PRESS RELEASES

ENERGY AS A SERVICE MARKET TO REACH USD 69.7 BILLION BY 2024 | CAGR 10.4% – FORENCIS RESEARCH

The global energy as a service market is estimated to reach USD 69.7 Billion in 2024 at a CAGR of 10.4%. Inclination towards energy savings and growing investment in decentralized energy products and services is expected to drive the energy as a service market during the forecast period. However, complexity of model and high initial capital cost is expected to restrain the market during the forecast period. Vertical integration by the companies is expected to become an opportunity for energy as a service market.

January, 2020 | Price: $ 5600 $ 4500

BLOCKCHAIN IN MEDIA, ADVERTISING AND ENTERTAINMENT MARKET TO REACH USD 1.3 BILLION BY 2024 | CAGR 81.6% – FORENCIS RESEARCH

The global blockchain in media, advertising and entertainment market is estimated to reach USD 1.3 Billion in 2024 at a CAGR of 81.6%. Increasing in digital platform, rising adoption for general data protection regulation (GDPR), increasing secure transfer of copyright assets, and growing in streaming video-on-demand (SVOD) and over-the-top media services (OTT) subscription are expected to drive the blockchain in media advertising and entertainment market. However, copyright violation issues are act as a restrain to the market during the forecast period. Growing in demand for cloud technology and high adoption of technologies such as artificial intelligence (AI), augmented reality (AR) and virtual reality (VR) is identified as an opportunity for blockchain in media advertising and entertainment market.

January, 2020 | Price: $ 5600 $ 4500

Water Clarifiers Market To Reach USD 10.2 Billion In 2027 | CAGR 7.2% - Forencis Research

The Global Water Clarifiers Market is estimated to reach USD 10.2 Billion by 2027 at a CAGR of 7.2 %, predicts forencis research (FSR). Water clarifiers are circular settling tanks which used to remove solid particles of suspended solids from in the liquid through the sedimentation. They are widely used in the waste-water treatment, power generation, petrochemical, textile, and paper industries to aid separation and recovery of the product. Before water enter into the clarifier, pre-treatment should be done on water include coagulation and flocculation. These treatment helps to clumps the suspended particles together. These allow separation of solid in to the clarifier quickly and stably.

February, 2020 | Price: $ 5600 $ 4500

Automotive Communication Technology Market To Reach USD 16.1 Billion In 2024 | CAGR 17.8% - Forencis Research

The global automotive communication technology market is estimated to reach USD 16.1 Billion in 2024 at a CAGR of 17.8 %. Growing demand for automotive electronics and supportive government regulations for reduction in automotive emission and improvement in vehicle safety is expected to drive the automotive communication technology market during the forecast period. However, high installation cost and limited reliability of electronics architecture are expected to restrain the market during the forecast period. Increase in demand for luxury vehicles and development of the autonomous vehicles is expected to become an opportunity for automotive communication technology system market.

January, 2020 | Price: $ 5600 $ 4500

BLOCKCHAIN IN ENERGY MARKET TO REACH USD 6.8 BILLION BY 2024 | CAGR 72.5% – FORENCIS RESEARCH

The global blockchain in energy market is estimated to reach USD 6.8 Billion in 2024 at a CAGR of 72.5%. Increasing smart infrastructure and electrical vehicles and inclination of governing authorities towards smart cities is expected to drive the blockchain in energy market during the forecast period. However, complexity of combining blockchain with existing system and high initial capital cost is expected to restrain the market during the forecast period. Growing investment in blockchain technology is expected to become an opportunity for blockchain in energy market.

January, 2020 | Price: $ 5600 $ 4500

Blockchain In Telecom Market To Reach USD 1.6 Billion In 2024 | CAGR 82.6% - Forencis Research

The global blockchain in telecom market is estimated to reach USD 1.6 Billion in 2024 at a CAGR of 82.6%. Increasing visibility, transparency, and security, adoption of a horizontal blockchain platform, rising in the adoption of content security policy (CSP), and growing demand for digitization expected to drive the blockchain in telecom market. However, data storage limitation act as a restrain to the market during the forecast period. Increasing growth for value chain, adoption of ledge to ledger interoperability, highly adoption of 5G technology is identified as an opportunity for blockchain in telecom market.

January, 2020 | Price: $ 5600 $ 4500

COGNITIVE SERVICE MARKET TO REACH USD 18.2 BILLION BY 2024 | CAGR 42.2% – FORENCIS RESEARCH

Cognitive Service Market: Summary The global cognitive service market is estimated to reach USD 18.2 Billion in 2024 at a CAGR of 42.2%. Rising demand for new generation robots, advancing automated fraud detection systems, increasing growth in large-scale tasks, and rising performance & profit orientation is expected to drive the market. However, slow market adoption act as one of the restraining factor for the market growth. Advancement of Artificial Intelligence (AI) and application programming interface (API) is identified as an opportunity for this market.

January, 2020 | Price: $ 5600 $ 4500

Blockchain In Insurance Market To Reach USD 1.7 Billion In 2024| CAGR 78.7% - Forencis Research

The global blockchain in insurance market is estimated to reach USD 1.7 Billion in 2024 at a CAGR of 78.7%. Increasing transparency and security, increasing the efficiency and accuracy for billing and settlement processes, and rising in the adoption of supply chain market expected to drive the blockchain in insurance market. However, limited scalability for public act as a restrain to the market during the forecast period. Increasing growth of digital identification and impact of artificial intelligence in BFSI sector is identified as an opportunity for blockchain in insurance market.

February, 2020 | Price: $ 5600 $ 4500

Truck Platooning Market To Reach USD 3.3 Billion In 2024 | CAGR 39.8% - Forencis Research

The global truck platooning market is estimated to reach USD 3.3 Billion in 2024 at a CAGR of 39.8%. Increasing need for fuel consumption, growing need for reducing CO2 emissions, and increase in road safety are some of the factors which are expected to drive the truck platooning market during the forecast period. However, high cost of platooning technology and impact on infrastructure migration are expected to restrain the market during the forecast period. Demand in automated driving and smart mobility is expected to become an opportunity for truck platooning system market.

December, 2019 | Price: $ 5600 $ 4500

Automotive Wheel Market To Reach USD 25.2 Billion In 2024 | CAGR 4.1% - Forencis Research

The global automotive wheel market is estimated to reach USD 25.2 Billion in 2024 at a CAGR of 4.1%. Increasing demand of light weight wheels, demand for aluminum material in automotive industry and increasing vehicle sales in immerging economies is expected to drive the automotive wheel market during the forecast period. However, high price of carbon fiber wheel are expected to restrain the market during the forecast period. Demand for 3D printed wheels and demand for two-piece wheels is expected to become an opportunity for automotive wheel market.

December, 2019 | Price: $ 5600 $ 4500

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