Tuesday, 6 February 2024

Blood Warmer Market Predicted to Cross $2.01 Billion by 2030: Grand View Research Inc.

 Blood Warmers Market Growth & Trends

The global blood warmer market size is expected to reach USD 2.01 billion by 2030, registering a CAGR of 8.47%, according to a new report by Grand View Research, Inc. Rising incidences of road accidents, mishaps and other injuries, rising burden of hypothermia cases along with growing demand for blood warmers from ambulatory services and military/defense sectors, operating in extreme temperature environments are expected to propel the market demand for such devices over the forecast period.

Over the recent past, the COVID-19 pandemic has been associated with surges in hospitalization globally, this is expected to have a positive impact on the market. The demand for infusion therapy surged significantly during this period. This is one of the key factors driving up demand for blood warmer devices, which are used to raise fluids to body temperature, speed up patient recovery, and reduce the danger of transfusion shock.

Moreover, various manufacturers are adopting strategies such as mergers and acquisitions, partnerships, and product launches to strengthen their foothold in the market. For instance, in December 2020, Danish MedTech Company MEQU released the Power Pack, a new battery for its M Warmer System, a compact blood and IV fluid-warming systems. The system is commonly used in prehospital emergency settings. Such product launches are expected to propel the market over the forecast period.

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Blood Warmers Market Report Highlights

  • Based on product, non-portable blood warmers segment held the largest market share of 55.26% in 2022. The increasing rate of hospitalization rising aging population, and improving financing for healthcare infrastructure in developing economies are all likely to propel this segment growth
  • In end-use scope, the hospital-based segment dominated the market with a share of 65.29% in 2022. Blood warmers are commonly employed in hospitals because they can heat a larger volume of blood or IV solutions while also being more affordable & easier to maintain
  • North America dominated the blood warmers market and accounted for the highest revenue share of 40.76% in 2022, owing to the increase in the number of surgical procedures/hospital visits, presence of well-established healthcare infrastructure, and favorable reimbursement in the healthcare sector

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

Blood Warmers Market Segmentation

Grand View Research has segmented the global blood warmer market report on the basis of product, application, end-use, and region:

Blood Warmers Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Portable Blood/IV Warmers
  • Non-portable Blood/IV Warmers

Blood Warmers End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospitals/Clinic
  • Ambulatory Services
  • Defense Forces
  • Rescue Forces

Blood Warmers Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players of Blood Warmers Market

  • Stryker Corporation
  • Gentherm Medical
  • Belmont Medical
  • 3M
  • ICU Medical
  • Vyaire Medical, Inc.,
  • The Surgical Company PTM
  • Life Warmer
  • MEQU
  • Estill Medical Technologies, Inc.
  • Smisson-Cartledge Biomedical

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.

U.S. Digital Signage Market Size, Industry Share And Growth Analysis For 2023-2030: Grand View Research Inc.

U.S. Digital Signage Market Growth & Trends

The U.S. digital signage market size is anticipated to reach USD 9,322.0 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.5% over the forecast period. The demand for digital signage is expected to increase as advertisers, enterprises, and corporates are increasingly adopting digital signage to promote and distribute content. Advancements in display technology are also likely to drive the market. Furthermore, the increasing demand for digital signage solutions from the industries such as healthcare, transportation, hospitality, and retail, is likely to propel market growth over the forecast period.

The growing adoption of digital signage is due to the increasing demand for advertising content with enhanced quality and better sharpness. Rising demand for 4K embedded digital displays is addressing an increase in the need for enhanced sharp images. Digital signage above 52 inches are poised to gain popularity over the forecast period as advertisers are increasingly preferring outdoor advertising. Besides, software providers are engaged in providing design solutions that are compatible with multiple operating systems to new entrants to the digital signage industry. Providers of design solutions are targeting new entrants to the digital signage market with solutions compatible with different operating systems. They are particularly offering cloud-based design solutions that can aid in managing advertising content being displayed on digital signage.

The operational cost of companies is reduced by cutting down the use of paper for advertisement and deviating from traditional marketing activities. In addition, a combination of LED-backlit panels is resulting in substantial energy savings. A decrease in energy consumption owing to the adoption of enhanced technologies, which includes LED, is attracting enterprises to elect for digital signage. The West region accounted for the largest share in the market in 2021. It is estimated to remain the highest revenue-generating regional market until 2030. The Midwest region is projected to exhibit the highest growth rate during the forecast period owing to burgeoning sales of digital signage in multiple verticals of various states.

Raw material suppliers in the cold chain packaging market supply primary materials required for producing isolated containers, in addition to other packaging components. Insulating materials used in cold chain packaging include expanded or extruded polystyrene, polyurethane, and polyethylene. These are manufactured using core materials such as silica or fiberglass in a multilayer polymer or vacuum aluminized coating. Thermal Conservation Technologies; va-Q-tec AG; and Thermal Visions, Inc. are some of the raw material providers in U.S. Some of the prominent companies operating in the market are Cisco Systems, Inc.; Intel Corporation; Microsoft Corporation; BrightSign, LLC; Keywest Technology, Inc.; Planar System Inc.; Scala, Inc.; and Hughes Network Systems LLC.

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U.S. Digital Signage Market Report Highlights

  • The LCD segment, on the basis of display technology, commanded the leading share in the market in 2022 owing to lower manufacturing costs and benefits associated with the LCD technology
  • The retail industry was the most prominent application segment in the market in 2022. It is estimated to retain its position through 2030, as there is high competition in the industry, which augments the need for innovative advertising mediums
  • Transparent LED screens, based on display type, are projected to witness the highest CAGR during the forecast period as the high level of transparency and resolution offered by them proves to be lucrative for advertisers
  • The hardware segment, which includes displays and media players, is anticipated to dominate the market throughout the forecast horizon as users remain keen on adopting different types of displays
  • The out-store segment is expected to witness a considerable growth rate owing to the growing adoption of digital signage in various outdoor applications
  • The West region was the highest revenue generating region in 2022 owing to the adoption of digital signage across applications and the region comprises the largest number of digital signage companies which manufacture electronic display products.
  • The prominent players in the U.S. Digital Signage market include Panasonic Corporation of North America, Cisco Systems, Inc., Intel Corporation, Microsoft Corporation, and Planar System Inc. and others.

Access Press Release@ https://www.grandviewresearch.com/press-release/us-digital-signage-market-analysis

U.S. Digital Signage Market Segmentation

Grand View Research has segmented the U.S. digital signage market based on component, hardware components, display type, display technology, display size, software, application, location, and region:

U.S. Digital Signage Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Hardware
  • Software
  • Services

U.S. Digital Signage Hardware Components Outlook (Revenue, USD Million, 2017 - 2030)

  • Displays
  • Media Players & Extenders
  • Others (Mounting Devices & Components)

U.S. Digital Signage Display Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Video Walls
  • Video Screens
  • Transparent LED Screens
  • Digital Posters
  • Kiosks
  • Others

U.S. Digital Signage Display Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • LCD
  • LED
  • Projection

U.S. Digital Signage Display Size Outlook (Revenue, USD Million, 2017 - 2030)

  • Below 32 Inches
  • 32 to 52 Inches
  • More than 52 Inches

U.S. Digital Signage Software Outlook (Revenue, USD Million, 2017 - 2030)

  • Display Software
  • Audience Analytics & Engagement Software

U.S. Digital Signage Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Retail
  • Hospitality
  • Entertainment
  • Stadiums & Playgrounds
  • Corporate
  • Banking
  • Healthcare
  • Education
  • Transportation

U.S. Digital Signage Location Outlook (Revenue, USD Million, 2017 - 2030)

  • In-store
  • Out-store

U.S. Digital Signage Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • Northeast
    • New York
    • Maryland
    • Pennsylvania
  • Southeast
    • Florida
    • North Carolina
  • West
    • California
    • Idaho
    • Nevada
  • Midwest
    • Illinois
    • Ohio
    • Nebraska
    • Minnesota
  • Southwest
    • Texas

List of Key Players of U.S. Digital Signage Market

  • NEC Display Solutions of America, Inc.
  • BrightSign LLC
  • Planar System Inc.
  • Cisco Systems, Inc.
  • Intel Corporation
  • Microsoft Corporation
  • Keywest Technology, Inc.
  • Scala, Inc.
  • Visix, Inc.
  • Panasonic Corporation of North America
  • Hughes Network Systems LLC

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.

Virtual Reality Market to Incur Meteoric Growth During the Forecast Period: Grand View Research Inc.

Virtual Reality Market Growth & Trends

The global virtual reality market size is expected to reach USD 435.36 billion by 2030, growing at a CAGR of 27.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of user immersion technology in industries, such as education, industrial training, and healthcare, among others, is expected to drive market growth. In addition, internet penetration in the form of high-speed 5G networks has positively impacted the adoption of Virtual Reality (VR) technology due to fast and low-latency internet connections. The growing demand for training and research across industries, such as education, aerospace & defense, and automotive, is also driving the growth of the market. For instance, in October 2022, Meta Platforms, Inc. launched the Meta Quest Pro VR headset with the Snapdragon Qualcomm XR2+ chipset.

According to the company, the headset is targeted toward professionals and creators looking for high-end VR headsets. VR technology has enabled e-commerce companies to let users shop virtually. This technology creates an interactive environment and helps improve the overall shopping experience for users. The demand for virtual reality in the education sector is also growing as teachers can conduct interactive academic sessions on VR-based online platforms to facilitate better collaboration. North America is anticipated to hold a significant share in the market by 2030 owing to the dominance of technology companies in the region. Technology penetration in the region and the availability of new VR products are expected to boost the region's growth further. Moreover, the emergence of various start-ups related to virtual reality (VR) is expected to help create growth opportunities for the market.

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Virtual Reality Market Report Highlights

  • The Gesture Tracking Device (GTD) segment is expected to grow at the highest CAGR of 29.9% over the forecast period due to the trend of gesture tracing for enhanced immersion
  • The semi & fully immersive technology segment held the largest revenue share of 82.7% in 2022 due to the realistic experience provided by the technology that closely simulates real-world scenarios
  • The software component segment is expected to grow at the highest CAGR of 29.7% from 2023 to 2030 due to the growing demand for VR applications in gaming and entertainment
  • Asia Pacific accounted for the largest revenue share of over 39% in 2022 due to the presence of leading VR equipment manufacturers and encouraging initiatives by the governments for the use of advanced technologies

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

Virtual Reality Market Segmentation

Grand View Research has segmented the global virtual reality market based on device, technology, component, application, and region:

VR Device Outlook (Revenue, USD Million, 2018 - 2030)

  • Head-Mounted Display (HMD)
  • Gesture-Tracking Device (GTD)
  • Projectors & Display Wall (PDW)

VR Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Semi & Fully Immersive
  • Non-immersive

VR Component Outlook (Revenue, USD Million, 2018 - 2030)

  • Hardware
  • Software

VR Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Aerospace & Defense
  • Consumer
  • Commercial
  • Enterprise
  • Healthcare
  • Others

VR Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Virtual Reality Market

  • Alphabet Inc.
  • Barco NV
  • CyberGlove Systems, Inc.
  • Meta Platforms Inc.
  • HTC Corp.
  • Microsoft Corp.
  • Samsung Electronics Co., Ltd.
  • Sensics, Inc.
  • Sixense Enterprises, Inc. (Penumbra, Inc.)
  • Ultraleap Ltd.

About Grand View Research

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

Monday, 5 February 2024

Sports Betting Market to Reap Excessive Revenues By 2030

Sports Betting Market Growth & Trends

The global sports betting market size is estimated to reach USD 182.12 billion by 2030, registering a CAGR of 10.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. This growth of the market is driven by the proliferation of internet infrastructure and evolving regulatory landscape of the entire gambling industry across the world. In addition, the increase in the number of sports events and leagues worldwide such as the NFL, FIFA World Cup, Carabao Cup, and UEFA Europa League has positively influenced the growth of the market. Furthermore, an increase in disposable income and the rising usage of AI and blockchain technologies to improve the prediction algorithms in betting software are likely to boost the growth of the market during the forecast period.

Esports, which is an organized, multiplayer video game competition, played by professional players, individuals, or teams, has gained massive popularity during the COVID-19 pandemic and witnessed a surge in the number of events worldwide. Market players are utilizing the increased number of esports events to offer an opportunity for their customers to bet on such esports competitions and earn extra income. The surge in online sports events backed up by a rise in the number of esports tournaments offers stable growth opportunities for the betting industry. For instance, according to the report by the U.K. Gambling Commission, there was a huge 2922% year-on-year rise in esports betting revenue from March 2019 to March 2020.

Major players in the global betting industry now operate via official websites and online platforms to cater to the increased demand for sports betting. Additionally, the market players are expanding their presence across countries with supportive regulatory compliance. For instance, in December 2021, Unikrn Inc., a global esports betting & entertainment media company introduced its betting platform in Canada and Brazil. In addition to this launch, the company has further announced to increase its presence across a greater number of regulated markets in 2023.

The lives of multiple households around the globe have been affected during the COVID-19 pandemic. In addition, this situation led to the cancellation of worldwide sports matches and the closure of land-based casinos and betting shops. However, the pandemic expanded the online sports betting industry due to the rise of esports and virtual sporting events. The popularity of online sports betting increased during the pandemic with an upsurge in the number of betting participants. For instance, according to a study conducted by Public Health England, online casino gambling had seen growth by nearly 9.0% during the pandemic. Furthermore, as per the GB Gambling Commission survey, betting habits among people have changed due to Covid-19, with mobile devices continuing to be the most popular medium for gambling. The survey also found a massive inclination towards esports betting across the globe.

Request a free sample copy or view the report summary: Sports Betting Market Report

Sports Betting Market Report Highlights

  • North America is expected to witness a CAGR of around 11% during the forecast period. The U.S. has legalized sports betting in 36 states as of January 2023, which is a promoting factor for the regional market growth
  • The online platform segment dominated the market in 2022 and is expected to showcase the highest CAGR during the forecast period
  • The fixed-odds wagering segment accounted for a significant market share in 2022. However, the eSports betting segment is likely to witness growth at the fastest CAGR during the forecast period owing to the surge in demand for interactive games
  • Football, also known as soccer, registered the highest market share in 2022. Horseracing, followed by football, is extremely popular and accounted for the second-highest market share

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

Sports Betting Market Segmentation

Grand View Research has segmented the global sports betting market based on platform, betting type, sports type, and region:

Sports Betting Platform Outlook (Revenue, USD Billion, 2018 - 2030)

  • Offline
  • Online

Sports Betting Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Fixed Odds Wagering
  • Exchange Betting
  • Live/In-Play Betting
  • eSports Betting
  • Others

Sports Betting Sports Type Outlook (Revenue, USD Billion, 2018 - 2030)

  • Football
  • Basketball
  • Baseball
  • Horse Racing
  • Cricket
  • Hockey
  • Others

Sports Betting Region Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Sports Betting Market

  • 888 Holdings Plc
  • Bet365
  • Betsson AB
  • Churchill Downs Incorporated
  • Entain plc
  • Flutter Entertainment Plc
  • IGT
  • Kindred Group Plc
  • Sportech Plc
  • William Hill Plc

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.

Metaverse Market Expected to Collect $936.6 Billion by the End of 2030: Grand View Research Inc.

 Metaverse Market Growth & Trends

The global metaverse market size is predicted to attain USD 678.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 39.4% over the forecast period, owing to increasing demand from end-use industries, which prominently include media and entertainment, education, and aerospace and defense is anticipated to propel the industry growth over the forecast period. The metaverse market is also growing due to the steady adoption of XR technologies to enhance user experience on various platforms. The growing demand for metaverse to purchase digital assets using cryptocurrencies is expected to drive the market significantly. The development and distribution of Augmented reality (AR), Virtual Reality (VR), and Mixed Reality (MR) devices are anticipated to spur market growth in years to come.

The prefix "meta" is commonly used in Greek to denote "after" or "beyond." The metaverse is a three-dimensional interactive and immersive environment where several people can interact through avatars. The usage of the metaverse to purchase digital assets using bitcoin is becoming more popular around the world. Gaming websites, messaging applications, and social media platforms such as Facebook are being used to communicate with one another online. The metaverse is the advent of new online environments in which people's interactions are more multidimensional and they can engage more deeply with digital content rather than merely reading it.

The metaverse is widely used as a real-time virtual world to build and leverage vast opportunities for brand connection. It would also set the stage for the next phase of post-COVID-19 digital activity, namely the emergence of digital social experiences. On Metaverse platforms that allow blockchain technology to be utilized, users can create, own, and trade autonomous digital assets and virtual regions using cryptocurrencies like Bitcoin and Ethereum, as well as nonfungible tokens (NFTs). During the forecast period, rising demand for blockchain-based metaverse networks and platforms for trading digital assets is expected to drive considerable market revenue growth. One of the major factors driving the future expansion of the metaverse business is the rise of the gaming industry.

Recent Developments:

  • In January 2022, The Sandbox has announced a partnership with Warner Music Group to launch the first music-themed world in The Sandbox metaverse. Warner Music Group (WMG) would be taking its initial steps into the metaverse and NFT sector with this alliance
  • In November 2021, Tencent has announced that it has partnered with The Asian Institute of Digital Finance. The companies will collaborate in the areas of education, research, and entrepreneurship to support Asia’s fintech industry
  • In November 2021, Epic Games, Inc acquired Harmonix Music Systems, Inc. While continuing to support existing products such as Rock Band 4, the Harmonix team will work closely with Epic Games, Inc to develop musical adventures and gameplay for Fortnite
  • In October 2021, Facebook Reality Labs was estimated to spend at least USD 10 billion on the development of Augmented Reality (AR) and Virtual Reality (VR) hardware, software, and content. Facebook Reality Labs is the division of Meta Platform, Inc, which was formerly known as Facebook, Inc.
  • In July 2021, Epic Games, Inc. acquired Sketchfab, Inc. Sketchfab is a 3D asset marketplace where users can publish, download, view, share, sell, and buy 3D models
  • In June 2021, Tencent's game division, TiMi Studios had announced a new agreement with SNK CORPORATION to produce a new, unnamed mobile game based on the famous arcade franchise Metal Slug
  • In March 2021, NetEase, Inc’s NetEase Cloud Music, and Merlin Network have expanded their strategic alliance in China to embrace a broader range of collaboration. The original partnership between Merlin Network and NetEase Cloud Music was signed in 2018
  • In December 2017, ByteDance Ltd. and EQUALS formed a partnership. EQUALS is a global network of CEOs, governments, non-profit organizations, communities, and individuals working to close the digital gender gap. The formal agreement was revealed at a ceremony hosted by Bytedance in Beijing during the Global Festival of AI, which included representatives from both organizations

Request a free sample copy or view report summary: Metaverse Market Report

Metaverse Market Report Highlights

  • The hardware sub-segment in the product segment dominated the global metaverse market in 2021 and accounted for the largest market share, owing to the increased adoption of AR, VR, and MR devices
  • Displays captured the highest revenue share in the hardware sub-segment in 2021 whereas, programming engines dominated the software sub-segment with the largest market share
  • Desktop and headsets dominated the market with 42.2% and 34.9% of the total revenue shares in 2021, respectively, and are projected to remain the highest revenue-generating segments during the forecast period
  • The VR and AR technology sector held the largest revenue share in 2021 as multiple industries such as gaming, healthcare, education, and entertainment have increasingly incorporated VR and AR technology for numerous purposes. Human resource domains are also incorporating the use of VR and AR devices for employee training
  • In terms of offerings, the virtual platform segment accounted for the largest market share in 2021 and is anticipated to exhibit significant growth, owing to the increased adoption of these platforms for multiple uses such as adverting, branding, and academics. Many key players have also realized that virtual platforms help reduce capital expenditures and operating expenses
  • The gaming segment is projected to dominate the application segment. The content and social media segment is anticipated to witness considerable growth over the forecast period owing to the increased demand for social media applications
  • The North American region accounted for the largest market share in 2021, owing to the high adoption of metaverse platforms
  • The Asia Pacific region is likely to witness a robust growth rate over the forecast period, owing to factors such as demand for a better viewing experience, an increasing number of start-ups like OneRare, LOKA, and Bolly Heroes

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

Metaverse Market Segmentation

Grand View Research has segmented the global metaverse market based on product, platform, technology, offering, application, end use, and region:

Metaverse Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Hardware
    • Displays
    • eXtended Reality (XR) Hardware
      • Haptic Sensors & Devices
      • Smart Glasses
      • Omni Treadmills
    • AR/VR Headsets
    • Others
  • Software
    • Asset Creation Tools
    • Programming Engines
  • Services

Metaverse Platform Outlook (Revenue, USD Million, 2017 - 2030)

  • Desktop
  • Mobile
  • Headsets

Metaverse Technology Outlook (Revenue, USD Million, 2017 - 2030)

  • Blockchain
  • Virtual Reality (VR) & Augmented Reality (AR)
  • Mixed Reality (MR)
  • Others

Metaverse Offering Outlook (Revenue, USD Million, 2017 - 2030)

  • Virtual Platforms
  • Asset Marketplaces
  • Avatars
  • Financial Services

Metaverse Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Gaming
  • Online Shopping
  • Content Creation & Social Media
  • Events & Conference
  • Digital Marketing (Advertising)
  • Testing and Inspection
  • Others

Metaverse End-use Category Outlook (Revenue, USD Million, 2017 - 2030)

  • BFSI
  • Retail
  • Media & Entertainment
  • Education
  • Aerospace and Defense
  • Automotive
  • Others

Metaverse Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players of Metaverse Market

  • Meta Platforms, Inc.
  • Tencent Holdings Ltd.
  • ByteDance Ltd.
  • NetEase, Inc.
  • Nvidia Corporation
  • Epic Games, Inc.
  • Roblox Corporation
  • Unity Technologies, Inc.
  • Lilith Games
  • Nextech AR Solutions Corp.
  • The Sandbox
  • Active Theory
  • Decentraland
  • Microsoft Corporation

About Grand View Research

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

Legal Services Market Competitive Insight and Key Drivers 2023 to 2030: Grand View Research Inc.

 Legal Services Market Growth & Trends

The global legal services market size is anticipated to reach USD 1,362.81 billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rapid growth can be attributed to increasing globalization and the expansion of in-house legal departments in the corporate sector. The increasing prevalence of economic crimes, such as fraud and cybercrimes is fueling the demand for legal services around the globe. On the other hand, businesses are increasingly employing Alternate Legal Service Providers (ALSPs) for routine legal services, further creating growth opportunities for the market.

There is an increasing trend of building in-house legal departments across large enterprises, while small and medium-sized enterprises are turning towards consulting firms to reduce legal costs. This significant focus on legal services in the corporate sector has contributed to its substantial market share throughout the historic and forecast period. Rising demand for legal services associated with intellectual property in the corporate sector is projected to further boost demand for legal services in upcoming years.

Litigation funding or financing is one of the fastest-growing trends in the global legal services industry. A third party provides financial assistance to a litigant in this mechanism. It is the practice where a third party unrelated to the lawsuit offers capital to a litigant involved in litigation in return for a portion of financial recovery from the lawsuit. This type of funding helps enhance the winning chances for litigants who may not have the financial resources to pursue their claims against better-funded and larger defendants.

In recent years, litigation funding has grown rapidly and become more mainstream. HMR Servicing, Fair Rate Funding, Fast Funds, and USClaims are some of the litigation funding firms that specialize in providing capital to litigants and law firms involved in litigation. Further, large law firms collaborate with smaller firms to enhance their litigation service offerings. For instance, in July 2023, Womble Bond Dickinson partnered with Simmonds & Narita L.P., a boutique litigation firm, to enhance the dispute resolution and litigation practice rate of Womble Bond Dickinson.

Request a free sample copy or view report summary: Legal Services Market Report

Legal Services Market Report Highlights

  • Corporate is projected to be the leading service segment over the forecast period, as arguments over harassment of employees, and organizational discrimination audits, and copyright violation & patent infringement continue to rise
  • The private practicing attorneys provider segment is predicted to grow significantly throughout the forecast period due to expanded opportunities for attorneys in both large and small and mid-sized businesses
  • Law firms are modifying their hiring practices to meet the changing needs of their customers. In addition, law firms are partnering with professional service providers to deliver unified, diverse services to their clients
  • Asia Pacific has experienced exponential growth fueled by the rise in demand for legal services due to the increase in cross-border transactions and the growing complexity of business transactions

Access Press Release@ https://www.grandviewresearch.com/press-release/legal-services-market

Legal Services Market Segmentation

Grand View Research has segmented the global legal services market based on service, firm size, provider, and region:

Legal Service Outlook (Revenue, USD Billion, 2018 - 2030)

  • Taxation
  • Real Estate
  • Litigation
  • Bankruptcy
  • Labor/Employment
  • Corporate

Legal Services Firm Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • Large Firms
  • Medium Firms
  • Small Firms

Legal Services Provider Outlook (Revenue, USD Billion, 2018 - 2030)

  • Private Practicing Attorneys
  • Legal Business Firms
  • Government Departments
  • Others

Legal Services Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • Latin America
    • Brazil
    • Argentina
    • Chile
  • Middle East and Africa
    • South Africa

List of Key Players in the Legal Services Market

  • Baker McKenzie LLP
  • Clifford Chance
  • Deloitte
  • DLA Piper LLP
  • Ernst & Young Global Limited
  • Kirkland & Ellis LLP
  • KPMG
  • Latham & Watkins
  • PwC
  • Skadden, Arps, Slate, Meagher & Flom LLP

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.

Natural Flavors And Fragrances Market Outlook & Future Forecast Report Till 2030

 Natural Flavors And Fragrances Market Growth & Trends

The global natural flavors and fragrances market size is expected to reach USD 15.83 billion by 2030, registering a CAGR of 6.3% during the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the increasing awareness about the adverse effects caused by artificial as well as synthetic products used in the cosmetics and food & beverages industry. In addition, the availability of natural products as an alternative is propelling the market growth. Natural flavors & fragrances are now widely accepted by industries like food & beverage, cosmetic & personal care, and pharmaceuticals. The growing population has been increasing the consumption of food & beverages, cosmetic & personal care products, and pharmaceuticals and is likely to further escalate the consumption in the near future. The global industry is anticipated to grow at a steady CAGR over the forecast period due to the presence of major players that are utilizing natural flavors & fragrances in their products.

Companies, such as BASF SE, Blue Pacific Flavours, Inc., BIOLANDES SAS, and Symrise AG, are some major manufacturers. Governments tend to be more flexible in the use of natural products over synthetic counterparts and provide elasticity in their use and consumption for various purposes. The COVID-19 pandemic has resulted in many changes in the industry, such as the collapsed supply chain system and restrictions on transportation. Many large- and small-scale organizations had to shut down their production for several months during the pandemic. This factor slowed down the industry growth and limited production & supply. Furthermore, the outbreak led to the shutdown of hotels, restaurants, retail stores, and eateries, thereby lowering the consumption of natural flavors & fragrances in the food & beverage industry.

Request a free sample copy or view the report summary: Natural Flavors And Fragrances Market Report

Natural Flavors And Fragrances Market Report Highlights

  • The essential oils segment is expected to witness the fastest growth rate from 2022 to 2030 owing to the increasing consumer preference for natural & organic products from various end-use industries like food & beverages and cosmetics
  • The extraction process segment will have the fastest CAGR from 2022 to 2030 since it ensures hydrolysis of water-sensitive compounds & ensures superior quality of products as it operates efficiently under higher temperatures and requires a shorter extraction time
  • The flavors application segment is expected to witness the fastest CAGR over the forecast period due to wide product usage in the global food & beverages industry
  • Asia Pacific is expected to witness the fastest growth rate of 6.8%, owing to large demand from countries such as India, and China which are considered pioneers and some of the largest exporters of some precious oils and extracts
  • The competition in the industry is high due to the presence of several large-scale manufacturers, such as BASF SE and MANE, which are engaged in the production of naturally-derived fragrances & flavors

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

Natural Flavors And Fragrances Market Segmentation

Grand View Research has segmented the global natural flavors and fragrances market based on product, technology, application, and region:

Natural Flavors And Fragrances Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Essential Oils
    • Orange
    • Corm Mint
    • Eucalyptus
    • Pepper Mint
    • Lemon
    • Citronella
    • Patchouli
    • Clove
    • Ylang/Ylang Cananga
    • Lavender
    • Others
  • Oleoresins
    • Paprika
    • Black Pepper
    • Turmeric
    • Ginger
    • Others
  • Dried Crops
  • Herbal Extracts
  • Others

Natural Flavors And Fragrances Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Fermentation
  • Extraction
  • Distillation
  • Others

Natural Flavors And Fragrances Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Flavors
    • Confectionery
    • Convenience Food
    • Bakery Food
    • Dairy Food
    • Beverages
    • Animal Feed
    • Others
  • Fragrances
    • Fine Fragrances
    • Cosmetics & Toiletries
    • Soaps & Detergents
    • Aromatherapy
    • Others

Natural Flavors And Fragrances Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
    • Spain
    • Portugal
    • Turkey
  • Asia Pacific
    • China
    • India
    • Japan
    • Southeast Asia
  • Central & South America
    • Brazil
    • Colombia
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa

List of Key Players in Natural Flavors And Fragrances Market

  • MANE
  • Keva Flavours Pvt. Ltd.
  • DOHLER GmbH
  • Blue Pacific Flavours, Inc.
  • Stringer Flavours Ltd.
  • BIOLANDES
  • Young Living Essential Oils, LC.
  • d? TERRA
  • Falcon
  • BASF SE
  • Symrise
  • Firmenich SA
  • Givaudan
  • International Flavors & Fragrances Inc.
  • FLAVEX Naturextrakte GmbH
  • Universal Oleoresins
  • Manohar Botanical Extracts Pvt. Ltd.
  • Sensient Technologies
  • Takasago International Corporation
  • HASEGAWA CO., LTD.
  • ROBERTET
  • McCormick & Company, Inc.
  • Kerry Group plc
  • ADM

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.

U.S. Population Health Management Market Analysis By Leading Players, Types, Growth Factors, Demand, Opportunities, Current Trends & Predictions

 U.S. Population Health Management Market Growth & Trends

The U.S. population health management market size is expected to reach USD 103.7 billion in 2030, registering a CAGR of 19.54% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increase in healthcare expenditure, need for value-based healthcare delivery, and effective disease management across different care settings are among the key factors expected to drive the market during the forecast period.

In the U.S., poor healthcare management results in the loss of productivity and a significant portion of healthcare costs. Adoption of PHM software by employers helps in the management of their healthcare budget as they can keep a track of the employees’ health status. The market is likely to witness rapid growth in the coming years due to the growing demand for healthcare IT services and solutions that encourage healthcare delivery reliant on value, resulting in a transition from Fee-For-Service to a value-based payment model.

Population health management is built on a Fee-for-Service (FFS) reimbursement method, wherein physicians and other healthcare providers are reimbursed by government agencies and insurance companies on basis of the number of services offered to patients. The new payment model allows reimbursement based on the quality of care delivered and provides comprehensive tools to handle financial and clinical risk for value-based care delivery.

The COVID-19 pandemic has changed the outlook of healthcare in the U.S. with the advanced use of web-based technology in healthcare. Healthcare providers are increasingly investing in PHM software to offer better outcomes. PHM can also be used for tracking the vital signs of patients discharged from hospitals, which can then be analyzed to offer meaningful insights into a patient’s health. The lockdown has disrupted the existing system and PHM systems are the current need to manage the patient population.

Request a free sample copy or view report summary: U.S. Population Health Management Market Report

U.S. Population Health Management Market Report Highlights

  • An increase in healthcare expenditure, the need for value-based healthcare delivery, and effective disease management across different care settings is expected to drive the market
  • The services segment dominated the global market in 2022, while the software segment is likely to register the fastest CAGR over the forecast period
  • The market is now shifting to a value-based payment model. The value-based contracts are expected to grow substantially in the coming years

Access Press Release@ https://www.grandviewresearch.com/press-release/us-population-health-management-market-analysis

U.S. Population Health Management Market Segmentation

Grand View Research has segmented the U.S. population health management market based on product and end use:

U.S. Population Health Management Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Software
  • Services

U.S. Population Health Management End-use Outlook (Revenue, USD Billion, 2017 - 2030)

  • Providers
  • Payers
  • Employer Groups

List of Key Players in the U.S. Population Health Management Market

  • Allscripts Healthcare
  • Cerner Corp.
  • Conifer Health Solutions, LLC
  • EClinicalWorks
  • Enli Health Intelligence
  • McKesson Corp.
  • Medecision
  • Optum, Inc.
  • Advisory Board
  • Koninklijke Philips N.V.
  • Athenahealth, Inc.
  • RedBrick Health
  • Welltok

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.

Thursday, 1 February 2024

Leather Goods Market to Penetrate Untapped Regions During 2023 to 2030: Grand View Research Inc.

 Leather Goods Market Growth & Trends

The global leather goods market size is anticipated to reach USD 624.08 billion by 2028, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. Rising fashion consciousness among consumers has been a key factor boosting the product demand and this has driven various brands to expand their product portfolio. Apart from leading labels and brands, smaller manufacturers have also been gaining importance in the market. Various startups have come up with customized leather products to meet the changing demands of consumers.

For instance, 1 Atelier, a U.S.-based start-up formed in 2015, allows customers to customize the color and hardware of their leather handbags. Strong brand recognition, along with an increasing number of companies entering the market, is driving the sales of leather goods in the market. E-commerce retail channels play a significant role in the distribution of leather goods as a considerable amount of the market revenue is generated through these channels. Online sales channels make it easy for consumers to browse through millions of products at one place without having to physically visit retail stores. Millennials have been one of the prominent consumer segments driving the growth of online distribution channels.

According to the Global Online Survey data, the propensity of millennials to purchase leather goods through online platforms was almost twice that of Generation-X in 2018. The increasing working population and the rising disposable income also drive market growth. Several companies enforce a corporate dress code, which supports the demand for leather shoes. The rising awareness regarding sustainable products offers a huge growth opportunity to the products made from cruelty-free sources. Many celebrities have been opting for vegan fashion products, which influences consumers to conscientiously choose cruelty-free apparel.

Request a free sample copy or view report summary: Leather Goods Market Report

Leather Goods Market Report Highlights

  • The vegan leather segment was valued at USD 16.61 billion in 2022 and is anticipated to grow at a CAGR of over 8% during the forecast period. Veganism is becoming a prominent lifestyle for many consumers, resulting in a higher demand for fashionable vegan apparel across the globe
  • Automotive accessories are projected to be the fastest-growing segment over the forecast period. Increasing demand for leather seats, due to the luxurious look it gives, will drive up its demand in the forecast period
  • The footwear segment was valued at USD 95.48 billion in 2022. Consumers prefer good-quality leather shoes and are willing to pay a higher price for the same to help improve their overall appearance
  • Various brands, such as Nike, Puma, and Adidas, collaborate with celebrities to come up with new products that are priced higher than other products offered by the brands. For instance, Stella McCartney and Kanye West collaborated with Adidas. These trends are expected to impact the market for footwear over the forecast period
  • Asia Pacific is projected to remain at the forefront, in terms of CAGR, over the forecast period. Led by countries such as China and India, the growth of the Asia-Pacific leather goods industry is driven by the increasing demand for premium and luxury products

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

Leather Goods Market Segmentation

Grand View Research has segmented the global leather goods market based on type, product, and region:

Leather Goods Type Outlook (Revenue, USD Billion, 2017 - 2030)

  • Genuine Leather
  • Synthetic Leather
  • Vegan Leather

Leather Goods Type by Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Genuine Leather
    • Handbags
    • Small Leather Goods/ Accessories
    • Apparel
    • Footwear
    • Home Décor and Furnishing
    • Pet Accessories
    • Automotive Accessories
  • Synthetic Leather
    • Polyurethane Leather
      • Handbags
      • Small Leather Goods/ Accessories
      • Apparel
      • Footwear
      • Home Décor and Furnishing
      • Pet Accessories
      • Automotive Accessories
    • PVC Leather
      • Handbags
      • Small Leather Goods/ Accessories
      • Apparel
      • Footwear
      • Home Décor and Furnishing
      • Pet Accessories
      • Automotive Accessories
    • Vegan Leather
      • Handbags
      • Small Leather Goods/ Accessories
      • Apparel
      • Footwear
      • Home Décor and Furnishing
      • Pet Accessories
      • Automotive Accessories

Leather Goods Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Handbags
    • Tote Bag
    • Clutch
    • Satchel
    • Others
  • Small Leather Goods/ Accessories
    • Wallets
    • Pouches
    • Card Holders
    • Phone Covers/Cases
    • Watch Straps
    • Others (Luggage Tags, Pencil Cases, etc.)
  • Apparel
    • Men
      • Shirts
      • Pants
      • Suits, Coats & Jacket
      • Overalls
      • Others (Kilts, Vests, Chaps, etc.)
    • Women
      • Skirts
      • Coats & Jackets
      • Pants
      • Others (Vests, Chaps, etc.)
    • Children
      • Suits, Coats & Jackets
      • Vests
      • Pants
      • Skirts
      • Chaps
    • Footwear
      • Athletic
        • Men
        • Women
        • Children
      • Non-athletic
        • Men
        • Women
        • Children
      • Home Décor and Furnishing
        • Decorative Wall Hangings’
        • Tabletop decorative items
        • Hanging Storage
        • Leather Furniture
        • Other
      • Pet Accessories
        • Pet Collar and Leads
        • Leather Pet Toys
      • Automotive Accessories
        • Seating Systems
        • Others

Leather Goods Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • France
    • Italy
  • Asia Pacific
    • China
    • India
  • Central and South America
    • Brazil
  • Middle East and Africa

List of Key Players of the Leather Goods Market

  • Adidas AG
  • Nike, Inc.
  • Puma SE
  • Fila, Inc.
  • New Balance Athletics, Inc.
  • Knoll, Inc.
  • Samsonite International S.A.
  • VIP Industries Ltd.
  • Timberland LLC
  • Johnston & Murphy
  • Woodland Worldwide
  • Hermès International S.A.
  • Louis Vuitton Malletier
  • VF Corporation
  • COLLAR Company
  • LUCRIN Geneva
  • Nappa Dori
  • Saddles India Pvt. Ltd.
  • Lear Corporation

About Grand View Research

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

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...