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Home › Press Releases
Press Releases
Title | Date |
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NVH Testing Industry worth $3.0 billion by 2028The report "NVH Testing Market by Application (Impact Hammer Testing and Powertrain NVH Testing, Sound Intensity Measurement and Sound Quality Testing, Product Vibration Testing), Type (Hardware, Software), Vertical and Region - Global Forecast to 2028" The NVH testing industry size is expected to reach USD 3.0 billion by 2028 from USD 2.2 billion in 2023, at a CAGR of 6.3% during the 2023–2028 period. The major factors driving the market growth of the NVH testing industry include stringent government regulations to reduce noise pollution, the growing need for NVH testing in the automotive vertical, and the growing adoption of automated condition monitoring solutions for smart factories. ...... Read More |
April 5, 2023 |
Biofertilizers Market worth $5.2 billion by 2028According to a research report "Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potassium Solubilizing & Mobilizing), Mode of Application (Soil Treatment, Seed Treatment), Form, Crop Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the biofertilizers market is estimated at USD 3.1 billion in 2023 and is projected to reach USD 5.2 billion by 2028, at a CAGR of 10.9% from 2023 to 2028. The market was valued to be 2.8 billion in 2022. Due to the rise in the modern agriculture techniques, precision farming and protected agriculture the global biofertilizers market is projected to grow at robust growth rate. Increasing demand for packaged organic and sustainably sourced food products, especially in urban areas, is further fueling the growth of the market. ...... Read More |
April 4, 2023 |
AI in Project Management Market worth $5.7 billion by 2028According to a research report "AI in Project Management Market by Component (Solution (Robotic Process Automation, Chatbots & Intelligent Virtual Assistants, Others), Service), Application, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for AI in project management is projected to grow from USD 2.5 billion in 2023 to USD 5.7 billion by 2028, at a CAGR of 17.3% during the forecast period. Artificial intelligence (AI) already significantly impacts how people live their lives, and it will only get stronger. As AI advances, technology is being leveraged to increase productivity in business and industry. Project management is being significantly impacted by AI. ...... Read More |
April 4, 2023 |
Utility Markers Industry worth $471 million by 2028The report "Utility Markers Market by Type (Ball Markers, Disk Markers, Tape Markers, Spike Markers), Configuration (Passive, Programmable), Utility Type (Gas, Power, Telecommunications, Water & Wastewater) and Region - Global Forecast to 2028" The global utility markers industry size is projected to grow from USD 341 million in 2023 to USD 471 million by 2028, at a CAGR of 6.7% during the forecast period. Utility markers are able to provide the exact location of the utility buried underground. These markers are placed with the ducts, cables, and pipelines underground, which convey the exact physical characteristics of underground utilities to the utility locators. The markers are independent of power supply and have a lifetime of around 30-50 years depending on the manufacturer and market type. ...... Read More |
April 3, 2023 |
Fire Resistant Lubricants Market worth $3.7 billion by 2027The report "Fire Resistant Lubricants Market by Type (HFA, HFB, HFC, HFDU, HFDR), End-Use Industry (Metal Processing, Mining, Power Generation, Aerospace, Marine, Construction, Others), Region (Asia Pacific, North America, Europe, South America) - Global Forecast to 2027", size is projected to reach USD 3.7 billion by 2027 from USD 3.1 billion in 2022, growing at a CAGR of 3.4 % in terms of value during the forecast period. ...... Read More |
April 3, 2023 |
Healthcare Interoperability Solutions Industry worth $6.2 billion by 2027, with a CAGR of 12.9%The report "Healthcare Interoperability Solutions Market by Type (Software (EHR, Lab System, Imaging, Health Information Exchange, Enterprises), and Services), Interoperability Level (Foundational, Structural, Semantic), End User, and Region - Global Forecast to 2027", is projected to reach reach USD 6.2 billion by 2027 from USD 3.4 billion in 2022, at a CAGR of 12.9% during the forecast period. Growth in this market is driven by the increasing demand for efficient and cost-effictive healthcare delivery, government initiatives towards improving the healthcare interoperability. However, the lack of true interoperability among electric systems, financial burden and technical difficulties in building and operations are some factors restraining the growth of the healthcare interoperability solutions market to a certain extent during the forecast period. The base year considered for the study is 2021, while, the forecast period is 2022 to 2027. ...... Read More |
April 3, 2023 |
Digital Evidence Management Market worth $13.6 billion by 2028According to a research report "Digital Evidence Management Market by Component (Software, Hardware, & Services), Software (Evidence Collection, Storage & Sharing, Evidence Analytics & Visualization, Evidence Security), Service, Deployment Mode, End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the digital evidence management market size is estimated at USD 7.7 billion in 2023 and is projected to reach USD 13.6 billion by 2028, at a CAGR of 12.1% from 2023 to 2028. Factors such as the increasing volume of digital evidence positively drive the growth of the digital evidence management market. Furthermore, government initiatives for digital evidence management also contribute to market growth. ...... Read More |
April 3, 2023 |
Thermoplastic Polyurethane (TPU) Market worth $4.6 billion by 2027The report "Thermoplastic Polyurethane (TPU) Market Raw Material (Diisocyanates, Polyols, Diols), Type (Polyester, Polyether, Polycaprolactone), End-Use Industry (Footwear, Industrial, Machinery, Automotive, Electronics, Medical), and Region - Global Forecast to 2027", is projected to reach USD 4.6 billion by 2027, at a CAGR of 7.1% from USD 3.2 billion in 2022. ...... Read More |
March 31, 2023 |
Cloud Professional Services Market worth $55.3 billion by 2028According to a research report "Cloud Professional Services Market by Service Type (Consulting, Application Development & Modernization), Service Model (SaaS, PaaS, IaaS), Deployment Model (Public and Private), Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Cloud Professional Services market is projected to grow from USD 25.6 billion in 2023 to USD 55.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 16.6% during the forecast period. The growth of the Cloud Professional Services market can be attributed to the growing focus of enterprises on improving customer experiences. Moreover, the growing adoption of remote working models with the outbreak of COVID-19 fuels the growth of the market. ...... Read More |
March 31, 2023 |
DevOps Market worth $25.5 billion by 2028According to a research report "DevOps Market by Type (Solutions and Services), Cloud Deployment Model (Public and Private), Organization Size (SMEs and Large Enterprises), Verticals (Telecommunications, IT & ITES, and BFSI) and Region - Global Forecast to 2028" published by MarketsandMarkets, the DevOps market size is expected to grow from USD 10.4 billion in 2023 to USD 25.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. DevOps could be the only practical method to deal with diverse ecosystems efficiently since modern enterprise applications are ripe with complexity that keeps increasing due to the usage of numerous technologies, many databases, and various end-user devices. DevOps technologies can help in the four areas of culture, automation, measurement, and sharing (CAMS), which some people divide into four categories. These technologies can improve the efficiency and collaboration of development and operations workflows by automating formerly laborious, manual, or static procedures involved in integration, development, testing, deployment, or monitoring. ...... Read More |
March 30, 2023 |
Military Non-Steerable Antenna Industry worth $739 million by 2028The report "Military Non-Steerable Antenna Industry by Platform (Ground, Airborne, Marine), Product (Blade, Patch, Whip, Conformal, Rubbery Ducky, Loop), Application, Frequency (HF, VHF, UHF, EHF, SHF, Multiband), Point of Sale and Region - Forecast to 2028" The military non-steerable antenna industry is projected to reach USD 739 million by 2028, from USD 529 million in 2023, at a CAGR of 6.9%. ...... Read More |
March 30, 2023 |
Biomass Power Generation Market worth $105.7 billion by 2028According to a research report "Biomass Power Generation Market by Technology (Combustion, Gasification, Anaerobic Digestion, Pyrolysis), Feedstock (Agricultural Waste, Forest Waste, Animal Waste, Municipal Waste), Fuel (Solid, Liquid, Gaseous) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global biomass power generation market is projected to reach USD 105.7 billion by 2028 from an estimated USD 91.3 billion in 2023, at a CAGR of 3.0% during the forecast period. ...... Read More |
March 30, 2023 |
Vitamins Market worth $8.9 billion by 2028According to a research report "Vitamins Market by Type (Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, & Vitamin K), Application (Healthcare Products, Food & Beverages, Feed, and Personal Care Products), Source (Synthetic and Natural) and Region - Global Forecast to 2028" published by MarketsandMarkets, the vitamins market is estimated at USD 6.7 billion in 2023 and is projected to reach USD 8.9 billion in 2028, at a CAGR of 6.0% from 2023 to 2028. Vitamins are intended to be used as a supplement along with a daily diet to curb the increasing vitamin deficiencies. It can be used as a preventive measure to curb several lifestyle diseases. Factors contributing to the rising demand for vitamins in the market are changing food habits, hectic lifestyles, more consumption of nutrition less fast foods, etc. Additionally, the growing geriatric and infant population globally demands more nutritionally enriched and fortified food. ...... Read More |
March 29, 2023 |
Smart City Platforms Market worth $292.1 billion by 2028According to a research report "Smart City Platforms Market by Offering (Platforms (Connectivity Management, Integration, Device Management) and Services), Delivery Model (Offshore, Hybrid, On-site), Application (Smart Transportation and Public Safety) and Region - Global Forecast to 2028" published by MarketsandMarkets, the smart city platforms market is estimated at USD 191.6 billion in 2023 and is projected to reach USD 292.1 billion by 2028, at a CAGR of 8.8% from 2023 to 2028. The growing mobile subscriber base, broadband penetration, and the adoption of advanced technologies across businesses drive the smart city platforms market. ...... Read More |
March 29, 2023 |
Polyurethane Sealants Market worth $3.3 billion by 2027The report "Polyurethane Sealants Market by Type (One-Component and Two-Component), End-Use Industry (Building and Construction, Automotive, General Industrial, Marine), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2027", size is estimated at USD 2.7 billion in 2022 to USD 3.3 billion by 2027, at a CAGR of 4.1%, between 2022 and 2027. The rapid growth of the housing & construction sector, increasing gross domestic product (GDP), growing urbanization, and increasing disposable income drive the polyurethane sealants market. Technological advancements in end-use industries such as automotive, general industrial, marine, and others also support growth. The polyurethane sealants market is divided into five key regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America. China and India, among other countries, are leading the polyurethane sealants market globally. ...... Read More |
March 29, 2023 |
Composites In Oil & Gas Industry Market worth $3.4 billion by 2028The report "Composites In Oil & Gas Industry Market by Resin Type (Epoxy, Composites, Polyester, Phenolic), Fiber Type (Carbon, Glass,), Application (Pipes, Tanks, Top Side Applications, Pumps & Compressors), and Region - Global Forecasts to 2028", is estimated at USD 2.3 billion in 2022 and is projected to reach USD 3.4 billion by 2028, at a CAGR of 6.1% from 2023 to 2028. Factors such as the superior properties of composites like corrosion resistance, lightweight and high strength, durability, and improved performance are positively driving the growth of the Composites In Oil & Gas Industry Market. Furthermore, The rising applications from emerging economies and the adoption of composites will further propel the growth rate of the oil and gas composites market. The low maintenance cost of composites is projected to strengthen the market's growth. ...... Read More |
March 28, 2023 |
De-oiled Lecithin Market worth $321 million by 2028According to a research report "De-oiled Lecithin Market by Source (Soybean, Sunflower, Rapeseed & Canola, Eggs), Nature (Non-GMO and GMO), Form (Powder and Granules), Application (Food & Beverages, Feed, Industrial and Healthcare Products) and Region - Global Forecast to 2028" published by MarketsandMarkets, the de-oiled lecithin market is estimated at USD 220 million in 2023 and is projected to reach USD 321 million by 2028, at a CAGR of 7.8% from 2023 to 2028. Factors such as the increase in demand for natural food additives in food and beverages, the rising use of de-oiled lecithin in pharmaceutical tablets and capsules are positively driving the growth of the de-oiled lecithin market. Furthermore, rising trends for use of de-oiled lecithin in the production of cosmetic products for better emulsification drive market growth. ...... Read More |
March 28, 2023 |
Animal Parasiticides Market worth $14.1 billion by 2027The report "Animal Parasiticides Market by Type (Ectoparasiticides, Endoparasiticides, Endectocides), Animal Type (Dogs, Cats, Horses, Cattle, Pigs, Poultry, Goats), End User (Veterinary Hospitals, Animal farms, Home Care Settings) - Global Forecast to 2027", is projected to reach USD 14.1 billion by 2027 from USD 10.6 billion in 2022, at a CAGR of 5.8% during the forecast period. Factors such as the rising demand for animal-derived food products, increasing investments by private players, growing concerns of zoonotic diseases, regulations for preventing the spread of animal diseases, growing companion animal ownership rates, and rising animal health expenditure are driving the growth of the animal parasiticides market. However, a shift toward vegetarianism and restrictions on the use of parasiticides in food-producing animals are expected to restrain the growth of this market during the forecast period. ...... Read More |
March 28, 2023 |
mHealth Solutions Market worth $395.0 billion by 2028The report "mHealth Solutions Market by Apps (Women Health, Diabetes, Mental Health), Connected Devices (Glucose & Blood Pressure Monitor, Peak Flow Meter), Services (Remote Monitoring, Consultation), End user (Providers, Patients, Payers) - Global Forecast to 2028", is projected to reach USD 395.0 billion by 2028 from USD 119.5 billion in 2023, at a CAGR of 27.0% during the forecast period. ...... Read More |
March 27, 2023 |
Cloud Native Applications Market worth $17.0 billion by 2028According to a research report "Cloud Native Applications Market by Component (Platforms and Services), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare & Life Sciences, and IT & Telecom) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global cloud native applications market size is estimated at USD 5.9 billion in 2023 and is projected to reach USD 17.0 billion by 2028, at a CAGR of 23.7% during the forecast period. ...... Read More |
March 27, 2023 |
Satellite Launch Vehicle Industry worth $29.1 billion by 2027The report "Satellite Launch Vehicle Market by Vehicle (Small (<350,000 Kg), Medium to Heavy (>350,000 Kg)), Payload (<500 Kg, 500-2,500 Kg, >2,500 Kg), Orbit, Launch, Stage, Subsystem, Service and Region - Global Forecast to 2027" The Satellite launch vehicle market is estimated to be USD 15.7 billion in 2022 and is projected to reach USD 29.1 billion by 2027, at a CAGR of 13.1% during the forecast period. Increasing space tourism, small satellite constellations, reusable launch vehicles are driving the growth of the satellite launch vehicle market. ...... Read More |
March 24, 2023 |
5G IoT Market worth $59.7 billion by 2028According to a research report "5G IoT Market by Component (Hardware, Platform, Connectivity, and Services), Network Type (5G Standalone and 5G Non-Standalone), Organization Size, Type (Short-range IoT Devices, Wide-range IoT Devices), End Users and Region - Global Forecast to 2028" published by MarketsandMarkets, the global 5G IoT system market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period. Heavy IoT investments are driving the growth of the 5G IoT market. ...... Read More |
March 24, 2023 |
Plasticizers Market worth $22.5 billion in 2027The report "Plasticizers Market by type (phthalate and Non-phthalate), Application (Floorings & Wall Coverings, Films & Sheets, Coated Fabrics, Wires & Cables, Consumer Goods) and Region (North America, Europe, Middle East and Africa) - Global Forecast to 2027", is expected to grow at a CAGR of 5.7% during the forecast period, from an estimated USD 17.0 billion in 2022 to USD 22.5 billion in 2027.The flexibility of Plasticizers to be used in various applications is pushing the market. These Plasticizers enable to manufacture eco-friendly products. ...... Read More |
March 24, 2023 |
Surface Mount Technology (SMT) Industry worth $8.4 billion by 2028The report "Surface Mount Technology (SMT) Market by Equipment (Placement, Inspection, Soldering, Screen Printing Equipment, Cleaning Equipment, Repair & Rework Equipment), Component, Service, End User and Geography - Global Forecast to 2028" The surface mount technology (SMT) industry is projected to grow from USD 5.8 billion in 2023 to reach USD 8.4 billion by 2028; it is expected to grow at a CAGR of 7.8% during the forecast period. Some of the major driving factors for the growth of this market include the increased demand for miniaturized consumer electronics products and the increasing adoption of electric vehicles. ...... Read More |
March 24, 2023 |
Smart Transportation Market worth $248.7 billion by 2028According to a research report "Smart Transportation Market by Transportation Mode, Solution (Smart Ticketing, Passenger Information, Freight Information System), Service, Communication Technology, Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the smart transportation market size is projected to grow from USD 122.4 billion in 2023 to USD 248.7 billion by 2028, at a CAGR of 15.2% during the forecast period. Factors such as developments in IoT technology are expected to drive the growth of the smart transportation market. With the ongoing advancements, smart connectivity and control devices are expected to become highly intelligent and self-governing. Increasing adoption of 5G in urban areas is driving the adoption of smart transportation solutions and services. ...... Read More |
March 23, 2023 |
GPS Tracking Device Industry worth $5.7 billion in 2028The report "GPS Tracking Device Market by Type (Standalone Trackers, OBD Devices, Advance Trackers), Deployment (Commercial Vehicles, Cargo and Containers), Communication Technologies (Satellite, Cellular), Industry and Region - Global Forecast to 2028" The GPS Tracking Device Industry is projected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028. The growth of the market is attributed introduction of more advanced with smaller sizes, greater durability, and functionality. With recent technological advancements, it is possible to develop thumbnail-sized mid-and high-level precision gps receiver and tiny batteries, which make GPS tracking devices a long-lasting application. ...... Read More |
March 23, 2023 |
Feed Acidulants Market worth $4.7 billion by 2028According to a research report "Feed Acidulants Market by Type (Propionic Acid, Formic Acid, Citric Acid, Lactic Acid, Sorbic Acid, Malic Acid, and Acetic Acid), Animal Type (Poultry, Ruminants, Swine, Aquaculture, Pets, and Equine), Compound, Form and Region - Global Forecast to 2028" published by MarketsandMarkets, the global feed acidulants market is estimated to be valued at USD 3.4 billion in 2023. It is projected to reach USD 4.7 billion by 2028, recording a CAGR of 6.2% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global feed acidulants market. In terms of value sales, this would be strong enough to significantly influence the market during the predicted period. The rise in consumption of animal-based food, demand for a high protein diet, changing lifestyles, and consumption patterns drive the demand in the feed acidulants market. ...... Read More |
March 23, 2023 |
Clarifying Agents Market worth $338 million by 2027The report "Clarifying Agents Market by Form (Powder, Granules, Liquid), Polymer (PP, PE, PET), Application (Packaging, Consumer Products, Electronics) and Region (Europe, North America, Asia Pacific, MEA, SA)- Global Forecast to 2027", is projected to reach USD 338 million by 2027, at a CAGR of 7.5% from USD 235 million in 2022. ...... Read More |
March 23, 2023 |
AI Sensor Industry worth $22.1 billion by 2028The report "AI Sensor Market with Recession Impact by Sensor Type (Motion, Pressure, Temperature, Optical, Position), Application (Automotive, Consumer Electronics, Manufacturing), Type, Technology (NLP, ML, Computer Vision) and Region - Global Forecast to 2028" The AI sensor market is projected to reach USD 22.1 billion by 2028, from USD 3.0 billion in 2022, at a CAGR of 41.6%. Key factors driving the growth of the AI sensor market include the growing demand for AI sensors in IoT-based devices across home automation and automotive applications, smart infrastructure, and digitization to facilitate edge computing growth, and the increased use of AI sensor-equipped wireless technologies. ...... Read More |
March 22, 2023 |
Companion Animal Pharmaceuticals Market worth $19.6 billion by 2027The report "Companion Animal Pharmaceuticals Market by Animal Type (Dogs, Cats, Horses), Route of Administration (Oral, Injectable, Topical), Indication (Antibiotics, Parasiticides), Distribution Channel (Veterinary Hospitals & Clinics) - Global Forecast to 2027", is estimated at USD 14.4 billion in 2022 and is projected to reach USD 19.6 billion by 2027, at a CAGR of 6.3% from 2022 to 2027. Factors such as rising prevalence of zoonotic diseases, initiatives by various government agencies and animal associations, rising demand for pet insurance due to growing animal health expenditure, increasing R&D investments for animal healthcare, and high pet ownership rates worldwide are fueling this market. ...... Read More |
March 22, 2023 |
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