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Large Volume Wearable Injectors Market by Type of Device, Usability, Therapeutic Area, Key Geographical Regions : Industry Trends and Global Forecasts, 2021-2035

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New York, Dec. 10, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Large Volume Wearable Injectors Market by Type of Device, Usability, Therapeutic Area, Key Geographical Regions : Industry Trends and Global Forecasts, 2021-2035” – https://www.reportlinker.com/p06189680/?utm_source=GNW
Within the US, nearly 52% of the adult population is presently living with at least one chronic condition, while 27% of the US adults are suffering from multiple chronic conditions. Further, the financial burden associated with these diseases is currently estimated to be around USD 1 trillion in the US; this is anticipated to increase up to USD 6 trillion by 2050. In the past, the pharmaceutical industry has made significant efforts in integrating novel strategies and innovating patient-centric approaches to treat various chronic conditions. The current treatment options include oral and parenteral administration of the prescribed pharmacological interventions, physical therapies and use of digital therapeutic solutions. Among these, parenteral administration of drugs is the most common method, however, this approach lacks patient convenience because it involves frequent dosing and repeated hospital visits. In addition, it is associated with several other drawbacks and limitations, including dosing errors, risk of microbial contamination and needlestick injuries. These are known to be the primary factors affecting medication adherence and, thereby, have a significant impact on therapeutic outcomes. Over the last few years, the industry has seen the emergence of advanced drug delivery devices, such as wearable injectors, autoinjectors and pen injectors. These are the self-injection devices that have the capability of producing a sustained therapeutic effect, thereby improving patient adherence and efficacy of treatments. Such practices also allow reductions in costs and enable the optimal usage of healthcare resources.

The approval of novel drugs, specifically biologics that have high viscosity and cannot be administered in lower volume, has further led to an increased demand for advanced drug delivery devices. As a result, medical device industry has come up with several large volume wearable injectors suitable for the delivery of such molecules. These innovative injection systems offer numerous dosing options (basal, bolus or continuous), integrated safety mechanisms, along with minimal or no risk of needlestick injuries. In addition, these injectors can be used for the subcutaneous drug delivery and have become a preferred choice for administration of drugs in home-care setting. Moreover, the popularity of these devices have encouraged various pharmaceutical companies and medical device developers to further enhance the features of these devices with artificial intelligence algorithms, integrated mobile applications with smart health monitoring, reminders, connectivity to web-based portals for sharing medical data, visual / audible drug delivery confirmation notifications, automatic drug reconstitution, and error alerts. Given the ongoing innovation in this field, we are led to believe that adoption of such devices is likely to increase at a significant pace, thereby driving the market growth over the coming years.

SCOPE OF THE REPORT
The “Large Volume Wearable Injectors Market by Type of Device (Infusion Pumps and Patch Pumps), Usability (Disposable and Reusable), Therapeutic Area (Cardiovascular Disorders, Infectious Diseases, Neurological Disorders Oncological Disorders and Others), Key Geographical Regions (North America, Europe, Asia-Pacific, Latin America, and Middle East and North Africa): Industry Trends and Global Forecasts, 2021-2035” report features an extensive study of the current market landscape and the likely future evolution of these self-injection devices, over the next fifteen years. It specifically lays emphasis on the emergence of patient-centric, convenient, cost-effective and user-friendly wearable drug delivery solutions that are capable of administering large volumes of a drug subcutaneously, in the home-care setting. In addition to other elements, the report includes:
An overview of the current market landscape of large volume wearable injectors available for the delivery of insulin drugs, non-insulin drugs along with drug device combinations, providing information on their status of development and device specifications, such as type of device (patch pump / injector and infusion pump / injector), route of administration (subcutaneous and others), therapeutic area, type of technology, type of dose administered (basal, bolus and others), mode of injection (needle, needle / cannula and needle / catheter), volume / storage capacity of the device, actuation mechanism (electromechanical, rotary pump, cell / expanded battery, pressurized gas, osmotic pressure and others), usability (disposable and reusable), availability of prefilled drug reservoir, connectivity of device, drug compatibility and drug container. The report also features information on the availability of prefilled insulin cartridges, continuous glucose monitoring / blood glucose monitoring (CGM / BGM) systems, Automated Insulin Delivery (AID) feature, automatic insulin delivery (AID) / artificial pancreas and type of device control features (control within device / personal diabetes manager (PDM) / smartphone) in the insulin delivery devices.

A detailed competitiveness analysis of various large volume wearable injectors based on several relevant parameters, such as supplier power (based on the experience of the developer and company size) and product specifications (type of device, type of dose, storage capacity of the device, usability, route of administration, connectivity and availability of a continuous glucose monitoring / blood glucose monitoring (CGM / BGM) systems (in case of insulin devices).
Elaborate profiles of prominent companies developing large volume wearable injectors; each company profile features a brief overview of the company, its financial information (if available), information on its product portfolio, recent developments and an informed future outlook. Additionally, the report includes tabulated profiles of wearable drug device combination products.
An analysis of the partnerships (since 2015) that have been inked by the stakeholders in this domain, covering acquisitions, product development agreements, product integration agreements, technology integration agreements, distribution and supply agreements, commercialization agreements, clinical trial agreements, licensing agreements, manufacturing agreements, service agreements, and other relevant deals.
A detailed analysis of the acquisition targets, taking into consideration the historical trend of the activity of companies that have acquired other firms since 2000, offering a means for other industry stakeholders to identify potential acquisition targets.
An in-depth analysis of the patents that have been filed / granted for large volume wearable injectors over the last three decades. It highlights trends across the key parameters associated with the patents, including type of patent, issuing authority / patent offices involved, Cooperative Patent Classification (CPC) symbols, emerging areas (in terms of number of patents filed / granted), type of company, leading industry and non-industry players (on the basis of number of patents) and individual patent assignees (in terms of size of intellectual property portfolio).
A list of marketed drugs / therapies and pipeline candidates that are likely to be developed in combination with large volume wearable injectors in the near future, identified on the basis of an in-depth analysis of potential candidates, taking into consideration multiple parameters, such as status of development, dosage, dose concentration, route of administration, type of dose and drug sales (in case of marketed drugs).
A detailed analysis of completed, ongoing and planned clinical trials of various large volume wearable injector products based on several relevant parameters, such as trial registration year, trial phase, trial recruitment status, study design, type of sponsor / collaborator, most active players, key focus area, therapeutic area, geographical distribution by clinical trials, geographical distribution by enrolled patient population and clinical endpoints.
A detailed analysis of various investments (since 2014) made in the companies engaged in this domain through seed financing, venture capital financing, capital raised from IPOs, equity and subsequent offerings, grants and debt financing.
A case study on the role of contract manufacturing organizations in the overall manufacturing process / supply chain of wearable injectors, featuring details on the services provided by contract service providers for the manufacturing of various device components (primary containers), infusion sets, adhesives, closures and injection moldings.
An elaborate discussion on the various guidelines established by major regulatory bodies for medical device approval across North America (the US, Canada and Mexico), Europe (the UK, France, Germany, Italy, Spain and rest of Europe), Asia-Pacific and rest of the world (Australia, Brazil, China, India, Israel, Japan, New Zealand, Singapore, South Africa, South Korea, Taiwan, and Thailand). The report also features an insightful multi-dimensional, heat map analysis, featuring a comparison of the contemporary regulatory and reimbursement scenarios in key geographies across the globe.

One of the key objectives of the report was to estimate the existing market size and potential future growth opportunities for large volume wearable injectors. Based on parameters, such as the number of commercialized devices, number of devices under development, price of the device and the annual adoption rate, we have provided an informed estimate on the likely evolution of the market over the period 2021-2035. The report also features sales forecasts for the overall large volume wearable injectors market with a detailed market segmentation on the [A] type of device (patch pump, injector and infusion pump and injector), [B] usability (reusable and disposable), [C] therapeutic area (cardiovascular disorders, infectious diseases, neurological disorders, oncological disorders and others) and [D] key geographies (North America, Europe, Asia Pacific, Latin America, and Middle East and North Africa). In order to account for future uncertainties and to add robustness to our model, we have provided three market forecast scenarios namely the conservative, base and optimistic scenarios, which represent different tracks of the industry’s evolution.

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The research, analysis and insights presented in this report are backed by a deep understanding of key insights gathered from both secondary and primary research. The opinions and insights presented in this study were influenced by discussions conducted with several stakeholders in this domain. The report features detailed transcripts of discussions held with the following individuals:
Mark Banister (CEO, Medipacs / RxActuator)
Michael Hooven (CEO, Enable Injections)
Jesper Roested (CEO, Subcuject)
Pieter Muntendam (former President and CEO, scPharmaceuticals)
Menachem Zucker (Vice President and Chief Scientist, Elcam Medical)
Graham Reynolds (former Vice President and General Manager, Biologics, West Pharmaceutical Services)
(Vice President, Ypsomed)
Eric Chappel (R & D Project Manager, Debiotech)
Mindy Katz (Vice President, Marketing and Alliance Management, Sorrel Medical)

All actual figures have been sourced and analyzed from publicly available information forums and primary research discussions. Financial figures mentioned in this report are in USD, unless otherwise specified.

KEY QUESTIONS ANSWERED
Who are the leading large volume wearable device developers?
Which are the popular types of wearable devices available in this market?
What are the key challenges faced by stakeholders engaged in the development of large volume wearable injectors?
What types of partnership models are commonly being adopted by stakeholders in this industry?
Who are the key investors in this domain?
How has the intellectual property landscape of wearable injectors evolved over the years?
Which drug candidates are likely to be considered for administration via wearable injectors?
What factors are likely to influence the evolution of this market?
Which geographies are the most active in conducting clinical trials on large volume drug device combinations?
How is the current and future market opportunity likely to be distributed across key market segments?

RESEARCH METHODOLOGY
The data presented in this report has been gathered via secondary and primary research. For all our projects, we conduct interviews with experts in the area (academia, industry, medical practice and other associations) to solicit their opinions on emerging trends in the market. This is primarily useful for us to draw out our own opinion on how the market will evolve across different regions and technology segments. Where possible, the available data has been checked for accuracy from multiple sources of information.

The secondary sources of information include
Annual reports
Investor presentations
SEC filings
Industry databases
News releases from company websites
Government policy documents
Industry analysts’ views

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While the focus has been on forecasting the market till 2035, the report also provides our independent view on various non-commercial trends emerging in the industry. This opinion is solely based on our knowledge, research and understanding of the relevant market gathered from various secondary and primary sources of information.

CHAPTER OUTLINES
Chapter 2 provides an executive summary of the insights captured in our research. It offers a high-level view on the current state of the large volume wearable injectors market in the short-mid term and long term.

Chapter 3 provides a general overview of large volume wearable injectors, highlighting the growing demand for medical devices that enable self-administration. The chapter lays emphasis on the need for such devices, in terms of the rising incidence and prevalence of chronic diseases. Additionally, it provides an overview of the different types of self-injection devices available in the market, listing their various advantages. It also features a brief discussion on the concerns related to the use of such devices.

Chapter 4 presents information on the large volume wearable injectors that can deliver non-insulin drugs. In addition, the chapter includes a detailed analysis of these injector devices based on various relevant parameters, such as the status of development, type of device (patch pump / injector and infusion pump / injector), route of administration (subcutaneous, intradermal, intramuscular and intravenous), therapeutic area, type of technology, type of dose (basal, bolus and both), mode of injection (needle, cannula and catheter), volume / storage capacity, actuation mechanism (electromechanical, rotary pump, cell / expanded battery, pressurized gas, osmotic pressure and others), usability (disposable and reusable), availability of prefilled drug reservoir, availability of connectivity, drug compatibility (biologics, small molecules, high volume and non-viscous) and type of drug container (cartridge, vial, syringe and minibag system). In addition, the chapter presents developer landscape, along with the information on year of establishment, company size, region of headquarters and location of headquarters and leading players for product manufacturing.

Chapter 5 presents information on the large volume drug device combination. In addition, the chapter includes a detailed analysis of these injector devices based on various relevant parameters, such as the status of development, type of device (patch pump / injector and infusion pump / injector), route of administration (subcutaneous, intradermal, intramuscular and intravenous), therapeutic areas, drug compatibility (biologics, small molecules, high volume and non-viscous), type of drug container (cartridge, drug reservoir and vial), type of dose administered (basal, bolus and both), mode of injection (needle, cannula and catheter), mechanism of action (electromechanical, rotary pump, cell / expanded battery, pressurized gas, osmotic pressure and others), type of technology, volume / storage capacity of the device and usability (disposable and reusable). In addition, the chapter presents developer landscape, along with the information on year of establishment, company size, location of headquarters and leading players for product manufacturing.

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Chapter 6 presents information on the large volume wearable injectors designed for the delivery of insulin. In addition, the chapter includes a detailed analysis of these injector devices based on various relevant parameters, such as the status of development, type of device (patch pump / injector and infusion pump / injector), volume / storage capacity, usability (disposable and reusable), availability of prefilled drug reservoir, type of dose administered (basal, bolus and both), combination insulin, non-interoperable device, availability of continuous glucose monitoring (CGM) / blood glucose meter BGM systems, availability of automated insulin delivery (AID), automatic insulin delivery (AID) / artificial pancreas, connectivity and type of device control feature (remote control, smartphone control and control within device). In addition, the chapter presents developer landscape, along with the information on year of establishment, company size, location of headquarters and leading players for product manufacturing.

Chapter 7 presents an insightful competitiveness analysis of large volume wearable injectors based on the supplier power of the developers and key product specifications. The analysis was designed to enable various products to compare their existing capabilities with various devices developed by different developers to achieve a competitive edge in the industry.

Chapter 8 provides detailed profiles of the key players that develop large volume wearable injectors. Each profile presents a brief overview of the company, financial information (if available), product portfolio, recent developments and an informed future outlook.

Chapter 9 provides tabulated profiles of drug device combination products. Each profile includes drug specifications, mechanism of action, current status of development, dosage and sales information.

Chapter 10 features an in-depth analysis and discussion on the various partnerships inked between the players in this market, since 2015, covering merger and acquisitions, product development agreements, product development and commercialization agreement, product / technology integration agreements, product / technology agreements, distribution agreements, commercialization agreements, clinical trial agreements, licensing agreements, manufacturing agreements, service agreements, and other relevant deals.

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Chapter 11 provides a detailed acquisition target analysis, taking into consideration the historical trend of the activity of the companies that have acquired other firms since 2001, offering a means for other industry stakeholders to identify potential acquisition targets.

Chapter 12 provides an in-depth patent analysis, presenting an overview of the filed / granted patents related to wearable injectors for the delivery of drugs in large volumes. For this analysis, we looked at the patents that have been filed by various players over the last two decades. The analysis highlights the key information and trends associated with these patents, including patent type (granted patents, patent applications and others), patent publication year, issuing authority / patent offices involved, patent age, CPC symbols, emerging focus areas, type of players (industry and non-industry players) and the leading industry players, non-industry players and individual patent assignees. The chapter also includes a patent benchmarking analysis, patent characteristics and patent valuation analysis.

Chapter 13 presents a list of marketed and pipeline molecules that are likely to be considered for delivery via large volume wearable injectors in the future, identified on the basis of an analysis of the potential candidates, taking into consideration the various parameters, such as status of development, dosage, dose concentration, route of administration, type of dose and drug sales (in case of marketed drugs). For the purpose of this analysis, we collated a list of over 100 top-selling marketed drugs, which were initially screened on the basis of route of administration (subcutaneous / intramuscular / intravenous). Additionally, we compiled a list of pipeline molecules that are being investigated for delivery via the aforementioned routes. The likelihood of delivery via a large volume wearable injector in the future was estimated using the weighted average method.

Chapter 14 presents a detailed clinical trial analysis of the complete and ongoing studies to evaluate the combinations of drugs and large volume wearable injectors based on various parameters, such as trial registration year, current trial phase, recruitment status, study design, type of sponsor / collaborator, most active players by number of registered trials, key focus area, therapeutic area, geographical distribution by number of clinical trial, geographical distribution by enrolled patient population and clinical endpoints.

Chapter 15 provides details on various investments that have been made into companies with proprietary large volume wearable injectors since 2014 to 2021 including seed financing, venture capital financing, capital raised from IPOs, equity and subsequent offerings, grants and debt financing. The investment instances have been analyzed based on various relevant parameters, such as year of investment, amount invested, type of funding, most active players (in terms of number of funding instances) and type of investor.

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Chapter 16 includes a brief case study on the role of contract manufacturing organizations in the overall manufacturing process / supply chain of a wearable injector. It includes information on the services provided by such organizations for manufacturing of device components (primary containers), infusion sets, adhesives, closures and injection moldings. In addition, it includes a schematic world map representation highlighting the location of the CMOs and their device manufacturing service portfolio. Further, information on the design and development of medical devices is included.

Chapter 17 features a discussion on the various guidelines established by major regulatory bodies for medical device approvals across North America (the US, Canada and Mexico), Europe (the UK, France, Germany, Italy, Spain and rest of Europe), Asia-Pacific and rest of the world (Australia, Brazil, China, India, Israel, Japan, New Zealand, Singapore, South Africa, South Korea, Taiwan, and Thailand). The report also features an insightful multi-dimensional heat map analysis, featuring a comparison of the contemporary regulatory and reimbursement scenarios in key geographies across the globe.

Chapter 18 presents an insightful market forecast analysis, highlighting the future potential of large volume wearable injectors (for delivery of non-insulin drugs) till the year 2035. We have segregated the opportunity on the basis of the type of device (patch pump, injector and infusion pump and injector), usability (reusable and disposable), key therapeutic areas (cardiovascular disorders, infectious diseases, neurological disorders, oncological disorders and others) and key geographies (North America, Europe, Asia Pacific, Latin America and Middle East and North Africa). In addition, the chapter presents an opportunity analysis of the market for large volume wearable injectors for delivery of insulin, till the year 2035.

Chapter 19 presents a detailed discussion on the future opportunities of wearable injectors for large volume drug delivery. It also highlights the key parameters and trends that are likely to influence the future of this market, under a detailed SWOT framework.

Chapter 20 is a collection of interview transcripts, featuring discussions held with key stakeholders in this market. In this chapter, we have presented the details of interviews held with Mark Banister (CEO, Medipacs), Michael Hooven (CEO, Enable Injections), Jesper Roested (CEO, Subcuject), Pieter Muntendam (former President and CEO, scPharmaceuticals), Menachem Zucker (Vice President and Chief Scientist, Elcam Medical), Graham Reynolds (Former Vice President and GM, Biologics, West Pharmaceutical Services), (Vice President, Ypsomed), Eric Chappel (R&D Project Manager, Debiotech) and Mindy Katz (Vice President, Marketing and Alliance Management, Sorrel Medical)

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Chapter 21 is a summary of the overall report, wherein we have mentioned all the key facts and figures described in the previous chapters.

Chapter 22 is an appendix, which provides tabulated data and numbers for all the figures included in the report.

Chapter 23 is an appendix, which provides a list of companies and organizations mentioned in this report.
Read the full report: https://www.reportlinker.com/p06189680/?utm_source=GNW

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Artificial Intelligence

Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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complyport’s-new-ai-tool-–-vica.chat-–-set-to-revolutionise-compliance-support-services

LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Website: https://www.marketsandmarkets.com/
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Artificial Intelligence

Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup

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HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.

Optimized Visuals Tailored for Football Dynamics
The Toshiba REGZA Engine ZRi in Z670 transports football fans into the heart of the action. With the AI Football Mode, they’ll be able to see fast-moving objects crystal clear and football field actions much enriched. To see their favourite player score that winning goal, the AI Picture Optimizer automatically adjusts visual contrast and precision adapted to the game. From vivid green fields and vibrant player kits, every play comes to life with AI 4K Upscaling and Quantum Dot Color, transforming lower-resolution broadcasts into near-4K quality and unleashing lifelike visual color.
Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
Please find the high-resolution TVC here: Link
About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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