Server Security Market Value to Grow by Almost US$ 51.7 Billion by 2032 | FMI

According to Future Market Insights (FMI), the server security market is expected to grow at a noteworthy CAGR of around 7.1% from 2022-2032. The report further states that the market is expected to reach a valuation of ~US$ 26.1 Bn by the end of 2022. The server security market is expected to reach ~US$ 51.7 Bn by 2032. The increasing need to protect enterprise networks from sophisticated cyber-attacks is set to drive growth in the server security market during the forecast period.

Cloud-based server security software solutions allow businesses to improve their network security at a relatively low cost. Sales of such software solutions are projected to surge with increasing need to avoid unauthorized access and misuse of network resources.

Moreover, server security software solutions are gaining immense popularity as companies are striving to protect their networks from critical cyber-attacks like denial-of-service (DoS), distributed denial-of-service (DDoS), man-in-the-middle (MitM), SQL injection attack, cross-site scripting (XSS) software attack, TCP SYN flood attack, botnets, and session hijacking attacks.

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Thus, to maintain the network security of various systems from such attacks and network hacks, organizations are likely to continue to adopt cloud server security software solutions in the forthcoming years.

Key Takeaways: Server Security Market

  • By solution, the software segment is expected to dominate the global server security market and exhibit growth at a CAGR of around 7.7% between 2022 and 2032.
  • By deployment, the cloud-based segment is set to lead the global market with a CAGR of nearly 9.0% between 2022 and 2032.
  • By enterprise size, demand for server security software solutions in small and mid-sized enterprises (SMEs) is estimated to grow 2.3x in the upcoming decade.
  • By industry, the healthcare segment is projected to showcase significant growth at a CAGR of about 10.2% between 2022 and 2032.
  • By region, the North America server security market was holding the highest share of around 29.6% in 2021.

 “Urgent need to prevent misuse of data, accelerate network downtime, and protect enterprise networks from server-based cyber-attacks is expected to push the deployment of server security solutions in the forecast period,” says a FMI analyst.

The global server security market is set to grow steadily due to increasing demand for cybersecurity solutions to protect servers from sophisticated cyber-attacks. A wide variety of services are provided by a server to external and internal users of an organization and thus it is prone to hacking.

Also, various servers like web, email, database, infrastructure management, and file servers process or store sensitive information for an organization. To access these unauthorized files, an organization’s servers are frequently targeted by cybercriminals.

To protect an organization’s network infrastructure from server-based cyber-attacks, businesses are adopting innovative server security solutions. As a result of the aforementioned factors, the global server security market will witness considerable growth during the forecast period.

Trend of Remote Working to Push Deployment of Server Security Solutions

Server security solutions help organizations to enhance their cybersecurity policies with the help of reporting, monitoring, detecting, and countering threats against cyber-attacks. Increasing trend of remote working culture is creating a big challenge in terms of cyber security.

As employees are working from home and connected with personal internet or Wi-Fi, the network security risk is high. It can in turn hamper a company’s confidential data as hackers can easily steal sensitive information. Hence, several organizations are expected to implement innovative server security solutions to protect endpoint devices from cyber-criminals and sophisticated cyber-attacks.

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More Valuable Insights on Server Security Market:

Future Market Insights’ report on the server security industry research is segmented into five major sections – solution (software and services), deployment (on premise and cloud-based), enterprise size (large enterprises and small and mid-sized enterprises (SMEs)), industry (IT & telecom, BFSI, healthcare, retail, manufacturing, government & defense, education, 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 server security demand outlook.

Global Server Security Market Outlook by Category

By Solution:

  • Software
    • Network Firewalls
    • Unified Threat Management Solution
    • DDoS Mitigation Solution
    • Endpoint Protection Platforms
    • Others
  • Services
    • Professional Services
    • Managed Services

By Deployment:

  • On-Premises
  • Cloud-based

By Enterprise Size:

  • Large Enterprises
  • Small and Mid-Sized Enterprises (SMEs)

By Industry:             

  • IT & Telecom
  • BFSI
  • Government & Defense
  • Healthcare
  • Retail
  • Manufacturing
  • Education
  • Others

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By Region:

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

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Power Integrated Modules Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2022 – 2032

The market for power integrated modules is anticipated to reach US$ 5,774 million in value by 2032, up from US$ 1,765 million in 2022, growing at a CAGR of 12.6% during the projection period.

A power integrated module is as physical containment for various power components, mostly power semiconductor devices. These power semiconductors are usually sintered or soldered on a power electronic substrate, which carries the power semiconductors, and further, provides thermal and electrical contact and also provide electrical insulation, where ever required. 

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Power Integrated Modules Market: Drivers and Restraints 

The increase in demand for energy requirement is the major factor driving the growth of the market. Also, the demand for consumer products such as washing machine, refrigerators, and others are increasing with rapid pace globally, thus anticipated to boost the global power integrated market during the forecast period. 

The increase in application for power integrated module is the key factor attributing the growth of the market. Power integrated modules are used in laptops, tablet, therefore increase in demand for laptop and tablet for B2C and the B2B market is expected to drive the power integrated market in forthcoming years. 

Global Power Integrated Modules Market: Competitive Landscape 

Key Players 

The major player operating in power integrated modules market includes Future Electronics, Mitsubishi Electric Corp., ON Semiconductor Corporation, Semikron, Fuji Electric Co., Ltd., Infineon Technologies AG., VPT, Inc., Applied Power Systems, Inc., Lectron Industries, and COSEL ASIA LTD. 

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Global Power Integrated Modules Market: Regional Trend 

Asia Pacific is expected to dominate the power integrated modules market, owing to the surge in demand for consumer goods such as refrigerator, air conditioner, and washing machine. Also, Asia Pacific countries such as China and India are witnessing the increase in energy requirements, which is the other reason propelling the growth of the power integrated module market. 

Economic production and government initiative for manufacturing sectors such as Make in India, are the major factor driving the growth of manufacturing sector, which is making Asia Pacific region emerged as the strong manufacturing hub. 

In addition to above, robust manufacturing hub in Asia Pacific region coupled with wide presence major players for manufacturing consumer goods are boosting the growth of the power integrated module market during the forecast period. 

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Key Segments

By Type:

  • Output Power
  • Output Current
  • Output/Input Voltage
  • Packaging Type
  • Dimensions

By Device:

  • IGBT
  • MOSFET

By Application:

  • Embedded Computing
  • Controllers
  • Processors
  • SAN/NAS Accelerator
  • Appliance
  • Network Processors
  • Noise Sensitive Applications

By Region:

  • North America
  • Latin America
  • MEA
  • Asia Pacific
  • Europe

About Future Market Insights (FMI)
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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Donor Egg IVF (In-Vitro Fertilization) Market Key Opportunity, Analysis, Growth, Trends 2028

Adoption of donor egg IVF treatment accounted for the approximate revenue of US$ 2 billion in 2021, which are likely to witness a healthy spike by 6.7% in 2022. Future Market Insights (FMI) recently presented a research study on the global donor egg IVF market trend, according to which a majority of overall adoption is registered at fertility clinics and IVF centers.

A Majority of Patients Seek Donor Egg IVF Treatment at Fertility Clinics & IVF Centers

Donor egg IVF is a procedure in which technological and pharmacological manipulation is used to help and promote pregnancy, the procedure has gained significant ground globally, in recent years. Donor egg IVF has rapidly become one of the most sought after fertility treatment alternatives among the infertile population.

The study opines that fresh donor egg cycle has been preferred over frozen donor egg cycle, attributed to the associated high rates of pregnancy and successful births. Currently, nearly 70% of donor egg IVF treatment adoption is recorded at IVF centers and fertility clinics, and more than 70% of the times, the procedure is conducted by using fresh donor egg cycle.

In the fresh donor egg cycle, eggs are retrieved, following which they are fertilized immediately and directly transferred to the recipient’s womb (uterus). The birth rate and pregnancy rate by using fresh donor egg cycle are estimated to be more than 36% and 55%, respectively. On the flipside, the birth rate and pregnancy rate by using a frozen donor egg cycle are just about 24% and 39%, respectively. According to the report, enhanced pregnancy and birth rates will continue to advocate preference for fresh donor egg IVF over frozen.

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The Rising Burden of Infertility Pushing Scope of Egg Donor IVF Adoption

As concluded by FMI’s analysis, with an increasing number of couples postponing first pregnancy that generally leads to higher prevalence of age-related infertility issues, it is highly likely that procedures such as in-vitro fertilization (IVF) and a step ahead, donor egg IVF, will continue to witness robust demand in years to come.

Research has proven that the number of women with ovaries that have untimely ceased to function has been on a considerable rise over the recent past, and thus, donor egg remains the only chance for them to conceive and lead a successful pregnancy period. The increasing infertility burden is complemented by a strong increase in the number of female egg donors, which has been cited as another important factor pushing prospects of donor egg IVF market.

Europe’s donor egg IVF market is expected to witness strong growth in forthcoming years, followed by North America, as a result of high inbound of infertile population opting for fertility treatment, across the region. Moreover, the expensive costs of donor egg IVF treatment and favorable government initiatives and reimbursements on the same are accounting for prominence of these regions in global donor egg IVF industry. The report also indicates that donor egg IVF market in Asia Pacific will demonstrate high growth potential through the coming years, as a considerably large patient pool is seeking fertility solutions.

A majority of European countries offer good service at a reasonable budget for donor egg IVF procedures and some countries, such as Brazil and Australia, reimburse 50% of the treatment cost for unsuccessful donor egg IVF procedures, or reimburse other expenses such as accommodation or out-of-pocket costs for egg donors.

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Donor Egg IVF (in-vitro fertilization) Market by Category

By Cycle Type:

  • Fresh Donor Egg Cycle
  • Frozen Donor Egg Cycle

By End User:

  • Direct / Patient
  • Hospitals
  • Fertility Clinics & IVF Centres

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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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 6-years.

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Radiotherapy Patient Positioning Accessories Market Key Insights, Trends, Profiling Companies And Growth Strategies By 2028

Estimated to exceed the revenues of US$ 588.8 million in 2022, the global radiotherapy patient positioning accessories market trend is projected to witness a moderate 4.3% annual growth in revenue, over that in 2021. According to a recent research study of Future Market Insights (FMI), nearly 1/5th of the overall installed base of radiotherapy patient positioning accessories is accounted by couch tops and overlays, followed by immobilization systems.

More than 40% of the total adoption of radiotherapy patient positioning accessories is registered by hospitals at a global level, as indicated by FMI’s report. A higher rate of demand for radiotherapy patient positioning accessories is likely to be recorded by cancer research institutes and radiation therapy/proton therapy centers, in the forthcoming years.

Government Support Pivotal in Accelerating Installation of Radiotherapy Patient Positioning Accessories

North America and Europe currently hold a combined revenue share of over 60% in the global radiotherapy patient positioning accessories market. Remarkable increase in the rate of early cancer diagnosis is leading to hike in the adoption of radiotherapy, more prominently in developed countries such as the US, UK, and Germany among others. Moreover, the study opines that the increasing awareness about multiple types of cancers, further backed by favorable government initiatives regarding cancer diagnosis and treatment, will be one of the strongest factors pushing penetration of radiotherapy patient positioning accessories within developed regional markets.

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On the other side, governments of several developing economies are also extending support and investments in the cancer diagnosis and treatment space, particularly through screening camps – which is boosting the diagnosis rates of cancer. This according to the report is majorly responsible for promising growth in the installed base of radiotherapy systems and patient positioning accessories. According to FMI’s analysis, the flourishing medical tourism sector is also registering significant contribution to the thriving demand for radiotherapy patient positioning accessories in emerging economies.

Strategic Efforts in Stronger Distribution Network Gathering Momentum among Manufacturers

Some of the key players actively competing in the radiotherapy patient positioning accessories market include Bionix Radiation Therapy, CDR Systems, CIVCO Radiation, Orfit Industries N.V., IZI Medical Products, Klarity Medical Products, Qfix, Elekta AB, and Eckert & Ziegler BEBIG, among others. Several leading manufactures are focused on the development and approval of new products. CIVCO Radiotherapy announced the FDA clearance and CE mark for their Solstice SRS Immobilisation System, in the H2 2021.

Strong distribution partnerships tend to result in effective product reach across the value chain and thereby supports the business growth. While the growing trend of strategic distribution partnerships between peer companies operating in the radiotherapy patient positioning accessories market is translating into improved product outreach, FMI’s analysis suggests that collaborative activities in terms of distribution of radiotherapy patient positioning accessories will particularly benefit smaller players in the market. Recently, POLL Medical entered the partnership with CIVCO for the global distribution of CE-marked GrayDuck Stents.

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Radiotherapy Patient Positioning Accessories Market

By Product Type

  • Couch Tops & Overlays
  • Immobilization System
  • Head Rest
  • Cushions
  • Spacers & Wedges
  • Arm & Wrist Supports
  • Thermoplastic Masks & Sheets
  • Locating & Indexing Bar
  • Bite Positioner
  • Markers

By End User

  • Hospitals
  • Radiation/Proton Therapy Centers
  • Cancer Research Institutes

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
    • Detailed insights of market segments and sub-segments for historical as well as forecast period
    • A competitive analysis of prominent players and emerging players in the keyword market
    • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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About Future Market Insights (FMI) 

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.

Contact:

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Eye Tracking System Market To Undertake Strapping Demand By The End 2028 | FMI

The eye tracking systems market demand is anticipated to reach a value of US$ 1.2 billion in 2022 and US$ 4.9 billion by 2028, growing quickly at a CAGR of 26.6% between 2022 and 2028.

As depicted in a recently released intelligence outlook by Future Market Insights, the global market for eye tracking system will exhibit an exceptionally high growth rate – predominantly driven by brisk technological advances and an expanding application base of eye tracking system in assistive communication devices.

However, the market for eye tracking system will continue to position itself in the high-growth low-volume quadrant throughout the projection period.

FMI anticipates the global eye tracking system market expansion at a massive CAGR of 26.6% between 2018 and 2028. While the capability of eye tracking system to offer unique insights to help comprehend human behavior will remain the most prominent factor driving its demand worldwide, FMI also marks rapid technological advances in software solutions and hardware components to continue fueling the growth of eye tracking system market through 2028.

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Although concerns regarding the safety, privacy, and security of eye tracking data continues to surround the methods used for data collection and use, strong efforts are being taken by some of the leading stakeholders in the eye tracking system market to assure data privacy and security.

Key Research Findings

  • Europe and North America, the current leaders in the global eye tracking system market, will continue to represent higher value shares in the total market value throughout 2018-2028.
  • The demand for eye tracking system is most likely to gain a significant boost in Asia Pacific by descending price points and an extending application base – especially in the academic research realm and multiple commercial areas.
  • Although remote eye tracking system currently dominates the global market, FMI expects the wearable eye tracking system to demonstrate relatively faster growth – accounting for a larger share of revenue in the eye tracking system market by 2028 end.
  • Based on application areas, assistive communication has been spearheading in terms of revenue generation. Moreover, smartphones, gaming, and AR/VR have been identified to represent the next big things creating attractive opportunities in the eye tracking system market over the forecast period.
  • The critical need for expert resources and services for appropriately using the volumes of relevant and actionable data cannot be overstated, especially in case of research in medical and academic areas, and consumer behavior.

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Combined Use of Eye Tracking System with Biometric Data Facilitating Understanding of Human Decision Making

Though conventionally provided data by eye tracking system involves the position of gaze, fixations, and the areas of interest of the subject that is being tracked vis-à-vis the visual stimuli, industry experts have been repeatedly highlighting the dearth of sufficient insights on the underlying emotions, perceptions, and experiences behind the tracked gaze patterns and fixations. To overcome this longstanding functional challenge, a large number of companies operating in the global eye tracking market are providing eye tracking data in integration with other biometric measures. According to FMI, electroencephalography (EEG), facial expression analysis, and electro-dermal activity analysis are some of the biometric measures that hold the potential to create relevant synergies with the existing eye tracking data.

Why Future Market Insights?

  •   Comprehensive analysis on evolving purchase pattern across different geographies
  •   Detailed insights of market segments and sub-segments for historical as well as forecast period
  •   A competitive analysis of prominent players and emerging players in the keyword market
  •   Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years.

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About Future Market Insights (FMI) 

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.

Contact:

Future Market Insights, Inc.
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Wearable Computing Devices Market Future Plans and Industry Growth with Quantitative And Qualitative Analysis 2022 – 2032

The global wearable computing devices market is expected to be worth US$ 37,557 Mn in 2022, rising to US$ 217,237.2 Mn by 2032. The sales of wearable computing devices are expected to grow at a CAGR of 19.2% during 2022-2032.

The wearable computing devices market size is expected to increase during the projected period as they assist clinicians in remotely monitoring patient health. Consumer interest in smart fitness gadgets is increasing since they aid in the prevention of mortality caused by illnesses such as diabetes, heart disease, obesity, and asthma.

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Furthermore, as a result of these reasons, demand for wearable computing devices is expected to expand over the forecast period. As a result of increased demand for health monitoring, the wearable computing devices market share is expected to grow.

Smart watches, smart contact lenses, smart glasses, smart fabrics, and e-textiles are some of the examples of wearable technology. Sales of wearable computing devices are expected to increase throughout the projection period as a consequence of the advantages and broad variety for consumers. Some of the features of wearable computing devices that are driving market expansion include real-time data provision, local storage, and portable design.

Wearable computing devices leading companies are also introducing wearable devices that can link to smartphones. Furthermore, the demand for wearable computing devices has increased noticeably in the domains of health and fitness, medicine, gaming, music, transportation, and education. Customer apathy and data security concerns are important impediments to the expansion of the wearable computing device market.

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Key Takeaways from Wearable Computing Devices Market

  • North America is one of the most appealing markets for wearable computing devices, with the United States leading the way. The United States is expected to occupy more than 19.6% of the market for wearable computing devices.
  • With a CAGR of 19% over the forecast period, China is expected to have the biggest development potential in the wearable computing devices market.
  • Following China, the India wearable computing devices market is expected to grow at an 18% CAGR during the forecast period.
  • With a 27% market share, the ear worn segment dominates the wearable computing devices market.
  • With a 22.3% market share, the fitness tracker category ranks second in the wearable computing devices market. The growing popularity and accessibility of fitness trackers among the general public is driving this increase.
  • With a 30.9% market share, the fitness and wellness segment lead the wearable computing devices market.

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Competition Landscape in the Wearable Computing Devices Market

The wearable computing devices market is very fragmented and competitive. These devices are in greater demand in the healthcare industry due to rising fitness awareness. Additionally, as consumers’ purchasing power rises in emerging countries, wearable technology’s multiple applications present tremendous growth opportunities. The competition in the market is also increasing as new competitors enter the sector.

Key players in the wearable computing devices market includes Apple Inc., Adidas AG, Nike Inc., Samsung Electronics Co. Ltd., Fitbit Inc.

Recent Developments in the Wearable Computing Devices Market:

  • In may 2020 – Garmin unveiled the Quatrix 6X Solar, the latest addition to its new nautical GPS smartwatch series, which features a transparent solar charging display that harnesses the sun’s energy to extend battery life.
  • In January 2020, Nuheara, a smart-hearing company, debuted their IQbuds2 MAX earbuds. This device combines Active Noise Cancellation with the ability to modify and improve the wearer’s soundscape. Customers can also personalize their acoustic environment with this device.

Wearable Computing Devices Market by Category

By Product Type:

  • Smartwatches
  • Head Mounted Displays
  • Smart Clothing
  • Ear Worn
  • Fitness Trackers
  • Body Worn Camera
  • Exoskeleton
  • Other

By Application:

  • Fitness and Wellness
  • Medical and Healthcare
  • Infotainment
  • Industrial and Defense
  • Other

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania

About Future Market Insights (FMI)
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

Contact Us:        
Future Market Insights
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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Wireless Fire Detection Market New Technological Development Projecting Massive Growth till 2032

Instead of utilising cables, wireless fire detection offers dependable wireless connections to control panels using a fully supervised wireless signal. The global wireless fire detection market is expected to reach US$ 2,714.0 Million in 2032, up from US$ 1,212.0 Million in 2022. The global wireless fire detection market is projected to grow gradually from 2022 to 2032 at a CAGR of 8.4%, according to an FMI report.

The installation cost of typical fire alarm systems breaks down into two basic types of charges which include tools costs and labor charges to install that equipment, but wireless detection systems do not require cable to connect between sensing devices and control equipment, the system designer can eliminate the costs associated with cable, channel, back boxes, fasteners and power supplies.

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Technological advancements in fire detection devices and wireless networking and improvement of various standards is increasing the growth of the wireless fire detection systems market.

Wireless Fire Detection Market: Market Dynamics
The rapid adoption of wireless fire detection is driven by the increasing demand for retrofit installations due to the cost effectiveness and the ease involved in installing these systems. Higher maintenance cost and low reliability of wireless fire detection as compared to other fire alarms can be the restraining factor for the market. The latest trend in the wireless fire detection is the integration of the detectors and sensor technologies within a single detector, which results in greater efficiency and lowered cost.

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Global Wireless Fire Detection Market: Competition Landscape

Few prominent players in Wireless Fire Detection market includeArgus Security S.r.l., Honeywell International Inc., Siemens AG, Tyco International PLC, EMS Security Group Ltd, Sterling Safety Systems, Halma Plc, Hochiki Corporation, Zeta Alarm Systems, Electro Detectors Ltd, Ceasefire Industries Pvt. Ltd and Napco Security Technologies, Inc.

Wireless Fire Detection Market: Regional Outlook

North America is estimated to hold the largest share in wireless fire detection market owing to the higher adoption of advanced sensors and detectors in fire detection followed by Europe and Asia Pacific region.

There will be significant growth of the wireless fire detection systems market in Europe owing to the strict government mandates on the installation of fire detectors or fire alarms in European countries such as UK, France, and Germany. Latin America and MEA are expected to contribute significantly in the forecast period.

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Key Segments Profiled in the Global Wireless Fire Detection Market

By Product Type:

  • Fire Detection
  • Fire Suppression
  • Fire Alarms
  • Detection Devices

By Installation Type:

  • New Installation
  • Retrofit Installation

By Technology:

  • Smoke Detectors
  • Multi Sensor Detectors
  • Heat Detectors
  • Gas Detectors

By System Type:

  • Fully Wireless Systems
  • Hybrid Systems

By Vertical:

  • Residential
  • Retail
  • Healthcare
  • Hospitality
  • BFSI
  • Education
  • Government
  • Manufacturing
  • Industrial automation
  • Others

By Region:

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

About Future Market Insights (FMI)
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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Wireless Sensors Market Size, Share & Forecast | US$ 24,768 million by 2032

In 2022, it is expected that the market for wireless sensors will have generated total sales of around US$5,876.3 million. The market for wireless sensors is expected to reach US$ 24,768 million by 2032, with demand rising at an astounding 15.5 percent CAGR throughout the forecast period.

In addition to being a rapidly growing field, the increasing interest of manufacturers in research and development of more efficient Wireless sensors, which indirectly will contribute to an improved lifestyle is the demand of the fast-paced world.

The spur in the market for wireless sensors comes from the need for monitoring and analysing real-time data. The working of Wireless sensors involves the conversion of physical data sensed to electrical signals to portray physical variations or error signals in the device or instrument.

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Out of the wide range of applications of wireless sensors, ambient light sensors had the largest market share last year. They are used in automatic doors and access systems, elevators, escalators, and lighting control systems. One of the applications of ambient light sensors is in building automation which has sensed the highest growth in the past ten years.

As improved energy efficiency, low operating cost, and better indoor environment result in high-performance buildings, which every individual would want to live in, creating the most attractive segment in wireless sensors industry.

Global Market of Wireless sensors: Drivers and Restraint

Development of cheaper, smarter, and smaller wireless sensors, expanding market for smart and wearable devices, increasing the need for real-time computing of applications, and surge in demand for IoT sensors for various applications such as sensing, recognition, and interpretation are the key factors contributing to the spur in the Wireless sensors market growth.

Every day technological research and improvements in the Wireless sensors technology are the key factors leading to a rapid growth in the market.

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The wide range of applications of wireless sensors including forest fire detection, flood detection, water management, ambient air and greenhouse gas emission monitoring, soil monitoring, pest and disease detection, precision irrigation and water management, vehicular movement and management, in nearly all walks of life is encouraging manufacturers to manufacture more technologically efficient and error free Wireless sensors leading to wide adoption of sensors by industries.

Also, the automation and industrial robots require a large number of wireless sensors, which is expected to drive the market. The wireless sensors market possesses a high growth potential, but lack of technical standardization ofwireless sensors is a factor which may lead to hindrance in the market growth. Also, the high cost of the wireless sensors may result in decreased adoption by the small scale industries while large scale industries still are expected to contribute in driving the wireless sensors market growth.

Currently, North America dominates the Wireless sensorsmarket, the main reasons being: increased R&D in the field of IoT, in terms of new and improved technologies, as well as the rising demand for an improved lifestyle.

While the Wireless sensors market in APAC is expected to grow at the fastest rate due to the presence of several manufacturing plants in China, and the growth of the automotive industry in this region. Europe follows with an expected high growth rate in the upcoming years.

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Global Market of Wireless sensors: Key Players

ABB, Adaptive Energy, Ambient Micro, Apprion, Aruba Networks, Atmel, BAE Systems, BSC Computer, Cardiomems, Chevron, Cymbet, Dust Networks, ELTAV,Ember, Emerson, Enocean, Gastronics, Greenpeak, Microstrain are some of the key players in the Wireless sensors market.

Regional analysis for Global Wireless sensors Market includes

  • North America
    • US
    • Canada
  • Latin America
    • Argentina
    • Mexico
    • Brazil
    • Rest of Latin America
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Nordic
    • Benelux
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
  • Asia Pacific
    • Australia and New Zealand (A&NZ)
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • The Middle East and Africa
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Market of Wireless sensors: Segmentation

Segmentation on basis of Type:

  • Ambient Light Sensors
  • Motion & Position Sensors
  • Temperature Sensors
  • Heart Rate Sensors
  • Pressure Sensors
  • IMUs (6-Axis, 9-Axis)
  • Accelerometers (3-Axis)
  • Blood Glucose Sensors
  • Image Sensors
  • Humidity Sensors
  • Carbon Monoxide Sensors
  • Blood Oxygen Sensors
  • Flow Sensors
  • Level Sensors
  • Chemical Sensors
  • ECG Sensors
  • Others (MRR, Ultrasonic Sensors, Vehicle Detection Sensors, Pedestrain Presence Sensors, Speed Sensors, Soil Moisture Sensors)

Segmentation on basis of End-user:

  • Building Automation
  • Wearable Devices
  • Healthcare
  • Industrial
  • Automotive & Transportation
  • Oil and Gas
  • Retail
  • Agriculture
  • Aerospace & Defense
  • BFSI

Segmentation on basis of Connectivity Type:

  • Wi-Fi
  • Bluetooth
  • Bluetooth/WLAN
  • Cellular Network
  • GPS/GNSS Module
  • Bluetooth Smart/BLE
  • ZigBee
  • NFC
  • WHART
  • ISA100

About Future Market Insights (FMI)
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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Polymer Memory Market Projected to amass a Revenue of Around US$ 6,715.1 mn During 2022- 2032

Polymer memory predicted CAGR of 18.7 over the forecast period, the worldwide polymer memory market is anticipated to generate revenues of about US$ 6,715.1 million by 2032, up from US$ 1,206.8 million in 2022.

Polymer memory is a technology in memory device deployment for storing, reading and writing data which is made of PEDOT (Polyethylene Dioxythiopene) that uses conductive polymers. In polymer memory devices each polymer is fabricated between two electrodes which acts as a memory cell, and data is stored by changing the polarization of the polymer between metal lines.

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In these devices memory is represented by detecting the space charges in the polymers using electrical pulses. Polymer memory is non-volatile and enables achieving high storage capacity, which is up to 10x faster than conventional memory devices.

This technology is used in devices such as WORM (Write Once Read Many) type memory applications, permanent storage such as in holography techniques and ROM devices. Polymer memory can be easily integrated with other CMOS.

Polymer Memory Market: Drivers and Restraints

Increasing demand for faster memory devices with high storage capacity of information, simple manufacturing and low power consumption of polymer memory devices, are some factors driving the growth of polymer memory market.

However, prolonged and continuous research over this technology which delays its launch in the market is restraining the growth of this market.

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What is the Competition Landscape in the Polymer Memory Market?

Businesses involved in the polymer memory market are now more engaged with launching strategies like targeted marketing, CSR programs, etc., as a way to increase their global prominence. The fact that these companies are now aiming to manage a specific business-related activity in a nation that offers advantageous policies is a clearly discernible polymer memory market trend that is being observed across the board.

By doing so, it enables the companies to reduce expenses while retaining industry experts for each crucial stage of their respective organizations. A similar high-capacity polymer memory is being developed by Thin Film Technologies in Linköping, Sweden, in partnership with Intel, the largest manufacturer of computer processors and flash memory chips. This is considered one of the recent developments in the polymer memory market.

Polymer Memory Market: Key Players

Advanced Micro Devices of Sunnyvale, CA, is working with Coatue, a start-up in Woburn, MA, to develop chips that store data in polymers rather than silicon.

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Key Segments Profiled in the Polymer Memory Market Survey

By End Use:

  • Individual
  • Residential
  • Commercial

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Japan
  • The Middle East and Africa

About Future Market Insights (FMI)
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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Tire Materials Market Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance

Future Market Insights recently published a report titled “Tire Materials Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028” that offers decisive insights pertaining to the global tire materials market and provides extensive information through organized market research.

According to the report, the global tire materials market has been envisaged to approach the valuation of US$ 100 Bn towards the end of forecast period.

Silica to Witness an Upsurge in Demand with Increasing Production of Green Tires

Synthetic rubber and fillers used in automotive tires have significantly changed over the past decade. Attributing to the rising environmental concerns, many regions have formed regulations that mandate tire labeling. The implementation of labeling initiatives and growing environmental concerns have led to an increase in the production of high-performance tires or green tires.

Regulatory bodies have also laid incentives for manufacturers and consumers with a preference for performance tires. Due to the adoption of green technology, silica is extensively being used as a filler material as an effective replacement for carbon black in the recent years.

The adoption of silica in the production of green tires has reduced CO2 emissions almost by 7% and increased fuel efficiency. Thus, increasing focus towards the reduction of carbon footprint and greenhouse gas effects is driving the demand for silica in tire production.

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Increasing Automotive Production and Ever-rising Size of Vehicle Fleet to Boost the Tire Materials Market

Tires are a vital part of the automotive industry and thus, the production and sales of vehicles directly affect the dynamics within the tire industry. Increasing automotive production in emerging economies has been driving the demand for tires from OEM manufacturers, which has led to an increase in tire production activities.

Growing tire production is driving the demand for tire materials. In a vehicle, a tire is one such part that must be replaced frequently, after every 2-3 years. A tire experiences maximum wear and tear. Further, it is estimated that in FY2017, the global vehicle parc was about 1.3 Billion.

Thus, it can be easily concluded that the growing vehicle parc and production will augment the market of automotive tires. Expansion of the tire industry is expected to fuel the demand for tire materials while the growing fleet size will add to tire replacement activities and indirectly influence the demand for tire materials.

Increasing middle-class population, coupled with rising urbanization in developing countries, is expected to increase the number of vehicle owners as many people will be able to afford vehicles. Apart from this, the increasing youth population has also led to an increase in the sales of automotive, which is a positive sign for the tire materials market.

Also, changing lifestyle and increased standard of living have increased the adoption of high-performance tires as well as branded tires, which is expected to positively impact the tire materials market. The increasing number of vehicle owners will push the growth of both OEM as well as aftermarket segments and thus, the growing demand for tires is expected to boost the tire materials market in the coming period.

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Tire Materials Market by Category

By Material Type:

  • Natural Rubber
  • Synthetic Rubber
  • Fillers
  • Process Chemicals
  • Steel Cords
  • Textile Cords

By Tire Types:

  • Solid Tire
  • Pneumatic Tire
  •  Retreated Tires

By Vehicle Types:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Wheelers

East Asia will Become a Prominent Regional Market for Tire Materials

The global tire industry has been witnessing a shift in tire manufacturing activity, with East Asia and South Asia accounting for more than 50% of tire manufacturing facilities. Easily available raw materials, economic & political stability, and availability of skilled & cheap labor have attracted key tire manufacturers to invest in East Asia and South Asia.

China and Japan are prominent tire manufacturing countries wherein China is estimated to be the leading tire producer and the presence of companies such as Bridgestone Corporation and Yokohama Rubber Company makes Japan a promising tire manufacturing country, owing to which East Asia is estimated to be the prominent market for tire materials.

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North America and Europe tire industries are estimated witness a slowdown in the coming years, due to the increasing competition from Chinese tire manufacturers and their low-ranged products.  However, North America and Europe are anticipated to be potential markets for tire materials, owing to the predominance of key tire manufacturers in the region.

Solvay SA, Lanxess AG, Exxon Mobil Corporation, JSR Corporation, Cabot Corporation, Birla Carbon, and Evonik Industries AG are among the key players identified in the tire materials market.

About FMI

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 6-years.

Contact Us

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