Mobile Computer Market: Type, and End-use Industry

 

Meticulous Research®—a leading global market research company, published a research report titled, ‘Mobile Computer Market by Device Type (Key-based, Full-touch PDA-based, Rugged Tablet, and Software), Portability Type (Handheld, Wearable, Vehicle Mounted Computer), and End-use Industry (Retail, Warehouse, E-Commerce)—Global Forecast to 2029’.

 

Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5310?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=12-03-2024

 

According to this latest publication from Meticulous Research®, the global mobile computer market is expected to reach $3.3 billion by 2029, at a CAGR of 7.4% during the forecast period 2022–2029. Manual data capture and associated errors were a concern in the past, resulting in significant time and capital losses. Traditional data capture and entry methods have been shown to have an error rate as high as 4% without additional verification steps.

 

The rising need to eliminate manual data capture and entry errors, growing government initiatives for the use of AIDC technology, and growing demand for mobile computing in warehouses and distribution centers are the major factors driving the demand for mobile computers.

 

Considering the growth of the mobile computers market, major players are increasing their market presence with expansion, investment, and technological upgradation. For instance, in March 2022, Zebra Technologies Corporation showcased its first all-in-one Android-based wearable computer, an RFID sled, and AMR, all designed to help reduce worker strain. WS50 Android wearable computer is half the size of traditional wearables and includes a small display, WiFi, and an imager or camera, eliminating the need for multiple devices supporting hands-free workflows, such as picking, sorting, loading, and putting away. The WS50 supports task management and communication in warehouse, manufacturing, and retail environments with powerful data capture capabilities and an integrated speaker and microphone. With the option of three different wearable styles, including the back of the hand, wrist, or, on the fingers, the ergonomic WS50 wearable computer provides users with the flexibility they need that’s right for the job.

 

Browse in depth @ https://www.meticulousresearch.com/product/mobile-computer-market-5310?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=12-03-2024

 

The mobile computers market is segmented based on device type, portability type, end-use industry, and geography. This study also evaluates industry competitors and analyzes the market based on countries.

 

Based on device type, the mobile computer market is segmented into key-based mobile computers, full-touch PDA-based mobile computers, rugged tablets, and software. In 2022, the full-touch PDA-based mobile computer segment is expected to account for the largest share of the mobile computers market. These mobile computer offers benefits such as more screen space for the same overall mobile computer size, greater ability to customize or add keyboards and add multiple keyboards, which provides the use of both optimized alpha and numeric keyboards. Further, it is estimated that the same segment will grow at the fastest rate during the forecast period.

 

Based on portability type, the mobile computers market is segmented into handheld computers, wearable computers, and vehicle-mounted computers. In 2022, the handheld computers segment is expected to account for the largest share of the mobile computers market. The main advantage of a handheld computer is that it makes information accessible on-the-go. In a warehouse, order pickers can get up-to-minute information at any time. With a handheld computer, there is no paperwork to fill out and less possibility of human errors, leading to incorrectly picked or packed orders. Also, handheld computers are used for accurately on-the-spot data collection.

 

Speck to our analyst @  https://www.meticulousresearch.com/speak-to-analyst/cp_id=5310?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=12-03-2024

 

Based on end-use industry, the mobile computers market is segmented into transportation, manufacturing, banking & finance, retail, healthcare & life sciences, warehouse & logistics, e-commerce, and other end-use industries (government, hospitality, fleet management, and food & beverage). In 2022, the warehouse & logistics segment is estimated to account for the largest market share due to the growing adoption of mobile computers in its daily operations. However, the healthcare segment is slated to become the fastest growing segment during the forecast period. Mobile devices help doctors and nurses by allowing them to keep accurate records of patients and their prescriptions. The errors which could be caused by handwritten notes are minimized by digitized documents.

 

Based on geography, the mobile computers market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is estimated to account for the largest market share due to the large adoption of mobile computers in regional industries such as healthcare, retail, e-commerce, and manufacturing. The Asia-Pacific region is slated to register the highest CAGR during the forecast period. The growing market of e-commerce, manufacturing, and other end-use industries in countries such as China, India, South Korea, Singapore, and Japan is driving the adoption of mobile computers.

 

Request Free Research Report Sample @ https://www.meticulousresearch.com/request-sample-report/cp_id=5310?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=12-03-2024

 

Key Players:

 

The key players operating in the mobile computer market include Newland EMEA (Netherlands), Zebra Technologies Corporation (U.S.), Honeywell International Inc. (U.S.), Datalogic S.P.A. (Italy), Bluebird Inc. (South Korea), Opticon Sensors Europe B.V. (Netherlands), Winmate, Inc. (Taiwan), JLT Mobile Contacts (Sweden), Wasp Barcode Technologies (U.S.), Keyence Corporation of America (U.S.), Transition Products Inc. (U.S.), Handheld Group (Sweden), Comark (U.S.), Advantech Co., Ltd. (Taiwan), and Denso ADC (U.S.).

 

TOP 10 COMPANIES IN MOBILE COMPUTERS MARKET >> https://meticulousblog.org/top-10-companies-in-mobile-computers-market/?utm_source=pr&utm_medium=social&utm_campaign=product&utm_content=12-03-2024

 

Automated Material Handling Systems Market to be Worth $70.1 Billion by 2030

 

Meticulous Research®—a leading global market research company, published a research report titled, ‘Automated Material Handling Systems Market by Type (ASRS, AGV, Robotic Systems), Component, Function (Assembly, Picking, Sorting), End-use Industry (Automotive, Healthcare, Semiconductor, Manufacturing, Retail, Aviation, Postal) - Global Forecast to 2030.’

 

Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5149?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=01-03-2024

 

According to this latest publication from Meticulous Research®, the global automated material handling systems market is projected to reach $70.1 billion by 2030, at a CAGR of 8.3% from 2023 to 2030. The growth of the automated material handling systems market is driven by the growing importance of AMHS across industries, enterprises’ increasing focus on improving floor space utilization and order processing capabilities, and the rising demand for warehouse automation. However, the high initial costs of AMHS deployment restrain the growth of this market. The growing significance of online retail platforms and associated supply chains, the increasing utilization of RFID and barcode technologies, the integration of cloud and IoT technologies in AMHS, and the advent of Industry 4.0 are expected to generate growth opportunities for the players operating in this market. However, the expansion and automation of warehouses without hampering operations and cybersecurity risks are challenges for the growth of this market. Additionally, the increasing adoption of Robots as a Service (RaaS) is a prominent trend in the automated material handling systems market.

 

The global automated material handling systems market is segmented by type, component, function, and end-use industry. The study also evaluates industry competitors and analyzes the market at the region/country level.

Based on type, the global automated material handling systems market is segmented into automated storage & retrieval systems, vehicle systems, conveyor & sortation systems, palletizing & depalletizing systems, and robotic systems. In 2023, the robotic systems segment is expected to account for the largest share of the global automated material handling systems market. The large market share of this segment is mainly attributed to the growing adoption of automation in manufacturing, increasing use of robotic systems to handle hazardous tasks, improved overall equipment effectiveness (OEE), increased production output, and advancements in robotics technology.

Browse in depth @ https://www.meticulousresearch.com/product/automated-material-handling-systems-market-5149?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=01-03-2024

 

 

However, the vehicle systems segment is projected to record the highest CAGR during the forecast period, mainly due to factors such as the increasing adoption of AGVs in various industries, including automotive and manufacturing, the growing need for automated material movement, enhanced production output, faster cycle times, and reduced labor costs, and increasing industrial growth in emerging economies.

 

Based on component, the global automated material handling systems (AMHS) market is segmented into hardware, software, and services. In 2023, the hardware segment is expected to account for the largest share of the global automated material handling systems market. The segment’s large share is mainly attributed to the increasing demand for industrial hardware components such as programmable logic controllers (PLCs) and sensors, rapid industrialization, and the rising need for robust industrial hardware for networking, data storage, and processing.

 

Based on function, the global automated material handling systems market is segmented into assembling, picking, sorting, packaging, shipping, receiving, and storing. In 2023, the picking segment is expected to account for the largest share of the global automated material handling systems market. The segment’s large share is mainly attributed to the growing need to ensure accurate inventory tracking, efficient replenishment, and timely reordering to avoid stockouts and backorders, reduce the time taken to pick and pack items, enable faster order processing and shipping, optimize the picking process, and maximize overall throughput in warehouse and distribution center operations.

 

Request Free Research Report Sample @ https://www.meticulousresearch.com/request-sample-report/cp_id=5149?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=01-03-2024

 

Moreover, the picking segment is also projected to record the highest CAGR during the forecast period.

 

Based on end-use industry, the global automated material handling systems market is segmented into automotive, electronics & semiconductors, general manufacturing, retail & warehousing/logistics, aviation, chemical, rubber, and plastic, healthcare & pharma, food & beverage, postal & parcel, and other end-use industries. In 2023, the automotive segment is expected to account for the largest share of the global automated material handling systems market. The segment’s large share is mainly attributed to automotive companies’ increasing need to optimize material flow, reduce manual labor, improve production efficiency, inventory management, and overall supply chain efficiency, and automate material handling tasks such as conveying, sorting, palletizing, depalletizing, and storage/retrieval for smooth production flow and minimal inventory buildup.

 

However, the healthcare & pharma segment is projected to record the highest CAGR during the forecast period, mainly due to the industries’ growing need for accurate tracking, tracing, and handling of pharmaceuticals and medical supplies and improving efficiency and safety in processes, including pharmaceutical and medical manufacturing and distribution, and hospital operations.

 

Based on geography, the global automated material handling systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global automated material handling systems market, followed by Europe, North America, Latin America, and the Middle East & Africa. The region is also expected to witness rapid growth during the forecast period. The large market share of Asia-Pacific is mainly attributed to the factors such as the rapidly transforming manufacturing and warehousing infrastructure, increasing investments in several innovative technologies, consistent technological advancements, an increasing emphasis on robotics and automation, and growth in the e-commerce sector are driving the growth of this market.

Speck to our analyst @   https://www.meticulousresearch.com/speak-to-analyst/cp_id=5149?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=01-03-2024

 

 

Key Players

 

The key players operating in the automated material handling systems market are SSI SCHÄFER AG (Germany), Murata Machinery, Ltd. (Japan), KNAPP AG (Austria), BEUMER Group GmbH & Co. KG (Germany), Swisslog Holding AG (Switzerland) (A Part of KUKA AG), TGW Logistics Group GmbH (Austria), WITRON Service GmbH & Co. KG (Germany), Kardex Holding AG (Switzerland), E80 GROUP S.P.A. (Italy), System Logistics S.p.A. (Italy) (A Part of Krones AG), DMW&H (U.S.), viastore SYSTEMS GmbH (Germany), Lödige Industries GmbH (Germany), Stöcklin Logistik AG (Switzerland), Jungheinrich AG (Germany), Mobile Industrial Robots A/S (Denmark).

 

TOP 10 COMPANIES IN AUTOMATED MATERIAL HANDLING SYSTEMS MARKET >>  https://meticulousblog.org/top-10-companies-in-automated-material-handling-systems-market/?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=01-03-2024

Transit Packaging Market to Be Worth $152.7 Billion by 2030

 

Meticulous Research®— leading global market research company, published a research report titled,' Transit Packaging Market by Type (Primary Packaging, Secondary Packaging, Tertiary Packaging, Ancillary Packaging), Sector (Food & Beverage, Pharmaceuticals, Retail & E-Commerce), and Geography - Global Forecast to 2030.'

 

Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5479?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-01-2024

 

According to this latest publication from Meticulous Research®, the transit packaging market is projected to reach $152.7 billion by 2030, at a CAGR of 5.8% from 2023–2030. The growth of the transit packaging market is driven by the rapid growth of the e-commerce sector, the surging use of transit packaging in the food & beverage sector, the growing adoption of corrugated boxes across various sectors, and the increasing demand for transit packaging in the pharmaceuticals sector. However, the increasing overall packaging costs due to dynamic regulatory policies restrain the growth of the transit packaging market. The growing need for eco-friendly packaging solutions and the rising demand for customized packaging are expected to create market growth opportunities. However, additional distribution channel costs are a major challenge for the players operating in this market. The internet of packaging and digital printing are the latest trends in the transit packaging market.

 

The transit packaging market is segmented by type (primary packaging [pouches, bags & sacks, cartons, foils, laminates, and wraps], secondary packaging [crates, trays], tertiary packaging [fiber boards, containers, pallets], ancillary packaging [printing & labeling, straps & tapes, cushioning material]), and sector (food & beverage, retail & e-commerce, paints & chemicals, building & construction, pharmaceuticals, electricals & electronics, automotive, industrial machinery & equipment, and other sectors). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

 

Browse in depth @  https://www.meticulousresearch.com/product/transit-packaging-market-5479?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-01-2024

 

Based on type, the transit packaging market is segmented into primary packaging, secondary packaging, tertiary packaging, and ancillary packaging. In 2023, the primary packaging segment is expected to account for the largest share of the transit packaging market. The large market share of this segment is attributed to the rising need to protect and preserve finished products, the growing e-commerce sector, and the rising demand for primary packaging in the food & beverage and pharmaceutical sectors. In addition, the benefits offered by primary packaging solutions, such as convenience, easy handling, proper display, safety, and stacking, further support the growth of this segment.

 

However, the secondary packaging segment is slated to register the highest CAGR during the forecast period. The growing demand for eco-friendly packaging solutions, the rising need for the safe transportation of products, and the rising demand for customized packaging are expected to support the rapid growth of this segment.

 

Speck to our analyst @   https://www.meticulousresearch.com/speak-to-analyst/cp_id=5479?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-01-2024

 

Based on sector, the transit packaging market is segmented into food & beverage, retail & e-commerce, paints & chemicals, building & construction, pharmaceuticals, electricals & electronics, automotive, industrial machinery & equipment, and other sectors. In 2023, the food & beverage segment is expected to account for the largest share of the transit packaging market. The large market share of this segment is attributed to the rising demand for convenient and sustainable packaging solutions, the growth of the packaged foods industry in emerging economies, the increasing need to extend the shelf life of F&B products, and the increasing demand for hygienic food packaging.

 

However, the pharmaceuticals segment is slated to register the highest CAGR during the forecast period. The rising demand for drug delivery devices and blister packaging, growing consumer awareness regarding healthier lifestyles. rising demand for primary pharmaceutical packaging, and growing healthcare expenditures in emerging economies are expected to support the growth of this segment.

 

Request Free Research Report Sample @ https://www.meticulousresearch.com/request-sample-report/cp_id=5479?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-01-2024

 

Based on geography, the transit packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the transit packaging market. The region’s large market share is attributed to the surging use of transit packaging in the region’s food & beverage sector, the growing need for eco-friendly packaging solutions, and the presence of prominent players in the region. Also, leading players are undertaking initiatives to drive the growth of the transit packaging market. For instance, in December 2022, Amcor plc (Switzerland) opened its new state-of-the-art manufacturing plant in Huizhou, China. With an investment of almost $100 million, the 590,000-square-foot plant is the largest flexible packaging plant (by production capacity) in China. [AD1]

 

Moreover, Asia-Pacific is expected to record the highest growth rate during the forecast period. The rapid growth of this regional market is attributed to the growth in regional economies and the expanding e-commerce sector, especially in China, Japan, South Korea, and India.

 

Key Players:

 

The key players operating in the transit packaging market are WestRock Company (U.S.), International Paper (U.S.) Greif, Inc. (U.S.), Sonoco Products Company (U.S.), Mondi Group plc (U.K.), Smurfit Kappa Group plc (Ireland), DS Smith Plc (U.K.), Packaging Corporation of America (U.S.), Crown Holdings, Inc. (U.S.), Nefab Group AB (Sweden), Corplex (France), Smithpack Limited (U.K.), STI-Gustav Stabernack GmbH (Germany), GWP Group (U.K.), and Eltete TPM Ltd (Finland).

 

TOP 10 COMPANIES IN TRANSIT PACKAGING MARKET >>  https://meticulousblog.org/top-10-companies-in-transit-packaging-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-01-2024

“Tokenization Market”: New Technology for Security Industry

 

According to a new market research report titled, ‘Tokenization Market by Offering (Solutions, Services), Application (Payment Security, User Authentication, Compliance Management), Vertical (BFSI, Retail, Travel, Healthcare, Others), Organization Size, and Geography - Global Forecast to 2029,’ the global tokenization market is expected to reach $14.3 billion by 2029, at a CAGR of 17.3% from 2022 to 2029.

 

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5317?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=24-11-2023

 

Tokenization refers to a process by which a piece of sensitive data, such as a credit card number, is replaced by a surrogate value known as a token. The sensitive data generally needs to be stored securely at one centralized location for subsequent reference and requires strong protective measures. The security of a tokenization approach depends on the security of the sensitive values and the algorithm and process used to create the surrogate value and map it back to the original value. Most businesses hold at least some sensitive data within their systems, whether it be credit card data, medical information, Social Security Numbers, or anything else that requires security and protection. Using tokenization, organizations can continue to use this data for business purposes without incurring the risk or compliance scope of storing sensitive data internally. 

 

Increased adoption of digital payment approaches, the need to adhere to PCI DSS guidelines, and the rise in fraudulent activities in e-commerce are the major factors driving the growth of this market. In addition, the increasing use of payment apps across different industry verticals is expected to offer prominent growth opportunities for the growth of this market. However, the lack of trust in online banking is expected to restrain the growth of this market.

 

The increased usage of digital transactions resulted in an increase in cyber-attacks. In recent years, there has been a gradual increase in payment fraud activities at organizations, as nearly 75% of organizations were targets of a payment fraud attack in 2020 (Source: JP Morgan). Thus, increasing payment-related frauds are expected to propel the growth of the tokenization market in the coming years.

 

The tokenization market is segmented based on Offering (Solutions, Services), Application (Payment Security, User Authentication, Compliance Management), Vertical (BFSI, Retail, Travel, Healthcare, Others), Organization Size, and Geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

 

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5317?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=24-11-2023

 

 

Based on offering, in 2022, the solutions segment is expected to account for the largest share of the tokenization market and is slated to register the highest CAGR during the forecast period. The rising demand for advanced payment security solutions for digital e-commerce and the increasing use of payment applications across different industry verticals is driving the growth of this segment. Furthermore, tokenization solutions have gained popularity as it enables organizations to adhere to the PCI DSS regulatory compliances. In addition, the growing number of data breaches and financial losses associated contribute to the growth of the tokenization solutions market.

 

Based on application, in 2022, the payment security segment is expected to account for the largest share of the tokenization market. The growth of this segment is driven by factors such as the increasing need to stay compliant with payment security guidelines and the growing need to ensure continuous customer experience and prevent fraudulent activities. Furthermore, growing consumers’ interest in contactless payments and the rising demand for cloud-based tokenization solutions and services are expected to provide lucrative opportunities for the growth of this segment. However, the user authentication segment is slated to register the highest CAGR during the forecast period. The growth of this segment is driven by factors such as rising incidents of security breaches and sophisticated cyberattacks leading to financial and reputational loss, stringent government regulations to increase the adoption of authentication solutions, and the rising instances of identity theft and fraud.

 

Based on industry vertical, in 2022, the BFSI segment is expected to account for the largest share of the tokenization market. The growth of this segment is attributed to the rising implementation of regulatory security compliance, rising demand for cloud-based security solutions, and the increasing risk of cyber threats against BFSI infrastructure. However, the retail segment is slated to register the highest CAGR during the forecast period. The increase in smartphone usage, the rise of e-commerce channels, and the rising incidents of online payment fraud are expected to drive the growth of this segment.

 

Based on organization size, in 2022, the large enterprise segment is expected to account for the largest share of the tokenization market. This segment is also slated to register the highest CAGR during the forecast period. Increasing transactions of high valuations in large enterprises are compelling them to opt for tokenization solutions.

 

Quick Buy – Tokenization Market Research Report: https://www.meticulousresearch.com/Checkout/71686720?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=24-11-2023

Based on geography, in 2022, North America is expected to account for the largest share of the tokenization market. The rising consumer shift towards online payment modes is driving the market growth in this region. North America’s strong financial position enables it to invest heavily in advanced solutions and technologies, which has provided the organizations in this region a competitive edge in the market.

 

The report also includes an extensive assessment of the key growth strategies adopted by the leading market participants between 2019 and 2022. The tokenization market is consolidated and dominated by a few major players, namely Bluefin Payment Systems LLC (U.S.), Braintree (U.S.), Cybersource (U.S.), Elavon (U.S.), Ingenico (France), Broadcom, Inc. (U.S.), Thales Group (France), Shift4 Payments, LLC (U.S.), Signifyd (U.S.), TNS, Inc. (U.S.), Tokenex (U.S.), SISA Information Security Pvt. Ltd. (India), Stripe (U.S.), Geobridge Corporation (U.S.), MasterCard (U.S.), Verifone Systems Inc. (U.S.), Fiserv, Inc. (U.S.), Micro Focus (U.K.) and American Express (U.S.).

 

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/tokenization-market-5317?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=24-11-2023

Taking a Cyclical Approach to “Transit Packaging”: Market Growth and Trend

 

According to a new market research report titled, ‘Transit Packaging Market by Type (Primary Packaging, Secondary Packaging, Tertiary Packaging, Ancillary Packaging), Sector (Food & Beverage, Pharmaceuticals, Retail & E-Commerce), and Geography - Global Forecast to 2030,’ the transit packaging market is projected to reach $152.7 billion by 2030, at a CAGR of 5.8% from 2023 to 2030.

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5479?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=02-11-2023

 

Transit packaging is a shipping unit that provides containment and protection to goods during handling, storage, and transportation. The utilization of transit packaging is gaining traction due to the rapidly growing e-commerce sector and the rising need for the safe transportation of products. In addition, the benefits offered by transit packaging solutions, such as convenience, easy handling, proper display, safety, and stacking, drive the growth of this market.

 

The surging use of transit packaging in the food & beverage sector, the growing adoption of corrugated boxes across various sectors, the growing demand for transit packaging in the pharmaceuticals sector, and the rapidly growing e-commerce sector are key factors driving the growth of the transit packaging market. However, the increasing overall packaging costs due to dynamic regulatory policies may restrain the market’s growth.

 

The growing need for eco-friendly packaging solutions and the rising demand for customized packaging are expected to create market growth opportunities. However, additional distribution channel costs are a major challenge for the players operating in this market. The internet of packaging and digital printing are the latest trends in the transit packaging market.

 

The transit packaging market is segmented by type (primary packaging [pouches, bags & sacks, cartons, foils, laminates, and wraps], secondary packaging [crates, trays], tertiary packaging [fiber boards, containers, pallets], ancillary packaging [printing & labeling, straps & tapes, cushioning material]), and sector (food & beverage, retail & e-commerce, paints & chemicals, building & construction, pharmaceuticals, electricals & electronics, automotive, industrial machinery & equipment, and other sectors). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

 

Quick Buy – Transit Packaging Market Research Report:  http://www.meticulousresearch.com/Checkout/35425831?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=02-11-2023

 

Based on type, in 2023, the primary packaging segment is expected to account for the largest share of the transit packaging market. The large market share of this segment is attributed to the rising need to protect and preserve finished products and the growing demand for primary packaging in the food & beverage and pharmaceuticals sectors.  However, the secondary packaging segment is slated to register the highest CAGR during the forecast period.

 

Based on sector, in 2023, the food & beverage segment is expected to account for the largest share of the transit packaging market. The large market share of this segment is attributed to the rising demand for convenient and sustainable packaging solutions, the growth of the packaged foods industry in emerging economies, and the increasing demand for hygienic food packaging. However, the pharmaceuticals segment is slated to register the highest CAGR during the forecast period. The rising demand for drug delivery devices and blister packaging, growing pharmaceutical R&D spending, and the increasing utilization of primary packaging in the pharmaceuticals sector are expected to support the growth of this segment.

 

Read In detail @ http://www.meticulousresearch.com/product/transit-packaging-market-5479?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=02-11-2023

 

Based on geography, the transit packaging market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the transit packaging market. Asia-Pacific’s large market share is attributed to the presence of leading transit packaging providers and their increasing focus on developing eco-friendly packaging solutions. The surging use of transit packaging in the region’s food & beverage sector also supports the segment’s large share.

 

Moreover, Asia-Pacific is projected to register the highest CAGR during the forecast period. The infrastructural growth in APAC, especially in China, South Korea, India, Australia, Singapore, and Japan, the rapid growth of regional economies, and the region’s growing e-commerce sector offer growth opportunities for the players operating in the transit packaging market.

 

The key players operating in the transit packaging market are WestRock Company (U.S.), International Paper (U.S.) Greif, Inc. (U.S.), Sonoco Products Company (U.S.), Mondi Group plc (U.K.), Smurfit Kappa Group plc (Ireland), DS Smith Plc (U.K.), Packaging Corporation of America (U.S.), Crown Holdings, Inc. (U.S.), Nefab Group AB (Sweden), Corplex (France), Smithpack Limited (U.K.), STI-Gustav Stabernack GmbH (Germany), GWP Group (U.K.), and Eltete TPM Ltd (Finland).

 

TOP 10 COMPANIES IN THE TRANSIT PACKAGING MARKET   https://meticulousblog.org/top-10-companies-in-the-transit-packaging-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=02-11-2023

Video Analytics Market Worth $19.3 Billion by 2029

 

According to a new market research report titled, ‘Video Analytics Market by Component (Software & Services), Application (Facial Recognition, People Counting, ANPR, Video Telematics), End-use Industry (BFSI, Education, Healthcare, Retail, Manufacturing, Government)—Global Forecast to 2029,’ the video analytics market is expected to reach $19.3 billion by 2029 at a CAGR of 21% during the forecast period 2022­–2029.

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5274?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-08-2023

The key function of video analytics is to automatically recognize temporal and spatial events in videos. Video analytics software are used to review the surveillance videos recorded with a video surveillance system. Video analytics surveillance system is highly efficient; it reduces the workload on security & management staff and helps capture the full value of security video by making IP camera systems more perceptive at work.

The growth of the video analytics market is primarily d riven by factors such as the growing implementation of video analytics in surveillance across different end-use industries, including banking, financial services, and insurance (BFSI), education, healthcare, retail, transportation, and manufacturing. In addition, the technological advancement in deep learning, artificial intelligence & edge computing has led to an improvement in the efficiency & accuracy of video analytics, further boosting the demand for this market.

The Impact of COVID-19 on the Video Analytics Market

In the first quarter of 2020, the world was hit by the COVID-19 pandemic. The spread of COVID-19 disease has had an unprecedented impact on public health and industrial structures, accelerating social reforms in several areas. Though the macro challenges, such as disrupted supply chains, decentralized workforce, and the provision of safe and healthy employee workspaces, were different in past recessions, the market players had to deal with these monumental challenges.

COVID-19 disease has severely impacted almost all major industries, including education, logistics & supply chain, healthcare, BFSI, retail, and manufacturing. In the second quarter of 2020, the COVID-19 pandemic spread to almost all parts of the world, forcing the governments to impose restrictions on all economic and social activities. Several governments have started adopting video analytics to monitor the situation and keep the public safe. The video analytics software are in high demand due to factors such as facial recognition, crowd management, people counting, and intrusion & access control. The adoption of video analytics has radically helped the local governments keep the spread of the virus to a minimum. This has further boosted the global demand for video analytics software.

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5274?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-08-2023

In March 2021, Honeywell International, Inc. (U.S.) announced that it is working with San Diego International Airport (SAN)'s accelerator program, the Airport Innovation Lab, to test the use of advanced video analytics technology to enhance airport health and safety. Using deep-learning, artificial intelligence, and video analytics, the Honeywell Pro-Watch Video Management System (VMS) uses cameras to identify if the airport's occupants are complying with guidelines around social distancing and wearing masks. Under the recommended operating conditions, the advanced analytics provides an industry-leading level of accuracy, isolates, and reports instances of non-compliance to the airport staff.

The video analytics market is segmented based on component (software and services), deployment mode (cloud and on-premise), application (facial recognition, intrusion, & access control, object & pattern detection, people counting, crowding & flow management, automatic number plate recognition (ANPR) system, video telematics, and vehicle counting), end-use industry (BFSI, education, aerospace and defense, healthcare, manufacturing, retail, automotive, transportation & logistics, government, agriculture, and others), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at the country level.

Based on component, in 2022, the software segment is estimated to account for the largest share of the video analytics market. The large market share of the segment can be attributed to the growing adoption of video analytics software by various end-use industries. However, the services segment is expected to grow at the highest CAGR during the forecast period due to the growing demand for managed & professional services.

Quick Buy – “Video Analytics Market by Component (Software & Services), Application (Facial Recognition, People Counting, ANPR, Video Telematics), End-User (BFSI, Education, Healthcare, Retail, Manufacturing, Government) - Global Forecast to 2029” Research Report: https://www.meticulousresearch.com/Checkout/74534023?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-08-2023

Based on deployment mode, in 2022, the cloud-based segment is estimated to account for the largest share of the video analytics market. The high growth of this segment is attributed to the benefits offered by cloud-based systems such as flexibility, quick & easy global real-time data access, scalability as per user demand, and technology upgradation with the latest firewall.

Based on application, the people counting segment is estimated to account for the largest share of the video analytics market in 2022. During the COVID-19 pandemic, end-use industries such as healthcare, BFSI, education, retail, and governments widely adopted video analytics for people counting. It helps these industries maintain social distancing, safeguard premises, and monitor crowd density at their places. However, the video telematics segment is expected to grow at the highest CAGR during the forecast period.

Based on end-use industry, in 2022, the BFSI segment is expected to account for the largest market share. The BFSI sector has adopted video analytics for security & surveillance of banks, surveillance of premises, face & mask detection, and monitoring of people's behavior in banks. However, the healthcare segment is expected to become the fastest growing market during the forecast period. The growing need for surveillance of hospital premises, maintaining social distancing, and keeping hospital premises safe are the major driving factors for the fast growth of this segment.

Based on geography, in 2022, North America is projected to account for the largest share of the market. This can be attributed to the increased adoption of video analytics in various end-use industries, such as healthcare, BFSI, manufacturing, and education. These industries have adopted video analytics to monitor their workforce effectively during the pandemic. However, the Asia-Pacific region is projected to have the fastest-growing CAGR during the forecast period due to the rapid adoption of emerging technologies in their planned smart city projects. Also, the healthcare, education, and manufacturing sectors are widely adopting video analytics to improve their efficiency and performance.

The report also includes an extensive assessment of the key strategic developments by leading market players over the past four years (2019–2022). The video analytics market has witnessed product launches & enhancements that enabled companies to broaden their product portfolios, partner with other key players, sign contracts with other industry players, and acquire SMEs to boost their market presence.

In July 2021, Gorilla Technology Group, Inc. (R.O.C.) partnered with Tekwind (Japan), a leading hardware distributor in Japan, to deliver Gorilla IVAR (an edge AI video analytic platform) and help expand the company’s presence in the country.

The key video analytics software players operating in the market include AllGoVision Technologies Pvt. Ltd. (India), Axis Communications AB (Sweden), Cisco Systems, Inc. (U.S.), Honeywell International, Inc. (U.S.), IBM Corporation (U.S.), IntelliVision (U.S.), Verint Systems, Inc. (U.S.), Huawei Technologies Co., Ltd. (China), Gorilla Technology Group, Inc. (R.O.C.), i2v Systems Pvt. Ltd. (India), ADT, Inc. (U.S.), Agent Video Intelligence Ltd. (U.S.), IntuVision, Inc. (U.S.), Avigilon Corporation (Canada), Stanley Convergent Security Solutions, Inc. (U.S.), Eagle Eye Networks (U.S.), and Milestone Systems A/S (Denmark).

TOP 10 COMPANIES IN VIDEO ANALYTICS MARKET >> https://meticulousblog.org/top-10-companies-in-video-analytics-market/?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-08-2023

Scope of the Report:

Video Analytics Market, by Component

• Software
• Central Processing Software
• Edge Processing Software
• Services
• Managed Services
• Professional Services

Video Analytics Market, by Deployment Mode

• Cloud-based
• On-premise

Video Analytics Market, by Application

• Facial Recognition
• Intrusion & Access Control
• Object & Pattern Detection
• People Counting
• Crowding & Flow Management
• Automatic Number Plate Recognition (ANPR) System
• Video Telematics
• Vehicle Counting

Video Analytics Market, by End-use Industry

• BFSI
• Education
• Aerospace & Defense
• Healthcare
• Manufacturing Industry
• Retail
• Automotive, Transportation, and Logistics
• Government
• Agriculture
• Others (Event Management, Hospitality, Entertainment)

 

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/video-analytics-market-5274?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-08-2023

 

Video Analytics Market, by Geography

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Netherlands
• Rest of Europe (RoE)
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Australia & New Zealand
• Rest of Asia-Pacific (RoAPAC)
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• UAE
• Israel
• Rest of Middle East & Africa (RoMEA)

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5274?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=18-08-2023

 

“Tokenization Market” Worth $14.3 Billion by 2029

 

According to a new market research report titled, ‘Tokenization Market by Offering (Solutions, Services), Application (Payment Security, User Authentication, Compliance Management), Vertical (BFSI, Retail, Travel, Healthcare, Others), Organization Size, and Geography - Global Forecast to 2029,’ the global tokenization market is expected to reach $14.3 billion by 2029, at a CAGR of 17.3% from 2022 to 2029.

 

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5317?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=16-03-2023

 

Tokenization refers to a process by which a piece of sensitive data, such as a credit card number, is replaced by a surrogate value known as a token. The sensitive data generally needs to be stored securely at one centralized location for subsequent reference and requires strong protective measures. The security of a tokenization approach depends on the security of the sensitive values and the algorithm and process used to create the surrogate value and map it back to the original value. Most businesses hold at least some sensitive data within their systems, whether it be credit card data, medical information, Social Security Numbers, or anything else that requires security and protection. Using tokenization, organizations can continue to use this data for business purposes without incurring the risk or compliance scope of storing sensitive data internally. 

 

Increased adoption of digital payment approaches, the need to adhere to PCI DSS guidelines, and the rise in fraudulent activities in e-commerce are the major factors driving the growth of this market. In addition, the increasing use of payment apps across different industry verticals is expected to offer prominent growth opportunities for the growth of this market. However, the lack of trust in online banking is expected to restrain the growth of this market.

 

The increased usage of digital transactions resulted in an increase in cyber-attacks. In recent years, there has been a gradual increase in payment fraud activities at organizations, as nearly 75% of organizations were targets of a payment fraud attack in 2020 (Source: JP Morgan). Thus, increasing payment-related frauds are expected to propel the growth of the tokenization market in the coming years.

 

The tokenization market is segmented based on Offering (Solutions, Services), Application (Payment Security, User Authentication, Compliance Management), Vertical (BFSI, Retail, Travel, Healthcare, Others), Organization Size, and Geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

 

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5317?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=16-03-2023

 

 

Based on offering, in 2022, the solutions segment is expected to account for the largest share of the tokenization market and is slated to register the highest CAGR during the forecast period. The rising demand for advanced payment security solutions for digital e-commerce and the increasing use of payment applications across different industry verticals is driving the growth of this segment. Furthermore, tokenization solutions have gained popularity as it enables organizations to adhere to the PCI DSS regulatory compliances. In addition, the growing number of data breaches and financial losses associated contribute to the growth of the tokenization solutions market.

 

Based on application, in 2022, the payment security segment is expected to account for the largest share of the tokenization market. The growth of this segment is driven by factors such as the increasing need to stay compliant with payment security guidelines and the growing need to ensure continuous customer experience and prevent fraudulent activities. Furthermore, growing consumers’ interest in contactless payments and the rising demand for cloud-based tokenization solutions and services are expected to provide lucrative opportunities for the growth of this segment. However, the user authentication segment is slated to register the highest CAGR during the forecast period. The growth of this segment is driven by factors such as rising incidents of security breaches and sophisticated cyberattacks leading to financial and reputational loss, stringent government regulations to increase the adoption of authentication solutions, and the rising instances of identity theft and fraud.

 

Based on industry vertical, in 2022, the BFSI segment is expected to account for the largest share of the tokenization market. The growth of this segment is attributed to the rising implementation of regulatory security compliance, rising demand for cloud-based security solutions, and the increasing risk of cyber threats against BFSI infrastructure. However, the retail segment is slated to register the highest CAGR during the forecast period. The increase in smartphone usage, the rise of e-commerce channels, and the rising incidents of online payment fraud are expected to drive the growth of this segment.

 

Based on organization size, in 2022, the large enterprise segment is expected to account for the largest share of the tokenization market. This segment is also slated to register the highest CAGR during the forecast period. Increasing transactions of high valuations in large enterprises are compelling them to opt for tokenization solutions.

 

Quick Buy – Tokenization Market Research Report: https://www.meticulousresearch.com/Checkout/71686720?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=16-03-2023

Based on geography, in 2022, North America is expected to account for the largest share of the tokenization market. The rising consumer shift towards online payment modes is driving the market growth in this region. North America’s strong financial position enables it to invest heavily in advanced solutions and technologies, which has provided the organizations in this region a competitive edge in the market.

 

The report also includes an extensive assessment of the key growth strategies adopted by the leading market participants between 2019 and 2022. The tokenization market is consolidated and dominated by a few major players, namely Bluefin Payment Systems LLC (U.S.), Braintree (U.S.), Cybersource (U.S.), Elavon (U.S.), Ingenico (France), Broadcom, Inc. (U.S.), Thales Group (France), Shift4 Payments, LLC (U.S.), Signifyd (U.S.), TNS, Inc. (U.S.), Tokenex (U.S.), SISA Information Security Pvt. Ltd. (India), Stripe (U.S.), Geobridge Corporation (U.S.), MasterCard (U.S.), Verifone Systems Inc. (U.S.), Fiserv, Inc. (U.S.), Micro Focus (U.K.) and American Express (U.S.).

 

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/tokenization-market-5317?utm_source=article&utm_medium=social&utm_campaign=product&utm_content=16-03-2023