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DCIM Market Import Export Scenario, Application, Growing Trends and Forecast 2020-2026
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SAAS Marketing
Dr Surabhi Singh has an experience of around 20 years in academics and industry. Being an ardent researcher, her areas of academic interest include Digital Marketing, Consumer Behaviour, Marketing Research, CRM, Marketing Analytics, Neuromarketing. She has been associated with Global Professional Bodies in their Review/Advisory Committees. She has been active Guest Speakers on different training sessions at Private and Public Organizations in India. LESS. MORE
SaaS Marketing is that focuses on promoting and acquiring leads for subscription-based products. The software service providers have started promoting the products in the form of subscription services. The concept of online application services was coined by John McCarthy in 1961. The first company that initiated SaaS was Concur in 1998.
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The global pin insertion machine market is estimated to grow from USD 222.8 million in 2019 to USD 255.9 million by 2025, growing at a CAGR of 5.6% between 2020 and 2025.
The market has a promising growth potential due to several factors, including the increasing adoption of IoT-enabled connected devices, surging demand for data centers complemented by the outbreak of COVID-19, rising demand for flexible, cost-effective, and precise techniques for inserting connectors on PCBs, the emerging trend of miniaturization of electronic devices, and recent innovations in sophisticated automotive electronics.
COVID-19 sent both demand- and supply-side shocks across the global economy. Leading pin insertion machine provider TE Connectivity (Switzerland) has incurred significant losses owing to the pandemic. The company reported a decline of approximately 15% in its half-year revenue as compared to the previous year.