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Automotive Lighting Market is Expected to Reach $33.7 Billion, Globally, by 2020 – Allied Market Research
According to a new report by Allied Market Research titled, “Automotive Lighting Market“.The global automotive lighting market is expected to reach$33.7 billion by 2020, registering a CAGR of 6.7% during 2015-2020. Automotive lighting industry is witnessing a steady growth on account of growing automotive production across the world. The growing emphasis on vehicle safety and government regulations regarding automotive lighting systems, are contributing to the market growth. Additionally, increasing disposable income of people is supporting the demand of aesthetic looks for vehicles, which in turn, is creating the demand for advanced lighting solutions.
According to a new report published by Allied Market Research titled”Air Freshener Market“.The world air freshener market is estimated to garner $11.04 billion by 2020, registering a CAGR of 2.8% during the forecast period, 20152020. Globally, Europe was the leading market in 2014, with about 36% of the market share, followed by North America. Asia-Pacific is anticipated to exhibit the fastest growth, registering a CAGR of 4.5% during the forecast period.
According to a new report published by Allied Market Research titled”Baby Monitor Market“.The global baby monitor market is expected to grow at a CAGR of 8.5% during forecast period of 20152020. In 2014, the North America accounted for the largest share of about 62.3%, owing to higher per-capita spending on baby care products and prevalence of nuclear family culture. However, emerging countries in Asia such as China and India, would witness increasing demand for baby monitors during the forecast period, owing to increasing awareness, the rising number of employed parents and growing disposable income.
World Software Defined Networking (SDN) Market is Expected to Reach $132.9 Billion by 2022 – Allied Market Research
According to a new report published by Allied Market Research titled, “World Software Defined Networking Market,” the world software defined networking (SDN) market is expected to reach $132.9 billion by 2022, growing at a CAGR of 47% from 2016 to 2022. The growing need for efficient management of data traffic and centralized control of networks has encouraged communication providers to adopt SDN. Implementation of SDN has increased significantly across industries owing to the network complexities, cost and time efficiency, and flexibility in network infrastructure.
Smart portable devices have been at the center of most development activities in near field communication market.
After a year and half since the announcement of Apple Pay, it is worth taking a look at net change executed. An individual survey released in November 2015 by Info Scout, tracked Apple Pay eligible transactions over a year. The resulting figure landed up being less than the approximated 5%. It is noticed that even with consumers being equipped with the device, the usage remained limited. The pre-installed near field communication device cost not a penny extra and payment did not include any extra efforts. Instead, the process was much simpler and time convenient. Despite major retail joints readily accepting NFC enabled mobile wallets, the physical absence of suitable check out points at the store is still an issue.
According to the new report by Allied Market Research, titled “Global Cloud Services Market (Services, Type, End User and Geography) – Global Analysis, Industry Growth, Trends, Size, Share, Opportunities and Forecast,2013-2020″, the global cloud services market is expected to grow at a CAGR of 17.6% from 2014 to 2020, reaching a market size of$555 billionin 2020. In 2014, the overall cloud services market revenue will reach$209.9 billion, led by public cloud services. The community cloud services segment is gaining momentum and is expected to garner revenue of$1 billionthis year, thanks to its adoption in healthcare segment.
World Water Treatment Chemicals Market is Expected to Reach $31.7 Billion by 2022 – Allied Market Research
According to a new report by Allied Market Research, titled, “World Water Treatment Chemicals Market – Opportunities and Forecasts, 2015 – 2022”, the water treatment chemicals market would reach $31.7 billion by 2022, registering a CAGR of 4.5% during 2016 and 2022. The corrosion inhibitors segment held about two-ninth of the total market in 2015. North America and Europe collectively accounted for about half of the market share in the same year.
The chemicals used to purify water and prevent corrosion of the treatment equipment are termed as water & wastewater treatment chemicals. The global demand for water & wastewater treatment chemicals has gained traction owing to stringent government regulations for the use of contaminated water and discharge from industries & municipalities. Other factors that drive the water treatment chemicals market include, increase in water dependence of industries and awareness to purify domestic water. However, factors expected to hamper the market growth include, adoption of treatment processes such as UV radiation and membrane technology.