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Top Companies in Edge AI Software Industry - Nutanix (US) and VEEA (US)

The worldwide Edge AI software market is expected to grow at a compound annual growth rate of 24.7% until 2030, reaching USD 7.19 billion, up from an estimated USD 1.92 billion in 2024. Key factors driving market growth are edge AI is critical for the functionality of autonomous vehicles & drones, Edge AI applications support real-time energy management & optimization, and Edge AI can be integrated into current IT infrastructures with minimal disruption, making it an appealing option for organizations seeking enhancements without extensive overhauls.

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December 9, 2024

Abbvie Inc (US) and Galderma (Switzerland) are Leading Players in the Medical Aesthetics Market

The global medical aesthetics market is estimated to reach USD 35.32 billion by 2030 from USD 17.16 billion in 2024, at a CAGR of 12.8% during the forecast period.

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December 9, 2024

Merck & Co., Inc. (US) and GSK plc (UK) are Leadig Players in the Cancer Vaccines Market

The global cancer vaccines market is anticipated to reach USD 20.47 billion by 2032 from USD 10.61 billion in 2024, with a significant CAGR of 8.6%. Increased investments in research and development of neoantigen cancer vaccines and technological advancements are some of the factors driving the market's growth. Furthermore, the shift towards preventive healthcare and the rising incidence of cancer are increasing demand for cancer vaccines, further boosting the market's growth in coming years.

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December 9, 2024

Market Leadership - AI in Oncology Market

The AI in oncology market is projected to reach USD 11.52 billion by 2030 from USD 2.45 billion in 2024, at a CAGR of 29.4% from 2024 to 2030. The major factors driving the growth of market include high prevalence of cancer, early cancer diagnosis, precison oncology, and support in drug discovery process. In case of precision oncology, AI helps to analyze genetic, clinical, and lifestyle information efficiently and then develop tailored treatment strategies for individual patients. Further, AI plays a giant role to support drug discovery process by indentifying the potential candidates for trials and by analyzing their efficacy. AI also helps in early cancer diagnostics by integrating with imaging tools such as MRI, and CT scans, among others and identifying accurate cancer interpretation.

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December 9, 2024

NanoXplore Inc (Canada) and First Graphene (Australia) are Leading Players in the Graphene Market

The Graphene market is projected to grow from USD 1.00 billion in 2024 to USD 2.94 billion by 2029, at a CAGR of 24.0% during the forecast period.

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December 9, 2024

Extended Reality Companies - Meta Platforms Inc. (US) and Sony Group Corp. (Japan) are the Key Players

The extended reality market is projected to reach USD 84.86 billion by 2029 from USD 24.42 billion in 2024 at a CAGR of 28.3% during the forecast period.

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December 9, 2024

Top Companies in Edible Oils Industry - ADM (US), Bunge (US) and United Plantations Berhad (Malaysia)

The edible oils market is estimated at USD 250.78 billion in 2024 and is projected to reach USD 306.92 billion by 2029, at a CAGR of 4.1% from 2024 to 2029. The edible oil market is expected to grow steadily mainly due to an increasing demand from the growing population and also from the food processing industry. The demand for healthy edible oils is expected to drive the overall edible oils market. Since most people look for healthier fats in their diet, this would strengthen the demand for oils rich in unsaturated fats, including olive oil, sunflower oil, and canola oil. With the increased awareness of disorders related to trans fats, such as cholesterol buildup and cardiovascular diseases, consumers are avoiding the traditional oils high in saturated fats. Demand for plant-based and non-GMO oils is also growing, the result of a trend that continues to witness demand for products representing personal ethics and dietary habits. In this respect, manufacturers' innovations have been encouraged to forge new product formulations in line with the diverse needs of different demographics of consumers. The trend is expected to grow strength and, thus will pick up traction across geographies since health-conscious diets are on an upward trend in the respective marketplaces.

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December 9, 2024

Ashland (US) and LG Chem (South Korea) are Leading Players in the Lithium-ion Battery Dispersant Market

The global lithium-ion battery dispersant market is projected to grow from USD 0.91 billion in 2024 to USD 1.70 billion by 2029, at a CAGR of 13.2% from 2024 to 2029. The market's growth is driven by the increasing demand for lithium-ion battery in automotive, growth in renewable energy storage, and expansion of portable electronics.

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December 6, 2024

Marine Battery Companies - Siemens Energy (Germany) and Leclanché SA (Switzerland) are the Key Players

The marine battery market is projected to grow from USD 882.3 million in 2024 to USD  1,506.0 million by 2030, at a CAGR of 9.3% during the forecast period. The marine sector is experiencing significant growth due to advancements in renewable energy, aquaculture, and maritime technologies, driven by global demand for sustainable ocean resources.

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December 6, 2024

Top Companies in Artificial Intelligence in Tourism Industry - Snowflake (US), AWS (US) and Salesforce (US)

The global AI in tourism market size is projected to grow from USD 2.95 billion in 2024 to USD 13.38 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 28.7% during the forecast period. AI plays a massive role in understanding and catering to cultural preferences and trends in the travel and hospitality industry. Vast amounts of social media data, customer reviews, and consumption patterns provide ample grounds for companies to adjust their products ranging from accommodation and culinary experience to marketing local traditions and flavor appreciation. For instance, AI will bring attention to the amenities or services in high demand by special markets such as family packages in destinations where most tourists are families, or health and wellness-oriented packages in destinations where the tourists would want to focus on health and relaxation. Feedback and trends induced by AI-driven sentiment analysis allow companies to quickly respond to any shifts in cultural dynamics and newly emerging consumer interests. Such information arms companies with all necessary adjustments toward customer satisfaction and loyalty and eventually results in improved positioning in various markets, pushing further growth and prosperity within this new world of global travel.

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December 6, 2024

Smart Agriculture Companies - Deere & Company (US) and Trimble Inc. (US) are the Key Players

The smart agriculture market is expected to grow from USD 14.40 billion in 2024 to reach USD 23.38 billion by 2029, growing at a CAGR of 10.2% from 2024 to 2029. Burgeoning demand for sustainable practices, growing integration of robotic systems and drones, increasing pressure on the food supply chain, and rising investments and initiatives towards smart agriculture are some of the major drivers influencing the market growth.

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December 6, 2024

Thermo Fisher Scientific (US) and Tecan Group (Switzerland) are Leading Players in the Lab Automation Market

The lab automation market is expected to reach USD 7.71 billion by 2029 from USD 5.85 billion in 2024, growing at a CAGR of 6.9 % during the forecast period. The major driving forces of the lab automation market comprise rising needs for high-throughput screening and a lack of proficient laboratory personnel. Automation can help laboratories increase efficacy as it provides accurate results with lower cost control in operations. This major development in automation involves AI, robotics, and machine learning. Other factors affecting this market include increasing cases of chronic diseases and a rise in the demand for personalized medicine. The adoption of automation increases the handling of large samples of clinical patients, thus helping in faster and more precise diagnosis.

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December 6, 2024

Top Companies in Incident and Emergency Management Industry - Lockheed Martin (US) and Johnson Controls (Ireland)

The global Incident and Emergency Management market size is projected to grow from USD 137.45 billion in 2024 to USD 196.20 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. Due to the adoption of stricter public laws and government initiatives, the incident and emergency market is growing significantly. Governments of countries such as US, India and Kenya have adopted incident and emergency management systems as a result of an increase in natural disasters and man-made catastrophes such as terrorist attacks. In addition to this, the modernization of disaster management infrastructure in developed countries, and increasing demand in developing countries to update existing outdated infrastructure with advanced solutions, is driving the growth of the incident and emergency management market.

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December 6, 2024

Market Leadership - Artificial Intelligence (AI) in Healthcare Market

The global Artificial Intelligence (AI) in healthcare market is forecasted to reach USD 164.16 billion by 2030 from USD 14.92 billion in 2024, at a CAGR of 49.1% during the forecast period. The market growth is primarily driven by the increase in the chronic diseases such as heart disease, stroke, diabetes, and cancer subsequently putting significant pressure on healthcare service providers to optimize their operations. Moreover, technological advancements in machine learning algorithms, cloud computing, data analytics, and other sophisticated technologies is driving the market growth to a large extent. Companies are updating their product portfolio to incorporate artificial intelligence into their offerings. For instance, GE Healthcare, Cognizant, and many more have upgraded their Artificial Intelligence (AI) in healthcare capabilities to enhance overall healthcare experience. However, the resistance among medical practitioners to adopt AI-based solutions, and high implementation costs are expected to restrain the market growth to a certain extent.

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December 6, 2024

Top Companies in DERMS Industry - Siemens (Germany), Schneider Electric (France) and ABB (Switzerland)

The Distributed energy resource management systems (DERMS) market is expected to grow from an estimated in USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. The growth of the DERMS market is further fueled by growing integration of DERs, comprising solar, wind, and energy storage systems. DERMS platforms are allowing for efficient management and optimization of these DERs and thus enhancing grid reliability and resilience.

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December 6, 2024

Boston Scientific Corporation (US) and Medtronic (US) are Leading Players in the Interventional Cardiology Devices Market

The global interventional cardiology devices market is projected to reach USD 27.80 billion in 2024 and is projected to reach USD 37.27 billion by 2029, at a CAGR of 6.0% during the forecast period.

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December 6, 2024

Market Leaders - Zero Liquid Discharge Systems Market

The zero liquid discharge systems market size is projected to grow from USD 7.80 billion in 2024 to USD 11.48 billion by 2029, registering a CAGR of 8.0% during the forecast period. The global demand for zero liquid discharge systems is on the rise due to expanding applications in end use industries, particularly in emerging economies. Moreover, the escalating use of zero liquid discharge systems in end use industries like energy & power, food & beverages, chemicals & petrochemicals, pharmaceuticals, textiles, semiconductors & electronics, and others increases the need for zero liquid discharge systems.

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December 5, 2024

Top Companies in Self-driving Cars Industry - Toyota Motor Corporation (Japan), Tesla (US), BYD Co., Ltd. (China), Volkswagen Group (Germany) and Ford Motor Company (US)

The self-driving cars market is predicted to reach from 37,090 thousand units in 2024 to 76,217 thousand units in 2035 at a CAGR of 6.8%. The self-driving car market is growing due to advancements in AI, increasing demand for safer transportation, and supportive regulations promoting autonomous technology. Rising investments by automakers and tech firms and the growing adoption of shared mobility solutions like robotaxis further accelerate this growth.

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December 5, 2024

F. Hoffmann-La Roche Ltd. (Switzerland) and Abbott (US) are Leading Players in the Therapeutic Drug Monitoring Market

At a compound annual growth rate (CAGR) of 8.4% from 2024 to 2029, the therapeutic drug monitoring market is projected to grow from USD  2.30 billion in 2024 to USD 3.44 billion by 2029. Some of the main factors boosting the TDM market include the rise in infectious and chronic illnesses, the need for personalized medication, and the use of modern diagnostic technologies such chromatography MS and immunoassays. With the growing incidence of organ transplantation and cases of cancer, the requirement for appropriate drug dosing to achieve better therapeutic outcomes further enhanced demand.

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December 5, 2024

Merck KGaA (Germany) and Danaher Corporation (US) are Leading Players in the Pharmaceutical Filtration Market

The global pharmaceutical filtration market is projected to reach USD 13.31 billion in 2024 will increase to USD 20.97 billion by 2029, with a compound annual growth rate (CAGR) of 9.5% from 2024 to 2029. The growth of pharmaceutical filtration market ascribed to major factors such as  growing R&D spendings in biopharmaceutical industries, increasing  adoption of continuous manufacturing process, and rising need of purity requirements in pharmaceutical & biotechnology manufacturing. On the other hand, membrane fouling and breakage issues and technical limitations are projected to impede market growth.

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December 5, 2024

GSK Plc (UK) and SEPPIC (France) are Leading Players in the Vaccine Adjuvants Market

The global vaccine adjuvants market is anticipated to reach USD 0.96 billion by 2029 from USD 0.70 billion in 2024, with a significant CAGR of 6.5%. The growing demand for the increasing prevalence of infectious diseases and the development of next-generation adjuvants, such as saponin-based adjuvants and TLR agonists, are some of the factors projecting market growth. Furthermore, rise in demand for personalized and combination vaccines, increasing awareness about zoonotic diseases and demand for vaccines is futher rising demand for vaccine adjuvants subsequently propelling the market growth.

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December 5, 2024

Top Companies in Data protection as a Service Industry - AWS(US) and Microsoft (US)

The data protection as a service market is estimated to be worth USD 26.04 billion in 2024 and is projected to reach USD 74.91 billion by 2030, at a CAGR of 19.2% during the forecast period.

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December 5, 2024

AI Server Companies - Dell Inc. (US) and Hewlett Packard Enterprise Development LP (US) are the Key Players

The global AI server market is expected to be valued at USD 142.88 billion in 2024 and is projected to reach USD 837.83 million by 2030 and grow at a CAGR of 34.3% from 2024 to 2030.  Dell Inc. (US), Hewlett Packard Enterprise Development LP (US), Lenovo (Hong Kong), Huawei Technologies Co., Ltd. (China), and IBM (US) are the major players in the AI server market. Market participants have become more varied with their offerings, expanding their global reach through strategic growth approaches like launching new products, collaborations, establishing alliances, and forging partnerships.

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December 5, 2024

Market Leaderships - AI in Clinical Trials Market

The AI in clinical trials market is projected to reach USD 2.74 billion by 2030 from USD 1.35 billion in 2024, at a CAGR of 12.4 % from 2024 to 2030. Some of the key elements fueling the expansion of the AI in clinical trials market, are the high rate of clinical trial failures, the increasing need of anticipating drug pharmacokinetics, pharmacodynamics, and management of toxicity. According to a research article published by the National Library of Medicine in February 2022, the drug discovery and development process takes about 10-15 years for a new drug to be approved for clinical use. And 90% of the drug candidates fail during the phases I, II, and III of clinical trials and drug approvals. The reasons that may result in failure include but not limited to effectiveness in a clinical setting, high levels of toxicity that cannot be managed, suboptimal drug-like characteristics, a lack of real commercial drivers, and poor strategic design. AI in clinical trials seeks to help resolve these issues to enhance drug approval prospects and ease the pace of drug trials.

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December 5, 2024

C5ISR Companies - General Dynamics Corporation (US) and Leidos (US) are the Key Players

The C5ISR market is projected to reach USD  19,280.8  million by 2029, from USD 10,720.1 million in 2024, at a CAGR of 12.5%. The C5ISR market has significant growth potential in the coming years, driven by the need for enhanced situational awareness to support decision-making in emergency response. However, the costs related to developing and sustaining these solutions are high. Various opportunities in the market include technological advancements and an increasing need for interoperability between military devices/technologies. As the growth trend continues to evolve, the C5ISR market is set to play a pivotal role in the future of defense operations.

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December 5, 2024

Koninklijke Philips N.V. (Netherlands) and GE HealthCare (US) are Leading Players in the Fusion Biopsy Market

At a compound annual growth rate (CAGR) of 7.1%, the fusion biopsy market is projected to grow from its estimated USD 0.65 billion in 2024 to USD 0.91 billion by 2029. The market for fusion biopsy is growing rapidly due to the rising incidence of prostate cancer and the rapid aging of the global population. Growing awareness of early cancer diagnosis and advancements in imaging and diagnostic technologies have led to an increase in the usage of fusion biopsy techniques. Supporting factors like improved healthcare infrastructure, easier access to reimbursement policies, and governmental and private sector expenditures are driving the market's growth.

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December 4, 2024

Top Companies in Content Detection Industry - Microsoft (US) and Google (US)

The global Content detection market size is projected to grow from USD 16.48 billion in 2024 to USD 31.42 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The factors contributing to the growth of the content detection market include the increasing volumes of online content, which needs to be effectively managed in any day and age. With the emergence of social media and streaming services along with other content-intense environments, there is always the challenge of combating the increasing prevalence of disinformation, harmful content, and copyright-infringing behavior. In response to the challenge of inappropriate, illegal or deceptive content, posts or images, tools have become more sophisticated owing to the rise of AI and ML capabilities, and the well coming of legal requirements.

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December 4, 2024

Industrial Agitators Companies - SPX Flow, Inc. (US) and Xylem Inc. (US) are the Key Players

The Industrial agitators market is estimated to be worth USD 2.6 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 4.0% during the forecast period. The constantly growing chemical, pharmaceutical and food & beverage demand and production is a major factor driving the growth of industrial agitators market globally. Moreover, need for customized agitators for several applications is also key factor contributing to the market growth.

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December 4, 2024

F. Hoffmann-La Roche Ltd. (Switzerland) and Labcorp Inc. (US) are Leading Players in the Minimal Residual Disease Market

Global Minimal Residual Disease Testing Market Size is estimated to be about USD 1.43 Billion in 2024 and estimated to reach about USD 2.55 Billion by the year 2029, at a growth rate of CAGR of 12.2% during the forecasted period. Rising cases of cancer and hematological malignancies, increased efforts by government bodies toward increasing levels of cancer awareness, and rising collaborations are likely to propel the market for minimal residual disease testing over the next several years. The growth prospects for market players in emerging countries are expected to be substantial over the next few years.

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December 4, 2024

Pharmaceutical Manufacturing Equipment Companies - GEA Group Aktiengesellschaft (Germany) and I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A. (Italy) are the Key Players

The global pharmaceutical manufacturing equipment market size is projected to grow from USD 19.41 billion in 2024 to USD 26.94 billion in 2029, recording a CAGR of 6.8% during the forecast period. The rising demand for pharmaceuticals, coupled with the technological advancements in equipment are attributed to the ever-increasing demand for pharmaceutical manufacturing equipment. 

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December 4, 2024

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