Wednesday, May 9, 2018

Power Banks Market Expected to Reach US$ 36.15 Bn in 2022

According to a new market report published by Transparency Market Research “Power Banks Market (Portable Power Banks, Battery Cases, Solar Power Banks) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022”, the power banks market was valued at US$ 7.36 Bn in 2013 and is expected to reach US$ 36.15 Bn by 2022, growing at a CAGR of 25.9% from 2014 to 2022.
Browse the full Power Banks Market (Portable Power Banks, Battery Cases, Solar Power Banks) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022 report at: https://www.transparencymarketresearch.com/power-banks-market.html
In terms of volume, in 2013, the power banks market witnessed shipments of 334.2 Mn units globally. North America was the largest revenue contributor in 2013, accounting for almost 43% of the global power banks market revenue. Limitless demand of power (charge) from gadgets including smartphones, tablets, laptops and other smart gadgets is primarily fueling the demand for power banks. Introduction of technologically advanced consumer electronic devices along with its decreasing prices in the price sensitive regions is cementing the growth of power banks market. The power banks market in developed economies such as Western Europe and North America has lately witnessed increase in demand for Lithium-polymer power banks, owing to its features and specifications such as slimness, light weight and safety over Lithium-ion power banks. Asia Pacific is analyzed to be the fastest growing market for power banks in terms of revenue as well as unit shipments during the forecast period. The growth in this region is primarily attributed to the low cost of power banks in countries such as India, South Korea, China, and Indonesia. Low cost Lithium-ion power banks are expected to drive the demand for power banks in emerging regions such as Asia Pacific, Middle East and Africa, and Latin America during the forecast period.
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Increased demand and usage of mobile devices along with increasing broadband and wireless services (3G, 4G) penetration is driving the demand for power banks, globally. Growth in online retailing industry and reduction in prices of power banks is further cementing the growth of power banks market. Leading players in the power banks market are focusing on strengthening its distribution channels and thereby increasing its regional reach. Multichannel retailing is a key trend adopted by leading OEMs in the power banks market. In order to exploit the potential revenue opportunity in emerging economies, leading OEMs are expected to introduce their low cost quality products majorly manufactured in low labor cost regions such as China. With the increasing internet penetration and adoption of high speed internet services by smartphone and tablet users, the demand for power banks is anticipated to continue during the forecast period.
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Global Licensed Sports Merchandise Market Expected to Reach US$ 46,881.6 Mn by 2026

According to a new market report published by Transparency Market Research titled “Licensed Sports Merchandise Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global licensed sports merchandise market is expected to reach a value of US$ 46,881.6 Mn by 2026. The market is estimated to expand at a CAGR of 4.8% during the forecast period from 2018 to 2026. In terms of volume, the market is expected to reach 1184.9 million units at a CAGR of over 4.1% by 2026. The Asia Pacific licensed sports merchandise market is projected to witness the highest growth during the forecast period. With growing consumer preference and huge market potential, the licensed sports merchandise market is expected to witness considerable growth in the coming years. In this report, on the basis of 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, and others. Others licensed sports merchandise type includes souvenirs, gifts or novelties, consumer electronics, and food and beverages. Based on distribution channel type, the licensed sports merchandise market is 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, and discount stores. Globally, sports apparel type dominates the market in terms of revenue. Sports apparel segment held the largest share in the global licensed sports merchandise market, accounting for more than 30.0% share in 2017. Sports apparel constituted a majority share in terms of revenue in the North America licensed sports merchandise market in 2017 and this trend is expected to continue over the forecast period. The growing number of sporting leagues and their fan base is propelling the demand for licensed sports goods. With the increasing disposable income, most customers are ready to pay extra for licensed sports products to support their favorite sports team and players.
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In terms of licensed sports merchandise product category type, video games or software is the most potential market which is expected to witness significant growth rate during the forecast period due to its growing popularity among consumers of all age groups and also due to strong performance of mobile games. Hence, growth of this particular product category is on the rise and is anticipated to maintain its position during the forecast period from 2018 to 2026.
Growth in the licensed sports merchandise industry is driven by rise in number of sporting leagues across North America specifically in the U.S. Future growth in the licensed sports merchandise market is anticipated to be fuelled by the innovation and development of more attractive and stylish sports apparel and sports accessories. Retail sales of licensed sports goods based on sports events and leagues has experienced steady growth in the past few years and this trend is expected to continue over the forecast period from 2018 to 2026. With improved economic conditions, consumers are expected to spend lavishly on licensed sports goods to support their favorite sports team in developed countries such as the U.S., Canada, Germany and the U.K.
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Global Indoor Humidifier Market to Reach US$300.4 mn by 2020 as Commercial Spaces Focus on Maintaining Air Quality

Transparency Market Research has recently published a new research report that discusses the indoor humidifier market in North America. According to the research report, titled “Indoor Humidifier Market – North America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020”, the market is set to witness a positive growth rate due to the growing adoption of humidifiers in several places. The research report back up this forecast with the help of market measurement tools such as a SWOT analysis and Porter’s five forces analysis. The report also estimates the political, economic, social, technological, legal, and environmental aspects of the market to highlight their impact on the growth of the North America indoor humidifier market.
Browse the full Indoor Humidifier Market (Ultrasonic, Evaporative, Warm-mist, Vaporizers and Steam to Steam) – North America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020 report at https://www.transparencymarketresearch.com/north-america-indoor-humidifier-market.html
According to the research report, the indoor humidifier market was valued at US$212.4 mn in 2013 and is expected to reach US$300.4 mn in 2020, registering a CAGR of 5.40% from 2014 to 2020. The steady growth of the indoor humidifier market in North America is largely due to the growing awareness about maintaining indoor air quality, especially in commercial spaces. This market is also being propelled by the ongoing research and development that is leading to the introduction of energy-efficient indoor humidifiers and integration of HVAC equipment with humidifiers.
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The indoor humidifier market has been segmented on the basis of product, application, and geography. The products sold in the North America indoor humidifier market are ultrasonic humidifiers, warm-mist humidifiers, evaporative humidifiers, vaporizers, and steam to steam humidifiers. The applications of humidifiers are seen in the industrial and commercial sectors. The industrial sector is inclusive of the automotive industry, the IT industry, the healthcare industry, the textile, wood, paper, and pulp industry, and the food and beverage industry. On the other hand, the commercial sector consists of education institutes, enterprises, retail and cold stores, and media and entertainment. Geographically, the indoor humidifier market is segmented into the U.S. and Canada.
Among the product segments of the indoor humidifier market in North America, the evaporative indoor humidifiers segment holds a dominating position, as it generated 34.2% of the total revenue in 2013. Research analysts predict this segment will hold the leading position between 2014 and 2020, expanding at a CAGR of 5.70%.
The research report profiles some of the key players in the North America indoor humidifier market such as DRI-STEEM Corporation, Pure Humidifier, Carel Industries, S.p.A, MEE Industries, Inc., Armstrong International, Inc., and Walter Meier Group. The report assesses each of these players and offers detailed data on the financial overview of these companies, their business and marketing strategies, plans for strategic mergers and acquisitions, and investment outlook for the near future.
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Global Intellectual Property Software Market: Growing Awareness of Companies to Protect their Rights Spikes Demand

Transparency Market Research observes that the global intellectual property software market is highly competitive in nature due to presence of several players in the global market. Some of the leading players in the global market are Ambercite, IP Checkups, Inc., Clarivate Analytics, IPfolio, Wellspring Worldwide, LexisNexis, XLPAT, Innography, Inc., Aistemos, TORViC Technologies, Inc. Players are expected to widen their product portfolio in the coming years. Many intellectual property software providers are emphasizing on developing enhanced licensing platforms for delivering high quality solution and reduce operational cost across the industries.
According to Transparency Market Research, the global intellectual property software market is expected to be worth US$6,758.4 mn by the end of 2025. During the forecast years of 2017 and 2025, the global market is expected to exhibit a CAGR of 14.3%. As of 2016, North America intellectual property software market held a share of 30% and is expected continue its dominance in the forthcoming years as well. Analysts expect the software segment will lead the global market as it held a share of 50.0% in 2016 in the overall market.
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Wide Range of Applications Identified as Key Growth Driver for Global Market
Intellectual property software supports the business across a wide range of applications which includes prior art search, intellectual property filings, product teardowns, patent landscape, patent portfolio analysis, business strategies, and others such as patent portfolio mining, and licensing/ litigation support.
Global intellectual property software market is mainly driven by growing emphasis of companies towards the protection of intellectual assets by gaining patents, and licenses for their innovations and technologies. In addition, increasing demand for effective and efficient management of intellectual properties gained by companies is also contributing in the growth of intellectual property software across the world. The growing unauthorized and illegal sale of tangible and intangible assets and duplication of products is anticipated to supplement the large-scale adoption of intellectual property software over the forecast period.
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Global Car Rental Market: Greener Services to Open up Lucrative Growth Avenues for Market Players

The global car rental market is highly consolidated landscape as the top five players accounted for a whopping share of more than 75.0% in 2015, finds Transparency Market Research (TMR). These leading companies are Sixt SE, Europcar, The Hertz Corporation, Avis Budget Group, Inc., and Enterprise Rent-A-Car. The top players are proactively focused on boosting their fleet sizes and offering technologically advanced gadgets for the users, in order to consolidate their shares in various regions. The market is intensely competitive and these strategic measures are further expected to intensify the rivalry among the players, observes TMR.
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Several car rental service providers are actively offering quality services specially tailored to suit a wide range of needs of inbound and domestic travelers, in a move to gain a competitive edge over others. The global car rental market is projected to rise at a CAGR of 14.40% from 2014 to 2024. Growing at this pace, the valuation of the market is anticipated to reach US$290.07 bn by the end of 2024.
Regionally, the global car rental market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Of these, the North America market held the dominant share of over 30% in 2015 and is projected to lead throughout the forecast period. The presence of prominent car rental service providers in countries such as the U.S. and Canada is boosting the regional market.
Based on category, the car rental market is segmented into local usage, airport transport, and outstation. Of these, the major demand for car rental services is expected to come from airport transport. The dominance of the segment throughout the forecast period is mainly attributed to the constant rise in global passenger traffic and the rising per capita incomes of citizens in various industrialized nations.
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U.K. Insect Repellent Market: Deepening of Distribution Channels to Create Lucrative Growth Opportunities

The U.K. market for insect repellents demonstrates a highly consolidated competitive landscape, finds a report by Transparency Market Research (TMR). The top four participants, namely BASF SE, Avon Products Inc., DuPont, and S. C. Johnson & Son, collectively, held more than 60% of this market in 2016. With the leading players aggressively focusing on product innovation and advancements the current offering in order to gain greater visibility, the competition within this market is expected to intensify further in the years to come, states the report.
As per the report, the U.K. market for insect repellents, stood at US$66.4 mn in 2016, is expected to rise at a healthy CAGR of 4.90% between 2017 and 2025 with the opportunity in this market surging to US$100.0 mn by the end of the period of the forecast.
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Demand for Non-Body Worn Insect Repellents to Remain High
Non-body worn insect repellent products held the majority market share in 2016 and are anticipated to witness a steady growth rate during the forecast period, thanks to the high demand for coils, mats and sheets, liquid/electric vaporizers, and aerosols among consumers. These products provide protection from dangerous insect-borne diseases such as malaria, dengue and yellow fever among others.
Body worn insect repellent products are anticipated to witness a high-paced growth during the forecast period due to the increasing consumer awareness about the safety aspect of these products. These products are mostly made of natural ingredients such as citronella oil and eucalyptus oil, which have minimal toxicity levels and do not have any side effects when applied on the skin. Sprays are also manufactured from these natural raw materials and are considered to be safe for children, with little or no side effects, states the research report.
Increasing Demand Efficient Insecticides to Create Growth Opportunities
“The increasing demand for new and innovative insecticides containing natural ingredients is likely to create significant growth opportunity for the insect repellent market in the U.K. over the forthcoming years,” says a TMR Analyst. Manufacturers operating in this market are constantly engaged in extensive research and development activities to develop natural and safer products compared to synthetic products.
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Tuesday, May 8, 2018

Application Lifecycle Management (ALM) Market to Reach US$4.39 Bn in Revenue by 2023

Transparency Market Research has released a new market report titled Application Lifecycle Management (ALM) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023. According to this report, the global ALM market revenue stood at US$2.04 Bn in 2014 and is expected to reach US$4.39 Bn by 2023 at a CAGR of 8.9% from 2015 to 2023.
Browse the full Application Lifecycle Management (ALM) Market (By Component – Software, Services; By End-User – Automotive and Transportation, Aerospace and Defense, BFSI, Energy and Utilities, Retail, Healthcare, IT and Telecom, Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 report at https://www.transparencymarketresearch.com/application-lifecycle-management-market.html
Application lifecycle management (ALM) is a process that is used to coordinate and manage different phases of software development. As a result, software can be designed, delivered, and deployed faster, reducing time to market. ALM solutions have been adopted by companies in various developed economies in North America with a view to maintaining their business agility and flexibility, as ALM increases the business efficiency by creating and enforcing standards across all related project stages, and performing more appropriate allocation of human and technological resources. Also, increasingly cloud-based ALM solutions are being adopted by enterprises around the globe. This is due to the benefits offered by cloud-based implementation models, such as low upfront costs, hosted computing services without any investments in infrastructure, and increased scalability. The cloud-based ALM solutions segment is anticipated to grow the fastest, with an expected CAGR of 8.7% during the forecast period due to their ability to provide global access to information and processes in software development. The ALM services market is segmented into consulting, professional, operation, and maintenance. In 2014, global ALM services component revenue accounted for 1.13 Bn, which is approximately 55% of the overall ALM market.
The IT and telecom end-user segment acquired the majority share of the ALM market in the year 2014. It was also the fastest-growing segment, projected to expand at a CAGR of 9.3% from 2015 to 2023. Rising technical as well as managerial challenges and variations in software with different standards in different regions have led to high adoption of ALM solutions among IT and telecom end-users.
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