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iotexpo · 3 hours ago

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Industry trend｜Rapid Growth in the Data Center Market Gives Rise to Management Challenges, This Taiwanese Company Launches RFID Solution to Solve

With the rapid development of information technologies such as cloud computing, big data, the Internet of Things and artificial intelligence, the scale of the global data center market continues to expand. In 2022, the scale of the global data center market has expanded to US$74.65 billion, a year-on-year growth rate of 9.9%, and the growth rate has remained at a good level of about 10% in the past five years. In 2023, the scale of the global data center market is about US$82.2 billion, a year-on-year increase of 10.04%. It is also predicted that the scale of the global data center market will reach US$90.4 billion in 2024. The hyperscale data center market is also growing, with a market size of US$80.2 billion in 2024 and is expected to increase to US$935 billion by 2032.

Promoted by national policies such as new infrastructure, digital transformation and the vision and goals of Digital China, the scale of my country's data center market continues to grow at a high speed. In 2022, the scale of my country's data center market has grown to 190.07 billion yuan, with a five-year compound growth rate of nearly 30%. In 2023, the scale of China's data center market is about 240.7 billion yuan, a year-on-year increase of 26.68%, and it is predicted that it will reach 304.8 billion yuan in 2024. In addition, the scale of data center racks in use is also growing steadily. As of August 2023, the total scale of data center racks in use in my country exceeds 7.6 million standard racks, and the total computing power reaches 1.97 trillion floating-point operations per second, ranking second in the world.

The rapid growth of the data center market has given rise to management challenges

At the same time, data center asset management faces many challenges, mainly including the following aspects:

Asset protection and security issues: Data centers are full of server racks, routers, modems, and servers, which are all high-value and need to be protected from theft or damage, which is usually managed through technology-based or manual security measures, but these measures can be costly and have limited effectiveness.

Inventory management complexity: There are many devices in the data center, and tracking inventory and its status (such as location, maintenance records, etc.) is a tedious and time-consuming task that requires a lot of manpower and material resources.

Environmental monitoring challenges: Data centers are often located in specific locations within a large area, and it is challenging to identify high-temperature locations, and temperature can have a significant impact on equipment health.

Lack of real-time performance: Traditional asset management methods often lack real-time performance and cannot reflect the status and location changes of assets in a timely manner, which may lead to delayed management decisions.

In addition, data centers may deploy multiple technologies and systems. It is a complicated process to integrate these technologies into a unified platform for management. Whether it is hiring workers to track or purchasing expensive data center infrastructure management (DCIM) software, it increases the operating costs of data centers.

RFID solutions reshape data center asset management

Recently, EPC Solutions Taiwan launched a new DCIM system, which has brought revolutionary changes to data center management with its innovative RFID technology and powerful functions. The DCIM solution includes internal software, as well as two boxes of hardware for each IT asset rack. One box contains the reader, and the other includes cable antennas, adapters, and metal tags. Users can order any number of readers, antennas, and tags. Effectively solve the challenges faced by data center asset management, as follows:

Anti-theft and asset tracking: The system uses UHF RFID technology to track the status of IT assets in the data center and digitally record the movement and maintenance of assets such as servers and routers. The exit portal uses fixed readers and antennas to detect tagged items. If someone attempts to remove an asset, a fixed reader antenna at the exit reads the tag, triggers the alarm system, and creates a record and time stamp of the item’s removal, effectively preventing theft and tracking assets.

Low-cost and easy-to-manage solution: EPC Solutions' DCIM solution is designed to be low-cost and easy to manage. Data center personnel can install the system in a short time, including UHF RFID readers, cable antennas, tags, etc.

Environmental monitoring and health management: The system includes environmental factor monitoring, using temperature and humidity RFID tags to capture sensor data and transmit this information when interrogated by the reader. This helps data center managers obtain real-time data about temperature or humidity to prevent equipment failure or damage.

Improve employee productivity and save costs: The advantages of the system are time saving, employee productivity and cost savings. Employees no longer need to be on-site to determine what assets are in the data center and what spaces and environments are available.

Management reports and trend analysis: The system can create management reports to analyze overall trends, racks and even specific ports, helping data center managers better understand asset conditions and operations.

Through these methods, EPC Solutions Taiwan's DCIM system provides a comprehensive and efficient solution for data center asset management, effectively addressing the many challenges faced by data center asset management. It is worth mentioning that EPC Solutions is developing a cloud version of the system to provide users with more convenient and flexible services. The technology has been tested and funded by Small Business Innovation Research (SBIR) and is expected to be officially released for commercial use in July 2025.

The DCIM system launched by EPC Solutions Taiwan brings a new solution to data center management. It uses RFID technology to achieve real-time tracking and environmental monitoring of assets, improves the accuracy and efficiency of asset management, and reduces management costs. With the commercial release of the system, it is expected to bring a more intelligent and efficient future to data center management.

This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)

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rohitpalan · 9 days ago

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Global Energy & Power Quality Meters Market Surges, Projected to Reach US$ 4.41 Billion by 2029

The market for energy and power quality metres is expected to grow at an impressive 7.5% CAGR between 2022 and 2029, from US$ 2.65 billion in 2022 to US$ 4.41 billion by 2029. The need for next-generation power quality metres, the acceleration of electrification, and the rise of the industrial Internet of things are some of the key drivers propelling the worldwide energy and power quality metres market’s expected considerable growth throughout the forecast period.

The paper claims that industry 4.0 is fundamentally altering industrial processes and quickly transforming industrial production capacities. The need for energy and power quality metres to track voltage and harmonic distortions is being created by this transition, and this need will fuel the market’s expansion until 2029.

Furthermore, in the industrial sector, the energy and power segment is expected to witness high growth rates during the forecast period, owing to the growing demand for electrification in residential and commercial sectors. Furthermore, the world is witnessing rapid increase in generation, transmission, and distribution of energy, which, in turn, is creating potential growth opportunities for the energy & power quality meters market.

Manufacturers Focusing on Expanding their Operations in Asia Pacific

Manufacturers of energy & power quality meters are focusing on expanding their businesses across countries in Asia Pacific such as China and India. The increasing investment by governments of these countries in industrial and digital infrastructure is attracting various manufacturers to expand their operations in these countries. Furthermore, the strong economic growth of countries in this region along with the continuous industrialization and increasing rate of urbanization and electrification is creating potential growth opportunities for the energy & power quality meters market players.

For instance, according to IEA (International Energy Agency), in 2000, more than 40% of global energy demand was in Europe & North America and some 20% in developing economies in Asia. However, by 2040, this situation will be completely reversed.

Increasing Competitive Product Profile Playing a Crucial Role in Market Growth

The increasing scope of applications related to power quality equipment and a competitive market has, in turn, resulted in product differentiation and expansion strategy by the advanced power quality meter manufacturers to provide a competitive edge and strengthen their market presence specifically to the desired end-use industry market.

For this, advanced power quality meter manufacturers are continuously increasing research & development and product development activities in order to improve their product awareness levels to the end-consumers and minimize the hazardous effects associated with surpassing the environmental regulations and norms in end-user industries.

According to FMI Analysis, during 2015-2018, the average spending by major manufacturers in R&D and new product development has been accounted for 3% – 3.5% of overall sales. Also, the average rate of product launches made by major advanced power quality meter manufacturers have been in the range of 2-3 products per year.

Energy & Power Quality Meters Market By Category

By Topology:

Standalone

Embedded in Controller/PLC

Multi Circuit

Portable Units

By Application:

Network & Branch Circuit Monitoring

Power Quality Compliance Monitoring

Energy Cost Management

Others

By End-Use Industry:

Critical Buildings

Data Centers

Water Treatment Networks

Airports & Railways

Hospitals

Commercial Buildings

Hotels

Government Organizations

Retail & Supermarkets

Education Campuses

Industrial

By Region:

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific

Excluding Japan

Japan

Middle East & Africa

#Energy & Power Quality Meters Market

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amrutatbrc1 · 21 days ago

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Semiconductor Plating System Market : Technology Advancements, Industry Insights, Trends And Forecast 2033

The semiconductor plating system global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Semiconductor Plating System Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The semiconductor plating system market size has grown strongly in recent years. It will grow from $5.21 billion in 2023 to $5.51 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to the rise in electric vehicles, growth in semiconductor industry capital expenditure, growth in cloud computing services, growth in telecommunications infrastructure, and rise in renewable energy. The semiconductor plating system market size is expected to see strong growth in the next few years. It will grow to $6.99 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to rising production of electric vehicles, growing expansion of data centers, growing demand for enhanced semiconductor devices, increasing focus on sustainable and green semiconductor manufacturing, and increasing demand for semiconductors. Major trends in the forecast period include technological advancements, the adoption of advanced packaging technologies, 5G-enabled devices, Internet of Things devices, and wearable technology.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/semiconductor-plating-system-global-market-report

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The growing adoption of electric vehicles is expected to propel the growth of the semiconductor plating system market going forward. Electric vehicles refer to automobiles powered either entirely or partially by electricity stored in rechargeable batteries rather than by internal combustion engines. The adoption of electric vehicles is due to rising environmental awareness, government incentives, advancements in battery technology, and increasing consumer demand for sustainable transportation solutions. Semiconductor plating systems are used in electric vehicles to enhance power management, battery control, and electronic systems by applying precise metal coatings to semiconductor components, improving their conductivity, reliability, and performance. For instance, in March 2023, according to the International Energy Agency, a France-based intergovernmental organization, the electric car market experienced exponential growth in 2022, with sales surpassing 10 million units and electric vehicles comprising 14% of all new car sales, up from approximately 9% in 2021. Therefore, the growing adoption of electric vehicles is driving the growth of the semiconductor plating system market.

Market Trends - Major companies operating in the semiconductor plating system market are focused on developing innovative technologies, such as dripless technology, to enhance the selective plating process by making it more environmentally friendly. Dripless technology is a plating process innovation that eliminates chemical drips and reduces waste by efficiently recycling solutions throughout the system. For instance, in June 2022, SIFCO ASC., a US-based provider of contract anodizing and selective electroplating services, launched the Advanced Solution Control System, a unique, portable plating equipment to improve the selective electroplating process. It incorporates dripless technology, effectively maintaining and recycling chemical solutions and reducing waste and exposure. The ASCS provides improved automation, which improves operating efficiency and safety by minimizing the need for manual intervention and lessening the risk of chemical spills and emissions. This system is available in two models, Nano and Prime, each with distinct complexity levels and plating needs, making it a viable solution for various industrial applications.

The semiconductor plating system market covered in this report is segmented –

1) By Type: Fully Automatic, Semi-Automatic, Manual 2) By Wafer Size: Up To 100 mm, 100 mm To 200 mm, Above 200 mm 3) By Technology: Electroplating, Electroless 4) By Applications: Through Silicon Via (TSV), Copper Pillar, Redistribution Layer (RDL), Under Bump Metallization (UBM), Bumping, Other Applications

Get an inside scoop of the semiconductor plating system market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=19691&type=smp

Regional Insights - Asia-Pacific was the largest region in the semiconductor plating system market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the semiconductor plating system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the semiconductor plating system market are Applied Materials Inc., Solvay SA, Tokyo Electron Limited, Lam Research Corporation, Hitachi High-Tech Corporation, JBT Corporation, ACM Research Inc., Hitachi Kokusai Electric Inc., Atotech, JCU International Inc., Ishihara Chemical Co. Ltd., RENA Technologies GmbH, Singulus Technologies AG, Intevac Inc., Akrion Technologies Inc., Semsysco GmbH, Magneto Special Anodes GmbH, Raschig GmbH, Moses Lake Industries Inc., Yamato Denki Co. Ltd., Mitomo Semicon Engineering Co. Ltd., XiLong Scientific Co. Ltd., Meltex Inc.

Table of Contents 1. Executive Summary 2. Semiconductor Plating System Market Report Structure 3. Semiconductor Plating System Market Trends And Strategies 4. Semiconductor Plating System Market – Macro Economic Scenario 5. Semiconductor Plating System Market Size And Growth ….. 27. Semiconductor Plating System Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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marketanalysisdata · 1 month ago

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Cloud Managed Services Industry Segmentation and Competitive Analysis Report, 2030

The global cloud managed services market size is expected to reach USD 305.16 billion by 2030, according to a study conducted by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.7% from 2023 to 2030. The focus of enterprises on primary business operations is resulting into higher cloud managed services adoption. Business services, security services, network services, data center services, and mobility services are major categories in cloud managed services market. Implementation of these services will help enterprises to reduce IT and operations costs and will also enhance productivity of those enterprises.

Availability of developed IT infrastructure will drive the managed cloud services adoption in North America. The regional markets of APAC and Middle East & Africa will witness significant growth. This growth will be a result of increased cloud adoption and increase in significant investments from prominent players.

The market will observe some restraints as well, such as data privacy & security, and poor connectivity. These factors are expected to hamper the market growth during the forecast period. Data security will be a major restraining factor as it will affect cloud adoption and cloud managed services market as well. It will lead service providers to focus more on including security features to acquire customers.

Gather more insights about the market drivers, restrains and growth of the Global Cloud Managed Services Market

Cloud Managed Services Market Report Highlights

The mobility services segment accounted for the largest revenue share of 37.9% in 2022. Increasing the adoption of portable and mobile devices in enterprises will further drive the growth of this segment.

The private segment accounted for the largest revenue share of around 86.4% in 2022. The private cloud offers several benefits to enterprises, such as increased data security and access control.

The SMEs segment is expected to grow at the fastest CAGR of 18.0% over the forecast period. Customizations provided to organizations by service providers enable them to experience flexibility. These factors are expected to drive SMEs' adoption of cloud managed services.

The healthcare segment held a significant revenue share in 2022. The increased cloud adoption in the healthcare industry drives the demand for cloud managed services.

Asia Pacific is expected to grow at the fastest CAGR of 19.1% during the forecast period, owing to the growing adoption of cloud managed services by small and medium-sized enterprises, which are expected to drive market growth.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

Rope Access Services Market: The global rope access services market size was valued at USD 3.24 billion in 2024 and is projected to grow at a CAGR of 8.4% from 2025 to 2030.

Virtual Influencer Market: The global virtual influencer market size was estimated at USD 6.06 billion in 2024 and is projected to grow at a CAGR of 40.8% from 2025 to 2030.

Cloud Managed Services Market Segmentation

Grand View Research has segmented the global cloud managed services market based on service type, cloud deployment, end-user, verticals, and region:

Cloud Managed Services Service Type Outlook (Revenue, USD Million, 2017 - 2030)

Business

Network

Security

Data Center

Mobility

Cloud Managed Services Cloud Deployment Outlook (Revenue, USD Million, 2017 - 2030)

Public

Private

Cloud Managed Services End-user Outlook (Revenue, USD Million, 2017 - 2030)

SMEs

Large Enterprises

Cloud Managed Services Verticals Outlook (Revenue, USD Million, 2017 - 2030)

Telecom & ITES

Government

BFSI

Retail & Consumer

Healthcare

Manufacturing & Automotive

Others

Cloud Managed Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

North America

Canada

Europe

Germany

France

Asia Pacific

China

Japan

India

Australia

South Korea

Latin America

Brazil

Mexico

Middle East and Africa

Saudi Arabia

South Africa

UAE

Order a free sample PDF of the Cloud Managed Services Market Intelligence Study, published by Grand View Research.

#Cloud Managed Services Market Share #Cloud Managed Services Market Analysis

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marketstudyreport · 1 month ago

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Cloud Managed Services Market Business Growth, Opportunities and Forecast, 2030

Gather more insights about the market drivers, restrains and growth of the Global Cloud Managed Services Market

Cloud Managed Services Market Report Highlights

The private segment accounted for the largest revenue share of around 86.4% in 2022. The private cloud offers several benefits to enterprises, such as increased data security and access control.

The healthcare segment held a significant revenue share in 2022. The increased cloud adoption in the healthcare industry drives the demand for cloud managed services.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

Rope Access Services Market: The global rope access services market size was valued at USD 3.24 billion in 2024 and is projected to grow at a CAGR of 8.4% from 2025 to 2030.

Virtual Influencer Market: The global virtual influencer market size was estimated at USD 6.06 billion in 2024 and is projected to grow at a CAGR of 40.8% from 2025 to 2030.

Cloud Managed Services Market Segmentation

Grand View Research has segmented the global cloud managed services market based on service type, cloud deployment, end-user, verticals, and region:

Cloud Managed Services Service Type Outlook (Revenue, USD Million, 2017 - 2030)

Business

Network

Security

Data Center

Mobility

Cloud Managed Services Cloud Deployment Outlook (Revenue, USD Million, 2017 - 2030)

Public

Private

Cloud Managed Services End-user Outlook (Revenue, USD Million, 2017 - 2030)

SMEs

Large Enterprises

Cloud Managed Services Verticals Outlook (Revenue, USD Million, 2017 - 2030)

Telecom & ITES

Government

BFSI

Retail & Consumer

Healthcare

Manufacturing & Automotive

Others

Cloud Managed Services Regional Outlook (Revenue, USD Million, 2017 - 2030)

North America

Canada

Europe

Germany

France

Asia Pacific

China

Japan

India

Australia

South Korea

Latin America

Brazil

Mexico

Middle East and Africa

Saudi Arabia

South Africa

UAE

Order a free sample PDF of the Cloud Managed Services Market Intelligence Study, published by Grand View Research.

#Cloud Managed Services Market Share #Cloud Managed Services Market Analysis

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jayanthitbrc · 1 month ago

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Global Telecom Cyber Security Solution Market Analysis 2024: Size Forecast and Growth Prospects

The telecom cyber security solution global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Telecom Cyber Security Solution Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The telecom cyber security solution market size has grown rapidly in recent years. It will grow from $32.51 billion in 2023 to $38.15 billion in 2024 at a compound annual growth rate (CAGR) of 17.3%. The growth in the historic period can be attributed to rise of mobile connectivity, increasing reliance on digital communication, growing cyber threats, historic data breaches, legacy infrastructure vulnerabilities.

The telecom cyber security solution market size is expected to see rapid growth in the next few years. It will grow to $71.76 billion in 2028 at a compound annual growth rate (CAGR) of 17.1%. The growth in the forecast period can be attributed to expansion of cloud services, proliferation of connected devices, emphasis on privacy protection, evolving threat landscape, demand for managed security services. Major trends in the forecast period include shift towards zero-trust architecture, focus on identity and access management, emphasis on privacy and data protection regulations, development of telecom-specific security standards.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/telecom-cyber-security-solution-global-market-report

Scope Of Telecom Cyber Security Solution Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Telecom Cyber Security Solution Market Overview

Market Drivers - The rise in cyber-attack incidents is expected to propel the growth of the telecom cyber security solution market going forward. A cyberattack is a malicious attempt by an individual or organization to compromise computer systems, networks, or digital devices, often with the intent of stealing sensitive data, disrupting operations, or causing damage. The rise in cyber-attack incidents can be attributed to increasing connectivity and the growing digital landscape, creating more opportunities for malicious actors. Telecom cybersecurity solutions mitigate cyber-attack incidents by implementing robust threat detection, encryption protocols, and network segmentation to safeguard against vulnerabilities and unauthorized access in the telecom industry. For instance, according to the Internet Crime Report 2022 published by the Federal Bureau of Investigation (FBI), a US-based national security agency and law enforcement organization, the Internet Crime Complaint Center (IC3) received 300,497 phishing complaints in 2022, with financial losses attributed to phishing complaints amounting to $0.052 billion, while in the preceding year of 2021, the corresponding figure stood at $0.044 billion. Therefore, the rise in cyber-attack incidents is driving the growth of the telecom cyber-security solution market.

Market Trends - Major companies operating in the telecom cyber security solution market are increasing their focus on developing advanced solutions, such as advanced generative AI (artificial intelligence) technology for the telecom industry, to enhance security measures and resilience within the telecom industry. It leverages machine learning algorithms to create innovative cybersecurity solutions autonomously, improving threat detection and response capabilities. For instance, in September 2023, Netcracker Technology, a US-based software technology company, launched the GenAI Telco Solution. This platform features secure integration of popular generative AI models, robust security measures, an observability framework for accurate outcomes, and a unified approach for optimal business outcomes. This integration of artificial intelligence (AI) and machine learning (ML) ensures efficient processing of telco data, enhances customer interactions and strengthens data protection, addressing critical security concerns in the telecom cybersecurity solution market.

The telecom cyber security solution market covered in this report is segmented –

1) By Type: Device, Service, Software 2) By Deployment Model: Cloud, On-Premise 3) By Application: Small Businesses, Medium Businesses, Large Businesses

Get an inside scoop of the telecom cyber security solution market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14518&type=smp

Regional Insights - North America was the largest region in the telecom cyber security solution market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telecom cyber security solution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the telecom cyber security solution market are Microsoft Corporation, Accenture, International Business Machines Corporation, Cisco Systems Inc., PricewaterhouseCoopers International Limited, Schneider Electric SE, Broadcom Inc., Tata Consultancy Services, Bae Systems Inc., Capgemini, Cognizant, Infosys Limited, HCL Technologies Limited, Wipro Limited, Rockwell Automation Inc., Tech Mahindra Limited, Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., Symantec Corporation (NortonLifeLock Inc.), F5 Networks Inc., Splunk Inc., Check Point Software Technology Ltd., Trend Micro Incorporated, AO Kaspersky Lab, L&T Technology Services Limited (LTTS), Rapid7 Inc., CyberArk Software Ltd.

Table of Contents 1. Executive Summary 2. Telecom Cyber Security Solution Market Report Structure 3. Telecom Cyber Security Solution Market Trends And Strategies 4. Telecom Cyber Security Solution Market – Macro Economic Scenario 5. Telecom Cyber Security Solution Market Size And Growth ….. 27. Telecom Cyber Security Solution Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected]

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energyandpowertrends · 1 month ago

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Utility Communication Market: Role in Enhancing Grid Reliability and Data Transmission

The Utility Communication Market size was valued at USD 20.3 billion in 2022 and is expected to grow to USD 30.45 billion by 2030 and grow at a CAGR of 5.2% over the forecast period of 2023–2030.

Market Overview

Utility communication networks connect assets, such as substations, transformers, meters, and control centers, allowing utility companies to monitor, control, and automate infrastructure. With the rise of smart grids, these communication systems have become indispensable, enabling utilities to manage the increasing complexity of modern grids and respond efficiently to both routine and emergency situations. From smart metering to remote diagnostics and outage management, utility communication systems are transforming the way utilities manage their infrastructure, paving the way for greater resilience, reliability, and customer satisfaction.

The shift towards renewable energy sources, the decentralization of energy production, and the need to enhance grid resilience are all contributing to the utility sector’s focus on communication technologies. Key technologies driving growth in this market include fiber optics, wireless networks, power line communication (PLC), and cellular networks, among others.

Key Market Drivers

Rising Demand for Smart Grid Technologies: As utilities embrace smart grid initiatives, they require robust communication infrastructure to manage and automate operations efficiently.

Increasing Integration of Renewable Energy: The growth of renewable energy sources, such as wind and solar, is driving demand for reliable communication networks that can handle decentralized, variable power generation.

Focus on Grid Modernization and Resilience: Utility companies are investing in communication networks to enhance grid reliability and resilience, reducing the risk of outages and enabling rapid response to system disturbances.

Growing Urbanization and Demand for Electricity: Rapid urbanization is increasing demand for electricity and utility services, requiring scalable communication solutions to meet growing service needs.

Supportive Government Initiatives: Government policies and incentives supporting smart grids, renewable integration, and infrastructure digitization are accelerating utility investments in communication technologies.

Market Segmentation

The Utility Communication Market can be segmented by technology type, network component, utility type, application, and region.

By Technology Type

Wired Communication: Technologies like fiber optics and power line communication (PLC) provide secure, high-capacity data transfer, often used in stable grid environments.

Wireless Communication: Wireless technologies, such as cellular networks and radio frequency, offer flexibility and are essential for remote locations and mobile utility assets.

Hybrid Communication: Hybrid solutions that combine wired and wireless technologies are gaining traction for their ability to balance stability and adaptability in diverse utility settings.

By Network Component

Hardware: Components such as routers, switches, and communication towers facilitate data transmission and are crucial for establishing robust utility communication networks.

Software: Advanced software solutions enable real-time monitoring, control, and analytics of utility infrastructure, enhancing decision-making and operational efficiency.

Services: Services include installation, maintenance, and consulting to help utilities deploy and manage their communication networks effectively.

By Utility Type

Electricity: Utility communication systems are extensively used in electric power transmission and distribution, enabling grid automation, smart metering, and outage management.

Water: Communication technologies are used to monitor and control water distribution networks, helping reduce water losses and improve service reliability.

Gas: In gas utilities, communication systems facilitate leak detection, pipeline monitoring, and consumption metering to ensure safety and efficiency.

By Application

Smart Grid Communication: Smart grids rely on real-time communication for monitoring and managing energy distribution, load balancing, and fault detection.

Distribution Automation: Communication networks support the automation of distribution processes, enabling utilities to enhance reliability and reduce operational costs.

Advanced Metering Infrastructure (AMI): Communication systems are integral to AMI, allowing for remote reading, monitoring, and management of utility meters.

Substation Automation: Substation automation relies on communication networks to ensure efficient operation, real-time control, and fault management.

Regional Analysis

North America: North America is leading in the utility communication market, driven by extensive investments in grid modernization, smart meters, and renewable energy integration. The U.S. and Canada are seeing growth in utility communication as they aim to strengthen grid resilience and reduce greenhouse gas emissions.

Europe: Europe is at the forefront of renewable energy adoption, with countries like Germany, the U.K., and France focusing on smart grids and digital infrastructure. The European Union’s policies supporting clean energy transition are propelling investments in utility communication systems.

Asia-Pacific: Asia-Pacific is experiencing rapid market growth, with significant investments in smart grids and renewable energy infrastructure in countries like China, Japan, and India. Population growth and urbanization in the region are increasing the demand for efficient utility communication systems.

Middle East & Africa: The Middle East and Africa are emerging markets, with governments investing in utility communication to support smart city initiatives and improve energy efficiency. The region’s growing focus on renewable energy and grid reliability is further driving market expansion.

Latin America: Latin America is experiencing growth in the utility communication market as countries like Brazil and Mexico work to modernize their utility infrastructure and incorporate renewable energy sources into their grids.

Current Market Trends

Adoption of IoT in Utility Communication: The Internet of Things (IoT) is transforming the utility sector, enabling real-time data collection, remote monitoring, and automation of infrastructure through connected devices.

Growth of Advanced Metering Infrastructure (AMI): AMI adoption is increasing as utilities look to improve billing accuracy, manage energy consumption, and provide consumers with insights into usage patterns.

Focus on Cybersecurity: With utilities adopting digital communication networks, the need for robust cybersecurity measures is growing to protect against data breaches and ensure secure operations.

5G and Next-Generation Communication: The rollout of 5G networks is creating opportunities for faster, more reliable communication, especially in remote or challenging environments, enhancing utility communication capabilities.

Rise of AI and Machine Learning: AI and machine learning are being incorporated into utility communication networks to improve predictive maintenance, load forecasting, and demand management, enhancing operational efficiency.

Read Complete Report Details of Utility Communication Market: https://www.snsinsider.com/reports/utility-communication-market-2814

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SNS Insider is a global leader in market research and consulting, shaping the future of the industry. Our mission is to empower clients with the insights they need to thrive in dynamic environments. Utilizing advanced methodologies such as surveys, video interviews, and focus groups, we provide up-to-date, accurate market intelligence and consumer insights, ensuring you make confident, informed decisions.

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technonews-biz · 1 month ago

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GMI Cloud is building a new GPU infrastructure

The boom in artificial intelligence has created a huge demand for graphics processing units (GPUs). As many enterprises are looking to integrate artificial intelligence technologies into their systems, GPU infrastructure providers help them get access to the chips they need.

Cloud infrastructure

GMI Cloud, a San Jose-based startup that provides GPU cloud infrastructure, raised 82 million dollars in a Series A led by Headline Asia and strategic investors such as Banpu, a Thailand-based energy company, and Wistron, a Taiwan-based electronics company. Banpu will offer GMI Cloud capacity, while Wistron will develop products with the startup. The strategic partnership expands the company's ability to meet the growing global demand for GPUs, GMI Cloud founder and CEO Alex Ye told TechCrunch. The investment round, which brings the total capital raised to 93 mln dollars, consists of 15 mln dollars in equity and 67 mln dollars in debt financing.

Company launch

The company, which launched in 2022, started as a data center focused on providing Bitcoin compute node services. In an exclusive interview with TechCrunch, Ye said he noticed a growing demand for GPU computing power from investors and customers, and in response, shifted the company's focus to cloud-based artificial intelligence infrastructure.

Ye said the two-year-old startup already serves dozens of customers, including those in healthcare, research and telecommunications. The corporation plans to use the funding to build a new data center in Colorado. The facility will be needed to expand the company's capacity in North America and will complement existing data centers in Taiwan, Thailand and Malaysia. The company also plans to expand to 60-70 employees by the end of the year. The startup now has 35 employees in Asia and 18 in the US.

According to a recent McKinsey report, artificial intelligence could bring about 13 trillion dollars to the economy by 2030, of which the industrial sector will account for about 1 trillion dollars. According to a report by Grand View Research, the global artificial intelligence market will reach 1.8 trillion dollars by 2030.

Cloud processor vendors

GMI Cloud is not the only cloud GPU vendor. It competes with Coreweave, Nebius, Google Cloud's Vertex AI and major tech companies. Ye told TechCrunch that GMI Cloud differentiates itself from competitors with features such as customizable private cloud services and native support for Nvidia NIM, which simplifies integration with Nvidia hardware and software. He also noted that the company has a team of top-notch artificial intelligence engineers and high-performance computing (HPC) experts with experience in GoogleX, Alibaba Cloud and Supermicro.

“Our team has more than 20 years of experience in artificial intelligence and high-performance computing,” said Ye, who has 33 patents in artificial intelligence and extensive experience in building large-scale distributed systems. “GMI also offers professional artificial intelligence consulting services, helping enterprises train, customize and scale models, which is rarely offered by competitors.”

Cost-effective solution

GMI offers a cost-effective solution that provides optimized performance and resource management over competitors, supporting enterprises with end-to-end solutions from GPU hardware to artificial intelligence applications, Ye emphasized.

“In addition, we have a significant supply chain advantage by purchasing directly from manufacturers, allowing us to maintain a cost-effective and highly reliable supply chain,” Ye continued. “In addition, GMI is the only cloud service provider in Taiwan certified by Nvidia under the NCP/NPN program, further strengthening our competitive advantage in providing premium cloud services.”

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shubhampawrainfinium · 2 months ago

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Future-Ready: Why Cloud Infrastructure Is the Key to Innovation

The global cloud infrastructure market is anticipated to experience significant growth, driven by increasing digital transformation and the rapid adoption of cloud services across industries. According to the report, the market is projected to grow at a compound annual growth rate (CAGR) of approximately 11% from 2022 to 2028. In 2022, the revenue generated by the cloud infrastructure market was around USD 210 billion, and it is expected to exceed USD 405 billion by 2028.

What is Cloud Infrastructure?

Cloud infrastructure encompasses the hardware and software components that support cloud computing, including servers, storage, virtualization, and networking. These resources enable organizations to build and manage scalable applications and services over the internet. Cloud infrastructure is often categorized into three primary service models: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS).

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/42527

Market Dynamics and Growth Drivers

Key factors contributing to the expansion of the global cloud infrastructure market include:

Digital Transformation Initiatives: Companies across sectors are digitizing operations to enhance efficiency, streamline workflows, and deliver better customer experiences. Cloud infrastructure provides the necessary flexibility and scalability for this transformation.

Increasing Demand for Remote Work and Hybrid Environments: The COVID-19 pandemic accelerated the adoption of remote and hybrid work models, which, in turn, increased the reliance on cloud-based services and infrastructure. Cloud infrastructure enables secure access to data and applications from any location, supporting these evolving work environments.

Growth of Data-Intensive Applications: Data-driven applications, including AI, big data analytics, and IoT, require robust infrastructure capable of handling large volumes of data. Cloud infrastructure solutions provide the necessary resources to support such data-intensive workloads.

Cost Efficiency and Scalability: Cloud infrastructure enables organizations to reduce capital expenditures and operational costs by offering a pay-as-you-go model. This scalability allows companies to adjust their infrastructure resources as needed without extensive upfront investment.

Security and Compliance Advancements: With growing concerns around data privacy and cybersecurity, cloud providers are continuously enhancing their security measures. Many providers now offer industry-specific compliance and regulatory support, further encouraging cloud adoption across sectors.

Regional Analysis

North America: North America remains a leading region in the cloud infrastructure market due to the presence of major technology companies, extensive digital transformation efforts, and high cloud adoption rates. The U.S., in particular, is home to key market players and has a robust infrastructure for supporting cloud services.

Europe: Europe is a prominent market for cloud infrastructure, driven by rising demand for digital services, increasing government support for cloud adoption, and a growing emphasis on data protection. The region has also witnessed significant investments in data centers, especially in countries like Germany, the U.K., and France.

Asia-Pacific: The Asia-Pacific region is expected to exhibit the highest growth rate, fueled by rapid industrialization, the proliferation of mobile and internet usage, and increased investments in digital transformation initiatives. Countries like China, India, and Japan are leading the region’s cloud infrastructure adoption, with many businesses shifting to cloud-based models.

Latin America, Middle East & Africa: These regions are seeing gradual adoption of cloud infrastructure as organizations increasingly recognize the benefits of cloud technology. Market growth in these areas is driven by government initiatives, digitalization efforts, and the rising use of cloud-based applications in sectors such as retail, healthcare, and financial services.

Competitive Landscape

The global cloud infrastructure market is highly competitive, with several major players investing in technology enhancements, strategic partnerships, and geographic expansion. Key companies include:

Amazon Web Services (AWS): As a dominant player in the market, AWS offers a wide range of IaaS and PaaS solutions, known for their reliability, scalability, and comprehensive service portfolio.

Microsoft Azure: Microsoft’s cloud platform, Azure, is popular for its compatibility with hybrid cloud solutions, as well as its focus on enterprise solutions. Azure’s integration with Microsoft products makes it a preferred choice for businesses.

Google Cloud: Google Cloud provides scalable and secure infrastructure solutions, with a strong focus on AI and machine learning capabilities. It is popular among data-driven industries such as finance, healthcare, and retail.

IBM Cloud: IBM focuses on hybrid cloud solutions and advanced data analytics, serving large enterprises and industries that require high levels of compliance and data security.

Oracle Cloud: Oracle is known for its cloud solutions tailored for enterprise applications, particularly in database management and enterprise resource planning (ERP).

Report Overview : https://www.infiniumglobalresearch.com/reports/global-cloud-infrastructure-market

Challenges and Opportunities

The cloud infrastructure market faces certain challenges, such as data privacy concerns, regulatory complexities, and the potential for vendor lock-in. Organizations may face difficulties in migrating sensitive data and maintaining compliance with various international regulations. Additionally, cybersecurity remains a critical concern as the frequency and sophistication of cyberattacks continue to rise.

However, the market presents substantial opportunities. The integration of emerging technologies like artificial intelligence, blockchain, and IoT with cloud infrastructure is creating new avenues for growth. Additionally, edge computing and 5G technology are enhancing cloud performance, providing faster and more reliable connections, and enabling real-time data processing.

Conclusion

The global cloud infrastructure market is on a trajectory of steady growth, projected to expand from USD 210 billion in 2022 to over USD 405 billion by 2028, with a CAGR of around 11%. As organizations continue to modernize their operations, the demand for scalable, secure, and cost-effective cloud infrastructure solutions will remain strong. The market’s future growth will likely be driven by technological advancements, the expansion of data-driven applications, and the ongoing trend toward remote and hybrid work environments.

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Surgical Navigation Software Market

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global-research-report · 18 days ago

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Streamlining Operating Rooms with Advanced Surgical Booms

The global surgical booms market size is estimated to reach USD 618.37 million by 2030, registering a CAGR of 5.21%, according to a new report by Grand View Research, Inc. One of the major factors that drives the market growth includes the increasing adoption of surgical booms throughout the healthcare infrastructure which aims to enhance functionality of operating rooms. Additionally, many hospitals and ambulatory surgery clinics are adopting contemporary equipment management systems. The rising number of surgical procedures performed around the world is creating lucrative growth for the market.

Surgical booms are typically utilized in healthcare facilities that require quick access to medical gases like oxygen, nitrogen, and carbon dioxide as well as electrical power and audio-visual data services. Booms are now vital for organizing and centralizing surgical equipment, keeping cords out of the way to lessen tripping hazards, and providing shelves. These factors would further drive the market growth.

Leading market players are introducing innovative and customizable products which are further boosting the demand for surgical booms. For instance, in Dec 2020, the Skytron LLC launched the freedom boom bringing new and improved qualities like no brakes or buttons to push. The International Society of Aesthetic Plastic Surgery (ISAPS) has revealed the findings of its annual Global Survey on Aesthetic/Cosmetic Procedures, which show that plastic surgeons would perform more than 12.8 million surgical procedures globally in 2021, a 19.3% rise over the previous year.

Surgical Booms Market Segment Highlights

Based on product type the anesthesia booms segment accounted for the largest market share of 52.12% in 2022 as these are frequently used in hospital settings or any hybrid operating room

Based on installation, the roof-mounted segment held the largest market share of 59.87% in 2022 and the growth is attributed to factors such as its convenience and does not require lots of space in the operation room

Based on end-use, the hospitals segment held the largest market share of 29.90% over the forecast period

North America dominated the market at 30.9% in 2022 owing to factors such as favorable reimbursement and government & non-government initiatives to boost research and innovation

Asia Pacific has been estimated to be the fastest growing region due to the large population, increasing healthcare awareness as global economic power shifts away from developed countries towards emerging ones

Browse through Grand View Research's Medical Devices Industry Research Reports.

The global hand-held surgical instruments market size was estimated at USD 5.8 billion in 2024 and is projected to grow at a CAGR of 7.2% from 2025 to 2030.

The global neurosurgical instruments market size was estimated at USD 1.76 billion in 2024 and is projected to grow at a CAGR of 7.00% from 2025 to 2030.

Segments Covered in the Report

This report forecasts revenue growth at global, regional, & country levels as well as provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global surgical booms market report on the basis of product type, installation, end-use, and region.

Product Type Outlook (Revenue, USD Million, 2018 - 2030)

Equipment Boom

Anesthesia Boom

Other Boom

Installation Outlook (Revenue, USD Million, 2018 - 2030)

Floor Mounted

Roof Mounted

End-use Outlook (Revenue, USD Million, 2018 - 2030)

Hospitals

Ambulatory Surgical Centers

Dental Clinics

Others

Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

Canada

Europe

Germany

France

Italy

Spain

Denmark

Sweden

Norway

Asia Pacific

China

Japan

India

Australia

South Korea

Thailand

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

South Africa

Saudi Arabia

UAE

Kuwait

Order a free sample PDF of the Surgical Booms Market Intelligence Study, published by Grand View Research.

#Surgical Booms Market

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rohitpalan · 29 days ago

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Global Video Intercom Device Market to Total US$ 128,200 Million by 2033, Rising at a 13.2% CAGR | Future Market Insights, Inc.

According to a Future Market Insights (FMI) report, the market for video intercom devices was estimated to be worth US$ 32,780.7 Million in 2022. It is anticipated that the industry would be valued US$ 37,020.3 Million by 2023. The video intercom device market is going to expand at a 13.2% CAGR over the course of the forecast period, reaching a valuation of US$ 128,200.0 Million by 2033.

With a focus on convenience and sophisticated video surveillance, the market is anticipated to grow as new infrastructure is constructed in residential as well as business environments. For instance, since security is one of their top objectives, data centers are expected to increase and, as a result, bolster the demand for these devices.

Key Takeaways from the Market Analysis:

Over the course of the forecast period, the video intercom device industry in the United States will be growing at a 5% CAGR.

From 2023 to 2033, the Canada video intercom device industry is expected to expand at a 2% CAGR.

Video intercom device sales in the United Kingdom are projected to expand at a 5% CAGR over the course of the projected year.

From 2023 to 2033, the video intercom device market in France is anticipated to develop at a 8% CAGR.

Throughout the projected period, the China video intercom device industry is expected to expand at a rate of 9% CAGR.

In 2023, the market share of infant monitoring devices is projected to reach 5%.

The IP-based technology category accounted for 5% of the worldwide market in 2023.

“Rising demand for these devices for surveillance and security purposes at the entry-exit points of workplaces, societies, and buildings is anticipated to drive market expansion during the forecast period,” opines Sudip Saha, managing director and MD at Future Market Insights (FMI) analyst.

Competitive Landscape:

The market for video intercom devices has grown increasingly fragmented due to the presence of several local businesses. The top companies have also used a variety of strategies, such as collaborations, agreements, acquisitions, joint ventures, product launches, and expansions, to increase their market share.

To boost profitability, major global video intercom device companies are incorporating essential technologies such as facial recognition and complete artificial intelligence (AI).

Prominent Players in the Video Intercom Device Market are:

Panasonic Corporation

Honeywell Security

LEGRAND

Godrej Industries Limited

Zicom

Zenitel

Aiphone Corporation

Comelit Group S.P.A.

Dahua Technologies Co. Ltd

Hangzhou Hikvision Digital Technology Co. Ltd.

Key Developments:

In 2022, ASSA ABLOY acquired the developers of DoorBird. The ASSA ABLOY Group has purchased 100% of the assets in Bird Home Automation GmbH, the manufacturer of the DoorBird video doorbell. According to ASSA ABLOY, the purchase of DoorBird will strengthen its portfolio of IP door intercoms and present prospects for complementary expansion.

In 2022, Ring unveiled its newest device, which upgrades the apartment intercom to a smart one. The Ring Intercom is a do-it-yourself retrofit device that allows customers to connect to their home intercom and then use Wi-Fi to access the Ring application on their smartphone. It is intended primarily for use in European residential complexes with several flats (or apartments) sharing a single access point and a single audio intercom system.

Read More@https://www.globenewswire.com/news-release/2023/10/27/2768118/0/en/Global-Video-Intercom-Device-Market-to-total-US-128-200-million-by-2033-rising-at-a-13-2-CAGR-Future-Market-Insights-Inc.html

#Video Intercom Device Market

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farmacuticals · 2 months ago

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Technological Advancements Driving the Contrast Injector Market: An Industry Overview

Contrast injectors are medical devices used in diagnostic imaging procedures to introduce contrast media into a patient's body, enhancing the visibility of tissues, organs, and blood vessels. They are commonly employed in radiology procedures like CT scans, MRIs, and angiography, where accurate imaging is essential for diagnosis. Contrast injectors allow precise control over the injection rate and volume, ensuring consistent delivery of the contrast agent. With advanced technology, these devices help healthcare professionals achieve better diagnostic quality while ensuring patient safety, reducing errors, and enabling detailed visualization of internal structures.

In 2022, the market for contrast injectors was projected to be worth 13.07 billion USD. By 2032, the contrast injector market is projected to have grown from 13.71 billion USD in 2023 to 21.2 billion USD. Over the course of the forecast period (2024–2032), the contrast injector market is anticipated to develop at a CAGR of approximately 4.96%.

Size Contrast Injector Share

The global market for contrast injectors has seen significant growth over the years, driven by an increase in diagnostic imaging procedures worldwide. Factors such as the rising prevalence of chronic diseases, technological advancements, and an aging population are contributing to the increased adoption of contrast injectors. The size Contrast Injector share within the healthcare imaging market continues to expand as hospitals, diagnostic centers, and research facilities invest in advanced imaging technology. North America, Europe, and Asia-Pacific are leading regions in terms of market share, with North America holding the largest due to its developed healthcare infrastructure and high diagnostic procedure rates.

Contrast Injector Analysis

The contrast injector market is witnessing a dynamic transformation as manufacturers develop advanced devices with user-friendly features, such as automated contrast delivery systems and integration with imaging modalities. In addition to increased safety features, there is a rising demand for injectors with better data management and software compatibility. Contrast Injector Analysis indicates that this market's growth is further fueled by increased healthcare spending, supportive government initiatives, and advancements in healthcare IT systems. However, high costs associated with contrast injectors and regulatory compliance challenges may pose barriers to market growth.

Contrast Injector Trends

Several trends are shaping the future of the contrast injector market. First, the demand for dual-head injectors, which allow for simultaneous injection of saline and contrast media, is rising due to enhanced imaging capabilities. Second, portable and wireless contrast injectors are becoming popular in remote and emergency healthcare settings. Third, the integration of contrast injectors with hospital information systems and electronic health records enables better data tracking and patient monitoring. Fourth, eco-friendly contrast injectors that minimize waste and use lower volumes of contrast agents are gaining traction. Finally, artificial intelligence and machine learning are beginning to play a role in optimizing contrast injection protocols, personalizing patient care, and reducing potential side effects.

Reasons to Buy the Reports

In-depth Market Analysis: Obtain a comprehensive analysis of the global contrast injector market, including key drivers, challenges, and emerging trends.

Competitive Landscape Insight: Understand the competitive landscape and strategies adopted by major players, including product launches, partnerships, and acquisitions.

Market Size & Forecasting: Access accurate data on market size Contrast Injector share, growth projections, and potential opportunities in key regions.

Technological Advancements: Gain insights into the latest technological developments, such as AI integration, wireless systems, and dual-head injectors.

Regulatory Impact: Understand the regulatory requirements and compliance standards impacting the contrast injector market, aiding in strategic decision-making.

Recent Developments

Recent developments in the contrast injector market highlight advancements in device technology and strategic partnerships. For instance, several companies have introduced AI-enabled contrast injectors that personalize dosage based on patient-specific factors, aiming to enhance safety and diagnostic accuracy. Additionally, partnerships between contrast media suppliers and injector manufacturers have resulted in streamlined solutions for radiology departments. Wireless and portable contrast injectors are also seeing increased demand, especially in emergency medical care. Furthermore, market players are exploring eco-friendly materials and designs to reduce the environmental impact, aligning with the healthcare industry’s shift toward sustainable practices.

The contrast injector market is well-positioned for growth as innovations continue to improve patient outcomes and streamline diagnostic procedures.

Related reports:

healthcare informatics market

healthcare payer network management market

image guided surgery market

Top of Form

Bottom of Form

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industrynewsupdates · 1 month ago

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Continuous Renal Replacement Therapy Market Scenario, Size, Outlook and Forecast Report, 2030

The global Continuous Renal Replacement Therapy market was valued at USD 1,356.7 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. Several factors are driving this growth, including the increasing incidence of acute kidney injury (AKI), the rising number of sepsis cases, an expansion in the number of hospitals and urgent care centers, higher hospital admission rates, and consistent product innovations by leading market players. According to the American Kidney Fund, 37 million U.S. citizens are living with kidney disease, and 807,000 people in the U.S. are diagnosed with kidney failure. These statistics highlight the growing need for CRRT treatments, which are used to manage kidney failure and other kidney-related conditions.

The growing prevalence of kidney disease, especially in the aging population, is a major driver of demand for CRRT. Kidney diseases, such as Chronic Kidney Disease (CKD) and AKI, are leading causes of mortality worldwide. As these conditions increase in frequency, the need for effective renal replacement therapies, such as CRRT, grows. There has been significant progress in the technology used in CRRT devices, which has improved both clinical outcomes and the overall efficiency of treatment. Modern CRRT systems now feature automated data collection and standardized language protocols, enabling cross-institutional data comparisons. These advancements allow healthcare providers to better tailor treatments to individual patient needs, thereby improving patient outcomes and boosting the adoption of CRRT technologies.

With advanced CRRT devices, clinicians are better able to monitor and manage treatment parameters, which helps to improve patient care. The integration of real-time data, automation, and precise delivery of therapy ensures that patients receive the most appropriate care, ultimately leading to better recovery rates and reduced mortality. As a result, hospitals and healthcare providers are increasingly adopting these advanced CRRT machines, which is expected to drive the market further. The rise in hospital admissions due to kidney-related illnesses, as well as the rapid expansion of urgent care centers, is also contributing to the increasing demand for CRRT devices. The healthcare industry's growing infrastructure and emphasis on critical care units and intensive care units (ICUs) is making CRRT more accessible to patients worldwide.

Gather more insights about the market drivers, restrains and growth of the Continuous Renal Replacement Therapy Market

Regional Insights:

North America

In 2022, North America held the largest revenue share of 36.5% of the global CRRT market. Several factors contribute to this dominance:

• Aging Population: The aging population in North America, especially in the U.S., is a key factor in the rising demand for CRRT. As people age, the incidence of kidney diseases such as Chronic Kidney Disease (CKD) and AKI increases, creating a higher need for renal replacement therapies.

• Prevalence of Kidney Disorders: According to the U.S. Department of Health and Human Services, over 1 in 7 U.S. adults is estimated to have CKD, and the incidence of kidney failure continues to rise. This widespread prevalence of kidney disease is a significant driver for the adoption of CRRT therapies in hospitals and healthcare systems.

• Lifestyle Factors: The growing adoption of sedentary lifestyles and unhealthy dietary habits in North America has led to an increase in lifestyle-related diseases such as hypertension, diabetes, and kidney dysfunction, all of which contribute to the rising demand for CRRT.

• Technological Advancements and Healthcare Infrastructure: The high adoption of cutting-edge healthcare technologies, coupled with an extensive healthcare infrastructure, makes North America a leader in the CRRT market. Hospitals and urgent care centers are increasingly equipped with advanced CRRT machines, further boosting market growth.

Asia Pacific

The Asia Pacific region is projected to grow at the fastest CAGR of 9.8% over the forecast period. Several factors contribute to this rapid growth:

• Increasing Prevalence of Chronic Diseases: The rising incidence of diabetes, CKD, and hypertension in countries like China, India, and Japan is driving the demand for CRRT solutions. These chronic conditions are major risk factors for kidney failure, creating a pressing need for effective renal replacement therapies.

• Growing Healthcare Expenditure: The rising investment in healthcare infrastructure and increased healthcare spending in Asia Pacific countries are also contributing to market growth. Governments in the region are increasingly focusing on improving healthcare access and quality, especially in critical care and nephrology.

• Regulatory Support: In China, the government has introduced favorable policies such as the reduction in Value Added Tax (VAT) for medical manufacturing companies, which has encouraged the growth of the medical devices industry. These policies have made China an attractive market for medical device manufacturers, including those involved in CRRT solutions.

Browse through Grand View Research's Category Medical Devices Industry Research Reports.

• The global topical scar treatment market size was estimated at USD 1.69 billion in 2024 and is expected to grow at a CAGR of 11.9% from 2025 to 2030.

• The global demineralized bone matrix market size was estimated at USD 1.24 billion in 2024 and is projected to grow at a CAGR of 5.9% from 2025 to 2030.

Key Companies & Market Share Insights:

As demand for CRRT products rises, global manufacturers are accelerating production while also focusing on cost-effective solutions. Some notable companies and their activities in the CRRT market include:

• Nipro Corporation: In March 2022, Nipro, a leader in renal care products, launched the SURDIAL DX system. This futuristic hemodialysis system is designed to optimize dialysis treatment, making it more efficient and patient-friendly. By improving treatment quality, Nipro aims to strengthen its position in the CRRT market.

• Baxter International: In April 2022, Baxter International received FDA 510(k) clearance for its ST set, a product used in continuous renal replacement therapy. The ST set is pre-connected, uses a semipermeable membrane to purify blood, and is compatible with PrisMax or Prismaflex systems. This new clearance underscores Baxter's commitment to innovation and expanding its CRRT product line.

• Fresenius Medical Care: In June 2021, Fresenius Medical Care inaugurated a training center in Korea, aimed at supporting education for healthcare professionals in areas such as critical care, renal care, and treatment strategies. By focusing on training healthcare providers, Fresenius seeks to improve the quality of care and patient outcomes, thus driving the demand for CRRT therapies.

Key Continuous Renal Replacement Therapy Companies:

• B. Braun Melsungen AG

• Baxter International, Inc.

• Fresenius Medical Care AG & Co. KGaA

• Asahi Kasei Corporation

• NIPRO Corporation

• Toray Medical Co., Ltd

• NxStage Medical, Inc.

• Medtronic PLC

Order a free sample PDF of the Continuous Renal Replacement Therapy Market Intelligence Study, published by Grand View Research.

#Continuous Renal Replacement Therapy Market #Continuous Renal Replacement Therapy Market size #Continuous Renal Replacement Therapy Market share #Continuous Renal Replacement Therapy Market analysis #Continuous Renal Replacement Therapy Industry

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amrutmnm · 2 months ago

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Exploring the Growth of the Remote Towers Market: Key Factors and Projections

The Global Remote Towers Industry is rapidly expanding, driven by advancements in air traffic management (ATM) and digitalization in aviation. Remote Towers, a groundbreaking concept in air traffic control (ATC), enable air traffic services to be operated remotely from locations other than the airport itself. Initially designed for low-traffic airports, remote towers have now expanded to serve major international airports. This blog provides a comprehensive analysis of the remote towers market, covering how they work, their growth drivers, opportunities, Key Players, recent developments, and more.

What Are Remote Towers?

Remote towers are an innovative solution in air traffic management that allow air traffic control services to be provided remotely, away from the physical location of an airport. Traditional ATC towers require on-site controllers who rely on direct visual contact with aircraft. However, with remote towers, controllers can manage air traffic from a distant, centralized facility using advanced cameras, sensors, and digital displays to monitor and guide aircraft.

In 2021, the implementation of remote towers expanded to major international airports in London, Norway, and other regions, marking a significant step in air traffic management innovation. This shift not only enhances efficiency and safety but also allows cost-effective management of multiple low-traffic airports from a single control center.

How Do Remote Towers Work?

Remote towers function through a combination of high-resolution cameras, advanced communication modules, and digital displays that relay real-time data to remote air traffic controllers. Here’s how a typical remote tower setup works:

High-Resolution Cameras and Sensors: Cameras installed around the airport capture high-definition images and videos of the surroundings, providing panoramic views to remote ATC controllers.

Real-Time Data Transmission: The visual feed and other sensor data (like radar and weather data) are transmitted securely to a remote control center via dedicated high-speed networks.

Centralized Control Work Positions (CWPs): In the remote control center, air traffic controllers monitor the live feed on large digital screens, similar to the view from a traditional ATC tower. CWPs are equipped with various tools to communicate with pilots, access flight data, and monitor the airport environment.

Enhanced Digital Tools: Additional features like augmented reality, terrain mapping, and automated alerts help controllers make informed decisions and enhance safety. These tools work in tandem with artificial intelligence to create a highly efficient system.

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Market Growth Drivers

The Remote Towers Market is expected to grow from USD 0.3 billion in 2022 to USD 0.6 billion by 2027, at a CAGR of 19.6%. Several factors contribute to this robust growth:

Cost Savings: Remote towers allow multiple airports to be managed from a single control center, reducing the need for individual ATC towers at each airport. This significantly cuts infrastructure and personnel costs, especially for low-traffic and regional airports.

Increased Safety and Efficiency: Remote towers provide a safer environment for air traffic controllers by reducing the need for on-site personnel, who are often exposed to environmental risks in traditional towers. The use of advanced surveillance and communication systems also improves ATC operations' efficiency and accuracy.

Digital Transformation in Aviation: The aviation sector is rapidly adopting digital solutions. Digital towers are a key component of this shift, as they integrate with advanced air traffic management systems, enhancing real-time data handling and decision-making.

Government Initiatives: Programs like NextGen in the United States, SES (Single European Sky) in Europe, and OneSKY in Australia aim to modernize ATM infrastructure, laying the groundwork for remote towers.

Post-COVID-19 Demand Recovery: While the COVID-19 pandemic initially disrupted the aviation industry, air travel demand is recovering. As airports look to enhance operational efficiency post-pandemic, remote towers are emerging as a preferred solution.

Key Market Opportunities

The remote towers market offers several promising opportunities:

Expansion in Emerging Markets: As air traffic grows in regions like the Asia Pacific, more airports are adopting remote towers to manage increased traffic efficiently. Countries like India and China are expected to invest in remote tower technology as part of their aviation modernization programs.

Development of Digital Towers: The concept of digital towers expands upon remote towers, integrating artificial intelligence, augmented reality, and advanced automation to provide even more sophisticated ATC solutions. For instance, ENAIRE, with Indra Sistemas as its technological partner, is developing a digital control tower project in Spain, utilizing augmented reality for enhanced operational visibility.

Multi-Airport Management: Remote towers can handle multiple airports simultaneously, a feature being explored by the SESAR 2020 program in Europe. This setup allows controllers to switch between airports based on traffic volume, significantly increasing efficiency.

Growth of Small and Regional Airports: Remote towers are particularly beneficial for small and regional airports that cannot afford traditional ATC towers. By centralizing ATC services, these airports can improve safety and operational standards without high costs.

Military Applications: The military sector is exploring remote towers for airbase operations. Remote tower technology’s adaptability for different environments makes it an attractive option for the defense sector, offering strategic benefits and cost savings.

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Key Market Players

Several companies lead the remote towers market, including:

Saab AB (Sweden): Known for its Remote Tower technology, Saab is a major player, providing advanced ATC solutions for various airports globally.

Thales Group (France): Thales offers a comprehensive range of remote tower systems that integrate seamlessly with existing ATM infrastructures.

Frequentis Group (Austria): Frequentis focuses on communication and information systems for ATC, with remote tower solutions designed to enhance digital air traffic management.

Indra Sistemas (Spain): A leader in ATM and defense technology, Indra has partnered with ENAIRE to develop digital towers with augmented reality capabilities.

L3Harris Technologies (US): Known for its expertise in surveillance and communication systems, L3Harris provides cutting-edge solutions for remote towers.

Recent Developments

The remote towers market has witnessed several significant developments in recent years:

China Southern’s Agreement with Thales: In November 2021, China Southern signed a purchase agreement with Thales for ADS-B transponders, signaling increasing investment in advanced ATM systems.

Indra Sistemas' Contract with Korean Airport Corporation: In October 2021, Indra Sistemas won a contract to supply Instrument Landing Systems and Distance Measuring Equipment in South Korea, highlighting the demand for remote-controlled ATC solutions in Asia.

Frequentis’ Acquisition of L3Harris ATM Products: In 2021, Frequentis acquired parts of L3Harris’s ATM product segment, strengthening its position in the remote towers market.

Frequently Asked Questions (FAQs)

Q: What is the current size of the remote towers market? A: The global remote towers market was valued at USD 0.3 billion in 2022 and is projected to reach USD 0.6 billion by 2027, with a CAGR of 19.6%.

Q: What are some technological advancements in remote towers? A: Technological advancements include high-resolution cameras, augmented reality, automated alert systems, and digital displays that enhance the efficiency and safety of ATC operations.

Q: How has COVID-19 impacted the remote towers market? A: COVID-19 disrupted air traffic and delayed remote tower projects due to reduced air traffic. However, as air travel recovers, the demand for cost-effective ATC solutions is increasing, benefiting the remote towers market.

Q: Who are the key players in the remote towers market? A: Major players include Saab AB, Thales Group, Frequentis Group, Indra Sistemas, and L3Harris Technologies.

Q: What are the growth drivers for remote towers? A: Growth drivers include cost savings, increased efficiency, digitalization, government initiatives, and the post-COVID-19 recovery of the aviation industry.

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Key Takeaways

Market Growth: The remote towers market is projected to grow significantly, driven by cost-saving advantages and digital transformation in air traffic management.

Technological Advancements: Developments like augmented reality, AI integration, and enhanced communication modules are driving the evolution of remote towers.

Government Initiatives: Programs like NextGen, SES, and OneSKY are promoting the adoption of remote towers as part of aviation infrastructure modernization.

Opportunities for Multi-Airport Control: Remote towers enable centralized ATC operations for multiple airports, a key advantage for small and regional airports.

Key Players: Leading companies include Saab, Thales, Frequentis, Indra Sistemas, and L3Harris, all of which are investing in cutting-edge remote tower technology.

The remote towers market is poised for substantial growth as airports adopt digital solutions to manage air traffic more efficiently. From cost savings to enhanced safety, remote towers offer a promising solution to modernize global air traffic control infrastructure. With advancements in technology and increasing global air traffic, the adoption of remote towers is set to revolutionize airport operations, offering a secure and streamlined alternative to traditional ATC setups.

#remote towers market #remote air traffic control #remote towers growth #digital towers #remote towers key players #remote towers opportunities #remote towers market trends #remote air traffic management #remote towers forecast

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marketanalysisdata · 2 months ago

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Contact Center Software Market Segments by Application 2030

The global contact center software market was valued at USD 33.38 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 23.9% from 2023 to 2030. The primary driver of this growth is the increasing emphasis on enhancing customer experience. As businesses recognize the importance of high-quality customer service in fostering customer loyalty and satisfaction, they are investing in contact center software to improve response times, streamline interactions, and personalize each customer experience. In line with these efforts, the growing popularity of omnichannel communication is further accelerating the adoption of contact center solutions.

Modern customers expect to interact with companies through a variety of channels, including phone calls, email, live chat, social media, and more. Contact center software enables businesses to integrate and manage these diverse communication channels, ensuring that customers enjoy a seamless and consistent experience across all touchpoints. This omnichannel capability is especially important for companies looking to meet or exceed customer expectations for convenience and consistency.

In addition to omnichannel communication, the market is also driven by advancements in data analytics and artificial intelligence (AI). Contact center software now incorporates AI-powered tools, such as chatbots, speech analytics, and predictive analytics, which help businesses automate routine processes, derive actionable insights from customer interactions, and enhance operational efficiency. These AI-driven features allow companies to understand customer behavior, predict their needs, and improve the overall customer journey.

Gather more insights about the market drivers, restrains and growth of the Contact Center Software Market

The drive for cost optimization and increased operational efficiency is another significant factor fueling demand for contact center software. These solutions allow businesses to streamline workflows, automate repetitive tasks, and increase agent productivity through functionalities like call routing, workforce management, and real-time reporting. By optimizing resources, businesses can minimize operational costs and enhance efficiency. Moreover, as companies continue to expand globally, contact center software is becoming essential for managing customer interactions across regions and time zones.

One of the challenges in the contact center software market is the complexity involved in integrating new software with existing systems. Integrating modern contact center solutions into a company's existing infrastructure can be a complicated process, requiring careful planning and coordination. Legacy systems or outdated infrastructure may not always be compatible with new technologies, leading to potential disruptions or integration difficulties. To address this challenge, businesses are encouraged to conduct thorough assessments of their current systems and infrastructure to identify compatibility issues or gaps. This preparatory step allows organizations to plan necessary upgrades or modifications, facilitating smoother integration.

End Use Segmentation Insights:

In 2022, the IT & telecom segment led the contact center software market, holding a revenue share of over 24.0%. The IT and telecom sectors heavily rely on efficient customer support systems to resolve technical issues, provide guidance, and deliver high-quality service. Contact center software is crucial for optimizing these interactions, ensuring that communication between customers and IT & telecom companies is seamless. Features such as call routing, automatic call distribution, and customer relationship management (CRM) integration help IT and telecom providers manage high volumes of inquiries efficiently, enabling them to resolve customer issues quickly and effectively.

The consumer goods and retail segment is projected to grow at the fastest rate over the forecast period. With consumers increasingly using digital channels for shopping, consumer goods and retail businesses are adopting contact center solutions to meet the demands of a tech-savvy customer base. Contact center software enables these companies to provide personalized interactions, helping build stronger customer relationships. By automating high-quality service interactions, this software also allows customer service agents to focus on activities that drive revenue and strengthen brand perception. Furthermore, AI-powered tools support these businesses by offering enhanced insights into customer preferences and behaviors, allowing for better-targeted support and marketing efforts.

In summary, the contact center software market is expected to witness substantial growth driven by increasing customer experience demands, omnichannel capabilities, and advancements in AI and data analytics. Despite challenges related to system integration, the market is anticipated to expand as businesses across industries adopt these solutions to improve operational efficiency, customer satisfaction, and brand loyalty.

Order a free sample PDF of the Contact Center Software Market Intelligence Study, published by Grand View Research.

#Contact Center Software Market Trends #Contact Center Software Market Growth

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