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freefartexpert · 11 months

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Automotive Electronics Market to be Worth $361.6 Billion by 2030 - Exclusive Report by Meticulous Research®

Meticulous Research®—a leading global market research company, published a report titled, 'Automotive Electronics Market by Component (ECU, Sensors, ICs), Material (Silicon, Germanium), Application (ADAS, Infotainment Systems), Vehicle Type (ICE, Hybrid, Electric Vehicles, ), Channel (OEMs, Aftermarket), and Geography - Global Forecast to 2030.’

According to the latest publication from Meticulous Research®, the automotive electronics market is projected to reach $361.6 billion by 2030, at a CAGR of 6.7% during the forecast period of 2023 to 2030. The growth of this market is attributed to the surge in vehicle electrification, the increasing need for energy-efficient electronic devices, and the rising demand for safety and control systems. In addition, the growing demand for ADAS & AD and the high demand for adaptive lighting systems in passenger and entry-level SUVs are expected to offer significant opportunities for the growth of this market. However, the high cost of electronic systems hampers the growth of this market. In addition, fluctuating raw material prices is a major challenge to the growth of this market.

The automotive electronics market is segmented by component, material, application, vehicle type, and distribution channel. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on component, the automotive electronics market is segmented into electronic control units, sensors, integrated circuits, head-up displays, actuators, IP modules, and other components. In 2023, the electronic control units segment is expected to account for the largest share of the automotive electronics market. This segment's large market share is attributed to increasing demand for technologically advanced vehicles in developed and developing countries, such as hybrid and pure electric cars, rising government regulations pertaining to fuel consumption, and the growing need for better mileage of vehicles by the middle-class population. ECUs are responsible for collecting data from sensors throughout the vehicle and making decisions or executing commands based on that information. They control and coordinate the operation of different systems, ensuring optimal performance, efficiency, and safety.

However, the sensors segment is projected to register the highest CAGR during the forecast period. The high market growth is driven by the rising demand for sensors in hybrid powertrains, growing awareness about reducing vehicles' carbon footprint, and the increasing need to monitor and optimize temperature, pressure, and position for compliance with various emission norms and regulations.

Based on material, the automotive electronics market is segmented into silicon, germanium, and other materials. In 2023, the silicon segment is expected to account for the largest share and is projected to register the highest CAGR during the forecast period. This segment's large market share is attributed to its compact size, powerful and extremely efficient in supporting electromobility, enabling fast recharging, improving battery control, saving energy, and increasing the range of electric cars. Silicon-based integrated circuits play a vital role in automotive electronics. These ICs are fabricated on silicon wafers using semiconductor manufacturing processes. They integrate multiple electronic components, such as transistors, diodes, resistors, and capacitors, onto a single chip. ICs enable the miniaturization, high performance, and complexity required for various automotive applications.

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Based on application, the automotive electronics market is segmented into tire pressure monitoring systems, engine management & powertrain systems, fuel injection systems, infotainment systems, ADAS, body control & comfort, safety, architecture & networking, HVAC systems, autonomous mobility, lighting systems, and other applications. In 2023, the body control & comfort segment is expected to account for the largest share of the automotive electronics market. This segment's large market share is attributed to increasingly stringent engine management requirements for EVs, the rising number of premium comfort features in lower vehicle segments, and the growing deployment of V2V and V2X connectivity technologies.

However, the ADAS segment is projected to register the highest CAGR during the forecast period. The high market growth is driven by the rising collaboration between major automakers, technology companies, and semiconductor manufacturers to develop advanced electronic systems and technologies to support autonomous driving, growing demand for luxury vehicles, and increasing demand for safety & driving comfort features.

Based on vehicle type, the automotive electronics market is segmented into internal combustion engine, hybrid, and electric vehicles. In 2023, the internal combustion engine segment is expected to account for the largest share of the automotive electronics market. ICE engines are more durable and require less maintenance than electric motors, and stringent government norms with respect to fuel efficiency are some of the drivers for the growth of this segment.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/automotive-electronics-market-5531

However, the electric vehicles segment is projected to register the highest CAGR during the forecast period. The high market growth in electric vehicles is driven by decreasing prices of batteries, rising environmental concerns, and increasing investments by leading automotive OEMs.

Based on distribution channel, the automotive electronics market is segmented into OEMs and aftermarket. In 2023, the OEMs segment is expected to account for the larger share of the automotive electronics market. However, the aftermarket segment is projected to register the highest CAGR during the forecast period.

Based on geography, the automotive electronics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia- Pacific is expected to account for the largest share of the market and is also expected to grow during the forecast period. The large market share is attributed to increasing demand for EVs, growing number of manufacturers offering numerous advanced automotive electronics in the mobility industry, and incentive programs for EV adopters.

Key Players

The key players operating in the automotive electronics market are Infineon Technologies AG (Germany), Robert Bosch GmbH (Germany), Valeo Inc. (France), Continental AG (Germany), Hitachi, Ltd. (Japan), Aptiv PLC (Ireland), Texas Instruments Incorporated (U.S.), STMicroelectronics International N.V. (Switzerland), NXP Semiconductors (Netherlands), ZF Friedrichshafen AG (Germany), Visteon Corporation (U.S.), Advanced Micro Devices, Inc. (U.S.), Magna International Inc. (Canada), DENSO CORPORATION (Japan), and Hyundai Mobis Co., Ltd. (South Korea).

Quick Buy – Automotive Electronics Market- Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/59273732

Key questions answered in the report-

Which are the high-growth market segments based on component, material, application, vehicle type, and distribution channel?

What was the historical market size for automotive electronics?

What are the market forecasts and estimates for the period 2023–2030?

What are the major drivers, restraints, opportunities, and challenges in the automotive electronics market?

Who are the major players, and what shares do they hold in the automotive electronics market?

How is the competitive landscape in the automotive electronics market?

What are the recent developments in the automotive electronics market?

What are the different strategies adopted by the major players in the automotive electronics market?

What are the key geographic trends, and which are the high-growth countries?

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freefartexpert · 1 year

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Mice Model Market to be Worth $2.48 Billion by 2030 - Exclusive Report by Meticulous Research®

According to a new market research report titled, ‘Mice Model Market by Mice Type (Inbred, Hybrid), Services (Breeding, Cryopreservation, Quarantine), Technology (CRISPR, Nuclear Transfer), Application (Oncology, Cardiology, Neuro), End User (Research, Academia, Pharmaceutical) - Global Forecast to 2030,' published by Meticulous Research®, the mice model market is projected to reach $2.48 billion by 2030 at a CAGR of 6.5% from 2023 to 2030.

Mice models are laboratory mice that are used as experimental models in scientific research studies. These mice are bred and genetically modified in such a way that it mimics the pathophysiology of human diseases. They are used for a wide range of research purposes, such as drug discovery, cancer research, immunology, and neurology. Mouse models are especially important in drug discovery & testing of new drugs as they give valuable insights into the absorption, distribution, metabolism, and excretions of drug molecules.

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The diseases in mice have a similar pathophysiological characteristics as humans. In addition, the genomic composition of mice is largely similar to humans. Hence, mice models are widely preferred as an ideal candidate for experimental research studies.

The mice model market is driven by factors such as the advantages of mice as an animal model for studying human diseases, the rising prevalence of cancer, the increasing number of grants for research studies, and the rising demand for personalized medicine. Furthermore, the technological advancements & innovations in mice models are expected to provide significant opportunities for the growth of this market.

However, ethical concerns and regulatory restrictions are expected to hinder the growth of this market to a certain extent. In addition, factors such as the lack of skilled personnel for performing animal studies and the high cost of mice models are the major challenges to market growth.

Rising Demand for Personalized Medicine to Drive Mice Model Market

Currently, personalized medicines are highly preferred for treating many genetic diseases. Mice models help facilitate the development of personalized medicines. Humanized mice models are also gaining popularity in the study of personalized medicines. Especially in cancer research, personalized mice models can be created by implanting a piece of the patient’s tumor in the immune-compromised mice. The mice can then be tested for response to various personalized cancer drugs. These studies yield promising personalized drug therapies for cancer. Pharmaceutical companies have also been reported to use mouse models derived from cancer cell lines to test and improve the effectiveness of new anticancer drugs. The rising demand for personalized medicines would thus drive the demand for mice models in research studies.

The report includes an extensive assessment of the market based on mice type, service, technology, application, end user, and geography. The study also provides valuable insights into the key growth strategies adopted by major market players in the last three to four years.

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The mice model market is segmented based on mice type, services, technology, mode, application, end user, and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on mice type, in 2023, the inbred mice segment is expected to account for the largest share of the mice model market. The large market share of this segment is attributed to the advantages of the inbred mice for conducting scientific studies, such as a high degree of genetic homogeneity and consistency, they are easy-to-produce and cost-effective compared to other mice types, and have a wide range of application areas in research.

Based on service, in 2023, the breeding segment is expected to account for the largest share of the mice model market. The large market share of this segment is attributed to the high demand for breeding services to produce customized solutions based on research needs and higher quality & consistency of the mice, which can lead to reliable and reproducible experimental results.

Based on technology, in 2023, the CRISPR/CAS9 segment is expected to account for the largest share of the mice model market. The large market share of this segment is attributed to the advantages of the technology to provide precise, targeted specific gene modifications in mice in a cost-effective manner compared to other genetic engineering techniques and its ability to create genetically modified mice models quickly and efficiently.

Based on mode, in 2023, the outsourced segment is expected to account for the largest share of the mice model market. The large market share of this segment is attributed to the increased preference by research organizations to outsource animal research to service providers to save operational costs, reduce labor requirements and get access to specialized expertise.

Quick Buy – Mice Model Market- Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/29172497

Based on application, in 2023, the oncology studies segment is expected to account for the largest share of the mice model market. The large market share of this segment is attributed to the increased demand for mice models for oncology studies to test the efficacy and safety of potential cancer therapies, increased demand for personalized medicines, and increased funding for cancer research.

Based on end user, in 2023, the pharmaceutical & biotechnology companies segment is expected to account for the largest share of the mice model market. The large market share of this segment is attributed to the increased use of mice models in the pharmaceutical & biotechnology companies for preclinical drug development studies, increased pharmaceutical R&D expenditure, and growing demand to rapidly develop new personalized medicines.

Based on geography, in 2023, North America is expected to account for the largest share of the mice model market, followed by Europe, and Asia-Pacific. North America’s large market share is primarily attributed to its high R&D expenditure and research funding in the region, robust infrastructure for conducting research, favorable government initiatives, and presence of key market players in the region. However, Asia-Pacific is slated to record the highest CAGR in the mice model market during the forecast period. The growth of this market is driven by the rapidly growing pharmaceutical & biotechnology industry in the region, increasing R&D expenditure, and increasing government funding for research projects, especially in China and India.

Some of the key players operating in this market are Charles River Laboratories International, Inc. (U.S.), The Jackson Laboratory (U.S.), Laboratory Corporation of America Holdings (U.S.), Horizon Discovery Group plc (U.K.), Trans Genic Inc. (Japan), GenOway S.A. (France), Taconic Biosciences, Inc.(U.S.), Envigo Ltd (U.S.), Janvier Labs (France), ingenious targeting laboratory (U.S.), Harbour Antibodies B.V. (China) (Subsidiary of HBM Holdings), Crescendo Biologics Ltd. (U.K.), Deltagen Inc. (U.S.), and ImmunoGenes Kft. (Hungary).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/mice-model-market-4151

Scope of the Report:

Mice Model Market, by Mice Type

Inbred Mice

Genetically Engineered Mice

Outbred Mice

Hybrid/Congenic Mice

Conditioned/Surgically Modified Mice

Spontaneous Mutant Mice

Other Types

(Other types majorly include knockout mice model, carcinogen-induced mice model, and transplantation mice model) Mice Model Market, by Service

Breeding

Cryopreservation

Model-in Licensing

Genetic Testing

Quarantine

Other Services

(Other Services majorly include in-vivo & in-vitro pharmacology, rederivation, and genetically engineered model services) Mice Model Market, by Technology

CRISPR/CAS9

Embryonic Stem Cell Injection

Nuclear Transfer

Other Technologies

(Other Technologies majorly include microinjection and chemical mutagenesis)

Mice Model Market, by Mode

Outsourced

In-house

Mice Model Market, by Application

Oncology Studies

Cardiovascular Studies

Genetic Studies

Endocrine Metabolic Studies

Neurological Studies

Immunology & Inflammation studies

Other Applications

(Other applications include infectious disease studies, fibrosis, and regenerative medicine)

Mice Model Market, by End User

Pharmaceutical & Biotechnology Companies

Academic & Research Institutes

Contract Research Organizations

Other End Users

Other end users majorly include cosmetic companies, government agencies, etc.

Mice Model Market, by Geography

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe (RoE)

Asia-Pacific

China

Japan

India

Rest of Asia-Pacific (RoAPAC)

Latin America

Brazil

Mexico

Rest of Latin America (RoLATAM)

Middle East & Africa

Request For Free Sample Report @ https://www.meticulousresearch.com/request-sample-report/cp_id=4151 Related Reports:

Cell Culture Market by Product [Consumables (Media, Reagents, Sera, Cell Lines), Equipment (Bioreactor, Centrifuge, Cell Counter)], Application (Bioproduction, Cancer Research, Stem Cell, Diagnostic), End User (Pharma, academic) - Global Forecast to 2029 https://www.meticulousresearch.com/product/cell-culture-market-4788

Veterinary Molecular Diagnostics Market by Product (Kits & Reagents, System & Software), Technology (PCR, Microarray, DNA Seq), Animal Type (Companion, Livestock), Application (Infectious Disease, Genetics), End User (Hospital, Clinical Lab) - Forecast to 2029 https://www.meticulousresearch.com/product/veterinary-molecular-diagnostics-market-5284

Genetic Testing Market by Offering (Consumables, Reagents, Instruments, Services), Test Type (Diagnostic, Prenatal, Carrier, Newborn, Preimplantation), Method (Molecular, Chromosomal), End User (Hospitals, Diagnostic Laboratories) - Global Forecast to 2030

https://www.meticulousresearch.com/product/genetic-testing-market-5370 About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact: Mr. Khushal Bombe Meticulous Market Research Inc. 1267 Willis St, Ste 200 Redding, California, 96001, U.S. USA: +1-646-781-8004 Europe : +44-203-868-8738 APAC: +91 744-7780008 Email- [email protected] Visit Our Website: https://www.meticulousresearch.com/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Content Source: https://www.meticulousresearch.com/pressrelease/309/mice-model-market-2030

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freefartexpert · 1 year

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Cloud Managed Services Market to be $247.5 Billion by 2030 - Exclusive Report by Meticulous Research®

According to a new market research report titled, ‘Cloud Managed Services Market by Type, Deployment Mode, Organization Size, Sector (IT & Telecommunications, BFSI, Retail & Consumer Goods and Healthcare & Life Sciences) - Global Forecast to 2030’, the global cloud managed services market is projected to reach $247.5 billion by 2030, at a CAGR of 14.2% from 2023 to 2030. Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5485

Cloud managed services offer partial or complete management of a client's cloud resources or infrastructure. These generally include day-to-day monitoring and management of cloud service environments, including configuration management, performance management, cost optimization, security and compliance monitoring, capacity management, financial management, and governance. They provide benefits such as cost saving, custom and integrated service, robust infrastructure, centralized network services and applications, disaster recovery, network security and automatic upgrades.

The growth of the cloud managed services market is driven by technological advancements supporting the adoption of cloud services, the growing need for cloud services in the BFSI sector, and the increasing importance of managed cloud services in the healthcare sector. Moreover, the increasing focus on customized and managed cloud services and integration of cloud technologies with in-house apps provide significant opportunities in the global cloud managed services market. Additionally, security & privacy risks associated with multi-tenancy, compliance issues, limited flexibility, and unpredictable costs of cloud services are some of the key challenges for the growth of the managed cloud services market. Enterprises' increasing preference for storage-as-a-service and rising demand for backup and archive-as-a-service are the key trends observed in the cloud managed services market.

Based on type, the global cloud managed services market is segmented into cybersecurity services, infrastructure services, business services, network services, data center services, communication and collaboration services, and mobility services. In 2023, the network services segment is expected to account for the largest share of the global cloud managed services market. The large growth of this segment is attributed to the increasing adoption of managed VPN and SD-WAN services among telecommunication data centers and the rising need to reduce repetitive or mundane tasks to speed up processes and drive down overheads. However, the mobility services segment is expected to register the highest CAGR during the forecast period.

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Based on organization size, the global cloud managed services market is segmented into large enterprises and small and medium-sized enterprises (SMEs). In 2023, the large enterprises segment is expected to account for a larger share of the global cloud managed services market. However, the small & medium-sized enterprises segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing deployments of cloud managed services owing to the availability of fully managed services, reduction in hardware maintenance costs, and reduction in infrastructure replacement or upgradation costs, and availability of market-proven solutions & services at a reasonable subscription fee.

Based on sector, the global cloud managed services market is segmented into IT & telecommunications, BFSI, retail & consumer goods, healthcare & life sciences, manufacturing, government & public entities, energy & utility, oil & gas, automotive, and other sectors. In 2023, the IT & telecommunications segment is expected to account for the largest share of the global cloud managed services market. The growth of this segment is attributed to the rising demand for cloud solutions by IT industries to store, manage and process these huge data sets, increasing demand for cloud managed services by the telecommunications sector to reduce their operating and administrative costs, and growing availability cloud solutions & services for IT & telecom infrastructure. This segment is also expected to register the highest CAGR during the forecast period.

Based on geography, the global cloud managed services market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the global cloud managed Services market. North America’s large market share is attributed to the growing adoption of cloud managed services by large IT companies to reduce their capital costs and transfer them into operational expenses and demand from different businesses to concentrate on their core functions. Furthermore, companies’ increasing inclination toward adopting cloud solutions to improve business productivity and decision-making capabilities and strong government support for the implementation and research & development of cloud computing technologies propels the market. However, Asia-Pacific is expected to register the highest CAGR during the forecast period.

Quick Buy – Cloud Managed Services Market - Global Opportunity Analysis And Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/11185338

However, Asia-Pacific is expected to register the highest CAGR during the forecast period. The fast growth of this region is driven by the growing investments by major players existing in the region, such as IBM Corporation (U.S.) and Google LLC (U.S.), to strengthen the growth of cloud managed services, and regional governments are making considerable investments to improve cloud infrastructure, and growing adoption of data center services in China, and Japan. Further, the growing adoption of cloud managed services by small and medium-sized enterprises and increasing demand for outsourcing management functions from the cloud and managed services providers boost the growth of this regional market.

The key players operating in the global cloud managed services market are Google LLC (a subsidiary of Alphabet Inc.) (U.S.), Microsoft Corporation (U.S.), International Business Machines Corporation (U.S.), Oracle Corporation (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), Accenture plc (Ireland), NEC Corporation (Japan), Nokia Corporation (Finland), Amazon Web Services, Inc. (a subsidiary of Amazon.com, Inc.) (U.S.), Wipro Limited (India), Tata Consultancy Services Limited (India), Infosys Limited (India), AT&T Inc. (U.S.), CloudNow Technologies Pvt Ltd (India), and ISmile Technologies (U.S.)

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/cloud-managed-services-market-5485

Scope of the Report Cloud Managed Services Market, by Type

Cybersecurity Services

Cloud Security Services

Endpoint Security Services

Network Security Services

Application Security Services

Other Cybersecurity Services

Infrastructure Services

Business Services

Network Services

Network Monitoring & Management Services

Network Provisioning Services

Data Center Services

Data Storage, Backup & Disaster Recovery Services

Data Monitoring & Migration Services

Communication and Collaboration Services

Unified Communications as a Service

Managed VoIP Services

Mobility Services

Device Management Services

Application Management Services

Cloud Managed Services Market, by Deployment Mode

Public Cloud

Private Cloud

Hybrid Cloud

Cloud Managed Services Market, by Organization Size

Small & Medium-sized Enterprises

Large Enterprises

Cloud Managed Services Market, by Sector

IT & Telecommunications

BFSI

Retail & Consumer Goods

Healthcare & Life Sciences

Manufacturing

Government & Public Entities

Energy & Utility

Oil & Gas

Automotive

Other Sectors

Cloud Managed Services Market, by Geography

North America

U.S.

Canada

Asia-Pacific

China

Japan

India

South Korea

Rest of Asia-Pacific

Europe

Germany

U.K.

France

Italy

Spain

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

UAE

Israel

Rest of Middle East & Africa

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Contact: Mr. Khushal Bombe Meticulous Market Research Inc. 1267 Willis St, Ste 200 Redding, California, 96001, U.S. USA: +1-646-781-8004 Europe : +44-203-868-8738 APAC: +91 744-7780008 Email- [email protected] Visit Our Website: https://www.meticulousresearch.com/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Blog: https://meticulousblog.org/top-10-companies-in-the-cloud-managed-services-market/ Content Source: https://www.meticulousresearch.com/pressrelease/716/cloud-managed-services-market-2030

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freefartexpert · 1 year

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Telehealth Market Worth $539.73 Billion by 2029

Telehealth, often known as telemedicine, is a technique for remotely delivering healthcare services such as examinations and consultations over telecommunications infrastructure. Telehealth allows healthcare professionals to evaluate, diagnose, and treat patients without requiring an in-person visit.

In its latest publication on the telehealth market, Meticulous Research analyses that the global telehealth market is expected to grow at a CAGR of 21.6% from 2022 to 2029 to reach $539.73 billion.

The market is driven by the factors such as the increasing geriatric population, rising prevalence of chronic diseases, favorable government reforms and regulations, scarcity of healthcare professionals, and growing awareness of the benefits of telehealth. Furthermore, the utilization of artificial intelligence & virtual assistants, as well as the development of technologies such as telerobots, are likely to present significant opportunities for market growth.

However, a lack of adequate standards compared to conventional health systems and patient privacy & confidentiality concerns may limit the market’s growth. Furthermore, reluctance to migrate from conventional systems & occurrences of misdiagnosis and technological barriers in developing countries may prove challenging to the players operating in this market.

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To provide efficient analysis, Meticulous Research has segmented this market by component, application, end user, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

In 2022, based on component, the services segment is estimated to account for the largest share of the market due to the high utilization of telehealth services, including teleconsultation and telemonitoring, due to factors such as an increase in geriatric population, an increase in the prevalence of chronic diseases, and rise in the adoption and awareness about telehealth solutions. Some of the other factors driving the growth of this segment include increased access to specialist care, reduced expenses & healthcare costs, improved health outcomes, increased healthcare efficiencies, and increased doctor & patient satisfaction.

Based on application, the radiology & psychiatry applications are considered to have high penetration in the market. The adoption of telehealth services in psychiatry is rapidly growing due to the rising acceptance of telepsychiatry as an efficient and effective tool for improving access, quality, and efficiency in mental health treatment, a shortage of psychiatric primary care, and the outbreak of the COVID-19 pandemic.

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In 2022, based on end user, the healthcare providers segment is estimated to account for the largest share of the market due to an increase in the patient volume, a shortage of physicians, and increased adoption of telehealth by the healthcare providers owing to advantages such as better care outcomes, less hospital readmissions, patient satisfaction, and more profitable practices.

In 2022, North America is estimated to dominate the telehealth market, followed by Europe and Asia-Pacific. The high adoption of telehealth services by healthcare providers & patients, advanced IT infrastructure in the region, and increased focus on population health management & digital health are the factors contributing to the largest share of this region.

Key Players:

The report provides competitive intelligence in terms of financials, growth strategies, and geographical presence on some of the key players in this market, including Aerotel Medical Systems (1998) Ltd. (Israel), Cerner Corporation (U.S.), Medtronic Public Limited Company (Ireland), Koninklijke Philips N.V. (Netherlands), AMD Global Telemedicine, Inc. (U.S.), American Well Corporation (U.S.), Cisco Systems, Inc. (U.S.), Doctor On Demand, Inc. (U.S.), MDlive Inc. (U.S.), Siemens Healthineers AG (Germany), Teladoc Health, Inc. (U.S.), and Zipnosis, Inc. (U.S.).

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Key questions answered in the report-

Which are the high-growth market segments in terms of component, application, end user, and region/country?

What was the historical market for telehealth across the globe?

What are the market forecasts and estimates for the period 2022–2029?

What are the major drivers, restraints, opportunities, and challenges in the global telehealth market?

Who are the major players in the telehealth market?

How is the competitive landscape, and who are the market leaders in the global telehealth market?

What are the recent developments in the global telehealth market?

What are the different strategies adopted by the major players in the global telehealth market?

What are the geographical trends and high-growth regions/countries?

Author: Mr. Khushal Bombe Meticulous Market Research Inc. 1267 Willis St, Ste 200 Redding, California, 96001, U.S. USA: +1-646-781-8004 Visit Our Website: https://www.meticulousresearch.com/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

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freefartexpert · 1 year

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Artificial Intelligence in Retail Market by Offering, Application (Predictive Merchandizing, Programmatic Advertising), Learning Technology (Machine Learning, Computer Vision), and Geography - Global Forecast to 2030

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freefartexpert · 1 year

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AI in Retail Market to Be Worth $57.8 Billion by 2030 - Exclusive Report by Meticulous Research®

According to a new market research report titled, ‘Artificial Intelligence in Retail Market by Offering, Application (Predictive Merchandizing, Programmatic Advertising), Learning Technology (Machine Learning, Computer Vision), and Geography - Global Forecast to 2030,’ the AI in retail market is projected to reach $57.8 billion by 2030, at a CAGR of 41% from 2023 to 2030.

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Artificial intelligence in retail can gather and analyze massive amounts of data, helping companies create personalized shopping experiences for customers via recommendation engines, highly structured web shops, intelligent in-store bots, and chatbots. These solutions also assist retailers in supply chain optimization, price optimization, and market forecasting. The implementation of artificial intelligence in the retail industry is transforming the traditional retail experience and taking it to the next level with automation, personalization, and increased productivity of retail operations.

The growth of this market is driven by factors such as growing awareness about AI and big data & analytics and the need to enhance end-user experience and improve productivity. However, the lack of infrastructure and the impact of COVID-19 may hinder the growth of this market to a certain extent. The growing number of smartphones is expected to create growth opportunities for the players operating in this market. However, the reluctance toward AI implementation among small vendors is a major challenge for market growth.

The Impact of COVID-19 on the AI in Retail Market

The COVID-19 pandemic highlighted the significance of online shopping channels, with consumers considering online platforms as their primary shopping channel. This has given retailers and consumer goods organizations a great opportunity to undertake sustainability initiatives that integrate with their digital presence. Therefore, retailers are using e-commerce platforms and online marketplaces to capitalize on this changing trend. For instance, Yonghui supermarkets provide online recommendations to help consumers choose combinations of fresh produce rather than select items individually, resulting in improved fulfillment rates and better customer experiences. In April 2020, India-based brick-and-mortar store Spencer’s Retail partnered with the online marketplace Flipkart. Similarly, in 2020, UK-based Morrisons Company announced a partnership with the food-delivery platform Deliveroo.

Owing to increased customer preference for online retail, organizations working in the retail segment are progressively adopting AI solutions to improve the efficiency and productivity of operations. Retailers are using online platforms for personalized and improved customer engagement, inventory management, supply chain management, programmatic advertising, smart recommendations, and chatbots, among others. AI also allows retail organizations to scale up capabilities, such as voice commerce, to strengthen engagement.

To provide efficient analysis, Meticulous Research® has segmented this market based on offering (solutions and services), application (predictive merchandising, programmatic advertising, in-store visual monitoring & surveillance, market forecasting, location-based marketing), learning technology (machine learning, natural language processing, computer vision), type (online retail, offline retail), end-user (food & groceries, health & wellness, automotive, electronics & white goods, fashion & clothing, cosmetics & personal care products, general utility products, others) deployment (cloud, on-premise), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on offering, the solutions segment is expected to account for the largest share of the artificial intelligence in retail market in 2023. Innovative retailers are using AI-powered solutions to drive the next wave of the smart retail sector. With chatbots, customer behavior tracking, customer relationship management (CRM), inventory management, price optimization, recommendation engines, supply chain management, and visual search, retailers are improving margins and delivering better customer experiences.

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Based on application, the predictive merchandising segment is expected to account for the largest share of the artificial intelligence in retail market in 2023. Predictive merchandising is becoming increasingly necessary for retail companies as they seek proactive methods of harnessing new and extensive data sources in unique ways. This, in turn, is propelling the growth of the predictive merchandising segment.

Based on learning technology, the machine learning segment is expected to account for the largest share of the artificial intelligence in retail market in 2023. The segment’s large share is attributed to the capability of machine learning technologies to provide more efficient delivery based on past customer data and customer behavior, helping increase sales.

Based on type, the online retail segment is expected to account for the largest share of the artificial intelligence in retail market in 2023. The segment’s large share is attributed to increasing investments in online platforms and growing consumer preference for online shopping. AI in the online retail sector helps enhance the purchase decisions of customers, informs on the availability of alternative or new products, optimizes buying processes, identifies new markets, and automates workflows.

Based on end user, the food & groceries segment is expected to account for the largest share of the artificial intelligence in retail market in 2023. This is mainly due to the increasing customer preference for private-label brands and the growing supermarket shopping culture contributing to the growth of the food and grocery retail industry.

Based on deployment mode, the cloud-based deployment segment is expected to account for the largest share of the artificial intelligence in retail market in 2023. The segment’s large share is attributed to the greater flexibility that cloud-based AI in retail solutions offer to users in accessing and browsing products. The applications of retail cloud related to disaster recovery, CRM, discounts and promotions management, data analytics, and workforce management contribute to AI cloud deployments in the retail industry.

Based on geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the artificial intelligence in retail market in 2023. The large share of the North American market is attributed to increasing government initiatives and investments in AI technology and the presence of major tech players such as Microsoft, Google, and Intel in the region.

However, the Asia-Pacific region is expected to record the highest CAGR during the forecast period. Factors such as the presence of high-growth economies, growing adoption of AI-based solutions and services among retailers, increasing digitalization in the region, and improving connectivity infrastructure are expected to drive the growth of this regional market. In addition, the growing accessibility of IoT-enabled gadgets, rising disposable incomes, and favorable government initiatives in the region are also supporting the growth of this market in the APAC region.

The key players operating in the AI in retail market are Amazon.com, Inc. (U.S.), Google LLC (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), Nvidia Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Salesforce.com, Inc. (U.S.), and BloomReach, Inc. (U.S.).

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Scope of the Report

AI in Retail Market, by Offering

Solutions

Chatbots

Recommendation Engines

Customer Behavior Tracking

Visual Search

Customer Relationship Management

Price Optimization

Supply Chain Management

Inventory Management

Services

Managed Services

Professional Services

AI in Retail Market, by Application

Predictive Merchandising

Programmatic Advertising

Market Forecasting

In-store Visual Monitoring and Surveillance

Location-based Marketing

AI in Retail Market, by Learning Technology

Machine Learning

Natural Language Processing (NLP)

Computer Vision

AI in Retail Market, by Type

Online Retail

Offline Retail

AI in Retail Market, by End User

Fashion & Clothing

Food & Groceries

Electronics & White Goods

Health & Wellness

Automotive

Cosmetics & Personal Care Products

General Utility Products

Other End Users

AI in Retail Market, by Deployment Mode

Cloud-based Deployment

On-premise Deployment

AI in Retail Market, by Geography

North America

U.S.

Canada

Europe

Germany

U.K.

France

Italy

Spain

Rest of Europe

Asia-Pacific

China

Japan

India

Rest of Asia-Pacific

Latin America

Middle East & Africa

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Agriculture Drones Market by Offering (Hardware, Software), Payload (Less than 10 kg, 10 kg to 30 kg, More than 30 kg), Application (Precision Agriculture, Livestock Monitoring, Precision Fish Farming), and Geography - Global Forecast to 2030

#agriculture #drone technology

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Agriculture Drones Market to Reach $14.06 Billion by 2030 - Exclusive Report by Meticulous Research®

Meticulous Research®—a leading global market research company, published a research report titled, “Agriculture Drones Market by Offering (Hardware, Software), Payload (Less than 10 kg, 10 kg to 30 kg, More than 30 kg), Application (Precision Agriculture, Livestock Monitoring, Precision Fish Farming), and Geography - Global Forecast to 2030.” According to the report, the global agriculture drones market is projected to reach $14.06 billion by 2030, at a CAGR of 11.9% from 2023 to 2030. The growth of this market is attributed to the rising adoption of drones for smart farming in Asia-Pacific and Latin America, growth in venture funding for the development of agriculture drones, and integration of information and communication technologies (ICTs) in agriculture. However, the technical limitation of drones is restraining the market growth.

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The rising pressure on global food supply due to the growing global population and favorable government initiatives to promote automation in the agriculture sector are expected to create significant opportunities for this market. However, the high initial and maintenance cost of drones and a lack of technical knowledge among farmers are challenging the growth of this market.

The global agriculture drone market is segmented based on offering, payload, application, and geography. The study also evaluates industry competitors and analyses the regional and country-level markets.

The key players operating in the global agriculture drones market SZ DJI Technology Co., Ltd. (China), Parrot Drones SAS (France), PrecisionHawk, Inc. (U.S.), AeroVironment, Inc. (U.S.), AgEagle Aerial Systems Inc. (U.S.), American Robotics, Inc. (U.S.), Yamaha Motor Co., Ltd. (Japan), Sentera Inc. (U.S.), mdGroup Germany GmbH (Germany), GUANGZHOU XAG CO., LTD. (China), Atmos UAV B.V. (Netherlands), Marut Dronetech Private Limited (India), Israel Aerospace Industries Ltd. (Israel), DroneDeploy, Inc. (U.S.), and Garuda Aerospace Pvt Ltd (India).

Based on offering, the global agriculture drones market is segmented into hardware and software. In 2023, the hardware segment is expected to account for the larger share of the global agriculture drones market. However, the software segment is projected to register the highest CAGR during the forecast period. Developments in advanced drone software technology and the increasing demand for software for better data analysis in agriculture and analyzing data and image processing for surveying purposes in agriculture are the major factors driving the growth of this segment. The software segment is further classified into flight management software, data management software, drone mapping software, image processing software, and data analytics software.

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Based on payload, the global agriculture drones market is segmented into less than 10 kg, 10 kg to 30 kg, and more than 30 kg. In 2023, less than 10 kg is expected to account for the largest share of the global agriculture drones market. Heavy payload leads to a low flight range of drones, which restricts the growth of drones with a heavy payload. Small drones come with less payload capacity. Such small drones are used for field mapping, crop scouting and monitoring crop health. This increasing application of field mapping and crop health monitoring in agriculture to leverage data analytics capabilities for better decisions contributes to the large share of this segment. However, the 10 kg to 30 kg segment is projected to register the highest CAGR during the forecast period. This segment's growth is driven by the growing demand for variable-rate applications in precision agriculture, such as spraying and spreading fertilizer, agrochemicals, and seeds.

Based on application, the global agriculture drones market is segmented into precision agriculture, livestock monitoring, precision fish farming, and other applications. The precision agriculture segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by support from governments across the world to raise awareness about precision farming and the increased use of data to increase efficiency in agriculture and growing agricultural revenue. The precision agriculture segment comprises field mapping/surveying, crop health monitoring, crop spraying, and seed planting.

Based on geography, the global agriculture drones market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the agriculture drones market. The large share of this market is attributed to the growing demand for high-quality crops, the growing cost of labor, the increasing adoption of automation and advanced technologies in the agriculture sector, and supporting government initiatives for precision farming. However, The Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth in this market is primarily driven by the rapid growth in the population and surging food demand, accelerated economic growth of countries in the region, rising technological advancements in the agriculture sector, and government funding for precision farming.

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Report Scope:

Agriculture Drones Market, by Offering

Hardware

Rotary Blade

Fixed Wing

Hybrid

Software

Flight Management Software

Data Management Software

Drone Mapping Software

Image Processing Software

Data Analytics Software

Agriculture Drones Market Size & Trend Analysis, by Payload

Less than 10 kg

10 kg to 30 kg

More than 30 kg

Agriculture Drones Market Size & Trend Analysis, by Application

Precision Agriculture

Field Mapping/Surveying

Crop Health Monitoring

Crop Spraying

Seed Planting

Other Precision Agriculture Applications

Livestock Monitoring

Precision Fish Farming

Other Applications

Agriculture Drones Market Size & Trend Analysis, by Geography

North America

U.S.

Canada

Europe

U.K.

Germany

France

Italy

Spain

Rest of Europe

Asia-Pacific

China

India

Japan

Australia

Indonesia

Malaysia

Rest of Asia-Pacific

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Israel

Rest of Middle East & Africa

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#Agriculture DroneMarket #AgricultureDrones #AgricultureNews

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Internet of Things (IoT) in Healthcare Market to be Worth $312.7 Billion by 2030 - Exclusive Report by Meticulous Research®

According to a new market research report titled, ‘IoT in Healthcare Market by Component (Monitoring Devices (Glucose, Cardiac, Respiratory, Blood Pressure), Pacemaker, Ventilator, Infusion Pump}, Software), Application (Telehealth, Imaging, Operation Management), End User - Global Forecast to 2030’ published by Meticulous Research®, the IoT in healthcare market is projected to reach $312.7 billion by 2030, at a CAGR of 15% from 2023 to 2030.

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The healthcare industry is rapidly shifting from paper-based healthcare to digital healthcare technology. Effective use of IoT-enabled solutions in healthcare fulfils the need for better diagnosis and treatment, thereby reducing the cost of healthcare services. This digital approach is patient-centric and uses data from across the healthcare continuum to improve the patient experience and the population's health and reduce a load of chronic diseases in the population.

The increasing burden of chronic diseases, rising number of patients, growing geriatric population, technological advancements in the healthcare sector, and focus on digitalization in the healthcare industry are driving the IoT in healthcare market growth. The rising focus on telehealth and the growing adoption of IoT-enabled medical devices and sensors for effective treatment delivery provide market growth opportunities. However, patient data security concerns and issues related to data management and interoperability are creating challenges for the growth of this market to some extent. High implementation and ownership costs of IoT infrastructure and a lack of consumer awareness about healthcare IoT in emerging economies hinder the market growth.

Some of the key players in the IoT in healthcare market include Medtronic plc (U.S.), GE HealthCare Technologies Inc. (U.S.), Koninklijke Philips N.V., Philips (Netherlands), Siemens Healthineers (Germany), Abbot Laboratories (U.S.), Boston Scientific Corporation (U.S.), Honeywell Life Care Solutions (U.S.), BIOTRONIK SE & Co. KG (Germany), AgaMatrix, Inc. (U.S.), Securitas Healthcare, LLC. (U.S.), AliveCor (U.S.), iHealth Labs, Inc. (U.S.), Johnson & Johnson (U.S.), Baxter (U.S.), OMRON Healthcare, Inc. (Japan), Intel Corporation (U.S.), International Business Machines Corporation (U.S.), and Microsoft Corporation (U.S.).

Growing Focus on Telehealth to Offer Opportunities for Internet of Things (IoT) in Healthcare Market Growth

Telehealth uses communication technologies and digital information, such as smartphones and computers, to manage and access remote healthcare services. Many countries increasingly adopt telehealth in their healthcare services infrastructure. With IoT-based solutions, healthcare providers and patients can monitor their progress through the automated record of patients’ vitals and other health conditions. The data collection and remote connectivity of IoT technology make it perfect for expanding and enabling telemedicine services government bodies across the globe are also emphasizing the use of telehealth technologies, thus driving market growth. For instance, in February 2020 CDC issued a guideline to healthcare providers to adopt telehealth services to reduce the risk of COVID-19 spread. Additionally, the shortage of healthcare providers, the rising elderly population, the increasing burden of chronic diseases, and technological advancements in the healthcare sector provide market growth opportunities.

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IoT in Healthcare Market is segmented by Component (Medical Devices [by Type {Benchtop & Portable Medical Devices, Implantable Medical Devices, Wearable Medical Devices}, by Product {Imaging Systems, Monitoring Devices, Cardiovascular Devices, Patient Monitors, Ventilators, Infusion Pumps, Anesthesia Machines, Hearing Devices, Dialysis Machine, Other IoT-enabled Medical Devices}], Software [Data Collection and Analytics, Device Integration, Hospital Operation Management, Others], Services), Application (Telehealth/Telemedicine, Hospital Operations & Workflow Management, Inpatient Monitoring, Imaging, Other Applications), End User (Hospitals & Clinics, Home Care & Long-Term Care Centers, Health Insurance Companies, Personal Users, Other End Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

Based on component, the IoT in healthcare market is segmented into medical devices, software, and services. In 2023, the medical devices segment is expected to account for the largest share of the IoT in healthcare market. Wearable IoT medical devices and home monitoring systems provide clinicians with essential data about patients' vital signs, physical activity, and other health parameters. These parameters play an important role in remote patient monitoring. IoT-enabled medical devices act as a support system for healthcare providers as it eliminates the need for the physical presence of doctors. Moreover, the growing emphasis on patient care and safety, the need for patient data for accurate diagnosis, and consumer inclination toward medical devices for self-care drive the market.

Based on application, the IoT in healthcare market is segmented into telehealth/telemedicine, hospital operations & workflow management, inpatient monitoring, imaging, and other applications. In 2023, the telemedicine segment is expected to account for the largest share of the IoT in healthcare market. The largest share of the segment is attributed to the high adoption of telemedicine in healthcare services by many countries, increased accessibility to healthcare services in remote locations through telemedicine, and government initiatives for the adoption of telemedicine.

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IoT telemedicine can enable healthcare providers to remotely monitor patients' health status in real-time, allowing for early intervention and better management of chronic conditions. IoT-enabled remote patient monitoring solutions can include wearable devices that monitor vital signs, such as heart rate, blood pressure, and glucose levels, and send the data to healthcare providers for review.

Based on the end user, the IoT in healthcare market is segmented into hospitals & clinics, home care & long-term care centers, health insurance companies, personal users, and other end users. The home care & long-term care centers segment is projected to register the highest CAGR during the forecast period. People suffering from chronic diseases prefer home care & long-term care over hospitals and clinics owing to the comfort and convenience of patients in home care, less cost, and faster recovery. This is expected to drive the market. IoT-enabled medical devices in care centers help patients and healthcare providers monitor health in real time for treatment planning and tracking patients' health conditions.

Based on geography, the IoT in healthcare market is segmented into North America, Europe, Asia-pacific, Latin America, and the Middle East & Africa. Asia-Pacific is projected to register for the highest CAGR over the forecast period. The growth of this market is attributed to the fast-growing healthcare industry, efforts to digitalize the healthcare infrastructure in India, China, and other emerging economies, investments & reforms to modernize China’s healthcare infrastructure, and the need to manage the burden of chronic diseases.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/healthcare-iot-market-4945

Scope of the Report:

IoT in Healthcare Market Assessment, by Component

Medical Devices

Medical Devices, by Type

Benchtop & Portable Medical Devices

Implantable Medical Devices

Wearable Medical Devices

Medical Devices, by Product

Imaging Systems

Monitoring Devices

Blood Glucose Monitoring Devices

Cardiac Monitoring Devices

Blood Pressure Monitoring Devices

Multiparameter Monitoring Devices

Respiratory Monitoring Devices

Fetal and Neonatal Monitoring Device

Neurological Monitoring Devices

Other Monitoring Devices (Oxygen Concentrator, Thermometer, and Weight Monitoring Devices)

Cardiovascular Devices

Implantable Cardioverter Defibrillators

Pacemakers

Patient Monitors

Ventilators

Infusion Pumps

Anesthesia Machines

Hearing Devices

Dialysis Machines

Other IoT-enabled Medical Devices

Note: Other monitoring devices include Oxygen Concentrator, Thermometer, and Weight Monitoring Devices

Note: Other IoT-enabled medical devices include sleep therapy devices, medical emergency response systems, hand hygiene monitors, posture and activity tracking systems, and connected inhalers.

Note: Consumer electronic devices such as smartwatches and fitness trackers are not considered under the scope of this study

Software

Data Collection and Analytics

Device Integration

Hospital Operation Management

Other Software

Services

Other software include medication management, hospital components management, and data and application security.

IoT in Healthcare Market Assessment, by Application

Telehealth/Telemedicine

Hospital Operations & Workflow Management

Inpatient Monitoring

Imaging

Other Applications

Other applications include Fitness and wellness Measurement, Predictive Device Maintenance, and Medication Management

IoT in Healthcare Market Assessment, by End User

Hospitals & Clinics

Home Care & Long-Term Care Centers

Health Insurance Companies

Personal Users

Other End Users

Other end users include academic & research institutes, defense, and government agencies.

IoT in Healthcare Market Assessment, by Geography

North America

U.S.

Canada

Europe

U.K.

Germany

France

Spain

Italy

Rest of Europe

Asia-Pacific

Japan

China

India

Rest of Asia-Pacific

Latin America

Middle East & Africa

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Irrigation Equipment Market Worth $10.01 Billion by 2029

Meticulous Research®—a leading global market research company, published a research report titled, ‘Irrigation Equipment Market by Type (Drip Irrigation, Sprinkler Irrigation, Pivot Irrigation), Product (Drip Emitter/Drippers, Tubing, Irrigation Valve, Filters, Sprinklers, Controllers), Application (Agricultural, Non-agricultural)—Global Forecast to 2029.’

According to this latest publication from Meticulous Research®, the global irrigation equipment market is slated to register a CAGR of 9.7% from 2022–2029 to reach $10.01 billion by 2029. The growth of the irrigation equipment market is driven by factors such as progressive government initiatives promoting water conservation, rising demand for irrigation equipment in lawns and gardens, and the growing adoption of modern agriculture techniques. However, the high cost of installation and declining farm income are expected to restrain the growth of this market to some extent.

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The irrigation equipment market is segmented by type (drip irrigation, sprinkler irrigation, pivot irrigation, furrow irrigation systems, and terraced irrigation), product (drip emitter/drippers, tubing, irrigation valve, filters, sprinklers, controllers, and others), application (agricultural {open-field agriculture [cereals & grains, oilseeds & pulses, fruits & vegetables, other crops], closed-field agriculture} and non-agricultural {golf and sports ground, residential, commercial, other non-agricultural applications), and geography. The study also evaluates industry competitors and analyzes the market at regional and country levels.

Based on type, in 2022, the drip irrigation segment is expected to account for the largest share of the global irrigation equipment market. The large market share of this segment is attributed to its rising innovation & automation in drip irrigation systems, adoption of new agriculture technologies, and low cost and water consumption ability.

Based on product, in 2022, the tubing segment is expected to account for the largest share of the global irrigation equipment market. The large market share of this segment is attributed to its easy installation and low cost. Also, the increasing adoption of drip tapes and lines made using recycled materials is expected to drive the demand for this segment.

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Based on application, the non-agricultural segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to factors such as the growing demand for improved sports grounds, rising use of irrigation systems for indoor and outdoor landscapes, and increasing implementation of irrigation systems by commercial property management companies, educational institutes, and public sector buildings and public offices management companies to keep a check on water consumption.

Based on geography, in 2022, North America is expected to account for the largest share of the irrigation equipment market. The large market share of this region is attributed to the high presence of key irrigation equipment manufacturers, well-established economies, and increased investment in research & development of irrigation equipment. Moreover, the availability of loans and subsidies propels the demand for irrigation equipment in the region. However, Asia-Pacific is slated to register the highest CAGR during the forecast period.

Key Players

The global irrigation equipment market is characterized by a moderately competitive scenario due to many large and small-sized global, regional, and local players. The key players operating in the global irrigation equipment market are Netafim Ltd. (Israel), Nelson Irrigation Corporation (U.S.), Jain Irrigation Systems Ltd. (India), T-L Irrigation Company (U.S.), Valmont Industries, Inc. (U.S.), Lindsay Corporation (U.S.), Rivulis Irrigation Ltd. (Israel), The Toro Company (U.S.), Rain Bird Corporation (U.S.), and Galcon (Israel).

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Key Questions Answered in the Report-

What is the current value of revenue generated by the global irrigation equipment market?

At what rate is the global irrigation equipment demand projected to grow for the next 5–7 years?

What are the historical market sizes and growth rates of the global irrigation equipment market?

What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market?

What are the impacts of the COVID-19 pandemic on the global irrigation equipment market?

Which segments in terms of type, product, and application create major traction for the manufacturers in this market?

What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the irrigation equipment market?

Who are the major players in the global irrigation equipment market? What are their specific product offerings in this market?

What are the recent strategic developments in the global irrigation equipment market? What are the impacts of these strategic developments on the market?

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Irrigation Equipment Market by Type (Drip Irrigation, Sprinkler Irrigation, Pivot Irrigation), Product (Drip Emitter/Drippers, Tubing, Irrigation Valve, Filters, Sprinklers, Controllers), Application (Agricultural, Non-agricultural) - Global Forecast to 2029

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Software-Defined Wide Area Network Market Worth $18.2 Billion by 2029

Meticulous Research®—a leading global market research company, published a research report titled, ‘Software-Defined Wide Area Network Market by Component, Organization Size, Deployment Mode, End User (Communication Service Providers, Data Centers, and Enterprises), and Geography—Global Forecast to 2029.’

According to this latest publication from Meticulous Research®, the global software-defined wide area network market is projected to reach $18.2 billion by 2029, at a CAGR of 23% from 2022 to 2029.

The growth of this market is driven by the increasing number of cloud solutions, the rising demand for internet broadband connections to replace more expensive solutions, the increasing demand for improved security, and the high demand for network agility and visibility.

However, the reliability issues in SD-WAN may restrain the market’s growth. The increasing proliferation of SD-WAN solutions to automate operations to simplify workflows and the rising demand for connecting data centers and multiple offices are expected to offer significant growth opportunities for the stakeholders in the software-defined wide area network market.

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Furthermore, the concerns over SD-WAN security and the lack of standards for software-defined networking are expected to pose challenges to the growth of the software-defined wide area network market.

The latest trends in the global software-defined wide area network market are the move to hybrid or multi-cloud environments, firewall as a service, and secure access service edge.

The global software-defined wide area network market is segmented by component (solutions [hardware, software], services [professional services, managed services]), organization size (large enterprises and small and medium-sized enterprises), deployment mode (on-premise deployment, and cloud-based deployment), and end user (communication service providers, data centers, and enterprises [IT & telecommunication, manufacturing, government & public sector, retail, BFSI, healthcare and life science, education, energy and utilities, media & entertainment, and other end users]). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on component, the global software-defined wide area network market is segmented into solutions and services. In 2022, the solutions segment is expected to account for the larger share of the global software-defined wide area network market. The large market share of this segment is attributed to the rising investments in R&D activities by prominent SD-WAN players to launch new SD-WAN solutions and the increasing demand for dynamic connectivity by communication service providers. Furthermore, the increasing need for a wide range of integrated security features, such as NGFW, IPS, encryption, and sandboxing capabilities that can help prevent data loss, downtime, regulatory violations, and legal liabilities drives the demand for SD-WAN solutions, subsequently driving the growth of the solutions segment.

However, the services segment is projected to register the highest CAGR during the forecast period due to the growing requirement for network integration functions, the increasing emphasis on the launch of SD-WAN professional services, the rising need for reducing manual IT operations, and the growing demand for SD-WAN services by several service providers.

Based on organization size, the global software-defined wide area network market is segmented into large enterprises and small and medium-sized enterprises. In 2022, the large enterprises segment is expected to account for the larger share of the global software-defined wide area network Market. The large market share of this segment is attributed to the rising demand for SD-WAN solutions by large telecommunication service providers and the increasing demand from large data centers and campus environments to solve challenges such as operational complexity, slow service delivery, and lack of visibility across both physical and virtual networks.

However, the small and medium-sized enterprises segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by factors such as the increasing demand to create an agile, secure, and efficient work environment and the growing demand for SD-WAN solutions from SMEs in the education, retail, healthcare, manufacturing, government, and manufacturing sectors to enable controlled network infrastructure.

Based on deployment mode, the global software-defined wide area network market is segmented into on-premise deployment and cloud-based deployment. In 2022, the on-premise deployment segment is expected to account for the larger share of the global SD-WAN Market. The large market share of this segment is attributed to the high acceptance rate of SD-WAN solutions among large enterprises, the rising demand for comprehensive security and control, increasing deployment of SD-WAN solutions across on-premise data centers, and the growing demand for custom configurations as per organizations’ requirements.

However, the cloud-based deployment segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by factors such as the rising need to manage complex network requirements, the need to reduce initial and working expenses for infrastructures, and heavy investments from enterprises to accelerate their SD-WAN infrastructure with cloud-based deployment.

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Based on end user, the global software-defined wide area network market is segmented into communication service providers, data centers, and enterprises. In 2022, the data centers segment is expected to account for the largest share of the global software-defined wide area network market. The large market share of this segment is attributed to the growing demand to automate routine workflows and processes of data centers, the growing need to reduce repetitive or mundane tasks and speed up processes and drive down overhead, and the increasing need to control the connectivity, management, and services between data centers, remote offices, and cloud resources.

However, the enterprises segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by factors such as the increasing demand for SD-WAN solutions that integrate with multiple vendors and environments, the rising demand for automated IT infrastructure across the BFSI sector, the rising demand for SD-WAN solutions from IT enterprises to connect disparate data and systems and free IT teams from manual workloads, and the growing need for consistent operation management across the manufacturing industry.

Based on geography, the global software-defined wide area network market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, North America is expected to account for the largest share of the global software-defined wide area network market. North America’s major market share is attributed to the well-established network infrastructure in the U.S. and Canada, the larger and more established sales force for SD-WAN solutions, service providers’ initiatives to promote network automation, and the increasing demand for data center and IT infrastructure automation through SD-WAN solutions. Furthermore, North America is technologically developed and heavily invests in technologies such as 5G, network security, radio access networks (RAN), and secure access, contributing to this regional market’s growth.

However, Asia-Pacific is projected to register the highest CAGR during the forecast period due to the rising demand for network automation solutions for reducing infrastructure and operational costs and the growing demand for SD-WAN solutions by mobile phone operators across emerging economies, such as China, Japan, and India.

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Key Players: The key players operating in the global software-defined wide area network market are Cisco Systems, Inc.(U.S.), VMware, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Nokia Corporation (Finland), Hewlett Packard Enterprise Development LP (U.S.), Tata Communications (India), Huawei Technologies Co., Ltd.(China), Fortinet Inc. (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), NEC Corporation (Japan), Oracle Corporation (U.S.), Adaptiv Networks Inc. (Canada), Riverbed Technology Inc. (U.S.), Silver Peak Systems Inc. (U.S.), and Aryaka Networks Inc. (U.S.).

Key questions answered in the report:

Which are the high-growth market segments in terms of component, organization size, deployment mode, and end user?

What is the historical market size for software-defined wide area network across the globe?

What are the market forecasts and estimates for 2022–2029?

What are the major drivers, restraints, opportunities, challenges, and trends in the global software-defined wide area network market?

Who are the major players in the global software-defined wide area network market, and what are their market shares?

How is the competitive landscape?

What are the recent developments in the global SD-WAN market?

What are the different strategies adopted by the major players in the market?

What are the geographic trends and high-growth countries?

Who are the local emerging players in the global software-defined wide area network market, and how do they compete with other players?

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freefartexpert · 1 year

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The Enzymes Market is projected to reach $18.38 billion by 2029, at a CAGR of 6.2% during the forecast period 2022-2029

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freefartexpert · 1 year

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Enzymes Market Worth $18.38 billion by 2029

Meticulous Research®—a leading global market research company, published a research report titled ‘Enzymes Market by Product Type (Industrial Enzymes, Specialty Enzymes), Source (Microorganism, Plant, Animal), Type (Carbohydrases, Protease, Lipase), Form, Application (Food & Beverages, Personal & Household Care, Animal Feed) – Forecast to 2029’.

According to this latest publication from Meticulous Research®, in terms of value, the enzymes market is projected to reach $18.38 billion by 2029, at a CAGR of 6.2% from 2022–2029. The key factors driving the growth in this market are the advancements in enzyme engineering & green chemistry, the introduction of genetically-engineered enzymes, the growing environmental concerns driving the demand for biofuel, the increasing investments in R&D activities in the enzymes sector, the rising prevalence of chronic ailments, and the need for cost reduction and resource optimization in production processes. However, stringent regulations and restricted temperature & pH levels of enzymes are expected to restrain the growth of this market.

The enzymes market is segmented based on product type (industrial enzymes and specialty enzymes), source (microorganism, animal, and plant), type (carbohydrases, protease, lipase, polymerases & nucleases, and other enzymes), form (liquid and solid), and application (food & beverages, personal & household care, biofuel, animal feed, pharmaceuticals & diagnostics, textiles, and other applications). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on product type, in 2022, the industrial enzymes segment is expected to account for the largest share of the enzymes market. The large market share of this segment is mainly attributed to the rising environmental concerns and growing demand for biofuels, the growing demand from various industries such as food & beverage, animal feed, personal & household care, and textiles, and the increase in R&D activities and investments in the enzymes sector.

Based on source, the plant segment is projected to register the fastest growth rate during the forecast period of 2022–2029. The growth of this segment is attributed to the easy availability and convenience of plant sources, the growing demand for proteases such as papain, ficin, and bromelain, the increasing usage of plant-based enzymes in various industries, including food & beverages, personal & household care, and pharmaceuticals, and the benefits offered by plant-based enzymes in digestive health and their fat absorption & antibacterial properties.

Based on type, in 2022, the carbohydrases segment is expected to account for the largest share of the enzymes market. The large market share of this segment is mainly attributed to their high thermal stability and the increasing application in the food & beverage sector, such as in the production of fructose syrup, hydrolysis of sucrose, and reducing lactose in milk and the biofuel industry due to its cost-effectiveness.

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Based on form, the solid segment is projected to register the faster growth rate during the forecast period of 2022–2029. The growth of this segment is attributed to the higher demand for solid enzymes due to their benefits, such as stability & high shelf life and ease of handling, transportation, and storage.

Based on application, in 2022, the food & beverages segment is expected to account for the largest share of the enzymes market. The large market share of this segment is mainly attributed to the increasing health consciousness among consumers driving the demand for clean & natural food products, the high demand for processed food products, changing dietary habits, and the increased application of enzymes in beverages.

This research report also analyzes major geographies and provides a comprehensive analysis of the market in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is slated to register the highest CAGR during the forecast period. The rapid growth of this regional market is attributed to the shift of manufacturing from North America & Europe to the Asia-Pacific region and the rise in the demand for food enzymes from food manufacturers. Furthermore, the increasing technological advancements in the food & beverages and pharmaceutical industries, rapid industrialization & economic growth, and wide availability of raw materials are the key factors propelling the growth of this market.

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Key Players

The key players operating in the enzymes market include AB Enzymes GmbH (Germany), Advanced Enzyme Technologies Limited (India), Amano Enzyme Inc. (Japan), Aum Enzymes (India), BASF SE (Germany), Biocatalysts Limited (A Part of Brain Biotech AG) (U.K.), Chr. Hansen Holding A/S (Denmark), Codexis, Inc. (U.S.), Enzyme Development Corporation (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), International Flavors & Fragrances Inc. (IFF) (U.S.), Kerry Group plc (Ireland), Koninklijke DSM N.V. (Netherlands), Merck KGaA (Germany), Novozymes A/S (Denmark), Novus International, Inc. (A Part of Mitsui & Co., Ltd.) (U.S.), and Sanofi (France).

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of product type, source, type, form, application, and region/country?

What was the historical market size for enzymes across the globe?

What are the market forecasts and estimates for 2022–2029?

What are the major drivers, restraints, opportunities, and trends in the enzymes market?

Who are the major players in the enzymes market?

How is the competitive landscape, and who are the market leaders in the enzymes market?

What are the recent developments in the enzymes market?

What are the geographical trends and high-growth regions/countries?

Who are the local emerging players in the enzymes market, and how do they compete with the global players?

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freefartexpert · 1 year

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The Hair Care Market is projected to reach $ 121.08 billion by 2030, at a CAGR of 4.1% from 2023 to 2030

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freefartexpert · 1 year

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Hair Care Market Worth $121.08 Billion by 2030 – Exclusive Report by Meticulous Research®

According to a new market research report titled, ‘Hair Care Market by Product [Shampoo, Conditioner, Oil, Color, Serum, Styling Products (Wax, Spray, Gel)], Type [Organic, Synthetic], Distribution Channel [Supermarket, Pharmacies, Salon, Online], End User [Male, Female, Kids] – Global Forecast to 2030,’ published by Meticulous Research®, the hair care market is projected to reach $ 121.08 billion by 2030, at a CAGR of 4.1% from 2023 to 2030.

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Hair care products are designed for maintaining hair in the desired and controlled manner. These include hair sprays, oils & serums, conditioners, shampoos, and tonics. Hair care products help customers reduce dandruff, treat itchy and dry scalp, strengthen hair, and reduce hair loss or hair fall to stimulate hair growth and give new life to dull hair. The growth of the hair care market is driven by the growing demand for organic hair care products, increasing spending on beauty and personal products, rising hair-related problems, and growing demand for cosmetology services for hair care. In addition, the growing penetration of e-commerce and increasing focus on hair styling in

The hair care market is segmented by Product (Shampoos, Conditioners, Hair Oils, Hair Colors, Hair Serums, Hair Styling Products [Hair Wax, Hair Sprays, Hair Styling Gels, Other Hair Styling products] and Other Hair Products), Type (Organic, Synthetic), Distribution Channel (Supermarkets & Hypermarkets, Pharmacies, Beauty Salons, Online Stores), End-User (Males, Females, Kids); and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

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Based on product type, the hair care market is segmented into shampoos, conditioners, hair oils, hair colors, hair serums, and hair styling products. In 2023, the shampoos segment is expected to account for the largest share of the hair care market. The large market share of this segment is attributed to the high prevalence of hair-related problems such as hair loss, heat-damaged hair, dandruff, and oil/greasy hair. Furthermore, shampoos help reduce hair loss, boost hair regrowth, increase volume & thickness, and control other common hair problems.

Based on type, the hair care market is segmented into organic & synthetic. The organic segment is projected to register the highest CAGR over the forecast period. The growth of this segment is attributed to the rising demand for organic hair care products and high spending on organic products. Organic hair care products are free from harsh chemicals and are safer for the scalp & hair.

Based on distribution channel, the hair care market is segmented into supermarkets & hypermarkets, pharmacies, beauty salons, online stores, and other distribution channels. In 2023, the supermarkets & hypermarkets segment is expected to account for the largest share of the hair care market. The large market share of this segment is attributed to the availability of a variety of products at lower prices under one roof.

Based on end user, the hair care market is segmented into females, males, and kids. In 2023, the females segment is expected to account for the largest share of the hair care market. The large market share of this segment is attributed to the availability of hair care products specifically designed for women, increasing hair styling trends, and the high focus of women on hair care compared to other demographic groups.

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Based on geography, the hair care market is segmented into North America, Europe, Asia-pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the hair care market. The large share of this market is attributed to the strong penetration of hair products, large user base, and high spending on hair care.

Some of the key companies operating in the hair care market are L’Oréal S.A. (France), The Procter & Gamble Company (U.S.), Kao Corporation (Japan), Unilever PLC (U.K.), Shiseido Company, Limited (Japan), Johnson & Johnson Services, Inc. (New Jersey), Avon Products, Inc. (U.K.), Revlon Consumer Products Corporation (U.S.), Beiersdorf AG (Germany), Henkel AG & Co. KGaA (Germany), Natura &Co Holding S.A. (Brazil), Aveda Corporation (U.S.), and Oriflame Cosmetics S.A. (Switzerland).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/hair-care-market-5423

Scope of the Report:

Hair Care Market, by Product

Shampoos

Conditioners

Hair Oils

Hair Colors

Hair Serums

Hair Styling Products

Hair Wax

Hair Sprays

Hair Styling Gels

Other Hair Styling Products

Other Hair Products

(Note: Other hair styling products include creams, clays, and mousse) (Note: Other hair products include masks, volumizers, and lotion & tonics) Hair Care Market, by Type

Organic

Synthetic

Hair Care Market, by Distribution Channel

Supermarkets & Hypermarkets

Pharmacies

Beauty Salons

Online Stores

Other distribution channels

(Note: Other distribution channels include departmental stores, mono-brand stores, and mass merchandisers) Hair Care Market, by End User

Females

Males

Kids

Hair Care Market, by Geography

North America

U.S.

Canada

Europe

U.K.

Germany

France

Italy

Spain

Rest of Europe

Asia-Pacific

China

Japan

India

Rest of Asia-Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

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