Tuesday, February 12, 2019

Global SCARA Industrial Robots Market Research Report : Ken Research


The Report SCARA Industrial Robots: Global Market 2016-2021 gives a detailed analysis on the global market for SCARCA robots. The report examines the worldwide market of SCARA robotics through a comprehensive review and analysis of reliable information sources. In addition to the economic environments in the world, this report provides an in-depth and detailed analysis of market structure, the major industrial players/vendors, end-users, geographical landscape, and market forces. In most cases, historical statistics together with market outlook cover the 2014-2021 period. The report will help in making strategic business decisions to leave, expand or enter the market. The top players of the market are ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa Electric Corp., Adept Technology Inc., Mitsubishi Electric Corp., Toshiba Machine, Denso Wave, Staubli International, Epson Robotics and Kawasaki.
SCARA robots stand for Selective Compliance Articulated Robot Arm. SCARA robots are a popular choice for small robotic assembly applications. The configuration of these robots is unique and are equipped to handle material operations. These robots are compliant in X-Y axis and rigid in Z axis. These SCARA robots are used where there is a requirement for higher speed and higher accuracy since they can operate at a higher speed and optional cleanroom specification. The main advantage of SCARA robots is in terms of repeatability, where it can achieve up to tolerance lower than 10 microns unlike six – axis robots. Thus, these robots are suited best for smaller field of operations with smaller floor space making it easier to re – allocate applications.
The SCARA robots are circular in shape and thus doesn’t suit all type of operations. They have limited flexibility compared to other robots. Payload capacities and flexibility in their arms makes it easy for them to stack up material. Hence, they find use in packaging and stacking items. These SCARA robots are commonly known as 4 axis friend. They are constantly undergoing changes and are adapting to the new innovations and learning from customer setbacks. These days, SCARA robots are personalised as per needs as well.
The growth of this industry is influenced by various factors like usage of these robots in manufacturing industries, automotive industries demand, ever evolving technological advancements in robotics and reduction in custom duties. However, high cost of industrial robotics solution is a major impediment to the growth of all type of robots, let alone SCARA robots. SCARA robots have increasingly found use in the automotive and manufacturing industry. But lately, they are most frequently used in the food and beverage market as well and is expected to see the highest growth rate in the future due to the high growth in the food and beverage segment itself.
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Rise in Manufacturing Automation & Cost Savings to Drive the Engineering Services Market over the Forecast Period: Ken Research

Global Engineering Services Market
Engineering Services provides a wide spectrum of engineering, consulting, and analytical services to help and support companies with composite questions and concerns. This refers to the development of a new product, process, or service. These services are developed by an experienced or qualified team of engineers & quality assurance experts. Engineering services vary from planning and designing, feasibility studies, outsourcing, and technical services. The services also include design elements of product or service, infrastructure, and equipment and processes involved in manufacturing, maintaining, or delivering. Some of the important advantages of the services include reducing the over-headed costs labor, immediate access to the team of trained and skilled engineers.
According to study, “Global Engineering Services Market Research Report” some of the major companies that are currently working in the global engineering services market are Balfour Beatty,Tata Consulting Services (TCS), IBM Corporation, Accenture Plc., Infosys, HCL Technologies, AVL Tech, Wipro Ltd., Aricent, Hochtief Aktiengesellschaft, AKKA Technologies, Happiest Minds Technologies, Kiewit Corporation, Worley Parsons, Altran, AECOM, Tech Mahindra, ALTEN Group, Fluor, Capgemini, Bechtel, Infosys, Cognizant, SNC-Lavalin, Rapid Value, Jacobs, Laing O' Rourke, EInfochips, ACS Group. All these companies handle planning, supervision, and designing of construction related to a broad range of industries.
Based on the type, the global engineering services market is segmented into environmental engineering services, civil engineering services, mechanical engineering services, construction engineering services, and other engineering services. Based on the product type, the market is segmented into hardware engineering, software engineering, and process engineering etc. Software engineering comprises designing & writing programs for computer applications. Process engineering includes knowledge-based engineering (KBE) and manufacturing engineering support. Based on the end-user, the market is divided into automotive, industrial manufacturing, healthcare sector, aerospace, telecommunications, information technology, energy & utilities, and others.
The engineering services are mainly driven by the growing deployment of engineering services, followed by rising manufacturing automation & cost savings from, growing demand for the demand deliverance and the services followed by the rising technological advancements and the innovations. However, some of the major challenges associated include the domain expertise among workers or corporations, lack of end-to-end quality & process control, poor regulatory support and poor infrastructure development. Moreover, new trends associated with the collaborative co-innovation partnership with outsourcing firms, growing adoption of artificial intelligence, growing captive operations in the emerging countries and increase in the digital transformation among the organizations.
Asia-Pacific holds the major market share in the overall revenue the key factors driving the market in the region include cheap labor, strict government regulations, skilled talent pool and cost arbitrage in the developing nations like India, Malaysia, Vietnam, and the Philippines. Moreover, European region and North American region are likely to show higher growth rate or CAGR but less in comparison to Asia-Pacific over the predicted period 2018-2025, which is primarily due to enhancing demand of the engineering services.
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Asian Live Streaming Market Research Report & Forecast To 2023: Ken Research

The entire market of TV, Radio and Broadcasting has grown more effectively in the recent trend with the effective developments in the technologies of Live streaming. Whereas, live streaming video refers to broadcasts in the real time over the internet and it is a prominent phenomenon the entertainment and communication industry across the globe. Not only has this, it also generates better targeting strategies for the corporate. In the present times, the industry has shifted from just being a supplier of online broadcasting to a supplier of online video platforms with the vast rising user-generated content (UGC). The innovative live streaming facilities have conveyed the customers and brands close by managing the higher degree of transparency and thus encouraging a better understanding of the customer behavior for brands. Furthermore, the key players of this market are doing effective developments in the technology of broadcasting things more effectively for dominating the handsome amount of share across the globe.

With the effective developments in the technology the market has become more competitive and further influenced by the other existing key players and investors for attaining the highest return on investment. This will result in leading the fastest market growth more significantly during the forecasted period. According to the report analysis, ‘Asian Live Stream Market: Drivers, Restraints, Opportunities, Trends, And Forecasts To 2023it is states that there are several key players which are recently functioning in this market more effectively for dominating the handsome amount of share around the globe by adopting the effective market strategies and policies includes Ustream, JStream, Wowza, Neulion, NicePeopleAtWork and Amazon Prime and Kamcord. Additionally, the growing internet penetration, video quality, faster broadcasting speeds and speedy growth of smartphone penetrations are spurring the Asian live stream market growth. Hence, the market will grow more significant during the forecasted period.

Although, according to the research, the Asian Live Stream Market is anticipated to grow at a CAGR of 46.4% through the forecast period of 2017-2023. Additionally, the market of this is segmented into numerous segments which include user type, deployment type, device type, use-case, and countries. Whereas, on the basis of user types the market of live streaming video is further divided into B2C users, B2B users and P2P users. The market is driven by developing the internet speed, transforming the trends in entertainment industry and requirement for the greater transparency between customers and brands. The pervasiveness of public cloud technologies application, B2C and B2B branding, entertainment content, corporate communications, advertising, training purposes and others are fueling live stream platform's operations in Asian markets.

Moreover, the developing internet penetration rates and lowered device prices are predictable to improve the essential infrastructure required for the wide uptake of live stream technology. Therefore, in the near future, it is expected that the market of live streaming will grow across the globe more effectively over the recent few years with the effective investment by key players in the developments.

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Dynamic Landscape Of The Global Manganese Cathode Market Outlook: Ken Research


According to the report analysis, ‘Manganese Cathode Market By Technology (Rechargeable and Replaceable), By Applications (Consumer Electronics, Transportation, Industrial and Others) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023states that there are several key players which are presently functioning in this market more actively for leading the fastest market growth and attaining the handsome amount of share across the globe with the effective working techniques and advancement in the technology includes argray, Hitachi Chemicals, Exide Industries, Arkema, and Tesla. Moreover, many of the key players of this market are investing in the growth of this market by analyzing the related aspects which lead the market growth and deliver several growth drivers and growth opportunities. Nevertheless, the few of the players are establishing the research and development programs for developing the several related things which directly related to the market growth and benefitted for generating the high amount of revenue in the short span of time more enormously.
The manganese cathode acts as an active battery material or an auspicious material for battery technology that delivers better thermal permanency in the lithium-ion batteries. It supports in developing the product improvement and allow several applications to rise in their respective markets. Moreover, it also supports in cost management and delivers a motivating the growth for the overall battery materials. The material is majorly utilized in a prime battery, such as lithium-ion cells and leclanche cell which is generating growth onwards the overall battery market. Nevertheless, the key players of this market are playing an effective role by adopting the significant strategies and policies for improving the techniques of doing work and knowing the upcoming market trends which further proved to be beneficial for leading the fastest market growth during the forecasted period with the handsome amount of share across the globe.
According to research, the global manganese cathode market is anticipated to increase at a significant CAGR of 10.0% during the forecast period to reach USD 10.11 billion by 2023. The replaceable technology (type) is anticipated to maintain global dominance, which is presently driven by China. Asia Pacific is predictable to contribute the uppermost toward the global manganese cathode market during the forecast period. Additionally, the rigorous regulations toward environment security coupled with increasing demand for hybrid vehicles have supported the battery market to enlarge. The underdeveloped countries, such as India and China, are significant markets for electronics with encouraging growth potential and extreme ultimatum for manganese cathode.
Although, the North American countries are also improving the wide requirement owing to the higher consumer implementation and large automotive market. Europe is the third largest market for manganese cathode because of the heavy industrialization and consumer acceptance. Large infrastructure and vast consumer spending in North America and Europe are the aspects responsible for growing demand for manganese cathode in these regions. However, the Asia Pacific is leading the manganese cathode market owing to the benefit of having superior market share for the advanced electronic equipment. Therefore, it is expected that in the near future, the market of manganese cathode will increase more significantly over the recent few years.
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Monday, February 11, 2019

Increased Safety Coupled with Use of Low Electricity Consumption based Lightning to Drive the Smart Street Lightning Market in India: Ken Research

Smart street lighting assigns to public street lighting. It adapts to movement by cyclists, pedestrians, and cars. It is also referred to as adaptive street lighting. The lights get dim when no activity or action is detected, but brightens when movement is perceived. It provides enhanced visibility, environment-friendly and energy saving solutions. It also helps in saving energy, reducing maintenance and lowering of costs. Some of the associated features are adaptability & compatibility, evolving & long-lasting solution, increased safety & visual comfort and evolving & resilience.

According to study, “Smart Street Lighting Market in India - Connectivity Technologies (Wi-Fi, Bluetooth, Power Line Communication (PLC), Radio Frequency), Lighting Lamps: (Incandescent Bulbs, HID Lamps, LED, Fluorescent Lamps and CFL), Network Components (Sensors, Ballasts and Lamp Controllers) - Drivers, Opportunities, Trends, and Forecasts, 2016-2022” some of the major companies currently working in the smart street lighting market in India are Philips Lighting, Havells India Ltd., OSRAM Licht AG, Microsoft Corporation, Eveready Industries India Ltd.,Tech Mahindra, SYSKA LED Lights, GE Lighting, Acuity Brands, Bajaj Electricals Ltd., Wipro Lighting, Cisco System Inc., IBM, Maven Systems Pvt. Ltd., NTL Electronics India Ltd., Intel Corporation, Kii Corp.

Based on the components, the smart street lighting market is segmented into software, hardware and services. Hardware components are further sub-segmented into sensors, LED arrays, communication modules and others. Services components are further sub segmented into professional services (training & implementation and system integration) and managed services. Based on the connectivity technologies, the market is segmented into Bluetooth, Wi-Fi, radio frequency and Power Line Communication or PLC. Based on the network components, the market is segmented into ballasts, sensors and lamp controllers. Based on the lighting lamps, the market is segmented into High Intensity Discharge Lamps (HID), Fluorescent Lamps, Light Emitting Diode (LED) Lamps, incandescent lamps and Compact Fluorescent Lamps (CFL). Based on the zones, the market is segmented into rural lighting zones and urban lighting zones. Based on the application, the market is segmented into street light management, environmental monitoring, video surveillance, road & highways, signals, bridges, urban infrastructure innovation, internet access, traffic monitoring, public messaging and smart parking.

The Indian smart street lighting market is primarily driven by increased safety & security, low electricity bill, constant innovation in mobile networks, increased adoption for LED lighting lamps, growing popularity of white lights and growing market for IOT applications. However some of the restraints impacting the demand include cost-effective, cyber threat, lack of awareness, vigilant lighting regulations & standards and limited LED products availability in country. India is witnessing new opportunities for the smart street lightning this includes development of smart cities, new business parks creating employment and new business opportunities demanding Better Street lightning.

During 2016-2022, it is expected that the Indian smart street lighting market to grow at a CAGR of 42.2 %. It is predicted that the market to reach at US$1,868.9 million by 2022. In the upcoming years, it is expected that the market to grow rapidly owing to the mounting number of smart cities projects.

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Dynamic Landscape Of The Global Autonomous Vehicle Market Outlook: Ken Research


An autonomous vehicle is that type of vehicle which can guide itself without the interference of human body. Moreover, an autonomous vehicle is also known as robot car, self-driving vehicle or robot car. From a starting point to a predetermined destination the autopilot mode is using in various vehicles with the adaptive cruise control, anti-lock braking systems, lasers, radar, active steering and GPS navigation technology. Automakers are progressively aiming on autonomous vehicles to placate customer requirement, to endure competitive and to develop their product portfolio. The driving ability of the autonomous vehicles varies based on the automation levels. The autonomous vehicles or driverless vehicles are those which can operate themselves without any human interference, sensors, communication systems and employing inbuilt software. The key players of this market are playing an important role by dominating the highest market share across the globe by adopting the effective strategies and policies after analyzing the key strength of competitors which further proved to be beneficial for leading the fastest market growth in the short span of time.

According to the report analysis, ‘Autonomous Vehicle Market: Global Drivers, Restraints, Opportunities, Trends, And Forecasts To 2023it is states that there are several key players which are presently functioning in this sector more significantly during the forecasted period by doing the significant developments in the technology with the developed techniques of doing work includes Apple, Google, Nissan Motor, Ford Motor, Intel, Volvo, General Motors, Argus Cyber Security, nuTonomy, Almotive and Autoliv. In addition, with the active working of the key players the nature of this market is become more competitive and profitable for making the handsome amount of investment and delivers the high return on investment. Not only has this, this will result in an effective market growth during the forecasted period.

Although, according to the research, the global autonomous vehicles market revenue is anticipated to increase at an effective CAGR of 39.6% during the forecast period of 2017-2027 reaching USD 126.8 billion by 2027. The trending developed technology, artificial intelligence (AI), is anticipated to play an effective role in the global autonomous vehicle market. The automakers and technical vendors are investing in AI to thrive in the era of autonomous vehicles. Furthermore, vehicle shared facilities such as car sharing/ taxi sharing will reach a developed adoption rate as individuals are most likely to utilize these kind of services because of the greater affordability and ease.In addition, the region-wise segmentation analysis demonstrated that North America controls the prominent market share followed by Europe. China, India, and Japan are the proficient countries in the autonomous vehicles market. Under the segmentation by product type, the software segment contributes an effective market share due to the growing AI acceptance in vehicles.

The acceptance rate of semi-autonomous vehicles is anticipated to increase at a speedy rate as the consumers and enterprises are investing profoundly on autonomous features. Therefore, in the near future, it is expected that the market of autonomous vehicle will grow more significantly over the recent few years.

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Growing Implementation of Low Power Consumption, and Rising Need of Long Range Connectivity Between Devices to Drive the Lower Power Wide Area Network Over the Forecast Period: Ken Research

Low power wide area network (LPWAN) refers to a form of network which allocates long range communication at a low bit rate. It is a wireless technology which can be integrated into the cars, street lights, manufacturing equipment, wearable devices and home appliances. It offers a very compelling mix of extensive range, secure data transmission and low power consumption. This technology is specially designed for Machine to Machine (M2M) communications. It permits wider range for M2M & Internet of Things (IoT) applications controlled by budgets & power consumption. The data transfer rates is very low with low-bandwidth & less power utilization of the connected devices. It is used for smart cities & buildings, transportation and industrial applications.

According to study, “Low Power Wide Area Network (LPWAN) Market, Technologies [LoRa, SigFox, Weightless- N, Weightless- P, Weightless-W], Network Types [Private and Public], Industry Verticals, Regions, Competitive Landscape, End-User Analysis - Global Market Drivers, Opportunities, Trends, and Forecasts, 2016-2022” some of the major companies that are currently working in the low power wide area network (LPWAN) market are SigFox, On-Ramp (Ingenu) Inc., Bouygues Telecom, Behr Technologies, Deutsche Telekom, Ericsson, Nwave Technologies, Semtech Corp., Renesas Electronics, Telefonica SA, Samsung, Sierra Wireless, ST Microelectronics, Tata Communications, Texas Instruments, Etilasat, Hiber, Pycom, Sat4M2M, ST Microelectronics, Kamstrup A/S, NXP Semiconductors, Weightless SIG, MEC Telematik, Neul (Huawei) Ltd., LORIOT AG, Comcast, Engie M2M, Ubiik, China Mobile, WAVIoT, Weightless SIG, Qualcomm Inc., Libelium Comunicaciones Distribuidas S.L, AT&T Inc., Senet, Inc., Zifisense, Cisco Systems, Link Labs, Vodafone Group Plc., Actility.

Based on the types, the LPWAN market is segmented into LPWAN service revenue and LPWAN devices. LPWAN service revenue includes LPWAN connections and LPWAN devices include ASP of the LPWAN module and module shipments of LPWAN. Based on the network types, the market is segmented into public networks and private networks. Based on the technologies the market is segmented into LoRa Alliance, nWave, SigFox or UNB, Random Phase Multiple Access (RPMA), weightless SIG, Qowisio and Ingenu (On-ramp). Weightless SIG is defined as Weightless-P, Weightless-N and Weightless-W.Based on the application, the market is categorized into smart streetlights, smart buildings, smart waste management, smart parking, smart gas & water metering, smart buildings, livestock monitoring and others. Based on end-users, the market is segmented into consumer electronics, agriculture, transportation & logistics, industrial manufacturing, utilities, and infrastructure.

The demand of LPWAN is primarily driven by growing adoption of low power consumption, rising need of long range connectivity between devices, increasing internet users & connected device, cost savings, increasing number IoT/M2M applications and increase in the development of smart cities & smart buildings. However, some of the restraint such asincompatibility in handling heavy data traffic, lack of standards, privacy & security concerns, absence of unified regulatory body, and integration complexities are impacting the market significantly. Moreover some of the new opportunities include OEMs, MNOs & non-MNO network providers, small & medium enterprises (SME) and system integrators.

The Europe holdsthe leading share in the market followed by Asia-Pacific and North America owing to growing technological enhancements and propagation of smart connected devices in the region. It is anticipated that the future of LPWAN market to be bright due to increase in need of connectivity.

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Changing Dynamics Of The Worldwide Cryptocurrency And Blockchain Market Outlook: Ken Research


The worldwide market of IT and ITES has grown more significantly with the developed techniques of doing work in the recent trend with the crypto-currency category. The crypto-currency is a digital currency that uses cryptography techniques to create the transactions secure and to limit the formation of additional units of currency. Moreover, it is decentralized and there is no third-party/central body/governing body included in introducing new currency, identifying the transactions, and safeguarding the currency supply. Whereas, the technology of blockchain works as a ledger that represent the transaction activities among the peers. Crypto-currency is a future and new revenue stream in the digital finance word. Additionally, the key players of this market across the globe are adopting the attractive strategies and policies with the innovative idea of doing work for dominating the highest market share around the globe which further lead the fastest market growth across the globe in the short span of time.

According to the report analysis, ‘Worldwide Cryptocurrency And Blockchain Market (2016-2022)it states that there are several key players which are presently functioning in this market more significantly around the globe for accounting the highest market share by doing effective developments in the technology of doing related function includes ZEB IT Service Pvt. Ltd., Coinsecure, Coinbase, Bitstamp Ltd, Litecoin, Poloniex Inc, BitFury Group Limited, Unocoin Technoloiges Pvt Ltd, Ripple, Okex Fintech Company LTD, Bitfinex, Global Arena Holding Inc, BTL Group Ltd, DigitalX Limited, IBM Corp, Microsoft Corporation and several others. Moreover, with the effective working of the key players the nature of this is expand more and make the market more competitive which influenced the existing key players and coming investors for making the huge amount of investment which further proved to be beneficial for leading the highest market growth during the forecasted period.

Although, the growing online transaction, less transaction fees, easy and faster transaction, transforming  consumer and business landscape have led the requirement for the market growth. Whereas, the prime drivers of the crypto-currency market involve proper security, authentication, ease of transactions and push mechanism that supports the crypto-currency holder to send exactly what he demands without any further information. Meanwhile, the global Crypto-currency and Blockchain Technology Market is expected to observe an effective CAGR of 35.2% during the forecast period of 2016-2022.

Additionally, on the basis of region, with the attractive growth drivers the market of this is spread across the globe which majorly includes Americas, Europe, Asia Pacific and Middle East & Africa. The Americas is set to be the prime region for the crypto-currency market growth followed by Europe. Meanwhile, the Asia Pacific and MEA are set to be the improving regions. India is set to be the most attractive destination and in Africa, the popularity and the utilization of numerous crypto-currencies are anticipated to rise in the near future. By 2022, the MEA market revenue is anticipated to reach USD 3.02 billion. Furthermore, it is anticipated that the market of cryptocurrency and blockchain will increase during the forecasted period more effectively.

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Growing Demand In The World For Automotive Elastomers Market Outlook: Ken Research

Global Automotive Elasticity Market

An elastomer is a polymer with viscosity and elasticity and very weedy intermolecular forces, and high failure train with the frequently low young modulus and other materials. Moreover, these are unstructured elastic polymers and an amorphous polymer which has a glass transition temperature below ambient temperature, which means it is soft and rubbery and supports in substantial movement. Hence, with the effective applications of this, the market will increase more significantly during the forecasted period. Not only has this, but the key players of this market are also doing their job by folding up their sleeves for enhancing the usage of such and attaining the highest market share around the globe more efficiently in the short span of time.
According to the report analysis, ‘Global Automotive Elastomers Market Research Report’ states that there are several key players which are presently functioning in this sector more actively for attaining the highest market share around the globe by doing significant developments in the techniques of doing work with the technology which further in the demand for elastomers from the different sector for automotive includes BASF SE (Germany), DowDuPont, Inc. (US), Exxon Mobil Corporation. (US), LG Chem (South Korea), JSR Corporation (Japan), ARLANXEO (The Netherlands), Teknor Apex (US), SABIC (Saudi Arabia), Mitsui Chemicals, Inc (Japan), Versalis S.p.A. (Italy), KURARAY CO., LTD. (Japan), PJSC. Moreover, the key players of this are analyzing related aspects of the market for knowing the restraints, market opportunities and growth drivers for leading the fastest market growth during the forecasted period. Nevertheless, the player of this market is adopting the attractive and innovative strategies and policies for doing effective developments in the specifications of the product and makes the market more competitive and profitable for both the consumer and investors. This will also result in leading efficient market growth in the short span of time.
Although, according to analysis, the global automotive elastomers market is anticipated to increase at a significant CAGR during the forecast period. Growing demand for both passenger and commercial vehicles is predictable to drive global market growth. Rigorous emission regulations and resulting requirement for light-weight materials are anticipated to drive the market growth. Whereas, As per the analysis, the global market for automotive elastomers is expected to reach USD 45,618.2 million by 2023 and is estimated to increase at a healthy CAGR of 5.41% during the forecast period. Moreover, the global market of automotive elastomers is sectored differently which majorly includes type, application, vehicle type, and region.
Nevertheless, on the basis of region, the market is further segmented which majorly includes highly innovated and developed regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific accounted the automotive elastomers market in 2017 and is anticipated to increase at the highest CAGR of 5.60% during the review period, due to the proliferating automobile industry, consumer preference for passenger vehicles, and rapid urbanization. However, China controlled the prominent market share of nearly 50% in 2017 owing to the favorable government initiatives, a significant increase in the purchasing power, and rising standards of living. Therefore, in the near future, it is expected that the market of automotive elastomers will increase across the globe more significantly over the recent few years.
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Landscape Of The Global Descriptive Analytics Market Outlook: Ken Research



In the recent trend, the market of information services, newspaper and magazines has grown more effectively with the present scenario, significant developments in the techniques of doing work and category of descriptive analytics. Whereas, the descriptive analytics is a preliminary stage of data proceeding that generates an effective summary of historical data to yield useful information and possibly formulate the data for further analysis. Descriptive analytics is sometimes said to deliver information about happened. Additionally, the key players of this market are playing an important role by dominating the highest market share with the effective technologies of doing work around the globe in the short span of time. With the effective technologies and developed techniques of doing work the market of this lead an effective growth more significantly across the globe in the short span of time.

According to the report analysis, ‘Descriptive Analytics Market by Verticals (Bfsi, Telecom, Retail & Consumer Goods, Healthcare, And Energy & Utilities), Regions (North America, Western Europe, Central Eastern Europe, Asia Pacific, Middle East & Africa, And Latin America) Global Market Drivers, Opportunities, Trends, And Forecasts, 2016-2022it states that there are several key players which are recently functioning in this market more effectively for dominating the highest market share around the globe with the effective strategies and policies after analyzing and studying the key strength of competitors and guidelines of the government respectively includes IBM Corp., Hewlett-Packard Co., Oracle Corp., Dell Inc., EMC Corp., Accenture Plc., Tata Consultancy Services Limited, FICO, SAP, Microsoft Corp., SAS Institute Inc., TIBCO Software Inc., MicroStrategy Inc., Tableau Software Inc. and several others. Moreover, with the effective working of the key players and investigation on the related aspects of the market results in the competitive nature of this market which further enforced the existing key players and coming investors for making the huge investment. This effective amount of investment leads the fastest market growth more significantly during the forecasted period.

Additionally, the enterprises are progressively shifting towards the acceptance of analytics techniques to analyze the structured and unstructured data to gain the valuable insights to generate the effective decisions. Not only has this, the descriptive analytics delivers the profitable information related to the past business disappointment or success, these insights support the business premises to create the better business plans to make success in the future business. The growing acceptance of digital technologies, the requirement of analytics, and significant increase in the return on investments (ROI) are few of the prominent drivers for descriptive analytics market growth. For instance, on the basis of research it is expected that the market to rise at an effective CAGR of 18.2% during the forecast period of 2016-2022.

With the effective applications the market of descriptive analytics is spread across the globe which majorly includes North America, Western Europe, Asia Pacific, Central Eastern Europe, Middle East & Africa and Latin America. Moreover, the North America is set to be the toughest performer for the analytics market growth followed by Western Europe. Moreover, the descriptive analytics tools are being vastly accepted in all the industry sectors and are primary elements in analytics tree. Therefore, in the near future, it is expected that the global market of descriptive analytics will increase more significantly over the recent few years.

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