Category: Press Release

Evolve Business Intelligence has published a research report on the Global Private Health Insurance Market, 2021–2030. The global Private Health Insurance market is projected to exhibit a CAGR of around 7% during the forecast period of 2022 to 2030.

Evolve Business Intelligence has recognized the following companies as the key players in the global Private Health Insurance market: Cigna Corporation, AIA Insurance Group, UnitedHealth Group Inc., Allianz SE, Zurich Insurance Group Ltd., Express Scripts Holding Company, AXA, Aviva plc, Aetna, Inc., Apollo Munich Health Insurance, and International Medical Group.

 

Market Highlights

The global Private Health Insurance market is projected to be valued at $2.6 Trillion by 2030, recording a CAGR of around 7% during the forecast period. A health insurance plan will usually cover medical expenses incurred during treatments like certain diseases, injuries, and illnesses. An actuary calculates a healthcare premium that acts as compensation in return for a monthly/semi-annual/annual premium or payroll tax to provide benefits. The insurer’s responsibility is to cover the medical expenses of the policyholder up till the time they expire. Depending on the policy, coverage may vary for numerous factors. Some of these factors include diseases, age group, government policies, etc.

Due to the outbreak of Covid-19, there was a considerable demand for health insurance around the world. Additionally, the fear of pandemics and the increased cost of medical services helped the health insurance market grow during the pandemic. Health insurance companies introduced packages and solutions to cover the medical costs of treating COVID-19-infected insurance insurers. While the other fields suffered during COVID-19, health insurance grew rapidly.

Segmental Analysis

The global Private Health Insurance market has been segmented based on the Type, Network Providers, Demographics, End-Use, and region.

By Type, the Private Health Insurance market is segmented based on Medical Insurance and Critical Illness Insurance. The Medical Insurance segment dominates the market owing to the increasing adoption of a sedentary lifestyle and rising obese population with multiple health issues and an increase in accidental claims.

Based on Network Providers, the Private Health Insurance market is segmented based on Preferred Provider Organizations (PPOs), and Point of Services (POS). The PPOs segment is anticipated to hold the largest market. Policyholders prefer the flexibility in selecting hospitals, physicians, and other similar benefits that the PPO networks provide.

Based on Demographics the Private Health Insurance market is segmented based on Minors, Adults, and Senior Citizens. The Adult segment is anticipated to hold the largest market owing to several factors. For instance, there is a higher prevalence of lifestyle diseases in adults, which can lead to health risks over time.

Based on End-Use, the Private Health Insurance market is segmented based on individuals and Corporates. The Individual segment is anticipated to hold the largest market share. Previously people had to rely on their employer-based health plan, but now they have the option of purchasing individual plans with more control over deductible benefits, co-pay fees, and limits.

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Regional Analysis

The Private Health Insurance market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global Private Health Insurance market. The strong presence of major players in the region and the compulsion to have health coverage is expected to boost the demand in the region. The Asia-Pacific region is expected to grow at the highest CAGR over the forecast period. The increasing middle-class population in the region coupled with increasing disposable income are factors expected to drive the market. The European countries have been experiencing consistent growth in the Private Health Insurance market over the past few years. With the increasing awareness about the benefits of Private Health Insurance, the demand for Private Health Insurance has increased. The Middle East and Africa are regions with enormous potential for investment in the Insurance sector. The developing economies project a steady growth over the forecast period.

Evolve Business Intelligence has published a half-cooked research report on the Global DNS Security Software Market, 2021–2030. The global DNS Security Software market is projected to exhibit a CAGR of around 9.8% during the forecast period of 2022 to 2030.

Evolve Business Intelligence has recognized the following companies as the key players in the global DNS Security Software market: Akamai Technologies, Canadian Internet Registration Authority (CIRA), Comodo, Security Solutions, Inc., DNSFilter Inc., DomainTools, Efficient IP, HelpSystems, Open, Text Corporation, ScoutDNS, LLC, and TitanHQ.

 

Market Highlights

The global DNS Security Software market is projected to be valued at $2.31 Billion by 2030, recording a CAGR of around 9.8% during the forecast period. DNS security software creates an acuteness in the network and can prevent attacks and malware. Organizations can use these systems to take control of their DNS. DNS security solutions are becoming more popular because of how easy they are to use. DNS monitoring allows you to inspect email traffic and make website requests to check whether the data is secure. DDoS attacks can be detected and blocked by taking advantage of dynamic network traffic for data exfiltration via DNS tunneling. In the next-generation firewall, an intrusion prevention system is built in to provide security.

The COVID-19 pandemic forced people to work remotely, which led to a significant increase in the market for DNS Software. The increased demand led to companies developing more efficient software that could cover a large amount of ground. As the market grew, firms started to offer new features and faster speeds, which allowed more people to use the internet securely. Increased awareness amongst the users and the organizations about the cyber threats drove the market through the pandemic. Also, increased adoption of cloud computing help boosts the demand.

Segmental Analysis

The global DNS Security Software market has been segmented based on the type, application, and region.

By Type, the DNS Security Software market is segmented based on Cloud-Based and On-Premises. The Cloud-Based segment dominates the market. Cloud-based DNS security services analyze many different parameters to determine if a user’s computer is experiencing suspicious activity. The major advantage of this type is that it works in real-time with no need for constant updates or supervision by the admin. Cloud-Based DNS Security Services provide a more secure system by using various cloud technology.

Based on Application, the DNS Security Software market is segmented based on Large Enterprises, SMEs, and Home Users. The SMEs segment is anticipated to hold the largest market owing to the increasing need to streamline business processes cost-effectively. Most SMEs have not yet adopted DNS security software, but recent improvements to the technology and lower cost of infrastructure make it a more attractive option. A lot of these SMEs are also projecting that adoption of this software in the near future will increase.

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Regional Analysis

The DNS Security Software market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global DNS Security Software market. This dominance in the global market is due to the heavy penetration of technology and the increased number of cyber-attacks across all sectors. Moreover, with the presence of major players in the region, the market is expected to grow at a rapid pace. However, due to a rise in internet traffic in developing countries like China and Japan, Asia-Pacific is expected to outstrip all other areas by clocking the highest CAGR. The DNS Security Software business in Europe has been consistently growing. Increasing government initiatives and lucrative online business opportunities are key factors responsible for the growth of the DNS Security Software Market in the Middle East, Africa, and Latin American region.

Evolve Business Intelligence has published a half-cooked research report on the Global Chemical Logistics Market, 2021–2030. The global Chemical Logistics market is projected to exhibit a CAGR of around 3.22% during the forecast period of 2022 to 2030.

Evolve Business Intelligence has recognized the following companies as the key players in the global Chemical Logistics Market: BDP International, Agility, Montreal Chemical Logistics, CT Logistics, BD Trans, C.H. Robinson Worldwide Inc, Deutsche Bahn Schenker, Deutsche Post AG, Rhenus Logistics, Ryder System Inc., A&R Logistics, CEVA Logistics AG, FedEx Corp., Odyssey Logistics, and Broekman Logistics.

 

Market Highlights

The global Chemical Logistics market is projected to be valued at $326.93 Billion by 2030, recording a CAGR of around 3.22% during the forecast period. Chemical logistics refers to the transfer of chemical commodities from the company that produced them to consumers, with the help of a supply chain with logistics organizations’ services like warehousing and transportation. Key industries such as plastic processing, pharmaceuticals, food manufacturing, and vehicle manufacturing are reliant on some of the other types of chemicals for their production. Chemical industries provide products that make up the majority of the types of goods in today’s market. They are used to make pharmaceuticals, food, and many other everyday items.

With the escalating number of Coronavirus outbreaks over the last five years, the freight industry has seen a large amount of economic loss. This has been due to the need to quarantine areas where the virus may be present and biohazard containers for the transport of infected people, limiting the number of shipments being transported. The Chemical Logistics market is expected to see a gradual increase in the demand for safer methods of transport of infected people and biohazard disposal as public fear of the Coronavirus continues to spread.

Segmental Analysis

The global Chemical Logistics market has been segmented based on the Mode of Transportation, Services, End-Use Industry, and region.

By Mode of Transportation, the Chemical Logistics market is segmented based on Roadways, Railways, Airways, Waterways, and Pipelines. The Roadways and Waterways Segment is anticipated to account for the large market share.

Based on Services, the Chemical Logistics market is segmented based on Transportation & Distribution, Storage & Warehousing, Customs & Security, Green Logistics, and Consulting & Management Services. The Storage & Warehousing segment is expected to hold the largest market share. the adoption of the latest technological advancements in this segment helps the vendors operate efficiently.

Based on End-Use Industry the Chemical Logistics market is segmented based on Chemical Industry, Pharmaceutical Industry, Cosmetics Industry, Oil & Gas Industry, Specialty Chemicals Industry, and Food. The Oil & Gas Industry segment is expected to hold the largest market share. The rise in oil production has been a driving force behind the increased transportation of oil across the globe.

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Regional Analysis

The Chemical Logistics market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global Chemical Logistics market due to the presence of major players in the region and the large consumption the companies in the region have. However, due to increased government expenditure on R&D activities in developing countries and the shifting of manufacturing bases to countries like India and China, Asia-Pacific is expected to outstrip all other areas by clocking the highest CAGR. The Chemical Logistics business in Europe has been consistently growing. There is a well-established logistics company in the region, which uses ecological and sustainable practices. Latin America, the Middle East, and Africa are also expected to grow at a rapid pace in the forecast period. Saudi Arabia is the major contributor to this region as it possesses a large number of oil wells and has been investing heavily in developing advanced chemical logistics infrastructure. 

Evolve Business Intelligence has published a half-cooked research report on the Global Affiliate Marketing Platform Market, 2021–2030. The global Affiliate Marketing Platform market is projected to exhibit a CAGR of around 7.7% during the forecast period of 2022 to 2030.

Evolve Business Intelligence has recognized the following companies as the key players in the global Affiliate Marketing Platform market: AWIN, ShareASale, Taobao, JD, Amazon, eBay, Shopify, Clickbank, Rakuten, and Leadpages.

Market Highlights

The global Affiliate Marketing Platform market is projected to be valued at $36.902 Billion by 2030, recording a CAGR of around 7.7% during the forecast period. Affiliate marketing is a form of performance-based marketing. This type of online marketing allows businesses to reward one or more affiliates every time they bring in a customer or visitor. It’s an online sales technique where someone else with the same target audience—an affiliate—is incentivized to sell a product by making a commission on referrals. This method of marketing makes it possible for affiliates to earn money on products from a range of companies without creating their products.

Many industries have seen a slowdown in their growth rate due to the Coronavirus effect. However, affiliate marketing has been one of the few industries to benefit from this pandemic. The market is expected to continue with its momentum in near future with a clear potential for further growth. Marketers have had to adapt to new strategies that incorporate social media and offer consumers more control in their preferred digital environment.

Segmental Analysis

The global Affiliate Marketing Platform market has been segmented based on the Product, Application, Channel, Industry, and region.

By Product, the Affiliate Marketing Platform market is segmented based on Cost Per Sale, Cost Per Lead, and Cost Per Click. The Cost Per Sale segment dominates the market. The growth of this segment can be due to the higher commission this segment offers to the affiliates as compared to the Cost Per Lead, and Cost Per Click segment.

Based on Application, the Affiliate Marketing Platform market is segmented based on Physical Products and Virtual Products. The Virtual Products segment is anticipated to hold the largest market due to the availability of a worldwide marketplace for them. Also, there are no shipping charges associated with these products.

Based on Channel, the Affiliate Marketing Platform market is segmented based on Direct Sales and Distribution Channel based on Channel. The Direct Sales segment is anticipated to hold the largest market owing to several factors. For instance, in Direct sales, there is no third party involved in the middle. This increases the profits for the manufacturers.

Based on Industry, the Affiliate Marketing Platform market is segmented based on Transportation, Hospitality, Healthcare, BFSI, Entertainment and Media, Retail and E-Commerce, Consumer Goods, ITeS, Payment, and Ticketing, and Sales and Marketing. The Retail and E-Commerce segment is anticipated to hold the largest market owing to the large shift of businesses to the online model. This provided businesses which a larger target audience and marketing opportunities.

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Regional Analysis

The Affiliate Marketing Platform market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global Affiliate Marketing Platform market. The strong presence of skilled professionals in the region is expected to drive market growth. The Asia-Pacific region is expected to grow at the highest CAGR over the forecast period. due to the rapid growth in the internet infrastructure and the rise in e-commerce businesses across all verticals. The European countries have been experiencing consistent growth in the Affiliate Marketing Platform market over the past few years. With the increasing presence of many e-commerce and IT companies in the region and government initiatives to promote e-commerce, the demand for Affiliate Marketing Platform has increased. The Middle East and Africa are regions with enormous potential for investment in the IT sector. The developing economies project a steady growth over the forecast period.

Evolve Businesses Intelligence has published a half-cooked research report on the first and last-mile delivery  Market, 2021–2030. The dental digital treatment software market is projected to exhibit a CAGR of around X% during the forecast period of 2022 to 2030.

XXX has recognized the following companies as the key players in the first and last-mile delivery market are Sprinter, UPS Supply Chain Solutions, DHL Supply Chain & Global Forwarding, FedEx, Kuehne + Nagel, SF Express, XPO Logistics, DB Schenker Logistics, Nippon Express, GEODIS, CEVA Logistics, J.B. Hunt (JBI, DCS & ICS), Agility, China POST, Hitachi Transport System, DSV, YTO Express, Panalpina, Toll Holdings, and Expeditors International of Washington.

Market Highlights

The first and last-mile delivery market is projected to be valued at USD XX  Billion by 2030, recording a CAGR of around X% during the forecast period. The first mile represents the passing of various goods to the courier or anyone from the supplier to deliver the goods to the end-user while the final delivery to their customer is known as the last mile. For the manufacturer, the first mile is called the last mile. In the first and last mile, delivery service is defined as the movement of a package or package from its place of origin through the receiving chain, transport chain, and delivery chain to its final destination. together. The Pick-Up and Delivery Chain is the Stage where the First Mile delivery service is between them and when the parcel is delivered to the final consumer, it is the Last-mile because it is between the shipping chain and the destination.

The COVID-19 pandemic has changed existing logistics strategies and disrupted last-mile deliveries. Due to social distancing, the way everyone receives and sends packages has changed. Contactless delivery has become the norm. This allows for social distancing. Contactless delivery might seem like a simple process where a delivery man just drops off a product at a customer’s doorstep, but it’s not.

Customers must be notified when a delivery is completed without opening the door. For contactless use, people must refuse cash and card payments. To meet safety requirements, companies must also provide customers with current body temperature and timestamps from delivery and retail staff. As a result, there is a growing demand for innovative first and last-haul transport strategies that will benefit the market in the long term.

Segmental Analysis

The first and last-mile delivery market has been segmented based on the good’s type, mode of operation, application, and solution.

Depending on the type of goods, the market segment is divided into dry goods, postal goods, and liquid goods. The dry goods segment has the largest market share. The market segment is expected to grow as demand for dry goods imports and exports increases as supply chains recover from the pandemic. The company is ordering vans from the last mile, and dry goods volumes have skyrocketed.

The mode of operation segment is divided into light-duty vehicles, medium-duty vehicles, heavy-duty vehicles, self-driving vans and trucks, and delivery bots. The delivery bot segment is forecast to grow at the highest CAGR during the forecast period. companies are solving these problems through innovation. And create new products. The delivery bot segment is forecast to grow at the highest CAGR during the forecast period. Long-distance logistics is a challenge for logistics companies, where efficient transportation on a large scale is an individual logistics challenge due to special handling requirements, careful management, and unstable coordination with customers. Here’s how businesses face this challenge through innovation.

The application segment of the market is divided into logistics and transportation (package delivery, postal delivery), retail and food (e-commerce, grocery delivery, food delivery), healthcare & pharmacy (medicine supply, blood supply, organ transport, equipment transport, others), and others.

In the retail and food sector, the largest market share is expected to come from the food segment. Companies have already begun testing autonomous food delivery vehicles. Everything is delivered to the doorstep to help the segment grow.

The solution segment of the market is divided into hardware (ground control station, charging station, micro-fulfillment centers, others) and software (route planning and optimization, inventory management, live tracking, fleet management, computer vision, others).

The hardware segment represents the highest market size and the segment’s growth is attributable to the use of in-vehicle hardware units. Last-mile delivery vehicles can benefit from the right access hardware in terms of safety and convenience.

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Regional Analysis

The first and last-mile delivery market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Due to its large population, the Asia-Pacific region is the leading market for first and last delivery market. North America and Europe have emerged as the leading market for the first mile and last mile. the rapid growth of the e-commerce sector owing to the increase in smartphones and internet penetration is expected to boost the first and last-mile delivery market.

Evolve Business Intelligence has published a half-cooked research report on the Global Histology Equipment Market, 2021–2030. The global Histology Equipment market is projected to exhibit a CAGR of around 4.7% during the forecast period of 2022 to 2030.

Evolve Business Intelligence has recognized the following companies as the key players in the global Histology Equipment market: Leica, Roche, Thermo Fisher, Agilent, BioGenex, Sakura Finetek, Intelsint, and Biocare

 

Market Highlights

The global Histology Equipment market is projected to be valued at $7.93 Billion by 2030, recording a CAGR of around 4.7% during the forecast period. Histology equipment is used in the examination of tissue samples. These instruments extract and prepare samples for analysis, and are typically used to diagnose cancerous or other diseased cells, which can be caused by viruses, bacteria, or other pathogens. The machines use a variety of methods to examine samples including microscopes, cell counters,  and spectrometers.

The global Histology equipment market is anticipated to see a moderate effect from the COVID-19 pandemic. The healthcare sector as a whole will likely not be disrupted by the pandemic, since it has been identified as an essential service by the government across the world. Furthermore, during the COVID-19 crisis, researchers and medical experts are increasingly focusing on understanding pathological changes in various organs of patients with COVID-19. Although COVID-19 primarily affects the respiratory and immune systems, it could also hurt other systems, including the urinary and digestive tracts, cardiovascular systems, reproductive systems, and integumentary systems.

Segmental Analysis

The global Histology Equipment market has been segmented based on the Type, Application, and region.

By Type, the Histology Equipment market is segmented based on Slide-staining Systems, Scanners, and Tissue-processing Systems. The Slide-staining Systems segment dominates the market due to different technological advancements, providing better insights for diagnosing various bacterial, fungal, viral, and parasitic diseases

Based on Application, the Histology Equipment market is segmented based on Hospitals, Diagnostic Centers, and Research Laboratories. The Diagnostic Centers segment is anticipated to hold the largest market owing to several factors, such as the rising number of people seeking referrals from diagnostic centers and the increase in private investment in the diagnostics sector.

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Regional Analysis

The Histology Equipment market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global Histology Equipment market. Stringent government regulations, large-scale research units, and awareness about drug safety in North America are key factors that may potentially increase the number of drugs manufactured there. The Asia-Pacific region is expected to grow at the highest CAGR over the forecast period. due to the rapid growth in the healthcare and medical sector in the region. The European countries have been experiencing consistent growth in the Histology Equipment market over the past few years. The increasing incidence of cancer and cardiovascular diseases in European countries has fueled the demand for diagnostic and histological equipment. With technological advancements in equipment, doctors can diagnose diseases without invasive tests. The Middle East and Africa are regions with enormous potential for investment both in the healthcare sector as well as in the medical research industry. Several factors have been identified that have contributed to this growth, including an increase in the population and rapidly developing healthcare infrastructure.

Evolve Business Intelligence has published a half-cooked research report on the Global Consumer Finance Market, 2021–2030. The global Consumer Finance market is projected to exhibit a CAGR of around 6% during the forecast period of 2022 to 2030.

Evolve Business Intelligence has recognized the following companies as the key players in the global Consumer Finance market: JPMorgan Chase & Co., Citigroup, Inc., Wells Fargo & Company, BNP Paribas, American Express Company, and Bank of America Corporation.

 

Market Highlights

The global Consumer Finance market is projected to be valued at $1.30 Billion by 2030, recording a CAGR of around 6% during the forecast period. Consumer Finance is money borrowed by individuals to purchase things for personal use like cars, clothes, or electronics.  A finance fee is charged when a loan or line of credit eligibility is granted. These loans can be a cash loan or through the use of sales credit, an option given by the seller.

The COVID-19 pandemic significantly affected the Consumer Finance Market. The most immediate effect of the ‘pandemic’ was a plunge in consumer spending and less bank credit to go around – this hastened the shift to online retail, which includes fewer cash registers. ​Many of these trends are predicted to become more prominent over the next few years. As many customers became less willing to apply for credit and more reluctant to spend. In the weeks following the pandemic, consumer spending declined. This decline was exacerbated by the significant drop in employment.

Segmental Analysis

The global Consumer Finance market has been segmented based on the Type, Application, and region.

By Type, the Consumer Finance market is segmented based on Secured Consumer Finance Products and Unsecured Consumer Finance products. The Secured Consumer Finance Products segment dominates the market. Rising cheap auto and home loans are expected to drive the segment growth over the forecast period. On the other hand, with the increased demand for credit cards due to their usage-based awards and incentives, the Unsecured Consumer Finance Product segment is expected to grow at the highest CAGR.

Based on Application, the Consumer Finance market is segmented based on Banks and Financial Corporations, and Non-Banking Financial Companies. The Banks and Financial Corporationssegment is anticipated to hold the largest market. With the increase in the demand for safe credit-based consumption on lower interest rates, the Banks and Financial Corporations dominate the market

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Regional Analysis

The Consumer Finance market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global Consumer Finance market. This dominance in the global market is due to increased disposable income and increased use of credit cards over the forecast period. With a growing number of fintech start-ups and organizations in the Asia-Pacific region, the region is expected to grow at the highest CAGR over the forecast period. The European countries have been experiencing consistent growth in the Consumer Finance market over the past few years. The growth of the European countries is due to the opening up of the new market and more and more people becoming aware of the financial products. The Middle East, Africa, and Latin American region has been experiencing outspoken growth in the Consumer Finance Market and will continue to enjoy rapid development in the years to come. These developing countries are witnessing new regulations and product launches complimented with increased disposable incomes.

Evolve Business Intelligence has published a half-cooked research report on the Global Catalog Management Systems Market, 2021–2030. The global Catalog Management Systems market is projected to exhibit a CAGR of around 10.6% during the forecast period of 2022 to 2030.

Evolve Business Intelligence has recognized the following companies as the key players in the global Catalog Management Systems market: IBM, Oracle, Coupa Software, AP, Servicenow, CA Technologies, Fujitsu, Comarch, Proactis, and Salsify.

 

Market Highlights

The global Catalog Management Systems market is projected to be valued at $1.9 Billion by 2030, recording a CAGR of around 10.6% during the forecast period. A Catalog management system (CMS) helps organize and maintain product information in a structured way to better help customers understand the products’ benefits. This system is used to provide detailed product information, including the price and this system also helps with the design and editing of online catalogs. Catalog management includes data gathering and transmission from one network to another for cataloging. There are many different functions under a catalog management system. Synchronization and distribution of data, for instance, work to make sure all content looks organized across different channels.

In light of the COVID-19 pandemic, the Catalog Management System market is booming for catalog management software vendors. Organizations use such software to list their products or services on a centralized digital database. This means they don’t have to invest their time and resources into creating one themselves. It saves time, and effort and makes it easier for the end customers to find the product. The system stores and maintains information on products and services, saving time and effort while eliminating the need to do manual work.

Segmental Analysis

The global Catalog Management Systems market has been segmented based on the Type, Deployment Type, Component, Organization Size, Verticals, and region.

By Type, the Catalog Management Systems market is segmented based on Product Catalogs and Service Catalogs. The Product Catalog segment dominates the market. The growth of this segment can be due to the increasing penetration of e-commerce websites and online stores, which lets users buy their desired products through one application.

Based on Component, the Catalog Management Systems market is segmented based on Solutions and Services. The Solutions segment is anticipated to hold the largest market The Solution segment is anticipated to account for the large market share as it is a more all-encompassing solution. Solutions provide the building blocks needed to run the system.

Based on Deployment Type, the Catalog Management Systems market is segmented based on Cloud and On-Premises. The Cloud segment is anticipated to hold the largest market owing to several factors. For instance, more and more SME-level organizations are transforming digitally and the cloud segment has a low cost of installing the system as compared to the on-premises systems.

Based on Organization Size, the Catalog Management Systems market is segmented based on Large Enterprises and SMEs. The SMEs segment is anticipated to hold the largest market owing to the dominance of the cloud segment which offers a cost-effective way for the SMEs to market their products in a much more creative manner.

Based on Verticals, the Catalog Management Systems market is segmented based on IT and Telecom, Retail and e-Commerce, BFSI, Media & Entertainment, Travel, and Hospitality. The  Retail and e-Commerce segment is anticipated to hold the largest market Catalog Management Systems are in demand as the retail industry is becoming more and more digitally oriented. Various solutions help retailers manage their catalogs, such as enterprise-level software, on-demand software, and web-based systems.

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Regional Analysis

The Catalog Management Systems market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global Catalog Management Systems market. The strong presence of major players in the region and the quick adoption of the latest AI and ML technology is expected to boost the demand in the region. The Asia-Pacific region is expected to grow at the highest CAGR over the forecast period. due to the rapid growth in the IT infrastructure budgets and the increased usage of e-commerce platforms. The European countries have been experiencing consistent growth in the Catalog Management Systems market over the past few years. With the increasing presence of many e-commerce and IT companies in the region, the demand for catalog management systems has increased. The Middle East and Africa are regions with enormous potential for investment in the IT sector. The developing economies project a steady growth over the forecast period.

Evolve Business Intelligence has published a half-cooked research report on the Global 3PL in FMCG Market, 2021–2030. The global 3PL in the FMCG market is projected to exhibit a CAGR of around 6% during the forecast period of 2022 to 2030.

Evolve Business Intelligence has recognized the following companies as the key players in the global 3PL in the FMCG market: CEVA Logistics, C.H. ROBINSON, Deutsche Bahn, Deutsche Post DHL Group, Kuehne + Nagel, and Nippon Express.

 

Market Highlights

The global 3PL in the FMCG market is projected to be valued at $ XX Billion by 2030, recording a CAGR of around 6% during the forecast period. The 3PL industry is a vital branch of logistics services in the FMCG market and spans functions such as storage and distribution, packaging, and transportation. The main reason for outsourcing these services is the reduction of costs, although there are other factors, including the desire to focus on core competencies and improve the supply chain’s efficiency.

The outbreak of the coronavirus disease led to a ban on transportation, distorted supply chains, and created shortages in raw materials. As a result, trading activities were discontinued around the world with an inability to import or export goods. This cascaded into growth stagnation for 3PL in the FMCG Market. The global situation has been looking up, with government bodies relaxing the dictums and the market is projected to bounce back soon. The situation has looked bleak in recent years but this trend shows that it might be getting better.

Segmental Analysis

The global 3PL in the FMCG market has been segmented based on the Product Type, Application, and region.

By Product Type, the 3PL in the FMCG market is segmented based on Distribution and Retail. The Distribution segment dominates the market because of the experienced and large number of third-party logistics providers, who take a product’s distribution through the warehouse supply chain to retail. Key players in this segment are DB Schenker and Panalpina, Bemis, XPO Logistics, and C.H. Robinson.

Based on Application, the 3PL in the FMCG market is segmented based on Food and Beverages, Personal Care, and Household Care. The Food and Beverage segment is anticipated to hold the largest market. The dominance of the Food and Beverage segment can be attributed to several food segments, including dry packaged goods, beverages, cheese, and dairy products, frozen foods, ingredients suppliers, and last but not least meat processors. Many types of companies of various sizes ranging from multi-billion dollar organizations to those with a few hundred million in revenue.

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Regional Analysis

The 3PL in the FMCG market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global 3PL in the FMCG market. The region has a huge coastline supporting the 3PL service providers. Also, the region has many important locations/hubs for logistics management. The Asia-Pacific region is expected to grow with the highest CAGR in the forecast period. The rising population combined with increasing disposable income in the region with help in the growth of the market. The European countries have been experiencing consistent growth in the 3PL in the FMCG market over the past few years. The growing e-commerce sector and improved efficiency by truck logistics companies have boosted the market. The Middle East, Africa, and Latin American region has been experiencing consistent growth in the 3PL in the FMCG market due to the quick adaptation of the latest technology and new opportunities as and when required.

Evolve Businesses Intelligence has published a research report on the Travel Insurance Market, 2021–2030. The dental digital treatment software market is projected to exhibit a CAGR of around 26.1% during the forecast period of 2022 to 2030.

has recognized the following companies as the key players in the travel insurance market are ALLIANZ, AMERICAN INTERNATIONAL GROUP INC., Assicurazioni Generali S.P.A., AXA, Insure and Go Insurance Services Limited, Seven Corners Inc., Trip Mate Inc.

Market Highlights

The travel insurance market is projected to be valued at USD  119.31 Billion by 2030, recording a CAGR of around 26.1% during the forecast period. Travel insurance ensures the safety and protection of travelers while traveling domestically or internationally for business or pleasure. It is considered necessary for a carefree journey. This type of insurance provides basic protection such as health and transport insurance on repatriation, as well as protection against lost checked baggage, trip cancellations, and other potential casualties. Travel insurance helps travelers prepare for unprecedented events that could negatively impact their journey. Travel insurance provides financial protection against expenses or losses incurred as a result of unforeseen circumstances while traveling within the country or abroad. This usually includes the cost of property loss or theft, medical emergencies, accidental death, and travel cancellation or termination costs. It is valid from the day of travel until the arrival of the insured at the place of residence.

The COVID-19 pandemic posed a significant threat to the travel insurance market. The COVID19 pandemic has negatively impacted the travel insurance market. Additionally, the fear of the COVID19 pandemic after it emerged in early 2020, allowed travel insurance providers to offer COVID19-related coverage that could cover testing and screening costs. Translate. Growing travel demand in the wake of COVID19-related lockdowns eases the travel insurance industry forward.

Segmental Analysis

The travel insurance market has been segmented based on the coverage type, distribution channel, and region.

By coverage type, the travel insurance market is segmented based on a single trip and an annual multi-trip. The meeting segment dominates the market. The multi-annual travel insurance segment dominates the travel insurance market and is forecast to post the highest growth and this segment is expected to maintain this trend over the forecast period.

Based on distribution channels, the travel insurance market is segmented based on Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators.

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Regional Analysis

The travel insurance market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The European region is projected to dominate the travel insurance market. Mandatory rules and regulations imposed by the government have encouraged consumers to purchase travel insurance as a prerequisite for visa issuance, which is expected to boost the growth of the market. European travel insurance. The growth of the Asia-Pacific travel insurance market is due to the increase in the number of older travelers traveling mainly in groups or families with a focus on safe travel. In addition, the growing number of family and business travelers is expected to drive strong demand for travel insurance in the region. The travel insurance market in North America has been consistently growing. The Middle East is predicted to develop at an accurate rate. In Latin America, the number of startups in finance and insurance has increased significantly in recent quarters.