Thailand Online Classified Market Outlook to 2023: Ken Research

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The report titled “Thailand Online Classified Market Outlook to 2023- By Horizontal and Vertical Classified, By Source of Revenue (Listings and Media Advertising), By Verticals (Automobile, Properties, Jobs and Others), By Channel (B2B and B2C & C2C)” covers the market overview, business models, vendor selection process, trends, and developments, issues and challenges, SWOT analysis, and Competitive Landscape. The report concludes with future market projection and analyst recommendations highlighting the major opportunities and cautions.

Market Overview and Size

Thailand Online Classifieds market is at the nascent stage. Thailand Online Classified Market in terms of domestic revenue has increased at a positive CAGR during the period 2013-2018. Thailand has witnessed a shift within the digital economy as brands have become more innovative in exploring digital and mobile advertising technologies. Even the government is taking initiatives such as Thailand 4.0 and Thaitrade.com in order to encourage its population to use digital technologies.

There has been a gradual shift from print media to online media in recent years owing to the increase in the number of internet users and less cost involved in the online medium. Online media offers easy and quick services to the customers. The rising number of online classified portals and the free services offered by them has supported the growth of the market.

Thailand Online Classified Market Segmentation

By Type of Scope of Listings

Vertical classifieds have majorly dominated the classified space in Thailand. In order to stay in the competition, the horizontal companies have transformed themselves into a house of vertical websites; the first horizontal website in Thailand to implement this was Kaidee.

By Source of Revenue

Premium Listings are the most common form of revenue generation in the listing segment. The seller is offered value added services such as premium at the top of the search listing, more space, no word limit, top placement on the list.

By Category

The Automobile online classifieds generate the maximum revenue mainly from used car listings followed by property classifieds which are dominated by condominium styled residential listings, followed by job classifieds having jobs pertaining to technologies such as AI, IoT, and others which take up the majority of the listings. The other segment includes categories like electronics, jewelry, and others.

By Type of channel

The B2C and C2C channeled classified websites dominate the Thailand classified industry but as over 95% of the enterprises in Thailand are SME’s, the B2B channel type classifieds will grow significantly as it will become a primary channel of expansion for these companies.

By Region

Bangkok has the highest number of the working population and is home to 25% of the SME’s in Thailand which makes it the major revenue yielding city in Thailand. Eastern provinces namely Chachoengsao, Chonburi, and Rayong have seen a significant increase in listings due to industrial developments in the EEC program.

Competitive Landscape

Thailand Online Classified market is concentrated. It consists of various global and local sites. But the local websites overpower global websites. It is difficult for new players to enter the market and gain market share as major domestic companies have gained a strong brand engagement with the locals. The entry of social platforms such as Facebook marketplace and WhatsApp private groups will exasperate the competition with the classified companies.

Thailand Online classifieds Market Future Outlook

In the future, it is anticipated that Thailand Classified revenue will increase at a positive CAGR during the period 2018-2023E. The online classified market in Thailand is anticipated to grow at a robust rate owing to the rapid proliferation of mobile phone internet users, rising internet penetration, increasing demand for used products and others. The country is expected to see more spikes in employment activities, real estate sector and automobile sectors.

Key Segments Covered:-

By Type of Scope of Listings

Horizontal

Vertical

By Type of Classifieds

Specialized Classifieds

News Classifieds

By Source of Revenue

Listings

Media Advertising

By Vertical Category

Automobile

Property

Jobs

Others (includes agriculture, gems, jewelry, community, and services)

By Channel

B2B

B2C and C2C

By Region

Bangkok

Others (Chiang Rai, Lam Phun, Nan, Phayao )

Key Target Audience:-

Automobile Companies

Construction Companies

Real Estate Companies

HR Consultancies

E-commerce Companies

Classified Companies

Investors

Advertising Agencies

Corporate Clients

B2B Businesses

Time Period Captured in the Report:-

Historical Period: 2013-2018

Forecast Period: 2019-2023E

Companies Covered:-

DD Properties

Dot Properties

Thailand Property

Kaidee

Real Estatehub

Real estate Thailand

Bangkok Citismart

Chobrod.com

One2car

Carmana

Motors.co.th

Job Thai

Career Jet

Job BKK

Job Thai Web

Job Top Gun

Job.th

ejobesay.com

Jobdb

Eworld trade

Thai trade

Trade world Asia

Locanto

Checkraka

Key Topics Covered in the Report:-

Executive Summary

Research Methodology

Vendor Selection Process

Business Model for Classifieds Market

Market Overview and Genesis

Market Size, 2013-2018

Market Segmentation, 2018

Competitive Scenario

Horizontal Classifieds Market in Thailand

B2B Online Classifieds Market

Automobile Online Classifieds Market

Property Online Classifieds Market

Job Online Classifieds Market

Growth Drivers

Issues and Challenges

SWOT Analysis

Future Market Outlook and Projections, 2018-2023E

Future Market Segmentation 2018-2023E

Analyst Recommendations

For More Information On The Research Report, Refer To Below Link:-

Thailand Online Classified Market Outlook

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Vietnam Online Advertising Market Outlook To 2023 - By Medium (Desktop And Mobile), By Type (Banner, Video, Search, Social Media, And Online Classifieds & Others Digital Advertising), By Sectors/Industries (FMCG, Healthcare, Entertainment & Media, Retail & E-Commerce, Automotive, BFSI And Others)

Philippines Online Classifieds Market Outlook To 2021 - Growing Real Estate Market & Demand For Used Cars To Gain Traction In Future

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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Growth in the Landscape of Global Autoinjectors Market Outlook: Ken Research

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Generally, the medical devices are utilized for the self-injection of drugs, classically life-saving drugs, are known as autoinjectors. Such devices are significantly attaining the augmented importance for the management of the anaphylaxis, rheumatoid arthritis, diabetes, multiple sclerosis and several others. Moreover, the autoinjectors are comfortable to utilize and projected for the self-administration by the characters either at the caretaker premises or at home.

According to the report analysis, ‘AUTOINJECTORS MARKET FORECAST UP TO 2024’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share around the globe more positively during the short span of time while augmenting the prevalence of anaphylaxis, studying and analyzing the favorable government policies and increasing expense on the development of healthcare equipment includes Mylan NV, Novartis AG, Amgen, Inc., Becton Dickinson and Company, Bayer AG, Eli Lilly & Company Ltd, Ypsomed Holding AG, Biogen Pharmaceuticals, Pfizer Inc., Teva Pharmaceutical, Antares Pharma, Inc., Johnson and Johnson, and AbbVie Inc.

Furthermore, in the coming years, the growing approvals of the autoinjectors will fuel the autoinjector market growth whereas, the superior number of associations or companies are investing the handsome amount of money in the numerous research and development programs of innovative autoinjectors due to the significant growth in the diseases such as cancer, anaphylaxis and several others.  In addition, the effective development of the new generic products will develop the reimbursement aid for the autoinjectors. Whereas, the favorable reimbursement landscape should increase the autoinjectors revenue structure in the coming years. Not only has this, the existence of the reimbursement support will serve the worthwhile business growth by augmenting the acceptance rate in the foreseeable period.

Moreover, the foremost producers of the autoinjectors are effectively focused on the innovative marketing tactics to enlarge the reach of their products around the globe. The effective growth in the awareness campaigns and price deduction of the branded devices are among the strategies utilized by the leading companies to maintain the intense competition in the market. Many of the companies are rebranding their autoinjectors with worthwhile depletion in the price.

Although, the growing prevalence of the severe medical conditions such as anaphylaxis & other food allergies, the effective advancements in the autoinjectors technology, increasing requirement for the home healthcare, and the increasing demand for the self-injectors are the factors assisting the growth of the autoinjectors market. Moreover, the novel formulations of drugs and efficient advancements in drug delivery systems along with promising government regulations are delivering an opportunity for the market growth.

The global autoinjectors market is predicted to witness a handsome CAGR of 17.1% during the forecast period of 2018-2024. Whereas, the market of autoinjectors is spread around the globe which majorly involves North America, Europe, Asia Pacific, and Rest of the World (ROW). However, the North America registers for the principal share of the autoinjectors market, followed by Europe, Asia Pacific, and Rest of the World. More than 65% of the market is attained by the North America, with the US being the foremost underwriter to the market growth.

Therefore, in the upcoming years, it is predicted that the market of autoinjectors will increase around the globe more positively over the reviewed period.

To know more, click on the link below:-

Global Autoinjectors Market 2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

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High Adoption of Minimally Invasive Procedures, Technological Innovations, and Rise of Smoking & Alcohol Consumption to Drive the Global Orthopaedic Devices Market over the Forecast Period: Ken Research

Orthopedics is a branch of medicinal surgery dealing with restoration & preservation of the utilities of the musculoskeletal system. It is concerned with injuries, deformities, and prevention of disorders of skeleton & associated structures for instance tendons and ligaments. Orthopedic devices help in treating orthopedic injuries & deformities such as spinal surgery, joint reconstruction, and trauma fixation. The joint reconstruction products contain devices for elbow, hip, knee, wrist, shoulder, ankle, and fingers. These types of medicinal implants are fabricated with titanium & stainless-steel alloys. The implants are coated by plastic coating and act as an artificial cartilage. The major type of medical implants are pins, rods, plates, and screws used to anchor fractured skeleton while they heal.

According to study, “Global Orthopaedic Devices Market Trends and Drivers, Restraints, and Opportunities 2017-2023” some of the major companies that are currently working in the global orthopaedic devices market are NuVasive, Inc., Zimmer Biomet Holdings, Medtronic PLC, DePuy Synthes Inc., AMEDICA, Microport Scientific Corporation, B. Braun Melsungen AG, Smith & Nephew, Inc., camber Spine technologies, bioventus, Wright Medical Group, Inc., Arthrosurface, Ankita Therapeutics, Aesculap Implant Systems LLC, BBS-Bioactive Bone Substitutes, Baxter, 4WEB Medical, Waldemar LINK, Stryker Corp., Advanced Orthopedics, Alphatec Spine Inc., Donjoy, Inc., Acumed Inc., TriMed Inc., Arthrex Inc., Barkeley Advanced Biomaterial, aap Implantate AG, Medacta, DJO Global, AlloSource, Integra LifeSciences, ConforMIS, Inc., Globus Medical, Inc., Conmed Corporation, Emerge Medical, Flower orthopedics, Exactech, Hip Innovation Technology, Graftys, Internal Fixation Systems, Intelligent Implant Systems, Keramat, ISTO Biologics, Medartis, K2M, MicroPort Scientific,, LDR Holding, Orthofix International, OsteoMed, orthogem, RTI Surgical, Paragon 28, Spinal Analytics & Geometrical Implant, Shoulder Innovation, Vilex, Tyber Medical, XTANT Medical, Virak Orthopedics.

Based on type, the global orthopaedic devices market is segmented into lower extremity devices, upper extremity devices, spine orthopedic devices, orthobiologics (bone growth factors, bone graft substitute and bone cement), arthroscopic devices, and braces & support devices. Spine orthopedic devices include artificial discs, fixation nail/rod, fixation screws, fixation plates and fixation wires. Based on product type, market is alienated into surgical devices and accessories. Surgical devices include guide tubes, distracters, implant holder, drill guide, custom clamps, screw drivers and others. Accessories include consumables, braces and others. Based on application, market is divided into radius orthopaedic devices, dental orthopaedic devices, hip orthopaedic devices, elbow orthopaedic devices, Cranio-Maxillofacial (CMF) orthopaedic devices, knee orthopaedic devices and Sports Injuries, Extremities and Trauma (SET) orthopaedic devices.

The global orthopaedic devices are mainly driven by high adoption of minimally invasive procedures, technological innovations, rising trend of smoking & alcohol consumption, high prevalence of diabetes & obesity, increase in the number of sports & road traffic accidents and growing geriatric population. Apart from the major benefits, some of the market restraints include social & ethical issues, lack of uniform reimbursement landscape, dearth of skilled professionals, high cost of implants and increase in number of product recalls.

The North American region held a major share of the global market owing to rise in awareness about the compensation of several orthopedic devices and high health care expenditure in the U.S. In addition, Asia-Pacific is also expected to drive due to rise in incidence of orthopedic diseases & improving economy in India, China and other countries. In 2018, the global orthopaedic devices market held at US$42.3 billion and it is expected that the market to grow at rapid pace due to higher incidences of osteoarthritis, musculoskeletal & osteoporosis disorders.

For more information, click on the link below:

Global Orthopaedic Devices Market

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Changing Dynamics of The Work Class Rovs Globally Market Outlook: Ken Research

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The word-class remotely operated vehicles (ROVs) are outsized enough unmanned underwater vehicles to equipped additional sensors and/or manipulators. Such vehicles frequently have a multiplexing ability that enables additional sensors and tools to function without being ‘hard-wired’ through the umbilical system. These ROVs are commonly larger and more powerful than the observation mini ROVs. The emergence of the ROV technology has effectively resulted in the ever-growing application of work class ROVs in oil and gas industry, military/defense, scientific research and other segments. Furthermore, the potential players of work class rovs market are doing effective developments in the technology for delivering the better product and services at a reasonable price and increasing the demand from several industries by introduction of new and innovative sensors in this technology which further profitable for increasing the value of market share and leading the fastest market growth in the coming years around the globe more significantly.

According to the report analysis, ‘Global Work Class ROVs Market 2017-2025 by Industry Vertical, Application, Hardware Component, Vehicle Type, Propulsion System and Region’states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the highest value of market share around the globe more significantly while decreasing the occurrence of restraints and hurdles, facing the challenges more actively and effectively attaining the market growth opportunities includes Andrews Survey, C-Innovation, DOF Subsea AS, Forum Energy Technologies, Fugro Subsea Services Ltd, Hallin Marine Subsea International PLC, Helix Energy Solutions, i-Tech (Subsea 7), Kystdesign AS, Oceaneering International, Inc., Perry Slingsby Systems Limited, SAAB SEAEYE LTD., Saipem (Sonsub), Schilling Robotics, LLC, Soil Machine Dynamics Ltd (SMD) and several others. Moreover, many of the potential players in this market are actively working on the developments of technology for increasing the demand and generating the high value of revenue around the globe more significantly which further profitable for increasing the growth of this market during the short span of time.

Although, the global market of work class rovs is sectored into different segments which majorly involves industry verticals, new built and operation/service, hardware component, application, propulsion system, region and vehicle type. Whereas, based on the hardware component, the market is sub segmented into imaging system, sensors and automation systems, steering and positioning, navigation system, energy and propulsion and several others while, on the basis of vehicle type, the market is divided into light work class vehicle, medium work class vehicle and heavy work class vehicle. Not only has this, the application sector involve drilling support, construction support, inspection, repair and maintenance and several others.

Additionally, with the foremost market segmentation, the market of work class rovs is spread around the globe which majorly involves APAC, Europe, North America, Latin America, Africa, Middle East and Rest of the World. The Asia Pacific region is predicted to contribute the effective amount of market share with the significant increase in the construction support, as well as inspection, repair and maintenance (IRM) activities around the globe. Therefore, in the coming years it is predicted that the market of work class rovs will increase around the globe more significantly over the forecasted period. 

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

Global Work Class ROVs Market 2017-2025

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Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Increasing Potential In The Global Cleaning Robots Market Outlook: Ken Research

The technology of robotic cleaning has been evolving and changing the landscape of cleaning in both commercial settings and residential environment. An augmenting existence of the cleaning robots has been experienced in the global market due to the smart equipment can inferior the labor cost, develop the cleaning efficiency, and decrease the working accidents. Moreover, the professional cleaning robots are efficiently accepted by the manufacturing plants, education buildings, retails, healthcare facilities, deduction in decreasing the working accidents and several others. Whereas, the robovacs are more implemented by the elderly population, people with the disability and tech-savy households who prefer a modern lifestyle. Furthermore, many of the players in cleaning robots are doing effective working for leading the fastest market growth and registering the highest share in the market across the globe in the coming years around the globe while advancing the applications of the robotic cleaning technology and transforming the working techniques.

According to the report analysis, ‘Global Cleaning Robots Market 2017-2023 by Application, End-user, Distribution Channel and Region: Segment Analysis, Trend Outlook and Business Strategy’ states that there are several key players which are recently functioning in this sector more actively for leading the fastest market growth and controlling the foremost value of market share across the globe during the forecasted period while increasing the applications, effective working on the restraints and analyzing the profitable aspects of the market for knowing the growth opportunities and drivers includes AB Electrolux, ADLATUS Robotics GmbH, Alfred Karcher GmbH & Co. KG, Aqua Products, Inc., Avidbots Corp., BSH Bosch Und Siemens Hausgerate Altersfursorge GmbH, Cleanfix Reinigungssysteme AG, Danduct Clean, Dyson Ltd, ECOVACS Robotics Co., Ltd., GE Inspection Robotics, Hanool Robotics Corp., Hayward Industries, Inc., HOBOT, Husqvarna Group, IBC Robotics, Intellibot Robotics LLC, iRobot Corporation, Koninklijke Philips N.V., LG Electronics, Maytronics Ltd., Metapo, Inc., Miele & Cie. KG, Moneual USA, Inc., Neato Robotics, Inc., Panasonic Corporation, Pentair Ltd., Robomow, Samsung Electronics, Scantron Robotics, Sharp Corporation, Toshiba Corporation, Windowmate, Yujin Robot Co., Ltd., Zodiac Pool Systems, Inc., and several others.

In 2023, the Global total sales revenue of cleaning robots will advance to an efficient USD in million, accounting a CAGR of 17.7% between 2016 and 2023. This showcase a cumulative revenue of significant USD in billion during 2017-2023 due to a fast-growing acceptance of robots for cleaning floor, pool, window, lawn, and other places. However, the global market of cleaning robots is segmented into different sector which majorly involves applications, end-user, distribution channel and region. On the basis of application, the market is further sectored into floor cleaning, pool cleaning, lawn cleaning, window cleaning and several other cleaning for instance, based on the end-user, the market is divided into residential sector, industrial segment, healthcare and other commercial sector.

Nonetheless, on the basis of region, the market of cleaning robots is spread across the globe which majorly involves APAC, Europe, North America, Latin America and Rest of the World. The North America region is anticipated to dominate the handsome amount of share with the developed industrialization. The Asia Pacific region is also contribute the effectively in the market growth with the significant development in the under developed regions. Therefore, in the near future, it is predicted that the market of cleaning robots will increase around the globe more positively over the recent few years.

To know more, click on the link below:-

Global Cleaning Robots Market

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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
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Drones are Finally Delivering their Potential in Oil and Gas Industry: Ken Research

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Ken Research’s Unmanned Underwater Vehicles (UUVs) for Oil & Gas Industry: Global Market 2017-2025 by Vehicle Type, System Component, Propulsion System and Region gives a detailed analysis on global market for unmanned underwater vehicles (UUVs). The report also covers present competitive scenario and the predicted manufacture trend; and profiles global oil & gas UUV vendors including market leaders and main emerging players. Specifically, potential risks associated with investing in global oil & gas UUVs market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. The top players in the global market are Andrews Survey, C-Innovation, DOF Subsea AS, Forum Energy Technologies, Fugro Subsea Services Ltd, Hallin Marine Subsea International PLC, Helix Energy Solutions, i-Tech (Subsea 7), Kongsberg Gruppen ASA, Kystdesign AS, Oceaneering International, Inc., Perry Slingsby Systems Limited, SAAB SEAEYE LTD., Saipem (Sonsub), Schilling Robotics, LLC and Soil Machine Dynamics Ltd (SMD).

Unmanned Underwater Vehicles are those vehicles that are used underwater for commercial, scientific and military uses without any human actually going underwater. They can be of two types – Autonomous Underwater Vehicles and remotely operated Underwater Vehicles (RUVs). Like any other forms of unmanned vehicles, they have the same problem of communicating underwater due to water distorting transmissions and other obstacles under the water. Other hindrances include their inability to work for longer time in underwater due to lack of power supply. UUVs are very useful in oil and gas industry. They provide various economical and environmental benefits that reduce costs and improve efficiency. Thanks to the advent of drones and sensors, it is now possible to perform additional functions of inspections and monitoring roles as well. Since there is more demand rising for oil and gas and their dwindling stocks, companies and governments are increasingly investing in drones and UUVs.

UUVs in the forecast period will mainly be used for oil and gas exploration, inspection and monitoring pipelines and oil and gas operations. The data that is carried from oil rigs and other offshore platforms provide insights to improve operations, production and efficiency. UUVs inspection of oil pipelines is likely to open doors for new sources of oil and gas. Besides them all, UUVs serve as great damage assessment tools and provide alerts regularly on maintenance. Future trends of UUVs will see them become smarter and operate efficiently with additional infrastructure like corrosive tested technologies, gas detectors and infrared cameras and so on. The market will also see them move from traditional to more flexible, capable and adaptable UUVs. They will all however face challenges like security, networks and connectivity,

To know more, click on the link below:-

Unmanned Underwater Vehicles for Oil & Gas Industry

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Ankur Gupta, Head Marketing & Communications

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Rising Standards of Living, and Increase in Concern Related to Safety & Security Coupled with Rise in Applications of Biometric Technology to Drive the Global Biometric Technology Market over the Forecast Period: Ken Research

Biometric technology is used for authentication and identification of individuals by measuring & analyzing their private traits-fingerprints, hand geometry, iris, voice, vascular pattern, face, palm print, or behavioral characteristics-signature, typing pattern. Biometric technology provides the advanced technology over traditional PIN based techniques. The upgraded version technology is used for the safe and personal or sensitive data from fake use of an individual’s possessions, for instance workstations, ATMs, mobile phones or access to desktops, smart cards, laptops, or networks by unique identification technique.

According to study, “Global Biometric Technology Market Size study, by Application Type (Face Recognition, Voice Recognition, IRIS Recognition, Signature Recognition, AFIS, Non-AFIS, Hand Geometry, Others), by End-Users (Government, Healthcare, Banking and Finance, Consumer Electronics, Home Safety and Security, Commercial Safety and Security, Others) by and Regional Forecasts 2018-2025” some of the key companies are operating in the global biometric technology market are Accu-Time Systems, Inc., Cognitec Systems GmbH, Bio-Key International, Inc., Digital Persona Inc, Daon Inc., Inception Technologies, Irisguard, Inc, ZK Technology LLC, Fujitsu Frontech Limited, Hitachi Ltd., Lumidigm, Inc, FaceFirst, DERMALOG Identification Systems GmbH, Smartmatic International Corporation, Secunet Security Networks AG, HID Global Corp., Idteck, EyeVerify Inc., East Shore Technologies, Inc., 3M Company (Cogent Systems Inc.), IDEMIA, NEC Corporation, M2SYS Technology LLC, AFIX Technologies, Morpha SA, Gemalto NV, Papillon Systems, Precise Biometrics, Safran S.A., Siemens AG, Thales S.A., David Link, Sonda Technologies, Crossmatch Technologies Inc., ImageWare Systems Inc., RCC Holdings Ltd, Assa Abloy Group, 3M Cogent, Inc., Suprema Inc.

Based on type, the global biometric technology market is segmented into behavioral biometric and physiological biometric. Behavioral biometric includes voice recognition, signature recognition and others (keystroke & odor). Physiology biometric includes iris recognition, fingerprint recognition (AFIS & non-AFIS), hand geometry recognition, face recognition and others (DNA & Ear). Based on functionality type, market is segmented into combined functionality, contact functionality and non-contact functionality. Based on authentication type, the market is segmented into single factor authentication and multi factor authentication. Based on end-user type, market is defined as banking & finance, healthcare, home safety & security, government, consumer electronics, commercial safety & security and others.

The global biometric technology is driven by rising standards of living, increasing concern for safety & security, growing applications of biometric technology in government & commercial sectors, unique technology with easy usage and budding developments in emerging markets. Apart from benefits, some of the major restraints include technological limitations, high initial investments & cost of devices and fear of privacy intrusion. In addition, key opportunities includes flourishing use in cloud computing & e-commerce and evolving multilevel biometric technology.

Globally, North American region holds as the major share in terms in overall revenue to the market. The Asia Pacific region is also expected to be the fastest growing, on account of increasing awareness about the technology. Countries such as India & China are sights of elevated growth rates in the region. In addition, initiatives for instance the UIDAI project in India and e-KTP electronic ID initiative in Indonesia using fingerprints, face, and eyes biometrics, are also estimated to provide new opportunities to the market. The global biometric technology market is expected to grow with a CAGR of 19.8% with of US $64.3 billion approximately by the end of the year 2025.

For more information, click on the link below:

Global Biometric Technology Market

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Ken Research                                   

Ankur Gupta, Head Marketing & Communications

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Convergence Of The Global Submarine And MRO Market Outlook: Ken Research

The submarine is a watercraft able of independent operation underwater. It varies from a submersible, which has more inadequate underwater ability. The term most frequently refers to a great, crewed vessel. It is also sometimes utilized traditionally or colloquially to denote to distantly functioned vehicles and robots, as well as medium-sized or smaller vessels, such as the midget submarine and the wet sub. However, the technical meaning of maintenance includes functional checks, repairing, servicing or replacing of necessary devices, machinery, supporting the utilities in the industrial, residential installations, governmental, building infrastructure and several others. Together, such functions are referred to as maintenance, repair and overhaul (MRO). Not only has this, the abbreviation of MRO is also utilized for the Maintenance, repair and operations. Furthermore, the potential players of submarine and MRO market are doing effective developments for making the functioning of submarine more effective which further increase the usage in Military and several other armed forces and leading the fastest market growth during the forecasted period more positively in the coming years around the globe.

According to the report analysis, ‘The Global Submarine and MRO Market 2018-2028’ states that there are several key players which are recently functioning in this sector more actively for leading the fastest market growth and dominating the high value of market share around the globe throughout the forecasted period more significantly while investing the effective amount of money in the efficient research and development programs for decreasing the price and increasing the proficiency of the submarines includes General Dynamics, BAE Systems, Huntington Ingalls Industries (HII), Naval Group, Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), ThyssenKrupp Marine Systems (TKMS), JSC PO Sevmash, Admiralty Shipyards, China Shipbuilding Industry Corporation (CSIC) and several others. Moreover, many of the players in this market are employing the young workforce for generating the high amount of revenue and profit which further benefitted for registering the fastest market growth in the coming years.

The ultimatum to deliver naval forces with augmented the abilities concerning to maritime security is anticipated to spur the submarine market. The menace from neighboring nations and the requirement for the long endurance submarines- SSNs is anticipated to be a foremost influence that will underwrite to the growing the requirement for submarine. Furthermore, the great base of prevailing inventory, as well as new tracking down throughout the next decade, will generate the demand for servicing and maintenance happenings, which is expected to propel the submarine and MRO market to a great magnitude.

Although, submarines were also utilized for inserting and abolishing covert agents and military forces, for the brainpower gathering, and to salvage aircrew during the air attacks on the islands, where the airmen would be told to prevent the places to crash-land so the submarines could liberate them. Moreover, the submarines could convey cargo through the aggressive waters or act as supply vessels for the other submarines. Therefore, with the effective applications of the submarines, it is anticipated that the market of submarines and MRO will increase around the globe more positively over the recent few years.

To know more, click on the link below:-

Global Submarine and MRO Market

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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
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Growing Landscape of The Global Residential Robotic Vacuum Cleaner Market Outlook: Ken Research

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Since 2012, the share of robotic vacuum cleaner (RVCs) or robovacs in global vacuum cleaner has been growing steadily.  Robovacs are utilized effectively to clean the space of living, gutter, pools thereby consumers with the house chores. Such robots decrease the duration needed for the regular activities of household cleaning and are preferred by the increasing urbane consumers leading a hectic lifestyle. However, the global market of residential vacuum cleaner is anticipated to enlarge owing to the dynamic aspects such as growth in the expenditure on the household appliances and growing awareness related to the indoor, hygiene and health. Furthermore, the players of residential robotic vacuum market are innovating the new specifications in this technology for decreasing the efforts of cleaning and increasing the demand which further benefitted for increasing the value of market share and accounting the fastest market growth during the forecasted period more positively.

According to the report analysis, ‘Global Residential Robotic Vacuum Cleaner Market 2017-2023 by Application, Product Function, Charging Technology, Distribution Channel and Region’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and registering the fastest market growth in the coming years more positively in the coming years while increasing the efficiency of the product, advanced technological developments and emerging the product trends and market growth drivers and opportunities includesAqua Products, Inc., BSH Bosch Und Siemens HausgerateAltersfursorge GmbH, Dyson Ltd, ECOVACS Robotics Co., Ltd., Hanool Robotics Corp., iRobot Corporation, LG Electronics, Maytronics Ltd., Metapo, Inc., Moneual USA, Inc., Neato Robotics, Inc., Panasonic Corporation, Samsung Electronics, Sharp Corporation, Toshiba Corporation, Yujin Robot Co., Ltd., Zodiac Pool Systems, Inc., and several others. Moreover, many of the focused players of this market are adopting the effective strategies and policies of doing work for knowing the changing behavior of the consumers and leading the fastest market growth in the coming years more positively.

In 2023, the Global total sales revenue of residential robotic vacuum cleaners (RVCs) will progress to an effective USD in million, accounting a significant CAGR of 13.8% between 2016 and 2023. This showcase an increasing revenue of USD in billion during 2017-2023 due to a fast-growing acceptance of cleaning robots in wide-reaching households. Moreover, the global market of residential robotic vacuum is sectored into different segments which majorly includes application, charging technology, distribution channel, product function and region. Whereas, based on the application, the market is further divided into floor cleaning, pool cleaning and several other cleaning while the sector of distribution channel includes online sales, supermarket and retail stores and several other channels. Not only has this, with the effective applications, the market of residential robotic vacuum is spread around the globe which majorly involves APAC, Europe, North America, Latin America and Rest of the World. It is anticipated that Europe pursue to register the market during the reviewed period owing to its large consumer based of working people. Therefore, in the coming years it is predicted that the market of residential robotic vacuum will increase across the globe more positively over the forecasted period.

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

Global Residential Robotic Vacuum Cleaner Market

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https://www.kenresearch.com/technology-and-telecom/it-and-ites/europe-residential-robotic/171779-105.html

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