According to Future Market Insights, Inc., the Geospatial Solution Market is anticipated to grow at a CAGR of 15.9% between 2022 and 2029

The market for geospatial solutions is anticipated to increase from US$ 703.5 billion in 2022 to US$ 1,970.9 billion in 2029. From 2022 to 2029, the geospatial solutions market is projected to expand at a CAGR of 15.9%.

2022 Market Value US$ 703.5 Bn
2029 Market Value US$ 1,970.9 Bn
CAGR% (2022-2029) 15.9%
Share of Top 5 Market Players Around 25%

According to a recent research intelligence analysis by Future Market Insights (FMI), the worldwide geospatial solution market will experience phenomenal growth from 2022 to 2029, with a CAGR of around 15%. The improvements in processing power for geospatial solution-based research and applications have been credited with this market’s high growth prognosis.

Faster networking is catering to the ever-growing demand for efficient geospatial information distribution and transmission. This, in turn, enables consumers and governments to more effectively use and share spatio-temporal data for real-time applications, thereby propelling geospatial solution market growth.

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Key Takeaways – Geospatial Solution Market Study

  • Developers are offering geomedicine solutions, which is not an emerging field, yet holds a lot of potential to boost the growth of geospatial solution market during the following years.
  • Blockchain technology is estimated to witness massive adoption in the foreseeable future. This technology can be geospatially enriched when combined with geospatial solution-based technologies such as Geographic Information System (GIS).
  • Drones are estimated to witness a considerable adoption rate during the forecast period. New standards and legislations introduced by national governments are likely to motivate drone manufacturers and end users to operate more freely, thus driving the growth of the geospatial solution market.
  • Global Positioning System (GPS) is estimated to retain a substantial revenue share in geospatial solution market.
  • Remote sensing technology will register a significant CAGR over the projection period.

Geospatial Information Becoming Critical Asset for Businesses

Conventionally, geospatial technology was confined to use in aeronautical and maritime organizations, intelligence agencies, and the military sector. However, the demand for geospatial solutions is rising from almost every end-use industry. Geospatial solutions have become an essential element in how organizations operate their business. At present, organizational decision making is highly dependent on data processing technologies. Thus, organizations are prioritizing geospatial data analysis as they recognize collected geospatial information as a mission critical resource to manage.

A constant search for new information tools, sources, experts, and solutions drives end-users to persistently find new and innovative ways to utilize data and discover patterns in the accumulated information using geospatial solutions. One of the most noteworthy growth areas in the broad data processing arena is data visualization. Existing end users have found geospatial solutions to be the key to efficient data visualization, irrespective of whether the accumulated information is two or three dimensional.

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Geospatial Solution Market by CategoryBy Technology :

  • GIS/Spatial Analytics
  • Remote Sensing
  • GPS
  • 3D Scanning

By Component :

  • Geospatial Software
  • Geospatial Hardware
  • Geospatial Services

By Application :

  • Surveying and Mapping
  • Geovisualization
  • Planning and Analysis
  • Land Management
  • Others

 By End-user :

  • Defense and Internal Security
  • Infrastructure
  • Urban Development
  • Utilities
  • Retail and Logistics
  • Agriculture
  • BFSI

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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:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report:
https://www.futuremarketinsights.com/reports/geospatial-solution-market
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Oracle Services Market Outlook Cover New Business Strategy with Upcoming Opportunity 2029

Oracle’s market share is anticipated to increase from US$ 13.8 billion in 2022 to US$ 35.4 billion by 2029. The Oracle Services Market is estimated to expand between 2022 and 2029 at a CAGR of 14.4%.

 2022 Market Value US$ 13.8 Bn
 2029 Market Value US$ 35.4 Bn
CAGR% (2022-2029) 14.4%
Share of Top 5 Market Players ~46%

In its latest research study, Future Market Insights (FMI) provides a sharp analysis of the Oracle services market and reveals very useful information about the market’s growth prospects from 2022 to 2029. The report estimates that the market for Oracle services will be worth US$ 13.8 billion in 2022 and will expand by 13.6 percent year over year.

According to the research study, complicated workloads, greater server capabilities, and high component costs are some of the major factors driving the continued large increase in demand for cloud services among businesses. The primary service providers are expected to benefit from new prospects to improve their sales performance in the worldwide market.

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Oracle Cloud Services- The New Catalyst for Enterprise Growth

As Oracle solutions continue to embrace take the ‘customer-first’ approach, Oracle service providers are focusing on offering a comprehensive suite of services that would drive competitive advantages for their end users. According to the report, Oracle cloud services remains the most ‘in-demand’ service of all other available services, with global value estimated to reach US$ 4.3 Bn in 2022.

The upswing in investments in Oracle cloud services is a result of the sweeping transition of businesses toward cloud computing models in order to build, deploy, integrate, and extend applications in the cloud. Oracle cloud services are being extensively relied upon by enterprises to build their operational efficiency and reduce total cost of ownership, thereby making it a focal point for the market players to target in 2022 and beyond.

Though North America and Western Europe will continue being forces to reckon with in the Oracle services market, Asia Pacific excluding Japan (APEJ) is likely to reverse the game for the service providers by the end of 2029.

As majority of economies in APEJ have started reflecting positive economic growth rates in the recent years, a new heap of opportunities is likely to emerge for the Oracle service providers to take advantage of. BFSI will continue to sustain high demand for Oracle services, followed by Retail & CPG, as the former and the latter are undertaking strategic customer service transformations and investing in advanced services to achieve the same.

According to the report, the Oracle service providers are shifting their focus toward opportunities springing up in the space of SMEs, as small and medium enterprises make up a significant percentage of the total number of businesses operating worldwide. The market players are also focusing on mergers and acquisitions to diversify their portfolio and grow with the ‘combined-expertise’ advantage.

Newer service offerings with umpteen benefits continue to be the kernel of the market players’ business strategies, unveils the FMI analysis. For instance, in February 2022, Wipro announced official launch of the ‘Quick Migration to Cloud (QuMiC)’, a platform that allows enterprises in smooth migration to Oracle Cloud.

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Oracle Services Market Survey by CategoryBy Services :

  • Oracle Consulting Services
  • Oracle Financial Services
  • Oracle Cloud Services
    • Infrastructure as a Service (IaaS)
    • Platform as a Service (PaaS)
    • Software as a Service (SaaS)

By Enterprise Size :

  • Small & Medium Enterprise
  • Large Enterprise

By Vertical :

  • BFSI
  • High Tech
  • Communication & Media
  • Retail & CPG
  • Energy & Utilities
  • Healthcare & Life sciences
  • Public Sector
  • Others

Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and 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.

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T: +1-845-579-5705
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Leading Players in the Mobile CRM Market, Industry Segments, and Regional Forecast | 2029

Mobile CRM Market is expected to reach US$ 26.2 Bn in 2022, likely to surge at a vigorous 10.4% CAGR during the assessment period. Growth of mobile CRM market is underpinned by a slew of factors, spanning from evolving gears of technology to ubiquitous use of smartphones. Businesses, in order to adopt agility and dexterity as two of their core values, are counting on platforms that mobilize management of customer relationships. This, in turn, is likely to work in favor of mobile CRM market through 2029 and create new opportunities for the vendors to expand their offerings and reap profits.

Mobile CRM Market Size (2022) US$ 26.2 Bn
Predicted Net Worth (2029) US$ 52.4 Bn
Global Market Growth (2022-2029) 10.4% CAGR
North America Market Share 25.7%

As per the report, with the growth of digitized workforces, real-time access to critical information is no longer a “nice to have” aspect, rather it is a necessity to foster streamlined operations. Modern businesses are placing customer satisfaction at the top of their priority list and are actively seeking fine-grained insights for their sales realms to access on the go. This, in turn, is preparing the grounds for high scale adoption of mobile CRM platforms across the globe through 2029.

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According to the research study, BFSI ranks among some of the early adopters of mobile CRM till 2021 and beyond, with revenues estimated to surpass US$ 3 Bn in 2022. However, retail units are likely to overtake BSFI as one of the significant spenders on mobile CRM solutions in the latter half of the assessment period, as the retailers are rapidly turning to mobile CRM platforms for streamlining the aspects of their sales funnels. Adoption of mobile CRM in healthcare is also estimated to pick pace through 2028, given that healthcare services worldwide are shifting their focus toward ‘value-based care’ models.

Large enterprises are likely to lead the race of mobile CRM adoption, followed by medium enterprises, unveils the research study. As large and medium enterprises are pulling their socks up to positively engage customers and stay highly competitive, adoption of mobile CRM across these enterprises will most assuredly gain new heights. Revenue opportunities for vendors of mobile CRM market remain imminent, as sales personnel across organizations, regardless of their size, are vying to make informed decisions that are ‘data-driven’.

‘Pay-Per-Use’ Pricing Model: A Strategy Winning Over End Users

Considering the dynamicity of end user preferences, key vendors in the mobile CRM market are largely focused on R&D investments for unceasing developments. As price follows efficiency as the second-most important factor dictating purchase decisions, vendors are offering flexible ‘pay per use’ pricing models, as end-use preference for flexible pricing is causing a distant move away from subscription models.

Acquisitions and partnerships will continue being a vital part of the growth strategies of market players. For instance, in February 2021, AMDOCS announced its acquisition of Vubiquity, a leading firm offering premium digital content services and technology solutions. This acquisition was aimed at adding premium content capabilities, which include licensing, processing, and delivery, and positioning AMDOCS at the center of increased convergence across content community and video distributors.

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Key Segments of Mobile CRM Industry Survey

Mobile CRM Market by Product Type:

  • Mobile CRM for Large Enterprises
  • Mobile CRM for Medium Enterprises
  • Mobile CRM for Small Enterprises

Mobile CRM Market by Vertical:

  • Mobile CRM for BFSI
  • Mobile CRM for Telecom
  • Mobile CRM for Healthcare
  • Mobile CRM for Retail
  • Mobile CRM for Automotive
  • Others

Mobile CRM Market by Region:

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

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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:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/mobile-crm-market
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Defence Communication System Market 2022 Development Status, Competition Analysis, Type and Application 2026

 Future Market Insights has recently published a market research report titled “Defence Communication System Market – Global Industry Analysis 2014 – 2018 and Opportunity Assessment 2019 – 2029.”

Global Defence Communication System Market Size (2022) US$ 43.4 Bn
Revenue Forecast (2026) US$ 62.6 Bn
Global Market Growth Rate (2022-2026) 9.6% CAGR
North America Market Share 36.5%

Satellite communication represents an essential role in maintaining the combination of advanced satellite communication into existing communications and observation structures. As operational demands have increased and technological changes progressed at a rapid speed, the bandwidth demand has expanded exponentially. The growth of satellite communication infrastructure helps produce new terrestrial broadcasting networks to increase operational coordination. Thus, the growth in satellite communication infrastructure is resulting in the rapid demand for defence communication equipment and satellites.

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Significant Gains Projected for Wireless Communication Equipment

The rapid growth of industrial wireless communication technology has boosted the interest of the military community in leveraging industrial technologies and techniques to address communication needs. Military wireless communication systems are usually designed to work in sharp environments, where the devices exposed to environmental elements such as sand, dirt, and water, as well as extreme temperature variations. The need for communication equipment to preserve information and the need for consistent communication between the military forces are significant factors fuelling the growth of the defence communication system market.

Communication plays a vital part in the successful execution of any mission. Whenever any small group of companies or entity sent on a particular purpose, it required that the volunteers or existence remain in contact with other organisations so that they can accomplish their task. Moreover, in cases when the companies have to share some vital information or the coordinates of some location, there is the need of high-quality and reliable communication, so that no wrong information is shared due to the low quality of communication.

IoT Invasion Triggering Development of Robust Defence Communication Systems

Defence communication systems are highly secure and stable, due to which various government associations and entities of countries are choosing defence communication systems for providing safe and reliable communication to their forces. Due to the high density and environment sensor systems, a growing number of the battlefield assets are now converting the network entities.

The significant adoption of IoT technologies is significantly improving several aspects of military operations. The adoption of IoT technologies in military services significantly benefits military intelligence reconnaissance operations and surveillance. Moreover, a significant increase in the IoT market is leading to the manufacturing of energy-efficient and more robust defence communication devices. In addition, improvements in low-power computing, miniaturisation, identification, machine-to-machine communication, and radio frequency are also among factors creating high growth opportunities for the defence communication system market.

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On the basis of product type, the global defence communication system market is sub-segmented into systems that include radio systems, satellite communication systems, and radar & sonar systems, and services that include consulting, testing & integration, and support & maintenance. Growth in satellite communication infrastructure generates the rapid demand for satellite and defence communication equipment.

On the basis of application, the global defence communication system market is sub-segmented into systems such as command and control, situational awareness and intelligence, surveillance, and reconnaissance (ISR).

On the basis of military branch, the market is sub-segmented into naval force, air force, and land force. Due to the rapid adoption of IoT in military operations, various countries are demanding more powerful and energy-efficient defence communication devices.

In addition, on the basis of geography, North America is expected to dominate in the global defence communication system market due to the advent of next-generation technological advancements in the U.S.

Key Segments of Defence Communication System Industry Survey

Defence Communication System Market by Product Type:

  • Systems
    • Satellite Communication Systems
    • Radar & Sonar Systems
    • Radio Systems
  • Services
    • Consulting
    • Testing & Integration
    • Support & Maintenance

Defence Communication System Market by Application:

  • ISR (Intelligence, Surveillance, and Reconnaissance)
  • Situational Awareness
  • Command & Control

Defence Communication System Market by Military Branch:

  • Air Force Defence Communication Systems
  • Land Force Defence Communication Systems
  • Naval Force Defence Communication System

Defence Communication System Market by Region:

  • North America Defence Communication System Market
  • Latin America Defence Communication System Market
  • Europe Defence Communication System Market
  • East Asia Defence Communication System Market
  • South Asia & Pacific Defence Communication System Market
  • Middle East & Africa (MEA) Defence Communication System Market

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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:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/defence-communication-system-market
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By 2028, it is anticipated that the security screening market would reach a value of US$ 60.5 Bn

Rapid growth in the economy, necessitating increasing expenditure on the national and infrastructural security, will continue to push deployment of reliable and advanced technology enabled security screening systems. While FMI’s analysis identifies an impressive rate of adoption within emerging economies, China, India, and Russia are more likely to be at the forefront of this growth, in the security screening market.

Attribute Details
Estimated Radar Market Size 2022 US$ 34.2 Bn
Radar Market Value-based CAGR (2022-2028) ~10%
Projected Radar Market Size in 2028 US$ 60.5 Bn

The global market for security screening is expected to surpass US$ 10.4 billion in 2022 and grow at a remarkable CAGR of 7.4 percent to reach US$ 15.9 billion by 2028.

The approximately US$ 7.8 billion market for security screening is highly likely to approach the revenues worth US$ 10 billion in the next two years. As indicated by a newly launched research report by Future Market Insights (FMI), more than half of the total demand for security screening is being accounted by the developed regional markets. East Asia however is cited as the most lucrative market for investors in security screening systems and solutions.

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Airports Generate Maximum Demand for Security Screening, Explosive Trace Detectors Bestselling

Over 2/5th of the global security screening demand is accounted by airports, which will remain the dominant application area for security screening systems manufacturers and suppliers. As government buildings are highly vulnerable owing to the voluminous sensitive information that they procure, public recreation areas such as malls are also cited as the next sensitive area for implementation of effective security screening. Border check points are also expected to emerge lucrative through coming years, in the security screening market.

Explosive trace detectors, currently accounting for nearly 1/4th share of the total sales of security screening systems, will reportedly witness strong growth in demand through the coming years. According to the report, X-Ray screening systems and biometric systems are also highly popular among the end-use application areas in security screening market.

The collective market value share of the aforementioned security screening systems is just-under 50% and the report expects attractiveness of the latter to surge – with growing adoption of fingerprint and face recognition technologies.

Smart Security Screening Trending in the Global Market

Looking at the loopholes in current security screening models in terms of efficiency and sustainability, airports have been accelerating the industry’s shift to smart security screening solutions, over the recent past. A combined initiative of Airports Council International (ACI) and the International Air Transport Association (IATA), smart security is emerging as a streamlined solution for airlines, passengers, and their belongings. Recently, Australia’s first-ever smart security screening checkpoint was unveiled at the Melbourne Airport.

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Key Vendor Insights: Global Security Screening Market

Westminster Group PLC, one of the key players competing in security screening market, recently completed the acquisition of Keyguard UK Ltd. The latter is a leading company in the security screening space, providing the blend of manned security and the latest technology enabled security screening systems.

The former will now offer packages combining technology and guarding – particularly to the infrastructure security domain. This deal is expected to benefit both the business bases, in form of multiple cross-selling opportunities.

Besides Westminster, FMI’s report covers detailed strategic profiles of some of the most prominent companies operating in security screening market landscape, including American Science and Engineering, Inc., Analogic Corporation, Argus TrueID, Aware Incorporation, Digital Barriers, Mangal Security Systems Ltd., OSI Systems, Inc., Smiths Group plc, LAXTON GROUP, NEXT Biometric, Aratek, NEC Corporation, and Cognitec Systems GmbH.

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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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Report: https://www.futuremarketinsights.com/reports/radar-market
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Market earnings margins for consent management, production value, and consumption and demand data for the years 2028 to 2028

As per a new investigation of Future Market Insights (FMI), the Consent management market is relied upon to observe a promising development sooner rather than later, impacted partially by the vertical pattern of plain message show. Proposals by the Personal Information Management Services (PIMS) for the Consent management based on six plain language classes that limit disarray, have additionally been supplementing the ubiquity of the pattern, in this way affecting development of the Consent the executives market. 

Attributes Details
Estimate Market Size of consent management in 2021 US$ 988 Mn
Projected Market Size of consent management in 2028 US$ 1.8 Bn
CAGR during 2021 -2028 9%

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The presentation of new guidelines, like the GDPR, alongside the rising customer concerns in regards to information protection, is compelling associations to put resources into more formal inside structures with the end goal of successful Consent the executives. There has been a huge development in the necessity for proficient accounting and individual advanced information stockpiling gear among associations, in a bid to upgrade their Consent the executive’s contributions. 

The information protection guidelines in the Consent management market have driven associations to select devoted individual information security officials, Consent the executives cycles, and records. With effective information stockpiling hardware and Consent management stages set up, an association acquires the capacities to show an improved on grievance way to deal with Consent the executives controllers, repudiate or move information record upon solicitation, and answer shopper demands for data. 

Consent Management Demand Rises among Website Developers to Meet Data Management Requirements 

The worldwide Consent management market is probably going to observe an all out gradual chance of over US$ 1,000 Mn between the period 2018 and 2028. Consent management stages empower sites to meet different information the executives prerequisites, which incorporate those suggested by the EU and other administrative bodies for Consent assortment. 

Site designers are continually taking endeavors to incorporate Consent management stage, to understand the specialized capacity to refresh guests about the idea of individual information required, and request their Consent with respect to every information handling reason. Cloud arrangements and specialist organizations proceed to assuming an essential part in the advancing innovative turns of events, as an ever increasing number of endeavors embrace cloud administrations with persistent updates in the cloud-based information stockpiling arrangements, or programming as-a-administration (SaaS). 

Vital participants working in the Consent the executives market, as profiled in the review, incorporate CYBOT, Rakuten Marketing, PactSafe, Silktide, Trunomi, Quantcast, HIPAAT, CIVIC, ConsentEye, and OneTrust. 

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Consent Management Market – Key Research Findings: 

  1. GlobalConsent managementmarket surrounded incomes worth US$ 700 Mn in 2017. 
  2. TheConsentthe executives market is relied upon to develop at a CAGR of more than 9.0% through 2028. 
  3. Requirements forConsentassortment ordered by key guidelines like the General Data Protection Regulation (GDPR), EU ePrivacy, US/EU Privacy Shield, General Data Protection Law, and Protection of Personal Information Act (PoPI), keep on affecting development of the Consent the executives market. 
  4. Absence of all inclusive direction models for proficientConsent managementhas driven organizations follow “inferred Consent the executives” standards, where people have no unmistakable thought regarding what or how much private data has been traded. 

Key Segment

Based on component:

  • software
  • services

Based on services :

  • professional services
  • manages services

Based on deployment types:

  • on-premise deployments
  • cloud-based deployments

Based on end-use:

  • retail & e-commerce
  • government
  • technology
  • financial services
  • healthcare
  • higher education
  • other end-use industries

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Advanced (3D/4D) Visualization Systems Market Insights, Deep Analysis of Key Vendor in the Industry 2022-2028

A market research study titled “Advanced (3D/4D) Visualization Systems Market – Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028” was recently released by Future Market Insights (FMI). According to the analysis, the market for advanced (3D/4D) visualisation systems will surpass US$ 2,160.9 million in 2022 and grow at a moderate 4.2 percent CAGR from 2022 to 2028.

2022 Market Value US$ 2,160.9 Mn
2028 Market Value US$ 2,761.6 Mn
CAGR% (2022-2028) 4.2%
Share of Top 5 Players 20%

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Healthcare Sector to Remain Important for Advanced (3D/4D) Visualization System Vendors

The prevalence of lifestyle diseases, such as diabetes, cardiovascular disease, cancer, and neurological disorders, has increased due to the rising geriatric population, changing lifestyle, and excessive consumption of tobacco & alcohol. These factors are estimated to drive the demand for diagnostic imaging, which is, in turn, expected to provide opportunities for companies operating in the global advanced (3D/4D) visualization systems market.

Increase in medical tourism in emerging markets has led to the high adoption of advanced (3D/4D) visualization systems. These advanced (3D/4D) visualization systems enable countries to offer the best, yet cost-effective medical tourism solutions. This has, in turn, boosted the number of surgical procedures. Factors such as medical tourism and growing number of patients affected with chronic diseases, are estimated to propel the advanced (3D/4D) visualization systems market, especially in the developing parts of the world.

Manufacturers Focus on Introducing High-tech Features: An Emerging Market Trend

A major trend in the advanced (3D/4D) visualization systems market is the development of three-dimensional models from MRI and CT scans, which help guide surgical procedures and other minimally invasive treatments. These three-dimensional models may be developed by hands-on medical experts, 3D laboratories, or 3D reconstructions that are outsourced and transmitted via the internet. Various healthcare end-users of advanced (3D/4D) visualization systems are outsourcing 3D model creation to advanced (3D/4D) visualization system service providers.

In addition, manufacturers understand that it is imperative to monitor patient progress over months and often years for effective treatment of diseases, such as cancer and neurological disorders. The progression of cancer is unpredictable, which is why immediate access to patient history is of paramount importance for a doctor to make informed decisions regarding the future course of action. This requires the AV images to be adequately stored for the future course of treatment by comparing the present patient data with earlier records.

Picture Archiving and Communication System (PACS) has an advanced imaging system, such as MRI or CT, as one of its major components along with a data archival facility. Such innovations are estimated to drive the global advanced (3D/4D) visualization systems market.

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Scope of the Report

Attribute Details
Market value in 2022 US$ 2,160.9 Mn
Market CAGR 2022 to 2028 4.2 %
Share of top 5 players Around 20%
Forecast Period 2022-2028
Historical Data Available for 2013-2021
Market Analysis USD Million for Value
Key Regions Covered North America, Latin America, Europe, South Asia, East Asia, Oceania & Middle East & Africa
Key Countries Covered US, Canada, Germany, France, Italy, Spain, U.K., Benelux, Russia, Australia, New Zealand, China, Japan, South Korea, India, Malaysia, Indonesia, Australia & New Zealand, GCC Countries and South Africa
Key Segments Covered Platform, End User, Application and Region
Key Companies Profiled
  • Siemens AG
  • General Electric Company
  • Koninklijke Philips N.V.
  • LG Electronics Inc.
  • Thermo Fisher Scientific
  • FUJIFILM Corporation
  • CONMED Corporation
  • Pro Medicus, Ltd.
  • Carestream Health
  • Ziosoft
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Connectivity Features of Advanced (3D/4D) Visualization Systems to Gain Popularity

Upgraded hardware performance and enhanced internet connectivity have facilitated enhanced remote access to advanced (3D/4D) visualization system users outside particular hospitals and clinics or research institutes and research centres. Such advanced (3D/4D) visualization systems are transitioning towards specialised healthcare applications that required innovative post-processing. Such advanced (3D/4D) visualization system applications for surgical planning, Chronic Obstructive Pulmonary Disease (COPD), radiation treatment, liver analysis, and oncology management.

Healthcare professionals are utilising their smart mobile devices to communicate with patients as well as for reviewing scan results. Advanced (3D/4D) visualization system users can now utilise cloud-based services that facilitate the web hosting of these advanced (3D/4D) visualization system applications. Thus, technology- and hardware-related advancements are estimated to offer profitable opportunities in the global advanced (3D/4D) visualization systems market over the forecast period.

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In the global advanced (3D/4D) visualization systems market report, FMI Insights has segmented the global advanced (3D/4D) visualization systems market by platform, end-user, application, and region. The advanced (3D/4D) visualization systems market is still in the emerging stage in several developing nations. On the other hand, several players operating in the global advanced (3D/4D) visualization systems market are continuously striving to develop innovative products that are more precise, and serve multiple application areas simultaneously.

Some of the key advanced (3D/4D) visualization systems market players in this research report include, Siemens AG; General Electric Company; Koninklijke Philips N.V.; LG Electronics Inc.; Thermo Fisher Scientific; FUJIFILM Corporation; CONMED Corporation; Pro Medicus, Ltd.; Carestream Health; and Ziosoft.

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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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Handheld Arthroscopic Instruments Market demand is projected to be valued at US$ 3193.3 Million in 2022

[300 Pages Report] The global handheld arthroscopic instruments market is expected to be worth $3193.3 million in 2022, rising at a 4.8% CAGR to $5352.0 million between 2022 and 2032. The rising demand for specialised hand instruments among physicians is driving growth. The handheld arthroscopic instrument market grew at a 5.6% CAGR between 2016 and 2021.

Handheld Arthroscopic Instruments Market: Regional Outlook

On the basis of regional presence, the global handheld arthroscopic instruments market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, and Asia-Pacific excluding Japan, Japan, and Middle East & Africa. Currently, North America is contributing the leading shares to the global handheld arthroscopic instruments market in terms of value and anticipated to register a significant CAGR over a forecast period. APEJ is also contributing moderate shares to the market due to large population base and improving healthcare infrastructure facilities expected to show a robust growth to the global handheld arthroscopic instruments market. Europe is the most lucrative market for the handheld arthroscopic instruments market. MEA is at a nascent stage to the global handheld arthroscopic instruments market and anticipated to register a decent growth to the market over a forecast period. Overall, the global handheld arthroscopic instruments market is expected to show significant growth over a forecast period.To remain ahead of your competitors, request for a sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-6001 

Arthroscopic instruments are used in procedures related to hand, knee, hip, shoulder and joint procedures. These instruments are mostly metallic and non-disposable. Arthroscopic instruments are used in arthroscopy which is used for the treatment, visualization, and diagnosis of joints related problems. Handheld arthroscopic instruments includes knives, graspers, probes, scissors, dissectors, punches, scissor punches and shears. These hand instruments comes in variety of configuration to suit surgeon preference and surgical need. Hand instruments are often sold as a complete package for treatment of a specific indication. Graspers and cutters are generally used in shoulder procedures whereas biters are usually used in knee surgeries. A basic arthroscopic kit consist of an arthroscope, a light source and cable, camera system and monitor, arthroscopic probe, an arthroscopic grasper, a shaver and arthroscopic punches. Arthroscopic surgeries offer several benefits over open surgeries as these surgeries tends to give less postoperative pain and these results in faster recovery.

Handheld Arthroscopic Instruments Market: Drivers and Restraints

The global handheld arthroscopic instruments market is anticipated to register a significant CAGR over a forecast period. The rise in number of ambulatory surgical centers (ASCs) in developed countries and ongoing technological advancements to make the procedure easier and safer, is anticipated to boost the demand of the handheld arthroscopic instruments market and drives the global handheld arthroscopic instruments market. The increase in the demand of physicians for specialized hand instruments is likely to fuel the growth of handheld arthroscopic instruments market. The increase in the number of arthroscopic procedures performed is also anticipated to drives the global handheld arthroscopic instruments market.

However, the long lifespan of hand instruments as most of these instruments are metallic and long lasting may hamper the demand for the handheld arthroscopic instruments market and restrain the growth of the global handheld arthroscopic instruments market. The non-disposable nature of these instruments limits the need of these instruments in market and restrain the growth of global handheld arthroscopic instruments market. Also, many skilled surgeons are unwilling to try the new designs and stay with their older generations of handheld instruments due to familiarity is another factor also hinder the demand for the handheld arthroscopic instruments market.

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Handheld Arthroscopic Instruments Market: Key Players

Some of the major market players in handheld arthroscopic instruments market globally include Smith & Nephew, Karl Storz, Stryker, Arthrex, Zimmer Biomet, Tornier N.V. and others. These companies are highly focused on the development of advanced handheld arthroscopic instruments further contributing to the growth of handheld arthroscopic instruments market globally.

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.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

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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Handheld Arthroscopic Instruments Market: Segmentation 

The global handheld arthroscopic instruments market is segmented on the basis of product type, application and end user:

On the basis of product type, the global handheld arthroscopic instruments market is segmented into:

  • Knives
  • Graspers
  • Scissors
  • Others

On the basis of application, the global handheld arthroscopic instruments market is segmented into:

  • Knee surgery
  • Shoulder surgery
  • Hip surgery
  • Others

On the basis of end user, the global handheld arthroscopic instruments market is segmented into:

  • Hospitals
  • Ambulatory surgical centers (ASCs)
  • Specialty clinics

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

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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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Muscle Stimulation Devices Market is projected to expand at a CAGR of 3.9% by 2028

The performance of the global muscle stimulation devices market is expected to witness immensely impactful developments, with potential improvements in the recovery of stroke through nerve stimulation. With rising rate of AIS (acute ischemic stroke), the focus has been shifted to improving the associated stages of stroke care, including prevention, intervention, and rehabilitation. The Ohio State University has been conducting a new clinical trial to shorten the motor skills recovery period in stroke patients, via VNS (vagus nerve stimulation).

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The trial involves the use of a device – Vivistim, which has been developed by MicroTransponder, a Dallas-based company. The device functions by coupling VNS with the muscle movement, during rehabilitation. It is supposed to build up the motor function, learning, and memory, drastically improving the post-stroke outcome thereby. This nerve stimulation therapy, if used in tandem with appropriate interventions, can potentially result in excellent rehabilitation, minimizing the impact of complications that may follow the treatment process. If Vivistim delivers positive results and enables stroke patients to regain their motor function early, the market participants may witness multiple doors of opportunities in the rehabilitative treatment area.

Key Companies to Focus on Strong Distribution Channel Development & Suppliers to Strengthen Presence in Emerging Markets

New and innovative product launches such as wireless devices are being considered by manufacturers as the key to achieve enhanced device capabilities, which is presumed to trigger sales in long term. To expand market shares and improve distribution network through the next decade, several players are prioritizing strategic partnerships, i.e. distribution agreements for their product offerings. Enhanced distribution will also help the stakeholders penetrate various untapped regional markets.

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Key players in the global muscle stimulation devices market are focusing on development of new pain management methods and techniques. Adoption of innovative marketing strategy by muscle stimulation device manufacturers is attributed to their gradually increasing market value share. Increased focus on strengthening of distribution channel will reportedly be the key for market expansion in emerging economies. On the flipside, suppliers are likely to consider patient needs as a top priority, while ensuring the supply of high-quality products to end users. Stakeholders are strengthening product portfolio by launching new products with improved features, and through strategic mergers and acquisitions. Moreover, a growing number of local players in the muscle stimulation devices market is expected to result in creating a fragmented market, since the market is already led by smaller-sized firms catering to domestic customer demands.

Muscle Stimulation Devices to Face Passive Growth

Despite immense scope for innovation in product development and applications, the global market for muscle stimulation devices is projected to observe sluggish growth over the next decade. As prompted by a recent research study by Future Market Insights, the global muscle stimulation devices market will expand at a CAGR of 3.9% during 2018-2028, attaining a value of over US$ 870 Mn by 2028 end. High price point will remain a longstanding factor limiting widespread adoption of muscle stimulators. Stringent regulatory norms regarding the launch and use of muscle stimulation devices is also anticipated to hinder market growth in upcoming decade.

By value, North America and Western Europe are expected to represent the dominant markets for muscle stimulation devices, whereas developing economies such as APEJ, Latin America, and Eastern Europe will reportedly exhibit relatively promising performance over the projection period.

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Key Segments

The next section analyses market on the basis of product type and presents forecast in terms of value (US$ Mn) for the next 10 years. Product types included in the report are-

  • Neuromuscular Electric Stimulator (NMES)
  • Transcutaneous Electric Nerve Stimulator (TENS)
  • Interferential (If)
  • Burst Mode Alternating Current

The next section analyses market on the basis of indication and presents forecast in terms of value (US$ Mn) for the next 10 years The global muscle stimulation devices market is segmented on the basis of application into:

  • Pain Management
  • Neurological & Movement Disorder Management
  • Musculoskeletal Disorder Management

The next section analyses the market on the basis of the end user and presents forecast in terms of value (US$ Mn) for the next 10 years. On the basis of the end user, the global muscle stimulation devices market is categorized into:

  • Hospitals
  • Physiotherapy Clinics
  • Sports Clinics
  • Home Care Settings

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Connected Drug Delivery Devices Market is projected to reach US$ 1.6 Billion by 2028

[228 Pages Report] According to the analyst of Future Market Insights (FMI), the leading manufacturers of connected drug delivery devices are focusing collaboration with the software companies to assess the cloud data system in their devices.

The market for connected drug delivery devices is foreseen to witness a stellar growth rate of 25.6% from 2013 to 2028 rising to a valuation of US$ 1,304.7 Mn from US$ 132.2 Mn in 2022.

Moreover, it helps the manufacturer to launch the product more conveniently and to enhance their distribution channel. Manufacturers of inhalers to treat asthma and chronic lung disease are racing to develop a new generation of smart devices with sensors to monitor if patients are using their puffers properly.

The companies operating in the global connected drug delivery devices market are OPKO Health Inc., Bayer AG, 3M Company, West Pharmaceutical Services, Inc., and Teva Pharmaceutical Industries Ltd., among others.

Rapidly evolving technologies, for instance, cloud-based computing models, are enabling the healthcare industry towards a transition to a new architecture.

Cloud technology along with advances in mobility and telepresence solutions is expected to create new unwired business models capable of providing healthcare anywhere.

The use of cloud technology will increase, aided by the proliferation of mobile health applications to collect and send vital signs from wireless and wired remote patient and personal health monitoring devices. Cloud-based platforms and new IT service models will fundamentally change the healthcare business equations and create opportunities for new players to enter the industry.

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Growing Demand for Injectable Drug Delivery to Aid Market Growth

The rising preference for injectable drug delivery is anticipated to drive the market for sterile drugs globally. Self-administration of drugs through usage of pre-filled syringes is one of the ways that can help patients to save the fees given to a caregiver. There is an increased demand for large molecule drugs in pre-filled syringes as compared to small molecule drugs in pre-filled syringes

Following this opportunity, the manufacturers are expected to cash in on profits through introduction of smart injectable drug delivery mediums among their portfolio. The progress is expected to be more prominent in the allergic reactions (Anaphylaxis) indication segment. Further, an upsurge in the number of large molecule drugs that need to be manufactured in injectable format is expected to fuel the growth of the market. Likewise, data generated by bioavailability studies is proving to present a definitive relation between pharmacodynamics and pharmacokinetics for such sterile drugs, which is also expected to offer support to the growth of the market.

Mobile applications are also being used for the treatment of patients suffering from Alzheimer, Diabetes, COPD or Asthma. Mobile applications with the use of GPS help to track the patient location. If the patient is travelling away from the home, the caretaker can track the exact location of the patient and also track the consumption of dosage by using mobile application. Most of these applications have been developed for the cloud. Placing the wireless solution on a cloud storage system helps with connectivity issues and makes it easier to communicate across different information regimes.

Limited Knowledge and Adoption Rate among Patients to Hinder Growth Rate

The deployment of connected drug delivery devices is not yet widely promoted within the public health system. This is attributed to the high cost of the product, limited reimbursement, and dearth of awareness among the patients regarding the technology. Moreover, complexity and limited availability of the device further reduces penetration. For instance, interpretation of insulin delivery trend for analysis, is considered to be useful however, because of the complicated user interface, the patients cannot interpret them smoothly. As per the current scenario, such obstacles might directly have an adverse effect on the overall growth of the connected drug delivery devices market.

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Key Segments of Connected Drug Delivery Devices Industry Survey Connected Drug Delivery Devices Market by Product Type:

  • Inhalation Devices
  • Injectable Devices
    • Handheld Injectable Devices
    • Wearable Injectable Devices

Connected Drug Delivery Devices Market by End User:

  • Hospitals
  • Clinics
  • Home Care

Connected Drug Delivery Devices Market by Application:

  • Anaphylaxis
  • Cardiovascular
  • Diabetes
  • Hormone Replacement
  • Others

Connected Drug Delivery Devices Market by Technology:

  • Bluetooth Drug Delivery Devices
  • Near Field Communication Drug Delivery Devices

Connected Drug Delivery Devices Market by Region:

  • North America Connected Drug Delivery Devices Market
  • Latin America Connected Drug Delivery Devices Market
  • Europe Connected Drug Delivery Devices Market
  • East Asia Connected Drug Delivery Devices Market
  • South Asia & Pacific Connected Drug Delivery Devices Market
  • Middle East & Africa (MEA) Connected Drug Delivery Devices Market

About FMI:

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

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