Refurbished Computers and Laptops Market: Growth Opportunities to Tap into in 2020-2027

According to a new market report pertaining to the global refurbished computers and laptops market published by Transparency Market Research the global refurbished computers and laptops market is projected to reach a value of ~US$ 4.9 Bn by 2027. The refurbished computers and laptops market is projected to expand at a CAGR of ~11% from 2019 to 2027. Growth of the market can be attributed to the increase in e-waste dumping and growing demand for affordable laptops and PCs.

The refurbished computers and laptops market in Europe is anticipated to grow at a CAGR of ~12% during the forecast period. Moreover, Europe is expected to hold a leading share of the global refurbished computers and laptops market, followed by Asia Pacific. In terms of type, the laptop segment of the refurbished computers and laptops market was valued at ~US$ 922 Mn in 2017 and is expected to reach ~US$ 3.1 Bn by 2027, expanding at a CAGR of 13.6% during the forecast period.

• Increase in e-waste dumping and growing demand for affordable laptops and PCs According to the International Solid Waste Association (ISWA), every year, approximately 44.7 metric tons of e-waste is generated. Among the total e-waste, only 20% can be reused or recycled based on their condition. Increase in e-waste generated by the IT sector offers significant opportunities for refurbishing. IT companies are expected to submit their e-waste to OEMs for recycling or for refurbishment for internal office use.

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• Rise in demand for refurbished devices from ITES and IT sectors

Increase in the number of BPOs and call centers have a positive impact on the PC business. ITES and IT companies require a large number of computers and laptops. Several new BPO and call center startups are unable to afford new computer systems; these companies prefer refurbished devices as a cost-effective solution. Expansion of the IT and contact center industry in Asia Pacific and Europe offers significant opportunities for PC makers and refurbishers. Refurbished systems are available at a low cost. Moreover, OEMs offer extended warranty on devices and components.

Refurbished Computers and Laptops Market: Segmentation

The global refurbished computers and laptops market has been segmented based on type, distribution channel, end user, and region. Based on type, the refurbished computers and laptops market has been bifurcated into computers and laptops, where the computers segment has been sub-segmented into PCs and workstations. The laptops segment has been sub-divided into notebooks and Ultrabooks. Based on distribution channel, the refurbished computers and laptops market has been segmented into OEMs, distributors, and online. In terms of end user, the refurbished computers and laptops market can be segmented into enterprise (small and medium enterprise and large enterprise), educational institute, government, and personal. 

Refurbished Computers and Laptops Market: Regional Outlook

In terms of region, the global refurbished computers and laptops market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is expected to dominate the refurbished computers and laptops market during the forecast period. The refurbished computers and laptops market in Asia Pacific, North America, and South America is expected to expand at a significant rate during the forecast period.

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The report provides in-depth segment analysis of the global refurbished computers and laptops market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant shares has also been included as part of regional analysis of the refurbished computers and laptops market. 

Refurbished Computers and Laptops Market: Key Players

The research study includes profiles of leading companies operating in the global refurbished computers and laptops market. Key players profiled in the report include ASUSTeK Computer Inc., Reboot Systems, Dell Technologies Inc., Apple Inc., IBM Corporation, Samsung Electronics Co., Ltd., Amazon.com, Inc., HP INC., Acer Inc., and Lenovo. 

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Personality Assessment Solutions Market by Consumption Volume, Rising Trends and Growth Forecast to 2027

According to a new market report pertaining to the global personality assessment solutions market published by Transparency Market Research  the global personality assessment solutions market is projected to reach a value of ~US$ 6.5 Bn by 2027. The global personality assessment solutions market is projected to expand at a CAGR of ~14% from 2019 to 2027.

Over the forecast period, Asia Pacific is anticipated to grow rapidly in the personality assessment solutions market. In terms of share, the personality assessment solutions market is dominated by Europe, followed by North America. In the personality assessment solutions market, the outsourced segment was valued at ~US$ 1.3 Bn in 2018, and is expected to reach ~US$ 4 Bn by 2027, expanding at a CAGR of ~14% during the forecast period.

Proliferation of SaaS-based Solutions

The cloud-based deployment of personality assessment solutions has gained traction. This is primarily due to the development of cloud infrastructure that has enabled the easy availability of cloud storage, along with affordable pricing. An analysis of on-going trends suggests a shift toward the adoption of SaaS-based personality assessment solutions. The high cost of hardware, software, and data center operations is divided among the customers by the vendor in the SaaS-based model, thus allowing customers to avail top-of-the-line infrastructure at a fraction of the initial cost. SaaS technology helps consolidate various HRM solutions under one single package.

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Personality Assessment Solutions Market: Regional Outlook

In terms of region, the global personality assessment solutions market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is expected to dominate the personality assessment solutions market during the forecast period.

he Asia Pacific market is expected to expand with the highest CAGR, with China and India being the major markets in the region. The personality assessment solutions markets in the Middle East & Africa, Europe, and South America are also expected to expand rapidly during the forecast period.

The report provides in-depth segment analysis of the global personality assessment solutions market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries that hold growth opportunities or account for significant shares has also been included as part of the geographic analysis of the personality assessment solutions market.

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Personality Assessment Solutions Market: Competition Dynamics

The research study includes the profiles of leading companies operating in the global personality assessment solutions market. Key players profiled in the report include Hogan Assessment Systems Inc., Persona Labs, SHL, Criteria Corp., Traitify, Inc., Sigma Assessment Systems Inc., Aon plc., Development Dimensions International, Inc., and TTI Success Insights.

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Algorithmic Trading Market: Top Trends to Look for in 2020-2026

Algorithmic trading refers to a process of execution of orders through pre-programmed and automated trading instructions. It is done to account for variables like volume, timing, and price. An algorithm refers to a set of directions that is used for solution of problems. Computer algorithms send out small portions of the entire order to the market in time.

The growth of the global algorithmic trading market is majorly driven by increased demand for effective, reliable, and fast order execution. It also helps in the reduced cost of transaction, rising demand for surveillance of the market. Increased government regulations are another significant factor estimated to boost the market.

Thomson Reuters Corporation, Argo Software Engineering, Inc., MetaQuotes Software Corp., Kuberre Systems, Symphony Fintech Solutions Pvt. Ltd, and Tata Consulting Services are few of the key companies profiled in the global algorithmic trading market.

Driven by Increased Investment in Trading Technologies to Drive Growth in North America

Considering regional segmentation, North America is estimated to account for a leading share of the global algorithmic trading market during the tenure of forecast, from 2018 to 2026. The expansion of the region id ascribed to the rapid development and adoption of the algorithm trading procedure. The increased investment in various trading technologies like blockchain, growing support of government for global trading, and increased presence of several vendors in the region are likely to encourage growth of the global algorithmic trading market.

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Asia Pacific is likely to come up as a rapidly growing region. The growth of the region is mainly due to huge investment in public and private sector made for improvement of trading technologies. This has led to the augmented demand for algorithmic trading solutions for the automation of trading process.

Demand from the Financial Services Sector is Likely to Spell Growth for the Market

In the financial services sector, coming up of algorithms and artificial intelligence coupled with rising demand for surveillance of the market are likely to steer growth of the global algorithmic trading market in years to come. Demand for algorithmic trading solutions and artificial intelligence in the sector of financial services has been rising constantly. This is likely to lead to the development of the global algorithmic trading market.

In addition, there has been a rise in the adoption of non-equity trading algorithms by asset managers, which is likely to escalate the demand for artificial intelligence in the sector of financial services across the globe. Increased demand for artificial intelligence is likely to boost the global algorithmic trading market. In addition, rising demand for surveillance of the market is likely to emerge as another prominent growth factor for the global algorithmic trading market in years to come. Traders are able to monitor their pattern of investment and trading activities with the help of market surveillance technology.

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The information shared in this review is based on a TMR report, bearing the title, “Algorithmic trading market (Component – Software, Services, and Professional Services; Trading Type – Forex, Stock Markets, Commodities, Bonds, and Cryptocurrency) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 to 2026”.

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Cloud Object Storage Solutions Market: Deep Company Profiling of Leading Players 2020-2026

Cloud object storage solutions is used for storing infinite amount of data, cost-efficiently. Object storage with metadata can be accessed by Hyper Text Transfer Protocol (HTTP), Hyper Text Transfer protocol secure (HTTPS), and application program interfaces (APIs). Cloud object storage solutions does not use directory tree for data storage. Separate units of objects exist at the same level in a storage pool. In cloud object storage solution each object has a unique, identifying name that an application uses to retrieve it.

Cloud object storage solutions is used for backup & data archiving and mobile & web applications. These solutions provide strong data security and data integrity. Cloud object storage solutions automatically replicates objects through multiple domains for high durability. This helps in storing unlimited objects per bucket for large amounts of unstructured data such as backups, logs, and videos. Cloud object storage solutions are designed to provide durability, availability, scalability, and security & compliance.

The global cloud object storage solutions market is primarily driven by increasing awareness about cost-effective cloud-based solutions to enterprises. Cloud-based solutions can be accessed easily and quickly by any device with a web browser. Additionally, growing expansion of managed and professional services is expected to boost the demand for cloud object storage solutions across the globe. Moreover, rise in adoption of technologies such as big data analytics, Internet of things, and cloud computing are driving the demand for cloud object storage solutions worldwide.

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Currently, rise in demand for technologically upgraded services by organizations is anticipated to boost the demand for cloud object storage solutions globally. Furthermore, increase in demand for data protection and security by enterprises is another key factor driving the global market. Cloud-based solutions provide data protection with server-side encryption. Moreover, rising need for fast data transfer increases the demand of cloud object storage globally. However, adoption of traditional object storage solutions by end-users restrains the cloud object storage solutions market.

The global cloud object storage solutions market can be segmented based on component, deployment, enterprise size, end-user, and region. In terms of component, the cloud object storage solutions market can be classified into software and services. The services segment can be further bifurcated into professional and maintenance. Based on deployment, the cloud object storage solutions market can be categorized into cloud-based and on-premises. The cloud segment can be sub-segmented into public, private, and hybrid. In terms of enterprise size, the cloud object storage solutions market can be divided into small & medium enterprises and large enterprises. In terms of end-user, the global cloud object storage solutions market can be segregated into banking, financial services & insurance (BFSI); IT & telecom; social media platforms, and others.

Based on region, the global cloud object storage solutions market can be split into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The market in North America is estimated to expand at a substantial pace during the forecast period due to the increase in adoption of analytics by organization in cloud marketing platform in the region. Furthermore, adoption of advanced marketing techniques to enhance business is boosting the cloud object storage solution market in North America.

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The market in Asia Pacific is anticipated to expand significant pace during the forecast period. The region is estimated to create attractive opportunities in the cloud object storage solutions market in the near future. Factors such as increase in urbanization, industrial development, and advancement of technologies are propelling the demand for cloud object storage in the Asia Pacific.

Major players operating in the global cloud object storage solutions market include Dell EMC Corporation, Oracle Corporation, International Business Machines Corporation, Amazon Web Services, Inc., Hewlett-Packard Enterprise, Alibaba Cloud Computing Company, Cisco Systems, Hitachi Data Systems, Datadirect Networks, Netapp, Inc., Microsoft Corporation, and Google LLC.

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Enterprise Data Management Market Analysis, And Detailed Overview, and Forecast, 2021 – 2025

Enterprise Data Management (EDM) is an enterprise’s ability to effectively manage, integrate, disseminate, and create data for enterprise processes, entities, and applications requiring accurate and timely data delivery. EDM also addresses the concept of transmission of different datasets within applications and processes which rely on consumption of data sets to complete business transactions or processes. EDM addresses circumstances where users within an enterprise independently model, manage, store, and source data. Uncoordinated approaches can result in quality inconsistencies and data conflicts lowering the trustworthiness of data used for reporting and various operations.

EDM relates to how content gets integrated into applications as well as how the content is passed from one process to another. EDM removes organizational conflicts and issues resulting from mismanagement of data. It implements structured data delivery from data producer to data consumer. EDM comprises computing and network infrastructure, business logic and policies, and software applications used to manage enterprise data flow. Implementation of EDM requires collaboration between various departments such as finance, operations, and IT.

EDM solutions streamline business operations and also derive necessary conclusions from data. It also formulates strategy for business operations ensuring transparency in the overall enterprise system. Enterprise data management smoothens the flow of data and reduces cycle time for various tasks. This brings about efficiency and effectiveness in managing enterprises. By acting as a master data management platform, enterprise data management provides customer data which includes onboarding of new client data to integrate into internal systems of organizations.

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Enterprise data management solutions are gaining importance due to increased need for managing voluminous data generated in an organization on a daily basis. The need for framing data strategy to gain competitive and strategic advantage is driving the enterprise data management market. The amount of data generated and handled by organizations which they can use to their advantage is growing at a tremendous rate which places data management high on their agendas which is also driving the EDM market.

However, data address validation issues, data quality, and data silos are some of the restraining factors hindering the growth of the EDM market. On the other hand, EDM as a tool of taking competitive advantage is causing increasing adoption of enterprise data management by number of companies which is creating opportunities for the growth of the market. Moreover, proliferation of Big Data technology is also expected to help the EDM market grow during the forecast period.

The global enterprise data management market is segmented on the basis of component, deployment model, enterprise size, vertical, and region. In terms of component, the EDM market can be segmented into software and services. The software market is further segmented into data integration, data migration, data warehousing, data governance, master data management and others which include data quality, data security etc. The services market is classified into consulting services, training & support services, and operation and maintenance services. The EDM market is classified on the basis of deployment model into on-premise and cloud. In terms of enterprise size, the EDM market can be segmented into small & medium enterprises and large enterprises.

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On the basis of verticals, the market is classified into government, banking, financial services & insurance (BFSI), retail, healthcare, IT & telecom, manufacturing, energy & utilities, transportation & logistics and others. The market segments in terms of geographical regions are North America, Asia Pacific, Europe, Middle East &Africa (MEA), and South America.

Industry participants leading the enterprise data management market with the most significant developments are Accenture PLC, Informatica Corporation, SAS Institute Inc., Symantec Corporation, Teradata Corporation, IBM Corporation, Intel Security, Oracle Corporation, SAP SE, and Talend among others.

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Label Printing Machines Market to Witness Tremendous Growth in Forecasted Period 2021-2027

With increasing international trade and growing business and transportation across the globe has resulted in building and expanding various industries. A significant rise is seen in the printing industry with growing trade and advertisements. Increasing advertisements with growing numbers of companies and changing ways of communication has increased the demand for label printing and boosted growth in the global label printing machines market. Another significant factor that led in the growth of this market is related with the increasing pressure on manufacturers of cost-reduction for which they are investing in advanced label printing machines. This helps them in cost reduction and still maintains their prints, which will also benefit the growth in the global label printing machines market.

There are various other factors contributing in the growth of the global label printing machines market for which Transparency Market Research has published a report. In this report, all the factors influencing the market are thoroughly analyzed. Let’s take the example of revenue growth in the global label printing machines market, where the report states that by the end of 2027 the market may cross US$ 7.8billion. Over the forecast period between 2019 and 2027, CAGR is expected to be near 5%, which will assist in the market in gaining this revenue.

Extending Reach to Newer Regions – A Key Strategies Widely Used by Players

With high opportunity in this market along with high revenue generation prospects available in this market has encourage players to invest in various organic and inorganic business development strategies. Some of the prominent players operational in the global label printing machines market include Toshiba Tec Corporation, SATO Holdings Corporation, Zebra Technologies Corporation, Seiko Epson Corporation, Brother Industries, Ltd, Honeywell International, Inc., Brady Corporation, Citizen Group, and Shandong New Beiyang Information Technology Co., Ltd. (SNBC).

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Leading players in the global label printing machines market are taking stern steps in introducing new techniques to reduce increasing sales of counterfeit goods. Introduction of sophisticated security features onto product labels by leveraging barcodes and QR codes are being deployed that will allows customers to confirm the authenticity of the purchased goods.

Besides this, they are also investing in different strategies that will help them in getting higher share in against their competitors. Regional expansion is also one of the key strategy used by the players operating in this market. Tapping and establishing grounds in new regions is currently strategy that is widely accepted by number of players. This step will not only give them opportunity to grow in newer regions but will also benefit them in strengthening position in those regions.

Booming Industrial Sector Offering Higher Growth Opportunities in Asia Pacific Label Printing Machines Market

In terms of regional expansion and growth, Asia Pacific seems a very lucrative region where the global label printing machines market can grow significantly in the coming years. Booming industrial sector is a major reason for the growing demand for label printing machines in the region. Use of different innovative and advanced business development strategies has further triggered growth of label printing machines in Asia Pacific region.

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Moreover, advertising and labelling are very crucial aspects in most the sectors including food and beverages, pharmaceuticals, healthcare, and skin and personal care sector. In all these sectors, the demand for label printing machines has grown significantly for better promotion activities. With respect to country specific growth, Japan is likely to hold major share in the Asia Pacific label printing machines market.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Label Printing Machines Market (Print Mechanism: Thermal, Non-thermal; Color Support: Multicolor, Monochrome; Industry: Manufacturing, Packaging, Transportation & Logistics, Retail, Others (Research, Postal Services, Construction) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027”.

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Point-of-Sale (POS) Terminal Market | Size, Share, COVID – 19 Outbreak and Forecast to 2030

The global point-of-sale (POS) terminal market is projected to reach US$ 184.2 Bn by 2030. The point-of-sale (POS) terminal market is projected to expand at a CAGR of ~11% from 2020 to 2030. The expansion of the point-of-sale (POS) terminal market can be attributed to the rise in demand for mobile POS terminals, and enhanced customer experience and low total cost of ownership (TCO) compared to conventional channels of payment. North America is anticipated to lead the global point-of-sale (POS) terminal market in terms of revenue, followed by Europe, during the forecast period.

Small Businesses Hold Potential Opportunity with Falling Total Cost of Ownership

Small business owners are expected to opt for mobile computers that can run POS applications via the Internet. Until recently, POS systems were primarily found in large-sized retail stores and in the hospitality sector. However, the demand for mobile point-of-sale (mPOS) solutions from small sized businesses and stores is expected to rise. Furthermore, this trend is more prominent in emerging economies such as India and China, as the retail sector in these countries is dominated by small and often unorganized retail stores. According to the India Brand Equity Foundation (IBEF), the Indian retail market was valued at US$ 600 Bn in 2015, of which, organized retail accounted for 8%. Thus, a significantly large part of the point-of-sale (POS) terminal market still remains untapped.

mPOS solutions make it possible for small and medium scale businesses to leverage and deploy their front and back office functions with a single platform. For instance, using their POS-enabled mobile phones, retailers are able to enhance their sales by increasing the customer engagement level and simultaneously tracking their inventory. Payment solutions need to be simple and easy to implement in order to be considered reliable. Small businesses are expected to opt for POS systems that can support better services and can be used for customer database management. Thus, mPOS solutions are expected to become more popular than traditional solutions in the POS market.

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Point-of-Sale (POS) Terminal: Market Segmentation

The global point-of-sale (POS) terminal market has been segmented based on component, device type, application, and region. In terms of component, the point-of-sale (POS) terminal market has been segmented into POS terminal devices, POS software (cloud and on-premise), and services (consulting, integration & implementation, and support & maintenance). In terms of device type, the market is segmented into fixed POS and portable/ mobile POS. The application segment of the point-of-sale (POS) terminal market has been bifurcated into restaurants, hospitality, healthcare, retail, warehouse/ distribution, entertainment, and others (field service, government, and transportation).

Point-of-Sale (POS) Terminal Market: Regional Outlook

In terms of region, the global point-of-sale (POS) terminal market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominated the global point-of-sale (POS) terminal market and accounted for 34.6% market share in 2019. It is likely to maintain its dominance during the forecast period. The point-of-sale (POS) terminal market in North America is estimated to expand at a growth rate (CAGR) of 11.5% during the forecast period.

The point-of-sale (POS) terminal market in Asia Pacific is projected to expand at the fastest CAGR of 14.1% during the forecast period, due to advent of advanced payment technologies such as NFC and EMV, integrated with the growing adoption of payment options. The point-of-sale (POS) terminal market in Europe and South America is expected to expand moderately during the forecast period.

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The report provides in-depth segment analysis of the global point-of-sale (POS) terminal market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which offer considerable opportunities or account for significant share has also been included as part of geographic analysis of the point-of-sale (POS) terminal market.

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