Gmi Research

 The IoT in Construction Market is expected to grow at a faster CAGR over the forecast period (2020-2027). The factors driving growth of the IoT in Construction Market includes growing concerns related to safety of workers at construction site, increasing demand for smart glasses, wearable sensor, and safety vests, rising adoption of advanced technologies such as unmanned ariel vehicles and autonomous vehicles and improvements in the living standards. As per the Occupational Safety and Health Administration (OSHA), over 252,000 construction sites employee around 6.5 million people across United, repetitive motion injuries, insufficient protective equipment and collapsed scaffolding, at construction sites, are pushing the demand for IoT solutions in the construction industry. Moreover, IoT solutions offer enhanced safety, saves time and money, helps in streamlining processes, enables real-time reporting and increases lifespan of buildings, which are expected to create tremendous op...

  The Alcoholic Beverages Market is projected to reach USD 1,759 billion by 2027, growing at a CAGR of 2.2% over the forecast period (2020-2027). The factors driving growth of the Alcoholic Beverages Market includes rising demand for wine and dark spirits, expansion of pubs, bars, and restaurants around the world, increasing acceptance for striking flavors of beers, buys lifestyles, growing consumers preference for premium alcoholic drinks and improvements in the living standards. For instance, the revenue generated from the sales of wine products worldwide is expected to reach USD 311 billion by the end of 2022, growing at a CAGR of 11.80% over the forecast period (2022-2025), which is expected to accelerate the Global Alcoholic Beverages Market in the approaching years. Moreover, increasing availability of alcoholic beverages over e-commerce platforms, Government initiatives promoting the consumption of alcoholic drinks, growing adoption of advanced technologies by manufactures,...

  The Saas Customer Relationship Management (CRM) Market is estimated to grow at a faster CAGR over the forecast period (2020-2027). The factors driving growth of the Saas Customer Relationship Management (CRM) Market includes increasing use of SaaS for managing customers relations across Telecom, Manufacturing and Retail industries, rising focus of companies on enhancing IT infrastructure, Government initiatives promoting digitalization and rising popularity of online banking services. Rising adoption of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT), increasing penetration of social media users and improvements in the living standards of people, are supporting the market growth. In addition, the increasing investments by leading players on research and development, growing disposable incomes and rapid urbanization, are further contributing towards the market growth. However, growth of the Saas Customer Relationship Management (CRM) Market...

  The Rubber Repair Adhesives Market is expected to grow at a robust CAGR over the forecast period (2020-2027). The factors driving growth of the Rubber Repair Adhesives Market includes increasing application of rubber adhesives in the maintenance of rubber conveyor belts, pulleys and rollers, expansion of the mining and construction industries, and improvements in the living standards. For instance, the revenue generated by the construction industry across United States is expected to reach USD 10.50 billion by the end of 2022, expanding at a CAGR of 3.90%, over the forecast period (2022-2025), which will accelerate the Rubber Repair Adhesives Market size in the approaching years. Moreover, technological advancements in rubber adhesives, rise in Government’s expenditure on infrastructure projects around the world, rise in the launch of new products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments b...

  The Power Device Analyzer Market is expected to grow at a faster CAGR over the forecast period (2020-2027). The factors driving growth of the Power Device Analyzer Market includes growing demand for electric vehicles around the world, rising focus on using renewable sources of energy, Government policies promoting the manufacturing of semiconductor and electronics and improvements in the living standards. For instance, the revenue generated form the sales of electric vehicles worldwide are expected to reach USD 384 billion by the end of 2022, growing at a CAGR of 17.80% over the forecast period (2022-2027), which is expected to accelerate the Power Device Analyzer Market size in the approaching years. Moreover, increasing application of power analyzers in testing power electronics, inverters, and motors, growing adoption of Artificial Intelligence (AI) and Internet of Things (IoT) across industry verticals, and rapid urbanization are supporting the market growth. In addition, t...

  The Food Processing & Handling Equipment Market is expected to reach USD 200 billion by 2026, growing at a CAGR of 6.2% over the forecast period (2019-2026). The factors driving growth of the Food Processing & Handling Equipment Market includes growing demand for meats and confectionary products, increasing consumers inclination towards adopting healthy lifestyles, expansion of the processing industry and improvements in the living standards. Moreover, growing adoption of automated processing technology by manufacturers, increasing popularity of ready-to-eat food products, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, strategic mergers, and collaborations between key industry players, rising disposable incomes and growing population growth rates, are further contributing towards the market growth. ...

  The Managed Services Market was valued around USD 217.8 billion in 2020 and is expected to reach USD 558.8 billion by 2028, growing at a CAGR of 12.5% over the period (2021-2028). The factors driving growth of the Managed Services Market includes growing demand for securing IT infrastructure from cyberattacks or data breaches, Government regulations promoting digital transformation, emerging trend of Bring Your Own Device (BYOD) and improvements in the living standards. For instance, more than 31,000 cases of cybercrimes were reported worldwide, and the number of global data breaches rose to 4,000 during the same year, which is expected to accelerate the Global Managed Services Market in the approaching years. Moreover, growing adoption of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML) and Big Data Analytics, increasing emphasis of business on enhancing operational efficiency and rapid urbanization, are some of the additional factors supplement...

  The OLED Market is anticipated to expand at a remarkable CAGR during the forecast period The factors driving growth of the OLED Market includes increasing penetration of smartphones and gaming consoles around the world, Government policies supporting OLED lighting research, growing popularity of smart Televisions and improvements in the living standards. For instance, the revenue generated from the sales of video game consoles across India is expected to reach USD 13.40 billion by the end of 2022, growing at a CAGR of 10% over the forecast period (2022-2026), which will accelerate the Global OLED Market in the approaching years. Moreover, OLED displays provides enhanced image quality, increasingly used to manufacture back-window alerts, rear-view mirrors, and dashboard displays in the automobile sector and are easy to recycle as compared to LCDs, are some of the factors pushing the OLED Market Growth . Moreover, technological advancements in OLED displays, rise in the launch of ...

 The Switch Mode Power Supply Transformers Market is estimated to expand at a higher CAGR over the forecast period. Request a free sample of this report The factors driving growth of the Switch Mode Power Supply Transformers Market includes increasing deployment of switch mode power supply transformers at industrial controls systems, security systems used in offices and machine tools, growing popularity of electric vehicles, miniaturization of electronic components and improvements in the living standards. Moreover, rising need of Internet of Things (IoT), Artificial Intelligence (AI) and Machine Learning (ML) along with the growing demand for switch mode power supply transformers among manufacturing centers, are other factors propelling the market growth. In addition, light weight, and compact size features of switch mode power transformers, increasing investments by major players on research and development, rise in the launch of innovative products and growing population gr...