Rise in Demand of Energy Sustainability, Energy Conservation with Rapid Urbanization, and Increased Wind Turbine Installations to Drive Polymer foam Market over the Forecast Period: Ken Research

Polymer foams are combinations of solid & gas phase together produced by the spreading of gas in a polymer matrix. The resulting foam has polymer matrix either in air tunnels or air bubbles form, which is generally known as open-cell or closed-cell structure. Closed-cell polymer foam is more inflexible in nature as compared to open-cell polymer. Polymer foam is classified as thermoplastics & thermosets. Thermoplastics are flexible in nature & can frequently be broken down or can be recycled but thermosets are inflexible or rigid in nature and difficult to recycle them as they are cross linked. Its production with different density range can be accomplished by various ways like slab-stock by pouring, extrusion, and different forms of molding. These foams are very versatile, mildew resistant, light in weight, dermatologically-friendly and highly durable, that makes them recommendable & safe for customer applications. Some of the other essential properties to polymer foams include superior acoustic absorption, thermal insulators, strength-to-weight ratio, cost-effectiveness, low density, and flexibility.

According to study, “Polymer foam Market By Type (Polyurethane, Polystyrene, PVC, Phenolic, Polyolefin, Melamine and Others) By End Users (Building & Construction, Packaging, Automotive, Furniture and Bedding and others) and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023” some of the major companies that are currently working in the polymer foam market are LANXESS, BASF SE, Huntsman, DowDuPont, SABIC, FIAT, VINCI, Recticel Group, Trecolan GmbH, Toray Industries Inc., Polymer Technologies Inc., LANXESS, Koepp Schaum GmbH, Woodbridge Foam Corporation, Rogers Corporation, UFP Technologies, Volkswagen Group, Sika AG, Armacell International S.A., Kaneka Corp., Arkema, Borealis AG, Thermotech, Borealis AG, Total, Simona America Inc., Sealed Air Corporation, Ineos Styrenics International Sa, JSP Corporation, ACH Foam Technologies Inc., Sekisui Alveo AG, Par Group Ltd., Synthos S.A., Foam Partner Group, Zotefoams PLC, Dyplast Products, Ineos Styrenics International Sa.

Based on type, polymer foam market is segmented into rigid polymer foam and flexible polymer foam. Rigid polymer foams are mainly used as an insulation substance in construction & refrigeration applications. Based on structure, market is defined as open cell foams and closed cell foams. Based on resin type, market is segmented into poly vinyl chloride (PVC) foam, melamine foam, polyurethane (PU) foam, phenolic foam, polystyrene (PS) foam, polyolefin foam and others (PVDF & silicone). PS includes Extruded Polystyrene Foam (XPS) and Expandable Polystyrene Foam (EPS). Polyolefin foam includes Polypropylene Foam (PP), Polyethyelne Foam (PE) and EVA Foam. Moreover, based on end-user, market is segmented into electronics, packaging, automotive, furniture & bedding, building & construction and others (medical, wind energy, refrigerator, aviation & aerospace and marine).

The global polymer foam market is primarily driven by high demand of polymer foam over the Asia-Pacific region. Some of the other driving aspects include energy sustainability & energy conservation and automotive, rapid urbanization, increase in wind turbine installations, increase in rail infrastructure, increasing disposable income, packaging & furniture or bedding applications etc. Apart from the key benefits the major restraint impacting the market include volatility of raw material prices, followed by stringent regulatory approvals requires for production and high pricing pressure. In addition, the other key opportunities associated include growing demand for carbon dioxide based polyols & bio based polyols impacted to support the growth in demand over the forecast period.

For more information, click on the link below:

Polymer foam Market

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Global DevSecOps Market Research Report & Future Outlook To 2023: Ken Research

DevSecOps is the process of applying security in the expansion of applications process. The main aims to auto-mate the security practices and other processes essential for the development of applications. It also helps in reducing the Operational Expenditure (OPEX) with process standardization & automation processes, along with full control and availability of an environment based on need of clients. It provides consumers with the necessary set of tools, enabling the safety teams to competently align with the DevOps team & deliver the necessary security changes, resulting in continuous checking of attacks & defects.

According to study, “Global DevSecOps Market: Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023” major companies currently operating in the global DevSecOps market are Entersoft, Broadcom, Qualys Inc., Micro Focus, Palo Alto Networks Inc., Splunk, IBM Corp., AlgoSec, 4armed Ltd., Rackspace Inc., Aqua Security Software Ltd., Rogue Wave Software Inc., Cyber Ark Software Ltd., Chef Software, WhiteHat Security, Contrast Security, Checkmarx Ltd., Qualys, Dome9 Security Inc., Amazon com Inc., Google Inc., Synopsys Inc., Sumo Logic, Puppet Labs, Continuum Security, Microsoft Corp., Cloudpassage & Halo, Threatmodeler, Sumo Logic, CA Technologies. Companies are adopting the DevSecOps framework to distribute higher levels of security & efficiency in the applications being built.

Based on the module, the DevSecOps market is segmented into services module and solution module. Services and solutions offer retailers with the prospect to align their application security processes using cloud-native application progress and deployment processes to attain a much more security-minded business customs. Services module include managed services and professional services. Based on type of deployment, market is segmented into cloud deployment and on-premise deployment. Cloud-deployed DevSecOps solutions facilitate organizations in deploying their rules in their production process, along with enhanced performance, security, and scalability. The cloud deployment type advantages organizations with increased speed, scalability, enhanced IT security and 24/7 service. Based on size of organization, the market is breakdown into large enterprises organization and small & medium size enterprise organization. Based on vertical industry, market is split into healthcare & life sciences, IT & telecommunications, manufacturing, media & entertainment, retail & consumer goods, BFSI, government & public sector, energy & utilities and others.

The DevSecOps market is primarily driven by increase in focus on security & compliance followed by growing need for high secure & continuous application delivery,need for improving SDLC by reducing the time wasted, rising numbers of security breaches and growing awareness of benefits of Devops among enterprises. Apart from benefits, the key restraint aspect includes huge capital investments, followed by lack of knowledge & expertise. Moreover, the main opportunity for market is huge opportunity for adoption among small & medium enterprises. Furthermore, some of the major challenges adding to dependency on obsolete application development processes and lack of skilled professionals may impact the market.

The Americas holds the major market share of DevSecOps, followed by Europe. The US, UK, Canada, Germany, and France are the key countries in terms of investment on an account of rising security breaches, demand for high-end software products, advanced technology, and government rules & regulations related to security. Asia Pacific region is expected to remain a key market for developing their business & product portfolios. Especially, China, India, Japan, Philippines, Singapore, and other country enterprises are showing attention in the DevSecOps platform. The DevSecOps platform implementation is expected to witness a major speculation over the forecast period.

For more information, refer to below link:-

Global DevSecOps Market

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Significant Landscape of the Global Analytics of Things Market Outlook: Ken Research

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The Internet of Things (IoT) analytics platform could empower a wide variety of the analytics, from the real-time to machine learning and cognitive to edge. Whereas, the new wireless technologies, sensors and mobile devices are propelling the IoT evolution. However, the real business value of the technology deceits in the analytics. Whereas, the automated machine learning can be auxiliary to speedy and simple real-time observing for the identification of the anomalous performance. The advanced analytics can deliver the significant insights that could support in converting the consumer observations, improvement of products and services, optimization of operation, and cost savings on assets. The detailed sets of data removed from the sensors can be associated with the data, such as social data, to vintage a robust appreciative of the operations or a person or a group of personalities.

Although, the players of this market are proactively investing in the improvement of IoT technologies. According to the report analysis, ‘Analytics of Things Market to grow at a CAGR of 28.2% during the forecast period 2017-2023 to reach an aggregrate of USD 23.99 billion by 2023’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share across the globe throughout the forecasted period while increasing the real-time algorithms, efficient employment of skilled workforce and advanced improvement of the platform as a service includes Microsoft, Cisco, SAP, Intel, IBM, Google, AGT International, Accenture, Capgemini, and TIBCO Software.

Additionally, the Analytic of Things (AoT) has become exceedingly appropriate to the few industries such as manufacturing, logistics, and utilities. The analytics is being functional to the power grid systems for unremitting monitoring, proactive administration of power supply, and preventive preservation.

Moreover, many of the manufacturing plants and fleets in logistics previously have the Internet-enabled sensors, and thus such businesses use the analytics. Most of the new business procedures and systems are likely to integrate at least some elements of IoT analytics. Great originalities who have arranged the low cost solutions are likely to organize AoT solutions on cloud.

For instance, the Microsoft has financed on dispensing the features of Microsoft Streaming Analytics to empower the better abstraction of information from sensors in real-time. The IBM has capitalized in enterprise application infrastructure and databases for associated devices. Furthermore, the IoT analytics platform qualifies an organization to shifts its business operations and boom up its revenues. AoT notifies the organizations of any probable problems concomitant with the equipment. Strengths and feebleness of several procedures can be analysed by turning tools and systems into smart devices.

Additionally, with its assertion of cost lessening and operational profficiencies, IoT and analytics is attaining the popularity around all the regions. The North America regions leads the AoT market in terms of market share owing to the growing acceptance of IoT solutions, a well-developed ecosystem, and the existence of foremost IoT players in the market. While the Middle East and Africa region are financing in the AoT in line with their increasing economy and the protuberant oil and gas industry in MEA region, Latin America will observe an augmented investment by IoT players in the next 5 years.

Not only has this, the Federal and Central governments of different countries are incentivizing enhancement of the AoT ecosystem and are encouraging the usage of IoT and related technologies. Therefore, in the coming years, it is predicted that the market of analytics of things will increase across the globe more positively over the recent few years.

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Global Analytics of Things Market

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India POCT Market will be Driven by Increasing Prevalence of Chronic Diseases Coupled with Rising Elderly Population in the Country: Ken Research

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“Rapid Technological Innovations in Medical Devices coupled with Cost Reduction in health Checkups and Quick Diagnosis has driven the POCT Market in India”

The report Titled “India POCT Market Outlook to 2023 - By Major Devices (Blood Glucose Testing Kits, Infectious Disease Testing Kits, Blood Gas Electrolytes, Pregnancy and Fertility Testing Kits, Cardio-Metabolic Monitoring, Anticoagulant Management, Cholesterol Testing Kits, and Others), By End Users (Hospitals & Clinics, Consumers/ Individuals, Diagnostic Labs, Home Healthcare and Others), By Distribution Channel (Distributors and Direct Sales), By Consumables and Instruments and By Region” by Ken Research suggested that the POCT market in India has been growing due to the advancements in medical knowledge and rising R&D in this sector. Moreover, growing awareness and acceptability of POCT devices by individuals and hospitals have also led to the expansion in the market. The market is expected to register a positive CAGR of 11.9% in terms of revenue during the forecast period FY’2018-FY’2023E.

Increasing Number of POCT Companies: Number of companies has started venturing in India POCT market and with a vast scope of innovation and expansion; these new companies have been expanding their product lines into POCT device manufacturing. It has been observed that in FY’2018, over 40% of the companies have started producing these POCT devices domestically including companies such as Alere Medical, Trans Asia Medical, Siemens Healthineers, Trivitron Healthcare, J. Mitra & Co. Pvt. Ltd., UE Life science and others. However the majority of the POCT devices in India are still imported from countries such as the USA, China and Europe owing to better technology and the presence of manufacturing units of global companies.

Automation, miniaturization and diversification of Devices: Devices such as G-5 mobile continuous Glucose Monitoring System (approved by FDA) and Guardian Connect have started being used for monitoring the sugar level through a mobile application for smartphones in 2018, making it convenient for people to access the device through their mobile phones without a separate hardware monitor. The increasing usage of self-tracking devices such as wearable wristbands linked to cloud storage, sleep monitors, blood pressure cuffs and finger stick blood tests has started amongst a certain section of the Indian population which has further boosted the demand for POCT devices in India.

Improved and Combined Network for Data Management and Processing: The POCT devices have started being connected to separate data management systems so that there is centralized control over the data and it is easily accessible at all points of time through a web-based platform. Companies such as Seimens Healthineers, Hemocue, and Abott have connected POCT devices to their data management systems which have to lead to better monitoring of the patient's health by storing the results in a graphical or table format. In addition to this, POCT devices are being monitored and managed through the Laboratory Information System (LIS) and other networks.

Key Segments Covered:-

By Major Devices

Blood Glucose Testing Kits

Infectious Disease Testing Kits

Blood Gas Electrolytes

Pregnancy and Fertility Testing Kits

CardioMetabolic Monitoring

Anticoagulant Management

Cholesterol Testing Kits

Others

By End Users

Hospitals & Clinics

Consumers/ Individuals

Diagnostic Labs

Home Healthcare

Others

By Distribution Channel

Distributors

Direct Sales

By Region

Tier 1 Cities

Tier 2 Cities

Tier 3 Cities

By Consumables and Instruments

Key Target Audience

Point of Care Companies

Hospitals & Clinics

Government organizations

Medical Devices and Equipment companies

Home Healthcare Companies

Time Period Captured in the Report:-

Historical Period: FY’2013-FY’2018

Forecast Period: FY’2018-FY’2023

Companies Covered:-

Abbott India Limited

Roche Diagnostics

Siemens Healthcare Private Limited

Beckman Coulter India Pvt. Ltd.

J Mitra & Co. Pvt. Ltd.

Trans Asia Biomedical

Radiometer India

Bio-Rad Laboratories

DiaSys India

EKF Diagnostics

Renesas Electronics

Triviton Healthcare Private Limited

Becton Dickinson India Private Limited

India Medtronic Private Limited

Keywords:-

AYUSH Registered Doctors India

Point of Care Testing Market India

Point of Care Testing Market in India

India Point of Care Testing Market Size

Point of Care Testing in India

India Rapid Diagnostic Testing

India POCT Devices Import

India POCT Devices Export

Pregnancy and Fertility Testing Kits India POCT

Pregnancy Test Kits Market India

Blood Glucose Monitoring System Market

Number of Diabetes Patients India

Diabetes Prevalence Rate India

Immunoassay Analyzers India

POCT Industry in India

POCT Market in India

For More Information, Refer To Below Link:-

India POCT Market Outlook

Related Reports by Ken Research:-

India Home Healthcare Market Outlook To 2023 - By Patient Profile (Elderly Care, Physiotherapy, Stroke Rehabilitation, Wound Care And Others); By Organized (Subscription And Non-Recurring Model) And Unorganized, By Major Cities

India Diagnostic Laboratories Market Outlook To 2021 Growing Prevalence Of Diseases And Launch Of Technologically Advanced Procedures To Drive Growth

Europe POCT Devices Market Outlook To 2022 - By Geography (Western Europe & Eastern Europe), By Product (Blood Glucose POCT, Infectious POCT, Cardiac POCT, Rapid Coagulation POCT, Blood Gas & Electrolytes POCT, Hematology POCT, Pregnancy POCT, Urinalysis POCT, Cholesterol POCT, Fecal Occult POCT, Hb1ac POCT & Drugs Of Abuse POCT), By Customer Segments (Hospitals & Clinics, Diagnostics Labs & Primary Care Units And Homecare & Patients)

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Ken Research
Ankur Gupta, Head Marketing & Communications
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Increasing Trends In The Global Smart Mirrors Market Outlook: Ken Research

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The term smart mirror mentions to the mirror glasses that are prepared with the several surrounded electronic device and features of connectivity. Many of the popular electronic devices are incorporated in the smart mirrors involve displays, cameras, sensors and connectivity equipment. Not only has this, such mirrors are extensively utilized in numerous industry verticals which includes healthcare, automotive, retail, residential and several others as they are integrated with the other simple devices in order to make them smart and connectable. The smart mirrors come along the touch screen technology and are consumer friendly and straightforwardly to operate. Furthermore, the players of smart mirror market are playing an important role for improving the functioning of smart mirrors across the several industry verticals for generating the high amount of revenue and leading the fastest market growth around the globe more positively throughout the forecasted period.

According to the report analysis, ‘Smart Mirror Market - Global Drivers, Opportunities, Trends, and Forecasts to 2022’ states that there are several key players which are presently functioning in this sector more actively for leading the fastest market growth and dominating the handsome amount of market share across the globe in the coming years more efficiently while offering several services along the smart mirrors at a reasonable price, favorable policies of the government of respective region and attaining the tremendous opportunities includes Gentex Corp., Panasonic, Suera, Samsung, Magna International and several others.

Moreover, the smart mirror suggests an unproblematic experience enabling the consumer to get admittance to the information like they will ultimately get from other devices such as smartphones, laptops, and TV. Whereas, as for now, the consumers are showing their extensive interest in utilizing the technology in integrated mirrors, thereby generating the occasions for both manufacturers and fashion designers to turn up with new innovative ideas to snatch the market share and standout in the competition.

The Global Smart Mirror market is anticipated to reach USD 1,220.3 million by 2022, growing at an extensive CAGR of 14.4% during the forecast period of 2016-2022. Whereas, the smart material market is sectored into self-dimming, self-healing, and self-cleaning mirrors. However, the Self-dimming mirrors control the mainstream of the market share as automobiles are using rear-view mirrors. The surrounded technologies include internet connectivity, RFID, Bluetooth, cameras, touchscreen, etc.The smart material market is anticipated to reach USD 709.4 million by 2022, increase at a CAGR of 16.3%.

Although, the significant increase in the technological advancements in the embedded devices is one of the most efficient aspects for propelling the smart mirrors market. The market is extensively technology driven and hence, the smart mirror suppliers are continuously aimed on delivering the progressive products that can attract more consumers. Moreover, based on the geography, the market of smart mirror is spread across the globe. Whereas, the Europe controls the mainstream of the market share followed by North America. The extensive reception of smart mirror in automobiles, retail and consumer segments is the foremost driver for the growth of the market in these regions. LAMEA has limitations on clothes for the women, decreasing the opportunity for the global suppliers in the retail sector. However, the market for automobiles will be very robust in GCC countries. Therefore, in the coming years, it is predicted that the market of smart mirror will increase around the globe more positively over the forecasted period.

For more information on the research report, refer to below link:

Global Smart Mirror Market

Related reports

https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/foresights-smart-mirror-interactive/152688-95.html

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/north-america-smart/186241-100.html

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Rise in Consumer Behavior Analysis, Followed by Integration of Machine Learning with Increase in Usage of Big Data to Drive Machine Learning as a Service Market over the Forecast Period: Ken Research

Machine learning as a service or MLaaS refers to a variety of services which provide machine learning tools as a division of cloud computing services. These tools contain predictive analytics, data visualization, face recognition, APIs, natural language processing, and deep learning. It is well associated to deal with the complexities of the industrialized industry. The main benefit of MLaaS is that consumer can get started fast with machine learning without downloading & installing some software at their end.

According to study, “Machine Learning as a Service Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023” some of the major companies that are currently working in the machine learning as a service market are Amazon Web Services Inc., Microsoft Corp., Google Inc., Predistron Labs Ltd., IBM Corporation, Fair Isaac Corp. FICO, BigML Inc., AT & T, SAS Institute Inc., H2O.ai, Iflowsoft Solutions Inc., Yottamine Analytics, Fuzzy Ai, Hewlett Packard Enterprise, Sift Science Inc., PurePredictive, Ersatz Labs Inc. Vendors are providing machine learning solutions on a subscription based form, making it easier for the customers to take the benefit of this technology. In addition, companies can improve their product quality, reduce time to market, ensure supply chain efficiency, fulfill reliability standards, and as a result, improve their customer base by the application of machine learning.

Based on component, machine learning as a service market is segmented into cloud based APIs, software tools and web based APIs. Based on deployment mode, market is alienated into on premise deployment mode and on-cloud deployment mode. Based on organization size, market is segmented into large enterprises, medium enterprise and small enterprise. Based on application type, the market is identified as predictive maintenance, risk analytics & fraud detection, security & surveillance, network analytics, computer vision, natural language processing, marketing & advertising and augmented & virtual reality. In addition, based on the end-user industry, market is segmented into manufacturing, energy & utilities, aerospace & defense, public sector, IT & telecom, Banking Financial Services & Insurance (BFSI), retail, healthcare and others.

The machine learning as a service market is primarily driven by rise in consumer behavior analysis, followed by the integration of machine learning with increase in usage of big data and the other technologies, increase in adoption of cloud-based services, high volume of structured and unstructured data, increased application of advanced analytics in manufacturing, the rise importance of predictive & preventive maintenance, and increasing adoption of IoT & automation. Apart from benefits, some of the challenges include need for skilled professional, the dearth of skilled data scientists, and privacy & data security concerns. In addition, an increased application areas and increased adoption of analytical solutions.

The Americas holds the prime market share followed by Asia-Pacific region and Europe, due to rise in demand of enterprise mobility & cloud-based solutions and high implementation rate of machine learning in the manufacturing methods. However, deployment of new technologies and shifting focus toward automation, is expected to reduce cost are expected to drive the APAC region at a more rapidly growth rate. Furthermore, the region has witnessed a remarkable increase in the number of start-ups concerned in the business, which is further increasing the market growth. The global MLaaS market is projected to register a CAGR of regarding 43.46% during 2018-2023 (the estimated period), to reach a worth of US $8.3 billion, by 2023. In near future, it is projected that the future of the market is expected to grow significantly due to presence of large companies, and their immediate market penetration.

For more information, click on the link below:

Machine Learning as a Service Market

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Growing Mobile Gaming Market, Followed by Increased Integration of Augmented Reality Based Mobile Devices to Drive the Augmented Reality (AR) Gaming Market Over the Forecast Period: Ken Research

The augmented reality (AR) provides innovative technology which contains digital information by a composite view to user in the real-time. The AR technology permits gamers to scan physical world using an augmented experience via providing digital information. AR gaming refers to the management of visual & audio content of a game with the customer’s environment. Its main aim is to connect the virtual world with the real world & utilize the existing surroundings to make a playing field with it. The AR operates in devices for instance smart phones, tablets, laptops, and portable gaming systems. It uses the fixed cameras on mobile devices to cover objects & animations into existing worldview. In AR gaming, the occurrence of gaming is characterized into four aspects like emotional, social, mental, and physical. There is an increasing trend of using AR in the entertainment industry which provides a much more interactive way of game play contrasted to traditional game plays. AR Quake is a famous AR games in which the customer has to wear a head-mounted exhibit to play the game. Some other popular AR games are Splitter Critters, Stack AR, Shadows Remain, Pokemon Go, Conduct AR, Arise, Follow Me Dragon, My Tamagotchi Forever and The Machines.

According to study, “Augmented Reality (AR) Gaming Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts to 2023” some of the major companies that are currently working in the augmented reality gaming market are Nintendo Co. Ltd., Aurasma, Gamer, Microsoft Corp., Infinity Augmented Reality, Schneider Electric S.E., ABB Group, Qualcomm, Metaio, Vitaphone GmbH, Total Immersion, Wikitude, Assisted Living Technologies, Inc., VividWorks, Legrand SA, Tunstall Healthcare Ltd., Zappar, Catchoom, Apple, CareTech AB, Siemens AG, Honey International Inc., Augmented Pixels, Blippar, Google Inc., Niantic Inc., Sony Corporation. These key players are investing in the integration of AR technology into their products & providing enhanced gaming features to the consumers.

Based on game types, the augmented reality gaming market is segmented into fighting games, puzzle games, racing games, mystery thriller games, science fiction games, adventure games and shooting games. Based on components, the market is segmented into hardware components and software components. Based on devices, the market is segmented into HMDs, mobiles and smart glasses. Based on technology, the market is segmented as mobile tracking, RFID, GPS and others.

Most of the organizations are extremely investing in higher solutions which combine AR games into mobile devices, enrich business expansion, enable them to improve client experience, and increase revenue during the calculated period. Additionally, the data security breach is one of the key concerns of the market.

The augmented reality gaming market is primarily driven by growing mobile gaming market, followed by increased integration of AR into mobile devices, growing affordability & availability of games in the mobile devices, growing online population, rising demand for IoT-based applications and technology advancements in video gaming. Apart from the major profits, some of the key restraint impacting the market includes high cost of games and lack of content in AR. In addition, increase in research & development or R&D investments in AR is expected to remain a key opportunity to the market.

The AR gaming market is expected to reach US $284.93 billion, by 2023. Over the forecast period it is estimated that the market to increase internet penetration and online gamers globally providing a significant opportunity for the market development.

For more information, refer to below link:-

Global Augmented Reality (AR) Gaming Market

Related Reports:-

Augmented Reality For MRO

Virtual & Augmented Reality in Tourism

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Profitable Landscape of the Us Inhalation Systems Market Outlook: Ken Research

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For the patients, the appearance of the inhaled drug therapy has been a significant advantage with the respiratory disorders such as COPD and the asthma due to its painless and flexible administration when equated to the injections. There are several types of the inhalation systems obtainable in the market, and these involve inhalers and nebulizers. The two greatest frequent prevalent respiratory disorders are the asthma and COPD.

According to the report analysis, ‘US Inhalation Systems Market Forecast up to 2024’ states that there are several key players which are presently functioning in this sector more actively for dominating the highest value of market share and leading the fastest market growth in the short span of time while increasing the prevalence of the respiratory diseases, effective advancements in the technology and decreased in the side effects allied with the drug inhalation includes Omron Corp., Boehringer Ingelheim GmbH, PARI GmbH, Philips Healthcare, Teleflex Incorporated, 3M, AptarGroup, Inc., Agilent Technologies, Inc., AstraZeneca PLC, Inspiro Medical Ltd., Teva Pharmaceutical Industries Ltd., Monaghan Medical Corporation, GlaxoSmithKline plc, Becton Dickinson.

According to the WHO, approximately 235 million people are presently suffering from the asthma, and it is very much general in the children. The Chronic respiratory disease such as asthma and COPD are accountable for the considerable financial and health burden in the US, and in 2015, 6.7% death in the US were owing to the chronic respiratory disorders. Moreover, chronic obstructive pulmonary disease is the third important reason of death around the globe, in 2016 accounting for approximately 3 million deaths. State of West Virginia has the uppermost pervasiveness of COPD, and nearby 12% of the populace are detected with COPD.

However, in the present years, there is an augment in the approvals owing to the acceptance of the systems and also the drug companies are introducing the new inhalation systems and cooperating with the other vendors to enhance the innovative devices in the market. For instance, in February 2017, FDA permitted two products advanced by Teva Pharmaceutical Industries Ltd., ArmonAir RespiClick and AirDuo RespiClick, to delight the adolescent and adult patients with asthma.

Additionally, the US Inhalation Systems Market is predicted to witness an effective CAGR of 5.8% during the forecast period of 2018-2024. Whereas, the market of inhalation systems in US is segmented into different sectors which majorly involves products, applications and end-users. Whereas, based on the end user, the market is further divided into hospitals, ambulatory care centers, and home care centers. For instance, the hospitals attained a major market share in 2017, and home care sector is predicted to increase during the forecast period owing to the ease in the utilization of modern products, less homecare cost, and the accessibility of reimbursement.

Although, the US inhalation systems market is fueled by an upsurge in the prevalence of respiratory diseases, augmenting the geriatric population, and favorable reimbursement. Therefore, in the coming years, it is predicted that the market of inhalation systems in US will increase more positively over the recent few years.

To know more, click on the link below:-

US Inhalation Systems Market

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Ankur Gupta, Head Marketing & Communications

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