Laser Marking Machine Market Outlook On The Basis Of Type, Application, Region And Forecast To 2028 : Grand View Research Inc.

San Francisco, 28 Feb 2022: The Report Laser Marking Machine Market Size, Share & Trends Analysis Report By Type (CO2, Fiber, Green, UV, YAG), By Application (Automotive, Aerospace, Medical, Packaging), By Region, And Segment Forecasts, 2021 – 2028

The global laser marking machine market size is estimated to reach USD 5.03 billion by 2028, expanding at a CAGR of 8.0% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising adoption of advanced marking technologies across industries such as machine tools and aerospace and the growing demand for precision marking on manufactured products to improve product’s traceability are some of the factors driving the market growth. Wide-scale applications in the marking of machine tools and equipment especially in the automotive and semiconductor and electronics industries are anticipated to fuel the market demand from 2020 to 2027.

Governments are implementing regulations for permanent marking on products for identification and traceability purposes across defense as well as healthcare industry. For instance, the U.S. Department of Defense has a MIL-STD-130 standard, under which, the military property comprising weapons, artillery, and other equipment should be marked for tracking purposes. Similarly, in 2007, the Food and Drug Administration (FDA) added the requirement of Unique Device Identification System to Federal Food, Drug, and Cosmetic Act (FD&C Act) by section 226 of the Food and Drug Administration Amendments Act of 2007 (FDAAA). Such stringent government norms across economies are expected to spur the demand for laser marking machines and systems over the forecast period.

Growing focus on factory automation to enhance productivity, conserve energy, and reduce downtime is anticipated to propel the overall market demand. Moreover, emerging economies such as India are the primary markets where the trend for mass production can be witnessed over the next couple of years. Mass production can be carried out with the help of automation technologies and quick rollout assembly lines, hence attributing to the demand for automated laser marking machines. For instance, the demand for smartphones in the country has forced the manufacturers to start the local production or assembly of smartphone components.

On the flip side, the safety and health issues related to the use of laser marking technology acts as a restraint for the market. The most prominent safety issues associated with these machines are burns and smoke. Laser burns are often observed on operators working on CO2 laser engraving and marking machines. Thus, the need for precautionary measures for ensuring safety and health, in turn, increases the operational cost. As a result, factors such as high initial investments, safety and health-related issues, and high operational costs involved in the use of laser marking machines may hamper the market growth of over the forecast period.

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Laser Marking Machine Market Report Highlights

  • The fiber type segment dominated the market in 2019 and is projected to continue its dominance over the forecast period, expanding at a CAGR of 9.8% from 2020 to 2027. It is owing to its extensive use on metals, thus finding prominent share in the automotive, aerospace, and machine tools industry
  • The machine tools segment dominated the market in 2019 and is anticipated to reach USD 1.3 billion by 2027. Increasing demand for robotics and sensors has augmented the need for tool identification and recognition, thus driving the segment growth
  • Asia Pacific region dominated the laser marking machine market with a share of 41.8% in 2019 and is expected to continue its dominance over the forecast period. Growth in the region is primarily driven by the adoption of enhanced manufacturing techniques in the Chinese machine tools industry and the flourishing aerospace & military industry

List of Key Players of the Laser Marking Machine Market

  • Han’s Laser Technology Industry Group Co., Ltd
  • Telesis Technologies, Inc.
  • Videojet Technologies, Inc.
  • Trotec Laser GmbH
  • Epilog Laser
  • TYKMA Electrox, Inc.
  • MECCO
  • LaserStar Technologies Corporation
  • Gravotech Marking
  • Sea Force Co., Ltd.

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Product Lifecycle Management Market In-Depth Research On Basis Of Software, Deployment, End Use, Region And Forecast To 2028  : Grand View Research Inc.

San Francisco, 28 Feb 2022: The Report Product Lifecycle Management Market Size, Share & Trends Analysis Report By Software, By Deployment, By End Use, By Region, And Segment Forecasts, 2021 – 2028

The global product lifecycle management market size is expected to reach USD 43.64 billion by 2028, registering a CAGR of 7.2% from 2021 to 2028, according to a new study by Grand View Research, Inc. The growing need to support complex functionalities, the unabated establishment of smart factories and rollout of smart value chains, and the continued integration of the Internet of Things (IoT) with PLM solutions are some of the main drivers that are expected to drive the growth of the market over the forecast period. Advances in the latest technologies, such as cloud computing and IoT, and the continued rollout of high-speed data networks are expected to contribute to the growth of the market. The aggressive investments being made by the market players in product innovation to deliver the next generation of interoperability and integration capabilities also bode well for the growth of the market.

The PLM market has been witnessing several new developments, over the past few years, particularly in the form of enhanced software capabilities. One of the major developments includes the introduction of IoT-enabled PLM solutions. The integration of IoT with product lifecycle management solutions has helped in enhancing the capabilities of PLM solutions, thereby allowing to obtain the data related to product development and delivery process in real-time and to focus on quality management during the post-manufacturing phase. IoT-compatible PLM software can help in generating large volumes of actionable data, which can be utilized to gain deeper insights into the product development process and identify any early signs of failure of a particular part of the product. Incumbents of several industries and industry verticals are increasingly realizing the benefits of leveraging IoT data for enhancing the lifecycle management of products and services and are hence looking forward to adopting PLM systems with improved capabilities. As such, the growing demand for PLM solutions capable of leveraging IoT data is expected to drive the growth of the market over the forecast period.

Continued advances in the latest IT technologies, such as cloud computing, Artificial Intelligence (AI), and big data, and communication technologies, such as 5G, are expected to open new opportunities for the adoption of PLM solutions in various end-use industries. Several large enterprises are already pursuing a cloud-first strategy for deploying their enterprise software and other systems. At this juncture, market players are also investing aggressively in enhancing the capabilities of their respective PLM software for private, hybrid, and multi-tenant deployments. The PLM cloud deployments are mostly focused on non-conventional industries and SMEs. However, the outbreak of the COVID-19 pandemic is expected to restraint the growth of the market in the short term.

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Product Lifecycle Management (PLM) Market Report Highlights

  • The design and engineering management segment accounted for a significant market share of over 30% in 2020.PLM software is extensively used by manufacturing units to manage the designing, development, and engineering processes in the wake of the continued industrial digitization, rollout of connected value chains, and adoption of Industry 4.0
  • The cloud segment is expected to register the highest growth rate over the forecast period. Cloud deployment offers several benefits, such as improved scalability, flexibility, and security, which are expected to encourage the incumbents of various end-use industries to opt for cloud-based deployment in the long run
  • The automotive and transportation segment is expected to register a promising growth rate from 2021 to 2028. Deployment of PLM solutions is no longer limited to discrete industries as PLM vendors are enhancing the capabilities of their respective PLM software aiming at diverse end-use industries and industry verticals
  • North America accounted for a significant revenue share of over 35% in 2020. The regional market is expected to continue dominating the market over the forecast period in line with the aggressive adoption of next-generation technologies, such as IoT, additive manufacturing, and augmented reality, and telecommunications technologies, such as LTE and 5G

List of Key Players of Product Lifecycle Management (PLM) Market

  • ANSYS, Inc.
  • Aras Corporation
  • Arena Solutions, Inc.
  • Oracle Corporation
  • SAP SE
  • AUTODESK, INC.
  • Siemens AG
  • PTC Inc.
  • DassaultSystèmes
  • Synopsys Inc.

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Podcasting Market Segmented On The Basis Of Genre, Format, Region And Forecast To 2028: Grand View Research Inc.

San Francisco, 28 Feb 2022: The Report Podcasting Market Size, Share & Trends Analysis Report By Genre (News & Politics, Society & Culture, Comedy, Sports), By Format (Interviews, Panels, Solo, Conversational), By Region, And Segment Forecasts, 2021 – 2028

The global podcasting market size is estimated to reach USD 94.88 billion by 2028, expanding at an estimated CAGR of 31.1% from 2021 to 2028, according to a new report by Grand View Research, Inc. Podcasting is an episodic series of digital media, often audio, that can be listened to or watched over the internet or downloaded on a device. The increasing popularity of audio-on-demand platforms is the primary factor driving the market growth. Other factors contributing to the market growth include minimal entry barriers for creators and easy accessibility for users, as they can listen to podcasts while performing tasks such as cleaning, walking, gardening, traveling, or exercising.

The recent evolution of podcasting content, wherein various creators are discussing undebated global scenarios, is bringing about numerous growth opportunities for the market growth. The subscriber base of podcasts pertaining to racism, patriarchy, and political disputes, among others, is significantly growing, thereby encouraging companies and creators to come up with more content that taps diverse audiences. For instance, in February 2020, iHeartMedia Inc. launched a podcast network for the Latino community with an aim to create more Latinx-targeted content. The company also signed a co-production and distribution partnership with ReVolver, a podcast audio network channel, for the development and promotion of high-quality creative podcasts pertaining to the Hispanic community. Meanwhile, challenges such as limited mobile phone storage and low internet connectivity are likely to hinder the market growth over the forecast period.

The COVID-19 pandemic has unfolded new opportunities for the podcasting platform, where many creators are offering content with the sole purpose of educating the global population on the hidden long-term effects of the coronavirus. National public health organizations and private healthcare entities are also releasing podcasts to spread awareness among the masses about the prevention of the virus. For instance, the American Hospital Association (AHA) has released a podcast to talk about community health improvement during and after the COVID-19 pandemic.

Access Research Report of Podcasting Market https://www.grandviewresearch.com/industry-analysis/podcast-market

Podcasting Market Report Highlights

  • Based on genre, the news and politics segment dominated with a revenue share of around 30.0% of the overall market in 2020. The increasing need for receiving updated information on the ongoing COVID-19 pandemic has resulted in the segmental growth
  • Based on format, the solo segment is estimated to account for a reasonable share, expanding at a CAGR of over 30.0% from 2021 to 2028. Market entry is the easiest with this format as the host requires only basic equipment and related software to record podcasts
  • Latin America is projected to record the fastest growth, registering a CAGR of around 35.0% from 2021 to 2028. This can be attributed to the increasing popularity of digital devices coupled with the accessibility of podcasting content offered in Spanish

List of Key Players of the Podcasting Market

  • com, Inc.
  • Apple, Inc.
  • iHeartMedia Inc.
  • Megaphone LLC
  • Pandora Media, LLC
  • Audacy, Inc.
  • Soundcloud Limited
  • Spotify AB
  • Stitcher
  • TuneIn, Inc.

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Alternative Data Market Focusing On The Basis Of Data Type, Industry, End User, Region And Forecast 2028: Grand View Research Inc.

San Francisco, 28 Feb 2022: The Report Alternative Data Market Size, Share & Trends Analysis Report By Data Type (Credit & Debit Card Transactions, Social & Sentiment Data, Mobile Application Usage), By Industry, By End User, By Region, And Segment Forecasts, 2021 – 2028

The global alternative data market size is expected to reach USD 69.36 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 58.5% from 2021 to 2028. The increasing emphasis on gaining alpha from hedge funds is expected to boost the demand for alternative data. The asset managers from hedge funds, mutual funds, private equity funds, pension funds, unit trusts, life insurance companies, and other BFSI entities are highly inclining to use alternative data to derive predictive insights. Moreover, the use of alternative data for risk management processes is expected to drive the market.

Nowadays, data sources are not limited to transactions and email receipts as companies are finding ways to extract data from various emerging sources. These include social media, web traffic, mobile devices, sensors, IoT-based devices, satellites, and e-commerce portals. The data analysts utilize this data in correlation with each other to derive various hidden patterns and insights. However, the data collected from some of these sources conflict with privacy regulations such as the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR). Thus, the data aggregators and end-users need regulatory compliance, which ensures their datasets are free from Personal Identifiable Information (PII).

North America dominated the market in 2020 with a share of more than 68.0% and is estimated to continue dominating the market from 2021 to 2028. The emerging presence of numerous alternative data providers in the U.S is the major driving factor. Companies such as Advan, Eagle Alpha, M Science, and YipitData are providing various types of alternative data, including credit and debit card transactions, email receipts, geo-location (foot traffic) records, mobile usage, satellite, weather data, social and sentiment data, and web scraped data. The acquisitions and partnership initiatives from companies, such as Nasdaq and S&P Global Platts, are further expected to fuel the regional market growth. Asia Pacific is expected to emerge as one of the fastest-growing regional markets over the forecast period. This is due to the rising use cases of alternative data in the BFSI, retail, automotive, and telecommunication industries. The use of alternative data for investments and risk assessment, particularly from companies in emerging economies, such as India and China, is expected to boost the regional market growth.

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Alternative Data Market Report Highlights

  • Amidst the coronavirus pandemic, the companies are using alternative data collected from social media, mobile phones, applications, wearables, and other IoT-based devices to assess changes in consumer behavior patterns related to purchases and interests
  • By data type, the credit and debit card transactions segment is anticipated to exhibit the highest CAGR from 2021 to 2028 owing to the high accuracy of the data type and significant demand from asset managers
  • Based on end user, hedge fund operators held the largest revenue share in 2020 on account of the rising demand for alt data from the investors and firms to identify lucrative investment opportunities and generate alpha
  • The BFSI industry segment is held the largest share in 2020 as the entities such as hedge funds, mutual funds, and insurance companies are the early adopters of alternative data
  • North America dominated the global market and accounted for over 68.0% share of the global revenue in 2020. The region is expected to maintain its lead from 2021 to 2028
  • Emerging economies, such as India, Thailand, Singapore, and China, are expected to drive the Asia Pacific market owing to the rising use cases of alternative data for predictive risk assessment

List of Key Players of Alternative Data Market

  • 1010Data
  • Advan
  • Dataminr
  • Earnest Research
  • M Science
  • Preqin
  • RavenPack
  • Thinknum Alternative Data
  • UBS Evidence Lab
  • YipitData

Access Press Release of Alternative Data Market @ https://www.grandviewresearch.com/press-release/global-alternative-data-market

Factoring Services Market Outlook On The Basis Of Category, Type, Financial Institution, End-Use, Region And Forecast From 2021 to 2028: Grand View Research Inc.

San Francisco, 28 Feb 2022: The Report Social Commerce Market Size, Share & Trends Analysis Report By Business Model (B2C, B2B, C2C), By Product Type (Personal & Beauty Care, Apparel, Accessories), By Region, And Segment Forecasts, 2021 – 2028

The global social commerce market size is expected to reach USD 3,369.8 billion by 2028, according to a study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 28.4% from 2021 to 2028. Social commerce is the incorporation of social media and e-commerce, which is used for selling and promoting products and services. The market is primarily driven by the growing number of social media users, along with rising built-in e-commerce projects. For instance, in March 2019, Instagram launched a checkout feature, which allows users to complete the purchase process without having to leave the app.

The rising adoption of social media platforms or shopping and information exchange is expected to fuel market growth. Moreaover, the COVID-19 outbreak has led to an increase in social media usage worldwide, creating opportunities for the social commerce industry. As users have been spending more time on social media, they have discovered new social media platforms. For example, TikTok has witnessed an addition of over 12 million U.S.-based visitors in March 2020 alone, crossing the 2 billion mark in April.

The market is characterized by a high degree of competition due to the presence of numerous companies operating at a global level. Several social media companies have started offering a platform for retailers to buy or sell products. For instance, Facebook launched Marketplace in 2016 as a platform for people to do business in their local communities. People around the world can discover things they love on Facebook Marketplace and launch a business to earn a living.

Access Research Report of Social Commerce Market https://www.grandviewresearch.com/industry-analysis/social-commerce-market

Social Commerce Market Report Highlights

  • The personal and beauty care segment is anticipated to register a CAGR exceeding 30% over the forecast period owing to the increasing demand in the Asia Pacific
  • The B2C segment held the largest market share of 49.53% in 2020, attributed to the increasing usage of social media platforms for buying and selling products
  • Asia Pacific captured a sizeable market share of 68.47% in 2020, due to the increasing number of social media users in countries such as India and China

List of Key Players of Social Commerce Market

  • Etsy, Inc.
  • Fab
  • Facebook
  • PayPal Payments Private Limited
  • Pinterest; Poshmark, Inc.
  • Reddit Inc.
  • SINA Corp.
  • Taobao (Alibaba.com)
  • Twitter, Inc.

Access Press Release of Social Commerce Market @ https://www.grandviewresearch.com/press-release/global-social-commerce-market

Social Commerce Market Segment Analysis By Business Model, Product Type, Region And Forecast Till 2028: Grand View Research Inc.

San Francisco, 28 Feb 2022: The Report Social Commerce Market Size, Share & Trends Analysis Report By Business Model (B2C, B2B, C2C), By Product Type (Personal & Beauty Care, Apparel, Accessories), By Region, And Segment Forecasts, 2021 – 2028

The global social commerce market size is expected to reach USD 3,369.8 billion by 2028, according to a study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 28.4% from 2021 to 2028. Social commerce is the incorporation of social media and e-commerce, which is used for selling and promoting products and services. The market is primarily driven by the growing number of social media users, along with rising built-in e-commerce projects. For instance, in March 2019, Instagram launched a checkout feature, which allows users to complete the purchase process without having to leave the app.

The rising adoption of social media platforms or shopping and information exchange is expected to fuel market growth. Moreover, the COVID-19 outbreak has led to an increase in social media usage worldwide, creating opportunities for the social commerce industry. As users have been spending more time on social media, they have discovered new social media platforms. For example, TikTok has witnessed an addition of over 12 million U.S.-based visitors in March 2020 alone, crossing the 2 billion mark in April.

The market is characterized by a high degree of competition due to the presence of numerous companies operating at a global level. Several social media companies have started offering a platform for retailers to buy or sell products. For instance, Facebook launched Marketplace in 2016 as a platform for people to do business in their local communities. People around the world can discover things they love on Facebook Marketplace and launch a business to earn a living.

Access Research Report of Social Commerce Market https://www.grandviewresearch.com/industry-analysis/social-commerce-market

Social Commerce Market Report Highlights

  • The personal and beauty care segment is anticipated to register a CAGR exceeding 30% over the forecast period owing to the increasing demand in the Asia Pacific
  • The B2C segment held the largest market share of 49.53% in 2020, attributed to the increasing usage of social media platforms for buying and selling products
  • Asia Pacific captured a sizeable market share of 68.47% in 2020, due to the increasing number of social media users in countries such as India and China

List of Key Players of Social Commerce Market

  • Etsy, Inc.
  • Fab
  • Facebook
  • PayPal Payments Private Limited
  • Pinterest; Poshmark, Inc.
  • Reddit Inc.
  • SINA Corp.
  • Taobao (Alibaba.com)
  • Twitter, Inc.

Access Press Release of Social Commerce Market @ https://www.grandviewresearch.com/press-release/global-social-commerce-market

Refractive Surgery Devices Market Segmented On The Basis Of Application, Product, End Use, Region And Forecast 2028: Grand View Research Inc.

San Francisco, 28 Feb 2022: The Report Refractive Surgery Devices Market Size, Share & Trends Analysis Report By Application (Myopia, Astigmatism), By Product (Lasers, Aberrometers), By End Use (Hospitals, Ambulatory Surgery Centers), And Segment Forecasts, 2021 – 2028

The global refractive surgery devices market size is expected to reach USD 290.8 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.7% from 2021 to 2028. As a result of the COVID-19 pandemic, consumers have started spending more time on digital devices. The trend of working from home has contributed to an increase in eyestrain, dry eye, and myopia. Furthermore, the growth of the geriatric population has increased the demand for refractive surgery devices. According to the National Institute on Aging (NIA), the geriatric population would be about 72 million individuals by 2030.

Refractive surgery allows a person to be more independent by eliminating the need for spectacles or contact lenses. Consumers have managed their personal spending and emphasized health and wellbeing during the pandemic, which has increased the demand for refractive surgery devices. Whereas the market for refractive surgery devices is being hindered in developing countries due to a shortage of surgical equipment to address refractive defects.

Many companies in the refractive surgery devices sector have moved their focus to the development of advanced refractive surgery devices and are conducting various research programs for the same. As per the World Health Organization, the cost of uncorrected refractive error in terms of direct and indirect global productivity loss is estimated to be USD 269 billion. Myopia is the leading cause of distance refractive error, according to current estimations and demographic trends, and will likely remain so in the future. Therefore, a growing unaddressed patient pool with refractive errors is expected to contribute to the demand for refractive surgery, which is expected to propel the overall market growth.

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Refractive Surgery Devices Market Report Highlights

  • By application, the myopia segment held the largest share of 27.1% in 2020 and is anticipated to grow at a moderate rate during the forecast period due to an increase in the cases of myopia globally
  • Based on product, the lasers segment dominated the market with a revenue share of 34.9% in 2020 and is expected to grow at the fastest rate during the forecast period as it is a safest and quickest refractive surgery
  • In terms of end use, ambulatory surgical centers are expected to exhibit the highest growth rate during the forecast period due to the convenience, closeness, and reduced costs for patients and insurer
  • The hospitals end-use segment held the largest share of nearly 37.0% in 2020  due to the growing number of hospitals in emerging countries and the adoption of refractive surgery devices
  • In Asia Pacific, the market is expected to register the fastest growth rate of 10.0% over the forecast period due to the rising number of optical disorders in the region

 List of Key Players of Refractive Surgery Devices Market

  • Johnson & Johnson Services, Inc.
  • Carl Zeiss Meditec AG
  • Alcon
  • Bausch & Lomb Incorporated
  • Quantel Medical
  • TOPCON CORPORATION
  • Essilor
  • NIDEK CO., LTD.
  • SCHWIND eye-tech-solutions

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Automotive Infotainment Market Trends Analysis Report By Product Type, Fit Type, Vehicle Type, Region And Forecast To 2028 : Grand View Research Inc.

San Francisco, 25 Feb 2022: The Report Automotive Infotainment Market Size, Share & Trends Analysis Report By Product Type (Heads-up Display, Navigation Unit, Display Unit), By Fit Type, By Vehicle Type, By Region, And Segment Forecasts, 2021 – 2028

The global automotive infotainment market size is expected to reach USD 12.57 billion by 2028, registering a CAGR of 8.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increasing demand for autonomous vehicle technology, automotive cockpit electronics, and advanced safety features such as advanced driver assistance systems is anticipated to drive the growth. The growing demand for enhanced in-vehicle experience and shifting consumer buying behavior and the worldwide expansion of the luxury and premium car segments are also likely to fuel the growth of the market.

The growing number of millennials opting for small and medium-sized cars is expected to boost the growth of the market growth. Furthermore, consumers are inclined to buy these cars, compared to premium cars, owing to their cost-effectiveness. In addition to this, the introduction of medium-sized SUVs has further encouraged the market growth as consumers can buy a bigger-sized vehicle at a lower cost.

Automotive infotainment technology is expected to gain significant demand as major automotive components and solution providers are engaging in developing complete automotive infotainment solutions. For instance, in May 2021, BMW AG announced iDrive 8, the latest infotainment system for its vehicles. The new iDrive 8 provides enhanced voice-recognition software and a massive touchscreen with multiple new features. It will be initially debuted on the new electric i4 sedan and iX SUV.

The introduction of Artificial Intelligence (AI)-based infotainment systems is also expected to contribute to the market growth. However, the market is characterized by a negligible regulatory framework regarding product manufacturing, resulting in counterfeit and low-quality products. Such negative trends are expected to hinder the market growth.

Emerging economies such as China and India are expected to contribute significantly to the growth of the market for automotive infotainment. The development is characterized by the increase in the adoption of mid-sized cars, which enables automotive companies to offer infotainment products for this car segment.

Access Research Report of Automotive Infotainment Market https://www.grandviewresearch.com/industry-analysis/automotive-infotainment-systems-market

Automotive Infotainment Market Report Highlights

  • The head-up display segment is expected to expand at the highest CAGR of around 10% over the forecast period owing to the integration of augmented reality for enhanced safety and driving experience
  • The OF fitted segment dominated the market in 2020 and is anticipated to generate over USD 9.6 billion by 2028 owing to the benefits such as easier servicing and maintenance
  • The passenger car segment accounted for the largest revenue share of around 80% of the overall market in 2020. The increasing demand for connected car features in passenger vehicles and the onset of autonomous vehicles are expected to drive the growth of this segment
  • Asia Pacific accounted for the largest market share in 2020. The regional market growth can be attributed to the increased production and sales of passenger vehicles in the region

List of Key Players in the Automotive Infotainment Market

  • Alpine Electronics
  • Clarion Co., Ltd.
  • Continental AG
  • Delphi Automotive PLC
  • Denso Corporation
  • Harman International
  • JVC KENWOOD Corporation
  • Panasonic Corporation
  • Pioneer Corporation
  • Visteon Corporation

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Webcam Market Outlook On The Basis Of Product, Technology, Distribution Channel, End Use, Region And Forecast To 2028  : Grand View Research Inc.

San Francisco, 25 Feb 2022: The Report Webcam Market Size, Share & Trends Analysis Report By Product (USB, Wireless), By Technology (Analog, Digital), By Distribution Channel, By End Use, By Region, And Segment Forecasts, 2021 – 2028

The global webcam market size is expected to reach USD 18.1 billion by 2028, registering a CAGR of 12.9% from 2021 to 2028, according to a new report by Grand View Research, Inc. Factors such as the rising concern regarding security and surveillance, increasing emphasis on virtual meetings across the commercial sector, and continuous product innovations are expected to support the growth of the market.

The market has also benefitted from the continual advancements in technology, allowing for better recording, zoom quality, and better streaming. An increasing number of webcams in the market incorporate advanced features such as 1080p resolution, 60 fps video streaming, auto light correction, and autofocus, targeting emerging customers such as video-streamers and professional gamers. Advanced features such as these also facilitate the application of webcams in smart home security systems for remote surveillance.

Furthermore, state-of-the-art web cameras are finding increased demand across telehealth services. Healthcare professionals deploy webcams to examine and prescribe medicines to patients living in remote or distant locations. For instance, Secure Telehealth, a web-based platform provider for telemental health, collaborated with Logitech. Under the collaboration, the company deployed cost-effective and high-resolution Logitech webcams to offer remote mental health services to patients from distant geographies.

The COVID-19 pandemic has created an unprecedented demand for web cameras worldwide. The adoption of hybrid business models and remote working models in the enterprise sector has helped open promising opportunities for the market. In 2020, leading market participants, including Logitech, have witnessed more than 100% sales compared to the previous year, thanks to the notable rise in video conferencing and connecting virtually with peers and family members. Moreover, webcams played a prominent part in ensuring seamless access to K-12 education activities at the global level. Online education was promoted for continuing curriculums without any disruptions in the knowledge transfer between teachers and students.

Access Research Report of Webcam Market https://www.grandviewresearch.com/industry-analysis/webcams-market

Webcam Market Report Highlights

  • In terms of technology, the digital segment is likely to witness the fastest CAGR of nearly 15.0% over the forecast period. This can be attributed to the soaring demand for better image quality and more video coverage area
  • In terms of product, the wireless segment is expected to witness the fastest growth. Volume-wise, the segment is expected to register a CAGR of close to 20% over the forecast period owing to benefits such as portability and better ease of use as compared to USB webcams
  • In terms of end use, the security and surveillance segment captured a revenue share of nearly 20% in 2020 with the rising need for real-time monitoring to detect uncertain movement and alerting about unexpected events
  • North America dominated in 2020 and accounted for a revenue share of over 35% of the overall market. This can be attributed to the early adoption of the latest technologies by the consumers based in this region

List of Key Players of Webcam Market

  • Logitech
  • Microsoft
  • Canon, Inc.
  • Cisco Systems, Inc.
  • Sony Corporation
  • Razer, Inc.

Access Press Release of Webcam Market @ https://www.grandviewresearch.com/press-release/global-webcams-market

Anime Market In-Depth Research On Basis Of Type, Region And Forecast To 2028  : Grand View Research Inc.

San Francisco, 25 Feb 2022: The Report Anime Market Size, Share & Trends Analysis Report By Type (T.V., Movie, Video, Internet Distribution, Merchandising, Music), By Region, And Segment Forecasts, 2021 – 2028

The global anime market size is expected to reach USD 48.03 billion by 2028, registering a CAGR of 9.5% from 2021 to 2028, according to a new study by Grand View Research, Inc. The growth of the market can be attributed to the rising popularity of anime content worldwide. The launch of application games and the growing preference for online distribution of anime content, which are accounting for a major share of overseas sales, are expected to contribute to the growth. Meanwhile, anime companies are aggressively opting for various digital channels to release their content as theaters remain closed in the wake of the outbreak of the COVID-19 pandemic in most of the regions across the world.

Advances in technology are allowing anime content developers to enhance the capabilities of their solutions. Anime content developers are particularly investing in developing advanced pre-production and post-production tools. As such, the continued adoption of the latest technologies, such as blockchain and Artificial Intelligence (AI), in anime gaming to improve the overall gaming experience is expected to play a decisive role in driving the growth of the market over the forecast period.

The fan base of anime content has been growing worldwide. Some of the anime series, such as Naruto, One Piece, Hunter X Hunter, and Dragon Ball Z, are getting immensely popular. Anime comics, popularly known as manga, are also gaining popularity among anime fans across the world. This is prompting anime content developers to develop high-quality anime content and unique characters, which can play a vital role in the development of children at an early age.

Access Research Report of Anime Market https://www.grandviewresearch.com/industry-analysis/anime-market

Anime Market Report Highlights

  • Leading anime companies are developing anime series and movies that can potentially help children in developing their problem-solving, cognitive, and social skills
  • The unabated rollout of high-speed data networks is driving the popularity of anime video games
  • The rising popularity of digital media and the growing preference for different streaming solutions and services are opening lucrative opportunities for anime content developers
  • Market players are aggressively focusing on releasing anime movies or anime series in high-resolution and with high-quality audio

List of Key Players of Anime Market

  • Bones Inc.
  • Kyoto Animation Co., Ltd.
  • Madhouse Inc.
  • Production I.G, Inc.
  • Toei Animation Co., Ltd.

Access Press Release of Anime Market @ https://www.grandviewresearch.com/press-release/global-anime-market

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