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Home › Press Releases
Press Releases
Title | Date |
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Cloud ITSM Industry worth $17.8 billion by 2029According to a research report "Cloud ITSM Market by Solution (Service Portfolio Management, Configuration & Change Management, Service Desk Software, Operations & Performance Management, Dashboard, Reporting & Analytics), Vertical (BFSI, IT & ITeS, Government) - Global Forecast to 2029" published by MarketsandMarkets, the Cloud ITSM market size is expected to grow from USD 9.5 billion in 2024 to USD 17.8 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. As the Internet of Things (IoT), 5G, and AI gain wider acceptance, numerous sectors are embracing this technology to harness real-time data for improved decision-making. While the influence of IoT and AI is widely acknowledged in fields like retail and healthcare, it is now significantly transforming industries requiring innovation, including manufacturing, transportation & logistics, energy & utilities, food and beverage, and waste management. In conjunction with IoT, Cloud ITSM offers organizations a resilient framework for instantaneously analyzing crucial data, ushering in a new era of efficiency and agility. ...... Read More |
May 28, 2024 |
Clean Label Ingredients Industry worth $69.3 billion by 2029According to a research report "Clean Label Ingredients Market by Ingredient Type (Natural Flavors, Natural Colors, Fruit & Vegetable Ingredients, Starch & Sweeteners, Flours, Malt), Application (Food, Beverages), Form (Dry, Liquid), Certification Type - Global Forecast to 2029" published by MarketsandMarkets, the global clean label ingredients market, estimated to be USD 50.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 69.3 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 6.7% during the forecast period. ...... Read More |
May 28, 2024 |
Medical Device Packaging Market worth $54.1 billion by 2029The report "Medical Device Packaging Market by Material (Plastics, Paper & Paperboard, Metal), Product Type (Bags & Pouches, Trays, Clamshell & Blister Packs, Boxes), Application (Sterile Packaging, Non-Sterile Packaging), & Region - Global Forecast to 2029", size is projected to grow from USD 39.9 billion in 2024 to USD 54.1 billion by 2029, at a CAGR of 6.3% during the forecast period. ...... Read More |
May 28, 2024 |
Zinc Battery Industry worth $2.0 billion by 2029The report "Zinc Battery Market by Battery Type (Zinc-air, Nickel-zinc, Zinc-ion, Zinc-bromine), Rechargeability (Primary & Secondary), Application (Medical, Utilities, Automotive & Transportation, Industrial, Consumer Devices) and Region - Global Forecast to 2029" The global Zinc battery industry is projected to reach USD 2.0 billion by 2029 from USD 1.0 billion in 2024; it is expected to grow at a CAGR of 13.6%. Key factors propelling the market growth include benefits over other battery technologies, abundance of zinc metal, and increasing investments globally in grid infrastructure. ...... Read More |
May 28, 2024 |
Battery Thermal Management System Market worth $8.5 Billion by 2030According to a research report "Battery Thermal Management System Market by Propulsion (BEV, PHEV, FCEV), Offering (BTMS With Battery, BTMS Without Battery), Technology (Active, Passive, Hybrid), Battery Type, Battery Capacity, Vehicle Type and Region - Forecast to 2030" published by MarketsandMarkets, the global BTMS market size is projected to grow from USD 3.7 Billion in 2024 to USD 8.5 Billion by 2030, at a CAGR of 14.7%. The increasing demand for electric vehicle and battery safety is expected to increase the demand for BTMS. Additionally, continuos innovation in BTMS components will boost the demand for BTMS. ...... Read More |
May 27, 2024 |
Pressure Sensitive Adhesives Market worth $16.0 billion by 2029The report "Pressure Sensitive Adhesives Market by Chemistry (Acrylic, Rubber, Silicone), Technology (Water-Based, Solvent-Based, Hot-Melt), Application (Tapes, Labels, Graphics), End-Use Industry (Packaging, Automotive), and Region - Global Forecast to 2029", size is projected to grow from USD 13.8 billion in 2024 to USD 16.0 billion by 2029, at a CAGR of 3.0%. ...... Read More |
May 27, 2024 |
Fingerprint Sensor Industry worth $5.9 billion by 2029According to a research report "Fingerprint Sensor Market Size, Share and Industry Growth Analysis by Technology (Capacitive, Optical, Thermal, Ultrasonic), Type (Area & Touch, Swipe), Sensor Technology, End-Use Application and Region - Global Forecast to 2029" The fingerprint sensor industry is projected to grow from USD 4.2 billion in 2024 and is expected to reach USD 5.9 billion by 2029, growing at a CAGR of 7.0% from 2024 to 2029. The rise in number of identity threats is one of the key factors leading to emergence of fingerprint technologies. Identity theft refers to the illegal acquisition of an individual's personal or financial details to perpetrate fraud, including unauthorized transactions. It occurs through various methods and inflicts harm on victims' credit, finances, and reputation. ...... Read More |
May 27, 2024 |
Preclinical Imaging Industry worth $5,101 million by 2029, with a CAGR of 5.0%The report "Preclinical Imaging Market by Product Type (Optical Imaging (Bioluminescance), PET, SPECT, MRI, Optical Imaging Reagents (Infrared Dyes), Software), Application (Oncology, Neurology), End User (Pharma, Imaging Centers) & Region - Global Forecast to 2029", is projected to reach USD 5,101 million by 2029 from USD 3,997 million in 2024, at a CAGR 5.0%. ...... Read More |
May 27, 2024 |
Cloud Analytics Industry worth $118.5 billion by 2029According to a research report "Cloud Analytics Market by Type (Cloud BI (Data Visualization, Data Integration), Enterprise Information Management, GRC, EPM, Advanced Analytics (Predictive, Prescriptive)), Data Processing (Real-Time Analytics, Batch Analytics) - Global Forecast to 2029" published by MarketsandMarkets, the market for cloud analytics is estimated to grow from USD 35.7 billion in 2024 to USD 118.5 billion in 2029, at a CAGR of 27.1% during the forecast period. Cloud analytics revolutionizes data storage and analysis by harnessing the power of the cloud. By storing and analyzing data in the cloud, businesses can extract actionable insights crucial for both SMEs and large enterprises. This approach facilitates identifying patterns, predicting future outcomes, and gaining valuable insights. Cloud analytics offers an opportunity to consolidate data and convert it into actionable intelligence while reducing procurement and maintenance costs. It involves utilizing both cloud-stored data and the rapid computing power of the cloud for faster analytics. However, with cloud infrastructure, organizations gain access to scalable, secure, and efficient data storage and processing solutions, enabling them to meet the demands of big data and drive innovation. ...... Read More |
May 27, 2024 |
Biopreservation Industry Worth $7.1 billion by 2029, with a CAGR of 9.8%The report "Biopreservation Market by Product (Media [Cryopreservation, Hypothermic]), Equipment (Freezers, Refrigerators, Incubators, Centrifuge, Accessories), Biospecimen (Tissues, Organs, Stem Cells), Application (Research, Therapeutic) - Global Forecast to 2029", is projected to reach USD 7.1 billion by 2029 from USD 4.4 billion in 2024, at a CAGR of 9.8% during the forecast period. The growth of this market is majorly driven by rise in initiatives and investments for life science research, growth in cell & gene therapy areas, and establishment of new facilities by hospitals which will give rise to more organ donations and preservation. ...... Read More |
May 24, 2024 |
A2P Messaging Industry worth $84.8 billion by 2029According to a research report "A2P Messaging Market by Application (Authentication Services, Promotional & Marketing Services, Customer Relationship Management Services, Pushed Content Services, Interactive Messaging Services, Notification & Alerts) - Global Forecast to 2029 published by MarketsandMarkets, the A2P messaging market size is projected to grow from from USD 73.1 billion in 2024 to USD 84.8 billion by 2029, at a CAGR of 3.0% during the forecast period. The need for secure and reliable communication for transactional purposes, such as banking alerts, two-factor authentication, and delivery notifications, is driving the demand for A2P messaging. ...... Read More |
May 24, 2024 |
IoT Node and Gateway Industry worth $604.7 billion by 2029According to a research report "IoT Node and Gateway Market by Hardware (Processor, Connectivity IC, Sensor, Memory, Logic Devices), End-use Application (Consumer Electronics, Building Automation, Automotive & Transportation, Wearable Devices, Retail) and Region - Global Forecast to 2029" The IoT Node and Gateway market is projected to grow from USD 424.6 billion in 2024 and is estimated to reach USD 604.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.3% from 2024 to 2029. The growth of the IoT Node and Gateway market is driven by the Provision of increased IP address space through IPv6, Emergence of 5G technology, and Increasing need for data centers. ...... Read More |
May 24, 2024 |
Mycotoxin Testing Industry worth $2.3 billion by 2029According to a research report "Mycotoxin Testing Market Report by Type (Aflatoxins, Ochratoxin, Fumonisins, Zearalenone, Deoxynivalenol, Trichothecenes, Patulin), Technology (Chromatography- & Spectroscopy- Based, Immunoassay-Based), Sample, & Region - Global Forecast to 2029" published by MarketsandMarkets, the global mycotoxin testing market is estimated at USD 1.6 billion in 2024 and is projected to reach USD 2.3 billion by 2029, at a CAGR of 6.7% during the forecast period. The expansion of the agricultural sector, coupled with growing international trade in food and agricultural products, has increased the need for mycotoxin testing to comply with export regulations and maintain market access. The increasing awareness of food safety among consumers and regulatory bodies worldwide has prompted stringent regulations governing mycotoxin levels in food and feed products. Compliance with these regulations necessitates comprehensive testing protocols, thereby driving market demand. ...... Read More |
May 24, 2024 |
PFAS Filtration Market worth $2.8. billion by 2029The report "PFAS Filtration Market by Technology (Water Treatment Systems, Water Treatment Chemicals), Place of Treatment (In-Situ, Ex-Situ), Remediation Technology, Environmental Medium, Contaminant Type, and Region - Global Forecast to 2029", is projected to reach USD 2.8. billion by 2029, at a CAGR of 7.1% from USD 2.0 billion in 2024. ...... Read More |
May 24, 2024 |
Digital Signal Processor Industry worth $14.7 billion by 2029The report "Digital Signal Processor Market by Core (Single Core, Multi-Core), Configuration (Low-end, Mid-range, High-end), Type (General-purpose, Application-specific), Category, IC Design, Application, End-User Industry and Region - Global Forecast to 2029" The Digital Signal Processor industry is projected to grow from USD 10.1 billion in 2024 and is estimated to reach USD 14.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.8% from 2024 to 2029. The growth of the Digital Signal Processor industry is driven by surging adoption of Internet of Things (IoT) and connected devices; increasing trend of digital signal processing in automotive industry; improvements in 5G technology and development of advanced communication infrastructure; and rising demand for Voice over Internet Protocol (VoIP) and Internet Protocol (IP) video services. ...... Read More |
May 23, 2024 |
Cannabis Testing Market worth $4.0 billion by 2029The report "Cannabis Testing Market by Product (Chromatography (LC, GC), Spectroscopy, Consumables (Column, CRMS)), Software, Services (Potency, Microbial Analysis, Terpene Profiling, Heavy Metal Testing, Pesticide Screening), & End User - Global Forecast to 2029", is projected to reach USD 4.0 billion by 2029 from USD 1.8 billion in 2024, at a CAGR of 17.2% during the forecast period of 2024 to 2029. ...... Read More |
May 23, 2024 |
Synthetic Latex Polymers Market worth $53.2 billion by 2029The report "Synthetic Latex Polymers Market by Type (Styrene Acrylic, Acrylic, Styrene Butadiene, Vinyl Acetate Ethylene, Polyvinyl Acetate, Vinyl Acetate Copolymer), Application (Paints & Coatings, Adhesives & Sealants, Nonwovens), & Region - Global Forecast to 2029", is projected to reach USD 53.2 billion by 2029, at a CAGR of 5.5% from USD 40.6 billion in 2024. ...... Read More |
May 23, 2024 |
Automotive HUD Market worth $2.4 billion by 2030According to a research report "Automotive HUD Market by Technology (2D HUD, AR HUD, 3D HUD), HUD Type (Combiner, Windshield), Offering (Hardware, Software), Vehicle Class, Level of Autonomy, Vehicle Type, Propulsion Type, EV Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive HUD market size is projected to grow from USD 1.2 billion in 2024 to USD 2.4 billion by 2030, at a CAGR of 12.3%. Automotive HUD solutions are in great demand due to the growing emphasis on both vehicle and passenger safety, the steady rise of high-end car segments, particularly in emerging markets, and the growing demand for better in-vehicle experiences. ...... Read More |
May 23, 2024 |
Enterprise Content Management Industry worth $78.4 billion by 2029According to a research report "Enterprise Content Management Market by Offering (Solutions (Document Management, Case Management, Record Management, Imaging & Capturing)), Business Function (Sales & Marketing, Accounting & Legal, Procurement & SCM) - Global Forecast to 2029" published by MarketsandMarkets, the global enterprise content management market will grow from USD 47.6 billion in 2024 to USD 78.4 billion by 2029 at a compounded annual growth rate (CAGR) of 10.5% during the forecast period. The increasing volume of digital content drives the enterprise content management market, and organizations must manage it efficiently. With the rapid growth of data, organizations face challenges related to content creation, storage, retrieval, and security. ECM solutions help organizations streamline content management processes, improve collaboration, and ensure compliance with regulatory requirements. They enable organizations to access their content from anywhere, anytime, using any device, making them ideal for remote work environments and distributed teams. Additionally, ECM solutions eliminate the need for organizations to invest in expensive hardware and infrastructure, making them an attractive option for small and medium-sized businesses. ...... Read More |
May 23, 2024 |
Micro Mobile Data Center Industry worth $9.6 billion by 2029According to a research report "Micro Mobile Data Center Market by Solution (IT, Power, Cooling Modules), Rack Unit (Up to 20 RU, 21 RU to 40 RU, above 40 RU), Form Factor (Containerized, Rack-mounted, Wall-mounted Micro Data Centers), Type (Indoor, Outdoor) - Global Forecast to 2029" published by MarketsandMarkets, the micro mobile data center market is expected to grow from USD 5.2 billion in 2024 to USD 9.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period. Micro Mobile Data Centers (MMDCs) are compact, portable solutions that provide essential computing, storage, and networking capabilities in diverse environments. They offer flexibility and scalability, catering to the increasing demand for edge computing and IoT applications. With their modular design and mobility, MMDCs are well-suited for rapid deployment in remote locations or temporary setups, making them integral components of modern IT infrastructure. ...... Read More |
May 22, 2024 |
Structural Adhesives Market worth $17.7 billion by 2029The report "Structural Adhesives Market by Technology (Solvent-based, Water-based), Resin (Epoxy, Polyurethane, Acrylic, MMA, Cyanoacrylate), Application (Building & Construction, Automotive, Wind Energy, Aerospace), & Region - Global Forecast to 2029", size was USD 13.5 billion in 2024 and is projected to reach USD 17.7 billion by 2029, at a CAGR of 5.5% between 2024 and 2029. The major driver of the structural adhesives market is the increasing demand for lightweight, energy-efficient, and high-performance vehicles. ...... Read More |
May 22, 2024 |
Video Streaming Software Industry worth $29.7 billion by 2029According to a research report "Video Streaming Software Market by Solutions (Video Analytics, Transcoding & Encoding), Streaming Type (Live Streaming, Video On-Demand Streaming), Mobile Devices, Monetization Model (Subscription-Based, Advertising-Based) - Global Forecast to 2029" published by MarketsandMarkets, the Video Streaming Software Market is expected to grow from USD 13.3 billion in 2024 to USD 29.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period. Increasing penetration of mobile devices and internet users will boost the growth of the video streaming market during the forecast period. ...... Read More |
May 22, 2024 |
Industrial Vending Machine Industry worth $2.5 billion by 2029The report "Industrial Vending Machine Market by Type (Vertical Lift, Coil, Carousel, Scale, Locker, Drawer), Product Type (PPE, Hand Tools, Power Tools, Industrial Supplies, Fastening, General Supplies), Offering, Industry and Region - Global Forecast to 2029" The global industrial vending machine market size is expected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 10.1% from 2024 to 2029. Industrial vending machines reduce the consumption of supplies by enforcing accountability on a job. By tracking the usage patterns, employees can get information about the tools and supplies they use daily. Industrial vending gives the ability to place usage limits, as well as prevents unauthorized use and hoarding of tools. ...... Read More |
May 22, 2024 |
Edge AI Hardware Industry worth $54.7 billion by 2029The report "Edge AI Hardware Market by Device, Processor (CPU, GPU, and ASIC), Function (Training, Inference), Power Consumption (Less than 1 W, 1-3 W, 3-5 W, 5-10 W, and more than 10 W), Vertical and Geography - Global Forecast to 2029" The edge AI Hardware industry is projected to grow from USD 24.2 billion in 2024 and is expected to reach USD 54.7 billion by 2029, growing at a CAGR of 17.7% from 2024 to 2029. The trend towards reducing data load on cloud infrastructureto drive the demand. Edge AI hardware enables data processing, analytics, and AI inference to be performed closer to the data source (i.e., at the edge of the network), reducing the amount of data that needs to be transmitted to centralized cloud servers. This paradigm shift minimizes the data load on cloud infrastructure. ...... Read More |
May 21, 2024 |
Environmental Monitoring Market worth $18.6 billion by 2029The report "Environmental Monitoring Market by Product Type (Sensors, Indoor Monitors, Outdoor Monitors), Sampling Method (Continuous, Active, Passive, Intermittent), Component, Application, End-User, and Region - Global Forecast to 2029", size is expected to grow from an estimated USD 18.6 billion in 2029 to USD 14.7 billion by 2024, at a CAGR of 4.9%. Factors such the increasing public awareness about the health implications of environmental pollution, growing government emphasis on compliance to pollution monitoring standards, and rising levels of PM2.5 in the air are high growth prospects for the environmental monitoring market during the forecast period. ...... Read More |
May 21, 2024 |
Carotenoids Industry worth $3.4 billion by 2029According to a research report "Carotenoids Market by Type (Astaxanthin, Beta-Carotene, Lutein, Lycopene, Canthaxanthin, Zeaxanthin), Formulations (Oil Suspension, Powder, Beadlet, and Emulsion), Source (Natural And Synthetic), Application and Region - Global Forecast to 2029" published by MarketsandMarkets, the global market for carotenoids is estimated at USD 2.5 billion in 2024 and is projected to reach USD 3.4 billion by 2029, at a CAGR of 6.3% during the forecast period. The carotenoids market is experiencing significant growth due to several key factors driving demand. Firstly, there is a growing awareness and preference among consumers for natural and clean label products, particularly in the food, beverage, and cosmetics industries. Carotenoids, being natural pigments found in fruits, vegetables, and algae, are increasingly sought after as natural colorants and antioxidants, contributing to the market's expansion. Moreover, with rising health concerns and an increasing emphasis on preventive healthcare, the nutritional benefits of carotenoids, such as their role in supporting eye health and boosting the immune system, have garnered significant attention. Additionally, advancements in extraction and encapsulation technologies have enhanced the availability and efficacy of carotenoids in various applications, further fueling market growth. Furthermore, the expanding use of carotenoids in animal feed to improve animal health and enhance the color of poultry and fish products has contributed to the market's expansion. ...... Read More |
May 21, 2024 |
Pressure Sensor Industry worth $17.0 billion by 2029The report "Pressure Sensor Market by Connectivity (Wired, Wireless), Sensing Method (Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical), Sensor Type (Absolute, Gauge, Differential, Sealed, Vacuum), Pressure Range - Global Forecast to 2029" The global pressure sensor market is expected to be valued at USD 12.4 billion in 2024 and is projected to reach USD 17.0 billion by 2029; it is expected to grow at a CAGR of 6.5% from 2024 to 2029. An increasing demand for IoT-enabled devices and innovative technologies drives the pressure sensor market. ...... Read More |
May 21, 2024 |
Phase Change Materials Market worth $1,383 million by 2029The report "Phase Change Materials Market by Type (Organic, Inorganic, Eutectic), Application (Building & Construction, HVAC, Cold Chain & Packaging, Electronics), and Region - Global Forecast to 2029", size was USD 628 million in 2024 to USD 1,383 million by 2029, at a CAGR of 17.1% from 2024 to 2029. ...... Read More |
May 20, 2024 |
Smart Learning Industry worth $155.2 billion by 2029According to a research report "Smart Learning Market by Offering (Hardware, Solutions (Integrated Solutions and Standalone Solutions), and Services), Learning Type (Synchronous Learning and Asynchronous Learning), End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the smart learning market is expected to reach USD 155.2 billion by 2029 from USD 67.1 billion in 2024, at a CAGR of 18.3 % during 2024–2029. ...... Read More |
May 20, 2024 |
Electrosurgery Market worth $9.4 billion by 2029The report "Electrosurgery Market by Product (Instruments, Accessories, Generators, Smoke Evacuation Systems), Surgery (Cardiovascular, Orthopedic, Cosmetic, Oncology, Urology, Neurosurgery), End User (Hospitals, Ambulatory Surgical Centers) - Global Forecast to 2029", is projected to reach USD 9.4 billion by 2029 from USD 6.9 billion in 2024 at a CAGR of 6.4% during the forecast period. ...... Read More |
May 20, 2024 |
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