Product Lifecycle Management Consumer Packaged Goods & Retail (PLM CP&R) Market to Reach US$ 5,204.18 Mn by 2026

According to a new market report pertaining to the Product Lifecycle Management Consumer Packaged Goods and Retail (PLM CP&R) Market published by Transparency Market Research, the PLM CP&R market (the Americas, Europe, Middle East & Africa and Asia) is projected to reach US$ 5,204.18 Mn by 2026, driven by an expansion in the consumer electronics industry worldwide. The market is projected to expand at a CAGR of 11.45% during the forecast period from 2018 to 2026. Growth of the market is attributed to the high adoption automation in the Consumer Packaged Goods & Retail (CP& R) industries and high adoption of product lifecycle management (PLM) software. The Americas region is anticipated to lead the PLM CP&R market, followed by Asia and Europe, Middle East & Africa, during the forecast period. The PLM CP&R market is at an emerging stage and is anticipated to expand rapidly in the next few years.

Growth of the Consumer Electronics Industry

According to TMR analysis, the global consumer electronics industry has witnessed significant Y-o-Y growth at the rate of around 7% in 2017 in terms of revenue. The consumer electronics industry in Asia is expanding rapidly. Rise in disposable income and increase in population are boosting demand for consumer electronics. India had a population of 1,314 million in 2015, and it is anticipated to reach 1,530 million by 2030.

A rise in population is anticipated to present attractive expansion opportunities for the personal and portable consumer electronics industry. The expanding consumer electronics industry would need process automation, thus creating lucrative opportunities for PLM solution providers.

PLM CP&R Market: Scope of the Report

The PLM CP&R market has been segmented based on technology, deployment, industry, and region. In terms of technology, the digital manufacturing/plant simulation segment is expected to dominate the global market in 2018, owing to the rising trend of digital factories.

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The Americas led the PLM CP&R market, accounting for a substantial share in 2017. The U.S. is a major country of the PLM CP&R market in the region. The PLM CP&R market in Europe, Middle East & Africa and Asia is also expected to expand during the forecast period.

PLM CP&R Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global PLM CP&R market. Key players profiled in the report include Accenture, IBM Corporation, Oracle Corporation, SAP S.E., Dassault Systems, Autodesk Inc., HP Inc. Dell, Cisco Systems, Inc., 10ZiG Technology, Acer Inc., and Advantech Co., Ltd.

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Electrical and Electronics Industry to have the Largest Market Share in Anti-static Films Market during 2018-2026

Transparency Market Research (TMR) delivers key insights on the global anti-static films market in its published report titled “Global Anti-static Films Market Forecast, Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026”. In terms of revenue, the global anti-static films market is estimated to grow at a CAGR of 5.9% during the forecast period, owing to numerous factors on which TMR sheds light in this report. In terms of volume, the Asia Pacific anti-static films market is expected to remain in the leading position during the forecast period. The global antistatic films market is anticipated to grow over the forecast period due to the wide use of anti-static films in the packaging of electrical appliances.

According to TMR analysis, most of the sensitive electrical products get spoilt due to the generation of static electricity. Anti-static films are non-corrosive films used to protect electronic goods and many other sensitive components. Anti-static films prevent the build-up of static electricity which is generated due to frictional contact (triboelectric effects) or electrostatic induction between two dissimilar surfaces. It is also noticed that around 33% of electrical devices are damaged due to the absence of suitable packaging solutions, such as anti-static films. Semiconductors and PCB’s are highly sensitive components and need to be handled with effective anti-static films packaging solution.

Electronic circuitry gets progressively smaller as electronic technology advances. The continuous development in the electrical and electronics industry is boosting the anti-static films market. To protect such components, a packaging solution like anti-static films is required. Depending on the type of additives, the anti-static films can be manufactured in different colors.

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Along with the electrical and electronics industry, the anti-static films market is also growing in the pharmaceuticals and food industry. Electric charge build up attracts the dust particles onto packed food items. Anti-static films enable manufacturers to transfer such items safely. The anti-static films market has a great opportunity to expand in the export/import segment. The demand for explosive and anti-static materials such as military foams, anti-static bags that meet military standards is increasing in the military & defense industry which is anticipated to further fuel the anti-static films market.

More than 60% of China’s air import falls into the category of electronics and machinery equipment. Some frequent products packed by anti-static films include mobile phones, data processing equipment, radio telephone equipment, integrated circuits, and medical equipment.

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North America is projected to dominate the Global Child Resistant Packaging Market in 2018-2026

Transparency Market Research delivers key insights on the child resistant packaging market in its published report, titled “Global Child Resistant Packaging Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global child resistant packaging market is estimated to expand at a CAGR of 6.1% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.

Child resistant packaging is a special packaging which is used to avoid child interventions by ingesting hazardous or poisonous products. Child resistant packaging is required by regulations for prescription drugs, OTC medications, nicotine-containing e-cigarettes, chemicals, home care products, and several cosmetics. The child resistant packaging is designed such as it cannot be opened easily by children and requires a special trick to be opened. The child resistant packaging is available in the reclosable and non-reclosable format. In reclosable packaging, caps & closure, pouches, and joint container tubes and cartons are categorized, while blister and clamshells are segmented in non-reclosable packaging.

In the global child resistant packaging market, the pharmaceuticals industry is estimated to dominate the global market share throughout the forecast period. Due to stringent regulations for the safety of child health, the pharmaceutical industry is expected to witness a rise in market share in the upcoming years. North America, Europe, and the Asia Pacific are the critical market regions for child resistant packaging products, owing to regulations and standards to sell OTC (over the counter) medications and prescription drugs in child resistant packaging,

This report assesses trends driving the growth of each segment of child resistant packaging market on the global level and offers potential takeaways that prove substantially useful for other potential market entrants in the child resistant packaging market. The North American child resistant packaging market includes country level analysis for the U.S. and Canada. The U.S. child resistant packaging market is expected to expand at a CAGR of 7.3% during the forecast period. For North American child resistant packaging market, the cannabis industry is estimated to show a high CAGR among the all end-user industries during the forecast period. Cannabis packaging and labelling requirements in North America are acting as a driver for increasing use of child resistant packaging for cannabis.

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The Latin American child resistant packaging market includes country-level analysis for Brazil, Mexico, and rest of Latin America. The Mexican child resistant packaging market is anticipated to expand at the highest pace during the forecast period in the Latin America region. The European child resistant packaging market includes country-level analysis for Germany, Italy, U.K., France, Spain, Benelux, Nordic, Russia, Poland, and Rest of Europe. In the European child resistant packaging market, the UK is projected to show fast-paced growth during the forecast period.

The Asia Pacific (APAC) child resistant packaging market includes country-level analysis for China, India, ASEAN, Japan, Australia, New Zealand, and Rest of APAC. In the Asia Pacific child resistant packaging market, China and India, cumulatively, are estimated to account for more than half the market share of 2018. The Middle Eastern and African (MEA) child resistant packaging market includes country-level analysis for GCC, South Africa, North Africa, and Rest of MEA. GCC countries account for the highest market share in the Middle Eastern & African child resistant packaging market.

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Technological Advancement across the World Driving the Global Electronic Shelf Label Market

According to a new market report titled "Electronic Shelf Label (ESL) Market-Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026", published by Transparency Market Research, the global electronic shelf label market is expected to reach US$ 2,517.9 Mn by 2026, expanding at a CAGR of 20.0% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of macroeconomic and industry-specific factors. Europe is anticipated to continue to be at the forefront of global demand, with the market in the region expanding at a CAGR of above 19.4% during the forecast period. Technical advancements, increased digitization, and presence of a large number of electronic shelf label hardware, software, and service providers are anticipated to drive the electronic shelf label market in Europe.

Rising Significance of Automation in Retail Industry and Technological Advancement across the World Driving the Global Electronic Shelf Label Market

Growing adoption of store automation and integration of electronic pricing is expected to boost the electronic shelf label market in the coming years. Moreover, technological advancement and stringent regulations against misleading product pricing are likely to drive the growth of the market during the forecast period. Presence of large number of electronic shelf label system providers and post-sale service providers across regions has led to a subsequent rise in demand for electronic shelf labels. This is likely to propel the growth of the market during the forecast period.

In terms of electronic shelf label hardware and software, both Europe and North America are mature regions of the market, due to high awareness about electronic shelf label systems among users and technological developments. However, the market in Asia Pacific is estimated to expand at a robust pace during the forecast period. Rise in penetration of technology as well as significant investments in the optimal utilization of digital pricing systems across countries such as U.K., Germany, France, the U.S., China, India, and Brazil are anticipated to offer lucrative opportunities for electronic shelf label system providers in the near future.

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Electronic Shelf Label Market: Scope of the Report

Based on component, the global electronic shelf label market has been segmented into hardware, software, and services. The hardware segment held a significant market share and is anticipated to remain dominant over the forecast period in terms of revenue. The hardware segment has been further divided into labels (product) type and infrastructure. The labels (product) type based sub-segment accounted for a prominent market share globally, followed by the infrastructure sub-segment, in terms of revenue. Labels (product) type segment is categorized into LCD ESL, segmented E-paper ESL, and full-graphic E-paper ESL. Among these, both LCD ESL and full-graphic E-paper ESL are witnessing prominence in the electronic shelf label market. Moreover, the adoption rate of full graphic E-paper ESL among retailers has gained rapid prominence and is projected to expand at a significant pace over the forecast period due to its low power consumption, high visibility, and paper like display.

In terms of revenue, the software segment is expected to expand rapidly over the forecast period. The software segment has been further divided into pricing and shelf management software and other digital infrastructure. The pricing and shelf management software based sub-segment accounted for a prominent market share globally due to its increasing use in retail stores for digital price tagging and superior product management. The services segment is categorized into support and maintenance, installation, and training and consulting. The installation service sub-segment is expected to occupy leading market share over the forecast period, whereas training and consulting segment is projected to expand rapidly in the coming years as major retail stores are offering proper training and consulting to employees on digital product pricing techniques. The report includes analysis of the electronic shelf label market by region, segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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Food Wrap Films Market is set to Expand at a CAGR of 2.1% during 2018-2026

Transparency Market Research delivers key insights on the food wrap films Market in its published report, titled “Global Food Wrap Films Market: Industry Analysis and Opportunity Assessment, 2018–2026”. In terms of revenue, the global food wrap films market is estimated to expand at a CAGR of 2.1% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in this report.

Food wrap films are used to wrap food products to protect them from contamination, keep food fresh and enhance the shelf life of the food. Food wrap films are generally used for short-term preservation of prepared food. Besides, they are also used to package confectioneries like chocolate and to wrap processed food to keep them fresh for an extended period. Furthermore, food wrap films are used to pack ready-to-eat food.

The global market for food wrap films market is segmented as per material type and end use. The growing demand for on-the-go food and requirement of the increased shelf life of food from the consumers is acknowledged as a critical factor driving the food wrap films market. On the basis of material type, food wrap films are segmented as aluminum, plastic & paper. Among these aluminum type of food wrap films accounts for the most significant share. On the basis of end-use, food wrap films are segmented into retail, food service and food processing. Food service segment is expected to dominate the market share in the forecast period 2018-2026.

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The North America food wrap films market includes country level analysis for the U.S. and Canada. The Canada food wrap films market is anticipated to register higher CAGR during the forecast period as compared to that of U.S. due to the maturity attained by the demand for packaged food in the country.  Aluminum is expected to dominate the food wrap films market in North America. Food service is estimated to lead among the end-uses for food wrap films for the forecast period. The Latin America food wrap films market includes country-level analysis for Brazil, Mexico and rest of Latin America. In Latin America food wrap films market, Mexico is projected to register the highest growth rate for the forecast period.

Brazil is expected to dominate in terms of market share by the end of 2018. The Europe food wrap films market includes country-level analysis for Germany, Italy, U.K., France, Spain, Benelux, Nordic, Russia, Poland and Rest of Europe. Germany, Italy, France, and U.K. are estimated to collectively account for more than half of the Europe market share by the end of 2018. Benelux is projected to have the highest CAGR during the forecast period. The Asia Pacific food wrap films market includes country-level analysis for China, India, ASEAN, Japan, Australia & New Zealand and Rest of APAC. China and India are projected to register the very high CAGR by the end of forecast period. Aluminum segment is expected to dominate the APAC food wrap film market. Plastic is estimated to have the highest incremental opportunity in global food wrap films market. The Middle East and Africa (MEA) food wrap films market include country-level analysis for GCC, North Africa, South Africa and Rest of MEA. GCC is estimated to dominate MEA food wrap films market share during the forecast period. Plastic-type food wrap films are projected to register the highest CAGR.

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Global Enterprise VSAT System Market Expected to Reach US$ 6.46 Bn by 2026

According to a new market report published by Transparency Market Research, the global enterprise VSAT system market was valued at US$ 3.48 Bn in 2016 and is expected to expand at a CAGR of 7.0% from 2018 to 2026, reaching US$ 6.46 Bn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the enterprise VSAT system market in 2016.

Advancements in the technology of VSAT systems is driving the global enterprise VSAT system market

Improvements in the technology of VSAT systems permits optimized transponder utilization of HTS. This is done by supporting higher modulation schemes, such as 32 Amplitude. This situation is expected to fuel the adoption of enterprise VSAT system and increase the capacity of the usage of the transponders. An improvement in telecom networks worldwide has enhanced the uplink and downlink data speed. Enterprise High-Throughput is a rapid satellite service of broadband that is available in the market. Increasing applications of satellite services in anticipated to boost the enterprise VSAT system market. VSAT being a geosynchronous satellite, floats on a fixed spot and can cover a third of the Earth’s surface with its beam and can provide connectivity to any area covered by the satellite beam. In addition, the cloud offers many opportunities to reduce costs and grow a business. Cloud-based services often present a more economical and simplified solution to the user, but consequently make a highly reliable and robust connection to the Internet that much more critical. Satellite broadband offers a truly unique connectivity solution in many regions of Africa and the Middle East where terrestrial bandwidth may be sparse or unavailable.

Enterprise VSAT System Market: Scope of the Report

The global market for enterprise VSAT systemis segmented on the basis of component, type, enterprise size,industry, and geography. On the basis of component, the market has been segmented into hardware and services. The hardware segment is further segregated into antennas, modem, and others. The services segment includes maintenance and installation. In terms of type, the market has been divided into dedicated bandwidth VSAT system and shared bandwidth VSAT system.

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Dedicated bandwidth VSAT system is anticipated to hold the largest market share during the forecast period. This is because dedicated bandwidth VSAT system is one of the most reliable Ku-Band and C-Band VSAT services available in today's market. Based on enterprise size, the global Enterprise VSAT System marketis bifurcated into small & medium enterprises (SME’s), and large enterprises. In terms of industry, the market is divided into industrial and enterprises. The industrial segment is further classified into aerospace & defense, manufacturing, energy, oil & gas, and telecom. The enterprises segment is further classified into BFSI, IT, retail, entertainment &media, education, healthcare, and government.

Geographically, the global enterprise VSAT system marketis bifurcated into North America, Asia Pacific, Europe, South America, and Middle East& Africa. North America is estimated to account for the largest market share in 2018 due to technological advancements and increasing usage of enterprise VSAT system in aerospace, and defense. Asia Pacific is expected to expand at the highest CAGR during the forecast period. For instance, in India Hughes has begun its own HughesNet Global Education service in 2002 and this has grown consistently over the last couple of years and now has almost 30,000 students as its Alumni. Hughes Communications India Ltd. (HCIL) has also supplied 15 hubs for the Indian government’s EDUSAT program and currently manages education services through VSAT at more than 3,000 institutions and learning centers across India.

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Hardware as a Service Market Expected to Reach US$ 304.80 Bn by 2026

According to a new market report titled Hardware as a Service Market -Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026, published by Transparency Market Research, the global hardware as a service (HaaS) market is expected to reach US$ 304.80 Bn by 2026, expanding at a CAGR of 25.6% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of macroeconomic and industry-specific factors. North America is anticipated to continue to be at the forefront of global demand, with the market in the region expanding at a CAGR of above 24.6% during the forecast period. Technical advancements, increased digitization, and presence of a large number of hardware solutions and services providers are anticipated to drive the hardware as a service market in North America.

Rising Significance of IT and Telecom Industry and Technological Advancement across the World Driving the Global Hardware as a Service Market

Increase in the adoption of new IT solutions with modern consumer trends in different organizations and IT modernization is expected to boost the hardware as a service market in the coming years. Moreover, increase in demand for HaaS from the IT and telecom industry is expected to fuel the growth of the market in the near future. Companies are increasingly adopting HaaS solutions which are outsourced by third-party vendors, to reduce their operational costs and increase their revenues. This is likely to propel the growth of the market during the forecast period.

In terms of hardware as a service systems, both North America and Europe are mature regions of the market, due to high awareness about hardware as a service among users and technological developments. However, the market in Asia Pacific is expected to expand at a robust pace during the forecast period. Rise in penetration of technology as well as significant investments in the optimal utilization of information technology hardware across countries such as the U.S., U.K., Germany, France, China, India, and Brazil are anticipated to offer lucrative opportunities for hardware as a service providers in the near future.

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Hardware as a Service Market: Scope of the Report

Based on component, the global hardware as a service market has been segmented into hardware and professional services. The hardware segment i.e. hardware installation and procurement held significant market share and is anticipated to remain dominant over the forecast period in terms of revenue. The segment has been further divided into desktop/PC, computer networking devices, storage devices, and others. Others segment includes printers, scanners etc. The desktop/PC hardware sub-segment accounted for a prominent market share globally, followed by the computer networking devices sub-segment, in terms of revenue. However, the storage devices sub-segment is expected to expand significantly over the forecast periodowing to the rapid increase in the amount of data generated by users. The professional services segment is projected to expand significantly in the coming years due to the increasing adoption of support and maintenance services, and consulting & integration services by various industry verticals. The report includes analysis of the hardware as a service market by region, segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Based on hardware model, the desktop/PC as a service segment accounted for a major share of the global market in 2017, followed by the infrastructure as a service segment. As per the research study, the desktop/PC as a service segment is projected to expand at a rapid pace between 2018 and 2026 and is expected to maintain prominent market share globally by the end of the forecast period.

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