ReleaseWire Connect

TechNavio's analysts forecast the Global Batch Management Software market to grow at a CAGR of 7.84 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need for enhanced production. The Global Batch Management Software market has also been witnessing the development of industry-specific batch management software. However, the non-availability of a skilled workforce could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Car Rental market in the US to grow at a CAGR of 6 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing international visitors to the US. The Car Rental Market in the US has also been witnessing technology driving new services. However, the decline in corporate travel could pose the biggest challenge to the growth of this market.

TechNavio's analysts forecast the Animation and Gaming market in India to grow at a CAGR of 37.06 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in outsourcing of animation development to India. The Animation and Gaming market in India has also been witnessing increasing demand for mobile games. However, the lack of skilled animators in India could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Global Paint and Coating market to grow at a CAGR of 5.46 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in civil and construction activities across the globe. The Global Paint and Coating market has also been witnessing the development of eco-friendly paint. However, the lack of effective product differentiation could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Global Photoelectric Sensor market to grow at a CAGR of 1.87 percent over the period 211-215. One of the key factors contributing to this market growth is the increasing focus on automation. The Global Photoelectric Sensor market has also been witnessing the increasing adoption of photoelectric sensors in Defense and IT sectors. However, the recession in the economy could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Global Home Security Solutions market to grow at a CAGR of 8.9 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing security concerns across the globe. The Global Home Security Solutions market has also been witnessing the transformation from a technology-driven to a consumer-driven industry. However, the lack of awareness with respect to advancements in technology could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Global On-demand Enterprises Applications Software market to grow at a CAGR of 17.58 percent over the period 2011-2015. One of the key factors contributing to this market growth is the high demand for on-demand solutions among SMEs. The Global On-demand Enterprises Applications Software market has also been witnessing the increasing adoption across on-demand CRM software sub-segments. However, problems with customization and integration could pose a challenge to the growth of this market.

TechNavio's analysts forecast the PCB market in China to grow at a CAGR of 6.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for PCBs in digital consumer electronics. The PCB market in China has also been witnessing the miniaturization of PCBs. However, the slow growth in PCB technology could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Global Wound Care market to grow at a CAGR of 5.3 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in aging population. The Global Wound Care market has also been witnessing the trend of increasing demand for combination dressings. However, the intense competition among vendors could pose a challenge to the growth of this market.

TechNavio's analysts forecast the LPG Vehicle market in Europe to grow at a CAGR of 10.67 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing gasoline and diesel prices. The LPG Vehicle market in Europe has also been witnessing technological advancements in OEM and conversion LPG vehicles. However, competitive pressure from alternative fuels could pose the biggest challenge to the growth of this market.