US Security Testing Market plans to revolutionize infrastructure with a projected CAGR of 18% by 2028: Ken Research

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With heavy segmentation and wide spread applications ranging in Government, financial and healthcare services, leading the US Security Testing Market one of the largest and still growing market, with a projected CAGR of ~18% by 2028.

STORY OUTLINE

• The US Security Testing Market grows with the rapid increase in Cybersecurity threats.
• With the advent of regularizing Regulatory Compliances, protocols are being made strict in order to safeguard data.
• Adopting the Cloud Services has made the US Security Testing Market shift to digitized and innovative processes.
• With technological advancements, the US security testing market pushes its boundaries.

1.The US Security Testing Market grows with the rapid increase in Cybersecurity threats.

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• With the rise in cyber-threats like identity theft, online fraud and system extortion, the US Security Testing Market increased their encryption for better protection.
• The groups of threats rising today are phising, spam, spyware and malware.
• With the incorporation of Dashi Cyber, many testing availability arose, making the market to facilitate advanced testing.
• Along with international standards of testing like ISO 27001, CREST Penetration testing, a much stronger database called Dashi USM was incorporated in the Android and iOS.

According to Ken Research, the US Security Testing Market has come forward to face off the impending threats after the global digitization soon after the Covid-19 pandemic. With the rise in technologies and advanced algorithms like Artificial Intelligence (AI) and Machine Learning, security testing has become more accurate with lower loop holes that may pertain greater threats. This has led to the overall growth of the market, with a projected CAGR of ~18%, by the year 2028.

2.With the advent of regularizing Regulatory Compliances, protocols are being made strict in order to safeguard data.

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• Regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), are being enhanced for strengthening their encryption and protocols.
• With the adoption of NIST Cybersecurity Framework 2.0 (CSF), potential high alert and future critical threats can be easily removed.
• The enhancement of the regulation called Health Insurance Portability and Accountability Act (HIPA) has marked remarkable changes in the medical sector.
• The improved Payment Card Industry Data Security Standard (PCI DSS) has successively safeguarded the authentication and basic data in the financial sectors.

3.Adopting the Cloud Services has made the US Security Testing Market shift to digitized and innovative processes.

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• With continuous Security Testing within the DevSecOps through automated scans at every developmental stage, detecting major threats.
• With more emphasis on security testing on serverless computing devices, namely the AWS Lambda, Google Cloud Functions and more, have been able to seek out critical threats.
• With proliferation of Penetration Testing, vulnerabilities to IoT devices have been significantly reduced.
• Increased Application Programming Interface Testing (API Testing) in the cloud environment has enhanced their task in connecting services.

4.With technological advancements, the US security testing market pushes its boundaries.

• With the proper integration of AI and Machine Learning into the Static/ Dynamic Application Security Testing (SAST and DAST), enhanced vulnerabilities detection to reduce possible harm to the mainframe.
• Automated security testing tools which easily mix with the Continuous Integration/Deployment (CI/CD) pipelines allows multiple automated security testing at developing stages of a software.
• With the integration of The Intel Exchange (CTX Lite) solution from Cyware, a fully automated networked threat intelligence platform (TIP) ingests, evaluate and responds to threats.
• Solutions like NowSecure, IoT Inspectors and Veracode Mobile Application Security can easily detect and identify mobile application and IoT device vulnerabilities.

CONCLUSION

With the advancements in cybersecurity threats and malignant malware, it is evident to say that the US Security Testing Market has to up their level with it. Adoption of stringent regulatory solutions towards cloud services and environment and increasing in penetration testing services, security testing has been never been this complex. This overall gathers people’s attention, in need of their attention for the security testing.

Logistics Evolution in KSA: Unveiling Vision 2030 - Breaking or Embracing Barriers? : Ken Research

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In line with its ambitious Vision 2030, the KSA Logistics Industry is undergoing a visionary transformation to position the kingdom as a global logistics hub. Anchored by the development of Special Economic Zones (SEZs), an integrated transport infrastructure, and comprehensive reforms of seaports, the government's strategic initiatives are poised to reshape the industry's landscape. However, amidst these promising strides, significant challenges persist. The absence of a professional warehouse and inadequate port facilities hindered the industry’s progress. As the KSA charts its course toward becoming a logistics powerhouse, the question remains: Can the industry navigate these hurdles and sustain its growth trajectory? Discover the insights that lie ahead, exploring whether the industry can triumph over its bottlenecks, within the following discourse

1. The KSA government is aiming to establish the kingdom as a logistics hub under it’s vision 2030 by development of SEZ, integrated transport infrastructure and reformation of sea ports Request a Call with Expert to know more about the business model

2. For this, KSA is planning to invest more than ~USD 100 Bn in its transportation & logistics infrastructure as a part of Vision 2030, resulting in the comprehensive nationwide network over the coming years

3. However, Lack of professional warehouses, inadequate facilities at ports, and poor trucking services are the major barriers to the growth of the Logistics Market in KSA

4. But the market is expected to have excellent growth in the future due to substantial investment projects taken by the government for the construction of airports, seaports, and bridges for better inter-country connectivity

5. The industry has a strong potential to register positive growth in the next five years owing to the immense support from the government through investments in infrastructure 

Some of the Intelligence Curated by Ken Research in Logistics Market Space:

• Indonesia Logistics Market Outlook to 2027 driven by high growth in E-Commerce, government policies attracting foreign investors & promising manufacturing sector.
• UAE Cold Chain Market Outlook to 2027 Driven by rising consumption of dairy, meat and seafood, smooth domestic and international connectivity and automation in warehouses
• Vietnam Cold Chain Market Outlook to 2026 Driven by Rising Meat and Seafood Consumption and Increasing Awareness of Applying Cold Chain in Protecting Foods in Vietnam
• KSA Warehousing Automation Market Outlook to 2027 Driven by Bolstering Ecommerce Industry & Ambitious Government Plans for Digitalization to Pave Strong Grounds for Automation
• South Korea Warehouse Automation Market Outlook to 2027 Driven By increasing demand from end-user industries and factors such as increasing labor cost and labor shortage in the country

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KSA Logistics Industry

The Saudi Arabian Movie Theatre Market taking off : Ken Research

 Story Outline

      The Saudi Arabian Leisure and Entertainment Market is expected to grow at a CAGR of ~15% from 2022 to 2027.

• MUVI Cinemas is the top player in the Saudi Arabian Theatre Market based on Revenue as well as number of theatres and screens.
• MUVI Studios was launched in 2022 with a plan to churn out an average of some 20 feature films per year
• VOX Cinemas comes in at number two amongst the movie theatre market in KSA with 155 screens spanning across six cities.
• VOX Cinemas gives a lot of importance to customer experience thus the elaborate food menu, dedicated children’s playrooms, stunning rooftop views, and others.

Introduction

The Saudi Arabian Theatre industry has witnessed significant growth and modernization in recent years, growing at a CAGR of ~70% from 2019 to 2022. With the lifting of cinema bans and changing government policies, both local and international cinema chains have established a strong presence in the country. State-of-the-art technology, immersive experiences, and diverse food offerings have contributed to the industry's success. Additionally, the emergence of home-grown cinema chains and successful film productions have further bolstered the Kingdom's position as a prominent player in the Kingdom’s entertainment landscape.

1.MUVI Cinemas is the largest cinema of KSA and is home-grown. It has 21 theatres with a total of 205 screens spanning across nine cities in the country.

MUVI Cinemas offers state-of-the-art technology. It offers diverse and immersive experiences combined with delicious food menu which adds to the revenue streams of the theatre.

MUVI Cinemas opened the country’s largest movie theatre in January this year, with 25 screens in Riyadh Boulevard City.

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According to Ken Research, the Saudi Arabian Leisure and Entertainment market is expected to grow at a CAGR of ~15% from 2022 to 2027. The largest contributor to this has been the OTT industry followed by the movie theatre industry.

2.Muvi Studios is breaking records at the Saudi box office, with more than 1 million tickets sold for its two latest productions.

In the first three months since its release, underground wrestling comedy “Sattar” has sold 897,000 tickets, making it the highest-grossing Saudi movie ever for such an opening period and fourth on the list of all international and regional productions.

The studio’s second film, “Two for Rent,” managed to clock up 235,000 ticket sales in the same period.

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3.Vox Cinemas, owned by UAE-based shopping mall, retail and leisure firm Majid Al Futtaim Group, which operates 155 screens in six cities in Saudi come in at second place.

It uses the most advanced technology for sound and picture with forming strong and exclusive partnerships.

Its USP is that it has large cinemas. It also has dedicated children's playrooms, and stunning rooftop views which give it a competitive advantage over its competitors.

Moreover, it celebrates and festivals by offering discounts and offers to customers.

4.VOX Cinemas offers a wholesome experience by offering an extensive food and snack menu at its theatres considering the largest chunk of the customer base comes from the age group between 18 and 40 years.

Its dedicated Candy Bar offers guests a wide variety of signature snacks such as VOX Popcorn in seven unique flavors, burgers, hotdogs, pizzas, and nachos. Exclusively in the UAE, Candy Bar is also serving an Iftar Combo which includes a Kofte Slider, Falafel Slider, Shish Tawook Slider, Dates, Jallab Drink, Tabouleh, Hot Mezzeh, and Lazy Cake – all for just AED 55. The delicious combo is available in-cinemas and online for home delivery.

The dedicated cinema arm of Majid Al Futtaim continues to take initiatives to give the consumer the best experience. For its luxury cinema concept GOLD, they collaborated with celebrity Saudi Chef Mona Mosly who curated 20 signature dishes to elevate the in-cinema dining experience with a specially curated menu.

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Conclusion

The cinema industry in Saudi Arabia is witnessing remarkable growth, with MUVI Cinemas leading as the largest home-grown chain. Its state-of-the-art technology, immersive experiences, and delectable food offerings contribute to its success. Meanwhile, Muvi Studios is making waves with record-breaking ticket sales for its latest productions. Vox Cinemas, owned by Majid Al Futtaim Group, comes in second place, boasting advanced technology, large cinemas, and unique customer experiences. Their dedication to offering an extensive food menu and special collaborations, like the one with celebrity Chef Mona Mostly, demonstrates their commitment to providing the best cinema experience for customers in the region.

Cooling the Future: Eurovets and Vakava Revolutionize Dubai's Cold Chain: Ken Research

The partnership is expected to set Dubai's cold chain industry on a path of greater sustainability and environmental responsibility.

Storyline

• Eurovets partners with Vakava Technologies for sustainable cold chain solutions in Dubai.
• Innovative cooling units offer stable temperatures without external power sources.
• Cost-effective and eco-friendly, reducing carbon footprint in the cold chain industry.
• As per Ken Research,, the partnership will result in empowering local businesses with portable technology for efficient and reliable cooling solutions.

The Cold Chain industry, known for its good old energy consumption, has become a crucial focus for sustainability efforts. In an effort to address this issue while enhancing operational efficiency, Eurovets, a leading distributor of veterinary products and services, has partnered with Vakava Technologies, experts to provide efficient cold chain solutions. This collaboration is aimed at providing sustainable and scalable cold chain solutions to businesses across Dubai, optimizing workflow, reducing costs, and minimizing carbon footprint.

1. Revolutionizing the Cold Chain Industry

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Eurovets and Vakava Technologies' partnership has resulted in providing innovative solutions that promise to revolutionize the way cold chain systems are put to usage in Dubai. With the cold chain industry accounting for 15% of global electricity consumption, the need for energy-efficient and environmentally friendly practices has never been more critical.

2. Sustainable Cooling Solutions

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Vakava's cooling units offer a game-changing approach to the cold chain process. The units utilize special PCM cooling technique alongside custom insulation and air circulation methods while maintaining a stable temperature without needing an external power source. By incorporating temperature sensors and embedded GSM or Bluetooth trackers, businesses will be able to gain real-time data analysis, allowing them to adjust energy usage based on demand, optimizing workflow and reducing costs.

3. Enhanced Flexibility & Reduced Carbon Footprint

Vakava's solutions are not only energy-efficient but also highly flexible. The cooling units can be opened and closed multiple times during transit while maintaining a stable temperature thereby eliminating the need for refrigerated vehicles. As businesses can modify energy management during rate hikes or extreme weather conditions, they can achieve greater control over their carbon footprint.

4. Empowering Local Businesses

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Eurovets and Vakava's collaborative efforts are aimed at empowering local businesses by providing them with portable cold chain technology. Moreover, the partnership will also result in other benefits including reduced carbon footprint, improved surplus & work flow optimization. These cooling units can be easily installed on delivery bikes or inside vans/cars, eliminating the need to keep the engine running in order to maintain temperature. This super-efficient solution is particularly significant considering the surge in fuel prices, helping businesses save energy and costs while ensuring an unbreakable cold chain with sustainable, cutting-edge technology.

Conclusion

Eurovets' strategic collaboration with Vakava Technologies marks a significant step towards a greener and more efficient cold chain industry in Dubai. By introducing sustainable cooling solutions that optimize workflow, reduce costs, and minimize carbon footprint, businesses in the region can now embrace a more eco-friendly and economically viable approach to their cold chain operations. With this innovative partnership, Dubai's cold chain industry is set to embark on a path of greater sustainability and environmental responsibility.

Future Outlook of Global E-Bike Industry: Ken Research

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What Is The Size Of Global E-Bike Industry?

Global E-Bike Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027.

The Global E-Bike Market is largely Factors such as implementation of government regulations to encourage the use of electric bikes, consumer inclination toward use of e-bikes as an eco-friendly & efficient solution for commute, increase in fuel costs, and rise in interest in cycling as a fitness & recreational activity are expected to drive the market growth. However, high cost of e-bikes and ban on use of e-bikes in major cities of China hinder the market growth. Furthermore, improvement in bicycling infrastructure & battery technology is expected to offer lucrative opportunities for the electric bike market growth.

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Governments of various countries are taking initiatives to reduce the carbon footprints by encouraging the use of electric bikes, electric vehicles, and bicycles, owing to increase in awareness toward the hazardous effects of using vehicles running on fossil fuels. Moreover, governments are constructing bicycle-friendly streets, which are encouraging individuals to opt for bicycle as a key mode of commute.

Global E-Bike Market Segmentation By Product Type

The Global E-Bike Market is segmented by Product type into Pedelecs, Speed Pedelecs, throttle on demand, Scooter/Motorcycle.

Global E-Bike Market Segmentation By Battery Type

The Global E-Bike Market is segmented by region into Lead-Acid, Lithium-ion, Others.

Globale-Bike Market Segmentation By Region

The Global E-Bike Market is segmented by basis of Region into Asia Pacific, Australia, Europe, North America. The market captured by Asia Pacific is larger as compared to others.

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Competition Scenario In Global E-Bike Market

The Global E-Bike market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the global E-Bike Market. Top players such as the market is largely driven by rising demand for organic hair care products and active advertisement campaigns.

What Is The Expected Future Outlook For The E-Bike Market Across The Globe?

The Global E-Bike Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. 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.

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The Global E-Bike Market is driven by Electric bikes offer huge growth potential as they endure to gain traction in Europe as a more ecological means of transport. Sales in the U.S. is predicted to lift as associated regulations will take shape. Along with healthy European and U.S. markets and expected rebound in sales in China is projected to offer a more stable environment for the e-bike market place during years to come.

With increasing necessity of environment-friendly transportation, popularity of bicycles is booming across various parts of the world. This is mainly because of numerous benefits offered by the cycling such as reduced CO2 emission, reduced air pollution, reduced noise pollution from other transportation modes, saves fuel cost, improves public health, less congestion on roads, and also saves construction and maintenance cost of road infrastructure.

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Global E-Bike Market Outlook to 2027

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Qatar Lubricants Market Outlook to 2027

Australia Lubricant Market Outlook to 2027

New Zealand Parking Management Market Outlook to 2028

 

Exclusive Study: How Gurugram's Home Buyers View the Market: ken Research

 STORY OUTLINE

• Gurugram's strategic location and connectivity make it attractive for homebuyers. Proximity to workplaces and essential services is crucial.
• Property preferences vary based on budget and lifestyle. Gurugram offers a diverse range, including apartments, villas, and houses.
• Green spaces and amenities are highly valued by homebuyers. Modern features like security, power backup, and recreational areas are essential.
• Homebuyers view residential purchases as investments. Ready-for-possession properties are preferred, with potential rental income and future resale value in mind.

Gurugram's strategic location near Delhi and its well-developed infrastructure, including highways and metro connectivity, make it an attractive choice for homebuyers. Proximity to workplaces, educational institutions, hospitals, and other essential services is a crucial factor for buyers. The majority of customers view a residential purchase as not only a place for shelter but also as a means of potential investment returns when renting it out and selling it in the future. The respondents are highly interested in buying a residential apartment in Gurgaon and express a strong willingness to consider properties that are ready for immediate possession.

1. The Power of Preferences in Exploration

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Gurugram offers a diverse range of residential properties, including apartments, villas, and independent houses. The preference for property type may vary based on budget, family size, lifestyle, and personal preferences.

Home buyers increasingly value green spaces, parks, and eco-friendly initiatives in residential projects. Projects that focus on sustainable development and environmental conservation tend to be well-received.

2. Where Convenience Meets Connectivity: The Ideal Location!

Gurugram's strategic location near Delhi and its well-developed infrastructure, including highways and metro connectivity, make it an attractive choice for homebuyers. Proximity to workplaces, educational institutions, hospitals, and other essential services is a crucial factor for buyers.

Buyers prioritize residential properties in MG Road or Phase 3 due to their advantageous location as major hubs with close proximity to both the airport and the capital city. Additionally, the proximity to workplaces, educational institutions, hospitals, and other essential services plays a significant role in their decision-making process.

3. Amenities, the Unbeatable First Choice!

Discover Layout preferences and Size Requirements

Home buyers in Gurugram often prioritize properties with modern amenities such as 24/7 security, power backup, parking facilities, gymnasiums, swimming pools, and recreational areas.

The closeness to amenities such as schools, hospitals, and work locations continues to be a crucial determinant in property purchase decisions, with ~30% of respondents emphasizing its utmost importance.

The respondents' house purchase decisions were heavily influenced by factors such as proximity to amenities, open spaces, and greenery, as well as security. This reflects their strong emphasis on convenience, nature, and safety when selecting their future residences.

In conclusion, Gurugram's strategic location, well-developed infrastructure, and proximity to essential services make it an attractive destination for homebuyers. With a strong emphasis on preferences for diverse property types, green spaces, and modern amenities, buyers seek an ideal blend of convenience and connectivity in their residential choices. The potential for investment returns further motivates their interest in purchasing properties that offer immediate possession.

Exploring the Driving Forces Behind the Booming USA Agri Equipment Market : Ken Research

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The USA Agri equipment market has been experiencing steady growth over the years, driven by factors such as increasing agricultural mechanization, technological advancements, and the need for higher productivity.

STORY OUTLINE

• Technological breakthroughs, including GPS-guided machinery and AI-driven automation, optimize farming practices, leading to increased efficiency and reduced resource wastage.
• Government support through subsidies and tax benefits empowers farmers, regardless of scale, to embrace modern equipment, enhancing competitiveness and leveling the playing field.
• The shift towards eco-friendly machinery and sustainable practices not only aligns with environmental goals but also promotes efficient resource management, bolstering both economic viability and environmental stewardship.
• The convergence of technology, government incentives, and sustainability imperatives is shaping the future of the agricultural equipment market, fostering innovation, equitable growth, and a more sustainable industry outlook.

Ken Research envisions, a promising future for USA’s Agri-equipment market, driven by cutting-edge technologies, government initiatives promoting sustainability, and intensified industry competition. This convergence is poised to reshape the landscape, ushering in an era of precision agriculture and innovative solutions for sustainable farming practices.

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The United States agricultural equipment market stands as a dynamic and pivotal sector within the nation's economy, driven by a convergence of factors that are propelling its growth and innovation. From technological advancements to changing agricultural practices, several driving forces are shaping the landscape of this booming industry.

1. The Power of Tech Advancements

Technological advancements like GPS-guided tractors and drones enable precise planting, irrigation, and harvesting. This level of precision maximizes yields while minimizing resource wastage, thereby boosting overall efficiency.

Automation solutions, such as driverless tractors and robotic harvesters, are becoming more prevalent. Artificial intelligence algorithms analyze data to make real-time decisions, improving operational accuracy and reducing labor demands.

IoT-enabled sensors monitor soil conditions, moisture levels, and crop health. Data analytics tools process this information to offer insights, helping farmers make informed decisions for better crop management and higher yields.

2. The Impact of Government Support

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Government policies provide financial incentives like subsidies and grants to encourage farmers to invest in modern equipment. These incentives ease the financial burden on farmers, making it more feasible for them to adopt advanced machinery.

Tax breaks on equipment purchases and maintenance costs lower the overall expenses associated with acquiring and maintaining agricultural machinery. This makes it financially attractive for farmers to upgrade their equipment and stay competitive.

Government support ensures that even small-scale farmers can access modern machinery, leveling the playing field and promoting equitable growth within the agricultural sector.

3. The Sustainable Drive Reshaping the Landscape

The market is witnessing a surge in demand for environmentally friendly agricultural machinery. Equipment designed with energy-efficient technologies and reduced emissions aligns with sustainability goals while maintaining productivity levels.

Sustainable practices such as precision irrigation and minimal tillage reduce water and fuel consumption. Machinery integrated with these practices addresses resource challenges, meeting the dual goals of economic viability and environmental responsibility.

The emphasis on sustainability encourages the development of machinery designed for durability, repairability, and eventual recycling. This contributes to a circular economy where equipment lifespan is extended, minimizing waste generation.

In conclusion, the USA agricultural equipment market stands as a thriving hub of innovation, driven by technological advancements, government support, and a resolute commitment to sustainability. As these driving forces continue to converge, they pave the way for a more efficient, accessible, and environmentally conscious future in agriculture.

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Agri-equipment Market USA

The Malaysia Wire Harness Market is being driven by growing demand for Consumer Electronics, Automotive Vehicles (EVs), and IOT devices is expected to exceed USD 982.1 Mn by 2027: Ken Research

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Malaysia Wire Harness Market

The Malaysia Wire Harness Market is currently in the growing stage, being driven by various factors such as the increasing demand for automobiles, consumer electronics, and industrial equipment in the country. Additionally, the adoption of smart home devices and the increasing demand for industrial automation are also contributing to the growth of the market. The market is highly competitive, with both domestic and international players competing for a share in the market.

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To remain competitive in the wire harness market, companies are investing in R&D and advanced technologies, with a strong emphasis on innovation and customization to meet customer needs. The market segmentation is mainly based on end-users, harnessing materials, and applications. Overall, the Malaysia Wire Harness Market is expected to continue to grow in the coming years, driven by the increasing demand for various end-use applications and the development of new technologies.

Key Market Findings:

• Key manufacturing clusters are located in Penang, Selangor, Kuala Lumpur, and Johor.
• Companies are investing in R&D and advanced technologies, with a strong emphasis on innovation and customization to meet customer needs.
• The market is primarily driven by the increasing demand for automobiles, consumer electronics, and industrial equipment in the country, as well as the adoption of smart home devices and the increasing demand for industrial automation.

Government Initiative: Another key driver of the Malaysia Wire Harness Market is the increasing demand for electric vehicles (EVs) in the country. The government has set a target of having 100,000 EVs on the road by 2030, which is expected to drive the demand for wire/cable harnesses in the automotive industry. Moreover, the development of new infrastructure projects is also expected to contribute to the growth of the wire harness market.

Influx of Retail Stores: Due to the rising young and urban population in the country, there has been a boom in the number of modern retail stores such as hypermarkets and supermarkets in the country as people prefer to purchase products from these stores. The Saudi Vision 2030 aimed to diversify and modernize the economy is expected to lead to the establishment of many new retail stores in the near future, which will positively impact the cold chain market.

Increasing Demand for Temperature-Sensitive Products: There is a constantly rising demand for products such as meat and seafood, dairy products, fruits and vegetables and other frozen and processed foods in the country. The increasing government impetus to improve the domestic production of food items in the country to diversify the economy is further expected to propel the demand for cold chain facilities.

Analysts at Ken Research in their latest publication “Malaysia Wire Harness Market Outlook to 2027- Driven By Increase demand for Consumer Electronics, Automotive, Government Initiatives and Infrastructural Development” by Ken Research observed that Malaysia Wire Harness Market is in the growing phase. Malaysia is one of the leading producers of wire harnesses in Southeast Asia, with a large number of domestic and international companies operating in the country. Increasing demand for automobiles, consumer electronics, and industrial equipment in the country and the adoption of smart home devices and the increasing demand for industrial automation are some of the factors that will contribute to the Malaysia Wire Harness Market over the period 2022-2027. It is expected that Malaysia Wire Harness Market will grow at a CAGR of 7.9% for the above forecasted period.

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Major Players Mentioned in the Report

• K. Wire Harness Sdn. Bhd.
• Seiko Denki (M) SDN BHD
• Chun Hau Electronic
• E Manufacturing Sdn Bhd
• TEM Group
• EH Success Solutions Sdn. Bhd
• Aval Electric Sdn. Bhd
• Kanhseei Teckh Sdn. Bhd.
• AECO Manufacturing (M) Sdn. Bhd.
• Sapura Thales Electronic (STE)
• Chestronics
• Hanshing Industries
• U. Connector (M) Sdn. Bhd.
• SDKM Technologies Sdn. Bhd.
• K. Wire Harness Sdn. Bhd.
• Seiko Denki (M) SDN BHD
• Chun Hau Electronic
• E Manufacturing Sdn Bhd
• TEM Group
• EH Success Solutions Sdn. Bhd
• Aval Electric Sdn. Bhd
• Kanhseei Teckh Sdn. Bhd.
• AECO Manufacturing (M) Sdn. Bhd.
• Sapura Thales Electronic (STE)
• Chestronics
• Hanshing Industries
• U. Connector (M) Sdn. Bhd.
• SDKM Technologies Sdn. Bhd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

• Wire Harness Companies
• Automotive Companies
• Consumer Electronic Companies
• Major Appliance Companies
• Harness Material Manufacturing Companies
• Industrial Development Authority
• Wiring Harness Manufacturer’s Associations
• Private Equity Firms
• Venture Capitalists

Time Period Captured in the Report

• Historical Period: 2017-2022
• Base Year: 2022
• Forecast Period: 2022-2027

For More Insights On Market Intelligence, Refer To The Link Below: –

Malaysia Wire Harness Market

Shutterstock dominating the US Still Images Market; making its stronghold permanent: Ken Research

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Shutterstock is an American still images provider with extensive collection, probable licensing and having large community of contributors, making a growth of ~13% p.a.

STORY OUTLINE

• Shutterstock pushes the boundaries owing to its extensive collection and user- friendly platform.
• Having its own licensing, Shutterstock holds its integrity in the US Still Images Market.
• With new technologies and acquisitions, Shutterstock crosses its own limits.
• Shutterstock is continuously growing due to its large community of contributors.

Emerging Players in US Still Image Market

1. Shutterstock pushes the boundaries owing to its extensive collection and user- friendly platform.

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• With the ‘royalty-free’ program, Shutterstock pushes to the top with over 110,000 stock images.
• Along with stock images, Shutterstock has over 10,000 Data Statistics Tool Images, making it one of the biggest still images player.
• With advanced and newer images, Shutterstock increases its customer retention, with over 2 million customers and rising.
• With a broad subscription based model, Shutterstock embraces its huge customer base, with a 2% increase in subscription-rate each year.

According to Ken Research, Shutterstock has been a leading player in the US Still Image Market, with over 400 million libraries of photographs and edited illustrations, making social media platforms and other companies get the most benefits out of it. This makes the company expand its reach and dominate in the US Still Images Market, making a growth of ~13% p.a.

2. Having its own licensing, Shutterstock holds its integrity in the US Still Images Market.

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• With ‘Standard Licensing’, images can be used for marketing and advertising, benefiting many multimedia companies, increasing the allover growth.
• With 3 other types of licensing namely, Enhanced, Editorial and Premiere License, different low to high end companies are benefiting from it, making the company grow over large scale.
• In addition to the royalty-free content, Shutterstock induces Rights-Managed Licensing, which gives the owner a right to own a particular image, making its ownership singular.
• Proper steps of protection by founder Jon Oringer, has made Shutterstock images safe from copyright infringement and cloning.

3. With new technologies and new acquisitions, Shutterstock crosses its own limits.

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• With Artificial Intelligence brimming to the peak, Shutterstock’s image creation reaches new heights, creating over 40 million still images.
• With a six-year partnership with OpenAI, Shutterstock has promised to give the access to its huge audio, video and image libraries.
• Shutterstock has also given promising leads on buying Giphy from Meta Platforms for $53 million, which would help in mobile users to use generative AI techniques from Giphy’s database.
• With Shutterstock Labs, a comprehensive image generation was found, which fueled the company’s main growth.

4. Shutterstock is continuously growing due to its large community of contributors.

 

Leading Players In US Still Image Market

• Shutterstock has a large community of growing contributors, providing vectors, photographs and own created images from scratch.
• Aaron N. and Katarina M. are the top contributors, dominating in Landscape and commercial photography and Food photography
• With the help of generative AI, Shutterstock contributors are deeply helped in their own field, making their individual portfolios and contributions make the company grow much more every year.
• With high-end security protocol, contributors remain unaffected with copyright protocols, preventing other users from taking other’s ideas.

CONCLUSION

Shutterstock is making a wide progress as globally social media and company to company dependent infographics are demanded on a large number, deeming an overall demand of the company. This leads to a rise in the workflow, increase in the number of contributors and global expansion of the company.

Asia's Thriving Live Streaming Market Set to Revolutionize Entertainment

 

STORY OUTLINE

• Indonesia's live streaming market is booming, prioritizing user experience with localized features and compliance with local regulations for content moderation and copyright protection.
• Live streaming platforms in the Philippines cater to regional preferences, offering localized content and supporting social causes through charity streams and fundraising.
• Despite low internet penetration, the Philippines' large population makes it an attractive market for live streaming expansion.
• Thailand's live streaming market benefits from high internet usage, with individuals spending over 8 hours daily online, creating significant opportunities for streaming platforms.

The live streaming market in Asia has experienced exponential growth and widespread popularity in recent years. Indonesia, as one of the largest and most populous countries in Southeast Asia, has emerged as a key player in the live streaming market. In the Philippines, live streaming has rapidly become a social phenomenon, capturing the attention of millions of internet users. Thailand's live streaming market has seen remarkable growth, reflecting the country's tech-savvy population and cultural diversity.

1.The Explosive Rise of Live Streaming in Indonesia

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In Indonesia, live streaming platforms prioritize user experience by offering localization features, including support for the Indonesian language, localized content curation, and customer service tailored to the local audience.

To comply with Indonesian regulations, live streaming platforms must adhere to content moderation, copyright protection, and user safety measures, ensuring legal operations within the country.

Social media personalities are also prominent live streamers in Indonesia, captivating audiences by sharing their daily lives, hobbies, and diverse opinions. Notable personalities such as Awkarin, Jess No Limit, and Raditya Dika are among the most popular in the live streaming scene.

2.Live Streaming Bridges Communities Across the Philippines

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Live streaming platforms in the Philippines focus on localization, offering regional content and highlighting talents for a culturally relevant experience.

Social causes and fundraising initiatives thrive on Philippine live streaming platforms, with charity streams and donation drives gaining popularity.

The Philippines has low internet penetration but offers potential for live streaming expansion due to its large population.

3.Thailand's Live Streaming Spectacle: A Digital Revolution Unfolds

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Thailand boasts one of the world's highest internet consumption rates, with individuals spending over 8 hours daily online, presenting significant opportunities for online live streaming, especially in social activities.

The Thai government actively promotes digital transformation and internet connectivity through initiatives like "Digital Thailand," focusing on improving broadband infrastructure and internet access in rural areas, fostering digital economy growth.

Online video content consumption in Thailand has surged, with YouTube being particularly popular for entertainment, music, tutorials, and vlogs. Streaming services like Netflix have also seen substantial growth.

In conclusion, the live streaming market in Southeast Asia, particularly in Indonesia, the Philippines, and Thailand, has witnessed unprecedented growth and cultural significance. With localization, social engagement, and government support, these countries present vast opportunities for live streaming platforms to thrive and connect with diverse audiences in the digital age.