Student Information System Market to Reflect a Holistic Expansion During 2022 to 2030: Grand View Research Inc.

 

Student Information System Market Growth & Trends

The global student information system market size is expected to reach USD 32.38 billion by 2030, registering a CAGR of 19.0% from 2022 to 2030, according to a recent report by Grand View Research, Inc. The Student Information System (SIS) is popular among administrators and educators to gain accessibility of data to evaluate students’ performance based on the institutions’ goals and missions. Institutions are generating huge amounts of data such as application data, personal data, financial data, facilities and estates data, and admission data. Moreover, the increasing demand for collaborative visualization of data and presentation of procedures to learn and adjust to the pattern and needs of users is expected to drive the market over the forecast period.

The growing adoption of cloud-based learning management systems is directly influencing the growth of the market. These cloud-based solutions include software packages such as student management systems, student record systems, which require more data storage capabilities and provide growth opportunities for cloud-based student information systems. The increasing adoption of advanced technologies and new concepts of education including online classes, digital assignments, and animated teaching also positively influences the growth. For instance, in April 2020, BYJU’S, an educational technology company, witnessed a growth of 150% in the number of new students registering in a span of 1 month from March 2020 to April 2020. The corresponding volume augmentation of new students was tantamount to a whopping 6 million new students. This clearly shows the significant rise in the adoption of new platforms for learning delivery, finding a slew of takers.

With the growing demand for automated management of various business activities in academic institutions, the education Enterprise Resource Planning (ERP) market is gaining substantial traction among various users. As a result, greater use of education ERP solutions in the academic sector and the high connectivity rate offered by these solutions, are driving the SIS market. However, several academic institutions are facing problems from increasing operational complexity and quick changes in business strategies. These student information systems alleviate the work stress of the administrators as they are better equipped to deal with business contingencies, with enhanced technologies with ready synchronizations and interoperability.

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Student Information System Market Report Highlights

• The cloud segment is anticipated to witness a significant CAGR of 20.9% during the forecast period. The cloud-based SIS software and services provide scalable and flexible access to solutions and reduce the energy and costs needed to deploy. Therefore, owing to these benefits, the segment is expected to register significant growth over the forecast period

• The service segment is anticipated to register a considerable CAGR of 19.7% over the forecast period due to the demand for software integration capabilities from educational institutions and security services offered by student information system vendors. The shift from an on-premise to a cloud model is also expected to propel the growth of the segment over the forecast period

• The K-12 segment is expected to register a significant CAGR of 18.6% over the forecast period. Evolving student demographics, demand for skill-oriented education, increase in online and distance education in emerging economies such as the Asia Pacific and Africa, and rise in e-learning mobile applications are some of the key factors driving the growth of the segment

• The financial management application segment accounts for a market share of over 15% in 2021, attributable to the benefits that this segment offers such as high integration capabilities, artificial intelligence, and advanced analytics solutions offered by student information system vendors

• The Asia Pacific market is expected to reach USD 8.41 billion by 2030. The region is benefitting from the rising focus of educational institutions on digital solutions for gaining operating efficiency. Countries such as China, Indonesia, India, and Malaysia are reporting high penetration of student information systems in K-12 Education for aiding school management and providing relevant information to students

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Student Information System Market Segmentation

Grand View Research has segmented the global student information system market based on component, deployment, application, end use, and region:

Student Information System Component Outlook (Revenue, USD Million, 2017 - 2030)

• Software

• Service

Student Information System Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud

• On-premise

Student Information System Application Outlook (Revenue, USD Million, 2017 - 2030)

• Financial Management

• Student Management

• Admission & Recruitment

• Student Engagement & Support

• Others (Learning Management System, Gradebook Management System, and Program & Course Management)

Student Information System End-use Outlook (Revenue, USD Million, 2017 - 2030)

• K-12

• Higher Education

Student Information System Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa (MEA)

List of Key Players in the Student Information System Market

• Oracle Corporation

• Workday Inc.

• SAP SE

• Jenzabar Inc

• Skyward, Inc.

• Illuminate Education

• Ellucian Company L.P

• Campus Management Corp. (Anthology Inc.)

• Foradian Technologies

• Beehively

Meat Substitute Market Plying for Significant Growth During 2022-2030: Grand View Research Inc.

 Meat Substitute Market Growth & Trends

The global meat substitute market size is expected to reach USD 234.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 42.1% from 2022 to 2030. Growing preference for a vegan diet coupled with rising health awareness is expected to fuel market demand in the forecast period. Furthermore, growing awareness of environmental and ethical issues has also accelerated market growth. Plant-based meat is a healthier alternative to traditional meat products. Over half of protein users prefer to consume natural sources in their protein, which is boosting the shift in demand for easily identifiable and clean substances.

Many plant-based protein products promise a smaller carbon footprint than traditional protein sources, and since these plant protein products are thought to be easier on the environment, health, and sustainability, they have become significant motivators for the adoption of meat substitutes globally. Plant-based protein held the largest segment in 2021 and is expected to maintain its dominance over the forecast period. Increasing consumer concern regarding the adverse health effects of consuming diets high in animal protein (e.g., increased saturated fatty acids) will drive the growth of this segment. Companies including Beyond Meat and Impossible Foods Inc. are bringing alternative protein products to more restaurants and grocery stores, which is boosting the demand. They're leveraging their size to increase distribution while also collaborating with retailers on promotions and marketing.

The retail segment dominated the market and accounted for a significant revenue share in 2021. As more consumers have stopped eating meat or drastically reduced their consumption, supermarket companies have more room to attract customers to buy goods other than meat in their stores. Consumers in the U.S. are going meat-free because of the wide availability of the product on both online and offline retail stores. The market is fragmented in different regions/countries owing to the presence of a large number of players including Amy’s Kitchen, Beyond Meat, Impossible Foods Inc., The Kellogg Company, Unilever, Quorn Foods, Meatless B.V., Tyson Foods, Inc., and Sunfed.

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Meat Substitute Market Report Highlights

• The Mycoprotein segment is projected to register the fastest growth as its more economical to produce and the reduced prices are also expected to drive growth
• The retail channel segment held the largest revenue share in 2021 due to nationwide lockdowns globally and the resultant increase in at-home consumption of food
• Asia Pacific is expected to register the fastest growth during the forecast period. Countries such as China and Australia and others are expected to see a rapid surge in the consumption of meat substitutes with consumers across these countries preferring to cut down meat consumption and form more healthy dietary habits

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Meat Substitute Market Segmentation

Grand View Research has segmented the global meat substitute market on the basis of source, distribution channel, and region:

Meat Substitute Source Outlook (Revenue, USD Million, 2017 - 2030)

• Plant-based Protein
• Mycoprotein
• Soy-based
• Others

Meat Substitute Distribution channel Outlook (Revenue, USD Million, 2017 - 2030)

• Foodservice
• Retail

Meat Substitute Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK.
  • Germany
• Asia Pacific
  • China
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa

 List of Key Players of Meat Substitute Market

• Amy’s Kitchen
• Beyond Meat
• Impossible Foods Inc.
• Quorn Foods
• The Kellogg Company
• Unilever
• Meatless B.V.
• VBites Foods Ltd.
• Sunfed

Tyson Foods, Inc.

Tattoo Removal Devices Market Precise Analysis on Business Overview, Product Scope And Ongoing Market Development 2030

 Tattoo Removal Devices Market Growth & Trends

The global tattoo removal devices market size is anticipated to reach USD 289.6 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.6% from 2022 to 2030. Increasing demand for removal of tattoos among both youth and senior population alike due to tattoo regret and high demand for non-invasive or minimally invasive procedures for aesthetic treatment are some of the key market growth drivers. Laser devices such as Q-Switched Nd-YAG laser, Q-switched ruby laser, and Q-Switched Alexandrite laser systems are highly efficient and safe for removal of both black and colored tattoos and thus are anticipated to facilitate market growth.

Moreover, according to Astanza Lasers, approximately 45.0 million Americans have at least one tattoo, and nearly 21,000 tattoo parlors in the U.S. generate a potential tattoo removal patient each day, thus significantly boosting the market demand. Furthermore, the average revenue per patient is around USD 1,400 and with nearly 7 million individuals with tattoo regret, the market is anticipated to present huge opportunities for market players and investors.

In light of COVID-19, the market faced losses as the footfall of patient appointments for aesthetic treatments was temporarily suspended. However, since governments in many countries have allowed resuming elective aesthetic procedures, tattoo removal procedures have resumed. Moreover, according to the BBC network, inquiries and appointments for many non-surgical cosmetic treatments have seen a surge following the pandemic and are thus expected to propel market growth.

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Tattoo Removal Devices Market Report Highlights

• Some of the most common reasons for individuals seeking tattoo removal are fading of the tattoo over time, poor work quality of tattoo, and tattoo hindering job acceptance
• The laser removal devices segment dominated the market in 2021 since laser therapy is the only safe, effective, and non-invasive tattoo removal procedure
• Dermatology clinics are highly preferred by individuals for both getting inked and removal of tattoos due to the availability of advanced devices and the presence of certified and trained dermatologists
• North America leads the market due to the presence of a large number of tattoo parlors, availability of advanced devices, and presence of a large number of tattooed individuals
• In Asia Pacific, the market is expected to grow fast over the forecast period due to the high importance of dragon tattoos in China and the growing demand for tattoos in Japan and India

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Tattoo Removal Devices Market Segmentation

Grand View Research has segmented the global tattoo removal devices market on the basis of device, end-use, and region:

Tattoo Removal Devices Outlook (Revenue, USD Million, 2018 - 2030)

• Laser Devices
• RF Devices
• Ultrasound Devices

Tattoo Removal Devices End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Dermatology Clinics
• Medical spa & beauty centers

Tattoo Removal Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Tattoo Removal Devices Market

• Lutronic Corporation
• Hologic (Cynosure, Inc.)
• Alma Lasers, Ltd.
• Syneron candela
• Astanza, EL.En. S.p.A
• Cutera Inc.
• Lumenis Ltd.

Supply Chain Analytics Market Forecast 2030 Top Companies, Trends and Growth Factors Details for Business Development

 

Supply Chain Analytics Market Growth & Trends

The global supply chain analytics market size is expected to reach USD 22.46 billion by 2030, registering a CAGR of 17.6% from 2022 to 2030, according to a new study by Grand View Research, Inc. Supply chain analytics is becoming popular as the demand for managing vast volumes of company data and its insights for strategic applications grows. As the demand for automation technologies and investment from technology developers grows, so does the demand for cognitive computing and Artificial Intelligence (AI). The growing awareness among businesses about the advantages of Supply Chain Analytics (SCA) in terms of improved visibility across the whole supply chain is fueling the demand for analytics solutions.

The increased availability of cloud-based SCA solutions has triggered their demand among small & medium enterprises owing to benefits such as easy deployment, shorter implementation window, effective use of IT resources, and flexibility & mobility offered by these solutions. Another notable trend in the market is the increased demand for risk analytics solutions across all industries. Risk analytics solutions address multiple issues associated with the supply chain by analyzing scenario and sensitivity, stochastic optimization, and risk mitigation.

SCA solutions enable enterprises to achieve growth, enhance profitability, and increase market share by utilizing the derived insights in making strategic decisions.  Improved visibility across the supply chain can help organizations enhance sustainability, reduce inventory cost, and accelerate the time-to-market for products in the long run. Factors such as shortening product life cycles, low visibility in traditional supply chains, ineffective supplier networks, elevated warehousing costs, redundant forecasts, and fluctuating customer demands necessitate supply chain optimization, thereby driving the growth of the market.

The outbreak of the COVID-19 pandemic is expected to have an adverse short-term impact on the market. The pandemic has compelled several manufacturing companies to temporarily halt manufacturing operations to comply with the new government regulations. Revenue streams have been directly affected due to the pandemic, as supply chain and trade disruptions have adversely affected the overall operations. However, for supply chain management technology vendors, the crisis is expected to provide a significant opportunity to increase their revenue shares, by offering advanced technology-based supply chain solutions. Customer enterprises across the globe need to identify how supply chain analytics solutions can better prepare them for demand fluctuations, challenging conditions, and macroeconomic instability post the crisis.

Improved effectiveness of business outcomes and cost-effectiveness of supply chain management resulting from the adoption of supply chain analytics is also expected to encourage the adoption of supply chain analytics solutions in several end-use applications. The demand is expected to remain robust in retail and consumer products, healthcare, and manufacturing industries. Furthermore, the capacity of the market to offer effective and efficient administration of end-to-end business processes is likely to drive its expansion over the forecast period.

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Supply Chain Analytics Market Report Highlights

• In terms of solution, the sales & operations analytics segment is anticipated to register considerable growth over the forecast period, attributed growing use of machine learning in SCA solutions is an emerging trend. It is used to dissect and aggregate data and produce predictive, descriptive, and prescriptive insights. These insights enable supply chain managers to make better decisions

• In terms of service, the professional segment dominated the market in 2021 and is expected to retain its dominance over the forecast period. The growth is projected to be driven by the increasing automation of professional services as a result of the adoption of big data and analytics, as well as the growing desire for improved mobility among service consultants

• In terms of deployment, the cloud segment is anticipated to register the highest CAGR from 2022 to 2030. Cloud-based solutions enable businesses to access data from linked devices at any time, allowing for further customization and the use of analytical tools across numerous business channels

• In terms of enterprise size, the large enterprise segment is anticipated to register promising growth over the forecast period. This growth can be attributed to the need to manage a large amount of data required in local offices as well as overseas

• In terms of end use, the high technology product segment is expected to register a promising growth rate from 2022 to 2030. This growth can be attributed to the increasing demand for high technology products that are complex to move and demand better visibility & tracking

• In terms of region, North America dominated the market in 2021. Due to the sheer huge number of SCA service providers in the region, the regional market is likely to maintain its dominance over the forecast period

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Supply Chain Analytics Market Segmentation

Grand View Research has segmented the global supply chain analytics market based on solution, service, deployment, enterprise size, end use, and region:

Supply Chain Analytics Solution Outlook (Revenue, USD Million, 2017 - 2030)

• Logistics Analytics

• Manufacturing Analytics

• Planning & Procurement

• Sales & Operations Analytics

• Visualization & Reporting

Supply Chain Analytics Service Outlook (Revenue, USD Million, 2017 - 2030)

• Professional

• Support & Maintenance

Supply Chain Analytics Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud

• On-premise

Supply Chain Analytics Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

• Large Enterprise

• Small & Medium Enterprises

Supply Chain Analytics End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Retail & Consumer Goods

• Healthcare

• Manufacturing

• Transportation

• Aerospace & Defense

• High Technology Products

• Others

Supply Chain Analytics Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

• Middle East & Africa (MEA)

List of Key Players in the Supply Chain Analytics Market

• Accenture PLC

• Aera Technology

• Birst, Inc.

• Capgemini SA

• Genpact Limited

• International Business Machines Corporation

• JDA Software Group, Inc.

• Kinaxis

• Lockheed Martin Corporation

• Maersk Group

• Manhattan Associates, Inc.

Heat Pump Market Plying for Significant Growth During 2022-2030: Grand View Research Inc.

 

Heat Pump Market Growth & Trends

The global heat pump market size is anticipated to reach USD 136.84 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.1% from 2022 to 2030. The market is primarily driven by the increasing prices for non-renewable energy sources and various government initiatives to boost the use of energy-efficient renewable energy sources.

These products are employed in both heating and cooling applications, which is achieved by transferring thermal energy in the form of heat; they can be used as a heater in winter and air conditioner in the summer. In addition, these products help reduce carbon emission thereby lowering the greenhouse gas emission and aiding in increasing the air quality.

The increased demand for air conditioning due to the growth of the housing sector and commercial establishments along with the government subsidies for increasing energy efficiency and reducing the carbon footprint have boosted the demand for these products. Furthermore, the demand has increased in residential facilities due to their cost-effective air conditioning.

As the government bodies of various countries are trying to implement energy conservation policies due to their high energy efficiency and low carbon emissions. The U.K. government has come up with energy efficiency offices to coordinate, monitor, and develop energy conservation policies as their energy efficiency strategy.

The COVID-19 outbreak adversely impacted the growth of the global residential and commercial industry because of the lockdowns in various parts of the world, which led to the closure of heat pump manufacturing facilities to curb the spread of the virus. Furthermore, the restricted travel rules made it difficult to obtain raw materials for the production of these products.

Advancements in technologies and new product launches amid the COVID-19 pandemic restrictions are anticipated to drive the growth of the market. For instance, Daikin Europe has launched Daikin Altherma 3 R, a high capacity R-32 refrigerant split air to the water heat pump which offers cooling along with heating and domestic hot water set-up.

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Heat Pump Market Report Highlights

• The air source technology segment has contributed to 81.1% of the global revenue share in 2021 due to their high efficiency, low carbon emissions, and increased demand in residential and commercial buildings

• The penetration of heat pumps in the industrial sector is expected to witness a CAGR of 7.8% from 2022 to 2030 due to the growing demand for industrial heating and cooling

• Geothermal technology in Europe is foreseen to witness an increase in demand at the CAGR 9.9%, owing to the need for switching to low-cost energy substitutes because of the increasing oil prices

• The heat pump demand in Japan is likely to expand at a CAGR of 9.3% over the forecast period on account of the increased demand for energy-efficient and eco-friendly air conditioning

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Heat Pump Market Segmentation

Grand View Research has segmented the global heat pump market based on technology, application, and region:

Heat Pump Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Air Source

• Water Source

• Ground Source

Heat Pump Application Outlook (Revenue, USD Million, 2017 - 2030)

• Commercial

• Residential

• Industrial

Heat Pump Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • Italy

  • Sweden

  • Norway

• Asia Pacific

  • China

  • Japan

  • Australia

  • India

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • UAE

  • Saudi Arabia

List of Key Players of the Heat Pump Market

• Carrier

• Daikin Industries, Ltd

• NIBE Group

• Viessmann Group

• Glen Dimplex

• BDR Thermea Group

• Midea Group

• Hitachi, Ltd.

• Ingersoll Rand Plc.

• STIEBEL ELTRON GmbH & Co. KG

• Vaillant Group

• Robert Bosch GmbH

• The Danfoss Group

Non-destructive Testing Market: Precise Analysis on Business Overview, Product Scope And Ongoing Development 2030

 

Non-destructive Testing Market Growth & Trends

The global non-destructive testing market size is anticipated to reach USD 34.1 billion by 2030, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to witness significant growth over the forecast period. The growth is ascribed to the increasing manufacturing in the developing as well as developed nations.

The use of non-destructive testing (NDT) helps detect the faults precisely, reducing the product/component failure probability as well as costs incurred in the repairs of the components. The use of NDT also speeds up the process of manufacturing as the possible faults are eliminated beforehand. The key factor expected to drive the growth of the market is the technological advancements in non-destructive testing methods. Improvements in the techniques have ensured deviation-free fault detection and have reduced the complexity involved in the testing procedures considerably.

The ultrasonic testing segment is expected to witness significant growth over the forecast period. This growth is ascribed to the ease of handling the equipment, availability of skilled technicians, and precise fault detection. The manufacturing segment is expected to deploy NDT techniques extensively over the forecast period owing to the increasing awareness regarding their use.

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Non-destructive Testing Market Report Highlights

• The market is expected to exhibit a CAGR of 7.7% over the next eight years owing to a rise in manufacturing-related activities globally

• The services segment accounted for the largest revenue share of over 75.0% in 2021. The high upfront cost of non-destructive equipment coupled with technical complexities involved in their deployment/installation is the major reason influencing end-users to outsource their non-destructive testing operations

• Rapid industrialization, especially in developing economies has significantly contributed to the growth of the market

• The ultrasonic testing segment is expected to witness a significant CAGR of 8.3% over the forecast period owing to the benefits such as ease of handling and precise results

• The automated ultrasonic testing (AUT) segment is expected to witness a significant CAGR of 10.5 % over the forecast period owing to the aggressive efforts being pursued by NDT equipment and service providers to devise innovative inspection technologies and serve their customers more efficiently

• The manufacturing vertical segment was the dominant segment in 2021 and is expected to witness a healthy CAGR of 9.0% over the forecast period owing to the increased manufacturing activities, primarily in Asia Pacific

• North America dominated the market in 2021 and accounted for the largest revenue share of more than 36.0%, owing to the extensive adoption of NDT techniques in the region

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Non-destructive Testing Market Segmentation

Grand View Research has segmented the global non-destructive testing market based on offering, test method, vertical, and region:

Non-destructive Testing Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Services

• Equipment

Non-destructive Testing Test Methods Outlook (Revenue, USD Million, 2017 - 2030)

• Traditional NDT Method

  • Visual Testing

  • Magnetic Particle Testing

  • Liquid Penetrant Testing

  • Eddy Current Testing

  • Ultrasonic Testing

  • Radiographic Testing

• Digital/Advanced NDT Method

  • Digital Radiography (DR)

  • Phased Array Ultrasonic Testing (PAUT)

  • Pulsed Eddy Current (PEC)

  • Time-Of-Flight Diffraction (TOFD)

  • Alternating Current Field Measurement (ACFM)

  • Automated Ultrasonic Testing (AUT)

Non-destructive Testing Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Oil & Gas

• Manufacturing

• Aerospace and Defense

• Construction

• Automotive

• Power Generation

• Others

Non-destructive Testing Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa (MEA)

  • Saudi Arabia

  • South Africa

List of Key Players of the Non-destructive Testing Market

• Ashtead Technology

• Eddyfi

• Fischer Technologies Inc

• General Electric

• Nikon Corporation

• Mistras Group

• Olympus Corporation

• Sonatest

• Yxlon International

• Zetec, Inc

• MME Group

• TWI Ltd.

Lithium Market to Penetrate Untapped Regions During 2022 to 2030: Grand View Research Inc.

 

Lithium Market Growth & Trends

The global lithium market size is expected to reach USD 18.99 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.0% from 2022 to 2030. Rising investments in lithium mining and related technologies are projected to remain a key trend in the market. Lithium mining is witnessing rapid growth as its demand is accelerating owing to its application in batteries. The element is found in dry places that require thousands of liters of water for its mining. Considering the rising demand for elements and increasing usage of water required for its extraction, R&D is in place to find better alternative methods. For instance, in February 2020, funding of around USD 20 million by Bill Gates was provided to Lilac Solutions, a lithium mining technology firm located in the U.S.

According to the firm, its ion exchange technology is two times more efficient compared to the current mining process and requires a fraction of time. Lithium recycling is a complex process; however, with the rising penetration of Li-ion batteries, the demand may outpace supply. Therefore, researchers are focusing on extraction and recycling through various new technologies. Lithium compounds are extracted from batteries as per individual methods and stages. The stages are divided into pre-treatment and extraction stages; while extraction is again categorized into hydrometallurgy, pyrometallurgy, and electrochemical extraction. Despite the growing emphasis and development of different recycling technologies, less than 1% of lithium is recycled currently.

Over the last decade, the rise in usage of Li-ion battery storage has led to a decline in their prices by over 80%, leading to enhanced energy storage and paving the way for Electric Vehicles (EVs) to be commercially viable. Government regulations and subsidies are working on expanding clean energy; thus, energy storage systems represent a huge opportunity for investors. However, expensive raw materials required to produce energy storage systems may remain a critical factor for investors. As per the International Energy Agency, new companies in clean energy have attracted significant investments during the COVID-19 pandemic. Early-stage Venture Capital (VC) investments reduced slightly in the first half of 2020. However, these investments recovered quickly, with record investments from the third quarter of 2020.

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Lithium Market Report Highlights

• In terms of revenue, the hydroxide product segment is projected to register the fastest CAGR from 2022 to 2030. The rapid development of battery technologies is projected to remain a key driver for the segment

• Automotive was the largest application segment in 2021. The rising penetration of Electric Vehicles (EVs) along with stringent emission regulations by government bodies is the key focus area for market vendors

• The consumer electronics segment is projected to witness the highest CAGR over the forecast period, in terms of revenue, due to the high demand for electronic products, such as smartphones, tablets, laptops, wearables, portable speakers, and tablets

• Asia Pacific was the largest regional market in 2021, in terms of both volume and revenue. The growth of the region can be attributed to the heavy investments in lithium mining as well as lithium-ion battery technologies

• In terms of volume, Europe accounted for the second-largest market share in 2021. The growth of the region is attributable to the rising penetration of EVs and growing concerns about Greenhouse Gas (GHG) emissions

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

Lithium Market Segmentation

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

Lithium Product Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Carbonates

• Hydroxide

• Others

Lithium Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• Automotive

• Consumer Electronics

• Grid Storage

• Glass & Ceramics

• Others

Lithium Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • South Korea

  • Japan

• Central & South America

• Middle East & Africa

List of Key Players of Lithium Market

• Albemarle Corporation

• Ganfeng Lithium Co., Ltd.

• SQM S.A.

• Tianqi Lithium Corporation

• Livent Corporation

• Lithium Americas Corp.

• Pilbara Minerals

• Orocobre Limited Pty. Ltd.

• Mineral Resources

Healthcare Business Intelligence Market: Advanced Technologies and Growth Opportunities Worldwide By 2030

 

Healthcare Business Intelligence Market Growth & Trends

The global healthcare business intelligence market size is expected to reach USD 21.4 billion by 2030 and is expected to expand at a CAGR of 13.5% during the forecast period, according to a new report by Grand View Research, Inc. Increased adoption of data-driven decision making, penetration of cloud-based business intelligence (BI) solutions for the healthcare industry, increased focus to reduce spending, and the emergence of mobile-based BI solutions are the key factors contributing to the market growth. The growing requirement of business intelligence tools to reduce costs for operational performance, claims, and clinical analysis is another major factor positively impacting the market.

Factors, such as the constantly increasing volume of digital information and data sources, the complexity of data generated in healthcare organizations, coupled with the growing need for advanced business intelligence solutions to support decision-making are boosting the demand for business intelligence solutions and services. The massive amounts of unstructured and structured data generated by medical organizations and institutions are critical to managing, thus there is a huge demand for advanced healthcare BI software by hospitals and other medical organizations.

To gain insights about patient care and satisfaction, clinical operations, labor distribution, physician practices, and administration and management; hospitals and other medical facilities require data visualization and predictive modeling tools, which in turn is increasing demand for healthcare business intelligence software among these end-users. Increasing adoption of cloud-based BI software solutions coupled with the high dependency of healthcare on digital technology to operate functions of a complex healthcare system revenue cycle management, supply chain management, and performance management, is further boosting the adoption of BI software over the past years. For instance, KenSci Clinical Analytics is a platform designed by Microsoft to predict clinical and operational risks involved in a healthcare facility to improve health outcomes and reduce operational costs.

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Healthcare Business Intelligence Market Report Highlights

• The market for healthcare business intelligence market size is anticipated to be valued at USD 21.4 billion by 2030, owing to the increasing adoption of cloud BI tools and complex data generated in healthcare organizations in large volumes

• Software component segment dominated the in 2021 owing to its increased adoption by hospitals, health providers, payers, and life sciences manufacturers to manage their data and financial operations

• Cloud-based delivery mode dominated the market in 2021 due to the adoption of cloud-based business intelligence tools, such as Customer Relationship Management (CRM), and increased penetration of cloud computing among healthcare providers for managing the revenue cycle and enhancing patient care

• In 2021, the financial analysis application segment dominated the market due to the increased adoption of financial analytic software among the providers for the management of the revenue cycle

• Healthcare payers accounted for the largest market share in 2021 owing to increased healthcare costs coupled with the rising need to increase memberships and reduce fraudulent claims

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

Healthcare Business Intelligence Market Segmentation

Grand View Research, Inc. has segmented the global healthcare business intelligence market based on the type of component, mode of delivery, application, deployment, end use, and region:

Healthcare Business Intelligence Component Outlook (Revenue, USD Million, 2016 - 2030)

• Software

• Services

Healthcare Business Intelligence Mode of Delivery Outlook (Revenue, USD Million, 2016 - 2030)

• On-premise

• Cloud-based

• Hybrid

Healthcare Business Intelligence Application Outlook (Revenue, USD Million, 2016 - 2030)

• Financial Analysis

• Claims Processing

• Revenue Cycle Management

• Payment Integrity and Fraud, Waste, & Abuse (FWA)

• Risk Adjustment and Risk Assessment

• Operational Analysis

• Supply Chain Analysis

• Workforce Analysis

• Strategic Analysis

• Clinical Analysis

• Quality Improvement and Clinical Benchmarking

• Clinical Decision Support

• Regulatory Reporting and Compliance

• Comparative Analytics/Effectiveness

• Precision Health

• Patient Care

Healthcare Business Intelligence Deployment Outlook (Revenue, USD Million, 2016 - 2030)

• Self-service BI

• Corporate BI

Healthcare Business Intelligence End-Use Outlook (Revenue, USD Million, 2016 - 2030)

• Payers

• Private Insurance Companies

• Government Agencies

• Employers and Private Exchanges

• Healthcare Providers

• Hospitals, Physician Practices, and IDNS

• Post-acute Care Organizations

• Ambulatory Care Settings

• Health Information Exchanges (HIEs)

• Accountable Care Organizations (ACOs)

• Managed Care Organizations (MCOs)

• Third-party Administrators (TPAs)

Healthcare Business Intelligence Regional Outlook (Revenue, USD Million, 2016 - 2030)

• North America

• U.S.

• Canada

• Europe

• Germany

• U.K.

• Spain

• Italy

• France

• Russia

• Asia Pacific

• Japan

• China

• India

• Singapore

• Australia

• South Korea

• Latin America

• Brazil

• Mexico

• Argentina

• MEA

• South Africa

• Saudi Arabia

• UAE

List of Key Players in the Healthcare Business Intelligence Market

• Microsoft

• Oracle Corporation

• SAP

• Tableau Software Inc.

• Perficient Inc.

• Tibco Software Inc.

• Infor Inc.

• Domo Inc.

• Sisense Inc.

• Panorama Software Inc

 

Goat Milk Products Market Poised to Expand at a Robust Pace of USD 17.90 Billion Over 2030: Grand View Research Inc.

 

Goat Milk Products Market Growth & Trends

The global goat milk products market size is anticipated to reach USD 17.90 billion by 2030, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. The global market is predominantly driven by the increasing demand for goat milk in infant food and follow-on formula. In addition, goat milk is considered healthier than cow milk owing to its nutritional profile. According to Ausnutria Dairy Corporation Ltd., the demand for goat milk is increasing in infant foods and follow-on formula products application. This is on account of the easy digestibility of goat milk and its high nutritional quality. In addition, it contains all essential amino acids with a high Digestible Indispensable Amino Acid Score (DIAAS).

It also contains naturally higher nucleotide levels, which are important for cell metabolism, and has a high level of oligosaccharides, which are essential elements as they act as a prebiotic. All these benefits associated with goat milk are driving its demand among consumers and manufacturers. The prices of goat milk products were observed slightly high in some countries in 2020 owing to the disruption in the supply chain due to the outbreak of Coronavirus. As per the National Center for Biotechnology Information (NCBI), Asia Pacific is the largest producer and consumer of goat milk in the world. The market is developing in countries, such as New Zealand and China, which do not have a tradition of goat milk.

India remained the world’s largest producer of goat milk products. The lower-middle-class group in the country has the majority of goats and deliver milk to dairies. In 2019, the total goat milk production in India was recorded at around 5.4 million tons. India is the largest producer of goat milk in the world. The country alone accounts for approximately one-fourth of the global production. Europe is the second-largest market. Germany, Italy, and France are the major contributors to the Europe regional market. Germany is the largest importer and exporter of goat milk in the world. France is the largest producer and Italy is the largest consumer of goat milk in the region.

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Goat Milk Products Market Report Highlights

• The powdered product segment is expected to register the fastest CAGR over the forecast period

• The demand for powdered goat milk is increasing among both consumers and manufacturers mainly due to long shelf life, which played a key role during pandemic-induced lockdown

• The demand for powdered milk is increasing among infant formula manufacturers owing to its high nutritional value, low sugar, high beta-casein, and lower alpha S1-casein, which help in easy digestion

• The B2B segment is expected to witness the CAGR over the forecast period. This is due to the increasing demand for various goat milk products, such as chevre, butter, cheese, flavored milk, and yogurt among others

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

Goat Milk Products Market Segmentation

Grand View Research has segmented the global goat milk products market on the basis of type, distribution channel, and region:

Goat Milk Products Type Outlook (Revenue, USD Million, 2017 - 2030)

• Liquid Milk

• Powdered Milk

Goat Milk Products Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• B2B

• B2C

  • Hypermarkets/Supermarkets

  • Convenience Stores

  • Specialty Stores

  • Online Retail

  • Others

Goat Milk Products Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • U.K.

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

List of Key Players of Goat Milk Products Market

• Ausnutria Dairy Corporation Ltd.

• AVH Dairy Trade B.V.

• Goat Partners International

• Holle baby food AG

• Meyenberg

• Redwood Hill Farm & Creamery

• St Helen's Farm

• Stickney Hill Dairy Inc.

• Woolwich Dairy Inc.

• Xi'an Baiyue Goat Dairy Group Co. Ltd. (Baiyue)

Asia Pacific Digital Health Market Growth in the Coming Years

 

Asia Pacific Digital Health Market Growth & Trends

The Asia Pacific digital health market size is expected to reach USD 326.7 billion by 2030 and is expected to expand at a CAGR of 26.5% over the forecast period, according to a new report by Grand View Research, Inc. Growing chronic disease patient population, and favorable government initiatives to develop digital healthcare platforms are some of the major factors anticipated to drive the market growth over the forecast years. In addition, rapidly growing healthcare IT infrastructure and increasing demand for remote patient monitoring services are also expected to boost the market growth in the region. Moreover, the growing penetration of smartphones and the internet is supporting the market growth.

For instance, according to GSMA’s, The Mobile Economy Asia Pacific report, in 2021, 1.8 billion people will subscribe to mobile services by 2025, which is 62% of the total population of the region. The telehealthcare segment dominated the market in terms of revenue share in 2021 due to the increasing consumer-centric digital health ecosystems and rapid change towards the implementation of telehealthcare platforms for remote patient monitoring. The government-imposed lockdowns and restrictions on social movement have risen the adoption of telehealthcare services during the COVID-19 period in the region. The main services provided by telehealth includes specialist consultant services, prescribing drugs/pharmacy, and mental health.

Moreover, due to the lockdown and travel ban, many patients turned to remote treatment and diagnosis using telehealth platforms, which, in turn, is anticipated to drive the segment over the forecast periods. Based on components, the hardware segment dominated the market in 2021 owing to the rapid digitalization of healthcare institutions and the high adoption of hardware platforms, such as mobiles, tablets, computers, and wearables by patients. In addition, the increasing focus of hospitals on investing in digitalization to increase patient satisfaction and minimize error further supports the segment growth. However, the highest growth rate is anticipated from the software segment during forecast years owing to the rapid digitalization of healthcare facilities and increasing adoption of healthcare software & applications to improve patient engagement for health management.

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Asia Pacific Digital Health Market Report Highlights

• The rise in cases of coronavirus decreased the in-person health consultation and increased the demand for virtual health consultation

• This factor boosted the adoption of digital health during the COVID-19 pandemic. In addition, promotional activities are undertaken by the governments during the pandemic to use mobile applications for remote health management also propelled the market growth

• The continuous lockdown and shut down the impact and higher patient population coupled with the concerns regarding medical staff shortage also drove the adoption of virtual healthcare services, thereby accelerating the market growth

• Furthermore, a rise in developmental activities of medical and fitness apps by the manufacturers due to high consumer demand also boosted the market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/asia-pacific-digital-health-market-analysis

Asia Pacific Digital Health Market Segmentation

Grand View Research, Inc. has segmented the Asia Pacific digital health market on the basis of technology, component, and region:

APAC Digital Health Technology Outlook (Revenue, USD Million, 2016 - 2030)

• Tele-healthcare

  • Tele-care

    • Activity Monitoring

    • Remote Medication Management

  • Telehealth

    • LTC Monitoring

    • Video Consultation

• mHealth

  • Wearables

    • BP Monitors

    • Glucose Meters

    • Pulse Oximeters

    • Sleep Apnea Monitors

    • Neurological Monitors

    • Activity Trackers/ Actigraphs

  • mHealth Apps

    • Medical Apps

    • Fitness Apps

  • Services

    • mHealth Service, By Type

      • Monitoring Services

        • Independent Aging Solutions

        • Chronic Disease Management & Post-Acute Care Services

      • Diagnosis Services

      • Healthcare Systems Strengthening Services

      • Others

    • mHealth Services, By Participants

      • Mobile Operators

      • Device Vendors

      • Content Players

      • Healthcare Providers

• Healthcare Analytics

• Digital Health Systems

  • EHR

  • E-Prescribing Systems

APAC Digital Health Component Outlook (Revenue, USD Million, 2016 - 2030)

• Software

• Hardware

• Services

APAC Digital Health Regional Outlook (Revenue, USD Million, 2016 - 2030)

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Australia

List of Key Players of Asia Pacific Digital Health Market

• Cerner Corp.

• Allscripts

• Apple, Inc.

• Telefonica S.A.

• McKesson Corp.

• Epic Systems Corp.

• QSI Management, LLC

• AT&T

• Vodafone Group

• Airstrip Technologies

• Google, Inc

• Samsung Electronics Co. Ltd

• HiMS

• Orange

• Softserve

• Qualcomm Technologies, Inc.

• MQure

• Computer Programs and Systems, Inc.

• Vocera Communications

• IBM Corp.

• Cisco Systems, Inc.