Mobile Identity Management Market is Thriving $16.97 Billion Revenue by 2030: Grand View Research Inc.

 Mobile Identity Management Market Growth & Trends

The global mobile identity management market size is expected to reach USD 16.97 billion by 2030 and grow at a CAGR of 26.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Mobile Identity Management (MIM) solutions are becoming increasingly important as more employees use mobile devices to access company data and applications. With the advent of mobile workforces and Bring Your Own Device (BYOD) regulations, MIM solutions provide organizations with a secure and practical approach to managing user identities and accessing company resources on mobile devices. The increased adoption of mobile devices and the necessity for safe access to corporate resources from these devices are projected to drive demand for MIM solutions. Furthermore, as more organizations migrate to cloud-based services, MIM solutions will safeguard access to such services.

With the proliferation of smartphones and tablets, the need to protect user identities and ensure secure access to services and data has become paramount. This market encompasses a range of solutions such as biometric authentication, mobile single sign-on, mobile device management (MDM), and mobile application management (MAM), catering to diverse industry verticals, including finance, healthcare, government, and more. As businesses and consumers increasingly rely on mobile devices for various tasks, the mobile identity management market continues to grow to meet the evolving security needs.

Mobile identity management solutions often include robust authentication and verification mechanisms to ensure that only authorized users gain access to sensitive information and applications. This can involve various methods such as passwords, PINs, biometric authentication (e.g., fingerprint, facial recognition, iris scanning), and multifactor authentication (combining two or more authentication factors for added security). Security threats, complexity, device fragmentation, user privacy concerns, and regulatory requirements are some of the difficulties organizations encounter while implementing MIM systems. MIM solutions can be challenging to deploy and manage when connected with other systems like identity and access management (IAM) and mobile device management (MDM).

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Mobile Identity Management Market Report Highlights

• The services segment is anticipated to observe a CAGR of 27.6% during the forecast period. The need for mobile identity management services is projected to rise owing to the growing demand among enterprises to manage the complexity of resources accessing mobile devices.
• The cloud segment is anticipated to observe a CAGR of 28.1% during the forecast period. Cloud-based MIM solutions offer organizations a secure and flexible way to manage and secure essential data. With the growing benefits among enterprises for adopting cloud-based solutions, such as improved scalability, cost-effectiveness, and accessibility, they are likely to turn to cloud-based MIM solutions to manage their mobile content, boosting the market growth.
• Small and medium-sized enterprises (SMEs) are anticipated to observe a CAGR of 27.4% during the forecast period. As mobile identity management influences small and medium-sized businesses (SMEs) to adopt secured identity management solutions, due to the growing importance of secured mobile devices, the SMEs surge to grow over the forecast period.
• The retail segment is anticipated to observe a CAGR of 31.1% during the forecast period. The growing demand among retailers to adopt MIM solutions for digital transformationand users’ & vendors’ data accessibility is fueling the demand for the market.
• Asia Pacific region is expected to grow at the fastest CAGR of 29.1% from 2024 to 2030, owing to the increasing adoption of mobile technologies and the growing digitalization of businesses in the region. Countries such as China, India, Japan, and South Korea have implemented privacy legislation and data protection that force enterprises to build robust identity and access management solutions.

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Mobile Identity Management Market Segmentation

Grand View Research has segmented the global mobile identity management market based on solution, professional services, deployment, enterprise size, End use, and region:

Mobile Identity Management Solution Outlook (Revenue, USD Billion, 2018 - 2030)

• Software
• Services
  • Professional Services
  • Managed Services

Mobile Identity Management Professional Service Outlook (Revenue, USD Billion, 2018 - 2030)

• Consulting
• Integration
• Support And Maintenance

Mobile Identity Management Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud-based
• On-premises

Mobile Identity Management Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Small And Medium Enterprise
• Large Enterprise

Mobile Identity Management End Use Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI
• IT and Telecom
• Retail
• Healthcare
• Transportation and Logistics
• Manufacturing
• Government
• Others

Mobile Identity Management Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Mobile Identity Management Market

• SOTI
• AppTec360
• Baramundi
• Broadcom, Inc.
• Oracle
• Okta
• Google
• IBM
• Ivanti
• Kaspersky Labs
• ManageEngine
• Micro Focus
• Microsoft Corporation
• SAP SE
• VMware

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.

Load Balancer Market: Precise Analysis on Business Overview, Product Scope And Ongoing Development 2030

 Load Balancer Market Growth & Trends

The global load balancer market size is expected to reach USD 16.14 billion by 2030, growing at a CAGR of 15.9% from 2024 to 2030, according to a new study by Grand View Research, Inc., The growing demand for data centers, cloud-based load-balancing services, and server virtualization are major drivers likely to create significant opportunities in the market. Additionally, favourable government initiatives and increased investments in digitization are further propelling market growth. For instance, the Indian Railway Catering and Tourism Corporation (IRCTC) has experienced a notable rise in online transactions due to increased web traffic, highlighting the need for robust load balancing solutions. Key industry players are investing in network infrastructure development, which is driving the demand for efficient load balancers. Consequently, the market is expected to see substantial growth during the forecast period.

The rising usage of connected devices has driven up the demand for load balancers, significantly contributing to market growth. Increased traffic in retail spaces, fuelled by the rapid expansion of e-commerce giants like Amazon and Flipkart (Walmart), is a key factor in this trend. High-profile sales events, such as Flipkart's Big Billion Day sale, attract substantial end-user traffic, necessitating load-balancing technologies to prevent server overloads. E-commerce platforms utilize these technologies to monitor and manage network traffic effectively. Furthermore, the development of platform-based applications and the emergence of software network technologies have bolstered the market growth. For instance, Cloud Load Balancing (CLB) distributes the load among all nodes in a data center to optimize resource utilization. The adoption of these solutions presents lucrative opportunities for market growth.

The adoption of load balancing has surged due to its ability to optimize resource consumption, data delivery, and response times for organizations managing high-traffic websites, applications, or databases. Load balancing ensures that user requests are processed swiftly and accurately in high-traffic scenarios, preventing users from experiencing slow applications and resources. Beyond managing traffic and enhancing efficiency, load balancing provides the flexibility to add or remove servers as needed. This ensures high accessibility and reliability by directing requests solely to active servers. This capability is expected to significantly drive the growth of the market during the forecast period.

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Load Balancer Market Report Highlights

• The software segment is expected to witness a CAGR of 16.8% during the forecast period. The increasing adoption of cloud computingand virtualization technologies is driving the demand for flexible and scalable load-balancing solutions. As businesses migrate their applications to the cloud and embrace hybrid cloud environments, the need for software-based load balancers that can dynamically adjust to changing workloads becomes paramount.
• The support and maintenance segment is expected to garner a CAGR of 19.3% during the forecast period. Outsourcing support and maintenance to third-party providers presents an external alternative for managing IT systems and hardware comprehensively, thereby alleviating concerns about maintaining the entire IT infrastructure amidst market disruptions. These external providers often offer tailored maintenance packages that are more comprehensive and personalized, thereby stimulating growth within the segment.
• The global load balancer segment is expected to register a CAGR of 16.4% during the forecast period. The growth of the segment is driven by the growing demand from businesses seeking to distribute server resources across multiple sites, highlighting the need for efficient traffic distribution to enhance the customer experience.
• The cloud segment is expected to register a CAGR of 18.0% during the forecast period, due to the advantages offered by cloud-based deployment, such as cost efficiency, flexibility, and ease of data access, coupled with the ongoing adoption of Work from Home (WFH) policies by companies, the trend towards cloud adoption continues to gain momentum.
• The small & medium enterprise segment is anticipated to grow at a CAGR of 16.2% during the forecast period, due to the proactive embrace of digital technologies like artificial intelligence and machine learningby SMEs, there's an acceleration in the enhancement of their products and services.
• The BFSI segment is presumed to grow at a CAGR of 15.3% over the forecast period. Technological advancements in the BFSI industry, including enhancements in net banking, security, and monitoring systems, have prompted banks and other financial institutions to adopt load-balancing technology.
• The Asia Pacific regional market is expected to grow at a CAGR of 17.9% over the forecast period. The market growth can be attributed to the increasing use of network traffic monitoring by business clients in rapidly developing countries like Singapore, China, and India. These nations are experiencing significant digital transformation, leading to higher demand for efficient network management solutions.

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Load Balancer Market Segmentation

Grand View Research has segmented the global load balancer market based on component, service, type, deployment, enterprise size, end-use, and region:

Load Balancer Component Outlook (Revenue, USD Billion, 2018 - 2030)

• Hardware
• Software
• Service

Load Balancer Service Outlook (Revenue, USD Billion, 2018 - 2030)

• Training and Consulting
• Integration and Deployment
• Support and Maintenance

Load Balancer Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Local Load Balancer
• Global Load Balancer

Load Balancer Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud
• On-premise

Load Balancer Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Large Enterprises
• Small & Medium Enterprises (SMEs)

Load Balancer End Use Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI
• Retail
• Government
• Manufacturing
• IT & Telecom
• Healthcare
• Others

Load Balancer Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Load Balancer Market

• A10Networkss, Inc.
• Amazon web services, Inc.
• ARRAY NETWORKS, INC
• Cloudflare, Inc.
• Cisco Systems, Inc.
• Citrix Systems, Inc.
• F5, Inc.
• Avi Networks
• Google LLC
• Hewlett Packard Enterprise Development LP
• Kemp Technologies
• IBM Corporation
• Microsoft Corporation
• Palo Alto Networks Inc.
• Radware

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.

North America Dishwasher Market to Penetrate Untapped Regions During 2024 to 2030: Grand View Research Inc.

 North America Dishwasher Market Growth & Trends

The North America dishwasher market size is estimated to reach USD 8.72 billion in 2030, growing at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing launches of smart dishwashers are contributing to the rise in acceptance and adoption of dishwashers in the region. These appliances offer remote monitoring and control via smartphone apps, adding convenience. Their integration with other smart home systems, such as voice assistants and home automation platforms, allows seamless operation and coordination with other devices. This appeals to tech-savvy consumers, contributing to the growth of and demand for dishwashers in the region during the forecast period.

Moreover, with the rise of the open concept living and a focus on home design, consumers are looking for dishwashers that not only perform well but also look aesthetically pleasing. This has led to an increase in demand for built-in and integrated dishwashers that blend seamlessly with the rest of the kitchen. Manufacturers are offering a variety of colors and finish options to match the overall design of the kitchen, contributing to the growing demand for dishwashers in the region during the forecast period.

The built-in dishwashers held the higher share of the North America market in 2023 and is expected to register a considerable CAGR over the forecast period. One of the primary drivers for the built-in dishwashers is the increasing emphasis on time-saving solutions in households. In today's fast-paced world, where individuals often juggle multiple responsibilities, the convenience of having a built-in dishwasher that can efficiently handle dishwashing tasks is highly valued. Unlike portable dishwashers, built-in models are permanently installed beneath kitchen countertops, offering a streamlined and hassle-free solution for cleaning dishes without occupying valuable floor space.

Major players in the market include Whirlpool Corporation, General Electrical Company (Haier Company), Samsung Electronics Co., Ltd., LG Electronics, Miele, Frigidaire (Electrolux AB), and Robert Bosch GmbH. Manufacturers in the market are continuously investing in Research and Development (R&D) to enhance the cleaning performance of their dishwashers by incorporating innovative wash systems, advanced filtration, and targeted spray jets. Moreover, manufacturers are diversifying their product offerings to cater to different market segments and consumer needs. This includes a range of dishwasher sizes, tub types, styles (built-in and freestanding), price points, and the offering of smart dishwashers along with conventional ones to accommodate various kitchen layouts, budgets, and lifestyle preferences.

For instance, in July 2023, Bosch Home Appliances launched a major update to its dishwasher portfolio, introducing the innovative PowerControl spray arm technology in the 800 and Benchmark Series models. This new feature allows for more powerful cleaning and flexible loading options in the lower rack. The new dishwashers also come with CrystalDry for improved drying results, Home Connect for smart monitoring and control, and modern design elements. The new line is available starting at USD 549, offering consumers advanced features to simplify their kitchen experience.

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North America Dishwasher Market Report Highlights

• The Canada market is expected to grow at the fastest CAGR over the forecast period. This growth is driven by demographic and lifestyle changes, particularly. As the population ages, there is an increasing need for convenient, time-saving appliances. Older adults often prefer appliances that make daily chores easier, and dishwashers meet this demand by simplifying kitchen cleanup, driving its demand in the country during the forecast period.
• The standard size (18 inches) dishwashers held the largest share in 2023. These size dishwashers generally have a greater capacity, allowing them to handle more dishes, cookware, and utensils per load. They also tend to offer more features than compact models.
• The sales of dishwashers through the online channel are expected to grow at the fastest CAGR over the forecast period. Online channels offer unparalleled convenience, allowing consumers to browse and purchase dishwashers from the comfort of their own homes. Moreover, online channels provide access to a broader geographic reach compared to physical stores, driving the growth of dishwasher sales through this channel in the region.

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North America Dishwasher Market Segmentation

Grand View Research has segmented the North America dishwasher market based on product, size (width), tub type, price range, distribution channel, and country:

North America Dishwasher Product Outlook (Revenue, USD Million, 2018 - 2030)

• Freestanding
• Built-In

North America Dishwasher Size (Width) Outlook (Revenue, USD Million, 2018 - 2030)

• Compact (18 inches)
• Standard (24 inches)

North America Dishwasher Tub Type Outlook (Revenue, USD Million, 2018 - 2030)

• Standard Tub
• Tall Tub
• Tall & Deep Tub

North America Dishwasher Price Range Outlook (Revenue, USD Million; Volume, Thousand Units; 2018 - 2030)

• Up to USD 500
• USD 501 to USD 1,500
• USD 1,501 to USD 3,000
• Above USD 3,000

North America Dishwasher Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Online
• Offline

North America Dishwasher Country Outlook (Revenue, USD Million, 2018 - 2030)

• US.
• Canada

List of Key Players in the North America Dishwasher Market

• Whirlpool Corporation
• Samsung Electronics Co. Ltd.
• Robert Bosch GmbH
• LG Electronics Inc.
• Frigidaire (Electrolux Inc.)
• Kenmore (Transform Holdco LLC)
• General Electric Company (Haier Company)
• AGA Rangemaster Limited
• Miele
• ASKO

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.

Passive & Interconnecting Electronic Components Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Passive And Interconnecting Electronic Components Market Growth & Trends

The global passive and interconnecting electronic components market size is projected to reach USD 258.01 billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Electronic components play an essential role in several verticals, including IT and telecommunication, consumer electronics, automotive, aerospace and defense, and healthcare. They form an indispensable part of an electronic system and help it function automatically. Moreover, the rapidly surging demand for consumer electronic goods and household appliances such as smartphones, laptops, digital cameras, and air conditioners is expected to fuel market growth over the forthcoming years.

The rising need for enhanced data speed among consumers, businesses, and industries has enabled key telecom operators such as AT&T, Verizon, China Mobile Limited, and KT Corp. to install 5G network infrastructure in order to deliver seamless connectivity to their customers. With a significant surge in demand for telecom equipment and network devices to build 5G network infrastructure, it is anticipated to augment the adoption of passive and interconnecting electronic components during the forecast period.

The rapidly evolving technologies such as robotics and sensors-based systems for industrial applications to improve overall productivity and operational efficiencies are further estimated to augment the demand for passive and interconnecting components. Furthermore, wearables such as smartwatches, virtual reality (VR) headsets, and fitness bands are gaining popularity among consumers. Also, consumers are spending a massive amount on their health and entertainment. As a result, it has accelerated the demand for the aforementioned wearable devices among consumers.

Companies manufacturing passive and interconnecting electronic components are investing in Research and Development (R&D) to provide innovative products to their customers. For instance, in March 2023, Linx Technologies, now part of TE Connectivity, announced the launch of new surface-mount Radio Frequency (RF) switch connectors that offer high isolation between ports to enhance data accuracy. These connectors, available in SWD and SWF versions, are designed for diagnostic measurement on printed circuit boards and meet stringent industry standards, making them suitable for high-volume applications.

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Passive And Interconnecting Electronic Components Market Report Highlights

• The passive segment is expected to register the fastest CAGR. This growth is attributed to the growing number of passive components required in new devices and vehicles owing to technological advancements. According to America II Group, LLC, a U.S.-based company, the number of inductors in a 5G smartphone is expected to grow to 50-70 from around 10 in a 4G smartphone. Similarly, the average number of Multilayer Ceramic Capacitors (MLCCs) in a 5G smartphone is expected to be over 5,000, from about 550 to 900 in a 4G smartphone.
• The consumer electronics segment dominated the market in 2023; the segment’s growth is driven by the growth in the demand for consumer electronics, such as smartphones and laptops, led by rising disposable income.
• In 2023, Asia Pacific led the market, driven by the presence of major manufacturers like Murata Manufacturing Co., Ltd., TDK Corporation, and YAGEO Group.
• In April 2024, KYOCERA AVX Components Corporation announced the launch of two new series of snap-in aluminum electrolytic capacitors, the SNL and SNA Series, designed for high reliability, high voltage, and long lifetime performance. These capacitors, which are lead-free, Restriction of Hazardous Substances (RoHS) compliant, and suitable for industrial and commercial applications, offer a range of rated voltages, case sizes, and capacitance values.

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Passive And Interconnecting Electronic Components Market Segmentation

Grand View Research has segmented the global passive and interconnecting electronic components market based on component, application, and region:

Passive & Interconnecting Electronic Component Outlook (Revenue, USD Million; 2017 - 2030)

• Passive
  • Resistors
  • Capacitors
  • Inductors
  • Transformers
  • Others
• Interconnecting
  • PCB
  • Connectors/Sockets
  • Switches
  • Relays
  • Others

Passive & Interconnecting Electronic Components Application Outlook (Revenue, USD Million; 2017 - 2030)

• Consumer Electronics
  • Mobile Phones
  • Personal Computers
  • Home Appliances
  • Audio and Video Systems
  • Storage Devices
  • Others
• IT & Telecommunication
  • Telecom Equipment
  • Networking Devices
• Automotive
  • Driver Assistance Systems
  • Engine Control Systems
  • Safety Systems
  • Infotainment Systems
  • Others
• Industrial
  • Industrial Automation and Motion Control
  • Industrial Power Electronics
  • Others
• Healthcare
  • Diagnostic Imaging Systems
  • Patient Monitoring Systems
  • Surgical Instruments and Robots
  • Consumer Medical Devices
  • Others
• Others

Passive & Interconnecting Electronic Components Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Passive And Interconnecting Electronic Components Market

• KYOCERA AVX Components Corporation
• Vishay Intertechnology, Inc.
• Murata Manufacturing Co., Ltd.
• TDK Corporation
• TAIYO YUDEN CO., LTD.
• TE Connectivity
• SAMSUNG ELECTRO-MECHANICS
• Hosiden Corporation
• YAGEO Group
• NICHICON CORPORATION
• Fenghua (HK) Electronics Ltd.
• ROHM CO., LTD.
• Amphenol Corporation
• Molex
• Samtec

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.

Sports Analytics Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 

Sports Analytics Market Growth & Trends

The global sports analytics market size is expected to reach USD 14.41 billion by 2030 and expand at 21.5% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The sports analytics market has witnessed substantial growth and evolution in recent years, emerging as a crucial component in the global sports industry. As technology continues to advance, teams, leagues, and organizations are increasingly recognizing the importance of data-driven insights to gain a competitive edge. Sports analytics involves the collection, analysis, and interpretation of data related to various aspects of sports, including player performance, team strategies, and fan engagement. The market encompasses a wide range of solutions and services, including player tracking systems, performance analysis software, predictive analytics tools, and data visualization platforms.

The demand for sports analytics is growing across various sports fields, including soccer, basketball, baseball, and rugby. Major sports leagues and teams are making significant investments in analytics to enhance scouting, recruitment, and strategic planning. The adoption of Machine Learning (ML) and Artificial Intelligence (AI) algorithms has further enhanced the capabilities of sports analytics, enabling more accurate predictions, injury prevention strategies, and advanced game simulations. ML algorithms can recommend players for certain positions based on their performances on home grounds, overseas performances, game conditions, and opponents they are facing.

The adoption of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and deep learning in the sports industry is revolutionizing the sports technology field. Several cameras are used to capture the game from different angles. This data is then fed into AI and ML models to address the challenges faced in previous games and improve player performance and management. The integration of AI with sports-related data helps optimize data collection and analysis tasks, which further helps sports clubs and organizations distribute essential resources and expertise toward more critical operations. Wearable computers are utilized for the real-time tracking of an athlete’s health. Wearables have made a difference in the lives of many players by supervising hydration, pulse rate, and temperature through their microscopic and wireless health monitoring system. This, in turn, reduces health risks such as dehydration or heart attacks among players. The technology has expanded from simple biometric monitoring to the implementation of the sports teams’ psychological and perceptual aspects, thereby enhancing their performance.

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Sports Analytics Market Report Highlights

• Software component growth is attributed to the rising adoption of analytics software by large sports organizations for analyzing and assessing the strength and weakness of players and improving their performances
• On-field analysis metrics enable teams to determine how to improve in-game strategies, nutrition plans, and other methods for elevating their athlete’s performance levels
• Technologies such as predictive measurements, data analytics, wearables, and mobile apps are changing the global baseball landscape. Baseball clubs and associations are adopting technological analytics for scouting, devising winning strategies and diagnosing and preventing player injuries
• The segmental growth of sports teams can be attributed to the increasing emphasis on data-driven decision-making by sports teams and clubs. In football, analytics are used to enhance various aspects of the game, including player performance, scouting, injury prevention, and fan engagement
• The market has seen the highest growth in Asia Pacific region due to upsurge in popularity of sports and the technology advancements in the countries including China, India, Japan, Australia, and South Korea. More and more organizations in the region are leveraging sports analytics solutions to gain insights into player performance, fan engagement, and team strategies
• In January 2024, SAP SE partnered with FC Bayern Munich to utilize AI technology in soccer scouting. The collaboration aims to enhance the club’s scouting processes by leveraging SAP Sports One, an innovative sports-specific software solution

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Sports Analytics Market Segmentation

Grand View Research has segmented the global sports analytics market based on component, analysis, sports, end-use, and region:

Sports Analytics Component Outlook (Revenue, USD Million; 2018 - 2030)

• Software
• Services

Sports Analytics Analysis Outlook (Revenue, USD Million; 2018 - 2030)

• On-Field
  • Player & Team Analysis
  • Video Analysis
  • Health Assessment
• Off-Field
  • Fan Engagement
  • Ticket Pricing

Sports Analytics Sports Outlook (Revenue, USD Million; 2018 - 2030)

• Football
• Cricket
• Baseball
• Basketball
• Rugby
• Others

Sports Analytics End-use Outlook (Revenue, USD Million; 2018 - 2030)

• Sports Team
• Sports Leagues/Associations
• Individual Players/Coaches
• Media Organization
• Sports Betting
• Others

Sports Analytics Region Outlook (Revenue, USD Million; 2018 - 2030)

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

List of Key Players in the Sports Analytics Market

• Agile Sports Analytics LLC
• Catapult Group International Ltd.
• ChyroHego Corporation
• Deltatre S.p.A.
• Experfy, Inc.
• Genius Sports Group
• International Business Machine (IBM) Corporation
• Oracle Corporation
• SAP SE
• Arecont Vision Coaster LLC
• The Sportradar Group
• Stats 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.

Compression Therapy Market Latest Trends, Industry Growth And Forecast To 2030: Grand View Research Inc.

Compression Therapy Market Growth & Trends

The global compression therapy market size is estimated to reach USD 5.34 billion in 2030 and is projected to grow at a CAGR of 7.62% from 2024 to 2030. Technological innovations resulting in the increasing adoption of compression therapy garments are the major factors driving the growth of the compression therapy market. In addition, the growing prevalence of venous and lymphatic diseases is leading to higher adoption of compression therapy products which is also driving the sales of the market.

For instance, according to the Lymphatic Education & Research Network, approximately 10 million Americans and hundreds of millions suffered from lymphedema and lymphatic diseases in 2022. The COVID-19 pandemic led to a rise in sales of compression therapy products with more people being hospitalized which led to an increase in the prevalence of venous disorders. Thus, resulting in a temporary rise in the sales of compression therapy products during the pandemic. However, a quick shift towards digital learning and an increasing inclination towards online work is resulting in lesser physical activities among individuals post the pandemic as well.

This in turn is leading to a larger section of the population being obese, creating a higher patient pool. As obese people are at a higher risk of developing chronic venous disorders. Thus, indicating a similar growth trend over the forecast period as well. Moreover, the growing government initiatives and increasing investments by key players in R&D are also expected to boost the growth of the compression therapy market over the forecast period. 

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Compression Therapy Market Report Highlights

• The static compression therapy segment accounted for a higher market share in 2023 owing to the high convenience and user-friendly attributes of this technology
• The dynamic compression therapy segment is predicted to undergo significant growth owing to the increasing recommendations of this technology by healthcare professionals
• Compressing pumps segment is expected to experience maximum growth during the forecast period due to the constantly evolving technological advancement of this product
• North America dominated the market due to the increasing prevalence of chronic venous disorders, especially in the U.S.
• Rising disposable income and increasing investments by key players in the Asia Pacific represent lucrative growth opportunities

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Compression Therapy Market Segmentation

Grand View Research has segmented the global compression therapy market based on technology, end-use, distribution channel, and region:

Compression Therapy Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Static Compression Therapy
  • Compression Bandages
  • Compression Stockings
  • Compression Tape
  • Others Compression Garments
• Dynamic Compression Therapy
  • Compression Pumps
  • Compression Sleeves

Compression Therapy End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Specialty Clinics
• Home Healthcare
• Physician’s Office
• Nursing Homes
• Others

Compression Therapy Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Institutional Sales
• Retail Sales

Compression Therapy Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Compression Therapy Market

• Essity Aktiebolag (publ).
• Cardinal Health
• Julius Zorn GmbH
• Hartmann AG
• Medi GmbH & Co.
• SIGVARIS
• BSN Medical GmbH
• ArjoHuntleigh
• 3M Health Care
• Spectrum Healthcare
• Bio Compression Systems, Inc.
• Stryker
• Gottfried Medical
• Tactile Medical

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.

Infection Control Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 Infection Control Market Growth & Trends

The global infection control market size is expected to reach USD 359.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 6.7% from 2023 to 2030. The market is driven by rising concerns with respect to a significant upsurge in hospital-acquired infections globally. This is believed to facilitate greater penetration of infection control products. An influx in the development of new biologics and subsequent demand for sterilized formulations serve as key growth factors for the overall market. Healthcare organizations are focused on implementing strategies for early recognition, reporting, isolation, and surveillance of disease episodes of potential public health concern.

In addition, an increasing number of intensive training modules, for nurses and other medical staff, on infection prevention and control is presumed to provide high potential for extensive usage of infection control products over the coming years. For instance, College of Nurses of Ontario released guidelines concerning standard practices, that is focused on maintaining hand hygiene to reduce contamination and spread of infection. Furthermore, Centers for Disease Control and Prevention (CDC) has released guidelines for disinfection and sterilization for efficient usage of infection control products by healthcare personnel in a wide array of healthcare settings such as ambulatory care, home care, hospitals, and others.

As a consequence of the aforementioned factors, it is presumed that there will be a significant improvement in the overall penetration rate of infection prevention and control products, which is also anticipated to fuel the market demand as well as the revenue to unprecedented heights. The demand for infection control also stemmed from the need to stop the spread of COVID-19. Governments' authorities prescribed guidelines and policies to safeguard public health and prevent cross-contamination. The CDC, and the U.S. Department of Health and Human Services, provide an extensive library of guidelines on basic infection control and prevention, device-associated infections, antibiotic resistance, disease / organism-specific infection, and procedure-associated infections to promote the control of hospital-acquired infections.

Increase in strategic initiatives undertaken by companies including include strategic partnerships, mergers and acquisitions, and product development are further propelling the market growth. For instance, Getinge expanded its partnership with XPO Logistics under which the latter will provide warehousing and transport services from the Netherlands to the EMEA region for the company’s infection control business unit in February 2021.

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Infection Control Market Report Highlights

• Services are predicted to observe exponential growth as a consequence of the increasing presence of third-party reprocessors and outsourcing of sterilization as a result of associated cost-efficiency
• Hospitals accounted for a substantial share in 2022, as a consequence of high clinical urgency to curb the growing incidence of hospital-acquired infections
• North America captured a dominant share of the overall market as of 2022 owing to extensive infection prevention activities being implemented in hospitals, medical device,s and pharmaceutical companies
• The market in Asia Pacific is projected to witness exponential growth during the forecast period as a result of increasing awareness pertaining to the spread of infections within healthcare settings and measures for prevention
• The competitive environment is marked by companies adopting sustainability strategies such as geographical expansion and mergers and acquisitions resulting in significant growth in their market share

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

Infection Control Market Segmentation

Grand View Research has segmented the global infection control market on the basis of type, end-use, and region:

Infection Control Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Equipment
  • Disinfectors
    • Washers
    • Flushes
    • Endoscope Reprocessors
  • Sterilization Equipment
    • Heat Sterilization Equipment
    • Low Temperature Sterilization Equipment
    • Radiation Sterilization Equipment
    • Filtration Sterilization Equipment
    • Liquid Sterilization Equipment
  • Others
• Services
  • Contract Sterilization
    • Ethylene Oxide Sterilization
    • E-beam Sterilization
    • Gamma Sterilization
    • Others
  • Infectious Waste Disposal
• Consumables
  • Infectious Waste Disposal
  • Disinfectants
  • Sterilization Consumables
  • Personal Protective Equipment
  • Others

Infection Control End-use Outlook (Revenue, USD Billion, 2018 - 2030)

• Hospitals
• Medical Device Companies
• Clinical Laboratories
• Pharmaceutical Laboratories
• Others

Infection Control Regional Outlook (Revenue in USD Million, 2018 - 2030)

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

List of Key Players of Infection Control Market

• 3M
• Belimed AG
• O&M Halyard or its affiliates.
• Getinge Group
• ASP
• MATACHANA
• Sterigenics U.S., LLC – A Sotera Health company
• MMM Group
• Cantel Medical Corp.
• STERIS plc.
• Midmark Corporation.
• Medivators Inc.
• W&H

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.

Urinalysis Market to Reap Excessive Revenues By 2030

 Urinalysis Market Growth & Trends

The global urinalysis market size is expected to reach USD 3.07 billion by 2030, expanding at a CAGR of 4.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing incidence of UTI worldwide contributes to market growth. According to a study published by SHEA journal, in 2021, approximately 60% to 70% of urinalyses were being performed in patients without symptoms referable to the Gastrointestinal Tract (GU).

Increasing geriatric population and the subsequent increase in age related diseases in developed and developing regions will positively influence urinalysis market growth. According to the World Health Organization (WHO), the geriatric population increased from 1 billion in 2020 to 1.4 billion in 2021. The early diagnosis and management of chronic diseases in geriatric population is responsible for the increasing prescription rate for tests such as bilirubin, ketones, glucose, and creatinine. These tests are performed by urinalysis; hence, it is anticipated to drive market growth.

Moreover, for patients undergoing transplant surgeries including kidney and liver, transplant procedures is often recommended to undergo preoperative urinalysis to avoid urinary tract infections (UTIs). According to United Network for Organ Sharing data, around 24,669 kidney transplants, 9,236 liver transplants, and 3,817 heart transplants were performed in the U.S. in 2021. Thus, an increasing number of transplant surgeries is expected to fuel market growth.

Companies are taking initiatives such as collaboration and strategic partnerships for the development and marketing of technologically advanced urinalysis products. For instance, in October 2021, Sysmex entered into collaboration with Inpeco for the development of an automated urinalysis workflow solution of the highest level. This product was developed with a help of UN-Series of Sysmex's and FlexLab TM track of Inpeco’s urinalysis solutions. It is the only fully open automation system that helps laboratories optimize their workflow support and provide premium patient care.

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Urinalysis Market Report Highlights

• Based on product, the consumables segment held the largest share market in 2022 due to wider usage of dipsticks due to their efficiency coupled with lost costs
• Based on application, the disease screening segment accounted for the largest segment, owing to the increasing prevalence of target diseases such as UTI, kidney disease, and liver disease, along with the rising application of urinalysis for screening of these diseases
• On the basis of end-use, the clinical laboratories segment dominated the market in 2022 owing to higher patient footfall in clinical laboratories for urine testing for disease diagnosis
• Home care segment is expected to witness significant growth over the forecast period owing to increasing investment for the development of home-based urine testing kits for disease diagnosis
• North America segment dominated the market in 2022 due to favorable reimbursement policies, rising incidence of UTI, well-established healthcare infrastructure, and supportive regulatory reforms

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

Urinalysis Market Segmentation

Grand View Research has segmented the global urinalysis market based on product, application, end-use, and region:

Urinalysis Product Outlook (Revenue, USD Million, 2018 - 2030)

• Instrument
  • Biochemical urine analyzers
    • Automated biochemical analyzers
    • Semi-automated biochemical analyzers
  • Automated urine sediment analyzers
    • Microscopic urine analyzers
    • Flow-cytometric urine analyzers
  • Point-of-care urine analyzers
• Consumables
  • Dipsticks
  • Reagents
  • Disposables
  • Pregnancy and fertility kits

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

• Disease Screening
  • UTIs
  • Diabetes
  • Kidney disease
  • Hypertension
  • Liver disease
  • Others
• Pregnancy and Fertility Testing

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

• Hospitals
• Clinical Laboratories
• Home Care
• Research and Academics
• Others

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

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Thailand
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in Urinalysis Market

• Abbott
• Sysmex Corporation
• Siemens Healthcare GmbH
• ACON Laboratories, Inc.
• ARKRAY Inc.
• Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
• Hoffmann-La Roche Ltd.
• Quidel Corporation
• Bio-Rad Laboratories, Inc.

About Grand View Research

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

Bioinformatics Market Poised to Expand at a Robust Pace of $28.5 Billion Over 2030: Grand View Research Inc.

 Bioinformatics Market Growth & Trends

The global bioinformatics market is expected to reach USD 28.5 billion by 2030, registering a CAGR of 13.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growing clinical development of biopharmaceutical and increasing need for three-dimensional drug designing technology are expected to drive the market growth over the next five years.

Furthermore, the development of bioinformatics tools and analysis platforms coupled with the introduction of novel technologies are expected to be high impact rendering factors for the growth of this market. Increasing demand for faster development of novel API and biopharmaceuticals is also expected to enhance the growth of this industry.

Growth in the number of research and development studies in various ‘-omics’ related segments and the need for integration of the large amounts of biological data generated from these studies are also expected to encourage industry players to develop faster, more efficient, and versatile bioinformatics software cum platforms for commercialization.

The bio-content management segment led the market with a revenue share of 39.6% in 2022. High usage rates of bioinformatics tools and software in database management are one of the primary reasons attributed to its large share, as it efficiently provides easy data sharing with external databases and resources and promotes data integration.

Moreover, the sequence and structural analysis platform segment is expected to grow at the fastest CAGR of over 20% over the forecast period owing to the development of next-generation sequencing and expected reduction in the cost of whole genome exome sequencing. These factors are expected to have a significantly positive impact on the overall growth of this market in the next five years.

The cheminformatics segment is expected to expand substantially during the forecast period, wherein increasing demand for biomarker discovery and development is the primary reason for this expected growth. Cost reductions in the drug development process, reduced time for introducing a new drug in the market, and an increase in the success rate of drug discovery by cheminformatics and drug designing are expected to further boost this segment's growth.

Proteomic applications are expected to attract a considerable amount of R&D investment in the near future and witness lucrative growth over the forecast period. Developments in three-dimensional drug development technologies are further expected to boost the growth of this segment.

North America dominated the market and accounted for a revenue share of 43.6% in 2022. The majority of the revenue is generated from the U.S. and Canada, driven by the extensive presence of top research organizations, academic institutions, and bioinformatics businesses in the region. Increasing investments in the research & development of new and innovative technologies related to molecular biology and genome sequencing is expected to boost the regional market.

Asia Pacific is poised to be the fastest-growing regional market with a CAGR of 18.4% during the projection period. The presence of skilled and trained bioinformaticians and the expected strong development of the region’s IT sector are anticipated to enhance the capability of providing outsourcing services to developed economies. Supportive government policies are also expected to drive the growth of this region over the forecast period.

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Bioinformatics Market Report Highlights

• The genomics application segment accounted for a significant revenue share in 2022. Growing demand for pharmacogenomics in drug development and sequence screening and the introduction of technological advancements aimed at managing large sets of genomic data are key factors accounting for this large share.
• The bio-content management segment led the market with a revenue share of 39.6% in 2022. High usage rates of bioinformatics tools and software in database management are one of the primary reasons attributed to its large share, as it efficiently provides easy data sharing with external databases and resources and promotes data integration.
• North America dominated the market and accounted for a revenue share of 43.6% in 2022. The majority of the revenue is generated from the U.S. and Canada, driven by the extensive presence of top research organizations, academic institutions, and bioinformatics businesses in the region.

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

Bioinformatics Market Segmentation

Grand View Research has segmented the global bioinformatics market report based on product, application, and region:

Bioinformatics Product Outlook (Revenue, USD Million, 2018 - 2030)

• Bioinformatics Platforms
  • Sequence Analysis Platforms
  • Sequence Manipulation Platforms
  • Sequence Alignment Platforms
  • Structural and Functional Analysis Platforms
  • Others
• Bioinformatics Services
  • Sequencing
  • Database Management
  • Data Analysis
  • Others
• Biocontent Management
  • Generalized Biocontent
  • Specialized Biocontent

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

• Genomics
• Molecular Phylogenetics
• Metabolomics
• Proteomics
• Transcriptomics
• Cheminformatics and drug designing
• Others

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

• North America
  • US.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Thailand
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players of Bioinformatics Market

• DNAnexus Inc.
• Seven Bridges Genomics
• BGI Group
• Partek Inc.
• Thermo Fisher Scientific
• Qiagen
• Agilent Technologies
• Illumina
• PerkinElmer

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.