Text analytics market accounted for the market value of US$ 4.63 Bn in 2018 and expected to grow with CAGR of 14.35% during the forecast period from 2019 to 2027. Text analytics is the analysis of unstructured text data, extracting appropriate data, and transforming it into structured format that leveraged in several ways. Extraction and analysis used in text analytics take an advantage of techniques that originate in computational statistics, linguistics, and several other computer science disciplines.

The test automation market worldwide is anticipated to grow with a CAGR of 14.7% during the forecast period from 2019 to 2027, starting from US$ 27.43 Bn in 2018. Increased mobile application market and rising DevOps methodology worldwide are the major reasons for the market growth. Growing digitization globally will also boost the test automation market demand in years to come. Growing use of mobile applications worldwide and rapid technological advancements are also helping the market growth. Rising cloud-based applications are helping the market growth.

The test and burn-in sockets market worldwide is expected to grow with a CAGR of 5.6% during the forecast period from 2019 to 2027. The test and burn-in sockets market is driven by the connector market. The test and burn-in sockets denote a small but challenging segment of the connector market. The designs of the sockets are robust, leading edge and are produced in small quantities. The sockets are widely used in smartphones and driving assistance systems.

Globally, the telematics in heavy equipment market is expected to grow with a CAGR of 10.9% during the forecast period from 2019 to 2027. The market is driven by the wide scale adoption of the telematics solution among the construction machineries and equipment. As the pressure on the construction industry to reduce the cost of operation and enhance efficiency is increasing, the construction organizations are swiftly shifting towards the technology solution to enhance the operational efficiency. Furthermore, the integration of the telematics into the machineries enable the effective fleet management reduces the cost and enhances the profits. 

The global telecom power systems market is poised to reach US$ 5,443.1 Mn by 2027, expanding at a CAGR of 6.9% during the forecast period from 2019 to 2027. Exponential growth in the high-speed data users, internet, mobile phones, and other communication services has challenged the telecom power sector to reduce energy consumption in cooling system and processing equipment.

The telecom analytics market is expected to reach US$ 11.70 Bn in 2027, growing at a CAGR of 18.88% during the forecast period from 2019 to 2027. The advent of big data analytics have changed the way telecom sectors are managing their operations. The massive amount of data created by telecom devices users is a goldmine for telecom companies. This unstructured data when converted into structured data (with the help of data analytics) will helps in finding meaningful insights and form customer-centric KPIs of their customers.

Globally, the technical illustration software market is expected to grow with a CAGR of 6.5% during the forecast period from 2019 to 2027, starting from US$ 3.22 bn in 2018. The market is driven by the strict government regulations across the globe to enhance the quality of the documentation and visuals. The government across the globe has implemented several regulations and guideline to enhance the quality of the documentation to provide transparency to the customers. For instance, European Union formed regulations and warranty issues demanding higher quality documentation to increase the transparency of information and benefits for customers.

The global tax management market is increasing significantly, anticipated to expand at a CAGR of 12.3% during the estimated period from 2019 to 2027, starting from US$ 16.22 Bn in 2018. The global tax management market is majorly driven by the increasing financial transaction volume and rising tax rules & regulations worldwide. The rapidly growing global payments revenue is another major factor expected to enhance the market growth. 

The global tea-based skin care products market is expected to grow at a CAGR of 7.3% during the estimated period from 2019 to 2027, starting from US$ 163.8 Mn in 2018. The alliance among Ayurveda, cosmetics and anti-aging is gaining popularity in industries such as health, wellness and beauty. As per the Euromonitor International’s report, consumers are being continuously inclining towards age-prevention products. Thereby, increasing the demand for tea-based skin care products globally. As tea offers best source of anti-aging antioxidants such as EGCG.

Globally, the talent acquisition and staffing technology & services market is expected to grow with a CAGR of 6.5% during the forecast period from 2019 to 2027. The market growth is primarily driven by the increasing focus by the organizations on recruitment marketing, brand building, employee engagement and culture development is the primary factor driving the market growth. The organizations are focusing heavily on the brand development strategies to acquire talent, increase employee retention rate and offer higher employee engagement.

Globally, the tableau service license market is expected to grow at a CAGR of 13% from 2019 to 2027. This high growth of the tableau service license market is attributed to the increasing adoption of Bring Your Own Devices (BYOD) and enterprise mobility trend among the enterprises. BYOD is known as the practice of among the enterprises that allows employees to use their own devices to access the company’s IT data. As the adoption of the technologies across the enterprises are increasing rapidly, the enterprises are shifting towards more flexible infrastructure and technologies that reduces the overall cost of operation and gain operational efficiency.

The global surgical stapler market is increasing proficiently, expected to grow at a CAGR of 6.8%. Globally, the increasing usage of staples over traditional sutures will enhance the overall growth of the market. Rising surgical procedures along with minimally invasive procedures will drive the market growth. Globally, increasing technological assessment in the product segment (mainly reusable staples), usage in endoscopic procedures and other applications such as gynecology, wound care, thoracic, gastrointestinal procedures are major factors driving the overall growth of the surgical staplers market.

The global surgical navigation systems market is developing at a healthier CAGR, was valued at US$ 732.0 Mn in 2018 and expected to reach US$ 1,166.6 Mn by 2027. Increasing ageing population along with minimally invasive surgical procedures, growing prevalence of chronic diseases and stroke, and rapid new technology assessment drives the overall surgical navigation systems market growth.

The global supply chain analytics market is expected to grow with a CAGR of more than 15.0% during the forecast period from 2019 to 2027, starting from US$4.5Bn in 2018. Increasing number of manufacturing facilities, growing volume of the business data generated by enterprises, and managing supplier relationship primarily drive increasing adoption of supply chain analytics tools. Some of the factors driving the growth of supply chain analytics market include need for improvement in productivity and reduce the operational costs and rising necessity to maintain and enhance customer satisfaction.

Globally, the supercapacitors market is expected to grow with a CAGR of 17.1% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$ 420.2 Mn. The supercapacitors are defined as the devices, which store electrochemical energy, discharge it by reversible adsorption, and desorption of ions during the interface between electrolytes and electrode materials.

The super-capacitors and ultra-capacitors market worldwide is expected to grow at a CAGR of over 28.23% during the forecast period. A capacitor is a passive two-terminal electronic component that store electrical energy in an electric field. Due to high power density and cyclability, capacitors have been in huge demand. Super-capacitor is an enhanced form of traditional capacitor while ultra-capacitors are ideally used in consumer electronics. Regulatory changes and standards for environmental safety may supplement the growth in sales of capacitors. Due to these factors, we are expecting a steady increase in the super-capacitors and ultra-capacitors market during the forecast period.

The global sun control films market accounted for US$ 845.6 Mn in 2018 and is anticipated to grow to US$ 1,879.7 Mn growing at a CAGR of 10.5% throughout the forecast period from 2019 to 2027. Increasing environmental concerns to reduce carbon footprint coupled with the booming construction sector especially in the Asia Pacific region are some of the factors propelling the growth of the sun control films market globally. 

In 2018, the global submersible pumps market was valued at US$ 11.40 Bn and expected to grow with a CAGR of 5.3% during the forecast period from 2019 to 2027. Submersible pumps market is expected to witness robust growth in the near future owing to rising infrastructural development and increasing industrialization worldwide. Increasing number of deep-water exploration activities and steadily growing water and wastewater management industry are the major growth factors for submersible pumps market.

The submersible motors market worldwide is expected to grow with a CAGR of 3.80% during the forecast period from 2019 to 2027, starting from US$ 4.17 Bn in 2018. Submersible motors market is expected to witness steady growth in the near future due to rise in industrialization and growth in infrastructure development. Due to low electricity consumption, robust structure and higher efficiency submersible motors are extensively used in various industries. Increase in exploration activities related to deep water are giving boom to the submersible pumps which in turn helps submersible motors market growth. On account of these factors, we are expecting steady growth in the submersible motors market during the forecast period.

The structural health monitoring market worldwide is expected to grow with a CAGR of 19.0% during the forecast period from 2019 to 2027, starting from US$ 1.70 Bn in 2018. Extensive accessibility of low-cost sensors, growing infrastructural development across the globe shall drive the structural health monitoring market. A structural health monitoring is an essential equipment for engineers and help them to maintain various civil arrangements and improve safety. Further, changing government regulations towards the compulsory implementation of SHM systems shall drive the growth of structural health monitoring market.