Computer Aided Design (CAD) Software Market 2021 - Global Segmentation & Forecast till 2030

 Computer Aided Design (CAD) Software Market 2021

 

Insightful data based on Computer Aided Design (CAD) Software Market has been recently published by Absolute Markets Insights. The report provides profound information on effective analysis of the businesses. Moreover, the report uses an exploratory technique such as qualitative and quantitative analysis to discover the data of the market in question. By introducing distinctive efficient sales strategies the report provides, ways to impel the customer growth.

Continuous evolution in product offerings of various industries including healthcare, construction, manufacturing, automotive among others are anticipated to increase the demand for CAD software tools for designing newer products. Many industries transformed their operations to manufacturing essential healthcare equipment including ventilators in the time of coronavirus crisis which inflated the demand for CAD software for designing critical care equipment. These factors are expected to drive the demand for computer aided design (CAD) software market over forecast period.  

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Major Key Players:

Some of the players operating in the Computer Aided Design (CAD) Software Market are AirVPN, Array Networks, Cisco Systems, Inc., ExpressVPN, Golden Frog, GmbH, IPVanish VPN, Microsoft Corporation, NordVPN.com, NortonLifeLock Inc, Proton Technologies AG, Surfshark, TorGuard.net., TunnelBear LLC., VAST Software s.r.o. among others. 

Key findings of the report:

The detailed research study provides qualitative and quantitative analysis of computer aided design (CAD) software market. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Market Segmentation

By Offering

Solutions

Cloud

On-Premise

Services

Managed Services

Professional Services

By Organization Size

Small and Medium Enterprises

Large Enterprises

By Industry

Automobile

Metallurgy

Construction and Design

Oil and Gas

Energy and Utilities

Consumer Electronics

Electrical Appliances and Instrumentation

Naval Architecture and Shipbuilding

Education

Aerospace and Aviation

Others

By Type

2D

3D

By Operating System Type

Windows

Mac/iOS

Others

By Region

North America

U.S

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Indonesia

Thailand

Malaysia

Singapore

Rest of Southeast Asia

Rest of Asia Pacific

Middle East and Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America 

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United States Surgical Staplers Market Production Growth, Top Key Players and Forecast to 2030

United States Surgical Staplers Market Overview

 

The healthcare industry is witnessing significant technological advancements. Innovative treatment methods as well as equipment are being implemented to enhance treatment standards and customer satisfaction. Surgery is one of the major areas witnessing these advancements which is demonstrated by introduction of advanced imaging solutions and surgical devices by market participants. Surgical staplers are one category of products that have also been witnessing innovations since past few years. These products exhibit high usage by medical practitioners for treatment of surgical wounds. The use of surgical staplers allows a much smoother closing process for wounds and is favored by surgeons because staples have lesser side effects and require limited penetration into the skin. 

The US is one of the biggest markets for surgical staplers. As the number of individuals covered under ACA and Medicaid continues to grow, the United States is generating huge demand for medical devices. As the number of cardiac surgeries have been continuously rising in the country, surgical staplers exhibit the highest demand in such surgical procedures. The market is expected to be driven by investment in research and development of innovative surgical stapling devices. The factors that are limiting the expansion of the market are the growing demand for advanced injury closure materials like glue, fibrin sealants and allergic reaction due to post-surgical operations

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Major Key Players:

Some of the major players operating in the United States Surgical Staplers market are Johnson & Johnson Services, Inc.,3MB, Braun Melsungen, AGSmith & Nephew amongst others.

Key Findings of the Report:

The US Surgical Staplers market was valued at USD 1,108.1 Mn in 2018 and expected to reach value USD 2,109.4 Mn in 2030 with CAGR of 7.4%.

Surgical staplers are one category of products that have been witnessing innovations since past few years as these products exhibit high usage by medical practitioners for varied surgical procedures.

The factors that are limiting the expansion of the market are growing demand for advanced injury closure materials like glue, fibrin sealants and allergic reaction due to post-surgical operations.

The US is one of the biggest markets for surgical staplers and as the number of individuals covered under ACA and Medicaid continues to grow, the United States is generating huge demand for medical devices.

Market Segmentation

By Surgery Type

Open Surgery

Laparoscopic Surgery

By Application

General Surgery

Cardiac & Thoracic Surgery

Abdominal & Pelvic Surgery

Others

By End User

Hospitals

Ambulatory Surgical Centers (ASCS)

Clinics

By Geography

Northeast

Mid-west

West

South

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Global Online Learning For K-12 Education Market 2021 Share, Size, Trend and Forecast to 2030

 

Online Learning For K-12 Education Market Overview

Some of the players operating in the online learning for K-12 education market include EF Education First Ltd, Enuma, Inc., McGraw-Hill Education

The global online learning for K-12 education market is expected to gain significant growth with the rising investments by the educational institutions towards digital learning technologies. The education providers are focusing on offering innovative, scalable and affordable solutions to the students by collaborating with the ed-tech companies. These companies facilitate learning through interactive tools, enhancing the educational experience for K-12. For instance, Amity International School in Abu Dhabi has collaborated with Alef Education, a UAE based ed-tech company that uses artificial intelligence and virtual reality across classrooms focusing on core subjects like math, science, and english.

The rapid penetration of smart devices such as mobile phones and tablets along with the growing demand for customized learning has led to an increase in emphasis on the digitization of education. For instance, Classteacher Learning Systems offers with digital classroom solutions to over 1500 schools across India. In addition, Discovery Education empowers teachers and captivates pupils by providing high-quality, dynamic, digital content to primary and secondary schools across the United Kingdom. Few companies are also engaged in developing personalized solutions for schools and institutions, by identifying the specific needs through a collaborative process, and creating flexible, custom education solutions. Hence, the increased demand for digital solutions to provide each student with personalized, engaging learning experience in order to increase productivity, is driving the demand for global online learning for K-12 education market during the forecast period.

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Major Key Players:

Some of the players operating in the online learning for K-12 education market incldue EF Education First Ltd, Enuma, Inc., McGraw-Hill Education, NextEducation India Pvt Ltd, Pearson, Vedantu, Whizz Education, Blackboard Inc., , Chegg, Inc. , Cisco, Instructure, Inc., iTutorGroup, Math 42, Knewton, Inc., Mathspace among others.

Key Findings of the Report:

In terms of revenue, global online learning for K-12 education market is expected to grow at a CAGR of over 11.4% owing to increasing number of e-learning platforms due to rising internet penetration.

On the basis of education level, senior high education segment is expected to witness highest CAGR over the forecast period owing to increasing awareness among millennial.

On the basis of learning type, hybrid segment is projected to hold the largest market size, followed by synchronous during the forecast period.

Market Segmentation

By Education Level

Elementary Education (Grades 1-5)

Junior High Education (Grades 6-8)

Senior High Education (Grades 9-12)

By Learning Type

Synchronous

Asynchronous

Hybrid

By Language

English

Arabic

Others

By Subject

Science

Mathematics

Others

By Region

North America

U.S

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Indonesia

Thailand

Malaysia

Singapore

Rest of Southeast Asia

Rest of Asia Pacific

Middle East and Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

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Real Estate Crowdfunding Market Regional Analysis, Key Players, Opportunities and Forecast - 2030

 Real Estate Crowdfunding Market 2021

 

Statistical analysis of Real Estate Crowdfunding Market has been published by Absolute Markets Insights. It provides an in-depth analysis of Real Estate Crowdfunding sector primary and secondary exploratory techniques have been used by analysts.

The space for real estate crowdfunding is constantly growing and even non-accredited investors have been able to participate in this booming activity through companies such as Fundrise. In short, real estate crowdfunding is a way of investing in assets using small amounts of capital from multiple individuals. This is done mostly through crowdfunding platforms that bring sponsors and investors together. Since properties typically increase over time, investors may earn better rentals or greater profits once the property is sold to the market. Before the emergence of internet-based real estate crowdfunding platforms, crowdfunding allowed an investor to have access to a network of trusted partners and a lucrative offer they could buy shares off. It may, therefore, be difficult to communicate with stakeholders with minimal links.

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Major Key Players:

Some of the players operating in the United States Real Estate Crowdfunding Market are American Homeowner Preservation LLC, Cadre, CrowdStreet, Inc., Fundrise, LLC, Groundbreaker Technologies, Inc, and REALCROWD, INC amongst others.

Key findings of the report:

In terms of revenue, the United States Real Estate Crowdfunding Market is expected to reach over US$ 868.9 billion by 2030, over the forecast period due to limitations in traditional real estate investments.

Institutional Investors segment is expanding its presence in the Real Estate Crowdfunding Market.

The Residential property type segment is expected to reach over US$ 147.6 billion by 2030, growing at an estimated CAGR of over 55% during the forecast period.

Industrial buildings of commercial property type, is expected to witness considerable progress over the next eight years growing at an estimated CAGR of over 60% during the forecast period.

Market Segmentation

By Investors

• Individual Investors
• Institutional Investors

By Property Type

• Residential
• Commercial
• Schools
• Hospitals
• Shopping Centers
• Industrial Buildings
• Others

By Region

• Northeast
• Midwest
• West
• South

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Web hosting Services Market Global Market Surge, Future Scope, Top Key Players and Forecast to 2030

 Web hosting Services Market 2021

 

The global web hosting services market was valued at US$ 90.54 billion in 2018 and is expected to reach US$ 288.63 billion by 2030, growing at an estimated CAGR of 14.9% over the forecast period.Web hosting services are a type of internet hosting service that allows individuals and organizations to access their websites through the World Wide Web. Web Hosting Services Market 2019-2024 report Strategic analysis of key player profiling and development plans and strategies.

Web hosting services market research studies rely on a combination of primary and secondary research. Discuss the growth and growth of the web hosting services market. In addition, key players in the market have detailed the current acquisitions and mergers. In addition, historical information and growth of the CAGR were provided in the research report. The latest trends in the web hosting services market, product portfolios, demographics, geographic segmentation and regulatory frameworks were also included in the study.

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Major Key Players:

Top key players of the web hosting services market are 1&1 IONOS Inc. Amazon Web Services, Inc., Bluehost Inc., Earthlink, Endurance International Group, Equinix, Inc., Google LLC, GoDaddy Operating Company LLC, Hostgator.com, LLC. Amongst others.

This report not only provides qualitative and quantitative research into the web hosting services market, but also provides comprehensive insights and preferred development methods adopted by key competitors. The report also provides extensive research on the major players in this market and details on their competitiveness. Key business strategies such as mergers and acquisitions, alliances, collaborations, and contracts adopted by these key market participants are also recognized and analyzed in the report. For each company, this report examines global presence, competitors, service offerings, specifications, prices, and gross margins.

Hybrid cloud deployment model would grow notably as the model offers several advantages in comparison to a private and public cloud. The cost associated with the hybrid cloud is lower than that of private cloud and it also offers the resilient level of security and uptime when compared to a public cloud. North America web hosting services market is expected to hold the largest market share over the next eight years owing to the presence of large number players in the region and relatively higher adoption of digital technology.

Market Segmentation

Web hosting Services Market Type Research:

VPS (Virtual Private Server) Web Hosting

Shared Web Hosting

Dedicated Web Hosting

Other

Market Application Research:

Public Website

Intranet Services

Web hosting Services Market Regional Overview,

North America

Canada

Mexico

Europe

France

Germany

Italy

Spain

Rest of Europe

Asia-Pacific

China

Japan

South Korea

India

Rest of Asia Pacific

South America

Mexico

Brazil

Argentina

Rest of South America

Middle East & Africa

GCC

South Africa

Rest of Middle East & Africa

Marketing Strategies Undertaken

The report encompasses a brief of the numerous tactics that are adopted by prominent stakeholders with respect to product marketing.

The sales channels which are adopted by manufacturers are also briefly mentioned in the report.

The distributors of these products in addition to an overview of the top-notch customers for the same are included in the study.

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Payment Software Market Global Market Synopsis, Future Scope, Top Key Players and Forecast - 2030

 

Payment Software Market 2021

A new statistical data titled as Payment Software Market has published by Absolute Markets Insights to its repository to get a comprehensive analysis of the Software sector. Effective data exploratory techniques such as primary and secondary research have been used by analysts for studies. This report examines the global Payment Software industries to get better insights for improving the performance of the companies. It is aggregated on the basis of different attributes such as applications, types, and end-users.

Payment software are increasingly being used by organizations as they not only allow them to receive payments but also assist in managing various aspects of their payment lifecycle. The software, which are not just payment gateways, allow efficient collection and management of payments and invoices. Global Payment software market was valued at USD 240 million in 2018 and is expected to exceed USD 510 million by 2030, growing at a CAGR of 7.5%. In the present scenario, North America holds the largest share of the market with the U.S. accounting for more than 80% of the regional market share. In coming years, emerging economies would witness entry of more number of players providing such payment solutions in an endeavor to expend their customer base.

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Major Key Players:

Some of the major players operating in the global payment software market are Bill.com, Century Business Solutions, EBizCharge, gotoBilling (OmniFund), MoonClerk, PaySimple, Payzer, LLC, PDCflow, Raklet, Recurly, Inc., Square, Inc., Stripe, Tipalti, and Worldpay, LLC among others.

Market Segmentation

By Industry 

Retail

Manufacturing

Healthcare

Others

By Organization Size 

Medium Enterprises

Large Enterprises

By Geography

North America

U.S.

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic

Denmark

 Finland

 Iceland

Norway

Sweden

Rest of Nordic

The Benelux Union

Belgium

the Netherlands

Luxemburg

Rest of Europe

Asia Pacific

China

Japan

India

Australia

New Zealand

Southeast Asia

Rest of Asia Pacific

Middle East and Africa

GCC Countries

Southern Africa

Rest of Middle East and Africa

Latin America

Brazil

Argentina

Rest of Latin America

.…

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Global Ductile Iron Pipe Market, Key Players, Opportunities, Segmentation and Forecast to 2030

 

Ductile Iron Pipe Market Overview

The Ductile Iron Pipes market was valued at US$ 849.67 Mn in 2017 and is expected to reach US$ 2,145.32 Mn by 2022.

Increase in usage of Ductile Iron Pipes in water distribution and irrigation is expected to propel the Ductile Iron Pipes Market during the forecast period. Ductile Iron Pipes are preferred over the traditional steel or plastic pipes. DN 700 - DN 1000 pipes are widely used to distribute drinking water from dams to urban areas. Inner coatings are essential for these pipes, as they are highly susceptible to corrosion. These pipes are also employed in mining applications and sewage water discharge pipes. DN 350 - DN 600 pipes are also largely used for drinking water supply and irrigation water supply.

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Top Key Venders of Market:

Some of the significant players functioning in the Ductile Iron Pipes market include Dura-Line Corporation, The Electrotherm Group, Inc., Electrosteel Steels Ltd., McWane, Inc., American Cast Iron Pipe Company, Jain Irrigation Systems Ltd, Jindal Saw Ltd., Ori-plast, RASHMI GROUP, Electrosteel Casting Limited, Tata Metaliks, Saint Gobain, Gamson India Private Limited, Jai Balaji Industries Limited, Sathavahana Ispat Limited and Srikalahasthi Pipes Limited among others.

Major Factors Considered in the Report:

• Global Ductile Iron Pipes Market Overview
• Economic Impact on Industry
• Market Competition by Manufacturers
• Production, Revenue (Value) by Region
• Supply (Production), Consumption, Export, Import by Regions
• Production, Revenue (Value), Price Trend by Type
• Market Analysis by Application
• Manufacturing Cost Analysis
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Market Effect Factors Analysis
• Global Ductile Iron Pipes Market Forecast

Market Segmentation

Market By Type

Water-Cooled Centrifugal Casting

Austempered Ductile Irons

 Ductile Iron Pipes Market By Application

Water Supply

Wastewater Treatment

Gas & Oil Supply

Mining

Ductile Iron Pipes Market By Region

North America

U.S.

Rest of North America

Europe

France

The UK

Spain

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Banking System Software Market : Industry Trends, Segments Analysis and Forecast – 2030

 Banking System Software Market 2021

Banking System Software is software that enables the connection between commercial banks and other modular software and interbank networks. To access the capital market, this software is used as an investment bank’s trading software. Recording and managing transactions for bank customers helps optimize their work in the bank’s back and front offices. Enables the bank’s need for system integration and maintains a core banking system.

Global Banking System Software market, in terms of revenue, is expected to cross US$ 32.70 billion by 2026. Mobile banking is on the rise as the number of smartphone owners with bank accounts increases. With the growth of mobile banking, banks focus on customer mobile transactions and provide a good opportunity for banks to gain a competitive advantage in the Banking System Software Market. As a result, the adoption of mobile banking has led to the worldwide market for banking system software.

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Major Key Players:

Profiling Key Players of Banking System Software Market - Millennium Information Solution Ltd., Strategic Information Technology Ltd., Aspekt, Automated Workflow Pvt. Ltd, Canopus EpaySuite, Cashbook, CoBIS Microfinance Software, Probanx Information Systems, Megasol Technologies, EBANQ Holdings BV, Infosys Limited, Kapowai, Crystal Clear Software Ltd., Infrasoft Technologies Ltd., Misys, Banking. Systems, ABBA d.o.o, SecurePaymentz, Tata Consultancy Services, TEMENOS Headquarters SA amongst others.

Market Segmentation

The global research report highlights:

• In-depth analysis of the Banking System Software Market
• Strategic planning methodologies
• Applicable and effective sales methodologies
• Detailed elaboration on drivers, restraints, and opportunities
• Analysis of different financial aspects
• Tracking of global opportunities
• Latest industry trends and developments

Different analysis tools such as SWOT analysis and Porter’s five analysis have been used in order to provide the accurate knowledge of Banking System Software Market. Graphical presentation techniques such as ample graph, tables, charts, and pictures have been used while curating the report. It has been curated in the precise and clear manner so that readers can understand dynamic aspects of the market effectively

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SaaS Security Market Regional Analysis, Key Players, New Opportunities and Forecast to 2030

 SaaS Security Market 2021

 

Increasing Adoption of SaaS Platforms by Small and Medium Enterprises Anticipated to Drive SaaS Security Market to Generate Revenues up to US$ 6895.25 Mn by 2022

Data is one of the most important assets for users which must be kept secured.  In SaaS scenario, the data resides in database, which is outside the boundary of the enterprise and depends on the provider for proper security measures. Since multi-tenancy through virtualization is a major feature for SaaS, SaaS security where an isolated environment for each user in which none of them can see each other’s data without permission is a requirement of the highest priority. SaaS security providers identify provider, tenant and enterprise controls, determine residual risk, and obtain business unit acceptance. They are also responsible to perform security reviews during the SaaS life cycle thus ensuring a secure SaaS platform. Data breaches have gained widespread attention as businesses of all sizes become increasingly reliant on digital data, cloud computing, and workforce mobility which is in turn driving the SaaS security market.

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Major Key Players:

Some of the key participants in global market are DriveLock SE, Cisco Systems, Inc., Proofpoint, Inc., SecureAuth, Credant Technologies (Dell Technologies), LogRhythm, Inc., Trustwave Holdings, Barracuda Networks Inc., Phantom Technologies LTD, Cyren, Watchguard Technologies, Trend Micro, CipherCloud, Gemalto NV, Symantec Corporation, CloudPassage Halo, McAfee LLC. (Intel Security Group), CA Technologies, IBM, Panda Security S.L. amongst others.

Key Findings of the Report:

The medium enterprises deploy cloud computing solutions as part of their overall business strategy, allowing them to focus on their core business. Organizations may turn to cloud computing services for data processing, storage and backup, to facilitate productivity, for accounting services, for communications, or for customer service and support. The increasing adoption of this cloud-based SaaS platform among medium enterprises is driving the adoption of SaaS security solutions in these organizations.

Market Segmentation

SaaS Security Market – By Type

Email Protection

Network Protection

Data Loss Prevention

Web Protection

Identity and Access Protection 

SaaS Security Market – By Enterprise Size

Small

Medium

Large 

Market By End User

BFSI

Healthcare

Government

Defense

Communication and Technology

Others

Market By Region

North America

U.S.

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Rest of Europe

Asia Pacific

China

Japan

India

Southeast Asia

Rest of Asia Pacific

Middle East and Africa

GCC Countries

Southern Africa

Rest of Middle East and Africa

Latin America

Brazil

Rest of Latin America

…

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Fiber Optic Cable Market 2021: Regional Analysis, Key Players, Segmentation and Forecast - 2030

 Fiber Optic Cable Market 2021

The informative report on the global Fiber Optic Cable Market has recently been published by Absolute Markets Insights to its comprehensive database which helps to make erudite business decisions. The report is an extensive source of information of various market attributes such as market size, growth, and shares. The detailed research report further also identifies some significant market segments while scrutinizing the market parameters.

Surge in connected devices such as wearables, smartphones, and tablets will drive the global fiber optic cable market. The global fiber optic cable market is estimated to reach a market value of US$ 6,783 million in 2019 and is forecast to reach US$ 10,140 million by 2030, growing at an estimated CAGR of 5.2% over the forecast period.

With rise in demand for Internet of Things (IoT) and subsequent rise in number of connected devices, data transmission has become important for the concerned users. According to the Ericsson mobility report, by the end of 2016, there were approximately 400 million IoT devices with cellphone connection. With increasing adoption of IoT technology coupled with concerned Fiber Optic Cable Market will generate huge incremental opportunity, over the forecast time period. 

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Major Key Players:

Key industry participants in the Fiber Optic Cable Market are Corning Incorporated, Sterlite Technologies Limited, Finolex Cables Limited, OFS Fitel, LLC, Prysmian Group, AFL, Optical Cable Corporation (OCC), Birla Furukawa Fiber Optics Limited, and Yangtze Optical Fiber and Cable Co., Ltd. (YOFC).

Key Findings of the Report:

Multimode market segment held more accounted for more than US$ 3.3 billion in 2018 and is estimated to witness robust growth over the forecast timeframe. The growth is attributed to its high quality and accuracy. Plastic optic fiber is projected to grow at highest growth rate. The high growth is due its adoption across varied industry verticals.

Telecom and Broadband market segment is expected to dominate during the study period, owing to growing adoption of technology in data transmission services. Moreover, increasing cloud based services such as video on demand & audio video services expected to stimulate Fiber Optic Cable Market growth.

In 2018, North America Fiber Optic Cable Market held the largest market share, accounting for nearly 30% of total global industry. Asia Pacific fiber optics cables market is expected to witness significant growth during the forecast period owing to rise in technological advancements in the region

Market Segmentation

Fiber Optic Cable Market By Type

Single Mode

Multimode

Plastic Optical Fiber

Fiber Optic Cable Market By Application

Cable Television

Military/Aerospace

Oil & Gas

Private Data Network

Telecom & Broadband

Utilities

Healthcare

Transportation

Others

Fiber Optic Cable Market By Geography

North America

U.S.

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Benelux Union

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Indonesia

Thailand

Malaysia

Singapore

Rest of Southeast Asia

Rest of Asia Pacific

Middle East and Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East & Africa

Latin America

Argentina

Brazil

Rest of Latin America

…

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Online Auction Market Statistics, Global Trends, Segment Analysis and Forecast to 2030

 

Online Auction Market 2021

Global Online Auction Market was valued at US$ 4071.9 Mn in 2019 and is anticipated to grow at a CAGR of 9.2% over the forecast period (2020 – 2028).

Brief and concise information on Online Auction Market has been published by Absolute Markets Insights. The report is especially designed to stimulate entrepreneurial sagacity. An overview of primary and secondary exploratory techniques are especially enlightening. Various economic attributes of businesses, draw attention to precise information on financial budget of several industries. The report also highlights distinctive application segments, thus enabling to understand potential sectors of the market.

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Top Key Venders of Market:

Some of the players operating in the Online Auction Market are A One Salasar Pvt. Ltd., ATG, Auction House UK, Auction Network, Biddingo.com, Catawiki, eBay Inc., Groupon, Goods Liquidation Auctions, John Pye & Sons., LiveAuctioneers, SDL Auctions Limited, The Auction Company, U.S. Auction Online, UKauctioneers.com and Wilsons Auctions amongst others.

Key Findings of the Report:

The rapid penetration of internet connectivity across developing countries along with increasing adoption of digital payment platforms is complimenting the growth of Online Auction Market.

Online auction of automotive showcased highest penetration in 2019. In the same year, the segment held about 29% share in the overall application segment of the global Online Auction Market. Transparency in car details and transactions has encouraged consumers to adopt the online platforms for auto car auctions. RM Sotheby's, an auto auction company confirmed that 91% of the automotive offered on their online auction platform were sold in 2020. 

The Covid-19 pandemic outbreak has encouraged substantial shift of conventional auction companies to online platforms, enhancing the growth of Online Auction Market. 

Increasing penetration of smartphones among users along with the reach of internet connectivity is anticipated to accelerate the growth of application based segment in the Online Auction Market over the forecast period. .

Asia Pacific region is expected to register highest CAGR of 10.2% over the period of next eight years.

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The detailed research study provides qualitative and quantitative analysis of Online Auction Market. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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