Eye Tracking Market Overview

The Eye tracking Market is forecast to reach $2 billion by 2025, growing at a CAGR of 28% during the forecast period 2020-2025. Eye tracking products are witnessing significant adoption from augmented reality (AR) and virtual reality (VR) applications. The global revenues for AR and VR are set to increase by 100% in the next five years. According to the International Data Corporation (IDC), the total spending on AR and VR in 2017 was $11.4 billion which is anticipated to increase to $215 billion by 2021. Similarly, the rapidly increasing demand for eye-tracking technology is attributed to its extensive use in infant and child research, education and e-Sports, and others. Major companies like Dell, Acer, and MSI have started integrating eye-tracking technologies in notebooks and monitors to enhance the experience for eSports viewers.
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Eye Tracking Market Report Coverage

The report: “Eye Tracking Market – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Eye Tracking Market.By Type: Remote Eye Tracker, Mobile Eye Tracker By Offering: Hardware Software, Research and Consulting ServicesBy Application: Medical Diagnostics, Human-Computer Interaction, Research, Virtual Reality, OthersBy Industry: Marketing, Healthcare, Transportation, Communication, Entertainment, Others By Geography: North America, Europe, APAC, RoW

Key Takeaways

• The eye tracking market is estimated to grow at a CAGR of 28% during the forecast period. The steady growth of the market can be attributed to increasing demand for point of gaze-based interaction by industries. 
• According to the National Alliance of Mental Illness, one out of 25 adults (which is summed up to be 11.2 million persons) experiences serious mental illnesses, which is anticipated to drive the market, as eye tracking techniques are used for identification of biometrics and diagnosis of a number of mental disorders. 
• North America has the largest market for eye tracking, accounting for a share of 28%. This rapid growth can be attributed to increasing instances of severe mental disorders in the U.S. and Canada, which is further increasing demand for eye tracking as this method is used for diagnosis of severe mental disorders.

Eye Tracking Market Segment Analysis – By Type of Eye Tracking 

Remote eye tracking, commonly known as screen-based eye tracking, is one of the most appropriate methods for measuring point of gaze. The technique widely serves the purpose of point of gaze-based interactions in a number of industries such as healthcare, transportation, communication, and others. The healthcare industry is majorly contributing towards growth of the eye tracking market, mostly due to the increasing use of remote eye tracking to identify biometrics and to recognize surgical anatomy. Moreover, remote eye tracking is also used for ophthalmic research to detect the physiology of the patient’s eye movement, which is anticipated to drive growth of the eye tracking market. Furthermore, remote eye tracking is increasingly being used for commercial applications which include usability of website, creation of the stimulator and system augmented reality and others, which is anticipated to fuel growth of the market during the forecast period.  

Eye Tracking Market Segment Analysis – By Industry

The ever-increasing popularity of eye tracking techniques is attributed to technological advancements via artificial intelligence, virtual reality and augmented reality. In the healthcare industry, virtual reality coupled with eye tracking is increasingly being used to track body movement, which is driving growth of the eye tracking market. The extensive use of eye tracking processes has certainly contributed to availability of affordable, easy-to-use and high-precision medical devices such as CNC machines and others which offer improved accuracy and stability. According to the National Alliance on Mental Illness, one out of five adults in the U.S., totaling 46.6 million, experiences mental illness, and of this 1.1% live with schizophrenia and 2.6% live with bipolar disorders. Eye tracking tools are increasingly being used for diagnosis of these severe psychological disorders, which is further anticipated to fuel growth of the market. Demand for eye tracking technology in the healthcare sector is estimated to grow at a CAGR of 35%, which is anticipated to propel growth of the eye tracking market during the forecast period.
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Eye Tracking Market Segment Analysis – By Geography 

North America is the largest market for eye tracking, and accounted for a market share of 28% in the year 2018. Rising innovations and technological advancements in the U.S. automotive industry has increased opportunities for eye tracking systems in this region. According to OICA, in 2017, total car production in the U.S. was 2.79 million. The high production is anticipated to drive the eye tracking market as the technology is extensively being used in cars for ensuring safety of the driver, by preventing distractions and in reducing the possibilities of road accidents.    

Eye Tracking Market Drivers

Adoption of eye-tracking technology in mobile phones:

Radically growing ubiquity of mobile phones is the biggest growth driver for the eye tracker market. Mobile phones, such as iPhone X and Xiaomi Mi8, are equipped with depth sensing cameras further integrated with 3D eye tracking technology. Eye tracking is also being used as a tool for unlocking the phone using retina or face scan. In addition to these, adoption of 3D technology in smartphones will provide growing opportunities for eye tracking in the near future.

Rise in advancements in the medical field: 

Eye tracking technology is being incorporated in the medical field for improving existing clinical methods for screening and diagnosis. According to Autism Speaks, a U.S.-based autism advocacy organization, about 31% of children were reported to be suffering from Autism Spectral Disorder (ASD), in 2018, which is anticipated to fuel growth of the eye tracking market. This is because eye tracking, in combination with biometric sensors, tracks eye movement of the patient and helps in diagnosing diseases such as ASD, schizophrenia and others. Many investigators and researchers have started using eye-tracking technology for conducting patient safety studies. According to IQVIA, in 2018, the total number of patients reported to be suffering from neuromuscular disorders were estimated to be 250,000 in the U.S. For such disorders, eye tracking technology can be utilized to communicate with patients, and this is further anticipated to boost growth of the eye tracking market.

Market Landscape

In 2018, the market for eye tracking was analyzed to be consolidated with the top five players accounting for 60% of market share. Major players in the eye tracking market include Eyetracking, Inc., LC Technologies, Inc., AdHawk Microsystems Inc., Tobii AB, and RightEye LLC. Partnerships and acquisitions along with product developments and up gradations are key strategies being adopted by players in the eye tracking market.

Partnerships/Mergers/Acquisitions

In 2018, Tobii AB launched the latest versions of Glasses 2 spectacles for applications such as sports and for the workplace. Recently, Tobii announced the development of a software development kit (SDK) that can be used for XR (AR/VR) applications. The launch of SDK provides tools that makes it easy for developers to integrate eye tracking for enhancing the user experience.  
The acquisition of eye tracking startups by major companies such as Facebook and Google in 2017 for improving mobile experience and the capability of VR devices will further propel the eye tracking market.

R&D Work:

In 2017, AdHawk Microsystems announced a funding of $4.6m for integrating its microscopic eye-tracking technology with virtual reality and augmented reality headsets. In 2019, Swiss deep tech startup Eyeware raised a funding of $1.9m led by High-Tech Grunderfonds (HTGF), TRUMPF Venture GmbH, Swiss Startup Group AG and Zurich Kantonalbank. The funding will be used to make 3D eye tracking development kit ready for integration with consumer application. 
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Eye Tracking Market Research Scope: 

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the Eye Tracking market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.

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Sheet Molding & Bulk Molding Compounds Market Overview:Global Sheet Molding & Bulk Molding Compounds Market is anticipated to reach $3.2 billion by 2020.  Sheet Molding Compounds are fiber reinforced polyester or vinylester materials. These are manufactured by the dispersion of long strands of chopped fiber (glass fibers or carbon fibers) on a bath of thermoset resin (polyester resin or vinyl ester resin or epoxy resin). Sheet Molding Compounds are compression molding compounds which are often used in the parts where higher mechanical strength is needed. Sheet Molding Compounds are a mixture of polymer resins, inert fillers, fiber reinforcements, catalysts, pigments and stabilizers, release agents, and thickeners. These possess strong dielectric properties. Bulk Molding Compounds are highly filled and reinforced with short fibers. Bulk molding compounds are glass-fiber reinforced thermoset polyester or vinylester materials. Bulk Molding Compounds are produced by mixing strands of chopped glass fibers with a thermoset resin (polyester resin or vinyl ester resin or epoxy resin). They are a thermoset plastic resin blends of various inert fillers, fiber reinforcements, catalysts, stabilizers, and pigments.
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Sheet Molding & Bulk Molding Compounds Market Outlook:Sheet Molding & Bulk Molding Compounds are used in many end-user industries. In the automotive industry, Sheet-molding compounds are used in hoods, deck-lids, bonnets and front ends. Bulk-molding compounds are used in ignition parts, headlight liners and valve covers. They are of glass fiber type and carbon fiber type. Increase in the demand for fuel-efficient vehicles is also the main factor for the growth of the Sheet Molding & Bulk Molding Compounds Market. These have good corrosion resistance, high rigidity, good fire & flame resistance, good electrical insulation. 
Sheet Molding & Bulk Molding Compounds Market report comprises of pricing analysis for different grades of Sheet Molding & Bulk Molding Compounds used. The price of Sheet Molding Compounds is expected to reach $900 per ton and the price of Bulk Molding Compounds is expected to reach around $700 per ton by 2022.  Sheet Molding & Bulk Molding Compounds Market Growth Drivers: One of the major factors boosting the Sheet Molding & Bulk Molding Market is the usage of these materials in the transportation industry owing to their lightweight and good mechanical properties. The increase in the urbanization is also driving the global market. 
Sheet Molding & Bulk Molding Compounds Market Challenges: One of the main challenges in this market is the fluctuation of the prices of raw materials. The main raw materials for the production of sheet molding and bulk molding compounds are the polyester resin and vinyl ester resin. Any change in these raw materials’ prices will affect the total supply chain of the industries. 

Sheet Molding & Bulk Molding Compounds Market Research Scope:The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Sheet Molding & Bulk Molding Compounds market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Sheet Molding & Bulk Molding Compounds market and their specific applications in different types of vehicles.
Sheet Molding & Bulk Molding Compounds Market Report: Industry Coverage
Types of Sheet Molding & Bulk Molding Compounds: Glass Fiber or Carbon Fiber reinforced with polyester or epoxy or vinylester resin. 
Applications of Sheet Molding & Bulk Molding Compounds: These are mainly used in injection molding and compression molding. Sheet molding & bulk molding compounds have various properties like strong di-electric properties, good corrosion resistance, high rigidity and good flame resistance. Owing to these properties, they are used in various end-user industries like transportation, aerospace, electrical & electronics, home appliances and construction industry. 
The Sheet Molding & Bulk Molding Compounds market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

• North America: The U.S., Canada, Mexico
• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
• Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
• The Middle East and Africa: Israel, South Africa, Saudi Arabia
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Sheet Molding & Bulk Molding Compounds Market Key Players Perspective:Some of the key players mentioned in this report are DI Composites International, Menzolit, Continental Structural Plastics, Core Molding Technologies, Koninklijke Ten Cate BV., Citadel Plastics Holding Inc., and Showa Denko K.K. among others.
Sheet Molding & Bulk Molding Compounds Market Trends:

• According to the Americal Association for Cancer Research, treatment combining the Sheet Molding & Bulk Molding Compounds and a short-term romidepsin will lead to a decrease in the mitochondrial hexokinase 2 and apoptosis in the cancer cells. This research is paving a path for the usage of Sheet Molding & Bulk Molding Compounds also in the cancer treatment. 
• In a new research done by the Federal University of São Paulo, São Paulo, Brazil, Sheet Molding & Bulk Molding Compounds was proven highly effective against feline Sporothrix brasiliensis isolates when compared to the Itraconazole. As Sheet Molding & Bulk Molding Compounds have a strong activity against feline S. brasiliensis isolates, this suggests that Sheet Molding & Bulk Molding Compounds is potentially a new replacement drug for the treatment of feline sporotrichosis. 
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• In another research by the Silpakorn University, Thailand, new micelles have been developed using Sheet Molding & Bulk Molding Compounds loaded N-naphthyl-N, O-succinyl chitosan (NSCS) which is used as an alternative for oral candidiasis treatment. 
• January 2017: Bayer Animal Health had acquired the Cydectin in the US from Boehringer Ingelheim Vetmedica Inc. This acquisition intends to strengthen the antiparasitics portfolio in the US along with the endectocides. 
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Chloralkali Market Overview:

According to the International Trade Center (ITC), the global trade value of chlorine was estimated to be $180.543 million in 2018, and the value is observing a consistent growth of 1% (and 3% in volume) each year since 2014.[1] Chlorine is obtained by electrolysis of chloralkali, predominantly the electrolysis of sodium chloride solutions or brine. Thus, the augmented trade and demand for chlorine across the globe is significantly supporting the chloralkali market that was valued to be $91.126 billion as of 2018, and the application of Chloralkali in various industries is poised to witness a CAGR of 5.65% during the forecast period of 2019-2025.

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The chemical industry is booming in countries of APAC such as India, China, Japan, and Korea. Furthermore, glass, alumina, vinyl, and water treatment sectors registered a growth in APAC, which is leading to an increased demand for chloralkali, due to its wide applications. The use of derivatives of chloralkali such as polyvinyl chloride plastics in advanced infrastructure solutions is further boosting the revenue generated in the APAC chloralkali market. In 2018, APAC had the maximum chloralkali market share of 5.65%.

Chloralkali Market Outlook:

Chloralkali processes involve use of chloralkali asbestos that is treated in a variety of electrolytic cells that include membrane cell, diaphragm cell, and mercury cell. The chemical has a broad range of applications such as the production of alumina, EDC/PVC, and organic & inorganic chemicals. It is also used in pulp & paper and water treatment industry.

Food and pulp & paper industries are the lucrative application segment of chloralkali. While caustic soda market leverages the demand from pulp & paper industry, the soda ash segment of the chloralkali market thrives on demand influx generated in the food & beverages industry. The application of chloralkali in the food and pulp & paper industries is projected to increase at a CAGR of 6.13% through to 2025.

Chloralkali Market Growth Drivers:

· The Demand Influx from the Soaps & Detergents Industry –

The growth prospects for the chloralkali market in the soaps & detergents industry can be measured by surfactants market with market size of $35.426 billion in 2018. Furthermore, the demand for surfactants is estimated to observe a CAGR of 5.38% over the forecast period of 2019-2025. Chloralkalis are used in the production of soaps & detergents. So, the soaps & detergents industry growth is boosting the demand for chloralkali or caustic soda, which is reflected in the growth prospects in the chloralkali market.

· The Application in the Water Treatment Industry –

There is an increasing requirement for the incorporation of water treatment plants in the chemical industries due to the environmental regulations by government worldwide. The water treatment industry offer opportunities for the vendors in the water treatment chemicals market. Chloralkali is majorly used for water neutralization, in case of low pH value. Chloralkalis such as sodium hydroxide raise the pH value of water and neutralize it without causing any hardness in the water. Increase in the number of water treatment plants is boosting the chloralkali market.

· Booming Polyvinyl Chloride (PVC) Market Creating Opportunities –

The PVC market is booming due to its various applications in manufacturing of PVC resins, PVC stabilizers, and PVC pipes. Chloralkali is used in manufacturing of PVC, the trade value of polymers of vinyl chloride and other halogenated olefins was accounted to be $20.48 billion in 2018, according to ITC.[2] A substantial part of this trade value was attributed to PVC trade, which had created opportunities in the chloralkali market.

Chloralkali Market Market Trends:

·      Latest Development – Originally, the chloralkali process uses asbestos, mercury or fluorine-containing ion-exchange membranes. Recently, the chloralkali market has witnessed an innovation in which the process can be executed in a clean and membrane-free chloralkali process with decoupled Cl2 and H2/NaOH production.

·      In September 2018, AGC announced that the organization will increase its production capacity of chloralkali and polyvinyl chloride (PVC) in Southeast Asia. This expansion is much attributed to the augmented demand for chlor-alkali in APAC countries such as Indonesia, Thailand, and Vietnam.

Chloralkali Market Market Dynamics:

·         In February 2019, Grasim Industries – An Aditya Birla Group Company acquired the chloralkali business of KPR industries for a sum of $36m in order to position the company in the chloralkali market.

·         In July 2018, AkzoNobel planned to upgrade its Rotterdam chloralkali plant and include a new production line due to an increase in demand for chlorine and caustic soda. The plant currently produces 630,000 tons/year of chlorine.

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Chloralkali Market Challenges –

The biggest constraint in the chloralkali market is the regulations enforced by governments due to environmental concerns. Chloralkali utilizes asbestos and mercury, which have adverse effects on the environment. Recently, the US NGO Health Building Network (HBN) has warned that the continued usage of mercury and asbestos in the supply chain of PVC and other chlorine-based products, is a source of environmental pollution. Furthermore, in other countries such as in the Americas and Europe wherein the government is majorly focusing on environment issues, the vendors in the chloralkali market are facing the stringent restraint from the governments. However, the major market players such as DowDupont which has set an example by converting asbestos-based diaphragm technology to non-asbestos operations to align the production facility with the regional regulations. The future foresees vendors avoiding harmful production technologies and adopting the PFAS-coated (Polyfluoroalkyl Substances) membrane technology. Furthermore, the constant demand for PVC will always create a sustainable chloralkali marketplace.

Chloralkali Market Key Players Perspective –

The major players striving to capitalize on the demand influx in the chloralkali market are Solvay S.A., Akzonobel N.V., Axiall Corporation, Formosa Plastics Corporation, Hanwha Chemical Corporation, Nirma Limited, Occidental Petroleum Corporation, Olin Corporation, Tata Chemicals Limited, Tosoh Corporation, Tronox Limited, and Xinjiang Zhongtai Chemical Co. Ltd.

Chloralkali Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them to understand the future of the chloralkali market. The assessment include the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The chloralkali market research report also analyses the application of chloralkali for myriad of purposes such as demand in manufacturing of PVC and application in pulp & paper, food & beverages, soaps & detergents, and other industries.

Chloralkali Market Report: Industry Coverage

The chloralkali market report identified the current trends, opportunities, and challenges in the industry along with a detailed depiction of strategies by the existing market players.

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The report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

• North America: The U.S., Canada, Mexico
• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
• Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark
• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
• Middle East and Africa: Israel, South Africa, Saudi Arabia
• “We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

IoT Analytics Market Overview

Global IoT Analytics market is forecast to reach $8.2 Billion by 2025, growing at a CAGR of 23.7% during the forecast period from 2020 to 2025. Rising Growth of IoT data as well as growing adoption from medical sector areacting as major drivers towards significant market growth of IoT analytics. Moreover, rising automation across industries as well as growing demands towards real time data is also propelling the demands towards IoT analytics market. Technological advancements and growth of connected devices are also driving the market demands for efficient IoT analytics.

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IoT Analytics Market Report Coverage

The report: “IoT Analytics Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the IoT Analytics Market.

By Deployment Type: Cloud and On premise

By Type: Descriptive Analytics, Predictive Analytics and Prescriptive Analytics

By Solution: Software and Services

By End Users: IT and Telecom, Healthcare, Retail & Ecommerce, Government & Defense, Manufacturing, Banking and Financial Services and Others

By Application: Predictive maintenance and asset management, IT Infrastructure Management, Energy Management, Safety and Surveillance, Building Automation, Sales and Marketing, Others

By Organization Size: Large Enterprises, Small and medium sized enterprises

By Geography: North America (U.S, Canada and Mexico), South America (Brazil, Argentina and Rest of South America), Europe (U.K, Germany, Italy, Spain, Netherlands,France and Rest of Europe), Asia Pacific (China, Japan, India, South Korea,Australia and Rest of APAC),RoW (Middle East and Africa)

Key Takeaways

• Cloud analytics is expected to have a significant market growth during the forecast period in IoT analytics due to its capabilities of providing efficient data management and high scalability feature.
• Key market players such as Microsoft Corporation and Amazon Web Services have been helping towards significant market growth of IOT analytics in North America.
• Rising volume of IoT data along with high adoption from medical industry are some of the major driving factors towards significant growth of IoT analytics market.

IoT Analytics Market Segment Analysis – By Deployment Type

On the basis of deployment type, IoT analytics has been segmented under cloud and on premise. Cloud analytics is anticipated to have a major growth in the IoT analytics market during the forecast period 2020-2025. Deployment of cloud analytics have been rising rapidly across major industry verticals such as healthcare, Information technology, Banking sector and many others due to its capability of offering high scalability along with an efficient and faster data accessing, thus improving the business productivity. Moreover, cloud deployed analytics acts as a cost efficient solution unlike the on premise models, thus driving its market growth. Since the industries generates massive amounts of data, there is high demands towards a solution capable of ensuring efficient and faster data handling, maintenance as well as management, thus leading to high adoption towards cloud analytics market. The rising growth of cloud based services globally has been also helping in fuelling the market demands towards IoT analytics.

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IoT Analytics Market Segment Analysis – By Geography

North America is expected to have a major growth in the global IoT analytics market during the forecast period from 2020 to 2025. Presence of some key players such as Amazon Web Services, Microsoft Corporation and Google Inc.are acting as major drivers for the growth of IoT analytics market. High investments towards research and development activities along with growing adoption of advanced technologies such as cloud, IoT and many others have been fuelling the market growth for IoT analytics in this region. Moreover, Microsoft and SAS recently entered into a strategic partnership to help their customers accelerate the business growth through combing of SAS analytics offerings within Microsoft Azure. Such partnerships have also been creating major opportunities towards IoT analytics market.

IoT Analytics Market Segment Analysis Drivers

Rising demands due to growing IoT data

The rising growth of IoT data has been acting as one of the major driving factor towards the high growth of IoT analytics market. Since the connected devices generate massive amounts of unstructured data, which leads to creating major need towards a tool for efficient data analysis. Growing  IoT data has been helping  in tracking  performance metrics for connected devices such as automobiles, smart home gadgets and many others thus causing higher demands towards an faster defect predictions. Such factors are helpful in creating high market demands for IoT analytics which helps in faster predictive analysis of the products, saving the company’s expenses in the long run. The rising consumer demands towards connected devices which provide connectivity with smart phones, laptops and many others to improve the productivity standards are causing dominance for IoT analytics across industries. Moreover, major industries such as automotive, healthcare, manufacturing and many others have been using connected devices in order to monitor their production processes. Usage of IoT analytics have been helping such industries in verifying the machinery used during production more accurately as well as identifying the problems hampering the plant productivity, thus improving business operations.

Growing adoption from medical sector

The rising adoption of IoT in medical sector has been acting as one of the major driving factor towards the growth of IoT analytics market. Rising technological advancements have caused the medical industry to upgrade as well as make use of advanced technology based devices to ensure more productivity. Healthcare sector have been widely deploying IoT based wearable, sensors as well as health equipment to provide efficient and more flexible monitoring of patients along with developing smart healthcare based mobile options. Such factors have been the helping to drive automation across the industry as well as provide real time monitoring of data through IoT analytics. Deployment of IoT analytics has been widely growing in the healthcare sector as the use of smart health devices as well as platforms are growing rapidly creating bulks of data. IoT analytics helps the medical sector to categorize their medical data histories efficiently as well maintaining records become more efficient, thus driving the market growth and causing reduction in expenses.

IoT Analytics Market Segment Analysis Challenges

Data privacy and security related concerns

High concerns regarding data privacy and security have been acting as a major challenge towards hampering the growth of IoT analytics market. With growing rates of cyber-attacks and security breaches, security and privacy have become the most important aspects for an organization. Since the major industries generate massive amounts of data due to use of connected devices, IoT analytics are highly adopted by the industries to boost their business growth and productivity. Since IoT analytics tools makes use of sensitive data of the organizations to conduct predictive maintenance as well as data management, loss of such information can cause a negative impact on the business growth. Moreover, as technology has been advancing, cyber criminals have also deploying more advanced methods while causing damages such as data hacking, frauds as well as many such dangers ruining the organizations reputation, thus causing lesser adoption towards IoT analytics market.

IoT Analytics Market Landscape

Partnerships and acquisitions along with product launches are the key strategies of the players in the IoT Analytics Market. The major key players in the IoT Analytics Market include IBM Corporation, Amazon Web Services, Oracle Corporation, SAP SE, Salesforce.com Inc., Microsoft Corporation, Cisco Systems Inc., Google LLC, PTC Inc. and Teradata Corporation.

Partnerships/Product Launches/Acquisition

In April 2020, SenRa announced the launch of an IoT analytics platform named Ginger 2.0 to help users in managing IoT data and devices more easily and securely. This platform offers features such as accelerating business decision making process, device management capabilities, real time data visualization along with user accessing management within shorter time intervals and low costs. This development will further help in providing users the ability to have immediate insights about business operations, overall return on investment and many others.

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In November 2019, Verizon had announced collaboration with SAP in order to provide holistic IoT analytics solutions with directly data processing from assembly lines to retail stores within real time basis. This collaboration was made to combine the network and platform capabilities from Verizon with SAP’s Leonardo IoT solution, edge services and many others, thus creating a faster digital transformation for the enterprises.

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Steel fabrication Market Overview:
As per an International Trade Administration report, the crude steel production continues to show significant growth with production increased by 47% between 2005 and 2017, which translates to 8 million metric tons in 2005 to 1.69 billion metric tons in 2017 respectively[1].  High global demand with higher levels of production and global capacity utilization rate are some of the major factors responsible for relative growth in the steel industry. Almost all the sectors from industrial to residential utilize steel, which is creating a myriad of opportunities in the steel fabrication market. As of 2018, the global steel fabrication market size hovered around $138 billion. Furthermore, the demand for steel fabrication will observe a notable CAGR of around 4.1% during the forecast period of 2019 to 2025.
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APAC dominates the steel fabrication market due to rapid industrialization and several development projects and plans such as smart cities. Demand for steel fabrication is high in countries such as China, Japan, and India due to increasing in industrial activities. According to the US Geological survey, half of the world’s steel production is attributed to manufacturing units in China that exports nearly 100 million tons worldwide. This is strongly influencing the steel fabrication market in APAC[2].  Owing to the fact that steel fabrication demand is more in APAC countries, the region held the maximum demand share that was assessed around 60% in 2018. 
Steel fabrication Market Outlook:
Steel fabrication refers to the process in which stainless fabricators turn basic raw material and steel selections into desired shapes that can be used in the construction, automotive, mining, and civil infrastructure sector. Steel fabrication can be performed in two ways. First, raw material approach or integrated route process where different materials are heated, melted, and mixed. The other way is known as electric arc furnace method of steel fabrication in which recycled steel is melted to bring steel as the end product. Stainless steel fabrication is used to produce a wide variety of components, products, and projects such as architectural metal fabrication projects.
Steel properties such as corrosion resistance, high oxidation temperature, and integrity to maintain the mechanical properties over a wide temperature range make it as a suitable material to be used in aerospace, automotive, and marine application. In April 2017, the Federal Government initiated an investigation showed that the global demand for press-hardened steel sheet that can be used for complex stamped parts and other applications will increase by 36% by 2020[3].  This press-hardened steel sheet is used in the aerospace, automotive, and marine industry in which the application CAGR would be around 8% during the forecast period of 2019 to 2025.
Steel fabrication Market Growth Drivers:

• Growing Construction Industry

Steel fabrication is the process of converting steel components into the desired shape. Construction sector is highly prominent segment as steel is the most prevalently used material in the sector for various purposes like piping, structure, and others. Increasing number of construction activities such as high rise buildings, bridges, and parking garages across developing nations along with other lucrative upcoming projects will support the growth prospects in the steel fabrication market during the forecast period of 2019 to 2025.

• Evolution of 3D Printing

3D printing is also known as indirect metal printing. 3D printing technology is a process to improve the efficiency and output with minimum wastage of steel. Advancement in 3D printing is gaining enormous opportunities for customization that is fueling the demand for fabricated steel products in the market.
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• Introduction of Steel Fabrication in Energy Sector

Steel fabrication is important for the energy sector that also compromises of oil and gas, wind energy, and nuclear energy. The demand of custom steel and customized end products such as pipelines and electric power turbine components from different energy sectors will fuel the opportunities in the steel fabrication market. 

• Steel Demand in Mining Sector

Steel is consider as the byproduct of the mining industry.  All the equipment used in mining process are produced using fabricated steel selections. Some common examples of steel selections products such as rods, beams, rails, and fitting that are integral part of the mining processes are creating massive opportunities in the steel fabrication market
Steel fabrication Market Trends:

• In 2018, Tata Steel and Thyssenkrupp signed an agreement to combine their European steel business in a joint venture. This merger will create a strong and robust European steel company with emergence of rising opportunities for stakeholders. 
• Latest Trends- Laser technology is introduced that provides several benefits over traditional fabrication processes. Latest laser technology helps to increase fabrication speed and capacity to produce more intricate cuts that assist to save the downstream with improved quality and reduced cost. This factor indicates that production rate will increase that will help to meet the demand for required steel products that are demanded from the steel fabrication market. 

Steel fabrication Market Challenges: 
Over-production of steel has directed to a reduction of high grade raw materials. The availability of high-quality raw materials is essential due to increasing demand for steel from various industries. Furthermore, the usage of low-quality raw materials have detrimental effects on environment such as greenhouse gases. The major challenges for manufactures is either to use low-quality raw material or discovering different ways to be less dependable on raw materials in general. Different research in production technology led the innovations of using recycled steel products which will alleviate the problems faced by the vendors in the steel fabrication market.  
Steel fabrication Market Key Players Perspective:
Some of the keyplayers of steel fabrication market are Kaman Corporation, O’Neal Manufacturing Service, BTD Manufacturing Inc., Matcor-Matsu Group Inc., Mayville Engineering Comp. Inc., and Defiance Metal Products Inc.
Steel fabrication Market: Research Scope
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the steel fabrication market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of steel fabrication market, and its segmentation includes carbon steel, alloy steel, stainless steel and tool steel. Segmentation on manufacturing process includes blast furnace and electric arc furnace.
Steel fabrication Market Report: Industry Coverage
The report analyses the product demands by the steel fabrications market on the basis of product type includes slab, billet, and bloom. On the basis of end user includes automotive, shipping, infrastructure, railways, aviation, power & energy, machine goods, and home appliances. 
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The steel fabrications market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

• North America: The U.S., Canada, Mexico
• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
• Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark
• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
• Middle East and Africa: Israel, South Africa, Saudi Arabia
• “We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

Ethylene Oxide Market Overview:Ethylene oxide also known as epoxyethane, dimethylene oxide is a colorless liquid formed by the oxidation of ethylene and silver catalyst. It finds many applications in various industries, especially as an intermediate in the formation of ethylene glycol, an important chemical in the formation of polyester and polyethylene terephthalate. Netherlands tops the list of the countries that export ethylene oxide with an export quantity of 150,529 tons followed by Germany with 91,517 tons and United States of America with 28,345 tons. Imports quantity being considered Germany stood in the first place with a total import quantity of 90,668 tons followed by Italy with 86,254 tons and Belgium with 64,687 tons of ethylene oxide being imported. 
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Ethylene Oxide Market Outlook:Ethylene Oxide up on hydration at a certain temperature produces ethylene glycol which is an important chemical in the manufacturing of polyester. Ethylene glycol, also used in manufacturing fiberglass is in turn being used in products like bath tubs, balls and many more. Sterilization of ethylene glycol is used to fumigate the medical equipment.
Ethylene Oxide Market Growth drivers:Consumers has started opting for a better packaged food and beverage products. The increase in the usage of PET bottles is a driver for the increase in ethylene oxide. The increase in the sales of vehicles is also a driver for the ethylene oxide market as it finds its applications in the seat belts and many more. The increased usage of resins and polyester fibers is also a driver for the ethylene oxide market. The other major driver is the great demand for the household and cosmetics.
Ethylene Oxide Market Challenges:One of the major challenges is the emissions of carbon-di-oxide content in to the environment due to the oxidation process that is being carried out. The other challenge is the residue that is left over the instrument when it undergoes the sterilization process. Sterilization chemicals are much poisonous as they attack the protein cells in the microorganisms. Ethylene oxide is a flammable gas and care must be taken when it is used in the sterilization process.
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Ethylene Oxide Market Research Scope:The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Ethylene Oxide Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the electric vehicle market, and their specific applications in different types of vehicles. Ethylene Oxide (SAP) Market Report: Industry Coverage
Ethylene Oxide Market– By Type of Logistics Provider: 1st Party Logistics, 2nd Party Logistics, 3rd Party Logistics, 4th Party Logistics and 5th Party Logistics.
Ethylene Oxide Market– By Services: Transportation and Distribution, Storage and Warehousing, Freight Logistics, Contract Logistics, Customs and Security, Green Logistics, Consulting and Management Services, Technology and others.
Ethylene Oxide Market – By Method of Transport: Road, Rail, Air, Ship and Intermodal.
Ethylene Oxide Market – By End User Industry: Chemical industry, Pharmaceutical Industry, Cosmetic Industry, Oil and Gas Industry, Specialty Chemicals Industry, Coating Industry and others.
The Ethylene Oxide Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

• North America: The U.S., Canada, Mexico
• South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
• Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
• APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
• Middle East and Africa: Israel, South Africa, Saudi Arabia

Ethylene Oxide Market Key Players Perspective:Some of the Key players in this market that have been studied for this report include: AkzoNobel, The Dow Chemical Company, BASF SE, INEOS Group, SINOPEC, Indian Oil, Lyondell Basell, Eastern Petrochemical Company, Reliance Group, Huntsman and many more.
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Market Research and Market Trends of Ethylene Oxide Market

• One key trend that is noticeable in the market is the digitalization of various segments of the businesses and the opportunities that technological advancements are bringing for the customer. Companies are providing their own propriety trademarked TMS to their customers for better supply chain visibility, management and in depth analytics data so that Supply chain operation can be optimized. 
• Increase concerns over pollution levels and emissions from the transport sector has pushed many companies to take a more environmentally friendly approach, some companies give carbon emission reports and provide data so that companies can decrease their carbon footprint and general environmental impact. Many other companies are taking proactive steps to reduce their emissions and increase the efficiency of their energy consumption, companies are also providing waste recovery services.
• With the growing Chemical productions in China and India as well as other APAC countries and the trade war between USA and China the market is going to see a shift towards the APAC markets as China and India take more steps to reduce trade barriers by reducing tariffs on imports and export. This will be a business environment change for the Ethylene Oxide market shifting from the Western sphere.
• “We also publish more than 100 reports every month in “Chemicals and Materials”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

Orthotic Devices Market Overview
Orthotic devices are particularly beneficial for the patients suffering from arthritis, musculoskeletal and orthopedic ailments, deformities and abnormal posture alignment among others. These devices are applied externally and can help correct any abnormalities or biomechanical alignment of the body. The market is estimated to grow at a CAGR of 5.25% during the forecast period 2018-2023. The Asia-Pacific orthotic devices market is forecast to grow at a CAGR of 8.14%, which can be mainly attributed to the technological advances in bulk manufacturing of OTC orthotics.
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Orthotic Devices Market Outlook
There are various types of orthotic devices available in the market with each having its own benefit. Based on their manufacturing method, the global orthotics market is divided into two types: prefabricated orthotic devices and custom-made orthotic devices. The share of custom orthotic devices in the overall market is expected to increase in the coming years. Custom orthotics are devices that are manufactured based on specific measurements of the patients and are made to fit and function according to the user’s requirement and condition. The market has been analyzed on the basis of its geographic region comprising of Americas, Europe, Asia-Pacific, and the Rest of the World.
Orthotic Devices Market Growth Drivers 
Rise in demand for orthotic devices market is mainly driven by aging population prone to osteoporosis, osteoarthritis, and other bone disorders, increased bone injury prevalence, and increased sport related problems. The use of orthotic devices worldwide will be encouraged as people increasingly seek alternatives to surgical deformity correction and pain management. Moreover, innovations in this industry are enabling orthotic devices to be easily accessible and more affordable.
Orthotic Devices Market Challenges 
Higher cost of custom made orthotic devices is one of the most prominent factors offsetting the growth of the orthotic devices market. Although custom-made orthotic devices have many advantages over the pre-fabricated devices, pre-fabricated devices are widely used owing to affordability and easy availability. The prefabricated devices available in the market presently are technologically advanced and are available in various ranges and sizes used to treat different disorders or diseases.

Orthotic Devices Market Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the orthotic devices market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the manufacturing method, device texture, device type, distribution channel and end-use application.
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Orthotic Devices Market Report: Industry Coverage
By Manufacturing Method: Pre-fabricated Orthotic Devices and Custom Orthotic Devices (Functional Orthotics and Accommodative Orthotics)
By Device Texture: Custom Made (Rigid, Semi-soft and Soft) and Prefabricated (Rigid, Semi-soft and Soft)
By Device Type: Cervical/Spinal Orthotics, Upper Extremity Orthotics and Lower Extremity Orthotics
By Distribution Channel: Retail Outlets, Orthotic Clinics, Pharmacies and Others.
By End-use Application: Custom Made (Injuries, Chronic Diseases, Support Application, Disabilities and Pediatrics) and Pre-fabricated (Injuries, Chronic Diseases, Support Application, Disabilities and Pediatrics)
The Orthotic Devices market report also analyzes the major geographic regions as well as the major countries for the market in these regions. The regions and countries covered in the study include:

• Americas: The U.S., Canada, Mexico, Brazil, Chile, Argentina and Rest of Americas
• Europe: The U.K., Germany, France, Italy, Spain, Russia, and the Rest of Europe
• APAC: China, Japan, South Korea, India, Australia and the Rest of APAC
• RoW: U.A.E., Israel, Rest of Middle East, South Africa and Rest of Africa

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Orthotic Devices Market Trends

• The emerging technologies such as the 3D imaging and scan, CAM/CAD and so on, will revolutionize the custom-orthotic devices market. In the coming years, these technologies will be easily accessible and will even allow patients to 3D print orthotic devices in the convenience of their own homes. The 3D Printed machine for orthopedic devices holds innovation and novel manufacturing technique these days. For instance, the arm laser scanner, known as the FARO system will be used to make the replica of the lower leg and foot anatomy. This FARO system will do multiple scans and merge to create a single model. Moreover, there is a growing trend of sports personnel using orthotic devices. Athletes often use semi-rigid orthotics in order to provide balance when moving or pronating the feet.

• “We also publish more than 100 reports every month in “Lifesciences and Healthcare”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

Nanotechnology is an engineering, science and technology conducted at the nanoscale (1-1000) and is a key improvement for agriculture sector. Agriculture is witnessing numerous issues and challenges such as population growth, climate change and limited availability of plant nuterients such as phosphorus and potassium. Developments in nanotechnology are set to address these issues effectively with applications in agricultural production. Pesticide formulations and nanosensors are emerging as the major applications of nanotechnology in agriculture especially in developing countries. The global agriculture nanotechnology market is poised to witness growth of XX% CAGR during the forecast period to reach revenue of $XXm by 2021.

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This report provides detailed analysis of the global agriculture nanotechnology market based on the application such as crop protection, soil improvement, water purification diagnostic, and plant breeding. The global agricultural nanotechnology market is also segmented by end users which includes: farmers/producers, R&D institutes and government organizations. Global food waste management market is also analyzed based on the geographic regions that include North America, Europe, APAC, and Rest of the World (RoW). The market is further segmented on the basis of the key countries in the region. Agriculture being the low profit industry, nanotechnology in agriculture is expected to witness tremendous regulatory hurdles in parallel with the opposition of NGOs.

Global agriculture nanotechnology market is fragmented market with the presence of significant number of players.

Sample Companies profiled in this Report are:

• Nanoscale Corporation (U.S.)
• Buitendijk Techniek BV (The Netherlands)
• Nanosys, Inc. (U.S.)
• LYC North America, Inc. (U.S.)
• Kaydon Corporation (U.S.).
• 10+.

“We also publish more than 100 reports every month in “Food and Beverage”, Go through the Domain if there are any other areas for which you would like to get a market research study.”  

Electric power steering (EPS) uses an electric motor to assist during the driving of a vehicle. Sensors detect the position and torque of the steering column, and a computer module applies assistive torque via the motor, which connects to either the steering gear or steering column. Passenger, commercial, light commercial vehicle, sports cars are the different end-user segments of EPS. Manual, hydraulic and electric powered steering systems are the key electric power steering types present in the market currently. Electric steering systems are mechanically less complex with fewer moving parts and no fluids. It is, hence, more reliable as well as simpler for the OEMs and customers too. Fuel economy is the biggest benefit to the end customers due to EPS and is the major driver for the electric power assisted steering market growth. It is estimated that significant fuel savings of around 0.3-0.4 liters/100km along with reduction in CO2 emissions of 5-7g/km can be attained due to EPS. With electric cars growing in shipments and offering competition to fuel-based cars, EPS systems are the key factors, especially for traditional automotive OEMs to prolong their business.
The global electric power assisted steering market generated revenue of $29.3 Billion in 2015 and is estimated to grow at 11.4% through 2020 to reach $50.2 Billion. IndustryARC also forecasts the overall shipments of EPS in automotive to double from around 48 million units in 2015 to around 91 million units in 2020. The overall electric power steering market revenue was around $7.5 billion in the U.S. in 2015 and is estimated to grow at a CAGR of 9.34% till 2020.
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Power steering systems use ECUs, torque sensors, brushless motor position sensors, motors, and steering angle sensors generally. The report describes the Electric Power Steering market by product types, modules, fuel types, components, geography, and industry verticals. High level analysis about the individual Electric Power Steering product costs, strategies, future opportunities along with the business landscape analysis of key market players are focused in the report.
Sample Companies Profiled in this Report are:

• Martinrea International Inc.
• Mitsubishi Electric Corporation
• Trelleborg
• Robert Bosch GmbH
• China Automotive Systems Inc.
• 10+.
• “We also publish more than 100 reports every month in “Automotive”, Go through the Domain if there are any other areas for which you would like to get a market research study.”

Warehouse Management System (WMS) market size is set to grow at a CAGR of 15% during the forecast period 2020-2025 and projected to reach $5.54 billion by 2025. WMS software application accomplishes the management of warehouse resources such as equipment, labor, space, tasks, and material flows, which is intended for distribution center management. The upsurge in the E-commerce industry is acting as the primary driving factor of the warehouse management system market. Additionally, the increase in the adoption of on-cloud WMS solutions, evolving multifarious distribution channels, and globalization of supply chain networks are contributing to the expansion of global warehouse management system market size.  

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Report Coverage

The “Warehouse Management System Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Warehouse Management System Industry.

Key Takeaways

• North America held a larger share in the warehouse management system market owing to the increasing demand for cloud software to improve the warehouse management and rise in the investments by multinational companies in the U.S.
• The growing acceptance of cloud WMS systems to standalone warehouse management system is likely to aid in the market growth of the warehouse management system.
• An increase in the digitization of supply chain management will increase the market demand for the warehouse management system market in the near future. This is because of the growing investments in the research and development department set to provide a significant number of opportunities for the warehouse management system market during the forecast period.
• The integration of innovative technologies such as Artificial intelligence (AI) and augmented reality will amend the errors occurring due to the fallacious human interactions and increase the rate of automation in the warehouse operations.

Type – Segment Analysis

Presently, the software held the largest share in the warehouse management system market size in 2018. This is majorly due to the increasing adoption of WMS software by the small and midsized enterprises (SMEs). In addition to this, the globalization of supply chain networks coupled with the growth in the share of cloud-based WMS software solutions is burgeoning the demand for WMS software, globally.  But, the services segment set to grow at a CAGR of 16.5% during the forecast period.

Deployment – Segment AnalysisIncreasing awareness regarding cloud software offerings such as cost savings and efficiency is gaining traction from companies. The great flexibility afford by the cloud system is attracting even the small firms to invest less capital in order to establish their footprints in the global warehouse management system market. Thus, the rise in the adoption rate of the cloud software systems by the SMEs is also leading to have a positive impact on the growth of the WMS market.

Geography – Segment Analysis

North America’s warehouse management system market share dominated the global warehouse management system market, accounts for 54%, followed by Europe and APAC. It is owing to the presence of a huge number of companies with warehousing and distribution operations, worldwide. Furthermore, developed third-party logistics (3PL) networks and growth in the e-commerce industry are together augmenting the North America warehouse management system market revenue. The U.S. is contributing to a major share in the growth of the North America warehouse management system market. This is because of the shift in companies’ preference to handle most of their operations on the cloud, thereby creating a significant number of opportunities for the adoption of on-cloud WMS solutions in this country. Asia-pacific region is projected to grow at a fastest CAGR during the forecast period. It is due to the emerging economies which include China and Japan growth in the warehouse management system software market, as of 2018.

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Drivers – Warehouse Management System Industry Outlook

• The predominance of WMS in upgrading the supplier and customer relationship management is improving the growth of the warehouse management system market

The warehouse management system plays a major role in reducing the number of errors during the processing of orders and support product delivery on-time to the end-users with minimum distribution costs. Furthermore, the suppliers are implementing the WMS to experience greater efficiency and productivity. The expansion of e-commerce and the need for Omnichannel fulfillment is influencing the growth of the WMS market. ERP software resembles similar capabilities of WMS software and have control over tracking the course of inventory items picked, packed and shipped, thereby helpful in maintain the customer relationship management.

• Advantageous WMS is attributing the augmentation in the warehouse management system market revenue

The WMS provides increased inventory accuracy, reduced lead and fulfillment time, effective space utilization, improved customer service, and optimized warehouse productivity.  All these factors together contributing to an increment in the global warehouse management system market.

Challenges – Warehouse Management System Industry

• The cost factor of on-premise warehouse management system is hampering the growth of the warehouse management system market

However, the high implementation cost associated with the implementation of an on-premise WMS is unfavorable to the SMEs. Besides, data privacy and security concerns are restraining the growth of the warehouse management system market. This WSM system requires the up-gradation of the software constantly.

Market Landscape

Agreements, product launched, and R&D activities are key strategies adopted by players in the warehouse management system market. In 2018, the market of the warehouse management system has been consolidated by the top ten players accounting for 49% of the share. Epicor Software, SAP, Infor, IBM, Manhattan Associates, Oracle, JDA Software, PSI Logistics, Tecsys, and High Jump are the warehouse management system’s top 10 companies.   

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Agreement/Product Launch

• In May 2018, Infor and ELSEN GmbH & Co., signed an agreement of partnership. Through this partnership, ELSEN has enhanced its digitization strategy, by implementing Infor SCE, the company’s warehouse and transport management solution. This, in turn, enables ELSEN to monitor and control real-time inventory which improves the fulfillment processes and customer experience as well.
• JDA Software announced the launch of a JDA Luminate, as a part of the next-generation solutions and core product enhancements, in May 2018. JDA Luminate is built in such a manner so that it readily integrates with various digital edge technologies namely the Internet of Things (IoT), AI, software-as-a-service (SaaS), and advanced analytics. This intelligent product delivers seamless customer experiences. 

• “We also publish more than 100 reports every month in “Information and Communications Technology”, Go through the Domain if there are any other areas for which you would like to get a market research study.”