Shital Thakare Profile

The growing adoption of cloud computing across several industrial sectors is driving the growth of the global Platform-as-a-Service (PaaS) market. Also, the growing adoption of IoT across different industries across the world is further driving the demand for PaaS cloud, which is used for data integration, analytics, and application development.

The pandemic severely impacted several sectors, with major manufacturers shutting down their operations completely or operating at reduced capacities following the directives issued by their respective governments. Uncertainty regarding the duration of the lockdown and supply-chain disruptions made it more difficult for players to anticipate the recovery. This crisis caused structural shifts that had significant implications for the market.

The COVID-19 outbreak had a negative impact on the growth of the manufacturing execution systems market. Major halts in many industrial operations, such as manufacturing plants not operating and low productivity in manufacturing units, impacted several important players operating in this market. The pandemic also caused several manufacturing facilities to close. Several end industry operations, including those in the power generation, oil and gas, and automotive sectors, saw significant transformation during the post-pandemic phase.

With the increasing urbanization, the demand for convenience food products is increasing rapidly, mainly due to changing lifestyles, the rising number of nuclear families, an increasing proportion of working women, and less time for food preparation. These factors create a strong case for the accelerated growth of the bakery premixes market, as bakery premixes are easily portable and have a long shelf life, which led to the high consumption of bakery premixes during the pandemic.

Malocclusion is the third most common oral health problem globally, following periodontal disease and tooth decay. According to the study published in the European Journal of Pediatric Dentistry in 2020, the prevalence of malocclusion in Asia-Pacific was 48%, irrespective of individual age and gender. Malocclusion in children and adolescents is a common condition that affects one out of every two people globally.

The growth of the global clear aligners market is mainly attributed to the rise in the number of patients with malocclusion, rising new product launches and approvals by clear aligners companies, technological advancements in dentistry, increasing demand for aesthetic dentistry, rising government initiatives for oral care, increasing dental care infrastructure globally. However, the high cost of clear aligners restrains the growth of this market. The growing demand for customized clear aligners is expected to generate growth opportunities for the players operating in this market. However, the lack of awareness about dental health problems among the population and low access to quality dental treatment in emerging countries are challenging market growth.

The growth of this market is mainly attributed to the reducing cost of NGS procedures, the development and approval of new targeted therapies, rising prevalence of cancer, partnerships between NGS service providers and pharmaceutical companies, high cost of sequencing infrastructure, and technological advancements in NGS. In addition, advancements in sequencing data analytics and the increasing applications of NGS in cancer and agri-genomics research are expected to offer significant growth opportunities for NGS service providers.

The growth of this market is driven by the increasing adoption of cloud computing technology, the growing implementation of IoT technology, and the rising need to reduce time to market and application development costs. However, data security & privacy concerns restrain the growth of this market. The increasing penetration of Artificial Intelligence (AI) and Machine Learning (ML) technologies and the growing demand for video PaaS are expected to create growth opportunities for the stakeholders in this market. IoT technology is being increasingly implemented across industries. Most IoT-centric solutions are implemented on PaaS platforms such as application PaaS (aPaaS) and integration PaaS (iPaaS), which is expected to boost the demand for PaaS cloud. Additionally, PaaS is used for IoT device management, orchestration, and business process management Platform-as-a-Service (bpmPaaS), database Platform-as-a-Service (dbPaaS) and analytics services.

The growth of this market is attributed to the growing complexity of manufacturing operations, the rising adoption of industrial automation in process and discrete industries and the increasing significance of regulatory compliances. Furthermore, the integration of MES with solutions such as ERP and PLM and increasing applications of MES in the pharmaceutical industry are expected to create significant opportunities for the players operating in this market.

The pandemic severely impacted several sectors, with major manufacturers shutting down their operations completely or operating at reduced capacities following the directives issued by their respective governments. Uncertainty regarding the duration of the lockdown and supply-chain disruptions made it more difficult for players to anticipate the recovery. This crisis caused structural shifts that had significant implications for the market.

Increasing emphasis on sustainability and energy efficiency in building design is supporting the growing adoption of innovative roofing technologies, including cool roofs, solar panels, and green roofs. Cool roofs are designed to reflect more sunlight and absorb less heat compared to traditional roofs.

Microscopy generates a large number of images thus a large data set. AI can segment and recognize features in 2D and 3D images at a faster rate and more accurately than traditional image analysis. The researchers are still exploring the application of AI-integrated microscopy in quantum microscopy. As the quantity of data generated is increasing day by day, AI tools can be used to process the data which can be further used in various applications.