AI In Mental Health Market to Reflect a Holistic Expansion During 2024 to 2030: Grand View Research Inc.

 Artificial Intelligence In Mental Health Market & Trends

The global AI in mental health market size is expected to reach USD 5.08 billion by 2030, growing at a CAGR of 24.10% from 2024 to 2030, according to a new report by Grand View Research, Inc. Mental health has become a major concern nowadays; increasing prevalence of mental health disorders including anxiety, depression, schizophrenia lead to the rapid adoption of mental health apps, where technologies such as AI can leverage several advantages, including personalized therapies and predicting disorders. According to WHO January 2022 insights, Schizophrenia affects nearly 24 million people or 1 in 300 people (0.32%) worldwide. This rate is 1 in 222 people (0.45%) among adults.

According to February 2023 insights from WHO, in 2021, over 150 million individuals were grappling with mental health issues in Europe. The COVID-19 pandemic has intensified these problems over recent years, with reduced access to healthcare services. The surge in stress, economic downturns, conflicts, and violence has highlighted the fragility of mental well-being. Simultaneously, the field of artificial intelligence (AI) is revolutionizing medicine and healthcare. AI is emerging as a crucial tool in planning mental health services identifying and monitoring mental health conditions among individuals and communities. Utilizing digitized healthcare data, including electronic health records, medical imaging, and handwritten clinical notes, AI-powered tools enhance task automation, support healthcare professionals, and enrich our understanding of complex mental health disorders.

Technological advancements in AI algorithms such as speech and text analytics, therapeutic chatbot to detect signs of mental health conditions such as depression, anxiety, and PTSD. Applications like Woebot and Wysa use conversational AI to interact with users and provide real-time mental health support. Virtual therapists powered by AI provide cognitive behavioral therapy (CBT) and other therapeutic modalities through chat interfaces or voice conversations. These tools are available 24/7, offering immediate support. Such factors are expected to fuel the demand for AI technologies in mental health.

The emergence of numerous startups in the AI in mental health market has been notable. The proliferation of numerous startups is a significant driver of market growth. Their entry into the market stimulates investment, encourages technological advancements, and expands the scope of AI applications in healthcare. The collective efforts of these startups fuel momentum in the AI healthcare market, propelling it towards greater innovation, efficiency, and effectiveness in delivering healthcare solutions. Some of the startup companies are Activa Health, Kahuna, and Likeminded among others.

Request a free sample copy or view report summary: AI In Mental Health Market Report

AI In Mental Health Market Report Highlights

• Based on offering, the software segment dominated the global market in 2023 with the largest revenue share of 75.7% and is expected to grow at the largest CAGR from 2024 TO 2030. This large share is attributed to the increasing adoption of mental health apps to support AI technologies.
• Based on technology, the Natural Language Process (NLP) segment dominated the market in 2023. The advancement in the NLP algorithm for several mental disorder applications would likely drive its demand in the market. Machine Learning (ML) is expected to grow at the fastest CAGR of 39.1% from 2024 to 2030.
• Based on the disorder, the anxiety disorder segment held the largest market share in 2023. This can be attributed to the growing prevalence of anxiety disorders among the population and the increasing number of startups launching AI-powered solutions for mental disorders. On the other hand, the schizophrenia segment is expected to grow at a significant CAGR from 2024 to 2030.
• North America dominated the market and accounted for the largest revenue share of over 55.0% in 2023, owing to the rising prevalence of mental disorders, readiness to adopt advanced technologies, presence of several key players, and growing geriatric population. Europe is anticipated to witness significant growth from 2024 to 2030.

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

AI In Mental Health Market Segmentation

Grand View Research, has segmented the global AI in mental health market report based on offering, technology, disorder, and region:

AI In Mental Health Offering Outlook (Revenue, USD Million, 2018 - 2030)

• Software
• Services

AI In Mental Health Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Machine Learning
  • Deep learning
  • Others
• Natural Language Processing
  • Text analytics
  • Speech analytics
  • Smart Assistance
  • Others
• Others

AI In Mental Health Disorder Outlook (Revenue, USD Million, 2018 - 2030)

• Anxiety
• Depression
• Schizophrenia
• Post-Traumatic Stress Disorder (PTSD)
• Insomnia
• Others

AI In Mental Health Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of the key Players in the AI In Mental Health Market

• Companies With Dedicated Portfolio
  • Wysa Ltd,
  • Woebot Health
  • Spring Care, Inc.
  • Lyra Health, Inc.
  • Meru
  • New Life Solution, Inc. (meQ)
  • Quartet
  • Syra Health
  • Limbic
  • Kintsugi Mindful Wellness, Inc
  • Aiberry
  • Ellipsis Health
  • SilverCloud (American Well Corporation)
  • HEADSPACE HEALTH
• Companies With Diversified Portfolio
  • Fortis Healthcare
  • Google
  • Microsoft
  • NextGen Healthcare

About Grand View Research

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

Virtual Power Plant Market Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 Virtual Power Plant Market Growth & Trends

The global virtual power plant market size is anticipated to reach USD 16.65 billion by 2030 and is anticipated to expand at a CAGR of 22.2% from 2024 to 2030, according to a new report by Grand View Research. Virtual power plants (VPPs) can play a significant role in reducing carbon emissions in the energy sector. Virtual power plants can be programmed to prioritize the use of clean energy sources and minimize the use of carbon-intensive generation sources when possible, thus lowering overall emissions associated with electricity production. Through advanced control algorithms and real-time monitoring, virtual power plants can optimize energy production and consumption, reducing energy waste and associated emissions.

Virtual power plants offer several benefits to customers, both residential and commercial, by providing them with greater control over their energy consumption and cost savings. Customers can reduce their energy bills by participating in virtual power plant programs. Virtual power plant enables customers to take advantage of time-of-use pricing and demand response opportunities, allowing them to shift energy consumption to lower-cost periods and avoid peak-demand charges. Virtual power plants often come with advanced energy management tools and applications that allow customers to monitor and control their energy usage in real-time.

Stringent government regulations can play a significant role in driving the use of virtual power plants. Regulations aimed at reducing greenhouse gas emissions often incentivize adopting clean energy technologies. Virtual power plants, by enabling the integration of renewables and demand response, contribute to reducing carbon emissions in the energy sector, aligning with government emission reduction goals. Governments often invest in grid modernization efforts to improve the overall efficiency and intelligence of the power grid.

Request a free sample copy or view report summary: Virtual Power Plant Market Report

Virtual Power Plant Market Report Highlights

• In terms of technology, the demand response segment dominated the market in 2023. The demand response segment aligns with the broader sustainability goals, making it a critical driver of the VPP market's growth as the world increasingly transitions towards greener and more responsive energy systems
• In terms of end use, the industrial segment dominated the market in 2023. The growth of the segment can be attributed to its substantial energy demands, complex energy management needs, and the potential for significant cost savings and carbon footprint reduction through VPP adoption
• North America dominated the regional market in 2023. The growing awareness of the benefits of renewable power is leading to a rise in demand for renewables such as wind, solar, and hydropower in North America. Furthermore, supportive government initiatives in the region are promoting the development of renewable energysources, which is expected to drive the demand for virtual power plants, thus driving the growth of the regional market
• In June 2023, SolarEdge Technologies, Inc., a smart energy technology leader, unveiled its 1^stbattery virtual power plant that provides grid support through the U.K.'s National Grid ESO Demand Flexibility Service (DFS). This service can be leveraged for SolarEdge home battery owners with eligible smart meters across the U.K. and provides them financial incentives to utilize their stored battery energy during DFS demand events

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

Virtual Power Plant Market Segmentation

Grand View Research has segmented the global virtual power plant market on the basis of technology, end use, and region:

Virtual Power Plant Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Distributed Energy Resource
• Demand Response
• Mixed Asset

Virtual Power Plant End Use Outlook (Revenue, USD Million, 2017 - 2030)

• Industrial
• Commercial
• Residential

Virtual Power Plant Region Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Virtual Power Plant Market

• Siemens
• TOSHIBA CORPORATION
• Next Kraftwerke GmbH
• Hitachi, Ltd.
• ABB
• Tesla
• AutoGrid Systems, Inc.
• Limejump Limited
• Sunverge Energy, Inc.
• Centrica plc

About Grand View Research

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

U.S. Rooftop Tent Market Poised to Expand at a Robust Pace of $286.71 Million Over 2030: Grand View Research Inc.

 U.S. Rooftop Tent Market Growth & Trends

The U.S. rooftop tent market size is estimated to reach USD 286.71 million by 2030, expanding at a CAGR of 8.0% over the forecast period, according to a new study by Grand View Research, Inc. The internet is essential in increasing the demand for camping equipment in the U.S. The e-commerce sector is growing, which makes it easier for customers to choose and purchase rooftop tents from online sites or applications like Amazon, E-bay, etc. This saves customers' time and enables them to take advantage of numerous discounts to reduce costs. The majority of online shopping outlets rely on social media networks to spread the word about campgrounds. To inform users of new camping areas, numerous smartphone applications, including POCKET, CampFone, Woodall's, iCamp, and MapMyHike, were released. In addition, social media enables customers to learn enough facts about a product's capabilities before making a purchase.

The rising popularity of adventure tourism and the simplicity of setup are driving the market for rooftop tents in the U.S. The demand for the product has benefited from the recent rapid growth of adventure tourism, particularly in the U.S. The market for U.S. rooftop tent is driven by rising interest in outdoor activities and is anticipated to grow over the course of the forecast period. The need for comfortable and luxurious rooftop tents is growing because camping is typically done outside of cities where access to essential utilities like internet, electricity, and other amenities is limited. Rooftop tents are convenient, secure, cozy, and dry.

Governments worldwide promote tourism involving extreme sports, like camping, which assists in the growth of the global market for camping tents. Adventure tourism has recently increased, especially in Europe, North America, and Asia-Pacific, which is helping boost demand for camping tents. A survey conducted by the Adventure Travel Trade Association (ATTA) revealed that in 2020, more people chose adventure travel programs, which fueled the growth of the camping tent business. People across the U.S. realize the advantages of engaging in outdoor and leisure activities; hence, they spend more time camping each year. Such individuals' propensity for outdoor recreation fuels the development of rooftop tents.

North America is one of the most important markets for the U.S. Rooftop Tent. As the majority of the top vendors in the sector are based here, the U.S. enjoys an advantage in terms of innovation. A suitable atmosphere for market sellers to increase their presence in the area is being created by the regional government’s promotion of extreme sports, camping, and many other activities. Owing to the possibility of expansion, companies use merger and acquisition strategies to expand their presence there. For instance, In February 2021, The Wheel Group acquired Tuff Stuff Overland, a platform for direct-to-consumer online sales of outdoor gear products. The business sells outdoor overland equipment, such as rooftop tents, truck bed racks, awnings, and related accessories.

Request a free sample copy or view report summary: U.S. Rooftop Tent Market Report

U.S. Rooftop Tent Market Report Highlights

• Automotive rooftop tents have grown in popularity as a low-cost alternative to recreational vehicles and a slightly more elegant way to camp. The most appealing aspects of rooftop tents are their ease of erecting and the way they support the inhabitants off the ground.
• The commercial rooftop tent market is influenced by several factors, including the growth of the outdoor recreation industry and the increasing popularity of adventure tourism.
• The rise in e-commercemakes it easier for customers to purchase these products online, fostering market growth.
• The 2-person and 3-person tents are usually hard-shell tents. With the growing demand for hard-shell tents, the demand for smaller tents is also expected to expand significantly.
• Customizing product offerings to cater to specific regional preferences, climates, and outdoor landscapes helps capitalize on local market opportunities and drive market penetration.

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

U.S. Rooftop Tent Market Segmentation

Grand View Research has segmented the U.S. rooftop tent market based on tent type, capacity, and application:

U.S. Rooftop Tent Type Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

• Hard-shell
• Soft-shell

U.S. Rooftop Tent Capacity Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

• 2 Person
• 3 Person
• 4 Person
• 5 Person

U.S. Rooftop Tent Application Outlook (Volume, Units; Revenue, USD Million, 2017 - 2030)

• Personal
• Commercial

List of Key Players in the U.S. Rooftop Tent Market

• 23Zero
• Alu-Cab
• Body Armor 4x4
• Cascadia Vehicle Tents
• Freespirit Recreation
• Front Runner Outfitters
• iKamper USA, Inc.
• Smittybilt Inc.
• Roofnest Ltd
• Tuff Stuff Overland.
• Thule Group.
• Overland Vehicle Systems.
• James Baroud

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 Game Engine Market Projected to Discern Stable Expansion by 2030

 Mobile Game Engine Market Growth & Trends

The global mobile game engine market size is expected to reach USD 3.71 billion by 2030 and expanding at 18.1% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing popularity of smartphones and tablets has led to a surge in demand for mobile games, fueling the growth of the mobile game engine market. A mobile game engine is a software framework that game developers use to create, develop, and deploy mobile games. These engines provide developers with tools and resources to create games optimized for mobile devices. They also help to streamline the game development process, making it easier and more efficient for developers to create high-quality games.

The mobile game engine market has experienced significant technological advancements that have made it easier and more efficient for game developers to create high-quality mobile games while improving players' overall gaming experience. Companies, including Unity Technologies and Epic Games, are continuously investing in the development of game engines to handle complex graphics and physics simulations while also providing developers with a wide range of tools and resources to create games that are optimized for mobile devices. Game engine companies are advancing their offerings to enable game developers to create games that run on multiple platforms. This has helped to make game development more accessible and efficient, as developers can create and develop games for multiple platforms using a single codebase.

The number of smartphone and tablet users has grown, coupled with the demand for mobile games that can run on these devices. This has led to increased competition among mobile operating systems, with each platform vying for a larger share of the mobile game market. One of the most dominant mobile operating systems in the mobile game engine market is iOS, which powers Apple's iPhone and iPad devices. The company has also invested heavily in the development of its own game engine, called Metal, which provides developers with a powerful set of tools for creating high-quality games that are optimized for iOS.

Request a free sample copy or view report summary: Mobile Game Engine Market Report

Mobile Game Engine Market Report Highlights

• Game developers are constantly seeking new ways to improve their games' quality and create more engaging and immersive experiences for players. This has led to the development of tools and platforms that provide features such as 3D graphics, physics, simulations, artificial intelligence, and networking capabilities.
• The growth is due to an increased usage of virtual and augmented reality technologies in gaming. These technologies require sophisticated 3D engines that can render complex environments and interactions in real-time, which has led to the development of specialized 3D engines for V.R. and A.R.
• The growth of the action and adventure genre is increasing due to the popularity of open-world games. These games allow players to explore vast virtual environments and interact with various characters and objects.
• Android operating system growth can be attributed to the high demand for mobile games and the increasing popularity of Android devices. With the rise of powerful mobile devices and the ease of development using the Android platform, more and more game developers are choosing to create games for this platform.
• The Asia Pacific market has witnessed the rise in smartphone penetration and business expansion strategies from companies such as Nintendo, Tencent Holdings, and Sony Interactive Entertainment, among others, which have contributed to the growth of the regional market.
• In March 2023, Cocos2d-x released its Creater XR an X.R. content development software offering the content creators to develop and participate in metaverse creation at low cost.

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

Mobile Game Engine Market Segmentation

Grand View Research has segmented the global mobile game engine market based on component, type, genre, operating system, and region:

Mobile Game Engine Component Outlook (Revenue, USD Million, 2018 - 2030)

• Solution
• Services

Mobile Game Engine Type Outlook (Revenue, USD Million, 2018 - 2030)

• 2D Game Engine
• 3D Game Engine
• Others

Mobile Game Engine Genre Outlook (Revenue, USD Million, 2018 - 2030)

• Action & Adventure
• Multiplayer Online Battle Arena (MOBA)
• Real-time Strategy (RTS)
• Role-playing Games (RPG)
• Sandbox
• Shooter
• Simulation and Sports
• Others

Mobile Game Engine Operating System Outlook (Revenue, USD Million, 2018 - 2030)

• iOS
• Android
• Cross Platform

Mobile Game Engine 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 Mobile Game Engine Market

• Amazon Web Services, Inc.
• The Game Creators Ltd.
• AppOnboard, Inc
• CHUKONG CO, INC.
• Cocos
• SCIRRA LTD
• Crytek GmbH.
• Defold Foundation
• Clickteam
• YoYo Games Ltd.
• GameSalad
• The Torque Community Contributors
• Unity Technologies
• Epic Games, Inc.
• Valve Corporation

About Grand View Research

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

Progressive Web Apps Market Booming Trends and Forecast Assessment for the Period 2024 to 2030

 Progressive Web Apps Market Growth & Trends

The global progressive web apps market size is anticipated to reach USD 9.43 billion by 2030, growing at a CAGR of 31.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributed to factors such as the growing need for improved user experience and responsive applications among users. Moreover, the growing internet and smartphone penetration is expected to drive the usage of mobile applications, having a positive impact on the adoption of progressive web apps (PWA). Progressive web apps offer a seamless and responsive user experience similar to native apps, with fast load times, smooth animations, and the ability to work offline. This enhances user engagement and satisfaction, driving their adoption.

Progressive web apps are designed to work on any device with a modern web browser, making them highly versatile. This cross-platform compatibility reduces the need for separate development for different operating systems, saving developers time and costs. Their lower development costs in comparison to traditional native apps are contributing to their rising popularity.

Governments are actively promoting digitalization by launching Artificial Intelligence (AI)-integrated applications. For example, in January 2024, the central government of India introduced an AI-based platform called the 'Anuvadini' app. It is designed to digitize study materials for all school and higher education courses, making them accessible in the Indian languages. This initiative aligns with the National Education Policy (NEP) 2020 recommendations, which emphasize the importance of studying in one's native language. Such efforts are expected to positively impact the market, as users will anticipate faster applications for various uses.

Request a free sample copy or view report summary: Progressive Web Apps Market Report

Progressive Web Apps Market Report Highlights

• The services segment is expected to register the fastest CAGR. The segment's growth is driven by the need for expertise in PWA development and the demand for custom solutions, prompting businesses to seek professional services.
• The large enterprises segment dominated the Progressive Web Apps (PWA) market in 2023. The segment's growth is driven by large enterprises' push for digital transformation and the need for scalable solutions.
• The e-commerceand retail segment is expected to register the fastest CAGR. The rapid rise in e-commerce sales drives the segment's growth as retail businesses adopt progressive web apps for their benefits, like enhanced customer loyalty.
• North America dominated the Progressive Web Apps (PWA) market in 2023, driven by high software development activity and smartphone penetration, increasing the demand for responsive applications.
• In November 2022, Snapchat (Snap Inc.) introduced a progressive web app for Windows 10 and 11, requiring Microsoft's Microsoft Edge to function. The 1.4MB app, available in the Microsoft Store, operates like a native app with notification support and allows users to add a desktop taskbar shortcut for quick access from the Start Menu.

Access Press Release@ https://www.grandviewresearch.com/press-release/global-progressive-web-apps-pwa-market

Progressive Web Apps Market Segmentation

Grand View Research has segmented the global progressive web apps market based on the component, organization size, application, and region:

Progressive Web Apps (PWA) Component Outlook (Revenue, USD Million, 2017 - 2030)

• Platform
  • Desktop PWAs
  • Mobile PWAs
  • Tablet PWAs
• Services

Progressive Web Apps (PWA) Organization Size Outlook (Revenue, USD Million, 2017 - 2030)

• Small & Medium Enterprises
• Large Enterprises

Progressive Web Apps (PWA) Application Outlook (Revenue, USD Million, 2017 - 2030)

• E-commerce and Retail
• Media and Entertainment
• Social Media
• Travel and Tourism
• Healthcare
• Education
• Banking and Financial Services
• Others

Progressive Web Apps (PWA) 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 Progressive Web Apps Market

• Google
• Microsoft
• OutSystems
• Alokai (former Vue Storefront)
• IBM Corporation
• Cloud Four, Inc.
• DockYard Inc.
• Enonic AS
• GoodBarber
• Meta
• Svelte

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.

Japan Inbound Wholesale Roaming Market Insights Business Opportunities, Current Trends And Forecast 2030: Grand View Research Inc.

 Japan Inbound Wholesale Roaming Market Growth & Trends

The Japan inbound wholesale roaming market size is expected to reach USD 2.35 billion by 2030 and exhibit a CAGR of 6.7% from 2024 to 2030 according to a new study by Grand View Research, Inc., The widespread deployment of 5G infrastructure across Japan has significantly enhanced data speeds and connectivity, catering to modern travellers who rely heavily on mobile data for various applications, including streaming, navigation, and real-time communication. The growing number of 5G mobile subscribers worldwide is significantly driving the demand for roaming services. International travellers with 5G-enabled devices seek high-speed data connectivity, further fuelling this demand.

The widespread adoption of advanced technologies, such as IoT, Cloud, and 5G is providing significant growth opportunities for the Japan inbound wholesale roaming market. The rapid increase in connected devices, from industrial machinery to wearable technology, requires robust, geographically neutral connectivity solutions. Roaming services are crucial in ensuring seamless data transmission for these devices globally. Mobile Network Operators (MNOs) are well-positioned to exploit this market by developing specialized roaming packages tailored to the specific data transmission needs of IoT and M2M devices, such as low power consumption, reliable small data packet transfers, or real-time data exchange.

Strategic partnerships between Japanese and international telecom operators also play a crucial role in enhancing the quality and coverage of roaming services, ensuring that travellers experience consistent and high-quality connectivity. These factors are collectively driving the growth of the Japan inbound roaming market, emphasizing the importance of advanced network infrastructure and customer-centric service offerings.

However, long average of clearing and settlement times significantly impact various aspects of the inbound wholesale roaming market in Japan. From a financial perspective, delayed payments result in postponed revenue recognition for Mobile Network Operators (MNOs), straining their cash flow and making investments in network improvements, new technologies, and expansion projects difficult. This also necessitates higher working capital to bridge the gap between service delivery and payment receipt, increasing financial pressure on the operators. 

Request a free sample copy or view report summary: Japan Inbound Wholesale Roaming Market Report

Japan Inbound Wholesale Roaming Market Report Highlights

• Based on service, the IoT segment is expected to register a CAGR of 10.6% from 2024 to 2030. The deployment of Low-Power Wide-Area (LPWA) and 5G technologies is significantly boosting the use of interconnected and eSIM-enabled consumer IoT devices, such as NB-IoT-enabled door locks, smoke alarms, smart home appliances, 4G-connected cameras, multilingual translators, and 5G FWA CPEs. IoT devices are increasingly equipped with eSIM technology to simplify the activation of various isolated devices. The eSIM technology automates this process safely and efficiently. The notable rise in eSIM adoption is driving the growth of the IoT sector in Japan's inbound wholesale roaming market by ensuring reliable and effective global device activation and usage.
• Based on roaming type, the post-paid segment is expected to register a CAGR of 7.0% from 2024 to 2030. Japan is a major hub for business travel, where post-paid plans offer a convenient and cost-effective solution for staying connected with colleagues and clients on the go. Japanese mobile operators are capitalizing on this trend by offering tailored post-paid plans to meet the specific needs of business travellers, enhancing their connectivity and productivity while traveling.
• In terms of application, the mobile router usage roaming segment is expected to register a CAGR of 9.8% from 2024 to 2030. This segment is thriving due to the growing demand for reliable internet connectivity among international travellers. Mobile routers provide a convenient solution for tourists, business travellers, and expatriates, enabling continuous internet access without the need for local SIM cards or public Wi-Fi networks. This increased demand is fuelled by the necessity for seamless communication, access to online services, and the convenience of connecting multiple devices simultaneously.
• Based on inbound countries, the China segment is expected to register a CAGR of 8.8% from 2024 to 2030. China's expanding economy, growing population, and rapidly increasing middle-class income group are significantly boosting various industries, including international travel. As disposable incomes rise, more Chinese citizens are traveling abroad, with Japan becoming a popular destination. This influx of Chinese tourists is not only bolstering Japan's tourism industry but also prompting Japanese mobile operators to offer tailored roaming packages to meet the needs of these visitors, thereby capitalizing on the trend and enhancing the travel experience for Chinese tourists. 

Access Press Release@ https://www.grandviewresearch.com/press-release/japan-inbound-wholesale-roaming-market-analysis

Japan Inbound Wholesale Roaming Market Segmentation

Grand View Research has segmented the Japan inbound wholesale roaming market based on service, roaming type, application, inbound countries, and region:

Japan Inbound Wholesale Roaming Service Outlook (Revenue, USD Million, 2018 - 2030)

• Data
• SMS
• Voice
• IoT

Japan Inbound Wholesale Roaming Type Outlook (Revenue, USD Million, 2018 - 2030)

• Pre-paid
• Post-paid

Japan Inbound Wholesale Roaming Application Outlook (Revenue, USD Million, 2018 - 2030)

• MNO Telco Roaming
• Travel SIM Roaming
• Mobile Router Usage Roaming 

Japan Inbound Wholesale Roaming Inbound Countries Outlook (Revenue, USD Million, 2018 - 2030)

• US.
• China
• Korea
• Taiwan
• Hong Kong
• Thailand
• Australia
• Philippines
• Malaysia
• Vietnam
• Rest of the World

List of Key Players in the Japan Inbound Wholesale Roaming Market

• NTT DOCOMO
• SoftBank Corp.
• KDDI CORPORATION
• Rakuten Mobile, Inc. (Rakuten Group, Inc.)
• Internet Initiative Japan Inc.
• Sakura Mobile
• Asahi Net, Inc.
• Sony Network Communications Inc. (So-net)
• WirelessGate Inc.
• Inbound Platform Corp.

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.

Digital Printing Market Witness Excellent Revenue Growth During 2024-2030: Grand View Research Inc

 Digital Printing Market Growth & Trends

The global digital printing market size is anticipated to reach USD 57.03 billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is experiencing a surge in demand driven by several key factors. One of the primary reasons is the ability of digital printing technology to offer high levels of customization. Unlike traditional printing methods that often require costly setup processes for each design variation, digital printing allows for quick and easy customization. This flexibility is particularly appealing to industries such as fashion and home décor, where personalized products are increasingly sought after by consumers looking for unique and tailored items.

Another significant factor contributing to the growth of digital printing is its capability for short-run production. Traditional printing methods like offset printing are more suitable for large-scale runs due to higher setup costs and longer lead times. In contrast, digital printing enables cost-effective production of small quantities. This advantage is crucial for businesses that require on-demand printing or frequent updates to their product offerings, allowing them to manage inventory efficiently and reduce waste.

Speed and efficiency are also key drivers behind the rising demand for digital printing. Digital printing eliminates the need for time-consuming setup processes involved in traditional printing methods. This allows for quicker turnaround times, enabling businesses to respond promptly to market demands and customer orders. The ability to produce prints rapidly without compromising on quality is particularly beneficial in industries with fast-paced environments and tight deadlines.

However, initial investment costs associated with digital printing equipment act as a market restraint. Digital printing can be cost-effective for short runs and customized projects, and the upfront investment in high-quality printers and software can be substantial. This cost barrier may deter smaller businesses or startups from adopting digital printing technology, especially if they do not have a consistent volume of printing orders to justify the investment. Another challenge is the limitation in printing speed and efficiency for large-scale production compared to traditional printing methods like offset printing. While digital printing offers quick turnaround times for small to medium-sized print jobs, it may not be as efficient for very large runs due to slower printing speeds and higher per-unit costs. This constraint can limit its application in industries where mass production at high speed is crucial.

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

Digital Printing Market Report Highlights

• The inkjet printing segment claimed the largest market share of 48.4% in 2023 in the market. The segment's dominance can be attributed to its cost-effectiveness, especially in terms of setup and production for short to medium print runs. Unlike traditional offset printing, which often involves costly setup processes and higher minimum print quantities, inkjet printing allows for more economical production of smaller batches. This capability is particularly beneficial for personalized products, prototypes, and on-demand printing scenarios.
• The UV-curable ink segment is projected to register the fastest CAGR of 7.4%. UV-curable inks offer significant advantages in terms of print quality and durability. These inks cure instantly when exposed to ultraviolet (UV) light, resulting in prints that are immediately dry and resistant to scratching and fading. This rapid curing process allows for faster production speeds compared to traditional solvent-based or water-based inks, thereby increasing efficiency in digital printing operations.
• The fabric segment is expected to register the highest CAGR of 8.5% from 2024 to 2030 in the market. Digital printing technology has revolutionized the textile and apparel industries by offering flexibility and customization capabilities. Unlike traditional textile printing methods such as screen printing or rotary printing, digital printing allows for intricate designs, vibrant colors, and detailed patterns to be printed directly onto fabrics with high precision. This capability is particularly attractive to fashion brands, interior designers, and manufacturers seeking to differentiate their products in a competitive market.
• The packaging segment dominated the target market with a market share of 51.7% in 2023. The ability of digital printing to provide high-quality, vibrant prints on various packaging substrates-including paperboard, corrugated board, flexible packaging materials, and labels-has contributed to its widespread adoption in the packaging industry. Digital printers can reproduce intricate designs, intricate patterns, and vibrant colors with exceptional clarity and detail, enhancing the visual appeal of packaged products on store shelves.
• North America, led by the U.S., dominated the market in 2023. North America benefits from a robust ecosystem that supports the growth and adoption of digital printing across diverse industries. The region has witnessed substantial demand for digital printing solutions in sectors such as packaging, textiles, advertising, and publishing. This demand is fueled by the increasing preference for personalized and customized products, rapid prototyping capabilities, and the ability to produce short print runs economically. North American companies have adeptly capitalized on these trends, tailoring their offerings to meet the specific needs of each industry segment.
• In May 2024, Electronics for Imaging, Inc. unveiled multiple innovative solutions in inkjet printing for display graphics, packaging, and textiles at the Drupa 2024 exhibition in Germany. The company introduced the EFI Nozomi 14000 AQ, a new single-pass inkjet technology designed for corrugated packaging and displays. This technology features water-based inks that provide packaging producers with an additional option for their corrugated applications. These water-based inks comply with regulations set forth by the European Printing Ink Association (EuPIA), the Swiss Ordinance RS817.023.21, and adhere to Nestlé Guidance Note and European directives regarding packaging inks.

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

Digital Printing Market Segmentation

Grand View Research has segmented the global digital printing market report based on technology, ink, substrate, application, and region:

Digital Printing Technology Outlook (Revenue, USD Million, 2017 - 2030)

• Inkjet Printing
• Laser Printing
• Electrophotography
• Thermal Transfer Printing
• Others

Digital Printing Ink Outlook (Revenue, USD Million, 2017 - 2030)

• Solvent-Based Ink
• UV-Curable Ink
• Aqueous Ink
• Latex Ink
• Others

Digital Printing Substrate Outlook (Revenue, USD Million, 2017 - 2030)

• Paper
• Plastic
• Fabric
• Glass & Metal
• Others

Digital Printing Application Outlook (Revenue, USD Million, 2017 - 2030)

• Packaging
• Advertising
• Publishing
• Textiles

Digital Printing 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 (MEA)
  • KSA
  • UAE
  • South Africa

List of Key Players in the Digital Printing Market

• HP Inc.
• Canon, Inc.
• Ricoh Company, Ltd.
• Mimaki Engineering Co., Ltd.
• Roland DG Corporation
• Xerox Corporation
• Seiko Epson Corporation
• DURST GROUP AG
• Brother Industries, Ltd.
• Electronics For Imaging, 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.

Supplements And Nutrition Packaging Market Key Players, Industry Share, Growth, And Forecast To 2030: Grand View Research Inc.

 Supplements And Nutrition Packaging Market Growth & Trends

The global supplements and nutrition packaging market size is expected to surpass USD 40.54 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% from 2024 to 2030. The rising demand for immunity-boosting supplements due to the COVID-19 outbreak, ease in access to supplements, increasing disposable income, and consumer awareness regarding nutrition, health, and wellness. However, the presence of counterfeit products is hampering the market of supplements which in turn decline the demand for packaging.

The COVID-19 pandemic started in December 2019 in Wuhan, China, and it subsequently spread at global levels. It led to 4 million deaths as of June 2020. People with low immunity, especially, the geriatric demography, along with others suffering from medical conditions such as diabetes, heart disease, asthma, and cancer are highly vulnerable to complications arising due to the COVID-19 infection. Thus, consumers are increasingly consuming supplements rich in omega-3 and omega-6 fatty acids Vitamin D, Zinc, and vitamin C to boost their immunity levels. This has further resulted in a surge in demand for such supplements, which, in turn, is benefitting the manufacturers of supplements and nutrition packaging.

Further, the accessibility of dietary and nutritional supplements is increasing due to the emergence of e-commerce. Although it is difficult to buy dietary and nutrition supplements online due to a lack of product knowledge and suitability concerns, sales of these products have continued to increase. Some of the key players in this market are striving hard to educate consumers, in order to improve the online shopping experience. Thus, accessibility to these products is increasing through online retail. Thus, driving the demand for packaging.

According to the data published by The Italian Medicines Agency, over the past 5 years, 27 known counterfeit medicines cases were reported in the legitimate supply chain, whereas 170 cases were reported in the illegitimate supply chain among the EU member states. In Europe, drug ingredients used in dietary supplements are a major concern. The European Directorate for the Quality of Medicines lab networks tested 370 dietary supplements that were labeled as herbal products, but nearly 47% contained non-declared active pharmaceutical ingredients. These factors are expected to negatively impact market growth. The lack of sufficient regulations for product approvals is another key factor restricting the demand for packaging.

Request a free sample copy or view report summary: Supplements And Nutrition Packaging Market Report

Supplements And Nutrition Packaging Market Report Highlights

• In terms of revenue, the secondary & tertiary packaging type is projected to ascend at the highest CAGR of 5.2% over the forecast period. The secondary & tertiary packaging protect the primary packaging and assists in smooth and damage-free transportation of the products throughout the supply chain. The expanding e-commerce business is driving demand for secondary & tertiary packaging
• Plastic segment accounted for the largest revenue share of 77.4% in 2022. Various plastic resins, including HDPE, PET, and PP, are commonly used to make packaging bottles, jars, sachets, pouches, and blister packs for supplements. Properties such as lightness, chemical inertness, and ease of molding along with low cost and wide availability of plastic materials are the key factors contributing to their high adoption for the manufacturing of supplements & nutrition packaging products
• Supplements & nutrition packaging in Asia Pacific was valued at USD 11.46 million in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. The presence of highly populated countries, such as China and India, with growing urbanization and spending power of the population, is attributed to driving the market in the region
• The global supplements and nutrition packaging market is moderately fragmented, with the presence of a large number of small-sized and medium-sized companies. The market participants are primarily offering rigid packaging solutions, such as plastic and glass bottles, as well as flexible packagingsolutions such as stand-up pouches, sachets, and others

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

Supplements And Nutrition Packaging Segmentation

Grand View Research has segmented the global supplements and nutrition packaging market report based on packaging type, material, formulation and region:

Supplements And Nutrition Packaging Material Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Plastic
  • PET
  • HDPE
  • PP
  • Others
• Paper & Paperboard
• Glass
• Metals

Supplements And Nutrition Packaging Product Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Bottles & Jars
• Tins & Cans
• Pouches
• Sachets
• Blisters
• Other Products

Supplements And Nutrition Packaging Formulation Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

• Tablets
• Capsules & Pills
• Powder
• Soft Gel
• Liquid

Supplements And Nutrition Packaging Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Supplements And Nutrition Packaging Market

• Glenroy, Inc.
• Alpha Packaging
• Comar, LLC
• Graham Packaging Company
• Gerresheimer AG
• ePac Holdings, LLC
• Law Print & Packaging Management Ltd.
• MPS (Molded Packaging Solutions)
• OPM Labels
• Container and Packaging Supply, Inc.
• PRETIUM PACKAGING
• Eagle Flexible Packaging
• TRL Packaging
• Uniflex
• Altium Packaging

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.

Nuclear Magnetic Resonance Spectroscopy Market to Witness Exponential Growth by 2030: Grand View Research Inc.

 Nuclear Magnetic Resonance Spectroscopy Market Growth & Trends

The global nuclear magnetic resonance spectroscopy market size is expected to reach USD 1.08 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.1% from 2024 to 2030. The rising need for metabolomics-based diagnosis, coupled with increasing usage in various fields, is anticipated to surge the growth of the market. Bruker offers nuclear magnetic resonance (NMR) spectroscopy solutions for multi-omics, tissue SpatialOMx, proteomics, functional structural biology, biomolecular condensates, and biopharma and applied.

The market for NMR spectroscopy witnessed incremental growth in 2021 and is anticipated to showcase a similar trend in the forecast period. The instrument demand from academic and university research centers is a significant contributor to the revenue. For instance, in June 2021, National Science Foundation announced an investment of USD 40 million to develop the Network for Advanced NMR (NAN) between the University of Georgia, UConn School of Medicine, and UW–Madison’s National Magnetic Resonance Facility at Madison.

Other determinants such as the rapidly expanding demand for generic medicine, technical improvements in healthcare, as well as government initiatives and grants in the nuclear magnetic resonance spectroscopy industry are also contributing to the market's growth. In the U.S., government-funded - S10 Instrumentation Programs have been formed to support the purchase of instruments, including NMR spectroscopy. There are three active funding programs with June 2023 as the deadline. These programs range from USD 25,000 to USD 2,000,000.

The COVID-19 pandemic is anticipated to positively impact the demand for the product. However, supply shortages and accelerated prices of raw materials impacted the profitability of the players. The prices of key raw materials such as copper, steel, and metallic, used for superconductors, have risen over the last decade.

The increasing demand for cancer diagnostics is expected to majorly drive market growth in the coming years. Diagnosis for Parkinson’s disease, cancer, infectious diseases, and psychiatric disorders, has been investigated with the use of NMR spectroscopy. For instance, in January 2022, a study was conducted at the University of Oxford to develop a new blood test, through NMR metabolomics, that can identify a range of cancers.

On the other hand, this is a niche market with limited players. Additionally, NMR spectroscopy is considered to be bulky and expensive, as its cost ranges from around a few hundred thousand dollars for 400 MHz, to millions for higher field magnets. Additionally, the requirement of high-field magnets, filled with cryogenic fluids regularly, and routine maintenance of electronics and probes increases the cost. 

Request a free sample copy or view report summary: Nuclear Magnetic Resonance Spectroscopy Market Report

Nuclear Magnetic Resonance Spectroscopy Market Report Highlights 

• By product, the instruments segment held the dominant share of the NMR spectroscopy industry, owing to the increasing demand by universities and research centers for high-field NMR spectroscopy
• The steadily increasing scope of the product has a significant impact on the market. For instance, solid-state NMR spectroscopy (SSNMR) is considered an analytical tool for drug characterization, hence propelling the market growth
• By type, the high-field NMR spectroscopy segment dominated the market in 2023, since it offers better sensitivity to the researchers
• By end-use, the academic segment held a larger share in 2023; numerous universities employ NMR analysis to enhance chemical identification in pharmaceutical and chemical industries
• North America held a substantial share in the global market in 2023 due to the presence of a large number of universities and increasing funding support by the government to enhance research infrastructure
• The Asia Pacific region is projected to grow considerably in the future, owing to the rising availability of raw materials and increasing biomedical research in the pharma and biotech industry

Access Press Release@ https://www.grandviewresearch.com/press-release/global-nuclear-magnetic-resonance-spectroscopy-market

Nuclear Magnetic Resonance Spectroscopy Market Segmentation

Grand View Research has segmented the global nuclear magnetic resonance spectroscopy market report based on product, type, end-use and region:

Nuclear Magnetic Resonance Spectroscopy Product Outlook (Revenue, USD Million, 2018 - 2030­)

• Instruments
• Consumables

Nuclear Magnetic Resonance Spectroscopy Type Outlook (Revenue, USD Million, 2018 - 2030)

• Low-field NMR Spectroscopy
• High-field NMR Spectroscopy

Nuclear Magnetic Resonance Spectroscopy End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Academic
• Pharmaceutical and Biotech Companies
• Agriculture and Food
• Chemical Industry
• Others

Nuclear Magnetic Resonance Spectroscopy 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
  • Singapore
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List of Key Players in the Nuclear Magnetic Resonance Spectroscopy Market

• JEOL Ltd.
• Thermo Fisher Scientific Inc.
• Bruker
• Magritek
• Oxford Instruments
• Nanalysis Corp.
• Anasazi Instruments, Inc.
• QoneTec
• Advanced Magnetic Resonance Limited

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.

Microprocessor Market Revenue is Expected to Reach $196.50 Billion by 2030: Grand View Research Inc.

 Microprocessor Market Growth & Trends

The global microprocessor market size is projected to reach USD 196.50 billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Moreover, the global microprocessor market volume is projected to reach 3.90 billion units in 2030. In recent years, growing IT industries and increasing data centers have been observed continuously demanding cloud and web-based services. The shifting inclination towards cloud data storage is expected to result in growing demand for servers, further boosting the demand for microprocessors over the forecast years. Besides, there is a surging need to minimize the size of microprocessors due to the compact size of devices that enable improved processing, speed, and portability, resulting in the growth of the market across the globe.

Escalating demand for microprocessors in various applications such as 5G technology, smart cards, artificial intelligence (AI), and machine learning techniques is expected to be one of the key factors boosting the market growth. The aforementioned applications enable speedier transit of organizational data across the IT network and thus find extensive usage in public clouds, data center facilities, and connected devices. Most organizations are, therefore, incorporating ICs to support the functioning of advanced technologies in devices, resulting in lower operational costs.

Embedded devices application is driven by extensive usage of microprocessors. Based on the type of application, embedded microprocessors can use 8, 16, 32, and 64-bit processors. High-end processors find use in communications infrastructure equipment such as soft switches and firewalls, whereas usage of low-end processors lies in consumer electronics and industrial applications. Furthermore, economic betterment in Asia Pacific and consequent growth in market penetration of consumer electronics remain key contributors to regional as well as global growth.

Companies manufacturing microprocessors are investing in Research and Development (R&D) to provide new products to their customers. For instance, in March 2024, STMicroelectronics announced the launch of the STM32MP2 series, its second generation of industrial microprocessors, aimed at advancing smart factories, buildings, healthcare, and infrastructure. These MPUs will power next-generation equipment like industrial controllers, medical wearables, and smart appliances, supporting digital transformation through technologies such as cloud computing, AI, and IoT.

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

Microprocessor Market Report Highlights

• Based on architecture, the ARM MPU segment is expected to register the fastest CAGR from 2024 to 2030. The segment's growth is attributed to the versatility and energy efficiency of ARM-based processors, which serve a wide range of applications.
• Based on application, the personal computers segment dominated the market in 2023. It is driven by the rising use of advanced microprocessor chips and key players like Advanced Micro Devices, Inc. introducing new products such as the Ryzen 8000G Series to enhance performance and energy efficiency.
• In 2023, Asia Pacific led the microprocessor market, driven by an improving technological infrastructure in the region. Moreover, high electronics manufacturing activity in the region drives the demand for microprocessors.
• In July 2023, Microchip Technology Incorporated opened its new R&D center in Hyderabad, India, enhancing its presence in India alongside existing centers in Bangalore and Chennai. This expansion, part of a multi-year investment initiative, aims to grow Microchip Technology Incorporated's workforce and operations in India, bolstering the company's long-term growth plans and supporting its global business needs.

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

Microprocessor Market Segmentation

Grand View Research has segmented the global microprocessor market based on the architecture, application, and region:

MicroprocessorArchitecture Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• ARM MPU
  • By ARM Size
    • ARM 32-Bit
    • ARM 64-Bit
  • By End-use
    • Consumer Electronics
    • Networking & Communication
    • Automotive
    • Industrial
    • Medical Systems
    • Aerospace & Defense
    • Energy
      • Oil & Gas
      • Others
    • Others
  • x64
  • x86
  • MIPS

MicroprocessorApplication Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

• Smartphones
• Personal Computers
• Servers
• Tablets
• Embedded Devices
• Others

MicroprocessorRegional Outlook (Volume, Million Units; 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 the Key Players in the Microprocessor Market

• Advanced Micro Devices, Inc.
• Intel Corporation
• Qualcomm Technologies, Inc.
• Texas Instruments Incorporated
• STMicroelectronics
• Microchip Technology Inc.
• NXP Semiconductors
• Renesas Electronics Corporation
• MediaTek Inc.
• NVIDIA Corporation
• Analog Devices, Inc.
• Broadcom
• Nuvoton Technology Corporation
• Samsung
• The Western Design Center, Inc.
• SiFive, 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.