Concrete Pumps Market Trend | COVID – 19 Outbreak, Players and Forecast to 2026

The global concrete pumps market features an increasingly competitive landscape, notes Transparency Market Research.  A majority of shares are in the hands of relatively few players. Numerous engineering companies in the concrete pumps market are launching technologically-advanced concrete pumps solutions. The adoption of these solutions help meet the wide diversity of current as well as emerging needs in the construction industry, especially in emerging industrial nations. Key players looking to expand their production facilities in North America, the Middle East and Africa, and Asia Pacific, in order to consolidate their positions in the concrete pumps market.

Some of the leading companies in the global concrete pumps market are Zoomlion Heavy Machinery Co. Ltd, The Liebherr Group, Sany Group, and SCHWING GmbH.

The global concrete pumps market stood at US$3.5 bn in 2017 and is projected to clock a CAGR of over 6% during 2017 – 2026.

Among the various end-use industries, the residential applications form the most attractive segment in the global concrete pumps market. Over the past several years, concrete pumps have found extensive applications in vertical and horizontal placement in the industry.

Regionally, Asia Pacific holds an enormous potential in the global concrete pumps market. In the next few years, the regional market is projected to rise at a prominent pace, the growth being fueled by the swift strides in construction activities in emerging economies. A promising share of revenue is likely to come from China.

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The global concrete pumps market rides on the back of strides made construction activities, where the pumping technology is employed for transporting liquid concrete. Rapid pace of urbanization and burgeoning industrialization in various developing economies have created ample scope for construction activities across the globe. This in turn is propelling the growth in the global concrete pumps market. Rising demand for concrete pumps for high-rise buildings in urban dwellings in developing and developed countries are expected to contribute substantial revenues in near future.

Growing focus on clean energy technologies in residential and industrial constructions is creating large lucrative avenues for manufacturers and vendors of concrete pumps. This has stimulated constant technological advancements in these equipment by manufacturers. The enormity of construction projects in countries such as India, China, and Brazil is spurring the demand for concrete pumps.

Rising demand for concrete pumps technologies for specialized jobs is bolstering the prospects of the global concrete pumps market. These need higher capacity concrete pumps in operations. Moreover, equipping concrete pumps with advanced components to make them useful in larger mobile applications bodes well for specialized applications.

Focus on Environmental Sustainability of Construction Projects opens New Prospects

Constant focus on improvements in pumping technology used in concrete pumps bodes well for the global concrete pumps market. However, the factor that underpins the drive for evolution also may hamper the prospects. Economic recession and policy paralysis in some emerging economies have slowed down construction projects in recent years. In addition, concrete pumps can prove to be costly affair for small-scale industries. All these factors are hindering the demand for concrete pumps.

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Nevertheless, the global concrete pumps market is likely to witness new, exciting avenues in the concrete pumps market. The installation of these pumps has received some thrust from increasing focus on environmental sustainability of construction projects. Such technologies are fast gaining traction in the market.

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Digital Certificates and Public Key Infrastructure Market Overview, Price, Demand and Forecast to 2025

The global digital certificates and public key infrastructure market is riding high on the back of operational efficacy of digital certifications. Digital certificates are gradually replacing their paper-based counterparts and this shift is translating into reduced cost, improved safety and security, and increased efficiency. According to a new report by Transparency Market Research (TMR), the opportunity in the worldwide digital certificates and public key infrastructure market will rise at a remarkable CAGR of 23.60% from 2017 to 2025. The market valuation is foretold to increase from US$1.95 bn in 2016 to a staggering amount of US$12.90 bn by the end of the forecast period.

Over the coming years, the expansion in biometrics and the increasing uptake of cloud-based software and block-chain technologies will support the growth of the worldwide digital certificates and public key infrastructure market. However, the lack of technical competence associated with digital certificates may create some hindrance in the near future.

Nonetheless, the surge in the use of digital documents, such as Word Docs, Excel Sheets, and PDFs, will create new opportunities for market players in the long run, balancing the impact of restraints. The integration of machine-learning and other IoT technologies in digital certificates will also aid the global digital certificates and public key infrastructure market over the next few years, notes the research study.

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The research report also presents a comprehensive analysis of the global digital certificates and public key infrastructure market based on regions. Europe, the Middle East and Africa, Latin America, Asia Pacific, and North America are considered as the key regional markets for digital certificates and public key infrastructure across the world. North America led the global market in 2016 with overall revenue of US$678.8 mn. The increasing integration of IoT technologies in digital certificates and public key infrastructure has been boosting this regional market.

Researchers expect North America digital certificates and public key infrastructure market to remain on top over the next few years. The presence of leading market participants, such as Comodo and Verisign, and IT giants, such as Google and Apple, is likely to boost the growth of this regional market in the coming years. Among others, Europe is witnessing a relatively faster growth pace, thanks to the increasing number of certificate authorities in this region. The U.K., France, and Germany are the main domestic markets for digital certificates and public key infrastructure in Europe, states the research report.

Leading Companies to Focus on Acquiring Smaller Players

The global digital certificates and public key infrastructure market demonstrates a highly consolidated business landscape. In 2016, the top four players held a share of more than 76% in this market. Thanks to their service quality, these players, namely, Comodo, Verisign Inc., Entrust Datacrad Corp., and GoDaddy Group, have established a strong presence in the global market. These companies are concentrating on continued upgradation of their regular services and frequent diversification of their value-added service portfolio. This, in turn, is increasing the competition within global market.

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Going forward, the leading players are likely to shift their focus towards strategic alliances and acquisition of local companies and startups in the near future. This trend is expected to bring in more consolidation in the market over the next few years, reports the research study.

The review is based on a report by Transparency Market Research, titled “Digital Certificates and Public Key Infrastructure Market (Solution – Hardware and Software; Deployment Model – Cloud-Based and On-Premise; Application – BFSI, Real Estate, Education and Research, Healthcare and Life Sciences, Human Resources, Legal, Manufacturing, Government, and Defense) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

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Laboratory Water Purifier Market 2020 | COVID-19 Analysis, Future Guidelines and Profit Margin Revenue & Forecast by The End Of 2022

The global laboratory water purifier market is foreseen o be highly fragmented, with the presence of various big and small companies operating in it. Owing to this, the market is likely to witness intense competitive scene. To survive in this cut-throat competition players are concentrating on product innovation and product differentiation. The major players working in global laboratory water purifier market include Elga Labwater, Merck KGaA, Pall Corporation, Thermo Fisher Scientific Inc., Sartorious AG, Evoqua Water Technologies LLC, Aqua Solutions, Inc., Chengdu Ultrapure Technology Co. Ltd, and Purite Ltd.

A key trend propelling the global laboratory water purifier market is smaller organizations getting into mergers and acquisitions and tie-ups with service providers to increase their market share. Partnerships are alternate ways through which firms are increasing their shares, specially, the industry giants. The well-established manufacturers, with their strong distribution chain and robust after-sales facilities, are consistently striving to increase their global reach and sustain the current consumer base.

As per a report by Transparency Market Research, the global laboratory water purifier market is prognosticated to expand at a CAGR of 11.6% within the forecast period from 2017 to 2022. In 2016, the market was valued around US$10.060 bn and is slated to soar around value US$19.259 bn by the end of forecast period.

Based on type, type I is utilized to purify water. Type I hold for maximum market share due to its rising applications in laboratory procedures, for example, high performance liquid chromatography (HPLC). the segment held around 42.0% overall market share. Geographically, Asia Pacific region provides the maximum revenue in the global laboratory water purifier market. The region in 2016, held a share with respect to revenue around 41.0%. In forthcoming years, Asia Pacific is foreseen to sustain its dominance due to japan and China that have invested heavily in healthcare sector.

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Recent advancements are contributing to further developed laboratory water purifier frameworks with better functionalities. Rising investments, especially in the rising nations of Asia Pacific, are giving a noteworthy lift to the global laboratory water purifier market. Additional factor catalyzing development in the global market is rising utilization of the frameworks in various applications. “The extending application territories of lab water purifiers in different research facilities is likewise producing surging demand for laboratory water purifiers explicitly in Asia-Pacific.

Other than the booming web based business, the significant demand from healthcare segment and the appearance of industry explicit laboratory water purifier frameworks in the developed nations of North America and Europe are additionally supporting the development energy in the market.

Laboratory water purifier is utilized for cleaning or sanitizing tap water to an evaluation that is fit for use in laboratory methods. As these methods are expensive in nature, it is important to stop wastage that can happen because of the polluting elements present in the water.

Lack of Awareness Among Buyers to Hinder Market Growth

“On the other side, the development in the global laboratory water purifier market is hindered by the lack of awareness within clients with respects to which kind of purification is needed for the application. Nevertheless, persistent improvement is foreseen to introduce various development scope over the forthcoming period,” says the report analyst at TMR.

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The data and information presented is based on the findings of a TMR report, titled “Laboratory Water Purifier Market (Mode of Use – Point of Use, Large Central Systems, and Clinical Analyzers; Type – Type I (Ultrapure), Type II (Pure), and Type III (RO); Application – High Performance Liquid Chromatography (HPLC), Immunochemistry, Ion Chromatography, Mammalian Cell Culture, and Autoclave; Distribution Channel – Direct Sales, Distributor, and Online; End-use Industry – Environment, Food, Oil & Gas, Academic & Government, and Healthcare) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2022.”

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Document Imaging Market Overview, Trend Analytics and Forecast to 2025

Some of the prominent names operating in the global document imaging market are Fujitsu Ltd., Hewlett-Packard Company, Canon Inc., Eastman Kodak Company, Xerox Corporation, Qorus Software Ltd., CBSL Group, Epson America, Aramex, and Newgen Software Technologies. While some companies are targeting to capture increased market share by investing in research and development pursuits and develop advanced and upgraded document imaging solutions, some others are expanding their market share by entering into strategic alliances and partnerships.

A report by Transparency Market Research estimates the global document imaging market is likely to expand at a healthy 13.8% CAGR between 2017 and 2025. Progressing at this rate, the market is estimated to become worth US$153.05 bn by 2025 increasing from US$48.16 bn in 2016.

The segments of the global document imaging market depending upon service are cloud and on-premises. While currently on-premises leads the market, the segment of cloud service is expected to display robust growth over the market and surpass the market share of on-premises.

The global document imaging market classified based upon region are North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America which is segmented into the U.S. and Rest of North America captured the leading share in 2016 backed by the growth in production facilities and rising demand for digitalized documents. However, Asia Pacific displayed the leading growth in 2016 due to rapid adoption rate of digitalization solutions over the years.

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Economic Benefits coupled with Reduced Risk of Loss of Documents Augments Growth

The growth of the global document imaging market is driven by several factors, of which rising demand for big data handling and analytics is a key one. The impact of this driver is currently high and is expected to be significant over the forecast period. Big data analytics is a new revenue generating stream that holds massive growth potential for an organization.

Besides this, rising adoption of compliance initiatives, distributed capture, and need to reduce expenses by investing in advanced document processing are some other factors that the document imaging market is benefitted from. This is because installing document imaging has significant benefits in terms of cost savings and time savings. This solution does not require huge manpower to scan documents with the additional benefit of reduced risk of loss of documents if transmitted in digital form. While the impact of this driver is moderate currently, it is expected to be high over the forecast period.

The rising trend of digitalization of medical records holds immense potential for the growth of this market. The maintenance of Electronic health records (EHR) in medical institutions is totally paperless and is dependent on scanning of documents. Law firms that deal with large volume of paper work is also paving way for growth of document imaging market globally.

Furthermore, customers are ready to spend premium amounts to receive robust document imaging solutions. Dealers are aware about customers’ demand for holistic solutions for document imaging. This factor is furthering the demand for document imaging solutions worldwide. Educational institutions that deal with large volume of documents related to registration documents, admission documents and notices amongst others is providing a fillip to the global document imaging market.

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The information presented is based on the findings of a report by Transparency Market Research, titled “Document Imaging Market (Service – Cloud and On-Premises; Component – Software and Hardware (Scanning, Printing, and Microfilm Readers); End Use – Government Organization, Law Firms, Physician Practices, and Educational Institutions) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017- 2025.” 

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Enterprise Video Content Management Market Trend | COVID – 19 Outbreak, Growth and Forecast to 2022

A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management market will continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific. For instance, about a year ago, Panopto partnered with Ramp to provide businesses and universities an optimized mode of streaming video to large and geographically distributed audiences.

Around the same time, Qumu collaborated its video content solutions with V-Cube’s conferencing system solutions to cater to targeted audiences in Japan and rest of the Asia Pacific. The report identifies IBM Corporation, Microsoft Corp., Adobe Systems, Inc., Qumu, Inc., Kaltura Inc., Panopto Inc., Brightcove, Inc., MediaPlatform Inc., Sonic Foundry, Inc., and VBrick Systems Inc. as some of the prominent companies currently operating in the global enterprise video content management market.

As per the estimations of the TMR report, the demand for enterprise video content management, across the globe, will increment at an impressive CAGR of 10.5% during the forecast period of 2017 to 2022. By the end of the forecast period, 2022, the revenue in this market is projected to be worth US$13,309.0 mn, which is substantially up from its evaluated valuation of merely US$8,070.4 mn in 2017. In the near future, most of prominent companies are expected to adopt the latest technology pertaining to communication and lure newer customers.

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The report has also noted that security of confidential information is turning into a glaring issue and several market players will aim to fix this in order to consolidate their positions, primarily by focusing on hybrid and on-premises architectures to secure video data on-premises.

Based on component type, the global enterprise video content management market currently gains maximum demand for software platform, a segment that generated a revenue of US$5,811.3 mn alone in 2017, which was nearly 72% of the overall demand. This particular segment is expected to sustain its strong demand until 2022 too, when it is estimated to be worth US$9,286.6 mn, serving 69.8% of the demand as opposed to other segment of support services. Geographically, the TMR report rates North America as most lucrative region. The North America enterprise video content management market is projected to be worth US$4,293.6 mn by 2022, expanding at a CAGR of 9.6% during the forecast period of 2017 to 2022.

Rising adoption of cloud technology, growing awareness regarding the benefits of video as a tool that can enhance communication and collaboration across enterprise on the real time, growing penetration of high-speed internet, and increasing demand for video streaming are some of the key factors augmenting the demand in the global enterprise video content management market. Almost all SaaS and hybrid vendors are offering stronger security as cloud-based platforms gain adoption. These solutions aids enterprises to improve their efficiency by enabling secure information communications, capture and manage video content, and document processing. Features such as webcam, audio recordings, creation of screen, and media publication helps the corporate organizations to access their important data from remote locations on their smartphones and tablets.

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Information Security Remains Most Glaring Hindrance

On the other hand, factors such as lack of network connectivity, technical difficulties, operational difficulties pertaining to enterprise video as a unified communication and collaboration (UCC) tool, and concerns regarding security of the content are some of the challenges that are hindering the prosperity of the global enterprise video content management market. Nevertheless, growing adoption of video analytics and increasing demand for enterprise video content management in the healthcare sectors are primed to open vast new opportunities in this market.

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Field Service Management Market Analysis, Forecast, Industry Analysis and Forecast 2020-2025

In a recent report published by the Transparency Market Research on the global field service management market states that the market is projected to experience a healthy growth in the forthcoming years. The report provides detailed analysis on this market including the revenue generation that is expected to be close by US$ 8.5 billion by the end of 2025. The market is also projected to progress at 14.1% CAGR during the period of eight years from 2017 to 2025. Thus, analysis states that the global field service management market has huge growth potential in the near future. 

Witnessing this high growth potential, the players in the global field service management market started exploring their avenues that will help them strengthening their position in the market. Currently, handful players are holding larger share in the market and making significant efforts to establish themselves strongly among their competitors. However, entry of new players providing filed services management solutions are expected to increase the competition among the players in the next few years.

These players will offer advanced and innovative facilities to attract larger number of customers that will help them in generating a strong customer base. For example, AsteaInternational Inc. recently partnered with Baxter Planning to integrate its service parts planning software into the AsteaAlliance Enterprise field service management and mobility platform. This will help the company to offer complex, and large service organizations at a reduced total inventory carrying costs.It will also assist the company to attract huge customer base. 

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Asia Pacific Offering Lucrative Growth Opportunities for Field Service Management Providers

Based on the company analysis, Asia Pacific is considered a prominent region that will further expand the growth of field service management in the coming years. Large scale industrialization and growing e-commerce in countries including India and China has made this region the global field service management market. Growing number of technology users in the region has further supported the growth of the field service management market. These two countries are considered to be the leading the region and highly profitable market for the players, thus driving the growth in the field service management market.

North America on the other hand, is highly likely to hold significant share in the market due to strong presence of leading players and high adoption of such software across many verticals. Additionally, smart and strong communication and internet infrastructure has further made North America a key region for the growth of field service management solutions.

Customers Preferring Cloud Field Service Management Solution to On-Premises

The demand for cloud field service management solution is high as compared to on-premises field service management solution. Benefits of cloud deployment include flexibility in capacity, scalability, cost efficiency, and enhanced collaboration that made this segment lead the market. implementation of cloud-based field service management solution is widely seen in small, medium and large enterprises, as it helps them to focus on their core competencies, rather than focusing on IT processes. Additionally, cloud-based field service management solutions provide a centralized means to integrate the system and its components with mobile and web applications. This results in benefitting organizations to accelerate their performance of their field representatives.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Field Service Management Market (Solution – Billing and Invoicing, Inventory Management, Mobile Field Execution, Reporting and Dashboards, Schedule and Dispatch, Tracking and Performance Management, and Work Order Management; Service – Consulting, Implementation, and Training and Support; Deployment Type – Cloud and On-Premises; User Type – Small and Medium Enterprise (SME) and Large Enterprise; Industry Vertical – BFSI, Construction and Real Estate, Energy and Utilities, Healthcare, Manufacturing, Telecom and IT, and Transportation and Logistics) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

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Marine Big Data Market Analysis, Growth, Forecast, Predicted to Accelerate by 2020-2025

Considering big data analytics in the marine sector is an upcoming technology, the global marine big data market is poised to witness a highly competitive environment. As the market is at a booming phase, Transparency Market Research (TMR) forecasts strong growth for in a new study. “In order to emerge at fore, a majority of the market players are focusing on product differentiation,” said a lead TMR analyst. “In consequence of the same, companies are in keen on adding innovative functions to the products they offer,” he added. Besides this, the market players are keen on strategic collaborations through partnerships. This would help companies operating in the global marine big data market strengthen their foothold. TMR has identified Intertrust Technologies Corporation, Splunk, Inc., Teradata, BigOceanData, Datameer Inc., among others as some of the leading companies operating in the global marine big data market.

Impacted by strategies adopted by the key market players and various other factors, the global marine big data market is forecast to expand at a robust 21.5% CAGR between 2017 and 2025. At this pace, the market’s valuation will reach US$3,240.5 mn by the end of 2025. Based on component, service segment held larger share in the global marine big data market as compared to software packages as the former offers better affordability. Regionally, Asia Pacific held lead in the global marine big data market as the region boasts the presence of large shipping corporations in South Korea, China, Singapore, and Japan.

Shipping is highly regulated and responsible nearly 3% of carbon emissions reported globally. Considering the high dependence of global trade, the shipping industry accounts for a significantly large share of the commercial demand. In the coming years, the industry is likely to navigate through various twists and turns and bear effects of climate change, upcoming regulations, technological advancements, and energy shortages. Also several technological developments are on card for the marine sectors on account of the advent of proliferation of the sensor technology. Against this backdrop, experts are of the opinion that the marine sector is likely to develop at a rapid pace in the coming years. This will in turn create lucrative prospects for the global marine big data market’s growth.

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Ship intelligence will emerge as a driving future shaping lucrative prospects for the industry. A staggering volume of data is generated on a daily basis in marine sector. Furthermore, this data is generated from diverse sources and in diverse formats. Big data has therefore emerged as a key solution as it helps discovering correlations between various measurable or unmeasurable criteria. Results thus obtained enables determination of hidden trends and patterns.

Information Provided by Marine Big Data Considered Indispensable for Marine Sector

Marine big data provides forecasts regarding unforeseen hazards be it regarding climate or ecology and helps in decision-making. In addition, marine big data also provides valuable temporal and spatial information, besides data on water attributes such as density, salinity, temperature, and velocity. All these factors will help in growth of the global marine big data market in the coming years. As future of ship intelligence traverses beyond ultra-monitoring and nanotech, the market will welcome a fresh burst of opportunities. Experts are of opinion that in the coming years, bridges will focus on analyzing high level data to efficiently manage navigation and propulsions.

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This review is based on a TMR report, titled “Marine Big Data Market (Component – Software (Data Analytics, Data Collection Data Discovery & Visualization, and Data Management), Services (Consulting, System Integration and Operation, and Maintenance); Application – Renewable Energy, Oil & Gas, Fishery, Whale Watching, Marine Protected Area, Dredging, Harbor, and Offshore Construction; Data Source – Environmental, Oceanographic, Geological Data, and Economic) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025.”

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