Market Research Blog – Page 11334 – New Product Development

Small Molecule API Market Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2031

Increasing demand of high potency drugs and increasing cases of chronic diseases are expected to boost small molecule active pharmaceutical ingredient (API) Market. In a study, Future Market Insights (FMI) has forecast the small molecule API market to exhibit 5% CAGR between 2021 and 2031. According to the report, although in-house manufacturing is currently leading the market, the trend towards outsourcing in the pharmaceutical industry makes outsourced production more lucrative. The outsource segment is therefore likely to account for 50% of production in the market during the forecast period.

A small molecule drug can enter cells easily because it has a low molecular weight. Once inside the cells, it can affect other molecules, such as proteins, and may cause cancer cells to die. Increasing research on small molecule APIs and novel Biologics APIs will boost the market growth. High potency drug market is a growing pharmaceutical segment. Increasing prevalence of cancer and other chronic diseases owe to the need of oncology drugs and antibody drug conjugates.

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The oncology market is growing enormously. High potency drugs constitute significantly to the new drugs that are under development. Small molecule demand still dominates the API market, however new biological entity demand is also growing rapidly growing healthcare expenditure is resulting in new molecule discovery, the evaluation of various molecules for possible disease treatment, and the adoption of an innovative approach to these studies.

As increasing prevalence of chronic disorders like cardiovascular diseases, diabetes, cancer and infectious diseases, and increasing research on small molecule APIs will boost the market growth. Besides this, government funding to API manufacturing units is also increase in developing countries like India, Israel, and China. In May 2020, AstraZeneca recovered the global rights to brazikumab from Allergan. Small molecule monoclonal antibody is developed for Crohn’s Disease and Ulcerative Colitis and adds to their growing presence in Immunology

Coronavirus pandemic has changed the public medical care needs and spending however this is viewed as transient effect on the Small Molecule API market. The immense COVID-19 patient pool attracted spotlight on the treatment of these patients, in turn increasing the demand for small molecule API.

Key Takeaways from Small Molecule API Market Study

As a result of increasing healthcare spending and favorable reimbursement policies, the U.S. accounts for over 87% of North America small molecule API market
Rising focus on health and wellness will enable the U.K. exhibit a little below 4% y-o-y growth in 2021
Germany will account for maximum sales in Europe. Besides this, the demand from France too is expected to rise
Increasing investment in research and development within pharmaceutical will drive sales in China

“The market is highly competitive, compelling the key players to aim at strategic partnerships. Some of the leading players have been focusing on strategic collaborations to expand their footprint and portfolio” says the FMI Analyst

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The use of external resources (people, equipment and/or expertise) to facilitate the preparation of Active Pharmaceutical Ingredient (API) or advanced intermediates has become a common practice for most pharmaceutical development organizations. In early development the reasons to seek external support for the manufacture of API was attributed to a number of factors, including a lack of sufficient internal capacity, a need to source unique technical expertise or a desire to achieve overall cost reductions.

For organizations which have no internal GMP manufacturing capabilities whatsoever (e.g. biotech companies), outsourcing is, of course, a necessity. However, companies which have some level of internal manufacturing capacity may have options to use outsourcing to their strategic advantage. This outsourcing capability has increase the source of generating more revenue for new emerging companies. For fast growth of industry they follow outsourcing strategies.

In addition, key players in the Small Molecule API market are keenly focusing on carrying out strategic activities such as advance technology for manufacturing, acquisitions, in order to create a strong position into the market is leading into vigorous developments which is helping the market to grow at a considerable rate.

For Instance, In January 2020, Novartis acquisition of operations of Aspen in Japan. This acquisition strengthened Sandoz’s position in world market of off-patent medicines and generic drugs manufacturing.

Key Participant Insights

Various manufacturers are undergoing partnerships, collaborations, acquisitions and distribution agreements to improve their market footprint.

For Instance, in December 2020, Pfizer Inc. and PostEra announced a strategic partnership with the goal of accelerating small molecule drug discovery by developing a platform technology based on generative chemistry.

Also, in January 2020, Merck announced its strategic collaboration for oncology platform with Taiho Pharmaceutical Co, Ltd. And Taiho Pharmaceutical Co, Ltd to expand its focus on small molecule inhibitors for cancer research.

Key players in the Small Molecule API market are focusing on developing novel drugs due to its demand across various therapeutic area. Some of the key players are , Hoffmann-La Roche Ltd, Albany Molecular Research Inc., AstraZeneca, Merck & Co, Inc., BASF SE, Teva Pharmaceutical Industries Ltd., Sanofi S.A., Pfizer Inc., Nanjing King-Friend Biochemical Pharmaceutical Co., Ltd., Novartis AG, Bristol-Myers Squibb, Boehringer Ingelheim GmbH, GlaxoSmithKline PLC, GILEAD Science Inc.,

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Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global Small Molecule API market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on Small Molecule API market on basis of Molecule by (Standard API, High Potency API), By Production (In-House, Out Source),Application (Clinical, Commercial), Therapeutic Area (Cardiovascular Diseases, Respiratory Disorders, Infectious Diseases, Metabolic Disorders, Oncology, Immunology, Neurology, Urology, Dermatology , Ophthalmology , General Health, Others) across seven major regions.

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Small Molecule API Market by Category Molecule Type

Standard API
HPAPI

Production

Captive/In-House
Out Source

Application

Clinical
Commercial

Therapeutic Area

Cardiovascular Diseases
Respiratory Disorders
Infectious Diseases
Metabolic Disorders
Oncology
Immunology
Neurology
Urology
Dermatology
Ophthalmology
General Health
Others

Region

North America
Latin America
Europe
East Asia
South Asia
Middle East and Africa (MEA)
Oceania

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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Obesity Management Market is estimated to reach US$ 1.3 Billion by 2031

Globally, more than 1 billion individuals are overweight or obese and the numbers continue rising. This high prevalence of obesity will drive demand for obesity management products and services in the long term.

According to the World Health Organization (WHO), approximately 1.9 billion adults were overweight and 650 million adults were obese. Whereas 38.3 million children under 5 years of age were either overweight or obese in 2019. One in three adults in North America is obese. In the U.S., 80 million adults and 12.7 million children suffer from obesity.

Obesity is a prominent community health problem in many parts of the world. It is associated with numerous health disorders including gallbladder disease, heart disease, diabetes, stroke, hypertension, and fatty liver disease in addition to some cancers. According to a recent Future Market Insights (FMI) report, the market is set to surpass US$ 1.2 Bn by the end of the forecast period in 2031, with a CAGR of over 5%.

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Furthermore, there has been an increase in the per capita healthcare expenditure, especially in developed countries, with better reimbursement policies. People are now inclined towards out-of-pocket expenditure healthcare. Personal health, grooming, and concerns over social discrimination are leading people to take obesity management consultations.

However, the unprecedented pandemic crisis has had a significant impact on the obesity management market due to a slump of patient footfall in hospitals and clinics. Preference is now being given to the treatment of COVID-19 patients, limiting resources for anti-obesity consultations and related drugs or surgeries.

Also, there has been a halt in clinical trials for weight management drugs. However, with the availability and commencement of the COVID-19 vaccination, the clinical trials are resuming and are anticipated to pick up pace during the forecast period. Also, the adoption of telehealth and in developing countries is likely to bode well for the future of the market in the long term.

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Key Takeaways from Obesity Management Market Study

Bupropion and Naltrexone will reflect register faster growth at a CAGR of 8.4%, owing to an increase in the preference for combination therapy in weight management.
Gastric sleeve surgery will account for over 40% of the market throughout the forecast period owing to benefits of simplicity and time-efficiency.
The U.S. will lead the North America market with a share of over 64% in 2021, driven by continuing diet and lifestyle issues prevalent in the country.
Germany followed by Russia are leading markets in Europe, reflecting CAGR of over 6% through the end of 2031, driven by improvements in public health programs.
Japan dominates the East Asia market, accounting for 49% value share in 2021, with government awareness programs contributing to growth.

“The rapidly increasing obesity cases and the resultant chronic diseases have triggered concern among patients and healthcare professionals. The COVI-19 crisis has alarmed people, as overweight people are at higher risk of acquiring SARS-COV2. This consciousness may help in encouraging obesity management uptake through 2021 and beyond,” says the FMI analyst.

Key Participant Insights

Prominent players in the Obesity Management Market are focusing on collaborations, mergers & acquisitions for global expansion and enhanced opportunities focused on emerging economies thereby, enhancing their market presence.

The key market players covered by FMI include GlaxoSmithKline Plc., VIVUS, Inc., Novo Nordisk A/S, Currax Pharmaceuticals LLC, Cheplapharm Arzneimittel GmbH, Bausch Health Companies Inc., and Takeda Pharmaceuticals, Inc.

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Obesity Management Market by Category

By Drug Type:

Bupropion and Naltrexone
Orlistat
Lorcaserin
Phentermine and Topiramate
Liraglutide

By Surgery Type:

Gastric Bypass Surgery
Adjustable Gastric Banding Surgery
Gastric Sleeve Surgery
Duodenal Switch Surgery
Others

By Distribution Channel:

Hospitals Pharmacies
Retail Pharmacies
E-commerce

Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)

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Digital Rights Management Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

The global digital rights management market is expected to garner US$ 17.8 Billion, exhibiting a CAGR of 13.5% during the forecast period from 2022-2032. The market is valued at US$ 5 Billion in 2022, against US$ 4.4 Billion in 2021. The growth of the market can be attributed to the rising demand for copyright protection among corporates to safeguard their content.

Also, with rapid growth in the usage of PCs and laptops, there have been various incidences of hacking that interfere with government and corporate networks to gain access to confidential details. With the increasing penetration of digital devices, data volume has increased significantly, thus, expanding the market size in the forecast period. Also, the growing popularity of the BYOD trend among corporates has provided the impetus to the market expansion, offering various opportunities for real-time access to business information with a flexible work culture.

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In addition, with the increasing demand for OTT content, the market is likely to witness notable opportunities for expansion in the assessment period. The increasing popularity of OTT platforms like Netflix, Hulu, Amazon Prime, and Disney Plus among others is predicted to positively influence the market. On the contrary, additional overhead costs and associated complexities with DRM are likely to hinder the market growth in the coming time. However, with continuous developments in data security like up-gradation to end-to-end encryption are expected to counter the negative factors and support the market expansion in the coming years.

Key Takeaways from the Market Study:

The global digital rights management market to value US$ 17.8 Billion from 2022-2032
The global digital rights management market to witness a 13.5% growth rate from 2022-2032
The software segment, by component, to expand at 9.8% CAGR from 2022-2032
The On-premise segment, by deployment, to exhibit a 6.7% growth rate by 2032
The U.S market to expand at 9.8% CAGR and garner US$ 3.1 Billion by 2032
Market in China to procure USD 90 Mn from 2022-2032
Indian market to secure US$ 500 Million during the forecast period

Competition Analysis

Key players in the global digital rights management market include Adobe Systems Incorporated, Apple Inc., Conax AS, Dell EMC, and Fasoo.com Inc., among others. Recent key developments among players include:

In January 2020, Seclore, a data-centric security platform in the U.S, rolled out Seclore for O365. Organizations are using digital right management technologies to secure sensitive data information.
In February 2021, RAIR Technologies announced a decentralized digital rights management platform. It was built to power digital scarcity for creators.

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More Valuable Insights

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

Key Segments Covered In The Digital Right Management Industry Report

Digital Rights Management by Component:

Digital Rights Management Software
Digital Rights Management Services

Digital Rights Management by Deployment Type:

On-Premise Digital Rights Management
Cloud-Based Digital Rights Management

Digital Rights Management by End Use Industry:

Digital Rights Management for Healthcare
Digital Rights Management for BFSI
Digital Rights Management for Government
Digital Rights Management for Media and Entertainment
Digital Rights Management for Retail
Digital Rights Management for Other End Use Industries

Digital Rights Management by Region:

North America Digital Rights Management Market
Europe Digital Rights Management Market
Asia-Pacific Digital Rights Management Market
Middle East & Africa Digital Rights Management Market
South America Digital Rights Management Market

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Endovenous Laser Therapy Market is expected to reach US$ 811.0 Million by 2031

[151 Pages Report] According to a recent study by Future Market Insights (FMI), the global endovenous laser therapy market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 378.3 Mn in 2021 to over US$ 811.1 Mn by 2031. This reflects a cumulative CAGR of around 7.9% over the forecast period (2022-2031).

Rise in number of varicose veins cases, availability of technologically advanced laser therapy, shift towards minimally invasive procedures and increasing product launches are the primary factors responsible for the growth of the market during the forecast period.

Varicose veins are more common in pregnant women, partially because the baby puts more pressure on the veins and partly because hormones generated during pregnancy relax vein walls. Varicose veins can develop as a result of damage to a deep leg vein. Over the projected period, rising instances of varicose veins are expected to drive revenue growth in the endovenous laser systems market.

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Another factor that is having a positive impact on endovenous laser therapy is the rapid change in lifestyle with no physical activity and labour across the globe, as well as the rise in the elderly population, both of which are anticipated to contribute to the global market’s growth over the forecast period. The market is also expected to develop due to the quick and effective technique as well as the growing demand for endovenous laser therapy.Moreover, growing prevalence of obesity worldwide is driving growth of the endovenous laser therapy market. Obesity leads to problems related to blood circulation which leads to varicose veins.

Medical device manufacturers operating in the endovenous laser therapy market are focusing on providing user friendly devices to the end users to minimize chances of manual errors. In addition, continuous launch of new and improved products and increasing investment in research and development by the manufacturers in endovenous laser therapy devices would lead to growth of global market over the forecast period.

Key Takeaways from Endovenous Laser Therapy Market Study

Endovenous laser systems held the maximum share of 92.0% in 2021 by component, expanding at a rapid rate owing to the rising number of varicose veins cases and increase in number of product launches with advanced features.
Ambulatory surgical centers showed maximum growth among all end users with a market share of 36.2% in 2021 owing to the rise in demand for outpatient surgeries. In countries such as the U.S., endovenous laser therapy for varicose veins is majorly performed in ambulatory surgical centers rather than hospitals in order avoid long-time waiting in big hospital settings, which is why the segment is developing at a rapid rate
North America held the largest share of 42.7% of the global endovenous laser therapy market by region in 2021 indicating the growth due to increase in prevalence of obesity and growing number of FDA approvals in North America.

“Growing prevalence of varicose veins, shift towards minimally invasive procedures, availability of novel laser treatment and increasing number of product launches Is Expected to Drive the Demand for Endovenous Laser Therapy over the Decade,” says the FMI Analyst

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Who is winning?

The key market players covered by FMI include AngioDynamics, Inc., Syneron Medical Ltd., Dornier MedTech GmbH, Alma Lasers Ltd., Alna-Medical system GmbH, LSO Medical, Wontech Co., Ltd., intros Medical Laser GmbH and Energist Ltd.

Some of the leading manufacturers of endovenous laser therapy market are focusing on product launch, approvals, collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence.

In January 2021, Syneron Medical Ltd. announced the availability of the Frax Pro™ system. The FDA-cleared and CE-marked, non-ablative fractional device is the first platform featuring dual-depth skin resurfacing with both Frax 1550™ and the novel Frax 1940™ applicators.
In July 2020, Wontech announced that ‘Picowon’, an alexandrite (755nm)-based pico laser, has obtained US Food and Drug Administration (FDA) approval for the first time in Asia and the second in the world.

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The study provides compelling insights on endovenous laser therapy segment based on product (Endovenous Laser Systems {Diode Lasers and YAG Lasers}, and Endovenous laser Fibers {Bare Tip Laser Fiber, Radial Tip Laser Fiber and Gold Tip Laser Fiber}), and end user (hospitals, ambulatory surgical centers and Specialized Clinics) across seven major regions.

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Endovenous laser therapy Market by Category By Product

Endovenous Laser Systems
- Diode Lasers
- Yag Lasers
Endovenous Laser Fibers
- Bare Tip Laser Fibers
- Radial Tip Laser Fiber
- Gold tip Laser Fiber

By End User

Hospitals
Ambulatory Surgical Centers
Specialized Clinics

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East & Africa

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Automotive ECU Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

Automotive ECU or Electronic Control Unit is a family of computer systems that controls and maintains the entirety of electronic, electrical and mechanical systems of a vehicle. ECU can be classified based on the functions such as Engine Control Module (ECM), Body Control Module (BCM), Electronic Brake Control Module (EBCM), Powertrain Control Module (PCM), Transmission Control Module (PCM), Suspension Control Module (SCM), Door Control Unit (DCM), Battery Management System (BMS), General Electric Module (GEM) and others. Automotive functions ranging from the movement of the windows to the amount of air-fuel mixture required for each engine cylinder has an ECU system embedded with it which is recorded, analyzed and stored in the microcontroller. Technological advancements in automotive technology has led to an increase in implementation of complex ECUs in a vehicle. Some of the automobile models running today on the roads have more than 80 different ECUs present in it.
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Automotive ECU Market Dynamics
Increased demand for technologically advanced vehicles like hybrid cars in the developed and developing countries is one of the major factors driving the growth of ECU market. Government regulations to reduce fuel usage and increasing demand for better mileage of the vehicles by the general public is another major factor leading to high growth of ECU market in the automotive industry. The steady growth of alternative vehicle choices such has the hybrid and pure electric cars in the developed nations has contributed significantly to the ECU market due to high complexities of these vehicles over conventional vehicles. Driver safety, security concerns, ease of driving, low maintenance demanded by the customers are also some of the factors driving the growth of ECU market.

The involvement of smartphones connected to the vehicle providing the driver with real time information about the state of vehicle is a major trend in recent times. These advanced ECU systems with the provision to connect with the smartphones easily can lead to an improvement in the growth of ECU systems.

An ECU system usually comprises of electronic and mechanical components working in tandem with each other. Perfect integration of these components is a major challenge which in turn can hinder the growth of the ECU market.

Automotive ECU Market: Segmentation

Automotive ECU System Market can be segmented by vehicle type, sales channel and applications.
By vehicle type it can be segmented as:
Passenger vehicles
Internal Combustion Engines
Hybrid Vehicles
Battery Electric Vehicles (BEV)
Light Commercial Vehicles
Heavy Commercial Vehicles
By sales channel, it can be segmented as:
Original Equipment Manufacturer
Aftermarket
By application, it can be segmented as:
Engine Control Module
Transmission Control Module
Powertrain Control Module
Airbag Control Module
Body Control Module
Electronic Braking Control Module
Steering Control Module
Climate Control Module
Automotive ECU Market: Regional Outlook
The Global Automotive ECU system market is segmented into seven geographical regions such as North America, Latin America, Western and Eastern Europe, Asia Pacific Excl. Japan (APEJ), Japan, Middle East and Africa (MEA). Automotive production hubs such as China, India, and South Korea in the APEJ region is anticipated to grow at a significant CAGR due to steady growth of automotive production and sales. North America has witnessed a steady growth rate in the adoption of hybrid and electric vehicles leading to improved sales of automotive ECU market in the region.
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Automotive ECU Market: Key Players
Some of the major players identified in the Global Automotive ECU Systems are:
Robert Bosch GmbH
Continental AG
Magneti Marelli S.p.A.
Denso Corporation
ZF TRW Automotive
Delphi Automotive
Autoliv Inc.
Hitachi Automotive
Takata Corporation
Mitsubishi Electric Co.

Key Segments

By Types:

Passenger vehicles
Internal Combustion Engines
Hybrid Vehicles
Battery Electric Vehicles (BEV)
Light Commercial Vehicles
Heavy Commercial Vehicles

By Sales Channel:

Original Equipment Manufacturer
Aftermarket

By Application:

Engine Control Module
Transmission Control Module
Powertrain Control Module
Airbag Control Module
Body Control Module
Electronic Braking Control Module
Steering Control Module
Climate Control Module

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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Accounts Payable Automation Market 2022 Development Status, Competition Analysis, Type and Application 2032

The global market for accounts payable automation is calculated at US$ 2.6 Bn in 2022 and is projected to reach US$ 6.7 Bn by 2032. The market is expected to reach a CAGR of 10% during the forecast period from 2022 to 2032. Companies are experiencing the biggest boom in the adoption of software enhanced with machine learning and artificial intelligence (AI) across various industries. An advanced invoice software system reduces the amount of manual work required for complex matching tasks, allowing them to be conducted with greater reliability. Intelligent software also simplifies the process of detecting and correcting errors, making them more effective in the market.

A major driving force behind the market is the growing demand for automation in accounts payable due to the numerous advantages it offers, including remote payment options, real-time fast-tracking of the payments, 24/7 access to payment information, and improved efficiency. As a result of automation, cash patterns can be identified, helping to improve security and fraud management while enabling complete control over invoice approvals.

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Key Takeaways:

Global account payable automation market to reach US$ 6.7 Bn by 2032.
By Component, Solutions are projected to grow at a CAGR of 10% during the forecast period.
S. market is estimated to reach US$ 2.4 Bn while growing at a CAGR of 9.7% during the forecast period.
By Deployment Type, On-premises deployments will grow at a CAGR of 9.6% during the forecast period.
China is expected to reach a CAGR of 9.3% with a market value of US$ 458.3 Bn in 2032 during the forecast period.
The Japanese market is expected to reach a market value of US$ 384.4 Billion by 2032.

Competitive Landscape

Key Players that have been profiled in the report are SAP, Sage, Tipalti, Freshbooks, FIS, Zycus, Bottomline Technologies, Coupa Software, Comarch, and FinancialForce. In an effort to emerge as a recognized and profitable business, firms continue to adopt a strategy that includes new product launches, R&D, patents, approvals, events, product innovations, joint ventures, partnership agreements, digital marketing, collaborations, mergers,, and acquisitions.

In May 2021, Repay Holdings Corporation integrated its account payable automation offering into Sage 100. With this new product offering, Sage now also offers connections to Sage 300 and Sage X3 products. With its integration of accounts payable solutions to Sage 100, Repay continues its commitment to helping businesses reduce costs and optimize processes. Companies can access the new payment option through APS Payments, which offers omnichannel solutions for corporate payments.
In December 2021, Tipalti announced that it has raised $270 million in a Series F funding round that values the company at $8.3 billion. In addition, Tipalti plans on using the new capital to focus on customer operations and a global expansion. Furthermore, the company plans to fill positions spanning its product, engineering, sales, and marketing teams.

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More Valuable Insights Available

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

Key Segments Covered in the Accounts Payable Automation Market

By Component:

Solution
Services

By Deployment Type:

On-premises
Cloud

By Organization Size:

SMEs
Large Enterprises

By Vertical:

Consumer Goods and Retail
BFSI
Information Technology (IT) and Telecom
Manufacturing
Healthcare
Energy and Utilities
Others

By Region:

North America
Europe
Asia Pacific
The Middle East and Africa
Latin America

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Distributed Antenna Systems Market 2022 Outlook, Current and Future Industry Landscape Analysis 2032

The global distributed antenna systems market is expected to secure US$ 29.7 Billion, while exhibiting a 9.5% CAGR during the forecast period ranging from 2022 to 2032, as per a recent study published by ESOMAR-certified Company Future Market Insights. As of 2022, the market is expected to close at a valuation of US$ 12 Billion.

In the past few years, distributed antenna market has gained enormous interest due to improvements in wireless communication technology. Transmission and reception are the main transmission and reception. The growth in the telecom industry is one of the major factors fueling the growth of distributed antenna systems. From 2015 to 2021, the industry grew at a CAGR of 10.4%, concluding at US$ 10.8 Billion.

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Moreover, with the rising initiatives taken towards digitalization and continuous rise in usage of distributed antennas for various applications such as wireless microphone, wireless system is fueling the growth of the satellite antenna market.   Distributed Antenna Systems (DAS) have become a critical part of both carrier cellular networks and enterprise infrastructure. The global distributed antenna market is growing rapidly mainly due to the augmenting demand for the sustainable network connectivity. Distributed Antenna System (DAS) is a signal booster for indoor and outdoor system to strengthen the signal reception of mobile operators.

Key Takeaways

Global distributed antenna system market to experience 2.5x growth until 2032
Based on component, distributed antenna hardware to register maximum sales, growing at a 9.7% CAGR
Cellular/commercial DAS to remain the top technology, flourishing at a 9.2% CAGR
U.S to be an opportunistic distributed antenna system market, yielding US$ 8.2 Billion by 2032
U.K to experience significant market expansion, at a value CAGR worth 8.6%
China to be a significant investment hub, expected to yield over a billion dollar growth opportunity
Japan & South Korea to be key players in the global market, jointly growing at a 19% CAGR

Competitive Landscape

Key players in the global Distributed antenna market include American Tower Corporation, AT&T Inc., Bird Technologies, Boingo Wireless Inc., Cobham Wireless

among others. Key developments among players include:

In June 2020: Boingo Wireless was selected by the Hawaii Tourism Authority to design, build, operate, and maintain a neutral host cellular and public safety DAS network for the Hawaii Convention Center (HCC). The long-term, 10-year agreement will bring improved cellular coverage and capacity to the 1.1 million square foot facility and help HCC accommodate connectivity demands of the 5G era.
In May 2020, SOLiD has announced the launch of edgeROU, a fiber-to-edge remote unit for the ALLIANCE DAS product family. SOLiD designed edgeROU specifically to solve the challenges experienced by mobile users in buildings. As building owners strive to improve the user experience and profitability, edgeROU, based on proven ALLIANCE technology, delivers the seamless, anytime, anywhere service customers expect.

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More Valuable Insights

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

Key Segments Covered in the Global Distributed Antenna Systems Market Report

Distributed Antenna Systems by Component

Distributed Antenna Hardware
Distributed Antenna Services

Distributed Antenna Systems by Technology

Cellular/Commercial Distributed Antenna Systems
Public Safety Distributed Antenna Systems

Distributed Antenna Systems by End User

Distributed Antenna Systems for Offices/Corporate Campuses
Distributed Antenna Systems for Hospitality
Distributed Antenna Systems for Healthcare
Distributed Antenna Systems for Education
Distributed Antenna Systems for Transportation
Distributed Antenna Systems for Government
Distributed Antenna Systems for Industrial Use
Distributed Antenna Systems for Stadiums and Arenas
Distributed Antenna Systems for Other End Users

Distributed Antenna Systems by Region

North America Distributed Antenna Systems Market
Europe Distributed Antenna Systems Market
Asia Pacific Distributed Antenna Systems Market
Middle East & Africa Distributed Antenna Systems Market
South America Distributed Antenna Systems Market

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Digital Signature Market is Expected to Progress at a CAGR of 20.6% from 2022 – 2032 | FMI

The global digital signature market is estimated to garner US$ 17.5 Billion while exhibiting a 20.6% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 2.7 Billion in 2022.

Due to its higher reliability and security compared to other types of electronic signatures global digital signature market is flourishing at high rate. Digital Signature are used in a wide range of applications including financial transactions, contract management software, software distribution, etc. is also propelling the growth of the overall market. However, the lack of stringent government regulations and data protection laws may act as a huge restraint on market growth in developing and underdeveloped countries.

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The increasing significance of digital signature has encouraged the government of various countries to make investments in the sector, which is likely to benefit the market. The deployment segment is likely to offer remunerative opportunities for the global commercial satellite imaging market. Several emerging economies are making significant developments in their digital signature budgets, thereby, providing lucrative opportunities to players in the market.

Key Takeaways:

The global digital signature market to experience a CAGR of 20.6% from 2022 to 2030.
By deployment, the on-premises segment is expected to record an 16.2% CAGR by 2032.
By Industry vertical, BFSI segment to expand at a 21.1% growth rate during the forecast period.
The U.S market to garner US$ 7.5 Billion and record a 21.6% CAGR from 2022-2032.
Market in China to procure US$ 1.8 Billion, expanding at a 22.9% growth rate during the assessment period.

Competitive Landscape

Key players in the global commercial satellite imaging market Adobe Systems, Ascertia, Docusign Inc., Entrust Datacard Corporation, SIGNiX among others. Recent developments among key players are:

In May 2021, Entrust Datacard Corporation launched its remote signing service (RSS) solution, with the goal of enabling trust for increasingly dispersed workforces, by integrating high-assurance, verifiable employee signature capabilities into document apps and workflows. The requirement to support new remote business scenarios has grown as enterprises move to the cloud and their workforces become more widespread.
In February 2020, Secured Signing Limited released new improvements to the signing processes and account reporting, to save workflow settings for individual forms, thereby enabling users to send out templates faster. The new enhancements include template workflow setting, integration with JobAdder software platform, and enhancements to the platform integrated with Salesforce.com

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More Valuable Insights

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

Key Segments Covered in the Digital Signature Market Report

By Deployment

Cloud based Digital Signature
On Premises Digital Signature

By Industry Vertical

Digital Signature for BFSI
Digital Signature for Real Estate
Digital Signature for Education
Digital Signature for Government
Digital Signature for Healthcare
Digital Signature for Retail
Digital Signature for Transportation
Digital Signature for Legal Processes
Digital Signature for Other Verticals

By Region

North America
Europe
Asia Pacific
Middle East & Africa
South America

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Freight Cars Market Insights, Deep Analysis of Key Vendor in 2020-2030

Before 19th-century freight cars are completely made by woods but now day entire wood made fright cars have been replaced by steel made freight cars due to high strength and long-lasting. Fright cars are also known as goods wagon designed to transport commodities such as cargo, colas, grains, oil & gas, among others.

Mainly four types of freight cars are using across the world; open-top car, boxcar, flatcar, tank car. Commonly, open-top freight cars used to transport materials such as coal, gravel, and grain. Boxcars are a type of enclosed car and use for two applications for refrigerated products and transport of livestock like cattle, sheep, and others.

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While flat cars are majorly used to transport heavy machinery and military equipment. Although, the variety of fright cars are not limited up to the aforementioned types of the manufacturer are changing the design as per demand.

Due to seeing demand and changing in technology, North America developed an efficient model of freight cars such as a piggyback car, multistory cars to supply of automotive vehicles in two of three partitions in one box.

Tank cars can be foreseen as special category fright cars to carry a variety of liquids and industrial chemicals.

Freight cars provide efficient way over transportation of goods or cargo by trucks because this larger scale result decreased transportation costs and required less manpower and energy to haul the same amount of cargo.

Therefore, the growth of the global freight car market is expected to lucrative over the coming span of years.

Freight Cars Market: Dynamics

Supportive government schemes and upcoming projects specifically for railway networks are expected to boom the global value of the freight cars market by the end of 2029. Furthermore, a trade agreement among countries like India and Turkmenistan to supply commodities from one country to another is projected to fillip the demand for freight cars market over the stipulated period.

Moreover, some end-users such as oil & gas are also using rental services for oil tank which is also stimulating the demand for new freight cars over the assessment period.

Moreover, growth in end-user industries, for instance, steel, agriculture, automotive, construction, oil & gas, among others are likely to drive the demand 0f freight cars over the coming decades.

Growing other modes of cargo transportation by sea, road, and the air is expected to hamper the global demand of the fright car market over the coming years.

Furthermore, lack of proper railway networks in some countries or cities is likely to create headwinds for the growth of the global freight cars market over the slated period.

Leading manufacturer are focused to make lightweight and high efficient freight cars with intends to make aisle brand image across the world. Furthermore, digitalization in the existing fright car network is also foreseen as eye-catching trend in the global market.

Freight Cars Market: Regional Outlook

Asia Pacific region is projected to grow with a healthy growth rate in the global freight car market owing to growing end-use industries in the future. In China, nearly 840 thousand units have been sold and these sales also expected to continue over the coming years.

Europe is expected to hold a paramount share in the global market due to rising demand form the agriculture and automotive industry over the coming decades. Rapidly digitalization in automatic railway network lines in the Middle East & Africa which in turn is projected to stimulate the sales of freight cars demand over the coming decades.

Latin America pegged to grow at the uptick growth rate in the global freight cars market owing to inadequacy in the heavy cargo load cars. Albeit, upcoming projects, and growth in the agriculture industry are promising to shape up the regional demand for freight cars market over the stipulated period.

Freight Cars Market: Key Participants

Some of the market participants in the Freight Cars market identified across the value chain:

Caterpillar Inc.
Wabtec Corporation
Tatravagonka
Diesel Plant LLC
Kawasaki Group
TrinityRail
Amsted Rail Group
Echelon Solutions Group
Sumitomo Corporation
Union Pacific Railroad

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The research report on the Freight Cars market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The Freight Cars market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to mentioned market segments.

The report covers exhaustive analysis on:

Freight Cars Market Segments
Freight Cars Market Dynamics
Freight Cars Market Size
New Sales of Freight Cars
Current Trends/Issues/Challenges in the Freight Cars Market
Competition & Companies Involved in Freight Cars
New Technology for Freight Cars
Value Chain of the Freight Cars Market

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 global Freight Cars market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market (Global Rolling Stock Market)
Coming market dynamics in the Freight Cars market
In-depth Freight Cars market segmentation
Historical, current, and projected Freight Cars market size in terms of volume and value
Recent industry trends and developments in the global Freight Cars market
Competitive landscape
Strategies of key players and products offered in the global Freight Cars market
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Freight Cars market performance
Must-have information for market players in Freight Cars market to sustain and enhance their market footprint

Freight Cars Market: Segmentation

Product :

Open top car
Boxcar
Flatcar

Sales Channel :

Factory fit
Aftermarket
- Wheel sets
- Side frame
- Bolsters
- Couplers
- Suspensions units
- Bearing & gears
- Others

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end use industries :

Automotive & Transpiration
- Automotive
- Railway
- Aerospace
Agriculture
Construction
Oil & Gas
Chemical
Medical & pharmaceuticals
Food & beverages
Government & defense
Marine
Others

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Intellectual Property Software Market is Likely to Register a CAGR of 12.7% from 2022 to 2032 | FMI

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

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

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

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

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

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

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

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

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

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Key Takeaways:

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

Competitive Landscape

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

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

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Key Segments

By Component: