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Sodium Hydroxide Market worth $55.6 billion by 2029

The report "Sodium Hydroxide Market by Grade (Solid, 50% Aqueous Solution), Production Process, Application (Biodiesel, Alumina, Inorganic Chemicals, Organic Chemicals, Food, Pulp & Paper, Soap & Detergent, Textiles, Water Treatment), Region - Global Forecast to 2029", size is projected to grow from USD  44.9 billion in 2024 and is projected to reach USD  55.6 billion by 2029, at a CAGR of 4.4%. The sodium hydroxide market is poised for substantial expansion due to the rising utilization and demand for alumina. Alumina is a key element derived from sodium hydroxide, finds widespread application in the construction sector, primarily due to its remarkable characteristics, including its exceptional durability, lightweight nature, and cost-efficient attributes. As the construction industry continues to seek materials that offer superior performance while maintaining economic viability, the demand for alumina is projected to increase, consequently driving growth in the sodium hydroxide market.

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July 9, 2024

Command and Control Systems Industry worth $44.7 billion by 2029

The report "Command and Control Systems Market by Platform (Land, Maritime, Airborne, Space and Cyber), Application (Military, Government and Civil & Commercial), Soutions (Hardware, Software and Services), System, Installation & Region - Global Forecast to 2029" The command and control systems market is projected to reach USD 44.7 billion by 2029, from USD 32.5 billion in 2024, at a CAGR of 6.6% during the forecast period. The market growth can be attributed to rising need for situational awareness to support decision-making. The command and control systems industry includes major players L3Harris Technologies, Inc. (US), Thales (France), RTX Corporation (US), General Dynamics Corporation (US) and Lockheed Martin Corporation (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Middle East.

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July 9, 2024

Data Center Accelerator Industry worth $372.9 billion by 2029

The report "Data Center Accelerator Market by Processor (GPU, CPU, ASIC, FPGA), Type (Cloud Data Center, HPC Data Center), Application (Deep Learning Training, Enterprise Inference), End-user (IT & Telecom, Healthcare, Energy) and Region - Global Forecast to 2029" The global data center accelerator market was valued at USD 109.9 billion in 2024 and is projected to reach USD 372.9 billion by 2029; it is expected to register a CAGR of 27.7% during the forecast period. Growing demand for cloud-based services, rising focus on parallel computing in AI data centers, and surging adoption of deep learning technology in big data analytics are attributed to the demand of data center accelerators.

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July 9, 2024

Ethylene Carbonate Market worth $1.5 billion by 2029

The report "Ethylene Carbonate Market by Application (Lubricants, Lithium Battery Electrolyte, Plasticizers, Surface Coatings), End-Use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene), and Region - Global Forecast to 2029", size is expected to grow from USD 0.8 billion in 2024 to USD 1.5 billion by 2029, at a CAGR of 14.4%, during the forecast period. Key drivers of the ethylene carbonate industry are rising demand across the Asia Pacific region and expanding usage in diverse applications such as lithium battery electrolytes, lubricants, coatings, and plasticizers.

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July 8, 2024

Future of SUV Market worth 53 million units by 2030

According to a research report "Future Of SUV Market by Type (Sub-Compact, Compact, Mid-size, Full-size and MPV), Propulsion (Internal Combustion Engine, Hybrid and Electric Vehicles) and Region (North America,Europe and Asia-Pacific) - Global Forecast 2030" published by MarketsandMarkets, the SUV market is projected to reach 53 million units by 2030 from 41 million units in 2024, at a CAGR of 4.4%.

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July 8, 2024

Cloud FinOps Industry worth $23.3 billion by 2029

According to a research report "Cloud FinOps Market by Application (Cost Management & Optimization, Budgeting & Forecasting, Cost Allocation & Chargeback, Reporting & Analytics, Workload Management & Optimization), Service Model (IaaS, PaaS, SaaS) - Global Forecast to 2029" published by MarketsandMarkets, the global cloud FinOps market will grow from USD 13.5 billion in 2024 to USD 23.3 billion by 2029 at a compounded annual growth rate (CAGR) of 11.4% during the forecast period. Cloud FinOps solutions are critical for small industries to deal with the overall and optimal management of expenses within the cloud environment. The cost of the cloud is perhaps one of the most critical ways small businesses can control their expenditure as it goes straight to their profit and loss account. Cloud FinOps tools enable customers to monitor usage and understand trends, find and prevent waste, and receive recommendations for improvements unique to their business. This allows small businesses to deploy resources wisely, develop facilities that meet the demands, and avert situations where the company is charged more than it can afford.

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July 8, 2024

Robotic Platform Industry worth $13.0 billion by 2029

The report "Robotic Platform Market by Robot (Industrial Robot, Service Robot), Deployment (On-premises, On-Cloud), Type (Mobile, Stationary/Fixed), End-user Industry (Manufacturing, Residential, Logistic & Transportation) and Region - Global Forecast to 2029" The Robotic platform market is projected to grow from USD 9.8 billion in 2024 and is estimated to reach USD 13.0 billion by 2029; it is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.9% from 2024 to 2030. The growth of the Robotic platform market is driven by increasing government investments in Robotics Research & Development, Accelerated adoption of robotic software by SMEs to minimize labor and energy expenses, Increasing adoption of cloud-based robotic software solutions, Adoption of service robots in medical applications; Adoption of Autonomous Mobile Robots (AMRs) in warehouse and logistics sectors.

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July 5, 2024

Embedded Finance Industry worth $251.5 billion by 2029

According to a research report "Embedded Finance Market Size, Share, Growth Analysis, By Type (embedded payments, embedded lending, embedded insurance, embedded wealth management), Business Model, Industry (retail & eCommerce, healthcare) - Global Forecast to 2029" published by MarketsandMarkets, the embedded finance market is expected to reach USD 251.5 billion by 2029 from USD 115.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period.

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July 5, 2024

Drone Package Delivery Industry worth $4,666 million by 2030

The report "Drone Package Delivery Industry by Solution (Platform, Infrastructure, Software, Service), Type, Range (Short (<25 km), Medium (25–50 km), Long (>50 km)), Package Size, Duration, End Use, Operation Mode - Global Forecast to 2030" The market is valued at USD 693 million in 2024 and is projected to reach USD 4,666 million by 2030, at a CAGR of 37.4% from 2024 to 2030. The drone package delivery industry is driven by the growing need for quick, instant, same day delivery, and emergency supplies. The drones offer a cost-effective delivery solution as compared to traditional ground-based delivery methods, especially for last-mile deliveries. The UAV-based delivery reduces the need for large delivery vehicles, which in turn lowers traffic congestion and decreases greenhouse gas emissions. Furthermore, the enhancements in regulatory frameworks to support drone packge delivery by focusing on reducing carbon emissions are also driving the market growth.

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July 5, 2024

Contrast Media Injectors Market worth $2.3 billion by 2029

The report "Contrast Media Injectors Market by Product (System (CT, MRI, Angiography, Mammo), Consumable, Accessories), Type (Single & Dual-head, Syringeless), Application (General Imaging, Interventional), End user (Hospital, Clinic), & Region - Global Forecast to 2029", is estimated to reach USD 2.3 billion by 2029, up from USD 1.6 billion in 2024, at a CAGR of 8.0% from 2024 to 2029. Growing adoption and awareness of contrast-enhanced CT and MRI procedures, rising incidence of cancer & cardiovascular diseases, and the availability of automated solutions the are the major indicators contributing to the market's growth.

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July 5, 2024

Cooling Tower Market worth $3.9 billion by 2029

The report "Cooling Tower Market by Type (Evaporative, Dry, Hybrid), Design (Natural, Mechanical), Construction Material (Concrete, Steel, FRP, Wood), Flow Type, Technology, Application (Power Generation, HVACR, Food & Beverage), & Region - Global Forecast to 2029", size is projected to grow from USD 3.0 billion in 2024 to USD 3.9 billion by 2029, registering a CAGR of 5.3% during the forecast period.

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July 5, 2024

Hot-Melt Adhesives Market worth $10.9 billion by 2029

The report "Hot-Melt Adhesives Market by Resin Type (EVA, SBC, MPO, APAO, Polyolefins), Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding), and Region - Global Forecast to 2029", size was USD 9.5 billion in 2024 and is projected to reach USD 10.9 billion by 2029, at a CAGR of 2.8% between 2024 and 2029. The main factors driving the hot-melt adhesives market are its diverse applications, the potential to substitute other adhesives, and high demand in emerging markets.

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July 4, 2024

Exhaust System Market worth $40.6 billion by 2030

According to a research report "Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (LCV, Trucks, Buses, Tractor, Construction & Mining Equipment), Aftermarket, Component, Application, Fuel Type, Sales Channel and Region - Global Forecast to 2030" published by MarketsandMarkets, the global exhaust system market is projected to grow at a CAGR of 3.6% during the forecast period, from an estimated USD 32.9 billion in 2024 to USD 40.6 billion by 2030.

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July 4, 2024

People Counting System Industry worth $2.1 billion by 2029

The report "People Counting System Market by Type (Unidirectional, Bidirectional), Technology (Infrared Beam, Thermal Imaging, Video-Based), Offering (Hardware, Software), End-use Application & Region( North America, Europe, APAC, ROW) - Global Forecast to 2029" The people counting system market is projected to grow from USD 1.2 billion in 2024 and is expected to reach USD 2.1 billion by 2029, growing at a CAGR of 11.6 % from 2024 to 2029. Increasing adoption of people counting systems in smart cities for traffic management and infrastructure planning, is driving the market for people counting systems. Smart cities increasingly use people counting systems to track pedestrian flow and traffic patterns. Hence, this data aids in improvement of traffic management, public transportation routes are optimized, and planning for future infrastructure projects are established.

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July 4, 2024

Deepfake AI Industry worth $5,134 million by 2030

According to a research report "Deepfake AI Market by Offering (Deepfake Detection & Authentication, Deepfake Generation, Content Moderation), Technology (Generative Adversarial Networks, NLP, Autoencoders, Diffusion Models, Transformers) - Global Forecast to 2030" published by MarketsandMarkets, the market for Deepfake AI (AI) is anticipated to experience substantial expansion, ascending from a value of USD 564 million in 2024 to a substantial worth of USD 5,134 million by the year 2030. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 44.5% over the forecast period. This dramatic surge is being fueled by a number of causes. The primary growth driver is the rising concerns about the misuse of deepfake technology, which poses substantial dangers to digital identity and security, has fueled demand for enhanced detection and mitigation tools. Furthermore, fast advances in artificial intelligence (AI) capabilities, combined with widespread usage of digital media platforms, are driving innovation and broadening the application reach of deepfake technology across multiple industries. Furthermore, the rising interest in ethical uses of deepfakes for marketing and entertainment purposes is also fostering market expansion.

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July 4, 2024

Anti-Migrating Agent Market worth $224 million by 2029

The report "Anti-Migrating Agent Market by Type (Non-ionic, Anionic, Cationic, Amphoteric), Grades (Technical, Food, Pharmaceutical), Application, Chemistry (Organic, Inorganic), End-Use Industry (Textile, Plastics, Paper), and Region - Global Forecast to 2029", size is projected to reach USD 224 million by 2029 from USD 159 million in 2024, at a CAGR of 7.0% during the forecast period. The major drivers for the anti-migrating market are burgeoning demand in the textile industry, the rise in digital printing applications, and the increased focus on high-quality, durable products. The textile industry relies heavily on anti-migrating agents to ensure color fastness and prevent dye migration, which is critical for maintaining the quality and appeal of textiles. As textile markets expand globally, the need for effective anti-migrating agent continues to grow.

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July 3, 2024

Natural Language Understanding (NLU) Market worth $62.9 billion by 2029

According to a research report "Natural Language Understanding (NLU) Market by Type (Rule-Based, Statistical, Hybrid), Application (Customer Experience Management, Chatbots & Virtual Assistants, Text Analysis, Sentiment Analysis, Machine Translation) – Global Forecast to 2029" published by MarketsandMarkets, the market for natural language understanding (NLU) is estimated to grow from USD 19.2 billion in 2024 to USD 62.9 billion in 2029, at a CAGR of 26.8% during the forecast period. The growth of the natural language understanding market is driven by an increasing consumer demand for personalized and intuitive interactions, enhanced productivity, shorter call durations in contact centers, a rising need for impactful brand messaging, and the rapid expansion of unstructured text data.

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July 3, 2024

Medical Electronics Industry worth $15.7 billion by 2029

The report "Medical Electronics Market by Component (Sensors, Batteries, MPUs, Displays, Memory Chips), Equipment (Diagnostic and imaging, Patient Monitoring, Medical implantable, Ventilators & RGM, Medical Robots) Device Classification - Global Forecast to 2029" The global medical electronics industry is expected to be valued at USD 11.1 billion in 2024 and is projected to reach USD 15.7 billion by 2029; it is expected to grow at a CAGR of 7.2% from 2024 to 2029. Increasing demand for medical devices for patient monitoring and diagnostics is fuelling the growth of the medical electronics market.

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July 3, 2024

Specialty Enzymes Industry worth $9.2 billion by 2029

According to a research report "Specialty Enzymes Market by Source (Microorganism, Plant, Animal), Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Application (Pharmaceuticals, Diagnostics, Research & Biotechnology), Form & Region - Global Forecast to 2029" published by MarketsandMarkets, the global specialty enzymes market size is estimated to be valued at USD 6.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029, recording a CAGR of 8.5%. The biopharmaceutical industry's rapid expansion, fueled by innovations in biotechnology and personalized medicine, offers significant growth opportunities for the specialty enzymes market. Enzymes are crucial in various biopharmaceutical manufacturing stages, such as protein expression, purification, and modification. They play a vital role in developing biologics, including monoclonal antibodies, vaccines, and gene therapies. With an aging population and a rising incidence of chronic diseases, the demand for biopharmaceuticals is increasing, consequently driving the need for enzymes in biopharmaceutical production.

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July 3, 2024

Military Radar Industry worth $18.4 billion by 2029

The report "Military Radar Market by Platform, Product Type (Surveillance and Early Airborne Warning Radar, Tracking and Fire Control Radar, Multi Function Radar, Airborne Moving-Target Indication (MTI) Radar), Frequency Band, Dimension - Global Forecast to 2029" The market is valued at USD 14.1 billion in 2024 and is projected to reach USD 18.4 billion by 2029, at a CAGR of 5.4% from 2024 to 2029. The military radar market involves the design, manufacture, and implementation of radar systems tailored for defense and military use. These systems are employed by military forces and defense agencies to improve situational awareness, and capabilities in target detection, tracking, surveillance, and reconnaissance. A key driver of this market is the increasing need for advanced defense mechanisms amid rising global security threats, which necessitates continual upgrades to radar technologies to ensure robust national and international security.

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July 2, 2024

Next-Generation Data Storage Industry worth $90.0 billion by 2029

The report "Next-Generation Data Storage Market Size by Storage System (Direct-Attached, Network-Attached, Storage Area Network), Storage Medium (SSD, HDD, Tape), Storage Architecture (File-& Object-Based Storage, Block Storage) & Region – Global Forecast to 2029" The next-generation data storage industry is projected to grow from USD 65.1 billion in 2024 and is estimated to reach USD 90.0 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.7% from 2024 to 2029.

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July 2, 2024

3D Digital Asset Industry worth $51.8 billion by 2029

According to a research report "3D Digital Asset Market by Hardware (3D Scanners, Motion Capture Systems), Software (3D Modeling, 3D Scanning, 3D Rendering & Visualization, 3D Animation, Image Reconstruction), Application (Visualization, Gaming & Animation) - Global Forecast to 2029" published by MarketsandMarkets, the 3D Digital Assest Market  is expected to grow from USD 28.3 billion in 2024 to USD 51.8 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period. Advancements in AR and VR will boost the growth of the 3D Digital Asset market during the forecast period. The significant factor is the increasing utilization of 3D assets in gaming, film, and e-commerce, influenced by the demand fosr immersive and interactive experiences. The market is anticipated to experience further growth due to the rising investments in advanced 3D content creation technologies and tools, allowing for the creation of more complex and high-quality digital assets.

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July 2, 2024

Tie Layer Resin Market worth $1.8 billion in 2029

The report "Tie Layer Resin Market by Base Resins (LLDPE, LDPE, HDPE, PP, EVA), Type (Reactive, Non-Reactive), Application (Flexible, Rigid), End-use Industry (Food & Beverage, Pharmaceutical & Medical, Automotive), and Region - Global Forecast to 2029", size is projected to grow from USD 1.6 billion in 2024 to USD 1.8 billion in 2029, at a CAGR of 3.6%. The medical sector is showing significant potential demand for tie layer resins due to several critical factors. The need for high-performance medical packaging is paramount to ensure the safety, sterility, and longevity of medical products. Tie layer resins play a crucial role in multi-layer packaging by providing strong adhesion between different materials, enhancing the barrier properties against contaminants, moisture, and oxygen. This is particularly important for medical devices, pharmaceuticals, and sterile supplies. Additionally, the medical sector is increasingly adopting advanced polymer-based products, such as catheter tubing and flexible medical films, which require reliable bonding solutions that tie layer resins offer. The growing demand for minimally invasive medical procedures also drives the need for complex multi-layer structures, where tie layer resins ensure the mechanical integrity and performance of medical components.

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July 2, 2024

Protein Alternatives Market worth $25.2 billion by 2029

According to a research report "Protein Alternatives Market by Source (Plant Protein, Microbial Protein, Insect Protein), Application (Food & Beverages, Animal Feed, Pet Food), Form, Nature, Production Process (Qualitative), & Region - Global Forecast to 2029" The protein alternatives market is estimated at USD 15.7 billion in 2024 and is projected to reach USD 25.2 billion by 2029, at a CAGR of 9.9% from 2024 to 2029. The alternative proteins market has witnessed remarkable growth in recent years, driven by a confluence of factors including rising consumer health consciousness, environmental concerns, and ethical considerations regarding animal welfare. These proteins, derived from plant-based sources, insects, algae present sustainable and efficient options compared to traditional animal-based proteins. The market expansion is bolstered by significant advancements in food technology, enabling the production of alternative proteins that closely mimic the taste, texture, and nutritional profile of conventional meat, thus broadening their appeal to a wider consumer base.

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July 1, 2024

Door Insulation Market worth $1.7 billion by 2029

The report "Door Insulation Market by Material Type (Traditional Insulation, Foam Insulation, Natural Insulation, Others), Insulation Type (Thermal, Acoustic, Others), End-use (Residential, Commercial, Industrial) and Region - Global Forecast to 2029", is USD 1.3 billion in 2024 and is projected to reach USD 1.7 billion by 2029, at a CAGR of 5.2%.

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July 1, 2024

Photoacoustic Imaging Industry Worth $105 million by 2029, with a CAGR of 5.5%

The report "Photoacoustic Imaging Market by Product (Imaging System, Transducer, Software, Accessories), Technology (Microscopy, Tomography), Type (Preclinical, Clinical), Application (Oncology, Neuro), End User (Hospitals, Academia) & Region Global Forecast to 2029", is projected to reach USD 105 million by 2029 from USD 80 million in 2024, at a CAGR of 5.5 % during the forecast period. The worldwide uptake of photoacoustic imaging systems is fueled by heightened investments from research organizations, stringent regulatory requirements for clinical trials, enhancements in imaging quality, and continuous technological advancements.

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July 1, 2024

DC Torque Tool Industry worth $4.4 billion by 2029

The report "DC Torque Tool Market by Handheld Tool (Nutrunners, Screwdrivers, Torque Wrenches, Impact Wrenches), Fixtured Tool, Power Source (Corded, Cordless), Control System (Transducer, Current), Industry and Region - Global Forecast to 2029" The DC Torque Tool Industry is expected to reach USD 4.4 billion by 2029 from USD 3.6 billion in 2024, at a CAGR of 3.7% during 2024–2029. The significant growth factor associated with the DC torque tool market is growing demand in the automotive industry, and a heavy emphasis on quality control in a variety of sectors. Technological developments in DC torque tool features, regulatory compliance, and the growth of manufacturing in emerging economies like China and India. Moreover, the demand for precision in consumer electronics, manufacturing, and maintenance operations, as well as the tools' customization, all help to drive market growth.

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July 1, 2024

BYOD and Enterprise Mobility Industry worth $133.9 billion by 2029

According to a research report "BYOD and Enterprise Mobility Market Size, Share, Growth Analysis, By Offerings (Solutions and Services), Verticals (BFSI, Manufacturing, Transportation & Logistics, Energy & Utilities, Travel & Hospitality), and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the global BYOD and Enterprise Mobility market size is projected to grow from USD 72.7 billion in 2024 to USD 133.9 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.0%. The market encompasses a spectrum of solutions such as including Mobile Device Management (MDM), Mobile Application Management (MAM), Identity Access Management (IAM), and others that are designed to facilitate the secure and efficient use of personal devices for work purposes. The market’s growth is driven by several factors, including advancements in enterprise mobility solutions that ensure seamless integration and management of diverse device types and operating systems. Further, the proliferation of smartphones and tablets and the rise of cloud computing and IoT (Internet of Things) accelerates the demand for robust enterprise mobility solutions. Businesses are increasingly leveraging these technologies to enable remote work capabilities, enhance employee productivity, and streamline operational workflows. Moreover, stringent data security standards and regulatory compliance requirements, such as GDPR and HIPAA, drive the adoption of secure BYOD policies and solutions across industries. As organizations prioritize agility and scalability in their IT strategies, the BYOD and enterprise mobility market emerges as a critical enabler of digital transformation and competitive advantage in today's interconnected business landscape.

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July 1, 2024

Well Intervention Market worth $11.3 billion by 2029

According to a research report "Well Intervention Market by Service (Logging and Bottomhole Survey, Tubing/Packer Failure and Repair, Stimulation), Intervention (Light, Medium, Heavy), Application (Onshore, Offshore) Well (Horizontal, Vertical) Region - Global Forecast to 2029" published by MarketsandMarkets, the Well Intervention market is expected to grow from an estimated USD 9.2 billion in 2024 to USD 11.3 billion by 2029, at a CAGR of 4.2% during the forecast period.

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June 28, 2024

Software Asset Management Industry worth $7.3 billion by 2029

According to a research report "Software Asset Management Market Size Share, Growth Analysis, by Solutions (License Management, Audit & Compliance Management, Software Discovery, Optimization, & Metering, Contract Management, Configuration Management) - Global Forecast to 2029" published by MarketsandMarkets, the software asset management market is expected to grow from USD 3.5 billion in 2024 to USD 7.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.0% during the forecast period. Software asset management solutions provide comprehensive tools for tracking, managing, and optimizing software assets throughout their lifecycle. To ensure efficient and accurate asset management, software asset management integrates various data sources and technologies, including real-time usage metrics, license compliance tools, contract management systems, and automation features. These solutions enable organizations to monitor software usage, identify cost-saving opportunities, ensure regulatory compliance, and enhance cybersecurity measures, ultimately supporting better decision-making and maximizing the value of their software investments.

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June 28, 2024

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