#COVID-19 Impacts On 5G System Integration Market

[market-insider]

5G Systems Integration Market Driven By Increase Investments In U.S., China, And Japan

The global 5G systems integration market size is estimated to reach USD 62.69 billion by 2030, registering a CAGR of 27.3% from 2022 to 2030, according to a new study by Grand View Research, Inc. Robust increase in the investments to deploy 5G network infrastructures across key countries, such as U.S., China, and Japan, has created the demand for integrating entire fifth generation infrastructure and applications across enterprises. This process will help enterprises to work as a centralized platform that will assist in reducing overall complexity. Thus, robust investments in building fifth-generation infrastructure, coupled with the growing need to set up a 5G-enabled ecosystem, are estimated to propel market growth.

Rapidly building smart cities have surged the adoption of numerous Internet of Things (IoT) devices across the globe. IoT devices require enhanced bandwidth to function appropriately. Thus, in order to provide high-speed broadband by supporting fifth-generation New Radio (NR), such as sub-6GHz and mmWave frequency bands, the entire infrastructure across these smart cities need to be upgraded in line with supporting fifth-generation radio network. Therefore, it is further estimated to boost the market growth from 2022 to 2030.

Gain deeper insights on the market and receive your free copy with TOC now @: 5G Systems Integration Market Report

Moreover, with the evolution of industry 4.0, the adoption of industrial sensors and collaborative robots is gaining popularity in the manufacturing sector across the globe. Therefore, to deliver seamless network connectivity to these above-mentioned devices, it is anticipated to raise the demand for 5G system integration services to make entire manufacturing facilities compatible with supporting next-generation 5G NR.

Rapidly rising digital transformation has disrupted the entire operation of the manufacturing industry. This has increased the trend of the machine-to-machine (M2M) communications to increase overall productivity as well as streamline the whole process. As a result, this has further expanded the need for high broadband to deliver uninterrupted connectivity to industrial sensors and robots. Therefore, the growing need for high broadband connectivity to establish seamless communication between machines is expected to elevate the demand for 5G system integration services in the next few years.

Furthermore, with the emergence of new technologies, such as network slicing and software-defined networking (SDN), the adoption of 5G system integration will witness a rapid surge to reduce overall enterprise infrastructure costs. Moreover, highly trained professionals must implement and manage the fifth-generation system integration services. This is anticipated to hinder market growth over the forecast period.

#5G System Integration Market Size & Share #Global 5G System Integration Market #5G System Integration Market Latest Trends #5G System Integration Market Growth Forecast #COVID-19 Impacts On 5G System Integration Market #5G System Integration Market Revenue Value

[jayanthitbrc]

Accelerating Growth: Base Station Antenna Market Set to Reach $14.75 Billion by 2028 with a Remarkable CAGR of 14.9%

Overview and Scope The base station antenna is used as a connection point for a wireless device to communicate. These antennas are base stations mounted on the towers to provide cellular connectivity to users. These antennas are used to cover single-frequency bands or multiple-frequency bands. Sizing and Forecast The base station antenna market size has grown rapidly in recent years. It will grow from $7.33 billion in 2023 to $8.46 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%.  The  growth in the historic period can be attributed to expansion of mobile networks, increased mobile data usage, rise in smartphone penetration, network upgrades and modernization, introduction of carrier aggregation, globalization of mobile services, focus on rural connectivity, demand for high-speed connectivity.. The base station antenna market size is expected to see rapid growth in the next few years. It will grow to $14.75 billion in 2028 at a compound annual growth rate (CAGR) of 14.9%.  The growth in the forecast period can be attributed to demand for indoor connectivity solutions, edge computing integration, focus on energy-efficient solutions, demand for smart antenna systems, urbanization and smart city initiatives, advanced antenna beamforming techniques, focus on network security. To access more details regarding this report, visit the link: https://www.thebusinessresearchcompany.com/report/base-station-antenna-global-market-report Segmentation & Regional Insights The base station antenna market covered in this report is segmented – 1) By Type: Omni Antenna, Dipole Antenna, Multibeam Antenna, Small Cell, Other Types 2) By Technology: 3G, 4G or LTE, 5G 3) By Application: Mobile Communication, Intelligent Transport, Industrial, Smart City, Military and Defense, Other Applications Asia-Pacific was the largest region in the base station antenna market in 2023.  North America was the second largest region in the base station antenna market analysis. The regions covered in the base station antenna market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=8576&type=smp Major Driver Impacting Market Growth The increasing usage of mobile devices will boost the demand for base station antenna. The demand and usage for mobile devices are increasing to access the internet and stay connected virtually. Base station antenna provides cellular connectivity to users for their mobile devices. Key Industry Players Major companies operating in the base station antenna market report are CommScope Holding Company Inc., Amphenol Corporation, Ace Technologies Corporation, Comba Telecom, Huawei Technologies Co. Ltd., Rosenberger Hochfrequenztechnik GmbH & Co. KG, The base station antenna market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: [phone] Asia: [phone] Americas: [phone] Email: [email protected] Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

[chemicalresearchupdates]

District Heating Market: Regulatory Framework and Impact Analysis

The global district heating market is estimated to be valued at US$ 50.8 Bn in 2024 and is expected to exhibit a CAGR of 1.5% over the forecast period 2023 to 2030. District heating, also known as teleheating, involves the distribution of steam, hot water or hot air to multiple buildings in a designated area for space or water heating purposes. District heating plants produce steam or hot water at a centralized location and deliver it through a system of insulated pipes in order to supply space heating and hot water to residential and commercial buildings in the area. It is an efficient way of sourcing heat for communities as it reduces infrastructure costs involved in individual heating systems. Rising awareness about carbon footprint reduction and the need for sustainable heating solutions have boosted the adoption of district heating across both developed and developing economies. Key Takeaways Key players operating in the district heating market are Vattenfall AB, SP Group, Danfoss Group, Engie, NRG Energy Inc., Statkraft AS, Logstor AS, Shinryo Corporation, Vital Energi Ltd, Göteborg Energi, Alfa Laval AB, Ramboll Group AS, Keppel Corporation Limited, FVB Energy. Vattenfall AB and SP Group collectively account for over 30% share of the global market. Growing focus on reducing carbon emissions from the building sector has significantly boosted the demand for district heating systems. Stringent regulations pertaining to energy efficiency and use of renewable energy are encouraging utilities as well as commercial and residential complexes to adopt district heating. Technological advancements such as integration of IoT capabilities and advanced sensing equipment in district heating systems allow for improved monitoring and control of the entire network. This has enhanced the operational efficiency and reliability of district heating infrastructure. Use of 4G/5G based communication technologies is also enabling utilities to implement predictive analytics for predictive maintenance. Market Trends Use of renewable and waste heat sources: Growing focus on utilizing renewable and untapped waste heat sources like solar thermal, geothermal, biomass and industrial waste heat for district heating applications presents significant opportunities. Countries like Denmark have successfully demonstrated the potential of renewable district heating. Digitalization of infrastructure: Integration of sensors, IoT, cloud computing, data analytics and automation enables utilities to remotely monitor heat networks and optimize operations. This helps improve efficiency, flexibility and reliability of district heating services. Ongoing development of advanced smart grids supports the use of smart technologies. Market Opportunities Combined heat and power (CHP) plants: Widening scope of cogeneration/CHP technology enables further recovery of waste heat from power generation for district heating. It provides an environment-friendly and cost-effective option for utilities. Renovation of aging infrastructure: As a significant part of the installed district heating systems in Europe and North America is approaching end of life, renovation and modernization of existing pipelines and equipment provides lucrative opportunities. Impact of COVID-19 on the District Heating Market The COVID-19 pandemic has adversely impacted the growth of the district heating market globally. During the outbreak, commercial and industrial activities came to a halt which lowered the demand for district heating from these sectors. This led to a substantial decline in sales revenue for district heating companies in 2020. Many planned projects were deferred or delayed due to supply chain disruptions and halted construction activities during the peak pandemic phase.

#District Heating Market #District Heating Market Trends #District Heating Market Growth

[iruchakalyan]

Global 5G Technology Market : Growth and Analysis ,Forecast 2023 to 2032 by Product Revenue and Type.

The Global 5G Technology Market was valued at USD 139.5 Billion in 2023 and is estimated to reach USD1780.60 Billion by 2030, growing at a CAGR of 40.9 % from 2023 to 2030.  

Scope of the market:

A 5th-generation technology for digital cellular wireless networks that offers faster speed, reliable connection, and increased network capacity. 5G service technology supports 5G applications like Augmented reality(AR), virtual reality(VR), Internet of Things (IoT), and many more.5G networks have faster speed as compared to previous networks like 4G, providing super-fast data transmission. For instance, augmented reality will enhance the wearable technology that will be integrated with the person’s daily life due to its speed. 5G will also help in improving the safety and security in smart cities. For example, tracking car accidents, real-time video recording, and terrorist attacks can automatically send signals or warn security to take a step ahead. For CCTV systems as well 5 G-enabled equipment will be able to receive the updates wirelessly and can also link various devices simultaneously.

5G technology in the future will demand more gadgets and increasing demand for smartphones will expand this market growth. The 5G mobile services market revenue is expected to generate 845 billion dollars by 2033. Moreover, post-Covid, people are more reliable on faster network speed which has developed a demand for high-speed connectivity.

Moreover, laptop manufacturers are enabling the 5 G inbuilt as the primary need for coming generations. Additionally, chipmaker Intel has offered new 5G solution 5000 modems in laptops from Asus, Acer, and HP covering most of the models.

According to Ericsson, 5G subscriptions will tremendously expand in the year 2020 to 2027, to almost acquiring 4 billion subscriptions. Countries like India, Bhutan Nepal, and East Asia will be highly capturing subscriptions.

Economic Impact of Covid-19:

The analysis of the COVID-19 recovery trajectory provides an overview of the main strategies that industries are implementing to respond to and recover from the economic crisis. It alsofocuses on the post-pandemic and pre-pandemic era of the Global 5G Technology Market through PEST analysis, SWOT, Quantitative and Qualitative analysis, Attractive analysis, and DROs.

Key Players:

Qualcomm Technologies Inc,

Samsung Group

MediaTek Inc,

ZTE Corporation

Accenture Plc

Dell Technologies Inc.

HCL Technologies Ltd.

Viavi Solutions Inc.

Fujitsu Ltd

Cisco Systems Inc.

Intel Corp.

Deutsche Telekom AG

T Mobile US Inc.

Siemens AG

Telstra Ltd.

Recent Developments in Global 5G Technology Market.

In 2023, Qualcomm Technologies, a leader in 3G, 4G, and 5G is now driving the technology evolution for 5G Advanced in Release 18. This 5G advance will support new devices, services, spectrum, and deployments. 5G is predicted to power the digital economy and will enable up to 13.1T $ globally by 2035. The connected intelligent edge will deliver better privacy and lower latency.

Snapdragon, X70 has introduced the world's first 5G AI processor in a 5G Modem-RF system, a breakthrough 5G performance.

In 2023, MediaTek and Samsung Electronics Co Ltd completed the successful testing of 5G standalone Uplink (UL) 2CC carrier aggregation with C-band UL MIMO to reach the top uplink which is the best achievement on wireless mobile capabilities. The demand for uplink performance is increasing due to factors like live streaming, video conference, and multi-player gaming.

With over 50 million 5G consumers reliance Jio has led the 5G adoption in India.

Know More- https://nexbindinsight.com/information-and-communications-technology/global-g-technology-market

#5G Technology Market

[sudeepkedar]

Telecom Billing and Revenue Management Market to surpass USD 30.8 Bn by 2032

Telecom billing and revenue management market size is expected to grow at over 9% CAGR from 2023 to 2032. The increasing demand for innovative telecom services, such as 5G, IoT, and VoIP is spiraling the adoption of more sophisticated billing and revenue management solutions to handle complex pricing models. The surge in data usage and mobile subscribers is further driving the need for streamlined revenue assurance and fraud detection mechanisms.

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Additionally, the rising regulatory compliance requirements and the quest for operational efficiency are compelling telecom companies to adopt advanced billing and revenue management solutions. For instance, in September 2022, Amdocs unveiled Amdocs Charging, a pioneering solution to merge industry-leading charging and business support systems to facilitate the convergent monetization of emerging services within standalone 5G and beyond networks. The growing integration of AI and machine learning for personalized billing and customer experience will also drive the industry expansion.

The telecom billing and revenue management market is segregated based on component, deployment model, operator, and region.

Based on component, the industry value from the service segment is projected to increase at robust pace by 2032, driven by the increasing competition and the higher availability of complex pricing models. The growing obligation for enhanced customer experience and billing accuracy will also favor the segment growth.

Based on deployment model, the telecom billing and revenue management market revenue share from cloud deployment segment is estimated to reach significant value by 2032. The growth can be attributed to advantages, such as the scalability, cost-efficiency, and rapid deployment offered by cloud models. In addition, the ability to adapt to evolving market dynamics will contribute to the segment expansion.

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Regionally, the Asia Pacific telecom billing and revenue management industry will witness commendable CAGR by 2032. This is owing to the rapid mobile adoption, and the higher proliferation of 5G networks. The growing need for revenue optimization will also spur regional market growth.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    Telecom billing and revenue management market 360º synopsis, 2018 - 2032

2.2    Business trends

2.2.1    Total Addressable Market (TAM), 2023-2032

2.3    Regional trends

2.4    Component trends

2.5    Deployment model trends

2.6    Operator trends

Chapter 3   Telecom Billing and Revenue Management Market Industry Insights

3.1    Impact on COVID-19

3.2    Russia- Ukraine war impact

3.3    Industry ecosystem analysis

3.4    Vendor matrix

3.5    Profit margin analysis

3.6    Technology & innovation landscape

3.7    Patent analysis

3.8    Key news and initiatives

3.8.1    Acquisitions & mergers

3.8.2    Partnerships & collaboration

3.8.3    Product launches

3.9    Regulatory landscape

3.10    Impact forces

3.10.1    Growth drivers

3.10.1.1    Rising demand for advanced telecom services

3.10.1.2    Increasing investment in development of telecom infrastructure

3.10.1.3    Growing digital transformation initiatives

3.10.1.4    Increasing adoption of 5G technology in North America

3.10.2    Industry pitfalls & challenges

3.10.2.1    Complexity of diverse service offerings and pricing plans.

3.11    Growth potential analysis

3.12    Porter’s analysis

3.13    PESTEL analysis

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:

Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: [phone] USA: [phone] Europe: [phone] APAC: [phone] Email: [email protected] 

[oliviadlima]

In-Depth Analysis of Network Management Market Analysis by Top Key Players

According to a new report published by Allied Market Research, titled, “Network Management Market, by Component (Hardware, Software, Service), by Deployment Mode (On-premise, Cloud), by Network Type (LAN, MAN, WAN), by Organization Size (Large Enterprises, Small and Medium-sized Enterprises), by Industry Vertical (BFSI, Manufacturing, Retail, Healthcare, IT and Telecom, Others): Global Opportunity Analysis and Industry Forecast, 2023–2032” The network management market was valued at $9.5 billion in 2022, and is estimated to reach $25.3 billion by 2032, growing at a CAGR of 10.6% from 2023 to 2032.

Network management is the procedure of administering, managing and working a data network using a network management system. Current network management systems use software and hardware to constantly collect and analyses data and push out configuration changes for increase in performance, reliability, and security. It involves configuring monitoring and possibly reconfiguring components in a network with the goal of providing optimal performance, minimum downtime, proper security, accountability, and flexibility. An effective network management program can identify and respond to cyber threats before they spread and impact user experience. Network management ensures best practice standards and compliance with regulatory requirements. Better network security enhances network privacy and provides users reassurance that they can use their devices freely. For instance, in June 2023, Nokia Corporation launched the Pandion Multiband Remote Radio Heads and Shikra outdoor and indoor small cells, 5G-Advanced baseband control card Ponente, new baseband capacity card Levante and Lodos, as well as intelligent network management and optimization solutions range “MantaRay”. This development is expected to help telecom operators to meet their sustainability goals.

On the basis of component, the global network management market share was dominated by the hardware segment in 2022 and is expected to maintain its dominance in the upcoming years. Network hardware helps to establish an effective mode of communication, thereby improving business standards. It also promotes multiprocessing and enables sharing of resources, information, and software with ease. However, the service segment is expected to witness the highest growth during the forecast period. As service segment help to deploy and integrate distinct solutions in an enterprise ecosystem is expected to provide lucrative opportunities for the market growth. Furthermore, services play a vital role in the network management market, as they focus on meeting client requirements, including reduced cost and enhanced software performance.

By region, North America dominated the market share in 2022 for the network management industry. North America is home to numerous technology giants, contributing to the development and production of cutting-edge network management, and security solutions. In addition, factors such as the growth of remote work and the surge in online services have fueled the demand for reliable, high-performance network management industry in the region. However, Asia-Pacific is expected to exhibit the highest growth during the forecast period. Factors such as rapid proliferation of 4G, 5G in developing countries of Asia-Pacific, increase in subscriber base, favorable government policies and regulations, and demand for higher networking security solution are expected to boost the growth of the region at a considerable pace.

The COVID-19 pandemic has profoundly impacted the network management industry, triggering a seismic shift in the way organizations approach connectivity and IT infrastructure. The demand for robust and secure networks skyrocketed, forcing network management professionals to rapidly adapt to the challenges of supporting a decentralized workforce with an unprecedented surge in remote work. The need for scalable solutions, increased bandwidth, and enhanced security measures became paramount.

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In addition, the pandemic accelerated digital transformation initiatives, prompting organizations to invest in cloud-based services and advanced networking technologies. However, economic uncertainties led to budget constraints for some, prompting a strategic reassessment of network management priorities. Cybersecurity concerns surged as threat actors exploited the chaos, necessitating heightened vigilance and proactive defense strategies. Despite the challenges, the pandemic served as a catalyst for innovation, driving the adoption of AI and automation in network management. Professionals face the ongoing task of balancing resilience, flexibility, and security in the networks that underpin the modern workplace as the industry continues to evolve in the wake of COVID-19.

Key Findings of the Study

By component, the hardware segment accounted for the largest network management market share in 2022.

By deployment mode, the on-premise segment accounted for the largest network management market share in 2022.

Based on network type, the LAN segment accounted for the largest network management market share in 2022.

Based on organization size, the large enterprise segment accounted for the largest network management market share in 2022.

Depending on industry vertical, the BFSI sector accounted for the largest network management market share in 2022.

Region wise, North America generated the highest revenue in 2022.

The key players that operate in the network management market analysis are Cisco Systems, Inc., IBM Corporation, Microsoft Corporation, juniper Networks, Inc., SolarWinds Corporation, Broadcom Inc., Huawei Technologies Co., Ltd., Hewlett Packard Enterprise, BMC Software, Inc., and Nokia Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the network management industry.

About Us: 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 Insights” 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.

#Network Management Market #Network Management Industry #Network Management #LAN #MAN #WAN

[namanr]

System in Package (SiP) Technology Market Expected to Reach $34.2 Billion, Globally, by 2030 at 9.7% CAGR: Allied Market Research 

The system in package (SiP) technology market in Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to high investments in the semiconductor sector. Moreover, economically developed nations tend to witness high penetration of system in package (SiP) technology-based products in the automotive segment, which is projected to significantly contribute toward growth of the market.

Wilmington, Delaware

According to a new report published by Allied Market Research, titled, “System in Package (SiP) Technology Market," The system in package (sip) technology market size was valued at $14.8 billion in 2020, and is estimated to reach $34.2 billion by 2030, growing at a CAGR of 9.7% from 2021 to 2030. Asia-Pacific is expected to be the leading contributor toward the system in package (SiP) technology market during the forecast period, followed by LAMEA and Europe.

Download Research Report Sample & TOC: https://www.alliedmarketresearch.com/request-sample/1827 (We look forward to moving quickly to provide the Report Analysis needed for your Business Success)             •141 – Tables             •58 – Charts             •310 – Pages

Growth of the global system in package (SiP) technology industry is anticipated to be driven by factors, such as advent of 5G network connected devices, high demand for compact electronics gadgets with internet connectivity, and rise in the number of the Internet of Things (IoT) devices. In addition, growing adoption of smartphones and smart wearables boosts the market growth. However, higher level of integration leads to thermal issues, which acts as a major restraint for the market. On the contrary, high demand from Asia-Pacific is expected to fuel the market growth during the forecast period.

Prime determinants of growth:

The prominent factors that impact the system in package (SiP) technology market growth include, expansion in the portable electronic market, rise in popularity of IoT, and need for circuit miniaturization in microelectronic devices. In addition, upsurge in usage for graphic cards and processors in real-world gaming fuel the market growth. However, higher initial investment restricts the market growth. On the contrary, increase in demand for high-frequency electronic gadgets is expected to create lucrative opportunities for the market.

Report Coverage and Details:

Aspects

Details

By Packaging Technology

2D IC Packaging

2.5D IC Packaging

3D IC Packaging

By Packaging Method

Wire Bond

Flip Chip

By End User

Consumer Electronics

Automotive

Telecommunication

Industrial System

Aerospace and Defense

Others

  COVID-19 Scenario:

The outbreak of COVID-19 has significantly affected the electronics and semiconductor sector. Business and manufacturing units across various countries were closed in 2021, owing to increase in number of COVID-19 cases, and are expected to remain closed in the second quarter of 2022. Furthermore, partial or complete lockdown has disrupted the global supply chain posing challenges for manufactures to reach customers.

The COVID-19 pandemic impacts the society and overall economy across the globe. The impact of this outbreak is growing day-by-day and affects the overall business globally. The crisis is creating uncertainty in the stock market, resulting in falling business confidence, massive slowing of supply chain, and increase in panic among customers.

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 Leading Market Players:

Qualcomm Inc,

CHIPMOS TECHNOLOGIES INC.,

JIANGSU CHANGJIANG ELECTRONICS TECHNOLOGY CO., LTD.,

AMKOR TECHNOLOGY INC.,

ASE GROUP

The report provides a detailed analysis of these key players of the global system in package (SiP) technology industry. These players have adopted different strategies such as product development and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders:

The 2.5D IC packaging segment is projected to be the major packaging technology, followed 3D IC packaging.

Asia-Pacific and North America collectively accounted for more than 75% of the system in package (SiP) technology market share in 2020.

India is anticipated to witness highest growth rate during the forecast period.

The U.S. was the major shareholder in the North America system in package (SiP) technology market, accounting for approximately 70% share in 2020.

By Region:

North America (U.S., Canada, and Mexico)

Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)

Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)

LAMEA (Latin America, Middle East and Africa)

Trending Reports in Semiconductor and Electronics Industry (Book Now with Up to 20% Discount + COVID-19 Scenario):

Antenna Market size is projected to reach $40.1 billion by 2032, growing at a CAGR of 9.1% from 2023 to 2032.

Image Sensor Market size is projected to reach $87.5 billion by 2032, growing at a CAGR of 12.9% from 2023 to 2032.

Superconductors Market share is projected to reach $17.4 billion by 2032, growing at a CAGR of 10% from 2023 to 2032.

Power Cable Market size is projected to reach $277.8 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031

Embedded Systems Market size is projected to reach $163.2 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" 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.

Contact:

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#semiconductorsolutions

[infinitiresearch]

Industrial Internet of Things (IoT) Market| Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast, 2023 – 2027

Originally published on Technavio: Industrial Internet of Things (IoT) Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

### **Industrial Internet of Things (IoT) Market Research Report**

#### **1. Executive Summary**

- Overview of the Industrial Internet of Things (IIoT) market. - Key findings and market trends. - Growth prospects and emerging opportunities.

#### **2. Introduction**

- Definition and significance of Industrial Internet of Things (IIoT). - Historical development and evolution of the IIoT market.

#### **3. Market Size and Forecast**

- Historical market size and growth. - Current market size and trends. - Future projections and factors influencing growth.

#### **4. Market Segmentation**

- Types of Industrial IoT solutions (sensors, connectivity devices, platforms, analytics, etc.). - Key players and market share in each segment.

#### **5. Competitive Landscape**

- Major Industrial IoT solution providers and platform developers. - SWOT analysis of key companies. - Innovations, partnerships, and sustainability efforts.

#### **6. Industry Verticals**

- Trends in the adoption of IIoT across different industries (manufacturing, energy, healthcare, etc.). - Market share and growth in each vertical.

#### **7. Technology Trends**

- Trends in the technology powering IIoT (edge computing, 5G connectivity, AI and machine learning, etc.). - Impact on data processing, real-time analytics, and connectivity.

#### **8. Integration with Operational Technologies (OT)**

- Trends in the integration of IIoT with operational technologies (SCADA systems, PLCs, control systems, etc.). - Impact on automation, efficiency, and predictive maintenance.

#### **9. Security Concerns and Solutions**

- Trends in security features for IIoT. - Impact on data privacy, encryption, and protection against cyber threats.

#### **10. Regional Market Dynamics**

- Overview of regional variations in the IIoT market. - Economic factors, regulatory influences, and demand-supply dynamics.

#### **11. Adoption Challenges**

- Trends in challenges associated with the adoption of IIoT. - Impact on market growth, technology integration, and standardization.

#### **12. Regulatory Standards**

- Overview of regulatory standards for IIoT. - Compliance challenges and advancements.

#### **13. Impact of COVID-19 on the IIoT Market**

- Assessment of the impact of the COVID-19 pandemic on the market. - Trends in disruptions to supply chains, changes in industrial processes, and shifts in demand.

#### **14. Market Dynamics**

- Drivers of market growth (increased demand for connectivity, industry 4.0 initiatives, cost savings through automation). - Challenges and obstacles (security concerns, interoperability issues, integration complexities). - Opportunities for market expansion (innovation in IIoT applications, expansion into emerging markets, smart manufacturing trends).

#### **15. Customer Preferences**

- Trends in customer preferences for IIoT solutions. - Factors influencing purchasing decisions, such as scalability, interoperability, and ROI.

#### **16. Future Technologies in IIoT**

Trends in emerging technologies impacting IIoT. - Impact on predictive maintenance, supply chain optimization, and intelligent manufacturing.

To Learn deeper into this report , View Sample PDF

#### **17. Future Outlook**

- Anticipated trends in the IIoT market. - Potential disruptions and areas for future growth.

#### **18. Recommendations**

- Strategic recommendations for IIoT solution providers. - Areas for further research, development, and collaboration.

#### **19. Conclusion**

- Summarize key findings. - Concluding thoughts on the future of the Industrial Internet of Things market.

For more information please contact.

[prismmediawire]

AmpliTech CEO Fawad Maqbool to Deliver Fireside Chat at Maxim Group’s TMT Conference

Virtual Presentation on Wednesday, October 11th at 4:00 pm ET

HAUPPAUGE, NY, October 9, 2023 - AmpliTech Group, Inc (Nasdaq: AMPG), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, as well as a worldwide distributor of packages and lids for integrated circuit assembly, today announced that Chief Executive Officer Fawad Maqbool will be delivering a fireside chat at Maxim Group’s Virtual TMT Conference. At the conference, Mr. Maqbool will be discussing industry developments and how AmpliTech’s products can be used to solve sizable industry gaps.

Event Time: Wednesday, October 11, 2023, 4:00 PM ET

Registration Link: https://m-vest.com/events/virtual-tech-10102023

About AmpliTech Group

AmpliTech Group, Inc. designs, develops, manufactures and distributes state-of-the-art radio frequency (RF) microwave components for global satellite communications, telecom (5G & IoT), space, defense, and quantum computing markets as well as systems and component design consulting services. In December 2021, AmpliTech completed the purchase of the assets and operations of Spectrum Semiconductor Materials Inc. a global specialty distributor of semiconductor components based in San Jose, CA. AmpliTech has a 20+ year track record of developing high performance, custom solutions to meet the unique needs of some of the largest companies in the global industries we serve. We are proud of the unique skills, experience and dedication of our focused team which enables us to deliver superior solutions, faster time to market, competitive pricing and excellent customer satisfaction and repeat business. For more information, please visit: https://www.amplitechinc.com/

About Maxim Group

Founded in 2002, Maxim Group is a leading full-service investment bank, securities and wealth management firm headquartered in mid-town Manhattan. We provide a comprehensive array of financial services including investment banking, global institutional sales, equity research, fixed income and derivative sales & trading, merchant capital, private wealth management, and prime brokerage services to a diverse range of corporate clients, institutional investors and high-net-worth individuals. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board (MSRB). For more information, go to: https://www.maximgrp.com/

Safe Harbor Statement

This release contains statements that constitute forward-looking statements. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: the lingering impact of the COVID-19 pandemic on the Company’s supply chain, revenues and overall results of operations, the Company's ability to execute its business plan as anticipated; trends affecting the Company's financial condition or results of operations; and the Company's growth strategy and operating strategy. The words "may" "would" "will" "expect" "estimate" "anticipate" "believe" "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. Other risks are identified and described in more detail in the “Risk Factors” section of the Company’s filings with the SEC, all of which are available on our website. We undertake no obligation to update, and we do not have a policy of updating or revising, these forward-looking statements, except as required by applicable law.

Corporate Social Media Twitter: @AmpliTechAMPG Instagram: @AmpliTechAMPG Facebook: AmpliTechInc

Investor Social Media Twitter: @AMPG_IR StockTwits: @AMPG_IR

Company Contact: Shan Sawant, Director of Communications AmpliTech Group, Inc. [email protected]

Investor Relations Contact: Kirin Smith, President PCG Advisory, Inc. [email protected] www.pcgadvisory.com

SOURCE: AmpliTech Group, Inc.

#press release #prism mediawire #stock market #investing #nasdaq #satcom #telecommunications #rf components #5g network #5g technology #6g #ampg #amplitech

[medi-techinsights]

GCC Countries Digital Health Market is anticipated to witness a significant growth by 2027 : Increasing Investment Opportunities in KSA & UAE

Digital health refers to the application of digital tools and technologies to monitor and manage illnesses, diseases and health risks and to advertise and promote wellness. The global scope of digital health includes many segments such as Telehealth, mHealth Apps, Connected Medical Devices & Services, Electronic Health Records (EHRs), Electronic Medical Records (EMRs), Healthcare Analytics, Digital Therapeutics, etc.

Rapid Growth in the GCC Countries Digital Health Market Post Covid-19 Pandemic

Due to strict government norms on social distancing during COVID-19 pandemic, GCC countries had seen a fast surge in the application of virtual care solutions, such as online consultations, online prescriptions, online pharmacies, RPM solutions, etc. which is poised to be the upcoming trend in the GCC regions. COVID-19 pandemic has created a fertile environment for all digital health startups. The GCC region had also seen the growth of many health tech startups post Covid-19 pandemic.

“Post Covid-19 Pandemic, to improve patient experience and enhance the quality of care, adoption of digital health has increased in leading GCC markets such as Saudi Arabia and UAE. An increasing number of Saudi-based companies such as Nala Health (Acquired by Integrative Health) and Cura Healthcare which provides instant consultations to tailored digital care programs are the major examples. Also, to reduce the need for physical hospital visits, Saudi Arabia’s Ministry of Health (MoH) has launched many mobile apps such as Mawid, Tabaud, and Seha, which provide virtual consultations.”-Partner, UAE-based Venture Capital Firm

Positive Funding Environment Triggers the Growth of the GCC Countries Digital Health Market

In recent years, the GCC countries has seen a rapid surge in the fundings and investments for digital health startups which is set to boost the growth of the GCC Countries Digital Health Market.

For instance,

In June 2022, WEMA Health, a digital health startup, launched its own services in UAE after raising $3.50 million in a seed funding round led by Dawn Health, Europe’s leading digital health company. The company offers a virtual obesity programme to help its members lose up to 20% of their body weight.

Competitive Landscape Analysis: GCC Countries Digital Health Market

Some of the top and emerging players operating in the GCC Countries digital health market are as follows: -

3M Health Information Systems

GE Healthcare

Philips Healthcare

InterSystems

Cerner Corporation

Epic Systems

Altibbi

Cura Healthcare

Integrative Health (Acquired Nala Health)

Ynmodata

Labayh

AlemHealth

Okadoc

Vezeeta

GluCare.Health

The major factors driving the growth of the GCC Countries digital health market are an increasing funding for healthcare IT and digital transformation in Saudi Arabia and United Arab Emirates, growing awareness of digital-health solutions, adoption of artificial intelligence, IoT and 5G in the healthcare-IT segment, growing healthcare service spending towards non-hospital care. However, potential cybersecurity threats and insufficient legal and regulatory frameworks to counter issues such as data protection, data privacy, and intellectual property rights are set to impact the market’s growth.

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#digital health #GCC Countries Digital Health Market #GCC Digital Health Market #Digital Health Market #healthcare #life science #medical devices #UAE Digital Health Market #Saudi Arabia Digital Health Market #telemedicine #telehealth #remote patient monitoring #electronic health records #electronic medical records

[abhigmi]

Hook Lifts and Skip Loaders Market Expansion Projected to Gain an Uptick During 2022-2028

The hook lifts and skip loaders market is speculated to register substantial growth by 2028 owing to the booming construction and infrastructure sectors across the globe. In addition, increasing government focus on waste recycling plants is likely to further propel market expansion over the forecast period.

Hook lifts offer several advantages, such as easier maneuvering, better safety, high versatility, and greater affordability, which has boosted product adoption significantly over the past few years. Growing emphasis on waste recycling has accelerated the demand for waste haulers like hydraulic hook lift systems, which has augmented industry uptake. Moreover, supportive government initiatives to promote automation in the agricultural sector have also fueled hook lifts and skip loaders market progress.

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Notably, industry players have been employing profitable strategies to strengthen their foothold in leading marketplaces, which has supported the growth of the global industry. For instance, in June 2021, Stellar Industries Inc., a prominent manufacturer of hook lifts, service vehicles, and cranes, announced the acquisition of MD Products and Solutions (MDPS), a leading provider of agricultural and utility-focused trailer products. The deal enabled Stellar to scale its production capacity by acquiring the Mason City facility of MDPS.

To cite another instance, in May 2021, Hiab, a service vehicle business of cargo expert Cargotec, launched its novel heavy-duty slider lifts for trailers and heavy goods vehicles dubbed the ZEPRO. The ZEPRO slider lifts are sturdy, low-maintenance lifts that are designed to optimize uptime and lift life.

In another instance, in November 2021, Volvo Construction Equipment, a global construction equipment manufacturer, executed the trial of its novel high-lift wheel loader, dubbed the Volvo L180 High-lift. The Volvo L180 High-lift is remote-controlled and was tested over a 5G network in a complicated forestry application. The tests were intended to ensure the efficient integration of automation and development of productive and safer timber processes.

The hook lifts and skip loaders market has been segmented on the basis of application, type, and region. With respect to application, the market has further been categorized into forestry, construction, municipalities, agriculture, and others. The forestry sub-segment is set to witness robust expansion over the assessment period on account of increasing landscaping activities.

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From the regional point of view, the Asia Pacific hook lifts and skip loaders market is projected to gain significant growth momentum over the study timeline to reach a notable valuation by the end of 2028. This growth is attributed to favorable government initiatives for the regional agriculture sector. Moreover, the proliferating number of waste recycling plants across MEA is estimated to drive regional market development over the forthcoming period.

Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope

1.1    Definitions & forecast parameters

1.1.1    Definitions

1.1.2    Methodology and forecast parameters

1.1.3    Region-wise COVID-19 impact

1.1.3.1    North America

1.1.3.2    Europe

1.1.3.3    Asia Pacific

1.1.3.4    Latin America

1.1.3.5    MEA

1.2    Data Sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2   Executive Summary

2.1    Hook Lifts and Skip Loaders industry 360° synopsis, 2018 – 2028

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Application trends

2.1.4    Regional trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/hook-lifts-and-skip-loaders-market

HVAC & Construction Research Reports

High Pressure Washer Market

Forestry Equipment Market

Industrial Air Compressor Market

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#Hook Lifts and Skip Loaders Market Analysis #Hook Lifts and Skip Loaders Market by Type #Hook Lifts and Skip Loaders Market Share #Hook Lifts and Skip Loaders Market Development

[aartichede08]

Embedded Systems Market Strategic Insights And Key Business Influencing Factors By 2028

An embedded system is recognized as a microprocessor-based computer hardware system along with software that is structured to perform a specific function, either as a part of a whole large system or as an independent system. At the core of the embedded system a circuit is designed to further carry out computation for real-time operational functions. Embedded system functions to control the device and allows the user to interact with it. They function on one or more than one functions at a time. These systems work by integrating a rugged motherboard into an industrial enclosure, along with embedded OS software and I/O (output and input) to attain a function in an embedded atmosphere. There are three basic types of embedded system, small scale, large scale and medium scale. Basic difference between microcontroller and microprocessor is that in microprocessor bit handling is very less in amount as compared to microcontroller because it offers various kinds of bit handling instruction. Embedded system software uses basic software such as C++, C, ADA ETC. Some might use OS such as LINUX, TreadX, RTOS, OSE etc.

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EMBEDDED SYSTEMS MARKET DYNAMICS

Growth in demand for ADAS in EV and hybrid vehicles is uplifting the market growth of embedded system market. These systems are playing a major role in reconstructing the automotive industry. Embedded systems use ADAS technology which are implemented in hybrid and electric vehicles. The growth in demand for hybrid and electric vehicles due to surging awareness among masses about the diminishing state of the atmosphere has further led to the growth of the embedded system market. Whereas, the factor which is continuously hampering the market growth is the vulnerability of embedded systems to security breaches and cyber threats. Embedded systems consists of important data which could be critical to banks, military forces, healthcare and data centers. Therefore, it is very necessary to protect such devices from unknown resources and cyber threats. Major reasons due to which these devices are prone to cyber threats is the long device lifecycle, irregular security updates, attack replication and remote deployment. Furthermore, development of 5G based embedded services is acting as the market opportunity for many key players. But every aspect has some negative aspect as well, high energy consumption of compact embedded system acts as challenge for various key players in the market. The compactness of embedded system to implement different functionalities in them further leads to design complexity which leads to increased consumption of energy.

COVID 19 IMPACT ON EMBEDDED SYSTEMS MARKET

Covid-19 not only affected the operations of various industries which offers embedded system and solutions, but also hampered the company businesses using these product and solutions. The decline in demand for electronic devices due to lockdown has globally impacted the semiconductor market. The declination in global demand and exporting procedures for automotive vehicles is also anticipated to hamper the semiconductor market which led to slowing down the demand for the embedded system. Healthcare sector is the most benefitted sector during the pandemic period. This factor positively uplifts the embedded system as different embedded hardware’s are used in the development of advanced ventilators and other medical equipment’s.

EMBEDDED SYSTEMS MARKET SEGMENTAL OVERVIEW

The report analyses of the embedded systems market based on component, application, function and by geography.

EMBEDDED SYSTEMS MARKET BY COMPONENT

By component, the global embedded systems market is segmented into hardware and software, Hardware is further sub-segmented into microcontroller, ASIC & ASSP, microprocessor, power management integrated circuit (PMIC), field programmable gate array (FPGA), digital signal processor (DSP), memory. Software is further sub-segmented into OS, Middleware. Microcontroller holds the largest market share, it is due to growing demand for microcontrollers in automobiles engine control systems, implantable medical devices, microwave ovens, security systems, remote controls, appliances, power tools and toys. The demand for microcontrollers is rising significantly owing to acceptance of IoT in a number of verticals, automation in different industries, growing demand for secured applications worldwide along with increasing demand for energy consumption.

EMBEDDED SYSTEMS MARKET BY FUNCTION

The embedded systems market by function is classified into standalone system, real-time system, network system, mobile system. Real time system holds the largest market share as they are used in various applications that need a wide responsiveness rate. Network embedded system are basically a type of real time embedded systems that make use of WAN, LAN along with internet to access the resources and perform the allotted task. The growing implementation of IoT in different devices, smart platforms is one of the major advantages driving the market growth for real-time embedded systems. Furthermore, major advancements going on in actuators and sensors used for industrial automation, transportation, energy distribution, healthcare sector applications are also uplifting the real time embedded system market worldwide.

EMBEDDED SYSTEMS MARKET BY APPLICATION

The embedded systems market by application is classified into automotive, consumer electronics, manufacturing, retail, media & entertainment, military & defense, telecom. Communication segment holds the largest market share. Embedded systems are mostly used in ethernet devices, routers, protocol converters and wireless infrastructures for high-speed data transfer to help the growing communication infrastructures. Moreover, telecom operators often implement hard IP for interfaces such as 100G Ethernet and peripheral component interconnect (PCI) express. Furthermore, various advancing technologies such as eASIC are cost effective and also meet power targets are largely used in radio access network (RAN) equipment.

EMBEDDED SYSTEMS MARKET BY GEOGRAPHY

Geographically, the embedded systems market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and the rest of the world regions which includes Latin America, and Middle East & Africa. Asia pacific holds the largest market share due to increasing per capita and ongoing large-scale industrialization along with urbanization are the major factors uplifting the market growth in this region. The presence of low-cost electronic products is anticipated to upsurge the increasing demand for microcontrollers and microprocessors in the region. Autonomous robotic system and embedded vision system is also anticipated to increase demand among consumers for embedded system hardware such as controllers and microprocessors for the usage in industrial applications in Asia pacific region.

EMBEDDED SYSTEMS MARKET KEY PLAYERS

Some of the major players operating in this market include Atmel Corporation (US), Intel Corporation (US), Texas Instruments (US), Infineon Technologies AG (Germany), NXP Semiconductors N.V. (Netherlands), Microsoft Corporation (US), Samsung Electronics Corporation (South Korea), Analog Devices Inc.(US),  Renesas Electronics Corporation (Japan), Kontron AG (Germany), Advantech Co., Ltd. (Taiwan), ARM Limited (UK), Fujitsu Limited (Japan), Microchip Technology Inc. (US), Xilinx, Inc. (US), STMicroelectronics (Switzerland).

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[betswap]

Betswap revolutionized the transformation of traditional gambling platforms into decentralized ones

After several years of development, the technology application and industrial ecology of blockchain have accelerated the evolution, and the development has entered the fast lane. Decentralization is one of the most well-known features of blockchain technology. Decentralization means that in a system with many nodes, each node has a high degree of autonomy.

The nodes can be freely connected to each other to form a new connection unit. Any node may become the stage center. The value of digital assets with blockchain as the underlying technology is unlimited, and it is waiting for global users to jointly develop. Betswap provides such an entrance: let global users freely play on the decentralized platform, and use blockchain technology to create a global value-added gambling platform.

The gambling market is gradually expanding and the market prospect is broad

With the continuous rise of global sports event guessing fever, sports events have attracted more and more attention. The value of the global sports betting and gambling market is as high as US $3 trillion, and the CAGR (annual compound growth rate) is as high as 10.6%. Sports betting has a history of hundreds of years. As long as sports exist, sports betting will exist. The reason why people are keen on sports betting can be summarized as follows: it is full of fun and can also win money. Because of the simple introduction, almost everyone can easily start. Sports betting is popular all over the world and is the fastest growing part of the entire gambling market.

In 2021, the global sports betting market will reach US $76.75 billion, and it is expected to grow at a CAGR of 10.2% from 2022 to 2030. The demand for sports betting is driven by factors such as changes in the regulatory environment, the impact of the entire gambling industry, the penetration of linked equipment and the developing digital infrastructure. Because of the restrictions on sports activities in most parts of the world, the covid-19 pandemic has greatly affected the sports sector. However, due to E-sports betting, online sports betting became more and more popular during the pandemic.

Take the United States as an example. The legalized sports betting market in the United States doubled in 2021, with more than 52.7 billion US dollars bet in the whole year. The market size of the sports betting industry in the United States is expected to reach 150 billion US dollars. The soaring popularity of sports events will further promote the growth of this market.

The sports betting industry has developed rapidly in the United States. Ark investment estimates that the online sports betting market in the United States alone will grow from US $9.5 billion this year to US $37 billion in 2025, which means that the value has increased nearly four times in just four years. Considering that the scale of the sports market will continue to increase in the future, the global sports betting industry is in a general trend of vigorous development, which contains unlimited wealth opportunities.

Mature technology in the new era helps the development of gambling platform

With the gradual rise of the global new generation of information technology, blockchain plays an important role in the new round of scientific and technological revolution and industrial transformation. With the wide application of blockchain, the smart contract and other blockchain technologies, as well as big data and AI, are becoming more mature. The integration of blockchain technology with finance, supply chain, medical care, law, people's livelihood, education, copyright and public welfare is also closer.

The blockchain industry is in the stage of vigorous development. With the continuous construction and improvement of digital infrastructure such as 5g, big data, artificial intelligence and industrial Internet, more new scenarios and applications have emerged. The concept of smart contract was proposed much earlier than the blockchain. However, due to technical constraints, the security of the contract cannot be guaranteed, and smart contract has not been widely used. The advent of blockchain has brought new vitality to the use and promotion of smart contracts.

A smart contract is essentially a digital contract. When a certain condition is met (for example, all matches in the gambling game are ended), the code will be automatically executed. After the smart contract is executed, its terms cannot be changed. The future growth prospects of smart contracts are broad, bringing exciting and revolutionary opportunities for the digital era.

As the main driving force of contemporary economic development, the digital economy occupies a high position, promoting the digital transformation of the global financial market and bringing safe and convenient financial services to the world. In the "digital intelligence" era, betswap firmly grasped the opportunity of the times and made a brilliant debut. With the blockchain as the wings, it leaped to the peak of the gambling platform and vigorously promoted the process of digital assets.

[energypowernews]

Absorbent Glass Mat Battery Market Report & Dynamic Forecast To 2031

Absorbent Glass Mat Battery Industry Participants

The major companies profiled in absorbent glass mat battery market report include Clarios, Exide Technologies, Universal Power Group, EnerSys, East Penn Manufacturing Company, Yusa Group, Flamm Energy Technology, Robert Bosch GmbH, Duracell, Johnson Controls, MK Battery, and Power Sonic Corporation.

North America is expected to exhibit CAGR of 5.0% during 2022-2031.

The absorbent glass mat battery market size was valued at $11.6 billion in 2021, and absorbent glass mat industry is estimated to reach $19.5 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.

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AGM or Absorbent Glass Mat is an advanced lead-acid battery that provides superior power to support the higher electrical demands of today's vehicles and start-stop applications. It is widely used in the automotive, military, UPS, energy storage, and other industries.

Rapidly growing demand for power from clean energy resources, increase in the sales of automotive vehicles which are used for transportation and material handling purpose have driven the demand for AGM battery market.

Increase in penetration of cloud computing and virtualization in the daily life has led to increase in the demand for datacenters.

AGM batteries are maintenance free alternative to traditional flooded lead-acid batteries. Their AGM batteries are used for newly manufactured cars for start-stop technology in cars.

The advantages of technologies such as 5G, artificial intelligence, machine learning, data center construction, and others technologies related with telecommunications have huge impact over the market growth.

Growth in investment toward renewable energy sources such as solar and wind, has led to increase in the demand for energy storage devices, which led to increase in the demand for absorbent glass mat battery market.

Growing concerns toward energy security coupled with cost saving potential is expected to positively compliment the adoption of absorbent glass mat battery during the forecast period.

APAC is growing rapidly with the increasing adoption of energy storage solutions for industrial, automotive, and other applications. Also, renewable energy integration in countries such as India and China is an additional factor fueling the market growth in APAC.

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North America holds a significant market share in the said market. Increase in usage of automotive vehicles catering to all powering needs, presence of key market players in the U.S., and increase in installation of AGM batteries for renewable energy applications are the key factors driving the market in this region.

Marine applications such as powerboats, personal watercrafts, yachts and heavy marine house power primarily comprises AGM battery systems.

By voltage range, 2-4 volts was the leading segment in 2021.

By end-use, OEM segment occupies 65.3% of total market share in 2021.

By application, UPS segment has largest market share in 2021.

The outbreak of COVID-19 has adversely impacted the market in the first half of 2020 credited to the closure of manufacturing plants during the lockdown period. Due to social distancing and WFH norms across the world, the residential sector observed high installation demand for uninterrupted power source (UPS) systems.

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Post pandemic crisis, the government of various countries across the globe has invested in the renewable power generation such as solar power plant, which has increased the demand for absorbent glass mat battery through energy storage devices.

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[paullui2002]

Industrial Automation Market 2021 Global Industry Size, Demand, Growth Analysis, Share, Revenue and Forecast 2028

According to the new research report titled "Industrial Automation Market Forecast to 2028 – COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 233.94 billion by 2028, registering a CAGR of 7.6% from 2021 to 2028.

Automation in the food & beverages industry refers to strategic integrations of technologies across various production processes, such as inspection, packaging, and storage. Over the years, food & beverages companies have optimized different production processes through the uptake of automated systems, such as delta robots, automated guided vehicles, and robotic arms, to be in line with various food safety & quality standards laid down by regulatory bodies and reduce overall labor cost across production sites.

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Vision-guided robots are experiencing a rise in demand across the industrial automation market due to their efficiency in completing repetitive tasks, such as bottle handling, bin picking, and tray loading. Numerous benefits, including enhanced traceability, improved efficiency, and high flexibility, have been driving the need for automation in the food & beverage industry over the years. These factors have encouraged food & beverage producers to invest heavily in automated technology integration across their production facilities. For instance, a US-based snack brand, Utz Brands Inc., announced its plans to integrate automated capabilities across its production plants to reduce its overall operational cost in 2021. Similarly, Hormel Foods is also planning to incorporate automation across its production facilities in 2021. Other food & beverage brands rapidly adopting automated technology include Tyson Foods and ITC. Thus, the rise in investment in automation across the food & beverage industry is fueling the growth of the industrial automation market.

The increasing penetration of advanced technology, such as Machine Learning (ML), the Internet of Things (IoT), and Artificial Intelligence (AI), has helped accelerate the growth of the industrial automation market. Furthermore, the rising product development and strategic initiatives from key market players for industrial automation applications lead to market growth. For instance, in 2020, Honeywell International Inc. and Tech Mahindra Limited partnered with "Factories of the Future" to accelerate the digital transformation journey by empowering manufacturers. Similarly, Siemens collaborated with SAP SE to offer industry 4.0-enabled business processes to enterprises. Further, the growing update of the industrial internet of things (IIoT) and the upcoming engineering 5G technology are a few factors, contributing to market growth during the forecast period.

ABB Ltd, Emerson Electric, OMRON, Rockwell, and FANUC are the prominent players in the industrial automation market. The listing of five key players based on a common criterion such as revenue is not feasible. Hence, we have derived this listing of “Key Five Players” in the Global Industrial Automation Market” by giving weightage to following key parameters: overall revenue, segmental revenue, brand image & industry experience, current product portfolio, innovative and advanced technology integration/material enhancements, customer base, geographical reach, new product launches, partnerships, mergers & acquisitions, and other market related activities. In addition to these players, there are several other important players operating in the Industrial Automation ecosystems which were studies analyzed during the course of this market research study, such as B&R Industrial Automation GmbH; HITACHI LTD., Industrial, Automation (M) SDN BHD., Koyo Electronics Industries Co., LTD., and Mitsubishi Electric Corporation.

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Self-Healing Networks Market to surpass USD 10 Bn by 2032

Self-Healing Networks Market is projected to cross USD 10 Bn by 2032. Automating routine manual operations with network automation tools helps lower the potential for human error and optimize network functionality. Additionally, these tools also assist in optimizing and extending network operations by minimizing configuration errors.

Overall, the self-healing networks industry is segmented in terms of component, deployment, application, end-use and region.

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Based on component, the services segment will be in huge demand by 2032. The segmental growth can be credited to the mounting adoption of self-healing network services to offer a suitable platform to run and support their applications. These services include planning, design, equipment installation, training, commissioning, testing, network optimization, maintenance, post-implementation support, and root cause analysis.

By deployment, the on-premises deployment segment is anticipated to be valued at over USD 1.5 billion by 2032. The increasing shift of companies from the traditional approach of the healing network to automated self-healing networks based purely on cloud computing services such as PaaS and SaaS will positively favor the industry outlook.

Considering the application, the network traffic management segment is slated to grow considerably. Mounting demand for network traffic analysis solutions reduces the number of decryption methods that security professionals can access without knowing the privacy implications. In addition to changing business dynamics, data security has become a critical part of every business and network analytics helping end users analyze threats will positively favor segment expansion.

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In terms of end-use, the IT and ITES industry held 15% market share in 2022. A self-healing network helps monitor the internet to detect failures and IT automation to restart it. Most importantly, self-healing networks help resolve the problem immediately and quickly without any intervention.

Regionally, the Asia Pacific self-healing network industry will showcase sturdy growth through 2032 owing to the increasing penetration of higher mobile data transfer rates and the strategic surge in LTE network deployments and upcoming 5G networks. Besides, growing presence of prominent players that are constantly expanding the market presence through collaborations will favor the business growth in the region.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    Self-healing networks industry 360º synopsis, 2018 – 2032

2.2    Business trends

2.2.1    Total addressable market (TAM) trends, 2023 - 2032

2.3    Regional trends

2.4    Component trends

2.5    Deployment trends

2.6    Application trends

2.7    End-use trends

Chapter 3   Self-Healing Networks Industry Insights

3.1    Impact of COVID-19 outbreak

3.2    Impact analysis of Russia-Ukraine war

3.3    Self-healing networks industry ecosystem analysis

3.4    Technology & innovation landscape

3.4.1    AI/Machine learning

3.4.2    IoT

3.4.3    Network automation

3.5    Regulatory landscape

3.6    Patent analysis

3.7    Key initiatives & news

3.8    Industry impact forces

3.8.1    Growth drivers

3.8.1.1   Increasing adoption of automation technologies integrated with self-healing

3.8.1.2   Rising need to control and manage network traffic

3.8.1.3   Surge in human error rates in manual systems causing network downtime.

3.8.1.4   Increasing number of startups to offer networking solutions

3.8.1.5   Rising need of improving network security by mitigating cyber threats

3.8.2    Industry pitfalls and challenges

3.8.2.1   Lack of awareness among network administrators

3.8.2.2   Rising security threats across networks

3.9    Growth potential analysis

3.10    Porter's analysis

3.11    PESTEL analysis

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