Podcasting Market Soaring Demand Assures Motivated Revenue Share By 2028

 Podcasting Market Growth & Trends

The global podcasting market size is estimated to reach USD 94.88 billion by 2028, expanding at an estimated CAGR of 31.1% from 2021 to 2028, according to a new report by Grand View Research, Inc. Podcasting is an episodic series of digital media, often audio, that can be listened to or watched over the internet or downloaded on a device. The increasing popularity of audio-on-demand platforms is the primary factor driving the market growth. Other factors contributing to the market growth include minimal entry barriers for creators and easy accessibility for users, as they can listen to podcasts while performing tasks such as cleaning, walking, gardening, traveling, or exercising.

The recent evolution of podcasting content, wherein various creators are discussing undebated global scenarios, is bringing about numerous growth opportunities for the market growth. The subscriber base of podcasts pertaining to racism, patriarchy, and political disputes, among others, is significantly growing, thereby encouraging companies and creators to come up with more content that taps diverse audiences. For instance, in February 2020, iHeartMedia Inc. launched a podcast network for the Latino community with an aim to create more Latinx-targeted content. The company also signed a co-production and distribution partnership with ReVolver, a podcast audio network channel, for the development and promotion of high-quality creative podcasts pertaining to the Hispanic community. Meanwhile, challenges such as limited mobile phone storage and low internet connectivity are likely to hinder the market growth over the forecast period.

The COVID-19 pandemic has unfolded new opportunities for the podcasting platform, where many creators are offering content with the sole purpose of educating the global population on the hidden long-term effects of the coronavirus. National public health organizations and private healthcare entities are also releasing podcasts to spread awareness among the masses about the prevention of the virus. For instance, the American Hospital Association (AHA) has released a podcast to talk about community health improvement during and after the COVID-19 pandemic.

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Podcasting Market Report Highlights

• Based on genre, the news and politics segment dominated with a revenue share of around 30.0% of the overall market in 2020. The increasing need for receiving updated information on the ongoing COVID-19 pandemic has resulted in the segmental growth
• Based on format, the solo segment is estimated to account for a reasonable share, expanding at a CAGR of over 30.0% from 2021 to 2028. Market entry is the easiest with this format as the host requires only basic equipment and related software to record podcasts
• Latin America is projected to record the fastest growth, registering a CAGR of around 35.0% from 2021 to 2028. This can be attributed to the increasing popularity of digital devices coupled with the accessibility of podcasting content offered in Spanish

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Podcasting Market Segmentation

Grand View Research has segmented the global podcasting market based on genre, format, and region:

Podcasting Genre Outlook (Revenue, USD Billion, 2018 - 2028)

• News & Politics
• Society & Culture
• Comedy
• Sports
• Others

Podcasting Format Outlook (Revenue, USD Billion, 2018 - 2028)

• Interviews
• Panels
• Solo
• Repurposed Content
• Conversational

Podcasting Regional Outlook (Revenue, USD Billion, 2018 - 2028)

• North America
  • US
  • Canada
• Europe
  • UK.
  • Nordic Countries
• Asia Pacific
  • China
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa

List of Key Players of the Podcasting Market

• com, Inc.
• Apple, Inc.
• iHeartMedia Inc.
• Megaphone LLC
• Pandora Media, LLC
• Audacy, Inc.
• Soundcloud Limited
• Spotify AB
• Stitcher
• TuneIn, 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.

Online Tutoring Services Market Booming Trends and Forecast Assessment for the Period 2021 to 2028

 Online Tutoring Services Market Growth & Trends

The global online tutoring services market size is expected to reach USD 18.18 billion by 2028, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 15.6% from 2021 to 2028. Online tutoring refers to the process of tutoring in an online, networked, or virtual environment where learners and tutors are present virtually. It has gained popularity with the ever-increasing use of internet services worldwide. Increased internet data transfer speed has enabled tutors and learners to engage online simultaneously. Furthermore, the rapid adoption of smartphones is one of the significant factors driving the adoption of online teaching services worldwide as it enables learning to take place regardless of the geographic location. For instance, Varsity Tutors, a U.S.-based education company, offers a mobile application for live tutoring and instructions. It provides an expert’s assistance from anywhere and lets learners manage their tutoring sessions.

Schools, universities, and other learning institutes have been encouraged to follow distance education and work remotely with their students amid the COVID-19 pandemic. The adoption of distance learning owing to the outbreak of the pandemic has impacted the industry’s growth favorably. For instance, in March 2020, Varsity Tutors released a free product called Virtual School Day for students and parents. It offers over 20 hours of live online classes across various subjects for students up to the 12^th grade. It also has special sessions for each age group. Thus, online tutoring service providers have positively leveraged the pandemic situation as educational institutes have been closed in many states and countries.  

The market has benefitted from the onset of analytical applications to customize tutoring services. For instance, content designers leverage analytical tools to develop content tailored to the requirements of learners. Such content development is fulfilled based on individual students’ interests, performances, and subject understanding. For instance, Kaplan, Inc., an American for-profit educational services corporation, provides online customization tools for learners enrolled in test preparation courses. This trend of growing customization in tutoring services is anticipated to trigger market growth owing to the formative assessment features of these services.

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Online Tutoring Services Market Report Highlights

• The increasing adoption of mobile phones and tablets by students and parents has led to the impulsive growth of mobile learning methods
• The increasing deployment of personalized tutoring and live sessions can be attributed to benefits such as better tutor-student engagement
• Online tutoring service providers have leveraged the outbreak of the COVID-19 pandemic as an opportunity to introduce an ideal learning method amid the crisis
• Remote access and a convenient medium of learning are the key advantages encouraging students to adopt online tutoring services. Furthermore, the inclusion of the feedback feature in mobile educational apps has enabled students to receive personalized support from the service providers

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Online Tutoring Services Market Segmentation

Grand View Research has segmented the global online tutoring services market based on tutoring type, course type, duration, and region:

Online Tutoring Services Tutoring Type Outlook (Revenue, USD Million, 2018 - 2028)

• Structured Tutoring
• On-Demand Tutoring

Online Tutoring Services Course Type Outlook (Revenue, USD Million, 2018 - 2028)

• Language Courses
• Science, Technology, Engineering, and Mathematics (STEM) Courses
• Others

Online Tutoring Services Duration Outlook (Revenue, USD Million, 2018 - 2028)

• Short-Term Courses
• Long-Term Courses

Online Tutoring Services Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
  • France
• Asia Pacific
  • China
  • Japan
  • India
• South America
  • Brazil
• Middle East & Africa (MEA)

List of Key Players of the Online Tutoring Services Market

• Ambow Education
• ArborBridge
• Beijing Magic Ears Technology Co., Ltd
• BYJU'S
• Chegg Inc.
• Club Z! Inc.
• iTutorGroup
• Qkids Teacher
• Varsity Tutors
• com

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.

Zirconia Based Dental Materials Market Insights Business Opportunities, Current Trends And Forecast 2028: Grand View Research Inc.

 Zirconia Based Dental Materials Market Growth & Trends

The global zirconia based dental materials market size is expected to reach USD 364.3 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. The market growth is due to the characteristics such as high mechanical and biocompatibility of zirconia material, rapid rise in the geriatric population, and increased outsourcing to dental laboratories for customized prosthetic solutions.

Zirconia, commonly known as zirconium dioxide, is a white crystalline oxide of zirconium. It is a ceramic oxide that may be produced in a variety of hues. Zirconium dioxide is recommended as a dental material because it is chemically inert. Zirconia dental goods have numerous advantages, including natural and white color, excellent fracture toughness, hardness, and wear resistance. zirconium dioxide is used in dental crowns.

Zirconium dioxide is five times more powerful than porcelain and more durable. As a result, it is a better alternative for patients who have difficulties such as crushing their teeth, biting their nails, and chewing their gums excessively, contributing to market growth. Zirconia has been used in prosthetic dentistry to make crowns and fixed partial dentures using computer-aided design/Computer-aided Manufacturing (CAD/CAM) methods.

The introduction of new technology systems, as well as novel materials such as zirconium dioxide, into the educational curriculum created new difficulties. Thus, the rapid appearance of a large number of materials causes a shortage of professional employees with sufficient training, resulting in a rise in working time while expenses remain high. Zirconia, in various forms, has been used to replace metal-ceramic restorations since its discovery as a dental material. It is apparent that the use of ceramic-zirconia restorations over metal-ceramic restorations is more appropriate owing to biocompatibility and the look is as near to real teeth as feasible.

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Zirconia Based Dental Materials Market Report Highlights

• The zirconia dental disc segment held the largest revenue share of 62.0% in 2020. Zirconium dioxide material is five times stronger than porcelain and is highly durable. When a patient is allergic to metals, zirconia frameworks are a great option
• The dental crowns segment dominated the market and accounted for the largest revenue share in 2020
• North America dominated the market and accounted for the largest revenue share of 38.0% in 2020. The major drivers of the growth are technological advancement and increase in the number of individuals opting for dental procedures
• In Asia Pacific, the market is expected to witness substantial growth over the forecast period due to the expanding elderly population, rising dental tourism, increased number of dental laboratories, and growing outsourcing of many manufacturing services in the area

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Zirconia Based Dental Materials Market Segmentation

Grand View Research has segmented the global zirconia based dental materials market based on product, application, and region:

Zirconia Based Dental Materials Product Outlook (Revenue, USD Million, 2016 - 2028)

• Zirconia Dental Disc
• Zirconia Dental Block

Zirconia Based Dental Materials Application Outlook (Revenue, USD Million, 2016 - 2028)

• Dental crowns
• Dental bridges
• Dentures

Zirconia Based Dental Materials Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Zirconia Based Dental Materials Market

• 3M ESPE
• GC America
• SAGEMAX
• Huge Dental
• Zirkonzahn
• Pritidenta
• KURARAY NORITAKE DENTAL INC.
• Glidewell Laboratories
• Aurident
• Dentsply Sirona

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.

Eyewear Market Size Worth $278.95 Billion By 2028

 

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The rising popularity of fast fashion among millennials is encouraging eyewear manufacturers to design affordable and attractive eyewear. To quickly respond to fast fashion trends and attract fashion enthusiasts, eyewear designers regularly come up with new designs and patterns. This offers new revenue generation opportunities to companies by acquiring new customers and ensuring continuous business relations with existing customers. Eyewear providers are diversifying their service offerings to enhance the customer buying experience and to build better business relations.

Reasons To Say “NO” To Tobacco

 

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It has been observed that the number of smokers has been rising at the global level. This trend is further propelled by the launch of new products, including various flavored tobacco products such as clove cigarettes and menthol cigars. These factors together are expected to drive the market over the next few years. Moreover, over the past few years, with consumers gradually inclining toward smoking alternatives, the introduction of innovative tobacco products in varied taste options has become imperative. As a result, manufacturers have focused on premium tobacco products produced with flue-cured tobacco and fine whole leaf.

Livestock Monitoring Market Major Key Players And Latest Trend Analysis Till 2028: Grand View Research Inc.

 Livestock Monitoring Market Growth & Trends

The global livestock monitoring market size is expected to reach USD 13.50 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.56% from 2021 to 2028. An increase in the population of livestock animals, coupled with the farmer’s focus on increasing yield and productivity, is the key contributor to the market growth.

The key advantages of livestock monitoring such as milk harvesting, feeding management, animal health monitoring, and behavior monitoring are anticipated to drive the market. Furthermore, there is an increase in the adoption of internet of things (IoT) and artificial intelligence (AI) by livestock farmers. This is due to an increase in internet penetration and widespread technological advancement.

There is an increased demand for animal products and thus several countries are focusing on livestock rearing. This has led to an increase in the livestock population. In addition, a prevalence of zoonotic diseases is fueling the growth of the market. This is because these disease outbreaks in the livestock can be major socioeconomic threats, resulting in production loss and disruption of local markets, rural economy, and international trade. Factors like these are expected to encourage the adoption of livestock monitoring systems among livestock owners.

The COVID-19 pandemic has triggered an unexpected crisis in the general agricultural processing industries and the processing of dairy products. The onset of the pandemic has caused tremendous economic losses to the beef, pork, poultry, and dairy industries worldwide. As the COVID-19 virus spread across the globe, several industries evaluated its impact on their businesses. Given the increased demand for goods as consumers stocked up for possible quarantines or restricted their visits to the grocery stores, companies faced challenges to cope with the increasing demand and protect the supply chain. However, with the improving situations, the market is expected to witness growth in the coming years.

Industry players are involved in strategies including mergers & acquisitions, collaborative agreements, and geographic expansion to gain an edge over the competition. For instance, in February 2021, Fancom announced an enhanced version of the light control for Lumina 38H and 36/38 poultry computers. In another instance, in February 2021, MSD Animal Health announced the acquisition of PrognostiX Poultry Limited, a provider of health and environmental monitoring solutions for the poultry business, which expanded its product portfolio.

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Livestock Monitoring Market Report Highlights

• The cattle animal type segment held the largest share of over 45.0% in 2020 owing to the rising demand for beef and dairy products
• The software component segment is expected to witness the fastest growth over the forecast period. This is because the software has promoted interoperability between different data management systems and ultimately added value for customers
• The feeding management application segment accounted for the largest revenue share of more than 27.0% in 2020. This can be attributed to the high demand for feeding management to monitor the food intake of the animal
• North America dominated the market with a revenue share of over 31.0% in 2020 due to the presence of well-established companies and technologically advanced infrastructure
• Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the presence of the high potential and rapidly growing economies, including India, Japan, and China, in this region

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Livestock Monitoring Market Segmentation

Grand View Research has segmented the global livestock monitoring market on the basis of animal type, component, application, and region:

Livestock Monitoring Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

• Cattle
• Poultry
• Swine
• Equine
• Others

Livestock Monitoring Component Outlook (Revenue, USD Million, 2016 - 2028)

• Hardware
• Software
• Services

Livestock Monitoring Application Outlook (Revenue, USD Million, 2016 - 2028)

• Milk Harvesting
• Breeding Management
• Feeding Management
• Animal Health Monitoring & Comfort
• Heat Stress
• Behavior Monitoring
• Others

Livestock Monitoring Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Livestock Monitoring Market

• DeLaval Inc
• GEA Group Aktiengesellschaft Ottobock
• Afimilk Ltd.
• Sensaphone
• BouMatic
• MSD Animal Health
• Dairymaster
• Fancom BV
• Lely
• Fullwood Packo

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.

Workflow Management System Market Size Is Expected To Reach USD 55.35 Billion by 2028

 Workflow Management System Market Growth & Trends

The global workflow management system market size is expected to reach USD 55.35 billion by 2028, registering a CAGR of 30.6% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. The rising need for modernizing business processes along with the continued adoption of the latest technologies across various industries such as BFSI, healthcare, retail, IT and telecom, and transportation is anticipated to boost the demand for workflow management systems from 2021 to 2028. Workflow automation helps businesses in automating their daily processes and tasks, reducing human errors, and subsequently augmenting the revenues.

Further, the growing demand for enhanced and efficient operational solutions, which is leading to an increase in sophistication of solutions and services, is anticipated to drive the demand for workflow management systems. Furthermore, advantages offered by the systems, such as real-time tracking, less energy consumption, integrated processes, and data center consolidation, are estimated to drive the market growth. Organizations across the globe are focusing on increasing their business operations as they want to cater to the larger market, hence driving the need for workflow management systems.

The growing trend of remote working and collaborative approaches has resulted in an increased demand for solutions such as remote-ready workflow management and COVID-19 assessment tracker. The market players are trying to exploit this opportunity by offering tracking software and remote-ready workflow management systems as a part of their efforts to increase their customer base. For instance, in April 2020, Kissflow, a provider of workflow and business process management software, announced the launch of a COVID-19 self-assessment tracker app. This app enables organizations to check their employees periodically for COVID-19 symptoms. It also sends employees a list of risk assessment questions (suggested by the CDC (U.S.)) that helps determine an individual’s symptoms and identify appropriate medical care. Furthermore, during the same time, the company also announced the launch of the Remote Work Readiness Survey app, which helped organizations understand the feasibility of allowing employees to work remotely.

The rising adoption of automation and process management solutions across North America is expected to drive the growth of the regional market. Aggressive investments in information technology, a strong emphasis on digital transformation, and a growing preference for cloud technology across the region, particularly in Canada and the U.S., are also expected to contribute to the growth of the regional market over the forecast period.

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Workflow Management System Market Report Highlights

• The software segment is anticipated register the fastest growth over the forecast period. This is owing to as companies continue to grow, the nature of their business is transforming and companies handling larger volumes of data and additional functionalities
• The cloud segment is anticipated to be fastest-growing market from 2021 to 2028. The preference for cloud deployment is growing as cloud deployment offers flexibility, real-time software updates, and work-from-anywhere capabilities, among other benefits
• The IT and telecom segment is anticipated to be fastest-growing market from 2021 to 2028. Telecom workflow management systems can potentially make the conventional IT and telecom systems extensible and flexible by assisting in accurately managing, tracking, and reporting all IT and software assets, including mobile and fixed telecom assets. Hence, the IT and telecom segment is anticipated to exhibit substantial growth over the forecast period
• Some of the prominent participants in the industry are International Business Machines Corporation; Newgen Software Technologies Limited; Nintex UK Ltd.; Oracle Corporation; Appian; Pegasystems Inc.; Xerox Corporation; and Software AG

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Workflow Management System Market Segmentation

Grand View Research has segmented the global workflow management system market based on component, software, service, deployment, vertical, and region:

Workflow Management System Component Outlook (Revenue, USD Million, 2018 - 2028)

• Software
• Service

Workflow Management System Software Outlook (Revenue, USD Million, 2018 - 2028)

• Production Workflow Systems
• Messaging-based Workflow Systems
• Web-based Workflow Systems
• Suite-based Workflow Systems
• Others

Workflow Management System Service Outlook (Revenue, USD Million, 2018 - 2028)

• Consulting
• Integration
• Training & Development

Workflow Management System Deployment Outlook (Revenue, USD Million, 2018 - 2028)

• Cloud
• On-Premise

Workflow Management System Vertical Outlook (Revenue, USD Million, 2018 - 2028)

• BFSI
• Healthcare
• Retail
• IT & Telecom
• Transportation
• Others

Workflow Management System Regional Outlook (Revenue, USD Million, 2018 - 2028)

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

List of Key Players of the Workflow Management System Market

• International Business Machines Corporation
• Newgen Software Technologies Limited
• Nintex UK Ltd.
• Oracle Corporation
• Appian
• Pegasystems Inc.
• Xerox Corporation
• Software AG

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.

Car Rental Market Poised to Expand at a Robust Pace Over 2028: Grand View Research Inc.

 Car Rental Market Growth & Trends

The global car rental market size is anticipated to reach USD 141.17 billion by 2028, registering a CAGR of 4.6% from 2021 to 2028, according to a new study by Grand View Research, Inc. Considerable growth in the world tourism sector is one of the critical factors propelling the market growth. Additionally, increasing pollution, rising car prices, and the cost-effective nature of car rental services are some of the other key factors boosting the growth of the market.

The market has witnessed significant attention in the last decade due to the increased use of smartphone-based online booking applications. Bookings/reservations through rental stations have witnessed a decline in recent years since online booking allows users to plan and book vehicles quickly and in advance. Also, the internet offers a convenient way to browse through various websites of car rental providers and get access to numerous options and offers.

Car rental operators in developed countries, such as the U.S., are increasingly implementing advanced technology solutions to streamline their processes. Some of the key market players are using smartphone applications to promote discounts and offer information such as real-time car tracking as well as the availability of the vehicle. Industry participants in the moderately fragmented market compete on the basis of pricing, location, fleet size, and marketing expertise.

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Car Rental Market Report Highlights

• Car rental providers across the globe are focusing on implementing various technologies for training, sales and marketing, and customer support to stand out among competitors and enable better communication with their customers
• Rising environmental concerns and awareness regarding low emission vehicles are shifting consumer preference toward vehicle rental options
• The evolution of ‘Bleisure’ is one of the prominent emerging trends in the travel and tourism sector, which refers to a combination of business and leisure trips. This trend is anticipated to drive the market among business and leisure travelers
• Prominent players are focusing on having their reach across the globe, in an attempt to cater to the customer needs and acquire a higher customer base

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Car Rental Market Segmentation

Grand View Research has segmented the global car rental market by vehicle type, application, and region:

Car Rental Vehicle Type Outlook (Revenue, USD Million, 2018 - 2028)

• Luxury Cars
• Executive Cars
• Economy Cars
• SUVs
• MUVs

Car Rental Application Outlook (Revenue, USD Million, 2018 - 2028)

• Local Usage
• Airport Transport
• Outstation
• Others

Car Rental Regional Outlook (Revenue, USD Million, 2018 - 2028)

• North America
  • US.
• Europe
  • France
  • Germany
  • UK.
• Asia Pacific
  • Japan
  • Korea
  • China
  • India
• South America
• Middle East & Africa

List of Key Players of the Car Rental Market

• Enterprise Rent-A-Car
• The Hertz Corporation
• Sixt
• Europcar
• Avis Budget 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.

Pay TV Market Size Is Anticipated To Reach USD 265.44 Billion by 2028

 Pay TV Market Growth & Trends

The global pay TV market size is anticipated to reach USD 265.44 billion by 2028, exhibiting a CAGR of 1.7% over the forecast period, according to a new report by Grand View Research, Inc. Rising competition from OTT media providers is promoting pay TV operators to disrupt existing business models and strategize more efficient profit generation methodologies. Additionally, emerging players, such as MOBITV, offer customized, cost-effective, and flexible options to their customers according to their demands, thus ensuring customer satisfaction. This is expected to promote new and existing players to diversify their existing service offerings and ensure healthy competition in the market. 

The IPTV segment is expected to witness significant market growth over the forecast period due to the advent of 5G technology. Increased bandwidth and enhanced ability to build virtual end-to-end networks for specific applications is a major driving factor for the industry growth. Additionally, the rapid proliferation of the 5G delivery model in emerging economies is expected to provide consumers with a high-definition 4K viewing experience. Moreover, the adoption of 5G integrated with IPTV services is expected to enable the hospitality industry to improve its service offerings. The technology is expected to facilitate more efficient data collection, analysis, and optimization; to offer a more personalized TV viewing experience to its guests.

Furthermore, Multi-access Edge Computing (MEC) technology is expected to bring content and applications closer to the network edge, thus reducing latency and enable service optimization. MEC facilitates users to access content with minimum delay and increase IPTV network capacity via Software-Defined Networks (SDN), which improves the user’s quality of experience, thus offering encouraging growth prospects to the market. Additionally, MEC is also expected to offer enhanced security to the network system by safeguarding viewers’ information and television viewing trends, which is expected to offer an impetus to the market growth.

Rising demand amongst customers to access television viewing experience from anywhere in the world on various devices such as mobile phones and tabs is promoting service providers to adopt cloud computing methodologies. Cloud computing offers a flexible and unified platform to holistically manage content monetization and security, thus enabling service providers to simplify business practices. Furthermore, the adoption of cloud technology also enables service providers to leverage the ‘as-a-service’ business model, thereby helping to generate new and sustained revenue streams.

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Pay TV Market Report Highlights

• The IPTV segment is expected to witness the highest CAGR of more than 8%, owing to augment of OTT media platforms and its high adoption rate amongst customers
• Satellite TV segment will continue to witness incrementing market growth. This growth can be associated with the provision of offering customers with low-priced access to live coverage of important events
• The Asia Pacific region is expected to emerge as the fastest-growing regional market due to comparatively lower internet rates and daily upgrades being made, thus ensuring easier access to consumers
• Some of the key players in the market are DIRECTV, DISH Network Corporation, Carter Communications, Foxtel, and Comcast Corporation

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Pay TV Market Segmentation

Grand View Research has segmented the global pay TV market based on technology and region:

Pay TV Technology Outlook (Subscribers, Million; Revenue, USD Billion, 2018 - 2028)

• Cable TV
• Satellite TV
• Internet Protocol Television (IPTV)

Pay TV Regional Outlook (Subscribers, Million; Revenue, USD Billion, 2018 - 2028)

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

List of Key Players of Pay TV Market

• DIRECTV
• DISH Network Corporation
• Carter Communications
• Foxtel
• Comcast Corporation

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.

Automotive Infotainment Market to Exhibit Impressive Growth During 2021 – 2028: Grand View Research Inc.

 Automotive Infotainment Market Growth & Trends

The global automotive infotainment market size is expected to reach USD 12.57 billion by 2028, registering a CAGR of 8.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increasing demand for autonomous vehicle technology, automotive cockpit electronics, and advanced safety features such as advanced driver assistance systems is anticipated to drive the growth. The growing demand for enhanced in-vehicle experience and shifting consumer buying behavior and the worldwide expansion of the luxury and premium car segments are also likely to fuel the growth of the market.

The growing number of millennials opting for small and medium-sized cars is expected to boost the growth of the market growth. Furthermore, consumers are inclined to buy these cars, compared to premium cars, owing to their cost-effectiveness. In addition to this, the introduction of medium-sized SUVs has further encouraged the market growth as consumers can buy a bigger-sized vehicle at a lower cost.

Automotive infotainment technology is expected to gain significant demand as major automotive components and solution providers are engaging in developing complete automotive infotainment solutions. For instance, in May 2021, BMW AG announced iDrive 8, the latest infotainment system for its vehicles. The new iDrive 8 provides enhanced voice-recognition software and a massive touchscreen with multiple new features. It will be initially debuted on the new electric i4 sedan and iX SUV.

The introduction of Artificial Intelligence (AI)-based infotainment systems is also expected to contribute to the market growth. However, the market is characterized by a negligible regulatory framework regarding product manufacturing, resulting in counterfeit and low-quality products. Such negative trends are expected to hinder the market growth.

Emerging economies such as China and India are expected to contribute significantly to the growth of the market for automotive infotainment. The development is characterized by the increase in the adoption of mid-sized cars, which enables automotive companies to offer infotainment products for this car segment.

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Automotive Infotainment Market Report Highlights

• The head-up displaysegment is expected to expand at the highest CAGR of around 10% over the forecast period owing to the integration of augmented reality for enhanced safety and driving experience
• The OF fitted segment dominated the market in 2020 and is anticipated to generate over USD 9.6 billion by 2028 owing to the benefits such as easier servicing and maintenance
• The passenger car segment accounted for the largest revenue share of around 80% of the overall market in 2020. The increasing demand for connected carfeatures in passenger vehicles and the onset of autonomous vehicles are expected to drive the growth of this segment
• Asia Pacific accounted for the largest market share in 2020. The regional market growth can be attributed to the increased production and sales of passenger vehicles in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-automotive-infotainment-systems-market

Automotive Infotainment Market Segmentation

Grand View Research has segmented the global automotive infotainment market based on product type, fit type, vehicle type, and region:

Automotive Infotainment Product Type Outlook (Volume, Units; Revenue, USD Billion, 2016 - 2028)

• Audio Unit
• Display Unit
• Heads-Up Display
• Navigation Unit
• Communication Unit

Automotive Infotainment Fit Type Outlook (Volume, Units; Revenue, USD Billion, 2016 - 2028)

• OE Fitted
• Aftermarket

Automotive Infotainment Vehicle Type Outlook (Volume, Units; Revenue, USD Billion, 2016 - 2028)

• Passenger Cars
• Commercial Vehicles

Automotive Infotainment Regional Outlook (Volume, Units; Revenue, USD Billion, 2016 - 2028)

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

List of Key Players in the Automotive Infotainment Market

• Alpine Electronics
• Clarion Co., Ltd.
• Continental AG
• Delphi Automotive PLC
• Denso Corporation
• Harman International
• JVC KENWOOD Corporation
• Panasonic Corporation
• Pioneer Corporation
• Visteon Corporation

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.

B2C E-commerce - The Online Shopping Boom, Explained

 

Know More- https://www.grandviewresearch.com/industry-analysis/b2c-e-commerce-market

The growth can be attributed to the rising disposable income, global per capita income, and expanding internet penetration. The increasing technological adoption accompanied by the easy availability of smartphones has enabled the e-commerce sector to be more reachable and efficient. The increasing use of social networks is further driving the demand for online purchasing of various products and services. The market is expected to witness high growth over the forecast period mainly due to growing digital dependency and the convenience of shopping on online platforms. It has evolved amid a busy lifestyle and an overabundance of options available to shop from the comfort of home.

Revolutionize Agriculture With Vertical Farming

 

Know More- https://www.grandviewresearch.com/industry-analysis/vertical-farming-market

This is attributed to the growing adoption of environment-friendly production of fruits and vegetables. The unprecedented growth of the global population has increased the demand for urban agriculture. Vertical farming is the practice of producing food in a vertically stacked-layer such as a used warehouse, skyscraper, or shipping container. Organic foods are perceived as healthier, nutritious, safer, and more environmentally friendly. A critical factor that influences the demand for organic food is the food purchasing behavior of consumers, which is essential for producers, policymakers, and suppliers to implement successful marketing strategies.

Antibody Drug Conjugate Market Significant Profits Estimated to be Generated by 2028: Grand View Research Inc.

 

Antibody Drug Conjugate Market Growth & Trends

The global antibody drug conjugate market size is expected to reach USD 23.9 billion by 2028, according to a new report by Grand View Research Inc. The market is expected to grow at a CAGR of 23.7% from 2021 to 2028. Increasing investment in R&D and advancements in linker technology are expected to boost the growth of the antibody drug conjugates (ADCs) market.

Antibody-drug conjugates are a novel category of drugs composed of an antibody linked to a cytotoxic drug with a linker. Conventional chemotherapy is intended to kill fast-growing tumor cells. However, it can also damage healthy proliferating cells, which may produce undesirable effects. In contrast, ADCs are designed to increase the efficacy of treatment and decrease the systemic toxicity of chemotherapy drugs. Major players are entering into partnerships for the development & commercialization of these products. For instance, in July 2020, AstraZeneca collaborated with Daiichi Sankyo to develop and commercialize its new ADC candidate, DS-1062, which is in phase 1 trials for triple-negative breast cancer and Non-Small Cell Lung Cancer (NSCLC).

One of the major factors responsible for the growth of the ADCs market is the rising incidence and prevalence of cancer coupled with the growing geriatric population. According to the Cancer Research U.K., during 2015-2017, on average, nearly 36% of new cases were reported among people aged 75 years & above, each year. It is further estimated that by 2035, almost 46% of all cancer cases will be among people in the age group of 75 years & above. Moreover, the rise in the prevalence of cancer in emerging countries further boosts growth. According to Globocan, in 2020, approximately 49.2% of global cancer cases were registered in Asia. Thus, this region remains a major untapped market for ADCs.

ADCs manufacturing is a complicated and expensive process, which requires high capital investment and trained operators, stringent GMP, and high operational difficulties. Challenges in downstream processing of ADCs might restrict the market growth. These include handling MAb-linker-drug binding chemistries, balancing & combining optimal MAb specificity, preventing premature toxin release, and controlling the release of intracellular toxin. Furthermore, the lack of availability of reimbursement policies in developing economies is expected to restrict market growth.

Mergers and acquisitions are one of the key strategies employed by key players to increase their market share. For instance, in December 2020, Boehringer Ingelheim acquired NBE-Therapeutics for USD 1.44 billion. NBE-Therapeutics’ expertise in proprietary platforms for ADC development is expected to help Boehringer Ingelheim in the development of ADC drugs.

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Antibody Drug Conjugate Market Report Highlights

• Breast cancer was the largest revenue-generating segment in 2020 due to a high number of approved ADC products, approval of Kadcyla for early-stage breast cancer, and a high target patient population
• The cleavable linker segment dominated the market in 2020 due to its wide adoption in ADC’s product development
• Most of the pipeline and commercially available ADCs are based on cleavable linker technology
• Asia Pacific is expected to witness the fastest CAGR over the forecast period
• This growth can be credited to the increasing investments in R&D by local players and the rising geriatric population in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-antibody-drug-conjugates-market

Antibody Drug Conjugate Market Segmentation

Grand View Research has segmented the global antibody drug conjugate market on the basis of application, technology, and region:

ADCs Application Outlook (Revenue, USD Million, 2017 - 2028)

• Blood Cancer
  • Leukemia
  • Multiple Myeloma
  • Lymphoma
• Breast Cancer
• Urothelial Cancer & Bladder Cancer
• Others

ADCs TechnologyOutlook (Revenue, USD Million, 2017 - 2028)

• Cleavable Linker
• Non-cleavable Linker
• Linkerless

ADCs Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Antibody Drug Conjugate Market

• Takeda Pharmaceutical Company Ltd.
• Hoffmann-La Roche Ltd.
• Pfizer, Inc.
• AstraZeneca
• Gilead Sciences, Inc.
• Astellas Pharma
• Seagen, Inc.
• Daiichi Sankyo Company Ltd.
• GlaxoSmithKline Plc
• ADC Therapeutics

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.