Artificial Intelligence
Asia Pacific Smart Lighting Market to Exceed Valuation of US$ 11,159.4 million by 2030 | Astute Analytica
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New Delhi, Feb. 02, 2023 (GLOBE NEWSWIRE) — The Asia Pacific region has been identified as the fastest-growing region for the Smart Lighting Market. This is the result of increasing consumer demand for energy-efficient lighting solutions for households, commercial establishments, and industrial applications. As per Astute Analytica, the region is expected to witness a significant growth owing to the increasing adoption of LED lighting products, rising awareness of energy efficiency, and the proliferation of IoT technologies. The increasing demand for smart lighting solutions in the region is further fueled by the rising urbanization, and advancements in the internet connected devices.
The Asia pacific smart lighting market is projected to reach USD 11,159.4 million by 2030, growing at a CAGR of 12.6% from 2023-2030. This impressive growth is attributed to the increasing use of smart lighting in commercial and industrial settings, which in turn has resulted in high demand for wired connectivity in this market. Furthermore, the market is expected to witness higher adoption of smart technologies such as Internet of Things (IoT), Artificial Intelligence (AI) and Machine Learning (ML) in the coming years.
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Smart lighting technologies offer numerous benefits such as energy efficiency, cost savings, improved safety and convenience, and enhanced lighting control. Moreover, advancements in the LED technology have provided an impetus to the growth of the Asia Pacific smart lighting market. The proliferation of connected devices, such as smartphones and tablets, has further contributed to the growth of this market. Additionally, the increasing penetration of smart homes, offices, and commercial establishments has further bolstered the market for smart lighting in this region.
Wired Smart Lighting Market Generated Over 59% Market Revenue
Wired smart lighting generated over 59% of the revenue in the smart lighting market in 2022. The reason behind its success can be attributed to several factors such as stability, reliability, and established infrastructure. From a business point of view, wired smart lighting provides several advantages. Firstly, wired lighting systems are known for their stability and reliability compared to wireless systems, making them a popular choice for large-scale installations like commercial buildings and industrial facilities.
Another advantage of wired smart lighting is that the existing infrastructure for wired lighting systems provides a foundation for companies to upgrade to smart lighting. The infrastructure can be easily upgraded to include smart features like remote control and automation without significant changes to the wiring.
The trend towards energy-efficient lighting solutions is also driving demand for wired smart lighting market. Wired smart lighting systems provide more efficient lighting compared to traditional lighting systems and offer features that allow for greater energy savings like scheduling and occupancy detection. Finally, the trend towards smart buildings and the Internet of Things (IoT) is driving demand for integrated and automated systems that can be controlled and monitored from a central location. Wired smart lighting systems offer the stability and reliability needed to support these large-scale, integrated systems.
Compact Fluorescent Lamps to Offer Revenue Opportunity Worth $42.92 Billion in Asia Pacific Smart Lighting Market
The smart compact fluorescent lamp market is poised for substantial growth, with our analysts projecting a revenue opportunity worth $42.92 billion by 2030. The increasing demand for energy-efficient lighting solutions, along with the growing adoption of smart home technology, is driving the growth of this market.
Smart compact fluorescent lamps are energy-efficient lighting solutions that offer features such as remote control, voice control, and scheduling options. These features make them an attractive option for consumers looking to reduce their energy consumption and costs.
The growth of the smart home industry is also playing a significant role in the growth of the smart compact fluorescent lamp market. The integration of smart lighting with other smart home devices, such as thermostats and security systems, is making it easier for consumers to manage and control their home lighting. Additionally, the increasing awareness of the environmental impact of energy consumption is driving the adoption of energy-efficient lighting solutions, such as smart compact fluorescent lamps. The demand for these products is also being driven by government incentives and regulations aimed at reducing energy consumption.
China is at the Forefront of Asia Pacific Smart Lighting Market and is Projected to Grow at the Highest CAGR of 14.5%
In terms of countries, China and India will be the major contributors to the growth of the Asia Pacific smart lighting market. China is likely to remain the leader in the Asia Pacific region, with its continuous advancements in the Internet of Things technology and its growing urban population. Additionally, the country is witnessing significant investments in the Smart Lighting sector for efficient use of energy and improved safety standards.
Other key markets in the Asia Pacific smart lighting market include Japan, Australia, South Korea, and the Southeast Asian countries, with high demand for smart home, commercial, and industrial applications. These countries are also focusing on creating an efficient lighting infrastructure. For instance, South Korea is investing in energy-efficient lighting solutions that can improve lighting quality and reduce energy consumption.
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Competitive Landscape: Top 5 Players Generates Over 60% Revenue Share of Asia Pacific Smart Lighting Market
The market is dominated by key players like Syska, Philips (Signify), Crompton, Halonix, Havells, Bajaj, Orient, and GE Lighting, among others. According to our analysis, the top five players hold over 60% of the market share. Leading players in the market offer a variety of products including LEDs, smart bulbs, and sensors. They have deployed their products in countries like China, Japan, and Australia.
These companies are focused on providing innovative and efficient smart lighting solutions that meet the needs and expectations of consumers. They aim to offer products that improve energy efficiency and convenience.
Philips, Halonix, Havells, and Bajaj are some of the leading companies in the Asia Pacific smart lighting market. All of these companies offer a wide range of products and services for the smart lighting sector. Philips is one of the top players in the industry, with a wide range of products including LED fixtures, connected lighting solutions, and networked dimming systems. Their products have high energy efficiency and are designed to integrate easily into any home or business environment.
Halonix provides a variety of high-quality lighting products that are designed to meet the lighting needs of businesses and homes. They offer LED products, connected lighting solutions, and intelligent dimming solutions. Their products are designed to provide energy efficiency and sustainability.
Havells is another leading player in the Asia Pacific smart lighting market. They provide a wide range of lighting solutions including LED fixtures, connected lighting solutions, and dimming solutions. Their products offer high energy efficiency and are designed for easy integration into any environment.
Some of the Top Market Players Are:
- Lightning Fixtures
- Syska
- Philips
- Crompton
- Halonix
- Havells
- Bajaj
- Orient
- Other Prominent Players
- Software and System Provider
- Wipro
- Street Light Vision (SLV)
- Virtual Extension
- Ayla Netwoks
- PureLiFI
- Dhyan (The device monitoring & Management)
- Other Prominent Players
- Devices, Hardware Installer, System Installer
- Honeywell International
- Eaton Corporation
- Schneider Electric SA
- Other Prominent Players
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About Astute Analytica
Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.
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Artificial Intelligence
Clinical Trials Matching Software Market Projected to Reach $832.56 million by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 18, 2024 /PRNewswire/ — The report titled “Clinical Trials Matching Software Market by Functionality (Analytics & Reporting, Compliance Tracking, Data Management), Deployment (Cloud & Web Based, On-Premise), End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $342.20 million in 2023 to reach $832.56 million by 2030, at a CAGR of 13.54% over the forecast period.
“The Global Surge in Adoption of Matching Software for Enhanced Participant Enrollment”
Clinical trials matching software stands at the forefront of revolutionizing clinical research by automating the process of identifying and enrolling eligible participants. These platforms offer a streamlined approach to match patient health profiles with trial requirements, accelerating enrollment and supporting the shift toward personalized healthcare using these advanced AI and ML technologies. Although integrating these systems poses challenges due to variations in healthcare IT infrastructure and the imperative for rigorous data security, the potential for market growth is substantial. In the Americas, a robust clinical trials ecosystem thrives; in the European Union, it has unified regulatory standards and extended to emerging regions such as the Middle East, Africa, and the APAC countries; the demand for such innovative solutions is on a steep rise. This demand is fueled by governmental support, the evolving regulatory landscape, and strategic partnerships to embed these solutions within electronic health records, underscoring a global movement toward optimizing clinical trial processes to better cater to specific patient demographics.
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“The Rise of Virtual Trials and Advanced Matching Software”
The healthcare landscape is witnessing a transformative shift toward virtual clinical trials, fueled by technological advancements and the necessity for continuity during the COVID-19 pandemic. This transition supports research amid social distancing measures and introduces significant cost savings by reducing the need for physical infrastructure and in-person interactions. The efficiencies brought by electronic health records (EHR), wearable technologies, and automation streamline the entire process, from patient recruitment to data analysis. Several approaches, endorsed by regulatory bodies such as the FDA, represent a leap forward in making clinical trials more accessible and streamlined, ensuring that more patients can participate in potentially life-saving research without the geographical and logistic constraints of traditional trials.
“Enhancing Clinical Trials through Advanced Analytics, Rigorous Compliance, and Precision-Patient Matching”
Integrating advanced analytics, meticulous compliance monitoring, and precision-patient matching marks a significant advancement toward maximizing efficiency and fostering trial diversity. The software delivers insightful data on trial progress, participant demographics, and enrollment figures, empowering stakeholders to make well-informed decisions and optimize resource distribution to meet trial goals effectively by implementing cutting-edge analytics. The built-in compliance feature ensures trials are conducted in strict adherence to regulatory standards, minimizing risks associated with non-compliance. Furthermore, a robust data management system guarantees the integrity and availability of clinical trial data, which is critical for the seamless operation and real-time analysis of trials. The software includes state-of-the-art patient matching technology, which employs sophisticated algorithms and artificial intelligence to expedite recruitment by accurately identifying candidates who match specific trial requirements. This innovative approach accelerates the recruitment timeline and enhances the diversification of trial participants, paving the way for more inclusive and representative clinical research outcomes.
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“Medidata by Dassault Systèmes SE at the Forefront of Clinical Trials Matching Software Market with a Strong 11.30% Market Share”
The key players in the Clinical Trials Matching Software Market include International Business Machines Corporation, Science 37, Inc. by eMed, LLC, Medidata by Dassault Systèmes SE, AutoCruitment LLC, Deep 6 AI Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Clinical Trials Matching Software Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Clinical Trials Matching Software Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Clinical Trials Matching Software Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
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“Dive into the Clinical Trials Matching Software Market Landscape: Explore 190 Pages of Insights, 286 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsClinical Trials Matching Software Market, by FunctionalityClinical Trials Matching Software Market, by DeploymentClinical Trials Matching Software Market, by End-UseAmericas Clinical Trials Matching Software MarketAsia-Pacific Clinical Trials Matching Software MarketEurope, Middle East & Africa Clinical Trials Matching Software MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/clinical-trials-matching-software
Related Reports:
Clinical Trial Support Services Market – Global Forecast 2024-2030Virtual Clinical Trials Market – Global Forecast 2024-2030Clinical Trials Management System Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
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BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.
After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Artificial Intelligence
Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost
SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.
“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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