Qatar Energy Management market at a significant rate during 2020-25

Government focus towards diminishing carbon footprint and rising demand for energy-efficient solutions are few of the key demand drivers for Qatar Energy management market

The rising inclination toward the smart meters, boom in the green building construction and necessity for efficient utilization of energy is projected to augment the market growth of Qatar Energy Management market at a significant rate during 2020-25. Moreover, the surging demand for home & building energy systems along with stringent government regulations to diminish carbon footprint and increase in the demand for electricity are anticipated to strongly catalyse the growth of Qatar Energy Management market in the forecast period.

Based on service, building energy management segment is expected to capture a significant market share in the Qatar Energy Management market in the forecast period owing to a drop in functioning charges, which is leading to rising demand for energy-efficient solutions from verticals such as office spaces and residences. Moreover, the significant emphasis concerning analyzing and checking load fluctuation to monitor real-time consumption, along with rapid metropolitan infrastructural development in the country due to FIFA 2022 are key factors expected to lead to the growth of building energy management services in Qatar Energy Management market in the forecast period.

Moreover, industrial energy management is also projected to grow at a swift pace in the coming years on an account of ongoing technological innovations and an increase in the energy inducement programs for industrial sector across the country.

Based on component, hardware segment accounted the substantial market share in Qatar Energy Management market in 2019 on an account to burgeoning adoption of building automation devices. Moreover, the escalating demand for efficient operating building systems and decrease in operating expenses is anticipated to strongly contribute toward the market growth of Qatar Energy Management market during 2020-25.

The Qatar Energy Management market is fragmented and the key players in the industry include EMCOR, Qatar facility management, Cosmo FM services, Teyseer Building Materials & Transport Co. W.L.L., Conserve, acciona, AKTOR FM Services, and Mosanada FM services

China and India are amongst the fastest growing market in the Asia-Pacific Home Security market

An exponential rise in the Asia-Pacific Home Security market is anticipated during 2020-25 on an account of the rising adoption home security and safety systems in the countries such as India and China, coupled with extensive construction activities. The rising rate of theft & robbery, technological advancement in the home security such as integration of cloud service along with rapid urbanization, and increase in disposable income is encouraging the consumers to invest more in the high-end home security products and solutions. Thus, these factors are projected to strongly drive the demand for home security in the forecast period.

Apartments and Condominiums segment is estimated to capture a majority market share in the Asia-Pacific Home Security market in the forthcoming years owing to the boost in the degree of construction of apartments in the APAC countries, which has augmented the demand for intruder alarms, video surveillance, and fire detection systems. Moreover, the essential concern of people toward security along with the accessibility of do-it-yourself (DIY) home security solutions are also proliferating the demand for home security systems in the region.

China and India acquired a significant market share in the Asia-Pacific Home Security market in 2019 due to soaring crime rates and escalating number of infrastructure expansion activities. Moreover, the rising demand for home security systems, assistance from government bodies and introduction of new companies providing services and up-gradation in the technology of home security systems are anticipated to boost the market growth of Asia-Pacific Home Security market during 2020-25.

The Asia-Pacific Home Security market is fragmented and the key players in the industry include ABB Ltd., ADT, Allegion, Assa Abloy, Comcast, Control4, Front Point, Godrej & Boyce, Hangzhou Hikvision Digital Technology, Honeywell International Inc., Johnson Controls Inc, Legrand, Nortek Security & Control, Robert Bosch GmbH, Schneider Electric SE, Secom, Stanley Convergent Security Solutions, United Technologies, Vivint etc. The deployment of advanced technology in the home security systems to provide better ease of use to customers is projected to augment the market share of the companies in the market.

Southeast Asia Third Party Logistics Market Analysis, 2020

The growth of Southeast Asia third party logistics market is attributed to the development in manufacturing, automotive, e-commerce, and other industries as these sectors involve transportation, warehouse, packaging & labelling, inventory management, freight forwarding, etc.,. along with facilitating these services and on-time delivery of goods and services. Moreover, the increasing demand to lessen overall operational cost and surge the focus on providing timely delivery is anticipated to positively impact the growth of Southeast Asia third party logistics market in the forthcoming period.

Indonesia and Thailand captured a significant market share in Southeast Asia third party logistics market in 2019. This is attributed to the increasing focus of manufacturing companies on reducing assets and emphasize on core business. In addition, strong economic growth and rising industrialization has led to the growth in consumption of fast-moving consumer goods, automobiles, household items, etc. Hence, it has boosted the retail sales thereby strongly contributing to the growth of third party logistics market in Indonesia and Thailand.

The key players present in the Southeast Asia third party logistics market include Deutsche Post AG, Nippon Express Co., Ltd., C.H. Robinson Worldwide, Inc., Kuehne + Nagel International AG, XPO Logistics, Inc., DB Schenker, etc. The companies are increasingly taking initiatives to gain a competitive edge in the industry. For instance, In 2018, DHL Parcel and DHL eCommerce started providing a solution to the online retailers to fulfil their e-commerce requirements with a global fulfilment platform and new fulfilment centres in the UK, Americas and Southeast Asia.

Escalating IoT Adoption is Creating an Opportunity for the Growth of Software as a Medical Device Market During 2020-25

The adoption of computer software in healthcare has propelled magnificently in the past years to detect diseases or treat patients. Software as a Medical Device (SaMD) experienced a momentous rate of growth in the past and is expected to have it in the near future on account of burgeoning acceptance of IoT in healthcare to assist the professionals with diagnosis, perennial government support and constant advancement in the technology such as adoption of (Artificial Intelligence). Moreover, the rising number of chronic and other diseases, increasing geriatric population and ongoing R&D in this field is further projected to promulgate the market of SaMD through 2025

“Global Software as a Medical Device Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Software as a Medical Device providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.    

According to MarkNtel Advisors’ research report “Global Software as a Medical Device Market Analysis, 2020”, the market size of Software as a Medical Devices in Global is anticipated to grow at a CAGR of around 23% during 2020-25. Based on Deployment Mode, wearable devices hold the considerable market share in the software as a medical device market in the forthcoming period on account of mushrooming usage of wearable device for keep a track on real-time patient health through continual monitoring the patient physiological activities such as blood pressure, body temperature, and respiratory and pulse rates etc.

Moreover, PC/laptops and Smartphones/Tablets is anticipated to experience an exponential growth in the coming years due to their gradual developments in the smartphone/ tablets and laptop designs which eases the incorporation of smart sensors which transform the compatibility between these devices and the SaMD.

North America Registered the highest share in the Software as a Medical Device market

North America accounted the largest market in the Software as a Medical Device market in 2019. Snowballing chronic disease such as heart disease, cancer, and diabetes, galvanizing use of smart health monitoring devices, and increasing government support to reduce the healthcare cost and improvise the quality care in the country are some of the factors catalysing the market growth of SaMD in the region.

According to the Centre for Disease Control and Prevention (CDCP), 6 in 10 adults are suffering from chronic disease in United States with 4 in 10 adults suffer with 2 or more chronic diseases. Along with this, as per Cancer Treatment and Survivorship Statistics, 2019, 16.9 million Americans have a history of cancer in 2019 and is anticipated to reach more than 22.1 million by 2030. Thus, this is attributed to surge the software as a medical device market in the forthcoming timeline as revealed by the MarkNtel Advisors’ research report “Global Software as a Medical Device Market Analysis, 2020”.  

According to MarkNtel Advisors’, the key players with a considerable market share in the Global Software as a Medical Device market include Velentium LLC, Tietronix Software Inc., S3 Connected Health, Zühlke Group, Science Group, Inzentiz, Cambridge Consultants Inc, BrightInsight, Inc., CompliancePath, Jabil Inc., Phillips-Medisize, Pro4People Sp. Z.o.o.

Key questions answered in the study

1. What are the current and future trends of the Software as a Medical Device industry? 
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Software as a Medical Device industry?
5. What are the customers orientation, purchase behavior, and expectations from the Software as a Medical Device firms across various regions?