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Estimated to observe a whopping 15% rate of the yearly growth in revenue, the global DDI market projected for an impressive growth outlook in 2019 and ahead. According to a new Future Market Insights’ study, SMEs are rapidly emerging as high-potential end use consumers for DDI services and solutions providers.

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.

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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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Key Queries Answered in the Report

• How has the DDI market evolved in the past four years and what is the outlook for the next decade?
• What are the key market trends and strategic developments in the DDI market?
• What are the key challenges faced by the DDI solution and service providers?
• What are the market dynamics in the global DDI market?
• What are the strategies and market positioning of DDI solution and service providers as per the DDI market taxonomy?
• What is the DDI market structure at present and how has it evolved in the past few years?

Future Market Insights (FMI) recently published a study that forecasts a robust growth outlook for the global application delivery network (ADN) market over a decade-old period, 2018-2028. Estimated at an impressive CAGR of 10.6%, the market for application delivery network will reportedly observe strong growth in the years to come owing to expanding applicability.

Extensively in use for applications in retail, arts, entertainment, and recreation, application delivery network technology are also finding wide applicability in several other industry verticals such as finance & insurance, educational services, public administration, healthcare & social assistance, and manufacturing.

Deployment of application delivery network platforms catalyzes the application delivery process at data centers, in addition to facilitating the application responsiveness and application load time. The key objective of the application delivery network is to enhance the user experience and deploy technologies that improve network security and latency. These advantages will continue to boost the adoption of application delivery network by businesses in the near future.

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Vendors Maintaining the Focus on Specialized Application Delivery Network for Different End-Users

In the application delivery network market, established vendors are undertaking research initiatives to develop specialized application delivery network equipment for different end-users, such as cloud service providers and telecommunication service providers, among other enterprise networks. Application delivery networking platforms integrated with application control and classification features are enabling enterprises to control the flow of applications over the network.

Application visibility and control features are allowing enterprises to fulfill the regulatory needs while knowing the type, nature, and other parameters of applications running across the application delivery network. These benefits offered by application delivery networks enable enterprises to offer better service, control expenditure and provide effective security. Mission-critical applications are protected and non-business applications do not overrun the application delivery network. This trend is expected to play a major role in accelerating the adoption of application delivery network services on a global scale.

Application-related advancements in application delivery networks, responses to customer devices and innovations in real-time decision-making, and features such as compression, routing, & other probable transformations are expected to offer lucrative opportunities in the global application delivery network market. Big Data is expected to be leveraged to further enhance advanced networking and network analytics. This factor is expected to drive automation and enhance application delivery networking abilities during the forecast period.

Key segments in the global application delivery network market:

Product

• Application Delivery Controllers
• WAN Optimization Controllers
• Application Security Equipment
• Application Gateways

End-user Environment

• Cloud Service Providers
• Telecommunication Service Providers
• Other Enterprise Networks

Deployment Type

• On-premise
• Cloud

Vertical

• Finance and Insurance
• Educational Services
• Arts, Entertainment and Recreation
• Public Administration
• Retail Trade
• Health Care and Social Assistance
• Manufacturing

Equally Strong Adoption of Application Delivery Network among SMEs & Large Enterprises

Various SMEs in emerging markets are focusing on utilizing application delivery network platforms and the internet to enhance their market diffusion. Large organizations are focusing on providing an interactive and engaging digital experience that relies on heavy multimedia content. This is likely to increase the loading time of webpages and other applications due to increasing congestion and traffic on the internet. Customer engagement is vital for the sustenance of enterprise businesses and is becoming increasingly challenging with continuous fluctuations in online economic conditions characterized by intense competition. This is expected to increase the deployment of content and application delivery networks for the efficient delivery of web- and application-based static and dynamic content during the forecast period.

Application delivery networks ensure the availability, speed, and security of applications. A suite of technologies is delivered over a special network, which is designed to maximize the overall performance of applications. The distribution of network traffic across multiple servers is often required to enhance application responsiveness. Unlike content delivery networks, which deliver static content, application delivery networks optimize the delivery and acceleration of dynamic content.

Geographically, the application delivery network market in North America is estimated to continue to hold the largest share of the global application delivery network market throughout the forecast period, owing to the focus of enterprises on enhancing web and application-based market diffusion. The South Asian application delivery network market is expected to witness a comparatively higher application delivery network procurement owing to the focus of companies and governments on accommodating the next-generation applications in the region.

Some of the key players in the global application delivery network market report include Cisco Systems, Inc.; Citrix Systems, Inc.; Dell Inc.; Juniper Networks, Inc.; Hewlett Packard Enterprise Development LP; Verizon; Oracle; A10 Networks, Inc.; Symantec Corporation; Array Networks, Inc.; F5 Networks, Inc.; Aryaka Networks; Radware; and Riverbed Technology.

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Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

The KVM switch sales roughly approached US$ 615 Mn in 2018. Future Market Insights’ new intelligence report has projected a sluggish growth rate for the KVM switch market in 2019 and ahead. The report titled ‘KVM Switch Market Global Industry Analysis 2013–2017 and Opportunity Assessment 2018–2028’ evaluates the market and expects changes in the future scenario of the market.

KVM (Keyboard, Video, and Mouse) switch is a hardware device which allows server administrators to control multiple computing devices from a video display monitor, single keyboard, and mouse.  KVM switch-based system performs the functions like management, monitoring, and control of an enterprise environment from a central location.

KVM switches are usually deployed in data centers that have multiple servers and computers in a single server rack. Datacenter personnel can rapidly connect to any server in the rack with a KVM switch allowing the personnel to control several computers from a single KVM device. Now, these KVM switches also allow to USB devices and switch audio (for example printers) between the different computers.

On the basis of the findings specified in the report, the market is estimated to witness sustained demand from telecom & IT industry operators, and finance & insurance sectors over the coming years. The modest demand growth of KVM switch has been attributed to adoption within emerging economies in the global market.

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Global KVM Switch Market Dynamics    

Increasing demand for KVM Switch in telecom & IT sector is expected to contribute to the growth of the KVM Switch market over the forecast period. Moreover, KVM switches feature a unique flexibility that fulfills the requirements of small as well as medium-sized home offices and other large enterprise-grade applications.

Additionally, These KVM switches enable data center users and personnel to establish a connection with any server in the rack cabinet. Thus, growing demand for KVM switch from SMEs and large enterprises are expected to fuel the growth of the KVM Switch market in the coming years.

On the flip side, the high affordability factor promised by advanced cloud computing solutions is also estimated to minimize the adoption rate of data centers during the forecast period, which is expected to have a negative impact on the growth of the global KVM switches market.

Global KVM Switch Market Forecast

An in-depth analysis of the market suggests that the overall size of the global KVM Switch market will grow at a substantial rate during the forecast period. Several optimistic variations are likely to contribute to the growth of the KVM Switch market.

By region, North America is estimated to hold a significant share in the global KVM Switch market throughout the forecast period. North America, followed by Europe, is estimated to remain among the dominant regions. In terms of value, North America is expected to create an incremental $ opportunity worth US$ 54.2 Mn in the global KVM Switch market over the forecast period. East Asia, followed by South Asia, is expected to expand at a high CAGR over the forecast period.

By component, the KVM-IP switch segment is estimated to dominate the KVM Switch market with a value of US$ 198.2 Mn in 2018. However, the KVM-secure switch segment followed by KVM high-performance switch segment is estimated to expand at a significant CAGR in the global KVM Switch market over the forecast period.

By switch type, the multi-user KVM segment is expected to hold a dominant value share in the global KVM Switch market. The segment is projected to expand with a high CAGR owing to the increasing demand from the end-use sectors.

By verticals, the telecom & IT sector followed by finance/insurance sector is expected to hold signal value share in the global KVM Switch market. In value terms, the telecom & IT segment is projected to create an incremental $ opportunity worth US$ 98.1 Mn in the global KVM Switch market over the forecast period.

Global KVM Switch Market: Competitive Landscape

Some of the key players involved in the manufacturing of KVM switch, which are included in this study, are Dell Inc., Belkin International, Inc., D-Link Corporation, Aten International Co., Ltd., IOGEAR, Vertiv Co., Hewlett Packard Enterprise, Fujitsu Ltd., Network Technologies Inc., APC (Schneider Electric), Adder Technology, Thinklogical (Belden Inc.) and Tripp Lite.

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Key Questions Answered in the Report

• How is the KVM Switch market expected to grow in terms of value during the study period?
• How has the KVM Switch market evolved over the past four years?
• What are the competition developments and trends in the KVM Switch market?
• What are the prevailing market dynamics in the KVM Switch market?
• What are the key challenges, opportunities, and improvements faced by market players in the global KVM Switch market?
• What are the underlying macro-economic and industry factors impacting the growth of the KVM Switch market?
•  How has the competition evolved in the KVM Switch market over the past few years?
• What is the market positioning and what are the key strategies adopted by major manufacturers as per the market taxonomy in the global KVM Switch market?

The increasing demand for improved network performance and reliability is driving the growth of 5G technology market. Moreover, significant growth in wired and wireless subscriptions as well as the number of internet users is creating potential opportunities for the growth of 5G technology market.

The team of researchers at Future Business Insights are focussing on research and market study to produce different 5G Technology Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the 5G Technology Market.

Future Market Insights (FMI) recently published a report titled ‘5G Technology Market – Global Industry Analysis and Forecast 2018–2028.’ 5G technology will play a crucial role in supporting governments and public organizations in transforming cities into smart cities, and will enable citizens and communities to realize and participate in the socio-economic benefits delivered by an advanced, data-intensive, and digital economy.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are:

Deutsche Telekom AG, Nokia Networks, Telecom Italia, AT&T, Inc., Huawei Technologies Co. Ltd., Orange, S.A., China Mobile Limited, KT Corporation, and Verizon Communications, Inc.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

On the basis of technology

• 5G RAN
• 5G NG Core
• NFVI
• Routing Backhaul
• Optical Backhaul
• Others

On the basis of application

• Virtual & Augmented Reality
• Connected Automotive
• Smart Manufacturing
• Connected Energy
• Wireless eHealth
• Connected Drones
• Smart Cities
• Others

On the basis of vertical

• Manufacturing
• Automotive
• Energy & Utilities
• Transportation & Logistics
• Public Safety
• Healthcare
• Agriculture
• Others

Queries Solved

• What is the size of the overall 5G Technology Market in the Food and Beverage Market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities, and challenges of the 5G Technology Market in the Food and Beverage Market, and how they are expected to impact the market?
• What are the attractive investment opportunities within the 5G Technology Market in the Food and Beverage Market?
• What is the 5G Technology Market in the Food and Beverage Market size at the regional and country-level?
• What are the key market players focusing on?
• What are the strategies for growth adopted by the key players in 5G Technology Market in the Food and Beverage Market?
• What are the recent trends in 5G Technology Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
• What are the challenges to the 5G Technology Market in the growth of the Food and Beverage Market?
• What are the key market trends impacting the growth of the 5G Technology Market in the Food and Beverage Market?

View TOC @ https://www.futuremarketinsights.com/reports/5g-technology-market/table-of-content

Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

The global DC powered servers market report published by ESOMAR-certified Future Market Insights (FMI) estimates a healthy growth trajectory, expecting the market to reach US$ 3.2 Bn by 2030. Demand is largely underpinned by mushrooming developments across the global 5G infrastructure and cloud computing domains respectively.

As the global internet infrastructure witnessed credible gains, prospects abound across the telecom segment, which, according to FMI, is likely to expand at an annual growth rate of nearly 10% by 2021-end. High electricity and power consumption levels across this domain are spurring leading vendors to provide efficiency enhancing DC powered servers, creating a plethora of opportunities across the global market.

Since the onset of the coronavirus pandemic, rising incidences of potential data breaches have compelled organizations to invest in high-quality security platforms. Even prior to the pandemic crisis, instances of data breaches were already rising. Security solutions provider Norton registered a 54% increase in reported breaches in 2019. Hence, government initiatives to curb such instances have heightened growth prospects, with Future Market Insights predicting a valuation of over US$ 200 Mn by 2021-end.

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Key Takeaways

• Global DC powered servers market to expand at a staggering 8.2% value CAGR through 2030
• Rackmount servers to hold leading market share, blade servers acquiring substantial momentum
• By power rating, 48V DC power servers to experience double-digit annual growth
• Data centers to remain primary application area, followed by IT Enterprises, collectively expanding at a Y-o-Y rate exceeding 13% by 2021-end
• India to emerge as a highly lucrative market, expanding at over 16% CAGR through 2030

“Increasing business dynamics is prompting key powered server vendors to offer configuration solutions supporting such extensive workloads, leading to the generation of lucrative revenue pools,” comments the FMI analyst.  

Competitive Landscape

As per FMI’s report, prominent powered server providers include Dell Technologies, IBM Corporation, ABMX Servers, Lenovo, Intel Corporation, Perle Systems, Vertiv, Cepoint Networks LLC, HPE and Island Computers US Corp. These players are focused on strengthening their innovative capacities to dole out sophisticated products by undertaking intense R&D initiatives and capacity expansion programs.

In January 2020, for instance, HPE launched a new Customer Experience Center (CEC) in Bengaluru, India, to offer cutting-edge IoT solutions to customers and partners from various industries, which is expected to act as a catalyst for further powered server market expansion.

Established players, such as ABMX Servers, have diversified their product portfolios tailor-made to suit different server requirements. The company’s offerings include custom servers (1U, 2U, 3U & 4U), storage servers (JBOD expansion, SSD storage, iSCSI SAN & NAS) and supermicro servers (SuperServers, Twin Servers, Blade Servers and Micro-Cloud) respectively.

Also, Perle Systems markets the IOLAN Console Server comprising of 18, 34 or 50 Console Management Ports, modular designs which support RS232 RJ145 and USB 3.0 interfaces, a built-in centralized management software which consolidates network and IT infrastructure in a single application and an optional integration of 4G LTE Cellular, Wi-Fi or V.92 modem for multiple alternate access methods during network downtime.

More Insights on FMI’s DC powered servers Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global DC powered servers market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the DC powered servers market on the basis of type (DC powered rackmount server, DC powered tower server and DC powered blade server), power rating (12 V DC Power, 24V DC Power and 48V DC Power) and application (telecom, data centers, IT enterprises, government, energy & utilities, and others) across six major regions.

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Key questions answered in the report

• What is the outlook on DC powered servers demand?

The global DC powered servers market is poised to expand at a CAGR of 8.2% from 2020 to 2030. Growth is primarily underpinned by deepening penetration of 5G technology infrastructure and cloud computing platforms for ensuring efficacy of business operations, which consume a lot of power

• Which are the prominent DC powered server vendors?

Prominent DC powered servers vendors profiled in FMI’s report are Dell Technologies, IBM Corporation, HPE, Intel Corporation, Lenovo, Vertiv and Perle to name a few

• Which is the most promising DC powered servers market?

India is slated to account for the majority of the DC powered servers demand, owing to a flourishing IT sector. Over the years, Indian IT expenditure has registered an upswing, attributed to the presence of a technologically literate population

• Which is the dominant powered server type?

According to Future Market Insights’ estimates, the DC-powered blade server type is anticipated to garner significant expansion opportunities due to reduced power consumption, easy to clean process and high processing power

Governments are increasingly focusing on strengthening and improving primary healthcare and digital health education. There has been a shift from volume-based to value-based care in past some years, which is expected to prove crucial for the expansion of value-based healthcare services market. According to a study by Future Market Insights (FMI), the market is projected to surpass US$ 2.09 Bn in 2021. Due to the pandemic as well as in general, numerous developed and developing countries have already invested in value-based healthcare services.

Government initiatives are pushing healthcare service providers to rely on value-based care which is further proliferating the need for value-based healthcare services. For many countries, value-based care is at the forefront of future medical regulations and treatments. For instance, the U.S. government is implementing value-based care model across the country to treat the overall health of a patient rather than only reacting to symptoms of the disease.

Proliferation of value-based healthcare services will be strongly related with its cloud-based deployment. As per FMI, the cloud-based deployment segment is expected to account for around 61% of global market and is anticipated to remain dominant throughout the forecast period.

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Key Takeaways of Value-Based Healthcare Services Market Study

• FMI has predicted the global value-based healthcare services market to rise at a CAGR of ~21% between 2021 and 2031
• Backed by presence of highly advanced healthcare infrastructure, the U.S. is expected to account for 64% of sales in North America
• Rising aging population will enable the U.K. exhibit 24.4% y-o-y growth in 2021
• The demand for advanced healthcare services will boost growth opportunities in France and Germany
• Government initiatives aimed at improving patient care will fuel demand in China, Japan, and South Korea

“Aligning the incentives between payers and providers has proven beneficial to ensure best quality and cost-efficient outcomes. When correctly done in-home medical care, telehealth can help in medical loss ratio reduction, utilization reduction, risk adjustment factor increase and others. Such factors are boosting the adoption of value-based healthcare services,” says an FMI analyst.

COVID-19 Pandemic Impact Analysis

Health concerns are increasing around the world and causing significant business impact due to the on-going COVID-19 pandemic —particularly when it comes to delivering healthcare services. Amid the COVID-19 outbreak, the demand for value based healthcare services has decreased in 2020. In response to the COVID-19 pandemic, cloud service providers are taking special measures to meet the customer demand for cloud usage, due to sudden shift to a remote-first workforce.

According to estimates, almost 70% CIOs agree “cloud services” would become a priority in 2020, and they expect to reduce on-premises workloads to 35% in 2021, as compared to almost 60% in 2019. With this trend to continue, pubic cloud services market revenue is estimated to increase by 1.6X during 2019-2021. Thus the value-based healthcare services market is anticipated to gain back its momentum by second half of 2021.

Assembled Deployment of Solutions to Enhance Market Attractiveness

Significant growth in the wearable devices market is expected to lead to greater opportunities for the integration of IoT in the healthcare sector to develop smarter solutions for patient monitoring and diagnostic purposes. The integration of other connectivity platforms such as Bluetooth, RFID, ZigBee, and HomeRF to connect IoT in healthcare to network infrastructure in households and workplaces.

This way, more IoT sensors in healthcare can be added to the system and remote access distance can be increased. A well-managed IoT services and solutions provider can focus holistically on a healthcare institution and deduce a suitable end-to-end approach. This approach can include device management, connectivity, network management, deployment, and logistics processes for the provider and present lucrative growth opportunities.

Who is winning?

Some of the leading players operating in the market are Deloitte, Siemens Healthcare GmbH, NextStep Solutions, McKesson Corporation, NextGen Healthcare, Genpact Limited, Athena Healthcare, Boston Consulting Group and others.

More Valuable Insights on Value-Based Healthcare Services Market

In its latest report, Future Market Insights offers an unbiased analysis of the global value-based healthcare services market, providing historical data for period of 2016-2020 and forecast statistics for the period of 2021-2031. To understand opportunities in the value-based healthcare services market, the market is segmented on the basis of model (Accountable care organization (ACO), Patient-centered medical home (PCMH), Pay for performance (P4P), Bundled payments), deployment (cloud, on-premise), end-user (hospitals, clinics, insurance companies, government, others) across six major regions.

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Key questions answered in the report

• How will value-based healthcare services market expand until 2031?

FMI projects the global value-based healthcare services market to register a CAGR of 20.9% across the 2021-2031 assessment period. Cloud segment is expected to offer the highest incremental opportunity in terms of deployment during the forecast period.

• What are the key challenges for value-based healthcare services market?

Ensuring reliable data in value-based healthcare services is a new challenge for administering medicare payment systems. Thus the integrity of information is most likely the biggest challenge providers face.

• Who are the leading players in value-based healthcare services market?

Prominent players operating in the global value-based healthcare services landscape include Siemens Healthcare GmbH, NextStep Solutions, McKesson Corporation, NextGen Healthcare, Genpact Limited, Boston Consulting Group among others.

• What are the key trends impacting value-based healthcare services market?

Cost transparency is one of the major trend, which will meliorate the value-based healthcare services market. As patient explore options and choose the best-suited health system in their care process through cost transparency.

• Which region is expected to be at forefront in the value-based healthcare services market?

North America is expected to remain dominant in the global value-based healthcare services market, however Europe is anticipated to grow at a significant rate over the forecast period.

The rising demand for powerful, flexible, fast, lightweight, and highly-rated charging solutions to support power backup in smartphones & tablets, laptops & notebooks, autonomous robots, and other devices is supporting growth of GaN-powered chargers market. According to a report by Future Market Insights (FMI), the global GaN-powered chargers market is expected to surpass US$ 694.4 Mn in valuation in 2021.

 

Gallium nitride (GaN) is a high-performance alternative to the traditional silicon used in charging devices. The gallium nitride compound can minimize power loss and achieve high switching frequency with the help of characteristics such as miniaturization, high breakdown voltage because of wide band gap, and low conduction resistance.

Smartphones will remain key application for the market. It is expected to account for nearly 35% of GaN-powered chargers sold through 2021-22.

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Key Takeaways of GaN-powered Chargers Market Study

• GaN-powered chargers market’s Y-o-Y growth rate is expected to improve by nearly 2% in comparison to 2020
• The U.S. will account for dominant 85% of sales recorded in North America in 2021
• The U.K. is expected to register solid y-o-y growth at over 13% in 2021
• Germany, France, Russia, and Spain will be among other lucrative markets within Europe
• While China is expected to remain dominant in East Asia, Japan will register growth at a higher rate within the market

“Key players are focusing on introduction of new solutions/products such as GaN technology and Next-Gen GaN-powered chargers for improving charging speed & system efficiency. This is expected to create lucrative prospects for growth in the coming years,” said an FMI analyst.

Disruptions Caused Due to COVID-19 Resulted in Declining Growth

The global shipments of GaN-powered chargers by power output such as 25W GaN chargers, 30W GaN chargers, 45W GaN chargers, 60W GaN chargers, and others declined in the first half of 2020 owing to supply chain disruptions caused by the COVID-19 outbreak. According to FMI, the market registered declining growth of a -1.5% as compared to the original forecast in 2019.

Increasing Value of Gallium Nitride Technology Boost Growth

Consumption of GaN-powered chargers is increasing in the consumer electronics sector Gallium nitride technology offers various benefits such as higher switching frequency, enables faster wireless power transfer, and lower system cost. These benefits are primary factors driving GaN-powered chargers market. Silicon has its physical limitation and is therefore considered less efficient in delivering the required results.

GaN has therefore emerged as a preferred technology among telecommunication vendors since it is aiding in improving efficiency of various electronic devices. This is expected to support the GaN-powered chargers market growth.

Who is Winning?

Companies operating in the market have been focusing on offering innovations to gain competitive edge. Some of them are even conducting rigorous performance, reliability, and technology checks to review the safety and efficiency of these chargers.

Some of the leading market players are Xiaomi Corporation, Koninklijke Philips N.V., Belkin International, Inc., GaN Systems Inc., RAVPower, Baseus, and among others.

More Valuable Insights on GaN-powered Chargers Market

A new market research report published by Future Market Insights (FMI) on the global GaN-powered chargers market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides valuable insights on the basis of power output (25W GaN chargers, 30W GaN chargers, 45W GaN chargers, 60W GaN chargers, 65W GaN chargers, 90W GaN chargers, 100W GaN chargers, and others), application (smartphones & tablets, laptops & notebooks, autonomous robots, industrial equipment, wireless charging, and others), and others across six major regions.

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Key Questions Answered in the Report

• What are the major trends impacting the GaN-powered chargers market growth?

The rising demand for fast charging speed is one of the key factors driving the GaN-powered chargers market. The advent of cost-effective GaN-powered chargers and introduction of a multitude of chnological advancements are expected to create lucrative sales opportunities in the near future.

• What are the major challenges restricting GaN-powered chargers market?

The lack of standardization and high manufacturing cost are hampering the market growth. Also, quality concerns regarding packaging of high temperature electronics might hinder growth of the market to an extent.

• Who are some of the leading manufacturers of GaN-powered Chargers Manufacturer?

Some of the leading companies manufacturing and providing GaN-powered chargers are Belkin International, Inc., Xiaomi Corporation, Koninklijke Philips N.V., GaN Systems Inc., RAVPower, Baseus, Anker, and others.

• Which is the leading GaN-powered Chargers market?

GaN-powered chargers manufacturers are focusing on expanding their presence in South Asia and Pacific. Governments within this region have been taking initiative to adopt efficient power technologies to improve the performance of electronic devices. Coupled with this, increasing smartphone adoption will drive sales within the region.

Growing focus on seamless and secure marine communication systems will propel innovation in the ensuing decade 2021-2031, with sales set to post strong gains in 2021, according to a latest study by Future Market Insights (FMI). The study tracks marine communication growth in high-growth markets, analyzing lucrative segments and strategies of key players.

The global marine communication market is estimated to register a CAGR of 7.8% during the forecast period of 2021-2031.

Key Takeaways

• Maritime sat phone & internet devices segment is estimated to register a CAGR of 10.9% during the forecast period
• Merchant ships segment will remain lucrative with a market share of 40.4% followed by fishing boats/vessels segment.
• The rise in popularity of recreational boating is expected to increase the adoption of marine communication systems.
• South Asia & Pacific marine communication market is set to register high CAGR, owing to the increasing demand of maritime digital data services in the region.

“With the advancement in digital data services, marine communication service vendors need to make numerous updates into their pre-existing communication technologies, in order to upgrade the industry and ensure maximum productivity” says FMI Analyst.

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COVID-19 Impact Analysis

The effects of the coronavirus Covid-19 outbreak will extend well beyond health and the threat to human lives. There are already signs that the virus will significantly impact international trade and the shipping industry.

The epidemic has caused the shipping and maritime industry to face the worst circumstances as the workforce in these sectors has been shut down for the safety and prevention of the escalation of COVID-19. The market disruptions due to the coronavirus pandemic has resulted in 5%-7% Year on Year (YoY) decrease in annual maritime communication equipment’s in 2020.

However, amid the pandemic, various governments globally has continued to focus on developing and innovating marine communication technologies by launching advanced marine communication satellites for faster and reliable data transfer between shores and ships. For instance, on September 2020, China has launched its 3rd maritime satellite into space to carry out high-precision maritime environment monitoring. Thus, the continued innovation in maritime communication technologies has resulted in significant growth in the market.

Increasing Demand for VHF-based Data Exchange System

The VHF-based Data Exchange System (VDES) provides a robust and globally standard communication system for e-navigation. It supports the safety and efficiency of ship and shore operations. The reduced cost of deployment and improved communication is creating demand in various countries around the globe.

Moreover, marine electronic vendors are also focusing on offering cost-effective satellite-based communication. For instance, EGNOS, a European satellite-based augmentation service (SBAS), provides correction to GPS signals to increase the accuracy of position information. Thus, the demand for satellite-based communication system is driving the demand, and is fuelling the global marine communication market.

More Valuable Insights on Marine Communication Market

FMI’s report on the marine communication market is segmented into four major sections such as product (marine radio devices (fixed-mount VHF marine radios, handheld marine VHF radios, MF/HF radios), Marine Multifunction Displays (MFDs), Automatic Identification Systems (AIS) (AIS transponders, AIS receivers), Vessel Monitoring System (VMS) Terminals, Marine Radars, VHF Data Exchange System (VDES), maritime sat phone & internet devices, others) services (consulting services, integration & installation services, and after-sales support & maintenance services), application (fishing boats/vessels, merchant ships, recreational vessels, working vessels, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the marine communication market.

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Key questions answered in the report

• How will Marine Communication market expand until 2031?

FMI projects the global marine communication market to register a CAGR worth 7.8% across the 2021-2031 assessment period. Increasing demand for high-quality communication in maritime industry is expected to drive the growth in a positive direction.

• Which is the most lucrative market for marine communication?

US is the most lucrative region in the global marine communication market and the trend is likely to continue until the near future. This region is growing due to continuous developments in satellite-based communication systems and increased demand for enriched content from seafarers, crew and passengers in this region.

• Who are the leading players in marine communication market?

Prominent players operating in the global marine communication landscape include Icom Inc, Inmarsat, Furuno Electric Co., Ltd., Garmin Ltd., and among others