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Global Colorants Market 2019 Analysis May Set New Growth Story, Forecast to 2026
Global Colorants Market: Trending in 2021
New York, NY 26 May 2021:  The global colorants market size estimated to be worth of USD 79.8 billion by 2026 and is projected to grow at a CAGR of 5.3% over the forecast period.
Colorants are products that have the ability of value addition and are used in various applications such as paper, food & beverages, textiles, plastics, paints, cosmetics, leather, inks, photos, and medical applications among others. They are used to transform products into aesthetically superior ones, thus benefitting the product’s demand. The global growth in key end use industries such as textiles and plastics among others, is expected to benefit the global colorants market over the forecast period.
Colorants can be classified into two broad types, these include dyes and pigments. Pigments can be defined as powdered or granular substances that are insoluble and impart color by reflecting certain rays of light. Industries such as ink, paints are the major end uses of pigment paints.
Dyes are soluble substances that are employed to pass color to the substrates. Mainly, the major end – users of dyes include leather and the textile industries. Due to rising population and increasing disposable income, the textile industry has witnessed a rapid growth in the past few years. This has benefitted the dyes demand in the recent past.
The market is characterized by a shifting interest towards naturally derived colorants. There is uncertainty prevalent in the consumers regarding the safety of synthetic colors. The image of natural colorants that is perceived by consumers is good and healthy.
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Synthetic colors are being perceived as those responsible for allergenic reactions and other disorders. This has paved way for opening up of new avenues and market opportunities for natural food color manufacturers. Such trends are expected to benefit the colorants market demand over the forecast period.
Therefore, due to rising demand for natural food colors across the globe, manufacturers are evaluating novel routes to produce these colors. Biotechnological processes such as fermentation, algae cultures as well as plant cell routes are being evaluated.
The compulsory tests that have to be carried out, prior commercialization of the product, is expected to hinder market growth. Toxicology test is one of such tests. The huge investment required for Research and Development as well as for testing of the product is a huge impediment for market participants. In addition, the dislike of customers for novel products is also expected to restrain market growth. One of the other factors restraining market growth is the prevalence of stringent regulations governing the launch of new products.
The main focus of these manufacturers is to develop a biotechnological route that can produce colors ranging from yellow to blue among others. To achieve this, researchers are focusing on the development of organisms that can produce phycobiliproteins, carotenoids and other types that possess the aforementioned colors.
Major industry participants include BASF SE, Clariant, E. I. Du Pont De Nemours and Company, Huntsman Corporation, DIC Corporation, Cabot Corporation, Dystar, Lanxess, Polyone Corporation, Sun Chemical Corporation, Ampacet Corporation, Chromatech Incorporated, Sudarshan Chemical Industries Limited, Chromatech Incorporated, Heubach Color, Holland Colours, Greenville Colorants, LLC, Solvay among others.
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Polaris Market Research has segmented the global colorants market on the basis of Product, End-use and Region:
Colorants Product Outlook (Volume, Tons; Revenue, USD Million, 2015 – 2026)
Pigments
Dyes
Color Concentrates
Masterbatches
Organic
Inorganic
Natural Dyes
Synthetic Dyes
Solid concentrates
Liquid concentrates
Colorants End-use Outlook (Volume, Tons; Revenue, USD Million, 2015 – 2026)
Paper & Printing
Packaging
Building & Construction
Textiles
Automotive
Others
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Web: http://www.polarismarketresearch.com
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Bio-based Polymers Market Detailed Analysis, Challenges And Forecast 2026
Global Bio-based Polymers Market: Trending in 2021
New York, NY 26 May 2021: The global bio-based polymers market was estimated to be worth of USD 14.2 billion in 2018 and is projected to grow at a CAGR of 10% over the forecast period. The report ‘Bio-based Polymers Market Share, Size, Trends, & Industry Analysis Report, [By Product (PET, PA, PEF, PE, PUR, PBS, PHA, PTT, PBS, Epoxies, PEF, Others), By End-Use (Textile, Automotive, Films & Coatings, Electronics, Industrial), By Regions]: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects.
Bio-based polymers are obtained through the polymerization of bio-based raw materials through engineered industrial processes. The raw materials of bio-based polymers are either isolated from plants and animals or synthesized from biomass using enzymes or microorganisms. The raw materials used for manufacturing bio-based polymers includes corn fiber, wheat by-products, food processing waste, paper mill sludge, stems, leaves, livestock waste, and others.
Initially bio-based functional polymers were derived from agricultural feedstock, but a recent breakthrough in technology has shifted focus to derive from nucleic acids, proteins, polysaccharides, and bacterial fermentation by synthesizing monomers like fatty acids, cellulose, and starch.
Increasing dependence on synthetic polymers has led to a rise in environment risks associated with disposal and recycling. The combustion of these synthetic polymers releases harmful greenhouse gasses (GHGs) and other toxic gasses into the atmosphere, thereby degrading the environment and leading to ozone depletion & global warming. Stringent environmental regulations on fossil fuel products by regulatory authorities such as the EPA and REACH coupled with government initiatives to reduce dependency on petrochemicals have been responsible for the development of bio-based alternatives.
This is further supported by the increasing awareness towards sustainability and growing demand for bio-based polymers from various end-use industries such as automotive, electrical & electronics, construction, and footwear. Bio-based construction polymer market is in its nascent phase and is estimated to witness significant growth over the next six years on account of the increasing demand from end-use industries.
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The commercially available bio-based polymer comprises 100% biomass content. Currently, bio-based polymer is derived from corn fiber, wheat by-products, food processing waste, paper mill sludge, stems, leaves, livestock waste. However, companies have been making significant investments in developing 100% bio-based polymers, which do not require fossil fuel or petrochemical byproducts.
The bio-based polymers are manufactured through the polymerization of bio-based raw materials through engineered industrial processes. Bio-based polymers are usually manufactured from vegetable oils derived from castor, soybean, rapeseed, or sunflower corn fiber, wheat by-products, food processing waste, paper mill sludge, stems, leaves, livestock waste, and others.
The major global raw material manufacturers include companies such as Victrexplc, Mitsubishi, and Wageningen UR among several others. The bio-based content in polymer varies depending on the type of feedstock that is used during manufacturing.
Major bio-based polymer manufacturers include Cargill, Lubrizol, BASF SE, Bayer Material Science, and Dow Chemical where these companies further process polymer using numerous industrial techniques. In certain cases, some companies supply the unfinished biopolymer to other small and medium-scaled companies. Moreover, several major players operating in the market such as BASF SE, Cargill, Bayer Material Science, Bio Based Technologies, and BioAmber have forward integrated their operations, starting from producing raw materials to production of bio-based polymer.
Major polymer manufacturers are shifting their focus towards developing sustainable technologies and are collaborating with various individual bio-based technology manufacturers in order to produce bio-based polymers. The bio-based polymer industry is consolidated in nature and has witnessed numerous M&A over the past few years.
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Polaris Market Research has segmented the global bio-based polymers market on the basis of Product, End-use and Region:
Bio-based Polymers by Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
PET
PA
PEF
PE
PUR
PBS
PHA
PTT
PBS
Epoxies
PEF
Others
Bio-based Polymers by End-Use Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 – 2026)
Textile
Automotive
Films & Coatings
Electronics
Industrial
Others
Have Any Query or Specific Requirement? Request for customization: https://www.polarismarketresearch.com/industry-analysis/bio-based-polymers-market/request-for-customization
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Web: http://www.polarismarketresearch.com
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Freeze Drying Equipment Market is Anticipated to Gain Moderate CAGR by 2026
Global Freeze Drying Equipment Market: Trending in 2021
New York, NY 26 May 2021: The global freeze drying equipment market size is expected to reach USD 3.11 Billion by 2026 according to a new study by Polaris Market Research. The report “Freeze Drying Equipment Market Share, Size, Trends, Industry Analysis Report By Product Type, By Application, By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Freeze drying is the effective way of drying various heat sensitive, unstable and aqueous products. Lyophilization is used in pharmaceuticals manufacturing in the healthcare industry. Freeze drying process is used to conserve the decay of food materials by slowing down the decomposition process. This process preserves the quality, taste and texture of wide range of products. This is the reason for its wide usage in food processing industry and healthcare industry.
The rapidly growing food processing industry is expected to be one of the major reasons for the augment in demand for freeze drying equipment over the forecast period. In addition to this, the growing healthcare industry is also anticipated to propel the growth of freeze-drying equipment market over the forecast period. Rise in awareness pertaining to various benefits such as enhanced efficiency with regards to air drying and desiccant drying associated with these products is also anticipated to drive the growth of this market over the forecast period.  The rapidly growing urbanization coupled with increasing consumption of preserved foods is also anticipated to fuel the growth of freeze-drying equipment market. Various companies in the market have adopted mergers and acquisitions as a key developmental strategy.
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Industrial freezers hold a major share in the global market. This is mainly due to its usage in various industrial areas because of its high efficiency. Pharmaceuticals and food processing industries are anticipated to hold a massive share in the global showcase. However, the food processing segment is expected to witness highest growth rate over the forecast period. This equipment are widely used in pharmaceutical industry to store and stable the drugs and also to preserve biologicals such as viruses & bacteria, proteins, enzymes, and penicillin.
Asia Pacific is expected to witness exponential growth in demand for freeze drying equipment market over the forecast period. There has been increase in awareness activities pertaining to benefits associated with the usage of freeze drying equipment amongst the industries in this region. This in turn, has led to augment in demand for this equipment in the recent years, thus fueling the growth of the market. In addition to this, North America and Europe are expected to also contribute a major share in the global market owing to the existence of leather tanneries. Hence, the market size is anticipated to witness significant growth in these regions.
The key leading players in the market include Tofflon Science and Technology Co., Ltd, GEA Group, Labconco Corporation, Azbil Corporation, EYELA, Harvest Right, Millrock Technology, Inc., SP Scientific, Yamato Scientific America Inc., Z-SC1 Corp., Mechatech Systems Ltd., OctoFrost Group and USIFROID among others. These key market players are continuously focusing on R&D activities in order to gain major market share. In addition to this, the key market players in have adopted the strategy of signing agreements with other small players so as to geographically increase the visibility of their products.
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Polaris Market research has segmented the freeze drying equipment market report on the basis of product type, application, and region:
Freeze Drying Equipment Product Type Outlook (Revenue, USD Million, 2015 – 2026)
Bench Top Freeze Dryers
Laboratory Freeze Dryers
Mobile Freeze Dryers
General Purpose Freeze Dryers
Industrial Freeze Dryers
Others
Freeze Drying Equipment Application Outlook (Revenue, USD Million, 2015 – 2026)
Pharmaceuticals
Biotechnology
Food Processing
Surgical Procedures
Others
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Web: http://www.polarismarketresearch.com
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Mindfulness Meditation Apps Market Insight And Growth By Top Companies 2027
Global Mindfulness Meditation Apps Market: Trending in 2021
New York, NY 26 May 2021: The global mindfulness mediation apps market size is expected to reach USD 4,206.1 million by 2027 according to a new study by Polaris Market Research. The report “Mindfulness Meditation Apps Market Share, Size, Trends, Industry Analysis Report, By Operating System (Android, iOS, Others); By Service Type (Paid-in App purchases, Free); By Age Group (6–12 Years Old, 13–18 Years Old, and 19 Above); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Mindfulness Meditation Applications are Android and iOS apps developed to help end users to build awareness through meditation. In other words, the term mindfulness meditation helps to understand our behaviors and emotions, enjoy a moment of calm, bring more joy, clarity and peace of mind into life and helps to overcome the mental illness through free and paid available apps on devices.
On the backdrop of transforming consumer’s preference with integration of sensor technologies, increased adoption of smart phones and growing reliance on digital platform are factors contributing to the optimistic outlook of the global market. Consumers from China, U.S., Japan, South Korea and European nations is anticipated to show more willingness towards spending on mindfulness meditation apps. Over the years, the global market has witnessed several collaboration and partnerships between the app developers and public & private institutions, airlines, communities and others which has create several growth opportunities for app developers.
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Recent technological advancements by key companies, such as advanced sensor and touch input technologies are helping the end users to monitor the brain activities and to meditate properly. These new technologies are gaining momentum in the global market not only because of the physical wellness of the end users but for also providing mental wellness to the end users.
Stress and depression level among end users worldwide is playing a key factor while adopting mindfulness meditation applications. Approximately 1 out of 6 people are currently facing at least one mental disorder across the globe. In the UK, US, and China, almost more than 65%, 30%, 40% of people are reported with mental disorder respectively. As a result of this, meditation applications are becoming a source of life for overstressed end users. Key companies in the mindfulness meditation application industry, including Headspace, Calm, and others have witnessed a more than 65 Mn downloads with over 50,000 downloads each day of these apps across more than 180 countries.
Market participants such as Calm, Headspace, Breethe, Insight Timer, Waking Up, Meditopia, BetterMe, Simple Habit, Aura Health, and Moov are some of the key players operating in the global mindfulness meditation apps market. Two industry giants, Calm and Headspace holds the leading share in the global market and is likely to attract more investors and consumers in near future owing to its brand positioning across the globe.
In June 2020, Snap Inc., the U.S. based tech start up announced the launch of in-App meditation experience in association with the Headspace, well known provider of guided meditation to improve happiness, health, and mindful-ness across the globe. The company’s feature will provide mindful and meditation exercises to the stressed individuals from daily routine.
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Polaris Market research has segmented the Mindfulness Meditation Apps market report on the basis of operating system, service type, age group, and region
Mindfulness Meditation Apps Operating System Outlook (Revenue – USD Million, 2016 – 2027)
Android
iOS
Others
Mindfulness Meditation Apps Service Type Outlook (Revenue – USD Million, 2016 – 2027)
Paid-in App purchases
Free
Mindfulness Meditation Apps Age Group Outlook (Revenue – USD Million, 2016 – 2027)
6–12 Years Old
13–18 Years Old
19 Above
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Web: http://www.polarismarketresearch.com
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Bone Grafts and Substitutes Market Product by Demands, Size, Share and Growth 2026 | By Industry Growth
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Global Bone Grafts and Substitutes Market: Trending in 2021
New York, NY 26 May 2021: The global bone grafts and substitutes market size is expected to reach USD 4.15 billion by 2026 according to a new study by Polaris Market Research. The report “Bone Grafts and Substitutes Market Size, Share & Trends Analysis Report, By Material Type (Natural, Synthetic); By Application Type (Spinal Fusion, Craniomaxillofacial, Long Bone); By Region, Segment Forecasts, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future industry growth.
For decades, bone grafts have been utilized in regenerate the bone, restore the structure and relieve pain. Autographs were traditionally utilized for bone grafting, using the bone of patience itself as a graft. Added to this, autologous bone grafts have been regarded as bone transplant gold standard. However, the use of autologous bone grafts in both tissue harvesting and transplant locations includes the danger of transferring infection during surgical procedures. This can lead to delayed healing of wound and extended stays in hospital. In order to overcome the drawbacks associated with autologous grafts, allografts were introduced in the market.
Increasing instances of orthopedic surgery and musculoskeletal illnesses (MSD) requiring the use of bone grafts and replacements will drive market growth. Approximately 3 million musculoskeletal interventions operate annually in the United States, for instance, according to the American Academy of Orthopedic Surgeons. Moreover, bone grafts are also reported to be used worldwide in approximately 2.2 million orthopedic procedures. Increasing use of bone grafts combined with growing instances of illnesses requiring the use of these products will therefore increase the development of the market for bone grafts and replacements. Allografts have both osteo-inductive and osteo-conductive characteristics and therefore serve as autograph replacements. During the forecast period, ready availability of allografts in different shapes and sizes that can be processed in different forms like chips and others as required is likely to increase the allografts segment of the bone grafts and replacements market.
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Bone grafts and substitutes have been used to treat flaws considerably. Osteogenesis, osteoinduction, osteoconduction, and structural support are the basic characteristics of bone graft. The fast advances seen in technology and product innovations fuel the development of the worldwide industry for bone grafts and replacements. In addition, the growing amount of musculoskeletal circumstances such as osteoarthritis, rheumatoid arthritis, and psoriatic arthritis is another key factor likely to further boost the worldwide bone grafts and replacements market over the timeframe forecast.
Increasing the amount of bone grafting processes, growing aging population with demand for high-quality musculoskeletal function in ancient age, and increasing penetration of specialty orthopedic clinics and health insurance are the main drivers of industry growth. The danger and complications of bone grafting processes and elevated bone graft therapy costs, however, restrict industry growth. Growing consumer awareness of appearance, increasing preference for natural / organic goods, increasing disposable income in emerging economies, the accessibility of technologically sophisticated are driving this industry’s development. On the other side, it is probable that deceptive marketing methods will restrict market growth. It is anticipated that the increasing number of middle-aged people, a fast-paced life and a burgeoning urban population will further drive demand.
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In the years ahead, North America is expected to lead the worldwide bone grafts industry. North America retained approximately 38 percent of worldwide bone grafts and replacement market share in 2019. In specific, the US is leading the worldwide industry by generating enormous demand for products due to a large incidence of trauma-related accidents and orthopedic illnesses. Rising osteoarthritis events have resulted to increased demand for bone grafts and replacements used for therapy and transplantation. This also drives the North American bone grafts & substitutes market. In the years ahead, Europe is expected to demonstrate fast development in bone grafts and replace the globally. Due to the increasing demand for innovative and technologically advanced therapies for chronic disease therapy and the existence of major players, Europe was the world’s second major industry in 2019.
Some of the main players on the industry are Orthofix Holdings, Inc.; DePuy Synthes; Medtronic PLC; Stryker Corp, Nuvasive, Inc.; and AlloSource, Inc. among other players.
Polaris Market research has segmented the bone grafts and substitutes industry report on the basis of material, application type, and region
Bone Grafts and Substitutes Material Type Outlook (Revenue, USD Million, 2015 – 2026)
Natural
Synthetic
Bone Grafts and Substitutes Application Type Outlook (Revenue, USD Million, 2015 – 2026)
Spinal Fusion
Craniomaxillofacial
Long Bone
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Web: http://www.polarismarketresearch.com
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Global Fall Protection Equipment Market Trends, Industry Report 2026
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Global Fall Protection Equipment Market: Trending in 2021
New York, NY 26 May 2021: The global fall protection equipment market size is expected to reach USD 2.9 billion by 2026 according to a new study by Polaris Market Research. The report “Fall Protection Equipment Market Share, Size, Trends, Industry Analysis Report By Product (Hard Goods, Soft Goods, Rescue Kits, Full Body Harness and Body Belts); By Application (Oil & Gas, Construction, Transportation, Mining, Telecom, Energy & Utilities, General Industry); By Regions, Segment Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global demand for fall protection equipment is escalating, with increasing focus on workers ‘ safety in construction, mining, energy and oil and gas industries. They include the use of controls that are preferably designed to protect staff from death and injury. Incident and occupational risk, including falling off overhead platforms or elevated workstations, is expected to contribute to the protection of industry demand.
Market growth is driven by a growing awareness of industrial security and stringent government safety regulations in various industries. One of the main drivers is increasing demand for fall protection equipment from the construction industry. However, increasing automation is expected to limit market growth in the end-use industries. In addition to this, the lack of awareness is expected to hamper the growth of this market over the forecast period. Increasing stringent regulations pertaining to safety of employees is also expected to bring in new opportunities for the key players in this market.
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It is estimated that the body belts segment may surpass consumption of 53 million units by 2026 in the overall market. These are used primarily together with a full body harness for injury protection. OSHA also recommends the utilization of body belts from elevated platforms. Construction market segment is anticipated to hold major share in the global market till the end of forecast period. In addition to this, mining industry is also expected to witness significant growth in the global market over the forecast period.
During the forecast period, North America will be followed closely by Europe. The market is expected to grow enormously due to rapid industrialization in both of these regions. In particular, Asia Pacific, due to anticipated growth in the construction industry during the forecast period, will be seen to increase the demand for fall protection equipment. This market growth can be mainly attributed to the rapid development of infrastructure, high investment in new industries, and the rise in construction in residential and commercial buildings in countries such as India, Indonesia, Thailand and China. The high demand for fall-protection equipment in the ever growing energy and utility industry of Latin America market is expected to register a significant CAGR during the forecast period.
Some of the key players in the market include 3M, MSA Safety Company, SKYLOTEC, Capital Safety, Honeywell Miller, Eurosafe Solutions, ABS Safety, Gravitec System, French Creek Production, FallTech and DBI-SALA . The key players in this market have adopted the strategy of mergers and acquisitions as a part of their strategy in order to gain competitive share in the global market.
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Polaris Market research has segmented the fall protection equipment market report on the basis of type, application and region
Fall Protection Equipment Product Type Outlook (Volume- Units, Revenue – USD Million, 2015 – 2026)
Hard Goods
Soft Goods
Rescue Kits
Full Body Harness
Body Belts
Fall Protection Equipment Application Outlook (Volume- Units, Revenue – USD Million, 2015 – 2026)
Oil & Gas
Construction
Transportation
Mining
Telecom
Energy & Utilities
General Industry
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Web: http://www.polarismarketresearch.com
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Web Real-Time Communication (WebRTC) Market Analysis By Key Players, Applications 2026
Global Web Real-Time Communication (WebRTC) Market: Trending in 2021
New York, NY 26 May 2021: The global Web Real-Time Communication market size is expected to reach USD 16,570.5 million by 2026 according to a new study by Polaris Market Research. The report “Web Real-Time Communication Market Share, Size, Trends, Industry Analysis Report, By Platform (Mobile Applications, Web Browser, Others); By Product (Solution [Video Conferencing, Voice Calling, Collaboration, Others], Services [Consulting, Implementation, Others]); By End-User (BFSI, Healthcare, Manufacturing, IT and Telecom, Retail, Transportation, Others); By Regions; Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The WebRTC market is projected to witness a significant growth over the forecast period. WebRTC provides a platform for real-time voice or video communications with other WebRTC devices. WebRTC is an open-source API offering high quality voice and video communication, while improving security against external attacks. It is adaptable to diverse network conditions and supports multiple media types and endpoints. There has been a massive increase in need for secure and affordable communication solutions by organizations owing to increased adoption of mobile devices, BYOD, IoT, and social media.
There has been an increasing integration of WebRTC solutions within dedicated desktop and mobile apps for provision of effective and secure voice, video, and data sharing support. Adoption of WebRTC offers an improved voice and video experience while significantly reducing bandwidth and network resources. It also offers improved support for mobile apps on smartphones and tablets. It offers off-the-shelf solutions for integration into other software. Organizations across the world are adopting WebRTC solutions for enhancing their external and in-house communication software for effective real-time video conferencing and support.
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The end-users of Web Real-Time Communication include BFSI, healthcare, manufacturing, IT and telecom, retail, transportation, and others. The IT and Telecom segment accounted for the highest share in 2019. However, the healthcare segment is expected to grow at the highest rate during the forecast period. In April 2018, TokBox, was selected by InTouch Health to provide WebRTC solutions to enhance its platform and deliver improved remote clinical care to patients. InTouch Health is a telehealth and telecommunications network offering virtual healthcare services to patients. The solution offered by TokBox implements AES encryption for protection of critical patient data.
North America dominated the global WebRTC market in 2019 and is expected to maintain its dominance over the forecast period. Rising applications in industries such as retail, healthcare, transportation, and manufacturing in the North American region is a significant driver for market growth. Rise in investment by small and medium sized businesses, along with technological advancement in telecommunication industry, is expected to drive the WebRTC market growth during the forecast period. The growing adoption of IoT, BYOD, and smart cities is expected to raise the market investment during the forecast period.
The Web Real-Time Communication market is characterized by established companies and large giants. Owing to technological advancements, and growing need to improve secure communication, companies are collaborating in order to retain the customers and gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include Cisco Systems, Inc., Oracle Corporation, AT&T Inc., Polycom, Inc., Google Inc., Avaya, Inc, Genband Inc., Cafex Communications, Inc., Plivo, Inc., Tokbox Inc., Mitel Networks, Alcatel-Lucent, International Business Machines Corporation, and Dialogic Corporation among others.
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Polaris Market research has segmented the Web Real-Time Communication market report on the basis of Platform, Product, End-User, and Region
Web Real-Time Communication Platform Outlook (Revenue, USD Million, 2015 – 2026)
Mobile Applications
Web Browser
Others
Web Real-Time Communication Product Outlook (Revenue, USD Million, 2015 – 2026)
Solution
Services
Video Conferencing
Voice Calling
Collaboration
Others
Consulting
Implementation
Others
Web Real-Time Communication End-User Outlook (Revenue, USD Million, 2015 – 2026)
BFSI
Healthcare
Manufacturing
IT and Telecom
Retail
Transportation
Others
Have Any Query or Specific Requirement? Request for customization: https://www.polarismarketresearch.com/industry-analysis/web-real-time-communication-market/request-for-customization
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Web: http://www.polarismarketresearch.com
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