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Showing posts from June, 2022

Digital Transformation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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  The global digital transformation market was valued at USD 998.99 billion in 2020 and is expected to reach a value of USD 2744.68 billion by 2026, at a CAGR of 18.5% over 2021-2026. Digital Transformation refers to the use of digital technology to solve traditional problems. Shifting from conventional to new digitalized business models facilitates the introduction of more technologically advanced products and services. Digital transformation helps organizations in improving their brand’s reputation, customer experience, and customer retention ratios through the implementation of the software. Digitally transformed organizations can adapt to the evolving technological landscape and can tackle sudden shifts in the industry. - Digital Transformation refers to the use of digital technology to solve traditional problems. Shifting from conventional to new digitalized business models facilitates the introduction of more technologically advanced products and services. Digital transformati

Digital Forensics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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  The Global Digital Forensics Market is expected to register a growth at a CAGR of 10.97% during the forecast period (2021-2026). The massive use of Internet of Things (IoT) devices coupled with factors such as stringent government regulations and the increasing instances of cyber-attacks on enterprises are expected to drive the demand for digital forensics software during the forecast period. Digital forensics has grown from addressing minor computer crimes to the investigation of complex international cases that significantly affect the world. Digital forensics includes the recovery and investigation of material found in digital devices, often concerning computer crimes. Most forensics are oriented toward desktops, laptops, and associated media, including the hard drive, floppy disks, and optical discs. However, other forms of digital forensics, such as mobile phones and other handheld devices, are becoming increasingly popular for digital curation and preservation. The adoption of

Digital Asset Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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  The Digital Asset Management Market was valued at USD 2962.2 million in 2020 and is expected to reach USD 9164.96 million by 2026 and grow at a CAGR of 21.23% over the forecast period (2021-2026). Artificial Intelligence, including facial recognition, has been introduced to the world of DAM. - A major driver for the adoption of digital asset management (DAM) solutions is the high return on investments. As a result, the spending by organizations on asset management is expected to increase, during the forecast period. - Customer engagement is emerging as the most effective method of customer retention, and mobile phones are the foundation of this trend. The number of connected devices is increasing, globally. With solutions, like interactive store windows, digital signage, and wearable devices, marketers are finding it difficult to create and deliver assets that offer consistent and compelling brand messages across the screens. - The increasing recognition of digital assets across the

Diaphragm Valve Market

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The diaphragm valve market is expected to witness a CAGR of 7.5% during the forecast period (2021- 2026). 3D simulation software can now be used to analyze and test various solutions without the need to build and test multiple designs and prototypes. The diaphragm valve can be easily simulated with the cloud-based platform in the coming future. Rising demand for radioactive waste management is driving the market. Here the diaphragm valve is used to prevent any leakage or contamination with foreign material, which is expected to increase the utilization of the component. Many countries are regularly trying to intensify their radioactive waste management to curb the destruction and enhance the efficiency of energy, which will drive the demand in the future. Increasing demand for safe and reliable production is driving the market. In order to ensure sterile and non-contaminated products, it is important to rely on high-quality diaphragm valves. In the pharma manufacturing process, enablin

Detergents Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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  The detergents market is projected to register a CAGR of over 4% during the forecast period (2022-2027). The market was negatively impacted by COVID-19 in 2020. However, the consciousness regarding personal hygiene and clean surroundings increased in the current situation, which stimulated the demand for laundry and household cleaning products, enhancing the market growth of detergents. Over the short term, the increasing usage of detergents in personal and laundry care products, such as optical brighteners, stain removers, shampoo, and bleach, is expected to drive the market growth. On the flip side, stringent environmental regulations on the use of detergents are hindering the growth of the market. The Asia-Pacific region is expected to dominate the market across the world, with the largest consumption from countries such as China and India. Scope of the Report Detergents are sodium salts of long-chain benzene sulphonic acids or alkyl sulfates. The major raw materials required for

Desiccated Coconut Powder Market - Growth, Covid-19, Trends and Forecasts (2021 - 2026)

 On the one hand, the COVID-19 pandemic has made a significant impact on the desiccated coconut powder market due to the halt in production and disturbance in the supply chain owing to which the various end-user industries of the category such as bakery, dairy product, frozen dessert, etc., accounted decline in production hence directly impacted the end-user as well as desiccated coconut industry.  For example, the Gaja cyclone in 2018 and the incidence of Rugose Whitefly in 2019, coupled with the COVID-19 pandemic, had a detrimental impact on coconut farmers, and they had to incur additional costs due to scarcity of laborers and challenges in transportation. This has further affected the market for processed coconut products at an industrial level. In the medium term, the growth in the consumption of coconut-based products among consumers is expected to drive the use of coconut-based products in food and beverage applications in the future. Sales of coconut-based ingredients, such

Cloud Intrusion Protection Software Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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The  cloud intrusion protection software market  was valued at USD 0.65 billion in 2020 and is expected to reach a value of USD 2.99 billion by 2026, and grow at a CAGR of 29.87% over the forecast period (2021–2026). The use of cloud services is growing rapidly in a broad range of areas as more companies are beginning to implement cloud services. - Operation Ghoul, a campaign held by a group of hackers, uses a commercial spyware kit to retrieve valuable business-related data stored in the victim’s network. The group has successfully attacked almost 130 organizations from around 30 countries around the world. - In September 2018, hackers accessed over 30 million users’ records on Facebook. Rather than going for payment information or passwords, cybercriminals stole personal data, such as names, relationship status, religion, birthdate, employers, search activity, and check-in locations. - The increasing number of cyber threats and hacking attempts are driving companies and users t