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The Global Process Analytical Technology Market is estimated to be USD 2.1 Bn in 2020 and is expected to reach USD 3.69 Bn by 2025, growing at a CAGR of 12.5%.
Market Dynamics
Major factors that drive the market growth are Increasing R&D activities in pharmaceutical and biopharmaceutical companies, rapid technological advancements in analytical devices, Increasing drug discovery and development activities, and strict government regulations for drug manufacturing and safety. Other factors that help in boosting the market growth are increasing government investments in emerging countries as the emerging markets offer plenty of growth opportunities for manufacturers of process analytical technology solutions. Hence, all these factors help in driving the growth of the market during the forecast period.
Outlook on the Process Analytical Technology Global Market to 2025 - Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis
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Lumen Technologies is the only company to win Frost & Sullivan s prestigious 2021 Global New Product Innovation Award for its Holistic Web Protection Solutions
Combination of technologies lauded for reshaping enterprise security in the wake of the 4th Industrial Revolution
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DENVER, Feb. 18, 2021 /PRNewswire/ As the 4
th Industrial Revolution continues to rapidly transform the way businesses operate, Lumen Technologies (NYSE: LUMN)
today announced that its efforts to reshape the enterprise security landscape has been recognized with a prestigious, global award.
Experience the interactive Multichannel News Release here:
Lumen Research Graphic
As the only recipient of the Frost & Sullivan 2021 Global New Product Innovation Award in the holistic web protection market, Lumen received the acclaim for its combination of enterprise security solutions including: