Residential & Commercial Smart Glass Market is Expected to Generate Huge Profits by 2028

Residential and commercial smart glass worth approximately US$ 15 billion will be sold by the end of 2028. Up from the market value attained in 2018, the global sales of residential and commercial smart glass are estimated to observe a substantial CAGR of over 15% during 2018-2028.

According to a new market study of Future Market Insights, the demand for residential and commercial smart glass will remain on a constant high over the coming years. The global residential and commercial smart glass market is currently receiving strong demand from the commercial sector. However, it is more likely that the demand for smart glass will gather momentum in the residential sector, in the near future. The report attributes this demand growth to increasing initial interest of buyers in residential and commercial smart glass, particularly for bungalows and luxury apartments.

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Energy Control & Other Clean Technology Initiatives to Boost Residential & Commercial Smart Glass Market Growth

Various initiatives for the clean technology and mostly related to energy conservation and sustainable use of energy is driving the customers to use different products which would serve the purpose. Also, these initiatives are compelling manufacturers of residential and commercial smart glass to invest heavily in the development of versatile products compatible for efficient energy consumption, besides basic functionalities of smart glass.

On the other side, residential and commercial smart glass solutions incur heavy initial expenditure that includes procurement as well as installation expenses. High procurement and maintenance expenses will remain longstanding challenges associated with the revenue growth of residential and commercial smart glass market. Moreover, though most residential and commercial smart glass solutions are dirt-proof and demand occasional cleaning, regular maintenance is required to keep these integrated technologies bug-proof, which further demands expensive regular maintenance. This is projected to have a restraining impact on the overall adoption rate of residential and commercial smart glass solutions.

Global Residential and Commercial Smart Glass Market Forecast

As far as the residential and commercial smart glass market is observed for indoor conference room, office privacy protection, shower room and product projection application, switchable PDLC (Polymer dispersed liquid crystals) residential and commercial smart glass are used the most.

By region, North America is anticipated to dominate the global residential and commercial smart glass market over the forecast period. North America residential and commercial smart glass market, is expected to be followed by Europe residential and commercial smart glass due to the high percentage of luxurious homes and other commercial building in the region.

In terms of growth rate SEA & others of APAC has the highest CAGR in the residential and commercial smart glass market, followed by China and Latin America residential and commercial smart glass market, which also have a good growth rate compared to the other regions in the market.

The market for the residential and commercial smart glass market is segmented on the basis of end-user, technology type and regions. The end–user segment in the residential and commercial smart glass market is further divided into residential and commercial segments. The residential segment is then further divided into smart windows & doors, smart glass partitions, smart shower glass, and smart glass walls. The commercial sector is further segmented into commercial buildings, architectural use, automobiles, aircraft, marine, consumer electronics and others.

As per the technology type segment the residential and commercial smart glass market is segmented into Electrochromic, Thermochromic, Photochromic, Suspended Particle Device, and Liquid Crystal. The residential and commercial smart glass market is also divided as per building type in the residential segment.

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Residential and Commercial Smart Glass Market: Segmentation

On the basis of end user, the global residential and commercial smart glass market has been segmented into:

  • Residential
  • Commercial

On the basis of technology type, the global residential and commercial smart glass market has been segmented into:

  • Electrochromic
  • Thermochromic
  • Photochromic
  • Suspended Particle Device
  • Liquid Crystal

About Future Market Insights (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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Non PVC Plasticizers Market- Global Revenue Growth Expectations in the Near Future

Worldwide demand for non-PVC plasticizers is witnessing a sheer proliferation in line with rising end-user inclination for cost-effective & reliable additives. The non-PVC plasticizers market is estimated to witness sales growing at a CAGR of over 3.5% through 2026, as per the latest research study by Future Market Insights (FMI).

According to the FMI report, non-PVC plasticizers sales remain highly influenced by a cohort of factors, ranging from burgeoning investments in healthcare arena to rising demand for advanced solutions across multiple end-use verticals. Among all product types in the non-PVC plasticizers market, end-users will shift their preferences for benzoate plasticizers during the forecast period. This buoyancy can be attributed to ability of benzoate plasticizers to offer expanded performance utility over any other product types.

As per the FMI research study, demand for non-PVC plasticizers will witness exponential growth in manufacturing of medical products by 2026. Plasticizers will continue to be highly sought-after in order to attain the appropriate level of flexibility and softness. Some of the products in the medical products space, including bags, gloves, and tubing, are likely to register substantial demand for Non-PVC Plasticizers in the forthcoming years. While the demand of non-PVC plasticizers for medical products is estimated to witness 1.4X growth, tubing is likely to create notable incremental $ opportunity by 2026 end.

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Similar to cases of all medical devices, medical equipment with plasticizers is subjected to uncompromising pre- as well as post-market evaluation processes for ensuring safety & performance, unveils the FMI report. In response to the aforementioned, manufacturers in the non-PVC plasticizers market are making their products undergo rigorous examination, with an objective of boosting end-user confidence and repeating sales.

As per the FMI analysis, China is likely to flourish and capture a significant position, both in value and volume projections, in the global non-PVC plasticizers market for application market in 2019 and the status quo is unlikely to change during the assessment period. Rapid growth in the pharmaceutical, healthcare, and personal care spaces are among the prime factors favouring growth of non-PVC plasticizers market.

However, ambiguities over use of plasticizers will continue to dent end-user confidence, thereby challenging growth of non-PVC plasticizers market. Phthalates, holding nearly 57% share in the overall non-PVC plasticizers market, remain one of the widely-used ones across multiple applications. Though Phthalates offer multiple advantages, they do carry the risk of various adversities with respect to health and environment. In line with this, stringent and uncompromising regulations would restrict the use of non-PVC plasticizers, deterring growth of non-PVC plasticizers by a certain extent.

According to the FMI analysis, leading manufacturers operating in global non-PVC plasticizers market are focusing on commercialization of products that comply with international certifications and regulations- a key to consolidation in the global market space. In addition, the key manufacturers are also vying to expand customer bases across key countries of Asia Pacific, a region with promising in terms of sales of non-PVC plasticizers. The participants of the non-PVC plasticizers market also remain involved in differential business models and strategies, such as strategic mergers and acquisitions, with an objective of amplifying their reach and cementing their position across multiple regions.

The report features some of the leading manufacturing companies operating in non-PVC plasticizers market, such as Exxon Mobil Corporation, LG Chem Ltd., BASF SE, Evonik Industries AG, Nan Ya Plastics Corporation, Eastman Chemical Company, Arkema Group, UPC Group, Hanwha Chemical Co., Ltd., Ferro Corporation, and others.

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Key Segments

By Product type

  • Phthalates
  • Trimellitates
  • Tetrapthaletes
  • Aliphatic
  • Cyclohexanoates
  • Benzoates

By Application

  • Paints & Coating
  • Rubber Products
  • Adhesive & Sealant
  • Personal Care Product
  • Medical Products
  • Household Products

By Region

  •  North America
  • Latin America
  • China
  • Japan
  • Europe
  • MEA
  • SEA and Other APAC

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Neonatal Thermoregulation Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2031

The Neonatal Thermoregulation industry has taken the spotlight in healthcare sector with the advanced monitoring systems for neonates gaining traction. Additionally, rise in number of pediatric clinics and neonatal intensive care coupled with the new inventions by industry players is creating avenues for demand growth.

While the COVID-19 pandemic affected the industry output and demand-supply patterns, various macro-economic factors such as increase in governmental investments in healthcare sectors, advancements in medical technology, and increase in per capita health expenditure are expected to keep fuelling the sales in the post-pandemic years.

The latest revised report on the ‘neonatal thermoregulation’ market study by Future Market Insights (FMI) offers an exhaustive overview of the global industry while emphasizing on the crucial growth & restraining factors, and demand-supply trajectories across 20+ countries during the forecast period of 2021 to 2031.

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Key Takeaways from Market Study

  • The global neonatal thermoregulation industry is predicted to ascend at over 4% CAGR through 2031
  • High demand for radiant and wall mount warmers to spur the demand growth
  • Closed segment to register impressive demand in terms of modality
  • Requirement in hospitals sector to fuel sales
  • The United States remains the epicenter in North America neonatal thermoregulation industry
  • Germany to sustain on the forefront of the world’s second largest neonatal thermoregulation industry Europe
  • Asia Pacific emerges as the fastest growing region during the forecast period
  • China, Japan, India, the United Kingdom, France, Italy, Canada, and a few other countries to remain in the limelight for stakeholders

“With the growing focus on reducing morbidity and mortality in newborns, neonatal thermoregulation industry is projected to gain further momentum. Furthermore, increase in number of pediatric & neonatal intensive care units is subject to cater to the demand growth in the near future,” says an FMI analyst.

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How is the Increase in Awareness Regarding Newborn Mortality Rates Propelling the Growth?

Thermoregulation plays a very crucial role in balancing heat production and heat loss in order to maintain body temperature of newborns within a certain normal range. As not maintaining proper body temperature can be fatal for newborns, demand for neonatal thermoregulation is getting prominent in hospitals and neonatal intensive care units.

For instance, neonatal hyperthermia may occur if proper thermoregulation is not done for a newborn. In this condition, the newborn’s body temperature drops below 36.5 degree Celsius and progressive reduction in body temperature may lead to adverse clinical effects ranging from metabolic stress to death. According to the report titled “Newborns: Improving Survival and Well-Being” published by the World Health Organization (WHO) on 19th September, 2020, globally 2.4 million neonates died in 2019, while approximately 7000 newborn die every day amounting to 47% of all child deaths under the age of 5 years. Such reports are helping in spreading awareness which in turn is favoring neonatal thermoregulation equipment suppliers.

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Who is Winning in this Space?

The global neonatal thermoregulation industry provides with highly competitive environment for key players. In order to leverage the new opportunities, key players are developing advanced and wider range of products.

For instance,

  • General Electric Company launched its new Corometrix 250 cx Series, Corometrics 170 Series Fetal Monitor and Mini Telemetry System, and others during the last 5 years
  • Natus Medical Incorporated announced the acquisition of Innovative Newborn Care Technology in November, 2020 in order to increase its sales footprint

Market Segmentation by Category

Product Type

  • Warmer
    • Radiant Warmer
    • Wall Mount Warmer
  • Neonatal Incubators
    • Intensive Care Incubator
      • Hybrid Incubator
      • Selective Close Care Incubators
    • Transport Incubator
  • Neonatal Cooling Systems

Modality

  • Open
  • Close

End User

  • Hospitals
  • Paediatric and Neonatal
    • Intensive Care Units
  • Others

Region

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

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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 9 years.

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Cervical Pillows Market 2022: Size, Growth Analysis Report, Forecast to 2028

According to a newly published report by Future Market Insights titled “Cervical Pillows Market: Global Industry Analysis (2013-2021) and Opportunity Assessment (2022-2028),” major players in the market are trying to launch and add new products to their product portfolio to stay at the top in this competitive market. According to the report forecasts, the global cervical pillows market is projected to register a CAGR of 4.5% in terms of value during the forecast period 2022–2028. The market is anticipated to be valued at US$ 1436.2 Mn by 2028. The primary reasons behind market revenue growth are an increasing prevalence of neck and back pain and growing research and development activities pertaining to spine and neck injuries.

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Global Cervical Pillows Market: Trends

  • Partnership with distribution channels
  • Ease of pillows in air travel
  • Growing specialist chiropractor products
  • Collaboration through digital platforms to bring more value to patients
  • Increasing number of local players in the market
  • Innovation with new technologies and products such as Japanese buckwheat pillow
  • Programmes to increase awareness among the people
  • Accelerating number of clinical trials
  • Technological advancements in pillow material
  • New product launches with hot and cold therapy

cervical pillows market

Global Cervical Pillows Market: Key Players

  • Djo Global
  • Alex Orthopedic Inc.
  • Mediflow Inc.
  • Coop Home Goods
  • Core Products International Inc.
  • Innocor Inc.
  • Lohmann & Rauscher International GmbH & Co. KG
  • PharMeDoc
  • Crown Medical Products Inc.
  • CNH Pillow Inc.
  • Therapeutic Pillow International
  • Arc4life
  • My Pillow
  • Hall Innovations LLC
  • Xtreme Comforts
  • Cr Sleep
  • Malouf
  • Carpenter Co.
  • Custom craftwork
  • J-Pillow Ltd

Global Cervical Pillows Market: Forecast by Product Type

On the basis of product type, the global cervical pillows market is segmented into cradle pillows, neck pillows, side pillows, cervical rolls, and basic cervical pillows. Basic cervical pillows dominated the global cervical pillows market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. Basic cervical pillows is projected to be the most attractive segment with an attractiveness index of 1.6 during the forecast period. This segment was valued at US$ 299.2 Mn in 2017 and is projected to reach US$ 503.0 Mn by 2027, expanding at a CAGR of 5.3% during the forecast period.

Global Cervical Pillows Market: Forecast by Application

On the basis of application, the global cervical pillows market is segmented into cervical spondylosis, trauma based whiplash recovery, and temporomandibular disorders. The temporomandibular disorders segment was valued at US$ 183.9 Mn in 2017 and is expected to grow at a CAGR of 3.2% over the period of assessment. This segment represents a market attractiveness index of 0.4.

Global Cervical Pillows Market: Forecast by Distribution Channel

Segmentation by distribution channel comprises hospital pharmacies, retails pharmacies, and e- commerce. The e-commerce distribution channel dominated the global cervical pillows market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. Hospital pharmacies is projected to be the most attractive market with an attractiveness index of 2.0 during the forecast period.

Global Cervical Pillows Market: Forecast by Material Type

Material type segmentation comprises foam pillows, fiber filled pillows, memory foam pillows, water filled pillows, gas filled pillows and gel filled pillows. The water filled pillows segment is anticipated to register a CAGR of 4.7% during the forecast period.

Global Cervical Pillows Market: Forecast by Region

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that have been covered in this report. Revenue from the North America cervical pillows market is expected to expand at a CAGR of 4.5% in terms of value over the forecast period.

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Key Segments of Cervical Pillows Industry Survey Cervical Pillows Market by Product Type:                    

  • Cradle Pillows
  • Neck Pillows
  • Side Pillows
  • Cervical Rolls
  • Basic Cervical Pillows

Cervical Pillows Market by Material Type:

  • Foam Pillows
  • Fibre Filled Pillows
  • Memory Foam Pillows
  • Water Filled Pillows
  • Gas Filled Pillows
  • Gel Filled Pillows

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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 6 years.

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Headless CMS Software Market Future Plans and Industry Growth with Quantitative & Qualitative Analysis by 2032

The headless CMS software market was esteemed at US$ 605 Million of every 2022 and is assessed to increment at a CAGR of 20.1% from 2022 to 2032, arriving at US$ 3.8 Billion by 2032.

Headless CMS stages are rapidly becoming strategic applications for some organizations. Moreover, firms putting resources into headless CMS software are rethinking their foundation needs and guaranteeing that headless CMS software can deal with delayed telecommute (WFH) times, developing marketing strategies, and expanded web traffic.

Organizations are speeding up computerized change plans pointed toward drawing in clients and leading headless CMS software market on the web, which heightens headless CMS software market potential open doors.

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As of now, the market for headless CMS software is extending. A few organizations seek after headless CMS software just for specialized reasons, passing up the business potential to future-evidence their substance and give a steady encounter across channels.

Technical professionals who wish to employ new front-end frameworks and microservices architecture while avoiding the constraints of traditional CMSs are driving the demand for headless CMS software and boosting headless CMS software market share.

Geographically, Asia Pacific is expected to develop at the fastest CAGR during the forecast period, owing to the region’s rising demand for headless CMS software solutions. CMS solutions enable a firm to offer customised content globally in order to boost total revenue for headless CMS software and surge headless CMS software market future trends.

China has emerged as the uncontested global leader in headless CMS software. Meanwhile, the North American headless CMS software market is expected to be the largest.

KEY TAKEAWAYS:

  • The headless CMS software market in the United States is expected to reach US$ 1.3 billion by 2032, growing at a CAGR of 19.8% through 2032.
  • The UK headless CMS software market is predicted to be valued US$ 158.8 million by 2032, with a CAGR of 18.9% through 2032.
  • The Chinese headless CMS software market is anticipated to reach US$ 271.5 million by 2032, growing at a 19.3% CAGR through 2032.
  • The Japanese market for headless CMS software is estimated to be worth US$ 230.3 million by 2032, growing at an 18.8% yearly pace until then.
  • South Korea is anticipated to reach a headless CMS software market size of US$ 144.5 million by 2032, with a CAGR of 18.1% through 2032.
  • The cloud-based section of the deployment type category of the headless CMS software market is expected to grow at a CAGR of 18.5% through 2032.
  • North America will develop at a CAGR of 17.8% in the headless CMS software market geographical sector through 2032.

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COMPETITIVE LANDSCAPE:

New market research report on headless CMS software shows that the legacy players in the headless CMS software market are concentrating on delivering solutions that meet specific needs, such as the installation of various technologies and the update and extension of current systems that will boost the headless CMS software market key trends & opportunities.

The headless CMS software market is dominated by Agility Inc., Contentful, ButterCMS, Contentstack LLC, DOTCMS INC., GraphCMS GmbH, Kentico Software s.r.o., Mura Software, Quintype Technologies Pvt Ltd, and Zesty.io Platform, Inc.

RECENT DEVELOPMENT:

  • Agility Inc. presented new price plans for their product in 2020. The firm established regular, pro, and enterprise plans for US$ 47 per month, US$ 579 per month, and US$ 2,500 per month, respectively, under the new price options.
  • ButterCMS will release a new upgrade for its headless CMS in 2020. The content modelling feature has been improved in this release to improve user experience.
  • Norsk Telegrambyr, a Norwegian news agency, put Superdesk Planning Component into production in July 2018. (NTB). The component is a new module for our open-source headless CMS Superdesk that will enable users to integrate editorial planning into their workflows and boost operational efficiency.

Key Players

  • Agility Inc.
  • Contentful
  • ButterCMS
  • Contentstack LLC
  • DOTCMS INC.
  • GraphCMS GmbH
  • Kentico Software s.r.o.
  • Mura Software
  • Quintype Technologies Pvt Ltd
  • Zesty.io Platform, Inc.

What Is The COVID-19 Impact On The Headless CMS Software Market?

Firms investing in headless CMS software market are reevaluating their platform needs and ensuring that CMS can handle prolonged work-from-home (WFH) times, evolving headless CMS software marketing tactics, and increased web traffic.

Companies are accelerating digital transformation plans aimed at engaging customers and conducting business online. To suit the fast changing business environment, they are also adjusting their demand for headless CMS software to allow self-service for customers, workers, and partners.

Furthermore, companies are focused on client involvement in a cost-effective and personalized manner through the channel of their choice, as well as automating and simplifying operations to save costs and satisfy the ever expanding consumer needs instantaneously. As a result of the epidemic, the headless CMS software market growth is expanding.

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Key Segments

By Deployment Type:

  • Cloud
  • On-premise

By Enterprise Size:

  • SMEs
  • Large Enterprises

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (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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Interactive Tables Market New Business Opportunities & Global Forecast 2022 to 2032

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Interactive Tables Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2028.

The team of researchers at Future Business Insights are focusing on research and market study to produce different Interactive Tables Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Interactive Tables Market.

Interactive Tables Market: Regional Outlook

Among all the regions, North America holds the largest market share of the global Interactive Tables market and is expected to maintain a steady growth rate during the forecast period. The growth of Interactive Tables market in North America is attributed to the high presence of interactive touch board solution providers and the high adoption rate of interactive touch board applications. The high presence of interactive touch board manufacturers in China makes the regional market strong participant in the global Interactive Tables market.

The Interactive Tables markets in SEA and others of Asia Pacific region is estimated to record the highest growth rate during the forecast period owing to the rising adoption of Interactive Tables applications in the region.

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Interactive Tables Market: Key Players

Few of the major players operating in the global Interactive Tables market include, Boxlight; Bare Conductive; TouchIT Technologies Holdings Inc; SMART Technologies; Promethean Limited; Pathway Innovations & Technologies, Inc.; Sharp Electronics Corporation; Samsung Corporation; Google Corporation; Microsoft Corporation; Cisco Systems, Inc.; Panasonic Corporation; and Dell, Inc., among others.

Interactive Tables Market: Segmentation

On the basis of functional platform, the global Interactive Tables market can be segmented into the following:

  • Android
  • iOS
  • Windows
  • Other platforms

On the basis of interactive touch board technology, the global Interactive Tables market can be segmented as follows:

  • Resistive
  • Capacitive
  • Electromagnetic
  • Laser Scan
  • Ultrasound
  • Infrared
  • IWB Software

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Queries Solved

  • What is the size of the overall Interactive Tables Market in the Technology Market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Interactive Tables Market in the Technology Market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Interactive Tables Market in the Technology Market?
  • What is the Interactive Tables Market in the Technology Market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Interactive Tables Market in the Technology Market?
  • What are the recent trends in Interactive Tables Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Interactive Tables Market in the growth of the Technology Market?
  • What are the key market trends impacting the growth of the Interactive Tables Market in the Technology Market?

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Market Background                             

Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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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Lit Fiber Market New Technological Development Projecting Massive Growth till 2032

The global lit fiber market is expected to witness an impressive growth rate of 16.7% over the forecasted years of 2022 to 2032. The lit fiber market size is anticipated to reach a valuation of around US$ 20 Billion by the end of year 2032 from the current valuation of US$ 4.28 Billion in 2022.

Lit fiber has been used in the IT and telecommunications sectors for a number of noteworthy applications since its beginnings. But in recent years, the sales of lit fiber have grown as a result of the discovery of various more unique applications.

Compared to conventional copper lines, lighted fiber is more durable and extremely resistant to the dangers and traffic found in the previous system. Over the years, the demand for lit fiber has strengthened as an active cable that is set up, controlled, and maintained exclusively by service providers.

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Elevated level of data transfer via short- and long-distance communications is made possible by fiber optics that is observed to have strengthened the lit fiber market opportunities. For connectivity, industrial, IT and communications, and security applications, a number of international businesses have started providing illuminated fiber connectivity proliferating the market further.

Increased investment in research and development by key actors leads to the creation of new technologies, and advancements in fiber optic connectivity that is predicted to increase the competition among lit fiber market participants.

Key Takeaways from Market Study:

  • The overall growth of the global lit fiber market is estimated to be around US$ 15.7 Billion during the coming decade by following the average CAGR of 16.7%.
  • The global market for lit fiber is dominated by multi-modal fiber segment, which is estimated to grow at a rate of 16.3%, while the single-mode segment is projected to develop at the fastest pace of 17.2%.
  • The higher selling segment, which accounts for over 60% of the sales revenue, is the lit fiber on-net connectivity items that is expected to grow at a CAGR of 17% during the projection period. And from the other front, the off-net lit fiber segment has grown in popularity recently and is expected to increase the sales of lit fiber over the years 2022 to 2032.
  • With a market dominance the networking application segment have historically been the key driver of lit fiber industry expansion. However, due to the product’s growing popularity, a 31.7% growth rate in this segment is anticipated throughout the anticipated time frame.
  • Of the world’s major geographical areas, North America accounts for more than 28% of the global lit fiber market. In contrast, the Asia Pacific lit fiber market has recently picked up steam and is expected to increase at an above average CAGR from 2022 to 2032.

Competitive Landscape

The global lit fibre industry is highly fragmented and is anticipated to see an increased competition in the coming days as a result of the existence of several illuminated fibre market rivals. The major lit fibre companies are prioritising growing their customer base and serving underdeveloped areas at the same time as their major strategy to penetrate wider market.

Some of the well-known market players are among

  • AT&T
  • Attice USA
  • Comcast
  • Crown Castle Fiber
  • Frontier
  • GigabitNow
  • Lumen
  • Spectrum Enterprise
  • Verizon
  • Zayo among others

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Recent Developments in the Global Lit Fiber Market:

  • In line with the target of providing lit plus dark fibre connectivity at Coloblox’s ATL1 Atlanta data centre, FiberLight, LLC, which is a vendor of optical equipment, joined forces in August 2021.

Lit Fiber Market by Segmentation

By Type:

  • Multi-mode
  • Single-mode

By Connectivity:

  • On-net
  • Off-net

By Application:

  • Networking
  • IT & Telecommunication
  • Industrial
  • Aerospace & Defense
  • Others

By Region:

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

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Help Desk Software Market Growth Factors, Opportunities, Ongoing Trends & Key Players by 2032

Global Help Desk Software Market was valued at US$ 9.9 Bn in 2021 and is expected to reach US$ 26.8 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey.

As per the findings of the report, cloud-based help desk software will remain pivotal for the market as the bulk of revenue will be generated through this category.

Large Industries to continue being Growth Axis for Help Desk Software Revenue

Large enterprises can both afford to automate and have a much greater need to automate their help desk systems owing to the significantly larger number of tickets. They represent a significant chunk of help desk software consumers.

Help desk software revenue through large enterprises grew at a CAGR of 2015-2021 9.0%, while during the forecast period it is predicted to grow at 8.1%. Small and medium sized industries also show growth potential as they move to adopt help desk software in an attempt to boost consumer satisfaction, drawn by the scalability and ease of adaption.

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COVID-19 Pandemic and the increase in BYOD to raise requirements for Help Desk Software

COVID-19 pandemic has led to a rise in ticket generation by employees as offices shifted to hybrid forms of work. This, as well as the increasing prevalence of BYOD systems, led to an overall increase in the number of tickers generated, causing a lack of efficiency and slower response times. Firms attempting to minimize these issues seek to replace level one support with automated helpdesks.

North America to Command the Larger Proportion of Demand for Help Desk Software throughout the Analysis Period

North America leads the help desk software demand with 41.5% share in 2021 and a projected market size of US$ 11.1 Bn in 2032, which is largely owing to a large number of companies as well as growing demand from government agencies for help desk software. The market in North America is projected to grow at a CAGR of 9.4% during the forecast period.

“Help desk software providers are closely working on harnessing new technologies such as machine learning through which helpdesks can be trained to auto-approve and suggest solutions such as updates based on past incidents.” comments an analyst at Future Market Insights.

Help Desk Software Market: Competition Insights

Currently, help desk software providers are focused on increasing their presence and reach. They are focusing on developments that will ensure further streamlining of customer experience processes and an increase in market share and traction. The key companies operating in the help desk software market include Hiver, Column Technologies, Freshworks, Sparkcentral, Watermelon, Smart Tribune, Salesforce and Zendesk.

Some of the recent development in Help Desk Software are as follows:

  • In August 2021 Freshworks filed for an IPO in the US to raise US$100 Mn on the Nasdaq Global Select Market under the symbol FRSH.
  • In August 2020, Hiver entered the helpdesk software market. Hiver’s solutions became the first customer service solution to operate out of G-Suite and offer helpdesk capabilities along with Gmail
  • In June 2020, Salesforce’s venture capital invested in Tanium with plans to roll out a joint employee service management solution whose features will include, amongst others, a one-stop help desk for its employees
  • Similarly, recent developments related to companies manufacturing Help Desk Software have been tracked by the team at Future Market Insights, which is available in the full report.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Help Desk Software Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Help Desk Software Market in terms of Type (Cloud-based, Web-based), By Industry (Large enterprises, Small and Medium enterprises) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Key Segments Covered In Help Desk Software Industry Survey

Help Desk Software Market by Type:

  • Cloud-Based Helpdesk Software
  • Web-based Helpdesk Software

Help Desk Software Market by Industry:

  • Help Desk Software for Large Enterprises
  • Help Desk Software for Small and Medium Enterprises

Help Desk Software Market by Region:

  • North America Help Desk Software Market
  • Latin America Help Desk Software Market
  • Europe Help Desk Software Market
  • Asia Pacific Help Desk Software Market
  • Middle East & Africa Help Desk Software Market

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:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Renal Function Test Market Size, Share, Trends, Application Analysis and Growth by Forecast to 2022-2032

The global Renal Function Test Market was worth US$ 779.1 million in 2021, and it is expected to grow at a 5.6% CAGR from 2022 to 2032. By the end of 2032, the market is expected to be worth US$ 1,414.5 Mn. The urine test segment leads the market by test type, with a market share of approximately 62.4% in 2021.

Public & Private Healthcare Organizations are Supporting the Management of CKD through Programs & Initiatives

Increasing incidences of renal failure, and chronic kidney diseases (CKD) are considered to be the primary factors responsible for the significant demand for renal function tests. Unhealthy dietary habits, lack of physical exercise owing to hectic lifestyles, and stress, are commonly observed risk factors for diabetes, coronary heart diseases, hypercholesterolemia, and hypertension.

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These factors further lead toward dysfunctions in the kidney, which in turn creates demand for renal function tests. Surging number of people with diabetes who are highly susceptible to CKD are expected to propel the demand for renal function tests in the upcoming years. The resultant high sample volume is creating demand for highly effective and efficient renal function testing devices.

Awareness about diagnostic benefits related to renal function tests is increasing among people. The advent of technologically advanced products associated with renal function tests such as automated analyzers has resulted into refinement of present point-of-care real-time testing capabilities. In addition, the private as well as public healthcare organizations are consistently striving to support the diagnosis and management of chronic kidney diseases through various programs and initiatives, thereby creating awareness and demand for renal function tests.

Key Takeaways from FMI’s Report on Renal Function Test Market

North America will continue to be dominant in the global renal function test market, in terms of revenues. Between renal function test market in Europe and Asia-Pacific excluding Japan (APEJ), the former will account for a larger revenue share and the latter will register a relatively higher CAGR through 2026. The renal function test markets in Middle East & Africa (MEA) and Japan are projected to account for the lowest revenue share of the market throughout the forecast period.

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On the basis of product type, dipsticks are expected to be the leading contributor to the market growth, in terms of revenues. Revenues from sales of disposables and reagents are projected to register a relatively faster expansion, and will collectively account for over two-fifth share of the market during the forecast period.

Hospitals are anticipated to remain the most lucrative end-users in the global renal function test market, with sales estimated to surpass US$ 450 Mn in revenues by 2026-end. Diagnostic laboratories are expected to remain the fast-expanding end-users of renal function tests through 2026. Revenues from renal function tests in diagnostic laboratories are projected to account for nearly one-third share of the market by 2026-end. Research institutes will continue to be the least lucrative end-users of renal function tests.

In terms of test type, urine protein and microalbumin renal function test are together projected to account for over three-fifth revenue share of the market during the forecast period. Revenues from microalbumin renal function test will register the highest CAGR in the market through 2026. In addition, revenues from urine protein and serum creatinine renal function test are projected to increase at nearly equal CAGRs through 2026.

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Vendors in the global renal function test market are focusing on technological advancements through clinical trials. The intensive competitive landscape of the market is resulting into increasing mergers & acquisition activities, wherein smaller firms are acquired by well-established international vendors.

Key player profiled by FMI’s report include:

  • Randox Laboratories
  • Elektronika
  • Acon Laboratories
  • Urit Medical
  • Nova Biomedical
  • Sysmex
  • Abbott
  • Roche
  • Beckman Coulter
  • Siemens

Key Segments Covered in Renal Function Test Market Report

By Product Type:

  • Dipsticks
  • Disposable
  • Reagents

By Test Type:

  • Urine Test
    • Urine Protein
    • Microalbumin
    • Creatinine Clearance
  • Blood Test
    • Serum Creatinine
    • GFR rate
    • Blood Urea Nitrogen (BUN)

By End User:

  • Hospitals and Clinics
  • Diagnostic laboratories
  • Research Laboratories and Institutes
  • Home Care Settings

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About Future Market Insights (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.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Yeast Autolysates Market Analysis Provides Worldwide Market Share and Groeth Forecast Through 2031

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Newly released data from yeast autolysates market analysis by Future Market Insights shows that global consumption of yeast autolysates enjoyed year-on-year (YoY) growth of 5.2% in 2021 to total sales of US$ 1556.3 Mn in the year.

The overall demand of yeast autolysates captivates 37% of global yeast market and is poised to witness a prominent growth at 5.7%CAGR to reach the value of US$ 2708.6 Mn in 2031.

The yeast autolysates market is emerging as a specialty yeast product as an inactive yeast rather than an active yeast product derived from natural yeast with yeast autolysis technology from both brewer’s yeast and baker’s yeast in yeast extract or yeast powder format and being used in feed yeast and yeast microbial nutrition contained with high yeast protein with other product categories, such as nutritional yeast, organic yeast, and dry yeast.

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Health is the main driving force for food and beverages consumption in today’s world, following price and taste, due to the rising occurrence of various disease outbreaks and health problems around the world. Consumers have become selective about the products are being consumed while taking all the preventive measures as a result of the current scenario of Covid-19 pandemic.

This rising non-GMO product demand is expected to intensify production of yeast autolysates, being rich in protein and nutritional contents with rapidly increasing research and development activities and using advanced technologies. Yeast autolysates comes with entire spectrum of nutrients and a lot of high functional proteins, including peptides, free amino acids, valuable minerals, as well as vitamins, and trace elements.

As a result, the product can be used to any range of applications in both food and feed industry from fermentative food production to different categories of animal feed products, such as poultry, aquaculture, and pet food. If the product is very pure in quality, being a clean label ingredient, it can easily be considered as a natural flavoring ingredient.

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The unique features and being a natural ingredient, consumer preference for this healthy and nutritious food product is rising with each passing day. Further, the product can easily be GMO-free, Halal and Kosher certified, and does not contain any gluten. Even more, easy accessibility of resources, yeast being the most convenient fungi to produce in terms of price and affordability, the end product price comes under a reasonable range, which is boosting the market growth.

Who is winning?

Key players are focusing on having modern state-of-the-art centres to revamp the production of more quality based and flavourful yeast autolysates. As the consumption of the product is rising rapidly, manufacturers are more prone to focus on research and development to increase the product lines.

One of the leading players, Koninklijke DSM N.V., has taken a further step in the industry and set up a development site in Delft with a modern food and application centre. The company has invested together with other industry players as well in a biotech fermentation pilot plant, named as Rosalind Franklin Biotechnology Centre, on the site for industrial productions of Yeast autolysates flavor and antibiotic intermediates.

As more players are into innovation centres to ensure market position with R&D, a smooth and consistent supply of yeast autolysates is expected to maintain the production and consumption cycle of the product intact. Some of the leading companies offering yeast autolysates are Lallemand Inc., Koninklijke DSM N.V., Leiber GmBH, Kerry Group, KOHJIN Life Sciences Co., Ltd., Biospringer, Archer Daniels Midland Company, Angel Yeast Co., Ltd, Titan Biotech Ltd., Fuji Foods Corporation and others.

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Yeast Autolysates by Category

By protein concentration :

  • ≥ 50%
  • < 50%

By end use :

  • Feed Industry
  • Poultry
  • Pet Food
  • Ruminants
  • Aquaculture
  • Fermentation
  • Microbial Nutrients
  • Others

By region :

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

About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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