Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Acc...
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Global Cloud API Market Overview and North America holds a dominant position in the market in 2016

A cloud application programming interface (API) is a sort of API that enables the creation of services and applications for cloud platform, software, and hardware provisioning. A cloud application programming interface (API) serves as a user interface or gateway for cloud software and infrastructure services, both direct and indirect. The cloud application programming interface differs depending on the services and solutions. Software as a service, Platform as a Service, and Infrastructure as a Service are the three most common forms of services. APIs (application layer) for software as a service enable to integrate with the cloud and underlying IT infrastructure. Platform as a service APIs (Service level) assist in providing cloud access and functionality.

 

Global Cloud API Market Overview

The rising adoption of cloud computing services in several end-use industries, rising demand for technologically advanced services among migrating industries, demand for high operational efficiency & DevOps automation to reduce the time-to-market of a product launch are just a few of the major factors that are expected to fuel the growth of Cloud API Market. The global need for cloud application programming interfaces has been fueled by the increasing popularity of smartphones and cloud platforms.


Cloud API Market
Cloud API Market

 

North America holds a dominant position in the market in 2016

North America dominated the market in 2016, and it is expected to continue to do so throughout the forecast period. The United States and Canada are two of the primary countries driving market expansion in the area. The cloud APIs market in North America generated sales of US$ 115.9 million in 2015. The great prevalence of digitalization and cloud platform has become one of the primary factors that has given the North American cloud application programming interface a prominent position. Furthermore, the cloud API market in this region has been boosted by the presence of top leading businesses such as Google, IBM, Microsoft, Oracle, and others.

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