Monday, 22 June 2020

Location Analytics Market Growth Factors, Demand and Trends by 2026 | SAS Institute, Esri, Oracle, Pitney Bowes, Microsoft, Galigeo, Cisco Systems, IBM, Purple, GeoMoby


The report “Location Analytics Market Share, Size, Trends, Industry Analysis Report By Component (Solution, Services); Solution (Geocoding And Reverse Geocoding, Data Integration And ETL, Reporting And Visualization, Thematic Mapping And Spatial Analysis); By Location Type (Indoor, Outdoor); By Application (Risk Management, Emergency Response Management, Customer Experience Management, Remote Monitoring, Supply Chain Planning And Optimization, Sales And Marketing Optimization, Predictive Assets Management, Inventory Management); By Verticals (Retail, Manufacturing, Govt & Defense, Media & Entertainment, Transportation, Energy & Utilities); By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global location analytics market size is expected to reach USD 29.87 billion by 2026 according to a new study by Polaris Market Research. In business sector, almost everything exists at a particular location and at a specific time. It could be things such as products, raw materials, facilities, employees, customers, agents, or events. Businesses can make more well-versed decisions by understanding how these components relate to one another through location analytics. This can improve both efficiency and effectiveness of the businesses. Furthermore, location analytics helps in targeting and understanding customers and also helps in optimizing business processes.


The key players in the market include SAS Institute, Esri, Oracle, Pitney Bowes, Microsoft, Galigeo, Cisco Systems, IBM, Purple, GeoMoby, Alteryx, Inc., CleverAnalytics, IndoorAtlas, Lepton Software, and Quuppa among others.

The location analytics market is mainly driven by increasing usage and application of spatial data and analytical tools in various industrial sectors. Furthermore, factors such as increasing adoption of location-based applications and tools among users, growing necessity for predictive analytics in several business applications, growing adoption and necessity of innovative technologies, and increasing penetration of social media for customer engagement are also driving the growth of the market across the globe. Moreover, location analytics can considerably help the in making targeted decisions, aid in visualizing business performance, and also help in lowering costs and mitigating risks in supply chain management.

However, factors such as concerns with data privacy and legal worries, high initial cost of deployment, and deficiency of uniform regulatory norms, are expected to hinder the growth of market during the forecast period. Furthermore, increasing security concerns, lack of technical expertise and awareness, and poor connectivity and data integration also restraints the market growth.

To gain more insights into the market with detailed table of content and figures, click here: https://www.polarismarketresearch.com/industry-analysis/location-analytics-market/toc

North America and Europe take hold of more than half of overall market. As the retail industry in these regions is experiencing a significant boom, and penetration of smartphones and other advanced tools is high, there is rapid growth in adoption of analytical business intelligence and geographic information systems technology. Likewise, increasing focus on customer needs and customer satisfaction also plays a major role in development of this market. Furthermore, large number of individual customers or enterprises in Europe extensively use location-based mapping services, which has made this region a R&D hub for the market.

In European countries, location analytics is largely used to conduct marketing campaigns and customer management with an aim of business expansion. Furthermore, growing smartphone industry, and increasing adoption of GPS tracking systems has also enhanced the growth of location analytics in European countries. However, based on growing number of smartphone and social media users, service providers and enhancement of networking technologies, Asia-Pacific is expected to witness a fastest growth in the global market during the forecast period. Huge population base, growing internet penetration has made this region a popular area of expansion for established as well as emerging companies. This is largely contributing to the growth of the market in Asia-Pacific region.

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Hotel Management Software Market 2020 Industry Top Player : Oracle Corporation, Infor, Inc., NEC Corporation, IBM Corporation, Huawei Technologies Co. Ltd and others


The global Hotel Management Software market size is expected to reach USD 32.9 Billion by 2026 according to a new study by Polaris Market Research

The hotel management software market is projected to witness a significant growth over the forecast period. Hotel management systems essentially help owners and managers to handle their workload effectively. This frees up enough time for these users which can then be utilized to concentrate on more important parameters such as improving customer experience, chalking out marketing plans, and creativity. These aforementioned factors are critical success factors in the tourism industry. Thus, in an era of high industrial rivalry, hotel management software aid owners to concentrate more on critical success factors.

Some of the key features of such management software include scalability, data security, ease of usage, variety of payment platform integration, theft control, centralized system with end to end seamless integration among others.  Such features enable the user to have complete control over the entire value chain and also analyses what works for his business and what does not. The data can also be fed to external activities such as marketing to gain higher business. All these factors are benefitting the market over the next six years.


Customized services provided by key industry participants is a major market trend. Not all properties have the same software requirements and hence companies have to provide them with a solution that best suits the customer needs. Therefore, industry participants work in collaboration with their clients to correctly assess needs and design a solution. This factor has resulted in a wide variety of hotel chains, upscale midscale and economy alike deploying hotel management software.

Development of novel software products, plug ins and tools has completely revolutionized the market. Companies provide a set of built in tools that aid in complex operations such as marketing, work force management among others. For example, built in tools for marketing, aid and assist in the segmentation of customer data based on their historical spending to include them in targeted promotions aimed at increasing sales. These built in tools also aid in marketing campaigns by automatically sending push in notifications, SMS alerts, emails, etc. They also provide services such as post campaign analytics to track metrics and to optimize future campaigns. Such initiatives taken by industry participants to provide the best of services and tools is benefitting the overall market growth.


In order to increase sales and gain additional market shares, hotel owners such as those at airports also provide off-premise as well as third party deliveries. Sensing this opportunity, industry participants have developed systems that aid in the streamlining of bookings, Routing of orders immediately to save time, and to providing assistance to delivery team at each step among others. These functions are carried out by the system without compromising the core functions at the basic hotel location. Some of the leading players in the market include Honeywell International, Inc., Winhotel Solution S.L., Buildingiq Inc., Oracle Corporation, Infor, Inc., NEC Corporation, IBM Corporation, Huawei Technologies Co. Ltd, Schneider Electric Se, Johnson Controls, Siemens AG and Honeywell International, Inc.a

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Friday, 19 June 2020

Power Management Integrated Circuits Market 2020 Regional Analysis, Applications, & Manufacturers and Forecasts

The global power management IC (PMIC) Market was valued at USD 30.1 billion in 2017 and is anticipated to reach USD 58.4 billion by 2026 to grow at a CAGR of 7.8% during the forecast period. In 2019, the consumer electronics end-user segment dominated the global power management integrated circuits market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 The increasing demand for battery operated devices and growing penetration of electric vehicles has boosted the adoption of power management integrated circuits. Growing need for energy efficient equipment, depleting fuel resources, and increasing need to reduce energy consumption further supports the growth of power management integrated circuits market. Additionally, the increasing adoption of energy harvesting equipment, and advancements in next generation mobile networks such as 3G, 4G, and 5G would boost market growth during the forecast period. Other factors supporting market growth include supportive government regulations, increasing awareness, and technological advancements. Increasing adoption of data centers, development of Big Data and IoT technologies, and increasing demand for consumer electronics further boosts the market growth.


Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global power management integrated circuits market throughout the forecast period. The increasing awareness among consumers, and rising environmental concerns drive the market growth in the region. The increasing penetration of electric vehicles, and growing applications in the automotive sector supports the market growth in this segment. The increasing use of Power Management Integrated Circuits in building and home automation, and consumer electronics further supports power management integrated circuits market market growth. The rapid penetration of IoT devices, rising adoption of data centers, advancements in next generation mobile networks such as 3G, 4G, and 5G further fuels the growth of the market.

The companies operating in the power management integrated circuits market include Infineon Technologies AG, Dialog Semiconductor PLC, Linear Technology Corporation, STMicroelectronics N.V., Texas Instruments Inc., Maxim Integrated Products, Inc., NXP Semiconductors, Renesas Electronics Corp., ON Semiconductor Corp., and Fairchild Semiconductor International, Inc.. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


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Geotextile Market Growth Factors, Regional Analysis, Applications, & Manufacturers and Forecasts

The global geotextile market size is anticipated to reach $14.03 billion by 2026, growing at a CAGR of 8.8% during the forecast period, according to a report published by Polaris Market Research. 

Geotextiles are extensively used in the reinforcement of soil banks in bridges, pavements, roads, highway, and other construction sector. Their integral applicable functions include sealing, separation, drainage, filtration, and reinforcement in different substrates. Concerning their multifunctional characteristics, the geotextiles are suitable for a range of industries and tend to find application in transportation, maintenance industries agriculture, and construction, among many.

The rapidly growing demand for non-woven fabrics has increasingly gained significance and has flourished in the recent past. This has led to increasing applications with the growing number of constructions sites and growing infrastructural structural developments across the world. Governmental authorities of numerous countries have taken precautionary measures during different types of construction on account of growing awareness regarding degradability of roads during natural calamities and to promise enhanced quality and durability.


Polypropylene geo-synthetics is an essential geotextile that requires lower maintenance costs and results in longevity of the roads and similar construction structures. The areas which are prone to any natural calamity such as landslides have witnessed these geotextile materials of significant use, thereby providing a suitable alternative for such scenarios. For instance, the Ministry of Textiles (Government of India) launched a program/scheme for promoting the usage of geotextiles in road applications in the Northeastern region of the country.

The roadways segment is likely to witness the fastest growth rate during the forecast period on account of growing issues concerning a lifespan of roads, their maintenance issues, and a growing stabilization. The use of geotextile products is a cost-effective solution towards highway rehabilitation and pavement repairs especially in the emerging countries of the Asia-Pacific, where cost is among the most important concern. The consumption of these products in China, Japan, and India has increased prominently during the recent years, further strengthening the market growth.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Geotextile Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

To customize the study according to your specific requirements please click At : https://www.polarismarketresearch.com/industry-analysis/geotextile-market/request-for-customization

The geotextile market in Europe is expected to witness major growth during the forecast period. Some of the significant reasons behind this include increasing expenditure in the construction of roads, railways, airport runways, and pavements in the countries such as Italy, UK, Germany, and France. The rail & road authorities in the previously-mentioned nations have published multiple policies & regulations concerning the drainage plants and waste water treatment processes.

Competitive Landscape and Key Vendors
The global geotextile industry constitutes numerous large international market payers and is a fragmented industry. These market players consistently undertake R&D for the launch of new innovative products to strengthen their product portfolio in the industry. In addition, the companies focus mainly on foreign investments in research and development to cater the rapidly growing demand. Big market players are also focusing on their business expansion through inorganic developments which increases the potential concerning expansion of customer base and also geographic expansion.

Some of the prominent industry players include Berry Global, Agru America, Inc., Carthage Mills, DuPont, Strata Systems, Mattex, Propex Operating Company Koninklijke Ten Cate, Kaytech, Tenax and Leggett & Platt.


Polaris Market Research has segmented the global geotextile market on the basis of product, technology, material, application and region:

Geotextile by Technology Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
  • Woven
  • Non-woven
  • Knitted
Geotextile by Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
  • Polyester
  • Polyethylene
  • Polypropylene
  • Others
Geotextile by Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
  • Agriculture
  • Drainage
  • Railways
  • Roadways
  • Others

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Continuous Glucose Monitoring Device Market Global Demand, Industry Growth, In-depth Analysis and Opportunities till 2026

The global Continuous Glucose Monitoring Device Market size was valued at USD 3,512.8 million in 2019 and size is expected to reach USD 12.18 billion by 2026 according to a new study by Polaris Market Research.

Continuous Glucose Monitoring Device have witnessed tremendous growth in the recent past and this trend is expected to continue from 2020 to 2026. Health agencies as well as governments have issued health advisories which explicitly mention that people suffering from diabetes are at high risk of corona virus infection. Experts have also specifically mentioned that continuous monitoring of blood glucose levels to avoid worsening of conditions. CGM is expected to benefit from such trends.

In order to cope with the rising demand for COVID-19 tests, companies such as Abbot have customized their production lines and manufacturing schedules to produce corona virus test kits. However, such companies have stressed on the fact that the production of other products such as CGM will not be hampered. It is expected that there will be exponential rise in demand for CGM products in the next few years. As of now, healthcare has become of prime importance and there is rising importance of preventive healthcare. Ease of usage of CGM products, easy availability coupled with COVID-19 scare is expected to fuel the market growth.


Although, point of care diagnostic procedures such as CGM proves to be very effective in delivering healthcare to all, they are an expensive affair for healthcare facilities dealing with high test volumes. This is expected to impede market’s growth in the cost sensitive undeveloped economies of the market. However, the introduction of cheap and cost-effective devices for point of care diagnoses is expected to gradually reduce the impact of this restraint over the forecast period.

The regulatory framework is one of the most restraining factors pertaining to pharmaceutical, biotechnology and medical technology industry. Absence of clear regulatory framework/guidelines for the diagnostic sector in developing countries such as India and China where the CGM market has great growth potential due to the presence of a large patient base is anticipated to impede growth in the coming years. The presence of such discrete and uncertain scenario about the regulations for CGM devices creates confusion among CGM manufacturers regarding commercialization.

North America emerged as the largest market in 2019 and the regional market is expected to dominate the market up to the end of the forecast period i.e. 2026. Strong presence of market participants, high awareness regarding device usage and high inclination towards preventive healthcare are some of the factors benefitting the regional market growth.


Companies such as Senseonics Holdings, Inc., Insulet Corporation, Bayer AG, Ypsomed Holding AG, LifeScan, Novo Nordisk, Medtronic PLC, Dexcom Inc., Abbott Diagnostics Inc., and Roche Diagnostics are some of the key players operating in the Continuous Glucose Monitoring Device Market.

Polaris Market research has segmented the Continuous Glucose Monitoring Device Market report on the basis of component type, end-use and region
Continuous Glucose Monitoring Device component type Outlook (Revenue, USD Million, 2015 – 2026)
  • Transmitters & Receivers
  • Sensors
  • Insulin Pumps
Continuous Glucose Monitoring Device end-use Outlook (Revenue, USD Million, 2015 – 2026)
  • Hospitals
  • Homecare Diagnostics
  • Others

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Automotive LiDAR Market Incredible Possibilities, Growth Analysis And Forecast To 2026

The global automotive LiDAR market size is expected to reach $4.14 billion by 2026, growing at a CAGR of over 35% during the forecast period, according to report published by Polaris Market Research. The report “Automotive LiDAR Market Size By Type (Solid-State LiDAR, Mechanical LiDAR); By Application (Advanced Driver Assistance Systems – (AEB and ACC), Autonomous Vehicle); By Region & Segments Forecast, 2018 – 2026″ provides a holistic analysis of current and predicted market trends. 

Light detection and ranging (LiDAR) is a technology based on remote sensing and it is significantly popular among the automobile manufacturers. It is used by these manufacturers in automation systems of vehicles enabling safety. Moreover, the decrease in manufacturing costs of LiDAR due to surge in automation of vehicles is a major factor contributing towards market growth.

get more insights about the Automotive LiDAR Market or Request for sample of this report- https://www.polarismarketresearch.com/industry-analysis/automotive-lidar-market/request-for-sample

Although ADAS has been available since long in the market, OEMs were reluctant to incorporate these systems due to high costs of sensors. However, adoption of LiDAR in the automotive sector is growing due to rising focus towards safety by regulatory bodies, and customers aimed at safeguarding vehicles and passengers. Due to continued focus of governments across multiple countries on enhancing vehicular safety, many regions have witnessed policies enforcing mandatory deployment of Advanced Driving Assistance Systems (ADAS) in vehicles. For instance, EuroNCAP (New Car Assessment Program) crash testing program has been modified to include assessment of ADAS types which will have an impact on the safety rating of vehicles. Eventually, the penetration and adoption of radars and cameras is expected to increase during the forecast period as OEMs increasingly adopt ADAS with the aim of qualifying for the best ratings in terms of vehicle safety.

Within automotive LiDAR there are two main applications – ADAS and Autonomous Vehicle. ADAS application accounts for the majority share in automotive Light detection and ranging market; this is majorly attributed to autonomous/self-driving vehicle not available commercially. This trend is expected to continue during the forecast period with the autonomous vehicle application segment gaining progressively as manufacturers work on that technology.


Geographically, the American regional market accounted for the largest share during 2017. While, the Asia Pacific regional market for automotive LiDAR is expected to witness highest growth during the forecast period. Increasing competition is observed among automotive OEMs for developing fully autonomous vehicles in the market. With these rapid advancements in autonomous vehicle technology, the global automotive light detection and ranging market is expected to register considerable growth by 2026. Other important factors such as development of solid-state LiDAR sensors, and significance of the LiDAR sensors in ADAS are also responsible for the market growth.

The major companies operating in the automotive LiDAR sector include established players such as Continental AG, Delphi Technologies, Denso Corporation, First Sensor AG, LeddarTech, Novariant (AgJunction), Quanergy Systems, Inc., Robert Bosch GmbH, Scans LLC, Velodyne LIDAR, Inc.


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Fracking Chemicals Market Growth Opportunities to Tap into in 2020-2026

Global Fracking Chemicals Market is anticipated to reach over USD 65 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the horizontal well segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

A significant growth in urbanization, population increase, and industrialization along with government initiatives and funding is expected to support the growth of fracking chemicals market. Other driving factors include growing demand for natural gas as a fuel and favorable regulatory policies. Increasing demand from developing nations, development of environment-friendly fracking chemicals, and technological advancements are expected provide numerous growth opportunities to fracking chemicals market players during the forecast period.

  
North America generated the highest revenue in the fracking chemicals market in 2017, and is expected to lead the global market throughout the forecast period. The high economic growth in the region, growth in drilling and exploration industries, and growing energy demand are factors expected to drive the fracking chemicals market growth. Increasing disposable incomes, growing urbanization, and increasing industrialization in countries of North America are further expected to support fracking chemicals market growth.  Rising shale gas explorations, and rising demand for natural gas as fuel in the region are expected to further provide growth opportunities during the forecast period.

The key players operating in the fracking chemicals market include Halliburton Co., E.I. Dupont De Nemours & Co., BASF SE, Chevron Phillips Chemical Company, Baker Hughes Incorporated, The DOW Chemical Company, Calfrac Well Services Ltd., Albermarle Corporation, Akzo Nobel N.V., and Schlumberger Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


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Fluoropolymers Market 2020-2026 | ExxonMobil Corporation, Royal Dutch Shell plc, Saudi Basic Industries Corporation


Fluoropolymers is an organic hydrocarbon and is a basic and most significant raw material for manufacturing large number of polymeric end-use products such as plastics, fibers, and organic chemicals. It is a petrochemical derivative and includes ethane and naphtha as its major feedstocks. Fluoropolymers is among the major building blocks for petrochemical industry.

Fluoropolymers as a raw material is applied to a broad range of applications. It is used in the production of fluoropolymers oxide, fluoropolymers dichloride, ethyl benzene, vinyl acetate and others. Increasing applications of Fluoropolymers intermediates is primarily driving its demand for the end-use industries. Fluoropolymers oxide is the largest application and is used in end-uses such as packaging, consumer products, and light industrial applications.


Rising world’s population coupled with the increase in personal income of the consumers has led to growth of many commodity products such as packaging, bio-based PET products, housing inputs, and textile products. Growing construction industry has mainly supported the growth for polyvinyl products, which in turn has driven the consumption for fluoropolymers dichloride. The lightweight and modernized automotive products are the factors that led to steady increase in the consumption of polyvinyl chloride.
  
Asia Pacific is the most lucrative regional market for fluoropolymers, where the latest demand has been supported rapid growth of the developing countries, especially of the Southeast Asia and the Indian Subcontinent. China, Japan, Western Europe, and the United States hold the highest market share for the consumption of fluoropolymers chloride.

The consumption in different regions of the world is based on the rapid expansions of downstream businesses such as PET, polyester fibers, PVC, and packaging. Japan and Western Europe are anticipated to consume less fluoropolymers over the period of next five years, as these are the mature regional markets with their production based on less economical feedstocks, which makes it difficult for them to compete in the global fluoropolymers derivative export market.

  
Low cost feedstocks such as ethane have fueled the next wave of investments in countries like the United States. This has significantly led to increased production of fluoropolymers. The bigger market players of the fluoropolymers market are able to leverage technology and low-cost supply strategies for meeting the demand at right costs and right products.

The global fluoropolymers market is highly competitive with high degree of integration across the value chain by many market players. Few of the primary market participants for fluoropolymers include Dow Dupont, ExxonMobil Corporation, Royal Dutch Shell plc, Saudi Basic Industries Corporation (SABIC), Total S.A., LyondellBasell Industries, and China Petroleum & Chemical Corporation.


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