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Cyber Insurance Market Is Dominated by BFSI Category The cyber insurance market was USD 11,904.6 million in 2022, and it will reach USD 48,328.4 million, growing at a CAGR of 19.1%, by 2030 as per a report by a market research institution, P&S Intelligence. The growth in the cyber insurance industry is attributed to the adoption of cyber insurance as a risk mitigation strategy, the growing number of virus, malware, and various types of attacks on IT networks, and the increasing regulation concerning cybersecurity. The healthcare category is expected to witness the fastest growth, progressing at a rate of more than 20%. The growing digitalization and increasing internet penetration in the healthcare sector to access individual information easily have resulted in online vulnerabilities, because of which crucial data are being exposed to external and internal threats. Due to such factors, the healthcare vertical has become a main target for attackers in recent years. Therefore, to shield themselves from mitigating related and malicious intent losses, numerous healthcare organizations are choosing cyber insurance. Read More: https://www.psmarketresearch.com/market-analysis/cyber-insurance-market

Electric Toothbrush Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies The electric toothbrush market generated a value of USD 2,979.1 million in 2022, and it will propel at 6.1% CAGR, to touch USD 4,788.6 million, by 2030 as per a report by a market research institution, P&S Intelligence. The growth in the electric toothbrush industry is mainly credited to the technologically advanced features of electric toothbrushes that offer an enhanced brushing experience, for instance, whitening benefits and gum massaging actions. North America will generate a revenue of approximately USD 2 billion in 2030. This is credited to the existence of key industry players in the region and the increasing consciousness regarding oral health benefits. The advancement of technology in electric toothbrushes and mounting product launches will further boost the requirement for these toothbrushes in this region in the years to come. The U.S. led the electric toothbrush industry in North America, and it will advance at a rate of more than 5% in the years to come. This is accredited to the mounting tobacco consumption and the increasing unhealthy eating habits in the nation. Browse detailed - https://www.psmarketresearch.com/market-analysis/electric-toothbrush-market Based on distribution channels, the supermarkets/hypermarkets category generated the largest revenue in the electric toothbrush industry. This is mainly because of the accessibility of various cheap and mid-priced electric toothbrushes easily and their replacement heads in this category. Based on the end user, the children category will advance at a rate of approximately 7% in the years to come. This is ascribed to the increasing incidence of tooth decay and cavities in children, which led to more consideration by their parents, to provide oral care properly. Hence, with the advancement of technology in electric toothbrush features, the increasing problem of dental issues, and the mounting consumption of unhealthy dietary, the electric toothbrush industry will continue to grow significantly in the years to come.

Why North America Rules Video Surveillance as a Service (VSaaS) Market? By 2030, the global video surveillance as a service market is predicted to touch $13,584.3 million, since being valued at $2,992.4 million in 2021. The market will grow at an 18.3% CAGR from 2021 to 2030 owing to the rising number of smart cameras and several accompanying sensors, which has resulted in an inclination toward in-band analytics. This combination of variables will augment growth in the market. For instance, there is extensive use of in-band analytics, smart cameras, and other techniques to facilitate operations. The enormous adoption of cloud-based services is creating lucrative opportunities for the video surveillance as a service market. The swift adoption of technology will help the market players to adapt to the shifts in the tastes and preferences of the consumers and the existing market dynamics. Thus, the rising availability of higher frequency bandwidths and various innovations made in cloud computing technology will drive the global market. Users in the surveillance industry are robustly using cloud-based services to cater to their requirements. There is an inherent benefit of swifter response, evidence tampering prevention, and enhanced reach. The surging internet penetration will spur the video surveillance as a service market growth. A market share of at least 35% is held by the hosted category, based on type. This can be ascribed to the extensive utilization of hosted video surveillance as a service in the development of smart cities, and the retail and residential sectors. Moreover, swift-paced internet connectivity, profit-orientation of 5G services, and the surging mobile phone penetration will propel growth in this industry. The lower subscription fees will account for higher sales. Within the vertical segment, the BFSI sector will generate high revenue in the video surveillance as a service market on account of the rising disposable income of the people. The VSaaS provides several benefits including surveillance data access, adding devices flexibility, and lower initial costs. Because of this, these devices are being highly integrated into financial institutions to keep an eye on staff and customers. Furthermore, it also reduces the threats of robberies and kidnapping, enabling the detection of frauds at cash centers to deploy security within banking processes. North America rules the video surveillance as a service market, accounting for approximately 40% of the total revenue. This can be credited to extensive government support, rising threats of terrorism, and surging crime rates in the region. The most usual users of VSaaS are office spaces, restaurants, and hotels. There is an increasing installation of modern surveillance systems by the government in public spaces. In addition, it is also working to expand the usage of these services in the infrastructure and defense industries. Moreover, there is a consistent growth in the European industry because of extensive government support, greater deployment of technologically advanced devices in numerous sectors, coupled with a rising integration of cloud-enabled VSaaS. In addition, APAC will also not lag due to the rising preference for the smart city concept and greater concerns about safety among the citizens in the digitalized era. Thus, the market will boom in the coming years globally. Hence, extensive government support and rising internet penetration will drive the market. Read More: https://www.psmarketresearch.com/market-analysis/video-surveillance-as-a-service-market

Cold Plasma Market is Dominated by North America The cold plasma market will power at a rate of 14.80% in the years to come, reaching USD 5,568 million by 2030, as stated by P&S Intelligence. It will be as a result of the benefits of the cold plasma technology for numerous applications, such as healing of wounds, and progressions in the same. Atmospheric cold plasma had the larger share of revenue in the industry, as a result of its use in a number of applications. For example, it has shown good results in the treatment of eczema. Investigators from the Institute of PPCAS employed an animal model to validate the potential of this technology in the eczema treatment with no side-effects. There is no treatment for atopic dermatitis, alternative term of eczema, up till now; it can be only accomplished with appropriate care. The wound healing category will grow the fastest at a rate, of 15.4%, in the years to come. This is for the reason that, researchers have been employing cold plasma for speeding up the healing of exterior wounds for some time now. This method relies on generating a high-voltage drop between an unusual device known as the plasmaDerm and the skin. Likewise, scientists in Russia have found that the cure of cells with cold plasma bringing about their transformation and regeneration. As per this study, the results can be valuable for the patient treatment with chronic wounds. By the way, the surge in the count of physical trauma cases globally is powering the requirement for the cold plasma technology in the healthcare sector. Cold plasma is also used for adhesion purposes. For instance, a Spanish scientist showed how polyoxymethylene can be a good material for 3D printing when used on a polycarbonate printing base. Based on this observation, the scientist projected the use of the cold atmospheric plasma treatment for improving adhesion. North America cold plasma market had the largest share, of 44%, in the recent past, and it will advance with a significant rate in the years to come. This is as a result of the surge in the healthcare spending and research and development activities. Furthermore, the government of the U.S has augmented its budget for the research of cancer. The Consolidated Appropriations Act, 2023 sanctioned USD 7.3 billion to the NCI, which was a USD 408 million increase over 2022 grant, as well as USD 216 million for the features of the Cancer Moonshot program being supervised by the NCI. Due to the benefits of close plasma technology for numerous applications, the requirement for this material will continue to increase in the years to come. Read More: https://www.psmarketresearch.com/market-analysis/cold-plasma-market