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Digital Kiosk Display Market Size & Industry Trends Report for 2022 – 2032 | Report by FMI

The Digital Kiosk Display Market is likely to register a CAGR of 9% during the forecast period and is anticipated to reach a market share of US$ 49.32 Bn by 2032, from US$ 20.83 Billion in 2022.

The increasing penetration of these digital technologies creates potential growth opportunities for the digital kiosk display market. Also, the rapid advancement in technology and its high impact on the people, economically and socially, has led to the wide adoption of digital devices such as digital kiosk displays.

Digital Kiosk Display provides a large pool of opportunities for retailers to engage and acquire new customers and reduce operational costs with various other benefits that have a constructive impact from a revenue and margin perspective.

Various companies from different regions are widely adopting digital kiosk displays to capture the human response through digital advertising campaigns displayed on digital kiosks displays.

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The digital kiosk display acts as an eye-catching medium to display advertisements and interact with humans for online surfing, shopping, payment of a bill, and other applications.

The increasing penetration of smart devices along with the increasing penetration of digital technologies for the interaction of customers and to educate them about the details of the product are some of the key factors driving the growth of the digital kiosk display market along with demand for digital kiosk display and sales of digital kiosk display.

Furthermore, the increasing connectivity between the kiosks and the clients and the adoption of patient self-service kiosks in the healthcare industry are the key factors propelling the digital kiosk display market’s growth and demand for digital kiosk display as well as sales of digital kiosk display.

What are the Key Drivers for the Digital Kiosk Display Market?

Digital kiosk displays are very compact and easy to use, with the display size as small as 32 inches.

The increasing adoption of digital kiosk displays to display many custom templates precise to the need of the customers is among the significant factors driving the growth of the digital kiosk display market, together with the demand for digital kiosk displays and sales of digital kiosk displays.

The advanced functionality of digital kiosks, such as cloud computing, allows numerous kiosks to be managed from a remote location, and therefore, due to these factors, the demand for digital kiosk displays is expected to increase rapidly during the forecast period with the sales of digital kiosk display.

What are the Restraints for the Digital Kiosk Display Market Players?

One of the major factors hampering the growth of digital kiosk display market share is that digital kiosk is susceptible to cyber-attacks that can hack users’ information, such as contact details and credit card/ debit card credentials.

Such factors restrict the users from adopting the digital kiosk and ultimately hamper the growth of the digital kiosk display market.

Also, the high implementation cost of digital kiosk displays due to costly infrastructure and licensing are some of the significant factors which may limit the growth of the digital kiosk display market and hamper the sales of digital kiosk displays, which eventually result in dipping demand for digital kiosk display.

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What is the Regional Outlook of the Digital Kiosk Display Market?

Based on geography, North America is expected to be the most prominent digital kiosk display market share due to various critical digital kiosk display providers in the region and the early adoption of advanced technologies in countries of the region.

The digital kiosk display market in Europe and the Asia Pacific is expected to witness high growth during the forecast period due to the rising digitalization trend and the increasing penetration of smart devices in various industries, resulting in surged demand for digital kiosk display and sales of digital kiosk display.

Moreover, the increasing investment by various retailers in developing countries such as India and China towards the adoption of digital technologies for business expansion is one of the major factors driving the growth of digital kiosk display market share and demand for digital kiosk display and sales of digital kiosk display.

Latin America and Middle East & Africa are also expected to create potential growth opportunities in the digital kiosk display market due to the rising disposable incomes in countries of the region and increasing penetration of internet and smart devices in the regions.

What is the Competitive Outlook of the Digital Kiosk Display Market?

Some of the key players operating in the digital kiosk display market are Kiosk & Display Company, Intel Corporation, Olea Kiosks, Inc., Meridian kiosks, Xiphias Software Technologies, Verizon Communications Inc., Xtreme Media Pvt. Ltd., CIVIQ Smartscapes LLC, KIOSK Information Systems, and Livewire Digital Ltd.

Recent Developments:

August 2021- NCR Corporation decides to enter a definitive agreement to acquire LibertyX, which is a leading cryptocurrency software provider.
October 2019- Olea Kiosks developed the Franklin Bay Kiosk as the new addition to the company’s line of self-service offerings. This kiosk is able to handle all different kinds of payments.

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KEY SEGMENTS

Segmentation of the Digital kiosk display Market Based on Product Type:

Interactive Video Walls
Interactive Kiosks
Interactive Whiteboard
Digital Posters
Others

Segmentation of the Digital kiosk display Market Based on Panel Size:

<32 inches
32 inches – 64 inches
>64 inches

Segmentation of the Digital kiosk display Market Based on Verticals:

BFSI
Travel and Hospitality
Retail & Wholesale
Sports and Entertainment
Transportation
Healthcare
Education
Others

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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 10-years.

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Skin Replacement Market Size US$ 1,202.2 million in 2024 | FMI Research

Skin Replacement Market Overview

[250 Pages Report] The skin replacement market size is expected to increase at a 6.4 percent CAGR from US$ 838.0 million in 2018 to US$ 1,202.2 million in 2024. The rising frequency of dermatological disorders is a major driving force for the demand for skin replacement.

The primary growth drivers for the skin replacement market during the study period are predicted to be an increase in global life expectancy, advancements in skin replacement technologies, and increased healthcare spending.

The rising number of burn patients is another important factor driving the skin replacement market share forward. According to research published by the World Health Organization, the bulk of the 180,000 global deaths related to burn injuries each year occur in low and middle-income nations.

In nations like Egypt, Bangladesh, Pakistan, and Colombia, many children with burns become crippled as a result of the severity of the condition and inadequate medical care. Skin replacement and substitute goods are extremely beneficial in the treatment of burn wounds.

Geographically, North America dominated the skin replacement market, owing to world-class healthcare infrastructure, sophisticated facilities, increased awareness, increased technological penetration, and increased citizen spending on healthcare. Europe and Asia-Pacific had the second and third largest demand for skin replacement, respectively.

Asia Pacific is expected to have the fastest growth in rising demand for skin replacement owing to the broadening healthcare systems, rising expenditure, public programs, and increasing human awareness, as well as a growing medical tourism business in developing countries like China and India.

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How is the Skin Replacement Market Characterized?

Skin is the largest organ in the human body which is highly dynamic in nature. It is composed of two layers; the outer layer called the epidermis and the inner layer called the dermis. Its network of nerves, blood vessels and cells thus act as protective armor. It serves the body in diverse ways. It’s of paramount importance owing to its protective functionality.

The skin’s protective function creates a barrier for internal organs and tissues from toxins, disease-carrying microbes, heat and cold, and other dangers present in the environment. It also plays a significant role in regulating the body temperature and preserving the body’s fluid balance. Nerves within the skin sense the presence of potentially harmful agents, such as bees, and immune cells in the skin help to fight against these malicious agents.

For the aforementioned reasons, the loss of skin due to burns or trauma can cause a severe blow to the human body; leading to impairment or sometimes elimination of many vital functions that it typically performs.

The artificial skin can be easily sterilized and usually stored at room temperature. Skin replacement represents a prospective source of advanced therapy in combating acute and chronic skin wounds. With the capability of large-scale production and immediate availability for grafting, its potential for use is easy and relatively economic among the burn patients.

What are the Key Drivers and Restraints of the Skin Replacement Market?

Much progress has been made toward the development of artificial skin replacement products. Continued research promises a growth in the demand for skin replacement products to the marketplace, and each new product seems to develop a niche in the field of skin replacement. Increased life expectancy, increasing disposable income and favorable demographics are some of the key factors driving the growth of the global skin replacement market.

Bioengineered skin replacements are continually being developed and improved. The next generation of skin replacements will probably evolve from lessons learned from our understanding of wound repair and regeneration. Competition from low-cost substitutes, lack of clinical support are probable factors restraining the growth of the global skin replacement market.

Though skin replacement is a new technology for emerging economies, in developed nations the same technology has been in use for a few decades. With increasing disposable income and rising urbanization, the acceptance of skin replacements is gaining popularity. The global skin replacement market is expected to expand at a promising CAGR during the forecast period.

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What is the Regional Outlook of the Skin Replacement Market?

Skin replacement market is still in its early stage of maturity. The global skin replacement market is expected to register an optimistic CAGR for the forecast period. Depending on geographic regions, global skin replacement market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.

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Scope Of Report

Details

Growth rate

CAGR of 6.4% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 – 2020

Forecast period

2022 – 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Product, application, end user, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Platelet BioGenesis, Cynata Therapeutics Limited, TissueGene, Inc., Cellular Dynamics International, Tengion.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

About FMI:

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Digital Therapeutics and Wellness Market Size to Reach US$ 26 Bn by 2032 | CAGR of 14.3%

According to a recent study published by Future Market Insights, the digital therapeutics and wellness market is expected to reach US$ 26 Billion by 2032, expanding at a high CAGR of 14.3%. The cost-effectiveness of digital health technology for providers & patients, and increasing demand for integrated healthcare systems & patient-centric care are other factors that are expected to boost the market growth over the analysis period.

From 2015 to 2021, digital therapeutics and wellness demand expanded at a CAGR of 34%, concluding at a market value of US$ 5.2 Billion. In addition, increasing incidence of preventable chronic diseases, an increase in government funding for healthcare, an increase in digitalization in industries, and increasing management of mental and chronic disorders are some other factors that are expected to fuel the growth of digital therapeutics and wellness market.

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Key Takeaways from the Market Study

Global digital therapeutics and wellness market to be valued at US$ 6.9 Billion by 2022-end
U.S to account for the highest value share of US$ 9.3 Billion for digital therapeutics and wellness
China to emerge as the 2nd most opportunistic market, expected to flourish at a 13.7% CAGR
U.K, Japan and South Korea to jointly yield a dollar opportunity worth US$ 2.3 Billion until 2032
By type, digital therapeutics and wellness software to experience major uptake, growing at a 13.9% CAGR
Cardiovascular disease and hypertension to emerge as the primary application area, growing at a 13.4% CAGR

Competitive Landscape

Players in the global digital therapeutics and wellness 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 April 2021, Welldoc (US) partnered with Dexacom (US). This partnership helped provide BlueStar with Dexcom G6 CGM as a single platform to people with Type 2 diabetes for improved health.
In March 2021, Pear Therapeutics (US) partnered with Sprectrum Health Systems (US). Tufts Health Plan and Spectrum Health Systems announced a collaboration with Pear Therapeutics to test FDA-approved digital therapeutics to help people with substance use disorders and improve their recovery journeys by delivering solutions for improved treatment access and care innovation journeys by delivering solutions for improved treatment access and care innovation
In January 2020, Crossroads Treatment Centers (US) collaborated with Pear Therapeutics (US) to implement the company’s digital platform reSET-O to help patients with opioid abuse and addiction.

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Know More about What the Digital Therapeutics and Wellness Market Report Covers

Future Market Insights offers an unbiased analysis of the global Digital Therapeutics and Wellness Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the Digital Therapeutics and Wellness Market, the market is segmented on the basis of type and application across five major regions.

Key Segments Covered in the Digital Therapeutics and Wellness Market Study

Digital Therapeutics and Wellness by Type:

Digital Therapeutics and Wellness Software
Digital Therapeutics and Wellness Devices

Digital Therapeutics and Wellness by Application:

Digital Therapeutics and Wellness for Cardiovascular Disease and Hypertension
Digital Therapeutics and Wellness for Diabetes and Prediabetes
Digital Therapeutics and Wellness for Obesity and Weight Loss
Digital Therapeutics and Wellness for Smoking Cessation
Other Digital Therapeutics and Wellness Applications
Digital Wellness Applications

Digital Therapeutics and Wellness by Region:

North America Digital Therapeutics and Wellness Market
Latin America Digital Therapeutics and Wellness Market
Europe Digital Therapeutics and Wellness Market
Asia Pacific Digital Therapeutics and Wellness Market
Middle East and Africa Digital Therapeutics and Wellness Market

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Intubation Tube Market Worth US$ 2.4 Bn by the end of 2032 | CAGR of 6.8% – by FMI

[250 Pages Report] Newly-released Intubation Tube Market analysis report by Future Market Insights shows that global sales of the Intubation Tube Market in 2021 were held at US$ 2.2 Bn in 2021. The estimated market growth between 2022 and 2032, at 6.8%, is expected to be higher than historical growth.

Orotracheal route type is expected to be the highest revenue-generating segment, which is projected to grow at a CAGR of over 7.2% during 2022 – 2032.

There has been a growth in the number of chronic illnesses which has raised the demand for Intubation Tube Market. Concerns about Ventilator-associated pneumonia have opened the way for medical devices with antibacterial and anticoagulant coatings. Other important drivers driving market expansion include the rising frequency of chronic respiratory illnesses and the increasing need for mechanical ventilation.

Furthermore, rising advances in nanobiotechnology and medicines design, as well as an increase in the number of surgeries, are expected to support the surge in product demand through 2027.

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Revenue Of Intubation Tube Market From 2017 To 2021 Compared To Demand Outlook For 2022 To 2032

As per the Intubation Tube Market research by Future Market Insights – market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Intubation Tube Market increased at around 5.6% CAGR.

Intubation Tube Market are in high demand due to an increase in surgeries. There has been a lowered risk of infection linked with tubes while also enhancing product safety owing to technological advancements in endotracheal tubes.

Ventilator-associated pneumonia is more common in patients who have been on an Intubation Tube Market for over 48 hours. As a result, a large number of companies are working on antibacterial and anti-coagulant coatings to help reduce ventilator-associated pneumonia.

Also, the Coated Endotracheal Tube Market has been increasing owing to the rising prevalence of ventilator-associated pneumonia, thereby supporting market growth. As a consequence, technical advancements in Intubation Tube Market, as well as the surge in the geriatric population that is more susceptible to a number of chronic conditions, will aid market growth throughout the projection period.

Orotracheal intubation is expected to account for a considerable revenue share, owing to the increased penetration in emergency situations such as catastrophic injuries and cardiac arrests. Orotracheal intubation is becoming more popular among patients due to its superior comfort and applicability. The increased need for less painful and simple surgeries will further propel the market forward.

What Factors Are Propelling Intubation Tube Demand?

The rising frequency of chronic respiratory disease, the growing incidence of ventilator-associated pneumonia, increasing road accidents and trauma injuries, increasing prevalence of cancer, lung injuries, cardiovascular diseases, and technological developments in Intubation Tube Market are driving the market growth.

Owing to the increased occurrence of road accidents around the world, emergency treatment applications of Intubation Tube Market are expected to gain significant traction. More than 1.3 Mn people die in road traffic accidents per year, according to the World Health Organization (WHO). The industry’s growth will be influenced by the growing need to address poor ventilation and the rising number of occurrences of respiratory disorders.

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What Factors Are Hampering Growth Of Demand For Intubation Tube Market?

The hospitals which have acquired infections such as ventilation-associated pneumonia are driving the growth of the Intubation Tube Market. In ICU patients are at utmost risk of dying due to procedure complications or various other reasons, one of the reasons being critical illness via secondary processes which include nosocomial infection.

The second most common nosocomial infection is pneumonia in critically ill patients to put into perspective which affects 27% of the critically ill patients. Nearly 86% of nosocomial pneumonia is caused by ventilator-associated pneumonia.

Ventilator-associated pneumonia-related mortality has been estimated to be between 0% and 50%. When it comes to assessing attributable mortality, different studies have produced varied conclusions, owing to the fact that the populations studied are so diverse.

Which Region Is Projected To Offer The Largest Opportunity For The Intubation Tube Market?

North America accounts for over 30% of the global Intubation Tube Market. It is primarily due to the development and evolution of healthcare facilities, the growing geriatric population, the rising prevalence of chronic conditions, the growing acceptance of analytical solutions, technical improvements, and the existence of key players.

Over the projected period, the market in Asia Pacific is expected to develop at the fastest rate. The sales of Intubation Tube in the region is expected to rise as the region’s elderly population ages also rises.

Country-Wise Analysis

Which Country is at the Centerstage for Sales of Endotracheal Tube?

U.S. contributed over 30% to the global Intubation Tube Market revenue in 2021. The surge in tracheal diseases including tracheal stenosis, bronchial tumor, and tracheobronchomalacia have escalated the need for Intubation Tube Market demand in the country.

According to National Cancer Institute, lung and bronchus cancer in 2022, new lung and bronchial cancer cases in the U.S. is estimated at 236, 740 which is 12.3% of all new cancer cases. With this the death toll for this disorder will tally to 130,180, equivalent to 21.4% of all cancer-led deaths in the country.

Category-Wise Insights

Why Revenue through Orotracheal is projected to Witness Fastest Growth among Intubation Tube Market route types?

Revenue through the orotracheal route type is forecasted to grow at the higher CAGR of over 7.2% during 2022-2032. Orotracheal incubation is commonly used in cases of respiratory or cardiovascular arrest, poor oxygenation or ventilation and current or projected airway obstruction. As a result, orotracheal tube demand has increased over the years, and the route type is expected to grow at a strong rate over the projection period.

Which Application of Intubation Tube Market is expected to Score Highest Growth in the Coming Years?

Intubation Tube Market revenue through emergency treatment application remains the highest, with an estimated 7.3% CAGR during the forecast period. The majority of emergency treatment comes from the rising occurrences of traffic accidents, , and increased frequency of emergency conditions such as cardiac arrest and respiratory, airway obstruction, and inadequate breathing.

Over the projection period, key drivers for Intubation Tube Market growth through emergency treatment include an increase in the number of surgeries performed, a surge in the frequency of chronic respiratory disorders and ageing population.

Competitive Analysis

The growing adoption of modern healthcare technology for enhanced healthcare is a key factor influencing the competitive character of the industry. In addition, large players frequently combine mergers and acquisitions with new product releases in order to maintain intubation tube market share and broaden their product portfolio.

Some of the recent developments of Intubation Tube Manufacturers are as follows:

In August 2020, Bactiguard’s Intubation Tube Market have been approved by Health Canada for the prevention of COVID-19 infection. The revolutionary device helps to reduce severe infection in severely unwell patients.
In April 2020, Hydromer partnered with N8 Manufacturing being the exclusive licensee for the product CeraShield Intubation Tube Market, which is used to treat in intensive care units and mechanical ventilators during COVID-19 patients across Canada.

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Intubation Tube Market Report Scope
Details

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

US$ Mn for Value

Key Regions Covered

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

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, U.K., France, Spain, Italy, Russia, China, Japan, South Korea, India, Australia, South Africa, Saudi Arabia, UAE and Israel.

Key Market Segments Covered

Type, Route Type, Application, Region

Key Companies Profiled

Teleflex Corporation
Medtronic
Medline Industries
Venner Medical
Sonoma Pharmaceutical
Hospiteknik Healthcare
Armstrong Medical
Airway Innovations
Smiths Group
ConvaTec, Inc.
DePuy Synthes
Stryker
Zimmer Biomet
Smith Nephew
Orthofix
Hydromer

Market Segments Covered In Intubation Tube Market Analysis

By Product Type:

Regular Intubation Tube Market
Reinforced Intubation Tube Market
Preformed Intubation Tube Market
Double lumen Intubation Tube Market

By Route Type:

Orotracheal Tube
Nasotracheal Tube

By Application:

Emergency Treatment
Therapy
Other Applications

By Region:

North America
Europe
APAC
MEA
Latin America

About FMI:

Intellectual Property Software Market Size & Share | Industry Trends Analysis Report for 2022 – 2032

The intellectual property software market with an estimated CAGR of 12.7% during the projected period, the share is expected to reach US$ 14.9 billion by 2032, finds a recent report published by FMI. The intellectual property software market is projected to be valued at US$ 4.5 Bn in 2022. The study finds that unauthorized public usage may hurt a company’s financial line, as well as its entire business plan, which leads to this rising demand, reflecting the adoption of intellectual property software.

Sales of intellectual property software are expected to rise significantly. In addition to this, sales of intellectual property software are rising on account for US$ 7.7 Bn by 2026. Increasing sales of intellectual property software are also projected to contribute to the growth of the intellectual property software market share.

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To gain a competitive advantage, effective intellectual property software tools are required in the market. Companies are being influenced by the extremely competitive business climate to invest in technology that ensures businesses and sales of intellectual property software policies are strictly matched to ensure the smooth operation of the organisation.

Enterprise management of intellectual property software is gaining popularity throughout the world as businesses realise that unauthorised public use can harm not just the company’s overall bottom line but also its whole business strategy.

The intellectual property software industry is growing due to an increase in application and understanding of intellectual property rights among end-users. The expansion in the intellectual property software industry is fueled by an increase in demand for a secure and well-documented system inside a company.

However, problems such as the difficulty of maintaining software and the high cost of investment, as well as a low rate of awareness and data security, are impeding the intellectual property software market growth.

Furthermore, advancements in information and communication technology, as well as increased awareness and acceptance of intellectual property software in emerging nations like India, are expected to provide significant market potential.

Component, deployment, end-user, application, and geography are all used to segment the intellectual property software industry. The market is divided into two components: software and service. The market is divided into cloud and on-premise deployment modes. The market is divided into two types of end-users: individual and commercial. BFSI, IT and telecom, automotive, education, retail and agriculture, healthcare, and others are sub-segments of the commercial segment. The intellectual property software industry is divided into patent management, trade management, licensing, and other applications. It is divided into four regions: North America, Europe, Asia Pacific, Latin America, and the Caribbean.

Manufacturers in the intellectual property software market get a big platform from which to serve the whole demand for intellectual property software. The worldwide sales of intellectual property software are seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for intellectual property software more accessible to customers.

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Key Takeaways:

The worldwide corporate intellectual property software market is growing as companies place a greater emphasis on safeguarding and managing their intellectual property portfolios.
As more companies focus on tactically organising their intellectual property software assets and safeguarding them from unlicensed use, corporate intellectual property software is gaining appeal.
Furthermore, frequent product customization by end-users benefits the enterprise intellectual property management software market, as it protects and safeguards the most important aspects of intellectual property software and treatment, such as inventions, patents, trademarks, and other intellectual property software contracts, in a systematic manner.
However, despite all of the benefits, these service providers face a number of hurdles and impediments in the early phases, the majority of which are related to the high cost of establishing services in an organisation.
During the forecast period, 2016–2026, the worldwide enterprise intellectual property management software market is expected to develop at a healthy rate.

Competitive Landscape

Anaqua, Inc., Patrix AB, IPfolio, SimpleLegal, Pattsy, FlexTrac, Lecorpio, WebTMS, and CPA Worldwide are some of the prominent players in the global intellectual property management software industry (Patrafee).

To cope with infringement, China’s central government has created a specialist intellectual property software section in courts, and it is devoted to simplifying trademark enforcement operations. In addition, India is developing a digital infrastructure in accordance with its national IP strategy. This strategy will preserve intellectual property software while also safeguarding and promoting patents.
CPA Global unveiled its customer-centric approach in November 2019 to improve intellectual property software outcomes through better data-enabled intellectual property software decision-making and increased intellectual property software productivity throughout the sector. CPA Global now operates in two major business divisions: Software and Tech-Enabled Services, after the purchase of ipan/Delegate Group.

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Key Segments

By Component:

Software
- Cloud-based
- On Premise
Services
- Development & Implementation Services
- Consulting Services
- Maintenance & Support Services

By Application:

Patent Management
Trademark Management
Intellectual Property (IP) Portfolio Management
Intellectual Property (IP) Licensing
Intellectual Property (IP) Reporting & Analytics
Others

By End-use:

Individuals (independent Inventors)
Enterprises

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
South America

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Sales Performance Management (SPM) Software Market Size & Share | Global Industry Report for 2022 – 2032

According to the sales performance management (SPM) software market analysis by Future Market Insights (FMI), the demand registered in the market will increase at a healthy CAGR of 12.9% from 2022 to 2032.

The report also forecasts that the market will surpass a valuation of ~US$ 6.3013 Bn by the end of 2032. Sales performance management can be utilized by different organizations to optimize sales lead management. The sales performance management (SPM) tool helps in extensive analytics associated with industry evaluation and sales expectancy, which are essential for business development and sales forecasting.

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Sales performance management (SPM) software allows the respected salesperson to develop their sales strategies that cover all sectors of the sales cycle and impact all parts of the sales process. The market is projected to witness significant growth during the forecast period, due to several factors such as increased operational efficiency and motivating sales teams, managing a transparent incentive compensation process, and others sales related workflows.

Key Takeaways: Sales Performance Management (SPM) Software Market

By type, the standalone software segment is anticipated to account for the leading share in the global sales performance management (SPM) software market. Moreover, the standalone software segment is also estimated to grow at a robust CAGR of 13.8% through 2032.
By industry, the adoption of sales performance management (SPM) software in the BFSI segment is anticipated to increase at a CAGR of 17.2% between 2022 & 2032.
The sales performance management (SPM) software focuses on various strategies such as a unified platform, scale, flexibility, territory management, quota, and compensation transparency to improve sales performance and business revenue.
Among regions, South Asia & Pacific sales performance management (SPM) software market is estimated to register a high CAGR, owing to the increasing awareness and implementation of sales performance management (SPM) software at various industry verticals by SMEs in the region.
In India, sales are expected to increase at a CAGR of close to 20.7% over the next ten years.

Advent of Sales Performance Management (SPM) Software in IT & telecom Industry to Shape Future Outlook

Sales Performance Management offers advanced tools for the IT & telecom industry for quota management, incentive compensation, and territory management. The demand for sales performance management (SPM) software is driven by accelerated sales planning cycles, focused on intelligent sales planning and incentive compensation management, and improved productivity.

There are AI/ML-powered sales planning solution to provide various benefits for IT and telecom industries such as identifying high propensity sales accounts, integrated internal sales data with external business workflows, optimizing sales territories, and building and managing sales compensation plans, among others. The reliability of such benefits drives the growth of the sales performance management (SPM) software market during the forecast period.

Accuracy, constancy, and speed of accrual and auditing can all be improved with sales performance management (SPM) solutions. In the telecommunications industry, plan designs are evolving, and companies are turning to SPM solutions to assist them to implement a more effective and efficient process for creating and modeling sales compensation plans.

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Sales Performance Management (SPM) Software Outlook By Category

By Type:

Integrated Software
Standalone Software
- Incentive Compensation Management (ICM)
- Territory Management
- Sales Planning and Monitoring
- Sales Performance Analytics and Reporting
- Others

By Deployment Mode:

On-premise SPM Software
Cloud-based SPM Software

By Enterprise Size:

Small and Medium-sized Enterprises (SMEs)
Large Enterprises

By Industry:

IT & Telecom
Retail
Government
Healthcare
BFSI
Manufacturing
Others

By Region:

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

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Fitness Apps Market Size, Share, Trends, CAGR & Forecast Report for 2022 – 2032 | FMI

The Fitness Apps Market was reach a valuation of US$ 6.8 Bn by 2032 at a vigorous 19.7% CAGR during the forecast period 2022 – 2032

The fitness Apps market surged rapidly with the onset of a global pandemic which abstained people from going to traditional gyms. The Covid induced nationwide lockdowns and social distancing encouraged people in switching to virtual training platforms. With the increased subscriptions, the market is expected to grow at a rate of nearly 20% as compared to the historical average of 14.6% CAGR.

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The fitness apps market is likely to rise as people become more aware of their physical and mental health. Consumers have begun to track their health issues, and based on this data, have begun to make lifestyle modifications for the greater good. Additionally, the developing online network of fitness studios and gyms have been aiding the adoption of these apps. Furthermore, providing fitness updates on social media sites encourages people to compete in a friendly manner. As a result, the demand for fitness applications will increase. The UK and Japan are predicted to offer the most lucrative outcomes throughout the forecast period of 2022-2032, expanding at a CAGR of 26% and 24.4% respectively.

Key Takeaways from the Market Study

Global Fitness App market is expected to reach a market size of US$ 8.1 Bn by 2032.
The market is expected to offer an absolute dollar opportunity of US$ 6.8 Bn in coming 10 years by growing at a CAGR of nearly 20%.
Exercise & weight loss category is expected to remain the dominant segment, with an estimated growth of 19.4% during the forecast period.
Japan and UK are anticipated to provide a highest growth opportunity in terms of CAGR of 24.4% and 26% respectively.

Competitive Landscape

The Fitness Apps market is dominated by several national and international players. They compete on product innovation, quality, brand recognition, trustworthiness, and market presence to offer their services across multiple sectors. Market competitors are improving their goods with modern features to improve functionality and reliability in order to provide a better consumer experience.

In addition, the market expansion is expected to be aided by the big corporation’s fundamental mergers, collaborations, and acquisitions strategies.

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Key developments in the market are:

In October 2021, PEAR Sports acquired Aaptiv to expand its personalized approach to fitness and wellness programming for consumers and employers. The company plans to integrate Aaptiv’s offerings with PEAR Training Intelligence and make it a competitive fitness program service in the market.
In April 2021, Adidas Runtastic collaborated with Tooz Technologies to develop a new immersive running experience for those athletes using smart glasses. This marked the start of research on the next-gen wearable technology.

Get Valuable Insights into Fitness Apps Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global Fitness Apps market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Market Segments Covered in Fitness Apps Market Analysis

By Type:

Exercise & Weight Loss
Diet & Nutrition
Activity Tracking

By Platform:

Android
iOS
Others

By Device Type:

Smartphones
Tablets
Wearable Devices

By Region:

North America
Latin America
Europe
APAC
MEA

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A2P Messaging Market Size, Share & Growth Report for 2022 – 2032 | Report by FMI

According to a recent report by Future Market Insights (FMI), the A2P Messaging Market is expected to surpass a valuation of US$ 98.3 Bn at a CAGR of over 4.0% through 2032.

BFSI A2P messaging is a type of message traffic in which an individual receives a message from any bank and financial foundation. BFSI A2P SMS helps with accomplishing a large number of customers and it has a wide extension as customers are keen to receive text messages each time they pull out or move funds.

A2P SMS helps the BFSI sector to partner and build a solid network with the clients by aiding and figuring out the client needs, declaring the synopsis of their exchanges, and their venture portfolio leftovers. Similarly, speedy help is expected to the clients, particularly the individuals who are having a cell phone, solid internet, and related application.

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A2P SMS helps the BFSI area to associate and construct a strong network with the customers by helping and sorting out the customer needs, announcing the summary of their transactions, and their investment portfolio remainders. Likewise, quick service is anticipated by the customers, especially those who are having a smartphone, strong internet connectivity, and related application. A2P SMS is exceptionally viable in BFSI as it permits sending out confirmation SMS, warning SMS, and alerting the customer by sending anti-fraud detection SMS. Mainly, the growing demand for A2P messaging in BFSI is driving the growth of the A2P messaging market worldwide.

Key Takeaways from the A2P Messaging Market Study

A2P Platform is expected to hold the largest share in the component segment and is expected to grow at a CAGR of 3.6% in forecast period.
The market in the U.S. holds a CAGR of 3.6% from 2022 to 2032.
Cloud segment is expected to emerge as the fastest-growing segment, registering a CAGR of 3.2% from 2022 to 2032.
A2P messaging is having a broader scope in the government and private organisation.

“A2P messaging has wide range of applications in different organisations related to various services has propelled the A2P messaging market in a positive note.” says an FMI analyst.

Who is winning?

Leading players of A2P Messaging Market are focused in implementing the service in the promotion and marketing sector, customer relation management services. A2P messaging is a critical instrument and administration that has a long life in front of it to contact crowds straightforwardly. To proceed with the development there are layers of safety required.

Key players present in the A2P Messaging Market industry are AT&T, Sinch, Infobip, Comviva, Bics, Tata Communications, Genesys, Global Message Services(GMS), Monty Mobile, China Mobile among others.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global A2P messaging market, presenting historical demand data (2015-2021) and forecast statistics for the period from 2022-2032.

Global A2P Messaging Market by Category

By Component:

Platform
A2P Service

By Deployment Mode:

Cloud
On-premises

By Application:

Authentication Services
Promotional and Marketing Services
Customer Relationship Management Services
Pushed Content Services
Interactive Messages
Others

By SMS Traffic:

National
Multi-country

By End User:

BFSI
Retail and E-Commerce
Hyperlocal Business
Healthcare
Travel and Hospitality
Others

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5G Market in Aviation is Expected To See a Growth of 26.4% from 2022 to 2032 | Future Market Insights

According to a recent report by Future Market Insights (FMI), the 5G Market in Aviation is expected to surpass a valuation of US$ 7.8 Bn at a CAGR of over 26.4% through 2032. The aviation industry is focused on small cells because of the better range and the quality of a 5G network. Small cells are low powered cellular radio access nodes that can operate in different spectrums with a range of 10 meters to a few kilometres. This is an important method to increase quality, connectivity and resilience.

The aviation industry is focused on the small cells because of the better range and the quality of 5G network. Small cells are low powered cellular radio access nodes that can operate in different spectrums with a range of 10 meters to a few kilometres. This is an important method to increase quality, connectivity, and resilience.

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Inside the airport small cells have wide range of technical and economic advantages because they maximise the reuse of the spectrum. Small cells integrate with the Wi-Fi as the spectrum connectivity is very faster. 5G technology is widely used in aviation platforms mainly in airports, drones, and aircraft repairing. The speed of 5G technology is largely dependent on the frequencies used, with the use of new frequencies one can send messages to the congested areas, which can be used for the tracking purpose. By using the above methodologies the missing airplane can be contacted and used to identify the regions. Owing to these applications, the aviation industry is expected to largely benefit through the implementation of this technology.

Key Takeaways from the 5G market in aviation Market Study

Enhanced Mobile Broadband is expected to hold the largest share in the technology segment. Enhanced Mobile Broadband is a vital point for the fastest connection in the 5G technology.
The U.S. holds a growth of CAGR 25.9% from 2022 to 2032.
The small cell segment is expected to emerge as the fastest-growing segment, registering a CAGR of 25.8% from 2022 to 2032.

Who is winning?

Leading players of 5G Market in Aviation are focused in developing the 5G infrastructure in the airports for the better connection and to access the log data virtually. For regulating and reducing the passenger traffic 5G market in aviation industry is used.

Key players present in the 5G market in aviation industry are Ericsson, Nokia, Cisco Systems, Panasonic Avionics Corporations, Huawei Technologies Co. Ltd., Gogo Llc, Anuvu, OneWeb, Aeromobile Communication, Smartsky Network, Inseego Corp and Intelsat among others.

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Market Segments Covered in 5G Market in aviation Industry Analysis

By End-use:

5G Infrastructure for Airport
5G Infrastructure for Aircraft

By Communication Infrastructure:

Small cell
Distributed Antenna System

By Technology:

Enhanced Mobile Broadband
Fixed Wireless Access
Ultra-Reliable Low Latency Communications/ Massive Machine Type Communications

By Application:

Airport Operations
Aircraft Operations

By Region:

North America
Europe
Asia Pacific
MEA
Latin America

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Digital Therapeutics and Wellness Market Size to Reach US$ 26 Bn by 2032 | CAGR of 14.3%

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Key Takeaways from the Market Study

Global digital therapeutics and wellness market to be valued at US$ 6.9 Billion by 2022-end
U.S to account for the highest value share of US$ 9.3 Billion for digital therapeutics and wellness
China to emerge as the 2nd most opportunistic market, expected to flourish at a 13.7% CAGR
U.K, Japan and South Korea to jointly yield a dollar opportunity worth US$ 2.3 Billion until 2032
By type, digital therapeutics and wellness software to experience major uptake, growing at a 13.9% CAGR
Cardiovascular disease and hypertension to emerge as the primary application area, growing at a 13.4% CAGR

Competitive Landscape

In April 2021, Welldoc (US) partnered with Dexacom (US). This partnership helped provide BlueStar with Dexcom G6 CGM as a single platform to people with Type 2 diabetes for improved health.
In March 2021, Pear Therapeutics (US) partnered with Sprectrum Health Systems (US). Tufts Health Plan and Spectrum Health Systems announced a collaboration with Pear Therapeutics to test FDA-approved digital therapeutics to help people with substance use disorders and improve their recovery journeys by delivering solutions for improved treatment access and care innovation journeys by delivering solutions for improved treatment access and care innovation
In January 2020, Crossroads Treatment Centers (US) collaborated with Pear Therapeutics (US) to implement the company’s digital platform reSET-O to help patients with opioid abuse and addiction.

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Know More about What the Digital Therapeutics and Wellness Market Report Covers

Key Segments Covered in the Digital Therapeutics and Wellness Market Study

Digital Therapeutics and Wellness by Type: