Healthcare API Market Worth USD 336.02 million by 2027 | CAGR: 6.3% | Grand View Research, Inc.

Grand View Research, Inc. - Market Research And Consulting.

According to a new report by Grand View Research, Inc., The global healthcare API market size was valued at USD 210.9 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2020 to 2027. Increasing adoption of Application Programming Interfaces (API) integrated Electronic Health Records (EHRs) that provide simplicity and ease of healthcare data accessibility is driving the market growth.

The global healthcare API market is expected to reach at USD 336.02 million by 2027 with a CAGR of 6.3%, according to a new report by Grand View Research, Inc. The rise in demand for healthcare applications in the medical industry that offer simplicity and convenience to the users. More commonly, it is referred as mHealth apps that has gained a huge momentum in the recent years and continues to retain the dominance in the coming years.

The optimal quality of patient treatment and care has resulted in patient outcomes and satisfaction. The rise in need for quality in healthcare sector has driven the technological outcome. For instance, integrated technologies in the healthcare and medical industry has enabled a seamless workflow between buyers and service providers. Adoption of standardized practices has led in an easy access of patient’s data. In addition, the companies are emphasizing on API development and EHR software to provide interlinked technology for better accessibility.

Healthcare companies tend to embrace the APIs to organize and structure their data capacities. APIs can help in gaining a high edge for HCOs having better solutions for every healthcare scenario. The technological aspects can work collaboratively between payers and service providers to develop innovative applications to serve a healthcare niche.

Download Free Sample Report @

https://www.grandviewresearch.com/industry-analysis/healthcare-api-market/request/rs1

Covid-19 Effect:

The ongoing pandemic has resulted in lockdown across several nations adhering to the severity of the disease. Social distancing and other preventive measures have propelled the demand for technological platforms to interact with healthcare resources. This has resulted into containing the virus spread and accessing the healthcare facility through videoconferencing. Going forward, the healthcare companies will now look out for innovative ventures that will ensure patient privacy and enable an interoperable technology for Covid-19 research.

Further findings from the report suggest:

l  Electronic health record (EHR) is a dominant application in terms of revenue basis the high adoption of API platform in the EHR by mid and large medical ventures

l  Cloud-based API models is expected to dominate the deployment segment based on advantages and remote access

l  Service providers in the end-use segment is comprised of growing adoption by large healthcare companies having the objective for providing better patient care and quality treatment

l  Healthcare payer segment is expected to gain a significant CAGR in the forecast period attributing to the easy access to billing information provided by these platforms

Factors such as technological advancements in health care solutions and the co-existence of healthcare and IT services are expected to continue driving the adoption of healthcare API. It allows patients to get well acquainted with the doctors or specialist’s details and appointment suggestions. Increasing focus towards the adoption of the Internet of Things (IoT) and Remote Patient Monitoring (RPM) is expected to drive the market growth in the forthcoming years.

Industry players are trying to develop a fully integrated API solution to gain market penetration. Moreover, the COVID-19 pandemic has increased the need for remote access to patients’ data which is expected to boost the growth of the market. For instance, in May 2020, Change Healthcare launched a suite of solutions such as industry-standard APIs, hardware bundle, and software solutions in order to help telemedicine providers to deploy virtual care services.

Have some specific queries about this report, our team of analyst will be glad to help!

The market is competitive in nature. The key players are involved in strategic collaborations, new product launches coupled with mergers and acquisitions to strengthen their market position. For instance, in 2019, Allscripts and Northwell Health partnered to produce artificial intelligence-based, voice-enabled, and cloud-based EHR. This is expected to enhance the company’s penetration. In November 2019, pCare partnered with Redox for better data integration of pCare platform with HCO’s existing HIT systems. In June 2020, MuleSoft launched a new accelerator for healthcare with prebuilt APIs and common EHR systems like Cerner and Epic.

Some of the prominent players in the healthcare API market include:

l  Athenahealth

l  AllScripts Healthcare Solutions Inc.,

l  Apple Inc

l  Cerner Corporation

l  Epic

l  eClinical Works LLC

l  Microsoft Corporation

l  Google Inc

l  Sansoro Health

l  MuleSoft Inc.

The healthcare payers segment is expected to showcase lucrative growth over the forecast period. A customized workflow created by the integrated API ensures easy approval and review of the desired data by healthcare payers and caregivers. API also allows easy patient billing and management of patient appointments. The payers can securely get access to patients’ health records and bills without unwanted phone calls and going through receptionists.

Check out special pricing options for sectional purchase and startup companies

Grand View Research has segmented the global healthcare API market on the basis of services, deployment model, end-use:

Healthcare API Services Outlook (Revenue, USD Million, 2016 - 2027)

• EHR Access
• Appointments
• Remote Patient Monitoring
• Payment
• Wearable Medical Device

Healthcare API Deployment Model Outlook (Revenue, USD Million, 2016 - 2027)

• Cloud-based
• On-Premise

Healthcare API End-use Outlook (Revenue, USD Million, 2016 - 2027)

• Healthcare Payers
• Providers
• Patients
• Vendors

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.

 

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist - U.S.A.
Email:Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/healthcare-api-market

Theresa Santiago Critical Team Member of COUNTERPART ETO ERP

Theresa Santiago, Account Executive at COUNTERPART brings over 20 years of experience with selling software to manufacturers. Santiago improves business’ overall results by supporting, implementing, and selling to shop manufacturers with award winning results.  

Santiago is delighted to be part of the COUNTERPART team and shared, “My role allows me to partner with engineer-to-order/custom build manufacturers. This is so important because they have fallen by the wayside in the ERP software space – but with COUNTERPART, our engineering-driven manufacturing solution works like they do and will quickly make their lives easier, increase efficiencies and productivity while reducing costs and increasing overall profitability. It’s very rewarding to play a role in helping businesses grow and prosper.”    

About COUNTERPART ETO ERP: 

COUNTERPART is a full business operating software solution for engineer-to-order (ETO) manufacturers. COUNTERPART Enterprise Resource Planning (ERP) significantly improves efficiency, visibility, and project management while reducing human error. 

Unlike many ETO ERP solutions COUNTERPART is an engineering-centric solution.  Most ERP systems are back-office accounting solutions and distracted by CRM and other operational functions. COUNTERPART ensures there are no features which detract from focusing on the BOM (Bill of Materials) to address the fast-changing engineering challenges of ETO manufacturers.

COUNTERPART enables manufacturing teams to access the information needed to do the job. By offering a bi-directional software solution integrated with SOLIDWORKS® to share real-time information with those who need it, engineers and purchasing have a non-stop and instantaneous job progress status report. These COUNTERPART elements allow ETO manufacturers to leverage the information to improve engineering efficiency.

According to COUNTERPART Sales Manager Todd Clevenger, “When ETO manufacturers improve visibility into project monitoring and focus on challenges and opportunities for improvement, best-in-class lean manufacturing is achieved.”

Clevenger also noted that the project management capability with COUNTERPART enhances teams' efficiency by configuring the software solution to meet the work environment and specific engineering needs. Every job is assigned to the right team member prioritized by release date, lead times, due dates, and more. Every engineering-focused manufacturer will appreciate the critical functionality focus.”

Visit us at www.counterpart-erp.com or call 616-738-8922 to schedule a demo. Follow COUNTERPART on Twitter at @COUNTERPARTERP.

Media Contact
Company Name: COUNTERPART
Contact Person: Todd Clevenger
Email:Send Email
Phone: (616) 738-8922
Address:3455 John F Donnelly Dr.
City: Holland
State: MI
Country: United States
Website: www.counterpart-erp.com

Gert Jensen VP of Sales U.S. and Canada at Global AGV Shares Value of Simple Point to Point Autonomous Forklifts

Gert Jensen is VP of Sales in U.S. and Canada, where he focuses on the PALOMAT® pallet magazines and the Global AGV autonomous forklifts that help automate simple point to point pallet transports. 

Jensen shared, “I focus my energy on supporting companies in their effort to create meaningful automation that improves values, create better environment, and support improvement and streamlining of manufacturing and warehousing through automated material handling. Global AGV and the people behind have the experience and technology that will fulfill any such needs.”

View the video illustrating Global AGV autonomous forklift truck in a production site.

About Global AGV:

Fewer than 2% of forklifts sold in North America are automated, yet, due to the pandemic, there has never been a greater need for this technology. Many manufacturers are looking to automate material handling processes because it reduces the potential for COVID-19 exposure by reducing human contact. The pandemic has made autonomous forklifts an immediate reality for small footprint manufacturing facilities.  

Forklifts will be replaced every 5 – 7 years. A manufacturer currently operating just a few units will exchange the next forklift purchase in 2020 with an autonomous forklift to discover the true value that automation can bring to the operation. Autonomous forklifts provide automation which reduces movement costs per pallet and per case. 

Global AGV driverless autonomous forklifts offer a straightforward interface solution: a simple point to point horizontal movement of pallets, offering the opportunity of buying only 1 or 2 units at a time. The breakthrough is selling an automated forklift as a product rather than a project. If the manufacturer wants a turnkey solution, a local network of dealers is available. Global AGV customers order a standard product which can be delivered in weeks. Local dealers help to ensure a low-cost quick installation in just days rather than months.

Request more information here. Connect with Global AGV on LinkedIn.

Media Contact
Company Name: Global AGV
Contact Person: Nic Temple
Email:Send Email
Phone: 442-279-1380
Country: United States
Website: https://www.bila-automation.com/products/global-agv/global-agv-us

QueBIT Pricing Experts Discuss Remote Installed Automated Price Alignment

Pricing experts Dallas Crawford and Dan Barrett of QueBIT were recently featured in AutomationMedia. According to Crawford and Barrett, price alignment reveals opportunities for manufacturers during the COVID-19 pandemic. Industrial journalist, TR Cutler authored the article. Read here.

Crawford shared that price alignment with data analytics can be done readily in real-time. The ability to concentrate on high and low volumes that fall outside a normal distribution of trend or seasonality can inform where margin opportunities exist. This is particularly valuable during the pandemic where buying patterns are in greater flux. Higher volume provides opportunities to adjust prices based on demand or to capture market share. Lower volume provides opportunities to analyze pricing, determining if market share is being lost or if the product’s lifecycle is near its end. 

Barrett noted the best method to analyze and optimize customer pricing is to model the data and ensure that the analytics platform supports it at a very discrete level. Customer data by location or product SKUs allow for optimal delivery of unique pricing. Understanding and forecasting the customers’ pricing elasticity is key to determining the optimal price. 

AutomationMedia is the industry's leading and popular technology website and useful resources for industrial technology enthusiasts. 

QueBIT PriceAlign enables robust management of pricing strategies, while eliminating implementation time, complexity, and costs typically found in other pricing solutions. PriceAlign delivers significant improvements in revenue and margin by providing a clear, guided user experience via insightful dashboards and comprehensive pricing science. The ease of setting and managing pricing boundaries sets this solution apart.

PriceAlign delivers significant efficiencies for any organization using simple rules or trial-and-error methods to derive prices, especially if corporate objectives include adjusting and maintaining prices at the most granular level. This best-in-class solution allows customers to maximize margins, retain customers, and grow market share through optimal pricing strategies including:

• Cost Plus
• Competition
• Value-based pricing
• Dynamic Pricing
• Price Elasticity

PriceAlign gives customers enterprise-wide control of the entire pricing process by raising pricing strategies to new levels of sophistication. Through rapid deployment, customers achieve dynamic pricing based on a variety of factors and understand price elasticity across different products or regions. The recent global pandemic has clearly demonstrated the need and benefit of rapidly adjusting prices down to the most detailed levels and market conditions.

Follow QueBIT PriceAlign on Twitter at @AskQueBIT and connect on LinkedIn.  

Media Contact
Company Name: QueBIT
Contact Person: Jennifer Field
Email:Send Email
Phone: 914-329-4745
Address:49 Secor Road
City: Scarsdale
State: NY
Country: United States
Website: https://quebit.com/predictive-price-optimization/

Johanna Bellenberg of Picavi Pick-by-Vision Interviewed on Women and Manufacturing Podcast Hosted by Fran Brunelle

Johanna Bellenberg, Director Marketing & Communications at Picavi pick-by-vision was recently interviewed on the WAM (Women and Manufacturing) podcast hosted by Frances Brunelle, President of Accelerated Manufacturing Brokers. Listen here for the full interview.

Bellenberg shared the importance of the pick-by-vision solution during the pandemic and how their solution can be remotely installed.  She explained why the growth of this solution has surpassed former intralogistics technologies. With more women integrally engaged in the manufacturing, industrial, intralogistics, and supply chain, being tech savvy can make all the difference in advancing best-in-class solutions like Picavi which pictographically displays product picks in the viewing glasses worn by pickers. Watch the new video on how DB Schenker implements Picavi smart picking glasses for warehouse logistics.

WAM is one of several podcasts from Jacket Media Co that address the manufacturing industry in more depth and breadth than any mainstream media outlet.

Brunelle is the founder of Accelerated Manufacturing Brokers, Inc., specializing in the sale of lower middle market manufacturing companies nationally. Brunelle was recently named as a 2020 Most Influential Women in Mid-Market M&A by Mergers & Acquisitions publication.

About Picavi USA

Picavi USA Pick-by-Vision solution makes it possible to visually manage the picking process for goods in intralogistics in a consistent manner. The use of this innovation maximizes productivity at warehouses and minimizes error rates. When wearing the smart glasses, warehouse workers have both hands free for their primary tasks, including picking and packing goods. Smart glasses are one of the most significant developments in order picking during the COVID-19 situation. Augmenting reality with context-based information makes work much more precise and the glasses have become an indispensable part of warehouse life during the pandemic.

Picavi USA, based in Illinois, is a subsidiary of Picavi, headquartered in Germany. Safety is the company’s top priority. Call (312) 585-8312 to learn how Picavi USA Pick-by-Vision is addressing COVID-19 issues.

Media Contact
Company Name: Picavi U.S., Inc.
Contact Person: Johanna Bellenberg
Email:Send Email
Phone: (312) 585-8312
Address:321 North Clark Street, Suite 1425
City: Chicago
State: Illinois
Country: United States
Website: https://picavi.com/en/company/

Ergonomists Recommend Data-Driven Analytics as a Return to Work Strategy during COVID-19

Sam Bradbury and Mark Heidebrecht, partners at Ergonomics International were interviewed by manufacturing journalist, Thomas R. Cutler, and share the importance of data-driven analytics as a return to work strategy during the pandemic. Read the feature article in Evolving Enterprise here. 

Bradbury shared, “COVID-19 impacts the need for data-driven analytics. Data-driven analytics are totally essential in helping employees and employers. Ergonomics International just announced the immediate availability of a COVID-19 Employer Management System (EMS) for abatement strategies. Employers must be armed with necessary tools to identify at-risk employees, track those with COVID-19 immunity, and recognize potential carriers.” 

Heidebrecht explained, “If data-driven ergonomic principles are applied during the design stage, the risks and number of handling points are reduced. This leads to more efficient processes and fewer touches. Movements are money; reducing human movements increases profits and gets the product out the door quicker.” 

Ergonomics International responds to the new COVID-19 challenges with an Employer Management System (EMS) for abatement strategies. The SaaS solution provides employers with necessary tools to identify at-risk employees, track those with COVID-19 immunity, and recognize potential carriers. 

Employers need to protect themselves and their employees against COVID-19. Businesses, schools, and municipalities can now monitor trends, hotspots in the facility, build exposure plans, and simply keep excellent records of monitoring and mitigating COVID-19 issues in real-time. The affordable system can be purchased here. 

The Evolving Enterprise is the new digital magazine bringing real-world applications for headline technologies such as Artificial Intelligence and Machine Learning. 

About Ergonomics International 

Each with more than twenty years’ experience working from forensic investigation to factory floors, Ergonomics International focuses on designing and implementing tools that are evidence-based. Mark Heidebrecht (MSE, ACSM-EP, CPE/CHFP) and Sam Bradbury (MAOM, ATC, ACSM-EP, CPE/CHFP) built one of the largest ergonomic libraries globally, including one of the largest occupational epidemiology datasets to make the most informed decisions.

For more information call (913) 488-3127.

Media Contact
Company Name: Ergonomics International
Contact Person: Mark Heidebrecht
Email:Send Email
Phone: (913) 488-3127
Address:15633 S Brookfield St.
City: Olathe
State: Kansas
Country: United States
Website: https://www.ergonomicsinternational.com/

Accelerated Manufacturing Brokers Shares 2020 Mid-Year Review in Manufacturing Mergers and Acquisitions

Fran Brunelle, President of Accelerated Manufacturing Brokers provided a mid-year review of 2020 in manufacturing mergers and acquisitions (M&A). COVID caused major delays to in-process deals as lenders were swamped with government PPE. Many lenders have additionally changed their structure to be more conservative. Deals are expected to pick up in the second half of 2020. Brunelle shared some highlight transactions in relevant sectors for manufacturing. Read more here. 

Ironically, many manufacturers are experiencing an excellent year as they produce essential equipment and as other industries are reshoring and seeking domestic supply chain enhancement. From machining to hydraulic manifolds, the demand has increased and while managing to keep employees safe; manufacturers looking to sell are able to capture high value acquisition. Many smaller manufacturing companies in plastics, for example, have expanded their operations to second and third shifts to meet demand, whether for N95 masks or other PPE material. 

About Accelerated Manufacturing Brokers, Inc.: 

Accelerated Manufacturing Brokers, Inc., specializes in the sale of manufacturing companies nationwide, with generally $2 - $20 million in revenue, and a minimum of $500K in net income. The firm is exclusively dedicated to helping manufacturers sell their businesses and transition into retirement. The firm’s mission ensures the continuity of U.S. manufacturing by connecting a new generation of entrepreneurial owners. The upfront guidance is offered without a fee; the assessment and how to optimize the manufacturing enterprise for sale is a unique hallmark of the Accelerated Manufacturing Brokers’ value proposition. 

Passion about the manufacturing sector is personal; it represents the best and backbone of the U.S. economy. Clients are quintessentially great small American manufacturers. These savvy entrepreneurs are the nation’s renegades and rebels who have worked hard and built great companies. Like the clients served, the Accelerated Manufacturing Brokers’ team is highly entrepreneurial and manufactures their destiny while helping clients realize how to best position their company for prospective buyers. 

Brunelle recently shared a new two minute video: “Exiting My Manufacturing Business in the Second Half of 2020” which explains why this is the perfect time for buyers and sellers.

Follow on Twitter at @MfgBrokers

Media Contact
Company Name: Accelerated Manufacturing Brokers, Inc.
Contact Person: Frances A. Brunelle, President
Email:Send Email
Phone: 908-387-1000
Address:75 Frontage Rd
City: Asbury
State: NJ
Country: United States
Website: www.AcceleratedMfgBrokers.com

Manufacturing Journalist Interviews QueBIT PriceAlign Pricing Experts

Manufacturing journalist, TR Cutler recently interviewed pricing experts Dallas Crawford and Dan Barrett of QueBIT PriceAlign. According to Crawford and Barrett, price alignment reveals opportunities for manufacturers during the COVID-19 pandemic. Read more in AutomationMedia here.

Crawford shared that price alignment with data analytics can be done readily in real-time. The ability to concentrate on high and low volumes that fall outside a normal distribution of trend or seasonality can inform where margin opportunities exist. This is particularly valuable during the pandemic where buying patterns are in greater flux. Higher volume provides opportunities to adjust prices based on demand or to capture market share. Lower volume provides opportunities to analyze pricing, determining if market share is being lost or if the product’s lifecycle is near its end. 

Barrett noted the best method to analyze and optimize customer pricing is to model the data and ensure that the analytics platform supports it at a very discrete level. Customer data by location or product SKUs allow for optimal delivery of unique pricing. Understanding and forecasting the customers’ pricing elasticity is key to determining the optimal price. 

AutomationMedia is the industry's leading and popular technology website and useful resources for industrial technology enthusiasts. 

About TR Cutler, Inc. 

Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 21-year anniversary of the Manufacturing Media Consortium. 

During COVID-19 Cutler is advising manufacturers, industrial leaders, supply chain professionals, and C-level executives how to best navigate Q3 2020 and beyond. 

Cutler has authored more than 8,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals. Cutler is the most published freelance industrial journalist worldwide, and more than 4600 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.

Media Contact
Company Name: TR Cutler Inc.
Contact Person: Thomas R. Cutler
Email:Send Email
Phone: 954-682-6200
Address:3032 S. Oakland Forest Dr. S-2803 Unit 2803
City: Fort Lauderdale
State: FLORIDA
Country: United States
Website: http://www.trcutlerinc.com

Digital Payment Market Size to Reach $132.5 Billion By 2025, Based on Proliferation of Digitalization in BFSI, Retail, Healthcare, IT And Telecom Industries | Million Insights

Million Insights - World's Fastest Growing Market Research Database

According to new report available with Million Insights, the global digital payments industry is predicted to grow at 17.6% CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

The global Digital Payment Market is projected to attain USD 132.5 billion by the end 2025, according to a new report released by Million Insights. The market is anticipated to expand at a CAGR of 17.6% throughout the forecast period, 2019 to 2025. Proliferation of digitalization across various industries including BFSI, retail, healthcare, and IT and telecom is anticipated to boost the market growth. In addition, rising penetration of e-commerce portals like Flipkart, Alibaba, and Amazon.com, Inc. that support various payment gateways and mobile wallets is projected to further fuel the growth of the market in the forthcoming years.

Rising government initiatives that promote digitalization and usage of digital payment platforms are anticipated to contribute to the market growth. For example, the government of India introduced its Digital India campaign that promote cashless transactions and usage of various mobile wallets available. Vendors are adopting emerging technologies such as artificial intelligence, machine learning, block chain technology, and IoT for improving the security aspects of the digital payment platforms and to enhance the user experience.

To download the sample PDF of “Digital Payment Market Report” please click here: https://www.millioninsights.com/industry-reports/global-digital-payment-market/request-sample

These payment solutions are easy to use, safe and secured, and enable quick transactions. Moreover, they ensure high-end security to eliminate the incidences of fraud and data breaching by employing emerging technologies such as tokenization of cards. These factors are projected to boost the popularity of digital payment portals over traditional methods of transaction.

Furthermore, rising number of smartphone users and presence of strong digital infrastructure in North America is anticipated to boost the regional market growth. On the other hand, rising number of new entrants and SMEs in Asia Pacific coupled with growing trend of digitalization in developing countries like India are the key factors projected to propel the growth of digital payments market in Asia Pacific. Key players in the market are focusing on strategic initiatives such as M&A, partnerships, and collaborations for gaining competitive advantage over other competitor. Moreover, they are investing high amount in R&D to differentiate their offerings.

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/global-digital-payment-market

Further key findings from the report suggest:

• The segment of payment processing held the largest market share in 2018, owing to increasing campaigns that promote digital and online transactions.

• The segment of payment gateway is projected to attain the fastest growth in the forthcoming years owing to several factors such as emerging trend of cashless transactions, token system, and cash pooling.

• The segment of digital wallets is projected to attain the fastest growth from 2019 to 2025 due to rising popularity of e-commerce portal and online purchases among the large consumer base.

• In 2018, the on-premise segment held the largest market share due to availability of customized solutions that fulfills specific requirements of clients.

• The segment of BFSI held the largest market share in 2018 owing to rising adoption of e-payment platforms.

• Leading service providers in this industry include Wirecard AG; Total System Services, Inc.; Novetti Group Limited; ACI Worldwide Inc.; Adyen N.V.; and PayPal Holdings Inc.

Million Insights has segmented the global digital payments market on the basis of solution, mode of payment, deployment, enterprise size, end use, and region:

Digital Payment Solution Outlook (Revenue, USD Billion, 2014 - 2025)
    • Application Program Interface
    • Payment Gateway
    • Payment Processing
    • Payment Security & Fraud Management
    • Transaction Risk Management
    • Others

Digital Payment Mode of Payment Outlook (Revenue, USD Billion, 2014 - 2025)
    • Bank Cards
    • Digital Currencies
    • Digital Wallets
    • Net Banking
    • Point of Sales
    • Others

Digital Payment Deployment Outlook (Revenue, USD Billion, 2014 - 2025)
    • Cloud
    • On-premise

Digital Payment Enterprise Size Outlook (Revenue, USD Billion, 2014 - 2025)
    • Large Enterprises
    • Small & Medium Enterprises

Digital Payment End Use Outlook (Revenue, USD Billion, 2014 - 2025)
    • BFSI
    • Healthcare
    • IT & Telecom
    • Media & Entertainment
    • Retail & E-commerce
    • Transportation
    • Others

Digital Payment Regional Outlook (Revenue, USD Billion; Number of Transactions, Billion; Valuation, USD Trillion, 2014 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
    • Middle East & Africa

Explore the Latest Press Releases By Million Insights:

• Digital Twin Market - The global digital twin market size is anticipated to value USD 26.07 billion by 2025. It is also projected to witness a CAGR of 38.2% over the forecasted years, 2018 to 2025. The shifting trend towards the adoption of digital and VR technologies prevailing among several organizations is expected to drive the market growth for digital twins in the upcoming years.

• Precision Farming Market - The global precision farming market is projected to reach USD 12.9 billion by 2027 with a CAGR of 13.0%, according to a new report published by Million Insights. Precision farming is known as site-specific crop management and satellite farming, which is a smart farming technique that uses information technologies such as IoT, GIS, GPS and remote sensing tools.

About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email:Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-digital-payment-market

Germany Automotive Aftermarket To Grow Speedily At 1.1% CAGR By 2025, on Account of Increasing Intense Competition Among Market Players | Million Insights

Million Insights - World's Fastest Growing Market Research Database

According to new report available with Million Insights, Germany automotive aftermarket industry report on is foretold to provide a robust support for market players to lay a solid foundation for their business growth. It includes a comprehensive evaluation of the market's growth status and market risk.

The Germany automotive aftermarket is projected to reach USD 23.4 billion by 2025 and expected to grow with the CAGR of 1.1% over the forecast period, from 2019 to 2025, according to Million Insights. Factors like rapidly evolving customer expectation, technological advancement, and increased intense competition among market players are expected to drive the automotive aftermarket growth in Germany.

Germany is one of the most prominent manufacturers of automotive vehicles and reported high demand and sales for automobiles. Vehicle parc has observes considerable growth in recent years due to rising vehicle sales. Further, rising vehicle parc has led to increase replacement of several automotive parts; thereby expected to drive the market growth in the next few years. Furthermore, innovative business models and online tailored services is expected to boost the market growth during the forecast period. Market players from OESs and OEMs to workshops, insurers and wholesalers in the value chain are striving to get profit from online sales of automotive parts, which is anticipated to boost the market growth over the forecast period.

To download the sample pdf of Germany Automotive Aftermarket Report “Please” click here : https://www.millioninsights.com/industry-reports/germany-automotive-aftermarket-industry/request-sample

Another factor boosting the sale of automotive parts is high penetration of internet, which is around 70% of people are using internet. Hence, online aftermarket channels is expected to grow vastly over online channels in this country and expected to open new avenues for spare parts and accessories providers. Some aftermarket players are engaged to develop online portals, which is based on online shops and offering through third-party retail providers. . This factor is expected to drive the aftermarket growth in the next few years.

In distribution channel and sales, the aftermarket growth is expected to have significant on-going revolution. Small players are engaged in fulfilling the customer requirements to sustain in this competitive market. This requires electronic tools along with specialization in service models in order to strengthen their position in the market. Franchise operations, fast fitters, and automotive centres are emerging as a prominent service provider in the automotive aftermarket for certified automotive parts sales.

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/germany-automotive-aftermarket-industry

Further key findings from the report suggest:

• Among replacement parts, wheel segment is projected to gain traction in Germany automotive aftermarket. Rising awareness about robust performance of magnesium aluminum has fueled the growth of this segment.

• In distribution channel, retailers held the largest market share, in 2018. However, the growth of this is expected to be steady, allowing distributors and wholesaler to overtake its lead position by the end of 2025.

• In 2018, original equipment manufacturers are accounted for the largest market share. The DIFM and DIY segments are projected to have significant growth during the forecast period due to increasing popularity of e-commerce industry.
• Based on certification, genuine parts segment is projected to retain its lead position from 2019 to 2025. Certified Parts segment is projected to grow with highest growth rate during the forecast period.

• Continental AG, Federal-Mogul Corporation, 3M, Delphi Automotive PLC, and Denso Corporation are prominent players included in the market.

Million Insights has segmented the Germany automotive aftermarket on the basis of replacement part, distribution channel, sales channel, and certification:

Germany Automotive Aftermarket Replacement Part Outlook (Revenue, USD Billion, 2014 - 2025)
    • Tire
    • Battery
    • Brake parts
    • Filters
    • Body parts
    • Lighting & Electronic components
    • Wheels
    • Exhaust components
    • Turbochargers
    • Others

Germany Automotive Aftermarket Distribution Channel Outlook (Revenue, USD Billion, 2014 - 2025)
    • Retailers
    • W&D

Germany Automotive Aftermarket Sales Channel Outlook (Revenue, USD Billion, 2014 - 2025)
    • DIY
    • DIFM
    • OE

Germany Automotive Aftermarket Certification Outlook (Revenue, USD Billion, 2014 - 2025)
    • Genuine Parts
    • Certified Parts
    • Uncertified Parts

Read the Latest Press Releases by Million Insights:

• Heat Pump Market - The global heat pump market size is anticipated to attain USD 103.8 billion by the end of 2025 and is projected to grow at the CAGR of 8.5% during the forecast period 2019 to 2025, according to the new report by Million Insights.The increasing need for energy-efficient heating solutions in the commercial and residential sector is driving the market growth.

• Multi-Layer Ceramic Capacitor Market - The global multi-layer ceramic capacitor market size is estimated to touch USD 12.32 billion in 2025, as per a new study by Million Insights. The market is projected to witness 5.1% CAGR over the forecast duration. Features such as enhanced frequency and high resistance are anticipated to drive the market growth.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email:Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/germany-automotive-aftermarket-industry