Night Vision Surveillance Cameras Market 2022 | Present Scenario, Growth Prospects & Competition Analysis by 2032

The night vision surveillance cameras market was esteemed at USD 108.9 billion of every 2022, and it is anticipated to increment at a 22.3% CAGR, arriving at USD 812.2 billion by 2032.

Night vision gadgets have been utilized since the World Wars since they help in high velocity imaging and can distinguish objects from a significant distance. The developing military financial plan, as need might arise for innovatively complex night-vision frameworks, is driving the night vision surveillance cameras market forward.

For of guaranteeing individual wellbeing, night vision surveillance cameras are progressively being utilized in homes and individual work environments. Through video examination, night vision surveillance cameras can now zoom in to uncover somebody’s personality, which can be important to wrongdoing anticipation when used accurately.

Purchasers are turning out to be progressively keen on night vision surveillance cameras. Thus, one of the essential drivers driving the night vision surveillance cameras market is significant interest in secure private and public framework.

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The development of Coronavirus has influenced the store network and circulation of night vision surveillance cameras, smothering night vision surveillance cameras market development.

Savvy night vision surveillance cameras are fit for identifying, perceiving, investigating, and following people, vehicles, and items. It could be tweaked by changing settings like article size and responsiveness. Accordingly, the utilization of brilliant night vision surveillance cameras is growing nowadays.

Because of the expanded acknowledgment of organization cameras in business and private applications, night vision surveillance camera arrangements are probably going to be executed at a fast rate all through the estimate period. Furthermore, expanded R&D speculations by producers are moving the night vision surveillance camera market extension.

Manufacturers of night vision surveillance cameras can focus on increasing their R&D expenditure in order to offer solutions that incorporate sophisticated technology such as video analytics, facial recognition, and theft detection.

One of the reasons impeding the growth of the night vision surveillance camera market in South Asia and Latin America is the high price of the device. Furthermore, data storage issues for night vision surveillance cameras are impeding the night vision surveillance camera market expansion.

Due to high product awareness and retail availability of night vision surveillance cameras, the U.S. is expected to hold a significant share of the night vision surveillance camera.

Rising security breaches and rising reliance are driving up demand for night vision surveillance camera in nations such as the United States and Canada. The central governments of the United States and Canada are turning to night vision surveillance camera to improve security across public applications.

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To maintain a consistent income flow, players in the night vision surveillance camera market are focusing on product expansion and business collaboration. In comparison to the other regions, the Asia Pacific and North American regions are likely to present significant potential for companies in the night vision surveillance camera market.

KEY TAKEAWAYS:

  • In the type sector, PTZ (Pan, Tilt and Zoom) from the night vision surveillance camera market are anticipated to flourish at the quickest CAGR of 22.0%.
  • With a CAGR of 21.6%, public sector and defence are predicted to grow significantly in the end-use application sector of the night vision surveillance camera market.
  • The market size fornight vision surveillance camera market in the United States is expected to reach US$ 195.4 Billion by 2032, growing at a CAGR of 21.3% during the research period.
  • China is anticipated to reach a market sizeof US$ 52.6 billion in Night vision surveillance camera by 2032, with a CAGR of 20.7% during the research period.
  • Australia’s Night vision surveillance camera market is anticipated to be worth US$ 25.8 Billion by 2032, with a CAGR of 19% over the forecast period.
  • Japanis expected to have a market size for Night vision surveillance camera of US$ 25.3 Million by 2032, with a CAGR of 19.1% during the research period.
  • By 2032, South Africais expected to reach a market size of US$ 5.6 Billion in night vision surveillance camera, with a CAGR of 18% during the research period.

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COMPETITIVE LANDSCAPE:

Hangzhou Hikvision Digital Technology Co Ltd., Canon Inc., Bosch Security Systems, Inc., Honeywell International Inc., Panasonic Corporation, Dahua Technology Co., Ltd., Pelco, Sony Corporation, Samsung, Cisco Systems, and others are among the prominent competitors in the night vision surveillance camera market.

The increased emphasis on distribution channels and advice via social media applications is likely to boost growth of the leading players in the night vision surveillance camera market.

RECENT DEVELOPMENT:

  • Thermoteknix Systems Ltd. debuted its innovative TiCAM 1000C Biocular Target Locator System at the Security & Policing security event in February 2019. It is a portable camera used for observation, surveillance, and security. It is also appropriate for low-light situations and inclement weather.
  • Thales Group announced the co-development of ELFIE night vision devices with Indian armed force producer MKU ltd in February 2019. ELFIE will provide convenient mobility as well as night warfare The night vision devices may be used with either a helmet or a weapon, and it is suited for both left and right eyes.

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Payroll and HR Solutions and Services Market Outlook, Current & Future Landscape Analysis from 2022 to 2032

The overall payroll and HR solutions and services market should get US$ 58.3 Billion while showing a CAGR of 7.7% during the gauge time period from 2022-to 2032. The market regarded US$ 27.8 Billion of each 2022.

Creating demand to manage the expanding workforce is projected to be the key consider driving the market the gauge time period. Moreover, the rising need to override the conventional method with a state of the art plan should assist the market in the looming time with outlining.

Besides, expanding the blend of AI with HR solutions is likely going to emerge as a beneficial opportunity for market improvement in the guess period. Players in the market are getting holds, which will brace the market during the figure time span.

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“Rapid digital transformation in the HR Solutions along with growing adoption of cloud-based technologies in various organizations is expected to benefit the market in the forecast period. Also, with the growing need to manage the expanding workforce, there is spiking demand for an efficient HR solution”

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global payroll and HR solutions and services market, presenting historical analysis from 2016 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of deployment (cloud, on-premise and hybrid), enterprise size (SMEs and large enterprises), solution (software and services) and industry (BFSI, government, healthcare, manufacturing, retail, telecom & IT, transportation & logistics and others) across five major regions (North America, Europe, Asia Pacific, Middle East & Africa and South America).

What is the Role of Key Players in the Global Payroll and HR Solutions and Services Market?

Major players in the global payroll and HR solutions and services include SAP SE, Paychex, Inc., Automatic Data Processing, Inc., TMF Group Holding B.V, and Ramco Systems Limited. Recent key developments in the industry are:

  • In April 2021, Ceridian HCM announced the acquisition of Ascender. Ascender is a Japanese payroll and HR solutions provider. The acquisition aims to offer comprehensive human capital management and payroll solutions in APAC.
  • In April 2022, CoffeeMug.ai, a growing community of over 2,50,000 founders, business leaders, and investors, launched a talent solution platform for higher-level hiring. The platform scans millions of public profiles available on the internet and layers them with analysis from, CoffeeMug’s data pool to drive senior-level hiring for its clientele.

Key Takeaways from the Market Study:

  • The SMEs segment to expand at 8.9% CAGR during the forecast period
  • The Cloud segment to exhibit a growth rate of 8.4% during the assessment period
  • The market in the U.S to garner US$ 1.3 billion by 2032
  • The market size of China to expand at a growth rate of 9.9% from 2022- to 2032
  • Market in India to garner US$ 4.5 Billion of revenue by 2032
  • The market in the U.K to expand at a CAGR of 6.3% from 2022-to 2032

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Key Segments Profiled in the Payroll and HR Solutions and Services Market Report

Payroll and HR Solutions and Services by Deployment:

  • Cloud-based Payroll and HR Solutions and Services
  • On-Premise Payroll and HR Solutions and Services
  • Hybrid Payroll and HR Solutions and Services

Payroll and HR Solutions and Services by Enterprise Size:

  • Payroll and HR Solutions and Services for Large Enterprises
  • Payroll and HR Solutions and Services for Small and Medium Enterprises (SMEs)

Payroll and HR Solutions and Services by Solution:

  • Payroll and HR Solutions Software
  • Payroll and HR Solutions Services

Payroll and HR Solutions and Services by Industry:

  • Payroll and HR Solutions and Services for BFSI
  • Payroll and HR Solutions and Services for Government
  • Payroll and HR Solutions and Services for Healthcare
  • Payroll and HR Solutions and Services for Manufacturing
  • Payroll and HR Solutions and Services for Retail
  • Payroll and HR Solutions and Services for Telecom & IT
  • Payroll and HR Solutions and Services for Transportation & Logistics
  • Payroll and HR Solutions and Services for Other Industries

Payroll and HR Solutions and Services by Region:

  • North America Payroll and HR Solutions and Services Market
  • Europe Payroll and HR Solutions and Services Market
  • Asia-Pacific Payroll and HR Solutions and Services Market
  • Middle East & Africa Payroll and HR Solutions and Services Market
  • South America Payroll and HR Solutions and Services Market

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Network Attached Storage (NAS) Market Report | Size, Growth, Demand, Scope, Opportunities & Forecast 2022 to 2032

The network attached storage (NAS) market is projected to appear at a valuation of US$ 116.6 Bn by 2032 from US$ 31 Bn in 2022, rising quickly at a CAGR of 14.2% all through the check period.

The rising social event of 4G and 5G advances, the production of high-volume robotized content, and the making usage of telephones, computers, and tablets, which accomplish the time of goliath extents of information, are the key drivers driving the improvement of network attached storage (NAS) market.

The fundamental drivers of the network attached storage market are the rising fundamental to get to information in the corporate network and the web whenever and from any area. The rising use of remote and virtual office settings, business development organizing, and the need to offer workers with far off authorization to corporate networks, thusly, are driving interest for network attached storage (NAS) progression.

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Business activities need the reinforcement of touchy information, and network attached storage (NAS) frameworks are the best arrangement. The expanded utilization of network attached storage (NAS) innovation is because of the utilization of reinforcement targets and records to store information duplicates.

Key Takeaways  

  • The market size for network attached storage (NAS) in the United States is expected to reach US$ 41.5 Bn by 2032, growing at a CAGR of 13.9% during the research period.
  • United Kingdom is expected to reach a market size of US$ 4.8 Bn in network attached storage (NAS) by 2032, with a CAGR of 12.8% during the research period.
  • China’s network attached storage (NAS) market is expected to be worth US$ 8.4 Bn by 2032, with a CAGR of 13.5% over the forecast period.
  • Japan is expected to have a market size for network attached storage (NAS) of US$ 6.7 Bn by 2032, with a CAGR of 12.4% during the research period.
  • By 2032, South Korea is expected to reach a market size of US$ 4.2 Bn in network attached storage (NAS), with a CAGR of 11.7% during the research period.
  • In the design sector, 1 Bay to 8 Bays from the network attached storage (NAS) market is anticipated to flourish at the quickest CAGR of 14.2% through 2032.
  • With a CAGR of 14.0% through 2032, midmarket NAS solutions are predicted to grow significantly in the product sector of the network attached storage (NAS) market.

Competitive Landscape: 

The market for network-attached storage is very fragmented. Previously, the network attached storage (NAS) market was dominated by the key companies. However, an increased business need for data storage is driving many new companies into the network attached storage (NAS) market, making it competitive.

ZyXEL Communications Corporation, Thecus Technology Corporation, Drobo Inc., Asustor Inc., Dell EMC, Buffalo Technology Inc., Hewlett-Packard Development Company, Hitachi Data Systems Corporation, NetApp Inc., International Business Machines (IBM) Corporation, Seagate Technology PLC, and others are among the key network attached storage (NAS) market players.

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How are Some Challenges Stifling Network Attached Storage (NAS) Market Growth

As network attached storage (NAS) is a type of storage connected to a computer system and delivers file services, cyber attackers can access this data, posing a cyber security concern. This is anticipated to be a challenge that might hamper the growth of the network attached storage (NAS) market during the forecast period.

Data security and privacy are critical characteristics for network-connected storage systems servers and hardware. Failing to provide data security, the network attached storage (NAS) market is likely to face challenges throughout the forecast period.

Recent Development: 

  • HITACHI VSP 5000 was released in March 2021. It is the fastest NVME flash array in the world. It provides workload diversity, which means it can handle any workload, from mainframe to container. It has the appropriate size capacity and service levels. It is built with a combination of NVMe and SAS, which helps to maximize performance and workload cost. Powerful virtualization extends the capabilities of older systems. It is a quick and simple transition to NVMe and SCM over Fabrics (NVMe-oF).
  • June 20, 2021 – The sheer performance of Dell EMC’s Unity XT hybrid storage systems ensures that controllers do not become the limiting factor, allowing users to extend as needed to stay up with application IOPS, latency, and capacity expansion, and are built for 5-9 availability. The IO of the Unity XT hybrid array is boosted with FAST Cache or SSD Read Cache to offer flash performance with lower-cost MLC flash drives.
  • QNAP Systems Inc. published the QTS 4.4.2 NAS operating system in April 2020. QTS 4.4.2 not only improves system security and storage scalability but also improves storage expandability with physical JBOD devices to meet file storage and backup requirements.
  • NetApp Inc. purchased Talon Storage (US) in March 2020, a pioneer in next-generation software-defined storage solutions, to help global companies centralise and consolidate IT storage infrastructure to public clouds.
  • Synology Inc. released the DiskStation DS420j (a 4-bays network attached storage (NAS) server) in January 2020, a file syncing and sharing solution that covers the diverse capacity demands of home customers.
  • Acronis, a global leader in cyber protection, awarded WESTERN DIGITAL CORPORATION a contract in March 2020 to deliver its Ultrastar Data60 and Ultrastar Data102 high-capacity hybrid storage platforms, which will assist Acronis in meeting capacity demands and supporting the business’ long-term expansion plans efficiently and cost-effectively.

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Key Segments

By Design:

  • 1Bay to 8 Bays
  • 8 Bays to 12 Bays
  • 12 Bays to 20 Bays
  • More than 20-bays

By Product:

  • Enterprise NAS Solutions
  • Midmarket NAS Solutions

 By Storage Solution:

  • Scale-up NAS
  • Scale-out NAS

By Deployment Type:

  • On-premises
  • Remote
  • Hybrid

By End-user Industry:

  • Banking, Financial Services, and Insurance (BFSI)
  • Consumer goods and retail
  • Telecommunications and ITES
  • Healthcare
  • Energy
  • Government
  • Education and research
  • Media and entertainment
  • Manufacturing
  • Business and consulting
  • Others (aerospace & defense, automotive, food processing, and logistics)

Components:

  • Hardware
  • Software

By Region:

  • North America
  • Europe
  • APAC
  • Middle East and Africa (MEA)
  • Latin America

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Neuromarketing Solutions Market Size, Share, CAGR & Forecast Report for 2022 to 2032

The neuromarketing solutions market, which was esteemed at US$ 1.6 billion of every 2022, is anticipated to increment at a 7.5 percent build yearly development rate (CAGR) to arrive at US$ 3.2 billion by 2032.

Administrative and cost-, portability , and adaptability related difficulties related with neuromarketing solutions might block the neuromarketing solutions market’s development before long, regardless of the market’s promising potential.

Neuromarketing is acquiring notoriety in the media, publicizing, and telecoms enterprises. Some notable organizations are spending vigorously in the investigation of different parts of neuromarketing to all the more likely comprehend their reactions to media and publicizing efforts, which is moving the neuromarketing solutions market. The interest for purchaser conduct research is likewise filling the development of the neuromarketing solutions market.

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Since viable examination requires a huge example of information, Covid-19’s effect on the neuromarketing solutions industry is supposed to be helpful soon. Since individuals are being restricted to their homes because of the overall lockdown, information gathered from the genuine world, for example, physical shops, will be enormously diminished.

The overall store network was disturbed, and fabricating offices were covered because of regulation authorized by different countries across the world, which influenced the formation of neuromarketing solutions insignificantly.

The market for neuromarketing solutions is divided into functional magnetic resonance imaging (fMRI), magnetoencephalography (MEG), eye tracking, electroencephalography (EEG), and positron emission tomography (PET) based on technology (PET).

The fMRI sector topped the neuromarketing solutions market with a 47.6% share, closely followed by the EEG segment. Although the mobility and expense of fMRI equipment are a worry for end users, the demand for this technology will not be hampered in the next years, assuring the segment’s continuous dominance.

EEG is the second-most often used technology in neuromarketing solutions, and it is projected to stay so in the next years. In the near future, eye tracking is predicted to pique the interest of experts working in the field of advertising research.

The majority of eye tracking technologies are used in advertising and media studies. Companies that provide eye tracking solutions are likely to be actively involved in the process of creating improved remote as well as mobile eye tracking solutions, as a result of which the neuromarketing solutions market is expected to grow at a rapid rate.

Asia Pacific, Europe, the Middle East and Africa, the United States, and South America are the world’s most important regional markets for neuromarketing solutions. Among them, the United States has emerged as the major contributor to the global market for neuromarketing solutions.

With the United States as the headquarters of a huge pool of top enterprises operating in this sector. Europe is another important geographical market for neuromarketing solutions globally. Analysts expect that increased investments and economic advancements in the United Kingdom will boost neuromarketing solutions market in the future years.

The Asia Pacific is expected to see a major increase in its neuromarketing solutions market in the near future, with China expected to dominate the Asia Pacific market for neuromarketing solutions. The Middle East and Africa markets are likely to develop slowly, while the South American market will be hampered by regulatory obstacles.

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Key Takeaways: 

  • In the technology sector, Functional Magnetic Resonance Imaging (fMRI) from the neuromarketing solutions market is anticipated to flourish at the quickest CAGR of 8.2% through 2032.
  • The market size for neuromarketing solutions market in the United States is expected to reach US$ 1201.7 Million by 2032, growing at a CAGR of 8.4% during the forecast period.
  • United Kingdom is anticipated to reach a market size of US$ 411.9 Million in Neuromarketing solutions by 2032, with a CAGR of 8.1% during the forecast period.
  • China’s Neuromarketing solutions market is anticipated to be worth US$ 305.9 Million by 2032, with a CAGR of 9.7% over the forecast period.
  • Saudi Arabia is expected to have a market size for Neuromarketing solutions of US$ 75.6 Million by 2032, with a CAGR of 6.1% during the forecast period.
  • By 2032, Brazil is expected to reach a market size of US$ 46.9 Million in neuromarketing solutions, with a CAGR of 5.5% during the forecast period.

Competitive Landscape: 

The global market for neuromarketing solutions has a highly consolidated competitive landscape. Some of the top competitors in this market are EB Neuro S.p.A., Cadwell Industries Inc., Compumedics Ltd., ISCAN Inc., SR Research, LC Technologies, SensoMotoric Instruments, iMotions, and Tobii Technology.

How does COVID-19 influence the Neuromarketing solutions Market?

The impact of Covid-19 on the neuromarketing solutions market has been significant because individuals have been confined to their houses as a result of the worldwide lockdown, and the data generated from brick-and-mortar showrooms and such has been decreased.

The manufacturing of neuromarketing systems is also projected also be harmed because the global supply chain has been disrupted, and manufacturing sites have been shut down completely.

The pandemic has impacted the number of neuromarketing solutions market opportunities prevalent in the industry.

Key players

  • E.B Neuro S.P.A
  • Cadwell Industries, Inc
  • Compumedics Limited
  • ISCAN, Inc
  • SR Research
  • IMotions
  • Tobii Technology

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Key Segments

By Technology:

  • Functional Magnetic Resonance Imaging
  • Electroencephalography
  • Eye Tracking
  • Positron Emission Tomography
  • Magnetoencephalography

By Region:

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

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Life Science Analytics Market Recent Trends, Leading Players, Segments & Regional Forecast 2022 to 2032

As per a report, the worldwide life science analytics market is assessed at US$ 22.1 Billion out of 2021 and is projected to arrive at US$ 24.8 Billion by 2022. It is anticipated that the market will develop at a CAGR of 10.7% somewhere in the range of 2022 and 2032. As per Future Market Experiences, the business is ready to arrive at a valuation of US$ 68.6 Billion toward the finish of the previously mentioned figure time frame.

With life science, artificial intelligence can be prepared to separate disease cells in the lab, examine complex genomic datasets, and recognize designs in clinical pictures, similar to x-beams. What’s more, analytics can likewise distinguish startling or novel examples and foresee treatment reactions by breaking down customer, treatment, demonstrative, and lab information put away in regular language.

Companies in the life sciences are finding it increasingly difficult to handle exponentially growing data volumes. Algorithms that use machine learning might be able to help analyze data and decide which parts of it are relevant, allowing huge amounts of data to be analyzed for insights.

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Moreover, AI can be used in repurposing drugs and developing new drugs, as well as in diagnosing diseases more swiftly and providing more efficient treatments, as well as identifying hypotheses based on data.

Key Takeaways

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

“With custom solutions tailored to healthcare needs and a cloud that can deploy massive amounts of data, pharmaceutical companies will be able to garner much more value in the future,” says an FMI analyst.

Competitive Landscape

Key Players that have been profiled in the report are Accenture PLC, Cognizant Technology Solutions Corporation, IBM Corporation, MaxisIT, Inc., Oracle Corporation, IQVIA (Quintiles, Inc.), SAS Institute Inc., Scio Health Analytics, Take Solutions, Inc., Wipro Limited, and SAP SE are among companies that offer products and technologies that will allow customers to take advantage of new technologies.

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

More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global life science analytics market, presenting historical market data (2016-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on component (software and services), application (clinical and preclinical trials, regulatory compliance, research and development, sales and marketing and supply chain management), type (descriptive analysis, predictive analysis and prescriptive analysis), and end-use application (biomedical companies, laboratory, and pharmaceuticals and medical device companies across five major regions (North America, Europe, Asia Pacific, Middle East and Africa and South America).

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Key Segments Covered in the Life Science Analytics Industry Report

Life Science Analytics by Component:

  • Life Science AnalyticsSoftware
    • On-premise Life Science Analytics Software
    • On-demand Life Science Analytics Software
  • Life Science AnalyticsServices
    • Professional Life Science Analytics Services
    • Managed Life Science Analytics Services

Life Science Analytics by Application:

  • Life Science Analyticsfor Clinical and Preclinical Trials
  • Life Science Analytics for Regulatory Compliance
  • Life Science Analytics for Research and Development
  • Life Science Analytics for Sales and Marketing
  • Life Science Analytics for Supply Chain Management

Life Science Analytics by Type:

  • Descriptive Life Science Analytics
  • Predictive Life Science Analytics
  • Prescriptive Life Science Analytics

Life Science Analytics by End-Use Application:

  • Life Science Analytics in Biomedical Companies
  • Life Science Analytics in Laboratory and Pharmaceuticals
  • Life Science Analytics in Medical Device Companies

Life Science Analytics by Region:

  • North America Life Science Analytics Market
  • Europe Life Science Analytics Market
  • Asia Pacific Life Science Analytics Market
  • Middle East and Africa Life Science Analytics Market
  • South America Life Science Analytics Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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E-Sports And Games Streaming Market Size, Growth, Demand, Scope, New Opportunities & Forecast 2022 to 2032

According to a recent study done by FMI, the  eSports & Games Streaming Market is expected to reach US$ 7.2 billion by 2032, up from US$ 2.3 billion in 2022, expanding at a high CAGR of 11.9%. This study explains that the factors such as growing viewership and increasing popularity are expected to accelerate the market growth during the forecast period. The major factors that are expected to accelerate the growth of the eSports & Games streaming market during the forecast period include Growing popularity of video games, growing awareness of eSports among children, large scale investments and adoption of advanced gaming technologies with growing number of gamers.

Furthermore, growing number of events with large prize pools, increasing investments in more micro transactions in video games and franchise style leagues are some major factors that are expected to create lucrative opportunities for the market in the forthcoming years.

Moreover, mobile game streaming is a recent phenomenon that is expected to flourish in the market exponentially. As per Streamlabs, there were approximately 479 thousand active mobile streamers on Streamlabs in June 2019, which was an increase from 150 thousand active mobile streamers in June 2018 globally. Therefore, factors such as increasing penetration of smartphones and rising mobile streamers, are expected to augment the market growth in the forthcoming years.

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Key Takeaways from the Market Study

  • Global eSports & Games Streaming Market was valued at US$ 2.3 Bn by 2022-end
  • China to account for the highest value share of US$ 319.1 Mn of global market demand for eSports & Games Streaming Market in 2032
  • From 2015 to 2021, eSports & Games Streaming demand expanded at a CAGR of 16.4%
  • By Solution, App based constitutes the bulk of eSports & Games Streaming with a CAGR of 11.7%.

Competitive Landscape

Players in the global eSports & Games Streaming 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 in strengthening their position in the global market. Some of the recent developments among the key players are:

  • In October 2021, FaZe Clan Inc.  entered into a definitive merger agreement (the “Merger Agreement”) to combine with B. Riley Principal 150 Merger Corp. (“BRPM”), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (RILY) (“B. Riley Financial”). Through the proposed business combination, FaZe Clan is positioned to become one of the only digitally native, youth-focused lifestyle and media platforms publicly traded on a U.S. national exchange.
  • In May 2021, LaLiga, Spain’s premier football association, and Microsoft Corp. announced an expansion of their partnership focused on digitally transforming the sports experience globally. The companies also collaborated on developing technology solutions to the media and entertainment industry through LaLiga’s technology offering, LaLiga Tech.
  • In May 2021, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, and the National Hockey League (NHL) debuted two new advanced analytics during the 2021 Stanley Cup Playoffs. The new stats, powered by AWS, use cloud technologies such as analytics, serverless compute, and media services to gather data from the ice in real time, analyze it, and visualize it for fans as graphics appearing on the broadcast.

Know More About What the eSports & Games Streaming Market Repost Covers

Future Market Insights offers an unbiased analysis of the global eSports & Games Streaming Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the eSports & Games Streaming Market, the market is segmented on the basis of revenue streams, and solutions, across five major regions.

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Key Segments

By Revenue Streams:

  • Media Rights
  • Subscriptions
  • Online Advertisements
  • Tickets and Merchandise
  • Sponsorships and Direct Advertisements
  • Publisher Fees

By Solutions:

  • Web Based
  • App Based

By Region:

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

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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In Vehicles Payment Market Trends, Demand, Dynamic Innovation in Technology & Forecast 2022 to 2032

With an estimated CAGR of 11.6% during the projected period, the in-vehicle payments market share is expected to reach US$ 12.6 billion by 2032, finds a recent report published by FMI. The study finds that the rising demand reflects the adoption of in-vehicle payments.

Sales of in-vehicle payments are expected to rise significantly. In addition to this, sales of in-vehicle payments are rising, accounting for US$ 6.5 Bn by 2026. Increasing sales of in-vehicle payments are also projected to contribute to the growth of the in-vehicle payments market share.

During the COVID-19 epidemic, government-enforced lockdowns prohibited the use of passenger automobiles and public transportation. So, like the global automotive sector, in-vehicle payments systems will see slow market growth in 2020. As demand for contactless payment options grew globally, lockout limitations were eased in the coming years.

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Moreover, big corporations started rolling out contactless payment options in-vehicle, resulting in the market recovery. The increased need for contactless payment solutions due to pandemics, for example, led to Mercedes introducing contactless petrol payment in March 2021 in Germany. By the end of 2021, the company plans to spread its fuel & pay service to additional European nations.

Connected automobiles are vehicles that can interact with other technologies via the user’s daily life. Connected automobiles use their connectivity to allow passengers to pay in-car. As a result, the increasing use of linked automobiles is likely to increase global sales of in-vehicle payments systems. Also, major brands like Mastercard and Visa are investing in linked auto payment technology, which will likely boost market growth in the near future.

On the other hand, the global maturing 5G connection rollout, along with increasing autonomy in autonomous and connected cars, is likely to boost market development. Moreover, the increased use of connected automobiles in emerging markets like China and India is expected to drive demand for in-vehicle payment.

Manufacturers in the in-vehicle payments market get a big platform from which to serve the whole demand for in-vehicle payments. The worldwide sales of in-vehicle payments are seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for in-vehicle payments more accessible to customers.

Key Takeaways:

  • Thus, infrastructure expansion for in-car payment is projected to drive market growth in the near future.
  • In addition to the convenience of paying via mobile devices and on-demand applications, the increased popularity of digital payment apps such as Google Pay, Apple Pay, and Amazon Pay is likely to fuel sector growth during the projection period.
  • The QR code/RFID industry is also predicted to develop rapidly in the future.
  • As of 2020, North America led the global market with a USD 1.38 billion market share.
  • The Asia Pacific is predicted to grow at a rapid rate in terms of sales of in-vehicle payments.

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Competitive Landscape

BMW AG, CarPay Diem Cerence Inc., Daimler AG, General Motors Company, Gentex Corporation, Harman International Industries, Inc., Honda Motor Company, Ltd., Hyundai Motor Company, Jaguar Land Rover Automotive PLC, Mastercard Inc., Telenav Inc., ThinxNet GmbH, Visa Inc., Xevo Inc., and ZF Friedrichshafen AG.

  • In January 2019, Visa announced cooperation with SiriusXM Linked Vehicles Services Inc. to improve the in-car customer experience and provide manufacturers that use SiriusXM’s connected vehicle services with a SiriusXM e-wallet. Visa account customers will be able to use these payment services to pay for things like petrol, coffee, parking, movie tickets, and more.
  • Parkopedia launched a new multi-domain payment platform in May 2021. Parkopedia introduced its new integrated multi-domain payment platform in May 2021, which will enable all key in-vehicle payments, such as EV charging, parking, tolls, and fuelling.

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Key Segments

By Mode of Payment

  • NFC, QR Code/RFID
  • Apple- Wallet
  • Credit/Debit Card

By Application

  • Parking, Gas/Charging Stations
  • Shopping
  • Food/Coffee
  • Toll Collection
  • Others

By Region

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

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Insurtech Market Current and Future Trends, Leading Players, Segments & Regional Forecast 2022 to 2032

The insurtech market is anticipated to grow from a meagre market value of US$ 12.5 Bn in 2021 to a net worth of US$ 165.4 Bn in 2032. During the foreseeable period, a CAGR of 25.9% is expected, which is remarkable.

There is a high demand for general insurance plans offered by numerous organisations worldwide as a result of the general public’s growing awareness of the advantages of insurance policies. With the shifting economic landscape, insurance businesses have also grown their market presence by implementing digital insurtech or insurance technology infrastructure.

The ability of insurtech firms to provide customers with tailored plans has grown over the years of service and development of commercial insurance. The adoption of such technologies for consumer data collection and analysis by insurtech life insurance companies has increased the market’s appeal to businesses further.

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The market has become more fragmented and fiercely competitive as a result of the entry of numerous small, regional firms operating in various categories, such as insurtech vehicle insurance or insurtech house insurance companies.

By forming alliances and working together with banking and financial institutions to introduce new, specialised commercial insurance insurtech solutions, the majority of the important players are expanding their market share.

The business models of insurance providers around the world have changed as a result of the rapid digitization of all significant service sectors of the economy. The expansion of professional and consulting services offered to potential clients via online channels has called for the incorporation of insurance technology solutions, further boosting the growth of the global insurtech market.

According to the market survey report of the EIS group for Insurance companies, almost 59% of the companies were found to have increased their spending on establishing digital infrastructure. This includes a record proliferation of P&C insurtech companies in the global market.

Key Takeaways

  • As per the market analysis report, the absolute growth of the global insurtech market size in terms of value is predicted to be around US$ 148.8 Bn over the forecast years 2022 to 2032.
  • As the concept of insurtech insurance companies is expanding to new areas of service, the solution segment is growing at a faster rate than the service segment. The CAGR predicted for the solution segment is nearly 25.8% for the coming decade.
  • On the basis of various technologies adopted by life insurance tech companies, cloud computing has emerged to be the most attractive segment in the present market. The estimated growth of this segment over the forecast years is nearly 25.2%.
  • US market holds the dominant position in the global market for having the highest amount of insurtech capital, valued at about US$ 6 Bn in the year 2022. It is also the top-performing country with a CAGR of 25.6% that is predicted to reach the net worth of the regional insurtech market up to US$ 58.6 Bn by the end of this forecast period.

Competitive Landscape

The major players operating in the global insurtech market include Damco Group, DXC Technology Company, Majesco, Oscar Insurance, Quantemplate, Shift Technology, Trov Insurance Solutions, LLC, Wipro Limited, and Zhongan Insurance, among others.

  • One of the top insurance companies in the USA named, Universal Fire & Casualty Insurance Company, announced to accept cryptocurrency payments for premiums, starting a new business model for home insurance insurtech companies in the US market. Integration of such advanced digital facilities and blockchain technologies is expected to further boost the global insurtech market.
  • An automobile insurance company named Metromile also announced in December 2021 to accept cryptocurrency from its customers to pay their premiums and claim payments. This new development is anticipated to give way to some new opportunities in the domain of insurtech car insurance services in the coming days.

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Key Segments

By Offering

  • Solution
  • Service

By Deployment Model

  • On-premise
  • Cloud

By Technology

  • Artificial Intelligence
  • Cloud Computing
  • Blockchain
  • Big Data & Business Analytics
  • IoT
  • Others

By End User

  • Life & Health Insurance
  • Property and Casualty (P&C) Insurance

By Application

  • Product Development & Underwriting
  • Sales & Marketing
  • Policy Admin Collection & Disbursement
  • Claims Management

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Embedded Finance Market Analysis, Future Growth, Segmentation, Competitive Landscape, Key Trends & Forecast 2022 to 2032

According to the market report by Future Market Insights (FMI), the embedded finance market is forecasted to reach a net value of US$ 248.4 Bn in 2032, going up from US$ 43 Bn in 2021. It is estimated that the market can register a robust CAGR of 16.4% over these forecast years.

Incorporating banking software directly into the online websites of retailers or any company has surfaced in the form of embedded financial services in the global market. Many online retailing websites of various products and services or e-commerce platforms are incorporating this solution for the convenience of their customers.

Application technological development or API solutions have replaced the previously deployed online purchases that were time consuming and required a higher amount of investment.

The easiness of doing business through embedded banking systems has resulted in greater customer retention and higher profit-making. Embedded finance as an attractive option in the global market.

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Improving economic condition and level of digital literacy among the general mass of particularly developing countries has increased the number of internet connections and traffic over e-commerce websites. This surge in demand for online purchases is anticipated to drive the global embedded finance market over the coming years indirectly.

“The volume of online money transactions has increased exponentially in the past years. Many enterprises are deploying online stores and e-commerce websites for vending their products and services over online channels. This shift in business model has necessitated the use of embedded services, making it an attractive market for many embedded finance fintech companies.”

Innovations in banking technology such as unified payment systems (UPI) and mobile payment apps are expected to have a major impact on the embedded finance market forecast. Also, the security challenges and data privacy issues are anticipated to hamper the growth rate of the global market for some more years ahead.

Key Takeaways

  • The global embedded finance market size is estimated to be not worth US$ 54.3 Bn in 2022 and can witness a growth of US$ 194.1 Bn in absolute dollars until the end of this forecast time period.
  • Among the different types of services provided by the global embedded finance market, the embedded banking services sector is poised to be the highest growing segment, with an estimated CAGR of 16.2% during the forecast timeframe.
  • Investment banks and investment companies are the top revenue-generating segments for the embedded finance fintech. This segment is predicted to witness a robust CAGR of 16.2% over the forecast years.
  • North America is the dominating region for embedded financial services, with the USA contributing more than 35% of the total revenue generated. The total net worth of the USA embedded finance market is predicted to be valued at about US$ 89 Bn in the year 2032.
  • The Asia Pacific follows North America in terms of growth rate in embedded financial services that have some emerging economies contributing significantly to the global market. China is the top-performing country with an overall valuation of US$ 17 Bn by the end of 2032.

Competitive Landscape

The major players operating in the global embedded finance market include Bankable, Banxware, Cross River, Finix, Flywire, Marqeta, RailsBank, Openpayd, Plaid, and Q2.

Almost all financial institutions have started providing embedded services along with the dedicated embedded finance fintech companies that have made the global embedded financial market highly competitive than ever before.

Some of the major strategies adopted by the top players in the market include the provision of innovative services such as embedded lending at the point of sale (PoS) for attracting retail customers.

In recent years inclusion of embedded insurance premiums has created great opportunities for the market growth of embedded finance service providers. The estimated value of insurance premiums contributed to the market through embedded financial services was around US$ 3.8 Bn in the year 2021. Integration of such new services is expected to boost the global embedded finance market.

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Key Segments

By Type:

  • Embedded Banking
  • Embedded Insurance
  • Embedded Investments
  • Embedded Lending
  • Embedded Payment

By End User:

  • Loans Associations
  • Investment Banks & Investment Companies
  • Brokerage Firms
  • Insurance Companies
  • Mortgage Companies

By Region:

  • United States
  • Canada
  • Austria
  • Germany
  • France

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Water Softener Market Covering Gross Margin, Market Share and Revenue from 2022-2032

The water softener market is probably going to ascend to US$ 3.1 Billion out of 2022. The water softener market is expected to arrive at US$ 6.9 Billion with a CAGR of 8.3% by 2032.

Water softener is primary filtration units used for conversion of hard water to soft water. The water softeners eliminate calcium and magnesium present in the water by chemical and physical methods in a controlled way to reduce the ill effects of the hard water over the end-use application. The hard water is converted into soft water by different processes such as ion exchange, distillation, and reverse osmosis. The ion exchange method is the most effective way of softening hard water but requires higher resources to per unit soft water output over other techniques.

The water softener market is mainly based on the regions of hard water presence. The global water softener market is expected to be dominated by North America resulted in large population present in the hard water affected region. The household segment is expected to see a high demand over the forecast period owing to the penetration of the same into the developing regions. 

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The water softener market is segmented on the basis of type, process, and end-use.On the basis of type, the water softener market is segmented into electric and manual. The electric segment is expected to dominate the global water softener market owing to its higher efficiency and added functionalities. The manual segment is expected to see substantial demand in the low-income regions owing to its lower price than electric water softener segment.

On the basis of process, the water softener market is segmented into ion exchange, distillation, and reverse osmosis. The ion exchange segment is expected to dominate the global water softener market owing to its higher efficiency. The reverse osmosis segment is expected to see healthy growth owing to its competitive pricing and lesser resource requirement per unit output making a sustainable option in residential hard water treatment.

On the basis of end-use, the water softener market is segmented into residential, commercial and industrial. The residential segment is expected to dominate in terms of volume share over the forecast period owing to its larger consumer base. The higher price point of the commercial water softener is expected to witness substantial value share over the global water softener market.

Water Softener Market: Region-wise Outlook: 

The Asia Pacific is expected to see faster growth rate over the forecast period owing to its rapidly increasing population in urban cities which is turning groundwater hard rapidly. The Latin America region is expected to also capture a substantial share over the forecast period. North America and Europe to witness steady growth rates owing to its market maturity level. The Middle East and Africa to also witness healthy growth rates owing to increasing HoReCa sector and urbanization.

Water Softener Market: Drivers and Restraints: 

The global water softener market is expected to be driven by the increasing awareness over the ill effect of hard water on regular usages. The internet of things has let open new geographies for water softener market in developing regions. With regular investment into research and development of water softener technology manufacturers have produced more efficient and less resource consuming water softeners. This is anticipated to increase demand for residential water softener kits, globally. The increasing population in the urban arrangements hasincreased water stress leading to the increased hardness of the groundwater which is expected to increase demand for water softeners in such regions over the forecast period.

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Water Softener Market: Key Players: 

The global player for the Water softener market are Culligan International Company, Fleck Systems, GE Appliances (Hair Co.), Morton (K+S Group), NuvoH20, LLC. , Watercare Softeners Ltd., and Kinetico UK Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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