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Monday, 25 October 2021

Smart Agriculture Market Industry Analysis , Opportunity Assessment And Forecast Till 2028: Grand View Research Inc.

Smart Agriculture Market Growth & Trends

The global smart agriculture market size is anticipated to reach USD 29.18 Billion by 2028, expanding at a CAGR of 10.6%, according to a new report by Grand View Research, Inc. Factors such as consistent growth in population, low availability of cultivable land, government incentives, and demand for fresh and high-quality food are expected to drive the smart greenhouse market. According to World Health Organization (WHO) and Population Council, 80% of the global population resides in urban cities. The prevailing scarcity of land in urban cities has urged growers to adopt new solutions for developing fresh produces. For instance, the vertical farming technique enables consumers to grow crops indoor in layers, in a multi-story building, stacked on racks, or in a warehouse.

The growing population is expected to result in an increased food demand by 2050. Farmers are likely to witness immense pressure in increasing crop production either by making more land available to grow crops or adopting newer techniques, such as smart agriculture and vertical farming. Traditional farming techniques witness several barriers such as climate change, high labor cost. These disadvantages can be overcome with the use of technologies such as LED indoor farming, which creates a nature-like condition to help farmers meet the swelling food demand. Additionally, the changing preference of consumers toward healthier and fresh foods is expected to drive market growth over the forecast period.

Agri M2M offers significant opportunities to mobile operators owing to its potential to generate additional revenue through value-added services. For instance, bundling M2M services with a voice or data offering for rural enterprise customers is likely to enhance the application of M2M.

Agri VAS has been developed to overcome the information gap faced by farmers in emerging markets such as China and India. Additionally, it also helps in connecting the cultivators with other key players in the agriculture supply chain. Agriculture Value Added Services (VAS) have increased over the past few years owing to their rising awareness among VAS providers, mobile operators, and farmers. A few types of M2M connectivity include cellular M2M, satellite & fixed network, power line, and short range connections such as Wi-Fi, Ethernet, and ZigBee.

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Smart Agriculture Market Report Highlights

The growing trend of producing biopharmaceutical products under a controlled environment is expected to drive the smart greenhouse market demand over the projected period.
The software segment is expected to portray the highest growth rate, registering a CAGR of 16.7% over the forecast period.
The LED grow light segment is anticipated to witness a considerable growth rate over the forecast period.
The indoor farming technique makes use of LED to create natural surroundings for growing vegetables and herbs.
The advent of modern agriculture technology along with the flexible pricing of connected devices is likely to influence the South American regional market demand.
Various organizations are investing heavily in R&D to offer efficient and low-cost solutions to consumers.
Key players in the smart agriculture market include CropMetrics LLC (U.S.), Drone Deploy (U.S.), DeLaval International AB (Sweden), DICKEY-john Corporation (U.S.), and Farmers Edge, Inc. (Canada), among others.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-smart-agriculture-farming-market

Smart Agriculture Market Segmentation

Grand View Research has segmented the global smart agriculture market based on agriculture type, offering, application, and region:

Smart Agriculture Agriculture Type Outlook (Revenue, USD Million, 2017 - 2028)

Precision farming
Livestock monitoring
Smart greenhouse
Others

Smart Agriculture Offering Outlook (Revenue, USD Million, 2017 - 2028)

Hardware
- Automation & control systems
  - Drones
  - Application control devices
  - Guidance system
    - GPS
    - GIS
  - Remote sensing
    - Handheld
    - Satellite sensing
  - Driverless tractors
  - Mobile devices
  - VRT
    - Map-based
    - Sensor-based
  - Wireless modules
    - Bluetooth technology
    - Wi-Fi technology
    - Zigbee technology
    - RF technology
  - Milking robots
- Sensing devices
  - Soil sensor
    - Nutrient sensor
    - Moisture sensor
    - Temperature sensor
  - Water sensors
  - Climate sensors
  - Others
- HVAC system
- LED grow light
- RFID tags & readers
Software
- Web-based
- Cloud-based
Services
- System integration & consulting
- Maintenance & support
- Managed services
  - Data services
  - Analytics services
  - Farm operation services
- Assisted professional services
  - Supply chain management services
  - Climate information services

Smart Agriculture Application Outlook (Revenue, USD Million, 2017 - 2028)

Precision farming application
- Yield monitoring
  - On-farm
  - Off-farm
- Field mapping
- Crop scouting
- Weather tracking & forecasting
- Irrigation management
- Inventory management
- Farm labor management
Livestock monitoring application
- Milk harvesting
- Breeding management
- Feeding management
- Animal comfort management
- Others
Smart greenhouse application
- Water & fertilizer management
- HVAC management
- Yield monitoring
- Others

Smart Agriculture Regional Outlook (Revenue, USD Million, 2017 - 2028)

North America
- US.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Russia
Asia Pacific
- China
- India
- Japan
- Australia
South America
- Brazil
Middle East and Africa (MEA)
- Turkey

List of Key Players of Smart Agriculture Market

Ag Leader Technology
AGCO Corporation
AgJunction, Inc.
AgEagle Aerial Systems Inc.
Autonomous Solutions, Inc.
Argus Control Systems Ltd
BouMatic Robotic B.V.
CropMetrics
CLAAS KGaA mbH
CropZilla
Deere & Company
DICKEY-john
DroneDeploy
DeLaval Inc.
Farmers Edge Inc.
Grownetics, Inc.
Granular, Inc.
Gamaya
GEA Group Aktiengesellschaft
Raven Industries
SST Development Group, Inc.
Trimble Inc.
The Climate Corporation
Topcon

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.

Anime Market Will Target Emerging Markets by 2028: Grand View Research Inc.

Anime Market Growth & Trends

The global anime market size is expected to reach USD 48.03 billion by 2028, registering a CAGR of 9.5% from 2021 to 2028, according to a new study by Grand View Research, Inc. The growth of the market can be attributed to the rising popularity of anime content worldwide. The launch of application games and the growing preference for online distribution of anime content, which are accounting for a major share of overseas sales, are expected to contribute to the growth. Meanwhile, anime companies are aggressively opting for various digital channels to release their content as theaters remain closed in the wake of the outbreak of the COVID-19 pandemic in most of the regions across the world.

Advances in technology are allowing anime content developers to enhance the capabilities of their solutions. Anime content developers are particularly investing in developing advanced pre-production and post-production tools. As such, the continued adoption of the latest technologies, such as blockchain and Artificial Intelligence (AI), in anime gaming to improve the overall gaming experience is expected to play a decisive role in driving the growth of the market over the forecast period.

The fan base of anime content has been growing worldwide. Some of the anime series, such as Naruto, One Piece, Hunter X Hunter, and Dragon Ball Z, are getting immensely popular. Anime comics, popularly known as manga, are also gaining popularity among anime fans across the world. This is prompting anime content developers to develop high-quality anime content and unique characters, which can play a vital role in the development of children at an early age.

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Anime Market Report Highlights

Leading anime companies are developing anime series and movies that can potentially help children in developing their problem-solving, cognitive, and social skills
The unabated rollout of high-speed data networks is driving the popularity of anime video games
The rising popularity of digital media and the growing preference for different streaming solutions and services are opening lucrative opportunities for anime content developers
Market players are aggressively focusing on releasing anime movies or anime series in high-resolution and with high-quality audio

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

Anime Market Segmentation

Grand View Research has segmented the global anime market based on type and region:

Anime Type Outlook (Revenue, USD Million, 2018 - 2028)

V.
Movie
Video
Internet Distribution
Merchandising
Music
Pachinko
Live Entertainment

Anime Regional Outlook (Revenue, USD Million, 2018 - 2028)

North America
- US.
- Canada
Europe
- France
- UK.
- Germany
- Western Europe
Asia Pacific Ex. Japan
- Australia & New Zealand
- China
- Philippines
- South Korea
Latin America
- Mexico
- Brazil
Middle East & Africa
- Saudi Arabia
Japan

List of Key Players of Anime Market

Bones Inc.
Kyoto Animation Co., Ltd.
Madhouse Inc.
Production I.G, Inc.
Toei Animation Co., Ltd.

About Grand View Research

Telecom Power Systems Market to Reflect Impressive Expansion During 2021 to 2028: Grand View Research Inc.

Telecom Power Systems Market Growth & Trends

The global telecom power systems market size is estimated to reach USD 5.85 billion by 2028, expanding at an estimated CAGR of 8.8% from 2021 to 2028, according to a new report by Grand View Research, Inc. The rising demand for high-speed data connectivity and rising penetration of smartphones has escalated the demand for advanced telecom power systems globally. Factors such as the rising investments in hybrid telecom infrastructure, escalating demand for video streaming, and a significant rise in digital content consumption are also expected to offer enormous growth opportunities for the market.

The surging energy consumption per household worldwide has compelled market players to develop innovations such as collaborative user interaction, distribution grid automation, and the automated system controls to ensure continuous power supply. Besides, the rising deployment of 5G network globally is compelling telecom power system providers to realign their product offerings. 5G networks could deliver benefits such as ultra-high bandwidth, ultra-low latency, mass communication, changing business operations, and improving the telecom power system’s decision-making intelligence for vertical industries. According to the State Grid Corporation of China (SGCC), the combination of 5G network with telecom power grids is expected to provide a solid foundation for the smart industrial revolution.

The COVID-19 pandemic led to the shutdown of manufacturing facilities across several industries, resulting in the slow deployment of fiber and 5G networks. Moreover, the rising pressure on mobile and communication networks due to the sudden transition to a remote working model is leading to outages as well as a heavy load on existing systems mounted in telecom towers. To cope with the escalating power supply demand, telecom operators are reshaping their strategies and contingency plans for dealing with power outages and load issues.

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Telecom Power Systems Market Report Highlights

In terms of geography, the Asia Pacific segment is projected to expand at the highest CAGR of more than 10.0% from 2021 to 2028. This growth can be attributed to the proliferation of the internet and increased deployment of telecom towers in developing countries in the region
In terms of product, the DC telecom power system segment dominated the market in 2020 with a revenue share of more than 60.0%. This may be attributed to the DC-powered data communication systems being galvanically insulated, which helps in eliminating disturbances from the utilities
In terms of power source, the diesel-solar segment is estimated to dominate the market over the forecast period. The segment is expected to expand at a CAGR of more than 10.0% from 2021 to 2028. This can be attributed to the ability of these power sources to reduce CO2 emissions and store and use solar energy for charging whenever needed

Access Press Release@ https://www.grandviewresearch.com/press-release/global-telecom-power-system-market

Telecom Power Systems Market Segmentation

Grand View Research has segmented the global telecom power systems market based on product, grid type, power source, and region:

Telecom Power Systems Product Outlook (Revenue, USD Billion, 2018 - 2028)

AC Power Systems
DC Power Systems
Digital Electricity

Telecom Power Systems Grid Type Outlook (Revenue, USD Billion, 2018 - 2028)

On-Grid
Off-Grid
Bad Grid

Telecom Power Systems Power Source Outlook (Revenue, USD Billion, 2018 - 2028)

Diesel-Battery
Diesel-Solar
Diesel-Wind
Other Sources

Telecom Power Systems Regional Outlook (Revenue, USD Billion, 2018 - 2028)

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

List Of Key Players Of Telecom Power Systems Market

Alpha Technologies, Services, Inc.
Ascot
Eaton
General Electric
Huawei Technologies Co., Ltd.
Schneider Electric
ZTE Corporation

About Grand View Research

Productivity Management Software Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast To 2028

Productivity Management Software Market Growth & Trends

The global productivity management software market size is expected to reach USD 119.69 billion by 2028, registering a CAGR of 14.2% over the forecast period, according to a study conducted by Grand View Research, Inc. The main factors driving the growth of this market are digital transformation initiatives that have resulted in improved IT systems to meet customers’ diverse requirements; the need to encourage collaboration among teams and increase workforce utilization; and the growing use of advanced technologies, such as Artificial Intelligence (AI), cloud computing, and machine learning.

The productivity management software (PMS) solutions vary depending upon the organization’s various parameters, such as employee strength, organizational structure, and the departments where these solutions are implemented. Many providers are focusing on evolving technological trends and enhancing their software designs in line with the organizations’ changing requirements. Simultaneously, several companies are investing in R&D activities to provide solutions that increase productivity at work and are easy to deploy & understand.

For instance, on 1st March 2021, Google LLC (U.S.) announced a new version of its Google Workspace productivity suite named Workspace Frontline, which is designed especially for the frontline employees and offers a set of time management tools as a part of it. Moreover, enterprises are increasingly adopting cloud-based technology. A growing number of businesses are using cloud-based management tools to store their applications and data.

Cloud-based systems make it easier to plan, collaborate, monitor, and complete projects. Instead of using a plain old whiteboard and sticky notes, project managers complete work using a network of tools available within the software—PMS implementation varies depending on organization and team. However, it is intended to make project and deadline management more straightforward and more efficient. In addition, cloud-based PMS requires low maintenance.

North America led the global market in 2020 accounting for the highest revenue share of over39% and is projected to continue its dominance from 2021 to 2028. The region’s growth is predominantly attributed to the improved adoption of PMS solutions to manage repetitive tasks and the organizations’ extremely developing infrastructure. Furthermore, the amplified adoption of machine learning and AI technologies would leverage the market over the forecast period.

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Productivity Management Software Market Report Highlights

The AI & predictive analytics segment is anticipated to register the fastest CAGR over the forecast period on account of the higher adoption of several risk analytics solutions for risk identification and risk mitigation measures
Cloud is anticipated to be the largest as well as the fastest-growing deployment segment from 2021 to 2028. The cloud provides the pay-as-you-go model, allowing businesses to pay for cloud services based on how much they use them, resulting in lower costs
Small & Medium Enterprise (SME) is anticipated to be the largest and fastest-growing enterprise segment over the forecast period
Increasing product usage for easy operations and the growing number of SMEs across developing regions, such as Asia Pacific, are expected to boost the segment growth
Asia Pacific is projected to be the fastest-growing regional market from 2021 to 2028. The rapidly growing industry verticals, such as Healthcare, IT and telecom, BFSI, are expected to support regional market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-productivity-management-software-market

Productivity Management Software Market Segmentation

Grand View Research has segmented the global productivity management software market on the basis of solution, deployment, enterprise, and region:

Productivity Management Software Solution Outlook (Revenue, USD Billion, 2018 - 2028)

Content Management & Collaboration
AI & Predictive Analytics
Structured Work Management
Other Solutions

Productivity Management Software Deployment Outlook (Revenue, USD Billion, 2018 - 2028)

On-premise
Cloud

Productivity Management Software Enterprise Outlook (Revenue, USD Billion, 2018 - 2028)

Large Enterprise
Small & Medium Enterprise

Productivity Management Software Regional Outlook (Revenue, USD Billion, 2018 - 2028)

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

List of Key Players of Productivity Management Software Market

Google LLC
Microsoft
com, Inc.
Slack Technologies, Inc.
com
IBM Corporation
Oracle
Pvt. Ltd.
Adobe
HyperOffice

About Grand View Research

Friday, 22 October 2021

Custom T-shirt Printing Market to Register Significant Growth Globally By 2028

Know More- https://www.grandviewresearch.com/industry-analysis/custom-t-shirt-printing-market

The entertainment industry is contributing to the market growth with a large number of people, especially movie fanatics, buying apparel with slogans or logos printed on them. For instance, television series such as Game of Thrones and Big Bang Theory have a huge fan base. The fans willingly spend a good amount on buying t-shirts or other apparel with their favorite dialogues or slogan printed on t-shirts. This trend is expected to majorly contribute to the custom t-shirt printing industry growth over the coming years.

Insurtech - Increasing Shift Toward Cloud Computing

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

The increasing need for digitization of insurance services is expected to propel the market growth. Simplification of the claims processes is anticipated to drive the growth. Insurance companies are focusing on improving communication with their clients and capabilities to implement automation processes. They are also focusing on using these solutions as they use technology innovations particularly designed to improve the efficiency of the existing insurance industry model. These solutions are helping businesses discover avenues that large insurance companies have less incentive to achieve, such as offering social insurance and ultra-customized policies. These solutions use new streams of information from the internet-enabled devices to price premiums according to observed behavior.

Surgical Drainage Devices Market Set to Surge Significantly During 2021-2028: Grand View Research Inc.

Surgical Drainage Devices Market Growth & Trends

The global surgical drainage devices market size is anticipated to reach USD 2.57 billion by 2028, expanding at a CAGR of 5.6% over the forecast period, according to a new report by Grand View Research, Inc. The growth of this market is catapulted by the increasing incidence of chronic diseases, the need to curb healthcare expenditure, and the additional benefits associated with surgical drain devices. The majority of the time, these devices are used for the prevention of fluid accumulation and in post-surgical treatment & care.

With the escalating number of diseases that require surgical intervention, these devices are now being used in hospitals, clinics, and ambulatory surgical centers. Active surgical drain devices make use of negative pressure or vacuum to remove fluid buildup and are preferred over conventional passive drain devices as they help in healing the wound quickly.

Drainage devices are used in cardiothoracic surgeries, neurosurgical procedures, orthopedic surgeries, and abdominal surgeries among others. The global rise in musculoskeletal diseases, arthritis, and osteoporosis has resulted in an increase in the number of surgeries being performed, which has further led to an increase in the adoption of these devices.

The North American region accounted for the largest market share due to technologically advanced medical infrastructure and the successful integration of ambulatory health services in its healthcare system. Emerging countries like India, China, and Brazil are also expected to flourish during the forecast period owing to their developing healthcare infrastructure and increasing adoption of advanced medical technology to curb chronic diseases.

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Surgical Drainage Devices Market Report Highlights

Active surgical devices are expected to gain considerable market share owing to their increasing usage in surgeries
With a wide range of passive surgical drain devices being available in the market, product penetration is high, fetching them an adequate share in the market
With an increase in the incidence of musculoskeletal diseases, arthritis, and osteoporosis, orthopedics application is expected to witness the fastest growth during the forecast period
Cardiothoracic application is expected to be the largest segment due to the global rise in cardiovascular diseases and the number of surgeries being performed
North America accounted for the largest market share owing to the local presence of dominant players in the surgical drainage devices market and availability of sophisticated infrastructure as well as the existence of healthcare reforms to curb the incidence of chronic diseases
The Asia Pacific region is expected to flourish during the forecast period owing to the change in various healthcare reforms and the development of new medically advanced technologies

Access Press Release@ https://www.grandviewresearch.com/press-release/global-surgical-drainage-devices-market

Surgical Drainage Devices Market Segmentation

Grand View Research has segmented the global surgical drainage devices market on the basis of product, application, end-use, and region:

Surgical Drainage Devices Product Outlook (Revenue, USD Million, 2016 - 2028)

Active
- Jackson-Pratt Drain
- Hemovac Drain
- Blake Drain
- Negative Pressure Wound Therapy
- Redivac Drain
- EVD & Lumbar Drain
- Chest Tube
- Others
Passive
- Penrose Drain
- Others

Surgical Drainage Devices Application Outlook (Revenue, USD Million, 2016 - 2028)

Thoracic and Cardiovascular Surgeries
Neurosurgical Procedures
Abdominal Surgery
Orthopedics
Others

Surgical Drainage Devices End-use Outlook (Revenue, USD Million, 2016 - 2028)

Hospitals
Ambulatory Surgical Centers
Clinics

Surgical Drainage Devices Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of the Surgical Drainage Devices Market

Acelity
Teleflex Incorporated
Cardinal Health
Medtronic
Cook Medical
Stryker

About Grand View Research

Artificial Intelligence in Diagnostics Market Size Is Expected To Reach USD 5.8 Billion by 2028

Artificial Intelligence in Diagnostics Market Growth & Trends

The global artificial intelligence in diagnostics market size is expected to reach USD 5.8 billion by 2028 and is expected to expand at a CAGR of 32.8% over the forecast period, according to a new report by Grand View Research, Inc. Rising number of AI-based diagnostic startups in healthcare sector along with increasing investments by venture capitalists for development of newer and innovative technologies which can provide effective and fast results with respect to diagnostic processes is supporting the market growth.

Based on component, the software segment dominated the market with a share of 44.3% in 2020. This high share is attributable to the rising demand for AI-powered software tools and cloud-based solutions for diagnostic purposes. In addition, technological advancements in artificial intelligence-based software by integration of multiple data points such as CT, MRI, and genomics for precise diagnosis and detection are further propelling the overall growth and adoption.

In 2020, based on diagnosis type, the neurology segment accounted for the highest revenue share in the market. The rising prevalence of neurological conditions and technological advances that would cater to the growing population with neurological problems are key factors bolstering segment growth. In addition, increasing investments by healthcare and technology players for the development of AI-powered diagnostic tools to cater to growing needs is further supporting the growth, thereby signifying higher revenue share.

North America dominated the market with a revenue share of 55.9% in 2020 owing to various factors including ongoing developments in the field of artificial intelligence and diagnostics, presence of key players, rising number of technological advancements, and established healthcare sector in the region. In addition, growing adoption and awareness with respect to AI-powered solutions for better diagnostic procedures and precise data consolidation and analysis in North America is further supporting the higher revenue share.

Moreover, the COVID-19 pandemic has positively impacted the market owing to the increasing implementation of artificial intelligence-based solutions in the rapid diagnosis of virus strains. In addition, the precise detection and diagnosis of viruses provided by these solutions are beneficial in reducing detection time and increasing the number of diagnostic procedures carried out during pandemic situations. Furthermore, the pandemic has also led to an increase in the adoption of technologically advanced solutions by healthcare facilities and others. Many players have collaborated with healthcare facilities for providing AI-based solutions for diagnostic purposes. Hence, increasing adoption and rising awareness regarding AI-based diagnostic solutions during the pandemic has provided a boost to the growth, and this trend in adoption is anticipated to continue in the coming years.

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Artificial Intelligence in Diagnostics Market Report Highlights

The market size is anticipated to grow well over the forecast period owing to increased efficiency and precise detection provided by AI-based diagnostic tools
The software segment dominated the market in 2020, owing to rising demand for AI-based software tools and cloud-based solutions for diagnostic purposes
The neurology segment dominated the market in 2020, owing to rising the prevalence of neurological conditions coupled with technological advances that would cater to the growing population with neurological problems
North America dominated the market and accounted for the largest revenue share of 55.9% in 2020, owing to various factors including ongoing developments in the field of artificial intelligence and diagnostics, presence of key players, rising number of technological advancements and established healthcare sector in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-artificial-intelligence-diagnostics-market

Artificial Intelligence in Diagnostics Market Segmentation

Grand View Research has segmented the global artificial intelligence in diagnostics market based on component, diagnosis type, and region:

Artificial Intelligence in Diagnostics Component Outlook (Revenue, USD Million, 2016 - 2028)

Software
Hardware
Services

Artificial Intelligence in Diagnostics Type Outlook (Revenue, USD Million, 2016 - 2028)

Cardiology
Oncology
Pathology
Radiology
Chest and Lung
Neurology
Others

Artificial Intelligence in Diagnostics Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Artificial Intelligence in Diagnostics Market

Aidoc
AliveCor
GE Healthcare
Imagen Technologies
Vuno Inc.
IDx Technologies Inc.
Siemens Healthcare GmbH
Neural Analytics
Riverain Technologies,
Zebra Medical Vision

About Grand View Research

CBD Pet Market Size Is Expected To Reach USD 4.79 Billion by 2028

CBD Pet Market Growth & Trends

The global CBD pet market size is expected to reach USD 4.79 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 58.9% from 2021 to 2028. Increasing health expenditure and growing health concerns among the owners of domesticated animals are driving the market. In addition, increasing demand for cannabidiol (CBD) infused food products is boosting the market growth. For instance, in 2019, Nestle owned Purina, a pet food company, broadcasted its decision to invest in CBD-infused dog food production. Furthermore, increased usage of natural supplements in treating various lifestyle-related disorders in domesticated animals is fueling the growth.

During the outbreak of COVID-19, the companion animal industry witnessed manufacturing challenges, comprising altered consumption patterns, improved demand, worker protection protocols, dearth of employees, and spot shortages in packaging, which affected the company’s business in the initial months of 2020. However, sales growth figures driven by consumer demand and increased spending on pets permitted the industry to make a steep comeback in the latter of the year 2020. Paw CBD, cbdMD, Inc.’s pet brand has seen an estimated 64% increase in net sales from March 2020 quarter of about $750,000 to about $1,229,000 for June 2020 quarter.

The cannabidiol infused product is also found useful in cancer-related pain in animals. The rising adoption of domesticated animals and their increased health expenditure are further anticipated to put the market on expedited growth platforms in the coming few years. For instance, according to the National Pet Owners Survey 2019-2020 carried out by the American Pet Products Association (APPA), around 67.0% of U.S. households own a pet that constitutes 85.0 million families in the country.

The major players are focusing on the product innovation strategies due to the high awareness among pet owners and shifting preference toward natural pet supplements. Key players in the market are engaged in various strategies, such as new product developments and mergers & acquisitions, for better market penetration. In May 2020, Puration, Inc. publicized its plans to close the purchase of a CBD-infused sun care product business. PURA targets CBD product acquisitions that can be improved with PURA's patented technology, thereby strengthening its market position.

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CBD Pet Market Report Highlights

The increased use of cannabidiol infused products and growing lifestyle-related disorders in companion animals are propelling the market growth
In the animal type segment, the vitamins and supplements segment dominated the market in 2020 owing to the increased product availability and consumption. Moreover, the growing popularity of supplements among humans as well as companion animals is propelling the demand
By indication, general health/wellness dominated the market in 2020. The growth can be attributed to the increasing pet healthcare expenditure and growing health concerns among the pet owners
The anxiety/stress indication segment is expected to witness the fastest growth over the forecast period owing to the increasing application of cannabidiolin anxiety-related disorders in companion animals
On the basis of end use, e-commerceheld the largest revenue share in 2020 owing to product availability and ease of ordering

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

CBD Pet Market Segmentation

Grand View Research has segmented the global CBD pet market on the basis of animal type, indication, end use, and region:

CBD Pet Animal Type Outlook (Revenue, USD Million, 2016 - 2028)

Dog
- Foods/Treats
- Vitamins & Supplements
Cat
- Foods/Treats
- Vitamins & Supplements

CBD Pet Indication Outlook (Revenue, USD Million, 2016 - 2028)

Joint Pain
Anxiety/Stress
Epilepsy
General Health/Wellness
Others

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

Pet Specialty Stores
E-commerce
CBD Store
Others

CBD Pet Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of CBD Pet Market

Honest Paws
Canna-Pet
Fomo Bones
Pet Relief
HolistaPet
Joy Organics
Wet Noses
CBD Living
Pet stock
Petco
Charlotte’s Web

About Grand View Research

Polymerase Chain Reaction Market Size Is Expected To Reach USD 25.3 Billion by 2028

Polymerase Chain Reaction Market Growth & Trends

The global polymerase chain reaction market size is expected to reach USD 25.3 billion by 2028, according to a new report by Grand View Research, Inc. The market is estimated to expand at a CAGR of 0.9% from 2021 to 2028. This is driven by an increase in demand for rapid diagnostic tests and technological advancements.

Key players operating in the market are focusing on introducing novel and technologically advanced devices for PCR tests. For instance, in July 2017, Bio-Rad Laboratories launched droplet digital PCR Genome Edit Detection Assays to quantify the efficiency of CRISPR-Cas9 or any other genome using the technology of Bio-Rad’s droplet digital polymerase chain reaction. This technology has gained prominence over the past few years.

Furthermore, the COVID-19 outbreak has increased the growth rate of dPCR technology. Several types of research activities are being conducted for proving the accuracy of the dPCR test. For instance, in March 2020, researchers of the Center for Advanced Measurement Science worked with Chongqing University in collaboration with the Centers for Disease Prevention and Control of Wuhan and Beijing for detecting the sensitivity of dPCR kits. In addition, two more studies were conducted in China that suggested improved sensitivity as compared to gold standard RT-qPCR. Moreover, in March 2020, Bio-Rad Laboratories developed a dPCR test for the detection of the SARS-CoV-2 virus.

Various research initiatives being undertaken coupled with increasing collaborations between companies for the development of tests are factors anticipated to drive the growth of the segment. In May 2020, Xiamen University, in collaboration with the Chinese University of Hong Kong and University of Connecticut, was engaged in the development of an experimental procedure for developing and validating a qPCR assay for the detection of Symbiodiniaceae genera. Furthermore, sxtA-based qPCR tests were proved to be effective against Alexandrium catenella in 2019.

Government initiatives undertaken to boost testing capacity are expected to drive the market. For instance, in September 2020, the National Institutes of Health offered USD 129.3 million under the Rapid Acceleration of Diagnostics (RADx) initiative to drive manufacturing and usage of RT-PCR. The growing number of tests conducted by governments to counter the COVID-19 pandemic is expected to act as a driver for qPCR and dPCR market. For instance, Iceland has conducted 135 tests per 1,000 population.

The introduction of novel PCR such as plasmonic PCR in the PoC diagnostics platform is expected to be a disruptive technology, as existing PCR platforms are slow, expensive, and energy costly. Therefore, the development of lower-cost PoC technology with high accuracy is expected to reduce the procurement cost for medical use and overall laboratory cost of a patient in countries of Asia Pacific, North America, and Europe.

Moreover, initiatives are undertaken by key players to enhance their product portfolios and global presence. For instance, in September 2020, Qiagen acquired NeuMoDx Molecular, Inc. for USD 248 million. The acquisition is anticipated to boost Qiagen’s PCR portfolio and enhance its global presence as well as customer access.

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Polymerase Chain Reaction Market Report Highlights

In 2020, the others type segment which includes real-time PCR (qPCR), digital PCR (dPCR), multiplex, and ultrafast PCR held a majority of the share. Increasing demand and high adoption due to its ability to detect pathogens and infection rapidly, automation, and cost-effective are factors supporting segment growth
The consumables and reagents segment dominated the market in 2020 owing to increased demand for consumables and reagents to meet the heightened testing demands during the pandemic
The medical segment held the largest revenue share in 2020 due to an increase in clinical testing along with rising research activities for DNA cloning, microbiome analysis, and gene expression
In Asia Pacific, the market is projected to witness the fastest growth during the forecast period owing to high-unmet needs and improving healthcare infrastructure
North America dominated the market in 2020 due to the presence of key players and rising initiatives to raise awareness among healthcare professionals and patients

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Polymerase Chain Reaction Market Segmentation

Grand View Research has segmented the global polymerase chain reaction market on the basis of type, product, application, and region:

Polymerase Chain Reaction (PCR) Type Outlook (Revenue, USD Million, 2017 - 2028)

Conventional PCR
Others

Polymerase Chain Reaction (PCR) Product Outlook (Revenue, USD Million, 2017 - 2028)

Consumables & Reagents
Instruments
Software & Services

Polymerase Chain Reaction (PCR) Application Outlook (Revenue, USD Million, 2017 - 2028)

Medical
- Clinical
  - Pathogen Testing
  - Oncology testing
  - Blood Screening
  - Others
- Research
- Forensic and others
Non-Medical
- Food
- Others

Polymerase Chain Reaction (PCR) Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Polymerase Chain Reaction (PCR) Market

Abbott
Qiagen
Thermo Fisher Scientific, Inc.
Bio-Rad Laboratories, Inc.
bioMérieux SA
Hoffmann-La Roche Ltd
Agilent Technologies, Inc.
Fluidigm Corporation
Cytiva
Stilla Technologies
Microsynth AG
JN Medsys
Danaher Corporation

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Intelligent Transportation System Market Strong Application and Emerging Trends also Scope by 2028: Grand View Research Inc.

Intelligent Transportation System Market Growth & Trends

The global intelligent transportation system market size is expected to reach USD 42,936.1 million by 2028, registering a CAGR of 7.0% from 2021 to 2028, according to a new study by Grand View Research, Inc. Continued advances in the development of transportation networks have triggered the need for an efficient transportation system. At the same time, advances in the latest technologies, such as blind-spot detection and electronic toll collection, are continuously redefining the expectations and prospects for sustainable management of transportation networks and traffic. At this juncture, the growing need to present real-time traffic information to drivers and passengers is emerging as one of the key factors driving the demand for intelligent transportation system (ITS).

Advances in telecommunications technologies and the evolution of IT systems are expected to help in reducing traffic congestions. Given that modern traffic control strategies focus more on utilizing real-time data while simultaneously addressing impact criteria, such as emission control; the integration of ITS with smart grid and other energy distribution and charging systems can potentially help distribution agencies in utilizing the real-time data to draft capacity expansion strategies for the future. According to the ITS Development Strategy drafted by the Department of Transport of the Republic of Korea, intelligent transportation systems can help significantly in reducing traffic congestion, preventing automobile idling, and subsequently in reducing fuel consumption and hence greenhouse gas emissions.

The growing volumes of data involved in transportation management are driving the need for more sophisticated data processing solutions. As such, intelligent transportation systems are leveraging AI to track data in real-time and optimize efficiency. International Business Machine’s Watson is an example of the implementation of artificial intelligence (AI) in transportation management to identify damages to logistics assets leveraging cognitive visual recognition capabilities and to manage the network and optimize routes leveraging predictive analysis.

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Intelligent Transportation System Market Report Highlights

The Advanced Traveler Information System (ATMS) segment is anticipated to register considerable growth over the forecast period. ATMS provides traffic management solutions that can potentially improve road safety while enhancing traffic flows and mobility. Traffic management solutions offer real-time data that can help in analyzing and responding to emergencies immediately
The traffic management segment accounted for the largest market share of over 30% in 2020 and is expected to continue dominating the market over the forecast period. The increase in travel time and hence the fuel consumption and the subsequent monetary losses stemming from traffic congestions are driving the necessity for implementing efficient traffic management systems. Traffic management systems also help in enhancing the operational performance and reliability of road networks
The North America regional market is anticipated to reach USD 16.13 billion by 2028. The regional market is expected to continue dominating the global market over the forecast period leveraging the advances in telecommunications technology and the aggressive investments in research and development, deployment, and adoption of intelligent transportation systems across the U.S.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-intelligent-transportation-systems-its-market

Intelligent Transportation System Market Segmentation

Grand View Research has segmented the global intelligent transportation system market based on type, application, and region:

Intelligent Transportation System Type Outlook (Revenue, USD Million, 2018 - 2028)

Advanced Traveler Information System (ATIS)
Advanced Traffic Management System (ATMS)
Advanced Transportation Pricing System (ATPS)
Advanced Public Transportation System (APTS)
Emergency Medical System (EMS)

Intelligent Transportation System Application Outlook (Revenue, USD Million, 2018 - 2028)

Traffic Management
Road Safety and Security
Freight Management
Public Transport
Environment Protection
Automotive Telematics
Parking Management
Road Tolling Systems

Intelligent Transportation System Regional Outlook (Revenue, USD Million, 2018 - 2028)

North America
- US.
- Canada
- Mexico
Europe
- Germany
- UK.
- France
Asia Pacific
- China
- India
- Japan
- South Korea
South America
- Brazil
- Argentina
MEA
- UAE
- KSA

List of Key Players of Intelligent Transportation System Market

Addco
Agero, Inc.
DENSO CORPORATION
EFKON GmbH
Hitachi, Ltd.
Garmin Ltd.
Thales Group
Xerox Corporation
Recardo
Sensys Networks, Inc.
Telenav, Inc.
Iteris, Inc.
Kapsch TrafficCom
Lanner
Nuance Communications, Inc.
Q-Free ASA
Siemens AG
TomTom International BV
TransCore

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