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Antibodies Market Insights By Type, Industry, Application & End-User | FMI

According to Future Market Analysis, a leading market research and competitive intelligence provider, the antibodies market will grow at a 21x pace in upcoming decades, surpassing US$ 601.614 Billion by the end of 2031.

As per FMI studies, the leading players in the antibodies market include F. Hoffmann-La Roche Ltd., AbbVie Inc., Johnson & Johnson Services, Inc., Amgen Inc., and Bristol-Myers Squibb Company. These key players together account for 3 out of 4 sales of antibodies across the globe.

According to the reports of the National Stem Foundation (NSCF), about 4% of the global population is affected by some sort of autoimmune disease. The most common autoimmune diseases are diabetes, multiple sclerosis, Crohn’s disease, and rheumatoid arthritis. Due to these chronic diseases, the demand for antibodies market is estimated through the roof.

Key Insights

Antibodies are essential for treating medical conditions including autoimmune diseases, cancer, and several types of neurological diseases. Immunoglobulin (IG) is a type of antibody that is used for the prevention of lower respiratory tract infections and diseases caused by the vaccinia virus. Rising cases of viral infection will drive the demand for antibodies.

The prevalence of autoimmune diseases is on the rise, and they also have the potential to act as a host for multiple chronic ailments. Owing to these factors, the demand for antibodies is forecast to increase in upcoming years.

The COVID-19 pandemic boosted the demand for antibodies as patients suffering from COVID-19 were highly susceptible to contracting various other ailments and, in some cases, triggered autoimmune diseases in the patient.

Novel biosimilar antibody manufacturers are slashing their prices to compete with branded antibody manufacturers, especially in the European market. With the expiration of patents of renowned products, a boost in demand for biosimilar antibodies can be expected in upcoming years.

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A reasonable hike in research and development activities among healthcare and pharmaceutical market leaders are working towards developing effective and economical antibodies and biosimilar antibodies, propelling growth in the market.

Parkinson’s and Sclerosis diseases are on the rise among older people which is a key factor fueling the demand for antibodies. There is an urgency to develop cheap and personalized medicines, novel and effective treatments, and advanced therapeutics in middle-income countries which is expected to positively influence the sales of antibodies.

The widespread application of antibodies in chronic disease treatment is accelerating which is predicted to create scope for market expansion in the near future.

Competitive Landscape

Novartis AG, F. Hoffmann-La Roche AG, Johnson & Johnson, Takeda Pharmaceutical Company Limited, Amgen Inc., Biogen Inc., Bristol-Myers Squibb Company, AbbVie Inc., Sanofi SA, Eli Lilly, and Co. are some of the key companies profiled in the full version of the report.

Future Market Insights (FMI) has found that market players are working towards developing new antibodies to treat cancer and other diseases. They are also researching to create long-acting antibody drugs to reduce healthcare costs.

In order to gain a competitive edge in the antibodies market, key players are developing oral and noninvasive treatments using antibodies to treat chronic ailments. Strategic mergers and acquisitions for portfolio expansion are in the cards as well.

More Insights into Antibodies Market

The United States is considered the dominant market in the North American region owing to modern healthcare infrastructural facilities and the presence of leading market players in the country. An increase in government funding and elevated purchasing power is expected to drive growth in the market.

The GCC countries led by Saudi Arabia are increasingly focusing on research and development on early diagnosis and screening of cancer to elevate the survival rate and chance of successful treatment. The contribution of antibodies is significant in this research. Hence, propelling growth in the market.

The development and production of antibodies are on a rise in China and are expected to surge significantly owing to increasing government investment in drugs and development coupled with growing awareness about various medical ailments like rheumatoid arthritis, cancer, and infections.

The Indian antibodies market is anticipated to grow at a rapid pace owing to rising cases of cancer and cardiovascular diseases along with the development of the healthcare system in the country. According to the reports of the Global Cancer Observatory, 1.322 million new cancer cases were registered in India in 2020, while 2.72 million people had cancer for 5 years. A surge in cancer patients will drive the demand for monoclonal antibodies for cancer treatment.

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Key Segments Covered in Antibodies Market Study

By Disease Indication

Cardiovascular diseases
CNS disorders
Cancer
Autoimmune Disorders

By Product Type

Monoclonal antibodies
Polyclonal antibodies
Antibody-drug complexes (ADCs)

By End User

Hospitals
Long-term Care Facilities
Research institutes

By Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan
Japan
Middle East and Africa (MEA)

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Digital Breast Tomosynthesis (DBT) Equipment Market to Display Impressive Growth of 14.1% with Rising Demand

The global digital breast tomosynthesis equipment market Size is expected to reach 1,007.6 Mn in 2016, witnessing a year-over-year growth of 13.7%. Digital breast tomosynthesis (DBT) or 3-D mammography new installations (includes new equipment and 3-D upgradation) expected to reach 4,547 units in 2016, up from 4,061 units in 2015. In terms of revenue.

The global digital breast tomosynthesis equipment market was valued at US$ 886.6 Mn in 2015, and is projected to expand at a CAGR of 13.9% over forecast period 2016–2026. Increasing adoption of 3D mammography due to superior features over 2D mammography and favourable regulatory backing are factors fuelling market growth across the globe. The digital breast tomosynthesis equipment market would be driven by both new equipment purchases and upgradation of existing digital mammography machines.

Limitations concerning the flat nature of images achieved through a 2-D full-field digital mammography (FFDM) is influencing end-users to adopt DBT equipment for diagnosis of breast cancers. Digital breast tomosynthesis enables radiologists to analyse abnormalities lucidly, helping improve detection rates while reducing callbacks. In the backdrop of these factors, demand for digital breast tomosynthesis equipment is witnessing an uptick, and the trend is expected to gain further momentum in the future.

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Sales of DBTs have remained quite robust in the US in the recent past, making North America the most lucrative market globally. The market in the region is largely dominated by Hologic, Inc. although GE and Siemens Healthineers have also registered their presence by launching innovative DBT products at competitive prices. Total DBT equipment revenues in North America were pegged at 472.8 Mn in 2015, with the U.S. accounting for bulk of revenue share. New equipment installation base in North America is expected to reach 2,327 in 2016, up from 2,066 in 2015.

In addition to North America, digital breast tomosynthesis sales are also growing steadily in Western Europe and APEJ. Revenues in Western Europe are anticipated to grow by 13.4% in 2016, whereas APEJ is expected to increase at 12.2%.

By end-users, hospitals account for higher demand for DBTs vis-à-vis diagnostic centres. Many hospitals are in the process of upgrading their existing mammography machines, owing to which demand for DBT equipment is growing at a steady rate. However, high costs, coupled with lack of awareness can impede adoption rates in both hospitals and diagnostic centres, and slow down the growth of the market globally. Installations of DBTs in hospitals totalled 3,020 in 2015, representing a market value worth 542.8 Mn.

Key players in the global digital breast tomosynthesis equipment market include Hologic Inc., GE Healthcare, Siemens Healthineers, Internazionale Medico Scientifica, Fujifilm, and Planmed Oy. The top 3 players – Hologic, Inc., GE Healthcare, and Siemens Healthineers collectively account for nearly 90% revenue share of the market.

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Long-term Outlook: In terms of revenues, the global tomosynthesis equipment market is expected to increase at 13.9% CAGR during the forecast period 2016-2026. Total installations of DBT equipment are anticipated to reach 17,700 units.

Key Segments Covered

By Product type

DBT Equipment

3-D Upgradation

By End User

Hospital

Diagnostic centres

Key Regions Covered

North America

Latin America

Western Europe

Eastern Europe

APEJ

Japan

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Get Business Insights on the Silent Scan Technology Market for 2026

The global silent scan technology market size volume, by the hospital segment is forecasted to grow at a CAGR of close to 5% for a period of 2016 through 2026. The Silent scan technology has been in the news lately, owing to its steady adoption among end-users looking for noise-free MRI scanning procedures. As per Future Market Insight’s analysis, Silent Scan Technology has an installation base in the range of 1% to 3% of the total global MRI machines. The company forecasts the market to grow at an attractive CAGR during the 10 year forecast period of 2016 through 202

Adoption of silent scan technology continues to face major challenges, with high cost and a general lack of awareness being the key restraints, according to a new survey by Future Market Insights (FMI). The survey was conducted among respondents from 300 global healthcare facilities, spanning sectors in North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ), and Japan. Majority of the respondents in the survey were from the U.S., Canada, Germany, the U.K., the Netherlands, Belgium, Australia, Saudi Arabia and the U.A.E.

FMI’s survey found that adoption varied widely based on the type of healthcare setting. While hospitals are the leading end-users, respondents in private hospitals are more receptive towards the adoption of silent scan technology. Satisfaction with the overall effectiveness of silent scan MRIs is exceedingly high and there’s a sense of understanding that silent scan MRIs do what they promise—quiet, noise-free MRI scans. “Silent scan MRIs received a higher rating than their noisy counterparts from respondents, and this represents an underlying sentiment that the technology per se isn’t the root cause for slow adoption,” added Vrishali.

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According to FMI’s market forecast report, silent scan installation base is anticipated to reach 1,815 units in 2016, up from 1,015 units in 2015. Silent scanners constituted 1% of total MRI machine installations in 2015, and owing to their positive reception among end-users, their adoption is expected to witness a steady increase during the forecast period.

Hospitals are the leading end-use segment in the global silent scan technology market, and are expected to account for nearly 50% volume share of the market in 2016. Regionally, North America and Asia Pacific excluding Japan (APEJ) are the two largest markets, accounting for over 50% share of the global market in terms of volume. The market in these two regions is dominated by the U.S. and China respectively.

FMI’s report forecasts the global silent scan technology market to increase at a steady compound annual growth rate (CAGR) of 5.4% through 2026.

Although 44% of responding healthcare facilities currently own an MRI machine with silent- or soft-scan technology, a majority of them were averse to installing one in the future. In addition to high cost of silent scan MRIs and lack of awareness, respondents cited absence of distribution facility and insufficiency of technology as other key factors for not having an MRI machine with silent scan technology.

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Key Regions/Countries Covered

End User:

Hospitals
- Public Hospitals
- Private Hospitals
Diagnostic Imaging Centres
Ambulatory Surgical Centres

Key Regions/Countries Covered:

North America
- U.S.
- Canada
Latin America
- Brazil
- Rest of Latin America
Western Europe
- U.K.
- France
- Germany
- Spain
- Italy
- Rest of Western Europe
Eastern Europe
- Russia
- Rest of Eastern Europe
Asia Pacific Excluding Japan (APEJ)
- China
- India
- Australia & New Zealand
- Rest Of APEJ
Japan
Middle East & Africa
- GCC countries
- South Africa
- Rest of MEA

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Wearable Medical Devices Market Share, Size, Trends – 2032 | FMI

The global wearable medical devices market size is expected to reach a market valuation of US$ 27.29 Billion by 2022, accelerating with a moderate CAGR of 28.1% by 2022-2032. The wearable medical devices market is anticipated to be valued at about US$ 324.65 Billion by 2032.

A patient’s most likely diagnosis and treatments can be identified using 5G and AI. AI can also help healthcare providers predict which patients are anticipated to have complications after surgery to perform preventative actions. Learning in real-time with large amounts of data typically necessitates networks with high availability and high throughput.

With the advent of 5G networks, healthcare providers can use AI applications to provide immediate, high-quality care to patients worldwide. Therefore, cutting-edge advancements such as artificial intelligence and fifth-generation wireless networks are expected to impact wearable medical devices significantly.

The wearable medical devices market is expanding. Individuals that typically purchase such items are those who are open to new experiences and ideas. The increasing number of early adopters and innovators in both developed and developing nations is anticipated to boost sales of wearable medical devices. The increasing demand for novel health monitoring techniques among athletes and fitness buffs is anticipated to propel the worldwide wearable medical devices market. An appreciable fraction of persons in the US and Canada are early adopters. So, the demand for wearable medical devices in North America is anticipated to expand at a higher rate.

Therapeutics, monitoring and diagnostics, foetal and obstetric monitoring, cardiovascular monitoring, and glucose monitoring are just a few of the many uses for wearable medical devices. In this category, therapeutic medical gadgets patients can wear are expected to dominate.

The FMI analysis predicts that by 2025, the market share of therapeutic medical devices that can be worn would exceed 50%. Among the many lifestyle-related conditions, lung problems, diabetes, and hearing loss contribute to this. During the evaluation phase, we don’t expect this tendency to reverse.

Improvements in both design and technology have boosted sales of wearable medical devices in recent years. However, adoption rates in the business continue to be challenged by several variables. The initial investment and ongoing upkeep of wearable technology might be costly for many people. Among other components, failure in sensors, batteries, and chips often necessitates frequent maintenance and repair, which slows consumer acceptance.

Additionally, several nations do not supply enough medical wearable reimbursement options for their citizens. Because of this, sales of wearable medical devices are expected to stagnate in developed and developing nations.

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Key Takeaways

The wearable medical devices market is anticipated to reach a valuation of US$ 324.65 Billion by 2032.
North America contributed for 38.1% of global revenue in 2020 because to rising rates of cardiovascular disease, diabetes, and cancer.
Market growth is anticipated as a result of the increased use of wearable devices for health management during COVID-19.
Rising prevalence of target diseases due to an ageing population and the need to minimise healthcare spending are driving the wearable medical device market.

Competitive Landscape

Although the wearable medical devices market is somewhat concentrated, a handful of industry giants control most sales. These businesses invest heavily in research and development of new items, followed by careful timing in releasing such products to the market.

Companies that now dominate the wearable medical devices market are focusing on diversifying their growth strategies, such as forging strategic partnerships, merging with other businesses, and expanding their product lines.

Recent Developments

In April 2021, Alvalux Medical, a Belgian MedTech wearables manufacturer, announced that it had been granted a second patent by the United States Patent and Trademark Office for its new ocular insert device, which is intended to allow patients to treat retinal disorders at home through photo-biomodulation (PBM) therapy.
As an additional comfort measure, 3M has announced the creation of a novel silicone adhesive material with conformable and breathable properties that is expected to be used in wearable medical devices with the goal of reducing the amount of skin that must be removed.
In March of 2021, EOFlow, a provider of wearable drug delivery solutions, announced the release of a new smartphone application designed to be used in tandem with wearable insulin delivery devices.

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Wearable Medical Devices Market By Segmentation

By Product:

Wearable Monitoring and Diagnostic Devices
Fetal and Obstetric Devices
- Wearable Fetal Monitors
- Infant Motion Sensing Monitors
Continuous Glucose Monitoring Devices
Cardiac Monitoring Devices
- Wearable Heart Rate Monitors
- Wearable Pulse Oximeters
- Wearable Blood Pressure Monitors
Wearable Therapeutic Medical Device
Hearing Aid
Insulin Pump
Respiratory Therapy Devices
- Sleep Apnea Devices
- Non-invasive Ventilation
Health and Fitness Devices

By Application:

Patient Monitoring
Home Healthcare
Health and Fitness

By Distribution Channel:

Hospital Pharmacies
Clinics
Online Channels
Hypermarkets

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

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Virtual Mobile Infrastructure Market is Expected to Reach a Valuation of US$ 316.6 Mn, With CAGR of 8.1% during Forecast 2022 to 2032 | Report by FMI

The Virtual Mobile Infrastructure Market revenues were estimated at US$ 134 Mn in 2021 and is anticipated to grow at a CAGR of 8.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 316.6 Mn.

Some of the factors driving the growth of the global Virtual Mobile Infrastructure Market include improved information security, cheaper hardware and running costs, and simplified services of the flexible work environment through a single control center.

Virtual Mobile Infrastructure is a method of storing the working configuration of a portable device in the cloud. When virtualized infrastructure is installed, the application begins to run on a virtual machine in the central server.

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Over the forecast period, the market for mobile virtual network operators is likely to be driven by the increased usage of data and value-added offerings such as online broadcasts and M-commerce-based services. Increased smartphone adoption and the resulting increase in mobile subscriber base are expected to significantly boost to industry development.

Mobile virtual network providers offer a wide range of consumer demands, however, they do not control the whole infrastructure or radio frequency license. It improves security by removing the need for employees to download a mobile app or keep sensitive company data on their mobile devices, such as smartphones and tablets. Furthermore, virtual mobile infrastructure enables administrators to centrally set up and deploy multiple mobile workplaces to their employees, making mobile workplace administration simple and efficient.

“The increased usage of data and value-added services such as online broadcasts and M-commerce based services is boosting the market for services in Virtual Mobile Infrastructure.” comments a Future Market Insights analyst.

Competitive Landscape

Lebara Group, Lyca Mobile, TalkTalk Group, Giffgaff, Poste Mobile SpA, Virgin Mobile, and TracFone Wireless Inc. are the key players in the virtual mobile infrastructure market.

Some of the key developments in the virtual mobile infrastructure market include:

In October 2021, Avast Safe Browser PRO, a premium edition of their safe browser, has been introduced by Avast, the company behind one of the most popular antivirus programs.
In September 2021, Trend Micro Incorporated, launched a new safe room for Indian cloud users. To be sovereign and private, will assist the country in storing data securely within it.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Virtual Mobile Infrastructure Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Virtual Mobile Infrastructure Market in terms of Component (Platforms, Services), Deployment Type (Cloud, On-premises), and Vertical (BFSI, Healthcare, Manufacturing, IT and Telecom, Government, Others), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Market Segments Covered in Virtual Mobile Infrastructure Market Analysis

By Component:

Platforms
Services

By Deployment Type:

Cloud
On-premises

By Vertical:

BFSI
Healthcare
Manufacturing
IT and Telecom
Government
Others

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Conversational Commerce Market is Expected to Expand at a Valuation US$ 26,301.8 Mn, Growing at a CAGR of 15.6% from 2022 to 2032 | Report by FMI

According to Future Market Insights, the global conversational commerce market is expected to grow at a CAGR of 15.6% during the forecast period of 2022 to 2032. The market is set to reach a valuation of US$ 26,301.8 Mn by the end of 2032. As per FMI, by 2022, it is projected to be valued at US$ 6,147.1 Mn.

Conversational commerce is one of the major aspects of e-commerce which deals with customer interaction by using chatbots, messenger applications, and social media. It allows brands or companies to better understand the concerns, issues, complaints, and requests of their clients and customers. This form of conversation can create a more natural, informal, and personalized communication between the two parties through which both parties can benefit.

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Key Takeaways: Conversational Commerce Market

By component, the solution segment reached a valuation of US$ 3,441.2 Mn in 2021.
By type, the chatbots segment is anticipated to lead the global market with a share of nearly 5% by 2032.
By deployment mode, the on-premises segment was worth US$ 3,147.3 Mn in 2021.
By enterprise size, the large enterprises segment dominated the market in 2021 with a valuation of US$ 2,971.0 Mn.
By business function, the sales segment was valued at US$ 1,538.9 Mn in 2021.

“Increasing penetration of the internet in regions like South Asia and Pacific is likely to boost the use of social media, thereby encouraging companies to communicate with their customers through conversational commerce. Besides, new solutions can help companies to address and clear repetitive questions, doubts, and prevent the exchange of false information,” says a FMI analyst.

Investments by Companies to Launch Social Media Marketing Campaigns Will Aid Growth

Messaging applications like WhatsApp are equipped with various features that would help businesses to boost their growth. Social media platforms like Instagram allow companies to share updates, sell their products, and interact with customers online.

Social media platforms are considered to be an ideal place for companies to market their products and services as their target customers are usually active on these platforms, especially if they are young. Being open to accepting messages from consumers, companies can allow the exchange of raw and direct messages.

This would further enable businesses to better understand various problems that their customers are facing to approach and solve the issue. Personalized interactions with customers can also help improve the brand image and enhance sales.

Competitive Landscape

Key vendors are focusing on product innovation by adding more features to their existing conversational commerce tools to make them appealing to customers. Moreover, vendors are engaging in strategic partnerships and raising venture funding for business growth, as well as striving to expand their customer base.

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For instance,

In July 2022, Charles, the first conversational operating system incorporating everything related to e-commerce into WhatsApp and other chat applications, won $20 Million in Series A funding to establish itself as the leading conversational commerce platform for brands and businesses in Europe. With the funding, Charles is extending its activities beyond Germany and into important European markets.
Glia launched Glia Virtual Assistants (GVAs) in July 2022 with the goal of helping organizations to cut costs, shorten resolution times, and provide seamless customer experiences by combining virtual and human support. GVAs have been built upon conversational AI solutions from the company’s recent Finn AI purchase and come pre-trained to add value right out of the box. Glia offers an all-inclusive integration of GVAs into its market-leading platform, creating a single supplier solution for digital customer support.

More Valuable Insights on Conversational Commerce Market

In this report by Future Market Insights, conversational commerce has been segmented into seven sections: by component: solution and services (training and consulting services, system integration and implementation services, support and maintenance services), type (chatbots, intelligence virtual assistants), deployment mode (cloud and on-premises), enterprise size (large enterprise, small and medium-sized enterprises (SMEs)), business function (sales, finance, HR, operations, IT service management), industry (BFSI, healthcare and life science, IT & telecom, retail and e-commerce, travel and hospitality, media and entertainment, automotive, others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and evaluate lucrative opportunities in the conversational commerce demand outlook.

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Conversational Commerce Market Outlook by Category

By Component:

Solution
Services

By Type:

Chatbots
Intelligent Virtual Assistants

By Deployment Mode:

Cloud
On-Premises

By Enterprise Size:

Small and Mid-Sized Enterprises (SMEs)
Large Enterprises

By Business Function:

Sales
Finance
HR
Operations
IT Service Management

By Industry:

BFSI
Healthcare and Life Sciences
IT & Telecom
Retail and E-commerce
Travel and Hospitality
Media and Entertainment
Automotive
Others

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

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Telecom Order Management Market is Projected to Grow at a CAGR of over 7.9% from 2022 to 2032 Report by Future Market Insights, Inc.

The Telecom Order Management Market revenues is estimated at US$ 3.1 Bn in 2022 and is anticipated to grow at a CAGR of 7.9% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 6.6 Bn. Market through Telecom Order Management Solutions is expected to witness a CAGR of 6.8%, during 2022 – 2032.

Integration of advanced technologies like AI, and machine learning, including big data, as well as a lack of standardization and compatibility concerns with existing systems, is projected to offer significant prospects for market expansion.

Constant advances in next-generation telecommunications order management systems, such as the growing number of connected devices throughout the world, along with an increase in order management complications, will significantly assist the industry in the near future.

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The telecom industry’s main difficulty is a lack of experienced experts due to a lack of varied skill sets of telecommunications order managed service and knowledge. As a result, there has been an increase in the demand for highly skilled personnel to manage telecom orders.

The increased demand for telecommunication order management solutions necessitates a number of highly sophisticated talents, and the existing talent pool is rather small, limiting its applications and limiting the overall growth of the telecommunications order management industry.

As when the number of connected devices grows, many telecom service providers, particularly small and medium-sized businesses, are searching for cloud-based deployment. The increased use of cell phones and online shopping has resulted in the implementation of telecommunication order management. According to an Indian study, the internet penetration rate in the nation is expected to increase by 40% by 2023, and the figure is expected to increase by 50%.

Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Telecom Order Management Market are focused on R&D to produce innovative technological solutions.

In May 2022, TPG Telecommunication has become Australia’s first carrier to deploy G.Fast technologies. G.Fast employs a combination of pair-bonding, and vectoring, including phantom mode.
In November 2021, Nokia officially launched several Software-as-a-Service offerings for communication service providers, marking an essential step toward providing operators with a less expensive, more adaptable, but also a customer-centric pathway for functioning their networks and delivering new solutions.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Telecom Order Management Market, presenting historical market data (2016-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in the Telecom Order Management Market in terms of Component (Solutions, Services), Deployment Type (On-premise, Cloud-based) across five regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Market Segments Covered in Telecom Order Management Market Analysis

By Component:

Solutions
Services

By Deployment Type:

Cloud Based
On-premise

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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Content Analytics Discovery and Cognitive Software Market is Reaching US$ 18,237.3 Million at a gracious rate of 15.7% from 2022 to 2032

The worldwide content analytics discovery and cognitive software market is expected to arrive at a valuation of US$ 4,238.3 Million of every 2022. The expanding utilization man-made intelligence in a large number of uses is projected to be the market’s essential development drivers.

By and large, demand for content analytics discovery and cognitive software are projected to develop at a strong CAGR of 15.7% somewhere in the range of 2022 and 2032, adding up to around US$ 18,237.3 Million toward the finish of 2032.

Content Analytics includes scope of search and detailing advances which can give indistinguishable degrees of business insight and vital incentive for unstructured information.

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Content analytics for unstructured data incorporates virtual entertainment checking, notoriety observing, and feeling examination. Content analytics softwares utilizes normal language inquiries, patterns examination, prescient analytics and logical discovery to uncover patterns and examples for the organization’s unstructured information.

Discovery instruments are the hunt devices that examine contents for its possible importance to an interaction, by connecting names, time spans or terms utilized. Discovery devices can likewise stretch out to legitimate hold and parceling of content for additional investigation. Different kinds of discovery apparatuses incorporate web search tools, auto-order, and data perception instruments.

Cognitive registering softwares make setting calculable by distinguishing and removing setting highlights, for example, hour, area, errand, history or profile in organized way for an individual or an application participated in a particular cycle at unequivocal general setting. Cognitive registering advances and stages incorporates master help software.

Content Analytics, Discovery and Cognitive Systems, collectively covers the market and technologies that access, analyse, organize, and provides advisory services related to a range of unstructured data.

Cognitive systems leverages large amounts of structured and unstructured data and content analytics tools, along with several infrastructure technologies to answer questions, provide recommendations and directions. In addition to this, it helps in hypothesis and formulation of possible answers and updates itself by adopting learning algorithms from its mistake and failures.

Global Market of Content Analytics, Discovery and Cognitive Software: Drivers and Restraint

Unstructured data is driving a revitalisation in the analysis of information, resulting in the introduction of innovative tools capable to offer intelligent assistance, guidance and recommendations to customers.

Particularly, cognitive systems offer cloud and mobile-based platforms through which theintelligent assistants (such as Apple’s Siri, Google’s Google Now, Amazon Echo, Microsoft’s Cortana, Brainasoft’s Braina, Samsung’s S Voice, LG’s Voice Mate, BlackBerry’s Assistant, SILVIA, HTC’s Hidi, IBM’s Watson) are able to operate, using databases and knowledge graphs built with the help of content analytics.

Content analytics, discovery and cognitive Systems, together are used for complex applications such as medical research, fraud prevention, digital forensics for crime detection and sentiment analytics to measure the “feelings of the crowd” towards a brand or product.

These tools matches structured database information with unstructured data of documents to rearrange the data in the organized form. Additionally, it analyses text usage, patterns in video or sound.

Content analytics along with discovery tools and cognitive systems can create relevant cost and consumption metrics and facilitate improved information lifecycle management (ILM) chains for End-users. This will enable the End-users to identify the potential value of digital content and will aid them in understanding the significance of their investment in the storage and future analytics.

As these technologies are still at the nascent stage, promoting the significance of this technology is currently a major challenge for the market participants.

anticipating the unknowns as past based predictions have their limitations (in case of predictive analysis), Growing popularity of e-discovery, Digital Asset Management (DAM), Web Analytics and De-duplication technologies are acting as a potential substitute for the techniques including sentiment analysis, copyright detection and digital forensics used in content analytics

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Global Market of Content Analytics, Discovery and Cognitive Software: Segmentation

Segmentation on the basis of product type:

Various type of products in this market include: Test softwares (in multiple languages) and rich media tagging (audio, video, and image), software for searching, information discovery, machine learning, deep learning, hypothesis generation, entity and relationship extraction, supervised and unsupervised learning, clustering, categorization, question answering, filtering, alerting, visualization and navigation.

Segmentation on the basis of end-user:

Various end-users of the market include: government & public services, Finance, Banking & Insurance sector, utilities, telecommunication operator, IT & High-Tech ECM provider, healthcare & pharmaceutical sector, media & web publishing, retail, transport and real estate.

Finance, banking and insurance and utilities, are currently witnessing higher adoption of content analytics softwares. The factors driving this higher adoption are:

Growing need for real-time response requirements in banking, increasingly stringent regulatory environment and the need to mitigate risk, demanding customer profile and growing competitive pressure, exploding data volumes & growing complexity, in the BFSI sector.

Global Market of Content Analytics, Discovery and Cognitive Software: Key Players

Some of the prominent players in the content analytics, discovery and cognitive software market include: IBM Inc., Hewlett-Packard Company, Baidu Inc., Elastic GmbH, Facebook Inc., Google Inc., LucidWorks Inc., Microsoft Corporation, and Wipro Limited.

The report covers exhaustive analysis on

Global Content Analytics, Discovery and Cognitive Software Market Segments
Global Content Analytics, Discovery and Cognitive Software Market Dynamics
Historical Actual Market Size, 2012 – 2014
- Global Content Analytics, Discovery and Cognitive Software Market Size & Forecast 2016 to 2026
Supply & Demand Value Chain
- Global Content Analytics, Discovery and Cognitive Software Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Global Content Analytics, Discovery and Cognitive Software Market Drivers and Restraints

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Key Segments Profiled in the Content Analytics Discovery and Cognitive Software Market Report

By Product Type:

Test Software (in Multiple Languages)
Rich Media Tagging (Audio, Video & Image)

By End User:

Government & Public Services
Finance, Banking & Insurance Sector
Utilities
Telecommunication Operators
IT & High-Tech ECM Providers
Healthcare & Pharmaceutical Sector
Media & Web Publishing
Retail
Transport
Real Estate

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

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Micromobility Platform Market to Receive Overwhelming Hike US$ 19,776.8 Mn in Revenues by 2032: Exclusive Report by FMI

According to FMI’s new report, the global micromobility platform market is set to grow at a noteworthy CAGR of around 13.4% from 2022-2032. The market is expected to reach a valuation of ~US$ 5,647.9 Mn by the end of 2022.

Rising oil & gas prices, increasing road congestion, saturation in the automotive sector, and inconvenience of parking are expected to fuel market expansion. In addition, rising demand for e-bikes and e-kick scooter sharing and rental services is estimated to open up new growth avenues for micromobility platforms over the coming decade.

Over the past few years, for urban populations in Asia, North America, and Europe, the use of shared electric bikes, scooters, and motorbikes has considerably expanded. As micromobility is simple to operate and offers a practical mix of electric traction and dockless operation, customers appreciate it. Since it is very simple to utilize a two-wheeled vehicle via a smartphone app, consumers are increasingly choosing micromobility over more conventional transportation options like a car, bus, or train that depend on traffic.

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Key Takeaways: Micromobility Platform Market

By vehicle type, the scooters and e-scooters segment is estimated to grow at a robust CAGR of 1% through 2032.
By platform type, the mobile segment is estimated to grow at a CAGR of 6% during the forecast period.
By end user, the commercial segment is anticipated to increase at a CAGR of 6% between 2022 and 2032.
The market in Germany is expected to progress at a CAGR of around 0% through 2032.
In Japan, the micromobility platform market is anticipated to grow at a CAGR of 6% during the evaluation period.

“Development of smart cities and automotive infrastructure has provided numerous growth opportunities to micromobility platform providers worldwide. Various small vehicle fleet owners have also joined forces to support the use of micromobility platforms owing to the presence of multiple software/service providers, as well as their high investments and development goals,” says a Future Market Insights analyst.

Increasing Government Initiatives to Develop Smart Cities Will Accelerate Growth

Expansion of the global market is mainly being fueled by increasing government initiatives and support for the construction of smart cities with a requisite cycling infrastructure. The micromobility market is expanding as a result of numerous initiatives, including the construction of temporary bike lanes, expansion of public areas, and prohibition of motorized vehicles on a few streets.

Major government agencies across the world are radically altering their cities’ transportation infrastructure to make room for bicyclists and pedestrians, which is helping the micromobility sector develop even more.

For the implementation of micromobility, governments are establishing new rules, goals, and policies. They are enticing OEMs and other industry players to actively participate in development programs. They are also fostering confidence by enacting investments and policy frameworks.

For instance, Canada has legalized the use of electric kick scooters. Riders would not require a license, insurance, or number plates to drive in Canada. Similar to this, electric kick scooters are legal on American roadways despite the absence of bicycle lanes as long as they don’t go above the speed limit of 25 mph.

More Valuable Insights on Micromobility Platform Market

Future Market Insight’s report on the micromobility platform industry research is segmented into four major sections – by vehicle type (scooters & e-scooters, skateboards & e-skateboards, bicycles & e-bikes, and others), platform type (desktop/ web and mobile), end user (individuals, and commercial (food & beverages, logistics, e-commerce, pharmaceuticals, and others) and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the micromobility platform demand outlook.

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Micromobility Platform Market Outlook by Category

By Vehicle Type:

Scooters & E-scooters
Skateboards & E-skateboards
Bicycles & E-bikes
Others

By Platform Type:

Desktop/ Web
Mobile

By End User:

Individuals
Commercial
- Food & Beverages
- Logistics
- E-commerce
- Pharmaceuticals
- Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

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Telecom Enterprise Services Market to Achieve A High CAGR Of 3.7% During Forecast 2022 to 2032

The Telecom Enterprise Services Market revenues were estimated at US$ 202.9 Bn in 2021 and is anticipated to grow at a CAGR of 3.7% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 304 Bn. Revenue through voice-based Telecom Services is projected to witness 3.6% CAGR during 2022 – 2032.

Rising investment on 5G infrastructure rollout due to a shift in customer preference toward upcoming innovations and mobile platforms is one of the primary drivers propelling the market. Other possible drivers accelerating market expansion include an increase in mobile users, a surge in the market for high data connectivity, and a rising demand for value-added managed services. OTT service providers are also broadening overall scope of their products, impacting several business sectors in the process.

In the recent decade, the telecommunications sector has witnessed a tremendous transformation. The necessity for a high-speed connection, voice channels, and the emergence of BPO/back-office enterprises have contributed to an increase in the demand for IP and global private-leased circuits. National e-governance efforts including such unique identification/social security, financial inclusion measures, and expanding connection in rural regions are promoting telecom enterprise service uptake.

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Furthermore, considerable industrial activity is also propelling telecom enterprise services. The emergence of IT & ITES business in emerging nations has resulted in a rise in total industrial activity. Banking and IT & ITES are two significant industries that are implementing telecom enterprise services and connectivity solutions to improve the client experience. This has created enormous opportunities for global operators to develop and conduct business with enterprises operating in these industries. RecVue announced the RecVue Agile Monetization Platform (RAMP360), which represents a real distillation of the company’s dedication to innovation and the goal of enabling major organizations to accelerate development and profitability in the digital economy.

Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Telecom Enterprise Services Market are focused on R&D to produce innovative technological solutions.

In February 2021, AT&T Inc. with Verizon Communications paid roughly USD 70 billion for 5G spectrum to increase network connection for its consumers.
In April 2020, T-Mobile US, Inc. acquired Sprint Corporation, with an objective to establish a strong 5G internet infrastructure in the United States and acquire the greatest market share in both rural and urban regions.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Telecom Enterprise Services Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Telecom Enterprise Services Market in terms of Solution (Voice, Data/Internet Service, Wireless/Mobility, Managed Services, Cloud Service), By End-user (SMEs, Large Enterprises), By Revenue Stream (Master Agent, Carriers, Others) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Market Segments Covered In Telecom Enterprise Services Market Analysis

By Solution:

Voice
Data/Internet Service
Wireless/Mobility
Managed Services
Cloud Service

By End-user:

SMEs
Large Enterprises

By Revenue Stream:

Master Agent
Carriers
Others

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

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