Letter of credit confirmation provides guarantee, advising, negotiation, and confirmation services to importers and exporters in the market. It acts as a documentary proof of credit between traders and other parties involved during the trade process. The confirming banks in the market are executing strict rules & regulations in different countries, developing their existing offering by implementing advanced technologies that addresses real-time digitalized letter of credit contract and enhance business efficiency in the market. This, as a result fuels the growth of letter of credit confirmation market. An in-depth analysis across North America, Europe, Asia-Pacific, and LAMEA has also been included. The export L/Cs volume and the operating revenue generated from these services have been considered under the scope of the market. This report features information on letter of credit confirmation services offered by key vendors. Furthermore, it highlights the strategies of key players to improve the market share and sustain competition.

Infrastructure as a service is a cloud computing service where enterprises lease servers for compute and storage in the cloud. These online services offer high-level APIs used to dereference different low-level details of underlying network infrastructure such as physical computing resources, data partitioning, scaling, location, security, backup and others. With IaaS users can run any operating system or applications on the leased servers without the operating & maintenance costs of these servers. The report focuses on the growth prospects, restraints, and market analysis. The study provides Porter’s five forces analysis of the industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the market. In addition, the report analyzes the profiles of key players operating in the market, which include Amazon Web Services, Inc., Microsoft Corporation, IBM Corporation, Redcentric PLC., Google, Inc., VMware, Inc., Oracle Corporation, EMC Corporation, Rackspace Hosting, Inc., and Red Hat, Inc.

The construction industry is highly dynamic, and numerous factors, such as overall economy, budgets, and global economic scenario, are influencing the market’s growth. Volatility in these aspects affects the businesses of construction equipment OEMs, as well as construction rental equipment. This, in turn, is leading to price fluctuations of new, used, and rental equipment. The ASEAN region holds significant oppor tunities for the growth in demand for construction machinery. With the prospects of large infrastructure projects and shifting labor dynamics, the construction equipment rental market is expected to witness growth post-2020 during the forecast period. With a sudden outbreak of COVID-19 pandemic across the world, many economic sectors, including the construction industry, have been under lockdown for a few weeks/months in the first quarter of 2020. In the ASEAN countries, the construction sector is expected to grow at a rate of more than 6% post-2020. It is estimated that over the next five years, the combined value of all the megaprojects in the ASEAN region is expected to be valued at USD 2.9 trillion. Of this value, about USD 1.5 trillion is invested in the planning/pre-planning phase.