Buy Now Pay Later Platform Market Surges with a 22.8% CAGR, Propelling it to a US$ 70.9 Billion Industry by 2033

The buy now pay later platform market size is expected to grow from US$ 9.1 Billion in 2023 to US$ 70.9 Billion by 2033, at a CAGR of 22.8% from 2023 to 2033.

E-commerce Market Offers Consumer Diverse BNPL Options

E-commerce expansion has enabled easy access to BNPL options for the customer. Currently, e-commerce consumers have the liberty to choose from a variety of BNPL providers, at varying terms. While the consumer can make retail purchases even in the absence of cash, he/she is also exempted from the burden of paying interest as with credit cards or personal loans.

E-commerce sites are launching promotional offers to lure customers into trying BNPL services. Hence, a consumer can easily buy anything from groceries to furniture through BNPL at e-commerce sites.

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Key Players Should Tap Into Newer Markets

While BNPL enjoys wide popularity in developed regions, untapped markets such as Latin America and Asia Pacific hold huge potential. The lower per capita disposable income could play to the advantage of the BNPL market. The trend of consumerism is rising in these countries. Hence, BNPL platforms could cater to the younger generations that spend the most on e-commerce retail purchases.

Growth in Developing Regions Needs Greater Attention

BNPL providers’ attempts to penetrate developing markets could be hindered by a general lack of awareness about BNPL. Due to lower internet penetration in these regions, the users of BNPL would only be a fraction of the population. Hence, key players need to adopt various strategies to boost internet penetration and awareness of BNPL.

Key Takeaways from the Buy Now Pay Later Platform Market Report:

  • The BNPL market grew at a CAGR of 18.9% CAGR between 2017–2022.
  • the U.K. Buy Now Pay Later Platform market is expected to register a CAGR of around 29.3% between 2023 and 2033.
  • The BNPL platform market in the U.S. is expected to rise at an impressive CAGR of 27.4% during the forecast period
  • During the forecast period, the large enterprises’ segment is expected to grow at a CAGR of 21.4%.
  • The South Korean BNPL market was valued at US$ 1.8 Bn in 2023

Key Players & Startups Target Diverse Sections for Market Growth

Currently, key players and startups are focusing on niche target segments to turn profitable. For instance, India-based Fintech company, SaveIN launched an offline POS installment that caters to loan needs for healthcare. It is known as ‘care now pay later’. Similarly, key players are also attempting to expand revenue through partnerships and acquisitions.

Key Market Developments:

  • In July 2021 Afterpay partnered with Westpac to expand its digital payment services. As a result, Afterpay consumers can now easily keep track of their spending digitally.
  • Mondu, is a buy now pay later platform that caters to ease of payment across marketplaces. The platform specifically focuses on B2B payment modalities.
  • Playter is a startup focusing on harnessing the potential of BNPL for startups and scaleups. This enables businesses struggling for funds to grow quickly. Hence, startups can easily pay their suppliers without waiting for a potential investor with Playter.

Leading Key Players:

  • Klarna Inc.
  • Affirm, Inc.
  • Finflux
  • Fortunesoft
  • Splitit
  • Zip Co Limited
  • Latitude Financial Services

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Buy Now Pay Later Platform Outlook by Category

By Solution:

  • Buy Now Pay Later (BNPL) Software
  • Buy Now Pay Later (BNPL) APIs
  • Services

By Enterprise Size:

  • Small & Medium Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • BFSI
  • Retail & eCommerce
  • Healthcare
  • Media & Entertainment
  • Travel & Tourism
  • Automotive
  • 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 5000 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.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Data Center Market Surges with Unprecedented Growth: Anticipates a Remarkable 7.5% CAGR, Reaching a Projected Value of US$ 209.8 Billion by 2032

The global data center market was expected to register an impressive growth rate of 7.5% across the forecast period from 2022 to 2032. The market garnered a valuation of US$ 101.79 Billion in 2022 and is expected to accumulate a market value of US$ 209.8 Billion by 2032.

According to the historic period ranging from 2017 to 2021, the global data center market registered a healthy CAGR of 5.5%. Owing to the rising adoption of small and mid-scale data centers has fueled the growth across several sectors. The growth of the data center market is attributed to the exponential rise in data consumption and data generation by various organizations all over the world.

Countries all over the world reported massive data demand during the pandemic which elevated the importance of digital technology and data centers. Attributing to these factors, the data center demand is anticipated to increase with a 7.5% CAGR throughout the 2022-2032 assessment period.

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Key Takeaways from the Data Center Market Report:

  • Amidst the Covid 19 pandemic, the growth of the data center market accelerated at a robust pace since the pandemic pushed organizations towards digital transformations, owing to the rise in remote working calls and the need for rapid mobilization of cloud computing in order to cope with a rise in demand for data.
  • Data center colocation offers a high-performance environment for IT infrastructure. Customers can efficiently focus on their core business by collocating their data servers instead of tiring themselves by managing a data center. In addition to that, data center colocation also provides the benefits of 100% uptime SLA.
  • Data center colocation providers offer building (space), cooling, power units, bandwidth, and physical security for customers to install their own servers and storage. In addition to that, colocation also offers dedicated, private connection options to hundreds of networks and IT service providers to help streamline the architecture. Companies are able to scale their environment according to their customized needs by selecting a collocated, multi-tenant data center
  • The Internet has massively influenced individual consumers and large economies alike. It has become an increasingly crucial part of our everyday life. Emerging economies like India and China are exhibiting high demand for social media, television, video streaming, e-Commerce, and net banking, all of which require robust IT infrastructure and data networks.
  • Over the past couple of years, technological advancements have accelerated the pace of processing data and enabled vast amounts of data storage. The emergence of 5G IoT technology has totally transformed the design and deployment of data centers in the last two decades. It is estimated that IoT will include 35 billion units installed by 2022.
  • Large quantities of data are generated due to the deployment of IoT that needs to be processed and analyzed in real-time. As more data gets generated, a corresponding growth will be witnessed in demand for storage space.

Leading Key Players:

  • IBM Corporation
  • Cisco System, Inc.
  • HPE
  • Dell Technologies
  • Hitachi Ltd
  • NTT Communications
  • Schneider Electric
  • Comarch SA
  • ABB
  • Huawei Technologies Co., Ltd.

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Data Center Market Industry Segmentation:

By Component:

  • Data Center by Hardware
    • Data Center Power Systems
    • Data Center Racks
    • Data Center Servers
    • Data Center Networking Devices
    • Others
  • Data Center Software
  • Data Center Service
    • Professional Services
      • Integration & Implementation
      • Consulting
      • Support & Maintenance
    • Managed Services

By Size:

  • Small Data Center
  • Mid-Sized Data Center
  • Large Data Center

By Industry:

  • Data Center for IT & Telecom
  • Data Center for BFSI
  • Data Center for Manufacturing
  • Data Center for Healthcare
  • Data Center for Media & Entertainment
  • Data Center for Others

By Region:

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

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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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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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Digital Commerce Platform Market: Surging at an 18.2% CAGR, Expected to Attain US$ 51.16 Billion by 2033

The global digital commerce platform market is anticipated to grow from a value of US$ 9.61 billion in 2023 to US$ 51.16 billion by 2033, booming at an astounding CAGR of 18.2%.

The usage of a digital commerce platform, also known as an e-commerce platform, is used for conducting online and mobile commerce transactions for the sale and purchase of products and services. Merchants can host and create a digital storefront for a particular set of services or goods using a digital commerce platform. It entails placing an order for digital content that is likely to be consumed immediately online.

Enterprises are investing in innovative digital business models as a result of the growing demand for digital commerce, which is likely to improve the consumer experience. Businesses are making use of social media platforms’ advantages to learn more about their consumers and better serve them by identifying their customers’ satisfaction and dissatisfaction levels. The accessibility and visibility of the consumer experience have changed due to digital commerce.

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Businesses are also modernizing their internal procedures. In the near future, the rising use of smartphones, tablets, and broadband connections is anticipated drive market expansion for digital commerce platforms globally. Throughout the years, cloud computing progressed considerably, which currently delivers considerable savings by cutting the opportunity cost of in-operation technology. As a result, several suppliers have begun to provide cloud services to clients.

Large organizations are benefiting from this trend, thus in recent years, sectors including email marketing service providers, CRM, support, and customer engagement have entirely shifted to the cloud. The emergence of hybrid clouds has elevated cloud services to the status of cutting-edge technology. A cloud computing infrastructure known as a hybrid cloud combines private cloud, on-premises cloud, and public cloud services. As a result, during the forecast period, rising demand for cloud services is anticipated to fuel market expansion.

A centralized platform where customers can browse, buy, discuss experiences, and receive rewards is always in demand. The digital commerce platform satisfies all of the consumer’s criteria. Also, the goal of digital technology is to close the gaps in the consumer purchasing experience. These innovations give customers the smooth shopping experience they want.

Customers are finding the purchasing procedure to be more streamlined because of the freedom to select delivery from a variety of physical and online commerce methods. It is drawing new customers to e-commerce sites. The customer experience is influenced directly or indirectly by the touch points, which are the points at which customers interact with the vendor. The purchasing process is just as important from the customer’s perspective as the points of contact following the transaction.

The adoption of e-commerce platforms in North America is growing at a faster rate because of the existence of key players in the sector and a surge in online business owners in the United States and Canada. Due to these factors, North America is anticipated to have the leading global market for digital commerce platforms throughout the forecast period.

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Key Takeaways from the Digital Commerce Platform Market Report:

  • The market in the United Kingdom is predicted to rise to exhibit a CAGR of 20.4% through 2033.
  • The United States is expected to develop at an 18.3% CAGR during the forecast period.
  • In China, the market is expected to proliferate, registering a CAGR of 21.1% over the forecast period.
  • Germany is estimated to grow decently registering a CAGR of 18.4% until 2033.
  • In India, the market is likely to flourish at a CAGR of 22.9% during the forecast period.
  • With a CAGR of 17.1%, the market in Japan is likely to expand significantly until 2033.

Competitive Landscape:

Key players in the digital commerce platforms market are Shopify Inc., SAP SE, Oracle Corporation, Magento Commerce, Salesforce.com Inc., BigCommerce, WooCommerce, Sitecore, Kentico Software, Unilog Content Solutions Pvt Ltd., and others.

These market players are actively engaged in developing and implementing sophisticated technologies and strategies to enhance their competitive positioning and gain market share. They are also utilizing advanced technologies like blockchain, machine learning, and artificial intelligence to develop creative solutions that simplify the digital commerce experience for both businesses and consumers.

Likewise, they are spending massively on developing omnichannel experiences that are smooth across all platforms, including mobile, in-store, and online. To provide their customers with end-to-end digital commerce solutions, these manufacturers are also enhancing their capacity to deliver a different variety of services.

Recent Developments:

  • In March 2023, to advance its data management offering, SAP unveiled the SAP Datasphere solution. Access to business-ready data throughout the data environment is made simple for customers.
  • In January 2023, Shopify introduced Commerce Components by Shopify which is a fresh and integrated stack for business retail, to combine Shopify components with their own systems.

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Key Segments of Digital Commerce Platform Industry Survey

By Component:

  • Digital Commerce Platform Solutions
    • Digital Commerce Platforms
    • e-Commerce APIs
  • Digital Commerce Platform Services
    • Design & Implementation
    • Consulting
    • Support & Maintenance

By Enterprise Size:

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

By End-use Industry:

  • Food & Beverages
  • Fashion & Apparels
  • Health & Beauty
  • Electronics
  • Automotive
  • Home & Furniture
  • Media & Entertainment
  • Others

By Region:

  • North America Digital Commerce Platform Market
  • Latin America Digital Commerce Platform Market
  • Europe Digital Commerce Platform Market
  • East Asia Digital Commerce Platform Market
  • South Asia & Pacific Digital Commerce Platform Market
  • Middle East & Africa (MEA) Digital Commerce Platform Market

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 5000 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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Breathable Lidding Film Packaging Market Value Soars to US$ 1,180 Million by 2033: In Depth Study Analysis

According to forecasts, the Breathable Lidding Film Packaging Market is expected to be US$ 598.82 million in 2023 and US$ 1,180 million by 2033.

Breathable lidding films are particularly valuable for various product types and storage conditions, effectively enhancing the product’s longevity. As a result, there is a growing market demand for these innovative packaging solutions, especially in the context of the surging popularity of ready-to-eat foods and the need for extended product freshness and quality. This demand is anticipated to continue driving the growth of the Breathable Lidding Film Packaging Market.

The rising preference for ready-to-eat meals in developed nations such as the United States and Germany, coupled with the increasing demand for packaged food products, is driving the growth of the Breathable Lidding Film Packaging Market. Breathable lidding films play a crucial role in extending the shelf life of fresh produce by regulating the oxygen transmission rate through micro-perforations in the packaging. This feature reduces the product’s expiration rate and helps it remain fresh for an extended period, contributing to a significant demand for breathable lidding films.

The demand for fresh and quick food alternatives among consumers has fueled the expansion of the Breathable Lidding Film Packaging Market. Breathable films help keep perishable goods fresh and high-quality, satisfying customer expectations.

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Future of the Breathable Lidding Film Packaging Market

Growing demand for fresh produce

The ever-growing demand for extending the shelf life of fresh produce remains a pivotal catalyst propelling the breathable lidding film packaging sector. In a world grappling with a rising population and diminishing agricultural land, the imperative to preserve and safeguard fresh produce for longer durations presents an abundance of promising prospects for the lidding film packaging market in the times ahead.

Proliferation of modern eateries

Additionally, the burgeoning presence of contemporary retail establishments across the Asia-Pacific, Eastern Europe, and Japan (APEJ) region stands as another driving force bolstering the industry. As Western culture continues to exert its influence, lifestyles in these regions are undergoing transformation, triggering an upsurge in the desire for conveniently packaged foods. This cultural shift is significantly impacting and bolstering the breathable lidding film packaging sector, positioning it for robust growth and innovation in the foreseeable future.

Export of packaged Food

The widespread adoption of a diverse range of culinary delights, spanning from Japanese, Indian, Mexican, Chinese, to Spanish cuisines, has been instrumental in shaping consumer preferences. As a result, consumers are increasingly turning to packaged foods to explore and savor these exotic culinary experiences, ultimately fueling the growth of food service establishments. This burgeoning trend has naturally led to a rising demand for breathable lidding film packaging within the region, as it plays a pivotal role in preserving and delivering the diverse array of gastronomic delights to eager food enthusiasts.

Drivers:

  1. Freshness and Shelf-Life Extension: Breathable lidding films play a vital role in extending the shelf life of fresh food products, reducing food waste, and maintaining product freshness.
  2. Eco-Friendly Packaging: The demand for sustainable and eco-friendly packaging solutions is on the rise, and breathable lidding films are seen as more environmentally friendly compared to traditional non-breathable options.
  3. Convenience and Portability: Breathable lidding films are suitable for on-the-go and convenience food products, making them popular among consumers seeking ready-to-eat and portable meal options.
  4. Innovations in Food Packaging: Advancements in food packaging technologies and materials contribute to the development of breathable lidding films with improved features, such as resealability and microwave compatibility.
  5. Regulatory Compliance: The food industry’s strict safety and hygiene regulations drive the adoption of safe and compliant packaging solutions like breathable lidding films.

Competitors Winning Strategies

Investing in research and development operations creates innovative breathable lidding film packaging with improved qualities. This aids producers in differentiating their goods and gaining a market advantage.

Manufacturers of breathable lidding film packaging have the opportunity to comprehend particular needs and provide tailored solutions by working with food producers and merchants.

Recent Developments:

  • ExtraPET PCR, the newest commercial-grade post-consumer recycled (PCR) PET barrier film, was created in July 2021 by Camvac Ltd. This innovation complements Camvac’s ExtraPET film line, which is already popular in the food and converter industries. It also puts itself within Camvac’s expanding Camvert line of environmentally friendly packaging options.
  • Flair Flexible Packaging released upgraded PLATINUM+ thermoforming sheets to increase effectiveness and reduce costs in May 2020. The market for lidding films will benefit from this expansion potential.

Regional Aspect

Outside the food and beverage sector, the global Breathable Lidding Film Packaging Market is anticipated to have huge development. This is due to the rise of the pharmaceutical and cosmetic sectors in emerging nations like China and India.

A diversified international population lives in the United States, with great demand for various packaged foods. The desire to extend the shelf life of fresh fruit has given rise to advancements in breathable lidding film packaging.

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Market Segmentation:

By Material Type:

  • Plastic
    • LDPE
    • PP
  • Paper
  • Woven Sacks

By Substrate:

  • CPET-based
  • APET-based
  • PP-based
  • PVC-based
  • PE-based
  • Others

By Seal Type:

  • Peel Seal
  • Semi-Weld
  • Weld Seal
  • Others

By End Use:

  • Bakery & Confectionery Products
  • Produced Grain
  • Produced Vegetables
  • Produced Fruits
  • Dried Fruits
  • Other Food Products

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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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 5000 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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RegTech Market Soars with 16.2% Growth, Poised to Hit US$ 45.3 Billion by 2032

The regtech market revenues were estimated at US$ 8.2 Billion in 2021 and are anticipated to grow at a CAGR of 16.2% from 2022 to 2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 45.3 Billion. Market revenue through cloud-deployed RegTech grew at a CAGR of 22.6% from 2015 to 2021.

While the pandemic has created numerous issues for businesses throughout the world, it has also created a new digital gap in the market for the RegTech industry. Money laundering suspicious activity reports are at an all-time high in a number of countries, including Germany and Switzerland.

In the United Kingdom, the UKFIU received and processed 573,085 suspicious activity reports (SARs) in 2019-20, reaching a record high (a 20 percent increase on the previous period). Financial technology (fintech) organizations had the greatest growth in SARs. They submitted 83,609 SARs in 2019-20, a 263.94% increase over the previous year (22,973). Fintech accounted for 64% of the overall increase in SARs.

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According to Muinmos CEO Remonda Kirketerp-Mller, prior to the crisis, RegTech was already a rapidly developing sector, and the pandemic has undoubtedly boosted its growth. The pandemic’s increase in online financial activities, combined with the need for robust, remote solutions for compliance officials working from home, generated an unprecedented demand for RegTech solutions.

The new environment created by the pandemic has tested the operational workflows of all companies across multiple verticals. Many businesses realized that their procedures were not as impermeable and automated as they believed. The realization imparted a sense of strong necessity to automate and digitize as many regulatory procedures and workflows as feasible.

In other words, it increased the demand for RegTech solutions. The automation of regulatory duties makes them dependable support of the business, and there is no going back. As a result, the pandemic aided in raising the prior status quo to a higher level, which now serves as the foundation for further automatization and digitization in the regulatory environment.

Key Takeaways From The RegTech Market Report:

  • Global RegTech Market is expected to reach a market size of US$ 10.1 Billion by 2022.
  • The Cloud deployment segment is expected to account for the highest CAGR of 15.8% during the forecast period.
  • United States is projected to remain the most dominant market with an absolute dollar growth opportunity of US$ 12 Billion during 2022 – 2032.
  • The market in Japan is set to experience the highest CAGR of 14.6% during the 2022-2032 forecast period.

Competitive Landscape:
The market is fiercely competitive, where key players are increasingly focused on obtaining a competitive advantage. The key companies in the RegTech Market are focused on R&D to produce innovative technological solutions.

  • In April 2022, GBG formed separate Americas and Global Product units to consolidate its recent biometrics acquisitions. According to the release, the merger makes GBG the Americas’ largest pure-play digital ID verification and fraud protection technology supplier. GBG also acquired Cloudcheck, a selfie biometrics business located in New Zealand, earlier this year. According to the release, the merger of Acuant and IDology establishes a network that already has 450 million digital identities, which can aid in the battle against synthetic identity theft.
  • In April 2022, Comply Advantage, a worldwide data technology business that increases the identification of financial crime, released a new Anti Money Laundering Essentials Guide for Startups. The new guide was created in collaboration with ComplyLaunch, a program that gives qualifying firms free access to ComplayAdvantage’s anti-money laundering and KYC solutions, as well as other resources.

Leading Key Players:

  • IBM
  • MetricStream Inc.
  • Nice Ltd.
  • Thomson Reuters
  • Wolters Kluwer N.V.
  • Actico Gmbh
  • Acuant, Inc.
  • Ascent
  • Broadridge Financial Solutions, Inc.
  • ComplyAdvantage
  • Deloitte Touche Tohmatsu Limited
  • FundApps

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RegTech Market Segmentation:

By Component:

  • Solution
  • Services

By Application:

  • Anti-Money Laundering (AML) & Fraud Management
  • Regulatory Intelligence
  • Risk and Compliance Management
  • Regulatory Reporting
  • Identity Management

By Deployment Type:

  • Cloud
  • On-Premises

By End-User:

  • RegTech in Banking
  • RegTech in Insurance Companies
  • RegTech in FinTech Firms
  • RegTech in IT & Telecom
  • RegTech in the Public Sector
  • RegTech in Energy & Utilities
  • RegTech in Other End Users

By Enterprise Size:

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

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 5000 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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Corrugated Fiberboard Market Size Rising to US$ 187.9 Billion by 2033: In Depth Industry Analysis

The corrugated fiberboard market is set for significant expansion between 2023 and 2033, with a forecasted average Compound Annual Growth Rate (CAGR) of 5.9%. In 2023, the market is expected to commence at a valuation of US$ 105.9 billion, and by the year 2033, it is projected to claim a substantial market share of US$ 187.9 billion. This growth trajectory signifies a robust market demand for corrugated fiberboard products and their diverse applications in various industries worldwide.

In 2021, there was a notable surge in the demand for combination flutes corrugated fiberboard, creating a substantial absolute opportunity amounting to US$ 24.4 billion, as reported by FMI. Furthermore, in 2022, the corrugated fiberboard market witnessed the top five key players collectively holding a market share that ranged between 10% and 15%. These statistics underscore the growing market demand for corrugated fiberboard products, particularly those utilizing combination flutes, as well as the competitive landscape within the industry.

Corrugated Fiberboard Market refers to the industry dedicated to producing corrugated fiberboard, a versatile material widely used in packaging. It comprises multiple layers of paperboard sandwiched together, with a wavy inner layer that provides exceptional strength and durability. This unique structure makes it ideal for a wide range of applications, from shipping boxes to point-of-purchase displays.

Corrugated fiberboard is non-toxic and 100% reusable. It is lightweight and has excellent shock-absorbing capacity. The corrugated fiberboard sheet is made up of paper. Due to such benefits, fiberboard carton packaging is estimated to gain traction in the global market.

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Top 2 Trends Positively Influencing the Demand for Corrugated Fiberboard

Increasing Adoption of Sustainable Products

Corrugated fiberboard stands out as an eco-friendly champion in the realm of packaging materials. Renowned for its exceptional recyclability and sustainability, corrugated fiberboard is a renewable resource that contributes significantly to environmental conservation efforts. This versatile material can be repurposed in various ways and effortlessly broken down for recycling. Impressively, it can undergo recycling processes up to 25 times, making it a true recycling champion, all while being capable of natural decomposition.

As a testament to its commitment to sustainability, numerous manufacturers are embracing corrugated fiberboard as a key component of their packaging solutions. By doing so, they not only reduce their carbon footprint but also actively promote a greener and more environmentally responsible future.

Need to Reduce Overall Cost of Transportation

One of the standout features of corrugated fiberboard is its unique fluted structure, which imparts remarkable durability and strength. This structure serves as a formidable shield, safeguarding packaged items from potential external damage. Furthermore, its lightweight nature helps optimize shipping costs, making it an economical choice for businesses while still providing robust protection for their products.

Drivers:

  1. E-commerce Boom: The growth of e-commerce and online shopping has significantly increased the demand for corrugated fiberboard packaging for shipping and protection of goods.
  2. Sustainability: Corrugated fiberboard is considered an environmentally friendly packaging material, and the global emphasis on sustainability is driving its use in various applications.
  3. Economic Growth: A rise in economic activity, industrialization, and trade leads to increased demand for corrugated fiberboard in packaging and logistics.
  4. Customization and Design: Advances in printing and design technologies allow for attractive and customized corrugated packaging solutions, boosting market growth.
  5. Consumer Preferences: Consumers favor packaging that is easy to recycle and dispose of, which aligns with corrugated fiberboard’s eco-friendly nature.
  6. Regulatory Compliance: Stringent regulations regarding packaging materials, especially in the food and pharmaceutical industries, drive the adoption of safe and compliant corrugated fiberboard solutions.

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Key Market Players:

  • Georgia-Pacific
  • W.E. Roberts
  • Stora Enso
  • Nuttall Packaging
  • Oji Holdings Corporation
  • Corrugated Packaging Alliance
  • Fencor Packaging Group Limited
  • Durham Box
  • ABBE CORRUGATED
  • Board24
  • Smurfit Kappa
  • Mondi
  • Jaineeket Enterprises
  • Shanghai Lehui Packaging and Printing Co., Ltd.

Competitive Landscape

The global corrugated fiberboard market is highly fragmented and competitive with the presence of several local and regional companies. Moreover, key players are focusing on mergers & acquisitions, expansions, collaborations, and partnerships to strengthen their positions in the market. They are also developing new corrugated fiberboards to attract a large consumer base.

Recent Developments:

  1. In November 2021, Boix Machinery India participated in India Corr Expo to showcase its new products. Further, the company has expanded its production capacity and enhanced the stacking strength of its specialized corrugated boxes for fruit exports to lower the rejection of fruits due to bruising amid shipping.
    2. In May 2021, Mondi confirmed that it has completed the acquisition of Olmuksan. This acquisition is going to help Mondi to strengthen its position in the fast-growing corrugated market of Türkiye, as Olmuksan has a diverse customer base and was a key player in the Turkey corrugated packaging industry.

Segmentation:

By Flute Type:

  • Flute A
  • Flute B
  • Flute C
  • Combination Flutes
  • Micro Flutes

By Board Type:

  • Single Wall
  • Double Wall
  • Triple Wall

By End Use:

  • Food & Beverages
  • E-commerce
  • Pharmaceuticals
  • Cosmetics & Personal Care
  • Electrical & Electronics
  • Automotive
  • Transportation & Logistics
  • Textile

By Regions Covered:

  • North America
    • The United States
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • The United Kingdom
    • France
    • Spain
    • Russia
    • Rest of Europe
  • Japan
  • Asia Pacific Excluding Japan
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of Asia Pacific Excluding Japan (APEJ)
  • Middle East and Africa
    • GCC Countries
    • Israel
    • South Africa
    • The Middle East and Africa (MEA)

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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Future Market Insights Inc.
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Japan’s Tourism Market on a High-Growth Trajectory, Forecasting US$ 559,470 Million in 2033 with a Strong 7.6% CAGR | FMI

It is projected that the Japan tourist industry would experience remarkable expansion, with a double-digit compound annual growth rate of 7.6 between 2023 and 2033. By the end of 2023, it is anticipated that tourism to Japan will bring in US$ 208,926 million worldwide. Long-term tourism to Japan is projected to reach approximately US$ 559,470 million by 2033.

Japan is also known as the land of the rising sun. Being a country synonymous with ancient cultural heritage, Buddhist religious traditions, and a fast-paced lifestyle, Japan is replete with world-class airports, top-notch infrastructure, and modern technology co-existing side by side.

Japan was known as the first country to modernize in Asia. Although it suffered enormous destruction in World War II, nonetheless rose from the ashes within two decades to become Asia’s most powerful economy once again. The country took its place among global heavyweights that the boom was rightfully called the ‘Japanese economic, miracle’! While access to Japan was tightly controlled by the Shogun in the Renaissance period, the Meiji Restoration of 1867 and the building of a national rail network made tourism affordable for domestic tourists and possible for international tourists.

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The Japanese government recognized the need for organized tourism in order to cater to foreign tourists as early as 1887 and established the Kihinkai with then Prime Minister Hirobumi’s blessings. Another major development was passing the Hotel Development Law in 1907, which enabled the Railways Ministry to construct publicly owned hotels across the breadth of Japan.

Key Takeaways

  • The sports tour is known to be an important component of the Japanese government’s efforts to achieve economic GDP development. Over recent years, Japan has had great success attracting and hosting mega-events, particularly spectator events. It held the Summer Olympics in 1964 and again in 2021. Japan has also been the host of the Asian Games, FIFA World Cup, and various other championships.
  • Japan comprises immense natural resources and offers countless opportunities throughout the four seasons. Trail running, river rafting, and marine sports, as well as skiing and snowboarding, attract a lot of tourists. In addition to participating in numerous sports, participants have the option to explore and enjoy cultural heritage places or rich fauna in the surrounding area.
  • The four distinct categories of natural tourism resources in Japan consist of marine resources, mountain resources, suburban resources, and snow and ice resources. Municipalities and local governments can use these resources to develop and provide sporting activities. This is likely to increase the demand for sports tourism in Japan.
  • Over recent years, the fast-paced increase in global tourism has coincided with increased concern in many countries about its consequences to the environment and the lives of those who work in famous tourist sites.
  • The United Nations’ World Tourism Organization has advocated for ‘sustainable tourism’. Recognizing its obligations as the world’s third-largest economy, Japan is taking tangible actions to promote these global goals.
  • JNTO has developed policies to promote sustainable tourism in Japan, which will contribute to the accomplishment of the SDGs. This will be done by preserving and enhancing local habitats and biodiversity while also respecting the culture of local communities.

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Competitive Landscape

There are numerous suppliers who are assuring a safe and affordable travel experience which has made travel and tourism possible and at ease. Instances of key players and collaborations in the marketplace are commonly witnessed and they help in catering to the tourist’s needs more effectively.

JTB is the largest travel agency in Japan and has contributed to the Japanese travel industry for 110 years. It has made the globe aware of the attractiveness of Japanese tourism.

More Insights into the Japan Tourism Market

According to a Japan Tourism Agency Poll in 2019, it was estimated that 47% of visitors stopped in Tokyo and 39% in Osaka. However, for over half of the country’s 47 regions, the figure was 1% or less. As per Joseph Cheer, a professor at Wakayama University’s Center for Tourism Research, the government should go beyond prominent sites and prepare other destinations to deal with tourism.

China solely contributed 30% of total visits in 2019. South Korea came in second with 17%. Consequently, 70% of total tourists in Japan were from four regions, namely China, South Korea, Taiwan, and Hong Kong. There is an over-reliance on specific economies which makes it vital to break free from this dependency in terms of risk mitigation.

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Japan Tourism Market by Category

By Age Group:

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

By Visit Purpose:

  • Vacation
  • Business
  • Visiting Family & Friends
  • Others

By Consumer Orientation:

  • Male
  • Female

By Nationality:

  • Domestic
  • International

By Tour Type:

  • Independent Traveler
  • Tour Group
  • Package Traveler

By Length of Stay:

  • 1-3 Nights
  • 4-7 Nights
  • 8-14 Nights
  • 15+ Nights

By Tourism Type:

  • Wildlife
  • Spiritual & Religious
  • Recreational
  • Heritage
  • Others

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 5000 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
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Endpoint Protection Platforms (EPP) Market Grows Steadily, Expected to Surpass US$ 10.3 Billion with a 10% CAGR by 2033

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):

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 5000 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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UVC Disinfection Products Market Set to Revolutionize Hygiene Practices, Anticipates US$ 41,195.4 Million Valuation by 2033

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 5000 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.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
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Remote Desktop Software Market Emerges as a Tech Powerhouse with a 12.4% CAGR, Projecting a Whopping US$ 5.9 Billion by 2030

The global remote desktop software market is currently valued at USD 5.9 Billion in the year 2030, likely to surge at a vigorous 12.4% CAGR during the assessment period 2022 – 2030. The report attributes the growth of the market to continual demand in the IT and telecommunication sectors, coupled with the penetration of the internet and computers into the manufacturing and healthcare sectors at a healthy pace. Similarly, the advent of cloud computing technologies has also been identified as a crucial growth attribute.

The analysts at FMI also remark that reliance on computer systems has increased significantly in the recent past, necessitating end-users to seek solutions that ease their operations. Likewise, the study has also found that remote desktop software is gradually becoming an integral part of the tech support domain, ensuring healthy long-term growth.

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Furthermore, the report opines that the COVID-19 pandemic will catalyze the demand for remote desktop software as organizations across the world adopt remote working cultures and seek solutions that aid in keeping their day-to-day operations intact. This is expected to give a major boost to the remote desktop software market.

Key Takeaways from the Remote Desktop Software Market Report:

  • Adoption of remote desktop software solutions will remain concentrated across small & medium enterprises, which account for nearly 3/5th of market value.
  • Cloud-based remote desktop software remains the most popular deployment type, capturing more than 2/5th of global value.
  • Based on end-use, the IT & telecommunication sector will hold over 30% of market value, owing to high reliance on computers.
  • South Asia & Pacific will reign supremacy over the regional landscape, backed by the presence of a flourishing IT sector that offers support services to IT firms worldwide.
  • North America and Europe and will cumulatively account for nearly 2/5th of market value.

COVID-19 Impact:

The outbreak of COVID-19 has positively influenced the growth trajectory of the remote desktop software market, creating a significant upsurge in the demand for these solutions. In the first quarter of 2020, numerous organizations across the world have adopted remote working models to ensure their operations remain unhindered.

On this premise, the demand for remote desktop software has witnessed an uptick as it aids in support services by eliminating the need for in-person examination in times of social distancing. Furthermore, as the work-from-home model has emerged as a new normal, the demand for remote desktop software will persist high for the years to come.

Who is Winning?

Players in the remote desktop software market are directing their efforts to launch innovative services with advanced features such as two-way communication, screen recording, high safety, etc. Launching software for multiple operating systems and offering effective customer support have also been identified as key growth strategies. On these lines:

  • In April 2020, HP Enterprises announced a high-performing virtual desktop infrastructure designed to bolster remote working.
  • In August 2018, Microsoft announced the launch of its mobile app that enables users to access computer using mobile devices

Leading Key Companies:

  • ConnectWise
  • Microsoft
  • TeamViewer
  • Splashtop Inc.
  • AnyDesk
  • Zoho Assist
  • RealVNC Limited
  • BeyondTrust Corporation
  • LogMeIn, Inc.
  • Techinline
  • Goverlan, Inc.
  • ISL Online

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Remote Desktop Software Industry Segmentation:

By Deployment Type:

  • On-premise Remote Desktop Software Solutions
  • Cloud Remote Desktop Software Solutions
  • Web-based Remote Desktop Software Solutions

By Enterprise Size:

  • Small & Medium Enterprises
  • Large Enterprises

By End Use:

  • Government
  • IT & Telecommunications
  • BFSI
  • Healthcare
  • Retail
  • Education
  • Media & Entertainment
  • Others

By Region:

  • North America Remote Desktop Software Market
  • Latin America Remote Desktop Software Market
  • Europe Remote Desktop Software Market
  • East Asia Remote Desktop Software Market
  • South Asia & Pacific Remote Desktop Software Market
  • Middle East & Africa (MEA) Remote Desktop Software Market

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 5000 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.
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T: +1-845-579-5705
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