Market Research Blog – Page 14561 – New Product Development

RF Power Semiconductor Market 2022 Comprehensive Shares, Historical Trends And Forecast By 2027

Rapid advancements in the telecommunications and electronics industries are boosting global market demand for RF power semiconductors. RF power semiconductors are critical in ensuring bandwidth and functionality enhancement as well as reducing production and development costs of network infrastructure and consumer electronic devices. There is increasing deployment of RF power semiconductors in testing, measurement, and communication systems owing to inherent features such as low noise, high linearity, and low consumption of power.

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Future Market Insights (FMI) has studied the various factors impacting adoption of RF power semiconductors in a new research study conducted recently. Global importance of power efficiency coupled with growing penetration of critical networking technologies has created lucrative growth opportunities in the global RF power semiconductor market. FMI’s report tracks the global demand and adoption scenario of RF power modules and devices including RF power amplifiers, RF duplexers, RF filters, RF switches, and several other devices used across key industry sectors such as automotive, telecommunications, consumer electronics, and defence & aerospace.

Swift development in global network infrastructure and increasing demand for wireless technologies and systems expected to boost adoption of RF power semiconductors in the near term. FMI’s report analyses the critical factors influencing revenue growth of the global RF power semiconductor market across key geographical regions. The last few years have witnessed rapid development in network infrastructure across several countries. This – along with burgeoning adoption of wireless devices such as tablets and smartphones as well as advanced data centres – is driving sales of RF power semiconductors. Growing global demand for IoT technologies is boosting demand for communication infrastructure equipment that necessitates the use of RF amplifiers, transformers, switches, and other components for upgrading fibre optic networks and cellular infrastructure. This is fuelling global demand for RF power semiconductors. Further, global deployment of LTE networks and adoption of next-gen wireless technologies and systems is pushing revenues in the global RF power semiconductor market.

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Growing adoption of wireless technologies and systems is propelling demand for RF power semiconductors, according to FMI analysis. The rapid proliferation of wireless mobile phone systems and subsequent increase in the global subscription base along with increasing application of wireless technologies is creating significant opportunities for companies in the RF power semiconductor market. The increase in demand for power-efficient semiconductor products has fuelled the adoption of wireless systems. Manufacturers of semiconductor products are focussing on launching safe, cost-optimal, and high-performance RF power semiconductors in the global market.

Increasing traction of 5G networks is another revenue booster in the global RF power semiconductor market. 5G technology has already entered the global telecommunications industry and telcos are migrating their current network infrastructure to high-speed 5G services and networks. Companies in the RF power semiconductor market are manufacturing 5G compatible RF devices in keeping with the increasing application areas in the telecom industry. Further, increasing adoption of 5G services such as autonomous driving, augmented reality and virtual reality, artificial intelligence, and ultra HD video is spurring global demand for and adoption of RF power semiconductors.

Key Highlights from FMI’s Analysis and Forecast of the Global RF Power Semiconductor Market

Increasing adoption of RF power semiconductors in the telecommunications industry will push revenues significantly in the next few years, with the global RF power semiconductor market projected to grow at a CAGR of 12% during the period 2018 to 2027.
The RF power semiconductor market in Asia Pacific Excluding Japan is expected to be the dominant and most attractive regional market in terms of revenue, with a projected growth rate of 13.1% during 2018 – 2027.
Revenue from the sales of RF power amplifiers is expected to surge in the coming years, and FMI estimates indicate this will remain the largest product type in the global RF power semiconductor market.
Adoption of RF power semiconductors in the global telecommunications industry will be the highest in the near future, with the sector expected to record a value share of just under 42% by the end of 2018.

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Loudspeaker Market 2022 Key Players, End User, Demand and Consumption by 2028

The loudspeaker market revenue totaled ~US$ 3,461.0 Mn in 2021, according to Future Market Insights (FMI). The overall loudspeaker market is projected to reach ~US$ 5,639.1 Mn by 2028, growing at a CAGR of 7.1% for 2022 – 28.

The Loudspeaker market growth will continue to accelerate due to the continuous development of speaker technologies. The growth of this market is driven by factors such as growing music industry, increasing demand for soundbars, adoption of wireless speakers, increasing consumer spending on multimedia systems, growing popularity of Wi-Fi and Bluetooth speakers and rising demand of digital audio devices. Loudspeaker market is nearly 35% of global speaker market.

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FMI delivers key insights about the global loudspeaker market in its report titled “Loudspeaker Market: Global Industry Analysis 2017 – 2021 and Opportunity Assessment 2022 – 2028.” Among the types of loudspeakers, the stereo speakers segment is estimated to register the highest growth in the global loudspeaker market. Under the loudspeaker speaker design segment, the with diaphragm loudspeaker segment is expected to dominate the global loudspeaker market throughout the forecast period. On the basis of deployment, the indoor deployment loudspeakers segment is expected to register the highest market share in the global loudspeaker market by the end of the forecast period.

The global loudspeaker market is expected to register an annual revenue of US$ 3,214.6 Mn by the end of 2020. The predominant regions, i.e., North America, Western Europe, Latin America and SEA & others of APAC, are expected to jointly account for a majority share of the global loudspeaker market. The loudspeaker markets in Southeast Asia & other Asia Pacific and North America are expected to dominate the global loudspeaker market during the forecast period.

These days, people are reluctant to use the old methods of playing music through loudspeakers, which include the usage of compact discs, cassettes and the like, however, the introduction of music streaming platforms globally has made it easy for users to play their choice of music on-demand. This has supported the growth of the loudspeaker market by driving the customer base for loudspeakers. Another factor driving the loudspeakers market is the popularity of these loudspeakers at public places such as cinemas, restaurants, concerts, etc., which has significantly boosted the loudspeaker market. Moreover, individual entertainers prefer to use loudspeakers during their outdoor shows, which indicates that the price standards of loudspeakers are decreasing day by day.

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The interaction of a loudspeaker systems with the environment around them determines whether their usage in a particular environment is appropriate. Indoor deployment loudspeakers are generally used for a room and not for open places or places that host public events, whereas outdoor deployment loudspeakers are mostly used in venues that host public events such as concerts, theaters, restaurants, etc., and a network of loudspeakers is placed at different places in these venues.

The speakers with a diaphragm assembly for the generation of sound waves are termed as diaphragm speakers. The speakers with diaphragm include moving-iron loudspeakers, piezoelectric speakers, magnetostatic loudspeakers, magnetostrictive speakers, electrostatic loudspeakers, ribbon & planar magnetic loudspeakers, bending wave loudspeakers, flat panel loudspeakers, Heil air motion transducers, transparent ionic conduction speakers and others. On the other hand, the speakers that do not work on the diaphragm-based loudspeaker model are termed as speakers without diaphragm. Plasma arc speakers, thermo acoustic speakers, rotary woofers and others are included in this category.

The market of the Southeast Asia and others of Asia Pacific region is expected to dominate the loudspeaker market in terms of growth rate, followed by the Latin America market. The loudspeaker market of North America is estimated to expand significantly over the forecast period. The Eastern Europe loudspeaker market is expected to register moderate growth with a total incremental dollar opportunity of 214.9 Mn. However, by the end of 2028, the North America loudspeaker market is expected to be followed by the Western Europe loudspeaker market in terms of value due to the good distribution channels of major loudspeaker market players in these regions in addition to their large presence.

According to FMI analysis, the introduction of loudspeakers with advanced features by loudspeaker providers as well as strategic collaborations, acquisitions and mergers will help increase the overall corporate revenue in the global loudspeaker market. Examples of some of the participants included in the global loudspeaker market report are Yamaha Corporation; LG Electronics Inc.; Klipsch Group, Inc. (A VOXX International Company); Harman International Industries; Bose Corporation; Creative Technology Ltd.; Logitech International S.A; Sony Corporation; Panasonic Corporation; Bowers & Wilkins and Sound United LLC.

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Customer Experience Platforms Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2028

The customer experience platforms market revenue totaled ~US$ 7,753.9 Mn in 2021, according to Future Market Insights (FMI). The overall customer experience platforms market is projected to reach ~US$ 18,972.7 Mn by 2028, growing at a CAGR of 13.9% for 2022 – 28.

The customer experience platforms market growth will continue to accelerate due to the rising need for improving interactions between businesses and customers.

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The growth of this market is driven by factors such as rapid integration of multichannel touchpoints, increasing need for planning customer engagement strategy, growing adoption of customer experience management to improve customer engagement and reduce customer churn rates and increasing need to analyze customer data to increase business revenue.Customer experience platforms market is nearly 30% of global customer relationship management market.

customer experience platforms

Key Research Findings At A Glance

Robust yearly revenue growth of around 12% estimated for mobile apps as the highly attractive interaction point is primarily driven by exceptional penetration of smartphone technology. Around 1/4th share of the current market revenue is contributed by mobile applications.
Cloud as a deployment model is winning a heavy incremental opportunity translating further into a larger share of more than 55% over on premise segment in the customer experience platforms landscape.
Consumer goods and retail sector, currently holding around 1/4th share of the total market revenue, is observing a hefty incremental opportunity. Hospitality is also rapidly emerging attractive end use vertical for CX platform vendors owing to the considerable yearly growth anticipated post 2020.
Large enterprises continues to reign supreme over small and medium sized enterprises in terms of deployment of customer experience platforms. Maximum business opportunity resides in the Android segment.

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FMI Recognizes Significant Growth Potential in Developing Regional Markets for Customer Experience Platforms

North America continues to lead the pack globally in customer experience platforms landscape, whereas substantial growth opportunities lie in the South Eastern Asia and rest of Asia Pacific region.

A collective revenue share of over 28% from the eastern and western parts of Europe represent the significant position of European region in customer experience platforms ecology.

While customer centric approach of CX platform vendors is identified to be the key driver for North America’s market, ever-growing digitization is pushing the scenario in Asia Pacific, wherein spectacular growth opportunities are spotted in India and ASEAN countries.

A majority of key market players have strong presence across developing economies in Japan and MEA.

Maintaining the Customer Centric Approach Helps CX Platform Vendors Deliver Customer Satisfaction at An Improved Level

Vendors of customer experience platforms are focusing more on end user requirements, in addition to ever-evolving business requirements.

Fostering adoption of IoT and connected technologies is fueling adoption of customer experience platforms based on end user perceptions.

Centralization of customer data that has been collected from the various points of interaction is enabling vendors to develop a personalized approach to delivering top notch customer experience.

CX Platform Vendors to Tap into the White Spaces in Predictive Analytics Integration

Future Market Insights report on customer experience platforms landscape reveals that the vendors are leveraging the opportunities residing in the integration of predictive analytics into their existing CX platform offerings.

“It’s all about delivering a more advanced version of current customer experience platforms along with improved applications and functional capabilities as added advantages to customers,” says the FMI analyst, while adding further, “It will even help vendors conduct the comparative analyses of past and current CX data and further generate an accurate predictive data about customer experience trends, customer behavior, and the actual purchasing decision”.

With more than 40% share of the current market revenue, Tier 1 players are reportedly delivering best-in-industry offerings in wider portfolios, imparting significant regional coverage. Tier 2 companies on the other side include some of the highly important companies that hold the potential to transit to the Tier 1 category. Although Tier 3 players are relatively new entrants and hold limited presence at a global level, they reflect growth at a rapid pace.

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Key Questions Answered in the Report

Which region is expected to showcase high growth in Customer experience platforms demand?
Who are some of the leading companies offering Customer experience platforms?
How much is the global Customer experience platforms market worth?
What will be the demand outlook/ sales forecast for Customer Experience Platforms market?
What was the last 9 year market CAGR?

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Tableau Services Market Research Report 2022 – Global Forecast till 2028

The tableau services market revenue totaled ~US$ 896.1 Mn in 2021, according to Future Market Insights (FMI). The overall tableau services market is projected to reach ~US$ 2,183.2 Mn by 2028, growing at a CAGR of 13.6% for 2022 – 28.

The tableau services growth will continue to accelerate due to the continuous developments in business intelligence technologies.The growth of this market is driven by factors such as growing adoption of cloud computing services, increasing demand for data proliferation, rising internet penetration, rising trend of Bring-Your-Own-Device (BYOD) and increasing infrastructural development. Tableau services market is nearly 7.0% of the business intelligence platform market.

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According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding distribution networks continue to influence growth of the Tableau Services market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the Tableau Services market report and gather data from a wide range of primary and secondary sources.

Impact of COVID-19 on Tableau Services Market

With the onset of COVID-19, there has been a significant impact on the technology sector. Disruptions of electronic supply-value chain and raw material supply have adversely impacted the technology industry. However, there has been a positive impact on the industry with the adoption of remote working. Rapid focus on integrating digital techniques and big data analytics in IT services and technology industry are expected to result in a healthy outlook.

tableau services market

FMI’s recently published report has a chapter exclusively dedicated to COVID-19 impact analysis. This is intended to aid Tableau Services market stakeholders in deploying innovative strategies to overcome the challenges that are likely to affect the Tableau Services market.

Key Questions Addressed in the Tableau Services Market Report

How will the Tableau Services market expand through 2031?
Which are the major key growth drivers and opportunities driving the market growth?
What are the recent technological developments in the Tableau Services market?
What are key challenges and competition threats faced by Tableau Services market players?
Which region is the most lucrative in the Tableau Services market?

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Tableau Services Market: Competitive Analysis

The FMI’s Tableau Services market report provides a detailed analysis of prominent players as well as emerging companies operating in the Tableau Services market. Some of the key players are:

Deloitte
Silicus Technologies, LLC
Bilytica
Interworks
Nabler
Vizual Intelligence Inc.
SA Technologies, Inc

With an extensive SWOT analysis, the FMI’s study provides the strengths, weaknesses, growth prospects and product expansion within the players. The report also offers key players marketing strategies, recent mergers and acquisitions and pricing strategy to gain a competitive edge in the industry.

Tableau Services Market: Key Segmentation

By Region

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

Incisive coverage of the regional markets offers deeper insights on the market performance across key regions along with relevant graphs, figures, and list of tables.

By Service Type

Consulting
Maintenance & Support
Data Preparation
Governance
Dashboard Development & Designing
Server Development

By Enterprise Size

Small Enterprises
Medium Enterprises
Large Enterprises

By Vertical

Technology
Healthcare
Automotive
Consumer Goods & Retail
Manufacturing
BFSI
Government
Media & Entertainment
Energy & Power
Others

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Why Buy FMI’s Report?

Extensive analysis on key trends and opportunities on the industries ongoing trends in different regions across the globe
All-inclusive assessment on recent technological advancements and forecast of the upcoming decade
A comparative analysis of leading players and emerging players in the Tableau Services market
Reliable information on new product launches, organic and inorganic strategies, and more
Valuable insights on the impact of regulatory framework on the global Tableau Services market

Key Questions Answered in the Report

Which region is expected to showcase high growth in Tableau Services Market?
Who are some of the leading companies offering Tableau Services?
How much is the global Tableau Services market worth?
What will be the demand outlook/ sales forecast for Tableau Services?
What was the last 9 year market CAGR?

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Mobile Device Management Market 2022 | Present Scenario and Growth Prospects 2028

The global mobile device management market is expected to register a CAGR of 22.9% during the forecast period of 2022 to 2028. North America, SEA & others of APAC and China are expected to account for an approximate market share of 50% by the end of the forecast period.

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FMI delivers key insights on the global mobile device management market in its report titled “Mobile Device Management Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028.” With respect to the deployment type of mobile device management, the cloud sub-segment is expected to register the highest growth in the global mobile device management market. Under the mobile device management solution segment, the service management sub-segment is expected to dominate the global mobile device management market throughout the forecast period. On the basis of business size, large enterprises are expected to register the highest market share in the global mobile device management market by the end of the forecast period. On the basis of the vertical type of the mobile device management market, the education industry segment is expected to witness a higher growth rate as compared to other verticals.

mobile device management market

The global annual revenue from the deployment of mobile device management solutions is expected to be valued at US$ 15,899.6 Mn by the end of 2028. The dominant regions, i.e. North America, China, SEA and others of APAC and Western Europe, are expected to collectively account for a majority share of the global mobile device management market. The mobile device management market in Southeast Asia & other Asia Pacific economies and China are likely to dominate the global mobile device management market over the forecast period.

In the coming years, small and medium enterprises are expected to be the top adopters of mobile device management solutions. Mobile device management helps enterprises improve their business functionality and security of data by minimising operating costs and improving productivity. Investments in mobile device management are witnessing significant growth. These factors are expected to boost the mobile device management market across the globe. Furthermore, mobile device management has also been adopted by various governments for securing the data from online predators and other external & internal threats.

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On the basis of FMI analysis, mobile device management is adopted by several organisations in the recent years and many more organisations are expected to adopt this technology in the near future. One of the major factors driving the global mobile device management market is the digital transformation that is gaining traction in manufacturing, retail, IT, education and wholesale industries.

The market in the Southeast Asia and others of Asia Pacific region is expected to present the most attractive opportunities for mobile device management software developers, followed by China. The mobile device management market in SEA and others of APAC is estimated to expand at a significant CAGR in terms of value over the forecast period. Furthermore, the mobile device management market in Latin America is also expected to witness significantly high growth. The market value of mobile device management in SEA and Others of APAC region is projected to register a total incremental opportunity of US$ 1,536.3 Mn. However, by the end of 2028, the North American mobile device management market is expected to continue dominating the global mobile device management market due to the large presence of mobile users as well as a strong platform for the growth of multiple industries in the region.

According to FMI analysis, the launch of advanced intelligent mobile device management by mobile device management providers as well as strategic collaborations, acquisitions and mergers will help increase the overall corporate revenue in the global mobile device management market. Examples of some of the market participants in the global mobile device management market report are VMware, Inc.; Blackberry; Microsoft Corporation; MobileIron Inc.; Citrix Systems, Inc.; SAP SE; IBM; SOTI Inc.; JAMF and Cisco.

COVID-19 Crisis Evaluation

The COVID-19pandemic of 2020 took the world by surprise and completely redefined the way our world functions in the most fundamental ways. People across the world were confined to their homes due to lockdown restrictions and this completely flipped the tide in favor of digital technology which came to the rescue and provided a safe alternative to keep some aspects of economies running without risking the spread of coronavirus.

Digitization and technological proliferation rose exponentially in the pandemic and so did the need for mobile device management as many organizations provided devices to their employees to work from home and managing them were crucial to the security of the organizations.

Key Questions Answered in the Report

How big is the mobile device management market?
At what CAGR is the mobile device management market expected to expand from 2022-2028?
What is the predicted market net worth by the end of 2028?
Who are the prominent mobile device management solution providers profiled in this report?
As per deployment type, how is the mobile device management industry segmented?

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Edutainment Market 2022 Development Status, Competition Analysis, Type and Application 2032

According to the edutainment industry analysis by Future Market Insights (FMI), the demand registered in the market will increase at a healthy CAGR of 16.1% from 2022-2032.

The report states that the market is expected to reach the valuation of ~US$ 1.8 Bn by the end of 2022. As per FMI, rapid technological advancements and introduction of learning through entertainment have created prospects for edutainment.

Edutainment is helping to improve children’s social skills by using children’s literature, practicing social overtures, and strengthening social & emotional education. It also enhances social-emotional well-being in youngsters by improving teachers’ social-emotional curriculum design and competence.

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The edutainment centers usually appeal to the 8 to 14 age group and their parents. This indicates penetration of deep youth population under the age of 14 in the Asia-Pacific and with rising incomes and expectations, parents are spending more on their children, which is expected to drive the edutainment market growth.

Indoor parks are both within greater reach and more profitable to most developers and operators as compared to outdoor theme parks due to which number of operators are launching new edutainment centers to attract the customers.

Furthermore, in 20th century children used to be much more physically active as compared to the present as they did not have access to video games, handheld gaming devices, computers or the Internet. But especially in recent years, the world is much more socially interactive and sophisticated, however, physical activity is an important habit for a healthy lifestyle. Thus, children and young adults are the most attractive demographics segment in the overall edutainment market.

Key Takeaways: Edutainment Market

By gaming type, the explorative segment is anticipated to account for the leading share in the global demand for edutainment during the forecast period. However, the hybrid combination segment is estimated to grow at a robust CAGR of 19.0% through 2032.
By revenue source, the entry fees & tickets segment is anticipated to increase at a CAGR of 18.2% between 2022 & 2032.
Based on visitor demographics, children (0-12) segment is estimated to witness high growth during the forecast period as most pre-school and kindergarten providers have realized that open-ended play in the right environment helps children develop and learn emotionally, cognitively, socially, and physically.

North America is expected to lead the market followed by Europe in 2022. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2022 & 2032.
The market in China is expected to progress at a CAGR of around 18.4% through 2032.
In India, sales are expected to increase at a CAGR of close 23.6% over the next ten years.

“The key players of edutainment parks are focusing on investing on adding new features and new rides in the edutainment parks for boosting its capacity to serve customers and for enhancing the customer base” says FMI analyst.

Inclination towards New Kinds of Edutainment to Propel the Sales

Soft modular play centers, operated on a pay-for-play basis, were the first incarnation of edutainment centers. They were based upon the mistaken idea that indoor, safe, physical play met the play needs of young children. Later centers were bigger and included rides, games, and passive entertainment including animatronics, which was basically more of the same. Some center operators looked to the early childhood education and children’s museum industries.

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Nowadays, new edutainment centers recognizes that all children are not alike, that kids come in different ages and levels of development, and represent distinct genders and cultures and experiences. This generation is based wholly on “actual” reality and high touch. It offers children a place with the tools they need to create their own magical worlds, where their imaginations rule and they can develop their minds, souls and bodies. As a result, the edutainment market is projected to register a noteworthy growth during the forecast period.

Footfall in Edutainment Centers is increasing with Changing Lifestyles

Entertainment choice of consumer are mostly focused on building a personal narrative and memorable experiences. New business models arise as entrepreneurs ride key trends within the market which is creating a dynamic environment for investment, and businesses that strike a chord among consumers and reach a level of scale can expect strong support. In developing markets, growth rates are estimated to be high as incomes of consumers is rising and available free time is increasing. Theme parks/ edutainment parks are also benefiting from rising incomes and the pivot to experience.

Rapid industrialization, increased disposable income and busy working schedules have significantly hampered the lifestyles of customers globally in the past few years. These changes in lifestyles have boosted the preference for spending quality time along with education, entertainment, food & beverages and other fun activities. This is among factors that are encouraging customers to visit edutainment centers for spending their leisure time, as well as for celebrations, adventure experiences, education etc. With these changing lifestyles, edutainment centers are offering more and more modern education and entertainment options for kids under one roof. This is among the key factors responsible for driving the edutainment market across the globe.

More Valuable Insights on Edutainment Market

Future Market Insight’s report on the edutainment industry research is segmented into five major sections – gaming type (interactive, non-interactive, explorative, hybrid combination), facility size(5,000 to 10,000 sq ft, 10,001 to 20,000 sq ft, 20,001 to 40,000 sq ft, and >40,000 sq ft), revenue source(entry fees and tickets, food & beverages, merchandizing, advertising, others), visitor demographics(children(0-12), teenagers(13-18), young adults(19-25), adults(25+)) and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the edutainment demand outlook.

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Treasury and Risk Management Application Market 2022 | Scope of Current and Future Industry 2028

The global treasury and risk management application market is set to be worth US$ 4.5 Bn in 2022, and is predicted to surge at a CAGR of 8% to bring in revenue of US$ 7.1 Bn by 2028.

15% of the global risk management industry revenue is generated by treasury and risk management applications. Financial risk management has become crucial for enterprises, and this is expected to fuel demand for treasury and risk management applications.

FMI delivers key insights on the global treasury and risk management application market in its report titled “Treasury and Risk Management Application Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028.” Among the components of the treasury and risk management applications market, software components are expected to register the highest growth in the global treasury and risk management application market. Under the treasury and risk management application service components, consulting services are expected to dominate the global treasury and risk management application market throughout the forecast period. On the basis of application, financial resource management applications are expected to register the highest market share in the global treasury and risk management application market by the end of the forecast period. On the basis of the deployment type of treasury and risk management applications, cloud-integrated treasury and risk management applications are expected to witness a higher growth rate as compared to the on-premise deployment type.

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treasury and risk management application market

Treasury and Risk Management Application Market: Analysis & Overview

The global annual revenue from the deployment of treasury and risk management applications is expected to be valued at US$ 3,896.6 Mn by the end of 2020. The dominant regions, i.e., North America, Eastern Europe, SEA & others of APAC and Western Europe, are expected to collectively account for a majority share of the global treasury and risk management application market. The treasury and risk management application markets in Southeast Asia & other Asia Pacific and Eastern Europe are likely to dominate the global treasury and risk management application market over the forecast period.

In the coming years, small and medium enterprises are expected to be the top adopters of treasury and risk management applications. Treasury and risk management applications help enterprises improve their business functionality by minimising operating costs and improving productivity, due to which investments in treasury and risk management applications are witnessing significant growth. These factors are expected to boost the treasury and risk management application market across the globe. Moreover, treasury and risk management applications have also been adopted by various governments for storing the data as a backup to deal with expected as well as unexpected financial emergencies.

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On the basis of FMI analysis, a noteworthy traction of professional and consulting services is expected with the increasing deployment and integration of treasury and risk management application software globally. One of the major factors driving the global treasury and risk management application market is the growing digital transformation in the manufacturing, retail and wholesale sectors.

Treasury and Risk Management Application Market: Regional Overview

The market in Southeast Asia and others of Asia Pacific region is expected to present the most attractive opportunities for treasury and risk management application providers, followed by the Latin America market. The treasury and risk management application market in SEA and others of APAC is estimated to expand at a significant CAGR in terms of value over the forecast period. Furthermore, the treasury and risk management application market in Latin America is also expected to witness significantly high growth. The market value of treasury and risk management applications in Eastern Europe is projected to register a total incremental opportunity of US$ 744.0 Mn. However, by the end of 2020, the North American treasury and risk management application market is expected to continue to dominate the global treasury and risk management application market due to the large presence of treasury and risk management application providers as well as a strong platform for the growth of the IT finance industry in the region.

According to FMI analysis, the launch of advanced intelligent treasury and risk management applications by treasury and risk management application providers as well as strategic collaborations, acquisitions and mergers will help increase the overall corporate revenue in the global treasury and risk management application market. Examples of some of the market participants in the global treasury and risk management application market report are SAP SE; Oracle Corporation; FIS; Sage Group Plc; Kyriba Corporation; PREFIS, JSC; Openlink; ION; MORS Software; Wolters Kluwer; Fiserv, Inc.; PwC; Reval; Broadridge Financial Solutions, Inc.; and Calypso, among others.

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Key Questions Answered in the Report

What is the projected CAGR for the global treasury and risk management software market?
What is the global treasury and risk management software market size?
What is the global treasury and risk management application market expected to be worth in 2028?
Which segment holds a dominant market share in the industry?
What was the market expansion rate from 2013 to 2021?

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Cognitive Assessment and Training Market 2022 Outlook, Current and Future Industry Landscape Analysis 2028

The global cognitive assessment and training market is estimated at US$ 1.4 Bn in 2022, and is projected to rise significantly at a CAGR of 17.4% to reach US$ 3.7 Bn by 2028.

Cognitive assessment and training solutions accounted for around 26% share of the global psychological assessment market. The mobiles and tablets segment is likely to increase at a CAGR of 17% over the assessment period of 2022 to 2028.

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Cognitive Assessment and Training Market: Overview & Analysis

The global cognitive assessment and training market is expected to grow at a CAGR of 16.1% during the forecast period. The cognitive assessment and training market was valued at US$ 758.4 Mn in 2021, and is projected to grow significantly to reach US$ 3,746.6 Mn by 2028.

Increase in the adoption of mobile technologies and advancements in IT systems and healthcare technologies are playing an important role in boosting the adoption of cognitive assessment solutions.

In cognitive assessment and training report, FMI has segmented the global cognitive assessment and training market on the basis of component, type, end-user and region. By component, the cognitive assessment and training market is sub-segmented into software and services.

The increasing penetration of mobiles and tablets is supporting the growth of the software sub-segment. Furthermore, the increasing penetration of smartphones is boosting the number of cognitive solutions worldwide. In addition, the vendors of cognitive assessment and training solutions are also updating their product portfolio with innovative mobile and tablet applications for cognitive assessment and training. These are among key factors supporting the software sub-segment.

Owing to these factors, the software sub-segment is also expected to exhibit a 70.2% market share at the end of 2018. In addition, the services segment is also projected to create potential growth opportunities for the vendors of cognitive assessment and training solutions during the forecast period.

Based on type, the global cognitive assessment and training market is segmented into Personal Computer (PC) and mobile & tablet. The mobile & tablet sub-segment is projected to register double-digit growth during the forecast period. This sub-segment registered a 61.8% market share in 2017.

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Growth in the income of the middle class population has led to an increase in the purchase of premium smartphones. Hence, the mobile & tablet sub-segment is estimated to generate potential opportunities for the cognitive assessment and training vendors in most of the developed and developing countries. In recent years, it has been observed that the domestic manufacturing of smartphones has registered double-digit growth in India and China. These factors are also creating the demand for mobile and tablet-based cognitive assessment and training solutions in India and China.

Based on end user, the global cognitive assessment and training market has been sub-segmented into healthcare, education, research organisation and others.

Global and regional healthcare companies are increasingly adopting advanced technologies to sustain in this highly competitive environment. The global healthcare industry is undergoing technological advancements. Due to these factors, the healthcare industry is projected to have a market share of more than 60% in the cognitive assessment and training market at the end of 2018.

On the basis of geography, North America is expected to dominate the global cognitive assessment and training market due to the advent of next-generation technological advancements in the U.S. and Canada. The cognitive assessment and training market has high potential in China owing to major technological advancements in the country. China is now the most connected country in the world. In the recent years, the cognitive assessment and training market in China has witnessed significant growth due to the increasing spending of consumers on healthcare. The SEA and Others of APAC cognitive assessment and training market will be a target market for market participants because governments in the region are promoting and supporting the healthcare and education industries. Latin America is estimated to grow with a high CAGR over the forecast period. Furthermore, Japan is projected to exhibit a double digit-growth rate during the forecast period.

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According to FMI analysis, long-term contracts with business partners help to increase revenue and new innovation strategies will enable cognitive assessment and training vendors to reach new growth markets. Some of the market participants featured in the global cognitive assessment and training market are IBM Corporation, Cambridge Cognition Limited, NeuroCog Trials, ERT Clinical, Brain Resource Company, WIRB-Copernicus Group, CogniFit, CRF Health, Cogstate Limited and Pearson Education.

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MRI Pulse Oximeters Market is predicted to increase at a CAGR of 2.5% to reach a valuation of US$ 36.5 Million by 2028

Global sales of MRI pulse oximeters were valued at ~US$ 31.6 million in 2021, and are estimated to record a Y-o-Y growth of ~2% in 2022. As per the research findings of a new study by Future Market Insights (FMI), constant technological advancements in medical devices that target improved efficiency and convenience, have been sustaining the use of MRI pulse oximeters.

However, manufacturers are hard pressed to innovate, as the applicability of highly advanced pulse oximeters extends beyond MRI environments.

A notable increase in the prevalence of chronic diseases has led to surge in the sales of high-end diagnostic machines, including those for MRI, and CT scanners, which in turn foster the demand for MRI pulse oximeters. Developed with non-magnetic components, MRI-compatible pulse oximeters have been gaining ground in early detection of critical congenital heart defects (CCHD) by accurately measuring the blood oxygen value of a newborn.

FMI study estimates that the MRI pulse oximeters market will register a CAGR of 2.5% during the given timeframe. High costs associated with MRI procedures have been creating a wave of reluctance among healthcare professionals and patients to adopt MRI pulse oximetry testing.

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However, increasing popularity of medical tourism and favorable health insurance policies in both developed and developing countries are likely to attract patients towards expensive yet efficient MRI scan therapy, and subsequently drive the sales of MRI pulse oximeters.

Wireless MRI Pulse Oximeters Capture Significant Shares

Aligning with the rapid development of state-of-the-art medical devices and technologies, market players continue to increase the production of wireless MRI pulse oximeters that need not be connected to MRI machines. Operated through infrared (IR) or Bluetooth technology, wireless MRI pulse oximeters have also witnessed higher innovations and investments as compared to wired variants. As 6 in 10 units of MRI pulse oximeters sold in 2021 are wireless, manufacturers are specifically focused in this category. Additionally, MRI pulse oximeters without monitor continue to account for greater revenue share over their counterparts, as they can be coupled with a wide range of monitors.

According to the study, while business growth strategies remained influenced by the increasing adoption of MRI pulse oximeters in hospitals, manufacturers are working towards capitalizing on diagnostic laboratories and ambulatory surgical centers for expanded customer base. Increasing patient visits in well-equipped laboratories for complete diagnosis of diseases has also led to realignment of these strategies.

Growth prospects of the MRI pulse oximeters market, as identified by the FMI study, are high in North America. Heavy investments in R&D activities on medical devices and technologies along with favorable reimbursement scenario in the region are likely to offer lucrative opportunities for the market players. In addition, manufacturers are viewing Asia Pacific from target market perspective, considering increasing healthcare expenditure and growing awareness of new medical devices in the region.

The new business intelligence also offers key insights on the competitive scenario in the MRI pulse oximeters market. As per the study, the market shows a high level of consolidation, with top two players including Nonin and Koninklijke Philips N.V. collectively accounting for ~41% revenue share. Filling gaps in their portfolio to master the diagnosis of chronic diseases, rather than focusing solely on one specific product category will be key focus area for the stakeholders.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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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Methicillin-Resistant Staphylococcus Aureus (MRSA) Treatment Market is expected to reach US$ 5.5 Billion by 2030

The global Methicillin-Resistant Staphylococcus Aureus (MRSA) Treatment Market reached US$ 3.57 Bn in 2022 (up by 4.7% over 2021). Outbreak of Covid-19 in the short-term, backed by “innovation” in the long run, is expected to drive the market.

Sepsis, toxic shock syndrome, bacteremia, osteomyelitis, endocarditis, meningitis, pneumonia are amongst the life-threatening diseases caused by Staphylococcus Aureus bacteria. These diseases are cured by antibiotics.

Some form of staphylococcus aureus that has developed resistance to a broad range of antibiotics fall in the category of “Methicillin-Resistant Staphylococcus Aureus (MRSA)”. This resistance is one of the key factors driving the market in the near future as well as extensive research ought to be on the anvil to devise new medications.

According to FMI’s latest study, the rising incidences of MRSA all over the world are likely to create demand for safe and efficient drugs during the forecast period.

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Covid-19 Pandemic: A Short-term Upholsterer

Outbreak of novel corona virus has resulted in short-term considerable increase in the number of MRSA infections. This number is expected to boost the market demand for MRSA antibiotics during the ongoing Covid-19 crisis. As per the latest data, around 2.5 million people have been infected by Covid-19 so far.

Key Takeaways of MRSA Treatment Market Study

In terms of drug class, glycopeptides (vancomycin) and oxazolidinones (linezolid) are collectively expected to account for over 75% of revenue share in the MRSA treatment market owing to preference of both antibiotic classes as a first-line treatment against MRSA infections and used in more than 80% of MRSA cases treatment.
By route of administration, intravenous (IV) route of administration remains the recommended option. Drugs that can be administered through IV are likely to gain more than one-half of market share in the MRSA treatment market during the forecast period.
By indication, skin and soft tissue infections (SSTIs) are leading the market and expected to gain more than 40% of revenue share followed by the pneumonia over the forecast period.
Incidence of healthcare acquired MRSA is higher than community acquired MRSA, and FMI opines status-quo to remain unchanged during the assessment period
North America is the highest revenue generating market by region due to high incidence of MRSA infections
Asia Pacific is expected to witness high demand for MRSA testing systems due to high incidences of MRSA infection herein. For example – Journal of Family Medicine and Primary Care, in 2021, stated that occurrence of MRSA among kids aged 5 to 15 is between 16 and 52%. India alone accounts for 4-19% of these infections.

Government and Pharma Industry Focus on Working in Unison to Develop Advanced Treate

As per University of Melbourne’s researchers, “Teixobactin” responds positively against MRSA. These results are likely to pave the way for development of antibacterial drugs to treat multi-drug resistant Gram-positive infections with thick cell wall. This will open wider doors for MRSA treatment market all over Australia and the other countries in Asia-Pacific. Teixobactin is already known for destroying Mycobacterium tuberculosis.

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