Friday, August 16, 2019

Software-defined Data Center Market Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027

According to a new market research report published by Credence Research “Software-defined Data Center Market (by Component Type – Hardware, Software and Service; by Type – Software-defined Computing, Software-defined Storage, Software-defined Data Center Networking and Automation & Orchestration; by Data Center Size – Mid-sized Data Center, Enterprise Data Center and Large Data Center; by Industrial Vertical – Banking, Financial Services and Insurance (BFSI), Retail & E-Commerce, IT & Telecommunication, Government & Defense, Education, Healthcare, Manufacturing and Others) – Growth, Future Prospects, and Competitive Analysis, 2019 - 2027”, the global Software-defined Data Center market set to hit the market value of US$ 165.3 Bn in 2027 and expected to witness significant CAGR of 16.4% throughout the forecast period from 2019 to 2027.
Market Insights 
A Software-Defined Data Center (SDDC) refers to data storage facility in which all elements of the infrastructure such as storage, networking, and security are virtualized and delivered as service. Provisioning, deployment, monitoring & automation and configuration & operation of the infrastructure is abstracted from hardware and executed in software. Several largest technology delivering organizations in the Internet network space adopted such approach to drive cost savings and improve manageability for multiple types of workloads. These architectures use commodity hardware components that are combined with proprietary technologies such as custom applications, platforms, and containers.
Overall software-defined data center market is segmented based on component, type, data center size, and industry vertical. Software-defined data center networking segment accounted to be the largest segment throughout the forecast period. Software-Defined Network (SDN) offers to move the network control plane to the software running on server. This improves programmability, efficiency, and extensibility. SDN is one of the most developed and favored software-defined technologies in recent years. North America was the largest market for software-defined data centers in 2018, chiefly due to early adoption of networking and cloud-based technology across multiple industrial verticals. Similarly, Asia Pacific market initiated to catch-up with significant pace in software-defined data center market primarily due to rapidly growing end-use industries.
Competitive Insights:
Major players in the software-defined data center market include Nutanix, Microsoft Corporation, Huawei Technologies Co. Ltd., The Hewlett Packard Enterprise Company, Red Hat, Inc., Vmware, Inc., Dell EMC, International Business Machines Corporation, Cisco Systems, Inc., and NEC Corporation among others. The software-defined data center service providers are espousing multiple strategies to thrive in the fragmented market ecosystem. Key players of the market are aiming on technological advancements as well as distinguishing their service offerings through advanced and user-friendly value propositions to sustain their place in the market. For instance, in January 2019, Huawei Technologies Co. Ltd. introduced the arm-powered server-class products that solidified the arm’s future in the data center space.  Similarly, in May 2018, The Hewlett Packard Enterprise Company announced the acquisition of Plexxi Inc. that expected to help HP Enterprise to deliver simplicity and speed to consumers by strengthening software-defined portfolio.
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By Component type Segment (2017–2027; US$ Bn)
  • Hardware
  • Software
  • Services
By Type Segment (2017–2027; US$ Bn)
  • Software-defined Computing
  • Software-defined Storage
  • Software-defined Data Center Networking
  • Automation & Orchestration
By Data Center Size Segment (2017–2027; US$ Bn)
  • Mid-sized Data Center
  • Enterprise Data Center
  • Large Data Center
By Industrial Vertical Segment (2017–2027; US$ Bn)
  • Banking, Financial Services and Insurance (BFSI)
  • Retail & E-commerce
  • IT & Telecommunications
  • Government & Defense
  • Education
  • Healthcare
  • Manufacturing
  • Others
By Geography Segment (2017–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Latin America
  • Middle East & Africa (MEA)
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Supply Chain Analytics Market: Global Industry Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027 | Credence Research

According to a new market research report published by Credence Research “Global Supply Chain Analytics Market (Software (Spend and Procurement Analytics, Supplier Performance Analytics, Demand Analysis and Forecasting, Inventory Analytics); Services (Managed Services, Professional Services); Deployment Model (On-Premises, Cloud)) Industry Analysis and Forecast, 2019 - 2027”, the global supply chain analytics market is anticipated to grow with a CAGR of more than 15.0% during the forecast period from 2019 to 2027, starting from US$ 4.51 Bn in 2018.
Market Insights
The global supply chain analytics market is growing at a rapid pace owing to the growing need to improve the prominence on supply chain activities such as shipments, orders, and inventory. Additionally, factors such as restricting the product life cycles, ineffective supplier networks, redundant forecasts, low supply chain visibility, elevated warehousing costs, and changing customer demands have further encouraged the growth of supply chain analytics market during the forecast period. The limited awareness regarding supply chain analytics solutions and its applications in developing and underdeveloped regions and high cost for small and medium scale enterprises are some of the factors restricting the growth of the supply chain analytics market.
Cloud-based models is expected to maintain its market position by continuing as the highly preferred deployment model of supply chain analytics solutions. Increasing adoption of cloud storage across various industrial sectors is primarily contributing to the high growth of this market segment. Based on geography, North America holds the largest market share during the forecast period. The primary factor attributed to the high market size of the North American regions is the increasing amount of data generated by the companies operating in various industries. As digitization is penetrated in almost every industry, companies are also utilizing software solutions that simplify their work process and data management systems. This is also predicted to drive the growth of this market in North America. However, the Asia Pacific market is expected to register significant growth over the forecast period.
Some of the major companies profiled in the report include MicroStrategy Inc., IBM Corporation, Oracle, SAP SE, Tableau Software, Accenture, PeopleSoft Inc., Genpact, SAS Institute Inc., JDA Software Group, among others.
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By Software Segment (2018–2023; US$ Bn)
  • Spend and Procurement Analytics
  • Supplier Performance Analytics
  • Demand Analysis and Forecasting
  • Inventory Analytics
By Services Segment (2018–2023; US$ Bn)
  • Managed Services
  • Professional Services
By Deployment Model Segment (2018–2023; US$ Bn)
  • On-Premises
  • Cloud
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Electric Charging Station Market Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027 | Credence Research

According to a new market research a report published by Credence Research “ Global Electric Charging Station Market (Mode Of Charging (Plug-in charging system and Wireless charging system); Power Output (0 to 12 KW, 13KW to 50 KW and Greater than 50 KW); End-use(Private Type And Public Type)) – Growth, Future Prospects, and Competitive Analysis, 2019 – 2027”, The overall electric charging station  market worldwide was valued at US$ 8.8 Bn in 2018 and set to grow with the CAGR of 39% over the forecast period.
Market Insight
The rapid adoption of electric vehicles is the key aspect that drives the growth of the electric charging station market worldwide. The market price of electric vehicles and government initiatives are the major factors that have a positive impact on the demand and the consumption of electric vehicles all over the globe. The electric charging station provides the electric conversion with the monitoring and other safety functionality as it is safe, accessible, reliable and affordable charging infrastructure that contributes in the faster the adoption of electric vehicles.
Additionally, the rising awareness about environmental pollution and the ecosystem are majorly major factor to the growth of the electric charging station market. The governments across several countries are undertaking multiple initiatives to promote the manufacturing and the adoption of electric vehicles. Thus, this anticipated to escalate the growth of electric charging station market. However, the lack of standardization and high initial cost are expected to hamper the growth of the electric charging station market during the forecast period. Moreover, the ongoing technological advancements in the electric charging station to provide affordable and reliable services are projected to serve numerous opportunities in this market in the near future.
Based on the mode of charging the charging station market is classified into plug-in charging system and wireless charging system. The plug-in charging system estimated to hold more than 40% of the total market share over the forecast period. On the basis of Power Output, the market of the electric charging station is bifurcated into 0 to 12 KW, 13KW to 50 KW and Greater than 50 KW. Furthermore, end use of electric charging stations includes the private type and public type stations. The several automotive manufacturers invest heavily in the development of different types, of charging private and the public charging stations that are anticipated to boost the demand of electric charging station in upcoming years.
Among the geographies, Asia Pacific is the largest and the fastest region in the electric charging station market followed by Europe. The high consumption of electric vehicles is the primary factor that drives the growth of Asia Pacific charging station market. China dominates the market of the electric charging station in the Asia Pacific region.  Furthermore, Europe is the second-largest region in this market owing to stringent emission norms adopted by the governments to control exhaust vehicle emission levels and growing demand for electric vehicles. North America also holds significant market shares in the electric charging station market.
Some of the prominent players operating in the electric charging station market include Schneider Electric SE, Siemens AG, ABB Ltd, ChargePoint Inc, Tesla, Inc., EVgo Services LLC, Webasto SE, Chargemaster PLC, General Electric Company, Leviton Manufacturing Co., Inc, among others.
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By Mode of Charging Segment (2017–2027; US$ Bn)
  • Plug-in charging system
  • Wireless charging system
By Power Output Segment (2017–2027; US$ Bn)
  • 0 to 12 KW
  • 13KW to 50 KW
  • Greater than 50 KW
By End-use Segment (2017–2027; US$ Bn)
  • Private Type
  • Public Type
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Wednesday, August 14, 2019

Custom Screen Printing Market Size, Share, Growth, Trends and Forecast 2019 To 2027

According to a new market research report published by Credence Research “Global Custom Screen Printing Market (Substrates (Paper, Plastic, Cotton, Glass and metals); Application (Textiles, Posters, electronic circuit boards, labels, membrane keypads, and other applications)) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall Custom Screen Printing market worldwide was valued at US$22.2 Bn in 2018 and is set to grow with a CAGR of 5.9% during the forecast period.
The screen printing or the silk printing is the term used to refer the printing method used to apply the ink to the paper, wood and commonly clothes. Custom screen printing becomes the most trending technology nowadays. Screen printing plays an important role in creating custom clothes or products.  The rapidly growing trend of creating brand awareness through the custom t-shirt is the key factor that drives the growth of custom screen printing market.
Screen printing is helping the companies to get the attention of the target audience with more friendly and casual ways. In addition, cost-effective and the eco-friendly branding or the marketing provided by the custom screen printing is escalating the growth of custom screen printing market. Online, growing preference for digital printing is expected to hamper the growth of custom screen printing market. Furthermore, the technological advancements in screen printing are projected to create several growth opportunities in the custom screen printing market.
The global custom screen printing market is bifurcated into printing subtract and application. On the basis of printing subtract the market is further categorized into Paper, Plastic, Cotton, Glass, and metals. Among this subtracts, the paper and the cotton hold a considerable market share. In addition, by application, the market for custom screen printing is dominated by the textile application.
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From the past few decades, the textile industry is largely using the screen printing technique. They used to print the various graphical designs on the shirts, children clothes, dresses and others. The growing use of textile screen printing techniques for the marketing and the advertising is promoting the growth of custom screen printing market worldwide.
Geographically, North America dominates the growth of custom screen printing market followed by Europe. The U.S. is majorly contributing to the growth of custom printing market in this region. The growing adoption of the Electronic retailing or e-tailing and availability of attractive graphics designs clothing is the primary factors that drive the growth of North America custom screen printing market. Additionally, the growing use of screen printing in the healthcare application is promoting the growth of custom screen printing market.  Moreover, Asia Pacific is set to grow with the highest CAGR during the forecast period. The economical and the effective quality printing offered by the screen printing increasing its application in the electric circuit board and other labels are accelerating its growth in the Asia Pacific region.
The key players in this market include Printful, CafePress, Inc., CustomInk, LLC, Vistaprint Ltd., Printaholic.com, Touch & Print Pte. Ltd, hai T-Shirt Factory (TTF), Butter Prints, TMaker,  CustomThread, Gecko, JollyPrints and among others.
By Substrates Segment (2017–2027; US$ Bn)
  • Paper
  • Plastic
  • Cotton
  • Glass
  • Metals
By Application Segment (2017–2027; US$ Bn)
  • Textiles
  • Posters
  • Electronic Circuit Boards
  • Labels
  • Membrane keypads
  • Other Applications
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Wireless Power Transmission Market Size, Share, Growth, Trends and Forecast 2019 To 2027

According to a new market research report published by Credence Research “Global Wireless Power Transmission Market (Range (Medium, Long), Technology (Near-Field, Far Field) Application (Consumer Electronics, Industrial Applications, Automotive, Defense)) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall wireless power transmission market worldwide is set to grow with a CAGR of more than 15.5% during the forecast period from 2019 to 2027, starting from US$4.8 Bn in 2018.
Market Insights
The global wireless power transmission market is mainly driven by rapid growth in the consumer electronics market. Globally, technological advancements have enabled companies to develop and provide progressive appliances with additional features. These features are driving the adoption of consumer electronics such as smartphones, laptops, tablets, and so on. Consumer’s preference for wireless connectivity is changing based on features such as effective charging systems, reliability, efficiency, low maintenance cost. This is driving the adoption of wireless power transmission technology.
Furthermore, modern appliances such as drones and electric cars are witnessing a rapid growth which is ultimately fueling the growth of wireless power transmission technology. It is expected that this increasing adoption of wireless transmission systems will totally change the market space for traditional wired chargers used for various portable devices, in the coming few years.
Moreover, easy and comfortable lifestyle, features such as high durability, compact structure, weatherproof nature, and high aesthetics is boosting the demand for wireless chargers rapidly. Also, various benefits provided by this technology for end-users such as convenience, lower energy consumption & prolonged battery life are fueling the growth of this market during the forecast period.
However, rising cost of wireless power technology, lack of infrastructure associated with wireless power devices, and concerns with health issues caused due to the microwave rays released by the transmitter are likely to restrain the market growth. Moreover, high initial cost of investment, government regulations, and issues associated with wireless power devices can also impact market growth during the forecast period.
Based on the application, the consumer electronics segment dominated the market by holding major market share of the overall revenue generated. The consumer electronics market is experiencing rapid growth, which drives the demand for wireless power transmission technique. Increasing use of consumer electronic appliances such as smartphones, laptops and tablets are generated demand for wireless charging facilities, and this driving the growth of this market.
Based on the geography, Asia-Pacific dominates the wireless power transmission market by holding the largest market share of nearly 40% of the total revenue generated worldwide. Asia-Pacific is the major market for consumer electronics products as it is considered to be the base for manufacturing products such as consumer electronics including laptops, smartphones, tablets, and wearable devices. Low manufacturing cost, low labor cost, huge population base and rapid urbanization, has led to the significant demand for electronic devices in Asia-Pacific.
Moreover, penetration of the internet has also enhanced the utilization of electronic appliances such as smartphones, laptops, iPad, and so on. Increase in the application of solar power satellites, drones, and sensors have also created a demand for wireless power transmission in this region. Thus, presence of large consumer electronics industries in the emerging countries of Asia-Pacific, and growing number of research and development activities has attributed to the huge market size of the Asia-Pacific region in the global wireless power transmission market. North America and Europe also witness significant growth in the global wireless power transmission market during the forecast period.
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Some of the major companies profiled in the report include Samsung Electronics Co., Ltd., Qualcomm Technologies, Inc., LG Electronics Inc., Murata Manufacturing Co., Ltd., WiTricity Corporation, Wi-Charge, uBeam, Inc., Texas Instruments Inc., Fulton Innovation LLC, Energous Corporation, Humavox Ltd., Ossia, Inc., and Koninklijke Philips N.V.
Range Segment (2017–2027; US$ Bn)
  • Medium Range
  • Short Range
Technology Protocol Segment (2017–2027; US$ Bn)
  • Near-Field Technology
    • Inductive
    • Magnetic Resonance
    • Capacitive Coupling/Conductive
  • Far-Field Technology
    • Microwave/RF
    • Laser/Infrared
Application Segment (2017–2027; US$ Bn)
  • Consumer Electronics
  • Industrial
  • Automotive
  • Defense
  • Others
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Video Streaming Market Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027

According to a new market report published by Credence Research, Inc., “Global Video Streaming Market (By Solution (Transcoding and Processing, Video Management, Video Delivery and Distribution, Video Analytics, Video Security and Others), By Streaming Type (Live Video Streaming and Video on Demand Streaming), By Platform (Desktops & Laptops, Gaming Consoles, Smartphones & Tablets and Smart TV), By Deployment Mode (Cloud and On-premise), By End-user (Enterprise and Consumer)) - Growth, Future Prospects and Competitive Landscape, 2019 – 2027”, the global video streaming market is expected to witness a growth of 17.7% CAGR during the forecast period from 2019 to 2027.
Product Insights: 
The global video streaming market was valued at US$ 38.11 Bn in 2018 and is expected to witness a considerable growth, expanding at a CAGR of 17.7% during the forecast period from 2019 to 2027. Communication media have become the primary way of interaction owing to the innovation and discovery of several new technologies. Today, video streaming is one of the widely used communication systems. Such type of communications are a good alternatives for face-to-face conferences, and are therefore very useful for coping with many problems caused by distance. In the last decade, the digital landscape has changed significantly. The use of video content on the internet is expected to claim more than 80% of all web traffic in the coming years.
The video streaming market is segmented based on solution, streaming type, platform, deployment mode, end-user and geography. Based on platform, smartphones & tablets segment led the market in 2018. Rapid increase in the video streaming is mainly due to the huge growth in sales of smart devices, especially smartphones & tablets as they have become the major video content creators. As a result, evolution of technology and low cost of mobile devices is one of the major factor driving the growth of video streaming market. Furthermore, based on geography, the video streaming market was dominated by North America in 2018. The region is expected to reign during the forecast period from 2019 to 2027.  The growth is mainly backed by the rising demand for high speed internet connectivity and video on-demand streaming.
Competitive Insights:
Major players in the video streaming market include Netflix, Inc., Amazon.com, Inc., Hulu, Google, Inc., Microsoft Stream, Adobe Inc., Akamai Technologies, Inc., Apple Inc., AT&T Inc., Cisco Systems, Inc., Kaltura, Inc., IBM Cloud Video (Ustream, Inc.), and Wowza Media Systems, LLC among others.  The major players are focusing on taking up strategies such as new product/service development, innovation in the existing services, partnerships, etc. to withstand and flourish in the competitive market surroundings.
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By Solution Segment (2017-2027; US$ Bn)
  • Transcoding and Processing
  • Video Management
  • Video Delivery and Distribution
  • Video Analytics
  • Video Security
  • Others
By Streaming Type Segment (2017 – 2027; US$ Bn)
  • Live Video Streaming
  • Video on Demand Streaming
By Platform Segment (2017 – 2027; US$ Bn)
  • Desktops & Laptops
  • Gaming Consoles
  • Smartphones & Tablets
  • Smart TV
By Deployment Mode Segment (2017 – 2027; US$ Bn)
  • Cloud
  • On-premise
By End-user Segment (2017 – 2027; US$ Bn)
  • Enterprise
  • Consumer
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Predictive Maintenance Market Size, Share, Growth, Trends and Forecast 2019 To 2027

According to a new market research report published by Credence Research “Global Predictive Maintenance Market (Component (Solution, Services); Deployment(Cloud, On-Premise); Technique( Vibration monitoring, Electrical insulation,      Oil analysis, Ultrasonic leak detectors, Performance testing, Others); End-User (Manufacturing, Energy and Utilities, Aerospace & Defense, Healthcare, Automotive,  Government, Transportation, others)) – Growth, Future Prospects and Competitive Analysis,2019 - 2027”,the overall Predictive Maintenance market worldwide was valued at US$ 2.9Bn in 2018 and is set to grow with a CAGR of 28.5% during the forecast period.
Market Insights
The global Predictive Maintenance market is highly driven by the rapid adoption of conditioning monitoring techniques for maintaining the machines. The conditioning monitoring enables the operators to keep the track on the functioning of the machine by various techniques such as vibration monitoring, electrical insulation, oil analysis, ultrasonic leak detectors, performance testing, and others. The rising demand for predictive maintenance among the vertical is due to various advantages such as it reduction in cost for equipment, as the repair made prior to failure resulting in minimizing the cost for the equipment.
Secondly, the unscheduled downtime is minimized as the operators can judge the functionality of the machine which also results in saving of cost and time, increasing the production time. Moreover, the rising utilization of IoT and cloud-based system is also contributing in the growth of the predictive maintenance market. The deployment of cloud with the conditioning monitoring systems and devices has enabled the operators and the users to analyze the condition of the machines from anywhere across the globe, moreover, the techniques also enable the user to analyze functionality and performance of the machine. In 2018 November, Software AG launched a next-generation open and enterprise-grade cloud platform. This platform was made for deploying, testing, managing various enterprise, and IoT applications.
Based on End User, the manufacturing segments dominate the market with a market share of 28.6% in 2018. The high demand from the manufacturing industries for conditioning monitoring is a major factor for driving the predictive maintenance market. The ability of predictive maintenance to predict the machine failure allows the manufacturing industries to analyze the functionality of the machine allowing the user to repair the machine part which is affected to fail during the production.
Asia-Pacific is considered to be the fastest-growing region due to the presence of various manufacturing units, growing demand for automobile, transportation, and consumer electronics industries. Moreover, the presence of various key and local vendors in the region such as Ecolibrium Energy, Hitachi and others also contribute in the growth of the market. Moreover, the increasing rules and regulation for safety measurement in the region is a major factor for driving the predictive maintenance market in Asia-Pacific region. However, North America is the dominating region with a market share of 33% in 2018, which is followed by Europe. Both The North America and Europe has various automobile, manufacturing, oil and gas and other industries which are driving the market.
Some of the major companies profiled for predictive maintenance market are IBM Corporation, SAP SE, General Electric, Software AG, Robert Bosch, PTC Inc., Rockwell Automation, Warwick Analytics, Schneider Electric Se, and RapidMiner.
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Component Segment (2017–2027; US$ Bn)
  • Solution
  • Services
Technique Segment (2017–2027; US$ Bn)
  • Vibration monitoring
  • Electrical insulation
  • Oil analysis
  • Ultrasonic leak detectors
  • Performance testing
  • Others
Deployment Segment (2017–2027; US$ Bn)
  • Cloud
  • On-Premise
End-User Segment (2017–2027; US$ Bn)
  • Manufacturing
  • Aerospace & defense
  • Healthcare
  • Automotive
  • Energy and Utilities
  • Government
  • Transportation
  • Others
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Nanobots Market Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027 | Credence Research

According to a new market research report published by Credence Research “Global Nanobots Market (Type (Microbivore Nanobots, Respirocyte Nanobots, Clottocyte Nanobots, Cellular Repair Nanobots), Application (Nanomedicine, Biomedical, and Mechanical)) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall nanobots market worldwide is set to grow with a CAGR of more than 25% during the forecast period from 2019 to 2027, starting from US$80 Bn in 2018.
Market Insights
The global nanobots market is mainly driven by rapidly growing field of nanotechnology and its applications in various industrial sectors. Multiple applications of nanotechnology in energy, electronic industry, telecommunications, and healthcare and wellness is driving the demand for byproducts developed with the help of this technology. Nanobots are now largely being used to perform multifaceted calculations, move, communicate, and work together, and repair or reproduce themselves to some extent. Furthermore, growing healthcare industry is providing unlimited opportunities for helping patients to get treated with safe, reliable technology and advanced healthcare. This drives the demand for nanobots in treatment of chronic diseases such as cancer and cardiovascular diseases.
Nanobots can scan each and every cell of the body to detect cancerous tendencies if any, and if a cancer is detected, nanobot can act and wipe out the cancer quickly. This can be done with the help of more vigorous and focused tactics than the human immune system is designed for. Adoption of nanotechnology among the specialists, surgeons, medical practitioners and other healthcare staff is expected to support the growth of Nanobots market.
However, high cost of development, stringent regulatory policies associated with development and utilization of nanobots, and restricted use of nanobots in integration with the medical devices are some factors that are likely to hinder the growth of this market during the forecast period.
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Based on application, nano medicine is expected to dominate the global nanobots market by holding around 35% of the overall market. Nanobots are widely used in nano medicine due to increasing healthcare applications of nanobots. Increasing innovations in the field of cancer treatment related to the specific target are largely contributing to the growth of nanobots market.
Based on the geography, North America dominates the nanobots market by holding largest market share of nearly 45% of the total revenue generated worldwide. The large market share of North America can be attributed to factors such as continuous advances and development of modern technology, growing research and development activities in the field of nanotechnology, growing public and private sector funding for research and development, and increasing need for cancer therapy.
North America is followed by Europe owing to its increasing aging population and rising governmental healthcare expenditure. However, Asia-Pacific is expected to witness highest growth during the forecast period. This high growth is mainly attributed to increasing investments in research and development by the major players, improvement in healthcare infrastructure and increasing patient base, and increasing research activities for developing effective cancer treatment. Japan dominates the APAC market however, emerging countries like India are expected to grow steadily as implementation of this technology requires large amount of financial investment by the healthcare organizations and also training for the staff.
Some of the major companies profiled in the report include Xidex Corp., Zymergen Inc., Synthace Limited, Bruker Corporation, JEOL, Ltd., Thermo Fisher Scientific, Oxford Instruments, Kleindiek Nanotechnik GmbH, Toronto Nano Instrumentation, Ginkgo Biowork, Advanced Diamond Technologies, and Advanced Nano Products Co Limited.
By Type Segment (2017–2027; US$ Bn)
  • Microbivore Nanobots
  • Respirocyte Nanobots
  • Clottocyte Nanobots
  • Cellular Repair Nanobots
By Application Segment (2017–2027; US$ Bn)
  • Nano Medicine
  • Biomedical
  • Mechanical
  • Others
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Magnetic Sensors Market Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027 | Credence Research

According to a new market research report published by Credence Research “Global Magnetic Sensors Market (Technology (Hall Effect, Anisotropic Magneto Resistance, Giant Magneto Resistance, Tunneling Magneto Resistance, Others); Application (Speed sensing, Flow rate sensing, Detection/NDT, Position sensing), End-User (Automotive, Consumer Electronics, Industrial, Healthcare, Others)) – Growth, Future Prospects and Competitive Analysis,2019 - 2027”, the overall magnetic sensor market worldwide was valued at US$ 2.2 Bn in 2018 and is set to grow with a CAGR of 7.0% during the forecast period.
Market Insights
The global magnetic sensors market is highly driven by the technological advancement and increasing applications of magnetic sensors in consumer electronics such as smartphones, laptops, IoT devices, and other electronic devices. These sensors are used for measuring different parameters and detection of objects, for instance, these devices are used in devices for measuring flow, speed or position of an object or fluid. Additionally, the adoption of these devices in automotive is a major factor driving the magnetic sensor as these sensors are used in various electronic control systems of cars such as electronic stability control, anti-lock braking and engine management control. Moreover, the increasing investment in the automobile and consumer electronics sector is also driving the magnetic sensor market as companies are researching and developing new materials.
Furthermore, various companies are developing new sensors, technology for improving the efficiency of the work process. In June 2018, Infineon Technologies AG had launched a XENSIV TLE5501 angle sensor family magnetic sensors based on TMR technology. However, the decreasing price of semiconductors and sensor is expected to hamper the market growth.
Based on technology, the magnetic sensor market has been segmented as hall effect, anisotropic magneto resistance, giant magneto resistance, tunneling magneto resistance, others. The Hall Effect technology accounts the largest market share in the magnetic sensor market by technology sensor due to various advantages associated with it such as the ability of Hall Effect sensors to withstand dust, water and vibrations.
The Hall Effect sensors have various applications, for instance, these are used in motor control devices for protection and indications, motion sensing, flow sensing, voltage regulation, and others. The current electric vehicles are also using the Hall Effect sensors based on priority.
Asia-Pacific is expected to be the fastest growing market due to the presence of China, Japan, India, South Korea, and others developed and developing the country in the region. The demand for consumer electronics and automobile is growing with high rate. The increasing disposable income in the region is a factor driving the market in the region. Moreover, the presence of various manufacturing companies of sensors in the region also drives the market.
Some of the major companies Infineon Technologies AG, Analog Devices, Honeywell International Inc., Allegro Microsystems, Inc., Magnetic Sensors Corporation, Alps Electric Co., Ltd, AMS AG, Baumer Ltd., Elmos Semiconductor AG, ST Microelectronics, Texas Instruments Inc., NVE Corporation, Sensoronix, Inc., Asahi Kasei Microsystems, Micoronas Semiconductors, Bosh Sensortec, NXP Semiconductors.
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By Technology Segment (2017–2027; US$ Bn)
  • Hall Effect
  • Anisotropic Magneto Resistance
  • Giant Magneto Resistance
  • Tunneling Magneto Resistance
  • Others
By End-User Segment (2017–2027; US$ Bn)
  • Automotive
  • Consumer Electronics
  • Industrial
  • Healthcare
  • Others
By Application (2017–2027; US$ Bn)
  • Speed sensing
  • Flow rate sensing
  • Detection/NDT
  • Position sensing
  • Navigation and electronic compass
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Legal AI Software Market Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027 | Credence Research

According to a new market research report published by Credence Research “Global Legal AI Software Market (Component (Solutions, Services), Technology (Machine Learning, Deep Learning, NLP), Deployment Model (Cloud, On-premise), Application (Ediscovery, Legal Research, Contract Management, Compliance, Case Prediction) and End User (Corporate Legal Departments, Law Firms)) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall Legal AI Software Market worldwide is set to grow with a CAGR of more than 20% during the forecast period from 2019 to 2027, starting from US$ 240.0 Mn in 2018.
Market Insights
The global legal AI software market is highly driven by increasing inclination toward IOT and automation. Additionally, increasing penetration of artificial intelligence in legal industry is changing the face of this industry and has created a vast demand for these advanced platforms. Artificial intelligence provides various advantages such as process accuracy, efficiency, reduced cost and speed. These advantages have increased adoption of legal AI software in law firms and legal departments. Additionally, rising number of litigations in the legal industry across the world, and need to reduce the time it takes to complete the legal case are also contributing to the growth of legal AI software market during the forecast period. Furthermore, growing need to develop data driven solutions in the legal industry also fuels the adoption of legal AI software by legal professionals. These factors are likely to drive the growth of this market during the forecast period. However, lack of awareness among law firms of the benefits of legal AI software, high cost of installation, and cybersecurity and data privacy concerns of the legal data are likely to restrain the growth of this market during the forecast period.
Based on type of applications, contract management application segment is expected to grow at a highest CAGR during the forecast period. As most of the legal firms conduct contract review process to analyze the risk, and opportunities associated with the contracts. To complete proper contract analysis, AI based software can help understand the language of the contract and the meaning of the clauses. These advantages has increased the adoption of AI software for contract management and is projected to continue to grow during the forecast period. Based on the geography, North America dominates the legal AI software market by holding largest market share of nearly 40% of the total revenue generated worldwide. This market position is mainly attributed to the increasing investments and product developments in the field of artificial intelligence.
Additionally, US being a technologically advanced country, is experiencing growth in digitization in legal industry. Moreover, there is increasing investment in research and development of automation and artificial intelligence techniques in this region. These factors are attributed to the highest position of North America, in the global legal AI market. However, Europe is expected to witness highest growth in the global legal AI software market. As large number of European law firms and legal companies are adopting AI technology, the legal industry is experiencing a rapid transformation. This is the primary factor driving the growth of this market in European region. Additionally, legal AI software market in Asia-Pacific is also growing at a significant pace.
Some of the major companies profiled in the report include Ross Intelligence, Veritone, Thomson Reuters, iManage, LexisNexis, Luminance, Neota Logic, Legalsifter, Everlaw, Pensieve, Casetext, Cognitiv+, Klarity, Nalanda Technology, Omni Software Systems, Lawgeex, Kira, Opentext, Ey Riverview Law, Rradar, among others.
By Component Segment (2017–2027; US$ Mn)
  • Solutions
    • Software Solutions
    • Platforms
  • Services
    • Professional Services
    • Managed Services
By Technology Protocol Segment (2017–2027; US$ Mn)
  • Machine Learning and Deep Learning
  • Natural Language Processing
By Deployment Model Segment (2017–2027; US$ Mn)
  • Cloud
  • On-Premises
By End User Segment (2017–2027; US$ Mn)
  • Corporate Legal Departments
  • Law Firms
By Application Segment (2017–2027; US$ Mn)
  • EDiscovery
  • Legal Research
  • Contract Management
  • Compliance
  • Case Prediction
  • Others
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
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Hyperscale Data Centers Market Size, Share, Growth, Trends, Analysis and Forecast 2019 To 2027

According to a new market research report published by Credence Research “Global Hyperscale Data Centers Market (Component (Solutions, Services), Application (BFSI, Government, IT & Telecom, Entertainment & Media), End-User (Cloud Providers, Colocation Providers, Enterprises)) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the overall hyperscale data centers market worldwide is set to grow with a CAGR of 17.5% during the forecast period from 2019 to 2027, starting from US$ 18.55 Bn in 2018.
Market Insights
The global hyperscale data centers market is highly driven by growing demand for online services such as social networking, gaming websites, and live channels. These online services are generating large volume of data, which needs proper storage and processing facilities. Development and installation of hyperscale data centers enable to provide such storage and processing support. Additionally, cloud computing has also generated a significant change in the data storage requirements and rapid growth of cloud computing is expected also to generate high demand for cloud resources and data centers. Hyperscale data centers are largely adopted by big technology giants such as IBM, Amazon, Google and so on. As there is growth in the IT industry due to technological advancements, the rapid growth in computing technologies is also propelling the demand for hyperscale data centers. Based on high penetration of internet and mobile technologies, and growing computing essentials, hyperscale data centers are emerging as one of the fastest-growing technologies in the IT infrastructure world.
Though, hyperscale data centers projects growth opportunities, factors such as consumption of large amount of power, high heat generation, negative impact on environment,  storage limitations and the high installment cost are some factors that limit the growth of this market.
Based on type of components, networking equipment segment is likely to dominate the hyperscale data center market by holding market share of around 30%. Significant increase in size of IT facilities is expected to support the widespread business operations. This generates demand for smooth data transfer and data integration. Effective network infrastructure is required for proper integration of a large number of servers and storage devices and ensure effective communication and sharing of the enterprise data. This is primarily driving the demand for networking equipment, and thus fuels the growth of this market.
Based on the geography, North America dominates the hyperscale data centers market by holding largest market share of the total revenue generated worldwide. This market position is mainly attributed to the technological advancements and increasing adoption of cloud-based solution for big data storage and cloud computing. Additionally, US being a technological hub, is experiencing growth in cloud computing industry. Asia-Pacific is expected to grow at a highest CAGR during the forecast period. Emerging countries in this region has strong presence of OTT providers and telecom operators. Countries such as India, and China have a strong internet penetration rate, and thus provides high growth opportunities to the service providers. These countries also offer expansion opportunities based on large customer base, and low cost of production.
Some of the major companies profiled in the report include Schneider Electric SE, NVIDIA Corporation, Sandisk LLC, Lenovo Group Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, Cisco Systems, Inc., Dell, Inc., Huawei Technologies Co., Ltd., Cavium, Inc., and Broadcom Ltd. among others.
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By Component Segment (2017–2027; US$ Bn)
  • Solution
    • Cooling
    • Power
    • IT racks & enclosures
    • LV/MV distribution
    • Networking equipment
    • DCIM
  • Service
  • Installation & deployment
  • Maintenance & support
  • Monitoring services
By Application Protocol Segment (2017–2027; US$ Bn)
  • BFSI
  • Government
  • IT & telecom
  • Entertainment & media
  • Others
By End User Segment (2017–2027; US$ Bn)
  • Cloud providers
  • Colocation providers
  • Enterprises
By Geography Segment (2019–2027; US$ Bn)
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • Latin America
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
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Bone Cement Market | Major players are Zimmer Biomet, Stryker Corporation, DePuy Synthes, Cook Medical, DePuy Synthes, Smith & Nephew

The latest market report published by Credence Research, Inc. “ Bone Cement Market  –  Growth, Future Prospects, and Competitive Analysis,...