UK online trading platforms Market expected to grow with CAGR of ~8% by 2028

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STORY OUTLINE

• According to Ken research, the market at a CAGR of ~8% during the forecast period (2023-2028).
• Factors driving the market are rising consumer demand.
• Chatbots are the life-force of the online platforms of the market
• Outlook of market is expected to grow higher due to high usage and demand arising factors and new trends.

1.Growth of UK Online trading platform market is getting higher with ~8% CAGR.

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The online trading platform in UK is emerging as a growing market as the market is estimated to grow with a CAGR of ~8% from 2021 to 2028. The UK online trading platform market has witnessed remarkable growth over the past few years, driven by a confluence of factors that have transformed the landscape of financial trading. Technological advancements and the proliferation of high-speed internet access have made online trading more accessible to a broader range of investors. This increased accessibility has led to a surge in the number of retail traders participating in the market.

2.Which are the driving factors for the growth of market?

Other driving factors of online trading platform market

Key factors, which are responsible for the growth of the market, are the rising need for customized trading platforms and the integration of chatbots with trading platforms are giving wind to the market. In addition, the online trading market is growing with the evolution of advanced technologies.

AI-driven trading strategies and automated trading systems will gain prominence. These technologies can provide traders with real-time insights and automated execution of trades, appealing to both novice and experienced traders.

Social Trading: Social trading platforms that enable users to follow and replicate the trades of experienced investors will attract a growing user base interested in learning from and mimicking successful strategies.

Sustainability Focus: Increased awareness of ESG factors and sustainability will lead to more demand for ESG-focused investment products and tools, creating opportunities for platforms to offer specialized trading options.

Data Security: In an era of increasing cybersecurity threats, ensuring robust data security measures will be paramount to gaining and maintaining the trust of traders.

3.Chatbots are the major force of Online trading platforms

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Due to the rapid evolvement of the online trading industry, a challenge for traders to keep up with the pace of change to stay current and process all the tasks is also increasing side-by-side. Thus, integrating AI-based chatbots is essential for trading organizations to enhance the customer experience and productivity.

Chatbots act as personal brokers, which help in giving personalized searches and offer better options to their customers. It make the online trading platforms easy to handle and therefore having multiple benefits of chatbots in online trading helps organizations stay competitive and improve the chances of long-term success. Hence, the demand for chatbots is increasing on social trading platforms.

4.UK online trading platform market is expected to grow higher with new trends

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New trends happening in various online platforms, which are encouraging the market like ParagonEX is launching fully customizable trading platforms, which is allowing its brokers clients to decide on every detail of the platform look and feel. The new platform allows each broker to have unique appearances, displaying elements of choice and a distinct brand identity and catering to the profile and mix if their end users.

Bitcoin boomed in 2021 from USD$ 7000 in 2020 and more than US $ 54000 until June 2021. According to the Chatbots Life, it has been observed that that over 2.14 bn people worldwide bought goods and services online in 2021. In January 2022, e Toro expanded its investment offering in US stocks and introduced etoro money for UK customers.

US Food allergen testing Market expected to grow with CAGR of ~7% by 2028

 Food allergen testing is used in US for mainly food items are milk, eggs, peanuts, tree nuts, wheat, soy, fish, and crustacean shellfish. These eight major food allergens responsible for most of the serious food allergy reactions.

STORY OUTLINE

• According to Ken research, the US Food allergen testing market at a CAGR of ~7% during the forecast period (2023-2028).
• Factors driving the US Food allergen testing market are awareness for Food allergen testing and Increasing Demand for Allergen-free Food.
• Trends in US Food allergen testing market which are exaggerating the market by various key players.
• Competitive landscape of the US Food allergen testing market, which are making it, grow higher.

1. Growth of US Food allergen testing market is getting higher with ~7% CAGR.

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The food allergen testing market in US is a growing market due to various factors. According to the Centers for Disease Control and Prevention (CDC), more than 170 foods have been reported to cause allergic reactions, Main foods from where there is a chance for allergy in people of all age groups is milk, eggs, peanuts, tree nuts, wheat, soy, fish, and crustacean shellfish.

Milk, eggs, and peanuts account for the majority of the allergic reactions in young children, and peanuts, tree nuts, and seafood (fish and crustacean shellfish) account for the majority of the reactions in teenagers and adults.

The market is growing at a CAGR of ~7% during forecast years 2022-2028. Sesame allergy is considered as an emerging concern, which can cause severe infections in US.

2. Which are the driving factors for the growth of US Food Allergen Testing market?

Driving factors of US Food allergen testing market

Main reasons, which are driving the growth of the market, is increasing demand of Allergen free food. Allergen free food does not include ingredients like wheat, dairy, gluten, soy, peanuts and others, which fall under food allergen category.

The food companies has seen a growth is peanut-free and other school lunch-friendly items that protect allergic individuals and provide a trusted source of safe food. Allergen-friendly products require clear package, labeling, and consistent information on the manufacturer's website.

The prevalence of food allergies is increasing, and the most dangerous consequence of food allergies, anaphylaxis, is becoming more common. This is making the food allergen testing more prevalent, the number of emergency department visits for food-induced anaphylaxis has more than tripled in the past decade.

Possible contributing factors may include increased awareness and detection of food allergies, reduced exposure to microbes early in life, changes in food manufacturing practices, and alterations in the human microbiome.

3. Trends which are hyping the growth of US Food allergen testing market

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Technological advancements and innovation in testing methods and equipment have made it easier and more efficient to test for food allergens, leading to increased adoption of food allergen testing by food manufacturers, retailers, and regulatory bodies.

Advancements include implementation of stringent food safety regulations by the government. Despite the availability of other testing methods, such as ELISA and lateral flow assays, PCR technology is becoming increasingly popular due to its high sensitivity and capability to detect allergenic proteins even at low concentrations.

Another is use of biosensors in the food allergen testing industry is expected to be the fastest-growing segment during the forecast period. This is because biosensors offer several advantages over traditional testing methods, including faster results, lower costs, and greater accuracy.

4. Outlook of US Food allergen testing market is expected to grow higher

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Over 50 million Americans suffer from some form of allergy, with almost 1 in 3 adults and over 1 in 4 children reporting seasonal allergies, eczema, or food allergies in 2021.

 Approximately 6% of adults and children in the United States have a food allergy, with Black, Non-Hispanic adults and children being the most likely to report this type of allergy. Food allergen testing and diagnostic methods are prevailing like immunoassay testing, skin prick testing, and oral food challenges.

Therefore, the food allergen market in US is growing exponentially and due to the risks factors in this market the scientists are assuming that this market will grow in recent years if proper medicine and cure hasn’t been innovated.

Brazil electric vehicle Market reached $570 million in 2022. What are the major factors behind this growth?

 The Brazil Electric Vehicles Market is expecting steered growth through increased middle-class population, rise in fuel prices, increased charging stations Infrastructural Development and government incentives.

Story outline

• Increased Number of charging stations in the country leading to the evolution of the Brazil EV Market.
• Rising gasoline costs in Brazil, reaching $1.17/L in June from $1.05/L in May 2023, are driving interest in electric vehicles (EVs) due to their potential for long-term fuel savings. As oil prices surge, buyers are shifting towards EVs for stability.
• Increased middle- class up to 47% is leading to a rise in demand of electric vehicles, which is helping Brazil EV Market to grow.
• With the help of government policies and initiatives, consumers are able to purchase EVs in Brazil that leads to increased use of electric vehicle in the country.

The Brazil EV Market which is expected to grow at a CAGR of 17% in the forecast period 2023-2028, is being driven by through increased middle-class population, rise in fuel prices, increased charging stations Infrastructural Development and government incentives.

1. Increasing numbers of charging stations, helps to grow the electric vehicle market in Brazil.

Brazil having the most charging points of electric vehicle in whole Latin America, as of 2023, the country has 50,000 charging points, compared to 3,000 in 2020.

In Brazil, there are various type of charging stations for electric vehicles including, such as Level 1 9110v), Level 2 (220V) and DC fast chargers (DCFC). As of 2022, the larger majority of electric vehicle charging station connectors in Brazil were Type 2, with a total of 308 plugs resisted.

Brazil provides fast charging features like, in 2023 over 60% of total charging stations are equipped with DC fast-Charging technology, allowing EVs to recharge up to 80% of their battery capacity in under 30 minutes. This focus on high-speed charging that led to encourage more people to adopt for electric vehicles.

2. Due to increase in fuel price in Brazil, the demand of electric vehicle is on the rise in the market.

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Gasoline Prices in Brazil increased around 1.17 USD/Liter in June from 1.05 USD/Liter in May of 2023.Consumers in Brazil are more attracted to the electric vehicle because it has the potential to reduce long- term fuel cost, which makes them more cost-effective option against to traditional gasoline- powered vehicle in market.

In Brazil, the consumption of gasoline is continuing to increase in 2023 and 2024, mostly due to expansion of farming sector and the use of mobility cars in the country. In 2023, the demand of diesel is expected to grow 1.8% in the market.

As a result, hike in price of oil in the market, encourage buyers switch to electric vehicle and encourage to adopt EVs in Brazil. And compared to traditional fuels, the cost of energy in electric vehicles are stable and predictable.

3. Rise in middle class population in Brazil is becoming the reason for the growth of electric vehicle market.

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The rise of middle- class population in Brazil has led to increase in car ownership. In 2021 the traditional middle class was around 47% in Brazil. And now as middle- class population grows, with the annual rate of 0.8% the no. has increase up to 87% in 2023.

With the increasing no. of middle class, just about 10% of the population holds 43% of Brazil’s whole income. The average per- capita household income in Brazil is approx. $38 per month. This shows the purchasing power of people in Brazil.

Brazil’s rising middle- class population has contributed significantly to growth of the electric vehicle market. As more people enter the middle class, their purchasing power increase, making electric vehicle a reasonable option. The desire for sustainable transportation option, coupled with the increasing affordability of electric vehicle, has led to a surge in demand.

4. Over the years Brazil’s government introduce policies and take initiatives to promote electric vehicle that helps in growing the market.

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Multiple government incentives in Brazil have led to a significant increase in electric vehicle (EV) sales, with registrations tripling and charging stations expanding.

In 2018, Brazil government Import tax for EVs that is, Resolution 97/2018 of CAMEX (Executive Secretariat of the Foreign Chamber of Commerce), and added electric vehicles to the Brazilian List of Exceptions to the MERCOSUR Common External Tariff. Import taxes for EVs have been reduced from 35% to 0%.

A law pass by Brazilian govt. in 2022 that forbids the entry of fossil fuel-powered cars and demands a 100% electric vehicle by 2028. This will be making EVs more accessible to customers, encouraging their adoption, such as tax reductions and subsidies, are helping to grow the market for electric vehicles.

Brazil’s constitution and justice commission CCJ approved a bill aimed at prohibiting the sale of new petrol and diesel-powered cars in the country as of January 2028. Thus, only electric vehicles and those that run on bio energy such as ethanol would be permitted. The bill also includes the prohibition of all petrol and diesel-powered vehicles on roads starting in next 5 years.

As a result, the Brazil electric vehicle Market is directly benefitted because of different types of government policies and initiatives.

Conclusion

The Brazil EV Market is growing at a considerate level with the help of its type of EVs (2-wheeler and 4-wheeler). Expecting growth with a CAGR of 17% the Brazil EV Market is ready to gain more benefits from increasing middle class population, a high rise in fuel prices, increasing no. of charging stations and support of the government to promote electric vehicle in the country.

UAE's IT Service Market Soars: Projected CAGR of 8.5% by 2027 Ignites Tech Landscape

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Anticipated to exhibit a CAGR of ~8.5% between 2022 and 2027, the IT sector in the UAE is poised for substantial expansion. This growth is attributed to the widespread integration of technology across diverse domains including government, banking, and education.

STORY OUTLINE

• Innovative Thrust and 6G Leap: UAE's Etisalat leads 6G implementation, ushering in elevated data rates, expansive connectivity, and energy efficiency.
• AI Leadership and Collaboration: UAE and Saudi Arabia vie for global AI prominence with visionary strategies and institutions like Mohamed bin Zayed University of AI.
• Revolutionizing UAE's Tech Landscape: UAE's National Innovation Strategy, cybersecurity efforts, and ICT infrastructure catalyze innovation and digital evolution.
• Cybersecurity and Regulatory Vigilance: Middle East governments proactively establish 6G regulatory frameworks, prioritizing cybersecurity and data privacy.

Ken Research forecasts a promising future for the Middle East's IT landscape, projecting a CAGR of 8.5% from 2022 to 2027. This growth trajectory is driven by proactive government initiatives, AI advancements, cybersecurity enhancements, and evolving digital infrastructure, promising transformative progress and opportunities across sectors.

1. 6G Advancement in Middle East

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Etisalat, a prominent UAE telecom operator, has unveiled its ambitious strategy for implementing 6G technology while concurrently enhancing its research and development center.

The forthcoming 6G era promises remarkable enhancements, including elevated data rates, minimal latency, heightened reliability, expansive connectivity, and optimal energy efficiency.

Anticipated to revolutionize sectors such as smart cities, Industry 4.0, e-Healthcare, and autonomous vehicles, 6G will serve as a bedrock for transformative technologies and applications. This evolution lays the groundwork for increased automation, intelligent systems, and seamless IoT connectivity.

Governments across the Middle East are taking proactive measures to establish regulatory frameworks and policies that ensure the seamless deployment of 6G while prioritizing cybersecurity and data privacy. These regulations will wield substantial influence in shaping the 6G landscape and fostering its widespread integration.

2. Middle East's Proactive Stance

 

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The UAE's AI strategy, launched in 2017, aims for global AI leadership by 2031. The forthcoming Mohamed bin Zayed University of Artificial Intelligence cements the nation's commitment to AI excellence.

Saudi Arabia integrates AI into its vision plan, founding the Saudi Data and Artificial Intelligence Authority (SDAIA) for comprehensive AI development.

The region's heightened AI focus opens doors for collaborative efforts between countries like Egypt and Oman, fostering resource sharing, knowledge exchange, and accelerated AI progress.

3. Revolutionizing UAE: Government's Drive for Innovation, Transformation

The UAE government kick-started the National Innovation Strategy, further bolstered by initiatives like the National Cyber Security Strategy, Dubai's cyber security strategy, FedNet, and the UAE Pass app. The establishment of innovation hubs, notably the Dubai Future Foundation, has added momentum.

Ensuring a robust ICT infrastructure is paramount, encompassing high-speed internet connectivity and advanced data centers. Globally, Abu Dhabi secures the 28th position in smart city rankings, demonstrating its digital progress.

In a bid to fortify cybersecurity, the UAE has enacted comprehensive laws and regulations. Safeguarding intellectual property rights has been a priority. The introduction of pivotal regulations like Data Protection Law, Internet Access Management policy, and Information Assurance Regulation reflects the nation's commitment to cybersecurity and data privacy.

In conclusion, the Middle East stands poised on the precipice of a transformative era fueled by 6G technology and proactive AI initiatives. The UAE's steadfast commitment to innovation, coupled with its strategic partnerships and robust regulatory frameworks, positions the region to lead in the realms of technology, AI, and digital transformation.

The Current and Future Landscape of the US Micro Lending Market

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What is the Size of US Micro Lending Industry?

US Micro Lending Market is expected to grow at a CAGR of ~ % in 2022 and is expected to reach ~USD Mn by 2028. Micro-lending is a driving force behind efforts to promote financial inclusion. Many individuals and small businesses lack access to traditional banking services or face barriers in obtaining credit.  Micro-lenders offer accessible financing options, helping bridge this gap and empowering underserved populations to participate in economic activities. The rise of startups and small businesses has led to an increased demand for flexible and immediate financing. Micro-lending addresses their funding needs for initial capital, expansion, working capital, and operational adjustments, propelling their growth and innovation.

Moreover, regulatory changes that encourage responsible lending practices and consumer protection contribute to the growth of micro-lending. Focused efforts to balance innovation with consumer safeguards foster a favorable environment for micro-lending expansion. Micro-lending supports economic recovery by providing access to capital for individuals and businesses during challenging times. This aids in preserving jobs, stimulating entrepreneurship, and bolstering local economies.

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US Micro Lending Market By type of product

The US Micro Lending market is segmented by Microloans, Savings and Deposit Services, Micro insurance and Remittances. In 2022, in type of product segment, microloans are dominance in US Micro Lending market. Microloans, characterized by their relatively small loan amounts, have gained prominence due to their suitability for a wide range of borrowers. Small businesses, startups, and individuals often require quick and accessible financing for immediate needs such as working capital, equipment purchases, or unexpected expenses. Microloans provide a tailored solution for these scenarios, offering manageable borrowing options without overwhelming debt commitments.

US Micro Lending Market by end user

In US Micro Lending market, they are segmented by small enterprises, Solo entrepreneurs & self-employed, Farmers & Agriculture workers, Healthcare Recipients and Small enterprises. In 2022, in end user segment, small enterprises are dominance in US Micro Lending market. Small enterprises often face challenges accessing traditional financing options from banks and larger financial institutions. Micro lending platforms have stepped in to bridge this gap, offering streamlined application processes, faster approvals, and smaller loan amounts tailored to the needs of these businesses.

The US Micro Lending market is segmented by Region into North, South, East, West. In 2022, the dominance region is north region in US Micro Lending market. The North region's diverse industries, technological infrastructure, and access to skilled professionals contribute to its prominence in the micro-lending market. The established ecosystem of financial expertise, combined with the region's economic diversity, positions the North as a hub for both traditional and innovative micro-lending solutions, influencing its dominance in 2022.

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Competition Scenario in US Micro Lending Market

The US micro-lending market is marked by intense competition as various players aim to cater to the diverse financial needs of individuals and small businesses. Established financial institutions like JPMorgan Chase and Wells Fargo have ventured into micro-lending, leveraging their brand recognition and infrastructure to offer small-dollar loans.

Furthermore, peer-to-peer (P2P) lending platforms like Funding Circle enable individuals to invest directly in loans for small businesses, creating a unique form of competition and democratizing lending. Emerging neo-banks such as Chime and Varo Money offer overdraft protection and small-dollar credit lines, tapping into their growing customer base to provide micro-lending options with a focus on consumer-friendly terms. Credit unions and community development financial institutions (CDFIs) also compete by offering micro-lending programs that align with their mission to serve underserved communities.

What is the Expected Future Outlook for the Overall US Micro Lending Market?

The US Micro Lending market was valued at USD ~Million in 2022 and is anticipated to reach USD ~ Million by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022- 2028. The integration of technology, particularly digital platforms and artificial intelligence, will likely drive the micro-lending market. Online lending platforms will continue to grow, making the application process more convenient and accelerating loan approvals. Micro-lending is expected to play a crucial role in promoting financial inclusion, especially among underserved communities and individuals lacking access to traditional credit sources. Online platforms and mobile apps can bridge this gap by offering accessible and affordable loan options.

 The use of alternative data sources for assessing creditworthiness will expand. This includes analyzing factors beyond traditional credit scores, such as social media activity, payment history, and education levels, to assess risk and determine loan eligibility. Regulatory changes will impact the micro-lending market. Striking the right balance between fostering innovation and ensuring consumer protection will be a challenge. Regulations governing interest rates, fees, and transparency will continue to influence lending practices. Moreover, Micro-lending could expand its focus beyond individuals to include small and medium-sized enterprises (SMEs). Online platforms can offer swift and accessible funding options to help these businesses grow and innovate.

Micro-lenders might emphasize education and financial literacy initiatives to empower borrowers with better financial management skills. This could lead to more responsible borrowing and reduced default rates. As digital lending becomes more prevalent, ensuring data security and privacy will be paramount. Lenders will need to invest in robust cybersecurity measures to protect sensitive borrower information.

How can UK Leverage Technology to be a Leader in Parking Management Market By 2028?

 Story Outline

Technologies such as AI, machine learning, speed monitoring, image recognition, and tracking capabilities are expected to improve and enhance the user's experience in the market. For instance, in May 2021, L&T Technology Services developed a smart parking solution collaborating with the Intel Corporation.

The solution comprises four essential parts and uses AI's effective capabilities. They are a digital camera, a mobile application for the end-user interface, a digital signage module for safe and secure access, and an operator portal that contains user information. The AWS cloud platform connects all of these parts, making it readily available and reachable.

Technology enhancement in connectivity and communication is also expected to make it a more affordable and sought-after solution. Mobile-based App support for parking solutions is expected to bring new growth opportunities to the market.

1. Role of technology in Parking Management- IoT Parking Technology poses as solution

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IoT-enabled parking management systems can operate with a distributed architecture, processing a significant portion of data at the edge devices themselves. This approach minimizes the volume of data that needs to be transmitted and stored centrally, reducing the exposure to potential cyber threats. Additionally, the integration of blockchain technology further enhances data security by providing a tamper-proof and transparent record of transactions.

Incorporating IoT technology into parking management not only enhances operational efficiency but also offers a robust framework to safeguard data integrity and privacy. As the parking management landscape continues to evolve, the integration of IoT-based solutions stands as a testament to the industry's commitment to ensuring secure and protected data management practices.

Utilizing Internet of Things (IoT) technology in parking management offers a robust solution to address data security concerns. IoT-enabled parking systems utilize a network of interconnected devices and sensors to collect, transmit, and analyze data in real-time. By implementing advanced encryption protocols and secure communication channels, IoT-based parking solutions ensure that sensitive data remains protected throughout the data transmission process.

2. Navigating Challenges: Ensuring Data Security and Privacy in the Evolving Parking Management Market.

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A Virtual Private Network (VPN) can help secure parking data in the UK's parking market by creating a secure and encrypted connection between a user's device and a remote server. This encryption ensures that the data being transmitted between the user and the server is protected from potential eavesdropping, hacking, or unauthorized access. Here's how a VPN can contribute to securing parking data:

• When you use a VPN, all data traffic between your device and the VPN server is encrypted. This means that even if someone intercepts the data, they won't be able to understand it without the encryption key. This is crucial for protecting sensitive parking-related information, such as payment details, vehicle information, and personal data of users.
• Public Wi-Fi networks, such as those found in parking areas, cafes, and hotels, are often susceptible to security vulnerabilities. Hackers can easily intercept data sent over these networks. By using a VPN, users can encrypt their data before it's transmitted over a public Wi-Fi connection, making it much more difficult for malicious actors to steal sensitive information.
• Some VPNs offer features that allow users to hide their real IP address and browse the internet anonymously. While this might not directly secure parking data, it can enhance overall privacy and protect users from potential tracking and profiling.
• Distributed Denial of Service (DDoS) attacks can disrupt online services, including those related to the parking market. Some advanced VPN services offer DDoS protection, which can help mitigate the impact of such attacks and keep services running smoothly.

3. Rising smart city initiative globally will pose as an opportunity for UK’s parking management market

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The surge in emerging technologies has propelled major urban areas to transform them into smart cities. Smart cities integrate their housing, mobility, and economic functions by utilizing innovative information and communications technologies. The smart city initiatives adopted by governments across the world are expected to provide business opportunities for the providers of smart parking management solutions, which can be integrated with smart city solutions.

As governments worldwide increasingly adopt ambitious smart city initiatives, they recognize the critical role that efficient and intelligent parking solutions play in addressing urban challenges like traffic congestion, air pollution, and limited parking infrastructure. In the UK, a country known for its bustling metropolitan areas and well-developed urban infrastructure, the evolution of parking management is particularly significant.

The parking management market is witnessing a transformative phase, driven by technological advancements and changing consumer needs. The integration of smart parking solutions, IoT-based sensors, real-time data analytics, and seamless payment systems has revolutionized the way parking is managed and experienced. As urbanization and vehicle ownership rates continue to rise, the demand for efficient parking solutions is expected to grow exponentially.

Germany Property Management Market expected to grow with CAGR of ~4% by 2028: Ken Research

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The industry includes the management of residential and commercial real estate and land for third parties. These activities also include the fiduciary management of buildings for the community of owners of condominiums located there. Cleaning services, maintenance and minor repairs, waste disposal, and the provision of guard and security services are not industry-related.

STORY OUTLINE

• Competitive landscape of the Germany Property Management market, which are making it, grow higher.
• Trends in Germany Property Management market which are exaggerating the market by various key players.
• Factors driving the Germany Property Management market are the growing investments in the market.
• According to Ken research, the Germany Property Management market at a CAGR of ~4% during the forecast period (2023-2028).

1. Growth of Germany Property Management market is getting higher with ~4% CAGR.

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Germany Property management market is a growing industry in Germany due to various factors. It is growing with a CAGR ~4%. The growth in German facility management services is attributed to the increasing demand for customized in-house and outsourced facility management solutions. Moreover, the rising number of commercial and residential buildings in major cities pushes the demand for facility management services across the country.

Businesses providing residential property services benefit from price increase and new construction and 26% more people working in intermediation, sales, and management (2014-2017). There is an increase in the turnover of real estate agencies, after the introduction of the “ordered principle” for rented dwellings by the Federal Government of the country.

Residential property agencies increased their turnover from EUR 6.73 billion to EUR 8.49 billion (2017). Real estate agencies are benefiting from the rising prices of dwellings and houses.

2. Which are the driving factors for the growth of Germany Property Management market?

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The driving factors, which are growing the Germany property management market, are the growing investments in commercial properties are expected to increase the region's demand for facility management services. It is quite evident with the recent developments happening in the country. Additionally, rapid infrastructure development and the rising focus on integrated facility management services are anticipated to positively influence the German facility management market over the coming years.

In 2018, real estate activities accounted for 10.5% of the total German GVA (Gross Value added). Real estate activities were in the top 5 economic activities in Germany, in terms of output generated. Gross Value Added: Real estate activities’ revenue was amounted to EUR 82.282 billion in September 2019. This records an increase from the previous years’ value of EUR 80.715 billion. Investments toward real estate have been increasing.

3. Trends which are hyping the growth of Germany Property Management market

Germany Property management market is growing with help of the various trends happening in key players. Trending developments in the market include many innovations and acquisitions ventures.

Intel announced to invest of USD 20 billion to begin constructing eight chip plant facilities in Belgium, Germany, France, and the Netherlands in early 2021. Such developments are driving more opportunities for vendors to have security services for facility management.

Germany is one of the leading European countries in the Fintech market. Start-ups are often the driver of innovation, bringing new and disruptive products and services. As of September 2019, there were 202 property Fintech start-ups in Germany, targeted at the real estate market. PropTech includes solutions, such as online listing services, mobile apps, property management SaaS products, and crowdfunding platforms, among others.

In August 2021, Google is opening a new Google Cloud region in Berlin-Brandenburg, with investment plans in renewable energy. The company plans to further invest in Germany's transition to a digital and sustainable economy. The company plans to invest approximately EUR 1 billion in digital infrastructure and clean energy by 2030.

4. Outlook of Germany Property Management market is expected to grow higher

Germany property management market is growing in the market value every year and is expecting to grow exponentially in upcoming years. Research shows the CAGR of ~1.4% in 2018-2022 forecast period and ~4% CAGR in 2022-2028.

There are many solutions which utilize data analytics, in order to help users make intelligent decisions when it comes to buying, selling, leasing, or investing in real estate, simplifying property management, or marketing their products in the industry are popping which will contribute to a great deal in the market.

Increase in cybercrime results in India Digital Forensic Market to rise, with an expected CAGR of ~16% by 2028

 With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth.

STORY OUTLINE

• Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics.
• Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.
• With the incorporation of Cloud Based services, advanced methods and easy to use tools are improving the market’s workforce.
• Integration of Artificial Intelligence (AI) and Machine Learning (ML) has made an impact in real time monitoring and error fixation.

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1. Using techniques like Data Recovery, Log Analysis, and more, India Digital Forensic Market enhances its Computer Forensics.

• Indian Computer Emergency Response Team (CERT-In), plays a pivotal role in coordinating Incident Response and supervising cybersecurity and digital forensics.
• National Cyber Coordination Center (NCCC) is a government initiative which primarily focuses on monitoring of ongoing cyber threats, and provides intelligence to various companies.
• After the ATM Skimming case and Barkha Dutt’s Twitter Hack, the need for better and robust digital forensics has led to the rise of data security and privacy.
• With the Digital India Initiative, India is soon to be transformed into a digitally empowered nation, having top notch digital devices and skilled professionals to look out for cyber threats.

According to Ken Research, the India Digital Forensics Market has made successive changes and plans to undergo larger changes in order to make progress and rise to the challenge of rising cybersecurity threats. With advancements in technology and focusing on end-user industry, leading to a growth with an expected CAGR of ~16% by 2028.

2. Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.            

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• Deployment of the State Police Cyber Crime Units has led to the separate monitoring of the mobile related cyber threats like mobile application hack etc.
• After the WhatsApp Hacks and Phishing attacks, enhancements to specific areas has been made with enhanced identification of attack vectors, recovering evidence and more.
• Both CERT-IN and NCCC has tremendous availabilities of threat detection, incident response, network traffic analyzers providing enhanced Network Forensics solutions.
• After the Distributed Denial of Service (DDoS) Attacks, the Network Forensic sector has made their tracking more complex, mapping the source, trajectory or pattern of attack etc.

3. With the incorporation of Cloud Forensics, advanced methods and easy to use tools are improving the market’s workforce.

• With the adoption of Monitoring APIs and Cloud Service Logs, analyzation gives data on user activities with real time monitoring, system events and more.
• Memory Analyzation of a virtual machine used inside a cloud environment, can help to view or identify running processes, potential malware and network connections.
• Incorporation and usage of Blockchain technology, ensures the maintenance of its data integrity, enhancing the investigation of certain threats properly.
• With the coordinated initiatives from Cloud Security Alliance (CSA), called the "Cloud Forensics Working Group", has helped device newer frameworks of threat detection and prevention.

4. Integration of Artificial Intelligence (AI) and Machine Learning (ML) has made an impact in real time monitoring and error fixation. 

• With enhanced Anomaly Detection and Pattern Recognition, AI and ML can detect abnormalities in network and data transmission, detecting potential cyber threats.
• Enhanced Natural Language Processing (NLP) helps in analyzing unstructured texts data from email or personal messaging applications, increasing investigating efficiency.
• Upgraded ML algorithms detects the behavioral pattern of an individual, detecting for an unusual or unauthorized access and reporting in real time.
• A CERT-In initiative called “Cyber Swachhta Kendra”, has allowed for users to use free tools to clean up from malware and other threats pertaining to future problems, clearing the environment of cyber threats.

CONCLUSION

This heavily weighted industry is always on the lookout and monitoring every aspect of digital forensics, paving the way for a suitable and clean environment without the presence of any hackers trying to enter through the backdoor.

Revving Up: Malaysia's Used Car Market Accelerates Amid Economic Caution

 With cautious sentiment driven by inflation and interest rate hikes, the growth in used car sales is projected to continue.

• Rising Demand: Used car sales to surge in 2023 amid cautious economic outlook.
• Affordable Option: Customers opt for pre-owned vehicles due to inflation and interest rate concerns.
• Online Platforms: Online platforms expedite used car buying and selling process.
• Growth Projection: Used car sales projected to grow 10% YoY in 2023.1.
• As per Ken Research, as Malaysia's used car market gains momentum in 2023, economic uncertainties prompt customers to gravitate towards more affordable pre-owned vehicles.

1. Resilient Used Car Sales Surge in 2023 Amid Economic Caution

Malaysia Used Car Market Trends

The used car market in Malaysia has witnessed a resurgence in 2023, driven by economic caution and consumer preference for affordable pre-owned vehicles. Datuk Tony Khor, President of the Federation of Motor and Credit Companies Association of Malaysia (FMCCAM), underlines that factor such as inflation, interest rate hikes, and slower economic growth will influence consumer sentiment this year in a big way.

When economic conditions become uncertain, there is a tendency for customers to opt for cost-effective pre-owned vehicles, contributing to the growth of the used car segment.

2. Digital Platforms and Trade-ins Shape the Market Dynamics

Malaysia Used Car Market Scenario

Khor highlighted the vital role of online platforms in reshaping the used car market landscape. These digital platforms are expected to expedite and simplify the process of buying and selling used cars, providing both buyers and sellers with a convenient and efficient way to conduct transactions.

The trend of trading in old vehicles when purchasing new ones has gained traction. With around 65% of new car buyers opting for trade-ins, the supply of used cars continues to be supported by the constant influx of new vehicle sales.

3. Steady Industry Performance and Positive Outlook

Malaysia Pre-Owned Car Market Future Scenario

Recent data from the Malaysian Automotive Association (MAA) reveals a strong performance in the automotive sector. Sales of new vehicles witnessed a remarkable 39% surge to 62,649 units in the last month, underlining the market's resilience.

The year-to-date sales volume for February highlights steady growth, standing at 112,128 units compared to the same period in the previous year. Passenger vehicle sales reached 55,555 units in February 2023, indicating a positive trend.

 Further boosting the market, analysts project strong sales growth in March 2023, with Japanese car manufacturers capitalizing on fiscal year-end effects and the extended sales and service tax (SST) exemption. As the industry remains well-positioned, strong orders, steady input costs, and supply chain stabilization are set to propel the sector's growth and earnings throughout the year.

Conclusion

According to Ken Research, as Malaysia's used car market gains momentum in 2023, economic uncertainties prompt customers to gravitate towards more affordable pre-owned vehicles. With cautious sentiment driven by inflation and interest rate hikes, the growth in used car sales is projected to continue, supported by online platforms and the preference for personal transportation.

India's UPVC Door and Windows Market Set to Soar: Exploring Factors Driving the 2027 Boom!

 The growth projections for India's UPVC door and windows market are promising. Industry experts estimate that the market will experience a CAGR of around ~11.3% from 2022 to 2027.

Story Outline

• UPVC Demand in Evolving Real Estate: India's real estate evolution sees surging demand for UPVC doors and windows, driving market growth towards modernization by 2027.
• Government's Role in Housing Evolution: Government investments anticipate increased urban housing demand, driven by initiatives like the Urban Infrastructure Development Fund, reshaping the real estate landscape.
• Influential Market Factors: Rising personal income aligns with infrastructure growth, while climate resilience and affordable housing policies contribute to evolving market dynamics.

PVC Resin's Pricing Influence: PVC resin pricing, swayed by demand, inventories, and oil costs, showcases sensitivity as historical trends indicate. Future trends remain molded by these factors.

India's real estate and construction sectors have been experiencing rapid development, with a noticeable shift towards modernization and efficiency. One significant aspect of this transformation is the increasing demand for UPVC (unplasticized polyvinyl chloride) doors and windows. This trend is driven by a variety of factors that are projected to lead to substantial growth in the UPVC door and windows market in India by the year 2027.

1. Government's Mega Investment Plans Set to Reshape the Market

Anticipated government initiatives and investments in the real estate sector are predicted to generate a surge in demand for the construction of new housing units, particularly in urban centers such as Delhi and Bangalore.

The upcoming period envisions new building construction taking the lead in market dominance. This trend is predominantly attributed to the robust infrastructural advancements in the northern and central regions of the nation.

The initiation of the Urban Infrastructure Development Fund, backed by a substantial INR 10,000 Cr. investment in the Union Budget 2023-24, exemplifies a proactive stride towards holistic national advancement.

2. Impactful Industry Factors: Income Rise, Climate Challenges & More…

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The rise in Personal disposable income is set to drive market demand, fueled by infrastructure development. Demand for door and window systems are expected to increase due to its ability to withstand extreme climatic conditions.

High emphasis by the Government on the housing scheme presents strong opportunity in the urban affordable housing segment. Increased consumption of PVC resin by the US and other countries will lead to price escalation if production is limited.

3. PVC Resin Price Faces Ripple Effects

The price of PVC resin is affected and expected to rise in future owing to various factors such as increase in demand, inventories, and oil prices.

The cost of PVC resin is subject to periodic fluctuations. Notably, it surged significantly from INR 64.0 per Kg in 2015 to INR 111.0 per Kg in 2022. This increase is attributed to heightened end-user demand, elevated oil prices, and reduced domestic supply.

The escalation in PVC resin prices stems from heightened demand for end-use products, oil price hikes, and decreased domestic supply. Additionally, the forthcoming years will witness PVC resin pricing influenced by end-use product availability and various other factors.