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Personalized Skincare Market Worth USD 43.43 Billion to 2031 | Know in Detail with Latest InsightAce Survey Report

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Jersey City, NJ, May 02, 2023 (GLOBE NEWSWIRE) — The newly published report titled Global Personalized Skincare Market– By Trends, Industry Competition Analysis, Covid-19 Analysis, Revenue (US$ Billions) and Forecast Till 2031. of InsightAce Analytic showcases in-depth industry analysis and an extensive study on the market forecast, exploring its significant factors.

“According to the latest published InsightAce market report, Personalized Skin Care Market Size was valued at 18.55 Billion in 2022 & is predicted to reach 43.43 Billion by 2031 at a 10.1 % CAGR during the forecast period for 2023-2031”.

Every person’s skin type is different, so instead of the usual way of shopping, consumers need a medication tailored to their own needs. Personalized skincare products are designed and customized, taking into account various factors such as age, gender, skin type, genetic background, ingredients, skin problems, and user experience. Beauty companies collect consumer information in the form of questions, queries, consultations, digital format, or home inspection tools and use advanced technology and science to provide the most popular personalized skincare products. These products contain a variety of skincare options, including oils, face creams, lotions, serums, cleansers, and more.

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The technological advances in the beauty industry, adoption of the Internet and social media platforms by users to market products, high prevalence of skin and lifestyle diseases worldwide, increasing people’s choice in personal health care, rising consumer spending, rising R&D activities to develop advanced skincare products, surging personalized beauty treatments and products, and the use of AI (Artificial Intelligence) to develop cost-effective personalized skincare products are expected to drive the market growth opportunities in the coming years. The proliferation of skin, hair, and lifestyle changes has made consumers eager to find solutions to their specific skin problems. Therefore, growing consumer awareness about skincare is expected to fuel the market demand over the next few years. However, the high rates of customized skincare products and the few side effects associated with these products are estimated to slow down market growth over the forecast period.

The COVID-19 pandemic has had a negative impact on the beauty and cosmetics industry due to lockdown restrictions in various countries across the globe. However, Covid-19 has also encouraged the entire beauty industry to move online. The Covid-19 pandemic has accelerated existing consumer trends and propelled online activities to be more prevalent than offline activities, which produced the desires for various products in the consumers.

Key Industry Developments from Leading Players:

  • In November 2021, Coty Inc. (US), the world’s largest beauty company, collaborated with Orveda, an ultra-premium skincare brand made in France. The diversity-owned Haute-professional skincare offers the combination of the best of nature with cutting-edge dermatological and biotechnology benefits to help consumers achieve a healthy skin glow that rivals makeup
  • In August 2021, Function of Beauty (US), a leader in customizable hair, skin, and body care products, acquired Atolla, a personalized skincare company with a patented at-home skincare test and a data-driven product recommendation system that helps inform tailored formulations and regimens over time
  • In January 2021, Marianna Naturals Corp. (Canada) and Perfect Corp. launched a real-time skin diagnostic tool that analyzes four popular beauty concerns: spots, wrinkles, texture, and dark circles

The prominent players in the personalized skincare industry include:

  • Atolla (the US)
  • Ave & Edam (Germany)
  • Bare Anatomy (India)
  • Clinique Laboratories, LLC (the US)
  • CODAGE (France)
  • Coty Inc. (the US)
  • Curology, Inc. (the US)
  • DermaCare (the US)
  • Evrēdā Skincare (Canada)
  • FitSkin Inc (the US)
  • Function of Beauty (the US)
  • Glory Skincare (the US)
  • insitU Cosmetics Ltd. (UK)
  • IOMA Paris (France)
  • It’s The Buff (the US)
  • Kiehl’s LLC (the US)
  • Kura Skin, Laboté (the US)
  • Lancôme (France)
  • L’Occitane Group (France)
  • L’Oréal, Marianna Naturals Corp. (Canada)
  • My Beauty Matches (UK)
  • Neutrogena (the US)
  • Romy Paris (France)
  • Sequential Skin (UK)
  • Shiseido Company (Japan)
  • Skin Authority (the US)
  • Skin Inc. (Singapore)
  • SkinAI LLC (Our Skin) (the US)
  • SkinCeuticals (the US)
  • Skinsei Skincare (the US)
  • SKINSHIFT (the US)
  • SKINTELLI (the US)
  • EpigenCare (the US)
  • Vitruvi (Canada)
  • Younique, LLC (the US)
  • Yours Skincare (the US)

Personalized Skin Care Market Report Scope:

Report Attribute Specifications
Market Size Value In 2022 USD 18.55 Billion
Revenue Forecast In 2031 USD 43.43 Billion
Growth Rate CAGR CAGR of 10.1 % from 2023 to 2031
Quantitative Units Representation of revenue in US$ Billion and CAGR from 2023 to 2031
Historic Year 2019 to 2022
Forecast Year 2023-2031
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered By Product, By Application
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Personalized Skincare MarketRegional Analysis:

North America is projected to hold the highest revenue share of the personalized skincare market over the forecast years due to the rising awareness among the population about personal care, growing healthcare expenditure, and increasing innovations of personalized skincare products. Apart from this, Asia-pacific is estimated to be the rapidly growing regional market in the coming years, owing to the rising health-conscious people, growing skin problems, and increasing R&D investments to innovate effective and safe skincare products.

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The Global Personalized Skincare Market Segments:

The Global Personalized Skincare Market Estimates (Value US$ Billion) & Forecasts and Trend Analyses, 2019 to 2030 based on Products

  • Face Cream
  • Moisturizing Lotion
  • Face Serum
  • Face Cleanser
  • Other Products

The Global Personalized Skincare Market Estimates (Value US$ Billion) & Forecasts and Trend Analyses, 2019 to 2030 based on Applications

  • Consultation/digital questionnaires
  • Apps and specialized hardware
  • Home test kits
  • Other IoT/AI Based technologies

The Global Personalized Skincare Market Estimates (Value US$ Billion) & Forecasts and Trend Analyses, 2019 to 2030 based on Region

  • Europe
  • North America
  • Latin America
  • Asia Pacific
  • Middle East & Africa

North America Personalized Skincare Market Estimates Revenue (US$ Billion) by Country, 2019 to 2030

  • U.S.
  • Canada

Europe Personalized Skincare Market Estimates Revenue (US$ Billion) by Country, 2019 to 2030

  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

Asia Pacific Personalized Skincare Market Estimates Revenue (US$ Billion) by Country, 2019 to 2030

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Personalized Skincare Market Estimates Revenue (US$ Billion) by Country, 2019 to 2030

  • Mexico
  • Rest of Latin America

The Middle East & Africa Personalized Skincare Market Estimates Revenue (US$ Billion) by Country, 2019 to 2030

  • GCC Countries
  • South Africa
  • Rest of the Middle East & Africa

Get Customized Report @ https://www.insightaceanalytic.com/customisation/1165

About Us:

InsighAce Analytic is a specializing in market research and consulting services that helps in building business strategies. Our mission is to provide high quality insights with using data analytics techniques and visualization tools that drives the disruption and innovation in market research industry. Our expertise is in providing syndicated and custom market intelligence reports with in-depth analysis and key market insights in a timely and cost-effective manner.

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Artificial Intelligence

Automotive Digital Cockpit Domain Controller Power Expected to Double by 2030

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NEW YORK, March 28, 2024 /PRNewswire/ — The lengthening lifecycle of vehicles is driving automotive Original Equipment Manufacturers (OEMs) to plan several years of customer support through regular Over-the-Air (OTA) updates. Achieving this requires a digital Cockpit Domain Controller (CDC) with an architecture that supports long-term updating and maintenance. According to a new report from global technology intelligence firm ABI Research, the computing power of the CDC will increase significantly over the next few years, with graphical computing power and deep-learning processing power (for AI-powered functions) expected to double by 2030 for an average mid-market CDC.

OEMs are beginning to plan for several years of support, both in software patches and bug fixes, and for delivering new added value features to the driving experience. “This support and feature roadmap requires a hardware and software architecture that supports the continuous updating of vehicles over time. OEMs need a system that accommodates quick, targeted updates by shipping vehicles with planned overhead in computing power, software containerization, and robust hypervisors. These can be accommodated by silicon vendors such as NVIDIA or Qualcomm with their suite of high-powered System-on-Chips (SoCs), along with hypervisor and software specialists such as Blackberry QNX. The ecosystem hasn’t fully adjusted to OTA updates in mixed-criticality systems like the digital cockpit domain controller yet, with most OEMs speculating about the level of computing power that is needed for several years of support and few going to their silicon and tier-one partners with roadmaps of planned features,” explains Abu Miah, Smart Mobility and Automotive Analyst at ABI Research.
The computing power of the CDC will increase significantly over time. The Tera Floating-Point Operations per Second (TFLOPS) of an average mid-market CDC is expected to rise from 1 TFLOPS in 2023 to 2.5 TFLOPS by 2030. Miah adds, “One of the primary drivers of this increase is the implementation of a larger number of higher resolution screens in the vehicle to accommodate new high-end gaming and video-on-demand features.”
Building a ‘future-proofed’ CDC is not as simple as throwing compute power at the vehicle. “OEMs, tier ones, and silicon vendors must all work toward an ecosystem of hardware and software agnosticism, modular architecture, and collaborative software development if they are to match customers’ expectations of updates, patches, and bug fixes from the consumer electronics space,” Miah concludes.
These findings are from ABI Research’s Future-Proofing Digital Cockpit Domain Controllers application analysis report. This report is part of the company’s Smart Mobility and Automotive research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present an in-depth analysis of key market trends and factors for a specific technology.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info: 
GlobalDeborah Petrara Tel: +1.516.624.2558 [email protected] 
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Artificial Intelligence

ACL Digital in Collaboration with AWS and Infineon to Participate at Embedded World 2024

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SAN JOSE, Calif., March 28, 2024  /PRNewswire/ — ACL Digital, an ALTEN group company, is a pioneer in design-led digital experience, innovation, enterprise IT modernization, and product engineering services, announced that ACL Digital, in collaboration with AWS and Infineon, is going to showcase its AWS IoT & Cloud capabilities at Embedded World 2024, Hall 4 (Booth #4-552) from April 9 to April 11 in Nuremberg, Germany.

ACL Digital, a top-tier AWS Services partner, propels organizations of all sizes to navigate digital transformation to accelerate time-to-market. The company provides comprehensive support, from adopting to modernizing IT infrastructure on AWS. By leveraging expertise in architecture, security, migration, and operations, ACL Digital unlocks the full potential of AWS, streamlining IoT and cloud journeys and fast-tracking business growth and innovation.
The AWS Advanced Tier partnership enables ACL Digital to leverage AWS expertise, its robust support ecosystem and best practices to deliver customer delight.
ACL Digital offers visitors at Embedded World 2024 a chance to experience the exclusive demo of a Smart Stove Solution, built by leveraging the AWS Cloud and Infineon platform and how it has added value to our customers.
With over 100 AWS-certified experts, ACL Digital empowers clients to achieve breakthrough results in their digital transformation. Also, the leading digital transformation company supports global clients in navigating the complexities of cloud implementation, migration and digital transformation with ease and helping them unlock new growth opportunities.
About AWS
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 105 Availability Zones within 33 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in Malaysia, New Zealand, Thailand, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit https://aws.amazon.com .
About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 58,600 employees worldwide and generated revenue of about €16.3 billion in the 2023 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY). To learn more about Infineon, visit https://www.infineon.com/
About ACL Digital
ACL Digital an ALTEN Group Company, is a digital product innovation and engineering leader. We help our clients design and build innovative products (AI, Cloud, and Mobile ready), content and commerce-driven platforms, and connected, converged digital experiences for the modern world through a design-led Digital Transformation framework.
Headquartered in Silicon Valley, ACL Digital is a leader in design-led digital experience, innovation, enterprise modernization, and product engineering services converging to Technology, Media & Telecom. The company has a workforce of 57,000+ spread across more than 30+ countries.

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Gilbarco Veeder-Root champions fuel efficiency, clean fuels and diesel rebate solutions in mining

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JOHANNESBURG, March 28, 2024 /PRNewswire/ — Global leader in technology solutions OEM Gilbarco Veeder-Root (GVR) is dedicated to enhancing operational performance by delivering comprehensive end-to-end wetstock, industrial, mining, and business-to-business solutions, all tailored to meet the specific needs of the customer.

 
 
By encompassing every aspect of mining operations, GVR commercial and industrial Middle East and Africa director Westtar Kapito says, “the company is setting new benchmarks for fuel efficiency, safety and sustainability within the mining industry”.
As part of a holistic approach to mining excellence, Kapito explains that Gilbarco’s integrated fuel and fleet management technology solutions are designed to address the multifaceted challenges of the mining industry.
Some of these facets include wetstock control, equipment maintenance and management, fleet management and automation, compliance monitoring and environmental sustainability, as well as driving productivity and profitability through innovation.
In addition, the introduction of Gilbarco’s clean fuel solution exemplifies the company’s commitment to maintaining equipment integrity and performance.
This technology, GVR says, monitors in real-time the status of up to 16 “clean fuels” key performance matrices, thereby ensuring that dirty fuel is flagged and not transferred into mining equipment which would affect engines and injectors and thus lower productivity.
Gilbarco’s comprehensive site automation solutions empower mining companies with critical data analytic insights, facilitating efficient monitoring and management of fleet and fuel inventory. Gilbarco’s dataFLEX360 platform plays a pivotal role, offering near real-time reporting and analytics to drive informed decision-making and operational agility.
dataFLEX360 is a Web-based, cloud-hosted strategic operational insights platform. The system ensures accurate, reliable and relevant reporting of all fuel, fleet and asset transactions, and provides for proactive corrective measures to reduce complex reporting and gives a consolidated and comprehensive view across all sites and assets.
With reconciliations at its core, dataFLEX360 provides solution accuracy on operational data.
Integral to the company’s solutions is compliance with Global Industry Standards and environmental stewardship, from leak detection to vapour recovery and clean fuel technologies. Gilbarco’s products are designed to ensure compliance and minimise the carbon footprint of mining operations.
Additionally, through the company’s innovative telematics technology and the data generated, it can systematically and seamlessly generate South African Revenue Services- (SARS-) compliant fuel rebate reports for any selected tax period.  
GVR’s technology provides a full audit trail required for eligibility for SARS rebates, and its reporting platform simplifies logbook and data gathering required, enabling successful rebate claims and return on investment.
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