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North America segment holds the largest share in the global Software Testing and QA Services market

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Software Testing and QA Services market Report Overview: The global Software Testing and QA Services Market is estimated to be valued at US$ 38.42 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Software Testing and QA Services market involves providing assurance that software and IT systems function as expected and meet the needs of the client. Quality assurance plays a vital role in software development by ensuring quality products. With growing digitalization and adoption of technologies, the demand for software testing services is increasing. Market key trends: With the increasing complexity of software, the demand for advanced testing methodologies like Test Automation, Artificial Intelligence (AI) in testing, and crowdsourced cloud testing is growing. Test automation uses automation tools to validate software and helps reduce manual effort and er

ASEAN Automotive Aftermarket Segment Contributing Large Share

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ASEAN Automotive Aftermarket  The global ASEAN Automotive Aftermarket Market is estimated to be valued at US$ 28.7 Bn or Mn in 2023 and is expected to exhibit a CAGR of 9.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The ASEAN automotive aftermarket consists of replacement parts, accessories, chemicals, tools, and equipment required for repairing and maintaining vehicles. Parts include engine components, cooling and climate control components, underbody components, auto electrical, filters, and others. These parts enhance the performance, safety, and aesthetics of the vehicle. The rising vehicle fleet on the roads and increasing average age of vehicles have boosted the demand for automotive aftermarket parts and services in ASEAN countries. Market key trends: One of the key trends in the ASEAN automotive aftermarket is the growing demand for customized and performance-enhancing aftermarket parts. Consume

Global Electrochemical Cell Market Expected to Reach US$23.73 Billion by 2023

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Electrochemical Cell Market The global Electrochemical Cell Market is estimated to be valued at US$23.73 billion in 2023 and is expected to exhibit a CAGR of 16% over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Electrochemical cells are devices that convert chemical energy into electrical energy through redox reactions. They find extensive applications in various industries such as automotive, healthcare, consumer electronics, and energy storage. The advantages of electrochemical cells include high energy density, long lifespan, and eco-friendliness. The increasing demand for portable electronic devices, the rising adoption of electric vehicles, and the growing need for uninterrupted power supply are the key drivers propelling the growth of the electrochemical cell market. Market Key Trends: One key trend in the electrochemical cell market is the rapid adoption of lithium-ion batteries. Lithium-ion ba

Global Transport Monitoring Market to Reach US$ 15.9 Billion in 2023

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Transport Monitoring Market The global Transport Monitoring Market is estimated to be valued at US$ 15.9 billion in 2023 and is expected to exhibit a CAGR of 10% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Transport Monitoring Market refers to the monitoring and tracking of transportation vehicles in real-time using various technologies such as GPS, RFID, and sensors. This enables improved safety, efficiency, and productivity of the transportation system. The key advantages of transport monitoring products are enhanced fleet management, accurate tracking of goods, reduced operational costs, and improved customer satisfaction. The increasing need for effective fleet management and the growing demand for on-time delivery in transportation and logistics sectors drive the market growth. Market Key Trends: One key trend in the Transport Monitoring Market is the integration of advanced technologies such a

Global Irrigation Machinery Market to Reach US$7.54 Billion in 2022, Driven by Increasing Demand

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Irrigation Machinery Market Market Overview: The global Irrigation Machinery Market is estimated to reach a value of US$7.54 billion in 2022 and is expected to exhibit a CAGR of 7.6% over the forecast period 2022 to 2030. Irrigation machinery refers to tools and equipment used for effectively watering agricultural land to improve crop yield. The use of irrigation machinery offers several advantages, including increased crop production, efficient water usage, and reduced manual labor. With the growing population and the need to address food security concerns, the demand for irrigation machinery is expected to increase significantly. Market key trends: The key trend driving the irrigation machinery market is the adoption of advanced technologies in irrigation systems. The increasing use of automation and smart irrigation techniques is enhancing the efficiency and effectiveness of irrigation processes. Advanced technologies such as sensor-based irrigation systems, remote monitoring, and

Global Commercial or Corporate Card Market to Witness Significant Growth by 2022

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 The global Commercial or Corporate Card Market is estimated to be valued at US$ 26.3 billion in 2022 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023-2030 as highlighted in a new report published by Coherent Market Insights. Market Overview: Corporate cards are financial tools offered by banks and financial institutions to businesses, enabling them to streamline their payment processes and efficiently manage their expenses. These cards provide numerous advantages to businesses, including enhanced transparency, simplified accounting procedures, improved cash flow management, and increased control over employee spending. With the growing need for effective financial management in businesses, the adoption of corporate cards is rapidly increasing in different sectors. Commercial or Corporate Card Market Market Key Trends: One key trend observed in the corporate card market is the integration of advanced technologies, such as mobile payments and digital wallets. Wi

CNG Compressors Market to Reach US$ 3.46 Billion by 2023, with a CAGR of 8%

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CNG Compressors Market A) Market Overview: CNG Compressors market is witnessing significant growth due to the increasing demand for compressed natural gas (CNG) as a cleaner alternative fuel for vehicles. CNG compressors are used to compress natural gas into a high-pressure state, making it suitable for storage and transportation. These compressors offer advantages such as cost-effectiveness, lower emissions, and reduced dependence on conventional fuels. The need for CNG compressors is driven by the rising emphasis on environmental sustainability and the promotion of clean energy solutions in the transportation sector. B) Market key trends: One key trend observed in the CNG Compressors market is the growing adoption of advanced technology in compressor systems. Manufacturers are focusing on the development of technologically advanced compressors that provide higher efficiency, reliability, and durability. For instance, companies like Atlas Copco, Ariel Corporation, and Siemens Ene