September 2020 ~ Prescient & Strategic Intelligence

Rising Home Ownership Driving Worldwide Sales of Mattresses

September 30, 2020Mattress Market in US, Mattress Market Report 2020, Mattress Market Size, Size of Mattress Market, US Mattress Market No comments

The soaring home ownership rate in several countries, on account of the growing disposable income of people and the implementation of favorable government laws regarding home ownership, is causing a sharp surge in the sales of mattresses across the globe. As per the Organization...

How is rising Penetration of Smartphones Driving AR and VR Market?

September 30, 2020 No comments

The global augmented reality (AR) and virtual reality (VR) market is projected to account for a revenue of $1,274.4 billion in 2030, rising from $37.0 billion in 2019, progressing at a robust CAGR of 42.9% during the forecast period (2020–2030). The rising penetration of smartphones...

How is the Expanding E-Commerce Industry Contributing to Growing Demand for Seasonings and Spices?

September 29, 2020Seasonings and Spices Market, Seasonings and Spices Market Demand, Seasonings and Spices Market in India, Seasonings and Spices Market Size No comments

The preference of consumers has changed radically since the past few years. A major reason for this is globalization, owing to which, different cultures are now being celebrated all across the globe. This includes the changing eating habits of people, as now consumers are open...

How are Government Policies Driving the Demand for Electric Trucks?

September 29, 2020Electric Truck Market, Electric Truck Market Demand, Electric Truck Market Size, USA Electric Truck Market No comments

As the air pollutions levels around the world are increasing, governments of various countries are imposing various policies and taking initiatives for reducing carbon dioxide emissions. The transportation industry is among the key contributors to the growing greenhouse gas...

Increasing Popularity of Ready-To-Eat Foods Fueling Demand for Cold Chain Logistics

September 28, 2020Cold Chain Market, Cold Chain Market Demand, Cold Chain Market Drivers, Cold Chain Market Forecast, Cold Chain Market Growth, Cold Chain Market Share, Cold Chain Market Size No comments

Cold chain has been an integral component of logistics since the late 18th century when ice was used for preserving temperature-sensitive and perishable products such as dairy products, fish, and meat during transportation from one place to another. With rapid technological advancements in the following decades, cold chain logistics witnessed a drastic...

Rising Demand for Energy-Efficient Lighting Solutions is Leading the Smart Lighting Market Growth

September 25, 2020Smart Lighting Market Smart Lighting Market Size, Smart Lighting Market Drivers, Smart Lighting Market Forecast, Smart Lighting Market Growth, Smart Lighting Market Share No comments

As per a study conducted by P&S Intelligence, the global smart lighting market is expected to generate a revenue of $27,064 million by 2024, and is predicted to advance at a 20.0% CAGR during the forecast period (2017–2023). The market is witnessing growth because of the increasing adoption of innovative technologies, including intelligent sensing...

What Makes Kick Scooter Sharing Service an Ideal Option for Tourists?

September 24, 2020Kick Scooter Sharing Market, Kick Scooter Sharing Service, Scooter Sharing Market Demand, USA Kick Scooter Sharing Service Demand No comments

The adoption of ride sharing services has risen significantly in the past few years. As people across the globe are becoming more reluctant to buy private vehicles, owing to their high maintenance cost and negative effects on the environment, the demand for public mobility services...

Commercial Refrigeration Equipment Market to Witness Massive Growth Due to Growing Demand for Ready-to-Eat Products

September 23, 2020Commercial Refrigeration Equipment Market, Commercial Refrigeration Equipment Market Demand, Commercial Refrigeration Equipment Market Size No comments

The rapid development of such food outlets and the upgradation of small restaurants and grocery stores are bolstering the sales of commercial refrigeration systems as these systems are heavily required in these stores. Furthermore, the development of organized food retail chains...

Legalization of Cannabis to Boost Cannabidiol (CBD) Oil Sales in Future

September 23, 2020CBD Oil Market, CBD Oil Market Demand, Demand for CBD Oil, USA CBD Oil Market No comments

With its plethora of health benefits and close association with cannabis or marijuana, as it is popularly known, cannabidiol (CBD) oil is one such controversial substance that makes doctors and medical researchers come face to face with the conservative figureheads of the society....

Consumption of Omega-3 Set to Surge in Future

September 23, 2020Demand for omega-3 food products, omega-3 food products, Omega-3 Market, Omega-3 Market Share, USA omega-3 Market Report 2020 No comments

The growing incidence of chronic diseases is a major factor responsible for the surging demand for various supplements and functional food items such as omega-3. The high occurrence rate of chronic diseases is affecting the people of both low- and middle-income countries (LMICs)...

Ambient Lighting Solutions Becoming Popular as Smart Lighting Solutions

September 22, 2020Ambient Lighting Market Demand, Ambient Lighting Market Drivers, Ambient Lighting Market Share, Ambient Lighting Market Size No comments

The global ambient lighting market is expected to generate a revenue of $156.5 billion by 2030, increasing from $60.8 billion in 2019, advancing at a 9.2% CAGR during the forecast period (2020–2030). On the basis of type, the market is divided into surface-mounted lights, suspended lights, strip lights, recessed lights, and track lights. The recessed...

Automotive HMI Industry Future Trends, Prominent Players, Industry Impact and Forecast by 2030

September 22, 2020Automotive HMI Industry, HMI Market No comments

The global automotive human-machine-interface (HMI) market generated a revenue of $18,822.3 million in 2019 and is predicted to attain a value of $55,318.4 million in 2030, advancing at a CAGR of 10.8% between 2020 and 2030. The key factors augmenting the growth of...

Why is Customer Satisfaction Important and how can Speech Analytics Aid in improving it?

September 21, 2020Speech Analytics Market Demand, Speech Analytics Market Drivers, Speech Analytics Market Share, Speech Analytics Market Size No comments

Businesses these days are focusing intently on satisfying their customers, since customers these days are not really loyal to a single brand. They have a large number of options to choose from, which is why, the burden on companies has risen increasingly. They need to incorporate...

Acoustic Vehicle Alerting System Market to be over $10,578.8 Million Investment Opportunity by 2030

September 21, 2020Acoustic Vehicle Alerting System Market No comments

The global acoustic vehicle alerting system market is predicted to advance at 11.9% CAGR from 2020 to 2030 and reach a valuation of $10,578.8 million by 2030. This would be because of the rising incorporation of acoustic vehicle alerting systems (AVAS) in electric...

What Advantages of Hybrid Cloud are leading to Growth of DWaaS Market?

September 18, 2020DWaaS Market, DWaaS Market Demand, DWaaS Market Drivers, DWaaS Market Growth, DWaaS Market Share, DWaaS Market Size No comments

The global data warehouse as a service (DWaaS) market is expected to generate a revenue of $23.8 billion by 2030, increasing from $1.4 billion in 2019, registering a strong growth of 29.2% during the forecast period (2020–2030), according to a report by P&S Intelligence....

German Autonomous Vehicles Market Size, Key Vendors, Growth Rate, Drivers, Volume and Forecast Report

September 18, 2020Germany Autonomous Vehicle Market No comments

The German fully autonomous vehicles market is predicted to exhibit a CAGR of 20.2% between 2020 and 2030 andattain a valuation of $28.0 billion by 2030, as per the estimates of P&S Intelligence, a market research firm. The German autonomous vehicles market size is being...

Deep Learning Market | Analysis, Post Covid-19 Impact | Potential Business Impacts for Key Players

September 17, 2020Deep Learning Market, Deep Learning Market Demand, Deep Learning Market Drivers, Deep Learning Market Share, Deep Learning Market Size No comments

The deep learning technology massively reduces the problem resolution time in contact centers by efficiently routing the calls, depending on their nature, to the concerned people who have the required technical expertise and know-how to solve the query. Apart from significantly...

Ambient Lighting Market Outlook By Share, Demand Status Of Type, Applications And Future Forecast

September 16, 2020Ambient Lighting Market, Ambient Lighting Market Ambient Lighting Market Drivers, Ambient Lighting Market Demand, Ambient Lighting Market Share, Ambient Lighting Market Size No comments

Shavers Market In-depth Analysis of the Industry with Future Estimations | P&S Intelligence

September 16, 2020Demand for Shavers Market No comments

The focus on physical appearance has increased considerably these days. People are becoming more and more conscious by the passing day regarding different fashion trends, which themselves keep changing regularly. The increased penetration of social media platforms in both developing and developed countries can be said to be a major reason when it comes...

Cyber Insurance Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

September 15, 2020Cyber Insurance Market, Cyber Insurance Market Demand, Cyber Insurance Market Drivers, Cyber Insurance Market Share, Cyber Insurance Market Size No comments

The COVID-19 crisis is having a positive effect on the demand for cyber insurance, as the pandemic has shifted countries’ focus to healthcare and economic stability, thus opening the doors for cyber-criminals to hack servers and steal vital information. Malware spams, phishing...

Business Impacts of COVID-19 on Compressor Market | Strategies of Major Industry Competitors

September 14, 2020Compressor Market, Compressor Market Demand, Compressor Market Drivers, Compressor Market Growth, Compressor Market Share, Compressor Market Size No comments

The automotive industry is expanding rapidly at the present time due to the increasing disposable income of people, rising demand for electric cars, and technological advancements. From 2012–2017, the automobile industry registered a growth of around 17% in the sales of...

Connected Car Market Outlook and Forecast 2020 due to COVID-19 Impact

September 14, 2020Connected Car Market No comments

According to a report by P&S Intelligence, the global connected car market reached a value of $72,499.2 million in 2019, and it is projected to attain a value of $198,459.7 million by 2025, progressing at a 24.1% CAGR during the forecast period (2020–2025). The...

Electric Vehicle Communication Controller Market Future Trends, Prominent Players, Industry Impact and Forecast by 2024

September 12, 2020Demand for EV PARTS, Electric Vehicle Communication Controller Market, EV parts Business 2020, EVCC Market, US EVCC Market Reort No comments

The global electric vehicle communication controller (EVCC) market is expected to generate a revenue of $553.4 million by 2024, increasing from $97.0 million in 2018, and is predicted to progress at a 34.8% CAGR during the forecast period (2019–2024), according to...

Changes in Consumer Behaviour During COVID-19 Outbreak May Affect Growth of Cyber Insurance Market

September 11, 2020Cyber Insurance Market, Cyber Insurance Market Demand, Cyber Insurance Market Drivers, Cyber Insurance Market Share, Cyber Insurance Market Size No comments

The global cyber insurance market will grow, in value, from $5,573.2 million to $70,671.9 million from 2019 to 2030. In addition to this, the market is predicted to advance at a CAGR of 26.3% from 2020 to 2030, according to the estimates of P&S Intelligence, a market...