Buccal Drug Delivery Systems Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Buccal Drug Delivery Systems Market Growth & Trends

The global buccal drug delivery systems market size is expected to reach USD 6.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 6.2% from 2024 to 2030. Buccal drug delivery systems have gained significant momentum since the last decade. Elimination of first-pass metabolism, quick absorption of the pH-sensitive drug, no interaction with stomach acid, quicker onset of action than any oral dose, minimal side effects, and reduced drug degradation are some of the factors fueling the market growth. Buccal drug delivery has gained large acceptance among geriatric patients and patients having difficulty swallowing.

Leading players like Generex, NovaDel, Biodiversity Sciences International, and Transcept Pharmaceuticals are constantly developing critical drugs like insulin, heparin, morphine, long-lasting pain analgesics, and some anti cardiac drugs into rapid mists, mucoadhesive discs, and lozenges. Commercialization of this research would eventually lead to being a major life savior as it would ensure the faster onset of action and eliminate drug degradation. Despite the increased R&D activity among market players, asteep decline was observed in the sales and revenue gainsdue to the outbreak of the Covid-19 pandemic. Except for covid medications, several other drug markets were majorly hit leading to the dip in the market for buccal drug delivery. However, it is expected to bounce back by 2022.

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Buccal Drug Delivery Systems Market Report Highlights

• The buccal tablets and lozenges type segment accounted for the largest revenue share in 2023 due to its wider acceptance among patients
• The smoking cessation application segment held the largest share in 2023. Buccal drug delivery is often the most preferred and effective formulation for treating patients with smoking or nicotine addiction
• The hospital end-user segment captured the largest revenue share in 2023 owing to a large number of admissions of geriatric patients and abundant medication supplies
• North America held the largest revenue share in 2023 due to a large number of leading manufacturers and growing research in the region

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Buccal Drug Delivery Systems Market Segmentation

Grand View Research has segmented the global buccal drug delivery systems market on the basis of type, application, end-user, and region:

Buccal Drug Delivery Systems Type Outlook (Revenue, USD Million, 2018 - 2030)

• Sublingual Films and Wafers
• Buccal Tablets/Lozenges
• Oral Sprays

Buccal Drug Delivery Systems Application Outlook (Revenue, USD Million, 2018 - 2030)

• Pain Management
• Smoking Cessation
• Angina Pectoris
• Others

Buccal Drug Delivery Systems End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Ambulatory Centers
• Others (Clinics, Home Health/OTC)

Buccal Drug Delivery Systems Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List Of Key Players in the Buccal Drug Delivery Systems Market

• GSK plc
• Teva Pharmaceutical Industries Ltd.
• Pfizer Inc.
• Generex Biotechnology Corporation (LUMITOS AG)
• ARx, LLC.
• Endo, Inc.
• Catalent, Inc
• Cynapsus Therapeutics Inc.
• Collegium Pharmaceutical
• Indivior 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.

T-cell Lymphoma Market is Anticipated To Generate Significant Revenues by 2030: Grand View Research Inc.

 T-cell Lymphoma Market Growth & Trends

The global T-cell lymphoma market size is anticipated to reach USD 3.70 billion by 2030, expanding at a CAGR of 8.83% from 2024 to 2030, according to a new report by Grand View Research, Inc. The TCL market is expanding substantially, driven by advancements in treatment options and strategic initiatives by pharmaceutical companies. The introduction of 14 new pipeline agents and expanded therapies for new indications are key factors fueling this growth. These developments aim to provide patients with more treatment choices beyond traditional chemotherapy, which has been a cornerstone in TCL therapy.

In 2023, the U.S. reported around 12,600 new cases of Peripheral T-Cell Lymphoma (PTCL), a number expected to rise by 2030, reflecting an increasing disease incidence. Moreover, CAR-T therapies for Non-Hodgkin Lymphoma (NHL) in markets such as the United States, France, Germany, Italy, Spain, UK, and Japan totaled approximately 155,300 cases in 2023. The pipeline for CAR-T therapies is diverse, targeting various stages of development and focusing mainly on B-cell Lymphoma types, with emerging interest in PTCL treatments.

Currently, anthracycline-based chemotherapy remains standard for newly diagnosed PTCL patients, with regimens like CHOP or CHOEP being typical first-line treatments. However, newer approaches such as CHP-BV for ALCL illustrate a shift towards more targeted therapies, enhancing treatment efficacy. Additionally, Japan has seen significant advancements with the introduction of drugs like HIYASTA, DARVIAS, and REMITORO for ATLL and R/R PTCL, expanding treatment options and driving market growth. These innovations provide hope for better outcomes, particularly for patients with limited therapeutic choices.

The field of CAR-T and NK cell therapies is also progressing, moving from preclinical phases to larger clinical studies. These innovative approaches offer promising prospects for personalized TCL treatments. In addition, biologics targeting specific TCL-related proteins and signals are under development, including PD-1/PD-L1 inhibitors, NK-cell engagers, anti-CD47 antibodies, and drugs like mogamulizumab targeting CCR4. These advancements aim to create more precise treatment platforms, potentially improving patient outcomes.

Looking ahead, strategic initiatives by pharmaceutical companies are expected to drive significant market changes by 2030, particularly in Japan and the U.S. These initiatives include introducing established drugs into new markets, exploring novel treatment approaches, and focusing on under-researched targets tailored to TCL subtypes.

However, the market faces challenges such as patent expires on standard treatments, leading to generic competition that could impact sales. Nonetheless, the entry of new agents into the market is anticipated to mitigate these challenges and sustain growth momentum.

Key players like Takeda Pharmaceuticals, Bristol-Myers Squibb, and Novartis are pivotal in driving market dynamics, alongside emerging firms such as Citius Pharmaceuticals, Innate Pharma, and Soligenix. Their innovative therapies like ADCETRIS and POTELIGEO are crucial in meeting TCL treatment needs. Novartis's commitment to CAR-T therapies underscores ongoing innovation, while emerging treatments like I/ONTAK (E7777), SGX301, and Lacutamab are poised to further enrich TCL management strategies. These companies are pivotal in shaping the future TCL landscape through strategic initiatives and pioneering treatments.

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T-cell Lymphoma Market Report Highlights

• Based on type, the Peripheral T-Cell Lymphoma (PTCL) segment held the largest revenue share of 66.47% in 2023
• Based on therapy, the chemotherapy segment held the largest revenue share of 26.69% in 2023. For many years, chemotherapy has been the cornerstone of TCL treatment, with regimens such as CHOP (cyclophosphamide, doxorubicin, vincristine, and prednisone) and CHOEP (cyclophosphamide, doxorubicin, vincristine, etoposide, and prednisone) being commonly used. These regimens are widely recognized for their effectiveness in managing disease and are typically the first line of treatment for newly diagnosed patients
• The Immunotherapy segment is expected to grow with a fastest growth rate of 7.21% over the forecast period. This rapid growth is driven by significant advancements and the introduction of novel therapies that harness the body's immune system to target cancer cells more precisely
• North America represents the largest market with share of 37.67% in 2023, driven by advanced healthcare infrastructure, high healthcare expenditure, and significant ongoing research and development

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T-Cell Lymphoma Market Segmentation

Grand View Research has segmented the global T-Cell lymphoma market based on type, therapy, and region:

T-Cell Lymphoma Type Outlook (Revenue, USD Million, 2018 - 2030)

• Peripheral
  • Cutaneous T-cell Lymphoma
  • Anaplastic Large Cell Lymphoma
  • Angio-immuno-blastic T-cell Lymphoma
  • Other
• Lymphoblastic

T-Cell Lymphoma Therapy Outlook (Revenue, USD Million, 2018 - 2030)

• Radiotherapy
• Chemotherapy
• Immunotherapy
• Stem Cell Transplantation
• Other

T-Cell Lymphoma Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the T-cell Lymphoma Market

• Acrotech Biopharma
• Affimed GmbH
• Bristol Myers Squibb
• Chipscreen Biosciences
• Citius Pharma
• Daiichi Sankyo Company, Limited
• Eisai Co., Ltd.
• Genor Biopharma Co. Ltd
• Innate Pharma
• Dizal Pharma

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.

Dental Impression System Market will be Worth $3.19 Billion by 2030: Grand View Research Inc.

 Dental Impression System Market Growth & Trends

The global dental impression system market size is expected to reach USD 3.19 billion by 2030, expanding at a CAGR of 9.4%, according to a new report by Grand View Research, Inc. The market is experiencing significant growth due to several key factors. The rising demand for cosmetic dental procedures, such as teeth whitening, veneers, and dental implants, is a major driver for the market growth. As individuals become increasingly conscious of their appearance and seek to enhance their smiles, the need for accurate dental impressions to create customized restorations has increased.   

Moreover, the growing prevalence of dental diseases, including dental caries, periodontal diseases, and tooth loss, is another significant factor contributing to the expansion of the market. As more people seek treatment for these conditions, the demand for accurate dental impressions to create prosthetics, crowns, and other restorative solutions has risen. According to the World Health Organization 2023 report, nearly 3.5 billion people globally suffered from oral diseases, highlighting the substantial market potential for dental impression systems.

Furthermore, the adoption of digital dentistry technologies, such as intraoral scanners and CAD/CAM systems, has revolutionized the dental impression process. These advanced systems offer increased accuracy, efficiency, and patient comfort compared to traditional impression techniques, driving their widespread adoption in the industry. In 2023, a leading dental technology company, Dentsply Sirona, launched its latest intraoral scanner, the CEREC Primescan, which features improved scanning speed and accuracy, further boosting the demand for digital dental impression systems. As these technologies continue to advance and become more accessible, they are expected to play a significant role in shaping the future of the dental impression system market.

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Dental Impression System Market Report Highlights

• Based on product, the impression materials segment dominated the market and held the largest revenue share of over 44.39% in 2023. This is primarily due to their widespread use in various dental procedures, including crowns, bridges, and dentures, where they provide excellent precision and detail for accurate dental impressions
• Based on application, the restorative & prosthodontics dentistry segment dominated the market and held the largest revenue share of over 60.97% in 2023 due to the growing edentulous population and the increasing demand for dental restorations and prosthetics. The segment's dominance is also attributed to the high prevalence of dental diseases and the rising need for cosmetic dentistry
• Based on end-use, the dental clinics segment dominated the market with a revenue share of over 56.0% in 2023, and is expected to grow at the fastest CAGR of 10.0% from 2024 to 2030 due to the rising incidence of dental diseases and the growing need for advanced dental treatments. The segment's dominance is also attributed to the increasing adoption of digital impression systems in dental clinics, which enhance the accuracy and efficiency of dental procedures
• In 2023, Europe led the market with a share of 40.39%, due to the high prevalence of dental diseases and a growing demand for cosmetic dentistry. Additionally, the presence of key market players and ongoing research and development activities further fueled the market growth in Europe

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Dental Impression System Market Segmentation

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

Dental Impression System Product Outlook (Revenue, USD Million, 2018 - 2030)

• Impression Materials
• Intraoral Scanners
• Impression Trays
• Others

Dental Impression System Application Outlook (Revenue, USD Million, 2018 - 2030)

• Restorative & Prosthodontics Dentistry
• Orthodontics

Dental Impression System End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Dental Clinics
• Others

Dental Impression System Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in the Dental Impression System Market

• 3M Company
• Dentsply Sirona
• Henry Schein Inc.
• Mitsui Chemicals (Kulzer GmbH)
• Envista (Kerr Corporation)
• 3Shape
• Ivoclar Vivadent 
• Coltene Group
• Ultradent Products Inc.
• Septodont Holding.

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. Pre-engineered Metal Building Market to Incur Meteoric Growth During 2024 to 2030: Grand View Research Inc.

 U.S. Pre-engineered Metal Building Market Growth & Trends

The U.S. pre-engineered metal building market size is expected to reach USD 21.03 billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is attributed to the advantages of pre-engineered metal buildings over conventional steel buildings, including less erection time and costs, high seismic resistance, and lightweight. Growing inflation and increasing cost of raw materials are projected to further enhance the necessity of pre-engineered metal buildings in the U.S. over the forecast period.

Increasingly prioritizing sustainability by governments, businesses, and consumers which is resulting in growing demand for green building solutions in the U.S. such as pre-engineered metal buildings. By aligning with sustainability initiatives and offering eco-friendly solutions, PEMB providers can not only drive the market but also contribute positively to environmental conservation efforts in the U.S.

Growing awareness regarding maintaining a clean environment has boosted the adoption of pre-engineered metal buildings as they do not generate any on-site waste, and steel is recyclable. In addition, they provide various advantages, such as cost-effectiveness, reduced labor and maintenance costs, and a faster design & construction process, which makes them preferable for making modular buildings.

Moreover, support for decarbonization has increased the demand for green steel, particularly from the end user market. This is consistent with the steel industry's growing shift toward environment-friendly steel production to reach net-zero emissions. With their goals to employ sustainable steel products, many end-use industries, such as automotive, office, warehouse, education, healthcare, agriculture, and lodging & restaurants, are expected to increase the demand for low-carbon steel and thus, propel the use of pre-engineered metal buildings over the forecast period.

The pre-engineered metal industry is progressive and provides numerous advantages to consumers over traditional construction. However, the market faces certain challenges, which can hinder its growth. The demand for prefabricated construction is growing for apartment buildings and hotels, where every unit can be standardized and stacked over one another. But, in cases where the modules need to be distinct and non-repetitive, pre-engineered construction loses its key advantages of cost and time to a certain extent.

The value chain of the pre-engineered building market is characterized by the presence of raw material manufacturers/suppliers, manufacturers, and contractors/erectors. The designing of PEB structures is done using software, such as StaadPro, AutoCAD, MBS, and Tekla. The design is then sent to the customer for approval, after which fabrication of the building is initiated.

The transporters of pre-engineered metal building must be careful with problems such as bridges, tight turns, traffic problems, crane setup, and any temporary road closure permits. Companies must plan module sizes in accordance with the size of the road and the capacity of the crane. Furthermore, skilled labor is required to handle trailers and cranes. Thus, the transportation of prefabricated structures from off-site to on-site is one of the challenges for the market.

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U.S. Pre-engineered Metal Building Market Report Highlights

• The demand for the product is expected to increase at the fastest rate of 9.2% in manufacturing application over the forecast period. For manufacturing plants looking to expand their operations or increase production capacity, pre-engineered metal buildings offer a flexible and scalable solution. Additional modules can be easily added to existing structures, allowing businesses to grow without significant downtime or disruption to their operations
• Major market players are continuously focusing on research and development activities to improve the quality of steel during its processing for developing high-quality pre-engineered metal buildings
• The fluctuations in steel prices are expected to be a key concern for the suppliers. However, the presence of raw material suppliers in large numbers in the U.S. is projected to ease raw material procurement. Furthermore, the availability of advanced transportation facilities in the U.S. is projected to ensure low bargaining power of suppliers in the market over the forecast period
• The U.S. pre-engineered metal building market is very competitive owing to the presence of medium- to large-scale players. Pre-engineered metal buildings are attractive alternatives to traditional wood buildings owing to their quick construction, high strength and versatility, and reduced costs. These buildings are developed offsite in specialized facilities and are primarily made by assembling components, such as walls, roofs, and staircases. Thus, pre-engineered metal buildings require additional capital investments and land availability for expansion purposes

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U.S. Pre-engineered Metal Building Market Segmentation

Grand View Research has segmented the U.S. pre-engineered metal building market on the basis of application:

U.S. Pre-engineered Metal building Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Office
• Warehouse
• Healthcare
• Education
• Recreational
• Manufacturing
• Agriculture
• Lodging & Restaurants
• Other Applications

List of Key Players of U.S. Pre-engineered Metal Building Market

• BlueScope Buildings North America
• Western Steel Buildings
• American Buildings
• PEMB-USA
• Kirby Building Systems, LLC
• Phenix Construction Technologies
• Nucor Building Systems
• Inland Building Systems
• Star Building Systems
• Schulte Building Systems, Inc.
• Cornerstone Building Brands, Inc.
• Corle Building Systems, Inc.
• SBI Metal Buildings
• Great Western Buildings

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 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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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. 

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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. 

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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.