Next-generation sequencing Market Size was US$ 8.2 Billion in 2020. In addition, Next-generation sequencing informatics Services are used in clinical applications of NGS, technological advancements in NGS informatics tools, growing preference toward personalized medicines and early disease diagnosis, and the increasing demand for NGS services and investments by key companies. next generation sequencing industry The key players include Illumina, Thermo Fisher Scientific, Pacific Biosciences, Oxford Nanopore Technologies, and Roche. They were operating in the global next-generation sequencing market. In 2020, Illumina Inc. acquired GRAIL, a healthcare company focused on multi-cancer early detection, for cash and stock consideration of US$ 8 Billion upon closing of the transaction. Renub Research latest report “Next-generation sequencing Market by Types of Test (Targeted Re-sequencing (TPS/WES), RNA-Sequencing, Whole Genome Sequencing, ChIP-Sequencing, De Novo Sequencing, and Methyl-Sequencing) by Disease (Reproductive Health NGS test , NGS Test Market (Rare Disease Diagnostics), Cancer (Risk Prediction, therapy Selection & Respose), Metabolic Immune (Diagnostic), Cardiovascular NGS Test Market, Others NGS Test Market) by Informatics (NGS Informatics Services, Primary and Secondary Data Analysis Tools, Computing, Storage, Biological Interpretation and Reporting Tools, LIMS (Laboratory Information Management System) by End User (Academic and Research Institutes, Biopharmaceutical Industry, Diagnostics Industry, Governments Agencies, Hospitals and Clinics)" provides a detailed analysis of Next-generation sequencing Industry. Request a Free Sample Copy of the Report https://www.renub.com/request-sample-page.php?gturl=next-generation-sequencing-market-p.php Types of Test - Next Generation Sequencing Market have been covered from 6 viewpoints: 1. Targeted Re-sequencing (TPS/WES) 2. RNA-Sequencing 3. Whole Genome Sequencing 4. ChIP-Sequencing 5. De Novo Sequencing 6. Methyl-Sequencing Disease – Global Next Generation Sequencing Test Market have been covered from 6 viewpoints: 1. Reproductive Health NGS test 2. NGS Test Market (Rare Disease Diagnostics) 3. Cancer (Risk Prediction, therapy Selection & Response) 4. Metabolic Immune (Diagnostic) 5. Cardiovascular NGS Test Market 6. Others NGS Test Market Informatics – Global Next Generation Sequencing Market have been covered from 6 viewpoints: 1. NGS Informatics Services 2. Primary and Secondary Data Analysis Tools 3. Storage 4. Computing 5. Biological Interpretation and Reporting Tools 6. LIMS (Laboratory Information Management System) next generation sequencing market size End User - Global Next Generation Sequencing Market have been covered from 5 viewpoints: 1. Academic and Research Institutes 2. Biopharmaceutical Industry 3. Diagnostics Industry 4. Governments Agencies 5. Hospitals and Clinics Company Insights: • Overview • Recent Development Companies Covered: 1. Illumina 2. Thermo Fisher Scientific 3. Pacific Biosciences 4. Oxford Nanopore Technologies 5. Roche About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research Europe is making cybersecurity a “high priority” and financing equipment & infrastructure. As the demand for robust Banking, Financial Services, and Insurance (BFSI) and Defence security grows, the market for cybersecurity will explore and the number of available solutions. In 2019, according to Eurostat, the expanding penetration of mobile internet user’s uptake of 92% of young people in European region and adoption of cloud-based services, and Advanced Persistent Threats (APTs) presented a comprehensive opportunity for cyber vendors in the European cybersecurity market size. As the internet is cheaper, faster, and more widely available than ever before, the connected device, PCs, and wearables cybersecurity continue to grow with data breaches, malware, and phishing. The Europe Cybersecurity Market is estimated to reach US$ 22.67 Billion by 2027.
europe cyber security market Cyber security is continuing to be an integral part of every single organization across Europe. As per our report, we have studied complete insights of IT &Telecom, Retails, BFSI, Healthcare, Defence/Government, Automotive, and others. Financial and banking service sectors are the primary targets of increasing cyber-attacks. Hackers have begun using malware, such as Danabot, Odinaff, and Backswap, Camubot, to target banks that rely on the SWIFT network to send money-moving messages. The growing government regulations on data privacy, increasing cyber intimidations, and a swelling number of data centres are the most vital income generators for the Defence/Government cybersecurity market. European Cyber Security Market Size will grow with a CAGR of 14.93% during 2020-2027. The European cyber security market for the Internet of Things (IoT) and connected device are in a growing phase. Germany, United Kingdom, France, and Italy, are leading European countries to adopt IoT and connected device. However, many consumers across Europe are also seeing the importance of wearables devices and increasingly understand the benefits. The severity of cyber breaches has become more and more intense in recent years across European countries. The threat to UK companies from hackers and other malicious elements online was magnified in 2020. The number of attacks continued to grow, and cyber security has become increasingly important to many more parts of the UK economy. In the past two years Denmark, France, Sweden citizens have faced the highest percentage of security-related problems in the European region. France is projected to hold a notable portion in the cybersecurity business in the European region. The French national cyber security plan attempts to supplement the French society's digital transformation actions and approach the new challenges expereinced due to the changing uses of digital technology and the associated threats. According to the Renub Research analysis, the Europe Cyber Security Industry was valued at US$ 8.56 Billion in 2020. europe cybersecurity market The primary companies in Europe cyber security market are Broadcom, Cisco Systems Inc., Check Point Software Technology Ltd., IBM and Palo Alto Networks, Inc. These key players are adopting different strategies in the European region to the lucrative path towards expanding their market share. In Jan 2020, Cisco opened its first Cyber Security Co-Innovation Centre, which is totally dedicated to cyber security and privacy in Europe. Renub Research Latest Report "Europe Cybersecurity Market by Segment (Iot devices, PCS, Mobiles/network, Connected TV, Wearables, connected car) Component (IT &Telecom, Retails, BFSI, Healthcare, Defense/Government, Automotive & Others) Country (Germany, France, UK, Italy) Company (Broadcom, Cisco Systems, Inc., Check Point Software Technology Ltd., IBM, Palo Alto Networks, Inc.)" studies the European Cyber Security Industry. The report also comprises qualitative factors such as drivers, restraints, and opportunities. Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=europe-cyber-security-market-p.php Segment – Europe Cyber Security Market has been covered from 6 viewpoints: 1. IoT devices 2. PCS 3. Mobiles/network 4. Connected Tv 5. Wearables 6. Connected car Component - Europe Cyber Security Market has been covered from 7 viewpoints: 1. IT &Telecom 2. Retails 3. BFSI 4. Healthcare 5. Defense/Government 6. Automotive 7. Other europe cyber security industry Country – Europe Cyber Security Market has been covered from 4 viewpoints: 1. Germany 2. France 3. U.K 4. Italy Company Insights: o Overview o Company Initiatives o Sales Analysis Company Analysis: 1. Broadcom 2. Cisco Systems, Inc. 3. Check Point Software Technology Ltd. 4. IBM 5. Palo Alto Networks, Inc. About the Company: Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions. Our core team is comprised of experienced people holding graduate, postgraduate and PhD degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets. Contact Us: Renub Research Phone No: +1 678–302–0700 (USA) | +91–120–421–9822 (IND) Email: [email protected] Web: https://www.renub.com Follow on Linkedin: https://www.linkedin.com/company/renub-research |
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