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Artificial Intelligence

Global Digital Therapeutics Market to Reach US$12.1 Billion by the Year 2026

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New York, Jan. 20, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Digital Therapeutics Industry” – https://www.reportlinker.com/p05798376/?utm_source=GNW
Digital therapeutics enables improved health monitoring, prevention and management leading to improved health outcomes and reduced healthcare expenditure. With rising penetration of smartphones and internet usage, digital therapeutics can offer basic medical guidance, work in combination with drug regimens, use cognitive stimulation to induce behavioural changes, connect with wearables and medical equipment through the use of mobile apps. Rising incidences of chronic diseases, growing geriatric population, technological advancements, benefits of digital therapeutics, and pressing need to curb rising healthcare costs are key growth drivers spurring significant growth in the global market. Strong adoption of digital platforms like smartphones, apps, electronic wearables, mobile internet; growing focus on value based care; and rising venture capital investments in digital health based business models spur growth in the market. The momentum is likely to accelerate further with advent of next-generation technologies such as IoT and Artificial Intelligence (AI), as these `high-tech` modalities hold immense potential to augment roll out of DTx interventions as a complementary product or as a complete replacement to traditional therapeutics.

Amid the COVID-19 crisis, the global market for Digital Therapeutics estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$12.1 Billion by 2026, growing at a CAGR of 27.7% over the analysis period. B2B, one of the segments analyzed in the report, is projected to grow at a 28.8% CAGR to reach US$13.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the B2C segment is readjusted to a revised 19.2% CAGR for the next 7-year period. This segment currently accounts for a 12.9% share of the global Digital Therapeutics market.

The U.S. Market is Estimated at $1.4 Billion in 2021, While China is Forecast to Reach $909.2 Million by 2026

The Digital Therapeutics market in the U.S. is estimated at US$1.4 Billion in the year 2021. The country currently accounts for a 41.8% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$909.2 Million in the year 2026 trailing a CAGR of 28.9% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.8% and 22.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 27% CAGR while Rest of European market (as defined in the study) will reach US$1.2 Billion by the end of the analysis period. The United States and Europe represent key markets, led supported by well-developed digital infrastructure that provides the foundation for DTx. In Asia-Pacific region, growth is driven by rising prevalence of chronic illnesses and growing geriatric population.

Select Competitors (Total 108 Featured)

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  • Canary Health, Inc.
  • Dthera Sciences
  • Fitbit Health Solutions
  • Livongo Health, Inc.
  • Medtronic, Plc
  • Omada Health, Inc.
  • Propeller Health
  • Pear Therapeutics, Inc.
  • Proteus Digital Health, Inc.
  • WellDoc, Inc.

Read the full report: https://www.reportlinker.com/p05798376/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Review of
the World Economy in 2021
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual
% Change) for 2020 through 2022
COVID-19 Pandemic Expedites Implementation of Digital Therapeutics
Prominent Drivers Enabling Digital Therapeutics Market to Leapfrog
Digital Therapeutics: An Introduction
EXHIBIT 2: Digital Therapeutics Market by Disease Condition: 2021E
Outlook
Strategies to Push Uptake of Digital Therapeutics
Leading Markets
Factors Impeding Growth
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Digital Therapeutics Continue to Attract Venture Capital
Investments
EXHIBIT 3: Digital Health Funding by Segment (in US$ Million):
2020
EXHIBIT 4: Top Funded Clinical Indications: 2020
EXHIBIT 5: Top Funded Clinical Indications: Q1-Q3 2021
EXHIBIT 6: Digital Therapeutics Funding in US$ Million: 2018-
2021 9 Months
EXHIBIT 7: Digital Therapeutics Deal Count: 2018-2021 9 Months
Startups Flock the Digital Therapeutics Market
Select Digital Therapeutics Startups
EXHIBIT 8: Quarterly Investments by Digital Therapeutics
Startups in US$ Million: Q1 2020 to Q3 2021
EXHIBIT 9: Top 10 Equity Deals in Q3’21
Pipeline Products Drive Growth Prospects
Select FDA Approved DTx
A Snapshot of Select DTx Pipeline Products
Artificial Intelligence to Play a Significant Role in Improving
Clinical Outcomes
EXHIBIT 10: Global Healthcare Artificial Intelligence Market by
Application: 2021
Why Healthcare & Pharmaceuticals are joining the Digital
Therapeutics Bandwagon?
Pharma Majors Foray into Uncharted Territory
Pharmaceutical Companies Team Up with Payers to Seek Reimbursement
Growing Need to Break the Stigma Associated with Mental Health
Augurs well for Digital Therapeutics
Select Mental Health Stats Worldwide
Potential Areas for Digital Therapeutics
EXHIBIT 11: Global Number of People Suffering from Mental
Disorders (In Million)
Pandemic Pulls up Lever for Digital Mental Healthcare
EXHIBIT 12: Anxiety and Depression on Rise Amid the Pandemic:
Percentage of US Adults Displaying Symptoms of Anxiety and
Depressive Disorder (Jan-June 2019, May 2020, and December
2020)
High Prevalence of Chronic Diseases and Growing Focus on
Preventative Healthcare Widens Growth Opportunities
Role of Digital Therapeutics in Type 2 Diabetes Reversal
EXHIBIT 13: World Diabetes and Population Statistics (2019,
2030 & 2045)
EXHIBIT 14: World Diabetes Prevalence: 2000-2019, 2030 and 2045
Growing Overweight and Obese Population Benefit Market Prospects
EXHIBIT 15: Global Obesity Epidemic: Percentage of Overweight,
Obese, and Severely Obese Adults for 2014 & 2025
EXHIBIT 16: COVID-19 Pandemic Adds to the Healthcare Burden of
Nations Worldwide: Obesity-Related Health Spending as % of
Total Health Expenditure for the Period 2020-2050
Managing Heart Failure through Digital Interventions
EXHIBIT 17: Global Annual Medical Cost of CVD in US$ Billion:
(2010-2030)
Neurological Conditions
EXHIBIT 18: Chronic Disease Management in Developed Countries
(2019): Percentage Distribution of Patient Population by
Chronic Disease Type in the US, Germany, and UK
How Digital Therapeutics is Changing Oncology Care Landscape?
EXHIBIT 19: Global Cancer Incidence: Number of New Cancer Cases
in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
Data Generation for Drug Development
Proliferation of Smart Devices Bodes Well for Market Growth
EXHIBIT 20: Smartphone Adoption as Share of Total Population:
2016-2021
Mobile Healthcare Gains Momentum amid the Pandemic
EXHIBIT 21: Global Smartphone Shipments in Million Units: 2010-
2021
Delivery through Wearable Devices Holds Strong Potential
EXHIBIT 22: Global Wearable Device Shipments in Million Units
for the Years 2017, 2019, 2021, 2023, and 2025
Growing Focus on Reducing Healthcare Costs Bolsters Market Growth
EXHIBIT 23: World Healthcare Expenditure (In US$ Billion) for
the Years 2017-2023
Digital Therapeutics Evolves as a Viable Solution for
Medication Adherence
Aging Population and their Vulnerability to Various Health
Conditions: A Vital Growth Driver
EXHIBIT 24: Global Population for the 65+ Age Group in Million
by Geographic Region for the Years 2019, 2025, 2035 and 2050

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4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Digital
Therapeutics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2020
through 2027 and % CAGR

Table 2: World 7-Year Perspective for Digital Therapeutics by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2021 & 2027

Table 3: World Current & Future Analysis for B2B by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Revenues
in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 4: World 7-Year Perspective for B2B by Geographic Region –
Percentage Breakdown of Value Revenues for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2021 & 2027

Table 5: World Current & Future Analysis for B2C by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets – Independent Analysis of Annual Revenues
in US$ Thousand for Years 2020 through 2027 and % CAGR

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Table 6: World 7-Year Perspective for B2C by Geographic Region –
Percentage Breakdown of Value Revenues for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2021 & 2027

Table 7: World Current & Future Analysis for Treatment / Care
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Thousand for Years 2020 through 2027
and % CAGR

Table 8: World 7-Year Perspective for Treatment / Care by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027

Table 9: World Current & Future Analysis for Preventive by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Thousand for Years 2020 through 2027
and % CAGR

Table 10: World 7-Year Perspective for Preventive by Geographic
Region – Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2021 & 2027

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III. MARKET ANALYSIS

UNITED STATES
Table 11: USA Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 12: USA 7-Year Perspective for Digital Therapeutics by
Sales Channel – Percentage Breakdown of Value Revenues for B2B
and B2C for the Years 2021 & 2027

Table 13: USA Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 14: USA 7-Year Perspective for Digital Therapeutics by
Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

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CANADA
Table 15: Canada Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 16: Canada 7-Year Perspective for Digital Therapeutics by
Sales Channel – Percentage Breakdown of Value Revenues for B2B
and B2C for the Years 2021 & 2027

Table 17: Canada Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 18: Canada 7-Year Perspective for Digital Therapeutics by
Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

JAPAN
Table 19: Japan Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

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Table 20: Japan 7-Year Perspective for Digital Therapeutics by
Sales Channel – Percentage Breakdown of Value Revenues for B2B
and B2C for the Years 2021 & 2027

Table 21: Japan Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 22: Japan 7-Year Perspective for Digital Therapeutics by
Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

CHINA
Table 23: China Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 24: China 7-Year Perspective for Digital Therapeutics by
Sales Channel – Percentage Breakdown of Value Revenues for B2B
and B2C for the Years 2021 & 2027

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Table 25: China Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 26: China 7-Year Perspective for Digital Therapeutics by
Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

EUROPE
Table 27: Europe Current & Future Analysis for Digital
Therapeutics by Geographic Region – France, Germany, Italy, UK
and Rest of Europe Markets – Independent Analysis of Annual
Revenues in US$ Thousand for Years 2020 through 2027 and % CAGR

Table 28: Europe 7-Year Perspective for Digital Therapeutics by
Geographic Region – Percentage Breakdown of Value Revenues for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2021 & 2027

Table 29: Europe Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

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Table 30: Europe 7-Year Perspective for Digital Therapeutics by
Sales Channel – Percentage Breakdown of Value Revenues for B2B
and B2C for the Years 2021 & 2027

Table 31: Europe Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 32: Europe 7-Year Perspective for Digital Therapeutics by
Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

FRANCE
Table 33: France Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 34: France 7-Year Perspective for Digital Therapeutics by
Sales Channel – Percentage Breakdown of Value Revenues for B2B
and B2C for the Years 2021 & 2027

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Table 35: France Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 36: France 7-Year Perspective for Digital Therapeutics by
Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

GERMANY
Table 37: Germany Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 38: Germany 7-Year Perspective for Digital Therapeutics
by Sales Channel – Percentage Breakdown of Value Revenues for
B2B and B2C for the Years 2021 & 2027

Table 39: Germany Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

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Table 40: Germany 7-Year Perspective for Digital Therapeutics
by Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

ITALY
Table 41: Italy Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 42: Italy 7-Year Perspective for Digital Therapeutics by
Sales Channel – Percentage Breakdown of Value Revenues for B2B
and B2C for the Years 2021 & 2027

Table 43: Italy Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 44: Italy 7-Year Perspective for Digital Therapeutics by
Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

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UNITED KINGDOM
Table 45: UK Current & Future Analysis for Digital Therapeutics
by Sales Channel – B2B and B2C – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2020 through 2027 and %
CAGR

Table 46: UK 7-Year Perspective for Digital Therapeutics by
Sales Channel – Percentage Breakdown of Value Revenues for B2B
and B2C for the Years 2021 & 2027

Table 47: UK Current & Future Analysis for Digital Therapeutics
by Application – Treatment / Care and Preventive – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 48: UK 7-Year Perspective for Digital Therapeutics by
Application – Percentage Breakdown of Value Revenues for
Treatment / Care and Preventive for the Years 2021 & 2027

REST OF EUROPE
Table 49: Rest of Europe Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

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Table 50: Rest of Europe 7-Year Perspective for Digital
Therapeutics by Sales Channel – Percentage Breakdown of Value
Revenues for B2B and B2C for the Years 2021 & 2027

Table 51: Rest of Europe Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 52: Rest of Europe 7-Year Perspective for Digital
Therapeutics by Application – Percentage Breakdown of Value
Revenues for Treatment / Care and Preventive for the Years 2021 &
2027

ASIA-PACIFIC
Table 53: Asia-Pacific Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 54: Asia-Pacific 7-Year Perspective for Digital
Therapeutics by Sales Channel – Percentage Breakdown of Value
Revenues for B2B and B2C for the Years 2021 & 2027

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Table 55: Asia-Pacific Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

Table 56: Asia-Pacific 7-Year Perspective for Digital
Therapeutics by Application – Percentage Breakdown of Value
Revenues for Treatment / Care and Preventive for the Years 2021 &
2027

REST OF WORLD
Table 57: Rest of World Current & Future Analysis for Digital
Therapeutics by Sales Channel – B2B and B2C – Independent
Analysis of Annual Revenues in US$ Thousand for the Years 2020
through 2027 and % CAGR

Table 58: Rest of World 7-Year Perspective for Digital
Therapeutics by Sales Channel – Percentage Breakdown of Value
Revenues for B2B and B2C for the Years 2021 & 2027

Table 59: Rest of World Current & Future Analysis for Digital
Therapeutics by Application – Treatment / Care and Preventive –
Independent Analysis of Annual Revenues in US$ Thousand for the
Years 2020 through 2027 and % CAGR

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Table 60: Rest of World 7-Year Perspective for Digital
Therapeutics by Application – Percentage Breakdown of Value
Revenues for Treatment / Care and Preventive for the Years 2021 &
2027

IV. COMPETITION
Total Companies Profiled: 108
Read the full report: https://www.reportlinker.com/p05798376/?utm_source=GNW

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Artificial Intelligence

How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024

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HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.

Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence

Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177013645
Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Smart Agriculture Market Size, Share, Statistics and Industry Growth Analysis Report by Offering (Hardware, Software, Services), Agriculture Type, Farm Size (Large, Medium, Small), Application (Precision Farming, Livestock Monitoring) and Region (America, Europe, Asia Pacific, Row) – Global Forecast to 2028
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CluePoints Launches Medical & Safety Review (MSR) Software to Revolutionize Clinical Data Review

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CluePoints furthers its commitment to delivering innovative solutions that enhance clinical trial efficiency with this latest addition to its enterprise software platform.
KING OF PRUSSIA, Pa., Sept. 27, 2024 /PRNewswire/ — CluePoints continues to transform clinical trial review and leverage its industry-leading software to enhance the interrogation, analysis and presentation of data with the launch of its latest application, Medical & Safety Review (MSR).

The tool simplifies and streamlines the medical analysis of study data through user-friendly dashboards, data manipulation and cleaning, query management and full transparency over the data history. This not only improves efficiency and communication in medical oversight, but also elevates patient safety, differentiating MSR as a smarter and unique solution.
Designed by, and for Medical and Safety Reviewers, MSR converts the manual analysis of patient outcomes, which can be prone to inefficiency and error, into an accurate, efficient process. MSR tackles time-consuming study preparation for specific visualizations by featuring a comprehensive standard visualization library as well as the ability to copy and reuse dashboards across different studies, enabling the identification of outlying values, change tracking, and improved communication for smarter clinical trials.
Other benefits of MSR include:
Enhanced medical review efficiency and reduced human errors via automated checksReduced time spent by clinical and data management teams in reviewing dataImproved collaboration with integrated review workflows across departmentsEnsured record quality and accountability with comprehensive change trackingDriving faster decision making with the proactive detection of trends and safety issuesEnsuring regulatory compliance with rule-based detection and user assignmentsAndy Cooper, Chief Executive Officer at CluePoints, commented, “We are thrilled to announce the launch of Medical & Safety Review to our growing product offerings. MSR is the latest application addition to the CluePoints platform, which includes products such as Risk-Based Quality Management (RBQM) and our Site Profile & Oversight Tool (SPOT). Together, they provide a comprehensive approach to clinical trial optimization, enhancing data integrity, ensuring regulatory compliance, and accelerating drug development. The creation of MSR ensures a more streamlined review process while prioritizing patient safety at every step and empowers medical teams to swiftly identify outliers, track data changes, and improve communication.”
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of Artificial Intelligence using Advanced Statistics and Machine Learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
 

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