Technology News & Trends

The  global rapid prototyping market  was valued at US$ 1,928.2 Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 12.91% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “ Rapid Prototyping Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026. ” The report suggests that rising use of rapid prototyping across automotive, consumer goods & electronics, and healthcare industries worldwide along with the rising trend of 3D printing technology around the globe is likely to spur the demand for rapid prototyping in the coming years (2018 to 2026). As key players introduce new rapid prototyping in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for dominating share of the global rapid prototyping market. Growing demand for rapid prototyping from the growing consumer goods & electronics industry in emerging markets

The global  master data management market  was valued at US$ 4,677.6 Mn in 2017 and is expected to expand at a CAGR of 15.7% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Master Data Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” North America is expected to hold the dominant revenue share, with the market in the region expanding at a CAGR of above 10%. The global master data management market is mainly driven by rising strict regulatory compliances within enterprises. MDM in cloud computing and adoption of multi domain master data management globally driving the market Master data management is an essential part of data management in organizations. Appropriate master data management helps users access accurate data related to products and customers, which further facilitates organizations to carry out business operations. The Internet of Things (IoT) revolution has been