Market Research Future published a research report on “Audit Software Market Research Report – Global Forecast to 2025” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2025.

Pune, India – June 19, 2020 /MarketersMedia/ —

Industry Insight

As the world grapples with the coronavirus outbreak that has shaken the world, the global audit software market 2020 is doing its part to fight the outrage. The year is an extremely eventful year due to COVID 19; thus, the market is screening some positive instincts when studied by Market Research Future. As per the study presented by MRFR, the global Audit Software Market has the probable to show enormous growth, which is recorded at ~14.48% CAGR. At this pace, the market would reach higher valuations from the years 2019 and 2025 (forecast period).

Global Audit Software Market – Notable Developments

One of the most significant factors motivating the demand for audit automation software is the rising complication in the business environment. The complex business and functions necessitate compliance with government regulations on a timely basis, which resulted in the adoption of audit automation software. Currently, it is gaining maximum polarity, which has given it’s market a substantial boost to expand more worldwide.

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Audit automation software ensures a variety of audit types, such as operational audit, internal audit, supplier audit, IT audit, and quality audit. These are done at equal intervals of time and helps in managing the entire audit lifecycle, ranging from scheduling, audit planning to create audit standards and checklists. This orderly process results in easing the audit process and improves process efficiency. Thus, MRFR finds that ascent in demand for this software is anticipated to inflate at a sky-scraping pace during the forecast period in support of advantages offered by audit automation software.

Despite these factors, the high initial investment by small enterprises is causing a hindrance to the growth of the audit automation software market. Even though audit automation software streamlines the audit process, it also requires high capital investment in the initial phase for installation and training about software usage. This factor restrains the demand for audit automation software from small enterprises, in which the growth of the audit automation software market seems to be sluggish in some years in the forecasted period.

Key Players

The Key Players in the Global Audit Software Market are Netwrix Corporation (US), SHLOKLABS (Portugal), MetricStream (US), Intelex Technologies (Canada), MasterControl, Inc. (US), Gensuite (US), IQVIA (US), AuditDesktop (Bulgaria), SAP SE (Germany), LogicManager (US), Onspring Technologies (US), and IQS, Inc. (the US).

Segmental Analysis

MRFR’s report offers a comprehensive evaluation of the global audit software market with the help of segmental analysis. The segments covered are component, deployment model, organization size, and vertical.

In terms of the component segment– This includes solution and service.
In terms of deployment model – This includes on-premise and cloud
In terms of organization size segment – This includes large enterprises and small & medium enterprises.
In terms of the vertical segment – This includes energy & utility, BFSI, food & beverage, manufacturing, non-profit organizations, accounting/CPA firms, and more.

Detailed Regional Analysis

MRFR decodes key regions that segregate the global software-defined networking market. The regional segmentation included North America, Europe, Asia-Pacific, and the rest of the world. Of these, presently, North America is the highlighted region as it accounted for the largest market share back in 2018, with a market value of USD 195.9 million, and now the regional market is possible to register a CAGR of 15.05% during the forecast period. The rising need for effective risk management and regulatory compliance, the incidence of copious companies in the region, and investments from small and medium-size businesses are some of the factors that motivate the regional market expansion. The market in the U.S. might expand at a considerable pace during the forecast period, which in turn is probable to drive the audit automation software market in the region.

On the other hand, the Asia-Pacific market might also expand at a higher CAGR of 16.43% during the forecast period. The expansion is attributed to the mounting need for the presence of numerous companies, effective risk management and regulatory compliance, and investments from the small and medium businesses in the region. Also, growth in businesses in India and China are resulting in towering demand for audit automation software. This is expected to grow at a considerable rate during the forecast period in the region.

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Release ID: 88964535

Silicon Carbide Market Global Research Report: By Product (Black And Green Silicon Carbide), Application (Steel & Energy, Automotive, Aerospace & Aviation, Military & Defense, Electronics & Semiconductors, Medical & Healthcare, & Others) and Region Forecast Till 2023

Pune, India – June 19, 2020 /MarketersMedia/ —

Overview:

Global Silicon Carbide Market is expected to make profits during the forecast period of 2018 to 2023. Market Research Future (MRFR) predicts several factors that can be of great help in boosting global growth. However, this growth is anticipating a halt due to the COVID-19 crisis, as suggested by COVID-19 Analysis.

Sectors like automobiles, healthcare, steel and others are expected to boost the growth of the market. This is due to the rising investment in research projects to develop new products and boost the inclusion of Silicon Carbide across industries. The electronics and semiconductors industry is also expected to boost the market prospect.

Segmentation:

Global Silicon Carbide Market has been studied to identify various prospects by MRFR experts and they have done this on the basis of product and application. MRFR gained insight from this segmentation that leads to a better understanding of the global market and enriched the decision-making process for the future.

By Products, the global market has been segmented into green silicon carbide, black silicon carbide, and others. The ‘others’ segment included coated, metallurgical, metallurgical briquettes, refractory, and micro grit.

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By Application, the global study on the Silicon Carbide Market has been segmented into automotive, aerospace and aviation, steel and energy, medical and healthcare, electronics and semiconductors, military and defense, and others. The steel and energy segment records substantial use of Silicon Carbide and the segment is followed by electronics and semiconductors and automobile segments. While the medical and healthcare applications are slated to register the fastest CAGR during the forecast period, owing to the rising expenditure in the sector to find better products.

Competitive Landscape:

ESK SIC GmbH, Grindwell Norton (India), Carborundum Universal (India), Entegris Inc (US), Dow Chemical Company (US), Renesas Electronics Corporation (Japan), Norstel AB (Sweden), Toshiba Corporation (Japan), Microsemi Corporation (US), ROHM Co Ltd (Japan), and others are playing prominent roles in taking the global market for Silicon Carbide forward. This market depends on various strategic moves deployed by these companies. Companies are making all sorts of tactical changes like mergers, innovations, branching, collaborations, launching strategies, acquisitions, and others to get an edge in the market. In research and development, they have increased their funding to get hold of new products that can boost their prospect.

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Regional Analysis:

Asia Pacific has emerged as the market with the maximum prospect in terms of value and volume. This is due to the growing industries like automobile, steel, and electronics & semiconductors. In North America, the market will also get the scope to expand its branches across various industries.

Industry News:

In June 2020, the Continental Vitesco Technologies, a leading supplier, known for their ability to provide vehicle electrification, and ROHM Semiconductor, a company of great repute in SiC power semiconductors, announced that they had signed a development partnership that would start in June 2020. Vitesco Technologies declared that they would use SiC components to boost the efficiency of its power electronics dedicated to electric vehicles (EV). This will help in increasing the EV range and curb the cost of the battery significantly.

Due to the COVID-19 impact, the global market is witnessing a certain crisis. The product intake is dropping due to a lack of production of automobiles and other products. However, the market is also witnessing a rise in various electronic goods that will help in treating the disease with great care. This will restore the balance in the market to some extent. On the other hand, countries are changing their lockdown norms, which may help in adding some growth in revenues.

COVID-19 Study in Detail:

Corona virus Outbreak and Protective Fabrics Market @ https://www.marketresearchfuture.com/report/covid-19-impact-protective-fabrics-market

COVID-19 Impact on Polyvinyl Alcohol Market @ https://www.marketresearchfuture.com/report/covid-19-impact-polyvinyl-alcohol-market

COVID-19 Outbreak Impact on Renewable Chemicals Market @ https://www.marketresearchfuture.com/report/covid-19-impact-renewable-chemicals-market

NOTE: Our team of researchers is studying COVID-19 and its impact on various industry verticals and wherever required we will be considering COVID-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Release ID: 88964537

Smartphone Screen Protector Market: Information by Material Type (Glass, Polyethylene Terephthalate, Thermoplastic Polyurethane), Product Type (2D, 2.5D, 3D), Size (0.21mm, 0.26mm, 0.33mm), Application (Smartphones, Tablets), Region—Forecast till 2023

Pune, India – June 19, 2020 /MarketersMedia/ —

Smartphone Screen Protectors are additional safeguards for protecting the phone from damage. The Global Smartphone Screen Protector Market Report by Market Research Future (MRFR) takes into consideration the various types of smartphones, consumer usage, and other factors determined to fuel its success for the period of 2018 to 2023 (forecast period). The impact of the COVID-19 virus and its impact are included in the report.

Competition Outlook:

AZ Infolink Private Limited, Belkin International, Inc., FeYong Digital Technology Limited, BodyGuardz, Shenzhen Yoobao Technology Co., Ltd, SCHOTT AG, ZAGG Inc., AGC, Corning Incorporated, and Nippon Electric Glass Co., Ltd are key players of the global watch market.

Market Scope:

Global Smartphone Screen Protector Market is estimated to exhibit 9.92% CAGR over the forecast period. The deluge of smartphones available at economical prices as well as discounted rates for phones available online can drive the need for screen protectors. Sensitive screens and human nature of handling devices will beckon the market demand exponentially. Emerging economies of China, Taiwan, and India as well as consumer awareness of protective shields for smartphones are likely to work favorably for the market.

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Refurbished phones and its sales in rural regions of countries can fuel market demand for Smartphone Screen Protectors. Development of tempered glass and its strong characteristics of scratch and shock resistance will drive market revenue. The rise in the global population is likely to provide an impetus to the market combined with teenagers and adults about to enter new colleges and workspaces respectively. Availability of 3D screens for virtual-reality (VR) games is expected to pave open new revenue pocket for the Global Smartphone Screen Protector Market.

Segmentation:

By Materials, the Smartphone Screen Protector Market is segmented into polyethylene terephthalate (PT), thermoplastic polyurethane (TPU), and glass.

Types of Protectors in the market include 9H tempered glass, 2D, 2.5D, and 3D.

Various sizes discussed in the report include 0.48 mm, 0.33 mm, 0.21 mm, and 0.26 mm. The 0.21 mm size is expected to fetch in maximum returns for the market due to its high strength and low thickness.

Applications include smartphones and tablets. The former is expected to dominate the market till 2023 and touch a valuation of USD 32 million by 2023. Sales of smartphones as well as access to various features can drive the segment growth.

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Regional Analysis:

The segments covered in the Smartphone Screen Protector Market Report are analyzed with respect to five major regions – North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa (MEA), with respective country-level market sizing.

APAC is expected to dominate the market throughout the forecast period owing to maximum procurement of Smartphones. The Smartphone Industry can cater to huge demographics ranging from 18-60 years of age. The Regional Smartphone Screen Protector Market value can reach USD 18,493.4 million by 2023. It can exhibit a CAGR of 10.81% CAGR during the forecast period.

Europe had accounted for the second-largest market share accompanied by a value of USD 3,890.9 million in 2017. It can register a CAGR of 8.75% over the forecast period owing to huge sales of Smartphones. Inclination towards high-end Smartphones as well as development of VR-based games can attract audiences of all demographics. This can bode well for the Global Smartphone Screen Protector Market.

COVID-19 Study in Detail:

COVID-19 Impact Analysis on Aluminum Extruded Products Market @ https://www.marketresearchfuture.com/report/covid-19-impact-aluminum-extruded-products-market

COVID-19 Impact on Self-Healing Materials Market @ https://www.marketresearchfuture.com/report/covid-19-impact-self-healing-materials-market

COVID-19 Impact Analysis on Artificial or Synthetic Leather Market @ https://www.marketresearchfuture.com/report/covid-19-impact-artificial-synthetic-leather-market

NOTE: Our team of researchers is studying COVID-19 and its impact on various industry verticals and wherever required we will be considering COVID-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Email: Send Email
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Address: Market Research Future, Office No. 528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune – 411028, Maharashtra, India, +1 646 845 9312
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/smartphone-screen-protector-market-2101

Source URL: https://marketersmedia.com/smartphone-screen-protector-market-key-players-growth-trends-share-size-covid-19-impact-opportunities-and-forecast-2023/88964545

Source: MarketersMedia

Release ID: 88964545

Market Research Future published a research report on “Portable Electronics Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India – June 19, 2020 /MarketersMedia/ —

Market Overview

The global market for portable electronics can touch approx. valuation of USD 779.97 Billion by 2023, says Market Research Future (MRFR). MRFR also reveals that the market can potentially attain a growth rate of 8.87% from 2017 to 2023, which is the forecast period.

Top Drivers and Key Barriers

The global portable electronics market has gained massive traction across the globe on account of the expanding electronics industry. Portable electronics are lightweight, easy to carry and tiny devices that are faster, durable, and immune to external effects such as solar as well as electromagnetic fields. These appealing properties have led to its huge popularity and high sales in the market. The boosted demand and sale of the product is expected to induce the growth of the global Portable Electronics Market in the near future.

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The electronics industry, in line with the rising popularity of portable electronic devices, is moving towards ever-portable items. These are transportable operation devices that have the ability to function in almost every type of environment. Portable electronics have also penetrated the field of satellite, spacecraft, and military, used in the form of unmanned vehicles, portable soldier electronics, robotics, among others. Apart from this, remote surgical systems and surveillance systems are other types of portable electronics that are fast gaining strong foothold in the global market.

The worldwide market for portable electronics can note strong growth in the coming years, backed by the soaring demand for compact as well as lightweight electronic products along with the surging competition between commercialized technologies like LED, OLED and LCD. Accelerated demand for technically advanced wearable devices and the rising use of smart devices like smart glasses, smartphones, e-book or newspapers and smart watches are stimulating the growth of the Portable Electronics Market all over the world.

Global Portable Electronics Market – Segmentation

The market for portable electronics has been segmented into products and end-users.

Considering the product segment, the market consists of Personal Digital Assistant (PDA), Mobile Handsets, Media Players, Notebooks & Laptops, Digital Camera, Gaming Consoles, Flash Drives, Power Banks, Navigation Systems and Healthcare Devices among others. Given the surge in technological developments and the soaring demand for digitization, notebook and laptops, along with gaming consoles and media players can attain the fastest growth rate during the conjectured timeframe.
The end-users in the portable electronics market are Healthcare, Personal, Corporate and Industrial, among others.

Key Players

The prominent players in portable electronics market are – Apple, Inc. (U.S.), Dell, Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Toshiba Corporation (Japan), HP (U.S.), Nokia Corporation (Finland), Motorola Solutions, Inc. (U.S.), Eastman Kodak Company ((U.S.), Palm, Inc. (U.S.) among others.

Global Portable Electronics Market – Regional Analysis

North America, Europe, Asia Pacific (APAC) and the Rest-of-the-World (RoW) are the top markets for portable electronics, identified in the MRFR report.

North America can seize the largest share in the global portable electronics market during the review period, on account of the high concentration of leading electronics manufacturers. The surging demand for digital technologies coupled with the rising technological advancements also boosts the market demand in the region. The United States (U.S.) along with Canada has been identified as the most lucrative markets for portable electronics in the region. The region is known for possessing a highly-established infrastructure, which also induces market growth, as it allows use of advanced technologies.

Europe is the second-most profitable market for portable electronics across the globe and can achieve a strong growth rate from 2017 to 2023. Mobile phones remain the backbone of the overall portable consumer electronics market in the region. Wearables hold a lot of promise, since they are fast gaining traction in the electronics industry within the region.

APAC is set to grow into a highly lucrative market for portable electronics, and is on its way to garnering a strong CAGR by 2023. Thriving electronics markets, predominantly in India and China benefits the regional market to a great extent.

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About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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Source: MarketersMedia

Release ID: 88964547

Market Research Future published a research report on “Building Automation System Market Research Report – Global Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Pune, India – June 19, 2020 /MarketersMedia/ —

Market Overview

Market Research Future (MRFR), in its latest report on the global building automation system market 2020, discusses different factors that governs the market. A complete analysis of the COVID 19 impact on the building automation market by MRFR is offered along with the report. MRFR analysis data states that the building automation system global market is expected to rise 13% CAGR in the forecast period (2016-2022). By 2022, the Building Automation System Market value can attain USD 100 billion, states MRFR analysis.

The rise in awareness about the efficiency of building automation system and its associated systems can cause the expansion of the market across the review period. The increase in the application of building automation system for single purview and to ease monitoring and controlling process can prompt the expansion of the building automation market in the assessment period. The building automation system offers security, mechanical infrastructure, HVAC, humidity control, fire, and lighting services. In addition, the increase in the application of building automation system is increasing due to rise in smart building projects. Building automation system aids in the curbing the energy consumption by about 50% during construction activities. This is causing rapid replacement of traditional buildings. This can promote the expansion of the building automation system market in the review period. The expansion of the building automation system market can be attributed to the rise in use of IP-based communication and increase in pervasiveness of automation, plus the increase in application of internet of things (IoT).

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Key Players:

Some of the major players in Global building automation system market includes ABB Ltd. (Switzerland), Cisco Systems, Inc. (U.S.), Robert Bosch GmbH (Germany), Siemens AG (Germany),Crestron Electronics, Inc. (U.S.), Delta controls, Inc. (U.S.), Rockwell Automation (U.S.), Schneider electric SE (France), General electric (U.S.), Honeywell International Inc. (U.S.), Lutron Electronics Co., Inc. (U.S.) and others.

Segmentation:

The segment evaluation of the global building automation system market is done by end-users, network connectivity, and product.

The network connectivity based segments of the global building automation system market are wired and wireless network.
The product based segments of the building automation system market are HVAC control systems, light control systems, fire protection systems, surveillance systems, and management software. The Surveillance systems segment can generate high revenue due to the rise in popularity of surveillance system in urban areas as an increase in the number of criminal activities is observed.
The end-users based segments of the building automation system market are residential, commercial, and industrial. The increase in shopping complexes that are adopting building automation system is resulting in the commercial segment to gain significant traction, which can promote the expansion of the market in the assessment period.

Regional Analysis:

In North America, the building automation system market is likely to generate the highest revenue in the assessment period. The increase in the adoption of building automation systems in the construction industry due to rise in new buildings can impel the expansion of the market across the assessment period. In Europe, the rapid implementation of modern construction technology and high inclination towards automated solutions can promote the building automation system market in Europe. In APAC, the building automation system is expected to become the rapidly growing region for the market in the years ahead. The rise in the adoption of building automation system market in developing economies can cause a considerable rise in the revenue generation for the regional market across the analysis period.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Source: MarketersMedia

Release ID: 88964543

The COVID-19 pandemic disruption is estimated to transform the Procurement as a Service Market in the years to come drastically, and its after-effects will be persistently seen in the years ahead.

Pune, India – June 19, 2020 /MarketersMedia/ —

Procurement as a Service Market

Companies in the Mixing Vessels market are facing issues in keeping their production facilities fully functional due to shortage of staff and resources amidst the COVID-19 (Coronavirus) outbreak. Get a hands-on over key drivers and threats to the Procurement as a Service Market to make your company future-ready post the pandemic. Avails out reports for exciting prices to learn new opportunities that companies can capitalize on during and after the Coronavirus crisis.

All enterprises utilize procurement services and have traditionally managed them in-house. The changing economic landscape with its emphasis on e-procurement, supply chain management, and efficient p2p systems has made it more cost-effective to outsource these services to businesses dedicated to providing procurement solutions.

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As this industry grows, it becomes more cost-effective for all businesses to avail procurement services and that is a big factor in this market’s growth.

An excellent supporting infrastructure is provided by various IT companies who have expanded their profile to offer procurement services with the largest enterprises setting up their own procurement service units.

MARKET USP

An increasing number of enterprises outsourcing all their procurement services related requirements to third-party vendors leading to rapid market growth.

SEGMENTATION

By Component

Strategic Sourcing: The largest market by segment. Strategic sourcing overlooks the collation of information pertinent to an organization to maximize its profitability. It is utilized by all the industries across sectors.

Spend Management: This is the fastest-growing segment. Spend management is critical for BFSIs, utilities, and healthcare, among others. Spend management analyzes the entire spending profile of an organization to make it more streamlined and cost-efficient.

Category Management: Category management is what has allowed Wal-Mart and Amazon to dominate the retail sector. Category management benefits businesses of all sizes and with its sphere of application encompassing virtually all industries, this segment is slated to grow.

Process Management: With an overarching aim to align and attune an organization’s entire machinery to the goals of the organization, process management is an excellent way for an enterprise to shape up and eliminate all wasteful procedures and ventures. Essential for enterprises which offer many services and products.

Transaction Management: IT, travel, hospitality, and banking place emphasis on transaction management.

Regional analysis

North America: The largest regional market for procurement as a service, North America has a well-entrenched services industry, a high degree of digitalization, and a highly competitive business environment, all factors which serve to drive the procurement as a service market.

US: Most of the leading companies providing procurement as a service are headquartered in the US. The procurement as a service market has percolated to all manners of enterprise across all business verticals. Services now make up 80% of the USD 21 trillion US economy with most of the rest being industry. Both these sectors benefit hugely from procurement as a service and that acts as a driver for the market in the US.

Europe: The European Union comes in slightly behind the US to be the second-largest economy in the world. Highly digitalized and very efficiently regulated, the European economy must utilize procurement as a service in order to compete with the other economies.

UK: London is Europe’s largest financial center with more than 11% of British tax coming from its financial services sector in 2012, a number that has increased in recent years. The BFSI sector critically requires procurement services, a fact which is aiding in the growth of that market within the UK.

Germany: Germany had the world’s biggest trade surplus in 2016 as well as being the third-largest exported that year. Germany continues to be a prime manufacturing hub. Procurement services are essential for the German manufacturing industry as well as to its huge services sector. This will drive the market for procurement as a service in Germany for the forecast period.

Asia-Pacific: Asia-Pacific has some of the world’s fastest-growing economies and that is causing this region to register the fastest growth for procurement as a service market.

China: China is the world’s largest goods manufacturer and the largest economy by purchasing power parity. Its huge manufacturing industry (producing the most automobiles and most of the world’s steel, among others) must compete with some of the most evolved economies of the world which rely on procurement services to give them an edge. In order to maintain its economic growth, China is increasingly employing procurement services. Small and medium enterprises are slowly catching up and increasingly opting for procurement services as well.

South Korea: The fourth-largest economy within Asia, South Korea is increasingly looking to procurement services to enhance its economic edge and manage its manufacturing losses to neighboring China. Becoming more services-oriented, South Korea will have a further need for procurement services that will drive the procurement as a service market in the nation.

India: India is an emerging economic giant, registering the fastest growth of any nation in its services industry. The growth of the Indian economy is resulting in many huge corporations within the country that must compete with both domestic and international markets. Procurement as a service is not only increasingly adopted by Indian companies, some of the world’s foremost provides of procurement services are also headquartered in India.

Key Players

Accenture Plc
Infosys Ltd
GEP
Genpact LLC
Proxima Procurement Ltd

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Release ID: 88964507

The market data drafted in this report includes key market parameters such as market size, share, key drivers, vitamin D3 market trends, major key players, and leading brands present in the industry, which helps to accurately judge current competition situation.

New York, United States – June 19, 2020 /MarketersMedia/ —

Vitamin D3, a kind of vitamin D, is a fat-soluble vitamin and is also regarded as a hormone precursor that acts on calcium and phosphorus metabolism. It is mainly synthesized by the body. Human skin contains a type of cholesterol, which becomes vitamin D3 when exposed to sunlight. In addition, vitamin D3 can also be obtained from the foods of animals.

Although vitamin D3 can be synthesized by the human body after being irradiated by sunlight, ultraviolet radiation will cause skin cancer to rise, resulting in a reduction in the average sunshine time per person, so vitamin D3 is widely lacking. In addition, with a lot of in-depth research on vitamin D, the significance of vitamin D3 to health has been more widely recognized and has been confirmed in a large number of clinical trials. The rise of people’s awareness of health has further promoted the development of the vitamin D3 market.

Because of the impact of the global new coronary pneumonia epidemic, the cost of imported logistics has risen, which has affected the price of vitamin D3 raw materials. Due to the shortage of raw materials and delays in the resumption of work, the release of medical vitamin production capacity is limited, and the contradiction between supply and demand has intensified, resulting in an increase in the sales price of medical vitamin products.

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The Major Players Profiled in This Report Include:
Taizhou Hisound Pharmaceutical
Zhejiang Garden Biochemical High-tech
Kingdomway
NHU
DSM
BASF
Zhejiang Medicine
Fermenta

The upstream of the industrial chain of vitamin D3 is lanolin and cholesterol extracted from lanolin. NF-grade cholesterol is used to prepare vitamin D3, which is used to synthesize downstream products of different structures and concentrations according to different uses, and finally used in feed, medicine, and food additive industry. China Garden Biology Corporation is a global leader in the production of vitamin D3. The clear development strategy of the entire industrial chain established at the beginning of its establishment has brought garden biology key factors for its core competitiveness. Based on vitamin D3, Garden Bio is actively developing a complete upstream and downstream industrial chain of vitamin D3, which can simultaneously produce NF-grade cholesterol and vitamin D3 series products, and its production and sales are at the forefront of the vitamin D3 industry.

The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Vitamin D3 Oil
Vitamin D3 Powder
Vitamin D3 Crystallization

On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Food Industry
Pharmaceuticals Industry
Feed Industry

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Vitamin products are mainly used in medicine and feed. The products are irreplaceable, are rigid requirements, and have low downstream sensitivity. With the improvement of environmental protection requirements, feed additives are gradually developing in the direction of naturalization, organization, and functionalization, which further increases the demand for vitamin D3 market in the field of feed applications.

Due to the growing demand for animal feed, fortified foods, and growing raw materials, China and India are the two most favorable markets for vitamin D producers to expand. The Nordic countries have limited sunshine time, which is not enough for the human body to process vitamin D3 naturally. The extreme cold weather conditions in the Nordic countries (such as Iceland, Sweden, and Denmark) may increase the demand for vitamin D3 supplements.

Full Table of Content

Vitamin D3 Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Vitamin D3 Market by Types
Chapter 4 Segmentation of Vitamin D3 Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Vitamin D3 Market in Major Countries
Chapter 7 North America Vitamin D3 Landscape Analysis
Chapter 8 Europe Vitamin D3 Landscape Analysis
Chapter 9 Asia Pacific Vitamin D3 Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Vitamin D3 Landscape Analysis
Chapter 11 Major Players Profile
11.1 Taizhou Hisound Pharmaceutical

11.1.1 Taizhou Hisound Pharmaceutical Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Zhejiang Garden Biochemical High-tech

11.2.1 Zhejiang Garden Biochemical High-tech Profile and Recent Development

11.2.2 Market Performance

11.2.3 Product and Service Introduction

11.3 Kingdomway

11.3.1 Kingdomway Company Profile and Recent Development

11.3.2 Market Performance

11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures

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Vitamin D3 Report Provide:
Potential opportunities and challenges analysis in Vitamin D3 market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Vitamin D3 market and related industry.

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Release ID: 88964461