Market Research Blog – Page 10431 – New Product Development

Antibody Therapy Market worth US$ 727.78 Bn by 2032 at a CAGR of 13.2%

With an estimated CAGR of 12.8% during the projected period, the antibody therapy market share is expected to reach US$ 700 Billion by 2032, from US$ 186 Bn in a report published by FMI. The study finds that the rising demand for Humira proportionately reflects on the adoption of antibody therapy.

COVID-19 has caused the world to come to a halt. We know that this health crisis had a significant impact on businesses in all different types of businesses. The pandemic is expected to have an effect on almost every part of the economy. The healthcare industry had a big problem at the start of the supply chain.

Trade growth for mono clone antibody treatment has slowed down for the big players in the market. If you look at the information on monoclonal antibody therapy in the market, it’s broken down into human monoclonal antibody, humanized antibody, a chimeric antibody, and murine monoclonal antibody treatment.

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The human monoclonal antibody segment was in charge of the top spot. The rise in sales and demand for Humira is propelling the antibody therapy market growth. Monoclonal antibody treatment is quickly becoming an effective and remarkable tool for treating long-term illnesses, especially cancer.

The desire for Regeneron IV treatment is becoming stronger, which has led to a rise in the sales of many drugs, including Herceptin and Humira, among others. This has led the biggest pharmaceutical companies to spend more money on research into monoclonal antibody IV treatment.

The pharmaceutical company AstraZeneca is running phase II medical tests on Tezepelumab, which could help treat atopic dermatitis. The antibody therapy market is also expected to be fuelled by people who are in the pipeline for jobs in the near future.

Biosimilars of existing mAb therapeutics are also helping in the antibody therapy market growth since the controlling bodies have given the go-ahead for them to come into the market.

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Key Takeaways:

● Autoimmune disorders will continue to dominate the antibody therapy market throughout the projected period, owing to the global prevalence of rheumatoid arthritis, psoriatic arthritis, Crohn’s disease, uveitis, and juvenile idiopathic arthritis.

● Additionally, the industry is fuelled by the availability of drugs like Humira, a completely human monoclonal antibody authorized by the US Food and Drug Administration for the treatment of rheumatoid arthritis.

● On the other hand, the utilization of IV monoclonal antibody treatment in the treatment of cancer is growing quickly, owing to increased approvals and significant investment in research efforts, which contribute to the segment’s highest CAGR.

● According to end-user, hospitals generate the most income in the market due to rising patient choice in recent years due to the incidence of hospital-associated cases.

● Additionally, manufacturers of these therapeutics manage to expand their products’ access to as many hospitals and patients as possible in order to meet their increased requirements, thereby fuelling segment growth and propelling the global antibody therapy market growth in the forecast period.

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Competitive Landscape

Among other market participants, AbbVie Inc., Amgen, Bristol-Myers Squibb, GlaxoSmithKline plc, Takeda Pharmaceuticals, Eli Lilly and Company, F. Hoffmann-La Roche Ltd., Merck & Co, Inc., Seagen, Johnson & Johnson, Novartis AG, Regeneron Pharmaceuticals Inc., and AstraZeneca are major market participants in the antibody therapy market.

These market participants have implemented a number of strategic activities, including new product launches, acquisitions, and partnerships, which have bolstered their industry presence and assisted them in evolving into big industry players.

● Amgen and AstraZeneca announced the approval and commercialization of TEZSPIRE (tezepelumab-ekko) in January 2022 for the treatment of severe asthma. Such FDA clearance will enable the corporation to diversify its product line and generate significant income.

● Regeneron stated in November 2020 that the US Food and Drug Administration (FDA) had granted an Emergency Use Authorization (EUA) for its antibody cocktail casirivimab and imdevimab designed for COVID-19 therapy. This clearance boosted the company’s revenue generation and aided in its acquisition of considerable market share.

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Form Fill Seal Machine Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2022 – 2032

According to Future Market Insights research, during the projected period, the global form fill seal machines market is set to enjoy a valuation of US$ 11.5 Bn in 2022, and further expand at a CAGR of 4.5% to reach US$ 17.9 Bn by the year 2032. The form fill seal machines sales are projected to increase with the top 5 providers holding 20-25% of the global form fill seal machines market in 2021.

Based on the packaging types, the bottles FFS machines segment is anticipated to remain the lucrative segment for the global form fill seal machines market. The reason behind the same is the rising adoption of rigid packaging solutions in the end use industry.

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The global form fill seal machines market forms around 18-20% of the global packaging machinery market which is worth US$ 58 Bn in 2021.

According to the FMI analysis, the form fill seal machines market value reached US$ 11 Bn in 2021 and is anticipated to reach US$ 17.9 Bn by the end of the next ten years, registering a CAGR of 4.5% during the forecast period. The sales of form fill seal machines will fuel with the top 3 countries projected to hold 30-35% of the global form fill seal machines market by the end of 2022.

The form fill seal machines market is projected to gain a positive growth outlook by the end of 2022. A new forecast by FMI anticipates that form fill seal machines sales will propel during the forecast period and is anticipated to create an incremental growth opportunity of US$ 6.4 Bn.

The surge in demand for integrated and single packaging machines functioning a variety of functions by the end use industry industries is estimated to supplement the sales of form fill seal machines during the forecast period. The form fill seal machines market is projected to expand 1.6 times the current market value during 2022-2032.

The Europe and North America regions are anticipated to hold the major portion of the global form fill seal machines market due to the expanding food & pharmaceutical industry in these regions along with the adoption of advanced technologies in these regions.

The global form fill seal machines market expanding at a CAGR of 4.0% during 2016-2021. The global form fill seal machines market reached US$ 11.0 Bn by the end of 2021.

In the traditional era, manufacturers and packers/end use industry had to pack their goods separately, increasing the packing cost of the packers/end use industry and the cost of the goods. Packers need to buy more machines for various tasks, but as a result of continuous innovation and research, form fill seal machines are made available which are best suitable for the final packaging that solves all packer’s problems. Form fill seal is a machine that is used to increase the productivity and accuracy of the packaging which is a solely automatic machine. It is widely used in food, beverages, pharmaceuticals, and other end use industries.

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The form fill seal machines offering the three combined functions that are forming, filling, and sealing gain traction in the end use industry due to their low operating cost and ability to form, fill, and seal a variety of packaging formats with different sizes. The versatility and high speed offered by the form fill seal machines gains popularity in the market. The expanding food industry along with increasing consumption of packed food is the major driver augmenting the sales of form fill seal machines. Overall, the form fill seal machines market is anticipated to expand at a faster pace during the forecast period.

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Interventional Radiology Market will reach a value of US$ 42.7 Billion by 2032, at a CAGR of 5%

[304 Pages Report] According to the exclusive report of Future Market Insights (FMI), the global interventional radiology market is expected to grow at a CAGR of 5.4% during the forecast period by going up from US$ 24.9 Bn in 2021 to US$ 44.5 Bn market in 2032.

With the increasing cases of several chronic diseases worldwide there has been a growing demand for advanced treatment procedures by the help of Scanners and X-ray vision technologies. These type of interventional radiology glasses and devices not only help in effective treatment of diseases by provide a better scope of early diagnosis rendering it a growing market in recent years.

Introduction of interventional radiology in every level of healthcare facilities has provided the requisite impetus for the rapid growth of interventional radiology that can be witnessed in developing countries as well.

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As the non-emergency medical services were abruptly halted during the outbreak of Covid-19 Mandeville in 2020 it had some negative impacts on the growing demand for interventional radiology devices installations.

However, the later discovery of seriousness associated with co-morbid diseases the global interventional radiology market surged with rising introduction of interventional radiology in new healthcare and medical facilities. In the post-pandemic years the application of radiology equipment has grown favouring the interventional radiology service providers.

Several devices equipped with modern technologies such as X-ray systems, MRI Scanners, CT Scanners and other type of medical imaging equipment have dominated the health care sector in recent days.

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Key Takeaways

By 20221, Cardiology Segment was valued at US$ 7.7 Bn in terms of revenue contributed the global interventional radiology market.
The Gastroenterology segment is poised to record a higher growth projection during the forecast years reaching a value of more than US $ 2 Bn by 2028.
Among several procedures angioplasty segment will expected to grow at a CAGR of 5.8% during the forecast period.
US market dominates the interventional radiology for medical students having a net worth of more than US$ 8 Bn.
In Europe, Germany is the prominent region for the interventional radiology market players valued at US$ 1.5 Bn in terms of revenue generated.

Competitive Landscape

Carestream Health Inc., Hologic Inc., GE Healthcare, Fujifilm Corporation, Samsung Healthcare (Samsung Electronics Co., Ltd.), Shimadzu Corporation, Siemens Healthineers, Canon Medical Systems Corporation, and Olympus Corporation are some of the prominent players of the global interventional radiology market covered by the market analysis report.

A large number of local players have occupied the market by supplying equipments related to interventional radiology for medical student’s requirements.

In the field of ultrasound, digital radiography and computed tomography Samsung Healthcare, a subsidiary of Samsung Electronics Co., Ltd, launched a premium product for diagnostic imaging solutions in December 2020. This initiative for ultrasound guided interventional procedures carried out at Radiology Society of North America (RSNA) 2020 assisted the company in expanding their product portfolio in North America and beyond.

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Canon Medical launched an upgraded product under the Aquilion ONE/PRISM Edition by the name of One-Beat Spectral Cardiac CT in November 2020. THE Aquillion Edition assisted with deep learning spectral capabilities is a major development in the field of cardiac exam and after interventional radiology glasses.

GE Healthcare division of General Electrical Company launched an advanced ultrasound system by the name of LOGIQ E10 in March 2018. This system has been equipped with comprehensive tools that can provide treatment for a wife range of diseases and remote control applications to improve efficiency.

Key Segments

By Product:

MRI Systems
CT Scanners
Ultrasound Imaging Systems
Angiography Systems
Others

By Procedure:

Angioplasty
Biopsy
Embolization
- Peripheral Embolization
- Prostatic Artery Embolization
- Genicular Artery Embolization
- Fibroid
- Others
Thrombolysis
Vertebroplasty
Nephrostomy
Interventional Oncology
MSK Intervention
Others

By End User:

Hospitals
Clinics
Ambulatory Surgical Centres
Others

By Application:

Cardiology
Oncology
Urology
Gastroenterology
Obstetrics
Gynaecology
Others

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ePharmacy Market to be worth US$ 177.7 Billion by 2026 | CAGR of 16.5%

[311 Pages Report] According to a recent study done by FMI, the ePharmacy market is expected to reach US$ 329.83 billion by 2032, up from US$ 69.8 billion in 2021, expanding at a high CAGR of 16.5%. This study explains how  the ePharmacy market is directly proportional to the increasing penetration of internet-based pharmacy in the world market coupled with rising awareness of epharmacy amongst the common masses.

Easy purchasing, availability of a range of medications and quality medical services on the internet is holding up the customer preferences and shifting them to e pharmacy platforms.  

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A large number of smartphone sales and spreading awareness about the concept of epharmacy. The rising geriatric population base that suffers from chronic diseases and staying in remote areas increases sales through ePharmacy. This also affects the e-pharmacy market in India as sales of smartphones are increasing here as well. 

Lucrative offers, high discounts, and easy accessibility help end users navigate and order medicines easily, part of the ePharmacy business model. This drives the global market and increases sales through epharmacy. 

With the increasing accessibility of e-commerce and the online industry, the availability of medicines is also rising as multiple vendors (B2C and B2C) are getting a space online. This provides these vendors with a better space to sell their products.  

“The major challenge with ePharmacy market is rising number of illegal vendors online that decrease the credibility of online sources. Also, risks associated with counterfeit drugs are downgrading the marketing. To prevent these illegal vendors, e pharmacy regulations are there in every country.”

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Key Takeaway

The government initiatives and e pharmacy regulations support and control digital technology to improve the space and its functionality. Several industry players get benefitted from the government awareness programs. 
North America dominates the market as it holds more than 35% of the global epharmacy market. The factor behind the excessive growth is the extreme internet penetration amongst the American population. 
epharmacy businesses design their product profile and marketing campaign with the prescription portal attached to it that makes customers interact with the website easily and upload the prescription without a hitch. 
63% of the world’s population is on the internet and interacts with eCommerce websites daily which directly proliferates the market growth.

The global epharmacy market is segmented by product type that is further segmented into OTC products and prescription medicines. 
The biggest segment by the product type category is OTC products. These products are in high demand because of the easy access and low hassle processes.

Competitive Landscape

The Walgreen Company dominates the global ePharmacy market, Express Scripts Holding, CVS Health, DocMorris, Giant Eagle, Wal-Mart Stores, OptumRx, PharmEasy, 1mg and Netmeds. These companies are adopting new digital channels and processes to increase their stronghold in the ePharmacy market.

In 2021, PharmEasy  initiated the takeover of MedLife to expand the deliverables and stronghold in India.

Lately, Express scripts have launched a new program named Express Scripts Parachute Rx that offer price discounts on multiple products.

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Key Market Segments

By Product Type:

OTC products
Prescription medicine

Explore Wide-ranging Coverage of FMI’s Healthcare Landscape

Pharmacy Automation Systems Market

Blood Warmer Devices Market

Hydrokinetic Fibre Dressings Market

Pharmacy Refrigerators Market

Pharmacy And Drug Store Franchises Market

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Heat Transfer Paper Market 2022 – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

Heat transfer paper acts as a three-layer coated substrate that releases ink/ colour to transfer the print over the paper, textile or other items. It is widely used in printing applications on clothing and apparel, stationery, consumer goods and other items.

For environmentally challenging applications, where apparel and clothing must withstand sunlight and heat, heat transfer paper are an excellent choice. They have heat and moisture resistance, high adhesiveness, and tear resistance; they also have a soft, flawless finish, excellent printability, high thickness, are waterproof, and are durable.

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Heat Transfer Paper Demand Analysis (2016 to 2021) Vs Market Outlook (2022 to 2032)

The global heat transfer paper market is expected to accumulate US$ 580.6 Million in value by 2022-end. During the forecast period ranging from 2022 to 2032, a CAGR worth 4.2% has been projected for the market. During the 2016-2021 historical period, the industry grew at a value CAGR worth 3.1%.

Growth of the textile/apparel industry is the key contributor to heat transfer paper market. Moreover, technological advancements in printing formats have created simple procedures for firmer prints on apparels. Furthermore, the demand for sustainable heat transfer paper is expected to create lucrative opportunities for the market.

Which are Some Prominent Drivers of Heat Transfer Paper Market?

Automation and customization contributing to market growth

Automation in the printing industry is leading to the up-gradation of printers and printing accessories. This is positively impacting the quality of printing. Increasing demand for printed garments with a growing number of online businesses selling customized garments is expected to fuel the demand for heat transfer paper in the global market.

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Increasing demand for customized printing and usage of e-commerce is boosting the market for heat transfer paper. 20%-30% increase in printer revenues are observed by the major printer manufactures, this is expected to boost the sales of heat transfer paper.

Environmentally friendly heat transfer paper sales gaining popularity

Increasing demand for inkjet and laser printers is expected to uplift the demand for the heat transfer paper market during the forecast period. Eco-friendly, non-toxic heat transfer papers are expected to take the front seat in growth and shape the market for the product. Sustainable ink with environment-friendly printers is demanded by the customers which allow clear printing of vivid colours on fabrics.

Polypropylene and fumed silica are used in toners used in printers which aren’t good for the environment. Usage of sustainable and eco-friendly ink for the printer is another trend that is having a deep impact on heat transfer papers.

What are the Challenges Faced by the Heat Transfer Paper Market?

Heat transfer papers making apparels stiff

Larger printing of apparels is not only expensive but also time consuming. In addition, fading of prints after several washes is a key concern for the textile and heat transfer paper industry. Moreover, stiff nature of prints makes the fabric firm. This, in turn, makes washing of clothes difficult. In certain cases, ironing prints can damage the same, leaving the clothes look untidy. All these factors are restraining the growth of heat transfer paper market.

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Region-Wise Insights

Textile Industry Bolstering Growth of Heat Transfer Paper in North America?

Product innovations contributing to market growth in North America

According to the International Trade Administration (ITA), and the U.S. Department of Commerce, the U.S. textile and fabric industry is one of the most significant sectors in the country with almost US$ 70 Bn when measured by value. The industry has subsectors like yarns, nonwovens, speciality fabrics, protective apparel and fashion apparel which are responsible for the industry growth. The growing industry in the U.S. is responsible for shaping the heat transfer paper market.

The U.S. is considered to be a key market player in the industry and is expected to shape the product market with product innovation. New-found applications and printing materials are expected to further boost the overall market growth for heat transfer paper. Thus, North America is expected to hold 26% market share for heat transfer paper market in 2022.

End User Industries Creating Lucrative Opportunities for Heat Transfer Paper Market in Europe?

Alternative production methods spurring the use of heat transfer papers in Europe

The increasing adoption of thermal paper in Europe in various end-uses such as supplement packaging and labeling and the gaming industry is positively influencing the growth of the heat paper transfer market. In addition, the rising focus on sustainable products in Europe is expected to affect the production and use of thermal paper in the region as manufacturers shift focus towards alternative production methods.

Furthermore, the regulations set by governing bodies in Europe will help in the adoption of eco-friendly coatings such as powder and waterborne in the production of thermal paper. Thus, due to the aforementioned reasons, Europe is expected to possess 20% market share for heat transfer paper market in 2022.

Category-Wise Insights

Digital Printing Maximizing Use of Sublimation Printing?

Customization and inexpensive nature attracting end user industries to use sublimation printing

Changing global printing industry is bringing dynamic revolutions in the sublimation printing marketspace. Growing demand for digital printing and customizations by customers is helping manufacturers to offer a wide-ranging variety of products at lower costs.

Technological advancements in printing machinery and equipment are also helping the sublimation printing to deliver goods in lesser time and bulkier quantities. Thus, by printing, sublimation printing is expected to hold 40% market share for heat transfer paper market.

Market Competition

Key players in the heat transfer paper market are Neenah Coldenhove, Felix Schoeller Group, One Step Papers LLC, Miroglio Group, PG Paper Company, Stahls’ Transfer Paper Experts, Neenah performance Materials, Guangzhou Elephant Digital Technology Co. Ltd, Atul Paper Pvt. Ltd., Pudumjee Paper Products, GI Paper Coaters, Paper N Films International among many others.

One Step Papers LLC, a key player in the heat transfer paper market is focusing on offering sublimation printing. Thus, the company provides dye sub flock, dye sublimation paper and subli cotton.
Imaging Supplies Warehouse (ISW) located in Missouri, U.S. was appointed as a distributor of Neenah Coldenhove for U.S. in June, 2020.

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Data Center Infrastructure Management Market is Expected to Reach US$ 5.6 Billion by 2032 | Report by FMI

The Data center infrastructure management market size is expected to reach US$ 2 billion in 2022 registering a CAGR of 10.7% from 2022 to 2032. Energy efficient data centers are expected to exceed US$ 5.6 billion by the end of 2032. Business has been experiencing an unprecedented data revolution since the recent boom in digital technology and transformation regarding storage, performance, security threats, and methods of communication.

With the adoption of internet-enabled devices over the years, the demand for data centers in various regions will continue to rise. With the rapid growth in development, the construction of data centers has increased significantly, increasing the need for DCIM solutions and services in the market. Furthermore, with the growing demand for green initiatives, government agencies across the region are working on new laws that will result in a reduction of carbon emissions, increased efficiency in energy usage, and so on.

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Key Takeaways:

On-premises deployment model data center infrastructure management segment to expand at a CAGR of 10.7% during the forecast period
The U.S. market is expected to reach US$ 2 Billion by 2022, growing at a CAGR of 10.5% by the end of the forecast period.
A growing number of IT sector businesses in China are expected to grow at a CAGR of 10% between the period of 2022-2032.
Data center infrastructure management had an absolute value of US$1.8 billion dollars in previous years.
With the increasing expansion of data centers in Japan, the market is expected to grow at a CAGR of 9% over the forecast period.

Data Center Infrastructure Management Market Landscapes

End users will reap the benefits of new technologies as new locations and technologies of data centers are introduced. One of the potential benefits of a strategic partnership is the ability to expand the company’s operational capabilities. Security breaches and data losses in the market can be reduced by providing businesses with smart and dynamic data centers.

In February 2022, Web Werks, an Indian data center company, will launch a new facility in Bengaluru. A new data center is being built by the company in Whitefield, its first in the state of Karnataka. It is projected that the first phase of delivery will be completed in Q4 2022. The building will provide 110,000 square feet of colocation space, 20 MVA of gross power, and 10MW of IT capacity when fully constructed.
In July 2021, an investment fund with a focus on Eastern Europe is planning to allocate more than €1 billion ($1.9 billion) to spend on digital infrastructure in the region. Investments in critical infrastructure in Central and Eastern Europe (CEE) will be carried out by the Three Seas Initiative Investment Fund (3SIIF), which was established in 2019. With specific attention being paid to the Three Seas region as well as the 12* countries that border the Baltic, Adriatic, and Black seas. In addition to renewable energy, it has recently invested in digital infrastructure and railways.

More Valuable Insights Available

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

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Key Segments Covered in the Data Center Infrastructure Management Market Report

Data Center Infrastructure Management by Component:

Solution Data Center Infrastructure Management
Services Data Center Infrastructure Management

Data Center Infrastructure Management by Application:

Asset Management Data Center Infrastructure Management
Capacity Planning Data Center Infrastructure Management
Power Monitoring Data Center Infrastructure Management
Environment Monitoring Data Center Infrastructure Management
BI and Analytics Data Center Infrastructure Management
Others (Automated Workflow and Change Management, and Auditing and Reporting)

Data Center Infrastructure Management by Deployment Model:

On-premises Data Center Infrastructure Management
Cloud Data Center Infrastructure Management

Data Center Infrastructure Management by Data Center Type:

Enterprise Data Center Data Center Infrastructure Management
Managed Data Center Data Center Infrastructure Management
Colocation Data Center Data Center Infrastructure Management
Cloud and Edge Data Center Data Center Infrastructure Management

Data Center Infrastructure Management by Vertical:

Data Center Infrastructure Management for BFSI
Data Center Infrastructure Management for Government and Public Sector
Data Center Infrastructure Management for IT and ITeS
Data Center Infrastructure Management for Manufacturing
Data Center Infrastructure Management for Healthcare and Life Science
Data Center Infrastructure Management for Telecommunications
Data Center Infrastructure Management for Others (Retail and E-Commerce, Education, and Media and Entertainment)

Data Center Infrastructure Management by Region:

North America Data Center Infrastructure Management
Europe Data Center Infrastructure Management
Asia Pacific Data Center Infrastructure Management
Middle East and Africa Data Center Infrastructure Management
Latin America Data Center Infrastructure Management

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Customer-To-Customer (C2C) Community Marketing Software Market to Hit US$ 2.8 Billion by 2032 | FMI

The global customer-to-customer community marketing software market is expected to garner a market value of US$ 1.6 Billion in 2022 and US$ 2.8 Billion by 2032 while recording a CAGR of 6.2%. The growth of the market can be attributed to the increasing public engagement and surging importance of community engagement platforms across the globe. Also, with the rising ownership of smartphones, the industry is likely to benefit.

Furthermore, the surged popularity of online auctions has enhanced the market size. Benefits offered such as; larger reach, more buyers, and cost-effectiveness, among others, are likely to support the market expansion. Integration of artificial intelligence in the C2C community marketing software is expected to offer various opportunities to the market. Also, with the presence of various startups, the market is likely to flourish in the assessment period.

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For instance, in April 2022, a Nashville-based firm, known as Crank Farm, rolled out a social auction platform that focuses on cyclists who want to sell or buy performance bicycles. On the contrary, risks associated with fraudulent activities in C2C marketing platforms are likely to hamper the market in the forecast period. However, the implementation of stringent laws in several countries, such as Australia, is expected to act as a significant counter, which can benefit the industry in the coming time.

Key Takeaways from the Market Study:

The cloud-based segment to expand at a CAGR of 6.1% during the forecast period
The U.S market size to reach US$ 1 Billion by the end of the 2022-2032 forecast period
Market in UK to expand at a CAGR of 4.8% from 2022 to 2032
Japanese market to record a CAGR 4.5% in the assessment period
Market in South Korea to exhibit a CAGR of 4% from 2022- to 2032
The retail and e-commerce segment to exhibit a growth rate of 5.7% during the assessment period

Competitive Landscape

Players in the market are focusing on expanding their reach across the globe through various strategies such as; acquisitions, partnerships, and product launches, among others. Some of the key players in the market include Meta, Bevy, LinkedIn Corporation, Tribe Technologies Inc., and Meetup Pro. Key developments in the sector are:

In July 2021, Bevy, a US-based firm that focuses on enabling businesses to build community, acquired Eventtus. Eventtus is an Egyptian startup, which creates even apps that enable organizers to engage attendees. Customers will experience benefits such as a white-labeled community event engine, ticketing, and registration that is fully integrated and powered by a matchmaking algorithm, and interactive sessions that offer Q&A, polls, and reactions.
In February 2022, LinkedIn acquired Oribi, a Tel-Aviv-based marketing analytics company. The initiative was taken in an effort to offer a more comprehensive suite of marketing solutions to businesses. It was LinkedIn’s first-ever Israeli acquisition.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global customer-to-customer community marketing software market, presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Profiled In The Customer-To-Customer (C2C) Community Marketing Software Market Report

C2C Community Management Software Market by Type:

On-Premises C2C Community Management Software Deployment
Cloud-based C2C Community Management Software Deployment

C2C Community Management Software Market by Application:

C2C Community Management Software in Retail and e-Commerce
C2C Community Management Software in Health and Life Sciences
C2C Community Management Software in BFSI
C2C Community Management Software in Transport and Logistics

C2C Community Management Software Market by Enterprise Size:

C2C Community Management Software for Small and Medium Enterprises
C2C Community Management Software for Large Enterprises

C2C Community Management Software Market by Region:

North America C2C Community Management Software Market
Europe C2C Community Management Software Market
Asia Pacific C2C Community Management Software Market
Middle East and Africa C2C Community Management Software Market
Latin America C2C Community Management Software Market

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https://bresdel.com/blogs/249662/Call-Center-AI-Market-2022-Key-Players-SWOT-Analysis-Key

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Landing Page Builders Market Set to Witness an Uptick Size US$ 1.9 Billion to 2032 | FMI

The landing page builders market has seen significant expansion and is projected to continue to do so in the coming years. The rise in demand for online web portals for businesses is a major driver driving the landing page builders market’s expansion. Landing Page Builders Market is set to enjoy a valuation of US$ 490 Mn in 2022, expand at a CAGR of 14.3% to reach US$ 1.9 Bn by the end of 2032.

The growing demand to connect people online and easily distribute relevant material has had a significant influence on the operational process of the landing page builders market. Furthermore, the increased need for e-commerce platforms, which provide consumers with a variety of functions, has generated a big market for landing page builders.

Smartphone use is expanding, and internet penetration is increasing over the world, which are two important factors influencing landing page builders market development.

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Major landing page builders market players all around the world are capitalising on this trend by developing cutting-edge landing page builder’s tools and platforms. Another important element driving the landing page builders market is the growing popularity of the e-commerce industry.

Many global customers prefer online shopping over in-store or store-based buying for a variety of reasons, including the growing number of mobile users, the convenience of shopping online, the great range of alternatives accessible on online platforms, and so on. Furthermore, technical improvements in the market have generated a profitable landing page builders market growth potential.

Individuals, SMEs, and Large Enterprises are the three types of end users in the landing page builders market. The biggest landing page builders market share was held by Large Enterprises.

A huge corporation just cannot afford to remain absent from the internet. They recognise the importance of making an impression in the cyber world since it extends their client base, enhances their income streams, and lowers their marketing costs hence a high demand for landing page builders market is witnessed.

The highest landing page builders market share was held by the United States, which is expected to increase at a CAGR of 14.1% over the projection period. As compared to Europe and certain areas of Asia, industries in this region have more freedom in terms of expansion and innovation.

However, several sectors in North America have reached saturation, necessitating the development of new methods in order to overcome landing page builders market inadequacies.

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KEY TAKEAWAYS:

In the United States, the market for landing page builders is estimated to reach US$ 664.5 million by 2032, increasing at a CAGR of 14.1% throughout the research period.
By 2032, the UK landing page builders market is expected to be valued US$ 77.6 million, growing at a CAGR of 13.2%.
With a CAGR of 13.7% during the research period, China is expected to reach a market size of US$ 135.6 million in landing page builders by 2032.
By 2032, Japan’s market for landing page builders is estimated to be worth US$ 111.9 million, with a CAGR of 12.9% during the research period.
With a CAGR of 11.8% during the research period, South Korea is predicted to reach a market size of US$ 63.9 million in landing page builders by 2032.
In the type sector, the cloud-based landing page builders market is expected to grow at the fastest rate of 14%.
Large enterprises are expected to develop strongly in the application category of the landing page builders market, with a CAGR of 13.6%.

COMPETITIVE LANDSCAPE:

Wix, Squarespace, GoDaddy, Mono Solutions, Web.com, Shopify, Ecwid, WordPress.Com, Webflow, Basekit, Unbounce, Instapage, Weebly, Zoho Sites, Jimdo, Yola, Duda, Camilyo, Bigcommerce are the leading participants in the landing page builders market.

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Key segments

By Type:

On-Premises
Cloud

By Application:

Large Enterprises
SMEs

By Verticals:

Business Services
Hospitality
Retail
Education
Advertising & Marketing

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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Customer Journey Mapping Software Market Worth US$ 48.5 Billion By 2032 | CAGR 16.3% – By FMI

According to a recent study by Future Market Insights, the customer journey mapping software market is expected to reach US$ 48.5 Billion by 2032, up from US$ 10.7 Billion in 2022, expanding at a high CAGR of 16.3%. This study explains that customer journey mapping is just as essential for SMEs enterprises as it is for larger companies. Customer prospects are changing for all businesses, regardless of size – customers demand an Omni-channel methodology to customer service, marketing, and sales.

The market is primarily driven by the increasing adoption of journey mapping software by all types of enterprises. There is augmenting demand for lead conversion amongst enterprises point of interaction between customers and business need to be increased. By using customer journey mapping software, the rate of conversion, as well as the profit, will develop, thus lead conversion amongst enterprises will foster the growth of the global Customer Journey Mapping Software Market. The customer journey mapping software is one such program, which aligns the organization’s goals and objectives with its customer. This is also anticipated to boost the market growth over the analysis period.

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In addition, with proliferation of machine learning capabilities in behavioral analytics, the new generation of data unification tools will make the daunting task of data synchronization cost efficient, fast, and relatively pain-free. In-the-moment engagement models will lead the customer journey analytics SaaS platforms to deliver comprehensive real-time touchpoint integration with minimal investment. Furthermore, cross-channel journey analytics with launch of advance application such as chatbot, virtual assistants, and others, is further expected to boost the growth of the market in the near future.

Key Takeaways from the Market Study

Global customer journey mapping software market was valued at US$ 10.7 Billion by 2022-end
The U.S to account for the highest value share of US$ 17.3 Billion of global market demand for customer journey mapping software in 2032
From 2015 to 2021, customer journey mapping software demand expanded at a CAGR of 17.8%
By offering, customer journey mapping software solutions to expand at a CAGR of 16%

Competitive Landscape

Players in the global Customer Journey Mapping Software Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

In January 2021, NICE introduced new integrated features between NICE inContact CXone and Microsoft Teams in January 2021, enabling real-time recording and compatibility with a variety of connected applications. Customers will be able to secure every interaction utilizing global, carrier-grade voice services as a result of the deployment of new capabilities.
In December 2020, Genesys launched Genesys Digital, a new business segment, which will focus on enabling businesses to keep up with customers’ growing preferences for digital involvement throughout the customer experience, whether through webchat for an inquiry, SMS appointment scheduling, or chatbot support.

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Know More about What the Customer Journey Mapping Software Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Customer Journey Mapping Software Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032.

Key Segments Covered In The Customer Journey Mapping Software Industry Analysis

Customer Journey Mapping Software by Offering:

Customer Journey Mapping Software Solutions
Customer Journey Mapping Software Services

Customer Journey Mapping Software by Organization Size:

Customer Journey Mapping Software for Small and Medium Enterprises
Customer Journey Mapping Software for Large Enterprises

Customer Journey Mapping Software by End User:

Customer Journey Mapping Software for BFSI
Customer Journey Mapping Software for Retail and Consumer Goods
Customer Journey Mapping Software for Media and Entertainment
Customer Journey Mapping Software for Healthcare and Pharmaceutical
Customer Journey Mapping Software for Automotive
Customer Journey Mapping Software for IT and Telecommunication

Customer Journey Mapping Software by Platform:

Web-based
App-based

Customer Journey Mapping Software by Region:

North America Customer Journey Mapping Software Market
Latin America Customer Journey Mapping Software Market
Europe Customer Journey Mapping Software Market
Asia Pacific Customer Journey Mapping Software Market
Middle East and Africa Customer Journey Mapping Software Market

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https://www.spoke.com/topics/distributed-antenna-systems-market-by-system-type-by-end-user-by-region-industry-analysis-and-forecast-2022-2032-63357fc4fc7286f9ae02e43c

https://www.hometalk.com/posts/distributed-antenna-systems-market-research-report-2022-2032-44519969

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Peer-to-Peer Lending Market Size Predictions : US$ 1.3 Trillion by 2032 – Report by FMI

The growth of the market can be attributed to cheap operating costs and lessened market risk for lenders and borrowers. Increased digitization in the banking sector is expected to offer significant market opportunities to the market in the forecast period. The global peer-to-peer lending market is estimated at US$ 1.3 Trillion by the end of 2032 from US$ 407.2 Billion in 2022. The market is likely to exhibit a CAGR of 12.7% from 2022 to 2032.

Also, with the enhanced popularity of P2P lending, various end-users, such as real estate, are using it efficiently. In addition, increased initiatives by players to collaborate are expected to benefit the market in long run. For instance, in May 2022, Fable Fintech, an eminent banking infrastructure enterprise, announced its strategic partnership with XeOPAR. XeOPAR is ready to make the most of the Fable Growth Suite (Retail) by establishing its first P2P remittances corridor from the United Kingdom to India, among others in SE Asia, East Africa, West Africa, the USA, Singapore, and the Middle East.

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Owing to such initiatives, the market is anticipated to expand significantly in the forecast period. On the contrary, risks associated with peer-to-peer lending are expected to limit the market growth in the forecast period. Also, with less awareness about P2P lending, the market is expected to suffer. However, with rising development in APAC along with the increasing number of small business entities, the market will counter the inhibiting factors, thus, supporting the industry expansion.

Key Takeaways from the Market Study:

Market in the U.S to value US$ 568.2 Billion by 2032
Chinese market to expand at a CAGR of 11.3% from 2022- to 2032
By end-user, the small business segment is expected to exhibit a CAGR of 10.3% during the assessment period
The marketplace lending model segment to exhibit a CAGR of 12.9% in the assessment period
Market in France to garner US% 39.7 Billion by 2032
S to exhibit a CAGR of 14% from 2022 to 2032

Competitive Landscape

With the help of alternative distribution channels such as online sales, Players in the global peer-to-peer lending market are focusing to enhance their market presence across the globe. Major players in the market include Prosper Marketplace, Inc., LendingClub Corporation, CommonBond Inc., Funding Circle Limited, and Upstart Network Inc. among others.

In August 2021, CRED, an eminent player in the peer-to-peer lending market rolled out a new peer-to-peer lending platform called CRED Mint. It can be used as a cred-card repayment platform, and it allows members to earn interest on money by lending to other high-earning consumers.
In January 2021, LendingClub, an eminent peer-to-peer lending market player, announced the acquisition of Radius Bancorp, Inc, and its digital bank subsidiary to expand the revenue of the company.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global peer-to-peer lending market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Profiled in the Peer-to-Peer Lending Market Analysis

Peer-to-Peer Lending by End User: