Micro And Nano PLC Global Market Report 2023 – By Type (Micro PLC, Nano PLC), By Offering (Hardware, Software, Services), By Architecture (Fixed PLC, Modular), By Industry (Automotive, Chemicals And Fertilizers, Food And Beverages, Home And Building Automation, Metals And Mining, Oil And Gas, Pharmaceuticals, Pulp And Paper, Power, Water And Wastewater) – Market Size, Trends, And Global Forecast 2023-2032

Digital asset management (DAM) is a software-based solution that allows organizations to store, retrieve, and use digital assets quickly. Digital assets are files like videos, music, photos, documents, and other media containing the rights to use them. DAM is an organization's content sharing and storage solution. The main types of digital asset management are solutions and services. The solutions allow users to develop, manage, distribute, monitor and locate digital assets while still managing the creative process. The various deployment modes include on-premises and cloud and are employed in different enterprise sizes such as large enterprises and small and medium-sized enterprises (SMEs). It is used in sales, marketing, IT, photography, graphics and designing, others and is implemented in various verticals such as media and entertainment, BFSI, retail, healthcare, automotive and manufacturing, others. The global digital asset management market is segmented - 1) By Type: Solution, Services 2) By Deployment Type: On-Premises, Cloud 3) By Enterprise Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs) 4) By Application: Sales, Marketing, IT, Photography, Graphics and Designing, Other Applications 5) By End User: Media and Entertainment, BFSI, Retail, Healthcare, Automotive and Manufacturing, Other End Users The global digital asset management market size will grow from $5.05 billion in 2022 to $5.86 billion in 2023 at a compound annual growth rate (CAGR) of 16.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the digital asset management is expected to grow to $10.71 billion in 2027 at a CAGR of 16.3%. The increasing prevalence of cloud-based digital asset management (DAM) solutions is projected to propel the growth of the digital asset management (DAM) market. Cloud-based digital asset management (DAM) is a platform that enables businesses to handle, store, and organize their resources in a cloud-based environment. Any organization that uses resources for packaging, marketing, advertisement, or any other business-related activity would benefit from a cloud DAM. For instance, in 2020, according to the report by Gartner Inc., a US-based technological research and consulting firm, around 80% of business owners intend to permit staff to work remotely at least occasionally and 47% stated they would permit full-time remote work for staff members which has facilitatedthe need of digital assest management solution in an organization to manage business operations remotely. Additionally, marketing teams squander approximately a day per week looking for assets, a digital asset management (DAM) recovers wasted time and can significantly increase productivity by 30–35%. Therefore, the increasing prevalence of cloud-based digital asset management (DAM) solutions drives the digital asset management (DAM) market growth. Major players in the digital asset management market are Adobe, OpenText, MediaBeacon, Aprimo, Bynder, Widen, Cognizant, CELUM, Canto, Northplains, Oracle Corporation, IBM Corporation, Nuxeo, Digizuite, Cloudinary, MediaValet, Extensis, QBNK Holding AB, Dell Technologies, IntelligenceBank, Sitecore, Wedia, Censhare, BrandMaker, Brandfolder, Bright, MarcomCentral, Filecamp, and Webdam Inc. Technological advancement is a key trend shaping the digital asset management (DAM) market. Major companies operating in the digital asset management (DAM) sector are focused on developing technologically advanced solutions for digital asset management (DAM). For instance, in July 2020, Sitecore, a US-based software company launched version 3.4 of its Sitecore Content Hub solution, which includes new and improved workflow and third-party integration capabilities. Sitecore Content Hub version 3.4 adds artificial intelligence (AI) and video technologies to its Digital Asset Management (DAM) platform, allowing for the automated production of metadata and transcripts for video, as well as time and range-based annotation, cropping, and subtitles. In April 2021, Hyland Software, a US-based software company acquired Nuxeo for an undisclosed amount. Through this acquisition, Nuxeo reinforces Hyland’s commitment to cloud-native platforms and open-source communities while expanding its global footprint with additional team members, customers, and partners. Nuxeo is a US-based company that offers digital asset management solutions. North America was the largest region in the digital asset management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital asset management (DAM) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the digital asset management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The digital asset management market includes revenues earned by entities by providing software that automates the processes for finding, storing, and organizing the digital content of an organization to the central store and managing it to enhance business operations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The digital asset management (DAM) market research report is one of a series of new reports from The Business Research Company that provides digital asset management (DAM) market statistics, including digital asset management (DAM) industry global market size, regional shares, competitors with a digital asset management (DAM) market share, detailed digital asset management (DAM) market segments, market trends and opportunities, and any further data you may need to thrive in the digital asset management (DAM) industry. This digital asset management (DAM) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Asset servicing refers to a set of tasks and activities performed by a custodian for his clients in relation to the assets in his custody. The main services offered in asset servicing are fund services, custody and accounting, outsourcing services, and securities lending. Securities lending is the process of lending shares of stock, commodities, derivative contracts, or other securities to other investors or firms. The borrower must put up collateral in the form of cash, other assets, or a letter of credit when applying for a security loan. The services are offered to large enterprises, medium-sized and small enterprises, capital markets, and wealth management firms. The global asset servicing market is segmented – 1) By Service: Fund Services, Custody and Accounting, Outsourcing Services, Securities Lending 2) By End User: Capital Markets, Wealth Management Firms 3) By Enterprise Size: Large Enterprises, Medium and Small Enterprises The global asset servicing market size will grow from $1159.45 billion in 2022 to $1277.82 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global asset servicing market size is expected to grow to $1830.69 billion in 2027 at a CAGR of 9.4%. Globalization acts as a major driver for the growth of the asset servicing industry. According to a study on global asset servicing, nearly 60% of asset services in Assets Under Administration (AUA) and Assets Under Contract (AUC) predict that globalization is likely to be a strong driver for the asset servicing market’s growth over the forecast period. The players dealing in the asset servicing industry are majorly focusing on the APAC markets and other growing economies. Moreover, according to the BNP Paribas Securities Services article published in January 2020, India was expected to experience impressive growth in the asset management and servicing industry owing to the increasing working population, the rising buying power of the populace, and expected growth in the GDP of the country. Thus, globalization creates a large avenue for the expansion and growth of the asset servicing market over the forecast period. Major players in the asset servicing market are National Australia Bank Limited, CACEIS, BNY Mellon, HSBC, JP Morgan, Citi, The Bank of New York Mellon Corporation (BNY Mellon), State Street Corporation, UBS, and Clearstream (Deutsche Börse Group). The stringent regulatory framework is predicted to limit the growth of the asset servicing industry over the forecast period. According to Funds Europe’s asset servicing roundtable, rising global regulation is adding cost and risk to asset servicing, creating a requirement for asset servicers to constantly engage with clients and regulators. In addition to this, according to EY’s new opportunities for asset servicing study, nearly 75% of the companies see the impact of regulations as the greater risk facing the asset servicing industry. Therefore, the increased scrutiny from regulatory agencies is anticipated to hinder the asset service market’s growth in the forecast period. Robotic process automation (RPA) or automation is a major trend shaping the growth of the asset servicing market. Robotic process automation alone could reduce the headcount by 60–70% in the asset servicing industry while also achieving cost savings of approximately 30–40%. Robotic process automation (RPA) refers to a set of software tools known as bots or robots that are used to perform a repetitive or routine business process that is currently used by transaction processing teams or service centers. RPA can replace manual tasks involved in asset servicing such as reconciliation, trade processing, and reporting for regulators and clients, reducing the time required with cost-efficiency. For instance, the ANZ Banking Group was one of the early ones to adopt RPA aggressively and automated its HR, finance, and technology processes in its Bengaluru hub, creating thousands of bots. In April 2020, JP Morgan sought to take whole ownership of China International Fund Management (CIFM), a local asset management firm, for an amount of $1 billion. This step was taken following China's reforms on the elimination of caps on foreign companies' taking full control of local asset management operations. This acquisition is expected to enable JP Morgan's long-term involvement with CIFM and strengthen the company’s position in the Chinese market. China International Fund Management (CIFM) was founded in 2004 and offers asset management and related services to China. North America was the largest region in the asset servicing market in 2022. Western Europe was the second largest region in the global asset management market share. The regions covered in the global asset servicing market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the asset servicing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The asset servicing market consists of revenues earned by entities by providing administration services through a central securities depository (CSD) or custodian in connection with the custody and/or safekeeping of financial instruments (e.g., the processing of corporate events or the handling of taxes) on a fee or commission basis. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The asset servicing research report is one of a series of new reports from The Business Research Company that provides asset servicing statistics, including asset servicing industry global market size, regional shares, competitors with asset servicing shares, detailed asset servicing segments, market trends and opportunities, and any further data you may need to thrive in the asset servicing industry. This asset servicing research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Asset integrity management (AIM) is a method that enables the asset's ability and potential to be effectively managed to mitigate and eliminate corrosion and fatigue crack degradation. It ensures that a facility's assets are designed, fabricated, procured, installed, and maintained appropriately for their intended application throughout the operation's life. The main types of services in the asset integrity management market are non-destructive testing (NDT), risk-based inspection (RBI), corrosion management, pipeline integrity management, hazard identification (HAZID), structural integrity management and others. Nondestructive Testing (NDT) is a term that refers to a group of non-invasive inspection techniques that are used to inspect material properties, parts, and whole process units. NDT checks are used in the lifecycle of a plant in the petrochemical industry. Asset integrity management relies heavily on this approach. The asset integrity management market is used in various industries such as oil and gas, power, mining, aerospace and others. The global asset integrity management market is segmented - 1) By Service Type: Non-Destructive Testing (NDT), Risk-Based Inspection (RBI), Corrosion Management, Pipeline Integrity Management, Hazard Identification (HAZID) Study, Structural Integrity Management, Other Services Types 2) By End Use Industry: Oil And Gas, Power, Mining, Aerospace, Other End Users The global asset integrity management market size will grow from $25.51 billion in 2022 to $28.59 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the asset integrity management is expected to grow to $39.84 billion in 2027 at a CAGR of 8.6%. The growing demand for maintaining the assets is expected to fuel the growth of the asset integrity management market in the coming years. The majority of businesses are introducing asset integrity management (AIM) services because it prevents significant harm to people and the community, and improves business efficiency. For example, MISTRAS Group, a US-based provider of advanced technology-enabled asset security solutions, reported revenue of $160.8 million in the fourth quarter of 2020, an increase of 8.7% from the third quarter of 2020. Therefore, the increasing demand for asset integrity management drives the asset integrity management market growth. Major players in the asset integrity management market are SGS SA, TWI Ltd., EM&I, LifeTech Engineering Ltd., Aker Solutions ASA, Applus+, DNV GL, John Wood Group PLC, Oceaneering International Inc., Intertek Group plc, Metegrity Inc., FORCE Technology Norway AS, Bureau Veritas SA, TechnipFMC plc, Fluor Corporation, Dacon Inspection Technologies, General Electric, ABB, Siemens, TÜV SÜD, ABS Group, Velosi Asset Integrity Ltd., Axess Group, Element Materials Technology, and MISTRAS Group Inc. The launch of innovative solutions is shaping the asset integrity management market. Major companies operating in the asset integrity management sector are focused on developing technological solutions for asset integrity management. For instance, in November 2020, OMNI, part of ICR Integrity, a UK-based provider of integrated maintenance, repair, and manufacturing solutions introduced a new digital full lifecycle asset integrity management system built by industry specialists that allow businesses to track, forecast, schedule, and optimize their asset integrity management programs. In August 2022, Baker Hughes Company, a US-based multinationalindustrial service company acquired Quest Integrity for an undisclosed amount. Through this acquisition,Baker Hughes Company aims to expand its portfolio in asset inspection solutions for the energy and industrial sectors. Quest Integrity is a US-based asset integrity and reliability management solutions, provider. North America was the largest region in the asset integrity management market in 2022. The regions covered in the asset integrity management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the asset integrity management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The asset integrity management (AIM) market includes revenues earned by entities by providing solutions and services such as risk-based inspection, forensic engineering & failure analysis services, laser scanning, technical inspection, asset optimiations, surveying and mapping for monitoring and maintaining an asset's capacity to carry out its intended purpose effectively and efficiently, such as a power plant, an oil rig, and refinery. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The asset integrity management market research report is one of a series of new reports from The Business Research Company that provides asset integrity management market statistics, including asset integrity management industry global market size, regional shares, competitors with a asset integrity management market share, detailed asset integrity management market segments, market trends and opportunities, and any further data you may need to thrive in the asset integrity management industry. This asset integrity management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Enterprise asset management (EAM) refers to software, systems, and services, which are used to control and maintain the assets and equipment. EAM is a transactional workflow system designed to manage capital asset management by managing asset data and work processes. The main types of enterprise asset management are on-premise and cloud. On-premise software is installed on your company's PCs and servers locally. Enterprise asset management has applications in asset lifecycle management, inventory management, work order management, labor management, other applications that is used in energy and utilities, transportation and logistics, government and public sector, IT and telecommunications, manufacturing, healthcare and life sciences, education, and other verticals. The global enterprise asset management market is segmented - 1) By Development: On-Premise, Cloud 2) By Application: Asset Lifecycle Management, Inventory Management, Work Order Management, Labor Management, Other Applications 3) By Vertical: Energy And Utilities, Transportation And Logistics, Government And Public Sector, IT And Telecommunications, Manufacturing, Healthcare And Life Sciences, Education, Other Verticals The global enterprise asset management market size will grow from $5.75 billion in 2022 to $6.39 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the enterprise asset management is expected to grow to $9.68 billion in 2027 at a CAGR of 10.9%. Rising demand for SaaS-based EAM solutions is driving the growth of the market. SaaS-based EAM services are a cloud bases software service that helps vendors provide applications via a subscription-based model. These solutions have become a basic fundamental in the technology world for dashboards, mobile apps, asset tracking, performance management, forecasting, and regulatory compliances. The customers are increasingly investing in SaaS-based solutions over the traditional on-premise solutions, owing to various factors such as reduced time to benefit, lower costs, scalability and integration, and others. For instance, according to the study published on DevSquad in 2022, 73% of businesses are switching all systems to SaaS, and the companies are planning to increase their spending by 44% from the previous year. Major players in the enterprise asset management market are ABB Ltd., CGI Inc., IBM, Infor, Oracle, SAP, Schneider Electric SE, MRI Software LLC, Ramco Systems Limited, Rockwell Automation Inc., Ultimo Software Solutions BV, Upkeep Technologies Inc., Assetworks LLC, Bentley Systems Incorporated, and IFS. Technological advancement are shaping the enterprise asset management market. Major companies in the enterprise asset management market are focusing on expanding their developmental activities in new technologies. For instance, in March 2022, Aptean has launched a cloud-based EAM solutions including a computerized maintenance management system for manufacturing customers. Then new launch will help the customers from small and medium manufacturers to meet their asset management requirements and demands. In November 2021, COSOL Limited an Australia-based IT services provider acquired Clarita Solutions Pty Ltd for AUD 7 million ($5.23 million). The acquisition by COSOL Ltd System is focused on expanding its business units and strengthening its products portfolio, combining the technologies of the two companies and attaining a strategic advantage over the competitors. Clarita Solutions Pty Ltd is an Australia-based provider of enterprise asset management services. North America was the largest region in the enterprise asset management market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise asset management report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the enterprise asset management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The enterprise asset management market includes revenues earned by entities by providing services such as construction industry assets, healthcare industry assets, automotive manufacturing industry assets, hotel industry assets. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The enterprise asset management market research report is one of a series of new reports from The Business Research Company that provides enterprise asset management market statistics, including enterprise asset management industry global market size, regional shares, competitors with a enterprise asset management market share, detailed enterprise asset management market segments, market trends and opportunities, and any further data you may need to thrive in the enterprise asset management industry. This enterprise asset management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Management consulting is defined as advising and/or implementing services to organizations' management with the goal of improving the effectiveness of their business strategy, organizational performance, and operational processes. The main types of management consulting are operations advisory, financial advisory, technology advisory, strategy advisory, other consulting services, and HR advisory. HR advisory provides advice on human capital matters and/or offerings revolving around the HR function. The services are used by various industries, including IT services, manufacturing, financial services, mining, oil and gas, construction, and others. The different service providers include large enterprises, as well as small and medium-sized enterprises. The global management consulting services market is segmented - 1) By Type: Operations Advisory, Financial Advisory, Technology Advisory, Strategy Advisory, Other Consulting Services, HR Advisory 2) By End Use Industry: IT Services, Manufacturing, Financial Services, Mining And Oil & Gas, Construction, Other End Use Industries 3) By Service Provider: Large Enterprise, Small and Medium Enterprise The global management consulting services market size grew from $976.34 billion in 2022 to $1,022.24 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of global management consulting services market is expected to grow from $1,184.03 billion in 2027 at a CAGR of 3.7%. Many clients of the management consulting services market are expanding globally and thus require more sophisticated and internationally-oriented services. Globalization is expected to pave the way for more joint ventures, foreign investments, global expansion, and multi-national companies setting up facilities in high-growth regions. Companies are increasingly forming joint ventures with firms in other countries to test the market. Similarly, some companies are looking to acquire an established company in a new market to minimise the risk. Furthermore, globalisation in the management consulting services industry is gaining momentum due to rapid growth in the internet, automation of consultancy processes, and developments in data security. In response to this, many domestic management consultancies have entered into new markets, collaborating with foreign groups to offer services in a wider range of countries. Major companies in the management consulting market include Accenture, Deloitte Touche Tohmatsu Limited, Total SA, PwC, Ernst & Young, KPMG, Aon P.L.C, Aon Hewitt, McKinsey & Company, and Boston Consulting Group Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a restraint on the management consulting services market in 2020 as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province, of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down" and the outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the management consulting services market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Artificial intelligence (AI) and automation are revolutionising the way management consultants explore data. AI and automation help management consultants handle such processes as processing and analysing massive amounts of data more efficiently and faster than an average human. It can also provide accurate insights in the areas of businesses such as sales, operations, supply chain, and more. For example, JLL, an American professional services and investment management company specialising in real estate, leverages an AI analysis system to drastically streamline workloads. The real estate consultancy advises on client portfolios that can be made up of anything between 1 and 100,000 properties, which traditionally took professionals weeks to analyze. In the consulting area, the information gathered through AI on sales channels, customer journeys, and client behaviour can help consultants identify new opportunities and develop effective strategies for advertising campaigns. According to Euan Cameron, PwC’s UK AI Leader, AI could add huge value to the management consulting sector, which traditionally was conservative and human-driven. Western Europe was the largest region in the management consulting services market share in 2022. North America was the second largest region in the management consulting services market. The regions covered in the global management consulting services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the management consulting market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The management consulting (MCS) market consists of revenue earned by that provide a range of services providing advice and assistance on organizational planning, financial budgeting, marketing strategies, human resource practices, administration policies and production and logistics scheduling. Such services include solutions for administrative management issues, strategic and organizational planning, business process improvement, human resource and personnel policies, developing marketing planning and strategy, productivity improvement, quality assurance and quality control. Management consulting providers undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The management consulting services market research report is one of a series of new reports from The Business Research Company that provides management consulting services market statistics, including management consulting services industry global market size, regional shares, competitors with a management consulting services market share, detailed management consulting services market segments, market trends and opportunities, and any further data you may need to thrive in the management consulting services industry. This management consulting services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Aviation fuels are a specialized petroleum-based fuel used for aircraft propulsion that runs on gas turbine engines. Aviation fuels are of a higher quality than fuels that are used in less critical applications for example for heating or road transport. The main types of aviation fuel include Jet A, Jet A1, Jet B, JP 5, JP 8, avgas, and biofuel. Jet A aviation fuel is refined, light petroleum fuel which has a flashpoint higher than 38 °C and a freezing point of -40 °C during its manufacture. It is used in the turbine engines in civil aviation, commonly used in the USA. These different grades of aviation fuel include jet fuel, biokerosene, and aviation gasoline, and they are used in commercial, military, private and other end users. The global aviation fuel market is segmented - 1) By Fuel Type: Jet A, Jet A1, Jet B, JP 5, JP 8, Avgas, Biofuel 2) By Grade: Jet fuel, Aviation Gasoline, Biokerosene 3) By End Use: Commercial, Military, Private, Other End Uses The global aviation fuel market size will grow from $189.07 billion in 2022 to $217.19 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aviation fuel market size is expected to grow to $399.87 billion in 2027 at a CAGR of 16.5%. The rise in air transportation across the globe is driving the growth of the aviation fuel market. The rising population and increasing middle-class population's earnings have significantly increased the demand for air transportation in various developed and developing countries across the world. As air transportation increases, the need for aviation fuel also increases significantly as aviation fuel is a basic requirement for aircraft to fly. For instance, according to the Bureau of Transportation Statistics (BTS) data, U.S. airlines carried 119.47% more scheduled service passengers in October 2021 (65.6 million passengers) than in October 2020 (29.9 million passengers). Furthermore, according to the data released by the Ministry of Civil Aviation (MoCA) India, the airlines’ capacity in India in the year 2021 was found 46% higher (72,000 departures) than in October 2020 (49,150 departures in October 2020). Therefore, the rising air transportation will drive the aviation fuel market. Major players in the aviation fuel market are British Petroleum (BP) P.L.C, Chevron Corporation, Exxon Mobil Corporation, PJSC Gazprom, Indian Oil Corporation Limited, Petróleo Brasileiro SA, Royal Dutch Shell PLC., Total SA, Hindustan Petroleum Corp. Ltd., Honeywell International Inc., Marathon Petroleum Corp, Sinopec Group, Oman Oil Company SAOC, Neste Oyj, and TotaEnergies SE. Biofuel that can significantly reduce carbon emissions is an emerging trend in the aviation fuel market. Biofuel refers to a renewable energy source derived from microbial, plant, or animal materials. The various types of biofuels include ethanol made from corn and sugarcane, biodiesel made from vegetable oils and liquid animal fats, green diesel made from algae and other plant sources, and biogas which is methane derived from animal manure and other digested organic material. The biofuels that are derived from grasses and plants can mitigate global warming by reducing carbon emissions. Aviation fuel companies are increasingly investing in the production of biofuels to offer sustainbale and emission free fuel to aerospace companies. For instance, in September 2021, POET, the largest biofuels producer in the US announced the commitment to achieving net-zero carbon emissions at its bioprocessing facilities by 2050. Furthermore, in February 2022, Nuseed, a provider of new, sustainable plant-based solutions to growers, industry, and end-use customers, and BP Products North America Inc., an oil and gas company, made a long-term strategic offtake and market development agreement to process or sell into growing markets to produce sustainable biofuels. In April 2022, TITAN Aviation, a US-based aircraft fuel company acquired AKRYL for an undisclosed amount. The acquisition would provide international footprint to the company and improve its product offering. AKRYL is a Switzerland-based aviation fuel company. North America was the largest region in the aviation fuel market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aviation fuel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the aviation fuel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aviation fuel market consists of the sales of fuels and gasoline. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aviation fuel market research report is one of a series of new reports from The Business Research Company that provides aviation fuel market statistics, including aviation fuel industry global market size, regional shares, competitors with an aviation fuel market share, detailed aviation fuel market segments, market trends and opportunities, and any further data you may need to thrive in the aviation fuel industry. This aviation fuel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Aviation analytics refers to a computational technology that provides end-users with information or statistics derived from past airport operating data, historical flight data, weather predictions, and real-time flight data. It allows for predictive analysis and query processing of large amounts of structured and unstructured aviation data. Aviation analytics is staffed by specialists in the aviation sector with various expertises, including business process engineering, sales and marketing, and accounting. The main component of aviation analytics is services and solutions. The services for aviation analytics to services that are used to optimize the efficiencies of flights and airport operations. These are deployed on-premise and cloud. The various Business Function requiring aviation analytics are finance, operations, maintenance and repair, sales and marketing, supply chain, and others (data analytics) and have applications in-flight risk management, fuel management, route management, fleet management, inventory management, wealth management, inspection, performance monitoring, predictive analysis, part replacement, supply chain planning and energy management. The main End User is OEMs, airlines, airports and MROs. The global aviation analytics market is segmented - 1) By Component: Services, Solutions 2) By Deployment: On-Premise, Cloud 3) By Business Function: Finance, Operations, Maintenance And Repair, Sales And Marketing, Supply Chain, Other Business Funcations 4) By Application: Flight Risk Management, Fuel Management, Rout Management, Fleet Management, Inventory Management, Wealth Management, Inspection, Performance Monitoring, Predictive Analysis, Part Replacement, Supply Chain Planning, Energy Management 5) By End User: OEMs, Airlines, Airports, MROs The global aviation analytics market size will grow from $2.7 billion in 2022 to $3.02 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the aviation analytics is expected to grow to $5.38 billion in 2027 at a CAGR of 15.5%. The rise in aviation passenger traffic is contributing to the growth of the aviation analytics market. Aviation analytics provides software and services that will help airports bring together their data so that the data is viewed by airport management in a complete and coordinated way. Aviation analytics will provide effective solutions to streamline the whole process of simplifying passenger traffic and making the operations hassle-free. According to the International Air Transport Association (IATA) passenger data for March 2022, total traffic in March 2022 (measured in revenue passenger kilometres or RPKs) was up 76% compared to March 2021. Thus, an increase in aviation will drive the aviation analytics market growth. Major players in the aviation analytics market are IBM Corporation, Ramco Systems, SAP, Swiss Aviation Software, Lufthansa Technik, General Electric, Honeywell International, Airbus, Boeing, Oracle, Mu Sigma, IFS, Collins Aerospace, L3Harris Technologies Inc., IGT Solutions Pvt. Ltd., OAG Aviation Worldwide Limited, GrayMatter Software Services Pvt Ltd., Capgemini and Relx Group plc. Technological advancement is a key trend gaining popularity in the aviation analytics market. Airlines and airports are increasingly adopting new technology and turning to aviation analytics to automate operations, cut costs, and improve customer satisfaction. For instance, in May 2021, Alaska Airlines signed a contract to deploy the Flyways AI technology. It is a flight tracking and routing program that helps dispatchers make better judgments and plan more effective routes. The technology generates data-driven forecasts and makes flight operations and routing suggestions. Flyways helped the airline cut miles, save 480,000 gallons of fuel, and save 4,600 tonnes of carbon emissions over the six-month trial period. In October 2021, Atlantic Aviation Group, an Ireland-based Aircraft maintenance company, acquired Lufthansa Technik Shannon (LTSL) from its German parent Lufthansa Technik for an undisclosed amount. The acquisition allows AAG to maintain its current development trajectory while also taking advantage of the post-pandemic recovery in international aviation. Lufthansa Technik Shannon, a Germany-based company, provides maintenance, completions, repair, and overhaul services for aircraft, maintenance, repair, and MRO, OEM services for engines and components. North America was the largest region in the aviation analytics market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aviation analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the aviation analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The aviation analytics market includes revenues earned by entities by providing traffic bookings data, class of service, average fare, and airline, point of sale country and airport of origin. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aviation analytics market research report is one of a series of new reports from The Business Research Company that provides aviation analytics market statistics, including aviation analytics industry global market size, regional shares, competitors with a aviation analytics market share, detailed aviation analytics market segments, market trends and opportunities, and any further data you may need to thrive in the aviation analytics industry. This aviation analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Aviation lubricants refer to advanced fluids that are used to lubricate the various parts of an aircraft by providing additional functions such as engine cooling, cleanliness, and anti-corrosion. The primary purpose of a lubricant is to reduce friction between moving parts. Aviation lubricants aid in the maintenance of aircraft engines against wear, sludge, and corrosion, resulting in improved performance and energy efficiency. The main types of aviation lubricants are engine oil, grease, special lubricants and additives, and hydraulic fluid. The engine oil refers to a type of oil used in the aircraft engine for smooth and effective movement of the engine parts and to reduce friction. Engine oil in aviation is also used for a number of functions, such as lubrication, cooling, cleaning, corrosion protection, and others. Aviation lubrications uses synthetic and mineral-based technologies in their manufacturing activities, and they are used for lubrication of hydraulic systems, engine, landing gear, airframe, and other components. The end-users of aviation lubricants include business jets and turboprop planes, large commercial jets, piston engine aircraft, defense aircraft, helicopters, and other aircrafts. The global aviation lubricants market is segmented - 1) By Type: Engine Oil, Grease, Special Lubricants And Additives, Hydraulic Fluid 2) By Technology: Synthetic, Mineral Based 3) By Application: Hydraulic Systems, Engine 4) By Aircrafts: Business Jets and Turboprop Planes, Large Commercial Jets, Piston Engine Aircraft, Defense Aircraft, Helicopters, Other Aircrafts The global aviation lubricants market size grew from $1.61 billion in 2022 to $1.75 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the aviation lubricants is expected to grow to $2.37 billion in 2027 at a CAGR of 8.0%. The rise in air passenger traffic is expected to propel the growth of the aviation lubricants market. Air transportation has been an essential mode of transportation for travel from one location to another and for services. With the change in the aircraft industry, there is simultaneous growth in air traffic, leading to an increase in the demand for new aircraft and maintenance of the existing fleet. This increased passenger traffic leads to a rise in a significant supply of aircraft to regions where growth is expected. As aircraft have a limited life to serve, the need for aviation lubrication comes into the picture, as it provides additional engine cooling, cleanliness, and corrosion prevention functions to aircraft, which keeps the engine clean and the pistons running smoothly, thus increasing aircraft life. For instance, In May 2022, according to the International Air Transport Association (IATA) report on passenger air traffic, total traffic in March 2022 was up 76.0 % from March 2021 (measured in revenue passenger kilometers, or RPKs). Furthermore, there was a dramatic increase in the air passenger market in Europe, Asia-pacific, and North America, accounting for 85% of overall air passenger traffic. Therefore, the rise in air passenger traffic is expected to boost the demand for aviation lubricants during the forecast period. Major players in the aviation lubricants market are Aerospace Lubricants Inc., Eastman Chemical Company, Exxon Mobil Corporation, The Chemours Company, Lanxess, PJSC Lukoil Oil Company, Nyco S.A, Nye Lubricants Inc., Rocol, Royal Dutch Shell PLC., Jet-Lube (Whitmore Manufacturing LLC), TotalEnergies Company, BP p.l.c., Phillips 66 Company, and Tecsia Lubricants Pte Ltd. The development of eco-friendly and safe aviation fuel and lubricant is a key trend gaining popularity in the aviation lubricants market. Due to the increased environmental concern, the aviation lubricants market is witnessing the need for eco-friendly and safe aviation lubricants. Sustainable aviation fuel is being identified as a critical component in achieving these objectives. Many companies operating in aviation lubricants are developing lubricants that are ecofriendly and safe to use in nature to provide better products for their clients. For instance, in January 2021, Xeriant, Inc., a Florida-based developer of commercial aerospace technologies entered into a strategic partnership with Xeriant Europe s.r.o. to launch eco-friendly metal conditioners and lubricants under the name XERI-MC and XERI-L. In January 2020, Fuchs Petrolub, a German-based lubricants manufacturer, acquired Nye Lubricants Inc. for an undisclosed amount. With this acquisition, Fuchs will expand their specialty lubricants product portfolio by offering engineered solutions across multiple markets and creating opportunities to serve new and high-end critical applications. Nye Lubricants Inc. is a US-based manufacturer of industrial lubricants catering to markets such as aerospace, automotive, defense, and others. North America was the largest region in the aviation lubricants market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aviation lubricants market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aviation lubricants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The aviation lubricants market consists of sales of piston oil and specialty turbine oil. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The aviation lubricants market research report is one of a series of new reports from The Business Research Company that provides aviation lubricants market statistics, including aviation lubricants industry global market size, regional shares, competitors with an aviation lubricants market share, detailed aviation lubricants market segments, market trends and opportunities, and any further data you may need to thrive in the aviation lubricants industry. This aviation lubricants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.