AI In Patient Engagement Market Trends Analysis And Forecast Till 2030: Grand View Research Inc.

 AI In Patient Engagement Market Growth & Trends

The global AI in patient engagement market size is expected to reach USD 23.1 billion by 2030, registering a CAGR of 21.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the growing demand for AI-based personalized treatment plans and healthcare experiences and the emergence of digital platforms and necessity for omnichannel approach. In addition, the increasing role of artificial intelligence (AI) in enhancing pharmacy efficiency and managing supply chain complexities and business strategies by market players is also driving the market growth. For instance, in May 2024, EmpiRx Health introduced Clinically, a new AI-powered platform that incorporates established technologies. This platform enhances pharmacy claims processing and clinical evaluations and includes a unique population health engine, reinforcing EmpiRx Health's clinical-focused Pharmacy Benefit Management (PBM) approach.

Moreover, the growing prevalence of chronic diseases, such as diabetes and hypertension, necessitates continuous patient engagement & management, which AI can effectively facilitate. Furthermore, AI technologies such as machine learning and natural language processing (NLP) can significantly enhance patient engagement by providing personalized support & interventions. These technologies analyze patient data to offer tailored recommendations, reminders, & educational content, improving adherence and health outcomes. For instance, in March 2022, Uniphore entered into a strategic partnership with SpinSci Technologies, a provider of digital patient engagement solutions, to improve patient access and interaction with healthcare providers. This collaboration integrated Uniphore’s conversational AI and automation technology into SpinSci Technologies Patient Access Care solutions, which are compatible with Electronic Health Records (EHR) systems. The integration aimed to enhance efficiency for contact center agents and streamline patient self-service workflows.

The integration of AI enables healthcare organizations to deliver tailored educational content based on individual patient preferences, health literacy levels, and language proficiency, thereby improving patient engagement & adherence to treatment plans. For instance, in February 2024, Ascend, a startup platform backed by the Accolade Group, announced its intention to deliver educational and healthcare services tailored to specific requirements utilizing AI. As a result of such initiatives, the patient education functionality segment is expected to witness substantial growth, driving overall market expansion in the coming years.

In addition, the market in North America is driven by the integration of AI, enabling healthcare organizations to deliver tailored educational content based on individual patient preferences, health literacy levels, and language proficiency, thereby improving patient engagement & adherence to treatment plans. For instance, in February 2024, Ascend, a startup platform backed by the Accolade Group, announced its intention to deliver educational and healthcare services tailored to specific requirements utilizing AI. As a result of such initiatives, the patient education functionality segment is expected to witness substantial growth, driving overall market expansion in the coming years.

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AI In Patient Engagement Market Report Highlights

• On the basis of delivery mode, the cloud-based segment dominated the market and held a revenue share of 72.37% in 2023. Cloud-based solutions provide scalable resources, enabling healthcare organizations to adjust capacity according to demand fluctuations
• On the basis of functionality, enhanced communication held the largest revenue share of 25.84% in 2023. The growing integration of AI-driven solutions in the healthcare sector is driving the need for enhanced communication capabilities
• On the basis of technology, Natural Language Processing(NLP) held the largest revenue share of 88.82% in 2023. The segment growth can be attributed to several benefits offered by NLP models such as improved patient engagement and education through the provision of tailored & comprehensible health information
• On the basis of therapeutic area, chronic disease management held the largest revenue share of 64.87% in 2023. The segment growth can be attributed to the increasing prevalence of chronic conditions such as diabetes, hypertension, and heart disease
• On the basis of end use, the healthcare providers segment held the largest revenue share of 38.31% in 2023. The increasing focus on patient-centric care, coupled with the growing need for effective use of resources and a rising demand for personalized healthcare experiences, is driving healthcare providers to adopt AI for patient engagement
• North America dominated the market with a share of 43.60% in 2023. Key factors contributing to this notable share include the presence of a well-established healthcare infrastructure equipped with advanced technology, increasing awareness of the advantages of integrating AI-enabled patient engagement solutions, and a growing preference for personalized healthcare experiences & treatment plans
• The market is fragmented owing to the presence of several players. This is expected to intensify the competition in the coming years. Key companies are increasingly adopting strategies such as new product development, collaborations, and mergers & acquisitions to strengthen their market position. In June 2024, MedAdvisor Solutions announced the launch of Omnichannel Engagement for Pharmacy powered by THRiV, its AI-enabled platform. This suite enables pharmacies to enhance their digital patient engagement strategies and existing initiatives, including providing paperless options increasingly preferred by patients

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AI In Patient Engagement Market Segmentation

Grand View Research has segmented the global AI in patient engagement market based on delivery mode, functionality, technology, therapeutic area, end use, and region:

AI In Patient Engagement Delivery Mode Outlook (Revenue, USD Million, 2018 - 2030)

• Cloud-based
• On-premise

AI In Patient Engagement Functionality Outlook (Revenue, USD Million, 2018 - 2030)

• Enhanced Communication
• Patient Education
• Chatbots and Virtual Health Assistants
• Predictive Analytics
• Administrative and Streamlined Operations
• Others

AI In Patient Engagement Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Natural Language Processing (NLP)
  • Smart Assistance
  • OCR (Optical Character Recognition)
  • Auto Coding
  • Text Analytics
  • Speech Analytics
  • Classification and Categorization
• Others

AI In Patient Engagement Therapeutic Area Outlook (Revenue, USD Million, 2018 - 2030)

• Health & Wellness
• Chronic Disease Management
• Others

AI In Patient Engagement End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Healthcare Providers
• Healthcare Payers
• Others (Pharmaceutical Companies, Pharmacy)

AI In Patient Engagement 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 AI In Patient Engagement Market

• Medadvisor Solutions
• Innovaccer, Inc.
• EnlivenHealth
• EmpiRx Health, LLC.
• IBM
• Huma
• mPulse Mobile
• AllazoHealth
• P360
• Brand Engagement Network, Inc.
• Oracle
• Nuance Communications, Inc. (Microsoft)
• Health Catalyst
• Ada Health GmbH
• Aiva, Inc.
• Claritas Rx
• AiCure
• UST Global Inc
• ZS
• IQVIA 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.

Mobile Game Engine Market to Incur Meteoric Growth During 2024 to 2030: Grand View Research Inc.

 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 to Reflect a Holistic Expansion During 2024 to 2030: Grand View Research Inc.

 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 Report by Opportunity, Demand, Recent Trends, Major Driving Factors and Business Growth Strategies

 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.

Digital Printing Market is Projected to Boost $57.03 Billion by 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.

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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.

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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.

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

 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.

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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.

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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.

Saturated Polyester Resin Market to Reap Excessive Revenues By 2030

 Saturated Polyester Resin Market Growth & Trends

The global saturated polyester resin market size is anticipated to reach USD 7.91 billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising adoption of electrical vehicles (EVs) to reduce fossil fuel usage and the advent of technologies such as artificial intelligence (AI), cloud computing, edge computing and internet of things (IoT) is driving the market.

As more people and companies shift to EVs to reduce fossil fuel usage and environmental impact, the automotive industry needs high-performance materials for coatings and adhesives that offer durability, flexibility, and resistance to chemicals and weathering. Saturated polyester resins meet these needs perfectly, making them essential in the manufacturing and maintenance of EVs. Their use in protective coatings ensures the longevity and aesthetic appeal of EV components, which is crucial as the market for electric vehicles continues to expand.

Additionally, advancements in AI, cloud computing, and IoT technologies drive the production and use of sophisticated electronic devices and smart systems, which require reliable and durable materials. Saturated polyester resins are used in the coatings, adhesives, and encapsulation of electronic components, providing insulation, protection from environmental factors, and improved performance. As these technologies become more integrated into various industries, the demand for high-quality materials like saturated polyester resins continues to grow, supporting the overall market expansion.

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Saturated Polyester Resin Market Report Highlights

• Based on material, the solid saturated polyester resins segment held the largest share, accumulating 63.1% market size in 2023. This can be attributed to the growing demand for consumer goods products.
• Based on end use, the industrial paint segment is expected to grow at the fastest CAGR over the forecast period owing to the rapid industrialization of developing economies.
• Asia Pacific dominated the market due to growing industrial, automotive, and construction industry especially in Thailand, Philippines, Bangladesh, India, Indonesia, and Vietnam.
• China was the leading manufacturer of saturated polyester resin in the Asia Pacific region and captured around 47% of the revenue market share in 2023 in this region.

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Saturated Polyester Resin Market Segmentation

Grand View Research has segmented the global saturated polyester resin market based on material, end use, and region:

Saturated Polyester Resin Material Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• Liquid Saturated Polyester Resins
• Solid Saturated Polyester Resins

Saturated Polyester Resin End Use Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

• Industrial Paints
• Powder coatings
• Coil & Can Coatings
• Automotive Paints
• Flexible Packaging
• 2k PU Coatings
• Others

Saturated Polyester Resin Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)

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

List of Key Players in the Saturated Polyester Resin Market

• DSM
• Allnex GmbH
• Arkema
• IGM Resins
• Mitsubishi Chemical Group Corporation
• Polynt S.p.A
• Hexion
• Evonik Industries AG
• BASF SE
• Ashland Global Holdings Inc.
• Sika AG
• Covestro A

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.

AdTech Market Top Players ,Analysis And Forecast Till 2030: Grand View Research Inc.

 AdTech Market Growth & Trends

The global AdTech market size is anticipated to reach USD 3,359.41 billion by 2030, growing at a CAGR of 22.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Businesses are increasingly seeking data and analytics to understand their target audiences better and optimize their advertising spend. AdTech solutions provide tools for data collection, analysis, and targeting, enabling highly personalized and effective advertising campaigns. Programmatic advertising automates the buying and selling of ad space, eliminating the need for manual negotiations. This efficient process allows advertisers to reach a wider audience at optimized costs, while publishers can fill their ad inventory more effectively.

The pervasive nature of smartphones has fundamentally transformed the manner in which consumers access information and interact with brands. The AdTech industry strategically adapts to this paradigm shift by crafting mobile-optimized ad formats and targeting strategies, ensuring they can effectively reach consumers while they are engaged with their devices. Furthermore, the burgeoning consumption of video content coupled with the growing popularity of innovative channels such as digital out-of-home (DOOH) advertising necessitates the development of novel ad formats to captivate audience attention. AdTech companies are positioned at the forefront of this evolution, pioneering engaging formats such as interactive video advertisements and augmented reality experiences.

In response to regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), the AdTech industry is undergoing a necessary shift towards privacy-centric advertising practices. AdTech companies are actively developing solutions that prioritize user privacy while still delivering impactful advertising campaigns. Artificial intelligence (AI) is playing an increasingly significant role in ad targeting, personalization, and campaign optimization. By leveraging AI to analyze vast sets of data and identify user behavior patterns, AdTech companies can create more effective and targeted advertising campaigns. Connected TV (CTV) presents a unique opportunity to bridge the gap between traditional television and digital advertising. By enabling targeted advertising on smart TVs and streaming devices, CTV is poised to be a major driver of continued growth within the AdTech market.

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AdTech Market Report Highlights

• The global AdTech market is expected to grow at a CAGR of 22.4% from 2024 to 2030, driven by rising demand for data-driven marketing, a shift towards programmatic advertising, innovation in ad formats, and growth of mobile advertising.
• The services segment holds the biggest market share at 33.4% in 2023 and is expected to grow faster at a CAGR of 22.9% during the forecast period.
• The mobile advertising segment dominated the market with a share of 55.0% in 2023 and is projected to witness the fastest CAGR of over 23.2% during the forecast period.
• The retail & consumer goods segment dominated the market with a share of 27.2% in 2023 and is expected to expand at a CAGR of 22.1% during the forecast period.
• Regulations like GDPR and CCPA are impacting data-driven advertising methods. GDPR and CCPA restrict how businesses collect and use user data. This makes it harder for advertisers to gather detailed user profiles that were previously used for highly targeted advertising.
• The AdTech market in North America dominated the overall market in 2023 with a revenue share of 35.3%. Factors such as high digital ad spending, the presence of major AdTech companies, and robust data infrastructure propel the market growth.

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AdTech Market Segmentation

Grand View Research has segmented the global AdTech market based on the offering, advertising type, advertising channel, advertising format, platform, enterprise size, industry vertical, and region.

AdTech Offering Outlook (Revenue, USD Billion, 2017 - 2030)

• Solution
  • Demand-Side Platforms (DSPs)
  • Supply-Side Platforms (SSPs)
  • Ad Networks
  • Data Management Platforms (DMPs)
  • Others
• Services
  • Professional Services
    • Training & Consulting
    • Advertising Type & Integration
    • Support & Maintenance
  • Managed Services

AdTech Advertising Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Programmatic Advertising
• Non-Programmatic Advertising

AdTech Advertising Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Television Advertising
• Radio Advertising
• Digital Out-of-Home (DOOH) Advertising
• Others (Mobile/Tablet Advertising)

AdTech Market Advertising Format Outlook (Revenue, USD Billion, 2017 - 2030)

• Image
• Video
• Text
• Others

AdTech Market Platform Outlook (Revenue, USD Billion, 2017 - 2030)

• Mobile
• Web
• Others

AdTech Market Enterprise Size Outlook (Revenue, USD Billion, 2017 - 2030)

• Small and Medium Enterprise (SME)
• Large Enterprise

AdTech Market Industry Vertical Outlook (Revenue, USD Billion, 2017 - 2030)

• Retail & Consumer Goods
• BFSI
• Hospitality
• Media & Entertainment
• Transport & Logistics
• Healthcare
• IT & Telecom
• Education
• Others

AdTech Market Regional Outlook (Revenue, USD Billion, 2017 - 2030)

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

List of Key Players in the AdTech Market

• Adobe
• Alibaba Group Holding Limited
• com, Inc.
• Criteo
• Facebook Incorporation
• Google Incorporation
• Microsoft Incorporation
• SpotX
• Twitter Incorporation
• Verizon

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 Witness Excellent Revenue Growth During 2024-2030: 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.

Nitrogen Gas Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 Nitrogen Gas Market Growth & Trends

The global nitrogen gas market size is anticipated to reach USD 44.28 billion by 2030, with a healthy CAGR of 6.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is anticipated to be driven by the increased manufacturing of packaged food, medicines, pharmaceuticals, and electronics, thereby proliferating the industry growth.

The rising demand for convenience foods and the growing global food trade further amplify the product demand in food packaging. Manufacturers rely on nitrogen flushing to meet these demands as consumers seek options such as fresh food with extended shelf life. Also, the growing consumption of packaged food among the urban population and increasing demand for single-serve packs are further expected to spur industry growth.

Strict environmental regulations, such as the Clean Air Act, EPA regulations, and the Kyoto Protocol, challenge the nitrogen gas industry. These regulations are crucial for environmental protection but are likely to hinder market growth. Governments worldwide are implementing measures to reduce greenhouse emissions; thus, product manufacturers need to comply with these policies. An increasing emphasis on CSR initiatives is compelling product manufacturers to prioritize sustainability. Adopting environmentally friendly production practices and reducing carbon footprints aids in regulatory compliance and also enhances corporate brand image, potentially attracting a segment of environmentally conscious consumers.

However, the natural gas prices below depict significant price volatility that creates uncertainty for nitrogen gas producers and end users. The fluctuating input costs directly impact the cost of nitrogen production and, thus, the final pricing of the product, hindering overall market growth.

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Nitrogen Gas Market Report Highlights

• The compressed gas segment is expected to witness a robust CAGR of 6.1% over the forecast period. Compressed gas offers a cost-effective and efficient solution for high-production facilities, making cryogenic fractional distillation a widely adopted technology to produce high-purity industrial gases. This segment growth is anticipated to increase in cylinder systems associated with cryogenic fractional distillation, pressure swing adsorption, and membrane separation over the projected period.
• The electronics application segment is likely to grow at the fastest CAGR of 6.7% over the coming years. Increasing disposable income, ongoing advancements in technology, and the surging popularity of new gadgets among both younger and older populations are enhancing the growth of the electronics industry. This, in turn, aids the production of electronic devices that eventually require nitrogen to provide an oxygen-and moisture-free environment. End users prefer onsite plants to meet the growing product demand and take steps toward decarbonization.
• Asia Pacific is expected to witness the fastest CAGR of 6.8% over the forecast period. Nitrogen gas is widely used in various industries, such as electronics, pharmaceuticals, petrochemicals, and food packaging, for inerting, blanketing, and purging to prevent oxidation. The regional market is characterized by front- and back-end manufacturing. According to the Semiconductor Manufacturing Association, about 75% of the total global wafer fabrication, assembly, testing, and packaging of 7-nanometer chips is concentrated in the region. The far-reaching policies in the U.S. and European semiconductors industry have altered the Asia Pacific industry.
• The key players in the market include Air Products and Chemicals, Inc., Air Water America, Inc., Linde plc, Messer Group, and Praxair Technology, Inc. These companies dominate the global market with a substantial presence throughout the value chain.
• In September 2023, Air Water America Inc. acquired American Gas Products LLC, a producer of industrial and specialty gas in the U.S., to expand its presence in the North American market and strengthen its product portfolio.  

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

Nitrogen Gas Market Segmentation

Grand View Research has segmented the global nitrogen gas market based on form, application, and region:

Nitrogen Gas Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Compressed Gas
• Liquid Nitrogen Gas

Nitrogen Gas Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Food & Beverage
• Chemicals
• Pharmaceuticals
• Electronics
• Others

Nitrogen Gas Region Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Switzerland
  • France
  • Italy
  • Spain
  • The Netherlands
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Malaysia
  • Indonesia
  • Vietnam
  • Australia
  • New Zealand
• Central & South America
  • Brazil
  • Argentina
  • Chile
  • Colombia
• Middle East & Africa
  • Iran
  • Oman
  • UAE
  • Qatar
  • Kuwait
  • Saudi Arabia
  • South Africa
  • Angola
  • Nigeria

List of Key Players in the Nitrogen Gas Market

• Air Products and Chemicals, Inc.
• Gulfcryo
• Universal Industrial Gases, Inc.
• NEXAIR
• Southern Industrial Gas Sdn Bhd
• Praxair Technology, Inc.
• Taiyo Nippon Sanso Corporation
• Axcel Gases
• Linde Plc
• Omega Air
• Ellenbarrie Industrial Gases
• Messer Group
• Parker Hannifin
• Dubai Industrial Gas
• Yingde Gases Group

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.