Hardware Archivi - World Wide Trends

6 novembre 2024

Video Surveillance Market Set to Hit USD 99.7 Billion by 2030 Amid Rising Security Demands

The global video surveillance market is expected to reach USD 58.5 billion in revenue in 2024 and grow at a CAGR of 9.3%, reaching USD 99.7 billion by 2030. This growth is attributed to rising security needs in public and private sectors, covering spaces like airports, residential areas, commercial buildings, and schools.

The push for smart cities is also fueling demand for advanced surveillance systems capable of monitoring diverse activities. The integration of AI and deep learning in video analytics is further improving safety by enhancing surveillance efficiency for individuals and property.

Demand for IP-based surveillance systems is on the rise due to advancements in data processing, compression technologies, and affordability. Cutting-edge technologies like computer vision, artificial intelligence, and anomaly detection are increasingly embedded in modern systems to identify unusual behavior patterns.

With IP-based systems becoming more accessible, analog surveillance solutions are being phased out. This shift is driven by enhanced security capabilities, expanded network infrastructure, and cost reductions in specialized surveillance equipment, making IP-based solutions more cost-effective. Moreover, the rise of 360° recording technology allows the replacement of multiple PTZ cameras with a single unit, increasing both efficiency and affordability.

Key Highlights:

Hardware holds the largest market share (50%) in 2024, primarily driven by demand for cameras, storage, and displays.
IP Cameras improve surveillance with low-light performance, object tracking, and integrated security features.
VSaaS (Video Surveillance as a Service) grows at a CAGR of 9.6%, offering remote viewing, recording, and cybersecurity benefits.
The commercial sector commands 40% of the market, driven by security needs in retail, corporate, and financial spaces.
The industrial sector is expected to see the highest CAGR of 9.8% as facilities focus on protection against theft, vandalism, and accidents.
APAC is the fastest-growing region (CAGR 9.7%), fueled by urbanization and infrastructure expansion.
China leads APAC in market share, primarily using surveillance tech in public spaces and major projects.
North America holds a prominent market position due to widespread adoption across residential, commercial, and industrial segments, with the U.S. seeing robust growth driven by infrastructure investment and public safety needs.
MEA (Middle East & Africa) is showing growth potential with increased adoption of mobile surveillance solutions, especially in Saudi Arabia and the U.A.E. as they enhance security compliance and infrastructure.
VSaaS adoption is boosting scalability and flexibility for global surveillance solutions.
Advances in hardware technology are enabling high-resolution, more effective surveillance capabilities worldwide.

15 gennaio 2024

Supervisory Control and Data Acquisition Market Growth and Future Analysis

The SCADA market will propel at a rate of rate of 7.4% by the end of this decade, to touch USD 16,994 million by 2030. This is credited to the high adoption of Industry 4.0 solutions using SCADA devices, the rising use of software platforms for example IoT and AI, the snowballing requirements for industrial mobility solutions for effective process management, and the increasing growth in WSNs.

The increase in the development of Industry 4.0 across both manufacturing and process industries quickens the growth of the industry. They employ these services as part of their digitalization plans. As a result of their high level of tech acceptance, industries are facing a high need to update a present SCADA system. Therefore, the requirement for such systems is increasing, because of the digitization of production procedures using sensors and info devices.

With its cutting-edge competences to lay emphasis more on productivity, SCADA makes a positive change. Even a positive IoT report generation contributes strongly to improve decision-making and the making of new strategies for improving business performance.

North America SCADA market has a significant share. This is because of the steady power management of SCADA, enormous investment in technologies, the growing industrial sector, and the growing acceptance of automation tech.

Likewise, automation tech acceptance is supported by the increasing industrial sector in the region. Furthermore, the requirement for supervisory control and data attainment products would be boosted by governments’ augmented focus on smart city development, as these systems are used by smart cities to advance transport and wastewater management.

It is because of the rapid growth in big data and analytics all over the world, the demand for SCADA is on the rise.

18 dicembre 2023

Patient Engagement Solutions Industry Development and Forecast Report 2030

The patient engagement solutions market was USD 17,212.8 million in 2022, and it will touch USD 37,267.1 million, advancing at a 10.1% CAGR, by 2030.

The growth of the industry is mainly because of the rising need for advanced drugs and the surging incidence of chronic illnesses. Furthermore, the advancing healthcare infrastructure, mounting elderly population, increasing utilization of mobile health solutions, and rising need for wearable health technology are also boosting the growth of the industry.

The software category, based on component, held the largest share of the industry, approximately 60%, in 2022. This is because of the rapid acceptance of this software by healthcare facilities to ease off complex health data and modify it as per the requirements.

The service category is advancing at a significant rate as services benefit in leveraging and enhancing engagement solutions of patients according to consumers’ necessities, to improve health outcomes. Furthermore, players in the industry provide support & maintenance, ancillary, and training & installation services, for instance, interoperability and electronic health records access.

The cloud-based category, based on delivery mode, will observe the fastest patient engagement solutions market growth, of over 12%, in the coming years. This is attributed to the fact that the cloud delivery mode is a more-secure as compared to others and performs the highest compliance level with the Health Insurance Portability and Accountability Act.

The home health management category, based on application, will observe the fastest growth in the years to come. This is because of the increasing consciousness among people regarding the complexity of the disease, along with their willingness to participate actively in their treatment optimization, tracking, or planning.

The chronic diseases category, based on therapeutic area, is the largest contributor to the industry. This is because of the rising requirement to control the incidence of chronic illnesses.

Furthermore, government organizations in both developing and developed nations are implementing various solutions to decrease the increasing burden of healthcare. Additionally, the surging elderly population is also boosting the requirement for such solutions all over the world.

Based on end user, the providers category accounted for the largest share in the industry. This is because of the mounting count of patients across the globe, as a result, various healthcare providers have started utilizing such solutions to prove better patient treatment.

North America accounted for the largest share, of over 40%, because of the existence of advanced hospital infrastructure, surging incidence of chronic illnesses, and rising count of HIT solution providers.

APAC will observe the fastest growth in the years to come. This is mainly because of the surging incidence of chronic illnesses, the mounting elderly population, and the rising consciousness of patient engagement solutions for these illnesses management.

With the mounting requirements for advanced drugs and the mounting incidence of chronic illnesses, the patient engagement solutions industry will continue to advance in the years to come.

15 dicembre 2023

Favorable Government Organization Initiatives Drives CDSS Industry

The CDSS market will touch USD 3,386.0 million, propelling at an 8.6% CAGR, by 2030.

The growth of this industry is because of the increasing deployment of information-gathering and analysis systems by hospitals and medical institutes. Additionally, the advantageous initiatives of many government organizations, including the FDA, to support healthcare IT will further boost the expansion of this industry.

In recent years, the integrated category, based on type, was the larger contributor to the industry, and it will also advance at a faster rate during this decade. This can be primarily attributed to the increasing consciousness and acceptance of EHRs by medical facilities across the globe.

The knowledge-based category, based on model, generated a higher share in the industry, and it will propel at a higher rate, of approximately 10%, in the years to come. The rising acceptance of these solutions in medical facilities for precise decision-making applications boosts the expansion of this category.

The cloud-based category, on the basis of delivery mode, will advance at the highest rate, of around 9%, in the coming years. This can be primarily because of the significant innovation in the field of IT as well as its high acceptance in the medical industry. In addition, the high reliability and cost-effectiveness of this delivery mode are boosting its acceptance.

In recent years, the services category, based on component, was the largest contributor to the CDSS market. This can be because of the requirement for a timely knowledge base and software upgrade with the latest innovations and medications. Moreover, the hardware of these systems also requires proper maintenance, boosting the requirement for the associated services.

Based on setting, the in-patient category generated a larger share in recent years, owing to the rising count of hospitals and in-patient admissions. This is ascribed to the surging occurrence of chronic illnesses, which necessitate proper treatment.

North America dominated the industry in the past few years, and it will further advance at approximately 7% rate during this decade. This can be credited to the increasing requirement for healthcare IT solutions in this continent. Additionally, the growing focus on providing quality care as well as the rapid technological advancements are also assisting the industry expansion.

APAC will grow at the highest rate, of approximately 10%, in the years to come. This is because of the surging funding for healthcare in Australia, China, India, and Japan. In addition, the active participation of government organizations in research & development, for the incorporation of information technology into the continuum of care, is boosting the solution requirement in the region.

It is because of the increasing deployment of data gathering and analysis systems by hospitals and medical institutes, the CDSS industry will continue to grow in the coming years.