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Hydrofluoric Acid Market worth $4.5 billion by 2027

The report "Hydrofluoric Acid Market by Grade (AHF, DHF (above 50% concentration) and DHF (below 50% concentration)), Application, and Region (Asia Pacific, North America, Europe, South America, Middle East & Africa) - Global Forecast to 2027", is approximated to be USD 3.4 billion in 2022, and it is projected to reach USD 4.5 billion by 2027, at a CAGR of 5.9%.

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March 2, 2023

Application Modernization Services Market worth $32.8 billion by 2027

According to a research report "Application Modernization Services Market by Service Type (Application Portfolio Assessment, Cloud application Migration, Application Re-platforming), Cloud Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the application modernization services market size is expected to grow from USD 15.2 billion in 2022 to USD 32.8 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 16.7% during the forecast period. The benefit of modernizing apps is that they won't just function with the newest technology, they will continue to function as the technology changes. This enables fast updates and modifications to satisfy present and upcoming business requirements. Additionally, application modernization services enable automatic scaling, which helps applications to immediately lower expenses in response to abrupt drops in demand while maintaining good performance in the event of rapid demand spikes. Modernizing existing applications can sometimes be simpler than developing brand-new ones from scratch. Instead of integrating fully new apps into present operations, app modernization services help to preserve many current processes and maintain business continuity.

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March 2, 2023

Antimicrobial Susceptibility Testing Market worth $4.7 billion by 2027

The report "Antimicrobial Susceptibility Testing Market by Product (Manual, Automated), Type (Antibacterial, Antifungal), Application (Clinical Diagnostics), Method (ETEST, Disk Diffusion,Agar Diffusion,Genotyping), End-User - Global Forecasts to 2027 ", is projected to reach USD  4.7 billion by 2027 from USD 3.6 billion in 2022, at a CAGR of 5.5% during the forecast period. The rising prevalence of infectious diseases, high antibiotic resistance, and supportive government measures to lessen the burden of infectious diseases can all be linked to the expansion of the antimicrobial susceptibility testing (AST) industry. The use of antimicrobial susceptibility testing is growing due to an increase in specific illnesses such pneumonia and bloodstream infections caused by E. coli, K. pneumoniae, P. aeruginosa, and others.

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March 1, 2023

Artificial Intelligence in Agriculture Industry worth $4.7 billion in 2028

The report "Artificial Intelligence in Agriculture Market by Technology (Machine Learning, Computer Vision, and Predictive Analytics), Offering (Software, AI-as-a-Service), Application (Drone Analytics, Precision Farming) and Region - Global Forecast to 2028" The AI in agriculture market is projected to grow from USD 1.7 billion in 2023 to USD 4.7 billion in 2028; it is expected to grow at a CAGR of 23.1%  from 2023 to 2028. The growth of the market is attributed to the benefits of the AI in agriculture over traditional practices. During the forecast period, development of AI in agriculture in application such as drone analytics, precision farming, and agriculture robots are expected to create growth opportunities for the market.

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March 1, 2023

Carbon Footprint Management Market worth $30.8 billion by 2028

According to a research report "Carbon Footprint Management Market Component (Solutions, and Services), Deployment Mode (On-premises, and Cloud), Organization Size (Corporates/Enterprises, Mid-Tier Enterprises, Small Businesses), Vertical & Region - Global Forecast to 2028" published by MarketsandMarkets, the global carbon footprint management market is estimated to grow at a CAGR 22.2% between 2023 to 2028 to reach a market size of USD 30.8 billion by 2028, from an estimated USD 11.3 billion in 2023. Implementation of COP27 targets to restrict global warming and an increase in demand for energy consumption by industries are expected to propel the growth of the global carbon footprint management market. Moreover, the swelling demand for energy consumption by industries is also positively impacting the growth of the carbon footprint management market.

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March 1, 2023

Long Fiber Thermoplastics Market worth $6.1 billion by 2027

The report "Long Fiber Thermoplastics Market by Fiber Type (Glass, Carbon), Resin Type (PA, PP, PEEK, PPA), Manufacturing Process (Injection Molding, Pultrusion, Direct-LFT (D-LFT)), End-use Industry and Region - Global Forecast to 2027", size is expected to grow from USD 3.5 billion in 2022 to USD 6.1 billion by 2027, at a CAGR of 9.3% during the forecast period. The long fiber thermoplastics industry is growing due to the increase in the demand for high performance materials with properties such as high strength to weight ratio, good tensile strength, electrical conductivity among others.

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March 1, 2023

Intent-based Networking Market worth $2.6 billion by 2027

According to a research report "Intent-based Networking (IBN) Market by Component (Solution, Services (Professional Services and Managed Services)), Deployment Type (Cloud and On-premises), Vertical (IT & Telecom, BFSI, Healthcare), Organization Size, & Region - Global Forecast to 2027" published by MarketsandMarkets, the global intent-based Networking (IBN) market size to grow from USD 0.8 billion in 2022 to USD 2.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period. Major factors expected to drive the growth of the intent-based networking market include the surge in human error rates in manual systems causing network downtime, growing number of devices on network, and need of automation in network architecture.

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March 1, 2023

Cybersecurity Mesh Market worth $2.6 billion by 2027

According to a research report "Cybersecurity Mesh Market by Offering (Solutions, Services), Deployment Mode (Cloud, On-premises), Vertical (IT and ITeS, Healthcare, BFSI, Energy and Utilities), Organization Size (SMEs, Large Enterprises) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global cybersecurity mesh market is projected to grow from an estimated value of USD 0.9 billion in 2023 to USD 2.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 28.6% from 2022 to 2027.Rising cyberattacks faced by organizations in the recent years, is one of the factors driving the market growth.

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February 28, 2023

Custom Antibody Market worth $860 million by 2028

The report "Custom Antibody Market by Service (Development, Purification, Labelling), Type (Monoclonal, Recombinant), Source (Rabbit, Mice), Application (Research, Therapeutics), Indication (Oncology, Immunology), End User (Biopharma, CROs) - Global Forecast to 2028", size is projected to reach USD 860 million by 2028 from 548 million in 2023, at a CAGR of 9.4% during the forecast period. Factors such as rising R&D funding and growing initiatives in custom antibody and increasing use of antibodies in biomarkers & validation are driving the growth of this market. However, challenges associated with the immunization of host animals are the major factors restraining the growth of this market.

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February 28, 2023

Superconducting Wire Market worth $1.7 billion by 2028

According to a research report "Superconducting Wire Market by Type (Low-temperature Superconductor, Medium-temperature Superconductor, High-temperature Superconductor), End User (Energy, Medical, Transportation, Research), Sales Channel and Region - Global Forecast to 2028" published by MarketsandMarkets, the global superconducting wire market is projected to reach USD 1.7 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 9.2% during the forecast period.

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February 28, 2023

Decorative Coatings Market worth $98.9 billion by 2027

The report "Decorative Coatings Market by Resin Type (Acrylic, Alkyd, vinyl, Polyurethane), Technology, Coating Type (Interior and Exterior), Color Type, User Type (DIY and Professional), Product Type, Application), and Region - Global Forecast to 2027", size is projected to grow from USD 82.0 billion in 2022 to USD 98.9 billion by 2027, at a CAGR of 3.8%. The decorative coating market is divided into five key regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America. China and India, among other countries, are leading the decorative coatings market globally. The market in Asia Pacific is witnessing high growth, which is expected to continue because of increasing residential construction and improved home remodeling practices.

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February 28, 2023

Distributed Antenna System (DAS) Industry worth $13.0 billion by 2028

The report "Distributed Antenna System (DAS) Market by Offering (Component, Services), Coverage (Indoor, Outdoor), Ownership Model, Vertical (Commercial, Public), User Facility Area, Frequency Protocol (Cellular, VHF/UHF), Network Type, Signal Sources and Region - Global Forecast to 2028" The DAS market is projected to grow from USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2% during the forecast period. The market growth is attributed to the growing focus on enhancing spectrum efficiency, growing need for strong and reliable cellular connectivity for Internet of Things (IoT), and rising demand for enhanced network coverage and need to eliminate connectivity gaps in buildings. Furthermore, use of distributed antenna system (DAS) technology in Citizens Broadband Radio Service (CBRS)  is expected to create lucrative opportunities for the market.

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February 28, 2023

Optical Imaging Market worth $2.9 billion by 2027

The report "Optical Imaging Market by Product (Cameras, Lenses), Technique (OCT, HIS, NIR, PAT), Therapeutic Area (Ophthalmology, Dermatology, Oncology), Application (Pathological, Intraoperative), End User (Hospital, Research Labs) - Global Forecast to 2027", is projected to reach USD 2.9 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 13.5%. The market is expanding as a result of factors such as an aging population, an increase in R&D in the life sciences, growing patient expectations for quick and simple diagnosis and treatment, rising information availability and knowledge, and expanding access to health care in Rapidly Developing Economies (RDE) are some other key factors influencing the market's growth.

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February 27, 2023

AI In Computer Vision Industry worth $45.7 billion by 2028

The report "AI In Computer Vision Market by Component (Hardware, Software), Function (Training, Inference), Application (Industrial, Non-industrial), End-use Industry (Automotive, Consumer Electronics) and Region - Global Forecast to 2028" The global AI in computer vision market is expected to be valued at USD 17.2 billion in 2023 and is projected to reach USD 45.7 billion by 2028; it is expected to grow at a CAGR of 21.5% from 2023 to 2028.

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February 27, 2023

Aluminum Foam Market worth $55 million by 2027

The report "Aluminum Foam Market by Type (Open-Cell, Closed-Cell), Application (Anti-Intrusion Bars, Heat Exchangers, Sound Absorbers, Filters), End-Use Industry (Automotive, Construction & Infrastructure, Industrial), and Region - Global Forecast to 2027", size is expected to grow from USD 43 million in 2022 to USD 55 million by 2027, at a CAGR of 4.8% during the forecast period. A significant growth is observed in the market because of the growth in the demand for aluminum foam from various end-use industries such as automotive and construction & infrastructure. Aluminum foam has multiple advantages, such as cost-benefit, low weight, and thermal conductivity, resulting in its preference for sound insulation and crash guards.

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February 27, 2023

Natural Vanillin Market worth $706 million by 2027

According to a research report "Natural Vanillin Market by Source (Vanilla Bean Extract, Ferulic Acid Synthesis, and Eugenol Synthesis), Application (Food & Beverages, Pharmaceuticals, and Cosmetics & Personal Care), and Region - Global Forecast to 2027" published by MarketsandMarkets, the natural vanillin market is projected to reach USD 706 million by 2027, and USD 472 Million by 2022, growing at a CAGR of 8.4% from 2022 to 2027. As consumers shift from synthetic to natural and plant-based ingredients, the demand for natural vanillin is rising. Additionally, there is also high demand for clean-label products, growing the use of natural vanillin as a flavoring ingredient in their foods. Given the versatility and omnipresence of vanillin in food products, the global demand for natural vanilla extract will keep growing, and formulators can no longer rely only on synthetic alternatives to satisfy consumers’ demands.

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February 27, 2023

Virtual Event Platform Market worth $30.6 billion in 2027

According to a research report "Virtual Event Platform Market by Component (Platform and Services), Organization Size, End User (Corporations, Governments, Education, Healthcare, Third-party Planners, Associations, Non-Profit) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global virtual event platform market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period, to reach USD 30.6 billion in 2027 from USD 12.4 billion in 2022. Key factors driving market growth include the growing need for virtual event solutions across industry verticals, including business-to-business, business-to-consumer, and internal events, the growing demand for virtual events, and the emergence of AI, and ML-powered platforms sought by the attendees.

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February 27, 2023

Satellite IoT Market worth $2.9 billion by 2027

According to a research report "Satellite IoT Market by Service Type (Satellite IoT Backhaul, Direct-to-satellite), Frequency Band (L-Band, Ku and Ka-Band, S-band), Organization Size (Large Enterprises, Small and Medium Sized Enterprises), Vertical & Region - Global Forecast to 2027" published by MarketsandMarkets, the satellite IoT market is expected to grow from USD 1.1 billion in 2022 to USD 2.9 billion by 2027, at a CAGR of 21.9% during the forecast period. Direct-to-satellite is a reliable solution in times of disasters or natural calamities in areas where fast deployments are required, and not much hardware is available or possible to arrange, driving the growth of satellite IoT market.

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February 24, 2023

PVDF Membrane Market worth $1,126 million by 2027

The report "PVDF Membrane Market by Technology, Type (Hydrophobic, Hydrophilic), Application (General Filtration, Sample Preparation, Bead – Based Assays), End-Use Industry (Biopharmaceutical, Industrial, Food & Beverage), and Region - Global Forecast to 2027", size is projected to grow from USD 779 million in 2022 to USD 1,126 million by 2027, at a CAGR of 7.7% between 2022 and 2027.

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February 24, 2023

Smart Meter Market worth $36.3 Billion by 2028

According to a research report "Smart Meter Market by Type (Electric Gas, and Water), Component, Technology (AMI & AMR), Communication (RF, PLC, and Cellular), End-user (Residential, Commercial, Industrial) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global smart meter market is projected to reach USD 36.3 billion by 2028 from an estimated USD 23.1 billion in 2023, at a CAGR of 9.4% during the forecast period.

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February 24, 2023

Food Encapsulation Market worth $17.0 billion by 2027

According to a research report "Food Encapsulation Market by Shell Material (Lipids, Polysaccharides, Emulsifiers, Proteins), Technology (Microencapsulation, Nanoencapsulation, Hybrid Encapsulation), Application, Method, Core Phase and Region - Global Forecast to 2027" published by MarketsandMarkets, the market for food encapsulation was valued at USD 11.5 billion in 2022; it is projected to grow at a CAGR of 8.2% to reach USD 17.0 billion by 2027. Food encapsulation is the process of capturing the core phase (bioactive ingredient) using a wall material.

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February 23, 2023

Industrial loT Display Industry worth $1.6 billion by 2028

According to a research report "Industrial loT Display Market by Technology (LCD, LED, OLED), Panel Size, Application (HMI, Remote Monitoring), End-use Industry (Manufacturing, Energy & Power, Oil & Gas, Mining, Transportation) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Industrial IoT Display market size is estimated to be USD 0.9 billion in 2023 and is projected to reach 1.6 billion by 2028, at a CAGR of 13.3% during the forecast period. The growing adoption of Industry 4.0 and the increasing demand of HMI devices play a key role in driving the growth of Industrial IoT Display market in near future.

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February 23, 2023

Ultrasound Probe Covers Market worth $283 million in 2027

The report "Ultrasound Probe Covers Market by Type (Disposable, Reusable) Material (Latex, Latex-free) Application (Endocavitary), End User (Hospitals, Diagnostic Imaging Centers, Maternity Centers, Ambulatory Surgical Centers), & Region - Global Forecast to 2027", is projected to reach USD 283 million in 2027 from USD 213 million in 2022, at a CAGR of 5.9% between 2022 and 2027. The overall increase in the number of ultrasound procedures performed globally is the major factor driving the market during the forecast period. This increase can be attributed to the rising population of people aged 65 years and above, along with the drastically growing prevalence of chronic diseases, among other factors.

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February 23, 2023

Meta-aramid Fiber Market worth $2.3 billion by 2027

The report "Meta-aramid Fiber Market by Type (Staple, Filament, Paper), Application (Nonwoven Bagfilter, Apparel, Turbohose, Electric Insulation, Honeycomb Reinforcement), and Region (Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2027", is projected to reach USD 2.3 billion by 2027, at a CAGR of 10.6% from USD 1.4 billion in 2022.

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February 23, 2023

Electric Truck Market worth 1,067,985 Units by 2030

According to a research report "Electric Trucks Market by Propulsion (BEV, PHEV & FCEV), Type (Light-Duty Trucks, Medium-Duty Trucks & Heavy-Duty Trucks), Range, Battery Type, Battery Capacity, Level of Automation, End User, GVWR & Region - Global Forecast to 2030" published by MarketsandMarkets, the Electric truck market is estimated to be 101,499 units in 2022 and is projected to grow at a CAGR of 34.2% during the forecast period, to reach 1,067,985 units by 2030.  The market for electric truck is increasing due to factors such as increase in distribution services, last mile delivery and government focus on reducing vehicle emissions.

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February 23, 2023

Text-to-video AI Market worth $0.9 billion by 2027

According to a research report "Text-to-Video AI Market by Component (Software, Services), Deployment Mode, Organization Size, End User (Corporate Professionals, Content Creators), Vertical (Education, Media & Entertainment, Retail & eCommerce) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global text-to-video AI system market size is projected to grow from USD 0.1 billion in 2022 to USD 0.9 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 37.1% during the forecast period. Rise in demand for engaging videos in businesses is driving the growth of the text-to-video AI market.

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February 23, 2023

Green Ammonia Market worth $17.9 billion by 2030

According to a research report "Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM) Electrolysis, Solid Oxide Electrolysis), End-Use Application (Transportation, Power Generation, Industrial Feedstock) & Region - Global Forecast to 2030" published by MarketsandMarkets, the global green ammonia market is estimated to be valued at USD 0.3 billion in 2023 (estimated year) and is projected to reach USD 17.9 billion by 2030 (forecast year), growing at a CAGR of 72.9% during the forecast period.

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February 23, 2023

Power Device Analyzer Market worth $600 million by 2027

According to a research report "Power Device Analyzer Market by Type (Both AC and DC, AC and DC), Current (Below 1000A and Above 1000A), End User (Automotive, Energy, Telecommunication, Consumer Electronics and Appliances, Medical) and Region - Global Forecast to 2027" published by MarketsandMarkets, the Power Device Analyzer market size will grow to USD 600 million by 2027 from USD 470 million in 2022, at a CAGR of 5.0% during the forecast period. Power device analyzers measures electrical power in devices that generate, transform, or consume electricity. They have been used in electrical product testing equipment as they provide accuracy, frequency ranges, and functions necessary to meet industry test and measurement standards. They are utilized for measuring different aspects of power such as current, voltage, peak, voltage, mean, RMS parameters harmonics, and phase. The power device analyzers are categorized into three types as AC, DC and Both AC and DC. A DC power analyzer is a high-performance instrument that includes up to four sophisticated DC power sources or electronic loads, as well as a digital multimeter (DMM), oscilloscope, arbitrary waveform generator (AWG), and datalogger. The AC power analyzers make more accurate power measurements.

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February 22, 2023

Automotive Operating System Market worth $25.8 billion by 2030

According to a research report "Automotive Operating System Market by OS Type (QNX, Android, Linux, Windows), ICE Vehicle Type (PCs, LCVs, and HCVs), EV Application (Battery Management and Charging Management), Application and Region - Global Forecast to 2030" the global automotive operating system market is projected to grow from USD 12.7 billion in 2022 to USD 25.8 billion by 2030, at a CAGR of 9.2%.

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February 22, 2023

Robotics as a Service Industry worth $4.0 billion by 2028

The report "Robotics as a Service Market by Type (Personal, Professional), Application (Handling, Processing, Dispensing, Welding & Soldering), Vertical (Logistics, Manufacturing, Automotive, Retail, Food & Beverage) and Region - Global Forecast to 2028" The global Robotics as a Service Market size is projected to grow from USD 1.8 billion in 2023 to USD 4.0 billion by 2028;  it is expected to grow at a CAGR of  17.4% from 2023 to 2028. The key factors contributing to the growth robotics as a service market growing adoption of industry 4.0 and rising demand of collaborative robots across industries. However, lack of interaction between human workforce and robots is hindering the growth of robotics as a service market. Safety concerns related to industrial robotics systems possesses a huge challenge to the industry. However, emergence if industry 5.0 is biggest opportunity in the market space during the forecast period.

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February 22, 2023

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