DATA INSIGHTS

Monday, June 12, 2023

Pruritus Therapeutics Market, Revenue Share, Key Growth Trends, Major Players, and Forecast, 2022–2028

The Pruritus Therapeutics Market is experiencing significant growth and is projected to reach a value of over USD 19.98 billion by 2028, with a compound annual growth rate (CAGR) of approximately 6.2% throughout the forecast period. This growth can be attributed to the increasing prevalence of skin diseases.

Pruritus, commonly known as itching, is often associated with primary skin disorders such as atopic dermatitis, xerosis, drug eruptions, psoriasis, urticaria, arthropod assaults, dermatitis herpetiformis, and mastocytosis. It manifests as an unpleasant sensation that triggers the urge to scratch or itch. Pruritus is frequently linked to systemic diseases and can range in severity from mild itchiness to a persistent, debilitating condition. Generalized pruritus, based on the underlying causative disease, can be categorized into various types, including cholestatic pruritus, renal pruritus, hematologic pruritus, idiopathic generalized pruritus, endocrine pruritus, and pruritus related to malignancy. Chronic pruritus is commonly observed in pregnant women, with around 18% of all pregnant women experiencing pruritus.

Competitive Landscape:

Key players contributing towards the global pruritus therapeutics market are Allergen, Bristol-Myers Squibb, Astellas Pharma, GlaxoSmithKline, Eli Lilly, Novartis, Merck, Sanofi, and Pfizer.

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According to the World Health Organization (WHO), nearly 900 million people worldwide suffer from skin diseases at any given time, making them one of the most prevalent health issues globally. Atopic dermatitis, also known as atopic eczema, is a prominent skin disorder characterized by pruritus and has a prevalence rate of approximately 6.1-22.3% in Western countries. In the United States, an estimated 23-44 million people are likely to experience chronic pruritus in the context of both cutaneous and systemic conditions. The market for skin condition treatments is projected to reach USD 12.6 billion in terms of revenue, exhibiting a CAGR of 6.5% by 2027, driven by the rising incidence of skin conditions worldwide.

The prevalence of chronic pruritus significantly impacts individuals' daily functioning and quality of life. It can lead to mood disturbances, disrupted sleep patterns, increased anxiety, and depression. Consequently, pharmaceutical companies are actively developing novel drugs and treatments to help individuals suffering from chronic skin conditions. For example, Pfizer Inc., a leading global pharmaceutical company, obtained approval from the U.S. Food and Drug Administration (FDA) for EUCRISATM ointment 2% (crisaborole) in 2016. This innovative non-steroidal topical phosphodiesterase-4 (PDE-4) inhibitor is used for the treatment of mild to moderate atopic dermatitis.

The growing burden of skin diseases and the detrimental impact of pruritus on individuals' well-being have spurred the demand for effective therapeutic options. Continued research and development efforts are expected to drive advancements in pruritus treatments, providing relief and improving the quality of life for affected individuals.

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Type (Revenue, USD Million; 2018-2028)

Corticosteroids
Antihistamines
Local Anesthetics
Counterirritants
Immunosuppressant
Calcineurin Inhibitors
Others

Disease Type (Revenue, USD Million; 2018-2028)

Skin conditions
Atopic Dermatitis
Allergic Contact Dermatitis
Urticaria
Others
Internal diseases
Nerve disorders
Psychiatric diseases
Irritation and allergic reactions

Treatment Type (Revenue, USD Million; 2018-2028)

Itchy skin treatment
Corticosteroid creams and ointments
Other creams and ointments
Oral medications

End-Use (Revenue, USD Million; 2018-2028)

Hospital
Clinic
Others

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Key Advantages of Pruritus Therapeutics Report:

Identification and analysis of the market size and competition
Qualitative and quantitative analysis of the market data
Data validated by industry experts after extensive primary and secondary research
Extensive regional analysis of the Pruritus Therapeutics industry
Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
Feasibility analysis and investment analysis to enable strategic investment decisions
Analysis of opportunities, drivers, restraints, challenges, risks, and limitations

Thank you for reading our report. For more details please connect with us and our team will ensure the report is customized to meet all the needs of clients. The report also offers a comprehensive regional analysis and specific countries can be included in the report according to the requirements.

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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Medical Tourism Market Revenue, Trends, Growth Factors, Region and Country Analysis & Forecast To 2032

The availability of high-quality healthcare services in developing nations and the increasing healthcare expenses in industrialized nations are major factors that are driving the revenue growth of the market.

Market Size – USD 5.3 Billion in 2022, Market Growth – at a CAGR of 32.51%, Expected Market Size – USD 66.76 Billion in 2032, Market Trends – Infrastructural and medical technology advancements in developing countries.

The global medical tourism market size was USD 5.3 Billion in 2022 and is expected to register a revenue CAGR of 32.51% over the forecast period, according to the latest report by Reports and Data.

Medical tourism is growing as a result of improvements in the healthcare business, such as the introduction of medical equipment and non-invasive surgery treatments. Patients can undergo medical treatments, surgeries, and operations overseas for less money than in their own countries due to the increasing rise of the medical tourism industry. In addition, higher disposable income and increased awareness of medical tourism are supporting market revenue growth.

As the prevalence of chronic diseases such as cancer, Cardiovascular Diseases (CVDs), and neurological disorders rises and healthcare prices in developed nations remain high, more individuals are preferring to seek medical care in poorer countries. Because of their high-quality medical facilities and highly experienced medical experts, countries such as India, Thailand, Malaysia, and Singapore are increasing appeal for medical tourism.

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Additionally, advancements in medical technology and infrastructure in developing countries are also expected to contribute to the growth of the medical tourism market. Many countries are making substantial investments in expanding their healthcare facilities to attract patients from abroad. For example, the Indian government has launched initiatives such as the National Medical and Wellness Tourism Board and e-Medical Visa to promote medical tourism. These efforts are expected to attract a significant number of international patients, thereby increasing the demand for medical tourism in the healthcare industry.

Some Key Highlights from the Report

In 2022, the inpatient segment will account for the majority of revenue in the medical tourism industry. This is due to the growing demand for low-cost healthcare services and cutting-edge medical treatments, as well as the availability of high-quality medical facilities and skilled healthcare workers. Inpatients are patients who require hospitalization and therapy for a longer length of time, generally more than 24 hours. Furthermore, increased chronic illness prevalence, which usually necessitates substantial medical treatment, including procedures and hospital stays, is likely to boost revenue growth in this market.
The medical tourism market is predicted to experience rapid revenue expansion, with the orthopedic sector expected to exhibit the swiftest growth rate during the forecast period. This is attributable to the aging populace and the surging incidence of orthopedic afflictions like osteoporosis, osteoarthritis, and rheumatoid arthritis. Additionally, the steep costs of orthopedic operations in developed countries have driven patients to search for more affordable medical options overseas, thereby further propelling the revenue expansion of this particular segment.
In 2022, Thailand had the highest revenue share in the medical tourism sector. This is owing to the existence of known for its first-rate medical facilities and services, cost-effective treatment options, and qualified medical personnel, which has attracted many medical tourists from across the world. Moreover, proactive government policies and actions to encourage medical tourism are likely to fuel market revenue development.
Some of the prominent players profiled in the global medical tourism market include Bumrungrad International Hospital, Asklepios Kliniken GmbH & Co. KGaA, Fortis Healthcare Limited, Apollo Hospitals Enterprise Limited, Prince Court Medical Centre, Samitivej Public Company Limited, Raffles Medical Group, Medanta The Medicity, Anadolu Medical Center, and Wooridul Spine Hospital.
Apollo Hospitals Enterprise Ltd announced a cooperation with the Government of India on January 20, 2022, to establish a new medical tourism destination in India. This initiative is anticipated to draw people from all over the world and to offer world-class medical facilities and services.
Bumrungrad International Hospital established a cooperation with Thailand's Ministry of Public Health on August 5, 2021, to promote medical tourism in Thailand. This collaboration intends to improve Thailand's medical tourism services and facilities while also attracting more overseas patients.
Bumrungrad International Hospital introduced the Wellness Complete package, a comprehensive health screening bundle, in 2021. This package offers a broad variety of health screenings and diagnostic tests aimed to assist patients in identifying potential health concerns before they become serious.
Asklepios Kliniken GmbH & Co. KGaA will open the Asklepios Proton Therapy Center in 2020, a novel cancer treatment program. This clinic provides sophisticated proton therapy treatments for cancer patients utilizing cutting-edge technology and equipment.

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For the purpose of this report, Reports and Data has segmented the global medical tourism market on the basis of Type of Treatment Outlook, Patient Type Outlook, and Regional Outlook:

Type of Treatment Outlook (Revenue, USD Billion; 2022 - 2032)

Cosmetic
Dental
Cardiovascular
Orthopaedic
Others

Patient Type Outlook (Revenue, USD Billion; 2022 - 2032)

Impatient
Outpatient

Regional Outlook (Revenue, USD Billion; 2019-2032)

North America
Europe
Asia-Pacific
Latin America
Middle East & Africa

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Key Advantages of Medical Tourism Report:

Identification and analysis of the market size and competition
Qualitative and quantitative analysis of the market data
Data validated by industry experts after extensive primary and secondary research
Extensive regional analysis of the Medical Tourism industry
Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
Feasibility analysis and investment analysis to enable strategic investment decisions
Analysis of opportunities, drivers, restraints, challenges, risks, and limitations

Conclusively, all aspects of the Medical Tourism market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

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Thursday, June 8, 2023

Nutraceuticals Market Revenue, Driving Factors, Key Players, Strategies, Trends, Forecast Till 2032

The global nutraceuticals market has been experiencing significant growth and is expected to continue expanding in the coming years. In 2022, the market size was valued at USD 284.8 billion, and it is projected to reach USD 464.5 billion by 2032, with a projected compound annual growth rate (CAGR) of 5.4% during the forecast period.

Several factors are driving the revenue growth of the nutraceuticals market. Firstly, there is an increasing prevalence of chronic diseases worldwide. Nutraceuticals have been shown to effectively manage chronic illnesses such as diabetes, heart disease, and cancer. As a result, consumers are turning to these products to enhance their overall health and wellness, leading to increased demand.

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The rising demand for functional foods is another significant driver of market growth. Functional foods are fortified with additional nutrients and bioactive components, offering health benefits beyond basic nutrition. Consumers are increasingly seeking foods that can support digestive health, boost the immune system, and improve cognitive function. This growing demand for functional foods is contributing to the revenue growth of the nutraceuticals market.

Additionally, the increasing popularity of plant-based products is driving market revenue growth. Concerns about the environmental impact of animal agriculture and the health benefits of plant-based diets have led to a rising demand for plant-based nutraceuticals. These products have been shown to lower the risk of chronic diseases and improve overall health and wellness, attracting health-conscious consumers.

The market is also being driven by the demand for customized nutrition. Technological advancements have enabled the development of personalized nutrition regimens based on an individual's genetic makeup, lifestyle, and dietary choices. Personalized diets have been proven effective in improving health outcomes and reducing the risk of chronic diseases, further fueling the demand for nutraceuticals.

However, there are certain challenges that impact the market's revenue growth. Stringent government regulations, the high cost of research and development (R&D), and the limited availability of raw materials can pose obstacles for nutraceutical companies. Compliance with regulatory requirements and investing in R&D can be costly, hindering market growth. Additionally, the availability of raw materials can be limited, affecting the production and availability of nutraceutical products.

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Despite these challenges, the increasing consumer demand for health and wellness products and the growing awareness of the connection between nutrition and disease prevention are expected to drive the revenue growth of the nutraceuticals market. As consumers continue to prioritize their health and seek preventive measures, the market is likely to witness sustained growth in the future.

By Product Type Outlook

Functional Food
Dietary Supplements
Functional Beverages
Others

By Application Outlook

Sports Nutrition
General Wellness
Weight Management
Others

By Distribution Channel Outlook

Retail Stores
E-commerce
Pharmacies and Drug Stores
Others

Regional Outlook:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Key Advantages of Nutraceuticals Report:

Identification and analysis of the market size and competition
Qualitative and quantitative analysis of the market data
Data validated by industry experts after extensive primary and secondary research
Extensive regional analysis of the Nutraceuticals industry
Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
Feasibility analysis and investment analysis to enable strategic investment decisions
Analysis of opportunities, drivers, restraints, challenges, risks, and limitations

Conclusively, all aspects of the Nutraceuticals market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

About Us:

John W
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Reports and Data | Web: www.reportsanddata.com

Tuesday, June 6, 2023

Orthopedic Braces and Supports Market Revenue Share, Growth Factors, Trends, Analysis & Forecast, 2022–2032

The Global Orthopedic Braces And Supports Market has been experiencing significant growth and is projected to continue expanding in the coming years. In 2022, the market size was valued at USD 5.35 billion, and it is expected to reach USD 9.84 billion by 2032, with a projected compound annual growth rate (CAGR) of 7% during the forecast period.

Several factors are driving the revenue growth of the orthopedic braces and supports market. Firstly, there is an increasing incidence of orthopedic disorders globally. Conditions such as arthritis, sprains, strains, and fractures are becoming more prevalent, leading to a higher demand for orthopedic braces and supports. According to the World Health Organization (WHO), around 10% to 15% of the global population suffers from musculoskeletal disorders, further driving the demand for these devices.

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Some of the major players in the global orthopedic braces and supports market include:

Össur hf
DJO Global, Inc.
Bauerfeind AG
Breg, Inc.
DeRoyal Industries, Inc.
BSN medical GmbH
medi GmbH & Co. KG
Thuasne Group
Ottobock SE & Co. KGaA
3M Company

The growing geriatric population is also a significant factor contributing to market growth. As individuals age, they are more susceptible to orthopedic disorders and injuries, leading to a greater need for orthopedic braces and supports. The United Nations predicts that the global geriatric population will reach 2.1 billion by 2050, further increasing the demand for these devices.

Furthermore, the rising number of sports-related injuries is also fueling the demand for orthopedic braces and supports. With the increasing popularity of sports activities, the incidence of injuries has also risen, driving the need for supportive devices to aid in the recovery and prevention of further damage.

The demand for non-invasive and minimally invasive surgeries is another contributing factor to the market's growth. As medical technology advances, more patients and healthcare professionals are opting for less invasive treatment options. Orthopedic braces and supports provide a non-invasive approach to support injured joints and muscles, aiding in the healing process and reducing the need for extensive surgical procedures.

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Technological advancements in orthopedic braces and supports are also driving market growth. The development of new materials and designs has enhanced the comfort, durability, and effectiveness of these devices. Innovations such as 3D printing technology have allowed for more personalized and tailored solutions for patients, further increasing the adoption of orthopedic braces and supports.

However, there are certain factors that hinder the market's revenue growth. The high cost of orthopedic braces and supports can limit their adoption, particularly in developing countries where affordability is a major concern. Additionally, the lack of reimbursement policies for these devices can also impact their adoption, as patients may be reluctant to bear the financial burden individually.

In conclusion, the orthopedic braces and supports market is driven by the increasing incidence of orthopedic disorders, the growing geriatric population, rising sports-related injuries, and the demand for non-invasive and minimally invasive treatment options. Technological advancements have also played a crucial role in the market's growth. However, challenges such as high costs and limited reimbursement policies need to be addressed to ensure wider accessibility and adoption of these devices.

By Product Type Outlook

· Knee Braces

· Back Braces

· Wrist Supports

· Ankle Braces

· Others

By Application Outlook

· Osteoarthritis

· Injury Rehabilitation

· Sports Injuries

· Others

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Key Advantages of Orthopedic Braces and Supports Report:

Identification and analysis of the market size and competition
Qualitative and quantitative analysis of the market data
Data validated by industry experts after extensive primary and secondary research
Extensive regional analysis of the Orthopedic Braces and Supports industry
Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
Feasibility analysis and investment analysis to enable strategic investment decisions
Analysis of opportunities, drivers, restraints, challenges, risks, and limitations

Conclusively, all aspects of the Orthopedic Braces and Supports market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

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Wednesday, February 9, 2022

Video Conferencing Market Size, Opportunities, Trends, Growth Factors, Revenue Analysis, For 2020–2028

Advancements in Internet technology globally and increasing adoption of video conferencing in enterprises to support offshore operations are driving market revenue growth

Market Size – USD 7.67 Billion in 2020, Market Growth – at a CAGR of 19.5%, Market Trend – Rapid adoption of big data among enterprises

The global Video Conferencing Market size is expected to reach USD 32.02 Billion in 2028 and register a revenue CAGR of 19.5% over the forecast period, according to latest report by Reports and Data. Factors such as growing communication infrastructure that supports high-speed data, rising workplace mobility, Bring Your Own Device (BYOD) trend, increasing adoption of video conferencing in organizations to support offshore operations, and work from home culture are boosting market revenue growth.

A video conferencing session is a real-time visual communication session between one or more participants, regardless of their location. Video conferencing solutions are designed to facilitate communication between two or more entities, and they include advanced features such as screen sharing, video recording, remote desktop connection, file sharing, printing, and others. The main challenge for the global video conferencing market is the growing number of unethical activities, as well as data security and privacy concerns. Misdemeanors such as hijacking video conversations by uninvited parties to disrupt usual proceedings are being reported, which is hampering market revenue growth.

Video conferencing solutions are sold as a wide array of methods that allow for video conferencing between devices, and are available in a variety of delivery modalities, including cloud and on-premises, depending on user needs. However, cost, quality, and flexibility are some major barriers in large-scale adoption of video conferencing. Extensive research & development funded by various companies, as well as enhancements in cloud computing services, are expected to help in overcoming these barriers and thus, drive market revenue growth. The main impact of video conferencing on a business is that it reduces cost and is less time-consuming.

Companies profiled in the global market report include Cisco Systems, Inc., Microsoft Corporation, Lifesize, Adobe Inc, Skype, ZTE Corporation, Zoom Video Communications, Inc., Plantronics, Inc., Vidyo, Inc, and LogMeIn, Inc.

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Some Key Highlights From the Report

In February 2021, HP moved deeper into video conferencing with the launch of New Presence Line. The new HP Presence portfolio consists of a PC for management and security, meeting software that uses sensors to detect presence, a new 4K camera with Artificial Intelligence (AI), and an AC bar and hub unit with satellite microphones.
Solutions segment accounted for a significantly large revenue share in 2020. During lockdowns, use of room conferencing sessions has boosted demand for hardware including phones, cameras, and microphones. Furthermore, increasing adoption of cloud-based software such as Zoom, Teams, WebEx, and Meet on a daily basis is driving market revenue growth.
Cloud segment accounted for a larger revenue share in 2020, owing to its low-cost implementation and flexible subscription models suitable for users. Use of the cloud helps organizations to benefit from reduced on-premises storage. Additionally, information stored in the cloud is easier to access and is available to other organizations in case of any inquiry.
Large enterprises segment accounted for a larger revenue share in 2020. Video conferencing solutions help large enterprises to achieve their desired goals by discussing strategies and providing training over video conferences to improve business output. The video conferencing market for major corporations has grown dramatically in recent times due to introduction of web-based technologies with fewer complexities, thereby allowing businesses to expand and operate efficiently from remote places.
The telecom and IT segment is expected to register the highest revenue growth rate during the forecast period due to increasing use of video conferencing solutions for training and understanding of resources to keep them technologically informed.
The market in North America accounted for largest revenue share in 2020. Enterprises in the U.S. and Canada are well-aware of the benefits of video conferencing solutions available in the market. Upgrades to existing equipment and cloud-based service subscriptions, and high rate of adoption of latest technologies owing to advanced IT infrastructure are driving growth of the market. Furthermore, market expansion is also being driven by the presence of headquarters of major corporations in the region.

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For this report, Reports and Data has segmented the global video conferencing market on the basis of component, deployment type, organization size, end-use, and region:

Component Outlook (Revenue, USD Billion; 2018–2028)

Solutions

Hardware
Software

Services

Professional Services

System Integration and deployment
Technical Support

Managed Services

Deployment Type Outlook (Revenue, USD Billion; 2018–2028)

Cloud
On-Premises

Organization Size Outlook (Revenue, USD Billion; 2018–2028)

Large Enterprises
Small and Medium-Sized Enterprises

End-Use Outlook (Revenue, USD Billion; 2018–2028)

BFSI
Healthcare
Telecom and IT
Retail and Consumer Goods
Government and Public Sector
Legal
Energy and Utilities
Manufacturing
Others

Regional Outlook (Revenue, USD Billion; 2018–2028)

North America
Europe
Asia-Pacific
Latin America
Middle East & Africa

Tuesday, February 8, 2022

Service Integration and Management (SIAM) Market Size, Trends, Growth Factors, Regional Segment Revenue Analysis, 2020–2026

The growth of the market is governed by various factors such as growing proliferation of the micro services architecture which encourages breaking the application into smaller components.

Market Size – USD 3.71 Billion in 2018, Market Growth - CAGR of 21.9%, Market Trends-Adoption of hybrid cloud deployment services in several end-user industries

The Service Integration and Management (SIAM) Market is expected to reach USD 5.45 Billion by 2026, according to a new report by Reports and Data. Service integration is the coordination of people, tools & technology, processes, data, and governance across various suppliers. It assures practical and useful operations of the end-to-end service delivery to the enterprise user. SIAM’s service management structure organizes multiple roles across the organization, such as forecasting business demand and getting capability plans from IT service providers. The process plays a very critical role in all service management processes, which include the incident resolutions, delivery of new cross-supplier services, and coordinated disaster recovery. SIAM technologies assist the IT organization to build a better business plan, security, visibility, and precise control over the process.

Due the presence of advanced economies, like the United States (US) and Canada, North America is estimated to hold the largest share of 42.3% in 2018. North America is the most developed region in the SIAM market, as almost all large enterprises are located in this region. The region’s powerful financial position also allows it to invest heavily in advanced testing tools and technologies. These improvements have provided North American organizations a competitive edge in the market.

The Key players in the Service Integration and Management (SIAM) Market include IBM, Hewlett Packard Enterprise, Wipro, HCL Technologies, DXC Technology, Capgemini, Atos, TCS, Accenture, Fujitsu, Mindtree, Oracle, NTT DATA, Quint Wellington Redwood, ServiceNow, CGI, Cherwell, BAE Systems, Infosys, Little Fish, Keysource, Tieto, 4me, Data Ductus, Sofigate, Sopra Steria, Atos SE,FUJITSU, Oracle, Tata Consultancy Services Limited, Capgemini

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Further key findings from the report suggest

The Service Integration and Management (SIAM) Market is estimated to reach USD 5.45 Billion by 2026, at a CAGR of 4.9 % during the forecast period.
The Small and Medium-sized Enterprises (SMEs) segment is anticipated to grow at a higher rate of 5.2% during the forecast period.
The demand for SIAM is increasing among corporate sectors, since it is effortless and time efficient.
Services segment is anticipated to grow at a higher rate of 5.2% during the forecast period.
The application in manufacturing is anticipated to grow at the highest rate of 5.2% during the forecast period.
APAC is forecasted to be the fastest growing market with the highest rate of 5.3% during the forecast period. The drivers for the growth of this region are the presence of key players, favorable reimbursement policies, and rising use of technology in the emerging countries along with several initiatives taken by the government.
Various players are developing strategies to mark their presence in the industry.
The rising adoption of GRC (governance, risk, and compliance) management solutions is a modern trend in service integration and management (SIAM) enterprise.
Players in the industry are swiftly adopting GRC management solutions to gain consistency in their governance and administration functioning, in both external and internal services.
For example, Wipro Limited is concentrating on the production of a shared governance and interaction platform and gating mechanism to facilitate governance in the end-to-end service outlined by the vendors in its multi-vendor outsourcing structure.
R&D initiatives by companies to improve healthy products that have a broad application base are anticipated to create tremendous growth possibilities for industry participants.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/service-integration-and-management-siam-market

For the purpose of this study, Reports and Data have segmented the market on the basis of Component Type, Organization size, End User and region:

Component Type Outlook (Revenue, USD Million; 2018-2026)

Solutions
Services

Organization size Outlook (Revenue, USD Million; 2018-2026)

Large Enterprises
SMEs

End User Outlook (Revenue, USD Million; 2018-2026)

IT and Telecom
BFSI
Manufacturing
Retail
Others

Regional Outlook (Revenue, USD Billion ; 2018-2026)

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

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Key Advantages of Service Integration and Management (SIAM) Report:

Identification and analysis of the market size and competition
Qualitative and quantitative analysis of the market data
Data validated by industry experts after extensive primary and secondary research
Extensive regional analysis of the Service Integration and Management (SIAM) industry
Profiling of key players along with their business overview, business strategies, deals and partnerships, and product portfolio
SWOT and Porter’s Five Forces Analysis for in-depth understanding of the competitive landscape
Feasibility analysis and investment analysis to enable strategic investment decisions
Analysis of opportunities, drivers, restraints, challenges, risks, and limitations

Conclusively, all aspects of the Service Integration and Management (SIAM) market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.

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Wednesday, February 2, 2022

GPS Tracking Devices Market Revenue, Growth, Restraints, Trends, Company Profiles, Analysis & Forecast Till 2028

Global research report called GPS Tracking Devices market was recently published by Reports and Data. to provide guidance for the business. The new research study on GPS Tracking Devices market sheds light on the current scope as well as on the upcoming opportunities in the future. To understand the structure of global trading, the report also gives statistical data on local consumption and global consumption. The report also focuses on global major leading industry players of GPS Tracking Devices market providing information such as company profiles, product picture and specification, price, capacity, cost, production, revenue and contact information.

Additionally, it discusses effective plans and development strategies, with tables and figures helping analyze worldwide GPS Tracking Devices market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Top Key Players:

Sierra Wireless
Orbocomm
Atrack Technology
Geotab Inc.
Box Telematics
Meitrack Group
Trackimo Group
Calamp Corp
Starcom System Ltd.
Concox Wireless Solution

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Market Overview:

Information and communication technology (ICT) encompass a wide range of communication networks as well as the technologies that support them. The information and communication technology (ICT) sector bring together manufacturing and service businesses whose products primarily perform or enable information processing and communication via electronic methods, including transmission and display. The ICT sector contributes to technical advancement, increased output, and increased productivity. Its impact can be measured in a variety of ways: directly, as a contributor to output, employment, or productivity growth; or indirectly, as a source of technical development influencing other sections of the economy.

The GPS Tracking Devices market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the GPS Tracking Devices market.

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The GPS Tracking Devices market has been growing steadily over the past decade and CAGR is expected to improve over the forecast period. It is also likely to be one of the industries influencing global revenue generation. Rapidly growing demand, an abundance of raw materials, population growth, financial stability, and product awareness are some of the factors that make progress directly and indirectly in the market.

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The study throws light on the GPS Tracking Devices market mainly focusing on the growth factors and even the restraining factors. The restraining factors are also provided with the best solutions which also prove to be a counteract to the drawback and help increase the market demand. Applications, types, technology and many other segmentations are studied to give a depth of knowledge for further market investment. Key driving forces for GPS Tracking Devices market is explained to help give an idea for a detailed analysis of this market.

The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information, and applies a number of industry-best techniques upon the data for projecting the future state of the global GPS Tracking Devices market. Based on current market development, the report includes an analysis of how activities such as mergers and shapes the market’s future.

GPS Tracking Devices Market Segmentation:

Technology Type Outlook (Revenue, USD Billion; 2018-2028)

Standalone Tracker
OBD Device
Advance Tracker

Product Type Outlook (Revenue, USD Billion; 2018-2028)

Data Loggers
Data Pushers
Data Pullers

Deployment Type Outlook (Revenue, USD Billion; 2018-2028)

Commercial Vehicle
Cargo & Container
Other

Application Type Outlook (Revenue, USD Billion; 2018-2028)

Automotive
Aerospace & Defence
Healthcare
Transportation
Others

Regional Outlook:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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Market Report includes major TOC points:

GPS Tracking Devices market Overview
Global Economic Impact on Industry
Global Market Competition by Manufacturers
Global Production, Revenue (Value) by Region
Global Supply (Production), Consumption, Export, Import by Regions
Global Production, Revenue (Value), Price Trend by Type
Global Market Analysis by Application
Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
GPS Tracking Devices market Forecast

Conclusively, all aspects of the GPS Tracking Devices market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.