Artificial Intelligence
Precision Aquaculture Market Study 2019-2024: Anticipating a CAGR of 14% During the Forecast Period
Dublin, Jan. 03, 2020 (GLOBE NEWSWIRE) — The “Precision Aquaculture Market by System Type (Smart Feeding Systems, Monitoring & Control Systems, Underwater ROVS), Application (Feeding Management, Monitoring); Offering (Hardware, Software, Services), and Geography – Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The precision aquaculture market is estimated to be worth USD 398 million in 2019 and is projected to reach USD 764 million by 2024; it is expected to grow at a CAGR of 14% from 2019 to 2024.
Major drivers for the precision aquaculture market are rising demand for protein rich aqua food across the world, the rapid adoption of advanced technologies-IoT, artificial intelligence (AI), feeding robots, and underwater remotely operated vehicles (ROVs) on aquaculture farms; increasing investment and rising R&D expenditure in aquaculture technology worldwide; and the growing popularity of land-based recirculating aquaculture systems.
Key players operating in the precision aquaculture market are AKVA Group (Norway), InnovaSea Systems (US), Deep Trekker (Canada), Eruvaka Technology (India), Steinsvik (Norway), Pentair AES (US), Aquabyte (US), Akuakare (Turkey), CPI Equipment (Canada), Lifegard Aquatics (US), Imenco AS (Norway), In-Situ (US), Vemco (US), Observe Technology, JALA Tech (Indonesia), MonitorFish (Germany), Imenco Aquaculture (Norway), Omso Systems (US), and Aqualine AS (Norway). These players adopt various strategies, such as product developments, mergers, partnerships, collaborations, and expansions, to cater to customer demands.
Market for underwater ROVs estimated to grow at highest CAGR during forecast period
The market for underwater ROVs is expected to grow at the highest CAGR from 2019 to 2024 due to substantial cost savings associated with this technology, and the rising number of aquaculture farms in the European and South American regions. Underwater remotely operated vehicles (ROVs) are expected to witness high growth rate in the years to come. Underwater ROVs adoption trend in Western Europe and North America have gained good traction in recent years. Currently, more than 60% of underwater ROVs installed bases come from countries such as the US, Canada, Norway, and Chile.
Market for aquaculture monitoring & survelliance application to grow at highest CAGR during forecast period
The precision aquaculture market for the aquaculture monitoring & survelliance application is expected to grow at the highest CAGR during the forecast period. The high growth in this segment is predominantly driven by the increasing adoption of hardware devices such as sensors, RFID tags & readers, and livestock collars for the early detection of diseases in livestock, management of the herd, and identification and tracking of livestock.
Precision aquaculture market in South America to grow at highest CAGR from 2019 to 2024
The increasing automation of aquaculture farms in countries such as Brazil and Chile is a major factor driving the precision aquaculture market in South America. Increasing demand for protein rich aqua food is mounting pressure on the suppliers of aquaculture products to become more efficient and productive, pushing the sales of aquaculture technology upward. The precision aquaculture market in South America is in its early growth phase and is expected to grow rapidly until 2024.
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Precision Aquaculture Market
4.2 Market in APAC, By System Type
4.3 Market, By Application
4.4 Market, By Offering
4.5 Geographic Analysis of Market
5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing Adoption of IoT, ROVS, and AI in Aquaculture Farms
5.1.1.2 Increasing Investment in Aquaculture Technology and R&D Projects
5.1.1.3 Increasing Middle Class Income and Rising Demand for Protein Rich Aqua Food
5.1.1.4 High Focus on Deployment of Large Scale Offshore Aquaculture Project and Various Government Initiatives
5.1.2 Restraints
5.1.2.1 Large Capital Expenditure (CAPEX) Requirement and High Monitoring Cost of Aquaculture Farm
5.1.2.2 System Complexity and Lack of Skilled Operators
5.1.2.3 Lack of Technological Awareness Among Aquaculture Farmers
5.1.3 Opportunities
5.1.3.1 Increasing Adoption of Aquaculture Monitoring Technology in Developing Countries
5.1.3.2 Increasing Number of Aquaculture Farms and Rise of Aquaculture Production
5.1.3.3 Increasing Popularity of Land Based Recirculating Aquaculture Systems to Offer Substantial Opportunity
5.1.4 Challenges
5.1.4.1 Environmental Concern Due to Extensive Aquaculture Farming
6 Industry Trends
6.1 Value Chain Analysis
6.1.1 Major Market Players in Precision Aquaculture Market
6.2 Industry Trends
6.2.1 Advent of Ai, Ar/Vr, and Blockchain in Aquaculture to Influence Market Expansion
6.2.2 Farm Automation, Rovs, and Feeding Robots to Mitigate Labor Shortage
6.2.3 Increasing Adoption of Robotics Cages and Underwater Drones on Aquaculture Farm
7 Precision Aquaculture Market, By Offering
7.1 Introduction
7.2 Hardware
7.2.1 Monitoring Devices
7.2.1.1 Temperature and Environmental Monitoring Devices
7.2.1.1.1 Increasing Demand for Wireless Sensor Network System for Monitor Aquaculture Farms to Boost the Demand for Monitoring Devices
7.2.1.2 Ph & Dissolved Oxygen Sensors
7.2.1.2.1 Increasing Preference for Monitoring Dissolved Oxygen Content Expected to Boost Deployment of Ph & Dissolved Oxygen Sensors
7.2.1.3 Others
7.2.2 Camera System
7.2.2.1 Increasing Adoption of Smart Hd and 4k Enabled Camera Systems
7.2.3 Others
7.3 Software
7.3.1 On-Cloud
7.3.1.1 Increasing Popularity of Software-As-A-Service (SaaS) Model Due to Ability to Access Data Remotely
7.3.2 On-Premise
7.3.2.1 Lower Cost of Ownership is a Major Factor Associated With Adoption of On-Premise Software
7.4 Services
8 Precision Aquaculture Market, By System Type
8.1 Introduction
8.2 Smart Feeding Systems
8.3 Monitoring & Control Systems
8.4 Underwater Rov Systems
8.5 Others
9 Precision Aquaculture Market, By Application
9.1 Introduction
9.2 Feeding Management
9.3 Monitoring, Control and Survellience
9.4 Others
10 Geographic Analysis
10.1 Introduction
10.2 Americas
10.2.1 North America
10.2.1.1 US
10.2.1.1.1 US Accounted for Largest Share of Precision Aquaculture Market in North America
10.2.1.2 Canada
10.2.1.3 Mexico
10.2.1.3.1 Market in Mexico to Witness Highest CAGR in North America
10.2.2 South America
10.2.2.1 Brazil
10.2.2.2 Chile
10.2.2.3 Rest of South America
10.3 Europe
10.3.1 Norway
10.3.2 Spain
10.3.3 UK
10.3.3.1 Brexit Deal to Impact UK Aquaculture Industry
10.3.4 France
10.3.5 Italy
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 China Accounted for Largest Market Share in Asia Pacific
10.4.2 India
10.4.2.1 India to Witness Highest Growth for Precision Aquaculture Market Between 2019 and 2024
10.4.3 Indonesia
10.4.4 Vietnam
10.4.5 Rest of Asia Pacific
10.5 Rest of World
10.5.1 Africa
10.5.1.1 Weak Exchange Rate in African Countries and Low-Profit Margins are Major Challenges
10.5.2 Middle East
10.5.2.1 Increasing R&D Investments to Boost Adoption of Aquaculture Robots
11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis for the Precision Aquaculture Market, 2018
11.3 Competitive Situation and Trends
11.4 Competitive Leadership Mapping, 2018
11.4.1.1 Visionary Leaders
11.4.1.2 Dynamic Differentiators
11.4.1.3 Innovators
11.4.1.4 Emerging Companies
11.5 Competitive Benchmarking
11.5.1 Strength of Product Portfolio (25 Players)
11.5.2 Business Strategies Excellence (25 Players)
11.6 Recent Developments
11.6.1 New Product Launches
11.6.2 Agreements, Partnerships, and Contracts
11.6.3 Mergers and Acquisitions
12 Company Profiles
12.1 Key Players
12.2 AKVA Group
12.3 Innovasea Systems
12.4 Deep Trekker
12.5 Eruvaka Technology
12.6 Steinsvik
12.7 Pentair AES (Subsidiary of Pentair L.P.)
12.8 Aquabyte
12.9 Akuakare
12.10 CPI Equipment
12.11 Lifegard Aquatics
12.12 Other Players
12.12.1 Imenco AS
12.12.2 Optimar
12.12.3 In-Situ, Inc.
12.12.4 Vemco
12.13 Key Innovators
12.13.1 Observe Technology
12.13.2 JALA Tech Pte
12.13.3 MonitorFish
12.13.4 Imenco Aquaculture
12.13.5 Osmo Systems
12.13.6 Aqualine AS
12.13.7 Sensorex
12.14 Right-To-Win
For more information about this report visit https://www.researchandmarkets.com/r/6n4wht
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Artificial Intelligence
Digital China’s Guo Wei Shares ‘China’s Sample’ of Global Digital Innovation with London Business School
LONDON, May 22, 2024 /PRNewswire/ — On May 21st, at the invitation of London Business School (LBS), Guo Wei, Chairman of Digital China, participated in the esteemed “Managing the Digital Organization” lecture, engaging with a cohort of prospective business leaders. Focusing on the trending topics of ‘Artificial Intelligence’ and ‘Digital Transformation’, he imparted the digital philosophy and practices of Chinese enterprises amidst the digital civilization era.
Digital China, a prominent player in China’s digital economy, has harnessed over two decades of deep involvement in the nation’s information industry to embrace the power of digitization. This has culminated in what Guo Wei refers to as ‘China’s Vibrant Blueprint for Digital Transformation’, carving a distinctive path of digital metamorphosis. Notably, Digital China’s transformation narrative has been incorporated into LBS’s esteemed case library, underscoring its significance as a teaching instrument.
In his lecture, Guo Wei emphasized that the digital economy now constitutes the backbone of supply, with digital technology emerging as the paramount catalyst for economic expansion. The hastening pace of global digitization propels us into an epoch of digital civilization. For multinational corporations, digital strategies have escalated to the status of corporate strategy, and the amassing of data assets constitutes the pivotal lever for business innovation. Amidst this evolution, AI-fueled digital-cloud integration signifies a disruptive technological innovation, poised to invigorate the global landscape. Digital China feels honored to reprise its role in elite international business school case repositories, thereby contributing insights to academia. This recognition signifies that Chinese enterprises’ digital and AI acumen resonates globally, exemplifying world-class practices.
Professor Julian Birkinshaw, Vice Dean and Professor of Strategy and Entrepreneurship at LBS, remarked, “As a global institution, we constantly seek out exemplary cases worldwide. Digital China was chosen not solely due to its prominence in China but also its sophisticated implementation of digital technologies, demonstrating adaptability and offering invaluable insights to our students about the contemporary business milieu. The story of Digital China encapsulates Mr. Guo Wei’s philosophy – digitization transcends being a mere process; it embodies the existential rationale for companies. This philosophy underpins our decision to feature Digital China in our case studies.”
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Artificial Intelligence
Saviynt Appoints James Ross as RVP-ANZ to Strategically Accelerate Growth in the Australia and New Zealand Region
LOS ANGELES, May 22, 2024 /PRNewswire/ — Saviynt, a leading provider of cloud-native identity and governance platform solutions, today announced the appointment of James Ross as RVP-ANZ as the company has seen rapid growth in the Australia and New Zealand (ANZ) region, with double digit growth year over year.
Saviynt has solidified its position as a key player in the cloud identity security landscape with its Identity Cloud. The company’s continued focus on innovation and client satisfaction has contributed significantly to building a safer Australia with prominent customers across the energy and utilities, finance, retail, energy, and transport and logistics sectors.
“James’ appointment as the Regional Vice President (RVP) for ANZ marks a strategic move to accelerate growth and solidify market presence in the region,” said Dan Mountstephen, SVP APAC at Saviynt. “With a proven track record of dynamic leadership at Collibra, ForgeRock, and CA Technologies, James brings a wealth of experience and expertise to the role. His visionary approach and collaborative spirit are poised to inspire and mobilize teams toward ambitious targets.”
Saviynt has consistently expanded its client base and deepened its relationships with existing customers through customized solutions and unparalleled support, cementing its reputation as a trusted partner in the region’s cybersecurity ecosystem. As RVP ANZ, Ross is set to foster key partnerships and implement agile strategies to propel the company towards new heights of success in the dynamic ANZ market.
“Joining Saviynt excites me because it’s an opportunity to help more organizations simplify their identity ecosystem in order to drive efficiencies and improved security posture. I am committed to leveraging Saviynt’s cutting-edge solutions to continue to broaden our partnerships in the region to improve our accessibility for customers, strengthen our regional delivery, whilst continuing to provide a great customer experience,” said Ross.
To learn more about Saviynt, please visit our website.
About Saviynt
Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt’s cutting-edge solutions have been recognized as industry leaders. For more information, please visit www.saviynt.com.
Press Contact
Jacklyn [email protected]
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Artificial Intelligence
Appdome Sweeps Cybersecurity Excellence Awards
Unified Mobile Defense Platform Recognized for Innovation and Leadership Across Nine Cybersecurity Categories
REDWOOD CITY, Calif., May 21, 2024 /PRNewswire/ — Appdome, the mobile app economy’s one-stop shop for mobile defense, today announced it has received a total of nine (9) Cybersecurity Excellence Awards. The Appdome Unified Mobile App Defense Platform was awarded best in class across nine categories in recognition of the comprehensive breadth, depth and value of the Appdome platform to brands and enterprises alike.
“We congratulate Appdome on being recognized as an award winner in 9 categories of the 2024 Cybersecurity Excellence Awards,” said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 600,000-member Information Security Community on LinkedIn, which organizes the 9th annual Cybersecurity Excellence Awards. “With over 600 entries across more than 300 categories, the awards are highly competitive. Appdome’s achievement reflects outstanding commitment to the core principles of excellence, innovation, and leadership in cybersecurity.”
Within a single pane of glass, Appdome delivers the most complete set of no-code, no-SDK, fully automated mobile defenses to mobile brands and enterprises, empowering mobile developers, cybersecurity, fraud and IT teams to deliver on any mobile cyber objective quickly and easily.
The nine (9) categories in which Appdome received a Cybersecurity Excellence Award are:
Mobile Security Platform: Appdome is the only enterprise-grade mobile security platform built for full mobile defense lifecycle management, visibility and control to brands and enterprises alike, including key features for build, test, release, monitor, response, and compliance automation. Mobile Security Automation: Appdome is the only mobile defense solution that uses machine learning to code and build over 300+ mobile app security, anti-fraud, anti-cheat, anti-malware, anti-bot, geo-compliance and other defenses in Android & iOS apps in the DevOps pipeline.Mobile Social Engineering Defense: The Appdome Social Engineering Prevention solution is the first of its kind to protect mobile users from voice phishing (Vishing) scams and other imposter scams, T.O.A.D. attacks, Remote Access Trojans (RATs), Gold Pickaxe, FaceID bypass and more without an SDK or external servers.Mobile Bot Defense: The Appdome MOBILEBot™ Defense solution is the first mobile anti-bot solution to come out of the box compatible with any industry standard web application firewall (WAF) on the market and provide multi-layered bot, credential stuffing and Account Take Over (ATO) defense without an SDK, external server, performance limits, or restrictions.Mobile Geo Compliance: Only the Appdome Mobile Geo-Compliance solution guarantees accurate and authentic geo location of mobile devices, applications and users without code or coding in the mobile app, without implementing an SDK and without deploying additional servers.Mobile XDR: The Appdome ThreatScope™ Mobile XDR solution is the only mobile attack and threat monitoring service that comes pre-packaged into the mobile defense lifecycle, requires no device agent, device profile, separate code, coding, SDK or server, and provides real-time detection and automated response across internal (employee facing) and external (consumer facing) Android & iOS apps.DevOps Mobile Security Tool: The Appdome platform’s fully integrated Security Release Management™ capabilities and Appdome Certified Secure™ mobile DevSecOps certification offer the only true enterprise-grade compliance assurance, audit and control for mobile defense at brands and enterprises, allowing quick verification that all security, anti-fraud and compliance objectives have been met. Mobile Application Security: With 300+ separate defenses for mobile apps, Appdome has the most comprehensive set of mobile application security features available in one product, fully compatible with all mobile Android & iOS apps.”Nine Cybersecurity Excellence Awards for Mobile Defense tells a very compelling story for the incredibly complex Dev, Sec, and Ops challenges organizations face detecting and defeating mobile-based risks and attacks,” said Chris Roeckl, Chief Product Officer at Appdome. “Point products make these challenges worse by adding complexity and overloading already taxed cyber and engineering teams. Appdome is the only platform simplifying work, bringing all these unique challenges under a single pane of glass, delivering 300+ protections and simultaneously resolving the security, fraud, resilience and compliance challenges brands and enterprises face.”
Learn more about the award-winning Appdome Platform at www.appdome.com or request a personalized demo at https://www.appdome.com/request-a-demo/appdome-home/
The full list of awards are available from the Cybersecurity Excellence Awards website https://cybersecurity-excellence-awards.com/
About AppdomeThe Appdome mission is to protect every mobile app and mobile user in the world. Appdome provides the mobile industry’s only Unified Mobile App Defense platform, powered by a patented mobile coding engine, Threat-Events™ Threat-Aware UX/UI Control, and ThreatScope™ Mobile XDR. Using Appdome, mobile brands eliminate complexity, ship faster and save money by delivering 300+ Certified Secure™ mobile app security, anti-malware, anti-fraud, mobile anti-bot, anti-cheat, geo compliance, MiTM attack prevention, code obfuscation, social engineering and other protections in Android and iOS apps with ease, inside the mobile DevOps and CI/CD pipeline. Leading financial, healthcare, government and m-commerce brands use Appdome to protect Android and iOS apps, mobile customers and mobile businesses globally. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending.
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