Radiant Insights Reports

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. We publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy

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January 11, 2021 - The global inhalation anesthesia market size is projected to reach USD 1.42 billion by 2015, at a lucrative CAGR of 3.5% over the forecast period. Key factors contributing to its rapid growth include increasing prevalence of cancer, cardiovascular, respiratory, neurological, gastrointestinal, orthopedic, and spinal diseases and disorders.

Furthermore, increasing number of emergency cases and demand for short stay ambulatory day care surgical procedure are amongst critical success factors attributed to the market growth. Access to universal health insurance coverage for a wider population base coupled with constant improvements in healthcare infrastructure in various developing countries are expected to positively impact the number of surgeries performed, thus increasing the usage of inhalation anesthetics. In-Depth research report on Inhalation Anesthesia market: https://www.radiantinsights.com/research/inhalation-anesthesia-market On the basis of product, the inhalation anesthesia market is classified into sevoflurane, isoflurane, and desflurane. These products are used for induction and maintenance of anesthesia for patients during surgical procedures. Sevoflurane led the product segment in 2018 and is anticipated to grow at a lucrative rate over the forecast period, attributed to its therapeutic advantages, low cost, and higher potency for the induction of anesthesia. On the other hand, isoflurane is expected to witness the fastest CAGR of 6.3% over the forecast period, due to its increasing use in maintenance of anesthesia for treatment of weak or geriatric patients owing to its sparing effect on cardiovascular function. On the basis of regions, the market is broadly classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). North America held the leading market share of USD 456.0 million and is anticipated to witness lucrative CAGR over the forecast period. This is owing to increasing prevalence of chronic diseases coupled with the presence of advanced healthcare facilities. On the other hand, Asia Pacific was anticipated to witness the fastest CAGR of 4.0% due to increasing population and number of patients suffering from chronic population. Some of the key players operating in this market include Halocarbon Products Corporation; Baxter; Hikima Pharmaceuticals PLC; Lunan Pharmaceutical Group Co. Ltd.; Piramal Enterprises Limited; Jiangsu Hengrui Medicine Co. Ltd.; Fresenius Kabi AG, and AbbVie Inc. Further key findings from the report suggest: • Sevoflurane product segment led the market in terms of revenue, valued at USD 768.6 million, in 2018 • Isoflurane product segment is anticipated to expand at the fastest CAGR of 6.3% owing to its increasing use in the treatment of weak and geriatric patients owing to its low effect on cardiovascular function • North America led the market in 2018 with a revenue of USD 456.0 million owing to the presence of advanced healthcare facilities, strong reimbursement scenario, and prevalence of chronic diseases • Key players operating in the inhalation anesthesia market include Halocarbon Products Corporation; Baxter; Hikima Pharmaceuticals PLC; Lunan Pharmaceutical Group Co. Ltd.; Piramal Enterprises Limited; Jiangsu Hengrui Medicine Co. Ltd.; Fresenius Kabi AG, and AbbVie Inc. To get free request sample: https://www.radiantinsights.com/research/inhalation-anesthesia-market/request-sample

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Global whiskey market size is expected to reach USD 89.60 billion by 2025

January 06, 2021 - The global whiskey market size is expected to reach USD 89.60 billion by 2025. The market is anticipated to witness a CAGR of 6.4% during the forecast period on account of rising product consumption across the globe.

Growing product usage in the artistic preparation of alcoholic drinks is the key factor driving the industry. Blended whiskey is likely to remain the most lucrative product segment over the forecast period due to ongoing experimental activities to produce innovative drinks.

In-Depth research report on Whiskey  market: https://www.radiantinsights.com/research/whiskey-market The market has also experienced a high demand for rye-based and single- and double-malt whiskey rich in new flavors. Use of malt whiskey in cocktail formulation is anticipated to increase the demand further. The segment is predicted to experience a steady CAGR over the next few years. The overall whiskey market has witnessed a shift from branded and premium drinks to super-premium and high-end premium drinks produced by skilled craftsmen using traditional processes. High-end premium segment is likely to witness considerable growth due to market consolidation and high-entry-barrier of new companies. However, a small customer base and high prices of these products may limit the segment growth. The U.S. whiskey market is proliferating in line with the increasing disposable income levels, which has resulted in rising demand for the premium-quality products, such as corn and malt whiskeys. Further key findings from the study suggest: • Blended whiskey dominated the global market in 2018; while, the malt whiskey segment is projected to ascend at a CAGR of 7.1% over the forecast period • The premium quality segment led the global market in 2018 accounting for a revenue share of 43.7% • Rising preference for high-quality craft whiskey over those provided by established brands owing to the distinct taste and flavors will drive the segment • The whiskey market in North America has grown at a prolific rate over the past few years owing to consumer preference for conventional, locally produced drinks • Pernod Ricard, Hotaling & Co., William Grant & Sons, and Diageo plc are the prominent companies in the global market • Most of these manufacturers provide whiskeys produced from locally-grown grains, such as rye, barley, and wheat. The whiskey distilleries owned by these companies are majorly located in U.S. and Europe owing to the substantial demand To get free request sample: https://www.radiantinsights.com/research/whiskey-market/request-sample

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Global video streaming market size is expected to reach USD 184.3 billion by 2027

January 05, 2021 - The global video streaming market size is expected to reach USD 184.3 billion by 2027, registering a CAGR of 20.4% from 2020 to 2027. Rising technological advancements such as implementation of block-chain technology in video streaming and use of artificial intelligence (AI) to improve content quality are expected to boost market demand over the forecast period.

Furthermore, growing adoption of cloud-based streaming solutions to increase the reach is directly influencing market growth. This trend is observed in numerous parts of North America and Asia Pacific.Factors behind the growth of these regional markets include rapid digitalization, increasing use of mobiles and tablets, and growing popularity of online viewing.

Globally, the rising demand for on-demand video and extensive growth of online video are key drivers of the market. Moreover, increasing demand for high-speed internet connectivity acts as an advantage for the market. The growing acceptance of smartphones in combination with an extensive range of high-speed internet technologies such as 3G, 4G, and LTE has substantially led to the trend of online broadcasts. In addition, the growing demand for devices that can support digital media is helping consumers’ access media content anywhere in the world. In-Depth research report on Video Streaming market: https://www.radiantinsights.com/research/video-streaming-market The market can be categorized, based on stream type, into live and non-linear video. The ability to view content via the internet and in real-time can be defined as live streaming. This segment is expected to portray the highest growth over the forecast period. Based on solution, the market has been segmented into internet protocol TV, over-the-top (OTT), and pay-TV. OTT-based solutions deliver film and TV content through the internet without the need to subscribe to a traditional cable or pay-TV services. In 2019, smartphones and tablets held the largest share based on platform, majorly due to easy accessibility of the internet, increasing disposable income, better standard of living, and changing lifestyle. The smart TV segment, on the other hand, is expected to register healthy growth over the forecast period.Based on revenue model, the subscription segment, including providers such as Netflix and Amazon Prime, held the largest share and is expected to register the fastest CAGR over the forecast period. This can be attributed to wide variety of content and availability of various subscription plans. Further key findings from the report suggest: • Increasing usage of videos in corporate training and in the education sector are anticipated to drive the market • The over-the-top (OTT) segment held the largest revenue share and is also expected to grow at the fastest pace over the forecast period • Asia Pacific is expected to witness significant growth over the forecast period, majorly due to increasing demand for high-speed internet connectivity and on-demand video streaming • Key players in the video streaming market include Akamai Technologies; Amazon Web Services, Inc.; Apple Inc.; Cisco Systems, Inc.; Google; Kaltura, Inc.; Netflix; International Business Machine Corporation (IBM Cloud Video); Wowza Media Systems, LLC; AT&T Intellectual Property; and Hulu. To get free request sample: https://www.radiantinsights.com/research/video-streaming-market/request-sample

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North America - Smart parking systems play a vital role in generating better urban environment by minimizing the carbon emission

January 04, 2021 - The North America smart parking system market is expected to reach USD 4,110.8 million by 2025. Developing better solutions to avoid congestions and systematic positioning of vehicles across the cities are the key factors driving the market growth in the North America.

The increased use of automobiles and the trend of urbanization are leading to paucity in parking spaces. Technological advancements such as online payments and development of mobile apps for reserving parking slots are instrumental in driving the implementation of smart parking systems.

Numerous benefits offered by smart parking systems such as reduced congestion and reduced pollution are expected to drive the adoption of smart parking systems in North America. These systems involve usage of real-time data collection, low-cost sensors, and smartphone-enabled automated payment systems, which allow drivers to reserve parking in advance.

In-Depth research report on North America Smart Parking System market: https://www.radiantinsights.com/research/north-america-smart-parking-system-market

In places, such as shopping malls, large commercial hubs, and sports and entertainment hubs, there are a large number of vehicles that need to be positioned appropriately to avoid congestions. In such situations, a smart parking system provides directions and accuracy in terms of parking the vehicles to the drivers. In North America, smart parking systems play a vital role in generating better urban environment by minimizing the carbon emission.

Further key findings from the report suggest:

• The hardware segment dominated the market in 2018 and is estimated to generate a revenue of over USD 2,185.3 million by 2025, as these components are largely deployed in various systems that provide guidance while parking vehicles.

• The signage segment is expected to grow at a CAGR of 16.7% over the forecast period, as signages guide vehicles with proper directions and help avoid confusions, thereby, improving accuracy and reducing mishaps.

• The consulting services segment is expected to grow at a CAGR of 20.1% from 2019 to 2025, as companies outsource the parking planning tasks to consultancy services that provide solutions depending on the requirements.

• Several organizations face the issues regarding parking spaces in urban areas. In order to cater to those problems, companies outsource these tasks to the consultancy services that provide solutions as per their requirements.

• Off-street systems are anticipated to gain traction due to the increasing congestions on streets. The segment is expected to witness considerable growth over the forecast period

• The government application segment for the market is estimated to reach USD 1,651.4 million by 2025 owing to its vast applications in smart city development projects initiated by government

• The key players in the north america smart parking system market are Amano McGann.; Conduent, Inc.; Cisco Systems, Inc.; SKIDATA AG.; Streetline, Inc.; ParkMe, Inc.; and Parkmobile LLC, among others.

To get free request sample: https://www.radiantinsights.com/research/north-america-smart-parking-system-market/request-sample

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Increasing prominence of preventive healthcare is the major driving factors propelling the demand for probiotics across the globe

December 30, 2020 - The global probiotics market is projected to reach USD 77.09 billion by 2025. Increasing prominence of preventive healthcare is among the major driving factors propelling the demand for probiotics across the globe. The considerable production and consumption of probiotics is complemented by innovations in probiotics by key players, most notably in countries such as China, Japan, and India.

Following the growing demand for probiotics, key market participants have been investing in R&D activities to develop efficient probiotic strains. The probiotics industry has also witnessed advancements in delivery systems to enhance the delivery of probiotics in humans and animals Such developments are expected to emerge as a trend in the industry over the forecast period. In developed countries such as the U.S., probiotics are sold mainly in the form of dietary supplements. The demand for probiotic nutritional supplements has been spurred by the growing aging population and increased consumer interest in preventive healthcare. In-Depth research report on Probiotics market: https://www.radiantinsights.com/research/probiotics-market Market players have introduced new products supplemented with probiotics in addition to other dietary supplements. Probiotic supplements containing different probiotic strains are available in various forms such as probiotics drops, tablets, and capsules. Manufacturers of private label and branded products are likely to continue to extend their product lines in probiotic product categories. The growing product lines and diversification in the same are intended to make manufacturers capable of catering to diverse demand trends across the globe. The same factor is prompting retail channels to increase their production volume in accordance with changing consumer tastes and preferences. Such trends are expected to benefit the growth of probiotics market. Asia Pacific dominated the probiotics industry in 2018 with a share of 41.7%. The region is expected to retain its prominent position throughout the forecast period. In the last decade, the region has garnered a significant response when it comes to adoption of probiotics. This is attributable to the rings levels of health consciousness coupled with wider accessibility of probiotic products in this region. Another key observation in Asia Pacific with regard to consumption of probiotics is the growing popularity of vegetarian probiotic products owing to a healthy increase in consumer vegetarianism. The Asia Pacific probiotics market has also witnessed new launches/product innovations by prominent market participants over the years. For instance, in February 2018, Yakult Danone introduced signature probiotic drinks in a new version in India. The product contained new formulations including Vitamin D & E along with Lactobacillus casei strain Shirota (LcS). Such developments are expected surge in the region over the forecast period owing to the presence of a large consumer base. Further key findings from the report suggest: • In terms of product type, probiotic beverages emerged as the largest segment in 2018 with a revenue of USD 39.56 billion. Cereal-based fermented beverages with probiotic content are being consumed extensively across the globe, thereby favoring the growth of the segment. • In terms of ingredient, bacteria segment is expected to dominate the market throughout the forecast period. The growth of the segment is driven by the increasing employment of bacteria to maintain urogenital health/ vaginal health. • In terms of end use, animal probiotic segment is expected to register relatively faster growth of over 7% over the forecast period. Increasing focus on enhancement of animal health has been fueling the demand for probiotics for animal nutrition. • Asia Pacific is expected to be both the largest and the fastest growing regional segment over the forecast period. New prebiotic launches, innovations in probiotic delivery systems and the presence of key players have laid the platform for a healthy and strong growth of the region over the forecast period. • The probiotic industry is subject to intense rivalry among prominent market players. Product innovation, mergers & acquisition, and portfolio expansion are some of the key strategies deployed by the key players. • Some of the key market players are Arla Foods, Inc.., BioGaia AB, Danone, Chr. Hansen Holding A/S, General Mills, Inc., Danisco A/S and Lallemand Inc. To get free request sample: https://www.radiantinsights.com/research/probiotics-market/request-sample

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December 29, 2020 - The U.S. cold storage market size is estimated to reach USD 19.69 billion by 2025, expanding at a CAGR of 3.7% over the forecast period. U.S. is widely regarded as one of the leading markets in developing technologies responsible for effective management of cold storage processes. The market is expected to offer growth opportunities for the pharmaceutical industry.

Inventory management of pharmaceutical goods such as vaccines and medicines is an expensive process, which necessitates adequate security measures to be undertaken for protection of product quality. Advanced cold storage technologies that offer beneficial features, such as advanced refrigeration technologies and monitoring and tracking systems of various products like fruits and vegetables, significantly mitigate the possibility of wastage of temperature-sensitive goods.

In-Depth research report on U.S. Cold Storage market: https://www.radiantinsights.com/research/us-cold-storage-market Growth of the U.S. cold storage market is profoundly influenced by extensive demand for perishable goods worldwide along with the availability of food and health supplies, and economic and political scenario. For instance, trade conflicts between U.S. and China is expected to negatively impact the growth. In March 2018, U.S. imposed a 25.0% tariff on steel and 10.0% on aluminum imported from China. The latter country, in turn, announced a 15-25.0% tariff on products imported from U.S., including pork, fruits, wine, nuts, and vegetables. These high tariffs imposed on food and agriculture produce are expected to negatively affect market growth. Furthermore, outsourcing cold and frozen storage operations offers manufacturers various cost benefits. This can help eliminate costs associated with warehouse space and management, technology, transportation, and labor. Operational costs such as employee salaries, heating and cooling expenses, insurance, and electric power cost can also be reduced by working with supply chain partners. As a result, manufacturers can increase their profit margins and focus on core business activities such as quality product manufacturing, expanding customer base, and satisfaction of customer needs. Further key findings from the report suggest: • Rising demand for healthy food, import and export of refrigerated foods, and increasing private sector participation are expected to propel market growth • Provision of cold storage facilities assists in extending the shelf life of perishable goods such as fresh agricultural produce and frozen foods • Growing automation in warehouse management is anticipated to spur the growth over the forecast period • Numerous initiatives undertaken with the objective of reducing wastage of post-harvest and processed foods is also expected to boost the market • Some of the key participants operating in the U.S. cold storage market are Americold Logistics, LLC, AGRO Merchants Group North America, Burris Logistics, Cloverleaf Cold Storage, Henningsen Cold Storage Co., Lineage Logistics Holdings, LLC, Nordic Logistics, LLC, Preferred Freezer Services, United States Cold Storage, and Wabash National Corporation To get free request sample: https://www.radiantinsights.com/research/us-cold-storage-market/request-sample

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December 28, 2020 - The global nutrigenomics market size is expected to reach USD 850.86 million by 2025 registering a CAGR of 16.48%. This growth can be attributed to the rising cases of obesity and Cardiovascular Diseases (CVDs), particularly in developed regions. Nutrigenomics can play a vital role in the prevention of obesity by offering personalized, gene-based diet. Increased awareness about the product along with growing geriatric population will also augment the market growth.

Obesity and cancer research applications of nutrigenomics emerged as the market leaders in 2017 and are expected to maintain the dominance expanding at a significant CAGR over the forecast period. Developing regional markets including Asia Pacific, Latin America, and Middle East are also expected to witness rapid expansion owing to the increased cases of obesity and growing geriatric population.

In-Depth research report on Nutrigenomics market: https://www.radiantinsights.com/research/nutrigenomics-market

Further key findings from the study suggest: •    The global nutrigenomics demand exceeded USD 250 million in 2017 and is expected to expand at a CAGR of 16.48% over the forecast period •    Obesity application segment led the market in 2017 and is estimated to account for a 38% of the industry share by 2025 •    North America accounted for the largest market share in 2017 and is estimated to maintain its dominance over the years to come •   The Asia Pacific market is projected to witness substantial growth over the next decade owing to increasing cases of obesity and CVD-related deaths •    Key participants in the global nutrigenomics market include Koninklijke DSM N.V. (Royal DSM); BASF SE; Danone; GeneSmart; Unilever; Genova Diagnostics; Inc.; Nutrigenomix, Inc.; Metagenics, Inc.; WellGen, Inc.; and Cell Logic To get free request sample: https://www.radiantinsights.com/research/nutrigenomics-market/request-sample

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Global aftermarket is estimated to grow significantly over the forecast period

December 23, 2020 - The global automotive aftermarket size is expected to reach USD 513.8 billion by 2027, registering a CAGR of 4.0% over the forecast period,. Digitalization of automotive repair and component sales, along with advanced technology incorporations in the automobile aftermarket component manufacturing, is expected to boost the market growth.

Increasing adoption of semi-autonomous, electric vehicles, and hybrid and autonomous cars is further expected to bolster the market growth.

In-Depth research report on Automotive Aftermarket: https://www.radiantinsights.com/research/automotive-aftermarket-market Increasing disposable income and improved lifestyle in developing countries such as India and Brazil are leading to increased vehicle penetration, which is expected to drive the market in the region. Growth in the automotive manufacturing sector across various regions, along with stringent emissions norms, are expected to drive the aftermarket component sales over the forecast period. Third party services and technological advancements offer new and profitable revenue streams to leverage these opportunities. In addition, the industry requires investment in product development, supply chain, organizational design, and pricing model to create significant surge in the demand. Manufacturers in developing countries are adopting various strategies, including mergers, acquisitions, and partnerships to gain a strong foothold in the market. Asia Pacific is expected to be the fastest growing regional market owing to improving living standards and high automobile production. With increasing penetration and acceptance of gas and hybrid electric cars, specialized repair centers, dedicated toward repairing of particular vehicles, are expected to increase. Further key findings from the report suggest: • The aftermarket is estimated to grow significantly over the forecast period owing to increasing number of lightweight vehicles along with increasing age of the light vehicle fleet • Innovative business models and solutions provided by the manufacturers and growing investments in the same, are expected to create sustainable growth opportunities for the market • North America has a higher technology adoption rate, which is anticipated to result in faster and higher adoption of hybrid electric automobiles in the region as compared to other geographies • The automotive aftermarket is anticipated to witness a phase change owing to the growing proportion of specialized automotive collision repair centers that are dedicated toward serving specific vehicles such as alternate fuel powered vehicles • Key industry participants include Magneti Marelli S.p.A., Continental AG, 3M Company, Federal-Mogul Corporation, Delphi Automotive PLC, Robert Bosch GmbH, and Denso Corporation. To get free request sample: https://www.radiantinsights.com/research/automotive-aftermarket-market/request-sample

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Healthy snacks provide grab-and-go option coupled with convenience to meet the needs of customers

December 23, 2020 - The global healthy snacks market size is expected to reach USD 32.88 billion by 2025, expanding at a CAGR of 5.2% during the forecast period. Increasing awareness regarding health and wellness benefits offered by the product among consumers is likely to be a key trend driving the market.

The consumption of healthy snacks is growing on account of their ability to meet various dietary requirements such as sugar-free, low salt content, and low cholesterol levels. However, high cost of production due to volatile prices of raw materials is expected to negatively influence the growth of the market over the forecast period. Browse full research report: https://www.radiantinsights.com/research/healthy-snacks-market Growing purchasing power parity, which has increased immensely in the past few years, is anticipated to fuel the demand for meat snacks in the upcoming years. This factor, in turn, is projected to boost the growth of the market during the forecast period. Europe is the leading regional market in the healthy snacks market. A wide base of youth population in the region along with high spending power of the populace is stoking the growth of the regional market. Healthy snacks provide grab-and-go option coupled with convenience to meet the needs of customers. Further key findings from the report suggest: • In terms of revenue, the meat snacks segment is projected to expand at a CAGR of 5.4% over the forecast period • Cereal & granola bars dominated the healthy snacks market with a global revenue share of over 36.0% in 2018 • Companies in Europe are focusing on increasing sales of healthy snacks by attracting more customers with innovative and eye-catching products • Rising consumption of dried fruit snacks by customers due to changing lifestyles is likely to fuel growth over the next seven years • Market players are focusing on developing healthy snacks in compliance with stringent USFDA and EU standards, especially in North America and Europe • Emerging economies such as India, China, Brazil, Indonesia, and Malaysia are witnessing a paradigm shift in consumer buying behavior due to rising national income and its benefits on disposable income of households • Major industry players aim to achieve optimum market growth and strengthen their presence through various market expansion strategies such as new product development, joint-ventures, and acquisitions • Some of the key companies present in the industry are Nestle S.A.; PepsiCo, Inc.; The Kellogg Company; Tyson Foods, Inc.; General Mills, Inc.; Mondel'z International; Hormel Foods Corporation; Kind LLC; and Select Harvests. To get free request sample: https://www.radiantinsights.com/research/healthy-snacks-market/request-sample

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Global smoke detector market size is expected to reach USD 3.01 billion by 2025

December 21, 2020 - The global smoke detector market size is expected to reach USD 3.01 billion by 2025. It is anticipated to register a CAGR of 8.8% during the forecast period.

Increasing sustainable development in the infrastructure sector coupled with stringent government policies and regulations are projected to surge the application smoke and fire detection devices.

In-Depth research report on Smoke Detector market: https://www.radiantinsights.com/research/smoke-detector-market Favorable initiatives and policies framed by the government bodies are anticipated to drive the market growth. Governments from some developed countries offer monetary support for the installation of smoke detectors in residences. These initiatives help increase awareness among customers regarding the importance of smoke and fire detection devices, which in turn is expected to surge the market growth. For instance, the U.S. government have extended support by granting USD 110,000 to the Fire Department of Berrien Springs - Oronoko Township - to increase awareness regarding smoke detectors. This initiative also promotes benefits associated with the product. These measures will boost the scope of application and market growth over the forecast period. North America held the largest market share of 31.68% in 2018. Major manufacturers are adopting strategies such as mergers and acquisitions, new product launches, and awareness campaigns. For instance, in June 2018, Kidde launched an awareness creating campaign 'Beat the Beep'. This campaign is important to educate the residents of California regarding the importance of smoke detectors and identifying the situation when a Carbon Monoxide (CO) alarm or smoke alarm needs to be replaced. Major manufacturers are Kidde; Honeywell International Inc.; Johnson Controls; BRK Brands, Inc.; Siemens AG; Birdi; Hochiki Corporation; Huawei Technologies Co., Ltd.; Xtralis Pty Ltd.; and Robert Bosch LLC. Increasing awareness regarding fire safety in commercial as well as residential buildings is fueling the product demand for the product over the forecast period. The market is competitive in nature owing to the increasing product innovation and R&D activities by the market leaders. Further key findings from the report suggest: • In terms of revenue, dual sensor technology is projected to ascend at a CAGR of 9.3% over the forecast years • Industrial end use led the global smoke detectors market with an overall volume share of over 41.66% in 2018 • North America held the leading market share of 31.68% in 2018. It is anticipated to continue the dominance over the forecast period • Key players includes Kidde; Honeywell International Inc.; Johnson Controls; BRK Brands, Inc.; Siemens AG; Birdi; Hochiki Corporation; Huawei Technologies Co., Ltd.; Xtralis Pty Ltd.; and Robert Bosch LLC To get free request sample: https://www.radiantinsights.com/research/smoke-detector-market/request-sample

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North America MUV rental market size is registering a CAGR of 4.0% to 2025

December 17, 2020 - The North America MUV rental market size is projected to reach USD 7.76 billion by 2025, registering a CAGR of 4.0% from 2019 to 2025. A combination of factors such as an upsurge in the number of air travelers opting for vehicle rental services and the growing adoption of renting recreational vehicles for leisure purposes have fueled the regional market growth.

Changing preferences of demographics, regarding vehicle ownership, are expected to have a positive influence on the market growth over the forecast period.

In-Depth research report on North America MUV Rental market: https://www.radiantinsights.com/research/north-america-muv-rental-market The increase in number of internet users has encouraged numerous local and global players in the MUV rental marketplace to have an international presence through their online website and mobile applications. The regional MUV rental market is expected to undergo a transformation from the conventional rental business operations to innovative business models. The North America market has witnessed a significant growth over the past few years owing to continuous economic growth. Numerous states in the U.S. are establishing tie-ups with van rental companies for providing transport facilities from airports to the city centers and other locations. The key strategies adopted by the prominent players to acquire a higher market share include replacement of older fleet with newer ones, expansion of their operational reach, and adoption of a competitive pricing model. Major companies across the region are implementing a mix of operating models, including company owned stores, franchise, and agencies. With the advent of state-of-the-art technologies, vehicle renting has become a preferred option for travelers. Various players have started introducing mobile apps for customers as these apps provide benefits such as easy vehicle tracking and faster payment & booking process. Further key findings from the report suggest: • A majority of service providers in developed countries such as the U.S. are increasingly implementing advanced technology solutions to streamline the vehicle renting/booking processes • The demand across the leisure group is high during the peak seasons. Prominent players are providing premium services and offering discounts & packages to frequent travelers • The trend of renting camper vans or Recreational Vehicles (RVs) has also increased in recent years. Tourists mainly prefer renting RVs for traveling to remote locations or for camping purposes • Some of the key players in the north america muv rental market include Enterprise Holdings, Inc.; Dollar Rent A Car, Inc.; Budget Rent A Car System, Inc.; and Sixt SE. To get free request sample: https://www.radiantinsights.com/research/north-america-muv-rental-market/request-sample

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Smart Parking System Market Analysis, Size and Forecasts | 2025

December 14, 2020 - The global smart parking system market is expected to reach USD 10,380.9 million by 2025. An anticipated upsurge in demand for parking management systems for transport transit and commercial applications is expected to drive the growth in the market.

Favorable government initiatives and increasing public sector funding to roll out solutions aimed at addressing traffic congestion issues are anticipated to drive the market growth. Furthermore, the inclusion of sophisticated features, such as voice guidance, handicapped parking, and auto-payment options enabled through smartphone apps, are also expected to contribute to the growth of the market. In-Depth research report on Smart Parking System market: https://www.radiantinsights.com/research/smart-parking-system-market

Ensuring adequate parking space is turning out to be a challenge for civic administrations as the number of automobiles continues to increase. The demand for intelligent parking systems is rising across the globe as a result. These systems can effectively address traffic congestion issues and parking-related concerns. They can also open potential opportunities for reusing commercial and municipal areas and garages, thereby reducing fuel consumption, curtailing vehicular emissions, and subsequently making the cities cleaner and greener. However, a looming lack of funding initiatives as well as organizational awareness about the advantages associated with smart parking, particularly in underdeveloped regions, is anticipated to restrain the growth of the market over the forecast period. Further key findings from the report suggest: • The hardware segment dominated the market in 2018 owing to the decisive role various hardware components play in detecting the presence of the vehicles in parking slots. • The signage segment is expected to grow at a CAGR of 16.4% over the forecast period, as signages can help in preventing confusions and the resultant mishaps by guiding drivers in appropriate directions. • The consulting services segment is expected to witness significant growth over the forecast period. Consulting services envisage providing an analysis of the volume of traffic that needs to be managed and recommending potential solutions according to the need. • Off-street parking segment dominated the smart parking system market as off-street parking offers easy and swift pay-and-park solutions, which can distribute tickets automatically, thereby reducing congestions at entrances. • The government segment is estimated to reach USD 4,187.6 million by 2025 in line with the increasing need for managing on-road vehicles and minimizing fuel emissions, which would, in turn, lead to large-scale adoption of intelligent parking management systems in the government sector. • The European region accounted for over 30.0% of the global revenue share in 2018. The continued interest of automobile manufacturers in the region in developing intelligent parking systems is anticipated to drive the growth of the regional market. • On-demand valet parking coupled with the increasing demand for parking management systems at public venues, including shopping malls and sports complexes, in countries, such as Japan and China, is expected to fuel the demand for parking management systems in the Asia Pacific regional market. • The key players in the market include Amano McGann, Inc.; Cisco Systems, Inc.; Conduent, Inc.; SKIDATA AG.; Streetline, Inc.; Parkmobile LLC; ParkMe, Inc.; Robert Bosch GmbH; and Nedap N.V.; among others. To get free request sample: https://www.radiantinsights.com/research/smart-parking-system-market/request-sample    

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High number of users of audio and video streaming services has boosted internet data consumption

December 09, 2020 - The Asia Pacific video streaming market size is expected to reach USD 31,054.1 million by 2025, registering a 20.7% CAGR from 2019 to 2025. The market is expected to grow over the forecast period owing to an extensive rise in consumption of online videos and the rising demand for viewing on-demand videos. In the Asia Pacific region, media consumption has grown drastically, especially due to the shift from traditional media to digital media.

The growing adoption of smartphones and the easy availability of high-speed 3G, 4G, and LTE internet services in several countries in the region have led to a massive rise in digital data consumption volumes. In the near future, the network connectivity with 5G technology is expected to lead to an increase in the consumption of videos, especially in Japan, China, and South Korea where the commercial deployment of 5G is already in process. In-Depth research report on Asia Pacific Video Streaming market: https://www.radiantinsights.com/research/asia-pacific-video-streaming-market Easy access to high-speed internet in several countries in the region is also expected to drive the growth of the market. The high number of users of audio and video streaming services has boosted internet data consumption. Furthermore, there is a growing demand for connected devices and consumer electronics devices that can support digital media and high-speed internet technologies, which can allow consumers to access videos from anywhere.

However, there are also some challenges faced by the market that can change its growth prospects in the coming years. Over the past few years, the creation of media content has witnessed a drastic change with a shift from traditional television to online digital platforms. Online entertainment content providers such as Netflix, Amazon, and Hulu have successfully introduced acclaimed original video content in the region. These companies are also financing content in regional languages in a bid to attract customers, especially in multilingual countries such as India. The rising competition in the market, high cost of content creation, and technical difficulties associated with viewing videos online are expected to hinder the market growth to an extent over the forecast period. Some of the major video streaming solution providers in the region include Amazon Web Series, Inc., Google Inc., Microsoft Corporation, Netflix, Inc., and Tencent, iQIYI, Inc. Further key findings from the report suggest: • In terms of solution, the OTT segment is expected to grow at the fastest pace over the forecast period owing to the increasing demand for improved automation of business processes and the wide availability of broadband infrastructure in the region • In terms of platform, the gaming consoles segment is expected to grow at a promising pace over the forecast period, which can be attributed to the increasing demand for video games and the increasing number of consumers viewing videos on gaming consoles • The growing emphasis and initiatives undertaken by governments in the region to improve ICT connectivity are expected to create new growth opportunities for the market in APAC • The increasing adoption of smartphones and mobile broadband services also leads to an increase in the usage of data services. The rising coverage of high-speed networks in APAC countries is supporting these trends and leading to increased growth of the market • Developing countries, including China and India, are expected to emerge as promising growth avenues for the market in line with rapid technological advancements, increasing use of smartphones and tablets, and the growing popularity of viewing online videos • Some of the key players in the Asia Pacific video streaming market are Amazon Web Series, Inc., Google Inc., Microsoft Corporation, Netflix, Inc., Tencent, and iQIYI, Inc. To get free request sample: https://www.radiantinsights.com/research/asia-pacific-video-streaming-market/request-sample

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December 08, 2020 - The U.S. digital signage market size is anticipated to reach USD 7.8 billion by 2027, registering a 6.4% CAGR over the forecast period. The demand is expected to increase as advertisers, enterprises, and corporates are increasingly adopting this technology to promote and distribute content. Advancements in display technology are also likely to drive the market. Furthermore, increasing demand for digital signage solutions from industries such as healthcare, transportation, hospitality, and retail is likely to propel market growth over the forecast period.

Growing adoption of this technology is due to increasing demand for advertising content with enhanced quality and better sharpness. Rising demand for 4K embedded digital displays can be attributed to increase in need for enhanced sharp images. Digital signage above 52 inches are poised to gain popularity over the forecast period as advertisers are increasingly preferring outdoor advertising. In-Depth research report on U.S. Digital Signage market: https://www.radiantinsights.com/research/us-digital-signage-market Besides this, software providers are engaged in providing design solutions that are compatible with multiple operating systems to new entrants in the market. They are particularly offering cloud-based design solutions that can aid in managing advertising content displayed on digital signage. Operational cost of companies is reduced by cutting down the use of paper for advertisements and deviating from traditional marketing activities. In addition, combination of LED-backlit panels is resulting in substantial energy savings. Decrease in energy consumption owing to adoption of enhanced technologies, which includes LED, is attracting enterprises to opt for digital signage. West U.S. accounted for the largest share in the market in 2019 and is estimated to retain its lead through 2027. The Midwest region is projected to exhibit the highest growth rate during the forecast period owing to burgeoning sales of digital signage in multiple industry verticals across the region. Some of the prominent companies operating in the market are Cisco Systems, Inc.; Intel Corporation; Microsoft Corporation; BrightSign, LLC; Keywest Technology, Inc.; Planar System Inc.; Scala, Inc.; and Hughes Network Systems LLC. Further key findings from the report suggest: • On the basis of display technology, the LCD segment commanded the leading share in the market in 2019 owing to lower manufacturing cost and benefits associated with LCD technology • The retail industry was the most prominent application segment in the U.S. digital signage market in 2019. It is estimated to retain its position through 2027, as there is high competition in the industry, which augments the need for innovative advertising medium • Based on display type, transparent LED screens are projected to exhibit the highest CAGR during the forecast period as high level of transparency and resolution offered by them proves to be lucrative for advertisers • By component, the hardware segment, which includes displays and media players, is anticipated to dominate the market throughout the forecast period as users remain keen on adopting different types of displays • The out-store location segment is expected to witness considerable growth through 2027 owing to growing adoption of digital signage in various outdoor applications • The West region was the highest revenue generating region in 2019 owing to the adoption of this technology across applications such as retail and hospitality. The region is home to the largest number of companies manufacturing electronic display products • Prominent players in the U.S. market include Panasonic Corporation of North America; Cisco Systems, Inc.; Intel Corporation; Microsoft Corporation; and Planar System Inc. To get free request sample: https://www.radiantinsights.com/research/us-digital-signage-market/request-sample

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U.S. voice recognition market demand is expected to reach 733.3 million units by 2025

December 07, 2020 - The U.S. voice recognition market demand is expected to reach 733.3 million units by 2025, registering a 16.5% CAGR from 2019 to 2025. The growing demand for self-service applications such as voice-based biometric identification in the banking sector is anticipated to drive market growth in the near future.

The increasing number of users of mobile banking applications for banking transactions is also expected to positively influence the growth of the U.S. market in the near future. An alarming rise in fraudulent banking activities in the U.S. is a major factor driving the adoption of high-end security measures, such as voice-based biometrics, in banking organizations.

In-Depth research report on U.S. Voice Recognition market: https://www.radiantinsights.com/research/us-voice-recognition-market The integration of the technology in automobiles is gaining popularity across the globe as numerous countries are developing stringent driving regulations such as banning the use of cell phones while driving vehicles. It is estimated that by 2020, more than 50% of the world's cars would be equipped with in-car voice recognition systems with features such as placing a call or changing music using verbal commands. The trend is also likely to be strong in the U.S., thus driving the U.S. market for voice recognition. In addition to this, voice commands help drivers keep their eyes on the road even when accessing applications such as car navigation or in-car infotainment system while driving. Whereas, speech destination entry helps drivers to follow the route correctly while keeping their eye on the road, manually entering data into a navigation system can result in significant safety risks. Owing to the rising demand globally, manufacturers of consumer devices are focusing on innovating their products by enabling verbal commands in them. This trend is expected to accelerate the growth of the U.S. voice recognition market over the forecast period. Further key findings from the report suggest: • The automotive vertical accounted for a significant market share in the U.S. market for voice recognition in 2018 owing to rising popularity of in-car infotainment systems enabled by verbal commands. The technology is also being increasingly used in the automotive industry to improve verbal navigation systems, such as updating the car driver with traffic conditions on the route and also suggesting alternative routes • The banking and financial vertical is expected to register the highest CAGR over the forecast period owing to the rising adoption of voice-based biometric authentication for performing banking transactions. Several financial institutes such as HSBC and Wells Fargo are in the process of enabling verbal command features in their banking applications • Applications in the consumer vertical are gaining traction and the vertical is likely to witness promising growth prospects over the forecast period. Advanced security systems are increasingly being integrated with voice recognition technology to help the user give verbal commands for activities such as adjusting thermostats, turning on and turning off lights, and identifying residents and reporting intruders • Some of the leading U.S. voice recognition solution providers are Advanced Voice Recognition System, Inc., Agnitio S.L. (subsidiary of Nuance Communications Inc.), Amazon.com, Inc., Apple Inc., and Baidu, Inc. To get free request sample: https://www.radiantinsights.com/research/us-voice-recognition-market/request-sample

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Massive data dependence and adoption of advanced technologies is expected to drive the demand for predictive analytics solutions over the forecast period

December 01, 2020 - The global predictive analytics market size is expected to be valued at USD 23.9 billion by 2025, registering a CAGR of 23.2% over the forecast period. Massive data dependence and adoption of advanced technologies such as AI, machine learning, and big data is expected to drive the demand for predictive analytics solutions over the forecast period.

These solutions transform collected data into insights; for instance, they detect patterns to determine a suitable course of action. They have also been instrumental in the development of search advertising and recommendation engines. Growing awareness about the importance of available data and its analysis for predicting the future scenario is offering a competitive edge to end users, thereby driving the demand for these solutions.

In-Depth research report on Predictive Analytics market: https://www.radiantinsights.com/research/predictive-analytics-market Key factors driving the demand for predictive analytics solutions are enhanced product usability, adoption of new technologies, massive data deluge, and newer levers of differentiators. In addition, growing need for database management, data warehouses, forecasting, data mining, smart logistics, CRM, and data visualization in dashboards is supporting the growth of the market. These solutions help map the various stages of the buyer journey, which would help organizations adopt suitable marketing campaigns, subsequently leading to higher sales and customer retention. Increasing demand for these solutions from organizations to equip their business functions with analytical capabilities are also expected to drive the growth of the market over the forecast period.

Techniques for implementing predictive analytics include machine learning, deep learning, regression, regression modeling, mathematical, text mining, neural nets, genetic algorithms, clustering, decision trees, and data exploration techniques to gain insights from historical and present data. These techniques are increasingly being adopted by organizations for various applications such as CRM, direct marketing, risk management, portfolio management, fraud detection, underwriting, and credit scoring. These solutions therefore help organizations decide future strategies based on predicted outcomes for enhancing the overall performance in the coming years. These solutions find applications in various end-use industries such as BFSI, healthcare, retail, manufacturing, government, sports, transportation and travel, IT, energy and utilities, and entertainment. These solutions help manage diversified applications across the aforementioned verticals. For instance, in the manufacturing industry, these solutions can be used for equipment maintenance management, workforce management, and cross-selling and up-selling. Moreover, the IT and telecom industry can adopt these solutions in sales, marketing, and CRM by implementing churn and pricing optimization. Further key findings from the report suggest: • The customer analytics segment is anticipated to gain significant traction over the forecast period, supported by digitalization and positive outlook of the e-commerce sector • Training and consulting services are expected form the fastest-growing segment over the forecast period owing to rising need for experienced employees for decision making based on predictive outcomes • Demand for cloud deployment is likely to increase owing to cost-effectiveness, faster data-processing, and ease in data handling offered by cloud platforms • The small and medium enterprises segment is expected to register a significant CAGR over the forecast period owing to growing need for enhancing operational performance by reducing overall operational costs with the help of these solutions • The retail and e-commerce segment is predicted to witness a remarkable growth over the forecast period owing to increasing internet and smartphone penetration, along with digitalization across the globe • North America dominates the global market owing to technological advancements and presence of players in U.S. Financial funding to new players from venture capitalists is projected to intensify the competition in the market • Prominent players operating in the market include Microsoft Corporation; SAS Institute, Inc.; IBM Corporation; SAP ERP; Siemens AG; NTT Data Corporation; and Tableau Software, Inc. To get free request sample: https://www.radiantinsights.com/research/predictive-analytics-market/request-sample

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Retailers and e-commerce players are using augmented reality (AR) technology to enhance the shopping experience

November 26, 2020 - The global B2C e-commerce market is anticipated to reach USD 7,724.8 billion by 2025, growing at a CAGR of 11.7%. The rising disposable income level, increasing middle-class population and increasing internet & smartphones penetration is likely to spur the market demand over the forecast period.

The increasing acceptance of technology is allowing the e-commerce sector to be more efficient and reachable. The growing middle-class population and intense use of social media is also aggravating the demand of online purchasing of various products and services.

In-Depth research report on B2C e-commerce market: https://www.radiantinsights.com/research/b2c-e-commerce-market MEA region have a dynamic young population with one of the highest global per capita income. In addition to it, high level internet penetration is rapidly evolving online shopping market in the region. Chinese market is going through a consumer revolution, international products taking benefit of innovative marketing, research techniques and advertising. Brand consciousness is getting more importance in attracting Chinese consumers. Luxury goods and service providers are experiencing great growth in China. The General Agreement on Trade in Services (GATS) provides the rules and regulations governing international trade in services, with great implications for e-commerce. Anti-Spam Law is placed to protect consumers from receiving unsolicited marketing material. As online business collects information of consumers, it cannot legally spam people without having them consent to it.Technological advancement is driving the global market. Retailers and e-commerce players are using augmented reality (AR) technology to enhance the shopping experience. This allow customers to try a product virtually. The market is very volatile in nature and is experiencing a fierce competition, therefore, marked by an extensive presence of mergers and acquisitions. The key players in the market include Amazon, Alibaba, Jindong, Flipkart, and PayPal. E-commerce market players are focusing on unique changes to their business models in order to enable sellers & consumers to transact online. The big retailers in the market are trying to complement their traditional retailing with online commerce and tying up Further key findings from the report suggest: • The escalating middle-class population and technological advancements are expected to drive the market. • The travel & tourism segment is expected to portray high growth rate with a CAGR of 15.8% over the projected period. • Increasing internet penetration and growing acceptance of smartphones are expected to be the drivers of the market over the forecast period. • The Asia Pacific region dominated the B2C e-commerce market in terms of revenue in 2016 and is expected to have significant growth over the forecast period. • The key players of the market include Alibaba (China), Amazon.com, Inc.(U.S.), and eBay Inc. (U.S.) To get free request sample: https://www.radiantinsights.com/research/b2c-e-commerce-market/request-sample