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Home › Press Releases
Press Releases
Title | Date |
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Energy Management Systems Market worth $84.34 billion by 2029According to a research report "Energy Management Systems Market by Component (Software, Hardware, Services), Type (HEMS, BEMS, IEMS), Deployment (On-premises and Cloud-based), End-use industry, & Region - Global Forecast to 2029" published by MarketsandMarkets, the market size for energy management systems is projected to reach approximately USD 84.34 billion by the year 2029, as compared to the estimated value of USD 44.19 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 13.8% over the forecast period. ...... Read More |
September 6, 2024 |
Packaging Films Market worth $159.7 billion by 2033The report "Packaging Films Market by Application (Food, Beverage, Pharmaceutical & Healthcare, Personal Care & Cosmetics), Film(PE, BOPP, BOPET, CPP, PVC, PA, EVOH, Cellulose), Type (Pouches, Bags, Films & Wraps, Rollstock), Region - Global Forecast to 2033", is projected to grow from USD 105.4 Billion in 2024 to USD 159.7 Billion by 2033, at a CAGR of 4.7% during the forecast period. With their versatility, sustainability and in-tune-with-the-times ability to cater to the needs of both consumers as well as industries packaging films are becoming increasingly popular. With the rising demand for eco-friendly packaging solutions, various options in terms of recyclable, biodegradable and compostable materials have emerged within the packaging films space aligned with global sustainability goals. Packaging films are light which means less fuel is burned in their transportation and hence lesser carbon emissions. The new technologies have also facilitated excellent barrier performance for the packaging films, which serves best to prolong the shelf life of especially foodstuffs and pharmaceuticals along with several perishable items. This growing popularity can be attributed to the convenience, flexibility and facility of providing tamper-evident packaging in industries including food & beverage, healthcare and personal care. ...... Read More |
September 6, 2024 |
Blockchain Security Market worth $37.4 billion by 2029According to a research report "Blockchain Security Market by Solution (Key Management, Smart Contract Security, Penetration Testing, IAM, and Audits), Services (Development & Integration, Technology Advisory & Consulting, Incident and Response) - Global Forecast to 2029" published by MarketsandMarkets, When forecasted globally, the blockchain security market is projected to rise from USD 3.0 billion in 2024 to USD 37.4 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. The blockchain security market is driven by key factors including the rising frequency of cybersecurity threats and breaches, the growing adoption of blockchain technology, and the expansion of Decentralized Finance (DeFi). ...... Read More |
September 6, 2024 |
Quantum Networking Industry worth $5,382.0 million by 2029The report "Quantum Networking Market by Offering (Quantum Key Distribution (QKD), Quantum Random Number Generator (QRNG), Quantum Repeater, Quantum Memory, Photon Detectors, Software), End User Industry (BFSI, Government & Defense, IT & Telecom) - Global Forecast to 2029" The quantum networking market is projected to grow from USD 861.8 million in 2024 and is estimated to reach USD 5,382.0 million by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 44.2% from 2024 to 2029. ...... Read More |
September 5, 2024 |
Autonomous Boats Industry worth $872 million by 2029The report "Autonomous Boats Market by Propulsion (Fully Electric, Fuel-powered, Hybrid Electric), Boat Size (<20 Feet, 20-40 Feet, >40 Feet), Type (Cruising Boats, Tug & Work Boats, Combat Boats), Autonomy and Region - Global Forecast to 2029" The Autonomous Boats Market is estimated to be USD 558 million in 2024 and is projected to reach USD 872 million by 2029 at a CAGR of 9.3 % from 2024 to 2029. ...... Read More |
September 5, 2024 |
Tube Packaging Market worth $4.6 Billion by 2029The report "Tube Packaging Market by Type (Laminated, Plastic, Aluminium), Packaging Type (Squeeze & Collapsible, Twist), Application (Oral Care, Beauty & Cosmetics, Food & Beverages, Pharmaceuticals, Cleaning Products), Capacity, & Region - Global Forecast to 2029", is projected to grow from USD 3.5 Billion in 2024 to USD 4.6 Billion by 2029, at a CAGR of 5.9%. The growth of tube packaging is boosted by the growing beauty & cosmetic industry, expansion in the oral care industry, and innovation in tube packaging. However, presence of stringent regulations, increasing production costs, and alternative packaging solutions are the major restraining factors. Additionally, the growing e-commerce industry, customization and premiumization in tube packaging solutions, and growing emphasis on sustainability are some of the major opportunities factors that will help the tube manufacturers in the future. ...... Read More |
September 5, 2024 |
Conveyor System Market worth $14.8 billion by 2030According to a research report "Conveyor System Market By Industry (Retail & Distribution, Food & Beverage, Automotive, Electronic, Mining, & Airport), Type (Belt, Roller, Overhead, Floor, Pallet, Crescent, Cable, Bucket) Component, Operation & Region - Global Forecast to 2030" published by MarketsandMarkets, the Conveyor System market size is projected to grow from USD 10.4 Billion in 2024 to USD 14.8 Billion by 2030, at a CAGR of 6.0%. The constant need to increase the productivity each year is expected to increase the demand for highly mechanized and automated material handling systems like Conveyor System. Additionally, continuous innovation in advance driving technologies and components will boost the demand for Conveyor System. ...... Read More |
September 4, 2024 |
Wireless Gigabit Industry worth $138.8 million by 2029The report "Wireless Gigabit Market SoC, Module, IEEE 802.11AD, IEEE 802.11AY, 57-71 GHz, Router, Access Point, Docking Station, Backhaul Station, Adapter, AR/VR, Multimedia Streaming, Video Wall, Biometric, Smart City, Gesture Control - Global Forecast to 2029" The global Wireless Gigabit market is expected to be valued at USD 66.9 million in 2024 and is projected to reach USD 138.8 million by 2029, growing at a CAGR of 15.7% from 2024 to 2029. The growing adoption of AR/VR devices, IoT, and connected devices, and rising demand for definition video streaming and online gaming create new avenues for wireless gigabit applications. Continuous advancements in wireless communication technologies drive market growth by offering enhanced speed and capacity. Additionally, the increasing adoption of integration of IoT devices in smart infrastructure applications such as traffic management, connected public systems, will drive the demand for wireless gigabit market. ...... Read More |
September 4, 2024 |
Autoinjectors Market worth $3.02 billion by 2030The report "Autoinjectors Market by Usage (Disposable, Reusable), Technology (Manual, Automatic), Therapy (Rheumatoid Arthritis, Diabetes, Obesity, Anaphypaxis, Multiple Sclerosis), Route of Administration (SC, IM), Volume (<3ml, >3ml) - Global Forecast to 2030 ", is projected to to expand to a value of USD 3.02 billion in 2030 from USD 1.40 billion in 2024, with a significant CAGR of 13.6%. The autoinjector finished formulations market is projected to surge to a value of USD 134.27 billion in 2030 from USD 67.30 billion in 2024, growing at a CAGR of 12.2%. Some of the prominent factors driving the growth of market are adequate reimbursement policies and rise in number of regulatory approvals for autoinjectors. ...... Read More |
September 4, 2024 |
Enterprise Networking Market worth $175.2 billion by 2029According to a research report "Enterprise Networking Market by Networking Devices (Routers, Switches, Firewalls, Access Points), Technology (SDN, SD-WAN, SASE, Intent-Based Networking), Network (Branch, Remote, Campus, Datacenter), Connection (Wired, Wireless) - Global Forecast to 2029" published by MarketsandMarkets, The enterprise networking market is estimated at USD 115.8 billion in 2024 to USD 175.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 8.6%. Enterprise networking refers to a complex, large communication system that integrates an organization's computers, devices, and data centers into a network for resource sharing and information exchange. With the advent of 5G networking, a significant change is being realized within enterprise networking. Zero-trust security models are being deployed assuming that no device, user, or system has to be trusted by default, not even when it is within the perimeter of the network. Enterprise networking acts as the backbone for most modern organizations, which helps different entities communicate, collaborate and enables access to important applications and data. In this respect, demand and opportunities for enterprise networks increase hand in hand with the evolution of technology. ...... Read More |
September 4, 2024 |
Synthetic Dyes Market worth $9.1 billion by 2029The report "Synthetic Dyes Market by Structure, Form, Application, Fabric Type, Type (Acid; Disperse; Reactive; Direct; Basic; Solvent), End-Use Industry (Textile; Leather; Pulp & Paper; Building & Construction; Personal Care) - Global Forecast to 2029 ",, is Projected to Reach USD 9.1 billion by 2029, at a CAGR of 5.0% From USD 7.1 billion In 2024. ...... Read More |
September 4, 2024 |
Autonomous Enterprise Market worth $114.0 billion by 2029According to a research report "Autonomous Enterprise Market by Solutions (Robotic Process Automation, Autonomous Networks, Accounts Automation, Security Automation), Business Functions (IT, Sales & Marketing, Supply Chain & Operations, Accounting & Finance) - Global Forecast to 2029" published by MarketsandMarkets, the Autonomous Enterprise market is expected to reach USD 114.0 billion by 2029 from USD 50.5 billion in 2024, at a CAGR of 17.6 % during 2024–2029. ...... Read More |
September 3, 2024 |
Proteomics Market worth $60.5 billion by 2029The report "Proteomics Market by Instrumentation (Mass Spectrometry, HPLC, Electrophoresis, Protein Microarray (Protein Chips), Reagents (Immunoassay), Services (Purification, Bioinformatics), Software, Application (Clinical, Drug Discovery) - Global Forecast to 2029", global proteomics market is predicted to reach USD 60.5 billion by 2029 from 33.6 billion in 2024, growing at a CAGR of 12.4% ...... Read More |
September 3, 2024 |
Portable Projector Industry worth $2.1 billion in 2029The report "Portable Projector Market by Digital Light Processing (DLP), Liquid Crystal Display (LCD), LCoS Technology, VGA, XGA, HD & Full-HD, 4K, 2D, 3D, <50 inches, 50 to 200 inches, >200 inches, <500 Lumens, 500 to 3,000, >3,000 Lumens – Global Forecast to 2029" The global portable projector market size is projected to reach USD 2.1 billion in 2029 from USD 1.7 billion by 2024, with a CAGR of 4.4%. Key factors propelling the market growth include the rapid technological advancements and increased demand in educational and business sectors. Moreover, the increase in demand in entertaiment sector mainly due to the expansion of the gaming industry and consumer electronics are expected to create significant opportunities for the portable projector market. ...... Read More |
September 3, 2024 |
Amphoteric Surfactants Market worth $7.1 billion by 2029The report "Amphoteric Surfactants Market by Type (Betaine, Amine Oxide, Amphoacetates, Amphopropionates, Sultaines, Substituted Imidazoline), Application (Personal Care, Home Care & Cleaning, Oil Field Chemicals), and Region - Global Forecast to 2029", size was USD 5.8 billion in 2024 to USD 7.1 billion by 2029, at a CAGR of 4.2% from 2024 to 2029. ...... Read More |
September 3, 2024 |
Fiber Optics Industry worth $6.8 billion by 2029The report "Fiber Optics Market by Fiber Type (Glass, Plastic), Cable Type (Single-mode, Multi-mode), Deployment (Underground, Underwater, Aerial), Application (Communication, and non-communication) and Region – Global Forecast to 2029" The fiber optics market is expected to grow from USD 3.2 billion in 2024 to USD 6.8 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.4% from 2024 to 2029. This market's growth is driven by growing internet penetration and data traffic, rising deployment of data center facilities worldwide, and increasing demand for high bandwidth. The increasing promotion of advanced technologies such as big data, machine learning, and Al analytics among internet users worldwide is expected to play a major role in driving the growth of the fiber optics market. The increasing multimedia consumption leads to massive data creation and replication worldwide. The rising amount of data generated is expected to increase the deployment of new fiber optic cables and subsystems. According to the Digital Economy Report 2021 by the United Nations Conference on Trade and Development (UNCTAD), about 64.2 zettabytes of data were created or replicated. Also, the global data creation and replication is expected to experience a 23% growth from 2020-2025. The rise in data creation is expected to increase the deployment and expansion of servers, storage racks, and data center facilities worldwide, fueling the fiber optics market growth from 2024 to 2029. ...... Read More |
September 2, 2024 |
Cloud Services Brokerage Market worth $26.2 billion by 2029According to a research report "Cloud Services Brokerage Market By Service Type (Aggregation (Multi-Cloud, Data Integration, Automation & Orchestration), Intermediation (Security, Performance & Usage), Arbitrage (Marketplace, Service Catalog, Enablement)) - Global Forecast to 2029" published by MarketsandMarkets, the Cloud Services Brokerage is expected to grow from USD 11.4 billion in 2024 to USD 26.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 18.0% during the forecast period. A need for optimizing cost efficiency will boost the growth of the cloud services brokerage market during the forecast period. ...... Read More |
September 2, 2024 |
Synthetic Gypsum Market worth $1.8 Billion by 2030The report "Synthetic Gypsum Market by Type (FGD Gypsum, Phosphogypsum, Citrogypsum, Fluorogypsum), Application (Cement, Building Materials, Gypsum Board, Soil Amendments, Dental), & Region - Global Forecast to 2030", size is projected to grow from USD 1.4 billion in 2024 and is projected to reach USD 1.8 billion by 2030, at a CAGR of 4.3%. Synthetic gypsum is a by-product produced during the flue gas desulfurization process of a power plant, where the sulfur dioxide emissions can be reduced. Regarding the chemical composition, it is similar to natural gypsum and used for the production of cement, gypsum board, and several building materials in the construction industry. Since the environmental regulations tend to get tougher and the construction market maintains to grow, especially in APAC, the Middle East, and South America, the demand for synthetic gypsum should increase. Moreover, it should be noted that the trend of wet FGD use in power plants fosters the synthetic gypsum application. The building industry becomes increasingly oriented towards green and cost-effective materials and, as a result, synthetic gypsum is likely to play a significant role in the future world of green construction. ...... Read More |
September 2, 2024 |
Forklift Market worth $125.4 billion by 2030According to a research report "Forklift Market By Class (1, 2, 3, 4/5), Propulsion (Electric, ICE), Battery Type (Li-ion, Lead Acid), Tonnage Capacity, Operation, Application, Tire, Product Type, End Use Industry, Electric Forklift, Lifting Capacity & Region - Global Forecast to 2030" published by MarketsandMarkets, the global forklift market is estimated to grow from USD 85.2 billion in 2024 to USD 125.4 billion by 2030, with a CAGR of 6.7% over the forecast period. ...... Read More |
September 2, 2024 |
Non-invasive Prenatal Testing (NIPT) Market worth $14.1 billion by 2029The report "Non-invasive Prenatal Testing (NIPT) Market by Product & Service (Consumables (Assay Kits & Reagents), Instruments (NGS Systems, Microarrays)), Method (Biochemical Screening, Cell-free DNA Test), End User (Diagnostic Labs) - Global Forecast to 2029", is projected to reach USD 14.1 billion by 2029 from USD 7.2 billion in 2024 at a CAGR of 14.5%. ...... Read More |
September 2, 2024 |
Construction Additives Market worth $49.5 billion by 2029The report "Construction Additives Market by Type (Chemical (Plasticizers, Air-entraining, Waterproofing, Retarding agent), Mineral, Fiber), End-Use Sector (Residential, Commercial, Infrastructure), and Region- Global Forecast to 2029", The global construction additives market size is projected to grow from USD 35.3 billion in 2024 to USD 49.5 billion by 2029, at a CAGR of 7.0% during the forecast period. The Construction additives market is driven by the rising population and mordanization compeled with increasing focus on infrastructure development. However, the market faces restraints from high initial investment. Opportunities lie in the expanding use of ready-mix concrete (RMC) in developing countries. The challenges include established infrastructure in developed countries. ...... Read More |
August 30, 2024 |
Aquafeed Market worth $84.2 billion by 2029According to a research report "Aquafeed Market by Ingredient (Soybean, Corn, Fishmeal, Fish Oil, Additives), Species (Fish, Crustaceans, Mollusks), Function (Nutrition, Growth Promoters, Immunity, Texture & Palatability), Lifecycle, Form and Region - Global Forecast to 2029" published by MarketsandMarkets, the global aquafeed market, estimated to be USD 59.0 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 84.2 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 7.4% during the forecast period. ...... Read More |
August 30, 2024 |
Real-time Location Systems Industry worth $15.79 billion by 2029The report "Real-time Location Systems Market by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee, RuBee), Application (Inventory/Asset Tracking, Personnel Monitoring), Region - Global Forecast to 2029" The global real-time location system market size is estimated to be USD 6.03 billion in 2024 and is projected to reach USD 15.79 billion by 2029, at a CAGR of 21.2% during the forecast period. The demand for real-time tracking and visibility of assets and people across various industries has led to significant growth in the real-time location system market. The increasing need for safety and security in healthcare, education, oil & gas, and manufacturing industries also contributes to this growth. While real-time location system (RTLS) solutions may be more expensive than traditional tracking technologies, the emergence of innovative startups and customized solutions has increased market competitiveness. ...... Read More |
August 30, 2024 |
Digital Transformation Market worth $3,289.4 billion by 2030According to a research report "Digital Transformation Market by Business Transformation (Process, Model, Domain), Technology (Cloud Computing, AI, Big Data Analytics (Predictive, Prescriptive), Blockchain, Cybersecurity (Network, Cloud Security), IoT, RPA) - Global Forecast to 2030" published by MarketsandMarkets, the market for digital transformation is projected to grow significantly rising from USD 911.2 billion in 2024 to a significant USD 3,289.4 billion by 2030. A strong compound annual growth rate (CAGR) of 23.9% is witnessed during the forecast period. A number of significant factors within the business environment are expected to propel the growth of the digital transformation market. increasing demand for automation, adoption of AI and cloud technologies, enhanced customer experience, and the need for operational efficiency across industries. Government initiatives and digital-first strategies further accelerate this market expansion. ...... Read More |
August 30, 2024 |
Bioactive Dressings Market worth $5.8 billion by 2029The report "Bioactive Dressings Market by Product (Collagen, Alginate, Chitosan, Skin Substitute), Property (Antimicrobial, Non-antimicrobial), Application (Chronic Wounds (Diabetic Foot, Pressure Ulcers), Acute Wounds (Surgical, Burns))- Global Forecast to 2029", is projected to reach USD 5.8 billion by 2029 from USD 3.5 billion in 2024, at a CAGR of 10.5% during the forecast period. The market for bioactive dressings is driven by the increasing aging population, advancements in technology and wound management, and limitations in conventional wound healing techniques. Revenue growth is also anticipated to be driven by government initiatives and the need for quick, safe treatment of chronic wounds like pressure ulcers, diabetic foot ulcers, and venous leg ulcers. Yet, the market is constrained by expensive treatment costs and unfavorable reimbursement guidelines and also lack of awareness and training programs among healthcare professionals. ...... Read More |
August 30, 2024 |
Wire & Cable Market worth $266.2 billion by 2029The report "Wire & Cable Market by Product Type (Electronic Wire, Power Cable, Control & Instrumentation Cable, Communication Cable, Flexible & Specialty Cable), Material Type, Voltage, Installation, End-Use Industry, and Region - Global Forecast to 2029" wire & cable market is estimated at USD 201.0 billion in 2024 and is projected to reach USD 266.2 billion by 2029, at a CAGR of 5.8% from 2024 to 2029. ...... Read More |
August 29, 2024 |
Future of Space Industry worth $6.1 Trillion by 2064The report "Future of Space: Emerging Technologies, Evolving Disruptions, Future Outlook and Growth Opportunities to 2064" The total space economy is forecasted to grow to USD 1.7 Trillion by 2034 & anticipated to grow to USD 6.1 Trillion by 2064. ...... Read More |
August 29, 2024 |
Gastrointestinal Products Market worth $19.7 billion in 2029The report "Gastrointestinal Products Market by Devices (Endoscopy, Ablation system, Motility testing, Biopsy devices, Stenting devices, pH monitoring), Diseases (GERD), (IBD), Gastrointestinal cancer), End-User (Hospitals, ASC) - Forecast to 2029", is valued at an estimated 14.7 billion in 2024 and is projected to reach USD 19.7 billion by 2029, at a CAGR of 6.1% during the forecast period. ...... Read More |
August 29, 2024 |
Desiccant Dehumidifier Industry worth $811.0 million by 2029The report "Desiccant Dehumidifier Market by Method (Rotary, Solid Bed, Hybrid, Compact and Liquid), Product (Fixed/Mounted, Portable), Use Case (Corrosion Prevention, Condensation Prevention, Mold/Fungus Prevention, Dry Cooling) - Global Forecast to 2029" The desiccant dehumidifier market is projected to grow from USD 605.5 million in 2024 and is expected to reach USD 811.0 million by 2029, growing at a CAGR of 6.0% from 2024 to 2029. Growing construction activities is one of the significant driver of the desiccant dehumidifier market , especially in residential and commercial sectors, due to greater requirements for maintaining ideal indoor air quality and comfort. Most of the modern-day buildings are designed energy-efficient and hence airtight to avoid heat loss. However, this also means that moisture levels can quickly become problematic, which can lead to a few issues like mold growth, condensation, and poor air quality, desiccant dehumidifiers can ensure a healthy indoor environment by effectively controlling the level of humidity within such spaces. ...... Read More |
August 29, 2024 |
Virtual Data Room Market worth $5.6 billion by 2029According to a research report "Virtual Data Room Market by Data Storage & Management (Database, Content), Security (Encryption, DRM, DLP), Document Type (Contracts & Agreements, IP), Application (M&A Due Diligence, Document Management, Audit, Compliance) - Global Forecast to 2029" published by MarketsandMarkets, the virtual data room Market is projected to grow from USD 2.5 billion in 2024 to USD 5.6 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% during the forecast period. The virtual data room market is expected to grow significantly during the forecast period, by the increasing demand for hierarchical document organization for ease of navigation, the capability to offer unified and centralized access points to assess and efficiently share digital documents and need to streamline the due diligence process and improve collaboration among stakeholders. ...... Read More |
August 29, 2024 |
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