ReleaseWire Connect

The global DRM market has been witnessing significant growth from the past few years. Among all, European region is exhibiting huge growth on the account of growing e-book readers in the region. Also, with government support and well established digital right association, European DRM market is anticipated to grow tremendously in near future. Overall, the global DRM market is projected to grow at a CAGR of 25% during 2013-2017.

There is an undisputed demand for women innerwear in India as it is one of the necessary apparels having no substitutes. According to a new report by RNCOS “Indian Women Innerwear Market Forecast to 2015”, tier II and tier III cities still don't have much exposure to the organized women innerwear market and are mostly dependent on the unorganized segment. Small cities still do not have the presence of premium brands, and also do not have many options either in the local shops. Therefore, in order to tap on to these unexplored segments, many companies have incorporated online retail formats for the sale of women innerwear.

The country has been emerging as a luxury tourism destination as more number of foreign tourists is looking into Vietnam for luxury travels. Vietnam offers a magical mix of tropical beaches, post-colonial charm, a string of world heritage sites, stunning inland scenery, a world-renowned cuisine, and a home-grown flair for hospitality. With new luxury hotels and world- class golf courses having recently opened or set to open soon, and the introduction of luxury train journeys, exclusive cruises and upscale private tours spanning the length of the country, Vietnam is fast emerging as an exciting destination for the high-end travelers.

Customers in the UAE are finding themselves comfortable with purchasing online, following the footsteps of their Western counterparts. The UAE consumers have begun embracing the convenience and ease of purchasing items over the internet. In 2011, 42% of UAE shoppers accessed the internet for online shopping, up from 33% in 2010 as per MasterCard survey. Increasing number of Internet users in the UAE reveals high adoption of e-commerce in the well off and booming economy. The sales of retail products via Internet along with rising number of online users in the UAE are opening new vistas for retailers. Hence, online retailing is a lucrative option for retailers to add more value to their total revenue generation.

United States natural gas industry has been experiencing revolutionary growth with the development of new and innovative technologies. The shale gas boom, combined with easier access to new and vast natural gas supplies, has led the US shale gas production to soar dramatically since 2007. This has created a surge in demand for steel tubes to use for drills, well casing, pipelines and other equipment. In addition, steel manufacturers are also investing to boost their production capacity for pipes and tubes. Therefore, the growth in natural gas industry is supporting growth in the US steel industry.

The Saudi Arabia government is shifting concentration from oil and gasoline companies (which have long been a major source of wealth for the nation) to other industries. Thus, various job avenues are opening up in Saudi Arabia, which has led to the demand for skilled workforce in various industries. According to a new report by RNCOS, “Saudi Arabia Education Forecast to 2017”, new job prospects have been opening in IT, healthcare and other industries. These enterprises are aiming to recruit people with satisfactory qualification and with the desired skill set.

The medical tourism industry of South Korea has been growing at a fast pace from past few years. Global reputation of Korea in plastic surgery attracts foreigners, as it provides them better treatment at low cost. Korean doctors have got the required expertise and skills in various surgical procedures, such as aesthetic and cosmetic treatments, thereby, boosting country’s worldwide reputation.

Gene therapy applications pertaining towards treatment for specific diseases have been significantly increasing in the past few years. Across the globe scientists have been progressively working to develop advanced disease therapies in order to determine root cause of disease. Even array of developments deploy combination of gene therapy with stem cell technology to provide commercialized disease therapy. Besides, newer and advanced gene therapy methods has proved as advancement in the medical research and strengthened the research based approach for innovative products.

US nutraceutical market is growing immensely as world's largest business territories for health and dietary supplements, bolstered by growing population. Further, rising prevalence of diseases such as cardio vascular and other acute diseases is also boosting the growth in the market. Meanwhile, country’s economy is also rebounding after the economic slowdown to reach its pre-crisis levels. Driven by the above favorable demographics, it is projected that the US nutraceutical market will grow at a CAGR of around 6% during the forecast period 2013-2017.

Over the past decade, the bioinformatics market has been witnessed a strong growth potential worldwide. This growth has increased the demand for skilled personnel in the industry while due to rising cost; biotech organization are facing tough time to invest on their R&D teams. In this scenario, outsourcing has emerged as a potential savior for industry’s revival.