Press release
Hydrogen Peroxide Market to Grow US$ 6.6 Bn By 2026, at a CAGR of 7.3%
According to Fairfield Market Research, the global hydrogen peroxide market is estimated to be worth US$ 6.6 Bn by the end of 2026 from US$ 3.5 Bn in 2018, with a CAGR of 7.3% between 2022 and 2026. The hydrogen peroxide market is projected to expand 1.9x until 2026.
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Advent of Predictive Analytics to Augur Well for Spend Analytics Market
Soaring demand for predictive analytics across industries is expected to bode well for the growth of spend analytics market, says the report. There has been an increasing adoption of predictive analytics for several business processes that helps businesses identify the potential loopholes in their existing workflows so as to arrive at the right strategic decisions. While this brings in newer opportunities and competitive benefits, it also aids in resolution of the various complicated business problems that are critical to the overall performance. Growing AI integration with the predictive analytics capabilities would garner actionable insights for organisations that contribute to their growth. As predictive analytics continues to advance in the spend analytics landscape, the latter is expected to experience a major transformation. With an advantage of high precision data analysis, this will be a solid booster to market growth.
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Asia Pacific Holds New Revenue Generation Opportunities for Spend Analytics Market Players
Attributing to cheaper labour, land, and business-favourable environment, Asia Pacific is likely to represent a highly lucrative potential market for spend analytics solutions providers. The rapidly expanding business world, especially across China, and India, is being increasingly perceived as the most profitable investment pockets as they house the global manufacturing hubs that would be the biggest support to manufacturing functions worldwide. This according to the report is projected to pave the way for potential surge in adoption of spend analytics across industries. Besides manufacturing, logistics, F&B, pharmaceuticals, and BFSI are likely to emerge attractive in the region.
Key Players in Spend Analytics Market
IBM Corporation, SAS Institute Inc., Proactis, SAP SE, Zycus Inc., Coupa Software, JAGGAER, BravoSolution SPA, Ivalua, and Rosslyn Data Technologies constitute some of the top profiled players that would be covered in the competition analysis section of the report.
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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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