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With the rising number of individuals owing homes, especially in developing countries, the home décor market is on a rise globally. In home décor, things like furniture, textiles and floor covering are used to enhance the living space. One factor responsible for the rapid increase in the home décor market is the expansion of the real estate industry.

The residential water treatment equipment market in South America is rapidly growing and the technology has a decent penetration rate in urban South America. Owing to deteriorating water quality and rising consumer expectations regarding the quality of drinking water, demand for water purifiers in the region is anticipated to increase. The South America residential water treatment equipment market has been estimated to be valued at more than US$ 330 Mn by 2016 end and is expected to register a CAGR of 9.2% during the assessment period (2016–2026).

Introduction

The Asia Pacific (APAC) heart health market is expected to reach US$ 655.7 Mn by the end of 2026. The sales revenue is also expected to increase at a CAGR of 6.8% over the forecast period. As people aged 45 years and above are more prone to chronic diseases, people prefer to take preventive measures instead of cures, which is a factor driving demand for health supplements and functional foods. A continuous increase in heart patients is expected to impact growth of the heart health functional food market across APAC during the forecast period.

Increasing dependence on digital information management for efficiencies and accuracy has led towards adoption of solutions such as eDiscovery especially among legal firms and enterprises.

Home Wi-Fi security solutions are smart security devices, capable of protecting connected devices from various virtual intrusions such as viruses, malware and hackers. These security devices are connected to the wireless Internet network, and services can be availed by any customer, irrespective of their wireless or home broadband service provider. Devices can be managed either in the home, or remotely via smartphones, tablets, or PCs, using a secure login.

Market drivers

Wide availability of low-cost sensors, growing infrastructural development across the globe, and increasing government initiatives towards public safety and structural health monitoring system standardisation are factors expected to drive growth of the global structural health monitoring market over the forecast period.

Adoption of automated vehicles and technology will continue to gain traction in the mining industry, as operational efficiency and safety gain centre stage. During the forecast period 2015-2020, the global smart mining market is anticipated to increase at a compound annual growth rate (CAGR) of 14.5%, and rake in US$ 13 Bn in revenues. The key areas which are currently witnessing increasing automation include surface drilling technologies, simulator training, and machine guidance.

More consumers are opting for easy-to-apply cosmetics over time-consuming beauty care products, necessitating the deliverance of innovative packaging solutions for such personal care goods.