Immersion Cooling Market Trends Analysis And Forecast Till 2028: Grand View Research Inc.

 Immersion Cooling Market Growth & Trends

The global immersion cooling market size is anticipated to reach USD 458.4 million by 2028, registering a CAGR of 14.6% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for data center infrastructure along with the increased consumption of power by other cooling systems is likely to boost the demand for immersion cooling systems over the forecast period.

Cooling infrastructure in data center facilities accounts for almost half of the total energy consumption. The demand for data infrastructure is rising rapidly, resulting in the servers storing a higher amount of data and reaching their heat rejection thresholds faster. Data centers are adopting immersion cooling systems as it reduces energy consumption & overhead costs.

Apart from lowering the energy consumption, immersion cooling ensures less space utilization and helps increase the server density in the same installation space, thereby reducing the total cost of ownership. In addition, the data center industry has a significant carbon footprint resulting in an increased focus on the implementation of energy-efficient processes.

Data centers are focusing on using immersion cooling solutions to reduce their impact on the environment. For instance, in January 2020, LiquidCool Solutions collaborated with MIRIS to minimize its datacenters’ contribution to global warming by merging the use of waste heat with renewable energy sources and immersion cooling technology.

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Immersion Cooling Market Report Highlights

• High-performance computing is expected to grow at a CAGR of 12.6% from 2021 to 2028 as immersion cooling helps in improving HPC performance by delivering extraordinary IT hardware density while saving up to 95% of the cooling cost
• The mineral oilsegment is anticipated to witness a CAGR of 15.0% due to the high demand for mineral oil
• Mineral oil provides improved efficiency and simplicity in the facility design compared to the traditional air-cooling systems, thereby offering cost benefits
• North America accounted for over 35% of the global revenue share in 2020 due to the presence of intelligent building, large-scale data centers, and building automation vendors in the region
• Companies in the market are focusing on business expansion. For instance, in March 2021, Submer announced its collaboration with SYNNEX Corp. for increasing its presence in the U.S.

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Immersion Cooling Market Segmentation

Grand View Research has segmented the global immersion cooling market on the basis of product, application, cooling liquid, and region:

Immersion Cooling Product Outlook (Revenue, USD Million, 2017 - 2028)

• Single-phase
• Two-phase

Immersion Cooling Application Outlook (Revenue, USD Million, 2017 - 2028)

• High-performance Computing
• Edge Computing
• Cryptocurrency Mining
• Artificial Intelligence (AI)
• Others

Immersion Cooling Liquid Outlook (Revenue, USD Million, 2017 - 2028)

• Mineral Oil
• Fluorocarbon-based Fluids
• Deionized Water
• Others

Immersion Cooling Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Italy
  • Germany
  • France
  • The Netherlands
  • Russia
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players of Immersion Cooling Market

• Fujitsu Ltd.
• Dug Technology
• Submer
• Liquid Stack
• Midas Green Technologies
• Asperitas
• LiquidCool Solutions
• ExaScaler, 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.

Fitness Tracker Market to Partake Significant Development During 2021 to 2028: Grand View Research Inc.

 Fitness Tracker Market Growth & Trends

The global fitness tracker market size is expected to reach USD 138.7 billion by 2028, registering a CAGR of 18.9% over the forecast period, according to a new report by Grand View Research, Inc. Some of the factors contributing to the market growth are the rising awareness regarding health & fitness, growing adoption of smartphones, availability of the internet, and increasing consumer disposable incomes. Moreover, the rise in cases of sedentary lifestyle-related health problems and the growing prevalence of Cardiovascular Diseases (CVDs) and obesity are likely to boost the product demand. For instance, in 2017, about 13% of the world’s adult population was obese and around 39% was overweight. The growing awareness regarding health, fitness, and wellness, specifically in the younger population with higher disposable incomes, will drive the market.

Furthermore, the Covid-19 pandemic has led to an increase in awareness regarding fitness & health resulting in a rise in the adoption of fitness trackers. In addition, the market players introduced some Covid-19-specific tracking indications to capture the growing market demand and the changing consumer requirement. For instance, Fitbit Inc. launched Sense with a SpO2 levels monitor, ECG monitor, and stress management features to meet the growing demand. Wide distribution networks and retail tie-ups of the market players enable the availability of the latest products worldwide. In addition, the growing e-commerce sector and adoption of online channels further propel the growth of the market.

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Fitness Tracker Market Report Highlights

• The smartwatch segment dominated the market in 2020 as a result of high demand for these devices owing to their features and functions, such as health tracking and communication
• On the other hand, the fitness band segment is expected to register the fastest CAGR over the forecast period due to the comparatively low cost of these devices and the availability of advanced products with features, such as stress and sleep monitoring
• In 2020, the online distribution channel segment held the highest market share owing to the easier availability and accessibility
• North America dominated the market in 2020 accounting for the maximum revenue share owing to constant product innovation by key manufacturers, wide usage of smartphones and the internet, and higher disposable income levels
• Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to the rising product adoption, growing awareness regarding fitness & health, rising consumer disposable income, and growing penetration of e-commerce platforms

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Fitness Tracker Market Segmentation

Grand View Research has segmented the global fitness tracker market based on type, application, distribution channel, and region:

Fitness Tracker Type Outlook (Revenue, USD Million, 2016 - 2028)

• Smart Watches
• Fitness Bands
• Smart Clothing
• Others

Fitness Tracker Application Outlook (Revenue, USD Million, 2016 - 2028)

• Heart Rate Tracking
• Sleep Monitoring
• Glucose Monitoring
• Sports
• Running
• Cycling Tracking
• Others

Fitness Tracker Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Online
• Offline

Fitness Tracker Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Fitness Tracker Market

• Apple, Inc.
• Fitbit, Inc.
• Garmin Ltd.
• Beienda
• Ambiotex GmbH
• Hexoskin
• Huawei Technologies
• Nurvv
• Oura Health Ltd.
• Withings

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.

Cell And Gene Therapy Manufacturing Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 Cell And Gene Therapy Manufacturing Market Growth & Trends

The global cell and gene therapy manufacturing market size is expected to reach USD 57.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 20.3% from 2021 to 2028. An exponential rise in clinical pipeline coupled with a rising number of regulatory approvals for advanced therapies has majorly driven the market.

Considering promising growth opportunities in the contract development of cellular and gene-modified therapies, market participants are making focused efforts to boost their market presence. Also, bio manufacturers are signing strategic alliances with contract manufacturers to accelerate the R&D of their candidate programs. Rising demand for CMOs/CDMOs services has led to the entry of several new players as well as expansion of product development capabilities, thereby positively impacting market revenue.

Several novel methods are being introduced to advance cell and gene therapy manufacturing. For instance, the manufacturers are exploring the potential of single-use technology in production workflows. This technique is gaining increasing attention in this arena to speed the development process while reducing the overall cost and production timeline. Such technological advancements in space are anticipated to bolster market growth in the coming years.

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Cell And Gene Therapy Manufacturing Market Report Highlights

• The cell therapy manufacturing segment dominated the market in 2020 in terms of revenue
• A high number of ongoing clinical trialsof cell therapies to address the robust need for effective treatment against COVID-19 infection has resulted in segment growth
• A high number of candidate molecules in the pre-commercial scale stage has contributed to the largest revenue share of the segment in 2020
• On the other hand, the recent success of CAR-T therapies supplements the growth of the commercial-scale manufacturing segment
• The contract manufacturing segment is expected to witness lucrative growth during the forecast period as a substantial number of bio manufacturers are turning to CMOs for efficient and rapid product development
• Ongoing pandemic has accelerated the global investments in the R&D of viral vector-based vaccines, creating lucrative opportunities in the vector production segment
• North America dominated the market in terms of revenue in 2020 owing to the strong research as well as a commercial base for cell and gene therapy products in the U.S.
• S. is leading the CAR-T and gene therapy space with the highest number of approved products, thus positively influencing the market growth in the region
• Asia Pacific is anticipated to grow at the fastest rate throughout the forecast period
• Constantly evolving viral vector production and CDMO landscapes through plant expansions and new sites are spurring the market in this region
• The key players are engaged in collaboration with biopharma developers to support their product development process

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Cell And Gene Therapy Manufacturing Market Segmentation

Grand View Research has segmented the global cell and gene therapy manufacturing market on the basis of therapy type, scale, mode, workflow, and region:

Cell & Gene Therapy Manufacturing Type Outlook (Revenue, USD Million, 2017 - 2028)

• Cell Therapy Manufacturing
  • Stem Cell
  • Non Stem Cell
• Gene Therapy Manufacturing

Cell & Gene Therapy Manufacturing Scale Outlook (Revenue, USD Million, 2017 - 2028)

• Pre-commercial/ R&D Scale
• Commercial Scale

Cell & Gene Therapy Manufacturing Mode Outlook (Revenue, USD Million, 2017 - 2028)

• Contract Manufacturing
• In-house Manufacturing

Cell & Gene Therapy Manufacturing Workflow Outlook (Revenue, USD Million, 2017 - 2028)

• Cell Processing
• Cell Banking
• Process Development
• Fill & Finish Operations
• Analytical And Quality Testing
• Raw Material Testing
• Vector Production
• Others

Cell & Gene Therapy Manufacturing Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Cell And Gene Therapy Manufacturing Market

• Thermo Fisher Scientific
• Merck KGaA
• Lonza
• Catalent Inc.
• Takara Bio Inc.
• Hoffmann-La Roche Ltd.
• Wuxi Advanced Therapies
• Samsung Biologics
• Boehringer Ingelheim
• Novartis AG
• Hitachi Chemical Co., Ltd.
• Cellular Therapeutics
• Miltenyi Biotec
• Bluebird Bio 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.

Single-use Bioprocessing Probes And Sensors Market Industry Analysis Comparing Industry Prospects And Challenges Of Investing

 Single-use Bioprocessing Probes And Sensors Market Growth & Trends

The global single-use bioprocessing probes and sensors market size is expected to reach USD 5.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 13.9% from 2021 to 2028. The biopharmaceutical industry is witnessing an increase in the use of single-use technology for the production of biologics, biosimilar, and other biopharmaceutical products. As the need to reduce manufacturing costs is increasing, manufacturers are adopting the implementation of single-use equipment in their production workflow, in turn, boosting revenue growth.

Rising demand for improved bioprocess monitoring devices is another factor driving the market for single-use probes and sensors. Growing biopharmaceutical sector demands advanced sensors to cope with the regulatory norms that require increasingly detailed and complex measurement of processes. Thus, the demand for improved sensors that offer better results is also increasing.

Expanding usage of disposable systems has resulted in lucrative growth for operating players. Key players are making focused efforts to boost their business presence. OEMs are collaborating with independent single-use suppliers to fill the technological gap. Some key OEMs are integrating disposable sensors in their equipment used for various applications, thereby accelerating the adoption of products in this space.

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Single-use Bioprocessing Probes And Sensors Market Report Highlights

• Single-use pH and dissolved oxygen sensors are the most used disposable sensors in the bioprocessing industry. Products for pressure measurement have already become widely accepted and adopted
• In 2020, the pH sensor segment accounted for the major revenue share as these sensors can be deployed in nearly all the biological processes
• Single-use Dissolved Oxygen (DO) and pH sensors are being used in upstream applications, leading to the large revenue share of the segment
• Increasing application of disposable bioreactors in upstream biopharmaceutical production has driven the use of sensors in this segment
• In addition, the availability of various single-use systems for upstream bioprocessing further supplements segment growth
• Biopharmaceutical manufacturers have emerged as the key end-user of this market
• Increasing adoption of single-use technologies by CMOs is one of the key drivers for the growth of the biopharmaceutical manufacturer segment
• Geographically, North America dominated the market in 2020 owing to the presence of biopharmaceutical clusters and proactiveness of operating end-users in adopting new technologies
• Asia Pacific is expected to be the fastest-growing market over the forecast period, owing to the expanding biomanufacturing capabilities in Asian countries
• The key players are engaged in collaboration with therapy developers to support their product development process

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Single-use Bioprocessing Probes And Sensors Market Segmentation

Grand View Research has segmented the global single-use bioprocessing probes and sensors market on the basis of sensor type, workflow, end use, and region:

Single-use Bioprocessing Probes And Sensor Type Outlook (Revenue, USD Million, 2018 - 2028)

• pH Sensor
• Oxygen Sensor
• Pressure Sensors
• Temperature Sensors
• Conductivity Sensors
• Flow Meters & Sensors
• Others

Single-use Bioprocessing Probes And Sensors Workflow Outlook (Revenue, USD Million, 2018 - 2028)

• Upstream
• Downstream

Single-use Bioprocessing Probes And Sensors End-use Outlook (Revenue, USD Million, 2018 - 2028)

• Biopharmaceutical Manufacturer
  • CMOs & CROs
  • In-house Manufacturer
• Labs & Academic/ Clinical Research Institutes

Single-use Bioprocessing Probes And Sensors Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of Single-use Bioprocessing Probes And Sensors Market

• Thermo Fisher Scientific
• Sartorius AG
• Danaher Corporation
• PreSens Precision Sensing GmbH
• ABEC
• Hamilton Company
• PendoTECH LLC
• Equflow
• Parker Hannifin Corporation
• Malema Engineering Corporation
• Dover Corporation
• Broadley-James Corporation
• High Purity New England, Inc.
• Cole-Parmer Instrument Company, LLC.
• ESI Ultrapure

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.

Near Infrared Imaging Market Forecast 2028 Top Companies, Trends and Growth Factors Details for Business Development

 Near Infrared Imaging Market Growth & Trends

The global near infrared imaging market size is expected to reach USD 405.0 million by 2028, according to a new report by Grand View Research, Inc. expanding at a 9.3% CAGR during the forecast period. The growing use of near-infrared imaging due to advantages such as minimally invasiveness and high efficiency in diagnosing various conditions is anticipated to drive the near-infrared imaging market significantly during the forecast period.

Growing incidences of chronic disorders, especially among the geriatric population is fueling the near infrared imaging market. Alzheimer’s disease, dementia, arthritis, chronic kidney disease, and diabetes, are some of the commonly prevalent diseases that require near infrared imaging for better diagnosis and further decision making for effective treatment.

Expanding applications of the NIR technique in early diagnosis of various neurological conditions is expected to play a significant role in overall market growth. As per National Research University’s Higher School of Economics, neurological disorders are one of the leading causes of disability and death today. They were reported as the leading cause group of Disability Adjusted Life Years, which comprised 16.8% global deaths.

Frequent introduction of technologically advanced systems is expected to have a significant impact on market growth. NIR is preferred as a process monitoring tool, especially in the pharmaceutical industry. Expanding applications of NIR in commercial operations and research activities in biopharmaceutical companies, as well as academic institutes, are expected to fuel the demand for advanced NIR systems in upcoming years.

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Near Infrared Imaging Market Report Highlights

• By product, reagents segment dominated the market in 2018 owing to the development of novel reagents to identify various types of cancer
• The reagents segment is expected to grow considerably in the future owing to benefits offered by Indocyanine green (ICG), such as real-time angiographic images during brain tumor or vascular surgery
• Cancer surgeries segment is expected to grow considerably in the near future owing to the high prevalence of the disorder, especially in the emerging economies
• Hospitals & clinics segment dominated the market owing to the increase in the number of admissions of cancer patients in clinics and hospitals
• The players profiled in the near infrared imaging market are Shimadzu Corporation  KARL STORZ SE & Co. KG, Stryker, Leica Microsystems, Olympus, Carl Zeiss Meditec AG, Fluoptics, Quest Medical Imaging B.V., Mizuho Medical Co, Ltd.,  Hamamatsu Photonics K.KVisionsense, PerkinElmer, Inc., LI-COR, Inc., and SurgVision

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Near Infrared Imaging Market Segmentation

Grand View Research has segmented the global near infrared imaging market based on product, application, end-user, and region:

Near Infrared Imaging Product Outlook (Revenue, USD Million, 2016 - 2028)

• Devices
  • Near-infrared Fluorescence Imaging Systems
  • Near-infrared Fluorescence & Bioluminescence Imaging Systems 
• Reagents
  • Indocyanine Green (ICG)
  • Other Reagents

Near Infrared Imaging Application Outlook (Revenue, USD Million, 2016 - 2028)

• Preclinical Imaging
• Cancer Surgeries
• Gastrointestinal Surgeries
• Cardiovascular Surgeries
• Plastic/Reconstructive Surgeries
• Other Applications

Near Infrared Imaging End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Hospitals & Clinics
• Pharmaceutical & Biotechnology Companies
• Research Laboratories

Near Infrared Imaging Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Near Infrared Imaging Market

• Quest Medical Imaging B.V.
• Stryker
• KARL STORZ SE & Co. KG
• Olympus
• Hamamatsu Photonics K.K
• Mizuho Medical Co, Ltd.
• Shimadzu Corporation
• Leica Microsystems
• Medtronic (Visionsense)
• PerkinElmer, Inc.
• Carl Zeiss Meditec AGLI-COR, Inc.
• Fluoptics
• SurgVision
• PERKINELMER 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.

Disaster Preparedness Systems Market Expected to Deliver Dynamic Progression By 2028

 Disaster Preparedness Systems Market Growth & Trends

The global disaster preparedness systems market size is expected to reach USD 255.19 billion by 2028, registering a CAGR of 7.4% from 2021 to 2028, according to a new report by Grand View Research, Inc. The growth can be attributed to the increasing terrorism and criminal activities coupled with unpredictable natural disasters. Disaster preparedness refers to the preparations for mitigating the damages caused by natural or manmade disasters. It typically includes predictions of potential disasters and their probable locations, preventive measures to avoid tragedies before their occurrence, mitigation of the potential impact of disasters on vulnerable populations, and responses to effectively cope with the consequences of disasters.

Various countries are making efforts to make technological enhancements in their disaster preparedness systems. For instance, in August 2020, the defense department of the U.S. announced a partnership with other agencies such as Microsoft to develop artificial algorithms to obtain real-time data regarding disasters. This data is used for improving the decisions related to natural disasters.

Advanced technologies such as the Internet of Things (IoT) are used for collecting data from the physical environment and communicating the same to different city departments. For instance, the Rio de Janeiro City Hall Operations Center uses IoT sensors for collecting real-time data about the traffic, weather, medical services, and police in the city. Additionally, AT&T and the city of Houston worked together to deploy IoT technology for communicating damage and identifying the risk.

The COVID-19 pandemic is expected to affect market growth favorably in the forthcoming years. Various companies came together to overcome the pandemic. For instance, in April 2020, Disaster Management Group announced a partnership with DialAmerica to provide contact tracing for COVID-19.

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Disaster Preparedness Systems Market Report Highlights

• In terms of type, the safety management system segment is expected to witness significant growth over the forecast period. The rapid rise in the demand for surveillance systems for smart city projects is driving the segment growth
• In terms of solution, the geospatial solutions segment witnessed a steady growth in 2020. The demand for geospatial information to identify the accurate location of the emergency and make effective decisions is on the rise from both the government and private sectors, which is driving the segment growth
• In terms of services, the design and integration services segment witnessed the fastest CAGR in 2020. The growing preference for customized disaster preparedness systems is expected to drive the growth of the segment over the forecast period
• In terms of communication technology, the first responder tools segment witnessed the fastest CAGR in 2020. An increase in the use of first responder tools by first responders, including security personnel, fire departments, medical teams, and police personnel, is driving the segment growth
• In terms of end use, the healthcare segment registered the fastest CAGR in 2020. An increase in the need for disaster recovery plans in place among hospitals, to prevent any potential loss of imperative information and transactions, is driving the segment growth
• The increasing adoption of disaster preparedness systems in emerging economies such as India and China is expected to create growth opportunities for the market players in the Asia Pacific region over the forecast period

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Disaster Preparedness Systems Market Segmentation

Grand View Research has segmented the global disaster preparedness systems market based on type, solution, services, communication technology, end use, and region:

Disaster Preparedness Systems Type Outlook (Revenue, USD Million, 2016 - 2028)

• Emergency/Mass Notification System
• Surveillance System
• Safety Management System
• Earthquake/Seismic Warning System
• Disaster Recovery and Backup Systems
• Others

Disaster Preparedness Systems Solution Outlook (Revenue, USD Million, 2016 - 2028)

• Geospatial Solutions
• Disaster Recovery Solutions
• Situational Awareness Solutions

Disaster Preparedness Systems Services Outlook (Revenue, USD Million, 2016 - 2028)

• Training & Education Services
• Consulting Services
• Design & Integration Services
• Support & Maintenance Services

Disaster Preparedness Systems Communication Technology Outlook (Revenue, USD Million, 2016 - 2028)

• First Responder Tools
• Satellite Phones
• Emergency Response Radars
• Vehicle-Ready Gateways
• Others

Disaster Preparedness Systems End-use Outlook (Revenue, USD Million, 2016 - 2028)

• BFSI
• Energy and Utilities
• Aerospace and Defense
• Manufacturing
• IT and Telecom
• Public Sector
• Transportation and Logistics
• Healthcare
• Others

Disaster Preparedness Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players in the Disaster Preparedness Systems Market

• Honeywell
• Lockheed Martin
• Motorola Solutions
• Siemens
• NEC Corporation
• IBM 
• Alertus
• OnSolve
• Juvare 
• Singlewire Software

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.

Secure Access Service Edge Market Trends Regulations And Competitive Landscape Outlook to 2028

 Secure Access Service Edge Market Growth & Trends

The global secure access service edge market size is expected to reach USD 11.29 billion by 2028, registering a CAGR of 36.4% from 2021 to 2028, according to a new study conducted by Grand View Research, Inc. The existing networking technologies are complex and difficult to manage but easy for cybercriminals to intrude. The growing preference for remote working practices, increase in traffic across public clouds, and the rising dependence on data centers are further adding to the data security risks. At this juncture, the growing demand for ensuring secure access to data and networks is driving the need for advanced network approaches and technologies. The subsequent need for a unified and simplified approach to strengthen network security has resulted in the emergence of SASE.

SASE architecture comprises the capabilities of network security services, such as Zero Trust, FWaaS, and CASB, and software-defined WAN capabilities, combined in a unified platform to help organizations in ensuring easy and secure access to data and networks. SASE architecture simplifies the IT infrastructure and frees organizations from the burden of managing and periodically updating multiple security systems. SASE architecture also allows organizations to save on the costs incurred on procuring multiple security solutions and helps them in the quick implementation of data protection policies. All such benefits are driving the popularity of SASE frameworks among enterprises.

The COVID-19 pandemic and the subsequent restrictions on the movement of people imposed by various governments across the world have prompted organizations to switch to a remote working model. However, the remote working model has also triggered challenges related to managing the productivity of a flexible workforce and security governance. Organizations are also exposed to higher levels of cybersecurity risks than ever. As a result, organizations are looking forward to implementing robust security frameworks. The growing need to establish effective security frameworks while ensuring convenient access to information for employees using an integrated approach is expected to drive the adoption of SASE frameworks.

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Secure Access Service Edge Market Report Highlights

• The platform segment accounted for over 70% of the overall revenue share in 2020 as the growing preference for remote working continued to drive the demand for a unified security solution that can offer the capabilities of several network security services
• The demand for SASE was higher among IT & telecom enterprises in 2020 as the need to filter contents across edges and ensure efficient security framework management continued to drive the adoption of SASE among IT & telecom organizations
• North America dominated the global market in 2020 and is expected to remain dominant over the forecast period
• Aggressive IT spending, effective implementation of security standards, and the continued rollout of the digital workforce by organizations across the U.S. and Canada are some of the factors that are expected to drive the regional market

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Secure Access Service Edge Market Segmentation

Grand View Research has segmented the global secure access service edge market on the basis of component, application, and region:

SASE Component Outlook (Revenue, USD Million, 2020 - 2028)

• Platform
• Services

SASE Application Outlook (Revenue, USD Million, 2020 - 2028)

• IT & Telecom
• BFSI
• Manufacturing
• Retail & E-commerce
• Healthcare
• Government
• Energy & Utilities
• Others

SASE Regional Outlook (Revenue, USD Million, 2020 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • India
  • Japan
• Latin America
  • Brazil
  • Mexico
• MEA

List of Key Players of Secure Access Service Edge Market

• Barracuda Networks, Inc.
• Cato Networks
• Check Point Software Technologies Ltd.
• Cisco
• Hewlett Packard Enterprise Development LP
• McAfee, LLC
• Open Systems
• Palo Alto Networks
• Versa Networks, Inc.
• VMware, 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.

Peer-To-Peer Electric Vehicle Charging Market Plying for Significant Growth During 2021-2028: Grand View Research Inc.

 Peer-To-Peer Electric Vehicle Charging Market Growth & Trends

The global peer-to-peer electric vehicle charging market size is expected to reach USD 425,595.0 thousand by 2028, registering a CAGR of 21.9% from 2021 to 2028, according to a new report by Grand View Research, Inc. To eliminate the range anxiety issues of Electric Vehicles (EV), various governments are emphasizing the provision of funds for the development of peer-to-peer networks. For instance, the Government of the U.S. has established the Northeast Corridor Regional Strategy, under which it provides support for various activities, such as the development of Electric Vehicle (EV) charging infrastructures and peer-to-peer (P2P)) electric vehicle charging networks.

Various governments have mandated allotting space for EV charging in the parking spaces of residential complexes, which is expected to create new growth opportunities for the market. For instance, in August 2019, the U.K. proposed EV charger mandates for offices and new homes. Under this regulation, residential buildings with more than ten parking spaces under major renovations are expected to have dedicated charging spaces for EVs. Additionally, large nonresidential buildings with 20 parking spaces are expected to have one EV charger by 2025.

Many companies are partnering with energy and utility companies to extend the reach of their peer-to-peer EV charging solutions. For instance, in January 2020, EVmatch announced a pilot project with utilities based in the U.S. state of Vermont, such as Burlington Electric Department and Green Mountain Power. The aim of this initiative is to offer a logistical, affordable, and simple way for property owners to make EV charging available to multi-family residences.

The outbreak of the COVID-19 pandemic is expected to trigger the sales of automobiles, including electric cars, as consumers would prefer traveling in their personal cars to avoid exposure to coronavirus. Initiatives such as protection against job losses, deferred payments, and benefits offered by finance companies, such as 0% financing, are also expected to encourage the adoption of electric vehicles and subsequently trigger the demand for EV charging stations. Thus, the COVID-19 outbreak is positively impacting the P2P electric vehicle charging market growth.

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Peer-To-Peer Electric Vehicle Charging Market Report Highlights

• The level 1 charger segment is anticipated to register a significant growth owing to the increasing number of multi-unit dwellings installing level 1 charging stations
• The commercial segment is projected to register the highest CAGR over the forecast period owing to the increasing focus of companies such as The Coca-Cola Company and General Motors on making EV charging stations at their facilities open to public
• European manufacturers of electric utilities, such as Copenhagen Electric and Stromnetz Hamburg, are collaborating to deliver e-roaming services to EV drivers through projects such as evRoaming4EU, which bodes well for the growth of the market in this region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-peer-to-peer-electric-vehicle-charging-market

Peer-To-Peer Electric Vehicle Charging Market Segmentation

Grand View Research has segmented the global peer-to-peer electric vehicle charging market based on charger type, application, and region:

P2P Electric Vehicle Charging Charger Type Outlook (Revenue, USD Thousand, 2018 - 2028)

• Level 1
• Level 2

P2P Electric Vehicle Charging Application Outlook (Revenue, USD Thousand, 2018 - 2028)

• Residential
  • Private Homes
  • Apartments
• Commercial
  • Destination Charging Station
  • Fleet Charging Station
  • Workplace Charging Station
  • Others

P2P Electric Vehicle Charging Regional Outlook (Revenue, USD Thousand, 2018 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Netherlands
  • France
  • Norway
  • Germany
  • UK.
• Asia Pacific
  • China
  • South Korea
  • Japan
• Rest of the World

List of Key Players of Peer-To-Peer Electric Vehicle Charging Market

• Chargepoint Inc.
• ClipperCreek, Inc.
• Enel X
• EVBox
• EV Meter
• Greenlots
• has·to·be GmbH
• innogy
• Power Hero
• Webasto Group

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.

Mobile Payment Market Size Is Expected To Reach USD 273.1 Billion by 2028

 Mobile Payment Market Growth & Trends

The global mobile payment market size is expected to reach USD 273.1 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 31.8% from 2021 to 2028. The rising penetration rate of smartphones and the growing preference for contactless payments across the globe are expected to drive the growth of the market over the forecast period. Continued integration of biometric authentication into mobile payments also bodes well for the growth of the market. According to a study published by Biometric Update, the use of biometrics in mobile commerce, app-based purchase, and mobile device payments is expected to emerge into a market worth USD 3.0 trillion by 2025.

Solution providers are aggressively facilitating smart parking payment solutions. For instance, in February 2021, Google announced a new feature that allows users to pay for parking slots within Google Maps. The feature would be available for Android users in over 400 U.S. cities and would soon be rolled out for iPhones also. Transit companies are adopting mobile ticking aggressively, thereby contributing to the growth of the market. For instance, in August 2020, Saskatoon Transit, a mass transportation system provider, announced the rollout of a new service that allows people to buy tickets on their smartphones.

Smart speaker payments are gaining traction and are expected to play a vital role in driving the growth of the market. Leading developers of smart speaker payment solutions, including Amazon, Apple, and Google, are pursuing strategic initiatives, such as mergers and acquisitions and strategic partnerships, to promote the technology. For instance, in August 2019, NatWest, a retail banking company, announced a partnership with Google for a pilot project that envisages the company allowing its customers to carry out banking transactions from home using smart speakers or Google Assistant.

The outbreak of the COVID-19 pandemic is expected to have a positive impact on the market. The restrictions imposed by various governments across the globe on the movement of people as part of the efforts to arrest the spread of coronavirus and the growing preference among individuals to stay at home in the wake of the outbreak of the pandemic have particularly triggered a paradigm shift in the consumers’ shopping behaviors. Consumers are typically trying to avoid any physical contact while making payments and prefer contactless payments at the point of sale. According to the statistics provided by East West Bank, the usage of contactless payment modes in the U.S increased 150% over the year in 2020. Moreover, 87% of the consumers preferred using contactless payment options while shopping at stores.

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Mobile Payment Market Report Highlights

• The near field communication segment is anticipated to register the highest CAGR over the forecast period owing to the growing preference for NFC-based payment solutions among merchants and customers
• The B2C segment is anticipated to register the highest CAGR from 2021 to 2028 owing to the growing use of mobile devices for making personal payments
• The proximity payment segment is expected to register the highest CAGR over the forecast period owing to the rising adoption of payment solutions based on NFC, Wi-Fi, and Bluetooth connectivity
• The retail and e-commerce segment is expected to emerge as the fastest-growing segment over the forecast period owing to the increasing partnerships between mobile payment providers and retailers
• In Asia Pacific, the market accounted for the largest revenue share in 2020. Increasing use of smartphones for online shopping of packaged food and drinks is driving the market in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-mobile-payment-market

Mobile Payment Market Segmentation

Grand View Research has segmented the global mobile payment market based on technology, payment type, location, end use, and region:

Mobile Payment Technology Outlook (Revenue, USD Billion, 2016 - 2028)

• Near Field Communication
• Direct Mobile Billing
• Mobile Web Payment
• SMS
• Interactive Voice Response System
• Mobile App
• Others

Mobile Payment Type Outlook (Revenue, USD Billion, 2016 - 2028)

• B2B
• B2C
• B2G
• Others

Mobile Payment Location Outlook (Revenue, USD Billion, 2016 - 2028)

• Remote
• Proximity

Mobile Payment End-use Outlook (Revenue, USD Billion, 2016 - 2028)

• BFSI
• Healthcare
• IT & Telecom
• Media & Entertainment
• Retail & E-commerce
• Transportation
• Others

Mobile Payment Regional Outlook (Revenue, USD Billion, 2016 - 2028)

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

List of Key Players of Mobile Payment Market

• Google (Alphabet Inc.)
• Alibaba Group Holdings Limited
• com, Inc.
• Apple Inc.
• American Express Company
• M-Pesa
• Money Gram International
• PayPal Holdings, Inc.
• Samsung Electronics Co., Ltd.
• Visa Inc.
• WeChat (Tencent Holdings Limited)

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.