Tuesday 5 March 2024

Sales Enablement Platform Market is Growing at Significant Rate, 2030: Grand View Research Inc.

 Sales Enablement Platform Market Growth & Trends

The global sales enablement platform market size is expected to reach USD 12.78 billion by 2030, expanding at a CAGR of 15.8% from 2023 to 2030, according to the new reports of Grand View Research, Inc. The rising need for automated content creation, coupled with increasing internet penetration, is driving the demand for sales enablement platforms. Sales enablement platforms offer telecommunication sales representatives with content and tools to boost internal sales. Both startup and leading tech players deploy sales enablement for lead generation as it enhances workflow and minimizes inter-department bottlenecks.

Furthermore, COVID-19 has increased the penetration of technologies such as AI, IoT, cloud, and machine learning. In addition, the adoption of connected devices for sales enablement has depicted a rise in productivity and sales for sales representatives. For example, tablets have demonstrated the potential to drive revenue by differentiating buying experiences and rectifying sales productivity issues. As per the Sales Management Association study, 70% of sales companies were utilizing tablets to increase positive ROI.

Sales enablement platforms provide sales reps with personalized content, streamlining processes to create a smooth buying experience. The training and coaching can help sales reps to achieve business objectives. The use of advanced technologies such as AI also provides sellers with metrics that can measure growth rates and drive sales. Cloud-based solutions are gaining more traction than on-premise solutions owing to the reduced costs and scalability offered by cloud platforms. Cloud-based servers utilize virtual technologies to host the company’s application off-premise.

Factors such as the absence of capital expense, frequent availability of data backup, and pay-as-you-go features make cloud solutions favorable. Several large organizations prefer cloud-based solutions as it has higher appeal to consumers and other business partners. Challenges such as changes in the delivery and distribution of a company’s product or technological issues are driving the need for sales enablement platforms for both large and small and medium enterprises. Companies may confront issues such as archaic operating systems that reduce supply capacity which can cause inventory interruptions. Software issues can cause financial costs and lead to production shortfalls.

Request a free sample copy or view report summary: Sales Enablement Platform Market Report

Sales Enablement Platform Market Report Highlights

  • The platform segment accounted for the largest market share of over 74.2% in 2022 and is anticipated to maintain its dominance over the forecast period. Several organizations across different industries such as BFSI, IT & Telecom, and Healthcare, among others are adopting the use of a sales enablement platform to increase efficiency in aspects such as training, coaching, content management, and sales communication
  • The small and medium organization segment is expected to observe the highest CAGR of 16.1% during the forecast period. The growing adoption of digital sales rooms and video format meetings in sales enablement platforms can help SMEs to improve their business reach
  • The cloud segment is anticipated to witness exceptional growth at a CAGR of 16.9% during the forecast period. Cloud enablement services provide a highly scalable platform that simplifies high-performance computation for both small and large enterprises
  • The consumer goods & retail segment is anticipated to register considerable growth at a CAGR of 18.0% over the forecast period and is expected to maintain its dominance over the forecast period. The rapidly growing retail industry globally is generating demand for sales enablement platforms
  • The North America regional market is expected to account for the largest share of over 29.7% in 2022 and is expected to retain its position over the forecast period. The high presence of key players such as Accent Technologies, Inc.; SAP; and Mediafly coupled with the rise in internet penetration, is driving the demand for sales enablement platforms in the region
  • Key market players have an extended operating history, a large customer base, and significant competitive strengths. In addition to the inorganic growth strategies, vendors emphasize improving after-sale service offerings to ensure periodic maintenance of installed products

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

Sales Enablement Platform Market Segmentation

Grand View Research has segmented the global sales enablement platform market based on component, organization size, deployment, end-use industry, and region:

Sales Enablement Platform Component Outlook (Revenue, USD Billion, 2018 - 2030)

  • Platform
  • Service

Sales Enablement Platform Organization Size Outlook (Revenue, USD Billion, 2018 - 2030)

  • Large Organization
  • Small & Medium Organization

Sales Enablement Platform Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • On-premise
  • Cloud

Sales Enablement Platform End-use Industry Outlook (Revenue, USD Billion, 2018 - 2030)

  • BFSI
  • IT & Telecom
  • Consumer Goods & Retail
  • Media & Entertainment
  • Healthcare & Lifesciences
  • Manufacturing
  • Others

Sales Enablement Platform Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Sales Enablement Platform Market

  • Accent Technologies, Inc.
  • Bigtincan Holdings Ltd.
  • Bloomfire
  • Brainshark, Inc.
  • ClearSlide
  • Highspot
  • Mediafly
  • Mindtickle Inc.
  • Pitcher AG
  • QorusDocs Ltd.
  • Qstream Inc.
  • Rallyware Inc.
  • SAP
  • Seismic

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.

Freight Transport Market Growth With Worldwide Industry Analysis To 2030: Grand View Research Inc.

 Freight Transport Market Growth & Trends

The global freight transport market size is expected to reach USD 72.97 billion by 2030, registering a CAGR of 11.3% during the forecast period, as per the new report by Grand View Research, Inc. The growth of the market is attributed to reduced shipping costs, especially for companies that engage in bulk shipments on a regular basis. Utilizing freight transport services allows businesses to focus on their core activities such as R&D, manufacturing, strategic planning, and outsourcing product fulfillment operations to freight transport providers offers the benefits of an entire logistics set-up, including warehousing, order processing equipment, and computer and software systems, without fixed overheads. In addition, the factors such as growing urbanization and communication innovations are expected to amplify the market. Freight transport allows companies to deliver goods quickly and at a minimal cost.

Further, on-time delivery has become a vital factor for the logistics industry. Thus, several innovations in effective transportation process management have evolved as a key responsibility for the freight transport industry. Transportation occupies one-third of the logistics cost, with freight transportation management hugely influencing the performance of the logistics system. Furthermore, the commercial transportation, logistics, and trucking industries have witnessed considerable technological advancements. Consumer demand for same-day shipments has increased, and rising online transactions are resulting in rapid delivery. Positive technical advances in logistics have enabled commercial transportation firms to effectively meet a record-high demand while adjusting to shifting customer preferences and expectations.

The recent economic tumult, such as the COVID-19 impact and increase in fuel prices, has critically affected the landscape of freight transportation service providers. Due to the economic decline, shippers concentrated their outsourcing requirements to a few close suppliers, resulting in several freight transport ceasing operations. However, the changing consumer preferences and customer buying behavior in the post-COVID-19 period, which is more inclined towards e-commerce, has helped the freight transport market to grow.

Furthermore, the freight transport market also impacts the environment due to its carbon emission; the freight transport service provider takes various initiatives to reduce the carbon footprint, such as switching to electric vehicles and utilizing drones for delivery. For instance, In July 2022, CJ Logistics Corporation and Kia Motors signed a Memorandum of Understanding (MOU). Under the MOU, Kia Motors would transform CJ Logistics Corporation’s existing fleet of trucks and other vehicles into electric cargo trucks, cargo vans, and passenger taxis as part of its Purpose-Built Vehicle (PBV) initiative. This initiative would help the company to achieve its goal of converting its entire automobile fleet to a zero-emission fleet. In addition, in October 2022, CEVA Logistics partnered with Decathlon sporting goods retailers for logistics. The company will use its electric vehicle fleet, including cargo vans and electric trucks, to transport the cargo in Thailand. This initiative will also help in reducing the carbon footprint.

The key players have adopted various growth strategies such as partnerships & collaborations, contracts & agreements, and mergers & acquisitions to expand their market share, broaden their product portfolio, and increase their geographic presence. For instance, in October 2022, DB Schenker Logistics announced a partnership with Trailer Dynamics and Krone Commercial Vehicle Group to procure 2000 units of e-trailers for the European region. This is a big step towards their goal of reducing their carbon emission to net zero by 2040. In August 2021, FedEx, a subsidiary of FedEx Corporation, announced the expansion of its operations in Seattle. Under the expansion, a new flight will operate between Paine Field and FedEx Express World Hub in Tenn. The expansion will improve the overall capacity of the company in the U.S.

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

Freight Transport Market Report Highlights

  • The freight transport market is gaining traction owing to the rapid growth in developing countries and the increase in the e-commerce business across the globe
  • In terms of the offering, the solution segment is anticipated to register the highest CAGR from 2022 to 2030. The segment's growth can be attributed to the increasing adoption of innovative freight transport management solutions worldwide. The solution segment comprises freight transportation cost management, freight mobility solution, freight security and monitoring system, freight information management system, etc., which helps widely in automating the logistics process. The automation of crucial procedures related to sales and customer service, capacity planning, and antiquated logistical workflows can significantly increase visibility, facilitate quick decision-making, improve profits, and boost productivity
  • In terms of mode of transport, the roadways segment accounted for a significant revenue share in 2021 and is expected to retain its dominance during the forecast period. The growth of the segment can be attributed to the rising need for road-based transportation for transporting retail goods across long distances, particularly for last-mile delivery
  • In terms of vertical, the retail & e-commerce segment dominated the market in 2021 and is expected to maintain dominance during the forecast period owing to rising e-commerce sales. Moreover, consumers’ desires to purchase goods online have been fueled by the ability to compare pricing and product availability online. This has increased the demand for e-commerce logistics services
  • Based on region, Asia Pacific is expected to emerge as the fastest-growing market, registering a significant CAGR during the forecast period. The increasing number of trans-regional trade passages and gateways is expected to create a substantial opportunity for freight transport solution providers within the region

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

Freight Transport Market Segmentation

Grand View Research has segmented the global freight transport market based on offering, mode of transport, vertical, and region.

Freight Transport Offering Outlook (Revenue, USD Million, 2017 - 2030)

  • Solution
    • Freight Transportation Cost Management
    • Freight Mobility Solution
    • Freight Security & Monitoring System
    • Freight Information Management System
    • Fleet Tracking & Maintenance Solution
    • Freight Operational Management Solutions
    • Freight 3PL Solution
    • Warehouse Management System
  • Services

Freight Transport Mode of Transport Outlook (Revenue, USD Million, 2017 - 2030)

  • Railways
  • Roadways
  • Seaways
  • Airways

Freight Transport Vertical Outlook (Revenue, USD Million, 2017 - 2030)

  • Retail & E-commerce
  • Automotive
  • Aerospace & Defense
  • Pharmaceuticals
  • Energy
  • Others

Freight Transport Regional Outlook (Revenue, USD Million, 2017 - 2030)

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

List of Key Players in the Freight Transport Market

  • H. Robinson Worldwide Inc.
  • CEVA Logistics
  • DB Schenker Logistics
  • Deutsche Post AG,
  • FedEx
  • Kuehne + Nagel International AG
  • United Parcel Service of America, Inc.
  • Schneider National, Inc.
  • DSV PANALPINA A/S
  • Kerry Logistics Network Limited
  • Nippon Express Holdings.
  • Oracle
  • SAP SE
  • CJ Logistics 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.

Monday 4 March 2024

Cell Viability Assays Market to Reflect a Holistic Expansion During 2023 to 2030: Grand View Research Inc.

 Cell Viability Assays Market Growth & Trends

The global cell viability assays market size is expected to reach USD 3.01 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.94% from 2023 to 2030. The rising prevalence of chronic and infectious diseases and the increasing focus on cell-based therapeutics are expanding the growth prospects of the market. In addition, growing funding for cell-based research and increasing use of automated instruments are the key factors driving the market for cell viability assays (CVAs).

Increasing funding and investments for cell-based research are expanding growth prospects for cell viability assays. For instance, in May 2022, the California Institute for Regenerative Medicine (CIRM) announced an investment of USD 11 million to fund a cell therapy clinical trial testing to help throat cancer patients to heal from the devastating side effects of radiation therapy. Thus, increasing funding for cell-based research is predicted to boost market growth during the projection period.

Furthermore, major players are continuously developing sophisticated technologies to meet the rising demand and capture untapped opportunities. For instance, in April 2022, Molecular Devices, LLC introduced SpectraMax Mini Multi-Mode Microplate Reader for various applications, including cell viability. It is a compact and cost-effective solution integrated with data analysis software and protocol control for rapid data generation and analysis. Such technological innovations are anticipated to increase the adoption of CVAs in biotech and academic laboratories.

The COVID-19 pandemic is expected to positively influence market growth. The cell counting and viability assay are used to aid COVID-19 vaccine research. The most frequently used CVAs in COVID-19 research include Live/Dead (EarlyTox Live/Dead Assay Kit) staining, MTT assay, Transfection efficiency, and Cell viability (CellTiter-Glo Luminescent Cell Viability Assay). As a result, the usage of these assays is projected to increase due to the COVID-19 pandemic, which, in turn, is anticipated to boost the market growth.

The rising focus on the development of cell-based therapeutics is accelerating market growth. Increasing clinical trials, FDA approvals, and strategic initiatives such as collaborations by major players are boosting the market growth. For instance, in January 2022, Bristol Myers Squibb and Century Therapeutics entered into a research collaboration to develop four induced pluripotent stem cells for hematologic malignancies and solid tumors. Such initiatives are projected to increase the application of CVAs during the development of stem cell therapeutics, thereby propelling growth during the forecast years.

On the other hand, the high cost of reagents and limitations in the applicability of cell viability assay for 3D cell culture may restrict the market growth to a certain extent. For instance, while performing the cell viability assay in 3D cell culture, the assay regents may have difficulty reaching the center of microtissues. Thus, accurate results of the assay cannot be determined. However, key players are continuously striving for developing novel and cost-effective reagents and techniques to overcome the limitations, which is likely to create growth prospects for the market.

Request a free sample copy or view the report summary: Cell Viability Assays Market Report

Cell Viability Assays Market Report Highlights

  • By product, the consumables segment held the largest share in 2022. This is attributed to the increase in the requirement of CVAs for pharmaceutical and biotechnology companies, stem cellresearch, and diagnostics, which, in turn, is likely to fuel the market growth
  • By application, the drug discovery and development segment held the second-largest share in 2022. This is attributed to an increase in the applications of CVAs to estimate the cellular variations related to cell death during the drug discovery and development
  • By end-user, the biopharmaceutical and pharmaceutical companies segment held the largest share in 2022 owing to the widespread use of cell viability assay in pharmaceuticals to evaluate the influence of developed agents on cells
  • North America dominated the global market with over 35.0% share in 2022 due to a rise in investment initiatives by the government, increasing incidence of chronic diseases such as cancer, and the presence of high-quality infrastructure for clinical and laboratory research
  • Asia Pacific is expected to grow considerably in the future owing to the rising demand for novel therapeutics, increasing R&D investment by governments, and rapid infrastructural development

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

Cell Viability Assays Market Segmentation

Grand View Research has segmented the global cell viability assays market based on product, application, end-user, and region:

Cell Viability Assays Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Consumables
    • Reagents And Assay Kits, By Type
      • Dye Exclusion Assays
      • Colorimetric Assays
      • Fluorometric Assays
      • Luminometric Assays
    • Microplates
  • Instruments
    • Spectrophotometer
    • Microscopy
    • Cell Imaging And Analysis System
    • Flow Cytometry
    • Others

Cell Viability Assays Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Drug Discovery And Development
  • Stem Cell Research
  • Diagnostics

Cell Viability Assays End-user Outlook (Revenue, USD Million, 2018 - 2030)

  • Biopharmaceutical & Pharmaceutical Companies
  • CROs & CMOs
  • Academic & Research Institutes
  • Diagnostic Labs

Cell Viability Assays Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Cell Viability Assays Market

  • Thermo Fisher Scientific, Inc.
  • Agilent Technologies, Inc.
  • Bio-Rad Laboratories, Inc.
  • Merck KGaA
  • BD
  • PerkinElmer Inc.
  • Promega Corporation
  • Biotium
  • Creative Bioarray
  • Abcam plc
  • Charles River Laboratories

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.

Popcorn Market Forecast 2030: Top Companies, Trends and Growth Factors Details for Business Development

 Popcorn Market Growth & Trends

The global popcorn market size is expected to reach USD 13.53 billion by 2030, registering a CAGR of 11.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. The growing awareness about health among consumers is propelling the industry's growth. The demand for salty snacks along with innovation in terms of flavors is boosting the growth. New product innovations are becoming more popular among consumers, particularly in the Asia Pacific and North America regions. For instance, in July 2021, a Spanish snack company launched Chupa Chups popcorn in a watermelon flavor. Popcorn is in high demand due to the wide variety of flavors available, which encourages manufacturers to focus on expanding their product line.

Moreover, sustainability has become an essential trend in this era as consumers have become more concerned about health, wellness, and environmental issues, such as the depletion of natural resources and environmental degradation. Thus, continuous innovation in terms of product quality, along with packaging design improvements drive customer traction. The ready-to-eat (RTE) popcorn industry is booming with sales growing faster than microwave popcorn due to a rise in gourmet varieties and a reputation as a healthy snack meal. The demand for RTE is expected to grow in developing, countries such as India. With over 50 popcorn flavors and varieties, 4700BC, for example, has seen a 200+ percent increase in retail and e-commerce sales in October 2021.

The COVID-19 pandemic affected the industry and caused a significant shift in consumer purchasing preferences. Demand for nutritious, convenient, and sustainably produced foods is increasing, and plant-based proteins are becoming more popular. Consumers are now demanding products that are vegan, natural, organic, clean, reef-friendly, free of GMOs, gluten, & soy, and recyclable. In July 2021, Scottie Pippen, a basketball player, launched a vegan superfood snack business, Husk. Several companies have been working on developing new product lines in both RTE/RTC (Ready-to-Cook) sectors to provide healthy & more versatile products for all-day snacking and better-for-you snacks.

In addition, there has been a considerable shift in the channels through which people shop for food and beverage products. The lockdown severely affected this aspect of the snacking industry as most of the brick-and-mortar stores were shut down for weeks. However, there was a significant rise in product sales through e-commerce channels in 2020. More people started buying their food and beverage products online due to the pandemic. Thus, the pandemic fueled product sales through online channels, and the trend is expected to boost online sales in the coming years.

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

Popcorn Market Report Highlights

  • Based on type, the RTE segment accounted for the largest revenue share in 2021. However, the microwave popcorn segment is expected to register the fastest CAGR from 2022 to 2030
  • The B2C distribution channel segment dominated the industry in 2021 and is expected to grow at a steady CAGR over the forecast period
  • The supermarkets/hypermarkets sub-segments held the largest share in the B2C segment as most consumers prefer to buy physically from stores, such as supermarkets/hypermarkets or general stores, to ensure product quality
  • The online segment, on the other hand, is expected to grow at the fastest CAGR over the forecast period. This is due to benefits, such as doorstep delivery, simple payment options, substantial savings, and a huge assortment of products on a single platform. Moreover, due to rising internet usage and client preference for shopping apps, companies are rapidly constructing e-commerce websites in potential areas
  • APAC was the dominant region in 2021 and is estimated to register the fastest CAGR during the forecast years

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

Popcorn Market Segmentation

Grand View Research has segmented the global popcorn market based on product, distribution channel, and region:

Popcorn Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Ready-To-Eat Popcorn
  • Microwave Popcorn

Popcorn Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

  • B2B
  • B2C
    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Online

Popcorn Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

List of Key Players in Popcorn Market

  • Campbell Soup Company
  • PepsiCo Inc.
  • Conagra Brands, Inc.
  • Weaver Popcorn, Inc.
  • Quinn Foods LLC
  • The Hershey Company
  • Eagle Family Foods Group LLC
  • PROPER Snacks
  • JOLLY TIME
  • Intersnack Group GmbH & Co. KG

About Grand View Research

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

Global Market For Microsurgery to Witness Tremendous Growth and Expansion by 2030

 Microsurgery Market Growth & Trends

The global microsurgery market size is expected to reach USD 3.3 billion by 2030, registering a CAGR of 5.5% during the forecast period, according to a new report by Grand View Research, Inc. The industry growth is driven by the increasing aging population and surging incidence of lifestyle diseases. Improving levels of healthcare access in emerging markets are anticipated to fuel industry growth. Several developing economies, such as India and Australia, have had a vast private-public and urban-rural divide in healthcare delivery for several years. In the past 3-5 years, this gap has been minimized with an increase in private and public investments in hospital infrastructure.

The development of corporate hospitals in under-developed economies and advancements in small multi-specialty and private single-specialty hospitals have changed the dynamics of access to care. Hence, increasing investments in healthcare infrastructure will subsequently boost the demand for microsurgery equipment in various healthcare facilities. Developed nations commonly have established healthcare systems providing services to larger proportions of their population and, in some circumstances, offer complete healthcare to their total population. However, in emerging countries, such as India, government schemes offer limited coverage.

This results in higher out-of-pocket expenses to attain healthcare requirements. Thus, a noteworthy proportion of healthcare spending in developed countries is driven by government spending, which will ultimately boost industry growth. The COVID-19 pandemic negatively impacted the industry in 2020 for microsurgery by directly affecting production & demand, creating a disruption in the supply chain, and increasing the financial burden on firms. To minimize the spread of COVID-19, elective surgeries were commonly postponed or even canceled in this timeframe. Such activities have caused disruptions to the supply chain, facilities, and operations impeding the supply chain of microsurgery equipment.

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Microsurgery Market Report Highlights

  • The operating microscopes segment held the largest share in 2022 as they provide increased & improved safety and precision during surgical procedures
  • The plastic and reconstructive surgeries segment held a significant share in 2022 owing to the high popularity and demand for such surgeries across the globe
  • The transplantation segment held a momentous revenue share in 2022 owing to the high number of kidney and heart transplants
  • The hospitals & clinics segment is anticipated to hold the highest share by 2030 due to the increasing usage of microsurgery instruments for several surgical procedures
  • North America was the leading region in 2022 owing to the presence of advanced healthcare infrastructure and key microsurgery equipment manufacturers
  • Asia Pacific is anticipated to grow at the fastest CAGR during the forecast period due to the high prevalence of chronic diseases and the rising geriatric population

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

Microsurgery Market Segmentation

Grand View Research has segmented the global microsurgery market on the basis of equipment, procedure, application, end-use, and region:

Microsurgery Equipment Outlook (Revenue, USD Million, 2018 - 2030)

  • Operating Microscopes
  • Micro Sutures
  • Micro Forceps
  • Microsurgery Needle Holder
  • Others

Microsurgery Procedure Outlook (Revenue, USD Million, 2018 - 2030)

  • Transplantation
  • Suture & Grafting
  • Free Tissue Transfer
  • Others

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

  • Orthopedic
  • Neurology
  • Gynecological & Urological Microsurgery
  • Ophthalmic
  • Plastic & Reconstructive
  • Oncology
  • Others

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

  • Hospitals & Clinics
  • Ambulatory Surgical Centers
  • Academics and Research Institutes
  • Others

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

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

List of Key Players of the Microsurgery Market

  • HAAG-STREIT GROUP
  • Olympus Corp.
  • Leica Microsystems
  • Braun Melsungen Inc.
  • Accurate Surgical & Scientific Instruments Corp.
  • Surtex Instruments Ltd.
  • Scanlan International
  • Carl Zeiss AG
  • KLS Martin Group
  • Topcon Corp.
  • Integra LifeSciences

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.

Data Center Automation Market is Projected to Boost $20.9 Billion by 2030: Grand View Research Inc.

 Data Center Automation Market Growth & Trends

The global data center automation market size is anticipated to reach USD 20.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 13.5% from 2022 to 2030. The expansion of social networking, cloud computing, mobile computing, and analytics is anticipated to have a positive effect on the need for data center automation. In addition, the fast adoption of cloud computing big data, gaming, and other social networks is generating a massive quantity of data that necessitates the automation of business processes. Therefore, the growing usage of internet-based applications is anticipated to provide sufficient prospects for market participants.

An increase in cloud-native server users and enterprise spending on cloud services are some of the key drivers that are expected to propel the industry forward in the coming years. The culture of manufacturing data centers, along with the innovation has fostered and prompted a number of companies to try out new approaches to business that include expansion, diversification, and introduction of new products & services. In January 2021, Cisco and Arcadia Communications announced an amended merger agreement.  Cisco is committed to supporting Acacia's existing clients as well as future customers demanding leading coherent optics, optical integrated circuit modules/ digital signal processing for use in data centers.

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

Data Center Automation Market Report Highlights

  • By component, the solution segment accounted for the major revenue share of 58.7% in 2021. Due to the demand for server automation systems in data centers, which allow businesses and individuals to deploy, configure, patch, and maintain physical, virtual, and cloud servers rapidly and securely
  • By solution, the server segment accounted for the major revenue share of 51.6% in 2021, owing to the rise in demand for efficient servers leading to adequate network and storage facilities. The network segment is expected to grow at a CAGR of 12.7% owing to the rapid provisioning of new resources, scalability, enhanced security, and traffic and monitoring analysis of data center networking
  • In terms of deployment, the cloud segment accounted for the major revenue share of 51.2% in 2021 owing to the growth in enterprise adoption of high-end cloud computing in developing economies
  • In terms of enterprise, the large enterprise segment accounted for the major revenue share of 69.5% in 2021, owing to the increasing integration of complex business technologies such as data analytics and big data, their requirement for storing massive volumes of daily data is also increasing
  • By end-use, the IT & telecommunication segment accounted for a significant revenue share of 23.6% in 2021. As IT becomes a more basic component of the telecom business, it has become a significant resource for managing the ever-increasing demand for advanced IT with the need to maintain adequate IT expenditures.
  • North America held the highest market share of 47.8% in 2021. The presence of various leading market players in the region as well as the demand for Big Data analytics and cloud computing are contributing to the market growth

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

Data Center Automation Market Segmentation

Grand View Research has segmented the data center automation market based on the component, solution, deployment, enterprise, end-use, and region:

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

  • Solution
  • Services

Data Center Automation Solution Outlook (Revenue, USD Million, 2017 - 2030)

  • Storage
  • Server
  • Network

Data Center Automation Deployment Outlook (Revenue, USD Million, 2017 - 2030)

  • On-premise
  • Cloud

Data Center Automation Enterprise Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Size Enterprises
  • Small and Medium Sized Enterprises (SMEs)

Data Center Automation End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Manufacturing
  • BFSI
  • Healthcare
  • Retail
  • IT & telecommunication
  • Others

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

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
  • Middle East & Africa

List of Key Players in the Data Center Automation Market

  • Cisco Systems, Inc.
  • ABB
  • Oracle
  • VMWare
  • Hewlett Packard Enterprise Development LP
  • BMC Software, Inc.
  • Microsoft
  • Citrix Systems, Inc.
  • ServiceNow
  • FUJITSU

About Grand View Research

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

Friday 1 March 2024

Wheat Protein Market Industry Analysis , Opportunity Assessment And Forecast Till 2030: Grand View Research Inc.

 Wheat Protein Market Growth & Trends

The global wheat protein market size is expected to reach USD 9.28 billion by 2030, expanding at a CAGR of 4.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing consumer preference for meat-free diets globally, and increasing product applications in various end-use industries, are the major factors driving the market growth. Furthermore, increasing cases of lactose intolerance have increased the demand for whey protein.

The demand for food products that promote better health, particularly those that are low in fat and cholesterol, high in protein, and useful for weight management, has increased owing to rising consumers' health awareness. The number of food products that contain plant-based protein has consequently increased significantly over the past few years. Furthermore, the increasing popularity of trends such as all-natural and clean-label products is anticipated to boost demand for wheat protein.

Wheat protein is widely used in the food and beverage industry, mainly in nutritional supplements, sports foods, dairy products, confectioneries, and baked goods, among other applications. Two insoluble protein groups that can be found in wheat protein are glutenin and gliadin. It is used in the manufacturing of noodles and bread as wheat protein permits a high level of dough strength by creating an elastic texture. The use of these products in the food and cosmetic industries is expected to increase due to changing consumer perceptions of wheat proteins and FDA approval for use in food products during the estimated period.

The small intestine is damaged by gluten intolerance or celiac disease, an autoimmune condition that prevents the body from absorbing nutrients from food. This harm is primarily a response to eating foods containing gluten, a form of wheat protein also found in barley, oats, and rye. However, some people may still feel uncomfortable in their stomachs even though they do not suffer from Celiac disease. This factor might limit market expansion in the coming years.

Europe is anticipated to grow at a substantial CAGR from 2022 to 2030 due to an increase in the consumption of healthy food products. France is experiencing stable growth on account of hectic work and changing lifestyles leading to increased consumption of functional food & beverages in the country. The regional growth can also be attributed to the rising demand for high-quality French bakery items. Baked product manufacturers in the region prefer wheat protein as an alternative to animal and dairy proteins while developing new products which will fuel product demand.

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Wheat Protein Market Report Highlights

  • Wheat gluten accounted for a share of over 45% of the global revenues in 2023. Wheat gluten has a wide range of functionalities, including texturing, viscoelasticity, foaming, binding, and emulsification which leads to its widespread use in bakery products.
  • The dry wheat protein market is experiencing growth driven by several factors. A rising awareness of plant-based diets and a demand for alternative protein sources contribute to the increased popularity of dry wheat protein.
  • Wheat protein is made up of protein ingredients extracted from wheat using various methods. The global wheat protein market is segmented into three concentrations: 75% protein, 80% protein, and 95% protein.
  • Bakery and confectionery accounted for a share of around 40% of the global revenues in 2023. The demand for wheat protein in bakery applications is being driven by factors like increased moisture content, improved water absorption, and softness of the finished product.
  • North America held a share of over 33% of the global market in 2023. This region's market share can be attributed to several factors, including growing consumer awareness of the health benefits of wheat protein, and the well-established food processing industry.

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

Wheat Protein Market Segmentation

Grand View Research has segmented the global wheat protein market report on the basis of product, application, concentration, form, and region:

Wheat Protein Product Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

  • Wheat Gluten
  • Wheat Protein Isolate
  • Textured Wheat Protein
  • Hydrolyzed Wheat Protein
  • Others

Wheat Protein Concentration Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

  • 75% concentration
  • 80% concentration
  • 95% concentration

Wheat Protein Form Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

  • Dry
  • Liquid

Wheat Protein Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

  • Bakery & Confectionery
  • Animal Feed
  • Dairy
  • Personal Care
  • Sports & Nutrition

Wheat Protein Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Russia
    • Ukraine
    • Poland
    • France
    • Benelux
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Turkey
    • Egypt

List of Key Players of Wheat Protein Market

  • Archer Daniels Midland Company (ADM)
  • Agridient
  • MGP Ingredients
  • AB Amilina
  • Cargill Inc
  • Manildra Group
  • Crespel & Deiters GmbH and Co. KG
  • Kroener Staerke
  • Crop Energies AG
  • Roquette

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.

Unified Communication As A Service Market Poised to Expand at a Robust Pace Over 2030: Grand View Research Inc.

 Unified Communication As A Service Market Growth & Trends

The global unified communication as a service market size is expected to reach USD 262.37 billion by 2030, registering a CAGR of 20.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth can be attributed to the increased demand for cloud-based collaboration tools with multiple communication features and cross-functioning across enterprises. The increasing adoption of remote working models, especially amid the pandemic, has significantly contributed to the market growth.

In August 2023, RingCentral Inc. launched RingCX, a built-in, intelligent contact center, and readily deployable solution that seamlessly integrates RingCentral's core unified communications features (encompassing messaging, video, phone, SMS, and fax) with contact center functionalities, along with the power of generative AI.

The market is witnessing significant growth on account of the ongoing technological developments introduced by the market players. Artificial intelligence (AI) is being increasingly used for automating routine communication processes. There are several use cases of AI in the market, such as speech-to-text, real-time translation, real-time transcription, smart framing for video, etc. These are some of the high-utility applications that are not supported by the conventional systems of unified communications.

The solution providers are now adopting AI and Augmented Reality (AR) to support teams working remotely, thereby reducing the dependence on in-office teams. This trend facilitates the development of the latest features comprising voice intelligence, post-call summaries, and live call sentiment analysis. Another crucial technological development favoring the market growth is the expansion of 5G infrastructure, as it offers several benefits to the users that improve their communication and collaboration experience. It supports Ultra-High-Definition (UHD) video and voice calls, allows users to access their cloud services from anywhere with optimum performance, and facilitates the development and integration of new functionalities, such as AI, AR, VR, and IoT, in the systems.

As organizations are dispersed across different geographies, they require robust collaboration tools to increase their productivity. In this regard, the systems are expected to emerge as an effective tool as they offer scalability, allowing companies to quickly add new features and integrate them with the existing enterprise applications. Besides, the solutions now come with analytics tools that provide insights into call durations, communication patterns, response times, etc. The advent of such new features and integration with advanced technologies is expected to accelerate digital transformation strategies in organizations, creating remunerative opportunities for the market.

Several market players are focusing on introducing solutions integrated with AI to cater to consumer demands effectively. For instance, in August 2023, Google LLC launched Duet AI assistant across its Workspace apps, comprising Gmail, Slides, Drive, Docs, etc. This new AI tool comes with various innovative features. It can turn Google Docs outline into Slides or create a chart using the data in a spreadsheet. Duet can also serve as a creative tool by allowing users to write an email response, check grammar, and generate images. It also provides AI-based lighting and sound tweaks, as well as automated meeting summaries.

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Unified Communication As A Service Market Report Highlights

  • Based on deployment, the public cloud segment accounted for the highest market share in 2022. The growth can be attributed to the rise in the IoT, edge computing, growing use of real-time analytics, rise in consumption of big data, and increasing digital transformation among end-use industries such as BFSI, IT & telecom, and manufacturing, among others
  • Based on industry vertical, the healthcare segment accounted for the largest market share in 2022. Leveraging UCaaS technologies such as messaging, video conferencing, and cloud-based telephony can access critical healthcare data in real time. Governments of several regions are testing telemedicine to provide affordable remote patient care, providing opportunities for UCaaS providers
  • UCaaS solutions integrate with top third-party healthcare applications, allowing for compliant data sharing. This allows providers to securely share and update Electronic Health Records (EHRs) from anywhere
  • The integration of various communication channels, such as voice, video, and messaging, into a single platform to improve productivity and streamline communication across businesses has created ample growth opportunities for unified communication as a service industry

Access Press Release@ https://www.grandviewresearch.com/press-release/global-unified-communications-as-a-service-market

Unified Communication As A Service Market Segmentation

Grand View Research has segmented the global unified communication as a service market based on deployment, industry vertical, and region:

Unified Communication As A Service Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • Public Cloud
  • Private Cloud

Unified Communication As A Service Industry Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

  • Automotive
  • Education
  • Healthcare
  • BFSI
  • Hospitality
  • Real Estate
  • Legal
  • IT & Telecom
  • Others

Unified Communication As A Service Regional Outlook (Revenue, USD Billion, 2018 - 2030)

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

List of Key Players in the Unified Communication As A Service Market

  • 8x8 Inc.
  • ALE International
  • Avaya LLC
  • Cisco Systems Inc.
  • Fuze Inc.
  • IBM Corporation
  • Mitel Network Corporation
  • NEC Corporation
  • RingCentral Inc.
  • Verion

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.

Over-The-Counter Hearing Aids Market to Reflect Impressive Expansion During 2023 to 2030: Grand View Research Inc.

 Over-The-Counter Hearing Aids Market Growth & Trends

The global over-the-counter hearing aids market size is expected to reach USD 1.74 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.60% over the forecast period. The key factors driving the market growth include the rise in the prevalence of auditory impairment, technological advancements, and the launch of new products.

Favorable government initiatives undertaken by governments to increase awareness about the devices is expected to further drive the demand for the devices during the forecast period. In October 2021, FDA passed an order wherein the FDA approved a new class of over-the-counter (OTC) hearing aids for patients suffering from mild to moderate impairment. Under this law, consumers will be able to buy these devices from stores or online retailers without the need for prescriptions. The law is also expected to reduce the prices of the devices. The FDA has established regulations and guidelines for the manufacturers wherein the manufacturers need to ensure the devices are safe and effective for people with the condition.

The increase in the prevalence of hearing loss is one of the major factors driving the demand in Europe. The WHO predicted that 196 million people in WHO European region have some degree of hearing loss, with 57.3 million, or 6.2% of the population, having moderate or higher-grade hearing loss. In Europe, 236 million people are expected to suffer from hearing loss by 2050. According to the EuroTrak Surveys conducted in multiple European nations, 35% of those who have hearing loss wear hearing aids. The usage and adoption of audiology devices are directly proportional to an increase in age & severity. However, 65% of Europeans with auditory impairments do not wear them.

Moreover, partnerships and other initiatives undertaken by the key players are expected to drive the market's growth during the forecast period. Several players in the market entered the new segment of the devices by launching innovative products. For instance, in October 2022, Lucid Hearing launched a range of behind-the-ear OTC hearing aids available in various styles, fits, and battery options while catering to a range of budgets.

Request a free sample copy or view report summary: Over-the-Counter (OTC) Hearing Aids Market Report

Over-The-Counter Hearing Aids Market Report Highlights

  • Based on product type, the canal hearing aids segment held the largest market share in 2022. Enhanced performance, new product approvals, and advantages, such as compact design, are factors driving the market
  • Based on technology, the digital segment dominated the market in 2022 and is expected to remain dominating throughout the forecast period. High R&D investment, higher efficiency in sound amplification in difficult conditions, and availability of multiple program settings which improve the performance of the device are driving the segment growth
  • Based on distribution channels, the retail stores segment dominated the in 2022. This can be attributed to higher profit margins in retail stores and increase in availability in retail stores
  • North America dominated the market in 2022. Government initiatives to increase awareness about hearing disorders and higher disposable income of the population are some of the factors driving the growth of the market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-over-the-counter-hearing-aids-market

Over-The-Counter Hearing Aids Market Segmentation

Grand View Research has segmented the global over-the-counter hearing aids market based on product, technology, distribution channel, and region:

OTC Hearing Aids Product Outlook (Revenue, USD Million, 2018 - 2030)

  • In-the-Ear Hearing Aids
  • Receiver-in-the-Ear Hearing Aids
  • Behind-the-Ear Hearing Aids
  • Canal Hearing Aids

OTC Hearing Aids Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Digital Hearing Aids
  • Analog Hearing Aids

OTC Hearing Aids Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Retail Stores
  • Online
  • Audiology Offices

OTC Hearing Aids Regional Outlook (Revenue, USD Million, 2018 - 2030)

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

List of Key Players in Over-The-Counter (OTC) Hearing Aids Market

  • Eargo Inc.
  • Jabra
  • MDHearing
  • Audicus
  • Sony Corporation
  • Start Hearing
  • Lexie (hearX IP (Pty) Ltd.)

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.

Automotive Wrap Films Market to Undertake Strapping Growth By 2030

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