Research report

In a competitive global smart baggage handling system market, keen players are hard-focused on collaborations to expand their outreach and to accelerate their pace of gains. In matters of competition, the global smart baggage handling system market is expected to witness the entry of small-sized players that will further intensify competition in this market. Some of the key growth drivers of the global smart baggage handling system market are a modernization of existing airports, growth in the number of airports and air travelers, and adoption of systems with improved accuracy for baggage handling and baggage tracking. In emerging economies, construction of new airports that are equipped with state-of-the-art technology is benefiting the smart baggage handling system market. The installation of these systems enable easy tracking and handling a large volume of baggage which is critical to the growing air traffic in these regions. As per estimates of a report by Transparency Marke...

A copious number of regional and international companies are trying to surge ahead of one another in the global refrigerated display cases (RDC) glasses market leveraging multi-pronged strategies. Carefully-considered acquisitions and mergers to expand geographical footprints, addition of new services, and offering cost competitive and technologically advanced products are some such popular strategies. This makes the market highly competitive and fragmented in nature. The swiftly expanding frozen foods market and the increasing food supply chain is primarily serving to increase growth in the global refrigerated display cases (RDC) market. Apart from that, technological progress, leading to emergence of low-emission and anti-reflective coatings have also led to the sales of RDC glasses. As per a TMR report, the volume in the global refrigerated display case (RDC) glasses market will likely rise at a CAGR of 5.7% from 2017 to 2025 to become worth 187,525 million square meter by 2025...

The global wearable camera market is primed to grow at a solid pace on account of the soaring popularity of tourism, adventure, and sports, swift penetration of internet in most corners of the world, and an explosive growth in social media users. Besides, an array of products to suit every need and budget, and competitive pricing on account of strong competition among players is also serving to boost uptake in the market. Currently, the global wearable camera market is fragmented in nature because of the presence of numerous national and international players. In the years ahead, the market is expected to see foray of new players which increase the degree of competition. In order to steal a march over their competitors, companies are focusing on product development and affordable pricing strategy. According to Transparency Market Research, the global wearable camera market will likely rise at a solid CAGR of 13.0% from 2017 to 2025 to become worth US$8.12 bn by end of 2025 from US...

The global edge computing market is anticipated to rise steadily in the upcoming years on the back of challenges arising from the excessive use of traditional cloud computing architecture. One of the key factors driving the global edge computing market is the proliferation of Internet of Things (IoT). Edge computing eliminates the need for vast amount of data generated by IoT to be sent to data centers or clouds. Edge computing architecture is ideally suited for a number of situations. This includes poor connectivity of IoT devices, wherein IoT devices lack seamless connectivity to a central cloud. Further, factors such as high latency, low spectral efficiency, and non-adaptive machine type of communication are some serious challenges of cloud computing architecture that are leading to a shift to edge computing framework. Edge computing offers economic benefits for enterprises. This is because scrutinizing and processing data close to the edge of the network helps organizations an...

Of late, the global licorice extracts market is witnessing a stable progress, thanks to the growing demand for pharmaceutical products, herbal medicines, and various other health products among people across the world. The increasing uptake of natural ingredients in medical supplements, together with the rising inclination of consumers towards sugar-free products, boosted by the upswing in the consumer consciousness towards health and fitness, is fueling the demand for licorice extracts, reflecting greatly on this market. Currently, the market players are focusing aggressively on research and development activities to develop new products in order to satisfy the swelling demand for sugar-free products, as the rising prevalence of diabetes and obesity has increased the concerns of consumers over the high intake of sugar. This, as a result, is expected to benefit the sales of licorice extracts in the years to come. Apart from this, the opportunities generated by the advent of herbal m...

The global dairy alternatives market consists of a large number of players, a lot of whom are finding excellent scope of growth through the growing number of people diagnosed as lactose intolerant or allergic to milk. With advancements in medical technology and a growing rate of awareness about lactose and the human body among consumers of milk, the market for dairy alternatives is finding a much greater scope of sales than before. The global dairy alternatives market is also being augmented by other factors such as the growing variety of dairy alternatives across the world, and the overall healthier nature of several types of dairy alternatives. However, the global dairy alternatives market is currently being stifled by factors such as the higher price of dairy alternatives as compared to dairy products, and the confusion and lack of clarity surrounding a lot of the currently available dairy alternative products. Overall, the global dairy alternatives market had reached US$8.22 bn ...

Instant coffee has gained significant popularity among consumers in the recent times. Thanks to the convenience it provides to the consumers in terms of time and preparation, its demand has been rocketing across the world, reflecting substantially on the global instant coffee market. The easy availability of instant coffee across various channels has been contributing considerably to its rising popularity. The relatively lower price compared to regular coffee is also adding to its demand to a great extent. In 2016, the overall market stood at US$28.12 bn. Boosted by the surge in the uptake of coffee, especially over tea, across various regions, the opportunity in this market is likely to rise at a CAGR of 4.80% from 2017 to 2025 and reach US$42.5 bn by the end of 2025. The increasing awareness regarding the harmful effects of aerated drinks is also expected to shift the preference of consumers towards coffee, which subsequently, is anticipated to propel the worldwide market for inst...