A Market Place Research – Page 1297

Multi-touch Screen Market: Global Opportunity Analysis and Industry Forecast, 2017-2023

Multi-Touch Screen Market Overview:

Global Multi-Touch Screen Market was valued at $6 billion in 2016, and is projected to reach $16 billion by 2023, growing at a CAGR of 15.9% from 2017 to 2023. Multi-touch screens are the display types, which can detect and respond to stylus or finger gestures at several locations on a single screen. Earlier, this technology was pioneered by Apple, Inc. by its introduction in iPhone. At present, the market has gained traction, owing to their extensive demand from various industries such as consumer electronics, retail, media, and others.

The factors that drive the market are increase in number of electronic display devices, rise in trend of retail & media applications, and surge in investment from corporate users. However, lack of availability of raw material and high cost of these panels restrain the market growth. Moreover, surge in investment for multi-touch screen displays for emerging applications is anticipated to provide new opportunities in the market.

Portable electronic devices, such as tablets, smartphones, laptop, smart pen, and portable gaming consoles, and others use multi-touch screens on a wide scale. Furthermore, wearable smart devices and watches use multi-touch screens to enhance the overall user experience. The growth in number of portable electronic devices and smart wearable propels the demand in the global multi-touch screen market.

Asia-Pacific is Expected to be a Lucrative Region

The Asia-Pacific multi-touch screen market is expected to grow at the highest CAGR during the forecast period, owing to the increase in demand for consumer electronics, wearable devices, and rapid growth in retail industry.

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Competitive Landscape

The report provides a comprehensive analysis of the key market players and the significant strategies adopted by them. The key players include Apple Inc., HP Development Company, L.P., 3M, GestureTek, Displax, Immersion Corporation, Fujitsu, Panasonic Corporation, Samsung Electronics Co. Ltd., Tpk Holding Co., Ltd., and others.

Key Benefits for Stakeholders

The study provides an in-depth analysis of the global multi-touch screen market to elucidate the prominent investment pockets from 2017 to 2023.
Current trends and future estimations are outlined to determine the overall market scenario.
The report provides information about key drivers, restraints, and opportunities with a detailed impact analysis.

Multi-touch Screen Market Report Highlights

Aspects	Details
By Technology	ResistiveCapacitiveInfraredOpticalOthers
By Application	Consumer ElectronicsRetailEducationOthers
By Geography	North AmericaU.S.CanadaMexicoEuropeUKGermanyFranceRest of EuropeAsia PacificChinaJapanSouth KoreaTaiwanRest of Asia-PacificLAMEALatin AmericaMiddle EastAfrica
Key Market Players	APPLE INC., DISPLAX, FUJITSU, GESTURETEK, HP DEVELOPMENT COMPANY, L.P., IMMERSION CORPORATION, 3M, PANASONIC CORPORATION, SAMSUNG ELECTRONICS CO. LTD., TPK HOLDING CO., LTD.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Semiconductor Memory Market :Global Opportunity Analysis and Industry Forecast, 2021-2027

Semiconductor memory is a digital semi-conductor electronic system, which is used to store digital data. Semiconductor memory is also an integral component of present electronic devices. Increasing demand for high capacity and low power memory is growing rapidly as modern advanced portable electronic devices boost overall performance with their reduced size. Access time of the data stored in primary memory should be consistent with microprocessor’s operating time. Semiconductor devices are thus preferred as primary memory. Semiconductor memory is used prominently in assembly of electronics, which uses computer processing technology. It is one of the most important components of electronics needed for any computer-based PCB assembly.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Owing to high storage requirements from several industries, the growing establishment of data centers worldwide would intensify the demand for memory devices with semiconductors. The adoption of colocation data centers and hyperscale data in developed economies, owing to the increase demand for connectivity, management, and storage of large business data from mega facilities is escalating semiconductor memory market demand. This further allows global players to develop their facilities and provides a benefit to the growth of the industry. Increasing saturation of cell phones and technological advances combined with the increasing adoption and popularity of smart devices is expected to create growth opportunities for this semiconductor memory industry. In addition, a notable emergence of Solid-State Drives (SSD) and mobile computing technology on the market is expected to boost the development of global seams. In addition, growing demand in the electronics sector also positively impacts business growth.

The global semiconductor memory market trends are as follows:

Rise in RAM utilization in automotive applications creates new business opportunities

Growing integration of electronic components and improving automotive systems in automobiles is expected to create growth opportunities for leading players in the semiconductor memory industry. Modernization of infotainment vehicle design systems, autonomous driving systems, and safety systems drives semiconductor memory market growth during the forecast period. DRAM and flash memory used in lighting control & ADAS systems offer vehicle systems high speed and connectivity.

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Increase in adoption of wearable devices to raise market share for consumer electronics

The consumer electronics segment would have a significant share of the semiconductor memory market, primarily owing to growth in acceptance of IoT & connected technology and rise in consumer disposable income across the world. The consumer electronics manufacturers are partnering with service providers to offer high-tech goods to the customers.

Key benefits of the report:

This study presents the analytical depiction of the global semiconductor memory industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global semiconductor memory market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global semiconductor memory market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global semiconductor memory market analysis based on competitive intensity and how the competition will take shape in coming years.

Semiconductor Memory Market Report Highlights

Aspects	Details
By Type	RAM [SRAM, SDRAM, MRAM, DRAM]ROM [EEPROM, EPROM, Flash Memory, PROM]
By Industry Vertical	Aerospace & DefenseAutomotiveConsumer ElectronicsHealthcareTelecommunicationsOthers
By Region	North America (US, Canada)Europe (France, Germany, UK, Spain, Italy, Rest of Europe)Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa)
Key Market Players	Microchip Technology, Inc., Crocus Technology, Cypress Semiconductor Corporation, Everspin Technologies, Inc., Fujitsu Limited, GlobalFoundries, SK Hynix, Inc., Intel Corporation, Micron Technology, Inc., NXP Semiconductors

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Anti-Corrosion Coating Market Trend, Size, Share, Technology, End-User Industry, Region, Growth Opportunity and Forecast, 2019-2027

The report offers key drivers that propel the growth in the global anti-corrosion coating market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions. The global anti-corrosion coating market is segmented on the basis of type, technology, end-user industry, and region. Based on type, the market is further divided into epoxy, polyurethane, acrylic, alkyd, zinc, chlorinated rubber, and others. The epoxy segment accounted for around two-fifths of the total share of the global anti-corrosion coating market in 2019. Whereas, the acrylic segment is expected to portray the largest CAGR of 9.4% from 2020 to 2027.

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Based on region, Asia-Pacific accounted for the highest share, holding more than one-third of the total share in 2019, and is estimated to maintain its dominant share during the forecast period. Furthermore, the region is also anticipated to manifest the fastest CAGR of 8.7% from 2020 to 2027. The market also analyses regions including Europe, North America, and LAMEA.

Increase in awareness about eco-friendly products, rise in investment across end-user industries, and superior performance of anti-corrosion powder coatings propel the growth of the global anti-corrosion coating market. However, limitations of epoxy anti-corrosion coating and government impede the market growth. On the other hand, increase in demand for anti-corrosion coating in the marine industry to improve efficiency and rise in applications of anti-corrosion coating in the solar and wind energy industry offer lucrative opportunities to the market players.

As per the report published by Allied Market Research, the global anti-corrosion coating market garnered $22.8 billion in 2019, and is projected to garner $41.2 billion by 2027, witnessing a CAGR of 8.3% from 2020 to 2026. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

By Technology

Solvent-Borne
Waterborne
Powder Coatings
Others

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Based on technology, the market is segmented on the basis of solvent-borne, waterborne, powder, and other anti-corrosion coatings. The solvent-borne segment accounted for the largest market share with more than three-fifths of the total share in 2019, and is estimated to maintain its lead position throughout the forecast period. Contrarily, the water-borne segment is expected to register the fastest CAGR of 9.5% from 2020 to 2027.

The key market players analyzed in the report involves BASF SE, NIPPON PAINT HOLDINGS CO. LTD, PPG Industries Inc., The Sherwin-Williams Company, AkzoNobel N.V, Hempel Holdings A/S, Kansai Paints Co. Ltd, The Dow Chemical Company, WackerChemie AG, and 3M.

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Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Fire Alarm and Detection System Market Expected to Reach $98.90 Billion by 2030

Fire Alarm and Detection System Market Expected to Reach $98.90 Billion by 2030

Fire Alarm and Detection System Market by Offering (Hardware and Software), Product Type (Fire Alarm Type and Detector Type), Detection Technology (Addressable and Conventional), Connectivity (Wired and Wireless), and End User (Commercial, Residential, and Industrial): Global Opportunity Analysis and Industry Forecast, 2021-2030. According to a new report published by Allied Market Research, titled, “Fire Alarm and Detection System Market by Offering, Product Type, Detection Technology, Connectivity, End User, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global fire alarm and detection system industry size was valued at $60.51 billion in 2020, and is projected to reach $98.90 billion by 2030, registering a CAGR of 5.0%. North America is expected to be the leading contributor to the market during the forecast period, followed by Europe and Asia-Pacific.

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Top Impacting Factors
Factors such as increase in installation of fire safety systems in educational institutions and awareness among residents of fire detection systems are likely to trigger alarming growth in fire detection market. Additionally, advancements in fire detection and alarm devices are expected to boost market growth during the forecast period. However, the relatively high cost of industrial fire alarm systems, along with concerns about false alarms and detection failures are restraining the market growth. On the contrary, the development of wireless and wireless detection and alarm systems is creating lucrative growth opportunities for wireless security systems

The report provides a detailed study of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. The report offers a SWOT analysis that helps to understand the driving and restraining factors in the industry. The report highlights market segmentation and includes the study of major market players. Furthermore, the report covers a detailed study of the impact of the Covid-19 outbreak on the global Fire Alarm and Detection System market. The global Fire Alarm and Detection System market report offers an overview of the market and highlights the market definition and scope.

The Fire Alarm and Detection System Market report offers a detailed analysis of the market on the basis of several parameters including sales, sales analysis, market size, and major driving factors. In addition, the report offers SWOT analysis, Porter’s five forces analysis, portfolio and financial analysis, and a business overview of services and products. Such statistical tools provide essential information regarding leading market players and help take advantage of lucrative opportunities in the industry. The report aids industry players and new industry entrants to devise sound business strategies and leveraging the opportunities.

The report provides a comprehensive study of the major market trends and driving factors that fuel the growth of the global Fire Alarm and Detection System market. The analysis of drivers and opportunities is essential in understanding the dynamic industry trends and how companies can leverage such trends. Furthermore, the analysis of challenges and restraints offered in the report helps in recognizing market dynamics. The global Fire Alarm and Detection System report provides quantitative as well as qualitative analyses of the market. The qualitative study provides the value chain analysis, pain point analysis, and key regulations.

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The report covers a detailed analysis of the impact of the Covid-19 pandemic on the market. The prolonged lockdown across the world and stringent restrictions on international trade have a significant impact on the global Fire Alarm and Detection System market. The Covid-19 pandemic resulted in a disrupted supply chain and value. Moreover, the pandemic increased the prices of raw materials and created a shortage of skilled workforce. The report provides consumer preferences, trends, and budget impact on the market owing to the Covid-19 pandemic.

Fire Alarm and Detection System Market Report Highlights

By Offering
• Hardware
o Control Panels
o Sensors & Initiating Components
o Notification & Audio Components
o Others
• Software
By Product Type
• Fire Alarm
o Audible Alarms
o Visual Alarms
o Manual Call-points
• Detector Type
o Flame Detectors
o Smoke Detectors
o Heat Detectors
By Detection Technology
• Addressable
• Conventional

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The global Fire Alarm and Detection System market offers detailed segmentation based on type, By component, By technology, by end user and region. The Fire Alarm and Detection System market is segmented on the basis of geography. The regions studied in the report are North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). This market study helps to devise business strategies and recognize lucrative opportunities.

The report includes a comprehensive study of market trends, major market players, and top investment pockets that help understand strategies and make informed decisions. The study involves a detailed analysis of the top impacting factors and major investment pockets that affect the overall market growth. The Global Fire Alarm and Detection System market report offers the segmentation and study of prime market players. The major companies Carrier Global Corporation, Eaton Corporation PLC, Halma PLC, Hochiki Corporation, Honeywell International Inc., Johnson Controls International PLC, NAPCO Security Technologies, Inc., NITTAN Company, Limited, Robert Bosch GmbH, and Siemens AG. These players have adopted various strategies such as product launch, acquisition, collaboration, and partnership to expand their foothold in the industry.nThese companies have adopted various business strategies such as partnerships, new product launches, collaboration, and mergers & acquisitions. These market developments help new industry entrants understand profitable strategies and make informed decisions. This study offers a comprehensive study of major impacting factors and prime investment pockets in the market.

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User Provisioning Market 2021: Rising with Immense Development Trends across the Globe by 2031

Increase in the adoption of cloud-based software by various companies across the globe, surge in demand for improvement in workforce utilization, and rise in incidents of identity thefts are expected to drive the growth of the global User Provisioning Market. Shutdown in the production of various industries, reduction in workforce, and economic slowdown in various countries during the pandemic had a negative impact in the growth of the global market.

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The report offers detailed segmentation of the global user provisioning market based on component, business function, deployment model, organization size, industry vertical, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on the fastest growing segments and highest revenue generation that is mentioned in the report.

Based on deployment model, the on premises segment held the dominating market share in 2021, holding more than half of the global market. The cloud segment, on the other hand, is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 15.1% during the forecast period.

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Based on organization size, the large enterprises segment held the largest market share in 2021, holding more than three-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The SMEs segment, on the other hand, is expected to cite the fastest CAGR of 14.7% during the forecast period.

Based on business function, the IT segment held the largest market share in 2021, holding more than two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The marketing and sales segment, on the other hand, is expected to cite the fastest CAGR of 15.9% during the forecast period.

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Based on region, the market across North America held the largest market share in 2021, holding nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 15.1% during the forecast period.

The key players analyzed in the global user provisioning market report include ATOS, CA Technologies, Cyberark, Centrify Corporation, Dell Technologies, EmpowerID, Inc., Hitachi, Happiest Minds, IDMWORKS, Kinetix, OneLogin, Inc., IBM Corporation, JumpCloud, Microsoft Corporation, Oracle Corporation, SAP SE, SolorWinds LLC.

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COVID-19 Scenario:

The outbreak of COVID-19 has had a negative impact on the growth of the global user provisioning market, owing to the occurrence of lockdowns in various countries across the globe.
Lockdowns resulted in the closure of manufacturing and production facilities of various industries and businesses, which adversely impacted the growth of the market.
In addition, the economic slowdown of various economies further aggravated the impact of the market.
These restrictions were imposed by the government to curb the spread of the virus during the pandemic. However, the incidents of identity theft were still on the rise. Emerging advancements in the market are providing remunerative opportunities for growth. Moreover, many enterprises are investing highly in the user provisioning market.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Disk Storage System Market

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GNSS Chip Market : Global Opportunity Analysis and Industry Forecast, 2021-2030

Global Navigation Satellite System (GNSS) is an electronic device that uses radio signals from orbiting satellites to determine the location on the ground, and provides advanced navigation and location-based services for a variety of consumer’s electronic devices such as smart phones, tablets & wearables and others. GNSS chip supports all the timings and positioning solutions in the devices. The GNSS chip has high accuracy with increased number of satellites compared to GPS, which provide only positioning, making it durable for market.

The companies involved in the manufacturing of GNSS Chip are focus on maximizing the sensitivity for indoor signals, which provide more accurate results. This development will help the GNSS Chip to penetrate more in the market. The GNSS Chip find their applications in diverse sectors such as automotive, aerospace & defense, maritime, rail, and agriculture.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The major factors that impacts the GNSS Chip market growth includes emerging demand for GNSS Chip in consumer electronics, increase in the use of GNSS Chip in the consumer electronics devices such as smartphones for tracking and navigation purpose.

In Agricultural sector, the GNSS Chip is used as tractor guidance and monitoring functions in various automobiles used in agriculture. GNSS Chip also provide installation of monitoring of devices, and complete precision farming system includes the integration of the guidance devices with farming equipment, and integration of the whole system with the farm management software and database. Hence, the need for the GNSS Chip in the agricultural sector will drive the demand for GNSS Chip in the market.

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Rise in adoption of IOT technology for automated solution in the vehicles and increase in demand for UAV’s is various application such as drones make use of GNSS Chip for navigation, Thus, the rise IOT technology and UAV’s surge the demand for GNSS Chip in the market. However, high prices of GNSS Chip devices due to advancement in technology and difficulty in receiving signals for indoor operations may restraint the growth of the GNSS Chip in the market.

The GNSS Chip Market trends are as follows:

Rising demand for IOT:

The Internet of Things (IoT) is the technology, which provide function not only for computers, but also various devices with built-in computing capabilities are interconnected. In order to provide real-time data in IOT running devices GNSS chips are integrated with devices include self-driving cars, drones, smart sensors, connected homes and integrated wearable. The Internet of Things technology provides many new opportunity and service options to make life and work easier for consumers. The Internet of Things plays an important role in various navigation, healthcare and automotive applications, includes from site information management to real-time location tracking. These devices are intended for navigation, automotive and medical applications. Therefore, the rise in popularity of GNSS products based on the Internet of Things is driving the growth of the GNSS chip market.

Wide-scale demand for unmanned aerial vehicles (UAVs) in several applications:

In countries such as Canada, Australia, the United States and other countries can obtain permits or licenses to operate for UAV for commercial purposes; these UAV are embedded with GNSS chips that can track and record data in real time. For an instance in 2012, the Federal Aviation Administration (FAA) authorized first responders, including law enforcement agencies, to fly UAV weighing less than 25 pounds to depths of less than 400 feet. This is a step is consider huge step toward commercializing the operation of UAV such as drones. Furthermore, the manufacturing company is developing UAV built into GNSS chips and tailored for specific applications. Since drones are unmanned vehicles, it is important to track their location, which is easily achieved through GNSS technology. Thus, rise in the use for UAV in various regions ultimately provide demand for GNSS chips in the market.

Market Scope and Structure Analysis:

Report Metric	Details
Market size available for years	2020–2030
Base year considered	2020
Forecast period	2021–2030
Forecast unit	Value (USD)
Segments covered	device type, applications, end-user and region

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Key Benefits of the Report:

This study presents the analytical depiction of the GNSS Chip Market along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the GNSS Chip Market share.
The current market is quantitatively analyzed from 2020 to 2030 to highlight the GNSS Chip Market growth scenario.
Porter’s Five Forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed GNSS Chip Market analysis based on competitive intensity and how the competition will take shape in coming years.

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Plenoptic Camera Market Is Expected to Reach $5.87 Billion by 2030: Says AMR

High-end technological advancements in cameras and imaging sensors, surge in tourism industry across the globe, and emergence of light field camera technology for high-speed photography applications drive the growth of the global plenoptic camera market. Based on application, the industrial segment contributed to the major share in 2020. Based on region, on the other hand, the market across Asia-Pacific would manifest the fastest CAGR by 2030.

According to the report published by Allied Market Research, the global plenoptic camera market was estimated at $1.08 billion in 2020 and is expected to hit $5.87 billion by 2030, registering a CAGR of 18.5% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.

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High-end technological advancements in cameras & imaging sensors, surge in tourism industry across the globe, and emergence of light field camera technology for high-speed photography applications drive the growth of the global plenoptic camera market. On the other hand, high cost associated with plenoptic cameras restrains the growth to some extent. However, rise in demand for professional photography courses and advanced photographic devices are anticipated to create lucrative opportunities in the industry.

COVID-19 Scenario

Increase in broadband usage and higher demand for cloud services and video streaming during the pandemic have impacted the global plenoptic camera positively.
Although some of the plenoptic camera manufacturers witnessed temporary delays in production, especially during the initial phase, the market is expected to recoup the losses very soon.

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The global plenoptic camera market is analyzed across product type, application, and region.

Based on product type, the coded aperture camera segment accounted for nearly two-fifths of the total market share in 2020, and is expected to rule the roost by 2030. The focused plenoptic camera segment, however, would garner the fastest CAGR of 21.3% throughout the forecast period.

Based on application, the industrial segment contributed to more than two-fifths of the total market revenue in 2020, and is projected to lead the trail by 2030. The individual segment, on the other hand, would exhibit the fastest CAGR of 21.5% during the forecast period.

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Based on region, the market across North America held the major share in 2020, garnering more than one-third of the global market. Asia-Pacific, simultaneously, would manifest the fastest CAGR of 21.3% throughout the forecast period. The other provinces discussed in the report include Europe and LAMEA.

The key market players analyzed in the global plenoptic camera market report include Apple Inc., Sony Corporation, Panasonic Corporation, Canon Inc., Samsung Electronics, Lytro, Inc., Raytrix GmbH, OTOY Inc., Pelican Imaging Corp., and Rebellion Photonics Inc. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.

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Global Data Processing Unit Market to Reach $5.5 Billion by 2031: Allied Market Research

Rise in internet penetration, surge in penetration of high-end cloud computing in enterprise, rise in data center complexities due to scalability, growth in the popularity of 5G network capabilities, and persistent technological advancements to drive the global data processing unit market growth. Closure of production and manufacturing facilities, shortage of skilled workforce, and other supply chain challenges during the pandemic had a negative impact on the global market.

According to the report published by Allied Market Research, the global data processing unit market generated $553.96 million in 2021, and is projected to reach $5.5 billion by 2031, growing at a CAGR of 26.9% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

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Report coverage & details:

Report Coverage	Details
Forecast Period	2022–2031
Base Year	2021
Market Size in 2021	$553.96 million
Market Size in 2031	$5.5 billion
CAGR	26.9%
No. of Pages in Report	231
Segments Covered	Type, data center type, application, and region
Drivers	Rise in internet penetration
Surge in penetration of high-end cloud computing in enterprise
Opportunities	Increase in adoption of multi-cloud
Growth in the popularity of 5G network capabilities
Restrains	rise in concerns related to data privacy
growing demand for managed services

COVID-19 Scenario:

The outbreak of the COVID-19 has had a negative impact on the growth of the global data processing unit market, owing to the occurrence of lockdowns in various countries across the globe.
With governments of several nations imposing and extending lockdowns, production and manufacturing facilities across the globe have been shut down, owing crisis and unavailability of workforce.
These restrictions were imposed by the government to curb the spread of the virus during the pandemic. Considering the inputs from various industry experts belonging to the various stages of the value chain, such as OEMs, suppliers, integrators, end users, and distributors, and the financial release of various companies in the data processing unit ecosystem, it is calculated that the market has experienced a decline during 2019–2020.
However, it is expected that the market will recover from 2021 and remain in the growth stage during the forecast period.

The report offers detailed segmentation of the global data processing unit market based on type, data center type, application, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

Based on type, the FPGA-Based segment held the largest market share in 2021, holding more than half of the global data processing unit market share, and is expected to maintain its leadership status during the forecast period. The SOC-based segment, on the other hand, is expected to cite the fastest CAGR of 29.72% during the forecast period.

Based on data center type, the hyperscale segment held the largest market share in 2021, holding more than two-fifths of the global data processing unit market share, and is expected to maintain its dominant status during the forecast period. The edge segment, on the other hand, is expected to cite the fastest CAGR of 33.51% during the forecast period.

Based on application, the IT and telecom segment held the dominating market share in 2021, holding nearly two-fifths of the global data processing unit market share, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 29.91% during the forecast period. The report also includes other segments such as BFSI, Government, Energy and Utilities, and Others.

Based on region, the market across North America held the dominating market share in 2021, holding nearly two-fifths of the global data processing unit market share. The Asia-Pacific region, on the other hand, is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 32.46% during the forecast period.

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The report analyses key players of the global data processing unit market such as NVIDIA Corporation (Mellanox Technologies), Marvell Technology Inc., Fungible, Inc., Broadcom Inc., Intel Corporation, Kalray, Resnics /Yisixin Technology (Shanghai) Co., Ltd., and Advanced Micro Devices, Inc. (Pensando Systems Inc.)

The report analyzes these key players in the global data processing unit market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.

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Phytosphingosine Market Predicted to Grow at High CAGR, Complete Business Overview by 2023

According to a new report published by Allied Market Research, titled, “Phytosphingosine Market by Application (Facewash, Moisturizer, Cleansing Wipes, and Others) – Global Opportunity Analysis and Industry Forecast, 2017-2023” The phytosphingosine market was valued at $1,215.5 million in 2016, and is projected to reach $1,882.9 million by 2023, growing at a CAGR of 6.5% from 2017 to 2023. Moisturizer was the highest revenue generating application in 2016, accounted for $693.4 million. The segment is projected to dominate the market in coming years.

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The key players in phytosphingosine industry focus to expand their operations in the emerging countries by adopting various strategies such as acquisition and contact/agreement. The major players profiled in this report include AK Scientific Inc., Avanti Polar Lipids, Inc., Beckmann-Kenko GmbH, BOC Sciences, Doosan Corporation, Evonik Industries AG, MolPort, Sigma-Aldrich Co. LLC, Sungwun Pharmacopia Co. Ltd., and Tokyo Chemical Industry Co., Ltd.

Anti-acne products comprise phytosphingosine and the increased demand for anti-acne products has driven the phytosphingosine market growth. Also, bio-based products have witnessed a high demand, thereby supplementing the global market. In addition, the growth in pharmaceutical industry has high demands for phytosphingosine, which contributes well to the global phytosphingosine market. However, inconsistent yield throughout the year impedes the market growth.

Facewash is anticipated to grow at the fastest rate by 2023 because phytosphingosine as an ingredient in facewash is high in demand. Consumers are more inclined towards the use of natural solutions to maintain and improve skin functions, which is expected to provide substantial growth opportunity to the industry players. Facewash containing phytosphingosine cleanses, purifies, and tones the skin. The increase in use of phytosphingosine as an ingredient in facewashes, owing to its quality of reducing spots & blemishes, drives the global market.

Based on region, Europe dominated the global market in 2016 and is anticipated to remain dominant throughout the period. The growth of the European phytosphingosine industry is driven by the shift in preference toward natural beauty products and rise in consumer attention toward anti-aging products. Saturation in the European cosmetic market and increase in consumer health and environmental awareness provide numerous growth opportunity for natural cosmetic products in this region, thus increase in the demand for phytosphingosine. Evonik Industries AG, MolPort, and Beckmann-Kenko GmbH are few of the leading players operating in the European phytosphingosine market.

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However, Asia-Pacific witnessed the second-highest growth rate during the forecast period. Change in lifestyle, higher disposable income, variation in climatic conditions, and surge in demand for skin & sun care products augment the market growth. Phytosphingosine is known to diminish signs of aging such as wrinkles, spots, and dullness. Thus, growth in aging & young population, rise in number of women entering the workplace, and increased women spending power boost the use of cosmetics, thus, fueling the growth further. Moreover, high demand for natural and herbal beauty & personal care products is expected to create ample growth opportunities for market expansion.

Key Findings of the Phytosphingosine Market:

In 2016, facewash accounted for the maximum market revenue, and is projected to grow at a CAGR of 6.1 % during the forecast period.
Moisturizer accounted for the maximum share in 2016, accounting for $335.8 million.
Europe generated the maximum revenue in 2016 and is anticipated to dominate the other regions during the forecast period.
Rest of LAMEA is the major shareholder in the LAMEA phytosphingosine industry, and accounted for more than 50% share in 2016.

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Cobalt Alloy Powder Market Size is projected to reach $490.9 million by 2030

According to the report published by Allied Market Research, the Cobalt Alloy Powder Market by Product (Co-Cr Alloy Powder, Co-Cr-Mo Alloy Powder, Co-Cr-Ni Alloy Powder, and Others), and Application (Additive manufacturing & 3D printing, Brazing, Metal Injection Molding, Plasma and Thermal Spray Application, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030. The global cobalt alloy powder market was estimated at $259.1 million in 2020 and is expected to hit at $490.9 million by 2030, registering a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

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Rise in demand for cobalt in the automotive and tooling industry and rapid development of 3D printing fuel the growth of the global cobalt alloy powder market. On the other hand, several health hazards associated with cobalt dust impede the growth to some extent. However, innovation in the manufacturing industry is expected to create lucrative opportunities in the sector.

The key market players analyzed in the global cobalt alloy powder market report include Eramet, Freeport Cobalt Americas LLC, Sherritt International, Minara Resources Pty Ltd., Mitsui, Norilsk Nickel, Sandvik Materials Technology, Shepherd chemical company, Sumitomo Corporation, and Umicore- Cobalt & Specialty Materials. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

COVID-19 scenario-

Loss of man power and shut down of the majority of industries across the globe led to a sharp decline in demand for cobalt alloy powder based products from the manufacturing industries, especially in the initial phase. This factor impacted the global cobalt alloy powder market negatively.
Nevertheless, the overall situation is now getting ameliorated, and the market is anticipated to recoup soon.

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The global cobalt alloy powder industry is analyzed across product, application, and region. Based on product, the CoCr alloy powder segment accounted for more than two-fifths of the total market share in 2020, and is expected to rule the roost by 2030. The CoCrMo alloy powder segment, on the other hand, would garner the fastest CAGR of 7.2% throughout the forecast period.

Based on application, the additive manufacturing and 3D printing segment contributed to nearly half of the total market revenue in 2020, and is projected to lead the trail by 2030. The brazing segment, however, would exhibit the fastest CAGR of 7.7% during the forecast period.

Based on region, the market across North America held the major share in 2020, garnering nearly two-fifths of the global market. Simultaneously, the Asia-Pacific region would manifest the fastest CAGR of 9.6% throughout the forecast period. The other provinces discussed in the report include Europe and LAMEA.

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