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Meticulous Research® Unveils Exclusive Report Forecasting the “Industrial Asset Management Market” to Surpass $14.4 Billion by 2029

Meticulous Research®, a renowned global market research company, has released an exclusive report titled, ‘Industrial Asset Management Market by Offering, Deployment Mode, Asset Type, and End-use Industry (Food & Beverage, Pharmaceuticals, Biotechnology, Medical Devices, and Other Industries), and Geography—Global Forecast to 2029.’ The comprehensive report predicts that the global industrial asset management market is poised to achieve a valuation of $14.4 billion by 2029, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 12.2% from 2022 to 2029.
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Industrial Asset Management: Navigating Efficiency and Planning for Future Needs
Industrial Asset Management (IAM) is a sophisticated system designed for tracking and maintaining industrial assets, including machines, tools, and equipment. Deployed in manufacturing and various industrial settings, IAM assists companies in asset management, enabling them to plan for future needs and efficiently meet customer demands. By employing IAM solutions, manufacturing companies can enhance operational efficiency, reduce maintenance costs, and streamline asset-related processes.
Market Dynamics and Growth Factors
The market's growth is attributed to the advantages offered by cloud based IAM solutions and the escalating demand for real-time monitoring of industrial assets. However, concerns surrounding data security and confidentiality act as growth inhibitors. The integration of advanced technologies such as artificial intelligence, machine learning, and 5G, along with the increasing adoption of IAM solutions in the pharmaceutical sector, present significant growth opportunities. Challenges include the lack of infrastructure and IT capabilities. Additionally, the report highlights the rising trend of integrating predictive analytics as a major trend in the IAM market.
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Technological Advancements Shaping the Future
The integration of artificial intelligence, machine learning, and 5G technologies is identified as a key driver for industrial asset management market growth. The ongoing digitization across verticals is creating new opportunities for organizations to optimize and extend asset lifecycles. Technologies like AI, ML, NLP, big data analytics, 5G, IoT, and cloud computing are transforming the IAM landscape, improving operational support, automation, and client servicing.
Segmentation Insights
The global industrial asset management market is segmented based on offering (solutions, services), deployment mode (on-premises, cloud-based), asset type (conventional assets, automation assets), and end-use industry (food & beverage, chemicals, automotive manufacturing, pharmaceuticals, biotechnology, medical devices, metal & mining, energy & power, aerospace & defense, electronics & semiconductors, and other industries).
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Key Highlights:
1. Offering: In 2022, the solutions segment accounted for the larger market share, driven by the increasing demand for cloud-based IAM solutions, cost reduction initiatives, and the need for a comprehensive 360-degree view of assets. The solutions segment is projected to register the highest CAGR during the forecast period.
2. Asset Type: The automation assets segment dominated the market in 2022, attributed to the growing demand for efficient inventory tracking, centralized vendor management, and reduced maintenance costs. This segment is expected to register the highest CAGR during the forecast period.
3. Deployment Mode: In 2022, the on-premises deployment segment held the larger market share due to higher data security and privacy. However, the cloud-based deployment segment is expected to witness the highest CAGR during the forecast period.
4. End-use Industry: The pharmaceuticals segment is projected to register the highest CAGR, driven by the increasing need for real-time asset visibility, equipment maintenance optimization, and FDA compliance in drug development.
5. Geography: Asia-Pacific accounted for the largest market share in 2022, with significant contributions from prominent players and a surge in demand for cost-effective IAM solutions. The region is projected to register the highest CAGR during the forecast period, driven by infrastructural growth, especially in China, South Korea, Japan, and India.
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Scope of the Report
The report provides an in-depth analysis of the industrial asset management market, covering offerings, deployment modes, asset types, end-use industries, and geographic regions. It evaluates industry competitors and analyzes the market at the regional and country levels.

Key Players and Future Outlook
The key players operating in the global industrial asset management market include ABB Ltd, Siemens AG, Schneider Electric SE, Emerson Electric Co., Endress+Hauser Group Services AG, General Electric, Honeywell International Inc., Rockwell Automation, Inc., SKF Group, and Yokogawa Electric Corporation.

TOP 10 COMPANIES IN INDUSTRIAL ASSET MANAGEMENT MARKET >> https://meticulousblog.org/top-10-companies-in-industrial-asset-management-market/

Meticulous Research®—a leading market research company, published a research report titled, ‘Dental 3D Printing Market by Product (Service, Printer, Scanner), Technology (Polyjet, Fused Deposition Modeling, SLS), Material (Polymers, Metals, Ceramics), Application (Orthodontics, Prosthodontics, Implantology), End User – Global Forecast to 2030.'

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According to this latest publication from Meticulous Research®, the dental 3D printing market is projected to reach $13.4 billion by 2030, at a CAGR of 20.9% from 2023 to 2030. The growth of this market is driven by the increasing adoption of 3D printing in dentistry, technological advancements, and the rising prevalence of dental diseases. In addition, the rising adoption of CAD/CAM technology and increased use of resins for dental 3D printing are offering opportunities for market growth opportunities. However, the high costs of 3D printers are hindering the growth of this market.

The dental 3D printing market is segmented by product (services, systems [dental 3d printers, dental 3d scanners], accessories), technology (vat photopolymerization, polyjet technology, fused deposition modeling, selective laser sintering, and other technologies), material (dental polymers [resins, thermoplastics, and other dental polymers], metals, ceramics [zirconia, alumina, and other ceramics], plastics, and other materials), application (prosthodontics, orthodontics, implantology, and other applications), end user (dental laboratories, dental hospitals & clinics, and academic & research institutes), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

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Based on offering, in 2023, the services segment is expected to account for the largest share of the market. The number of dental 3D printing service providers has increased over the years. Dental 3D printing services provide advantages such as high turnaround time, low cost, high precision, and accuracy in dental practices. The large market share of this segment is attributed to the trend of outsourcing dental designing.

Based on technology, in 2023, the vat photopolymerization segment is expected to account for the largest share of the dental 3D printing market. Vat photopolymerization is a highly preferred dental 3D printing technology that creates dental implants at high speed and high resolution. It is an additive manufacturing technology that is fast, accurate, and used for printing highly customized prototypes. The use of this technology is the highest in dental 3D printing as the manufacturing of dental orthotics, prosthetics, and implants are highly customizable.

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Based on materials, the dental 3D printing market is segmented into dental polymers, metals, ceramics, plastics, and other materials. The dental polymer segment is further segmented into resins, thermoplastics, and other dental polymers. The resins segment is projected to register the highest CAGR over the forecast period. The use of dental polymeric resins is growing for replacing and restoring tooth structure. These polymeric resins can bond with other resins such as composite resins and restorative materials like amalgam. The bonding of these resins is used to improve several problems, such as gaps or cracks between teeth, cavities/tooth decay, crooked teeth and discoloration. Hence, the adoption of resins is growing due to their high translucency, high compressive strength, and ease of application.

Based on application, the orthodontics segment is projected to register the highest CAGR over the forecast period. The adoption of 3D printing is rapidly growing in orthodontic practices due to the technological advancements in orthodontic devices and subsequent use of 3D printing in orthodontics, supporting the growth of this segment.

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Based on end user, in 2023, the dental laboratories segment is expected to account for the largest share of the dental 3D printing market. The low production costs allow the high adoption of new advanced technologies like additive manufacturing in the dental labs, higher demand for dental framing solutions which can be easily customized or fabricated, supports the large market share of this segment.

Based on geography, in 2023, North America is expected to account for the largest share of the dental 3D printing market. The presence of several leading market players, accessibility to cavity/tooth decay treatments, high adoption of 3D printing technologies, and high burden of the aging population in North America with edentulism are the factors supporting the large share of this market.

Key Players

The key players profiled in the dental 3D printing market report are 3D Systems Corporation (U.S.), DENTSPLY SIRONA Inc. (U.S.), Stratasys Ltd. (Israel), Straumann Holding Ag (U.S.), Shandong Huge Dental Materials Corporation (China), Ultradent Products, Inc. (U.S.), SLM Solutions Group AG (Germany), Formlabs Inc. (U.S.), (Desktop Metal, Inc. ) a subsidiary of EnvisionTec Inc. (U.S.), Keystone Industries (U.S.), 3M Company (U.S.), and DWS S.r.l. (Italy).

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Meticulous Research®– a leading global market research company published a research report titled “Live Streaming Market by Component (Platform, Services), Offering Model (B2B, B2C), Streaming Type (Audio, Video, Game), Vertical (Media & Entertainment, Education, Sports & Gaming, Government, Fitness), and Region – Global Forecast To 2028.”

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According to this latest publication from Meticulous Research®, the live streaming market is expected to grow at a CAGR of 22.4% to reach $4.26 billion by 2028. The growth of the market is majorly attributed to the surging popularity of e-sports and video games, growing preference for live streaming over social posts, increasing adoption of smartphones coupled with faster internet, and increasing need for live streaming technology for better brand engagement.

In addition, the growing need for optimizing network bandwidth and increasing consumer base for live streaming content are expected to offer significant growth opportunities for players operating the live streaming market. Apart from this, incorporating advanced technologies in the digital media industry is the new trend in the live streaming market. However, fake traffic on live-streaming sites, connectivity, and production issues can obstruct the growth of this market to some extent.

The market is segmented on component, offering model, streaming type, vertical, and geography. The study also evaluates industry competitors and analyses the market at the country level.

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Based on component, the live streaming market is segmented into platforms and services. Among these, the services segment is estimated to account for the largest share of the overall live streaming market in 2021. The large share of the segment is mainly attributed to the rising demand for ensuring seamless delivery of content, need for professional post-production support to help deliver content based on client specifications and provide a personalized experience to viewers, increasing need for testing and confirmation of successful live streaming, and surging demand for video production, advertising, customer support, content creation services, and subscription services.

Based on offering model, the live streaming market is segmented into business-to-business (B2B) and business-to-consumer (B2C). In 2021, the B2C segment is estimated to account for the largest share of the overall live streaming market. The large share of the segment is mainly attributed to the increasing need for transmission of live content on the Internet for better brand engagement and the growing adoption of smart devices coupled with faster internet penetration.

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Based on streaming type, the live streaming market is segmented into audio, video, and game streaming. In 2021, the video streaming segment is estimated to account for the largest share of the overall live streaming market. The large share of the segment is mainly attributed to the rising customer online data consumption & evolving surfing behavior, growing use of influencers to drive new applications & attract new customers for branding & marketing, growing adoption of cloud-based solutions to increase the reach of live video content, and growing popularity of social media platforms & other digital mediums.

Based on vertical, the live streaming market is segmented into media & entertainment, enterprises, education & e-learning industry, sports & game industry, government, fitness industry, religious organizations, and other verticals (retail, BFSI, & healthcare). Among these, the media & entertainment sector is estimated to account for the largest share and highest CAGR of the overall live streaming market in 2021. The large share of the segment is mainly attributed to the growing popularity of online live video streaming in the media & entertainment industry, rising technological advancements, growing adoption of cloud-based video streaming solutions, and the growing use of AI for increasing the reach of video content, improve video quality, and provide security.

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Geographically, the live streaming market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is estimated to account for the largest share of the global live streaming market in 2021. The large share of this segment is mainly attributed to the rising focus on digitalization with technological advancements, including cloud computing, AI, & 5G technology in the digital media industry, increasing consumer base for live streaming content in industry verticals, including education & e-learning, increasing adoption of smartphones coupled with high internet penetration, and surging adoption of live-streaming platforms for better brand engagement.

The key players operating in the global live streaming market are Flux Broadcast (U.K.), Facebook Inc. (Instagram) (U.S.), Dacast (U.S.), Twitch Interactive, Inc. (U.S.), IBM Corporation (U.S.), Huya Inc. (China), Stream Hatchet SLU (Spain), Empire Video Productions, LLC (U.S.), Afreecatv Corp. (South Korea), Streamshark (Australia), Dailymotion (France), Vimeo, Inc. (U.S.), TikTok (U.S.), EventStreaming.TV (WaveFX Ltd.) (U.K.), Pluto Inc. (U.S.), Boxcast (U.S.), VosCast (U.S.), Uplynk (U.S.), and Wowza (U.S.), among others.

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Meticulous Research®—a leading global market research company, published a report titled, 'Automotive Lubricants Market by Product Type (Engine Oil, Transmission & Hydraulic Fluids, Gear Oil, Grease, Chain Oil, Brake Fluids), Vehicle Type, Composition, Sales Channel, and Geography – Global Forecast to 2030.’
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According to this latest publication from Meticulous Research®, the automotive lubricants market is projected to reach $114.2 billion by 2030, at a CAGR of 7.8% during the forecast period. The growth of the automotive lubricants market is driven by the growing demand for high-performance lubricants, the rapid development of transportation infrastructure, the growing automotive industry with increasing vehicle production, and the rising adoption of sustainable lubricants. However, the reduced need for automotive lubricants due to the penetration of electric vehicles and the volatile nature of the prices of raw materials may restrain the market’s growth.

The significant growth opportunities from emerging economies and the rising demand for environment-friendly lubricants are expected to offer significant growth opportunities for the automotive lubricants market. However, the need for producing compatible lubricants for EVs and hydrogen fuel cell engines and the volatile pricing of automotive lubricants may hinder the growth of this market. Furthermore, the increasing need for thinner engine oil is the latest trend in the automotive lubricants market.

Meticulous Research® has segmented this market based on product type, vehicle type, composition, sales channel, and geography for efficient analysis. The study also evaluates industry competitors and analyses the market at the regional and country levels.
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Based on product type, the automotive lubricants market is segmented into engine oil, transmission & hydraulic fluids, gear oil, grease, chain oil, brake fluids, and other products. In 2023, the engine oil segment is expected to account for the largest share of the automotive lubricants market. The large market share of this segment is attributed to the rising need to improve the fuel efficiency of ICE vehicles, high demand for engine oil replacements from the automobile aftermarket segment, and growing demand for maintaining proper engine operation and reducing fuel consumption & CO2 emissions. However, the grease segment is projected to register the highest CAGR during the forecast period.

Based on vehicle type, the automotive lubricants market is segmented into internal combustion engine vehicles, electric vehicles, natural gas engines, and hydrogen-powered vehicles. In 2023, the internal combustion engine vehicles segment is expected to account for the largest share of the automotive lubricants market. The large market share of this segment is attributed to the technological developments in terms of efficiency and performance to boost the product demand for higher-performing IC engines, stringent government regulations related to emissions, and the consistently rising demand to accelerate the growth of high-performance IC engines. However, the electric vehicles segment is projected to register the highest CAGR during the forecast period.
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Based on composition, the automotive lubricants market is segmented into mineral oil lubricants, fully synthetic oil lubricants, and semi-synthetic lubricants. In 2023, the fully synthetic oil lubricants segment is expected to account for the largest share of the automotive lubricants market. The large market share of this segment is attributed to the advantages of high-performance and advanced engines, low overall viscosity and reduced friction in the fluid, their ability to provide high-quality lubrication, and the growing need for better fuel economy and reduced vehicle emissions. In addition, this segment is projected to register the highest CAGR during the forecast period.

Based on sales channel, the automotive lubricants market is segmented into original equipment manufacturers and aftermarket. In 2023, the aftermarket segment is expected to account for the largest share of the automotive lubricants market. The large market share of this segment is attributed to the increasing need for car ownership, especially in emerging economies, the presence of a huge customer base, stringent government regulations related to CO2 emission, and the rising consumer awareness regarding the use of lubricants to maintain vehicle efficiency and achieve better fuel economy. In addition, this segment is projected to register the highest CAGR during the forecast period.

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Based on geography, the automotive lubricants market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the market. The large share of this market share is attributed to the rapid growth in the automotive industry, the growing transportation industry, and strong government support to promote the automotive industry. In addition, the presence of key lubricants and auto manufacturers and the abundant availability of raw materials in the region further supports the growth of the automotive lubricants Asia-Pacific market. In addition, this region is projected to register the highest CAGR during the forecast period.

The key players operating in the automotive lubricants market are Shell International B.V. (Subsidiary of Shell Plc) (Netherlands), Exxon Mobil Corporation (U.S.), FUCHS PETROLUB SE (Germany), Motul (France), Phillips 66 Company (U.S.), Repsol, S.A. (Spain), SK Enmove Co., Ltd. (South Korea), China National Petroleum Corporation (China), Klüber Lubrication München Se & Co. KG (Subsidiary of Freudenberg Group) (Germany), Amsoil Inc. (U.S.), Petróleo Brasileiro S.A. — Petrobras (Brazil), Valvoline Inc. (U.S.), Sinopec India(China), Chevron Corporation (U.S.), BP P.L.C. (U.K.), and Castrol Limited (U.K.).

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Meticulous Research®—a leading global market research company, published a research report titled, ‘Astaxanthin Market by Source (Natural, Synthetic), Form (Dry, Liquid), Method of Production (Chemical Synthesis, Fermentation, Extraction), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals, Animal Feed) – Global Forecast to 2030.’

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The astaxanthin market is projected to reach $1.34 billion by 2030, at a CAGR of 8.2% from 2023 to 2030. This market is driven by the growing awareness about clean-label products and the benefits of natural food colors and the increasing demand for natural cosmetics products and dietary supplements.

Furthermore, emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa and government initiatives to support aquaculture are expected to provide significant opportunities for the growth of this market. However, stringent regulatory and approval norms and the high cost of natural astaxanthin hinder the growth of this market to a notable extent.

The astaxanthin market is segmented by source, form, method of production, application, and geography.

Based on source, the astaxanthin market is segmented into natural and synthetic. In 2023, the natural segment is expected to account for the larger share of the astaxanthin market. The large market share of this segment is attributed to its strong antioxidant activity and health benefits, such as immune system support, inflammation reduction, sunburn prevention, and cognitive health support. In addition, factors such as high demand for natural astaxanthin in nutraceutical applications, wide-scale availability of natural astaxanthin, rising demand for astaxanthin for cancer treatment, growing health-conscious population, and higher efficacy compared to synthetic products are expected to fuel the growth of this segment.

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Based on form, the astaxanthin market is segmented into dry and liquid. In 2023, the dry segment is expected to account for the larger share of the astaxanthin market. The large market share of this segment is attributed to the advantages of dry astaxanthin, such as ease in handling, transport, and use; longer shelf life of ingredients due to the absence of water; and better ingredient functionality and stability. These advantages have increased the utilization of astaxanthin in dry form in the food and beverages, pharmaceuticals, and cosmetics industries.

However, the liquid segment is projected to witness significant growth during the forecast period, owing to its rising demand for manufacturing of food & beverage products to improve the viscosity, mouthfeel, product stability, texture, shelf life, pleasant taste, and appearance.

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Based on method of production, the astaxanthin market is segmented into chemical synthesis, microalgae cultivation, fermentation, and extraction. In 2023, the chemical synthesis segment is expected to account for the largest share of the astaxanthin market. The large market share of this segment is attributed to the low cost of production, easy availability, and good stability against low pH. However, the fermentation segment is expected to witness significant growth during the forecast period.

Based on application, the astaxanthin market is segmented into food & beverages, nutraceuticals, animal feed, pharmaceuticals, personal care & cosmetics, and other applications. The nutraceuticals segment is projected to witness significant growth during the forecast period of 2023–2030. The rapid growth of this segment is mainly attributed to astaxanthin’s ability to control free radicals enhanced by nutraceuticals, thereby becoming the preferred choice to treat various health ailments, including muscle endurance, gastritis, diabetes, and cardiovascular diseases, among others. Furthermore, astaxanthin’s antioxidant properties, low side effects, and high nutritional value have made them the priority choice as raw materials in nutraceuticals.

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Based on geography, in 2023, Europe is expected to account for the largest share of the astaxanthin market. The large market share of Europe is attributed to the growing food & beverage industry, rising health & wellness trends, increasing feed production, and growing demand for chemical-free cosmetics. Further, the increase in the aging population in the region has led to a surge in demand for astaxanthin to reduce the risk of diabetes, cancer, and other heart-related issues.

In 2023, Germany is expected to account for the largest share of the astaxanthin market in Europe. The large share of this market is attributed to the rising demand for nutritional animal feed ingredients and increasing consumption of functional beverages & nutraceuticals.

The key players operating in the astaxanthin are Algatechnologies Ltd. (Israel), BASF SE (Germany), BGG (Beijing Gingko Group) (China), Cardax, Inc. (U.S.), Cyanotech Corporation (U.S.), Divi's Laboratories Limited (India), Koninklijke DSM N.V. (Netherlands), Fenchem (China), Fuji Chemical Industries Co., Ltd. (Japan), Valensa International (U.S.), Otsuka Holdings Co., Ltd. (Japan), Piveg, Inc. (U.S.), Vidya Europe SAS (France), Wellgreen Technology Co., Ltd. (China), and Algalíf Iceland ehf (Iceland).

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Meticulous Research®—a leading global market research company, published a research report titled, Tokenization Market by Offering (Solutions and Services), Application (Payment Security, User Authentication, Compliance Management), Organization Size, End-use Industry (Retail, Healthcare, BFSI, Others), and Geography—Global Forecast to 2030.’

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According to this latest publication from Meticulous Research®, the tokenization market is projected to reach $13.23 billion by 2030, at a CAGR of 19.7% from 2023 to 2030. The growth of this market is attributed to the proliferation of digital payment methods, stringent PCI DSS regulations, and the rising financial fraud in e-commerce. In addition, the growing inclination toward using payment applications across various industries is expected to offer significant opportunities for the growth of this market. However, tokenization implementation adds a layer of complexity to the IT structure, which restrains the growth of this market.

The tokenization market is segmented based on offering, application, organization size, and end-use industry. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on offering, the tokenization market is segmented into solutions and services. In 2022, the solution segment accounted for the largest share of the tokenization market. The large market share of this segment is attributed to the increasing ensure compliance with payment security guidelines and the growing need to ensure continuous customer experience and maintain fraud prevention levels due to increased financial crimes. Moreover, growing consumer interest in contactless payments and rising demand for cloud-based tokenization solutions are expected to offer lucrative opportunities for the market’s growth. However, the services segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the growing need for visibility among organizations for diagnosing and troubleshooting problems before they impact operations or end-user experiences.

Based on application, the tokenization market is segmented into payment security, user authentication, and compliance management. In 2022, the payment security segment accounted for the largest share of the tokenization market. The large market share of this segment is attributed to the rise in demand for advanced payment security solutions for eCommerce, the increasing use of payment applications across different industries, and the rising need to secure online business-sensitive transactions from advanced cyberattacks. However, the user authentication segment is expected to register the highest CAGR during the forecast period due to enhanced payment security processes, the need to prevent unauthorized users from accessing a device or network, the rise in cyberattacks on fintech institutes, and the increasing need to protect user payment transaction data.

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Based on organization size, the tokenization market is segmented into large enterprises and small & medium-sized enterprises. In 2022, the large enterprises segment accounted for the largest share of the tokenization market. The large market share of this segment is attributed to rising concerns about creating a safe environment for customer payment transactions and the need to cater to dynamic customer trends, streamline business operations, and enhance market competitiveness. However, the small & medium-sized enterprises segment is expected to register the highest CAGR during the forecast period due to the rising adoption of payment security solutions among SMEs to modernize their businesses and provide customers with seamless & secure digital solutions.

Based on end-use industry, the tokenization market is segmented into BFSI, retail, travel & hospitality, healthcare, IT & telecom, media & entertainment, and other end-use industries. In 2022, the BFSI segment accounted for the largest share of the tokenization market. This segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to increasing data breaches in the BFSI sector and the rising adoption of payment security solutions to prevent fraud.

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Based on geography, the tokenization market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2022, North America accounted for the largest share of the tokenization market. North America’s major market share is attributed to the rising adoption of online payment modes for transactions. Furthermore, the presence of major market players that provide payment networks for online transactions drives the growth of this regional market.

The key players operating in the tokenization market are Bluefin Payment Systems LLC (U.S.), Braintree (U.S.), Cybersource (U.S.), Elavon (U.S.), Ingenico (France), Broadcom, Inc. (U.S.), Thales Group (France), Shift4 Payments, LLC (U.S.), Signifyd (U.S.), TNS, Inc. (U.S.), Tokenex (U.S.), SISA Information Security Pvt. Ltd. (India), Stripe (U.S.), Geobridge Corporation (U.S.), MasterCard (U.S.), Verifone Systems Inc. (U.S.), Fiserv, Inc. (U.S.), Micro Focus (U.K.), and American Express (U.S.).

TOP 10 COMPANIES IN TOKENIZATION MARKET >> https://meticulousblog.org/top-10-companies-in-tokenization-market/?utm_source=article+&utm_medium=social&utm_campaign=product&utm_content=01-03-2024

Meticulous Research®—a leading global market research company, published a research report titled, ‘Oncology Information Systems Market by Offering (Software {Patient Information, Treatment Planning} Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) – Global Forecast to 2030.’

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According to this latest publication from Meticulous Research®, the oncology information systems market is projected to reach $4.45 billion by 2030, at a CAGR of 7.4% from 2023 to 2030. The growth of this market is driven by the increasing prevalence of cancer, rising digitalization in cancer treatment, rising need to reduce oncology care costs, increasing adoption of electronic health records (EHR), and increased demand for streamlined patient information and data management. In addition, the integration of precision medicine for cancer treatment and its potential in emerging countries are expected to provide significant growth opportunities for this market.

However, the high cost of oncology information systems and data security & privacy concerns are expected to restrain the growth of this market to a certain extent. In addition, factors such as barriers to adoption and implementation and additional requirement for training and education for using oncology information systems pose major challenges to the market’s growth.

Key Players

The key players operating in the oncology information systems market are Accuray Incorporated (U.S.), Brainlab AG (Germany), DOSIsoft SA (France), Elekta AB (Sweden), Koninklijke Philips N.V. (Netherlands), MIM Software Inc. (U.S.), Oracle Corporation (U.S.), Prowess Inc. (U.S.), RaySearch Laboratories (Sweden), Siemens Healthcare GmbH (Germany), McKesson Corporation (U.S.), Altai, Inc (Turkey), and ViewRay Inc. (U.S.).

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Oncology Information Systems Market: Future Outlook

The oncology information systems market is segmented by offering, application, end user, and geography. The study also evaluates industry competitors and analyzes the country and regional–level markets.

Among the offerings studied in this report, in 2023, the software segment is expected to account for the largest share of the oncology information systems market. The large market share of this segment is attributed to factors such as higher adoption of software solutions by the hospitals, the rising need for managing cancer-related data, and its benefits such as optimizing treatment planning & delivery.

Among all the applications, in 2023, the medical oncology segment is expected to account for the largest share of the oncology information systems market. The large market share of this segment is attributed to the large patient population receiving medical oncology care and the benefits of oncology information systems in managing departmental, administrative, and clinical activities in medical oncology.

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In 2023, the hospitals segment is expected to account for the largest share of the oncology information systems market, by end user. The large market share of this segment is attributed to the increased adoption of digital solutions, including oncology information systems in hospitals, the increased awareness about its benefits among healthcare professionals, and the rising patient population.

Geographic Review

This research report analyzes the market across major regions and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, the U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (Japan, China, India, and the Rest of Asia-Pacific), Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the oncology information systems market, followed by Europe and Asia-Pacific. North America’s major market share is attributed to the advanced healthcare infrastructure in the region, higher acceptance of advanced technologies, and the high number of cancer patients.

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Meticulous Research®—a leading global market research company, published a research report titled, ‘Speech-to-text API Market by Offering (Solutions, Services), Deployment Mode, Organization Size, Application (Transcription, Customer Experience & Analytics, Subtitle & Caption Generation), End User (B2B, B2C, B2G, G2C), Geography – Global Forecast to 2030’.

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According to this latest publication from Meticulous Research®, the speech-to-text API market is projected to reach $10 billion by 2030, at a CAGR of 17.3% from 2023 to 2030. The growth of this market is driven by the proliferation of voice-enabled devices, the increasing use of voice & speech technologies for transcription, and technological advancements, coupled with the rising adoption of connected devices. However, speech-to-text API solutions’ lack of accuracy in regional accent & dialect recognition restrains the growth of this market.

Innovations in speech-to-text solutions for especially abled people and the development of speech-to-text API solutions for rare & local languages are expected to create growth opportunities for the players operating in this market. However, data security & privacy concerns are a major challenge for market growth. Additionally, the growing demand for voice authentication in mobile banking applications is a prominent trend in the speech-to-text API market.

The speech-to-text API market is segmented by offering, deployment mode, organization size, application, and end user. The study also evaluates industry competitors and analyses the regional and country-level markets.

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Based on offering, the speech-to-text API market is segmented into solutions and services. In 2023, the solutions segment is expected to account for the larger share of the speech-to-text API market. The large market share of this segment is attributed to the rising adoption of advanced electronic devices, increasing demand for voice-enabled devices, and the growing use of speech technology for transcription. However, this segment is also projected to record the higher CAGR during the forecast period.

Based on deployment mode, the speech-to-text API market is segmented into on-premise deployment and cloud-based deployment. In 2023, the cloud-based deployment segment is expected to account for the larger share of the speech-to-text API market. The adoption of cloud computing and storage systems is gaining popularity among small and medium-sized enterprises. Several organizations are gradually transitioning to cloud infrastructure, a trend that is expected to grow in the coming years. These factors contribute to the large market share of this segment.

The cloud-based segment is also projected to record the higher CAGR during the forecast period. The benefits offered by cloud infrastructure, such as the ease of adoption, the minimal requirement for in-house infrastructure, high scalability, and easy installation of speech-to-text API solutions, support the growth of this segment.

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Based on organization size, the speech-to-text API market is segmented into large enterprises and small & medium-sized enterprises. In 2023, the small and medium-sized enterprises segment is expected to account for the larger share of the speech-to-text API market. The large market share of this segment is attributed to the rising awareness among small and medium-sized enterprises about the significance of speech-to-text API. The small & medium-sized enterprises segment is also projected to register the higher CAGR during the forecast period.

Based on application, the speech-to-text API market is segmented into transcription, customer experience & analytics, media & communications monitoring, subtitle & caption generation, consumer electronics command & control, automotive command & control, and other applications. In 2023, the transcription segment is expected to account for the largest share of the speech-to-text API market. The large market share of this segment is attributed to technological advancements, increasing speech and voice technology usability for transcription and the rising adoption of advanced electronic devices. However, the subtitle & caption generation segment is projected to record the highest CAGR during the forecast period.

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Based on end user, the speech-to-text API market is segmented into B2B, B2C, B2G and G2C. The B2B segment is further subsegmented into IT & Telecommunications, BFSI, media & entertainment, healthcare, education, and other B2B end users. In 2023, the IT & Telecommunications segment is expected to account for the largest share of the speech-to-text API market. The large market share of this segment is attributed to organizations' rising adoption of speech-to-text solutions in their call centers to analyze business conversations. However, the healthcare segment is projected to record the highest CAGR during the forecast period.

Based on geography, the speech-to-text API market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the speech-to-text API market. North America’s major market share is attributed to the rising integration of speech and voice recognition technology in consumer electronics, the easy availability of several voice-enabled smart devices, and the high adoption rate of advanced technologies in the region. However, Asia-Pacific is slated to register the highest CAGR during the forecast period.

Key Players:

The key players operating in the speech-to-text API market are Google LLC (U.S.), Microsoft Corporation (U.S.), Amazon Web Services, Inc. (U.S.), IBM Corporation (U.S.), Verint Systems Inc. (U.S.), Rev.com, Inc. (U.S.), Twilio Inc. (U.S.), Baidu, Inc. (China), Speechmatics (U.K.), VoiceCloud (U.S.), VoiceBase, Inc. (U.S.), Amberscript Global B.V. (Netherlands), Voci Technologies, Inc. (U.S.), AssemblyAI, Inc. (U.S.), and Vocapia Research SAS (France).

TOP 10 COMPANIES IN SPEECH-TO-TEXT API MARKET >> https://meticulousblog.org/top-10-companies-in-speech-to-text-api-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=21-02-2024

Meticulous Research®—a leading market research company, published a research report titled, ‘Digital X-ray Systems Market by Product (Fixed [Ceiling, Floor], Portable, Detectors, Software & Services) Technology (Computed, Direct) Application (Orthopedic & Trauma, Breast, Chest & Lung) End User (Hospital, Imaging Center) – Global Forecast to 2030.’

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According to this latest publication from Meticulous Research®, the digital X-ray systems market is projected to reach $13.29 billion by 2030, at a CAGR of 7.8% from 2023 to 2030. The growth of this market is driven by the growing burden of chronic diseases, the increasing adoption of teleradiology, and technological advancements leading to a higher preference for digital X-ray systems. However, the high costs of digital X-ray systems are restraining the market’s growth.

Furthermore, emerging economies and the increasing integration of Artificial Intelligence (AI) into digital X-ray systems are expected to offer significant market growth opportunities. The lack of skilled professionals poses a major challenge to the market’s growth.

The key players profiled in the digital X-ray systems market report are Siemens Healthineers AG (Germany), Koninklijke Philips N.V. (Netherlands), GE HealthCare Technologies Inc. (U.S.), Canon Inc. (Japan), Shimadzu Corporation (Japan), FUJIFILM Holdings Corporation (Japan), Carestream Health, Inc. (U.S.), Agfa-Gevaert NV (Belgium), Hologic, Inc. (U.S.), Konica Minolta, Inc. (Japan), Samsung Medison Co., Ltd. (South Korea), and Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China).

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The digital X-ray systems market is segmented by Product Type [Fixed Digital X-ray Systems (Ceiling Mounted, Floor Mounted), Portable Digital X-ray Systems, Detectors, Software & Services], Technology [Direct Radiography, Computed Radiography], Application [Orthopedic & Trauma, Breast Imaging, Dental Imaging, Chest & Lung Imaging, and Other Applications], End User [Hospitals & Clinics, Diagnostic Imaging Centers], and geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.

Based on product type, the digital X-ray systems market is segmented into fixed digital X-ray systems, portable digital X-ray systems, detectors, and software & services. In 2023, the fixed digital X-ray systems segment is expected to account for the largest share of the digital X-ray systems market.

The fixed digital X-ray systems segment is further divided into ceiling-mounted and floor-mounted. These systems are widely used in hospitals and diagnostic centers. With the rising number of hospitals and diagnostic imaging centers, the adoption of fixed digital X-ray systems has increased, further contributing to the segment’s large market share.

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Based on technology, the digital X-ray systems market is segmented into direct radiography (DR) and computed radiography (CR). In 2023, the direct radiography segment is expected to account for the largest share of the digital X-ray systems market. Direct radiology transfers and displays the images at a faster rate compared to computed radiology. The technology produces high-quality images and has less risk of overexposure to radiation, contributing to the largest share of this segment.

Based on application, the digital X-ray systems market is segmented into orthopedic & trauma, breast imaging, dental imaging, chest & lung imaging, and other applications. In 2023, the orthopedic & trauma segment is expected to account for the largest share of the digital X-ray systems market. The rise in orthopedic conditions, the advantages of digital X-ray devices over traditional devices for screening these disorders, technological advancements in modalities, and the increased number of road accidents are the major contributing factors for the segment’s largest share.

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Based on end user, the digital X-ray systems market is segmented into hospitals and clinics, and diagnostic imaging centers. In 2023, the hospitals and clinics segment is expected to account for the largest share of the digital X-ray systems market. Hospitals & clinics perform a wide range of diagnoses and surgeries, which include the use of X-rays. The increased hospitalizations due to the rising incidence of diseases, the rise in the geriatric population, and the increase in healthcare settings support the largest share of the market.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the digital X-ray systems market, followed by Europe and Asia-Pacific. The well-established healthcare system, awareness regarding early disease diagnosis, and higher spending on healthcare are the major factors contributing to the large share of this market.

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Meticulous Research®, a leading global market research company, published a research report titled, ‘X-ray Detectors Market by Product Type (FPD, CSI, GADOX, CR, CCD), FOV (Large, Medium, Small), Portability (Portable, Fix), System (New, Retrofit), And Application [Medical (Mammogram, Spine), Dental, Security, Industrial, Veterinary] – Global Forecast to 2029’.

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According to this latest publication by Meticulous Research®, the global X-ray detectors market is expected to register a CAGR of 6% during the forecast period 2022–2029 to reach $4.3 billion by 2029. The growing adoption of digital X-ray detectors, rising demand for X-ray imaging in industrial and security markets, growing geriatric population coupled with rising prevalence of chronic diseases & respiratory infections, and increasing utilization of X-ray detectors for early diagnosis & clinical applications are considered to have a positive impact on the X-ray detectors market.

The global X-ray detectors market is segmented by Product Type (Flat Panel Detectors, Computed Radiography (CR) Detectors, Charge-coupled Device (CCD) Detectors, and Line Scan Detectors), Application (Medical Applications, Dental Applications, Security Applications, Industrial Applications, and Veterinary Applications), and Geography. The study also evaluates industry competitors and analyzes their market share at the global and regional levels.

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Based on product type, in 2022, the flat panel detectors segment is estimated to account for the largest share of the X-ray detectors market. The large market share of this segment is attributed to the advantages offered by flat panel detectors in terms of higher spatial resolution, ease of use, portability, and a wide range of applications in dental radiology, mammography, orthopedic & surgical radiology, analytical radiology, and scientific radiology. Flat panel detectors are used in digital radiography (DR) for the conversion of X-rays to light (indirect conversion) or charge (direct conversion), which is then interpreted using a thin film transistor (TFT) array. FPD are used for medical imaging (CT, X-rays, mammography) and in several extraoral imaging devices.

Based on application, in 2022, the medical applications segment is expected to account for the largest share of the global X-ray detectors market. The large market share of this segment is attributed to the wide utilization of X-ray detectors in the healthcare sector due to easy availability, low cost, and increased performance for imaging internal body parts to diagnose & treat fractures, abnormalities, or diseases.

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This research report analyzes major geographies and provides a comprehensive analysis of the X-ray detectors market in North America (U.S., Canada), Asia-Pacific (China, Japan, India, Australia, and RoAPAC), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Latin America, and Middle East & Africa.
The key companies operating in the global X-ray detectors market are Varex Imaging Corporation (U.S.), Trixell (France), Canon Inc. (Japan), Agfa-Gevaert NV (Belgium), Teledyne Technologies Incorporated (U.S.), Carestream Health, Inc. (U.S.), Konica Minolta, Inc. (Japan), Rayence (U.S.), Vieworks Co., Ltd (South Korea), Hamamatsu Photonics K.K. (Japan), iRay Technology (China), CareRay Medical Systems Co. (China), Analogic Corporation (U.S.), and FUJIFILM Holdings Corporation (Japan).

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Related Report:

>> The Asia-Pacific X-ray Detectors Market is projected to reach $1.27 billion by 2030, at a CAGR of 7.4% from 2023 to 2030. >> https://www.meticulousresearch.com/product/asia-pacific-x-ray-detectors-market-5692?utm_source=article+&utm_medium=social&utm_campaign=product&utm_content=14-02-2024

>> The North America X-ray Detectors Market is projected to reach $1.48 billion by 2030, at a CAGR of 5.5% from 2023 to 2030. >> https://www.meticulousresearch.com/product/north-america-x-ray-detectors-market-5597?utm_source=article+&utm_medium=social&utm_campaign=product&utm_content=14-02-2024