Tuesday 3 September 2024

UK Health Check-up Market Key Players ,Industry Share ,Growth, And Forecast To 2030: Grand View Research Inc.

 UK Health Check-up Market Growth & Trends

The UK health check-up market size is anticipated to reach USD 3.0 billion by 2030, growing at a CAGR of 6.08% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the rising prevalence of chronic diseases and the need to provide preventive screening solutions. For instance, according to UK Health indicators, the top four most prevalent chronic conditions in the UK for both men and women are allergies, hypertension, lower back disorders, and depression. Allergies emerged as the most frequently reported chronic issue among both genders, with rates of 30.4% for men and 36.0% for women. Nearly half of the UK population, comprising 45.7% of men and 50.1% of women, disclosed experiencing a persistent condition. A higher proportion of women (22.3%) indicated experiencing some activity limitations due to health issues in the past six months compared to men (18.5%).

Rising government initiatives to provide healthcare solutions is further anticipated to drive market growth. For instance, in February 2024, the National Health Service (NHS) announce the launch of a digital version of the health check-up program for citizens in England. This initiative, known as the NHS Health Check, is designed for individuals aged 40 to 74, which translates to approximately 15 million people across the country. The check-up process typically involves an appointment with a general practitioner (GP), where patients are assessed for potential risks related to type 2 diabetes, strokes, kidney disease, and certain forms of dementia.

Moreover, the introduction of telemedicine in general healthcare practices has fueled the demand for home-based testing solutions. The healthcare ecosystem's digital connectivity framework has further empowered the market during the COVID-19 pandemic. The rising incidence of life-threatening diseases is a major driver for the market. This includes the growing prevalence of non-communicable diseases, such as diabetes, hypertension, cancer, and cardiovascular diseases. This combination of the increased availability of telemedicine and home-based testing, the escalating prevalence of life-threatening diseases, and the need for early detection of asymptomatic conditions are collectively expected to drive the growth and expansion of the market. These factors have enabled individuals to manage their health proactively and have contributed to the overall development of the healthcare ecosystem during the COVID-19 pandemic and beyond.

Furthermore, the rising strategic initiatives undertaken by the key players in the market, such as enhancing healthcare services and fostering collaborations between the public and private sectors, are expected to drive the overall development and expansion of the market. Additionally, the introduction of direct-to-customer testing solutions is anticipated to contribute to the growth and accessibility of check-up services during the forecast period. For instance, in June 2023, NHS announced the launch of home-based digital health checks. This new digital health check has been introduced with the aim of delivering an additional one million checks in the first four years.

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UK Health Check-up Market Report Highlights

  • Blood, urine, body fluid tests segment dominated the test type segment and is anticipated to grow at the fastest growth rate over the forecast period owing to the rising adoption and usage of blood, urine, and body fluid samples in preventive care diagnosis.
  • Individuals dominated the end-use segment; this is attributed to the growing awareness for preventive health among the population.
  • Out-of-pocket dominated the individual end-use segment owing to the rising out-of-pocket spending expenditure by customers for personal check-ups.
  • Enterprise segment held a significant share in end-use segment owing to the growing number of companies providing insurance to their employees.

Access Press Release@ https://www.grandviewresearch.com/press-release/uk-health-check-up-market-analysis

UK Health Check-up Market Segmentation

Grand View Research has segmented the UK health check-up market based on test type and end-use:

UK Health Check-up Test Type Category Outlook (Revenue, USD Million; 2018 - 2030)

  • Blood, Urine, Body Fluid Tests
  • Imaging-Based Tests (Xray, CT, US, MRI)
  • Non-imaging Tests (ECG, CPET, NCS, EMG, EEG)

UK Health Check-up End-use Outlook (Revenue, USD Million; 2018 - 2030)

  • Enterprise
    • Private (Corporate) Sector
    • Government Sector
    • Insurance
  • Individual
    • Out of Pocket- Direct Payment for Health Check
    • Individual Health Insurance Plan

List of Key Players in the UK Health Check-up Market

  • Quest Diagnostics Incorporated
  • Laboratory Corporation of America Holdings
  • SYNLAB International GmbH
  • OPKO Health, Inc.
  • Eurofins Scientific
  • UNILABS
  • Sonic Healthcare Limited
  • ARUP Laboratories
  • Q2 Solutions

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 2 September 2024

Logistics Automation Market Is Expected To Accomplish A Valuation Of Around USD 90.0 Billion By 2030: Grand View Research Inc.

 

Logistics Automation Market Growth & Trends

The global logistics automation market size is anticipated to reach USD 90.0 billion by 2030, expanding at a CAGR of 15.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Logistics operations are critical factors in the smooth functioning of the supply chain of any business, especially low-margin, high-volume businesses. The logistics sector is witnessing a continuous increase in investments with a significant emphasis on the automation of several logistics functions. Automation enhances efficiency and aids in integrating supply chains; thus, automation is increasingly being adopted across sectors. The growing tendency of the logistics industry toward adopting automation solutions is one of the significant factors driving the growth of the logistics automation industry.

According to a DHL report published in 2018, 80% of warehouses do not have any automation support and are still operated manually, while 15% of the total warehouses are just mechanized, which means the warehouses use sorters, conveyors, picker solutions, and other machined equipment which are not necessarily automated. The report states that only 5% of total warehouses are automated. The trend displays a remarkable opportunity for the growth of the market in the coming years as companies are increasingly adopting automation in their warehouses, including autonomous robots, automated sorting systems, conveyor systems, etc. Technological developments such as communication technologies, sensors, tracking devices, computer vision, artificial intelligence, and machine learning are aiding the growth of the target market.

The e-commerce boom is resulting in increasing adoption of automation solutions owing to the enormous volumes of shipments. The e-commerce shipment volume is growing exponentially by the year, and hence the warehouses require automation solutions to meet the short delivery timelines. The e-commerce fulfillment centers are implementing automated sorting and conveyor systems and highly benefit from inventory management and order management software. Moreover, the major labor challenges faced by the logistics industry across the globe are driving the demand for logistics automation solutions.

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

Logistics Automation Market Report Highlights

  • Based on components, the hardware segment dominated the market in 2023 with a share of about 66%. Autonomous robots are the largest sub-segment of hardware components in terms of revenue owing to the increasing demand for automated warehouse logistics
  • Based on function, the inventory & storage management function segment is anticipated to grow at a CAGR of 16.2% during the forecast period. The inventory & storage management ensures the stocks are maintained at optimum levels, and the demand for each product determines the stock levels
  • Based on logistics type, the sales logistics segment dominated the market in 2023, accounting for a market share of about 35%. Sales logistics is a critical aspect of the supply chain as it involves moving or delivering goods to the end consumer
  • Based on organization size, the small and medium enterprises segment is anticipated to grow at the fastest CAGR of 16.0% during the forecast period. The growth can be attributed to the automation that helps SMEs to optimize their labor costs
  • Based on software application, the order management software segment held the largest market share in 2023. The dominance of the segment is owing to the need to fulfill the orders correctly and without any delivery delays. The order management process starts when an order is placed and ends when the customer receives the order
  • Based on vertical, the retail and e-commerce segment is anticipated to grow at a CAGR of 15.6%. The growth can be attributed to the increasing preference for online shopping among consumers across the globe
  • The Asia Pacific segment is anticipated to register significant growth with a CAGR of 15.5%. The growth can be attributed to the increasing investments in logistics infrastructure projects in countries such as India and China
  • In March 2023, Jungheinrich AG announced the acquisition of Storage Solutions, a material handling solution provider based in the U.S. Storage Solutions provides warehouse and distribution centers with solutions and services, such as lifecycle services, workflow optimization, and safety inspections. Jungheinrich AG was looking forward to leveraging the acquisition to expand its presence in the U.S.

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

Logistics Automation Market Segmentation

Grand View Research has segmented the global logistics automation market based on component, function, logistics type, organization size, software application, vertical, and region:

Logistics Automation Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Hardware
    • Autonomous Robots (AGV, AMR)
    • Automated Storage and Retrieval Systems (AS/RS)
    • Automated Sorting Systems
    • De-palletizing/Palletizing Systems
    • Conveyor Systems
    • Automatic Identification and Data Collection (AIDC)
  • Software
    • Warehouse Management System
    • Transportation Management System
  • Services
    • Consulting
    • Deployment & Integration
    • Support & Maintenance

Logistics Automation Function Outlook (Revenue, USD Million, 2017 - 2030)

  • Inventory & Storage Management
  • Transportation Management

Logistics Automation Logistics Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Sales Logistics
  • Production Logistics
  • Recovery Logistics
  • Procurement Logistics

Logistics Automation Organization Size Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Enterprises
  • Small & Medium Enterprises

Logistics Automation Software Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Inventory Management
  • Order Management
  • Yard Management
  • Shipping Management
  • Labor Management
  • Vendor Management
  • Customer Support
  • Others

Logistics Automation Vertical Outlook (Revenue, USD Million, 2017 - 2030)

  • Retail & E-commerce
  • Healthcare
  • Automotive
  • Aerospace & Defense
  • Electronics & Semiconductors
  • Others

Logistics Automation Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Logistics Automation Market

  • Dematic (Kion Group AG)
  • Daifuku Co., Ltd.
  • Swisslog Holding AG (KUKA AG)
  • Honeywell International Inc.
  • Murata Machinery, Ltd.
  • Jungheinrich AG
  • KNAPP AG
  • TGW Logistics Group
  • Kardex
  • Mecalux, S.A.
  • BEUMER GROUP
  • SSI SCHÄFER AG
  • Vanderlande Industries B.V.
  • WITRON Logistik
  • Oracle
  • One Network Enterprises
  • SAP

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.

Global Demand for Intravenous Iron Drugs Market to Incur Considerable Upsurge During 2024– 2030: Grand View Research Inc.

Intravenous Iron Drugs Market Growth & Trends

The global intravenous iron drugs market size is expected to reach USD 5.62 billion by 2030, expanding at a CAGR of 9.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Industry rivalry is expected to remain at a higher level over the forecast period. The market is dominated by global players accounting for most of the revenue share. Moreover, growing opportunities attract new players, which further augments the competitive rivalry. The market is fragmented and major players are involved in adopting extensive growth strategies such as entering strategic alliances, acquisitions, and new drug launches to capture a larger share.

The high disease burden of infectious diseases, coupled with poor nutrition, is one of the major causes of anemia among children in this region. The novel coronavirus pandemic has also increased anemia in severely affected patients, causing hypoxia in some cases. This has further increased the demand for intravenous iron drugs for the treatment of anemia across the globe.

The increase in the prevalence of anemia can also be attributed to various gynecological and gastrointestinal disorders, facilitating an increasing uptake of IV treatment globally. For instance, the overall prevalence of anemia is 29.6% in nonpregnant women and 36.5% in pregnant women of the same age group. With growing healthcare budgets and increasing investment, the market is anticipated to grow significantly during the forecast period.

Drawbacks of oral iron drugs such as digestive problems such as stomach aches, constipation, loss of appetite, nausea, and vomiting are reasons for patients to prefer intravenous drugs. The use of intravenous iron drugs has been shown to bring about increased iron adoption by the body, facilitating Erythropoiesis-stimulating Agents (ESAs) to function in an enhanced manner to improve the anemic condition. Other advantages are the preservation of heart health and the ability to be used by dialysis patients, especially those undergoing hemodialysis.

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Intravenous Iron Drugs Market Report Highlights

  • Ferric carboxymaltose dominated the intravenous iron drugs industry in 2023 due to its increasing application, superior performance coupled with fewer adverse effects, and reduced cost
  • Iron sucrose held a significant share of the market in 2023. A low rate of severe allergic reactions has increased the adoption rate of these drugs
  • The chronic kidney disease segment held the largest share in 2023, due to the increasing prevalence of CKD and CKD-associated iron deficiency anemia cases
  • North America held the largest regional share in 2023 due to the high demand for intravenous drugs and the increasing prevalence of GI disorders, cancer, and CKD
  • Asia Pacific is estimated to exhibit the fastest growth over the forecast period attributed to growing unmet patient needs, increasing healthcare expenditure, and the local presence of established global players
  • Key players include AbbVie Inc.; AMAG Pharmaceuticals (Covis Pharma); Daiichi Sankyo Company, Ltd.; Sanofi; Vifor Pharma Management Ltd. (CSL); PHARMACOSMOS A/S; Zydus Group

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

Intravenous Iron Drugs Market Segmentation

Grand View Research has segmented the global intravenous iron drugs market based on product, application,and region:

Intravenous Iron Drugs Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Iron Dextran
  • Iron Sucrose
  • Ferric Carboxymaltose
  • Others

Intravenous Iron Drugs Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Chronic Kidney Disease
  • Inflammatory Bowel Disease
  • Cancer
  • Other Diseases

Intravenous Iron Drugs 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
    • South Korea
    • Australia
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

List of Key Players in Intravenous Iron Drugs Market

  • AbbVie Inc.
  • AMAG Pharmaceuticals (Covis Pharma)
  • Daiichi Sankyo Company, Ltd.
  • Sanofi
  • Vifor Pharma Management Ltd. (CSL)
  • PHARMACOSMOS A/S
  • Zydus Group
  • Rockwell Medical, 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.

Migraine Drugs Market to Incur Meteoric Growth During The Forecast Period: Grand View Research Inc.

Migraine Drugs Market Growth & Trends

The global migraine drugs market size is expected to be valued at USD 13.34 billion by 2030, as per a new report by Grand View Research, Inc., exhibiting an 11.9% CAGR during the forecast period. The market is largely driven by factors such as a rise in disease prevalence, development of novel therapies, lifestyle changes, and hormonal medications.

Migraine is a debilitating neurological disease characterized by recurrent attacks of severe throbbing head pain that can last for more than three days. Migraine pain may get worse on movement, preventing the patient from carrying out normal, day-to-day activities. In about one-third of attacks, both sides of the head, face, or neck are affected.

Over the past five years, the global migraine drugs market has been relatively stagnant, with the market mainly dominated by usage of generic triptans and other off-label drugs. Majority of the currently prescribed drugs for both acute and preventative treatment are associated with poor efficacy and an unfavorable side-effect profile.

Launch of Amgen/ Novartis’ CGRP mAb Aimovig and Teva Pharma’s Ajovy is the first step toward revolutionizing the treatment paradigm of migraine prevention. For drug manufacturers likely to enter the market by 2019, such as Eli Lilly, Alder BioPharma, and Biohaven Pharma, pricing will be a key differentiating factor as all CGRP-based therapies have a similar efficacy and safety profile.

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Migraine Drugs Market Report Highlights

  • Germany leads the European market, driven by rising disease prevalence, novel drug launches, and an increase in R&D activities
  • The acute migraine treatment market will be supported by the rapid uptake of novel drug classes such as CGRP receptor antagonists and ditans currently under active investigation in multiple Phase II/III trials
  • Biohaven’s rimegepant is expected to face competition from Allergan's ubrogepant, which has shown superior efficacy in Phase III trials compared to rimegepant
  • Eli Lilly’s Phase III 5-HT1F receptor agonist Lasmiditan is expected to be a novel first-line non triptan acute treatment option for patients in whom triptans are contradicted
  • Approximately 20% of patients seeking preventive treatment for migraine do not respond to available generic medications. Several biologics and small molecules drugs are undergoing active development to target high unmet needs in the preventive treatment segment
  • Drugs with novel targets in early-phase development include AOBiome Therapeutics’ AOB-203 (antibacterial), Winston Pharma’s Dolorac (histamine H1 receptor antagonists), NeuroAxons’ NXN-188 (a combination of NOS inhibitor and a triptan), and Biohaven’s BHV-3500 (gepant). These novel agents are under evaluation for both episodic and chronic migraine in multiple Phase I/II trials.

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

Migraine Drugs Market Segmentation

Grand View Research has segmented the global migraine drugs market based on treatment, therapeutic class, route of administration, age group, availability, and region:

Migraine Drugs Treatment Outlook (Revenue, USD Million, 2018 - 2030)

  • Acute
  • Preventive

Migraine Drugs Therapeutic Class Outlook (Revenue, USD Million, 2018 - 2030)

  • CGRP monoclonal antibodies
  • CGRP small molecule antagonists
  • Acetylcholine inhibitors/ neurotoxins
  • Triptans
  • Ditans
  • Ergot alkaloids
  • NSAIDs
  • Others

Migraine Drugs Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

  • Oral
  • Injectable
  • Others

Migraine Drugs Age Group Outlook (Revenue, USD Million, 2018 - 2030)

  • Pediatric
  • Adult
  • Geriatric

Migraine Drugs Availability Outlook (Revenue, USD Million, 2018 - 2030)

  • Prescription Drugs
  • Over-the-Counter (OTC) Drugs

Migraine Drugs Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Migraine Drugs Market

  • AbbVie Inc.
  • Amgen Inc.
  • Teva Pharmaceutical Industries Ltd.
  • GSK plc
  • Eli Lilly and Company
  • Pfizer Inc.
  • Bausch Health Companies Inc.
  • Gensco Pharma
  • Impel Pharmaceuticals Inc.
  • Tonix Medicines, Inc.
  • Currax Pharmaceuticals LLC.
  • Lundbeck

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.

Gene Therapy Market to Register Steadfast CAGR of 18.88% in Terms of Value from 2024 to 2030: Grand View Research Inc.

 

Gene Therapy Market Growth & Trends

The global gene therapy market is expected to reach USD 18.20 billion by 2030, registering a CAGR of 18.88% from 2024 to 2030, according to a new report by Grand View Research, Inc. The development of the market is owing to an increase in the number of gene therapy-based discoveries, increasing investment in this sector, and rising approval of gene therapy products. According to the WHO, 10 to 20 new cell and gene therapies are expected to be approved each year by 2025.

Continuous developments in recombinant DNA technology are anticipated to enhance the efficiency of gene therapy in the coming years. Hence, ongoing progresses in recombinant DNA technology are anticipated to expand the number of ongoing clinical trials for gene therapy. Primarily, these advancements are taking place in the context of various gene-editing tools and expression systems to augment the R&D for products. The advent of CRISPR/Cas9 nuclease, ZFN, and TALEN allows easy & precise genome editing. As a result, in recent times, the gene-editing space has witnessed a substantial number of research activities, which, in turn, is expected to influence the growth of the gene therapy market.

The growth of the gene therapy market is expected to be majorly benefitted from the increasing prevalence of cancer. The ongoing increase in cancer patients and related death per year emphasizes the essential for the development of robust treatment solutions. In 2020, there were around 18.1 million new cases of cancer worldwide. 9.3 million of these cases involved men, while 8.8 million involved women. Continuing developments in tumor genetic studies have delivered substantial information about cancer-related molecular signatures, which in turn, is expected to support ongoing clinical trials for cancer therapeutics.

With rising demand for robust disease treatment therapies, companies have focused their efforts to accelerate R&D for effective genetic therapies that target the cause of disease at a genomic level. . Furthermore, the U.S. FDA provides constant support for innovations in this sector via a number of policies with regard to product manufacturing. In January 2020, the agency released six final guidelines on the manufacturing and clinical development of safe and efficient products.

Furthermore, facility expansion for cell and gene therapies is one of the major factors driving the gene therapy market growth. Several in-house facilities and CDMOs for gene therapy manufacturing have begun investing to enhance their production capacity, which, in turn, is anticipated to create lucrative opportunities for market players. For instance, in April 2022, the FDA approved commercial licensure approval to Novartis for its Durham, N.C. site. This approval permits the 170,000 square-foot facility to make, test, and issue commercial Zolgensma, as well as manufacture therapy products for current & upcoming clinical trials.

Request a free sample copy or view the report summary: Gene Therapy Market Report

Gene Therapy Market Report Highlights

  • The AAV segment shows a significant revenue contribution of 22% in 2023. Several biopharma companies are offering their viral vector platform for the development of AAV-based gene therapy product.
  • By indication, the spinal muscular atrophy (SMA) segment dominated the market in 2023 with a share of 46.8%. Although SMA is a rare disorder, it is one of the most common fatal inherited diseases of infancy.
  • The Beta-Thalassemia Major/SCD segment is anticipated to register the fastest CAGR of 38.3% over the forecast period. Gene therapy for SCD and β-thalassemia is based on transplantation of gene-modified hematopoietic stem cells.
  • North America dominated the market in 2023 with the largest revenue share of 65.2% in 2023. This region is expected to become the largest routine manufacturer of gene therapy in terms of the number of approvals and revenue generated during the forecast period.
  • Europe is estimated to be the fastest-growing regional segment from 2024 to 2030. This is attributed to its large population with unmet medical needs and increasing demand for novel technologies in the treatment of rare but increasingly prevalent diseases.

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

Gene Therapy Market Segmentation

Grand View Research has segmented the global gene therapy market report based on indication, vector type, route of administration, and region:

Gene Therapy Indication Outlook (Revenue, USD Million, 2018 - 2030)

  • Large B-Cell Lymphoma
  • Multiple Myeloma
  • Spinal Muscular Atrophy (SMA)
  • Acute Lymphoblastic Leukemia (ALL)
  • Melanoma (lesions)
  • Inherited Retinal Disease
  • Beta-Thalassemia Major/SCD
  • Others

Gene Therapy Vector Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Lentivirus
  • RetroVirus & gamma RetroVirus
  • AAV
  • Modified Herpes Simplex Virus
  • Adenovirus
  • Others

Gene Therapy Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)

  • Intravenous
  • Others

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

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • Switzerland
  • Asia Pacific
    • Japan
    • China
    • South Korea
    • Australia
  • Rest of the world 

List of Key Players in the Gene Therapy Market

  • Amgen Inc.
  • Novartis AG
  • Hoffmann-La Roche
  • Gilead Sciences, Inc.
  • bluebird bio, Inc.
  • Bristol-Myers Squibb Company
  • Legend Biotech.
  • uniQure N.V.
  • Merck & Co.
  • Sarepta Therapeutics, Inc.
  • Krystal Biotech, Inc.
  • CRISPR Therapeutics

About Grand View Research

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

Global Blister Packaging Market Pegged For Strong Growth During 2024-2030: Grand View Research Inc.

 Blister Packaging Market Growth & Trends

The global blister packaging market size is expected to reach USD 46.72 billion by 2030, expanding at 7.4% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. This market growth is attributed to the increasing demand from healthcare end-use industries for tamper-evident packaging designs provided by blister packaging solutions and their high visibility properties.

This packaging solution is often used for tamper-evident packaging as it provides a sealed and visible container for products, allowing consumers to see if the product has been opened or tampered with. This type of packaging also makes it difficult to replace the product with counterfeit or other harmful substances without breaking the seal, providing an additional layer of protection for consumers.

Moreover, the demand for blister packaging is being driven by advancements in packaging design, including child-resistant packaging configurations, the emphasis on the use of recyclable materials, and the introduction of smart blister packaging solutions to provide information about the product and monitor its usage.

The industry players are adopting several strategies including partnerships, expansions, mergers & acquisitions, joint ventures, and partnership agreements to increase the customer base and individual market share. For instance, in January 2023, TekniPlex announced an expansion in its product portfolio by launching a highly visible and mid-barrier polypropylene (PE) blister packaging solution to cater to the healthcare end-use industry.

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

Blister Packaging Market Report Highlights

  • A shift in consumer preference from traditional bottles for healthcare products to tamper-evident designed unit-dose blister packaging solutions and their cost-effective properties is driving the blister packaging industry
  • The blister packaging made up of lightweight plastic films and paper is designed for smaller and lighter products. It cannot pack large and heavy products due to its limited strength and durability, which restrains market growth to a limited extent
  • The plastic films segment is expected to grow at a fast CAGR during the forecast period of 2024 - 2030. This is attributed to plastic films such as polyethylene terephthalate (PET) and polyvinyl chloride (PVC) offering unique characteristics to the blister packaging solution such as high visibility, lighter weight, and low-cost properties
  • The healthcare end-use segment recorded the highest market share in the base year 2023 due to the wide application of blister packaging in the packaging of generic drugs to protect them from external factors such as moisture and oxygen
  • North America accounted for one of the largest market shares owing to the presence of several healthcare end-user industries such as Merck & Co., Inc.; Abbott; others, and an advanced healthcare system
  • Several key companies are developing new products to strengthen their market positions in the blister packaging industry. For instance, in April 2023, SÃœDPACK introducedmono-polypropylene blister packaging which is recyclable for the life science, medical goods, and pharmaceutical industries
  • In January 2023, Amcor plc won the 2023 worldstar global packaging awards in four categories. Amcor received an award for its new HealthCare AmSky Blister System, an aluminum-free and PVC-free blister packaging of daily for dietary supplements and medications

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

Blister Packaging Market Segmentation

Grand View Research has segmented the global blister packaging market based on material, technology, type, end-use, and region:

Blister Packaging Material Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Paper & Paperboard
    • Solid Bleached Sulfate (SBS)
    • White-lined chipboard
    • Others
  • Plastic Films
    • Polyvinyl Chloride (PVC)
    • Polyethylene Terephthalate (PET)
    • Polyethylene (PE)
    • Others
  • Aluminum

Blister Packaging Technology Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Thermoforming
  • Cold Forming

Blister Packaging Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Carded
  • Clamshell

Blister Packaging End-use Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

  • Healthcare
  • Consumer Goods
  • Industrial Goods
  • Food

Blister Packaging Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Blister Packaging Market

  • Amcor plc
  • Dow
  • WestRock Company
  • Constantia Flexibles
  • Honeywell International Inc.
  • Sonoco Products Company
  • Klockner Pentaplast
  • TekniPlex
  • UFlex Limited
  • DuPont
  • Display Pack
  • WINPAK LTD.
  • SteriPackGroup
  • ACG
  • SÃœDPACK
  • Blisterpack Inc.
  • Abhinav Enterprises
  • YuanPeng Plastic Technologys Co., Ltd
  • Chadpak Co., Inc.
  • Formpaks International Co. Ltd
  • Uhlmann Group
  • Wisser Verpackungen GmbH

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.

Live Streaming Market is Expected to Enhance $345.13 Billion Revenue By 2030: Grand View Research Inc.

 Live Streaming Market Growth & Trends

The global live streaming market size is anticipated to reach USD 345.13 million by 2030, growing at a CAGR of 23.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising popularity of Esports and video games has fueled a significant surge in live game streaming. Esports and competitive video gaming events have gained mainstream recognition and are attracting large audiences globally. Major tournaments draw millions of viewers, creating a demand for live coverage of these events. The gaming community continues to expand, including a diverse range of players across different demographics. This broad appeal has contributed to the popularity of live streaming platforms where gamers can connect, share gameplay experiences, and interact with fellow enthusiasts. Live streaming offers a highly interactive experience where viewers can engage with streamers in real-time through chat, donations, and subscriptions. This level of interaction fosters a sense of community and camaraderie among gamers, enhancing the overall viewing experience.

The growing adoption of live streaming across diverse verticals, including media, education, sports, gaming, fitness, and government sectors, is propelling the market forward with remarkable momentum. Brands are harnessing live streaming's power to forge deeper connections with consumers through real-time engagement, offering a wide array of captivating content and experiences. This trend amplifies brand visibility, fosters genuine customer interactions, and unlocks new monetization avenues. Moreover, the educational and informational potential of live streaming is being harnessed by institutions and government entities, facilitating remote learning, disseminating crucial information, and fostering civic engagement. Many live-streaming platforms integrate seamlessly with social media networks, enabling brands to extend their reach and engagement by simultaneously broadcasting live streams across multiple platforms.

Live streaming empowers brands and content creators to engage with their audiences in real time, promoting a vibrant sense of community and interactivity. Through features such as live chat and interactive polls, viewers actively participate, enhancing the overall experience. This direct engagement strengthens relationships between creators and their audience, driving greater loyalty and affinity. By embracing this interactive platform, brands can showcase authenticity and transparency, resonating more deeply with their audience. Furthermore, live streaming enables immediate feedback and adaptation, allowing creators to respond to viewer preferences and interests in real-time. Ultimately, this dynamic interaction cultivates a more immersive and personalized viewing experience, enriching the connection between creators and their audience.

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Live Streaming Market Report Highlights

  • The platform segment is experiencing significant growth in 2023. Live streaming platforms are growing due to increasing demand for real-time content, advancements in technology, diverse content offerings, monetization opportunities, social interaction, influencer culture, global reach, and extensive event coverage.
  • The video streaming segment is experiencing significant growth in 2023. Video streaming is experiencing growth in the live streaming industry due to escalating demand for real-time interaction, technological advancements, diverse content offerings, and the ability to monetize content for creators and viewers alike.
  • The ad-supported segment has gained dominance in the market, with a significant market share in 2023. Ad-supported live streaming is growing due to its ability to offer free content to viewers while generating revenue through advertisements. It leverages the large and engaged audience base on live streaming platforms to attract advertisers seeking to reach targeted demographics in a dynamic and interactive environment.
  • The gaming segment secured dominance in the market, capturing a substantial market share by 2023. Gaming is growing in the market due to the increasing popularity of esports, the rise of gaming influencers, advancements in gaming technology, and the interactive nature of live streaming platform.
  • In an era where immediacy and interactivity are highly valued, live streaming satisfies the desire for real-time engagement, enabling viewers to interact with content creators at the moment through live chat, comments, and reactions.
  • Live streaming offers multiple avenues for monetization, including advertising, sponsorships, subscriptions, virtual gifts, and donations, providing content creators with incentives to produce high-quality content while enabling platforms to generate revenue from their growing user base.

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

Live Streaming Market Segmentation

Grand View Research has segmented the global live streaming market based on component, streaming type, revenue model, end-use, and region:

Live Streaming Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Platforms
  • Services

Live Streaming Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Audio Streaming
  • Video Streaming

Live Streaming Revenue Model Outlook (Revenue, USD Million, 2017 - 2030)

  • Ad-Supported
  • Subscription-Based
  • Pay-Per-View

Live Streaming End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Gaming
  • Media & Entertainment
  • Education & Professional
  • Sports
  • News & Events
  • Others

Live Streaming Regional Outlook (Revenue, USD Million; 2017 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Latin America
    • Brazil
  • Middle East and Africa
    • KSA
    • UAE
    • South Africa

List of Key Companies in the Live Streaming Market

  • Dacast, Inc.
  • Empire Video Productions LLC
  • Flux Broadcast Ltd.
  • Huya Inc.
  • International Business Machines Corporation
  • Meta
  • Pluto Inc.
  • TikTok Inc.
  • Twitch Interactive, Inc.
  • Vimeo, 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.

Friday 30 August 2024

Energy Retrofit Systems Market Top Players ,Analysis And Forecast Till 2030: Grand View Research Inc.

 Energy Retrofit Systems Market Growth & Trends

The global energy retrofit systems market size is estimated at USD 323.94 Billion in 2030 and is expected to expand at a CAGR of 7.4% from 2024 to 2030. Increasing demand for renewable energy is expected to drive the market over the forecast period. The growing concerns about Greenhouse Gas (GHG) emissions and strict regulations to decrease carbon footprint are also projected to be the key factors driving the global market.

The economic crisis following the COVID-19 pandemic has led to a significant decline in investments for new energy-efficient buildings and equipment. In commercial and residential buildings, the energy-efficient systems, such as LED retrofit lighting, HVAC retrofit, insulation & glazing retrofit of windows, and retrofit of roofing, are primarily used to have a distributed generation of electricity to reduce the operational costs.

The COVID-19-imposed lockdown, which compelled most industries around the world to halt their production, resulted in reduced investments in overall energy efficiency systems by 9% in 2020. During the pandemic, people across major economies reduced visits to workplaces by over 60% as of April 2020, which led to a decrease in the consumption of electricity in commercial buildings. For instance, as per IEA, in the U.S., the average residential electricity consumption increased by 30% in April 2020, followed by a decline in the use of electricity in commercial buildings.

The growing installation of energy systems, along with the widespread accessibility of smart devices, has formed room for new business models to arise in the electricity sector due to a rise in demand for energy across the world. The energy-related needs of consumers in the residential, commercial, and industrial sectors are increasing day by day. In the case of residential consumers, the availability of smart home devices has enabled continuous monitoring of power consumption. These factors are anticipated to drive the market during the forecast period.

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Energy Retrofit Systems Market Report Highlights

  • The envelope product segment accounted for the maximum revenue share of more than 51.54% of the global market in 2022 and will expand further at a steady CAGR over the forecast period
  • The non-residential application segment dominated the global market in 2022 accounting for the maximum revenue share
  • Europe was the dominant regional market in 2022, in terms of revenue share due to the increased population and high demand for efficient & clean energy
  • Moreover, the European region has been very active in using R&D for clean and efficient energy generation
  • The availability of funding in the European Union for energy conservation and energy efficiency projects has also been one of the major factors driving the regional market growth
  • Various strategic initiatives by key companies were recorded over the past few years. For instance, in May 2021, Johnson Controls announced that it selected an environmentally sustainable R-454B as the future refrigerant for HVAC equipment and air-cooled scroll chillers

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

Energy Retrofit Systems Market Segmentation

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

Energy Retrofit Systems Product Outlook (Revenue, USD Billion, 2018 - 2030)

  • Envelope
  • LED Retrofit Lighting
  • HVAC Retrofit
  • Appliances

Energy Retrofit Systems Application Outlook (Revenue, USD Billion, 2018 - 2030)

  • Residential
    • Single-family
    • Apartments / Condominiums
  • Commercial
    • Food sales & service
    • Mercantile
    • Office Buildings
    • Warehouse
    • Others
  • Institutional
    • Education
    • Healthcare
    • Worship Buildings

Energy Retrofit Systems Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America
    • US.
      • California
      • Ohio
      • Texas
      • Vermont
      • Massachusetts
      • Michigan
      • Illinois
      • New York
      • Washington
      • Pennsylvania
      • Oregon
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • UK
    • Spain
    • Italy
    • France
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • Central & South America
    • Brazil
    • Colombia
    • Paraguay
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt

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.

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.

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

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.

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

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.

AI-based Surgical Robots Market is Expected to Amplify USD 25.2 Billion Value by 2030: Grand View Research Inc.

AI-based Surgical Robots Market Growth & Trends The global  AI-based surgical robots market  size is expected to reach USD 25.2 billion ...