Birendra Kumar 😎

Digital Marketing Manager

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Global Smart Lighting Market is Expected to Reach USD 31.0 Billion by 2025

The global smart lighting market is expected to reach USD 31.0 billion by 2025, growing at a CAGR of 18.1% during the forecast period. The key strategy adopted by the companies operating in the smart lighting ecosystem is a new product launch and existing portfolio enhancement. Globally, industry players in the smart lighting industry are leveraging market growth through the establishment of growth strategies related to organic and inorganic growth mechanisms along with the incorporation of several strategic partnerships by the key players occurring in this industry.   

n the basis of Communication, the smart lighting market is segmented into the indoor Communication and outdoor Communication. Among these two segments, indoor Communication held a larger share in 2019 in the global market. The indoor Communication is further sub-segmented into commercial, residential, and others. Among these subcategories, residential Communications are excessively being installed in accordance with an entire house or even for a specific room. Moreover, the market for residential indoor Communications is expected to witness the fastest growth during the forecast period in the market due to the establishment of a wireless technique. 

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Geographically, Asia-Pacific is expected to witness the fastest growth during the forecast period in the smart lighting market owing to the massive growth perspective provided to the manufacturers by this region and these lighting systems are extensively being adopted by the consumers in developing their household and making it digitalized. Increasing activities pertaining to construction in Asia-Pacific is extensively contributing to the growth of the market in the region. Competitive Insight

Some of the key players operating in the global smart lighting market include Cree Inc., Hubbell Lighting Inc., Koninklijke Philips N.V., Osram Licht AG, Schneider Electric SA, Zumbotel Group AG, Acuity Brands Inc, Digital Lumens Inc., Honeywell International Inc., and Legrand SA.

Key Takeaway from the Report:

Among all the sources, the LED segment held the largest share in the market in 2019.

Of all the communication, wireless technology is expected to witness the fastest growth during the forecast period.

Among all the Communication, indoor Communication held a larger share in 2019 in the global market.

The Report Offers:

Historical market estimate for the years 2015–2019 and forecast for the years 2020–2025

Insight on current market trends, market dynamics, key opportunities and major challenges in the industry

Market insights by in-depth segmentation with industry dynamics.

Competitive analysis and benchmarking of the industry leaders and their product offerings

Profiles of leading players and innovators, their financial overview and product portfolio

Analysis of key industry trends and recent developments

Value chain analysis and distribution channel analysis with opportunity assessment

Market share analysis of major players

Contact Us: VynZ Research Call: [phone] Toll-Free (U.S. and Canada): [phone] Email: [email protected] Web: https://www.vynzresearch.com 

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Global Industrial Refrigeration Market to Witness 6.6% CAGR During 2018 – 2024

The global industrial refrigeration market is estimated to generate revenue of USD 41.5 billion by 2024 and is expected to witness 6.6% CAGR during the forecast period. The industrial refrigeration system utilizes cooling and refrigeration systems that enable cooling and eradicate heat from a platform of low temperature. These systems are installed at refrigeration plants for several industrial applications such as cold storage, food & beverage processing, and others.

Based on type, the industrial refrigeration market is segmented into industrial racks, evaporator units, industrial heat exchangers, industrial compressors, and others. Industrial racks are further sub-segmented into open reciprocating and open screw whereas industrial heat exchangers are segmented into brazed plate, shell & tube/ coaxial, and others. Also, the industrial compressors are subcategorized into open reciprocating, screw open, and others.

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On the basis of application, the global industrial refrigeration market is segmented into oil & gas, food & beverage, chemicals & pharmaceuticals, and others. Among all these segments food & beverage segment is expected to contribute the largest revenue and is also expected to witness a CAGR of 5.8% during the forecast period. In the food & beverage industry, the refrigeration systems are required for the processing, delivering, and storing of products at the desired cooling place.

Geographically, Asia-Pacific is the largest industrial refrigeration market and is also anticipated to grow at the fastest CAGR of 7.9% during the forecast period owing to rapid growth opportunities observed from developing cold-chain storage infrastructure. North America is the second-largest market and is expected to witness considerable growth during the forecast period. Among all the countries in the region, the U.S. is the largest consumer in the industrial refrigeration market due to extensive demand from the food & beverage processing sector and refrigerated warehouses.

Some of the major players in the global industrial refrigeration market include Johnson Controls, GEA Group, Industrial Frigo, Emerson Electric, Bitzer, Danfoss, United Technologies Corporation, Star Refrigeration, Hussmann Corporation, and Dover Corporation. Contact Us: VynZ Research Call: [phone] Toll-Free (U.S. and Canada): [phone] Email: [email protected] Web: https://www.vynzresearch.com 

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Global Grow Light Market to Witness 11.7% CAGR During 2018–2024

The global grow light market is expected to be valued at USD 6.3 billion by 2024, witnessing a CAGR of 11.7% during the forecast period. Light performs a crucial role in the development of the plant as it serves as the most significant energy resource for the plants to grow. Furthermore, it has been observed that there are several plants that flourish and grow without the use of sunlight and some blossom with the use of artificial grow lights. The commonly used grow lights are fluorescent bulbs, metal halide (MH) bulbs, and high-pressure sodium (HPS) bulbs.

Read Full Research Report Description at https://www.vynzresearch.com/semiconductor-electronics/grow-light-market

The major factors that are driving the growth of the global grow light market include the broad application of indoor cultivation and vertical farming for the production of crops at a rapid rate. The extensive responsiveness concerning the adoption of alternative farming in several developed as well as developing countries is further expected to bolster the growth of the grow light market.

The global grow light market is segmented into indoor farming, turf and landscaping, vertical farming, research, commercial greenhouse, and others. Among all these application segments vertical farming is anticipated to witness the fastest CAGR of 11.9% during the forecast period. Vertical farming enables the growth of a large number of plants within a single bounded structure such as in the form of building-based and shipping containers with the use of controlled environment agriculture and artificial lighting methodology. These structures are rapidly being used by the commercial crop growers to produce vegetables and fruits in all seasons in urban formations.

Geographically, Europe is the largest grow light market due to increasing awareness related to the significance of alternative farming, ever-expanding populations and less accessibility of productive agricultural land is expected to fuel the growth of grow light market in this region. Moreover, Asia-Pacific is expected to further witness the significant growth of this market due to the increasing adoption of improved technology of crop.

Some of the key players in the global grow light market include Koninklijke Philips N.V., General Electric Company, Osram Licht AG, Gavita Holland B.V., Illumitex, Inc., Hortilux Schreder B.V., Iwasaki Electric Co., Ltd., LumiGrow, Inc., Heliospectra AB, and Sunlight Supply, Inc.

Global Grow Light Market Coverage

Technology Insight and Forecast 2014 - 2024

LED

HIDMetal-halide lamps

High-intensity sodium lamps

Combination MH and HPS lamps

Ceramic metal halide lamps

Others (conversion bulbs and switchable ballasts)

Fluorescent

CFL

White

Neutral

T5

Others

Spectrum Insight and Forecast 2014 - 2024

Partial Spectrum

Full Spectrum

Installation Insight and Forecast 2014 - 2024

Retrofit

New Installation

Application Insight and Forecast 2014 - 2024

Indoor Farming

Vertical Farming

Commercial Greenhouse

Research

Turf and Landscaping

Others

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Global Vertical Farming Market to Witness 21.4% CAGR During 2018 – 2024

The global vertical farming market is predicted to grow at 21.4% CAGR during the forecast period with the market size reaching USD 8.8 billion by 2024. The major factor fueling the growth of the market include increasing awareness regarding the consumption of high-quality food products, increasing demand for food-based on no herbicide and pesticide, limited agricultural land space. Besides. adoption of independent farming techniques with a focus on vegetables and fruits also supports the growth of the vertical farming market, globally.

Some of the other factors fueling the growth of the market include increasing urbanization and the development of smart cities. The increasing population especially in the developing economies has significantly increased the burden on the agriculture sector. This has increased the demand for food security in these countries, thus supporting the demand for agriculture through the vertical farm.

Based on offering, the vertical farming market is categorized into hardware and software. Of both the categories, the demand for hardware is larger in the market and is also anticipated to grow at a higher CAGR during the forecast period. hold the largest share in the market. The hardware segment is further categorized into climate control, lighting, sensors, and hydroponic components. The climate control vertical farming market is further categorized into air purification, ventilation fans, and others; and vertical farming lighting market is categorized into grow light reflectors, grow light ballasts, grow lights. 

Read Full Research Report Description at: https://www.vynzresearch.com/semiconductor-electronics/vertical-farming-market

Based on crop type, the vertical farming market is categorized into broccoli, pepper, tomato, spinach, cucumber, lettuce, and others. Lettuce is the most grown crop in vertical farm and the demand for vertical farm products is anticipated to be the highest for this crop type during the forecast period.

North America accounted for the major share in the vertical farming industry in 2017, globally due to technological advancements, increasing research and development, and increasing demand for no or low herbicide and pesticide-based crops. Moreover, Asia-Pacific vertical farming market is anticipated to grow at the fastest rate during the forecast period. The large population base, increasing the development of smart cities, increasing urbanization are the key factors leading to the adoption of vertical farming in the different countries of these countries.

Market players in the vertical farming industry are focusing on the advancements for the providing controlled environment in the buildings to support conditions as close to nature. AeroFarms, Urban Crop Solutions, Sky Greens, agrilution GmbH, Vertical Farm Systems, Green Sense Farms, LLC, Everlight Electronics Co., Ltd., Illumitex, Inc., Koninklijke Philips N.V., and American Hydroponics are some of the key players offering solutions in the vertical farming industry.

Global Vertical Farming Market Coverage

Offering Insight and Forecast 2014-2024

HardwareClimate ControlAir PurificationVentilation FansOthers

LightingGrow Light ReflectorsGrow Light BallastsGrow Lights

SensorsPH SensorsNutrient SensorsCrop SensorsCO2 SensorsTemperature SensorsOthers

Hydroponic ComponentMeters and SolutionsPumps and IrrigationWater FiltersOthers

Growth Mechanism Insight and Forecast 2014-2024

Aeroponics

Hydroponics

Aquaponics

Structure Insight and Forecast 2014-2024

Building-Based

Shipping Container

Aquaponics

Crop Type Insight and Forecast 2014-2024

Broccoli

Pepper

Tomato

Spinach

Cucumber

Lettuce

Others

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Global Product Analytics Market is Observing a CAGR of 18.7% during 2019–2024

The global product analytics market is expected to grow at a CAGR of 18.7% during the forecast period with its market size predicted to reach USD 39.6 billion by 2024. Globally, product analytics industry players are leveraging market growth by offering innovative and advanced solutions, product launches, partnerships, mergers & acquisitions, and geographic expansion. For example, Amazon Go is changing the traditional shopping experience by using analytics to grow sales and consumer involvement.

Large enterprises category held a larger share in the product analytics market in 2018

On the basis of enterprise size, the global product analytics market is divided into large enterprises and small and medium enterprises. Among the two categories, the large enterprise's category held a larger share in the market in 2018. This is attributed to the fact that the rapid demand for advanced analytics tools from big firms to stay competitive and expand their market presence.

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On the basis of vertical, the global product analytics market is divided into BFSI, media & entertainment, manufacturing, automotive, healthcare, energy & utilities, government, retail, and others. Of all, the BFSI category held the largest share in the market in 2018, owing to the significant shift from traditional banking to digital banking, enhanced consumer service experience, huge demand for personalized banking services, and growing preference of consumers toward digital platforms.

Geography Insight

Geographically, North America has accounted for the largest share in the product analytics market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed towards the existence of a large number of IT companies, increasing mobile application usage, rapid adoption of technological trends, such as BI, AI, ML, cloud technology, and analytics solutions.

Competitive Insight

Some of the key players operating in the global product analytics market are Google LLC, Teradata, Adobe Systems Incorporated, Salesforce.com Inc., SAP SE, IBM Corporation, Atlassian, Amplitude, Piwik PRO, Oracle Corporation, Mixpanel, and Playtex.

Key Takeaway from the Report:

Among all the offerings, the software category held a larger share in the market in 2018. However, the service category is expected to witness faster growth during the forecast period.

Among all the solutions, the web-based solutions category held a larger share in the market in 2018.

Of all the deployment type, cloud-based contributes the largest revenue globally.

The large enterprise's category held a larger share in the product analytics market in 2018.

Of all vertical, the BFSI category held the largest share in the market in 2018.

The Report Offers:

Historical market estimate for the years 2014–2018 and forecast for the years 2019–2024

Insight on current market trends, market dynamics, key opportunities and major challenges in the industry

Market insights by in-depth segmentation with industry dynamics.

Competitive analysis and benchmarking of the industry leaders and their product offerings

Profiles of leading players and innovators, their financial overview and product portfolio

Analysis of key industry trends and recent developments

Value chain analysis and distribution channel analysis with opportunity assessment

Market share analysis of major players

Contact Us: VynZ Research Call: [phone] Toll-Free (U.S. and Canada): [phone] Email: [email protected] 

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Global Video Streaming Market is Observing a CAGR of 18.8% during 2019–2024

The global video streaming market is expected to grow at a CAGR of 18.8% during the forecast period with its market size predicted to reach USD 687.2 billion by 2024. Globally, video streaming industry players are leveraging market growth through the development of innovative solutions in this system. The vendors of this system are providing various solutions to the users such as consumer interactive video platforms, augmented video applications, scalable video streaming and hosting, and using videos to improve workplace productivity.

Consumer segment held a larger share in the video streaming market in 2018

Based on end-user, the global video streaming market is divided into consumers and enterprises. Among the two categories, the consumer category held a larger share in the market in 2018. This is attributed to the fact that increasing penetration of smartphones. According to a recent study, the global mobile phone subscriptions exceeded 2 billion in 2013 and it is expected to reach a subscription of 8 billion by 2019. With an increase in demand for mobile devices, there has been an increasing number of cases witnessing mobile data traffic. According to a report published by Cellular Telecommunications Industry Association (CTIA) - The Wireless Association, the U.S. consumers that use wireless devices are using a large amount of data with almost 75 percent faster data speed.

Read Full Research Report Description at https://www.vynzresearch.com/ict-media/video-streaming-market

 Geography Insight

Asia-Pacific is expected to witness the fastest growth in this market. Large social media companies like Twitter Inc. are capitalizing on the increasing popularity of this system. Twitter has signed deals with the National Football League and National Basketball Association to attain a large audience for their services. Facebook has also observed increasing revenue in this region, especially from the Indian market as it has observed increasing popularity of this system feature among the citizens of this country. The company has developed deals with several celebrities and media and entertainment companies in the region to produce videos for Facebook Live. Moreover, this will further help in strengthening the Asia-Pacific market shortly.

Geographically, North America has accounted for the largest share in the video streaming market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed to increasing adoption for streaming services by households in the U.S. that have significantly contributed towards revenue growth of service providers such as Netflix. The adoption of mobile devices by citizens of the U.S. is thus enhancing the continuous display of information, entertainment, and media. For instance, it has been estimated that approximately 80% of the adults in this region view news on mobile devices that provides the latest news feed continuously.

Competitive Insight

Some of the key players operating in the global video streaming market are Akamai Technologies, Adobe Systems Incorporated, Amazon Web Services, Netflix, Inc., Ustream, Cisco Systems, Inc., Apple, Inc., Google Inc., Microsoft Corporation, and Hulu.

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Global Conversational AI Market is Observing a CAGR of 29.2% during 2019–2024

The global conversational AI market is expected to grow at a CAGR of 29.2% during the forecast period with its market size predicted to reach USD 16.2 billion by 2024. Globally, conversational AI industry players are leveraging market growth through product launches, partnerships, mergers & acquisitions, and geographic expansion. For example, in November 2018, Microsoft Corporation signed an agreement to acquire Xoxco Inc.

Machine learning category is expected to witness the fastest growth in the conversational AI market during the forecast period

On the basis of technology, the conversational AI market is segmented into natural language processing, machine learning, automatic speech recognition, computer vision, video recognition, and others. Of all, the machine learning category is expected to witness the fastest growth in the conversational AI market during the forecast period. The growth of this segment is attributed to the fact that with the help of machine learning, conversational AI solutions are able to learn from previous responses based on different queries, which in turn is growing the capability of the machine in answering questions.

Read Full Research Report Description at https://www.vynzresearch.com/ict-media/conversational-ai-market

Based on application, the conversational AI market is categorized into customer support, personal assistant, branding & advertisement, customer engagement and retention, onboarding & employee engagement. Of all, the personal assistant category is expected to witness the fastest growth in the conversational AI market during the forecast period.

Geography Insight

Geographically, North America has accounted for the largest share in the conversational AI market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed towards the existence of a large number of established players such as Google LLC, International Business Machines Corporation, Oracle Corporation, and Microsoft Corporation, an increasing number of investments related to the integration of machine learning and NLP, rapid technological advancements, and continuous focus of government on spending in AI-based technologies in the region.

Competitive Insight

Some of the key players operating in the global conversational AI market are Nuance Communications Inc., Haptik Inc., Oracle Corporation, Google LLC, Microsoft Corporation, International Business Machines Corporation, SAP SE, Baidu Inc., Conversica Inc., Amazon.com Inc., Solvvy Inc., Creative Virtual Ltd., Avaamo Inc., Inbenta Technologies Inc., Artificial Solutions International AB, and Kore.ai Inc.

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Global Call Center AI Market is Observing a CAGR of 23.0% during 2019–2024

The global call center AI market is expected to grow at a CAGR of 23.0% during the forecast period with its market size predicted to reach USD 2,896.5 million by 2024. Globally, call center AI industry players are leveraging market growth through product launches, partnerships, mergers & acquisitions, and geographic expansion. For example, in April 2019, Regions Financial Corporation partnered with International Business Machines Corporation to deploy AI solutions in its contact centers to enhance customer service experience and help bankers in their daily routine operations.

Automatic speech recognition (ASR) category held the largest share in the call center AI market in 2018

Based on technology, the call center AI market is segmented into natural language processing, machine learning, automatic speech recognition, computer vision, video recognition, and others. Of all, the automatic speech recognition (ASR) category held the largest share in the call center AI market in 2018. The growth of this segment is attributed to the fact that automatic speech recognition helps in creating a more accurate customer database, which in turn, helps the companies in forecasting customer behavior and achieving high customer satisfaction.

Read Full Research Report Description at https://www.vynzresearch.com/ict-media/call-center-ai-market 

 Geography Insight

Geographically, North America has accounted for the largest share in the call center AI market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed to the existence of a large number of established players in the U.S., an increasing number of investments related to the adoption of AI, and an increasing preference for automated work operations in call centers in the region.

Competitive Insight

Some of the key players operating in the global call center AI market are Amazon Web Services Inc., Microsoft Corporation, Google LLC, International Business Machines Corporation, Oracle Corporation, Cogito Corporation, SmartAction LLC, Five9 Inc., Avaya Inc., NICE inContact, Talkdesk Inc., Zendesk Inc., Nuance Communications Inc., Haptik Inc., and SAP SE.

Key Takeaway from the Report:

Among all the components, the solutions category held a larger share in the market in 2018. However, the service category is expected to witness faster growth during the forecast period.

Of all the vertical, the BFSI category is expected to witness faster growth during the forecast period.

Of all the deployment, the cloud-based category held the larger share in the call center AI market in 2018.

Among all the technologies, the automatic speech recognition (ASR) category held the largest share in the call center AI market in 2018.

The Report Offers:

Historical market estimate for the years 2014–2018 and forecast for the years 2019–2024

Insight on current market trends, market dynamics, key opportunities and major challenges in the industry

Market insights by in-depth segmentation with industry dynamics.

Competitive analysis and benchmarking of the industry leaders and their product offerings

Profiles of leading players and innovators, their financial overview and product portfolio

Analysis of key industry trends and recent developments

Value chain analysis and distribution channel analysis with opportunity assessment

Market share analysis of major players Contact Us: VynZ Research Call: [phone] Toll-Free (U.S. and Canada): [phone] Email: [email protected] 

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Global Cold Chain Market to Witness 9.4% CAGR During (2018-2024)

The global cold chain market is predicted to grow at 9.4% CAGR during the forecast period with the market size reaching USD 325.9 billion by 2024. The increasing demand for processed food and the increasing need for its preservation, increasing demand for the temperature control system to avoid health hazards, increasing penetration of e-commerce in the food and beverage industry are the key factors leading to the growth in the cold chain market, globally. 

Consumer inclination towards convenience foods with the least amount of chemical preservatives uses further supports the demand for refrigeration in the supply chain for storage and transport purposes. Refrigeration is vital in ensuring the consumption of safe food with regard to microbial, nutritional, and organic quality. With the changing lifestyle and urbanization, people tend to visit retailers or grocery outlet once a week, therefore, fruits & vegetables, meat, and dairy products must have a self-life of a minimum one week. This supports the growth of the cold chain market, globally.

Browse Market Insight and In-depth TOC on "Global Cold Chain Market – Analysis and Forecast (2018-2024)"

Based on type, the cold chain market is categorized into refrigerated transport and refrigerated storage. Of both the categories, refrigerated storage holds a larger share in the market, due to the huge demand for processed food, globally. Also, the demand for refrigerated transport is increasing at the faster CAGR during the forecast period, due to the increasing demand for processed or convenience food in the retail sector and increasing adoption of an online distribution channel.

Asia-Pacific accounted for the major share in the cold chain industry in 2017, globally due to the increasing foreign direct investment (FDI) inflow in the emerging economies such as India, Vietnam, and Indonesia. The large population base, increasing urbanization, increasing demand for processed food are other key factors leading to the largest share of the region. North America is the second-largest cold chain market as the U.S. is home to most of the major players worldwide, which is due to the fact that the U.S. population is more inclined towards the adoption of convenience food.

Market players in the cold chain industry are investing capital to develop and adopt technologically advanced systems with lower greenhouse emission and energy-efficient refrigeration systems. Americold Logistics, Interstate Cold, Preferred Freezer Services, VersaCold Logistics, Agro Merchants Group, Nichirei Corporation, Lineage Logistics Holdings, LLC, Burris Logistics, Swire Cold Storage and Kloosterboer Group B.V. are some of the key players offering solutions in cold chain industry.

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Europe Vertical Farming Market to Witness 21.6% CAGR During 2018–2024

The vertical farming market in Europe was pegged at USD 588.2 million in 2017 and is expected to reach USD 2,298.3 million by 2024. The vertical farming market is poised to grow at a CAGR of 21.6% during the forecast period (2018–2024).

The primary factors aiding the growth of the vertical farming market in the recent years have been the increasing demand for environment-friendly production of fresh fruits and vegetables with no use of pesticides is driving the demand for the vertical farming market in Europe. The demand for organic foods is increasing as it provides more nutrients such as antioxidants than those of conventionally grown counterparts. The consumption of organic food is helping people to lessen their symptoms if they are suffering from allergies to foods or chemicals.

Browse Market Insight and In-Depth TOC on "Europe Vertical Farming Market – Analysis and Forecast (2018-2024)"

Moreover, the increasing urban population and reliable production of crops irrespective of climatic change are also fuelling the growth of the vertical farming market. However, high initial costs and restrictions in the variety of crops grown are hampering the growth of this market in Europe.

Vertical farming helps in producing the perfect arrangement of lettuce varieties and growing formulas that help in enhancing the quality and yields of crops. With the implementation of precise growth, formulas will help the manufacturers to achieve an increased yield on their investments. The technique is excessively used in Europe to grow lettuce varieties in order to the efficiency of crop production on a farm. This technique is also helping the manufacturers to effectively lessen radiations and transport associated costs. This technique causes less ecological influence and enables the manufacturer to utilize reduced water and energy than the customary farms. The manufacturers can efficiently utilize their resources and produce significantly more food with minimum consumption of land.

Netherlands is expected to contribute the largest revenue of USD 607.0 million by 2024 in the vertical farming market in this region. In terms of hardware type, lighting is generating the largest revenue for the vertical farming market in this region. Lighting is expected to grow at a CAGR of 22.4% during 2018–2024. On the contrary, lettuce accounted for the largest share in the European vertical farming market.

AeroFarms, Gotham Greens, Bright Farms Inc., Vertical Harvest, Home Town Farms, Infinite Harvest Inc., Lufa Farms Inc., Beijing IEDA Protected Horticulture Co., Ltd., Farmed Here LLC, Garden Fresh Farms CSA, Metropolitan Farms, Green Sense Farms, and Green Spirit Farms are some of the major players operating in the vertical farming market in Europe.

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Global E-cigarette market is Set to Reach USD 53.4 billion by 2024

The global e-cigarette market is expected to grow at a CAGR of 21.4% during the forecast period with its market size predicted to reach USD 53.4 billion by 2024. Increasing cancer cases related to smoking cigarettes, technological advancements in e-cigarettes, increasing disposable income, increasing awareness programs regarding the harmful effects of cigarettes are the major factors leading to the high demand for e-cigarettes in the global market.

Introduction of new flavors and fragrance to increase the traction for vaping devices

The growing popularity of vaping devices has led to the introduction of new flavors and fragrance. Flavors like menthol, mint, chocolate, cola, and different fruits are attracting more and more customers to adopt them. This trend is expected to continue and contribute to the e-cigarette market. Many companies in the industry are taking advantage of the ambiance in the market and getting merged with the tobacco cigarette giants. These companies are working together and making it more economical and efficient. This is further expected to expand the growth of the e-cigarette market across the globe. Browse Market Insight and In-depth TOC on "Global E-Cigarette Market – Analysis and Forecast (2019-2024)"

Cig-a-like accounted for almost half of the revenue generated by the market players in 2018. The comparatively lower cost of these e-cigarettes makes them a popular choice among consumers. The cig-a-like e-cigarette market is further segmented into disposable and rechargeable cig-a-like. Among the two types, the market size for disposable cig-a-like is larger across the globe. The vaporizer market is categorized into an open tank and a closed system vaporizer. North America accounts for the largest demand of e-cigarettes across the globe North America dominates the e-cigarette market due to earlier advancements in the technology of this segment, and high disposable income of citizens of countries such as the U.S. and Canada. Also, the awareness regarding the health hazards of cigarettes is making smokers quit cigarettes and adopt less harmful e-cigarettes. Moreover, the Asia-Pacific is anticipated to witness the fastest growth during the forecast period due to the huge population of the young generation and their inclination towards the e-cigarettes. The prominent players operating in the e-cigarette market are Turning Point Brands, Inc. (International Vapor Group), British American Tobacco plc, VMR Products LLC, Altria Group Inc., Japan Tobacco Inc., Philip Morris International Inc., Imperial Brands plc, NJOY Inc., Vapor Hub International Inc., and FIN Branding Group LLC.

[birendrabonde-blog]

U.S. E-cigarette market is Set to Reach USD 16.5 billion by 2024

The U.S. e-cigarette market is expected to grow at a CAGR of 18.3% during the forecast period with its market size predicted to reach USD 16.5 billion by 2024. Increasing awareness among consumers regarding the harmful effects of smoking, easy availability of e-cigarettes through supermarkets and vape shops, established e-commerce industries, technological advancements for product innovation, and high prevalence of smoking-related diseases are the major factors leading to the high demand of e-cigarettes in the U.S. market.

The high prevalence of smoking and related diseases to increase the demand for e-cigarettes in the U.S.

The high prevalence of smoking-related diseases in the U.S. leads to initiatives to curb smoking use. As manufacturers have been promoting e-cigarettes as a better alternative to smoking, the initiatives would create traction for the e-cigarettes. According to the Centers for Diseases Control and Prevention (CDC), cigarette smoking is the leading cause of preventable disease and death in the U.S., accounting for more than 480,000 deaths every year, or about 1 in 5 deaths. In 2017, around 34.3 million adults in the U.S. were smokers. These figures illustrate the increasing need for initiatives and alternatives for smoking. E-cigarette manufacturers have long promoted the e-cigarettes as smoking cessation, which is anticipated to drive the market in the coming years.

Cig-a-like hold the largest share in the U.S. e-cigarette market

Based on product the market is categorized into cig-a-like, vaporizer, and vape mode. Of all the products, Cig-a-like accounted for almost half of the revenue generated by the market players in 2018. The comparatively lower cost of these e-cigarettes makes them a popular choice among consumers. The highest growth in the demand for the vape mod has been observed over the last five years which is anticipated to remain the highest among all e-cigarette products during the forecast period. the cig-a-like e-cigarette market is further segmented into disposable and rechargeable cig-a-like. Among the two types, the market size for disposable cig-a-like is larger across the globe. The vaporizer market is categorized into an open tank and a closed system vaporizer.

Browse Market Insight and In-depth TOC on "U.S. E-Cigarette Market – Analysis and Forecast (2019-2024)"

Based on the distribution channel, the e-cigarette market is subdivided into supermarkets, online, vape shops, and tobacconists. In 2018, the majority of e-cigarettes were distributed through vape shops, and the trend is anticipated to remain the same during the forecast period.

Key players may face challenges after FDA reviews the e-cigarettes

Owing to the reported harmful effects of e-cigarettes in some states of the U.S., industry players may face stringent regulations against the promotion and distribution of the e-cigarettes in the country. This will lead to more investment by industry players for developing harmless e-cigarettes and produce better quality products.

Some of the key players operating in the U.S. e-cigarette market are Turning Point Brands, Inc. (International Vapor Group), British American Tobacco plc, VMR Products LLC, Altria Group Inc., Japan Tobacco Inc., Philip Morris International Inc., Imperial Brands plc, Njoy, Inc., Cigavette and FIN Branding Group LLC.

U.S. E-Cigarette Market Coverage

Product Insight and Forecast 2014-2024

Cig-A-Like

Vaporizer

Vape Mod

Disposable

Rechargeable

Open Tank

Closed System

Distribution Channel Insight and Forecast 2014-2024

Vape Shops

Supermarkets

Online

Tobacconists

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Global Next-Generation Firewall (NGFW) Market is Expected to Reach USD 5.5 Billion by 2025

The global next-generation firewall market is expected to reach USD 5.5 billion by 2025, growing at a CAGR of 12.4% during the forecast period. Introduction of virtual next-generation firewall providing security to the virtual network will be a key opportunity for the global NGFW market in near future.  

Government and public utilities are expected to account the largest market share by 2025

On the basis of industry vertical, the market is segmented into banking, financial services, and insurance (BFSI), retail, IT and telecommunications, government and public utilities, healthcare, energy and utilities, and others. Government and public utilities are expected to account the largest market share by 2025. However, BFSI is expected to grow at fastest rate during the forecast period.

Geography Insight

Geographically, North America followed by Europe is the largest next-generation firewall market in terms of revenue. Being home of several large economies and financially and technologically advanced region, these regions captures a major market share of NGFW.

Competitive Insight

Some of the key players operating in the next-generation firewall market are Cisco Systems, Inc., Check Point Software Technologies Ltd, Palo Alto Networks, Inc., Barracuda Networks, Inc., Fortinet, Inc., Sonicwall Inc., Zscaler, Inc., Forcepoint LLC, Juniper Networks, Hillstone Networks, Sophos Ltd., and Gajshield Infotech (I) Pvt. Ltd.

Key Takeaway from the Report:

Among all the component, solution segment captures highest market share in 2019.

Of all the delivery type, cloud-based firewall is the fastest growing delivery type in the next-generation firewall market.

Among all the services, the professional service segment accounted for a larger share in the next-generation firewall market in 2019.

Among all the organization size, SMEs is expected to accounted for larger market share in 2019

Of all industry, government and public utilities are expected to account the largest market share by 2025.

The Report Offers:

Historical market estimate for the years 2015–2019 and forecast for the years 2020–2025

Insight on current market trends, market dynamics, key opportunities and major challenges in the industry

Market insights by in-depth segmentation with industry dynamics.

Competitive analysis and benchmarking of the industry leaders and their product offerings

Profiles of leading players and innovators, their financial overview and product portfolio

Analysis of key industry trends and recent developments

Value chain analysis and distribution channel analysis with opportunity assessment

Market share analysis of major players

Contact Us: VynZ Research Call: [phone] Toll Free (U.S. and Canada): [phone] Email: [email protected] Web: https://www.vynzresearch.com

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Security Policy Management Market is Expected to Reach USD 2.7 Billion by 2025

The global security policy management market is expected to reach USD 2.7 billion by 2025, growing at a CAGR of 11.0% during the forecast period. There is a gradual shift of security policy management from regular model to hybrid network Model. Further, government and other regulatory bodies are constantly asking organizations to implement required security policies. This will act as an opportunity for the global security policy management market in near future.  

BFSI and IT & telecom are the sectors expected to account the highest market share by 2025

On the basis of industry, the market is bifurcated into IT & telecom, healthcare, BFSI, manufacturing, energy & power, government, and others. BFSI and IT & telecom are the sectors expected to account the highest market share by 2025 and further grow at fastest rate due to large set of data exchange on regular basis.

Geography Insight

Geographically, North America is the largest security policy management market being early adopter of the technology and large number of IT companies residing in the region. Besides, the region is very much inclined towards the implementation of required security regulations and compliance. As a result, North America security policy management market will keep on growing in the years to come.

Competitive Insight

Some of the key players operating in the security policy management market are Cisco Systems, Inc., Check Point Software Technologies Ltd, Palo Alto Networks, Inc., Micro Focus International plc, McAfee, LLC, HelpSystems, LLC, AlgoSec, Juniper Networks, FireMon, LLC, and Tufin.

Key Takeaway from the Report:

Among all the component, solution segment captures highest market share in 2019.

Of all the organization size, large enterprises accounted for the foremost share in the security policy management market in 2019.

Among all the applications, the network policy management segment accounted for a foremost share in the security policy management market in 2019.

Of all industry, BFSI and IT & telecom are the sectors expected to account the highest market share by 2025.

The Report Offers:

Historical market estimate for the years 2015–2019 and forecast for the years 2020–2025

Insight on current market trends, market dynamics, key opportunities and major challenges in the industry

Market insights by in-depth segmentation with industry dynamics.

Competitive analysis and benchmarking of the industry leaders and their product offerings

Profiles of leading players and innovators, their financial overview and product portfolio

Analysis of key industry trends and recent developments

Value chain analysis and distribution channel analysis with opportunity assessment

Market share analysis of major players

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Global Cloud Radio Access Network (C-RAN) Market Observing a CAGR of 20.0% during 2020–2025

The global cloud radio access network (C-RAN) market was valued at USD 8.5 billion in 2019, growing at a CAGR of 20.0% during the forecast period. Key players in the global C-RAN market are regularly focusing on new product development, partnerships, and collaborations to sustain and attain a competitive edge in the market. Further, mergers & acquisitions are other key strategies adopted by the players in the ecosystem. For instance, in 2019, Rakuten announced a strategic partnership with Altiostar to enhance its product portfolio across LTE and 5G technologies.

On the basis of network type, the C-RAN market is subdivided into 3G, and LTE & 5G. Among these, 5G and LTE networks held a larger share in the C-RAN market in 2019. Rapid growth in the communication traffic in terms of data and calls leads to increased power consumption at the network operator level. This acts as an opportunity for C-RAN technology which provides lower power consumption, improved coverage, and virtualization in terms of traffic management.

Read Full Research Report Description at https://bit.ly/2WLKV8I

Geography Insight

Geographically, North America held the largest share in the global cloud radio access network (C-RAN) market in 2019, owing to the high adoption rates. Besides, the region is connected with complex networks across the industries in diverse verticals, this will further upsurge the growth of the C-RAN market in years to come.

Competitive Insight

Some of the key players operating in the global cloud radio access network (C-RAN) market are Nokia Corp, Cisco Systems, Inc., Samsung Electronics Co Ltd, ZTE Corp, Altiostar, Telefonaktiebolaget LM Ericsson, NEC Corporation, Huawei Technologies Co., Ltd., Fujitsu, Intel Corporation, and ASOCS Ltd.

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