Monthly Archives: August 2021

Travel Insurance Market is set to register 12.5% CAGR through 2027; Global Market Insights Inc.

Travel Insurance Market is poised to grow with a lucrative CAGR from 2021 to 2027 due to the roll-out of various initiatives for the expansion of geographical footprint by major industry participants.

Selbyville, Delaware, United States – August 4, 2021 /MarketersMedia/

Travel Insurance Market demand is expected to witness significant growth through 2027 driven by the roll-out of various initiatives for the expansion of geographical footprint by major industry participants. Citing an instance, in February 2021, Arch Insurance launched a new program that enables brokers to rapidly price and buy business travel account policies for companies in the United States with up to 250 business travelers.

The global travel insurance market size is anticipated to surpass USD 45 billion by 2027, according to the latest research by Global Market Insights, Inc. Reportedly called the Arch BTAExpress, the initiative will utilize an underwriting and technology experience that will allow users to access pricing and binding of BTA policies, simple designs, and quotes that are usually furnished almost instantly. These features will facilitate a quicker process for brokers to help their clients along.

This growth is attributed to an escalation in the number of travelers who are opting for trips for adventure purposes comprising hiking, snorkeling, scuba diving, and others. An upsurge in the number of students seeking higher education abroad has also been instrumental in stimulating the demand for travel health insurance over the forecasted period.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:
https://www.gminsights.com/request-sample/detail/4908

Few prominent trends impelling travel insurance industry growth comprise:

Flourishing tourism sector in North America
The North America travel insurance market had a valuation of more than USD 5 billion in 2020 and is estimated to exhibit appreciable growth through 2027. This upsurge is on account of the thriving tourism industry in the region that attracts a number of international travelers every year.

In addition, the government of Canada is focusing on the expansion of the tourism sector for economic growth. Such initiatives are set to push the demand for travel insurance plans that provide financial security to tourists, bolstering travel insurance market share over the analysis period.

Rising demand for single travel insurance plans
The escalating demand for single travel insurance plan is due to the elimination of the requirement for purchasing separate plans for each family member for ensuring financial security on foreign trips. These travel insurance plans are poised to propel the travel insurance market share as they cover customers against losses arising from luggage loss, ticket cancellations, theft, medical costs, and hotel cancellations.

Furthermore, single medical travel insurance plans help in safeguarding child health from the impact of climate change during international trips as they cover the costs incurred in the event of such medical emergencies.

Increasing preference for multi-trip insurance policies
Multi-trip insurance policies are becoming increasingly popular as they eliminate the hassle of going for a separate plan for each trip. These policies are mainly preferred by business professionals who take several international trips for corporate meetings or deals.

Multi-trip insurance plans also cover expenses associated with luggage loss, last-minute trip cancellations, and medical expenses. Acknowledging this, numerous travel insurance companies have started offering multi-trip insurance policies for frequent travelers for securing a higher revenue in the travel insurance industry.

In a nutshell, the rising number of government programs for boosting international tourism will propel the growth of the travel insurance market through the forthcoming years.

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights Inc.
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Website: https://www.gminsights.com/pressrelease/travel-insurance-market

Source URL: https://marketersmedia.com/travel-insurance-market-is-set-to-register-125-cagr-through-2027-global-market-insights-inc/89040186

Source: MarketersMedia

Release ID: 89040186

Luxury Furniture Market is set to register 4.5% CAGR through 2027; Global Market Insights Inc.

Luxury Furniture Market will experience a dynamic growth between 2021 and 2027 propelled by increasing consumer spending on luxury products and home furnishing.

Selbyville, Delaware, United States – August 4, 2021 /MarketersMedia/

The luxury furniture market is expected to gain momentum through 2027 in view of increasing consumer spending on luxury products and home furnishing. Rise in disposable income has encouraged consumers to purchase high-quality, durable and trending household furnishing for their home. A report by the U.S. Department of Commerce and U.S. Census Bureau states that consumer retail spending was up 0.6% in August 2020, with furniture and home furnishings being the notable categories to outperform overall retail spending. The report added that furniture and home furnishing category did an estimated $10.23 billion in sales, up from $10.02 billion in July 2020.

Global Market Insights, Inc., projects that the luxury furniture market size is likely to exceed USD 28.41 billion by 2027. Some additive manufacturing companies are steadily leveraging 3D printing technology to develop new and complex furniture designs that limit wood wastage. Highlighting such an instance, in 2021, Forust, a subsidiary of 3D printing and rapid prototyping company Desktop Metal, was inaugurated with a vision to use 3D printing technology to upcycle wood waste from trees into luxurious, high-quality, end-use wood parts used in consumer goods and furniture.

Listed below are some factors that will influence the demand for luxury furniture:

Improving standard of living and urban lifestyle

Burgeoning demand for renovation activities, new constructions, and rising consumer spending on home enhancement will boost the demand for luxury furniture. Improving standard of living in the emerging economies has raised consumer spending on luxury homes and furnishing products. This trend is increasingly witnessed across countries like China, India, Brazil, and South Africa, regions that are the key contributors to the construction industry growth. Escalating constructions of hotels, clubs, restaurants, commercial complexes, and clubs may impel the demand for luxury décor furniture in the commercial sector.

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Emerging demand across offices

Establishment of commercial zones & IT parks is increasing the demand for efficient office furniture across the globe. Designer furniture such as tables and filing cabinets can improve the overall aesthetics of corporate and commercial spaces such as individual workstations, lounges, meeting rooms, and cafeterias. Some of the companies are specializing in offering such furniture are Herman Miller, Inc., MARIONI, Knoll, Inc., Godrej & Boyce Manufacturing Co., Ltd., Haworth Inc., Boca do Lobo, IKEA Group, Brabbu, Kohler, Furniture Concepts, HNI Corporation, and Bentley Home.

Presence of luxury furniture brands in North America

The North America market is projected to rise with a 4.4% CAGR between 2021 and 2027. The regional market growth will be majorly attributed to improving consumer spending on home improvement. According to a latest Harvard University report, the U.S. market for home improvement is currently valued at over $400 billion annually. The rising demand for the development of new construction of residential and commercial buildings will nurture luxury furniture businesses. Some of the prominent furniture brands operating in North America include Stickley, Floyd, Simplicity Sofas, Vermont Woods Studio, Eastvold Furniture, Vaughan-Bassett, The Joinery.

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights Inc.
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Website: https://www.gminsights.com/pressrelease/luxury-furniture-market

Source URL: https://marketersmedia.com/luxury-furniture-market-is-set-to-register-45-cagr-through-2027-global-market-insights-inc/89040182

Source: MarketersMedia

Release ID: 89040182

Used Cars Market Trends 2021-2027; Top 3 trends transforming industry outlook

Used Cars Market will see noticeable growth over 2021-2027 driven by availability of online portals have boosted sales and purchase of used cars lately.

Selbyville, Delaware, United States – August 4, 2021 /MarketersMedia/

Used Cars Market size is anticipated to reach over USD 1.5 trillion by 2027, as per Global Market Insights Inc. report. Availability of online portals have boosted sales and purchase of used cars lately. Online portals such as websites and smartphone apps help buyers to compare and purchase used cars. Features offered like easy financing options and comparison of two different cars have provided multiple growth opportunities in the used cars industry. Used cars are more affordable as compared to a newly purchased one. The price difference between the two could be as big as over 50%.

However, the industry was impacted severely during the first and second quarter of 2020 given to the COVID-19 pandemic. Strict lockdowns imposed by the government have affected the overall revenue of the industry. However, as things were getting normalized, the market has seen an upward trend owing to rising demand for personal mobility solutions. Norms like social distancing and emphasis on personal health have impacted the sales of used cars during the pandemic.

Mentioned below are some of the trends that may support used cars market expansion:

Presence of independent dealers
The presence of a large number of independent dealers in various countries worldwide will offer a lucrative growth opportunity for the used car industry. Independent dealers offer various benefits to the customers and are capable of generating better sales revenue. They offer refurbished cars integrated with in-car entertainment systems. They also offer customers with a wide range of vehicles of many big brands.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:
https://www.gminsights.com/request-sample/detail/5019

Rising demand for used cars in APAC
The Asia Pacific used cars industry is projected to showcase stellar growth in the estimated timeframe. Presence of large number of IT companies requiring cab services for employees and the expansion of used car trading services in China and India may favor this growth. Traders of used-car are offering a variety of technology-enabled tools such as mobile-based applications and virtual online outlets for tracking car performance in the region. Rising adoption of these technologies will contribute towards escalating the market development.

Robust investments by used car dealers
Companies like Carvana, Group 1 Automotive Inc., CarMax Inc., Asbury Automotive Group Inc., Emil Frey AG Lookers PLC, Mahindra First Choice Wheels Ltd., Arnold Clark Automobiles Ltd., and Maruti Suzuki are offering used car services. These firms are taking strategic initiatives like partnerships, mergers, and collaborations to improve their service offerings. In January 2020, Edmunds Inc. and CarMax Inc. partnered, with an investment of USD 50 million. The partnership aided the company to boost its digital presence in the industry.

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights Inc.
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Website: https://www.gminsights.com/pressrelease/used-cars-market

Source URL: https://marketersmedia.com/used-cars-market-trends-2021-2027-top-3-trends-transforming-industry-outlook/89040188

Source: MarketersMedia

Release ID: 89040188

Particle Board Market Report 2021-2026: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast

The global particle board market reached a value of US$ 21 Billion in 2020 and expects the market to grow at a CAGR of 4.4% during 2021-2026.

Sheridan, United States – August 4, 2021 /MarketersMedia/

According to the latest report by IMARC Group, titled “Particle Board Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global particle board market reached a value of US$ 21 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.4% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Report Sample:
https://www.imarcgroup.com/particle-board-market/requestsample

Particle board, or low-density fiberboard (LDF), is made from wood chips, sawdust, sawmill shavings, synthetic resin, or other suitable binders, which are extruded and pressed. Numerous product variants are available based on size, the geometry of particles, density, and amount of adhesive used. Particle boards are affordable, easy to install, lightweight, have a uniform surface, provide aesthetic value, etc. They are extensively used as building materials for infrastructure, furniture, and concert venues and recording studios.

The expanding construction industry represents one of the primary factors driving the market for particle boards. This material is environmentally friendly and requires minimal maintenance. Furthermore, particle boards have thermo-acoustic insulation properties and can be used in speakers and false ceilings of theaters, auditoriums, etc. Besides this, particle boards find wide applications in windows, kitchen cabinets, modular partition systems, doors, window/ floor coverings, etc., which is catalyzing the market growth. Additionally, improving living standards and shifting consumer preferences are encouraging consumers to opt for furniture made with particle boards, which will continue to strengthen the market growth in the coming years.

Particle Board Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global particle board market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the global particle board market on the basis of sector, application and region.

Breakup by Sector:

• New Construction
• Replacement

Breakup by Application:

• Residential
Commercial

Breakup by Region:

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East and Africa

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/particle-board-market
Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group
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Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
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Source URL: https://marketersmedia.com/particle-board-market-report-2021-2026-global-industry-trends-share-size-growth-opportunity-and-forecast/89040173

Source: MarketersMedia

Release ID: 89040173

Patient Engagement Solutions Market 2021-26: Industry Share, Size, Share, Trends And Research Report

The global patient engagement solutions market exhibited strong growth during 2015-2020

Sheridan, United State – August 4, 2021 /MarketersMedia/

According to the latest report by IMARC Group “Patient Engagement Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global patient engagement solutions market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026.

Patient engagement solutions stand for a system that combines patient activation with interventions for improving health outcomes and offers better patient care at lower costs. These solutions also allow healthcare professionals to establish communication with their patients by using an online portal. Patient engagement solutions utilize various technologies, such as portal and automated messaging, while ensuring patient satisfaction, service and safety quality.

Market Trends:

The increasing awareness regarding mobile health among the masses is primarily driving the global patient engagement solutions market. Mobile or electronic health platforms provide patients with helpful information at every interaction, create trigger-based appointments or prescription refill reminders, send periodic healthcare tips and offer post-diagnosis notes. Besides this, governments of several nations are providing incentives to digitally transformed healthcare services which in turn is providing a positive outlook to the market. Furthermore, with the growing technological advancements, companies are increasingly investing in innovative cloud or web-based patient-centric engagement solutions that assist in improving the patient healthcare experience by creating efficient operations by changing payment methods, models and regulations, and lowering the cost of health plans. All the above-mentioned factors are anticipated to further bolster the market growth in the coming years.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/patient-engagement-solutions-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

AdvancedMD (Global Payments Inc.)
Allscripts Healthcare Solutions Inc.
Athenahealth Inc.
Cerner Corporation
EMMI Solutions LLC (Wolters Kluwer N.V.)
Epic Systems Corporation
GetWellNetwork Inc.
Lincor Solutions Limited
McKesson Corporation
Medecision Inc. (Health Care Service Corporation)
Orion Health Ltd.
Phytel Inc. (International Business Machines Corporation).

For more information about this report visit: https://www.imarcgroup.com/patient-engagement-solutions-market

The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.

Breakup by Therapeutic Area:

Chronic Diseases
Obesity
Diabetes
Cardiovascular
Others
Fitness
Women’s Health
Mental Health
Others

Breakup by Application:

Social Management
Health Management
Home Healthcare Management
Financial Health Management

Breakup by Component:

Software
Services
Hardware

Breakup by Delivery Type:

Cloud-based
On-premises

Breakup by End User:

Payers
Providers
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Group
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Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Source URL: https://marketersmedia.com/patient-engagement-solutions-market-2021-26-industry-share-size-share-trends-and-research-report/89039927

Source: MarketersMedia

Release ID: 89039927

TYS Entertainment Announces the Release of “Take Your Soul” Album by ICE

TYS Entertainment is thrilled to announce that “Take Your Soul,” by ICE will be available on August 6, 2021

United States – August 4, 2021

Every day, across all quarters of the music industry in the United States, new music or album is being released. Unfortunately, most of them are poor-quality releases as artists seek to be edgy but miss the mark completely.

Today, TYS Entertainment has announced that the artist has completed work on his upcoming album, “Take Your Soul,” and fans should expect the project to be available on all digital streaming platforms on August 6, 2021. The album can be pre-saved on Spotify via https://distrokid.com/hyperfollow/Ice21/take-your-soul.

Hailing from Los Angeles, California, ICE started making music while he was a sophomore in high school after being inspired by the music and artistry of the late Notorious B.I.G Ice, like all true artists, uses his story to fuel his music and ultimately his success. ICE’s first official release was “Almost There,” which dropped in 2008 and was produced by Yeme Beatz.

The versatile rapper and trap artist never had it rosy as he experienced various levels of struggle. The most daunting is probably fighting leukemia, an autoimmune disease, for eighteen years of his life. Not only was he in a lifelong fight, but ICE had a determination to win and has since won that fight. During that time, Ice also found himself caught up in the hustle of street life, which took a toll on his music. “I lost a lot of time, but I’m back now and ready to take over,” he asserts.

ICE is not only an artist but a creator, fusing his music with personal life experiences. He mentions that listeners of his music can expect the truth, stating that he makes his music about his struggles and losses.

Soon, ICE plans to introduce the world to his clothing brand TYS, as he continues to release more original singles and music projects for his fans. Be sure to follow the journey of ICE, his music, and his creations on all his social media platforms. Visit https://solo.to/tyse.n.t to get ICE’s “Take Your Soul” album when it drops on August 6.

Contact Info:
Name: Heladio Garcia
Email: Send Email
Organization: TYS Entertainment
Phone: 6264652324
Website: https://solo.to/tyse.n.t

Release ID: 89040275

“Butterfly Rising” Celebrates #1 Best Seller Success While Helping People Heal from Codependency

Gail Ferguson Jones, founder of Urbane Communications, LLC launches her book, “Butterfly Rising,” and hits number one for new releases on Amazon. The book shares her journey from codependency to healing and freedom in her life, in hopes to help others overcome the same.

Somerset, United States – August 4, 2021 /MM-VG/

Gail Ferguson Jones recently released her book, “Butterfly Rising: A Journey to Love, Healing and Freedom from the Cocoon of Codependency,” to help others overcome codependency. The book launched on July 20, 2021 and became a number one best seller.

Jones wrote the book to help the one out of eight families, including one in four children, who are living in the chaos and dysfunction of a loved one’s drug or alcohol addiction. This is a family disease that leads co-addiction, also known as codependency.

After witnessing the demise of her dearest loved ones to alcoholic addiction, Jones realized she had carried the trauma into adulthood, eventually being diagnosed with post traumatic stress. She learned that many of the health issues in her 40s also stemmed from issues with the alcoholics in her life. Her recovery led to improved health and a new career as a Certified Peer Recovery Coach. This pushed her to write her book to give others the gift of getting their health and life back. People needed to know that they could let go of fear and free themselves from feelings of victimization so that they could reclaim their peace of mind, health and well-being.

Jones wanted people to know that seeking help is the addict’s choice alone, that family members need to get educated about addiction and the ways they may be enabling the problem, and they must recognize their own codependency which keeps them frustrated, resentful and sickened by shame and blame.

“She shares her journey through a lens of such grace, it allows others the beautiful glimpse of hope that awaits them and all of us. This book should be in the hands of everyone who faces these challenges.” ~ Kate Duffy, CEO & Founder, Tipping Point Recovery, Inc.

“The best part of the book is where she describes her awakening and how she put an end to her suffering by taking charge of her life. It is an inspiring story of hope, about how people can overcome the intergenerational family patterns of alcoholic families. I highly recommend this book.” ~
Barry Weinhold, Psychologist

“The pain and hopelessness suffered by the loved ones of alcoholics is only made worse when they follow their natural instincts to control the drinking and recovery. Gail has transformed her experiences into empathy and understanding that serves as a roadmap to those who find themselves in similar situations.” ~ Matt Salis Author, “soberevolution;” Host, Untoxicated Podcast C

Gail Jones Jones is the founder of Urbane Communications, LLC where she writes, coaches and runs her podcast. She is a certified peer recovery coach through the globally-recognized Connecticut Community for Addiction Recovery (CCAR) and the New Jersey Prevention Network. She completed her apprenticeship with Tipping Point Recovery of Rhode Island and is an award-winning journalist, public speaker and world traveler.

Jones’s Certified Peer Recovery Coaching Program is called Buttrfly (cq) Effect, through which she offers one-on-one coaching to those struggling with the addiction of a loved one. She guides codependents as someone with a shared experience, not as a trained clinician.

The Buttrfly Effect Podcast, is available on Apple/iTunes, Stitcher, Spotify and other platforms.

Contact Info:
Name: Gail Ferguson Jones
Email: Send Email
Organization: Urbane Communications, LLC
Phone: 732-991-4913
Website: http://www.buttrflyeffect.com

Video URL: https://www.youtube.com/watch?v=PUh7SsMGQUo

Source URL: https://marketersmedia.com/butterfly-rising-celebrates-1-best-seller-success-while-helping-people-heal-from-codependency/89039024

Source: MM-VG

Release ID: 89039024

Health Insurance Market 2021-26: Industry Share, Size, Share, Trends And Research Report

The global health insurance market grew at a CAGR of around 5% during 2015-2020

Sheridan, United State – August 4, 2021 /MarketersMedia/

The health insurance market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026.

Health insurance refers to a type of insurance that periodically charges a predefined amount from the individual and pays for medical and surgical expenses incurred by the policyholder in case of a medical emergency. A health insurance plan usually covers services such as diagnosis and treatment for chronic ailments, psychiatric care, emergency evacuation, in-patient and out-patient treatment, maternity, dental care, etc. Nowadays, several health insurance companies offer health coverage, wherein medical supervision is provided at home for specific ailments.

Market Trends

The rising costs of healthcare services, along with the increasing prevalence of cancer, stroke, kidney failure, etc., are primarily driving the demand for health insurance policies. Moreover, the governing agencies across several countries have launched regulatory norms that mandate employers to provide health insurance to their employees. Besides this, with the sudden outbreak of COVID-19, there is an escalating demand for health insurance coverage, which in turn is propelling the market on a global level. Other factors, like growing health awareness, improving healthcare infrastructures, and reduced hassle in insurance claiming process, will continue to further augment the market for health insurance policies in the coming years.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/health-insurance-market/requestsample

Global Health Insurance Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

CVS Health Corporation (“CVS Health”), AIA (1299.HK)(AAGIY), ALLIANZ SE (ALV.DE), AVIVA PLC ORD 25P (AV.L), Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), Cigna Corporation (CI), International Medical Group Inc. (Sirius International Insurance Group Ltd.), Prudential Plc, United Health Group Inc. and Zurich Insurance Group AG.

The report has segmented the market on the basis of Provider, Type, Plan Type, Demographics, Provider Type, End Use and Region.

Breakup by Provider:

Private Providers
Public Providers

Breakup by Type:

Life-Time Coverage
Term Insurance

For more information about this report visit: https://www.imarcgroup.com/health-insurance-market

Breakup by Plan Type:

Medical Insurance
Critical Illness Insurance
Family Floater Health Insurance
Others

Breakup by Demographics:

Minor
Adults
Senior Citizen

Breakup by Provider Type:

Preferred Provider Organizations (PPOs)
Point of Service (POS)
Health Maintenance Organizations (HMOs)
Exclusive Provider Organizations (EPOs)

Breakup by Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Related Report

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Indian vaccine market: https://www.imarcgroup.com/indian-vaccine-market

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Source URL: https://marketersmedia.com/health-insurance-market-2021-26-industry-share-size-share-trends-and-research-report/89039919

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Release ID: 89039919

Connector Market Share 2021 | Industry Analysis and Forecast to 2026

Prominent connector suppliers include Foxconn Technology Group, YAZAKI Corporation, Aptiv PLC, TE Connectivity

Delaware, United States – August 4, 2021 /MarketersMedia/

Citing one of the recent product releases in the global connector market, GCT has rolled out two USB Aconnectors having improved current rating and extended mating cycles over standard products. TheUSB1135 and USB1130 are the latest additions to the company’s USB range and are considered suitable forhigh traffic and fast charging applications.

While the USB1135 is a 3.0 connector tested to 20,000 mating cycles, the USB1130 is a USB A 2.0 variant that has been tested for around 10,000 cycles. This has been achieved due to enhanced retention forces owing to stainless steel construction utilized for the shell of each connector. This makes the USB1135 two times durable as compared to the standard USB A 3.0 and the USB1130 up to six times durable in comparison to the standard USB A 2.0.

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Similar developments by key connector suppliers are slated to escalate connector industry growth through the coming years. According to the latest research by Global Market Insights, Inc., the global connector market size is estimated to surpass USD 75 billion by 2026.

This surge is primarily ascribed to the rising demand for network bandwidth and the paradigm shift towards industrial automation. Prominent connector suppliers include Foxconn Technology Group, YAZAKI Corporation, Aptiv PLC, TE Connectivity, Amphenol Corporation, and others.

A remarkable shift towards industrial automation, as well as initiatives such as Industry 4.0, are further touted to propel connector cables installation through the estimated period. The flourishing telecom and automotive sectors are additionally expected to drive the adoption of different types of connectors for electrical and electronic devices, impelling revenue expansion over the forecasted span.

Few major trends driving connector market growth comprise:
Surging demand for high-speed data services to push global connector industry outlook The rising inclination of users towards peripheral devices is set to escalate the demand for high-speed data services, in turn influencing connector market expansion through the coming years. High reliability coupled with significant data transmission capabilities are some of the prominent features of numerous types of connectors used in peripheral devices and modern computers.

The transmission rates amounting to 40 Gbit/s are presently being developed for cable based electrical connectors owing to the rise in computer users at the global level. These advancements are likely to escalate connector market size through the estimated span.

Increasing investments toward infrastructure development to boost MEA connector market expansion Surging number of investments towards infrastructure development from financial institutions comprising IMF, World Bank, and African Development Bank will influence Middle East & Africa connector market growth over the anticipated period.

Further, the increasing number of investments in fiber optics network coupled with a surge in vehicle components manufacturing will foster the growth of connectors market across the region.

The Middle East & Africa connector market is projected to witness a commendable CAGR of more than 5 per cent through 2026. The intensification of investments in the telecommunication sector across the MEA is touted to stimulate the connector business landscape over the analysis period.

Shifting consumer preference towards high bandwidth communication to escalate fiber optic connector market share Shifting consumer inclination towards high bandwidth communication is estimated to augment fiber optic connector market size through the forecasted span. These connectors are utilized for the minimization of electromagnetic interference, maximizing the speed of data transmission, further stimulating revenue expansion.

The increasing FDI across developing nations for the development of telecommunication infrastructure is set to drive fiber optic connector business growth through the assessment period. In the years to come, growing number of internet users coupled with favorable regulatory telecom policies will stimulate connector industry expansion, in turn augmenting revenue growth to a remarkable extent.

About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision-making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Source URL: https://marketersmedia.com/connector-market-share-2021-industry-analysis-and-forecast-to-2026/89040161

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Release ID: 89040161

Automotive Data Cables Market is set to register 6% CAGR through 2027; Global Market Insights Inc.

Automotive Data Cables Market is anticipated to witness healthy growth during 2021 to 2027 on account of ongoing technological advancements in in-vehicle infotainment systems coupled with increasing integration of safety systems in vehicles.

Selbyville, Delaware, United States – August 4, 2021 /MarketersMedia/

Automotive data cables market revenue is projected to surpass USD 9 billion by 2027, according to Global Market Insights Inc. Ongoing technological advancements in in-vehicle infotainment systems coupled with increasing integration of safety systems in vehicles is set to open lucrative market growth opportunities. These systems require efficient and reliable data connectivity which is driving the adoption of automotive cable solutions. Besides, rising integration of advanced sensors, assistance and safety systems in vehicles is fueling the installation of high-speed vehicle data transmission systems.

In addition, burgeoning demand for efficient data transmission and integration between automobile components including telematics, chipsets, etc., is fostering the automotive data cables industry growth. These cables also find extensive application in the automotive industry for component integrations for supporting Car-to-X communication.

Strategic initiatives by industry players

Key players operating in automotive data cables market such as ACOME Group, Condumex S.A. de C.V, Belden Incorporated, HUBER+SUHNER AG, General Cable Technologies Corporation, etc. are focusing on strategic initiatives such as mergers, acquisitions and product launches to strengthen their market presence. For instance, in 2020, leading manufacturer of automotive components, HUBER+SUHNER launched a new robust and flexible RADOX technology based FLEX high voltage cable. Apparently, this product launch enabled the company to expand its portfolio for electric vehicle (EV).

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Heightened application of Controller Area Network (CAN) cable

Controller Area Network (CAN) type of automotive data cables are predominantly used for in-vehicle electronic networking. Vehicle manufacturers use these cables to provide uninterrupted communication between microcontrollers and devices by eliminating the requirement for host computer. Besides, the increasing adoption of connected electronic devices for facilitating point-to-point wiring systems is impelling the demand for CAN cables significantly.

Growing installation in passenger vehicles

Automotive data cables are observing higher adoption in passenger vehicles owing to increasing installation of advanced in-vehicle infotainment systems in this vehicle segment. Quoting an instance, in 2019, automotive equipment manufacturer, Denso Corporation announced partnership with Blackberry Limited to jointly develop high-end Human Machine Interface (HMI) based cockpit system. Moreover, the ongoing trend of advanced in-vehicle experience is the major factor propelling the industry growth.

Rising demand for safety & ADAS application

With increasing road accidents and casualties, automotive companies are focusing on incorporating advanced safety and ADAS systems in their vehicles. These systems require an efficient medium for high-speed data transmission to ensure quick response from vehicle systems. And in this regard, automotive data cables are an inevitable component as they ensure efficient working of the overall safety & ADAS system.

Increasing popularity of C-V2X technologies in North America

Rising deployments of C-V2X technologies coupled with increasing penetration of electric vehicles has evoked the demand for automotive cables in the North America region. To illustrate, in 2020, the Virginia Department of Transportation, Audi America and Qualcomm Technologies Inc., jointly deployed C-V2X technology-based communication infrastructure in Virginia, U.S. In addition, regional enterprises, such as Tesla Inc. and Microsoft Corporation are also emphasizing on ADAS systems & autonomous vehicles which is supporting the product adoption further. Considering these factors, North America automotive data cable market is projected to secure a substantial market share of more than 30% by 2027.

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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Source URL: https://marketersmedia.com/automotive-data-cables-market-is-set-to-register-6-cagr-through-2027-global-market-insights-inc/89040171

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Release ID: 89040171