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Algorithmic Trading Market to Reach $65.2 Billion, Globally, by 2032 at 15.9% CAGR: Allied Market Research

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The growth of the global algorithmic trading industry is mainly driven by factors such as rise in demand for reliable, fast, and effective order execution; emergence of favorable government regulations; and the need for market surveillance primarily. 

PORTLAND, Ore., Sept. 23, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Algorithmic Trading Market by Component (Solution and Services), Deployment Mode (On-premises and Cloud), Type (Stock Markets, FOREX, ETF, Bonds, Cryptocurrencies and Others), Type of Trader (Institutional Investors, Long-term Traders, Short-term Traders and Retail Investors): Global Opportunity Analysis and Industry Forecast, 2024-2032″. According to the report, the algorithmic trading market was valued at $17.0 billion in 2023, and is estimated to reach $65.2 billion by 2032, growing at a CAGR of 15.9% from 2024 to 2032.

Prime determinants of growth 

The growth of the global algorithmic trading industry is mainly driven by factors such as rise in demand for reliable, fast, and effective order execution; emergence of favorable government regulations; and the need for market surveillance primarily. In addition, rise in demand for reducing the transaction costs fuels the demand for algorithmic trading. However, insufficient risk valuation capabilities may hamper market growth to some extent. On the other hand, the emergence of AI and algorithms in the financial services is expected to provide lucrative opportunities for market growth during the forecast period. In addition, rise in demand for cloud-based solutions is anticipated to be opportunistic for algorithmic trading market growth during the forecast period. 

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Report coverage & details: 

Report Coverage 

Details 

Forecast Period 

2023–2032 

Base Year 

2022

Market Size in 2023 

$17.0 billion 

Market Size in 2032 

$65.2 billion 

CAGR 

15.9 %

No. of Pages in Report 

200

Segments Covered 

Component, Deployment Mode, Type, Type of Trader, and Region. 

Drivers 

Rise in demand for reliable, fast, and effective order execution 

Emergence of favorable government regulations 

The need for market surveillance primarily 

Opportunities 

The emergence of AI and algorithms in the financial services 

Rise in demand for cloud-based solutions 

Restraint 

Insufficient risk valuation capabilities 

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Market Segment and Scope: 

The solution segment is expected to grow faster throughout the forecast period.

By component, the solution segment held the highest market share in 2023 and is expected to retain its dominance throughout the forecast period. The demand for algorithmic trading solutions is mainly driven by its benefits such as reduced transaction costs due to lack of human intervention and instant and accurate trade order placement. However, the service segment is projected to manifest the highest growth from 2024 to 2032, due to an extensive adoption of professional services among end users, as it ensures effective functioning of algorithmic trading solution throughout the process. 

The on-premises segment is expected to grow faster throughout the forecast period.

By deployment mode, the on-premises segment held the highest market share in 2023 and is expected to retain its dominance throughout the forecast period, due to increase in adoption of cloud-based applications by financial institutions to enhance their productivity and efficiency. However, the cloud segment is expected to witness the highest growth during the forecast period. Cloud-based algorithmic trading solutions are gaining popularity among the traders as they ensure the effective automation of processes and data maintenance along with cost-friendly management. 

The stocks market segment is expected to lead throughout the forecast period.

By type, the stocks market segment held the highest market share in 2023 and is expected to retain its dominance throughout the forecast period. Algorithmic trading has revolutionized the financial markets by increasing liquidity, reducing trading costs, and enabling sophisticated trading strategies to be executed automatically. However, the crypto currency segment is projected to manifest the highest CAGR from 2024 to 2032. Crypto algorithmic trading can encompass various strategies, including trend following, arbitrage, and market making. It offers advantages such as high-speed execution, the ability to capitalize on market inefficiencies, and the elimination of emotional bias from trading decisions. 

The Institutional Investors segment is expected to grow faster throughout the forecast period.

By type of trader, the institutional investors segment held the highest market share in 2023, accounting for two-fifths of the global algorithmic trading market revenue and is expected to retain its dominance throughout the forecast period. Algorithmic trading has become a basis for institutional investors, offering efficiency, speed, and precision in executing trades across diverse markets. However, the retail investors segment is projected to manifest the highest CAGR from 2024 to 2032. Retail investors can benefit from algorithmic trading by leveraging the speed and efficiency of automated systems to execute trades more quickly and accurately than manual trading. 

Asia-Pacific to maintain its dominance by 2032

By region, North America held the highest market share in terms of revenue in 2023 and is expected to dominate in terms of revenue throughout the forecast timeframe, owing to a number of factors including huge investments in trading technologies and increase in government support for global trading. In addition, the extensive presence of algorithmic trading vendors in the region propels the growth of the market. However, Asia-Pacific is expected to exhibit the highest growth during the forecast period, due to heavy investments by public and private sectors to enhance their trading technologies, thus driving the demand for algorithmic trading solutions to automate trading processes. 

Buy this Complete Report (200 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/algorithmic-trading-market/purchase-options

Major Industry Players: – 

Software AG Metaquotes Software CorpArgo SE Tata Consultancy Services Symphony Fintech Solutions Pvt Ltd. 63moons Algo Trader AG Virtu Financial Tethys 

The report provides a detailed analysis of these key players in the global algorithmic trading market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Recent Industry Developments 

In March 2021, Cowen, an American multinational independent investment bank and financial services company launched an algorithmic trading solution to help institutional clients navigate market dynamics caused by increased volumes of retail trading. In September 2022, CoinShares, Europe’s largest and longest standing full-service digital asset investment and trading group, launched HAL, a leading crypto-assets trading strategies platform. HAL aims to simplify and democratize crypto trading, which many investors consider complex. It is designed to enable more users to boost their trading with professional algorithms, a simple user experience, fair and transparent pricing, and educational content. 

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):

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Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Technology

Molex Unveils Versatile VaporConnect Optical Feedthrough Modules Enabling Thermal Management Innovations to Address AI-Driven Data Center Growth

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First-to-market, cassette-based solution for two-phase immersion cooling slashes time and cost associated with installing and upgrading hyperscale data centersPlug-and-play deployment easily connects immersion-tank optical transceivers to cabling infrastructure via fully upgradeable sealed modulesFuture-proof capabilities include flexibility to change connector types and shuffle circuit configurations without impacting mechanical interfaces or tank design

LISLE, Ill., Sept. 23, 2024 /PRNewswire/ — Molex, a global electronics leader and connectivity innovator, today introduced a thermal management solution that reduces the time and cost of deploying and upgrading high-performance data centers to meet unrelenting demand for generative AI and machine learning workflows. Molex VaporConnect™ Optical Feedthrough Modules for two-phase immersion cooling address constant increases in data center speed and capacity by leveraging a unique, cassette-based design that bolts directly onto immersion tanks and enables optical transceivers and network cabling infrastructure to be swapped out without changing mechanical interfaces or impacting immersion tank architecture. Reference designs for the new modules will be available commercially in Q1 of 2025.

“Molex continually embraces innovative optical solutions to ease data center deployments and upgrades while alleviating critical thermal management challenges,” said Trevor Smith, general manager, Optical Connectivity, Molex. “VaporConnect gives customers the flexibility to upgrade connectivity and scale cooling system designs to keep pace with data center growth by simply deploying a different module, which will accelerate upgrades while reducing overall energy, cooling and technology costs.”

Streamlining Two-Phase Immersion Cooling
Molex VaporConnect Optical Feedthrough Modules simplify the connections between optical transceivers contained within immersion tanks and cabling infrastructure that exists outside the tank using fully upgradeable sealed modules. With VaporConnect, sealing and cabling is accomplished inside the module, giving customers the opportunity to upgrade connectors without impacting immersion tank design or architecture. Additionally, customers have the flexibility to re-use standard cabling infrastructure for multiple product generations, which further reduces deployment time, cost and complexity.

A full range of industry-standard and Molex optical connector form factors are available for single- and multi-mode fiber solutions. They also feature mix-and-match functionality to facilitate system upgrades to newer or denser connectors. Customizable module footprints are available to fit specific space and application requirements. Also, Molex VaporConnect Optical Feedthrough Modules are designed to minimize external patching and shuffle requirements by leveraging Molex FlexPlane™ optical circuitry technology. As a result, complex optical shuffles and high-density fiber routing are integrated seamlessly within the module for simpler installation and plug-and-play operation.

Reliable, Versatile, Upgradeable Optical Interconnects
A sealing gasket comes with every VaporConnect module, which is thoroughly tested using industry-standard, helium-leak testing to ensure a reliable seal with the tank wall. This also assures a seamless transition from the server line cards inside the tank to outside cabling infrastructure. Testing is underway for compliance with industry-standard GR-1435-CORE.

VaporConnect modules are designed to accommodate customer specifications, with the number of fiber channels dependent on the number and type of connectors used. As many as 576 fibers can be integrated into a single module. A range of form factor options are available, including MPO, LC and very small form factor (VSFF) options, such as MMC, MDC, SN and SN-MT. This ensures conformance to existing infrastructure and streamlines system upgrades. As part of Molex’s continued investment in this area, an EBO connector option is currently in development, with availability slated for the first half of 2025.

Molex’s Commitment to Optical Network Innovations on Display at ECOC 2024
As the largest manufacturer of Optical Feedthrough Modules for two-phase immersion cooling, Molex has shipped more than 350,000 optical channels to date. At this year’s ECOC’24, Molex will reinforce its commitment to optical network infrastructure innovations with on-site product displays, including the new VaporConnect Optical Feedthrough Modules. The company’s extensive line of optical connectivity products, optoelectronics solutions and wavelength management systems also are being featured at Stand C75. As a participating member in OIF, Molex is part of an interoperability demonstration, which takes place at Booth B83, to spotlight optical networking innovations and solutions for data centers, AI/ML technologies and disaggregated systems.

About Molex
Molex is a global electronics leader committed to making the world a better, more-connected place. With a presence in more than 40 countries, Molex enables transformative technology innovation in the automotive, data center, industrial automation, healthcare, 5G, cloud and consumer device industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life. For more information, visit www.molex.com.

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SOURCE Molex Incorporated

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CASIO Aims to Capture the Capital’s Fashion-Centric Urban Youth with its New Exclusive Store at Kamla Nagar

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NEW DELHI, Sept. 23, 2024 /PRNewswire/ — Casio Computer Co. Ltd, headquartered in Japan and the parent company of Casio India, launches its exclusive store in Kamla Nagar. With this endeavour, the brand has strengthened its retail footprint to 64 stores across India with the fifth exclusive Casio store in New Delhi.

Located in the heart of Kamla Nagar market, a vibrant hub for Delhi University students, the new Casio Exclusive store is poised to become an emblem of trendsetting timepieces, blending Japanese quality and craftsmanship with sophisticated style. The store features G-SHOCK’s Limited-Edition drops, all iconic styles of 5000, 5600, 6900, 110 & 2100 Series and the latest launches from the G-STEEL range. Customers will find timepieces that showcase precision and design—from the rugged durability of G-SHOCK to the timeless elegance of Casio watches to the sophisticated chronographs of Edifice, and the nostalgic appeal of Vintage—catering to a wide array of tastes and preferences.

Speaking about the launch, Mr. Hideki Imai, Managing Director of Casio India, said, “We are thrilled to announce the opening of our newest CASIO store in Kamla Nagar, marking our fifth milestone in Delhi and our 64th across India. This launch represents a significant step in our nationwide expansion and our commitment to engaging with the students and watch enthusiasts who frequently visit and reside in the North campus of Delhi University.

“Kamla Nagar, with its vibrant community of young, creative minds, is the ideal location for our newest store. This launch reinforces our dedication to delivering unique and immersive experiences to our consumers in Delhi NCR, aligning with their evolving lifestyles and preferences. We look forward to welcoming our customers to the new store, where they can experience a fine blend of Japanese craftsmanship, unmatched durability and trendsetting style.”

Set to open its doors to Delhi University’s fashion and watch enthusiasts who value individuality and a unique sense of style, this store promises an enthralling experience unlike any other. Located at Shop No. 33/34, Kamla Nehru Marg, Bungalow Road, the brand invites visitors to explore its newly curated space, where every corner embodies the spirit of innovation and creativity. The store is operational from 10:30 AM to 09:30 PM on all days of the week.

About Casio India Co. Pvt. Ltd.:

Casio India Co. Pvt. Ltd.(CIC) is the Indian subsidiary of Casio Computer Co., Ltd., Tokyo, Japan, one of the world’s leading manufacturers of consumer electronics and business equipment solutions. Casio India has established a dynamic presence in the Indian market since 1996, emerging as a leading and cherished consumer goods manufacturer. Casio India’s range of products includes the sales and marketing of Timepieces, Electronic Musical Instruments, Desktop Calculators, Scientific Calculators, Label Printers, and Clocks.

 Setting the benchmark for excellence, Casio India is dedicated to embodying the spirit of innovation and quality that defines the Casio legacy. With a strong commitment to its corporate creed of ‘creativity and contribution,’ Casio has consistently translated this ethos into the creation of innovative products making a positive impact on society.

For more information, visit https://www.casio.com/in/

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Hospital in Greenland chooses Sectra’s radiology solution–enhanced cross-country collaboration for improved patient care

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LINKÖPING, Sweden, Sept. 23, 2024 /PRNewswire/ — International medical imaging IT and cybersecurity company Sectra (STO: SECT B) will provide its enterprise imaging solution to Dronning Ingrids hospital (DIH) in Greenland. The solution will enhance DIH’s ongoing collaboration with hospitals in Denmark, addressing resource and subspecialty challenges, and ultimately improving patient care in the region. 

“The partnerships we have with hospitals in Denmark are highly important to us as we, being sparsely populated, struggle to recruit staff and cover medical specialties locally. To deliver care at the speed and quality we want, we need to both increase the efficiency of our internal radiology workflows and facilitate the cooperation with healthcare providers in Denmark. Sectra’s unified platform enables this by providing easy access to images, data, patient portfolio and necessary tools, along with the ability to efficiently share information,” says Cosmus Pyndt, Manager of the diagnostic and therapeutic department in the region.

DIH is Greenland’s central hospital. It is located in the city of Nuuk, also supporting 15 clinics spread around the country. The contract for Sectra’s enterprise imaging solution was signed in the second quarter of Sectra’s 2024/2025 fiscal year following a donation to the hospital from Kirsten og Freddy Johansens Fond. DIH will initially utilize the solution’s module for radiology.

“Sharing resources, expertise and workload between hospitals within a region or, as in this case, even across borders, is crucial in handling the increasing workloads in healthcare and resource shortages. Therefore, the sharing of information and images between hospitals should be efficient and easy. It is encouraging to witness the collaboration between DIH and hospitals in Denmark. The involvement of Rigshospitalet in Denmark, which went live with Sectra this summer, and particularly the expertise of Chief Radiologist Martin Lundsgaard Hansen, has been helpful in shaping this project,” says Sune Henriksen, Managing Director, Sectra Denmark.

He continues: “I am honored to support Dronning Ingrids hospital in delivering high-quality patient care, and we are excited about this new chapter for Sectra as we extend to support healthcare in Greenland.”

Sectra’s enterprise imaging solution provides a unified strategy for all imaging needs while lowering operational costs. The scalable and modular solution, with a VNA at its core, allows healthcare providers to grow from ology to ology and from enterprise to enterprise. Visit Sectra’s website to read more about Sectra and why it’s top-ranked in ‘Best in KLAS‘.

About Sectra
Sectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2023/2024 fiscal year totaled SEK 2,964 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra’s website.

For further information, please contact:
Dr. Torbjörn Kronander, CEO and President Sectra AB, +46 (0)705 23 52 27
Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, +46 (0)708 23 56 10

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