ReleaseWire Connect

Fraud Detection & Prevention Market by Solution, Services, Deployment Type, End User, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2016-2023, the global fraud detection & prevention market was valued at $13,644 million in 2016, and is expected to reach $40,610 million by 2023, growing at a CAGR of 17% from 2017 to 2023. The banking, financial services & insurance (BFSI) and manufacturing sectors are expected to dominate the global market. North America was the leading contributor to the global revenue, whereas, Asia-Pacific is projected to be dominant region by 2023.

North America Text Analytics Market by Application (Search- based Application and Enterprise Application), Deployment Model (On premise Deployment Model and Cloud based Deployment Model) - Global Opportunity Analysis and Industry Forecast, 2017-2023.

IoT monetization is defined as the process of generating revenue from the IoT-enabled products and services. Owing to the growth in dependence of the users on the IoT-based products and solutions, the companies charge the users for some extra features or for the entire product as a service. For instance, automotive leader Audi AG generates revenue from its IoT-based solution Audi Connect.

Business travel segment is expected to grow at a highest CAGR of 26.1% due to increasing spending on business travels in economically developed nations such as China and India.

The estimated size of the natural gas resources has steadily risen since the 1990s, due to the increased feasibility of extracting gas from unconventional deposits. LNG, which includes shale gas, tight gas, coal bed methane, and methane hydrates, has been difficult and expensive to exploit than conventional deposits, until recently. These resources are projected to help close the widening gap between domestic production and consumption, but present greater environmental challenges in their production.

The popularity of sports is accelerating at a rapid pace, as sports inspires, engages, immerses, and evokes emotions in individuals. In addition, high focus on fan engagement & marketing through social media & other promotional platforms, increased penetration of internet & digital audience, and growth in female viewership is propelling the sports industry and its supplementary industries including sports graphics market.

Protective & Marine Coatings Market was valued at $18,437 million in 2016, and is expected to garner $31,047 million by 2023, registering a CAGR of 7.7% during the forecast period 2017 - 2023. The protective & marine coatings are used to guard the base construction materials from corrosion and moisture. These coatings, when regularly applied, offer a long-range protection that extends the life expectancy of a structure. There are various types of equipment & buildings that require a protective and/or finish coating, based on environmental requirements and materials involved.

Global Balsa Core Materials Market was valued at $190 million in 2016, and is expected to reach $272 million by 2023, registering a CAGR of 5.3% from 2017 to 2023. Balsa core possesses high compressive properties including enhanced thermal insulation and acoustic absorption. This material is widely applicable in wind energy, aerospace, marine, construction, and transportation sectors.

With the diminishing crude oil resources, the oil industry demands more futuristic procedures for the exploitation of natural resources. And consequently, the use of oilfield chemicals is becoming increasingly important. These chemicals are employed in oilfields daily to improve the recovery of oil from oil-wells. Different processes involved in the oil recovery include drilling, well stimulation, oil exploration, production, and maintenance. The chemicals used include drilling fluids, cementing additives, well stimulation fluids, and workover & completion fluids. Oilfield chemicals find application in corrosion inhibition, scale inhibition, hydrate inhibition, paraffin control, asphaltene control, oxygen scavenging, demulsification, foam control, pest control, emulsification, drag reduction, gelling, friction reduction, fracking, anti-freezing, and much more. Most chemicals are used for a particular operation during the oil recovery. Nonetheless, certain chemicals are used for more than one purpose, especially surfactant chemicals.

Increase in demand to enhance the aesthetic beauty and growth in preference for minimally invasive procedures majorly drive the market. In addition, increase in pool of geriatric population and introduction of better facial injectable such as synthetic calcium hydroxyl apatite fillers boost the market growth. However, strict regulatory concerns of injectable products and side effects of such products such as rashes restrict the market growth.