Gmi Research

  The Field Device Management Market is projected to grow at a fastest CAGR over the forecast period. The factors driving growth of the Field Device Management Market includes emergence of smart factories, rising focus of manufacturers on reducing operational and maintenance cost, increasing need for automation in industries, Government polices promoting digitalization and improvements in the living standards. The Industrial Internet of Things (IIoT), which is increasingly being used by businesses, cloud computing solutions, an increase in the introduction of new goods, rising global power consumption, and fast urbanization are some other drivers supporting market expansion. In addition, the increasing investments by major companies on research and development, strategic mergers and collaborations between industry players and growing population growth rates, are further contributing towards the market growth. However, growth of the Field Device Management Market is hindered due to...

  The Simulation Software Market is expected to reach USD 29,327 million by 2027, growing at a CAGR of 12.7%, over the forecast period (2020-2027). The factors driving growth of the Simulation Software Market includes growing popularity of autonomous cars and electric vehicles, rising focus of companies on reducing production and training expenses, increasing demand for environment friendly work environment and improvements in the living standards. Moreover, simulation software supports and enhances core-business skills, helps in achieving error-free output in a production process, enables designing and optimization of products and solutions and are cost-effective, are some of the features supplementing the Simulation Software Market share . In addition, the increasing investments by major companies on research and development, strategic partnerships between enterprises, growing adoption of technologies such as Augmented Reality, Virtual Reality and 3D printing, are further contrib...

  The Roofing Market is expected to expand at a remarkable CAGR during the forecast period (2020-2027). The factors driving growth of the market includes increase in the construction of hotels, schools, and industrial buildings around the world, rising focus of manufacturers on developing energy effecient roofing systems, expansion of the construction industry, launch of environment friendly roofing solutions and improvements in the living standards. Roofing materials possess enhanced heat reflection property, high durability, minimizes energy consumption in building structures, provides better air quality, improved aesthetics and are easy to install, are some of the features pushing the Roofing Market share . Moreover, rise in Government’s expenditure on infrastructure projects, growing demand for bituminous roofing solutions in residential and commercial buildings, increasing adoption of advanced technologies by manufacturers, and rapid urbanization, are some of the additional f...

  The Measurement While Drilling Market is estimated to grow at a robust CAGR over the forecast period (2021-2028). The factors driving growth of the Measurement While Drilling Market includes rising focus of oilfield service companies on discovering new reserves of hydrocarbons, growing production of shale gas, increase in the prices of crude oil around the world and improvements in the living standards. Moreover, growing adoption of advanced technologies by manufactures, emerging need to monitor wellbore conditions during drilling process, rise in the launch of innovative drilling equipment and rapid urbanization, are some of the additional factors supplementing the Measurement While Drilling Market share . In addition, the increasing investments by major companies on research and development, strategic partnerships, and collaborations between enterprises, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.   How...

  The Childcare Management Software Market was estimated around USD 153 million in 2020 and is expected to grow at a CAGR of 7%, over the forecast period (2021-2028). The factors driving growth of the Childcare Management Software Market includes rise in the number of enrolments in preschool and playschools, increase in the number of working woman population around the world, growing demand for efficient systems to manage the regular activities of children and improvements in the living standards. For instance, the number of students enrolled in public and private pre-primary education institutions across Europe and Central Asian region have increased from 21.95 million in 2007 to 25.44 million in 2014, which will accelerate the market growth in the approaching years. Moreover, childcare management software helps in managing internal operations of childcare centres, enhances parent engagement, and provides ageing and billing related reports, are some of the features pushing the Ch...

  The Crypto Asset Management Market was estimated around USD 315 million in 2020 and is predicted to grow at a CAGR of 21.1%, over the forecast period (2021-2028). The factors driving growth of the market includes rise in the number of institutional investors and wealth managers investing first time in crypto currency, surge in the volumes of online transactions around the world, emerging need to secure cryptocurrency assets, Government initiatives promoting digitalization and improvements in the living standards. Cryptocurrency asset management platforms allow investors to manage different wallets in one spot, simplifies the management of the developing crypto asset for seasoned traders, and helps users to increase their portfolio, are some of the features pushing the Crypto Asset Management Market size . Moreover, increasing adoption of cryptocurrency across industry verticals such as Healthcare, Retail and Commerce, BSFI, advancements in Internet of Things (IoT) and Artificial ...

  The Cosmetic Dentistry Market was valued around USD 6,900 million in 2020 and is expected to grow at a CAGR of 5%, over the forecast period (2021-2028). The factors driving growth of the Cosmetic Dentistry Market includes increasing geriatric population around the world, growing acceptance amongst consumers for aesthetic treatments, rising prevalence of dental disorders such as tooth decay, gum diseases and dental cavity, expansion of dental tourism across developing countries and improvements in the living standards. According to the report published by World Health Organization (WHO), the global average prevalence of complete tooth loss amongst people aged 20 years and older was estimated around 7%, whereas global prevalence for people aged 60 years and older, was calculated around 23%, which will boost market growth in coming years. Moreover, technological advancements in Computer Aided Computer Aided Manufacturing Systems, growing awareness about maintaining oral hygiene, ris...

  The Data Annotation Tools Market was projected around USD 1,355 million in 2020 and is anticipated to expand at a CAGR of 27.2%, over the forecast period (2021-2028). The factors driving growth of the market includes growing demand for image data annotation tools across end-use industries such as Automotive, Retail, and Healthcare, rise in the volumes of data generated by businesses, growing demand for autonomous vehicles around the world and improvements in the living standards. Moreover, growing adoption of advanced technologies such as Artificial Intelligence (AI), Big Data Analytics, and Machine Learning (ML) to improve customer’s experience, rise in the launch of innovative products and rapid urbanization, are some of the important factors augmenting the market growth. In addition, the increasing investments by major companies on research and development, strategic mergers, and acquisitions between key industry players, rising disposable incomes and growing population growth...

  The Millets Market was estimated around USD 9,300 million in 2019 and is predicted to grow at a robust CAGR of 4.2% over the forecast period (2020-2027). The factors driving growth of the market includes growing prevalence of diabetes and obesity around the world, nutrition programs launched by Governments, increasing availability of millet products at e-commerce platforms, emerging trend of veganism, and improvements in the living standards. For instance, the number of people worldwide living with diabetes is expected to increase from 643 million in 2030 to 783 million by the end of 2045, which is expected to push the demand for millet products in the approaching years. Millets are in nutrients such as copper, magnesium, and phosphorus, enhances digestion, prevents gastrointestinal problems, and combat against bowel related problems, are some of the features propelling the market growth. Moreover, growing adoption of advanced technologies by manufacturers, rise in the launch of...

  The Sorbic Acid Market is estimated to grow at a significant CAGR during the forecast period (2020-2027). The factors driving growth of the Sorbic Acid Market includes increasing application of sorbic acid in end-use industries such as Pharmaceuticals, Cosmetics & Personal care, and Animal Feed, growing consumption of processed meat products, rising use of sorbic acid to prevent food from contamination or spoilage and improvements in the living standards. Moreover, growing demand for clean-labelled preservatives, rising focus of manufacturers on enhancing the functional characteristics of sorbic acid, increase in the launch of new 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 partnerships, and collaborations between key industry players, rising population growth rates and growing disposable incomes, are further contributing ...

  The HVAC Pump Market is estimated to grow at a significant CAGR during the forecast period (2021-2027). The factors driving growth of the HVAC Pump Market includes rise in the installation of HVAC systems in offices, sports complex, hospitals and manufacturing plants, growing demand for heating, and cooling devices, increasing concerns related to carbon emissions and climate change, rising population growth rates and improvements in the living standards. The circulating pumps minimizes downtime, enhances operations, easy to install, and can be monitored to increase the comfort of users, are some of the features pushing the HVAC Pump Market size . Moreover, growing adoption of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT), rising focus of manufactures for developing energy efficient pumps, increase in the launch of new products and rapid urbanization, are some of the additional factors supplementing the HVAC Pump Market share . In additio...

  The High Performance Trucks Market is estimated to grow at a robust CAGR over the forecast period (2020-2027). The factors driving growth of the High Performance Trucks Market includes growing popularity of electric trucks around the world, increasing use of high performance trucks in construction activities, rising demand for frozen perishable commodities and improvements in the living standards. Moreover, technological advancements in high performance trucks, rise in the launch of new products, expansion of the e-commerce industry, increasing concerns related to environmental pollution and rapid industrialization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, strategic collaborations, and partnerships between enterprises, rising population growth rates and growing disposable incomes, are further contributing towards the market growth. However, growth of the High Perfor...

  The Automotive Integrated Circuit (ICs) Market is expected to grow at a faster CAGR over the forecast period (2020-2027). The factors driving growth of the Automotive Integrated Circuit (ICs) Market includes growing demand for autonomous vehicles around the world, strict regulations imposed by Governments regarding driver’s safety, fall in the prices of integrated circuits, and improvements in the living standards. Moreover, integration of Internet of Things (IoT) with integrated circuits, increase in the production of electric vehicles across the globe, 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 by major companies on research and development, strategic partnerships, and collaborations between companies, rising population growth rates and growing disposable incomes, are further contributing towards the market growth. However, growth of the Automotive Integr...

  The Industrial Hose Market was estimated around USD 9251 million in 2019, growing at a CAGR of 9.3% over the forecast period (2020-2027). The factors driving growth of the Industrial Hose Market includes rise in the number of infrastructure related projects around the world, growing demand for hoses for material handling in the construction industry, increase in the production of electric vehicles, and improvements in the living standards. Moreover, rising focus on modernizing agricultural practices, growing adoption of advanced technologies by manufacturers, increasing use of durable industrial hoses to prevent fatal accidents and rapid urbanization, are some of the additional factors supplementing the Industrial Hose Market size . In addition, the increasing investments by major companies on research and development, strategic mergers and acquisitions between leading players and growing disposable incomes, are further propelling the market growth. However, growth of the Industr...

  The Fish Farming Market is projected to reach USD 378 billion by 2027, growing at a 5.1% during the forecast period (2020-2027). The factors driving growth of the Fish Farming Market includes rise in the production of fish worldwide, increasing awareness about the benefits of consuming fish, growing demand for organic fish products, Government policies promoting freshwater aquaculture and improvements in the living standards. For instance, the global fish production has increased from 173 million metric tons in 2017 to 17 million metric tons in 2021, which is expected to accelerate the Fish Farming Market size in the approaching years. Moreover, increasing consumers inclination towards adopting healthy lifestyles, growing adoption of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and Augmented Reality, food security concerns and rapid urbanization, are propelling the market growth. In addition, the increasing investments by major companies o...

  The Enterprise File Synchronization and Sharing Market is projected to reach USD 26,220 million by 2027, growing at a CAGR of 27.9% over the forecast period (2020-2027). The factors driving growth of the Enterprise File Synchronization and Sharing Market includes increase in the number of digital workplaces, emerging trend of Bring Your Own Device (BYOD), rising focus of organizations on reducing operational costs, growing demand for content and information security and improvements in the living standards. Enterprise file synchronization and sharing (EFSS) services provides live document version tracking, commenting, and provides integrated solutions for employees to handle collaboration and content management related tasks, are some of the features pushing the market growth. Moreover, increasing adoption of (EFSS) by Private and Government organizations to transfer data and required documents within organization, rising emphasis on protecting corporate data and rapid urbanizat...