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The variable data printing market was USD 10.5 billion. The market for variable data printing is anticipated to reach USD 31.2 Billion by 2030, expanding at a 12.9% CAGR from 2022 to 2030.

The market for variable data printing (VDP) is being driven by the growth of the retail sector and rising costs for labelling and tagging all products. According to Future Market Insights, the healthcare and food and beverage industries will continue to play a significant role in the expanding use of variable data printing as consumers demand clear, comprehensive labelling.

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Since end customers frequently want flexibility when printing labels, the market’s product labelling segment is expected to grow dramatically during the time of forecasting. Variable data printing is a popular option since it allows for the customization of artwork, data, and content without impairing the bulk printing process. The market for printing with variable data is expected to grow at a CAGR of 12% from 2020 to 2030.

Key Takeaways from the Variable Data Printing Market Report:

• North America is expected to hold a significant share in the global variable data printing market as the adoption of RFID labels and creative labelling increases
• Accelerated adoption of variable data printing in the food & beverage industry will propel the growth of variable data printing by 13% during the forecast period
• Barcodes and QR code printing are expected to hold a significant share of 36% during the forecast period in the globally market as digital wallets become the new normal for making payments
• Retail and CPG segment will exhibit a CAGR of 18.5% between 2020 and 2030 in the South Asia & Pacific variable data printing market creating potential growth opportunities for vendors

COVID-19 Pandemic Impact Analysis:

With the supply of only essential goods and restricted movement, the lockdown has had a massive impact on the global printing industry, bringing it to a near-standstill. Only a handful of companies have been able to continue operations with 20-25% staff, slowing operations and creating uncertainty in business.

While manufacturing companies have been allowed to run at 50 per cent capacity, most label printing companies are running at as low as 15-20% production capacity. In the past 5 years, the market for variable data printing has grown by almost 10% globally. However, the COVID-19 outbreak is expected to cause a shift in these statistics as demand for non-essential items such as clothing and cosmetics is projected to drop.

On the other hand, analysts project that the demand for variable data printing will remain high in the pharmaceuticals and food & beverages sectors in Q2 2020, a trend that will continue through Q3 and Q4 2020. The indispensable need for products these sectors manufacture, impeccable logistics built by the e-commerce industry to make them available to end users, and smart tracking with RFID labelling could offset the losses the market is expected to suffer.

Leading Key Players:

• HP Inc.
• Canon, Inc.
• Xerox Corporation
• RR Donnelley & Sons Company
• 3M Company
• Mondi PLC
• Avery Dennison Corporation
• Quad/Graphics, Inc.
• Cenveo, Inc.
• Ws Packaging Group, Inc.

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Variable Data Printing Market Segmentation:

By Component:

• Variable Data Printing (VDP) Machine
• Variable Data Printing (VDP) Software
• Services
• Personalized Printing Services
• Support Services

By Application:

• Barcodes/QR Code Labels Printing
• Advertising Stickers Printing
• Plastic Cards/PVC Printing
• Product Labels Printing
• Others

By Industry:

• Retail and CPG
• Pharmaceuticals
• Electronics and Electricals
• Food and Beverages
• Logistics
• Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The connected solutions for the oil & gas market are poised for impressive expansion, with a projected Compound Annual Growth Rate (CAGR) of 16.3% spanning the projection period from 2020 to 2030. The outbreak of the Covid-19 pandemic delivered a severe blow to the global economy, significantly impacting the oil and gas industries and resulting in a substantial loss of jobs.

Despite the introduction of government stimulus packages, the accumulation of substantial surplus stocks of oil and gas emerged as a significant challenge. Consequently, the adoption rates of connected solutions for oil & gas are expected to face constraints.

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Amid these challenges, numerous companies within the oil and gas sectors are grappling with the repercussions as individuals and organizations adopt measures to reduce their reliance on fossil fuels. Nevertheless, investments in Internet of Things based solutions are poised to make meaningful contributions to productivity, reliability and utility. Solutions will enhance performance and curtail operational expenses, by aiding in the mitigation of losses.

“Connected solutions for oil & gas enable real-time visualizations of the information and trends of oil and gas industry during the coronavirus outbreak. The technology can be used to analyze capital investments distribution, and safety. Also, IoT based solutions can reduce the need for onsite human presence with automation and remote monitoring of operations. Such trends will allow the global market to sustain growth through the crisis period,” says the FMI analyst.

Connected Solutions for Oil & Gas Market – Primary Takeaways

• Software solutions are highly sought after for connected solutions for oil & gas organizations with the high demand for operational automation.
• Connected solutions for oil & gas services will grow strongly, driven by high requirement of support and maintenance operations.
• Predictive and preventive maintenance applications are gaining traction with frequent innovations in Internet of Things and Industry 4.0 practices.
• Asset tracking applications are also witnessing rapid growth with use in government, and private verticals.
• North America will lead the connected solutions for oil & gas market with strong exploration activity in the U.S. and Canada. Infrastructural modernization in India and China will help growth in Asia Pacific.

Connected Solutions for Oil & Gas Market – Growth Factors

• Disruptive developments in IoT for asset tracking and infrastructure maintenance applications drive market growth.
• Strong interest by government bodies in the incorporation of connected pipeline solutions, generates novel growth opportunities.
• Rapid spread of fleet management solutions drives growth of connected solutions in oil and gas industry.
• Poor market conditions and the demand for optimization of supply chains and operations through connected solutions for oil & gas, will aid market growth.

Competition Landscape

The connected solutions for oil & gas market comprises of key players including but not limited to Robert Bosch GmbH, Cisco Systems Inc., Siemens AG, Intel Corporation, Schneider Electric, Sierra Wireless, Telit, General Electric, and Honeywell International. Market players are investing in the development of technology, and customer service infrastructure.

For instance, in Sierra Wireless has launched an edge-to-cloud solution for asset management created for IoT applications in industrial settings. Similarly, Cisco Systems has launched connected pipeline solutions, which provide safeguards against physical and cyber-attacks.

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Connected Solutions for Oil & Gas Market: Segmentation

The global connected solutions for oil & gas market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers.

Component

• Hardware
  • Sensors
  • Beacons
  • IoT Gateways
  • Others
• Software
  • Oil & Gas IoT Platform
  • Fleet Management Software
  • Others
• Services
  • Professional Services
    • Oil & Gas Consulting & Advisory
    • Integration & Deployment Services
    • Support & Maintenance
  • Managed Services

Value Chain

• Upstream
• Midstream
• Downstream

Application

• Asset Tracking and Monitoring
• Predictive and Preventive Maintenance
• Supply Chain Management
• Leak Detection
• Fleet Management
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia Pacific
• Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The 3D scanners market is projected to reach USD 9.65 Billion by 2030, at a CAGR of 14.5% between 2022 and 2030. 3D scanners have been witnessing huge adoption for commercial use cases.

In addition, the flexibility of 3D scanning technology to be customized as per professional requirements in several industries has boosted its adoption across prominent end-use industries. Case in point, in the healthcare sector, 3D scanners are leveraged to model body organs in three dimensions, which are utilized to create prosthetics.

The coronavirus (COVID-19) pandemic has hit the profit margins of electronics manufacturers, globally. As such, players in the 3D scanners market are confronting raw material shortages with weeks of delays, on average. Further, manufacturing and automotive industries are key revenue creators for the 3D scanners market, and the pandemic has severely affected these industries too.

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Consequently, the 3D scanners market would witness a notable drop in demand from these industries. A majority of manufacturers are forecasting a decline in sales over the first two quarters of 2020, and over 60% of players are projecting business operations to recover by October 2022.

Key Takeaways from the 3D Scanners Market Report:

• 3D scanners/hardware will continue to hold the leading market share over the following decade.
• Among all the services, 3D design and modeling services are expected to expand at the highest CAGR over the coming years.
• Market players continue to capitalize on portable/handheld 3D scanners, while robot-mount 3D scanners offer potential value-capture opportunities.
• Short-range (less than 1m) 3D scanners would capture a prominent revenue share; long-range (more than 300.1m) 3D scanners to witness adoption upsurge in the coming years.
• Healthcare and manufacturing industries would remain the key end users of 3D scanners; the latter to show the most worthwhile prospects in the near term.
• North America continues to engage market players; in East Asia to offer potential growth avenues.

Increasing Usage of 3D Laser Scanners in Collision Detection to Drive Market:

3D scanners are used in collision avoidance as well as in-vehicle navigation applications. These scanners come with features such as high accuracy of recorded measurements, making 3D scanners immensely useful for use cases, including reconstruction and collision detection.

Furthermore, handheld 3D scanners are utilized to record the interiors of damaged vehicles, allowing internal damages to be recorded, measured, and analyzed. As such, 3D scanners tick all the boxes of safety, speed, and flexibility, to offer complete collision detection as well as reduce the impact of traffic flow.

Leading Key Players:

• Hexagon AB
• Faro Technologies Inc.
• Nikon Metrology NV
• Topcon Corporation
• Trimble Inc.
• Creaform, Inc.
• Perceptron Inc.
• GOM MBH
• Konica Minolta
• Maptek Pty Ltd

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More Valuable Insights on the 3D scanners Market:

In its latest report, Future Market Insights offers an unbiased analysis of the global 3D scanners market, providing historical data for the period of 2015-2021 and forecast statistics from 2022 to 2030.

To understand the opportunities in the 3D scanners market, the market is segmented based on component (3D scanners/hardware, 3D scanning software, services), type (portable/handheld, desktop-based, fixed-mount, robot-mount), range (short range, medium range, long-range), and end-user (automotive, aerospace & defense, civil & architecture, healthcare, education, manufacturing, media & entertainment, others), across six major regions.

3D Scanners Market Segmentation:

By Component:

• 3D Scanners /Hardware
  • Laser 3D Scanners
  • Optical 3D Scanners
  • Structured-light 3D Scanners
• 3D Scanning Software
• Services
  • 3D Design & Modelling
  • Integration & Deployment
  • Consulting
  • Support & Maintenance

By Type:

• Portable/Handheld 3D Scanners
• Desktop-based 3D Scanners
• Fixed-mount 3D Scanners
• Robot-mount 3D Scanners

By Range:

• Short Range (Less than 1m) 3D Scanners
• Medium Range (1.1m to 300m) 3D Scanners
• Long Range (More than 300m) 3D Scanners

By End User:

• Automotive
• Aerospace & Defense
• Civil and Architecture
• Healthcare
• Education
• Manufacturing
• Media & Entertainment
• Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The advanced distribution management systems market is predicted to reach USD 12,102 Million by 2029 and show a remarkable 20% CAGR between 2022 and 2029. Advanced distribution management systems have significantly benefitted users looking for efficient data security, higher reliability, improved power distribution, and flexibility in restoring normal functions after a natural disaster.

These systems supply situational intelligence that ensures efficient and reliable smart grid analysis and management during a rapidly switching network. The adoption of advanced distribution management systems is increasing in smart cities, as these systems manage, control, optimize, visualize, and automate distribution networks.

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Key Takeaways from the Advanced Distribution Management Systems Market Report:

• The energy & utilities industry is estimated to continue to hold significant market share among all segments by industry during the forecast period, owing to optimized energy distribution, reduction in electricity losses, and minimal electricity shortages.
• Among all the applications, fault location and isolation & service restoration are estimated to register notable CAGR, as FLISR reroutes power to reduce power supply faults, power shortages, and other disturbances.
• Asia Pacific excluding Japan is witnessing an impressive growth rate in the global advanced distribution management systems market, as governments in countries such as China, South Korea, and India are trying to balance the demand and supply of power to ensure efficiency and cost-effectiveness.

Urbanization, Industrialization, and Increasing Rate of Electrification Driving Market Growth:

The world is witnessing an increase in the transmission, generation, and distribution of energy. With growth in the energy sector, the electricity demand is increasing at a rapid pace. In 2021, the global electricity demand increased by 4% to more than 23,000 TWh.

Also, rising urbanization on a global scale is increasing the rate of electrification at houses, commercial places, and end-use sectors, which is further boosting the demand for advanced distribution management systems. Furthermore, rapid industrialization in various developed and emerging economies is generating demand for electricity as a primary source for modern development.

Apart from this, strong economic growth in emerging countries such as India and China, combined with rapid urbanization and growth in investments in these countries, are factors propelling market growth. The Government of India has invested USD 44.9 Billion in smart grid infrastructure, which is bolstering the demand for smart grid technology and thus, fueling the growth of the advanced distribution management systems market.

Leading Key Players:

• Schneider Electric
• ABB Corporation
• Capgemini SE
• GE Digital
• Oracle Corporation
• Siemens AG
• Tata Power DDL
• Open Systems International
• Survalent Technology Corporation
• DNV GL
• Etap
• Axxiom
• Grid Bright
• Alstom
• S&C Electric Company
• Advanced Control Systems
• Hitachi
• Anterix
• Hexagon Safety & Infrastructure

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Advanced Distribution Management Systems Market Segmentation:

By Solution :

• ADMS Platforms
• Services
  • Support &Maintenance Services
  • Consulting
  • Integration & Implementation

By Application :

• Supervisory Control & Data Acquisition
• Distribution Management Systems
• Outage Management Systems
• Distributed Energy Resource Management Systems
• Geospatial Information Systems
• Fault Location and Isolation & Service Restoration

By Industry :

• Transportation & logistics
• Energy & Utilities
• Oil & Gas
• Manufacturing
• Others

By Region :

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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A Secure Web Gateway (SWG) Market is a type of security solution that is used to protect an organization’s network from online threats such as malware, phishing, and other types of cyber attacks. The Secure Web Gateway market is a growing market, with an increasing number of organizations looking to protect their networks from these types of threats. The market includes a variety of vendors offering SWG solutions, with different features and capabilities.

These solutions can be deployed on-premises or in the cloud, and are often used in conjunction with other security solutions such as firewalls, intrusion detection and prevention systems, and antivirus software. The market is expected to continue to grow as organizations increasingly rely on the Internet for business operations and the need for advanced security solutions increases.

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Software-as-a-service (SaaS) apps are becoming widespread in businesses of all sizes and sectors, and as a result, security control is moving to the cloud. As a result, there have been substantial advancements made in secure web gateway systems to manage bandwidth usage, restrict web traffic, and shield consumers from online risks.

SWG solutions presently have a higher revenue share (2/3) than services in the secure web gateway industry, but the demand for the former is expected to skyrocket in the near future. The vast majority of businesses today still require Internet access, thus market participants are focusing more on their services to stay current.

Which companies are leading the secure web gateway market?

Key players in the global secure web gateway market include

• Symantec,
• Forcepoint,
• Cisco Umbrella,
• Zscaler, Inc.,
• McAfee, LLC,
• Trend Micro Incorporated,
• Sophos Ltd.,
• Barracuda Networks, Inc., and
• Webroot Inc.

Secure Web Gateway Market – Key Highlights

• As Latin America exhibits a CAGR of 24%, this region is expected to overtake North America by 2026.
• On the basis of industry segmentation, BFSI accounts for almost 1/5 of global adoption of SWG.
• Market vendors have shifted their focus to URL filtering, malware defense, and tunnelling options.
• On the basis of region, Europe has taken the spotlight with Western Europe being at the top.

Secure Web Gateway Market – Driving Factors

• Wide applications and adoption of secure web gateway in e-commerce and retails industries is driving the market.
• Network designing and integration services is gaining pace in the developing economies and contributing to the economy.
• MEA is set to provide series of opportunities and is said to be the most lucrative of all.
• As the financial and industrial sectors are digitalizing themselves by adopting SWG, this market is growing at a considerable rate.

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The hard disk drive market exhibited remarkable growth in 20223, with a valuation of approximately USD 40,880 million. This robust performance is projected to continue over the next decade, as the market is anticipated to expand at a commendable CAGR of 12%. By the year 2033, it is expected to soar to a staggering valuation of USD 126,967 million.

This impressive upward trajectory can be attributed to various factors, including the ever-increasing demand for data storage solutions in an increasingly digital world, coupled with advancements in hard disk drive technology. As organizations and individuals alike continue to generate and store vast amounts of data, the hard disk drive market is set to play a pivotal role in meeting these storage needs and driving substantial industry growth.

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As data storage capacities of hard disk drives continue to increase, leading manufacturers such as Toshiba are frequently rolling out hard disk drive storage technology upgrades. Consequently, magnetic storage remains a highly preferred option for long-term high-capacity data backup and archiving, which would further push hard disk drive sales.

Key Takeaways from the Hard Disk Drive Market Report:

• Network-attached Storage (NAS) hard disk drives that currently hold a market share of over 2/5^th, would remain top selling in the global market for HDD. With the highest estimated incremental opportunity to be attained through 2029, NAS HDDs will continue to see double-digit growth throughout the projection.
• Sales of hard disk drives with storage capacities of up to 1 TB and above will collectively account for three-fourths of total HDD sales. Low storage capacity, though relatively less preferred, continues to witness sustained traction.
• USB port hard disk drives that currently make up for over a third of total sales will see steady adoption shortly. Whereas, plug-in power sources of HDDs are set to gain popularity.
• Geographic expansion and collaborations with other hard disk drive providers would be the preferred developmental strategies of key players in the HDD market.

Offline Functionality of HDD Storage Technology Remains USP:

Owing to persistent ransomware attacks on networks of various organizations, customers have started procuring efficient magnetic storage technologies. The presence of an air gap acts as a security measure that isolates hard disk drives and prevents them from establishing external network connections.

This prevents the information stored on these tapes from falling prey to cyber-attacks, as they are not connected to the enterprise network, at least when switched off. Hard disk drive storage technology also trumps cloud infrastructure in this condition. Offline functionality of hard disk drive storage technology will thus bolster the growth of the global hard disk drive market during the forecast period.

Insufficient Storage Capacities Continue to Limit Market Growth:

Manufacturers in the hard disk drive market are focusing on enhancing data storage capacities to efficiently cater to massive digital data volumes. The relatively low availability of digital storage capacities will however continue to create a sizeable digital gap throughout the forecast period. The insatiable demand for enhanced data storage capacities in hard disk drives would thus restrict the market growth to a large extent.

Leading Key Players:

• Western Digital Corporation
• Seagate Technology LLC
• Toshiba Corporation
• Transcend
• ADATA Technology Co. Ltd.
• Hewlett Packard Enterprise Development LP
• Buffalo Americas Inc.

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Hard Disk Drive Market Segmentation:

By Drive Type:

• Portable HDDs
• Desktop HDDs
• Network-attached Storage HDDs

By Storage Capacity:

• Less than 250GB
• 250GB – 1TB
• Above 1TB

By Drive Interface:

• USB 3.0
• USB 2.0
• USB 3.1 Gen1
• USB 3.1 Gen2
• Ethernet
• Others

By Power Source:

• Small Facility
• AC Adapter
• USB Port
• eSATA Bus
• Plug-in

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:     

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube