Cyber Security Market is Expected to Enhance $372.04 Billion Revenue By 2028: Grand View Research Inc.

 

Cyber Security Market Growth & Trends

The global cyber security market size is expected to reach USD 372.04 billion by 2028, registering a CAGR of 10.9% over the forecast period, according to a new report by Grand View Research, Inc. An increase in the number and intensity of data breaches across enterprise networks is driving the adoption of cyber security solutions and services globally. Developments in the field of digital applications and cloud-based solutions are driving the volume of cyber threat vectors and vulnerabilities. Thus, continued cyber threats and cyber-attacks are leading to a rise in sustained investment into security services and advanced solutions driving the market.

Add-ons and upgrades in the existing solutions with new features are creating avenues for threat vulnerabilities. Cyber threat actors aim to infiltrate and access unauthorized information from such vulnerabilities. To combat such threat activities, enterprises and governments across countries are implementing and timely updating their cyber security development strategies. These development strategies are inclined toward upgrading the existing security infrastructures, improving awareness, and establishing a cyber-defense workforce. For instance, in 2020, the Malaysian government introduced the Malaysian Cyber Security Strategy and allocated around USD 0.44 billion (RM 1.8 billion) for national cyber security preparedness.

The strategy comprised five pillars consisting of 113 programs, 35 action plans, and 12 strategies. The continued rise in electronification across several industries/sectors is exponentially increasing data breach risks. Market players, such as financial service providers, retailers, and telecom vendors, are relying extensively on digital channels and technologies. This, in turn, increases exposure to risks, and a cyber attack can have a multi-fold negative impact on the financial and operational aspects of an organization. The scenario has increased the emphasis on data protection and securing critical IT infrastructures.

Furthermore, growing stringency in regulations for data privacy and safety is compelling organizations to create an additional layer in the security framework, driving the market growth. The market in Asia Pacific is anticipated to register the fastest CAGR over the forecast period. The growing instances of cybercrimes in Asian countries over the years and the increasing adoption of advanced technologies and mobile endpoints across businesses are driving the regional market. Disruption in technologies is increasing the market fragmentation and competition among market players. Leading players focus on product updates, new product launches, and strategic initiatives, such as mergers & acquisitions, to enhance their market position.

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Cyber Security Market Report Highlights

• The need to develop a cyber defense framework and safeguard the evolving IT infrastructure from targeted ransomware, vulnerabilities in applications, phishing attacks, and malware is compelling enterprises to adopt cyber security solutions, thereby, driving the market growth
• The increased risk of data breaches across networking systems in critical infrastructures is compelling enterprises to adopt hardware solutions, such as encrypted drives and intrusion detection systems
• These solutions help enterprises safeguard the outgoing and incoming network traffic on IP addresses
• The growing usage of mobile devices, coupled with the implementation of Bring-Your-Own-Device (BYOD) concepts across businesses, is driving the adoption of endpoint security solutions & services to defend against fraudulent email activities, ransomware, and malware
• In terms of deployment, the cloud-based segment is expected to register the fastest CAGR over the forecast period. This can be attributed to its low-cost infrastructure maintenance and flexibility in data sharing across devices and remote places
• The large enterprise segment held the maximum revenue share in 2020 due to the increased spending on security solutions and services by large-scale organizations
• The demand for security solutions and services among healthcare institutions is expected to register a significant CAGR over the forecast period owing to the proliferation of digital applications and stringency in data protection standards and laws

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Cyber Security Market Segmentation

Grand View Research has segmented the global cyber security market on the basis of component, solution, services, security type, deployment, organization, application, and region:

Cyber Security Component Outlook (Revenue, USD Billion, 2016 - 2028)

• Hardware
• Software
• Services

Cyber Security Solution Outlook (Revenue, USD Billion, 2016 - 2028)

• UTM
• IDS/IPS
• DLP
• IAM
• SIEM
• DDoS
• Risk & Compliance
• Others

Cyber Security Services Outlook (Revenue, USD Billion, 2016 - 2028)

• Professional Services
• Managed Services

Cyber Security Type Outlook (Revenue, USD Billion, 2016 - 2028)

• Endpoint
• Cloud
• Network
• Application
• Infrastructure Protection
• Data
• Others

Cyber Security Deployment Outlook (Revenue, USD Billion, 2016 - 2028)

• Cloud-based
• On-premise

Cyber Security Organization Outlook (Revenue, USD Billion, 2016 - 2028)

• SMEs
• Large Enterprises

Cyber Security Application Outlook (Revenue, USD Billion, 2016 - 2028)

• IT & Telecom
• Retail
• BFSI
• Healthcare
• Defense/Government
• Manufacturing
• Energy
• Others

Cyber Security Regional Outlook (Revenue, USD Billion, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)

List of Key Players of Cyber Security Market

• Broadcom (Symantec Corp.)
• Check Point Software Technology Ltd.
• Cisco Systems, Inc.
• IBM
• McAfee, LLC
• Palo Alto Networks, Inc.
• Trend Micro, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Digital Twin Market Precise Analysis on Business Overview, Product Scope And Ongoing Development by – 2028

 

Digital Twin Market Growth & Trends

The global digital twin market size is anticipated to reach USD 86.09 billion by 2028, according to a new study by Grand View Research Inc. It is projected to register a CAGR of 42.7% from 2021 to 2028. The spread of COVID-19 has expedited the adoption of digital twins in specific end-use industries. To work at minimum labor count with social distancing norms, end-user industries such as healthcare, agriculture, and government offices, have implemented digital twin technologies across several countries. Thus, the pandemic has resulted in providing impetus to digital twin adoption to be better prepared for any such crises in the future.

The use of a replica of an equipment or system helps improve the system’s productivity, optimize resource consumption, and ensure that the product handling is kept at a minimum, helping large organizations improve quality and productivity. Additionally, the use of digital twins also supports new business models and offers opportunities for SMBs to expand and include technological capabilities in their organizations. Owing to the benefits of a digital twin to large and small firms alike, their demand is anticipated to expand at a healthy CAGR over the next seven years.

The growing popularity of Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT), coupled with the continued automation in various industries, such as automotive, defense and aerospace, and healthcare, is prompting the manufacturers to implement digital twins in their manufacturing processes to enhance their productivity and reduce the time-to-market. Furthermore, end-use industries are increasingly demanding digital twin portfolios capable of addressing specific requirements, and the leading market players are responding to this growing demand by offering different digital twin solutions tailored for specific end-use industries. Individualized digital twins are prompting end-users to adopt digital twins across their value chain, thereby driving the market growth.

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Digital Twin Market Report Highlights

• Owing to the increasing adoption of digital twin platforms across the supply chain of automotive production and selling, especially post COVID-19 pandemic, the automotive and transport segment is projected to expand at a CAGR of more than 50% over the forecast period
• Europe accounted for more than 30% of the overall market in 2020. This is attributable to the high penetration of IoT in the region, especially in Western Europe
• Key players in the market are adopting inorganic strategies to kill competition and acquire a larger market share. For instance, in January 2019, Hexagon AB announced the acquisition of j5 International, a software developer of operations management software. The acquisition would help in enhancing the company’s HxGN SDx portfolio used to create and manage digital twin

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Digital Twin Market Segmentation

Grand View Research has segmented the global digital twin market based on end-use and region:

Digital Twin End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Manufacturing
• Agriculture
• Automotive & Transport
• Energy & Utilities
• Healthcare & Life Sciences
• Residential & Commercial
• Retail & Consumer Goods
• Others

Digital Twin Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • India
  • China
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)

List of Key Players of Digital Twin Market

• ABB
• AVEVA Group plc
• Dassault Systemes
• General Electric
• Hexagon AB
• IBM Corporation
• SAP

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Customer Experience Management Market to Observe Strong Development by 2028

 Customer Experience Management Market Growth & Trends

The global customer experience management market size is expected to reach USD 27.12 billion by 2028, registering a CAGR of 17.5% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increasing importance of understanding consumer behavior and their preferences is driving various organizations and brands to adopt customer experience strategies for providing the best service performance in real-time. Moreover, the growing use of digital channels by consumers to communicate with brands and organizations is expected to boost market growth over the coming years. Furthermore, the companies can become better differentiators by implementing customer experience management (CEM) solutions, which are perceived to be significant in the current competitive environment.

The rising demand from buyers for a personalized experience across various industries is a significant trend escalating the market growth. Customer experience management signifies evolving sets of technologies and practices to make a constant transformation within organizations to meet and go beyond consumer expectations. Business organizations have recognized the importance of CEM as it supports them in strengthening their brand presence, increasing consumer loyalty, reducing consumer churn, and increasing business revenue.

Technological advancement is transforming the way a buyer interacts with and reacts to the brands across various channels. Currently, consumers use numerous devices to understand, evaluate, and finalize products. The digital technology disruption has helped consumers to demand a smooth experience while interacting with companies across multiple touchpoints or channels. Owing to the evolution in buyer expectations, organizations are progressively involved in restructuring their CEM strategies to successfully position and reposition their brands and products while retaining buyers as their strategic focus.

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Customer Experience Management Market Report Highlights

• Speech analytics is estimated to record the fastest CAGR from 2021 to 2028 due to its rising popularity as a result of the increasing number of voice-enabled searches and contact centers
• Moreover, speech analytics enables enterprises to identify the areas of trends, opportunities, and concerns through calls
• The mobile touch point type segment is anticipated to register the fastest CAGR over the forecast period due to the increased use of smartphones, which is encouraging enterprises to develop mobile marketing strategies
• The BFSI segment is expected to register the highest CAGR over the forecast period as CEM solutions enable BFSI enterprises to maintain their quality standards and reduce internal inefficiencies
• The cloud-based deployment segment is estimated to attain a significant market size, in terms of revenue, by 2028 as cloud technology offers the benefit of low-cost integration of a CEM system within the existing business environment
• The Asia Pacific regional market is anticipated to register the highest CAGR over the forecast period due to the presence of call centers, increasing trend of social media marketing, and the growing emphasis on CEM and buyer satisfaction across industries and sectors

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Customer Experience Management Market Segmentation

Grand View Research has segmented the global customer experience management market based on analytical tools, touch point type, deployment, end-use, and region:

CEM Analytical Tools Outlook (Revenue, USD Million, 2016 - 2028)

• EFM Software
• Speech Analytics
• Text Analytics
• Web Analytics & Content Management
• Others

CEM Touch Point Type Outlook (Revenue, USD Million, 2016 - 2028)

• Stores/Branches
• Call Centers
• Social Media Platform
• Email
• Mobile
• Web Services
• Others

CEM Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• Cloud
• On-premise

CEM End-use Outlook (Revenue, USD Million, 2016 - 2028)

• BFSI
• Retail
• Healthcare
• IT & Telecom
• Manufacturing
• Government, Energy & Utilities
• Construction, Real Estate & Property Management
• Service Business
• Others

CEM Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Players of Customer Experience Management (CEM) Market

• Adobe
• Avaya, Inc.
• Clarabridge
• Freshworks, Inc.
• Genesys
• International Business Machines Corporation
• Medallia, Inc.
• Open Text Corp.
• Oracle
• Qualtrics
• SAP SE
• SAS Institute, Inc.
• Service Management Group (SMG)
• Tech Mahindra Ltd.
• Verint
• Zendesk
• Miraway

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Patient-controlled Analgesic Pumps Market to Account for USD 580.5 Million by 2028: Grand View Research Inc.

 Patient-controlled Analgesic Pumps Market Growth & Trends

The global patient-controlled analgesic pumps market size is expected to reach USD 580.5 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.6% from 2021 to 2028. Patient-controlled Analgesic (PCA) pumps offer several advantages including fewer post-operative complications, improved quality of recovery, less sedation, and minimal use of medication. Also, PCA pumps are useful among patients that have a problem in taking oral medications. Thus, the rising adoption of the medical device among patients that are unable to take oral medications is expected to drive the market. In addition, the growing trend of home healthcare during the COVID-19 pandemic is also expected to propel market growth in the coming years.

Patient-controlled analgesic pumps have positive outcomes for the pediatric postsurgical population including increasing autonomy, simplifying pain relief in the postoperative period, and maintaining stable hemodynamics. Innovative PCA techniques such as PCRA, PCEA, and noninvasive forms of PCA have extended the options available for pain treatment and are estimated to have a positive impact on market growth. Advances in the pumps including variable-rate infusions that are calculated based on patient needs for analgesic along with improved patient monitoring are anticipated to enhance the use of such techniques during the forecast timeframe.

Rising cases of chronic pain disorders including cancer, rheumatoid arthritis, and fibromyalgia are anticipated to boost the market growth. For instance, as per the CDC, in 2019 around 20.4% of adults had chronic pain. Chronic pain increases with age and is highest among adults aged 65 and above. Hence, the rising occurrence of chronic pain among adults is anticipated to create robust growth opportunities in the market.

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Patient-controlled Analgesic Pumps Market Report Highlights

• North America accounted for the largest revenue share in 2020. Increased healthcare awareness among individuals about pain management is anticipated to fuel the regional growth
• By type, the electronic segment accounted for the largest revenue share in 2020 owing to several benefits offered by electronic PCA
• By application, the oncology segment accounted for the largest revenue share in 2020 owing to high usage of patient-controlled analgesic pumps in managing sustained cancer pain
• The hospitals segment held the largest revenue share as hospital settings provide advanced treatment facilities and are equipped with technologically advanced medical devices
• The home care settings segment is projected to expand at the fastest CAGR of 6.7% over the forecast period

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Patient-controlled Analgesic Pumps Market Segmentation

Grand View Research has segmented the global patient-controlled analgesic pumps market based on type, application, end-use, and region:

PCA Pump Type Outlook (Revenue, USD Million, 2016 - 2028)

• Electronic
• Mechanical

PCA Pump Application Outlook (Revenue, USD Million, 2016 - 2028)

• Diabetes
• Oncology
• Gastroenterology
• Hematology
• Others

PCA Pump End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
• Home Care Settings

PCA Pump Regional Outlook (Revenue, USD Million, 2016 - 2028) 

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

List of Key Players of Patient-controlled Analgesic (PCA) Pumps Market

• Baxter International Inc.
• Braun Melsungen AG
• Smiths Group plc
• Fresenius SE & Co. KGaA
• Becton, Dickinson and Company
• ICU Medical, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Disposable EEG Electrode Market Trends, Company Share, Industry Growth And Future Scope: Grand View Research Inc.

 Disposable EEG Electrode Market Growth & Trends

The global disposable EEG electrode market size is expected to reach USD 921.3 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.6% from 2021 to 2028. Increasing cases of HAIs, technological advancements, and rising prevalence of neurological disorders and Acute Ischemic Stroke (AIS) are the key driving factors for the market.

Stroke is the most common cause of death, followed by heart and cancer diseases worldwide. For instance, according to the WHO, in 2016, 15.2 million deaths of the 56.9 million deaths worldwide were due to stroke. Acute Ischemic Stroke (AIS) is the most common form of stroke, caused due to reduced blood supply to the brain, making brain cells die. For instance, according to U.S. CDC, 87.0% of strokes are classified as ischemic strokes, with the U.S. being the most commonly affected country. According to Southwestern Medical Center, about 795,000 people in the U.S. suffer from a stroke every year. Furthermore, according to National Center for Biotechnology Information (NCBI), strokes occur more commonly in women than men, especially in the elderly population (aged 55 to 65).

Moreover, according to the U.K. Stroke Association, more than 100,000 strokes occur in the U.K. every year. In every 2 seconds, someone in the world is likely to have a stroke. Stroke is the fourth biggest killer in the U.K., fourth in England and wales, and third in Scotland and Northern Ireland. Around 1 in 10 patients who have a hemorrhage stroke die before reaching a hospital. In addition, according to the U.K. Stroke Association, nearly 85.0% of all strokes are AIS and 15.0% are hemorrhage stroke. Disposable EEG electrodes can be used for the early-stage detection of the stroke. Thus, the increasing prevalence of AIS is expected to drive the market over the forecast period.

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Disposable EEG Electrode Market Report Highlights

• In terms of revenue, the disposable needle electrode segment held the largest revenue share in 2020. The rising cases of hospital acquired infections across the globe is the major factor propelling segment growth
• The diagnostic segment held the largest revenue share in 2020 and is expected to witness a considerable growth rate over the forecast period due to the increasing prevalence of neurological disorders
• The hospitals segment held the largest revenue share in 2020. The segment growth is majorly driven by the increasing number of hospitals
• In Asia Pacific, the market is expected to witness the fastest growth rate over the forecast period owing to the rising prevalence of chronic wounds in people living in the region

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Disposable EEG Electrode Market Segmentation

Grand View Research has segmented the global disposable EEG electrode market on the basis of product, application, end-use, and region:

Disposable EEG Electrode Product Outlook (Revenue, USD Million, 2016 - 2028)

• Needle Electrode
• Patch Electrode
• Cup Electrode
• Disk Electrode
• Others

Disposable EEG Electrode Application Outlook (Revenue, USD Million, 2016 - 2028)

• Diagnostic
• Therapeutic

Disposable EEG Electrode End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals
• Clinics
• Others

Disposable EEG Electrode Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • Japan
  • China
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia

List of Key Players of Disposable EEG Electrode Market

• Medtronic PLC
• Ambu A/S
• CONMED Corporation
• BIOPAC Systems Inc.
• Brain Scientific, Inc.
• Natus Medical Incorporated

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Healthcare Automatic Identification And Data Capture Market Key Players ,Industry Share ,Growth, And Forecast To 2028: Grand View Research Inc.

 Healthcare Automatic Identification And Data Capture Market Growth & Trends 

The global healthcare automatic identification and data capture market size is expected to reach USD 62.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 22.3% from 2021 to 2028. The growth is attributed majorly due to the increasing focus of pharmaceutical companies on optimizing the supply chain. For instance, in October 2020, Sandoz launched its first RFID-tagged critical injectable medicines in the U.S.

Furthermore, technological advancements by market players and favorable government policies pertaining to automatic identification and data capture (AIDC) solutions are expected to fuel the market demand in coming years. The National Health Authority of India issued new guidelines for the Ayushman Bharat scheme. These guidelines for to introduce biometric authentication at the time of admission and discharge of the patients. These types of initiatives are anticipated to propel market growth.

In recent years, RFID tools, which use wireless communication to identify and track equipment and assets, have seen strong adoption in healthcare settings. Upgrading of inventory management in pharmacies, hospitals, life and science companies, high demand for enhanced patient safety by healthcare providers, and implementation of automated processes in healthcare facilities are expected to fuel the healthcare RFID market growth during the forecast period.

The COVID-19 outbreak is also becoming an emerging driver for the adoption of biometric solutions. As the COVID-19 is revealing the importance of AIDCs around the world. Hence, it is estimated that the market will witness lucrative opportunities due to the COVID-19 outbreak.

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Healthcare Automatic Identification And Data Capture Market Report Highlights

• The biometric emerged as the largest revenue-generating segment of the healthcare AIDC market in 2020. Increasing adoption of RFID technology for AIDC services in the healthcare industry is estimated to drive market
• The hardware segment dominated the market in 2020 owing to the growing installation of RFID systems. The rising requirement for hardware-based components in the AIDC devices such as printers, scanners, readers, cards, and other such systems is expected to drive the market
• The clinical segment is expected to exhibit the fastest growth rate during the study period. Growing adoption of AIDC for clinical applications such as blood transfusion verification, medication administration, verification laboratory specimen identification is anticipated to drive the market
• Asia Pacific region has emerged as the fastest-growing market during the forecast period. Existence of a large pharmaceutical industry requiring this technology for process streamlining

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Healthcare Automatic Identification And Data Capture Market Segmentation

Grand View Research has segmented the global healthcare automatic identification and data capture market on the basis of technology, component, application, and region:

Healthcare AIDC Technology Outlook (Revenue, USD Million, 2016 - 2028)

• Barcode
• RFID
• Biometric
• Others

Healthcare AIDC Component Outlook (Revenue, USD Million, 2016 - 2028)

• Hardware       
• Software
• Services

Healthcare AIDC Application Outlook (Revenue, USD Million, 2016 - 2028)

• Clinical
• Non-Clinical

Healthcare AIDC Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia

List of Key Players of Healthcare Automatic Identification And Data Capture (AIDC) Market

• Datalogic S.p.A
• SICK AG
• Honeywell International Inc.
• Cognex Corporation
• Toshiba TEC Corporation
• Bluebird Inc.
• NXP Semiconductors
• SATO Holdings Corporation
• The Code Corporation
• Jadak - A Novanta Company
• Unitech Electronics Co., LTD.
• Impinj, Inc.
• Denso Wave Europe
• Avery Dennison Corporation
• TSC Auto ID Technology Co., Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Fiberglass Sunscreen Market Expected To Trigger A Revenue To USD 2.88 Billion By 2028: Grand View Research, Inc.

 Fiberglass Sunscreen Market Growth & Trends

The global fiberglass sunscreen market size is expected to reach USD 2.88 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.3% from 2021 to 2028. Increasing expenditure on interior decoration and rising construction activities are presenting lucrative opportunities for the market. The market is expected to be driven by the robust development in emerging economies during the forecast period. Along with this, frequent change in sunscreens to complement the décor has become a general norm across the globe. This is being supported by the rising disposable income of the consumer group.

Rapid urbanization has increased the number of households, which, in turn, will propel the market growth in the forecast period. For instance, it has been projected that the number of households in the U.S. will increase by 12.2 million from 2018 to 2028. This is expected to fuel the overall market growth of fiberglass sunscreens in the forecast period. In the U.S., there was a 14% decline in the dollar value of construction in 2020 owing to the outbreak of COVID-19, but it is anticipated that the construction growth will rebound in 2021 by 4%. This, in turn, will fuel the demand for fiberglass sunscreens over the forecast period.

Fiberglass sunscreens are sold through a plethora of retail channels, both offline and online, a few of which are Lowe’s, Amazon, Home Depot, and eBay. A vast majority of the end-users are building and construction contractors, who procure fiberglass sunscreen in bulk quantities, therefore, direct sales by manufacturers at wholesale prices are also a common occurrence in the marketplace. Retail distribution is primarily targeted toward households and architectural firms that are looking for limited quantity purchases in order to suffice building renovation or repair works.

With the increasing emphasis on inventory management as a means of reducing warehousing and supply costs, major traditional retailers such as Lowe’s and Home Depot have gradually shifted to online retail of fiberglass sunscreen. However, offline retail through hardware stores, multi-retail chains, and independent construction material suppliers is still dominant as these entities engage in the bulk supply of materials to B&C contractors.

The growing trend of ethical consumerism is creating demand for sustainable products. Consumers and the construction industry are opting for insulation materials, such as fiberglass sunscreens, for residential and commercial buildings. Companies in the market are focusing on this trend to gain market share. Fiberglass sunscreens are recyclable and have a low impact on the environment. They are widely used in green buildings as they significantly reduce the carbon footprint of the building. They also help in the reduction of air conditioning and heating costs; hence, they are economical for consumers. This factor, in turn, is boosting the growth of the market.

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Fiberglass Sunscreen Market Report Highlights

• The corporate buildings application segment is projected to register the fastest CAGR from 2021 to 2028
• North America dominated the market with a share of over 35.0% in 2020. This is attributed to the increased spending on residential renovations and repairs by people across the region
• Asia Pacific is projected to expand at the fastest CAGR of 6.1% from 2021 to 2028. Demand for fiberglass sunscreen is increasing in this region due to the flourishing hospitality and tourism industries

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Fiberglass Sunscreen Market Segmentation

Grand View Research has segmented the global fiberglass sunscreen market on the basis of application and region:

Fiberglass Sunscreen Application Outlook (Revenue, USD Million, 2016 - 2028)

• Residential
• Hotels
• Hospitals & Clinics
• Corporate Buildings
• Educational & Government Institutions
• Others (Transport Terminals –Airports, Open Bus & Train Stations, Shopping Complexes)

Fiberglass Sunscreen Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
• Europe
  • Germany
  • UK.
• Asia Pacific
  • Japan
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia

List of Key Players of Fiberglass Sunscreen Market

• Phifer 
• Changzhou Bestex Technical Textile Co., Ltd.
• Mermet Corporation
• Luxaflex
• Fulltech Fiber Glass Corp.
• Helioscreen
• APLUS
• Hongyuan Envirotech Co., Ltd.
• WUXI EV Window Decoration Co., Ltd.
• Groupeve

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

High-frequency Trading Server Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 High-Frequency Trading Server Market Growth & Trends

The global high-frequency trading server market size is expected to reach USD 501.0 million by 2028, registering a CAGR of 3.5% from 2020 to 2028, according to a study conducted by Grand View Research, Inc. In the trading industry, servers play a pivotal role in reducing tick-to-trade delays; this is driving the product demand. Furthermore, with improvements in server technology over the years, high-frequency trading (HFT) servers, in particular, have witnessed several advancements in terms of processor technology, which is creating opportunities for industry growth. These advancements are fueled by the need to track stock markets where every nanosecond counts and are expected to become an indispensable element of the finance sector over the coming years.

Increased adoption of algorithmic trading in global financial markets has encouraged companies in the financial sector to opt for high-speed transactions. Technological advancements, such as integrating AI and social media feeds with electronic trading, are expected to drive the demand for high-speed trading transactions. Thus, the demand for low-latency trading servers has increased tremendously among the derivatives, quantitative, and proprietary trading firms. Asia Pacific has become one of the new revenue pockets for market growth.

Favorable government regulations for the implementation of automated trading and new investment law in China have emerged as potential revenue streams for the vendors. Furthermore, the surge in adoption of Artificial Intelligence (AI) and machine learning technology by small-sized hedge fund firms, is anticipated to drive the overall product demand over the forecast period. A competitive edge is now determined by nanoseconds and microseconds. Speed is important to market participants, such as large investment banks, hedge funds, and other financial companies, because it impacts profitability, and hence the deployment of HFT servers is of paramount importance.

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High-frequency Trading Server Market Report Highlights

• The x-86 based processor segment accounted for the highest revenue share in 2020 and is estimated to retain the dominant position throughout the forecast period registering a steady CAGR from 2021 to 2028
• The large-scale adoption of operating systems based on x86-based architecture for high computing applications is expected to drive the segment growth over the forecast period
• 4U form factor is anticipated to register a CAGR exceeding 3% over the forecast period due to rising usage on account of its capability to handle high-performance computing application
• The foreign exchange segment accounted for over 29% of the overall global revenue share in 2020
• Early adoption of automating currency management solutions in the currency derivatives market by hedge fund firms is anticipated to favor segment growth over the forecast period
• Europe is anticipated to register the second-highest CAGR over the forecast period due to the early adoption of HFT technology and favorable MIFID II regulations for traders and investors in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-high-frequency-trading-servers-market

High-frequency Trading Server Market Segmentation

Grand View Research has segmented the global high-frequency trading server market on the basis of processor, form factor, application, and region:

HFT Servers Processor Outlook (Volume, Units; Revenue, USD Million, 2017 - 2028)

• X-86-based
• ARM-based
• Non-x86-based (MIPS, Imagination)

HFT Servers Form Factor Outlook (Volume, Units; Revenue, USD Million, 2017 - 2028)

• 1U
• 2U
• 4U
• Others (3U, 5U, 6U, 7U)

HFT Servers Application Outlook (Volume, Units; Revenue, USD Million, 2017 - 2028)

• Equity Trading
• Forex Markets
• Commodity Markets
• Others (Bonds and Other Derivatives)

HFT Servers Regional Outlook (Volume, Units; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • The Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa

List of Key Players of High-frequency Trading (HFT) Server Market

• ASA Computers, Inc.
• Blackcore Technologies
• Business Systems International Ltd.
• CIARA
• Dell
• HP Enterprise Development LP
• Hypershark Technologies
• Lenovo
• Penguin Computing
• Super Micro
• Tyrone Systems
• XENON Systems Pty Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Asia Automotive Camshaft Market is Expected to Amplify USD 2.21 Billion Value by 2028: Grand View Research Inc.

 Asia Automotive Camshaft Market Growth & Trends

The Asia automotive camshaft market size is expected to reach USD 2.21 billion by 2028, registering a CAGR of 3.0% over the forecast period, according to a new report by Grand View Research, Inc. The increasing adoption of double overhead camshaft engines in passenger cars, coupled with stringent government standards associated with carbon emission, is expected to drive the market over the forecast period. Rising pollution levels and the impact of global warming are compelling government authorities in the region to establish strict regulations related to vehicular emissions.

Such rules have enforced component suppliers to produce high-efficiency and lightweight components for domestic and international markets. The Indian government has instituted the Bharat stage emission standards to regulate the emission of air pollutants from various IC engine equipment, including passenger and commercial vehicles. To comply with such emission regulations, automotive manufacturers are increasingly adopting lightweight engines, thus driving the demand for automotive camshaft over the forecast period.

The Covid-19 pandemic has negatively affected overall automotive production. The range of restrictions announced by governments worldwide to contain the spread of the disease resulted in supply chain disruptions, with several production facilities coming to a halt. The pandemic also negatively affected passenger car and commercial vehicle sales, subsequently impacting the demand for automotive camshafts. However, with the revival of economies and the gradual relaxation of restrictions, the market is likely to witness significant growth over the forecast period.

The East Asia regional segment accounted for the largest revenue share of over 42% in 2020 and is expected to retain its dominance over the forecast period. The regional market is projected to expand at the highest CAGR from 2021 to 2028 due to the high demand for passenger vehicles in Mainland China, followed by Japan. The market in South Asian and Southeast Asian countries is likely to witness significant growth due to a surge in disposable incomes and increased demand for passenger cars. Macro-economic factors, such as low-cost labor and tax incentives, are likely to attract investors and funding in these regions.

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Asia Automotive Camshaft Market Report Highlights

• In terms of engine type, the inline engine segment is estimated to register the highest CAGR of 3.2% over the forecast period. Inline engines are the most common types of engines in SUVs and hatchbacks
• In terms of fuel type, the gasoline segment emerged as the largest segment in 2020 and is anticipated to retain its dominance over the forecast period
• In terms of manufacturing technology, the assembled camshaft segment is projected to expand at the highest CAGR from 2021 to 2028
• This can be attributed to the gradually shifting momentum in the automotive industry toward assembled camshafts due to their cost-effectiveness and low weight
• The passenger car vehicle type segment accounted for a dominant market share in 2020 and is projected to expand at the highest CAGR from 2021 to 2028
• In terms of sales channel, the OEMs segment is estimated to register the highest CAGR over the forecast period due to the fact that the camshafts offered by OEMs are highly durable
• The East Asia region captured the maximum revenue share in 2020 and is expected to retain dominance over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/asia-automotive-camshaft-market-analysis

Asia Automotive Camshaft Market Segmentation

Grand View Research has segmented the Asia automotive camshaft market on the basis of engine type, fuel type, manufacturing technology, vehicle type, sales channel, and region:

Asia Automotive Camshaft Engine Type Outlook (Revenue, USD Million, 2016 - 2028)

• Inline Engine
• V-Engine
• Others

Asia Automotive Camshaft Fuel Type Outlook (Revenue, USD Million, 2016 - 2028)

• Diesel
• Gasoline

Asia Automotive Camshaft Manufacturing Technology Outlook (Revenue, USD Million, 2016 - 2028)

• Assembled Camshaft
• Cast Camshaft
• Forged Camshaft

Asia Automotive Camshaft Vehicle Type Outlook (Revenue, USD Million, 2016 - 2028)

• Passenger Cars
• Commercial Vehicles

Asia Automotive Camshaft Sales Channel Outlook (Revenue, USD Million, 2016 - 2028)

• OEMs
• Aftermarket

Asia Automotive Camshaft Regional Outlook (Revenue, USD Million, 2016 - 2028)

• South Asia
  • India
  • Bangladesh
  • Rest of South Asia
• Southeast Asia
  • Singapore
  • Thailand
  • Vietnam
  • Rest of Southeast Asia
• East Asia
  • Greater China
    • Mainland China
    • Hong Kong
    • Taiwan
  • Japan
  • South Korea
  • Rest of East Asia
• Central Asia
• West Asia

List of Key Players of Asia Automotive Camshaft Market

• Engine Power Components, Inc.
• Guangzhou Disong Machinery Equipment Co., Ltd.
• Guizhou MEC, Inc.
• India Pistons Ltd. (IPL)
• MAHLE GmbH
• Musashi Seimitsu Industry Co., Ltd.
• PCL India
• Thyssenkrupp AG
• Ruich Value (Shenyang) Tech. Co., Ltd
• Shijiazhuang Jingshi New Material Science and Technology Co., Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Cyber Security Services Market Top Players, Segments, Cost Structure, Demand, Sales

 Cyber Security Services Market Growth & Trends

The global cyber security services market size is expected to reach USD 192.70 billion by 2028, registering a CAGR of 10.2% over the forecast period, according to a new report by Grand View Research, Inc. Continued cybersecurity breaches on the enterprise and individual levels, and the subsequent need to address the vulnerabilities in networks, apps, and systems, are the factors expected to drive the growth. The need for identifying advanced, persistent threats to networks, monitoring critical infrastructure 24/7, and penetration testing applications for meeting various regulatory compliance standards and acts, such as FISMA, MARS-E, PCI DSS, Sarbanes-Oxley (SOX), and HIPAA, is expected to contribute to the growth of the market.

As cyberattacks are getting more and more sophisticated, cyber security services are also evolving accordingly. Some of the common cyber security services include penetration testing, bug bounty, and Managed Detection Response (MDR), and the demand for these and other similar services are growing in line with the continued deployment of digital and cloud-based applications. These services help enterprises identify IT infrastructure vulnerabilities, fix the bugs, and gain access to the necessary remedies for tackling cyberattacks. Additionally, as a result of the outbreak of the COVID-19 pandemic, work-from-home and remote working mandates are impelling employees to connect with unsecured networks. Hackers are taking this opportunity to exploit the loopholes and particularly infiltrate corporate web applications. Hence, incumbents of several industries are in a dire need to continuously monitor the evolving cyber threats and safeguard their enterprise systems.

Testing web applications and databases and identifying their weaknesses and vulnerabilities are expected to emerge as the major focus areas for the incumbents of various industries and industry verticals, including BFSI, healthcare, IT, manufacturing, and retail, over the forecast period. The healthcare industry vertical has been frequently targeted by hackers and cybercriminals. Cybercrimes targeting the healthcare industry are expected to intensify in line with the continued digitalization and the introduction of IoT-based medical devices. In May 2019, the American Medical Collection Agency, a billing services provider, revealed that it was subjected to cyberattacks for a duration of eight months from August 2018 to March 2019 and that approximately 25 million patients may have been affected due to these cyberattacks. Meanwhile, a report published by Radware, a provider of cybersecurity and application delivery solutions, revealed that a healthcare organization needs to spend approximately USD 1.4 million on average to recover from a cyberattack. Thus, the growing need to protect healthcare institutions from cyberattacks has created new opportunities for cyber security services providers.

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Cyber Security Services Market Report Highlights

• Advancements in artificial intelligence, machine learning, and the internet of things are disrupting cyberspace and reshaping the global threat landscape, thereby driving the growth of the market over the forecast period
• The healthcare segment is anticipated to exhibit the highest CAGR of 11.4% over the forecast period. The increased instances of cybercrimes in the recent past, and particularly during the outbreak of the COVID-19 pandemic, have prompted healthcare application developers to address the application vulnerabilities
• Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growing demand for penetration testing and bug bounty services in line with the mandatory compliances, which require periodic technological evaluation, is expected to drive the growth of the regional market
• Some of the major players operating in the market include Accenture, AT&T, Atos SE, Cisco, IBM, and Rapid7

Access Press Release@ https://www.grandviewresearch.com/press-release/global-cyber-security-service-market

Cyber Security Services Market Segmentation

Grand View Research has segmented the global cyber security services market based on service type, professional services, managed services, industry vertical, and region:

Cyber Security Service Type Outlook (Revenue, USD Million, 2016 - 2028)

• Professional Services
• Managed Services

Cyber Security Professional Service Outlook (Revenue, USD Million, 2016 - 2028)

• Integration
• Support and Maintenance
• Training, Consulting, and Advisory
• Penetration Testing
• Bug Bounty
• Others

Cyber Security Managed Service Outlook (Revenue, USD Million, 2016 - 2028)

• Managed Detection Response (MDR)
• Managed Security Incident and Event Management (SIEM)
• Compliance and Vulnerability Management
• Others

Cyber Security Service Industry Vertical Outlook (Revenue, USD Million, 2016 - 2028)

• IT & Telecom
• Retail
• BFSI
• Healthcare
• Defense/ Government
• Energy
• Manufacturing
• Others

Cyber Security Service Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Key Players in the Cyber Security Services Market

• Accenture
• AT&T
• Atos SE
• Capgemini
• Cisco
• CrowdStrike
• Deloitte Touche Tohmatsu Limited
• DXC Technology Company
• IBM
• Rapid7

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.