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GaN Micro-LED Market value ~US$ 7,383.0 Mn by 2029, registering at a CAGR of 46.3% during 2022-29. GaN micro-LED has been in the analysis laboratories for years, and the launch of Samsung’s Micro-LED displays, featuring self-emissive technology and modular capabilities, left consumers curious about the emerging technology. FMI report predicts that GaN micro-LED will soon be a mass-market proposition, as an array of millions of microscopic LEDs is set to replace incumbent technologies such as LCDs and OLEDs and penetrate major digital display markets.

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FMI’s analysis projects the sales of GaN micro-LED to ramp up at an impressive CAGR of 43.5% during the period, 2022-2029, as the technology promises to offer better and brighter displays as well as lighting than the current solutions. Sensing the application potential of GaN micro-LED in newer models of TVs, smartwatches, AR devices, and head-mounted systems such as Google Glass, stakeholders are making rigorous investments in R&D and deepening their collaborations with technology solutions providers.

Mid Power Micro-LEDs for Lighting Applications to Capture Robust Share

As indicated by the study, the consumption of mid-power GaN micro-LEDs, which accounted for ~75% share in 2021, will become a mainstream for lighting applications in the years ahead. However, significantly large percentage of the cost of mid power micro-LEDs goes to packaging, thereby limiting the advantage of lowering its overall costs. On the hand, demand for low power micro-LEDs is likely to garner significant traction in the future, in the view of maintaining full brightness without the loss of noticeable display brightness over the entire illumination time.

Greater demand for GaN micro-LED displays will continue to influence the growth strategies, accounting for ~79% share in 2021. As identified by the FMI analyst, gains will remain driven by growing demand for visual aspects in modern-day devices, increasing need for high luminance in small format for near-to-eye display devices, and the demand for high resolution and efficient luminance in battery-powered consumer electronics.

Market Gains Underpinned by Greater Innovations in Sports & Entertainment Space

In recent years, high application potential of GaN micro-LEDs has been identified sports & entertainment space, on the account of a spike in number of video-streaming services, rapid innovation in television to enhance the viewing experience, and increased penetration of new-generation video-gaming products and accessories, says the report.

While consumer electronics are likely to account for major share of the manufacturers’ bottom lines, capitalizing on ever-expanding sports & entertainment space will remain a key focus area of the market players. On the one hand, consumption of GaN micro-LEDs by the automotive industry will increase ~39% y-o-y in 2022, backed by the emergence of ‘in-car ambience’ and ‘auto-infotainment’ trends leading to innovations in automotive displays units as well as interior automotive lighting.

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North America in the Vanguard, APEJ to Outdo European Market

Accounting for 26% share in 2021, North America is anticipated to remain at the forefront of GaN micro-LED market. According to the study, European market is likely to lose its second position to Asia Pacific in the foreseeable future, as many players in the latter region are constantly demonstrating their progress and latest breakthroughs in the GaN micro-LED technology.

Unprecedented evolution in number of industry verticals has pushed stakeholders to redefine their growth strategies to retain and attract new segment of customers. In addition to focusing entirely on the new technology while ceasing the launch of conventional solutions, stakeholders are centered on collaborating with research institutes to synchronize their advances.

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Oracle Services Market is poised to increase at a CAGR of 14.4%, reaching US$ 35.4 Bn by 2029 from US$ 13.8 Bn in 2022. The research study opines that demand for cloud services among enterprises continues to see a significant uptick, with some of the key reasons being complex workloads, increased server functionality, and high component costs. This, in turn, is estimated to bring in new opportunities for the key service vendors to level up their sales performance in the global market space.

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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.

Oracle consulting services are, and will continue to be in high demand, for the fact that businesses seek top-notch consulting services to address complex integrated Oracle application portfolios and associated maintenance costs.

Sensing the aforementioned needs coming from enterprises, key providers active in the Oracle services market are offering a wide spectrum of services tailored exclusively to business needs, some of them being functional Services, implementation and upgrade, customization and integration, maintenance and support, and resale of Oracle products.

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.

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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.

This study brings into fore the key growth prospects of Oracle services market and opines that the market would grow at a CAGR of 14.4% during the forecast period of 2022-2029.

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3D Motion Capture Market is predicted to expand at a CAGR of 11.7% to attain a valuation of US$ 664 Mn by the end of 2028. While increasing availability of low-cost 3D motion capture systems with limited free accessible software is likely to further push demand for 3D motion capture software in the market, the report also points to a strong growth outlook for 3D motion capture technology services in forthcoming years. Driven by high-accuracy delivery, sales of optical 3D capture systems will remain dominant over non-optical 3D motion capture systems, according to the study.

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Media & Entertainment Generates 1/5^th of Total Demand

3D motion capture systems offer easier real-time implementation of the captured data for further creating and animating multiple models and characters. As a result, the application of 3D motion capture technology in the media and entertainment industry accounts for an approximate share of over 20% in the total revenues. The report opines that film production, advertising, and gaming are emerging as the most profitable applications of 3D motion capture, and hold a sizable share of almost 70% in the market value contribution of the media and entertainment industry.

Further, 3D motion capture technology also continues to find prominent application in the medical industry and biomedical research, particularly, in research in the fields of psychology, neurology, rehabilitation, and posture analysis. While adoption of 3D motion capture technology will also prevail at a high pace in the industrial and engineering design areas, the report suggests that adoption will be particularly high for military training applications.

Unlike other frame-by-frame animation methods, the 3D motion capture technology is associated with a thorough interpretation of the actor’s movements, at considerably reduced costs. The data volume generated by the 3D motion capture process is significantly large when compared to other animation technologies, which facilitates the generation of effective animations – especially for film producers and game developers for the procurement of the efficient 3D motion capture equipment.

However, 3D motion capture technology can only be used to record and animate motion that follows the laws of physics. Moreover, 3D motion capture systems require specific space dimensions, which vary as per the magnetic interference and the angle of the camera. For small-sized production companies, the heavy equipment costs, along with the added cost of professionals required for efficient operations, constitute a major challenge. According to FMI’s analysis, this is a significant factor likely to restrict the growth of 3D motion capture market during the forecast period.

Media & Entertainment Industry’s Headway in Asian Economies to Favor Market

Advancements in the media and entertainment industry have revolutionized the adoption of 3D motion capture components in various developed as well as developing regions. To keep up with the growing demand for efficient animation equipment in the South Asia, East Asia, and MEA regions, several 3D motion capture platform providers have started investing heavily in these regions. Established as well as growing 3D motion capture platform providers are highly likely to remain focused on business expansion across untapped developing countries.

Moreover, 3D motion capture system vendors are offering 3D motion capture equipment that has the ability to track complete three-dimensional measurements via a single camera. Such 3D motion capture equipment offers extreme accuracy and is capable of detecting ankle, knee, and hip rotations in all three planes. These 3D motion capture systems are being used in kinesiology research and biomechanics to enhance performance in athletes, determine the source of balance issues in chemotherapy patients, and identify risks of injury in the workplace.

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In line with the technological upgrades within the biomechanical research and medical industries in developing Asian markets, the South Asian and East Asian regions are creating new business models for 3D motion capture platform providers. Some of the key players in 3D motion capture market are also focusing on increasing their market shares through strategic partnerships and joint ventures with regional players. On the other side, some of the key companies are opting for strategic M&A for forming up the global market presence.

FMI’s report has profiled some of the prominent companies actively competing in the global 3D motion capture market landscape, including Rokoko, IKINEMA, Tracklab (Organic Motion), Noitom Ltd., OptiTrack (NaturalPoint, Inc.), Codamotion, Motion Analysis, Qualisys AB, PTI Phoenix Technologies Inc., Vicon Motion Systems Ltd, and Xsens.

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Identity & Access Management Market is predicted to rise at a CAGR of 12.5% over the forecast period to attain a projected market valuation of 26.1 Bn by the end of 2028.

The global market for identity and access management is likely to observe an impressive growth outlook in years to come. A rapid increase in cybercrime prevalence is necessitating effective and efficient IT security measures, which is primarily driving the identity & access management market.

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Public Domain, IT & Telecom, and Finance & Insurance – Key End Use Industries

While several business verticals have been focused on heavy investments in physical identity management, it is highly likely that operators in public domain, finance and insurance sectors, and IT and telecom will continue to account for significant revenue shares in global market for identity and access management, in the near future.

As suggested by the report, the collective share of public administration, finance and insurance, and IT and telecom companies in the global market value roughly equates 60%. Healthcare and media industries are positioned as the next lucrative end use segments for providers of IAM services and solutions.

Approximately 60% of Demand Is Generated by Large Enterprises

As the demand for next-generation security solutions is constantly on rise, as reported in the recent past, the demand for identity and access management solutions will remain higher when compared to that for identity and access management services. Currently, a wide range of identity and access management solutions accounts for over 60% of the total market value, as indicated by FMI’s study.

Among multi-factor authentication, single sign-in, access security, and directory management, a majority of consumers will continue to generate demand for directory management and access security.

On-premise deployment of identity and access management solutions currently accounts for more than 55% of the overall global IAM deployment. Moreover, FMI’s analysis has envisaged a massive incremental opportunity of over US$ 17 billion for cloud-based IAM, over 2022-2028. On the other side, the cloud-based deployment of identity and access management will reportedly see an average yearly growth at over 10%, over the course of coming years.

With incessantly rising rate of implementation of advanced and next-generation technologies such as AI, machine learning, and advanced biometric technologies at enterprises, the demand for reliable identity and access management services and solutions is also increasing. FMI’s analysis concludes that a considerable number of enterprises are following the trend of adoption of identity and access management. While large enterprises continue to account for a substantial share of around 60% of the overall demand generated for identity and access management, the report has highlighted rapid growth in the market value share of SMEs.

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Key Providers to strategize on Integration of Next-gen Technologies

The regional evaluation of identity and access management market reveals that North America will remain dominant in the long run owing to rapidly strengthening base of next-generation technological advancements. China, however, on the other side, has recently earned the title of one among the world’s most connected countries. According to FMI’s analysis, China’s identity and access management market is an important investment pocket for IAM services and solutions providers. Europe will also be one of the target markets for participants in the identity and access management landscape, which the report has attributed to favorable promotional support from European governments to adoption of advanced security systems.

Some of the key companies competing in the global identity and access management market research report include BeyondTrust, Bomgar (Lieberman Software Corporation), CA Technologies, Core Security, CyberArk, Dell, ForgeRock, Gemalto, Hitachi ID Systems, IBM Corporation, and Microsoft Corporation. The report has covered in-depth strategic profiles of some of the most prominent market players.

A large number of small and medium sized businesses are exclusively investing in reliable IT security and R&D, which makes SMEs the target area of investment for IAM services and solutions providing companies. Moreover, to cater to ever-growing demand for improved data security, identity and access management services and solutions providers are focusing on integration of machine learning and behavioral analytics capabilities into their IAM offerings.

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Radar Market size is forecast to total US$ 34.2 Bn in 2021, expanding at a 10% CAGR, the market valuation is expected to reach US$ 60.5 Bn by 2028. A new report published by Future Market Insights (FMI) titled “Radar Market: Global Industry Analysis (2017-2022) and Opportunity Assessment (2022-2028)” states that with the increasing focus of governments on defence and the growing budget of the sector are expected to trigger substantial growth in the global radar market in the coming years.

Radar is a type of object-detection system that employs radio waves for determining the angle, range, or velocity of respective objects. It can also be used for detecting ships, aircraft, guided missiles, motor vehicles, weather formations, spacecraft, and terrain. As a result of these benefits, the demand for radar is likely to rise over time, especially in the defence and aerospace sectors.

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Increasing Application Areas to Present Lucrative Growth Prospects

Radar detectors are employed to map out climatic conditions for the air force, army, and other maritime tasks. Shuttle, air ship, boats, and vehicles are few of the key users of radar innovation. The presentation of 3D radar innovation and an expansion in the utilization of unmanned aerial vehicles (UAVs) is driving the market for radar framework and innovation internationally. Unmanned vehicles are basically utilized in peacekeeping activities and are additionally utilized for reconnaissance purposes. These UAVs work on radio signs, and the installed radar permits these UAVs to execute moving target location, which can track and distinguish moving articles, for example, tanks, choppers, and flying machine with a range up to 9.32 miles. This has brought about and advancement in UAVs for military powers over the world, which will, thus, drive the market for radars in the forthcoming years.

However, budgetary constraints and the dearth of indigenous capacities in several nations are likely to act as a road block in the growth of the global radar market in the course of the forecast period.

Defence and Aerospace to Grab a Substantial Piece of the Pie; Automotive to Catch up

Growing security concerns along with rising defence budgets of both developing and developed nation are the core factors that are expected to boost the growth of the global radar market in the long run. Technological proliferation is expected to have incessant impacts on the growth of the market in this sector.

The developing market for radars is expected to be in the automotive industry. While today’s cars make limited use of radars, future cars are anticipated to integrate radars as a default element in their models. The chances for radar companies to capitalize on this evolving market are currently very high. Several automakers are still looking to partner with component manufacturers on integrated radar systems. For radar manufacturers, the time to invest in automotive radars is ideal because automotive radars are still under research and an early investment from the companies in the R&D process would stand them to gain a favourable learning chance.

Other than these, based on type, detection and search radars will the most used radars followed by weather sensing radars by the end of the forecast period. On the basis of range, the market is expected to be led by medium range. Based on platform, radar are likely to be used highly in airborne activities.

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Key Players to Focus on Technological Enhancement

The players operating in the market are likely to focus on technological enhancement at present to maintain a strong hold over the market in the long run. The leading companies in the market are BAE Systems, SAAB AB, General Dynamics Corporation, Honeywell International Inc., and Leonardo S.p.A, among others.

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According to a recent study by Future Market Insights (FMI), the consent management market is expected to witness promising growth in the near future, influenced in part by the upward trend of plain text presentation. Recommendations by the Personal Information Management Services (PIMS) for the consent management on the basis of six plain language categories that minimise confusion have further been complementing the popularity of the trend, thereby impacting the growth of the consent management market.

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The introduction of new regulations, such as the GDPR, along with the rising consumer concerns regarding data privacy, is forcing organizations to invest in more formal internal structures for the purpose of effective consent management. There has been a significant growth in the requirement for efficient book keeping and personal digital data storage equipment among organizations, in a bid to enhance their consent management offerings.

The data privacy regulations in the consent management market have led organizations to appoint dedicated personal data privacy officers, consent management processes, and records. With efficient data storage equipment and consent management platforms in place, an organization gains the abilities to demonstrate a simplified complaint approach to consent management regulators, revoke or transfer data record upon request, and answer consumer requests for information.

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

The global consent management market is likely to witness a total incremental opportunity of over US$ 1,000 Mn between the period 2018 and 2028. Consent management platforms enable websites to meet various data management requirements, which include those recommended by the EU and other regulatory bodies for consent collection.

Website developers are constantly taking efforts to integrate consent management platform, to realize the technical ability to update visitors about the nature of personal data required, and ask for their consent regarding each data-processing purpose. Cloud solutions and service providers continue to playing a vital role in the evolving technological developments, as more and more enterprises adopt cloud services with continuous upgrades in the cloud-based data storage solutions, or software-as-a-service (SaaS).

The consent management market is expected to witness potential growth opportunities as cloud service providers continue to offer cost-effective solutions to expand their customer base. Cloud solutions and service providers are also estimated to assist consent management platform vendors to expand their businesses across regional markets, thereby eliminating the requirement of modifying the physical product distribution channel.

Advancements in enterprise management systems have revolutionized several industry verticals in various developed as well as developing regions. To keep up with the growing demand for efficient enterprise management systems in South Asia, East Asia, and MEA regions, several consent management platform providers have started investing heavily in these latent growth potential markets.

The established as well as growing consent management platform providers are shifting their focus toward expanding their consent management businesses and increase their share in the global consent management market. The study states that Asia-Pacific continues to hold lucrative opportunities for leading as well as the emerging players in the consent management market, in line with the increasing technological vigour of developing economies in the region.

Varying strict data privacy regulations across regions have influenced the dynamics of the consent management market. In line with the continuous updates made in the data privacy regulatory standards, consent management providers are required to comply with the data governance policies and other standards. This has further helped the consent management market players to ensure the customer data sharing consent, regional data storage, and other consumer data privacy mandates.

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Key players operating in the consent management market, as profiled in the study, include CYBOT, Rakuten Marketing, PactSafe, Silktide, Trunomi, Quantcast, HIPAAT, CIVIC, ConsentEye, and OneTrust.

Key SegmentBased 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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Due to the increase in the frequency of cybercrime and data hacking activities, enterprises have started focusing on the adoption of better security solutions for securing the information deployed on the cloud as well as on-premises and strengthening internal security structures. Increasing awareness about the adoption of data centre security Solutions is thus among the primary factors boosting the adoption of data centres across the globe, and this is contributing to the growth of the global data centre security market in terms of value. Moreover, an increase in the number of initiatives undertaken by the governments of various developed and developing countries for the same has also boosted the global data centre security market in terms of value.

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The increasing penetration of the internet and the ease of data storage & management over the internet has led to the virtualization of workplaces and enterprises, especially in economies that are highly developed in terms of infrastructure. Enterprises are thus adopting enhanced data security solutions and cybersecurity solutions such as data center security solutions and services.

Virtual Appliances Segment Witnessed to be the Most Lucrative Segment

Based on offering, the data center security market is segmented into logical security solutions, physical security solutions, and services. Among all the aforementioned segments of the global data centre security market, the services segment is expected to exhibit the highest growth rate during the forecast period.

With the increasing virtualisation of enterprises, the virtual security solutions segment is also expected to exhibit a considerably high CAGR during the forecast period. In terms of value, the virtual appliances segment is expected to witness an incremental opportunity of over US$ 4 billion between 2018 and 2028. This segment is also expected to exhibit a higher growth rate during the forecast period in the global data center security market. On the basis of services, the global data center security market has been sub-segmented into consulting and managed services.

The global data center security market is expected to exhibit a CAGR of 11.1% from 2018-2028. However, lack of infrastructural development for the adoption and penetration of data centers among underdeveloped countries, and the high cost associated with the adoption of data center security solutions & services are some of the factors restraining the growth of the global data centre security market in terms of value.

On the basis of data center size, FMI has segmented the global data center security market into large data centers, small data centers, and medium-sized data centers. The large data centres segment is expected to dominate the global data center security market in terms of value throughout the forecast period.

Data Center Security Service Providers to Target BFSI Industry Operators

On the basis of use case, FMI has segmented the global data center security market into BFSI, IT & telecom, government & defence, healthcare, and others. In terms of value, the IT & telecom segment is expected to dominate the global data center security market due to the highest adoption of data centres across this segment. This segment is also expected to witness an incremental opportunity of more than US$ 10 billion through 2028.

However, with increasing cyber threats & attacks and the adoption of virtualized solutions, a sudden increase in the adoption of data center security solutions across the BFSI segment is witnessed in the global data center security market. The BFSI segment is thus expected to exhibit a significantly high CAGR during the forecast period in the global data center security market.

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Data Centre Security Market: SegmentationOn the basis of offering, the global data centre security market has been segmented into:

• Logical Security Solutions
  • Virtual Appliances
  • Server Software
• Physical Security Solutions
• Services
  • Managed Services
  • Consulting Services

On the basis of data centre type, the global data centre security market has been segmented into:

• Large
• Medium
• Small

On the basis of end use, the global data centre security market has been segmented into:

• BFSI
• IT & Telecom
• Government & Defence
• Healthcare
• Media & Entertainment
• Others

On the basis of region, the global data centre security market has been segmented into:

• North America
• Latin America
• Europe
• East Asia
• Oceania
• MEA (Middle East & Africa)

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Advanced (3D/4D) Visualization Systems Market is estimated at US$ 2,160.9 Mn in 2022, likely to surge at a vigorous 4.2% CAGR during the assessment period 2022 – 2028.

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 lifestyles, 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.

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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.

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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DDI Market is expected to reach US$ 1532.2 Mn in 2028, likely to surge at a vigorous 15.6% CAGR growth between 2022 to 2028. Estimated to observe a whopping 15% rate of the yearly growth in revenue, the global DDI market projected for an impressive growth outlook. According to a new Future Market Insights’ study, SMEs are rapidly emerging as high-potential end use consumers for DDI services and solutions providers.

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Top 3 Regional Markets for DDI Hold over 50% Value Share

While North America’s market for DDI services and solution will maintain the lion’s share in the global value, the report forecasts a collective share of over half of the market value for North America, Europe, and East Asia. Furthermore, DDI adoption is most likely witness an above-average rate within MEA over the coming years.

Demand for DDI solutions will continue to account for more than 50% of the total market value. However, FMI’s analysis highlights rapidly growing opportunities arising in the DDI services segment owing to the rising significance of managed & support services within enterprise environments.

With a collective share of over 55% in the market value, cloud & virtualization and network security will remain the top application areas of DDI services and solutions. Revenue through cloud deployment is poised to register an ascending rate in DDI market.

Businesses Demanding IP Address Management Solutions to Majorly Contribute in DDI Demand Growth

Rising adoption of IPv6 (Internet Protocol Version 6) and growing need for effective IP address management have been cited as the key opportunity areas for DDI solution and service providers in the market. Moreover, IP address management also holds crucial position in the modern business network infrastructure. However, low adoption rate of software-defined networking is found to be one of the key restraining factors in the global DDI marketplace. Software-defined networking provides a new way of delivering peripheral network services, including DDI. However, DDI solution providers are not delivering their software via SDN architectures.

According to the report, constantly increasing popularity of the BYOD (Bring your own device) trend at workplaces will prominently assist the growth of DDI market in the near future. Increasing network complexity and rapid addition of a number of network management points will further intensify the requirement of DDI services, thereby bolstering the revenue growth of market.

DDI Market Participants to Strategize on Acquisitions

In the fairly consolidated competitive landscape of DDI market, a limited number of regional and local players are competing for firmer market positions. While new product launches and existing portfolio upgrade have been the important strategies assisting growth of companies in the DDI space, strategic acquisitions are most likely to emerge a popular growth strategy among the market participants.

FMI’s report has profiled some of the most prominent companies active in DDI services and solutions landscape, including Infoblox, Inc., Cisco Systems, Inc., BlueCat Networks, Inc., Nokia, TCPWave Inc., PC Network Inc., Men & Mice, EfficientIP, ApplianSys, FusionLayer, BT Diamond IP, Microsoft Corporation, and NCC Group plc. among others.

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DDI Market Outlook by CategoryBy Component, DDI Market Demand is segmented as:

• DDI Solutions
• Services
  • Managed and Support Services
  • Professional and Training Services

By Application, DDI Market Outlook is segmented as:

• Network Automation
• Virtualization and Cloud
• Data Center Transformation
• Network Security

By Deployment Type, DDI Market Outlook is segmented as:

• On-premise
• Cloud

By Organization Size, DDI Market Outlook is segmented as:

• Large Enterprises
• Small and Medium Enterprises (SMEs)

By Vertical, DDI Market Outlook is segmented as:

• Information (Telecommunication & IT)
• Finance and Insurance
• Public Administration
• Health Care and Social Assistance
• Educational Services
• Retail Trade
• Manufacturing

By Region, DDI Market is segmented as:

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

About Us

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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Exhibiting a CAGR of ~11%, the global fish feed market is slated for impressive growth between 2022 and 2032. Fish feed manufacturers are continuously driven towards increasing their production capacity by building state of art facilities at their sites to improve the quality and efficacy of their fish feed and boost the species performance and digestibility. Though, subjected to squeezed cash flow, likely Greenfield announcements are on hold and brownfield expansion may resume by the end of next quarter.

The cultivation of newly found species and their increasing applications in the feed industry is are key factors enabling growth in the fish feed market. New aquatic life, which are richer in protein and nutrient content, are gaining popularity as substitutes for older aquatic products. The rising demand for better and effective substitutes will spur the growth in the fish feed market.

The increasing frequency of disease outbreak in the last few years is adversely affecting production of major aquaculture species, including tilapia and shrimp. To contain this and ensure uninterrupted production, businesses will extensively invest in research and development activities. Such initiatives are likely to have positive impact on the overall market.

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The rising demand for organic food will also give impetus to the market. Driven by prevailing market forces, companies are likely to focus on “organic” certification. This is a key trend to look forward to in the fish feed market.

Key Takeaways from the Fish feed Market Study

• The fish feed market is estimated to be valued at US$ 32.8 Bn in year 2022 and exhibit a CAGR of 11% between 2022 and 2032
• Among forms, the pellet segment is estimated to be dominant in the global fish feed market, with a revenue share of nearly 50%
• Currently the fish feed market is led by fish and fish products among product types with share of more than 80%
•  Nutrition management for special nutritional requirements in fish feed is indispensable for the market players. This tool helps them combat the negative impact of diseases and improve survival rates in fishes.

 “The demand for commercially produced feed, water treatment products, feed additives, fertilizers, and vaccines will increase in the coming years. Recently genetics and animal health products have become more sophisticated. This will aid in the development of feed of desired effect,” said an FMI analyst.  

Fish Feed Market

Market Segmentation

Product Type

• Plant Based
• Fish & Fish Products
• Microorganism

Form

• Pellet
• Granules
• Flakes
• Sticks
• Powder

End Use Application

• Commercial
• Household

Distribution Channel

• B2B
• B2C
  • Store based
  • Online retail

Who is winning?

A few of the companies operating in the fish feed market are Cargill, Inc., Norel SA, Koninklijke DSM N.V., Aller Aqua A/S, BioMar Group, Zeigler Bros., Inc., Archer Daniel Midland, Skretting AS, Nutreco N.V., Biomin Holding GmbH, Dibaq Diproteg SA.

These companies are primarily focusing on developing innovative fish feed products. Besides this, some of them are emphasizing on acquisitions and investment in research and development of advanced technologies to launch novel products. For instance

• In 2019, Nutreco launched two new fish feed products under the brand Skretting AS in Egypt to increase its market presence in Europe region
• In 2017, Nutriad NV improved its product range by using advanced formulating techniques NutriTrace into its organic mineral product line to improve its commercial industry standards
• In 2016, Ridley acquired  Camilleri  to improve its product range
• In June 2015, ADM released its new fish feed product derived of algae rich in DHA in collaboration with between Bunge Ltd. and terravia

Market Segmentation

Product Type:

• Plant Based
• Fish & Fish Products
• Microorganism

Form:

• Pellet
• Granules
• Flakes
• Sticks
• Powder

End Use Application:

• Commercial
• Household

Distribution Channel:

• B2B
• B2C
  • Store based
  • Online retail

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Key Questions Answered in the Report

• What is Fish feed market size?

The fish feed market is estimated to be valued at USD 112 billion in 2022 and is projected to reach USD 158 billion by 2032, recording a CAGR of 8.0%, in terms of value.

• At what rate did the Fish feed Market Expand in The Last Five Years?

According to FMI’s study, the Fish feed market grew at 7.6% CAGR between 2017 and 2021.

• What are the key factors driving Fish feed market demand?

The rising global fish consumption and an increase in processed seafood consumption are due to rising middle-class affluence in developing countries.The limited availability of marine feed resources as there is a growing demand for fish results in the growth of fish farming driving the demand for fish feed.

• Which Countries Are the Highest consumers of Fish feed?

India, China, Japan, the United States, Brazil are the highest consumers of Fish feed.

• Which is the Highest-Grossing Region in the Global Fish feed Market?

Asia-pacific region is a leading market share in the global Fish feed market, estimated to account for more than 50% of the overall market in 2022.

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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