Global Printer Market Is Expected to Witness A CAGR Of ~6%: Ken Research

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What is the Size of Global Printer Industry?

Global Printer market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Printer Market is largely driven by advancements in cloud-based printing services, new product launches, and an increase in the numbers of small and medium-sized enterprises.

The R&D investment in technologies like cloud-based printing, laser printing, and 3D Printing is likely to propel the market growth during the forecast period (2022­–2028). For Instance, In April 2021, HP Inc. launched its smartest printing solution called HP+ for small and medium-sized enterprises (SMEs). the HP+ is connected to a smart app and a cloud-based system i.e. users can virtually print from any location. HP+ offers high security with enhanced productivity and sustainability.

The adoption of digitization in Government offices, Banks and Educational Institutes (digitization is the process of converting any document into digital forms such as images, pdf, or Digi locker) acts as one of the major challenges faced by the Global Printer Market.

Furthermore, The COVID-19 pandemic affected the sales of commercial, educational institutes, and government office printers but residential printers have shown a rise in sales. This is due to the lockdown imposed by the government leading to the sudden closure of schools, offices, and government offices.

Global Printer Market by Printer Type

The Global Printer Market is segmented by Printer Type into Multi-Functional and Standalone.

The Multi-Functional Device (MFD) segment is expected to witness the fastest growth during the forecast period, owing to its ability to perform multiple tasks.

The Multi-Functional device (MFD) or Multi-Functional Printer is adopted over standalone due to its ability to perform a variety of other tasks rather than just printing such as photocopier, scanner, and fax machine.

Many small and medium-sized enterprises (SMEs) are now adopting MFD over standalone as it reduces the overall cost drastically.  Furthermore, manufacturing companies are now focusing on developing such multifunctional products.

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Global Printer Market by Technology

The Global Printer Market is segmented by Technology into Dot Matrix Printer, Inkjet Printer, LED Printer, Thermal Printer and Laser Printer.

The laser printer is expected to witness the fastest growth in the technology segment during the forecast period due to its high printing speed.

Laser printers perform at better speed as compared to other inkjet and LED printers because the laser beam in a laser printer can move fast which helps it to print at high speed.

Although laser printer is expensive as compared to inkjet printer their overall operational cost is significantly lower this is because laser printers melt the toner powder on the paper for printing purposes rather than using the costly cartridge that inkjet printer uses.

Global Printer Market by Interface

The Global Printer Market is segmented by Interface into Wired and Wireless.

The wired segment accounted for the major share in the interface segment in 2022 due to its less installation cost.

The wired segment accounts major share of the printer interface market as the installation cost of wired printers is significantly low as compared to wireless printers, as well as wired printers are much faster than wireless printers.

The wireless printer is less secure as compared to the wired printer, as an unauthorized user can use the printer if the Wi-Fi network is less secure.

Global Printer Market by Output Type

The Global Printer market is segmented by Output type into Color and Monochrome.

The monochrome segment held the largest market share in 2022 due to the low price of monochrome printing ink as compared to color ink.

Color printing ink is more expensive as compared to monochrome ink as during printing any color document the printer uses four-color cartridges at once, thus leading to the emptying of cartridges earlier.

While for monochrome, printing the printer uses a single cartridge at a time thus making it more efficient as compared to color ink.

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By Printer Type

• Multi-Functional

• Standalone

By Technology

• Dot Matrix Printer

• Inkjet Printer

• LED Printer

• Thermal Printer

• Laser Printer

By Interface

• Wired

• Wireless

By Output Type

• Color

• Monochrome

By Application

• Residential

• Commercial

• Educational Institutions

• Enterprises

• Government

• Others

By Region

• North America (USA, Canada, Mexico)

• Europe (Germany, UK, Italy, France, Spain)

• Asia Pacific (China, India, Japan, South Korea, Indonesia)

• LAMEA (Latin America, Middle East, Africa)

Key Companies

• Brother Industries Ltd.

• Canon Inc.

• HP Development Company, L.P

• Konica Minolta Inc.

• Kyocera Corp.

• Lexmark International Inc.

• Ricoh Co. Ltd.

• Seiko Epson Corp.

• Sharp Corp.

• Xerox Corp.

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Global Printer Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research 

Global Pea Protein Market Outlook, and Revenue Forecast: Ken Research

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What Is the Size of Global Pea Protein Industry?

Global Pea Protein market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Pea Protein Market is largely driven by rise in the number of vegans, the popularity of plant-based & gluten-free goods, and the nutritional advantages of products made from peas.

The market for pea proteins is predicted to increase as a result of consumers' increased focus on their health and the replacement of traditional meat products like sausages and patties with plant-based alternatives. The market for plant-based proteins is anticipated to develop over the course of the estimated period as the number of vegan and flexitarian consumers rises.

ue to growing consumer awareness of their health, consumption of a diet high in protein content has increased dramatically. Furthermore, due to hectic lifestyles, consumers are forced to look for nutrients in packaged food products because they are unable to regularly consume a nutritionally adequate diet. As a result, producers of packaged foods are adding protein and other nutrient-rich components to food products. The primary causes influencing the adoption of a protein-rich diet are the rising prevalence of chronic illnesses brought on by altered lifestyles.

Pea protein market was impacted by the COVID-19 pandemic outbreak. However, as the market for online food and grocery purchases grew in the middle of the 2020s, these sales quickly rebounded.

Global Pea Protein Market by Type

The Global Pea Protein Market is segmented By Type into isolates, concentrates, textured.

The isolates segment held the largest market share in 2021, due to rising knowledge of the advantages of pea protein isolates and their high protein content.

Isolates are frequently utilized as nutritional supplements in meat products, energy drinks, fruit mixes, and bakery goods because of their excellent emulsification and non-allergic properties.

The high protein content, high emulsification, and stability features of isolates, and expanding application areas such as high-performance nutrition products and snack products are primarily responsible for the growth of the market.

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Global Pea Protein Market by Nature

The Global Pea Protein Market is segmented by Nature into Organic Conventional

Organic segment held the largest market share in 2021, due to growing interest in organic products as a result of the popularity of clean-label products and the expansion of certified organic pea farm production.

Organic pea protein concentrate is made by isolating the protein fraction from the carbohydrate and fiber components of organic pea seeds. Concentrates made from organic pea protein are less processed than isolates.

The need for natural products with fewer chemicals and additives is increasing the trend toward clean-label products, which is fuelling the expansion of the global organic pea protein market.

Global Pea Protein Market by Geography

The Global Pea Protein Market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America accounted for the largest market share in 2021 of the global pea protein market, the main factors driving the global market are the rising vegan population, the rising demand for health & wellness products, and the rising consumption of processed meat products.

Furthermore, it is anticipated that the availability of grains as sources of protein will decline due to growing grain consumption for bio-based compounds like canola and soy. As a result, pea protein is anticipated to become essential.

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Global Pea Protein Market by Form

The Global Pea Protein market is segmented by Form into Wet Dry.

Dry segment held the largest market share in 2021, primarily due to the low capital requirements, reduced energy and water usage compared to wet, and the significant demand for dry protein components from the food and beverage industry.

During dry processing, whole or dehulled peas are dried, ground, and milled. Protein and starch fractions are then separated depending on mass and various particle sizes using a spiral stream of air. Protein content in products created through dry processing ranges from 50 to 60 weight percent.

By Type

• Isolates

• Concentrates

• Textured

By Nature

• Organic

• Conventional

By Source

• Yellow Spit Pea

• Chickpea

• Lentils

By Form

• Wet

• Dry

By Application

• Meat Substitutes

• Functional Foods

• Bakery Products

• Beverage

• Dietary Supplements

• Others

By Geography

• North America (USA, Canada, Mexico)

• Europe (Germany, UK, Italy, France, Spain, Rest of Europe)

• Asia Pacific (China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific)

• LAMEA (Latin America, Middle East, Africa)

Key Companies

• Roquette

• Dupont

• Glanbia Nutritionals

• Ingredion

• Scoular

• Burcon

• Shandong

• Axiom

• Cosucra

• Sotexpro

For more insights on the market intelligence, refer to below link: –           

Global Pea Protein Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Global Seed Treatment Industry: Ken Research

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Global Seed Treatment Market By Function

The Global Seed Treatment market is segmented by Function into Seed Protection and Seed Enhancement.

The seed protection segment occupies the largest share of the seed treatment market when seen from the prism of functions. The seed enhancement segment mostly takes care of plant nutrition needs.

Seed protection procedures can be chemical or non-chemical/biological. Seed enhancement procedures involve the application of biologicals, such as bio-fertilizers, bio-stimulants, plant growth regulators, seed priming, and seed disinfection procedures.

Global Seed Treatment Market By Geography

The Global Seed Treatment Market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America is expected to dominate the global Seed Treatment market during the forecasted period owing to the presence of major companies such as Nvidia Corporation, Microsoft, Meta Platforms, and Unity Games.

North America is estimated to continue with its dominance over the seed treatment market even in the forecasting period, majorly due to the large-scale adoption of biotech crops in countries like the United States and Canada.

The United States has been one of the earliest adopters of Biotech crops. Biotech crops were introduced in 1996. Within the next seventeen years, by 2013, more than ninety percent of all cotton, soybeans, and corn planted in the United States was Biotech. More than 173 million acres were planted with biotech seeds in the United States by 2013.

Competition Scenario In Global Seed Treatment Market

The Global Seed Treatment market has nearly 150 players, including globally diversified players, regional players, and country-niche players having their expertise in addressing region-specific needs to treat seeds in a way that is conducive to the local climate conditions.

Large global players constitute ~20% of the market in terms of the number of competitors, while regional players hold the second largest share. Some of the major players in the market include Adama Agricultural Solutions, Bayer AG, BASF, Syngenta AG, Sumitomo Chemical Co., Ltd., Dow, Corteva, Inc., Croda International Plc., Nufarm, Novozymes, and more, among others.

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What is the Expected Future Outlook for the Overall Global SEED TREATMENT Market Across the globe?

The Global Seed Treatment market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Seed Treatment market is driven by rising demand of the seeds as it offers low-cost protection against diseases and soil-borne organisms and protects weak seeds, resulting in improved germination. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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With the increasing acquisition and emergence of new products, the Global Seed Treatment market is changing rapidly. For instance, In July 2022, ADAMA Limited launched Chrome, an innovative broad-spectrum weed control solution. Chrome is a liquid herbicide that is made by combining three active ingredients: Flufenacet, Diflufenican, and Chlorotoluron. As a simple and ready-to-use solution, Chrome is expected to effectively resist issues relating to grass and broadleaf weeds. ADAMA expects Chrome to prove effective in controlling weeds in the long run.

In September 2022, Syngenta became the exclusive worldwide commercialization distributor of Bioceres’s biological seed treatment solutions. The collaboration, which would also involve joint R&D efforts, is expected to bring speed to the market by expediting the global registration of products and the launch of new biological solutions.

Nufarm launched a host of new products, including the Leopard Herbicide in July 2022, and the Longbow EC herbicide. While Leopard is expected to introduce enhanced planting flexibility for soybeans, field corn, and cotton, Longbow EC is expected to control more than 60 species of broadleaf weeds.

The Global Seed Treatment Market is expected to continue growing on a steady and moderately-paced trajectory. The need for efficient farming is increasing worldwide. Farmers and agricultural farm owners are looking for ways to reduce the loss of yield, improve their seed’s germination potential, and protect seeds from the negative impacts of irregular climate, pests, insects, and diverse types of crop diseases. As of 2019, genetically modified crops occupied 190 million hectares of cultivable fields, indicating a growing inclination towards leveraging science and technology for the improvement of agricultural production. This inclination would serve as a tailwind for the Global Seed Treatment Market in the forecasted future.

Market Taxonomy

By Type         

• Chemical

• Non-Chemical

By Treatment / Application Technique

• Seed Dressing

• Seed Coating

• Seed Pelleting

By Crop         

• Grains and Cereals

• Oilseeds and Pulses

• Fruits and Vegetables

• Other Crop Types (Forages, Alfalfa, Flower seeds, etc.)

By Formulation         

• Liquid Formulation

• Dry Formulation

By Function  

• Seed Protection

• Seed Enhancement

By Region     

• North America (USA, Canada, Mexico)

• Europe (Germany, UK, France, Spain, Italy)

• Asia Pacific (China, Japan, South Korea, India, Indonesia, Australis)

• Latin America, Middle East, and Africa (LAMEA)

Key Companies        

• Adama Agricultural Solutions

• Bayer AG

• BASF

• Syngenta AG

• Sumitomo Chemical Co., Ltd.

• Dow

• Corteva, Inc.

• Croda International Plc.

• Nufarm

• Novozymes A/S

For more insights on the market intelligence, refer to below link: –           

Global Seed Treatment Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Global Ethernet Controller Market Outlook and Revenue Forecast: Ken Research

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Competition Scenario In Global Ethernet Controller Market

The global ethernet controller market is highly competitive with global, regional, and country niche players with the latter holding the largest share in terms of the number of competitors. It is estimated in Ken Research’s study that the market comprises nearly 250 players across the four major regions. It is also observed that the Asia Pacific region holds the highest number of country niche players, especially in China, Taiwan, and Korea. The leading global players generally have a long-term trade agreement with limited suppliers which allows them to maintain their position and brand awareness. Most of the country-niche players are start-ups in the Ethernet Controller market.

The large global players comprise about ~10% in terms of the number of company shares followed by regional players which account for ~30% of the number of the company share.

The Leading Country Niche players such as Netgear, Lantronix, Nomadix, and Extreme Networks are highly focused on providing a significant number of Ethernet Controller Solutions.

What is the Expected Future Outlook for the Overall Global ETHERNET CONTROLLER Market Across the globe?

The Global Ethernet Controller Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Ethernet Controller market is driven by increasing use of servers in data centers, surging number of OTT broadcasting service providers and traditional broadcasters. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing investments and emergence of new products, the Global Ethernet Controller Market is changing rapidly. For instance, In February 2022, Intel launched the Intel Xeon D- 1700, the following generation of Intel Xeon D processors, at MWC Barcelona 2022. This new Xeon D processor is designed and developed from the ground up with network and edge-specific features, comprising integrated AI and crypto acceleration, set up in Ethernet, support for time-sensitive networking and time-coordinated calculation, and manufactured-class duration. Furthermore, these new Intel Xeon D processors feature up to 100 GbE in the Ethernet output capability.

In January 2022, Realtek announced that by the end of the year it will be launching a 5GbE Single-Chip Ethernet Controller Series which is compatible with IEEE 802.3bz multi-Gigabit functions and also it will be the smallest 5GbE solution globally.

Furthermore, In September 2019, Marvell launched the family of the high-port count, ultra-low latency automotive switches with multi-gigabit routing output capabilities. This portfolio combines the industry's first high-port count aggregation switch, offering all ports at gigabit capacity allowing clustering of safety-critical detector data in an Advanced Driver Assistance System (ADAS) and data transfer over a high-speed PCIe host uplink.

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The Global Ethernet Controller Market is forecasted to continue moderate growth, which is primarily driven by the need for high precision and advancement in the banking, healthcare, retail, and logistic industries. The market size is estimated to be US$ 11 Bn in 2022 and is expected to reach US$ 15 Bn in 2028 growing with a CAGR of ~7%. North America is the dominant region in terms of revenue generation; however, the Asia Pacific region is expected to grow at a higher pace. Though the market is highly competitive with ~250 participants, few global players control the dominant share and regional players also hold a significant share.

By Bandwidth Type

• Fast Ethernet

• Ethernet

• Switch Ethernet

By Function

• PHY (Physical Layer)

• Integrated

By Application

• Servers

• Embedded Systems

• Consumer Application

• Routers and Switches

• Desktop Systems

• Others

• By Region

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North America

• USA

• Canada

• Mexico

• Germany

• UK

• France

• Italy

• Spain

• China

• Japan

• India

• Australia

• South Korea

• Europe

Asia Pacific

• LAMEA

• Latin America

• Middle East

• Africa

Key Companies

• Intel Corporation

• Broadcom Inc.

• Cirrus Logic Inc.

• Silicon Laboratories

• Texas Instrument Incorporated

• Marvell Technology Group Ltd

• Microsemi Corporation

• Realtek Semiconductor Corp.

• Mindspeed Technologies Inc.

• Siemens AG

• OMRON Corp.

• Comlab Telecommunications Inc.

For more insights on the market intelligence, refer to below link: -

Global Ethernet Controller Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Global Warehouse Management Systems Market Outlook, and Revenue Forecast 2022-2028: Ken Research

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What is the Size of Global Warehouse Management System Industry?

Global Warehouse Management System market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Warehouse Management System Market is largely driven by the development of digital technology in global logistics, including delivery of key performance indicators (KPIs), enhanced supply chain flexibility, and cost-cutting, which have pushed Third-Party Logistics (3PL) and the supply chain sector to adopt warehouse management systems along with the rising e-commerce and customer online purchasing behaviors.

WMS demand is expected to increase significantly as a result of switching supply chain strategies used by product manufacturers and rising consumer demand, especially in the transport & logistics, and retail industries. One of the key factors driving the market expansion is the requirement for manufacturers to automate warehouse management procedures and reduce costs globally. The system's capacity to deliver goods as quickly as possible via the shortest shipping routes could be the cause of the system's skyrocketing demand.

Furthermore, Despite the initial turmoil caused by the COVID-19 pandemic, steady market expansion was made possible by the booming e-commerce sector and a more useful understanding of the benefits of WMS. Additionally, the crisis has quickened the industry's adoption of WMS as well as other warehouse automation solutions.

Global Warehouse Management System Market by Deployment Type

The Global Warehouse Management System Market is segmented by Deployment Type into On-premise and Cloud-Based.

Cloud-based segment held the major market share in 2022 due to its 100% web-based feature and accessibility from any device with an internet connection.

Regardless of the size and complexity of the organization using WMS, advancements in cloud-based services are expected to accelerate the adoption of WMS software. Medium-sized and small-sized firms, which do not require the adoption of complex warehouse technologies and high-speed automation, are primarily responsible for the growing demand for cloud-based systems.

Global Warehouse Management System Market by Component Type

The Global Warehouse Management System Market is segmented by Component into Hardware, Software and Services.

The software segment accounted for the highest market share in 2022, mostly due to the growing use of WMS software by small to medium-sized enterprises (SMEs) globally.

Since online software is convenient to use, most developed and developing countries prefer to utilize it, which now has led to the software segment dominating the market.

In November 2021, Fishbowl, a software company, developed a new online version of its inventory management software.

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Global Warehouse Management System Market by Tier Type

The Global Warehouse Management System Market is segmented by Tier type into Advanced WMS (Tier 1), Intermediate WMS (Tier 2) and Basic WMS (Tier 3).

Advanced WMS (Tier 1) held the major market share in 2022 owing to the maximum level of interconnectivity and functionality of advanced wms.

Advanced WMS includes and fully integrates the main functions like slotting, labor management, transportation management, and yard management. Tier 1 WMS frequently provides the option to configure business rules within the system. Customization is enabled by the software without the need for extra, specialist programming which enables more seamless upgrading.

Global Warehouse Management System Market by Function Outlook

The Global Warehouse Management System Market is segmented by Function outlook into Labor Management System, Analytics & Optimization, Billing & Yard Management, Systems Integration & Maintenance and Consulting Services.

Systems Integration & Maintenance segment held the major market share in 2022, due to various functions that WMS performs such as receiving and storing inventory, optimizing order selection and shipping, and making recommendations on inventory replenishment.

Businesses can more effectively monitor and optimize their operations by integrating warehouse management systems with other effective software programs.

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Global Warehouse Management System Market by End-User

The Global Warehouse Management System market is segmented by Function into Automotive, Food & Beverages, Healthcare & Pharmaceuticals, E-commerce, Chemicals, Electricals & Electronics, Metals & Machinery, Retail & Consumer goods, Education, Transportation & Logistics, Manufacturing and Others.

The transportation and Logistics segment held the major market share in 2022, due to the expansion of e-commerce sector, rising income levels, and the quick adoption of WMS.

For more insights on the market intelligence, refer to below link: –           

Global Warehouse Management Systems Market Size, Segments, Outlook, and Revenue Forecast 2022-2028

Global Seed Treatment Market Outlook, and Revenue Forecast: Ken Research

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What Is the Size of Global Seed Treatment Industry?

Global Seed Treatment market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Seed Treatment Market is largely driven by rising demand of the seeds as it offers low-cost protection against diseases and soil-borne organisms and protects weak seeds, resulting in improved germination.

Another major factor, driving the agriculture industry to adopt Seed Treatment measures, is its capacity to empower seeds to fight against unfavourable weather conditions. Such unfavourable weather conditions might result in cold and damp soils or extremely dry soils that encourage the breeding, growth, and development of fungi spores. For instance, in the United States, in 2010 and 2012, high night time temperatures had an immensely negative impact on corn

yields. Similarly, premature budding caused by a warm winter resulted in losses worth US$220 million of cherries in Michigan in 2012.

Furthermore, Ingredients used in Seed Treatment products are harmful to humans, animals, and also to seeds in some cases. Treated seeds that go unsold cannot be used as animal feed. The limiting peripheral or ancillary use of these treated seeds often hampers the scalability of the market. Treating the seeds at the correct dosage rate is also critical to the treatment’s success. For instance, seeds with high moisture percentage can get easily damaged when treated with concentrated liquid products.

Global Seed Treatment Market by Type

The Global Seed Treatment Market is segmented by Type into Chemical and Non-Chemical.

According to Ken Research’s analysis, the majority of the seed treatment procedures are carried out through the Chemical route.

Chemical treatment of seeds can be done by applying insecticides, fungicides, or nematicides, including fumigants, carbamates, etc. Non-chemical or biological seed protection processes involve bio-insecticides, bio-fungicides, and bio-nematicides.

According to the observations put out by the Iowa State University, fungicide seed treatment can be beneficial for seeds with less than 80% germination rate. These types of seeds are typically considered to be of low vigor. Fungicides are also considered effective treatment tools when seeds are planted early in cold or wet soils and reduced till and no-till fields.

Global Seed Treatment Market by Treatment

The Global Seed Treatment Market is segmented by Treatment into Seed Dressing, Seed Coating and Seed Pelleting.

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The seed coating segment is estimated to occupy the largest market share in 2022 as far as treatment/application techniques are concerned.

The techniques of seed dressing involve treating crop seeds with fungicides and/or insecticides so that they are well-equipped to fight out the fungal diseases and insects that attack from both below and above ground. The process of seed coating implies covering the seeds with manageable amounts of exogenous materials. Film coating or microbial coating are popular seed coating types. Finally, in the process of Seed Pelleting, inert materials are added to the seeds to increase their weight, size, or shape.

Global Seed Treatment Market by Crop

The Global Seed Treatment Market is segmented by Crop into Grains and Cereals, Oilseeds and Pulses, Fruits and Vegetables and Other Crop Types (Forages, Alfalfa, Flower seeds, etc.).

The Cereal and Grains segment is expected to emerge as the largest crop segment as far as the application of seed treatment techniques is concerned.

Production in the World Cereal Market, according to the data provided by the Food and Agriculture Organization of the United Nations (FAO), almost 2,645 million tons of cereals were produced during the 2018-2019 period, and the production was estimated to cross the mark of 2,800 million tons in 2022.

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Global Seed Treatment Market by Formulation

The Global Seed Treatment market is segmented by Formulation into Liquid Formulation and Dry Formulation.

Although the liquid formulation segment is expected to account for the largest share in 2022, the dry formulation segment is estimated to witness faster growth during the forecasted period. 

There are several types of liquid formulations that agriculturists try out on a regular basis for a range of crop seed types. For instance, soaking paddy seeds in 1% Potassium Chloride solution for 12 hours helps improve the germination potential. A similar outcome is achieved when Sorghum seeds are soaked in Sodium Chloride and Potassium Dihydrogen Phosphate solutions for 12 hours. Dry formulation seed treatments, on the other hand, help maintain the integrity of seed coatings. The growth in this segment is driven by the utilitarian benefits of the process: it is easy to apply and store and comes at a low cost.

Market Taxonomy

By Type         

• Chemical
• Non-Chemical

By Treatment / Application Technique

• Seed Dressing
• Seed Coating
• Seed Pelleting

By Crop         

• Grains and Cereals
• Oilseeds and Pulses
• Fruits and Vegetables
• Other Crop Types (Forages, Alfalfa, Flower seeds, etc.)

By Formulation         

• Liquid Formulation
• Dry Formulation

By Function  

• Seed Protection
• Seed Enhancement

By Region     

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Spain, Italy)
• Asia Pacific (China, Japan, South Korea, India, Indonesia, Australis)
• Latin America, Middle East, and Africa (LAMEA)

Key Companies        

• Adama Agricultural Solutions
• Bayer AG
• BASF
• Syngenta AG
• Sumitomo Chemical Co., Ltd.
• Dow
• Corteva, Inc.
• Croda International Plc.
• Nufarm
• Novozymes A/S

For more insights on the market intelligence, refer to below link: –           

Global Seed Treatment Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Global Wax Market is expected to reach a market size of US$ 14 billion by 2028 growing with a CAGR of 5%: Ken Research

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What Is the Size of Global Wax Industry?

Global Wax market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Wax Market is largely driven by growing demand for wax in various industries for its superior properties like high gloss acting as water and chemical resistance.

Increasing demand for wax from the candle and packaging industry and increasing consumer concern towards the adoption of bio-based wax is driving the growth of the Global Wax Market.

The increasing consumer concern about the adverse effect of the chemical products such as polymer wax, and paraffin wax in the cosmetics industry is leading to the increase in demand for bio-based wax. 

Fluctuations in raw material prices, USA-China trade war conflicts, and the rising cost of synthetic and bio-based waxes are major challenges for the Global Wax Market. The price and supply volatility of crude oil impacts the growth of petroleum wax, as the petroleum wax is separated from a wax oil mixture by centrifuging it at a lower temperature.

Furthermore, COVID-19 negatively impacted the Global Wax Market. The COVID-19 pandemic led to the partial or complete shutdown of production activities in various industrial areas such as packaging, cosmetics, and candle making. Supply chain disruption affected the logistics of raw materials. As a result, production declined for various industries which depended on wax.

Global Wax Market by Product Type

The Global Wax Market is segmented by Product type into Petroleum and Mineral Wax (Paraffin Wax and Microcrystalline Wax), Synthetic Wax (Gas to Liquid Wax and Polymer Wax), Natural Wax (Beeswax and Vegetable Wax).

The petroleum and mineral wax segment held the largest market share in 2022 of the Global Wax Market according to Ken Research analysis.

The growth is primarily attributed to the growing demand for petroleum and mineral wax from different end-user sectors such as lighting, packaging, cosmetics, pharmaceutical, and coatings.

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Global Wax Market by Application

The Global Wax Market is segmented by Application into Candles, Packaging, Wood & Fire Logs, Plastic & Rubber, Adhesive, Cosmetics, Pharmaceuticals and Others (Rheology, Soap wax, Floor Polishes).

The candle segment held the largest market share in 2022, owing to the growing demand for aromatherapy through scented candles.

The use of candles has become a critical household essential, for relaxation, stress reduction, and home decor. The increasing number of distribution channels such as decor, mass merchandise stores, and e-commerce platforms aided the demand for candles worldwide.

Global Wax Market by Geography

The Global Wax Market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

Asia Pacific is expected to account for the largest share among all regions within the total wax market, during the forecast period 2022-2028

The growth is primarily due to the rising living standards and increasing industrialization, specifically in countries like China and India. The low labor, raw material, and operational costs are also major factors propelling the growth in the Asia Pacific region. The region’s usage of cosmetic and personal care goods is expanding owing to the result of increased attention on personal appearance, and an aging population.

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China is one of the largest producers, consumers, and importers of wax, and India is one of the largest producers of beeswax in the world. India has the potential to keep 200 million bees council capable of producing over 15 kilotons of beeswax, according to the Economic Advisory Council Beekeeping Development Report 2019.

By Product Type

Petroleum and Mineral Wax

• Paraffin Wax

• Microcrystalline Wax

Synthetic Wax

• Gas to Liquid Wax

• Polymer Wax

Natural Wax

• Beeswax

• Vegetable Wax

By Application

• Candles

• Packaging

• Wood & Fire Logs

• Plastic & Rubber

• Adhesive

• Cosmetics

• Pharmaceuticals

• Others (Rheology, Soap wax, Floor Polishes)

By Geography

North America

• USA

• Canada

• Mexico

Europe

• France

• Italy

• Germany

• Spain

• UK

Asia Pacific

• China

• India

• Japan

• South Korea

• Australia

LAMEA

• Latin America

• Middle East

• Africa

Key Players

• Sasol Ltd.

• BASF SE

• Exxon Mobil Corporation

• Sinopec Corp

• Holly Frontier Corporation

• Royal Dutch PLC

• Honeywell International Inc.

• Baker Huges Company

• Mitsui Chemicals Inc.

• Nippon Seiro Co., Ltd

• China National Petroleum Corporation

• BP PLC.

For more insights on the market intelligence, refer to below link: –           

Global Wax Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Global Cloud Gaming Market Growth Rate, Outlook, and Revenue Forecast 2022-2028: Ken Research

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Global Cloud Gaming Market by End-User

The Global Cloud Gaming market is segmented by End-User into Casual Gamers, Avid Gamers and Hardcore Gamers.

Hardcore gamers segment of the Global Cloud Gaming market is estimated to account for the largest market share in 2022

Hardcore gamers play games mostly as a hobby and spend a large amount of money and significant of time on them.

Another important reason is that improvement in 5G resulting in high speed is leading to more adoption of cloud gaming by Hardcore gamers.

These are also driven by the increase of powerful smartphones, there has been a rise of 40% in hardcore gamers in India post-COVID.

The Avid gamers segment is forecasted to be the fastest growing segment from 2022 to 2028

Global Cloud Gaming Market by Geography

The North America Cloud Gaming Market is forecasted to be the fastest growing market during 2022-2028.

Cloud gaming market growth is mainly driven due to an increase in people's inexpensiveness in the region and the region's strong economic foundation, combined with updated technologies. Furthermore, free and mobile games are boosting the region's market growth. The high expendable income is driving growth, along with the updated technologies.

The Asia-Pacific cloud gaming market is estimated to account for the largest market share in 2022

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Competition Scenario in Global Cloud Gaming Market

The Global Cloud Gaming Market is highly competitive with more than 500 players which include globally diversified players, regional players as well as a large number of country-niche players in the Cloud Gaming market. Most of the country-niche players are start-ups in Cloud Gaming.

The large global players comprise about 10% in terms of the number of competitors followed by country niche players which account for ~65% of the number of the competitors. Most of the country-niche players are start-ups. Some of these who successfully evolve to create application-specific solutions often get acquired by large global players seeking to grow and diversify quickly.

The Leading Country Niche players such as Parsec Cloud, Inc., Shadow, Rainway, and Ubitus K.K. are highly focused on providing a significant number of Cloud Gaming Solutions.

What is the Expected Future Outlook for the Overall Global CLOUD GAMING Market Across the globe?

The Global Cloud Gaming Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Cloud Gaming market is driven by rising internet penetration, access to strong smartphones and impact of Covid-19. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaborations and emergence of new products, the Global Cloud Gaming market is changing rapidly. For instance, in 2022, NVIDIA Corporation launched an upgraded GeForce RTX 3080 graphics card with 12GB of memory for the fastest frame rates, low latency, and highest resolutions.

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In 2022, Tencent Games decided to Publish PUBG Mobile and PUBG Mobile Lite under Banner of Level Infinite.

Furthermore, In 2021, NVIDIA Corporation collaborated with Electronic Arts Inc. by bringing HIT Games to increase GeForce NOW’s gaming platform

In 2021, Blacknut collaborated with Communications and Entertainment Group NOS to provide a proper gaming experience with the help of 5G across Portugal and also aims to offer around 450+ games over the 5G network.

In 2021, Tencent launched Level Infinite to deliver high-quality games to a global audience by offering technical and production assistance.

The Global Cloud Gaming Market is forecasted to continue an exponential growth that is witnessed since 2017. It is primarily driven by 5G technology’s low latency capability and the increasing number of gamers across the globe. Though the market is highly competitive with over 500 participants, few global players control the dominant share, and regional players also hold a significant share.

By Offering

• Infrastructure

• Gaming Platform Services

By Device Type

• Smartphones

• Tablets

• Gaming Consoles

• PCs & Laptops

• Smart TVs

• Head-Mounted Displays

By Solution

• Video Streaming

• File Streaming

By End User Segment

• Casual Gamers

• Avid Gamers

• Hardcore Gamers

By Geography

• NORTH AMERICA (USA, Canada, Mexico)

• LAMEA (Latin America, Middle East, Africa)

• EUROPE (UK, France, Germany, Italy, Spain, Rest of Europe)

• ASIA-PACIFIC (China, India, South Korea, Australia, Indonesia, Japan, Rest of Asia Pacific)

For more insights on the market intelligence, refer to below link: -

Global Cloud Gaming Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Global Cloud Gaming Market is expected to witness exponential growth of around 60% CAGR to 2022-2028: Ken Research

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What is the Size of Global Cloud Gaming Industry?

Global Cloud Gaming market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Cloud Gaming Market is largely driven rising internet penetration, access to strong smartphones and impact of Covid-19.

According to GSMA 2019, there were 5.2 billion smartphone connections globally and by 2025 smartphone usage is expected to reach around 80%. Due to this gaming developers are developing more mobile-based games. So that they can earn more revenue from people adopting the usage of smartphones.

Poor internet connectivity within some countries acts as a major barrier for the cloud gaming market as it requires high-speed internet with proper bandwidth and setting up such a connection might be expensive. So, lag in gaming or proper responsiveness of the game while playing might be an issue.

The pandemic of COVID-19 has substantially accelerated the use of cloud gaming devices and services as due to lockdown restrictions people were mostly locked in their places and cloud gaming did not require any additional hardware and can be played almost on any device turning it into their pass times during lockdown.

Global Cloud Gaming Market by Offering

The Global Cloud Gaming Market is segmented by Offering into Infrastructure and Gaming Platform Services.

In the Global Cloud gaming market, the Gaming Platform Services segment is the fastest growing during the forecast period.

Gaming Platform Services reduce the limitations based on graphics performance, storage requirements, and processing power and provide an amazing gaming experience.

With the help of Gaming Platform Services gamers don’t have to wait for downloading and installation of the game which provides an added advantage. In 2022, Meta launched the game development platform Crayta to Facebook Gaming’s cloud streaming service that lets one build and play games with friends in real time.

Global Cloud Gaming Market by Device Type

The Global Cloud Gaming Market is segmented by Device Type into Smartphones, Tablets, Gaming Consoles, PCs & Laptops, Smart TVs and Head-Mounted Displays.

Tablets, PC & Laptops segment holds the largest market share in 2021

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Early acquisition of Tablets, PC & Laptops led to the development of innovative games as gamers were already using PC & tablets from before so it has already captured the market and these devices are expected to still capture the largest market share because devices are constantly updating their configuration for better performance.

In June 2022, Microsoft launched Xbox Cloud Gaming in New Zealand and Argentina. Ultimate subscribers of XBOX Game Pass can stream more than 100 games to phones, tablets, PCs, and Samsung TVs.

Global Cloud Gaming Market by Solution

The Global Cloud Gaming Market is segmented by Solution into Video Streaming and File Streaming.

The File Streaming Solution segment of the Global Cloud Gaming Market is expected to have the largest market share during the forecast period

This technology allows players to have access to the game after downloading a small number of files to their devices. It allows game developers to decrease the cost of media production and send patches to gamers.

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By Offering

• Infrastructure

• Gaming Platform Services

By Device Type

• Smartphones

• Tablets

• Gaming Consoles

• PCs & Laptops

• Smart TVs

• Head-Mounted Displays

By Solution

• Video Streaming

• File Streaming

By End User Segment

• Casual Gamers

• Avid Gamers

• Hardcore Gamers

By Geography

• NORTH AMERICA (USA, Canada, Mexico)

• LAMEA (Latin America, Middle East, Africa)

• EUROPE (UK, France, Germany, Italy, Spain, Rest of Europe)

• ASIA-PACIFIC (China, India, South Korea, Australia, Indonesia, Japan, Rest of Asia Pacific)

For more insights on the market intelligence, refer to below link: -

Global Cloud Gaming Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

 

Global Ethernet Controller Market is expected to reach US$ 15 Bn in 2028 growing with a CAGR of ~7%: Ken Research

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What Is the Size of Global Ethernet Controller Industry?

Global Ethernet Controller market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F.

The Ethernet Controller Market is largely driven by increasing use of servers in data centers, surging number of OTT broadcasting service providers and traditional broadcasters.

Data-intensive applications like cloud computing and big data continue to drive the demand for servers in ethernet controllers. Large terabits of data from such applications to data centers and vice versa move each second and moving this data into data centers requires a strong infrastructure efficient for handling the distribution of high-bandwidth data with high IP traffic to and from storage endpoints, main switches, and high-end switches.

Ethernet controllers help link these devices with the help of media access control addresses. Thus, the rise in demand for these data-intensive applications helps in market growth.

In March 2020, Ethernity Networks introduced its ENET-D, an Ethernet controller technology in addition to its ACE-NIC100 SmartNIC that efficiently processes millions of data streams and provides performance acceleration for network and security devices.

Furthermore, the challenges faced by the Ethernet Controller Market are the high prices associated with ethernet controllers that pose a challenge to generating revenues for the companies. Another challenge is the need for continuous updates of the drivers.

Global Ethernet Controller Market by Bandwidth Type

The Global Ethernet Controller Market is segmented by Bandwidth Type into Fast Ethernet, Ethernet and Switch Ethernet.

In the Global Ethernet Controller Market, the Fast Ethernet segment held the largest market share in 2022.

The installation of new and advanced software and increasing transfer rates are accelerating the demand for this segment.

According to CommNet, a manufacturer of audio, video, data, and ethernet communication products, Fast Ethernet transmission is at least 10 times faster than normal ethernet and proves to be useful in maintaining compatible connections to servers with high speed, decreasing bandwidth bottlenecks for network systems operating multiple IP videotape cameras and IoT, and seamlessly supporting complex networks that run multiple bandwidth-intense software packages at the same time.

Global Ethernet Controller Market by Function

The Global Ethernet Controller Market is segmented by Function into PHY (Physical Layer) and integrated.

The PHY (Physical Layer) segment held the largest market share in 2022 in the Global Ethernet Controller Market.

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An Ethernet PHY is designed to deliver error-free transmission over a variety of media to reach distances that exceed 100m.

In December 2021, Marvell declared the industry’s first 802.1 AE MACsec integrated dual 1000BT1 and 100BT1 PHYs.

The new products aid OEMs in transitioning toward software-defined vehicles, where secure data communication is a critical need, extending Marvell’s portfolio in automotive Ethernet PHY. These Ethernet PHY solutions enable energy-effective, secure in-vehicle networks and help in achieving functional safety compliance at the system level.

Global Ethernet Controller Market By Application

The Global Ethernet Controller market is segmented by Application into Servers, Embedded Systems, Consumer Application, Routers and Switches, Desktop Systems and Others.

In the Global Ethernet Controller Market, the servers segment held the largest market share in 2022.

The enterprise migration to the cloud and the role of emerging technologies such as artificial intelligence, the Internet of Things (IoT), and analytics are increasing the use of servers.

For instance, Oracle Big Data Appliance includes five or more servers and the technology to connect the servers to the network. The network connections allow the servers to be administered remotely and allow customers to connect to them.

Global Ethernet Controller Market By Geography

The Global Ethernet Controller Market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

The Asia Pacific Ethernet Controller Market is expected to be the fastest-growing market during the forecast period in the Global Ethernet Controller Market.

This growth is due to the growing use of ethernet controllers in consumer usage, servers, and desktop systems in the region and increases in demand for (Voice over Internet Protocol) VoIP solutions, gaming consoles, and digital signage.

According to Cisco Korea, in 2021, internet applications reached 7.7 exabytes per month compared to about 3.4 exabytes in 2016. In addition, the growth of IoT and 5G deployed are also playing a significant part in driving the demand.

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By Bandwidth Type

• Fast Ethernet

• Ethernet

• Switch Ethernet

By Function

• PHY (Physical Layer)

• Integrated

By Application

• Servers

• Embedded Systems

• Consumer Application

• Routers and Switches

• Desktop Systems

• Others

• By Region

North America

• USA

• Canada

• Mexico

• Germany

• UK

• France

• Italy

• Spain

• China

• Japan

• India

• Australia

• South Korea

• Europe

Asia Pacific

• LAMEA

• Latin America

• Middle East

• Africa

Key Companies

• Intel Corporation

• Broadcom Inc.

• Cirrus Logic Inc.

• Silicon Laboratories

• Texas Instrument Incorporated

• Marvell Technology Group Ltd

• Microsemi Corporation

• Realtek Semiconductor Corp.

• Mindspeed Technologies Inc.

• Siemens AG

• OMRON Corp.

• Comlab Telecommunications Inc.

For more insights on the market intelligence, refer to below link: -

Global Ethernet Controller Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

Philippines Medical Education Market is in Growing Stage, driven by its Quality Education & increasing popularity

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1. Philippines Medical Education is one of the Finest especially in terms of cost of the Course as well as other Medical Training

The medical education system in Philippines is highly exclusive & offers a variety of specialized courses such as Anesthesiology, Gynecology, Pediatrician, Surgery, Internal Medicine, Ophthalmology and more. Specialization in Philippines is regarded as residency program as well the fellowship program (Training Programs) for collectively 5 Years. Moreover, there is a dedicated board for each specialization that conducts an exam which is mandatory for every doctor to be qualified as a specialist. When it comes to the overall structure, Philippine’s Medical Education System resembles a lot with the American system thereby increasing its popularity. This can be easily understood with the increasing number of Opthalmology & Internal medicine graduates represented in the graph. It is also important to note that when it comes to competition scenario, Philippines has a highly competitive market packed with private universities. As per data, Private Universities hold a major chunk of the market with 81% market share while Public Universities hold 19% of the same.

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2. Philippines has been a Great Environment to Accommodate Students especially International Aspirants

Philippines has shown a very welcoming environment for the foreign students. Clinical practice requires an intensive training program and hence a good communication can be helpful for both the patient and the doctor. There has been an increase in the initiatives taken by the government to tackle the low doctor to patient ratio.  This was majorly seen in the Philippine Health Agenda 2016–2022 that included the prospect of education for most students in rural areas. The other factor that has made the system popular is its flexibility wherein each university can mold its own curriculum based on the approved national schema. Since the country has a low doctor to patient ratio, it brings a great opportunity. Philippines, unlike most European countries, has a lower cost of living which attracts a great deal of foreign students. The cheap cost of living allows them to not only study at an affordable cost but also live comfortably.

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3. Emigration of Highly Trained Medical Practitioners is a major hurdle in Philippines Healthcare Ecosystem 

There is no structure or one way exam to get into residency programs in Philippines. The emigration of highly trained or intelligent medical staff from Philippines to countries like USA, UK, Canada and others is a serious problem for the healthcare system. Moreover, many qualified Filipino medical personnel are recruited to work overseas, leaving the medical industry short-handed. The country has approximately just one physician per 33,000 residents, which is significantly worse than in other countries. There is also lack of support staff including medical technicians and midwifes. Despite the large number of doctors produced annually, many medical and healthcare positions in rural and geographically isolated and disadvantaged areas (GIDAs) remain vacant since work opportunities in the urban setting and abroad appear more attractive and profitable.

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Philippines Medical Education Market: Ken Research 

eNPS Allow Employers to Measure and Get a Snapshot of Employee Engagement Within Company: Ken Research

 With the speedy advancement of business all across, businessmen seek different ways to develop their employees and results. And with that, employee engagement is often taken as the eventual solution or, in other words, you can say a silver bullet! For all challenges and hurdles that arise in a workplace, employee engagement is supposed to improvise all of them.

Although employee engagement isn’t a magical antidote, it can surely bring massive benefits to any organization. There are employee engagement platforms that generate such an effect on an organization that is beyond a general mindset. At Ken Research, a 360-degree workplace survey will assist the company to understand its employees’ viewpoints on the company’s complete culture with NPS Score and other surveys. Employee satisfaction is incredibly imperative to an organization. Happy employees are loyal and prove to be proficient assets to the organization. They are probably to tell others about the fantastic place they operate, making them company advocates.  

How to Measure eNPS?

Once your employees have answered the NPS survey, they are sorted into one of the following categories:

• 0-6 Detractors: These are actively displeased employees and represent your greatest turnover risk. They are probably to talk badly about you to their friends and acquaintances.
• 7-8 Passives: This group of employees is neither satisfied nor dissatisfied. They may not say negative things about the company to acquaintances and family, but they’re not probably to recommend the company either.
• 8-10 Promoters: This group of Point of Sale are your most satisfied employees and will say positive things about your company and recommend it as a place to function.

Why eNPS is Important?

• Improves Loyalty: Using eNPS can assist you to detect Target Segment Identification. When you ask for feedback and follow up with your satisfied employees, it turns them to be loyal. If you do the same with dissatisfied customers, it may turn them into happy and loyal employees.
• Reduces Customer Churn Rate: Business growth can also be determined by measuring the inflow and outflow of the customer in the business. That’s what customer churn rate assists you do. Churn rate refers to the number of customers who left your company owing to bad experiences or services by employees. These churned customers are a peril to your brand reputation, as they spread negative word of mouth and do negative publicity of your brand and business. So, when you gauge the churn rate of your business consistently it assists you to put control on the churning of your customers.
• Competitive Differentiation: eNPS should be used as a tool for benchmarking against one’s own company rather than benchmarking against other companies. Organizations invest a lot of money and time along with emotional costs in fascinating the potential employees, hiring them and carrying them with adequate training, hence, it becomes a prodigious loss for a company if they are incapable to recollect their top talent.

eNPS which began as a customer satisfaction tool now is a powerful way to measure and enhance the employee engagement. Employees feel valued when their suggestions are heard and their viewpoints turn into actions by the management. It is also a leading indicator to forecast future outcomes and also assists in combating the churn rate.

KSA Cybersecurity Market is Expected to Gain Momentum from the Technological Advancements and Government Initiatives along with Covid Incited surge in Demand: Ken Research

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• Government strict regulations such as ECC and Cybersecurity Framework by SAMA will act as a catalyst for the surging growth of the cybersecurity market in KSA. Shifting to cloud infrastructure as companies look for a hybrid mode of working will assist the growth of the industry.
• Covid 19 has not only forced people to spend time more time online but has also led to the swift evolution of cybersecurity in KSA. Innovative antivirus solutions have become incredibly important to facilitate live streaming and e-learning.
• The recent MoU signed between Saudi NCA and the US Department of Homeland Security is expected to aid the cybersecurity industry focusing on several areas such as sharing cyber threats information between both countries

Strong Government Push: Strict regulations by the government such as ECC and Cybersecurity Framework by SAMA will also act as a catalyst for the surging growth of the cybersecurity market in Saudi Arabia. Coupled with that, the launch of smart city projects such as NEOM will also provide the much-needed push to the sector.

Technological Advancements in Cybersecurity Services: Advancements in encryption technologies, firewalls, MDR, XDR, EDR, digital forensic investigation, and GRC services among others are expected in the coming years. These advancements will lead to a more secure internet network in the Saudi Arabian cyberspace during the forecast period.

Demand for Big Data and 5G Rollout: The cybersecurity market in Saudi Arabia is estimated to expand at a high CAGR in between 2021 and 2026E attributed to increasing demand for big data, a high surging internet penetration rate and roll out of 5G services across the nation. The more connected the nation will become, the more will be the demand for cybersecurity services among users.

The report titled “KSA Cybersecurity Market Outlook to 2026E- Gauging the opportunities for foreign investment in the cybersecurity market” provides a comprehensive analysis of the potential of the Cybersecurity industry in Kingdom of Saudi Arabia. The report covers various aspects including the current cyber threat scenario and major cyberattacks in the country, revenue generated from cybersecurity, its segmentations viz Component, Deployment Type, Region, End User (Medium and Small Enterprises vs Large Enterprises), by Industry, major trends and developments, issues and challenges, government regulations and product analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.

Key Segments Covered in KSA Cybersecurity Market:

By Component (By Revenue), 2021 and 2026F

• Solutions
• Services

By Deployment Type (By Revenue), 2021 and 2026F

• On-Premise
• Cloud

By Region (By Revenue), 2021 and 2026F

• Northern
• Western
• Eastern
• Central
• Southern

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By User (By Revenue), 2021 and 2026F

• Medium and Small Enterprises
• Large Enterprises

By Industry (By Revenue), 2021 and 2026F

• BFSI
• Government Sector
• IT
• Telecom
• E-Commerce
• Healthcare
• Retail
• Others includes food industry and more

Key Target Audience

• Technology Companies
• Cybersecurity Companies
• Banking and Financial Institutions
• Cybersecurity Service Providers
• Government Agencies
• Cybersecurity Consultants

Time Period Captured in the Report:

• Historical Period: 2016-2021
• Forecast Period: 2021-2026

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Key Companies Covered:

• SITE
• Sirar by STC
• IBM
• Palo Alto Networks
• SBM
• Cipher
• NourNet
• Trusted Partners
• Trend Micro Incorporated
• Hewlett Packard Enterprise
• Norton LifeLock Inc.
• Dell Technologies
• SAT Microsystems

Key Topics Covered in the Report:

• KSA Country Profile and Population Analysis
• Operating Model of Cybersecurity Companies
• KSA Cybersecurity Market Size and Segmentations
• Growth Drivers of KSA Cybersecurity Market
• Porter’s Five Forces Analysis of KSA Cybersecurity Market
• Government Rules and Regulations in KSA Cybersecurity Market
• Government Initiatives in KSA Cybersecurity Market
• Key Trends and Developments in KSA Cybersecurity Market
• Role of Cutting-Edge Technology in Developing Cybersecurity Solutions and Applications in KSA
• Issues and Challenges of KSA Cybersecurity Market
• Demand Side Analysis
• Analyst Recommendations
• Case Studies
• Research Methodology

For more information on the research report, refer to below links:

KSA Cybersecurity Market Outlook to 2026E

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