ReleaseWire Connect

Proliferation of e-commerce has prevailed since the past couple of years transforming the online retailing sector worldwide. Growing e-commerce platforms coupled with increasing inclination of customer toward using online retail channels continue to influence the growth of the e-commerce software and platform market. User-friendliness and affordability of e-commerce software are expected to fuel the demand for e-commerce software and platform across a cohort of industries. With significant growth in the e-commerce sector, stakeholders involved in the e-commerce software and platform can expect momentous growth in the coming years that is largely influenced by several macroeconomic and industry- related factors. Fact.MR foresees that the demand for e-commerce software and platform is projected to expand at a CAGR of 12.5% in terms of value during the period of assessment, 2018-2028. Moreover, the report estimates that the sales of e-commerce software and platform are likely to surpass US$ 13,000 Mn by end of the year of assessment.

Fact.MR has announced the addition of the “ Clinical Trial Management Systems Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028"report to their offering.

Business workflow automation is witnessing increasing demand by businesses in order to streamline workflow and business process. Hence, leading companies are offering workflow automation solutions that are easy to implement and also helps in setting standards and tracking the performance of the employees. Software providers are also focusing on providing business workflow automation solution on basis of the industry. For instance, companies are offering services and tools that can improve the way a particular industry or sector is dealing with the documents and various business operations. With efficiency, productivity and accuracy becoming core objective of businesses, the demand for data capture automation tools is also rising. The increasing adoption of cloud systems, is also driving the use of cloud-based business workflow automation. Companies are also outsourcing workflow automation software development to effectively track and execute business processes.

The data creation and consumption is growing by leaps and bounds. This has resulted in the increasing investment in big data analytics software, services, and hardware. Big data technologies are helping companies to gain useful information from both structured and unstructured data from various sources. The latest trend that is gaining traction in the big data and service market is the growing importance of big data technology in Internet of Things (IoT). With the rise in adoption of IoT by various industries, a large volume of data is being generated. Hence, in order to process large data and gain actionable insights, these industries are moving towards adopting big data services. Moreover, large amount of data is expected to be stored locally, as countries like China and Russia have already passed data localization laws.

Main objective of a hazard control system is to protect workers from being exposed to occupational hazards. With growing awareness of such hazards, several safety organizations have promoted hazard control system to be a standard practice in workplaces. Hazards occurring in workplace can be controlled by variety of methods depending on type and need for application. Adoption of combination of methods has proven to be more effective which in turn influence growth of the hazard control market. Rapid growth of industrial sector in emerging economies such as China and India has led to surge in the demand for hazard control systems in the recent years.

G Suite technology services market reported a revenue generation of nearly US$ 214 Mn in 2017 and is expected to witness a 1.2x growth in 2018, according to Fact.MR estimations. Overall market growth is likely to be driven by,

Free fall lifeboats are gradually becoming one of the common life-saving appliances on marine vessels and offshore facilities. Due to safety improvement and potential advantages over conventional lifeboat systems, free fall lifeboats are gaining increasing popularity among marine fleet. Moreover, several maritime regulatory authorities have accepted and conducted certification processes for free fall lifeboats. Conventional lifeboat systems often lead to accidents while launching and lowering into high wind and rough seas, this has led to increase in the demand for free fall lifeboats. These boats fall freely into the sea, substantially reduce the risk associated with conventional variants, and move away from the damaged vessel during and after the entry of water.

Fact.MR has announced the addition of the “Insulation Tester Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028"report to their offering.

Fact.MR has announced the addition of the “Ultrasonic Welding Machine Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028"report to their offering.

Soft magnetic composites (SMCs) market continues to be influenced by a range of factors, notably rising palpability of silicon ferrite in inductors, and increasing preference for soft magnetic materials in electronic components. Worldwide sales of soft magnetic materials exceeded US$ 18,000 Mn in 2018, according to a new Fact.MR study. Focus of utility equipment manufacturers on curtailing core losses, and leveraging renewable energy sources to meet growing power demand will significantly underpin demand for soft magnetic composites.