Virtual Mobile Infrastructure Market Growth Rate, Developments In Major Areas, Market Size, Dynamics, Opportunities, & Forecast
EV Battery Swapping Market Business Revenue Forecast
The global EV battery swapping market share is currently at its nascent phase, but is projected to grow at a significant rate during the forecast period (2020-2030). The time required for charging an EV is a constraint as it takes a lot of time. Furthermore, it requires several charging points in order to intercept range anxiety. Suitable space, for accommodating these charging stations required, is challenging.
Moreover, the availability of DC fast chargers and challenges associated with the installation is the major concern for the EV stakeholders, which is further benefitting the electric vehicle (EV) battery swapping market. Here, swapping technology plays a vital role by eliminating such issues. Swapping technology drastically decreases the waiting time through its under 3-minute interchange of batteries versus 1.5-2 hours minimum for charging solution.
In September 2019, electric scooter manufacturer Gogoro Inc. launched its battery-swapping business unit, Gogoro Network, which is involved in building and managing Gogoro's battery-swapping network. Till 2019, the company have nearly 1,590 GoStations (battery swap stations) sites located across supermarkets, stores, and parking lots. Thus, the upcoming plans for the installation of battery swapping station by major players and EV manufacturers is expected to benefit the EV battery swapping market during the forecast year.
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The EV battery swapping market is at its nascent phase, with adoption taking place in specific countries. Several Asian countries continue to install battery-swapping stations. The major market that has been deploying battery swapping stations across the world is observed to be China. The country appears to be boosting the battery swapping technology in an attempt to further promote electric vehicles in the country.
How is Growing Volume of Data Driving Scientific Data Management System Market?

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Geographically, North America has been the largest user of scientific data management systems in the past, owing to the presence of a large number of advanced laboratories and other such facilities, highly developed healthcare systems and presence of various market players in the region. Other than this, the demand for these systems is predicted to increase significantly in Asia-Pacific as well, making it the fastest-growing scientific data management system market in the coming years. this can be attributed to the rising prevalence of chronic diseases, increasing investments in the healthcare industry, technological advancements, and surging geriatric population in the region.
Hence, the demand for scientific data management systems from advanced laboratories and research institutes is growing due to the increasing need for managing data stored in instruments.
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Covid19 Pandemic Alert: Ventilator Market is Booming Worldwide by 2022
The prevalence of diseases all across the globe is rising
rapidly, and the latest example is COVID-19, which is now a pandemic and is
affecting millions worldwide. The outbreak of coronavirus started in Wuhan,
China, and the infection has now spread to almost every part of the world. The
prime concerning factor regarding this disease is that as of now, no vaccine
has been developed for curing it. The virus affects people of all ages;
however, it has severe and fatal consequences for aged people and those having
underlying health conditions. While the number of people who are getting cured
is high, the number of fatalities is also increasing day-by-day.
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Attributed to this, the demand for ventilators, at the
present time is extremely high all over the world. A ventilator, sometimes
referred to as breathing machine or life support, helps a person breathe, if
they are unable to do so on their own. A tube is inserted into their windpipe,
either through the mouth or through a hole in their throat, which is connected
to a machine that pumps air into the lungs. The ventilator market is predicted
to advance at a rapid pace in the next few months, as COVID-19 is primarily a
respiratory infection.
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The two types of ventilators are intensive care and
portable, between which, the demand for intensive care ventilators was higher
in the past. Apart from this, the demand for portable ventilators is also
projected to rise in the coming years, which is primarily attributed to the
growing adoption of home healthcare solutions among people. These days, the
need for low-maintenance and compact ventilators is rising as well, as these
devices can be operated manually and in settings where electricity is not
available.
In the coming years, North America is projected to emerge as the largest ventilator market, because of the increase in the prevalence of respiratory diseases and growing healthcare expenditure in the region. The governments in the region are investing heavily for the improvement of medical facilities, as the number of patients, currently those infected by coronavirus, is rising. In addition to this, the growing geriatric population, rising prevalence of tobacco smoking, and increasing burden of chronic diseases in the region are also predicted to result in the rising need for ventilators.
In conclusion, the demand for ventilators is being driven by
the COVID-19 epidemic and rising preference for home healthcare solutions.
Why is Usage of Wi-Fi Analytics Predicted to Increase Sharply in Asia-Pacific (APAC) in Near Future?

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“As per the studies of the GSM Association, the total number of mobile users accounted for almost 67% of the global population at the end of 2019”. Furthermore, the rapid technological advancements and improvements in the WiFi standards will lead to the development of dense platforms having multiple concurrently connecting systems and IoT (internet of things) connections such as hospitals, airports, and various public transportation areas, which will, in turn, propel the demand for real time data analysis.
As a result, the global Wi-Fi analytics market will grow, in valuation, from $5,210.0 million to $52,975.5 million from 2019 to 2030. P&S Intelligence, a market research company, predicts a CAGR of 24.2% in the market from 2020 to 2030. The studies further say that “the total number of mobile phone users in the world would increase from 5.2 billion to 5.8 billion from the end of 2019 to 2025”.
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Out of all these mobile phone users, “nearly 65% were smartphone users in 2019”. This share will rise to almost 80% by 2025. The increasing utilization of smartphones and various other internet-enabled systems is boosting the demand for WiFi hotspots all over the world. As a result, there will be a fourfold rise in the number of public WIFi hotspots over the next few years.
What are Key Opportunities in Automated Guided Vehicles Market?

One of the major factors responsible for the increasing sales of automated guided vehicles is the flourishing e-commerce industry, especially in the developing nations such as India, Brazil, and China. For instance, the automated guided vehicles are extensively used in the Amazon Inc. warehouses (more than 200,000 globally) for delivering large stacks of products to the workers. These automated vehicles follow a fixed path around the warehouse and are equipped with various sensors and devices which allow them to detect the obstacles in their path and avoid collisions with them.
The other major factors fuelling the rising adoption of automated guided vehicles in warehouses are the increasing safety concerns in manufacturing plants, rising labor shortages, and ballooning need for reducing the operational costs and increasing productivity in the manufacturing facilities throughout the world. In addition to this, many enterprises are increasingly preferring the utilization of automated systems and machines in their factories and warehouses for increasing their manufacturing capacities, which is in turn, boosting the sales of the automated guided vehicles across the world.
Geographically, the Asia-Pacific (APAC) region is predicted to observe the fastest growth in the utilization of automated guided vehicles during the forecast period. This is mainly credited to the thriving consumer electronics, automotive, and e-commerce industries in the region. In addition to this, the logistics industry is predicted to exhibit huge expansion in the APAC region in the coming years, which will in turn, propel the demand for automated guided vehicles in the region in the upcoming years.
Therefore, it can be said without any hesitation that the sales of automated guided vehicles will shoot-up throughout the world in the forthcoming years, owing to the rising integration of automated technologies and systems in warehouse and manufacturing facilities, increasing need for reducing operational costs in production plants, ballooning labor shortages, and mushrooming demand for higher efficiency in manufacturing operations.
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Some of the major players operating in the global automated guided vehicles market are Amerden Inc., SSI Schaefer Systems International DWC LLC, KUKA Group, Dematic Corporation, Toyota Industries Corporation, and Seegrid Corporation. These companies are increasingly focusing on product research and collaborations with other companies to enhance their product portfolio and increase their market share.
What Effect Insurance Purchase Has on Worldwide Healthcare Industry?

In 2019, the medical sector of the U.S. was projected to reach $5,605.5 billion by 2024, but the future size might actually be a lot larger. Even in the coming years, the medical domain in this country is expected to grow the fastest, primarily due to the high prevalence of chronic diseases. One in every six persons in the U.S. has at least one chronic disease, as per the Centers for Disease Control and Prevention (CDC). In the coming years, the prevalence of cancer, in particular, is expected to surge sharply here, which would lead to a high footfall at hospitals and diagnostic centers.
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Similarly, the healthcare industry could also be seen in terms of the imaging equipment used, since they are essential to diagnosing diseases and tracking the effect of treatment. Ultrasound devices, X-ray machines, computed tomography (CT) scanners, magnetic resonance imaging (MRI) systems, endoscopes, and mammography equipment are widely used at hospitals and diagnostic centers around the world. In Singapore’s case, specifically, X-ray machines are the most widely procured medical imaging equipment; by 2024, the country’s healthcare settings are cumulatively expected to have 7,000 X-ray machines.
Thus, as the burden of diseases increases around the world, the need for healthcare will become even dire.
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