Building Thermal Insulation Industry Forecasts 4.3% CAGR Growth, Valuing US$ 44,233.7 Million by 2032

The global building thermal insulation industry is anticipated to create an absolute dollar opportunity in the future by securing US$ 29,034 Million in 2022. The market is expected to exhibit a stable CAGR of 4.3% throughout the forecast years from 2022 to 2032. By 2032, the building thermal insulation market is slated to reach a valuation of around US$ 44,233.7 Million.

Rising commercial and residential applications to trim down the overall energy costs and increasing consumer awareness about energy consumption are expected to bolster growth in the market.

According to Indian Green Building Council, insulation building saves money and protects the environment at the same time. It enhances general comfort and decreases monthly expenditure. With the introduction of green technologies and green practices, energy savings can reach as high as 40% to 50% in the global market.

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Key Takeaways

  • The industry’s focus is drastically being shifted from the environmental impact of insulation materials to the advancement of environment-friendly products. This drastic shift is due to changing consumer preferences for more advanced technologies. Furthermore, recyclable thermal insulation packs are also gaining traction due to the stringent government regulations responsible for conventional products like plastic foams.
  • The growing environment awareness and surging preference for recyclable, green, and biodegradable products by homeowners, businesses, and architects are expected to augment growth in the market across the forecast period.
  • There is a reasonable surge witnessed in the world for building thermal insulation attributed to the expansion of buildings and the construction sector. Thermal insulation systems help buildings in keeping a check on temperatures and make them consistent by reducing heat transmission between the adjacent environments. These efficient insulations also cut down on carbon emissions by decreasing heat transfer to the outside environment and it also needs way lesser energy to maintain temperature.
  • Due to the rise in industrialization, thermal insulations are widely installed in commercial buildings in order to save energy, which is expected to spur the market size in the upcoming years. According to the U.S Census Bureau and U.S Department of Housing and Urban Development, 1,295,000 housing projects were completed. The rising construction projects are anticipated to foster the building thermal insulation market in the forecast period.
  • Affordable insulation services have led consumers to buy DIY insulation products due to their affordability and being less expensive. Such DIY products are available as insulating panels and sprays designed by professionals for specific consumers who cannot afford the high-end insulation services.
  • Residential construction across the world is gaining significant traction owing to the factors such as migration from rural areas to service sector clusters, the increasing trend of nuclear families, and population growth.

Competitive Landscape

Key market players are anticipating offering DIY insulation products because of their low cost and help reduce consumers’ overall market expense. In addition to that, widespread awareness of energy efficiency in residential buildings is fueling market growth. Prominent players in the market are adopting various innovative technologies that are expected to widen the market growth scope in the coming time.

Key Companies Profiled

  • Rockwool International A/S
  • Atlas Roofing Corporation
  • Dow Building Solutions
  • Principal Financial Group Inc.
  • Johns Manville
  • Huntsman Corporation
  • Kingspan Group
  • Owens Corning
  • BASF SE

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Key Segments Profiled in the Global Building Thermal Insulation Market

By Material:

  • Wool Insulation/Open Cell Building Thermal Insulation
  • Stone Wool Building Thermal Insulation
  • Fiberglass Wool Building Thermal Insulation
  • Plastic Foams/Closed Cell Building Thermal Insulation
  • Extruded Polystyrene Building Thermal Insulation
  • Polyurethanes Building Thermal Insulation

By Building Type:

  • Residential Building Thermal Insulation
  • Commercial Building Thermal Insulation
  • Industrial Building Thermal Insulation

By Application:

  • Building Roof Thermal Insulation
  • Building Wall Thermal Insulation
  • Building Floor Thermal Insulation

By Region:

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

More Insights into the Building Thermal Insulation Market

According to the FMI analysis, North America is anticipated to dominate the global building thermal insulation market by securing 27.3% of the total market share in 2022. The U.S. is expected to account for the largest market share owing to several initiatives taken to expand of adoption of insulation in the market.

North America is witnessing a surge in residential and commercial construction activities combined with the implementation of stringent green building codes to reduce the energy consumption per structure, which is projected to accelerate the market growth.

Europe is expected to emerge as a lucrative market by possessing a total market share of 18.1% in 2022. The growth of the European region is attributed to the initiatives taken by Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) and the European Commission to promote thermal insulation as a means of energy conservation.

Germany has a significant contribution to the surge in the regional market across the estimation period. According to the Main Association of the German Building Industry, the German Construction sector is likely to bring in sales of Euro 151 billion in 2022.

The Asia Pacific is expected to portray a positive growth rate throughout the assessment period, attributing the growth to a surge in construction activities in the region in order to meet the demands of a growing population. China is predicted to account for the largest market share.

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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.

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Anticipating Expansion: Conveyor Belt Industry Projects 4.1% CAGR Growth to US$ 6.0 Billion by 2033

The global conveyor belt industry is anticipated to capture a valuation of US$ 4.0 billion in 2023 and reach US$ 6.0 billion by 2033. The global market is estimated to secure a CAGR of 4.1% during the forecast period.

How do the Manufacturers Drive the Global Market Size?

Manufacturers drive the global market through several marketing strategies to increase the demand for their products. Here are a few of the ways the manufacturers drive the global market size are:

  • Product Innovation: Manufacturers continue to invest in research and development activities to innovate better design conveyor belts to improve efficiency, durability, and performance. They adopt new materials, excellent coatings, and the latest technologies to fulfill industries’ specific requirements.

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  • Customization: Manufacturers offer customized products to their customers as per their unique requirements. They provide different sizes, shapes, and colors of products to various industries to attract them. These manufacturers are focused on developing low-capacity and environmentally friendly products.
  • Quality Assurance: Manufacturers ensure high-standard products to build trust in the market and enhance their reputation. They implement strict rules and quality control measures to improve consumers’ demand and performance.
  • Cost-effectiveness: Manufacturers optimize production processes to reduce manufacturing costs and offer competitive prices to their customers.
  • Marketing and Advertising: Manufacturers effectively advertise and market their products in trade shows, campaigns, and exhibitions to create brand awareness. Through these channels, they reach their relevant consumers and increase sales.
  • After-sale Support: Manufacturers provide after-sale support to their customers, including replacement, maintenance, and repair services to satisfy customers. It also enhances trust and maintains long-term relationships between manufacturers and consumers.
  • Sustainability Initiatives: Recently, manufacturers are focusing on developing sustainable products to gain a competitive edge in the global market. They attract consumers to adopt eco-friendly materials to expand their reach.
  • Global Expansion: Manufacturers seek opportunities in the market to enhance their customer base all around the region. Through their presence, manufacturers expand the global market through their innovations, strategies, and technologies.

Key Takeaways:

  • The global conveyor belt market is estimated to register a CAGR of 4.1% with a valuation of US$ 6.0 billion by 2033.
  • In the historical period, the market secured a CAGE of 3.8% with a valuation of US$ 3.8 billion in 2022.
  • The United States is anticipated to dominate the global market by capturing a share of 16.1% by 2033.
  • Germany is estimated to secure a share of 6.1% in the global market during the forecast period.
  • With a share of 6.2%, Germany is significantly driving the global market.
  • Australia is estimated to register a share of 2.2% in the global market by 2033.

How are Key Players Contributing to the Global Market?

The global market is highly competitive by the present key players worldwide. These essential players significantly drive the global market through their innovations and strategies.

These players are advancing the global market through various marketing strategies, including mergers, collaborations, acquisitions, product launches, and agreements. They launched new products and took feedback to fill their gaps as per customers’ requirements.

Recent Developments in the Global Market are:

In 2021, REMA TIP TOP AG announced to expand its services in Germany by purchasing a conveyor technology business in Neu-Ulm.

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Key Companies Profiled

  • Zhejiang Double
  • Siemens AG
  • TGW Logistics Group
  • Emerson Electric Co.
  • Intelligrated
  • Daifuku Co. Ltd.
  • Interroll Holding GmbH
  • Vanderlande Industries B.V.
  • Taikisha Ltd.
  • Fives
  • Swisslog

Conveyor Belt Market by Category

By Type:

  • Crescent
  • Floor
  • Overhead
  • Pallet
  • Roller

By Belt Type:

  • Heavy-Weight
  • Medium-Weight
  • Lightweight

By Material:

  • Polymers
  • Metals

By Installation:

  • Stationary
  • Portable

By End User:

  • Automotive
  • Airport
  • Retail
  • Industrial
  • Poultry & Dairy
  • Food & Beverage

By Region:

  • North America
  • Latin America
  • Europe
  • Asia 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.

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Unveiling Potential: South Korea Tourism Market Aims for US$ 77.9 Million Revenue by 2033 | FMI

South Korea Tourism Market
South Korea Tourism Market

The South Korea tourism market is predicted to grow at 8.10% CAGR over the evaluated period, as per FMI’s analysis. The industry’s size is expected to reach a market value of US$ 35.8 million in 2023 and is projected to surpass US$ 77.9 million by 2033.

Tourism plays a prominent role in driving the economic growth of an economy. South Korea has seen tourism as a substantial constituent in GDP growth. In 2018, for instance, tourism represented 4.7% of GDP. The tourism industry is estimated to have supported 1.4 million jobs in the past, reflecting a 5.3% of the overall employment in the country.

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The government is planning to attract international tourists and stimulate domestic travel. As a result, the regional economies are projected to observe a significant rise in footfall in the upcoming years.

As Indians at large proportion can be seen traveling abroad, tourism boards worldwide are dubbing it a key source market. South Korea can be seen betting big on Indian tourists. Korea Tourism Organization (KTO) aims for 5,00,000 tourist arrivals from India by 2026.

The country is escalating its marketing initiatives in India to draw the interest of travel adventurers and gain big from the travel and tourism industry. In reciprocation, the government has observed positive feedback and surging interest from Indians in South Korea’s tour packages.

As per records, neighboring countries of South Korea, i.e., Japan and China, have constituted a significant proportion of visitors. Another large market is the United States. In 2018, the Tourism Promotion and Development Fund’s total expense was US$ 0.62 billion for tourism infrastructure projects and tourism industry promotion to attract foreign tourists.

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Top Highlights from the FMI’s Analysis of the South Korea Tourism Market:  

  • Based on tourism type, the domestic segment gained a market share of 63.7% in 2022.
  • Based on the booking channel, the online booking section acquired a 41.8% market share in 2022.

Catch up the Recent in South Korea’s Tourism Industry

  • On the 10th & 11th of November 2022, Seoul, South Korea, held the 2022 Global Sustainable Tourism Forum. The Korea Tourism Organization and the Korean Ministry of Culture, Sports, and Tourism arranged the forum with cooperation from the One Planet Sustainable Tourism Program. Tourism Authorities attended the event from 20+ member states and 100+ tourism companies and operators’ representatives. The event successfully catalyzed attendees’ attention on diverse aspects of innovation for sustainable tourism.
  • In April 2023, the French luxury fashion house, Louis Vuitton, signed a deal with Korea Tourism Organization to pump up South Korean tourism. The contract includes developing content and events to promote Seoul all year round. This move is part of a broader vision of the ‘Visit Korea Year 2023-2024’ tourism initiative declared by the South Korea government. By endorsing Korean culture by hosting specials on the Han River and other cultural spaces, the government aims to capture more foot traffic in the country in 2023.
  • In June 2023, South Korea’s Ministry of Health and Welfare announced several initiatives to fortify the industry’s robustness, revamp immigration processes, and promote equitable distribution of healthcare facilities. These initiatives align with the broader ambition of ushering in 700,000 medical tourists by the end of 2027.

South Korea Tourism Market by Category

By Tourism Type:

  • Sustainable
  • Medical
  • Sports
  • Cultural
  • Culinary
  • Faith
  • Wellness
  • Others

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In-Person Booking

By Tourist Type:

  • Domestic
  • International

By Tour Type:

  • Independent Traveler
  • Tour Group
  • Package Traveler

Consumer Orientation:

  • Men
  • Women

By Age Group:

  • 15 to 25 Years
  • 26 to 35 Years
  • 36 to 45 Years
  • 46 to 55 Years
  • 66 to 75 Years

By Region:

  • EA (East Asia)

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.

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Nandini Singh Sawlani 

Future Market Insights Inc.
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T: +1-845-579-5705
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Learning Management System (LMS) Market Poised for US$ 98.5 Billion by 2032 with 18% CAGR

The learning management system (LMS) market is poised for remarkable growth in the coming decade, with an anticipated prodigious CAGR of 18% from 2022 to 2032. This exponential expansion reflects the increasing importance of digital education and remote learning platforms. As educational institutions, corporations, and individuals continue to embrace online learning, the demand for robust LMS solutions is skyrocketing.

By 2032, the LMS market is expected to soar to an impressive US$ 98.5 Billion, underlining its pivotal role in modern education and training. This phenomenal growth not only underscores the market’s potential but also signifies the ongoing transformation in the way knowledge is acquired and disseminated, with LMS platforms at the forefront of this revolution.

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Moreover, an increase in penetration of smartphones coupled with fast internet connectivity, a rise in preference among consumers for learning management systems, and massive adoptions of these systems among educational institutes accelerate the learning management systems market growth. Additionally, the integration of artificial intelligence (AI) offers significant opportunities for learning management systems companies to expand their offerings, owing to factors such as automation of human-intervened operations.

Key Takeaways from the Learning Management System (LMS) Market Report:

  1. The global learning management system (LMS) market was valued at US$ 18.8 Billion by 2022-end
  2. The US to account for the highest value share of US$ 31.9 Billion of global market demand for learning management systems in 2032
  3. From 2015 to 2021, Learning Management System (LMS) demand expanded at a CAGR of 19.6%
  4. By Component, the solutions category constitutes the bulk of the learning management system with a CAGR of 17.2%.

Learning Management Systems Market Competitive Landscape:
Players in the global Learning Management System (LMS) Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products, which would help them strengthen their position in the global market.

Some of the recent developments among the key players are:

In July 2021, PowerSchool announced that it would price the class A common stocks at US$ 18 per share on the New York Stock Exchange (NYSE). This would help the company repay outstanding debt expenses related to the IPO.

In December 2020, D2L partnered with Microsoft to integrate Brightspace LMS with Microsoft Teams. This would enhance the learning experience by allowing to access a private Teams space on the Brightspace platform.

In October 2020, Blackboard launched Blackboard Reach, its new solution for K-12 institutes. The solution was aimed at helping parents to connect with teachers and have meaningful and real-time discussions.

Leading Key Players:

  • Blackboard Inc.
  • Callidus Software Inc.
  • Epignosis LLC
  • John Wiley & Sons, Inc.
  • Oracle Corporation
  • Jzero Solutions Ltd.
  • Paradiso Solutions
  • SABA Software, Inc.
  • SAP SE
  • Sumtotal Systems, LLC

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Learning Management System (LMS) Market Segmentation:

By Component:

  • Learning Management Solutions
  • Learning Management Services
    • Learning Management Consulting
    • Learning Management Implementation
    • Learning Management Support Services

By Delivery Mode:

  • Distance Learning Management Systems
  • Instructor-led Training Learning Management Systems
  • Blended Learning Management Systems

By Deployment Mode:

  • Cloud-based Learning Management Systems
  • On-Premises Learning Management Systems

By End User:

  • Learning Management Systems for Academics
    • K-12
    • Higher Education
  • Learning Management System for Corporates
    • Software & Technology
    • Healthcare
    • Retail
    • Banking, Financial, Services, and Insurance (BFSI)
    • Manufacturing
    • Government & Defense
    • Telecom
    • Other Corporate Users

By Region:

  • North America
  • Latin America
  • Europe
  • Asia 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 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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Anticipating Growth: Automotive Tinting Film Industry Projects 4.6% CAGR Sales Rise to US$ 8,270.5 Million by 2033

According to Future Market Insights (FMI), the global automotive tinting film industry is forecast to reach US$ 5,268.5 million in 2023. Over the next decade, global sales of automotive tinting films are projected to rise at 4.6% CAGR, taking the overall market valuation to US$ 8,270.5 million by 2033.

Rapid growth of automotive sector globally is a key factor driving the automotive tinting film industry. Consequently, growing need for improving vehicle aesthetics, safety, and privacy is likely to elevate automotive tinting film demand.

Automotive tinting films are growing wider popularity in the auto sector worldwide. These films are generally installed on the interior or exterior of glass surfaces in vehicles. They help vehicle owners to address problems inherent to glazing.

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Growing awareness about the benefits of automotive tinting films is likely to bolster sales in the market.

Automotive tinting films help in heat and glare reduction, improve safety, security, and privacy, and enhance vehicle aesthetics. These attractive benefits will continue to encourage people to use automotive tinting films, thereby boosting the market.

Manufacturers of automotive tinting films have a significant opportunity to cater specifically to the growing demand for window films in electric vehicles (EVs). As EVs continue to rise in popularity, EV owners prioritize energy efficiency and sustainability, making window films a crucial element in enhancing these aspects.

Manufacturers can capitalize on this opportunity by developing tinting films with exceptional heat-rejection properties, providing EV owners with a solution to mitigate heat buildup, improve energy efficiency, and enhance driving comfort.

Key Takeaways from the Global Market Report:

The global automotive tinting film market is projected to progress at 6% CAGR during the forecast period.
By application, the window segment is forecast to account for more than 55% of the overall market.
By film type, dyed film segment is anticipated to thrive at a 2% CAGR in the forecast period.
East Asia will continue to remain at the epicenter of the automotive tinting film industry during the assessment period.

Automotive tinting film demand in China is projected to rise at 0% CAGR from 2023 to 2033.
The United States automotive tinting film market is anticipated to reach 1,303.3 million by 2033.

“The growing emphasis on energy efficiency in the automotive sector has led to a higher demand for tinting films with heat rejection properties, which improve fuel efficiency and reduce the reliance on air conditioning systems. Further, innovation in automotive tinting films is likely to create new opportunities for automotive tinting film manufacturers.” – says a lead FMI analyst.

Who is Winning?

The global market for automotive tinting films is a fairly fragmented market with several leading manufacturers holding limited shares in the market. Leading automotive tinting film manufacturers are adopting a wide variety of strategies, including new product launches, mergers, partnerships, and acquisitions. For instance,

In 2021, Air Blue automotive film with enhanced features was launched by Llumar.

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Key Players in the Global Automotive Tinting Film Market
• 3M
• Avery Dennison
• LLumar
• Solar Gard
• SunTek
• XPEL
• Madico
• Solar Gard
• V-KOOL
• Johnson Window Films
• Saint-Gobain Sekurit
• Nexus Films
• GBC Window Films
• Saint Gobain Sekurit
• Calstar Window Films
• Madico Asahi Glass Nippon Sheet Glass

Key Segments Covered in Market Research

By Film Type:

  • Hybrid Film
  • Ceramic Film
  • Carbon Tints
  • Crystalline (or Clear) Glass Tints
  • Metallised Tints

By Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Application:

  • Windows
  • Windshields

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Central Asia
  • Russia & Belarus
  • Balkan & Baltics
  • East Asia
  • South Asia Pacific
  • Middle East Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Endpoint Protection Platforms (EPP) Market: Forecasted Surge to US$ 10.3 Billion by 2033 with 10% CAGR

The endpoint protection platforms (EPP) market is predicted to be worth US$ 3,980 million in 2023, and rise to US$ 10,323.09 million by 2033. Initially, the global market was expanding at a CAGR of 7.9% from 2018 to 2022.

Government and public sectors are expanding drastically as a consequence of this industry’s growing digitalization and automation. Due to the growing use of cutting-edge technology to protect its assets, the IT and telecom industry is anticipated to have a significant market share throughout the forecast period.

Endpoint security solutions safeguard the network as well as the ports of entry that connect internal data to remotely connected devices like laptops, smartphones, and connected gadgets. It is regarded as the primary cybersecurity solution for protecting different company networks. Bring-your-own-device (BYOD) policies are projected to be implemented more frequently, which is likely to spur market expansion.

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The importance of endpoint detection and response (EDR) in endpoint protection solutions drives the high-profit margins in the industry. Advanced preventative measures like Next-Generation Antivirus, which can stop both known and undiscovered malware, also contribute to the market expansion.

Key Takeaways from the Endpoint Protection Platforms (EPP) Market Report:

  • In 2023, the United States is expected to develop significantly in the endpoint protection platforms (EPP) market, with a size of US$ 1,095.6 million.
  • The endpoint protection platforms (EPP) market was significantly expanding, with a size of US$ 3,628.1 million in 2022.
  • The market shows amazing opportunities due to the rising advanced technology, and expects a Y-o-Y growth of 9.7% in 2023.
  • The market in China is anticipated to expand at an adequate CAGR of 10.2% by 2033.
  • In 2023, Germany is likely to expand in the endpoint protection platforms (EPP) market, with a size of US$ 405.2 million.
  • Canada is anticipated to expand at an adequate CAGR of 8.9% by 2033.
  • The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 10.2% by 2033.
  • Based on the end use, the BFSI industry is likely to lead the market and expects a size of US$ 1,042.3 million in 2023.
  • Based on the deployment type, the cloud-based segment continues to dominate the sector during the forecast period, with a CAGR of 12.3%.

Key Strategies in the Industry

The endpoint protection platforms sector is very crowded worldwide. The market entry of newcomers is being aided by the rise in both the number of cybercrimes and the possession of devices.

By incorporating cutting-edge technologies like AI, machine learning, and others into their current products, market participants focus on providing sophisticated and reliable endpoint protection solutions.

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Recent Developments

  • AO integrated endpoint security solutions have been released by Kaspersky Lab for medium and enterprise-sized enterprises. The business has combined its endpoint solution with Kaspersky Sandbox, Kaspersky Endpoint Detection and Response Optimum, and a cloud management panel. The business is providing enterprises with cutting-edge solutions as a result of the rising endpoint threats.
  • February 2019 – SafeBreach and BlackBerry Limited Cylance worked together to offer automated endpoint security. The business wants to minimize business risks and give its clients the right advice.

Leading Key Players:

  • Palo Alto Networks
  • Cisco Systems
  • Fortinet
  • CrowdStrike
  • FireEye
  • F-Secure
  • McAfee
  • Microsoft
  • Check Point Software Technologies
  • Broadcom
  • OpenText

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Endpoint Protection Platforms (EPP) Market segmentation:

By Solution:

  • Endpoint Protection Platforms (EPP)
  • Services
    • Professional Services
      • Security Consulting
      • Training and Education
      • Support & Maintenance
    • Managed Services

By Deployment Mode:

  • On-premise Endpoint Protection Platforms
  • Cloud-based Endpoint Protection Platforms

By Enterprise Size:

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • Government and Defense
  • Banking, Financial Services, and Insurance (BFSI)
  • IT and Telecom
  • Retail and e-Commerce
  • Energy and Utilities
  • Manufacturing
  • Education
  • Others

By Region:

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

About Future Market Insights (FMI):

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Digital Rights Management Market Accelerates Towards US$ 17.8 Billion by 2032 with 13.5% CAGR Surge

The digital rights management market is poised for remarkable growth in the coming years, with an estimated valuation of US$ 17.8 Billion by 2032. This projection reflects a robust CAGR of 13.5% spanning the decade from 2022 to 2032

This exceptional market expansion can be attributed to the escalating importance of safeguarding digital content and intellectual property in an increasingly digital-centric world. With content creators, media companies, and various other stakeholders prioritizing the protection of their digital assets, digital rights management solutions are set to play a pivotal role in preserving and monetizing these assets securely.

As the digital landscape continues to evolve, the digital rights management market is expected to remain a vital component of the global digital ecosystem, ensuring the integrity and profitability of digital content and services.

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In addition, with the increasing demand for OTT content, the market is likely to witness notable opportunities for expansion in the assessment period. The increasing popularity of OTT platforms like Netflix, Hulu, Amazon Prime, and Disney Plus among others is predicted to positively influence the market. On the contrary, additional overhead costs and associated complexities with DRM are likely to hinder the market growth in the coming time. However, continuous developments in data security like up-gradation to end-to-end encryption are expected to counter the negative factors and support the market expansion in the coming years.

Key Takeaways from the Digital Rights Management Market Report:

  • The global digital rights management market to value US$ 17.8 Billion from 2022-2032
  • The global digital rights management market to witness a 13.5% growth rate from 2022-2032
  • The software segment, by component, is to expand at 9.8% CAGR from 2022-2032
  • The On-premise segment, by deployment, is to exhibit a 6.7% growth rate by 2032
  • The U.S market to expand at 9.8% CAGR and garner US$ 3.1 Billion by 2032
  • Market in China to procure US$ 90 Million from 2022-2032
  • Indian market to secure US$ 500 Million during the forecast period

Competition Analysis:
Key players in the global digital rights management market include Adobe Systems Incorporated, Apple Inc., Conax AS, Dell EMC, and Fasoo.com Inc., among others. Recent key developments among players include:

  • In January 2020, Seclore, a data-centric security platform in the U.S., rolled out Seclore for O365. Organizations are using digital rights management technologies to secure sensitive data information.
  • In February 2021, RAIR Technologies announced a decentralized digital rights management platform. It was built to power digital scarcity for creators.

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Digital Rights Management Market Segmentation:

By Component:

  • Digital Rights Management Software
  • Digital Rights Management Services

By Deployment Type:

  • On-Premise Digital Rights Management
  • Cloud-Based Digital Rights Management

By End-Use Industry:

  • Digital Rights Management for Healthcare
  • Digital Rights Management for BFSI
  • Digital Rights Management for Government
  • Digital Rights Management for Media and Entertainment
  • Digital Rights Management for Retail
  • Digital Rights Management for Other End-Use Industries

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & 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:        

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Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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UVC Disinfection Products Market Set to Skyrocket to US$ 41,195.4 Million by 2033 Amid Rising Global Health Concerns

The global UVC disinfection products market is anticipated to create an absolute dollar opportunity over the assessment period by registering a CAGR of 15.5%. The global market is likely to be totaled at US$ 9,722.5 Million in 2023 to reach US$ 41,195.4 Million by 2033.

According to the Future Market Insights historical analysis, the global UVC disinfection products market grew at a CAGR of 12.0% from 2018 to 2022. As per the estimations, UVC disinfection product sales represent approximately 75% of the disinfection equipment market. This is driven by the continuous development of disinfection technologies.

Various factors including the rising need for UV lights, UVC disinfection robots, UVC disinfection chambers, UVC portable sanitizers, and other ultraviolet disinfection systems are expected to continue pushing sales in the forthcoming years. In addition to that, the growing need for such products to disinfect the air, water, and surfaces is on the rise.

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These disinfectants have maximum utilization in places such as hospital medical centers, retail & shopping complexes, corporate offices, and public transit among others. These aforementioned factors are anticipated to augment the growth of the market over the forecast period.

UVC disinfection products can also be used for surface irradiation including coils, filters, food production, and food preparation among others. Furthermore, they are used on an on-the-fly-kill basis for infectious disease applications to in-room upper-air UVGI (ultraviolet germicidal irradiation) to general indoor air quality concerns.

Key Takeaways from the UVC Disinfection Products Market Report:

An infectious illness outbreak is able to transcend national and international borders within a few hours in the advent of infectious diseases transmitting fast due to global travel. Furthermore, thousands of people and businesses have been affected by diseases such as SARS, H1N1, Ebola, and swine flu.

UV disinfection lamps are rapidly being deployed in order to destroy lethal flues and reduce its transmission in schools, hospitals, airports, railway stations, and other locations. In addition to that, key market players are working towards launching UV disinfection lamps to combat flu viruses on surfaces. Such factors are expected to augment the growth of the market in the forthcoming years.

Leading Key Players:

  • OSRAM GmbH
  • Light Sources Inc.
  • Uniq (LYFRO)
  • American Ultraviolet
  • Atlantic Ultraviolet Corporation
  • UVC Cleaning Systems
  • Hitech Ultraviolet Pvt. Ltd.
  • MBR UV-C Light Products
  • Skytron, LLC
  • Changxing Leboom Lighting Product Co., Ltd.
  • Guangdong Liangeyuliang Photoelectric Technology
  • Jiangyin Feiyang Instrument Co., Ltd.
  • Changzhou Maxtree Technology Co., Ltd.
  • Guangzhou Jino Lighting Co., Ltd.
  • Hönle AG

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More Insights into the UVC Disinfection Products Market

The European region is expected to showcase positive growth prospects in the global UVC disinfection products market over the projection period. Germany is likely to attract maximum sales by registering around 24.6% of the market share in 2033.

Growth in Germany is attributed to the increasing emphasis on safety guidelines published by the Global Lighting Association. These guidelines are regarding the importance of germicidal ultraviolet radiation in inactivating surface viruses and urging to ensure UV-C product availability across the regional market.

The North American region is anticipated to create lucrative growth opportunities over the assessment period by accounting for the maximum market share of nearly 81.8% through 2031. Moreover, the increasing requirement to undertake extensive hospital disinfection products in order to limit the spread of flue and viruses in the country is anticipated to augment growth in the market.

Sales in developing countries like India is predicted to create promising growth prospects over the assessment period. India is estimated to increase at an impressive 25.6% CAGR between 2023 and 2033. These products are rapidly evolving with new technologies and methodologies in India.

Growing focus on developing advanced disinfection technologies among academic and research institutions, government organizations, and manufacturers is providing impetus to sales in the country.

The unit of UVC mobile room sanitizers is estimated to account for 28.5% of the total market share by 2031. Furthermore, the rising demand in hospitals and commercial places as these products help fight against health-associated infections and protect individuals from getting infected. These sanitizers are mostly used for getting rid of germs in hidden places as they can be installed and operated anywhere.

The UVC disinfection robot segment is anticipated to create opulent growth by accounting for a total of 19.3% of the market. Furthermore, this segment is expected to continue its dominance throughout the projection period.

UVC Disinfection Products Market Segmentation:

By Product:

  • UVC Sanitizing/Germicidal Lamps
    • HVAC Lamps
    • Wall-mounted Lamps
    • Ceiling-mounted Lamps
  • Handheld Sanitizer Wands
  • UVC Sanitization Box/Containers
  • UVC Mobile Room Sanitizers Units
  • UVC Disinfection Robots

By Commercial Application:

  • Retail & Shopping Complexes
  • Hospital & Medical Centres
  • Corporate Offices
  • Entertainment Facilities & Parks
  • Public Transit (Airports, Railway Stations, Ports etc.)
  • Public Assembly Facilities (Convention Centers, Stadiums, Arenas etc.)
  • Others

By Region:

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

About Future Market Insights (FMI):

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

Contact Us:        

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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US Sustainable Tourism Market Primed for Impressive Rise, Envisions US$ 663.64 Million by 2033 | FMI

The market for sustainable tourism in the United States is expected to increase from US$ 258.1 million in 2023 to US$ 663.64 million in 2033. Throughout the cast time, sales of sustainable tourism in the United States are expected to increase at a noteworthy rate of 9.90%.

The adoption of sustainable tourism in USA is anticipated to grow as It is driven by an increase in travel to unique locations, a desire to see wildlife, coral reefs, and unspoilt places, as well as an increase in attention to sustainability. However, a lack of lodging options and a dearth of upscale, hygienic eateries in tourist areas are likely to hamper USA sustainable tourism market expansion.

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The demand for sustainable tourism in USA is rising as various organizations are following promotional activities such as direct marketing, discounts, offering free giveaways, sales, hosting an event. USA sustainable tourism market share is anticipated to grow as the majority of potential customers are millennials who spend the majority of their time on the internet using search and social media.

On the other hand, public-private partnerships that subsidize air travel to far-flung tourist sites, enhance transportation capacities, and facilitate access is likely to open up new opportunities in the USA sustainable tourism market.

Sustainable Tourism has proved to be one of the most strategic economic segments, especially for lesser-known destinations that can thus advantage from positive economic spill-over effects that concern also the entire territorial system.

Popular sustainable tourism destinations in USA have incorporated emergency health care measures and restrictions enforced on social movements around the world. Beaches and resorts are unoccupied, peoples’ movements are stopped, and traveling between territories is strictly controlled.

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Key takeaways

  • In terms of tour type, the package travelers are estimated to account for the relatively highest value share in the Spain sports tourism market
  • By booking channel, the online booking section is expected to hold a major share in the market.

The travelers prefer online booking rather than opting for personal booking as online booking is feasible and even the tour operators give discounts on booking online.

  • Research is important for the sports tourism analysis as it helps in assessing the overall growth and contribution of the sports tourism sector to the nation’s GDP.
  • Based on the tourist type, the domestic tourist segment is likely to remain high over the forecast period.
  • The five key support columns of sustainable tourism development are tourism ancillary, accessibility, amenity, attraction, and community involvement.

Competition Landscape of USA Sustainable Tourism Market

Leading companies providing USA sustainable tourism are focused on maintaining sustainable tours and eco-friendly practices during the trip, advertising popular tourist destinations in USA, and new offers that have driven sales growth of sustainable tourism in USA.

Key players in the USA sustainable tourism market

  • Bouteco
  • Kind Traveler
  • Responsible Travel
  • Wild Frontiers Adventures Travel
  • Wilderness Holding Limited
  • Beyonder Experiences
  • Undiscovered Mountains
  • Gondwana Ecotours
  • Row Adventures
  • Natural Habitat Adventures
  • Cheeseman’s Ecological Safaris
  • Sustainable Travel International
  • NATIVE TOURS, INC.

Recent Developments in the USA Sustainable Tourism Market

  • In order to share stories from hoteliers and other change-makers in the travel industry from every country in the world, one at a time, Bouteco launched its #BOUTECOWORLDSTORIES series on Instagram in June 2020.
  • On January 5, 2022, Kind Traveler debuted a freshly enhanced platform with numerous opportunities for visitors to give back and support the places they travel to. The Kind Traveler 2.0 model, which is the first Give + Get hotel booking platform in the world, offer 45 new hotel alternatives, 20 new charities, several room categories, special incentives, tree-planting possibilities, volunteerism opportunities, and a measurable positive impact report with each booking.

USA Sustainable Tourism Market by Category

By Tourism Type:

  • Eco-Tourism
  • Green Tourism
  • Soft Tourism
  • Community Tourism

By Booking Channel:

  • Phone Booking
  • Online Booking
  • In-Person Booking

By Tourism Type:

  • Domestic
  • International

By Tourist Type:

  • Independent Traveler
  • Tour Group
  • Package Traveler

By Consumer Orientation:

  • Men
  • Women

By Age Group:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 66-75 Years

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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Gaming Monitors Market Set to Soar with Predicted 6.5% CAGR, Targeting US$ 18.40 Billion by 2033

The gaming monitors market is anticipated to be worth US$ 9.8 billion in 2023 and rise to US$ 18.40 billion by 2033. The global market recorded a CAGR of 6.5% from 2023 to 2033.

Professional gamers’ expanding need for gaming monitors, the popularity of gaming competitions, and the rise of e-sports are the key growth factors of the market. In the upcoming years, market growth is anticipated to be fueled by increased consumer demand for high-display quality and gaming experiences, as well as rising disposable income among consumers.

Companies are emphasizing the production of displays with 4K and 8K resolution as the demand for higher-resolution panels increases. As businesses work to give players the best possible image quality, this trend is anticipated to continue.

The emergence of ultra-wide monitors is another well-liked trend in gaming monitors. These displays can provide a substantially broader field of view and often have a 21:9 aspect ratio. For those who desire a greater view of their surroundings in games like first-person shooters, this can be ideal.

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Key Takeaways:

  • By 2033, the United States is likely to dominate the gaming monitors market, with a size of US$ 3.91 billion and a CAGR of 5%.
  • The gaming monitors market was significantly expanding, with a size of US$ 9.28 billion in 2022.
  • The market shows amazing opportunities due to higher sales of VA panels, and expects a Y-o-Y growth of 6.5% in 2023.
  • The market in China is anticipated to expand at an adequate CAGR of 6.6% by 2033.
  • In 2023, Germany is likely to expand in the gaming monitors market, with a size of US$ 130 million.
  • By 2033, the gaming monitors sector is likely to increase in Canada, with a size of US$ 579.1 million.
  • The market in the United Kingdom is anticipated to expand at an adequate CAGR of 6.9% by 2033.
  • Based on the panel type, the VA panel segment led the market CAGR of 6.6% by 2033.
  • Based on end users, the consumer continues to dominate the sector during the forecast period, with a CAGR of 6.5%.
  • Based on the sales channel, the online segment continues to dominate the sector during the forecast period, with a CAGR of 6.8%.

Key Strategies in the Industry

More manufacturers are now competing in the market and creating higher-quality goods as a result of the growing demand for gaming monitors. As a result, gaming monitors are now more reasonably priced. The gaming monitors industry is anticipated to develop as a result of the growing gaming population and the demand for improved gaming experiences.

In order to provide a better gaming experience, businesses are also making significant investments in the development of new technologies, like high dynamic range (HDR) and quantum dot (QD) technology.

Key players:

  • Samsung Electronics Co. Ltd.
  • Dell Inc.
  • AOC Systems Incorporated
  • LG Electronics
  • Lenovo Group Limited
  • Acer Inc.
  • MICRO-STAR INTERNATIONAL CO. LTD.

Recent Developments

  • In 2020, AOC released a gaming monitor with cutting-edge features. The company debuted the Agon AG273QCG, a gaming monitor with a curved design, a 1 ms response time, and a refresh rate of up to 165 Hz, in June 2020.
  • The Odyssey G7 and G9 curved gaming displays from Samsung, which use Quantum Dot technology to produce vivid colors and deep blacks, were just released. The CHG90 from Samsung, a curved QLED gaming monitor with a 32:9 aspect ratio and 144 Hz refresh rate, is also available.

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Key Segmentation:

By Panel Type:

  • IPS Panel
  • TN Panel
  • VA Panel

By Screen Size:

  • Less Than 27 Inch
  • 27-32 Inch
  • More Than 32 Inch

By Sales Channel:

  • Online Stores
  • Offline Stores

By End User:

  • Commercial
  • Consumers

By Region:

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

About Future Market Insights (FMI):

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

Contact Us:        

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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