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Nutraceutical Excipients Market is expected to hit USD 6.6 Bn by 2029 at a CAGR of 6.97 percent – says Maximize Market Research

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Pune, May 18, 2023 (GLOBE NEWSWIRE) — Maximize Market Research, a global healthcare research and business-consulting firm has recently released a comprehensive market intelligence report titled “Nutraceutical Excipients Market” The report offers a conscientious analysis of the Nutraceutical Excipients Market using a combination of primary and secondary data sources and insights from domain experts. It presents a comprehensive outlook of the market at both regional and global levels. According to Maximize Market Research, the Nutraceutical Excipients Market is expected to exhibit a robust growth trajectory, with the market value expected to increase from USD 4.12 billion in 2022 to USD 6.6 billion by 2029, representing a notable compound annual growth rate of 6.97 percent over the forecast period.

Nutraceutical Excipients Market Report Scope and Research Methodology

Market Size in 2022 USD 4.12 Bn.
Market Size in 2029 USD 6.6 Bn.
CAGR 6.97 percent (2023-2029)
Forecast Period 2023-2029
Base Year 2022
Number of Pages 273
No. of Tables 114
No. of Charts and Figures 113
Segment Covered Type and Form, and Application
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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• Nutraceutical Excipients Market report consists of quantitative Analysis such as analyzing numerical data such as production volumes, market size, and growth rates to identify patterns and trends. In addition, qualitative analysis involves non-numerical data such as consumer preferences, market perception, and industry trends to gain insights into the market.

• Primary research involves gathering data through primary sources such as interviews with industry experts, company representatives, and end-users to gain insights into the market dynamics, demand, and supply patterns, and emerging trends. Secondary Research involves gathering data from secondary sources such as reports, company websites, industry journals, and government publications to estimate market size and market shares.

• The report is carved using analytical tools such as SWOT analysis, Porter’s Five Forces analysis, and PESTEL analysis used to conduct the market analysis. This report provides a 360-degree aspect of the Nutraceutical Excipients Market.

Nutraceutical Excipients Market Overview

Autologous hematopoietic stem cell transplantation is a medical procedure wherein a patient receives healthy blood-forming cells (stem cells) from a donor to replace their own stem cells that have been compromised or destroyed due to radiation treatment or high doses of chemotherapy. The process involved extensive collection of primary and secondary data from diverse sources, such as industry experts, therapists, medical journals, regulatory bodies, and company reports. Rigorous analysis of the collected data was conducted utilizing various statistical tools and techniques, encompassing both quantitative and qualitative assessments of the market. This analysis entailed evaluating the market size, growth rate, market share, and market trends. To predict the future growth of the Nutraceutical Excipients market, historical data was meticulously examined alongside an analysis of prevailing market trends and growth drivers. Additionally, the report provides a comprehensive examination of the competitive landscape of the Nutraceutical Excipients market, encompassing market share, competitive strategies, and product portfolios of key market players.

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Nutraceutical Excipients Market Dynamics

The global Nutraceutical excipients market is expected to experience high growth during the forecast period, thanks to the increasing demand for functional and fortified food products that cater to consumers’ nutritional requirements. As the market becomes more health-conscious, and seeking food items that provide additional health advantages. This growing trend is expected to drive the demand for nutraceutical excipients, which are essential ingredients utilized in the production of functional products. Another factor boosting the growth of the market is the rising demand for preventive healthcare. With the prevalence of chronic diseases like obesity, diabetes, and heart disease continuing to rise. Also, an increasing number of people turning to their functional foods as dietary supplements and functional foods are anticipated to grow.

The global nutraceutical excipients market presents several opportunities such as increasing demand for clean-label and plant-based products. As consumers become more health conscious, they are progressively looking for food products devoid of artificial additives and preservatives. This trend is expected to drive the demand for the nutraceutical market. The current market customer base is getting increasingly aware of their nutritional need and seeking personalized nutrition to fulfill their requirements. This will be a major boost and is expected to create new opportunities in the market. Another key point for nutraceutical excipient manufacturers is the development of more efficient and cost-effective production processes, which can be achieved by reducing production costs, profitability, etc.

The regulatory framework governs the use of nutraceutical excipients, as the ingredients are incorporated into products intended for human consumption. In addition, compliance with these regulations is time-consuming and expensive, limiting market entry and growth opportunities. Also the availability and cost of raw materials, as the availability susceptible to factors like weather conditions, environmental changes, and geopolitical issues. Consequently, the fluctuations in the cost and supply of raw materials rise major constraints for the market. The global nutraceutical excipients market also faces several challenges and heavy competition from alternative ingredients such as probiotics, prebiotics, and enzymes. The lack of standardization and quality control poses a significant challenge for the nutraceutical excipients market.

Nutraceutical Excipients Market Regional Insights

North America and Europe are the primary markets for nutraceutical excipients, constituting a substantial portion of the global market. The market in regions is primarily driven by several factors, including the escalating prevalence of chronic diseases, growing demand for organic and natural products, and the availability of advanced technology for nutraceutical product manufacturing.

The Asia Pacific region is projected to exhibit the highest growth rate throughout the forecast period. The growth is attributed to the increasing awareness regarding health benefits associated with nutraceutical products, the presence of a substantial population base, rapid urbanization, and heightened investments in the healthcare sector contribute to the growth of the Asia Pacific region.

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Nutraceutical Excipients Market Segmentation

By Type:

  • Binders
  • Fillers & Diluents
  • Disintegrants
  • Coating Agents
  • Flavouring Agents & Sweeteners
  • Lubricants
  • Others

By Form:

  • Dry Excipients
  • Liquid Excipients        

By Application:

  • Dietary Supplements
  • Functional Foods
  • Pharmaceuticals

Dietary supplements are the largest segment, followed by functional foods and pharmaceuticals. The demand for dietary supplements is driven by the increasing prevalence of chronic diseases and the growing awareness regarding the health benefits of nutritional supplements.

Key Competitors include:

  • Ashland Global Holdings Inc. (US)
  • DuPont (US)
  • Ingredion Incorporated (US)
  • Archer Daniels Midland Company (US)
  • Sensient Technologies Corporation (US)
  • BASF SE (Germany)
  • Brenntag AG (Germany)
  • Evonik Industries AG (Germany)
  • Lonza Group Ltd. (Switzerland)
  • Roquette Frères (France)
  • Kerry Group PLC (Ireland)
  • Tate & Lyle plc (UK)
  • Associated British Foods plc (UK)
  • IMCD BV (Netherlands)
  • Corbion NV (Netherlands)
  • Ajinomoto Co., Inc. (Japan)
  • Huachang Group Co., Ltd. (China)
  • Jubilant Life Sciences Limited (India)
  • SABIC (Saudi Arabia)
  • Gulf Pharmaceutical Industries (Kuwait)
  • Al-Kharafi Group (Kuwait)
  • ADM do Brasil Ltda. (Brazil)
  • Ingredion Brasil Ltda. (Brazil)
  • Kerry Ingredients do Brasil Ltda. (Brazil)
  • Raízen Energia S.A. (Brazil)
  • Ezz Dekheila Company for Food Industries (Egypt)

The nutraceutical excipients market structure creates a highly competitive environment, with players competing on price, quality, and innovation to gain a larger market share. DuPont acquired Colorcon, a supplier of colorants and specialty ingredients for the food, beverage, and pharmaceutical industries. This acquisition gives DuPont a strong position in the nutraceutical excipients industry, as Colorcon used in a wide range of nutraceutical products. Also in 2023, Kerry Group acquired Ingredion’s Health & Nutrition business, which helps Kerry Group to get the leading position in the nutraceutical excipients market.

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Key questions answered in the Nutraceutical Excipients Market are:

  • What was the Nutraceutical Excipients Market size in 2022?
  • What is the Nutraceutical Excipients Market?
  • What is the expected Nutraceutical Excipients Market size during the forecast period?
  • Which region dominates the largest market share in the Nutraceutical Excipients Market?
  • What are the global trends in the Nutraceutical Excipients Market?
  • What are the major restraints for the Nutraceutical Excipients Market?
  • What are the upcoming industry applications and trends for the Nutraceutical Excipients Market?
  • Which segment dominated the Nutraceutical Excipients Market growth?
  • What is the demand pattern for the Nutraceutical Excipients Market?
  • Nutraceutical Excipients Market?
  • Who are the leading companies and what are their portfolios in Nutraceutical Excipients Market?
  • What growth strategies are the players considering to increase their presence in

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, Organization Size, Application, and Industry Vertical
  • Market Segmentation – A detailed analysis by Type, Form, and Application
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Healthcare research firm, has also published the following reports:

Nutraceutical MarketThe market size is expected to reach USD 303.25 Bn by 2029 at a CAGR of 7.2 percent during the forecast period. The market is expected to be driven by a growing global burden of chronic illnesses.

Functional Beverages Market The market size is expected to reach USD 233.25 Bn by 2029 at a CAGR of 7.47 percent during the forecast period. The market is expected to be driven by increased consumer health awareness, demand for convenient beverage options, and growth in disposable income.

Nutrition Product Market The market size is expected to reach USD 622.7 Bn by 2029 at a CAGR of 6.4 percent during the forecast period. The market is expected to be driven by nutrition products that cater to a wide range of health concerns, from weight management to overall wellness.

Collagen and Gelatin Market– The market size is expected to reach USD 1480 Bn by 2029 at a CAGR of 7.8 percent during the forecast period. The rising prevalence of Osteoporosis among individuals is driving the growth of the market.

Collagen Supplements Market The market size is expected to reach USD 3.54 Bn by 2029 at a CAGR of 6.9 percent during the forecast period. One-third or 38% of people have shifted gradually towards the health and wellness sector which is the major driver for the market.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


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Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT

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HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.

Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
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Overseas Expansion Strategy of K-OTT Introduced in France, KOCCA holds the ‘2024 Korea-France Content Forum’

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– The ‘Korea-France Content Forum’ held to establish the Foundation for K-OTT’s oversea expansion
PARIS, May 24, 2024 /PRNewswire/ — The Ministry of Culture, Sports and Tourism (Minister Yu In-chon) and the Korea Creative Content Agency (President, Jo Hyun-rae, hereafter KOCCA) held the ‘2024 Korea-France Content Forum’ on May 24th during the Korea Expo in Paris, France.

The ‘2024 Korea-France Content Forum’ featured a keynote session (K-OTT’s Strategies in Global market) presenting K-OTT’s strategies for international expansion and a roundtable session (Strategies in the Era of Streaming) discussing the growth of OTT platforms and collaborative approaches with production companies.
The forum featured participation from various industry leaders including Kun hee Park (CEO, Wavve Americas), Sangjin Lee (Head of content IP Business, LG U+), Seung ae Sohn (Executive Director, Showbox), Ji ae Sohn (Ambassador for Cultural Cooperation), Moonju Kim (General Director, France Business Center, KOCCA), Isabelle Degeorges (President, Gaumont Television France) which produced the French Netflix original series, participated.
Strategy announcement by Wavve Americas (KOCAWA), the first K-OTT’s launched in Europe
During the Keynote Session, Park Kun Hee – CEO of Wavve Americas, the first domestic OTT Platform to launch services in Europe, Took the stage to discuss the international expansion strategy of KOCOWA, which started offering services in 39 countries including Europe since April of this year. Following this, Lee Sangjin, Head of Content IP Business of LG U+, presented the expansion strategy of LG U+ Mobile TV, encompassing diverse original content.
During the round-table session, participants shared thoughts and solutions regarding the survival strategies of local OTT platforms and production companies amidst the rapid waves of change brought about by the emergence of global OTT platforms.
In particular, through this forum, we were able to observe the proactive implementation of IP protection policies by local production companies in France, aimed at sustainable content creation. Isabelle Degeorges, CEO of Gaumont Television France, noted, “With the introduction of the European Audiovisual Media Services Directive (AVMSD), platforms and production companies can share IPs three years after supplying the content.” Kim Moon-joo, Director of the Korea Creative Content Agency’s France Business Center, participated as a panelist, introducing policies aimed at enhancing the competitiveness of K-OTT and fostering collaboration with production companies.
Park Kun Hee, CEO of Wavve Americas, who participated in the event, stated, “It was a meaningful opportunity to introduce our platform locally in Europe in line with KOCOWA’s expansion into the region”. Additionally, Kyoungbon Koo, Director Broadcasting & Video Content Division at KOCCA commented, “It was a meaningful occasion to not only introduce K-OTT’s strategies to Europe but also to exchange ideas on collaboration between Korea and France. We will continue to focus on activating various forms of collaboration with major international partners in the future”.
KOCCA supports the overseas expansion of excellent domestic OTT content and platforms through the newly established Local OTT Specialized Support Program this year. This initiative aims to enhance the competitiveness of domestic OTT platforms and content by adapting to the changing industrial environment.
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IoT Node and Gateway Market worth $604.7 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, May 24, 2024 /PRNewswire/ — The IoT Node and Gateway market is projected to grow from USD 424.6 billion in 2024 and is estimated to reach USD 604.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of the IoT Node and Gateway market is driven by the Provision of increased IP address space through IPv6, Emergence of 5G technology, and Increasing need for data centers.

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Browse in-depth TOC on “IoT Node and Gateway Market”
410 – Tables70 – Figures390 – Pages
IoT Node and Gateway Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 424.6 billion
Estimated Value by 2029
$ 604.7 billion
Growth Rate
Poised to grow at a CAGR of 7.3%
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 Hardware, End-use Application and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Requirement for wireless spectrum and licensed spectrum
Key Market Opportunities
Accelerated IoT adoption in healthcare sector
Key Market Drivers
Rising use of wireless smart sensors and networks
By Hardware, the Logic Devices are projected to grow at a high CAGR of IoT Node and Gateway market during the forecast period.
Logic devices can adapt to changing requirements even after deployment. As new features or functionalities are needed, the logic within the device can be reprogrammed to accommodate these changes, extending the useful life of the product and reducing the need for hardware revisions. The integration of FPGA technology into IoT devices further enhances these advantages. The integration of FPGAs into IoT nodes and gateways empowers manufacturers to develop highly optimized, customizable, and scalable solutions that meet the diverse needs of IoT applications. Tesla’s Full Self-Driving (FSD) computer utilizes FPGAs to handle complex neural network computations for autonomous driving algorithms. This allows them to potentially improve their FSD capabilities through software updates that reconfigure the logic within the FPGAs.
BFSI segment in IoT Node and Gateway Market is projected to grow at a highest CAGR during the forecast period.
BFSI sector can use IoT technology to provide more convenient solutions for customers. IoT can be used to perform data collection in real time and for instant communication between devices. For instance, it can facilitate cashless payments using an RFID scanner to identify products in the shopping cart and mobile wallet. The adoption of mobile point of sale (mPOS) systems and kiosks is fundamentally reshaping the landscape of the BFSI market. mPOS facilitates transactions anytime, anywhere, benefiting unbanked populations and enabling temporary service points for events. Kiosks offer convenient banking functionalities, reducing wait times and freeing up staff for complex inquiries. These technologies drive cost savings by requiring less investment and automating routine tasks, allowing resources to be reallocated strategically. They provide rich data for personalized services, fraud detection, and operational optimization. mPOS systems and kiosks promote financial inclusion by extending services to remote areas, fostering economic activity and well-being.
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North America accounts for the largest share in IoT Node and Gateway Industry.
The North American IoT market is poised to grow, driven by government efforts to transition cities into smart urban centers. The growing need for sophisticated IoT solutions, fueled by the widespread availability of high-speed data, will further propel market expansion in this region. Furthermore, North America’s dynamic IoT node and gateway ecosystem features established players like Intel Corporation (US), Texas Instruments Incorporated (US), Dell (US), and Cisco Systems (US), driving competition, innovation, and affordability. Increasing research and development at industry levels is broadening the application areas of IoT in various industries, such as retail, consumer electronics, automotive and transportation, and healthcare, especially in the US. The increased demand for effective solutions and focus on early, accurate, and fast diagnosis of diseases has led to huge investments in technological developments in the healthcare sector.
Key Players
Key companies operating in the IoT Node and Gateway companies are Intel Corporation (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Huawei Technologies Co., Ltd. (China), NXP Semiconductors N.V. (Netherlands), Cisco Systems, Inc. (US), Hewlett Packard Enterprise Development LP (US), TE Connectivity Ltd (Switzerland), Advantech Co., Ltd. (Taiwan), Dell Technologies (US), among others.
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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
Related Reports: 
IoT Technology Market by Node Component (Sensor, Memory Device, Connectivity IC, Processor, Logic Devices), Software Solution (Remote Monitoring, Data Management), Platform, Service, End-use Application, Geography – Global Forecast to 2029
Industrial IoT Market Size, Share & Industry Growth Analysis Report by Device & Technology, Connectivity Type, Software, Vertical (Manufacturing, Energy, Oil & Gas, Healthcare, Retail, Transportation, Metals & Mining, Agriculture), and Geography – Global Growth Driver and Industry Forecast to 2026
Internet of Robotic Things Market (IoRT) by Component (Sensor, Power, Control), Service (Professional, Managed), Platform (Device, Application, Network), Software (Analytics, Data, Security, Monitoring, Bandwidth), Application – Global Forecast to 2022
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact: Mr. Aashish MehraMarketsandMarkets™ INC. 630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/iot-gateway-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/iot-gateway.asp
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