Category: Press Release

Evolve Business Intelligence has published a research report on the Global Pre-Engineered Buildings Market, 2023–2033. The global Pre-Engineered Buildings Market is projected to exhibit a CAGR of around 11.85% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Pre-Engineered Buildings Market: Bluescope, Zamil Steel Holding Company, Kirby Building Systems, Nucor Corporation, NCI Building Systems, Lindab Group, Everest Industries, PEB Steel, John Reid & Sons and ATCO.

More Information: https://evolvebi.com/report/pre-engineered-buildings-market-analysis/

Market Highlights

The Global Pre-Engineered Buildings Market is projected to be valued at USD 31.24 Billion by 2033, recording a CAGR of around 11.85% during the forecast period. The Pre-Engineered Buildings (PEB) Market refers to the sector focused on the design, manufacturing, and installation of pre-engineered buildings. These buildings are constructed using a pre-designed set of materials and components, typically made of steel, which are fabricated in a factory and then assembled on-site.

The PEB market is continuously evolving with advancements in technology and materials, driving the development of more efficient and innovative building solutions.

The COVID-19 pandemic had a significant impact on the Pre-Engineered Buildings (PEB) Market. The pandemic caused disruptions in the supply of raw materials, such as steel, due to factory shutdowns and transportation restrictions. Global and local transportation faced delays, affecting the delivery of pre-engineered components and materials. Lockdowns and social distancing measures led to the suspension of many construction projects, delaying the installation of PEBs. Restrictions on movement and health concerns affected the availability of labor, slowing down construction and assembly processes. There was an increased demand for temporary structures, such as field hospitals and quarantine centers, which could be rapidly deployed using PEB technology. The pandemic accelerated the adoption of digital tools and technologies in the construction industry, including Building Information Modeling (BIM) and remote project management, which can enhance the efficiency of PEB projects. The focus on sustainability and green building practices gained prominence, with PEBs being seen as a more sustainable and efficient building option.

Segmental Analysis

The global Pre-Engineered Buildings Market has been segmented based on Structure and Application.

Based on Structure, the Pre-Engineered Buildings Market is segmented into Single-story, Multi-story and Others. The Single-story segment is anticipated to dominate the market.

Based on Application, the global Pre-Engineered Buildings Market has been divided into Warehouses & Industrial, Infrastructure, Commercial and Others. The Warehouses & Industrial segment is anticipated to dominate the market.

More Information: https://evolvebi.com/report/pre-engineered-buildings-market-analysis/

Regional Analysis

The Pre-Engineered Buildings Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. The North American PEB market is well-established, with significant demand driven by industrial, commercial, and warehouse applications. Urbanization, industrial expansion, and the focus on sustainable construction practices contribute to market growth and there is increasing interest in energy-efficient and environmentally friendly building solutions, including smart PEBs with integrated technologies. Europe has a mature PEB market with a strong focus on sustainability and green building practices. There is a growing emphasis on innovative and sustainable construction methods, including the use of advanced materials and energy-efficient designs. The Asia-Pacific region is experiencing rapid growth in the PEB market, driven by rapid urbanization and industrialization. There is a significant focus on expanding industrial facilities, commercial spaces, and logistics infrastructure. Emerging markets in countries like India, China, and Southeast Asia are key growth areas. The PEB market in Latin America is growing, with a focus on industrial and commercial applications. There is an increasing interest in cost-effective and durable building solutions, with a focus on infrastructure development and industrial expansion. The PEB market in the Middle East and Africa is expanding, driven by infrastructure projects and industrial growth. The region is seeing growth in the construction of warehouses, commercial buildings, and temporary structures. There is also a focus on sustainable and energy-efficient building solutions.

Evolve Business Intelligence has published a research report on the Global Serverless Architecture Market, 2023–2033. The global Serverless Architecture Market is projected to exhibit a CAGR of around 22.47% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Serverless Architecture Market: Alibaba Group, Amazon Web Services, Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems Inc., Rackspace Inc., Tibco Software and Twilio.

More Information: https://evolvebi.com/report/serverless-architecture-market-analysis/

Market Highlights

The Global Serverless Architecture Market is projected to be valued at USD 16.35 Billion by 2033, recording a CAGR of around 22.47% during the forecast period. The Serverless Architecture Market refers to the market segment focused on the adoption, implementation, and use of serverless computing or function-as-a-service (FaaS) platforms and services. In a serverless architecture, developers can build and run applications and services without managing the underlying infrastructure. This is achieved by using cloud service providers who automatically allocate resources as needed, allowing developers to focus solely on writing code.

The serverless architecture market is expanding rapidly as organizations seek to leverage the benefits of cloud-native development, reduce costs, and increase agility in software delivery. The market growth is driven by rising demand for scalable and cost-effective applications, need for faster time-to-market and increased focus on developer productivity.

The COVID-19 pandemic had a significant impact on the Serverless Architecture Market. The pandemic forced many businesses to shift to remote work and rely heavily on digital services, leading to increased demand for scalable and reliable cloud solutions, including serverless architecture. The need for quick deployment of new applications and services to support remote work, e-commerce, online education, telehealth, and other digital services drove businesses to adopt serverless computing for its rapid development and deployment capabilities. The pandemic highlighted the importance of business continuity and resilience. Serverless architecture enabled companies to build more resilient applications that could adapt to changing conditions without significant infrastructure overhead. Organizations used serverless to quickly experiment with new ideas and bring innovative solutions to market faster, helping them stay competitive during the pandemic. As more critical applications moved to serverless, concerns about security and compliance became more prominent. Providers and users had to ensure that serverless implementations met stringent security standards.

Segmental Analysis

The global Serverless Architecture Market has been segmented based on Organization Size, Deployment Modal, Application and Vertical.

Based on Organization Size, the Serverless Architecture Market is segmented into Large Enterprises and SMEs. The Large Enterprises segment is anticipated to dominate the market.

Based on Deployment Modal, the global Serverless Architecture Market has been divided into Private Cloud and Public Cloud. The Private Cloud segment is anticipated to dominate the market.

Based on Application, the global Serverless Architecture Market has been divided into Real-time file processing, Web Application Development, IoT Backend and Others. The Real-time file processing segment is anticipated to dominate the market.

Based on Vertical, the global Serverless Architecture Market has been divided into BFSI, IT & telecom, Healthcare, Manufacturing, Media & Entertainment and Others. The Healthcare segment is anticipated to dominate the market.

More Information: https://evolvebi.com/report/serverless-architecture-market-analysis/

Regional Analysis

The Serverless Architecture Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America, particularly the United States, has a well-established cloud infrastructure, driven by major cloud service providers like AWS, Microsoft Azure, and Google Cloud. Many enterprises in North America are rapidly adopting digital transformation initiatives, leading to increased use of serverless architectures. The presence of a robust tech ecosystem, including numerous startups and tech giants, drives innovation and adoption of serverless computing. Europe is seeing significant growth in cloud adoption, with many organizations moving towards serverless architectures to leverage the benefits of cloud computing. European businesses are focusing on efficiency and cost reduction, making serverless architecture an attractive option. Rapid digitalization in countries like China, India, and Southeast Asia is driving the adoption of serverless architectures. The surge in e-commerce and mobile internet usage creates demand for scalable and efficient backend solutions, which serverless architectures provide. Latin America is experiencing a steady increase in cloud adoption, driven by digital transformation initiatives across various sectors. The rise of tech startups in the region is fostering innovation and adoption of modern technologies, including serverless computing. Governments and enterprises in the Middle East are actively pursuing digital transformation initiatives, boosting the adoption of cloud and serverless technologies. Investment in smart city projects and digital infrastructure is creating opportunities for serverless architecture adoption.

Evolve Business Intelligence has published a research report on the Global Deception Technology Market, 2023–2033. The global Deception Technology market is projected to exhibit a CAGR of around 14.75%during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Deception Technology Market: Rapid7, LogRhythm, TrapX Security, Attivo Networks, Illusive Networks, Cymmetria, GuardiCore, Allure Security Technology, TopSpin Security, VArmour

More Information: https://evolvebi.com/report/deception-technology-market-analysis/

Market Highlights

The Global Deception Technology market is projected to be valued at USD 4.75 Billion by 2033, recording a CAGR of around 14.75% during the forecast period. The deception technology market focuses on solutions designed to detect, analyze, and mitigate cyber threats by creating decoys and traps that lure attackers away from real assets. These technologies simulate vulnerabilities and sensitive data to confuse and monitor malicious actors, providing early detection and valuable insights into their tactics. Deception technologies enhance traditional security measures by adding an additional layer of protection, improving incident response, and reducing the risk of data breaches. The market includes various products such as honeypots, decoy systems, and threat intelligence platforms. It’s driven by the growing sophistication of cyber threats and the need for proactive defense strategies.

The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the Deception Technology market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company.

Segmental Analysis

The global Deception Technology market has been segmented based on Deployment Mode, Organization Size , Deception Stack, Vertical

Based on the Deployment Mode, the market is segmented based on Cloud, On-premises. On-premises deployment often dominates due to its ability to offer greater control, customization, and integration with existing infrastructure, which is preferred by organizations with complex or sensitive security requirements.

Based on Organization Size , the market has been divided into Small and Medium Enterprises, Large enterprises. Large enterprises typically dominate due to their greater resources, higher risk exposure, and more complex security needs, which drive significant investment in advanced security solutions.

Based on the Deception Stack, the market has been divided into Deception Stack security, Data Security, Endpoint security, Network security. Network security often dominates due to its broad application across various network layers and its effectiveness in detecting and mitigating advanced persistent threats and intrusions

Based on Vertical, the market has been divided into Banking, Financial Services, and Insurance, Energy & utilities, Government, Healthcare, Manufacturing, Retail, Others. the Banking, Financial Services, and Insurance (BFSI) sector typically dominates due to its high value of sensitive data and the significant impact of cyber threats on financial institutions.

More Information: https://evolvebi.com/report/deception-technology-market-analysis/

Regional Analysis

The Deception Technology market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. The North American region holds a dominant position in the Deception Technology market. Due to its dominant market share, the deception technology market is dominated by the North American region. This is a result of the rapid advancement of deception technology in nations like the United States and Canada, which have high rates of newly established firms. Europe has the second-largest market share of deception technologies worldwide, after North America. The Asia-Pacific region is witnessing rapid growth and emerging as a significant market for the Deception Technology industry. The market for deception technology is expanding favorably in the Asia-Pacific area as a result of the expansion of network security infrastructure in several IT and telecommunications-related nations, including China, Japan, India, South Korea, and many more.

Evolve Business Intelligence has published a research report on the Global Commerce Cloud Market, 2023–2033. The global Commerce Cloud Market is projected to exhibit a CAGR of around 16.75% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Commerce Cloud Market: IBM Corp., Oracle Corp., SAP SE, com Inc., BigCommerce Pty Ltd., Digital River Inc., Apttus Corp., Elastic Path Software Inc., Shopify Inc. and Magneto Inc.

More Information: https://evolvebi.com/report/commerce-cloud-market-analysis/

Market Highlights

The Global Commerce Cloud Market is projected to be valued at USD 66.87 Billion by 2033, recording a CAGR of around 16.75% during the forecast period. The Commerce Cloud Market refers to the industry segment focused on cloud-based e-commerce solutions and platforms. These solutions enable businesses to manage their online sales, marketing, and customer service operations through cloud computing technology.

The Commerce Cloud Market is driven by the increasing adoption of e-commerce by businesses of all sizes, the growing demand for seamless customer experiences, and the need for more efficient and flexible IT solutions.

The COVID-19 pandemic had a significant impact on the Commerce Cloud Market. With lockdowns and social distancing measures in place, consumers shifted from physical stores to online shopping. This led to increased demand for robust e-commerce platforms that could handle higher traffic and offer seamless shopping experiences. The sudden surge in online demand required businesses to scale their operations efficiently. Commerce cloud solutions provided the necessary scalability and flexibility, allowing businesses to adjust their capabilities in real-time without significant infrastructure investment. With the rise in online transactions, security became a top priority. Commerce cloud providers strengthened their security measures to protect customer data and ensure safe transactions, which boosted confidence in online shopping. Many SMEs turned to commerce cloud solutions to quickly set up online stores, benefiting from the lower entry costs and ease of use provided by cloud-based platforms.

Segmental Analysis

The global Commerce Cloud Market has been segmented based on Enterprise Size, Application and Component.

Based on Enterprise Size, the Commerce Cloud Market is segmented into Small & Medium Enterprise and Large Enterprise. The Large Enterprise segment is anticipated to dominate the market.

Based on Application, the global Commerce Cloud Market has been divided into Fashion & Apparel, Grocery & Pharmaceuticals, Travel & Hospitality, Electronics, Bookstore & Furniture, Beauty & Cosmetics and Others. The Fashion & Apparel segment is anticipated to dominate the market.

Based on Component, the global Commerce Cloud Market has been divided into Platform and Services. The Platform segment is anticipated to dominate the market.

More Information: https://evolvebi.com/report/commerce-cloud-market-analysis/

Regional Analysis

The Commerce Cloud Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America is a highly mature market for commerce cloud solutions, with widespread internet penetration and advanced technological infrastructure. The region is characterized by rapid adoption of new technologies such as AI, machine learning, and advanced analytics to enhance e-commerce platforms. Businesses are increasingly focused on delivering seamless omnichannel experiences to meet high consumer expectations. Europe consists of diverse markets with varying levels of digital maturity. Western Europe is more advanced, while Eastern Europe is rapidly growing. The market is heavily influenced by regulations like the General Data Protection Regulation (GDPR), impacting how commerce cloud solutions handle data privacy and security. The Asia-Pacific region is experiencing rapid growth, driven by increasing internet penetration, smartphone adoption, and a burgeoning middle class. Mobile commerce is particularly strong in this region, with consumers frequently using smartphones for online shopping. Latin America offers significant growth potential due to increasing internet access and a growing interest in online shopping. There is an opportunity for commerce cloud providers to offer solutions tailored to the specific needs and preferences of consumers in the region. The Commerce Cloud Market in the Middle East and Africa is still in its early stages but is growing steadily due to improving internet infrastructure and digital initiatives. A young, tech-savvy population is driving the adoption of online shopping and digital solutions.

Evolve Business Intelligence has published a research report on the Global Application Performance Monitoring Market, 2023–2033. The global Application Performance Monitoring Market is projected to exhibit a CAGR of around 6.54% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Application Performance Monitoring Market: IBM, HP, CA technology, Compuware, Dell, Riverbed Technology, Microsoft, AppDynamics, New Relic and Oracle Corporation.

More Information: https://evolvebi.com/report/application-performance-monitoring-market-analysis/

Market Highlights

The Global Application Performance Monitoring Market is projected to be valued at USD 35.36 Billion by 2033, recording a CAGR of around 6.54% during the forecast period. The Application Performance Monitoring (APM) Market refers to the sector of the technology industry that provides tools and solutions designed to monitor, manage, and optimize the performance of software applications. APM tools help organizations ensure that their applications are running smoothly and efficiently by tracking various performance metrics, identifying bottlenecks, and diagnosing issues.

The APM market continues to grow as organizations increasingly rely on digital applications for their operations and customer interactions.

The COVID-19 pandemic had a significant impact on the Application Performance Monitoring (APM) Market. With the pandemic forcing many businesses to adopt remote work and digital solutions rapidly, there was a surge in the use of online platforms and applications. This increased the demand for APM tools to ensure that applications remained operational and performant. The shift to remote work required businesses to ensure that their remote-access applications and collaboration tools performed efficiently, further driving the need for APM solutions. The pandemic accelerated the adoption of hybrid and multi-cloud environments, increasing the complexity of application infrastructures. APM tools became crucial in managing performance across these diverse environments. The increased reliance on cloud services during the pandemic drove growth in the cloud-based APM market. Many organizations adopted cloud-native APM solutions to monitor applications running in cloud environments. With more users relying on digital platforms for essential services, businesses placed a greater emphasis on user experience. APM tools helped organizations monitor and optimize application performance to meet elevated user expectations. The pandemic expanded the APM market across various sectors, including healthcare, e-commerce, and financial services, as these industries saw increased digital activity and needed robust monitoring solutions.

Segmental Analysis

The global Application Performance Monitoring Market has been segmented based on Platform Type, Vertical, and Access Type.

Based on Platform Type, the Application Performance Monitoring Market is segmented into Software and Service. The Software segment is anticipated to dominate the market.

Based on Vertical, the global Application Performance Monitoring Market has been divided into BFSI, Manufacturing, Government, Healthcare and Others. The Manufacturing segment is anticipated to dominate the market.

Based on Access Type, the global Application Performance Monitoring Market has been divided into Web APM and Mobile APM. The Web APM segment is anticipated to dominate the market.

More Information: https://evolvebi.com/report/application-performance-monitoring-market-analysis/

Regional Analysis

The Application Performance Monitoring Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America, particularly the United States, is a leading market for APM due to its advanced technology infrastructure, high adoption rates of digital technologies, and strong presence of key APM vendors. The region’s emphasis on innovation and early adoption of emerging technologies like AI and ML enhances the growth of APM solutions. Europe shows significant growth in APM adoption driven by increasing digital transformation and cloud migration initiatives. The need for compliance with data protection regulations like GDPR stimulates demand for APM solutions that ensure secure and compliant application performance. APAC is experiencing rapid growth in the APM market due to increasing digitalization, cloud adoption, and investment in IT infrastructure. A growing number of SMEs in the region are adopting APM solutions to improve their application performance and operational efficiency. The APM market in Latin America is expanding, driven by increasing investments in digital technologies and cloud services. Organizations in Brazil, Mexico, and Argentina are increasingly investing in APM solutions as part of their digital transformation strategies. The MEA region is gradually embracing APM solutions, with growth driven by investments in IT infrastructure and digital transformation initiatives. The growing focus on smart city projects and digital innovation presents opportunities for APM vendors.

Evolve Business Intelligence has published a research report on the Global Access Control Market, 2023–2033. The global Access Control Market is projected to exhibit a CAGR of around 6.25% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Access Control Market: Suprema, Honeywell, Identiv, Allegion, Assa Abloy, Johnson Controls International, dormakaba Holding, Nedap, Bosch Security Systems and Gemalto.

More Information: https://evolvebi.com/report/access-control-market-analysis/

Market Highlights

The Global Access Control Market is projected to be valued at USD 16.35 Billion by 2033, recording a CAGR of around 6.25% during the forecast period. The Access Control Market refers to the sector of the security industry that deals with the provision of systems and solutions for regulating who can enter or use resources in a given environment. These systems and solutions are designed to enhance security by ensuring that only authorized individuals can gain access to specific areas, information, or assets.

The Access Control Market is driven by various factors including the growing need for security in residential, commercial, and industrial sectors, increasing instances of data breaches and security threats, advancements in technology, and regulatory requirements. Trends in the market may also focus on the adoption of smart and connected devices, the integration of artificial intelligence and machine learning for predictive security measures, and the shift towards cloud-based solutions.

The COVID-19 pandemic had significant impacts on the Access Control Market. With the emphasis on reducing physical contact to prevent virus transmission, there was a surge in demand for contactless access control technologies. Solutions such as facial recognition, RFID, and mobile-based access systems gained popularity as they minimize physical contact compared to traditional card swipes or keypad entries. The pandemic heightened awareness of health and safety in various environments. Access control systems were increasingly integrated with health screening solutions, such as temperature checks and health status verification, to enhance overall safety protocols. The shift towards remote work and the need for flexible access management solutions led to an increased adoption of cloud-based access control systems. These systems offer remote monitoring and management capabilities, which are particularly useful in a distributed workforce scenario. The pandemic caused disruptions in global supply chains, affecting the availability and delivery of access control hardware and components. This led to delays and increased costs for implementing or upgrading access control systems. As remote work became more prevalent, there was a rise in the need for secure digital access solutions. Organizations looked for ways to securely manage remote access to systems and data, leading to growth in logical access control solutions and secure authentication methods.

Segmental Analysis

The global Access Control Market has been segmented based on Service, Offerings and Vertical.

Based on Service, the Access Control Market is segmented into Hosted, Managed and Hybrid. The Hybrid segment is anticipated to dominate the market.

Based on Offerings, the global Access Control Market has been divided into Hardware, Card-based Readers, Biometric Readers, Controllers, Software and Others. The Card-based Readers segment is anticipated to dominate the market.

Based on Vertical, the global Access Control Market has been divided into Commercial, Military & Defense, Government, Residential and Others. The Commercial segment is anticipated to dominate the market.

More Information: https://evolvebi.com/report/access-control-market-analysis/

Regional Analysis

The Access Control Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America, particularly the United States and Canada, is a leading market for access control systems due to advanced infrastructure, high technology adoption, and stringent security regulations. Increased focus on security and compliance, adoption of advanced technologies like biometric systems, and significant investments in smart building technologies. Europe has a mature access control market with high adoption rates of advanced technologies. Key markets include Germany, the UK, France, and the Nordic countries. Expansion in Eastern Europe, integration with other smart building systems, and growth in sectors like healthcare and finance. The Asia-Pacific region is experiencing rapid growth in the access control market, driven by urbanization, industrialization, and technological advancements. Growth in emerging economies like China and India, adoption of smart city technologies, and rising demand for mobile and cloud-based solutions. Latin America is a growing market with increasing adoption of access control systems driven by urbanization and rising security needs. Adoption of cost-effective and scalable solutions, integration with smart building systems, and expansion into emerging economies. The Middle East and Africa show strong growth potential in the access control market, driven by rapid urban development and increasing security needs. Investments in infrastructure projects, growth in commercial real estate, and heightened focus on security in high-profile locations.

Evolve Business Intelligence has published a research report on the Global Epilepsy Devices  Market, 2023–2033. The global Epilepsy Devices  market is projected to exhibit a CAGR of around 5.14%during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Epilepsy Devices  Market: Natus Medical, Koninklijke Philips, Medtronic, Nihon Kohden, PulseGuard International Ltd., Masimo Corporation, Empatica, Inc, Abbott Laboratories, LivaNova PLC, COMPUMEDICS.

Market Highlights

The Global Epilepsy Devices  market is projected to be valued at USD 0.98 Billion by 2033, recording a CAGR of around 5.14% during the forecast period. The epilepsy devices market encompasses products designed to manage and treat epilepsy, a neurological disorder characterized by recurrent seizures. Key devices in this market include neurostimulation devices (such as responsive neurostimulation and deep brain stimulation systems), wearable seizure monitors, and EEG (electroencephalogram) devices. These technologies aim to detect, predict, or control seizures, improving patients’ quality of life and reducing the frequency of seizures. The market is driven by advancements in technology, increasing prevalence of epilepsy, and growing awareness of epilepsy management options. It is influenced by factors such as innovation in device design, regulatory approvals, and the expansion of healthcare infrastructure.

The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the Epilepsy Devices market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company.

Segmental Analysis

The global Epilepsy Devices  market has been segmented based on Product Type, End User

Based on Product Type, the market is segmented based on Conventional Devices, Wearable Devices, Others. conventional devices dominate due to their established use and effectiveness in managing epilepsy through methods like neurostimulation and traditional monitoring, despite the growing interest in innovative wearable devices.

Based on End Users, the market has been divided into the Hospitals & Clinics, Home Care Settings, Others. hospitals and clinics dominate due to their advanced infrastructure and specialized medical teams, which are essential for the installation, monitoring, and maintenance of sophisticated epilepsy devices.

Regional Analysis

The Epilepsy Devices  market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America holds a dominant position in the Epilepsy Devices Market. North America is anticipated to continue to dominate the market for epilepsy devices during the forecast period, holding a sizeable portion of the market share in 2021. In addition, the rising number of patients receiving neurosurgical treatments in this area supports the market’s expansion. In addition, strong purchasing power and a rise in the use of epilepsy devices are anticipated to propel market expansion. The Asia-Pacific region has indeed emerged as the fastest-growing market for the Epilepsy Devices industry. From 2022 to2030, the epilepsy devices market in Asia-Pacific is anticipated to expand at the quickest rate (CAGR). This is because there are medical equipment companies in the area and because populated countries like China and India have increasing purchasing power. Additionally, the market is expanding due to rising healthcare costs and growing usage of epilepsy gadgets including accelerometers, surface electromyography, and EEG systems.

Evolve Business Intelligence has published a research report on the Philippines Beauty & Personal Care Market, 2023–2033. The Philippines Beauty & Personal Care Market is projected to exhibit a CAGR of around 0.72% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the Philippines Beauty & Personal Care Market: Johnson & Johnson (Philippines) Inc, Shiseido Group, Coty Inc, Estee Lauder, Unilever, Beiersdorf, Procter & Gamble, Pilipinas Kao Inc. (PKI) (Kao Corporation), LVMH and Colgate-Palmolive Company.

More Information: https://evolvebi.com/report/philippines-beauty-personal-care-market-analysis/

Market Highlights

The Philippines Beauty & Personal Care Market is projected to be valued at USD 12.68 Billion by 2033, recording a CAGR of around 0.72% during the forecast period. The Philippines Beauty & Personal Care Market encompasses the production, distribution, and sale of products aimed at enhancing personal appearance and hygiene. This market includes a wide range of products, such as skincare, haircare, cosmetics, fragrances, and personal hygiene products.

The Philippines Beauty & Personal Care Market is a dynamic and rapidly growing sector, driven by changing consumer preferences and an increasing focus on personal grooming and wellness. Understanding consumer preferences, leveraging digital platforms, and addressing challenges such as counterfeits are key to success in this market.

The COVID-19 pandemic significantly impacted the Philippines Beauty & Personal Care Market. With more people staying at home, there was a shift towards skincare products as consumers focused on self-care routines. Sales of makeup products like lipsticks and foundations declined as people wore masks and participated in fewer social events. Restrictions on physical retail stores and consumer preference for contactless shopping led to a significant increase in online sales. Many brands enhanced their digital presence and e-commerce capabilities. The role of social media and digital influencers became more pronounced in driving online sales and brand engagement. Lockdowns and restrictions impacted the supply chain, leading to delays in product availability and distribution. The pandemic accelerated the trend towards sustainable and clean beauty products, with consumers becoming more conscious of ingredient safety and environmental impact. The emphasis on health and wellness is likely to continue, influencing product development and marketing strategies.

More Information: https://evolvebi.com/report/philippines-beauty-personal-care-market-analysis/

Segmental Analysis

The Philippines Beauty & Personal Care Market has been segmented based on Nature, Gender, Type and Sales Channel.

Based on Nature, the Philippines Beauty & Personal Care Market is segmented into Organic, Synthetic and Others. The Synthetic segment is anticipated to dominate the market.

Based on Gender, the Philippines Beauty & Personal Care Market has been divided into the Male and Female. The Female segment is anticipated to dominate the market.

Based on Type, the Philippines Beauty & Personal Care Market has been divided into the Skin Care, Hair Care, Toiletries, Fragrances, Color Cosmetics and Others. The Skin Care segment is anticipated to dominate the market.

Based on Sales Channel, the Philippines Beauty & Personal Care Market has been divided into the Online Stores, Convenience, B2B, Specialty Stores, Supermarket and Others. The Supermarket segment is anticipated to dominate the market.

Evolve Business Intelligence has published a research report on the Global Internet of Things (IoT) Market, 2023–2033. The global Internet of Things (IoT) Market is projected to exhibit a CAGR of around 19.56% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Internet of Things (IoT) Market: Intel Corporation, Cisco, Microsoft Corporation, IBM, Oracle, Google, Hewlett Packard Enterprise, Bosch Software Innovations, Telit and SAP.

More Information: https://evolvebi.com/report/internet-of-things-iot-market-analysis/

Market Highlights

The Global Internet of Things (IoT) Market is projected to be valued at USD 1523.65 Billion by 2033, recording a CAGR of around 19.56% during the forecast period. The Internet of Things (IoT) Market refers to the global market for products, services, and technologies that enable devices to connect and communicate with each other over the internet. This market encompasses a wide range of sectors, including consumer electronics, healthcare, industrial automation, smart cities, agriculture, and transportation.

The IoT Market is driven by factors such as the increasing adoption of smart devices, advancements in connectivity technologies, the growing need for automation and efficiency, and the expansion of smart city initiatives.

The COVID-19 pandemic had a significant impact on the Internet of Things (IoT) Market. The pandemic accelerated the adoption of IoT technologies as businesses and organizations sought to enhance remote monitoring, automation, and efficiency. This shift was particularly notable in sectors like healthcare, manufacturing, and logistics. There was a surge in the demand for IoT solutions in healthcare, including remote patient monitoring, telemedicine, and wearable health devices. These solutions helped manage patient care, reduce hospital visits, and monitor vital signs remotely. With social distancing and remote work becoming more prevalent, there was increased interest in smart city solutions. IoT technologies were used to improve urban management, enhance public safety, and optimize resource usage. As remote work became more common, there was a greater need for IoT solutions that support remote monitoring and management of office environments, including smart office systems and remote collaboration tools. The increased use of IoT devices and remote connectivity raised concerns about cybersecurity and data privacy. Organizations had to invest more in securing their IoT networks and addressing potential vulnerabilities.

Segmental Analysis

The global Internet of Things (IoT) Market has been segmented based on Platform, Software Solution, Service and Application.

Based on Platform, the Internet of Things (IoT) Market is segmented into Device Management, Application Management, Network Management and Others. The Device Management segment is anticipated to dominate the market.

Based on Software Solution, the global Internet of Things (IoT) Market has been divided into the Real-Time Streaming Analytics, Security Solution, Data Management, Remote Monitoring System, Network Bandwidth Management and Others. The Real-Time Streaming Analytics segment is anticipated to dominate the market.

Based on Service, the global Internet of Things (IoT) Market has been divided into the Professional Service, Deployment And Integration, Support And Maintenance, Consulting Service, Managed Service and Others. The Professional Service segment is anticipated to dominate the market.

Based on Application, the global Internet of Things (IoT) Market has been divided into the Building And Home Automation, Smart Energy And Utilities, Smart Manufacturing, Connected Logistics, Smart Retail, Smart Mobility, And Transportation and Others. The Smart Energy And Utilities segment is anticipated to dominate the market.

More Information: https://evolvebi.com/report/internet-of-things-iot-market-analysis/

Regional Analysis

The Internet of Things (IoT) Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America is currently the dominant region in the IoT market, driven by early adoption of technology, robust infrastructure, and a strong focus on innovation. Smart homes, connected cars, industrial IoT, and healthcare IoT are major growth areas and data privacy and security concerns are significant hurdles. Europe has a strong industrial base, leading to significant investments in industrial IoT applications. The region has stringent data privacy laws (GDPR) influencing IoT development and adoption. Asia-Pacific is the fastest-growing region due to increasing digitalization, a large population, and government support. China is a major player in IoT manufacturing and is rapidly expanding its IoT ecosystem and the region is witnessing growth in smart cities, agriculture, and consumer IoT. The MEA region is in the early stages of IoT adoption, with significant growth potential. Governments in the region are investing in smart city initiatives to improve infrastructure and quality of life. Latin America is showing increasing interest in IoT, driven by urbanization and economic growth. Growing demand for smart infrastructure, increased investment in technology, and the need for improved resource management.