Saturday, April 30, 2022

84 Minutes of Video Content Is Consumed on an Average in a Day by an Individual - Importance of Captioning Services

84 Minutes of Video Content Is Consumed on an Average in a Day by an Individual - Importance of Captioning Services
Captioning services integrate text to the sounds and dialogue of the video as they take place that helps understanding the context very clear.
Professional Closed captioning service adds closed captions to your video to help you reach a broader audience, improve accessibility, and comply with regulations.

With the rise of social media, video sharing has become one of the primary modes of communication. Apart from being a source of entertainment, it can also be a useful platform for organizations to reach their target audience. After all, videos are more engaging than text and pictures as they have the power to grab attention.

According to a study by Cisco, 84 minutes of video content is consumed by an individual on an average in a day, and this is likely to grow up to 1.5 hours in the coming years. With the high demand for online video content, it has become necessary for businesses to captivate their audience's attention with interesting content, which can help them stand out from their competitors.

A survey conducted by Facebook found that, on average, people spend about 50 minutes per day on Facebook and Instagram. However, only about 20% of these people prefer reading a text post, whereas 80% prefer watching videos. This shows that videos have the potential to drive more engagement than textual content.

Video captioning services offer multiple benefits like:

It provides visual information: Videos have a greater impact on viewers than text or pictures as they provide both audio and visual information, thus making it easier for users to comprehend the message conveyed.

- Provides accessibility: Captioning makes the video accessible even to those who are hearing impaired. The captions also ensures those who are not native speakers of the language in which the video is made can understand the content.

- Boosts search ranking: Captioned videos improve search engine optimization as they rank higher in search engines and enhance user experience due to their improved accessibility.

- Helps boost engagement: Adding captions to videos increases understanding and can help improve user engagement. Moreover, videos with captions tend to rank better on search engines as they are more likely to be viewed by users. Video captions also allow you to use keywords to help your target audience easily find the video on social media networks and search engines.

Vanan Services is one of the leading providers of closed captioning services at affordable costs. Vanan Services has been offering quality closed captioning services to clients worldwide. We offer a wide range of closed captioning solutions that can be tailored to meet your exact needs and budget constraints. Our team consists of expert professionals who are dedicated and committed to delivering superior-quality closed captioning services on time. We offer video, audio, and media captioning services to clients worldwide.

How Does It Work?

Our Simple Process Is as Follows:

Step 1: Get Connected With Us

Send us your video file and contact information, or give us a call to discuss your project. We will send you a price quote with the turnaround time based on the amount of content.

Step 2: Price Quote Details

Once you're happy with our rates, we will send you an agreement for the captioning services that details our entire process.

Step 3: Upload Files & Place Order

You can upload files directly to our website or use any other method to send them to us (email, FTP, etc.). If you're placing a large order or have multiple files you'd like captioned, please let us know so we can provide alternate file transfer options. Once the files are transferred and reviewed, we will begin processing them. We will notify you by email throughout the process to keep you informed of our progress.

Step 4: Start Project

Depending on turnaround time and volume, most projects are completed within one week from the date of order placement.

You can upload your files through our website or send them via mail to support@vananservices.com or call us at +1-800-230-7918

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Conducting an effective search for matches on AsianDate can make all the difference in find love

Conducting an effective search for matches on AsianDate can make all the difference in find love
AsianDate, the online dating service bringing singles together worldwide, has urged members to take a serious approach to its advanced search feature when looking for the right match. AsianDate has found that many singles are using the wrong approach in trying to find a match online.

Online dating is the same with the physical world where you can meet a person and hit it off just like that. People have taken the wrong approach in trying to find matches which is similar to the approach used by many people where you can just meet someone in a nightclub and the looks are breathtaking you just decide to dance with them. Using this strategy, however, has resulted in a large number of singles online matching up with the erroneous match, which they only realize after they've already declared they like the match. The international dating site AsianDate has encouraged and praised its sophisticated search function as a way for singles all over the world to find the correct and perfect match. The advanced search is intended to assist singles in finding a partner with whom they are happy and compatible with.

According to the international dating site, the most successful way to find a compatible match is to search using parameters that include people with whom you share a lot of interests. When looking for a compatible match, it's best to focus on those that share a common interest with you because this will help you narrow down the ones who don't meet your criteria, allowing you more time to study and find the right match for you. The advanced search is a great tool to utilize when looking for a perfect match because it isn't confined to a specific place and covers singles all over the world. It allows you to choose from a large number of options and gives you time to narrow down the ones with which you have a common interest.

The advanced search feature is useful because it allows you to search by country and city, as well as the match's height, age, hobbies, and interests. You can type all of this into your advanced search, and it will filter it down for you. Then you can swipe through the results to find the ones that appeal to you. This has been discovered by the international dating service to be an excellent approach to provide singles all over the world with the option to meet compatible matches from all over the world without restrictions on who they may meet.

AsianDate believes that providing this opportunity to singles around the world will boost the number of matches and give them a better chance at finding true love without having to regret a match they swiped on. The dating service has ensured that singles can choose from a large number of singles on the dating platform based on any of the traits that they value in a person.

The advanced search option will help you filter out all of the potentially irrelevant matches and return the desired results. The dating site has also stated that the advanced search provides faster and more filtered results, saving you time from having to filter matches and leave the ones you're interested in. It's designed to make your time spent looking for a match more worthwhile than spending hours talking to strangers and not finding a match.

AsianDate, an international dating site, has decided that once you've used the sophisticated search and found the perfect match, you may utilize a variety of options to communicate with them, including live chat, video dating, and photo swapping. With the use of the sophisticated search filter, AsianDate anticipates receiving more matches from individuals all over the world.

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AsianDate shares new advice for strengthening a bond with a soulmate online

AsianDate shares new advice for strengthening a bond with a soulmate online
AsianDate, a global dating platform that connects lonely hearts all over the world, has given members advice on how to strengthen a relationship with an online love match. Dating online may be difficult and come with its own set of obstacles, especially if you're in a long-distance relationship but believe you and your partner can make it work.

Online dating necessitates a significant amount of commitment and time to ensure that your partner does not experience both your physical and emotional absence. The international dating service is offering the greatest advise in order to assist people connect more with their soulmates and enhance their communication skills, whether it's through chatting, video chat, or phone calls. When it comes to online dating, it's critical to follow the guidelines in order to get the best results and outcomes. Respect, good manners, honesty, creativity, and intimacy are among them. With these guidelines in mind, online dating may be a breeze, and you'll be able to swipe your way to nice matches.

When it comes to internet dating, it's always better to start with excellent manners. People will appreciate you if you have decent manners and show that you're there for a reason, which is to find your perfect match and try things out. When a possible match reads your profile, it should make them feel good. This can help you generate a good first impression, and your matches will be curious to learn more about the person behind the profile. Online dating also necessitates a high level of respect. When people swipe, they frequently overlook the concept of respect, yet they expect it to be repaid when it is the other way around. Respect other people's time and interest in you. This is the ideal method to gradually get closer to your soulmate by being attentive and showing them how much you value their time and effort in coming to see you.

When a relationship is up and running, people neglect to maintain the partnership's integrity. You must be open and honest with each other in order to attain your long-term goals. If you're open and honest with your partner, you can accomplish a lot in a relationship. A link with your soulmate is formed not only via intimacy, but also through how you interact with and comprehend your partner.

When it comes to your online relationship, be inventive. You don't want your partner to believe that you will always be in the same place. Despite being online, keep things interesting. Look for methods to include some fun in your relationship. Video conferencing and photo exchange are certain to keep the flames stoked. Allow your partner to see how you spent your day by describing it to them using the AsianDate features. This will improve your relationship's romance, and no day will close with your partner wondering what you've been up to all day.

Finally, make sure that intimacy is not overlooked when it comes to establishing your online relationship with your partner. You'll know when it's time to add intimacy to the connection as you grow to know each other and plan ahead for the partnership. Let your spouse know you're interested in them and take the initiative. If you're in a long-distance relationship, make sure you schedule time to visit and spend alone together. This is the greatest and ultimate technique to strengthen a bond with your soulmate online and will help you take your relationship to the next level.

AsianDate encourages members to continue searching and to take advantage of the site's features in order to find a match and a soulmate online.

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Friday, April 29, 2022

Hot Melt Adhesive Tapes Market to Receive Overwhelming Hike in Revenues by 2024

Hot Melt Adhesive Tapes Market to Receive Overwhelming Hike in Revenues by 2024
Browse 93 market data Tables and 40 Figures spread through 149 Pages and in-depth TOC on "Hot Melt Adhesive Tapes Market by Adhesive Resin (Rubber, Silicone), Backing Material (PP, Polyester), Product Type (Commodity, Specialty), Application (Packaging, Consumer & DIY, Masking, Healthcare & Hygiene) and Region - Global Forecast to 2024"
Hot Melt Adhesive Tapes Market by Adhesive Resin (Rubber, Silicone), Backing Material (PP, Polyester), Product Type (Commodity, Specialty), Application (Packaging, Consumer & DIY, Masking, Healthcare & Hygiene) and Region - Global Forecast to 2024

The hot melt adhesive tapes market is projected to grow from USD 15.5 billion in 2019 to USD 21.7 billion by 2024, at a CAGR of 7.0%, between 2019 and 2024. APAC is the largest consumer of hot melt adhesive tapes. The global hot melt adhesive tapes market is witnessing high growth on account of increasing applications, technological advancements, and growing demand in the APAC region.

The key players operating in the market are the 3M Company (US), Nitto Denko Corporation (Japan), tesa SE (Germany), Avery Dennison Corporation (US), and Intertape Polymer Group Inc. (Canada). These players have adopted various strategies, such as merger & acquisition, investment & expansion, and new product launch, to grow in the market. Mergers & acquisition was the key strategy adopted by the major players, between 2015 and 2019, to enhance their market shares and expand their global presence.

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Avery Dennison Corporation (US) is one of the major companies in the global hot melt adhesive tapes market. The company achieved this position after several successful small and big acquisitions and expansion activities. The acquisition of Mactac’s European business, a leading manufacturer of high-quality, pressure-sensitive materials, catering to several high-value segments, including graphics, specialty labels, and industrial tapes, in 2016, was the major acquisition of the company. The acquisition enhanced the company’s competitiveness in the hot melt adhesive tapes market in Europe.

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Intertape Polymer Group (Canada), which was founded in 1991, is a leading player in hot melt adhesive tapes market. The company develops, manufactures, and supplies a variety of paper and film-based pressure-sensitive and water-activated tapes, polyolefin films, woven fabrics, and complementary packaging systems for industrial and retail applications. The company offers products for aerospace, automotive, and industrial applications. It has operations in 17 locations, including 12 manufacturing facilities in North America and 1 in Europe. The company, with its products, caters to a number of countries, including Canada, Germany, and the US. After acquiring all the assets of Canadian Technical Tape Ltd., Intertape will be able to improve its distribution channel and add value to its products.

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Antistatic Agents Market Foreseen to Grow Exponentially by 2024

Antistatic Agents Market Foreseen to Grow Exponentially by 2024
[151 Pages Report] Antistatic Agents Market Report categorizes the global market by Form (Liquid, Powder), Product (Ethoxylated Fatty Acid Amines, Glycerol Monostearate, Diethanolamides), Polymer (PP, ABS, PE, PVC), End-Use Industry (Packaging, Automotive, Electronics) & Geography. COVID-19 impact on Antistatic Agents Market
Antistatic Agents Market by Form (Liquid, Powder), Product (Ethoxylated Fatty Acid Amines, Glycerol Monostearate, Diethanolamides), Polymer (PP, ABS, PE, PVC), End-Use Industry (Packaging, Automotive, Electronics), and Region - Global Forecast to 2024

The antistatic agents market is projected to grow from USD 437 million to USD 594 million by 2024, at a CAGR of 6.3% from 2019 to 2024. The growth of this market can be attributed to the increasing demand for antistatic agents from the packaging, electronics, and textiles industries.

Browse 138 market data Tables and 46 Figures spread through 156 Pages and in-depth TOC on "Antistatic Agents Market by Form (Liquid, Powder), Product (Ethoxylated Fatty Acid Amines, Glycerol Monostearate, Diethanolamides), Polymer (PP, ABS, PE, PVC), End-Use Industry (Packaging, Automotive, Electronics), and Region - Global Forecast to 2024"

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The packaging segment is projected to lead the antistatic agents market from 2019 to 2024, in terms of volume.

Based on end-use industry, the packaging segment is estimated to account for the largest share of the antistatic agents market in 2019, in terms of volume. Antistatic agents are used to reduce the accumulation of static charge over plastic surfaces during their transportation or stacking. Increasing demand for antistatic agents from the industrial packaging, retail packaging, and consumer packaging sectors have contributed to the growth of the packaging segment of the market.

The ethoxylated fatty acid amines segment is projected to lead the antistatic agents market during the forecast period, in terms of volume.

The ethoxylated fatty acid amines segment is estimated to capture about one-third of the antistatic agents market in 2019, in terms of value. This segment is projected to grow at the highest CAGR during the forecast period, in terms of volume. In comparison to other types of antistatic agents, ethoxylated fatty acid amines offer high processing stability and superior performance benefits, which make them one of the most preferred antistatic agents used in the packaging industry.

Based on form, the liquid segment is projected to lead the antistatic agents market during the forecast period, in terms of value.

The liquid segment is estimated to account for the largest share of the antistatic agents market in 2019, in terms of value. Liquid antistatic agents have a higher tendency to migrate over the material surfaces as compared to other forms of antistatic agents. These agents are used mainly in spraying and efficient dyeing applications. The application of liquid antistatic agents results in non-sticky surfaces and effective antistatic properties, which improve the weaving operations in the textiles industry. These ionic liquids can be transparent or translucent and as such, do not hamper the optical properties of the final products.

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The Asia Pacific region is projected to lead the antistatic agents market from 2019 to 2024, in terms of value and volume.

The Asia Pacific region is estimated to account for the largest share of the antistatic agents market in 2019 in terms of value and volume, followed by the European and North American regions. China is one of the major consumers of antistatic agents in the Asia Pacific region. Improving lifestyle of the population, increasing investments in the packaging industry, and flourishing electronics, automotive, and textiles industries in Asia Pacific are fueling the demand for antistatic agents in the region, thereby contributing to the growth of the Asia Pacific antistatic agents market.

Key market players covered in this report include BASF SE (Germany), Arkema (France), Clariant (Switzerland), Croda International PLC. (UK), DowDuPont (US), Evonik Industries AG (Germany), Nouryon (Netherlands), Solvay S.A. (Belgium), PolyOne Corporation (US), Riken Vitamin Co., Ltd. (Japan), Mitsubishi Chemical Corporation (Japan), and Kao Group (Japan).

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Facade Systems Market - Growth and key Players Analysis and Forecast

Facade Systems Market - Growth and key Players Analysis and Forecast
[167 Pages Report] Facade Systems Market Report categorizes the global market by Type (EIFS, Curtain Wall, Siding, and Cladding), End Use (Residential and Non-residential), and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America)
Facade Systems Market by Type (EIFS, Curtain Wall, Siding, and Cladding), End Use (Residential and Non-residential), and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Global Forecast to 2023

The façade systems market is estimated at USD 272.7 billion in 2018 and is projected to reach USD 397.2 billion by 2023, at a CAGR of 7.8%. The rising infrastructural and construction activities drive the demand for façade systems. Furthermore, the increase in demand from end-use industries for façade system further boosts the market growth.

Browse 149 market data Tables and 35 Figures spread through 167 Pages and in-depth TOC on "Facade Systems Market by Type (EIFS, Curtain Wall, Siding, and Cladding), End Use (Residential and Non-residential), and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Global Forecast to 2023"

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The EIFS segment is projected to grow at the highest CAGR, in terms of value, in the global façade systems market from 2018 to 2023

Exterior insulation and finish system (EIFS) is a non-load bearing exterior wall treatment that utilizes rigid insulation boards on the wall sheathing with an exterior skin of plastic appearance. EIFS insulation materials are made of mineral wool, polystyrene foam, and plastic foam. EIFS offers excellent insulation properties and design flexibility and has been a popular choice for exterior building cladding for several decades.

The residential segment is estimated to be a major consumer in the façade systems market, in terms of volume, in 2018

Façade systems are used in residential buildings, majorly in apartments, bungalows, dormitories, duplexes, and other house designs (townhouses, units, and villas). The use of façade systems in residential buildings has become more advanced and preferable, owing to the rising demand for greenhouse buildings. The spending in residential construction is estimated to witness a surge, particularly in the emerging Asia Pacific and South American regions; there is a trend of rapid urbanization observed in these regions, resulting in a higher growth rate for the residential construction market, as compared to developed markets. Aesthetic appeal, along with properties such as durability and protection from extreme weather, has also driven the use of exterior wall systems in the residential sector. Other benefits such as fire protection and high thermal efficiency will further drive the demand. The most favorable materials for residential include fiber cement, vinyl, bricks, and wood.

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Asia Pacific is projected to account for the largest share in the façade systems market during the forecast period

Asia Pacific is a hub of foreign investments and growing industrial sectors largely due to low-cost labor and cheap availability of lands. The increase in demand for façade systems can largely be attributed to the growing infrastructure activities in the construction industries. The demand for façade systems is growing rapidly in the region, due to the high growth in the infrastructure sector for aesthetic appeal.

Key players operating in the façade systems market include Saint-Gobain (France), Nippon Sheet Glass (Japan), Asahi Glass (Japan), Central Glass (Japan), Guardian Industries (US), BASF (Germany), Sto SE & Co KGaA (Germany), Dryvit Systems Inc. (US), ParexGroup SA (France), Terraco Group (UK), Etex Group (Belgium), James Hardie Industries PLC (Ireland), Nichiha Corporation (Japan), Boral Limited (Australia), Louisiana Pacific Corporation (US), Kingspan PLC (UK), Georgia-Pacific LLC (US), Knauf (Germany), USG Corporation (US), SHERA (Thailand), Universal Cement Corporation (UCC)  (Taiwan), and Vinh Tuong Industrial Corporation (Vietnam). These players have adopted various growth strategies to expand their global presence and increase their market share. Mergers & acquisitions, expansions, investments, new product launches, and partnerships are some of the major strategies adopted by the key players operating in the façade systems market.

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Weathering Steel Market Shares, Strategies, and Forecasts Analysis

Weathering Steel Market Shares, Strategies, and Forecasts Analysis
[150 Pages Report] Weathering Steel Market Report categorizes the global market by Type (Corten-A, Corten-B), Form (Sheets, Plates, Bars), Availability (Painted, Unpainted), End-use Industry (Building & Construction, Transportation, Art & Architecture, Industrial) & Geography.
Weathering Steel Market by Type (Corten-A, Corten-B), Form (Sheets, Plates, Bars), Availability (Painted, Unpainted), End-use Industry (Building & Construction, Transportation, Art & Architecture, Industrial), Region- Global Forecast to 2024

Weathering Steel Market size is expected to grow from USD 1.0 billion in 2019 and is projected to reach USD 1.6 billion by 2024, at a CAGR of 8.8% from 2019 to 2024. Major drivers of the market include the increasing demand from various end-use industries, government initiatives, and public & private investments.

Browse 138 market data Tables and 44 Figures spread through 150 Pages and in-depth TOC on "Weathering Steel market by Type (Corten-A, Corten-B), Form (Sheets, Plates, Bars), Availability (Painted, Unpainted), End-use Industry (Building & Construction, Transportation, Art & Architecture, Industrial), Region - Global Forecast to 2024"

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The Corten-B type is projected to lead the market during the forecast period

Based on type, the weathering steel market is segregated into Corten-A, Corten-B, and others. Among these, Corten-B is the most consumed type of weathering steel due to its properties such as high tensile strength and good wear resistibility as compared with Corten-A and other types. Moreover, Corten-B is available in various forms such as plates, sheets, and bars which diversify their application in various end-use industries. This factor is expected to drive the growth of the weathering steel market over the forecast period.

Plates to be the most consumed form of weathering steel during the forecast period

Based on form, the weathering steel market is segregated into plates, sheets, bars, and others. Among these, plates are anticipated to be the most consumed form of weathering steel. This growth in the demand for plates is due to the increasing infrastructure activities around the globe which majorly use plates as the primary form for construction, which is expected to fuel the growth of weathering steel market during the forecast period. Moreover, plates form to register the highest CAGR in the weathering steel market during the forecast period.

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Asia Pacific is projected to be the largest consumer of weathering steel during the forecast period.

By region, the weathering steel market is segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Among these, Asia Pacific is expected to lead the weathering steel market during the forecast period. In addition, increasing investments from public and private sectors, government initiatives, and rising demand for steels with a longer shelf life & low maintenance is expected to drive the growth of weathering steel market in the near future.

Key players in the weathering steel market are United States Steel Corporation (US), ArcelorMittal (Germany), Nippon Steel & Sumitomo Metal Corporation (Japan), Tata Steel (India), POSCO (South Korea), and SSAB AB (Sweden), among others are considered for the study.

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Heat Pump Market to Grow $83.5 Billion by 2026

Heat Pump Market to Grow $83.5 Billion by 2026
The global heat pump market is expected to grow from USD 53.2 billion in 2021 to USD 83.5 billion by 2026, at a CAGR of 9.5% during the forecast period.

The global heat pump market is expected to grow from USD 53.2 billion in 2021 to USD 83.5 billion by 2026, at a CAGR of 9.5% during the forecast period. The factors driving the growth for heat pump market are the Contribution of heat pump technology to reduce carbon footprint and the Government laws and subsidies to enhance energy efficiency.

Heat pumps extract the ambient heat from the air and land at low temperatures and increase the temperature through energy input, mainly electricity. The heat pump is cable of extracting up to 77% of the energy from the air. Thus, the use of heat pump can bring down the fossil fuel consumption considerably when compared to alternate mediums of heat transfer, subsequently lowering the carbon footprint. This factor is increasing the number of heat pump installations across all sectors and driving the heat pump market growth.

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Energy is an essential power source in homes, hospitals, and schools, among others. However, its production and usage result in the emission of greenhouse gases in significant volumes. Thus, major economies across the globe are aiming to reduce their dependency on non-renewable energy sources and are gradually inclining toward renewable energy sources to restrict the emission of greenhouse gases.

The heat pump technology is a promising solution for lowering greenhouse gas emissions. Heat pumps through aero thermal and geothermal technologies offer an energy-efficient approach to space heating. The heat pump is often regarded as a sustainable technology when used in heating, ventilation, and air conditioning (HVAC) systems.

The Asia Pacific region is estimated to be the largest market for the Heat Pump Market, followed by North America. The North America region is projected to be the fastest-growing market during the forecast period. The growth of the North American Heat Pump Market is expected to be driven by government-led initiatives to reduce air pollution caused by the conventional sources of energy used for heating in the residential, commercial, and industrial sectors.

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Some of the top players in the Heat Pump Market include Samsung (South Korea), DENSO CORPORATION (Japan), Midea Group (China), Panasonic Corporation (Japan) and Mitsubishi Electric Corporation (Japan).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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With Homomorphic Encryption 5ireChain will Overcome all Threats

5ireChain is deployed with an encryption algorithm that will outsmart existing threats in classic computing. As a blockchain ecosystem that will host a myriad of sensitive data on-chain, security of the network is given priority. 5ire is using a homomorphic encryption scheme to secure the data in its blockchain network. 

With Homomorphic Encryption, 5ireChain will Overcome all Threats

Among other things, the integrity of a network is based on its ability to secure its perimeters and withstand the threats of the day. 

The security of data flowing through a network can be secured with cryptography, a feature that enables only the receiver to decrypt a message from a sender. This closed loop functionality is widely deployed across different layers of security apparatus in computer networks. Blockchain is not an exception here, it uses cryptography to secure the gigantic pool of data flowing through it.

The most commonly used cryptography involves the encryption of data with a secret key, after which the encoded message and secret key is sent to the receiver. While this serves as a considerable security measure, it still comes with its flaws. In the event that the message is intercepted en route to the receiver, both the secret key and the encoded message falls into the hands of the burglar. 

As with the computing world, the race is unending, protocols are developed and discarded just in time to be ahead of its flaws. Cryptography is known to be not much different. A new model of cryptography is here to change what we all know about encryption.

5ireChain is deployed with this new model of cryptography— Homomorphic encryption. In homomorphic encryption, encrypted messages are processed without decrypting it. This ensures that privacy is ensured as well as security.  

Homomorphic encryption scheme ensures that the result of computation on an encrypted data results in a ciphertext which would be equivalent to the ciphertext of a plaintext obtained through performing the same computation on the unencrypted data. In other words, this encryption model hides a message from an observer without altering the meaning. 

The ability to process a ciphertext of an encrypted message and get a result that will be the same as when processing a plaintext reveals a relationship between a data in its encrypted and decrypted form. A truly secure homomorphic encryption scheme not only performs a computation on an encrypted message but also hides the relationship between the plaintext and ciphertext. 

In industries such as blockchain that hails security without sacrificing privacy, homomorphic encryption will be the trailblazer. 5ireChain is a sustainability driven blockchain ecosystem with vision aligned with the UN 2030 Sustainable Development Agenda. 

In a bid to secure its ecosystem, and overshadow existing security threats, 5ire adopted a safer encryption protocol. 5ire believes it will drive the paradigm shift from the for-profit to the for-benefit initiative while leading the world through the 5th industrial revolution. With a novel consensus protocol and the newest encryption model, 5ire is not only poised to stay faithful to its ambition, but also with the capacity to pull it off. 

Bottom Line

In the midst of all uncertainties of the possibility of a perfectly secured network, what remains certain in the computing world however, is that there is a threat nearby. 5ire eliminates all fears by staying ahead of the game with state-of-the-art security models. With homomorphic encryption, hardware RoT and quantum resistant blockchain infrastructure, 5ireChain will withstand future threats in the computing world. 

By ensuring security on-chain, 5ireChain will provide a secure haven for developers and creators in its ecosystem. More so, in the march towards sustainability, security can be an undermining factor if not properly taken care of. This is why 5ireChain, in the pursuit of a sustainable future, can’t be less secured.

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Offsetting Carbon Footprint with Blockchain

5ireChain is a blockchain ecosystem built for sustainability. In a world where climate change is presenting an unprecedented threat to humanity and other forms of life on earth, there is a need to utilize everything within reach to checkmate a doomsday. Blockchain in synergy with other emerging technologies can be used to filter the environment of carbon footprint and create a framework for a greener future. 

Offsetting Carbon Footprint With Blockchain

Gradually, the world is waking to the grim reality of the impact of burning fossil fuels and leaving a long trail of carbon footprints. The energy derived from these crude fuels has powered industrialization, bringing human civilization to its present state. While industrialization enlarged the global economy, made life easier and underpinned countless societal developments, the side effects of these successes is driving the world to an ugly stalemate. 

Carbon footprint is simply the total amount of greenhouse gases emitted in the course of our daily life. These gases are generated by a number of activities. While the bulk of these gases originate from factories, use of electricity and mining, individual carbon footprint when summated contribute by a large extent to this ugly condition. The resultant effect of these activities is that the world is getting hotter than it should be. 

The world is in urgent need of an alternative source of energy. One that will be sustainable and promises the cleansing of carbon footprints while securing a green future. According to The Nature Conservancy, “the average carbon footprint for a person in the United States is 16 tons…Globally, the average carbon footprint is closer to 4 tons” In other words, “to have the best chance of avoiding a 2℃ rise in global temperatures, the average global carbon footprint per year needs to drop to under 2 tons by 2050.”

In the hunt for a solution, the blockchain technology has been considered to have a far-reaching potential in checking climate change by helping to offset carbon footprints. 

5ireChain, the proprietary blockchain technology behind 5ire, is notable for its vision of sustainability. Developed with a novel consensus protocol that rewards sustainable practices, 5ire is setting the pace for a sustainable future.  

5ireChain’s sustainable PoS consensus has sustainability embedded at its core. With a vision aligned with the UN 2030 agenda of sustainable developments, 5ire is addressing ESG concerns while driving the paradigm shift that will enable sustainability. 

Clean Power

Blockchain technology can facilitate crowd sale of renewable energy through a peer-to-peer energy trading platform. Households can sell their excess electricity to others on demand. This transaction will be executed automatically via smart contracts on-chain. Beyond helping people make extra income with their solar panels, DLT will also drive the transition to renewable energy. For the first time people will be able to sell the sun that hits their roof via an interconnected microgrid with an IoT device that informs a blockchain network of power generation and sales. 

Smart Cities and Homes

Interoperability will facilitate smart cities, interconnecting everything and decentralizing all. Blockchain as well as IoT, AI,virtual reality will all come into play to power these smart cities. Among others, there will be seamless data sharing over a decentralized network making people access information on the go. Different segments of the society will be linked up with the ability to exchange data while improving the quality of life, efficiency of systems and sustainability of the economy. 

E-Governance

In what can be termed as smart governance, blockchain will be pivotal in enabling seamless running of a state. From creating decentralized platforms for registries to remote sharing of data between different ministries in the state. More so, blockchain can be used to build a framework for a citizen identity management system. 

Blockchain as a tool for smart governance will eliminate unnecessary paperwork, facilitate e-voting and improve security. 

Bottom Line

Climate change is a multifaceted challenge that requires a multi-dimensional approach. To be successful in this fight, different arms of the society have a role to play. From policy makers, non-governmental organizations and the technology sector. The resultant synergy is needed to offset the carbon footprint. 

5ireChain is offering its sustainable blockchain architecture in facilitating sustainable development, offsetting the carbon footprint and addressing other ESG concerns.

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Optimizing the Society for a Sustainable Future with 5ireChain

5ire is a blockchain ecosystem that embeds sustainability to its consensus mechanism, in an effort to facilitate an equitable and sustainable society. It achieves this via 5ireChain, a blockchain technology optimized to reward activities that promote sustainability. 

Optimizing the Society for a Sustainable Future with 5ireChain

The quest for sustainability calls for a new business model. The current economy is built on infrastructures which are proving to be unsustainable on the longer haul. The transportation, energy and manufacturing sectors which are the main source of global emissions are built with traditional infrastructure and controlled by a central authority. In this setting, there is no guarantee that the production processes in these sectors are optimized for sustainability and not for profit. 

According to the UN’s Sustainable Development Goal No. 16, creating stronger and more accountable public institutions is crucial. As it states, “SDG 16, one of the ways we can encourage sustainable development is by promoting peaceful and inclusive societies for sustainable development, providing access to justice for all, and building effective, accountable, and inclusive institutions at all levels.”

Sustainable development and the 17 SDGs are critical timelines to continue living the way earth’s inhabitants have. Blockchain technology can help achieve sustainable development in myriads of ways to impact how resources are utilized for development.

Blockchain is a radical innovation that has sustainability potentials and can be exploited to establish a sustainable and equitable economy. This novel technology, when properly deployed, will disrupt every aspect of the economy, from energy and transportation sectors to wildlife and healthcare. 

"Blockchain can contribute to the SDGs in various ways – from providing food vouchers in refugee camps to enhancing property and land registries to improving access to national identification." This is highlighted in a report published by UNCTAD

In line with this, 5ire is creating public-private partnerships with governmental and educational institutions around the world, starting from India and the United States. It has already partnered with the police department in Muzaffarnagar in UP for smart policing and talks with governments across states like Tamil Nadu, Assam, etc in India. Simultaneously, it has formed a partnership with the police department in the State of Nebraska in the United States to leverage 5ire’s blockchain.

With 5ire's proprietary blockchain, 5ireChain, local governments can implement tracking and growth strategies using a system that is built from the ground up with sustainability in mind. Every transaction on 5ireChain is weighted with an eye towards sustainability, with more sustainable transactions gaining a favoured status on the chain.

During a recent interview, the CEO of 5ire, Pratik Gauri, said, “When it comes to sustainability, it is not a one-off thing. You have to regularly engage with the community and provide opportunities and an outlet for the community to get involved, and that is what we are trying to achieve.”

While the world is yet to fully appreciate the potential of this novel technology, 5ire is taking up the challenge to address the current narratives and drive home a paradigm shift. A shift from for-profit to for-benefit processes in manufacturing, governance, education, and other sectors, leading the pace towards a sustainable society. 

With a consensus protocol optimized for sustainability, 5ireChain is programmed to reward activities inclined towards sustainability, hence creating a long-lasting and equitable society.

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DeFi growth continues to record New Highs As Metax CEO Sees massive market opportunity for its newly launched MTX Exchange

While the Q1 of 2022 was a challenging quarter for almost all risk assets, Decentralized Finance (DeFi) remained resilient throughout the volatility. Although Total Value Locked (TVL), which is the nominal value of crypto assets deposited within defined DeFi protocols, shed about one-third of its value at its January low point, the asset class is once again approaching new highs. Metax Holdings Ltd. CEO, Miro Kolesar sat down with us to discuss the macro market and how his company is faring in these boom times.

Metax Group Limited, which is an international financial conglomerate with financial innovation as its mission, has been focusing on technology finance, business expansion, and global digital asset allocation. The CEO quoted “We are committed to providing users with a comprehensive, secure, efficient, and free financial, ecological platform with exchanges, public chains, DAO, DeFi, wallets, quantitative funds, digital asset management, and many other applications.”  

In the modern DeFi space, the Metax CEO has a focus on designing a futuristic distributed financial infrastructure to connect and exchanges value between different blockchain networks in a decentralized manner. Miro Colesar, the CEO, firmly believes that the team can create a financial system that no longer relies on a centralized approach, with multiple types of assets moving freely across different chains.

MTX Exchange, which is the key product offering of the Metax Group in the DeFi space, has at its core of the Group's ecosystem in its vision of entering into the digital assets landscape, with two major licenses in the United States MSB, Cayman Islands. The exchange would generate revenue from contract capital management documentaries, quantitative trading, and joint market capitalization.

The CEO said  “MTX Exchange will work as a digital asset service that supports various settlements between parties and provide direct transactions between people. Institutions or individuals from different countries can buy, sell and exchange other digital currencies or legal currencies (such as US dollars or euros).”  

MTX Exchange features a trading interface like general stock market trading, which has a K-line diagram and technical analysis interface and can also hang trading reservation orders. It is similar to the operation method of the stock market and easy to use. 

The exchange will have multiple features that includes: 

  • Cross border-free transactions  

  • Mainstream currency exchange

  • Invest in Defi financial management


Approaching the future with a robust, trustless and decentralized exchange

In the mission of brining a secure, online, intelligent, and decentralized digital inclusive financial service system to provide convenient, safe and reliable financial services to the global public, the future of MTX Exchange is full of challenges, but Miro Kolesar has full confidence and certainty in the ecosystem. After nearly 30 years of engagement in the financial landscape, he has long understood the operation of the entire ecosystem and system, not to mention that at the time of change, combining finance with the blockchain technology he has researched for a long time.

Miro Kolesar insists on developing scenario-based financial infrastructure with leading technological capabilities, building core competitiveness, and building a complete MTX financial ecosystem. Combined with various financial products around the world to build an MTX trading platform, providing quality assurance for DeFi financial products through intelligent documentary and intelligent capital asset matching, and solving the pain points of retail investors' difficulty in investment and return, so that everyone can enjoy financial services. 

Under the strategic background of diversified development, Miro Kolesar's exploration on innovation of inclusive finance has never stopped. With the team's superior technical capabilities and risk control level, as well as the attraction and control of high-quality targets, Miro Kolesar will continue to integrate the financial ecology into application scenarios with data capabilities and technology cycle, empowers partners and platforms, and builds a new highland of value.

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Towards to the world's first inclusive finance exchange, and the financial map of MTX led by Miro Kolesar is gradually emerging

In the current world, financial institutions are one of the cornerstones of society, but modernization is required to keep pace with challenging and rapidly changing times. Keeping up with and exceeding changing customer demands, changing regulatory requirements, and addressing increasing cybersecurity risks while reducing costs will require a dramatic shift. Over the next 2-3 years, enhancing operational agility and flexibility will be the top priority for banks and financial institutions. By reshaping business models and promoting operational transformation, "extreme digitization" will become the core of future finance.

Decentralized Finance (DeFi) is such a change, an emerging cryptocurrency innovation on the rise that breaks the shackles of banks and borders to create a new Internet-native global financial ecosystem. At present, DeFi has begun to reshape global finance, and projects developed based on this concept such as MakerDAO/DAI, Compound, and 0x have achieved certain success. From stablecoins, decentralized exchanges, wallets to payment networks, loan and insurance platforms, key infrastructure construction, marketplaces and investment institutions, there is no doubt that DeFi has now taken over the DApp ecosystem and has become a new outlet in the blockchain world.

I. Transforming in change, MTX Exchange towards to the world's first

In such a major trend of transforming the global financial industry, MTX exchange, led by Miro Kolesar as CEO, broke through the siege, with the PAMM documentary trading system as the core, combined with decentralized technology, and stood out from many competitors. Possessing two major licenses of American MSB and Cayman Islands, it profits from contract asset management documentary, quantitative trading and joint market value. It has five core advantages: the world's top financial supervision, the world's top quantitative team that brings together the world's elite, the world's leading historical performance income, professional, intelligent and efficient trading PAMM system, and the industry's first fund segregated trust and cheque. MTX Exchange has set the goal of being the first in the world since its establishment.

"Only the top One can survive", Miro Kolesar is well aware that in today's global economic integration, the competition in the financial industry has already been fierce, and those who fail to do their best will be eliminated sooner or later. Therefore, the MTX Exchange focuses on the core of documentary trading. It is supported by the resources and strength of METAX Group, and is ensured by applications such as public chains, DAOs, DeFi, wallets, quantitative funds, and digital asset management in the ecosystem. Miro Kolesar is very confident to build MTX Exchange into the world's first inclusive finance exchange, providing all users with the most diversified financial products and services.

II. Practicing truth in practice, Miro Kolesar never forgets his original intention

Looking at Miro Kolesar from the vision of the MTX Exchange, it is not difficult to know that he is a leader with great pursuit and practical action. Miro Kolesar graduated from Middlebury College, majoring in Financial Management. Before joining the METAX Group, he worked in McKinsey's companies in Europe, North America and Singapore for a long time. He served as the Director of McKinsey in Europe, served as the Deputy General Manager of each branch in the North American market of BNP Paribas, and the Head of BNP Paribas in North America. From 2006 to February 2011, he served as the Chief Operating Officer of North American Financial Holdings. Miro Kolesar is particularly good at building a leading business innovation platform and advanced business model with an international professional team, promoting technology, model innovation and application in the financial field, so as to further deepen the strategic development and implementation of METAX FinTech.

Let more people benefit from finance, rather than making finance a tool for a few people to make money is his lifelong dream. This idea coincides with Andrew Carnegie, the founder of METAX Group. After years of painstaking cooperation between them, MTX Inclusive Finance Exchange is finally born. Inclusive finance is a major event that benefits the people's livelihood and the general public. Traditional financial institutions are a new force in the development of inclusive finance. In the past, due to objective constraints, the development encountered many difficulties. The MTX Exchange can attract users through the documentary trading system, allowing users to benefit from it and enter the METAX financial ecosystem, so that people's lives and finance are inseparable. This is the goal that Miro Kolesar has pursued throughout his life.

III. Inheriting the past and linking the future, Miro Kolesar leads MTX forward

Relying on a contactless, online, intelligent, and decentralized digital inclusive financial service system to provide online, convenient, safe and reliable inclusive financial services to the global public, the future of MTX Exchange is full of challenges, but Miro Kolesar has full confidence and certainty. After nearly 30 years of engagement in the financial field, he has long understood the operation of the entire ecosystem and system, not to mention that at the time of change, combining finance with the blockchain technology he has researched for a long time.

Miro Kolesar insists on developing scenario-based financial business with leading technological capabilities, building core competitiveness, and building a complete MTX financial ecosystem. Combined with various financial products around the world to build an MTX trading platform, providing quality assurance for DeFi financial products through intelligent documentary and intelligent capital asset matching, and solving the pain points of retail investors' difficulty in investment and return, so that everyone can enjoy financial services. So, Miro Kolesar decided to lead the MTX forward.

Under the strategic background of diversified development, Miro Kolesar's exploration on innovation of inclusive finance has never stopped. With the team's superior technical capabilities and risk control level, as well as the attraction and control of high-quality targets, Miro Kolesar will continue to integrate the financial ecology into application scenarios with data capabilities and technology chain, empowers partners and platforms, and builds a new highland of value.

MTX Exchange inclusive finance exchange.

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Plastic Waste Management Market Will Touch USD 42 Billion by 2027 - GMI Research

Plastic Waste Management Market Will Touch USD 42 Billion by 2027 - GMI Research
Plastic Waste Management Market Size
Plastic Waste Management Market is expected to reach USD 42 Billion by 2027, recording a CAGR of 3.5% over the forecast period. Factors such as rapid urbanization, increasing industrialization, economic expansion, and changing lifestyles of people have raised plastic waste generation levels, leading to environmental threats. Thus, the rising need for plastic waste management will propel the industry's growth because of the increasing plastic waste.

Plastic Waste Management Market Dynamics 

Plastic waste management refers to the methods used for reprocessing plastic material instead of dumping it into landfills or left to pollute the environment. The use of plastic generates non-degradable plastic waste, which leads to a huge ecological crisis. Thus, the need for proper management of plastic waste is projected to drive market growth. The prominent factor fuelling the market growth is less use of virgin plastics to produce different products. With the growing concerns about the harmful effects of plastic, the government has enforced several norms to manage plastic waste effectively.

The use of advanced technologies for the reprocessing, arrangement, and an assortment of recyclable plastics has encouraged research and development activities, which is likely to offer new opportunities to the market. Moreover, the accelerating population, rising income levels, and rapid urbanization are some other factors contributing to the market growth. Several public and private forces have joined hands to reduce plastic pollution by promoting waste management.

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However, plastic waste management is a complicated process and needs huge capital investment to operate the tasks of waste collection and disposal. Also, the process demands highly skilled laborers to process the waste. This has increased the operating costs and impacted the profit margins, which hampers the plastic waste management market size.

Polymer Type Segment Analysis

The Polypropylene (PP) segment is anticipated to hold a larger share during the forecast period. Polypropylene is readily available, economical, and can adapt to different fabrication methods making it highly suitable for household and industrial applications. Also, the increasing adoption of this polymer to produce plastic is attributed to its outstanding properties such as chemical and fatigue resistance, high flexural strength, and weldability.

End-Use Application Analysis

The Packaging segment in the plastic waste management market is expected to expand at a higher CAGR, in terms of value, over the forecast period. The rising demand for plastics for the packaging of products to preserve, protect and transport. With the growing concerns among consumers about the harmful effects, the adoption of recycled plastics has increased. Several benefits of recycled wastes, such as less reliance on fossil fuels and reduced pollution, and the increasing demand for packed food across various nations, will drive the plastic waste management market share.

Regional Drivers

The Asia-Pacific region is projected to lead the market over the forecast period on account of increasing industrialization and the imposition of strict norms concerning plastic waste management in countries like China and India. Moreover, as per the plastic waste management market report, the surge in disposable income and the growing prominence of waste management will further fuel the market growth.

Various key players operating in the market include Veolia, SUEZ, Republic Services, Inc., WM Intellectual Property Holdings, L.L.C., Stericycle, Covanta Holding Corporation, Clean Harbors, Inc., Waste Connections, Biffa, and REMONDIS SE & Co. KG, among others.

Key Developments:

In 2019, SUEZ introduced a more advanced packaging sorting facility for lightweight packaging in Germany. This facility is integrated with cutting-edge technology with an annual processing capacity of 100,000 tonnes to optimize the sorting of the waste streams for enhanced waste recovery.

In 2019, Veolia entered into a partnership with Nestle that covers the plastic waste collection, sorting, and recycling. The focus of the companies is on flexible plastic packaging across eleven major counties in Asia, Africa, Latin America, and Europe.   

Plastic Waste Management Market Segmentation:

Plastic Waste Management Market by Service

          • Recycling

          • Collection & Transportation

          • Landfills/Disposal

          • Incineration

Plastic Waste Management Market by Polymer Type

          • Polypropylene (PP)

          • Polyvinyl Chloride (PVC)

          • High-Density Polyethylene (HDPE)

          • Polystyrene (PS)

          • Polyurethane (PUR)

          • Polyethylene Terephthalate (PET)

          • Others

Plastic Waste Management Market by Source

          • Industrial

          • Residential

          • Commercial & Institutional

          • Others

Plastic Waste Management Market by End-Use Application

          • Building & Construction

          • Packaging

          • Automotive

          • Textile & Clothing

          • Furniture

          • Recycled Plastics in Other End-Use Applications

Segmentation by Region:

          • Asia Pacific

                 o China

                 o Japan

                 o India

                 o Rest of APAC

          • North America

                 o United States of America

                 o Canada

          • Europe

                 o United Kingdom

                 o Germany

                 o France

                 o Spain

                 o Rest of Europe

          • RoW

                 o Brazil

                 o South Africa

                 o Saudi Arabia

                 o UAE 

 

Our Other Related Reports:

Plastic Waste Recycling Market Size by Material Type, By End-Use Application, By Method, By Region – Opportunities & Forecast, 2019-2026

Saudi Arabia Plastic Recycling Market by Material Type, By Application – Opportunities & Forecast, 2020-2027

Rigid Recycled Plastics Market, By Type, Polyethylene, Polypropylene, Polyvinyl Chloride, By Recycling Method, By Industry Vertical and By Region – Global Opportunities & Forecast, 2020-2027

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Global Silicon Photonics Market Share Expected 27.4% CAGR Growth, to Reach USD 9.14 Billion by 2030: Polaris Market Research

Global Silicon Photonics Market Share Expected 27.4% CAGR Growth, to Reach USD 9.14 Billion by 2030: Polaris Market Research
According to the research report, the global silicon photonics market share & trends was valued at USD 1.08 billion in 2021 and is expected to reach USD 9.14 Billion by 2030, growing at a CAGR of 27.4% during the forecast period.

According to the research report, the global silicon photonics market share & trends was valued at USD 1.08 billion in 2021 and is expected to reach USD 9.14 Billion by 2030, growing at a CAGR of 27.4% during the forecast period.

What is Silicon Photonics? How Big is Silicon Photonics Market?

  • Overview

 

Silicon photonics is the ingenious study and application of photonic systems for processing, generating, manipulating, and, if not using light for data transmission that is faster both between or within microchips. Silicon is used as an optical medium. Performance is in infrared wavelength, utilized in fiber optic telecommunication systems.

Both Intel and IBM are decidedly investigating silicon photonics for techniques of semiconductor fabrication. These techniques merge both electronic and optical components on microchips. They endeavor to authenticate Moore's law which expresses that the number of transistors on an integrated circuit should double every two years.

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Highlights of the report

  • The market analysis provides substantial qualitative insights on regions exhibiting beneficial insights and growth in niche segments
  • The market analysis provides the market share, supply and demand ratio, supply chain analysis, and details of import and export
  • The report offers a substantial analysis of the prevailing and upcoming market trends and opportunities in the global market
  • A detailed analysis collects essential information on elements that will drive or impede the market growth
  • A sizeable analysis of the industry is carried out by observing the top contenders by backing the essential product located within the framework of the market
  • Silicon photonics market study provides an in-depth qualitative and quantitative analysis of future assessments and prevalent trends and assists in estimating the current market opportunities

 

Top Market Players Are:

  • AIO Core Co. Ltd.
  • Cisco Systems Inc.
  • Finisar Corporation
  • Hamamatsu Photonics K.K
  • IBM Corporation
  • Infinera Corporation.
  • Intel Corporation
  • IPG Photonics Corporation
  • Mellanox Technologies Ltd.
  • Sicoya
  • STMicroelectronics NV

 

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Silicon photonics market: Growth leading factors

The silicon photonics market is anticipated to gain considerable market growth. It allows cost-effective optical devices to be made using caliber semiconductor fabrication techniques consolidated with microelectronic chips. Thus, these photonics are increasingly utilized in data transmission between microchips through optical rays.

Further, cloud computing performance requires data centers, speedily growing internet traffic, and shrinking bandwidth are some of the factors anticipated to push the growth of the silicon photonics market. The progressive application of silicon photonics in autonomous vehicles, biomedical, telecom, and artificial intelligence will also develop the silicon photonics market.

On the production supply front, the worldwide semiconductor shortage conflicted with the covid-19 pandemic and impacted most industries, including photonics. As per AIM Photonics, the global semiconductor shortage has obstructed innovation in integrated photonics to a greater extent.

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Silicon photonics market: Report Scope

Report Attribute

Details

Market Size 2021 Value

USD 1.08 billion

Market Outlook for 2030

USD 9.14 billion

Expected CAGR Growth

27.4% from 2022 - 2030

Base year

2020

Forecast period

2022 - 2030

Segments covered

By Product, By Component, By Waveguide, By Application, By Region.

Key Companies

AIO Core Co. Ltd., Cisco Systems Inc., Finisar Corporation, Hamamatsu Photonics K.K, IBM Corporation, Infinera Corporation., Intel Corporation, IPG Photonics Corporation, Mellanox Technologies Ltd., Sicoya, STMicroelectronics NV

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization Options

Customized purchase options are available to meet your research needs.

 

Silicon photonics market: Key segmentation

  • Insight by product, component, waveguide, application, and region

 

By product, transceivers witness a higher share due to high-performance computing, data center, and telecommunication usage. With the prominent technological advantage in silicon photonics, it is viable to transfer data at 400 Gbps. By component, hybrid silicon lasers observe a significant share in the market because of the light-emitting properties of III-V semiconductor materials connected with the maturity process of silicon to contrive lasers that are electrically driven on a silicon wafer to be amalgamated into other silicon photonic devices. By application, the data center and high-performance computing segment are responsible for holding the most significant share because growing data center traffic and increasing volume of the global network are enhancing this segment's growth.

By region, Asia Pacific seems to witness the speediest growth opportunity for the silicon photonics market because of the deployment of the large number of 5G projects and hostile but beneficial policies by the government to stimulate regional market growth in the upcoming years. Additionally, massive investments in research and development in the telecom industry are expected to charge the growth of the silicon photonics market in the Asia Pacific. The exceptionally growing telecom industry in China, India, and Indonesia is the key demand driver for silicon photonics.

Browse the full “Silicon Photonics Market Share, Size, Trends, Industry Analysis Report, By Product (Transceivers, Variable Optical Attenuators, Switches, Cables, and Sensors), By Component (Lasers, Modulators, and Photo Detectors), By Waveguide, By Application; By Region; Segment Forecast, 2022 - 2030” Report at https://www.polarismarketresearch.com/industry-analysis/silicon-photonics-market

Important Questions Being Answered by The Market Report

  • What is the market size and growth?
  • Which regional market will show the speediest and the highest growth?
  • Which are the top five players in the silicon photonics market?
  • How will the silicon photonics market alter in the upcoming six years?
  • Which application and product will significantly share the silicon photonics market?
  • What are silicon photonics market drivers and restrictions?

 

The market primarily depends on the product, component, waveguide, application, and region

Silicon photonics market: By product

  • Transceivers
  • Variable Optical Attenuators
  • Switches
  • Cables
  • Sensors

 

Silicon photonics market: By component

  • Lasers
  • Modulators
  • Photo Detectors

 

Silicon photonics market: By waveguide

  • 400-1,500 NM
  • 1,310-1,550 NM
  • 900-7000 NM

 

Silicon photonics market: By application

  • Data Centers and High-performance computing
  • Telecommunication
  • Military
  • Defense & Aerospace
  • Medical and Life Science
  • Other Applications

 

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

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Contact Person: Likhil
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