Globally, the HR outsourcing market is expected to grow with a CAGR of more than 10% during the forecast period from 2019 to 2027.The adoption of HR outsourcing is rising rapidly across several medium and small size enterprises. The optimize utilization of its resources provided by HR outsourcing helps the organizations to maximize outputs and profits. Additionally, HR outsourcing majorly improves customer and client communication.

The global HR analytics market garnered the value of US$ 2.33 Bn in 2018 and is likely to witness noteworthy growth, with a CAGR of 12.8% during the forecast period from 2019 to 2027. Analytics have changed and has been continuously changing how every department in an organization is doing business. It has helped in discovering, interpreting and communicating meaningful patterns in data. HR analytics works by collecting employees’ data, from the work history to their employee satisfaction scores, and instilling this information into advanced computer models.

Globally, the high frequency line traps market is projected to grow with a CAGR of over 7.0% during the forecast period from 2019 to 2027. High frequency line trap is a parallel resonant circuit which requires minimum or negligible maintenance. These line traps are fixed inline on high-voltage AC communication power lines that helps avert the transmission of carrier signals with high frequency to undesirable directions.

Globally, the HID ballast market is expected to decline with a CAGR of -8.2% during the forecast period from 2019 to 2027, starting from US$ 9.05 Bn in 2018. The supportive government policies and initiatives related to restricting the use of inefficient lamps is the primary force inhibiting the growth of the HID ballast market. The governments across the globe are constantly working towards optimizing the use of energy resources and promoting the use of energy efficient technologies.

The global heat pumps market is rising proficiently, anticipated to grow at a CAGR of 7.9% throughout the estimated period from 2019 to 2027, starting from US$ 50.25 Bn in 2018. Increased government regulations and support for co2 emissions in the form of incentives, subsidies and others will drive the market for heat pumps. For instance, in 2018, China National Petroleum Corporation contracts with Cheniere Energy for 25 years to purchase 1.2 Mn tons LNG annually.

Globally, the hardware as a service (HaaS) market is expected to grow with a CAGR of 25.2% during the forecast period from 2019 to 2027. The market is driven by the growing need among growing demand among the organizations to reduce the cost of operation and gain operational efficiency. As the competition among the market players is increasing and the profit margins are getting narrower, organizations are shifting from CAPEX model to OPEX model to reduce the cost of operation.

a

The global haptic holography market was valued at US$ 253.5 Mn in the year 2018 and expected to reach US$ 4,678.4 Mn by the year 2027, expanding at a CAGR of 38.5% during the forecast from 2019 to 2027. As humans are moving towards the more digitalized world, technologies to blend the virtual world with physical world is an utilitarian application. Haptic holography is one of them, with capabilities to transform the business in an unimagined way. Furthermore, the global haptic holography market is a novelty market and projected to gain momentum during the forecast period.

Grease is a form of semisolid lubricant typically containing vegetable or mineral oil blended soap. Grease is a by-product from the dispersal of a liquid lubricant thickening agent. Depending upon the type of thickener, type of base oil, and the additive technology used, the grease properties differ.

The global graph database market is poised to reach US$ 4,603.4 Mn by 2027, expanding at a CAGR of 24.3% over the forecast period from 2019 to 2027. Penetration of Internet of Things (IoT) and Artificial Intelligence (AI) has prominently triggered the volume of data generation per year turning their analysis into more complex process. As per ‘World Economic Forum’ total data generation will reach nearly 463 Exabyte (10006 bytes) by the year 2025.

Globally, the gait trainer market is expected to grow with a CAGR of 6.2% during the forecast period from 2019 to 2027, and was recorded to have a market value of US$ 303.0 Mn in 2018. A gait trainer is the device, which are used to support a person or a patient who is not capable to walk independently. These devices allow an individual to walk safely and efficiently which is a part of gait training. Gait trainers are developed to improve the walking ability of children or adults who has physical disabilities.

The floating wind turbines market is expected to reach US$ 19.9 Bn in 2027, growing at a CAGR of 30.81% during the forecast period from 2019 to 2027. Offshore wind energy has become one of the best alternatives for clean energy. Where bottom-mounted structures are not feasible, wind turbines are mounted on floating structure in sea water for producing electricity.

Globally, the fifth wheel coupling market is expected to grow with a CAGR of 6.4% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$ 580.0 Mn. The fifth wheel coupling is the devices, which are used for linking a tractive unit to a towed unit. The main functionality of the fifth wheel is to provide articulation among the tractive and the towed units. These coupling systems consist of kingpin, couplers, mounting plates, various linkages and others.

The field service management market worldwide is expected to grow with a CAGR of 18.0% during the forecast period from 2019 to 2027, starting from US$ 3.01 Bn in 2018. Increasing adoption for cloud-based field service management solutions and mounting demand for agility for quick solutions shall drive the field service management market. Field service management is a tool used for operational efficiencies in organizations. It enables the integration of accounting, billing, distribution and servicing. It offers real time communication in a working environment.

Globally, the field device management market is expected to grow with a CAGR of more than 6.7% during the forecast period from 2019 to 2027, starting from US$ 1.22 Bn in 2018. The global field device management market is growing based on factors such as growing importance of industry 4.0 and smart factory, growing demand for filed device management systems, increasing focus on reducing the operational and maintenance cost, and growing investments in development of IoT and automation solutions.

Globally, the fall protection equipment market is expected to grow with a CAGR of 7.2% during the forecast period from 2019 to 2027, starting from US$ 1.65 Bn in 2018. The fall protection equipment market is growing at a significant pace based on various factors such as increasing awareness regarding industrial safety, growing demand of fall protection equipment for recreational activities, growing utilization of fall protection equipment in construction, industrial and utility sectors and stringent government regulations pertaining to safety in various industries.

Globally, the facilities management market is expected to grow with a CAGR of 13.60% during the forecast period from 2019 to 2027 and had registered a market value of US$ 33.60 Bn by 2018. Facilities management is defined as an organizational functioning, which integrates the premises, individuals, and process within a facility to improve the productivity of the core business. The facility management services ensure the safety, comfort, and efficiency of the facility environment.

The electric Vertical Takeoff and Landing (eVTOL) aircraft market expected to reach at the market value of US$ 315.2 Mn in 2027. With development of autonomous aircraft technology, applications of electronic aircrafts expected to grow at rapid rate. Several market players have recognized an opportunity for passenger-carrying applications with small self-piloted aircraft.

The enterprise VSAT system market worldwide is expected to grow with a CAGR of 9.5% during the forecast period from 2019 to 2027, starting from US$ 4.50 Bn in 2018. Escalation in satellite services penetration for cross-vertical applications is driving the demand for enterprise VSAT systems worldwide. Further, increase in technological advancements has substantially supported the enterprise VSAT system market. Enterprise VSAT offers wide range of voice & video communication and data services to the users, which comprise of large businesses or corporations.

The growing use of engineering plastics in industrial applications anticipated to grow the global engineering plastic market during the forecast period. The growing trend of light-weight vehicles in the automotive industry for reducing the stress on the vehicle to improve fuel efficiency and for reducing carbon-emission, engineering plastics are widely used by automotive manufacturers. Moreover, increasing the use of engineering plastic in the end-use segments such as electrical & electronics, packaging, and building & construction is further advancing its demand in the global market.