Market Research Blog

The global cancer diagnostics market is projected to expand steadily at a CAGR 7.1% value, during the forecast period 2022-2032. In the year 2022, the market size is projected to expand and gain a global market valuation of US$ 191 Billion. Considering this increasing growth and demand in the global market, the cancer diagnostics market is expected to reach US$ 379 Billion by 2032.

Technological advancements in various fields such as biopsy, imaging, biomarkers and endoscopy, rising prevalence of cancer, increase in government initiatives for creating awareness, rapidly increase in geriatric population, and growing government funding are key factors driving the growth of the cancer diagnostics market.

Timely detection of cancer requires suitable diagnostic tests to screen the immunosuppressed population which is at moderate risk of cancer, particularly for lung cancer, cervical cancer, breast cancer, prostate cancer, colon cancer and melanoma. Growing awareness of early signs and symptoms of cancer among physicians and other healthcare professionals as well as among the general population supplements the growth of cancer diagnostics.

Inclusion of cancer screening tests in National Cancer Screening Programs is another major factor expected to fuel the demand for cancer diagnostics. Introduction of regular mammography into national cancer programs by major developed countries where the incidence of breast cancer is high that is leading towards increasing adoption of cancer diagnostics in developed region.

For instance, the U.S. government has included the National Mammography Program in its national cancer screening programs. The government of Australia is taking initiative by conducting 3 cancer screening programs such as the National Cervical Screening Program, BreastScreen Australia and the National Bowel Cancer Screening Program. Similarly, most of the countries in Europe are continuously adopting HPV DNA screening for cervical cancer as a part of national cervical cancer programs.

Short-term Negative Impact Likely Due to COVID-19

The cancer diagnostics market is expected to experience short-term negative growth owing to a reduction in the cancer diagnosis procedures and adoption rate in developed and emerging countries. COVID-19 has impacted the landscape of cancer diagnostics. This has affected demand in various fronts, from prevention to screening and diagnosis, palliative care, treatment, and patient follow-up, to logistics and supplies of cancer diagnostic tests kits and other essential commodities.

Nonetheless after a period of muted growth, the market is poised to recover as economies return to normalcy. As per FMI, the rising incidence of lung cancer is attributable for over 19% of sales in the market.

Key Takeaways from Cancer Diagnostics Market Study

• The rising incidence of cancer will fuel the demand for cancer diagnostics, enabling the market register 8.5% CAGR between 2021 and 2022
• Increasing cases of cancer in the U.S. accounts for 84% of demand in North America
• Increasing healthcare spending will enable the U.K. market register over 5% y-o-y growth in 2021
• Favorable reimbursement policies will support growth in France and Germany
• Expansion of the healthcare sector will support growth in Japan and South Korea

“Advancements in cancer diagnostics and rising prevalence of cancer are expected to aid growth of cancer diagnostics. A majority of leading players in cancer diagnostic market are adopting strategic partnerships to sustain the increasing competitive pressure,” says the FMI Analyst

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Who is Winning?

Partnerships between cancer diagnostic assay kits developers, instrument manufacturers and technology licensers are often intended to increase the consumer base.

For instance, in March 2021, Illumina, Inc. signed a partnership agreement with Geneseeq Technology Inc. to develop comprehensive in-vitro diagnostic (IVD) NGS testing kits by using Illumina’s NextSeq 550Dx sequencing platform for cancer.

In June 2020, Thermo Fisher Scientific signed an agreement with Daiichi Sankyo to Co-launch a companion diagnostic for patients with non-small cell lung cancer for identifying Her2 gene mutations using the Oncomine Dx target test.

Cancer Diagnostics Market by Category

Test Type

• Tumour Biomarkers Tests
  • PSA Tests
  • CTC Tests
  • AFP Tests
  • CA Tests
  • HER2 Tests
  • BRCA Tests
  • ALK Tests
  • CEA Tests
  • EGFR Mutation Tests
  • KRAS Mutation Tests
  • Others
• Imaging
  • Ultrasound
  • Mammography
  • MRI Scan
  • PET Scan
  • CT Scan
  • SPECT & Others
• Biopsy
  • Needle Biopsy
  • Endoscopic Biopsy
  • Bone Marrow Biopsy
  • Others
• Liquid Biopsy
• Immunohistochemistry
• In Situ Hybridization

Indication

• Breast Cancer
• Lung Cancer
• Colorectal Cancer
• Melanoma
• Blood Cancer
• Prostate Cancer
• Ovarian Cancer
• Stomach Cancer
• Liver Cancer
• Others

End-user

• Hospital Associated Labs
• Independent Diagnostic Laboratories
• Diagnostic Imaging Centers
• Cancer Research Institutes
• Others

Region

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

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Market Dynamics

2.4. Inclusions and Exclusions

3. Market Background

3.1. Macro-Economic Factors

3.1.1. Global GDP Growth Outlook

3.1.2. Global Healthcare Expenditure Outlook

3.1.3. Growth of Healthcare Sector in Emerging Nations

3.2. Forecast Factors – Relevance & Impact

3.2.1. Global Increase in Healthcare Expenditure

3.2.2. Rising Prevalence of Cancer

3.2.3. Changing Regulatory Dynamics

3.2.4. Cost Impact

3.2.5. Regulatory Scenario

3.3. Market Dynamics

3.3.1. Drivers

3.3.2. Restraints

3.3.3. Opportunity Analysis

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The global automation testing market is expected to register a CAGR of 14.3% by garnering a market value of US$ 93.6 Billion by the end of 2032.

• Development of rapid technologies such as artificial intelligence and machine learning are boosting the demand for the automation testing market.
• The penetration of smartphones along with the increasing use of mobile applications in different end user industries is creating lucrative opportunities for automation testing services.
• Development of web based applications along with newer software technologies has created an urgent need for automation testing.

The COVID-19 pandemic affected the automation testing market in the initial quarter of the lockdown. On the other hand, quick digitalization of end user sectors created an urgent need for automation testing owing to most companies depending on mobile applications. Moreover, the changing nature of work models is contributing to the growth of the market.

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The increasing development of mobile applications that cater to a wide range of end user sectors dealing with hospitality, customer service or technology are driving the growth of automation testing market.

The use of automation testing is not only limited to large or medium scale enterprise but also have extended to small scale enterprises. Lower rates of data packs along with easy affordability and convenience of using automation testing is shaping the market.

Emerging Economies in Asia Pacific Contributing to Growth of Automation Testing Market

The technological sector in the Asia Pacific region is booming. Countries like China, Japan, Australia and India are the largest contributors to the demand for automation testing. Not are technological sectors maximising the use of artificial intelligence or machine learning but also government authorities are supporting the growth of the same by launching initiatives.

Future Market Insights states that China is expected to register a CAGR of 14% for automation testing market. this is owing to the increasing adoption of internet of things (IoT) devices along with usage of artificial intelligence especially in mobile applications.

Furthermore, India is undergoing a digital transformation which has increased the dependency on automation testing in the region. All these factors are making Asia Pacific a lucrative region for the growth of automation testing market.

Opportunities in Automation Testing Market

The increasing penetration of smartphones along with establishment of 5G services in certain geographical locations has made automation testing services easy. In addition, most end user sectors that range from food and beverages to automotive are largely relying on internet and web based applications that make tasks easier and agile.

The changing nature of end user sectors and digitization of the same is helping industries to adapt to web based software that help in managing workload. In addition, mobile applications have opened doors of opportunities for testing automation in more ways than one.

Furthermore, development of mobile applications is supporting treatment and refusal of automation testing owing to its ability to minimize time during testing. With digital transformation being at the forefront of transformation, use of automation testing is expected to grow in the upcoming years.

“Rise in the adoption of artificial intelligence and machine learning in automation testing is an essential factor that is expected to accelerate the market growth.”

Factors such as the growth in the demand for automation of the testing process and solutions for seamless customer experience and rising usage of AI-enabled cutting-edge technologies for software testing environments are expected to propel the market growth during the forecast period.

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Key Segments Covered in the Automation Testing Industry Report

Automation Testing by Component

• Automation Testing Type
  • Static Automation Testing
  • Dynamic Automation Testing
• Automation Testing Services
  • Automation Advisory and Consulting Services
  • Automation Planning and Development
  • Automation Support and Maintenance
  • Automation Documentation and Training
  • Automation Implementation
  • Managed Automation Services
  • Other Automation Services

Automation Testing by Endpoint Interface

• Mobile Automation Testing
• Web Automation Testing
• Desktop Automation Testing
• Embedded Software Automation Testing

Automation Testing by Organization Size

• Automation Testing for Small and Medium-Sized Enterprises
• Automation Testing for Large Enterprises

Automation Testing by Vertical

• Automation Testing for Banking, Financial Services, and Insurance
• Automation Testing for Automotive
• Automation Testing for Defense and Aerospace
• Automation Testing for Healthcare and Lifesciences
• Automation Testing for Retail
• Automation Testing for Telecom and IT
• Automation Testing for Manufacturing
• Automation Testing for Logistics and Transportation
• Automation Testing for Energy and Utilities
• Automation Testing for Media and Entertainment
• Automation Testing for Other Verticals

Automation Testing by Region

• North America Automation Testing Market
• Latin America Automation Testing Market
• Europe Automation Testing Market
• Asia Pacific Automation Testing Market
• Middle East and Africa Automation Testing Market

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

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

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

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Key Takeaways from the Market Study

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

Competitive Landscape

Players in the global eSports & Games Streaming Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

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

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

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

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Key Segments

By Revenue Streams:

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

By Solutions:

• Web Based
• App Based

By Region:

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

About Us

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

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Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
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Global sales of GPON are anticipated to reach US$ 6.7 billion in 2021 and US$ 7 billion in 2022. The Gigabit Passive Optical Network Market is anticipated to reach US$ 11.7 billion by 2032, expanding at a CAGR of 5.2 percent from 2022 to 2032. The rapid growth of the industry is also attributed to the widespread adoption of 4G and 5G over the past few years in many growing nations, which has led to an increase in the GPON market. Due to the increasing need for broadband in the telecoms and commercial sectors, the GPON market has grown in a variety of areas.

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Key Takeaways: 

• The global GPON market holds a value of US$ 7 Bn while recording a CAGR of 5.2% during the forecast period. 
• Optical Line Terminal segment to expand at a CAGR 5.1% during the forecast period 
• In the U.S., the market is predicted to reach US$ 4.1 billion while growing at a CAGR of 5% during the forecast period. 
• The FTTH market will grow at a 4.4% CAGR during the forecast period. 
• China to record a CAGR of 4.6% CAGR during the forecast period.  

Competitive Landscape 

Key Players that have been profiled in the report are Huawei, Cisco, ZTE, Nokia, Calix, FiberHome, DASAN Zhone, Allied Telesis, ADTRAN, Iskratel, Alphion, Unizyx and others. New products and technologies will enable end-users to benefit from new technologies.  

• In May 2021, Grain Management, LLC announced an agreement with Tachus LLC. This investment is part of Grain Communications Opportunity Fund III, Grain’s new flagship fund. Grain’s investment will support Takus’ continued growth and enable it to accelerate the deployment of its highly reliable fiber network. Regulatory approvals need to be obtained for the acquisition, which was closed in the second quarter of 2021.  
• In October 2021, Hexatronic Group AB completed the acquisition of all telecom activities of REHAU Group. As a strategic asset, the acquisition is extremely valuable to the company. FTTH (Fiber to the Home) is in the early stages of its expansion of the German market. In order to establish a leading position in the growing Fiber-to-the-Home market in Germany, Hexatronic combines the strengths of both companies, REHAU Telecom’s microduct business, and Hexatronic’s passive FTTH solution.  

More Valuable Insights Available 

Future Market Insights, in its new offering, presents an unbiased analysis of the global GPON market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032. 

The study reveals essential insights by component (Optical Line Terminal, Optical Network Terminal), by technology (2.5G PON, XG-PON, XGS-PON, NG-PON2), by application (Fiber-to-the-Home(FTTH), Fiber to the Building (FTTB), Fiber to the Curb (FTTC), Fiber to the Node (FTTN), Mobile Backhaul) By Vertical (Transportation, Telecommunications, Healthcare, Energy & Utilities, Residential (MTU) Commercial Industries) By Services (Fixed Internet and Voice, Internet Protocol TV (IPTV), Mobile Voice and Internet) & By Region (North America, Europe, Asia Pacific, Middle East, and Africa, Latin America) 

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Key Segments Covered In The GPON Industry Report

By Component:

• Optical Line Terminal
• Optical Network Terminal

By Technology:

• 2.5G Pon
• XG-Pon
• XGS-PON
• NG-PON2

By Application:

• Fiber to the Home(FTTH)
• Fiber to the Building (FTTB)
• Fiber to the Curb (FTTC)
• Fiber to the Node (FTTN)
• Mobile Backhaul

By Vertical:

• Transportation
• Telecommunications
• Healthcare
• Energy & Utilities
• Residential (MTU)
• Commercial Industries

By Services:

• Fixed Internet and Voice
• Internet Protocol TV (IPTV)
• Mobile Voice and Internet

By Region:

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

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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Future Market Insights (FMI) predicts that throughout the projected period, demand in the data centre power management market will grow at a strong CAGR of about 7%. (2022-2032).

According to the survey, by the end of 2022, the market is predicted to be worth US$ 19 billion. According to Future Market Insights, the market is developing as a result of the rising demand for data consumption per person around the world.

Data centres play a major role in modern civilization. The demand for data centres is rising globally due to the digitalization of the global economy and a significant shift toward cloud-based data storage.

There is an enormous amount of energy needed to run this network of data centres. As a result, the adoption of sustainable energy sources and an integrated approach to data centre power management are influencing the global market for this technology.

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Key Takeaways

• Through 2032, the DCIM (data centre infrastructure management) software market is projected to expand at a strong CAGR of around 8%.
• Between 2022 and 2032, the UPS (uninterruptible power supply) systems market is projected to expand at a CAGR of 8.3%.
• The hyperscale data centres market, by data centre type, will increase at a CAGR of 9.0 percent by 2032.
• Industry-wise, the BFSI segment will increase at the highest rate—a CAGR of 9.7%—between 2022 and 2032.
• The data centre power management market is dominated by North America, but with a 9 percent CAGR, South Asia & Pacific will experience the fastest growth.
• Tier-4 data centres will experience the highest growth, with a CAGR of 8.2 percent between 2022 and 2032.

“Demand for technologically advanced items is rising as a result of economic expansion in China, India, and other emerging economies. In order to grow their operations throughout Asia Pacific, data centre power management component manufacturers, distributors, and suppliers are likely to focus on these markets, according to an analyst at FMI.

By modernising existing data centres, hardware component demand will increase.
The market for data centre power management is expanding as a result of data centres being upgraded to increase their performance. Infrastructure, energy backup facilities like UPSs, and modifications to power distribution units are examples of such improvements.

Data centres are in greater demand as green infrastructures are being used more frequently. A clever automated system that monitors and manages support systems like cooling equipment, power backup, and distributes makes excellent use of electricity and hence decreases the consumption of electricity.

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Competitive Landscape

Both large- and medium-sized data centre power management players are present in the industry, which defines it. Leading companies are using a variety of techniques, including mergers and acquisitions, partnerships, and collaborations, to increase their client base. Government activities worldwide as well as the development of private data centres are opening up significant growth opportunities for new industry players.

For instance,

Eaton finished acquiring Tripp Lite in March 2021 in order to grow its power business in the Americas. The acquisition contributed to the expansion of single phase UPS business, the IT product line, and better services for its data centre clients. It also broadened the scope of edge computing.
ABB Ltd. announced the introduction of a cutting-edge UPS system in March 2020. The MegaFlex system has a 45 percent smaller environmental footprint, is resilient, and is compact in size. With high-efficiency converters, it provides decreased energy loss and sustainable power technology.

Key Companies Profiled

ABB, Eaton, Schneider Electric SE, DataSpan, Huawei Technologies Co., Ltd., Toshiba Electronic Devices & Storage Corporation, Bxterra Power Technology, Cyber Power Systems, Inc., General Electric, ZPE Systems, Inc., Aggreko, Sunbird Software, Inc., Elco Solutions, Socomec, Hewlett Packard Enterprise, Enlogic, Delta Electronics, Inc., Raritan Inc., Toshiba Electronic Devices & Storage Corporation

More Valuable Insights on Data Center Power Management Market

The data centre substation industry research report from Future Market Insight is divided into seven main sections: component, data centre type (modular, colocation, cloud, edge, hyperscale, micro mobile data centre), data centre tier (tier- 1, 2, 3, 4), installation type (new installation, retrofit/upgrade), end-user (cloud providers, colocation), and

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Data Center Power Management Market by Category

By Component:

• Hardware
  • Power Distribution Units (PDUs)
  • Power Generators
  • Uninterruptible Power Supply (UPS) Systems
    • Modular UPS
    • Conventional UPS
  • Others
• DCIM (Data Center Infrastructure Management) Software
• Services
  • Consulting Services
  • System Integration & Implementation Services
  • Maintenance and Support Services

By Data Center Type:

• Modular Data Centers
• Colocation Data Centers
• Cloud Data Centers
• Edge Data Centers
• Hyperscale Data Centers
• Micro Mobile Data Center

By Data Center Tier:

• Tier-1 Data Centers
• Tier-2 Data Centers
• Tier-3 Data Centers
• Tier-4 Data Centers

By Installation Type:

• New Installation
• Retrofit/Upgrade

By End User:

• Cloud Providers
• Colocation Providers
• Enterprise Data Centers
• Hyperscale Data Centers

By Industry:

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

By Region:

• North America
• Latin America
• Europe
• East Asia
• South 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.

Contact:

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The global NVMe over fibre channel market is anticipated to grow at a CAGR of 23.7% over the projected period, according to a recent analysis by Future Market Insights (FMI) (2021-2031). The market for advanced data processing and storage solutions is predicted to reach a value of over US$ 30.36 Bn in 2022, which can be attributable to the expansion.

Besides this, the market is driven by the exponential rise in data generation across enterprises and increasing number of internet users. Primary factors driving growth of the NVMe over fiber channel market include the increasing adoption of NVMe technologies in servers, SSDs, and storage devices coupled with significant performance advancements offered by NVMe over fiber channel.

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Key Takeaways from NVMe over Fiber Channel Market Study

• Large enterprises will dominate the market through 2031 with 57.9% value share.
• The NVMe SSD product will register higher adoption rate, holding 37.7% of the market in 2021, owing to their ability to read/write operations faster and reduce latency compared with HDDs.
• China leads the East Asia market and is forecast to register a CAGR of over 41.3% through 2031.
• The U.S. market is projected to expand at a CAGR of 21.8% through 2031, owing to the early acceptance of advanced data storage technologies and further supported by the presence of key players in the market.
• The UK market will hold the lead in Europe by the end of 2031, registering a CAGR of over 25.7% through the assessment period.

Impact of COVID-19 on NVMe over Fiber Channel Market

The COVID-19 pandemic has disrupted many industries, including the market for NVMe over fiber channels and services. Different industry verticals have suffered notable losses as a result of mobility and travel restrictions for public health reasons, among other social distancing measures. Disruptions in services are having an impact on economies and trade, given the role of services in offering inputs connecting supply chains and facilitating trade. The extent of impact on trade varies by mode of supply and sector.

The pace of technology disruption has continued to accelerate. The global COVID-19 pandemic has proved to be a catalyst in making digital transformation a strategic imperative for large enterprises as well and small and medium enterprises. Organizations now require more robust IT infrastructure and solutions in order to ensure continuity in their operations.

They also need to deliver remote work solutions, secure connectivity, data analytics capabilities and mobile-first, cloud-like experiences to their customers and employees, while navigating through the macro economic uncertainty and adapting to the new world. As a result, these events have turned towards NVMe over fiber channel, thereby driving the market growth.

Who is Winning?

The moderately consolidated NVMe over fiber channel market is characterized by players who are increasingly focusing on the development of new product offerings in addition to strategic endeavors towards geographical expansion. Moreover, growing demand for advanced data storage and processing infrastructure and increasing digitalization tools is anticipated to drive the growth of the NVMe over fiber channel market.

Prominent players in the NVMe over fiber channel market include but are not limited to Intel Corporation, Samsung Electronics Co., Ltd., Western Digital Corporation, Dell EMC, Hewlett Packard Enterprise, IBM, Cisco Systems Inc., Microchip Technology Inc., Broadcom Inc., and Marvell Technology Group, among others.

More Valuable Insights on NVMe over Fiber Channel Market

A recent market research report published by Future Market Insights (FMI) on the global NVMe over fiber channel market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031.

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Market Segmentation by Category

Product:

• NVMe All-Flash Storage Arrays
• NVMe Switch Adapters
• NVMe SSD
• Others

Enterprise Size:

• Small & Medium Enterprises (SMEs)
• Large Enterprises

End User:

• Data Centers Vendors
• Networking Vendors
• Telecom Service Providers
• Government
• Enterprises
• Others

Region:

• North America
• Latin America
• Europe
• East Asia
• South 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.

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
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Integration of artificial intelligence (AI) and machine learning (ML) technologies for store management operations and increasing implementation of Internet of Things (IoT) technologies are expected to propel the growth of real time store monitoring platform market. According to newly released data from Future Market Insights (FMI), the market will grow at a CAGR of 17.7% from 2021 to 2031, reaching a valuation of US$ 1,093.4 Mn in 2021.

The growing need to automate supply chain processes, enable faster access to inventory and improve overall operational efficiency are encouraging the adoption of predictive maintenance, augmented reality, automated counting and more. IoT-enabled inventory management capitalize on web, analytics, and wireless technologies to combine traditional solutions, processes, assets, and workflows into solutions to offer centralized consolidated tracking and monitoring system.

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These systems provide remote access and device connectivity with superior scalability and effective IT-OT integrations. Adoption of end-to-end IoT ecosystems for inventory location and monitoring is a major trend in the real time store monitoring platform market in the region.

Real time store monitoring platforms enable retailers to gather data about in-store foot traffic and shopping behavior of their customers, based on location-based tracking of mobile Wi-Fi and Bluetooth Low Energy (BLE) signals.

Incorporating Wi-Fi and BLE analytics help retailers to communicate with customers and helping them find what they need in a store. This information helps retailers to measure store performance.

Key Takeaways: Real Time Store Monitoring Platforms

• Store merchandising analysis is estimated to hold a market share of 29.6% by the end of 2021. However, campaign management will witness a CAGR of 20.3%.
• Services are expected to register high growth throughout the forecast period, expanding at a CAGR of 20.3% through 2031.
• Germany holds over 34% of the Europe market, driven by high investments in advanced technologies and stringent government rules on end user verticals.
• Canada is a high potential market in North America, which will account for more than 20% of the regional market by 2031, supported by investments into small and medium scale enterprises.
• China dominates East Asia, and will account for over 57% of the region’s value share on the back of a vast consumer base.

COVID-19 Impact Analysis on Real Time Store Monitoring Platforms

The COVID-19 pandemic has had a significant impact on nearly all aspects of the global economy. Restricted connectivity during the lockdown was one of the key challenges. Besides this, supply-chain, exchange and transfer of essential goods and services and the distribution of various commodities have been affected.

The unprecedented pandemic outbreak exposed vulnerabilities of the retail sector. Against this backdrop, some of the leading retailers across the world are investing in latest technologies, which will help them navigate through unforeseen challenges in the near future.

The change in e-commerce, click and collect, and contact-less delivery options have altered consumer behavior permanently, creating a new retail environment. Dynamic supply chain operations that observe, analyze, predicts, and adapts to changing requirements are more critical than ever.

These technologies also will allow end users to optimize promotions, out-of-stock issues, pricing and assortment to meet the changing needs of consumers. Hence, the demand for real time store monitoring platforms is expected to increase during the crisis.

Who is Winning?

Leading players in the real time store monitoring platform market are focusing on strategic collaborations and product development endeavors, keeping up with an expanding consumer pool of large- and small-scale retailers.

Some of the prominent players in the market include SAP SE, Capgemini SE, Cloudera, Inc., Happiest Minds, RetailNext, Inc., Bosch Sicherheitssysteme GmbH, ShopperTraK, QLogik Technologies, Inc., SimpliField, Sisense Inc., Xperion Kft., Link Analytix, IntelliVision, Arm Limited, Manthan Software Services Pvt. Ltd., and Capillary Technologies.

More Valuable Insights on Real Time Store Monitoring

FMI’s report on the real time store monitoring is segmented into four major sections such as real time store monitoring by solution (real-time store monitoring platform( cloud-based and on-premises) and services (professional services(retail consulting & advisory, support & maintenance, implementation services and managed services)), application (in-store customer behavior analysis, campaign management, store merchandising analysis, store inventory management(shelf management, product differentiation & management, and others), and others), end user (small & mid-sized retailers and large retailers), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the real time store monitoring market.

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Real Time Store Monitoring platform market by Category

By Solution:

• Real-time Store Monitoring Platform
  • Cloud-based
  • On-Premises
• Services
  • Professional Services
    • Retail Consulting & Advisory
    • Support & Maintenance
    • Implementation Services
  • Managed Services

By Application:

• In-store Customer Behavior Analysis
• Campaign Management
• Store Merchandising Analysis
• Store Inventory Management
  • Shelf Management
  • Product Differentiation & Management
  • Others
• Others

By End User:

• Small & Mid-sized Retailers
• Large Retailers

By Region:

• North America
• Latin America
• Europe
• East Asia
• South 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.

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
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Implementation of radar and LiDAR systems is picking up pace in the railway infrastructure. The rising demand for technologies to control train traffic, track train routs, avoid rail collisions, and detect on-track pedestrian will aid the expansion of the radar and LiDAR technology in railway applications market. It is expected to reach a valuation of US$ 1.3 Bn in 2021, finds Future Market Insights (FMI) in a new study.