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mordormr · 1 month ago

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Europe Contract Logistics Market: Trends, Insights, and Future Outlook

The Europe Contract Logistics Market is on a growth trajectory, with significant developments expected in the coming years. Estimated to reach USD 292.77 billion in 2024, the market is projected to expand to USD 342.11 billion by 2029, reflecting a CAGR of 3.23% during the forecast period (2024-2029).

Europe Contract Logistics Market Overview

The European logistics sector is poised for a gradual recovery in 2024. As consumer purchasing power rebounds due to falling prices and rising wages, domestic demand is expected to increase. However, recovery rates will differ across countries. Advanced European economies are projected to see a modest growth of 0.7% this year, with some improvement in 2024 and 2025. Emerging European economies are anticipated to recover from a decline of 4.5% in 2021 to 1.1% in 2025, achieving a growth of 2.9% in 2024.

Inflation is projected to decrease, driven by lower energy prices and easing supply chain constraints, averaging 5.8% in advanced European economies this year and dropping to 11.9% by 2025. The cost of logistics in Europe constitutes about 11-12% of the region's GDP, underscoring its significance in the overall economy.

Key Trends Driving the Europe Contract Logistics Market

Growth in Outsourced Contract Logistics: The outsourcing share of contract logistics is relatively low globally, but Europe presents clear growth potential. Currently, about 20% of the European contract logistics market is outsourced, compared to 10-15% globally. The rise of e-commerce is a major driver of this trend, as businesses seek efficient warehousing and order processing solutions to meet growing consumer demands for faster and more reliable delivery.

Contract logistics providers offer various benefits to e-commerce companies, including advanced technology solutions, risk mitigation, and scalability. They also assist businesses in entering new markets and managing customs and VAT services.

Germany’s Strategic Position: Germany’s central location in Europe and its skilled logistics workforce make it an ideal hub for international shippers. With easy access to the EU's 500 million consumers, Germany is a key player in the European logistics sector. Approximately 70% of Germany’s foreign trade and related freight traffic occurs within Europe, with major trading partners including France and the Netherlands.

Recent developments highlight Germany's growing importance in the logistics market. For example, in June 2023, GXO announced plans to expand its presence in Germany with a new 587,000-square-foot warehouse. Similarly, in July 2023, Geopost and JD Logistics formed a strategic partnership to enhance global logistics capabilities, focusing on seamless express delivery solutions between China and Europe.

The United Kingdom’s E-commerce Boom

The UK stands as Europe’s third-largest e-commerce market, following China and the US. With online shopping and payments on the rise, the UK’s e-commerce market is one of the fastest growing in Europe. In 2023, UK households are expected to spend approximately GBP 120 billion (USD 152.54 billion) on e-commerce, growing at an annual rate of 8.8%.

The UK’s rapid adoption of digital retail trends has spurred demand for contract logistics services. For instance, EV Cargo’s recent investment in technology-driven supply chains and its expansion into road freight and warehousing demonstrate the growing need for sophisticated logistics solutions in the region.

Market Dynamics and Future Outlook

The Europe Contract Logistics Market features prominent players such as Deutsche Post DHL Group, Kuehne + Nagel International AG, DB Schenker, CEVA Logistics, and SNCF Logistics/Geodis. Despite the strong presence of these major players, the market remains somewhat fragmented, with numerous providers offering contract logistics services across different levels.

Emerging Opportunities

Opportunities in the European contract logistics market include the growth of pooled warehousing and specialized services for high-tech products. The ongoing evolution in market dynamics presents a chance for local logistics providers, particularly in Central and Eastern Europe, to expand their market share.

Conclusion

The Europe Contract Logistics Market is set for steady growth, driven by increased outsourcing, e-commerce expansion, and strategic investments in logistics infrastructure. As the market continues to evolve, staying abreast of these trends and leveraging emerging opportunities will be crucial for businesses aiming to thrive in this dynamic sector.

#Europe Contract Logistics Market #Europe Contract Logistics Market Share #Europe Contract Logistics Market size #Europe Contract Logistics Market Trends

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omshinde5145 · 2 months ago

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Riding the Wind: The Bright Future of Offshore Wind Energy

The Offshore Wind Energy Market was valued at USD 34.6 billion in 2023-e and will surpass USD 77.6 billion by 2030; growing at a CAGR of 12.2% during 2024 - 2030. The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions.

In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market.

Get a Sample Report: https://intentmarketresearch.com/request-sample/offshore-wind-energy-market-3318.html

The Wind in Our Sails: Market Drivers

Environmental Imperatives

Climate change and environmental degradation are pressing global concerns. Governments worldwide are setting ambitious targets to reduce greenhouse gas emissions, and renewable energy sources like offshore wind are key to achieving these goals. Offshore wind farms offer a significant reduction in CO2 emissions compared to fossil fuels, making them an attractive option for a sustainable future.

Technological Advancements

Technological innovations have played a crucial role in making offshore wind energy more viable and cost-effective. Developments in turbine design, floating platforms, and installation techniques have led to increased efficiency and reduced costs. For instance, the rise of floating wind farms has opened up deeper waters for energy production, expanding the potential for offshore wind projects.

Government Support and Policy Frameworks

Supportive government policies and incentives are crucial drivers for the offshore wind energy market. Subsidies, tax incentives, and favorable regulations have encouraged investments and accelerated the development of offshore wind projects. Countries like the UK, Germany, and China have implemented robust policy frameworks that have significantly boosted their offshore wind capacities.

Increasing Energy Demand

The global demand for energy is continuously rising, driven by population growth, urbanization, and industrialization. Offshore wind energy presents a reliable and scalable solution to meet this growing demand sustainably. Its ability to generate large amounts of electricity, even during peak demand periods, makes it a valuable asset in the energy mix.

Blowing in the Wind: Technological Innovations

Larger and More Efficient Turbines

The evolution of wind turbine technology has been remarkable. Modern turbines are larger, more efficient, and capable of generating significantly more power than their predecessors. Innovations such as direct-drive turbines and advanced blade designs have enhanced energy capture and reduced maintenance costs.

Floating Wind Farms

Traditional offshore wind farms are anchored to the seabed, limiting their deployment to relatively shallow waters. However, floating wind farms, which are tethered to the ocean floor but float on the surface, have revolutionized the industry. They enable the exploitation of wind resources in deeper waters, where wind speeds are generally higher and more consistent.

Digitalization and Smart Grids

The integration of digital technologies and smart grids is enhancing the efficiency and reliability of offshore wind energy. Advanced monitoring systems, predictive maintenance, and real-time data analytics are optimizing the performance of wind farms. Additionally, smart grids facilitate better integration of wind energy into the overall energy system, ensuring a stable and reliable power supply.

Get an insights of Customization: https://intentmarketresearch.com/ask-for-customization/offshore-wind-energy-market-3318.html

Charting the Course: Future Outlook

The future of offshore wind energy looks promising, with projections indicating substantial growth in the coming decades.

Expanding Global Footprint

While Europe has been a leader in offshore wind energy, other regions are catching up. Asia, particularly China, is rapidly expanding its offshore wind capacity. The United States is also making significant strides, with several large-scale projects in the pipeline.

Cost Reduction

As technology advances and economies of scale are achieved, the cost of offshore wind energy continues to decline. This trend is expected to persist, making offshore wind increasingly competitive with other energy sources.

Energy Transition Policies

With more countries committing to net-zero emissions and renewable energy targets, offshore wind energy will play a critical role in the global energy transition. The continued support from governments and international organizations will be vital in driving the market forward.

Conclusion

Offshore wind energy is not just a fleeting trend; it is a cornerstone of the global shift towards sustainable energy. With its immense potential, technological advancements, and robust support systems, the offshore wind energy market is set to soar to new heights. As we harness the power of the wind, we move closer to a cleaner, greener, and more sustainable future.

#Offshore Wind Energy #Offshore Wind Energy Trends #Offshore Wind Energy overview #Offshore Wind Energy Growth

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jcmarchi · 3 months ago

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Josh Claman, CEO of Accelsius – Interview Series

New Post has been published on https://thedigitalinsider.com/josh-claman-ceo-of-accelsius-interview-series/

Josh Claman, CEO of Accelsius – Interview Series

Josh Claman is the CEO of Accelsius, he is an expert global executive with over 30 years of experience in data center technology. He’s driven growth and innovation at NCR, AT&T, and, as a Dell Executive, he managed significant business units across Europe and the Americas, including as General Manager of Dell UK. Post-Dell, he has led ventures in 3D printing and digital health, championing transformative tech. He holds degrees with honors from the University of Illinois and advanced business qualifications from the University of South Carolina and Oxford University.

Accelsius was formed in 2022 to develop and commercialize a cooling solution system based on years of scientific thermal research conducted by Bell Labs. Founded by Innventure — a technology commercialization company that specializes in identifying, funding, and scaling disruptive technologies — our experts have created a new liquid cooling system that is serviceable, scalable and resilient: NeuCool.

Can you tell us about how you became the CEO of Accelsius to commercialize its liquid cooling technology?

Over the past 18 months, the data center industry recognized that traditional, brute force air cooling techniques had reached their limits for data centers as new emerging AI, machine learning and other compute-intense applications started flooding data centers from Hyperscalers to enterprise and COLO operations. To keep pace, chip and server performance and resulting wattages, and the associated thermals, were growing at an unanticipated rate. Innventure, which funds innovative and sustainable technology companies, identified an IP from Nokia Bell Labs that delivered a two-phase, direct-to-chip solution that had the potential with further advanced engineering development and productization to revolutionize the industry.

Innventure bought the IP and asked me to come on board to build the company and commercialize the NeuCool technology into an enterprise-class solution. Soon after that, ChatGPT was launched just a few months later. This accelerated us into a tremendous growth phase with high-TDP, AI chips that demanded liquid cooling.

How does Accelsius’ two-phase, direct-to-chip liquid cooling system differ from traditional air cooling methods?

Air cooling is a common but remarkably energy-inefficient solution used to cool data centers, particularly in dry, hot climates. As chips become more powerful and compute demands grow, air cooling becomes increasingly unsustainable and in-efficient. Air is not a good conductor of heat compared with liquid, which has up to 4,000 times greater amount of heat rejection compared with air.

With NeuCool, Accelsius direct-to-chip technology, the A1 safety-rated liquid coolant is pumped to Vaporators (or engineered cold plates) in place of the heatsinks on electronic components in an air-cooling configuration. While most of the heat (80%) is taken away by the NeuCool 2 phase Vaporators at the chip-level (CPU, GPU) and via the entire cooling loop, fans are still needed to help remove heat at the board level, but at a very low volume and velocity in most cases.

Direct to chip liquid cooling has an estimated 50% savings in energy costs and CO2 emissions in comparison to traditional air cooling.

Can you explain the environmental benefits of your cooling technology, particularly in terms of CO2 emissions and water usage?

We use up to half as much electricity as an air-cooled data center – which means we reduce CO2 emissions by the same amount. We also consume zero water in our system, leading to greater environmental impacts.

How does Accelsius Ascent Model help data center operators transition from air to liquid cooling?

Many new data center and edge computing build-outs are being architected and constructed to facilitate liquid cooling from the start. For brownfield or existing data centers, NeuCool is uniquely able to be easily retrofitted with the familiar form factor of a direct-to-chip solution.

The Accelsius Ascent Model is a collaborative program that enables, empowers and actively guides data center operators through a progressive transition to liquid cooling. This unique program ensures that customers systematically receive maximum support, value and all key benefits of the NeuCool System.

We ensure a smooth transition into liquid cooling from air cooling potentially reaching its limits. The process involves modifications or retrofits to the server, rack and even facility. Our Kickstart program, part of the Ascent model, offers customers willing to try liquid cooling a chance to plan, test and gain experience in liquid cooling and forecast a hybrid IT environment for a smooth transition away from air cooling.

What challenges did you face while commercializing your technology, and how did you overcome them?

The historical supply chain crisis impacted our sector particularly hard, and this was something I was keenly aware of as I was working to scale Accelsius in 2022. We’ve prioritized a multi-layer AVL that will protect us in the future, and have also committed to having 85% of our top vendors be NAM based to enable a more responsible supply chain.

We also have a dynamic manufacturing and assembly model which blends lower volume, early stage in-house production with an integrated tier 1 global manufacturing partner, which gives us more control and flexibility.

How do you see the role of liquid cooling evolving as AI and machine learning technologies continue to advance?

As AI and ML advancements increase, direct to chip liquid cooling will eventually become the de-facto cooling technology in data centers. Leaders at NVIDIA and Intel have already declared this in recent announcements, supported by this blog here.

What advice would you give to other entrepreneurs looking to tackle complex technical challenges in the hardware technology space?

Don’t get too far ahead of yourself and run out of runway: this is one of the main reasons hard tech businesses fail.

While the phrase “Move slow, don’t break things” works well for companies that emphasize speed and experimentation, the exact opposite is true for those pursuing operational innovation.

It is important to remember that just because a technology or new way of doing business is novel doesn’t mean it’s always appropriate for the buyer or the market. Operational innovation results from a cautious approach built with iterative steps rather than transformational ones.

Can you share any success stories or case studies where Accelsius’ technology has made a significant impact on data center operations?

One noteworthy partner is Texas Advanced Computing Center (TACC). We now support Vista, which is a new leading-edge, high-performance supercomputer, that manages TACC’s AI workloads. Vista uses NVIDIA GH100 Grace Hopper Superchips with TDPs up to 1000 watts per socket.

As per confidentiality standards, we plan to release additional customer profiles soon.

What do you think are the biggest misconceptions about liquid cooling technology in the industry today?

There are a few misconceptions about liquid cooling in the industry that I am happy to address.

First, we have seen some hesitation in combining liquids and servers within data center racks. Our direct-to-chip architecture is heavily engineered to prevent leakage, subsiding this popular fear. In the rare event that there is a leak, the dielectric fluid we use will not destroy or damage servers.

Another common misconception is that liquid cooling technologies are difficult to implement into current brownfield data centers. If done correctly, direct-to-chip cooling technology should fit into traditional racks without the need for special mounting or difficult retrofitting.

How does Accelsius plan to scale its operations to meet the growing demand for advanced cooling solutions?

We have a robust product portfolio, enabling modular building of liquid cooling solutions from one rack to many – with increasing heat removal capability as rack densities continue to grow. We also have an expansive partner eco-system that enables us to assemble, deploy, integrate and service at volume and across a wide geographic coverage area. Lastly, in 2024 we’ve launched our presence in Europe, and will continue to expand our services there.

Thank you for the great interview, readers who wish to learn more should visit Accelsius.

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alliance00 · 3 months ago

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Guide to How to Select Right Manpower Agency in the UK

Choosing the right manpower agency in the UK is pivotal for organizations trying to upgrade their manpower effectiveness and track down top talent. A very much picked office can fundamentally smooth out the employing system, diminish enrollment costs, and add to the general progress of your association. Here is an exhaustive manual to assist you with choosing the most reasonable manpower agency for your necessities.

1. Define Your Requirements

Prior to starting your inquiry, clearly define what you need from a manpower agency. Consider the following factors:

- Industry Specialization: A few offices work in specific areas, like IT, medical services, or designing. Pick a manpower agency in the UK with experience and ability in your industry to guarantee they comprehend the particular abilities and capabilities required. - Kind of Employment: Decide if you really want brief, super durable, or contract staff. Various organizations might succeed in different sorts of arrangements.

2. Evaluate Agency Reputation

A legitimate organization is bound to have great competitors and offer phenomenal support. Research likely organizations by:

- Checking Surveys and Testimonials: Search for input from different organizations that have utilized the office's administration. Online surveys, contextual investigations, and client tributes can give bits of knowledge into their dependability and viability.

- Evaluating Industry Reputation: Explore assuming that the office is perceived by proficient bodies or has gotten industry grants.

3. Survey Their Enrollment Process

Understanding the office's enrollment cycle can assist you with measuring how they will meet your staffing needs. Key viewpoints to consider include:

- Applicant Sourcing: How does the organization track down competitors? Do they utilize broad information bases, work sheets, or online entertainment stages?

- Screening and Vetting: What is their cycle for screening up-and-comers? Guarantee they direct careful individual verifications and expertise evaluations to guarantee the up-and-comers satisfy your guidelines.

- Interviewing: Get some information about their meeting procedures and whether they direct primer meetings to sift through unsatisfactory applicants.

4. Audit Their Track Record

An organization's history in filling positions like yours can be areas of strength for their reasonableness. Ask about:

- Achievement Rates: Request information on their progress in setting competitors in comparative jobs or enterprises.

- Client Retention: High client degrees of consistency frequently imply great help and client fulfillment.

5. Think about Their Correspondence and Support

Successful correspondence is fundamental for a smooth enrollment process. Assess the office's:

- Responsiveness: How rapidly do they answer requests? Effective correspondence is vital for opportune employment.

- Support Services: Decide whether they offer extra help administrations, for example, onboarding help or preparation, which can be useful for incorporating fresh recruits.

6. Look at Expenses and Terms

Comprehend the monetary parts of banding together with a manpower organization:

- Expense Structure: Offices might charge various charges, for example, fixed expenses, rate based charges, or hourly rates. Guarantee that you comprehend their estimating design and how it fits with your spending plan. - Contract Terms: Survey the provisions of the agreement, including notice periods, ensures, and any extra expenses.

7. Test the organization's flexibility.

The capacity of an organization to adjust to changing necessities is significant. Survey their adaptability by:

- Scalability: Might they at any point handle an unexpected expansion in staffing necessities or oversee changes in work particulars?

- Custom Solutions: Would they say they will fit their administrations to meet your particular necessities?

8. Trust Your Instincts

At long last, pay attention to your gut feelings. Pick an organization that lines up with your organization's qualities and culture. A decent working relationship with the organization will prompt a more effective enlistment process.

By keeping these rules, you can choose a manpower agency in the UK, such as Alliance Recruitment Agency, that will successfully meet your staffing needs, assisting you with building a more grounded and fit manpower.

#manpoweragency #staffing agency #recruitment agency #talentacquisition #businessgrowth #uk business

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healthcaremarketanalysis · 3 months ago

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Global Viral Vector & Plasmid DNA Manufacturing Market worth $12.8 billion by 2028

Viral Vector Manufacturing Market in terms of revenue was estimated to be worth $5.5 billion in 2023 and is poised to reach $12.8 billion by 2028, growing at a CAGR of 18.2% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is driven by rising prevalence of target diseases and disorders, the availability of funding for gene therapy development, effectiveness of viral vectors in gene therapy delivery, and ongoing research into viral vector-based gene and cell therapies, leading to expanded applications and adoption of viral vector and plasmid DNA manufacturing technologies.

Download an Illustrative overview:

Browse in-depth TOC on "Viral Vector Manufacturing Market"

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The North America region catered the largest share of the viral vector and plasmid DNA manufacturing industry in 2022.

The viral vector and plasmid DNA manufacturing market in North America has experienced significant growth in recent years, showcasing a robust expansion trajectory, owing to the well-established research infrastructure, strong pharmaceutical and biotech industry, increasing government support for life science research, technological advancements in viral vector and plasmid DNA manufacturing technologies, and collaborative initiatives contribute to the growth of the viral vector and plasmid DNA manufacturing market in the North America region. Additionally, North America faces a significant burden of chronic diseases, including cancer, cardiovascular diseases, and neurological disorders. The increasing prevalence of chronic diseases in the region drives the demand for viral vector and plasmid DNA manufacturing for both research and clinical applications.

Viral Vector Manufacturing Market Dynamics:

Drivers:

· Rising prevalence of genetic disorders, cancer, and infectious diseases

· Availability of funding for development of gene therapy

· Effectiveness of viral vectors

· Ongoing research on viral vector-based gene and cell therapies

Restraints:

· High operational costs associated with cell and gene therapy manufacturing

· Short shelf life of viral vectors

Opportunities:

· Smart capital deployment and planning for scalability

· Leveraging digital tools to facilitate operational excellence

Challenges:

· Risk of mutagenesis and other unwanted outcomes

· Individual optimization and low yield

Key Market Players:

Key players in the viral vector and plasmid DNA manufacturing market include Lonza Group AG (Switzerland), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (US), Charles River Laboratories International, Inc. (US), Catalent Inc. (US), WuXi AppTec (China), FUJIFILM Corporation (Japan), GenScript Biotech Corporation (US), Takara Bio Inc. (Japan), Oxford Biomedica (UK), Novartis AG (Switzerland), Precision Biosciences (US), Bluebird Bio, Inc. (US), Sartorius AG (Germany), Danaher Corporation (US), SIRON Biotech (Germany), VGXI, Inc. (US), Waisman Biomanufacturing (US), Kaneka Eurogentec S.A. (Belgium), PlasmidFactory GmbH (Germany), ATUM (US), Addgene (US), Cell and Gene Therapy Catapult (UK), Batavia biosciences (Netherlands), and Altogen Biosystems (US).

Recent Developments:

· In August 2022, MERCK KGaA the VirusExpress 293 Adeno-Associated Virus (AAV) Production Platform, which offers a full viral vector manufacturing offering including AAV, Lentiviral vectors.

· In May 2022, Catalent Inc., launched UpTempo Virtuoso platform process for the development and manufacturing of adeno-associated viral (AAV) vectors.

https://www.prnewswire.com/news-releases/viral-vector-manufacturing-market-worth-12-8-billion--marketsandmarkets-301848000.htm

#Viral Vector Manufacturing Market #Plasmid DNA Manufacturing Market #Viral Vector Manufacturing Market Size #Viral Vector Manufacturing Market Growth

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blackpiano · 4 months ago

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Top Reasons UK Companies Are Choosing IT Talent from India 

In today’s cut-throat business environment, UK companies are always in the quest to get a competitive advantage over their competitors. One increasingly popular solution is to recur outsourcing recruiting IT staff from tomorrow’s global defector nation: India.

However, what could be quite interesting about this strategy? Now let us analyse the top drivers for companies to employ IT staff from India and understand how this practice impacts the UK tech landscape. Here are some of the benefits of hiring Indian tech workers. Cost Savings Above all, there is a consideration of cost reduction. Often, it is possible to recruit tech talent from India for a wage which is lower than the local rate. The cost of living is relatively lower in India as a result wage demands get to be more competitive.

This does not mean that companies are cutting on the quality; on the contrary, they are upping the ante. ISM skills are globally renowned and dedicated; therefore, Indian IT professionals are more economical for many organisations in the UK.

If you wish to know about the financial details you can use our employee cost calculator to plan the estimated saving of your business. Technical Expertise There is another vast factor why UK companies hire IT staff from India and consider it as their single source supplier of technical skills. There is a large reserve of qualified IT talents in India.

Firstly, being residents of a country that promotes education and lays a focus on STEM fields and becoming introduced to a society that embraces technological progress, Indian IT workers are usually on the cutting edge of the latest advances in IT.

You will be hard-pressed to find a speciality of IT that won’t be represented by experts within its ranks. They get impeccable tech talent and high quality tech services at a cheaper price. Large Talent Pool The size of the talent pool itself is another factor that can make a difference India offers a huge pool of talent. Every year India produces 3 billion IT graduates making India one of the biggest suppliers of IT graduates. This means that the UK firms have a pool of talent that they can draw from and these individuals come with various specialisations.

It is the same with developers – regardless of whether one wants experienced developers or new talent with innovative concepts, the Indian market offers the best. It also helps that this pool guarantees that companies will be able to match the right employee with the firm, which will ultimately yield better results and unique solutions.

High-Quality IT Services

The quality of IT services in India is another factor that draws UK companies. Indian tech firms and freelancers are known for delivering high-quality work on time and within budget. Many Indian IT professionals have experience working with international clients, ensuring they understand the standards and expectations of UK businesses.

This reliability and professionalism make India an attractive destination for offshoring IT projects. For more insights on offshoring IT talent to India, visit our detailed blog post.

Flexibility and Scalability

UK companies also benefit from the flexibility and scalability that come with hiring Indian IT staff. Whether you need to ramp up your team for a big project or scale down after its completion, Indian tech talent can adapt to your needs.

This flexibility allows businesses to manage their resources more effectively and respond quickly to changing market demands.

Time Zone Advantage

The time zone difference between the UK and India can also be an advantage. With a time difference of about 4.5 to 5.5 hours, Indian IT staff can work on projects overnight, providing UK companies with the ability to operate round-the-clock.

This can lead to faster turnaround times and increased productivity.

In conclusion, the decision to hire IT staff from India is driven by a combination of cost savings, technical expertise, a large talent pool, high-quality services, flexibility, and the time zone advantage.

As more UK companies discover these benefits, it's clear why UK companies hire IT staff from India and this trend is gaining momentum. To learn more about why companies hire IT staff from India, check out our comprehensive guide here.

Exploring these advantages can give your business the competitive edge it needs in the ever-evolving tech landscape. So, if you’re looking to boost your IT capabilities, India might just be the perfect place to start.

#employer of record #offshoring #payroll services #employment #business #outsourcing #UK business #hire from India

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rushikesh-d · 4 months ago

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Boats Market To Witness the Highest Growth Globally in Coming Years

The report begins with an overview of the Boats Market and presents throughout its development. It provides a comprehensive analysis of all regional and key player segments providing closer insights into current market conditions and future market opportunities, along with drivers, trend segments, consumer behavior, price factors, and market performance and estimates. Forecast market information, SWOT analysis, Boats Market scenario, and feasibility study are the important aspects analyzed in this report.

The Boats Market is experiencing robust growth driven by the expanding globally. The Boats Market is poised for substantial growth as manufacturers across various industries embrace automation to enhance productivity, quality, and agility in their production processes. Boats Market leverage robotics, machine vision, and advanced control technologies to streamline assembly tasks, reduce labor costs, and minimize errors. With increasing demand for customized products, shorter product lifecycles, and labor shortages, there is a growing need for flexible and scalable automation solutions. As technology advances and automation becomes more accessible, the adoption of automated assembly systems is expected to accelerate, driving market growth and innovation in manufacturing.

The global boat market size was valued at USD 32.69 billion in 2021. The market is projected to grow from USD 30.93 billion in 2022 to USD 47.80 billion by 2029, exhibiting a CAGR of 6.4% during the forecast period.

Get Sample PDF Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/103854

Key Strategies

Key strategies in the Boats Market revolve around optimizing production efficiency, quality, and flexibility. Integration of advanced robotics and machine vision technologies streamlines assembly processes, reducing cycle times and error rates. Customization options cater to diverse product requirements and manufacturing environments, ensuring solution scalability and adaptability. Collaboration with industry partners and automation experts fosters innovation and addresses evolving customer needs and market trends. Moreover, investment in employee training and skill development facilitates seamless integration and operation of Boats Market. By prioritizing these strategies, manufacturers can enhance competitiveness, accelerate time-to-market, and drive sustainable growth in the Boats Market.

Major Boats Market Manufacturers covered in the market report include:

Malibu Inc. (U.S.)

Brunswick Corporation (U.S.)

Polaris Inc. (U.S.)

Groupe Beneteau (France)

Yamaha Motor Corporation (Japan)

Marine Product Corporation (U.S.)

Sun Tracker Boats (U.S.)

Carolina Skiff, LLC (U.S.)

Berkshire Pontoons (U.S.)

Premier Marine Inc. (U.S.)

A positive outlook for the marine tourism industry will support market growth during the forecast period. Marine tourism positively influences economic growth in various aspects. It generates employment and significantly contributes to local economies.

Trends Analysis

The Boats Market is experiencing rapid expansion fueled by the manufacturing industry's pursuit of efficiency and productivity gains. Key trends include the adoption of collaborative robotics and advanced automation technologies to streamline assembly processes and reduce labor costs. With the rise of Industry 4.0 initiatives, manufacturers are investing in flexible and scalable Boats Market capable of handling diverse product portfolios. Moreover, advancements in machine vision and AI-driven quality control are enhancing production throughput and ensuring product consistency. The emphasis on sustainability and lean manufacturing principles is driving innovation in energy-efficient and eco-friendly Boats Market Solutions.

Regions Included in this Boats Market Report are as follows:

North America [U.S., Canada, Mexico]

Europe [Germany, UK, France, Italy, Rest of Europe]

Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]

South America [Brazil, Argentina, Rest of Latin America]

Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

Significant Features that are under offering and key highlights of the reports:

- Detailed overview of the Boats Market.

- Changing the Boats Market dynamics of the industry.

- In-depth market segmentation by Type, Application, etc.

- Historical, current, and projected Boats Market size in terms of volume and value.

- Recent industry trends and developments.

- Competitive landscape of the Boats Market.

- Strategies of key players and product offerings.

- Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2024 to 2030?

► What are the key market dynamics influencing growth in the Global Boats Market?

► Who are the prominent players in the Global Boats Market?

► What is the consumer perspective in the Global Boats Market?

► What are the key demand-side and supply-side trends in the Global Boats Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Boats Market?

Table Of Contents:

1 Market Overview

1.1 Boats Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook

1.4.1.2 Canada Market States and Outlook

1.4.1.3 Mexico Market States and Outlook

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook

1.4.2.5 Italy Market States and Outlook

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook

1.4.3.3 Korea Market States and Outlook

1.4.3.4 India Market States and Outlook

1.4.3.5 Southeast Asia Market States and Outlook

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook

1.4.4.3 Saudi Arabia Market States and Outlook

1.4.4.4 South Africa Market States and Outlook

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

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#Boats Market #Boats Market SHare #Boats Market Size #Boats Market Trends #Boats Market Growth

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tmrtech · 7 months ago

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Industrial Refrigeration Equipment Market Size to Hit USD 36.8 billion by 2031

The surge protection devices market is witnessing a surge in demand, pun intended, owing to the escalating frequency and intensity of power surges, which can result from lightning strikes, utility grid switching, or internal factors within facilities.

Surge Protection Devices market is estimated to attain a valuation of US$ 4.9 Bn by the end of , states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5.3% during the forecast period, 2022-2031

To view a sample report, click here: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2939

This study does a thorough examination of the market and offers insights based on an industry SWOT analysis. The report on the Surge Protection Devices Market provides access to critical information such as market growth drivers, market growth restraints, current market trends, the market’s economic and financial structure, and other key market details.

Furthermore, The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as types, applications, and regions. Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the report.

Market Drivers and Challenges

Drivers:

Increasing instances of lightning strikes and power fluctuations.

Growing adoption of electronic devices and digitalization across industries.

Stringent regulatory standards mandating the installation of surge protection devices.

Rising awareness among end-users regarding the importance of protecting sensitive equipment from electrical surges.

Challenges:

High initial costs associated with surge protection devices.

Lack of awareness among end-users, particularly in emerging economies.

Complexities involved in retrofitting surge protection solutions into existing infrastructure.

The significant players operating in the global Surge Protection Devices market are

Siemens AG, Schneider Electric, Emerson Electric, Eaton Corporation, General Electric, Havells India Ltd., LittleFuse, Belkin International, Tripp Lite, Rev Ritter GmbH, Raycap Corporation

This Report lets you identify the opportunities in Surge Protection Devices Market by means of a region:

North America (the United States, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))

South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

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Market Trends

Integration of IoT (Internet of Things) technology for remote monitoring and management of surge protection devices.

Development of advanced surge protection solutions capable of handling higher voltage surges and offering faster response times.

Growing popularity of modular surge protection systems for scalability and flexibility.

The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.

Key Market Study Points

Market size and forecast, by segment and region.

Competitive landscape analysis, including key players, market share, and strategic initiatives.

Regulatory landscape and its impact on market growth.

Technological advancements and their influence on product development and market competitiveness.

More Trending Reports by Transparency Market Research –

OPGW Cable Market- https://www.globenewswire.com/news-release/2024/02/28/2837197/0/en/OPGW-Cable-Market-Expected-to-Reach-USD-876-8-million-by-2031-Growing-at-a-CAGR-of-4-8-Transparency-Market-Research-Inc.html

Fork Sensors Market- https://www.prnewswire.com/news-releases/global-fork-sensors-market-to-reach-usd-5902-million-by-2026-transparency-market-research-688368151.html

About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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robertemma27-blog · 8 months ago

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Telecom Power System Market Size, Share, and Growth Forecast 2028

The report "Telecom Power System Market by Grid Type (On-Grid, Off-Grid, Bad-Grid), Component (Rectifiers, Inverters, Controllers, Converters), Power Source, Technology, Power Rating (Below 10 KW, 10-20 KW, Above 20 KW) and Geography - Global Forecast to 2028" The global telecom power system market is projected to grow from USD 4.2 billion in 2023 to USD 6.6 billion by 2028; it is expected to grow at a CAGR of 9.4% from 2023 to 2028.

The growing popularity of 5G technology, the increasing emphasis on reducing carbon emissions and utilizing renewable energy, the rise in government regulations related to telecom infrastructure, and the escalating demand for IoT and cloud computing applications are the key factors propelling the telecom power systems market. Telecom companies are actively seeking renewable power sources like solar and wind power to minimize their environmental impact. As a result, there is a rising need for telecom power systems that can seamlessly integrate with renewable energy sources.

Download PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=218058881

Rectifier to hold the second largest market share for telecom power systems during the forecast period.

Based on components, rectifier is likely to hold a significant market share between 2023 and 2028. A rectifier converts alternating current (AC) to direct current (DC), providing the power to charge the batteries. Rectifiers can include a wide AC input voltage range, protection against AC overvoltage, thus making them reliable even in regions with AC utility network problems. The design of the telecom rectifiers allows a high degree of power system flexibility through features such as horizontal or vertical mounting, universal AC inputs, and a high degree of scalability to allow for future network growth.

Off-grid based telecom power system to grow at highest CAGR during the forecast period.

Off-grid-connected telecom power systems are expected to witness the highest growth rate during the forecast period. Off-grid power systems are deployed in areas which are distant from any transmission and distribution infrastructures and have no connection to utility grids. Off-grid telecom power systems are mainly used to provide electricity to geographically remote areas and in emerging economies. These grids expand the electricity infrastructure of emerging economies and are designed to be self-sufficient to cater to the power requirements of complex setups such as remote islands or distant villages where electricity transmission through traditional electric utility players is not viable. As these grids never connect to large grids and always operate in isolated mode, this increases the requirement for storing electricity off-grid rather than being grid-tied.

The below 10 kW segment is likely to account for the largest telecom power system market share from 2023 to 2028.

Below 10 kW segment is estimated to account for the largest telecom power system market share during the forecast period. Several telecom components operate on power supplies below 10 kW because of their advantages, which include reduced cost, weight, and size of the power control system. Some examples of Low-output telecom power systems application include cell towers, base transceiver stations (BTS), 5G antennas, base stations for telecom towers, microcell base stations, 4G towers, cell phone towers, and UPS systems among others.

UK is expected to be the fastest-growing market in Europe during the forecast period.

UK’s telecommunications industry contributes about 4–5% to the GDP; although the GDP contribution is lesser, the need for and importance of telecommunication cannot be neglected from a broader perspective. The largest telecom company in the UK is BT. A few of the leading business foundations in the telecom sector in the country are Verizon business, COLT, Affiniti, Energis, etc. A few major leading telecom companies in the UK are GiffGaff, Lycamobile, Talk Group, Three, Virgin Mobile UK, O2, EE, BT Group, and Vodafone. Mobile users expect mobile connectivity even in buildings with poor or no mobile coverage. This leads to the requirement of deploying in-building solutions, such as small cells and distributed antenna systems (DAS), to solve the issue of poor connectivity. Such solutions are anticipated to enhance telecom power systems across the telecom infrastructure.

Key Players: Eaton (US), Huawei Technologies (China), Cummins (US), ZTE Corporation (China), General Electric (US), Delta Electronics, Inc. (Taiwan), and Schneider Electric (France) are the key players in the global telecom power system market. These players increasingly undertake product launches and development strategies, expansions, partnerships, contracts, and acquisitions to increase their market share.

#Telecom Power System Market

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technavioplus · 10 months ago

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Alumni Management Software Market - Forecast and Analysis 2023-2027

The Alumni Management Software Market is undergoing a transformative journey, becoming an indispensable tool for educational institutions seeking to foster lasting connections with their alumni networks. This comprehensive analysis, forecasting from 2023 to 2027, explores the market's dynamics, including growth drivers, challenges, and emerging opportunities.

Market Overview: Alumni management software has evolved into a pivotal solution for educational institutions aiming to cultivate and maintain meaningful relationships with their alumni. This market encompasses a range of features, from contact management and event coordination to fundraising capabilities, creating a holistic platform for alumni engagement.

Key Trends: Several key trends are shaping the Alumni Management Software Market, indicating a shift towards more comprehensive and user-friendly solutions. Integration with social media platforms for seamless communication, personalized engagement strategies, and analytics-driven insights are at the forefront. Mobile-friendly interfaces enhance accessibility and engagement.

Challenges: While the market experiences significant growth, it encounters challenges related to adoption and customization. Some institutions may face resistance to digital platforms, requiring effective change management strategies. Balancing the need for robust features with user-friendly interfaces and data security concerns poses ongoing challenges for software developers.

Opportunities: Amid challenges, the Alumni Management Software Market presents ample opportunities. The rising importance of alumni engagement in fundraising efforts, recruitment activities, and brand advocacy opens doors for innovative software solutions. Cloud-based platforms offer scalability and accessibility, particularly for smaller institutions looking to adopt cost-effective solutions.

Market Dynamics Across Features and Geographies:

Key Features: Alumni management software encompasses diverse features, including contact databases, event planning tools, communication channels, and fundraising modules. Institutions seek tailored solutions to meet their specific engagement goals, contributing to the market's diversity.

Geographic Trends: The market's dynamics vary across regions, with North America and Europe leading in adoption due to established alumni engagement practices. Asia-Pacific and Latin America show increasing interest, fuelled by expanding educational sectors and a growing awareness of the importance of alumni relations.

Forecast and Size: The Alumni Management Software Market is poised for growth, with an estimated CAGR of 5.32% between 2022 and 2027. The market size is forecasted to increase by USD 116.67 million during this period, reflecting the expanding role of alumni engagement in the strategic objectives of educational institutions.

Conclusion: In conclusion, the Alumni Management Software Market is a cornerstone for educational institutions seeking to cultivate enduring relationships with their alumni networks. With a projected market size increase to USD 116.67 million and a CAGR of 5.32% by 2027, the market signifies the importance of effective alumni engagement strategies. Key trends emphasize seamless integration with social media and mobile-friendly interfaces, while challenges involve customization and adoption hurdles. Opportunities lie in leveraging alumni networks for fundraising and recruitment efforts. As the market evolves, collaboration between software developers and educational institutions will be critical in creating solutions that not only meet the evolving needs of alumni engagement but also contribute to the overall success of educational institutions worldwide.

Contact

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: https://www.technavio.com

#Alumni Management Software Market #Alumni Management Software Market Size #Alumni Management Software Market Share #Alumni Management Software Market Analysis #Technavio

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omshinde5145 · 2 months ago

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Riding the Wind: The Bright Future of Offshore Wind Energy

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The Wind in Our Sails: Market Drivers

1. Environmental Imperatives

2. Technological Advancements

3. Government Support and Policy Frameworks

4. Increasing Energy Demand

Blowing in the Wind: Technological Innovations

1. Larger and More Efficient Turbines

2. Floating Wind Farms

3. Digitalization and Smart Grids

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Charting the Course: Future Outlook

The future of offshore wind energy looks promising, with projections indicating substantial growth in the coming decades.

1. Expanding Global Footprint

2. Cost Reduction

3. Energy Transition Policies

Conclusion

#Offshore Wind Energy #Offshore Wind Energy Trends #Offshore Wind Energy overview #Offshore Wind Energy Growth

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bespokesoftwaredevelopment-blog · 1 year ago

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Trending Custom Software Development Innovations Set to Dominate in 2023

Digitalisation has led to a constant shift in customer expectations. Digital solutions have long helped businesses survive the avalanche of customer demands, but today's customers expect more from their software relationships. For instance, a low-code development platform market is estimated to generate $44.4 billion in sales by 2026.

These days, Bespoke Software Development Company encompasses more than just creating customised features. Instead, it focuses on developing software architectures that suit each business's digital objectives and market niches. Custom software development must integrate value following technology leveraged by modern clients.

As you read this article, the tech industry will be dominated by more software development trends this year.

About software development

A software developer creates standalone software using a programming language through software development, application development, or software design. Programming code is written to provide the functionality of the software.

The process of Bespoke Software Development UK involves iterating logically to create computer programs that address the needs of a particular business or individual. As software is developed, it goes through several stages and steps before becoming operational.

Top Software Development Trends in 2023

Software development is anticipated to continue in the same direction as in 2022 in 2023. As familiar markets and technologies become mainstream, we will likely see new advancements. This year has already seen many promising AI, IoT, AR/VR/MR releases. We will likely see the birth of recent trends throughout the year.

Here are the Top Software Development Trends we can expect in 2023.

Low-code development

In the software development industry, low-code development represents a breakthrough. Low code will enable small businesses to perform predictive data analysis, automate simple tasks, and collaborate more efficiently this year.

No-code and low-code platforms, which enable users to write code without coding, will become increasingly popular. Such platforms allow businesses to develop custom software applications quickly and easily without requiring specialized programming knowledge.

Artificial Intelligence (AI)

Technology is becoming more affordable and accessible, increasing AI adoption in some IT consulting services. Recent years have seen exponential growth in artificial intelligence. Several subsets exist, like machine learning, deep learning, natural language processing, and neural networks.

You can analyse data and smartly solve problems with AI and machine learning. Thanks to advances in machine learning, computers will also improve at tasks without explicit programming.

Infrastructure as Code

"Infrastructure as code" (IaC) is when you manage and provision computing infrastructure using code rather than traditional scripts or configurations.

With IaC tools, building and adjusting infrastructure's easier and faster, so it's more reliable.

In recent years, IaC's popularity has skyrocketed as more and more businesses use code to manage their infrastructure. Managing, tracking, and treating infrastructure like software is one of the major advantages of IaC. This way, keeping track of changes, spotting problems, and rolling back complicated changes is easier.

Cloud computing

AWS, Azure, and Google Cloud Platform are popular cloud computing services. In the future, the market is predicted to grow even more. This trend has led to a rise in serverless computing and microservices architectures, making scaling software applications and infrastructure more straightforward.

Businesses are increasingly using cloud computing for a variety of reasons. Their operations are faster, agile, scalable, and efficient, resulting in lower expenses. In addition to storing enormous amounts of data at a reduced cost, cloud infrastructure offers businesses more flexibility when deploying applications or scaling operations.

Cybersecurity is a top priority

Since many companies work from home due to Covid 19, the safety of data and corporate workspaces is at the top of everyone's priority list. In the past year, ransomware was responsible for 41% of breaches identified and contained 49 days later than average breaches.

The advancement of social engineering techniques and easy-to-use deep fake technology makes educating and educating about tech security no longer sufficient. Therefore, detecting abnormal user behaviour and preventing serious incidents requires regular user activity auditing.

The focus will be on AR and VR.

As businesses increasingly embrace technology, augmented reality (AR) and virtual reality (VR) will play an increasingly important role in digital transformation. Potential customers can try products and services before purchasing them using AR/VR, one of the businesses most valuable technology applications. VR devices must be close to the data to ensure a seamless experience. There are other uses for AR/VR devices besides interacting with clients. Increasingly popular will be real-time work sharing, remote collaboration, and end-to-end training through these tools.

The impact of 5G technology will be enormous.

We will be impacted significantly by 5G technology in how we use the Internet. As a result, you won't feel isolated at home and can download movies anytime and anywhere. Software development firms, both domestic and offshore, will be significantly affected by 5G.

Conclusion

Modern businesses should keep up with the latest trends in the tech industry, as it is evolving rapidly. As a result, they may lose their competitive advantage and disappoint their customers. People will go elsewhere unless you can provide seamless and error-free customer service. However, you should keep in mind that following trends blindly is ineffective. To ensure your company's growth, you need to create a solid business plan.

Ficode Technologies Limited is a global Bespoke Software Company in the UK that provides enterprises and startups with innovative software and digital experiences. Using the latest technologies, we can build consumer-facing and enterprise-grade web apps and websites, and we are fully equipped to be your strategic partner.

This post originally appeared on the Ficode website, and we republished it with permission from the author. Read the full piece at:

#bespoke software developers #ficode #uk #it services #fintech industry

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healthcaremarketfmi · 1 year ago

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Electronic Medical Records (EMR) Market Latest Scenario On Innovation, Revolutionary Opportunities & Top Consumers 2033

The global electronic medical records (EMR) market size is expected to be worth US$ 17.6 Bn in 2023, rising to US$ 32.3 billion by 2033. The adoption of electronic medical records (EMR) is anticipated to grow at a CAGR of 6.2% during the forecast period.

Global market growth for electronic medical records (EMR) is estimated to be fueled by increased healthcare spending by non-government and governmental entities over the forecast period. The market for electronic medical records is expected to expand as a result of increased healthcare spending. Due to the need for scalability, multiple healthcare providers purchase electronic health records as software-as-a-service.

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The market is expanding as a result of an increase in the number of benefits, including lower infrastructure and maintenance expenses, lower license and start-up costs, and greater accessibility. Improved productivity and quicker, simpler adoption are two benefits of cloud-based EMR solutions. The application is incredibly scalable because of its cloud-based architecture (pay-as-you-go storage utilization). It removes departmental silos of healthcare data to streamline and consolidate storage resources in order to reduce costs and boost efficiency.

Large, well-known firms are starting to enter the cloud sector. In order to maintain the level of patient care, the cloud infrastructure also provides real solutions for business continuity and disaster recovery. As a result, it is anticipated that the market for cloud-based EMR would expand dramatically. To give medical staff relatively easy access to patient records, digital revolution in healthcare is essential. During the projection period, it is predicted that growing need for systems and software that connect hospitals, clinics, and other healthcare facilities would become a growth driver.

A greater emphasis is placed on strategic partnerships between leading suppliers of electronic medical record solutions as market rivalry intensifies. Additionally, it is projected that the constantly growing need for knowledge sharing and technology upgrades to improve healthcare efficiency will foster partnerships between important actors.

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Key Takeaways from the Electronic Medical Records (EMR) Market

The US electronic medical records (EMR) market is anticipated to expand at a CAGR of 6% over the forecasted period. By 2033, it is anticipated that the cost of implementing electronic medical records (EMR) in the US will surpass US$ 18.4 Bn. The UK electronic medical records (EMR) market is anticipated to expand at a CAGR of 8.4% throughout the anticipated time frame. By 2033, the UK’s sales of electronic medical records (EMR) systems are anticipated to surpass US$ 1.6 billion. The market for electronic medical records (EMR) in India is anticipated to expand at a CAGR of 8.2% over the forecasted period. By 2033, the Indian market for electronic medical records (EMR) is anticipated to reach more than US$ 255.0 Mn. In 2021, the market for electronic medical records (EMR) was dominated by cloud-based EMRs, which accounted for more than 50.0% of total revenue. Hospital electronic medical records (EMR) are expected to increase at a CAGR of 6.4% over the course of the forecast period as a result of rising pandemic and epidemic infections, as well as the requirement for global vaccination against a wide range of diseases.

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healthcaremarketanalysis · 5 months ago

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The Viral Vector Manufacturing Market: A Growing Force in Biotechnology

Viral vector and plasmid DNA manufacturing market includes the products and services used for development and manufacturing of viral vector and plasmid DNA. Viral vectors are used to deliver genetic material into cells, while plasmid DNA is used to produce proteins or other molecules that can be used as vaccines or therapeutics. These technologies are being increasingly used to develop treatments for a range of diseases, including cancer, genetic disorders, and infectious diseases.

The global viral vector manufacturing market in terms of revenue was estimated to be worth $5.5 billion in 2023 and is poised to reach $12.8 billion by 2028, growing at a CAGR of 18.2% from 2023 to 2028.

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Market Dynamics

1. Market Drivers:

Increasing Gene Therapy Approvals: The approval of gene therapies like Luxturna and Zolgensma has spurred interest and investment in viral vector manufacturing.

Rising Prevalence of Genetic Disorders: With a growing understanding of genetic diseases, there is an increased demand for effective treatments, driving the need for viral vectors.

Advancements in Vaccine Development: The COVID-19 pandemic highlighted the importance of viral vector vaccines, such as those developed by AstraZeneca and Johnson & Johnson, boosting the market.

2. Market Challenges:

Complex Manufacturing Processes: Producing viral vectors is technically challenging and requires stringent quality control to ensure safety and efficacy.

High Production Costs: The cost of producing viral vectors is high, which can limit accessibility and scalability.

Regulatory Hurdles: Navigating the regulatory landscape is complex, with rigorous standards to ensure patient safety.

3. Emerging Trends:

Innovations in Production Technologies: Advances in bioreactor design, purification processes, and scalable manufacturing technologies are improving efficiency and reducing costs.

Collaboration and Partnerships: Increased collaboration between biotech companies, academic institutions, and contract manufacturing organizations (CMOs) is driving innovation and capacity expansion.

Focus on Rare Diseases: There is a growing emphasis on developing therapies for rare genetic disorders, often overlooked by traditional pharmaceuticals.

Key Players in the Market

Lonza Group AG (Switzerland), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (US), Charles River Laboratories International, Inc. (US), Catalent Inc. (US), WuXi AppTec (China), FUJIFILM Corporation (Japan), GenScript Biotech Corporation (US), Takara Bio Inc. (Japan), Oxford Biomedica (UK), Novartis AG (Switzerland), Precision Biosciences (US), Bluebird Bio, Inc. (US), Sartorius AG (Germany), Danaher Corporation (US), SIRON Biotech (Germany), VGXI, Inc. (US), Waisman Biomanufacturing (US), Kaneka Eurogentec S.A. (Belgium), PlasmidFactory GmbH (Germany), ATUM (US), Addgene (US), Cell and Gene Therapy Catapult (UK), Batavia biosciences (Netherlands), and Altogen Biosystems (US).

Regional Analysis:

The North America region catered the largest share of the viral vector and plasmid DNA manufacturing market in 2022.

Future Prospects

The future of the viral vector manufacturing market looks promising, with several factors contributing to its growth:

Technological Advancements: Continued innovation in manufacturing technologies is expected to improve efficiency, reduce costs, and enhance the scalability of viral vector production.

Regulatory Support: Evolving regulatory frameworks and support for advanced therapies will facilitate smoother approval processes and market entry.

Expanding Therapeutic Applications: Beyond gene therapy and vaccines, viral vectors are being explored for applications in oncology, neurology, and rare diseases, broadening their market potential.

Conclusion

The viral vector manufacturing market is poised for significant growth, driven by advancements in gene therapy, vaccine development, and biotechnological innovations. Despite facing challenges such as complex manufacturing processes and high costs, the market is buoyed by increasing demand for effective treatments for genetic disorders and other diseases. As technology continues to advance and collaborations between industry stakeholders intensify, the viral vector manufacturing market will play a crucial role in shaping the future of modern medicine.

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#Viral Vector Manufacturing Market #Plasmid DNA Manufacturing Market #Viral Vector Manufacturing Market Size #Viral Vector Manufacturing Market Growth

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strangemusictriumph · 2 years ago

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Wifi HaLoW Devices Market - Forecast (2022 - 2027)

WI-FIHaLow Devices market size was valued at 5.6 million units in 2020 and it is estimated to grow at a CAGR of 12.6% during 2021-2026. The growth can be attributed to the adoption of Wi-Fi HaLow devices across various industries due to its ability to offer long range connectivity at low cost, low power consumption, and avail high data speed as compared to others. Furthermore, its ability to provide network in dead zones, better battery life, higher scalability, simple installation process are the main market drivers. Wi-fi HaLow technology’s ability to penetrate through walls, buildings or other barriers is also considered as an important factor contributing to the market growth. This technology supports a carrier-sense multiple access with collision avoidance (CSMA/CA) which acts to prevent collision before it occurs. This in turn, increases the adoption rate of this technology. In addition, it also supports machine to machine communication, various types of adaptive coding and modulation (ACM) schemes that are progressively being used to increase the network capacity or downlink data rates. This is a major contributing factor to the market growth.

Report Coverage

The report: “Wi-Fi HaLow Devices Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wi-Fi HaLow Devices Market.

By device type: Transceiver, Chipsets, Modules, and others.

By application: Industrial sensor network systems, smart security surveillance, building automation, smart agriculture, connected vehicles, home automation, digital healthcare system, industrial automation and others.

By end user industry : power, oil & gas, automotive, healthcare, mining, agriculture, waste water & treatment, transportation & logistics, electronics & semiconductors, metal processing, general manufacturing, paper & pulp, Construction and others.

By geography: North America (US, Canada, Mexico),Europe (Germany, France, UK, Italy, Spain, Rest of Europe), APAC (Japan, China, India, Australia, South Korea, rest of APAC), South America (Brazil, Argentina, rest of South America), and RoW (Africa, Middle East)

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Key Takeaways

Agriculture sector is analyzed to grow with a significant pace during the forecast period, owing to increasing demand for IoT, connected devices and digital platforms in agricultural sector.

By device type, chipsets market is estimated to witness the fastest growth, owing to the rising investments and collaboration among the organizations.

North America dominated the Wi-Fi HaLow Devices market in terms of value in 2020 owing to its technological advancement and having the ideal operating ISM band.

The market's ability to provide network coverage to dead zones works as a growth driver.

Wi-Fi HaLow industry outlook is consolidated with the top market players including NEWRACOM Inc., AdvanWISE, Morse Micro Pty. Ltd., Methods2Busines B.V., Silex Technology and many others.

By device type, this market is segmented into Transceiver, Chipsets, Modules, and others. Wi-Fi HaLow chipsets market is analyzed to grow with the fastest CAGR of 15.5%

during the forecast period. Organizations are collaborating and investing heavily for the development of this market. In June 2019, NEWRACOM had collaborated with Fortune tech system in order to provide world’s first miniaturized HaLow solution built on Raspberry Pi 3. This product is highly integral and equipped with NEWRACOM’S 802.11ah WI-FI-SoC. This solution can be used in various IoT applications such as smart home, smart office, smart industry, smart city, healthcare sectors, smart grid, security systems, smart controllers, smart motors and others. In March 2021, LitePoint collaborated with Morse Micro to accelerate the connectivity of Wi-Fi HaLow. LitePoint IQxel-MWTM also validates the performance of the Morse Micro System-on-Chip family. These types of collaborations will drive the WiFi HaLow module market in the forecast period 2021-2026.

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WI-FI HaLow Devices Market Segment Analysis- By Device Type

By device type, this market is segmented into Transceiver, Chipsets, Modules, and others. Wi-Fi HaLow chipsets market is analyzed to grow with the fastest CAGR of 15.5% during the forecast period. Organizations are collaborating and investing heavily for the development of this market. In June 2019, NEWRACOM had collaborated with Fortune tech system in order to provide world’s first miniaturized HaLow solution built on Raspberry Pi 3. This product is highly integral and equipped with NEWRACOM’S 802.11ah WI-FI-SoC. This solution can be used in various IoT applications such as smart home, smart office, smart industry, smart city, healthcare sectors, smart grid, security systems, smart controllers, smart motors and others. In March 2021, LitePoint collaborated with Morse Micro to accelerate the connectivity of Wi-Fi HaLow. LitePoint IQxel-MWTM also validates the performance of the Morse Micro System-on-Chip family. These types of collaborations will drive the WiFi HaLow module market in the forecast period 2021-2026.

WI-FI HaLow Devices Market Segment Analysis- By End-User Industry

The WI-FI HaLow market is segmented into power, oil & gas, automotive, healthcare, mining, agriculture, waste water & treatment, transportation & logistics, electronics & semiconductors, metal processing, general manufacturing, paper & pulp, Construction and others, based on the end-used industry. Healthcare WI-FI HaLow device Market is estimated to witness a highest growth CAGR 18.1% during forecast period 2021-2026 owing to its ability to provide real time information about a patient’s health condition and their location. The demand for reliable communication system and a quick access to patient’s medical record facilitates the adoption of IoT in this sector. Thereby, increases the demand for WI-FI HaLow. These features make HaLow devices ideal for healthcare sector in which getting real time information is a pertinent feature. The current Covid-19 pandemic has accelerated the growth in demand for digital health care services such as smart monitoring, tele-health services, tele-medicine services, personal fitness wearable devices, elderly monitoring and others, which in-fact created various new growth avenues for Wi-Fi HaLow based devices. The above mentioned factors will play a major role in the market growth.

WI-FI HaLow Devices Market Segment Analysis- By Geography

North America dominated the Wi-Fi HaLow Devices market in 2020 with a share close to 38%, and is estimated that the market of this region is also going to witness highest growth during the forecast period. WI-FI HaLow has different radio spectrum allocation for different countries. The band ranges for different countries are 902-928MHz in U.S., 863-868 MHz in Europe, 717-723 MHz in Korea, 755-787 MHz in China and many countries do not even have an operating frequency spectrum. The only operating ISM band for HaLow product is 900 MHz, which makes HaLow a U.S. centric product which drives the North American market.

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WI-FI HaLow Devices Market Drivers

Network Connectivity:

Wi-Fi HaLow builds on spectral efficient orthogonal frequency-division multiplexing (OFDM) foundations and operates in frequency bands below one gigahertz due to which, it can offer a prolonged use, as it consumes less power and connectivity to Wi-Fi products. These features make HaLow devices ideal for short and burst data which is particularly used for IoT applications. Apart from this, it can provide network connectivity even to those places where the cellular networks or the traditional Wi-Fi connectivity can’t reach such as dead zones, subways, hilly areas, typical rural areas, deep inside the buildings and others which makes HaLow ideal for smart home, digital health care services, connected cars, smart city as well as industrial application. It also uses direct-sequence spread spectrum (DSSS), that effectively helps this technology to avoid intentional interference such as jamming and performs better than FHSS in the presence of noise that makes it perfectly suitable for security related applications.

Increasing Investment and Development in WI-FI HaLoW:

The investment in WI-FI HaLow is anticipated to grow rapidly due to the tremendous level of development and innovation scope for this technology. In November 2020, Australia based company, Morse Micro had secured additional $13 million fund to accelerate WIFI HaLow development. In November 2020, Scenestek came up with the first skyline technology based Wi-Fi HaLow security camera with 1000 foot range. It can easily penetrate through walls, buildings and the installation process is super easy. It is said that the world wide shipping will start from April or May 2021. Recent developments and increasing investment in Wi-Fi HaLow are working as growth drivers for this market.

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Wi-FiHaLow Devices Market Challenges

Availability of beneficial alternatives:

The launch of the 802.11ax alongside the launch of Wi-Fi HaLow had a distinct adverse effect on the market of Wi-Fi HaLow. 802.11ax solutions that were more in demand than 802.11ah or HaLow solutions because unlike HaLow, it had a standard frequency spectrum which makes them cost effective. Similarly, there has been a perceptible increase in the demand and the investment for 5g and LTE IoT products, leaving almost no resources for HaLow market to grow which is a major market challenge for WI-FI HaLow.

WI-FI HaLow Devices Market Landscape

Technology launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Wi-FiHaLow Devicesmarket. Top Wi-Fi HaLow Devices companies include NEWRACOM Inc., AdvanWISE, Morse Micro Pty. Ltd., Methods2Busines B.V., Silex Technology, Palma CeiaSemiDesign, Inc., Scenestek technology, Adapt-IP and others.

Acquisitions/Technology Launches

In February 2020, Silex technology collaborated with Newracom and launched industries first WIFI HaLow module, SX-NEWAH. Powered by NEWRACOM's NRC7292 system on a chip, SX-NEWAH operates in the Sub 1 GHz licensed band and enables 1 km+ long connectivity range while maintaining the low power requirement.

In August 2019, Adapt-IP had announced the availability of their newly developed platform for WI-FI HaLow Development. This is available for the integrators and developers of IoT market. This platform supports the IEEE 802.11ah standards and offers a hardware and software environment for development.

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