Human Resource Management Market Projected To Expand At A CAGR 11.7%For The Forecast Period From 2020 To 2027: Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Human Resource Management Market Size, Share & Trends Analysis Report By Software, By Service, By Deployment, By Enterprise Size, By End Use, By Region, And Segment Forecasts, 2020 – 2027

The global human resource management market size is anticipated to reach USD 38.17 billion by 2027, registering a CAGR of 11.7% from 2020 to 2027, according to a new report by Grand View Research, Inc. Increasing need for managing the widespread workforce coupled with growing demand for replacing legacy systems with improved human capital management platforms is anticipated to fuel the growth. Human resource management (HRM) solution providers focus on developing software/solutions that can easily integrate with mobile apps, thereby enabling employees and employers to access information pertaining to time and attendance, leaves, and performance status from their personal devices.

Technological proliferation in the field of big data analytics, machine learning (ML), artificial intelligence (AI), and Internet of Things (IoT) is expected to positively impact the growth of the HRM market. Various solution providers are developing innovative solutions that integrate upcoming technologies into HR systems for enhanced organizational performance. The technology proliferation and improved features increase the transparency across the organizations and provide flexibility to access data anytime and anywhere across the globe.

The increased adoption of cloud deployment across all industries is expected to accelerate the demand for HRM solutions over the forecast period. The use of cloud technology enables various Small and Medium Enterprises (SMEs) to adopt modern HRM solutions at reasonable prices without the need for constant upgrades or replacements of systems. In today’s improving workforce conditions, companies are enabling more technology investments that can assist in recruitment, management, and enhancement of human resources.

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Human Resource Management Market Report Highlights

• The talent management software segment is anticipated to expand at a significant CAGR over the forecast period, owing to features such as attracting, recruiting, and retaining the human assets of their organization
• Post the implementation of HRM software, organizations require support and maintenance services from their vendors. This is expected to increase the demand for the support and maintenance services
• The demand for hosted deployment segment is expected to witness growth over the forecast period, owing to the ease of integration with other systems, ease of use, and reduced costs
• The large enterprises segment dominated the market in 2019 and is expected to maintain its dominance during the forecast period, as these enterprises are increasingly adopting automation solutions for managing a large workforce
• The retail segment is expected to expand at the highest CAGR from 2020 to 2027. The rapid growth of the retail industry has resulted in the large-scale hiring as well as employee retention at all levels of the industry by ensuring better job roles, career paths, and benefits. In an attempt to streamline these functions, a large number of organizations operating in the retail industry opt for HRM solutions
• Asia Pacific is anticipated to expand at a significant CAGR during the forecast period, owing to the rapid industrialization and digitization initiatives taken by the governments in the region
• The key players in the human resource management market include Accenture PLC; Automatic Data Processing (ADP), Inc.; Cezanne HR Ltd.; Ceridian HCM, Inc.; IBM Corporation; Kronos Incorporated; Mercer LLC; NetSuite, Inc.; Oracle Corporation; PricewaterhouseCoopers (PwC); SAP SE; Talentsoftl Ultimate Software; and Workday, Inc.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global human resource management market based on software, service, deployment, enterprise size, end use, and region:

Human Resource Management Software Outlook (Revenue, USD Million, 2016 – 2027)

• Core HR
• Employee Collaboration & Engagement
• Recruiting
• Talent Management
• Workforce Planning & Analytics
• Others

Human Resource Management Service Outlook (Revenue, USD Million, 2016 – 2027)

• Integration & Deployment
• Support & Maintenance
• Training & Consulting

Human Resource Management Deployment Outlook (Revenue, USD Million, 2016 – 2027)

• Hosted
• On-premise

Human Resource Management Enterprise Outlook (Revenue, USD Million, 2016 – 2027)

• Large Enterprise
• Small & Medium Enterprise

Human Resource Management End Use Outlook (Revenue, USD Million, 2016 – 2027)

• Academia
• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Human Resource Management Regional Outlook (Revenue, USD Million, 2016 – 2027)

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

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Business Software And Services Market Projected To Exhibit Robust CAGR of 10.7%For The Forecast Period From 2019 To 2025 : Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Business Software And Services Market Size, Share & Trends Analysis Report By Software, By Service, By Deployment, By End Use, By Enterprise Size, By Region, And Segment Forecasts, 2019 – 2025

The global business software and services market size is expected to reach USD 650.13 billion by 2025, registering a CAGR of 10.7% from 2019 to 2025, according to a new report by Grand View Research, Inc. Increasing volume of business data and automation of business processes across various industries such as healthcare, retail, and manufacturing are expected to drive the growth.

Numerous factors such as timely product delivery, reduced production costs, and improved operational efficiency delivered by effective business software and services are expected to propel the market growth over the forecast period. Business software and services are extensively used in business processes as they help reduce operational costs.

Enterprises are widely adopting cloud-based deployment solutions owing to technological developments and growing focus on offering flexibility and mobility to users. This is prompting vendors to develop software solutions that can be deployed through cloud platforms.

Technological innovation, growing use of new data sources, and penetration of cloud-based services are further driving the need for customized software solutions for specific business operations. Increasing demand for optimized delivery mechanisms, initiating from point of production to the point of consumption, is encouraging enterprises to adopt supply chain management business software.

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Business Software & Services Market Report Highlights

• Sales and marketing segment is anticipated to expand at the highest CAGR of 11.2% from 2019 to 2025. The software is widely used by businesses to combine their sales procedures and tasks
• Managed services segment is anticipated to register the highest CAGR of 12.2% from 2019 to 2025 owing to the increasing dependence of enterprises on IT assets to improve their productivity
• Cloud segment is expected to emerge as the fastest-growing deployment segment over the next six years as this mode of deployment eliminates the need to regularly, manually upgrade business software solutions and enables users to access data from any location in a hassle-free way
• Small and Medium Enterprises (SME) segment is expected to expand at the highest CAGR of above 11.2% over the forecast period. The growing number of government initiatives through digital SME campaigns such as video marketing, social media, and search engine marketing are expected to drive the growth
• Healthcare is expected to emerge as the fastest-growing end use segment over the next six years, attributed to increasing demand for streamline the documentation, exchange of health data, and its storage
• North American accounted for the largest market share in terms of revenue and is expected to continue to dominate the market over the forecast period. Increased adoption of advanced technologies such as hybrid architecture, JavaScript, machine learning, artificial intelligence, and blockchain are contributing significantly to the regional growth
• The key players in the business software and services market include Acumatica, Inc.; Deltek, Inc.; Epicor Software Corporation; IBM Corporation; Infor Inc.; NetSuite Inc.; Microsoft Corporation; SAP SE; Oracle Corporation; Totvs SA; Unit4; and SYSPRO

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/it-services-and-applications

Grand View Research has segmented the global business software and services market based on software, service, deployment, enterprise size, end use, and region.

Business Software Outlook (Revenue, USD Billion, 2019 – 2025)

• Finance
• Human Resource
• Sales & Marketing
• Supply Chain
• Others

Business Service Outlook (Revenue, USD Billion, 2019 – 2025)

• Consulting
• Managed Services
• Support & Maintenance

Business Software and Services Deployment Outlook (Revenue, USD Billion, 2019 – 2025)

• Cloud
• On-Premise

Business Software and Services Enterprise Size Outlook (Revenue, USD Billion; 2019 – 2025)

• Large Enterprises
• Small & Medium Enterprises

Business Software and Services End Use Outlook (Revenue, USD Billion, 2019 – 2025)

• Aerospace & Defense
• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Transportation
• Others

Business Software and Services Regional Outlook (Revenue, USD Billion, 2019 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Business Software And Services Market @ https://www.grandviewresearch.com/press-release/global-business-software-services-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Messaging Security Market Size Is Projected To Reach USD 11.10 Billion By 2025: Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Messaging Security Market Size, Share & Trends Analysis Report By Product (Messaging Gateways, Email Protection, Anti-virus), By Deployment (Cloud, On-premise), By End-Use, By Region, And Segment Forecasts, 2018 – 2025

The global messaging security market size is expected to reach USD 11.10 billion by 2025, according to a new study by Grand View Research, Inc. The market is expected to witness a CAGR of 13.7% over the forecast period, owing to increasing demand for cloud-based secure messaging products and solutions is driving the growth of the market. This can be attributed to the increasing popularity of Software-as-a-Service (SaaS) and virtual appliance-based solutions

Organizations are increasingly utilizing instant messaging applications for external and internal communication, as they are a faster and cheaper mode of communication. However, with the accelerating adoption of this mode of communication, it becomes increasingly important to secure the messaging infrastructure as the communication environment is no longer secure. Hence, it is highly vulnerable to external threats.

Moreover, the increasing adoption of mobile devices is acting as another key driving factor contributing to market growth. The accelerating demand for mobile devices for smoother communication amongst enterprises and its employees, through a network protected against threats, is paving the way for the adoption of secure messaging solutions and thus, facilitating secure access to critical enterprise information.

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Messaging Security Market Report Highlights

• The email protection segment dominated the product segment in 2016. Emails act as an important source for storing critical information. However, their high vulnerability to the virus and spam attacks necessitates the application of security solutions to safeguard emails against threats
• Cloud deployment is anticipated to become the preferred option of deployment for messaging security products and solutions, as it offers greater flexibility, convenience, accessibility, and easy maintenance
• The corporate segment is expected to find the highest application in the next eight years. Corporates possess large amounts of critical data that is required to be safeguarded against external and internal threats
• North America accounted for the largest share in 2016 owing to the presence of prominent market players in this region, who are continuously working on developing new innovative technologies
• The Asia Pacific regional messaging security market is expected to experience the highest growth over the next eight years. This can be attributed to the presence of emerging economies such as India, China, and Australia that are expected to augment their expenditure on security infrastructure
• The list of key industry participants includes Cisco Systems, Inc., Symantec Corp., Trend Micro Inc., McAfee LLC, Barracuda Networks, Inc., Proofpoint, Inc., Panda Security, Clearswift, Forcepoint LLC, and Sophos Ltd.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/network-security-software-and-services

Grand View Research has segmented the global messaging security market on the basis of product, deployment, end-use, and region:

Messaging Security Product Scope (Revenue, USD Million; 2014 – 2025)

• Anti-virus
• Email Protection
• Messaging Gateway

Messaging Security Deployment Scope (Revenue, USD Million; 2014 – 2025)

• Cloud
• On-premise

Messaging Security End-use Outlook (Revenue, USD Million; 2014 – 2025)

• Corporate
• Residence

Messaging Security Regional Outlook (Revenue, USD Million; 2014 – 2025)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Access Press Release of Messaging Security Market @ https://www.grandviewresearch.com/press-release/global-messaging-security-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Casino Management System Market is Predicted to Observe a Tremendous Growth, With a CAGR of 14.9% From 2020 To 2027: Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Casino Management System Market Size, Share & Trends Analysis Report By Application (Security & Surveillance, Analytics, Accounting & Cash Management, Player Tracking), By Region, And Segment Forecasts, 2020 – 2027

The global casino management system market size is expected to reach USD 15.5 billion by 2027, expanding at a CAGR of 14.9%, according to a new study by Grand View Research, Inc. The growing demand for casino establishments and increasing social acceptance of casinos are expected to emerge as crucial factors for driving the market. The increasing use of technological solutions and systems across gambling clubs to boost operational efficiency will further drive the growth of the market.

North America emerged as the highest revenue generating segment in 2019 and is expected to witness a CAGR of 13.8% from 2020 to 2027. However, it is estimated that Asia Pacific will witness significant growth and will exhibit the fastest CAGR of 16.8% over the forecast period. The growth of the casino gaming industry, especially in Japan, China, and India, is expected to play a major role in propelling the demand for the systems over the forecast period. Governments across the region are gradually legalizing casino gaming, owing to several social and economic benefits. Rising number of gambling establishments and evolving customer preferences towards casino-style gaming is anticipated to boost market growth.

Casino operations involve a multitude of monetary transactions, which have resulted in an increase in the number of fraud and spoofing attacks. To safeguard against cheating, fraud, and other crimes, gambling club operators are heavily investing in security and surveillance solutions to ensure a safe gaming environment across the floor. Hence, security and surveillance systems have become a vital component of a casino management system enabling gaming club operators to monitor and manage security threats in real time. Video analytics, license plate recognition, facial recognition, and automated surveillance technologies are being increasingly implemented across gambling clubs, which is expected to spur market growth.

Casino management system incorporate analytic tools, management systems, player tracking, and other tools. The analytics segment of the casino management system is expected to witness the fastest CAGR of 16.3% over the forecast period. Casino management systems are expected to witness high penetration as gaming clubs become more data driven and analytical tools can help gain a competitive edge. Analytical tools offer varying insights on customer behaviour, game preferences, spending patterns, and win/loss probabilities. Such insights enable gambling club operators to deliver a personalized gaming experience, enhancing customer retention rate, and streamline gaming operations. However, emerging online gaming platforms are expected to gain increased market penetration owing to the evolving customer preferences, which is likely to hinder market growth.

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Casino Management System Market Report Highlights

• The security and surveillance segment is expected to dominate the casino management system market and was valued at USD 1.2 billion in 2019. Advancements in automated security solutions is further expected to drive market growth in this segment
• The analytics segment is expected to witness significant growth at a CAGR of over 16% from 2020 to 2027. Analytical tools are likely to witness increased adoption over the forecast period owing to varying insights offered, enabling operators to remain profitable
• The player tracking segment was valued at USD 780.3million in 2019. Gaming club operators are incorporating digital technologies to deliver a more personalized gaming experience and drive customer retention rate
• Asia Pacific is expected to witness the highest growth rate over the forecast period. Increased demand for gambling establishments coupled with changing consumer preferences and rising disposable income will augment regional market growth
• Key players include International Game Technology (IGT); Micros Systems, Inc.; Aristocrat Leisure Limited; Konami Corporation; Bally Technologies; and Honeywell International, Inc. Key players are adopting organic and inorganic growth strategies such as investments in R&D, product innovation, and M&A activities to acquire larger market share.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global casino management system market on the basis of application and region:

Casino Management System Application Outlook (Revenue, USD Million, 2016 – 2027)

• Security & Surveillance
• Analytics
• Accounting & Cash Management
• Player Tracking
• Property Management
• Marketing & Promotions
• Others

Casino Management System Regional Outlook (Revenue, USD Million, 2016 – 2027)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)

Access Press Release of Casino Management System Market @ https://www.grandviewresearch.com/press-release/global-casino-management-system-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Breast Imaging Market Expected To Witness A Substantial Growth Of USD 7.3 Billion By 2024: Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Breast Imaging Market Size, Share & Trend Analysis Report By Technology (Ionizing Technology, Non-Ionizing Technology), And Segment Forecasts, 2018 – 2024

The global breast imaging market is expected to reach USD 7.3 billion by 2024, according to a new report by Grand View Research, Inc. Increasing prevalence of breast cancer and supportive government initiatives to increase awareness are expected to boost demand in the market.

Supportive government initiatives such UK government campaign’s “Be clear on cancer,” which helped in spreading awareness about the risk factors, preventive measures, and early diagnosis of cancer. This campaign also included free screening programs, which helped in diagnosing around 15,000 cancer patients.

Technological advancements in the imaging sector are expected to boost growth in the market. Companies such as Gamma Medica, Dilon Technologies, and SonoCine are completely dedicated to developing improved technologies in the field of breast imaging. The innovation of complimentary products such as the breast pad designed by GE Healthcare to provide comfort to a woman undergoing screening is expected to catalyze the market growth further.

Access Research Report of Breast Imaging Market @ https://www.grandviewresearch.com/industry-analysis/breast-imaging-equipment-market

Further key findings from the report suggest:

• The 3D tomosynthesis segment is identified as the fastest growing segment. This technology offers enhanced efficiency and higher diagnostic accuracy in comparison to other available technologies, which is expected to aid market growth.
• North America is likely to dominate throughout the forecast period with a revenue share of over 30.0% by 2024.Government initiatives including the precision medicine initiative, promotes the development of personalized medicine, which is anticipated to foster market growth.
• Asia Pacific is anticipated to grow at the fastest rate of12.0% over the forecast period. The increasing number of investments in the healthcare sector coupled with the rising awareness of breast cancer and other associated conditions is anticipated to propel the market growth in this region.
• Some major players of the market are Siemens Healthcare, GE Healthcare, Dilon Technologies, Inc., Hologic, Inc., Gamma Medica, Inc., Fujifilm Holdings Corporation, SonoCine, Inc., Philips Healthcare, Toshiba Corporation, and Aurora Imaging Technology, Inc.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global breast imaging market on the basis of technology and region:

Breast Imaging Technology Outlook (Revenue, USD Million; 2013 – 2024)

• Ionizing
  • Full-Field Digital Mammography
  • Analog Mammography
  • Positron Emission Mammography
  • Electric Impedance Tomography
  • Cone-Beam Computed Tomography
  • Positron Emission Tomography & Computed Tomography
  • 3D Breast Tomosynthesis
  • MBI/BSGI
• Non Ionizing
  • MRI
  • Thermography
  • Ultrasound
  • Optical Imaging
  • Automated Whole-Breast Ultrasound

Breast Imaging Regional Outlook (Revenue, USD Million; 2013 – 2024)

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

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Portable X-ray and CT Scan Devices Market Size To Hit USD 8.41 Billion By 2020: Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Portable X-Ray and CT Scan Devices Market Analysis By Product (X-Ray Devices, Mobile X-Ray Devices, Handheld X-Ray Devices, CT Scan Devices), By Technology, By Region, And Segment Forecasts, 2014 – 2020

The global portable CT scan and X-ray device market are expected to reach USD 8.41 billion by 2020. Increasing demand for home healthcare, bedside imaging, and growing use of CT scan to assess the accuracy of medical implants, post interventional medical procedures and anatomical confirmation are key factors driving industry growth.

Rising prevalence of diseases such as cancer, cardiovascular, dental and orthopedic disorder will also augment the growath of the market. Also, an increase in the number of medical implants surgeries owing to unhealthy lifestyle as well as growing base of geriatric population is expected to bolster demand.

The portable X-ray device were dominated by mobile X-ray machines on account of rising demand for core diagnostic and bedside imaging. These device also eliminate the requirement for multiple radiology departments in a healthcare institution, thus promoting industry growth. The handheld X-Ray device market is poised to experience substantial growth over the forecast period owing to high maneuverability and the introduction of products such as NOMAD Pro.

Portable CT scan device market was dominated by the medium slice scanners due to high image resolution capabilities and high usage rates. Medium slice scanner accounted for over 58% of portable CT scan by technology in 2013. Digital radiography, owing to increasing demand for manufacturing filmless X-ray and PACS based radiology device, is identified as the fastest growing technology among the overall market.

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North America is expected to dominate the market demand for these device over the forecast period owing to high expenditure on healthcare, reimbursement framework and sophisticated healthcare infrastructure. However, Asia Pacific is expected to witness the fastest growth, growing at a CAGR of more than 9% owing to improving healthcare infrastructure particularly in emerging economies such as China and India. In addition, the advent of technologically advanced and economical products catering to cost sensitive clientele in the region will fuel the growth of the market.

Supportive government regulations in Asia Pacific promoting manufacturing in the region is expected to drive demand for portable medical machines. Furthermore, low labor cost coupled with abundant tier I companies is projected to propel portable medical machines manufacturing in the region. As a result, product cost is likely to decrease over the forecast period owing to technological advancements which in turn is expected to drive demand, particularly in the emerging economies.

Philips Healthcare was the dominant player in the portable X-ray machines market with a market share of over 17% in 2013. Philips possessed an extensive product portfolio ranging from stationary X-ray systems to digital and portable X-ray systems. Some of the other key players in the industry are Hitachi Medical Systems and Varian Medical Systems, GE Healthcare, and Siemens Healthcare.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global portable X-ray and CT scan device market on the basis of product, technology and region:

Portable X-ray and CT Scan device Product Outlook

• X-Ray device
• Mobile X-Ray device
• Handheld X-Ray device
• CT Scan device

Portable X-ray and CT Scan device Technology Outlook

• X-Ray device
• Analog
• Computed Radiography
• Digital Radiography
• CT Scan device
• Low Slice Scanners
• Medium Slice Scanners
• High Slice Scanners

Portable X-ray and CT Scan device Regional Outlook

• North America
• Europe
• Asia-Pacific
• RoW

 Access Press Release of Portable X-ray and CT Scan Devices Market @ https://www.grandviewresearch.com/press-release/global-portable-x-ray-and-ct-scan-devices-industry

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Transdermal Drug Delivery System Market To Reach $ 81.4 Billion By 2024: Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Transdermal Drug Delivery System Market Analysis By Technology (Electroporation, Radiofrequency, Iontophoresis, Microporation, Thermal, Mechanical Arrays, Ultrasound), By Application (Central Nervous System (CNS), Pain Management, Cardiovascular, Hormone), And Segment Forecasts To 2024

The global transdermal drug delivery system market is expected to reach USD 81.4 billion by 2024, according to a new report by Grand View Research, Inc. The unprecedented global shift in the adoption of unhealthy lifestyles is presumed to be responsible for the high prevalence of chronic diseases, such as cancer and diabetes, which is expected to drive the clinical urgency to incorporate transdermal drug delivery systems in the future treatments. Moreover, the rising geriatric population base, which is highly susceptible to developing the aforementioned chronic diseases are expected to propel the demand for highly efficacious pharmacological drugs. 

The market is driven by technological advancements in transdermal drug delivery devices, which is anticipated to serve the market with future growth opportunities. These advancements include advanced, third-generation, transdermal drug delivery technologies including iontophoresis, ultrasound, and microneedles or mechanical arrays. These technologies serve as effective transdermal drug diffusion alternatives that are capable of improving overall patient health and quality of life. For instance, the advent of matrix-controlled transdermal drug diffusion comprising a drug reservoir and a thermo effector enhances skin permeation and enables controlled drug delivery.  

Access Research Report of Transdermal Drug Delivery System Market @ https://www.grandviewresearch.com/industry-analysis/transdermal-drug-delivery-systems-industry

Further key findings from the study suggest:

• The cardiovascular application segment is expected to exhibit growth at a significant CAGR of over 12.0% during the forecast period. This is a consequence of the high clinical urgency to curb hypertension and the need for precise drug delivery at a constant rate, which has led to the development of transdermal drug delivery systems.
• The mechanical array in the technology segment is anticipated to witness an exponential CAGR of over 12.5%. The lucrative growth is attributed to the availability of different forms of microneedle transdermal systems, such as solid, hollow, and dissolving microneedles, as per the suitability and needs of the patients.
• In 2015, North America dominated the overall Transdermal Drug Delivery System Market at over 50.0%. The consistent number of product launches being undertaken and the continual participation of the prominent players in conducting clinical trials are anticipated to promote the incorporation of transdermal drug delivery systems.
• The key players are increasingly involved in initiating collaborative strategies and frequent product launches to capture a larger market share. For instance, in September 2014, Noven Pharmaceuticals, Inc. received FDA approval for Minivelle, estradiol transdermal system to be used for the prevention of postmenopausal osteoporosis. Furthermore, in June 2015, Boehringer Ingelheim GmbH sponsored the clinical trials, which investigated the bioequivalence of transdermal clonidine administration. 

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the transdermal drug delivery system market on the basis of technology, application, and region:

Global Transdermal Drug Delivery Systems Product Outlook (Revenue, USD Billion, 2013 – 2024)

• Electroporation
• Radiofrequency
• Iontophoresis
• Microporation
• Thermal
• Mechanical arrays
• Ultrasound
• Others

Global Transdermal Drug Delivery Systems Application Outlook (Revenue, USD Billion, 2013 – 2024)

• Central nervous system
• Pain management
• Cardiovascular
• Hormone
• Others

Transdermal Drug Delivery Systems Regional Outlook (Revenue, USD Billion, 2013 – 2024)

• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Access Press Release of Transdermal Drug Delivery System Market @ https://www.grandviewresearch.com/press-release/global-transdermal-drug-delivery-system-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Telemedicine Market Projected To Exhibit Robust CAGR of 15.1% For The Forecast Period From 2020 To 2027: Grand View Research Inc.

San Francisco, 31 Dec 2020: The Report Telemedicine Market Size, Share & Trends Analysis Report By Component, By Delivery Model, By Technology, By Application (Teleradiology, Telepsychiatry), By Type, By End Use, By Region, And Segment Forecasts, 2020 – 2027

The global telemedicine market size is expected to reach USD 155.1 billion by 2027, expanding at a CAGR of 15.1% over the forecast period, according to a new report by Grand View research, Inc. Increasing incidences of chronic conditions and rising demand for self-care medicines are the key factors driving the market. Furthermore, increasing use of internet applications, ease of telemedicine, and rising demand for centralization of healthcare are expected to help save cost, which is one of the critical factors for the telemedicine market growth.

The healthcare industry is enormously huge and its centralization is expected to help in harmonizing the entire process as well as providing economic assistances. The unprecedented outbreak of COVID-19 across the globe has resulted into increased demand for telemedicine solutions, due to lockdown implemented by several countries as a preventive measure to curb the pandemic.

Moreover, owing to their capability to monitor various chronic conditions such as diabetes, cardiovascular conditions, and cancer, telemedicine solutions are expected to experience substantial development in the coming years. Growing prevalence of cardiac conditions, increase in geriatric population, and the constant demand for self-governing by patients are the high impact rendering drivers of this industry.

Telemedicine is helping in reducing the emergency room visits and hospitalization rate, thereby augmenting the market growth. Moreover, improving therapeutic infrastructure, growing post-acute care supervision, and rising demand in the emerging economies are expected to further propel the demand.

Access Research Report of Telemedicine Market @ https://www.grandviewresearch.com/industry-analysis/telemedicine-industry

Further key findings from the study suggest:

• The products sub-segment registered largest revenue share in 2019 due to increasing adoption of remote monitoring devices
• Telemedicine found wide applications in dermatology, psychiatry, intensive care units, emergency care, ophthalmology, and radiology, out of which, teleradiology accounted for the majority of revenue in 2019
• Web/mobile based delivery model is expected to witness significant growth in coming years due to high adoption of smartphones and penetration of internet
• The tele-homecare segment is anticipated to expand at a lucrative CAGR in coming years due to increasing awareness regarding remote healthcare benefits among patients and introduction of advanced technologies to remotely monitor patient’s health
• The provider end-use segment held the dominant share of overall market in 2019. Government initiated healthcare programs across the world are anticipated to propel the adoption of telemedicine solutions by patients and providers in coming years
• North America dominated the global telemedicine market in 2019 and is still dominating as there is high adoption of telehealth solution due to COVID-19 pandemic. Availability of advanced healthcare facilities along with funds for the emergency care delivery in order to stop the spread of the disease is contributing toward regional growth
• Asia Pacific is predicted to witness lucrative growth over the forecast period owing to developing economies such as China and India facing challenges to provide access to patients due to corona outbreak. Economic reforms, booming IT industry, and low functioning costs are the key factors attracting market players in this region
• Some of the key players in the market are IBM; Intel Corporation; Teladoc; Doctor on Demand; iCliniq; Philips Healthcare; McKesson Corporation; AMD Telemedicine; and Cardio Net Inc.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/healthcare-it

Grand View Research has segmented the global telemedicine market by component, technology, application, delivery model, type, end use, and region:

Telemedicine Component Outlook (Revenue, USD Million, 2016 – 2027)

• Product
  • Hardware
  • Software
  • Others
• Services
  • Tele-consulting
  • Tele-monitoring
  • Tele-education

Telemedicine Technology Outlook (Revenue, USD Million, 2016 – 2027)

• Store and Forward
• Real Time
• Others

Telemedicine Application Outlook (Revenue, USD Million, 2016 – 2027)

• Teleradiology
• Telepsychiatry
• Telepathology
• Teledermatology
• Telecardiology
• Others

Telemedicine Delivery Model Outlook (Revenue, USD Million, 2016 – 2027)

• Web/Mobile
  • Telephonic
  • Visualized
• Call Centers

Telemedicine Type Outlook (Revenue, USD Million, 2016 – 2027)

• Tele-hospital
• Tele-home

Telemedicine End Use Outlook (Revenue, USD Million, 2016 – 2027)

• Providers
• Payers
• Patients
• Others

Telemedicine Regional Outlook (Revenue, USD Million, 2016 – 2027)

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

 Access Press Release of Telemedicine Market @ https://www.grandviewresearch.com/press-release/global-telemedicine-industry

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

LED Modular Display Market Expanding At A CAGR 13.2% For The Forecast Period From 2020 To 2027: Grand View Research Inc.

San Francisco, 30 Dec 2020: The Report LED Modular Display Market Size, Share & Trends Analysis Report By Type (Indoor Modular Screens, Outdoor Modular Screens), By Region, And Segment Forecasts, 2020 – 2027

The global LED modular display market size is expected to reach USD 12.59 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 13.2% during the forecast period. The increasing need to display multiple information coupled with the upcoming outdoor events across the developed and emerging economies is expected to drive overall market growth. LED modular display is a flat panel display that integrates the LEDs and the rest of the necessary electronics, that are used as video wall or large format display. They are predominantly used for outdoor and indoor applications such as retail, outdoor sports, and public spaces. Thus, increasing adoption of LED modular displays across several applications such as retail stores, media, and advertising, airports/ railways, sports and entertainment, control room, and auditoriums, among others, will fuel the market growth.

Due to the COVID-19 pandemic, the demand for LED modular displays declined in 2020. However, in the forthcoming years, the demand is expected to increase owing to the resumption of public gathering, outdoor events, sporting events, and business conferences, among others. In July 2020, Shenzhen Absen Optoelectronic Co., Ltd.’s 350-sqm LED displays were deployed at the Dubai World Trade Center for the Dubai Summer Conference. The Ai Everything x Restart Summer conference was the first live in-person global event that was organized after the COVID-19 pandemic. The LED displays included a hanging display and a massive stage backdrop to maximize the presentation and create an immersive environment in the exhibition space.

The Asia Pacific regional market is estimated to expand at the highest CAGR over the forecast period. Retailers operating in Japan, South Korea, and India, among other Asia Pacific economies, are keen on installing large LED display or video walls for advertising purposes and installing such displays outside the retail outlets to attract more customers. Besides, the shipments for LED modular displays are expected to increase in 2021 as the country prepares for the Olympic Games.

Access Research Report of LED Modular Display Market @ https://www.grandviewresearch.com/industry-analysis/led-modular-display-market

LED Modular Display Market Report Highlights

• The indoor modular display segment is projected to expand at the fastest CAGR of 13.6% over the forecast period owing to rising demand for installation in venues, such as indoor arenas, retail stores, hotels, and restaurants
• The European market held the largest share in 2019 as the region has massive adoption of LED modular display technologies in economies such as Germany, Italy, and Belgium
• The large market players are continuously pursuing various initiatives to develop and manufacture large LED modular displays for indoor and outdoor applications

List of Key Players of LED Modular Display Market

• Samsung
• SHENZHEN ABSEN OPTOELECTRONIC CO., LTD
• Yaham Optoelectronics Co., Ltd.
• NEC Display Solutions
• Prismaflex
• Planar (Leyard)
• PixelFLEX
• Pro Display
• Barco
• Sony Corporation

Access Press Release of LED Modular Display Market @ https://www.grandviewresearch.com/press-release/global-led-modular-display-market

Mobile Application Market Projected To Exhibit Robust CAGR of 11.5% For The Forecast Period From 2020 To 2027: Grand View Research Inc.

San Francisco, 30 Dec 2020: The Report Mobile Application Market Size, Share & Trends Analysis Report By Store Type (Google Store, Apple Store), By Application (Gaming, Music & Entertainment, Health & Fitness), By Region, And Segment Forecasts, 2020 – 2027

The global mobile application market size is anticipated to reach USD 366.34 billion by 2027, expanding at a CAGR of 11.5% from 2020 to 2027, according to a new report by Grand View Research, Inc. Increasing focus on maintaining a healthier lifestyle and demand for gaining real-time access to health data to assist users with health management, workout, nutrition and diet, and other forms of physical activities are the major factors driving the market growth. In addition, factors including lowering internet cost, smartphone proliferation, rise in discretionary income, and the resulting increase in in-app purchases, especially with respect to gaming apps, are collectively driving the growth.

Moreover, on-demand live video consultation apps have witnessed increased downloads during the COVID-19 pandemic across the globe. Although remote consultation services showed growth over the past years, there has been a sudden increase in the on-demand live video consultations amidst the prevailing lockdowns. In addition, the negative impact of the COVID-19 pandemic on individuals’ mental health and anxiety levels due to restrictions imposed on the human movement and the fear of getting infected on-premise visit has paved the way for growth in online consultation services. The benefits offered by mobile applications in form of easy user-interface and remote health monitoring have increased healthcare application downloads for health consultations.

In addition to the gaming and healthcare apps, music and entertainment apps also hold lucrative opportunities to generate business revenues. Escalating demand for live streaming apps is expected to be one of the key factors boosting the music & entertainment apps market growth. Live streaming apps such as Netflix, YouTube, and Instagram enable users to broadcast live videos to a broader audience. Also, these apps have become popular among content creators and social media influencers, engaging audiences on a daily basis, and improving the ranking of their channels and accounts. Furthermore, lockdowns imposed worldwide in the wake of the COVID-19 outbreak have positively impacted the growth of OTT applications as people continue to engage in leisure activities. As a result, the average amount of time spent on OTT applications has increased drastically during the pandemic. Therefore, entertainment applications have witnessed a sudden boost in demand. However, the re-opening of economies by governments post the pandemic containment is expected to bring the year-on-year growth in the entertainment app segment to normal levels.

Access Research Report of Mobile Application Market @ https://www.grandviewresearch.com/industry-analysis/mobile-application-market

Mobile Application Market Report Highlights

• The market is anticipated to witness substantial growth during the forecast period due to smartphone proliferation, internet penetration, and the growing usage of machine learning and artificial intelligence technologies in mobile applications (apps)
• The Apple store segment accounted for the largest revenue share in 2019, owing to a higher monetization rate of iOS apps for revenue gained from premium apps and in-app purchases
• The music and entertainment application segment is projected to exhibit significant growth during the forecast period from 2020 to 2027, owing to an increase in demand for live streaming apps such as Netflix, YouTube, and Instagram
• North America dominated the market and accounted for over 30% revenue share in 2019, owing to rising in-app consumer spending, high smartphone penetration, and the presence of numerous players in the region, such as Apple Inc.; Google LLC; Hewlett Packard Enterprise; Netflix Inc.; and Microsoft Corporation

List of Key Players of Mobile Application Market

• Apple Inc.
• Google LLC
• Microsoft Corporation
• Amazon Inc.
• Gameloft SE
• Netflix Inc.
• Practo
• fit
• Ubisoft Entertainment
• Xiaomi Corp.

Access Press Release of Mobile Application Market @ https://www.grandviewresearch.com/press-release/global-mobile-application-market