The global photo merchandising market is expected to grow at a CAGR of 9.69% during the forecast period as vendors can charge a price premium for their services.The US is the leading country for photo merchandise due to huge popularity of photo cards. The photo card market in the US contributed 60% to the global photo card market due to the custom of sending cards during festive occasions.Photo gifts constitute the fastest growing segment in the market due to an increasing number of innovations that use photo merchandise.

According to Technavio analysis, the risk of text messages being intercepted or redirected to unknown numbers is high. In addition, some of the phones display the messages on-screen, even when the device is locked, thereby enabling an attacker or any person with physical access to the device to read the message. So, in order to combat this issue, several standards have been introduced in the market. For

instance, in 2016, the National Institute of Standards and Technology (NIST), the federal agency which sets up official guidelines for technology standards and measurement regulations, released a new draft of its digital authentication guideline section 5.1.3.2 that states that OOB (Out of band) using SMS two-factor authentication will not be used in future.Technavio believes that in next two years Dai Nippon Printing (DNP) and its cloud solution will become more competent by integrating with a biometric solution, OTP(one-time password) and OOB (out of band) technologies. In July 2016, Gemalto announced to deliver its Ezio Mobile Suite to Dai Nippon Printing (DNP), a financial solution provider in Tokyo, Japan. This will help DNP to secure internet banking and mobile payments as well as offer a strong and scalable cloud-based authentication platform with the support of a wide variety of authentication and transaction signing methods.

The PET packaging market will grow at a moderate rate between 2015 and 2020,showcasing a CAGR of 5.3%. The increased demand for bottled water and easyto-use packaging will boost the sales of the market during the forecast period.PET containers weigh 60%-70% less than glass containers. Thus, if PET containers are used instead of glass containers, fewer trucks are required for transportation. As a result, transportation charges are reduced by 30%-40% and carbon emission is decreased by 50%.Beverage companies are focusing on light-weight packaging by reducing the use of raw material while manufacturing PET bottles. For instance, beverage producer Dr.Pepper recycles more than 85% of the solid waste generated by its manufacturing plant and has conserved more than 60 million pounds of plastic by using

redesigned and lightweight packaging.Asia-Pacific (APAC) is estimated to account for a share of 35.71% of the market in 2016. In 2015, the demand for PET products from Asia accounted for 43% of the global demand; the share of the demand from Asia will increase and reach 48% in 2020. China is the dominant player in Asia. It alone accounted for 32% of the global PET bottles consumption in 2015. Its demand for PET bottles is expected to increase by 20%-30% in 2016.PET packaging in South and Central America reached $4.37 billion in 2015 and is expected to reach $5.95 billion in 2020, growing at a CAGR of 6.37% during the forecast period. Many international companies are expanding their business in this region through M&A. For instance, recently, DAK Americas acquired CabelmaPET to expand its business in Argentina to include recycling of PET resins.

The global pet daycare and lodging market is expected to grow at a CAGR of 8.26% during the forecast period. The market is driven by premiumization of pet services and the increasing number of restaurants and hotels for pets.Cat daycare and lodging services are less popular than dog daycare and lodging services or combined pet daycare and lodging services. This is because cats prefer to be kept in their own environment; as a result, pet owners prefer in-house pet sitters for their cats.Strategic alliances such as mergers and acquisitions are leading to an increase in pet daycare and lodging facilities, especially in the US. This increase in the number of pet-care facilities attributed to the rising number of pet owners who like to pamper their pets with luxurious services. In 2016, Paradise 4 Paws Pet Resort took over the operations of Petco's Pooch Hotel. The resort operates all 10 Petco's Pooch Hotels as well as four of its existing pet resorts in the US.

The area of focus with respect to pet care packaging includes materials and machinery. The use of new materials in pet care packaging is expected to infuse more competition to the use of present set of materials during the forecast period.The market share of new materials is expected to go up by 10% in the next 10 years. Although the majority of the demand for pet care packaging is from the pet food sector, the non-pet food sector will see increased traction as the new packaging materials would be tested on non-food products for barrier efficiency during the forecast period.The design, function, food safety, and printing quality of packages are the parameters to look for with respect to vendors. With food safety being paramount,the supplementary factors such as the quality of the outer packaging and the print quality of the packaging are also the determining factor in selecting a vendor.The volatility of raw materials does impact the packaging industry. Although there is a considerable lag in the actual impact and passing on the impact to end-users, it has been passed on to end-users over the course of time. This impact has been considerably offset by adopting long-term sourcing contracts with suppliers and also with customers based on demand estimation.At the operational level, regulations have not been able to impact the production lines for pouch making companies. Instances of alteration in production lines,reduced production, or complete shutdown due to regulation have been very few and negligible.

In 2015, the Americas dominated the global peripheral component interconnect express (PCIe) solid-state drive (SSD) market. The region accounted for a market share of 40.5% due to high demand for energy-efficient IT infrastructure by enterprises. High-performance and mission-critical storage infrastructure (including all-flash storage solutions such as PCIe SSDs) will develop in the region during the

forecast period.The growing number of data centers and the growing use of the connected mobile device will drive the market for data center storage systems in APAC. The systems help in storage and processing of huge chunks of data. The region is expected to grow at a CAGR of 33.77% during the forecast period due to the adoption of an increasing number of hybrid storage by enterprises.As of 2016, SSD with a maximum capacity of 4TB is available in the market.500GB-1TB units can be mostly found as primary drives in systems. Multimedia

users require 1-4 TB drives for high-end systems.Enterprises are increasing their storage capacity with the growth of cloud computing, the Internet of Things (IoT), and the amount of data crossing network.They require highly reliable, fast, and cost-effective SSDs such as PCIe SSDs that use 3D NAND memory.

The crucial factors that are driving worldwide demand for passenger vehicle replacement tires include falling rubber and gasoline prices. The price of gasoline has decreased by 60% in the US. These trends are boosting market demand for gasoline-powered vehicles.The boost in automotive sales across the world is led by fast-growing automobile markets such as India and China. These nations registered growth rates of 7.64% and 5.91%, respectively, in 2015. The aging vehicle population in mature markets such as Japan, the US, and Western Europe also balances this trend.Stable commodity prices are ensuring that the cost of tires remains consistent,which is a key factor that is impelling the growth of the global passenger vehicle replacement tire market.Technavio notes that younger drivers are not brand-centric like the preceding generation. This trend encourages new and small manufacturers to enter the onceconcentrated

replacement tire market.

The use of alloy wheels reduces the unsprung weight and helps in better handling of vehicles. Alloy wheels are light and provide easy acceleration to the cars, leading to better mileage and fuel economy. In the automotive industry wheels made of steel is, therefore, gradually getting replaced by alloy wheels. Alloy wheels are wheels made of alloys of aluminum and magnesium. The increasing use of alloy wheels in the automotive industry is due to several benefits of alloy wheels over the conventional steel wheels.

The aircraft HMV market is one of the key segments of the MRO market. It includes the MRO of the airframe, engines, and components, where thorough visual checks and NDT tests are conducted to detect damages or corrosions caused inside the skin of the aircraft, engine valves, and all the special parts where an extensive check is required.

Traditional air-cushion vehicles were used to transport equipment and troops from ships to beaches or war zones. However, with the changing demand, the air-cushion vehicle industry has witnessed the production of advanced landing crafts that can travel on several types of terrain like ice and sand. Also, the applications of air-cushion vehicles for commercial purposes like ferrying passengers and personal use (like for fishing, transport, and recreational) are rising.