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The cloud computing market offers flexible and remote data storage facility to enterprises and also eliminates the need for a physical storage infrastructure. Cloud computing allows multiple end-users to store and access data through a common network space simultaneously.
According to the opinion of more than 60% CIOs of high performing enterprises, cloud computing is expected to improve customer engagement along with improving operational efficiency. In today’s business world, it is estimated that more than 2 Zetabytes of data is generated annually and cloud offers an ideal platform for storage of this magnitude of data cost-effectively. It is estimated that 35% of the data storage budget of organizations can be saved with the implementation of cloud computing.
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Moreover, sectors such as BFSI and retail can give access to their online applications through cloud interface and enhance customer service. Since these sectors are customer-centric, they can simplify data reservoir management and analytical applications to get in-depth understanding of customer behavior patterns. Moreover, allowing customers access to online business applications on cloud system would increase scalability and prop-up efficiency.
The global data storage market revenue stood at $9.2 billion in 2012. With more enterprises opting for cloud based services, the cloud computing market is expected to surpass the conventional storage infrastructure in terms of revenue over the next decade.
Wound closure and advanced wound care products are gaining ground over traditional methods of wound care, globally. Factors propelling the advanced wound care products are the minimal need of bed capacity in hospitals, and shifting inclination towards homecare therapies that enhance healing and minimize hospital time. Therapies and products that promote faster wound healing are gaining prominence due to the recovery time taken by these products. Though the product ingression is minimalistic currently, the global market for advanced wound care products is a potent market. The growing population, rising awareness levels in patients, and buying power due to higher disposable incomes are a few factors that would push the application of the market globally.
Advancements in wound care technologies have ignited the growth in wound closure market. The prevalence of lifestyle diseases and their widespread influence would intensify the need for advanced wound care surgeries. The witnessed growth due to lifestyle diseases would prevail in the future, as rising incidences of traumatic cases are registered more frequently than ever. Adoption in surgical sealants and haemostat technologies has ignited the need for wound care service providers.
Advanced wound care products market would dominate the wound care sector in the future. The highly favored reimbursement policies would further add fuel to the growth of the wound care products market. Insurance companies in most of the developing economics are contributing positively with reimbursements policies that are highly favorable towards the patients. Value chain scenario of the market is balanced and in control due to mutual understanding between intermediaries.
Market drivers of this market are over riding the restraints. However, the cost associated with the wound closure surgeries is the major of challenge to the industry players. Most of the time, it is found that the cost of supplementary treatments would cross the value of actual treatment. This situation is majorly hindering the growth of wound care market. Therefore, the players operating in this market are continuously working towards increasing the efficiency of surgeries and eliminate unnecessary tests conducted during the procedures.
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A recent work by the researchers of Los Alamos National Laboratory demonstrated that exceptional light emitting quality of quantum dots could be used in harvesting solar energy efficiently.
“The key accomplishment is the demonstration of large-area luminescent solar concentrators that use a new generation of specially engineered quantum dots,” said lead researcher Victor Klimov of the Center for Advanced Solar Photophysics (CASP) at Los Alamos.
With the help of colloidal chemistry, quantum dots can be synthesized with the atomic precision. By controlling dimensions, their color of emission can be tuned. Quantum dot’s highly efficient power emission with the property of color tunability is considered as the basis for quantum dot display technology.
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Klimov explained, “The LSC serves as a light-harvesting antenna which concentrates solar radiation collected from a large area onto a much smaller solar cell, and this increases its power output.”
“LSCs are especially attractive because in addition to gains in efficiency, they can enable new interesting concepts such as photovoltaic windows that can transform house facades into large-area energy generation units,” said Sergio Brovelli, who worked at Los Alamos until 2012 and now a faculty member at UNIMIB.
With solution processability, color tunability and high efficiency, quantum dots are best choice for luminescent solar concentrators that help to trap the sunlight. Quantum dots market has witnessed exceptional rise in few years. Although it is an emerging technology, many technological pundits coin it to be the next big thing. Many researches also suggest the same. For example, a latest report by allied market research, based in Oregon, Portland, analyzed the global quantum dots market to reach $5.04 billion by 2020.
According to a new report by Allied Market Research titled “Femtocell Market (Types, Technology, Applications and Geography) – Global Analysis, Trends & Forecast through 2020,” global femtocell market grew to a market size of $304.8 million in 2013, and expected to attain a market size of $3,712 million by 2020. Technological advancements and reduction in cost of femtocell devices are the two major factors driving the femtocell market.
Increasing number of Smartphone users has given rise to the need of fast, reliable and seamless network connectivity. Femtocell is a technology that can deliver cost effective and efficient network service. Increased adoption of broadband services and mobile phone usage for video conferencing, software/music downloading and online gaming are driving the growth femtocell market. Advancement in equipments and their capacity are the main factors to be analyzed by companies before adopting femtocell devices. Due to the cost involved in installing femtocell devices, the Asia-Pacific region is not readily accepting the femtocell technology. Lack of awareness is also acting as a restraint for the market growth in Asia-Pacific region. Emerging technologies such as LTE 4G technology is dominating the developed economics. This report provides an in-depth intelligence on key strategies adopted by top companies engaged in manufacturing and service providing of femtocell devices.
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Femtocells are chiefly used in commercial, consumer and public access areas. However, it is largely used in home based connections to enhance the mobile network. In 2012, more than 30% of the mobile calls originated from home users and it is expected that in next few years, majority of voice calls packet data would originate from home settings. Rise in disposable income levels, advancement in network technologies such as 4G, are some driving factors of femtocell market in residential application. However, high cost of femtocell for home applications and lack of awareness for femtocell technology is hindering the growth of femtocell market.
Femtocell technology market is segmented into two categories, namely SIP/IMS technology and IU-H technology. The technology market is majorly driven by increased application for IMS technology in small and medium enterprises and reduction in cost of IU-H technology. Increases in applications of IMS/SIP femtocell among residential users have increased the growth of femtocell devices. IU-H technology has a major market share compared to SIP technology due to its multiple applications in networking services.
The global femtocell market by types is segmented into three major categories such as 2G, 3G and 4G femtocell. The transition of femtocell technologies from one generation to another is increasing the importance of the femtocell devices. The companies are gaining competitive advantage by manufacturing advanced femtocells. The commercialization of multimode femtocell has diversified the applications of 3G and 4G femtocell.
Allied Market Research today published the most comprehensive and strategically analyzed report titled “Plastic Additives Market (Functions, Types, Applications and Geography) – Size, Share, Global Trends, Analysis, Opportunities, Growth, Intelligence and Forecast, 2012-2020”. The global plastic additives market in terms of volume was estimated at 12.6 million tons in 2013 and is expected to reach 17.1 million tons by 2020 growing at a CAGR of 4.4% during 2013-2020.
Decreasing mineral ore sources have increased the cost of metal equipment, which has triggered the application of plastics to replace the metal equipment. The low cost of plastic equipment and properties that match metal equipment is also pushing the higher adoption of plastics in a number of applications. Thus the demand for additive which enhances the properties of plastics is also on rise. The companies involved in manufacturing of additives are majorly concentrating on specialty chemicals that are used in construction and automobile equipment.
The global plastic additives market growth is dampened by strict government regulations as some plastics additives such as Chlorinated flame retardant are banned in countries, namely Canada, U.S. and the European Union. The pending legal suits are also hindering the growth of plastic additive market. Companies are facing problems with lawsuits such as patent imitation suit, commercial application of banned product etc.
The plastic additives manufactures have high focus on developing economies due to economical advantages. Asia-Pacific is the largest revenue generating region among other geographies due to the availability of low cost raw material and economical work force. However, the availability of economical work force in under developed economies such as in Africa is also attracting the global players. The Asia-Pacific and Rest of the world region shared 42.1% revenue in 2013 which is expected to soar to 60% by 2020. The increase in consumption of plastic products and raising awareness for the preservation of depleting resources is facilitating the growth of plastic additive market in these regions.
Plastic additive market by type is segmented into Plasticizers, Flame Retardants, Impact Modifiers, Antioxidants, Anti-microbial and UV Stabilizers. The plastic additive market by types is ruled by plasticizers in terms of volume as well as values. The plasticizers market was valued of $21.4 billion in 2013 and expected to lead in terms of revenue generation throughout the analysis period. The multiple applications of plasticizers in manufacturing plastic products are promoting the market as compared to others segments. The flame retardants plastic additives market has highest growth potential which is forecast to grow at a CAGR of 5.4% during 2013-2020. Furthermore, antimicrobial market which is expected to grow at a moderate growth is promoted due to increase in demand for disposable products in healthcare industry.
Plastic additives market is expected to grow in developing economies such as India, China, and Japan. The developing economies are more lucrative for the global players operating in this market due to availability of low cost labors and raw materials.
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The companies involved in the manufacturing of chemicals are trying to capture the natural resources to create monopolistic environment in supply chain of plastic additive and other chemicals market. Recently, Neftegaz America Shelf (a subsidiary of Roseneft) acquired 30% shares of deepwater exploration of ExxonMobil (Gulf of Maxico). This agreement had initiated the production and refining of petroleum products in that block. Key companies included in the company profiles are BASF, Chemtura Corporation, Exxon Mobil Corporation, Bayer Ag, Clariant Ltd. and Kaneka Corporation.
Animal Feed Additives Market is Expected to Reach $20 Billion, Globally, by 2020 – Allied Market Research
According to a new research report by Allied Market Research, titled “Animal Feed Additives Market (Product, Livestock, Geography) – Global Industry Size, Analysis, Growth, Trends, Share, Opportunities and Forecast 2013 – 2020”, the global animal feed additives market was valued at $14.9 billion in 2013 and is estimated to reach $20 billion, registering a CAGR of 4.2% during 2013 – 2020. The increase in global meat consumption has boosted the demand of animal feed and feed additives market. The demand for high nutritional meat that is available at low cost throughout the globe is also driving this market and this trend in the market is considered as the key factor supporting the industrialization of meat production across the globe.
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Animal feed additives add value to the animal life and the quality of their meat. Due to positive impacts that the additives have on the animals, the product is gaining momentum across the globe. Asia Pacific and LAMEA (Latin America, Middle East and Africa) regions are greatly demanding meat products of better quality to cater to the demand within these regions. The various other factors driving the market are concerns over the meat quality and safety of meat products among the consumers following recent disease outbreaks has compelled meat producers to focus on the quality of feed provided to the animals. The variations in regulations across the globe is having an unfavorable impact on worldwide meat market, particularly in developed and advance developing economies. For example, consumption of antibiotic, which is a development promoter, was banned by the European regulatory authorities due to its adverse effects on the consumer and on animal health. The opportunity for this market is the rising demand for feed additives in the Asia pacific region, due to the increase in meat production and export. For Example, India has started subsidies for meat exporters as an encouragement for animal husbandry industry and thus providing huge opportunity for feed additive market.
Amino acid as growth amplifiers has higher popularity among meat producers as it helps in faster growth of the livestock, expediting their ROI. The amino acid feed additives hold the largest revenue share of the animal feed additives market in 2013. Lysine is the predominant amino acid feed additive currently being used; accounting for about 70% of amino acid feed additives market. Tryptophan, Methionine and Threonine are other major amino acid feed additives. Though antibiotics has been banned in major European countries, it will continue to be the second largest revenue generating segment for the animal feed additives market followed by feed acidifiers and vitamins. Antioxidants and feed enzymes are expected to have notable growth during the forecast period though having smaller market size.
The livestock segment of the animal feed market is segmented into pork, seafood, cattle and poultry. The Poultry segment is the highest revenue generating market among the segments. This is due to increase in demand in developing nations, which is the highest poultry meat producing region. The leniency in the regulations for this market has also contributed to the increase in demand and has encouraged the multinational companies to invest in this market, thus making the market even more competitive.
The geography segment of the animal feed market is segmented into North America, Europe, Asia Pacific and LAMEA. The geography market is dominated by the Asia Pacific region. This is due to the increase in demand for meat and various animal products, thus increasing the demand of feed additives in these regions. The European market is expected to have the highest CAGR compared to the other regions during the analysis period. This is due to the increase in regulatory concerns and increase in meat consumption in this region.
The key strategies that are implemented by the manufacturers to increase the adoption of the feed additives are product launch, merger & acquisition and partnership & agreement. The most applied strategy is the product launch. With more and more product launches various additives are available in the market that can improve the animal health, meat quality, quantity and reduce pollution. For example, Novus International, Inc. and Verenium Corporation launched a new phytase enzyme product, CIBENZA PHYTAVERSETM. The enzyme is specifically used to extract benefits from the nutritional value in phytate for the well being and improvement of animal growth. The key companies profiled are Addcon Group GMBH, BASF SE, Adisseo France S.A.S, Kemin Industries, Inc., BIOMIN Holding GmbH, Elanco Animal Health, Inc., DSM, Novus International, Inc., Nutreco N.V and Novozymes
In Vitro Fertilization (IVF) Market in Asia Pacific Will Reach $4.2 Billion by 2020 – Allied Market Research
According to a new report by Allied Market Research, titled, “In Vitro Fertilization Market in Asia Pacific – Country Analysis by End Users (Clinics, Hospitals, Surgical Centers, Clinical Research Institutes, Banks), Number of Cycles, Revenue, Share, Growth, Trends, and Forecast through 2020,” the IVF market in Asia Pacific stood at $1.3 billion in 2012 and is estimated to be $1.4 billion in 2013. The IVF market in the region is forecast to grow to $4.2 billion in 2020 at a CAGR of 17.1% during 2013 – 2020. The overall number of IVF cycles performed in the region stood at 329.3 thousand in 2013. The number of IVF cycles in Asia Pacific will continue growing with a fast pace during 2013 – 2020 to reach 779.4 thousand in 2020, registering a CAGR of 13.1% during the evaluation period.
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In 2010, the Asia Pacific IVF market grown to become a $1 billion industry. The growth trajectory further consolidated with growing government interventions and support, especially in countries such Japan, Korea and Singapore where the lower fertility, aging population and lack work force has triggered severe implications.
Although the largest number of IVF cycles is performed in India, Australia is the largest contributor to overall region’s revenue. Australia IVF market is estimated to be worth $369.7 million in 2013. The market is further expected to become a billion dollar industry in the country, garnering $1.1 billion in 2020 at a CAGR of 17.5% during 2013 – 2020. However, India IVF market is expected to be fastest growing country market with a CAGR of 17.9% during the same period. The faster revenue growth in India IVF market will be supported by the growth in cost per cycle due to increasing sophistications of procedures and advancement in technology.
Fertility clinics and specialty hospital plays crucial role in providing IVF treatment to couple seeking assistance for infertility treatment. With the success of specialized fertility centers such as Virtus Health Ltd (Australia) and Fortis Bloom Fertility and IVF Center (India), the IVF market in Asia Pacific has taken a leap forward. Specialized IVF clinics have been dominant in performing IVF cycles with about 161 thousand procedures performed in 2012. The segment is expected to have 371 thousand IVF cycles by the end of 2020 at a CAGR of 12.1% during 2013 – 2020, closely followed by Hospitals segment at 351 thousand in the same year. Surgical centers will exhibit fastest growth rate during the period; however, largely due to lower volume.