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  Automotive Cyber Security Industry Overview The global automotive cybersecurity market size was valued at USD 1.44 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 21.4% from 2019 to 2025. The growing emphasis on OEMs on autonomous driving and connected car systems have increased the risk of data breaching, thus augmenting the demand for cybersecurity solutions in the automotive market. Moreover, increasing usage of e-mobility across the globe is expected to drive the market. Gather more insights about the market drivers, restrains and growth of the   Global Automotive Cyber Security market Trends, such as robust connectivity, machine learning, 3D printing, and social network of things, will continue to gain traction. Significant developments in the automotive industry augmenting the use of Battery Management Systems (BMS) and sensors are resulting in a more feasible and viable cybersecurity solution. Hence, technological advancements in aut...

  N95 Mask Industry Overview The global N95 mask market size was estimated at USD 3.1 billion in 2021 and is anticipated to expand at a compounded annual growth rate (CAGR) of 9.2% from 2022 to 2030. The market growth is expected to be driven by the ongoing COVID-19 pandemic, worker safety, rising cases of infectious biological diseases worldwide, and stringent mask regulations, which have increased demand for N95 masks. The global economic recovery has been jolted by the quick emergence of the omicron strain in 2021. High transmissibility and ability to infect the vaccinated may lead to the imposition of lockdowns and cause supply chain disruptions. Furthermore, increased demand for respirators and masks, combined with stringent respiratory safety standards in various end-user industries, is projected to drive the market. Gather more insights about the market drivers, restrains and growth of the   Global N95 Mask market Before the COVID-19 pandemic, the U.S consumed around 50...

  Veterinary Medicine Industry Overview The global veterinary medicine market size was estimated at USD 29.4 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2022 to 2030. The increasing cases of zoonotic & chronic diseases are the key driver to this market. The global livestock population has also been experiencing rapid growth over the past few decades. According to the USDA, there were around 103 million cattle and 32.05 million beef cows in the U.S. in July 2020 and the number is expected to grow substantially in the coming years. Moreover, rising R&D & procedural advancements, pet adoption rate, and increasing consumption of meats & mandatory vaccination are anticipated to boost the demand for veterinary pharmaceuticals & vaccines for animals in the near future. Gather more insights about the market drivers, restrains and growth of the   Global Veterinary Medicine market An increase in the number of pet owner...

  Automotive Wiring Harness Industry Overview The automotive wiring harness market size was valued at USD 48.42 billion in 2017, expanding at a CAGR of 6.2%. Increasing the integration of electronic devices into vehicles in order to provide enhanced safety features has positively influenced market growth. Employing these systems in a vehicle offers numerous benefits such as improved fuel efficiency, enhanced performance, and low probability of electrical shortage. Gather more insights about the market drivers, restrains and growth of the   Global Automotive Wiring Harness market Sale of automotive wiring harnesses is directly proportional to the increased manufacturing of vehicles. Factors such as rising disposable income, increased government initiatives such as Make in India, and prevailing low labor costs in countries such as China and India have led to increased manufacturing of passenger cars and light commercial vehicles in developing economies. This, in turn, is driving...

  Earphones & Headphones Industry Overview The global earphones and headphones market size was valued at USD 25.1 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 20.3% from 2020 to 2027. Rising consumer preference for enhanced audio experience, growing music industry, coupled with mobile technology and internet penetration, are some of the primary factors driving the market. Technological advancements such as the emergence of notch-less smartphones are anticipated to fuel the growth of wireless earphones over the forecast period. Additionally, rising consumer inclination towards stylish and attractive designs is expected to boost the sales of earphones and headphones over the forecast period. Introduction of true wireless earbuds has brought about a paradigm shift in the way people listen to their music. These earbuds provide a user with a tangle free experience while listening to music as there is no wire connecting the left and right earpiec...

  Aerosol Industry Overview The global aerosol market size was valued at USD 73.9 billion in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 6.6% from 2022 to 2030. The growth is majorly driven by the increasing consumption of personal care products, such as deodorants, shaving creams, hair sprays, and body sprays. Aerosols are colloidal systems of solid or liquid particles suspended in a gas. They find a broad range of applications in personal care, household, automotive and industrial, food, paints, and medical sectors. The convenience of use and aesthetic design of aerosol has been attracting various end-use industries towards aerosol-based product packaging. Rapid urbanization coupled with infrastructural developments in emerging economies of Asia Pacific is expected to drive the demand for aerosol in paints and household products. Gather more insights about the market drivers, restrains and growth of the   Global Aerosol market In addition, the in...

  E-cigarette And Vape Industry Overview The global e-cigarette and vape market size was valued at USD 18.13 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 30.0% from 2022 to 2030. The rising awareness about e-cigarettes being safer than traditional cigarettes, especially among the younger population, is anticipated to further drive the market growth due to various studies carried out by medical institutions and associations. The array of customization features such as temperature control and nicotine concentrations offered by the vendors is expected to aid the product demand. Moreover, developing e-cigarette technologies such as pod systems and squonk mods have increased popularity in recent years and user adoption. Amid the COVID-19 pandemic, e-cigarette and vape vendors have adopted several COVID-19 based marketing strategies to increase product sales. The growing emphasis on adopting safer alternatives to smoking is anticipated to drive the...

  Electronic Contract Manufacturing And Design Services Industry Overview The global electronic contract manufacturing and design services market size was valued at USD 478.3 billion in 2021 and is expected to expand at a CAGR of 9.5% from 2022 to 2030. The growing functionalities, such as component assembly, engineering & design of printed circuit boards, sub-assembly manufacturing, and functional testing offered by contract manufacturers, are subsequently expected to drive the contract manufacturing services market growth over the forecast period. Electronic contract manufacturing is a form of engineering and manufacturing outsourcing services that provides a wide range of core manufacturing capabilities. Moreover, outsourcing ancillary activities helps OEMs focus on their core competencies, improving operational efficiencies, reducing production costs, and reducing capital investment requirements. In the initial phase of the pandemic, the electronic manufacturing factories w...

  Enterprise Governance, Risk & Compliance Industry Overview The global enterprise governance, risk & compliances market size was valued at USD 40.84 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 14.0% from 2022 to 2030. Governance Risk management regulates how an organization can achieve its targets by formulating preventive measures against the financial menace. The implication of compliance helps an organization follow the laid laws, guidance, rules, and procedures. It even refers to the ability that the internal employees of an organization need to follow the policies and procedures. GRC and EGRC benefit an organization by implicating policies and procedures to mitigate risk and adopt a healthy workflow. Enterprise Governance Risk Compliances regulate an organization by monitoring risk management, controlling risk, and identifying risk hazards that might occur in the critical business environment. EGRC ensures that the company adh...

  ERP Software Industry Overview The global ERP software market size was valued at USD 50.57 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.7% from 2022 to 2030. The growth is attributed to factors such as the growing need for operational efficiency and transparency in business processes, increasing demand for data-driven decision-making, and rising adoption of mobile and cloud applications. However, the increasing availability of open-source applications and higher initial investment and maintenance costs are expected to restrain the market growth. The implementation of ERP software in organizations can reduce inventory costs by 25% – 30% and raw material costs by around 15%. The software ensures a smooth flow of cross-functional information, offering better productivity and decision-making. A rise in the number of SMEs in developing economies such as China, India, and Brazil is expected to boost product demand over the forecast period. The...

  Digital Marketing Software Industry Overview The global digital marketing software market size was valued at USD 56.52 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 19.1% from 2022 to 2030. The outbreak of the COVID-19 pandemic, which triggered a paradigm shift in the way individuals use different apps, has positively impacted market growth. As such, app developers have been particularly reviewing their advertising set-ups and improving their capabilities to push for more accountability and transparency with partners in the wake of the outbreak of the pandemic and the subsequent economic downturn. For instance, in September 2020, HubSpot, Inc. of the U.S. announced the introduction of new updates and features to its platforms for helping businesses in meeting the challenges posed by the outbreak of the pandemic. The additional features include enterprise sales CRM, an expanded personalization functionality, and scalable contacts pricing mode...