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Home › Press Releases
Press Releases
Title | Date |
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Automated Machine Learning (AutoML) Market worth $6.4 billion by 2028According to a research report "Automated Machine Learning (AutoML) Market by Offering (Solutions & Services), Application (Data Processing, Model Selection, Hyperparameter Optimization & Tuning, Feature Engineering, Model Ensembling), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for Automated Machine Learning is estimated to grow from USD 1.0 billion in 2023 to USD 6.4 billion by 2028, at a CAGR of 44.6% during the forecast period. AutoML, or Automated Machine Learning, is a rapidly growing field that aims to automate many of the time-consuming and complex tasks involved in building and deploying machine learning models. The AutoML market has been expanding rapidly in recent years, driven by the increasing demand for machine learning solutions across a variety of industries. AutoML tools offer a range of functionalities, such as automating feature engineering, hyperparameter tuning, model selection, and deployment. This allows data scientists, engineers, and businesses to build and deploy high-quality machine learning models much faster and with less expertise required. ...... Read More |
May 12, 2023 |
Life Science Instrumentation Market worth $73.9 billion by 2028According to latest research report "Life Science Instrumentation Market by Technology (Spectroscopy, Chromatography, Immunoassay, NGS, PCR, Microscopy), Application (Diagnostic, Clinical), End User (Pharma, Agriculture & Food Industry, Hospitals, Diagnostic Labs) - Global Forecasts to 2028", the global life science instrumentation market projected to reach USD 73.9 billion by 2028 from USD 54.9 billion in 2023, at a CAGR of 6.1% from 2023 to 2028. ...... Read More |
May 12, 2023 |
Phytosterols Market worth $1.6 billion by 2028According to a research report "Phytosterols Market by Composition (Beta-Sitosterol, Campesterol, Stigmasterol), Application (Food & Beverages, Pharmaceutical, Cosmetics & Personal Care Products, and Feed), Form( Dry, Liquid), Source and Region - Global Forecast to 2028" published by MarketsandMarkets, the phytosterols market is projected to reach USD 1.6 billion by 2028 from USD 1.0 billion by 2023, at a CAGR of 8.3% during the forecast period in terms of value. The market for phytosterol by composition is experiencing growth due to the increasing demand for phytosterol products due to increase in health awareness. ...... Read More |
May 11, 2023 |
Retail Cloud Market worth $114.9 billion by 2028According to a research report "Retail Cloud Market by Component (Solutions and Services), Service Model (SaaS, PaaS, and IaaS), Deployment Model (Public, Private, and Hybrid Cloud), Organization Size (SMEs and Large Enterprises) and Region - Global Forecast to 2028" published by MarketsandMarkets, the retail cloud market size is expected to grow from USD 47.0 billion in 2023 to USD 114.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. The growing need for enhancing online shopping experience, increase in adoption of SaaS solutions, and surge in demand for hybrid cloud solutions with the adoption of remote working has driven the market growth. ...... Read More |
May 11, 2023 |
Acrylate Market worth $14.7 Billion by 2028The report "Acrylate Market by Chemistry, Application (Paints & Coatings, Plastics, Adhesives & Sealants, Fabrics), End-use Industry (Building & Construction, Packaging, Consumer Goods, Automotive, Textiles, Biomedical), & Region - Global Forecast to 2028", The acrylate market is projected to reach USD 14.7 Billion by 2028, at a CAGR of 6.4% from USD 10.8 Billion in 2023. The acrylate market is mainly driven by the demand for acrylate in various end-use industries, including building & construction, packaging, consumer goods, automotive, textiles, bio-medical, cosmetic & personal care. Moreover, it is also driven by rapidly developing and emerging economies such as India, China, and Japan. ...... Read More |
May 11, 2023 |
Thermal Insulation Material Market worth $96.0 billion by 2028The report "Thermal Insulation Material Market by Material Type (Fiberglass,Stone Wool,Foam,Wood Fiber), Temperature range (0-100?, 100-500?, 500? and above), End use industry (Construction,Automotive,HVAC,Industrial), and Region - Global Forecast to 2028", The thermal insulation material market is projected to reach USD 96.0 billion by 2028, at a CAGR of 6.0% from USD 71.7 billion in 2023. The thermal insulation material market is mainly driven by the demand for thermal insulation material in various end-use industries, including construction, automotive, HVAC and industrial aplications coupled with the increasing demand for indoor air quality ,energy efficiency regulations and concerns for the environmental impact. Moreover, it is also driven by rapidly developing and emerging economies. ...... Read More |
May 11, 2023 |
Artificial intelligence (AI) in genomics Industry Worth $2.0 billion by 2028, with a CAGR of 32.3%According to the latest research report "Artificial Intelligence In Genomics Market by Offering (Software & Services), Technology (Machine Learning), Functionality (Gene Sequencing, Gene Editing), Application (Diagnostics, Drug discovery), End User (Pharma, Hospitals) - Global Forecasts to 2028", the global AI in Genomics market projected to reach USD 2.0 billion by 2028, from USD 0.5 billion in 2023, at a CAGR of 32.3% from 2023 to 2028. ...... Read More |
May 11, 2023 |
Gummy Supplement Market worth $48.5 billion by 2028According to a research report "Gummy Supplements Market by Type (Vitamin Gummies, Omega Fatty Acid Gummies, Collagen Gummies, CBD Gummies), Starch Ingredient (Supplements With Starch, Starchless Systems), Distribution Channel, End User, Functionality & Region - Global Forecast to 2028" published by MarketsandMarkets, the global Gummy supplement market is projected to reach USD 48.5 billion by 2028 from USD 24.6 billion by 2023, at a CAGR of 14.5% during the forecast period in terms of value. The World Health Organization (WHO) estimates that more than two billion people worldwide suffer from micronutrient insufficiency. Iron, vitamin A, and iodine deficiencies are the most prevalent worldwide, particularly in youngsters and pregnant women. Micronutrient deficits are disproportionately prevalent in low- and middle-income counties. Micronutrient deficiencies can induce evident and serious health issues, but they can also produce less clinically noticeable decreases in energy, mental clarity, and overall capacity. This may result in poorer academic performance, decreased productivity at work, and a higher chance of contracting other illnesses and medical disorders. A lot of these inadequacies can be avoided by taking supplements. Thus, consumers are gradually adopting gummy supplements which provide the required number of vitamins, minerals, and other micronutrients in a convenient and tasteful form. ...... Read More |
May 10, 2023 |
Fluoropolymer Processing Aid Market worth $1.7 billion in 2028The report "Fluoropolymer Processing Aid Market by Polymer Type (PE, PP, PVC), Application (Blown & Cast Film, Wires & Cables, Pipes & Tubes, Fibers & Raffia), and Region (Europe, North America, Asia Pacific, MEA, South America) - Global Forecast to 2028", size is estimated as USD 1.5 billion in 2023 and is projected to reach USD 1.7 billion in 2028 at a CAGR of 2.9%. ...... Read More |
May 10, 2023 |
HLA Typing Industry worth $2.1 billion by 2028, with a CAGR of 6.5%The report "HLA Typing Market by Technology (PCR (SSO, SSP, Real Time), Sequencing (NGS, Sanger)), Product (Instrument, Reagent, Software), Application (Chimerism, Antibody Screening), End User (Hospital, Diagnolab, Academia) & Region - Global Forecast to 2028", is projected to reach USD 2.1 billion by 2028 from an estimated value of USD 1.4 billion in 2022, at a CAGR of 6.5% during the forecast period. The HLA typing market is mainly driven by rising incidence of neurovascular diseases, availability of medical reimbursements for neurovascular procedures, expansion of healthcare infrastructure across emerging economies, increased focus of players on boosting the research in novel neurovascular devices, and growing demand for minimally invasive surgical procedures. ...... Read More |
May 10, 2023 |
Law Enforcement Software Market worth $25.6 billion by 2028According to a research report "Law Enforcement Software Market by Component, Solution (Computer-aided Dispatch, Record Management, Jail Management, Incident Response, and Digital Policing), Service, Deployment Type (On-premises and Cloud) and Region - Global Forecast to 2028" published by MarketsandMarkets, the law enforcement software market size is expected to grow from USD 16.4 billion in 2023 to USD 25.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. Increased rates and the changing nature of crime are major drivers for the rise in the need for innovative law enforcement solutions and services. Governments worldwide constantly focus on reforming laws, regulations, and policies to fight against crime and enhance public security. Law enforcement agencies are responsible for enforcing the law by discovering, deterring, rehabilitating, or punishing people who violate the rules and norms governing that society. ...... Read More |
May 10, 2023 |
Exterior Insulation and Finish System (EIFS) Market worth $160.3 billion by 2028The report "Exterior Insulation and Finish System (EIFS) Market by Type (PB, PM), Insulation Material (EPS, MW), End-use (Residential, Non-residential), Component (Adhesive, Insulation Board), Thickness (1-2 Inches, 3-6 Inches), And Region - Global Forecast to 2028", The market for exterior insulation and finish system is approximated to be USD 99.2 billion in 2023, and it is projected to reach USD 160.3 billion by 2028, at a CAGR of 10.1%. The Exterior insulation and finish system market is experiencing significant growth driven by several factors, including the growing investments in construction industry, stringent regulations on greenhouse gas emissions, and increased focus on energy efficiency of buildings. However, the volatile raw material prices and availability of green insulation alternative material may limit market growth. Despite these restraints, opportunities exist in the market due to favoring policies and regulations. The Exterior insulation and finish system industry also faces the challenge of lack of awareness in the market. ...... Read More |
May 10, 2023 |
Industrial Sugar Market worth $59.1 billion by 2028According to a research report "Industrial Sugar Market by Type (White Sugar, Brown Sugar, & Liquid Sugar), Application (Dairy Products, Bakery Products, Confectionery, Beverages, & Pharmaceuticals), Source (Sugarcane & Sugar Beet) and Region - Global Forecast to 2028" published by MarketsandMarkets, the industrial sugar market is projected to reach USD 59.1 billion by 2028 from USD 46.4 billion by 2023, at a CAGR of 5.0% during the forecast period in terms of value. The market for industrial sugar by solution is experiencing growth due to the increasing demand for processed and convenience food and beverages globally. ...... Read More |
May 9, 2023 |
Metallic Stearates Market worth $4.9 billion by 2028The report "Metallic Stearates Market by Type (Magnesium Stearates, Zinc Stearates, Calcium Stearates), End-Use Industry (Polymer & Rubber, Pharmaceuticals & Cosmetics, Building and Construction), & Region (APAC, North America, Europe, RoW) - Global Forecast to 2028", is approximated to be USD 3.7 billion in 2023, and it is projected to reach USD 4.9 billion by 2028 at a CAGR of 5.4%. ...... Read More |
May 9, 2023 |
Precision Swine Farming Market worth $711 million by 2028According to a research report "Precision Swine Farming Market by Application (Feeding Management, Swine Identification, and Tracking), Offering (Hardware, Software, and Services), Farm Size (Small Farms, Mid-sized Farms, and Large Farms) and Region - Global Forecast to 2028" published by MarketsandMarkets, the precision swine farming market is projected to reach USD 711 million by 2028 from USD 418 million by 2023, at a CAGR of 11.2% during the forecast period in terms of value. The market for precision swine farming by software offering is experiencing growth due to the need for efficient data management and analysis in managing large number of pigs as there has been surge in demand for pork products. ...... Read More |
May 9, 2023 |
Metaverse in Healthcare Market worth $79.6 billion by 2028The report "Metaverse in Healthcare Market by Component (Hardware, Services, Software), Technology (AR/VR, MR, AI, Blockchain, IoT), Application(Telehealth, Diagnostics, Medical Training & Education), End User (Provider, Patients, Payers, Pharma) - Global Forecast to 2028", is projected to reach USD 79.6 billion by 2028 from USD 9.5 billion in 2023, at a CAGR of 52.9% during the forecast period. ...... Read More |
May 9, 2023 |
Metal Stamping Market worth $257.1 billion by 2028The report "Metal Stamping Market by Process (Embossing, Blanking, Bending, Coining, Flanging), Material Thickness (≤0.4mm, >0.4mm), Press Type (Hydraulic Press, Mechanical Press, Servo Press), Material, End-Use Industry, Region - Trends and Forecast to 2028", is approximated to be USD 213.8 billion in 2023, and it is projected to reach USD 257.1 billion by 2028, at a CAGR of 3.7%. Growth in the automotive and construction industries, advancements in manufacturing technology, a focus on lightweight materials, and increase in product customization, all have an impact on the metal stamping market. These factors are expected to boost demand for metal stamping products while also encouraging the development of more advanced and efficient metal stamping processes. ...... Read More |
May 8, 2023 |
Food Antioxidants Market worth $2.2 billion by 2028According to a research report "Food Antioxidants Market by Source (Fruits & Vegetables, Oils, Spices & Herbs, Botanical Extracts, Gallic Acid & Petroleum), Application (Fats & Oils, Prepared Meat & Poultry, Bakery & Confectionery), Type, Form and Region - Global Forecast to 2028" published by MarketsandMarkets, the food antioxidants market is estimated at USD 1.6 billion in 2023 and is projected to reach USD 2.2 billion by 2028, at a CAGR of 6.2% from 2023 to 2028. There are several factors responsible for the expected increase in demand for food antioxidants. Some of which are the growing awareness among consumers about the health benefits of antioxidants. Antioxidants are known to help reduce the risk of chronic diseases such as heart disease, cancer, and Alzheimer's disease. As consumers become more health-conscious, they are likely to seek out foods that contain elevated levels of antioxidants. And another major factor is the rise of functional foods is also expected to contribute to the increased demand for antioxidants in food. Functional foods are those that provide health benefits beyond basic nutrition. As consumers seek out foods that can help improve their health, the demand for foods that are fortified with antioxidants is likely to increase. Such factors potentially increase the demand for food antioxidants. ...... Read More |
May 8, 2023 |
Chatbot Market worth $15.5 billion by 2028According to a research report "Chatbot Market by Offering, Bot Communication (Text, Audio, & Video), Type, Business Function (Sales & Marketing, Contact Centers), Channel Integration, Vertical (Retail & eCommerce, Healthcare & Life Sciences) and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for chatbot market is estimated to grow from USD 5.4 billion in 2023 to USD 15.5 billion by 2028, at a CAGR of 23.3% during the forecast period. ...... Read More |
May 8, 2023 |
Ultrapure Water Market worth $12.1 billion by 2027The report "Ultrapure Water Market by Equipment, Material, and Service (Filtration, Consumables/Aftermarket), Application (Washing Fluid, Process Feed), End-Use Industry (Semiconductor, Power, Pharmaceutical), and Region - Global Forecast to 2027", is projected to reach USD 12.1 billion by 2027, at a CAGR of 8.6% from USD 8.0 billion in 2022. ...... Read More |
May 8, 2023 |
Nuclear Medicine/Radiopharmaceuticals Industry worth $9.4 billion by 2028, with a CAGR of 11.3%The report "Nuclear Medicine/Radiopharmaceuticals Market by Type (Diagnostic (SPECT-Technetium, PET-F-18),Therapeutic (Beta Emitters-Y-90, Alpha Emitters, Brachytherapy), Application (Neurology,Thyroid, Oncology),Procedures, End User - Global Forecast to 2028", is projected to reach USD 9.4 billion by 2028 from USD 5.5 billion in 2023, at a CAGR of 11.3% during the forecast period. ...... Read More |
May 5, 2023 |
Electrical Steel Market worth $ 60.7 billion by 2028The report "Electrical Steel Market by Type (Non-grain-oriented, and Grain-oriented), Application (Transformer, Motors, Inductors), End-user Industry (Automotive, Energy, Manufacturing, Household Appliances), and Region - Global Forecast to 2028", is approximated to be USD 40.6 billion in 2023, and it is projected to reach USD 60.7 billion by 2028, at a CAGR of 8.4%. ...... Read More |
May 5, 2023 |
NLP in Education Market worth $228 million by 2028According to a research report "NLP in Education Market by Offering (Solutions and Services), Model Type (Rule-based, Statistical, and Hybrid), Application (Sentiment Analysis & Data Extraction, Intelligent Tutoring & Langauge Learning), End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Natural Language Processing (NLP) in education market size is projected to grow from USD 99 million in 2023 to USD 228 million by 2028, at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period. The NLP in education is being used in language learning applications to provide better pronunciation feedback, enhance translation quality, and create conversational bots that allow students to practice speaking with a virtual tutor. ...... Read More |
May 5, 2023 |
Digital MRO Industry worth $2.0 billion by 2030The report "Digital MRO Industry by Technology (AR/VR, Cloud Computing, 3D Printing, Robotics, AI and Big Data Analytics, Digital Twin and Simulation, Blockchain, IoT), End User (MROs, Airlines, OEMs), Application, Region - Global Forecast to 2030" The digital MRO Industry is estimated to be USD 0.9 billion in 2023 and is projected to reach USD 2.0 billion by 2030, at a CAGR of 13.0% during the forecast period. The increasing adoption of digital technologies by medium and small MROs and airlines is driving the growth of the digital MRO market. ...... Read More |
May 5, 2023 |
Application Integration Market worth $38.4 billion by 2028According to a research report "Application Integration Market by Offering (Platforms and Services), Integration Type, Application (Customer Relationship Management, Enterprise Resource Planning), Vertical (BFSI, Retail & eCommerce, Automotive) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global application integration system market size is projected to grow from 15.4 billion in 2023 to USD 38.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. Heavy IoT investments are driving the growth of the application integration market. ...... Read More |
May 4, 2023 |
European Paints and Coatings Market worth $41.6 billion by 2028The report "European Paints and Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyester, PU, Fluoropolymer, Vinyl), Technology (Waterborne, Solvent borne, Powder), End-use (Architectural and Industrial), and Country - Global Forecast to 2028", is projected to grow from USD 37.2 billion in 2023 to USD 41.6 billion by 2028, at a CAGR of 2.3%. Increasing demand for premium paints to boost the European Paints and Coatings market. The architectural paints produced and consumed in Europe are exclusively medium to premium products, as the consumer interest in home decoration is high. These coatings offer better coverage than domestic formulations. ...... Read More |
May 4, 2023 |
Plant Factory Market worth $196 million by 2028According to a research report "Plant Factory Market by Growing System (Non-soil-based, Soil-based, Hybrid), Crop Type (Fruits, Vegetables, Flowers & Ornamentals, Other Crop Types), Facility Type (Greenhouses, Indoor Farms), Light Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the plant factory market is estimated at USD 138 million in 2023 and is projected to reach USD 196 million by 2028, at a CAGR of 7.3% from 2023 to 2028. As more people move to cities, there is a growing demand for locally grown produce. Plant factories can be in urban areas, reducing transportation costs and providing fresh produce to consumers in the same city or region. Many governments around the world are supporting plant factory production through funding, subsidies, and regulations that promote sustainable agriculture. This support is helping to drive growth in the plant factory market. ...... Read More |
May 4, 2023 |
Neurovascular Devices Industry worth $5.5 billion by 2028, with a CAGR of 8.7%The report "Neurovascular Devices Market by Disease Pathology (Cerebral Ameurysm (Embolic coils), Ischemic stroke (Clot retrievers, Aspiration, Microcatheters), AVM (Liquid Embolic Agents), End User (Hospitals), & Region - Global Forecast to 2028", is projected to reach USD 5.5 billion by 2028 from an estimated value of USD 3.6 billion in 2023, at a CAGR of 8.7% during the forecast period. The neurovascular devices market is mainly driven by rising incidence of neurovascular diseases, availability of medical reimbursements for neurovascular procedures, expansion of healthcare infrastructure across emerging economies, increased focus of players on boosting the research in novel neurovascular devices, and growing demand for minimally invasive surgical procedures. ...... Read More |
May 4, 2023 |
Haptic Technology Industry worth $5.0 billion by 2028The report "Haptic Technology Market by Feedback Type (Tactile, Force), Component (Hardware (Actuators, Drivers & Microcontrollers) Software), Application (Consumer Devices, Automotive & Transportation, Commercial & Industrial) and Region - Global Forecast to 2028" The Haptic Technology industry is expected to reach USD 5.0 billion by 2028 from USD 4.2 billion in 2023, at a CAGR of 3.7% during the 2023–2028 period. The major factors driving the market growth of the haptic technology market include the rising integration of haptic technology into consumer devices, the growing use of haptic technology in automotive industry, and increasing use of haptic technology in healthcare industry. ...... Read More |
May 4, 2023 |
Top 10 Medical Device Technologies Market worth $577.5 billion in 2027The report "Top 10 Medical Device Technologies Market by Type (In Vitro Diagnostics, Diagnostics Imaging, Orthopedic, Ophthalmology, Cardiology, Endoscopy, Diabetes Care, Respiratory Care & Anesthesia, Kidney/Dialysis Devices) and Region - Global Forecast to 2027", is estimated at USD 577.5 billion in 2027 and is projected to reach USD 437.4 billion by 2022, at a CAGR of 5.7% from 2022 to 2027. Factors such as rising prevalence of Rising prevalence of chronic diseases and related increase in disability-adjusted life years (DALYs), Technological advancements in medical devices and Rapidly increasing aging population will lead this market growth in forecast period. ...... Read More |
May 3, 2023 |
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