Techno Geeks TMR

 The global sustainable packaging market is likely to gather momentum from its growing popularity and awareness about sustainable packaging methods. Sustainable packaging has lately gained high importance for both consumers and brands alike.  Sustainable packaging  is also known as green packaging, which refers to the utilization of sustainable manufacturing methods and materials for the packaging of various products. It makes use of plant-based and biodegradable plastics together with used polyethylene bags and recycled molded packaging bags to make different products. In comparison to traditional methods, wherein synthetic materials used leave considerable carbon footprint in the environment, sustainable packaging helps to support ecological and human health in the end. The procedure of green packaging comprises ways that restrict the total amount of emissions and waste produced through the manufacturing process. Some of the prominent market vendors that have been ...

  Online Education Market: Overview The online education market may usher in the golden era of growth across the forecast period of 2019-2028 owing to the dynamically changing equations of the mode of education due to the COVID-19 outbreak. The horrendous pandemic brought the world to a standstill and is creating havoc around the globe. All businesses and educational institutions are closed to flatten the curve of the new coronavirus transmission. Even if business organizations and manufacturing units are opening up, educational institutes may not open for a while as children are more vulnerable to the deadly coronavirus. Online education has emerged as a knight in shining armor in these unprecedented times. Educational institutions across the world are shifting toward online learning to avoid breaking the chain of education while breaking the chain of the transmission. Teachers are instructed to conduct online classes for all students. According to the World Health Organization, o...

  Video Conferencing Market: Introduction Video conferencing refers to conducting a conference using telecommunication technologies to enable real-time two-way transmission of audio and video. Increasing globalization is encouraging most organizations to shift to conference meetings to enable faster decisions and reduce traveling hassles. In the corporate enterprise sector, video conferencing is predominantly used to enable effective real-time communication over long distances at minimal cost and time, and enhance productivity between teams based in different locations worldwide. Additionally, it saves travel expenses and addresses customer queries. The global  video conferencing market  is anticipated to expand at a CAGR of ~ 9%  during the forecast period, and was valued at approximately ~ US$ 6 Bn  in  2019. Key Drivers of Video Conferencing Market The video conferencing market is witnessing noticeable growth, owing to the rising adoption of cloud-based ...

 The global  elevators and escalators market  is forecasted to witness healthy growth in the coming years, according to a Transparency Market Research (TMR) report. The market’s competitive landscape comprises of numerous players, with high levels of competition among the vendors. Players in the global elevators and escalators market compete on the basis of services and pricing. The delivery of high quality products and best in class services is a key strategy that vendors are expected to take up in order to gain traction the market. The deployment of innovative technologies, novel products, and best practices will help vendors achieve greater market shares. Players in the global elevators and escalators market are expected to adopt several organic and inorganic growth strategies. Among them, partnerships, collaborations, and mergers and acquisitions are anticipated to emerge as popular methods capitalized on by vendors. Being at supports swift growth, vendors are expecte...

 According to a new market report published by Transparency Market Research (titled  “Elevator Market ( Deck Type –Single Deck and Double Deck; Destination Control – Smart and Conventional; Building Height – Low Rise, Mid Rise, High Rise; End-use – Residential, Commercial, Mix Block; Speed – Less than 1m/s, Between 1 to 3 m/s, Between 4 to 6 m/s, Between 7 to 10 m/s, Above 10m/s; Application – Passengers, Freight)  – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,”  the global elevator market was valued at US$ 59.26 Bn in 2017 and is expected to reach US$ 151.26 Bn in terms of revenue by 2026, expanding at a CAGR of 11.1% from 2018 to 2026. In terms of volume, the market stood at around 773.8 Thousand Units in 2017. Asia Pacific is projected to show the fastest growth rate during the forecast period due to the increase in number of high rise buildings and rapid urbanization. The increasing demand for skyscrapers in the cities of Asia...

 industrial units is opening vistas for growth in the wire and cable market. According to data published by the United Nations Organization, in 2016, approximately 54.5% population globally lived in urban settlements, and by 2030, 60% of the global population is estimated to live in urban areas. This will lead to massive construction of residential buildings to indirectly influence the demand for wires and cables. Growth of the transport industry also favors the wire and cable market. Various mode of transportation such as bus, train, and car make use of several wires such as clutch wires, brake wire, accelerator wire, and gear wire that are necessary for functioning of modes of transportation. Rising demand for luxury passenger vehicles and autonomous driving vehicles for added safety, comfort, and status statement is resulting in advancements in the wire and cable market. These vehicles feature reliable and fast transmission of large volumes of data between sensors, control units...

  Elevator & Escalator Market: Introduction Transparency Market Research delivers key insights on the global elevator & escalator market. In terms of revenue, the global  elevator & escalator market  is estimated to expand at a CAGR of over ~ 7%  during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global elevator & escalator market report. In the report, TMR predicts that the global elevator & escalator market would be largely driven by factors such as increasing number of high-rise buildings in developing economies. Moreover, innovation in technology and design of elevators & escalators is expected to boost their demand in the coming years. According to the elevator & escalator market report, the maintenance & repair segment is expected to dominate the global elevator & escalator market and expand at a rapid rate during the forecast period. Large installed base of...

  Unmanned Ground Vehicle Market – Overview Unmanned ground vehicles can be maneuvered without the presence of a human inside the cabin of these vehicles to drive or assist them. Moreover, these vehicles are utilized for commercial purposes in various industries such as logistics, defense, and entertainment industry. The unmanned ground vehicle market is projected to expand significantly during the forecast period owing to its rising application in various industries. Unmanned vehicles do not require continuous involvement of man power, thus reducing operating cost for the organization that owns the vehicle, resulting in higher profit margins. Most unmanned vehicles are integrated with advanced driving assistance systems that enhance the safety features of these vehicles in order to avoid accidents. Furthermore, rise in preference for the application of unmanned vehicles in defense, entertainment, and logistics industries is a key factor that is estimated to drive the market during...

 Competition among the players operating in the global  enterprise collaboration service market  is likely to increase considerably. Entry of new players is further expected to increase competition among the players. Leading players are engaged in research and development activities and are also focusing on using various organic and inorganic business development strategies. Top few players are engaged in partnership, collaboration, and mergers and acquisition to get a firm hold in the market. The prominent players in the market include Polycom, Inc., Cisco System Inc., IBM Corporation, HP Corporation, Nokia Network, Polycom, Inc., and Mitel Networks Corporation.   According to Transparency Market Research,   the global enterprise collaboration service market is expected to reach US$56.51 bn by the end of 2024. In 2015, the market earned US$23.38 bn. To reach this valuation the market needs to progress at steady 10.3% CAGR between 2016 and 2024. Based on so...

 The  global 3D animation market  is prognosticated in a report by Transparency Market Research (TMR) to witness a massive influx of new players attracted to remunerative opportunities available. With a view to enjoy the advantage of skilled and cost-effective labor and take the edge off challenges related to in-house research and development, a significant count of players are expected to involve themselves in mergers and acquisitions. For instance, Solid Angle S.L. was acquired by Autodesk in April 2016. The market marks the presence of top players such as Adobe Systems Inc., Nemetschek SE, and Autodesk Inc. TMR envisages the global 3D animation market to be worth a US$26.8 bn by the end of 2022 while rising at a 14.5% CAGR during the forecast tenure 2017-2022. In 2017, the market was valued at a US$13.6 bn. By hardware, it could be led by video cards and graphics processing unit (GPU), which accounted for a 35.7% share in 2017. Regionally, North America is anticipated ...

  Global Cryptocurrency Market: Snapshot Cryptocurrency is the type of the virtual currency that is used as a medium of exchange in numerous transactions. Transactions through cryptocurrency are much secured and control the creation of additional units. These transactions are observed and verify the transfer of the assets.  These currencies use decentralized control as it was facing opposition to be centralized digital currency and central banking systems. Advances in technological developments have led to the advent of novel virtual currency exchange methods. Cryptocurrency is one of them. Thus, the rapid growth of cryptocurrency as a convenient means of virtual currency exchange may bring tremendous growth prospects. The spiraling popularity of digital assets like Ethereum and Bitcoin has added significantly to the growth of the cryptocurrency market. Many countries and regions have adopted cryptocurrency as a legitimate means of currency exchange. Thus, this aspect may turn...

 According to a new market report published by Transparency Market Research entitled  “Enterprise Content Management Market [(By Component (Software and Services); By Enterprise Size (Small & Medium Enterprises (SMEs) and Large Enterprises); By Solution (Document Management,   Content Management, Case Management, Workflow management, Record Management, Digital Asset Management, Ediscovery and others); Industry (BFSI, Education, Government & Public, Healthcare,   Manufacturing, Media & Entertainment, Retail, Telecom & IT, and Others)] :– Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 – 2030”  the global enterprise content management was worth  US$ 11,927.9 Mn  in  2019  and is expected to reach  US$ 29,419.1 Mn  by  2030 , expanding at a CAGR of  8.5%  from  2020  to  2030 . North America was holding the largest market share for  enterprise content mana...