Asia-Pacific has the Largest Revenue in Anti-Reflective Coatings Market

The size of the anti-reflective coatings market is around $4,554 million in the year 2021, and will generate about $8,577 million by the year 2030, advancing with a growth rate of above 7% by the end of this decade. The main factors which drive the market comprise the increasing demand for anti-reflection coats in the photovoltaic and eyewear industries, along with an upsurge in the acceptance of anti-reflective specs in the construction industry.

Solar panels will have the highest growth rate in the near future, at approximately 8%. This can be credited to the widespread utilization of such coatings in solar panels for increasing overall efficiency, the snowballing need for inexpensive solar cells with enhanced resilience and reliability, and the surging necessity to reduce photovoltaic surface reflection. By the way, the many government programs that support the usage of solar power, like subsidies and loans, will help the anti-reflective coatings market grow at a high pace.

The anti-reflective coatings market of the APAC has the largest share, of revenue of over 35%, and it will push with a momentous growth rate consequently of the expansion of the aerospace industry and the increase in the necessity for packaging in logistics. Countries like India, China, and South Korea are the major producers of electronic products. Therefore, because electronics are the most important application of anti-reflective coatings, the market of the region is budding swiftly.

North America also holds an important share in the international market. The incidence of many established companies, growing consciousness about the aids of coated spectacles, the rising construction sector, consumers’ rising unrestricted spending, and the booming automotive sector are some of the main drivers of the anti-reflective coatings market in the region.

The increasing requirement for anti-reflective coatings is because of the fact that they are used in eyewear and photovoltaic industries, and the need for anti-reflective spectacles in the construction sector.

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How Does Digitization Result in Content Service Platforms Market Growth?

 In 2021, the content services platforms market was valued at $39.8 billion, and it is projected to acquire a size of $155.8 billion by 2030, growing at a rate of 16.4% from 2021 to 2030. The increase in the implementation of SMAC technologies and the mass creation of digital content across enterprises facilitate market growth, as do the growing trend of mobile workforces, increasing research and development expenditures, and technological advancements.

Content Services Platforms Market Revenue Estimation and Demand Forecast to 2030

The content services platforms market is dominated by case management, workflow management, information security and governance, content reporting and analytics. The demand for training & consulting, deployment & integration, support and maintenance is also expected to rise, resulting in a surge in the market. The pandemic resulted in a 30% increase in the market in 2020 due to mass shifting in digital operations and increased work-from-home trends due to restricted movements.

The cloud-based platform category has captured the largest share, of 55%, in the content services platforms market. It is attributed to the increasing demand for procurement, deployment, operations, and access to new technologies among different end users, which has further resulted in native SaaS and PaaS vendors' market growth. Moreover, traditional companies have also gradually started shifting to SaaS and PaaS solutions, resulting in market expansion. Cloud-based solutions reduce the need for storage on on-premises storage, reduce IT investments, and offer higher scalability.

Large enterprises are a significant contributor, accounting for 65% of the content services platforms market revenue. They make heavy investments in new technologies and opt for on-premises deployment mode to further reduce security concerns. However, there has been a rising trend of shifting to cloud-based content services, attributed to the facilitation of anywhere, anytime access. Small and medium-size enterprises are also likely to get a stronghold in the market due to the increase in remote work activities and ease of tracking employee efficiency.

BFSI made the largest contribution to the content services platforms market in the end user segment, amounting to 20% share in 2021. It is attributed to the mass adoption of cloud solutions for storage, reporting and analytics, APIs and containers, and master data management. On average, 2.5 quintillion bytes of data are generated daily, requiring an annual cloud investment of $67 billion by financial institutions. The public sector is mainly adopting these solutions to advertise their services to citizens. For example, Electricity & Cogeneration Regulatory Authority (ECRA) of Saudi Arabia has adopted an enterprise content services suite offered by Intalio.

North America generate the highest revenue, amounting to 30% of the content services platforms market value. The U.S. contributed massively to the North American market, accounting for an 85% share in 2021. The region's key vendors of content services platforms essentially invest in the research and development of new technologies. Moreover, the Chinese market generated 30% of the revenue in the market of APAC in 2021, attributed to a surge in internet traffic, low data prices, and high-speed connectivity in the region.

Artificial intelligence in content services platforms has gained tremendous popularity, primarily for productivity intelligence, security intelligence and content intelligence applications. Market players are making efforts to cater to the rising demand for AI. Moreover, the growing trend of digitization leads to the expansion of the e-commerce sector, facilitating the rise in the demand for single-source and cross-platform content services platforms. Similarly, numerous organizations utilize big data analytics for business intelligence, as content services platforms facilitate extensive data integration.

Thus, the growing trend of digitization, facilitated by high-speed internet connectivity, ls leading to the boom of the market.

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How Is Data Center Power Generators Market Driven by Migration from Server Rooms to Data Centers?

The data center power generators market valued $5,097.1 million in 2021, which will grow with a CAGR of 5.9% from 2021 to 2030. At this rate, it is expected to reach $8,572.6 million by the year 2030. The increasing demand for customized generators is the major factor leading to the market growth. Moreover, the growing production of data that large organizations need to store, manage, and analyze is resulting in the rise in the fabrication of new data centers. The launch 5G networks and increasing adoption of IoT are also elevating the market growth.

Large data centers require power reliability due to their expansive infrastructure. It becomes crucial to have power backup equipment in order to protect critical equipment from power failures and surges. Large data centers demand efficient solutions for power monitoring and management for their servers, security systems, networking devices, and HVAC equipment. Enterprises that use cloud computing extensively require generators in data centers as a necessity. Thus, the rising count of hyper-scale facilities drives the use of DRUPS systems.

The highest growth rate in the data center power generators market will be witnessed by 0–1.5-MW-power-capacity generators, ascribed to their growing adoption in small-scale data centers, considering their cost-effectiveness. Moreover, a large number of data storage and management facilities requiring a power supply of <5 MW are being constructed to keep operational costs to the minimum. Thus, with most of the data centers in developing countries being developed with a lower power requirement in mind, the sale of these variants will keep rising.

North America held a significant data center power generators market share, of 39%, in 2021. It was due to the proliferation of public cloud and hybrid cloud services. Cloud data center developers and colocation and telecommunication service providers are the major contributors to generator sales. Big players in the market, such as Caterpillar Inc., Generac Holdings Inc., and Cummins Inc., are also present in the region, as are major IT firms, such as Facebook, Amazon, Microsoft, IBM, and Accenture.

Thus, the increase in the internet usage is leading to the expansion of the market, with the growing migration from server rooms to the cloud.

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Japan Diesel Generator Set Market to Reach Approx $1,816 million by 2030

The Japan diesel generator set market stood at approximately $1,120 million in 2021, and it is expected to grow at a rate of almost 6% by the end of this decade, to touch a value of about $1,816 million by 2030. The growth of the industry will be pushed by the surge in population in the cities and the high frequency of power cuts faced by a huge share of the population of the nation, because of natural calamities.

Japan is among the most-densely urbanized nations in the world. Among its 47 regions, only seven have a below 1 million population.  As per the World Bank, the urban population increased from about 91% of the total in 2010 to about 92% in 2020. Consequently, the urban areas are in need of a huge amount of electric power to meet the ends of the people. Thus, the requirement for generators is on the rise in the nation for meeting the demand for backup power.

In 2021, the commercial sector had the largest share in Japan diesel generator set market, and it will grow at a rate of about 6% by the end of this decade. Over the last ten years, companies in Japan are attentive to the future, as they begin businesses for long-term affluence. As opposed to 2020, both the hospitality and retail industries are expanding, because of the domestic company divestitures meant to reinforce the sectors.

Mavens of the Japan diesel generator set market are emphasizing on the innovation of the mechanism and power system of diesel gensets, for meeting the precise requirements of inhabitants of Japan. For example, in January 2022, Cummins Inc. introduced the C550D5 and C500D6 series diesel generators for prime and replacement purposes, in the country. This series is intended to offer an advanced power density as opposed to 15 and 16-liter alternates with a displacement of 42 kVA per liter.

Japan is a country that is often struck by natural disasters, and due to this, there is a frequent power outage in the country. This is the main reason for the increasing need for diesel gensets in the country.

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Why North America Rules Video Surveillance as a Service Market?

By 2030, the global video surveillance as a service market is predicted to touch $13,584.3 million, since being valued at $2,992.4 million in 2021. The market will grow at an 18.3% CAGR from 2021 to 2030 owing to the rising number of smart cameras and several accompanying sensors, which has resulted in an inclination toward in-band analytics. This combination of variables will augment growth in the market. For instance, there is extensive use of in-band analytics, smart cameras, and other techniques to facilitate operations.

The enormous adoption of cloud-based services is creating lucrative opportunities for the video surveillance as a service market. The swift adoption of technology will help the market players to adapt to the shifts in the tastes and preferences of the consumers and the existing market dynamics. Thus, the rising availability of higher frequency bandwidths and various innovations made in cloud computing technology will drive the global market. Users in the surveillance industry are robustly using cloud-based services to cater to their requirements. There is an inherent benefit of swifter response, evidence tampering prevention, and enhanced reach.

VSaaS Size and Share Analysis Forecast to 2030

The surging internet penetration will spur the video surveillance as a service market growth. A market share of at least 35% is held by the hosted category, based on type. This can be ascribed to the extensive utilization of hosted video surveillance as a service in the development of smart cities, and the retail and residential sectors. Moreover, swift-paced internet connectivity, profit-orientation of 5G services, and the surging mobile phone penetration will propel growth in this industry. The lower subscription fees will account for higher sales.

Within the vertical segment, the BFSI sector will generate high revenue in the video surveillance as a service market on account of the rising disposable income of the people. The VSaaS provides several benefits including surveillance data access, adding devices flexibility, and lower initial costs. Because of this, these devices are being highly integrated into financial institutions to keep an eye on staff and customers. Furthermore, it also reduces the threats of robberies and kidnapping, enabling the detection of frauds at cash centers to deploy security within banking processes.

North America rules the video surveillance as a service market, accounting for approximately 40% of the total revenue. This can be credited to extensive government support, rising threats of terrorism, and surging crime rates in the region. The most usual users of VSaaS are office spaces, restaurants, and hotels. There is an increasing installation of modern surveillance systems by the government in public spaces. In addition, it is also working to expand the usage of these services in the infrastructure and defense industries. 

Moreover, there is a consistent growth in the European industry because of extensive government support, greater deployment of technologically advanced devices in numerous sectors, coupled with a rising integration of cloud-enabled VSaaS. In addition, APAC will also not lag due to the rising preference for the smart city concept and greater concerns about safety among the citizens in the digitalized era. Thus, the market will boom in the coming years globally.

Hence, extensive government support and rising internet penetration will drive the market.

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Why Is North America Dominating Carbon Capture, Utilization, and Storage Market?

By 2030, the carbon capture, utilization, and storage market are expected to generate $17,835.6 million value, from $2,037.0 million in 2021. The increasing emphasis on lowering carbon emissions, the government plans to achieve carbon neutrality in 2050, and the growing demand for CO2-EOR methods are the main drivers cited for the market's rise.

Startups engaged in the creation of cutting-edge carbon capture technology are receiving funding from investors and venture capital firms. For instance, Despite the COVID-19 epidemic, VC-backed firms got investments totaling over $325 million in 2020, an increase of almost $75 million from the previous year.

Additionally, commercial methods for deploying CCUS systems have shifted away from the development of massive, standalone installations and toward the development of industrial hubs with common CO2 storage and transfer facilities. The installations offer large economies of scale and low commercial risks because of innovative business models that concentrate on transportation and storage services.

In the past, the North American carbon capture, utilization, and storage market contributed to more than 35% of total revenue; this position is anticipated to hold during the projection period. This is attributed to both the rising integration of CCUS projects with anticipated liquified natural gas developments in the region and the rising demand for goods and fuels with a smaller carbon footprint.

However, over the projection period, the APAC carbon capture, utilization, and storage market are anticipated to develop at the quickest rate. This is because most brand-new projects are being developed in developing nations, where pollution is high. There are additional benefits for businesses to locate their projects in APAC due to the region's excellent geology for carbon sequestration.

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Frequent Power Outages Help the Growth of Malaysia Diesel Generator Set Market

The Malaysia diesel generator set market was around $83 million in 2021, and it will propel at a growth rate of about 2% in the coming years, to reach nearly $98 million by 2030. This is due to the fact that the Malaysian government is focusing on growing infra development, with plans to construct 1 million houses for catering to people below the 40% income bracket by 2029.

The above 750 kVA generator set had the largest demand in the Malaysia diesel generator set market in 2021, and it will grow at a growth rate of around 2% in the near future. The demand for these generators chiefly arises because of applications in the industrial sector. During the last 20 years, the country has manufactured 40% of the global production of hard disk drives, and it is one of the major exporters, leading to industrial sector growth.

In 2021, the demand from the commercial sector in Malaysia diesel generator set market  was the highest, and it will increase at a growth rate of 2% by the end of this decade. Over the last 10 years, the nation has become a popular center for medical tourism, ICT, and logistical services. Likewise, it is situated at the center of the market in Southeast Asia.

Key players in the Malaysia diesel generator set market are involved in numerous strategic developments, for instance, product introduction, to remain competitive in the market. For example, Cummins Inc. revealed the EC-AGS+ wireless system in September 2021, for Onan gas and diesel generators. It lets users regulate the generators with the help of a mobile app. The wireless control lets autonomous, manual, and voice activation start diesel generator sets, offers reminders for maintenance via Bluetooth, and allows climate monitoring.

The demand for diesel generators in Malaysia is increasing day by day, because of the frequent power outages, and a need for an uninterrupted power supply.

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