Induction Sealing Machines Market is Highly Dominated by Small Scale Manufacturers, Whose Annual Revenue Falls Within US$ 20- 25 Mn

The trend of shifting manufacturing from Europe & North America to Asia Pacific (APAC) region, especially to India, Bangladesh, Thailand, Malaysia and China is expected to influence the dynamics of the global induction sealing machines market. Due to their counterfeit protection, tamper evidence and leak-proof features, induction sealing machines are creating their space in majority of packaging and converting companies. Overall the global induction sealing machine market is expected to grow at a healthy CAGR, during forecast period.

Growing demand for bottle sealing from pharmaceuticals, personal care & cosmetics and food & beverages sectors to drive the global demand for induction sealing machines market. Induction sealing machines market is highly dominated by small scale manufacturers, whose annual revenues falls within US$ 20- 25 Mn. Europe & North America has large number of manufacturers.

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Induction Sealing Machines: Market Dynamics

Induction sealing machines helps in counterfeit protective packaging for pharmaceuticals, cosmetics and food & beverages. A statistics show that annually approx. one million people die from consumption of counterfeit medicines. Counterfeit protection is also a major problem in cosmetics where counterfeiting can cause loss of brand equity. Induction sealing is very eco-friendly, because it requires less energy and uses less foil & sealant material compared to conductive sealers. Induction liners in cap sealing acts as hermetic seals, which will not allow oxygen, dust, moisture and other foreign material into the bottles. So, the product shelf-life can be extended up to 10 to 12 weeks.

Induction sealers get heated as soon as power on, no wastage of time in heating & cooling. The high speed sealing and less changeover times, no touching or handling will increase packaging productivity. Induction sealing also helps in leak prevention, because they use air tight sealing, which can withstand high pressures. These aforementioned features make induction sealing machines, top choice of packaging manufacturers and converters. Rising intolerance towards plastic is expected to hamper the growth of induction sealing machines market. Overall the market is expected to grow at a healthy CAGR over forecast period.

Induction Sealing Machines: Market Segmentation

The global induction sealing machines market is segmented on the basis of technology, throughput and end-use. On the basis of technology, the global induction sealing machines market is segmented into manual, semiautomatic and automatic. On the basis of end use, the global induction sealing machines market is segmented into pharmaceuticals, food & beverages, cosmetics & personal care, home care & toiletries, sealants & adhesives and others. Food & beverages and pharmaceuticals together is expected to dominate the overall global induction sealing machines market. Cosmetics is expected to grow at a highest growth during the forecast period.

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Induction Sealing Machines Market: Regional outlook

Induction sealing machines market has been segmented on the basis of region into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.  Induction sealing machines market in APEJ is expected to dominate the overall global market. This is due to dominating concentration of global middle class population and their rising demand for food & beverages, pharmaceuticals and cosmetics & personal care products.

Induction Sealing Machines Market: Key players

Some of the players in the global Induction sealing machines market are Enercon Industries Corporation, Pillar Technologies, Inc., Zhejiang Brother Packing Machinery Co., Ltd, me.ro S.p.a., Lepel Corporation, KWT Machine Systems Co., Ltd., Relco UK, Y-Fang Sealing Machine Ltd. and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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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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It is anticipated that the market for mobile augmented reality would grow at a sizable CAGR over the duration of the prediction

The Mobile Augmented Reality Market is expected to witness moderate growth, registering a 23.3% CAGR during the forecast period (2022-2031) and projected to reach US$ 4.4 Bn in 2022 and US$ 29.3 Bn by 2031.

Mobile Augmented Reality Market Size (2022) US$ 4.4 Bn
Sales Forecast (2031) US$ 29.3 Bn
Global Market Growth Rate (2022 to 2031) 23.3%
Share of Top 5 Market Players 60%

The creative sector deserves a lot of the credit for the mobile augmented reality (AR) market’s unrelenting growth. This area of the company, which includes video games, live events, retail, and video entertainment, has undoubtedly pushed mobile augmented technologies to produce better solutions. Mobile augmented reality holds a particular place in the hearts of game developers because it is made to produce immersive experiences. The introduction of complex, meticulously planned multiplayer games has fully tapped into the solutions offered by this sector.

The unprecedented use of smartphones and tablets is solely responsible for the fast expansion of mobile augmented reality. Mobile augmented reality has significantly altered how people experience museums, offices, and games in both distant and urban settings. Since technological breakthroughs like Google Glass, the field of mobile augmented reality (AR) has developed to be a part of many different industries, revolutionising learning environments, medical consultations, and military training.

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Key Takeaways of Mobile Augmented Reality Market Study

  • East Asia to lead the race in the global mobile augmented reality market at a CAGR of 27.2% between the forecast years of 2020 and 2030
  • Gaming segment is anticipated to retain its leading position with a share of 28% by the end of 2030
  • Smartphones and tablets to revolutionize educational experiences with the integration of mobile AR
  • Services segment to leap ahead at a CAGR of 24.6% during the forecast period as AR design and development, integration and development, and support services find applications across verticals

COVID-19 Proves Positive for Mobile Augmented Reality Market

The COVID-19 pandemic has deepened the chasm of economic crisis, making the global population rethink education and entertainment in many ways. With no live events to attend, cancelled sporting events, and uncertainty looming over reopening of colleges and schools, mobile augmented reality found its opening to a plethora of opportunities.

The importance of AR has also surged in healthcare consultations as medical professionals and patients are seeking safety first. Furthermore, a quantum leap in online gaming, schooling, and entertainment as artists are taking gigs online, have collectively resulted in a special demand for mobile AR. Biggest chunk is definitely consumed by the online gaming industry, which has been the strongest pillar of the entertainment during the stringent lockdowns.

According to FMI, the mobile augmented reality market will grow 6%-8% by Q3 2020 in the given circumstances.

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E-commerce to Enhance Demand for Mobile Augmented Reality

The growing e-commerce industry has been identified as key contributor to the increasing adoption of mobile augmented reality. Integration of mobile augmented reality by retailers to make it more accessible for customers to purchase the right item. Augmented reality helps users to view their products in 3-D, life-like projections in real-time through smartphones and tablets.

Mobile augmented reality offers retailers the opportunity to improve the consumer shopping with real-life experiences. With an augmented reality app, an e-commerce retailer can create a virtual table with a different range of products, projecting it on the customer’s living room. The growing number of purchases via mobile devices and shoppers using smartphones in-store is increasing the demand for mobile augmented reality.

Such enhancement of consumer engagement is projected to bode well of the market in the forecast period.

More Valuable Insights on Mobile Augmented Reality Market

Future Market Insights offers an unbiased analysis of the global mobile augmented reality market, providing historical data for 2015-2019 and forecast statistics from 2022-2031.

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Mobile Augmented Reality Industry Survey

Mobile Augmented Reality Market by Solution:

  • Mobile AR Software
    • Mobile AR Application Platforms
    • Mobile AR SDKs
  • Services
    • Integration & Deployment
    • AR Design & Development
    • Support Services

Mobile Augmented Reality Market by Application:

  • Military
  • Education
  • Healthcare
  • Gaming
  • Media & Entertainment
  • Travel & Tourism
  • Others

Mobile Augmented Reality Market by Region:

  • North America Mobile Augmented Reality Market
  • Latin America Mobile Augmented Reality Market
  • Europe Mobile Augmented Reality Market
  • East Asia Mobile Augmented Reality Market
  • Middle East & Africa Mobile Augmented Reality Market

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Pallet Labeler Market Increasing Demand By Rapid Growth in Industrialization and the Manufacturing Sector

A recent study by ESOMAR-certified consulting firm Future Market Insights projects a positive outlook for the Pallet Labeler market over the forecast period. The report gives a detailed outlook about the ongoing changes and advancement that are expected to augment growth in the Pallet Labeler market. With a unique approach and extensive data analysis, FMI presents a detailed perspective on the market, key growth drivers, threats and challenges that market players are likely to face during the forecast period.

Technological advancements in the packaging industry across various verticals will enable growth in the market. Increasing investment in research and development activities and adoption of information technology within the industry, will create growth opportunities. FMI’s latest report gives significant details about the current and upcoming market scenario for an optimized assessment of the market.

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COVID-19 Impact Analysis on Pallet Labeler Market

Following the outbreak of COVID-19, the packaging industry is expected to witness a moderate growth after a steep fall. Soaring development in various sectors of packaging including the increased R&D activities from the prominent players has led the Pallet Labeler market in the positive direction. Manufacturers are more focused on the sustainability as a key strategy to maintain their position in the industry during the time of crisis.

FMI provides extensive information on growth strategies that will aid the players to tackle the impact of pandemic on the global Pallet Labeler market. This detailed chapter will give the market players information on the market scenario following the outbreak of COVID-19 and its impact on the industry across major regions. With various info graphics and detailed data sets, the market players are provided with market intelligence solutions which are accurate, transparent and reliable for the upcoming decade.

Important Questions Answered in the Pallet Labeler Market Report

  • Which are the top companies operating in the Pallet Labeler market?
  • What will be the future outlook of the Pallet Labeler market in the upcoming decade?
  • What are the key growth drivers and restraints likely to affect the Pallet Labeler market in the future?
  • Which region is expected to be the most lucrative region for the Pallet Labeler market?
  • What are the ongoing trends likely to augment the growth of the global Pallet Labeler market?

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Strives to deliver optimized and accurate results
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Deliver market reports with precision and diligence

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Pallet Labeler Market: Segmentation

In-depth analysis on FMI’s Pallet Labeler market report has been further classified into key segments and sub-segments.

On the basis of machine type, the global pallet labeler market has been segmented as:

  • Manual machines
  • Automatic machines

On the basis of purpose, the global pallet labeler market has been segmented as:

  • Print & Apply pallet labeler machines
  • Apply-only pallet labeler machines

On the basis of end use industry, the global pallet labeler market has been segmented as:

  • Food & beverage industry
  • Pharmaceutical industry
  • Personal care & cosmetics industry
  • Others

Pallet Labeler Market: Competitive Analysis

The latest report on the Pallet Labeler market by FMI gives an unbiased analysis on the top 10 leading companies operating in the Pallet Labeler market. It provides a detailed segmentation on the market players’ product launches, strategic mergers and acquisition and revenue prospects that will aid the players to gain a competitive edge in the industry.

Key players profiled by FMI in Pallet Labeler market includes:

FOX IV Technologies, Loveshaw, Advanced Labeling Technologies, Logopak Systeme GmbH & Co.KG, Automatic Identification Systems LTD, Weber Packaging Solutions, Inc, ALTech UK Labelling Technologies Ltd., and Domino Printing Sciences plc, among others.

Significant Contributions to the Report

  • Key Trends and Opportunities: Comprehensive analysis on the industries ongoing trends and opportunities for market players in different regions across the globe
  • Recent Challenges and Forecasts: Detailed assessment on the challenges, technological advancements, and forecast for upcoming decade.
  • Segmental Analysis: Extensive research on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions

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By the end of 2029, the connected logistics market is anticipated to reach US$47.6 billion

FID tags are witnessing growing adoption on account of heightened demand for effective supply chain management. This in turn is bolstering the growth of connected logistics market. FMI projects the global connected logistics market will exceed approximately US$ 47.6 Bn by 2029 end.

Connected Logistics Market Size (2022) US$ 22.2 Bn
Predicted Net Worth (2029) US$ 47.6 Bn
Global Market Growth Rate (2022-2029) 11.5% CAGR
Roadways Market Share 41.4%

“Logistics industry is incorporating technologies such as Artificial Intelligence to manage inventory and reduce operational costs. Moreover, key players utilize this technology to manage networks, optimize delivery routes and to predict demand. Artificial Intelligence has helped streamline the entire logistics ecosystem,” concludes the FMI report.

Key Takeaways of Connected Logistics Market Study

  • While software segment will be in high demand, devices continue to be preferred by consumers across the globe.
  • Roadways will continue to be the preferred mode of transportation through 2029.
  • Retail & consumers industry remains the key end-use area of connected logistics market.
  • North America remains lucrative connected logistics market in view of ongoing digitization process.

Connected Logistics Market – Key Growth Factors

  • Increasing adoption in manufacturing sector is supporting the growth of connected logistics market.
  • Technological advancements in logistics industry such as blockchain technology and Internet of Things are bolstering the market growth.
  • Preponderance of digital sales channels continues to shape the connected logistics market.
  • Rapid tech penetration in Asia Pacific is boosting the regional connected logistics market.
  • Need for real-time data and tracking precise location is pushing the growth of connected logistics market.

Connected Logistics Market – Key Restraints

  • Dynamic competitive structure of connected logistics market presents critical challenges for market leaders.
  • Data security issues associated with cloud-based technologies is limiting the growth of connected logistics market.

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Competitive Landscape

Global connected logistics market is fragmented in nature. Prominent stakeholders profiled in this FMI study include, but are not limited to, Cisco, Infosys Ltd., Intel Corporation, IBM Corporation, SAP SE, and Bosch. Off-highway Vehicle (OHV) and Radio-frequency Identification (RFID) continue to be prioritized by market players. Moreover, enhanced customer retention, personnel safety and better stock are key focus areas of industry leaders. Software component will offer lucrative growth opportunities for key players through the forecast period.

More about the Report

This Future Market Insights study of 388 pages provides all-inclusive insights on the global connected logistics market. The market analysis is based on component (devices, software, and services), transportation (roadways, railways, airways, and seaways), and vertical (manufacturing, IT & telecom, automotive, retail & consumer goods, food & beverages, healthcare, energy & utilities) across six regions (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa).

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

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Size of the market for air quality monitoring equipment, as well as an analysis of the COVID-19’s effects, is provided

The market for collaboration tools was valued at about US$ 32,307 Mn in 2021 and is expected to grow at a CAGR of 11.3% to US$ 75,508 Mn by 2029. 15% or more of the market for enterprise software was comprised of collaboration solutions.

 2022 Market Value US$ 35,586 Mn
 2029 Market Value US$ 75,508 Mn
 CAGR% (2022-2029) 11.3%
 Share of Top 5 Market Players 25%

Unified communication and collaboration is a combination of enterprise communication tools assembled and integrated into a single management system. The collaboration tools market is expected to significantly benefit from the adoption of these tools. Unified communication and collaboration tools give seamless user experience by integrating multiple technologies and tools such as telephony calling, voice, instant messaging, desktop sharing, video and audio conferencing, and cloud architects that help people work together more effectively anywhere and on any device.

As such, the global collaboration tools market is expected to exhibit a CAGR of around 11.3% during the forecast period (2022-2029).

“Key players in the market can gain significant profits by providing cognitive intelligence-based collaboration tools that deliver artificial intelligence, machine learning, and deep learning capabilities, which will give a virtual team experience across multiple locations.”

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Key Takeaways of Collaboration Tools Market Study

The portal and intranet platform segment is estimated to hold significant market share in the collaboration tools market during the forecast period, as these portals serve as a central hub in providing information and integrating applications for employees.

By deployment, the cloud segment is estimated to register a notable CAGR. SMEs are adopting SaaS collaboration software, which is available on subscription basis, and is flexible and scalable to requirements for a number of employees.

Asia Pacific excluding Japan is expected to dominate the global collaboration tools market, as the demand for robust collaboration for improving communication and workforce productivity is increasing across various organizations in countries such as China and India.

Growing adoption of the Bring Your Own Device (smartphones, tablets, etc.) trend in the IT & telecom industry is expected to increase the demand for collaboration tools to secure, manage, and support devices.

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Virtual Reality and Augmented Reality for Real-Time Remote Collaboration

Virtual reality and augmented reality enable real-time remote collaboration experiences for enterprises. Enterprises are using these technologies to have location-based informational services. Also, QR codes give access to people and information about the company’s products or services.

As distributed teams is becoming a norm across companies, VR and AR technologies are proving to be useful for communication among employees even though the employees are not present in the same place. Immersive boardroom experiences, cataloging body language, supporting avatars, and changing backgrounds are some features that AR and VR make possible. AR and VR allows multiuser capabilities where users can collaborate to work on product design and development in the digital world.

For instance, RealSense offers VR products that can change the background to the content of the live streamer to enhance presentations for all.

More Valuable Insights on Collaboration Tools Market

FMI’s report on the collaboration tools market is segmented into four major sections – solution (platforms and services), deployment (on-premise and cloud), enterprise size (small & medium enterprises and large enterprises), industry (IT & Telecom, BFSI, healthcare, travel & hospitality, retail & e-Commerce, manufacturing, and others), and region, to help readers understand and evaluate the lucrative opportunities present in the collaboration tools market.

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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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Market size for air quality monitoring equipment, COVID-19 impact analysis, and projections until 2029

The market for air quality monitoring equipment was valued at approximately US$ 5,727.4 Mn in 2021 and is anticipated to grow at a CAGR of 7.3 percent to US$ 10,042.8 Mn by 2029. Nearly 45% of the market for environmental monitoring is made up of air quality monitoring equipment.

2022 Market Value US$ 6,122.1 Mn
2029 Market Value US$ 10,042.8  Mn
CAGR% (2022-2029) 7.3%
Share of Top 5 Players 20%

By 2029, the market for air quality monitoring equipment is expected to grow at a CAGR of 7.3% and be worth $10,042.8 Mn. The development of smart air quality metres and the expansion of private-public partnerships for air pollution monitoring are two aspects that could lead to market expansion opportunities for air quality monitoring equipment.

The fast industrialization in developing economies throughout the world and rising air pollution, among other factors, are expected to fuel the expansion of the market for air quality monitoring equipment, according to a report by FMI.

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Key Takeaways of Air Quality Monitoring Equipment Market Study

  • Continuous rise in air pollution levels in urban areas and stringent government regulations and laws towards environmental protection are expected to boost the air quality monitoring equipment market growth.
  • North America dominated the air quality monitoring equipment market in 2021 in terms of revenue, owing to the presence of early technology adopters in developed countries such as the U.S. and Canada.
  • The adoption of indoor air quality monitors is expected to gain significant traction during the forecast period, owing to the increasing demand for smart air quality monitors in smart cities across the globe.
  • Demand for air quality monitoring equipment solutions in the residential sector is expected to increase at a striking CAGR during the forecast period, owing to increasing demand for IoT-based indoor air quality monitors in pharmaceutical and petrochemical industries.
  • Lack of awareness about indoor air pollution and dearth of strict regulations for air quality monitoring in various countries are some of the factors hindering the growth of the air quality monitoring equipment market.

Increasing Focus of Key Players on Product Innovation

Companies in the air quality monitoring equipment market are investing more towards advanced technologies like IoT and Machine Learning (ML) to develop advanced air quality monitoring equipment to minimize indoor and outdoor air pollution. Leading players are adopting business expansion, acquisition, and collaboration strategies in a bid to capture a significant share of the global market.

  • For instance, in July 2022, SKC Ltd acquired Colormetric Laboratories, Inc. (CLI) to add CLI products, longstanding sampling solutions that help maintain the health and safety of workers. The company looks forward to continuing to provide the same great CLI products with excellent customer and technical support.

Some of the key players in the air quality monitoring equipment market are SKC Ltd, TSI Incorporated, Aeroqual Limited, Thermo Fisher Scientific, Testo, Honeywell, PCE Instruments, Opsis AB, Ecotech, ENVEA group, Vaisala, LumaSense Technologies, and Oizom Instruments.

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Air Quality Monitoring Equipment Outlook by Category

By Component :

  • Air Sampling Pumps
  • Sorbent Tubes
  • Filters & Membranes
  • Sample Bags
  • Other Accessories

 By Equipment Type :

  • Indoor Air Quality Monitors
  • Outdoor Air Quality Monitors

By End User :

  • Residential
  • Government Environment Monitoring Agencies
  • Commercial
  • Industrial

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • GCC Countries
  • Middle East & Africa

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More Valuable Insights on Air Quality Monitoring Equipment Market

Future Market Insights puts forward an unbiased analysis of the global air quality monitoring equipment market, providing historical data of 2014-2021 and forecast statistics for 2022-2029. To understand the opportunities in the air quality monitoring equipment market, the market has been segmented on the basis of component, equipment type, and end user, across seven major regions.

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About FMI             

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

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Optical Networking Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2022 -2029

Approximately $14 billion in revenue comes from optical networking globally today. The optical networking industry is expected to grow rapidly, with a CAGR of 8.4%, to reach a value of $24.8 billion by 2029.

Optical Networking Market Size (2022) US$ 14 Bn
Sales Forecast (2029) US$ 24.8 Bn
Global Market Growth Rate (2022 to 2029) 8.4% CAGR
Share of Top 5 Players 50%

The global optical networking market is anticipated to reach revenues of US$ 24 Bn by the end of 2029, with a strong CAGR between 2022 and 2029. According to a recent Future Market Insights (FMI) report, the introduction of fifth-generation (5G) wireless systems will be the main driver of adoption.

According to the report, Asia Pacific excluding Japan (APEJ) will continue to be a sizable market for optical network providers due to the region’s mobile network operators’ strong growth expectations for 5G technology. In order to provide front haul for Cloud-RANs (radio access networks) and backhaul for dense, fast networks, 5G will rely on fiber as an upgraded radio technology.

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Key Takeaways of Optical Networking Market Study

  • North America holds a significant revenue share in global optical networking market through 2029.
  • Network design service would remain sought-after in the global optical networking market.
  • Optical fiber, as a preferred product, will continue to capture a significant market share throughout the forecast period.
  • Demand for fiber channels is set to grow at an impressive CAGR through 2029. WDM (Wavelength-division multiplexing) is however projected to remain estimated to continue to hold significant market share in the global optical networking market during the forecast period.

Increasing Demand for ROADM-based Optical Network to Propel Sales

Network providers are moving to more automated, software-driven, high scalable connections that offers new cost savings, and efficient service agility.

There is a growing demand for ROADM-based optical foundation that depends on instrumented photonics, flexible, and Layer 0 software to control and scale the connection for maximum capacity at the lowest power, space, and cost per bit. Therefore, introduction of high-speed analogue circuit is expected to drive the growth of the global optical networking market.

COVID-19 Impact On Optical Networking DemandThe COVID-19 pandemic has had a substantial impact on the optical networking market. The demand for residential, corporate, and industrial building automation systems has fallen as a result of lockdown measures and the halting of non-essential businesses.

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On the other hand, the use of software-defined networking (SDN) makes optical communication networks, which include both fiber optic and optical wireless systems, more agile, programmable, and capable of providing flexible service solutions. The market for optical networking is expected to rise as a result of these innovations.  As a result, the production and supply of optical networking equipment are returning to normal.

Competitive LandscapeTop market players in the worldwide optical networking industry use variety of methods such as product launches, product design, association, collaborations, and contracts. Market players are focusing on updating their optical networking technologies to achieve a market position.

For instance,

  • SingleRAN Pro is designed by Huawei Technologies to broaden the Wireless First approach to cover more services and support operators in moving into new functional departments. SingleRAN Pro has new 5G capabilities such as a tenfold increase in network capacity, coverage, and improvement in user experience. The solution also included artificial intelligence (AI) to help networks run more smoothly.

Know More About What the Optical Networking Market Repost Covers

Future Market Insights offers an unbiased analysis of the global optical networking market, providing historical data for 2014-2021 and forecast statistics from 2022-2029. To understand opportunities in the optical networking market, the market is segmented on the basis of component type, technology, service, and end user across seven major regions.

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Key Segments Of Optical Networking Industry SurveyOptical Networking Market by Component :

  • Optical Fibers
  • Optical Switches
  • Optical Amplifiers
  • Optical Splitters
  • Optical Transceivers
  • Optical Circulators

Optical Networking Market by Technology :

  • SONET
  • WDM
  • Fiber Channels

Optical Networking Market by Service :

  • Network Design
  • Data Centre
  • Network Maintenance and Support

Optical Networking Market by End User :

  • Military & Defense
  • BFSI
  • IT & Telecom
  • Government
  • Others

Optical Networking Market by Region :

  • North America Optical Networking Market
  • Latin America Optical Networking Market
  • Europe Optical Networking Market
  • East Asia Optical Networking Market
  • South Asia & Pacific Optical Networking Market
  • Middle East & Africa (MEA) Optical Networking Market

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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.

Contact:                        

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Report: 
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MEMS Market Size 2022 Statistics, Share Price, Growth Prospects, Industry Trends, Approach, Developed Methodology, Key Players, and Geographical Analysis by Forecast to 2029

The micro-electromechanical system (MEMS) market is expected to grow at a remarkable CAGR of 10.2 percent, reaching US$ 14.4 billion in 2022. (2022-2029). By 2029, it is expected that shipments of micro-electromechanical systems will total US$28.4 billion.

Micro-electromechanical System (MEMS) Market Size (2022) US$ 14.4 Bn
Predicted Market Valuation (2029) US$ 28.4 Bn
Global Market Growth Rate (2022-2029) 10.2% CAGR
Automotive Application Market Share 30.7%

MEMS technology is utilised to boost communication circuit performance and lower power consumption expenses. Military uses of micro-electromechanical system technologies include information gathering, missile guidance, and security monitoring in wireless communication satellite systems.

When compared to conventional macro systems for mechanical and electrical functions, micro-electromechanical systems provide a number of advantages, such as faster response times, more effective power use, and lighter construction. MEMS-based devices are more appealing for communication and connectivity applications as a result of these advantages. For electronics in wireless communication applications including radars, steerable antennae, and global positioning satellite systems, radiofrequency (RF) MEMS technology is specifically created (GPS).

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Key Takeaways of Micro-electromechanical System Market Study

  • Application of micro-electromechanical systems in consumer electronics is expected to gain traction, owing to increasing demand for MEMS-based microphones, sensors, and oscillators in smart devices such as wearables, smartphones, laptops, and others.
  • Adoption of MEMS sensors is projected to increase at a striking rate during the forecast period, due to growing usage of gyroscopes, accelerometers, pressure sensors, humidity sensors, temperature sensors, and proximity sensors for applications in medical devices, home automation devices, autonomous vehicles, and others.
  • Asia Pacific Excluding Japan is anticipated to dominate the global micro-electromechanical system market due to rising demand from major industries such as automotive, consumer electronics, and industrial verticals in developing economies such as China, India, and other South-East Asian countries.

Increasing Application in Automobile Sector to Boost Growth of MEMS Market

MEMS are used in various applications in the automobile sector, such as navigation assistance, telematics, airbag systems, anti-theft systems, electronic stability control of vehicles, and other vehicle dynamic applications. Moreover, MEMS-based lead frames packaging solutions provide superior thermal conductivity to ensure that appropriate heat dissipation properties required by specific applications such as vehicle security systems and rollover detection. Moreover, these micro-electromechanical systems are also used for passenger safety purposes, tire pressure detection, rollover, and skidding detection.

For instance, in May 2021, STMicroelectronics, a leading provider of MEMS motion sensors for customer products, added a new high-accuracy and high-stability MEMS motion sensor (IIS3DHHC). This IIS3DHHC MEMS sensor is a 3-axis accelerometer to secure accuracy over time and temperature, with 10-year product longevity for advanced industrial sensing.

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More Valuable Insights on Micro-Electromechanical System Market

FMI’s report on the micro-electromechanical system market is segmented into major sections, such as MEMS-based device (MEMS sensors [accelerometers, gyroscopes, humidity, pressure, proximity, and temperature sensors], MEMS audio devices [MEMS microphones and MEMS speakers], MEMS switches, MEMS actuators, and MEMS oscillators), and application (consumer electronics, automotive, aerospace & defense, healthcare, telecommunications, and industrial), and region, to help readers understand and evaluate lucrative opportunities in the MEMS market.

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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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By 2029, the End User, Demand, and Consumption of Secure Web Gateway

Growing dependency on the Internet and rising need for preventing data from malware and cyber-attacks have raised the need for efficient secure web gateway systems. Secure web gateway solution and service providers have been tracking these threats and analyzing them to develop and enhance their top-notch high-performance and highly secure solutions. By gaining expertise in the world of cyber risks, secure web gateway providers are carrying out year-on-year threat prediction studies to keep their end users informed and help enhance their security-related decision making.

The global secure web gateway market is expected to increase at an impressive CAGR of 21% over the forecast period (2019-2029).

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“Revenue generation is enhanced by rising procurement of secure web gateway solutions by small and medium enterprises in developing economies of Latin America, Eastern Europe, and MEA. Vendors can focus deploying low-cost secure web gateway solutions specially developed for small and medium enterprises to enhance their market share in the global secure web gateway solution market.”

Key Takeaways of Secure Web Gateway Market Study

  • The accelerated adoption of Software-as-a-Service (SaaS) applications is motivating end users to procure cloud-integrated secure web gateway solutions and services.
  • To ensure web traffic from remote locations does not backhaul over expensive Multiprotocol Label Switching (MPLS) links to centralized data centers, end users are re-planning their Wide Area Networks (WAN) so that this traffic is sent directly to the Internet via local internet breakout connections.
  • Enterprises are procuring cloud-integrated security stacks to make traffic flow through cloud-based security solutions, which are mostly secure web gateways, before the traffic reaches its final destination through the Internet.

Competition Landscape of Secure Web Gateway Market

In the coming years, it is expected that, small and medium enterprises are going to be the top adopters of secure web gateway solutions. Secure web gateway solutions help enterprises improve business functionality by minimizing operating costs and improving productivity.

Investments towards the enhancement of secure web gateway tools such as real-time traffic inspection, protection for off-grid workers, and time- and content-based access and data leak prevention, in various reliable operating systems, are witnessing significant rise. These factors are expected to propel the growth of the secure web gateway market on a global scale.

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SECURE WEB GATEWAY MARKET TAXONOMY

The global secure web gateway market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Component

  • Solutions
  • Services
  • Managed Services

Deployment

  • Cloud
  • On-premise

Enterprise Size

  • SMEs
  • Large Enterprises

Industry

  • BFSI
  • Government and Defence
  • Healthcare
  • IT and Telecom
  • Retail and e-Commerce
  • Energy and Utilities
  • Manufacturing
  • Others

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

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About FMI                     

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

Contact:                        

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Premium A2P and P2A Messaging Market Size, Share, Trends, and Analysis, 2022–2029

The market for premium P2P and A2P messaging was valued at roughly US$ 79,601.0 million in 2021 and is expected to grow at a CAGR of 5.0 percent to US$ 1,17,695.0 million by 2029. The market for premium P2P and A2P messaging accounts for around 55% of the customer communication market.

2022 Market Value US$ 83,862.0 Mn
2029 Market Value US$ 1,17,695.0 Mn
CAGR% (2022-2029) 5.0%
Share of Top 5 Players 15%

The adoption of premium application-to-person and person-to-application (A2P and P2A) messaging solutions globally is strongly encouraged by developments in mobile authenticator services and SMS marketing. According to a recent Future Market Insights (FMI) report, the market for premium A2P and P2A messaging systems would surpass US$ 83,862 Mn in revenues in 2022 and have a promising CAGR of 5 percent through 2029.

SMS is increasing popularity as a crucial tool for sharing content and information, getting access to services, and ensuring security. Due of its ubiquity, dependability, and stability, SMS is anticipated to continue dominating messaging technology for the foreseeable future. A wide range of cutting-edge apps are starting to appear that use A2P SMS as a channel for value-added services (VAS) communications, giving feature phone users an app-like interface and a wider selection of services.

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Key Takeaways – Premium A2P and P2A Messaging Market Study

  • Premium A2P SMS is the most reliable bridge between a unique number (offline) and the digital world. The billing relationship is also a crucial cog in this bridge, as it allows online services to be more easily monetized through carrier billing.
  • Premium A2P and P2A messaging remains the most ubiquitous platform, enabling marketers to reach the widest audience, which is anticipated to boost growth of the premium A2P and P2A messaging market during the forecast period.
  • Majority of banks use SMS for creating awareness regarding their service and to confirm transactions through two factor authentication. A2P SMS is already a vital tool in the mobile financial market.
  • Cloud API messaging platforms will continue to hold the lion’s share of around 80% in global premium A2P and P2A messaging market during the forecast period.
  • Among all applications, authentication services will register a significant CAGR in the global premium A2P and P2A messaging market.

Increasing Demand for Premium A2P and P2A Messaging for OTT Applications and Social Media SMS

Demand for premium A2P and P2A messaging is rising from almost every end-use industry. Online interactions are expected to significantly increase the demand for premium A2P and P2A messaging solutions. Social networking services like Twitter and Facebook are expected to rely on both SMS and IP channels.

Although IP channels are used extensively for social messaging, SMS is anticipated to play a much greater role in social messaging services. SMS’s interoperable, omnipresent, and secure nature makes it the perfect platform to deliver notifications of social messages and transactional communication activities. Google has a range of services such as Gmail SMS, Google Voice SMS, Calendar SMS, and Bloggers, powered by premium A2P and P2A messaging solutions.

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Premium A2P and P2A Messaging Market Outlook by Category

By Application:

  • Inquiry and Search Related Services
  • Customer Relationship Management Services
  • Authentication Services
  • Promotional and Marketing Services
  • Notifications and Alerts
  • Voting and Entertainment

By Traffic:

  • National
  • International

By Tools:

  • Cloud API Messaging Platforms
  • Traditional and Managed Messaging Services

By End User:

  • BFSI
  • IT and Telecom
  • Media and Entertainment (including Gaming)
  • Travel and Transportation
  • Retail and e-Commerce
  • Healthcare

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan

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About FMI             

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

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Report:
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