Defense Cybersecurity Industry worth $49.4 billion by 2028

The report "Defense Cybersecurity Industry by Offering (Hardware, Software, and Services), Security (Network Security, Endpoint Security, Application Security, Cloud Security), End User (Army, Navy, Air Force), Application and Region - Global Forecast to 2028" The Defense Cybersecurity Industry is estimated to be USD 36.9 billion in 2023 and is projected to reach USD 49.4 billion by 2028, at a CAGR of 6.0% from 2023 to 2028. Defense cybersecurity refers to the comprehensive set of practices, technologies, and strategies implemented to protect military networks, systems, and sensitive information from cyber threats.In the realm of national security, where warfare has extended into the digital domain, defense cybersecurity plays a pivotal role in safeguarding critical infrastructure, military operations, and classified data. The advantages of a robust defense cybersecurity framework are manifold.

Cable Blowing Equipment Industry worth $136 million by 2028

The report "Cable Blowing Equipment Market by Power Type (Hydraulically Powered, Pneumatically Powered, Electric, Drill-driven), Cable Type (Microduct, Normal Cable) and Region (North America, Europe, Asia Pacific & RoW) - Global Forecast to 2028" The cable blowing equipment industry size is projected to grow from USD  108 million in 2023 and is estimated to reach USD 136 million by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2028.

The growth of the cable blowing equipment industry is driven by expansion of fiber optic networks to connect data centers, upgrading aging cable networks with fiber optics networks, increasing penetration of FTTH/FTTB networks, emergence and rapid adoption of 5G technology, and expansion of telecommunications infrastructure in emerging economies.

Clinical Alarm Management Market worth $5.4 billion by 2028

The report "Clinical Alarm Management Market by Product (Nurse Call Systems; Connectivity/Integration Software - EMR, Central Hubs, Notification/Alert; Ventilators, Patient Monitors, Capnography, Oximeter), Type (Centralized), End User - Global Forecast to 2028", is projected to reach USD 5.4 billion by 2028 from USD 2.7 billion in 2023, at a CAGR of 14.5% during the forecast period.

Tissue Engineering Market worth $8.9 billion by 2028

The report "Tissue Engineering Market by Product (Scaffolds (Collagen, Stem Cell), Tissue Grafts (Allograft, Autograft, Xenograft)), Material (Biological, Synthetic), Application (Orthopedics, Dermatology, Wound Care, Cardiovascular) - Global Forecast to 2028", is projected to reach USD 8.9 billion by 2028 from an estimated USD 4.4 billion in 2023, at a CAGR of 15.3%  during the forecast period. The growing demand for innovative tissue engineering solutions for the treatment of chronic diseases and for repair and regeneration of tissues and technological developments such as 3D bioprinting is promoting the growth of the tissue engineering market.

The Global MedTech Industry Outlook 2024

The Report "The Global MedTech Industry Outlook 2024", despite the economic uncertainties and post-COVID slump in recent times, MedTech companies have demonstrated strong resilience throughout 2023. The global MedTech industry market size is estimated to grow from USD 642.5 billion in 2023 to USD 668.2 billion by 2024, at a Y-o-Y increase of ~4%. Continued tech innovation, mergers, and acquisitions (M&A), commercialization of new product lines, and emergence of new business models are contributing to the sustained growth of the market.

Hosted PBX Industry worth $24.9 billion by 2028

According to a research report "Hosted PBX Market by Offering (Solution and Services), Application (Unified Communication & Collaboration, Mobility, Contact Center), Vertical (BFSI, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences) and Region - Global forecast to 2028" published by MarketsandMarkets, the hosted PBX market is estimated at USD 11.5 billion in 2023 to USD 24.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 16.8%. The integration of artificial intelligence (AI) features within hosted PBX systems has emerged as a pivotal driver fueling the growth of the market. hosted PBX providers have strategically incorporated AI functionalities, including virtual assistants, chatbots, and predictive analytics, to revolutionize communication efficiency and enhance the overall user experience. These AI-driven capabilities contribute significantly to the automation of routine tasks, streamlining communication processes and boosting operational efficiency for businesses. Virtual assistants and chatbots facilitate seamless interactions, enabling users to access information and perform tasks with greater ease. Predictive analytics, on the other hand, empowers businesses with data-driven insights into communication patterns, allowing for proactive decision-making. As organizations increasingly prioritize intelligent, automated solutions, the incorporation of AI within hosted PBX systems not only elevates the quality of communication services but also positions these solutions at the forefront of technological innovation, thereby driving the sustained expansion of the hosted PBX market.

Drone Logistics and Transportation Industry worth $16.1 billion by 2030

The report "Drone Logistics and Transportation Market by Platform (Freight, Passenger, Ambulance Drones), Application (Logistics, Transportation), Solution (Hardware, Software, Infrastructure), User, Range, and Region - Global Forecast to 2030" The Drone Logistics And Transportation market is valued at USD 0.9 billion in 2023 and is projected to reach USD 16.1 billion by 2030, at a CAGR of 50.1% from 2023 to 2030. The drone logistics market is experiencing explosive growth, fueled by technological advancements, increasing demand for faster and more efficient delivery solutions, and a growing awareness of the potential benefits of drone technology. Drones are becoming more capable and reliable, with longer flight times, higher payload capacities, and improved autonomy. Drones emit significantly fewer greenhouse gases than traditional transportation vehicles, making them a more environmentally friendly option. With continued technological advancements, growing investments, and supportive regulatory frameworks, drone-based solutions are expected to become increasingly mainstream and transformative across various industries.

Ball Valves Industry worth $17.0 billion by 2028

The report "Ball Valves Market by Material (Cast Iron, Stainless Steel, Alloy-based, Brass, Bronze & Plastic), Type(Trunnion-mounted, Floating, Rising Stem), Size (<1”, 1”-5”, 6”-24”, 25”-50” & >50”), Industry (Oil & Gas, Chemicals) & Region - Global Forecast to 2028" The global Ball valves industry size is expected to grow from USD 13.6 billion in 2023 to USD 17.0 billion by 2028, registering a CAGR of 4.6%. The ball valves market has witnessed significant growth attributed to increased industrialization, amplified demands from the oil & gas sector, water treatment, and expanding global infrastructure projects. Technological advancements and a focus on efficient fluid control systems have propelled this expansion.

Global Biotechnology Industry Outlook - 2024 | Unveiling Tomorrow's Cures: Navigating the Global Biotech Landscape with Insight and Innovation

The report "The Global Biotechnology Industry Outlook 2024", despite the economic uncertainties and post-COVID slump in recent times, biotech companies have demonstrated adaptability throughout 2023. Overall, the market within the biotech sector expanded by 10-15% during this period. Ongoing innovation, mergers, and acquisitions (M&A), approval, and marketing of new products and medications contribute to the sustained growth of the market.

Hydrogen Pipeline Market worth $25.7 billion by 2030

The report "Hydrogen Pipeline Market by Type (Mobile, Fixed), Hydrogen Form (Gas, Liquid), Pipeline Structure (Metal, Plastics & Composites), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2030", is projected to grow from USD 9.1 billion in 2023 to USD 25.7 billion by 2030, at a CAGR of 16.0% from 2023 to 2030. The hydrogen pipeline sector is rapidly evolving due to the growing usage of hydrogen in various industries, such as energy, transportation, and manufacturing, which is driving the demand for extensive pipeline networks. Hydrogen's versatility as a clean energy carrier contributes to the surge in infrastructure development.

Mobile Application Security Testing Industry worth $3.2 billion by 2028

According to a research report "Mobile Application Security Testing Market by Offering, Operating System (iOS, Android), Deployment Mode (On-premises, Cloud), Organization Size, Vertical (BFSI, IT & Telecom, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global mobile application security testing (MAST) market is estimated to be worth USD 0.9 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 28.3% during the forecast period. The rapid pace of technological advancements and frequent software updates drive the MAST market. Mobile platforms, operating systems, and development frameworks undergo continuous changes and improvements. These updates may introduce new features, APIs, or security protocols, but they can also inadvertently introduce vulnerabilities or compatibility issues with existing applications. To maintain the security posture of mobile apps, organizations need to conduct regular security assessments to identify and address potential risks associated with the evolving technology landscape. This driver underscores the importance of adapting security testing strategies to keep pace with the latest developments, ensuring that mobile applications remain resilient and secure in the face of emerging technologies and software updates.

Global Defense Industry Outlook – Development & trends in 2023/2024

According to a research report "Global Defense Industry Outlook" The global military expenditure is estimated to be USD 2,012.1 billion in 2023 and is expected to reach USD 2,132.0 billion in 2024, growing at an annual rate of  2.7% from 2023 to 2024. Various regions around the world confront distinctive security challenges, including but not limited to territorial disputes, regional rivalries, and cross-border conflicts. In response to these concerns and to maintain regional stability, countries commit substantial portions of their financial resources to defense. For instance, in the Asia-Pacific region, the escalating military capabilities of China have compelled neighboring nations to fortify their defense capabilities and defense industry growth. Similarly, the Middle East contends with security threats emanating from terrorism, internal conflicts, and external aggression, prompting regional nations to allocate significant financial resources to safeguard their interests. The strategic allocation of defense budgets is also influenced by regional defense cooperation and alliances, as nations strive to bolster collective security and deter potential aggressors. These factors are anticipated to exert a considerable impact on defense industry analysis and budgeting in the forecast period.

Fuel Cell Market worth $8.7 billion by 2028

According to a research report "Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, Vehicle (FCVs)), End User (Residential, C&l, Transportation, Data Center, Military & Defense), Size, Fuel, Component and Region - Global Forecast to 2028" published by MarketsandMarkets, the fuel cell market is projected to reach USD 8.7 billion by 2028 from an estimated USD 3.3 billion in 2023, at a CAGR of 21.7% during the forecast period. Fuel cells are devices that generate electricity through electrochemical reactions, typically using hydrogen as a fuel source. They are considered a clean and efficient technology, as the only byproducts of the process are water and heat. Fuel cells boast high energy conversion efficiencies compared to traditional combustion-based power systems. The electrochemical process allows for more direct and efficient conversion of fuel into electricity, resulting in minimized energy losses. Rising growth in the demand for consumer electronics along with increasing adoption of fuel cell technology solutions are the factors expected to drive the demand for the fuel cell market.

Intraocular Lens Industry worth $6.0 billion by 2029, with a CAGR of 6.3%

The report "Intraocular Lens Market byType (Monofocal, Premium, Phakic), Material (Hydrophobic, Hydrophilic, Silicone) Application (Cataract, Presbyopia, Corneal Disorder), End User, Unmet Need, Buying Criteria, Reimbursement - Global Forecast to 2029", to reach USD 6.0 billion by 2029 from 4.2 billion in 2023, at a CAGR of 6.3% during 2023-2029

Gas Sensors Industry worth $2.3 billion by 2028

The report "Gas Sensors Market by Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Output Type (Analog, Digital), Technology, Product, Connectivity, Application & Region - Global Forecast to 2028" The gas sensor market is projected to grow from USD 1.5 billion in 2023 and is expected to reach USD 2.3 billion by 2028, growing at a CAGR of 9.7% from 2023 to 2028. The application of gas sensors in smart cities and building automation has witnessed significant growth in recent years. Rapid urbanization and industrialization, have led to a rise in air pollution levels across the world. With urbanization, there has been a rise in the number of vehicles used, an increase in industrial activities, and a rise in energy consumption leading to urban air pollution. The advent of the Internet of Things (IoT) has facilitated air quality monitoring and management in smart cities, with several players launching IoT-based gas sensors.