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in 2016, the global B2C ecommerce industry generated revenue of US$ 2.1 trillion, from US$ 1.8 trillion in 2015, and is expected to reach up to US$ 2.4 trillion by 2017. Several e-commerce companies that have adopted the online platform to sell their products do not have their own logistics services. This also contributes to the increased demand for TPL. Increasing number of startups, generally are unable to afford their own logistics services, thus increasing the demand for third party logistics. Moreover, the convenience of shopping online, is increasing adoption of online shopping by several customers worldwide, which in turn, is expected to fuel growth of the third party logistic services in e-commerce industry.

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Third-party logistics (TPL or 3PL), is a service provider outsourced by a company in a supply chain management or logistic. Increasing globalization for trade offers manufacturing companies with a worldwide networking platform. Companies majorly focus on keeping up with their productivity and thus rely on third-party logistics to suffice their transportation and packaging. This, in turn, has driven the growth of the market for third party logistics. The growing e-commerce industry is one of the major drivers for the growth of the global third-party logistics market. For instance, in 2016, the global B2C e-commerce industry generated revenue of US$ 2.1 trillion, from US$ 1.8 trillion in 2015, and is expected to reach up to US$ 2.4 trillion by 2017. Several e-commerce companies that have adopted the online platform to sell their products do not have their own logistics services. This also contributes to the increased demand for TPL. An increasing number of startups, generally are unable to afford their own logistics services, thus increasing the demand for third party logistics. Moreover, the convenience of shopping online is increasing the adoption of online shopping by several customers worldwide, which in turn, is expected to fuel growth of the third party logistic services in the e-commerce industry.

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The market report envelopes all-in information on the global Learning Management System Market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Learning Management System market with Regression Analysis, S.T.E.E.P.L.E and Porter's Five Forces Analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Learning Management System market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Learning Management System market.

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A learning management system (LMS) is a software solution that is used for reporting, tracking, documentation, administration, training programs, and delivery of educational courses. The learning management system vendors are focused on providing online courses and various hybrid courses such as flipped classrooms and blended learning. The LMS also manages instructional content, online course administration and assessment of student work have increased the demand for LMS in academics. Moreover, the LMS is also adopted by corporate bodies for training purposes. The implementation of a training management system helps to manage instructor-led training and learning records stores to store and track the data. In addition, the implementation of performance management systems in LMS offers the options of multi-rater assessments, succession planning, skills gap analysis, and competency management increased the demand for learning management systems in various industries.

3D printing or also referred to as additive manufacturing is the construction of a three-dimensional object from a CAD model or digital 3D model. An object of any shape and size can be created by using a digital model. The primary principle in 3D printing includes the flexibility of output, translation of code, and material cartridges into a visible pattern. At present, this technology is used for rapid prototyping, speedy manufacturing, mass customization, and mass production.

The global 3D printing market is estimated to account for US$ 15,320.8 Mn in terms of value by the end of 2027.

Competitive Section

Major companies operating in the global 3D printing market are 3D Systems, Inc., Voxeljet Technology GmbH, Arcam AB, Stratasys, Ltd., Concept Laser GmbH, Solidscape, Inc., EOS GmbH Electro Optical Systems, SLM Solutions GmbH, ExOne GmbH, and Optomec.

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3D printing has witnessed massive adoption in the recent past, owing to expanding application areas. Growing awareness about the benefits of using 3D printing over conventional methods of manufacturing has further increased the adoption of 3D printing. Moreover, technological advancements such as the incorporation of new materials and surface enhancement of the final model, are expected to expand the application areas of 3D printing. In consumer applications, 3D printing is used in jewelry, home décor, toys, art, gadgets, and glass frames. Currently, this technology is set to replace die-casting and sand casting in the early phases of production. Therefore, these factors are expected to drive growth of the global 3D printing market during the forecast period.

Smart agriculture or smart farming is a farming management concept that uses modern technology to increase the quality and quantity of agricultural products. Smart agriculture solution helps various entities including farmers and distributors in the value chain, in order to transform and reorient agricultural systems to optimize food productivity. This, in turn, ensures higher productivity with the effective use of resources and prevention of food loss to a certain extent. Both hardware and software components are part of smart agriculture solutions. Hardware components include sensor monitoring, smart detection, GPS enabled ranging systems, and drones.

The global Smart Agriculture Solution Market was accounted for US$ 18975.7 Mn in terms of value in 2019 and is expected to grow at CAGR of 11.2% for the period 2020-2027.

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Various power bank manufacturers are focusing on introducing support for USB Type-C connectivity, along with existing micro USB connectivity, and fast charging features in their devices. For instance, in January 2017, Foto Electric Supply Co., Inc. introduced SpeedBank power bank series in order to enhance its power bank portfolio.

Growing focus on form factor is another major trend. Li-Polymer (Lithium-Polymer) battery offers such properties that make it lucrative for power bank manufacturers to downsize their products.


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A power bank is a portable device that can supply power from its built-in battery through a USB port. Power banks are popular for charging USB charged devices and can be used as a power supply for numerous USB devices such as small fans and lights. Generally, they recharge with a USB power supply. Furthermore, a power bank includes a control circuit that regulates charging of the battery. It also converts battery voltage to 5.0 volts for the USB port. There are different types of portable battery packs including a lithium-ion battery, lithium-polymer, nickel-metal, nickel-cadmium, etc.

The global Portable Battery Pack (Power Banks) Market was accounted for US$ 877 Mn in terms of value in 2019 and is expected to grow at CAGR of 8.0% for the period 2020-2027.

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The disposable income of consumers in developed, as well as emerging economies, has been on a rise. As a result of this, consumers are shifting towards advanced mobile accessories such as headphones and power banks. According to Coherent Market Insights’ analysis, in 2015, global disposable income increased by 3.1% as compared to 2014. Furthermore, global population is increasing rapidly, especially in emerging regions such as MEA and Asia Pacific. According to the United Nations (UN), global population is expected to increase from 7.2 Bn in 2013 to 9.6 billion by 2050. Thus, these factors are expected to drive growth of the global portable battery pack (power banks) market during the forecast period.

Increasing demand for imaging systems for precision farming is expected to drive the growth of the global imaging technology market for precision agriculture during the forecast period
The advent of the unmanned aerial vehicle (UAV) has offered numerous advantages to precision farming along with ease of use, improved data accuracy, and low cost. This, in turn, provides an accuracy of data for imaging systems, thereby augmenting precision farming. Moreover, there are various applications of imaging systems in precision farming such as animal monitoring, crop health monitoring, environmental impact assessment, irrigation equipment monitoring, weed and pest identification, and variable rate fertility. Hence, these factors are expected to drive the growth of the market during the forecast period.

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Advent of unmanned aerial vehicle (UAV) has offered numerous advantages to precision farming along with ease of use, improved data accuracy, and low cost. This, in turn, provides accuracy of data for imaging systems, thereby augmenting precision farming. Moreover, there are various applications of imaging systems in precision farming such as animal monitoring, crop health monitoring, environmental impact assessment, irrigation equipment monitoring, weed and pest identification, and variable rate fertility.  Hence, these factors are expected to drive growth of the market during the forecast period.

Pro AV offers significant features including multiple personal computer support, multi-touch Ultra HD (4K), multiple wireless screen support, individual activity control, etc. Such features enhance smart learning and hence education sector is increasingly adopting pro AV. Furthermore, pro-AV integrated smart learning offers real-time blended teaching and learning, augments visualization and creativity, and provides better in-classroom experience.

Market Opportunities

1. Incorporation of AV solutions in mobile devices can present lucrative growth opportunities
2. High market opportunities in emerging markets can provide major business opportunities

Market Restraint:

High initial cost of pro-AV is expected to restrain growth of the global pro AV market during the forecast period.

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Pro AV refers to an advanced audio-video system integration used for commercial purposes. Pro AV uses various components such as display components, camera, audio components, computer, controller, room scheduler, companion whiteboard, advanced options such as digital signage, and other supporting accessories. All these components connectively help to improve the connectivity and communication between offices of two different locations. Therefore, it is used in various sectors, which include education, government, hospitality/retail, and others.

The global Pro AV market was valued at�US$ 246.5 Bn�in�2019�and is expected to exhibit a�CAGR of 11.2%�during the forecast period�(2020-2027).

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Pro AV refers to an advanced audio-video system integration used for commercial purposes. Pro AV uses various components such as display components, camera, audio components, computer, controller, room scheduler, companion whiteboard, advanced options such as digital signage, and other supporting accessories. All these components connectively help to improve the connectivity and communication between offices of two different locations. Therefore, it is used in various sectors, which include education, government, hospitality/retail, and others.

The global Pro AV market was valued at US$ 246.5 Bn in 2019 and is expected to exhibit a CAGR of 11.2% during the forecast period (2020-2027).

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Pro AV provides certain features such as interactive multi-touch Ultra HD (4K) screen, multiple wireless screen support, multiple personal computer support, individual activity control, and others. Hence, the use of Pro AV technology in the smart learning market is rapidly increasing. The global smart learning market is growing, which will help the Pro AV market to exhibit growth over the forecast period. According to Coherent Market Insights’ analysis, the global smart learning market is expected to rapidly grow from US$ 23.7 billion in 2019 to US$ 65.5 billion by 2027, with CAGR 22.1% during the forecast period 2020-2027. Thus, increasing the use of smart learning in the education sector is expected to drive the growth of the global Pro AV market during the forecast period.