Tuesday, September 20, 2022

Top 5 Reasons to Invest in Augmented Reality and Virtual Reality Chips Market

 

Top 5 Reasons to Invest in Augmented Reality and Virtual Reality Chips Market

Augmented Reality and Virtual Reality Chips are semiconductor ICs that are used in electronic devices such as head-mounted displays, gaming systems and mobile phones to generate realistic images, videos and other sensations that replicate a user's physical presence in a virtual or imaginary environment. These chips are also used in medical applications for training surgeons and providing them with real-time information during procedures.

The Augmented Reality (AR) & Virtual Reality (VR) chips market size was USD 2.78 Billion in 2021 and is expected to register a revenue CAGR of 24.5% during the forecast period, according to the latest analysis by Emergen Research.  The major drivers for this market are the increasing demand for AR/VR devices from the gaming and entertainment industry, and the growing adoption of AR/VR technology in the healthcare sector. However, the high cost of AR/VR devices and the lack of standardization are restraining the growth of this market.

With the increasing demand for advanced gaming and other entertainment applications, the augmented reality and virtual reality chips market is expected to grow significantly in the coming years. These chips are used in a variety of devices such as smartphones, head-mounted displays, gaming consoles, and others. The rising popularity of immersive gaming and other entertainment experiences is one of the key factors driving the growth of the augmented reality and virtual reality chips market.

Here are the top five reasons why you should invest in the Augmented Reality and Virtual Reality Chips market:

1. Increasing adoption of AR and VR technology in gaming and entertainment industry

2. Proliferation of smart devices equipped with AR and VR technology

3. Advancements in AR and VR technology

4. Growing demand for immersive experiences

5. Favourable government initiatives to promote the use of AR and VR technology

1. Increasing adoption of AR and VR technology in gaming and entertainment industry: The gaming and entertainment industry is one of the key end-users of AR and VR technology. The increasing adoption of AR and VR technology in this industry is fuelling the growth of the Augmented Reality and Virtual Reality Chips market. Also, the growing popularity of e-sports is expected to drive the demand for AR and VR chips in the gaming industry.

2. Proliferation of smart devices equipped with AR and VR technology: There has been a surge in the number of smart devices equipped with AR and VR technology in recent years. This is one of the key factors driving the growth of the Augmented Reality and Virtual Reality Chips market. Also, the increasing penetration of AR and VR technology in various end-use industries such as healthcare, automotive, and retail is expected to fuel the demand for AR and VR chips.

3. Advancements in AR and VR technology: The AR and VR technology is evolving at a rapid pace, with new advancements being made in terms of hardware and software. This is one of the key factors driving the growth of the Augmented Reality and Virtual Reality Chips market. Also, the increasing investments by key players in the development of AR and VR technology is expected to fuel the market growth.

4. Growing demand for immersive experiences: There is a growing demand for immersive experiences is one of the key drivers for the growth of the Augmented Reality and Virtual Reality Chips market. Also, the increasing adoption of AR and VR technology in various end-use industries such as healthcare, automotive, and retail is expected to drive the demand for AR and VR chips.

5. Favourable government initiatives to promote the use of AR and VR technology: There has been a surge in government initiatives to promote the use of AR and VR technology. This is one of the key factors driving the growth of the Augmented Reality and Virtual Reality Chips market. Also, the increasing investments by key players in the development of AR and VR technology is expected to fuel the market growth.

In Conclusion

We have yet to see the full potential of augmented and virtual reality. However, the technology is progressing quickly, and it seems likely that these devices will eventually become a staple in our everyday lives. For now, though, we'll just have to content ourselves with playing a few fun games or watching some videos in VR. But who knows? In a few years, we might all be using AR and VR to do our work, shop, or even socialize. So far, the only limit is our imagination.

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Top 5 Reasons to Invest in Hybrid Cloud Market

 

Top 5 Reasons to Invest in Hybrid Cloud Market

Hybrid Cloud is a cloud computing environment that uses a mix of on-premises, private cloud and public cloud services with orchestration and integration between them. A hybrid cloud allows an organization to more easily shift workloads between on premises and public clouds to meet changing business requirements. It also enables organizations to use the best features of both deployment models while still maintaining control over their data and applications.

The global hybrid cloud market size reached USD 71.23 Billion in 2021 and is expected to register a revenue CAGR of 18.4% during the forecast period, according to the latest analysis by Emergen Research.. The major drivers of the hybrid cloud market include the need for cost-effective and flexible IT infrastructure, increasing focus on data security and privacy, and the need for high scalability. However, the hybrid cloud market faces certain restraints such as the lack of skilled personnel and apprehensions about data security.

Here are the top 5 reasons why you should invest in this growing market:

1. Increased agility and flexibility: A hybrid cloud environment provides organizations with the ability to be more agile and flexible in their IT operations. They can quickly scale up or down their IT infrastructure as needed, without having to invest in new hardware or software.

2. Improved disaster recovery: A hybrid cloud environment can help improve an organization's disaster recovery capabilities. By storing data and applications in both on-premises and cloud-based systems, organizations can ensure that their critical data and applications are always available, even in the event of a major outage.

3. Greater security and compliance: A hybrid cloud environment can offer greater security and compliance than a traditional on-premises IT infrastructure. By storing data and applications in both on-premises and cloud-based systems, organizations can better protect their data from security threats.

4. Lower costs: A hybrid cloud environment can help organizations save money on their IT costs. By using a mix of on-premises and cloud-based resources, organizations can avoid the need to invest in new hardware or software. Additionally, they can take advantage of economies of scale by using the same infrastructure and resources across multiple locations.

5. Increased business continuity: A hybrid cloud environment can help organizations ensure business continuity in the event of an IT outage. By storing data and applications in both on-premises and cloud-based systems, organizations can keep their businesses running even if one system goes down.

In Conclusion

The hybrid cloud offers many benefits, including increased agility and flexibility, improved disaster recovery, greater security and compliance, lower costs, and increased business continuity. When considering an investment in the hybrid cloud market, these are just some of the reasons to keep in mind.

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Tuesday, August 9, 2022

What is Femtech and Why You Need to Get into the Femtech Industry Now!

 

What is Femtech and Why You Need to Get into the Femtech Industry Now!

Femtech is short for female technology, and it refers to any type of technology that is designed to improve the health and wellbeing of women. This can include everything from fertility tracking apps to period tracking apps and even breast pumps.

Demand from the Femtech industry is growing globally as women are increasingly taking control of their health and wellbeing. The industry is expected to be worth $60 billion by 2027 according to a report by Emergen Research.

The femtech industry has seen a lot of growth in recent years, thanks in part to the rise of digital health and the increasing focus on women’s health. And it’s not just startups that are getting involved; big tech companies like Apple and Google are also making moves into the femtech space.

According to a report by the World Health Organization (WHO), around 830 women died every day from preventable causes related to pregnancy and childbirth in 2017. Maternal mortality is one of the key indicators of the health status of women. The high maternal mortality rate is a major concern for policy-makers and healthcare providers across the globe.

According to the Centers for Disease Control and Prevention (CDC), around 700 women in the US die from pregnancy-related complications every year. This is one of the key factors driving the growth of the femtech market in North America.

The lack of awareness about femtech products and solutions is a key challenge faced by players operating in the femtech market. The lack of awareness is especially a challenge for players operating in developing countries.

Athena Feminine Technologies, Sustain Natural, Sera Prognostics, HeraMED, iSono Health, Totohealth, Minerva, Nuvo, Elvie, and BioWink are a few of the major participants.



There are a number of factors driving the growth of the femtech industry, including:

• An increasing focus on women’s health: Women are increasingly taking control of their own health and wellbeing, and they’re demanding products and services that cater to their specific needs.

• The rise of digital health: Technology is playing an increasingly important role in healthcare, and femtech is benefiting from this trend.

• The growth of the wellness industry: Wellness is a booming industry, and femtech products are well-positioned to tap into this market.

• The increasing prevalence of chronic conditions: Conditions like endometriosis and PCOS are becoming more common, and femtech products can help women manage these conditions.

If you’re looking to enter the femtech space, there are a few things you should keep in mind.

First, it’s important to have a deep understanding of the needs of your target market. What problems are they trying to solve? What do they need help with?

Second, it’s important to have a strong understanding of the latest trends in digital health. What technologies are being used? What’s new and exciting?

And finally, it’s important to partner with the right people. Look for companies that share your vision and that have the resources to help you succeed.

The femtech industry is growing rapidly, and there’s a lot of opportunity for startups to make an impact. If you have a great idea and the right team in place, you could be well on your way to success.

Femtech Market Key Factor Driving Growth:

The increase in the number of awareness programs and initiatives by government organizations and non-profit organizations is a key factor driving the growth of this segment.

For instance, in May 2019, Merck KGaA launched an initiative named “Empowering the Future of Women’s Health” in collaboration with Nestlé Health Science and Pfizer Inc. This initiative is aimed at improving the lives of women by addressing the most pressing issues in women’s health.

The increase in the number of mergers and acquisitions is a key trend observed in the femtech market.

For instance, in October 2018, Procter & Gamble (P&G) acquired First Response, a provider of fertility and pregnancy tests. This acquisition will help P&G to expand its product portfolio in the femtech market.

The increase in venture capital funding is also a key trend observed in the femtech market.

For instance, in September 2018, Elvie raised $42 million in Series B funding led by Octopus Ventures. This funding will help the company to expand its product portfolio and business operations.

The increase in the number of partnerships and collaborations is also a key trend observed in the femtech market.

For instance, in March 2019, Ovia Health, a provider of fertility and pregnancy solutions, entered into a partnership with Cigna Corporation, a leading health insurance company. Under this partnership, Cigna’s customers will have access to Ovia Health’s products and services.

In conclusion, the femtech market is growing rapidly and presents a great opportunity for businesses to provide products and services that appeal to women. There are many different subcategories within the femtech industry, each with its own unique needs and requirements. Businesses that can identify these needs and target their products accordingly will be well-positioned to succeed in this rapidly growing market.

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Wednesday, August 3, 2022

Metaverse: What You Need To Know About the Next Big Thing

 

metaverse: what you need to know about the next big thing

Metaverse is a user-generated virtual world launched in early 2020. It is one of the first fully decentralized virtual worlds, and allows users to create, explore, and monetize their own content and creations. Metaverse has its own internal currency, called "MTV", which can be used to purchase in-game items, goods, and services. There is no one company or organization that is responsible for the development of the Metaverse. Instead, it is being built by a variety of companies and organizations, including Linden Lab (the creators of Second Life), Google, Microsoft, and Facebook.

Metaverse is still in its early stages, but is already home to a growing community of creators and explorers. The world is constantly expanding as new users add their own creations and experiences. Metaverse is open to all, and anyone can contribute to its growth and development.

As Metaverse continues to grow, it will become an increasingly important platform for creators and entrepreneurs. Already, a number of businesses have been launched in Metaverse, including virtual reality experiences, games, and social media platforms. With its growing user base and expansive virtual world, Metaverse is poised to become one of the most important virtual platforms in the years to come.

According to a study published by the University of Washington, the Metaverse will likely be a 3D online world in which users can interact with each other and with digital objects in a realistic way. This would be similar to the virtual world of Second Life, but on a much larger scale. The Metaverse would be accessible through a variety of devices, including computers, smartphones, and virtual reality headsets. It would be a shared space where people could meet, socialize, and do business.

Revenue growth of the metaverse market is expected to continue as more businesses and consumers enter the market and adopt VR/AR technologies. The total revenue for the metaverse market is expected to reach USD 1,607.12 Billion in 2030, up from USD 63.08 Billion in 2021 at a CAGR of 43.3%.

One of the major trends driving the growth of the metaverse market is the increasing adoption of VR/AR technology. The use of VR/AR technology is growing at a rapid pace in various industries such as healthcare, retail, automotive, and aerospace. The adoption of VR/AR technology in these industries is expected to drive the growth of the metaverse market.

The growing demand for 3D content is another trend driving the growth of the metaverse market. The demand for 3D content is increasing due to the growing popularity of 3D movies and video games. The increasing demand for 3D content is expected to drive the growth of the metaverse market.

The increasing investment by major companies in the development of the metaverse is another trend driving the growth of the metaverse market. Major companies are investing heavily in the development of the metaverse to gain a competitive advantage in the market. The increasing investment by major companies is expected to drive the growth of the metaverse market.

Some major companies in the global metaverse market report include Facebook, Inc., Tencent Holdings Ltd., ByteDance Ltd., NetEase, Inc., Nvidia Corporation, Epic Games, Inc., Roblox Corporation, Unity Technologies, Inc., Lilith Games, and Nextech AR Solutions Corp.

Wednesday, May 4, 2022

Immunocytokines | Potentially Aid in Treatment of Glioblastoma

 

Immunocytokines Market Size Worth USD 4,078.5 Million in 2028

Immunocytokines are fusion proteins comprising a cytokine fused with a monoclonal antibody and are being viewed as a new class of biopharmaceuticals with great potential for cancer treatment. Immunocytokines aid in targeting specific tumors and generate immune responses to kill the tumor cells. Various antibody formats such as intact IgG and antibody fragments, along with tumor targets such as extracellular matrix components and cell membrane antigens, have been considered for development of immunocytokines. These pharmacologically active molecules have demonstrated lower toxicity and higher efficacy compared to several conventional cytokine-based therapies. Currently, immunocytokines are being studied for the treatment of various diseases besides cancer, such as chronic inflammatory diseases and autoimmune disorders.  

According to a study published in Science Translational Medicine in October 2020, a new immunocytokine-based therapy could potentially aid in treatment of glioblastoma, one of the most aggressive types of cancer affecting the brain or spinal cord. A group of scientists – led by Dario Neri and Patrick Roth from the Swiss Federal Institute of Technology and University Hospital Zurich, respectively – developed three L19-based immunocytokines, which first demonstrated anti-cancer activity in mouse models, and subsequently, in a human trail. Furthermore, in March 2021, Bright Peak Therapeutics Inc., a leading American biotechnology company developing next-generation cancer immunotherapies, announced its research collaboration with leading Japanese biopharmaceutical company, Ajinomoto Co., Inc. As part of the deal, Bright Peak signed an exclusive license agreement to use Ajinomoto’s proprietary bioconjugation technology, called AJICAP®, to develop Bright Peak Immunocytokines.

Revenue growth of the global immunocytokines market is majorly driven by factors such as rising prevalence of different types of cancer across the globe, growing awareness of early disease diagnosis and treatment among the population, and increasing demand for advanced diagnostics and therapeutics for treatment of cancer, autoimmune disorder, and other life-threatening diseases. According to the World Health Organization (WHO), cancer led to approximately 9.6 million deaths globally in 2018. Market revenue growth is further driven by factors such as increasing R&D activities for monoclonal antibodies, technological advancements in genetic sequencing techniques, and rising focus of various research and academic institutes on development of immunocytokines, particularly IL4, IL10, and TNF immunocytokines.

Wednesday, April 27, 2022

E-Skin Market Growth Driven by Rapid Advances in Material Science and Structural Designs

 

E Skin Market Size Worth USD 34.9 Billion in 2030

Electronic skin, or e skin, refers to a flexible, stretchable, and self-healing electronics that can efficiently mimic functionalities of human or animal skin. Electronic skin has diverse applications in robotics, artificial intelligence, health monitoring technologies, and prosthetics. Development of electronic skin has been a topic of research due to its relevant applications in robotics and in biomedical systems. E-skin basically protects the inner electronic system from damages and convey the mechanical stimulus in a way that is convenient for the sensor arrays. E-skin’s flexible and stretching characteristics facilitate miniaturized semiconductor components such as antennas, light-emitting diodes, compact power sources, and nanoscale drug delivery systems. Over the recent years, tremendous research and development activities have been carried out to develop a synthetic skin with self-healing capabilities similar to natural skin.

E-skin in healthcare sector can be used for prosthetics that can mimic the sense of touch, monitor for life signs, wound care, and in drug delivery. Rapidly aging global population and increasing prevalence of chronic diseases are expected to drive demand for e-skin. E-skin is an ultra-thin, flexible, wearable device that combines data and communication technologies with innovative materials, sensors, and microelectronics. Flexible displays are often integrated into the e-skin to reduce the discomfort associated with wearing bulky external monitoring devices. Over the recent years, many academic and research institutions have invested heavily in developing robust electronic skins. For instance, scientists and researchers at Stanford University of California have developed a very sensitive sensor that can be seamlessly integrated into an e-skin applied to a prosthetic limb. In a similar tandem, scientists from the Korea Institute of Machinery and Materials in South Korea have developed an e-skin for a prosthetic hand that can sense intensity of force, stress, or pressure to help a person recognize shape and texture of an object.

In February 2022, a breakthrough research study was published in the journal Science Robots wherein a team of researchers from Pohang University of Science & Technology (POSTECH) developed an electronic skin that can sense tactility in a way similar to humans. Researchers have developed an artificial sensory receptor that generates spike signals on its own and created an electronic skin that can send signals simultaneously to be analysed in real time. The research study was conducted with backing from Basic Research Laboratory Program and the Brain Convergence Research Program through the National Research Foundation of Korea.

In a research study published in January 2022, a team of Chinese researchers have created a flexible electronic skin that is equipped with sensors, wireless transmitters, and tiny vibrating magnets that offer haptic feedback to users. Attachment of these patches to various parts of the body such as hand, forearm, or knee can enable the system to record movements of the users and transmit them to robotic devices. The research has been published in the journal Science Advances.

Major companies in the e-skin market include Medidata Solutions, Intellisense Technology, Plastic Logic GmbH, Rotex Global, LLC, Smartlifeinc Limited, VivaLNK, Inc., Xenoma Inc., Xsensio, Chrono Therapeutics Inc., and iRhythm Technologies, Inc. In February 2022, deep tech startup, Touchlab raised £3.5 million in seed funding round. Touchlab develops tactile sensing e-skin for robots. Touchlab’s e-skin is thinner than human skin and can easily be retrofitted without reducing the robot’s or gripper’s degrees-of-freedom. Touchlab’s e-skin can withstand a high load, sense direction in 3D and can endure harsh environment such as acid, high and low temperatures, and radioactive environments conferring unique capabilities to the e-skin. 

Thursday, April 21, 2022

Growing Focus on Development of Low Carbon Fuel for Maritime Industry to Fuel Revenue Growth of Green Methanol Market

 

Green Methanol Market

Methanol is one of the most widely produced and used organic chemicals and a crucial raw material for various end-use industries. However, production of methanol by conventional methods releases robust amounts of fossil greenhouse gases. Growing focus on creating a carbon-neutral industrial system has led to the generation of green methanol and is expected to play a significant role in energy transition. Green methanol is a low-carbon fuel that can be produced from biomass gasification or renewable electricity and sequestered carbon dioxide. Green methanol is eco-friendly and can be used as an energy carrier for storing electricity generation from renewable sources. Escalation of climate crisis has created an unprecedented demand for alternative energy fuels and sources. Increasing affordability of renewable energy has enabled production of methanol based on wind and solar power, geothermal energy, or hydropower, which can in turn, significantly reduce greenhouse gas emissions. Green methanol also has the potential to serve as a fuel for maritime fuel applications and can be added to conventional liquid fuels or can be used to fuel 100% methanol-based vehicle systems.

Green methanol production involves biological pathways, thermo-chemical pathways, or electrofuel pathways such as power to gas. Green methanol can play a crucial role in decarbonising both energy and chemical sectors. Use of capture carbon as a feedstock can help reduce the large carbon footprint of chemical industry. Out of the carbon capture and utilisation (CCU)-based chemicals of interest, green methanol has garnered a lot of attention due to its potential role as an energy carrier. Green methanol can be used as a fuel in trucks and ships or converted to olefins to develop molecules of interest.

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Shipping industry has witnessed tremendous pressure from regulators and consumers to minimize greenhouse gas emissions. In recent news, A.P. Moller-Maersk announced it would launch a feeder ship in 2023 that would be running on green methanol. Maersk’s new vessel will be running solely on green methanpl; but the ship will also be able to utilize conventional fuels such as very low sulphur fuel oil and marine gas oil, and even LNG to some extent.

In March 2022, Maersk and Egyptian authorities signed a Memorandum of Understanding (MoU) to explore establishment of large-scale green fuel production in the region to accelerate shift towards zero-emission targets. In the same month, Chinese automotive company, Geely began testing its e-methanol vehicles in the Danish port of Aalborg. The two sedans and heavy truck run on e-methanol that is produced by Power-to-X solution, which is a sustainable, carbon-neutral, renewable fuel.

Key companies in the Green methanol market include Advanced Chemical Technologies, BASF SE, Uniper SE, Fraunhofer GmbH, Enerkem Inc., Innogy SE, Nordic Green ApS, Vertimass LLC, Saudi Basic Industries Corporation, and Södra Skogsägarna. In April 2022, Maersk announced a strategic partnership with five companies including Oiltanking Asia Pacific Pte. Ltd., Kenoil Marine Services Pte Ltd., Air Liquide, PTT Exploration and Production Public Company Limited, and YTL PowerSeraya Pte. Limited. For a “Green Methanol Value Chain Collaboration.” Under the partnership, the six companies will be running feasibility studies by the end of 2022 to develop a green e-methanol pilot plant having a minimum capacity of 50,000 tons per annum. The new plant will be working by converting biogenic carbon dioxide into green e-methanol.   

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