The rising demand for secure and reliable communication devices for the citizen and military applications has amplified the need for software defined radio market for communication. The effect of the software defined radio technology will affect the handset manufacturers, OEM suppliers, end users, network operators and the electronic component manufacturers. Various projects have been under progress for the development of software defined radio such as speak easy radio program, European secure software defined radio, us joint tactical radio system program and many more.
The global smart fitness devices market has been expected to reach $9600 million in terms of revenue till 2022 at the growing CAGR of 26% during 2016-2022.Smart fitness devices market has beenanticipated to experience robust growth during the forecasted period due to rising awareness among the people pertaining to fitness, time saving portable and wearable devices, efficiency of the devices, and increasing healthcare disposable income.
The global nitrogenous fertilizers market is expected to grow at the CAGR of 2.6% during 2016-2022. Nitrogen is considered as an important nutrient for all crops in the growth and development. Although, there is abundance of nitrogen in the environment, only a limited number of plants have the capability to absorb and use the same. Nitrogen provides better color and texture to the plants and also helps in faster growth which leads to an increase in the overall agricultural productivity. It possesses nitrous compounds such as ammonium nitrate, ammonium sulfate, and other compounds in small proportions.
The global automotive airbag and seat belt market has generated the revenue of $22.79 billion in 2015 and now it has been projected to grow $42.61billion by 2022 with a healthy CAGR of 9.4% respectively during the forecasted year of 2016-2022. There has been huge demand for the automotive airbag and seat belt in the various developed and developing nations.
The cloud storage market has generated a revenue of approx. $18.87billion in 2015, and is projected to reach up to $67 billion in 2022. Increasing number of internet users;mounting need for big data storage for various industries; and, swift adoption rate of cloud storage gateways are the major drivers for the cloud storage market, globally.
The global angiography devices market was valued at US$ 9,496.6 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 5.7% during the forecast period from 2018 to 2026. Angiography devices market are poised to grow during the forecast period owing to rapid technological development in the angiography systems in the recent years with better diagnostic and therapeutic capabilities. For instance, the newer generation angiography systems offered by technology giants such as Siemens, Philips Healthcare, GE Healthcare, Canon and Shimadzu offer lower magnitude of X-ray, while maintaining image quality.
The increasing prevalence of lifestyle oriented diseases across the globe and growing adoption of protein based drugs is driving the growth of the global autologous stem cell and non-stem cell based therapies market. Various health regulatory bodies are expecting that universities and companies to innovate new therapy treatments, which ensures better, affordable, safer, easy to use, effective and rapid therapy treatment to end users. Autologous stem cell transplantation is safer than the other transplantation procedure with minimal steps in procedure that provides rapid results.
Ammonium sulfate is an inorganic salt and it is majorly used commercially. The most common use of ammonium sulfate is as a fertilizer for alkaline soil because it contains sulfur and nitrogen in it with the amount of 24% and 21%; and, when ammonium sulfate is used in agricultural application as a nitrogen-based fertilizer, it helps in the proper growth of the plants or crops. The demand of the ammonium sulfate as the nitrogen fertilizer is growing in Asia Pacific region which is the major driver of the global ammonium sulfate market.
The retail analytics market has generated the revenue of $2.2 billion in 2015 and now it has been expected to reach $5.9 billion by 2022, with a compound annual growth rate (CAGR) of 19.4% during 2016-2022. Retailers are dealing with demanding customers who are more informed and judicious about the products, because of blissful presence of advanced media and technology. Customers are highly influence by digital media and they are smart enough to influenceothers through various sources.
The global coronary artery bypass graft devices market is expected to grow at the CAGR of 6.4 % during 2016-2022. Coronary artery bypass graft (CABG) is the most common type of heart surgery that is performed to treat people suffering from severe coronary artery and angina heart disease. In coronary heart disease, plaque is formed inside the coronary artery that transmits oxygenated blood to myocardium. As the plaque gets harder over the time, which subsequently narrows down the artery causing reduced blood flow to heart leading to chest pain called angina.
Growing prevalence of lifestyle oriented diseases across the globe and growing adoption of protein based drugs is driving the global protein engineeringmarket. Decrease in cost for drug discoveryhas a huge impact on the growth of global protein engineering market. Protein engineering is a rapidly growing market and had potentials of lucrative growth opportunity due to rising demand for amino acids and engineered proteins across the globe. Growing prevalence of life style oriented diseases such as blood pressure, diabetes, cardiac diseases and other chronic diseases has been expected to increase the demand for engineered proteins across the globe.
The global phosphoric acid market has been expected to grow at the CAGR of 3.4% during the forecasted period of 2016-2022. Phosphoric acid, H3PO4, is a solid acid utilized generally for industrial objectives. Phosphoric acid (H3PO4) is the dominating inorganic acid consumed and produced in respect of production value and it is considered as the second largest in terms of quantity after sulphuric acid. The highest use of phosphoric acid is in the production of phosphate chemicals used majorly as carriers of phosphorus values in fertilizers.
The global access control and authentication market is expected to grow at a CAGR of 16.2% during the forecast period of 2016-2022 and is projected to reach $70 billion by 2022. In recent years, research and development and rising innovations have given a strong momentum to the global access control and authentication market. These systems are used to control the access of objects and people, monitor them, and prevent intrusion into any property and information. Rising need for safety and security and wide adoption of these systems in end user industry are the major driving factor of global access control and authentication market.
The global earthenware market has been expected to grow at a significant rate during the forecasted period of 2016-2022. Dinnerware made from earthenware is used for daily purpose. Thus table and kitchen products have a huge market share in the earthenware market. Earthenware is manufactured by using a mix of kaolin or china clay, feldspar, ball clay and quartz. It is made from ceramic material and mostly used for decoration. Modern craft and amateur pottery is also considered as earthenware. China clay is the most commonly used for earthenware and it will influence the future earthenware market. Application and region define the materials used for blending earthenware.
The global e-book market is expected to grow at the CAGR of XX% and revenue is estimated to be around $ XXXX million during the forecast period of 2016-2022. Global e-book market is expected to witness growth due to digitization of books and its easy accessibility on the internet. The execution of latest educational content, software, and hardware is estimated to create an advanced environment to give real time experience for readers. Moving of sales channel of printed books from departmental stores & super market to online stores is also estimated to be the prime reason for increase in the global e-book market.
The growing number of cases of chronic disordersand organ failures such as- liver, pancreas, lungs, kidney, and heart that requires the organs to be relocated, and a need of the organ transplantation is driving the global transplant diagnostic market. The advancements in technology are also driving the transplant diagnostic market. As the continuous innovations and technological advancements in HLA typing is helping the transplant diagnostic market to grow at rapid rate, and it is one of the key driver of the global transplant diagnostic market.
The global gas to liquid market was valued $8.8 billion in 2015 and now it has been expected to grow at a CAGR of 6.9% during 2016-2022. The factors driving the gas to liquid market are rising awareness regarding clean fuel, need for alternative fuel due to depletion of fossil fuel and increase in transportation requirements. GTL process converts natural gas to liquid fuels such as jet fuel, diesel and gasoline.
The global cloud managed services market has generated the revenue of $30.48 billion in 2015 and is projected to reach up to $89.31 billion by 2022 growing at a CAGR of 16.6%. Due to increasing number of internet users, rising information and communication technology and rising trend of Big Data and analytics and growing adoption of managed services in SMEs becomes the major drivers which help to increase the cloud managed services market. The increasing usage and demand of internet day by day helps to increase the market of cloud management services, globally.
The global alcohol ethyoxylate market is estimated to grow at a significant pace during the forecast period 2016-2020. Increase in the use of alcohol ethoxylate to manufacture low-rinse detergents is the key factor driving the overall market growth. The global alcohol ethoxylate market will experience growth opportunities in the global market due to increasing technological advancement to leverage the use of chemicals in numerous industries.
The global surface disinfectant market has been expected to reach $596 million in terms of revenue by 2022 with a healthy CAGR of 12% during 2016-2022. Factors stimulating the growth of surface disinfectants market are increase in the healthcare expenditure, rising incidences of nosocomial infections and growing number of surgical procedures. Geriatric population is increasing all over the world and this has been leading to large number of chronic diseases cases and surgical procedures. Thus, the management of these diseases and surgical procedures will be in a great need of surface disinfectants and these will lead to the market growth of these products.