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Home › Press Releases
Press Releases
Title | Date |
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eClinical Solutions Industry worth $22.1 billion by 2029, with a CAGR of 13.7%The report "eClinical Solutions Market by Product (CDMS, EDC, CTMS, eCOA, RTSM, eTMF, Safety), Deployment (On premise, Cloud), Application (Collection, Operations, Analytics), Trial Phase, End user (Pharma, Biotech, Med Devices), & Region - Global Forecast to 2029", is projected to reach USD 22.1 billion by 2029 from USD 11.6 billion in 2024, at a high CAGR of 13.7% during the forecast period. ...... Read More |
July 30, 2024 |
Nutraceutical Ingredients Market worth $136.1 billion by 2029According to a research report "Nutraceutical Ingredients Market by Type (Proteins, Amino Acids, and Probiotics), Application (Food, Beverages, Animal Nutrition, Dietary Supplements, Food For Special Medical Purposes (FSMP)), Form, Function, & Region - Global Forecast to 2029" published by MarketsandMarkets, the global nutraceutical ingredients market, valued at USD 105.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 136.1 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 5.3% during the forecast period. ...... Read More |
July 30, 2024 |
RTLS for healthcare Industry worth $5.7 billion by 2029The report "RTLS Market for Healthcare by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, Zigbee, Rubee), Application (Inventory/Asset Tracking, Personnel Monitoring), Facility Type, Region - Global Forecast to 2029" The global healthcare RTLS Industry size is expected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a CAGR of 19.6% during the forecast period. Since ultra-wideband and Bluetooth low energy made a mark recently and are expected to grow exponentially during the forecast period. Hence, companies are involved in developing the best innovative products to lead the marketplace. Fast-paced startups offer a number of innovative solutions based on new RTLS technologies such as UWB, BLE, ZigBee, and RuBee. ...... Read More |
July 29, 2024 |
Permanent Magnet Market worth $80.4 billion by 2029The report "Permanent Magnet Market by Type (Neodymium Iron Boron magnet, Samarium Cobalt magnet, Ferrite magnet, AlNiCo magnet), End-Use Industries (Consumer Electronics, Automotive, Medical, Environment & Energy, Aerospace & Defense) - Global Forecast to 2029", is estimated at USD 53.5 billion in 2024 and is projected to reach USD 80.4 billion by 2029, at a CAGR of 8.5% from 2024 to 2029. Permanent magnets are materials that generates persistent magnetic field without the need of an external source. Even after the removal of magnetic force, these magnets can retain magnetism for longer time. Permanent magnets are made of hard ferromagnetic materials which attracts or repels certain metals or magnets. Neodymium Iron Boron magnets, Samarium Cobalt magnets, Ferrite magnets and AlNiCo magnets are the four main types of permanent magnets. They are available in various sizes and grades and are used in wide range of end-use industries. ...... Read More |
July 29, 2024 |
Prefilled Syringes Market worth $13.1 billion in 2030The report "Prefilled Syringes Market by Type (Conventional, Safety), Material (Glass Prefilled Syringe, Plastic), Design (Single-Chamber Prefilled Syringe, Dual-Chamber), Application (Diabetes, Cancer, and Rheumatoid Arthritis), & Region - Global Forecast to 2030", is projected to reach USD 13.1 billion in 2030 from USD 7.1 billion in 2024, at a CAGR of 10.8% between 2024 and 2030. ...... Read More |
July 29, 2024 |
Private Cloud Market worth $190.9 billion by 2029According to a research report "Private Cloud Market Private Cloud Market Size, By Type (Virtual, On-premises, Hosted, Managed), Service Model (laaS [Compute, Network], PaaS [Data Analytics & Processing, Application Development & Deployment], SaaS [Business Applications]) - Global Forecast to 2029" published by MarketsandMarkets, the global private cloud market will grow from USD 124.8 billion in 2024 to USD 190.9 billion by 2029 at a compounded annual growth rate (CAGR) of 8.9% during the forecast period. The private cloud continues to expand globally because organizations are awakening to the potential of security compliance and efficiency. Many organizations across various industries, including finance, healthcare, and government, have grown awareness about data and privacy. Private clouds allow organizations to have the required security by offering an isolated physical space needed to address cyber threats and unauthorized access while at the same time giving the organizations exclusive control over security measures protective of data. The private cloud allows one to specify security requirements according to an organization's compliance and data location. This focus on security and compliance drives the global private cloud market significantly. ...... Read More |
July 29, 2024 |
Future of Commercial Vehicle Telematics Market worth $12.8 billion by 2030According to a research report "Future of Commercial Vehicle Telematics Market by Package Type (Entry-Level, Mid-Tier, Advanced), Solution Type (Embedded, Portable, Smartphone/Cellular), Vendor Type (OEMs, Aftermarket), Vehicle Type (LCVs, HCVs) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global commercial vehicle telematics market size is projected to grow from USD 5.4 billion in 2024 to USD 12.8 billion by 2030, at a CAGR of 15.2%. The main factor driving production of commercial vehicle telematics is an attempt at finding effective ways of managing commercial fleets because their costs are comparatively hiked, and productivity enhanced remarkably. The changes such as the live updates in regards to the finishes and progress of loads and acts of predictiveness are helpful when reconstructing the paths and timetables for the maintenance of the vehicles thereby increasing the fuel efficiency and down time. On the same note, more stringent measures and conditions that are imposed on the firm on issues of safety, emission rates, and compliance can force fleet operators to adopt the telematics systems. ...... Read More |
July 29, 2024 |
Generative AI Cybersecurity Industry worth $40.1 billion by 2030According to a research report "Generative AI Cybersecurity Market Size, Share, Growth Analysis, By Generative AI-native Tools (Threat Hunting, Remediation), Cybersecurity Tools for Generative AI (Model Security, Data Security), End-user and Region - Global Industry Forecast to 2030" published by MarketsandMarkets, the market for Generative AI cybersecurity is anticipated to experience substantial expansion, ascending from a value of USD 7.1 billion in 2024 to a substantial worth of USD 40.1 billion by the year 2030. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 33.4% over the forecast period. This dramatic surge is being fueled by a number of causes. The primary growth driver is the enhancement of existing cybersecurity tools through generative AI algorithms by improving anomaly detection, automating threat hunting and penetration testing, and providing complex simulations for security testing purposes. These techniques enable various cyber attack scenarios that can be simulated using the Generative Adversarial Networks (GANs), thus enabling the development of better preparedness and response strategies. On the other hand, it requires special cyber security tools to protect generative AI workloads against unique vulnerabilities such as adversarial attacks, model inversions and LLM poisoning. These tools include differential privacy and secure multi-party computation that are integrated into AI systems for training and deployment data protection purposes. ...... Read More |
July 26, 2024 |
Feed Robotics Market Size worth $2.5 billion by 2029According to a research report "Feed Robotics Market by Product Type (Feed Pushers, Feed Mixers, Feeding robots), Farming Environment (Indoor, Outdoor), End Use Application (Dairy Farms, Poultry Farms, Swine Farm), Functionality, Farm Size & Region - Global Forecast to 2029" published by MarketsandMarkets, the feed robotics market is projected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 11.5% during the forecast period. The feed robotics market has seen exponential growth in recent years, fueled by increasing growth in the use of automation, artificial intelligence, & robotics as solution to many challenges on the farm, majorly related to the shortage of the labor demands. The limitations created by the labor shortage is not the only factor for the high adoption of artificial intelligence on the farms. The factor such as learning more about the precision feeding and its importance to deliver its critical nutrients in appropriate amounts at specific points in time to the cattle also plays a vital role in the growing adoption of robotics in feeding management. ...... Read More |
July 26, 2024 |
Cell Isolation/Separation Market worth $8.4 billion by 2029The report "Cell Isolation/Separation Market by Product (Consumables [Media, Kits] Instruments), Cell Type (Human, Animal), Cell Source (Bone Marrow, Adipose Tissue), Technique (Centrifugation, Filtration), Application (Biomolecule, Cancer) - Global Forecast to 2029", is projected to reach USD 8.4 billion by 2029 from an estimated USD 4.6 billion in 2024, at a CAGR of 12.9% from 2024 to 2029. Factors contributing to the growth of the global market include increasing R&D investments and funding in cell-based resaerch and growing emphasis on technological advancements. However, high cost of cell-based resaerch is expected to hinder market growth. ...... Read More |
July 26, 2024 |
Proximity Sensor Industry worth $6.6 billion by 2030The report "Proximity Sensor Market by Technology (Inductive, Capacitive, Magnetic, Photoelectric/Optical, Ultrasonic), Product Type (Fixed distance, Adjustable distance), Range, Output, End-user Industry and Region - Global Forecast to 2030" The proximity sensor industry is projected to grow from USD 4.3 billion in 2024 and is estimated to reach USD 6.6 billion by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.5% from 2024 to 2030. The growth of the proximity sensor market is driven by the expansion of proximity sensors into new application areas such as medical devices, environmental monitoring, and smart city initiatives, Integration of proximity sensors with IoT and Al technology ...... Read More |
July 26, 2024 |
Paints & Coatings Market worth $227.5 billion by 2029The report "Paints & Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Fluoropolymer, Vinyl, Polyester), Technology (Waterborne Coatings, Solvent-borne Coatings, Powder Coatings), End Use (Architectural, Industrial),Region - Global Forecast to 2029", is projected to reach a market size of USD 227.5 billion by 2029 from USD 194.5 billion in 2024, at a CAGR of 3.2%. The Asia pacific is one of the prominent consumers of paints & coatings across the globe. Currently, the requirement for paints & coatings is growing tremendously for automotive, packaging, construction, electronics, and others. The growth of the emerging economies as China, India, Brazil and Mexico among others contribute significantly for the development of the global paints & coatings market. ...... Read More |
July 26, 2024 |
Egg Replacers Market worth $3.3 billion by 2029According to a research report "Egg Replacers Market by Ingredient (Alternative Proteins, Starch, Algal Flour, Soy-Based Products), Source (Plant, Animal), Application (Bakery & Confectionery, Savories, Sauces, Dressings & Spreads), Form and Region - Global Forecast to 2029" published by MarketsandMarkets, the global market for egg replacers is estimated at USD 2.3 billion in 2024 and is projected to reach USD 3.3 billion by 2029, at a CAGR of 8.0% during the forecast period. ...... Read More |
July 25, 2024 |
Sustainable Adhesives Market worth $3.7 billion by 2029The report "Sustainable Adhesives Market by Type (Recyclable, Renewable, Biodegradable, Green), Raw Material (Water-Based, Plant-Based, EVA Based, Acrylic Based), End-Use Industry (Packaging, Woodworking, Construction, Medical), Region - Global Forecast to 2029", is USD 2.9 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 5.2%. ...... Read More |
July 25, 2024 |
Fire Truck Market worth $9.6 billion by 2030According to a research report "Fire Truck Market by type (Pumper, Aerial, Tender, ARFF, & Hazmat), Application (Commercial & Residential, Military, Airport & Industrial), Propulsion (ICE & EV), Capacity (<500, 501-1000, 1001-2000, >2000 Gallons) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030, at a CAGR of 2.7%. ...... Read More |
July 25, 2024 |
Electric Bus Market worth $37.5 billion by 2030According to a research report "Electric Bus Market by Propulsion (BEV, FCEV), Battery (LFP, NMC, NCA), Length (<9, 9-14, >14m), Application (City, Coach, Midi, School), Seating/Battery Capacity, Range, Power Output, Autonomy Level, Component, Consumer Region - Global Forecast to 2030" published by MarketsandMarkets, the global electric bus market is estimated to grow from USD 17.0 billion in 2024 to USD 37.5 billion by 2030 with a CAGR of 14.2% over the forecast period. ...... Read More |
July 25, 2024 |
Laser Interferometer Industry worth $447 million by 2029The report "Laser Interferometer Market by Technique (Homodyne, Heterodyne), Type (Michelson, Fabry-Pérot, Fizeau, Mach-Zhender, Sagnac, Twyman-Green), Component (Laser Source, Photodetector, Optical Elements, Control System, Software) – Global Forecast to 2029" The laser interferometer market is expected to be valued at USD 315 million in 2024 and is projected to reach USD 447 million by 2029; growing at a CAGR of 7.2% during the forecast period. Advancements in semiconductor and electronics industries and technological advancements in laser interferometry are key factors driving the expansion of the laser interferometer market. Restraints such as the availability of alternate measurement technologies and the requirement of skilled personnel hinder market growth. However, factors such as expansion in emerging markets with industrialization and integration with industry 4.0 will provide lucrative opportunities for market players in the coming years. ...... Read More |
July 24, 2024 |
Functional Endoscopic Sinus Surgery Market worth $1.7 billion by 2029The report "Functional Endoscopic Sinus Surgery Market by Product (Endoscopes (Sinuscopes, Rhinoscopes), Surgical Instruments, Navigation Systems), Procedure (Maxillary, Ethmoid), Indication (Chronic Sinusitis, Nasal Polyposis), Patient type - Global Forecast to 2029", is projected to reach USD 1.7 billion by 2029 from USD 1.2 billion in 2024, at a CAGR of 7.6% during the forecast period. The growth of this market is majorly driven by rise in initiatives and investments by the government, growth in demand for MIS, establishment of new facilities by hospitals which will give rise to a greater number of sinus surgery, increasing cases of allergic rhinitis which will give rise to chronic sinusitis, and growing demand of patients for FESS. ...... Read More |
July 24, 2024 |
VCSEL Industry worth $1.9 billion by 2029The report "VCSEL Market by Type (Single-mode, Multimode), Material (Gallium Arsenide, Indium Phosphide), Data Rate (Up to 10 Gbps, 10.1 to 25 Gbps, Above 25 Gbps), Wavelength (Red, Near-Infrared (NIR), Shortwave Infrared (SWIR)) & Region – Global Forecast to 2029" The VCSEL market is projected to grow from USD 1.3 billion in 2024 and is estimated to reach USD 1.9 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.1% from 2024 to 2029. ...... Read More |
July 23, 2024 |
Molecular Diagnostics Industry Worth $32.7 billion by 2029, with a CAGR of 13.5%The report "Molecular Diagnostics Market by Product & Services (Kits, Instruments, Software), Test Type (Lab, PoC), Sample (Blood, Urine), Technology (PCR, NGS, ISH, INAAT), Application (Infectious (Hepatitis, HIV, HAI, TB, HPV), Oncology) - Global Forecast to 2029", is valued at an estimated USD 17.3 billion in 2024 and is projected to reach USD 32.7 billion by 2029 at a CAGR of 13.5% during the forecast period. ...... Read More |
July 23, 2024 |
Sleep Apnea Devices Industry worth $9.3 billion by 2029, with a CAGR of 7.3%The report "Sleep Apnea Devices Market by products (Therapeutic (PAP (CPAP, APAP, BPAP)), Facial Interfaces, Oral Appliances, Accessories), Diagnostic Devices (PSG, Home Sleep Testing, Oximeters), Age Group, Gender type, End User & Region - Global Forecasts to 2029", is valued at an estimated USD 6.5 billion in 2024 and is projected to reach USD 9.3 billion by 2029 at a CAGR of 7.3% during the forecast period. ...... Read More |
July 23, 2024 |
Aerogel Market worth $1.6 billion by 2029The report "Aerogel Market by Type (Silica, Polymer, Carbon), Form (Blanket, Panel, Particle, and Monolith), Processing (As Manufactured, Composites), Application (Energy Industrial, Transportation, Architecture & Construction), and Region - Global Forecast to 2029 ", size was USD 0.9 billion in 2024 and is projected to reach USD 1.6 billion by 2029, at a CAGR of 12.8%, between 2024 and 2029. ...... Read More |
July 23, 2024 |
Stone Flooring Market worth $19.9 billion by 2029The report "Stone Flooring Market by Type (Granite, Limestone, Marble), Application (Residential, and Non-Residential), & Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Global Forecast to 2029", size is projected to grow from USD 14.7 billion in 2024 to USD 19.9 billion by 2029, at a CAGR of 6.3% during the forecast period. ...... Read More |
July 22, 2024 |
Green Methanol Market worth $11.1 billion by 2030The report "Green Methanol Market by Feedstock (Biomass, Green Hydrogen, CCS), Derivative(Formaldehyde, Dimethyl Ether & Methyl Tert-Butyl Ether, Gasoline, Methanol-to-Olefin, Solvents), Application (Chemical Feedstock, Fuel), and Region - Global Forecasts to 2030", is anticipated to expand from USD 1.9 billion in 2024 to USD 11.1 billion by 2030, registering a CAGR of 33.8% from 2024 to 2030. ...... Read More |
July 19, 2024 |
Building Twin Industry worth $13.3 billion by 2029The report "Building Twin Market by Offering (Software Solutions, Services), Application (Facility Management, Predictive Maintenance, Safety & Security Management, Energy Management), End User (Commercial, Industrial) and Region - Global Forecast to 2029" The global building twin market size is projected to grow from USD 2.1 billion in 2024 to USD 13.3 billion by 2029 at a CAGR of 44.7% during the forecast period. The key factors fueling the growth of this market include the growing focus on cost reduction and reducing environmental impact; government policies focused on improving digital infrastructure and promoting smart technologies. ...... Read More |
July 19, 2024 |
Intelligent Transportation System Industry worth $70.7 billion in 2029The report "Intelligent Transportation System Market by Offerings (Interface Board, Sensor, Camera, Monitoring & Detection), Mode (Roadways, Railways, Airways, Maritime) System (Advanced Traffic Management, ITS-enabled Transportation) - Global Forecast to 2029" The global intelligent transportation system market is expected to reach USD 70.7 billion in 2029 from USD 50.7 billion in 2024, at a CAGR of 6.9% during the forecast period. The market's growth is propelled by growing demand from emerging economies, growing public-private partnerships, and growing demand for mobility services. However, the high upfront costs of implementation restrain the market's growth. ...... Read More |
July 19, 2024 |
Tetraacetylethylenediamine (TAED) Market worth $1,070 million by 2029The report "Tetraacetylethylenediamine (TAED) Market by Application (Detergents, Bleaching Agents, Cleaning Agents, Surfactant), End-use Industry (Textile, Consumer Goods & Cleaning Care, Paper & Pulp), Form, Grade, Distribution Channel, and Region - Global Forecast to 2029", size is projected to grow from USD 881 million in 2024 to USD 1,070 million by 2029, registering a CAGR of 4.0% during the forecast period. The growth of the TAED market is fueled by its ability to enhance bleaching performance, its compatibility with modern laundry practices and formulations, its environmental advantages, evolving consumer preferences, and regulatory considerations within the detergent and cleaning product industries. ...... Read More |
July 18, 2024 |
Battery Testing, Inspection, and Certification Industry worth $36.7 billion by 2029The report "Battery Testing, Inspection, and Certification Market by Battery Type (Lithium-ion, Lead-acid), Standard and Certification Type (Safety Testing, EMC Testing), Application (Electric Vehicles, Consumer Electronics) and Region - Global Forecast to 2029" Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are some of the major factors contributing to the growth of battery testing, inspection, and certification market. Moreover, opportunities such as rising investment in clean energy initiatives, increasing automation of testing and inspection processes using digital technologies, and growing need for rigorous testing in electric aircraft and medical devices to drive the demand of battery testing, inspection, and certification and drive the market growth. ...... Read More |
July 18, 2024 |
Industrial Metaverse Industry worth $228.6 billion by 2029The report "Industrial Metaverse Market by Technology (Digital Twin, Augmented Reality, Virtual Reality, Artificial Intelligence, Edge Computing, Private 5G, Blockchain), End User (Automotive, Aerospace, Electronics, Healthcare) and Region - Global Forecast to 2029" The global industrial metaverse market is projected to reach USD 228.6 billion by 2029 from USD 28.7 billion in 2024; it is expected to grow at a CAGR of 51.5%. Key factors propelling the market growth include the rising adoption of digital twins, Advancement in core technologies such as AR, VR, AI, and IoT, rising demand for efficiency and optimization in industrial sector,and addressing skill gaps and workforce challenges through industrial metaverse. Moreover, continuous developments in 5G/6G, and integration of blockchain technology within industrial metaverse are expected to create significant opportunities for the industrial metaverse market. ...... Read More |
July 18, 2024 |
Climate Adaptation Market worth $40.4 billion by 2030According to a research report "Climate Adaptation Market by Solution (Nature-, Technology-based, Enhanced Natural Process, Early Climate Warning & Environmental Monitoring), End User (Government Agencies, Academia & Research Institutions, Industries), Region - Global Forecast to 2030" published by MarketsandMarkets, the global Climate adaptation market is projected to reach USD 40.4 billion by 2030, showing a growth from the estimated USD 23.2 billion in 2024, with a compound annual growth rate (CAGR) of 9.7% from 2024 to 2030. The climate adaptation market is experiencing robust growth due to several new drivers. Firstly, advancements in climate modeling and data analytics are enabling more precise predictions of climate impacts, encouraging investment in adaptation technologies. Secondly, the increasing integration of Internet of Things (IoT) and artificial intelligence (AI) in climate monitoring systems enhances real-time data collection and response capabilities. Thirdly, corporate social responsibility (CSR) initiatives are pushing companies to adopt sustainable practices, including climate adaptation strategies, to improve their public image and meet stakeholder expectations. Additionally, there is a growing recognition of the economic benefits of proactive adaptation measures, such as reduced damage costs and enhanced operational efficiency, which is spurring further investment. ...... Read More |
July 18, 2024 |
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