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Title	Date
API Management Market worth $16.93 billion by 2029 According to a research report "API Management Market by Platform (API Gateways, API Lifecycle Management, API Security, API Analytics & Monitoring, API Developer Portal), Service (Integration & Implementation, Support & Maintenance, Training & Education) - Global Forecast to 2029" published by MarketsandMarkets, the global API management market will grow from USD 7.67 billion in 2024 to USD 16.93 billion by 2029 at a compounded annual growth rate (CAGR) of 17.1% during the forecast period. API management platforms transform how businesses manage and deploy APIs, making integration more seamless and secure. By providing tools for creating, deploying, and monitoring APIs, these platforms enable organizations to handle their digital assets efficiently. API management integrates various security protocols, analytics, and traffic management technologies to ensure scalability and optimal performance. Additionally, it fosters easier collaboration between internal systems and third-party applications, enhancing agility and allowing companies to adapt smoothly to rapid changes in demand or technology shifts. ...... Read More	September 26, 2024
Cargo Drones Industry worth $8.92 billion by 2030 The report "Cargo Drones Industry by Solution (Avionics, Route Planning & Optimization, Ground Control Stations), Payload (10-49 Kg, 50-149Kg, 150-249 Kg, 250-449 Kg, 500-499 Kg, 500-999 Kg, >1,000 Kg), Industry, Range, Type, and Region - Global Forecast to 2030" The cargo drones industry is projected to reach USD 8.92 billion by 2030, from USD 1.53 billion in 2024, at a CAGR of 34.2%. The volume of cargo drones is projected to grow from 445 (in Units) in 2024 to 2,746 (in Units) by 2030. The market growth can be attributed to the rising demand for the faster and efficient shipment delivery along with the significant advancement. The market for cargo drones is expanding as companies are seeking ways to increase delivery and logistics effectiveness. Cargo drones are starting to become a practical option because of their capacity to move products fast and economically, especially in remote locations where traditional transportation is limited. Developments in technology are also important. Drones are becoming increasingly dependable and capable due to advancements in battery life, payload capacity, and navigation systems. Businesses are spending money on R&D to improve the performance and safety of drones, which is necessary to win over the public and regulatory bodies. Key players have spread their business across various countries including North America, Europe, Asia Pacific, the Middle East, Latine Amercia and Africa. ...... Read More	September 25, 2024
Digital Thread Industry worth $36.81 billion by 2030 The report "Digital Thread Market by Technology (PLM, SLM, CAD, MES, IoT, ERP, edge computing, Digital Twin, ALM, SCADA), Module (Data collection, Data management & Integration), Deployment, Application, Vertical, Region - Global Forecast to 2030" The Digital Thread Market is expected to reach USD 36.81 billion by 2030 from USD 11.42 billion in 2024, at a CAGR of 21.5% during 2024–2030. The significant growth factor associated with the digital thread market is increasing demand for IoT and connected devices, the need for enhanced product quality and efficiency, and stringent regulatory compliance requirements. Advancements in AI and machine learning, trends toward customization and personalization, the rise of Industry 4.0, and a focus on sustainability also drive adoption. These elements make digital threads essential for optimizing operations, improving decision-making, and supporting agile, efficient, and sustainable production processes across various industries. ...... Read More	September 25, 2024
Consumer Identity and Access Management (CIAM) Market worth $21.0 billion by 2030 According to a research report "Consumer Identity and Access Management (CIAM) Market Size, Share, Growth Analysis, By Offering (Solutions (Identity Administration, PII Management & Analytics, Access Management, Fraud Detection) & Services) - Global Industry Forecast to 2030" published by MarketsandMarkets, When forecasted globally, the CIAM market is projected to rise from USD 12.5 billion in 2024 to USD 21.0 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. An increasing significance of strict regulatory compliance has driven the CIAM adoption rapidly. Apart from this, a high volume of online transactions requiring secure user access management is further driving significant expansion in the CIAM market. ...... Read More	September 24, 2024
Industrial Robotics Industry worth $29.43 billion by 2029 The report "Industrial Robotics Market by Robot (Articulated, SCARA, Cartesian, Parallel, Cylindrical, Collaborative), Payload (up to 16 kg, >16 to 60 kg, >60 to 225 kg, >225 kg), Offering (End Effectors, Controllers, Drive Units, Sensors) - Global Forecast to 2029" The industrial robots market is projected to grow from USD 16.89 billion in 2024 to USD 29.43 billion by 2029; it is expected to grow at a CAGR of 11.7% during the forecast period. The increasing adoption of collaborative robots across industries and shortage of skilled workforce in manufacturing sector are driving market growth. Furthermore, the rising automation in electronics manufacturing and emergence of industry 5.0 are expected to create lucrative growth opportunities for the market during the forecast period. ...... Read More	September 24, 2024
Project Portfolio Management (PPM) Market worth $13.7 billion by 2029 According to a research report "Project Portfolio Management (PPM) Market by Application (Project Planning & Management, Strategic Portfolio Management, Budget & Financial Management, Resource & Capacity Optimization, Reporting & Analytics) - Global Forecast to 2029" published by MarketsandMarkets, the Project Portfolio Management Market is expected to grow from USD 7.8 billion in 2024 to USD 13.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period. The increasing adoption of AI and machine learning will further fuel the growth of the PPM market in the future. The heightened demand for enhanced project control, resource efficiency, and strategic alignment is forecasted to foster increased adoption of PPM solutions across IT, construction, and finance industries. Increased investments in advanced analytics and automation tools will likely further boost the market growth, thus helping make better decisions based on data across complex project portfolios. ...... Read More	September 23, 2024
Sterilization Services Market worth $5.2 billion by 2029 The report "Sterilization Services Market by Method (Electron beam, EtO, Steam, Gamma, X-Ray, Hydrogen Peroxide), Type (Contract Sterilization, Validation Services), Mode of Delivery (Off-Site, On-Site), End User, & Region - Global Forecast to 2029", is projected to reach 5.2 billion by 2029 from USD 3.6 billion in 2024, at a CAGR of 7.7% during the forecast period. The market growth is mainly due to growing prevalence of hospital-acquired infections and rising trend of outsourcing sterilization services to third party vendors. In addition, increasing expansion of pharmaceutical & medical device companies in emerging markets and potential of e-beam sterilization are expected to offer growth opportunities for players operating in the sterilization services market during the forecast period. However, the risk of sterilization of advanced medical instruments is expected to hamper the adoption of these products. ...... Read More	September 23, 2024
Cyanoacrylate Adhesives Market worth $2.56 billion by 2029 The report "Cyanoacrylate Adhesives Market by Chemistry (Ethyl cyanoacrylate, Methyl cyanoacrylate), End-use Industry (Industrial, Woodworking, Transportation (Automotive, Aerospace, Medical, Electronics, Consumer) - Global Forecast to 2029", is projected to reach a market size of USD 2.56 billion by 2029 from USD 2.22 billion in 2024, at a CAGR of 2.9%. Asia Pacific is the one of the largest markets for cyanoacrylate adhesives. The demand for cyanoacrylate adhesives is experiencing significant growth across various industries, including automotive, electronics, medical, consumer, and more. Emerging nations such as China, Japan, India, US, and Germany, are expected to play a crucial role in driving the cyanoacrylate adhesives market forward. ...... Read More	September 23, 2024
Augmented Reality Navigation Industry worth $6.33 billion by 2029 The report "Augmented Reality Navigation Market by HMD, HUD, AR Navigation Software; Real-time Location Data Management, Routing and Navigation, Asset Tracking, Reverse Geocoding; Built-in Mobile Sensors, Visual Positioning System, AR Cloud - Global Forecast to 2029" The augmented reality (AR) navigation market is expected to reach USD 6.33 billion by 2029 from USD 1.17 billion in 2024, at a CAGR of 40.3% during the 2024-2029 period. Multiple companies like Volkswagen (Germany), Mercedes-Benz Group AG and many others are investing is augmented reality (AR) navigation which is increasing the opportunity for growth in the AR navigation market. The AR navigation industry is continuously developing, with the presence of multiple players. Currently, the North America region is contributing significantly to the growth of the AR navigation industry. Similarly, Asia Pacific, Europe and RoW regions are expected to be the growing market for the forecasted period. ...... Read More	September 20, 2024
Release Liners Market worth $15.4 Billion by 2029 The report "Release Liners Market by Substrate Type (Glassine/Calendered Kraft Paper, Polyolefin Coated Paper, Clay Coated Paper), Application (Labels, Pressure-Sensitive Tapes, Hygiene), Material Type, Labeling Technology, and Region - Global Forecast to 2029", size is projected to grow from USD 12.7 billion in 2024 and is projected to reach USD 15.4 Billion by 2029, at a CAGR of 4.0%. Release liners are essential in various industries, serving as protective layers that facilitate the smooth application and performance of adhesive products. Usually, release liners are made of paper and film and their primary function is to protect adhesives from adhering to substrates until they ready to be applied. Its primary purpose is to facilitate the proper usage, storage, and distribution of adhesive products such as labels, tapes, and medical device products. The increased popularity of the e-commerce industry has created the need for packaging that requires release liners due to their role in the performance and appearance of packaging products. Also, the growth of the healthcare and medical sectors that require enhanced adhesive products for their operations also drives the market. The increased consumption in automotive and electronics industries, which are also users of adhesive solutions, is also responsible for the increase in demand. Furthermore, the growing awareness about sustainable and recyclable products is influencing the development of environmentally friendly release liners which also promotes the market prospects in line with the international environmental policies. ...... Read More	September 20, 2024
Vinyl Ester Market worth $1.29 billion by 2029 The report "Vinyl Ester Market by Product Type (Bisphenol A, Novolac, Brominated Fire Retardant, Elastomer Modified), End-Use (Pipes & Tanks, Marine, Wind Energy, FGD & Precipitators, Building & Construction, Aerospace & Defense), and Region - Global Forecast to 2029", is projected to grow from USD 1.04 billion in 2024 to USD 1.29 billion by 2029, at a CAGR of 4.4% during the forecast period. High demand from the pipes & tanks and marine industry is expected to drive the vinyl ester market. ...... Read More	September 20, 2024
Medical Radiation Detection, Monitoring & Safety Industry worth $1.89 billion by 2029, with a CAGR of 8.5% The report "Medical Radiation Detection, Monitoring & Safety Market by Product (Personal Dosimeters (Passive Dosimeters)), Safety (Full Body, Face Protection, Hand Safety), Detector (Gas-Filled, Scintillators, Solid-State), End User - Global Forecast to 2029", is expected to reach USD 1.89 billion by 2029 from an estimated value of USD 1.26 billion in 2024, growing at a CAGR of 8.5% during the forecast period. Innovation in radiation detection technologies has improved more sensitive and accurate detectors that allow for better monitoring in protection against radiation exposure, hence driving the growth of the market. Such portable devices for the detection of radiation facilitate the monitoring of the levels of radiation even outside the workplace. This includes hospitals, clinics, and other research facilities. The National Health Service in England showed that from February 2022 to January 2023, there were 48.4 million imaging tests conducted, according to the Dataset on Diagnostic Imaging. The procedures performed in January 2023 were X-rays and plain Radiography, totaling 1.65 million. Government financing and initiatives to enhance the regulatory mechanism for radiation safety and extend healthcare infrastructure provide major opportunities for the medical radiation market. Advanced medical radiation systems, including MRI machines, CT scanners, and systems for radiation therapy, demand high costs initially to set them up apart from huge recurring expenditures on their maintenance restraining the market growth. ...... Read More	September 20, 2024
Sports Medicine Industry Worth $9.45 billion by 2029, with a CAGR of 6.8% The report "Sports Medicine Market by Product [Repair (Fracture & Ligament), Reconstruction, Implant, Prosthetic, Arthroscopy , Physiotherapy , Orthobiologics, Brace), Application (Knee, Shoulder, Ankle, Hip, Spine), End-User - Global Forecast to 2029", is projected to reach USD 9.45 Billion by 2029 from USD 6.79 Billion in 2024, growing at a CAGR of 6.8% during the forecast period. The field of sports medicine is growing as a result of numerous factors. The key factor comprises cutting-edge technologies, heightened emphasis on sports related injuries management and extension of services for rehabilitation. Furthermore, innovations in products such as orthobiologics and arthroscopy are improving treatment outcomes and increasing demand. In addition, government and healthcare institutions globally are funding sports medicine awareness campaigns and infrastructures, which is further driving the market. As the need for prompt diagnosis and preventive care in the management of sports injuries becomes more widely recognized, the use of sports medicine related products and services is rising. The development of physiotherapy clinics and centers is increasing access to cutting-edge therapies, which is driving up market expansion. Prominent players like Arthrex (US), Stryker (US), Smith & Nephew (UK) and DePuy Synthes (US) are diversifying their product portfolios and participating in acquisitions and collaborations to enhance their market presence.These factors combine together increase need for sports medicine for the athleletes. ...... Read More	September 18, 2024
Public Safety and Security Market worth $878.2 billion by 2029 According to a research report "Public Safety and Security Market by Solution (Critical Communication, C4ISR, Biometric Security, Surveillance, Emergency and Disaster Management, Cybersecurity), Application (Homeland, Critical Infrastructure, Transportation) - Global Forecast to 2029" published by MarketsandMarkets, the global Public Safety and Security Market is projected to grow from USD 520.8 billion in 2024 to USD 878.2 billion by 2029 at a compound annual growth rate (CAGR) of 11.0%. Public safety and security markets are effective in protecting people, societies, and the infrastructure that is established within a country from various threats, including crime, terrorism, natural disasters, and pandemics. The market for services and technology offered includes video surveillance, emergency management, cybersecurity, and biometric security. Due to the growing accommodation with terrorism and other crimes, the government is pressed to take safety measures of an advanced level. In addition, it would be evident that to the present day, the ever-evolving technological developments, from IoT and AI to Big Data, would back up more changes in strategies related to public safety. COVID-19 redefined public safety, with a lot of investment going into health-related security measures. This would be contrasted with the increasing rate of urbanization and infrastructure development, which, in turn, increases the demand for a holistic security solution, which amounts to smart city initiatives that enhance the quality of urban services and life. ...... Read More	September 18, 2024
Serverless Computing Market worth $44.7 billion by 2029 According to a research report "Serverless Computing Market by Service Model (Function as a Service, Backend as a Service), Compute (Functions, Containers), Database (Relational, Non-relational), Storage, Application Integration, Monitoring & Security - Global Forecast to 2029" published by MarketsandMarkets, the Serverless Computing Market is expected to grow from USD 21.9 billion in 2024 to USD 44.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast period. The expected growth in the global serverless computing market is driven by the increasing adoption of AI and machine learning technologies. The worldwide expansion of serverless computing is largely attributed to the widespread acceptance of these advanced technologies. The demand for serverless (FaaS/BaaS) solutions is expected to increase in verticals like IT, finance and healthcare that are looking at better scalability, operational efficiency and reduced costs through application development. Increased investment in an expanded analytics market along with automation technologies is expected to boost the forecasted revenues, thereby augmenting better management of applications and real-time data processing. These advances will support decision-making capabilities, additional resource alignment and enable innovative tools to work across teams. This means that serverless computing will be expanded in the future, mainly due to this service orchestration solution provided by functions becoming more and moreso outside traditional business systems. ...... Read More	September 18, 2024
Window Lift Motors Market worth $3.8 billion by 2030 According to a research report "Window Lift Motors Market by Type (12 V, 24 V), Vehicle Type (PC, LCV, HCV), Vehicle Class, Window Position, Regulator Type, Aftermarket by End Use, Aftermarket by Sales Channel, Aftermarket by Vehicle Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global window lift motors market size is projected to grow from USD 3.5. Billion in 2024 to USD 3.8 Billion by 2030, at a CAGR of 1.6%. The window lift motors market is expanding rapidly, driven by the growing consumer preference for comfort and convenience features like power windows, which are becoming standard in modern vehicles. 48 V window lift motors are expected to have a significant impact in the market going forward. Additionally, developments in motor technologies, such as smart motors are expected to reshape the window lift motors market. ...... Read More	September 18, 2024
Thermo Compression Forming Market worth $13.37 billion by 2029 The report "Thermo Compression Forming Market by Foam Type (Thermoplastic Foam, Needle-Punch Nonwovens, Light Weight Glass Mat Thermoplastic), End-use Industry (Automotive, Aerospace, Construction, Medical, Electrical & Electronics) - Global Forecast to 2029", is projected to reach a market size of USD 13.37 billion by 2029 from USD 11.00 billion in 2024, at a CAGR of 4.0%. North America is the one of the largest markets for compression molded components. The demand for foams used in thermo compression forming is experiencing significant growth across various industries, including automotive, construction, medical, aerospace, electronic & electronics, and more. Emerging nations such as US, Canada, Germany, UK, China and Mexico are expected to play a crucial role in driving the global thermo compression forming market forward. ...... Read More	September 18, 2024
Polymethyl Methacrylate (PMMA) Market worth $6.1 billion by 2029 The report "Polymethyl Methacrylate (PMMA) Market by Grade (General Purpose, Optical), Form (Extruded Sheet, Cast Acrylic Sheet, Pellets, Beads), End-Use Industry (Signs & Displays, Construction, Automotive, Lighting Fixtures, Electronics) - Global Forecast to 2029", size is projected to grow from USD 5.1 billion in 2024 to USD 6.1 billion by 2029, at a CAGR of 3.4% during the forecast period. The Polymethyl Methacrylate (PMMA) market is driven by the increasing construction, automotive and electronics industries. However, the market faces restraints from competition from substitute materials. Opportunities lie in the growing demand for bio-based and innovative types of PMMA. The challenges include raw material shortages and a negative impact of the plastic on the overall environment. ...... Read More	September 17, 2024
Pharmaceutical Drug Delivery Market worth $2,546.0 billion by 2029 The report "Pharmaceutical Drug Delivery Market by Route of Administration [Oral, Injectors (Pen, Auto Injectors) Implantable, Syrups, Gels, Pulmonary, Tablets, Syringes], Application (Cancer, Diabetes), Facility of Use (Hospital, Home Care) -Global Forecast to 2029", is projected to reach USD 2,546.0 billion by 2029 from USD 1,949.4 billion in 2024 at a CAGR of 5.5% during the forecast period. ...... Read More	September 17, 2024
Human Microbiome Market worth $4,206.0 million in 2030 The report "Human Microbiome Market by Product (Drugs, Probiotics, Prebiotics, Synbiotics), Diseases (Infectious, Gastrointestinal, Endocrine & Metabolic), Type (BCT/FMT, Live Biotherapeutics), End User (Hospitals, Clinics, Long-term Care) - Global Forecast to 2030", is expected to reach USD 4,206.0 million in 2030 from USD 814.6 million in 2024, at a CAGR of 31.5% during the forecast period. ...... Read More	September 17, 2024
Post-Quantum Cryptography (PQC) Market worth $1,887.9 million by 2029 According to a research report "Post-Quantum Cryptography (PQC) Market by Solution (Quantum-safe Hardware, Quantum-resistant Encryption Products, Cryptographic Libraries, VPN, Authentication), Service (Migration Services, Quantum Risk Assessment) - Global Forecast to 2029" published by MarketsandMarkets, the Post-Quantum Cryptography (PQC) market size is estimated to grow from USD 302.5 million in 2024 to USD 1,887.9 million by 2029 at a Compound Annual Growth Rate (CAGR) of 44.2% during the forecast period. The critical driver of post-quantum cryptography is the threat that quantum computers would pose against existing cryptographic solutions, like RSA (Rivest-Shamir-Adleman) and ECC (Elliptic curve cryptography), which hold highly sensitive data across sectors. ...... Read More	September 16, 2024
Sustainable Tire Market worth $0.39 billion by 2029 The report "Sustainable Tire Market by Material Type (Rubber, Sustainable Carbon Black, Silica), Propulsion Type (Internal Combustion Engine, Electric Vehicles), Structure (Radial, Bias), Vehicle (Passenger, Commercial), & Region - Global Forecast to 2029", is USD 0.12 billion in 2024 and is projected to reach USD 0.39 billion by 2029, at a CAGR of 27.3%. ...... Read More	September 16, 2024
Africa Centrifugal Pump Market worth $903.1 million by 2030 According to a research report "Africa Centrifugal Pump Market by Type (Overhung Impeller, Between Bearing, Vertically Suspended), Operation Type (Electrical, Hydraulic, Air-driven), Stage (Single, Multi), End User (Industrial, Residential & Commercial) and Country - Forecast to 2030" published by MarketsandMarkets, With a compound annual growth rate (CAGR) of 5.5% over the forecast period, the Africa centrifugal pump market is expected to grow significantly, from an estimated USD 653.8 million in 2024 to USD 903.1 million by 2030. The primary driver of this robust growth is the growing demand for superior centrifugal pumps, particularly in light of the region's expanding agricultural industry. Another important factor propelling the growth of the Africa centrifugal pump market is the increasing preference for solar water pumps, which make use of centrifugal pump technology. Because of their effectiveness and environmental friendliness, these solar-powered pumps are becoming more and more popular, especially in isolated and off-grid areas with limited access to traditional power sources. The growing uptake of solar water pumps is a testament to the region's commitment to sustainable solutions and the desire to harness renewable energy sources to address water management challenges. The transition to renewable energy solutions, coupled with the need for dependable water management systems in agriculture, is driving the growing demand for advanced centrifugal pumps in Africa. ...... Read More	September 16, 2024
All-terrain Vehicle Market worth $3.3 billion by 2030 According to a research report "All-terrain Vehicle Market by Application (Sport, Utility, Agriculture, Military), Drive (2WD, 4WD, AWD), Engine (<400, 400-800, >800cc), Fuel, Number of Wheels (ATV and Side-By-Side), Battery Capacity, Seating Capacity & Region - Global Forecast to 2030" published by MarketsandMarkets, The global all-terrain vehicle market size is projected to grow from USD 2.9 billion in 2024 to USD 3.3 billion by 2030 at a CAGR of 2.3%. ...... Read More	September 16, 2024
Network Security Market worth $111.0 billion by 2029 According to a research report "Network Security Market by Solution (VPN, Data Loss Prevention, Firewall, Secure Web Gateway, DDOS Mitigation, UTM), Network Environment (Branch Campus Network Security, Data Center Network Security) - Global Forecast to 2029" published by MarketsandMarkets, the global network security market size is projected to grow from USD 78.2 billion in 2024 to USD 111.0 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period. Sophisticated cyber threats have been a major driver of the traction of network security solution adoption and the emergence of the new wave of threats such as ransomware and APTs. Prior to committing complex new attacks, the attackers target critical infrastructure, financial systems, and private data. So, organizations are heavily investing in network security solutions that track and block any incoming threats to preserve their assets and the company's operations in a combat environment. ...... Read More	September 16, 2024
Business Jet Industry worth $156.99 billion by 2032 The report "Business Jet Market by Point of Sale (Pre-owned, OEM, Aftermarket), Aircraft Type (Light, Mid-Sized, Large, Airliner), End-Use (Private Jet User, Operator), Systems (Aerostructures, Avionics, Aircraft Systems), Range - Global Forecast to 2032" The business jet market size is projected to grow from an estimated USD 95.80 billion in 2024 to USD 156.99 billion by 2032, at a CAGR of 6.4% during the forecast period. The volume of new business jet is expected to be 793 in 2032 from 662 in 2024. The volume of used private jet retail transactions is expected to increase from 2,578 in 2024 to 3,289 in 2032. The increasing need for enhanced productivity and efficiency by business jet users, increased advancements in hybrid & electric technologies, and increasing number of high-net-worth individuals are driving the growth of the business jet industry. ...... Read More	September 13, 2024
Antiscalants Market worth $5.9 billion by 2029 The report "Antiscalants Market by Type, Application (Power & Construction, Oil & Gas, Mining, Municipal Water Treatment & Desalination, Food & Beverage, Chemical & Pharmaceutical, Pulp & Paper), Process Type, & Region - Global Forecast to 2029", size is projected to grow from USD 4.5 billion in 2024 to USD 5.9 billion by 2029, registering a CAGR of 5.4% during the forecast period. ...... Read More	September 13, 2024
IT Operations Analytics (ITOA) Market worth $127.4 billion by 2029 According to a research report "IT Operations Analytics (ITOA) Market by Technology (Prescriptive analytics, Predictive analytics), Application (Root Cause Analysis, Application Performance Monitoring (APM), Security & Event Management, Network Management, BPM) - Global Forecast to 2029" published by MarketsandMarkets, the market for IT operations analytics (ITOA) is estimated to grow from USD 26.8 billion in 2024 to USD 127.4 billion in 2029, at a CAGR of 36.6% during the forecast period. The growth of ITOA market is driven by the surge in IT operations data, which mandates advanced analytics, that allows efficient handling and management of the data. The complexity of multi-cloud environments pushes demand for unified analytics solutions and the growing need for real-time insights and automation. ...... Read More	September 13, 2024
Automotive Gears Market worth $50.8 billion by 2030 According to a research report "Automotive Gears Market by Type (Planetary, Bevel, Rack & Pinion, Hypoid, Worm, Helical, Spur, Non-metallic), Application (Transmission, Differential, Steering, Others), Vehicle Type, Propulsion (ICE, Hybrid), Material, & Region - Global Forecast to 2030" published by MarketsandMarkets, the automotive gears market is projected to reach USD 50.8 billion by 2030 from USD 42.7 billion in 2024, at a CAGR of 3.0%. ...... Read More	September 12, 2024
Urban Air Mobility Industry worth $41.5 billion in 2035 The report "Urban Air Mobility Market by Mobility Type (Air Taxi, Personal Air Vehicle, Cargo Air Vehicle, Air Shuttles & Metros), Solution (Platform, Charging, Vertiport), Platform Architecture (Multicopters, Lift + Cruise), Range & Region – Global Forecast to 2035" The urban air mobility market is estimated to be USD 4.6 billion in 2024 and is projected to reach USD 23.5 billion by 2030, at a CAGR of 31.2% between 2024 and 2030, and USD 41.5 billion by 2035, at a CAGR of 12.1% from 2030 to 2035. The Platform Volumes are expected to grow from 61,479 units in 2024 to 519,370 in 2030 to 875,438 units in 2035. Rapidly developing cities and increased road congestion in large towns create a need for alternative transportation. UAM is one answer to the development of ways to cut congestion, with a fleet of options that take faster and more direct routes through the air. Growing populations in urban areas further develop the need for additional transportation infrastructure, making UAM an extremely attractive option for planners and developers alike. Besides, UAM vehicles, particularly eVTOL aircraft, are considered green machines, which correspond to combustion engine vehicles, to reduce emissions. Besides, the eVTOLs have been designed to keep noise lower than helicopters so as not to cause noise pollution in urban areas, which is a great concern. ...... Read More	September 12, 2024

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