Biophotonics Market Is Predicted To Grow Swiftly Due To Increase In Demand For Quality Products In The Healthcare Industry Till 2024: Grand View Research, Inc.

The global biophotonics market was valued at USD 34.29 billion in 2015, which is estimated to reach USD 91.31 billion by 2024, according to a new report by Grand View Research, Inc. The developments in optical technologies, increasing investigations by researchers, and mounting demand for early diagnosis are anticipated to drive the market growth over the forecast period. Biophotonics, being an evolving area of scientific research, has several applications due its ability to harnesses light for comprehending the functioning of cells and tissue in living organisms. This further aids in the better diagnosis of health problems.

Biophotonics market is projected to witness a high growth during the forecast period, owing to its application in optical techniques while simultaneously preserving the integrity of the biological cells under surveillance. New laser microscopes are being developed which permit measurements of distinct molecules and tissues at exceptional resolutions.

Asia Pacific Biophotonics Market by Application, 2013 - 2024 (USD Billion)

Biophotonics also finds applications in numerous procedures including new laser microscopes, which allow exceptional specifications of molecules & single tissues, optical coherence tomography that assists in the minute imaging of biomaterials, and novel light-activated chemicals utilized for welding tissues through surgical procedures.

Considering the enormous application areas, it is becoming perplexing for the key market players to commercialize this technology. However, the market is confronted with a slow commercialization rate due to the low acceptance from end-users, price sensitivity, and concerns pertaining to authenticity, quality, and reliability of the products.

Browse full research report on Biophotonics Market: www.grandviewresearch.com/industry-analysis/biophotonics-market 

                                                       

Further key findings from the report suggest:

• Asia Pacific is expected to emerge as the fastest growing market in terms of product technology upgradation. Rising awareness in this region pertaining the life of deployed soldiers and vehicles is likely to trigger government budgets allocated for defense.
• North America is likely to emerge the largest market for ballistic composites on account of favorable government budgets, policies and regulations pertaining defense initiatives.

• Polymer matrix composite is expected to experience a significant growth on account of their low cost and simple fabrication methods. Its significance lies in its ability to grow fatter and short upon being heated.

• During the forecast period, ballistic composites market is expected to be majorly driven by armor applications in body vests and defense vehicles.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/technology   

                                                  

Grand View Research has segmented the global biophotonics market on the basis of end-use, application, and region.

Biophotonics End-Use Outlook (Revenue, USD Billion; 2013 - 2024)

• Tests and components
• Medical therapeutics
• Medical diagnostics
• Non-medical application

Biophotonics Application Outlook (Revenue, USD Billion; 2013 - 2024)

• See-Through Imaging
• Microscopy
• Inside Imaging
• Spectro Molecular
• Other Analytics Sensing
• Light Therapy
• Surface Imaging
• Biosensors

Biophotonics Regional Outlook (Revenue, USD Billion; 2013 - 2024)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-biophotonics-market    

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Shared Services Center Market Is Projected To Grow At A 30% from 2015 to 2022: Grand View Research, Inc.

Over 75,000 shared services centers market are expected to be established globally by 2022, growing at a CAGR of close to 30% from 2015 to 2022, according to a new report by Grand View Research, Inc.

A shared services center (SSC) is a devoted unit that focuses on defined business functions and is structured as a centralized delivery location and point of service. The unit is responsible for specific functions, such as security, purchasing, compliance, legal, IT, payroll, HR, and accounting.

Asia Pacific shared services center market by end-use, 2012-2022, (units)

The growth prospects for this market are bullish due to increased needs for reducing costs and improving the quality of delivered services. Resourceful implementation of SSC in operational stages yields greater operational efficiency and cost reduction, while enhancing productivity. Deployment of SSC framework helps companies to focus on enhancing operations.

Availability of skilled low cost labor, tax relaxation and favorable government initiatives in select geographies such as India, China, Latin America, and some parts of Eastern Europe are envisioned to drive industry growth.

However, the complexity associated with the implementation of such a framework is presumed to challenge industry growth, as it involves the assigned tasks to be performed and shared dynamically across the various business units involved. To achieve cost reduction, organizations operate in a low cost location. However, doing so without the standardization of procedures is expected to increase the organization’s inefficiency and is expected to hinder SSC establishments.

Browse full research report on Shared Services Center Market: www.grandviewresearch.com/industry-analysis/shared-services-center-market                                                      

Further key findings from the report suggest:

• Poised to witness considerable growth over the next seven years, pharmaceutical & clinical end-use accounted for 11% of the overall market share in 2014. Rapid increase in the need to reinvent traditional pharmaceutical R&D model to continue developing new products cost-effectively and efficiently, and adjust to the industry’s new realities is expected bolster demand over the forecast period.
• Projected to grow at an estimated CAGR of 35% from 2015 to 2022, legal end-use is expected to drive the SSC industry over the forecast period. Over the last few years, emergence of new technologies coupled with the need to reduce costs in the wake of global downturn has significantly forced corporate legal departments and law firms to change their traditional business approach and to adopt shared services and outsourcing associated with the legal profession.
• BFSI end-use accounted for over 20% of the overall revenue in 2014, and is presumed to witness significant growth in the market share over the forecast period, owing to the emerging trend among companies to enhance global presence and customer satisfaction. Availability of huge and highly educated workforce, lower wages, and improved English capabilities in countries across Asia Pacific and Eastern Europe are envisioned to boost industry growth.
• Projected to grow at an estimated CAGR of over 25% from 2015 to 2022, manufacturing end-use is expected to witness healthy growth in the foreseeable future. Organizations consider Asia Pacific as the most attractive market for off-shoring destination owing to the lower wages, higher employment rates, availability of pool of talents, and skilled and educated employees in the region, which are expected to drive industry growth.
• The Asia Pacific regional market is poised for high growth throughout the forecast period. It accounted for close to 30% of the overall market share in 2014. Close-knit cultural homogeneity coupled with low-cost arbitrage has made the Asia Pacific region a preferred destination for SSC establishment.
• The presence of a large number of universities, eventually enabling access to skilled labor force, multi-lingual skills in professionals coupled with cultural similarity to Western Europe is presumed to have driven growth in the European region.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software     

                                             

Grand View Research has segmented the global shared services center market on the basis of end-use and region:

SSC End-Use Outlook (Units, 2012 - 2022)

• Pharmaceutical and clinical
• Legal
• BFSI
• Manufacturing
• Other end-use

SSC Regional Outlook (Units, 2012 - 2022)

• North America
• Europe
• CEE
• Asia Pacific
• Latin America
• MEA 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-shared-services-centers-market  

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Gallium Nitride Semiconductor Devices Market Is Poised To Reach Around $4.3 Billion By 2025: Grand View Research, Inc.

The global gallium nitride (GaN) semiconductor devices market is expected to reach USD 4.37 billion by 2025, according to a new study by Grand View Research, Inc. The growing applications of GaN in a wide variety of semiconductor devices are expected to augment the market growth. Additionally, the rapid technological advancements in performance of GaN-based semiconductors are anticipated to further promote the market growth.

GaN is rapidly replacing the existing silicon technology has become the preferred choice for power semiconductor applications. Various properties, such as high breakdown voltage, wider band gap, large critical electric field, and high thermal conductivity, enable GaN devices to operate at higher voltages, high-power density, and high switching frequencies and to offer improved power efficiency over pure silicon-based devices.

Benefits, such as high-temperature tolerance, thermal conductivity, and power density, offered by GaN-based semiconductors are promoting their application in the defense industry. Moreover, the growing expenditure and investment in the defense sectors of developed as well as developing countries are presumed to further drive the industry growth. Moreover, the growing demand for Internet-of-Things (IoT) is increasing the demand for GaN-based semiconductor devices, due to additional benefits, such as wider bandgap, large electric filed, and high breakdown voltage, offered by them.

Browse full research report on Gallium Nitride (GaN) Semiconductor Devices Market: www.grandviewresearch.com/industry-analysis/gan-gallium-nitride-semiconductor-devices-market     
                                       

Further key findings from the report suggest:

• The GaN radio frequency devices segment is expected to grow at the highest CAGR 20.4% from 2017 to 2025. This can be primarily attributed to the growing demand for these products in varied applications across automotive, healthcare, consumer electronics, and defense & aerospace sectors, among others.
• The 6 inch wafer segment is anticipated to experience grow with the highest CAGR of 21.8% from 2017 to 2025, owing to the benefit of precise current control and voltage supply.
• Asia Pacific regional market is anticipated to emerge as the fastest growing region, owing to the surge in demand for efficient and high-performance RF components
• The key industry participants include NexGen Power Systems, Inc., GaN Systems, Inc., Fujitsu Ltd., Toshiba Corporation, Qorvo, Inc., Cree, Inc., Efficient Power Conversion Corporation, Inc., and NXP Semiconductor N.V., among others

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the global Gallium Nitride (GaN) Semiconductor Devices market based on products, wafer sizes, applications, and regions:

Product Scope (Revenue, USD Million; 2014 - 2025)

• GaN Radio Frequency Devices
• Opto-semiconductors
• Power Semiconductors

Wafer Scope (Revenue, USD Million; 2014 - 2025)

• 2 inch
• 4 inch
• 6 inch
• 8 inch

Application Outlook (Revenue, USD Million; 2014 - 2025)

• Automotive
• Consumer Electronics
• Defense & Aerospace
• Healthcare
• Information & Communication Technology
• Industrial & Power
• Others

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East & Africa (MEA)

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-gan-gallium-nitride-semiconductor-devices-market    

        

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Food Robotics Market Is Predicted To Grow Swiftly Due To Rising Demand For Packaged Foods Till 2025: Grand View Research, Inc.

The global food robotics market is anticipated to reach USD 3.35 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for packaged food, need for automation, increasing food safety regulations, and high labor costs are expected to drive the food robotics market.

The industry has witnessed increasing investments in R&D activities, since the past few years, for the development of technologically-advanced robotics and automated systems. The increasing labor costs are driving the packaged food producers toward the adoption of automation systems. The application segments of the market include palletizing, packaging, repackaging, picking, and processing.  

The packaging segment is presumed to hold the highest growth rate over the forecast years. The market is witnessing increasing use of packaging automation solutions in food industries. The advantages bestowed by the technology include higher efficiency in food production and processing, increased production efficiency, and consistent quality of products.

The key market participants IN the food robotics market are ABB Group,Kawasaki Heavy Industries Ltd., Fanuc Corporation, Yaskawa Electric Corporation, and others. The vendors in the robotics and automation market are likely to witness increased demand for robotics solutions over the forecast years, owing to the increasing technological advancements.

Browse full research report on Food Robotics Market: www.grandviewresearch.com/industry-analysis/food-robotics-market 

                                         

Further key findings from the report suggest:

• The SCARA segment is presumed to be the fastest-growing segment with a CAGR of 15.5% over the forecast period
• Medium payload capacity robots are predicted to largely contribute to the market growth as they facilitate increase in performance and efficiency
• Asia Pacific is expected to be the fastest-growing region, owing to the high demand for packaged food in economies such as Japan and China
• The major players in the food robotics market are BB Group, Kawasaki Heavy Industries Ltd., Fanuc Corporation, and Yaskawa Electric Corporation

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies                                     

Grand View Research has segmented the global food robotics market based on types of robots, payload, applications, and regions:

Types of Robots outlook (Revenue, USD Million; 2014 - 2025)

• Articulated
• Parallel
• SCARA
• Cylindrical
• Other

Payload outlook (Revenue, USD Million; 2014 - 2025)

• Low
• Medium
• Heavy

Application outlook (Revenue, USD Million; 2014 - 2025)

• Packaging
• Repackaging
• Palletizing
• Picking
• Processing
• Other

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• Italy
• Asia Pacific
• Japan
• China
• Republic of Korea
• Rest of the World

Access Press Release By Grand View Research:  www.grandviewresearch.com/press-release/global-food-robotics-market   

                                                     

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Freeze Drying Equipment Market Is Anticipated To Reach $35.81 billion by 2020. : Grand View Research, Inc.

The freeze drying process is a modern replacement of traditional drying method and forecasted as a high growth industry, in the near future. The market is projected to reach a value of USD 35.81 billion by 2020. 

Dry freezing is a dehydration process, which eliminates all moisture content of a product by application of drying method followed by freezing method. The method inhibits growth of various microorganisms and contributes to a longer shelf-life of products. Various parts of the equipment include vacuum chambers and pumps, cycogenic storage area, freezing chambers and various tubes. 

The dry freezing equipment also helps in increasing longer storage period for products, preserving aroma and chemical textures of the products. These properties of dry freezing equipment have increased its demand in food and beverages industry. High demand of preserved food, rising disposable income and psychographic variance are factors that are further promoting its demand in FMCG industry. Healthcare industry is also using dry freezing equipment in preserving the quality of various pharmaceutical and biotechnological products. 

Browse full research report on Freeze Drying Equipment Market: www.grandviewresearch.com/industry-analysis/freeze-drying-equipment-market

                                      

The barriers to this industry are its high set up cost, complexity in machine-size and less adoption among many SMEs industries. The major market players of dry freeze equipment industries include SP Scientific, I.M.A, Telstar S.A., GEA Niro, and Operon. 

On the basis of usage, the dry freeze equipment market is segmented into five categories namely, bench top, industrial, general purpose, mobile and laboratory freeze dryers. As the name suggests, laboratory and bench top freeze dryers are mainly used in pharmaceutical industry. The industrial freeze dryers are used for storage of food in food and beverages industry. The mobile freeze dryers are user friendly due to its small size and mobility factor. Mobile freeze dryers, being a convenient equipment, have been continuously using by various automobiles companies and are also expected to attain high growth rate in dry freezing equipments market. The general purpose equipment is used for elimination of all moisture content from leather, flowers and food items. 

The major buyers for dry freeze equipment belong to FMCG, biotechnology, surgical and pharmaceutical industry. The leather manufacturer and flower dealers market also contributes to dry freeze equipment consumption and acts as a niche segment. With increasing global demand for flower made and leather made items, technological advancements and high-shelf life of preserved food, presence dry freeze equipments markets is prevalent in biotechnology, pharmaceutical, surgical and food & beverages industry. 

Asia pacific is one of the fastest growing markets for dry freeze equipment with continuous expansion of food and pharmaceutical industry. Europe and North America also hold a stable position in terms of higher consumption of dry freeze equipment.

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-freeze-drying-equipment   

                                                       

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Mobile VoIP Market Is Predicted To Grow Swiftly Due To The Increase In Penetration Of Smartphones Till 2024: Grand View Research, Inc.

The global mobile VoIP market is expected to reach USD 145.76 billion by 2024, according to a new report by Grand View Research, Inc. The transition to packet-switched networks from circuit switch networks is propelling the growth of mobile VoIP market. 

The deployment of 4G/LTE is one of the key drivers boosting the industry growth. The increase in the capability of wireless bandwidth services and growing investment by telecom operators in the deployment of a high-speed network is expected to enhance the usage of these services over the forecast period. Moreover, mobile VoIP service eliminates the need for voice plans, text add-ons and achieves flexibility in making unlimited, inexpensive or free calls. 

Global mobile VoIP market by region, 2014- 2024 (USD Billion)

The competition in the mobile VoIP market is intense as several new service providers are focusing on increasing their market presence by offering low-cost services enabling the use of internet-based communication. Mobile VoIP is highly dependent on the reliable high-speed network. However, limited network speed results in interrupted and disruptive communication, which is expected to challenge the industry growth over the forecast period.

Browse full research report on Mobile VoIP Market: www.grandviewresearch.com/industry-analysis/mobile-voip-market 

                                      

Further key findings from the report suggest:

• The video conferencing segment is estimated to grow at a CAGR of over 20% from 2016 to 2024. Need for scalable communication methods and growing globalization is driving the demand for video conferencing market. The increasing trend of Bring your Own Device (BYOD) is also contributing to the demand for video conferencing in the corporate sector.
• The Android OS is estimated to be the dominating segment and is expected to account for over USD 90 billion by 2024. The free availability of this OS is attracting creators for developing low-cost smartphones. Moreover, Android is an open platform, which is enabling application developers to modify the OS as per their needs thereby, boosting the demand for Android-based devices.
• The European mobile VoIP industry is anticipated to remain the largest over the forecast period. The region is expected to witness significant growth owing to the increasing smartphone users using instant messaging services such as Facebook and WhatsApp. The number of monthly active Facebook users in the region increased from 233 million in September 2015 to 240 million in December 2015.
• Asia Pacific is expected to be the fastest-growing region, rising at a CAGR of over 23% from 2016 to 2024. Increase in business activity, small and medium enterprises, and rise in start-ups are driving the growth in Asia Pacific market.
• Key players in the mobile VoIP market include Microsoft Corporation, Facebook Inc., and Vonage Holdings Corporation. The competition in providing VoIP offerings is intense, which is enabling the service providers to offer differentiated products and services.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/communication-services     

                            

Grand View Research has segmented the mobile VoIP market on the basis of services, platform and region:

Mobile VoIP Services Outlook (Revenue, USD Billion, 2014 - 2024)

• Video and voice call
• Video conferencing
• Instant messaging
• Others

Mobile VoIP Platform Outlook (Revenue, USD Billion, 2014 - 2024)

• Android OS
• iOS
• Windows OS
• Others

Mobile VoIP Regional Outlook (Revenue, USD Billion, 2014 - 2024)

• North America
• U.S.
• Canada
• Europe
•  Germany
•  U.K.
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• MEA

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-mobile-voip-market  

                                                       

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Rise In The Volume Of Data And The Shift From Traditional Tools To New Advanced Ones Is Expected To Drive In-Memory Analytics Market Till 2025: Grand View Research, Inc.

The global in-memory analytics market is expected to touch USD 6.62 billion by 2025, according to a study conducted by Grand View Research, Inc. The advancements in technology and the need for cost efficiency have increased the adoption of in-memory analytics. In-memory analytics includes various applications such as customer experience management, design & innovation, operational optimization, marketing management, real-time analysis & decision-making, and others. These solutions not only enable enterprises to increase their operational efficiency, but they also assist them in reducing expenses.

For the in-memory analytics market to work successfully, seamless connectivity is one of the most important prerequisites. The presence of a strong wireless connectivity infrastructure in regions such as North America has facilitated the widespread adoption of in-memory analytics. Hence, this regional market is expected to see substantial growth in 2017. Additionally, the presence of prominent in-memory analytics market companies such as SAS Institute, Kognitio, Qlik, SAP SE, and IBM, among others, is estimated to boost the growth prospects of the in-memory analytics market.

While the rising number of in-memory analytics devices are propelling the market growth, there has also been significant concerns over data privacy and data security. As there has been a significant increase in cyber-attacks around the world, the need to safeguard the end user from a potential attack would play an essential role in determining the growth of the in-memory analytics market.

Browse full research report on In-Memory Analytics Market: www.grandviewresearch.com/industry-analysis/in-memory-analytics-market                                         

Further key findings from the report suggest:

• Healthcare is the fastest growing vertical at a CAGR of 25.0%. The need for providing real-time insights would prove to be essential for the growth of the segment.
• Small & Medium Enterprises (SMEs) are expected to grow at a higher CAGR of 29.0% over the forecast period.
• Benefits such as cost optimization, operations management, and strategic-decision making are expected to drive the growth of the in-memory analytics market.
• Customer experience management enabling customers with customized products and services, is expected to grow at the CAGR of 24.8% over the forecast period.
• The North American region is currently leading in the market and the trend is expected to continue over the forecast period.
• The primary reasons behind the growth of North American region are the early adoption of the technology and the presence of leading market players.
• Prominent players operating in the in-memory analytics market include Oracle, SAP SE, MicroStrategy Inc., International Business Machines (IBM), Software AG, among others.

Browse more reports of this category by Grand View Research: www.grandviewresearch.com/industry/emerging-and-next-generation-technologies                                   

Grand View Research has segmented the global in-memory analytics market on the basis of application, end-use, vertical and region:

Application Outlook (Revenue, USD Million; 2014 - 2025)

• Customer Experience Management
• Design & Innovation
• Operational Optimization
• Marketing Management
• Real-Time Analysis and Decision-Making
• Others

End-Use Outlook (Revenue, USD Million; 2014 - 2025)

• SMEs
• Large Enterprises

Vertical Outlook (Revenue, USD Million; 2014 - 2025)

• BFSI
• Retail & E-commerce
• Government & Defense
• Healthcare
• Manufacturing
• Telcos & ITES
• Others

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• Japan
• Latin America
• Middle East & Africa (MEA) 

Access Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-in-memory-analytics-market  

                                                        

About Grand View Research:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com