Information Technology Industry Overview

The patient safety and risk management software market consists sale of patient safety and risk management software by entities (organizations, sole traders, and partnerships) used in risk management by analyzing and reporting medical issues that arise in healthcare institutions. This program is also used for reduction and prevention of such kind of errors. Patient safety concentrates on minimizing harm to patients whereas risk management prioritizes patient harm as well as other forms of hazards. The main types of patient safety and risk management software are risk management and safety solutions, claims management solutions, and governance, risk and compliance solutions. The risk management and safety solutions are applied for risk management by analyzing and reporting medical issues that arise in healthcare institutions. Risk assessment and reduction are both included in safety risk management. The various types of deployment modes in patient safety and risk management software include private cloud and public cloud. They are adopted by hospitals, ambulatory care centers, long-term care centers, pharmacies, and other end users. The patient safety and risk management software market research report is one of a series of new reports from The Business Research Company that provides Patient safety and risk management software market statistics, including Patient safety and risk management software industry global market size, regional shares, competitors with a Patient safety and risk management software market share, detailed Patient safety and risk management software market segments, market trends and opportunities, and any further data you may need to thrive in the Patient safety and risk management software industry. This Patient safety and risk management software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global patient safety and risk management software market size is expected to grow from $1.81 billion in 2021 to $2.04 billion in 2022 at a compound annual growth rate (CAGR) of 12.40%. The global patient safety and risk management software market size is expected to reach $3.12 billion in 2026 at a CAGR of 11.25%. The increasing adoption of IT in healthcare sector is expected to propel the growth of the patient safety and risk management software market going forward. The healthcare industry has benefited greatly from advances in information technology (IT). Electronic medical records are one example of a huge improvement that IT has given to hospitals (EMR). With the use of this technology, medical data can be compiled into a single database. The use of digital tools and teleconsultation is another recent advance in information technology (IT) in healthcare. For instance, in 2020, during the pandemic lockdown in India, 85% of practitioners used digital tools and teleconsultation. On the other hand, first-time users accounted for 80% of all teleconsultation services. When compared to the same period in 2019, telehealth visits grew by 50% in 2020.Therefore, the adoption of IT in healthcare sector is expected to propel the growth of patient safety and risk management software market going forward. Adopting different innovative technologies have emerged as a key trend in patient safety and risk management software market. Innovative technology is a term used to describe a technological or scientific process or product that is characterized in terms of production, research, and development. The companies operating in the patient safety and risk management software market are focusing on developing innovative products with latest technologies to increase customer reach and expand their business offerings. For instance, in May 2022, Mindray, one of the leading global providers of medical devices and solutions has launched M-Connect IT Solution, helping optimize clinical workflow and ensure patient safety in hospitals. In June 2021, RLDatix, a UK-based provider of healthcare governance, risk, and compliance (GRC) solutions acquired Allocate for an undisclosed amount. With this acquisition, RLDatix will combine its industry-leading patient safety, compliance, risk and provider management capabilities. Allocate, a UK-based provider of human capital management solutions that help healthcare organizations deliver effective care and safe. Major players in the patient safety and risk management software market are Conduent, Becton, Dickinson and Company, Health Catalyst, Inc, RLDatix, Riskconnect, Inc, Clarity Group, Symplr, RiskQual Technologies, Smartgate Solutions Ltd, Prista Corporation, Ideagen plc, IQVIA Holdings Inc, NAVEX Global Inc, and Wolters Kluwer N.V. North America was the largest region in the patient safety and risk management software market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global patient safety and risk management software market forecast period. The regions covered in the global patient safety and risk management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the patient safety and risk management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global patient safety and risk management software market is segmented - 1) By Type: Risk Management and Safety Solutions, Claims Management Solutions, Governance, Risk and Compliance Solutions 2) By Deployment Mode: Private Cloud, Public Cloud 3) By End-User: Hospitals, Ambulatory Care Centers, Long-Term Care Centers, Pharmacies, Others

The smart card in healthcare market consists of sales of smart care products and services by entities (organizations, sole traders, and partnerships) that are used for various operational activities in healthcare industry. A smart card is a plastic card embedded with a computer chip that stores and transacts data between users. The data is associated with either value or information or both and is stored and processed within the card's chip. Smart health cards manage patient identity and give practitioners and pharmacists secure access to their medical records. Identifying the patient is the cornerstone of quality medical care and good health system management. The main types of smart card in healthcare are contactless smart cards, contact-based smart cards, dual-interface smart cards, and hybrid smart cards. The contactless smart cards use RF technology but, by design, operate at short ranges (less than 4 in.) and are very secure. Contactless smart card technology is currently being used for secure identity applications worldwide. Contactless smart cards look like contact smart cards but without the contact plate. They communicate with the reader through a contactless RF interface. The various components of smart card in healthcare include memory card-based smart cards and microcontroller-based smart cards. The applications of smart card in healthcare include personal identity, patient history, billing and payment, and security. The smart card in healthcare market research report is one of a series of new reports from The Business Research Company that provides Smart card in healthcare market statistics, including Smart card in healthcare industry global market size, regional shares, competitors with a Smart card in healthcare market share, detailed Smart card in healthcare market segments, market trends and opportunities, and any further data you may need to thrive in the Smart card in healthcare industry. This Smart card in healthcare market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global smart card in healthcare market size is expected to decline from $1.19 billion in 2021 to $1.37 billion in 2022 at a compound annual growth rate (CAGR) of 14.6%. The global smart card in healthcare market size is expected to reach $2.20 billion in 2026 at a CAGR of 12.7%. The increasing inclination of healthcare organizations and governments of various countries towards the adoption of smart cards is driving the growth of the smart card in the healthcare market. Institutions and government bodies across the globe are implementing advanced smart technologies to increase transparency across business operations. Smart cards in healthcare provide security and confidentiality of patient data, maintain accurate patient identification at various facilities and geographies, enable secure access to emergency medical information, easy bill payment using the card for a financial transaction, and reduce health care fraud. For instance, in 2021, according to an article published by Medica Magazine, the European Commission took a decision for mandating the introduction of a card-based replacement to its E- 111 paper form for cross-border healthcare. The decision gave impetus to enhancing the usage of smart card technology in healthcare. Therefore, the increasing inclination of healthcare organizations and governments of various countries toward the adoption of smart cards is expected to boost the market during the forecast period. Development of advanced smart card technology is a key trend gaining popularity in the smart card in healthcare market. Leading players in the healthcare smart card market are investing in advanced technologies to expand their customer reach and maintain a competitive edge over their existing competitors in the market. For instance, in March 2020, CardLogix Corporation, released a new edition of BIOSID, which is a robust mobile identity solution featuring multiple biometric modalities (face, fingerprints, iris, signature) and high-security smart card technology.  In April 2019, Thales technology a France-based company involved in designing, development, and manufacturing of electrical systems acquired Gemalto for an amount of $5.04 billion. With this acquisition, the company aimed to tackle challenges such as unmanned air traffic management, data and network cyber security, airport security and financial transaction security. The acquisition also expanded the product portfolio of digital identity and security offerings based on technologies such as biometry, data protection, and cyber security. Gemalto was a Netherlands-based multinational digital security company that created software applications and secure personal devices such as smart cards and tokens. Major players in the smart card in healthcare market are Atos SE, Giesecke+Devrient GmbH, Infineon Technologies AB, Thales Group, CardLogix Corporation, NXP Semiconductors, Texas Instruments Incorporated, IDenticard Systems, Oberthur Technologies SA, and SCM Microsystems. Asia-Pacific was the largest region in the smart card in healthcare market in 2021, and it is also expected to be the fastest-growing region in the global smart card in healthcare market forecast period. The regions covered in the global smart card in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart card in healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global smart card in healthcare market is segmented - 1) By Type: Contactless Smart Cards, Contact-based Smart Cards, Dual-interface Smart Cards, Hybrid Smart Cards 2) By Component: Memory Card-Based Smart Cards, Microcontroller-Based Smart Cards 3) By Application: Personal Identity, Patient History, Billing and Payment, Security

The interactive whiteboard market consists of sales of interactive whiteboard by entities (organizations, sole proprietors, partnerships) that refer to an interactive display in the shape of a whiteboard that responds to human input either directly or through other devices. The interactive whiteboard enables users to project files and interact with them on a board's surface. Interactive whiteboards can digitise tasks and operations to convey messages, show information, and participate in group brainstorming. The main forms of interactive whiteboards are fixed and portable. The fixed interactive whiteboard refers to an interactive whiteboard mounted on the wall and functions as an independent touchscreen computer, allowing to perform a variety of activities. The fixed interactive whiteboard is fixed in a designated place for its use by the users. The various screen sizes are IWBS with a screen size up to 69”, IWBS with a screen size ranging from 70”–90”, and IWBS with a screen size above 90” that uses several technologies such as resistive whiteboard, capacitive whiteboard, electromagnetic whiteboard, optical whiteboard, and others. The applications of interactive whiteboards include education, healthcare, retail, corporate, and other sectors. The interactive whiteboards market research report is one of a series of new reports from The Business Research Company that provides Interactive whiteboards market statistics, including interactive whiteboards industry global market size, regional shares, competitors with an interactive whiteboards market share, detailed interactive whiteboards market segments, market trends and opportunities, and any further data you may need to thrive in the interactive whiteboards industry. This interactive whiteboards market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global interactive whiteboard market size is expected to grow from $4.37 billion in 2021 to $4.69 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. The global interactive whiteboard market size is expected to reach $5.83 billion in 2026 at a CAGR of 5.6%. The government initiatives for digital education are driving the interactive whiteboard market. Digital education is a creative application of current technologies and digital tools to aid in the advancement of teaching and learning. Digital education is the future of obtaining education via the use of technology and digital gadgets. During COVID 19 pandemic, digital education played an important role in imparting knowledge. Digital education has grown in popularity dramatically in recent years. Due to technological advancements, people of all ages may now study at a distance and through various mediums, ranging from video tutorials to infographics and slideshows. Interactive whiteboards aid digital education by creating a classroom environment anytime and anywhere. Governments in different countries are taking initiatives to promote digital education so that the people can learn and grow as and when they need it. For instance, in 2021, the Indian government launched the National Digital Educational Architecture (NDEAR) in the Union Budget 2021-22 to develop digital infrastructure and assist educational planning efforts. The NDEAR aspires to provide distinct education ecosystem architecture to expand digital infrastructure in the country while ensuring stakeholders' autonomy, particularly states and union territories. Therefore, increasing government initiatives for digital education is expected to boost demand for interactive whiteboard during the forecast period. The use of portable interactive whiteboard (IWB) in the education and corporate sector has become a key trend gaining popularity in the interactive whiteboard market. Interactive whiteboards are helping teachers, students, and businesses to promote collaboration and active participation by enhancing creativity and expanding the learning space using technology. A portable interactive whiteboard can connect to any computer using USB or other ports and captures IR pen movement on the projected screen through its inbuilt IR sensors. The portability makes the learning process smooth and continuous. In July 2021, RICOH, a Japanese electronics company, launched the world’s thinnest and lightest portable digital whiteboard that can be used in medical, construction, and office settings. The RICOH eWhiteboard 4200 is intended to link remote locations with central offices and each other in order to foster smarter workplaces by digitizing conventional analog pen-based processes. With its ability to be utilized in many orientations—displayed on an easel, flat on a table, or hanging on the wall—the ultra-portable device is beneficial in locations where a power source is not conveniently accessible. In February 2021, Kahoot!, a Norway-based company that offers game-based educational learning services, acquired Whiteboard.fi for $6 million. Through this acquisition, Kahoot! intends to develop its platform and deliver more effective learning and engagement features for the 7.5 million instructors who use Kahoot! platform, making it simple for them to make learning wonderful. Whiteboard.fi is a Finland-based developer of online whiteboard tool for teachers and classrooms. Major players in the interactive whiteboard market are Boxlight Corporation, Cisco System, Inc., Foxconn Technology Group, Google, Inc., Hitachi, Ltd., LG Electronics Inc., Microsoft Corporation, NEC Display, Panasonic Corporation, Returnstar Interactive Technology, Ricoh Company, Samsung Electronics Co. Ltd., Seiko Epson Corporation, BenQ Corp., Sharp Corp., Horizon Display Inc., Julong Educational Technology Co. Ltd, Ketab Technologies, NetDragon Websoft, and PolyVision Corp. North America was the largest region in the interactive whiteboards market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global interactive whiteboards market forecast period. The regions covered in the global interactive whiteboards market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the interactive whiteboards market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global interactive whiteboard market is segmented - 1) By Form: Fixed, Portable 2) By Screen Size: IWBs with a Screen Size Up to 69”, IWBs with a Screen Size Ranging from 70”–90”, IWBs with a Screen Size Above 90” 3) By Technology: Resistive Whiteboard, Capacitive Whiteboard, Electromagnetic Whiteboard, Optical Whiteboard, Others 4) By End User: Education, Healthcare, Retail, Corporate, Others

The healthcare predictive analytics market consists of sales of healthcare predictive analytics solutions and services by entities (organizations, sole traders and partnerships) that refer to software solutions used for analysing and processing patient data to deliver data-based high-quality care, precise diagnoses, and individualized treatments, by healthcare organisations, hospitals, and doctors. Predictive analytics in healthcare is an advanced method for improving patient outcomes. By examining data and results from previous patients, machine learning algorithms can be programmed to provide insights into the best treatment for current patients. The main components of healthcare predictive analytics include services, software, and hardware. The services offered through healthcare predictive analytics solutions include detecting the early signs of the patients’ condition deterioration, risk scoring for chronic illnesses, preventing patient suicide and self-harm, reducing hospital readmissions rates and other services. The delivery models of healthcare predictive analytics include stand-alone and integrated, and they are used for operations management, financial, population health management, and clinical. The end-users of predictive analytics services include healthcare payers and healthcare providers. The healthcare predictive analytics market research report is one of a series of new reports from The Business Research Company that provides healthcare predictive analytics market statistics, including healthcare predictive analytics industry global market size, regional shares, competitors with a healthcare predictive analytics market share, detailed healthcare predictive analytics market segments, market trends and opportunities, and any further data you may need to thrive in the healthcare predictive analytics industry. This healthcare predictive analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global healthcare predictive analytics market size is expected to grow from $10.69 billion in 2021 to $13.67 billion in 2022 at a compound annual growth rate (CAGR) of 27.9%. The global healthcare predictive analytics market size is expected to reach $33.20 billion in 2026 at a CAGR of 24.8%. The increasing adoption of electronic health records over manual records is driving the growth of the healthcare predictive analytics market. An EHR is a digital representation of a patient's medical history that the physician keeps track of throughout time. It may include all critical administrative and clinical data relevant to that person's care under a specific provider, such as demographics, progress notes, problems, medications, vital signs, past medical history, immunizations, laboratory data, and radiology reports. Electronic health records are increasingly used because it is a digital version of manual records and is not vulnerable to wear and tear or don't get destroyed easily. For instance, in 2022, according to HealthIT.gov's report on 'Adoption of Electronic Health Records by Hospital Service Type 2019-2021', between 2019 and 2021, 86% of general acute care hospitals, 40% of rehabilitation hospitals, and 23% of specialty hospitals used a 2015 Edition certified electronic health record (EHR). Thus, the increasing adoption of electronic health records will propel the healthcare predictive analytics market. Technological advancement is a key trend gaining popularity in the healthcare predictive analytics market. The companies operating in the healthcare predictive analytics are focusing on incorporating innovative technologies such as artificial intelligence to improve productivity, lowers costs, and improves patient care and health outcomes. In September 2020, EVERSANA, a US-based life sciences commercial services company, launched ACTICS. ACTICS is the technology-enabled approach that helps life science enterprises maximize their commercial success. ACTICS offers the cloud-based solution that pharmaceutical innovators require, to improve actions in the product and patient journeys by combining the power of AI-driven predictive analytics with ready-to-deploy real-time commercial services. In January 2022, Huron, a Chicago-based consulting firm offering services to the healthcare, life sciences, commercial, and higher education industries, acquired Perception Health Inc. for an undisclosed amount. Through this acquisition, clients will receive data insights from Huron and Perception Health across the care continuum to better detect and manage risks for patients and communities. Huron's healthcare predictive analytics and data capabilities are strengthened by the acquisition, enabling Huron to assist clients in finding patterns and insights that will improve patient care and help them make better data-driven decisions. Perception Health Inc. is a US-based disease prediction platform with precise data sets that give healthcare professionals access to a previously unavailable and actionable predictive dimension. Major players in the healthcare predictive analytics market are Allscripts Healthcare Solutions, Cerner Corporation, IBM Corporation, Cotiviti, Inc., Oracle Corporation, Health Catalyst, Inovalon, Inc., Optum, Inc., Citiustech, McKesson Corporation, Medeanalytics, Information Builders Inc., IQVIA, Truven Health Analytics, Inc., and Health Fidelity, Inc. Noth America was the largest region in the healthcare predictive analytics market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global healthcare predictive analytics market forecast period. The regions covered in the global healthcare predictive analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the healthcare predictive analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global healthcare predictive analytics market is segmented - 1) By Component: Services, Software, Hardware 2) By Delivery Model: Stand Alone, Integrated 3) By Application: Operations Management, Financial, Population Health Management, Clinical 4) By End Use: Healthcare Payers , Healthcare Providers

The chemicals as a service (CaaS) market consists of sales of chemicals as a service by entities (organizations, sole traders, and partnerships) that refer to the transition in chemical organizations' business models from selling a product (paid in weight or volume) to selling a service (paid in proportion of a certain service level). Customers benefit from the cheaper initial investment, predictable costs, and less fuss with product maintenance, while suppliers benefit from increased margins through additional sales of value-added services in the service package (such as insurance or maintenance), scale effects, and customer lock-in. The main types of chemical as a service are chemical management services, and chemical leasing. Chemical management services refer to a business model in which a consumer buys chemical services instead of chemicals. CMS assists manufacturers in prioritising chemical management tasks so that they can be completed more efficiently. The end-users of chemicals as a service include agriculture and fertilizer, water treatment and purification, metal parts cleaning, paint and coatings, industrial cleaning, industrial gases, and other end-users. The chemical as a service market research report is one of a series of new reports from The Business Research Company that provides chemical as a service market statistics, including chemical as a service industry global market size, regional shares, competitors with a chemical as a service market share, detailed chemical as a service market segments, market trends and opportunities, and any further data you may need to thrive in the chemical as a service industry. This chemical as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global chemical as a service market size is expected to grow from $6.99 billion in 2021 to $7.90 billion in 2022 at a compound annual growth rate (CAGR) of 12.9%. The global chemical as a service market size is expected to grow to $11.49 billion in 2026 at a compound annual growth rate (CAGR) of 9.8%. A reduction in chemical consumption is contributing to the growth of the chemicals as a service market. A chemical is consumed when it is converted into another chemical through a chemical process. Lack of collaboration between chemical suppliers and consumers leads to unnecessarily high chemical consumption and the development of hazardous waste. Chemical leasing, which is part of the chemicals as a service paradigm, attempts to increase chemical efficiency while lowering chemical hazards and safeguarding human health. For instance, in May 2019, according to The Sustainable Development Goals Policy Briefs by UN,  it reported that after the introduction of Chemical Leasing for bottle washing and conveyor lubrication, chemical consumption was reduced by 40 and 48%, respectively, and the water and energy demand decreased significantly by a Ugandan beverage company Crown Beverages Limited (CBL). A reduction in chemical consumption is expected to propel the growth of the chemicals as a service market. Strategic partnerships are a key trend gaining popularity in the chemical as a service market. Major companies operating in chemicals as a service are undergoing partnerships to strengthen their position in the market. For instance, in May 2022, Sphera®, Chicago-based a leading global provider of Environmental, Social, and Governance (ESG) performance and risk management software, data, and consulting services, partnered with BASF Germany-based chemical company. The collaboration makes BASF's methodology and digital solution for automated product carbon footprint (PCF) calculation available in Sphera's Life Cycle Assessment (LCA) software solutions. LCAs assist businesses in better analyzing the effects of their supply chain on their overall carbon footprint and making informed decisions on their path to net zero. In December 2020, Quaker Chemical Corporation, a US-based chemical company acquired Coral Chemical Company for an amount of $53 million. With this acquisition, Quaker Chemical benefited with additional net sales. Coral Chemicals is a US-based chemical manufacturing company that provides specialty pre-treatment chemicals, lubricants, and environmental solutions. Major players in the chemical as a service market are Sphera Solutions, Henkel AG & Co. KGaA, Safechem Europe Gmbh, CSC JÄKLECHEMIE GmbH & Co. KG, Polikem S.a.s., Quaker Chemical, Hidrotecnik, BASF SE, Haas TCM, and PPG Industries. North America was the largest region in the chemical as a service market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global chemical as a service market during the forecast period. The regions covered in the global chemical as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the chemical as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global chemical as a service market is segmented - 1) By Type: Chemical Management Services, Chemicals Leasing 2) By End User: Agriculture and Fertilizer, Water Treatment and Purification, Metal Parts Cleaning, Paint and Coatings, Industrial Cleaning, Industrial Gases, Other End Users

The virtual payment (POS) terminals market consists of sales of virtual payment (POS) terminals solutions and services by entities (organizations, sole traders, and partnerships) that refer to a web-based application that enables them to manage electronic payments over the phone, through the mail, fax, email, or in person. Virtual terminals utilize non-physical software programs and function similarly to a physical card reader. The customers insert or tap their card into a physical card reader and enter their PIN to confirm the transaction with the machine. After that, the transaction is processed automatically. The main solutions for virtual payment (POS) terminals include software platforms and professional services. The software platform of virtual payment (POS) terminals offers software solutions to run the virtual payment (POS) terminals. The end-users of virtual payment (POS) terminals include retail, warehouses, hospitality, consumer electronics, food and beverages, healthcare, entertainment, and other industries. The virtual payment (POS) terminals market research report is one of a series of new reports from The Business Research Company that provides virtual payment (POS) terminals market statistics, including virtual payment (POS) terminals industry global market size, regional shares, competitors with a virtual payment (POS) terminals market share, detailed virtual payment (POS) terminals market segments, market trends and opportunities, and any further data you may need to thrive in the virtual payment (POS) terminals industry. This virtual payment (POS) terminals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global virtual payment (POS) terminals market size is expected to grow from $7.94 billion in 2021 to $10.59 billion in 2022 at a compound annual growth rate (CAGR) of 33.4%. The global virtual payment (POS) terminals market size is expected to reach $34.71 billion in 2026 at a CAGR of 34.6%. The increasing prevalence of digital payment methods is driving the virtual payment (POS) terminals market. The digital revolution has increased access to and use of financial services globally, changing how people send and receive payments, borrow money, and save money. In addition to the global spread of formal financial institutions, the COVID-19 epidemic has sparked financial inclusion and led to a significant rise in digital payments. Virtual payment (POS) terminals aid digital payments and manage the payments over the phone, through the mail, fax, email, or in person. For instance, in 2021, according to McKinsey’s 2021 Digital Payments Consumer Survey, digital payments grew by 12% during the 2020–2021 period. Thus, the increase in digital payments is expected to boost demand for virtual payment (POS) terminals during the forecast period. Technological advancement is a key trend gaining popularity in the virtual payment (POS) terminals market. The biometric payment system is a technology that is being widely used for virtual payment (POS) terminals. Biometric payment is a point-of-sale (POS) technology that identifies users and authorizes withdrawals from bank accounts using physical characteristics-based biometric authentication. In May 2022, Mastercard, a global payments & technology company, launched a biometric check-out program. The Biometric Checkout Program participants allow customers to easily sign up for their biometric checkout services in-store or at home via a merchant or identity provider app. Once enrolled, there is no need to make the checkout line slower by digging around in their luggage or pockets. Customers only need to verify the bill, smile for the camera, or wave their palms over the reader to make a payment. The new technology gives customers the freedom to choose their preferred payment method while ensuring a quick and safe checkout experience. In October 2020, Worldline, a French multinational provider of payment and transactional services, acquired Ingenico for an undisclosed amount. Through this acquisition, Worldline will combine Ingenico's global exposure to online commerce with its knowledge of cross-border acquisitions and coverage of the payment value chain from Worldline. Ingenico is a French-based company that supplies the technology necessary for safe online transactions, produces point-of-sale payment terminals, offers full payment software, related services, and merchant software. Major players in the virtual payment (POS) terminals market are Castles Technology, Diebold Nixdorf, Incorporated, NCR Corporation, Panasonic Corporation, PAX Technology, CitiXsys Technologies, VeriFone, Inc, Elavon, Inc, First Data Corporation, Ingenico Group, Newland Payment Technology, Shenzhen Xinguodu Technology Co., Ltd, Squirrel Systems, Google, and Paytm. North America was the largest region in the virtual payment (POS) terminals market in 2021. North America is expected to be the fastest-growing region in the global virtual payment (POS) terminals market during the forecast period. The regions covered in the global virtual payment (POS) terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the virtual payment (POS) terminals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global virtual payment pos terminals market is segmented - 1) By Solution: Software Platform, Professional Services 2) By Industry: Retail, Warehouse, Hospitality, Consumer Electronics, Food and Beverages, Healthcare, Entertainment, Other Industries

The broadcast and media technology market consists of sales of broadcast and media technology by entities (organizations, sole traders, and partnerships) that refer to a variety of communication systems that entail transferring data across long distances utilizing electronic and electromagnetic approaches. Radio and television broadcasting technology, satellite broadcasting technology, digital cable and satellite television technology, digital terrestrial television, and satellite television technologies are examples of broadcast and media technology. The various solutions in broadcast and media technology include web content management, content storage solutions, editorial, and print workflow; media and digital asset management, revenue management, ad and data management, and user management. Web content management is a software used to manage content, allowing multiple contributors to create, edit, and publish content. The hosting models in broadcast and media technology include integrated and standalone. The end users of broadcast and media technology include broadcasters, distributors, OTT, and IPTV. The broadcast and media technology market research report is one of a series of new reports from The Business Research Company that provides broadcast and media technology market statistics, including broadcast and media technology industry global market size, regional shares, competitors with a broadcast and media technology market share, detailed broadcast and media technology market segments, market trends and opportunities, and any further data you may need to thrive in the broadcast and media technology industry. This broadcast and media technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global broadcast and media market is expected to grow from $43.69 billion in 2021 to $48.47 billion in 2022 at a compound annual growth rate (CAGR) of 10.9%. The global broadcast and media market is expected to reach $72.09 billion in 2026 at a CAGR of 10.4%. A rise in access to media and video streaming is contributing to the growth of the broadcast and media technology market. Streaming media is the process of delivering multimedia data (such as video or audio) from a streaming service provider to an end-user. Streaming media uses HTTP, TCP/IP, and HTML protocols to deliver audio and video elements. For instance, in April 2022, according to a survey by State of Play report by Nielsen Holdings Inc., a US-based data, information, and market measurement firm, between February 2021 and February 2022, there was a double-digit growth of 18% in Americans' average weekly time viewing videos. The total number of streamed minutes increased from 143.2 billion to 169.4 billion. Over the last few years, viewers have increased the number of services they subscribe to and pay for. According to the survey, 58% of people who pay for video subscriptions do so for three or more streaming services, up from 32% in 2019. Such an increase in consumption of media and video streaming will propel the growth of the broadcast and media technology market. Technological advancement is a key trend gaining popularity in the broadcast and technology market. The companies operating in the broadcast and media technology markets are focusing on developing innovative products to meet industry demands and expand their market reach across the globe. For instance, in March 2022, Quantum Corporation, a US-based data storage, and management company, launched the Unified Surveillance Platform (USP), a durable, versatile, and secure software platform for recording and storing video surveillance data. Quantum is also offering a new range of smart network video recording servers in addition to this software platform (NVRs). To provide a next-generation, integrated appliance for capturing and recording security video, the Smart NVRs combine the Quantum Unified Surveillance Platform software with a purpose-built NVR server. The Quantum USP software consolidates the server's computing, storage, and networking capabilities into a single unified and scalable system, simplifying video recording infrastructure and lowering the total cost of ownership. Quantum's USP is built on software technologies that it bought from EnCloudEn last year. Quantum has further improved and enhanced the software to satisfy the specific requirements of the video surveillance market. In September 2021, Valsoft Corporation Inc., a Montreal-based company that offers end-to-end software solutions for the broadcast industry, acquired VSN Innovation and Media Solutions for an undisclosed amount. This deal will help Valsoft put Aspire Software (an operating group of the company) into a new vertical to strengthen the company's expansion in Spain. VSN Video Stream Networks S.L. is a Japan-based industry leader in media and broadcasting solutions, and its products manage the whole media life cycle in a unified and seamless manner, from ingest to broadcast and archive.  Major players in the broadcast and media technology market are Evertz Technologies Limited, IBM Corporation, Quantum Corporation, ROHDE & SCHWARZ GmbH & Co. KG, Dell Inc. (EMC Corporation), Grass Valley, AVI Systems, Video Stream Networks S.L., WideOrbit Inc., Harmonic Inc., Eletec Broadcast Telecom S.A.R.L, Clyde Broadcast, Sencore, EVS Broadcast Equipment, and ACORDE Technologies S.A. North America was the largest region in the broadcast and media technology market in 2021. The regions covered in the global broadcast and media technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the broadcast and media technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global broadcast and media technology market is segmented - 1) By Solution Type: Web Content Management, Content Storage Solutions, Editorial and Print Workflow, Media/Digital Asset Management, Revenue Management, Ad and Data Management, User management 2) By Hosting Model Type: Integrated, Standalone 3) By End User Type: Broadcasters, Distributors, OTT, IPTV

The enterprise risk management market consists of sales of enterprise risk management solutions and services by entities (organizations, sole traders, and partnerships) that strategically examine risk management from the viewpoint of the entire company or organization. It is a top-down strategy that tries to recognize, evaluate, and get ready for prospective losses, dangers, hazards, and other potential for harm that may obstruct an organization's operations and goals and/or result in losses. The main types of deployment of enterprise risk management are cloud and on-premises. On-premise enterprise risk management refers to enterprise risk management solutions that are implemented in-house and as part of an organization's IT infrastructure where the solution, as well as any connected procedures, is the responsibility of the enterprise. The main components of enterprise risk management include hardware, software, and services. The end-users of enterprise risk management include BFSI, IT and telecom, retail, healthcare, energy and utilities, manufacturing, and government and defense. The enterprise risk management market research report is one of a series of new reports from The Business Research Company that provides enterprise risk management market statistics, including enterprise risk management industry global market size, regional shares, competitors with an enterprise risk management market share, detailed enterprise risk management market segments, market trends and opportunities, and any further data you may need to thrive in the enterprise risk management industry. This enterprise risk management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global enterprise risk management market is expected to grow from $4.46 billion in 2021 to $4.82 billion in 2022 at a compound annual growth rate (CAGR) of 8.0%. The global enterprise risk management market is expected to reach $6.20 billion in 2026 at a CAGR of 6.5%. The surge in data security breaches in enterprises is driving the enterprise risk management market. A data breach is a situation in which information is taken from a system without the owner's knowledge or consent. Data security breaches are increasing due to weak and stolen credentials, application vulnerabilities, malware, malicious insiders, insider error, and others. Enterprise risk management helps to recognize, evaluate, and get ready for prospective losses that may arise due to data security breaches. For instance, in 2021, according to the Identity Theft Resource Center (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, data breaches in 2021 surpassed the total number in 2020 by 17%. Therefore, a rise in data security breaches will propel the growth of the enterprise risk management market. Strategic partnership is a key trend gaining popularity in the enterprise risk management market. Companies operating in the enterprise risk management sector are entering into strategic partnerships to leverage each other's resources and expand into new markets. For instance, in August 2021, Galvanize, a US-based software as a service company that builds security, risk management, compliance, and audit software for the governance, risk management, and compliance (GRC) market, partnered with Turnkey. Through this partnership, Turnkey will include Galvanize's HighBond platform in its extensive lineup of tech-enabled solutions for customers. Turnkey is a London-based provider of Integrated Risk Management (IRM), Identity Access Management (IAM), and Cyber and Application Security. In February 2019, SAI Global, a US-based company that provides integrated risk management (IRM) solutions, acquired Bwise for an undisclosed amount. Through this acquisition, the risk management, internal audit, and regulatory compliance platforms from BWise will be combined with SAI Global's market-leading SAI360 risk and compliance solution to produce the most comprehensive integrated approach to risk management. BWise is a US-based software company that offers financial, corporate, and IT governance solutions. Major players in the enterprise risk management market are IBM Corporation, Capgemini, Fidelity National Information Services, Inc., Infosys Limited, Oracle Corporation, SAP SE, LogicManager, Inc., MetricStream, Dell Inc., Ideagen Plc., Intelex Technologies, SAI Global Pty Limited, QUALYS, INC., Alyne GmbH, MEGA International, and NAVEX Global, Inc. North America was the largest region in the enterprise risk management market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global enterprise risk management market during the forecast period. The regions covered in the global enterprise risk management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the enterprise risk management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global enterprise risk management market is segmented - 1) By Deployment: Cloud, On-Premises 2) By Component: Hardware, Software, Services 3) By Industry Vertical: BFSI, IT and Telecom, Retail, Healthcare, Energy and Utilities, Manufacturing, Government and Defense