Wine Market to Reap Excessive Revenues By 2028

 For thousands of years, people have been drinking wine and its benefits have been well documented. But there are still many people who doubt whether drinking wine is good for health or not. Are you also the one or maybe just curious to know what’s the truth? Lemme be your genie today. Follow me through this post and all of your doubts must be resolved within 5 minutes of this reading.

But before that, I would like to take a pause, your majesty, and tell you a little about what is wine and which sector/industry does it belong to for those who don’t know.

Wine is an alcoholic beverage, belonging to the wine industry, that is made from fermented grapes. During the process of fermentation, the sugar in the grapes gets converted into carbon dioxide and ethanol. Different strains of yeasts and different types of grapes give us multiple styles of wine. As per the latest report of Grand View Research on Wine market, the market size of this market was valued at USD 417.85 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2021 to 2028.

Now coming back to if wine has certain health benefits, then, I would say YESsssSSSsss!!!!! (a big one). Below is the infographic that I have designed for you to sum up the 5 benefits that you can derive from wine.

5 health benefits of drinking wine

Before I say goodbye, the only point I would like to highlight is

“wine is beneficial only if consumed moderately.” Too much of everything is bad, isn’t it?

As per USDA’s Dietary Guidelines for Americans, up to two drinks for men and up to one drink for women comes under the category of moderate. Stay Safe and Stay healthy.

5G Services Market Top Players ,Analysis And Forecast Till 2028: Grand View Research Inc.

 This article is all about the evolution of our technology from 1G to 5G. If we go by the latest report on the 5G services market of Grand View Research, this market stood at USD 41.48 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 46.2% from 2021 to 2028. 5G belongs to the next-gen technology sector where one of the most driving factors has been the growing demand for high-speed data connectivity for unified Internet of Things (IoT) applications, such as smart home energy management.

I have created a beautiful infographic for you people where you can find a summary of the evolution of technology from 1G to 5G.

Without talking about the 5G network in this article and concluding it would be slightly unfair. Hence, some little information for you lovely people.

5G technology was the first launched by three South Korean companies namely LG Uplus, KT, and SK Telecom in the month of March 2019 in their country itself. Since then, 5G has been rolled out in 60+ countries such as China, United States, U.K., and Spain to name a few.

How 5G is better?

5G will be faster than 4G in many ways:

• Low latency than 4G
• More security and regulations
• Increased spectrum
• Better connection density
• High speed
• Increased Traffic Capacity
• More efficient network

A journey from 1G to 5G – The evolution of technology

Conclusion

5G is not the end. As everything in the world is constantly evolving so is technology. 5G is yet to be launched by many countries, and we have already started talking about 6G which is planned to be launched somewhere near 2030. With the use of deep learning and big analytics data, 6G looks promising which is almost a decade far. Till then, let’s explore what we have and keep our fingers crossed.

Telemedicine Market to Register Stable Expansion During 2021 – 2028: Grand View Research Inc.

 In today’s tech-savvy world where everything, right from a can to a car can be ordered from online websites and apps, it is high time that medical treatment, which is mostly exclusive to the doctor’s clinic or hospital right now, should also make a change for the better.

This is where Telemedicine comes into the picture. Telemedicine as a process, seeks to distribute health information and its related services through electronic media to the general public. It helps the patients and clinician to contact each other remotely, go through the previous care, review its data and delineate the future course of treatment. In addition to this, it also allows patient follow-ups, reminders, education, intervention, monitoring and remote admissions.

Telemedicine has really come through for many of us in these hard times of pandemic and has seen a remarkable growth in its market share. The infographic below is made to highlight those key market drivers, its challenges and important bifurcation of the market in terms of telemedicine type preferred by the general public. Also, there are some supportive facts that can stir your interest right up in the market. Thank me later!

Telemedicine Market – What & How!

The next section is for those, who were intrigued by the information inside and thought to themselves, What about other market segmentations? or I wish, I got to know more about the market players!  To you my curious friend, I say, et voila!

Some of the important market statistics –

• The global telemedicine market size is expected to reach USD 298.9 billion by 2028
• In Technology, the store and forward segment dominated with largest revenue share of around 40.0% in 2020
• When it comes to Applications, teleradiology segment ruled the roost with more than 26.0% revenue share in 2020
• The web/mobile based delivery model dominated the market for telemedicine and accounted for the largest revenue share of 78.6% in 2020
• Regional market-wise, North America dominated the market for telemedicine and accounted for the largest revenue share of 34.4% in 2020 owing to high demand in the recent past followed by Europe
• COVID-19 has provided a major boost to the telemedicine and is the big reason that telemedicine market is receiving such great demands form all around

Cool facts and Its sources –

• According to GlobalMed, 74% of millennials prefer telehealth visits to in-person doctor exams
• According to MDPI, up to 89% of patients are willing to accept telemedicine as a sufficient form of medical care
• MDPI also states that, 85% of patients who receive telemedicine services are satisfied with their medical care
• On the basis of data from McKinsey, 82% of consumers view digital options as the best way to monitor health

Some Major Market Players –

• MDlive Inc.
• SteadyMD Inc.
• Maven, Inc.
• iCliniq
• HealthTap, Inc.
• BioTelemetry, Inc.
• American Well
• CVS Health
• Synapse Medicine
• Practo
• Teladoc Health, Inc.
• Doctor On Demand, Inc.
• AMD Global Telemedicine
• Aerotel Medical Systems (1998) Ltd.
• Plantronics, Inc. (Polycom)

To have a further understanding about the market, you can visit the official website of Grand View Research, Inc.

Expansion of Pharmaceutical Analytical Testing Outsourcing Market During 2021 – 2028 to Gain Robust Traction: Grand View Research Inc.

 

Do you remember when we go to the office, what is the expectation of our boss from us?

Quality work submitted on time. Maybe?

When we look back to our school and college time, isn’t the same thing that our teacher used to expect from our assignments?

Even today, is quality, not our topmost priority when we do some work or when somebody is doing something for us?

Henceforth, QUALITY IS IMPORTANT.

Just like for us, quality work is also important in the pharmaceutical industry whether it’s method validation, tech transfer, microbiological testing, or method development. In this regard, here what people working in this industry has to say:

“Quality results are what pharma wants; rarely do we hear complaints about cost.”

Michael Crowley, Ph.D., M.S., B.S., Vice President business development, PharmaForm

“The key to everything in our industry is quality. Not only does this refer to the quality of the data, but also the quality and reliability in delivery; the quality of the relationship as well as trust; quality associated with regulatory adherence; quality associated with the communication; quality of the science and people; and quality in working through problems and issues.”

Randall Guthrie, Vice President, Xcelience, LLC

“Price rarely comes up in conversation with clients.”

Frank Santillo, Ph.D., senior director of research services for Bilcare Global Clinical Services

Increasing R&D budgets and investments in drug discovery are among the critical sustainability strategies for pharmaceutical companies. Not all companies have an infrastructure that is conducive to all types of analytical testing. Hence, outsourcing these operations is the most suitable option, which also helps save time and cost.

Other factors, such as the increasing need for product safety & quality, along with changing regulations for in vivo and in vitro tests are also expected to propel the growth of the market. For instance, the government of China issued a notification to upgrade the quality of generic drugs, remove the backlog of drug applications, improve the quality and transparency of the review and approval process, and encourage new drug R&D in line with global development.

Some key points to note:

• As per the latest report by Grand View Research, the global pharmaceutical analytical testing outsourcing market size was valued at USD 6.54 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.3% over the forecast period.
• Innovation in the pharmaceutical industry, increasing focus on regulation, safety & quality, rising number of end-users, and pricing benefits of outsourcing are the key factors driving the market.
• In several nations, analytical laboratories are considered to be a part of the essential healthcare infrastructure, thus analytical studies were continued with minimal or no initial disruptions due to COVID-19.
• The Asia Pacific is expected to be the fastest-growing regional market from 2021 to 2028 as a lot of developed countries are investing in countries in this region.
• Some prominent players in the global pharmaceutical analytical testing outsourcing market include:
  • SGS SA
  • Toxikon, Inc.
  • Eurofins Scientific
  • Pace Analytical Services, Inc.
  • Intertek Group Plc
  • Pharmaceutical Product Development, LLC.
  • WuXi AppTec, Inc.
  • Boston Analytical
  • Charles River Laboratories International, Inc.
  • West Pharmaceutical Services Inc.

Agro Textiles Market Poised to Expand at a Robust Pace of USD 13.04 Billion Over 2028: Grand View Research Inc.

Market Segmentations in a Nutshell

 While, agriculture and textile both are quite ancient practices, only one type of link was established between them, which was unidirectional. That is, agriculture provided raw materials to the textile industry and nothing more. Now, after so many years, a new development has taken place, which includes textile industry’s input for the betterment of agriculture. In simpler words – Agro Textiles.

Agro textiles are those products, which form a part of segment called Technical Textiles and are used for several important purposes, such as, to prevent soil erosion, cover a greenhouse, catch fishes, stop bird attacks, and as a weed control among others. It is classified into woven, non-woven and knitted fabrics. Also, due to its growing efficacy in the applications, cheap prices and variety in products, these products are gaining truckload of demands all over. In short, Agro Textiles Market is expanding and it is expanding well! This makes it one of the best markets to dive in and know more about, as nobody knows where the opportunities might come from! The infographic below shares some of the crucial details regarding the market and makes the reader aware about the market segmentations to focus upon. Have a look yourself!

Now that you have arrived till here, as a token of thanks, I’ll leave you with a bonus section. Next section is focused on providing you with major data statistics of Agro Textiles Market. It will give you better understanding of the market and make you familiar with the major market players.

All about Market in Brief –

• The fishing nets product segment is expected to witness the fastest CAGR from 2021 to 2028 on account of rising demand for these nets as a result of significant use of fish and associated products in the food, skincare, and other industries
• Aquaculture was the dominant application segment in 2020 and is expected to reach USD 7.89 billion by 2028 owing to the rise in aquafarming activities
• Asia Pacific is estimated to witness the fastest CAGR, in terms of revenue, from 2021 to 2028
• This growth can be credited to the surge in demand for high-quality agriculture products and increasing awareness & adoption of advanced materials and tools in the agriculture sector
• The market in China is estimated to witness significant growth over the forecast period on account of advancements in the sector, which boost product demand
• The prominent manufacturers emphasize the advancement and innovation through extensive R&D. Key players have achieved integration among the value chain to strengthen their market positions

Major Market Players –

• Beaulieu Technical Textiles
• Belton Industries, Inc.
• Meyabond Industry & Trading (Beijing) Co. Ltd.
• Capatex Ltd.
• Neo Corp International Ltd.
• Diatex
• Hy-Tex (U.K.) Ltd.
• Zhongshan Hongjun Nonwovens Co. Ltd.
• SRF Ltd.
• Tama Plastic Industry
• Hebei Aining Import and Export Co. Ltd.
• B&V Agro Irrigation Co.

Want to know more about the market and boost your learning experience, please visit Grand View Research, Inc. They are happy to help.

 

Contactless Payment Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Due to COVID-19, the global economy has been disrupted and as a result, has changed the way we do business these days. From adopting social distancing to going contactless, everything has changed. Though, contactless payment was a big part of how we pay pre-COVID-19, but, due to the “no-touch contact”, there has been a surge in the contactless payment market.

Contactless payment works on the Near Field Communication (NFC) technology where data gets wirelessly transferred from smartphones, laptops, tablets, and other devices when they are in close proximity. This advanced technology helps in contactless payments via mobile wallets such as Android pay, Apple Pay, and contactless card.

As per the latest report by Grand View Research on the contactless payment market, the market size of this industry was valued at USD 1.34 trillion in 2020. It is expected to expand at a CAGR of 20.3% from 2021 to 2028.

Below is the infographic that will summarize how COVID-19 has impacted contactless payment.

Impact of COVID-19 on contactless payment

Conclusion

Though “tap to pay” is considered as easy to use and highly convenient, however, we can’t deny the fact that this technology is not 100% risk-free. Also, small businesses can still not afford it as it’s an expensive deal. Having said that, I wish as the technology is advancing, in near future, we will see a lot safer and inexpensive device for our businesses.

Pharmaceutical Logistics Market Key Players ,Industry Share ,Growth, And Forecast To 2028: Grand View Research Inc.

 Pharmaceutical Logistics Market Growth & Trends

The global pharmaceutical logistics market size is estimated to reach USD 138.9 billion by 2028, registering a CAGR of 8.5% over the forecast period, according to a new study by Grand View Research, Inc. The market growth is attributed to the rising demand for a variety of drugs as a result of increasing cases of chronic and lifestyle-related diseases. The market is expected to witness a high growth rate in cold-chain as well as non-cold chain pharmaceutical logistics owing to the impact of COVID-19 across the globe. During this pandemic situation, the government and officials across countries are primarily focusing on preventive measures and the treatment of patients.

The import and export of various medicines to treat coronavirus are increasing across countries, including the U.S. and China. Along with international trade, the nationwide logistics of drugs is also expected to fulfill the rising demand from all the hospitals and medical establishments. Additionally, the U.S. Food and Drug Administration (FDA) and other healthcare agencies across various countries such as India, China, and the U.K. have approved the emergency use of COVID-19 vaccines. This, in turn, is expected to increase the global trades of vaccines in many countries, including the U.S. and India. Such increased trade of drugs and medicines across countries is expected to drive the market from 2021 to 2028.

Pharmaceutical logistics is an integral part of the healthcare system, as careful handling and transportation of pharmaceutical products are of utmost importance. Therefore, equipment and staff services involved in the pharma supply chain are highly expensive. Consolidations among the pharma companies, to expand their business and global presence, is the latest trend gaining momentum in the market. Technological advancements, such as cloud-based supply chain functions and blockchain technology, which provide accurate and real-time data of operations, will also have a positive impact on market growth. Additionally, these technologies also offer predictive analytics to identify demand, supply chain optimization, and risk management. Identifying risks and preventing them helps companies increase productivity, efficiency, and process optimization of their businesses.

In the U.S., the market accounted for the largest revenue share in 2020 and is expected to maintain its dominance over the forecast period. In Asia Pacific, the market is projected to exhibit the highest CAGR from 2021 to 2028 owing to an increasing financial budget for the healthcare sector in several emerging countries of the region. Additionally, the soaring consumer spending on Over-The-Counter (OTC) pharmaceutical products is further expected to boost the regional market growth over the forecast period.

Request a free sample copy or view report summary: Pharmaceutical Logistics Market Report

Pharmaceutical Logistics Market Report Highlights

• Amid the pandemic, governments across the globe are emphasizing healthcare facilities and ample medicinal supply for the patients. As such, the trade of conventional medicines is increasing from country-to-country
• Many pharmaceutical companies, such as Moderna; Serum Institute; and Pfizer Inc., have developed and completed the three-phase trials of COVID-19 vaccines successfully. Hence, these vaccines have been approved for emergency usage across several countries, globally. This would require a resilient supply chain and logistic services to deliver these vaccines with maximum efficacy and thereby, estimated to boost the market growth
• The demand for cold-chain pharmaceutical logistics services is expected to increase at a rapid rate over the forecast period owing to the rising adoption of temperature-sensitive pharmaceutical products around the globe
• Outsourcing services are gaining traction in the market. Third-Party Logistics (3PL) operators offer integrating warehousing and transportation services on an outsourced basis. According to the Journal of Commerce, the revenue of the top 50 3PL companies has increased by more than 5.0% from 2016 to 2019
• Monitoring components are expected to grow at a notable rate over the forecast period. This growth is attributed to the technological advancements in the devices installed for collecting and reporting real-time shipment information
• The growing automation of refrigerated warehouses is expected to drive the market over the projected period. Warehouse automation includes cloud technology, robots, conveyor belts, truck loading automation, and energy management
• Several prominent players are strategically concentrating on merger and acquisition activities to expand their overall regional presence

Access Press Release@ https://www.grandviewresearch.com/press-release/global-pharmaceutical-logistics-market

Pharmaceutical Logistics Market Segmentation

Grand View Research has segmented the global pharmaceutical logistics market on the basis of type, component, and region:

Pharmaceutical Logistics Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Cold Chain Logistics
• Non-cold Chain Logistics

Pharmaceutical Logistics Component Outlook (Revenue, USD Billion, 2017 - 2028)

• Storage
  • Warehouse
  • Refrigerated container
• Transportation
  • Sea freight Logistics
  • Airfreight Logistics
  • Overland Logistics
• Monitoring components
  • Hardware
    • Sensors
    • RFID Devices
    • Telematics
    • Networking Devices
  • Software

Pharmaceutical Logistics Regional Outlook (Revenue, USD Billion, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
• South America
  • Brazil
• Middle East & Africa (MEA)

List of Key Players of Pharmaceutical Logistics Market

• Agility
• Air Canada
• CEVA Logistics
• DB Schenker
• Deutsche Post AG
• FedEx
• LifeConEx
• Marken
• United Parcel Service of America, Inc.
• VersaCold Logistics Services

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Quality Management Software Market Is Projected To Reach Approximately USD 16.67 Billion By 2028: Grand View Research Inc.

 Quality Management Software Market Growth & Trends

The global quality management software market size is estimated to reach USD 16.67 billion by 2028, registering a CAGR of 9.7% from 2021 to 2028, according to a new study by Grand View Research, Inc. The increasing advancements in functionalities of Quality Management Software (QMS) solutions along with the increasing integration of Artificial Intelligence (AI) and Machine Learning (ML) tools are expected to boost market growth over the forecast period.

The QMS market is anticipated to witness significant growth owing to the rising demand for effective management of organizational processes and the need for meeting consumer expectations in a highly competitive market. In addition, the rapidly increasing technological advancements in the IT and telecom sector and growing automation of the transportation and logistics industry are also contributing to the market demand. QMS software offers various functionalities, including out-of-specification test results, handling of non-conformances, calibration, ensuring compliance as well as a centralized system that ensures connection to organizations’ ERP and CRM systems. All these functionalities, coupled with benefits such as reduction of operational costs and business process optimization, are estimated to propel the adoption of QMS across a wide range of industries.

Quality management software offers increased flexibility and mobility in applications such as document control and resolution of non-conformances. The demand for cloud-based QMS solutions among end-use industries due to implied scalability and accessibility is further anticipated to boost the market growth. For instance, in January 2021, Arena Solutions, Inc. partnered with Rimsys Inc., a Regulatory Information Management (RIM) software platform provider, to offer secure cloud-based end-to-end quality and product-centric regulatory solutions for the MedTech industry. The strategic partnership is expected to enhance both the companies’ capabilities in automatically monitoring document changes and alerting users during reporting updates based on the document location.

Request a free sample copy or view report summary: Quality Management Software Market Report

Quality Management Software Market Report Highlights

• The document control segment is expected to witness significant growth over the forecast period. Compliance with stringent quality standards and rigorous regulations passed by FDA and other global regulations are the key factors for adherence to quality document control processes by industries worldwide
• The cloud segment is anticipated to record the highest CAGR from 2021 to 2028. The popularity of cloud technology among cost-sensitive customers and small and medium enterprises is anticipated to boost the adoption of cloud QMS solutions
• The small and medium enterprise segment is expected to record the highest CAGR from 2021 to 2028. The growing number of providers and reduced costs of QMS solutions have boosted their adoption across SMEs. Moreover, the utility of QMS solutions in process optimization and reduction of overall product costs are estimated to further drive the segment growth over the forecast period
• Healthcare is anticipated to emerge as the fastest-growing end-use segment over the forecast period. Rapid regulatory updates and innovation in medical devices vis-à-vis technology trends such as the Internet of Things (IoT) and analytics are likely to boost the demand for QMS solutions in the forthcoming years

Access Press Release@ https://www.grandviewresearch.com/press-release/global-quality-management-software-market

Quality Management Software Market Segmentation

Grand View Research has segmented the global quality management software market based on solution, deployment, enterprise size, end-use, and region:

QMS Solution Outlook (Revenue, USD Million, 2016 - 2028)

• Document Control
• Non-conformances/Corrective & Preventative
• Complaint Handling
• Employee Training
• Audit Management
• Supplier Quality Management
• Calibration Management
• Change Management
• Others

QMS Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• On-premise
• Cloud

QMS Enterprise Size Outlook (Revenue, USD Million, 2016 - 2028)

• Small & Medium Enterprise (SME)
• Large Enterprise

QMS End-use Outlook (Revenue, USD Million, 2016 - 2028)

• IT & Telecom
• Transportation & Logistics
• Consumer Goods & Retail
• Defense & Aerospace
• Manufacturing
• Healthcare
• Others

QMS Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Mexico
  • Brazil
• MEA

List of Key Players in the Quality Management Software (QMS) Market

• Aras Corporation
• Arena Solutions Inc
• Autodesk Inc
• Dassault Systemes SE
• Hewlett-Packard Enterprise Co.
• MasterControl, Inc.
• Microsoft Corporation
• Oracle Corporation
• Parasoft Corporation
• PSC Software
• SAP SE
• Siemens AG
• Sparta Systems, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Computer Numerical Control Machines Market Predicted to Witness Steady Growth During the Forecast Period

 Computer Numerical Control Machines Market Growth & Trends

The global computer numerical control machines market size is expected to reach USD 126.27 billion by 2028, registering a CAGR of 7.5% from 2021 to 2028, according to a new study by Grand View Research, Inc. The rising need for minimizing operating costs and errors in machine components and increasing efficiency in manpower deployment has led to the increased demand for automation and CNC machines.

Governments across the globe have imposed restrictions on transportation owing to the COVID-19 pandemic, which has resulted in port closures. Factors, such as reduced availability of air transportation facilities and stringent border controls, are delaying the procurement of raw materials and components. The resulting delay in the shipment of products to customers is further adding to operational costs. While the situation is adversely affecting profitability and competitiveness, market players are also losing ground in the market as customers are looking to approach alternative suppliers.

Technological proliferation has enabled manufacturers to use the Internet of Things (IoT) and machine learning in controllers. The use of these technologies in Computer Numerical Control (CNC) Machines led to the development of software applications that are compatible with PCs and smart devices, which allows operators and supervisors to control the machines remotely. Furthermore, the use of IoT is expected to bring about several innovations in terms of automation in the field, which would help save time and improve the productivity of companies.

Manufacturers are increasingly focusing on current technological trends in the field of software to enhance the connectivity of machines with operators and improve flexibility on the shop floor area. Several companies are investing in R&D activities to improve the equipment design in a way that reduces the floor space required and allows multiple operations to be carried out by the same equipment, thereby improving the productivity of the plant. This is anticipated to boost the market growth.

Request a free sample copy or view report summary: Computer Numerical Control Machines Market Report

Computer Numerical Control Machines Market Report Highlights

• The milling machines segment is anticipated to register the fastest CAGR from 2021 to 2028 as a result of rising demand for this type of equipment owing to features, such as multi-functionality and reduced time requirements
• The automotive segment is expected to register the maximum growth rate over the forecast period due to the rising product demand in this segment for producing components in less time and achieving a fine finish
• Asia Pacific accounted for the largest market share, in terms of revenue, and is projected to expand further at the fastest CAGR over the forecast period
• The increased focus on infrastructural development and digitization of industries in Asia Pacific is anticipated to drive the regional market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-computer-numerical-controls-cnc-machines-market

Computer Numerical Control Machines Market Segmentation

Grand View Research has segmented the global computer numerical control machines market based on type, end use, and region:

CNC Machines Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2016 - 2028)

• Lathe
• Milling
• Laser
• Grinding
• Welding
• Winding
• Others

CNC Machines End use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2016 - 2028)

• Automotive
• Aerospace & Defense
• Construction Equipment
• Power & Energy
• Industrial
• Others

CNC Machines Regional Outlook (Volume, Thousand Units; Revenue, USD Billion, 2016 - 2028)

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • Germany
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Mexico
• Middle East & Africa

List of Key Players of Computer Numerical Control Machines Market

• Amada Co., Ltd.
• Amera Seiki
• Fanuc Corp.
• Datron AG
• DMG Mori
• Dalian Machine Tool Group (DMTG) Corp.
• Haas Automation, Inc.
• Okuma Corp.
• Shenyang Machine Tool Co., Ltd. (SMTCL)
• Hurco Companies, Inc.
• Yamazaki Mazak Corp.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Digital Transformation Market Current And Future Industry Conditions by 2028: Grand View Research Inc.

 

Digital Transformation Market Growth & Trends

The global digital transformation market size is estimated to reach USD 1,759.4 billion by 2028, registering a CAGR of 23.6% over the forecast period, according to a new report by Grand View Research, Inc. The increasing adoption of advanced technologies, such as the Internet of Things (IoT) and machine learning, across several industries/sectors, is encouraging businesses to implement connected, analytical, and data-rich solutions via digital transformation. These solutions are capable of encapsulating intelligence into business operations to facilitate improved and more effective customer engagements. Moreover, the growing usage of mobile devices, smartphones, and applications across business functions is increasingly promoting digitization.

Digital transformation enables organizations to mitigate business risks and manage disruptions, such as corporate restructuring, marketplace fluctuations, unforeseen pandemics, and unpredictable geopolitical environments, more efficiently. It enables organizations to address a range of process optimization. Moreover, it enables businesses to target a larger customer base by designing new business models, products, and services leveraging digitization. Furthermore, it helps facilitate the transformation of business activities, traditional processes, and business models to benefit from upcoming changes and opportunities pertaining to futuristic technologies.

The rapid urbanization and digitization across the globe are enabling organizations to embrace digital transformation using technology-driven solutions. The growing usage of cloud technology by various Small & Medium Enterprises (SMEs) helps them adopt modern Digital Experience Platforms (DXP) at reasonable costs without constant upgradation or replacement of systems. This is estimated to drive the market during the forecast period. Moreover, benefits, such as improvements in operational flexibility and overall customer experience, are encouraging digital transformation initiatives across SMEs, driving the market.

Request a free sample copy or view report summary: Digital Transformation Market Report

Digital Transformation Market Report Highlights

• The solution segment is expected to capture the largest share by 2028 due to the exponential rise in the use of mobile technology across several industries, and the subsequent shift in the way content is consumed via social media platforms
• The rising implementation of digital transformation solutions across industries and verticals is driving the demand for support and maintenance services. This is expected to boost the demand for professional services over the forecast period
• The hosted deployment segment is expected to gain momentum over the forecast period owing to advantages, such as lower cost, convenience, flexibility, and improved security
• Large enterprise is expected to be the largest enterprise size segment due to the increased focus of large-scale firms on improving productivity and efficiency of workforces by using digital transformation solutions
• In terms of end-use, the healthcare segment is projected to register the fastest CAGR of more than 24% from 2021 to 2028
• The growing implementation of digital processes and technologies, such as telemedicine, blockchain, Electronic Health Records(EHRs), and AI-enabled medical devices, is allowing healthcare providers to improve patient care
• Asia Pacific is anticipated to be the fastest-growing regional market from 2021 to 2028 due to the increasing penetration of advanced technologies

Access Press Release@ https://www.grandviewresearch.com/press-release/global-digital-transformation-market

Digital Transformation Market Segmentation

Grand View Research has segmented the global digital transformation market on the basis of type, deployment, enterprise size, end-use, and region:

Digital Transformation Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Solution
  • Analytics
  • Cloud Computing
  • Mobility
  • Social Media
  • Others
• Service
  • Professional Services
  • Implementation & Integration

Digital Transformation Deployment Outlook (Revenue, USD Billion, 2016 - 2028)

• Hosted
• On-premise

Digital Transformation Enterprise Size Outlook (Revenue, USD Billion, 2016 - 2028)

• Large Enterprise
• Small & Medium Enterprise (SME)

Digital Transformation End-use Outlook (Revenue, USD Billion, 2016 - 2028)

• BFSI
• Healthcare
• Government
• IT & Telecom
• Manufacturing
• Retail
• Others

Digital Transformation Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• Middle East & Africa

List of Players in Digital Transformation Market

• Accenture plc
• Apple, Inc.
• ADOBE, Inc.
• CA Technologies (Broadcom, Inc.)
• Dell Technologies Inc.
• Hewlett Packard Enterprise Company
• International Business Machines Corp.
• Microsoft Corp.
• Kellton Tech Solutions Ltd.
• Google, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Managed Services Market Revenue Sales to Reach USD 552.35 Billion by 2028: Grand View Research Inc.

 Managed Services Market Growth & Trends

The global managed services market size is expected to reach USD 552.35 billion by 2028, according to a new study conducted by Grand View Research, Inc. It is projected to expand at a CAGR of 12.7% from 2021 to 2028. The growing reliance of organizations on IT infrastructure for driving the productivity of their business is anticipated to drive the growth of the market over the forecast period. Benefits associated with the implementation of managed services, such as considerable reduction in IT operational costs, and improvement in organizational efficiency, also bode well for the growth.

Several businesses are confronting challenges in the wake of the outbreak of the COVID-19 pandemic and Managed Services Providers (MSPs) are no exception to that. Although many businesses and organizations are opting for managed services for ensuring operational efficiency amid the lockdowns being implemented across various nations as part of the efforts to arrest the spread of coronavirus, organizational spending on new automation initiatives has been slowing down gradually. As a result, market players are expected to witness a significant decline in their revenues in 2020, thereby pressurizing them to reduce costs. Nevertheless, the spending on business automation is expected to increase from 2021 onwards, thereby driving the growth of the market over the forecast period.

The rising number of Small and Medium Enterprises (SMEs) in emerging economies is anticipated to propel the demand for managed services over the forecast period. Strengthening profit margins, which are catering efficiently to the needs of dynamic business environments, and improvements in operational efficiency are also expected to contribute to the growth of the market. Managed services help in optimizing the recurrent in-house IT costs while simultaneously automating business processes. This subsequently allows organizations to effectively achieve their business objectives, especially about strengthening the bottom line and increasing profitability.

Initiatives being pursued aggressively by various governments toward digital transformation focusing on modernizing their IT infrastructure, strengthening governance, and improving citizen services are anticipated to drive the demand for managed services over the forecast period. For instance, in 2018, the Canadian government invested USD 2.1 billion on a 6-year digital transformation program. The program envisages modernizing the government’s IT infrastructure and services.

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Managed Services Market Report Highlights

• The managed security segment is expected to register the highest CAGR over the forecast period owing to the stringent government regulations regarding data security and privacy protection and the increasing incidences of cyber-attacks on businesses
• The business support systems segment is anticipated to register the highest CAGR from 2021 to 2028. The increasing adoption of business support systems, such as business analysis, database integration, demand management services, and project management, by the incumbents of various end-use industries is anticipated to propel the growth of the segment over the forecast period
• The on-premise segment dominated the market in 2020. On-premise hosting of software ensures easy customization according to the needs of the business processes. On-premise installation is particularly lucrative for large enterprises
• The Small & Medium Enterprises (SME) segment is anticipated to register a significant CAGR over the forecast period. SMEs are aggressively opting for managed services owing to the numerous advantages, such as controlled IT costs, increased efficiency and competitiveness, and reduced risk, associated with them
• Healthcare is anticipated to emerge as the fastest-growing segment over the forecast period. The healthcare industry has been turning out to be a primary target of cybercriminals, thereby driving the need to effectively protect the patient database. Several healthcare organizations are opting for managed services to protect patient data and secure monetary transactions, thereby contributing to the growth of the segment
• North America accounted for the largest market share in terms of revenue in 2020. The rising number of Multinational Companies (MNCs) in North America bodes well for the growth of the regional market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-managed-services-market

Managed Services Market Segmentation

Grand View Research has segmented the global managed services market based on solution, Managed Information Service (MIS), deployment, enterprise size, end use, and region:

Managed Services Solution Outlook (Revenue, USD Billion, 2016 - 2028)

• Managed Data Center
• Managed Network
• Managed Mobility
• Managed Infrastructure
• Managed Backup and Recovery
• Managed Communication
• Managed Information
• Managed Security

Managed Information Service (MIS) Outlook (Revenue, USD Billion, 2016 - 2028)

• Business Process Outsourcing (BPO)
• Business Support Systems
• Project & Portfolio Management
• Others

Managed Services Deployment Outlook (Revenue, USD Billion, 2016 - 2028)

• On-premise
• Hosted

Managed Services Enterprise Size Outlook (Revenue, USD Billion, 2016 - 2028)

• Small & Medium Enterprises (SMEs)
• Large Enterprises

Managed Services End-use Outlook (Revenue, USD Billion, 2016 - 2028)

• Financial Services
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Media & Entertainment
• Retail
• Others

Managed Services Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
• Middle East & Africa

List of Key Players in the Managed Services Market

• Accenture PLC
• Alcatel-Lucent Enterprise
• AT&T Inc.
• Avaya Inc.
• BMC Software, Inc.
• CA Technologies
• Cisco Systems, Inc.
• DXC Technology Company
• Ericsson
• Fujitsu Limited
• Hewlett Packard Enterprise Development LP
• International Business Machines Corporation
• Lenovo Group Limited

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Point-Of-Sale Terminals Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Point-Of-Sale Terminals Market Growth & Trends

The global point-of-sale terminals market size is expected to reach USD 130.91 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.9% over the forecast period. Many industries, such as manufacturing, automobile, entertainment, restaurant, and hospitality, have lost their business due to strict social distancing rules and complete lockdown imposed in most of the countries to control the spread of the novel coronavirus. The slumped businesses affected the product demand across the industries.

For instance, Europe and the Middle East regions are tourist hotspots that have suffered losses due to international travel restrictions. However, the retail and healthcare sectors are expected to exhibit product demand for point-of-sale (POS) terminals for contactless payment. The market is expected to regain its foothold across industries by 2021; also, Mobile Point-of-Sale (mPOS) and contactless payment terminals are in high demand currently as they contribute to the effort of containing the spread of coronavirus.

The market is anticipated to grow substantially over the forecast period owing to rising product demand in various applications, such as Customer Relationship Management (CRM), reporting, payment processing, among others. The decline in the trend of carrying cash for shopping and the need for understanding customer purchase patterns has further boosted product adoption.

Large businesses using the POS system offer a discount for payment through debit/credit card on purchase. This helps attract more customers and boost sales. Hence, small- and medium-scale businesses are also deploying these systems due to the aforementioned benefits. Industries, such as retail, hospitality, and restaurants, are the highest adopter of POS systems for everyday transactions at their facility.

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Point-Of-Sale Terminals Market Report Highlights

• The mPOS segment is anticipated to grow at the highest CAGR over the forecast period. The increasing demand for contactless, wireless, and portable POS systems across retail and restaurant sectors is boosting the segment growth
• The healthcare segment will witness the highest growth from 2021 to 2028. The increasing need to streamline the payment process, manage entry of new patients, process COVID-19 patient information, and schedule vaccination across the healthcare sector during the pandemic is estimated to drive the product demand
• The increasing demand for POS terminals with a comprehensive solution, such as business management solution, in addition to payment transaction function, is anticipated to boost the market growth
• The market in Asia Pacific is expected to grow at the highest CAGR from 2021 to 2028. The rising product demand from the retail sectors of countries like China, India, and Japan is augmenting the market growth
• Moreover, fine dining and other forms of restaurants in the foodservice sector is booming in major cities of Asian countries, thereby bolstering the product demand
• The major key players dominate the market with their presence and services across the world

Access Press Release@ https://www.grandviewresearch.com/press-release/global-point-of-sale-terminals-market

Point-Of-Sale Terminals Market Segmentation

Grand View Research has segmented the global point-of-sale terminals market on the basis of product, component, deployment, application, and region:

POS Terminals Product Outlook (Revenue, USD Million, 2016 - 2028)

• Fixed
• Mobile

POS Terminals Component Outlook (Revenue, USD Million, 2016 - 2028)

• Hardware
• Software
• Services

POS Terminals Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• On-Premise
• Cloud

POS Terminals Application Outlook (Revenue, USD Million, 2016 - 2028)

• Restaurants
• Hospitality
• Healthcare
• Retail
• Warehouse
• Entertainment
• Other

POS Terminals Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • India
  • Japan
  • Singapore
  • Australia
• Latin America
  • Brazil
  • Mexico
• MEA

List of Key Players of Point-Of-Sale (POS) Terminals Market

• Ingenico Group (acquired by Worldline)
• NCR Corp.
• VeriFone Systems, Inc.
• PAX Technology, Inc.
• Fujian Newland Payment Technology Co. Ltd.
• Revel System, Inc.
• Oracle Corp.
• ShopKeep

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.