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Showing posts from April, 2018

The Global Satellite M2M Communications Market is Projected to be US$2 Billion by 2022

Gradually Reducing Cost & Complexity of Implementations to Drive Growth in the Global Satellite Machine-to-Machine (M2M) Communications Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Satellite Machine-to-Machine Communications (M2M) market. The global Satellite M2M Communications market is projected to be US$2 billion by 2022 in service revenues , driven by reducing cost and complexity of their implementations and subsequent rise in their adoption, particularly for remote asset tracking, monitoring and control applications. Defined as a technology that enables connection among multiple similar machines/devices over wired or wireless networks enabling data from one machine to be transmitted to other machines in the network, M2M has been gaining significant attention in recent times. By enabling direct communication and

The Global Market for Prostate Cancer Therapeutics is Projected to Reach US$13.1 Billion by 2022

Rising Prevalence of the Disease & Unmet Medical Needs Drive the Prostate Cancer Therapeutics Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Prostate Cancer Therapeutics market. The global market for Prostate Cancer Therapeutics is projected to reach US$13.1 billion by 2022 , driven by the increasing incidence of prostate cancer globally and the resulting demand for novel affordable therapies that offer high efficacy, low toxicity and longer patient survival. Prostate cancer is the most common form of cancer affecting men, with about 180,890 new cases diagnosed in 2016, as per the American Cancer Society’s estimates. Along with the increasing prevalence of prostate cancer around the world, factors driving the prostate cancer therapeutics market include the rising geriatric population base, and growing demand for nov

The Global Market for Routers is Projected to Reach US$23.5 Billion by 2024

Steep Increase in Deployment of Telecom & Datacom Networks Amid Escalating Demand for Communication Services Drive Demand for Routers, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Routers market. The global market for Routers is projected to reach US$23.5 billion by 2024 , driven by massive expansion in telecom & datacom network deployments, amid escalating demand for voice, video and data services in the enterprise and general consumer markets. A router is a specialized computer-networking device designed to aid in transmission of data packets along multiple wireless/wired networks to destinations via routing. Commonly connected to two LANs or WANs or a LAN and ISP network, a router is located at places known as gateways, where two or more Packet-Switched network connections co-exist. Along with switches, deployment o

The Global Installed Base of ATMs is Projected to Exceed 4.3 Million Units by 2024

Convenience of Anytime Cash Withdrawals Together with the Ability to Conduct Non-Cash Banking Transactions to Drive the Global Market for Automated Teller Machines (ATMs), According to New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Automated Teller Machines (ATMs) market. The global installed base of ATMs is projected to exceed 4.3 million units by 2024 , driven by technological advancements, unchallenged dominance of cash, and revolution in ATM functionality due to mobile technology. Globally, the need for cash withdrawals is expected to outpace installations of ATMs, driven by high volume of withdrawals in emerging markets. Despite the trend of cashless transactions in major societies, developing markets are expected to register a rise in ATM usage generating high volume of cash withdrawals. The ATM ecosystem comprises a large number of bus

The Global Market for Big Data is Forecast to Reach US$86.1 Billion by 2024

The Race to be More Data Driven & the Ensuing Efforts to Apply Analytics to Drive Intelligent Decisions Drives Growth of Big Data Technologies, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Big Data market. The global market for Big Data is forecast to reach US$86.1 billion by 2024 , driven by the spectacular growth in the creation and consumption of data and the ensuing rise of big data as the most valuable commodity driving competitive advantage of modern enterprises.   In the new world characterized by information explosion, incorporating analytics is the only way to remain competitive and take smart decisions in a data driven world. Data has long been a critical corporate asset, but only now it is being monetized by analytics to stay ahead of competition. With the cost of creating, aggregating, assimilating, storing, an

The Global Endodontic Supplies Market is Projected to Reach US$1.5 Billion by 2024

Rising Demand for Endodontic Treatments among the Elderly and the Lack of Alternatives to Root Canal Therapy Drive Growth in the Endodontic Supplies Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Endodontic Supplies market. The global Endodontic Supplies market is projected to reach US$1.5 billion by 2024 , driven by the growing demand for root canal therapy as the first line of treatment to save damaged or infected tooth.  Endodontics is a branch of dentistry, which is associated with the etiology, diagnosis and treatment of diseases related to dental pulp, tooth root and surrounding tissues. Also known as root canal treatment, endodontic procedures have a critical role to play in saving a diseased or injured tooth. The ever rising awareness about dental treatments and the growing desire to retain natural teeth is drivi

The Global Market for Germanium is Forecast to Reach 218.9 Thousand Kilograms by 2024

Continued Expansion of Fiber-Optic Networks and Growth in the Solar Energy Sector to Support Demand for Germanium, According to a New Report by Global Industry Analysts, Inc.                                                                                                  GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Germanium market. The global market for Germanium is forecast to reach 218.9thousand kilograms by 2024 , buoyed by continued expansion of Fiber-Optic networks across emerging markets, growing demand for infrared optics in consumer applications, rise in solar panel installations worldwide, and emergence of new end-use applications.    Germanium (Ge) is a hard, grayish white, brittle element classified as a metalloid. Used in in form of Germanium tetrachloride (GeCl4), Germanium dioxide (GeO2) and metallic Germanium, the element finds wide application in infrared optics, fibr

The U.S. Market for Intranasal Drug Delivery is Projected to Exceed US$8.1 Billion by 2024

The Continued Quest for Non-Invasive Drug Delivery Systems Spurs Encouraging Advancements in Intranasal Drug Delivery, According to a New Report by Global Industry Analysts, Inc.                                                                                                  GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the Intranasal Drug Delivery market. The U.S. market for Intranasal Drug Delivery is projected to exceed US$8.1 billion by 2024 , driven by the quest to develop an efficient and non-invasive route for systemic drug administration, as well as efforts to increase bioavailability.                                                                                               Intranasal drug delivery, a highly effective method involving the administration of drugs through the nasal cavity, is gaining prominence for its effectiveness in the treatment of a growing range of chronic and ac

The Global Market for LAN/WAN Test Equipment is Projected to Reach US$1.7 Billion by 2022

Growing Deployments of Fiber Optic and Wireless Networks to Drive Growth in the Global LAN/WAN Test Equipment Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global LAN/WAN Test Equipment market. The global market for LAN/WAN Test Equipment is projected to reach US$1.7 billion by 2022 , driven by growing deployment of fiber optic and wireless communication networks, and rising investments in sophisticated IT infrastructure in the enterprise sector. Local Area Network (LAN) and Wide Area Network (WAN) test equipment including protocol analyzers, performance analyzers & stress testers, conformance & interoperability test systems, are utilized for validating, monitoring and maintaining communication networks of various types. LAN/WAN test equipment are of high utility for communication services providers (CSPs) including t

The Global Market for Consumer Batteries is Projected to Reach US$48.4 Billion by 2024

Emergence of New Battery Chemistries & Growing Demand from Digital & Consumer Electronic Products Drive the Global Consumer Batteries Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Consumer Batteries market. The global market for Consumer Batteries is projected to reach US$48.4 billion by 2024 , driven by emergence of new chemistries, rising adoption of smart devices, proliferation of high-end IT products, smartphones and other consumer electronic/digital products. A battery, also known as an energy storage device, is a stand-alone power source that provides electrical energy without a generator, power socket or a cord. Batteries power the most cyclically sensitive industries, such as consumer durable products, electrical equipment, industrial machinery, and vehicles. Consumer batteries are the ones that are mainl

The Global Consumption of Silicon and Ferrosilicon is Projected to Reach 15.2 Million Metric Tons by 2024

Sustained Demand from Major End-Use Industries Continues to Drive Consumption of Silicon and Ferrosilicon, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Silicon and Ferrosilicon market. The global consumption of Silicon and Ferrosilicon is projected to reach 15.2 million metric tons by 2024 , driven by the increasing use of silicon in the production of aluminum alloys, and growing demand for ferrosilicon from leading end-use applications such as ferrous foundries, steel and magnesium. Silicon and ferrosilicon are similar in physical terms and are also produced using a similar process. However the two materials vary significantly in terms of their applications. While silicon finds widespread use in manufacturing aluminum alloys, semiconductors, polysilicon and silicones, ferrosilicon is predominantly utilized in the production p