Growth in Global Home Textile Products Market: Ken Research

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Home textiles are special fabrics used for home furnishing & decoration. These fabrics are used for a variety of decorative & functional products that are used for house decorating. Apart from decorative applications, these products can be used across different functions for instance carpeting, as window shades, table & bed coverings and towels. These home textile products are produced by knitting, knotting, crocheting, weaving, and pressing fiber together.

As per analysis, “Home Textile Products Market: Segmented By Product Type (Bedroom Linen, Bathroom Linen, Carpets and Floor Covering and Others); By Distribution Channel (Online and Offline); and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030” the key companies operating in the global home textile products market include Loftex China, LTD., Franco Manufacturing Company, Inc., Grasim, Mehera Shaw, Welspun Group, Evezary Co., Ltd., GHCL Limited, Luolai Home Textile, Trident Group and among others. Leading market participants are investing more into Research & Development (R&D) to fulfill the changing customers’ demands and enhance their product portfolio. Innovations like wood curtains and dyed fiber for Ultra-Violet (UV) protection, are also driving the global market.

On the basis of product type, home textile products market is segmented as carpets & floor coverings, bedroom linen, bathroom linen and others. Bathroom linen includes bath towels, bathrobes, bath mats and among others. The segment is projected to grow at higher growth rate owing to growth of end-use sectors, such as housing, hospitality and growth in fashion sensitivity of urban clients toward home furnishings, rapidly mounting fashion trends in home textiles and rise in demand for digitally printed home textiles. Additionally, on the basis of distribution channel, market is segmented as online and offline channel. Offline channel segment is expected to exhibit substantial growth rate as these outlets provide support of store associates to help choose the right product during the forecast period.

The home textile products market is driven by surge in sensibility toward aesthetic household furnishing, growth in real estate market, increase in penetration of e-commerce, rise in disposable income, growth in number of nuclear families, rapid industrialization & urbanization, growth in renovation & fashion sensitivity and modern lifestyle. However, availability of counterfeit products and high competition and high cost of logistics may impact the market. Moreover, growth in investment in research & development (R&D) and increase in product portfolio are key opportunities for market.

Based on geography, the Asia-Pacific region dominates the global home textile products market owing to increase in inclination towards modernizing the interior of the households and improved standard of living coupled with rise in spending power across the region. The Europe and North-America regions are likely to witness higher growth rate due to growth in number of sellers and manufacturers over the forecast period. It is predicted that global home textile products market will be reached at rapid pace on account of rise in awareness about changing home decor trends, growth in intention of home renovation and change in home furnishing patterns during the forecast period.

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Global Home Textile Products Market Analysis

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Global Museums Historical Sites Zoos and Parks Market Research Report

 The museums, historical sites, zoos, and parks services market entails of sales of museum, historical site, zoo, and park services and connected goods by entities (organizations, sole traders and partnerships) that preserve and exhibit objects of historical worth, archaeological sites, live plant and animal life displays, and natural areas or settings.

According to the report analysis, ‘Museums, Historical Sites, Zoos, And Parks Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that Krusger; Zoological Garden of Berlin; The American Museum of Natural History; National Museum of China; British Museum and many more are the key companies which recently functioning more effectively in museums, historical sites, zoos and parks global market for leading the highest market growth and dominating the handsome value of market share around the globe more proficiently over the forthcoming duration while delivering the better consumer satisfaction, employing the young and active personnel, increment in the applications of services, establishing the several research and development program, analysing the strategies and policies of the government as well as corporates, implementing the policies and strategies of the government as well as similar corporates, spreading the awareness connected to the applications of such, decreasing the linked prices, and improving the qualitative and quantitative measures.

In addition, transformation is being made in the zoos as a result of augmentation in ethical concern for animals. Initiatives are being accepted to change the manner humans experience while staying a zoo. Concern for animal rights paved several serious policies as to which several zoos have to recondition if they are going to last. For example, Philadelphia Zoo has come up with the Big Cat crossing as a portion of zoo360 initiative.

Furthermore, the Art organizers, museums and zoos are utilizing the augmented reality (AR) technology to generate real world experience for consumers. The Augmented reality is the incorporation of digital information with the user’s environment in real time. Museums and zoos are now utilizing the augmented reality as a tool to educate and entertain the audience by generating a visual tour guide and displaying 3D content in a real-world camera sight. For instance, Cleveland Museum of Art is utilizing the augmented reality technology to let users interrelate and access the most present and comprehensive information about every piece of artwork in the museum. In Acropolis Museum in Athens, Greece, the team utilized the AR technology to bring an assortment of architectural and sculptural relics to life.

Not only has this, pre-recorded audio guides are being broadly utilized in museums and art galleries as a replacement to conventional guides enabling the visitors interact with additional, improved and unbiased information. Visitors are conveyed with multimedia content transmitters such as headsets, earphones or headphones and audio attendants with pre-recorded audio files in the language opted. Such audio guides act as additional revenue streams for the organizers and are obtainable in different languages and translated versions that can be utilized anytime by a large number of individuals. These museum audio guides support to improve the visitor engagement, develop accessibility, and deliver the additional and accurate information focusing to educate visitors with unbiased characteristics. Louvre Museum, France, with its 8 million visitors every year has familiarized audio guides to interact content about the pieces of art. Other museums proposing the visitors with pre-recorded audio guides are British Museum around England, San Francisco Museum of Modern Art, and Auckland War Memorial Museum in New Zealand.

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Global Museums Historical Sites Zoos and Parks Market

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Global Direct Carrier Billing Platform Market Outlook: Ken Research

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Direct carrier billing (DCB) is an online payment method that allows consumers to charge purchases to their phone bills. Both mobile and feature phone users can utilize this online payment form. DCB can be utilized to buy content on any digital platform. This approach was previously only utilized to purchase ringtones and wallpaper for feature phones, but it can now be utilized to purchase goods and services through a diversity of platforms, comprising desktop computers, tablets, smart TVs, and game consoles. Individuals may, for example, buy a music streaming subscription on a tablet and authorize the payment with their phone. Since direct carrier billing does not depend on banking infrastructure to comprehensive a transaction, it diverges from other mobile payment methods such as mobile wallets or NFC solutions. To make a payment with DCB, the user just requirements to enter their phone number.

According to the report analysis, ‘Direct Carrier Billing Platform Market : Segmented By Content (Application & Games, Video & Audio and Others); By Operating Systems (Android, iOS and Others) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030’ states that the worldwide direct carriers billing network market is being increased by the increased saturation of premium video-on-demand services and the growth of digital content such as e-sports and live streaming. The Mobile operators and service providers can create the new revenue streams from seamless, stable, and convenient the mobile payment options thanks to the overview of direct carrier billing platforms. Communication service providers, retailers, and merchants all utilize the direct carrier billing network. The growth in internet access, speedily network speeds, and customer awareness of direct carrier billing services can all be accredited to the increasing the interest in direct carrier billing.

In addition, the variable levels of carrier engagement, several revenue shares in the value chain are all aspects that propelling market growth. Conversely, as the utilization of subscription-based digital content increases, direct carrier billing platform providers will improve the payment process, broaden cloud computing infrastructure, and offer high-speed internet access to assistance digital content publishers and mobile network operators, resultant in a foremost direct carrier billing platform market opportunity. Furthermore, one of the profitable prospects for direct carrier billing network breadwinners to stay in the market is to accelerate prevailing the goods and services, offering a seamless consumer experience by partnering with swerving content providers.

Furthermore, the direct carrier billing market is increasing with the increase in smartphone use, which has propelled the growth of several digital service providers around the world. Smartphone subscribers can purchase digital content from these service providers and pay for subscriptions via the similar networks as their phone bills, which is propelling the direct carrier billing market further. Furthermore, with the growing popularity of games, the mobile gaming sector is increasing at an incredible pace. Several mobile game developers charge a fee to purchase the entire game file or a precise feature. Therefore, in the near years, it is anticipated that the market of direct carrier billing platform will increase around the globe more effectively over the forthcoming years.

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Global Direct Carrier Billing Platform Market

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Rise in Prevalence of ENT Disorders Expected to Drive Global ENT Navigation Systems Market: Ken Research

ENT navigation system is a navigation system for ENT surgery. It is a methodology for evaluation of surgical & ergonomic system properties. These systems are basically devices that deliver enhanced visualization with full high-definition display. They are integrated with endoscope and incessant tracking of surgical instruments that enable the surgeons to achieve better results through more complete resections. Rise in prevalence of diseases like chronic otitis and sinusitis are the key factors driving the growth of the market.

As per analysis, “Global ENT Navigation Systems Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” some of the renowned companies that are currently operating in the global ENT navigation systems market include Intuitive Surgical, Stryker, Hansen Medical, Medtronic, Karl Storz, Hansen Medical, Brainlab, Accuray and among others. Key manufacturers are investing various resources to develop the technologically advanced surgical navigation systems to provide more precise outcomes.

Based on type, ENT navigation systems market is segmented as electromagnetic (EM) navigation and optical navigation. Optical navigation system dominates the global market owing to its advantages that optical navigation system provides over electromagnetic navigation technology such as reduced radiation exposure and accuracy provided during the complex surgeries. In addition, based on application, market is segmented as ENT surgery, Functional Endoscopy Sinus Surgery (FESS) and neuro surgery.

The ENT navigation systems market is driven by rise in prevalence of ENT disorders, followed by increase in incidence & prevalence of neurological disorders, rise in adoption of surgical navigation technology in minimally invasive surgical procedures, growth in aging population, rise in number of orthopedic & ENT disorders and increase in adoption of minimally invasive surgical procedures. Apart from this, stringent rules & regulations for product approval and high cost of surgical navigation systems are major hindering factors for market. Additionally, growth in technological advancements and acceptance of surgical navigation systems in ambulatory settings are leading opportunities for market. Moreover, rise in reimbursement coverage for orthopedic procedures, surge in preference for ambulatory surgery centers and increase in prevalence of target disorders are key trends for market. Furthermore, survival of small players & new entrants is a major challenge for global market.

Based on geographic analysis, the North-America holds major share in global ENT navigation systems market owing to rise in demand for minimally invasive surgeries, increase in government funding for the development of surgical navigation systems, and growth in improvement in healthcare infrastructure across the region. The Asia-Pacific and Europe regions are likely to exhibit higher growth rate due to growth in geriatric population and rise in number of ENT disorders & ENT surgeries performed in the emerging countries over the forecast period. It is estimated that future of the global ENT navigation systems market will be bright as a result of increase in incidence of orthopedic and neurological disorders, rise in awareness on the benefits of Computer Assisted Surgeries (CAS) coupled with growth in number of road accidents requiring emergency medical procedures during the forecast period.

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Global ENT Navigation Systems Market

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Growth in Digitalization Expected to Drive Global Electronics Printed Circuit Board Market: Ken Research

Printed Circuit Board (PCB) is also identified as printed wiring board (PWB) and printed wiring cards (PWC) that connects electrical or electronic components by conductive tracks, as well as supports mechanically. They are most commonly made of composite epoxy, fiberglass, or other composite materials. They are generally used in all types of electronic products like passive switch boxes. PCBs provide mechanical support and connect various electronic components such as resistors, battery, transistors, inductors, capacitors, LEDs, and several other electronic components. Rise in demand for consumer electronic products & smart devices are major factors augmenting the market growth. Additionally, rise in demand of eco-friendly PCB's due to increased electronic waste, growth in consumer spending, rapid growth in loT devices, and rise in demand from new economies are the major factors, which are responsible for growth of the market.

As per analysis, “Global Electronic Printed Circuit Board (PCB) Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global electronic printed circuit board market include Daeduck Group, SEMCO, ZDT, Shinko Electric Ind, Nippon Mektron, HannStar Board (GBM), SEI, CMK Corporation, Young Poong Group., TTM, Nanya PCB, Compeq, Tripod, Viasystems, Aoshikang, CCTC, Ellington, AT&S, Redboard, Kinwong, Wuzhou Group, Shennan Circuits, Junda Electronic and among others. These major companies are continuously involved in mergers & acquisition strategies to accelerate their market position among other industry players.

Based on type, electronic printed circuit board market is segmented as Standard Multilayer, IC Substrate, Rigid Flex, Rigid 1-2Sided, Flexible Circuits, HDI/Microvia/Build-Up and others. In addition, based on application, market is segmented as communication, consumer electronics, automotive, computer, industrial/medical, military/aerospace and others.

The electronic printed circuit board market is driven by growth in recycling of PCB & PCB design developments; followed by widespread digitalization, rise in demand for healthcare wearables, increase in investment in 5G technology & telecom infrastructure in developing nations, rise in integration of electronic component in vehicles and increase in demand for automation machinery & industrial robots in the manufacturing sector. However, technical issues associated in PCB designing may impact the market. Moreover, significant spike in the demand for hi-tech features in the automotive industry and rise in need for double-sided PCB are key opportunities for market. Furthermore, growth in demand for high-speed data & signal transmission and miniaturization of printed circuit boards are major trends for market.

By regional analysis, the North-America is a leading region in global electronic printed circuit board market owing to growth in adoption of Internet-of-Things (IoT) based applications and growth in consumer electronics sector across the region. The Europe and Asia-Pacific regions are estimated to witness higher growth rate due to higher flexibility in manufacturing base of major electronic & communication components over the forecast period. It is predicted that future of the global electronic printed circuit board market will be bright as a result of rise in usage in the automotive industry coupled with growth in demand for electronic devices for instance smart-watches, smart-phones, and other devices during the forecast period.

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Global Electronic Printed Circuit Board (PCB) Market

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Global Database Storage and Backup Software Publishing Market

 The database, storage and backup software market entails of sales of database, storage and backup software by numerous entities (organizations, sole traders and partnerships) that introduce the database, storage and backup software which is a software program or utility optimized for generating, editing and maintaining database files and records. This form of software enables users to store data in the form of structured fields, tables and columns, which can then be repossessed directly and/or through programmatic admittance.

According to the report analysis, ‘Database, Storage & Backup Software Publishing Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that IBM; CA Technologies; Oracle; Microsoft; HPE and many more are the great corporates which presently operating more effectively in database, storage & backup software publishing global market for leading the highest market growth and dominating the handsome value of market share around the globe more positively while delivering the better consumer satisfaction, decreasing the associated cost, increasing the qualitative and quantitative measures, developing the applications and specifications of such, employing the young and intellectual work force, establishing the several research and development programs, analysing the strategies and policies of the government as well as similar companies and implementing the policies of the enlargements and profit making.

In addition, over the past five years, cloud software solutions have been obtaining acceptance from corporates across all industries. Cloud is a software delivery approach where a vendor hosts a software application in a distant server and customers can admittance it through the internet. Cloud software solutions are broadly used in customer relationship management (CRM), HR/payroll, project management and accounting software systems. Moreover, the Software product companies are also offering services through a pay-per-usage payment model that allows an individual or a corporate to pay a small subscription fee only when they utilize a software instead of a full license fee.

While, the outbreak of the Coronavirus disease (COVID-19) is probable to drive the database, storage & backup software publishing market in the review period as increasing number of people are functioning from home due to the lockdowns imposed by governments across the world that restrict gathering of individuals in public places. COVID 19 is an infectious disease with flu-like symptoms entailing fever, cough, and difficulty in the breathing. The virus was first identified around 2019 around Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by the national governments to comprise the transmission have resulted in individuals working from home by accessing work connected systems and applications through the cloud. Vagueness surrounding the duration of the spread of coronavirus is predicted to lead to more corporates adopting cloud technology to assistance their employees working from home, thereby propelling the market growth.

Furthermore, with technological advances in the cloud computing and endures requirement of the updating in-house IT infrastructure, companies are observing a rising requirement for public cloud platforms. A public cloud is a service based on the standard cloud computing model, in which a service wage-earner makes resources, such as virtual machines (VMs), applications or storage, prevailing to the general public over the Internet. Companies are progressively opting for public cloud platforms to minimalize their costs as public cloud provides services on pay-as-you-go model, the requirement for organizations to participate in and maintain their own in-house IT resources, and allows the scalability to meet workload and user demands.

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Global Database Storage and Backup Software Publishing Market

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Increase in Preference for Cashless Payments Expected to Drive Global Electronic Funds Transfer Point Of Sale Terminal Market: Ken Research

EFTPOS or Electronic Funds Transfer Point of Sale terminal is an electronic payment device, which is used to process the debit card and credit card based fund transfers at payment terminals. Change in payments landscape resulting in growing preference for cashless or cash-based transactions is one of the key trends supporting the demand for EFTPOS terminals across different end-use verticals. Banks have played a key role in bringing about this transformation by issuing the debit cards to all account holders. Moreover, the global payments industry (issuers & merchants) is steadily migrating towards Europay MasterCard Visa (EMV) chip card technology, replacing traditional magnetic-stripe bank cards. The move towards EMV chip card payment is primarily driven by the growing desire to reduce the rising incidences of card frauds in the “card-present.

As per analysis, “Global Electronic Funds Transfer Point of Sale (EFTPOS) Terminal Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global electronic Funds Transfer Point of Sale (EFTPOS) Terminal market include VeriFone (Formerly Hypercom), Atos Worldline, PAX, VeriFone Systems, XAC Automation Corp., Fujitsu Limited, Exadigm, NCR, Smartpay, Dejavoo, Equinox Payments LLC, Ingenico, First Data Corporation, Panasonic, Olivetti and among others. Key players are aiming to capitalize on global trends driving various terminal growth, including mobility, cashless payments, and security. These players are engaged in developing numerous products variants to amplify their market share and increase traction in the global marketplace. They are also expected to remain active in the mobile advertising industry throughout the forecasting period. Leading companies are engaging in various strategic acquisitions including product launches, Research & Development (R&D), application dominance, agreements, product width & breadth, and collaborations to gain the market share.

Based on type, electronic funds transfer point of sale terminal market is segmented as mobile terminals, counter-top terminals, and inbuilt terminals. In addition, based on application, market is segmented as entertainment, retail, restaurants, hospitality & healthcare system, warehousing, and others (government, field services and transportation).

Rise in need for quick & efficient fund transfer solution in retail sector, followed by increase in preference of consumers for cashless payments (via payment cards) are some majors, which are responsible for growth of the electronic funds transfer point of sale terminal market. However, lack of awareness regarding the technology may impact the market. Additionally, rise in preference for card-based payments and increase in penetration of credit & debit cards are leading opportunities for market. Moreover, growth in acceptance for the EMV chip-card technology is a key trend for market. Furthermore, Lack of standard technology platform is a major challenge for global market.

By regional analysis, the North-America and Europe regions hold major share in global electronic funds transfer point of sale terminal market owing to increase in investment from small &medium-sized business (SMB) retailers across the region. The Asia-Pacific region is expected to exhibit higher CAGR due to growth in economy and presence of key manufacturers over the forecast period.

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Global Electronic Funds Transfer Point of Sale (EFTPOS) Terminal Market

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Indonesia Automotive Aftermarket Servicing Industry Growing with the Surging Car Parc in the country: Ken Research

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“Amplified demand from used car owners has driven the growth of Multi brand Car Service Market in Indonesia.”

Unorganized Car Segment Contributing Majority in Multi Brand Car Service Industry: The unorganized multi-brand segment held the largest market share in the Indonesia multi-brand car service market in 2021. The market is witnessing the entry of large number of unorganized players. The low cost services of these service centers is leading to higher demand from the post-warranty car owners in Indonesia.  Unorganized car service centers contribute ~75% in the multi-brand car service market in terms of revenue in 2021. Unorganized car service centers are majorly having their presence in the eastern and central part of the country.

Western Indonesia dominates Aftermarket Service Industry: The westerns part of Indonesia includes such as Sumatra, Java, and Kalimantan. The capital city Jakarta is having its presence in West Java having the majority population in the country. Majority of the Tier I cities are having their presence in the western part of the country. The western region of the country consists of majority authorized service centers and the demand for the authorized service centers is more as compared to other parts of the country owing to the higher level income population and higher new passenger car sales in the country. ~89% of the car parc in Indonesia is having its presence in the western region.

Surging online Car Service Bookings: The automotive aftermarket service and spare parts companies are expanding its presence in the digital retail as the market looks far from recovery with the current rate of rising cases in the country. The current COVID 19 Pandemic has led to the growth of the car service companies in the online market. The companies are taking online booking so as to reduce the rush at the workshops. Few companies have started sending mechanics for home service for the customers. The online car service booking market is Indonesia is anticipated to grow at a CAGR of 17.3% during the forecast period of 2021-2026.  

The report titled “Indonesia Automotive Aftermarket Service Market Outlook to 2026: Influx of new players and car variants from abroad are contributing to the growth of automotive aftermarket service industry in Indonesia” by Ken Research suggested that the automotive aftermarket service market is further expected to grow in the near future with the surging used car sales in Tier II cities and entry of new authorized and multi brand players in the market. The market is expected to register a positive CAGR of 3.6% in terms of revenue during the forecast period of 2021-2026.

Key Segments Covered in Indonesia Automotive Aftermarket Service Market 

By Type of Workshop

Multi Brand

OEM/Authorized

By Type of Multi Brand

Organized

Unorganized

By Type of Vehicle

MPV

Sedan

SUV

LCGC

Hatchback

By Age of Car

0-3 Years

3-8 Years

8 and above years

By Region

West

Central

East

By Car Brand

Toyota

Daihatsu

Honda

Mitsubishi

Nissan

Suzuki

Others

By Booking Mode

Online

Offline

By Service Split

Repair and Replacement

Maintenance

Body Care

Indonesia Spare Parts After-Market Segmentation

By Type of Spare Parts

Lubricants and Oils

Suspension & Braking

Electrical Components

Engine Components

Consumables

Others

Key Target Audience

Automotive companies

OEM Car Service companies

Multi brand Car Service companies

Automotive Spare Parts Companies

Time Period Captured in the Report:

Historical Period: 2015-2021

Forecast Period: 2021-2026

OEM Car Dealers/Service Providers:

Wuling Motors

Auto 2000

Asco Automotive

Honda Indonesia Mobil

PT Nissan Motor Indonesia

Prima motor

NUSANTARA JAYA SENTOSA

United Motors Centre

Multi Brand Car Dealers/Service Providers:

Bosch Auto Care Service

Vertue Concept

Brum Indonesia

Garden Speed

Autoglaze Indonesia

CARfix Karang Tengah

Key Topics Covered in the Report

Indonesia Automotive Aftermarket Service Industry Overview

Ecosystem of Entities in Car Servicing in Indonesia

Trends and Development in Indonesia Automotive After Market Service Industry

Issues and Challenges in Indonesia Automotive After Market Service Industry

Porters Five Forces Analysis: Automotive Aftermarket Service in Indonesia

Government Regulation in Indonesia Automotive After Market Service Industry

Market Size of Indonesia after Market Service Industry

Indonesia Automotive Aftermarket Service Industry Segmentation

Competition in Indonesia OEM Aftermarket Industry

Strength and Weakness of Major Players in Indonesia OEM Automotive Aftermarket Industry

Competition in Indonesia Multi Brand Aftermarket Industry

Pricing Comparison of Major OEM Car Service Companies

Pricing Comparison of Major Multi Brand Car Service Companies

Operating Model of Organized and Unorganized Workshops

Operating Model of OEM Workshops

Indonesia Spare Parts Aftermarket Industry Overview

Sourcing Spare Parts for Automobile Service Centers (OEM/Authorized Service Centers & Multi-Brand Service Centers)

Indonesia Automotive Aftermarket Car Service Market Future Market Size

Future Outlook and Projections for Indonesia Automotive Service Market

Case Study: Car fix

Analyst Recommendation

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Indonesia Automotive Aftermarket Service Market Future

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Malaysia Automotive Aftermarket Service Market Outlook to 2025: Surging Used Car Sales contributing to the Growth of Automotive Aftermarket Service Industry in Malaysia

India Multi-Brand Car Service Market Outlook to 2025: Door Step Car Servicing, Real Time Service Status to Drive the Penetration of Multi Brand Car Service in India

Indonesia Used Car Market Outlook to 2025 – By Market Structure (Organized & Unorganized), By Type of Car (MPVs, Hatchbacks, SUVs & Others), By Brand (Toyota, Honda, Daihatsu, Suzuki & Others), By Vehicle Age, By Mileage, By Customer Age and By Region (DKI Jakarta, East Java, West & Central Java, North Sumatera & Others)

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

Global Social Media Market Outlook: Ken Research

 The social media market entails of sales by several entities (organizations, sole traders or partnerships) that allow the customers to interact, generate and share content and information. Social media allows the users to share pictures, video and audio files. This market comprises revenues from sales from advertisment and other services proposed on the social media platforms.

According to the report analysis, ‘Social Media Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that Facebook; YouTube; Instagram; Twitter; LinkedIn and many more are the great companies which recently functioning in social media global market more significantly for leading the highest market growth in the forecast duration for leading the highest market growth and dominating the handsome value of market share around the globe while increasing the applications of such, analysing the strategies and policies of the government as well as corporates, implementing the policies of the profit making and enlargements, delivering the better consumer satisfaction, employing the young and intellectual and active personnel, establishing the several research and development programs, spreading the awareness connected to the applications of such, developing the specifications and benefits of such and improving the qualitative and quantitative measures of such.

In addition, the companies in the social media market have been deeply investing in the online video market such as digital hangouts. Digital hangouts comprise the apps that let the user video chat with multiple individuals simultaneously, and perhaps engross in a number of activities such as watching movies or shopping together. A number of apps have underway offering this service and has concerned a large user base. For instance, Google launched Hangouts Meet, a digital hangout podium for businesses. Hangouts Meet deliver the users an option to contribute in video meetings with their colleagues. Hangouts Meet enables the user to generate and share links to videoconferences that other users can join without generating the accounts or installing plugins.

However, the outbreak of the Coronavirus disease (COVID-19) has acted as an important restraint on some of the social media markets during 2020 as businesses were disrupted due to lockdowns obligatory by governments globally. COVID 19 is a transferrable disease with flu-like symptoms involving the fever, cough, and difficulty in breathing. The virus was initial identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread internationally including Western Europe, North America and Asia. Steps by the national governments to cover the transmission have resulted in a deterioration in economic activity and restricted movement of goods and services with the countries ingoing a state of lockdown. The outbreak is expected to remain to have a negative impact on the businesses throughout 2020 and into 2021. However, several media markets have been genuine or benefited from this as they diffuse their content remotely through the digital channels. It is expected that the social media market will improve from the shock across the forecast duration as it is a 'black swan' event and not linked to ongoing or fundamental weaknesses in the market or global economy.

Furthermore, increment in usage Of Internet Accessible Devices – increasing the penetration of mobile, tablet and several other electronics and growing data consumption will propel the social media market. Augment the in sales of internet accessible electronic devices likewise smart phones and tablets leads to an augment in time spent on social media websites.

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Global Social Media Market

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Social Media Global Market Report 2019

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Global Search Engine Optimization Services Market Future Outlook

 The search engine optimization services market comprises of sales by several entities (organizations, sole traders or partnerships) that assume search engine optimization services and several other related activities. This market comprises sales from advisory services and ad words management services.

According to the report analysis, ‘Search Engine Optimization Services Global Market Report 2020-30: Covid 19 Impact and Recovery’ states that Google; Bing; Baidu; Ask; Yahoo and numerous others are the great corporates which presently functioning more effectively in search engine optimized services global market more significantly during the near years for leading the highest market growth and dominating the handsome value of market share around the globe while establishing the several research and development programs, increment in the applications and specifications of such, analysing the strategies and policies of the government as well as corporates, implementing the policies of the enlargements and profit making, delivering the better consumer satisfaction, employing the young and intellectual personnel, spreading the awareness connected to the applications of such, improving the qualitative and quantitative measures and many more.

In addition, the Digital rates are deteriorating as supply of ad space is increasing rapidly. Mobile advertising rates have remained steady and even if there is a slight augment in advertising rates, advertisers are finding worth in the mobile space. Mobile advertising rates are little as compared to desktops as they have lesser screens but are expected to augment the beyond other digital rates. For instance, Google has registered reduction in CPC (Cost per click), but its revenue has full-grown with the increment in internet users.

Nonetheless, the effective growth in the penetration of mobile, tablet and several other electronics and growing data consumption will deliver the web content, search portals and social media market. The proficient growth in sales of electronics leads to an augmented number of individuals that own an internet accessible device and growing access to digital podiums. For example, average time spent on internet by each person in the US is projected to augment from 200 minutes per day during 2017 to 282 minutes per day in 2021, providing the companies the opportunity to create more revenue per user. This increasing average internet utilized is projected to propel the search engine optimization services market.

Not only has this, the government regulations may confine the search engine optimization market’s growth. For instance, the notion of net neutrality means internet service providers (ISPs) cannot block content based on its source or destination or victimize against certain applications (such as BitTorrent) or execute special access fees that would make it solider for small websites to reach their users. Guidelines such as net neutrality arguably stop the market from functioning freely and deliver the preferential treatment to websites which pay the internet service breadwinners.

Whereas, the great companies in the search engine optimization services global market are functioning and implementing the policies of enlargements and such as partnerships, merger and acquisition, amalgamation and new product development for generating the highest percentage of revenue and obtaining the competitive edge.

For More Information, Click on the Link Below:-

Global Search Engine Optimization Services Market

Related Report:-

Global Search Engine Optimization Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024

Search Engine Optimization Services Global Market Opportunities and Strategies To 2023

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Ankur Gupta, Head Marketing & Communications

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