Monday, October 7, 2019

Global Biodiesel Market research Will Reflect Significant Growth Prospects during 2018–2028



PMR’s published report titled ‘Biodiesel Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026’ examines the biodiesel market and offers vital market insights for the next eight years. According to PMR analysis, the global consumption of biodiesel is estimated to be valued at US$ 28.9 Bn by the end of 2018 and is expected to register a 3.1% CAGR over the period, 2018–2026. This report on the biodiesel market divulges the demand and its break-up on the basis of feedstock and application.

Biodiesel Market: Dynamics

The demand for biodiesel around the globe has witnessed significant growth in the recent past, owing to the increasing energy needs, rising crude oil prices and growing demand for clean and renewable sources of energy. Along with this, growth of the automotive industry and increasing vehicle parc are the key factors driving the demand for fuel, globally. However, the use of diesel fueled vehicles results in the emission of pollutants, which are hazardous for the environment, ecosystem and humankind. Several countries depend on the import of crude oils to cater to the increasing demand for diesel fuels, owing to which the economic burden has increased. Thus, to evade these issues, biodiesel is a viable alternative for petroleum diesel fuels. Several countries have mandated the blending of biodiesel with conventional fuels, owing to its high compatibility and reduction in pollutant emissions. The abundant availability of feedstock also drives the biodiesel market.


OPEC countries are channelizing efforts to maintain growth in crude oil prices through reduction in oil production. Thus, this expected rise in crude oil prices will further propel the demand for Biodiesel. However, fluctuating feedstock prices may hamper the global biodiesel market. Also, in European countries, strong emphasis is laid on biodiesel production from non-edible oils, which is expected to have a significant impact on the demand for vegetable oil feedstock in the coming years. In the biodiesel market, the penetration of the hydrotreated vegetable oil (HVO) technique has been increasing, which in turn is expected to support the market growth.

Biodiesel Market: Segmentation Analysis

The vegetable oil segment is estimated to dominate the global biodiesel market on the basis of feedstock during the forecast period. This can mainly be attributed to the abundant availability, low price and wide range of vegetable oil feedstock. Soybean and canola oil are prevalently consumed in biodiesel production. However, in various regions, different types of vegetable oils are preferred and their selection primarily depends upon the availability and price in local/regional market. The vegetable oil segment is expected to grow at a steady CAGR during the forecast period. Moreover, the UCO (Used cooking oils) segment is expected to gain traction and register a significant CAGR during the forecast period.

In terms of consumption, biodiesel is estimated to witness high demand from the automobile segment wherein it is blended with conventional diesel fuels. Around the globe, the mandatory blending of biodiesel is the key driving force for market growth. The automobile segment is expected to register 1.3X growth in terms of value over the forecast period.

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Biodiesel Market: Regional Market Projections

On the basis of region, Europe is expected to dominate the global biodiesel market throughout the forecast period. The region’s biodiesel market is expected to grow at a CAGR of around 1.2% during the forecast period. South Asia & Oceania is projected to register a significantly high CAGR in the global biodiesel market during the forecast period. Europe, coupled with South Asia, is projected to register a substantial growth rate in the global biodiesel market during the forecast period while China is expected to witness healthy growth as compared to the rest of the regions.


Global Biodiesel Market: Competitive Landscape

Some of the players reported in this study on the global biodiesel market include Royal Dutch Shell plc., Neste Oyj, Archer Daniels Midland Company, Bunge Limited, Louis Dreyfus Company B.V., Wilmar International Limited, Repsol S.A., Total S.A., China Petroleum & Chemical Corp (Sinopec Corporation), Cargill Incorporated, RB Fuels, and Renewable Energy Group, Inc., among others.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

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Global Electrical Conduit Pipe Market research to Witness Significant Incremental Opportunity During 2019 and 2029



The global sales of electrical conduit pipes reached ~ 26,400 thousand tons in 2018, unveils the new research report on the electrical conduit pipe market by Persistence Market Research (PMR). According to the electrical conduit pipe market report, the electrical conduit pipe market is estimated to grow by ~ 5% CAGR in 2029, primarily influenced by the recent government investment on the smart grid project.

According to the report, increasing electricity consumption in the rural area is anticipated to drive demand for the electricity production, which is expected to positively drive the electrical conduit pipe market. Furthermore, increasing usage of modern electric appliances in rural areas will contribute to the build-up of the electrical conduit pipe market through to 2029. The global electrical conduit pipe market reflected a value of ~US$ 26 Bn in 2018, and is projected to reach a market valuation of ~US$ 43 Bn by the end of the 2029.


Plastic Electrical Conduit Pipe Captures Significant Share

Plastic has high anti-corrosion, light-weight, dialectical strength, and UV stabilization properties, thereby gaining high demand in the electrical conduit pipe market. Use of plastic as a raw material in electric conduit pipes is expected to be highly profitable, owing to its several credible properties and cost-effectiveness. On the other hand, metal is projected to have slow adoption as compared plastic during the forecast period.

As per the PMR study, prominent players in the electrical conduit pipe market are offering wide range of products with advanced characteristic properties, such as enhanced strength and stiffness. These properties serve applications such as commercial refrigeration, secondary cooling of food production, and central plant HVAC systems, among others.  Some of the products include steel reinforced polyethylene pipes and corrugated double wall pipes.
The demand for metal pipes is projected to rise over the forecast period as manufacturers are preferring environmental-friendly material type, which is more resistant to the external damage.

By application type, the IT & telecommunication sector of the electrical conduit pipe market is expected to be prominent in the global electrical conduit pipe market over the forecast period. Electrical conduit pipes function as a medium of transmission for telecommunication and electricity over long distances. Owing to several external factors such as salt concentration and oxygen concentration, conduit pipes are susceptible to corrosion over time. Therefore, the IT & telecommunication sector is estimated to grow at a CAGR of ~5% and projected to reach at ~US$ 17,000 Mn by the end of 2029.


Telecommunication Operations by Several End-use Industries in Asia Pacific is Expected to Create Growth Opportunities

The telecommunication industry is growing at a significant rate in the Asia Pacific region. Owing to the increasing utilization of conduit pipes to ensure safety of telecommunication wires, such as optical fiber cables under sea, and the growing telecommunication industry, are expected to directly impact the growth of the electrical conduit pipe market. These factors are significant drivers responsible for boosting the demand for electrical conduit pipes in the global market. According to the IBEF (India Brand Equity Foundation), India is estimated to be the world’s 2nd largest telecommunication market. This factor propels the demand for electrical conduit pipes for long distance cabling of telecommunication operations in the region. Several telecommunication companies are expanding their fiber cable network, which is anticipated to create a positive impact on the growth of the electrical conduit pipe market.

Electrical Conduit Pipe Market: Vendor Insights

PMR’s business analysis also highlights pioneering insights into the competitive scenario of the electrical conduit pipe market and differential strategies of prominent market players. Some key players in the market are JM Eagle, Inc., Aliaxis SA, Mexichem SAB de CV, and China Lesso Group Holdings Ltd., among others. Furthermore, several prominent players of the electrical conduit pipe market are adopting strategies, such as collaborations, joint ventures, and acquisitions to establish their distribution and sales network across the globe. For instance, in 2019, Aliaxis SA, manufacturer and distributor of advanced plastic piping systems, acquired Silver-Line Plastics, which is a U.S.-based plastic pipe products manufacturing company.


This study highlights key opportunities in the electrical conduit pipe market and discovers that the market would exhibit growth at a value CAGR of ~5% during the forecast period

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

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Global Acoustic Emission Based Ndt Market to Witness CAGR of ~7% Increase in Value Share During the Forecast Period 2018 and 2028.




 Persistence Market Research released a new market research on the acoustic emission-based NDT market, which covers the global industry forecast 2018–2028 and analysis 2013–2017. The report explore the global acoustic emission-based NDT market and provides in-depth analysis for the coming years from 2018 to 2028. The report on the global acoustic emission-based NDT market includes forecast factors and vital macroeconomic that are anticipated to fuel the growth of the global acoustic emission-based NDT market. The report on the acoustic emission-based NDT market also addresses restraints that are projected to hinder the growth of the market, along with the latest trends and potential opportunities in the market.

The global acoustic emission-based NDT market was valued at ~ US$ 197 Mn in 2013, and is projected to generate a value of US$ 523 Mn by the end of 2019. The acoustic emission-based NDT market is anticipated to grow at a CAGR of ~ 7% between 2018 and 2028.


East Asia to Reach New Heights in Infrastructural Development

The development rate of countries in East Asia are increasing at a higher pace in social infrastructure. The importance of upgraded social infrastructure has been creating numerous opportunities for various industries. Hence, one of the significant global infrastructure projects “The Belt and Road Initiative (BRI)” that links China with rest of Asia, Europe, and Africa has the participation of more than 29 international organizations. The project involves the construction of roads, bridges, and railway networks, which is expected to surge the demand for acoustic emission-based NDT. The acoustic emission-based NDT holds its significance from the quality check of raw materials to monitoring of structures even when in use. With the completion of this global project, the region of East Asia is anticipated to develop new opportunities, boost Chinese income and product consumption, and cultivate export markets.

The semiconductor manufacturing market players in these regions are estimated to invest in the development of piezoelectric devices with different range of frequencies for various applications. The trend of infrastructure outlook has developed key focus of companies in the acoustic emission-based NDT market.
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Emerging Players in the Acoustic Emission-based NDT Market to Account for ~ 20% Revenue Share

The global acoustic emission-based NDT market is defined as moderately consolidated, owing to the presence of a limited number of top service providers of acoustic emission-based NDT across the globe. For in-depth analysis, Persistence Market Research has broken down the market structure up to three levels: Tier 1, Tier 2, and Tier 3. Here, emerging players are estimated to account for ~ 20% share in the global market and generate ~ US$ 40 Mn revenue through sales of acoustic emission-based NDT across the world. Moreover, leading players in the global acoustic emission-based NDT market are incorporating acquisitions, collaboration strategies, and adopting the business expansion in a bid to capture a significant share in the global market.
  • In December 2018, MISTRAS acquired Novacap-backed onstream pipeline inspection services. The competitive advantages of onstream and its strong presence in the inline inspection provides a stout foundation within the midstream oil and gas market.
  • In 2018, Vallen-Systeme GmbH launched AMSY-6 with high-performance USB 3 interface. It has an improved rate of data transfer that boosts the speed of acoustic emission testing.
  • In July 2019, Industrial Inspection & Analysis, Inc. acquired Advanced Technical Services NW, Inc. to broaden its service offerings to achieve the increasing demand for quality and service.

Some of the key players identified across the value chain of the global acoustic emission-based NDT market include MISTRAS, General Electric, KRN Services, Score Atlanta Inc., TÜV Rheinland, Beijing Softland Times Scientific & Technology Co. Ltd., Parker Hannifin, Vallen Systeme GmbH, Cygnus Instruments, Cybernetix, Arudra Engineers Pvt. Ltd., and SIEVERT - A Bureau Veritas Group Company.

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

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Thursday, October 3, 2019

Global Mitotane Market to Witness CAGR of ~ 5% Increase in Value Share During the Forecast Period 2019 and 2029



Over the years, mitotane has become one the preferred choices of treatment for Cushing's syndrome and ACC. The growth of the mitotane market can be attributed to the increased incidence of patient population, which is anticipated to grow significantly in the forecast period. Furthermore, late recurrence of Cushing's syndrome and late diagnosis and detection also favours the growth of the mitotane market.  ACC has been marked with a high recurrence rate, where treatment using adjuvant therapy has been found to be extremely successful.  

The ~US$ 12 billion market for mitotane is anticipated to grow at a healthy CAGR over the period of next decade. Macro-economic factors, such increase expenditure in healthcare sector in emerging nations such as China, India, and Brazil is expected to boost the growth of the mitotane market in the forecast period. With the rise and continual growth in global healthcare expenditure, sales of pharma drugs such as mitotane in countries outside the U.S. represent a potential growth avenue for domestic manufacturers.


According to the World Bank, all regions (except Sub-Saharan Africa) have seen an increase in the healthcare spending as a percentage of total output over the last two decades. Similarly, in 2016, China’s healthcare expenditure grew ~5% of the GDP, which is expected to almost double by 2020.

The market for mitotane is based on two disease indications such as Cushing's syndrome and ACC. Cushing's syndrome includes symptoms such as round red face, high blood pressure, weak muscles and bones, abdominal obesity, a fat lump between shoulders, and fragile skin. The prevalence rate varies from 10-15 cases/ million population/year. High disease diagnosis screening percentage and attractive reimbursement in developed markets have made the mitotane market to grow significantly.  

In contrast, ACC is a rare but aggressive tumour that arises from adrenal cortex and develops late with a large mass. It is estimated that ~600 new cases are diagnosed every year/million population. The disease is most common between 50 and 60 years of age. According to PMR, ACC-based disease indication is anticipated to hold a prominent position in the global mitotane market, in terms of revenue with a global market share of ~60% in 2029.

Major players in the mitotane market are focusing on investing in research and development for the improvement of mitotane with less side effects, and introduction of more affordable and reliable drug treatments in developing regions of the world. Besides, companies are also engaged in commercial partnerships for the sales and marketing of mitotane. Such developments are likely to foster the market to grow in untapped regions and meet the treatment demand.

The mitotane market report offers a comprehensive taxonomy based on the disease indication, distribution channel, and region. Based on disease indication, the global mitotane market is segmented into ACC and Cushing's syndrome.


Based on distribution channel, the mitotane market is classified into hospital pharmacies, retail pharmacies, online pharmacies, and specialty clinics. With the increase in the incidence of both the diseases and growth opportunities in terms of sales, the mitotane market also offers significant potential for other players to invest in the market.
The mitotane market has been studied across North America, Latin America, Europe, East Asia, South Asia, Oceania, MEA, and Emerging countries such as China, Brazil, and India. Availability of knowledge-based resources and enhanced research collaboration trends in North America and Europe are estimated to propel the growth of the mitotane market. North America and Europe markets are projected to be the prominent regional markets for mitotane and are poised to offer substantial opportunities.

Besides, these regions continue to witness high recurrence rate of adrenocortical carcinoma. Use of adjuvant therapy using mitotane has been the prime success factor in the treatment of such indication. With several collaborations, acquisitions, and agreements between drug industry players and academic institutions are anticipated to help the mitotane market to continually expand and create new dimensions and opportunities for the development of therapeutics for diseases such as ACC and Cushing's syndrome.


Some of the key companies working in the global mitotane market are HRA Pharma and Bristol-Myers Squibb Company. Continuous investments by big players in product development have led to the commercialization of mitotane drugs with the ability to incorporate in adjuvant-based medications, which can be used in the treatment of both ACC and Cushing’s syndrome.

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

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Global Cassava Starch Market Expected to be Valued ~US$ 10 Bn by 2029



 Persistence Market Research published a report on the cassava starch market which includes the global industry analysis 2014 - 2018 and opportunity assessment 2019 - 2029. It projects that the cassava starch market is expected to reach ~US$ 6 Bn by the end of 2019 in terms of value, and is forecasted to reach ~US$ 10 Bn by the end of 2029.

Increasing Demand for Native Starch Products Propelling the Demand for Cassava Starch

Native starch products are gaining attention, especially in the food and beverages industry. The growing awareness among consumers regarding the consumption of natural products is providing a better platform for native starch products. Modified starch is produced by synthetic methods and properties of native starch get affected with the use of chemicals. Since modified starch is chemically and synthetically produced, it falls in the category of food additives, which are used in different food products as emulsifiers, thickening agents, stabilizers, etc.

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Unlike modified starch, native starch is directly extracted from cassava or other starch containing products, hence, it does not belong to the synthetically produced food additives category. The demand for chemical-free and natural products is at its peak and food manufacturers are moving towards producing native starch as per consumer demand. As consumer awareness regarding the chemicals added to food ingredients has increased, they have started avoiding such ingredients, which is contributing to the growing demand for native starch products and further benefitting the cassava starch market as well.

Growing Demand for Gluten-Free Products Driving the Cassava Starch Demand

Cassava starch is a gluten-free ingredient, which can be used in different food products. Most consumers are prohibiting food products, which contain gluten. Various food companies are also utilizing gluten-free ingredients in their food products. Gluten is actually a group of protein, which is found in different grains including wheat, barley, rye, oats, and others. Gluten can cause serious side effects to certain people and create severe damage to health.
When certain individuals with gluten intolerance consume gluten, the body senses it as a toxic product, which leads to immune cells attacking one another. Intolerance of gluten can sometimes cause serious health issues such as fatigue, bloating, constipation, and others. People who have celiac disease are also told to eat gluten-free products. Since the preference for gluten-free products is growing, large number of consumers are avoiding gluten products, which has propelled the demand for gluten-free ingredients such as cassava starch.

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Growth in the Consumption of Organic Food Products Beneficial for the Cassava Starch Market

The organic and natural trend is very popular in the food and beverages industry. Consumers are becoming health conscious and opting for organic and natural food products to stay healthy. Organic food products are considered to be beneficial for health, owing to their chemical-free agricultural processing. Organic food products are grown without additional pesticides and chemical fertilizers, which makes them pure and naturally-grown food products.
Large consumer base, especially in developed countries is embracing the usage of organic food products in order to maintain a healthy lifestyle. Cassava is health beneficial and nutritional root, which is also grown organically around the world and widely consumed. Hence, the trend of organic product consumption is positively impacting the cassava starch market growth.


Key Producers of Cassava Starch

The key players included in the cassava starch market report are Tate & Lyle, Ingredion, Cargill, Incorporated., AGRANA Starch, The Dutch Agricultural Development & Trading Company BV, Psaltry International Limited, Visco Starch, Vaighai Agro, KPN Pharma, SPAC STARCH PRODUCTS (INDIA) LTD., Ekta International, Sanstar Bio - Polymers Ltd., Aryan International, Ng Wah International Development Limited, Thai Foods Product International Co., Ltd, Asia Fructose Co., Ltd., and Venus Starch Suppliers.

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
United States

Global Business Continuity Management Planning Solution Market to Witness CAGR of ~13% Increase in Value Share During the Forecast Period 2019 and 2029

Persistence Market Research (PMR) has released a new market study on the business continuity management planning solution market, which includes the global industry analysis 2014 - 2018 and forecast 2019–2029. The report studies the global business continuity management planning solution market and offers an in-depth analysis for the next ten years.

The global business continuity management planning solution market was valued at ~ US$ 300 Mn in 2014, and is expected to surpass ~ US$ 400 Mn by the end of 2019. The business continuity management planning solution market is expected to grow at a CAGR of ~ 13% between 2019 and 2029, and is estimated to reach a global value of ~ US$ 1.6 Bn by the end of 2029.

The report on the global business continuity management planning solution market contains vital macroeconomic and forecast factors that are estimated to drive the growth of the global business continuity management planning solution market. The report on the business continuity management planning solution market also discusses the restraints that are expected to hamper the global market, along with potential opportunities and latest trends in the market across the value chain.


Emerging Data Recovery Solutions to Boost Market Growth

By component, the global business continuity management planning solution market is segmented into software/platform and services. However, services in business continuity management planning solutions can be further divided into professional service and managed service. Professional service is future divided into consulting service, implementation and integration service, and training service. Moreover, software/platform in business continuity management planning solution can enable users to protect enterprise data from natural as well as manmade disasters.

By application, the business continuity management planning solution market is segmented into business continuity and disaster recovery, data center and data center networking, governance risk and compliance (GRC), and risk management. The business continuity and disaster recovery segment of the business continuity management planning solution market is estimated to remain prominent in the global market owing to an emerging awareness regarding data protection and data recovery across the globe. The inherent aim behind the installation of business continuity management planning solutions is to provide resilience. Therefore, many companies are shifting towards adoption of cybersecurity solutions to secure data on the cloud without the risks of cyber threats.
By industry, the global business continuity management planning solution market is segmented into BFSI, healthcare, retail, telecom & IT, media & entertainment, travel & hospitality, transportation & logistics energy & utility, and others. The BFSI segment is projected to remain significant in the business continuity management planning solution market throughout the forecast period.

By region, the business continuity management planning solution market has been segmented into seven regions, namely North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. In these regions, East Asia and Europe are estimated to grow with a paramount share in the global business continuity management planning solution market over the stipulated time period. However, North America and South Asia are also representing healthy potential for the business continuity management planning solution market owing to the new business opportunities in their respective regions.


Tier-3 Players in the Market to Account for 20% Revenue Share

The global business continuity management planning solution market is characterized as consolidated owing to the presence of a limited number of solution providers of business continuity management planning across the globe. For in-depth analysis, PMR has broken down the market structure up to three levels: Tier 1, Tier 2, and Tier 3. Here, Tier 3 players are estimated to account for a 20% share in the global market of business continuity management planning solution across the world. Moreover, leading players in the global business continuity management planning solution market are adopting business expansion, acquisition, and collaboration strategies in a bid to capture a significant share of the global market.
  • In October 2018, Arcserve revealed Arcserve business continuity cloud, the fully-integrated and cloud-born solution to stop the influence of unplanned downtime by rapidly restoring systems, critical data, and applications in the business continuity management planning solution market.
  • In September 2018, Dell EMC introduced enhanced solutions for modern service providers to help expand enterprise edge service delivery, accelerate Telco cloud adoption, and enhance analytics to create more revenue opportunities and improve operational efficiency in business continuity management planning solution market.
Some of the key players identified across the value chain of the global business continuity management planning solution market include Arcserve, Continuity Logic, Storage Craft, Strategic BCP, CloudAlly, Altaro Software, Microsoft, Nero, VMware, IDrive, MiniTool, Synology, Dell EMC, and Rackspace.


About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.
Contact us:
305 Broadway, 7th Floor
New York City, NY 10007
United States

Tuesday, October 1, 2019

New report: Global Business Continuity Management Planning Solution Market  revenues to rake in at a CAGR of ~13% during 2019 and 2029


Persistence Market Research (PMR) has released a new market study on the business continuity management planning solution market, which includes the global industry analysis 2014 - 2018 and forecast 2019–2029. The report studies the global business continuity management planning solution market and offers an in-depth analysis for the next ten years.

The global business continuity management planning solution market was valued at ~ US$ 300 Mn in 2014, and is expected to surpass ~ US$ 400 Mn by the end of 2019. The business continuity management planning solution market is expected to grow at a CAGR of ~ 13% between 2019 and 2029, and is estimated to reach a global value of ~ US$ 1.6 Bn by the end of 2029.

The report on the global business continuity management planning solution market contains vital macroeconomic and forecast factors that are estimated to drive the growth of the global business continuity management planning solution market. The report on the business continuity management planning solution market also discusses the restraints that are expected to hamper the global market, along with potential opportunities and latest trends in the market across the value chain.


Emerging Data Recovery Solutions to Boost Market Growth

By component, the global business continuity management planning solution market is segmented into software/platform and services. However, services in business continuity management planning solutions can be further divided into professional service and managed service. Professional service is future divided into consulting service, implementation and integration service, and training service. Moreover, software/platform in business continuity management planning solution can enable users to protect enterprise data from natural as well as manmade disasters.

Request Methodology of this report 

By application, the business continuity management planning solution market is segmented into business continuity and disaster recovery, data center and data center networking, governance risk and compliance (GRC), and risk management. The business continuity and disaster recovery segment of the business continuity management planning solution market is estimated to remain prominent in the global market owing to an emerging awareness regarding data protection and data recovery across the globe. The inherent aim behind the installation of business continuity management planning solutions is to provide resilience. Therefore, many companies are shifting towards adoption of cybersecurity solutions to secure data on the cloud without the risks of cyber threats.
By industry, the global business continuity management planning solution market is segmented into BFSI, healthcare, retail, telecom & IT, media & entertainment, travel & hospitality, transportation & logistics energy & utility, and others. The BFSI segment is projected to remain significant in the business continuity management planning solution market throughout the forecast period.

By region, the business continuity management planning solution market has been segmented into seven regions, namely North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. In these regions, East Asia and Europe are estimated to grow with a paramount share in the global business continuity management planning solution market over the stipulated time period. However, North America and South Asia are also representing healthy potential for the business continuity management planning solution market owing to the new business opportunities in their respective regions.

Tier-3 Players in the Market to Account for 20% Revenue Share

The global business continuity management planning solution market is characterized as consolidated owing to the presence of a limited number of solution providers of business continuity management planning across the globe. For in-depth analysis, PMR has broken down the market structure up to three levels: Tier 1, Tier 2, and Tier 3. Here, Tier 3 players are estimated to account for a 20% share in the global market of business continuity management planning solution across the world. Moreover, leading players in the global business continuity management planning solution market are adopting business expansion, acquisition, and collaboration strategies in a bid to capture a significant share of the global market.
  • In October 2018, Arcserve revealed Arcserve business continuity cloud, the fully-integrated and cloud-born solution to stop the influence of unplanned downtime by rapidly restoring systems, critical data, and applications in the business continuity management planning solution market.
  • In September 2018, Dell EMC introduced enhanced solutions for modern service providers to help expand enterprise edge service delivery, accelerate Telco cloud adoption, and enhance analytics to create more revenue opportunities and improve operational efficiency in business continuity management planning solution market.

Some of the key players identified across the value chain of the global business continuity management planning solution market include Arcserve, Continuity Logic, Storage Craft, Strategic BCP, CloudAlly, Altaro Software, Microsoft, Nero, VMware, IDrive, MiniTool, Synology, Dell EMC, and Rackspace.

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
United States

Amplification Sda Market Manufacturing Index Study during forecast period 2019 - 2029

Strand Displacement Amplification (SDA) allows in-vitro nucleic acid amplification using isothermal technique. Nucleic acids being the enc...