Tuesday, 26 February 2019

Application Lifecycle Management Market Research Report Analysis and Forecasts to 2023

  February 26, 2019    No comments
Application lifecycle management makes a delivery of development, governance, and maintenance for application software. The major parts of application lifecycle management are build, design, requirements management, testing; and change, project, integration, and release management. The modern software development process is quite a complicated one. The traditional and conventional software development lifecycle (SDLC) has been applicable only to the process of development, whilst application lifecycle management works for the entire application lifecycle, from planning to deployment.

The players that are operating within the international market for application lifecycle management are developing a number of solutions for their customers in a bid to gain a competitive edge amongst other peers, as Transparency Market Research (TMR) states in its new study. Key application lifecycle management vendors that are operating in this market comprise eminent names such as Polarion Software GmbH, VersionOne, Inc., Atlassian Corporation Plc, Inflectra Corporation, HP Development Company, CollabNet, Inc., Parasoft Corporation, IBM Corporation, Microsoft Corporation, L.P., and Micro Focus International plc.

The international market for application lifecycle management generated revenues of around US$ 2.04 Bn in the year 2014 and is projected to expand at a growth rate of 8.9% CAGR over the period of forecast that extends from the year 2015 to the year 2023 so as to reach around US$ 4.39 Bn by the end of forecast period.

North America and Europe to Lead the Market Over the Period of Forecast   

The world market for application lifecycle management has been regionally segmented into the geographies of South America, North America, Asia Pacific, Middle East and Africa, and Europe. Out of all of these regions, North America and Europe are the major geographies that have been estimated to drive the growth of the world market for application lifecycle management market, states a TMR analyst.


The fast uptake of various types of mobile devices and the growth in the number of browsers/platforms across the globe has generated the need of a creation of a large number of mobile applications that need an efficient application development lifecycle. The increasing number of mobile devices would also lead to multiplatform complexity, which in turn increases the demand for application lifecycle management solutions. The need for greater efficiency across various teams and augmented engineering productivity are also factors that have been driving the market for application lifecycle management across the globe.
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Home Networking Device Market is Growing Due to Increasing Disposable Incomes

  February 26, 2019    No comments
The three leading players in the global market for home networking devices in 2014 were TP-Link Technologies Co., Ltd., ASUSTeK Computer, Inc., and D-Link Corporation. Their lead in this market is attributed to their greater focus on constant product innovation and a wide global distribution network.

According to a recently published report by Transparency Market Research, product development and innovation are essential for home networking devices providers to stay ahead of the curve in a technology industry that evolves by the day.

Armed with a CAGR of 7.0% within a forecast period from 2015 to 2023, the global market for home networking devices is expected to reach US$14.35 bn by the end of 2016 and US$23.23 bn by the end of 2023.

Wireless solutions not only continue to be the more popular solution in home networking devices, but the disparity between wired and wireless networking device revenues is expected to grow even further. By the end of 2023, the revenue generated by wireless home networking devices is expected to reach US$14.81 bn.

Routers have consistently been the leading home networking device components in terms of consumption. By the end of 2023, US$8.61 bn are expected to be generated by home networking device providers through the sale of routers.


By 2023, Asia Pacific is expected to generate a revenue of US$7.20 bn for its home networking devices providers. This region’s leading share in the global home networking devices market is attributed to its high population density coupled with the increasing disposable income among urban consumers.
North America is expected to lose part of its share to Asia Pacific due to an increased focus by home networking devices companies on emerging economies. North America, nonetheless, will continue to be a key contributor to the global demand for home networking devices.

High Demand for Home Connectivity Likely to Boost Need for Home Networking Devices

“More and more consumers are looking towards wirelessly connected devices operating within their homes. The scope of application of connected devices is increasing day by day, and so is the bandwidth that the devices can communicate on,” states a TMR analyst.
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Mechanized Irrigation Systems Market – North America Serving Maximum Demand

  February 26, 2019    No comments
The global mechanized irrigation systems market has been envisaged in a report by Transparency Market Research (TMR) to bear a highly fragmented nature until the end of the forecast tenure 2016-2024. Several leading players could look to acquire new companies entering the industry. However, other business tactics involving new product launch, expansion, and agreement have been foreseen to be used in the market to gain a strong position in the coming years. Some of the prominent names operating in the industry are Lindsay Corporation, Jain Irrigation Systems Limited, Hunter Industries, EPC Industries Limited, and Driptech India Pvt. Ltd.

TMR has envisioned the global mechanized irrigation systems market to register a 14.9% CAGR during the aforementioned forecast tenure. By the final forecast year, the market could be valued at a US$35.0 bn. On the basis of type, center pivot irrigation systems have been projected to continue their lead in the market from the recent past. By region, North America could account for a lion’s share of the market in the near future.

Remedying of Low Agricultural Production Raises Demand

The need to rectify inefficient irrigation systems and low agricultural production to improve crop productivity has been prophesied to be one of the crucial factors enhancing the demand in the world mechanized irrigation systems market. Agriculture could play a significant role in positively impacting the economic development of a nation. A number of mechanized irrigation systems are used in agriculture for applications such as watering crops. Impact sprinklers, moving water nozzles, lateral move systems, central pivot systems, and sprinklers are some of the common watering systems engaged in agricultural activities.


The demand for mechanized irrigation systems has been foretold to gain momentum because of the decrease in resource costs. As a result, mechanized irrigation systems could be highly adopted for a range of applications including plantation and cultivation, besides agriculture. Low cost of irrigation followed by improved productivity, government investments and promotions, and rising awareness about the benefits of using mechanized irrigation systems in farming could be among strong growth factors of the market.

Consistent Maintenance Requirement Throws Wrench in Works

TMR analysts have identified two leading growth restraints of the international mechanized irrigation systems market: constant need for equipment maintenance and expensive initial investment. Although these restraining factors have been expected to hamper the demand for mechanized irrigation systems, there could be other factors creating robust growth opportunities in the coming years.
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Flexible Packaging Market to Boost the Growth of Packaging Industry

  February 26, 2019    No comments
The presence of large number of players in the market and entry of new entrants in the global flexible packaging market is projected to intensify the market competition. The market competition is seen on the basis of price, quality, services, and innovation. The leading players in the market putting efforts by introducing innovative and bio-based packaging materials. Some of the key players in the global flexible packaging market are Berry Plastics Group, Inc., Constantia Flexibles Gmbh, Sonoco Products Co., Mondi Group, Huhtamäki Oyj, and Ampac Holdings, LLC.

In a recent report by Transparency Market Research, the global flexible packaging is expected to exhibit 5.2% of CAGR during the forecast period between 2016 and 2024. By rising at a steady CAGR the market is projected to touch US$358.7 bn by the end of 2024 progressing from US$238.5 bn as estimated in 2016.

Based on product type, the stand-up pouch segment has higher demand in the market and is likely to accumulate a valuation of US$85.9 bn by the end of 2024. This is because stand-up pouch has the ability to store different types of products and provides higher shelf life for liquid products. Based on geography, Europe is projected to lead the market and generate a revenue of US$117.7 bn during the forecast tenure. Asia Pacific also shows growth prospects for the flexible packaging market.

Application in Various Industries to Expand Market Growth 

Globally, the demand for flexible packaging has increased at a rapid rate, as it can be used for various purposes. Moreover, with advancements in packaging material and packaging technologies the demand in the flexible packaging has also grown at a significant rate. The demand for flexible packaging is also seen in various industries such as food and beverages, consumer goods, pharmaceuticals, and many others. Thus, the growing use of flexible packaging in different industries is projected to boost the demand for flexible packaging and expand the flexible packaging market.


Complex Recycling Procedure to Hamper Market Growth Opportunities

Conversely, some restraining factors that are projected to obstruct the growth of the flexible packaging market. One of the key factor is the use of multiple layer of various types of material are used that makes recycling difficult and is complicated procedure to deal with. In some of the cases plastic and metal are used together for flexible packaging which makes the recycling difficult, as plastic can be recycled is a much easy manner than metal. Moreover, the environmental norms and regulations are getting restrict day by day, which is also hindering the growth of flexible packaging market at the global level.
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Gesture Recognition Market – Hospitality to Grant Most Attractive Growth Opportunities

  February 26, 2019    No comments
A new publication by Transparency Market Research states that the competitive landscape of the global gesture recognition market is recognized with just a few players like Microsoft, Intel, Apple and Google. The main emphasis of these key players is to produce technological beneficiaries that helps to improve their already existing products as well as diversify and expand product portfolios in the market. Regional players are also displaying enormous growth potential and attracting big investors, taking the competition to a whole new level. The increasing popularity of gesture recognition in electronic gadgets have brought about rise in various industries like smart homes, industrial automation, and automobiles. The automobile industry is predicted to gain momentum with the growth of world gesture recognition market in the years to come.

TMR reports the market valuation for gesture recognition around us$ 11.60 bn as of 2015. Over the forecast period extending from 2016 to 2024, the market is predicted to reach a valuation of US$ 48.56 bn by 2024 with a double digit growth rate of 16.2% rise.

North America accounts for the largest share of revenue at almost 35% of the global gesture recognition market as per statistics gathered in 2015 by TMR.. Over the forecast period mentioned above, the North American market is forecasted to grow at a rate of 15.1% CAGR. Asia Pacific is estimated to distribute North America’s share over the forecast period.

Consumer Electronics is estimated to account for a 35.5% share in the market globally as of 2015. Products such as smart TVs, cameras and multimedia consoles of automobiles will make consumer electronics one of the most attractive application areas with a CAGR rise of over 14.6%.


Gesture recognition market is anticipated to experience the rise of highly advanced and innovative features. The market is undergoing immense flow of investment due to the popularity of largest technology brands and extensive research and development work. The gesture recognition technology comes with the capability to communicate machines with humans.

The adoption of gesture recognition application in place of touch-based control system is predicted to be influencing the international market immensely with a positive impact due to its rising application of gesture recognition technologies in automobiles. There is an increasing usage of this technology across various other industries like medical centers, aerospace, consumer electronics, defense, automotive, and industrial automation and this trend is estimated to continue its role as prime contributor to the world gesture recognition market.
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Disposition of Obsolete Equipment in an Ecofriendly Manner to Expand Cloud Computing Data Center (ITAD) Market

  February 26, 2019    No comments
The global cloud computing data center IT asset disposition (ITAD) market has a consolidated vendor landscape as few leading companies enjoy the larger share of the market. ITRenew Inc., Arrow Value Recovery Inc., Cloud Blue Technologies Inc., Sims Recycling Solutions Inc., and Apto Solutions dominates the overall ITAD market. Moreover, rising adoption of cloud services and cloud computing ITAD software and solutions have increased opportunities for cloud computing service (CCS) providing companies, including Facebook, Google, Apple, and Amazon. Entry of new players offering enhanced products will likely change the market dynamics in the near term.

According to the Transparency Market Research, the global cloud computing data center IT asset disposition market is anticipated to rise at a steady growth rate of 5.7% between 2016 and 2020. Thus, by rising at this rate the market is estimated to reach a valuation of US$4.6 bn by the end of 2020 progressing from US$3.5 bn as estimated in 2015.

In terms of solution, the data sanitization segment is predicted to hold larger share in the global cloud computing data center IT asset disposition market during the forecast period. On regional front, North America hold larger share and dominates the global market on the basis of growing demand for safe disposition of discarded IT assets. The IT asset is accumulated due to rapid upgrading of technologies in North America, thus driving sales of cloud computing data center IT asset disposition. In addition, Asia Pacific market for cloud computing data center ITAD is also expected to grow at significant rate in coming years.


Proper Disposition of Rejected Assets to Fuel uptake of Cloud Computing Data Center ITAD

Globally, increasing use of advanced technologies such as big data analytics and cloud computing have reduced the lifespan of IT equipment. In addition, the application of cloud services has also grown massively across the world; therefore, the need for proper management and disposition of discarded assets has gained tractions.  By using ITAD that helps in disposing unwanted and obsolete equipment in an ecofriendly manner has helped the market to grow at significant rate. In addition, the rising need for managing proper, safe retirement along with expanding data security keeping in mind environmental concerns has further augmented the demand in this market.
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Global Antimicrobial Packaging Market: Growing Disease Awareness to Emerge as Boon, finds TMR

  February 26, 2019    No comments
The global antimicrobial packaging market is expected to witness a highly intense competitive scenario in the coming years, states Transparency Market Research (TMR) in a research report. The increasing competition can be attributed to the presence of several regional and global players of small, medium, and large scale. The crème of the crops present in the market are The Dow Chemical Company, BASF SE, Sciessent LLC, and Takex Labo Co. Ltd. The companies are likely to get attracted by the opportunities present in the Asia Pacific region. The players are likely to highly benefit from this market owing to the rising demand for convenience food in the region along with proliferating health concerns among the people living in the region which will give the players a better opportunity to enhance their reach, thus further intensifying a competition.

According to a TMR analyst, “The global market for antimicrobial packaging is expected to witness a 5.1% CAGR from 2016 to 2024. The market is expected to be worth US$15.31 bn by the end of 2024 rising from a valuation of US$10.28 bn in 2016.”

Plastics to be in Ultimate Demand 

On the basis of materials, the global market has been segmented into plastics, biopolymers, paperboards, and tin, among other minority materials. Among all these, plastics have emerged as the most loved material and have been gaining popularity owing to their superior features related to chemical, mechanical, and physical formulations. Plastics are effortlessly pliant, can give adequate levels of flexibility, security against tears, numerous layered packaging, all requiring little to no effort when contrasted with other packaging materials.

Region-wise, the market has been segmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Asia Pacific emerged as the leading region in 2015 accounting for a share of 33.3% in the same year. It is expected to maintain the leading position until the end of the forecast period.


High Shelf Life Provision to Augment Demand

The expanding examples of waterborne and foodborne diseases, cost expansion food and beverages industry, and growing awareness regarding food shortage around the globe is setting a ton of consumers at a spot where they need to maintain a strategic distance from wastage of food however much as could reasonably be expected. This need is enlarged by the general household inclinations with the average workers of accumulating certain sorts of beverages, mixers, condiments, spices, and food products.

On the whole, this structures the main factor driving the worldwide antimicrobial packaging market, because of the reasonable lead that antimicrobial packaging holds as far as broadening the time span of usability of its consumable substance. Producers of food products and also the basic consumer statistic is currently searching for approaches to build the general life expectancy of food and beverage products and this pursuit drives them to the few sorts of antimicrobial packaging accessible today.
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...