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Metaverse Market Statistics – A $678.80 Billion Industry Size by 2030; The Next Big Thing

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New York, USA, Oct. 12, 2022 (GLOBE NEWSWIRE) — Metaverse is a digital environment that uses cutting-edge technologies to simulate the actual world. People can interact and create virtual communities by using a variety of avatars. Any organization can create its Metaverse. Artificial intelligence (AI), blockchain, cybernetics, digital identity models, 5G, edge computing, community and power platforms, and virtual reality are the significant technological forces behind the Metaverse.

Make a Direct Purchase of the latest Metaverse Market Report published in the month of Jun-2022. Click the below link to initiate the purchase: 
https://www.strategicmarketresearch.com/buy-now/metaverse-market

Investments in the Metaverse industry are rising rapidly. Apart from gaming, many new applications are emerging. “Metaverse is generally thought to be just the immersive VR. However, MR will also play an important part in this industry. There are industries and applications that will use a mix of VR and AR based on requirements.” as stated by Amritesh Suman, Manager at Strategic Market Research.

“In the Metaverse ecosystem, VR/MR technology and Avatars will play the most important part. As most of the things are moving towards the virtual world, there are probabilities that in the coming future, one will be able to visit places, attend concerts, meet people and do much more by the help of Avatars.” Adds Amritesh Suman

Metaverse Market Insights: 

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  • By component, the hardware segment generated $16.58 billion in 2021. 
  • In 2021, With USD 16.38 billion, the desktop segment accounted for the largest Metaverse market size
  • In 2021, the virtual and augmented reality segments contributed approximately 36% of the market share in terms of technology.
  • With a CAGR of 40%, the asset marketplace segment is predicted to rise rapidly.
  • In 2021, the gaming segment registered the highest revenue share of greater than 27.17% based on application.
  • On the basis of end-user, the media and entertainment segment in 2021 held a significant share of more than 39% of the market. 
  • Based on region, North America ruled the overall market with a remarkable revenue share of around 46% in 2021.

Factors accelerating the Metaverse Market growth

The rising focus on the converging digital and physical world and the rise of blockchain and digital assets are expanding the overall growth of the market.

  • The increasing emphasis on connecting digital and physical worlds via the internet is the major factor spearheading the growth of the Global Metaverse Market. Metaverse created several computer-mediated virtual environments, such as virtual 3D, video conferencing, and social networks. Although temporary and detached, these virtual circumstances have brought about various degrees of digital change.
  • The rise of blockchain and digital assets is expected to propel the Global Metaverse Market forward. With the advent of a new, decentralized internet, there will be a greater emphasis on blockchain technology for the administration of transparent data. Blockchain enables efficient, secure data transfers, historical records, and decentralized control. The development of a secure and impartial metaverse depends heavily on the blockchain. The blockchain will play a significant role in the development of a safe and equitable metaverse.


Metaverse Market: A thorough Segmentation Analysis

The Global Metaverse Market segmentation has been done on the basis of components, platform, technology, offering, application, end-user, and region.
By Component:

  • Services
  • Software
  • Hardware

By Platform:

  • Headsets
  • Mobile
  • desktop

By Technology

  • Mixed Reality
  • Virtual Reality & Augmented Reality
  • Blockchain
  • Internet of Things
  • Others

By Offering

  • Avatars
  • Financial Services
  • Asset Marketplace
  • Virtual Platforms

By Application

  • Online Shopping 
  • Gaming
  • Content Creation & Social Media
  • Online Education
  • Virtual Goods
  • Advertising
  • Blockchain Operations
  • NFT
  • Payments
  • Edge Computing
  • Conferences

By End-User

  • Fashion
  • Manufacturing
  • Real Estate
  • Healthcare
  • Education
  • Military
  • Media and Entertainment
  • Customer Experience

By Region

North America

  • Canada
  • United States
  • Mexico
  • Rest of North America

Europe

  • United Kingdom
  • Germany
  • France
  • Rest of Europe

Asia Pacific

  • Japan
  • India
  • South Korea
  • China
  • Rest of Asia Pacific

South America

  • Brazil
  • Rest of South America

The Middle East and Africa

  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Rest of the Middle East and Africa

To get a first-hand overview of the report, Request a Sample at
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By component, the hardware segment generated $16.58 billion in 2021, and during 2022-2030 it will grow at a 39% CAGR. Hardware components like extended reality gear, monitors, and AR/VR headsets are extensively used in metaverse technologies. The growing emphasis on offering products that provide a better consumer experience and allow more sustained user immersion among businesses positions the segment to grow with a sizeable metaverse market share. Furthermore, advances in AR and VR technology and accessories are significant factors accelerating the growth of the hardware segment.

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In 2021, With USD 16.38 billion, the desktop segment accounted for the largest metaverse market share. As online gaming becomes more popular, desktops have become the main gateway into the metaverse. Virtual desktops are also becoming increasingly popular for use with VR devices. Additionally, the mobile platform will experience a steady growth from 2022 to 2030, owing to the increased use of smartphones.

Report Coverage

Report Attribute Details
Forecast Period 2022 – 2030
Market size value in 2022 USD 47.48 billion
Revenue forecast in 2030 USD 678.80 billion
Growth rate CAGR of approximately 39.44%
The base year for estimation 2022
Historical data 2017 – 2020
Unit USD Billion, CAGR (2022 – 2030)
Segmentation By Components, By Platform, By Technology, By Offering, By Application, By End-Use, and By Region.
By Components Hardware, Software, Services
By Platform Desktop, Mobile, Headsets
By Technology Metaverse in Blockchain, Virtual Reality (VR) and Augmented Reality (AR), Mixed Reality (MR), Internet of Things (IoT), Others
By Offering Metaverse in Virtual Platforms, Asset Marketplaces, Avatars, Financial Services
By End-Use Metaverse in Healthcare, Real Estate, Education, Military, Manufacturing, Social Media, Customer Experience, Digital Twin Operations, Advertising, Online Education, Entertainment, Virtual Goods, Technology, Edge Computing, Online Shopping, Content Creation,  Conferences, Fashion, Blockchain Applications,  Virtualisation Tools, Payments, NFT, Gaming
By Region Asia0Pacific, North America, Europe, South America, the Middle East and Africa
Country Scope United States of America, Canada, Mexico, United Kingdom, France, Germany, China, Japan, India, South Korea, Brazil, Saudi Arabia, South Africa, United Arab Emirates
Company Usability Profiles Tencent Holdings Ltd., Meta, Inc., Alphabet, Inc., Nvidia Corporation, Roblox Corporation, Microsoft Corporation, Globant, Queppelin, Alibaba Cloud, Netease, Inc., Magic Leap, Inc.

In 2021, the virtual and augmented reality segments contributed approximately 36% of the market share in terms of technology. The usage of 3D virtual surroundings in the metaverse gives a feeling of virtual presence. Technologies like Virtual and augmented reality are utilized to generate a sense of virtual presence. In the coming years, virtual reality, as well as augmented reality, are destined to be the most significant technology changes. This is a significant element that is projected to boost the metaverse market in the future.

With a CAGR of 40%, the asset marketplace segment is predicted to rise rapidly. It is due to the increased investments in Ethereum, bitcoin, NFTs, and other cryptocurrencies. Additionally, in 2021, the virtual platforms market category held the dominant market share. By building and maintaining realistic, digital three-dimensional simulations, surroundings, and settings, virtual platforms enable people and enterprises to create, connect, explore, and engage in a variety of activities. 

In 2021, the gaming segment registered the highest revenue share of greater than 27.17% on the basis of application. It is due to the factors such as significant continuous developments and advancements by developers and a growing emphasis on enhancing immersion and creating more realistic games. Online gaming worlds such as Minecraft, Fortnite, and Roblox contain metaverse implications.

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Top Metaverse Platforms to Watch

Platform Function Key Player
Roblox Metaverse in gaming Roblox Corporation
Facebook Metaverse Metaverse in social media Meta, Inc.
Fortnite Metaverse Metaverse in gaming Epic Games
Ominverse – Nvidia Metaverse Metaverse in digital twin operations Nvidia Corporation
Microsoft Metaverse Metaverse in mixed reality Microsoft Corporation
Decentraland Metaverse virtual land Decentraland Foundation, community
Illuvium Metaverse in gaming Illuvium
Metaverse Minute – Unity Metaverse Metaverse in digital twin operations Unity

On the basis of end-user, the media and entertainment segment in 2021 held a significant share of more than 39% of the market. The segment aims to strengthen social relations among participants. Companies are also adopting the idea of a metaverse in order to benefit the entertainment industry by enhancing products like world-building, immersive storytelling and fostering fan invention. Furthermore, the aerospace and defense industries will likely benefit from metaverse technology during the forecast period. This technology allows them to practice in a virtual world, which helps them get ready for an actual crisis.

On the basis of region, North America ruled the overall market with a robust revenue share of approximately 46% in 2021. Factors such as the increasing emphasis on the converging physical and digital world, the presence of major companies, and the increasing importance of the metaverse in the education sector are expected to stimulate the growth of this region’s market in the coming years. However, the Asia-Pacific region had the fastest growth rate because of the region’s extensive use of metaverse platforms in the gaming, entertainment, and social segment.

Before initiating a purchase, make a Pre-order enquiry and get a detailed overview of the content of the report.
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Key players Covered in the Metaverse Industry Report:

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  • Globant
  • Magic Leap, Inc
  • Netease, Inc.
  • Alibaba Cloud
  • Roblox Corporation
  • Microsoft Corporation
  • Nvidia Corporation
  • Meta, Inc.
  • Tencent holdings Ltd.
  • Alphabet, Inc.
  • Queppelin

To read the summary of the report, visit the website at
https://www.strategicmarketresearch.com/market-report/metaverse-market

Recent Developments

  • On October 2022, Multiverse Labs which is an artificial intelligence ecosystem, established a new metaverse city in the United Arab Emirates (UAE) in order to boost the region’s tourism business. The virtual city will benefit the local tourism economy and may generate new metaverse jobs.
  • On October 2022, IndiGG announced a partnership with Metaverse Magna (MVM) to promote blockchain-based gaming throughout the Indian subcontinent and Africa. Through this collaboration, players from both communities can share in-game assets.
  • On September 2022, Starbucks announced its entry into the metaverse. Starbucks Odyssey, a Web3, will be launched in late 2022, allowing Starbucks Rewards members to buy and exchange collectible limited edition NFTs in order to unlock new rewards, perks and complete interactive activities just to earn the NFT digital badges which is also known as “journey stamps.”

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The Digital Therapeutics Market report gives insights into its growth factors, challenges, opportunities, etc. The Digital Therapeutics Market was worth $3.02 billion in 2021 and will reach $35.78 billion by 2030 with a 31.4% CAGR during 2021-2030. An increase in chronic conditions, increased focus on preventive healthcare, and the adoption of mobile phones are expected to fuel the market expansion. Key organizations in this market are Medtronic Plc, Voluntis, Inc., Kaia Health, Omanda Health, Inc., etc.

Global Digital Twin Market In-depth Analysis Report
The Digital Twin Market Report performed by SMR gives a detailed analysis of its augmenting factors, challenges, restraints, etc. The Digital Twin Market’s worth in 2021 was USD 6.30 Billion, and by 2030 it will be worth USD 131.09 Billion growing at a 5.5% CAGR. The growth of this market is because of the increasing use of digital twins in manufacturing to boost supply chain efficiency and reduce costs. The prominent companies in this market are Siemens, Bosch, Microsoft Corporation, Dassault Systemes, Oracle Corporation, etc.

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SMR’s report on Location Analytics Market offers a detailed overview of its growth factors, opportunities, restraints, etc. The Location Analytics Market value in 2021 was worth USD 14.5 Billion and will reach USD 55.14 Billion by 2030 with a 16% CAGR. The growing implementation of location analytics applications in various industries supports the market’s growth. Prominent companies playing a major role in this market are IBM, Microsoft, Oracle, Google, GapMaps, LocationsCloud, etc.

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Artificial Intelligence

Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy

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American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.

Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!” 
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
Website | Facebook | X 
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DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024

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Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend 
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
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Endpoint Security Market to Transcend USD 36.01 billion by 2031 Owing to Cutting-Edge Cybersecurity in Safeguarding Online Infrastructure| SkyQuest Technology

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WESTFORD, Mass., July 2, 2024 /PRNewswire/ — According to SkyQuest, the global Endpoint Security Market size was valued at USD 10.40 billion in 2022 and is poised to grow from USD 11.94 billion in 2023 to USD 36.01 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).

Organizations use advanced security solutions as their first line of defense in cybersecurity to protect their company network infrastructure. Market expansion is anticipated as Bring Your Own Device (BYOD) policies are implemented more frequently. For instance, the web threat intelligence detection XDR solution FortiXDR was introduced by Fortinet, Inc. BlackBerry Limited introduced the managed detection and response (MDR) service in a similar manner. Additionally, for endpoint security, Broadcom, Inc. has introduced Adaptive Protection. Solutions are heavily reliant on emerging technology, including cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and others.
Download a detailed overview:
https://www.skyquestt.com/sample-request/endpoint-security-market
Endpoint Security Market Overview: 
Report Coverage 
Details 
Market Revenue in 2023 
$ 11.94 billion 
Estimated Value by 2031 
$ 36.01 billion 
Growth Rate 
Poised to grow at a CAGR of 14.8% 
Forecast Period 
2024–2031 
Forecast Units 
Value (USD Billion) 
Report Coverage 
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 
Segments Covered 
Component, Enforcement Point, Enterprise Size, End-User and Deployment
Geographies Covered 
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights 
Updated financial information / product portfolio of players 
Key Market Opportunities 
Rising Number of Connected Devices
Key Market Drivers 
Rising trend of BYOD 
Segments covered in Endpoint Security Market are as follows:
ComponentSolutions (Endpoint Protection Platform (EPP) (Antivirus, Anti-Spyware/Anti-Malware, Firewall, Endpoint Device Control, Intrusion Prevention, Endpoint Application Control, Others), Endpoint Detection and Response (EDR)), Services (Professional Services (Training and Consulting, Integration and Implementation, Support and Maintenance), Managed Services)Enforcement PointWorkstations, Mobile Devices, Servers, Point of Sale Terminals, OthersEnterprise SizeLarge Enterprises, Small and Medium Enterprises (SMEs)End-UserGovernment & Public Sector, BFSI, Healthcare, IT & Telecom, Transportation, Education, Manufacturing, Retail & e-commerce, OthersDeploymentCloud, and On-PremiseRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/endpoint-security-market
Large Enterprises Redefining Endpoint Security in Global Arena
The worldwide endpoint security market is shaped in large part by the size of the enterprise. The need for comprehensive and scalable solutions is generally driven by large organisations, whilst small and medium-sized enterprises (SMEs) prioritise cost-effective security measures that are suited to their specific needs. Market strategies and product development are influenced by this segmentation to effectively meet the diverse needs and budgets of organisations.
Large corporations have a great deal of influence in the global endpoint security market, owing to their sizable financial backing for all-encompassing cybersecurity solutions. By fitting by the artificial intelligence and machine learning technology as well as having the wide network infrastructure and following to regulation guidelines strictly, they hold an exclusive position to enhance ingenuity and expand market and at the same time set up security standards in the industry.
SMEs being small and financially limited create a big part of the world’s endpoint security demand driving demand for trustworthy, low-priced security solutions. Small and financially constrained firms need help protecting themselves from cyber threats as they tend to adopt new tech fast, yet they face higher risks of online attacks. This is due to SMEs are quick in adopting new technologies but are also at risk from online attacks.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/endpoint-security-market
Optimizing Performance through Strategic Deployment in Endpoint Security
Deployment in the worldwide endpoint security sector signifies the activities involving placing security systems into operation and orchestrating these solutions across various networks and gadgets. It is proverbial that deploying well means better protection from cyber-attacks, fewer weak points, more speed thereby preserving invaluable information for all organizations worldwide.
In the worldwide endpoint security industry, on-premises deployment gives users more control and customisation by installing security solutions directly on local servers and devices. This method is critical for companies with strict regulations on data security since it ensures that they adhere to legal requirements, directly control their sensitive information thereby upholding strong security and operational integrity.
In the worldwide endpoint security industry, cloud deployment uses remote servers to offer flexible, scalable security solutions. This approach is central in enabling organization to promptly respond to fresh dangers, reduce infrastructure budget and maintain reliable real time security on all endpoints as it is easy to incorporate, affordable and allows immediate updates.
Crucial Role of Enterprise Size and Advanced Deployment Strategies To turn Fruitful
Modern advanced security solutions are essential for safeguarding organisational network infrastructures in the quickly changing digital landscape of today. The increased spread of BYOD policies is driving demand for such cutting-edge solutions as Broadcom’s Adaptive Protection, BlackBerry’s MDR, and Fortinet’s FortiXDR. Advanced technology adoption, compliance, and scalability are key priorities for big enterprises, which use their large resource bases, while small and midsize businesses are pushing for good quality and affordable cybersecurity solutions. Efficient implementation, regardless of on-premises or cloud-based options, guarantees all-encompassing security and uninterrupted operations, providing defence against the continuously increasing risk of cyberattacks.
Related Reports:
Cyber Security Market
Network Security Market
Managed Security Services Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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