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The high-end data based capabilities of LTE technology comprise one of the major growth drivers of the global public safety LTE market. Almost all the major telecom network operators are signing up for LTE technology in their respective service networks. However, omnipresent Professional Mobile Radio (PMR) technologies could pose a serious challenge to the future growth of this market. That is because PMR technologies for public safety have always enjoyed a rather strong presence in the public safety industry. These are used extensively in different parts of the world and find applications in different domains ranging from police services to ports.

The global OSS BSS market is expected to grow at a CAGR of 16.39% over 2012 to 2016. One of the key factors contributing to this market growth is the growing customer base. The global OSS BSS market has also been witnessing a shift from multiple platforms to a common platform. However, the short life cycle of the product could pose challenges to market growth.

One of the main drivers propelling the growth of the market for drugs used to treat patients with Parkinson's disease is the steadily growing aging population worldwide. This is because the number of patients suffering from Parkinson's disease is increasing owing to the rise in aging population both in the developing as well as developed nations. One of the major challenges to market growth is the weak pipeline landscape. Most products in the pipeline lack molecules that can potentially achieve blockbuster status in the near future.

Clients are increasingly making outsourcing teams feel as if they are key stakeholders. Therefore, outsourcing companies are looking at third-party employees with a view to establishing a long-term relationship and are ready to invest in them in terms of education, training and team-building activities. One of the major inhibitors of growth is the shortage of skilled resources in the global outsourced software testing services market. The market is highly dependent on the availability of the necessary testing professionals with appropriate skills. With increased demand for software testing services, the retaining and hiring of desired testing professionals is becoming a challenge for enterprises.

The global preventable vaccine market is projected to grow at a CAGR of 8.99% over 2012 to 2016. One of the key factors contributing to this market's growth is the increase in demand for vaccination. Along with this, there has also been a marked increase in market consolidation. However, the emergence of regional players could prove to be one of the major challenges to market growth.

Various governments across the globe have been supporting the implementation of smart grids across many end-user sectors. Funds are being raised to support the deployment of smart grids along with new technologies and solutions. This is also the main reason why smart grid managed services vendors across the globe are investing in such solutions.

The increased availability of wireless sensor networking technology in SCADA-based industrial control systems is one of the major emerging trends in the global process automation market. With this technology, the deployment of sensors in SCADA-based industrial control systems becomes easier as it provides wireless networking access.

The global commercial helicopter sector is expected to experience a growth of 3.08% growth during 2013 to 2023. The commercial helicopter market grows on the back of several sectors worldwide including offshore oil and gas exploration and production, HEMS, VIP transport, law enforcement and public safety etc. Emerging markets of Asia Pacific, Latin America and Middle East are expected to provide the necessary boost to the industry during 2013 to 2023.

India, Brazil, the Middle East, and China were projected to be the important emerging markets in the global power industry to offer growth in 2013. Market uncertainty, rising competition, regulatory changes, and responding to pricing pressure remained to be the leading business concerns for the global power industry in 2013. Price, level of service and delivery lead times is considered to be the most important factors for supplier selection in the global power industry. On the other hand, brand reputation, environmental records and CSR are considered the least important. Survey results showed that respondents from the global power industry identified Singapore, Taiwan, Hong Kong, the US, and Australia to offer the highest growth potential among developed countries during 2013 and 2014.

Rising competition, retention or recruitment of skilled staff, market uncertainty, and responding to pricing pressure were the leading business concerns for the global oil and gas industry in 2013. Middle East, Brazil, India, China and Indonesia were forecasted to be the important emerging markets to offer growth in 2013. Capital expenditure towards facility expansion, machinery and equipment purchase and new product development was estimated to increase in 2013. The top three priorities for global oil and gas industry upstream oil and gas companies in 2013 were to expand in current market, improve operational efficiency and focus on sustainability.

The South Korean pharmaceutical industry is highly fragmented, with almost all the domestic pharmaceutical companies having a strong portfolio of generic products rather than expensive, branded drugs. An increase in insurance coverage, an ageing population and favorable government initiatives are expected to drive future growth in the pharmaceutical industry in South Korea. Improved intellectual property rights, changing demographics and government support have contributed towards making the South Korean pharmaceutical industry attractive for MNCs.

Novel approaches to treat infection is growing as the need is urgent. Misuse or overuse of antibiotics accelerated Anti-Microbial Resistance (AMR) and has resulted in the emergence of super bugs which are posing life threatening challenges worldwide. Novel approaches are immediately required to combat these super infections warranting need for new classes of antibiotics and other preventive/therapeutic approaches.

The Global Data Center Construction market to grow at a CAGR of 15.78 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing demand for colocation services. The Global Data Center Construction market has also been witnessing the use of alternative energy sources. However, the unstable economic conditions could pose a challenge to the growth of this market.

The global vitamin D testing market is expected to grow at a CAGR of 32.36% over 2013 to 2018. One of the key factors contributing to this market growth is the increase in aging and chronically ill populations worldwide. This market has also been witnessing the increase in product approvals.

The global touchless sensing equipment market is anticipated to grow at a CAGR of 32.2% over 2012 to 2016. The global touchless sensing equipment market has also been witnessing rapid technological advancement. However, touchless sensing equipment is not 100% accurate which could pose a challenge to the growth of this market. Growing need for high-level security in the government sector is set to drive the global touchless sensing equipment market.