Research Insight

Top Companies in Medical Lasers Market - Alma Lasers (Israel) and Lumenis Be Ltd. (Israel) are the Leading Players

The global medical lasers market is projected to reach USD 8.3 billion by 2028 from USD 4.8 billion in 2023, at a CAGR of 11.5% from 2023 to 2028. The increasing incidence of specific diseases and advancements in technology are driving the growth of the market.

• Published: January 2024

Motion Control Companies - ABB (Switzerland) and FANUC Corporation (Japan) are the Leading Manufacturers

The motion control market is estimated to be worth USD 16.5 billion in 2024 and is projected to reach USD 21.6 billion by 2029 at a CAGR of 5.5% during the forecast period. The global Motion Control Market is primarily propelled by the increasing demand for automation across industries, aiming for enhanced efficiency and precision in manufacturing processes. Technological advancements in motion control systems, offering improved performance and reliability, contribute significantly to market growth.

• Published: January 2024

Industrial Sensors Companies - Honeywell International Inc. (US) and Rockwell Automation (US) are the Key Players

The Industrial sensors market is projected to grow from USD 27.9 billion in 2024 and is expected to reach USD 42.1 billion by 2029, growing at a CAGR of 8.5% from 2024 to 2029. The rising adoption of Industry 4.0 and IIoT in manufacturing is driving the demand for the industrial sensors market. The essential components and framework of Industry 4.0 comprise Big Data, model simulation, cloud technology, augmented reality, Industrial Internet of Things (IIOT), artificial intelligence, autonomous robots, and cybersecurity. Hence, Industry 4.0 is leading to an increase in the adoption of wireless industrial sensors.

• Published: January 2024

Top Companies in IT Service Management (ITSM) - Broadcom (US), Efecte (Finland)

The ITSM market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period, to reach USD 22.1 billion by 2028 from USD 10.5 billion in 2023. An urge for convenient deployment in disaster-prone areas, adherence to regulatory compliance and government-led reporting standards across verticals and regions, and demand for enterprise service management across verticals are expected to drive the growth of the global ITSM market.

• Published: January 2024

SiC-On-Insulator and Other Substrates Companies - Wolfspeed, Inc. (US) and SICC Co., Ltd. (China) are the Key Players

The SiC-on-insulator and other substrates market is estimated to be worth USD 99 million in 2024 and is projected to reach USD 149 million by 2029, at a CAGR of 8.5% during the forecast period. The growing demand for power devices and thermal management solutions is expected to drive the market growth of SiC-on-insulator and other substrates. Moreover, the surging demand for SiC-on-insulator substrates in the photonics industry is expected to provide growth opportunities in SiC-on-insulator and other substrates market in the future.

• Published: January 2024

Multiexperience Development Platforms Market Size & Share - Future Growth Expectations

According to MarketsandMarkets, the global multiexperience development platforms market is expected to grow from USD 2.7 billion in 2022 to USD 7.2 billion by 2027, with a compound annual growth rate (CAGR) of 21.8% over the forecast period.

The elimination of gaps in required technical skills, as well as increased demand for chatbots, AI, AR, VR, and machine learning, are major drivers of market growth.

• Published: January 2024

Top Companies in Heat Pump Water Heater Industry - Panasonic Holding Corporation (Japan), LG Electronics (South Korea) and Mitsubishi Corporation (Japan) are the leading key players

The global heat pump water heater market is projected to reach USD  10.2 billion by 2028 from an estimated USD 5.2 billion in 2023, at a CAGR of 14.4% during the forecast period. The market has witnessed substantial expansion recently, propelled by a confluence of factors such as environmental concerns, the demand for energy-efficient solutions, and advancements in technology. Heat pump water heaters have emerged as a progressive and environmentally friendly choice for residential, commercial, and industrial water heating needs.

• Published: January 2024

Top Companies List of AI Data Management Industry - IBM Corporation (US), Oracle Corporation (US) | MarketsandMarkets

The AI data management market is expected to grow from USD 25.1 billion in 2023 to USD 70.2 billion in 2028, at a CAGR of 22.8%  during the forecast period. The AI data management market is driven by various factors, such as the AI-powered data fabric solutions and automated integration fueling the market expansion, the evolution in cloud technology and the rapid advancements in AI and ML to propel the adoption of transformative data management solutions.

• Published: January 2024

Top Companies in Data Mesh - IBM (US), Oracle (US) and Informatica (US) | MarketsandMarkets

The global data mesh market is projected to register a CAGR of 16.4% during the forecast period, reaching USD 2.5 billion by 2028 from an estimated USD 1.2 billion in 2023. Major factors to boost the market growth include the increasing need for data democratization and accessibility, tailored data pipelines driving agility and innovation, increasing adoption of cloud native technologies, and maintaining robust governance and security.

• Published: January 2024

Industrial Absorbents Companies - 3M Company (US) and Johnson Matthey Plc (UK) are Leading Players in the Industrial Absorbents Market

The industrial absorbents market is projected to grow from USD 4.3 billion in 2023 to USD 5.2 billion by 2028, at a CAGR of 4.0% from 2023 to 2028. The oil & gas segment is the chief consumer of industrial absorbents owing to the high demand for absorbent products to control, contain, and recover petroleum, oil, and LNG during operations and spillages. Countries in North America and Europe have stringent regulations with respect to the oil & gas industry. These regulations are directed toward preventing and controlling spill occurrences by the use of spill control products. There is also a significant demand for industrial absorbents in the chemical industry. Hazardous chemicals, such as concentrated hydrochloric acid, acetylene, butane, ethylene, and mercury have a harmful effect on the health of humans and the environment. Therefore, industrial absorbents, especially HAZMAT absorbent products, are widely used in the chemical industry.

• Published: January 2024

Text-to-Speech Companies - Microsoft Corporation (US) and Google (US) are the Key Players

The global text-to-speech market is expected to be valued at USD 4.0 billion in 2024 and is projected to reach USD 7.6 billion by 2029; it is expected to grow at a CAGR of 13.7% from 2024 to 2029. Market participants have adeptly addressed rising text-to-speech demands in diverse industries, extending their global reach through strategic growth approaches like introducing new products, acquiring assets, forging partnerships, fostering collaborations, establishing alliances, and expanding their operations.

• Published: January 2024

Milking Robots Companies - DeLaval (Sweden) and GEA Group AG (Germany) are the Key Players

The global milking robots market is projected to grow from USD 3.2 billion in 2024 to USD 5.3 billion by 2029, registering a CAGR of 10.8% during the forecast period. The expansion of the milking robots market is powered by several factors, including reduced labor expenses due to farm automation, technological strides in dairy farming, and the benefits offered by automated milking systems. Embracing advanced technologies and tools has amplified the effectiveness and output of livestock farms and ushered in heightened precision and automation. This segment delves into the supportive and challenging factors influencing the worldwide milking robots market. These insights equip industry participants to craft strategies and initiatives, fortifying their market positions.

• Published: January 2024

Top Companies in Brain Monitoring Market - Natus Medical Inc. (US), Nihon Kohden Corporation (Japan), and Koninklijke Philips N.V (Netherlands) are the leading players

The global brain monitoring market size is estimated to be USD 4.8 billion by 2028, from USD 3.5 billion in 2023, at a CAGR of 6.3%. The brain monitoring market is mainly driven by factors such as the uptick in neurological disorders' incidence and prevalence, heightened awareness regarding neurodegenerative diseases, a surge in traumatic brain injuries, and the expanding use of brain monitoring in clinical trials drive the market growth. Demand is increasing for non-invasive and minimally invasive devices, alongside the widening therapeutic scope of brain monitoring tools, further bolstered by burgeoning healthcare markets in emerging economies. However, obstacles like the high expenses associated with intricate monitoring procedures and devices, unfavorable reimbursement policies, and a shortage of skilled professionals adeptly operating brain monitoring devices are impeding market expansion.

• Published: January 2024

Nuclear Power Plant Control System Companies - Siemens (Germany), ABB (Switzerland), General Electric (US), Fortum (Finland), Framatome (France) are the Leading Players

The global Nuclear Power Plant Control System market is projected to reach USD  825 million by 2028 from an estimated USD 636 million in 2023, at a CAGR of 5.3% during the forecast period. The market has witnessed substantial expansion recently, propelled by a growing demand for clean energy, global nuclear power expansion and government support & stringent safety regulations.

• Published: January 2024

Alcon (US) and Johnson & Johnson Vision Care (US) are Leading Players in the Ophthalmic Equipment Market

The ophthalmic equipment market is projected to reach USD 26.14 billion by 2030 from USD 19.65 billion in 2025, at a CAGR of 5.9% during the forecast period. Rising prevalence of eye disease, an aging population, technological advancements, and increased access to healthcare are key factors driving the ophthalmic equipment market, supported by growing awareness of early diagnosis and detection treatment.

• Published: January 2024

Drylab Photo Printing Companies - FUJIFILM Corporation (Japan) and Seiko Epson Corporation (Japan) are the Key Players

The drylab photo printing market is expected to reach USD 0.4 billion by 2029 from 0.3 billion in 2024, at a CAGR of 5.4% during the 2024-2029 period.

• Published: January 2024

Construction Adhesive Tapes Companies - Nitto Denko Corporation (Japan) and SWM International are Leading Players in the Construction Adhesive Tapes Market

The global construction adhesive tapes market size was valued at approximately USD 2.7 Billion in 2022 and is expected to reach USD 3.6 Billion by 2028, projecting a CAGR of 5.7% during the forecast period between 2023 and 2028. Adhesive tape refers to any material that effectively binds items together by adhering to surfaces, preventing easy separation. Adhesive tapes are widely used in the construction industry, especially in building and construction, where they constitute an essential component. These tapes are used in many different applications, including insulation, dry lamination, HVAC, windows, doors, wall coverings, flooring, and more. They greatly contribute to the construction sector by playing a crucial part in bonding, remodeling, maintenance, and repair across a variety of categories, including residential, non-residential, and infrastructure.

• Published: January 2024

Electronic Wet Chemicals Companies - Avantor Inc. (US), BASF SE (Germany) are Leading Players in the Electronic Wet Chemicals Market

The electronic wet chemicals market is projected to reach USD 5.4 billion by 2028, at a CAGR of 7.2% from USD 3.8 billion in 2023. The market growth is driven by technological advancements in the electronics industry and rise in the demand for hydrogen peroxide from the semiconductor industry.

• Published: January 2024

CBRN Defense Companies - Thales Group (France) and Rheinmetall Defence (Germany) are the Key Players

CBRN Defense market is projected to grow from USD 16.1 billion in 2023 to USD 21.4 billion by 2028, at a CAGR of 5.8% during the forecast period. The CBRN defense market has undergone significant evolution due to escalating geopolitical tensions. On the supply side, there has been a notable introduction of contemporary technologies, including virtual reality, augmented reality, and the Internet of Things (IoT). Anticipated exponential growth in this market is attributed to the substantial increase in demand for CBRN defense equipment across various industries. A key driving force behind this market expansion is the global upswing in military spending.

• Published: January 2024

Top Companies in Automotive Brake System Industry - Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany) and Continental AG (Germany) are leading players

The automotive brake system market is estimated to grow from USD 23.45 billion in 2023 to USD 30.10 billion by 2028, at a CAGR of 5.1% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2028.

• Published: January 2024

Top Collagen Companies - Ashland (US), Darling Ingredients (US) and Tessenderlo Group (Belgium)

The collagen industry, estimated at USD 5.1 billion in 2023 and poised to achieve a 5.3% CAGR, reaching USD 7.4 billion by 2030, is experiencing transformative shifts and innovations. In the fields of nutrition and cosmetics, collagen has emerged as a prominent focus. There is an increased comprehension of collagen and a growing desire for this protein, which can be addressed through the consumption of collagen supplements or by augmenting the body's natural collagen synthesis. This has led to a heightened demand for collagen in various forms.

• Published: January 2024

Top Companies in Solar Encapsulation Industry - Mitsui Chemicals, Inc. (Japan), Elkem ASA (Norway), Dow (US), 3M (US) and DuPont (US)

The global Solar Encapsulation market is projected to reach USD 7.2 billion by 2028 from an estimated USD 4.9 billion in 2023, at a CAGR of 8.0% during the forecast period. Because of stringent carbon emission norms, increasing demand for unconventional energy sources, and supportive government policies and incentives. Due to their strong supply network, a few global and regional players hold a strong foothold in the Solar Encapsulation market. Mitsui Chemicals, Inc. (Japan), Elkem ASA (Norway), Dow (US), 3M (US), and DuPont (US) are the market leaders in the global Solar Encapsulation market. These companies have adopted strategies such as product launches, partnerships, collaborations, contracts, agreements, and acquisitions to increase their market share.

• Published: January 2024

Top Personal Cloud Companies - Google (US) and pCloud | MarketsandMarkets

The global personal cloud market to grow from USD 24.7 billion in 2023 to USD 57.7 billion by 2028 at a compounded annual growth rate (CAGR) of 18.5% during the forecast period. A personal cloud refers to a virtual storage space and computing environment that individuals use to store, manage, and access their digital data and applications over the internet.

• Published: January 2024

Self-Adhesive Label Companies: CCL Industries (Canada) and Avery Dennison Corporation (US) are Leading Players in the Self-Adhesive Labels Market

The self-adhesive labels market is projected to grow from USD  53.2 billion in 2023 to USD  69.2 billion by 2028 at a CAGR of 5.4%. Self-adhesive labels have their back surface coated with an adhesive substrate; they do not require any application of glue or moistening. These labels comprise a face material (also known as facestock) on which the information or message about the product is printed, an adhesive to stick facestock to the product or package, and a backing paper also known as the release liner (normally, a paper coated with silicone to keep the label from sticking to other objects). These labels are available in various shapes and sizes and are used extensively in the packaging industry. The self-adhesive labels market is propelled by several key drivers, including increasing urban population, and growing food & beverage industry.

• Published: January 2024

Top Companies in Radiation Dose Management Market: Bayer AG (Germany) and GE Healthcare (US) are the Leading Players

The radiation dose management market is projected to reach USD  654 million by 2028 from USD  343 million in 2023, at a CAGR 13.8% from 2023  to 2028. Radiation dose management is a software solution designed to systematically gather, regulate, analyze, and optimize the radiation doses administered to patients during various medical procedures, including image-guided surgery, medical imaging examinations, interventional procedures, and nuclear medicine. The information collected is stored in the form of a Dose Archiving and Communication System (DACS). The growth of this market is driven by the growing awareness and industry initiatives for radiation dose management, rising incidence of chronic diseases, and the increasing number of diagnostic centers and installation base of radiology equipment. However, lack of standardized protocols for all examination types pose a challenge for the market growth.

• Published: January 2024

Top Companies in Laminated Busbar Industry - Amphenol (US), Methode Electronics (US) and Mersen Group (France)

The global market for laminated busbar is projected to grow from an estimated USD 863 million in 2023 to USD 1,296 million by 2030, demonstrating a CAGR of 6.0% during this seven-year period. A busbar, employed in electrical networks, is a metallic strip of either aluminum or copper supported by insulators. It serves the purpose of linking the electrical load and power supply, commonly found in distribution panels, switchboards, and switchgears across various establishments. The types of busbars include single conductor, multiple conductor, rigid, flexible, strain, insulated phase, and laminated. Specifically, laminated busbars involve multiple layers of conductive metal (copper or aluminum) separated by thin dielectric layers. Through heating and compression, these layers integrate to form a component that offers enhanced safety and reliability, proving cost-effective compared to alternative busbars. In the laminated busbar market, few prominent companies possess a strong regional presence and hold a commanding position. Key players in the laminated busbar market encompass Amphenol Corporation (US), Methode Electronics, Inc. (US), Mersen Group (France), Rogers Corporation (US), and Zhuzhou CRRC Times Electric Co., Ltd. (China).

• Published: January 2024

High-speed Data Converter Companies - Texas Instruments Incorporated (US), and Analog Devices, Inc. (US) are the Key Players

The high-speed data converter market was valued at USD 3.0 billion in 2022 and is projected to reach USD 4.3 billion by 2028; it is expected to grow at a CAGR of 6.4% from 2023 to 2028. Rising demand for test & measurement (T&M) solutions by end users, growing demand for high-resolution images in scientific and medical applications, and increasing adoption of technologically advanced data acquisition systems are some of the key drivers driving the growth of high-speed data converter market.

• Published: January 2024

Industrial Utility Communication Companies - General Electric (US) and Siemens (Germany) are Leading Players in the Industrial Utility Communication Market

The industrial utility communication market is projected to reach USD 4.2 billion by 2028, at a CAGR of 6.0% from USD 3.1 billion in 2023. The industrial utility communication market is experiencing robust growth due to several key factors and opportunities. The market growth is driven by factors such as growing demand for automation and industrial wireless communication systems. The exponential growth  of smart infrastructure, coupled with the demand for cloud based communication solutions further fuels the expansion of the industrial utility communication market.

• Published: January 2024

Aerospace Riveting Equipment Companies - Ingersoll Rand (US) and Cherry Aerospace (US) are the Key Players

The Aerospace Riveting Equipment Market is estimated to be USD 109 Million in 2023 and is projected to reach USD 134 Million by 2028, at a CAGR of 4.3% from 2023 to 2028. The primary driving factors for the Aerospace riveting Equipment market include the Increasing complexity in aircraft designs, Rapid Technological Advancements in aerospace industry, and focus on precision and quality in aerospace manufacturing.

Major Aerospace Riveting Equipment Companies Include:

• Ingersoll Rand (US)
• Cherry Aerospace (US)
• Brown Aviation Tool Company (US)
• Stanley Engineered Fastening (SEF) (US)
• LAS Aerospace Ltd. (UK)

These companies have leveraged various growth strategies including new product developments, contracts, collaborations, expansions, certifications, agreements, acquisitions, and R&D activities. In the Aerospace Riveting market these companies leveraged product developments, R&D and contract strategies to gain a major foothold in the market.

• Published: January 2024

Top Bakery Premixes Companies: Puratos (Belgium) and ADM (US)

The bakery premixes industry, currently valued at USD 406 million in 2023 and poised to achieve a 6.0% CAGR, reaching USD 544 million by 2028, is experiencing transformative shifts and innovations. The bakery premixes industry is experiencing significant growth, driven by several factors such as the rising demand for convenient and time-saving baking solutions among consumers. Bakery premixes, including pre-measured and blended ingredients for various baked goods, cater to this demand by simplifying the baking process for commercial and home bakers. Additionally, the increasing popularity of ready-to-use baking mixes and the growing trend of home baking as a recreational activity have contributed to the market's expansion.

• Published: January 2024

Top Companies in Big Data - Oracle (US), Accenture (Ireland)

The global big data market is projected to register a CAGR of 12.7% during the forecast period, reaching USD 401.2 billion by 2028 from an estimated USD 220.2 billion in 2023. The growth of big data solutions is propelled by a convergence of factors. These include the ascent of artificial intelligence (AI) and machine learning (ML) in enterprise applications, the increasing demand for data-driven decision-making and the exponential rise in data volume.

• Published: January 2024

Digital Payment Market Size and Share: Comprehensive Analysis and Insights

The Digital Payment Market size is expected to grow from USD 111.2 billion in 2023 to USD 193.7 billion by 2028, with a CAGR of 11.8% during the forecast period.

An increasing online consumer base, as well as a shift in consumer payment behaviour, will drive demand for digital payments. The payments industry is becoming more crowded as new technology players enter the market to fill customer experience gaps left by larger companies. Because of their technological innovation, immediacy, and security, digital currencies are emerging in the global payments system and are poised to transform the entire ecosystem of investments and monetary financing.

• Published: January 2024

Top Companies in Nutraceutical Excipients Industry: International Flavors & Fragrances Inc (US), Kerry Group plc (Ireland) and Ingredion (US)

The nutraceutical excipients market is projected to grow from USD 4.2 billion in 2023 to USD 6.1 billion by 2028 growing at a CAGR of 7.7% during the forecast period. Personalized nutrition plans and online sales are rapidly merging to transform the nutraceutical market. As individuals embrace tailored diets, the need for customized products with specific excipients, tailored delivery systems, and targeted nutrients soars. The flourishing retail market indicates a larger consumer base with increased disposable income and a heightened focus on health and wellness. Consequently, there is a surge in demand for nutraceutical products like functional foods and dietary supplements. This escalating demand is driving the necessity for specialized excipients utilized in formulating these products. According to the USDA, total retail food sales in the United States soared to USD 15.2 billion for the week ending May 1, 2022, compared to USD 12.7 billion for the same period in 2019, showcasing significant fluctuations across various categories.

• Published: January 2024

Top Companies in Video Analytics - Avigilion (Canada), Cisco (US), IBM (US) | MarketsandMarkets

The video analytics market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period, to grow from USD  8.3 billion by 2023 to USD 22.6 billion by 2028. The increasing number of CCTV and surveillance system installations drives the adoption of video analytics software.

• Published: January 2024

F. Hoffmann-La Roche Ltd (Switzerland) and Danaher Corporation (US) are Leading Players in the Tissue Diagnostics Market

The global tissue diagnostics market is projected to reach USD 8.4 billion by 2028 from USD 5.6 billion in 2023, at a CAGR of 8.4 % during the forecast period. The tissue diagnostics market is driven by the rising prevalence of cancer, growing demand for digital pathology, and increasing healthcare expenditure. The top players in this market are F. Hoffmann-La Roche (Switzerland), Danaher Corporation (US), and PHC Holdings Corporation (Japan). These players hold leading positions in the market owing to their broad product offerings in the tissue diagnostics market. These mentioned players have undertaken various organic and inorganic growth strategies such as product launches and approvals, collaborations, acquisitions, and agreements to retain their position in the market.

• Published: January 2024

Top Companies in Managed SIEM Services Industry - Unisys (US), Verizon (US), ManageEngine (US), CyberCX (Australia) and NTT (Japan)

The global managed SIEM services market is estimated to be worth USD 7.5 billion in 2023 and is projected to reach USD 16.0 billion by 2028, at a CAGR of 16.3% during the forecast period. The managed SIEM services market is driven by the escalating sophistication and diversity of cyber threats and the increasing complexity of IT environments within organizations.

Top Companines in Managed SIEM Services Industry Include:

• Unisys (US)
• Verizon (US)
• ManageEngine (US)
• CyberCX (Australia)
• NTT (Japan)

As businesses grapple with a constantly evolving threat landscape, they recognize the need for advanced security measures to safeguard their sensitive data and digital assets. Managed SIEM services offer a strategic solution by providing expert monitoring, threat detection, and incident response capabilities. Organizations are drawn to these services as they allow for real-time analysis of security events, proactive identification of potential threats, and access to the latest threat intelligence. The shortage of skilled cybersecurity professionals and the desire to streamline security operations further fuel the adoption of managed SIEM services, enabling businesses to efficiently manage security risks while focusing on their core operations.

• Published: January 2024

Machine Condition Monitoring Companies - Emerson Electric Co. (US) and Honeywell International Inc. (US) are the Key Players

The global machine condition monitoring market size is expected to grow from USD 3.1 billion in 2024 to USD 4.7 billion by 2029, at a CAGR of 8.3% from 2024 to 2029. Machine condition monitoring is a technique used to detect and predict potential causes of mechanical failure in industrial equipment and machinery and keep them operational. The common reasons for machine failures include bearing failure, overloads, normal insulation deterioration, imbalanced or incorrect voltage levels, misalignments/vibrations, and poor maintenance practices.

• Published: January 2024

Top Companies in 3D Imaging - GE Healthcare (US), Maxon (Germany)

The global market for 3D Imaging is projected to grow from USD 34.3 billion in 2023 to USD 88.4 billion by 2028, at a CAGR of 20.8% during the forecast period. 3D imaging generates depth-perceptive three-dimensional visuals on flat surfaces, mirroring real-world depth perception. This technology finds broad application in various industry verticals including aerospace and defense, manufacturing, retail and ecommerce, automotive, healthcare and life sciences, and others. Technology such as stereoscopy employs dual camera lenses slightly apart to capture 3D imagery on 2D planes, simulating depth perception. This diverse range of methods underscores how 3D imaging transforms visuals across industries, offering immersive experiences and revolutionizing how to perceive digital content.

• Published: January 2024

Digital Circular Economy Industry - Forthcoming Trends to Fuel the Global Growth

The global digital circular economy market is expected to grow at a CAGR of 24.3% over the forecast period, reaching USD 6.7 billion in 2028 from an estimated USD 2.2 billion in 2023.

The expansion of circular economy A convergence of factors drives the advancement of digital solutions. These include government initiatives and regulations encouraging businesses to adopt circular practices, increased consumer awareness about sustainability, and the use of AI and blockchain to improve recycling processes.

• Published: January 2024

Cloud Managed Network Market Size and Share: Comprehensive Analysis and Insights

Around the forecast period, the global market for cloud managed networks is expected to develop at a Compound Annual Growth Rate (CAGR) of 10.9%, from USD 21.6 billion in 2022 to USD 36.3 billion by 2027.

The growing demand for cloud managed networks and the growing reliance of businesses on IT assets to improve business efficiency are the main factors anticipated to propel the expansion of the cloud managed network market.

• Published: January 2024

Project Portfolio Management Market: Emerging Trends Reshaping the Industry

Over the course of the forecast period, the project portfolio management market is anticipated to develop at a Compound Annual Growth Rate (CAGR) of 5.5%, from USD 4.8 billion in 2023 to USD 6.3 billion by 2028.

Organizations looking for software solutions that can support their growing project management requirements and adapt to shifting business environments are driving the growth of the project portfolio management market. Project risk identification, assessment, and mitigation are all made possible by the features that PPM software offers. It also tracks and manages compliance needs.

• Published: January 2024

Composite AI Market Size and Share: Comprehensive Analysis and Insights

The composite AI market is projected to expand at a compound annual growth rate (CAGR) of 36.5% from USD 0.9 billion in 2023 to USD 4.4 billion by 2028.

Designing and merging several AI models into composite AI has become easier because to advances in deep learning and natural language processing

• Published: January 2024

Traffic Management Market Size and Share: Comprehensive Analysis and Insights

The Traffic Management Market is expected to grow from USD 42.3 billion in 2023 to USD 72.5 billion by 2028, at a CAGR of 11.4% over the forecast period.

Drivers and passengers are increasingly seeking real-time traffic information in order to make informed decisions about their travel routes. This demand is driving the development and deployment of advanced traffic management systems that use data from sensors, cameras, and other sources to provide real-time traffic updates.

• Published: January 2024

Emerging Trends in the Knowledge Graph Market 2024 - Innovations & Insights

The knowledge graph market is poised for explosive growth, surging from $0.9 billion in 2023 to a projected $2.4 billion by 2028. This significant increase (CAGR of 21.8%) reflects the growing urgency for businesses to manage the ever-expanding volume of data.

Knowledge graphs offer a powerful solution, providing a structured framework to integrate, organize, and analyze data from diverse sources.

• Published: January 2024

Insolvency Software Market Size and Share: Comprehensive Analysis and Insights

The Insolvency Software Market size is poised to grow from USD 1.5 billion in 2023 to USD 2.4 billion by 2028, with a CAGR of 10.4% over the forecast period.

The government will increase demand for insolvency software by promoting the use of digitalized tools in a variety of industries, including BFSI. In today's rapidly changing digital environment, financial services businesses must embrace digital transformation. This shift enables customers to manage their finances more efficiently by integrating features such as chatbot-driven financial services and smartphone-based solutions into the daily routine.

• Published: January 2024

Top Artificial Intelligence in Cybersecurity Companies - NVIDIA (US), Intel (US) and CrowdStrike (US) | MarketsandMarkets

The global market for AI in Cybersecurity is projected to grow from USD  22.4 billion in 2023 to USD 60.6 billion by 2028, at a CAGR of 21.9% during the forecast period. The market's upward trajectory is driven by pivotal factors, notably the widespread integration of the Internet of Things (IoT) and the escalating proliferation of connected devices. Moreover, the surge in cyber threats, coupled with heightened concerns regarding data protection and the increased susceptibility of Wi-Fi networks to security breaches, contributes significantly to the market's expansion. In terms of opportunities, there is a visible demand for cloud-based security solutions among Small and Medium Enterprises (SMEs), and the growing reliance on social media for business operations presents promising prospects for the integration of Artificial Intelligence (AI) in the cybersecurity landscape. Conversely, substantial constraints hinder market dynamics, encompassing AI's inherent limitations in effectively mitigating zero-day and advanced threats, along with a notable rise in insider cyber threats. Key challenges include the scarcity of proficient cybersecurity and AI professionals, interoperability issues with existing information systems, and inherent shortcomings within AI technologies in the cybersecurity domain.

• Published: December 2023

Market Leadership - Dairy Processing Equipment Market

The market for dairy processing equipment is projected to grow at a CAGR of 6.2% to reach USD 14.4 billion by 2028 from 10.7 billion in 2023. The dairy processing equipment market is experiencing substantial growth for several interconnected reasons. As consumers seek a wider variety of dairy-based products, manufacturers are compelled to invest in advanced processing equipment to meet these evolving preferences. Additionally, there is a growing awareness of the health benefits associated with dairy consumption, further boosting demand. Technological advancements play a pivotal role, with modern processing equipment enhancing efficiency, ensuring product safety, and meeting stringent quality standards. Moreover, the trend towards automation in dairy processing not only improves productivity but also reduces operational costs. The emergence of new dairy markets and the demand for value-added products further contribute to the expansion of the dairy processing equipment market, making it a dynamic and thriving industry.

• Published: December 2023

Top Companies in Electric Construction Equipment Market - Caterpillar Inc. (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Sweden), Hitachi Construction Machinery Co., Ltd. (Japan) and JCB (UK)

The electric construction equipment market is expected to reach USD 6.07 billion by 2032, from USD 2.45 billion in 2025, with a CAGR of 13.8%. This growth is primarily driven by increased stringency of emission regulations, reduced ventilation costs in underground mining due to electric equipment, and the preference for low-noise construction machines in residential areas. Key players operating in the electric construction equipment market are Caterpillar Inc. (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Sweden), Hitachi Construction Machinery Co., Ltd. (Japan), and JCB (UK). Between 2022 and 2025, the most popular strategies used by big players were joint ventures, partnerships, and product developments. These strategies allowed them to expand their clientele and reinvent their product offerings.

• Published: December 2023

Artificial Intelligence in Cybersecurity Industry - Trends Transforming the Future

The artificial intelligence in cybersecurity market is expand at a compound annual growth rate (CAGR) of 21.9%, from USD 22.4 billion in 2023 to USD 60.6 billion by 2028. The market's upward trajectory is driven by pivotal factors, notably the widespread integration of the Internet of Things (IoT) and the escalating proliferation of connected devices.

• Published: December 2023

Artificial Intelligence in Cybersecurity Market - Size and Share Overview

The global market for AI in Cybersecurity is projected to grow from USD  22.4 billion in 2023 to USD 60.6 billion by 2028, at a CAGR of 21.9% during the forecast period. 

• Published: December 2023