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Home › Press Releases
Press Releases
Title | Date |
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Digital Identity Solutions Market worth $133.19 billion by 2030According to a research report "Digital Identity Solutions Market by Hardware (RFID Reader & Encoder, Hardware-Based Tokens, Processor ID Cards), Solution type (Identity Verification, Authentication, Identity Lifecycle Management) - Global Forecast to 2030" published by MarketsandMarkets, the global Digital Identity Solutions market size is projected to grow from USD 42.12 billion in 2024 to USD 133.19 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 21.2% during the forecast period. ...... Read More |
October 30, 2024 |
NFC Industry worth $30.55 billion by 2029The report "NFC Market by Offering (NFC ICs, NFC Antennas, NFC Tags, NFC Readers), Operating Mode (Reader Emulation, Peer-to-Peer, Card Emulation), Use Cases (Payment and Transactions, Product Identification, Ticketing, Access Control) - Global Forecast to 2029" The global NFC industry will USD 30.55 billion by 2029 from USD 21.69 billion by 2024, at a CAGR of 7.1% during the forecast period. Rapid industrialization and urbanization prevail largely in the emerging economies of China and India, particularly through the development of smart cities. Gradual concentration in industrial development has increased demand for the infrastructure required in cities. This would eventually lead to the development of educational & healthcare institutions, public administration offices, shopping malls, stores, and warehouses. This, in turn, will boost the demand for advanced NFC solutions and smartcard, particularly in technologically advancing countries such as India, China, and Brazil. ...... Read More |
October 30, 2024 |
Sugar Substitutes Market worth $29.90 billion by 2029According to a research report "Sugar Substitutes Market by Type (HFCS, High-intensity Sweeteners, Low-Intensity Sweeteners), Manufacturing Technology (Precision Fermentation, Enzymatic Conversion, Chemical Synthesis), Application, Form, Source, Region - Global Forecast to 2029" published by MarketsandMarkets, the sugar substitutes market is estimated at USD 23.56 billion in 2024 and is projected to reach USD 29.90 billion by 2029, at a CAGR of 4.9% from 2024 to 2029. ...... Read More |
October 30, 2024 |
Biosimulation Market worth $9.18 billion by 2029The report "Biosimulation Market by Offering (Module, Integrated Platform), Application (Disease Modeling, PBPK, PKPD, Trial Simulation, Manufacturing & Supply chain: planning & forecasting), Indication (Cancer, CNS, CVS), End User, & Region - Global Forecast to 2029", is projected to reach USD 9.18 billion by 2029 from USD 4.24 billion in 2024, at a CAGR of 16.7% from 2024 to 2029. ...... Read More |
October 30, 2024 |
Wearable Technology Industry worth $152.82 billion by 2029The report "Wearable Technology Market by Product (Smart Watch, Fitness Tracker, AR/VR, Smart Clothing & Footwear, Earwear, Exoskeleton, Smart Glasses, Smart Ring, Smart Helmet), Operation (AI-Based, Conventional), Type (Active, Passive) - Global Forecast to 2029" The global wearable technology market is expected to be valued at USD 70.30 billion in 2024 and is projected to reach USD 152.82 billion by 2029; it is expected to grow at a CAGR of 16.8% from 2024 to 2029. Demand for wearables that integrate all computing requirements in one compact device will fuel the market growth. Adoption of wearables in multiple applications. Data-driven performance optimization in sports through real-time monitoring of athlete metrics is pushing the adoption of wearable technology. Growing integration of AR/VR and affordable designs is providing opportunities for wearable technology market growth. ...... Read More |
October 29, 2024 |
DDoS Protection & Mitigation Security Market worth $9.63 billion by 2029According to a research report "DDoS Protection & Mitigation Security Market by Solution Type (Network Traffic Analyzers, Threat Mitigation System, Botnet Detection & Management, Security Information & Event Management, Anomaly Detection, Orchestration & Automation) - Global Forecast to 2029" published by MarketsandMarkets,the DDoS protection & mitigation security market is projected to grow from USD 5.17 billion in 2024 to USD 9.63 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period. DDoS protection and mitigation security growth is driven by several factors, such as the increase and advancement in DDoS attacks, which have created awareness of cyber threats. While the increased use of IoT devices has widened the exposure point, the transition towards the cloud emphasizes achieving protection in scale. Also, cost factors increase consciousness of the legal obligations and defensive potential loss of financial and reputational results from cyber-attacks, forcing organizations to put sound security systems in place. The new generation of the telecommunication network, that is, the 5G network, and the emergence of multi-vector threats also fuel the need for better mitigation strategies. ...... Read More |
October 29, 2024 |
Cold Plasma Market worth $3.66 billion by 2029The report "Cold Plasma Market by Industry (Textile, Electronics & Semiconductors, Polymer & Plastic, Food & Agriculture, Medical, Cosmetic), Application (surface treatment & activation, wound Healing), Regime (Atmospheric, Low Pressure) - Global Forecast to 2029", is projected to reach USD 3.66 billion by 2029 from USD 2.17 billion in 2024, at a CAGR of 11.0% during the forecast period. ...... Read More |
October 29, 2024 |
Post-Consumer Recycled Plastics Market worth $106.97 billion by 2029The report "Post-Consumer Recycled Plastics Market by Source (Bottles, Non-bottle Rigid), Polymer Type, Processing Type (Mechanical, Chemical, Biological), End-use (Packaging, Building & Construction, Automotive, Electronics), and Region - Global Forecast to 2029", The post-consumer recycled plastics market size is projected to grow from USD 71.44 billion in 2024 to USD 106.97 billion by 2029, at a CAGR of 8.4%. ...... Read More |
October 29, 2024 |
Engines Market worth $477.89 billion by 2029According to a research report "Engines Market by Fuel type (Gasoline, Diesel, Natural Gas), Speed (Low, Medium, High , and Very High), Power Rating, End User, & Region - Global Trends & Forecast to 2029" published by MarketsandMarkets, the engines market is forecast to reach USD 477.89 billion by 2029 from an estimated USD 377.83 billion in 2024, at a CAGR of 4.8% during the forecast period (2024-2029). ...... Read More |
October 29, 2024 |
Surface Radars Industry worth $22.49 billion by 2029The report "Surface Radars Market by Platform (Critical Infrastructure, Vehicle-Mounted, Shipborne, Unmanned Surface Vehicles), Application (Surveillance, Air-Defense, Perimeter Security, Battlefield ISR), Frequency Band, Dimension - Global Forecast to 2029" The global surface radars market is projected to reach USD 22.49 billion by 2029, from USD 17.26 billion in 2024, at a CAGR of 5.4%. The volume of surface radars is projected to grow from 4690 (in Units) in 2024 to 6113 (in Units) by 2029. Due to the currently existing conflicts and security threats that cross borders, governments are fortifying their defense capabilities, but most significantly in air defense, maritime surveillance, and critical infrastructure protection. Advanced radar systems are mainly important features of modern military operations because of high precision detection and tracking capabilities and integration with command and control systems. ...... Read More |
October 28, 2024 |
AI in Finance Market worth $190.33 billion by 2030According to a research report "AI in Finance Market by Product (Algorithmic Trading, Virtual Assistants, Robo-Advisors, GRC, IDP, Underwriting Tools), Technology, Application (Fraud Detection, Risk Management, Trend Analysis, Financial Planning, Forecasting) - Global Forecast to 2030" published by MarketsandMarkets, the AI in Finance market is expected to reach USD 190.33 billion by 2030 from USD 38.36 billion in 2024, at a CAGR of 30.6% during 2024–2030. ...... Read More |
October 28, 2024 |
Al in Biotechnology Market worth $7.75 billion by 2029The report "Al in Biotechnology Market by Function (Drug Design & Optimisation, Biomarker, SAR; Clinical Trial Design, Data Assessment, RWE, Inventory, Supply chain, Logistics; Launch, Pricing, Patient Engagement, Adverse Events), & End User - Global Forecast to 2029", is projected to reach USD 7.75 billion by 2029 from USD 3.23 billion in 2024, at a high CAGR of 19.1% during the forecast period. ...... Read More |
October 28, 2024 |
FSO & VLC / Li-Fi Industry worth $7.39 billion by 2029The report "Free Space Optics (FSO) and Visible Light Communication (VLC)/ Li-Fi Market by FSO Component (Transmitters, Receivers, Modulators & Demodulators), VLC Component (LEDs, Photodetectors, Microcontrollers, Software) - Global Forecast to 2029" The FSO & VLC/Li-Fi market was valued at USD 2.78 billion in 2024 and is projected to reach USD 7.39 billion by 2029, growing at a CAGR of 21.6% from 2024 to 2029. The primary factor driving the growth of VLC/Li-Fi market is the faster and safer data transfer. Data transmission through VLC/Li-Fi is more secure and achieves high data rates compared to conventional wireless technologies such as Wi-Fi, Bluetooth, and Worldwide Interoperability for Microwave Access (WiMAX), which use radio waves for communication. Since light waves do not penetrate walls, they cannot be intercepted and misused. A networking speed of 100 Mbps can easily be obtained with the use of the VLC technology using LEDs. ...... Read More |
October 28, 2024 |
UV-Curable Resins Market worth $9.31 billion in 2029The report "UV-Curable Resins Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylated Oligoamines, Acrylate Oligomers), Application, Technology, End-use Industry and Region - Global Forecast to 2029", size is expected to reach USD 9.31 billion in 2029 from USD 6.48 billion in 2024, at a CAGR of 7.5% from 2024 to 2029. ...... Read More |
October 28, 2024 |
Biodegradable Plastics Market worth $30.05 billion by 2029The report "Biodegradable Plastics Market by Type (PLA, Starch Blends, PBAT, PHA, PBS,Cellulose Based), End-Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture), and Region- Global Forecast to 2029", biodegradable plastics market size is projected to grow from USD 9.64 billion in 2024 to USD 30.05 billion by 2029, registering a CAGR of 25.5% during the forecast period. ...... Read More |
October 25, 2024 |
Neuromorphic Computing Industry worth $1,325.2 million by 2030According to a research report "Neuromorphic Computing Market by Offering (Processor, Sensor, Memory, Software), Deployment (Edge, Cloud), Application (Image & Video Processing, Natural Language Processing (NLP), Sensor Fusion, Reinforcement Learning) - Global Forecast to 2030" The neuromorphic computing industry is expected to grow from USD 28.5 million in 2024 and is estimated to reach USD 1,325.2 million by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 89.7% from 2024 to 2030. Growth in the neuromorphic computing industry is driven through the integration of neuromorphic computing in automotive and space operations. In space, where bandwidth is limited and the communication delay might be considered large, onboard processing capabilities are crucial. The neuromorphic processor analyzes and filters data at the point of collection, reducing the need to transmit large datasets back to Earth. whereas, in automobile sector, neuromorphic processors can make autonomous driving systems more responsive by onboard real-time processing with minimal latency so that safety is ensured along with efficiency. ...... Read More |
October 25, 2024 |
Microencapsulation Market worth $24.07 billion by 2029According to a research report "Microencapsulation Market by Shell Material (Polymers, Gums & Resins, Lipids, Carbohydrates, Proteins), Technology, Core Material, Core Material Form, End-Use Industry, Functionality, and Region - Global Forecast to 2029" published by MarketsandMarkets, the microencapsulation market is estimated at USD 15.38 billion in 2024 and is projected to reach USD 24.07 billion by 2029, at a CAGR of 9.4% from 2024 to 2029. ...... Read More |
October 25, 2024 |
Electric Scooter Motor Market worth $1,201.2 million by 2030According to a research report "Electric Scooter Motor Market by Vehicle (E-Scooter/Moped, E-Motorcycle), Positioning (Hub and Mid-drive), Motor Power, Drive Type (Chain and Belt), Motor Type (PMSM and BLDC), Component & Region - Global Forecast to 2030" published by MarketsandMarkets, The global Electric Scooter Motor market is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%. ...... Read More |
October 25, 2024 |
AI Training Dataset Market worth $9.58 billion by 2029According to a research report "AI Training Dataset Market by Dataset Creation (Data Collection, Data Annotation, Synthetic Data Generation), Dataset Selling (Off-the-Shelf Datasets, Dataset Marketplaces), Data Modality (Text, Image, Video, Audio, Multimodal) - Global Forecast to 2029" published by MarketsandMarkets, the market for AI Training Dataset is slated to expand from USD 2.82 billion in 2024 to USD 9.58 billion by the year 2029 at a robust CAGR of 27.7% over the forecast period ...... Read More |
October 24, 2024 |
Level Sensor Industry worth $7.64 billion in 2029The report "Level Sensor Market by Type (Magnetostrictive, Vibratory Probe, Hydrostatic, Magnetic & Mechanical Float, Pneumatic, Guided Wave, Ultrasonic, Microwave, Optical, Capacitance Level Sensors), Sensor Type (Contact, Non-contact) - Global Forecast to 2029" The global level sensors industry size is projected to reach USD 7.64 billion in 2029 from USD 5.56 billion in 2024, with a CAGR of 6.5%. Level sensor market growth is mainly fueled by the increasing demand for accurate and reliable level measurements in several manufacturing-related industries, as well as oil and gas, chemicals, and food and beverages. In addition, the growing adoption of automation, and initiatives under Industry 4.0, accompanied by increased demand for improved process efficiency and safety, will further drive the demand for advanced-level sensing technologies. With the mounting focus on environmental monitoring and sustainability, industries are adopting advanced-level sensors for resource management and environmental compliance. ...... Read More |
October 24, 2024 |
Pharmaceutical Drying Equipment Market worth $8.18 billion by 2029The report "Pharmaceutical Drying Equipment Market by Type (Freeze, Spray, Vacuum, Fluidized Bed), Scale of Operation (Industrial-scale, Pilot-scale, Lab-scale), End User (Pharmaceutical Companies, CDMOs, Research Universities) - Global Forecast to 2029", is valued at an estimated USD 5.80 billion in 2024. The size is projected to reach USD 8.18 billion by 2029, at a CAGR of 7.1% ...... Read More |
October 24, 2024 |
Coating Additives Market worth $11.04 billion by 2029The report "Coating Additives Market by Type (Defoamer, Wetting & Dispersing Agents, Rheology Modifiers), Formulation (Water-borne, Solvent-borne), Application (Architectural, Industrial, Automotive & Transportation, Wood & Furniture), and Region - Global Forecast to 2029", size was USD 8.72 billion in 2024 and is projected to reach USD 11.04 billion by 2029, at a CAGR of 4.8%, between 2024 and 2029. ...... Read More |
October 23, 2024 |
Industrial Cybersecurity Industry worth $135.11 billion by 2029The report "Industrial Cybersecurity Market by Antivirus/Malware, Firewall, Data Loss Prevention (DLP), SCADA, Security Information and Event Management (SIEM), Identity and Access Management, and Distributed Denial of Service (DDoS) - Global Forecast to 2029" The global industrial cybersecurity market was estimated to be valued at USD 84.54 billion in 2024 and is projected to reach USD 135.11 billion by 2029; it is expected to register a CAGR of 9.8% during the forecast period. ...... Read More |
October 23, 2024 |
Rocket and Missile Industry worth $85.22 billion by 2029The report "Rocket and Missile Market by Product (Missiles, Rocket Artilleries, Torpedoes), Speed (Subsonic, Supersonic, Hypersonic), Propulsion Type (Solid, Liquid, Hybrid, Ramjet, Turbojet), Launch Mode, Guidance Mechanism and Region - Global Forecast to 2029" The global rocket and missile market is projected to reach USD 85.22 billion by 2029, from USD 62.50 billion in 2024, at a CAGR of 6.4%. The growth of the rockets and missiles market is driven by several factors, including increasing defense programs with the objective of strengthening country security against threats. Due to ongoing conflicts and rising defense expenditures worldwide, there is an increase in demand for missiles and rockets. In addition to changing the nature of warfare and the advancement of missile defense systems, governments efforts to strengthen their military preparedness and capabilities also contribute to this market expansion. Businesses are spending on R&D and advancing in rocket and missile technologies to strengthen their position in the market. Key players have spread their business across various countries including North America, Europe, Asia Pacific, the Middle East, and the Rest of the World. ...... Read More |
October 23, 2024 |
EMC Filtration Industry worth $1.58 billion by 2029The report "EMC Filtration Market by EMC Filters (1-Phase EMC Filters, 3-Phase EMC Filters, DC Filters, IEC Inlets, and Chokes), and Power Quality Filters (Passive Harmonic Filters, Active Harmonic Filters, Output Filters, and Reactors) - Global Forecast to 2029" The EMC filtration market is expected to reach USD 1.58 billion by 2029 from USD 1.24 billion in 2024, at a CAGR of 5.0% during the 2024-2029 period. ...... Read More |
October 23, 2024 |
PCB Encapsulation Market worth $5.59 billion by 2029The report "PCB Encapsulation Market by Resin Type (Epoxy, Acrylic), Curing Type (UV-Cure, Heat Cure, Room Temperature Cure), Application (Consumer Electronics, Automotive Electronics, Medical Devices), Product Type - Global Forecast to 2029", is projected to reach USD 5.59 billion by 2029, at a CAGR of 8.8% from USD 3.67 billion in 2024. ...... Read More |
October 22, 2024 |
Oral Proteins & Peptides Market worth $20.36 billion by 2029The report "Oral Proteins & Peptides Market by Molecule (Semaglutide, Linaclotide, Calcitonin), Drug Class (GLP-1 Receptor Agonist, GEP, CGRP), Therapeutic Area (Diabetes, Gastroenterology, Genetic Disorder), Formulation (Tablet, Capsule) - Global Forecast to 2029", is projected to reach USD 20.36 billion by 2029 from USD 7.38 billion in 2024, at a CAGR of 22.5% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market include rising Prevalence of Chronic Diseases such as diabetes, gastroenterology diseases and kidney diseases, patient preference and compliance for oral route of drug administration and increasing adoption of inorganic growth strategies such as collaboration and partnership for research and development. Notwithstanding this, hurdles in formulation and stability, and stringent regulatory approval process are projected to impede market development. ...... Read More |
October 22, 2024 |
AI PC Industry worth $231.30 billion by 2030The report "AI PC Market by Product (Desktops & Notebooks, Workstations), Operating System (Windows, macOS, Chrome), Compute Type (GPU, NPU- <40 TOPs, 40-60 TOPS) Compute Architecture (X86, ARM), Price (Below USD 1200, USD 1200 and Above) - Global Forecast to 2030" The AI PC market is expected to reach USD 231.30 billion by 2030 from USD 50.61 billion in 2024, at a CAGR of 28.82% during 2024–2030. ...... Read More |
October 22, 2024 |
European Smart Home Industry worth $29.24 billion by 2029According to a research report "European Smart Home Market by Lighting Controls, Smart Speakers, Entertainment Controls, HVAC Controls, Security & Access Controls, Smart Kitchen, Home Healthcare, Smart Furniture, Home Appliances, Wired, Behavioral, Proactive - Global Forecast to 2029" The European smart home market was valued at USD 22.11 billion in 2024 and is projected to reach USD 29.24 billion by 2029; it is expected to register a CAGR of 5.7% during the forecast period. ...... Read More |
October 22, 2024 |
Silicon Photonics Industry worth $7.52 billion by 2029The report "Silicon Photonics Market by Product (Transceivers, Variable Optical Attenuators, Switches, Sensors, and Cables), By Components (Lasers, Modulators, Optical Waveguides, Optical Interconnects, Photodetectors) - Global Forecast to 2029" The global silicon photonics industry was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.52 billion by 2029, growing at a CAGR of 28.3% from 2024 to 2029. ...... Read More |
October 21, 2024 |
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