Research and Markets

Global Rigid Bulk Packaging Industry (2020 to 2027) - Market Trends and Drivers

Fri, 05 Feb 2021 13:58 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Rigid Bulk Packaging - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 8th edition of this report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Rigid Bulk Packaging Market to Reach $9.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Rigid Bulk Packaging estimated at US$7.4 Billion in the year 2020, is projected to reach a revised size of US$9.3 Billion by 2027, growing at a CAGR of 3.2% over the analysis period 2020-2027.

Drums, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$2.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pails segment is readjusted to a revised 3.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 5.8% CAGR

The Rigid Bulk Packaging market in the U.S. is estimated at US$2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 5.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

RIBC Segment to Record 3.6% CAGR

In the global RIBC segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$951.4 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period.

Competitors identified in this market include, among others:

$1.1 Billion Worldwide Spiral Classifier Industry to 2027 - Impact of COVID-19 on the Market

Fri, 05 Feb 2021 13:53 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Spiral Classifier - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 8th edition of this report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Spiral Classifier Market to Reach $1.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Spiral Classifier estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 0.9% over the period 2020-2027.

High Weir Spiral Classifier, one of the segments analyzed in the report, is projected to record 1.2% CAGR and reach US$778.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Submerged Spiral Classifier segment is readjusted to a revised 0.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $302.6 Million, While China is Forecast to Grow at 2.1% CAGR

The Spiral Classifier market in the U.S. is estimated at US$302.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$219.8 Million by the year 2027 trailing a CAGR of 2.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -0.2% and 0.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.1% CAGR.

Competitors identified in this market include, among others:

Insights on the Enterprise Video Global Market to 2027 - Featuring Adobe Systems, Avaya and Brightcove Among Others

Fri, 05 Feb 2021 13:48 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Enterprise Video - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 6th edition of this report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Enterprise Video Market to Reach $23 Billion by 2027

Amid the COVID-19 crisis, the global market for Enterprise Video estimated at US$14.8 Billion in the year 2020, is projected to reach a revised size of US$23 Billion by 2027, growing at a CAGR of 6.5% over the analysis period 2020-2027.

Webcasting, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$7.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Video Content Management segment is readjusted to a revised 6.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.4 Billion, While China is Forecast to Grow at 6.1% CAGR

The Enterprise Video market in the U.S. is estimated at US$4.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Video Conferencing Segment to Record 6.1% CAGR

In the global Video Conferencing segment, USA, Canada, Japan, China and Europe will drive the 6.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.1 Billion in the year 2020 will reach a projected size of US$7.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.6 Billion by the year 2027. We bring years of research experience to this 6th edition of our report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

Insights on the ARC Fault Circuit Interrupter (AFCI) Global Market to 2027 - Featuring Eaton, Legrand & Siemens Among Others

Fri, 05 Feb 2021 13:43 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "ARC Fault Circuit Interrupter (AFCI) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 9th edition of this report. The 130-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global ARC Fault Circuit Interrupter (AFCI) Market to Reach $5.6 Billion by 2027

Amid the COVID-19 crisis, the global market for ARC Fault Circuit Interrupter (AFCI) estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027.

Residential, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$2.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial/Industrial segment is readjusted to a revised 4.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 4.6% CAGR

The ARC Fault Circuit Interrupter (AFCI) market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$986.5 Million by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Competitors identified in this market include, among others:

COVID-19 Alters Near-Term Growth Trajectory of Central America and the Caribbean, 2020 Report - Nearshoring to Raise Regional Production Opportunities

Fri, 05 Feb 2021 13:38 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "COVID-19 Alters Near-Term Growth Trajectory of Central America and the Caribbean" report has been added to ResearchAndMarkets.com's offering.

Global Antiscalants/Scale Inhibitors Industry (2020 to 2027) - Market Trajectory & Analytics

Fri, 05 Feb 2021 13:33 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Antiscalants/Scale Inhibitors - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 7th edition of this report. The 290-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Antiscalants/Scale Inhibitors Market to Reach $3.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Antiscalants/Scale Inhibitors estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 3.2% over the analysis period 2020-2027.

Phosphonates, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$724.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Carboxylates/Acrylic segment is readjusted to a revised 2.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $740.1 Million, While China is Forecast to Grow at 5.8% CAGR

The Antiscalants/Scale Inhibitors market in the U.S. is estimated at US$740.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$705 Million by the year 2027 trailing a CAGR of 5.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Sulfonates Segment to Record 3.4% CAGR

In the global Sulfonates segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$823.2 Million in the year 2020 will reach a projected size of US$1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$474.5 Million by the year 2027, while Latin America will expand at a 4.2% CAGR through the analysis period.

Competitors identified in this market include, among others:

Global Oncology Partnering Directory 2020 - Access to Over 4,000 Oncology Deal Records

Fri, 05 Feb 2021 13:28 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Global Oncology Partnering 2015-2020: Deal Trends, Players and Financials" report has been added to ResearchAndMarkets.com's offering.

The Global Oncology Partnering 2015-2020: Deal trends, players and financials report provides an understanding and access to the oncology partnering deals and agreements entered into by the worlds leading healthcare companies.

The report provides a detailed understanding and analysis of how and why companies enter oncology partnering deals. The majority of deals are development stage whereby the licensee obtains a right or an option right to license the licensors oncology technology. These deals tend to be multicomponent, starting with collaborative R&D, and commercialization of outcomes.

Most of the deals included within the report occur when a licensee obtains a right or an option right to license a licensor's product or technology. More often these days these deals tend to be multi-component including both a collaborative R&D and a commercialization of outcomes element.

The report takes readers through the comprehensive Oncology disease deal trends, key players and top deal values allowing the understanding of how, why and under what terms companies are currently entering Oncology deals.

The report presents financial deal terms values for Oncology deals, where available listing by overall headline values, upfront payments, milestones and royalties enabling readers to analyse and benchmark the value of current deals.

In addition, a comprehensive appendix is provided with each report of all Oncology partnering deals signed and announced since 2015. The appendices are organized by company A-Z, stage of development at signing, deal type (collaborative R&D, co-promotion, licensing etc) and technology type. Each deal title links via Weblink to an online version of the deal record and where available, the contract document, providing easy access to each contract document on demand.

In conclusion, this report provides everything a prospective dealmaker needs to know about partnering in the research, development and commercialization of Oncology technologies and products.

Understanding the flexibility of a prospective partner's negotiated deals terms provides critical insight into the negotiation process in terms of what you can expect to achieve during the negotiation of terms. Whilst many smaller companies will be seeking details of the payments clauses, the devil is in the detail in terms of how payments are triggered - contract documents provide this insight where press releases and databases do not.

This report contains a comprehensive listing of all oncology partnering deals announced since 2015 including financial terms where available including over 4,000 links to online deal records of actual oncology partnering deals as disclosed by the deal parties. In addition, where available, records include contract documents as submitted to the Securities Exchange Commission by companies and their partners.

Contract documents provide the answers to numerous questions about a prospective partner's flexibility on a wide range of important issues, many of which will have a significant impact on each party's ability to derive value from the deal.

Report scope

Global Oncology Partnering 2015-2020: Deal trends, players and financials is intended to provide the reader with an in-depth understanding and access to oncology trends and structure of deals entered into by leading companies worldwide.

Global Oncology Partnering 2015-2020: Deal trends, players and financials includes:

Metalized Flexible Packaging Market by Material Type, Structure, Packaging Type, End-use Industry and Region - Global Forecast to 2025

Fri, 05 Feb 2021 13:23 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Metalized Flexible Packaging Market by Material Type (Aluminum Foil Based, Metalized Film), Structure, Packaging Type (Pouches, Bags, Wraps), End-Use Industry (Food, Beverage, Personal Care, Pharmaceuticals, Pet Food), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Global Fluid Management Systems Market (2020 to 2025) - Single-Use Disposable Devices and Accessories Presents Opportunities

Fri, 05 Feb 2021 13:18 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Fluid Management Systems Market by Product (Standalone (Dialyzers, Insufflators, Suction) Integrated Systems, Disposables, Accessories), Application (Urology, Nephrology, Laparoscopy) End User (Hospitals, Dialysis Centers) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The Worldwide Infrared Thermometer Industry is Expected to Reach $3.6 Billion by 2025

Fri, 05 Feb 2021 13:13 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Global Infrared Thermometer Market by Type (Fixed, Portable), Component (Optical, Display & Interface Units), Application (Medical, Non-Medical), End-use (Residential, Commercial, Industrial), and Geography - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Global Healthcare Provider Network Management Market (2020 to 2025) - Advanced Data Analytics Presents Opportunities

Fri, 05 Feb 2021 13:08 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Global Healthcare Provider Network Management Market by Component (Services, Internal, Outsourcing Services, Software), Delivery (On Premise, Cloud), End-user (Payer, Private, Public Health Insurers), and Region (North America, Europe) - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Global Playing Cards and Board Games Market Report 2020-2026: Products (Playing Cards, Board Games) & Distribution Channel (Offline, Online)

Fri, 05 Feb 2021 13:03 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Playing Cards And Board Games Market - By Product (Playing Cards, Board Games) Market By Distribution Channel (Offline, Online): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2026" report has been added to ResearchAndMarkets.com's offering.

The report covers forecast and analysis for the playing cards and board games market on a global and regional level. The study provides historic data of 2016 to 2018, considering 2019 as the base year, along with a forecast from 2020 to 2026 based on revenue (USD Million).

The study includes drivers and restraints for the playing cards and board games market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the playing cards and board games market on a global level.

In order to give the users of this report a comprehensive view on the playing cards and board games market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter's Five Forces model for the playing cards and board games market has also been included. The study encompasses a market attractiveness analysis, wherein segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the playing cards and board games market by segmenting the market based on product, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global playing cards and board games market.

Key players profiled in the report include Games Workshop Group PLC, NECA/WizKids LLC, IELLO USA LLC., Grey Fox Games, Disney, Buffalo Games, UNIVERSITY GAMES, Delan Service, LongPack Games, and Boda Games, among others.

Key Topics Covered:

Global Micro-Optic Component Optical Isolators & Fiber Optic Circulators Market 2020: 3-Port Fiber Optic Circulator Component Category Held the Majority Share in 2020 - Forecast to 2025

Fri, 05 Feb 2021 12:58 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Micro-Optic Component Optical Isolators & Fiber Optic Circulators Global Market Forecast & Analysis 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Global Industrial Emission Control Systems Market Size & Forecast 2021-2025: Electrostatic Precipitators, Catalytic Systems, Fabric Filters, Scrubbers, Cyclone Separators, and Others

Fri, 05 Feb 2021 12:53 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Global Industrial Emission Control Systems Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.

Growing Industrial Activities, Rising Construction Activities, Escalating Infrastructure Investments

Worldwide X-Ray Security Screening Indsutry to 2027 - Featuring Adani, Analyzed Images & Astrophysics Among Others

Fri, 05 Feb 2021 12:48 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "X-Ray Security Screening (Aviation, Maritime, Land Transportation, Defense, Postal, Perimeter, Building, Baggage, Cargo, People, Container & Vehicle) Market with COVID-19 Vaccines Impact Analysis - 2021-2027" report has been added to ResearchAndMarkets.com's offering.

This report contains a thorough analysis of 6 vertical and 6 technology sectors, 5 regional and 24 national markets, detailing 2020-2027 market size of 156 sub-markets. According to the report, the market is expected to grow to $2.6 Billion by 2027.

Outlook on the Medical Sterilization Equipment Global Market to 2025 - Insights, COVID-19 Impact, Competition and Forecast

Fri, 05 Feb 2021 12:43 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Global Medical Sterilization Equipment Market - Analysis by Mode of Sterilization (High Temperature, Low Temperature, Radiation, Others), Service, End-User, by Region, by Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

Global Medical Sterilization Equipment Market was valued at USD 6.110 Billion in the year 2019. Escalating number of cases related to chronic diseases with growing prevalence of cardiovascular and neurological ailments, gastrointestinal disorders supported by ever growing geriatric population and companies investing heavily in incorporating advanced sterilization technologies in order to offer high quality, latest sterilization technologies service to hospitals with growing transmission of coronavirus across the world. These factors are anticipated to infuse growth in the market for Medical Sterilization service during the forecast period of 2020-2025. Growing trend of partially outsource sterilization services can also be observed in the medical and pharmaceutical industry.

Under the Mode of Sterilization segment, amongst the type of sterilization equipment, high temperature sterilization is anticipated to grow at an augmented pace due to faster and efficient turnaround cycle. Growing prevalence of healthcare associated infections globally, has been boosting the demand for sterilization equipment in hospitals. Healthcare workers and manufacturers collaborating with hospitals and pharmaceuticals manufacturer to better understand their demand and meet their requirements with surging number of coronavirus patients will be pushing growth in the market for Medical Sterilization service during the coming years.

High demand for sterilization equipment from pharmaceutical industry in order to ensure the efficacy of the final drug product has been a key factor behind its massive share in the market. Growing prevalence of healthcare associated infections globally, has been boosting the demand for sterilization equipment in hospitals. Also, persistent threat of Covid-19 will be driving the pharmaceuticals companies to develop effective sterilizers. Hospitals and pharmaceutical manufacturing, has been forecasted to supplement the market growth in the coming years.

Among the region, higher per capita expenditure on healthcare in developed regions such as North America and Europe has been boosting the market for sterilization equipment. Even though, APAC and Middle East & Africa regions hold less share, they are expected to display a robust growth during the forecast period.

Scope of the Report

Global Telecom API Market (2021 to 2026) - by Technologies, Application and Service Types, Stakeholders, User Types, Deployment, and Platform as a Service Types

Fri, 05 Feb 2021 12:38 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Telecom API Market by Technologies, Application and Service Types, Stakeholders, User Types, Deployment, and Platform as a Service Types 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.

Global Fiber Laser Market (2021 to 2025) - Featuring ABB, Amonics and Coherent Among Others

Fri, 05 Feb 2021 12:33 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Global Fiber Laser Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.

The publisher has been monitoring the fiber laser market and it is poised to grow by $9.92 billion during 2021-2025 progressing at a CAGR of 12% during the forecast period. The report on fiber laser market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for high-powered fiber lasers, demand for enhanced productivity and declining demand for CO2 lasers.

The fiber laser market analysis includes application segment and geographical landscapes. This study identifies the growth of the 3d printing market as one of the prime reasons driving the fiber laser market growth during the next few years. Also, demand for 1-2 kW laser sources and increasing demand for nanosecond pulsed fiber lasers will lead to sizable demand in the market.

The report on fiber laser market covers the following areas:

Worldwide Data Catalog Industry to 2026 - Surging Appropriation of Self-Service Analytics is Driving Growth

Fri, 05 Feb 2021 12:28 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Data Catalog Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The Data Catalog Market is expected to grow at a CAGR of 25.7% over the forecast period 2021 to 2026. A catalog is an information directory that gives information about the data sets, files, or databases. It describes where a data set is located and also some other information regarding the type of device on which the file is stored.

The requirement to access massive volumes of data collected at heterogeneous sources to get a consolidated view of data for improving the decision-making process, production of vast amounts of data, and growing adoption of self-service analytics are principal driving factors for the market.

For instance, according to Cisco Systems, in 2022, global consumer IP traffic is expected to reach 333 exabytes per month at a 27% compound annual growth rate. Consumer traffic includes fixed IP traffic generated by households, university populations, and internet cafes. Consumer IP internet traffic amounted to 167 EB per month in 2019.

Moreover, according to Seagate Technology PLC, the total amount of data created, copied, captured, and consumed in the world is forecast to proliferate, reaching 59 zettabytes in 2020. The accelerated development of digitalization adds to the ever-growing global data sphere.

In the deployment mode segment, the cloud deployment mode is expected to hold a larger market size and grow at a higher CAGR during the forecast period. Cloud-based solutions offer extensive and agile solutions to end-users in the data catalog market.

According to Unitrends Inc., as of 2019, 31% of respondents stated that their organization had over 100 terabytes of data that required protection, 20% more than 2016. As data volumes increase rapidly, companies resort to cloud storage to back up their data.

Moreover, the ever-increasing number of cloud apps and the digital transformation of processes increase the amount of data available exponentially, hence propelling the need for the data catalog solution. However, the lack of standardization in data management and data security & privacy concerns among different enterprises hampers the market growth. Furthermore, a surge in the investment in the AI-enabled data catalog solutions and a rise in automation technology are anticipated to create major opportunities in the data catalog market.

Key Market Trends

Solutions Segment is Expected to Hold a Larger Market Size

Global Blockchain Supply Chain Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts

Fri, 05 Feb 2021 12:23 GMT

Dublin, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The "Blockchain Supply Chain Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The Blockchain Supply Chain Market is expected to grow at a CAGR of 81.7% over the forecast period 2021 to 2026. A growing requirement for supply chain transparency and surging demand for heightened security of supply chain transactions are significant growth factors for the market. Increased automation and removal of intermediaries with blockchain in supply chain management would generate possibilities for market growth.

The platform component part dominated the overall blockchain supply chain market and is anticipated to remain aggressive due to an increase in the adoption of blockchain platforms to streamline the supply chain processes. The segment is anticipated to observe a significant growth in the upcoming years due to the advent of affordable and diverse pricing plans offered by market players.

During a 2019 survey by Kenco Group, 40% of supply chain leaders stated they intend to invest in blockchain technologies. In that same survey, 46% of respondents revealed that they plan to invest in sensors and the Internet of Things (IoT). As per the same source, in 2019, supply chain leaders show a greater willingness to take a risk on new technologies, as 46% of respondents say they are willing to spend 10-24% more on innovation, up from 24% in 2018 and 29% in 2017.

Forward-thinking companies are planning to invest when blockchain gets to the point that it can deliver value. However, blockchain has yet to provide full value beyond food or pharmaceutical applications. As a result, only 6% of supply chain leaders consider blockchain to be a high priority in 2019, according to Kenco Group.

The increasing number of smartphone and tablet subscribers has resulted in the rapid growth of the E-Commerce sector. For example, according to Experian Plc., 97% of tablet owners have purchased their device, and 83% have engaged in shopping-related activities immediately before, during, or after visiting a store. This happens to be a significant factor leading to opportunities for the blockchain market in supply chain management.

Return fraud and abuse costs retailers USD 777,877 per USD 1 billion in sales, according to the National Retail Federation's 2018 Organized Retail Crime Survey. Blockchain can assist retailers in authenticating and managing these transactions to decrease return fraud. One firm that has implemented this tech is the clothing retailer EVRYTHNG, which has set its wares with digital identities at the point of manufacture to be traced throughout their lifecycle.

Healthcare service providers are performing blockchain technology to control and track healthcare products from production to delivery continually. Also, blockchain supply chain offerings enable pharmaceutical companies to decrease the illegal activities, such as counterfeit drugs and unlawful production of harmful medicines, improper stock control.

A smart contract is a supply chain computer protocol that digitally facilitates, verifies, or enforces the negotiation and performance of an agreement and ultimately makes tracking shipments and deliveries relatively easier. Now, organizations are leveraging the blockchain in smart contracts, further fueling the blockchain market in supply chain management.

Key Market Trends

Retail & Consumer Goods to Dominate the Market