Global Text Analytics Market to Be Worth Us$12.16 Bn with Increasing Priority of Consumer Preferences

According to a recent report compiled by Transparency Market Research (TMR), the vendor landscape of the global text analytics marketis estimated to show remarkable growth owing to the growing demand for IT industry all around the world. Large industries like aerospace and defense industries along with the telecom sector are major contributors of the text analytics market share worldwide. Defense and aerospace industries also implement text analytics in order to study their previous operation patterns as well as to optimize their future operations.

Some of the major players of the global text analytics market are Angoss Software Corporation, RapidMiner, Inc., IBM Corporation, Attensity Group, Inc., and Microsoft Corporation. The competitive landscape of the market is fragmented with the presence of many big vendors who are focusing more on creating their brand image the largest in order to stabilize its foothold in the market. New entrants are expected to devise strategic alliances in order to give tough competition to major players and to counterattack them in terms of drawing more revenue shares.

As per the TMR report, the global text analytics market is anticipated to earn US$12.16 bn by the end of 2024. The market is expected to expand with a healthy CAGR of 17.6% within the forecast period of 2015 to 2024. As per end-user, the military and defense sector is seen to be exceeding all other end-users by 19.7% revenue share and is expected to continue dominating the market in the future years.

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Information Technology (IT) to Bring Tremendous Growth in Coming Years

Due to the fact that data analysis provides a better understanding of the overall behavior of consumer and their priorities, the growth of the market has seen immense acceleration as more and more companies are entering the market with complete focus on text analytics enhancement. Data in the form of text overflows from multiple sources like the platforms of social media, e-mails, and reviews of consumers on various web portals of the companies. The market is competitively intense with various align strategies along with high priority to consumer preference, thus making the overall demand for market accelerate in the long run.

The telecom and IT sectors are predicted to soon overpower the world with rising number if text analytics solutions in order to achieve visible improvement is core operations, internal processes, and market trends. IT sector is to initiate core competencies that enables digitalization and will need effective text analytics solutions to function at a faster speed. With the introduction of IT into the business sector, it is more convenient to store valuable information which further helps to analyze their strategies and produce better results for the consumers.

Licensed Product Copy Purchase to Affect Market Growth in Negative Light

Although the text analytics market is seeing tremendous growth all around the world, factors like high cost and expenditure of on-premise solutions, and license product copies purchase may act as a hindrance to the market. Obtaining licensed copies for products is usually done carelessly and with contempt, thus, posing threat to the market worldwide. However, many vendors are focusing on ways and means to achieve recognition in the market by the utilization of text analytics, and this may drive the global text analytics market in the future years.

The information presented in this review is based on a TMR report, titled,” Text Analytics Market ( End-user - Entertainment and Media, IT and Telecom, Healthcare, Retail, BFSI, Manufacturing, and Military and Defense; Applications - Customer Relationship Management (CRM), Intelligence & Law Enforcement, Fraud/Spam Detection, and Data Analysis & Forecasting; Deployment Type - Cloud-Based, and On-Premise) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024”.

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Electronic Scrap Recycling Market Expected to Reach US$34.32 bn by 2022 Globally

According to a new market report published by Transparency Market Research “Electronic Scrap Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022”, the global electronic scrap recycling market was worth US$ 11.03 Bn in 2014 and is expected to reach US$ 34.32 Bn by 2022, growing at a CAGR of 15.7% from 2015 to 2022. Europe was the largest market for electronic scrap recycling in 2014. Growth in this region is expected to be driven by stringent government regulations and huge profits generated through the recovery of precious metals from electronic scrap.

Owing to the wide availability of electronic scrap and the rising global volume of scrap electronic products, a trend of focus on increasing electronic scrap recycling capacity by smelting and refining companies has been observed in various regions worldwide. The importance of electronic scrap is on the rise in response to changes in consumer patterns and advancements in the technology of electronic devices. This has resulted in the generation of huge quantities of e-waste that need to be managed and processed. The traditional means of handling of this e-waste, including disposal in landfills, exporting overseas, and combustion in incinerators are prohibited due to legislation designed to prevent environmental pollution. Moreover, the presence of ferrous, non-ferrous, and precious metals makes electronic scrap recycling economically attractive. For all these reasons, smelting and refining companies such as Boliden Group and Umicore N.V., Mitsubishi Materials USA Corporation lay emphasis on increasing electronic scrap processing capacity. To this end, in June 2015 Mitsubishi Materials Corporation expanded the Naoshima Smelter and Refinery’s electronic scrap receiving and processing capacity to about 110,000 tons per year (an annual increase of 30,000 tons over current capacity). Likewise in June 2012, Boliden Group increased the electronic scrap recycling capacity from 45,000 to 120,000 tons per year at its Rönnskär smelting facility.

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With advancements in technology, the demand for electronic and electrical equipment has risen dramatically. Persistent innovations on electronic and electrical technologies have further shortened the use-life of electronic and electrical products. This has enhanced the generation of e-waste or waste from electronic and electrical equipment. E-waste primarily comprises laptops, computers, mobile phones, television sets, and other electrical or electronic household appliances.

According to the UN Environment Programme (UNEP), around 20 million to 50 million tons of e-waste are generated every year globally and volumes are increasing three-folds faster than other forms of municipal wastes. This is primarily fuelled by expanding markets and rapid product innovations such as the switch from analog to digital technologies. The global production of e-waste is increasing rapidly and is expected to pick up pace in coming years. E-waste is considered to be hazardous; therefore it should be managed and processed carefully. Additionally, the presence of various precious metals such as gold, silver, palladium, tantalum, and gallium makes e-waste attractive for recycling. Thus, most companies in the field are either entering into the electronic recycling business or expanding the recycling capacity at their smelting and refining facilities. For instance in June 2012, Boliden Group started a new electronic recycling facility at the Rönnskär copper smelter. The company has increased the smelter’s capacity from 45,000 tons to 120,000 tons per year. The recycling of e-waste for the recovery of various metals is important from the standpoint of saving energy. Moreover, the recycling of e-waste would also help in reducing the burden on mining ores for primary metals. For instance, electronic recycling helps in metals that require significant energy consumption for extraction and are seen in low concentrations in primary ores. More precisely, e-waste is a richer source of precious metals than their primary ores.

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Cable Connectors and Adapters Market : Urban Demand for Digitization to Play Key Role

According to a research report recently released by Transparency Market Research, Amphenol Corp, TE Connectivity, General Cable, and L-Com Global Connectivity have been among the leading players in the global cable connectors and adapters market till 2015. The creations of alliances and partnerships with domestic players is one of the currently implemented strategies by the leading players. An example for this is the introduction of L-Com Global Connectivity’s CGU2AB-series cables that support USB 2.0 standards in October 2015. These cables are aimed at delivering high-performance connectivity at a low price.

The leading players in the global cable connectors and adapters market are likely to explore further opportunities through aggressive pricing strategies in the near future, in order to generate higher sales volume. More and more players are beginning to work closely with their customer base to further develop and design products that could better suit the dynamic specific needs, in turn improving their own brand value. They are expected to steadily overcome the limitations in design such as small product sizes while bringing about improvements such as lower weigh and better durability.

According to the TMR report, the global cable connectors and adapters market is expected to reach US$85.75 bn by the end of 2022, rising from its 2014 evaluation of US$47.78 bn and expanding at an optimistic CAGR of 7.8% from 2014 to 2022. For the same forecast period, external cable connectors and adapters are expected to expand at a leading pace, thereby maintaining their already earned lead in the market in terms of demand volume. From a regional perspective, Asia Pacific led the global cable connectors and adapters market and is also likely to continue in this position over the coming years, owing to the growing number of datacenters in Indonesia, Australia, India, and China.

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Digitization Trends Herald Fresh Demand for Advanced Cable Connectors and Adapters

“Governments and private companies alike are showing an increasing interest in the digital realm. Programs initiated by numerous governments to promote digital trends across industry verticals and operations has so far been the leading driver for the proliferation on the Internet on a global scale, consequently driving the global cable connectors and adapters market,” states a TMR analyst. Effective technology application and communication solutions are becoming increasingly necessary as more and more critical data is being accessed or transmitted across digital platforms. The awareness about social media and accessibility to information through these mediums has additionally created need for better and more secure Internet connectivity, thereby stirring an unprecedented demand for cable connectors and adapters. The global cable connectors and adapters market is also being boosted by increasing expenditure on IT and telecom services by the commercial sector to meet consumer demand.

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Influx of Wireless Technologies to Hinder Cable Demand

The evolution of wireless technologies has progressively threatened to make wired technologies, cable connectors, and adapters obsolete. This is bottlenecking the global cable connectors and adapters market to a large extent by simply removing their need, while users begin adopting and adapting to smartphones, tablets, laptops, and other PDAs. The widespread use of wireless technologies in developing and developed markets due to benefits such as high-speed data transmission is expected to restrict the sales of cable connectors and adapters in the near future.

Software as a Service (SaaS) Market : Large Enterprises to be Key Revenue Generators

Transparency Market Research (TMR) states that the competitive landscape in the global Software as a Service (SaaS) Market is likely to be significantly fragmented due to large number of players. Some of the key players in the global market are Oracle Corp., Salesforce.com Inc., and ADP Inc. The wide range of products of these companies, excellent business and marketing strategies, and seamless services are expected to fuel the growth of the global market in the coming years. To stay ahead of the competition, the report suggests, companies will have to invest in cloud computing solutions. The growing demand for bring-your-own device and cloud storage has led to a shift in perception of the end users.

The report states that the global market is likely to be worth US$164.3 bn by the end of 2022 as the market is poised to exhibit a CAGR of 27.90% between 2015 and 2022. Amongst the various applications of SaaS solutions, the customer relationship management segment will be the highest revenue generator in the coming years. In terms of regions, the North America SaaS market is slated to dominate the global market as the region boasts a higher awareness of technology along with its acceptance.

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Changing Methods of Communication and Data Handling Gives Global SaaS Market a Fillip

The radical change in the way the world perceives communication is the very basis of development of SaaS solutions. The indispensable usage of social medical and instant messaging has led to adoption of SaaS amongst various enterprises. The advent and penetration of emails, messaging applications, and video calls for private and business purposes has made the end users rely on smartphones and tablets. Thus, as growing number of end users are seeking remote access that affordable costs they are pushing up the demand for SaaS solutions.

To improve reach to consumers, several large enterprises are anticipated to adopt SaaS solutions throughout the forecast period. The uptake of newer applications, which means replacement of on-premise software with SaaS solutions is also anticipated to support market growth. The small and medium-sized businesses are also expected to follow suit as these units will look at reducing their capital investments and simplifying their operations. The rising need for outsourcing, increasing globalization, and expansion of business are all making a generous contribution toward the soaring revenue of the global market.

The ever-changing business dynamics are forcing small as well as large organizations to keep they maintenance costs low, thereby moving their inclination toward cloud solutions from on-premise solutions. Analysts anticipate that the rising adoption of SaaS-based HR management solutions to compensate for the lack of skilled personnel is also augment the growth of the global SaaS market in the coming years.

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Security Concerns Prove to be Detrimental to Market Growth

On the negative side, issues pertaining to poor interoperability and data security are likely to hamper the growth of the SaaS market. The complications related to direct access to data in transformation legacy on-premise systems to cloud applications is also presenting tough challenges to the global market. The lack of awareness and the maturation of certain markets have also been identified as possible restraints for the global market.

Platform as a Service (PaaS) Market to Collect US$7.98 Bn as Advantage of High Efficiency Attracts Consumers

The global platform as a service (PaaS) market is predicted in a report by Transparency Market Research (TMR) to find players using the business tactic of reducing annual subscription fees to gain traction. Another tactic that could be adopted in the market is focusing on Asia Pacific and the Rest of the World where PaaS solutions are used at a rising rate. Such developing and cost-sensitive geographies of the market are expected to create strong growth opportunities in the near future. The market includes some of the top players of the industry such as Oracle, Software AG, and Red Hat.

TMR envisages the global PaaS market to reach a US$7.98 bn valuation by the end of 2020. By type of implementation, the segment of public cloud could dominate the market in the coming years. By region, North America is foreseen to take the lead in terms of growth.

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PaaS Improves Adoption among End Users with OPEX and CAPEX Advantages

The global PaaS market is envisioned to increase growth on the back of the advantage of low capital investment because of the nature of the service model. PaaS cancels the need for provisioning hosting capabilities for the deployment of applications. As a result, it helps to save costs related to the purchase and management of required software and hardware products. Additional cost of upgrading systems to match up with increase in service usage could also be reduced with the help of PaaS. On the other hand, PaaS helps with lifecycle management, automated deployment, and resource sharing and reusing.

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Lack of Awareness Leading to Sluggish Adoption in SMEs Slams down Growth

SMEs are observed to adopt PaaS at a slow rate due to lack of awareness. While this could negatively impact the growth of the global PaaS market, there are other factors that may prove damaging. For instance, high market fragmentation at the regional level could challenge players operating in the market. However, the advent of OpenPaaS and business process as a service (BPaaS) is anticipated to set the tone for significant growth in the market. Besides this, opportunities in the infrastructure as a service (IaaS) market could be tapped into through increasing application of PaaS.

PaaS’ high efficiency and pay-per-use features are projected to produce rewarding prospects in the market. Attractive advantages such as ease of deployment, scalability, agility, and flexibility could draw more number of consumers in the foreseeable future.

The information presented in this review is based on a TMR report, titled “Platform as a Service (PaaS) Market (Implementation - Public Cloud, Private Cloud, and Hybrid Cloud; Type - Database Management Systems (DBMS), Business Intelligence Platform (BIP), Application Infrastructure and Middleware (AIM), and Application Development; End User - BFSI, Technology, Retail, Distribution, and CPG, Online Business, Media and Entertainment, Healthcare and Life Sciences, Electronics, Telecom, Education Services, Professional Services, Public Sector, Manufacturing, Energy and Utility, and Travel and Transport) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”

Air Deflector Market for Automotive to Surpass the US$ 15 Bn Mark, Globally, by 2026

According to a new market report published by Transparency Market Research “Air Deflector Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”, the global air deflector market for automotive is expected to expand at a CAGR of about 4% and is anticipated to surpass the US$ 15 Bn mark by 2026.

The global automotive air deflector market is predicted to expand at a CAGR of about 4% between the forecast years 2018 and 2026, according to a new research report published by Transparency Market Research (TMR). According to the report, the automotive air deflector market is expected to be driven by the enriched look of the vehicle with air deflectors and its ability to allow the fresh air to enter inside the vehicle cabin by partially rolling down the windows. Asia Pacific is expected to be at forefront of the global market, and the market is likely to expand at a CAGR of above 4.0% during the forecast period.

Enhanced appearance of the vehicle, improved vehicle aerodynamics, marginal but increased vehicle efficiency, and better vehicle control at high speeds are key drivers of the automotive air deflector market. Increased demand for vehicle speed, consumer tendency for SUVs, and consumer preference for efficient and inexpensive vehicle accessories are likely to boost the market in the near future.

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Windows air deflectors are mostly preferred by consumers as they are easily available in the market and easy to fit. In North America and Europe, it is mandatory for windows air deflectors and bug deflectors to be transparent, and hence, manufacturers prefer acrylic material to manufacture them. Moreover, windows air deflectors and bug deflectors are made transparent in order to avoid distraction for the driver. The automotive industry in Europe and Asia is has been witnessing an increase in demand for SUVs and family cars for the last few years. SUV owners prefer to have front spoilers on their vehicles as it enhances the appearance of the vehicle. The front air spoiler segment is expected to expand at a CAGR of about 4% during the forecast period owing to the consistently increasing demand for SUVs.

Besides acrylic, the fiberglass material segment is likely to lead the automotive air deflector market. Manufacturers are preferring fiberglass for front air spoilers, roof air spoilers, and bug deflectors owing to its excellent corrosion resistance, superior molding ability, light weight, rich appearance, and cost effectiveness. Therefore, the fiberglass segment of the automotive air deflector market is anticipated to expand at a CAGR of 4.5% between 2018 and 2026.

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Air deflectors can be mounted by different methods; however, among them, the tape-on method is mostly preferred by consumers. In this method, a double-sided automotive grade tape is utilized to stick the deflector over the vehicle surface. There is no need to drill the vehicle surface, which spoils the appearance and body of the vehicle. Therefore the tape-on air deflector segment is predicted to hold a major share of the market owing to its ease of mounting and dismounting. The segment is likely to expand at a CAGR of 4.2% during the forecast period.

Automotive Lubricants Aftermarket Estimated to Reach US$ 121 Bn by 2026

The global automotive lubricants aftermarket was valued around US$ 82 Bn in 2016 and is anticipated to expand at a CAGR of 4% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled ‘Automotive Lubricants Aftermarket - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2026.’ Lubricant is a substance that is made up of base fluids and additives. A typical lubricant composition consist of 80% to 90% base oil and the rest is additives, However, this composition is subject to change as per the application. Lubricants are used for their ability to increase the operating lifespan of mechanical parts. They are used to minimize the friction between parts in contact with each other, thus eliminating wear and prolonging lifespan by Robust economies of countries such as China, India, Brazil, and Middle East have increased disposable income of the population, resulting in higher car ownership.This, in turn, has been augmenting the consumption of automotive lubricants in recent times. Rise in demand for lightweight and high performance vehicles mandates the use of high-quality lubricants. This is a key factor propelling the consumption of automotive lubricants.

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Increasing Motorization Rate Coupled with Sales of New Vehicles and Established World Vehicle Fleet

Increase in demand for vehicles due to economic prosperity economy and increasing purchase power have resulted in higher car ownership. The global motorization rate i.e. vehicle ownership per 1000 inhabitants increased to 182 per thousand inhabitants in 2015 as against 178 in the previous year. Europe and North America are mature regions of the market for aftermarket automotive lubricants, with car ownership rates as high as 580 and 680 per thousand inhabitants in 2015. Low penetration of automotive vehicles, particularly in regions such as Latin America, Asia, and Middle East & Africa, presents significant opportunities for the automotive lubricants aftermarket. For instance, the motorization rate in Asia, Africa, and Latin America stood at 105, 42, and 176 per thousand inhabitants, respectively, in 2015. Along with this, accelerating economy, rapid urbanization, and increasing per capita income may compel individuals to own a vehicle. This, in turn, is expected to create an incremental market opportunity for the automotive lubricants aftermarket in the near future.

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Longer Oil Drain Intervals May Dampen Market Expansion, but Increasing Penetration of Synthetic and Semi-synthetic Automotive Lubricants Offers Future Expansion Opportunity

Lubricant oil chemistry and engine technology have evolved tremendously in recent years, resulting in improved engine oil drain interval. During the 1950s, a truck engine oil change would have to be performed for every 500 miles. But those days are gone. Currently, it is possible to achieve an oil drain interval as high as 50,000 miles in heavy duty vehicles. Factors that have resulted in improved oil drain interval include cleaner fuels, higher quality lubricants, more dependable engines, and improved filter technology. The standard oil drain interval is 25,000 miles. However, various factors such as engine design, vehicle age, condition, driving patterns, and oil properties are known to affect the engine oil drain interval. Oil service intervals are pre-determined by engine manufacturers and are designed to provide optimum engine protection within intervals. Majority of the vehicle owner tend to follow these instructions, However, there has been growing trend of lengthening the oil service intervals beyond the OEM specifications.

Automotive OE Bumper Cover Market : Increased Emphasis on Road Safety Impels Usage of Best Bumpers

Transparency Market Research observes that the competitive landscape in the global automotive OE bumper cover market is highly fragmented. Players have made a consistent effort toward designing innovative solutions for bumper covers. Some of the integral players in the global automotive OE bumper cover market are Compagnie Plastic Omnium SA, Samvardhana Motherson Group, and Magna International Inc. The report suggests that vacuum foaming, specialized type of thermoforming process, will gain momentum as it has a low processing cost. Companies such as Renault as using this technique for manufacturing automotive OE bumper covers that offer the safety any other but at a much affordable price. The need to cater to a wide range of clients within their expected price range will be the very premise of tackling cutthroat competition in the global market in the coming years.

The global automotive OE bumper cover market is estimated to be worth US$47.15 bn by the end of 2025 from US$30.44 bn in 2016. During the forecast years of 2017 and 2025, the global market is projected rise at a CAGR of 8.89%. Out of all the materials, the thermoplastic polymer has been popular among automobile manufacturers due their superior malleability. In terms of geography, the global market will be led by Asia Pacific. The booming automobile manufacturing sector of Asia Pacific is expected offer lucrative opportunities. China has a strong foothold in the Asia Pacific due to its competitive pricing of the products.

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Increased Automobile Production Builds Demand for Automotive OE Bumper Covers

Automotive bumper cover is a plastic or metal cover or fascia that is placed over the bumper rail bar. The bumper cover is a non-structural component of the vehicle body that is fastened to the fenders and bulk head of the vehicle by clips. The use of bumper cover facilitates safety to the vehicle and pedestrian during collision. During the collision the contact of metal bumper rail with a pedestrian can cause severe injury to the pedestrian thus a flexible and energy absorbing bumper cover is used to dissipate the collision energy across the surface and provide protection.

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Increase in vehicle production is the major driving factor for the bumper cover market. The development of plastic bumper covers have considerably reduced the cost of the product thus helping it penetrate a wider market. Government regulations and safety standards have mandated the use of bumpers thus prompting the use of bumper covers. Stringent federal regulations of U.S. to withstand the damage up to 5mph and European Union law for the bumper cover design to prevent pedestrian leg form injury are few of the drivers that have led the development of bumper cover market. The increase in indulgence of off terrain driving has gained demand for the deep down bumpers providing protection in trail drives. The rise in demand of the SUV’s over the North American region and Europe is significantly driving the deep down bumper cover market.

Sales Intelligence Solutions Market- Sales Intelligence Solutions is a Necessary Tool for any competent Business in a Marketplace

Sales intelligence solutions is a necessary tool for any competent business in a marketplace. These tools have the capacity to collect accurate data through research, actionable and predictive intelligence, and integrations and utilize it to address challenges in terms of sales and marketing. Use of sales intelligence tools can help identify profiles of ideal customers and categorize and rank accounts and contacts of potential customers. This helps prioritize a list for campaigns. These tools can also be useful for marketing events. Certain platforms have mapping tools that help in pinpointing where, geographically, the most perfect prospects are situated. Hosting an occasion in a location near to these contacts can offer better presence and high-quality leads to sales teams. With sale intelligence solutions, one can recognize an attendee’s role in an organization. Thus if one event lead is not available, it can track the reporting structure to follow those who have the authorization.

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One of the driving factors for the sales intelligence solutions market is that these solutions help target high-value accounts based on specific needs and preferences and produce higher-quality leads. This is anticipated to boost the market during the forecast period. In addition, sales intelligence solutions offer high user engagement due to their easily customizable user interface. They also provide clear visibility into critical sales data including depletions, retail account depletions (RADs), shipments, points of distribution, accounts sold, distributor inventory, velocity of sales, etc. Several sales intelligence platforms mix with other tools in the stack such as marketing automation, CRM, applicant tracking systems, and sales development, which makes SaaS handling proficient and synergistic. Several sales intelligence solutions automatically sync, enrich, and append the data when new information becomes available and the database expands.

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The global sales intelligence solutions market can be segmented in terms of deployment, application, enterprise size, industry, and geography. In terms of deployment, the sales intelligence solutions market can be divided into cloud and on-premise. Based on application, the sales intelligence solutions market can be divided into sales and business development, account and relationship management, and marketing & analytics. Based on enterprise size, the sales intelligence solutions market can be bifurcated into small and medium enterprises and large enterprises. The small and medium enterprises segment is projected to expand at a rapid pace during the forecast period. In terms of industry, the sales intelligence solutions market can be divided into banking, financial services and insurance; government; hospitality; retail & e-commerce; IT & telecommunication; manufacturing; transportation & logistics; and others. The retail & e-commerce segment is estimated to dominate the market during the forecast period, as usage of sales intelligence solutions is higher in the retail & e-commerce sector.

Disclosure Management Software Market- Growing Focus of Enterprises on Enhancing Customer Services

Disclosure Management Software Market - Overview

Disclosure management software offers a flexible, collaborative, and compliant process to decrease the time, risk, and cost of regulatory filings and disclosures. Disclosure management software helps users navigate the complexity of the ever-changing regulatory disclosure requirements. It provides users a secure, reporting enterprise-scalable and process automation solution, which enables them to gather data and generate a concentrated narrative analysis in an auditable and controllable environment. Disclosure management solution offers flexibility and enhance speed by combining information from multiple source systems with narrative to construct financial and regulatory statements. Companies are progressively implementing disclosure management applications to understand report assembly, review processes, and control benefits. Disclosure management software helps enterprises deliver high quality, board books, auditable annual reports, and other materials.

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Disclosure Management Software Market – Trends and Opportunities

Several enterprises across the globe are implementing disclosure management solutions to assimilate financial data across locations in order to publish financial documents and make better strategic decisions. Disclosure management solutions are expected gain significant traction in the near future due to rising need for managing financial information within organizations. Furthermore, the predictive approach helps enterprises with accurate insights to make informed business decisions and mitigate risks. There has been a growing focus of enterprises on enhancing customer services, while fulfilling industry regulations. Key factors expected to drive the growth of the disclosure management market include rising expansion of enterprises across the globe and the need for solutions to integrate financial data across locations to issue financial documents and make better strategic decisions. However, increase in safety concerns related to cloud-based disclosure management software and lack of awareness regarding the implementation of the software are expected to limit the growth of the global market in the next few years. Furthermore, availability of large number of free open source disclosure management software is anticipated to restrain the market. Nevertheless, the integration of disclosure management software with ERP and other consolidated tools is estimated to offer prominent growth opportunities to the market during the forecast period.

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Disclosure Management Software Market - Segmentation

The global disclosure management software market can be segmented based on component, enterprise size, deployment, application, end-user industry, and region. Based on component, the market can be divided into software and services. In terms of deployment, the disclosure management software market can be categorized into cloud-based and on-premise. The cloud-based segment is expected to expand significantly due to increase in adoption of cloud technology. Cloud-based software decreases the effort and time required to update and integrate new services offered by the software. Based on application, the disclosure management software market can be divided into finance, marketing & communication, compliance, legal, procurement, and human resource. In terms of enterprise size, the disclosure management software market can be bifurcated into small & medium enterprises and large enterprises. Based on end-user industry, the disclosure management software market can be classified into retail, BFSI (banking, financial services, and insurance), health care, IT & telecom, government, construction, travel & hospitality, media & entertainment, and others. In terms of region, the global disclosure management software market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the market as the region is significantly receptive toward adoption of latest technologies.

Tenant Billing System Market is driven Due to Smart Grid Hospitality And Real Estate Industry Along With The Use Of Developed Technologies

The tenant billing system manages tenant, owner, and property and lease information. A tenant billing system captures the utilization of utilities/services of tenants and generates bills for the same. Manual tenant billing process involved individuals going to tenant areas and recording utility usage for each month. This manual process is inefficient, slow, and prone to errors. Hence, the tenant billing system was introduced to avoid the errors and simplify the work through automation. The tenant subscription of services along with move-in and move-out details can be obtained with the help of tenant billing systems. The tenant billing system also does automatic bill reading and generates bills. The system also keeps a track of credit notes and tenant payments. Analysis of occupancy and vacancy can also be performed.

The tenant billing system market is primarily driven by automatic tenant metering as it is a better approach to install devices that automatically calculate tenant sub-metering. Automation of meter calculation reduces the cost of manpower which was very high in manual readings. Tenant billing systems automatically record consumption with a high accuracy rate and the data can be presented in an understandable way. Data collected by the tenant billing system can be stored in the cloud and there is only one version of data which is accessible to all departments. Tenant billing systems also helps to review a tenant’s bill instantly from anywhere. Thus, involvement of customers increases the transparency of the process. The involvement of advanced technologies, ease and accuracy in the process fuels up the growth of tenant billing market.

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Lack of awareness about the technology and its developments are the restraining factors of the tenant billing system market as the brands are not able to reach the customers who are unaware of the technology.

Advancements in technologies such as Artificial Intelligence and machine learning can provide more precise details on time, which are considered opportunities for the growth of tenant billing system market.

The tenant billing system market can be segmented based on component, deployment, applications, and region. Based on component, the tenant billing system market can be classified into software, hardware, and services. Based on hardware, the tenant billing system market can be divided into metering, communication devices, and measurement devices. The service segment can be split into professional and managed services. In terms of deployment, the tenant billing system market can be categorized into cloud-based and on-premises. In terms of applications, the tenant billing system market can be classified into real estate, residential and commercial buildings, and hotels. In terms of region, the tenant billing system market is segmented into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The market in North America is estimated to expand at a substantial rate during the forecast period. This is primarily due to smart grid hospitality and real estate industry along with the use of developed technologies in the region. The tenant billing system market in Asia Pacific is anticipated to expand significantly during the forecast period. Technological developments in in Asia Pacific, might lead to increase in adoption of tenant billing systems.

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Cosmetic Ingredients Market-Escalating Demand For Cosmetic Products Across The World

Global Cosmetic Ingredients Market: Snapshot

The global cosmetic ingredients market  has been growing at a steady pace, thanks to the escalating demand for cosmetic products across the world. The pursuit of beauty, together with the increasing consciousness of consumers towards physical appearance, and the rising awareness among them pertaining to skin care has fueled the demand for cosmetics substantially. Apart from this, the increasing trend of the anti-aging formulations is also driving the growth of this market.

On the flip side, the implementation of stringent government rules and regulations upon a number of ingredients is likely to act as a restraint in the growth trajectory of this market in the near future. However, the frequent and continual changes in the preferences of consumers are anticipated to generate lucrative opportunities for the progress of this market over the years to come. 

The global cosmetic ingredients market was worth US$22.89 bn in 2016 and is expected rise at a CAGR of 4.60% from 2017 to 2025, increasing to US$33.80 bn by the end of 2025.

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Moisturizing Agents to Enjoy Continued High Demand

Cosmetic ingredients are mainly utilized as cleansing agents, moisturizing agents, and coloring agents. Among these, the moisturizing agents segment holds the most prominent share in this market, thanks to the extensive usage of moisturizing agents in skin care, hair care, and makeup cosmetics. Researchers anticipate the scenario to remain same over the next few years.

The demand for cleansing agents is also expected to increase considerably in the near future, especially in the skin care and hair care products. The growing awareness among consumers regarding the benefits offered by cleansing agents, such as effective removal of oil and dirt from skin and hair, is expected to influence their demand in the years to come.

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Asia Pacific to Remain Dominant in Global Cosmetic Ingredients Market

On the basis of geography, the worldwide cosmetic ingredients market has been segmented into North America, Asia Pacific, Europe, the Middle East and Africa, and Latin America. Primarily driven by China, India, Japan and the Rest of Asia Pacific, Asia Pacific led the global market in 2016 with a total share of 32.02%. The strengthening economy of Asian countries has increased the disposable income of Asian consumers, reflecting greatly on their living standard, which consequently, is influencing their aesthetic consciousness. With the increased purchasing power, consumers are willing to spend on high-end expensive cosmetic products, in a bid to look good. This, as a result, is likely to stimulate the market for cosmetic ingredients in Asia Pacific over the forthcoming years remarkably, ensuring its dominance on the global market.

China has surfaced as the most prominent domestic market for cosmetic ingredients in Asia Pacific as well as the whole world, thanks to the presence of a large pool of cosmetic product manufacturers. Analysts expect that China will remain sitting in this position over the next few years, thanks to the availability of low cost of raw materials and the increasing investments by leading players. Europe, among other regional markets, is expected to witness healthy growth in the years to come. France, Italy, Germany, the U.K., and the Rest of Europe are likely to drive the Europe cosmetic ingredients market in the near future, in which, France is anticipated to emerge as the leading domestic market, closely followed by Italy and Germany.

Bra Market- Bras Are An Excellent Means For Improving Customer Experience

Global Bra Market: Overview

The bra market has grown to a large extent since the time of its evolution. Bras are an excellent means for improving customer experience. Bras are easily available through online and offline distribution channel. These factors are the key drivers for the increased adoption of bra in the global market. Organizations have been doing large investment in research and development to introduce new types of bras. Bras are playing a major role in increasing sales across a lingerie industries. In today’s economy, customers’ purchasing decisions are based on quality-consciousness. They want products to be easily available in stores which are premium in quality. Over the coming years, these factors will provide substantial growth to the global bra market.   According to the research report, the global bra market was valued at US$19.6 bn in 2016 and is expected to be worth US$30.4 bn by the end of 2025. During the forecast years of 2017and 2025, the global market is expected to rise at a CAGR of 5.0%.

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Non-padded Bras to Remain Popular Amongst Women

Padded bra and non-padded bra are expected to grow at a CAGR of 4.9% and 5.2% respectively. The adoption of non-padded bra is higher in female population. It occupies the largest share in the bra market in all the regions. Non padded bra is showing the fastest growth during the forecast period (2017 to 2025) and is expected to reach US$ 19.35 billion by 2025.

The demand for bras in online channel is expected to soar during the forecast period. Major players of bra are making use of different online distribution channels for easier transactions and shipment of bra. This is triggering the growth rate of the global bra market. The offline distribution sector has been the largest revenue contributing sector to the bra market. The demand for bra in the e-commerce sector has increased and this trend is expected to continue during the forecast period. Non-padded bra also offers huge growth opportunity to the bra market.

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Europe to Emerge as Leading Regional Market to Global Bra Market

Europe is an attractive market for the bra followed by North America. The demand for sports non padded bra is expected to be high in Japan and India during the forecast period. North America and Europe are the key growth regions for the growth of bra market. The Europe region was the largest revenue contributor to the global bra market in 2016. North America region accounted for the second largest market share in the global bra market in the same year. Asia Pacific region is expected to grow at highest CAGR of 6.1% during the forecast period. The bra market in South America and the Middle East and Africa is expected to grow at slower pace as compared to the other regions of the world. Market in South America, Middle East & Africa are expected to undergo a decent growth over the forecast period.

The bra market consists of a large number of public and private players. The bra market industry players focus to develop new products to satisfy the changing consumer preferences. Product innovation, technological advancements, and acquisitions are the key competitive strategies adopted by the top players in the bra market. L Brands Inc., Hanesbrands Inc., The Phillipps-Van Heusen Corporation, Berkshire Hathaway Inc. (Fruit of the Loom), Wacoal, Jockey International, Inc., Groupe Chantelle, Triumph International, and Wolf Lingerie Limited are the key companies profiled in the research report. The report also offers competitive landscape of the key players in the bra market.

Licensed Sports Merchandise Market -The Rising Adoption Of Apparel And Footwear By Consumers

Licensed Sports Merchandise Market - Snapshot

Licensed sports merchandise products are widely accepted by consumers due to the rising adoption of apparel and footwear by consumers over the years. The licensed sports merchandise market report would help licensed sports goods manufacturers, suppliers, and distributers to estimate and analyze the demand for such products across different regions.  Under the scope of the report, based on product category type, the licensed sports merchandise market is segmented into sports apparel, sports footwear, sports accessories, toys and videogames or software, domestic and housewares among others. Others licensed sports merchandise type includes souvenirs, gifts or novelties, consumer electronics, and food and beverages. Increasing popularity of sporting leagues and their increasing fan base is creating a positive impact on the demand for licensed sports products across all age groups. Based on distribution channel type, the licensed sports merchandise market is further bifurcated into e-commerce or online stores and offline stores. Offline stores are further segmented into departmental stores, specialty stores and others. Others offline stores segment includes mass stores, supermarkets, discount stores etc. Among all these distribution channel type for licensed sports goods, the offline stores sector is the ideal choice for sports lovers who are looking for licensed sports goods.

Geographically, the  licensed sports merchandise market is bifurcated into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. Regionally, North America accounted for the largest market share in 2017 and is anticipated to grow steadily due to increasing popularity of sporting leagues and their increasing fan base. However, Asia Pacific is expected to be one of the most potential markets for licensed sports goods owing to rising disposable income, high population density, and rising number of sports loving people who are ready to pay considerable amounts for licensed sports goods in this emerging economy. It is anticipated to be the most swiftly developing region due to increasing demand for licensed sporting goods in the developing economies of China and India. Large multinational companies invest significantly in marketing and product distribution. These companies adopt extensive marketing and branding strategies to improve their market presence and thus strengthen their consumer base.

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Sports apparel constituted majority share in terms of revenue in the North America licensed sports merchandise market in 2017 and this trend is expected to continue during the forecast period. Europe held the second largest market share in 2017. Sports brands are targeting female customers due to the increasing popularity of female sports. Furthermore, expansion of distribution channels is one of the major factors driving the licensed sports merchandise market in the region. Manufacturers are focusing on creating wider distribution channels in order to cope with rising competition and increasing consumer demand for licensed sports goods across Europe. In terms of revenue, Asia Pacific is expected to be the fastest growing regional market for licensed sports goods. This region is expected to witness highest growth on account of high population density, changing standard of living, and rising disposable income in the developing economies of China and India.

Emerging economies of South America and Middle East & Africa (MEA) are expected to take the lead in the adoption of different types of licensed sports goods over the forecast period from 2018 to 2026. Factors such as economic stability and high purchasing power are mainly responsible for the growth of the licensed sports merchandise market in South America and the Middle East. In addition, increase in number of sportswear brands and rising number of retail specialists coupled with opening of new shopping malls, particularly across GCC countries in 2017 is propelling market growth in this region.

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Some of the key players in the licensed sports merchandise market include VF Corporation, Nike Inc., Fanatics, Inc., Adidas AG, Puma SE, G-III Apparel Group, Ltd., Sports Direct International plc, Hanesbrands Inc., Under Armour, Inc. and DICK’S Sporting Goods Inc.

Predictive Analytics Market-Growing Infrastructural Development to be Beneficial for Growth

Global Predictive Analytics Market: Snapshot

Predictive analytics is business intelligence technology that produces a predictive score for each customer or other organizational element. Predictive analytics uses a variety of statistics and modeling techniques, and utilizes data mining, business intelligence tools, and machine information, to make predictions. The emergence of enormous amount of structured and unstructured data and ground-breaking technology deployments are the major drivers for the predictive analytics market.

In addition, database management, forecasting, data warehouses, data mining, CRM analytics, smart, logistics, decision-making process, data visualization in dashboards, and increasing demand of business having analytic capabilities are expected to drive predictive analytics market growth over the forecast period. However, time-consuming process of analysis and lack of awareness coupled with lack of qualified professionals may restrain market growth. The adoption of cloud technology and the application of predictive analytics in small and medium-sized businesses may offer significant growth opportunity for the market.

According to the report by TMR, the global market for predictive analytics was worth US$2.08 bn in 2012. Expanding at an exponential CAGR of 17.80% during the period from 2013 to 2019, the opportunity in this market is expected to reach US$6.54 mn by the end of the period of the forecast. Predictive analytics finds a widespread application in sales and marketing, finance and risk, customer and channel, and operations and workforce. Among these, the demand for predictive analytics is relatively higher in the finance and risk segment and the trend is expected to continue in the near future, states the research report.

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Growing Infrastructural Development to be Beneficial for Growth

On the basis of application, the predictive analytics market is segmented into banking and financial services, insurance, government, pharmaceutical, telecom and IT, retail, transportation and logistics, healthcare, and energy, among others. Global predictive analytics market in 2012 was dominated by the banking and financial services segment, which accounted for 16.8% revenue share. Banking and financial services are progressively deploying predictive analytics as it facilitates organizations to analyze and predict several factors related to cost, revenue, and reporting on the basis of big data.

Rising Repair and Redevelopment Activities in the US to Influence Growth of Market

On the basis of region, the global predictive analytics market is segmented into North America, Europe, Asia Pacific excluding China, China, and Rest of the World. Of these, North America is dominating the global market for predictive analytics. This is attributable to the increasing demand for advanced business intelligence in North America has resulted into an extensive growth of the market for predictive analytics in this region. North America led the global market with a share of 55.9% in 2012. Researchers project this regional market to retain its leadership in the years to come. Europe, among other regional markets, is predicted to register a fast-paced growth in the near future, thanks to the large-scale uptake of predictive analytics across many industries, states the market study.

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Adoption of Integration Platform as a Service (IPaaS) Market in Healthcare Industry to Increase through 2022

The advent of integration technologies and their ongoing evolution exhibits a disruptive impetus across multiple industrial verticals. However, such disruptions are turning out to be profitable for companies and organizations seeking to integrate their applications and business platforms. Cloud networking and cloud computing are being extensively exercised across several industrial domains. As such technologies are penetration beyond technology-based businesses, the need for integrating their functionalities is becoming crucial.

According to a recent report published by Transparency Market Research, factors as such are fuelling the adoption of Integration Platform as a Service (IPaaS) in the world. In the near future, IPaaS will be actively adopted by enterprises seeking to integrate data and on-premise applications for propelling business growth. By allowing users an effective connectivity across multiple applications, IPaaS platforms are enabling employees of an enterprise deploy such integrations without installing an additional hardware or software.

By the end of 2022, the global market for Integration Platform as a Service is estimated to reach US$ 1.2 valuation. The study anticipates that during the five-year forecast period, 2017-2022, the global IPaaS market will have soared robustly at a CAGR of 11.9%. The report also projects that North America will be the largest market for IPaaS in the immediate future.

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North America to Represent Leading Market for IPaaS

Key findings from the regional analysis availed in the report reveal that North America will be at the forefront of expansion of the global IPaaS market over the forecast period. By the end of 2022, North America’s IPaaS market is anticipated to worth nearly half a billion dollars. The report also anticipates considerable adoption of IPaaS in European markets. Through 2022, the IPaaS market in Europe is poised to soar at a CAGR of 11.4%. Although, the fastest adoption of IPaaS is likely to be recorded in the Asia-Pacific excluding Japan (APEJ) market. Over the forecast period, the APEJ IPaaS market is expected to grow vigorously at over 13% CAGR.

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Healthcare and Education Industries to Exhibit Steadfast Adoption

Among the key industries, healthcare and education are anticipated to showcase a surging growth in terms of adoption of IPaaS solutions. Pharmaceutical companies are likely to implement IPaaS for boosting the efficiency of manufacturing applications and integrating production data with sales registries. Educational organizations are also anticipated to adopt these services and increase integration of learning processes with interactive devices and applications. The report also reveals that through 2022, the adoption of IPaaS will remain predominant in the IT & telecommunications industry.

With respect to end-users, large enterprises are anticipated to dominate the global IPaaS market, while small & medium enterprises will witness an impressive traction in terms of adopting IPaaS. On the basis of components, the global IPaaS market is bifurcated into software platforms and services, with the former segment representing higher share on global revenues. The report anticipates that adoption of IPaaS services is low at present, albeit, it will surge towards the end of 2022, considering the increasing complexities of implementing software platforms in the absence of proper deployment services.

The report has profiled leading IPaaS providers as key market players, which include IBM Corporation, Oracle Corporation, MuleSoft, Inc., Red Hat, Inc., Fujitsu Ltd., Microsoft Corp., SAP SE, Capgemini SE, Dell Inc., and TIBCO Software Inc. These companies are expected to remain active in the expansion of global IPaaS market through 2022. 

Warehouse Management Systems Market Rising at Impressive 14.1% CAGR With Increasing Adoption of Cloud-based WMS

Transparency Market Research (TMR) notes that the global warehouse management systems market is categorized by the presence of several  large and small players operating. The rivalry between the players is likely to increase as they aim at offering cloud-based software management systems.

Among the multiple strategies adopted by players in the global warehouse management systems market to stay ahead of competitors, instantaneous connection to multiple warehouse infrastructure has paid off the most. The global warehouse management systems market is expected to grow steadily due to the existence of large players who are investing in easier inventory management. Some of the leading players in the global warehouse management systems market are Oracle Corporation, JDA Software, Manhattan Associates, and SAP SE.

The TMR report projects the global warehouse management systems market to register a promising CAGR of 14.1% from 2017 to 2025. By the end of 2025, the market will be worth US$4,658.0 mn, predicts the report.

Out of various services, the demand for maintenance is expected to remain high in the next few years due to the constant need for monitoring and controlling various complex warehouse and distribution activities. Region-wise, Asia Pacific is expected to lead the global warehouse management systems market in the coming years. This is attributed to the flourishing software companies and the demand for extended WMS solutions to support cloud integration.

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Growing Adoption of BYOD in Various Industries to Fuel Warehouse Management Systems Market

Rapid development of digital technology has resulted in faster adoption of warehouse management systems (WMS) in various applications. WMS helps in optimizing, controlling, and monitoring various distribution activities such as dock scheduling, labor management, yard management, and inventory and order management. Thus, increasing e-commerce industry, growing demand for omni-channel fulfillment, and rising WMS add-on module sales are factors driving the global warehouse management systems market. Along with these, rising adoption of BYOD (Bring Your Own Device) in various industries such as manufacturing, health care, retail, and 3PL is fueling demand for cloud based warehouse management systems, which in turn boosting the global warehouse management systems market.

Warehouse management systems are extensively adopted in electronics, pharmaceutical, food and beverage, third party logistics, home improvement, and book publishing. Warehouse management can be provided as a service by third-party supplier, which is outsourced by WMS providers. A cloud based computing system helps in hosting the software. Outsourcing this software or service from third party helps the clients in focusing on their core business operations. Furthermore, rising adoption of the latest technologies such as cloud, and increasing disposable incomes are propelling the global warehouse management systems market.

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