Auctions

Converged Infrastructure Market accounted for US$ 7.23 billion in 2020 and is estimated to be US$ 48.36 billion by 2030 and is anticipated to register a CAGR of 19.8%.  The market for converged infrastructure is quickly expanding because it lowers the total operating cost of an IT infrastructure and provides organisations with a high level of flexibility. Converged infrastructure has reduced the burden of building and operating networks, storage, servers, and other data-driven business applications. Converged infrastructure also decreases corporate risk by providing high accessibility and consistency, less disruptive updates, and a reliable disaster recovery platform. Converged infrastructure solutions enable organisations to gain agility and automation through the use of tightly integrated hardware and software products. The report "Global Converged Infrastructure Market, By Component (Server, Storage, Network, Software, and Services), By Architecture Type ... Continue reading →

Automated Guided Vehicle Market accounted for US$ 5.43 billion in 2020 and is estimated to be US$ 24.05 billion by 2030 and is anticipated to register a CAGR of 16.2%. The automated guided vehicle market is growing due to an increase in demand for automation and automated guided vehicles in many industries, as well as improvements in safety, accuracy, and productivity. In addition, lower labour costs in companies help to drive market expansion. However, the automated guided vehicle market's growth is hampered by high initial investment costs and a lack of flexibility. Further, implementation of industry 4.0 is predicted to give attractive growth prospects for firms functioning in the automated guided vehicle market. The report " Global Automated Guided Vehicle Market, By Type (Tow Vehicle, Unit Load Career, Pallet Truck, Forklift Truck, and Others), By Technology (Laser Guidance, Magnetic Guidance, Natural Navigation, and Vision Guided), By Application ... Continue reading →

Increasing digitization across various industries and technological advancements in the field of automotive, consumer electronics, healthcare, etc., are major factors expected to drive the growth of the global Gesture Recognition Market over the forecast period. Also, rising consumer demand for comfort and convenience in product usage and increasing implementation of Internet of Things (IoT) are some other factors projected to further propel the growth of the target market over the forecast period. Moreover, rising awareness regarding driver safety and regulations is another factor propelling the growth of the target market in the automobile industry. For example, Delphi Technologies added a new dimension to the touch-free cockpit experience. The company developed a technology that tracks eye movement, to detect where the driver is looking, and infer the action that an infotainment system has to carry out. Furthermore, increasing innovative gesture recognition features and rising ... Continue reading →

Human Capital Management Software Market is estimated to grow with a CAGR of 6.1% during the forecast period   Human Capital Management Software Market size was valued at USD 16.3 billion in 2020 and expected to expand to USD 29.34 billion at a compound annual growth rate (CAGR) of 6.1%.  Human capital management (HCM) software, also known as an enterprise application solution, has become a necessity for all businesses as it automates time-consuming clerical duties such as employee data entry, payroll, and benefits administration. Human capital management include the recruitment, training, and upgrading of skillsets of personnel, as well as the full exploitation of knowledge, all of which benefit the firm and improve overall workflow processes. The report " Global Human Capital Management Software Market By Type (Software (Human Resource Management, Workforce Management, Sourcing and Recruiting, Applicant Tracking System, Staffing Vendor Management, and Others ... Continue reading →

The report "Global Plastic Recycling Market, By Material (PET, PP, PVC, and Others), By Recycling Process (Mechanical and Chemical), By Source (Bottles, Films, Foams, and Others), By Application (Packaging, Building and Construction, Automotive, and Other), and Region - Global Forecast to 2030"  The plastic recycling market accounted for US$ 42.6 billion in 2020 and is estimated to be US$ 79.9 billion by 2030 and is anticipated to register a CAGR of 6.6%. Growing awareness associated with energy saving benefits in the manufacturing of recycled plastics over virgin plastics is major factor driving growth of the global plastic recycling market. In addition, huge demand for plastics across various packaging industries and negative environmental impact of plastic disposal is propelling growth of the global plastic recycling market. Government support to use recycled plastics in developed countries and increasing use of recycled plastic in ... Continue reading →

IT Professional Services Market accounted for US$ 654.34 billion in 2020 and is estimated to be US$ 1987.47 billion by 2030 and is anticipated to register a CAGR of 11.9%.  Project-oriented services, ITO services, IT support and training services, and enterprise cloud computing services are all integrated into business operations by IT professional services. Regardless of the industry vertical, businesses are turning to IT professional services for a variety of reasons, including accurate forecasting and Corporate Intelligence (BI), which aid in optimising business processes, reducing waste, and improving organisational profits. Business analytics services may also assist businesses and organisations in finding growth prospects and cost-cutting opportunities. The report " Global IT Professional Services Market, By Type (Project-oriented Services, ITO Services, IT Support and Training Services, and Enterprise Cloud Computing Services), By Application ... Continue reading →

Growth in scope of application for the product in footwear and growing awareness about animal rights along with stringent laws regarding the usage of real leather is expected to further boost the product demand  The synthetic leather market accounted for US$ 29.2 billion in 2019 and is estimated to be 95 billion by 2025 and is anticipated to register a CAGR of 5%. The report. "Global Synthetic Leather Market, By Type (Polyurethane (PU) Synthetic Leather, Polyvinyl Chloride (PVC) Synthetic Leather, and Bio Based Leather), By Application (Furnishing, Automotive, Footwear, Bags & Wallets, Clothing, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”. Key highlights: On July 31, 2019, Asahi Kasei Corporation declared that it would operate regional headquarters in Thailand in order to increase its presence in the market in ASEAN. The company also ... Continue reading →

According to the founder and CIO of Bay Capital, Siddharth Mehta says post-pandemic consumer awareness and growing needs for digital platforms have increased and businesses will need to move digital if they want to grow in an Indian market.  Continue reading →

  Retail Cloud Market accounted for US$ 19.61 billion in 2020 and is estimated to be US$ 89.31 billion by 2030 and is anticipated to register a CAGR of 16.5%. Retailers are transitioning from a customer interaction-centric to a customer engagement-centric approach, with digitization playing a key role. With an increasing number of customers turning to online platforms, retailers are concentrating on meeting those needs, especially through improving the shopping experience and rethinking delivery methods across all touch points and channels. Cloud computing technology enables merchants to comprehend shifting market conditions by providing precise, cost-effective, and flexible solutions. The report "Global Retail Cloud Market, By Type (Solution (Supply-chain Management, Customer Management, Merchandizing, Workforce Management, Reporting & Analytics, and Other Solutions (Data Security and Omnichannel)) and Service), By Deployment (Public Cloud, Private Cloud, and ... Continue reading →

Travel Insurance Market size was valued at USD 22.24 billion in 2020 and expected to grow to USD 110.52 billion at a compound annual growth rate (CAGR) of 17.6%. Travel insurance protects you from unexpected costs and risks while you're on the road. It serves as a safety net in scenarios such as trip cancellation due to medical emergencies, baggage loss, medical evacuation or hijacking, and loss of travel papers, to name a few. Travel insurance provides financial protection for expenses or losses incurred as a result of unforeseen circumstances while travelling domestically or internationally. It usually covers the costs of lost or stolen items, emergency medical treatment, unexpected death, and travel cancellation and interruption. It kicks in on the day of travel and lasts till the insured returns home. Several firms now offer travel insurance with emergency services such as replacing lost passports, cash wire help, and rebooking cancelled flights that are available 24 hours a ... Continue reading →