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The global steel wire market size was valued at USD 91.33 billion in 2018 and is expected to reach USD 112.14 billion by 2026, exhibiting a CAGR of 2.7% during the forecast period. Increasing construction activities in the residential sector and rising government spending in emerging economies may foster market growth. Fortune Business Insights™ provides this information in its report titled “Steel Wire Market, 2019-2026.” Information Source- https://www.fortunebusinessinsights.com/steel-wire-market-102581 Segmentation Carbon Steel Segment to Dominate Owing to Rising Applications from the Construction Industry By grade, the market is segmented into carbon steel, stainless steel, and flat steel, alloy steel. The carbon steel segment is expected to dominate due to its rising applications in the construction sector. Further, technological advancements have enhanced the product’s quality, thereby facilitating segmental growth. Construction Segment to Dominate Owing to Increasing Commercial and Residential Projects As per the end-use industry, the market is classified into automotive, construction, energy, agriculture, and others. The construction segment is expected to dominate due to rising residential and commercial projects globally. Furthermore, rapid infrastructure development globally is expected to facilitate segmental growth. Regionally, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players. Drivers and Restraints Rising Focus on Infrastructure Development to Foster Market Growth Steel wire is used to reinforce and strengthen building structures. A rising focus on infrastructure development in major countries is expected to foster the demand for the material. Furthermore, increasing residential and commercial projects by private and government firms are likely to escalate the material’s demand. Moreover, the rapid development of hospitals, offices, schools, and industries is expected to foster the wire’s sales. Also, the rising adoption of steel wire for the construction of dams, towers, and bridges is expected to foster its adoption. These factors may drive the steel wire market growth. However, the rising adoption of plastic ropes compared to their steel counterpart is expected to hamper the industry’s growth. Regional Insights Strong Demand for Construction Projects to Foster Market Growth in North America North America is expected to dominate the steel wire market share due to the robust demand for construction projects. The market in North America stood at USD 8.24 billion in 2018 and is expected to gain a huge portion of the global market share in the upcoming years. These factors may propel market growth in the region. In Europe, the presence of several significant manufacturing companies is expected to bolster steel wire demand. Further, the increasing adoption of the material for automobile applications is expected to boost industry growth. In Asia Pacific, the rising focus on infrastructure development by the governments of respective countries is expected to elevate steel wire production. This factor may propel industry growth in the region. Competitive Landscape Companies Announce Novel Products to Boost Brand Image The prominent companies operating in the market announce novel products to boost their brand image. For example, WireCo. announced TURBOLITE M, 8-strand steel ropes, in March 2019. The product targets the mining industry to strengthen the weight ratio while being lightweight compared to normal steel ropes. This launch may allow the company to attract consumers and elevate its brand image. Furthermore, manufacturers devise research and development, mergers, acquisitions, partnerships, and innovations to bolster their market position.

The global precious metals market size was USD 261.94 billion in 2020. The industry is expected to expand from USD 275.40 billion in 2021 to USD 403.08 billion in 2028, exhibiting a CAGR of 5.6% from 2021 to 2028. The rise can be credited to increasing disposable incomes and changing lifestyle choices across various regions. Information Source - https://www.fortunebusinessinsights.com/precious-metals-market-105747 Segments: Gold Segment to Register Notable Growth Due to Escalating Disposable Income Based on type, the market for precious metals is segmented into silver, gold, and platinum group metals. The gold segment is expected to record commendable expansion over the forecast period. The rise can be attributed to the surging disposable income and escalating knowledge regarding investments among consumers. Based on region, the industry is subdivided into Europe, Asia Pacific, North America, South America, and the Middle East & Africa. Industrial Segment to Record Commendable Surge Impelled by Growing Silver Demand Based on application, the industry for precious metals is fragmented into jewelry, industrial, investments, and others. Of these, the industrial segment is anticipated to depict considerable growth over the estimated period. The expansion can be credited to the surging silver demand from photovoltaic manufacturers. The segmental growth is further being driven by the rising demand for solar panels. Report Coverage: The report provides an in-depth analysis of the major trends that are expected to drive business growth over the forthcoming years. It further gives a comprehensive coverage of the key factors anticipated to impel the industry landscape across various regions. Additional aspects of the report comprise the significant steps taken by leading companies for the consolidation of their market position. Drivers and Restraints: Market Value to Surge Driven by Changing Lifestyle Choices & Surging Disposable Income Precious metals market growth is primarily being impelled by the changing lifestyle choices and surging disposable income. This is further being supplemented by the escalating significance of jewelry in the wedding ceremonies of India, China, and other South Asian countries. Besides, gold is considered as a safe haven for investment. However, the industry growth is likely to be hindered by a range of factors such as government reserves, geopolitical uncertainties, inflation, currency fluctuations, and others. Regional Insights: Asia Pacific to Emerge as Major Region Due to Presence of Electronics & Electrical Industry in the Region Asia Pacific precious metals market share is anticipated to register substantial growth through the forecast period. The surge can be credited to the presence of the largest electronics & electrical industry in the region. Further, India and China are key consumers of gold, which is expected to favor industry expansion to a considerable extent. The North America region is set to record commendable expansion over the estimated period. The rise can be attributed to robust manufacturing capabilities in the U.S. and the presence of precious mineral mines in the region.

How Do Free Apps Make Money? Making money with free apps is a trending topic in the mobile application development world. The mobile app industry has been active for over a decade and is now generating billions of dollars in the revenue. Research shows from 2021 to 2022 the app and game revenues increased by 19.1% to $133 Billion and most of these Free Apps and games are free to download upfront and then charge for subscription or in-app purchases. Hence, it’s an estimate that the mobile app industry is most likely to hit a whopping $407.31 Billion by 2026. With more than three billion smartphone users, the industry keeps on expanding and bringing more revenue in the upcoming years. While there is so much growth and spread of apps across the globe, the demand for custom app development is at an all-time high. For App Tech startups, the app is a core product, but even for non-app tech startups the app is an essential tool to engage with their customers and users and to improve the overall business process. Hence this makes startups and entrepreneurs curious for answers to a few questions. Popular Revenue Models For How Do Free Apps Make Money 1. Revenue through Mobile Advertising In-app advertisement method, the most common and easiest method to implement when it comes to money-making apps via a third-party ad network like Google AdMob or Tapjoy (iron source) etc. As per the latest report by business standard the global mobile ad spend is going to reach $362 Billion and $412 Billion in 2023 and 2024 respectively. The free app market has always outnumbered the paid ones when it comes to profit and download numbers, however an app should have a large user base in order to convert that into significant revenue through in-app ads. 2. App Monetization through Sponsorships / Sponsored Content Another interesting and exciting method to earn money from a mobile app is sponsorship. In this method, the app owner needs to figure out the appropriate platform to launch the app. A platform or brand that has its identity before and a great audience base should be preferred. 3. In-app Purchase Freemium Model Another way to make money with free mobile apps is to offer in-app purchases in a Freemium Model. A Freemium Model means you offer some features of the Apps for free, while charge for some premium features. These are purchases that are made while the app is open. In-app purchases include things like extra lives, bonus levels in a game, or virtual goods in a social media app. 4. App Subscription Model The App subscription-based model is one of the most popular and finest app monetization strategies over the last few years, however it is also a part of the in-app purchase. In this method, users can subscribe to join, try for a while, and then pay a regular monthly fee for access. Subscription-based apps tend to see higher revenue per user than apps with other business models. This type of monetization is recommended for cloud-based services, audio and video streaming apps or OTT Apps, and Media Services etc. As per the Subscription Trade Association, 75% of distributor-to-consumer businesses will have a subscription-based leg of their business by 2023. 5. Selling Physical goods As the name suggests, the apps that sell physical goods make money by how? By selling physical goods on e-commerce apps or on food delivery apps or taxi booking apps. These Apps are free, their content is free and all you pay for is to buy a physical good or service out of it. Please note that such apps accept payments through a payment gateway (like PayPal, stripe) and not via in-app purchase. Hence don’t give commission to Google or Apple but to the respective payment gateway provider. The commission of such payment gateways is usually 2.9 % of the total sales. 6. Affiliate and Referral Marketing Monetization Model Affiliate is another variation of sponsorship. In place of granting advertising rights solely to one organization, you negotiate with interested parties and place their reference links in your application. Referral Marketing includes promoting a third-party product or service as a way to upgrade revenue opportunities for your app. App publishers sell or promote affiliates based on the number of clicks or installs. For this one can use pop-up ads to endorse someone else’s application or advertise products. Source: https://www.agicent.com/blog/how-do-free-apps-make-money/

How Much Does it Cost to Maintain an App? App maintenance is an ongoing investment to ensure your app continues to meet user expectations, stays competitive in the market, and remains secure and functional. How about if we reveal all what is covered in the scope of the App maintenance, Why do you need to regularly manage your App, what kind of hours and money should you be planning to invest to manage your app in 2023? It will be cool, ya? Ideally, a basic App Maintenance Cost Plan of 160 hours per month will do a fair job to manage and upkeep a commercial version of your App and this would cost you less than $ 3000/ Month. Now depending upon the needs, number of App users, number of requests/ issues reported etc. you may need to retain your App maintenance team for more hours than just 160 on month on month basis. 1. What is covered in the Scope of App Support & Maintenance? The App is needed to be regularly updated largely for its following parts and components: iOS App and Android Apps whether built in native or cross platform tech. Web Parts/ Web App (Front end, backend, Web replica of mobile apps). Native APIs and Third-party APIs. Database, Design files. Any new feature development utilizing during the maintenance. Upkeep and updates of beyond-the-app-technology and assets like App Install Ad creatives, beyond the App user onboarding (like through QR code or through an integrated partner’s app or site), Marketing automation, analytics, integration with external Apps and so on. 2. Activities that we perform for App Support & Maintenance Following are the high level tasks that are performed to regularly upkeep and update your App: 1. Complete QA Testing by a dedicated QA Engineer and Business Analyst to figure out all possible Bugs — mostly a one time effort for every major release. 2. Fixing of Bugs are Reported by the client + Bugs as reported by our Testing Team across iOS, Android, Backend, Web or anywhere else. 3. Updating the App and its underlying Technology Whenever there is a soft or major OS update from Apple or Google. 4. Updating Apps to be compatible with all latest releases of all third Party APIs being used in the App and in the backend. 5. Regular App Performance optimization for a high performing App 6. Periodical App Code clean up as a regular practice and Code repository Maintenance. 7. Regular Documentation, Creating App’s SDKs and APIs 8. Regular Store upload, putting web parts on live server, coordinating with App stores on behalf of the client. 9. Server Maintenance corresponding to the cloud provider’s infrastructure and features 10. Managing, Recording, and Sharing the Timesheet with the client 3. App Maintenance Plans and Pricing from Agicent We’ve kept it very simple, you retain us for X number of hours a month for App maintenance and pay the fee. Obviously, the more hours you retain us for the better will be the pricing. We always ask our clients to start with the lowest plan and then we jointly analyze in 3 months if 160 hours are enough to handle the App support demands and if not then only we ask you to increase the plan with justification. 4. Skills and Engineers needed for App Maintenance Process If your App runs on both iOS and Android and also has a web front end along with a backend, then you need following skilled Engineers to perform App maintenance: – Native or Cross Platform iOS/ Android Developers. Native would include Swift/ Xcode developer for iOS; Kotlin/ Java and Studio Developer for Android. Cross platform skills would be React native, Flutter or Ionic. – Backend Developers The skills can be node.js, mongoDB, ExpressJS or MERN Stack or Laravel/ PHP, or .NET or Java (Depending upon the tech stack being used at your backend). – Web Front End Developer If you have a landing page website or a complete App’s replica on the web then you may need web front end developers experts in HTML, JS, React JS or Angular or PHP/ Laravel or ASP.NET (Depending upon the tech stack being used at the website end). – Professional App Tester who knows both manual and automation testing. – UI/ UX Designer knowing Figma, Photoshop, Adobe design suite. – Business Analyst and Project Coordinator The one who will be internal project stakeholder at Agicent, will be your single point of contact, will coordinate between you and development and will also do all activities related to business analysis. 5. Factors to consider to find out how much does it cost to maintain an App? Although we have made easier and straight forward for you to do app maintenance by offering hourly maintenance plans, but there still can be some factors that can raise or bring down the cost of App maintenance as follows: The complexity of the application The basic factor that contributes to the maintenance cost of the application in 2023 is the complexity of the application. Everyone wants to have advanced apps with more and more features, screens, and much more. But keep in mind that if you are adding these it will further raise your maintenance costs to the greatest extent. Adding more to it, the maintenance costs will also rise with the involvement of higher technology or framework for its development. Hybrid Applications The smartphones available in the market depend upon different operating systems. Everyone loves to have the one that they prefer the most. Android and iOS platforms are the two leading operating systems that the majority of users prefer to have on. Do you know what is the basic factor that lies behind the success of an application well its usage? The majority of the time developers prefer to create hybrid applications that can work effectively on both Android and iOS operating systems. But if you have created such, just keep in mind that the maintenance costs are also going to be quite higher than that of the maintenance costs of the same application for both of the platforms. Third-Party Integrations The integration of third-party sources also adds up in raising the overall maintenance cost of an application. More will be your app linked closely with the different external sources such as payment platforms, social media services, higher will be the overall maintenance cost of your app. Let’s make it simpler for you, the maintenance cost of a simple photo editing app is usually quite lower than that of the news app. App Development Team Location The maintenance cost of an application also differs a lot as per the location. You may need to pay the maintenance cost of about $50–150 per hour in the USA but it may somewhere lie in between $25–60 per hour in Eastern and Central Europe. Whereas if we talk about the maintenance cost of the application in India it is quite low and you can easily accomplish it by paying $10–30 per hour. 6. Few things that you can do to make sure less maintenance overhead: – Build your app well architected right from the start – Take care of the scalability – have a professional Development Team – Check your analytics 7. Benefits of App Maintenance Process – High performing App, every single day – Scalability – Security – Higher user engagement and better Marketing – Better integration, exploit third party services to the maximum Conclusion of App Development Cost and Process Application development and maintenance is a never-ending process. Right from adding updates to resolving issues, there are a lot more things that go on side by side throughout. The expenses on an app do not end with its creation, they kind of keep on but for only the good. Source: https://www.agicent.com/blog/how-much-does-it-cost-to-maintain-an-app/

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The global offshore helicopter services market size was valued at USD 2.89 billion in 2022. The market is projected to grow from USD 2.98 billion in 2023 to USD 4.47 Billion by 2030, exhibiting a CAGR of 6.0%. Offshore helicopter services are responsible for the smooth functioning of offshore operations. Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/offshore-helicopter-services-market-102534 As they are responsible for carrying cargo, passengers, equipment, and a wide range of activities that include pre-flight checks, planning, and others they are anticipated to propel the growth of the market globally during the forecast period. Fortune Business Insights presents this information in their report titled "Global Offshore Helicopter Services Market, 2023–2030." List of Key Players Profiled in the Market Report: Bristow Group Inc. (U.S.) Petroleum Helicopters International Inc. (U.S.) CHC Helicopter Group (U.S.) Omni Helicopters International (OHI) SA (Portugal) NHV Group (Belgium) Abu Dhabi Aviation Co. (UAE) Gulf International Services QPSC (UAE) Erickson Incorporated (U.S.) CITIC Offshore Helicopter Co. Ltd. (China) Cougar Helicopters (Canada) Segments: Medium Weight Helicopters Dominate the Market due to their Versatility The market is segmented into light, medium, and heavy based on type. In 2022, the medium weight segment dominated the market. They are highly used in firefighting, law enforcement, search and rescue operations and others. Rising Cost of Emergency Services to Increase Market Share Based on application, the market is divided into inspection, monitoring and surveying, passenger transport, goods transport, search and rescue, and others. Owing to the high price of emergency services, the search and rescue segment is anticipated to dominate the market during the forecast period. Increased Demand for Helicopter Services for Transportation to Progress Market The market is divided into oil and gas industry, offshore wind industry and others. Globally the offshore industry is expanding and is anticipated to grow significantly during the forecast period. Increased demand for helicopter services for transporting crew and cargo is affiliated to the dominance of the oil and gas industry segment in the base year. Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Report Coverage: The report offers: Major growth drivers, restraining factors, opportunities, and potential challenges for the market. Comprehensive insights into the regional developments. List of major industry players. Key strategies adopted by the market players. Latest industry developments include product launches, partnerships, mergers, and acquisitions. Drivers & Restraints: Reliability and Efficiency of Helicopters to Escalate Market Helicopters are favoured over other aerial vehicles as they can operate in harsh weather conditions and can travel to distant locations. Exploration and offshore production activities require sustainable and dependable transportation services to carry cargo and crew. These requirements make helicopters a preferred choice and are likely to increase the offshore helicopter services market share. However, high operating costs and safety concerns are likely to hamper the offshore helicopter services market growth. Regional Insights North America Dominates the Market due to High Demand for Offshore Development Activity North America was valued at USD 0.97 billion in 2022 and dominated the market in the same year. Rising demand for deep-water offshore development activity and presence of significant offshore oil and gas rigs are factors driving the region’s market growth. Europe was the second leading region in 2022 owing to high investments by numerous countries in Search and Rescue (SAR) Operations to develop their response skills.

The global eVTOL aircraft market size was estimated to be worth USD 1.11 billion in 2020. The market value is expected to increase from USD 5.41 billion in 2023 to USD 23.21 billion in 2028 at a CAGR of 23.13% during 2023-2028. Growing urbanization, increasing traffic congestion, and the need for smarter transportation solutions are some of the major factors propelling the market forward. Fortune Business Insights presents this information in its report titled “EVTOL Aircraft Market, 2023-2028." Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/evtol-aircraft-market-106298 Electric vertical take-off and landing aircraft are increasingly gaining traction across the globe. This technology represents the next generation of transportation solutions that are safer, quieter, and cleaner. Such aircraft work on electric propulsion, making them a sustainable option compared to conventional air carriers. The demand for this technology will increase significantly in the next few years, powered by increasing demand for urban air mobility, growing awareness regarding carbon footprint, and the need to cut aircraft operating costs. COVID-19 Impact: Diminished Aviation Operations to Impact Developments in eVTOL Technology The aviation sector suffered significant disruption during the COVID-19 pandemic. Supply chain disruptions, workforce shortages, and stricter protocols caused a major slowdown in the development and testing of eVTOL technology. Numerous R&D projects were also affected amid the pandemic. These factors have affected the aircraft market growth during the COVID-19 pandemic. However, investments in the eVTOL space remained strong in several regions. Data provider Pitchbook reports that North America and Europe invested USD 1.3 billion in air mobility firms despite COVID-19 disruptions in 2020. With the gradual recovery of the aviation sector, the market will start to gain momentum in the forthcoming years. List of Key Players Profiled in the EVTOL Aircraft Market Report: Kitty Hawk (U.S.) Lilium (Germany) Ehang (China) Volocopter (Germany) Bell Textron Inc. (U.S.) Airbus S.A.S (Netherlands) Beta Technologies (U.S.) Joby Aviation (U.S.) Urban Aeronautics Ltd. (Israel) Market Segments: Based on lift technology, the market is divided into vectored thrust lift plus cruise multirotor By mode of operation, the market is segmented into Autonomous semi-autonomous Piloted. In terms of range, the market is bifurcated into 0-200 km 200-500 km On the basis of maximum take-off weight (MTOW), the market is classified into <250 kg 250-500 kg 500-1500 Kg >1500 kg By propulsion type, the market is split into Battery-electric hydrogen-electric hybrid-electric In terms of application, the market is broken down into Commercial Military emergency medical service Geographically, the market is segmented into North America Asia Pacific Europe rest of the world Drivers & Restraints: Need for Smarter & More Sustainable Transportation to Augment the Product Adoption With growing urbanization, traffic congestion is emerging as a major concern. In addition, the rising amount of air pollution is giving rise to the need for smarter and more sustainable transportation solutions. The growing concept of urban air mobility solutions, such as air taxis, is anticipated to create favorable opportunities for eVTOL aircraft companies. Major aircraft makers, such as Airbus SE, Boeing Company, and Bell Helicopter, are accelerating ongoing eVTOL development programs. Automotive giants are also entering the space which will further heat up the market competition. In January 2020, Toyota invested USD 400 million in eVTOL startup Joby Automation. Despite constant developments in the market, grow could be affected due to the lack of suitable infrastructure and strict regulations enforced by aviation agencies.