Cloud Workload Protection Market Surges: Revenues to Skyrocket to US$ 25.9 Billion by 2032

The market for cloud workload protection is expanding exponentially, with projected sales of an amazing $2,918.0 million in 2021. According to the most recent study, this market is expected to develop at an astounding compound annual growth rate (CAGR) of 22.1% between 2022 and 2032, reaching a whopping $25,868.9 million by that time.

According to Future Market Insights, the market for cloud workload protection will develop over the next several years due to a rise in demand for centralised data protection of cloud solutions as well as an increase in demand for safe and secure data.

In addition, it is anticipated that the market for cloud workload protection would be driven by the increasing use of multi-cloud strategies for performance enhancements and the need for programmed functions, which will provide cloud workload protection platform suppliers appealing growth opportunities.

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Moreover, large enterprises are adopting cloud workload protection platforms and services on a larger scale to keep up with the compliance requirements while ensuring data security. Automation for data backup, prevention of data loss with reduced security concerns are some key benefits offered by cloud protection platforms fueling the adoption in SMEs.

Key Takeaways: Cloud Workload Protection Market

  • By solution, the cloud workload protection platform segment is anticipated to account for the leading share in the global demand for cloud workload protection during the forecast period.
  • The services segment is estimated to grow at a robust CAGR of 19.7% through 2032.
  • Among the enterprise size, SMEs segment is estimated to grow by 8.5X during the forecast period.
  • By industry, the IT & telecom segment is anticipated to increase at a CAGR of 25.5% between 2022 & 2032.
  • North America region is dominating cloud workload protection market followed by Europe region in 2022.
  • South Asia & Pacific is estimated as the fastest growing region during the forecast period.
  • The cloud workload protection market in U.S. is expected to progress at a CAGR of around 18.0% through 2032.
  • In India, the cloud workload protection market is expected to grow by 13.18X during the forecast period.
  • Cloud workload protection market in China is estimated to witness the absolute opportunity of US$ 1,871.7 Million in the forecast period.

Drivers and Opportunities:

This meteoric rise can be attributed to several key factors. Firstly, a substantial shift in organizational priorities has fueled the adoption of cloud workload protection solutions, highlighting the growing importance of cybersecurity in an increasingly digital world.

Additionally, the adoption of multi-cloud infrastructure solutions has surged, necessitating robust cloud workload protection to safeguard critical data and assets across various platforms. Workload protection systems have proven instrumental in seamlessly integrating security into an organization’s devOps operations, reducing complications, and enhancing overall efficiency.

During the challenging COVID-19 crisis, industries such as banking and manufacturing have spearheaded the expansion of the Cloud Workload Protection Platform (CWPP) industry. Vendors have responded by intensifying efforts to integrate bare metal hypervisors, offering enhanced visibility and improved virtual machine management to users.

However, it’s worth noting a significant challenge within the landscape – the relatively scant documentation and understanding of Linux threats concerning cloud workload security. This knowledge gap necessitates heightened efforts within the industry to integrate diverse security mechanisms, with a focus on research and development activities. Developers and engineers are now actively participating in security procedures, automating processes with lightweight agents that prioritize cloud infrastructure and application performance.

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Competitive Landscape – Regional Trends:

In this fiercely competitive landscape, businesses are striving to benchmark themselves against industry peers, aiming to stay ahead in the Cloud Workload Protection Market. Regional trends indicate that the market’s growth is not limited to specific geographical regions, emphasizing its global appeal.

Restraints:

Nevertheless, amid this remarkable growth, certain limitations and restraints must be acknowledged. These include the imperative need for industry players to grapple with the ever-evolving nature of cybersecurity threats and the continuous development of sophisticated attack vectors. As the market expands, keeping pace with these challenges remains paramount.

Region-wise Insights – Category-wise Insights:

Region-wise, the Cloud Workload Protection Market is poised for substantial growth across the globe, offering opportunities for businesses to tap into different markets. Category-wise insights reveal the diverse applications and solutions within this dynamic market, catering to a wide array of cybersecurity needs.

Cloud Workload Protection Market by Category

By Solution:

  • Cloud Workload Protection Platform
    • Cloud-based
    • On-Premises
  • Services
    • Professional Service
        • Consulting Services
        • Support and Maintenance
        • Training and Education
    • Managed Services

By Enterprise Size:

  • Small and Mid-Sized Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • BFSI
  • Government
  • IT & Telecom
  • Retail
  • Manufacturing
  • Media & Entertainment
  • Healthcare
  • Others

By Region:

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

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Packaged Currants Market Set to Grow to US$ 1.2 Billion by 2033 with a Predictable 4.8% CAGR

The Packaged Currants Market is witnessing steady growth as consumer awareness regarding the health benefits of these small yet potent berries continues to rise. Currants, rich in antioxidants, vitamins, and fiber, have gained popularity among health-conscious individuals seeking nutritious and versatile food options. Packaged currants, available in dried, frozen, and freeze-dried forms, cater to the convenience-seeking segment.

The global packaged currants market is expected to be worth US$ 979 million in 2023 and US$ 1.2 billion in 2033. Demand for packaged currants is expected to record a steady 4.8% CAGR, with the United Kingdom, the United States, China, and India becoming key producers.

Market Growth is expected to be Fueled by a rise in Online Shoppers

Market growth is expected to be sped up by the growing number of people who shop online. The product is used as a food supplement and for medical purposes, which is expected to drive market growth. It’s easy to find online, and buying it only takes a few steps. Also, the product can be used to replace fresh fruits. The product can improve cardiovascular health and lower the risk of stroke and high blood pressure. Such benefits are expected to speed up the market’s growth. It’s also used to treat skin problems like psoriasis, acne, and others. It helps treat obesity and arthritis. The growth of the packaged currants market is expected to be boosted by these factors in the coming years.

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Higher Demand for Packaged Food Products

Market growth is expected to be boosted by the growing demand for packaged food products around the world. The product is widely used to help people lose weight and get other health benefits. It is used to relieve digestive problems like constipation. The product is also used to strengthen muscles and treat stress, depression, and anxiety. The product is widely used in jams, cakes, and other foods. Market growth is expected to be sped up by the high demand for treatments for diseases like chronic cough and others. The market is expected to grow because people are becoming more aware of how important it is to keep their collagen levels up and their spending power is growing. Also, the product is used to strengthen the immune system and lower the risk of cancer cells forming. The packaged currants market is expected to accelerate in the coming years due to these factors.

Key Takeaways

  • The trend of consumers seeking out organic and natural products has extended to packaged currants, leading to a rise in demand for organic and natural options in the market.
  • As busy lifestyles continue to dominate, consumers are increasingly seeking out on-the-go snacking options. This has led to an increase in demand for snack packs and portion control packaging, providing convenience and portion control.
  • Currants are gaining popularity as versatile ingredients, which has increased demand for packaged currants in various food and beverage applications, including baked goods, jams, jellies, and smoothies.
  • Companies are leveraging the power of technology and e-commerce channels to market and distribute their packaged currants, enabling them to reach new audiences and increase sales.
  • Currants are being used for their various health benefits, which has led to an increase in demand for packaged currants in traditional medical applications.
  • Companies are becoming more conscious of the impact their packaging has on the environment and are therefore investing in eco-friendly packaging materials, such as biodegradable and recyclable options, to meet this growing demand.

Competitive Landscape

The competitive landscape in the packaged currants market is characterized by huge established players and surging startups.

Established players in the market have strong brand recognition and a loyal customer base. They have well-established distribution networks, wide product portfolios, and significant financial resources. A few prominent players in the market include Ocean Spray Cranberries Inc., Suterra LLC, and Sun-Maid Growers of California.

Startups in the packaged currants market are entering the market with innovative products and business models. They are leveraging advances in technology and packaging to create new products and reach new customers. Startups are also focused on meeting the changing preferences of consumers, such as the demand for organic, natural, and functional packaged currants. Some of the startups in the market include Little Red Dot Kitchen, Berry Joe, and Rubies in the Rubble.

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Key Segments

Product:

  • Blackcurrant
  • Redcurrant

Application:

  • Online Sales
  • Offline Sales

Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 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
For Sales Enquiries: 
sales@futuremarketinsights.com
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Global Cholesterol API Market Set to Surge, Projected to Reach US$ 445.3 Million by at a 4.7% CAGR

Cholesterol API Market
Cholesterol API Market

The global cholesterol Active Pharmaceutical Ingredient (API) market is anticipated to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2033, when it is valued at US$ 280.6 million. By 2033, the global market for cholesterol-related APIs is expected to be worth US$ 445.3 million. Leading the market, animal-derived sources accounted for over 52.38% of the market in 2022.

In the pharmaceutical sector, cholesterol-lowering active pharmaceutical ingredients (APIs) are essential components used in the creation of drugs for controlling blood cholesterol and associated cardiovascular diseases. The need for cholesterol-lowering drugs and associated APIs is predicted to rise as the prevalence of cardiovascular illnesses continues to rise globally due to factors like aging populations, bad eating habits, and sedentary lifestyles.

Fighting the Increase of Heart Disease:

The primary driver of this market expansion is the increasing global prevalence of cardiovascular diseases (CVDs). One of the main risk factors for CVDs, such as heart attacks and strokes, is high cholesterol. The need for efficient cholesterol-lowering drugs and, by extension, cholesterol APIs, is predicted to grow as more people become aware of this connection.

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Growth in Cholesterol-Lowering Drugs is Driven by Innovation:

Significant progress has been made in the development of medications that decrease cholesterol in recent years. Regulatory bodies have authorized novel medication classes, including selective cholesterol absorption inhibitors, bile acid sequestrants, and PCSK9 inhibitors. Clinical trials using these medications have shown encouraging results in reducing LDL (bad) cholesterol levels. The need for the APIs that enable these drugs is fueled by this innovation in pharmaceuticals.

Government Programs Encourage Control of Cholesterol:

The increasing prevalence of CVDs is being actively addressed by governments and healthcare institutions around the world. Programs for screening for cholesterol, public awareness campaigns, and attempts to increase accessibility for cholesterol-lowering drugs are among the initiatives. The demand for cholesterol APIs has surged as a direct result of these initiatives.

Competitive Landscape:

There are many different firms in the highly fragmented worldwide cholesterol API market. In order to address the increasing demand from consumers and broaden their clientele, these businesses are employing several tactics such mergers and acquisitions, joint ventures, cooperative efforts, and the introduction of new products.

The following are a few recent changes in the worldwide cholesterol API market:

Sanofi Consumer Healthcare Korea and AB-BIOTICS collaborated in June 2023 to launch probiotics in South Korea that have benefits beyond enhancing intestinal health. Assisting people in controlling their cholesterol levels is its main goal. The Ministry of Food and Drug Safety has approved it as the first probiotic product. The South Korean market is renowned for being more open to using probiotics for a range of medical applications.

ProBiotix Health introduced a dual-action cholesterol pill in May 2023. This novel tablet lowers the absorption of dietary cholesterol while simultaneously assisting the liver in removing cholesterol from the bloodstream.

  • In May 2022, Sun Pharma revealed that its fully-owned subsidiary is going to soon introduce a new oral medication called Bempedoic Acid in India. This drug is specifically designed to lower low-density lipoprotein (LDL) cholesterol levels. The subsidiary plans to market the drug in India using the brand name Brillo.
  • The US Food and Drug Administration approved Regeneron Pharmaceuticals, Inc.’s Evkeeza in February 2021 to be used in conjunction with other treatments aimed at lowering low-density lipoprotein cholesterol (LDL-C) levels. Notably, Evkeeza is the first FDA-approved medication that binds to and inhibits the function of angiopoietin-like 3 (ANGPTL3), an essential protein involved in the metabolism of lipids.
  • The signing of an R&D collaboration agreement to strengthen their position in the field of lipid nanoparticles (LNP) formulations was announced by CordenPharma and Wacker in December 2021.
  • Centrient Pharmaceuticals, a top supplier of sustainable antibiotics and next-generation statins, began producing its innovative statins manufacturing facility in June 2021. To help satisfy the increasing demand for Rosuvastatin and Atorvastatin APIs, the business plans to quadruple its statin production capacity.

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Key Market Players

  • Merck KGaA
  • Cayman Chemical Company (Matreya)
  • CordenPharma
  • Croda International Plc (Avanti)
  • NOF (Nippon Oil & Fats) Corporation
  • Nippon Fine Chemical Co. Ltd.
  • Akums Drugs & Pharmaceuticals Ltd
  • Tokyo Chemical Industry Co., Ltd.
  • Evonik Industries AG
  • Dishman Group
  • Hänseler AG
  • Caesar & Loretz GmbH
  • Fisher Scientific Co, LLC (Thermo Fisher)

Cholesterol API Market Outlook by Category:

By Source:

  • Animal Derived
  • Plant Derived
  • Synthetic

By Manufacturing Process:

  • GMP
  • Non – GMP

By End User:

  • RNA Vaccines
  • Monoclonal Antibodies
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • 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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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DNS Security Market Set for Rapid Expansion: Global Revenue Expected to Reach US$ 3,120.8 Million by 2033

In 2023, the global DNS security market demonstrated its robust growth, with total revenues soaring to an impressive US$ 1,388.8 Million. This impressive figure reflects the market’s resilience and potential in safeguarding digital assets against evolving cyber threats.

The DNS security market is poised for exponential expansion, with projections indicating a remarkable surge to US$ 3,120.8 Million by 2033. This anticipated growth represents a formidable Compound Annual Growth Rate (CAGR) of 8.4% from 2023 to 2033. These figures underscore the critical role DNS security plays in today’s digital landscape, and the market’s trajectory suggests continued vitality in the years to come.

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Key Takeaways: DNS Security Market

  • DNS Security Market Soars: The global DNS security market recorded a substantial revenue of US$ 1,388.8 Million in 2023, showcasing its robust growth and importance in the digital era.
  • Exponential Growth Forecasted: Projections indicate that the DNS security market is on track for remarkable expansion, with an anticipated value of US$ 3,120.8 Million by 2033, driven by a solid CAGR of 8.4% from 2023 to 2033.
  • Drivers of Growth: The market’s success is propelled by the increasing reliance on digital platforms, the surge in cyber threats, and the expanding attack surface due to IoT and remote work, emphasizing the need for advanced DNS security solutions.
  • Global Competition and Innovation: The competitive landscape of the DNS security market is marked by innovation and strategic partnerships, with North America leading the way in market adoption.
  • Challenges and Limitations: Despite its growth, the market faces challenges such as integration complexities and budget constraints, which must be addressed to maximize its potential.

DNS Security to Help Organizations Secure Remote Workforce

For business continuity reasons, several organizations have adopted the work-from-home culture. Numerous employees are working from home and using laptops and personal devices to access organizations’ network that contain the company’s sensitive and important data.

This has created a need to protect enterprise networks against firewall intrusions and leak of critical business data. DNS security allows productivity network operations such as file or data sharing, emailing, and web browsing to be performed with protecting the company’s networks from DNS cyber-attacks and threats. Also, it provides real-time protection against all types of DNS attacks and cyber-attacks, including DDoS attacks. Hence, to protect networks while remote working, there is a need for high adoption of DNS security solutions.

More Valuable Insights on DNS Security Market (segment-wise)

Future Market Insight’s report on the DNS security industry research is segmented into five major sections – Deployment Mode (on-premise DNS security software, cloud-based DNS security software), Enterprise Size (large enterprises and Small and Mid-sized Enterprises (SMEs)), Industry (IT & Telecom, Retail, Government, Healthcare, BFSI, Manufacturing and Others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the DNS security demand outlook.

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Global DNS Security Market Outlook by Category

By Deployment:

  • Cloud-based DNS Security Software
  • On-premises DNS Security Software

By Enterprise Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

By Industry:

  • IT & Telecom
  • BFSI
  • Healthcare
  • Manufacturing
  • Retail
  • Government
  • Others

By Region:

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

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Clean Room Panels Market for Remarkable Growth, Expected to Reach US$ 945.9 Million by 2033 at a 12.4% CAGR

Clean Room Panels mrket
Clean Room Panels mrket

The global clean room panels market will be valued US$ 293.5 million in 2023 and grow at a compound annual growth rate (CAGR) of 12.4% to reach US$ 945.9 million by 2033. Growth is associated with an increase in the market for sterilized pharmaceutical formulations.

For a number of industries, including biotechnology, electronics, healthcare, and pharmaceuticals, clean room panels are essential to the upkeep of regulated environments. Assuring the integrity and caliber of delicate procedures and goods, these specialty panels offer structural integrity, thermal insulation, and contamination control inside clean room facilities. The market for clean room panels is expected to develop significantly as the need for clean room solutions grows on a global scale. This demand is being driven by increased awareness of contamination concerns, stricter regulatory requirements, and technologies.

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Key Highlights:

  • Essential Component of Clean Room Infrastructure: Clean room panels serve as fundamental building blocks for constructing clean room facilities, providing essential features such as controlled air filtration, temperature regulation, and particle containment. These panels are designed to meet stringent cleanliness and safety standards, ensuring compliance with regulatory requirements and industry best practices across diverse applications.
  • Diverse Applications Across Industries: The applications of clean room panels extend across a wide range of industries and sectors, including pharmaceutical manufacturing, semiconductor fabrication, biotechnology research, and healthcare facilities. Clean room environments are essential for processes such as sterile production, electronics assembly, precision machining, and laboratory testing, driving demand for high-performance clean room panel solutions.
  • Technological Advancements Driving Market Innovation: Ongoing advancements in clean room panel technology, including modular construction methods, advanced materials, and integrated monitoring systems, are driving market innovation and product development. Innovations such as prefabricated clean room panels, flexible wall systems, and energy-efficient designs are enhancing the efficiency, flexibility, and sustainability of clean room facilities, meeting the evolving needs of industry stakeholders.
  • Focus on Regulatory Compliance and Quality Assurance: Compliance with regulatory standards and quality assurance requirements is paramount in the clean room industry, driving demand for reliable and certified clean room panel solutions. Manufacturers are investing in rigorous testing, validation, and certification processes to ensure the performance, reliability, and safety of clean room panels, addressing the stringent requirements of regulatory agencies and industry standards organizations.

Market Motivators

  • The strict rules and requirements regulatory organizations have placed on sectors push the adoption of clean room panels.
  • Cleanroom facilities are in higher demand as consumer knowledge of contamination prevention and product safety grows.
  • The growth of the healthcare and pharmaceutical industries is accelerating.

Key Takeaways 

  • The biotechnology and pharmaceutical industry segment, in the end, user category to grab a share of 38.8% from 2023 to 2033.
  • In the product type category, the ceiling panel segment to acquire a market share of 47.7%between 2023 and 2033.
  • The United States clean room panels business to acquire a share of 31.3% by 2023.
  • The Germany clean room panels industry to grab a share of 7.8% by 2023.
  • Japanese clean room panels industry to hold a share of 5.5% by 2023.
  • Australia clean room panels industry to acquire a share of 12.0% by 2023.
  • Chinese clean room panels sales to expand at a CAGR of 17.3% through 2033.
  • India clean room panels sales to develop at a CAGR of 6% from 2023 to 2033.
  • North America clean room panels business to grab a market share of 37.6% through 2033.
  • Europe clean room panels market to grab a market share of 25.3% by 2033.

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Competitive Landscape:

Some of the key participants present in the global clean room panels market include Terra Universal Inc., AES Clean Technology, Inc., PortaFab Corporation, MRC Cleanrooms, Pacific Panels Inc., Metecno Ltd., American Cleanroom Systems, Fabtech Technologies International Ltd., and Crane Composites, Inc., CGC Inc., among others.

Due to the presence of such a high number of participants, the market is highly competitive. While global players such as Terra Universal Inc., AES Clean Technology, Inc., and PortaFab Corporation account for a considerable market size, several regional-level players also operate across key growth regions, particularly in North America

Key Segments:

By Product Type:

  • Wall Panels
  • Ceiling Panels
  • Door Panels
  • Window Panels
  • Floor Panels

By End Users:

  • Biotech & Pharmaceutical Industry
  • Food Industry
  • Electronics & Semiconductor Industry
  • Life Science and Medical Device Manufacturing
  • Research Institutes & Laboratories
  • Optical Industry
  • Hospitals
  • Other End Users

By Region:

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

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Product Analytics Software Market: Surges to US$ 12.9 Billion in 2022, Propelling Towards a Projected US$ 45.2 Billion by 2032

The market for product analytics software is expected to grow at a compound annual growth rate (CAGR) of 13.3% and reach US$ 45.2 billion by 2022. By 2022, the industry is expected to bring in $12.9 billion in revenue.

Product analytics software is in high demand across many different industries, including manufacturing, automotive, healthcare, energy & utility, government, and retail. This is because the software provides vital data that can be used to identify issues, maximise efficiency, and link consumer behaviour to long-term value. For instance, the Departments of Energy (DOE), Health and Human Services (HHS), and Veterans Affairs (VA) launched a new big data analytics initiative in 2020 to organise and distribute COVID-19 data.

The rising penetration of big data technologies, cloud computing, and other advanced technologies has prompted product analytics software providers to transform services to a whole new level. The cloud-based segment is likely to offer remunerative opportunities for the global product analytics software market.

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Key Takeaways from the Market Study

  • By offering, the software segment is expected to record a 13.2% CAGR by 2032
  • By deployment type, the cloud-based segment to expand at a 12.7% growth rate during the forecast period
  • The U.S market to garner US$ 15.7 Billion and record a 13.1% CAGR from 2022-2032
  • Market in China to procure US$ 3.4 Billion, expanding at a 12.8% growth rate during the assessment period

“Increasing concerns with respect to improving customer behavior management to deliver personalized recommendations of products to ensure market competitiveness, which will benefit the market in the forecast period.”

Competitive Landscape

Eminent players of the global product analytics software market include International Business Machines (IBM) Corporation, Alphabet Inc., Salesforce, Oracle Corporation, and SAP SE among others. Recent key developments among players include:

  • In May 2022, Salesforce introduced Tableau Cloud, which includes new innovations to boost productivity by delivering intelligent, powerful and easy-to-use analytical tools to help anyone uncover insights and confidently make data-driven decisions. An integral part of the Salesforce Customer 360, Tableau empowers customers to surface and gain actionable insights from all their trusted data, creating a single source of truth, accessible anytime, anywhere.
  • In December 2021, Oracle announced an agreement to acquire Federos. The acquisition extends Oracle Communications’ application portfolio by adding AI-optimized assurance, analytics, and automation solutions to manage the availability and performance of critical networks and systems, expanding its ability to deliver end-to-end network and service assurance.
  • In March 2022, IBM announced a first-of-its-kind partnership with Celonis, the global leader in execution management, to provide cloud-based solutions to support customers in the Asia Pacific. Celonis’ technology allows organizations to find and fix the hidden inefficiencies within their disparate system landscapes and determine, based on a real-time analysis of their data, precisely where change can be most effective.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global product analytics software market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Offering (Software, Service), by Solution(Web-Based, Mobile-Based) by Deployment Type(On-Premises, Cloud-based) by Enterprise size(Large enterprises, Small & Medium Enterprises(SMEs)  by Industry (Banking, Financial Services, and Insurance (BFSI), Media & Entertainment, Manufacturing, Automotive, Healthcare, Energy & Utility, Government, Retail, Others) by End User (Designers, Manufactures, Sales Professionals, Marketing Professional,  Finance & Risk Professional, Others), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

Key Segments Covered in the Product Analytics Software Industry Survey

By Offering:

  • Product Analytics Software
  • Product Analytics Services
    • Professional Product Analytics Services
    • Managed Product Analytics Services

By Solution:

  • Web-based
  • Mobile-based

By Deployment Type:

  • On-Premises
  • Cloud-Based

By Enterprise Size:

  • Large Enterprises
  • Small & Medium Enterprises

By Industry:

  • Banking, Financial Services, and Insurance (BFSI),
  • Media & Entertainment,
  • Manufacturing,
  • Automotive
  • Healthcare, Energy & Utility
  • Government
  • Retail
  • Other Industries

By End User:

  • Designers
  • Manufacturers
  • Sales Professionals
  • Marketing Professional
  • Finance & Risk Professional
  • Other End Users

By Region:

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

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Protein Purification and Isolation Market Continues Upward Trajectory, Projected to Reach US$ 24.76 Billion at a 10.6% CAGR

Global Protein Purification and Isolation Market
Global Protein Purification and Isolation Market

The global protein purification and isolation market is anticipated to grow at a moderate pace of 10.6% CAGR from 2023 to 2033, when it is projected to reach a market worth of US$ 9.03 billion by 2023. By 2033, it is projected that the market will have exceeded a valuation of US$ 24.76 billion.

Protein isolation and purification play pivotal roles in research and development across various disciplines, including basic science, biotechnology, and medicine. These procedures enable the separation of specific proteins from complex mixtures, facilitating the investigation of their structure, functions, and potential applications. As scientific advancements continue to drive demand for high-quality protein samples for research, diagnostics, and therapeutic development, the protein purification and isolation market is poised to experience robust growth.

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The industry for protein separation and purification is growing, but it faces a number of obstacles. During the purification process, achieving high purity and yield can be somewhat challenging due to the diversity and variability of protein structures. Because of their stability, solubility, or molecular interactions, some proteins are inherently challenging to purify. One more obstacle is the costly creation and implementation of intricate purification processes and tools. Research, development, and scaling up of purification processes can be expensive, especially for small biotech companies or university research groups. Long-term success in the protein purification and separation sector depends on resolving these problems through innovative technology, process optimization, and affordable solutions.

Key Takeaways from the Protein Purification and Isolation Market:

  • With a commanding market share of 31.9% in 2023, the United States solidifies its position as a leading protein purification and isolation industry player.
  • Germany holds a share of 6.8% in 2023, reflecting its presence and contribution to the protein purification and isolation industry.
  • Japan captures a share of 7.2% in 2023, indicating a strong market presence and growing demand for protein purification and isolation solutions in the country.
  • Australia exhibits a promising growth potential with a compound annual growth rate (CAGR) of 9.3% during the forecast period, showcasing increasing adoption of protein purification and isolation technologies in the country.
  • With an impressive CAGR of 16.5% during the forecast period, China signifies a booming protein purification and isolation market, reflecting high demand and significant growth opportunities in the region.
  • India presents a thriving protein purification and isolation market, projected to achieve a CAGR of 15.1% during the forecast period, highlighting a rapid adoption of these technologies in the country.
  • Protein interaction studies capture a substantial market share of 32.70% in 2023, indicating its significance and widespread adoption in various research and biotechnological applications.
  • Academic and research institutes dominate the market with a commanding 50.20% market share in 2023, reflecting their strong involvement and demand for protein purification and isolation techniques for various scientific studies and advancements.

Competitive Landscape for the Protein Purification and Isolation Market:

Protein purification and isolation market participants are attempting to increase their foothold by implementing tactics like new product launches, geographic expansion, mergers, acquisitions, and partnerships. For instance, in September 2021, GE Healthcare Life Sciences agreed to purchase BK Medical from Altaris Capital Partners, LLC, for USD 1.45 billion in cash. The deal was announced in December 2021.

In March of 2022, Thermo Fisher Scientific and Symphogen announced they would continue working together to supply biopharmaceutical R&D laboratories with platform workflows for quality monitoring and simplified characterization of complex therapeutic proteins. Thermo Fisher Scientific’s dominance in the protein purification and separation market is expected to be preserved thanks to this.

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Global Protein Purification and Isolation Market Key Players:

  • Merck KGaA
  • Thermo Fischer Scientific, Inc.
  • GE Healthcare Life Sciences
  • Qiagen NV.
  • Sigma-Aldrich Corporation
  • Agilent Technologies
  • Bio-Rad Laboratories, Inc.
  • Promega Corporation

Protein Purification and Isolation Market by Segmentation:

By Product:

  • Instruments
  • Consumables
  • Kits
  • Reagents
  • Columns
  • Magnetic Beads
  • Resins
  • Others

By Technology:

  • Ultrafiltration
  • Precipitation
  • Chromatography
  • Ion Exchange Chromatography
  • Affinity Chromatography
  • Reversed-Phase Chromatography
  • Size Exclusion Chromatography
  • Hydrophobic Interaction Chromatography
  • Electrophoresis
  • Gel Electrophoresis
  • Isoelectric Focusing
  • Capillary Electrophoresis
  • Western Blotting
  • Others

By Application:

  • Drug Screening
  • Biomarker Discovery
  • Protein-protein Interaction Studies
  • Diagnostics

By End Use:

  • Academic and Research Institutes
  • Hospitals
  • Pharmaceutical and Biotechnological Companies
  • CROs

By Region:

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

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

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Software-Defined Wide Area Network (SD-WAN) Market is Predicted to Increase at a 31.6% CAGR From 2022 – 2032

The software-defined wide area network market is poised to record a CAGR of 31.6% from 2022 to 2032. The software-defined wide area network market is likely to touch US$ 53.8 Billion by 2032 from US$ 3.4 Billion in 2022. Software-defined wide area network solutions are in high demand across all industries to manage complex and diversified network infrastructure at a cheap cost.

Software-defined wide area network solutions meet the cloud application’s requirements for increased bandwidth and low latency while optimising bandwidth. Software-defined wide area network streamlines network complications such as WAN network configuration, administration, and optimization, are some of the other factors expected to boost the software-defined wide area network market statistics.

Adopting the same is expected to bring about potential software-defined wide area network market growth opportunities.

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The demand for software-defined wide area network is increasing as firms rely heavily on the work-from-home effort as a result of the COVID-19 epidemic. Organizations are searching for innovative networking solutions to improve agility and security in order to support remote working.

The pandemic’s supply chain disruption is causing a short-term barrier, notably in the deployment of software-defined wide area network equipment. COVID-19 is predicted to have a favourable software-defined wide area network market trends. Due to supply chain interruptions, the software-defined wide area network market may see a little decline.

During the projected period, North America is estimated to have the biggest software-defined wide area network market share in the global software-defined wide area network market. Due to the large-scale installation of software-defined wide area network solutions by service providers and verticals in the nation, the United States has emerged as the largest country for software-defined wide area network market opportunities in terms of market size.

Large CSPs in the United States include AT&T, Sprint, T-Mobile, CenturyLink, and Verizon. To decrease CAPEX and streamline network operations, business sectors are using software-defined wide area network solutions in their core networks to positively affect the software-defined wide area network market future trends.

KEY TAKEAWAYS:

  1. In the United States, the software-defined wide area network market is estimated to reach US$ 19 Billion by 2032, increasing at a CAGR of 31.3% through 2032.
  2. The software-defined wide area network market in the United Kingdom is expected to be worth US$ 2.28 Billion by 2032, with a CAGR of 30.5% through 2032.
  3. China’s software-defined wide area network market is expected to reach US$ 3.9 Billion by 2032, with a CAGR of 30.9% through 2032.
  4. The market for software-defined wide area network in Japan is expected to be valued at US$ 3.2 Billion by 2032, expanding at a 29.9% annual rate through 2032.
  5. South Korea is expected to reach a market size of US$ 1.9 Billion in software-defined wide area network by 2032, with a CAGR of 28.9% through 2032.
  6. The software-defined wide area network market’s cloud segment form the deployment category is predicted to develop at a CAGR of 32.5% through 2032.
  7. Through 2032, large enterprises in the software-defined wide area network market’s organization size sector will grow at a CAGR of 33.2%.

COMPETITIVE LANDSCAPE:

Cisco, VMware, Silver Peak, Aryaka Networks, Nokia, Adaptiv Networks, Peplink, Lavelle Networks, Martello Technologies, Mushroom Networks, and Bigleaf Networks are key players and innovative providers in the worldwide SD-WAN industry.

To expand in the worldwide SD-WAN market, these companies have used a variety of organic and inorganic techniques.

These companies provide software-defined wide area network solutions to meet software-defined wide area network market demands and needs.

To extend their influence in the software-defined wide area network market trends, these vendors have used a variety of organic and inorganic growth tactics.

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RECENT DEVELOPMENT:

A couple of recent developments in software-defined wide area network market are as follows:

Aryaka announced a partnership with T-Systems Switzerland (part of Deutsche Telekom’s large-business section) for the Swiss business enterprise market in May 2020. T-Systems Switzerland will use the Aryaka SD-WAN solution for its clients in Metropolitan Area Network, Managed LAN, Unified Communications (UCC), and Network Security Services.

Cisco published a security fix for their SD-WAN solution’s vContainer in June 2019, which included a bug that might allow an attacker to establish a Denial of Service (DoS) situation.

HPE announced the acquisition of Aryaka Networks, a major vendor of SD-WAN technology, in July 2020. This purchase will significantly strengthen HPE’s position in the SD-WAN industry.

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Intravascular Imaging Market for Spectacular Growth, Projected to Reach US$ 656.29 Million at a 5.4% CAGR

Intravascular Imaging Market
Intravascular Imaging Market

The global intravascular imaging market would be valued US$ 387.8 million by 2023. By 2033, the market is probably going to reach US$ 656.29 million. The market is anticipated to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2033.

Intravascular imaging technologies are essential for the diagnosis and treatment of cardiovascular illnesses because they provide important information on the anatomy and physiology of blood vessels to medical professionals. The need for intravascular imaging solutions is anticipated to increase as the prevalence of cardiovascular conditions, including diabetes and hypertension, atherosclerosis, and coronary artery disease, continues to rise globally due to factors like aging populations, sedentary lifestyles, and rising rates of risk factors like these.

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Key Highlights:

  • Advancements in Imaging Technology: Ongoing advancements in intravascular imaging technology, including intravascular ultrasound (IVUS), optical coherence tomography (OCT), and near-infrared spectroscopy (NIRS), are driving market growth and innovation. These imaging modalities provide detailed visualization of blood vessel anatomy, plaque morphology, and tissue composition, enabling precise diagnosis, treatment planning, and intervention guidance in cardiovascular procedures.
  • Clinical Benefits and Improved Patient Outcomes: Intravascular imaging technologies offer healthcare providers valuable diagnostic information and procedural guidance, leading to improved patient outcomes and reduced procedural complications. By providing real-time visualization of vascular structures and pathology, intravascular imaging facilitates accurate lesion assessment, stent sizing, and optimization of treatment strategies, enhancing the safety and efficacy of cardiovascular interventions.
  • Expansion of Indications and Applications: The expanding indications and applications of intravascular imaging technologies across a wide range of cardiovascular conditions, including coronary artery disease, peripheral vascular disease, and structural heart disorders, are driving market growth. Advances in catheter design, imaging software, and data analysis algorithms are expanding the utility and versatility of intravascular imaging solutions in clinical practice.
  • Focus on Minimally Invasive Interventions: The shift towards minimally invasive cardiovascular interventions is driving the demand for intravascular imaging technologies that enable precise lesion characterization and treatment planning. Intravascular imaging-guided procedures such as percutaneous coronary intervention (PCI), intravascular lithotripsy (IVL), and transcatheter valve replacement (TAVR) offer patients safer, more effective alternatives to traditional open surgeries, driving market adoption and growth.

Key Takeaways:

  • The United States is predicted to reach US$ 700 million by 2033.
  • The United States is predicted to increase at a 5.6% annual rate.
  • The intravascular imaging market in the United Kingdom is expected to reach US$400 million by the end of the forecast period.
  • China’s intravascular imaging industry is anticipated to be worthUS$850 million.
  • The intravascular imaging market in Japan is expected to develop significantly, reaching US$ 700 million by 2033.

“Due to the increased effectiveness of intravascular imaging methods for the diagnosis of blood vessel disease, broad adoption of intravascular imaging is expected to significantly increase the popularity of intravascular imaging while accelerating intravascular imaging revenue growth,” says an FMI analyst.

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Competitive Landscape:

In order to boost their chances of making sales abroad, the top companies in the intravascular imaging market are working to expand the reach of their products. Interregional and international market companies working together, merging and acquiring, and forming partnerships are also anticipated to encourage the growth of the intravascular imaging market share.

Some of the top key players in the intravascular imaging market include Acqiris, NIDEK CO. LTD., AGFA Healthcare, Aculight Carl Zeiss AG, Heidelberg Engineering Inc., Optopol, Sonostar Technologies Co.Ltd., OPKO Health, AlazarTech and others.

  • Siemens Healthineers implemented Luminos Impulse in September 2021, a fluoroscopy technology with an innovative layout and features shared by high-end fluoroscopy systems such as a seamless imaging chain, complete dose optimization, cybersecurity features, and detector-sharing capabilities for radiography.
  • Siemens Healthineers unveiled Somatom X.ceed in May 2021, a unique high-resolution, rapid speeds CT (computed tomography) scanner designed specifically for extremely demanding clinical applications where time and precision are critical.
  • Avinger Inc. announced the entire business launch of their TigereyeTM image-guided chronic total occlusion (CTO) crossing system in January 2021.

Segmentation Analysis of the intravascular imaging Market

By Product Type:

  • Instruments
  • Software

By Modality:

  • Handheld
  • Trolley Mounted

By End User:

  • Hospitals
  • Diagnostic Imaging Centers
  • Ambulatory Surgical Centers
  • Long Term Care Centers
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa

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

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
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T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
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Sales Enablement Platform Market Thrives: Surges to $2.4 Billion in 2022, Poised for $11 Billion by 2032

The global sales enablement platform market is projected to create an absolute dollar opportunity over the forecast period by registering a robust CAGR of 16.2% from 2022 to 2032. The global market is likely to exhibit a year-on-year increase of around 20%. The market totaled US$ 2.4 Billion in 2022 and is likely to propel to US$ 11 Billion by 2032. According to the historical analysis conducted by Future Market Insights, the global sales enablement platform market garnered a valuation of US$ 2 Billion in 2021. The current growth of the market is attributed to the growing support from various governmental organizations over the upcoming years.

Surging demand for sales enablement is attributed to its increased usage in various industries across the globe along with increasing investments by numerous companies. Furthermore, the emergence of the latest technologies such as Artificial Intelligence and machine learning is fueling the need for sales enablement among key enterprises in order to identify potential customers. Key market players are focusing on improving their growth opportunities which are expected to drive market growth across the assessment period.

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The rising deployment of advanced technology is used to promote manufacturing sales growth, effective planning, and improving the sales operation with the help of effective content. In addition to that, propelling the adoption of various cloud-based services such as Artificial Intelligence (AI) and Machine Learning (ML) for sales enablement platforms is expected to boost the demand for sales enablement platforms across the world. Sales enablement refers to the process through which the sales team efficiently processes data, information, resources, and other tools helpful in engaging and nurturing prospects across the journey of the buyers.

Key Takeaways

  • The rising penetration of mobile technology across the globe is able to efficiently enhance the growth of the sales enablement platform market. Moreover, increasing penetration of the internet and other communication devices is expected to augment the market growth.
  • Attributing to the changing buying behavior, it is vital to cater to the broad spectrum of consumers and offer them the right services. This, in turn, triggers the growth of the sales enablement platform market.
  • As per FMI analysis, the deployment model sector is predicted to account for remunerative opportunities for the global sales enablement platform market. Moreover, several developing economies are focusing on making significant developments in their technological budgets. These aforementioned factors are anticipated to offer lucrative opportunities to players in the market.
  • Owing to its cost-effectiveness and operational efficiency, the global sales enablement platform finds its utilization in all sizes of business organizations. Furthermore, many companies across the globe are rapidly adopting the sales enablement platform as it allows their sales and marketing teams to enhance their efficiencies in various areas like sales communication and training.
  • The global sales enablement platforms are designed primarily to assist organizations to reach high-potential prospects. They are deployed to increase the organization’s conversion rates and close high-value deals.
  • The sales enablement is specifically used for assisting clients to deploy the platform and design effective strategy and implementation. The platform is used to cater to the business-specific needs of organizations.
  • The expanding product portfolio and fulfilling demand of a particular consumer are likely to increase the growth of the sales enablement platform market over the assessment period.

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Competitive Landscape

A rising number of research activities and partnerships among prominent players all over the world is anticipated to augment the demand for the sales enablement platform market. Therefore, with the rising concern of increasing sales efficiency, the market is likely to witness notable opportunities for expansion in the forecast period. Moreover, the vendors are taking advantage of up-gradation and product differentiation to gain an edge over other competitors in the market.

Eminent players in the global sales enablement market are UPLAND SOFTWARE INC. SEISMIC HIGHSPOT BIGTINCAN MINDTICKLE and among others.

More Insights into the Sales Enablement Platform Market

North American region is anticipated to dominate the global sales enablement platform market by registering a CAGR of 16.0% from 2022 to 2032. The market is expected to garner revenue of US$ 3.9 Billion throughout the assessment period. The growth of the North American region is attributed to the presence of a modern technical hub in the region and the early adoption of technology.

Asia Pacific region is predicted to create lucrative growth opportunities by accounting for a 15.6% CAGR across the forecast period. China is predicted to have a significant contribution to the development of the market. The growth of the market can be attributed to the presence of evolving countries such as India, China, and Japan, among others. Key segments covered in the sales enablement platform market study as below:

Component:

  • Platforms
  • Services

Deployment Model:

  • On-Premises
  • Cloud-Based

Industry Vertical:

  • Manufacturing
  • Healthcare and Life Sciences
  • Media and Entertainment
  • IT and Telecom
  • BFSI
  • Other Industry Verticals

Region:

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

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

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

Contact Us:      

Nandini Singh Sawlani 

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