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According to a new research report by RNCOS, “Global Consumer Electronics Market Forecast 2018”, the global consumer electronic market is growing at a high pace owing to the increasing demand for consumer electronic products in different countries around the world. Moreover, introduction of various new technological products like Smartphones, Tablets, 3D TVs, etc., are also driving the growth of global consumer electronic market. Further, manufacturers are also introducing customized products for different countries to cater to the demand from various regions. All the above reasons coupled with growing thirst among consumers for procuring advanced technologies, will provide a boost to the consumer electronic industry in the coming years as well.

Though the popularity of payroll and travel cards is increasing in the country, their penetration is still less. According to a new report by RNCOS, “Indian Prepaid Card Market Outlook 2018”, the penetration of travel cards and payroll cards is very low in the urban areas and almost negligible in the rural areas. However, with efforts of several banking and non-banking institutions, to increase the popularity of such cards, coupled with growing acceptance of these cards among consumers, the penetration of payroll and travel cards is expected to increase in the future.

The increase in the food trade across the nations is increasing the scope for wider spread of food contaminants. With the rising contamination in the food items, the food safety concerns are booming. Food contaminants like pathogens, pesticides, toxins, GMO, and certain other unwanted particles are creating a threat to consumer health, leading from mild allergy to fatal effects. According to a new report by RNCOS “Global Food Safety Testing Market Outlook 2018”, natural food toxins are posing threat to human health and hence are occupying a fair share in global food contaminant testing market.

Fuel Cell technology is gaining worldwide acceptance due to its high efficiency over other energy sources and it is expected to become the best replacement for conventional energy sources. Among all, application of fuel cells as backup power systems in the telecom market is gaining huge popularity in US now-a-days due to its longer life than their battery counterparts and a lot less weight. Further, following the lead of major telecommunications companies in the US, there has been a recent surge in orders, sales and deployments of fuel cells in international markets, such as in Latin America, the Caribbean, Indonesia, India, the Middle Middle-East, Africa, Japan and China.

The explosion of whole genome sequencing method anticipate personalized cancer treatment through development of high end sequencing methods along with exponential decline in the cost of sequencing. A significant decline in the cost of whole genome sequencing is likely to generate a potential market of US$5.2 Billion in 2013. The potential for whole genome sequencing help the market players to gauge maximum opportunity for growth.

Even though there has been tremendous growth in the NIPT market in the past few years, the players haven’t been able to tap the complete market. In 2013, the US NIPT market was estimated at US$ 165 Million whereas the potential market for high risk pregnancies was almost three times more than this figure. This indicates that till date only 35% of the high risk market has been tapped while much of it remains unexplored. This untapped potential can serve as a gateway for existing NIPT players as well as those who intend to foray into the NIPT market.

Antibody Dug Conjugates have been attracting a lot of interest from researchers and pharma giants across the world. This surge in interest can be attributed to improved technologies that have enhanced the potential of ADCs. Pharma giants are indulging in strategic moves such as collaborations, mergers and acquisitions, being made in order to combine technologies and capabilities from other companies with inherent ones for the development of ADCs. For example, Sorrento Therapeutics recently acquired Concortis Biosystems, a deal which will provide Sorrento with a technology platform for the production of ADCs.

Software Defined Networking market is growing tremendously and expected to gain momentum considerably well in the coming years, owing to the increasing need of mobility in the enterprises. Furthermore, It is suggested that in future the scope of enterprise mobility will be widespread and it would create an incremental value for the software defined network vendors as Software defined networking supports full mobility of virtual machines, which in turn enables operators to optimize resource utilization.

The US healthcare IT market is gaining momentum owing to technological advancements and stricter regulations for the industry. Additionally, rapidly growing merger & acquisitions among industry players, to expand their market share and gain a competitive clout over other participants, are providing requisite boost to the healthcare IT industry in the country.

Saudi Arabia is in a process of development of four new economic cities. The economic cities being developed in the kingdom include King Abdullah Economic City (KAEC), Jazan Economic City (JEC), Prince AbdulAziz bin Mousaed Economic City (PABMEC) and Knowledge Economic City (KEC). According to a new report by RNCOS “Saudi Arabia Steel Industry Outlook 2018”, these economic cities are being developed to help the Kingdom to achieve its economic goals, like diversifying the sources of economic resources, achieve sustainable development and raise the share of the non-oil sector in the Gross Domestic Product (GDP).