Knowledge Sourcing Intelligence Blog

The global mobile location analytics market was valued at US$5.501 billion in 2017 and is projected to grow at a CAGR of    22.04%    over the forecast period to reach US$18.171 billion by 2023. Mobile location analytics is one of the types of customer intelligence used for tracking smartphones and other internet capable computing devices. The growing smartphone penetration coupled with the increasing demand for mobile location insights , and technological advancements are the major drivers  that will  driv e the growth of the global mobile location analytics market  over the forecast period.                             Growing digitalization and the rising investments in the communication industry will further provide an opportunity for the growth of the global mobile location analytics market in the coming years and beyond. However, there are concerns regarding consumer privacy which may hamper the market growth during the forecast period.  Global Mobile Location

The examination glove market is projected to grow at a CAGR of  over 11% during the forecast period of 2018 to 2023 . The major factors responsible for driving the demand for examination gloves are  the  ageing population, increasing healthcare investment and rising health concerns in developing countries.   An i ncreasing number of consultations coupled with a rise in  total number of healthcare professionals will further add to the growing demand for these gloves. It is anticipated that the demand for non-powdered gloves and synthetic gloves will witness impressive growth in the coming years. The growing demand for specialized nursing care for patient comfort presents a market opportunity for examination glove manufacturers.                               Geographically, the  examination glove market has been segmented as North America, South America, Europe, Middle East and Africa and Asia Pacific. The Asia Pacific region held a significant market share owing to the popu

The  Netherlands colocation market is projected to witness a compound annual growth rate of 16.90% during the forecast period, reaching a total market size of US$7.321 billion in 2023 from US$2.869 billion in 2017. Netherlands is one of the most advanced markets for data center operation in Europe, and the country is also one of the top users of cloud computing services in the region. Increasing adoption of big data analytics across different industry verticals is expected to increase the demand for colocation during the forecast period.                  In addition, use of cloud computing service by the individuals in the country has increased from 31% in 2014 to 46% in 2017 (Source: Statistics Netherlands), with majority of them using storage services for storing images and text documents with the proportion increasing from 87% to 90% and 58% to 59% from 2015 to 2017 respectively. Thus, the continuous increase in the number of individuals using colocation services along with

Industrial  safety market is  projected to expand at a  CAGR of 8.13% to reach a market size of US$5.663 billion by 2022, from US$3.831 billion in 2017 .   Industrial safety is referred to the managing of all the events and operations within an industry to protect its employees and machinery by reducing the hazards, risks, and/or near misses. This is being supervised by the federal, state and local laws and regulations which cover a variety of aspects considering the safety of the industry personnel and equipment in the industry. All industries are required to comply with these rules and regulations in order to carry out safe operations and provide a safe working environment for the workers.  OSHA is a primary regulatory body in the United States and is responsible for maintaining safety within an industrial environment. Similarly, the Ministry of  Labour & Employment in India has set certain rules and Acts for maintaining industrial health and safety. This includes the Fact

Walk-In refrigerators are very large, insulated, enclosed spaces, used to store frozen foods and other perishable goods. They operate above 0 degree Celsius, and at or below 13 degree Celsius and are primarily used in food service and food sales industry.  Rising urbanization and modern lifestyle are the factors that are leading to an increased number of restaurants, bars and grocery stores. According to Statistics Canada, the total food services and drinking places has increased from $5,598,518 in 2017 to $6,103,740 in 2018. Therefore, growing food service industry is playing an important role in the growing demand for walk-in refrigerators as they boost stock longevity, preserves stock through even temperature control and provide ample space.  These refrigerators are increasingly being used in healthcare facilities so as to store vaccines and medicines for a longer time. Thus, rising number of vaccinations are expected to augment the demand for walk-in refrigerators in healthcar

The Sweden software as a service (SaaS) market is projected to grow at a CAGR of XX.XX% during the forecast period 2017-2023.  Sweden has been observing a rapid adoption of software as a service (SaaS) solutions among the businesses in recent years, which can be inferred from the fact that the construction of data centers in the country has seen a significant increase in the past couple of years.  Moreover, the prevalence of an ideal business environment is leading to rising number of start-ups in the country, despite the scenario of per-capita expenditure by the government on its citizens being high.  Furthermore, the IT expenditure by different industry verticals in order to remain competitive in the global market is increasing steadily, thus, providing further revenue generation opportunities for the SaaS providers.  Sample View of Sweden software as a service (SaaS) market US$ Million 2017 to 2023 Sweden Software as a Service (SaaS)  Market Share By Enterprise Size :

  Global hospital supplies market is projected to witness the growth at a CAGR of 10.13% during the forecast period to reach a total market size of US$65.195 billion by 2022, increasing from US$40.252 billion in 2017.This development is to a great extent driven by expanding number of social insurance focuses and centers over the world. The improving social insurance models, mounting worry over human wellbeing and expanding spending limit of individuals is driving the interest for better medicinal services offices, while thus is boosting the emergency clinic supplies showcase development. Also, the quickly developing older populace, particularly in European nations is further supplementing the market development with bigger number of geriatric individuals inclined to medical problems.  Another key factor is ideal government and industry guidelines being ordered because of developing mindfulness as for emergency clinic obtained contaminations prompting the presentation of rules for d

The global drug delivery market is projected to grow at a CAGR of 7.93% to reach US$1,058.792 billion by 2024, from US$669.691 billion in 2018. The market demand for drug delivery devices is fueling owing to the requirement of development of technologies/devices/systems for the controlled and targeted release of drugs into the human body. The growing geriatric population, prevalence of chronic diseases worldwide, rising health expenditure, and growing pharmaceutical industry are the major market drivers of the market. Types of drug delivery devices include inhalation drug delivery devices, inject-able drug delivery systems, nasal drug delivery, oral drug delivery, and trans-dermal drug delivery. These are available in the form of patches, oral pills, nasal sprays, and implantable drug delivery devices among others. Furthermore, growing investments in research and development will provide more opportunities for the market growth during the forecast period and beyond. Global Drug D

The  global polyurethane market is projected to grow at a CAGR of 6.16% during the forecast period, to reach a market size of US$84.055 billion in 2024, from US$58.732 billion in 2018. Polyurethane is a polymer joined by carbamate links. They are available in multiple forms and are used for many applications across different industry verticals such as construction, automotive, furnishing, electronics, and more. The demand for polyurethane will rise with the increasing construction and manufacturing activities around the globe. Furthermore, the growing automotive and electronics industry will further escalate the market growth in the coming years. However, the fluctuating prices of raw materials and the multiple health hazards present posed by the polyurethane is anticipated to impact the growth of the the market during the forecast period. The North American region holds a substantial share in the market owing to the high adoption of the advanced materials.  Gl obal Polyurethane Ma

The global therapeutic laser market is projected to grow at a CAGR of 8.02% to reach US$165.769 billion by 2024, from US$104.361 billion in 2018. The market demand therapeutic lasers are fueling owing to the growing geriatric population, and growing cancer incidences worldwide. Furthermore, the growing adoption of minimally invasive surgeries is driving market growth during the forecast period. Moreover, rising disposable income and rising health expenditure will provide an opportunity for market growth during the forecast period and beyond. However, strict regulatory procedures regarding the development and approval of medical devices may restrain the growth of the global therapeutic laser market during the forecast period. Region-wise, North America is expected to hold a significant market share due to the early adoption of technology, and the health expenditure of the United States is the highest among all the developed countries. The health spending in the Uni