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Analysis

750,000+ Celebrate the Future of the Mobility Industry at 2019 NAIAS

Vlad Poptamas

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NAIAS
Reading Time: 4 minutes

 

The North American International Auto Show (NAIAS) wrapped up a 16-day peek behind the curtain of the latest mobility innovations, including industry-shaping announcements and global reveals, all while welcoming hundreds of thousands of people from around the world to experience what the new product and technology buzz was all about.

The show wrapped up tonight with a strong finish of 100,757 attendees, bringing total ticketed attendance for 2019 NAIAS to 774,179. David Sowerby, CFA, Managing Director, Portfolio Manager, Ancora, reports the 2019 show has an estimated economic impact of $430 million to the regional economy. Sowerby notes that the impact of the entire show is equivalent to holding nearly two NFL Super Bowls a year in Detroit.

“Detroit displayed every facet of the mobility industry over the past two weeks, welcoming visitors from across the globe,” said 2019 NAIAS Chairman Bill Golling. “From startups showcasing their innovative technologies to executive discussions on a driverless future to industry giants standing on the world stage revealing brand-defining products and technologies, NAIAS was an incredible platform for one of the most exciting times in the history of our industry.”

NAIAS – often considered six shows in one – opened with The Gallery, marking its 13th year and attracting over 500 attendees, The Gallery featured a $10 million collection of some of the most exclusive automobiles in the world.

NAIAS Press Preview and AutoMobili-D featured a keynote by Volvo Car USA CEO, Anders Gustafsson, who discussed the role subscription plays in future mobility and the opportunities it brings to the experience. Bill Ford also headlined “The Final Word” on the closing day of AutoMobili-D with Detroit News columnist Daniel Howes.

AutoMobili-D expanded with a 46 percent increase in exhibitors from around the world. The mobility showcase featured nearly 215 different brands with 65 startups, in addition to global automakers, suppliers, universities and government organizations. A powerful A-list, including some of the best minds from top universities such as Kettering University and Michigan State University, participated in AutoMobili-D symposiums and panel discussions.

The Michigan Economic Development Corporation (MEDC) brought unparalleled opportunities in the mobility sector back for the second year through matchmaking business development meetings and the Future Automotive Career Exposition (FACE) for AutoMobili-D exhibitors. Match Meetings forge new business and industry connections – which was a first-ever for an auto show in 2018. In addition, FACE connected thousands of people interested in working in all aspects of the mobility industry with AutoMobili-D exhibiting companies.

“The biggest testament to the fact that the mobility industry is being redefined here in Detroit is best illustrated by the thousands of media that travel from across the globe to the Motor City so they can report on the industry-leading news being delivered by top executives at our show,” said NAIAS Executive Director Rod Alberts.

Alberts reported the 2019 NAIAS drew over 4,568 journalists from 60 countries. Media in attendance saw 44 vehicles revealed in total, 31 being world debuts.

Following Press Preview, 35,185 automotive and mobility experts and innovators from nearly 2,000 companies and 26 countries engaged in emerging mobility technologies and trends at Industry Preview. AutoMobili-D symposiums continued through Industry Preview, helping set the framework for product benchmarking and technology immersion. NAIAS is the only show in North America with dedicated “industry” days.

While new products and technologies took center stage during Press Preview and Industry Preview, the heart of the Motor City was on display for the world to see at Charity Preview. Four million dollars was raised for children’s charities in Detroit. In all, 10,000+ people attended the black-tie gala, recognized as the largest annual single-night fundraiser in the world.

Charity Preview has raised over $121 million for southeastern Michigan children’s charities since the Detroit Auto Dealers Association established the gala 42 years ago.

The momentum that began during preview week continued throughout the Public Show generating large crowds at Cobo Center each day. The 700-plus vehicles on display under one roof and the many interactive displays served as a magnet for auto show visitors.

2019 NAIAS Highlights

The Gallery

  • The Gallery, hosted at MGM Grand, displayed nearly $10 million of the most acclaimed automobiles in the world, including the North American debut of the 2019 Rolls-Royce Cullinan

AutoMobili-D

  • A 150,000 square feet exposition of the latest technology available to the industry
  • 46 percent increase in exhibitor participation from around the world
  • 65+ Startups participated
  • More than 200 different brands in addition to global organizations, all showcasing and discussing future mobility platforms
  • Four days of mobility-themed content – topics ranging from suppliers driving mobility technology, V2I connectivity, urban mobility, smart cities, building a mobility workforce, riding sharing, mobility subscriptions, ride sharing, cyber security and autonomous technologies

Press Preview

  • 4,568 journalists from 60 different countries
  • 44 vehicles revealed in total, 31 making their world debut

Industry Preview

  • Only show in North America with dedicated “industry” days.
  • Attracted 35,185 auto and tech industry executives, designers, developers and analysts from 1,679 companies and 26 countries.

Charity Preview

  • 10,072 people attended the world’s largest annual single-night fundraiser, generating $4,028,800 million for children’s charities in Detroit.
  • More than $121 million raised since 1976 when the Detroit Auto Dealers Association established Charity Preview.
  • Special performance by Your Generation in Concert

Total Ticketed Attendance

  • 774,179

Economic Impact

  • Estimated economic impact of $430 million to the regional economy (per David Sowerby, CFA, Managing Director, Portfolio Manager, Ancora)
  • Equivalent to nearly two Super Bowls every year in Detroit

 

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Analysis

SIEM Vendors Expand Growth Opportunities by Incorporating Technologies Enabling Predictive Functions

Vlad Poptamas

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Reading Time: 2 minutes

 

Security Information and Event Management (SIEM) vendors have begun to inject greater versatility into their platforms as well as incorporate new security functionalities and analyst-friendly dashboards. Also, managed SIEM providers are offering cloud-hosted SIEM solutions to lower the per customer cost-to-serve to penetrate the SMB market.

These advances will drive the $1.98 billion global SIEM market toward $3.23 billion by 2023. “SIEM 3.0, with its high degree of automated response and remediation, can detect malicious threats attempting to penetrate the environment and automatically perform actions to thwart attackers’ advances,” said Mauricio Chede, Senior Industry Analyst, Digital Transformation. “The integration of several functionalities, such as user & entity behavior analytics (UEBA), security operation and automation response (SOAR), and forensic analysis, is essential to effectively compete in the SIEM market.”

Frost & Sullivan’s recent analysis, Security Information and Event Management (SIEM)—Global Market Analysis, Forecast to 2023, examines the market drivers, restraints, and market distribution channels of the SIEM market. It presents revenue forecasts and key findings to help participants make the most of the market potential. The study covers the four product types of physical appliancevirtual appliance, software, and Software-as-a-Service (SaaS).

For further information on this analysis, please visit: http://frost.ly/3cf

“SIEM vendors are currently focusing on enhancing incident detection and response (IDR) by employing machine learning to diminish the high rates of false positives generated by SIEM tools,” noted Chede. “They are also aiming to provide SIEM integration with external threat intelligence and forensic capabilities.”

In 2018, North America accounted for 65% of the SIEM market; EMEA, 20% percent; APAC, 12%; and Latin America, 4%. Growth opportunities will materialize by:

  • Automating the platform to increase the reliability of alert analysis and improve security analyst productivity.
  • Employing the cloud for multi-tenancy and distributed administrative functions.
  • Building a data lake to receive the logs from other security tools and then correlating and analyzing them to block advanced or unknown attacks with less human intervention.
  • Ensuring compliance with global and local data protection regulations.
  • Equipping channel partners with an effective go-to-market strategy so they can transform their sales motion from selling product to solving business problems.

Security Information and Event Management (SIEM)—Global Market Analysis, Forecast to 2023 is part of Frost & Sullivan’s global Cybersecurity Growth Partnership Service program.

 

SOURCE Frost & Sullivan

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Analysis

Global Vegan Cheese Markets 2019-2023 – Growing Awareness of Lactose-Intolerant Conditions is Driving the Market

Betty Tűndik

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Photo by Beverly Buckley - edited by Picante.today
Reading Time: 2 minutes

 

The “Global Vegan Cheese Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The analysts have predicted that the vegan cheese market will register a CAGR of nearly 8% by 2023.

The growing awareness of lactose-intolerant conditions is the key factors driving the global vegan cheese market growth. The sales of dairy products have been adversely affected by the increasing incidences of lactose intolerance across the globe. Therefore, consumers are buying dairy alternative products such as almond milk, vegan cheese, and vegan margarine. This will increase the sales of vegan cheese and is expected to fuel the growth of the global vegan cheese market during the forecast period.

Market Overview

An increasing number of organized retailing outlets worldwide

One of the growth drivers of the global vegan cheese market is the increasing number of organized retailing outlets. Supermarkets make fresh and ready-to-consume packaged vegan food and beverages such as plant-based milk alternatives and vegan cheese easily accessible to consumers.

High price and limited awareness

One of the challenges in the growth of the market is the high price of vegan cheese compared to conventional dairy cheese. In addition, the awareness among consumer for vegan cheese is limited, especially in the European market. Such factors will hamper the vegan cheese market growth during the forecast period.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. The vendors in the market are expanding their distribution channels, which will improve the sales for the market. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Topics Covered: 

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: CUSTOMER LANDSCAPE

PART 07: GEOGRAPHIC LANDSCAPE

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 08: MARKET SEGMENTATION BY SOURCE

  • Market segmentation by source
  • Comparison by source
  • Soy milk – Market size and forecast 2018-2023
  • Almond milk – Market size and forecast 2018-2023
  • Rice milk – Market size and forecast 2018-2023
  • Other milk alternatives – Market size and forecast 2018-2023
  • Market opportunity by source

PART 09: MARKET SEGMENTATION BY VARIANT

  • Market segmentation by variant

PART 10: CUSTOMER LANDSCAPE

PART 11: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Key leading countries
  • Market opportunity

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Increasing number of new product launches
  • Rising investments in vegan cheese sector
  • Rising focus on strengthening supply chain and expansion of production capacities

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bute Island Foods Ltd
  • Market segmentation by variant
  • GreenSpace Brands
  • Otsuka Holdings Co., Ltd.
  • Violife

PART 16: APPENDIX

SOURCE: Research and Markets

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Analysis

Semtech and PS Business Parks Set to Join S&P MidCap 400; Century Communities and Boot Barn Holdings to Join S&P SmallCap 600

Vlad Poptamas

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Reading Time: 2 minutes

 

S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, April 11:

  • S&P SmallCap 600 constituent Semtech Corp. (NASD: SMTC) will replace ARRIS International plc (NASD: ARRS) in the S&P MidCap 400, and Century Communities Inc. (NYSE: CCS) will replace Semtech in the S&P SmallCap 600. CommScope Holding Company Inc. (NASD: COMM) is acquiring ARRIS International in a deal that was completed today.
  • S&P SmallCap 600 constituent PS Business Parks Inc. (NYSE: PSB) will replace Rowan Companies plc (NYSE: RDC) in the S&P MidCap 400, and Boot Barn Holdings Inc. (NYSE: BOOT) will replace PS Business Parks in the S&P SmallCap 600. S&P MidCap 400 constituent Ensco plc (NYSE: ESV) is acquiring Rowan Companies in a transaction expected to be completed on or about April 11 pending final approvals. Post-merger, Ensco will change its name to Ensco Rowan plc and will remain in the S&P MidCap 400.

Semtech designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. Headquartered in Camarillo, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Semiconductors Sub-Industry index.

Century Communities engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. Headquartered in Greenwood Village, CO, the company will be added to the S&P SmallCap 600 GICS Homebuilding Sub-Industry index.

PS Business Parks, a real estate investment trust (REIT), acquires, develops, owns and operates commercial properties. Headquartered in Glendale, CA, the company will be added to the S&P MidCap 400 GICS Diversified REIT’s Sub-Industry index.

Boot Barn Holdings operates specialty retail stores. Headquartered in Irvine, CA, the company will be added to the S&P SmallCap 600 GICS Apparel Retail Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – April 11, 2019

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Semtech

Information Technology

Semiconductors

PS Business 
Parks

Real Estate

Diversified REITs

DELETED

ARRIS 
International

Information Technology

Communications 
Equipment

Rowan 
Companies

Energy

Oil & Gas Drilling

S&P SMALLCAP 600 INDEX – April 11, 2019

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Century 
Communities

Consumer Discretionary

Homebuilding

Boot Barn 
Holdings

Consumer Discretionary

Apparel Retail

DELETED

Semtech

Information Technology

Semiconductors

PS Business 
Parks

Real Estate

Diversified REIT’s

For more information about S&P Dow Jones Indices, please visit www.spdji.com.

 

SOURCE S&P Dow Jones Indices

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