Report : Asia Pacific Image Analysis Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment Type (On-Premises and Cloud), Image Dimension (2D, 3D, and 4D), and Industry Vertical (Healthcare & Life Sciences; Manufacturing; Academia; Minerals, Metals, and Oil; and Others)
On-Premises Segment to Dominate Asia-Pacific Image Analysis Software Market during 2019–2028
According to a new market research study on “Asia-Pacific Image Analysis Software Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Deployment Type, Image Dimension, and Industry Vertical,” is expected to reach US$ 1,896.57 million by 2028 from US$ 884.46 million in 2021. The market is estimated to grow at a CAGR of 11.5% from 2021 to 2028. Increasing demand for cloud-powered image analysis solutions is the major factor driving the growth of the Asia-Pacific image analysis software market. However, high installation cost of image analysis solutions may hinder the growth of Asia-Pacific image analysis software market. The report provides trends prevailing in the Asia-Pacific image analysis software market along with the drivers and restraints pertaining to the market growth.
Asia-Pacific is highly affected by the COVID-19 outbreak due to many cases in China; the country is the most significant manufacturer and industrial producer. China trades more manufacturing goods than any other country. The study by CSIS reviewed estimates of the country’s growth, and a drop was observed in 2020 in the national gross domestic product (GDP). The other major economies, such as India, South Korea, Australia, and Japan, are also experiencing downward economic growth. The ongoing mobility restrictions and cancelation/postponement of several business conferences and events due to the COVID-19 pandemic have affected the overall market in this region. Since many firms’ employees have started working from home, the demand for image analysis software solutions has increased gradually.
The Asia-Pacific Image analysis software market segmented by deployment type, image dimension, industry vertical, and country. Based on deployment type, the Asia-Pacific image analysis software market is segmented into on-premises and cloud based. In 2020, the on-premise segment held the largest share Asia-Pacific image analysis software market. Based on the image dimension, the Asia-Pacific image analysis software market is segmented into 2D, 3D, and 4D. In 2020, the 2D segment held the largest share Asia-Pacific image analysis software market. Based on the industry vertical, the Asia-Pacific image analysis software market is segmented into healthcare and life science, manufacturing, academia, minerals, metals and oil and others. In 2020, the healthcare and life science segment held the largest share Asia-Pacific image analysis software market. Similarly, based on country, the market is segmented into China, Japan, India, South Korea, Australia, and rest of APAC. Japan contributed a substantial share in 2020.
Bio-Rad Laboratories, Inc; Carl Zeiss AG; CLEMEX TECHNOLOGIES INC.; Leica Microsystems; MEDIA CYBERNETICS, INC.; MIPAR; MVTec Software GmbH; Olympus Corporation; Oxford Instruments; PAX-IT; PerkinElmer Inc.; and TISSUEGNOSTICS GMBH are among the leading companies in the Asia-Pacific Image Analysis Software Market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Imaris launches Version 9.8 - Object visualisation on extended sections, as well as raw data, has been added by the company, opening up new means of validating detection and editing in Imaris.
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