Automatic Milking Machines Market by Product, Mobility Type, and Geography - Forecast and Analysis 2022-2026

Published: Mar 2022

Pages: 120

SKU: IRTNTR73006

Snapshot

The automatic milking machines market share is expected to increase by USD 1.83 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.34%.

This automatic milking machines market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automatic milking machines market segmentation by product (semi-automatic milking machines and fully-automatic machines), mobility type (stationary automatic milking machines and portable automatic milking machines), and geography (Europe, North America, APAC, South America, and Middle East and Africa). The automatic milking machines market report also offers information on several market vendors, including ADF Milking Ltd., Afimilk Ltd., AMS Galaxy USA, AS SA Christensen & Co., BouMatic, Caprine Supply, Fullwood Ltd., GEA Group Aktiengesellschaft, Impact Technologies, InterPuls Ltd., Kanters BV, LAKTO Dairy Technologies, Lely International NV, Merck and Co. Inc., Milkline, Milkplan SA, Prompt Equipments Pvt. Ltd., System Happel GmbH, The Tetra Laval Group, and Vansun Technologies Pvt. Ltd. among others.

What will the Automatic Milking Machines Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Automatic Milking Machines Market Size for the Forecast Period and Other Important Statistics

Automatic Milking Machines Market: Key Drivers, Trends, and Challenges

The need to improve the work efficiency in dairy farms is notably driving the automatic milking machines market growth, although factors such as high investment and maintenance cost of automatic milking machines may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automatic milking machines industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automatic Milking Machines Market Driver

One of the key factors driving the global automatic milking machines market growth is the need to improve the work efficiency in dairy farms to increase the profitability for dairy farmers. To improve the work efficiency in dairy farms, the dairy farmers need to perform the milking operation in a lesser time. Hence, they prefer automatic milking machines, as they can manage larger herds faster while minimizing the risk of transmitting pathogenic microorganisms. The automatic milking machines can be connected to multiple animals and can perform milking of multiple animals at a time. Hence, dairy farmers are increasingly investing in automatic milking machines, as they do not require any labor and enhance the milking efficiency, thereby increasing their profits. These benefits offered by automatic milking machines will propel the market growth during the forecast period.

Key Automatic Milking Machines Market Trend

Rising demand for sensor-based milking is one of the key automatic milking machines market trends that is expected to impact the industry positively in the forecast period. Sensors are integrated with automatic milking machines to ensure that only high-quality milk is entered into the milk collection tanks, and abnormal milk is prevented from entering the storage tank. The manual inspection of milk quality may not be effective and require more time to inspect the milk collected from each animal in the end-user environment. This increases the demand for faster and more effective inspecting systems, which are attached to automatic milking machines. Some of the prominent vendors that offer automatic milking machines with biosensors are DeLaval, GEA Group, and Lely. The rising demand for sensor-based milking by the end-users will further propel the growth of the global automatic milking machines market during the forecast years.

Key Automatic Milking Machines Market Challenge

One of the key challenges to the global automatic milking machines market growth is the high investment and maintenance cost of automatic milking machines. For instance, robotic, automatic milking machines and milking parlors are significantly more expensive than other types of automatic milking machines. Apart from the initial cost for such automatic milking machines, installation and other infrastructure requirements for the automatic milking machines incur additional costs. This makes it difficult for dairy farmers to adopt robotic automation in the milking process. In addition, the automatic milking machines require a continuous supply of electricity and supporting infrastructure for continuous operation in the end-user environment. The automatic milking machines also require frequent maintenance, which can incur additional costs, thereby making it difficult for the end-users to meet profitability in their business. Such factors may limit the market during the forecast period.

This automatic milking machines market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global automatic milking machines market as a part of the global agricultural and farm machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automatic milking machines market during the forecast period.

Who are the Major Automatic Milking Machines Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

This statistical study of the automatic milking machines market encompasses successful business strategies deployed by the key vendors. The automatic milking machines market is fragmented and the vendors are deploying growth strategies such as launching new products to compete in the market.

Product Insights and News

Afimilk Ltd. - The company offers automatic milking machines such as Afimilk MPC.
Afimilk Ltd. - Under the unified segment, the company is involved in cow monitoring solutions that include software, monitoring, and automation management for dairy farms.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automatic milking machines market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Automatic Milking Machines Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the automatic milking machines market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Automatic Milking Machines Market?

For more insights on the market share of various regions Request for a FREE sample now!

40% of the market's growth will originate from Europe during the forecast period. Germany and The Netherlands are the key markets for automatic milking machines in Europe. Market growth in this region will be faster than the growth of the market in MEA and APAC.

The significant increase in the demand for automatic milking machines owing to the high demand for dairy products will facilitate the automatic milking machines market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic in 2020 disrupted the regional automatic milking machines market extensively. The imposition of lockdowns, travel restrictions, and border closures added a shock to farming systems in various countries such as Germany, the UK, France, and Italy. The manufacturing, transportation, and distribution activities of vendors in the region were negatively impacted due to the shutdown of factories, warehouses, and others. However, it is recovering from this pandemic as operations across manufacturing and supply chains resumed in full capacity due to vaccination drives. This led to a rise in the regional automatic milking machines market growth, which is expected to continue during the forecast period.

What are the Revenue-generating Product Segments in the Automatic Milking Machines Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The automatic milking machines market share growth by the semi-automatic milking machines segment will be significant during the forecast period. Semi-automatic milking machines are cheaper compared to the fully-automatic milking machines. Semi-automatic milking machines can also be connected in a pipeline in a milking parlor. Such factors will drive the segment growth in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automatic milking machines market size and actionable market insights on post COVID-19 impact on each segment.

Automatic Milking Machines Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.34%
Market growth 2022-2026	$ 1.83 billion
Market structure	Fragmented
YoY growth (%)	6.78
Regional analysis	Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution	Europe at 40%
Key consumer countries	US, Canada, China, Germany, and The Netherlands
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	ADF Milking Ltd., Afimilk Ltd., AMS Galaxy USA, AS SA Christensen & Co., BouMatic, Caprine Supply, Fullwood Ltd., GEA Group Aktiengesellschaft, Impact Technologies, InterPuls Ltd., Kanters BV, LAKTO Dairy Technologies, Lely International NV, Merck and Co. Inc., Milkline, Milkplan SA, Prompt Equipments Pvt. Ltd., System Happel GmbH, The Tetra Laval Group, and Vansun Technologies Pvt. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Automatic Milking Machines Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive automatic milking machines market growth during the next five years
Precise estimation of the automatic milking machines market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the automatic milking machines industry across Europe, North America, APAC, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of automatic milking machines market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Mobility Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

5.1 Market segments
- Exhibit 25: Chart on Product - Market share 2021-2026 (%)
- Exhibit 26: Data Table on Product - Market share 2021-2026 (%)

5.2 Comparison by Product
- Exhibit 27: Chart on Comparison by Product
- Exhibit 28: Data Table on Comparison by Product

5.3 Semi-automatic milking machines - Market size and forecast 2021-2026
- Exhibit 29: Chart on Semi-automatic milking machines - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Semi-automatic milking machines - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Semi-automatic milking machines - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Semi-automatic milking machines - Year-over-year growth 2021-2026 (%)

5.4 Fully-automatic machines - Market size and forecast 2021-2026
- Exhibit 33: Chart on Fully-automatic machines - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Fully-automatic machines - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Fully-automatic machines - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Fully-automatic machines - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Product
- Exhibit 37: Market opportunity by Product ($ million)

6 Market Segmentation by Mobility Type

6.1 Market segments
- Exhibit 38: Chart on Mobility Type - Market share 2021-2026 (%)
- Exhibit 39: Data Table on Mobility Type - Market share 2021-2026 (%)

6.2 Comparison by Mobility Type
- Exhibit 40: Chart on Comparison by Mobility Type
- Exhibit 41: Data Table on Comparison by Mobility Type

6.3 Stationary automatic milking machines - Market size and forecast 2021-2026
- Exhibit 42: Chart on Stationary automatic milking machines - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Stationary automatic milking machines - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Stationary automatic milking machines - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Stationary automatic milking machines - Year-over-year growth 2021-2026 (%)

6.4 Portable automatic milking machines - Market size and forecast 2021-2026
- Exhibit 46: Chart on Portable automatic milking machines - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Portable automatic milking machines - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Portable automatic milking machines - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Portable automatic milking machines - Year-over-year growth 2021-2026 (%)

6.5 Market opportunity by Mobility Type
- Exhibit 50: Market opportunity by Mobility Type ($ million)

7 Customer Landscape

7.1 Customer landscape overview
- Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation
- Exhibit 52: Chart on Market share by geography 2021-2026 (%)
- Exhibit 53: Data Table on Market share by geography 2021-2026 (%)

8.2 Geographic comparison
- Exhibit 54: Chart on Geographic comparison
- Exhibit 55: Data Table on Geographic comparison

8.3 Europe - Market size and forecast 2021-2026
- Exhibit 56: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 57: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 58: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 59: Data Table on Europe - Year-over-year growth 2021-2026 (%)

8.4 North America - Market size and forecast 2021-2026
- Exhibit 60: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 61: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 62: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 63: Data Table on North America - Year-over-year growth 2021-2026 (%)

8.5 APAC - Market size and forecast 2021-2026
- Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)

8.6 South America - Market size and forecast 2021-2026
- Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)

8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

8.8 US - Market size and forecast 2021-2026
- Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)

8.9 China - Market size and forecast 2021-2026
- Exhibit 80: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on China - Year-over-year growth 2021-2026 (%)

8.10 Canada - Market size and forecast 2021-2026
- Exhibit 84: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on Canada - Year-over-year growth 2021-2026 (%)

8.11 Germany - Market size and forecast 2021-2026
- Exhibit 88: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on Germany - Year-over-year growth 2021-2026 (%)

8.12 The Netherlands - Market size and forecast 2021-2026
- Exhibit 92: Chart on The Netherlands - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on The Netherlands - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on The Netherlands - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on The Netherlands - Year-over-year growth 2021-2026 (%)

8.13 Market opportunity by geography
- Exhibit 96: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges
- Exhibit 97: Impact of drivers and challenges in 2021 and 2026

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape
- Exhibit 98: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption
- Exhibit 99: Overview on factors of disruption

10.4 Industry risks
- Exhibit 100: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
- Exhibit 101: Vendors covered

11.2 Market positioning of vendors
- Exhibit 102: Matrix on vendor position and classification

11.3 Afimilk Ltd.
- Exhibit 103: Afimilk Ltd. - Overview
- Exhibit 104: Afimilk Ltd. - Product / Service
- Exhibit 105: Afimilk Ltd. - Key offerings

11.4 BouMatic
- Exhibit 106: BouMatic - Overview
- Exhibit 107: BouMatic - Product / Service
- Exhibit 108: BouMatic - Key offerings

11.5 Fullwood Ltd.
- Exhibit 109: Fullwood Ltd. - Overview
- Exhibit 110: Fullwood Ltd. - Product / Service
- Exhibit 111: Fullwood Ltd. - Key offerings

11.6 GEA Group Aktiengesellschaft
- Exhibit 112: GEA Group Aktiengesellschaft - Overview
- Exhibit 113: GEA Group Aktiengesellschaft - Business segments
- Exhibit 114: GEA Group Aktiengesellschaft - Key news
- Exhibit 115: GEA Group Aktiengesellschaft - Key offerings
- Exhibit 116: GEA Group Aktiengesellschaft - Segment focus

11.7 InterPuls Ltd.
- Exhibit 117: InterPuls Ltd. - Overview
- Exhibit 118: InterPuls Ltd. - Product / Service
- Exhibit 119: InterPuls Ltd. - Key offerings

11.8 LAKTO Dairy Technologies
- Exhibit 120: LAKTO Dairy Technologies - Overview
- Exhibit 121: LAKTO Dairy Technologies - Product / Service
- Exhibit 122: LAKTO Dairy Technologies - Key offerings

11.9 Lely International NV
- Exhibit 123: Lely International NV - Overview
- Exhibit 124: Lely International NV - Product / Service
- Exhibit 125: Lely International NV - Key offerings

11.10 Milkline
- Exhibit 126: Milkline - Overview
- Exhibit 127: Milkline - Product / Service
- Exhibit 128: Milkline - Key offerings

11.11 Milkplan SA
- Exhibit 129: Milkplan SA - Overview
- Exhibit 130: Milkplan SA - Product / Service
- Exhibit 131: Milkplan SA - Key offerings

11.12 The Tetra Laval Group
- Exhibit 132: The Tetra Laval Group - Overview
- Exhibit 133: The Tetra Laval Group - Business segments
- Exhibit 134: The Tetra Laval Group - Key news
- Exhibit 135: The Tetra Laval Group - Key offerings
- Exhibit 136: The Tetra Laval Group - Segment focus

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist
- Exhibit 137: Inclusions checklist
- Exhibit 138: Exclusions checklist

12.3 Currency conversion rates for US$
- Exhibit 139: Currency conversion rates for US$

12.4 Research methodology
- Exhibit 140: Research methodology
- Exhibit 141: Validation techniques employed for market sizing
- Exhibit 142: Information sources

12.5 List of abbreviations
- Exhibit 143: List of abbreviations

effect of climate change on agricultural production: Agricultural production is directly dependent on climate changes, such as a rise in temperature. Unfavorable climate change can affect agricultural production. For instance, an increase in temperature can reduce yields, thereby affecting the potential profitability of end-users. Agriculture plays a key role in the overall economic growth of many countries. A rise in temperature is mainly attributed to the increase in greenhouse gas emissions, including fluorinated gases, nitrous oxide, carbon dioxide, and methane, which can negatively affect water and land resources, resulting in floods and droughts. Such adverse effects of climate change can reduce the scope of farming and adversely affect the sales opportunities of agricultural and farm machinery.

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

automatic milking machines market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis