Building Information Modelling Extraction SoftwareThe Building Information Modelling Extraction Software Market is estimated to reach USD 13,639 million by the end of 2028, expanding at a CAGR of 12.9% over the forecast period (2021-2028).The factors driven the growth of Building Information Modelling Extraction (BIM) Software Market includes rising trend of Work from Home (WFH), emerging need for smart hospital management, rise in the number of residential apartments and educational institutes and rapid growth in the construction activities around the world. According to the report published by Statista, the Global Construction Market was valued around USD 6.4 trillion in 2020 and is projected to reach USD 14.4 trillion by the end of 2030, which is expected to boost the market size the approaching years. Moreover, the increasing investments by Governments on smart city projects, growing adoption of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) by the major corporations and rising use of BIM software for cost estimation, are some of the additional factors supplementing the market growth. In addition, growing demand for green buildings, rise in research and development activities, improvements in the living standards, rapid urbanization and increasing disposable incomes, are further contributing to the market growthRequest a free sample of this reportHowever, the growth of Building Information Modelling Extraction Software Market is hindered due to high installation of BIM software.The prominent players operating in the Building Information Modelling Extraction Software Market are Autodesk Inc., Trimble Solutions Corporation. AVEVA Group plc, Bentley Systems, Safe Software Inc, Vectorworks, Inc., Microsoft Corporation, FARO, Proactive Software Ltd., Nemetschek Group and Bentley Systems, Inc. among others.Deployment Mode – Segment AnalysisBased on Deployment Mode, the On-premises segment is projected to expand at a significant CAGR during the forecast period attributed to its increasing application in healthcare sector and residential areas.Component – Segment AnalysisBased on Component, the Software segment is anticipated to grow at a remarkable CAGR over the forecast period because the BIM software assists engineers and Architecture professionals to align different construction processes.Regional – Segment AnalysisAs per the Building Information Modelling (BIM) Extraction Software Market Global Industry Report, the Asia-Pacific region is anticipated to capture a prominent market share during the forecast period. Rise in the number of smart city projects in India, Malaysia, Singapore, and China, increasing Foreign Direct Investments (FDI) inflows in the construction sector, growing number of educational institutes and hospitals, rapid urbanization and high population density, are some of the important factors propelling the market growth in Asia-Pacific.Market SegmentationGlobal Building Information Modelling (BIM) Extraction Software Market by Deployment ModeCloudOn-premisesGlobal Building Information Modelling (BIM) Extraction Software Market by ComponentSoftwareServicesGlobal Building Information Modelling (BIM) Extraction Software Market by End-useRail Transit and AviationEducational Institutes and Commercial SpacesRoads, Bridges, and HighwaysHouses and ApartmentsFactories and WarehousesGovernment BuildingsOthersGlobal Building Information Modelling (BIM) Extraction Software Market by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

Textiles MarketThe Textile Market was estimated around USD 957.3 billion in 2020 and is expected to reach USD 1,350.9 billion by the end of 2028, expanding at a CAGR of 4.4% during the forecast period (2021-2028).The factors driving the growth of Textile Market includes expansion of the e-commerce industry, rise in the construction of bridges, buildings, and roads, increasing use of natural fibers in the manufacturing of garments and apparels and growing adoption of technical textiles in the farming activities around the world. According to the report published by Statista, the Global Apparel Market was estimated around USD 1.5 trillion in 2021, and is predicted to reach USD 2 trillion by the end of 2026, which will boost the Global Textile Market in the approaching years. Moreover, the trending concept of smart textiles, innovations in the tech-infused wears, increasing application of textiles in the transportation and medical sector and rise in Free Trade Agreements (FTA) across the globe, are some of the additional factors supplementing the Textile Market share. In addition, the increasing investments by leading players on research and development, rising disposable incomes and rapid urbanization, are further contributing to the market growth.Request a free sample of this reportHowever, the growth of Textile Market is hindered attributed to high cost of raw material and toxic waste generated from the production from the production center.The leading players operating in the market are DuPont, Paramount Textile Limited, Shandong Jining Ruyi Woolen Textile Co., Ltd, Kimberley Clark Corporation, Lenzing, Ontex, Aditya Birla Ltd., Precot, Meridian and Berry Global Group, among others.Raw Material: Segment AnalysisBased on Raw Material, the Cotton segment is predicted to capture the largest market share during the forecast period. The increasing use of cotton to manufacture winter wears, carpeting and blankets because it absorbs order and noise efficiently in heavy machines, is the major factor responsible for the segment’s growth.Regional: Segment AnalysisBased on Region, the Asia-Pacific region is anticipated to hold the highest market share over the forecast. Rise in the sales of clothing apparels through e-commerce platforms, increasing Foreign Direct Investments (FDI) inflows in the textile industry, growth in the number of FTAs signed between different Governments, rapid urbanization and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific.Market SegmentationGlobal Textile Market by TypeCommercialNon-CommercialGlobal Textile Market by Raw MaterialCottonWoolSilkSyntheticOthersGlobal Textile Market by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

Railway Telematics MarketThe Railway Telematics Market is expected to reach USD 18,747 million by the end of 2028, growing at a CAGR of 7.5% over the forecast period (2021-2028).The factors driving the growth of Railway Telematics Market includes rise in the construction of smart cities around the world, growing adoption of telematics systems by insurance and fleet management companies, to monitor location of the vehicle and increasing demand for safe and efficient transportation systems. According to the report published by Bloomberg, the Global Smart City Market was estimated around USD 390.13 billion in 2021 and is predicted to reach USD 1874.83 billion by the end of 2029, growing at a CAGR of 21.68% over the forecast period (2022-2028), which will boost the Railway Telematics Market size in the approaching years. Moreover, rising popularity of advanced technologies such as integrated service management, predictive analytics, and automatic stock control systems and Government initiatives for modernizing the railways, are some of the additional factors supplementing the market growth. In addition, emerging need to improve the freight transportation services, digitalization of railcar tracking, increasing investments by major corporations on research and development, rising disposable incomes and rapid urbanization, are further contributing towards the market growth.Request a free sample of this reportHowever, the growth of Railway Telematics Market is hindered due to growing concerns related to data privacy and security.The major players operating in the market are Railnova, Trinity Industries, Savvy Telematics, Siemens AG, Hitachi Ltd., Robert Bosch, Intrex Telematics, Knorr-Bremse, Alstom SA and Intermodal Telematics, among others.Based on Solution, the Rail Tracking & Tracing segment is estimated to expand at a significant CAGR over the forecast period The Rail Tracking & Tracing offers helps to detect collision and shock detectors aids in analyzing the approaching threats, are some of the features responsible for the segment’s growth.Based Rail Cars, the Hoppers segment is predicted to grow at a remarkable CAGR during the forecast periodThe increasing use of hoppers in the freight activities and transporting bulk commodities along with rise in the number of logistics and freight transportation companies, are some of the factors propelling the segment’s growth. Based on Region, the Asia-Pacific region is projected to capture the largest market share over the forecast period As per the Railway Telematics Market Analysis, increase in Government’s expenditure on modernizing railways, growing adoption of advanced safety systems in railways trains, rapid urbanization, rising disposable incomes and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific.Key Development:In 2021, Trinity Rail Group launched, Trinsight, which aims to provide real-time intelligence on the location and of the rail equipment.In 2021, Siemens AG announced digitalization of Finnentrop interlocking., which includes digitalizing switch points and derailers.Market SegmentationGlobal Railway Telematics Market by SolutionFleet ManagementAutomatic Stock ControlRemote Data AccessRail Tracking & TracingGlobal Railway Telematics Market by RailcarHoppersTank CarsWell CarsBox CarsRefrigerated BoxcarOthersGlobal Railway Telematics Market by ComponentTelematic Control UnitSensorsGlobal Railway Telematics Market by Region     Asia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

Beer MarketThe Beer Market was estimated around USD 630 million in 2019 and is predicted to grow at a CAGR of 5.2% over the forecast period (2020-2027).The factors driving the growth of Beer Market includes growing awareness amongst consumers about the health benefits of consuming beer, increasing popularity of alcoholic beverages amongst millennials and rise in the number of wine shops and liquor stores around the world. As per the report published by Federal Reserve Economic Data (FRED), revenue generated by beer, wine and liquor stores in the United States has increased from USD 3,707 million in February 2017 to USD 4,301 million in 2020, which is expected to boost the Beer Market share in the approaching years. Moreover, rise in the launch of innovative products, increasing availability of beer products at online platforms, growing consumers preference for preimmunized beers, are some of the additional factors supplementing the Global Beer Market. In addition, increasing investments by leading players on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.Request a free sample of this reportHowever, the growth of Beer Market is hindered due to strict regulations regarding the promotion of beer.The leading players operating in the Beer Market includes Pabst Brewing Company LLC, Molson Coors Beverage Company, Tsingtao Beer Trading Co. Ltd, SABMiller Plc, Ab Inbev SA, Carlsberg Breweries A/S, Asahi Group Holdings, Heineken N.V., China Resources Beer Company Ltd, and Boston Beer Company, Inc., among others.Based on Production, the Micro-Brewery segment is predicted to expand at a significant CAGR during the forecast periodAs per the Beer Market Research, growing demand for craft beers across the globe attributed to its health benefits along with environment friendly properties of microbreweries, are some of the factors responsible for the segment’s growth.Based on Packaging, the Canned Beer segment is predicted to grow at a remarkable CAGR over the forecast periodAccording to the Beer Market Analysis, canned packaging styles are increasingly preferred by manufactures because they are easy to carry and are safe for transportation, are the factors propelling the segment’s growth.Based on Region, the North American region is anticipated to hold the highest market share during the forecast periodAs per the Beer Market Report, rise in the number of microbreweries, growing demand for innovative beers, busy lifestyles, increasing acceptance towards beers in party and high per capita incomes, are some of the important factors augmenting the Beer Market size in North America.Key Developments:In 2021, Heinekin acquired Namibia Breweries Limited, Distell Group Holdings Limited, and Ohlthaver & List Group of Companies to expand its foothold in the Southern African market.In 2021, Carlesberg launched new beer bottle to reduce the carbon impact of glass bottles by 90%.Market SegmentationSegmentation by ProductLight BeerStrong BeerSegmentation by ProductionMacro BreweryMicro-BrewerySegmentation by CategoryPremium BeerSuper Premium BeerNormal BeerSegmentation by PackagingCanned BeerBottled BeerDraught BeerSegmentation by Region    Asia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

Drone Service MarketDrone Service Market was valued at USD 12.1 billion in 2021, and forecast to reach USD 56.0 billion in 2029, growing at a significant CAGR of 21.1% from 2022-2029.The factors driving the growth of Drone Service Market includes increasing application of drones in the military and commercial sector, growing popularity of unmanned ariel vehicles, rise in the number of urban mobility projects around the world and trending concept of air taxis. According to the report published by Bloomberg, the Global UAV Drones Market is expected to reach USD 102,466.7 million by the end of 2030, expanding at a CAGR of 19.6% over the forecast period (2022-2030), which will accelerate the Drone Service Market size in the approaching years. Moreover, technological advancements in drones, expansion of e-commerce industry, Government policies boosting drone manufacturing and increasing investments by leading players on research and development, are some of the additional factors supplementing the market growth. As per the Business Standard, the Government of India announced Production Linked Incentive (PLI) scheme worth INR 120 crore for drone manufacturing in India, which will generate INR 5,000 crore worth of investments and create 10,000 new jobs in the Indian economy.Request a free sample of this reportHowever, the growth of Drone Service Market is hindered attributed to growing concerns related to safety.The leading players operating in the Drone Service Market are Aerodyne Group, CYBERHAWK, Flirtey, Skylark Drones, Terra Drone Corp., Verity, Hemav Technology S.L, Matternet, Zipline and MEASURE, among others. Based on Type, the Rotary Wing segment is predicted to expand at a significant CAGR during the forecast periodIncreasing application of commercial drones for remote sensing and environment monitoring, are some of the factors pushing the segment’s growth.Based on End-Use Industry, the Agriculture segment is projected to grow at a remarkable CAGR over the forecast periodIncreasing use of commercial UAV drones in agriculture sector for spraying and monitoring growth of the crop, are propelling the growth of the segment. Based on Region, the North American region is anticipated to hold the highest market share during the forecast period Rapid growth in the ecommerce industry, presence of the leading players such as Zipline and Flirtey, rise in the sales of unmanned ariel vehicles, growing emphasis on developing air taxis, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North America.Key DevelopmentIn 2019, CYBERHAWK completed the acquisition of Florida Pest Control, a pest management business. Through this acquisition, the CYBERHAWK plans to strengthen its position in the North American Market.Market SegmentationSegmentation by TypeFixed-WingRotary WingSegmentation by ApplicationAerial PhotographyDelivery & Pick-UpSurveillance and InspectionData Acquisition and AnalyticsRemote Sensing and Environment MonitoringOthersSegmentation by End-Use IndustryAgricultureHomeland SecurityOil & GasLogistics InfrastructureMedia and EntertainmentOthersSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

The Fertilizer Market was estimated around USD 840 billion in 2019 and is expected to grow at a CAGR of 5% over the forecast period (2020-2027).The factors driving the growth of Fertilizer Market includes growing popularity of organic fertilizers, rise in the consumption of food, increased adoption of precision farming around the world and expansion of the agriculture sector. According to the report published by Statista, the Global Precision Farming Market was calculated around USD 6.73 billion in 2021 and is expected to reach USD 14.44 billion by the end of 2027, which will accelerate the Global Fertilizer Market in the approaching years. Moreover, growing demand for high-efficiency fertilizers, rising awareness amongst farmers about the benefits of using fertilizers and Government schemes promoting the use of organic fertilizers, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, rising concerns related to environment pollution, easy availability of credit to farmers, rapid urbanization, and growing population growth rates, are further contributing towards the market growth.Request a free sample of this reportHowever, growth of the Fertilizer Market is hindered attributed to high cost of producing specialty fertilizers.The leading players operating in the market are Syngenta AG, Israel Chemicals Ltd. (ICL), Sumitomo Chemical Co., Ltd., Haifa Group, Yara, Nutrien Ltd., Mosaic, IFFCO, CF Industries Holdings, Inc. and Bunge Limited, among others.Based on Form, the Dry segment is predicted to expand at a significant CAGR during the forecast period As per the Fertilizer Market Analysis, dry fertilizers are cost effective, comes in different blends and highly efficient for pre plant applications, are some of the key factors responsible for the segment’s growth.Based on Application, the Agriculture segment is projected to grow at a remarkable CAGR over the forecast period According to the Fertilizer Market Report, growing demand for wheat, rice, and paddy across the globe, is the major factor propelling the growth of the segment.Based on Region, the Asia-Pacific region is anticipated to capture the largest market share during the forecast period Increasing reliance on nitrogenous fertilizers, Government policies promoting precision farming, rising concerns related to pollution, favorable demographic conditions and topography for agricultural practices and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.Key DevelopmentIn 2021, Yara completed the acquisition of Finish colan, which will expand its organic fertilizer business.In 2020, Yara East Africa intorduced a micronutrient fertilizer, Yara Microp, to raise maize yields in Western Kenya. Yara Microp is incorporated with nitrogen, phosphorus, sulfur, ammoniacal nitrogen, and zinc, to help maize crops grow faster and produce high yields.In 2020, Haifa Group launched a new range of plant supplements, which it calls “HaifaStim”. It includes wide range of products, which are formulated to enhance the plant’s environment and support its physiological growth process.Market SegmentationSegmentation by FormDryLiquidSegmentation by ProductOrganicPlant-based fertilizerAnimal-based fertilizerMineral-based fertilizerInorganicNitrogenPhosphorusPotassiumSegmentation by ApplicationAgricultureHorticultureGardeningOthersSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

Sports Composites Market was valued at USD 3.9 billion in 2021, and estimated to reach USD 5.6 billion in 2029, growing at a CAGR of 4.7% from 2022-2029.The factors driving the growth of Sports Composites Market includes rising consumers inclination towards adopting healthy lifestyles, increasing demand for ski gear and snowboards around the world, rapid growth in the production of bicycles and improvements in the living standards. Moreover, increasing application of sports composites in wheel-tire systems, fitness equipment and softballs, rise in the launch of innovative sports equipment, expansion of the manufacturing industries and growing popularity of hockey and tennis across France and Germany, are some of the additional factors supplement in the Sports Composites Market size. In addition, the increasing investments by leading players on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.Request a free sample of this reportHowever, growth of the Sports Composites Market is hindered due to increasing cost of costs of raw and auxiliary materials.The leading players operating in the market are Jarden Corporation, Fischer Sports GmbH, Topkey Corporation, Toray Industries Inc., Teijin Limited, Hexion Inc. SGL Group, Rossingol, E. I. du Pont de Nemours and Company, and Aldila Inc., among others.Based on Resin, the Epoxy segment is predicted to grow at a significant CAGER during the forecast periodIncreasing application of epoxy resins in the manufacturing of rackets and snowboards along with it excellent electrical and high resistance properties, are some of the factors responsible for the segment’s growth.Based on Fiber Type, the Carbon Fiber segment is projected to expand at a robust CAGR over the forecast periodAs per the Sports Composites Market Report, increasing use of carbon fiber for manufacturing bicycle frames, rackets, and hockey sticks, is propelling Sports Composites Market share.Based on Region, the North American region is anticipated to capture the largest market share during the forecast periodAccording to the Sports Composites Market Forecast, growing popularity of outdoor sprots, Government initiatives promoting sporting activities in schools and colleges, rising population growth rates and high per capita incomes, are some of the important factors augmenting he market growth in North American region.Key DevelopmentsIn 2019, Teijin Limited acquired Benet Automotive s.r.o. to expand European Automotive Business.In 2018, Toray Industries Inc. launched TORAYCA® MX Series carbon fibers with high tensile modulus and high compressive strength to introduce prepreg to a variety of applications.Market SegmentationSegmentation by ResinEpoxyPolyurethanePolyamidePolypropyleneOthersSegmentation by ApplicationGolf ClubsHockey SticksRacketsBicycleSkis & SnowboardsOthersSegmentation by Fiber TypeCarbon FiberGlass FiberOthersSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

Personal Cloud Market was valued at USD 17.6 billion in 2021 and is estimated to reach USD 76.7 billion in 2029, and the market is projected to grow at a very higher CAGR of 20.2% during 2022-2029.For Additional Insights, Click to Access Complete Report – https://www.gmiresearch.com/report/personal-cloud-market/The factors driving growth of the Personal Cloud Market includes increasing penetration of smartphones around the world, emerging trend of Bring Your Own Device (BYOD), growing demand for real-time data access and data sharing, rise in the number of broadband connections and improvements in the living standards. Moreover, technological innovations in personal cloud solutions, growing adoption of Software as a Service (SaaS), Big Data Analytics and Internet of Things (IoT), emerging need to store and share personal data and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major players on research and development, growing disposable incomes, strategic alliances between companies and rising population growth rates, are further contributing towards the market growth.However, growth of the Personal Cloud Market is hindered due to growing concerns related to data security.The prominent players operating in the market are Seagate Technology LLC, Box, Inc., Western Digital Corporation, Microsoft Corporation, Google LLC, Apple Inc., Egnyte, Inc., Dropbox, Amazon Web Services, Inc., and Synchronoss, among others.Based on Type, the Online Cloud segment is predicted to grow at a significant CAGR during the forecast periodOnline cloud solutions offer recovery option along with easy sharing, provides easy accessibility and are cost-effective, are some of the features pushing Personal Cloud Market size.Based on User Type, the Enterprises segment is projected to grow at a robust CAGR over the forecast periodIncreasing penetration of smartphones, growing acceptance of Bring Your Own Device (BYOD) and advancements in cloud infrastructure, are propelling segment’s growth.Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast periodPresence of the leading players such as Microsoft Corporation, Google LLC, and Apple Inc., rise in the number of smartphone users across United States, growing adoption of advanced technologies by major companies, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in the North American region.Key DevelopmentsIn 2019, Google LLC completed the acquisition of Elastifile company, a cloud storage provider. Through this acquisition, the company plans to implement new strategies for achieving profitability in the data and cloud storage space and to integrate Elastifile in the Google Cloud Filestone.In 2019, Western Digital Corporation introduced various personal storage solutions that enable the consumers to organize, capture, and share their digital content and offers speed, reliability, ruggedness, and ease of use features.Market SegmentationSegmentation by TypeNAS Device CloudOnline CloudHomemade CloudServer Device CloudSegmentation by User TypeConsumersEnterprisesGlobal Personal Cloud Market by Revenue TypeDirect RevenueIndirect RevenueSegmentation by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail: enquiry@gmiresearch.comPhone: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: https://www.gmiresearch.com/

The EV Battery Thermal Management Systems Market is expected to grow at a CAGR of 20.1% during, 2022-2029.