Online Event Ticketing Market Driven By Rising Proliferation Of The Internet And The Growing Trend Of Using Mobile Applications

The global online event ticketing market size is expected to reach USD 67.99 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.8% CAGR during the forecast period. Growing demand for online ticketing can be attributed to increased Internet accessibility and overall hassle-free experience in booking processes.    

Event ticketing processes have witnessed a paradigm shift from traditional booking of tickets at event venue counters to purchasing tickets in advance from the comfort of one’s home. Over the years, booking of tickets through smartphones and tablets has gained immense popularity on account of the perceived ease and flexibility of the procedure and user-friendly, attractive mobile interfaces developed by service providers.

Major ticketing vendors are focusing on providing mobile applications and making websites customer-friendly to facilitate quick and easy ticketing transactions. Such applications enable customers to access all types of information about the event, ticket pricing, seating layouts, and other relevant information.

On account of intensifying competition in the online ticketing industry, service providers are vying to secure long-term contracts with theatres, production houses, sports authorities, and local event organizers in order to ensure sustainability. Promotion of movies, sports tournaments, music concerts, and stand-up comedy shows on the websites of service providers forms a sizeable portion of their revenue.

Uncertainties associated with online booking of tickets are high as demand fluctuates based on the popularity of the event. In case of movies, the stage of lifecycle a movie has reached plays a pivotal role in demand for online booking. To elaborate, 2-3 weeks after a film’s release, patrons prefer purchasing tickets at the counter instead of paying additional surcharge fees since movie halls are comparatively less crowded during that time.

Full Research Report On Online Event Ticketing Market Visit Here: https://www.grandviewresearch.com/industry-analysis/online-event-ticketing-market

Further key findings from the report suggest:

• Mobile applications are expected to surpass the traditional Internet platform for online movie booking services by 2019, which can be attributed to increased penetration of smartphones and improved connectivity through affordable 3G and 4G LTE Internet packs
• Asia Pacific is expected to witness significant growth over the forecast period due to increasing penetration of Internet and smart devices
• Increased disposable income is resulting in a rise in discretionary spending on entertainment and leisure. Moreover, movies account for a major part of the entertainment sector, which may catapult demand over the coming years
• Increasing movie releases worldwide is also expected to drive online movie booking services
• Venue owners and concert organizers across the globe are selling VIP packages, including premium food and beverages, backstage access, preferred seats, and VIP restrooms, which is expected to increase market growth.

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Grand View Research has segmented the global online event ticketing market on the basis of platform, event type, and region:

Online Event Ticketing Platform Outlook (USD Million, 2014 - 2025)

• Desktop
• Mobile

Online Event Ticketing Event Type Outlook (USD Million, 2014 - 2025)

• Sports
• Music & Other Live Shows
• Movies

Online Event Ticketing Regional Outlook (USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• Japan
• India
• Middle East & Africa
• Latin America
• Mexico
• Brazil

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Software Defined Perimeter Market Size Is Projected To Reach $10.25 Billion By 2025

The global software defined perimeter market size is expected to reach USD 10.25 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.4% during the forecast period. Evolution of IoT and developments in Bring Your Own Device (BYOD), are anticipated to boost the growth. Increasing adoption of cloud technology by small and medium enterprises is expected to boost the overall software defined perimeter (SDP) market. Increasing exposure to cloud migration has made it difficult for the enterprises to efficiently secure the perimeter.

Traditional VPN access is liberal and grants remote workers with the access to the network which are further not required to complete the tasks. This results in the access to the resources and are unreasonably visible, vulnerable, and can be attacked easily. Organizations require surplus user connection and deployment through many cloud instances. VPN or the firewall costs increases instantly with the need for these surplus authorizations. VPN also offers flexibility and hence, can be used to connect Virtual Private Clouds (VPCs), datacenters, and multiple networks. However, these connection costs high and are resource-intensive. SDP reduces the costs incurred and hence drives demand for data security in the infrastructure.

Many organizations such as banks and other finance services, healthcare, and telecom provider face difficulty in meeting the security requirements in virtualized cloud environments. Financial institutions have a requisite of data center with several physical controls. This makes it difficult for financial institutions to utilize public cloud services. SDP simplifies these difficulties and helps in utilizing the public cloud services when required.

Full Research Report On Software Defined Perimeter Market Visit Here: https://www.grandviewresearch.com/industry-analysis/software-defined-perimeter-sdp-market

Further key findings from the report suggest:

• Telecom and IT is projected to emerge as the fastest growing segment over the forecast period
• Large enterprises emerged as the largest segment in 2017 and is estimated to generate revenue over USD 7.02 billion by 2025
• North America held the largest share in the SDP market in 2017, owing to adoption of cloud technology and stringent regulations on data
• Key players operating in the SDP market include Cisco Systems Inc.; Juniper Networks; Intel Corporation; Fortinet Inc.; Symantec Corporation; Certes Networks; EMC RSA; among others

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Grand View Research has segmented the software defined perimeter market on the basis of enforcement point, deployment, organization, application, and region:

Software Defined Perimeter Enforcement Point Outlook (Revenue, USD Million, 2015 - 2025)

• Gateway
• Controller
• End-Point

Software Defined Perimeter Deployment Outlook (Revenue, USD Million, 2015 - 2025)

• On-Premise
• Cloud

Software Defined Perimeter Organization Outlook (Revenue, USD Million, 2015 - 2025)

• Small and Medium Enterprises
• Large Enterprises

Software Defined Perimeter Application Outlook (Revenue, USD Million, 2015 - 2025)

• Defense
• Telecom & IT
• BFSI
• eCommerce & Retail
• Healthcare
• Government
• Others

Software Defined Perimeter Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• Middle East & Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Harmonic Filters Market Growth & Trends

The global harmonic filters market size is estimated to reach USD 1.28 Billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 7.1% during the forecast period. Harmonic filters are an integral part of electric power systems that are used for mitigation of harmonics, an effect produced due to non-linear loads. Significant investments in building renewable energy infrastructure worldwide coupled with the rapid adoption of variable frequency drives (VFDs) for industrial applications such as heating, ventilation, and air conditioning (HVAC) and electric motors are anticipated to boost the growth of the market.

Harmonic filter is an essential component integrated into power converters and inverters, UPS systems, and other commercial applications such as data centers, hospitals, and offices to enhance power quality in these systems. The global demand for the product is projected to rise tremendously by 2030 on account of increasing investments by governments in the deployment of renewable energy infrastructure (wind energy and solar energy).

For instance, China invested approximately USD 126 Billion on renewable energy infrastructure in 2017. Harmonic resonance is a key concern during the set-up of large solar and wind power plants. Harmonic filters are installed during the deployment of renewable energy infrastructure for the purpose of mitigating harmonic disturbances and power losses.

Additionally, key market players are focusing on developing new innovative products for the rapidly growing e-mobility market across the world. For instance, in 2017, Schaffner Holding AG introduced a new lightweight active harmonic filter for electric vehicles with the objective of delivering high performance and reducing power losses even at a high frequency. Moreover, the strong adoption of harmonic filters in the manufacturing and consumer electronics industry coupled with significant renewable energy investments enabled the Asia Pacific regional market to gain a substantial share in 2017.

Increasing investments aimed at the construction of new data centers and renewable energy infrastructure in key countries such as the U.S., China, India, and the U.K. are poised to drive the market over the forecast period. Despite all these benefits, lack of product awareness among small and medium-sized manufacturers coupled with significant availability of substitute products is likely to inhibit the growth of the global harmonic filters market over the forecast period.

Full Research Report On Harmonic Filter Market Visit Here: https://www.grandviewresearch.com/industry-analysis/harmonic-filter-market

Harmonic Filters Market Report Highlights

• In 2017, Asia Pacific represented the leading share in the market, owing to the high adoption of VFDs in the manufacturing industry, data centers, and the energy & power sectors
• Europe is expected to reflect the highest growth during the forecast period on account of increasing investments in the deployment of renewable energy infrastructure along with burgeoning demand for harmonic filters from the automotive industry, specifically for their use in electric vehicles
• Significant investments in R&D initiatives to develop new and innovative harmonic filters with the objective of reducing the overall input voltage and enhancing product performance is estimated to stimulate the growth of the market
• Investments aimed at building new data centers to meet the needs of business enterprises are anticipated to stir up the adoption of harmonic filters over the forecast period.

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Harmonic Filters Market Segmentation

Grand View Research has segmented the global harmonic filters market on the basis of product, phase, voltage, end use, and region:

Harmonic Filters Product Outlook (Revenue, USD Million, 2015 - 2025)

• Active
• Passive
• Hybrid

Harmonic Filters Phase Outlook (Revenue, USD Million, 2015 - 2025)

• Single-Phase
• Three-Phase

Harmonic Filters Voltage Outlook (Revenue, USD Million, 2015 - 2025)

• Low
• Medium
• High

Harmonic Filters End-Use Outlook (Revenue, USD Million, 2015 - 2025)

• Industrial
• Commercial
• Residential

Harmonic Filters Regional Outlook (Revenue, USD Million, 2015 - 2025)

• North America
• The U.S.
• Canada
• Mexico
• Europe
• The U.K.
• Germany
• France
• Spain
• Italy
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Latin America
• MEA

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Cable Management System Market Growth & Trends

The global cable management system market size is poised to reach USD 26.48 billion by 2025, according to a new study by Grand View Research, Inc., progressing at a CAGR of 8.2% during the forecast period. Growing demand for cable management systems in the IT & telecommunication industry is projected to augment the market.

Cable management products help in handling cabling systems in residential and commercial buildings to manage cable connections during pre-construction as well as post construction. Numerous components of cable management systems are used in the construction industry, such as floor ducts & boxes, cable glands & connectors, electrical raceways, trays & ladders, and electrical conduit systems. Surging demand for better infrastructure and rapid industrialization in developing economies are driving the cable management system market.

Government initiatives for time-bound creation of excellent infrastructure in developing countries are boosting the growth of the construction sector, which in turn is fueling the demand for cable management systems. Using these systems minimize the risk of cables being disconnected and also protect them from damages caused due to stretching or harsh environment conditions.

Stringent legal and regulatory standards have compelled manufacturers to develop durable and flexible management systems. This is further anticipated to boost the demand for cable management systems over the forecast period. Growing demand for metallic cable trays in industrial and commercial applications is estimated to stoke market growth.

Full Research Report On Cable Management System Market Visit Here: https://www.grandviewresearch.com/industry-analysis/cable-management-system-market

Cable Management System Market Report Highlights

• Cable management systems find applications in the oil & gas industry due to properties such as ability to perform in harsh environments, reliability, high insulation, and high resistance to chemicals
• PVC plastic materials are widely used in the oil & gas industry owing to their high acid-resistant capability. Heat shrinks insulation cables in case of fire, due to which they are primarily used in the manufacturing of cable ducts, cable trays, and cable trunks that are installed in oil & gas plants
• North America is expected to dominate the market through 2025, accounting for over 32.0% of the overall revenue
• Surging demand for data communication cables for transmission of signals is likely to escalate the need for cable trays and cable trunks in regions such as China, Japan, India, and other developing countries
• Key industry participants include ABB Ltd.; Atkore International Holdings Ltd.; Chatsworth Products, Inc.; Eaton Corporation; Legrand SA; and Enduro Composites, Inc.

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Cable Management System Market Segmentation

Grand View Research has segmented the global cable management system market on the basis of product, material, end use, and region:

Cable Management System Product Outlook (Revenue, USD Million, 2014 - 2025)

• Cable Trays
• Cable Trunks
• Boxes, Connectors, and Distribution Boards
• Cable Conduits
• Others

Cable Management System Material Outlook (Revenue, USD Million, 2014 - 2025)

• Metallic
• Non-Metallic

Cable Management System End Use Outlook (Revenue, USD Million, 2014 - 2025)

• IT & Telecom
• Manufacturing
• Energy & Utilities
• Healthcare
• Oil & Gas
• Public Infrastructure
• Commercial
• Residential
• Others

Cable Management System Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• France
• Russia
• Nordic Region
• Asia Pacific
• India
• Australia
• China
• Japan
• Latin America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• U.A.E.

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Liquid Analytical Instrument Market Size Is Predicted To Reach $606.2 Million By 2025

The global liquid analytical instrument market size is expected to reach USD 606.2 million by 2025, according to a new study conducted by Grand View Research, Inc., registering a 5.5% CAGR during the forecast period. Increasing demand for liquid analytical instruments in food and beverage processing units for control and measurement of chemical composition of fluids is expected to drive the market.

Liquid analytical instruments are largely used in industrial manufacturing processes as they provide bias-free outcomes and rapid and accurate measurements. Increasing adoption of automated liquid analytical instruments in the pharmaceutical industry helps decrease human interferences and enable effective data control and monitoring. This is further anticipated to propel market growth over the forecast period.

Rapid and extensive development of the biotechnology industry, coupled with high adoption rate of precise analytical instruments, is expected to drive the market through 2025. Emergence of advanced technologies such as high-frequency liquid analysis and stream selection technology is further expected to fuel market growth.

Increasing demand for liquid analytical instruments for real-time data monitoring in end-use industries such as water treatment to enhance overall process efficiency is further contributing to market growth. Moreover, focus on protecting the environment and stringent environmental policies has propelled the adoption of liquid analytical instruments in various end-use industries such as chemicals, pharmaceuticals, and healthcare and biotechnology.

Full Research Report On Liquid Analytical Instrument Market Visit Here: https://www.grandviewresearch.com/industry-analysis/liquid-analytical-instrument-market

Further key findings from the report suggest:

• By instrument, infrared analyzers are expected to emerge as the fastest-growing instrument segment, registering a CAGR of over 6.5% over the forecast period. This can be attributed to benefits such as high-speed measurements and non-destructive analysis
• Liquid analytical instruments are widely adopted in wastewater management applications as a result of increased demand for real-time data monitoring and growing awareness about environmental protection measures across the world
• Liquid analytical instruments are widely used in the food and beverage industry to analyze liquid levels in non-alcoholic beverages, alcoholic drinks, and infusion beverages among others
• North America is expected to retain its dominance in the market over the forecast period and is anticipated to reach USD 189.6 million by 2025. Market growth is fueled by increasing adoption of liquid analyzers in water management and biotechnology industries, in addition to stringent government regulations about environmental protection
• Key industry participants include Honeywell International Inc.; Yokogawa Electric Corporation; ABB Ltd.; and Emerson Electric Co.

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Grand View Research has segmented the global liquid analytical instrument market on the basis of instrument, application, end use, and region:

Liquid Analytical Instrument Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

• Conductivity & Resistivity Analyzers
• Infrared Analyzers
• Oxygen Analyzers
• pH/ORP Analyzers
• Turbidity Analyzers
• Others

Liquid Analytical Instrument Application Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

• Liquid Chemistry Monitoring
• Drug Discovery
• Wastewater Management
• Water Purification
• Others

Liquid Analytical Instrument End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

• Chemicals
• Energy
• Food & Beverage
• Healthcare & Biotechnology
• Oil & Gas
• Pharmaceuticals
• Others

Liquid Analytical Instrument Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Colombia
• Middle East & Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Automated Fingerprint Identification System Market Growth & Trends

The global automated fingerprint identification system (AFIS) market size is projected to reach USD 12.46 billion by 2025, according to a new study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 18.4% over the forecast period. Increasing demand for advanced security systems across various business domains is expected to boost the growth. In addition, rising adoption of mobile payment solutions and demand for integrated AFIS solutions are expected to fuel the expansion.

AFIS is increasingly used to cater to the safety and security needs of individuals and organizations, on account of growing number of threats across the globe. A biometric identification system is difficult to circumvent. Systems based on this technology provide a secure identification and verification mechanism to mitigate the level of transaction frauds and security breaches. This factor is expected to drive the demand for automated fingerprint identification systems over the forecast period.

Smart homes are equipped with advanced security systems such as fingerprint access control. Additionally,existing building retrofits are installing biometric security systems to counter thefts and malicious entries. This is further expected to boost the market growth. Furthermore, increasing terrorist activities and theft cases have compelled governments to deploy AFIS solutions in various government agencies, which, in turn, is expected to drive the market in near future.

The rising demand for AFIS technology in enterprises to monitor the attendance of employees is expected to propel the market growth. Developers are focusing on introducing automated fingerprint identification systems that can withstand extreme conditions and can be used suitably across various industries, including manufacturing, IT and telecommunication, construction, and oil and gas, among others.

Full Research Report On Automated Fingerprint Identification System Market Visit Here: https://www.grandviewresearch.com/industry-analysis/automated-fingerprint-identification-system-market

Automated Fingerprint Identification System Market Report Highlights

• Software segment is anticipated to account for a significant market share over the forecast period owing to the advantages offered by biometric identity and security software
• Government segment is expected to account for a significant market share over the forecast period owing to the increasing use of AFIS technology in e-governance applications and law and enforcement agencies
• North America is expected to continue to lead the market over the forecast period and reach USD 4.05 billion by 2025. Growing adoption of AFIS by law enforcement agencies for criminal identification is anticipated to propel regional market
• Key companies operating in the Automated Fingerprint Identification System (AFIS) market include Gemalto NV; NEC Corporation; Crossmatch; IDEMIA; Dermalog Identification Systems GmbH; SUPREMA; Fujitsu Limited; Sonda Technologies; HID Global Corporation; Papillon Systems; East Shore Technologies, Inc.; and AFIX Technologies.

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Automated Fingerprint Identification System Market Segmentation

Grand View Research has segmented the global Automated Fingerprint Identification System (AFIS) market on the basis of component, end use, and region:

Automated Fingerprint Identification System (AFIS) Component Outlook (Revenue, USD Million; 2014 - 2025)

• Hardware
• Software
• Service

Automated Fingerprint Identification System (AFIS) End-use Outlook (Revenue, USD Million; 2014 - 2025)

• Banking & Finance
• Consumer Electronics
• Defense & Security
• Government
• Healthcare
• Transport/Logistics
• Others

Automated Fingerprint Identification System (AFIS) Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• MEA

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com