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Showing posts from May, 2022

Tobacco Market Strategies 2020 – Industry Outlook 2028, Worldwide Research Trends

  The  tobacco market  is estimated to be valued at  $901,361.8 million by 2028 , surging from  $744,167.80 million in 2020 , at a noteworthy  CAGR of 2.5% . Impact Analysis of COVID-19 on the Tobacco Market The COVID-19 pandemic had a negative impact on the tobacco market. Due to strict lockdown, the raw materials for tobacco product manufacturing were unable to reach the manufacturing units due to which the product manufacturing was delayed. This factor has decreased the market of tobacco products during the pandemic. Also, shutdown of stores and shops negatively impacted the sales of tobacco products. Moreover, many researchers claimed that tobacco consumption is likely increase the risk of COVID-19 infection in the people. For instance, according to a research paper, ‘The Effect of Smoking on COVID-19 Symptom Severity: Systematic Review and Meta-Analysis’, published on September 09, 2020, continuous smoking is clearly associated with severe COVID-19. This factor is likely to impede

Global Commercial Insurance Market to Witness Rapid Development During the Period 2028

  The  global commercial insurance market  size is estimated to be valued at  $661,743.0 million by 2028 , surging from  $349,127.3 million in 2020 , at a  CAGR of 8.1% . COVID-19 Impact on the Commercial Insurance Market Various insurance brokerage firms in emerging countries like India have closed due to a drop-in client demand for insurance. The business insurance market has risen dramatically in recent years, but it is likely to face a modest fall in 2021 as a result of the COVID-19 pandemic and resume growth post the pandemic. This is due to the implementation of curfews by government agencies in most countries, as well as a rise in business insurance prices. Post COVID-19 Impacts on Commercial Insurance Market. Get in touch with Expert Analyst@  https://www.researchdive.com/connect-to-analyst/8428 Global Commercial Insurance Market Analysis Due to a growth in demand for commercial insurance policy among small and medium-sized firms, the commercial insurance market growth is expec

Satellite Data Services Market Projected to Gain an Uptick During 2020-2028

  The  global satellite data services market  share is estimated to reach  $22,431.6 million by 2028 , rising from  $8,357.9 million in 2020 , at a  CAGR of 12.7% . Covid-19 Impact on Satellite Data Services Market The coronavirus outbreak in 2019 has negatively affected the satellite data services industry worldwide. Fear of contracting the COVID-19 disease along with strict social distancing rules implemented by developed as well as developing nations in order to prevent the virus transmission have led to the shutdown of many industries. The current impact of the COVID-19 outbreak on the satellite manufacturing industry is limited to delivery delays caused by activity slowdowns for some manufacturers. As a result of the COVID-19 epidemic, which has caused a delay in the production and supply of launch vehicle components, satellite launches are expected to fall in 2021. The availability of imagery and analysis services is projected to be impacted by delays in satellite production and

Global Point of Sale Software Market to Witness Significant Rise in Revenue During the Forecast Period

The  global point of sale software market  share is estimated to reach   $10,294.9 million by 2028 , rising from   $4,536.3 million in 2020 , at a   CAGR of 11.1% . Covid-19 Impact on Point of Sale Software Market The coronavirus outbreak in 2019 has positively affected the point of sale software industry worldwide. Fear of contracting the COVID-19 disease along with strict social distancing rules implemented by developed as well as developing nations in order to prevent the virus transmission has led to the implementation of lockdown worldwide. The PAS market share square is expected to rise over the forecast period due to increased worries about handling cash transactions as a result of COVID-19. Both businesses and consumers are opting for cashless payment solutions to limit the spread of virus and infection. Furthermore, the coronavirus pandemic has had a beneficial impact on the worldwide point of sale software market trends research and development operations in 2020. Get Post CO

Military Embedded Systems Market Projected to Gain an Uptick During 2020-2028

  According to the  global military embedded systems market  forecast, the military embedded systems market share is estimated to be valued at   $21,921.5 million by 2028 , surging from   $13,397.3 million in 2020   at a noteworthy   CAGR of 6.5% . Analysis of COVID-19 Impact on Military Embedded Systems Market The coronavirus outbreak in 2020 had a huge impact on companies all across the world. Artificial intelligence and other technologies have proven to be effective in controlling COVID-19's proliferation. The military embedded systems market trends has risen rapidly in recent years; however, the market is likely to see a modest dip in 2020 as a result of the COVID-19 pandemic. This is due to the implementation of curfews by most governments, as well as the closing of enterprises and private and public companies around the world, in order to prevent the virus from spreading. As a result of which, there was a gradual decline in the production and the number of orders received for

Event Industry In Market Analysis over Business Prominent Players (2020-2028)

  The  global events industry  is estimated to be valued at  $1,457.2 million by 2028 , surging from  $1,134.5 million in 2020  at a noteworthy  CAGR of 23.1% Impact Analysis of COVID-19 on the Events Industry The global market for events industry is estimated to experience a negative impact amid the COVID-19 pandemic. The growth is declining amidst the pandemic times due to travel restrictions, unprecedented lockdowns, restrictions on large gatherings and social meetings, and others. In addition, work from home situations have led to a decline in corporate meetings, seminars, product exhibitions, and others. In addition, travel restrictions and social distancing measures led to huge revenue losses and postponements or cancellations of events. For instance, men’s T20 World Cup which was scheduled to be held in Australia in October 2020 was cancelled. Also, Tokyo 2020 Olympics was cancelled and postponed by Japan’s Prime Minister Shinzo Abe and the International Olympic Committee, and i

Global Digital Educational Publishing Market 2020 Forecast Analysis by 2027

  The  global digital educational publishing market  was valued at   $8,400.8 million in 2019 , and is projected to reach   $27,891.5 million by 2027 , at a   CAGR of 17.0% .  Impact Analysis of COVID-19 on the Global Digital Educational Publishing Market The coronavirus outbreak in 2020 has positively affected the digital educational publishing industry worldwide. Fear of contracting the COVID-19 disease along with strict social distancing rules implemented by developed as well as developing nations in order to prevent the virus transmission has led to a work and study from home structure for most employees and students. Moreover, the COVID-19 has resulted in schools being shut all across the world. As a result, education has changed dramatically, with the distinctive rise of e-learning, whereby teaching is undertaken remotely and on digital platforms. Educational institutions are promoting the use of e-books and digital publishing along with e-learning. As a result, the digital educa

Waste Management Market Analysis, Segments, Growth and Value Chain 2020 – 2027

  The  global waste management market  is estimated to be valued at   $2319.5 billion by 2027 , surging from   $2075.8 billion in 2019   at a noteworthy   CAGR of 5.6% . Impact Analysis of COVID-19 on the Waste Management Market The global market for waste management is estimated to experience a negative growth amid the COVID-19 pandemic. The growth is declining amidst the pandemic times due to shortage of labors, rapid increase in the amount of generated waste, and lack of efficient waste management to handle huge amount of waste generated from municipal, industrial and hazardous segments. Further, hazardous waste production increased from medical and pharmaceutical sectors. The existing waste management system was completely overwhelmed leading to stock piling of waste, inadequate disposal, open dumping, or burning of waste. Also, the recycling of plastic waste slowed down due to perceived risk of COVID-19 transmission and the use of single-use plastics increased rapidly. All these f

India AAC Blocks and Non-reinforced Panels Market Expansion Projected to Gain an Uptick By 2027

  The  India AAC blocks and non-reinforced panels market  is estimated to be valued at  INR 11095.0 crores by 2027 , surging from  INR 5323.8 crores in 2019  at a noteworthy  CAGR of 14.3% . Impact Analysis of COVID-19 on the India AAC Blocks and Non-Reinforced Panels Market The India AAC blocks and non-reinforced panels market is estimated to experience a severe impact amid the COVID-19 pandemic. This growth is due to the rules and restrictions imposed by the Indian government. Moreover, due to the lockdown restrictions, many projects related to constructions as well as infrastructure were cancelled. Furthermore, almost all the sectors especially construction, retail, and tourism have been drastically affected as the demand and exports sharply dropped. Thereby, the pandemic is having a considerably negative effect on India’s economic growth. Also, as the severity and duration of the pandemic continues to increase, uncertainties of the economy continue to weigh heavily on the Indian co