Electric Toothbrush Market Growth 2023-2028, Industry Size, Share, Trends and Forecast

According to IMARC Group’s latest report, titled “Electric Toothbrush Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global electric toothbrush market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2028, exhibiting a growth rate (CAGR) of 3.7% during 2023-2028.

An electric, or power, toothbrush represents a device that is utilized for cleaning the tongue, teeth, and gums via automatic bristle motions. It generally uses side-to-side and rotations movements of the head and is effective in minimizing the effects of gingivitis and removing the plaque. The electric toothbrush consists of digital reminder systems, timers, multiple brush head attachments, and pressure sensors that prevent the user from brushing too aggressively and damaging the tooth enamel and gums. In line with this, it also provides several brushing modes, such as gum care, routine brushing, deep cleaning, tongue cleaning, whitening, reducing tooth sensitivity, etc.

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Market Trends

The growing prevalence of oral and tooth-related diseases is primarily driving the electric toothbrush market. Additionally, the widespread adoption of unhealthy dietary patterns, including consumption of sugar-rich food, alcohol, tobacco, etc., and changing lifestyles of individuals have increased the occurrence of cavities and other dental problems, thereby propelling the demand for oral care products. Besides this, the rising utilization of innovative silicon-based soft bristles that do not cause irritation and minimize the pain caused while brushing sensitive areas is acting as another significant growth-inducing factor. Moreover, continuous technological advancements, including the development of smart electric toothbrushes with advanced pressure sensor technology, head replacement reminding capability, Bluetooth connectivity, and real-time data transfer to smartphones for constant monitoring, are also positively influencing the global market. Apart from this, the inflating disposable incomes of the consumers, aggressive promotional activities by leading manufacturers, and easy product availability via online retail channels are anticipated to fuel the electric toothbrush market over the forecasted period.

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List of Key Companies Covered in this Market Report:

  • Church & Dwight Co. Inc (NYSE: CHD)
  • Colgate-Palmolive Company (NYSE: CL)
  • Conair Corporation (Jarden) (OTCMKTS: CNGA)
  • Den-Mat Holdings LLC
  • Fresh LLC (High Ridge Brands Co.)
  • FOREO
  • Koninklijke Philips N.V. (AMS: PHIA)
  • Lion Corporation (TYO: 4912)
  • Panasonic Corporation (TYO: 6752)
  • Shenzhen Risun Technology Co. Ltd.
  • SONIC Chic
  • Procter & Gamble Company (NYSE: PG)

The report has segmented the market on the basis of technology, bristle type, distribution channel, end-user and geography.

Breakup by Technology:

  • Rotational
  • Vibrational

Breakup by Bristle Type:

  • Soft Bristles
  • Nanometer Bristles

Breakup by Distribution Channel:

  • Online
  • Offline

Breakup by End User:

  • Adults
  • Children

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
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Linkedin: https://www.linkedin.com/company/imarc-group

Automotive Aluminum Market Trends 2023 | Growth, Share, Size, Demand and Future Scope 2028

According to IMARC Group’s latest report, titled “Automotive Aluminum Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global automotive aluminum market size reached US$ 27.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 47.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.67% during 2023-2028.

Automotive aluminum is a type of metal that is used for manufacturing the body, wheels, frame, fuel systems, heat shields, engine pistons, radiators, and other parts of a vehicle. It can be categorized into several types in terms of product form, such as die-casting, permanent mold casting, sand casting, aluminum plate, aluminum sheet, etc. Automotive aluminum metal has an extremely lightweight construction and provides improved durability, stability, and cost-effectiveness. It can absorb a higher amount of shock in case of an accident and allows faster vehicle acceleration. Consequently, automotive aluminum is extensively utilized across the various segments of the global automobile industry, including passenger cars, light commercial vehicles (LCV), and heavy commercial vehicles (HCV).

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Market Trends

The rising demand for automobiles in the Asia-Pacific, North America, and European regions is primarily driving the automotive aluminum market. Additionally, the inflating need for variants with enhanced properties, such as recyclability, high strength, corrosion resistance, etc., in the automobile sector is also augmenting the market growth. Furthermore, the elevating usage of aluminum mixed with silicon, copper, and manganese to manufacture lightweight vehicle components is acting as another significant growth-inducing factor. Besides this, the launch of numerous policies by the government bodies aimed at promoting the production of vehicles that lower the emission of greenhouse gases and the development of extensive research and development (R&D) activities are expected to bolster the automotive aluminum market in the coming years.

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List of Key Companies Covered in this Market Report:

  • Alcoa Inc.
  • Novelis
  • Rio Tinto Alcan
  • Constellium
  • BHP
  • Amg Advanced Metallurgical
  • UACJ Corporation
  • Norsk Hydro ASA
  • Dana Holding Corporation
  • Progress-Werk Oberkirch AG
  • Jindal Aluminium
  • Kaiser Aluminum
  • Lorin Industries
  • Federal-Mogul Holding Corporation
  • ElringKlinger AG
  • ThermoTec Automotive

The report has segmented the market on the basis of product form, vehicle type, application and region.

Breakup by Product Form:

  • Cast Aluminum
    • Die Casting
    • Permanent Mold Casting
    • Sand Casting
  • Rolled Aluminum
    • Aluminum Plate
    • Aluminum Sheet
    • Aluminum Foil
  • Extruded Aluminum

Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)

Breakup by Application:

  • Powertrain
    • Pistons
    • Engine Blocks
    • Fuel Systems
    • Heat Shields
    • Heat Exchangers
  • Chassis and Suspension
    • Suspension Parts
    • Wheels
    • Steering Systems
    • Brake Systems
  • Car Body
    • Body Structure
    • Roof and Trim
    • Car Interiors
    • Hang-On Parts

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Leather Goods Market Growth 2023-2028, Industry Size, Share, Trends and Forecast

According to IMARC Group’s latest report, titled “Leather Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global leather goods market size reached US$ 370.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 505.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

Leather goods are manufactured by tanning or chemically treating leather. They comprise various items, such as shoes, belts, bags, suitcases, furniture covers, book covers, hats, gloves, wristwatch straps, purses, toys, jackets, pants, and cases. They also include percussion instruments, quivers, motorcycle seats, car seat covers, knife sheaths, baseballs, horse reins, coasters, saddles, and punching bags. They are waterproof as leather goods are coated with melted wax or rubbing wax sticks. They are fire-resistant, lightweight, skin-friendly, and have a long shelf life. They can retain their elasticity and shape after rigorous usage. They are easy to clean, malleable, and more beneficial compared to their synthetic counterparts. They are used in cold climates as leather goods provide thermal insulation and restrict the passage of internal heat. As they can be customized with patterns, textures, and brand logos for effective marketing, the demand for leather goods is rising worldwide.

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Market Trends

At present, the increasing demand for leather goods due to the rising utilization of eco-friendly and recyclable products around the world represents one of the primary factors influencing the market positively. Besides this, the growing utilization of lightweight and compact luggage items to easily carry them while traveling long distances and avoid extra airline luggage fees is offering a favorable market outlook. In addition, governing agencies of various countries are undertaking initiatives to support the leather industry by providing financial assistance to leather artisans and increasing the import and export of leather goods. Apart from this, there is an increase in the demand for leather goods among the masses due to changing fashion trends. This, along with the rising number of footwear and clothing brands displaying limited edition leather products in fashion shows, is propelling the growth of the market. Additionally, various luxury brands are adopting effective marketing strategies, such as social media, influencer, digital, and content marketing, to connect with their targeted customers and boost product sales. Moreover, the rising number of offline stores and online distribution channels selling premium quality leather goods, such as handbags, trench coats, boots, and wallets, is supporting the growth of the market. Furthermore, key manufacturers are introducing sustainable processing methods by extracting cellulose derivatives from downstream wastes of sugar sectors and employing them in leather finishing. They are also adopting waterless chrome tanning technology (WLTC) to reduce the wastage of water and improve the quality of leather goods, which is bolstering the growth of the market.

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List of Key Companies Covered in this Market Report:

  • Adidas AG
  • American Leather Holdings LLC
  • Capri Holdings Limited
  • Hermès International S.A.
  • Kering S.A.
  • LVMH
  • Prada S.p.A
  • Puma SE
  • Tapestry Inc.
  • VIP Industries (Piramal Group)
  • Woodland (Aero Group).

The report has segmented the market on the basis of product, material type, price, distribution channel and geography.

Breakup by Product:

  • Footwear
    • Military Shoes
    • Casual Shoes
    • Formal Shoes
    • Sports Shoes
    • Others
  • Other Leather Products
    • Upholstery
    • Luggage
    • Accessories
    • Clothing & Apparel
    • Bags, Wallets and Purses
    • Others

Breakup by Material Type:

  • Genuine Leather
    • Top-grain Leather
    • Split-grain Leather
  • Synthetic Leather
    • PU-Based Leather
    • PVC-Based Leather
    • Bio-Based Leather

Breakup by Price:

  • Premium Products
  • Mass Products

Breakup by Distribution Channel:

  • Clothing and Sportswear Retailers
  • Departmental Stores
  • Supermarkets and Hypermarkets
  • Online Stores
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

eDiscovery Market Growth 2023-2028, Industry Size, Share, Trends and Forecast

According to IMARC Group’s latest report, titled “eDiscovery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global eDiscovery market size reached US$ 12.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.39% during 2023-2028.

Electronic discovery (eDiscovery) refers to the process of recognizing, collecting, and presenting electronically stored information (ESI) as evidence for legal investigations. It usually consists of emails, documents, presentations, voicemail, audio, video files, databases, social media, and websites. It also comprises raw data and metadata that forensic investigators review to track hidden evidence. It is used for identifying patterns and conducting analytical research required for legal, constitutional, political investigation, and privacy issues.

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Market Trends

Considerable growth in the information and technology (IT) industry, along with rapid digitization and the increasing utilization of the Internet of Things (IoT)-enabled devices, represents one of the major factors propelling the market growth. Moreover, the widespread adoption of cloud computing systems has significantly increased the generation of digital data, thereby driving the need for eDiscovery to access and recover traces of information. Besides this, various organizations are adopting advanced technologies to streamline their operations and minimize operational costs, which is positively influencing the market. Additionally, increasing incidences of felonies, such as tax fraud and money laundering, are anticipated to drive the market.tax fraud, are also subjected to drive the eDiscovery market in the coming year.

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List of Key Companies Covered in this Market Report:

  • Accessdata Group Inc.
  • Commvault Systems Inc.
  • Conduent Incorporated
  • Driven Inc. (Xplenty)
  • Fronteo Inc. (Formerly UBIC)
  • FTI Consulting
  • International Business Machines Corporation
  • Logikcull
  • Micro Focus International Plc
  • Nuix Pty Ltd. (Macquarie Group)
  • Open Text Corporation
  • Veritas Technologies LLC (The Carlyle Group)
  • ZyLAB Technologies

The report has segmented the market on the basis of component, deployment type, end-user, vertical and geography

Breakup by Component:

  • Services
  • Software

Breakup by Deployment Type:

  • On-premises
  • Cloud-based
  • Hybrid

Breakup by End-User:

  • Government Agencies
  • Enterprises
  • Law Firms

Breakup by Vertical:

  • BFSI
  • Retail and Consumer Goods
  • Manufacturing
  • Legal
  • IT and Telecommunication
  • Government
  • Energy and Utilities
  • Healthcare and Life Science
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Digital Map Market Growth 2023-2028, Industry Size, Share, Trends and Forecast

According to IMARC Group’s latest report, titled “Digital Map Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global digital map market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2028, exhibiting a growth rate (CAGR) of 14% during 2023-2028.

A digital map is a software solution available online that displays a specific geographical location, area, or road. It is created by collecting and formatting data into an image presented on a digital interface. It consists of graphical elements that provide information about water bodies, roads, and landmarks in a specific area. It can also be used to calculate distances between different locations. It offers numerous benefits, including scalability, accuracy, real-time information, interactivity, and ease of operation. As a result, the digital map finds extensive applications in smart parking, location intelligence, traffic and congestion management, navigation, and logistics management across the globe.

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Market Trends:

The global digital map market is primarily driven by rising product utilization in the construction and engineering sectors as they help engineers implement safety measures and plan infrastructure more efficiently. Moreover, the increasing adoption of 3D platforms for surveying and digital mapmaking is positively influencing the market growth. Additionally, the rising reliance on mapping applications such as Google Maps and City mapper for directions and location-based searches due to the widespread use of smartphones and other portable devices has catalyzed the market growth. Furthermore, several key players are offering user-friendly features, such as traffic updates, roadblocks, and updated places of interest in maps, thereby contributing to the market growth. Other factors, including the increasing use of mobile computing devices for navigation purposes, rapid urbanization, and the development of user-friendly platforms, are also anticipated to drive the market further.

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List of Key Companies Covered in this Market Report:

  • Apple Inc.
  • Collins Bartholomew
  • Digital Map Products Inc. (LightBox)
  • Environmental Systems Research Institute Inc.
  • Getmapping
  • Google LLC (Alphabet Inc.)
  • HERE Technologies
  • MAPQUEST INC. (America Online)
  • Maxar Technologies
  • Nearmap
  • ThinkGeo LLC
  • TomTom International B.V.

The report has segmented the market on the basis of type, usage, solution, deployment mode, application, end-use industry and geography.

Breakup by Type:

  • GIS
  • LiDAR
  • Digital Orthophotography
  • Aerial Photography
  • Others

Breakup by Usage:

  • Indoor
  • Outdoor

Breakup by Solution:

  • Software
  • Services

Breakup by Deployment Mode:

  • Cloud-based
  • On-premise

Breakup by Application:

  • Real-Time Location Data Management
  • Geocoding and Geopositioning
  • Routing and Navigation
  • Asset Tracking
  • Others

Breakup by End-Use Industry:

  • Automotive
  • Engineering and Construction
  • Logistics and Transportation
  • Energy and Utilities
  • Military, Aerospace and Defense
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Edge Computing Market Analysis 2023-2028, Industry Size, Share, Trends and Forecast

According to IMARC Group’s latest report, titled “Edge Computing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global edge computing market size reached US$ 11.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 45.4 Billion by 2028, exhibiting a growth rate (CAGR) of 25.4% during 2023-2028.

Edge computing is a distributed information technology (IT) architecture that brings enterprise applications closer to data sources, such as local edge servers and the internet of things (IoT). It involves data analysis, storage, and management and networking and helps minimize the frequency of processes running on the cloud and transmits them to local devices. It is used to ingest data generated from nearby endpoint devices and uses machine learning (ML) programs to analyze and direct the data in response to the analysis. It deploys applications to all edge locations reliably and seamlessly and facilitates openness and flexibility to adopt evolving needs. Edge computing also harnesses in-device computing capability to provide predictive analysis in real-time and allows companies to manage and use physical assets and create new interactive human experiences. Besides this, it serves as an alternative to sending endpoint-generated data to on-premises and on-cloud centralized servers for processing. It reduces unnecessary administrators, saves the associated costs, and deploys software where needed. It also assists in delivering substantial business benefits, including faster insights, improved response time, and better bandwidth availability. As it holds limited data sets that cannot be used by hackers, it provides enhanced data security and privacy. At present, several organizations are adopting edge computing to minimize bandwidth use, server resources, and associated costs.

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Market Trends

The significant growth in the internet of things (IoT) and associated devices and the rising need for computing solutions with low latency represent one of the key factors positively influencing the market. Moreover, the escalating demand for edge computing in hospitals, factories, and retail locations that use critical systems to process sensitive data reliably and safely is fueling the growth of the market. In addition, edge computing assists real-time applications in analyzing and processing collected data. This, coupled with the increasing applications of edge computing in smart grids, critical infrastructure monitoring, traffic management, augmented reality (AR), security and vigilance, and environmental monitoring, is creating a favorable market outlook. In addition, healthcare providers employ edge computing to convert data into new insights and help improve patient outcomes and deliver financial and operational value, which is contributing to the market growth. Furthermore, the implementation of multiaccess edge computing (MEC) that facilitates proximity, ultra-low latency, high bandwidth, and virtualization is propelling the market growth. Other factors, such as the advent of 5G networks and numerous frameworks for IoT solutions, are anticipated to drive the market.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2581&flag=C

List of Key Companies Covered in this Market Report:

  • ABB Ltd.
  • Amazon Web Services (AWS) Inc.
  • Cisco Systems Inc.
  • Digi International Inc.
  • General Electric Company
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co. Ltd.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • SAP SE
  • Siemens AG.

The report has segmented the market on the basis of component, organization size, vertical and geography.

Breakup by Component:

  • Hardware
  • Software
  • Services

Breakup by Organization Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

Breakup by Vertical:

  • Manufacturing
  • Energy and Utilities
  • Government and Defense
  • BFSI
  • Telecommunications
  • Media and Entertainment
  • Retail and Consumer Goods
  • Transportation and Logistics
  • Healthcare and Life Sciences
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Crowdfunding Market Trends 2023 | Growth, Share, Size, Demand and Future Scope 2028

According to the latest report by IMARC Group, titled “Crowdfunding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global crowdfunding market size reached US$ 14.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 28.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11.6% during 2023-2028.

Crowdfunding is an online method of raising funds for a particular project or purpose by soliciting donations from a large number of individuals who contribute small amounts of money. It is typically performed through social networks, making it easier for supporters to share information about the cause or project. It can be used to raise funds for various purposes, including charitable causes, creative projects, business startups, school tuition, and personal expenses. Since it is a scalable, flexible, and efficient fundraising solution, crowdfunding is gaining immense traction across the globe.

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Market Trends

The global crowdfunding market is primarily driven by the increasing prevalence of chronic diseases. Moreover, several favorable initiatives taken by governments of numerous countries to reduce healthcare expenses are positively influencing market growth. Additionally, rising investments by non-governmental organizations (NGOs) in crowdfunding campaigns and spreading awareness about financial support through such platforms have catalyzed market growth. Besides this, the increasing number of sports events to raise funds quickly is another major growth-inducing factor. Furthermore, the rising trend of launching business startups by individuals and the introduction of mobile applications and websites for easy fundraising are contributing to market growth. Other factors, including rapid urbanization, the widespread availability of high-speed internet, and the increasing sales of smartphones, are also anticipated to drive the market further.

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List of Key Companies Covered in this Market Report:

  • CircleUp Network Inc.
  • Crowdfunder Limited
  • Fundable LLC
  • Fundrise LLC
  • GoFundMe Inc.,
  • Indiegogo Inc.
  • Patreon Inc.

The report has segmented the market on the basis of type, end use and geography.

Breakup by Type:

  • P2P Lending
  • Equity Investment
  • Hybrid
  • Reward-based
  • Others

Breakup by End Use:

  • Entrepreneurship
  • Social Cause
  • Movies and Theater
  • Real Estate
  • Music
  • Technology
  • Publishing
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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3D Metrology Market 2023-28 | Future Scope, Growth, Size, Trends and Forecast

According to the latest report by IMARC Group, “3D Metrology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,”, The global 3D metrology market size reached US$ 9.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.7 Billion by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.

Three-dimensional (3D) metrology is a technological system that is used for measuring distance, length, height and point of a 3D object. It assists in converting a 2D architectural model into images and videos, which provides precise and reliable information about damaged products. It comprises a software for identifying production trends and evaluating real-time deviations; hardware, such as optical digitizer and scanner (ODS), coordinate measuring machine (CMM), 3D automated optical inspection (AOI) system, and video measuring machine (VMM); and services for quality control and inspection, reverse engineering, virtual simulation and 3D scanning.

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Market Trends

The market is witnessing growth owing to the increasing applications of 3D metrology in the automotive industry. This can also be accredited to the inflating income levels and escalating demand for luxury goods and high-end vehicles worldwide. Apart from this, it is employed in the aerospace, automotive, construction, and energy and power sectors for increasing flexibility, reducing set-up time, improving accuracy and enhancing productivity. Furthermore, several manufactures are adopting 3D metrology solutions in their production processes for maintaining the quality of the products. This is expected to strengthen the market growth in the coming years.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • 3D Digital Corporation
  • Automated Precision Inc.
  • Carl Zeiss AG
  • Creaform, Inc.
  • FARO Technologies, Inc.
  • GOM GmbH
  • Hexagon AB
  • Jenoptik AG
  • KLA Corporation
  • Mitutoyo Corporation
  • Nikon Metrology NV
  • Perceptron, Inc.
  • Renishaw PLC.

The report has segmented the market on the basis of Offering, Product, Application, End-Use, and Region.

Market Breakup by Offering:

  • Hardware
  • Software
  • Services

Market Breakup by Product:

  • Coordinate Measuring Machine (CMM)
  • Optical Digitizer & Scanner (ODS)
  • Video Measuring Machine (VMM)
  • 3D Automated Optical Inspection System (AoI)
  • Form Measurement

Market Breakup by Application:

  • Quality Control & Inspection
  • Reverse Engineering
  • Virtual Simulation
  • Others

Market Breakup by End-Use Industry:

  • Aerospace & Defense
  • Automotive
  • Architecture & Construction
  • Medical
  • Electronics
  • Energy & Power
  • Heavy Industry
  • Mining
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

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If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

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Wireless POS Terminals Market 2022-27 | Future Scope, Size, Growth, Trends and Forecast

According to the latest report by IMARC Group “Wireless POS Terminals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global wireless POS terminals market size reached US$ 8.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.8 Billion by 2027, exhibiting a growth rate (CAGR) of 11.36% during 2022-2027.

Wireless point of sale (POS) terminals are digital devices that are integrated with hardware systems for processing card payments at retail locations. They facilitate inventory management, customer and supplier order management, integrated supplier purchasing, multi-store management, and invoicing. They also aid in recording sales figures, payroll management, and inventory control to ensure smooth business functions. Moreover, they allow the transfer of inventory between stores, which makes it easy to consult the product description and relevant transfer information.

Wireless POS terminals assist in summarizing the activities of the company, including reports on accounting, sales, contacts, prices, and purchases over a period. They help in managing several stores within the same software. They also provide more flexibility as compared to conventional wired terminals that are applicable for a limited distance. At present, wireless POS terminals find extensive applications in the retail, hospitality, full-service restaurant (FSR), quick-service restaurant (QSR), institutional FSR, healthcare, entertainment, and transportation across the globe.

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Market Trends:

The significant rise in the adoption of POS terminals in different sectors represents one of the key factors positively influencing the market. In addition, the increasing need for card swipes and the emerging trend of contactless payment are catalyzing the demand for wireless POS terminals. Additionally, there is a rise in the  integration of swipe machines and high-security protocols to enhance the in-store digital payment experience. This, in confluence with the growing preference for a hassle-free shopping experience, is bolstering the market growth. Moreover, there is an expansion of fully automated and cash counter-free supermarkets, hypermarkets, convenience stores, and showrooms, which is fueling the growth of the market.

Apart from this, the increasing sales of smartphones, laptops, and tablets and high-speed internet is creating a favorable market outlook. In addition, the expansion of small and medium enterprises (SMEs) and the growing number of micro-merchants and credit card users are encouraging key market players to invest in wireless POS terminals. Moreover, the easy availability of wireless POS terminals across various e-commerce websites, coupled with free doorstep delivery, is strengthening the market growth. Furthermore, the integration of advanced technologies, such as artificial intelligence (AI), into POS systems to help retailers collect and analyze massive amounts of customer data to gain valuable insights is positively influencing the market. Additionally, the increasing investments in research and development (R&D) activities by the key players to offer value-added services are expected to drive the market in the future.

Breakup by Type:

  • Portable Countertop and Pin Pad
  • MPOS
  • Smart POS
  • Others

Breakup by Component

  • Hardware
  • POS Software and Services

Breakup by Technology

  • NFC Terminal
  • Non-NFC Terminal

Breakup by Industry

  • Retail
  • Hospitality
  • Healthcare
  • Transportation
  • Sports and Entertainment
  • Others

Breakup by Region

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Ingenico
  • Verifone
  • First Data
  • PAX Global Technology
  • NCR Corporation
  • Diebold Nixdorf
  • BBPOS
  • Elavon
  • Castles Technology
  • Winpos
  • Bitel
  • Cegid Group
  • Squirrel Systems
  • Newland Payment Technology
  • Citixsys Americas
  • Izettle
  • Revel Systems
  • ShopKeep
  • TouchBistro Inc.
  • Vend.

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Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

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USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

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Turbocompressors Market 2022-2027 | Future Scope, Price Trends and Forecast

According to the latest report by IMARC Group “Turbocompressors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global turbocompressors market reached a value of US$ 17.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.5 Billion by 2027, exhibiting at a CAGR of 6.4% during 2022-2027.

Turbocompressor is a turbomachine that is mainly employed in manufacturing plants for concentrating a compressible gas through dynamic principles. It is also utilized for energy recovery, petrochemical production, and power generation during natural gas processing. A turbocompressor includes a turbocharger, compressor, and center hub rotating assembly. At present, it is available in the form of axial and centrifugal compressors.

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Market Trends:

The widespread adoption of turbocompressors for chemical processing and power generation, along with the increasing trade of liquefied natural gas (LNG) across the globe is one of the primary factors driving the turbocompressor market toward growth. Moreover, the increasing utilization of turbocompressors for storing, lifting, injecting, compressing, transmitting, and gathering gas is further inducing the market growth. In line with this,the escalating demand for optimized turbocompressors account of their fuel-saving and high-power density properties are creating a positive outlook for the market across the globe.

Breakup by Type:

  • Centrifugal Compressors
  • Axial Compressors

Breakup by Stage:

  • Single Stage
  • Multi-stage

Breakup by End User:

  • Oil and Gas
  • Power Generation
  • Chemical
  • Water and Wastewater
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Atlas Copco AB
  • BorgWarner Inc.
  • Continental AG
  • Cummins Inc.
  • Eaton Corporation plc
  • Howden Group Holdings Ltd
  • Ingersoll Rand Inc.
  • Kawasaki Heavy Industries Ltd.
  • MAN Energy Solutions SE (Volkswagen AG)
  • Mitsubishi Heavy Industries Ltd
  • Siemens AG and Sulzer Ltd.

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Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal