U.S. Car Wash Service Market Revenue is Expected to Reach USD 20.74 Billion by 2028: Grand View Research Inc.

 U.S. Car Wash Service Market Growth & Trends

The U.S. car wash service market size is expected to reach USD 20.74 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.8% from 2021 to 2028. In the U.S., more than 72% of drivers use professional car wash services frequently and conveyor car wash is the most revenue-generating service. The on-demand car wash platform can be a good start in this industry if service providers can get the consumers to wash their cars more frequently at these service stations. Many consumers prefer washing their cars at home owing to the high expense and time consumed at car washing stations. Therefore, on-demand car wash apps can emerge as an ideal solution to reduce the time spent at car washing stations.

The low cost of gas and low-interest rates are directly proportional to the increase in the number of new cars on the roads in the U.S. This trend bodes well for the car wash industry. While some customers are buying new cars for the first time, others are upgrading theirs. These customers are highly motivated to keep their new cars clean and in great condition, spurring the demand for car wash services. Ongoing developments in technology are also changing the face of on-demand car wash services. Newer technologies are enabling a greater number of cars to be washed in lesser time and produce better results, thereby propelling the growth of the U.S. market.

By type, roll-over/in-bay car wash services dominated the market in 2020 and will expand at the fastest CAGR over the forecast period. Low operating costs, less space required for installation, and low water consumption are some of the major factors driving the demand for in-bay car wash among operators. In general, in-bay services use 10-50 gallons of water per car, whereas tunnel services use 14-60 gallons of water. Consumers also are more inclined toward automated in-bay car wash services as they cost less, and the process is much faster and more efficient.

The ongoing trend of on-demand car wash is fueling consumer preference for professional car wash service rather than home washing. The shift from ‘do-it-yourself’ to ‘do-it-for-me is a major trend among consumers with hectic lifestyles and busy schedules. Companies are expanding their presence through a greater number of locations and rendering additional services. For instance, companies such as Washos and Spiffy are continuing to add locations, with Washos hitting a new milestone of 40,000 active clients with a steady monthly growth of 25% in August 2017.

According to the International Carwash Association, the percentage of drivers reporting for most frequent washing of their vehicles at a professional car wash has increased from approximately 48% in 1994 to over 77% in 2019. In addition, around 66% of Americans wash their vehicles somewhere between 1-2 times per month, resulting in 13 washes per year on an average.                                           

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U.S. Car Wash Service Market Report Highlights

• By type, the roll-over/in-bay segment accounted for the largest share of 41.8% in 2020. This is attributed to the increasing penetration of auto dealerships in the car wash service industry, which has fueled the installation of automatic wash facilities on their sites
• The self-service type segment is expected to expand at a CAGR of 4.9% from 2021 to 2028 owing to its increasing popularity among consumers who prefer to wash their vehicles by themselves
• Key players are taking up acquisitions and expansions to gain a foothold in the market
• In October 2020, Zips Car Wash announced its expansion into Marion, North Carolina as a part of its aggressive growth strategy. Zips Car Wash will offer free top washes from October 9–18 and USD 1 Unlimited Wash Club Memberships for the first month

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U.S. Car Wash Service Market Segmentation

Grand View Research has segmented the U.S. car wash service market on the basis of type:

U.S. Car Wash Services Type Outlook (Revenue, USD Million, 2016 - 2028)

• Tunnels
• Roll-over/In-bay
• Self-service

List of Key Players of U.S. Car Wash Service Market

• Zips Car Wash
• Autobell Car Wash, Inc.
• International Car Wash Group (ICWG)
• Quick Quack Car Wash
• Super Star Car Wash
• True Blue Car Wash
• Hoffman Car Wash & Hoffman Jiffy Lube
• Wash Depot Holdings, Inc.
• Splash Car Wash
• The Wash Tub

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.

Video Conferencing Market Size Is Expected To Reach USD 9.95 Billion by 2028

 Video Conferencing Market Growth & Trends

The global video conferencing market size is expected to reach USD 9.95 billion by 2028 with a CAGR of 11.4% over the forecast period, according to a new report by Grand View Research, Inc. Trends such as the increasing transition towards cloud and the growing adoption of Video Conferencing as a Service (VCaaS) are expected to drive market growth. As remote and globalized working models are becoming popular, the move to the cloud is becoming inevitable, thereby driving the demand for video conferencing solutions.

Due to the COVID-19 pandemic, a large number of organizations globally have encouraged their employees to work from home or remotely, driving the demand for video conferencing applications and software. The education sector witnessed a notable rise in the demand for these solutions in 2020 to continue with online learning and seminars. The primary growth driver for the market, especially in 2020, remained the need for organizations to facilitate employee collaboration, which led to the demand for conferencing apps such as Microsoft Teams, Google Meet, and Zoom. Several companies have witnessed the digital transformation in just 2 to 3 months that would otherwise occur over two years due to the COVID-19 pandemic. However, despite the elevated demand, security concerns have posed to be a challenge to market growth.

The increased demand for these solutions has encouraged market players to offer products with distinctive features and innovations to remain competitive. In 2020, Google Meet, Google’s video meeting tool that was meant to be an enterprise solution, was made available to everyone to directly compete with competitors. Furthermore, in April 2020, Facebook launched its video meeting tool Messenger Rooms, which allows 50 people to join a video conference. In March 2020, Microsoft Corporation rebranded Office 365 to Microsoft 365 to go beyond enterprise customers, which widened its subscriber base.

Companies with a global presence and workforce are the early adopters of video conferencing technology and more likely to deploy video conferencing systems to enable effective communication between multiple teams located in different countries. Video conferencing technology also provides a better social interaction platform as compared to conventional voice calls as it offers features such as eye-to-eye contact. With the increasing globalization of businesses worldwide, the need is strong to set up a flexible, cost-effective, and scalable communication network, which helps facilitate better communication, team collaboration, and decision-making capability.

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Video Conferencing Market Report Highlights

• In terms of components, the software segment is expected to register the highest CAGR over the forecast period. This can be attributed to the increase in cloud-based subscriptions across different platforms
• Small and medium-sized companies are adopting these services to rapidly expand their geographic operations by establishing a centralized communication platform that uses advanced technologies, such as 4G and VoIP. Hence, the small and medium enterprises segment is expected to expand at a promising pace over the forecast period
• In terms of end use, the healthcare sector is expected to witness substantial growth over the next few years. The need to remain connected across dispersed teams has elevated the demand for video conferencing solutions in the healthcare sector
• Growth in the educational sector has also gained traction owing to the increased demand for distance learning. Web conferencing, audio conferencing, and IM are being widely used for delivering notes and streaming live conferences
• Market players offer a competitive pricing structure and bundle services to help the end users save costs. Recently, companies such as Ring Central and 8x8, Inc. have updated their pricing structures with multiple tiers of pricing plans

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Video Conferencing Market Segmentation

Grand View Research has segmented the global video conferencing market based on component, deployment, enterprise size, application, end use, and region:

Video Conferencing Component Outlook (Revenue, USD Million, 2017 - 2028)

• Hardware
  • Camera
  • Microphone/Headphone
  • Others
• Software
• Services
  • Professional Services
  • Managed Services

Video Conferencing Deployment Outlook (Revenue, USD Million, 2017 - 2028)

• On-premise
• Cloud

Video Conferencing Enterprise Size Outlook (Revenue, USD Million, 2017 - 2028)

• Large Enterprises
• Small & Medium Enterprises (SMEs)

Video Conferencing Application Outlook (Revenue, USD Million, 2017 - 2028)

• Consumer
• Enterprise

Video Conferencing End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Corporate
• Education
• Healthcare
• Government & Defense
• BFSI
• Media & Entertainment
• Others

Video Conferencing Regional Outlook (Revenue, USD Million, 2017 - 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 Video Conferencing Market:

• Avaya, Inc.
• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd.
• Logitech International S.A.
• Microsoft Corporation
• Polycom Inc.
• Zoom Video Communications, 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.

Data Annotation Tools Market Size Is Expected To Reach USD 3.4 Billion by 2028

 Data Annotation Tools Market Growth & Trends

The global data annotation tools market size is expected to reach USD 3.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 27.1% from 2021 to 2028. The advent of big data is expected to drive the growth of the artificial intelligence market as a large volume of information is required to be recorded, stored, and analyzed. The adoption of artificial intelligence is expected to significantly boost market growth as the annotated information acts as a catalyzer to train AI models and machine learning systems in critical areas such as speech recognition and image recognition. These tools offer AI its strength by directly providing information that is relevant to determining future outcomes and decision-making.

Currently, there is a growing trend of manufacturing autonomous vehicles in the automotive industry, which is attracting larger investments for the development of these vehicles. An autonomous vehicle includes a combination of various sensors and networking systems that assist the computer in driving the vehicle. The annotated information allows autonomous vehicle computer models to recognize and learn from it. Several technology providers such as Google LLC; Tesla Motors; Apple Inc.; and Huawei Technologies Co., Ltd. have also entered the autonomous vehicle market. The rising investments in the self-driving market are expected to drive the future demand of the data annotation market. For instance, in February 2021, Appen Limited, a provider of effective training data and AI systems, announced the launch of new training data annotation and quality assurance services for autonomous vehicle manufacturers.

The rising innovations in the retail segment, specifically in improving the e-commerce sector, using the information labeling tools is expected to drive the market demand over the forecast period. For instance, in February 2019, Walmart Labs acquired Dataturks, an India-based data annotation start-up. Dataturks offers annotation tools for image and text information by using machine learning. The acquisition helped drive innovations in the catalog quality and other aspects of the Walmart merchandising platform.

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Data Annotation Tools Market Report Highlights

• Rising demand for machine learning in automated data analytics is expected to augment demand for automatic information labeling tools in various data-driven applications. In addition, a rising focus on image annotation is anticipated to enhance the operations of the automotive, retail, and healthcare sector and thus is expected to propel market growth
• In terms of annotation type, the manual segment captured the largest revenue share in 2020.The attributes such as accuracy, able to capture edge cases, and intelligent human resource is efficient enough to ensure high quality across large volumes of data. Which make manual annotation tools highly suitable to train machine learning algorithms for computer vision applications
• Information labeling tools find greater acceptance in the automobile industry, especially for self-driving vehicles. High-resolution cameras, LIDAR sensors, and a huge amount of information are needed for creating the training data sets for such highly sensitive visual perception models in autonomous vehicles
• To gain a competitive edge in the market, key players have started adopting the client base expansion strategy by raising funds for the development of their platform. For instance, in February 2020, Labelbox, Inc. raised a series B funding of around USD 25 million to enhance its platform with data labeling capabilities for AI training models. The funds were used to accelerate the computer vision and machine learning models by augmenting the size of the company’s sales and engineering teams

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Data Annotation Tools Market Segmentation

Grand View Research has segmented the global data annotation tools market based on type, annotation type, vertical, and region:

Data Annotation Tools Type Outlook (Revenue, USD Million, 2017 - 2028)

• Text
• Image/Video
• Audio

Data Annotation Tools Annotation Type Outlook (Revenue, USD Million, 2017 - 2028)

• Manual
• Semi-supervised
• Automatic

Data Annotation Tools Vertical Outlook (Revenue, USD Million, 2017 - 2028)

• IT
• Automotive
• Government
• Healthcare
• Financial Services
• Retail
• Others

Data Annotation Tools Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
• Asia Pacific
  • China
  • Japan
  • India
• South America
  • Brazil
• Middle East and Africa

List of Key Players of Data Annotation Tools Market

• com
• Appen Limited
• CloudApp
• Cogito Tech LLC
• Deep Systems
• Labelbox, Inc
• LightTag
• Lotus Quality Assurance
• Playment Inc
• Tagtog Sp. z o.o
• CloudFactory Limited
• Clickworker GmbH
• Alegion
• Figure Eight Inc.
• Amazon Mechanical Turk, Inc
• Explosion AI GMbH
• Mighty AI, Inc.
• Trilldata Technologies Pvt Ltd
• Scale AI, Inc.
• Google LLC
• Lionbridge Technologies, Inc
• SuperAnnotate LLC

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.

Procurement As A Service Market Size Is Expected To Reach USD 10.29 Billion by 2028

 Procurement As A Service Market Growth & Trends

The global procurement as a service market size is expected to reach USD 10.29 billion by 2028 and is anticipated to expand at a CAGR of 8.2% from 2021 to 2028, according to a new report by Grand View Research, Inc. The proliferation of digital technology and the need to address supply chain risks have contributed to market growth. Although the COIVD-19 pandemic posed a minor hiccup to the otherwise positive market outlook, the industry may reach pre-covid levels by 2022. On average, over 60 percent of the organization's spending is captured by sourcing and procurement-related functions. Therefore the demand for providers that help reduce this cost will drive market growth over the forecast period.

Digital transformation has resulted in a shift towards a cloud environment, where procurement service providers update their solutions to web-based applications. Cloud offers flexibility and ease, subsequently helping service providers to lower storage data costs. This further helps in improving business operations and making custom solutions available to the end markets. In addition to the cloud, AI is also making its way into the procurement service business with a unique selling point of offering data analytics while enhancing operations. All these features and benefits clubbed together create lucrative opportunities for industry incumbents to increase their customer base and bode well for market growth.

Owing to the need to manage complex procurement contracts, the demand for procurement services is gaining traction among small and medium-sized businesses. Deals involving contracts require expertise and time to deliver, and hence procurement as a service is a popular choice among SMEs. These services help companies focus on core competencies while outsourcing time-consuming and intricate tasks.

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Procurement As A Service Market Report Highlights

• The global market, although witnessed a minor setback in 2020, the market is estimated to reach pre-covid levels by the end of 2022. From 2021 to 2028, the overall market will register an estimated CAGR exceeding 8%
• Large enterprises have been the major revenue contributors and will continue to dominate overall demand by 2028, reaching over USD 5,000 million
• The manufacturing sector would continue dominating the overall demand through 2028. The sectoral demand for procurement as a service solution will surpass USD 1,000 million in 2021 and will register a CAGR exceeding 7% over the next seven years
• North America trailed Europe in 2020 and is expected to emerge as a dominant regional market by 2028, registering a CAGR of around 8% from 2021 to 2028. Increased demand for outsourcing supply chain operations to deal with unpredictable industry dynamics will contribute heavily towards regional growth over the future
• Accenture, Aegis, HCL Technologies Ltd., IBM, GEP, Genpact, Infosys, Wipro, WNS (Holdings) Ltd., and Tata Consultancy Services Limited, are a few players leading industry dominance. M&A will continue to be a fundamental strategy outlook for several players in this business

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Procurement as a Service Market Segmentation

Grand View Research has segmented the global procurement as a service market based on component, organization, vertical, and region:

Procurement as a Service Component Outlook (Revenue, USD Million, 2016 - 2028)

• Strategic Sourcing
• Spend Management
• Process Management
• Category Management
• Contract Management
• Transaction Management

Procurement as a Service Organization Outlook (Revenue, USD Million, 2016 - 2028)

• SMEs
• Large Enterprises

Procurement as a Service Vertical Outlook (Revenue, USD Million, 2016 - 2028)

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

Procurement as a Service Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players in the Procurement as a Service Market

• Accenture
• HCL Technologies Ltd
• Aegis
• GEP
• IBM
• Infosys
• Genpact
• Wipro
• WNS (Holdings) Ltd.
• Tata Consultancy Services 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.

Middle East Movies & Entertainment Market Top Companies, Trends and Growth Factors Details for Business Development

 Middle East Movies & Entertainment Market Growth & Trends

The Middle East movies and entertainment market size is anticipated to reach USD 3.57 billion by 2028, registering a CAGR of 8.5% during the forecast period, according to a new report by Grand View Research, Inc. Increasing popularity of 3D movies that give the audience an experience of virtual reality is projected to drive growth. Additionally, the introduction of new marketing and distribution platforms such as IPTV, digital newspapers, DTH, and digital cable, as well as the online sales of music and movies, is anticipated to boost industry progress.

The Middle East movies and entertainment market is characterized by the presence of several well-established players. These players account for a significant market share and have diverse product portfolios and a strong presence across the region. The market also comprises small to midsized players that offer a selected range of products and mostly serve country-level customers.

Product launches help companies address the evolving needs of customers and gain a competitive edge over other players by offering new and innovative entertainment services. For instance, in April 2020, beIN Media Group, LLC launched a new cinema service that offers the latest international movies. The company announced ground-breaking cooperation with film distributors so that it can provide the latest movies straight to subscribers before they are seen in the cinema. This latest on-demand service is a positive announcement from the company given the current situation, and it would help keep consumers entertained and connected during the coronavirus crisis, bringing cinema to households across the Middle East and North Africa (MENA).

Some of the key players operating in the market are focusing on acquisitions to diversify their product offerings and strengthen their position in the market. For instance, in March 2019, The Walt Disney Company closed its USD 71 billion acquisition of 21st Century Fox’s entertainment assets. This acquisition allows the company to produce and distribute news, sports, and entertainment content through Fox News, Fox Sports, the Fox Network, and the Fox Television Stations.

The key companies are also focusing on strategic measures to expand their reach to a larger consumer base. For instance, Netflix Inc. is focusing on expanding its streaming membership business across the globe. To achieve the same, the company is improving its members’ experience by expanding its streaming content with an emphasis on programming a compelling mix of content that delights its existing members and attracts new members. Furthermore, it is continuously enhancing its user interface and extending streaming services to internet-connected screens.

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Middle East Movies & Entertainment Market Report Highlights

• Movies are projected to be the fastest-growing segment by progressing at a CAGR of 14.0% over the forecast period
• The movies segment was valued at USD 334.0 million in 2020 and is expected to reach USD 953.3 million by 2028
• Saudi Arabia region is foreseen to remain at the forefront regarding market share and projected to accounts for a total market share of 27.5% in 2028
• Some of the key players operating in the Middle East movies and entertainment market includes Netflix, Inc.; Amazon.com, Inc.; beIN Media Group, LLC; MBC Group; Sony Entertainment, Inc.; and The Walt Disney Company

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Middle East Movies & Entertainment Market Segmentation

Grand View Research has segmented the Middle East movies and entertainment market based on product and country:

Middle East Movies & Entertainment Product Outlook (Revenue, USD Million, 2016 - 2028)

• Movies
• Music & Videos

Middle East Movies & Entertainment Country Outlook (Revenue, USD Million, 2016 - 2028)

• Saudi Arabia
• UAE
• Kuwait
• Bahrain
• Qatar
• Oman
• Others

List of Key Players of Middle East Movies & Entertainment Market

• beIN Media Group, LLC 
• Sony Entertainment, Inc.
• The Walt Disney Company
• All Over Group
• Netflix, Inc.
• SilverGrey
• The Idea Factory
• MBC Group
• com, Inc.
• Mazzika Group

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.

Commercial Tabletop Kitchen Products Market to Witness a Pronounce Growth During 2021 – 2028: Grand View Research Inc.

 Commercial Tabletop Kitchen Products Market Growth & Trends

The global commercial tabletop kitchen products market size is expected to reach USD 17.74 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.5% from 2021 to 2028. The evolution of self-service kiosks and the popularity of buffet systems in restaurants have resulted in the growing adoption of commercial tabletop kitchen products. Besides, events such as holiday parties, business meetings, weddings, or any other social gathering require feeding a large number of people, wherein a buffet system is considered to be the ideal service option. This scenario is expected to result in the growing adoption of different buffet service utensils and serving ware, such as plates and drinkware.

The growing trend of food-away-from home, dining out, and takeout has been presenting lucrative growth opportunities for restaurants and eating joints, which has resulted in a surge in the number of eateries. This has driven the need for various tabletop kitchen products for the preparation, service, and delivery of various kinds of foods. The growth of the restaurant industry is mainly attributed to the customer desire for convenience, socializing, and high-quality food and services. This has influenced restaurant owners to invest in modern and quality tabletop kitchen products, including dinnerware and buffet ware.

The rapidly increasing urbanization across developing economies is a prominent factor leading to a positive scenario for the market. In line with this, growing investments by countries in constructing office buildings, hotels, retail stores, malls, hospitals, and other commercial infrastructure will result in the subsequent demand for various kinds of tabletop kitchen products. According to Invest India, the construction market in India is expected to emerge as the third-largest globally by 2025. Similarly, in China, the number of private hospitals doubled to a total of 16,900 hospitals in 2017 from 2011. Such infrastructure development efforts are paving the way for various commercial tabletop kitchen products across countries.

Businesses are gradually shifting from brick-and-mortar sales to e-commerce portals due to increasing digitization, penetration of smartphones, and internet access. To expand product visibility, especially in the emerging markets, manufacturers are showcasing their products on various online platforms, such as company-owned portals and third-party retailers. Appropriate pricing, dealer margins, a strong distribution network, and brand awareness are some of the critical factors determining the success of industry players. Omnichannel is a new strategy implemented by manufacturers in the market.

Asia Pacific held the largest revenue share in 2020 and is expected to expand at the fastest CAGR over the forecast period. In Asia Pacific, China is likely to be at the forefront in terms of revenue share and is expected to expand at a notable CAGR from 2021 to 2028. Factors such as the increasing popularity of commercial tabletop kitchen products and the expanding hospitality sector in the country are driving the market in China. The presence of a large number of manufacturers of tabletop kitchen products in China is another factor boosting the market growth.

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Commercial Tabletop Kitchen Products Market Report Highlights

• Asia Pacific held the largest share of over 33.0% in 2020 and is foreseen to remain at the forefront over the forecast period
• By material, the metal ware segment held the largest share of over 43.0% in 2020. This is attributed to the increased adoption of metal ware in the commercial sector
• The porcelain material segment is projected to expand at the highest CAGR of 8.3% from 2021 to 2028 owing to its favorable properties, such as strength, elasticity, permeability, cost-effectiveness, and translucency

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Commercial Tabletop Kitchen Products Market Segmentation

Grand View Research has segmented the global commercial tabletop kitchen products market on the basis of material & product and region:

Commercial Tabletop Kitchen Products Material & Product Outlook (Revenue, USD Million, 2016 - 2028)

• Glassware
  • Cutlery
  • Flatware
  • Buffet Ware
  • Tabletop Products
• Porcelain
  • Cutlery
  • Flatware
  • Buffet Ware
  • Tabletop Products
• Metal Ware
  • Cutlery
  • Flatware
  • Buffet Ware
  • Tabletop Products

Commercial Tabletop Kitchen Products Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Northern Europe
  • Denmark
  • Sweden
• Southern Europe
  • Italy
  • Spain
• Western Europe
  • Germany
  • UK.
  • Netherlands
  • Austria
• Eastern Europe
  • Russia
  • Poland
• Asia Pacific
  • China
  • Malaysia
  • India
  • Japan
  • Vietnam
  • Australia
  • New Zealand
• South America
  • Brazil
  • Chile
• Middle East & Africa
  • Saudi Arabia
  • Turkey
  • Egypt
  • South Africa

List of Key Players of Commercial Tabletop Kitchen Products Market

• The Oneida Group
• Villeroy & Boch AG
• Arc International
• Sambonet Paderno Industrie S.p.A.
• Mepra S.p.A.
• Sola Cutlery
• Solex GERMANY GmbH
• Lenox Corporation
• Pinti Inox S.p.A.
• The Vollrath Co., L.L.C.
• Degrenne
• Studio William Welch Ltd.
• Amefa B.V.
• BHS Tabletop AG
• Churchill China (UK) Ltd.
• Libbey Inc.
• Matfer Bourgeat International
• WNK
• Lifetime Brands, Inc.
• Steelite International

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.

Magnetic Resonance Imaging Coils Market is Expected to Enhance USD 13.7 Billion Revenue By 2028: Grand View Research Inc.

 Magnetic Resonance Imaging Coils Market Growth & Trends

The global magnetic resonance imaging coils market size is expected to reach USD 13.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.5% from 2021 to 2028. The growing prevalence of chronic diseases such as cardiovascular, neurological, cancer, and urological is expected to drive the market. Rising chronic diseases is a global healthcare concern. In the U.S., over half of the adult population suffers from these chronic diseases. Around 75.0% of the total healthcare expenditure in the U.S. is used for providing care for these chronic conditions.

For instance, as per the National Cancer Institute, in 2020, around 1,806,590 new cancer cases were diagnosed in the U.S. Similarly, as per American Heart Association, the mortality related to cardiovascular diseases is very high, with around 17.3 million deaths registered per year. This death rate is projected to reach 23.6 million by 2030. These diseases require imaging tools, mainly magnetic resonance imaging (MRI), for diagnosis and monitoring of progression as well as treatment effects. The growing demand for MRI for various applications will lead to the adoption of MRI coils, which, in turn, may propel market growth.

Additionally, growing awareness regarding early diagnosis is also expected to contribute to market growth. Cancer and cardiovascular diseases together result in the highest global mortality rate. This has captured the attention of various governments and healthcare organizations and is driving them towards creating awareness regarding these diseases. For instance, in 2010, prevention and early detection services were offered free of cost to people aged 65 years and above through Medicare under the Affordable Care Act. Similarly, the Indian Cancer Society runs a Cancer Awareness and Educational Program. Through this program, it aims to create awareness regarding signs and symptoms of the disease and commercially available cancer treatments and diagnostic tools. It also aims at creating awareness regarding the benefits of early diagnosis of disease. Growing awareness will contribute towards the adoption of MRI and MRI coils during the forecast period.

Since the demand for magnetic resonance imaging machines is increasing, market players are developing advanced and high field strength (7T) magnetic resonance imaging machines. The growing development of these machines is creating opportunities for various players manufacturing MRI coils, to develop coils that support high field strength machines. Currently, magnetic resonance imaging coils for high field strength machine is only available for head and knee application, however, various research institutes are researching to understand it’s efficiency in other applications as well. Despite these advancements, the high cost of MRI coils, new or refurbished is expected to hinder the market growth.

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Magnetic Resonance Imaging Coils Market Report Highlights

• The radiofrequency coil segment held the largest revenue share in 2020 and is expected to grow at the fastest rate during the forecast period
• Development of advanced radiofrequency coil for various application is expected to contribute towards segment growth
• The neurology segment held the largest revenue share and is expected to grow at the fastest rate over the forecast period owing to the rising number of research activities being conducted regarding the efficiency of head coils with 7T MRI machines for neurological conditions
• The pediatric segment is also expected to grow at a significant rate owing to the development of semi-flexible array coils for pediatric magnetic resonance imaging to avoid challenges associated with the imaging
• The hospitals segment held the largest revenue share in the market in the end-use segment. Increasing installation of advanced MRI machines in these settings is expected to drive the demand for magnetic resonance imaging coils
• The ambulatory care centers segment is expected to grow at the fastest rate during the forecast period owing to the increasing number of MRI scans performed in these settings due to reduced wait time and cost
• North America held the largest revenue share in 2020 owing to the presence of a large number of market players and growing initiatives for the development of advanced MRI coils
• In Asia Pacific, the market is expected to experience the fastest growth rate during the forecast period owing to the increasing prevalence of chronic diseases in the region and growing demand for MRI

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Magnetic Resonance Imaging Coils Market Segmentation

Grand View Research has segmented the global magnetic resonance imaging coils market based on type, application, end-use, and region:

MRI Coil Type Outlook (Revenue, USD Million, 2016 - 2028)

• Radiofrequency Coil
• Gradient Coil

MRI Coil Application Outlook (Revenue, USD Million, 2016 - 2028)

• Neurology
• Cardiovascular
• Spine and Musculoskeletal
• Pediatric
• Breast
• Abdominal
• Others

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

• Hospitals
• Diagnostic Imaging Centers
• Ambulatory Care Centers
• Others

MRI Coil Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • Thailand
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Magnetic Resonance Imaging (MRI) Coils Market

• ESAOTE SPA
• GE Healthcare
• Koninklijke Philips N.V.
• Siemens Healthcare Private Limited
• MR Instruments, Inc.
• RAPID MR International, LLC
• ScanMed
• Canon Medical Systems Corporation
• Hologic Inc.
• Bruker

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.

Attractive Market Opportunities in the Pediatric Home Healthcare Market by 2028: Grand View Research Inc.

 Pediatric Home Healthcare Market Growth & Trends

The global pediatric home healthcare market size is expected to reach USD 68.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. The growing population of Children with Medical Complexities (CMC) requiring in-home care is expected to drive the market during the forecast period.

According to a study conducted in October 2016, around 1.0% of the pediatric population constitutes CMC in the U.S. This population accounts for almost 30.0% of the pediatric healthcare cost. In-home pediatric services significantly reduce medical expenditure by shortening hospital stays for children requiring complex medical assistance.

The pediatric care service is a thriving sector in the home healthcare industry and offers immense potential for players to expand their services. One of the major players in the market, BAYADA Home Health Care, mentioned pediatric nursing services as its largest revenue-generating specialty, accounting for about one-third of its revenue.

Furthermore, the spread of the COVID-19 pandemic is significantly increasing the demand for home healthcare services to children with multiple chronic conditions. However, as physician visits were restricted during the pandemic, home care agency’s introduced virtual visits for patient care. For instance, in December 2020, St. Mary's Home Care – a home care agency in New York launched a virtual service platform for patient engagement.

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Pediatric Home Healthcare Market Report Highlights

• Premature infants may suffer from numerous disorders that require rehabilitation therapy to improve motor functions
• High probability of premature infants living with neurological and muscular deficits is expected to boost demand for rehabilitation therapy services during the forecast period
• Children with physical and neurological development deficits require care in a comfortable and convenient environment
• Personal care services offered by in-home care providers are a relief for working parents of such kids. The personal care assistance segment is expected to grow due to an increase in demand for long-term healthcare services for infants with complex cardiac, neurological, and respiratory disorders
• North America held the largest revenue share in 2020. Favorable reimbursement policies in the U.S., wherein the majority of pediatric care services are covered under Medicaid is positively driving the market
• Major players in the market have undertaken numerous initiatives to enhance pediatric services offered for in-home care. For instance, in September 2017, doForms-a workflow automation software provider-collaborated with BAYADA Home Health Care to launch BAYADA Pediatrics Care Connect-an electronic documentation system that keeps a record of clinical information

Access Press Release@ https://www.grandviewresearch.com/press-release/global-pediatric-home-healthcare-market

Pediatric Home Healthcare Market Segmentation

Grand View Research has segmented the global pediatric home healthcare market on the basis of service and region:

Pediatric Home Healthcare Service Outlook (Revenue, USD Million, 2016 - 2028)

• Skilled Nursing Services
• Personal Care Assistance
• Rehabilitation Therapy Services

Pediatric Home Healthcare Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Pediatric Home Healthcare Market

• Aveanna Healthcare, Inc.
• DJK Home Healthcare LLC
• BAYADA Home Health Care
• Tendercare Home Health
• BrightStar Care
• Angels of Care Pediatric Home Health
• New England Home Care, Inc.
• Pediatric Home Healthcare
• Enviva Paediatric Care
• Interim Healthcare Inc.
• eKidzCare
• MGA Homecare
• At Home Healthcare
• ParaMed

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.

Content Delivery Network Market Strong Application and Emerging Trends also Scope by 2028: Grand View Research Inc.

 Content Delivery Network Market Growth & Trends

The global content delivery network market size is expected to reach USD 52.30 billion by 2028, registering a CAGR of 22.1% from 2021 to 2028, according to a new study by Grand View Research, Inc. Reducing data costs and rising accessibility & affordability of mobile & broadband networks are the key factors expected to propel the demand for content delivery networks (CDNs). The rising adoption of advanced technologies, such as Augmented Reality (AR) and Artificial Intelligence (AI), is also offering opportunities to the market players to launch advanced CDN solutions. The introduction of affordable smartphones and data plans combined with high-speed network rollouts also necessitates enhanced content delivery and drives the demand for CDN solutions.

The growing population and the advent of new network technologies are leading to high content consumption thereby increasing the demand for efficient CDN solutions. Furthermore, the digitalization of the media & entertainment industry is also driving the overall market growth. On the other hand, concerns regarding data security and information privacy are likely to hinder the market growth. Various initiatives by the governments in different countries to provide high-speed internet facilities in rural & urban areas and the recent improvement in internet speed have increased the data consumption.

This has led to a rise in internet traffic, which causes congestion and latency issues, which has a direct effect on the enterprises where daily operations and business depend on the delivery speed of the content, webpage performance, and the time taken for a webpage to load. This has impelled organizations to utilize CDN for driving process optimization and delivering better customer experience and service. The Asia Pacific regional market is anticipated to register the highest CAGR of 29.1% over the forecast period. The growth can be attributed to the growing e-commerce and media & entertainment industries and the continued rollout of high-speed networks.

Request a free sample copy or view report summary: Content Delivery Network Market Report

Content Delivery Network Market Report Highlights

• The dynamic CDN segment is anticipated to register a significant CAGR over the forecast period. Media broadcasters and CDN solution & content providers are considering network and delivery optimization as an opportunity to boost their customer base and revenue, thus driving the segment growth
• The web performance optimization segment is expected to register a CAGR of 21.7% over the forecast period due to the growing emphasis on Quality of Service (QoS) and Quality of Experience (QoE)
• The e-commerce segment is expected to register the fastest CAGR over the forecast period. As the online shopping space continues to evolve, companies want to ensure adequate website acceleration and enhanced security
• Hence, solution providers need to deliver a compelling web content experience for e-commerce websites. This is driving the e-commerce segment growth
• The peer-to-peer service provider segment is estimated to register a considerable CAGR from 2021 to 2028 due to the rising demand for these services
• Increasing volumes of online content as a result of extensive usage of various social media platforms necessitate peer-to-peer CDN solutions for network optimization and content delivery

Access Press Release@ https://www.grandviewresearch.com/press-release/global-content-delivery-networks-cnd-market

Content Delivery Network Market Segmentation

Grand View Research has segmented the global content delivery network market on the basis of content-type, solutions, service provider, end use, and region:

CDN Content-type Outlook (Revenue, USD Million, 2016 - 2028)

• Static
• Dynamic

CDN Solutions Outlook (Revenue, USD Million, 2016 - 2028)

• Web Performance Optimization
• Media Delivery
• Cloud Security

CDN Service Provider Outlook (Revenue, USD Million, 2016 - 2028)

• Traditional Commercial
• Cloud
• Peer-to-Peer
• Telecom

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

• Advertising
• E-commerce
• Media & Entertainment
• Gaming
• Others

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

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

List of Players of Content Delivery Network Market

• Akamai Technologies
• Amazon Web Services, Inc.
• International Business Machines Corp.
• Limelight Networks
• Verizon
• AT&T Intellectual Property
• Google LLC
• Microsoft
• CenturyLink
• Deutsche Telekom AG
• Tata Communications
• Fastly, Inc.
• Tencent Cloud
• Kingsoft Corporation, Ltd.
• com

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.