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Global Safe Deposit Box Services Market to Surpass USD 11.8 Bn By 2031| Growth Market Reports

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PUNE, India, June 23, 2023 /PRNewswire/ — According to a recent market study published by Growth Market Reports, titled, “Global Safe Deposit Box Services Market Segments – by Payment Type (Monthly, Quarterly, Bi-Annually, Annually), by Box Size (Small, Medium, Large), by Application (Personal, Commercial), and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031”, the market size was USD 9.6 Bn in 2022 and is expected to surpass USD 11.8 Bn expanding at a CAGR of 2.4% by the end of 2031. Increasing awareness about the safety and security of valuables is projected to propel the market in the coming years.
Key Market Players Profiled in the Report
JP Morgan Chase & Co.Bank of America CorporationWells FargoBANK OF CHINA (HONG KONG) LIMITEDChina Construction Bank (Asia) Corporation LimitedDiebold Nixdorf IncorporatedChina Minsheng Banking Corp., LtdKUWAIT FINANCE HOUSESNBFirst Abu Dhabi Bank PJSCMySafeHAB BankSQN Banking SystemsValley State BankLiberty BankBank of CoushattaHuron Valley State BankDownload PDF Sample here:  https://growthmarketreports.com/request-sample/5322
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, which include payment type, box size, applications, and competitor analysis.
This report also includes a complete analysis of industry players and covers their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping market players to expand their market share.
For Any Questions on This Report: https://growthmarketreports.com/enquiry-before-buying/5322
Regional Highlights:
On the basis of region, the global safe deposit box services market is classified as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is anticipated to dominate the global market, as India and China-based banks are providing discounts on safe deposit boxes. Moreover, growing concerns to keep belongings safe among the older population are likely to fuel the regional market.
To Buy the Complete Report: https://growthmarketreports.com/report/safe-deposit-box-services-market-global-industry-analysis
Key Takeaways from the Study:
Safe deposit box service is a bank locker service provided by banks that safeguard valuables at a bank. It is much safer than home safes.Safe deposit box service has storage facilities, which allow customers to rent out their safe deposit boxes to take care of belongings including personal and corporate belongings.Increasing rate of robbery is likely to boost the demand for safe deposit box for storing valuable items.Rising insurance policies from financial organizations to cover loss related to safe deposit boxes are expected to drive the market in the coming years.Technological advancements, such as biometrics and keyless systems to enhance security are expected to create lucrative opportunities in the safe deposit box service market.The annual payment type segment is projected to expand at a considerable CAGR during the forecast period, due to the growing need for long-term storage of belongings that are not used regularly.The small box segment is anticipated to hold a major share of the market, as it allows customization according to the customer’s needs and can be used on a daily basis.The personal segment is expected to dominate the market during the projected period, owing to increasing security concerns regarding the theft of personal belongings.Read 216 Pages Research Report with Detailed TOC on “Safe Deposit Box Services Market Segments – by Payment Type (Monthly, Quarterly, Bi-Annually, Annually), by Box Size (Small, Medium, Large), by Application (Personal, Commercial), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast, 2023 – 2031”
Get Full Access to this Report: https://growthmarketreports.com/checkout/5322
Key Segments Covered
Payment Type
MonthlyQuarterlyBi-AnnuallyAnnuallyBox Size
SmallMediumLargeApplication
PersonalCommercialRegion
North AmericaEuropeAsia PacificLatin AmericaMiddle East & AfricaOther Related Reports:
Global Banking, Financial Services and Insurance (BFSI) Security Market by Information Security (Services [Managed Security Services, Integration & Maintenance Services, and Consulting & Training Services] and Software [Firewall, Identity Access Management, Security & Vulnerability Management, Unified Threat Management, Antivirus & Antimalware, Data Loss Protection, Disaster Recovery, and Encryption]), Physical Security (Services [Managed Security Services, Integration & Maintenance Services, and Consulting & Training Services] and Software [Access Control, Intrusion & Fire Detection, Physical Security Information Management, and Video Surveillance]), End-users (Insurance Companies and Banking), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028Global Domestic Safety Locker Market by Type (Electronic Safety Lockers, Non-electronic Safety Lockers), By Application (Home, Office, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030Global Safety Locker Market by Distribution Channel (Online Shops, Brand Owned Retail Unit), by Application (Commercial, Household), by Type (Electronic safety lockers, Non-electronic safety lockers) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028Global Professional Safe Boxes Market by Type (Mechanical Safe, Electric Safe), By Application (Commercial Use, Home Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030About Growth Market Reports:
Growth Market Reports provides global enterprises as well as small & medium businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. Growth Market Reports has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, and secondary research & consumer surveys.
Contact:
Alex Mathews7th Floor, Siddh Icon,Baner Road, Baner, Pune.Maharashtra – 411045. India.Phone: +1 909 414 1393Email: [email protected]: https://growthmarketreports.com
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World Top-Performing Incubator Conference 2024 Held in Lingang Shanghai, China

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SHANGHAI, Oct. 1 2024 /PRNewswire/ — The World Top-Performing Incubator Conference 2024 (WTIF 2024), one of the series activities of Pujiang Innovation Forum, themed “Boundless Innovation, Collaborative Synergy”, was held in Lin-gang Special Area, Shanghai from September 26th to 28th, 2024.

During the opening ceremony, Zhao Chaofan, Director General, the Department of Science and Technology, Ministry of Industry and Information Technology (MIIT), Wang Dehua, Director of Incubation System Construction Division of Torch High Technology Industry Development Center Ministry of Science and Technology, Zhai Jinguo, Deputy Director of the Science and Technology Commission of Shanghai Municipality, and Peng Shiquan, Deputy Director of Lin-gang Special Area Management Committee attended and delivered welcome speeches. Li Youping, Deputy Director of the Torch Technology Industry Development Center, MIIT, Chen Xin, Vice President of Shanghai Association for Science and Technology, Sun Meng, Vice President of Shanghai Lingang Economic Development, and Huang Lihong, Director of Shanghai Technology Innovation Center, collectively launched WTIF 2024.
DMZ, The Drivery GmbH, London & Partners, UtrechtInc Startup Incubator, ITU Çekirdek Incubation Center,Startups House, 22 On Sloane, Caohejing Humanoid Robots Innovation Incubator, G60 Satellite Internet Incubator, Lingang Pujiang Entrepreneurship and Innovation Park, Lingang Medical Device Innovation Center and HCH Ventures officially joined “International Innovation Synergy and Incubation Alliance”.
Joint incubation contracts have been signed by several top-tier incubators: Startups House and Step Innovation, Peking University International S&T Innovation Center at Lingang and Lingang Science and Technology Investment, ITU Çekirdek Incubation Center and Shanghai Lingang United Development, 22 on Sloane and Lingang Pujiang Entrepreneurship and Innovation Park, USP Innovation Agency and Shanghai Pudong Software Park Incubator. Several letters of intent for project implementation have been signed, covering Nine Dimension Turing Technology and Caohejing Hi-Tech Park, Beijing Haibaichuan Technology and Shanghai Lingang United Development, and Paragraf Ltd and Shanghai Lingang Economic Development Group Technology Investment.
During the keynote speech, Dr. Frederico Lourenco, Vice President of Portfolio Strategy and Operations, Flagship Pioneering, and Prof. Kwang-Geun (James) Lee, Chairman of Asian Association of Business Incubation (AABI) delivered thematic sharing. Mi Lei, Founding Partner of CASSTAR, had in-depth dialogue with Tian Mochen, Founder and CEO of Kiwimoore. Profound dialogues were also created between Dr Tony Raven, Former Chief Executive, Cambridge Enterprise, and Dr Simon Thomas FREng, Fellow of the Royal Academy of Engineering,CEO and Co-Founder, Paragraf Ltd.
In the roundtable discussion on Innovation Models and Cooperation Opportunities for Global Incubation, UBI Global, DMZ, Startups House, Lingang SYNLINX Life Science Professional Incubator, The Drivery GmbH and Xnode discussed on innovation models for global technology incubation.
The Conference was guided by the Torch High Technology Industry Development Center Ministry of Science and Technology, Science and Technology Commission of Shanghai Municipality and Technology Committee, Lin-gang Special Area Administration of China (Shanghai) Pilot Free Trade Zone, and Shanghai Association for Science and Technology, organized by Shanghai Lingang Economic Development and Shanghai Technology Innovation Center, and co-organized by Shanghai Lingang Economic Development Group Technology Investment, Shanghai Technology Business Incubator Association and Step Innovation.
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MiTAC Computing Technology Achieves Brand Consolidation, Expands Server Business

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TAOYUAN, Oct. 1, 2024 /PRNewswire/ — MiTAC Computing Technology Corporation, a subsidiary of MiTAC Holdings Corporation (hereinafter referred to as MiTAC; stock symbol: 3706), has announced that the server brand TYAN® will be integrated with the MiTAC brand. Starting from October 1, 2024, all products will be branded under MiTAC, with the release of a new logo and updated official website. MiTAC Computing Technology Corporation website: http://www.mitaccomputing.com/

MiTAC entered the server ODM industry in 1999 as one of Taiwan’s pioneers in the server market. In 2007, it expanded its presence by acquiring Tyan Computer, building a reputation for designing high-performance motherboards and barebone systems targeting the high-end server market. Following the spinoff of MiTAC’s cloud computing business in 2014, MiTAC Computing Technology was established as a subsidiary of Mitac Holdings under the MiTAC-Synnex Group.
With over two decades of experience in server research, development, manufacturing, and sales, MiTAC Computing Technology has consistently pushed the boundaries of innovation by leveraging top talent and operational efficiency. Committed to earning customer trust and fostering mutual success, MiTAC designs and manufactures high-quality server products for OEMs and Cloud Service Providers (CSPs). Through its leading server brand of TYAN, MiTAC has garnered significant industry appreciations for its extensive expertise and success. Additionally, since July 2023, MiTAC Computing Technology has taken on Intel’s Datacenter Solutions Group (DSG) server business, further expanding its influence in the server market under the MiTAC brand.
Rick Hwang, President of MiTAC Computing Technology, explained that although MiTAC and TYAN serve distinct market segments, their integration under a single brand will streamline distribution strategies, create brand management synergies, and strengthen MiTAC’s overall market presence.
The brand integration process is fully completed by October 1, 2024, consolidating all products under the MiTAC brand. As the demand for generative AI continues to grow, MiTAC Computing Technology is committed to advancing its AI server product line by leveraging its R&D strengths. “Our commitment to delivering superior solutions and service to our customers remains unwavering,” said Rick Hwang. “By unifying our brand, we aim to enhance the value of MiTAC’s offerings, providing a seamless and consistent customer experience across all customers.”
About MiTAC Computing Technology Corporation
MiTAC Computing Technology Corporation, a subsidiary of MiTAC Holdings Corp. (TSE:3706), specializes in cloud, AI/HPC and edge computing solutions and has over 30 years of design and manufacturing expertise. With a strong focus on large-scale data centers, MiTAC offers flexible and customized solutions for various systems and applications. Our product lineup includes TYAN servers, ORAN servers, high-performance AI servers, and other data center products.
Originally, MiTAC operated the server channel business under the TYAN brand and began selling Intel DSG server products under the MiTAC brand in July 2023. As of October 2024, we have integrated the TYAN and MiTAC brands to streamline our operations and enhance brand management. MiTAC now serves as the sole brand name for all our products.
MiTAC Computing Technology Corporation website:http://www.mitaccomputing.com/
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Aero Design Labs receives U.S. and EASA approval for updated Boeing 737-800 drag reduction kit

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FORT WORTH, Texas, Sept. 30, 2024 /PRNewswire/ — Aero Design Labs (ADL) today announced it has received a Supplementary Type Certificate (STC) from the Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) approval for its enhanced Boeing 737-800 drag reduction kit 2.0.

“We are delighted to introduce our next generation of the drag reduction kit, which we are referring to as ‘ADL Kit 2.0′,” said Jeff Martin, ADL President and CEO. “The ADL team has once again demonstrated its expertise and commitment to aviation carbon reduction through its continued improvement process. ADL’s next generation Kit 2.0 is an evolution from our original designs, meeting the stringent requirements based on valuable feedback from our launch partners. With our new EASA approval, we can now offer our carbon reduction kits to new EU airline customers.”
The ADL Kit 2.0 captures new benefits, and significantly reduces the installation time, delivering reduced out-of-service time for the conversion while generating meaningful fuel savings and reduced carbon emissions across the popular Boeing 737-800 variant. Based on feedback from airline partners, it is anticipated that a kit can be installed overnight, minimizing critical out-of-service time for the airlines.
“Having served as an airline operational executive, I understand the need for airlines to reduce their carbon footprint, save fuel and minimize aircraft out-of-service time for the modification,” said David Campbell, ADL Chief Operating Officer. “ADL Kit 2.0 offers better economics and a shorter payback period, assisting airlines with fuel savings and carbon reduction including their IATA CORSIA carbon reduction pledges.”
“On behalf of the team at ADL, we thank ALOFT AeroArchitects, NORDAM, AAR Corp, and the many airline partners who have assisted us on this journey”, concluded Jeff Martin. “Their feedback and contributions to our engineering efforts and joint commitments to reducing aviation carbon emissions are invaluable.”
About Aero Design Labs L.L.C.
Founded in 2015, Aero Design Labs (ADL) leads the way in the research, development and installation of drag reduction systems for airline fleets globally. ADL modifications to airlines’ existing fleets can result in fuel savings, extend fleet longevity and the potential for billions of pounds of CO2 to be prevented from entering the atmosphere. 
Media inquiries: Richard Bartrem [email protected]
Sales inquiries: David Campbell [email protected]
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