Wednesday, August 31, 2022

Internet Sports Betting Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 


Surging internet penetration, adoption of smartphones and smart devices coupled with favorable government regulation are some of the key factors contributing to the growth of the internet sports betting market. Supreme Court struck down a federal ban on sports betting in 2018, any state can choose to legalize it. To date, 25 states and Washington, D.C. have already done so, and many will profit from the newly legal industry. In the UK, there have been growing calls for this kind of mandatory industry tax to pay for gambling addiction treatment. 

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Moreover, escalating disposable income in regions such as Asia and Europe are also adding pace to the growth of the market.  One-third of the global gambling gross win comes from Asia. Moreover, the Growing popularity of several sports such  as football, cricket, snooker, etc.,  across the globe is also contributing to the market growth., As per Forbes. Sports bettors have higher rates of gambling problems than other gamblers (at least twice as high), and gambling problems increase with online betting, 45% of sports betting now takes place online; this is problematic because online gambling is available any time, providing more convenience and privacy. Young people have higher rates of gambling problems than adults; 75% of students gambled, according to data from 2018.
According to
UnivDatos Market Insights (UMI)research report “Global Internet Sports Betting Market Analysis, 2020”, the introduction of machine learning in sports betting is adding pace to the market growth. The growing effect of technologies like blockchain, virtual reality, and AI, particularly machine learning tools, is one of the important developments in the global sports betting business. New machine learning algorithms that seek to anticipate the outcomes of games and races are expected to become increasingly familiar with sports gamblers. Thus, the emergence of machine learning will be a positive trend for the global sports betting market during the forecast period.

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As per a report by the gambling commission, A total of £14.4bn was lost by people betting in the UK from April 2017 to March 2018, an increase from £13.8bn the previous year. Of that total, £5.3bn was lost gambling online, a 12.8% increase on the previous year.

 Based on the game type, The growing popularity of football games especially in European countries is leading to the growth of the segment. As per research conducted by the University of Bath, some young men said they can no longer watch a football match unless they have multiple bets; commonly they have up to 25 accounts with online gambling companies, and their football conversations with mates are all about betting, rather than the game.

Based on the device type, The offers and bonuses given by the companies are also leading to the growth of the market. The Hard Rock Sportsbook app currently running a promotion where you receive a risk-free bet of up to US$100 with your first deposit.
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Europe to Grab Lion’s Share, But the Asia Pacific to witness Explicit Growth

Based on the Region, the Europe region dominated the global Internet Sports Betting market in 2020. Surging disposable income and surging interest of end-users in sports in the countries such as the U.K, France, Germany, etc., are leading to the growth of the region. However, Asia-Pacific would witness a robust CAGR in the forthcoming years stated in UnivDatos Market Insights (UMI)research report “Global Internet Sports Betting Market Analysis, 2020”.
According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Internet Sports Betting Market are Cyber Bet, Betway Group, Flutter Entertainment, Fortuna Entertainment Group, William Hill Limited, Unikrn Inc., Unibet, Kindred Group, Entain Plc., 888 Holdings Plc, etc., The players are focused on launching new products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.  

“Global Internet Sports Betting Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the Internet Sports Betting Market across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors' capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.  
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 Market Segmentation:

1.      By Game Type (Cybersports, Football, Basketball, Hockey, Cricket, Others)

2.      By Device Type (Desktops & Laptop, Tablets & Mobile)

3.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.      By Company (Cyber Bet, Betway Group, Flutter Entertainment, Fortuna Entertainment Group, William Hill Limited, Unikrn Inc., Unibet, Kindred Group, Entain Plc., 888 Holdings Plc. )

Key questions answered in the study:

1.      What are the current and future trends of the global Internet Sports Betting market industry?

2.      How the industry has been evolving in terms of end-user demand and application areas?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the Internet Sports Betting market industry?

5.      What are the customer orientation, purchase behavior, and expectations from the Internet Sports Betting market firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL INTERNET SPORTS BETTING COVID-19 IMPACT

6 GLOBAL INTERNET SPORTS BETTING REVENUE, 2019-2027F

7 MARKET INSIGHTS BY GAME TYPE

8 MARKET INSIGHTS BY DEVICE TYPE

9 MARKET INSIGHTS BY REGION

10 INTERNET SPORTS BETTING DYNAMICS

11 INTERNET SPORTS BETTING OPPORTUNITIES

12 INTERNET SPORTS BETTING TRENDS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER

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Orthopedic Software Market- Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 


The global orthopedic market has been experiencing considerable growth over the past few years. With the rapid change in lifestyle the prevalence of disorders including obesity is increasing, which, in turn, is boosting the incidences of orthopedic problems. The treatment of an orthopedic problem, if done manually, is not only time-consuming but also increases the chances of errors. This issue is easily overcome by the deployment of orthopedic software in orthopedic specialty clinics, hospitals, and surgery centers. The orthopedic software allows surgeons or physicians to enhance the way of information management related to the treatment procedures and clinical data by effectively saving time. Therefore, the need for orthopedic software is rising dramatically owing to the mounting amount of time spent in maintaining crucial patient information and coordinating that information about the patient with other physicians. The surging population suffering from arthritis coupled with the rise in geriatric population is set to boost the market for orthopedic software across the globe.

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According to UnivDatos Market Insights (UMI)’ research reportOrthopedic Software Market”, the market is expected to witness a CAGR growth of around 7% during the forecast period 2021-2027F. An increase in demand for faster data sharing, particularly the growing number of orthopedic surgeries is proliferating the market growth. Orthopedic software is a viable alternative to the traditional paper-based system. The software technique improves medical treatment proficiency. Furthermore, the rising need to adopt advanced technology along with the growing patient population and development in the healthcare industry is leading to the faster adoption of orthopedic software. 

Based on Product, the orthopedic software market is categorized into pre-operative planning and templating software, orthopedic electronic health records (EHR), orthopedic practice management, orthopedic picture archiving and communication systems (PACS), and orthopedic revenue cycle management. Among these, orthopedic EHR is anticipated to account for the largest share of the orthopedic software market. Orthopedics EHR software enables surgeons or physicians to store digital imaging alongside the rest of the patients' records. Using orthopedic EHR, various steps included in the treatment process, such as surgeries, post-operative follow-ups, and the patient's current range of motion become easier to document and manage. In addition to this, rising demand for data sharing and a faster treatment process is contributing to the segment growth. The EHR system is intended to assist physicians in developing personalized treatment plans for specific medical conditions by establishing patient education, prescriptions, and referral letters. This software's multifunctionality encourages its adoption, and it is expected to grow in popularity during the forecast period.

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Based on Application, the market is bifurcated into joint replacement, fracture management, and pediatric assessment. Of these, joint replacement acquires the largest share of the orthopedic software market. Knee replacements are among the most common and effective surgeries performed worldwide. Osteoarthritis, which causes decreased function and quality of life, is the most common reason for joint replacement surgery. Because of the rising incidence of chronic conditions, which has increased the number of joint surgeries performed and the number of revision surgeries performed, the adoption of orthopedic software is increasing significantly.

Furthermore, fracture management is expected to grow the most during the forecast period. The fracture management planning software allows surgeons to plan each procedure efficiently and avoid potential complications in surgery by providing a large prosthesis template library and intuitive procedure-specific tools.

North America Dominates the Orthopedic Software Market

Based on regions, the report provides a detailed analysis of the overall demand for Orthopedic Software in major regions including North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Rest of Europe); Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific); and Rest of World.  

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Orthopedic Software Market are Materialise NV, Brainlab AG, Medstrat, Inc., CureMD Healthcare, Greenway Health, NextGen Healthcare LLC, McKesson Corporation, GE Healthcare, Philips Healthcare, Merge Healthcare Incorporated.  

Orthopedic Software Marketprovides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings. 

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Market Segmentation:

1.     By Product (Pre-operative Planning and Templating Software, Orthopedic Electronic Health Record (EHR), Orthopedic Practice Management, Orthopedic Picture Archiving and Communication Systems (PACS), Orthopedic Revenue Cycle Management)

2.     By Mode of Delivery (Cloud-Based, Web-Based, On-premises)

3.     By Application (Joint Replacement, Fracture Management, Pediatric Assessment)

4.     By End-User (Hospitals, Independent Orthopedic Clinics, Surgery Centers, Others)

5.     By Region (North America, Europe, Asia-Pacific, Rest of World)

6.     By Company (Materialise NV, Brainlab AG, Medstrat, Inc., CureMD Healthcare, Greenway Health, NextGen Healthcare LLC, McKesson Corporation, GE Healthcare, Philips Healthcare, Merge Healthcare Incorporated)

Key questions answered in the study:

1.     What are the current and future trends of the orthopedic software industry?

2.     How the industry has been evolving in terms of mode of delivery and product category?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the orthopedic software industry?

5.    What is the customer orientation, purchase behavior, and expectations from the orthopedic software product suppliers across various countries?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 ORTHOPEDIC SOFTWARE MARKET COVID-19 IMPACT

6 ORTHOPEDIC SOFTWARE MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY PRODUCT

8 MARKET INSIGHTS BY APPLICATION

9 MARKET INSIGHTS BY MODE OF DELIVERY

10 MARKET INSIGHTS BY END-USER

11 MARKET INSIGHTS BY REGION

12 ORTHOPEDIC SOFTWAREMARKET DYNAMICS

13 ORTHOPEDIC SOFTWARE MARKET OPPORTUNITIES

14 ORTHOPEDIC SOFTWARE MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

17 COMPETITIVE SCENARIO

18 COMPANY PROFILED

19 DISCLAIMER

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Aerosol Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 


Over the years the demand for personal care products has showcased substantial growth due to improving per capita income and changing lifestyles. Nowadays, people are getting more serious about their physical looks thereby consumption of products related to cosmetics or self-hygiene is increasing. For instance, the global personal care products market was stood at USD 236 billion in 2019 compared to USD 182 billion in 2012, demonstrating a CAGR of 3.8% between 2012 –2019. Aerosol is widely used in the personal care industry in a myriad of applications like deodorants, hairsprays, shaving mousse & gels, and hair mousse among others. Due to its ease to use and handling characteristics coupled with its ability to spread uniformly, the demand is increasing in the personal care industry.

According to UnivDatos Market Insights (UMI)’ research report “Global Aerosol Market”, the market is expected to showcase a growth of around 6% during the forecast period. Myriad of application areas and increasing demand for personal care & hygiene products are some of the key attributable factors to the growth of the market.

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Based on formulation, the market is segmented into water-based and solvent-based. Among both, water-based formulation is likely to showcase significant growth during the forecast period. This can be attributed to the increasing demand for environmentally friendly products. Further, globally, perception regarding solvent-based products is increasingly getting adverse as a consumer are becoming more aware of the harmful effects of volatile organic compounds (VOC). Increasing awareness coupled with stringent government regulation is supporting the market of water-based aerosols which have a lower VOC content.

In May 2021, Pintyplus, a Spain-based paint manufacturer, launched water-based aerosol paint under the brand Evolution. The product is the latest addition to an expanding range of aerosol paints and offers the adhesion, durability, and ease of application of the original solvent-based Evolution.

Based on application, the market is segmented into personal care, household, and others. Personal care captured the dominant position in the aerosol market. Personal care products like deodorants/antiperspirants, hairsprays, shaving mousse, and hair mousse are widely consumed across the globe and these products are mainly available in aerosol, thus boosting the demand for aerosol in the personal care sector. Further, growing consumer spending power increases the consumption of beautification products, thereby propelling the demand for aerosols.

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In December 2021, Beiersdorf AG has announced the launch of a new aerosol valve system for its new Nivea Ecodeo product line, a deodorant range. The new aerosol valve system is an Eco-Valve technology, developed by Salford Valve Company (Salvalco). Among its advantages is the use of more environmentally friendly inert gases, such as nitrogen, as a propellant in aerosols.

Europe accounted for a considerable share of the Aerosol market

Europe is among the largest consumer of aerosol, globally. The regional country like Germany, the UK, and France are among the leading producer and consumers of aerosol not only in the regional market but across the globe. High income and large industrial sector help the region to easily and fastly adopt the new products. Further, the presence of a large number of aerosol-producing companies in the regional market like Unilever PLC, L'Oréal S.A., Beiersdorf AG, and Akzo Nobel N.V., is increasingly offering new aerosol products in the market, thereby aiding in the growth of the market. For instance, in June 2020 Unilever PLC collaborated with Tubex GmbH, a Germany-based aerosol can manufacturer, to develop an eco-friendly antiperspirant, Rexona Recycled Refreshed.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global aerosol market include Henkel AG & Co. KGaA, Reckitt Benckiser Group PLC, S.C. Johnson & Son Inc., The Procter & Gamble Company, Unilever PLC, Akzo Nobel N.V., PPG Industries Inc., The Sherwin-Williams Company, L'Oréal S.A., and Beiersdorf AG. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

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“Global Aerosol Marketprovides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.      

Market Segmentation:

  1. By Material (Steel, Aluminum, and Others)
  2. By Propellant (Liquefied Gas Propellant and Compressed Gas Propellant)
  3. By Formulation (Water-Based and Solvent-Based)
  4. By Application (Personal Care, Household, and Others)
  5. By Region (North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)
  6. By Company (Henkel AG & Co. KGaA, Reckitt Benckiser Group PLC, S.C. Johnson & Son Inc., The Procter & Gamble Company, Unilever PLC, Akzo Nobel N.V., PPG Industries Inc., The Sherwin-Williams Company, L'Oréal S.A., and Beiersdorf AG)

Key questions answered in the study:

  1. What are the current and future trends of the global aerosol industry?
  2. How the industry has been evolving in terms of material, propellant, formulation, and application?
  3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
  4. What are the key growth drivers and challenges for the global aerosol industry?
  5. What are the customer orientation, purchase behavior, and expectations from the global aerosol suppliers across various region and countries?

Table of Content –

  1. MARKET INTRODUCTION
  2. RESEARCH METHODOLOGY OR ASSUMPTION
  3. MARKET SYNOPSIS
  4. EXECUTIVE SUMMARY
  5. GLOBAL AEROSOL MARKET COVID-19 IMPACT
  6. GLOBAL AEROSOL MARKET REVENUE (USD MN), 2019-2027F
  7. MARKET INSIGHTS BY MATERIAL
  8. MARKET INSIGHTS BY PROPELLANT
  9. MARKET INSIGHTS BY FORMULATION
  10. MARKET INSIGHTS BY APPLICATION
  11. MARKET INSIGHTS BY REGION
  12. AEROSOL MARKET DYNAMICS
  13. AEROSOL MARKET OPPORTUNITIES
  14. AEROSOL MARKET TRENDS
  15. LEGAL & REGULATORY FRAMEWORK
  16. DEMAND AND SUPPLY-SIDE ANALYSIS
  17. VALUE CHAIN ANALYSIS
  18. COMPETITIVE SCENARIO
  19. COMPANY PROFILED
  20. DISCLAIMER

Browse Other Related Research Reports from UnivDatos Market Insights

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Aspiration & Biopsy Needles Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 


The global aspiration & biopsy needles market is anticipated to witness an uptick owing to an increase in the number of cancer cases and a surge in the geriatric population across the globe. For instance, according to GLOBOCON 2020, nearly 19.3 million new cancer cases were reported across the globe, and it is expected to reach 30.2 million new cases in the year 2040. Also, about 1 out of 6 deaths occur due to cancer globally, as per the World Health Organization factsheet and About 70% of deaths from cancer occur in low- and middle-income countries. Owing to these factors, there has been a growing need for advanced diagnostics and screening solutions for cancer which in turn is augmenting the growth of the aspiration & biopsy needles market globally.

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The recent COVID-19 pandemic has disrupted the healthcare industry with the emergence of SARS-COV-2. The aspiration & biopsy needles market was significantly affected during these times as a worldwide lockdown has resulted in the disruption of cancer screening services which ultimately lowered the demand for biopsy needles.

According to UnivDatos Market Insights (UMI)’ research report “Global Aspiration & Biopsy Needles Analysis, 2020”, the aspiration & biopsy needles market is projected to grow at a CAGR of 7% during 2021-27F. The increasing preference for minimally invasive procedures, growing awareness about different types of cancers, and technological advancements in cancer diagnostics are some major factors contributing to the growth of the market.

Based on the application, the market is fragmented into tumor/cancer applications, wound applications, and others. The tumor/cancer applications segment accounted for a considerable share in 2020 and is anticipated to register a lucrative CAGR during the forecast period as there is a rise in the prevalence of various types of cancers including breast, colorectal, prostate, and others. Also, the growing awareness regarding various types of cancer and increasing research activity pertaining to cancer screening and diagnosis are some of the factors driving the segment growth.

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Hospitals & Surgical Centers Segment to Witness Robust growth

Based on end-user, the market is segmented into hospitals & surgical centers, diagnostic clinics & pathology laboratories, ambulatory care centers, and research & academic institutes. The hospitals & surgical centers segment had the highest revenue and CAGR growth in the analyzed period. The growth of this segment is attributed to the increase in the number of patients opting for biopsy procedures in hospitals. Additionally, well-established healthcare infrastructure and the presence of well-trained oncologists in hospitals and surgical centers are also some other factors driving the growth of this segment. 

Asia-Pacific to Grab Lion’s Share, and witnessed Explicit Growth

Based on the region, Asia-Pacific dominated the global aspiration & biopsy needles market in 2020. The region is projected to maintain its dominance during the forecasted period 2021-27 owing to the growing healthcare expenditure and increase in cancer incidences in the region. Asia-Pacific is expected to skyrocket with a CAGR of X% in the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Global Aspiration & Biopsy Needles Market Analysis, 2020”. 

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Aspiration & Biopsy Needles Market include Becton, Dickinson and Company, Olympus Corporation, Medtronic Plc, Boston Scientific Corporation, Stryker Corporation, Cardinal Health, CONMED Corporation, Merit Medical Systems, Argon Medical Devices Inc., INRAD Inc, among others. The players are focused on launching products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.  

 “Global Aspiration & Biopsy Needles Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for aspiration & biopsy needles providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of go to Market Strategies and identifying the blue ocean for its offerings.

For more informative information, please visit us – https://univdatos.com/report/aspiration-biopsy-needles-market/

Market Segmentation:

  1. By Product Type (Biopsy Needles and Aspiration Needles)
  2. By Procedure (Image-guided Procedures and Non-image-guided Procedures)
  3. By Application (Tumor/Cancer Applications, Wound Applications, and Others)
  4. By End-Users (Hospitals & Surgical Centers, Diagnostic Clinics & Pathology Laboratories, Ambulatory Care Centers, and Research & Academic Institutes)
  5. By Region (North America, Europe, Asia-Pacific, Rest of the World)
  6. By Company (Becton, Dickinson and Company, Olympus Corporation, Medtronic Plc, Boston Scientific Corporation, Stryker Corporation, Cardinal Health, CONMED Corporation, Merit Medical Systems, Argon Medical Devices Inc., INRAD Inc., )

Key questions answered in the study:

  1. What are the current and future trends of the aspiration & biopsy needles industry?
  2. How the industry has been evolving in terms of product type, application, procedure, and end-users?
  3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
  4. What are the key growth drivers and challenges for the aspiration & biopsy needles industry?
  5. What is the customer orientation, purchase behavior, and expectations from aspiration & biopsy needles firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 COVID-19 IMPACT

6 GLOBAL ASPIRATION & BIOPSY NEEDLES MARKET REVENUE

7 MARKET INSIGHTS BY PRODUCT TYPE

8 MARKET INSIGHTS BY PROCEDURE

9 MARKET INSIGHTS BY APPLICATION

10 MARKET INSIGHTS BY END-USERS

11 MARKET INSIGHTS BY REGION

12 ASPIRATION & BIOPSY NEEDLES MARKET DYNAMICS

13 ASPIRATION & BIOPSY NEEDLES MARKET OPPORTUNITIES

14 ASPIRATION & BIOPSY NEEDLES MARKET TRENDS & INSIGHTS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

19 COMPANY PROFILED

20 DISCLAIMER

Browse Other Related Research Reports from UnivDatos Market Insights

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Carbon Neutral Data Center Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 


Data Centers process megabytes of data every month which needed a lot of energy to power them. The more energy consumed; the more carbon gets released into the environment. Carbon neutrality is when an organization efficiently uses energy and balance out carbon emissions through carbon removal. Data centers have become the transactional foundation of the global economy. Hence, data center operators are focusing on sustainability, energy efficiency, clean energy, reliability, and security, and use tools, technologies, and systems to ensure we deliver. The focus and span of control of the Pact is on achieving sustainable data center facilities. Factors such as various government policies and environmental regulations especially which are aligned to reducing carbon emissions, coupled with growing energy-efficient alternatives for data center cooling and rising electricity tariffs globally are accentuating the demand for carbon-neutral data centers.

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The coronavirus pandemic was declared a public health emergency worldwide by World Health Organization (WHO). Government across nations implemented lockdown and ban on traveling, the shutdown of manufacturing industries, commercial activities this had severely disrupted the supply chain. Additionally, the lockdown has also resulted in restricting the imports and exports of various raw materials, equipment, and devices, which are crucial for the operation of the data centers, thereby bringing many ongoing projects to a standstill position. Thus, negatively impacting the overall market growth.

According to UnivDatos Market Insights (UMI)’ research report “global carbon neutral data center”, market is expected to grow at a CAGR of around 22% during the forecast period (2021-2027). The carbon neutral data centers are beneficial for reducing an organization's carbon footprints. The market growth attributes to the ongoing digital transformation in various businesses that have aided the amount of data produced. Besides, the surging imposition of numerous policies & environmental regulations laid by the government to reduce carbon emissions like the International Climate Agreement has further boosted the Global Carbon Neutral Data Center Market growth.

Moreover, carbon-neutral data centers exhibit features and capabilities similar to traditional data centers, but consume less space and energy, and are environment friendly. Further, it helps process an organization's functions at a faster rate and uses less amount of energy & space. Therefore, Carbon Neutral Data Centers are the preferred eco-friendly options.

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Based on Type, the carbon-neutral data center market is segmented into hyper-scale centers, enterprise type, colocation data centers, and others. The hyperscale centers catered to significant demand in the carbon-neutral data center market. It is mainly owing to the strong growth in demand for data center services continues to be mostly offset by ongoing efficiency improvements for servers, storage devices, network switches, and data center infrastructure, as well as the high and growing share of services met by highly efficient hyperscale data centers.

Based on Solution, the carbon-neutral data center market is segmented into hardware (servers, cooling and power, storage, and networking), software and platform, and support services. The hardware segment holds a considerable market share in the carbon-neutral data center market. It is mainly due to the hardware equipment and devices being the most crucial parts in any data center required for its operation.

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Europe to witness the highest growth

Based on region, the report provides detail analysis for overall adoption of Carbon neutral data center in major region including North America (United States, Canada, Rest of North America, Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, Rest of APAC), Rest of the World. Europe caters substantial share in the carbon-neutral data center market over the past few years and is expected to have an influential growth rate in the forecasted period as well. It is mainly due to the implementation of carbon-free energy government policies and digital strategy in the region that has positively influenced the market size of the carbon-neutral data center.

In August 2021, ST Telemedia Global Data centers collaborates with ABB for AI energy optimization pilot. The objective of the pilot is to leverage AI and Machine Learning (ML) technology and advanced analytics to optimize energy use within a data center and reduce a facility’s overall carbon footprint.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Carbon neutral data center market are ABB Group, 3M Company, Alphabet Inc., Cisco System, Hewlett Packard Enterprise, Eaton Corporation plc, Fujitsu Ltd., IBM Corporation, Microsoft Corporation, Dell Inc. Several M&As along with partnerships have been undertaken by these players to boost their presence in different regions.

“Global Carbon Neutral Data Center Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

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Market Segmentation:

  1. By Type (Hyper-Scale Centers, Enterprise Type, Colocation Data Centers, and Others)
  2. By Solution (Hardware (Servers, Cooling and Power, Storage, And Networking), Software and Platform, And Support Services)
  3. By End-User Industry (IT And Telecom, BFSI, Government and Public Sector, Healthcare, Manufacturing, Retail, And Others)
  4. By Region (North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, Rest of APAC), ROW.
  5. By Company (ABB Group, 3M Company, Alphabet Inc., Cisco System, Hewlett Packard Enterprise, Eaton Corporation plc, Fujitsu Ltd., IBM Corporation, Microsoft Corporation, Dell Inc).

Key questions answered in the study:

  1. What are the current and future trends of the global Carbon neutral data center industry?
  2. How the industry has been evolving in terms of type, solution, and end-user industry?
  3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
  4. What are the key growth drivers and challenges for the global Carbon neutral data center industry?
  5. What is the customer orientation, purchase behavior, and expectations from the global Carbon neutral data center suppliers across various regions and countries?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL CARBON NEUTRAL DATA CENTER MARKET COVID-19 IMPACT

6 GLOBAL CARBON NEUTRAL DATA CENTER MARKET REVENUE 2019-2027F

7 MARKET INSIGHTS BY TYPE

8 MARKET INSIGHTS BY SOLUTION

9 MARKET INSIGHTS BY END-USER INDUSTRY

10 MARKET INSIGHTS BY REGION

11 Rest Of the World Carbon Neutral Data Center Market

12 CARBON NEUTRAL DATA CENTER MARKET DYNAMICS

13 CARBON NEUTRAL DATA CENTER MARKET OPPORTUNITIES

14 CARBON NEUTRAL DATA CENTER MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY-SIDE ANALYSIS

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

19 COMPANY PROFILED

20 DISCLAIMER

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