Split Casing Pumps Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2030

Future Market Insights upcoming report on the global Split Casing Pumps market reveals hidden opportunities and potential threats. The report offers a keen coverage of the Split Casing Pumps market with a detailed segmentation of the key growth drivers, opportunities, restraints and challenges that are expected to dominate the market over the coming years. According to the FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

The increasing use of machines in various industries along with the installation of smart devices in machines and the demand for high quality products are some of the factors driving the growth of the split casing pumps market in the industrial automation industry. The industry is implementing automation to increase productivity and reduce labor costs. FMI provides detailed industry insights to enable market participants to formulate long-term strategies to maintain a competitive edge in the industry.

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To gain detailed insights into the Split Casing Pumps market, our experts rely on primary and secondary research as well as diverse extensive data sets gathered from organic and inorganic sources to provide estimates for the next decade.

Understanding the impact of Covid-19 on the industrial automation industry

The COVID-19 outbreak poses enormous challenges to the industry. Like other industries, the industrial automation industry has been particularly impacted by equipment shortages and product availability. In addition, there are some setbacks in 2020 due to labor shortages, factory closures and supply restrictions caused by the pandemic crisis.

The lack of human support during the pandemic and the reluctance of major players to invest in advanced machinery had a negative impact on the industrial automation industry in 2020. However, as lockdowns eased, the split casing pump market has accelerated.

A recent report from FMI outlines the market scenario in the Covid-19 Impact Analysis chapter to assist the market players in the years to come. The report provides a detailed market analysis surrounding the market conditions and their impact on the Split Casing Pumps market.

Key questions answered in the report

  1. What are the key trends and challenges that will affect the Global Split Casing Pumps market in the next few years?
  2. What are the factors affecting the demand for Split Casing Pumps market?
  3. Which region is most profitable for the split casing pump market during the forecast period?
  4. How will evolving regulatory policies affect market growth?
  5. What is the impact of Covid-19 on the Split Casing Pumps market?

Split Casing Pump Market: Segmentation

A detailed analysis of geographic region and country wise insights is provided in the latest Split Casing Pumps Market report along with established market players and established players in those regions.

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On the basis of Type, the Global Split Casing Pumps market can be segmented into:

  • steel
  • steel

On the basis of Application, the Global Split Casing Pumps market can be segmented into:

  • process
  • public utilities

Comprehensive analysis of regional markets provides exclusive insight into market performance across regions, along with a list of relevant graphs, figures and tables.

competition analysis

prominent market participant

  • Ksb group
  • Grundfos Holding A/S
  • Watson Marlow
  • Gardner Denver Inc.
  • Kubota Pump
  • Kirloskar Brothers Inc.
  • Shanghai Kai Quan Pump (Group) Co. Corporation
  • Suljeo Co., Ltd.
  • PSG Dover

With detailed segmentation into segments and subsegments, FMI’s research provides each player’s strengths, weaknesses, growth prospects and opportunities. The report also includes important market research including historical revenue prospects, pricing strategies and marketing strategies adopted by these players in the Split Casing Pumps market.

Why Future Market Insights?

  • Comprehensive analysis of evolving purchasing patterns across different geographies
  • Detailed insights into market segments and subsegments for historical and forecast periods
  • Competitive analysis of the prominent and emerging players in the Split Casing Pumps market
  • More information on product innovations, acquisitions and mergers is expected over the next few years.
  • Breakthrough research and market player-focused solutions for the next decade based on current market scenario

Future Market Insights (FMI) Information

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services serving clients in more than 150 countries. FMI is headquartered in Dubai and has shipping centers in the UK, USA and India. FMI’s latest market research reports and industry analysis help companies navigate the challenges and make important decisions with confidence and clarity amid fierce competition. Customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s team of expert-led analysts constantly track new trends and events across a wide range of industries to prepare customers for the evolving needs of consumers.

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

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Ammonium Thiosulfate Market is Expected to Expand at a CAGR of 6.8% from 2021-2031

Ammonium thiosulfate market has witnessed a considerable increase in demand from diverse end use industries such as agrochemicals, pharmaceuticals, water treatment, agriculture and mining sector among others. Owing to the growing demand for crop production across the globe, demand for nitrogen & phosphate based fertilizers is anticipated to increase in the coming years.

Rising need for more nutrients in the soil, adoption of ammonium thiosulfate will increase. As ammonium thiosulfate fertilizers provides certain vital elements for the plant and crops growth, adoption within agriculture sector will increase, spurring sales.

Moreover, decreasing land area worldwide due to growing urbanization and industrialization will also fuel demand for ammonium thiosulfate. The market for ammonium thiosulfate witnessed moderate growth during FQ-20, due to the sudden outbreak of Covid-19. Decrease in demand within the industrial sector resulted in slight decline of sales.

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However, the market is expected to witness positive growth outlook backed by the increasing demand for ammonium thiosulfate from the agriculture sector. According to Future Market Insights, the global ammonium thiosulfate market is anticipated to grow at a healthy CAGR of 6.8% during the forecast period of 2021 and 2031.

Key Takeaways from Ammonium Thiosulfate Market Study 

  • In terms of end use, photochemical and water treatment are expected to witness high growth during the forecast period.
  • The global ammonium thiosulfate market is anticipated to reach a value of US$ 367.5 million by the end of the forecast period.
  • Industrial grade will be the preferred grade type among end-users, accounting for lion’s share in the global market
  • Powder form is expected to remain the key form type of owing to substantial demand of the inorganic compound for various other industries including mining and treatment of industrial wastewater.
  • The U.S. is projected to remain the lucrative market owing to the presence of key producers and steady expansion of agriculture industry in the region.

“Prominent manufacturers of ammonium thiosulfate are specifically emphasizing on capacity expansions and agreements with the sole purpose to cater demand and gain more regional presence, especially in India and the U.S.,” said a lead analyst at FMI.

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Ammonium Thiosulfate Market by Category

By Form Type:

  • Powder
  • Liquid

By Grade:

  • Industrial Grade
  • Photo Grade

By End Use:

  • Fertilizer
  • Photochemical
  • Mining
  • Others

Ammonium Thiosulfate Market: Participant Insights                                        

Key market participants in the global ammonium thiosulfate market are Tessenderlo Kerley, Inc., Koch Nitrogen International Sarl, Kugler Co., Martin Midstream Partners, TIB Chemicals AG, Esseco Srl, PCI Nitrogen, Shakti Chemicals.

Key players are focusing on strategic expansions by expanding production capacity, in emerging economies by setting up of new production units, collaborations and mergers and acquisitions of other market participants to provide to increase their market presence.

What Is the Impact of COVID-19 on Ammonium Thiosulfate Market?

The global economy witnessed a significant downfall due to the sudden outbreak of COVID-19. Global shutdown halted trade activities, resulting in disruption of supply-chain network. Industrial sector, mining sector and construction sector suffered the most.

However, agricultural sector showed a stable trajectory during the pandemic, as it falls under essential services category and agricultural produce being categorized as critical commodities, thus exempting them from restrictions.

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Moreover, demand and supply of certain fertilizers decreased due to the pandemic. Ammonium thiosulfate is produced from sulphur and is extracted from oil & gas refineries.  Due to pandemic, production of ammonium thiosulfate decreased due to supply chain disruption and reduction in the oil & gas demand.

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

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Mobile Clinics Market anticipated to achieve a worth of US$ 8.1 billion by the end of 2032 | FMI

The market for mobile clinics is anticipated to achieve a worth of US$ 2.8 billion by the end of 2022 and to continue growing at a CAGR of 11.3% to reach an estimated valuation of US$ 8.1 billion by 2032.

Rise in demand to provide healthcare facilities in rural remote areas has boost demand for mobile clinics market. Based on clinic type, OPD type mobile clinic is the highest revenue-generating with the highest sales.

Following OPD, diagnostic/screening type mobile clinic is second leading in mobile clinics market. Maternal health mobile clinics are expected to have significant growth during the forecast period with increased awareness.

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Single exam room and double exam room design type mobile clinics hold the majority share in mobile clinics market. Whereas, mobile medical vans generate the highest revenue followed by mobile medical bus for mobile clinics market.

Mobile health clinics market is expected to have significant growth during the forecast period. It helps in attaining Universal Health Coverage by treating isolated groups of society. A mobile clinic is flexible and viable option to overcome lack of healthcare infrastructure issue in rural areas.

Mobile clinics market can reach out to the marginalised population of remote areas that are cut-off from mainstream health services. This concept of Mobile Clinic aims to bring services to the patient rather.

As per World Health Organization norms, public spending on healthcare has to be 2.5-5.0 per cent of the GDP of the country. Whereas, the majority of developing and under-developed countries fail to achieve the target. Regions with poor health infrastructure rely on Mobile clinics market to provide healthcare services covering a maximum of its population.

With the incidence of COVID-19 across the globe, the demand for mobile clinics market has drastically increased. Mobile clinics are used for diagnostics and screening purpose amid coronavirus to cover the maximum population of the country.

Lockdown has been implemented in several countries to restrict the movement of citizens, mobile clinics market is working towards providing necessary healthcare facilities to the population.

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Mobile Clinics Market: Drivers and Restraints

Mobile clinics market provides innovative healthcare delivery solution covering the maximum population of the region creating demand for the market. Increased prevalence of chronic diseases in rural and remote areas lead to a rise in demand for mobile clinics market.

Implementation of government schemes for screening and chronic disease management in rural areas will propel mobile clinic market growth in the coming decade. Portable nature of mobile clinic is one of the key factor driving the market growth.

Limited patient catering capacity restraints mobile clinics market growth. The mobile clinic can cater to a specified number of equipment and treatment options, challenging market growth.

Mobile Clinics Market: Region-wise Outlook

North America will continue to dominate mobile clinics market during the forecast period due to higher healthcare expenditure. Europe is the second leading region in mobile clinics market due to government initiatives to make healthcare accessible, hence increasing demand for the mobile clinic.

Asia-Pacific region is expected to have the highest CAGR during the forecast period. Mobile clinics market has higher demand with increased product penetration and a huge percentage of the rural area without basic health facilities in the Asia-Pacific region. Whereas, the Middle East and Africa are still an untapped region for Mobile Clinics Market.

Mobile Clinics Market: Key Market Participants

Major players in mobile clinics market include

  • MedicalExpo
  • ADI Mobile Health Inc.
  • Phoenix Modular
  • LifeLine Mobile
  • Medical Coaches Inc.
  • Odulair LLC
  • Matthews Specialty Vehicles Inc.
  • EMS Mobile Sistemler
  • Johnson Medical
  • Mobile Healthcare Facilities
  • GE Healthcare
  • Farber Specialty Vehicles
  • CVR Industries
  • Kentucky trailer technologies
  • Amtex Corporation
  • Phoenix Modular
  • MinFound Medical Systems
  • Independent Modular Builders Alliance

The research report on mobile clinics market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

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It also contains projections using a suitable set of assumptions and methodologies. The research report on mobile clinics market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

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

Mobile Clinics Market: Segmentation

By clinic type:

  • Maternal Health
  • Neonatal and Infant Health
  • Child and Adolescent Health
  • Reproductive Health and Contraceptive Services
  • Mental Health
  • Dental Care
  • ENT
  • Geriatric Care
  • OPD
  • Diagnostic/screening
  • Emergency care

By design layout:

  • Single exam room
  • Double exam room
  • Triple exam room

By vehicle type:

  • Mobile medical vans
  • Mobile medical train
  • Mobile medical bus
  • Mobile medical shipping containers

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VSaaS Market 2022 Key Players, End User, Demand and Consumption by 2032

The VSaaS Market revenues was estimated at US$ 7.6 Bn in 2021 and is anticipated to grow at a CAGR of 9.6% from 2022-2032, according to a recently published Future Market Insights report. The market is expected to reach a valuation of US$ 8.5 Bn in 2022 and US$ 21.1 Bn by 2032.

VSaaS is being pushed by growing user concerns about improved security, a growing number of government policies to increase public security, and continuous infrastructure developments, particularly transportation hubs. Rising smartphone penetration in developing nations combined with advancements in technology in telecommunication services, such as LTE accessibility and the rapidly increasing 5G pattern, and elevated Internet connectivity, are assisting the host VSaaS market in expanding further, as high Internet connection is one of the basic requirements of users and service providers.

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The need for cloud-based solutions is increasing among various end-users. The rise may be linked to a number of benefits of cloud-based solutions, such as quick response times. Home workplaces, commercial real estate developments, as well as the financial sector, are projected to use VSaaS services due to rising interest for cloud services and increased knowledge of video surveillance application administration.

Banks and financial organizations have high expectations for VSaaS. It aids in the enhancement of security, as well as the monitoring of ATMs, employees, and consumers. There are roughly 376,984 ATMs in Europe, including 60,752 ATMs in Germany. The expanding use of ATMs across the European Union will boost the expansion of the VSaaS industry in the commercial sector.

“During the projected period, The VSaaS industry will profit from the increased demand for VSaaS services across corporate domains to minimize thefts, maintain safety, and decrease inventory losses in the commercial sector.” comments a Future Market Insights analyst.

Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the VSaaS Market are focused on R&D to offer innovative technological solutions.

  • In December 2021, Axis Communications established an open-source initiative for video verification, which assures the authenticity of surveillance video which is used in the business’s cameras. Axis has issued a whitepaper outlining an architecture which will form a basis for partners to deploy integrated video authentication solutions.
  • In April 2021, FLIR and Neurala have collaborated to create AI-Powered Industrial Computer Vision technology. With little data and no AI knowledge, this new imaging system enables users to quickly develop deep learning models on the VIA platform using Neurala’s Brain Builder. By using free Flir Spinnaker software platform, these models may be instantly downloaded to a Flir Firefly DL cameras.

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More Insights Available

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

The study reveals extensive growth in VSaaS Market in terms of Product Type (Hosted, Managed, and Hybrid), and Vertical (Commercial, Infrastructure, Residential, Military & Defense, Public Facilities, Industrial), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Market Segments Covered in VSaaS Market Analysis

By Product Type:

  • Hosted
  • Managed
  • Hybrid

By Verticals:

  • Commercial
  • Infrastructure
  • Residential
  • Military & Defense
  • Public Facilities
  • Industrial

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By Region:

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

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App Analytics Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

According to Future Market Insights (FMI), the global demand for app analytics is estimated to grow at a CAGR of 19.1% between 2022 and 2032, totaling a valuation of ~US$ 2,238.5 Mn by the end of 2022 and US$ 12,901.5 Mn by 2032.

Factors such as growing demand for improving the digital customer experience, rising implementation of digital transformation strategies, and rising penetration of smartphones and mobile apps are driving growth in the global app analytics market. App analytics is a widely used concept in the mobile app industry, where app marketers gather useful information on user behavior and app performance, including the number of installs and visitors, session durations, retention and conversion rates, and other important metrics.

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Mobile analytics is being used by businesses to analyze and improve the performance of their mobile apps and services, as well as to measure and understand how users interact with their apps. Businesses are very keen on evaluating their user profiles, sales funnels, crash rates, demographics, app open rates, user retention, or any other data that is relevant to their business, including sliding away users, time spent on the app, or most common paths to an in-app purchase.

Since mobile analytics SDKs create a persistent and unique identifier for each device with the help of tools, they don’t rely on cookies to identify specific users. This will continue to drive the popularity of mobile app analytics in the market.

However, the shortage of skilled professionals and concerns regarding the privacy and data protection in mobile apps is anticipated to impede industry expansion. The key market players’ recent initiatives, such as new product launches, alliances, and acquisitions, are anticipated to accelerate market expansion.

Key Takeaways: App analytics Market

  • By type, the mobile app analytics segment is estimated to grow at a robust CAGR of 4% through 2032.
  • Based on application, marketing & advertising analytics segment is anticipated to grow at the highest CAGR of 3% between 2022 & 2032.
  • By industry, the retail & e-commerce segment is anticipated to grow at a CAGR of 6% between 2022 & 2032.
  • North American app analytics market is expected to reach a valuation of US$ 3,948.9 Mn by 2032.
  • The U.S. app analytics market is slated to grow at a CAGR of around 4% through 2032.
  • In India, the app analytics market is expected to grow at a CAGR of 2% during the forecast period.

“Growing demand for mobile and online apps, increasing smartphone ad usage, and growing adoption of digital transformation techniques is expected to drive the growth of app analytics market”, says FMI analyst.  

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Growing Demand Across BFSI Sector to Boost App Analytics Market Growth

Growing popularity of app analytics across various industry verticals such as BFSI, retail, travel and tourism, media and entertainment, etc. is majorly responsible for driving the growth of app analytics market.

Business intelligence and data analytics technologies and solutions have consistently assisted banks and financial institutions in reflecting all the rules, remaining competitive, and meeting the digital expectations of today’s clients.

Financial organizations may make “smarter” decisions that are more profitable and efficient by using data analytics and business intelligence (BI) solutions. BFSI businesses must incorporate analytics into processes that trigger automated actions and more contextual, real-time decision-making.

Who is Winning?

Taplytics, Kochava, Adobe Systems Inc., IBM Corporation, Amazon.com, Inc., Google Inc., Yahoo Inc., Countly, Upland Software, Inc., Apptentive, Moengage, Mixpanel, Content Square SAS, TUNE Inc., Clever Tap, AppsFlyer, Amplitude, Appsee are some of the key players operating in the global app analytics market.

These leading providers are constantly focusing on introducing novel solutions for improving their customer base as well as to increase their revenue share. They are also collaborating with several industries to boost the adoption of their app analytics solutions.

More Valuable Insights on App Analytics Market

Future Market Insight’s report on the app analytics industry research is segmented into four major sections – type (mobile app analytics, and web/desktop apps analytics), application (marketing & advertising analytics, revenue analytics, in-app performance analytics, and others), industry (BFSI, retail & e-commerce, media and entertainment, travel and tourism, IT & telecom, 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 app analytics demand outlook.

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App Analytics Market by Category

By Type:

  • Mobile App Analytics
  • Web/Desktop App Analytics

By Application:

  • Marketing & Advertising Analytics
  • Revenue Analytics
  • In-app Performance Analytics
  • Others

By Industry:

  • BFSI
  • Retail & E-commerce
  • Media & Entertainment
  • Travel and Tourism
  • IT & Telecom
  • Others

By Region:

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

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

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API Security Market 2022 Development Status, Competition Analysis, Type and Application 2032

As per FMI, the global API security market is estimated to grow at a CAGR of 26.3 % between 2022 and 2032. The Market is reaching a valuation of US$ 984.1 Mn in 2022 and US$ 10,185.4 Mn by the end of 2032.

Rapid rise in cyberattacks and growing adoption of APIs across diverse industries are some of the key factors driving demand for API security solutions in the market.

Application Programming Interfaces (APIs) are crucial to the development of web and mobile applications, and businesses now heavily rely on them to create their services and products. APIs enable developers to integrate with any contemporary technology, which offers the features that customers require.

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Implementing strategies and practices to reduce API vulnerabilities and security threats is part of API security. API security helps in managing security issues including access control, content validation, throttling, rate limiting, monitoring & analytics, identity-based security, and data security. Therefore, the growing adoption of Application Programming Interface (API) among large as well as SMEs owing to many advantages is expected to fuel the demand for API security solutions.

Key Takeaways from API Security Market

  • By solution, the API security software segment is anticipated to account for the leading share in the global demand for API security during the forecast period while the API security services segment is estimated to grow at a CAGR of 28.1% through 2032.
  • Among the enterprise size, the SMEs segment is estimated to grow at a higher CAGR of 28.9% during the forecast period.
  • By industry, the IT & telecommunications segment is anticipated to grow at a leading CAGR of 29.4% between 2022 & 2032.
  • The U.S. API security market is expected to progress at a CAGR of around 23.1% through 2032.
  • API security market in Indonesia is likely to grow at the highest CAGR of 31.4% during the forecast period.
  • Demand for API security solutions is anticipated to grow at 27.8% CAGR across Germany between 2022 and 2032.

“The growing number of cyber-attacks on sensitive information and stringent government rules and regulations to prevent cyber-attacks have compelled the adoption of API security solutions and services across the globe.” says FMI analyst.  

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Increasing Number of Cyber-Attacks Beyond Traditional Target Boosting Market Growth

Cybercriminals have expanded the target and attacks beyond “traditional” targets as they continue to exploit weak technology, systems, and personnel. Adversaries are now concentrating their operations on APIs as a result of APIs expanding to micro services and the cloud in addition to IoT, external apps, and mobile apps.

As per salt security, API attack traffic for Salt Security customers increased by 681% while their overall API traffic increased by 321%, last year. This sharp increase in fraud API security calls is delaying production rollouts and diminishing trust in API security measures, which ultimately affects business innovation. Thus, increasing number of cyber-attacks ultimately propels the demand for the API security solutions.

Who is Winning?

Some of the important players operating in the global API security market are IBM, Imperva, Wallarm, Salt Security, Google, Oracle, Software AG, Axway, MuleSoft, Microsoft, Akana, Moesif, Avanan, Cequence Security, Data Theorem API.

These leading players are continuously adopting strategies such as new product launches, investments in R&D, partnerships, mergers, and acquisitions to expand their global footprint.

More Valuable Insights on API Security Market

Future Market Insight’s report on the API security market research is segmented into four major sections – solution (API security software (on-premises, and cloud-based), and API security services (integration & implementation, consulting, and support & maintenance)), enterprise size (Small and Mid-Sized Enterprises (SMEs), and large enterprises)), industry (healthcare, BFSI, media & entertainment, manufacturing, IT & telecommunications, retail & e-commerce, travel and hospitality, and other) 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 API security demand outlook.

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API security Outlook by Category

By Solution:

  • API security Software
    • Cloud-based
    • On-Premises
  • API Security Services
    • Integration & Implementation
    • Consulting
    • Support & Maintenance

By Enterprise Size:

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

By Industry:

  • Healthcare
  • BFSI
  • Media & entertainment
  • Manufacturing
  • IT & Telecommunications
  • Retail & E-Commerce
  • Travel and Hospitality
  • Other

By Region:

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

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RFID Locks Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022 – 2032

The RFID Locks Market revenues were estimated at US$ 8.6 Bn in 2022 and is anticipated to grow at a CAGR of 14.3% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 32.9 Bn.

The rise in property crime, break-ins, and burglaries over the past several years has led to a steady growth in the need for RFID lock solutions in the home and other sectors. A stronger channel for businesses to reach out to consumers and deliver their goods and services straight into the customers’ hands by enabling them to operate the door locks more simply is being provided by the growing penetration of smartphones and its user-friendly experiences.

Additionally, the characteristics of RFID locks make them a perfect option for authentication mechanisms in many applications and sectors. For instance, members can utilize them to get access to gyms, healthcare, and educational facilities. Additionally, RFID locks provide a large number of benefits over mechanical locks. This offers integrated expandable access, keyless entrance, ease of use, configuration flexibility, and availability of mobile access.

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Rising adoption of smartphones, widespread use of RFID locks in government and commercial settings, and high demand for NFC-enabled access control solutions. However, the market’s expansion is constrained by the high cost of security systems. The market for RFID locks, on the other hand, benefits largely from the rapid advancement of smart homes. RFID locks are becoming more popular in the residential sector attributable to the widespread usage of smart home designs that incorporates features like voice control, remote access, and seamless communication.

“During the projected period, RFID Locks business trends will profit from the rising smartphone use, broad usage of RFID locks in public and commercial spaces, and faster development of smart homes, in the years to come.” comments a Future Market Insights analyst.

Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the RFID Locks Market are focused on R&D to produce innovative technological solutions.

  • In February 2021, A 6G smart lock product offering from Digilock (Security People, Inc.) was introduced with a cloud-based network security system. The 6G locks from Digilock are still wireless for simple installation on new construction, retrofits, and upgrades.

More Insights Available

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

The study reveals extensive growth in RFID Locks Market in terms of Access Device (Key Cards, Mobile Phone, Wearables and Key Fobs), Application (Hospitality, Automotive, Aerospace & Defense, Residential, Manufacturing, BFSI, Retail, Transportation & Logistics and Others), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Market Segments Covered in RFID Locks Market Analysis

By Access Device:

  • Key Cards
  • Mobile Phone
  • Wearables
  • Key Fobs

By Application:

  • Hospitality
  • Automotive
  • Aerospace & Defence
  • Residential, Manufacturing
  • BFSI
  • Retail
  • Transportation & Logistics
  • Others

By Region:

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

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Telecom Cloud Market 2022 : Increasing Demand for Efficient Management Practices Report 2032

The Telecom Cloud Market revenues were estimated at US$ 19.8 Bn in 2021 and is anticipated to grow at a CAGR of 15.2% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 24 Bn. The market is projected to gross 15.2% CAGR through the public cloud.

During the pandemic, as individuals lived at home during the shutdown and businesses opted to work remotely, massive data consumption led to a spike in demand for telecom cloud installations, which significantly contributed to the market growth. Cloud has been one of the key themes of conversation in the telecom business in 2021 with the development of cloud-native 5G technology.

The public cloud solution provides on-demand infrastructure, lowering capital expenditure as well as continuous operational and life-cycle control. The public cloud may be a terrific incubator environment for not just developing new apps and services, but also bringing them to market and scaling them quickly.

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Many corporate firms rely on the public cloud as their base. Telecom companies are increasingly looking to collaborate using public cloud services to use their computational capacity and use their strong network skills on the back end.

Hyperscalers such as Amazon, Google, Microsoft, and Oracle often establish and manage a uniform tech environment with public cloud platforms. CSPs, on the other hand, buy solutions from a variety of vendors who compete and advance in different directions, sometimes marginally, sometimes significantly.

Also, The BFSI sector outsources non-core functions to save money and enhance efficiency. As a consequence, targeted content views and precise financial data are required, which may be merged via a telecommunications cloud service.

Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Telecom Cloud Market are focused on R&D to produce innovative technological solutions.

  • In April 2021, Momentum Telecom, a global provider of managed network and clouds voice, revealed that it had accomplished its purchase of Atlus Technology, a Tennessee-based leader in the development of cloud-based unified communications solutions.
  • In December 2020, Cisco announced the purchase of IMImobile, a cloud telecommunications software and service provider, allowing Cisco to provide its customers with an end-to-end client engagement management solution.

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More Insights Available

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

The study reveals extensive growth in the Telecom Cloud Market in terms of Type (Public Cloud, Private Cloud, Hybrid Cloud), By Cloud Computing Service (IaaS, PaaS, SaaS), By Application (Data Storage, Achieving, Computing, Enterprise Application, Other Applications), across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Market Segments Covered In Telecom Cloud Market Analysis

By Type:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Cloud Computing Service:

  • IaaS
  • PaaS
  • SaaS

By Application:

  • Data Storage
  • Achieving
  • Computing
  • Enterprise Application
  • Other Applications

By Region:

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

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

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Talent Management Software Market 2022 | Scope of Current and Future Industry 2032

The Talent Management Software Market revenues were estimated at US$ 8.1 Bn in 2022 and is anticipated to grow at a CAGR of 8.7% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 18.7 Bn.

The rising market share of cloud-based technologies, as well as the adoption of mobile-based people management systems, are key factors driving the market expansion. As companies and various businesses are concentrating on organic growth HR professionals are rapidly turning to software-as-a-service (SaaS) solutions to automate the scouting, identifying, and recruitment of new people from talent pools, as well as retention of existing staff.

A Talent Management Software also aids in the streamlining of the hiring process, the reinforcement of workplace culture, the provision of adaptive educational experiences, and the identification of top performers. Various technological developments, such as the usage of artificial intelligence and machine learning too are helping the economy grow.

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Trakstar, a SaaS-based employee involvement, and performance management firm, for example, announced the merging of its former modular solutions into a single Trakstar Platform in June 2021. Trakstar Hire is now available for improved recruiting, and it has become available for quicker employee development and onboarding. It has also become available for continuous performance tracking and involvement.

Furthermore, the key firms are developing numerous talent management systems that help in people management and provide employees with appropriate growth chances. Talent management software has grown in popularity among businesses due to the rising requirement to streamline HR processes.

Competitive Landscape

Various firms in the talent management software market are focusing on organic growth strategies such as new product releases, product approvals, as well as other items such as patents and events. Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. Some of the market’s top companies are IBM Corporation, Talentsoft, Oracle Corporation, CornerStone OnDemand, Inc., Cisco Systems, Inc., and others.

Some of the key recent developments in the talent management software market include:

  • In June 2021, Verint acquired HireIQ to provide AI-powered Smarter Screening for job prospect assessment. Verint, The Customer Engagement Firm, is expected to extend its Workforce Management (WFM) solution with advanced Intelligent Interviewing capabilities owing to the integration of technology from HireIQ, a recruiting automation provider.
  • This technology automates the applicant screening process and uses artificial intelligence to evaluate interview responses, delivering insights to assist hiring managers make more educated selections. Verint Intelligent Interviewing would be included in Verint WFM and will be accessible via the Verint Cloud Platform.
  • In June 2020, Talentsoft acquired Crafty, an HR technology firm, to integrate Crafty skills graphing with Talentsoft’s learning, talent acquisition, and management solution. The firm will manage skills and obtain matching suggestions via the talent marketplaces and employee talent profiles. The transaction was undertaken with the intention of improving talent management and internal organizational mobility.

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More Insights Available

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

The study reveals extensive growth in the Talent Management Software Market in terms of Deployment (On-Premise, Cloud-Based), Enterprise Size (Small & Medium Enterprises, Large Enterprises), Industry Vertical (BFSI, IT & Telecom, Manufacturing, Government, Healthcare, Education, Retail, Others), Solution (Performance Management Analytics, Career Pathing Management Software, Succession Planning software, Compensation Management, Assessment software), and across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

Market Segments Covered In Talent Management Software Market Analysis

By Deployment:

  • On–Premise
  • Cloud-Based

By Enterprise Size:

  • Small & Medium Enterprises (SME’s)
  • Large Enterprises

By Industry Vertical:

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

By Solution:

  • Performance Management Analytics
  • Career Pathing Management Software
  • Succession Planning software
  • Compensation Management
  • Assessment software

By Region:

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

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

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DevSecOps Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast 2022 to 2032

According to Future Market Insights A(FMI), the global DevSecOps market is estimated to be valued at US$ 4,373.4 Mn in 2022. Moreover, with rising adoption of DevSecOps software and services across numerous industries, the overall market is anticipated to exhibit a CAGR of 17.6% during the forecast period, totalling US$ 22,077.4 Mn by the end of 2032.

DevSecOps is a set of principles and practices which integrate the functioning of the development team and operations team regarding a software project. It is an addition to the DevOps software development method, the purpose of this method is to deliver secure applications and software with the proper security measures applied during the software development phase, from its initiation.

DevOps has three different facets, continuous integration which deals with the continuous development of programs, updates, changes, models etc. and when they are regularly tested and merged with a repository, it is called continuous delivery and deploying it to the end user is called continuous deployment.

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Rising need for faster and highly secure application delivery along with growing internet penetration is expected to provide a strong thrust to the global DevSecOps market during the forecast period.

Similarly, surge in cybercrimes and growing adoption of cloud-based services will push the demand for DevSecOps software and services during the forthcoming years.

Key Takeaways: DevSecOps Market

  • By solution, the software segment held the largest market share with a total valuation of US$ 3,753.7 Mn in 2021. However, the services segment will exhibit the highest CAGR of 21.1% for the forecast period 2022-2032.
  • By enterprise size, the large enterprises segment dominated the global DevSecOps market with a share of 55% in 2021. However, small and medium-sized enterprises segment is estimated to grow at the fastest CAGR of 5% during the assessment period.
  • By industry, the IT & telecom segment holds the largest market share while the healthcare industry will exhibit the highest CAGR of 1% through 2032.
  • North America dominates the global DevSecOps market with a market share of 1% in 2021.
  • The DevSecOps market in South Asia and Pacific is poised to exhibit a CAGR of 8% between 2022 and 2032.
  • Demand for DevSecOps across India is anticipated to grow at a prolific CAGR during the assessment period.

According to FMI Analyst, “Instead of seeing DevSecOps as an integration between the development, security and operations team, one, should see it as a whole unit which consists of professionals who have their different fields of expertise and are collaborating together to deliver the product. Due to this collaboration, several internal practices like communication and transparency in the content being developed and deployed can benefit the organizations and make it one of the most implemented software development methods.”

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Delivering End-Product at a Faster Speed Along With the Integration of In-built Security Driving DevSecOps Market

Development of software systems and applications using DevSecOps methods implements various features like microservices and automation. There is also a continuous process of developing programs and updates which are stored into a central repository.

Involvement of the security team also helps in the rapid identification of bugs and security threats to act upon. Due to this the end product is received at a faster rate, incentivising the end-users to rely more on DevSecOps development methods.

More Valuable Insights on DevSecOps Market

In this report by Future Market Insights, DevSecOps market has been segmented into four sections: by solution: software (on-premises, and cloud), and services (professional services, and managed services), enterprise size (large enterprises, and small and medium-sized enterprises (SMEs)), industry (BFSI, IT and telecom, government, retail, manufacturing energy and utilities, healthcare and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and evaluate lucrative opportunities in the DevSecOps demand outlook.

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DevSecOps Market by Category

By Solution:

  • Software
    • On-premises
    • Cloud
  • Services
    • Professional Services
    • Managed Services

By Enterprise Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises

By Industry:

  • BFSI
  • IT & Telecom
  • Government
  • Retail
  • Manufacturing
  • Energy and Utilities
  • Healthcare
  • Others

By Region:

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

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

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