Strong Growth Predicted for Circuit Materials Industry Poised to Reach US$ 58.0 Billion by 2033 with a CAGR of 4.2%

The global circuit materials industry reached  US$ 36.7 billion in 2022. Demand for superconductors is estimated to surpass US$ 38.6 billion in 2023. During the forecast period, sales are poised to register a 4.2% CAGR. Revenue is anticipated to cross around US$ 58.0 billion by 2033.

The shift towards electric vehicles requires advanced electronic systems, including power electronics and battery management systems. This increases the need for specialized circuit materials with high thermal conductivity and better power-handling capabilities.

The development of autonomous vehicles relies heavily on sensors, cameras, LiDAR, and advanced driver-assistance systems (ADAS). All of these systems require intricate circuitry, pushing the demand for advanced circuit materials.

Modern vehicles feature sophisticated infotainment systems, connectivity options, and communication technologies. These systems demand high-performance circuit materials to ensure efficient signal transmission and processing.

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Recent years have seen an increasing emphasis on safety systems such as collision avoidance, emergency braking, and airbag deployment. This mechanism involves complex electronic components, driving the need for reliable circuit materials that can withstand harsh conditions.

Automotive manufacturers are focusing on making vehicles lighter to improve fuel efficiency. This requires the use of materials like composites and advanced circuit materials that are both lightweight and durable. As environmental concerns grow, there’s a push for more energy-efficient vehicles. This trend requires circuit materials that can handle higher power densities while maintaining efficiency and minimizing energy loss.

The automotive sector has led the way in the adoption of advanced manufacturing techniques such as additive manufacturing and flexible electronics. It is expected to drive the demand for specialized circuit materials tailored to these processes. This demands circuit materials capable of supporting high-frequency signals without significant signal degradation.

The automotive sector often adopts emerging technologies such as 5G connectivity, advanced sensors, and augmented reality displays. These technologies require innovative circuit materials that can meet their specific requirements.

Circuit materials being developed for vehicles would need to be robust enough to withstand the harsh conditions of automotive environments. Multiple Input Multiple Output (MIMO) technology, a key part of 5G, requires advanced circuit materials for the deployment of large numbers of antennas on a single device.

5G is enabling new applications such as augmented reality (AR), virtual reality (VR), and remote surgery. Circuit materials need to be created that can support the requirements of these emerging technologies.

Key Takeaways from Circuit Materials Market Report:

  • The global market is expected to reach a market valuation of US$ 58.0 billion by 2033.
  • Sales of circuit materials are expanding at a CAGR of 4.2%over the forecast period.
  • The United States is projected to have a valuation of US$ 9.9 billion by 2033.
  • China is projected to reach a market valuation of US$ 10.9 billion by 2033.
  • By substrate, the fiberglass epoxy segment is estimated to have a value CAGR of 4.0% from 2023 to 2033.

“Deployment of 5G technology is likely to drive demand for circuit material during the forecast period. Key companies focus on continuous innovation to develop new materials with improved performance.” – says a lead analyst at Future Market Insights (FMI)

Competitive Landscape:

Key companies are offering a diverse range of circuit materials catering to different applications. It helps manufacturers capture a broader market share from consumer electronics to automotive and aerospace. They are also forming partnerships with the leading companies to increase their market presence.

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A Few Companies Present in the Circuit Materials Market:

  • Arlon EMD is a producer of specialty prepreg and high-performance laminate materials used in demanding and different fields for printed circuit board applications.
  • Dow is a pioneer in materials research and is dedicated to providing clients with cutting-edge and environmentally friendly solutions for packaging, infrastructure, and consumer care.

Key Companies Profiled     

  • Arlon Electronic Materials Division
  • Chang Chun Group
  • D. Enterprises, Doosan Corporation Electro-Materials
  • Dow, Inc.

Circuit Materials Market Outlook by Category

By Substrate:

  • Fiberglass Epoxy
  • Paper-Phenolic
  • CEM
  • Polyimide
  • Other

By Conducting Material:

  • Copper
  • Other

By Outer Layer:

  • Liquid Ink Photoimageable Solder Mask
  • Dry Film Photoimageable
  • Other

By Application:

  • Communication
  • Industrial Electronics
  • Automotive
  • Aerospace & Defense
  • Other

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Water Gel Market Projections: Expected CAGR of 6.9%, Culminating in a Valuation of US$ 56.5 Billion by 2033

Water Gel Market
Water Gel Market

The water gel market is expected to reach a valuation of US$ 29 billion by 2023 and is projected to demonstrate a compound annual growth rate (CAGR) of 6.9% from 2023 to 2033. By 2033, it is anticipated to expand to US$ 56.5 billion. Consumers are increasingly prioritizing hydration for both internal health and a radiant complexion. Studies even show that over half of American women believe hydration significantly impacts their appearance.

Why Water Gels?

Here’s what makes water gels so popular:

  • Perfect for Oily Skin: Water-based formulas offer lightweight hydration ideal for oily skin types.
  • Long-lasting Moisture: Water gel hydrators, like Clinique’s 72-hour lotion, promote the skin’s natural hyaluronic acid production, keeping it plump and wrinkle-free.
  • Clean and Gentle: Unlike traditional moisturizers, water gels typically omit harsh surfactants, making them gentler on the skin.
  • Vitamin Power: Many water gels are infused with vitamins and extracts for added benefits.

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Innovation is Key

Manufacturers are constantly refining water gel formulas to meet consumer demands:

  • Enhanced Performance: New gel compositions aim for superior pigment and filler hold, a smooth feel, cooling comfort, and long-lasting wearability.
  • Lightweight Luxury: Popular options like Neutrogena’s Hydro Boost Water Gel deliver deep hydration without a heavy or greasy feel.

North America Leads the Charge

North America remains a dominant force in the water gel market, driven by extensive marketing and readily available personal care products through online and retail channels. The region also boasts many leading water gel manufacturers.

The Future of Hydration

With its focus on lightweight hydration and clean ingredients, the water gel market is poised for continued growth. As consumers prioritize healthy skin and innovative products, water gels are likely to remain a staple in skincare routines for years to come.

Water Gel Market – Key Drivers and Developments

Water gel based products are exceptional options for individuals as they weigh less when compared with a rich moisturizer. The skin quickly soaks up the product, making them a good base. They are particularly helpful for individuals with oily or acne-prone skin, as they don’t add oil to the skin’s already-oily surface, thus making them most effective for all skin types.

The product compositions are free of surfactant materials that are conventionally added in lotion compositions and cosmetic cream to emulsify a water-insoluble oily phase. Moreover, several Vitamins and derivatives are added to the composition which is inflating the market scope.

Manufacturers are focusing on gel compositions with remarkable pigment and/or filler dispersibility and stability, having a good appearance, offering a sense of coolness and refreshment without stickiness, and with exceptional applicability and fitness to the skin when compared to conventional gel compositions.

For instance, Neutrogena’s Hydro Boost Water Gel, a favorite among consumers and rated over 1400 stars reviews on Amazon, the alcohol-free moisturizer is prepared with hyaluronic acid to draw moisture to the skin without feeling heavy or sticky.

Consumers’ preference towards eco-friendly products has further the market demand for water gels. A group of researchers from Japan has made an α-gel with a compound matching a key component of the moisture-holding layer on the skin. The α-gel makes possible effective skincare and eco-friendly products with low energy costs.

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Water Gel Market – Growth Restraints

Thin and lightweight, water gel based products provide enough hydration for most skin types, however, for dry skin or with a skin condition such as eczema, it might not moisturize as well as a cream. This can hamper the water gel market growth. Furthermore, the high cost of water gel based products can impede market growth over the years to come.

Water Gel Market – Region-wise Analysis

Europe is expected to witness rapid growth due to the presence of large market players focusing on product development, market research, and regulatory compliance respectively. According to a report, the region has more than 77 scientific innovation facilities that research concerning cosmetics and personal care.

The Asian region has shown impressive growth over recent years in the production and consumption of water gel products due to the existence of several potential markets such as Japan, India, South Korea, and China are fuelling the need for personal care products.

Recent researches suggested that the region captures over 40% of global beauty and personal care launches with the hydrating claim.

Water Gel Market – Competitive Analysis

Some of the major market players operating in the global water gel market include Neutrogena (Johnson & Johnson), Olay (Procter & Gamble), The Estée Lauder Companies Inc., CeraVe, Lancôme, and Clarins.

The overall competition is anticipated to remain high during the forecast period owing to the increasing demand for eco-friendly products. Several manufacturers are focusing on research and development, merger and acquisitions, and market expansion to strengthen their competitive strength.

The Estée Lauder Companies Inc. took over the Seoul based Have & Be Co. Ltd., the worldwide skincare company behind Dr. Jart+ and men’s grooming brand Do The Right Thing. The acquisition will help the former to boost its market presence in the South Korea region.

Lancôme opens the new Champs-Élysées flagship store offering all of its products with production personalization included in the shopping experience. Moreover, the brand has scheduled the opening of another flagship store in Beijing, China, in 2020.

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Water Gel Market – Segment Analysis

The global water gel market is categorized on the basis of following:

By Components

  • Water- Soluble Humectant
  • Hydrophilic Gelling Agent
  • Silicon Component
  • Water-oil repellent Agents

By Distribution Channels

  • On-line Platforms
  • Speciality Stores
  • Supermarket & Hyper Market
  • Others

By Region

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

About Future Market Insights (FMI)

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

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Polymer Bearings Industry on the Rise: Projected Valuation of US$ 25.7 Billion by 2033

The global polymer bearings industry recorded sales of US$ 10.3 billion in 2022. The market is poised to hold a revenue of US$ 11.3 billion in 2023. In the assessment period 2023 to 2033, revenue is set to propel at 8.6% CAGR. It is expected to result in a sum of US$ 25.7 billion by the end of 2033.

The global polymer bearings industry is set to experience growth due to several key factors during the forecast period. These factors include advancements in technology, and fincreasing demand or corrosion free, lightweight and maintenance-free vehicles.

Advancements in technology have led to introduction of new materials that offer improved wear resistance, self-lubricating properties, and friction reduction. These properties will likely lead to improved performance and increase the operational life of bearings. Advanced polymers can withstand harsh situations where conventional bearings would not work since they are highly resistant to corrosion and chemicals.

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In several applications, including in the aerospace and automotive sectors, polymer bearings are lighter than their metal equivalents, helping save weight. Polymer materials also absorb vibrations and minimize noise in machinery and equipment, improving the overall user experience.

Self-lubricating polymers eliminate the requirement for outside lubrication, which lowers maintenance costs and simplifies design. Polymer bearings are more readily tailored, allowing for more complicated forms and designs that improve performance for specific applications.

Polymer bearings are frequently utilized in sectors such as food and pharmaceuticals due to their FDA-compliant, non-toxic, and sanitary qualities. Polymer bearings are becoming more popular as a result of growing environmental concerns, as they are recyclable and need less energy-intensive production procedures.

Polymer bearings are significantly lighter than traditional metal bearings, helping automakers achieve weight reduction in vehicles. It improves fuel efficiency and reduces emissions. These bearings also have self-lubricating properties. This reduces the need for frequent maintenance, thereby lowering maintenance costs for vehicle owners.

Polymer bearings dampen noise and vibrations better than metal bearings, leading to a smoother and quieter driving experience. Polymer bearings are highly resistant to corrosion and can withstand harsh environments, extending their lifespan and reliability in vehicles. The versatility of polymer materials allows for innovative designs and integration into several vehicle components, enhancing overall performance and functionality.

Increasing environmental regulations push automakers to produce eco-friendly vehicles, and polymer bearings. It aligns with these goals due to their energy efficiency and recyclable properties. As the EV market expands, the demand for lightweight components such as polymer bearings grows, contributing to extended battery range and overall efficiency.

While polymer bearings might have a higher upfront cost, their long-term durability and reduced maintenance expenses can result in cost savings over the vehicle’s lifespan. As the automotive sector continues to propel globally. The demand for lightweight and maintenance-free solutions such as polymer bearings is expected to rise. The need to retrofit existing vehicles with more efficient components creates a demand for polymer bearings in the aftermarket segment.

Key Takeaways from the Report:

  • During the historical period between 2018 and 2022, sales of polymer bearings had escalated at 1% CAGR.
  • By material, the phenolics segment is set to witness at 5% CAGR over the forecast period from 2023 to 2033.
  • Based on end-use, the automobile division is projected to register at 4% CAGR between 2023 and 2033.
  • The United States is estimated to account for a significant valuation of US$ 4.8 billion by 2033.
  • China is set to register a sum of US$ 5.6 billion in 2033 in the global polymer bearings market.

“Surging demand for maintenance free vehicle will drive demand for polymer bearings market through 2033 and beyond. Key manufacturers are investing in research and development to introduce innovative polymer bearing materials and designs.”- says a lead Future Market Insights (FMI) analyst.

Who is winning?

Key manufacturers were forming strategic alliances with other companies, research institutions, or suppliers to leverage each other’s expertise and resources. They are also focusing on offering customized solutions to meet specific customer requirements. It allows them to serve a diverse range of industries.

Key Companies Profiled

  • BNL Ltd.
  • Boston Gear LLC
  • Dotmar Engineering Plastic Products
  • Igus Inc.
  • Kashima Bearings, Inc.

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For instance,

  • In September 2021, the first 100% bioplastic*1 resistant to heat cage for cylindrical bearings has been developed, according to NSK Ltd.
  • In April 2019, an advanced range of conventional and custom-engineered composites standard bearings (bushings) called PolyLube® is now available from Polygon Company.

Find More Valuable Insights into Polymer Bearings Market Report

The research report analyzes the demand for polymer bearings market. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply-side and demand factors.

Polymer Bearings Market Outlook by Category

By Material:

  • Phenolics
  • Acetal
  • Nylon
  • Teflon
  • UHMWPE
  • Others

By End-Use:

  • Automobile
  • Textile
  • Packaging
  • Medical & Pharmaceuticals
  • Others

By Region:

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

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Network Telemetry Market Hits US$ 1.5 Billion by 2032, Growing at 15.2% CAGR

The network telemetry market is anticipated to grow at a CAGR of 15.2% from USD 368.7 million in 2022 to US$ 1.5 Billion by 2032. The need to quickly address downtime issues and an increase in network attacks and security breaches are expected to drive the market for network telemetry to expand.

Over the next five years, it is anticipated that the need to manage vast amounts of network performance data and the emergence of new technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and Software-defined Networking (SDN) will present network telemetry vendors with numerous market opportunities.

As a result of developing technologies like Software Defined Networking (SDN) and Network Function Virtualization (NFV), the market for network telemetry is expanding quickly. For these new technologies, network telemetry offers a precise and timely study of the data transmission parameters.

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The expansion of the network telemetry market has also been aided by the increasing strain on networking infrastructure brought on by work-from-home rules in response to the COVID-19 epidemic. For instance, with the implementation of worldwide quarantine measures in March 2020, Cloudflare recorded an increase in stress of over 25% on global fixed and wireless networks.

The rise of network telemetry applications is one significant development that has boosted expectations among rivals in the network telemetry market. To stay relevant and visible in the competition, this is why many businesses are eager to release new products.

As new applications materialize, it is projected that the network telemetry market will experience rising product demand. Businesses have spent money on recruiting personnel that will enable them to create high-quality, demand-specific products. The challenge is meeting demand in advance by manufacturing things earlier than planned.

If businesses reach the goal, they may maintain an advantage over their rivals. Businesses are continually searching for patterns that could help determine future consumer demand.

The need for a global network telemetry market is unnecessary if the use of digital devices is modest. Global network telemetry market items are increasingly likely to be used as the prevalence of digital devices increases. This significant trend has the potential to increase the market for network telemetry sales.

Key Takeaways from the Network Telemetry Market Report:

  • In the component sector, the solution from the network telemetry market is anticipated to flourish at the quickest CAGR of 14.6% through 2032.
  • With a CAGR of 15%, service providers are predicted to grow significantly in the end-user sector of the network telemetry market.
  • The market size for the network telemetry market in the United States is expected to reach US$ 525.3 Million by 2032, growing at a CAGR of 15% during the forecast period.
  • United Kingdom is anticipated to reach a market size of US$ 70.9 Million in Network telemetry by 2032, with a CAGR of 14.3% during the forecast period.
  • China’s Network telemetry market is anticipated to be worth US$ 87 Million by 2032, with a CAGR of 14.7% over the forecast period.
  • Japan is expected to have a market size for Network telemetry of US$ 80.6 Million by 2032, with a CAGR of 14.2% during the forecast period.
  • By 2032, South Korea is expected to reach a market size of US$ 52.9 Million in network telemetry, with a CAGR of 13.7% during the forecast period.

Competitive Landscape:

Cisco Systems (US), Juniper Networks (US), Arista Networks (US), Mellanox Technologies (US), Pluribus Networks (US), Barefoot Networks (US), Solarflare Communications (US), and VOLANSYS Technologies are among the companies represented in the network telemetry market.

Cisco is one of the market leaders in the network telemetry market. Cisco’s Approach-Driven Telemetry in network telemetry allows data to stream constantly using a push model, allowing real-time access to operational analytics.

Model-driven telemetry may ensure that large amounts of data are genuinely accessible by modeling the data with YANG.

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Recent Development: 

  • Arista Networks announced the introduction of CloudVision 2019, its management software, in September 2019. It allows for monitoring, automation, and management. Furthermore, it assists enterprises in lowering operating expenses, increasing network agility, and reducing hazards.
  • Juniper Networks teamed with Telefonica, UK, in October 2019 to construct the Fusion Network, a secure and automated cloud-enabled network architecture. According to the agreement, Juniper Networks is Telefonica’s network Internet Protocol (IP) strategic partner.
  • Mellanox Technologies teamed with VMware in August 2019 to deliver its Remote Direct Memory Access (RDMA) networking solutions to VMware to enable its virtualized Machine Learning (ML) solutions to boost GPU efficiency and usage.
  • Pluribus Networks collaborated with Vapor IO in May 2019 to implement Netvisor ONE OS 5.0 and Adaptive Cloud Fabric at numerous Vapor IO Kinetic Edge locations in Chicago, US. According to the terms of the agreement, Vapor IO is expected to seamlessly connect its many edge data center sites with complete telemetry, sophisticated network services, and deep slicing across multiple data centers regardless of their geographic locations.
  • Tofino 2, the second iteration of Barefoot Networks’ P4-programmable Tofino Ethernet switch of the Application-Specific Integrated Circuit (ASIC) family, was released in December 2018. Tofino 2 is compatible with Barefoot SPRINT and Barefoot Networks’ upgraded version of the industry-standard In-band Network Telemetry (INT), which provides fine-grained and intelligent real-time visibility of network traffic per packet.

Network Telemetry Market Segmentation:

By Components:

  •  Service
  • Solutions

By End Use:

  • Verticals
  • Service Providers

By Organizational Size:

  • Small & Medium Sized Enterprise
  • Large Enterprise

By Region:

  • North America
  • Latin America
  • Europe
  • APAC
  • Middle East & Africa

About Future Market Insights (FMI):

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Network Probe Market Grows 12.5% CAGR, Aiming for US$ 1.9 Billion by 2032

The network probe market is predicted to increase at a CAGR of 12.5% during the forecast period, from US$ 571.6 Million in 2022 to US$ 1.9 Billion by 2032.

The growing use of cloud and IoT and the increasing need for continuous network probes due to network complexity and security concerns are the primary drivers driving the network probe market’s development.

To some extent, network probes market expansion is projected to be hampered by a lack of technological granularity. Nonetheless, increased demand for network monitoring tools among SMEs is projected to give network probes market participants with lucrative development prospects.

The COVID-19 pandemic outbreak has had a favorable influence on network probes market growth. Network probes enable enterprises to monitor network traffic in real time, reducing the need for wasteful office trips.

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Furthermore, the pandemic has affected the way organizations function, with an increase in the use of work-from-home options. As a result, the usage of network probes to assist enterprises in improving network performance and security concerns is increasing.

During the projection period, the United States led the network probe market. The United States is a critical network probe market for the adoption of innovative technology. The country’s strong financial situation allows it to invest extensively in the adoption of cutting-edge tools and technology to ensure corporate operations.

The network probe market in Asia Pacific is expected to rise rapidly over the forecast period, owing to increased investment by key network probe market players in providing solutions across geographies.

Key Takeaways from the Network Probe Market Report:

  • In the component sector, solution from the network probe market is anticipated to flourish at the quickest CAGR of 11.6%.
  • With a CAGR of 10.9%, the cloud is predicted to grow significantly in the deployment sector of the Network probe market.
  • The size of the network probe market in the United States is expected to reach US$ 597.8 Million by 2032, growing at a CAGR of 11.9% during the forecast period.
  • The United Kingdom is expected to reach a market size of US$ 82.3 Million in Network probes by 2032, with a CAGR of 11.2% during the forecast period.
  • China’s Network probe market is expected to be worth US$ 132.4 Million by 2032, with a CAGR of 11.7% over the forecast period.
  • Japan is expected to have a market size for Network probes of US$ 110.8 Million by 2032, with a CAGR of 11.2% during the forecast period.
  • By 2032, South Korea is expected to reach a market size of US$ 69.9 Million in Network probes, with a CAGR of 10.7% during the forecast period.

Competitive Landscape:
NETSCOUT is a network probe market leader in business assurance, a potent mix of cybersecurity, business intelligence, and service assurance solutions.

Broadcom, Inc. is a technology firm that creates, produces, and sells infrastructure software and semiconductor solutions. The company distributes its application across several clouds and on-premises while dealing with the problems of dealing with a complicated maze of networks composed of linked multi-protocol endpoints.

Leading Key Players:
SolarWinds Worldwide, LLC, International Business Machines Corporation, Cisco Systems, Inc., Nokia Corporation, NEC Corporation, AppNeta, Catchpoint, Accedian, Paessie AG, ExtraHop Networks, Flowmon Networks A.S., Cubro Network Visibility, and Micro Focus are other key players in the global network probe market.

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Recent Developments:

  • SolarWinds announced a partnership with DNSFilter in April 2021 to assist MSPs in defending consumers from internet security risks using sophisticated DNS technology. DNSFilter plans to connect its cloud-based security solution with N-Central to deliver threat prevention and content filtering to MSPs.
  • Broadcom established a relationship with Google in April 2021 to accelerate innovation and increase cloud services integration. Broadcom may be able to deliver its suites on Google Cloud Platform as a result of the collaboration.
  • Nokia teamed with Tele2 in January 2021 to advance its digitalization using distributed cloud core. Nokia would deliver NetAct Network Management System as part of the agreement to enhance protect, automate, and expand network management operations.
  • IBM announced a new relationship with AWS in December 2021 to help clients simplify and enhance their security visibility across AWS and hybrid cloud deployments. Integrating IBM’s security solutions with AWS’ security service would provide more visibility and insight into the most significant concerns across AWS environments.
  • NETSCOUT announced the continuation of its long-term relationship with Vodafone in December 2020, to give real-time, end-to-end visibility throughout Vodafone’s hybrid environment. The InfiniStreamNG platform from NETSCOUT assists Vodafone in intelligently and effectively analyzing packet and flow data for a unified view and control of its services, networks, and applications.

Network Probe Market Segmentation:

By Component:

  • Solution
  • Services
    • Consulting
    • Integration and deployment
    • Training and support

By Organization Size:

  • SMEs
  • Large Enterprises

By Deployment Mode:

  • On-premises
  • Cloud

By End Users:

  • Service Providers
  • Enterprises
    • BFSI
    • IT and ITeS
    • Government
    • Others

By Region:

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

About Future Market Insights (FMI):

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Mobile TV Market Targets US$ 30 Billion, Envisions 8% CAGR by 2032

The mobile TV market registered an 8% CAGR during the forecast period (2022-2032), to reach US$ 30 Billion by the end of 2032. Due to the increasing availability of high-speed data services such as 3G, 4G, and 5G, the mobile TV market is expected to rise steadily throughout the forecast period.

The increasing use of smart devices such as mobile phones and tablets, as well as expanding internet consumption, is the primary driver driving mobile TV market growth. In addition, there has been a surge in demand for premium sports, movies, and entertainment content via video-on-demand (VoD) services, which is also contributing to the growth of the mobile TV market.

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The increased production of TV-enabled mobile handsets has also increased the adoption of free-to-air services in developing countries. 5G broadcasts provide consumers with fast data speeds and media consumption capabilities, enhancing the whole mobile TV experience. As a result, the development of 5G broadcast services is a factor contributing to mobile TV market growth.

Other reasons such as increased disposable income and consumer spending on leisure and entertainment activities, as well as easy access and inexpensive installation costs, are expected to propel the mobile TV market even further.

The pay TV service sector accounted for more than half of the mobile TV market in Asia Pacific, and its share is likely to grow throughout the forecast period. Due to the expanding number of TV-enabled mobile devices, people in Asia Pacific are increasingly adopting free-to-air services.

The increased investment in LTE networks, as well as the expanding economic power of emerging nations, is likely to be the primary driver of mobile TV market adoption across Latin America the Middle East, and Africa.

Key Takeaways from the Mobile TV Market Report:

  • In the service type sector, pay TV from the mobile TV market is anticipated to flourish at the quickest CAGR of 8.3% through 2032.
  • The market size for mobile TV in the United States is expected to reach US$ 1.8 Billion by 2032, growing at a CAGR of 6.9% during the predicted period.
  • Germany is expected to reach a market size of US$ 1.5 Billion in mobile TV by 2032, with a CAGR of 6.2% during the forecast period.
  • China’s mobile TV market is expected to be worth US$ 5.5 Billion by 2032, with a CAGR of 9.2% over the forecast period.
  • Brazil is expected to have a market size for mobile TV of US$ 582.2 Million by 2032, with a CAGR of 8.6% during the forecast period.
  • By 2032, India is expected to reach a market size of US$ 4.6 Billion in mobile TV, with a CAGR of 9.2% during the forecast period.

Leading Key Players:
AT&T, Inc., Comcast Corporation, MobiTV, Inc., Sky plc, Charter Communications, Verizon Communications, Inc., Bell Canada, Orange S.A., Bharti Airtel, and Consolidated Communications are some of the prominent competitors in the mobile TV market.

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Recent Developments:

  • CommScope and Kaltura will collaborate in November 2020 to provide mobile TV market services to communication service providers and media enterprises globally. The integrated solutions would use AWS’s capability to create a simplified cloud platform for clients establishing large-scale mobile TV services, from planning through delivery, deployment, and implementation, as well as continuous growth. AWS enables video providers to improve operational flexibility and resilience while also benefiting from streamlined resource and cost structures.
  • Brightcove paid US$ 15 million in cash and shares in April 2019 to purchase Ooyala’s online video platform business. Ooyala is a provider of cloud video technology. Brightcove’s position as a market leader in online video is strengthened by the strategic purchase. Ooyala’s OVP clients have now joined the list of enterprises that collaborate with Brightcove as a result of this transaction.
  • CSG Systems International and Bell Canada, Canada’s leading communication firm and provider of sophisticated wireless, Internet, TV, and business services, announced a seven-year renewal of their long-standing relationship in July 2020. CSG Systems International would continue to support Bell Canada’s Fibe and Alt TV services’ residential customer service and invoicing. Fibe TV from Bell Canada is an IP-based television service. It allows customers to watch live television on the screen of their choice.
  • Xiaomi launched the Mi Box 4K in India’s smart set-top-box or mobile TV market in May 2020. The Mi Box 4K is intended to transform any standard feature TV into a mobile TV.
  • TCL Corporation announced a smart line of AI-powered TVs and air conditioners in the Indian market in January 2020. With its C8 AI Android TV Series, TCL Home APP, and a wide selection of Smart Air Conditioners, the firm has presented the next-generation ‘AI x IoT’ idea.

Mobile TV Market Segmentation:

By Service Type:

  • Free to air
  • Pay TV

By Region:

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

About Future Market Insights (FMI):

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Polyvinyl Chloride Market: Growth Fueled by Demand, Sustainability Concerns Prompt Alternatives

The global polyvinyl chloride (PVC) market is expected to experience positive growth, driven by its use in key industries like packaging, automotive, and construction. This growth is projected to be around 4.2% CAGR over the next decade.

Pipes & Fittings: A Dominant Segment

The pipes & fittings segment is the primary driver of the PVC market. This is due to the high durability, endurance, and cost-effectiveness of PVC pipes. These pipes are widely used in various infrastructure applications, including transporting drinking water, draining waste products, and roof/groundwater drainage. Their high corrosion resistance makes them ideal for industrial piping systems as well, especially for transporting hazardous chemicals. Additionally, PVC pipes are preferred for their ease of maintenance, safety features, and economic benefits, all of which are expected to continue propelling the PVC market in the coming years.

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Environmental Concerns and Sustainable Alternatives

However, the PVC market faces challenges arising from environmental concerns. The production and disposal of PVC are considered detrimental to the environment, and the US EPA has classified it as a human carcinogen. This has led manufacturers to focus on developing sustainable alternatives.

High-density polyethylene (HDPE) is emerging as a promising substitute. This highly durable plastic has a lower environmental impact and is recyclable, significantly reducing landfill waste. The development and adoption of such sustainable alternatives present exciting growth opportunities for PVC manufacturers.

Asia Pacific Leads the Way

The Asia Pacific region holds the largest revenue share in the global PVC market, with India and China being the key players. This dominance is attributed to the region’s booming construction activities, rapid urbanization, and growing population with rising disposable incomes.

On the other hand, the US market is expected to see impressive double-digit growth over the coming years. The strong presence of manufacturing, construction, and automotive industries is driving domestic PVC demand. To capitalize on this growth, leading PVC producers need to focus on developing and launching new sustainable products in these crucial markets.

Prominent Players in the Polyvinyl Chloride (PVC) Market 

  • Formosa Plastics Corporation
  • Chinyang Chemical Co. Ltd.
  • BASF SE
  • Arkema S.A.
  • Ineos Chlorvinyls Ltd.
  • Saudi Plastic Products Company Ltd.
  • Occidental Petroleum Corporation
  • Premier Polyfilm Ltd.
  • The Chemical Company

About Future Market Insights (FMI)

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

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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M2M Services Market Skyrocketing US$ 376.3 Billion Expected by 2032, 25.2% CAGR

The global M2M services market is projected to reach US$ 376.3 Billion by 2032. The market is expected to reach a CAGR of 25.2% during the forecast period from 2022 to 2032. The absolute dollar market value for M2M services was ranked at US$ 336.5 Billion in 2016–2021 during the forecast period.

In recent years, there has been unprecedented growth in embedded devices. These devices traditionally worked independently as well as locally and provided services to humans in their environment. The advancements in radio technologies have enabled mobile devices to be easily connected to target devices using the Internet.

Applied to devices such as sensors, RFID tags, actuators, vehicles, machines, and industrial embedded devices, these trends can now be seen in the number of case studies that use physical equipment services.

The managed M2M services provide a wireless interface between machines and devices, thus allowing them to be transformed into smart assets, creating new opportunities for growth while enhancing customer service.

By using these services, businesses can optimize the efficiency and productivity of the business activities associated with connected machines, stimulating innovation, enabling faster decision-making, and reducing the need for time, effort, and cost.

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Key Takeaways from the M2M Services Market Report:

  • Market growth is expected to reach a CAGR of 25.2% in the forecast period, valuing the global M2M services market at US$ 39.7 Billion.
  • In India, the market is predicted to reach US$ 18.9 Billion while growing at a CAGR of 28% during the forecast period.
  • China’s market will grow at a 26.8% CAGR during the forecast period.
  • U.S. recorded a CAGR of 24.7% CAGR during the forecast period.
  • Connectivity and Data Storage Services is expected to reach a CAGR of 25.5% during the forecast period between 2022 and 2032.

M2M Services Competitive Landscape:

  • In October 2021, Wavecom S.A. signed a definitive agreement to acquire Anyware Technologies, a leading provider of client-server software solutions for machine-to-machine (M2M) applications located in Toulouse, France. Having been a Wavecom technology partner for several years, Anyware Technologies is pleased to join forces with Wavecom technologies in further enhancing the deployment of our complete turn-key solutions that enable customers to create wireless products that seamlessly integrate with their IT infrastructure.
  • SONDA acquired M2M solutions in September 2021 as part of its strategic plan for the 2019–2021 period, which focuses on strengthening four key industries at a regional level: transportation, retail, financial services, and government. With their proven track record of successful transport solutions, Sonda has assisted in improving the quality of life of Latin Americans by transforming the way they move daily. Throughout the years, SONDA has built a solid base of expertise that M2M solutions can strengthen over the years.

Leading Key Players:

  • AT&T
  • Germalto NV
  • PTC
  • Oracle
  • Ericsson AB
  • VERIZON COMMUNICATIONS INC
  • Deutsche Telekom AG
  • Vodafone + Telefonica
  • Aeris

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M2M Services Market Segmentation:

By Organization Size:

  • Large Enterprises
  • SMEs

By Service Type:

  • Managed
  • Professional
  • Connectivity and Data Storage

By Application:

  • Retail
  • Manufacturing
  • Healthcare
  • Automotive
  • Consumer Electronics
  • Energy and Mining
  • Transportation and Logistics
  • Oil and Gas
  • Others (Education, Hospitality)

By Region:

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

About Future Market Insights (FMI):

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Calcium Acetate Market: Steady Growth Driven by Diverse Applications

The calcium acetate market is expected to experience moderate but consistent growth throughout the forecast period. While the Compound Annual Growth Rate (CAGR) is estimated at 3% until 2029, this growth is fueled by the continued demand for calcium acetate across various industries. These industries include pharmaceuticals, food & beverages, textiles, and more.

Rising Demand in the Food and Beverage Industry

One of the key drivers of the calcium acetate market is its increasing use as a preservative and food additive. The demand for calcium acetate in the production of dairy products, such as milk powder, cream, and condensed milk, is anticipated to rise significantly in the coming years. This rise is attributed to the ability of calcium acetate to extend shelf life and enhance food safety.

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Life-Saving Applications in Pharmaceuticals

The use of calcium acetate as a phosphate binder in the pharmaceutical industry is another crucial factor propelling market growth. This application is particularly important for patients with kidney disease undergoing dialysis. By regulating blood phosphate levels, calcium acetate significantly reduces the risk of stroke and heart disease associated with phosphate buildup.

Furthermore, the utilization of calcium acetate in the manufacturing of anti-epileptic drugs is expected to gain traction in the coming years. This pharmaceutical application is projected to become a dominant force in the market, especially as consumer preferences shift towards natural and chemical-free food products, potentially hindering the use of calcium acetate as a food preservative.

Applications Beyond Food and Pharmaceuticals

Calcium acetate boasts a wide range of applications beyond the food and pharmaceutical industries. In the chemical industry, it finds use in the production of resins, printing inks, and lubricants. The building and construction sector utilizes calcium acetate as a concrete accelerator, while wastewater treatment and detergent manufacturing also leverage its properties.

Geographical Landscape: Europe Leads, Asia Pacific Catches Up

Europe is currently the leader in the calcium acetate market, with a dominant market share. This dominance can be attributed to the substantial investments made by governments in these regions for research and development activities aimed at diversifying calcium acetate applications. However, the European market is expected to face challenges due to saturation in the coming years.

On the other hand, the Asia Pacific region presents a promising picture for calcium acetate demand. The rising income levels, purchasing power parity, and improving lifestyles in this region are significant factors driving growth. Countries like Indonesia, Taiwan, Thailand, Japan, and India are anticipated to be the major contributors to this growth, primarily in the pharmaceutical and soap & detergent sectors.

About Future Market Insights (FMI)

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

Contact Us:       

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Life Science Analytics Market Soars at 10.7% CAGR to US$ 68.6 Billion by 2032

The global life science analytics market is anticipated to rise from US$ 24.8 billion in 2022 to US$ 68.6 Billion by 2032, expanding at a compound yearly growth rate of 10.7%. The R&D and business sectors are expected to undergo a significant transformation as a result of the adoption of artificial intelligence in healthcare over the next few decades.

Life science organizations are under pressure to cut medical expenses, boost productivity, and implement analytics solutions in clinical trials and drug development as they adopt sophisticated analytics techniques.

With life science, AI can be trained to differentiate cancer cells in the lab, analyze complex genomic datasets, and identify patterns in medical images, like X-rays. In addition, analytics can also identify unexpected or novel patterns and predict treatment responses by analyzing consumer, treatment, diagnostic, and lab data stored in natural language.

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Companies in the life sciences are finding it increasingly difficult to handle exponentially growing data volumes. Algorithms that use machine learning might be able to help analyze data and decide which parts of it are relevant, allowing huge amounts of data to be analyzed for insights. Moreover, AI can be used in repurposing drugs and developing new drugs, as well as in diagnosing diseases more swiftly providing more efficient treatments, as well as identifying hypotheses based on data.

Key Takeaways from the Life Science Analytics Market Report:

  • Life science analytics experienced a growth rate worth 11.8% between 2016 and 2021
  • The global life science analytics market is valued at US$ 39.9 Billion in 2026, during the forecast period.
  • Software components in the life science analytics segment to expand at a CAGR of 10.1% during the forecast period
  • In the U.S., the market is predicted to reach US$ 27.5 Billion while growing at a CAGR of 10.7% during the forecast period.
  • Life science analytics applications in research and development are expected to grow at a CAGR of 11.8% during the forecast period.
  • China’s market is expected to reach a market value of US$ 6.3 Billion with a CAGR of 18.6% during the forecast period.

Competitive Landscape:

Are among companies that offer products and technologies that will allow customers to take advantage of new technologies.

  • In March 2022, EQT closed the acquisition of LSP and launched EQT Life Sciences. As announced on 10 November 2021, EQT AB completed the acquisition of LSP after signing a definitive agreement on 28 February 2022. EQT has issued 7,548,384 shares to LSP’s selling shareholders, representing a dilution of approximately 0.8 percent, as part of the total consideration of EUR 475 million. Following the completion of the Transaction, EQT will have 993,828,524 ordinary shares issued and outstanding.
  • For US$ 2.2 billion, TPG Capital will purchase ClaimsXten, Change Healthcare’s claims editorial service, from UnitedHealth in April 2022. To proceed with ClaimsXten’s sale, UnitedHealth will have to acquire Change Healthcare first. The deal has been put on hold after the U.S. Department of Justice filed a lawsuit. Reports indicated that UnitedHealth hoped to acquire Change Healthcare for US$ 8 billion through the sale of ClaimsXten.

Leading Key Players:

  • Accenture Plc.
  • Cognizant Technology Solutions Corporation
  • IBM Corporation
  • MaxisIT, Inc.
  • Oracle Corporation
  • IQVIA (Quintiles, Inc.)
  • SAS Institute Inc.
  • Scio Health Analytics
  • Take Solutions, Inc.
  • Wipro Limited
  • SAP SE

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Life Science Analytics Market Segmentation:

By Component:

  • Software
    • On-premise
    • On-demand
  • Services
    • Professional
    • Managed

By Application:

  • Clinical and Preclinical Trials
  • Regulatory Compliance
  • Research and Development
  • Sales and Marketing
  • Supply Chain Management

By Type:

  • Descriptive
  • Predictive
  • Prescriptive

By End-Use Application:

  • Biomedical Companies
  • Laboratory and Pharmaceuticals
  • Medical Device Companies

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

About Future Market Insights (FMI):

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

Contact Us:        

Nandini Singh Sawlani   

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