Wednesday, 1 April 2020

Cloud Based Simulation Application Market Growth Analysis and Forecast 2020

  April 01, 2020    No comments
The concentration of a multitude of service providers renders a high degree of competition in the global cloud based simulation application market, says Transparency Market Research (TMR) in a new report. To stay competitive, key players are striving to differentiate their service offerings and also add innovative functions and technologies to their existing services. In this scenario, partnerships, mergers and acquisitions are the sought after strategies for success that key players are resorting to.
According to TMR, some of the key companies operating in the global cloud based simulation application market are ANSYS Inc., Autodesk Inc., Dassault Systemes, Exa Corporation, Fieldscale, MSC Software, Rescale Inc., Siemens PLM Software, SimCore Technologies, SOASTA Inc., and SimScale. 
According to the TMR report, the global cloud based simulation application market was pegged at US$3,259.8 mn in 2016. By the end of 2015, the market is projected to be worth US$8,451.5 mn progressing at a healthy 11.4% CAGR during the forecast period between 2017 and 2025. Based on solution, software as a service (SaaS) held the leading share of more than fifty percent in the overall market in 2016. By application, process improvement segment held more than 30% market share in 2016. Regionally, North America held the leading share in the global cloud based simulation application market in 2016.
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Equipped with Inbuilt Capabilities, Cloud Based Simulation Application Enhances Process Efficiency
“Simulation software applications are used across a host of industry verticals for various functions,” says a TMR analyst. They are used to provide training, efficient use of available resources, and to predict process outcomes by enhancing process efficiency. Simulation software applications are equipped with inbuilt capabilities to measure, simulate, restructure, and manage risks. Due to this, simulation software applications enable users to deliver high quality products with shorter time to market.
The rising demand for industrial automation also accounts as a key growth driver of cloud based simulation application market. The demand for cloud based simulation application has been on the rise from automotive, defense and aerospace, and manufacturing sectors over the last couple of years.
Several companies are investing in simulation technology and its application with the objective of sustainable development which is expected to drive the growth of cloud based simulation application market in the upcoming years. For example, key players such as Dassault Systems, Autodesk, and Siemens PLM Software among others are focused on technological innovation to provide best web based simulation application which is contributing to the market’s growth.
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Apart from this, training, process improvement application are some other progressive areas that are anticipated to display a considerable demand for cloud based simulation application in the upcoming years. This is mainly because of increased accessibility via Software as a Service (SaaS) solution model.
Lack of Technical Expertise Hinders Growth
On the downside, insufficient technical expertise to operate cloud based simulation application is challenging the market’s growth. High complexities involved in cloud based simulation application requires critical programming capabilities. This makes it particularly difficult for first-time users to learn the designing process of cloud based simulation.
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Fresh Meat Packaging Market Growth and Analysis

  April 01, 2020    No comments
Transparency Market Research delivers key insights on the fresh meat packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019 - 2027. In terms of revenue, the global fresh meat packaging market is projected to expand at a CAGR of 4.5% during the forecast period, due to several factors, about which, TMR offers detailed insights and forecast in this report.
Meat, being a perishable product, gets easily damaged when left uncovered and unprocessed in ambient temperature. As cured meats degrade in the presence of oxygen, it is important to adopt a packaging system to offer consumers with healthy and safe food. The need for sustainable packaging that can hinder microbial growth and prevent contamination leads to the introduction of fresh meat packaging. Fresh meat packaging extends the shelf life of fresh meat, keeping it fresh for a long duration. Innovations in the preservation process by manufacturers continue to search for a packaging solution that can extend the shelf-life of meat products as well as be safe and eco-friendly.

Asia Pacific excluding Japan, in terms of fresh meat packaging, covers more than 20% of the global fresh meat packaging market, and is anticipated to maintain its prominence over the forecast period. India & China are the most attractive markets for the extensive growth of the fresh meat packaging market. The markets in China and India, collectively accounted for ~60% of the APEJ fresh meat packaging market in 2018. Increased consumer convenience is the major trend for fresh meat packaging in the Asia Pacific region. A packaging that can avert the spoiling of fresh meat for a longer duration, providing safety to consumer, drives the fresh meat packaging market.

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North America dominates the global fresh meat packaging market with an expected market share of ~30% over the forecast period. Western Europe is expected to have a decent share of ~18% in 2019. The U.S. represents ~90% of the fresh meat packaging market in North America, while Canada is estimated to expand at an impressive CAGR of 4.5% during the forecast period.

In spite of being a matured market, Western Europe is expected to represent an incremental opportunity of ~US$ 110 Mn by 2027. The Western Europe region holds ~one-sixth of the global fresh meat packaging market share. However, it is expected to experience less growth as compared to the market in APEJ over the forecast period.
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Remote Browser Market Growth and Trends 2020

  April 01, 2020    No comments
The rising demand for improved internet connectivity and recent technological advancements harvest immense opportunities for the global remote browser market. Besides rising growth rate, the market is likely to witness competition intensifying even further in the coming years.
The booming market has attracted several small and medium-scale secure browsing solution providers over the last few years. Transparency Market Research (TMR) expects a flurry of new entrants in the coming years, indicating toward a robust future for the market. Some of the top market players are eyeing on strengthening their footprint by acquiring smaller yet promising enterprises. Besides this, the market has witnessed several mergers and strategic collaborations in the past years intended at given businesses impetus.
Several market players are strategizing to work with secure browsing solutions. Some of the other companies are focusing toward partnerships to offer networking and improve cyber security solutions. Through this, the companies are aiming at emerging at the market’s fore. According to TMR, Tucloud Federal Inc., Symantec Corporation, Cyberinc, Bomgar Corporation, Citrix Systems, Inc., Light Point Security, Ericom Software, Bromium, Inc., Authentic8, Inc., and Menlo Security are some of the renowned companies operating in the global remote browser market.
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TMR has pegged the global remote browser market at US$1,026.8 mn in 2016. Exhibiting an exceptional CAGR of 19.6%, the global market is forecast to reach US$5079.8 mn by the end of 2025. Regionally, North America held the largest market share in 2016 and is likely to remain the dominant regional segment through the course of the report’s forecast period. Soaring threats of cyber-attack and escalating demand from the US will aid the market’s expansion in North America. Among end users, the BFSI segment is likely to exhibit high demand in the coming years.
Market to Gain Impetus from Rising Investment in Advanced Technologies 
In the last few years, the demand for remote browsing solutions has risen as they provide an effective platform to protect network and enterprise systems from web-borne attacks. This is achieved by isolating end users’ web browsing activities onto a remote virtual server. Various factors have supported the global remote browser market in achieving robust growth over the last few years. For instance, the market has significantly benefited from the presence of a well-established companies and emerging players, alike.
Currently, players can be seen investing in advanced technologies. Also, they are willingly spending on secured browsing solutions. Also the investment in security industries has surged considerably in the last few years. It is highly unlikely for these investments to wither away anytime soon especially when the market players are looking to address emerging security needs. Spurred by these factors, the global remote browser market will exhibit strong growth in the coming years.
Increasing Number of Internet Connected Devices to Create Lucrative Prospects
Furthermore, the market is likely to gain from the rising number of internet connected devices. The increasing demand for remote browsing will also offer lucrative opportunities to the market in the coming years. With recent advancements in technology and the mounting risk of malware attacks and hacking sensitive data, the demand for advanced remote browser is likely to augment further in the coming years. According to TMR, the key trend supporting the market’s expansion is the uptake of browser isolation tool. In the coming years the demand for cloud-based remote browsing solution is likely to surge further. In which case, the global remote browser market will have lucrative prospects to capitalize on in the coming years.
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Dock and Yard Management Systems Market Scope and Trends Outlook

  April 01, 2020    No comments
The increasing penetration of the global dock and yard management systems market has wooed several regional and global companies to expand their footprint worldwide. Besides this, the key market players are focusing on product differentiation and adding innovative edge to their products and technologies to upgrade their service portfolio. Through these strategies, various companies are aiming at establishing a stronger foothold in the global market.
Other than this, the market is witnessing a fair share of partnerships, mergers, and acquisitions all conducted in an attempt to emerge at the fore, finds Transparency Market Research (TMR) in a new study. Also, Manhattan Associates, 4sight Solution, Descartes Systems Group Inc., C3 Solutions, Kelley Entrematic, Softeon, Zebra, Oracle Corporation, Royal 4 Systems, and Epicor Software Corp are identified as some of the leading companies operating in the global dock and yard management systems market.
According to TMR, the global dock and yard management systems market is likely to report a CAGR of 13.9% between 2017 and 2025. By the end of 2025, the market is forecast to reach US$7,612.0 mn, as compared to US$2,377.0 mn in 2016. Regionally, North America dominated the global dock and yard management systems market, gaining from the proliferation of cloud-computing technologies in the region.
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However, over the next couple of years, Asia Pacific is likely to be the fastest growing region. Among the key application segments, the market witnesses strong demand from the manufacturing sector. However, it was the transport and logistics sector that held the dominant share of 25% in 2016.
Rising Demand for Time and Cost Saving Solutions to Boost Growth
The rising demand for cost and time saving solutions is the key reason behind growth witnessed in the global dock and yard management market. Over the last few years, technological advancements have steered the adoption of dock and yard management systems as they ensure accuracy in inventory and distribution centers and warehouses, in turn eliminating extra costs incurred in the processes.
According to TMR, warehouse management systems (WMS) and transportation management systems (TMS) fuels labor utilization significantly, they increase floor space utilization by a minimum 10%, and improves shipping accuracy by 99%, hence saving cost and time alike. Furthermore, the market is likely to gain from globalization and the rising demand for TMS and WMS solutions. It will also gain from the growth witnessed in the e-commerce industry, which demands diligent and prompt delivery of goods ordered online.
Budgetary Constraints Could Create Hindrances
On the downside, lack of awareness about cloud-based solutions and involvement of high initial costs are key challenges that the market is witnessing. Owing to budgetary constraints and ROI concerns, the growth witnessed by the global dock and yard management systems market is compromised with to an extent. 
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Global Smart Water Management Market: Key Trends and Driver

  April 01, 2020    No comments
Set to grow at a magnificent rate (CAGR - Compound Annual Growth Rate) the global smart water management market is ready to reach a significant market valuation by the end of the forecast period - from 2019 to 2027.  Some of the significant reasons behind the steady growth projected for the market over the stated period are growing demand for quality water services, and up-gradation of water related infrastructure. Besides, growing digitalization of the utilities sector is also supporting growth in the market. Additionally, it is worth noting here that the government regulations emerging in the market landscape are also favouring growth.
Global Smart Water Management Market: Notable Development
The global smart water management market is expected to grow at an impressive CAGR owing to a couple of reasons. Some of these are related to the active vendor landscape of the market. Certain developments that have happened in the recent past and are ready to shape the future of this marketscape are outlined below:
In the year 2019, Itron and Xcel Energy forged an alliance to improve market penetration (for former), and efficiency, reliability, and security (for the latter). In the same year, Maximo Asset Monitor was launched by IBM. It is a monitoring solution that is powered by artificial intelligence technology or AI. By helping high value assets (physical) gain improvement in performance, it allows for better maintenance and operations. Additionally, in 2019 itself, Kemira and ABB entered into a partnership to combine ones expertise in treatment of water with other’s automation solutions.
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It is pertinent to note here that a plethora of trends and drivers are supporting growth in the global smart water management market. Some of these are outlined below:
  • Demand for quality water management is increasing as need for water increases and its availability hits a new low. This is also the reason why governments across the world are trying to promote smart water management.
  • In order to ensure water management is proper, need to improve existing infrastructure is high and this is leading to demand for smart water management, helping the market take a high growth trajectory.
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Global Smart Water Management Market:  Regional Analysis
The Asia Pacific region (APAC) holds a major chunk of the market share and the trend is set to roll into the forecast period, for which the market is assessed in the upcoming report of Transparency Market Research. Some of the factors underscoring this growth are a massive population marking the region, industrialization, and urbanization. Besides, owing to the massive consumer base, move towards any technology would have a notable impact on the global smart water management market. Information intensive technologies are already making in-roads into the region owing to adoption by countries such as Japan, India, and China. This helps them plug demand gaps in utilities sector. Thus, it is pertinent to mention here that the region will offer players operating in the global smart water management market with great opportunities.
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Vehicle Subscription Market Future Scenario and Trends

  April 01, 2020    No comments
Vehicle subscription is a service in which consumers pay monthly fees in return for access to a variety of vehicle models. In a vehicle subscription service, the consumer can subscribe to one or more vehicles. The monthly fees includes vehicle insurance, roadside assistance, and maintenance. Generally, subscription services are provided by vehicle manufacturers. Vehicle subscription is similar to vehicle leasing, the only difference being that, in subscription services, the subscriber does not have to worry about maintenance, road side assistance, and service expense of the vehicle.
The global vehicle subscription market is primarily driven by the lower cost of subscribing for a vehicle as compared to that of owning or leasing one. Moreover, in a vehicle subscription service, consumers can avail a variety of vehicle models, such as sedan, SUVs, and crossovers. Easy access to luxury and premium vehicles at a significantly lower cost, is driving the global vehicle subscription market. Owning a vehicle can be expensive in terms of cost of vehicle, insurance, maintenance, servicing, and component change. All these expenses are eliminated in the vehicle subscription service, which in turn is propelling the global vehicle subscription market. Rising consumer awareness coupled with presence of subscription service providers is another prominent driver of the global vehicle subscription market.
Major restraint to the global vehicle subscription market is the well-established vehicle leasing, rental and sharing market. A large number of vehicle leasing, rental, and shared mobility service providers are operating across the globe and hence, vehicle leasing and sharing services have a strong foothold across the globe. This, in turn, is restraining the global vehicle subscription market.
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The global vehicle subscription market can be segmented based on service provider, vehicle type, subscription type, and region. In terms of service provider, the global vehicle subscription market can be bifurcated into OEM and private service providers. The OEM segment is expanding, as several vehicle manufacturers are offering vehicle subscription services. OEMs can provide vehicle subscription services much easily due to the availability of several vehicles.
Based on vehicle type, the global vehicle subscription market can be classified into four segments. SUVs, especially premium and luxury class, are highly popular in the global vehicle subscription market, which is attributed to their comfort and convenience. Moreover, SUVs are being preferred for providing commercial services as well and hence, the demand for SUVs is likely to rise during the forecast period. In terms of subscription type, the global vehicle subscription market can be bifurcated into one vehicle subscription and multi-vehicle subscription. Multi-vehicle subscription service provides access to several models of vehicles for a specific time-period.
In terms of region, the global vehicle subscription market can be segmented into five regions. Asia Pacific comprises rapidly developing countries such as China and India. These countries have large populations with rising disposable income of individuals, which in turn is boosting the demand for vehicles across the region.
Lower cost of vehicle subscription services coupled with rising awareness about subscription services is leading to shift in consumer preference toward vehicle subscription, as compared to that of owning a vehicle. Therefore, demand for vehicle subscription services is likely to rise in Asia Pacific. North America and Europe are leading the global vehicle subscription service market, due to the presence of several vehicle subscription service providers in these regions.
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Saturating Kraft Paper Market Trends and Forecast 2020

  April 01, 2020    No comments
Transparency Market Research delivers key insights for the saturating kraft paper market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019-2027. In terms of revenue, the global saturating kraft paper market is projected to register a CAGR of 4% during the forecast period.
Growth Opportunities in High Growth Economies to Outweigh Challenges Posed by Intense Market Competition
Shifting consumer trends and technological innovations have led to players to contend with a greater number of competitors and strategic challenges, which have created new opportunities for players to come up with innovative solutions in the global saturating kraft paper market. Emerging countries, such as India, represent huge growth opportunities in the saturating kraft paper market.
The increasing usage of wood-based paneling in the corporate sector, as well as in hotels is driving the demand for saturating kraft paper. Countries such as India and China in the Asia Pacific region are expected to represent a significant share of the global saturating kraft paper market. According to the World Bank study, the organized furniture industry is expected to expand by approximately 20% every year, which subsequently further drives the saturating kraft paper market growth.
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Furthermore, saturating kraft paper market manufacturers across the globe are offering a variety of options to consumers for interior and exterior designing. Various companies in the saturating kraft paper market are offering low-pressure laminates and high-pressure laminates in a variety of basis weights. For Instance,
  • Manufacturers such as Ahlstrom-Munksjö are offering machine-finished papers for low-pressure & high-pressure laminates, which also includes pre-impregnated papers
Rising Support from Governments for Construction Industry Has Positively Impacted Saturating Kraft Paper Market
The growing building & construction industry in emerging economies of Asia Pacific has led to the rise in demand for furniture industry, which in turn has created the demand for saturating kraft paper market in the region. In the Asia Pacific region, there has been substantial growth in the number of real estate and infrastructure development projects in the past few decades. The high rate of urbanization coupled with increasing population in the region has led to a strong demand for the furniture industry. All these factors account for the growing demand for saturating kraft paper in the foreseeable future.
Moreover, the government in the Middle East region has implemented opportunities, especially in GCC countries such as Saudi Arabia and the UAE by launching several mega construction projects to boost tourism under the PPP model, which positively impacted the saturating kraft paper market in the past few years.
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The Asia Pacific saturating kraft paper market faces lucrative opportunities for growth, as it is home to some of the world’s fastest-growing economies. For instance, the retail sector in India has witnessed increasing penetration of modern retail format, which is expected to play a significant role in boosting the saturating kraft paper market growth. Growth of developed countries such as Germany and the United States is supported by strong consumer confidence. This is also one of the prime factors, which enabled smooth passage through an unstable period in the saturated kraft paper market.
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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 ...