Category: Press Release

Evolve Business Intelligence has published a research report on the Global Motorized Prosthesis Market, 2023–2033. The global Motorized Prosthesis market is projected to exhibit a CAGR of around 11.63% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Motorized Prosthesis Market: Advanced Arm Dynamics, Hanger Inc, BionX™ Medical Technologies, Inc., Mobius Bionics, Touch Bionics, Bionic Prosthetics & Orthotics Group LLC, Integrum ab, ottobock, Faulhaber Group, Össur.

 

Market Highlights

The Motorized Prosthesis market is projected to be valued at USD 164.32 Billion by 2033, recording a CAGR of around 11.63% during the forecast period. A motorized prosthesis refers to an advanced artificial limb that integrates motorized components, such as motors, sensors, and electronic control systems, to replicate the natural movements and functions of a missing body part, typically an arm or a leg. This type of prosthetic device is designed to provide enhanced mobility, dexterity, and functionality for individuals with limb loss. Motorized prostheses are capable of responding to a user’s muscular signals or other input methods, enabling them to control the prosthesis more intuitively and naturally. These prosthetic devices can offer various degrees of freedom, enabling users to perform complex tasks like grasping objects, walking, running, and even participating in sports activities. The integration of motorized technology in prosthetics aims to restore a higher level of functionality and quality of life for amputees by closely mimicking the capabilities of their original limbs.

For More Information : https://evolvebi.com/report/motorized-prosthesis-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

The COVID-19 pandemic acted as an unforeseen catalyst, bringing about a positive transformation in the Motorized Prosthesis market. With the pandemic highlighting the importance of healthcare resilience and remote accessibility, the demand for advanced prosthetic solutions surged. Individuals with limb loss sought innovative alternatives to traditional prosthetics, with a growing emphasis on motorized options that offer enhanced functionality and improved quality of life. The pandemic’s disruptions accelerated the adoption of telehealth and remote rehabilitation, prompting a shift towards motorized prostheses that could be calibrated, monitored, and adjusted remotely. Additionally, the pandemic underscored the need for personalized healthcare, encouraging research and investment in motorized prosthesis technologies, ultimately fostering a favorable impact on the market’s growth and development.

Segmental Analysis

The global Motorized Prosthesis market has been segmented based on Type, End-user, and region.

Based on the Type, the Motorized Prosthesis market is segmented based on Passive, Active, and Hybrid. Hybrid is expected to have the largest market share throughout the forecast period, while Passive is expected to grow at the fastest rate.

Based on the End-user, the global Motorized Prosthesis market has been divided into Hospitals, Prosthetic Clinics, Rehabilitation Centers, and Others. The hospital segments are anticipated to dominate the market.

For More Information : https://evolvebi.com/report/motorized-prosthesis-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

Regional Analysis

The Motorized Prosthesis market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North America’s strong healthcare infrastructure, technological innovation, and research capabilities drive the growth of the Motorized Prosthesis market. The region’s emphasis on personalized medicine and patient-centered care encourages the adoption of advanced prosthetic solutions, while a robust ecosystem of research institutions and medical facilities fosters innovation in motorized prosthesis technologies. Europe’s focus on healthcare quality, rehabilitation, and patient well-being contributes to the expansion of the Motorized Prosthesis market. The region’s aging population, coupled with a high prevalence of chronic conditions, fuels the demand for motorized prosthetic options that enhance mobility and independence. Strong collaborations between academia, industry, and healthcare providers further drive innovation and adoption. The Asia-Pacific region’s growing healthcare expenditure, coupled with rising awareness about advanced prosthetic solutions, propels the Motorized Prosthesis market. Increasing accessibility to healthcare and growing disposable income in countries like China, Japan, and South Korea drive the demand for high-quality motorized prosthetics, especially among younger populations seeking enhanced mobility and participation in various activities.

Evolve Business Intelligence has published a research report on the Global Recruitment Process Outsourcing Market, 2023–2033. The global Recruitment Process Outsourcing market is projected to exhibit a CAGR of around 19.61% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Recruitment Process Outsourcing Market: Seven Steps UK, IBM Corporation, Randstad N.V., Cielo Inc., ManpowerGroup, Korn Ferry, Wilson CG, Alexander Mann Solutions, ADP Inc., pontoon solutions.

 

Market Highlights

The Recruitment Process Outsourcing market is projected to be valued at USD 27.65 Billion by 2033, recording a CAGR of around 19.61% during the forecast period. Recruitment Process Outsourcing (RPO) is a strategic partnership between an organization and an external provider where the provider assumes responsibility for some or all of the organization’s recruitment and talent acquisition activities. RPO aims to enhance the efficiency and effectiveness of the hiring process by leveraging specialized expertise, technology, and scalable resources, ultimately helping organizations attract and retain top talent while potentially reducing recruitment costs.

For More Information : https://evolvebi.com/report/recruitment-process-outsourcing-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

The COVID-19 pandemic unexpectedly catalyzed a positive impact on the Recruitment Process Outsourcing (RPO) market as organizations faced unprecedented challenges in adapting to remote work and managing evolving workforce needs. With the sudden shift to remote work, many companies turned to RPO providers to swiftly and efficiently source, screen, and onboard talent, leveraging their expertise and technology solutions. RPO became a valuable resource for organizations seeking to navigate the uncertainties of the pandemic, enabling them to flexibly scale their workforce, reduce fixed costs, and access specialized talent pools. This crisis underscored the resilience and adaptability of RPO as a strategic talent acquisition solution, leading to increased recognition of its benefits and a surge in demand across various industries.

Segmental Analysis

The global Recruitment Process Outsourcing market has been segmented based on Type, End-User, and region.

Based on the Type, the Recruitment Process Outsourcing market is segmented based on Permanent Staffing, Flexible Staffing, and Others. Permanent Staffing is expected to have the largest market share throughout the forecast period, while Flexible Staffing is expected to grow at the fastest rate.

Based on the End-User, the global Recruitment Process Outsourcing market has been divided into BFSI, IT and Telecom, ITES and BPO, Healthcare, Manufacturing, Retail and E-Commerce, and Others. The BFSI segments are anticipated to dominate the market.

For More Information : https://evolvebi.com/report/recruitment-process-outsourcing-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

Regional Analysis

The Recruitment Process Outsourcing market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North America, including the United States and Canada, is a major hub for RPO services. It has a large and diverse economy, a well-established outsourcing industry, and a high demand for talent acquisition solutions. Many global RPO providers have a significant presence in this region. Europe has a sizable market for RPO services due to its diverse labor markets and varying talent needs across countries. The region’s businesses seek RPO solutions to efficiently navigate different languages, cultures, and labor regulations, making it an important segment of the global RPO market. Asia-Pacific is one of the fastest-growing regions for RPO services. The presence of emerging economies like India, China, and Southeast Asian countries has led to increased demand for recruitment outsourcing, driven by the need for skilled talent, cost-effective solutions, and globalization of business operations. Latin America is becoming a more prominent player in the RPO market due to its growing economies and the need for specialized talent sourcing and workforce planning. Multinational companies expanding into the region often turn to RPO providers to address local recruitment challenges. The Middle East is a region experiencing rapid economic development and diversification. As businesses expand and diversify, there is a need for RPO services to support their talent acquisition strategies, ensuring they have the right skills and expertise to drive growth.

Evolve Business Intelligence has published a research report on the Global Utilities Asset Management Market, 2023–2033. The global Utilities Asset Management market is projected to exhibit a CAGR of around 14.08%during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Utilities Asset Management Market: ABB Ltd., Siemens AG, General Electric Company, Emerson Electric Co., S&C Electric Company, Sentient Energy Inc., Aclara Technologies LLC, Enetics Inc., Lindsey Manufacturing Co., and Netcontrol Oy

 

Market Highlights

The global Utilities Asset Management market is projected to be valued at USD 14.5 Billion by 2033, recording a CAGR of around 14.08% during the forecast period. Utilities asset management refers to the systematic approach of managing and maintaining utility assets, such as electricity grids, water and wastewater systems, gas pipelines, and renewable energy infrastructure. It involves various activities including asset tracking, condition monitoring, maintenance scheduling, and performance analysis. The goal of utilities asset management is to optimize asset performance, extend their lifespan, minimize risks, and ensure the reliable delivery of utility services to customers.

For More Information : https://evolvebi.com/report/utilities-asset-management-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

COVID-19 has had a significant impact on the utilities asset management sector. The pandemic disrupted supply chains, limited workforce availability, and resulted in delays in maintenance and infrastructure projects. Utilities faced challenges in conducting regular inspections and maintenance activities, leading to potential risks in asset performance and reliability. The financial constraints caused by the economic downturn also affected utilities’ budgets, resulting in reduced investments in asset management systems and infrastructure upgrades.

Segmental Analysis

The global Utilities Asset Management market has been segmented based on Utility Type, and Application.

Based on the Utility Type, the Utilities Asset Management market is segmented into Public Utility, and Private Utility. The Public Utility segment is expected to have the larger market share throughout the forecast period.

Based on Application, the global Utilities Asset Management market has been divided into Transformer, Sub-Station, and Transmission & Distribution Network. The Transmission & Distribution Network segment is anticipated to dominate the market.

For More Information : https://evolvebi.com/report/utilities-asset-management-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

Regional Analysis

The Utilities Asset Management market is divided into five regions: North America, Europe, Asia-Pacific, South America, and Middle East, &Africa. Among these regions, North America and Europe, utilities have well-established infrastructure and regulations that emphasize asset management and reliability. These regions have robust asset management systems in place and prioritize maintenance and upgrades to ensure the longevity and performance of utility assets. The focus is on leveraging advanced technologies and data analytics to optimize asset operations, reduce downtime, and improve efficiency. In emerging economies, such as Asia Pacific, the utility sector is experiencing rapid growth and urbanization, resulting in increased demand for reliable utility services. These regions are investing in expanding their utility infrastructure, including transmission and distribution networks, to meet the growing energy requirements. Asset management becomes crucial in these regions to ensure the efficient operation and maintenance of infrastructure and to minimize risks associated with asset failures.

 

Evolve Business Intelligence has published a research report on the Global Scented Candles Market, 2023–2033. The global Scented Candles market is projected to exhibit a CAGR of around 4.1% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Scented Candles Market: Village Candle, Portmeirion Group PLC, Newell Brands, MVP Group International Inc, Estée Lauder Companies Inc, Diptyque Paris, Lalique Group SA, L Brands, NEST New York, Thymes, LLC.

 

Market Highlights

The Scented Candles market is projected to be valued at USD 0.78 Billion by 2033, recording a CAGR of around 4.1% during the forecast period. Scented candles are a type of decorative and aromatic home accessory that typically consist of a wax base infused with various fragrance oils or essential oils. When lit, these candles release a pleasant and soothing scent into the air, creating a relaxing and inviting ambiance in any space. Scented candles come in a wide range of fragrances, from floral and fruity to spicy and woody, catering to diverse preferences and enhancing the overall sensory experience for individuals seeking to elevate their environment with delightful scents.

For More Information : https://evolvebi.com/report/scented-candles-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

The Covid-19 pandemic significantly affected the Scented Candles market, leading to a negative impact on its growth and sales. With widespread lockdowns, restrictions on gatherings, and increased health concerns, consumers spent more time indoors, leading to reduced demand for luxury and non-essential items like scented candles. Moreover, economic uncertainties and job losses in many regions resulted in cautious spending behaviors, further dampening sales. Additionally, disruptions in supply chains and manufacturing processes due to lockdown measures affected production and distribution, causing delays and limited product availability. As a result, the Scented Candles market faced challenges during the pandemic, with a decline in demand and revenues across the industry.

Segmental Analysis

The global Scented Candles market has been segmented based on Raw Material, Product Type, Fragrance, Sales Channel, and region.

Based on Raw Material, the Scented Candles market is segmented based on Wax, Liquid Dyes, Soy, Glass, and Others. Wax is expected to have the largest market share throughout the forecast period, while Liquid Dyes are expected to grow at the fastest rate.

Based on Type, the global Scented Candles market has been divided into Jar, Pillars, Tea Light, Tumbler, Vase, and Others. The Jar segments are anticipated to dominate the market.

Based on the Production Technique, the global Scented Candles market has been divided into Fruits, Flower, Spices, Blends, and Others. The Fruits segments are anticipated to dominate the market.

Based on the Application, the global Scented Candles market has been divided into Online Retail and Offline Retail. The Offline Retails segments are anticipated to dominate the market.

For More Information : https://evolvebi.com/report/scented-candles-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

Regional Analysis

The Scented Candles market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North America region includes the U.S. and Canada, which are significant markets for scented candles due to their popularity in home decor and wellness practices. European countries, such as the United Kingdom, Germany, France, and Italy, have a strong presence in the scented candles market, with a growing trend of using candles for relaxation and fragrance. The Asia-Pacific region encompasses countries like China, Japan, India, and Australia, where the scented candles market has been gaining traction in recent years due to increasing disposable incomes and a growing awareness of aromatherapy benefits. Countries in Latin America, such as Brazil, Mexico, and Argentina, are witnessing a rising interest in scented candles, driven by lifestyle changes and an inclination towards creating inviting and cozy home environments. The Middle East region, including countries like the UAE, Saudi Arabia, and Qatar, has a long tradition of using fragrances, including scented candles, for cultural and religious practices. Although the scented candles market in Africa is relatively smaller compared to other regions, it is gradually expanding, driven by urbanization, changing consumer preferences, and a growing focus on personal well-being.

 

 

 

 

Evolve Business Intelligence has published a research report on the Global Zipper Market, 2023–2033. The Global Zipper market is projected to exhibit a CAGR of around 8.20% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Zipper Market: YBS Zipper, KAO SHING ZIPPER, IDEAL Fastener, Coats Industrial, SALMI, MAX Zipper, Sanli Zipper, HHH Zipper, KCC Zipper, Sancris.

 

Market Highlights

Global Zipper market is projected to be valued at USD 29.35 Billion by 2033, recording a CAGR of around 8.20% during the forecast period. A zipper, also known as a zip or zip fastener, is a popular type of closure used in clothing, bags, and various other products to fasten two pieces of fabric together. It consists of two parallel rows of interlocking teeth or coils that can be opened or closed by sliding a slider or puller up or down the rows. When the slider is moved upward, the teeth interlock and close the gap, securing the items. Conversely, moving the slider downward separates the teeth and opens the gap, allowing for easy access. Zippers come in different sizes, materials, and styles, making them a versatile and commonly used fastening mechanism in modern apparel and accessories.

For More Information : https://evolvebi.com/report/zipper-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

The COVID-19 pandemic had a profound and transformative impact on the Zipper market. As the pandemic led to widespread health concerns and increased emphasis on hygiene, there was a surge in demand for products like personal protective equipment (PPE) and medical clothing, where zippers were essential components. The zipper industry witnessed a shift in production priorities, with manufacturers focusing on supplying zippers for medical gowns, coveralls, and face mask packaging. Additionally, the pandemic prompted increased interest in touchless and antimicrobial zipper technologies to cater to the demand for contactless interactions and germ-resistant products. While the fashion industry initially faced challenges due to reduced consumer spending, it adapted by incorporating zippers into more casual and comfortable clothing, aligning with the rising popularity of work-from-home attire. These changes accelerated the adoption of innovative zipper solutions and spurred the industry to explore new applications and markets.

Segmental Analysis

The Global Zipper market has been segmented based on Material Type, and Application.

Based on the Material Type, the Zipper market is segmented into Molded Plastic, Metal, and Coil. The Metal segment is expected to have a larger market share throughout the forecast period.

Based on the Application, the global Zipper market has been divided into Shoes, Apparel, Bags, and Others. The Bags segment is anticipated to dominate the market.

For More Information : https://evolvebi.com/report/zipper-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/

 

Regional Analysis

The Zipper market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America region includes countries like the U.S. and Canada, where the zipper industry plays a significant role in various sectors, such as apparel, automotive, and manufacturing. European countries, such as Germany, Italy, and the United Kingdom, have a well-established textile and fashion industry, making zippers an essential component of their products. Asia-Pacific countries, particularly China, Japan, South Korea, and India, have a dominant presence in the zipper market. These countries are not only major consumers of zippers but also significant manufacturers and exporters. South American countries, including Brazil, Argentina, and Colombia, have a growing demand for zippers, driven by their expanding textile and fashion industries. Middle East and Africa While the zipper market may be comparatively smaller in this region, there is still a demand for zippers in various applications, including clothing, luggage, and industrial use.

 

Evolve Business Intelligence has published a research report on the Global Digital Pathology Market, 2023–2033. The global Digital Pathology market is projected to exhibit a CAGR of around 9.31% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Digital Pathology Market: Leica Biosystems Nussloch GmbH (Danaher), Hamamatsu Photonics Inc, Koninklijke Philips N.V, Olympus Corporation, F. Hoffmann-La Roche Ltd, Mikroscan Technologies Inc, Inspirata Inc, Epredia (3DHISTECH Ltd.), Visiopharm A/S, Huron Technologies International Inc, ContextVision AB.

 

Market Highlights

The Digital Pathology market is projected to be valued at USD 1.96 Billion by 2033, recording a CAGR of around 9.31% during the forecast period. Digital pathology is a cutting-edge medical technology and discipline that involves the digitization, management, and analysis of pathological specimens, such as tissue samples and slides, using high-resolution scanners and computational tools. By converting analog pathology data into digital images, it enables pathologists and medical professionals to access, share, and store these images electronically. Digital pathology facilitates remote consultation, collaboration, and second opinions, streamlines the diagnostic process, and opens up opportunities for artificial intelligence and machine learning applications to enhance accuracy, speed, and efficiency in pathology diagnostics.

For More Information : https://evolvebi.com/report/digital-pathology-market-analysis-and-global-forecast-2020-2028-with-covid-impact-analysis/

 

The COVID-19 pandemic had a profound and enduring impact on the Digital Pathology market. As healthcare systems faced overwhelming challenges during the crisis, there was an urgent need for remote diagnostics, collaboration, and efficient management of pathological data. The adoption of digital pathology solutions accelerated significantly as it allowed pathologists to work remotely and securely share and analyze images while reducing the risk of infection transmission. Furthermore, the pandemic accelerated the development and integration of artificial intelligence algorithms into digital pathology workflows, enhancing diagnostic accuracy and efficiency. These shifts in the industry not only addressed immediate pandemic-related needs but also paved the way for a more technologically advanced and resilient digital pathology market in the post-pandemic era.

Segmental Analysis

The global Digital Pathology market has been segmented based on Product, Application, End User, and region.

Based on the Product, the Digital Pathology market is segmented based on Scanners, Software, Storage, and Communication Systems. Scanners are expected to have the largest market share throughout the forecast period, while Software is expected to grow at the fastest rate.

Based on the Application, the global Digital Pathology market has been divided into Teleconsultation, Disease Diagnosis, Drug Discovery, Training & Education. The Teleconsultation segments are anticipated to dominate the market.

Based on the End User, the global Digital Pathology market has been divided into Educational, Clinical, Pharma & Biotech Companies. The Educational segments are anticipated to dominate the market.

For More Information : https://evolvebi.com/report/digital-pathology-market-analysis-and-global-forecast-2020-2028-with-covid-impact-analysis/

 

Regional Analysis

The Digital Pathology market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North America, being at the forefront of technological advancements, has been an early adopter of digital pathology solutions, driven by well-established healthcare infrastructure and research institutions. Europe follows closely, with a strong emphasis on research and development, fostering the integration of digital pathology across various healthcare settings. The Asia-Pacific region exhibits tremendous potential for growth, fueled by increasing healthcare expenditure, a large population, and rising awareness about the benefits of digital pathology. Latin America is also witnessing steady progress, in improving healthcare facilities and infrastructure. Meanwhile, the Middle East and Africa regions are experiencing a gradual but notable increase in adoption, with governments investing in healthcare infrastructure and technological advancements to enhance diagnostic capabilities. Together, these regions contribute to the global expansion and diversification of the Digital Pathology market.

 

Evolve Business Intelligence has published a research report on the Global Cyber Security Market, 2023–2033. The global cybersecurity market is projected to exhibit a CAGR of around 9.44% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Security Market: CrowdStrike Holdings Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., CyberArk Software Ltd, Dell Technologies Inc., Mandiant Inc., Fortinet Inc., IBM Corporation, Imperva Inc, Intel Security (Intel Corporation).

 

Market Highlights

The cybersecurity market is projected to be valued at USD 485.25 Billion by 2033, recording a CAGR of around 9.44% during the forecast period. Cybersecurity refers to the practice of safeguarding computer systems, networks, software, and data from digital threats, unauthorized access, and malicious attacks. It encompasses a range of strategies, technologies, and processes designed to protect digital assets, maintain privacy, ensure data integrity, and mitigate risks associated with cyber threats such as hacking, malware, phishing, and other forms of cybercrime. The field of cybersecurity aims to create a secure online environment by implementing proactive measures, rapid response protocols, and ongoing risk assessment to counteract and prevent potential cyber breaches and their detrimental consequences.

For More Information : https://evolvebi.com/report/cyber-security-market/

 

The COVID-19 pandemic served as an unexpected catalyst for a significant positive impact on the cybersecurity market. With the rapid shift to remote work and increased digital dependence, organizations worldwide recognized the heightened importance of securing their digital assets and sensitive information. This led to a surge in demand for cybersecurity solutions and services, as businesses sought to fortify their networks, endpoints, and communication channels against the escalating threats posed by cybercriminals seeking to exploit the vulnerabilities exposed by the remote work landscape. As a result, the cybersecurity market experienced substantial growth, innovation, and investment to address the evolving challenges and ensure the resilience of digital operations in the face of unprecedented circumstances.

Segmental Analysis

The global Cyber Security market has been segmented based on Offering, Security Type, Application, and region.

Based on the Offering, the cybersecurity market is segmented based on Solutions and services. The solution is poised to secure the largest market share in the cybersecurity market.

Based on the Security Type, the global cybersecurity market has been divided into Endpoint Security, Cloud Security, Network Security, Application Security, Infrastructure Protection, Data Security, and Others. The Endpoint Security segments are anticipated to dominate the market.

Based on the Application, the global cybersecurity market has been divided into IT & Telecom, Retail, BFSI, Healthcare, Defense/Government, Manufacturing, Energy, and Others. The IT and telecom segments are anticipated to dominate the market.

For More Information : https://evolvebi.com/report/cyber-security-market/

 

Regional Analysis

The Cyber Security market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North America and Europe have been prominent contributors to the growth of the Cyber Security market due to their advanced technological infrastructure and high levels of digitalization. The Asia-Pacific region has also witnessed significant growth as economies like China, India, and Japan continue to expand their digital presence. Latin America, the Middle East, and Africa are also experiencing increasing demand for cybersecurity solutions as their digital landscapes develop. It’s important to note that growth rates can be influenced by factors such as regulatory changes, cyber threat landscape, economic conditions, and technological advancements.

Evolve Business Intelligence has published a research report on the Global Gene Therapy Market, 2023–2033. The Global Gene Therapy market is projected to exhibit a CAGR of around 19.1% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Gene Therapy Market: REGENXBIO Inc, Oxford BioMedica plc, Dimension Therapeutics Inc, Bristol-Myers Squibb Company, SANOFI, Applied Genetic Technologies Corporation, F. Hoffmann-La Roche Ltd, bluebird Bio Inc, Novartis AG, Taxus Cardium Pharmaceuticals Group Inc.

 

Market Highlights

Global Gene Therapy market is projected to be valued at USD 29.74 Billion by 2033, recording a CAGR of around 19.1% during the forecast period. Gene therapy is a cutting-edge medical approach that involves the introduction, modification, or replacement of genetic material within a person’s cells to treat or prevent genetic disorders, diseases, or certain acquired conditions. This revolutionary technique aims to correct faulty genes by delivering therapeutic genes into the patient’s cells, either directly to the affected tissues or through modified viruses as carriers. Gene therapy holds great promise in the field of medicine, offering potential cures for previously untreatable conditions by addressing the underlying genetic causes at the molecular level. However, it is still a developing area of research, and its widespread application requires thorough evaluation, ethical considerations, and close monitoring of long-term safety and efficacy.

For More Information : https://evolvebi.com/report/global-gene-therapy-market/

 

The COVID-19 pandemic had a significant and transformative impact on the Gene Therapy market. As the world faced an unprecedented health crisis, the urgent need for effective treatments and vaccines accelerated research and development efforts in the field of gene therapy. The pandemic highlighted the potential of this innovative approach in delivering targeted therapies and immunization strategies. Additionally, the pandemic prompted increased investment in biotechnology and gene therapy companies, leading to a surge in funding and collaborations to expedite the development of gene-based solutions. Furthermore, the pandemic also underscored the importance of regulatory advancements and streamlined approval processes for gene therapies, facilitating faster access to potentially life-saving treatments.

Segmental Analysis

The Global Gene Therapy market has been segmented based on Indication, and Technology.

Based on the Indication, the Gene Therapy market is segmented into Cancer, Metabolic Disorders, Eye Disorders, Spinal Muscular Atrophy, Other. The Cancer segment is expected to have a larger market share throughout the forecast period.

Based on Technology, the global Gene Therapy market has been divided into Western Herbalism, Traditional Chinese Medicine, and Others. The Western Herbalism segment is anticipated to dominate the market.

For More Information : https://evolvebi.com/report/global-gene-therapy-market/

 

Regional Analysis

The Gene Therapy market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America region includes the United States and Canada, which have been significant players in gene therapy research, development, and commercialization. European countries have also been actively involved in the advancement and adoption of gene therapy technologies and treatments. The Asia-Pacific region encompasses countries like China, Japan, India, and South Korea, which have seen a growing interest in gene therapy research and investment. South America, While the gene therapy market is relatively smaller in this region compared to others, there is increasing awareness and interest in gene-based treatments. Middle East & Africa, The gene therapy market in this region is in its early stages, with limited infrastructure and resources, but there is potential for growth and expansion in the future.

Evolve Business Intelligence has published a research report on the Global Quantum Computing Market, 2023–2033. The global Quantum Computing market is projected to exhibit a CAGR of around 31.36% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Quantum Computing Market: IBM, Google LLC, Microsoft Corporation, D-Wave Systems Inc, Rigetti Computing, IonQ Inc, Honeywell International Inc, Q-CTRL, Quantum Circuits Inc, Zapata Computing Inc.

 

Market Highlights

The Quantum Computing market is projected to be valued at USD 6.96 Billion by 2033, recording a CAGR of around 31.36% during the forecast period. Quantum computing is a field of study and technology that focuses on developing and utilizing computer systems based on the principles of quantum mechanics. It leverages the unique properties of quantum mechanics, such as superposition and entanglement, to perform certain computations more efficiently than classical computers. In classical computing, information is processed using bits, which can represent either a 0 or a 1. In quantum computing, the basic unit of information is a quantum bit or qubit. Unlike classical bits, qubits can exist in multiple states simultaneously due to a property called superposition. This means that a qubit can represent both 0 and 1 at the same time, leading to the potential for parallel computation. Another important concept in quantum computing is entanglement. Entanglement allows the states of multiple qubits to become correlated in such a way that the state of one qubit is dependent on the state of another, regardless of the physical distance between them. This property enables quantum computers to perform certain calculations much faster than classical computers.

For More Information : https://evolvebi.com/report/global-quantum-computing-market-size-share-analysis-forecast/

 

The COVID-19 pandemic had a notable impact on the Quantum Computing market. While the pandemic disrupted various sectors and caused economic uncertainties, it also accelerated the need for advanced computational solutions, including quantum computing, to tackle complex problems. Many organizations and research institutions shifted their focus towards computational research, including drug discovery, vaccine development, and epidemiological modeling, to combat the pandemic. This increased demand for computational power and innovative technologies, driving investments and collaborations in the Quantum Computing market. Furthermore, the pandemic highlighted the importance of resilient and secure communication networks, which aligns with quantum computing’s potential in enhancing encryption and cybersecurity. As a result, the Quantum Computing market witnessed growth and a heightened emphasis on its potential applications during and after the COVID-19 pandemic.

Segmental Analysis

The global Quantum Computing market has been segmented based on Product Type, Application, Vertical, and region.

Based on the Product Type, the Quantum Computing market is segmented based on Hardware, Software, and Services. Services are expected to have the largest market share throughout the forecast period, while Software is expected to grow at the fastest rate.

Based on the Application, the global Quantum Computing market has been divided into Optimization, Machine Learning, and Simulation. The Machine Learning segments are anticipated to dominate the market.

Based on the Vertical, the global Quantum Computing market has been divided into Aerospace & Defense, BFSI, Energy & Power, Healthcare, Information Technology & Telecommunication, and Transportation. The Aerospace & Defense segments are anticipated to dominate the market.

For More Information : https://evolvebi.com/report/global-quantum-computing-market-size-share-analysis-forecast/

 

Regional Analysis

The Quantum Computing market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North American region, particularly the U.S. and Canada, has been at the forefront of quantum computing research and development. It houses several leading quantum computing companies, research institutions, and government initiatives, making it a significant hub for quantum computing advancements. Europe also has a strong presence in the Quantum Computing market, with countries such as the UK, Germany, and France actively investing in research and development. European organizations collaborate closely with academia and industry partners to advance quantum computing technology. The Asia-Pacific region, including countries like China, Japan, Australia, and India, has been increasingly investing in quantum computing. These countries have established national programs and research centers dedicated to quantum research, fostering innovation and growth in the field. While the Quantum Computing market in Latin America is still emerging, several countries in the region, such as Brazil and Argentina, have started exploring quantum computing research and applications. Efforts are being made to develop local expertise and establish collaborations with international partners. The Middle East region has shown a growing interest in quantum computing. Countries such as Qatar and the UAE have initiated research programs and collaborations to advance quantum technology and explore its potential applications in areas such as finance, healthcare, and logistics. Quantum computing in Africa is in its nascent stages, but there is a growing recognition of its potential impact. Several countries, including South Africa and Nigeria, are taking initial steps to foster quantum research and establish partnerships with global stakeholders.

Evolve Business Intelligence has published a research report on the Global Smart Parking System Market, 2023–2033. The global Smart Parking System market is projected to exhibit a CAGR of around 22.54% during the forecast period of 2023 to 2033.

Evolve Business Intelligence has recognized the following companies as the key players in the global Smart Parking System Market: Continental, Amano McGann Inc, Aisin Corporation, IEM SA, TKH Group, Robert Bosch GmbH, Smart Parking Ltd, SWARCO, Urbiotica, APCOA, IPS Group Inc.

 

Market Highlights

The Smart Parking System market is projected to be valued at USD 33.41 Billion by 2033, recording a CAGR of around 22.54% during the forecast period. A Smart Parking System is an advanced technological solution that uses sensors, real-time data, and communication networks to efficiently manage parking spaces. It provides real-time information to drivers about the availability of parking spots, allowing them to make informed decisions and reduce the time spent searching for parking. Through sensors embedded in parking spaces, entrances, and exits, the system monitors occupancy and relays data to a central management platform. This platform processes the data to optimize parking utilization, improve traffic flow, reduce congestion, and enhance the overall parking experience, while also enabling authorities to analyze trends and make data-driven decisions for urban planning and resource allocation.

For More Information : https://evolvebi.com/report/global-smart-parking-mark/

 

The COVID-19 pandemic unexpectedly catalyzed a positive impact on the Smart Parking System market as urban areas sought safer and more efficient parking solutions, leading to increased adoption of contactless payment methods, advanced reservation systems, and real-time occupancy monitoring to minimize physical interactions and enhance overall parking management in a post-pandemic world.

Segmental Analysis

The global Smart Parking System market has been segmented based on Type, Technology, Application, and region.

Based on the Type, the Smart Parking System market is segmented based on Off-street, and On-street. Off-street is expected to have the largest market share throughout the forecast period, while On-street is expected to grow at the fastest rate.

Based on the Technology, the global Smart Parking System market has been divided into Internet of Things (IoT), Ultrasonic, and RFID. The Portable segments are anticipated to dominate the market.

Based on the Application, the global Smart Parking System market has been divided into Security and surveillance, Smart payment systems, E-parking, and License plate recognition. The Security and surveillance segments are anticipated to dominate the market.

For More Information : https://evolvebi.com/report/global-smart-parking-mark/

 

Regional Analysis

The Smart Parking System market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. North America with high urbanization rates, technological advancements, and a focus on improving city infrastructure has driven the adoption of Smart Parking Systems. The need for efficient parking solutions in busy urban centers has led to substantial growth. European cities’ emphasis on sustainable urban development, coupled with the need to address traffic congestion and pollution, has propelled the growth of Smart Parking Systems. Stringent environmental regulations and technological innovation have played key roles. Asia-Pacific rapid urbanization and population growth in countries like China and India have created significant parking challenges. Smart Parking Systems offer a way to optimize parking space usage, reduce congestion, and enhance user convenience, leading to substantial growth. Latin America has increasing urbanization, along with expanding vehicle ownership, has intensified parking issues in Latin American cities. Smart Parking Systems provide a solution to efficiently manage limited parking space while accommodating growing vehicular traffic.