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Gemstones are elements of minerals which when polished and cut are used for making jewelry and other ornaments, as well as for decoration purposes. Certain rocks or organic materials that are not considered as minerals are also consumed in making jewelry products and are hence considered to gemstones as well. While most of the gemstones are hard in nature, certain soft minerals are used in making jewelry owing to their luster and other properties exhibiting aesthetic value. In addition to jewelry, hardstone carvings and antiquity gems have been major luxury art forms as well. They are usually treated in order to improve the clarity or color of the stone, and can affect the value of the stone depending upon the extent and type of treatment. Certain gemstones are produced to imitate other gemstones. Such gemstones include synthetic moissanite and cubic zirconia which is a synthetic diamond stimulant consisting of zirconium oxide. These gemstones replicate the color and look the original stone but don’t exhibit their physical and chemical properties. Moissanite has a higher refractive index as compared to diamond and has more “fire” when presented with an equivalent cut and sized diamond.
The global demand for gemstones has been significant owing to consumers opting for purchasing medium priced gem products via certain platforms such as home shopping through television marketing. While the mid-ranging consumers prefer towards purchasing discounted products, top consumers are opting towards investing in jewelry and gems. Moreover, certain factors such as fashion designers focusing towards developing innovative jewelry products as well as manufacturers becoming vertically integrated involved in developing gemstones as well as jewelry are contributing towards the growth of the gemstones market.
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Gemstones share a wide application scope in making jewelry. The market for jewelry and gems has been noticing a significant increase disposable income of the individuals coupled with growing usage of ornaments in ceremonies in Asian economies. Consumers in emerging economies such as Asia Pacific are slowly drifting away from the conventional unorganized jewelry and inclining towards organized branded products in order to protect themselves from counterfeit products. Moreover, rising awareness regarding the benefits of shopping from organized retail by implementing various promotional strategies and advertisements has also led to increasing consumption of jewelry which has further contributed towards the demand for gemstones in Asia Pacific and other regions.
Increasing demand for jewelry as well as inclusion of gems in jewelry products owing to increasing spending of the consumers as well as changing lifestyle is expected to drive the demand for jewelry products over the forecast period thereby increasing the demand for gemstones. In addition, increasing use of gems as an individual feature for decoration purposes is also expected to contribute towards the growing consumption of gemstones. However, factors such as rising labor charges as well as inflation impacting the prices of jewelries are thereby expected to negatively affect the growth of its raw materials such as gemstones. Focus on research and development activities towards developing innovative products as well as focus on market expansion in emerging region such as Latin America and Asia Pacific is expected to provide new opportunities for the growth of the market.
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Blue Nile, Gitanjali Gems Ltd., Tiffany & Co., Titan Gems, and Zales Corporation are some of key player in the gemstone industry.
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Medical gloves are gloves that one use gloves and should preferably be disposed of after just one use specially when dealing with bacterial culture or worn during surgeries. These gloves are manufactured out of various kinds of polymers including latex, nitrile rubber, vinyl and neoprene. These products are available either in the powdered or in the non-powdered form or are powdered with cornstarch to lubricate them so that it becomes easier for one to put on. Before the usage of cornstarch, tissue irritating Lycopodium powder and talc was used. After which it was discovered that even cornstarch would impede healing especially during surgeries, hence non-powdered gloves were preferred during surgeries.
There are 2 types of medical gloves, exam gloves and surgical gloves. Surgical gloves, which are used during surgeries, are usually made to a higher standard and have more precise sizing, better precision and sensitivity, while exam gloves are available as either sterile glovers orf non-sterile gloves. Surgical gloves are always available as sterile gloves. These gloves have multiple purposes in the medical world right from surgical purposes to dental applications. These gloves are also used during commission of crimes due to their thinness and tight fit, which allows dexterity. Latex, which is used in the production of these gloves s being replaced by vinyl, nitrile rubber or neoprene, is widely used, as there is increasing rate of latex allergy among general population. Latex was used as a raw material as it was cheaper, the high grade nitrile gloves that are available nowadays is double the price of latex. This is one of the reasons, cost effective environments like hospitals have not replaced latex gloves yet.
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The main factors that drive the medical drive market is the growing awareness of health and safety measures that have to be employed in order to stop spread of diseases. Patients and health medics have recognized the increasing need for gloves globally. Disposable gloves have served the medical industry for a long time in terms of hygiene maintenance, safety measures and low cost. The non powdered glove market is expected to grow at a faster rate due to its use in surgery as compared to powdered gloves which retards the healing process. The healthcare and the medical industry is growing at a fast rate thus increasing the growth of disposable gloves market as it is the staple product required in this industry. However, the prices of raw materials keep fluctuating and currency fluctuations create complications for this market.
The key segments for the medical gloves industry include North America, Europe, Asia Pacific and Rest of the World (RoW). The U.S. is said to be largest market for disposable medical gloves while the Asia Pacific countries are known to be the fastest growing market in this sector. The developing healthcare industry is boosting the growth of these disposable gloves in the emerging countries. The fast growth in the food processing, personal care, hygiene and medical industries are the major factors that enhance the growth of these gloves in North America. Europe follows North America concerning the usage of medical disposable gloves but the rapidly growing healthcare industry in developing countries is expected to increase thus decreasing the glove market share in Europe. These segments focus mainly on the production and manufacture of non-powdered gloves as the market for powdered gloves is decreasing owing to the fact that it retards the healing process.
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The key companies profiled for the manufacture of medical disposable gloves include Ansell Healthcare, Hartalega Holdings, Supermax Corporation Berhad, Kossan Rubber Products, Rubberex and Top Glove Corporation Bhd. among others.
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System integration (SI) enables to build computing systems for end users by combining hardware and software products from several vendors. By implementing systems integration, a company can acquire cheaper, pre-configured components of software. These small components of software help company to achieve key business goals. Otherwise the companies have to purchase customized, more expensive software; this may also require manufacturing of unique products or original programming. Creation of these information systems include designing and building a new customized applications or architecture, after building software components, they are integrated with the existing or new software and hardware packages and communication infrastructure. There are some system integrators such as SAP providing more specialized and specific applications.
High investments in IT in last decade have created a huge demand for the system integration market. As the information technology developed the adoption and implementation of information technology system were high, this generated the distributed information system all over the industries and organization generating the demand for integration of the distributed systems. Thus high investment in distributed information technology system is the main driver for the system integration market. With this there are many emerging technologies supporting system integration market such as bid data and cloud. Cloud implementation and big data solutions implementation is the new trend in the information technology systems market. Thus companies are adopting the integration of their data with adoption of these technologies such as big data and cloud providing added advantages to the companies implementing it. Development in automation sector is driving system integration market, as adoption of system integration technologies is high in automation sector.
High implementation cost and time required for the effective implementation of system integration is resulting into less adoption of system integration technologies. With this there are very less number of international standard protocols for the communication between two or more information technology sub-systems resulting into complexities for the system integrators. If the industry previously is using legacy systems then it results into increased complexities for system integration. For system integration the network infrastructure must be standard, thus lack of network infrastructure is resulting into deferred demand for the system integration market.
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System integration market is segmented on the basis of system integration service type, end-use industry and geography. On the basis of type the system integration market is broadly segmented into three major types namely infrastructure system integration services, application system integration services and business consulting services. Infrastructure system integration services are segmented into network management, data center management, building management, security and surveillance management, cloud based integration management and enterprise management. Application system integration services are segmented into data integration, unified communication, integrated social software, application integration and others. Further business consulting services are segmented into business process integration, business transformation and application lifecycle management.
System integration market is segmented on the basis of end-user industry into banking, financial services and insurance (BFSI), defense, healthcare, telecommunication and IT, oil gas and energy, transportation, retail and others (pharmaceuticals, public sector, education and automotive). And on the basis of geography system integration market can be segmented into North America, Europe, Asia Pacific and rest of the world (RoW).
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Some of the major players in system integration market are Accenture Plc., BAE Systems Plc., Capgemini S.A., Computer Sciences Corporation (CSC), Fujitsu Limited, General Dynamics Corporation, Harris Corporation, IBM Corporation, Infosys Technologies, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Leidos Corporation, Tata Consultancy Service Limited and Wipro Limited. With this global players system integration market in Asia Pacific is dominated by local players, such as there are many local players in China and India dominating and holding the maximum market shares.
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Mixed fruits and vegetables segment is expected to expand at a relatively high CAGR over the forecast period
Mixed fruits and vegetables segment is expected to remain dominant in the global cold pressed juice market over the forecast period. The segment is expected to grow at a CAGR of 7.2% over the forecast period. Among the various type segments, the mixed fruits and vegetables segment is projected to register relatively high CAGR and gain significant market share by 2024 end in the global cold pressed juice market during the period of forecast.
Rising health awareness among consumers anticipated to boost the growth of the mixed fruits and vegetables segment during the projected period
Demand for cold pressed juice made from mixed fruits and vegetables has been increasing significantly owing to growing concerns regarding various health issues as well as the health benefits associated with consuming these juices. The manufacturing process for cold pressed juices entails using a hydraulic press to extract 100% juice from fruits and vegetables. Furthermore, no additional heat or oxygen is used, which means no nutrients are lost during the process. As compared to other juices, nutrients, amino acids, phytonutrients, minerals, trace minerals, and enzymes are not lost during the extraction procedure in the case of cold pressed juices. These factors are fueling the growth of the mixed fruits and vegetables segment in the global cold pressed juice market.
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Rising health awareness among consumers is steadily causing a shift in preference towards safer, convenient, healthy, and refreshing beverages that are calorie-free, caffeine-free, and free from artificial ingredients, and this is creating robust development in the mixed fruits and vegetables segment of the global cold pressed juice market. Increasing demand for green beverages is also expected to increase during the forecast period. Manufacturers are also increasingly introducing flavors such as green juice with coconut water, cucumber, leafy greens, and splash pineapples to leverage growing demand among health conscious consumers and to address steadily rising market demand for healthy and natural juices. Also, an introduction of smooth green mixes with pineapple, apple, mint, and cucumber is likely to boost revenue growth of the mixed fruits and vegetables segment over the period of assessment. Rising demand for juices made from super fruits such as Acai, Blueberry, Pomegranate, Black Currant, Maqui Berry, Baobab, Cranberry and Goji is further contributing to market growth in the mixed fruits and vegetables segment of the global cold pressed juice market.
Mixed fruits and vegetables segment is expected to remain dominant in the North America cold pressed juice market
In 2016, the North America cold pressed juice market accounted for a value share of a little over 35% in the global cold pressed juice market. Europe followed closely with a market value share of nearly 31%. The North America cold pressed juice market is projected to register a relatively high CAGR of 7.4% in terms of value, followed by the Europe cold pressed juice market, which is slated to grow at a CAGR of 7.0% in terms of revenue. By 2024 end, the North America region is expected to be a relatively attractive market for cold pressed juices. The segments that are likely to dominate the North America cold pressed juice market by the end of the forecast period are: Organic (by Nature) – in terms of high revenue share and high CAGR; Mixed Fruits and Vegetables (by Type) – in terms of high CAGR; Retail/Grocery Stores (by Distribution Channel) – in terms of relatively high value share. Within the North America region, the cold pressed juice market in the U.S is expected to account for a comparatively high revenue share and grow at a relatively high value CAGR over the forecast period.
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Education ERP Market - Key Research Findings
Education enterprise resource planning (ERP) market size in 2018 – Over US$ 7.5 Bn
Estimated CAGR for education ERP market over 2018-2028 - 10.6%
According to the recent statistical data of the World Semiconductor Trade Statics (WSTS)
Due to the rising adoption of technology products, the worldwide ICT spending is increasing prominently due to the usage of consumer electronics, smart devices, & software, and the continuous launch of new IT & communication technologies in the past three years.
Increasing urbanization in emerging as well as developed economies, coupled with a growing middle-class population, has led to a surge in the adoption smart education ERP solutions worldwide.
There has been growth in the adoption of smartphones among individuals due to the increasing usage of digital technologies, such as online banking, online education, web-based services, and others.
North America and Europe will remain the largest regional markets for Education ERP
Increasing demand for smart education systems with innovative software will continue to the generation of substantial demand for education ERP.
South Asia holds a prominent growth potential for education ERP market
With an increase in technological advancements, the demand for Internet-enabled devices has increased from children and young consumers. The features of internet-enabled devices are expected to drive the demand for the education ERP market across the South Asia region.
Cloud will remain the most preferred deployment type in the education ERP market
As the trend of digitalization is encouraging people to adopt new technologies, the education sector is also transforming and adopting new education ERP solutions.
The replacement of device-based computing, increasing connectivity & hardware, privacy of several cloud-based resources, emerging online & collaborative learning, and the personalization of technology are among the major factors contributing to the growth of the education ERP market.
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Top 3 Factors Shaping Urology Imaging System Market
Increase in the Number of Educational Institutions
Growth in the number of educational institutions across the globe has boosted the implementation of education ERP software to improve the efficiency of various organizational practices. Education ERP systems can track business resources, which include raw materials and cash among others, while it can help to analyze the production capacity and monitor the status of purchase orders & payroll.
The education sector is increasingly outsourcing complex management processes to third-party vendors. In schools and universities, education ERP systems enable the smooth management of Student Information System (SIS), payroll, accounting, placement management, transport management, enrolment, and admissions, among others. These are some of the primary factors driving the education ERP market worldwide.
Lack of Awareness about Education ERP Products
Education ERP solutions are available in mobile devices, mobile apps, and desktop computers. However, in the developing countries of South and East Asia and Middle East and Africa (MEA), people are not familiar with the benefits of employing education ERP solutions due to lack of awareness regarding the same. Most educational institutions are unaware of how education ERP solutions can help manage the data securely with maximum flexibility, which may negatively impact growth of the education ERP market.
Tech-driven Developments in the e-Learning Market
The global education sector is experiencing a shift in e-Learning models, fuelled by the exponential demand for connected devices and digital education across the world. Moreover, these educational advancements are expected to change the personal learning experience of end users, as well as offer business opportunities for education ERP solution developers.
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Education ERP Market Structure Analysis
The global education ERP market represents a consolidated competition landscape, wherein Tier 1 companies hold a revenue share of more than 42.4%.
Important entrants in the education ERP market, such as Workday, Inc. and Foradian Technologies, are strategizing on new product launches.
While most of the key education ERP market players maintain a strategic focus on the South Asia and European markets, the report underscores that collaborations with other education ERP solution providers will be an important developmental strategy for companies to expand their customer base.
The number of manufacturers of new and innovative education ERP solutions is increasing at a rapid pace.
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Preference for breath tests over other conventional medical tests is increasing, which has been attributed to the cost benefit, relatively higher safety, and non-invasive nature. Increasing prevalence of lactose or carbohydrate intolerance among population is further boosting the growth of the Hydrogen Breath Test Analyzer market. Almost 50-70 million people suffer from lactose intolerance in America alone. Presence of a large patient pool is expected to drive the growth of the Hydrogen Breath Test Analyzer market during the forecast period.
According to a new report of Persistence Market Research, the Portable Hydrogen Breath Test Analyzer Segment accounted for over 52% revenue share in the global Hydrogen Breath Test Analyzer market in 2017. Handheld Hydrogen Breath Analyzers that measure the exhaled breath are also gaining ground as they are more compact, easy to use, patient friendly, and superior in quality. Moreover, the shift from invasive to non-invasive diagnosis is increasing the popularity of Hydrogen Breath Test Analyzers in the market, which will further increase the growth of the other segments in near future.
Evolving technological preferences and improvements in Hydrogen Breath Test Analyzers in recent years have resulted in reduced hospital visits, which is a primary factor predicted to contribute to the growth of the global Hydrogen Breath Test Analyzers market. With increasing adoption of Hydrogen Breath Test Analyzers in the market, manufacturers have started developing collection kits and compact sized devices, which are more economical. These kits are disposable and allow for a proper breath sample to be collected and further analyzed using hydrogen breath testing devices.
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Patients have to collect samples individually, which does not require much expertise and can mail their breath samples back to the office or laboratory for analysis. These pocket-sized Hydrogen Breath Test Analyzers do not require invasion of a needle into the body and enable a reliable direct measurement at bedside. Hydrogen Breath Test Analyzers are being adopted among end users as they help in avoiding multiple re-visits to hospitals, which has further resulted in strong market penetration of hydrogen breath analyzers over the years.
The Hydrogen Breath Test Analyzer market is consolidated in nature, with three players accounting for majority of the global revenue. However, distributors in the Hydrogen Breath Test Analyzer market are spread across the world. Hydrogen Breath Test Analyzer companies operating in the market are focusing on launching of better and advanced products to further increase sensitivity and avoid false positive tests during diagnosis of diseases.
Hydrogen Breath Test Analyzer companies are significantly collaborating and acquiring other key players in the industry and funding programs and presence of reimbursement agencies will further aid the growth of the market. Bedfont and Laborie have signed agreements to expand their line of gastroenterology products, which includes Hydrogen Breath Test Analyzers.
Significant collaboration efforts among key players in the medical device industry and presence of various reimbursement agencies will further aid the growth of the market during the forecast period. Hydrogen Breath Test Analyzers help save time, which is an important factor positively affecting their uptake. Also, these devices are attached to a computer-based software, which transfers the result to the database, thereby making the whole process accurate and easy.
However, the lack of uniformity regarding the interpretation of various Hydrogen breath tests will continue to pose a negative impact on rapid adoption of hydrogen breath test analyzer throughout the forecast period, according to PMR’s analysis.
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The report tracks some of the key companies operating in the Hydrogen Breath Test Analyzer market. Some of the key players featured include Hydrogen Breath Test Analyzer Market report are Breathe E-Z Systems, Inc., QuinTron Instrument Company Inc., Bedfont Scientific Ltd., LABORIE and FAN GmbH, among others.
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Organic Pea Protein Market - Global Industry Analysis and Opportunity Assessment, 2019-2027” is the upcoming report of Persistence Market Research that offers actionable insights on the global organic pea protein market. The report anticipates that the organic pea protein market will observe robust growth in the revenue through 2027, at an estimated CAGR of 7.2%.
The Scope of the Organic Pea Protein Market
The organic pea protein market is segmented into region, application, and product type. Organic pea protein is segmented by product type into concentrates, isolates, and texturized. People are more conscious about their health, so the demand for healthy and low-fat food has increased. This has motivated the intake of vegan diet among health conscious people.
On the basis of application, organic pea protein is used in functional beverages, confectionery and bakery, meat substitutes, supplements, cereals & snacks, and others. Dietary supplements are further segmented into protein powder, sports nutrition, and others.
The Demand for Plant-based Food Products is the Major Driving Force for the Organic Pea Protein Market
There is a rise in the number of people who prefer vegetarian food. They are more conscious about their diet and prefer to have substantial protein intake in their daily diet. Source and type of protein have a major impact on consumer preference. Consumers are increasing preferring protein extracted from plants which include soy protein, rice protein, pea protein, wheat protein, potatoes, and others.
The demand for organic pea protein is increasing due to its many benefits over animal-based proteins such as clean label products, natural products, allergies from animal-based products, vegan lifestyle, and ease of digestion. Organic pea protein demand is high as consumer desire for vegan lifestyle is growing, which drives the organic pea protein market over the forecast period.
The Growing ‘Healthy’ & “Natural & Organic’ Trend Is Supplementing Organic Pea Protein Market Growth
People are more conscious of what they consume. The popularity of organic pea proteins is increasing with the millennial population. Increasing incidences of health issues such as obesity, diabetes, and blood pressure are prompting consumers to maintain a healthy lifestyle. They are thus more inclined towards the consumption of dietary supplements made from organic pea protein and functional foods that contain organic pea proteins.
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Those who are more concerned about their family’s health prefer food free from additives, hormones, and antibiotics, and hence, opt for natural, as well as organic products. Organic pea protein gains more popularity in food manufacturing companies as it is a clean label product. Clean label foods are those with an easily understandable ingredients list. They are presumed to be healthy, natural, and nutritious. This trend increases the demand for organic pea protein in the global market.
Competition Landscape: Global Organic Pea Protein Market
Key players in the organic pea protein market include Maxsun Industries, Inc, Farbest Brands, Puris, Bioway (Xi'an) Organic Ingredients Co. Ltd., Greenway Organics (Tianjin) Co., Ltd, The Scoular Company, YT (XI’AN) Biochem Co., Ltd., A&B Ingredients, Axiom Foods, Inc., Vestkorn, The Green Labs LLC, and Phyto-Therapy Ptv. Ltd.
The competition landscape section includes highlights on key strategies adopted by industry players such as mergers & acquisitions, expansions & investments, new product launches, partnerships, collaborations, and joint ventures. This report also covers analysis on key industry players business overview, product offerings,key developments, and business presence.
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Key Insights: Global Organic Pea Protein Market
Over the past few years, there has been an increasing shift towards vegetarianism, globally. This trend is expected to drive the demand for organic pea protein products. The demand for organic food products is increasing and subsequently propelling the organic pea protein market. The development of vegan food market and demand for high protein ingredients in bodybuilding and sport industries, drives the organic pea protein market. Plant-based food products are healthy and preferred by private label brands which is an important factor driving organic pea protein market growth.
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Polyvinyl chloride (PVC) is the third-most widely produced polymer, after polyethylene and polypropylene. PVC is one the most widely used plastics and is produced by polymerization of the monomer vinyl chloride. PVC has an amorphous structure with polar chlorine atoms and has fire retardant properties and oil/chemical resistance. PVC is widely used in construction, packaging, automotive and electrical industries due to the various properties such as light weight, good mechanical strength, abrasion resistance and toughness associated with it. PVC can be bifurcated into two basic forms: rigid and flexible. The rigid form of PVC can be used in manufacturing of pipes, doors and windows and plastic bottles. The flexible form of PVC can be used in plumbing, electrical cable insulation, imitation leather and signage.
On the basis of product type, PVC market is classified as wire and cable, pipes and fittings, bottles and others. Based on the application, PVC market is divided into two segments: rigid polyvinyl chloride and flexible polyvinyl chloride. The PVC market is also segmented on the basis of their end-users: automotive, electrical, construction, packaging and others.
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Asia Pacific is the largest market for PVC market accounting for more than 50% of the global PVC market. Asia Pacific region is expected to show a good growth rate over a forecasted period due to high growth potential of building and construction industry. China represents the largest market for PVC in the Asia Pacific region. Europe is the second largest market for PVC, followed by North America.
The market of Polyvinyl chloride (PVC) is expected to witness a double digit growth rate in the coming years. Some of the major drivers contributing the overall market growth of Polyvinyl chloride (PVC) market include high growth in the building and construction sector, high growth in the automobile industry and growing medical devices. Some of the major restraints for PVC market include increasing competition from steel and concrete pipes and prohibited use of PVC in the construction of green building.
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Some of the major companies operating in the PVC market include Occidental Petroleum Corporation, Solvay S.A., Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Ineos Chlorvinyls Ltd, Xinjiang Zhongtai Chemical Co. Ltd., Mexichem S.A.B., KEM one and Axiall Corporation.
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Growing number of health-conscious consumers across the globe today are demanding for food products offering natural sweetness with reduced calorie content. Sweeteners are added to number of food products including, beverages, bakery, desserts, confectionary, sports nutrition and others thus resulting in their increasing consumption. Next generation stevia is produced from the fermentation process rather than extraction. Several genetic innovation studies have identified Reb D and Reb M glycosides as chemical compounds present in stevia leaf that are responsible of giving the plant its sweetness. Reb M also delivers superior flavor profile in comparison to other steviol glycosides present in stevia leaf, thus contributing toward the global next generation stevia market growth. These glycosides are the sweetest component of the plant and are used in several application areas. The global next generation stevia market is expected to witness significant increase in the near future owing to its better sweetness and aftertaste.
Increasing Demand for Processed Food Products is driving the Market for Next Generation Stevia:
Carbonated drinks and other beverages have long been remained in the scrutiny due to their high sugar content. To reduce the consumption of sucrose and other artificial sweeteners, various chemically synthesized low-calorie sweeteners are trending in the food and beverages industry currently. However, consumers inclination towards the natural ingredients along with demand for healthy food products is been one of the trending concept globally which is pushing the penetration of zero calories, non-GMO sweeteners including, next generation stevia. Increasing number of manufacturers have increased their presence in the production of next generation stevia market in the recent years in order to bring high-intensity next generation stevia sweetener without compromising the taste in the marketplace thus pushing the revenue generation. For example, in 2017, Ingredion, in partnership with SweeGen Inc., launched BESTEVIA Reb M stevia leaf sweetener in the US and Canada thus, entering into the production of next generation stevia.
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Global Next Generation Stevia: Market Segmentation
On the basis of form, the global next generation stevia market has been segmented as –
Liquid
Powder
On the basis of application, the global next generation stevia market has been segmented as –
Bakery
Confectionery
Cereal Based Products
Dairy Products
Beverages
Nutraceuticals/ Pharmaceuticals
Others
Carbonated Beverages
Juices
Others
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Global Next Generation Stevia Market: Key Players
Some of the key players operating in the global next generation stevia market are Cargill, Incorporated, PureCircle, GLG Life Tech Corporation, Ingredion Incorporated, SweeGen among others. Global rising demand for natural sweeteners coupled with rising obese and diabetic population has resulted in introduction of sweeteners delivering sugar like sweetness and zero calories without any side effects thus creating market opportunity for next generation stevia based sweeteners. Such next generation stevia sweetener offers feasible pricing, sustained availability and consistent quality.
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According to a new market report published by Persistence Market Research “Global Market Study on Healthcare Cloud Computing: Hybrid Clouds to Witness Highest Growth by 2020” the global healthcare cloud computing market was valued at USD 4,216.5 million in 2014 and is expected to grow at a CAGR of 20.1% from 2014 to 2020, to reach an estimated value of USD 12,653.4 million in 2020. Healthcare cloud computing refers to a process which involves delivering hosted medical services to the clients. These services can be classified into majorly three types: infrastructure-as-a-service, platform-as-a-service, and software-as-a-service. A cloud can be public, private, hybrid or community in nature. Globally, the
healthcare cloud computing market
is witnessing significant growth due to increased government healthcare IT spending and advanced features of cloud computing services In addition, rising demand for better healthcare facilities, increasing in popularity of wireless and cloud technologies are driving the healthcare cloud computing market. However, factors such as high cost involved in the implementation of clinical information systems and lack of security and privacy of patient’s information restrain the global market for healthcare cloud computing market. In addition, interoperability issues negatively impact the growth of the healthcare cloud computing market. The global healthcare cloud computing market is estimated at USD 4,216.5 million in 2014 and expected to reach USD 12,653.4 million in 2020, growing at a CAGR of 20.1%.
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North America has the largest market for the global healthcare cloud computing market. This is due to technological advancements in the region. North American market for healthcare cloud computing is estimated at USD 1,857.5 million in 2014 and is expected to reach USD 5,757.7 million in 2020, growing at a CAGR of 20.7%. In terms of deployment model, hybrid clouds are the fastest growing segment. In terms of service model, software-as-a-service (Saas) is the largest segment of healthcare cloud computing market. One of the latest trends that have been observed in the global healthcare cloud computing market includes increasing use of mobile devices for delivering healthcare services. Microsoft Corporation and International Business Machines Corporation are some of the leading players in the global market for healthcare cloud computing market. Some of the other major players in healthcare cloud computing market are Agfa-Gevaert N.V., CareCloud Corporation, Dell Inc, ORACLE CORPORATION, GE Healthcare and Merge Healthcare Incorporated.
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The global energy sector is transitioning into intelligent, efficient network of power supply, and smart grids are actively replacing conventional power grids across the world. The demand for smart grid sensors grows in parallel with surging adoption of smart grid technology. In today’s day and age, detection and monitoring operations have helped save potential losses worth millions of dollars. Therefore, smart grid sensors are also expected to gain surplus demand in tomorrow’s energy industry. Persistence Market Research’s latest report on the global market for smart grid sensors projects that the market, which is presently valued at a little over US$ 128 Mn, will soar at a stellar CAGR of 30.3% to bring in US$ 1,447.3 Mn in revenues by the end of 2025.
Key findings in the report exhibit that the global smart grid sensors market will have a steadfast growth during the assessment period, 2017-2025. In this period, the dynamic growth of the global smart grid sensor market will be impacted by several factors, among which following have an enduring influence:
Extreme Weather Conditions: Severe climate and harsh environment is disrupting the operational efficiency of smart grids, compelling the deployment of thermal sensors that can detect temperature differences and adapt to drastic weather changes, particularly in the US.
Electricity Thefts: Rising incidence of electricity thefts in developing & underdeveloped regions is driving the adoption of smart grids. In Latin American countries, power authorities are monitoring such malpractices with help of sensors that identify faux power glitches.
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Proliferation of IoT: Internet of Things (IoT) is influencing the sales of smart grid sensors but remuneratively. Presently, utilities companies in Europe are looking to leverage IoT to improve development and operation of smart grids by connecting unique devices, which will end up creating an intelligent & self-sustained energy ecosystem.
Ineffectiveness of older power grids, increasing energy demands, and implementation of smart metering systems has also propelled the global demand for smart grid sensors. According to the report, titled “Smart Grid Sensors Market: Global Industry Trend Analysis 2012 to 2016 and Forecast 2017–2025,” rising concern regarding safety & security of smart grids, and high implementation costs of smart grid sensors is likely to impede the global market’s growth, but to a certain extent.
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Based on the region, Latin America’s smart grid sensors market is projected to exhibit a relatively high growth, registering a robust CAGR of 36.1%. The demand for voltage/temperature sensors, in particular, is projected to remain high throughout the forecast period. The report estimates that in 2016, more than 40% of global smart grid sensor revenues were accounted by sales of voltage/temperature sensors. In terms of application, smart energy metering is expected to dominate with more than 40% share, while revenues amassed from other applications such as lead management, energy storage and renewable energy will be registering a speedy growth at 38.1% CAGR. The report also profiles key participants in the global smart grid sensors market, which include ABB Ltd., Aclara Technologies LLC, General Electric Company, Honeywell International Inc., Eaton, Toshiba Corporation, Networked Energy Services Corporation, QinetiQ Group PLC, Torino Power Solutions Inc., Sentient Energy, Inc., ARTECHE, Siemens AG, Ingenu Inc., GIPRO GmbH, GRID20/20 Inc.
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Silicon photonics refers to the application of photonic systems using silicon as an optical medium. The silicon material used in such photonic systems is designed with sub micrometer precision and is deployed into the microphotonic components. The silicon photonics systems works at the wavelength of 1.55 micrometer that falls under the infrared spectrum and is most commonly used for optical communications. Silicon photonics combines technologies such as complementary metal oxide semiconductor (CMOS), micro-electro-mechanical systems (MEMS) and 3D Stacking. The basic operation of silicon photonics includes the transfer of data as optical rays between the computer chips. Silicon photonics is basically an approach for designing optical devices using silicon and use photons to transfer enormous data at high speeds. Additionally, this technology enables data transfer at low power consumption over an optical fiber. Moreover, silicon photonics satisfies the mounting need of high data transfer rate and enhances the capabilities such as computational and processing needs of data centers.
Pressing bandwidth, cloud computing performance needs for data centers, virtualization, fast-growing internet traffic and other intensive data are the key factors driving the growth of silicon photonics market. Silicon photonics are majorly used in telecom, datacom, consumer applications (connecting laptops, PCs, HDTVs), datacenters and high performance computers, commercial video, metrology and sensors, medical, military and aerospace. Data communication is one of the major market share holders and it dwarfs all other silicon photonics application. In addition, features such as low environmental footprint, low heating of components, low operating cost, high optical functions integration, high density of interconnects, low error rate and spectral efficiency are adding value to the silicon photonics products. Thus, these factors are expected to drive the market of silicon photonics in the coming years. However, the major challenges such as technical mismatches with high volume markets and availability of substitute technologies such as vertical-cavity surface-emitting laser (VCSEL) are expected to hinder the growth of silicon photonics market.
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The silicon photonics based systems deploy several components such as wavelength division multiplexer filters, optical modulators, optical interconnects, silicon photonic waveguides, silicon LED's and silicon photo-detectors. The silicon photonics systems exhibits physical properties such as optical guiding and dispersion tailoring, Kerr non-linearity, two-photon absorption, free charge carrier interaction, second order non-linearity and the Raman effect. These properties govern the propagation of light through an optical medium. Silicon photonics technology is used for providing optical interconnects, optical routing and signal processing. Moreover, with technological advancement it is expected that this technology will widely be deployed for long range communication applications over the coming years. Silicon phonics finds its applications in several industries such telecommunications, IT, sensing and metrology, healthcare, consumer electronics and displays, and research and development.
Countries with high level of technology adoption and advancement across North America and Europe are the leading markets for silicon photonics. Moreover, Asia Pacific market is expected to witness rapid technological upgrades and thus serves as an opportunity for this market in the coming years. The ongoing use of silicon for developing integrated circuits and the compatibility of silicon photonics technology with the existing fabrication techniques encourages several research institutes and large players in the electronic manufacturing industry to adopt silicon photonics technology. Leading players in silicon photonics market are Luxtera, Molex Inc., Mellanox Technologies, Northrop Grumman, Global Foundries, Altis, Texas Instruments, BAE Systems, TSMC, Avago Technologies, LightWire, Intel, Teraxion, Infinera, Color Chip, Fujitsu, Cisco, HP, IBM, NTT, Oracle, Leti, imec, ePIXfab, Scorpios Technologies, Caliopa and Aurrion among others.
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Online advertising is likewise known as internet advertising or digital advertising which makes usage of the cyberspace to communicate the promotional marketing message to the customers.
The online advertising term is broadly categorized on the basis of types of advertising which includes search engine optimization (SEO), banner marketing, search engine advertising (SEA), email marketing, online video advertising, local online advertising, social media optimization (SMO) strategies and additional types of online advertising. These online advertisings appear on the internet more often than traditional advertising media such as television and newspapers.
Search engine advertising and pay per click marketing are the fastest evolving advertising concepts for numerous assortments of businesses. Pay per clip is comparatively simple and effortless to carry out scalable, enormously cost efficient and in house. PPC is a huge component of effective and efficient online advertising for the business.
Online advertising uses numerous tools and techniques for online marketing functions which include sales CRM, e-commerce, e-mail, marketing automation, WCM, social CRM and web analytics. All these software tools collectively facilitate an organization to develop and implement effective and efficient marketing strategies.
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The global online advertising market continues to rise in tandem with the global internet user base, social networking websites, income and widespread adoption of broadband. The industry is being motivated by mobile internet activity, increasing attractiveness and fame of mobile devices which includes tablets and smart phones that are proving to be beneficial.
The main factors that are driving the online advertising market are increased focus on digital media, cost effective, smart phone penetration, advertising by content providers and rising numbers of advertisers on social networking sites. The main factor that is restraining the growth of online advertising are lack of skilled personnel and still use of tradition advertising factors such as television and newspapers. The main opportunity for the growth of online advertising in future would be the emergence of SAAS based solutions.
The online advertising market is segmented on the basis of advertising sectors which include online classifieds, search, directories, and general advertising. In addition, the market is segmented on the basis of its mode of interaction which includes web sites, commercial online services, email providers, as well as other companies selling online advertising. Further, the online advertising is segmented on the basis of end use industry which includes BFSI and automotive industry among others. Furthermore, the market could be segmented on the basis of geography which includes North America, Europe, Asia-Pacific and RoW.
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The North American region dominates the market of global online advertising industry and is remain the market leaders in future as well. Asia Pacific region is expected to be the biggest emerging market for online advertising because of the large customer base.
Some of the major companies that are dominating in the online advertising market include IBM Corp., SAP AG, Oracle Corp., Salesforce.com Inc., Aplicor LLC, Adobe Systems Inc., ComScore Networks Inc., Ebay GSI Commerce, Lithium Technologies Inc., Demandware Inc., Attensity Corp., Microsoft Corp., LongJump CRM, OpenText Corp., StrongMail Systems Inc., Percussion Software Inc., Zoho CRM Inc., Yahoo Analytics, SugarCRM Inc., Netsuite Inc. and Sitecore Inc. among others.
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The rising global population is increasing the number of vehicles plying on the roads, thus increasing the traffic-density and incidences of road accident. A sound traffic management system needs to be in place in every country, with industrialization speeding up. Increasing employment further boosts demand for such systems wherein the economically population can manage their time efficiently.
Traffic management systems offer real-time data and ability to analyze and respond immediately . Based on solutions, the traffic management market can be classified into five categories, namely extra low voltage (ELV) solutions, intersection controllers, full pedestrian solutions, LED signal retrofit solutions, and parking space and ticketing management solutions. Based on detection systems, the traffic management market can be segmented into three categories, namely above ground pedestrian and vehicles detection, loop detection and closed circuit televisions (CCTV), and automatic number plate recognition (ANPR) systems. Based on displays, the traffic management market can be segmented into three categories, namely variable or dynamic message signboards, vehicle information terminals, and others.
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The key drivers of the global traffic management market include increasing urbanization, government initiatives to modify traffic infrastructure, and growing public concern for safety. The increasing urbanization is have been escalating the traffic density levels making tough commuting for the common masses . According to the United Nations, 54% of the global population lives in urban areas. The global urban population is expected to reach 66% by 2050, with key contribution coming from India, China, and Nigeria. While developed countries have been rapidly modifying their traffic infrastructure, developing countries are incorporating changes in their traffic management systems. The traffic management market also uses cloud services to assist vehicle drivers with all necessary information. With the increasing emergence of smart cities, opportunities for the global traffic management market is increasing. Some of the ongoing smart cities projects include Amsterdam smart city, Masdar City, Planit Valley, Guangzhou Innovation City, Songdo Ibd, Yokohama Smart City Project, Smart City Wien, Smart City Kochi, and Smart City Malta.
Other projects include Smart Parking Project Montreal (Canada), Chennai-Nashri Tunnel (India), Elizabeth River Tunnels (The U.S.), Rohtang Tunnel (India), Deep Dredge Project (The U.S.), and Johnson County Gateway Interchange Project Kansas (The U.S.).
Restraints associated with the traffic management market include heavy capital investment, infrastructural legacy systems, and traffic hindrance due to transformation downtime. Due to lack of funds, governments in underdeveloped and developing countries refrain from investing in new technologies for traffic systems. Many of the urban areas in these countries do not have traffic lights. However, some of these countries have started including basic forms of traffic management systems such as CCTV cameras .
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North America dominated the global traffic management market in 2013, followed by Europe. The traffic management market is competitive due to the presence of a large number of players. The key players in the global traffic management market include Accenture, Affiliated Computer Services, Inc., Alstom SA, Cisco Systems, Inc., Cubic, ESRI, GE Transportation, IBM, Indra, Ineo, Kapsch, LG CNS, Schneider Electric, Siemens, and Thales.
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With nearly 40% revenue share, Europe will continue to remain the most attractive market for men’s grooming products. Germany, France, and the UK remain the top three markets, collectively accounting for over half of the revenue share of the Europe men's grooming products market. North America, the second largest market globally, will rake in US$ 29 Bn in revenues by 2024. In terms of market value, the US$ 54 billion global market for men’s grooming products will expand at a CAGR of 8.4% through 2024.
Key Regional Findings
In North America, shave care products and fragrances will be the top-selling men’s grooming products
The market in Asia Pacific will continue to post steady gains on account of rapidly growing sales in China
Persistence Market Research’s study on the global men’s grooming products market has been compiled in the report titled “Global Men’s Grooming Products Sales Estimated to Reach US$ 104,199.2 Million by 2024 End; Europe’s Revenue Share to Remain Dominant.” Personalized shopping through e-commerce outlets has been identified as a key driving factor men’s grooming products globally. Increasing FDI in e-tailing businesses is further urging manufacturers of men’s grooming products to intensify their distribution operations through online retail channels. Easy accessibility and low costs are key factors for the rising men’s grooming products sales through e-commerce and online retail websites. Over the forecast period, online distribution channels will give rise to an absolute increment of more than US$ 12 billion. Nevertheless, sales of men’s grooming products through supermarkets and independent retail outlets remain key for companies looking to improve their sales potential by catering to impulsive buying and focusing on customer rapport.
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Product Insights: Beard is in Vogue
Globally, the sales of men’s shave care products such as trimmers will be way higher than any other types of grooming products. Being the highest-selling products in the global market, consumption of men’s shave care products will be valued at over US$ 40 billion by the end of 2024. Subsequently, men’s grooming products sales under fragrances will account for nearly 35% of the global market over the projected period. Hair care products sales will register a market value share of about 10%, while the demand for men’s toiletries will be pared down as compared to the above types of grooming products.
Pricing Trends and Vendor Landscape
Higher disposable incomes don’t necessarily instrument higher sales of men’s grooming products in the premium price range. Half of the global men’s grooming products revenues are concentrated in the mid-price range, with over 7,000 million expected to be sold globally over the forecast period.
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Procter & Gamble Co. will retain its competitive position as the global leader in shave care products. Independently, the company will also be dominant in the overall global men’s grooming products market by accounting for more than 10% market share. However, local manufacturers of men’s grooming products will collectively dominate the global market by accounting for nearly one-third of its market value. Accordingly, acquisition of such native players will be a strategic measure of expanding market presence for global leaders in consumer goods. Johnson & Johnson Private Limited, Koninklijke Philips N.V., ITC Limited, Coty Inc., Unilever PLC., Colgate-Palmolive Company, and Edgewell Personal Care Co., among others, are some leading manufacturers of men’s grooming products that intend to expand their businesses through acquisitions. Furthermore, L'Oréal S.A. and Beiersdorf AG are also some of the recognized players participating in the growth of the global men’s grooming products market.
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Stevia has been used for centuries, traditionally, however, it became the recognized as a substitute for sugar in recent years. Stevia contains no calories or very small amount of calories, though it is enough sweet, which in turn makes it suitable as an ingredient in food and beverage production. Thereby, making it a feasible substitute for sugar. Stevia is gaining popularity in recent years as ingredient for food items. Japan started cultivation of stevia for commercial usage, in 1970s, Morita Kagaku Kogyo Co., Ltd. was the 1st market player that sold and marketed stevia commercially. The global stevia market reached nearly US$ 350 Mn in 2014. Additionally, the market is estimated to surpass US$ 565Mn by the end of 2020, exhibiting single-digit growth rate. In terms of volume, the sales of stevia, as an ingredient is anticipated to reach more than 8,500 tonnes by the end of 2020 increased from 5,100 tonnes in the year 2014.
The stevia rebaudiana bertoni leaves are being used for the industries to sugarcoat beverages over centuries. This plant is largest source of sweet ent-kaurene diterpenoid glycosides. However the key constituents are stevioside and rebaudioside.
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Factors Influencing Stevia Market
Increasing awareness of health benefits of low-calorie consumable products has led to increased demand for global stevia market, in recent years. In addition, encouraging initiative by government and rising consumer awareness is auguring healthy future of the global stevia market. Stevia has been a favorable ingredient for consumer as it has earned the tag of being effectively healthy product. The launch of some products that are based on the stevia is pushing forward the growth of the market and has been well appreciated by customers. Various health organizations advices use of minimum calories-based products in the daily diet, which will further fuel the growth of stevia market. Further, increasing demand for the natural ingredient products and antioxidants are other major factors that are driving the demand for stevia integrated products.
By Application Type
Based on application type, the stevia is segmented into beverages, packaged food products, table top sweeteners, bakery products, and food products. Among these, the beverages segment includes, soft drinks, energy drinks and hot drinks is anticipated to expand at higher growth rate throughout the assessment period. Similarly, the table top segment is also estimated to expand at high single-digit CAGR through end of forecast period. The segment is projected to procure healthy market share through end of forecast period.
Region-based Segmentation
On the basis of region, the report reveals that the North America and Asia Pacific excluding Japan (APEJ) are anticipated to continue to retain their dominance in the market over the forecast period. Moreover, while the APEJ exhibits significant market growth, the stevia market in North America is projected to record a high CAGR of single-digit throughout the assessment period. In terms of production capacity and export capacity of stevia, China will secure unique lead among rest of the economies in the world. Large availability of skilled labors and minimum manufacturing cost are the key factors that are fueling the growth of the stevia market in APEJ. Moreover, Latin America is projected to exhibit sound growth through forecast period-end.
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Persistence Market Research Released New Market Report on “Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019,” the
global Electronic Access Control systems market
was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.Increasing crime and terror attacks demand high-end security. Need for better security systems to tackle fraudulence, illegal immigration, and criminal activity has propelled governments to invest in better security systems. Among which Electronic Access Control system stands apart from other security system. Rising terrorist attacks, vandalism, and violence in public places such as city centers, educational institutions have made security as one of the major concerns for every individual, organizations and government agencies. Advantages such as high accuracy, convenience, and time efficiency of Electronic Access Control (EAC) systems increase its attractiveness in the global security market. Rising terrorist attacks, vandalism, and violence in public places such as city centers and educational institutions are some of the factors leading to increasing demand for Electronic Access Control systems market. According to Study of Terrorism and Responses to Terrorism (START), one of the world’s top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high end security.Increasing international trade and privatization have influenced the government and private sector to invest in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes are expected to increase in the coming future increasing the demand for EAC system market in order to attain better security levels. Local and national government have instructed the private sector to invest in security systems for the prevention of population and property from illegal acts. Mobile device with advanced sensor technologies is currently generating a shift toward biometrics system. EAC system is bifurcated into three major technologies, authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system) and end-user segment (government, commercial, industrial and residential).
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The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market is expected to record the highest CAGR growth of 16.7% to reach USD 9.6 billion in 2019. Usage of EAC system in commercial sector (largest end-user in 2013) increased by 13.9% CAGR during 2009-2013 to reach USD 4.6 billion in 2013.The EAC system market is fragmented with several players operating at a global or regional level, supplying EAC system products (authentication system, intruder alarm system and perimeter security system). Some of the companies operating globally and providing products under all three categories are United Technologies Corporation, Tyco International Ltd., Godrej Industries Limited, and Cisco Systems, Inc. There are companies which operate globally and provide products under two categories such as Safran SA (authentication and intruder alarm system), 3M Cogent, Inc. (authentication and perimeter security system), Panasonic Corporation (intruder alarm and perimeter security), and Honeywell International Inc. (authentication and intruder alarm). Some companies operate on the global level and provide only one EAC system product such as Siemens AG (authentication system), Hitachi Ltd. (intruder alarm), and Magal SecuritySystems Ltd. (perimeter security system).
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