ACCESS Newswire
22 Sep 2020, 19:08 GMT+10
Major cloud ELN service providers are focused on optimizing applications for contract research organizations to boost revenues for the duration of the coronavirus crisis.
DUBAI, UAE / ACCESSWIRE / September 22, 2020 / The cloud ELN services market is estimated to reflect a 3x growth between 2019 and 2029. Social distancing guidelines, and lockdown measures imposed by governments around the world is boosting the demand for cloud ELN services in a number of research verticals including pharma, food & beverage, energy, and IT among others. Superior compliance and lab automation capabilities aids short term market prospects.
'Cloud ELN services provide a superior alternative for conventional data records associated with lab work. Cloud ELN enables secure sharing and references of data records, which is expected to increase the demand for ELNs within professional laboratory facilities for the foreseeable future,' says the FMI analyst.
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Cloud ELN Services Market - Key Takeaways
Cloud ELN Services Market - Driving Factors
Cloud ELN Services Market - Key Constraints
The Anticipated Impact of Coronavirus
The coronavirus pandemic is expected to open up a number of growth opportunities for the cloud ELN service market. Lockdown measures imposed by governments around the world hinder conventional laboratory collaborations with external partners. However, this issue is largely solved through the use of cloud ELN. In addition, cloud ELN services provide automated backups of data while also reducing costs which will bolster adoption strongly throughout and even after the crisis period.
Explore the global cloud ELN services market report with 192 illustrative figures, 44 data tables and the table of contents. You can also find market segmentation on https://www.futuremarketinsights.com/ask-question/rep-gb-1984
Competition Landscape
Key manufacturers in the cloud ELN service market include but are not limited to LabWare, Agilient Technologies, Perkin Elmer, Abbott Informatics, and Biodata.
Leading players in the cloud ELN service market have been observed investing in strategic collaborations and acquisitions in the industry to meet customized requirements of projects in myriad verticals.
For instance, Collaborative Drug Discovery has announced the integration of its Vault ELN with Microsoft's Cloud Storage Program to facilitate real-time coordination between ELN users. Dotmatics has announced the acquisition of BioBright, which will involve cloud ELN capabilities with a single supplier. Also, AGU and TetraScience have joined hands for biopharma research through cloud ELN service.
More About the Report
The FMI's market research report offers detailed insights on cloud ELN services market. The market is scrutinized on the basis of component (software and services), deployment (public and private cloud), enterprise size (SMEs and large enterprises), and industry (healthcare & life science, energy, academic & scientific research, food & beverages, petrochemicals, mining and metals, and others) across eight key regions (North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, GCC countries, and Middle East and Africa).
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About Future Market Insights
Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FMI helps clients from across the globe with their unique business intelligence requirements. With a repository of over thousand reports and 1 million+ data points, the team has scrutinized the electronics, semiconductors, and ICT sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.
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SOURCE: Future Market Insights
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