#Sweden Software Development Market Growth
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trendingreportz · 8 months ago
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Sweden Software Development Market - Forecast(2024 - 2030)
Sweden Software Development Market Overview
The Sweden Software Development market size is analyzed to be $7,720.7 million in 2021 and is projected to reach $10,856.3 million in 2027, growing at a CAGR of 5.9% during the forecast period 2022-2027. The global Sweden Software Development Market size is estimated to surpass $3.7 billion by 2027, growing at an estimated CAGR of more than 5.8% during the forecast period 2022 - 2027. Software development is the process of creating, designing and deploying software, which is independent of computer hardware and makes the computer programmable using various programming languages. Software development is primarily conducted by computer programmers, software engineers and software developers. Programmers and coders write source codes to program computers for specific tasks like merging databases, processing online orders, routing communications, source code generation, conducting searches or displaying text and graphics among others. According to a report by OECD, Sweden has one of the most digitally savvy populations in Europe; when it comes to familiarity with the internet and the adoption of this medium in their daily lives. The recent shift towards digitization, coupled with the growing trend towards Industry 4.0 and the Internet of Things, are some of the major factors that are driving the growth of the Sweden Software Development market. Software development in Sweden has gained a lot of traction in recent years. The markets have witnessed an increasing number of investments and acquisitions, particularly towards Computer-aided software engineering, which is projected to propel the growth of the Sweden software development market. For instance, in May 2021, the Swedish Foundation for Strategic Research (SSF), an independent public research funding organization, announced an investment of $19.7 million in software development in SSF Future Software Systems.
Report Coverage
The report: “Sweden Software Development Industry Outlook – Forecast (2022-2027)” by IndustryARC covers an in-depth analysis of the following segments in the Sweden Software Development Industry.
By Language: Java, Javascript, Python, C#, C++, C, Php, Golang, Typescript, Matlab and Others.
By Market Demand: In-House on Payroll, Hired from Secondment Providers, Hired Freelancers, Fully Outsourced.
By Deployment Type: On-Premise, Cloud.
By Business Size: Small and Medium Business, Enterprises, Government.
By End-Use Industry: Banking And Financial Institutions, Insurance Firms, Media and Entertainment, Government, Defense, Telecommunications, Automotive, Consumer Goods and Retail, Healthcare, Manufacturing, Gaming, Others.
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Key Takeaways
With the growth of software development, artificial intelligence and data sharing, the need for proper guidelines and policies relating to cyber security has become more crucial than ever. In order to combat the cyber security challenge, the Government of Sweden introduced the NIS directive in 2018, which introduced the requirements on information security and incident reporting for providers of infrastructure that are critical to the Swedish society.
As of now, most of the threat surveillance work has been handled by the financial institutions themselves and had no centralized mechanism for the purpose. Due to the growing need for a regulatory framework, in April 2019, the government of Sweden updated its Swedish Protective Security Act, which is set to tighten requirements for the security of IT systems at critical infrastructure providers under the supervision of Finansinspektionen, including the banks and market infrastructure firms. Developments like these are proving the market with new growth opportunities and is analyzed to boost the demand for the software development market in Sweden.
Although Sweden established a national strategy for cyber and information security in 2016, yet this strategy does not provide any specific guidance on how to prevent, handle or mitigate cyber-attacks in the financial sector. According to the Combatting the Cyber Threat in Sweden 2020 report by Oliver Wyman, the publishing of a sector-specific strategy for cyber security to direct the work in the Swedish financial, is set to provide the regional market with high growth opportunities in the near future. Factors like these are creating high growth opportunities for the Sweden Software Development Industry.
Sweden Software Development Market Segment Analysis - by Industry Vertical
In terms of End-use industry, the government segment also accounted for some market share in 2021 in the Sweden Software Development industry. The segment generated a revenue of $1,011.3 million in 2021 and is analyzed grow at a high CAGR of 5.87% during the forecast period to reach $1,424.3m in 2027. This is mainly due to the growing government efforts to coordinate and support digitalization within public administration and establish a framework for digital security in financial institutions in recent years. Additionally, according to the Digital Public Administration Factsheet Sweden 2021 report, the government formally launched the open data portal, dataportal.se which is aimed to provide way access to data resources from both private and public sector organizations. Furthermore, In December 2020, the Swedish government signed the Berlin Declaration on Digital Society and Value-Based Digital Government, which is aimed to foster digital transformation and Internet of Things adoption in order to allow citizens and businesses to harness the benefits and opportunities offered by modern digital technologies.
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Sweden Software Development Market Segment Analysis - by Language
By Language, Java segment accounted for the dominant market share in 2021. The segment generated a revenue of $1,554.1m in 2021 and is analyzed to grow at a CAGR of 5.8% during the forecast period to reach $2,172.3m in 2027. This is mainly owing to the high penetration of java programming language across enterprises and the availability of resources across the region. Additionally, the high rate of digitally skilled personnel in Sweden has propelled the demand for the programing language in the region. Sweden has one of the highest proportions of digitally skilled users in the world. According to the EU Education and Training Monitor 2020, 71% of the 16–19-year-old population have above basic digital and computer programming skills which is higher than the EU average. Furthermore, the growing demand for personalized software products in the region has resulted in an increase in demand for Java programming language. For instance, according to the Open Trade Gate Sweden Report by the National Board of Trade, almost 49% of the large companies, regardless of industry, develop their own software products.
Sweden Software Development Market Drivers
Increasing adoption and promotion of AI by the Government of Sweden
Artificial Intelligence is playing a vital role in the digital transformation, as it enables human capabilities including understanding, reasoning, planning and more, to be undertaken by software. This significantly increases efficiency and helps in the reduction of costs. As a result, to tap into this opportunity, in 2020, the Ministry of Enterprise and Innovation issued a report on the National Approach to Artificial Intelligence, which acknowledged the transformative nature of AI across the Internet of Things and computer programming sectors, while also emphasizing the need to create a framework that allows for the safe, secure and favorable climate for digitization and harnessing the opportunities of AI. Additionally, According to a report by Indiai.gov, for the years 2018 and 2019, the Swedish government allocated a sum of SEK 40 Million to increase focus on further education within Artificial Intelligence. Furthermore, according to a report by Indiaai.gov, the Swedish Government research and innovation agency Vinnova, invested around SEK 3Bn each year in fostering innovation across technology, transportation, communication and labor. Developments like these are promoting and boosting the adoption of Artificial Intelligence in Sweden, which is, in turn, driving the growth of the underlying software development market in Sweden.
Growing adoption of digitization in Public Administration
Sweden has one of the highest rates of internet users in the world. According to World Bank Data, in 2020, 94.5% of the Sweden population used the internet. Additionally, according to Eurostat data, 91% of the percent of the population used to the internet to interact with public authorities. Due to this high internet usage in the region, the government of Sweden is increasingly focusing on digitizing the public administration process, which is propelling the demand for the underlying software development market in the region. In January 2019 the Government established the Ministry of Infrastructure which was responsible for digitalization and facilitating seamless coordination within the Ministry with support from the unit of Digital Government. Additionally, according to the Digital Public Administration Factsheet Sweden 2020, the Government launched the Oppndata.se portal, which is set to publish open data and boost data-driven innovation in this field. According to the Digital Public Administration Factsheet Sweden 2020, at the end of 2019, the government launched two new projects which were aimed to establish a national basic data framework for basic data in public administration. Furthermore, In November 2020, changes to the justice legislation were passed through the act(2020:918) amending the Swedish Code of Judicial Procedure which is aimed to further enable and facilitate digital communication in court proceedings. Again, in March 2021, the government of Sweden started the development of Ombud, which is a Swedish national infrastructure for secure and digital management of powers of attorney and is currently under development by the Swedish Companies Registration Office, in close cooperation with the Swedish Tax Agency and the DIGG. Developments like these are some of the main factors that are driving the growth of the Sweden Software Development Market.
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Sweden Software Development Market Challenges
The increasing cost of Logging and high tax brackets are restricting the growth
Since the beginning, software engineers and developers use Logs for troubleshooting issues. As a result, maintenance and storage of the logs have become quite expensive. For instance, according to a report by Forbes, logs are becoming extremely noisy and expensive to store, especially in the Martech industry, where there is a lot of quick transactions. This significantly reduces the profit margin of enterprises, thereby hampering the growth of the underlying market. Although enterprises like Logz.io are trying to address the issue, it is still prevalent as one of the major challenges that are restricting the growth of the Software development market in Sweden. Additionally, Sweden has one of the most expensive labor rates in the Europe region along with the highest tax brackets, which significantly reduces the profit margin. According to a 2021 report by the International Trade Administration (ITA), a VAT rate of 25% generally applies to the import or sale of most products in Sweden, which represents about 18% of Sweden’s GDP, is higher than the EU average of 13%. As a result, various enterprises are outsourcing their work to a different regions where a skilled workforce is available at a cheaper rate along with lower tax brackets. Factors like these are some of the major challenges that are restricting the growth of the Software development market in Sweden.
Sweden Software Development Industry Outlook
Product launches, acquisitions and R&D activities are key strategies adopted by players in the Software Development Market. The top 10 Sweden Software Development companies include:
Exoft
Seeba
Ecommatrix
Innovise Group
Rite NRG
Codeblue
Source A Network AB
LoopLabz
SolveIT
Beetroot AB
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Recent Developments
In March 2022, Talenom announced the acquisition of three accounting firms in Sweden named Lindgren & Lindgren Ekonomi AB, Confido AB and Redovisningsbyrån Öckerö AB. This acquisition is set to combine Talenom’s software development with expertise in the accounting industry in a unique way and strengthen its position across Sweden.
In March 2022, Swedish startup 'My Telescope' secured $3 million for its market intelligence software.
In November 2021, Swedish telecommunications giant Ericsson snapped up US cloud-service provider Vonage in a multibillion-dollar deal which is its biggest acquisition in recent years.
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global-research-report · 16 hours ago
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Ophthalmology PACS Market Dynamics: Challenges, Opportunities, and Growth Projections
The global ophthalmology PACS market size is expected to reach USD 248.6 million by 2030, expanding at a CAGR of 7.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Moreover, rising prevalence of eye diseases, such as cataract, glaucoma, age-related macular degeneration, and diabetic retinopathy, is expected to fuel demand for ophthalmology PACS in near future. The Department of Ophthalmology of National University of Singapore conducted a study in collaboration with National University Health System, Singapore and South Central Asia. According to this study, the number of glaucoma cases diagnosed in 2013 was 17.06 million, which is anticipated to reach around 32.9 million by 2040.
Product development, geographical expansion and M&A are some sustainability strategies adopted by major companies in this market. For instance, in August 2017, Carl Zeiss Meditec Inc., acquired Veracity Innovations, LLC, a U.S.-based medical software company that delivers cloud-based platforms to maximize clinical performance and work efficiency. These platforms help ophthalmologists in delivering personalized technology-enabled care to their patients. The acquisition is intended to expand the former company’s eye care-based digital solutions portfolio. The company is also focusing on expanding the business in Asia Pacific owing to larger patient pool in this region.
Ophthalmology PACS Market Report Highlights
Increasing cases of ophthalmic diseases, lack of skilled ophthalmologists, and growing usage of teleophthalmology solutions in developed countries are the factors driving the market
Cloud-based PACS is anticipated to register lucrative growth during the forecast period owing to features, such as interoperability and mutual performance, privacy and security, reduced errors, and improved quality
North America held the major share of the market in 2022 due to increased ophthalmic disease burden and healthcare expenditure by public and private firms in this region
Asia-Pacific is anticipated to register the highest CAGR during forecast period due to rising prevalence of glaucoma coupled with high demand for an effective diagnostic solution
Carl Zeiss Meditec AG; Topcon Corp.; Merge Healthcare, Inc. are the major companies in the global ophthalmology PACS market
Most of these companies are focusing on technological advancements, M&A, and R&D as part of their business expansion strategies
Ophthalmology PACS Market Segmentation
Grand View Research has segmented the global ophthalmology PACS market based on type, mode of action, end-use, and region:
Ophthalmology PACS Type Outlook (Revenue, USD Million, 2018 - 2030)
Standalone PACS
Integrated PACS
Ophthalmology PACS Mode of Action Outlook (Revenue, USD Million, 2018 - 2030)
On-premises System
Cloud-based System
Ophthalmology PACS End-use Outlook (Revenue, USD Million, 2018 - 2030)
Hospital
Specialty Clinics
Others
Ophthalmology PACS Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
Australia
Thailand
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East and Africa
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in Ophthalmology PACS Market
Carl Zeiss Meditec AG
Topcon Corporation
Heidelberg Engineering GmbH
Sonomed Escalon
Visbion
EyePACS, LLC
VersaSuite
Merge Healthcare Inc (IBM Watson Health)
ScImage, Inc.
Order a free sample PDF of the Ophthalmology PACS Market Intelligence Study, published by Grand View Research.
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industrynewsupdates · 12 days ago
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Microscope Software Market: A Comprehensive Overview of Growth and Innovation
The global microscope software market size is expected to reach USD 1.49 billion by 2030, registering a CAGR of 8.03% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market is attributed to the factors such as increasing demand for R&D in the life sciences and material science industry, rising adoption of digital pathology, and growing awareness about the benefits of a microscope. Technological advancements have also played an important role in driving market growth, as they have led to the development of advanced software solutions that are capable of providing detailed imaging and analysis of biological and other specimens.
Furthermore, advancements in microscopy have been done at a rapid pace and it has become an important tool in cell biology labs using 3D and fluorescent microscopy. Some of the advancements include the ability to capture high-resolution images and videos of microscopic samples, as well as proper image processing and analysis capabilities. Furthermore, the ability to automate and streamline many aspects of microscopy, allows researchers to perform experiments more efficiently and accurately. For instance, automated software can help to quickly identify specific structures or cells within an image, reducing the time and effort required for manual analysis
The COVID-19 pandemic had a positive impact on the market. There was a significant increase in demand for microscopes for research purposes related to the virus and other diseases. Researchers and scientists needed to quickly analyze and interpret large amounts of data from samples, which required advanced microscope software solutions. Owing to this, several companies operating in this market experienced an increase in demand for their products and services.
Gather more insights about the market drivers, restrains and growth of the Microscope Software Market
Microscope Software Market Highlights
• On the basis of type, integrated software captured the highest market share of 76.64% in 2022 due to its ability to integrate multiple imaging techniques to provide a more comprehensive analysis of samples at a time
• On the basis of application, life science captured the highest market share of 29.14% in 2022. This can be attributed to the high demand for microscope software in the life science industry for various purposes
• On the basis of type of microscopes, the electron microscope segment dominated the overall market in terms of revenue share of 41.08% in 2022. Due to its applications in various fields such as life sciences, semiconductors, and materials science and comparatively high product cost
• Asia Pacific dominated with 36.26% of market share in 2022, due to various factors such as high investments in R&D and product innovation by manufacturers
• Some of the major players include Carl Zeiss AG, Leica Microsystems, Nikon Corporation, Thermo Fisher Scientific Inc., Oxford Instruments plc, Olympus Corporation, and others.
Microscope Software Market Segmentation
Grand View Research has segmented the global microscope software market based on type of microscope, type of software, application, and region:
Microscope Software Type of Microscope Outlook (Revenue, USD Million, 2018 - 2030)
• Optical Microscopes
• Electron Microscopes
• Scanning Probes Microscopes
• Other Microscopes
Microscope Software Type of Software Outlook (Revenue, USD Million, 2018 - 2030)
• Integrated Software
• Standalone Software
Microscope Software Application Outlook (Revenue, USD Million, 2018 - 2030)
• Material Science
• Nanotechnology
• Life Science
• Semiconductors
• Others
Microscope Software Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Sweden
o Norway
o Denmark
• Asia Pacific
o Japan
o China
o India
o Australia
o Thailand
o South Korea
• Latin America
o Brazil
o Mexico
o Argentina
• MEA
o South Africa
o Saudi Arabia
o UAE
o Kuwait
Order a free sample PDF of the Microscope Software Market Intelligence Study, published by Grand View Research.
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automotive-and-aerospace · 26 days ago
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Service Robots Market Report
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Service Robots Market Report: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2031
The Service Robotswas valued at USD 24.29 billion in 2022. It is projected to reach USD 40.35 billion by 2031, growing at a CAGR of 21.3% during the forecast period (2023-2031). Service robots are referred to as robots designed to assist humans and perform useful work, except for manufacturing and industrial automation applications. Service robots are mainly intended to operate in fully automatic or semi-automatic modes and perform various tedious tasks, thereby offering safety and high efficiency in various applications.
Drivers in the Service Robots Market
The growth of the Service Robots Market is driven by several factors, including:
Increasing demand for automation and robotics in various industries
Advancements in artificial intelligence and machine learning technologies
Growing need for efficient and cost-effective solutions in healthcare, logistics, and other sectors
 Key Developments in the Service Robots Market
Strategic partnerships and collaborations among key players to develop innovative service robot solutions
Investments in research and development to improve the functionality and efficiency of service robots
Growing adoption of service robots in emerging markets, such as Asia-Pacific and Latin America
Request a Free Sample: https://straitsresearch.com/report/service-robots-market/request-sample
Top Key Players
The global Service Robots Market is dominated by several key players, including:
DeLaval International AB (Sweden)
Daifuku (Japan), Cyberdyne (Japan)
DJI (China), Kongsberg Maritime (Norway)
Northrop Grumman (U.S.)
iRobot (U.S.), SoftBank Robotics (Japan)
Intuitive Surgical Inc (U.S.)
Neato Robotics (U.S.)
KUKA Swisslog (Germany)
Lely (Netherlands)
ECA Group (France)
3DR (U.S.), Stryker Corporation (U.S.)
Parrot SA (France)
General Electric (U.S.)
Amazon Robotics (U.S.)
ecoRobotix (Switzerland)
GRAAL (Italy)
PrecisionHawk (U.S.)
Harvest Croo (U.S.)
Starship Technologies (U.S.)
Hanson Robotics (China)
UBTECH Robotics (China)
 Detailed Table of Content: https://straitsresearch.com/report/service-robots-market/toc
Segmentation Analysis of the Service Robots Market
The global Service Robots Market can be segmented into several categories, including:
By Type
Professional
Personal & Domestic
By Environment
Ground
Aerial
Marine
By Component
Hardware
Software
By Application
Domestic
Medical
Defense
Educational and Personal
Construction
Market Segmentation: https://straitsresearch.com/report/service-robots-market/segmentation
About Straits Research
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amrutatbrc1 · 29 days ago
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Night Vision Devices Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033
The night vision devices 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.
Night Vision Devices Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
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Market Size - The night vision devices market size has grown strongly in recent years. It will grow from $8.02 billion in 2023 to $8.8 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to adoption in recreational and outdoor activities, innovations in image quality, cost reduction and commercialization, development of compact devices, rise in law enforcement usage..
The night vision devices market size is expected to see strong growth in the next few years. It will grow to $12.25 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to integration of ai and machine learning, shift towards energy-efficient solutions, focus on lightweight and ergonomic designs, increasing demand for digital night vision, enhancements in range and detection capabilities.. Major trends in the forecast period include miniaturization and portability, advancements in image quality, integration of thermal imaging, enhanced connectivity features, rise in digital night vision..
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/night-vision-devices-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 - Rising military and defense sectors are expected to propel the growth of the night vision devices market going forward. The military sector encompasses organizations and activities related to the armed forces and national defense, while the defense sector specifically refers to industries and companies involved in producing military equipment and technology. Night vision devices in the military and defense sectors enhance nighttime visibility, aiding in covert operations, surveillance, and target acquisition while ensuring operational effectiveness in low-light conditions. For instance, in April 2023, according to the Stockholm International Peace Research Institute, a Sweden-based independent international institute dedicated to research into conflict, armaments, arms control, and disarmament, total global military expenditure increased by 3.7% in real terms in 2022 to a record high of $2,240 billion. In 2022, Russian military spending is projected to increase by 9.2%, or $86.4 billion. Moreover, the overall military expenditure in Asia and Oceania was $575 billion, an increase of 2.7% compared to 2021. Therefore, the rising military and defense sectors will drive the growth of the night vision devices market.
Market Trends - Major companies operating in the night vision device market are focused on developing true-color night vision devices, such as KAWA T6 security cameras to gain a competitive edge in the market. KAWA T6 are true-color night vision Security camera devices that can capture and display full-color imagery in low-light or nighttime conditions without additional illumination sources. For instance, in June 2023, KAWA Electronics Company Limited, a China-based smart technology and electronic audio and video manufacturing company providing night vision devices, launched the KAWA T6 and KAWA T6 Pro security cameras that offer innovative features, including true full-color night vision. The camera's performance is improved by adding a 1/1.79'' stacked CMOS (complementary metal oxide semiconductor) sensor, which enables them to record outstanding 4MP super HD resolution images with incredible clarity. The KAWA T6 and T6 Pro boast AI (artificial intelligence) technology that can detect motion and which human is moving, making them more accurate and reliable.
The night vision devices market covered in this report is segmented –
1) By Device: Goggles, Monocular And Binoculars, Camera, Glasses, Scopes, Other Devices 2) By Technology: Thermal Imaging, Image Intensifier, Infrared Illumination, Other Technologies 3) By Application: Military And Defense, Wildlife Spotting And Conservation, Surveillance, Targeting, Navigation, Other Applications
Get an inside scoop of the night vision devices market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=13294&type=smp
Regional Insights - North America was the largest region in the night vision devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the night vision devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies - Major companies operating in the night vision devices market report are RTX Corporation, BAE Systems PLC, Sharp Corporation, Safran Vectronix AG, Thales Group SA, Leonardo S.p.A., Elbit Systems Ltd., Teledyne Technologies Incorporated, Vista Outdoor Inc., Aselsan A.Ş., Excelitas Technologies Corp., Zhejiang Dali Technology Co. Ltd., Sellmark Corporation, B.E. Meyers & Co., Kopin Corporation, Meopta - optika s.r.o., American Technologies Network Corp., Newcon International Ltd., Steiner Optics GmbH, Adams Industries Inc., Opgal Optronic Industries Ltd., Nivisys LLC, Bering Optics LLC, Luna Optics Inc., N-Vision Optics LLC, Tactical Night Vision Company, Yukon Advanced Optics Worldwide, American Holoptics Inc., Tak Technologies Private Limited, Xenonics Holdings Inc.
Table of Contents 1. Executive Summary 2. Night Vision Devices Market Report Structure 3. Night Vision Devices Market Trends And Strategies 4. Night Vision Devices Market – Macro Economic Scenario 5. Night Vision Devices Market Size And Growth ….. 27. Night Vision Devices Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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jayanthitbrc · 1 month ago
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Global Observability Tools and Platforms Market Analysis 2024: Size Forecast and Growth Prospects
The observability tools and platforms 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.
Observability Tools and Platforms 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 observatory tools and platforms market size has grown rapidly in recent years. It will grow from $2.54 billion in 2023 to $2.85 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to regulatory compliance, aging infrastructure, increased complexity of operations, focus on operational efficiency, growing awareness of predictive maintenance.
The observatory tools and platforms market size is expected to see rapid growth in the next few years. It will grow to $4.43 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to industry 4.0 integration, sustainability and environmental concerns, globalization of supply chains, rise of performance-based contracts, increased emphasis on data-driven decision-making. Major trends in the forecast period include edge computing integration, artificial intelligence and machine learning adoption, blockchain for asset management, augmented reality (AR) for maintenance support, subscription-based and cloud solutions.
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/observability-tools-and-platforms-global-market-report
Scope Of Observability Tools and Platforms 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.
Observability Tools and Platforms Market Overview
Market Drivers - The increasing adoption of IoT is expected to propel the growth of the observability tools and platforms market going forward. Internet of Things (IoT) encompasses a network of interlinked physical devices, vehicles, appliances, and other objects equipped with sensors, software, and connectivity, facilitating the gathering and sharing of data. and network connectivity, enabling them to collect and exchange data. The advancements in areas such as artificial intelligence (AI) and machine learning (ML) are enabling deeper analysis of IoT data and unlocking new applications. Observability tools and platforms enable the collection, analysis, and visualization of vast amounts of data generated by IoT devices, aiding operators and developers in understanding system performance, identifying anomalies, and optimizing operations. For instance, in November 2022, according to a report published by Ericsson, a Sweden-based telecommunication company, broadband IoT (4G/5G), the primary connectivity for most cellular IoT devices, achieved 1.3 billion connections in 2022 and nearly 60% of cellular IoT connections are projected to be broadband IoT connections by 2026, predominantly using 4G. Further, Northeast Asia currently leads in cellular IoT connections and is expected to exceed 2 billion connections in 2023. Therefore, the increasing adoption of IoT is driving the growth of the observability tools and platforms market
Market Trends - Major companies operating in the observability tools and platforms market are developing advanced technologies, such as artificial intelligence (AI)-powered observability assistants, to gain a competitive edge in the market. These solutions utilize artificial intelligence techniques to collect, analyze, and interpret telemetry data such as logs, metrics, and traces within a software system. For instance, in May 2023, New Relic, a US-based software development company, launched relic grok, an AI-powered observability assistant. It is uniquely designed by leveraging generative AI and openAI's language models, to simplify observability for engineers. The users can interact in natural language to set up instrumentation, troubleshoot issues, generate reports, and manage accounts. Grok performs AI-driven root cause analysis, assists with code-level issue resolution, and automates reporting to support multiple languages and handle administrative tasks.
The observability tools and platforms market covered in this report is segmented –
1) By Component: Solution, Services 2) By Deployment Type: Public Cloud, Private Cloud 3) By End User: Banking, Financial Services And Insurance, Healthcare And Life Sciences, Retail And E-commerce, Manufacturing, Telecom And Information Technology, Government And Public Sector, Media And Entertainment, Other End Users
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Regional Insights - North America was the largest region in the observatory tools and platforms market in 2023. The regions covered in the observability tools and platforms market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Microsoft Corporation, International Business Machines Corporation (IBM), Broadcom Inc., Splunk Inc., Datadog Inc., ScienceLogic, Inc., Dynatrace Inc., Elastic N.V., New Relic Inc., SolarWinds Worldwide, LLC, Riverbed Technology LLC, Sumo Logic Inc., GitLab Inc., Nexthink S.A., Grafana Labs, AppDynamics LLC, LogicMonitor Inc., Auvik Networks Inc., Monte Carlo Data Inc., Honeycomb.io Inc., Graylog Inc., Sysdig Inc., Raygun Inc., Acceldata Inc., Lightstep Inc., StackState B.V., Instana Inc.
Table of Contents 1. Executive Summary 2. Observability Tools and Platforms Market Report Structure 3. Observability Tools and Platforms Market Trends And Strategies 4. Observability Tools and Platforms Market – Macro Economic Scenario 5. Observability Tools and Platforms Market Size And Growth ….. 27. Observability Tools and Platforms Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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tamanna31 · 4 months ago
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Digital Health Market Segmentation, Parameters and Prospects 2024 to 2030 Industry Research Report
Digital Health Industry Overview
The global digital health market size was estimated at USD 240.9 billion in 2023 and is projected to grow at a compound annual growth (CAGR) of 21.9% from 2024 to 2030. The market is driven by several factors, such as a strong domestic market for telehealthcare platform developers, mHealth app providers, wearable device manufacturers, and e-prescription systems.
Moreover, the healthcare industry exhibits high growth potential for the IT industry due to supportive government initiatives across all regions. The growing trend of preventive healthcare & the rise in funding for mHealth startups are other factors boosting the market.
Gather more insights about the market drivers, restrains and growth of the Digital Health Market
The rising incidence of chronic conditions such as diabetes, heart disease, and cancer is fueling the demand for remote monitoring and management solutions. Digital health tools can help patients track their health, adhere to treatment plans, and communicate with healthcare providers more effectively.
Global Digital Health Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends in each of the segments from 2018 to 2030. For this study, Grand View Research, Inc. has segmented the global digital health market report on the basis of technology, component, application, end-use, and region:
Technology Outlook (Revenue, USD Million, 2018 - 2030)
Tele-healthcare
Tele-care
Activity Monitoring
Remote Medication Management
Tele-health
LTC Monitoring
Video Consultation
mHealth
Wearables & Connected Medical Devices
Vital Sign Monitoring Devices
Heart Rate Monitors
Activity Monitors
Electrocardiographs
Pulse Oximeters
Spirometers
Blood Pressure Monitors
Others
Sleep Monitoring Devices
Sleep trackers
Wrist Actigraphs
Polysomnographs
Others
Electrocardiographs Fetal & Obstetric Devices
Neuromonitoring Devices
Electroencephalographs
Electromyographs
Others
mHealth Apps
Medical Apps
Women's Health
Fitness & Nutrition
Menstrual Health
Pregnancy Tracking & Postpartum Care
Menopause
Disease Management
Others
Chronic Disease Management Apps
Diabetes Management Apps
Blood Pressure & ECG Monitoring Apps
Mental Health Management Apps
Cancer Management Apps
Obesity Management Apps
Other Chronic Disease Management Apps
Personal Health Record Apps
Medication Management Apps
Diagnostic Apps
Remote Monitoring Apps
Others (Pill Reminder, Medical Reference, Professional Networking, Healthcare Education)
Fitness Apps
Services
Monitoring Services
Independent Aging Solutions
Chronic Disease Management & Post-Acute Care Services
Diagnosis Services
Healthcare Systems Strengthening Services
Others
Digital Health Systems
EHR
E-prescribing Systems
Healthcare Analytics
Component Outlook (Revenue, USD Million, 2018 - 2030)
Software
Hardware
Services
Application Outlook (Revenue, USD Million, 2018 - 2030)
Obesity
Diabetes
Cardiovascular
Respiratory Diseases
Others
End-use Outlook (Revenue, USD Million, 2018 - 2030)
Patients
Providers
Payers
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
US
Canada
Europe
UK
Germany
France
Italy
Spain
Sweden
Denmark
Norway
Asia Pacific
China
India
Japan
Australia
South Korea
Singapore
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
Saudi Arabia
UAE
Kuwait
Browse through Grand View Research's Healthcare IT Industry Research Reports.
• The global computerized physician order entry market size was valued at USD 1.94 billion in 2023 and is projected to grow at a CAGR of 6.3% from 2024 to 2030.
• The global healthcare cloud computing market size was valued at USD 19.6 billion in 2023 and is projected to grow at a CAGR of 12.7% from 2024 to 2030.
Key Digital Health Company Insights
Key players are adopting new product development, partnership, and merger & acquisition strategies to increase their market share. Apple, Inc., Google, Inc., and Qualcomm Technologies, Inc. are market leaders with a presence in more than 30 countries, including headquarters, manufacturing sites, distribution centers, and office locations. The Apple App Store features over 40,000 apps in the healthcare segment. In March 2023, to improve digital health, Apple Inc. announced plans to upgrade AirPods by adding ambient light sensors with health tracking features, including motion detectors, temperature monitors, blood oxygen level, and perspiration & heart rate, by 2025. In addition, H2O Therapeutics, a Turkey-based startup, received U.S. FDA clearance for its Parky app. This Apple Watch app monitors Parkinson’s disease symptoms, such as dyskinesia and tremors. Furthermore, Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., and Vodafone Group Plc. are the emerging market players.
Key Digital Health Companies:
The following are the leading companies in the digital health market. These companies collectively hold the largest market share and dictate industry trends
Telefónica S.A.
Epic Systems Corporation
QSI Management, LLC
AT&T
AirStrip Technologies
Google, Inc.
Hims & Hers Health, Inc.
Orange
Softserve
Computer Programs and Systems, Inc.
Vocera Communications
IBM Corporation
CISCO Systems, Inc.
Apple Inc.
Oracle Cerner
Veradigm
Mckesson Corporation
Hims & Hers Health, Inc.
Vodafone Group
Qualcomm Technologies, Inc.
Samsung Electronics Co., Ltd.
Recent Developments
In April 2023, Microsoft collaborated with Epic Systems Corporation to integrate AI into EHR, enabling healthcare practitioners to improve their productivity and patient communication with AI-enabled solutions
In March 2023, BlueRock Therapeutics LP entered a collaboration with Emerald Innovations and Rune Labs with a major focus on innovations using contactless & invisible, wearable digital health technology to improve monitoring of Parkinson's disease
In March 2023, Google launched Open Health Stack, an open-source program for developers to build health-related apps by including strategies, such as AI partnerships focusing on cancer screening
In March 2023, Nabla Technologies launched Copilot, a digital assistant tool, as a Chrome extension using GPT-3 for doctors to make patients' conversations turn into action
In March 2022, Samsung unveiled its latest innovation, a smart healthcare TV and advanced digital health solutions for healthcare facilities, at the Healthcare Information and Management Systems Society (HIMSS) Global Conference in Florida. Furthermore, Samsung and ShareSafe partnered to develop a secure solution for casting from mobile devices to Samsung Smart Healthcare TV
In March 2022, Epic Systems Corporation launched Garden Plot, which provides small independent healthcare groups access to Epic software solutions and an interoperability network
In March 2022, Vocera Communications, a part of Stryker, introduced Minibadge. This compact, portable, voice-driven wearable device integrates with clinical and operational workflows of healthcare facilities & enables hands-free communication.
Order a free sample PDF of the Digital Health Market Intelligence Study, published by Grand View Research.
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adityarana1687-blog · 4 months ago
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Transplantation Market Size To Reach $30.9 Billion By 2030
The global transplantation market size is expected to reach USD 30.9 billion by the year 2030, expanding at a CAGR of 9.3%, according to a new report by Grand View Research, Inc.  Growing incidence of organ failure has resulted in massive growth in the transplantation market.
Rising demand for transplant products such as tissue products, immunosuppressants, and organ preservation solutions is a major factor anticipated to boost the market’s growth during the forecast period. Thus, many biotechnology and medical device companies have begun to concentrate on the development of advanced transplant products for the management of organ failure.
Technological advancement in organ transplantation methods is another major factor supporting the market growth. The development of novel & improved transplant products such as tissue products and surgical instruments has majorly contributed to the expansion of the sector.
In addition, the introduction of advanced tissue products such as DeNovo NT Graft, Chondrofix Osteochondral Allograft, and DuraMatrix Collagen Dura Substitute Membrane provides higher benefits during treatment.  In addition, computerized support systems with advanced systems and software allow easy & effective maintenance of tissues. Thus, the availability of such advanced techniques supports an increase in the number of organ transplant procedures.
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Request a free sample copy or view report summary: Transplantation Market Report
Transplantation Market Report Highlights
Tissue products segment was the largest revenue-generating amongst others due to escalating number of tissue and organ transplant procedures
Tissue products segment is also expected to rise at the highest CAGR owing to advancements in transplantation products
Tissue transplant segment held the largest revenue share in the market, because of the rising number of skin, bones, heart valves, cornea, tendons, nerves, and veins procedures worldwide
The transplant centers segment is projected to expand at the highest CAGR during the forecast period owing to rising popularity of these centers for transplant procedures
The hospitals segment dominated the market in terms of revenue in 2022 owing to a large number of transplant procedures performed in hospitals
North America was the leading regional sector in 2022 and is projected to maintain its dominance during the forecast period owing to well-developed healthcare infrastructure
Existence of a large number of research laboratories, biotechnology, and medical device companies in the North America region is the major factor contributing to its large share
Transplantation Market Segmentation
Grand View Research has segmented the global transplantation market on product, application, end-use, and region:
Transplantation Product Outlook (Revenue, USD Million; 2018 - 2030)
Tissue Products
Immunosuppressive Drugs
Preservation Solution
Transplantation Application Outlook (Revenue, USD Million; 2018 - 2030)
Organ Transplantation
Tissue Transplantation
Transplantation End Use Outlook (Revenue, USD Million; 2018 - 2030)
Hospitals
Transplant Centers
Others
Transplantation Regional Outlook (Revenue, USD Million; 2018 - 2030)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
China
Japan
India
Australia
South Korea
Thailand
Latin America
Brazil
Mexico
Argentina
Middle East and Africa
Saudi Arabia
South Africa
UAE
Kuwait
List of Key Players in Transplantation Market
AbbVie, Inc.
Arthrex, Inc.
Zimmer Biomet
Medtronic
Novartis AG
Stryker
21st Century Medicine
BioLifeSolutions, Inc
Teva Pharmaceuticals
Veloxis Pharmaceuticals
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shubhampawrainfinium · 4 months ago
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"AI-Enabled Imaging: Enhancing Precision or Just Expanding Surveillance?"
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This market's growth is driven by increasing awareness of the early detection of chronic diseases, improved clinical decision-making and accuracy through AI, a shortage of healthcare professionals, advancements in AI technology, and rising regulatory approvals for AI-enabled devices. Additionally, the expanding therapeutic applications of AI-enabled devices contribute to market growth.
Market Lifecycle Stage
The AI-enabled medical imaging solutions market is currently in its development phase. Opportunities within this market are being fueled by the increasing adoption of AI and deep learning in imaging systems, technological advancements in imaging devices, and the growing use of AI-enabled medical imaging solutions in emerging markets. Key market trends include numerous collaborations among industry players, the adoption of machine learning and deep learning technologies in medical imaging, the introduction of new products, and the expansion of companies into the global market.
Impact of COVID-19
The COVID-19 pandemic initially shifted the focus of healthcare systems towards managing the crisis, leading to reduced hospital budgets and slower growth for AI applications. However, AI has been increasingly deployed in radiology departments worldwide to combat COVID-19. AI-based tools played a crucial role in diagnosis, prognosis evaluation, pandemic prediction, and drug discovery related to COVID-19, as highlighted in a September 2021 study published in Frontiers titled "Artificial Intelligence for COVID-19: A Systematic Review." This led to a positive impact on the adoption of AI in clinical settings and decision-making processes during the pandemic.
Sample pages of Report: https://www.infiniumglobalresearch.com/form/919?name=Sample
Market Segmentation
By Modality:
Computed Tomography (CT)
Magnetic Resonance (MR)
X-Ray
Ultrasound
Mammography
Multimodality Imaging Systems
Other Modalities
The CT segment is expected to dominate the global AI-enabled medical imaging solutions market.
By Product:
Software
Hardware
The software segment holds the largest share in the global AI-enabled medical imaging solutions market.
By Deployment Model:
Cloud- and Web-Based Solutions
On-Premises Solutions
Cloud- and web-based solutions dominate the global market in this category.
By Workflow:
Image Acquisition
Image Analysis
Detection
Diagnosis and Treatment Decision Support
Predictive Analysis and Risk Assessment
Triage
Reporting and Communication
The image analysis segment is expected to lead the market based on workflow.
By Therapeutic Application:
Specialty Imaging
General Imaging
Specialty imaging is anticipated to dominate the global market.
By Region:
North America: U.S., Canada
Europe: Germany, France, U.K., Italy, Spain, Switzerland, Sweden, Netherlands, and Rest-of-Europe
Asia-Pacific: Japan, China, India, Australia and New Zealand, South Korea, Singapore, and Rest-of-Asia-Pacific
Rest-of-the-World: Israel, Brazil, Mexico, and Rest-of-the-World
North America is the leading region in the global AI-enabled medical imaging solutions market.
Recent Developments in the Global AI-Enabled Medical Imaging Solutions Market
November 2022: Aidoc received U.S. FDA approval for its CT-based AI solution for diagnosing aortic dissection (AD) and all vessel occlusions (VOs).
September 2022: Aidoc partnered with Sana Klinikum Lichtenberg, Germany's largest private hospital network, to integrate its AI solution for pulmonary embolism (PE) across all facilities.
June 2022: Blackford Analysis Limited partnered with Us2.ai to bring advanced echocardiography analysis tools to the Blackford Platform.
May 2022: Butterfly Network, Inc. partnered with the Medical University of South Carolina to work on transforming patient care, health education, and medical research.
August 2021: Blackford Analysis Limited partnered with Qlarity Imaging to bring QuantX Diagnostic AI to radiologists via the Blackford Platform.
September 2021: Aidoc and Subtle Medical partnered to establish end-to-end AI solutions for medical imaging.
December 2020: Agfa HealthCare launched RUBEE for AI, a product that helps hospitals integrate AI into their imaging networks.
May 2020: Agfa HealthCare partnered with Northwest Clinics to expand the imaging platform of clinics with RUBEE for AI.
November 2021: Butterfly Network, Inc. formed a distribution partnership with Abdul Latif Jameel Health to distribute its Butterfly iQ+ ultrasound device across the Middle East, North Africa, Turkey, and India.
August 2021: Caption Health partnered exclusively with Butterfly Network Inc. to enhance early disease detection and management with AI-based diagnostics.
Report Overview : https://www.infiniumglobalresearch.com/market-reports/global-ai-enabled-imaging-solutions-market
How This Report Adds Value to an Organization
Product/Innovation Strategy: The report provides a comprehensive understanding of the various AI-enabled medical imaging solutions available for hospitals and diagnostic centers. It covers different modalities (CT, MR, X-ray, ultrasound, mammography, multimodality imaging systems, and other modalities), products (software and hardware), deployment models (cloud- and web-based solutions and on-premises solutions), workflows (image acquisition, image analysis, detection, diagnosis and treatment decision support, predictive analysis and risk assessment, triage, and reporting and communication), and therapeutic applications (specialty imaging and general imaging).
Growth/Marketing Strategy: The global AI-enabled medical imaging solutions market has witnessed significant developments, including business expansions, partnerships, collaborations, mergers and acquisitions, product launches, and funding activities. Partnerships, alliances, and business expansions make up the majority of developments in this market, followed by regulatory and legal activities and new product offerings.
Competitive Strategy: Key players in the global AI-enabled medical imaging solutions market are analyzed and profiled, with a detailed product benchmarking based on workflow, modality, and therapeutic application. This helps the reader understand how players compare against each other, presenting a clear market landscape. Additionally, the report provides insights into competitive strategies such as partnerships, agreements, collaborations, product launches and approvals, and funding scenarios, aiding in the identification of untapped revenue opportunities within the market.
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global-research-report · 21 days ago
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Europe Animal Health Market Analysis: Growth Drivers and Emerging Innovations
The Europe animal health market size was estimated at USD 16.5 billion in 2023 and it is projected to grow at a CAGR of 8.0% from 2024 to 2030. An increase in the number of pet owners, growing pet humanization, unceasing demand for meat and milk leading to a rise in livestock population, increase in the expenditure on veterinary medicines and other animal health products, growing awareness about animal welfare, government initiatives directed toward the wellbeing of animals, and growing availability of animal health solutions have driven the market growth in Europe.
Europe’s animal health market accounted for a 26.5% share (second-largest) of the global animal health industry in 2023. In recent years, the total population of production and companion animals has been on the rise. According to the FEDIAF 2023 report, 91 million households in the European Union region own a pet (46%), with around 127 million cats, 104 million dogs, and other pets. This population develops a huge demand for all sorts of animal health products including biologics, pharmaceuticals, diagnostics, equipment & disposables, medicinal feed activities, and other health-related solutions.
Europe Animal Health Market Segmentation
Pharmaceuticals led the market with the largest revenue share of 43.8% in 2023. Offerings such as parasiticides, anti-infective products, anti-inflammatory products, and analgesics are some of the pharmaceutical products used for animal health.
The production animals segment dominated the market with the largest revenue share of 65.7% in 2023. The global livestock population has been growing unceasingly and Europe holds a large share of this number.
Based on end-use, veterinary hospitals & clinics led the market with the largest revenue share of 72.1% in 2023. The point-of-care testing/in-house testing segment is projected to grow at a CAGR of 12.4% from 2024 to 2030.
The Poland animal health market is expected to experience a CAGR of 10.6% from 2024 to 2030. This growth can be attributed to a variety of drivers such as high milk consumption and dairy farming in the country, enhancements in economic conditions, and growing inclination of researchers to conduct clinical trials for animal health products.
Europe Animal Health Market Report Segmentation
This report forecasts revenue growth at a regional and country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Europe animal health market report based on product, animal type, end-use, distribution channel and country.
Product Outlook (Revenue, USD Billion, 2018 - 2030)
Biologics
Vaccines
Modified/ Attenuated Live
Inactivated (Killed)
Other Vaccines
Other Biologics
Pharmaceuticals
Parasiticides
Anti-infectives
Anti-inflammatory
Analgesics
Others
Medicinal Feed Additives
Diagnostics
Consumables, reagents and kits
Instruments and devices
Equipment & Disposables
Critical Care Consumables
Anesthesia Equipment
Fluid Management Equipment
Temperature Management Equipment
Rescue & Resuscitation Equipment
Research Equipment
Patient Monitoring Equipment
Others
Veterinary Telehealth
Veterinary Software
Livestock Monitoring
Animal Type Outlook (Revenue, USD Billion, 2018 - 2030)
Production Animals
Poultry
Swine
Cattle
Sheep & Goats
Fish
Companion Animals
Dogs
Cats
Horses
Others
End-use Outlook (Revenue, USD Billion, 2018 - 2030)
Veterinary Reference Laboratories
Point-of-care Testing/In-house Testing
Veterinary Hospitals & Clinics
Others
Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)
Retail
E-Commerce
Hospital/ Clinic Pharmacy
Country Outlook (Revenue, USD Billion, 2018 - 2030)
Germany
France
Italy
Spain
Switzerland
Netherlands
Russia
Sweden
UK
Poland
Ireland
Order a free sample PDF of the Europe Animal Health Market Intelligence Study, published by Grand View Research.
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robertemma27-blog · 6 months ago
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AI Camera Market Size, Share, Opportunities and Challenges
The global AI camera market in terms of revenue was estimated to be worth USD 7.6 billion in 2023 and is poised to reach USD 22.1 billion by 2028, growing at a CAGR of 23.9% from 2023 to 2028. The new research study consists of an industry trend analysis of the market.
AI cameras generate vast amounts of data. Companies are leveraging this data for actionable insights, which can be used to optimize operations, improve customer experiences, and drive business growth. These drivers collectively contribute to the development of the AI camera market, making it a dynamic and promising industry with a wide range of applications across multiple sectors.
Download Free PDF Guide:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=235818146
AI camera market dynamics Driver: Rising demand for surveillance solutions The increasing need for advanced surveillance and security systems in various sectors, including commercial, industrial, and residential, is driving the adoption of AI cameras. The industrial sector is increasingly adopting AI cameras to improve efficiency and safety. Industries like manufacturing and logistics leverage AI cameras for quality control, safety monitoring, and process optimization. These cameras can detect product defects on assembly lines or monitor worker safety compliance.
Restraint: Concern regarding data security Storing and processing the vast amounts of data generated by AI cameras poses significant data security restraints for businesses and individuals. AI cameras have advanced sensors and capabilities for facial recognition, object detection, and behavior analysis tasks. These cameras continuously capture and process video and image data, often in real-time, leading to substantial data volumes. Managing and securing such massive datasets can be a daunting task. Storing this voluminous data requires robust infrastructure, including secure servers, data centers, and cloud storage solutions. The choice of storage technology and its security measures is crucial to prevent data breaches.
Opportunity: Integration of AI cameras in healthcare The healthcare industry is witnessing a transformative shift towards digitalization and automation. AI cameras, equipped with advanced computer vision capabilities, are poised to play a pivotal role in this transformation by enhancing patient care, optimizing processes, and improving overall healthcare outcomes. AI cameras can provide high-definition video and audio for telemedicine consultations, improving the quality of remote healthcare interactions. AI cameras can capture high-resolution images of skin conditions and wounds, aiding dermatologists and wound care specialists in diagnosis and treatment planning.
Challenge: Lack of standardization Lack of standardization can lead to interoperability issues between AI cameras and other smart devices or software applications. For instance, an AI camera system may not communicate effectively with other IoT devices or surveillance software, limiting its ability to work collaboratively in a networked environment. Integrating AI camera systems into existing infrastructure or security systems can take time and effort without standardized interfaces and communication protocols.
Ai Camera Market Ecosystem The AI camera market is dominated by established and financially sound manufacturers with extensive experience in the industry. These companies have diversified product portfolios, cutting-edge technologies, and strong global sales and marketing networks. Leading players in the market include Sony Group Corporation from Japan, Panasonic Corporation from Japan, Hangzhou Hikvision Digital Technology Co., Ltd. from China, Samsung from South Korea, and Axis Communications AB  from Sweden.
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businessindustry · 6 months ago
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Software Analytics Market Key Players Forecast Till 2024-2032
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The Reports and Insights, a leading market research company, has recently releases report titled “Software Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Software Analytics Market Forecast share, size, trends, and growth. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Software Analytics Market?
The global software analytics market size reached US$ 6.1 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 13.9 billion in 2032, exhibiting a growth rate (CAGR) of 9.6% during 2024-2032.
What are Software Analytics?                                                                                                                                                                            
Software analytics is the practice of gathering, studying, and interpreting data produced by software systems to gain understanding of their performance, usage patterns, and user interactions. This involves employing methods like data mining, machine learning, and statistical analysis to extract meaningful insights from software data. By offering visibility into how software is utilized and how it can be enhanced to meet user and business requirements, software analytics aids organizations in making informed decisions regarding software development, maintenance, and deployment.
Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1887
What are the growth prospects and trends in the Software Analytics industry?
The software analytics market growth is driven by various factors. The market for software analytics is experiencing notable expansion, propelled by the rising uptake of data-driven decision-making practices in various sectors. Businesses are increasingly using software analytics to gain deeper understanding of their software development cycle, user interactions, and application effectiveness, leading to the creation of more effective software solutions. Moreover, the increasing need for instantaneous analytics and the incorporation of artificial intelligence and machine learning into software analytics tools are driving further growth in the market. Hence, all these factors contribute to software analytics market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Feedstock:
Vegetable Oils
Animal Fats
Algal Biomass
Other Biomass
By Technology:
Hydrotreating
Deoxygenation
Hydrogenation
By Application:
Chemicals & Polymers
Fuels
Others
By End-Use Industry:
Petrochemicals
Transportation
Others
Segmentation By Region:
North America:
United States
Canada
Asia Pacific:
China
India
Japan
South Korea
Australia & New Zealand
Association of Southeast Asian Nations (ASEAN)
Rest of Asia Pacific
Europe:
Germany
The U.K.
France
Spain
Italy
Russia
Poland
BENELUX (Belgium, the Netherlands, Luxembourg)
NORDIC (Norway, Sweden, Finland, Denmark)
Rest of Europe
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
The Middle East & Africa:
Saudi Arabia
United Arab Emirates
South Africa
Egypt
Israel
Rest of MEA (Middle East & Africa)
Who are the key players operating in the industry?
The report covers the major market players including:
IBM Corporation
Microsoft Corporation
SAP SE
com, Inc.
Tableau Software (now part of Salesforce)
SAS Institute Inc.
Oracle Corporation
Adobe Inc.
Google LLC
Amazon Web Services, Inc.
Teradata Corporation
QlikTech International AB
MicroStrategy Incorporated
Splunk Inc.
View Full Report: https://www.reportsandinsights.com/report/Software Analytics-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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jayanthitbrc · 2 months ago
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2024 Smart Home Appliances Market Outlook: Key Projections & Analysis
The smart home appliances 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.
Smart Home Appliances 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 smart home appliances market size has grown rapidly in recent years. It will grow from $39.93 billion in 2023 to $45.36 billion in 2024 at a compound annual growth rate (CAGR) of 13.6%. The growth in the historic period can be attributed to increasing energy costs, rising connected devices, growing disposable income, a growing focus on home security, and demand for convenience and automation.
The smart home appliances market size is expected to see rapid growth in the next few years. It will grow to $75.47 billion in 2028 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to rising demand for eco-friendly appliances, expanding 5G networks, increasing internet penetration in emerging markets, rising awareness of smart home benefits, and demand for real-time monitoring. Major trends in the forecast period include the increasing use of machine learning in appliances, rise in home automation systems, integration of smart appliances with home entertainment, use of blockchain for data security, and rise of solar-powered smart appliances.
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Scope Of Smart Home Appliances 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.
Smart Home Appliances Market Overview
Market Drivers - The improving connectivity infrastructure is expected to drive the smart home appliances market going forward. Connectivity infrastructure refers to the network systems and hardware that enable seamless communication and data transfer between devices, systems, and users. The rise of IoT (Internet of Things) is a crucial reason for the growth in connectivity infrastructure, as more connected devices demand faster, reliable networks for smooth operation. Connectivity infrastructure allows smart home devices to interact, share data, and be remotely controlled, improving convenience and energy efficiency for users. For instance, in 2023, according to a report published by Ericsson, a Sweden-based telecommunications company, total IoT connections reached 15.7 billion connections in 2023 and are expected to increase by 16% to 38.8 billion connections by 2029. Therefore, the improving connectivity infrastructure is driving the smart home appliances market.
Market Trends - Major companies operating in the smart home appliances market are focused on developing advanced solutions, such as artificial intelligence (AI)-driven smart connected appliances, to enhance home convenience and efficiency through intelligent, connected appliances that adapt to user behavior and needs. Artificial intelligence (AI)-driven smart connected appliances are devices equipped with AI technology that can analyze data, learn from user interactions, and communicate with other smart devices to automate and enhance household functions. For instance, in April 2024, Samsung Electronics Co. Ltd., a South Korea-based semiconductors and electronic products company, launched new connected Bespoke AI-Powered Home Appliances. It includes the Bespoke French Door Refrigerator with AI Family Hub+, Bespoke Infinite Induction Line, Bespoke AI Laundry Combo, Bespoke Jet Bot Combo AI, Bespoke Jet AI, and Bespoke Cube Air Infinite Line. They offer features such as AI-driven cycle adjustments, food management with internal cameras, and smart connectivity through SmartThings, significantly enhancing home convenience, efficiency, and integration with daily tasks.
The smart home appliances market covered in this report is segmented –
1) By Product: Washing Machine, Dishwasher, Refrigerator, Air Conditioner, Security Devices, Lighting Devices, Other Products 2) By Technology: Wi-Fi, Radio Frequency Identification, ZigBee, Cellular Technology, Bluetooth, Other Technologies 3) By Distribution Channel: Online, Offline 4) By Application: Personal, Commercial, Other Applications
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Regional Insights - Asia-Pacific was the largest region in the smart home appliances market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the smart home appliances market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the smart home appliances market are Apple Inc., Google LLC (Alphabet Inc.), Samsung Electronics Co. Ltd., Robert Bosch GmbH, Hitachi Ltd., Sony Corporation, LG Electronics, Panasonic Corporation, Midea Group, Xiaomi Corporation, Haier Group, ABB Group, Whirlpool Corporation, Sharp Corp., Koninklijke Philips N.V., Emerson Electric Co., Electrolux Group, Hisense Electrical Co Ltd., Miele & Cie. KG, Ecovacs Robotics Co Ltd., iRobot Corporation, Neato Robotics Inc.
Table of Contents 1. Executive Summary 2. Smart Home Appliances Market Report Structure 3. Smart Home Appliances Market Trends And Strategies 4. Smart Home Appliances Market – Macro Economic Scenario 5. Smart Home Appliances Market Size And Growth ….. 27. Smart Home Appliances Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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themarketupdate · 7 months ago
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Global Metal Casing Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2024
Latest added Global Metal Casing Market research study by Archive Market Research offers detailed outlook and elaborates market review till 2030. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are Amazon Web Services, Inc. (Washington, United States),Google LLC (California, United States),IBM Corporation (New York, United States),Microsoft Corporation (Washington, United States),SAP SE (Germany),Yellow Messenger (Karnataka, India),Labiba for Artificial Intelligence LLC (Dubai, United Arab Emirates),Gupshup (Maharashtra, India),SmartBots (Texas, United States),Aivo (Córdoba, Spain),Aifa.AI (Sydney, Australia),Dogtown Media. (California, United States),Peerbits. (Gujarat, India),Master of Code Global. (California, United States),Peltarion (Stockholm, Sweden),Verloop (Karnataka, India),Crisp IM SARL (France),LiveChat, Inc. (Massachusetts, United States),ManyChat, Inc. (San Francisco, United States),Chatfuel (San Francisco, United States),PandoraBots (California, United States),Botscrew (London, UK) etc.  Click for Free Sample Report + All Related Graphs & Charts https://archivemarketresearch.com/report/pet-snacks-and-treats-market-7/sample-report The Global Metal Casing Market size was valued at USD 33.27 billion in 2023 and is projected to reach USD 41.48 billion by 2032, exhibiting a CAGR of 3.2 % during the forecasts period. The latest edition of this report you will be entitled to receive additional chapter / commentary on latest scenario, economic slowdown and COVID-19 impact on overall industry. Further it will also provide qualitative information about when industry could come back on track and what possible measures industry players are taking to deal with current situation. Each of the segment analysis table for forecast period also high % impact on growth. The Global Global Metal Casing segments and Market Data Break Down are illuminated below: {"Component: Platform/Software Development Kit and Services","Deployment: Cloud and On-premises","Application: Website, Contact Centers, Social Media and Mobile Application","Industry: Banking, Financial Services and Insurance (BFSI"}
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bhavanameti · 7 months ago
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Industrial Automation Software Market to Reach $59.5 Billion by 2029
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Meticulous Research® —a leading global market research company, published a research report titled "Industrial Automation Software Market by Product (SCADA, DCS, MES, HMI, PLC, IT and Software Environment Integration Solutions, Production Process Test Systems), Deployment Type, End User, and Geography - Forecast to 2029".
The global industrial automation software market is projected to grow at a CAGR of 7.4% from 2022, reaching $59.5 billion by 2029. Key drivers of this growth include the increasing demand for automation to enhance manufacturing quality and reliability, the need for mass production with reduced operational costs, and the rise of Industry 4.0 and enabling technologies. Emerging automation-driven industries in developing countries also present significant growth opportunities for market players.
The market is segmented by product, deployment type, end user, and geography, with analysis at the regional and country levels.
Product Segmentation:
Supervisory Control and Data Acquisition (SCADA)
Distributed Control System (DCS)
Manufacturing Execution Systems (MES)
Human Machine Interface (HMI)
Programmable Logic Controller (PLC)
IT & Software Environment Integration Solutions
Production Process Test Systems
Automated Material Handling Systems
Coordinated Data Management Systems
Automatic Storage & Retrieval Systems
In 2022, SCADA is expected to hold the largest market share, driven by its role in data analysis and process optimization. However, the HMI segment is anticipated to experience the highest growth rate during the forecast period.
Deployment Type Segmentation:
On-Premise
Cloud-Based
The on-premise segment is expected to dominate the market in 2022 due to industries' preference for full security control. Conversely, the cloud-based segment is projected to grow at the highest CAGR during the forecast period.
End User Segmentation:
Oil & Gas
Chemicals & Materials
Paper & Pulp
Pharmaceuticals & Biotech
Mining & Metals
Food & Beverage
Power
Consumer Goods
Automotive
Machines & Tools
Semiconductors & Electronics
Aerospace & Defense
Other End Users
The oil & gas sector is forecasted to hold the largest market share in 2022, with significant automation needs in drilling operations, diagnostics, pipeline monitoring, and other areas. The chemicals & materials segment is expected to grow at the highest CAGR, driven by the adoption of IoT and process automation solutions to improve cost efficiency and innovation.
Geographic Segmentation:
North America
Asia-Pacific
Europe
Latin America
Middle East & Africa
Asia-Pacific is anticipated to hold the largest market share in 2022, supported by government initiatives for manufacturing digitization and investments in IIoT. Europe and North America follow in market size.
Key Market Players:
Emerson Electric Co. (U.S.)
ABB Ltd (Sweden)
Siemens AG (Germany)
General Electric Company (U.S.)
Schneider Electric SE (France)
Honeywell International Inc. (U.S.)
Rockwell Automation Inc. (U.S.)
HCL Technologies Ltd. (India)
Parsec Automation Corporation (U.S.)
SAP SE (Germany)
Tata Consultancy Services Limited (India)
Hitachi, Ltd. (Japan)
OMRON Corporation (Japan)
Aegis Industrial Software Corporation (U.S.)
IBM Corporation (U.S.)
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Which market segments exhibit the highest growth in terms of product, deployment type, end user, and country?
What is the historical market size for the global industrial automation software market?
What are the market forecasts and estimates for 2022–2029?
What are the major drivers, restraints, opportunities, and challenges in this market?
Who are the major market players and their market shares?
What is the competitive landscape of the global industrial automation software market?
What recent developments have occurred in this market?
What strategies are adopted by the leading players?
What are the key geographic trends and high-growth countries?
Who are the emerging local players and how do they compete?
This detailed market analysis provides valuable insights for stakeholders and helps in strategic decision-making.
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divinejhonson · 8 months ago
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Recruitment Agency for Sweden in Pakistan
Introduction:
Sweden, renowned for its innovation, sustainability, and progressive policies, offers a plethora of career opportunities across various sectors. As Sweden's economy continues to flourish in areas such as technology, healthcare, renewable energy, finance, and engineering, there is an increasing demand for skilled professionals. This demand has led to a strategic partnership between Sweden and Pakistan, with recruitment agencies playing a pivotal role in facilitating talent exchange and international careers.
Exploring Sweden's Dynamic Economy:
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The Role of Recruitment Agencies:
Best Recruitment Agency For Sweden serve as essential connectors, linking Swedish employers with talented professionals from Pakistan. These agencies streamline the recruitment process, ensuring that candidates meet legal requirements and possess the necessary skills and qualifications. They provide support in visa processing, cultural adaptation, and ongoing assistance post-placement, ensuring a smooth transition for both employers and candidates.
The Swedish-Pakistani Connection:
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Conclusion:
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