Cross-border B2C E-commerce Market Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 Cross-border B2C E-commerce Market Growth & Trends

The global cross-border B2C e-commerce market size is expected to reach USD 5,576.73 billion by 2030, expanding at a CAGR of 25.8% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The growth is anticipated to be fueled by changing consumer buying habits, a growing urban population, and growing consumer awareness about e-commerce. As a result, customers are more likely to purchase goods from well-known international companies, frequently making more online purchases, a key factor driving the industry growth.

The introduction of modern e-commerce technology and the availability of protected payment alternatives and online transactions are expected to propel market growth. Furthermore, with the prevalence of social media applications, many marketing alternatives are available today, supporting the expansion of the global cross-border B2C e-commerce industry. The growing significance of online marketing platforms such as Google and Facebook ads fuel the growth.

Cross-border B2C E-commerce Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 888.57 billion
Revenue forecast in 2030	USD 5,576.73 billion
Growth rate	CAGR of 25.8% from 2022 to 2030
Base year of estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

Cross-border e-commerce platforms offer ways for Small & Medium enterprises (SMEs) to develop by presenting access to a global and domestic customer base. For instance, nearly 70% of American SMEs utilize their web store or third-party online marketplace, according to Data Catalyst, with the bulk of those businesses opting to use several marketplaces. Therefore, the increasing demand for these services to connect customers with suppliers, make ordering more accessible and manage the delivery of items is expected to boost the market landscape over the forecast period.

The COVID-19 outbreak has contributed positively to the industry's growth as consumers prefer product purchases and transactions online. Moreover, e-commerce innovations have also facilitated quick online purchases. For instance, according to data insight from PayPal, through the deployment of innovative and secure e-commerce platforms, UPS and PayPal saw double-digit growth in their cross-border shipping business by the middle of 2020.

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Cross-border B2C E-commerce Market Report Highlights

• The assorted brands segment is anticipated to witness the fastest growth over the period. The segment is growing due to changing customer expectations and behaviors about online buying
• The digital wallets segment is expected to witness the fastest growth over the forecast period. The launch of global B2C payment platforms via digital wallets is anticipated to fuel the segment's expansion
• The apparel & accessories segment is estimated to dominate the market in 2021 and is expected to continue its dominance over the forecast period. The growing demand for online shopping of fashion clothing and accessories is anticipated to significantly boost the growth of the apparel & accessories segment
• Asia Pacific is expected to register rapid growth during the forecast period. The large consumer base in the region is anticipated to augment the growth during the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cross-border-b2c-e-commerce-market

Cross-border B2C E-commerce Market Segmentation

Grand View Research has segmented the global cross-border B2C e-commerce market based on offering, payment method, category, and region:

Cross-border B2C E-commerce Offering Outlook (Revenue, USD Billion, 2017 - 2030)

• In-House Brands
• Assorted Brands

Cross-border B2C E-commerce Payment Method Outlook (Revenue, USD Billion, 2017 - 2030)

• Digital Wallets
• Credit/Debit Cards
• Internet Banking
• Others

Cross-border B2C E-commerce Category Outlook (Revenue, USD Billion, 2017 - 2030)

• Entertainment & Education
• Apparel & Accessories
• Consumer Electronics
• Home Furnishing
• Personal Care & Beauty
• Healthcare & Nutrition
• Footwear
• Food & Beverage
• Others

Cross-border B2C E-commerce Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the Cross-border B2C E-commerce Market

• com, Inc.
• Alibaba Group Holding Limited
• eBay Inc.
• ASOS
• Jingdong JD.com
• com Ltd.
• Veepee
• Rakuten
• SIA Joom (Latvia)
• Zalando

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.

Food Grade Lubricants Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

 Food Grade Lubricants Market Growth & Trends

The global food grade lubricants market size is expected to reach USD 657.2 million by 2028, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.6% from 2021 to 2028. The growth is majorly driven by rising demand from end-use industries and rising awareness for sustainable alternatives over petrochemical feedstock such as bio-based products coupled with expanding the food and beverages industry.

Bio-based lubricants have registered comparatively slower market growth in the past couple of decades due to their limited application scope, poor public image, higher prices, performance shortcomings, and more. However, with increased supply of high-performance, technologically advanced, cost-competitive lubricating products based on petroleum-based feedstock’s, synthetic bio-based formulations, the demand for bio-based products is picking up pace and is likely to achieve the highest growth rate over the coming years.

Food Grade Lubricants Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 368.3 million
Revenue forecast in 2028	USD 657.2 million
Growth Rate	CAGR of 8.6% from 2021 to 2028
Base year for estimation	2020
Historical data	2017 - 2019
Forecast period	2021 - 2028

The market is expected to grow continuously over the coming years owing to increasing demand from end-use industries such as foods, beverages, cosmetics, pharmaceuticals, and others, coupled with favorable government regulations, specifically in the Asia Pacific, Latin America, and the Middle East region. Products such as mineral oils, synthetic, and bio-based oils are widely used in various applications such as dairy, confectionery, sports drinks, bakery, and carbonated soft drinks.

In terms of supply and demand at a global level, manufacturers are inclined toward raw material procurement as the key raw materials used for the production: synthetic, mineral oils, and bio-based products are used in the formulation of lubricants. Major oil & gas companies are integrated manufacturers, which ensure steady raw material supply to manufacture mineral oils & additives needed for the production of lubricating oil products.

Increasing demand for grease and lubricants in modern machinery is expected to boost the overall market growth in European countries such as Russia, France, and Spain with well-established and developed manufacturing sectors. Consumers in the region are more aware of the health benefits of processed foods items which, in turn, is anticipated to positively impact the market demand over the forecast period. Moreover, advancements in the manufacturing sector, especially food processing, are likely to positively impact the growth of the product in the region.

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Food Grade Lubricants Market Report Highlights

• The mineral product segment accounted for the largest revenue share of nearly 61.0% in 2020 owing to low cost of the product as compared to its counterparts
• Asia Pacific is poised to reflect highest revenue-based CAGR of 10.3% over the forecast period due to changing trends of the food industry and growing consumer acceptance of processed food in countries like China, India, Japan, and others
• The food application segment dominated the market and accounted for the largest revenue share of approximately 65.0% in 2020 owing to rising demand for processed food products, especially in the developing economies
• Increasing mergers and acquisitions and new product development by key industry participants are factors anticipated to pave way for higher demand for food-grade lubricants products worldwide for the next couple of years
• The market is highly competitive in nature due to the presence of a large number of multinationals focusing on R&D activities, capacity expansions, signing partnership agreements with distributors, and various other operational strategies to gain an edge in the competitive market space

Access Press Release@ https://www.grandviewresearch.com/press-release/global-food-grade-lubricants-market

Food Grade Lubricants Market Segmentation

Grand View Research has segmented the global food grade lubricants market on the basis of product type, application, and region:

Food Grade Lubricants Product Type Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• Mineral
• Synthetic
• Bio-based

Food Grade Lubricants Application Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• Food
  • Bakery
  • Confectionery
  • Dairy
  • Meat, Poultry, & Seafood
  • Sauces & Dressings
  • Others
• Beverage
  • Carbonated Soft Drinks
  • Fruit Beverages
  • Sports Drinks
  • Alcoholic Beverages
  • Others
• Pharmaceuticals
• Cosmetics
• Others

Food Grade Lubricants Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • South East Asia
• Central & South America
  • Brazil
  • Argentina
  • Columbia
  • Peru
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players of Food Grade Lubricants Market

• Exxon Mobil Corporation
• CITGO Petroleum Corporation
• Total S.A.
• Petro-Canada Lubricants Inc
• Chevron Corporation
• Dow
• Royal Dutch Shell
• Lanxess Corporation
• Fuchs 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.

Super Absorbent Polymer Market is Anticipated to Upgrade USD 15.18 Billion Revenue By 2030: Grand View Research Inc.

 Super Absorbent Polymer Market Growth & Trends

The global super absorbent polymer market size is expected to reach USD 15.18 billion by 2030, registering a CAGR of 6.4% according to a new report by Grand View Research, Inc. Growing demand from various application sectors such as baby diapers, adult incontinence products, agriculture, and female hygiene products is expected to drive the overall market growth over the forecast period.

Super absorbent polymers (SAPs) is a key component of baby diapers. SAPs are used to retain and absorb fluids under moderately high pressure. Emerging regions including Central & South America and Asia Pacific are expected to witness a brisk demand for baby diapers owing to different factors including rising disposable income, growing population, and increasing awareness regarding the benefits of synthetic baby diapers, which are projected to play a key role in driving the regional and global SAPs market.

Super Absorbent Polymer Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 9.81 billion
Revenue forecast in 2030	USD 15.18 billion
Growth rate	CAGR of 6.4% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 - 2021
Forecast period	2023 - 2030

Life expectancy statistics have sharply increased as a result of factors like constantly developing medical infrastructure, technology developments, and expanding accessibility to medical treatments. Growing life expectancy is presumed to further assist the adult incontinence product market and, in turn, boost the growth of the SAPs market.

Super absorbent polymers find key applications in agriculture industry owing to their water absorbing and water retention properties, making them ideal for agricultural applications, particularly in water-scarce regions. These super absorbent polymers enhances water use efficiency as well as the crop yield. Problems such as diversified soil characteristics, paucity of large cultivable land, and underprivileged conditions of farmers result in an inability to adopt advantageous and latest technologies and agricultural methods.

Different manufacturers are obtaining certifications for super absorbent polymers. For instance, in July 2021, Nippon Shokubai obtained biomass certification for super absorbent polymers from International Sustainability and Carbon Certification (ISCC) with the goal of achieving carbon neutrality by 2050.

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Super Absorbent Polymer Market Report Highlights

• In terms of revenue, Asia Pacific dominated the market with a revenue share of more than 38.0% in 2022 and is projected to expand at a CAGR of 7.0% over the forecast period. Increasing demand from various application segments in Asia Pacific region particularly in China and India are likely to drive market growth at a faster pace
• The personal hygiene segment dominated the market in terms of revenue with a market share of more than 63.0% in 2022. Super absorbent polymers are majorly utilized in hygiene products including baby diapers, female hygiene products, adult incontinence products and other applications including personal disposable hygiene products
• The agriculture segment is projected to augment at a CAGR of 6.1% over the forecast period on account of ongoing extensive research conducted by agricultural and government agencies in countries such as the U.S., China, and India regarding the novel agricultural applications of super absorbent polymers
• The sodium polyacrylate segment dominated the market in terms of revenue with a market share of more than 84.0% in 2022. The majority SAPs are made of sodium polyacrylate and are available in granular form or as fibers. Sodium polyacrylate is utilized in hygiene applications owing to its enhanced liquid absorption capability

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Super Absorbent Polymer Market Segmentation

Grand View Research has segmented the global super absorbent polymer market on the basis of type, application, and region:

Super Absorbent Polymer Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Sodium Polyacrylate
• Polyacrylate/Polyacrylamide
• Others

Super Absorbent Polymer Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Personal hygiene
  • Adult Incontinence Products
  • Female Hygiene Products
  • Baby Diapers
• Agriculture
• Medical
• Industrial
• Others

Super Absorbent Polymer Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Southeast Asia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • United Arab Emirates (UAE)
  • South Africa

List of Key Players in Super Absorbent Polymer Market

• BASF SE
• LG Chem
• Formosa Plastic Corporation
• SANYO CHEMICAL INDUSTRIES, LTD.
• SONGWON
• Evonik Industries AG
• KAO Corporation
• Nippon Shokubai Co., Ltd.
• Sumitomo Seika Chemicals Co. Ltd.
• Yixing Danson Technology

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.

Banking-as-a-Service Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 Banking-as-a-Service Market Growth & Trends

The global banking-as-a-service market size is expected to reach USD 74.55 billion by 2030, growing at a CAGR of 16.2% from 2022 to 2030, according to a new study conducted by Grand View Research, Inc. The global industry is accelerating due to the growing digitalization in banks and the simplification of financial services. In addition, the expansion of the Banking-as-a-Service (BaaS) industry is positively impacted by advancements in fund transaction services across the U.S. and several emerging countries. For instance, in October 2021, a Brazilian fintech company, Dock acquired BPP Payment Institution SA (Brasil Pré-Pagos), an e-payments service provider. With this acquisition, Dock will strengthen its payments and digital banking services in Brazil.

Banking-as-a-Service Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 22.49 billion
Revenue forecast in 2030	USD 74.55 billion
Growth rate	CAGR of 16.2% from 2022 to 2030
Base year of estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

The acquisition of BPP Payment Institution SA is expected to increase the competitiveness of its full-stack Banking-as-a-Service (BaaS) offering and speed up integrations. Moreover, in June 2022, Raisin Bank, a German BaaS operator, agreed to purchase Bankhaus August Lenz unit, a German private bank. With this acquisition, Raising Bank enters into the payments business. Raisin Bank will be able to provide its partners and their clients with electronic payment transactions in addition to cash solutions. Working with large bank-independent operators as well as merchants, restaurants, and gas station chains, the company will have access to more than 4500 ATMs in Germany.

The utilization of e-commerce platforms has significantly increased since the outbreak of the COVID-19 pandemic, which has augmented the demand for online payment technologies to share financial information with consumers. In addition, banks and fintech companies are becoming more interested in BaaS platforms to improve their core processes and offer secure contactless payments to expedite their transaction process. Moreover, the demand for BaaS is anticipated to rise as the bank and fintech sectors are inclined toward streamlining their operations to improve clients’ digital experiences post-pandemic.

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Banking-as-a-Service Market Report Highlights

• The platform segment dominated the industry in 2021 due to the increased adoption of digital financial services, including banking, payment transactions, mutual funds, portfolio management, and portfolio management. The increasing adoption of these services is driving companies to adopt BaaS platforms to deliver a better client experience
• The cloud-based BaaS segment dominated the industry in 2021 on account of the growing adoption of cloud-based BaaS platforms by businesses for streamlining digital operations
• The large enterprise segment led the industry in 2021 due to the rising investments by large enterprises in banking capabilities to enhance customer service
• The NBFC segment is anticipated to witness the fastest CAGR over the forecast period as businesses can use the trust to grow their customer base by collaborating with banks
• Asia Pacific is expected to register the fastest CAGR over the forecast period due to the development of IT infrastructure and growing emphasis on financial inclusion

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Banking-as-a-Service Market Segmentation

Grand View Research has segmented the global banking-as-a-service market based on component, product type, enterprise size, end use, and region:

Banking-as-a-Service Component Outlook (Revenue, USD Million, 2017 - 2030)

• Platform
• Services

Banking-as-a-Service Product Type Outlook (Revenue, USD Million, 2017 - 2030)

• API-based Banking-as-a-Service
• Cloud-based Banking-as-a-Service

Banking-as-a-Service Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

• Large Enterprises
• Small & Medium Enterprises

Banking-as-a-Service End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Banks
• NBFC
• Government
• Others

Banking-as-a-Service Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Banking-as-a-Service Market

• Green Dot Bank
• Solarisbank AG
• PayPal Holdings, Inc.
• Fidor Solutions AG
• Moven Enterprise
• The Currency Cloud Ltd.
• Treezor
• Bnkbl Ltd.
• MatchMove Pay Pte Ltd.
• Block, 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.

AI In Retail Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 AI In Retail Market Growth & Trends

The global AI in retail market size is anticipated to reach USD 40.74 billion by 2030, expanding at a CAGR of 23.9% from 2022 to 2030, according to a new study by Grand View Research, Inc. The rising prominence of advanced technologies, such as chatbots and voice recognition programs, has furthered the growth potential. Moreover, the emerging online retail sales, increasing focus of retailers on improving customers’ shopping experience, rising reliance on digital marketing, and growing investments in AI, accompanied by supportive government regulations, are the crucial factors contributing to the progress of the industry worldwide.

AI algorithms play a pivotal role in assessing a considerable amount of data collated from consumers’ online behavior. Moreover, AI-driven image and video analytics have become trendier to help filter out and classify images and less important visual content, expediting investments across developed and developing economies.

AI In Retail Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 7.34 billion
Revenue forecast in 2030	USD 40.74 billion
Growth rate	CAGR of 23.9% from 2022 to 2030
Base year for estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

Adopting AI in retail helps provide better outcomes and engage customers in the virtual world, which is expected to increase demand for AI in retail in the coming years. For instance, in January 2021, Google LLC launched Product Discovery Solutions for Retail. This product is a suite of services created to improve retailers’ e-commerce potential and aid them in delivering personalized consumer experiences.

The image and video analytics segment is poised to gain a significant share in the AI in retail market during the assessment period, partly due to the growing prominence of in-store promotional strategies and image search. To illustrate, eBay uses AI to streamline image searches, enhance buyer-seller trust, and boost shipping and delivery times. Meanwhile, Amazon prioritizes AI to expand visual search and facial recognition, among others.

Stakeholders anticipate the virtual assistant segment to contribute significantly to the global market. The trend is mainly attributed to the growing prominence of voice-powered search queries and personalized shopping experiences. Prominently, intelligent virtual assistants have reshaped the industry dynamics, helping retailers handle customer queries seamlessly.

Major players in the market are consistently investing in advanced technologies and introducing customer targeting and tailored solutions to stay ahead of the competition. For instance, in August 2020, Kenco, a company that provides logistics services based in the U.S., launched DaVinci AI to create predictive insights, boosting supply chain and prescriptive actions.

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AI In Retail Market Report Highlights

• The chatbots segment is projected to advance at the fastest CAGR of 30.0% from 2022 to 2030, owing to the rising prominence of advanced technologies, such as voice recognition programs
• The Customer Relationship Management(CRM) segment held the largest revenue share in 2021, due to surging demand to boost customer retention and return on investments. CRM will also gain traction due to seamless communication, social media integration, and data collection for retail businesses
• Natural language processing (NLP) will grow with an uptick in data analysis and the trend of mobile interfaces and touchscreens. For instance, NLP will remain instrumental in sentiment analysis to analyze customer messages, call center interactions, online reviews, and social media posts
• Asia Pacific will contribute significantly to the global market growth during the assessment period. The growth outlook is mainly due to investment in cutting-edge technologies to streamline the supply chain

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

AI In Retail Market Segmentation

Grand View Research has segmented the global AI in retail market based on component, technology, sales channel, application, and region:

AI In Retail Component Outlook (Revenue, USD Million, 2017 - 2030)

• Solution
• Services

AI In Retail Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Machine Learning
• Natural Language Processing
• Chatbots
• Image and Video Analytics
• Swarm Intelligence

AI In Retail Sales Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Omnichannel
• Brick and Mortar
• Pure-play Online Retailers

AI In Retail Application Outlook (Revenue, USD Million, 2017 - 2030)

• Customer Relationship Management (CRM)
• Supply Chain and Logistics
• Inventory Management
• Product Optimization
• In-Store Navigation
• Payment and Pricing Analytics
• Virtual Assistant

AI In Retail Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the AI In Retail Market

• NVIDIA Corporation
• Microsoft Corporation
• Google LLC
• IBM Corporation
• SAP SE
• Oracle Corporation
• Sentient technologies
• Intel Corporation
• Salesforce, 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 Fabric Market Competitive Insight and Key Drivers 2022 to 2030: Grand View Research Inc.

 Data Fabric Market Growth & Trends

The global data fabric market size is expected to reach USD 8.49 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 21.2% from 2022 to 2030. In an extensive data system, data fabric is one of the most significant architectures, providing seamless, real-time integration and access across diversified data silos. There is a considerable growth opportunity in the market that will revolutionize how data is collected, analyzed, and managed.

Data analytics and big data play a more significant role in driving the growth of the global market since they integrate disparate sources of data and provide analytics on them. As data accessibility and business agility become more critical, there is an increase in the adoption of data fabric platforms, which give tools access to data through a wide range of interfaces. However, a lack of data fabric awareness and the absence of a skilled workforce are some factors that hamper the market's growth to a certain extent. In addition, digitalization is a lucrative opportunity for the market growth of data fabrics in emerging economies worldwide.

Data Fabric Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 1,821.0 million
Revenue forecast in 2030	USD 8.49 billion
Growth rate	CAGR of 21.2% from 2022 to 2030
Base year for estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

Traditional programs could be replaced by experiences powered by metadata owing to an accurate data fabric. Although the end user may not recognize the distinction between such experiences and APIs, developing the architecture is easy. The data fabric's network effects, such as data catalog, data integration, and data management, are its most promising feature. A genuine data fabric improves efficiency as it is used more frequently.

The COVID-19 epidemic has only accelerated the market for data fabric's strategic orientation. Data and analytics executives understand that they require automation help rather than continuing to invest in human data integration. Teams that integrate data are constantly changing. The volume of data and, thus, the number of requirements for data integration are increasing exponentially even as team sizes are decreasing. This disparity between supply and demand shows that automation and augmentation must be urgently prioritized. The data fabric architectural design, a crucial use case for this year, must be given increased attention to supporting augmented data integration.

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Data Fabric Market Report Highlights

• Europe is expected to witness significant growth over the forecast period. The significant factors contributing to the market's development include increasing volume and variety of business data
• Government regulations and data security abiding laws are expected to act as a catalyst in driving the fraud detection and security management segment
• Data fabric utilizes ML capabilities of data integration, knowledge graphs, and active metadata enabling faster access to trusted data across distributed landscapes
• Asia Pacific is anticipated to witness the highest CAGR during the forecast period. Growing AI and ML adoption across the industries in the region is expected to support the growth

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

Data Fabric Market Segmentation

Grand View Research has segmented the global data fabric market based on component, deployment, type, enterprise size, business applications, industry, and region:

Data Fabric Component Outlook (Revenue, USD Million, 2017 - 2030)

• Solution
• Services

Data Fabric Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• On-premise
• Cloud

Data Fabric Type Outlook (Revenue, USD Million, 2017 - 2030)

• Disk-based Data Fabric
• In-memory Data Fabric

Data Fabric Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

• Small and Medium Enterprise
• Large Enterprise

Data Fabric Business Applications Outlook (Revenue, USD Million, 2017 - 2030)

• Fraud Detection and Security Management
• Governance, Risk and Compliance Management
• Customer Experience Management
• Sales and Marketing Management
• Business Process Management
• Other Applications

Data Fabric Industry Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• Telecommunications & IT
• Retail & Ecommerce
• Healthcare
• Manufacturing
• Transportation & Logistics
• Media & Entertainment
• Others

Data Fabric Region Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Data Fabric market

• Atlan Pte. Ltd
• IBM
• Oracle
• Talend
• SAP
• Informatica Inc.
• Cloudera Inc.
• TIBCO Software Inc.
• Amazon Web Services, Inc.
• world, 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 Integration Market Outlook & Future Forecast Report Till 2030

 Data Integration Market Growth & Trends

The global data integration market size is expected to reach USD 29.21 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a lucrative CAGR of 11.9% from 2022 to 2030. Data integration solutions and tools are a collection of organizational and technical procedures created to combine data from many sources into understandable and valuable data sets. Data integration solutions are provided through tools like ETL (extract, transform and load), data replication, and data virtualization. These tools enable the extraction of vast volumes of data from source systems and loading those data into a cloud source or an enterprise data warehouse.

The end location must be adaptable enough to handle various data types at high volumes. For instance, in February 2022, NAVEX Global, Inc., a compliance management software provider, launched the NAVEX Integration Cloud platform. The new data integration platform would automate risk management workflows and integrate a wide variety of business data in a single comprehensive view in the cloud. With a thorough understanding of automated risk management and streamlined procedures, NAVEX Integration Cloud fulfills the company's goal to offer the world's smartest integrated platform. As a result, enterprises are better able to foresee and mitigate risk.

Data Integration Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 11.9 billion
Revenue forecast in 2030	USD 29.21 billion
Growth Rate	CAGR of 11.9% from 2022 to 2030
Base year for estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

As data production remains high data integration has become more crucial. Data integration aims to ensure that data is stored and preserved as planned. Moreover, the data set obtained from a data search is desired and anticipated. Data integrity can be aided by maintaining a centralized view of all the data in a single location, such as a data warehouse. In fact, over time, data integration aids in enhancing the accuracy and reliability of data. The quality and integrity of the data can be improved when it is transferred to the central location by data transformation operations, which can also detect data quality problems.

Further, data integration enables manufacturers to fully utilize the value of the data generated from their facilities by smoothly integrating information technology with operational technology. For instance, in May 2022, Google Cloud launched manufacturing connect and manufacturing data engine integration platforms for manufacturers. The integration platforms would enable manufacturers to process and standardize data in a single location and provide their staff with simplified analytics and artificial intelligence (AI) solutions based on cloud infrastructure.

Without significant changes to current applications or data structures, well-implemented data integration can lower IT costs, free up resources, enhance data quality, and promote creativity. Although IT firms have always needed to integrate, the benefits may not have previously been as high as they are now due to data integration. Companies with advanced data integration skills have a substantial competitive advantage, including more significant value and insight development with a holistic viewpoint of facts that is easier to examine; operational efficiency was increased by eliminating the need to manually alter and integrate data sources.

Integrating data can assist a company in using information that would otherwise require development. By doing this, companies can boost productivity by enhancing departmental communication, delivering better customer service, streamlining processes, and improving decision-making.

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Data Integration Market Report Highlights

• Some regions in North America have the most competitive and constantly changing and rising technological advancements in the data integration industry. The expanding number of data integration businesses globally is projected to support market expansion
• Large enterprises are scaling their infrastructure to meet remote worker needs and unique demands. Enterprises also maintain infrastructural support for their services and goods
• The cloud segment is anticipated to portray the highest growth rate in the forecast period. Organizations can store essential resources in the cloud and access various customizable data integration options
• North America dominated the global market in 2021. However, Asia Pacific is projected to grow at the highest CAGR from 2022 to 2030

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

Data Integration Market Segmentation

Grand View Research has segmented the global data integration market based on component, deployment, organization size, business application, end-user, and region:

Data Integration Component Outlook (Revenue, USD Million, 2017 - 2030)

• Tools
• Services

Data Integration Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud
• On-premise

Data Integration Organization Size Outlook (Revenue, USD Million, 2017 - 2030)

• Large Enterprises
• Small & Medium Enterprises

Data Integration Business Application Outlook (Revenue, USD Million, 2017 - 2030)

• Marketing
• Sales
• Operations & Supply Chain
• Finance
• HR

Data Integration End-user Outlook (Revenue, USD Million, 2017 - 2030)

• IT & Telecom
• BFSI
• Healthcare
• Manufacturing
• Retail & E-commerce
• Government & Defense
• Others

Data Integration Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Data Integration Market

• Informatica Inc.
• International Business Machines Corporation
• Microsoft
• SAP
• Oracle
• Talend
• SAS Institute Inc.
• TIBCO Software Inc.
• Denodo Technologies
• QlikTech International AB

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 Banking Platform Market Growth in the Coming Years

 Digital Banking Platform Market Growth & Trends

The global digital banking platform market size is anticipated to reach USD 107.1 billion and to expand at a CAGR of 20.5% by 2030, according to a new report by Grand View Research, Inc. The rise in internet users and the customers’ shift from traditional to online banking are key drivers for market growth. Furthermore, an expansion in the use of cloud-based platforms is expected to boost the digital banking platform market by providing greater scalability. Additionally, the banking industry is anticipated to benefit from increased use of artificial intelligence and machine learning in digital banking platforms, as well as from an increase in creative banking services and corporate investors.

However, problems with security and compliance in digital lending platforms are partially impeding the full-scale growth of the global market. On the other hand, the COVID-19 pandemic accelerated the growth of e-commerce, in turn increasing the scope of digital banking. For instance, as per Ecommerce Europe, the percentage of e-shoppers in Europe increased from 60% in 2017 to 71% in 2020. Whereas, the share of e-commerce GDP in the total European GDP increased from 3.11% in 2017 to 4.29% in 2020. Hence, the demand for digital banking platforms is likely to expand owing to the growth of online shopping and digital transaction volumes.

Asia Pacific held the largest market share in 2021 and is anticipated to witness the fastest growth of CAGR of 21.1% during the forecast period. This is attributed to the larger population and increased digitalization in the region. New firms such as Tonik Digital Bank, Inc., Anywhere 2 go Co., Ltd., and Cashfree Payments India Private Limited are fundamentally altering the banking industry by redefining the sector for both individuals and businesses. For instance, in June 2022, Cashfree Payments India Private Limited introduced its tokenization solution ‘Token Vault’ which is capable of exchanging and making use of information in card tokenization.

Globally, North America is the second largest market by revenue and is expected to expand at a compound annual growth rate (CAGR) of 19.9% from 2022 to 2030. The adoption of cloud-based solutions is enhancing in the North American region especially, in the business verticals that are pertaining to the finance and banking sectors. Banks are currently adopting cloud-based digital banking platform solutions due to their inexpensive start-up costs and quick updates, and this trend is anticipated to continue throughout the forecast period.

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Digital Banking Platform Market Report Highlights

• The online banking segment accounted for 80.7% of the market share in 2021 and is anticipated to exhibit a CAGR of 20.1% in the forecast period. This is due to the rising demand for smart mobile devices as well as a shift in consumer preference from traditional to digital channels
• By deployment, cloud-based digital banking held 28.7% of the market share in 2021 in terms of revenue and is anticipated to grow at the highest CAGR of 20.7% in the projected period. The adoption of cloud technology and SaaS is expected to be crucial for the future of the banking industry
• By component, the service segment is expected to be the fastest-growing segment with a CAGR of 21.1% from 2022 to 2030 with professional service being the largest sub-segment by revenue
• In August 2021, Salt Edge Limited and Finastra entered a partnership to provide instant Payments Service Directive 2 (PSD2) & global Open Banking compliance for a secure, open and personalized banking experience
• In August 2021, Christian Financial Credit Union entered a partnership with NCR Corporation to offer a cutting-edge and complete digital banking platform that includes tools for credit monitoring, money management solutions, and card restrictions and notifications

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

Digital Banking Platform Market Segmentation

Grand View Research has segmented the global digital banking platform market based on deployment, mode, component, service, type, and region:

Digital Banking Platform Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• On-Premise
• Cloud

Digital Banking Platform Mode Outlook (Revenue, USD Million, 2017 - 2030)

• Online Banking
• Mobile Banking

Digital Banking Platform Component Outlook (Revenue, USD Million, 2017 - 2030)

• Platform
• Service

Digital Banking Platform Service Outlook (Revenue, USD Million, 2017 - 2030)

• Professional Service
• Managed Service

Digital Banking Platform Type Outlook (Revenue, USD Million, 2017 - 2030)

• Retail Banking
• Corporate Banking
• Investment Banking

Digital Banking Platform Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Digital Banking Platform Market

• Appway AG
• Alkami Technology Inc.
• Finastra
• Fiserv, Inc.
• Crealogix AG
• Temenos
• Urban FT Group, Inc.
• Q2 Software, Inc.
• Sopra Banking Software
• Tata Consultancy Service

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.