Research Insight

Top Food Additives Companies - Cargill, Incorporated (US), BASF SE (Germany) and Ingredion Incorporated (US)

The global food additives market size is estimated to be valued at USD 73.4 billion in 2023 and is projected to reach USD 96.3 billion by 2028, recording a CAGR of 5.6% in terms of value. The demand for food additives is on the rise due to surge in demand for food additives propelled by evolving consumer preferences, increased consumption of processed foods, and the desire for extended shelf life. As the food industry innovates to meet diverse needs, the use of additives becomes integral to enhancing flavors, textures, and overall product quality.

• Published: December 2023

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

Top Companies in Veterinary Imaging Market: Carestream Health (US) and GE Healthcare (US) are the Leading players

The global veterinary imaging market is projected to reach USD 2.9 billion by 2029 from USD 1.9 billion in 2023, growing at a CAGR of 7.2% during the forecast period. Growth in the global veterinary imaging market will primarily be driven by various factors. Firstly, the booming pet population, particularly in developed nations, fuels demand for advanced diagnostics. Rising disposable incomes and increasing awareness of pet health contribute to this surge. Secondly, the growing prevalence of chronic illnesses among animals, including cancers and cardiovascular diseases, necessitates accurate diagnosis and treatment planning, propelling the adoption of imaging technologies. Additionally, advancements in veterinary imaging itself, such as miniaturized scanners and AI-powered image analysis, enhance diagnostic accuracy and appeal to both veterinarians and pet owners. Finally, the rising adoption of pet insurance lessens financial constraints, further unlocking market potential. This multifaceted growth trajectory positions the veterinary imaging market for continued expansion in the coming years.

• Published: December 2023

Wood-plastic Composites Companies - Trex Company, Inc. (US) and MoistureShield (US) are Leading Players in the Wood-plastic Composites Market

The wood-plastic composites market is projected to grow from USD 7.5 billion in 2023 to USD 11.9 billion by 2028, at a CAGR of 9.8% during the forecast period. The wood-plastic composites market is continuously growing with a significant growth rate due to its increasing demand from various applications, such as building & construction products, automotive components, industrial & consumer goods, and many others. North America, Europe and Asia Pacific are major markets for wood-plastic composites. The ecofriendly nature along with efficient properties makes wood-plastic composites preferable material under various end-use industries.

• Published: December 2023

Marine Onboard Communication and Control Systems Companies - Emerson Electric Co. (US) and Wartsila (Finland) are the Key Players

The Marine Onboard Communication and Control Systems market is valued at USD 8.6 billion in 2023 and is projected to reach USD 12.3 billion by 2028, at a CAGR of 7.3% from 2023 to 2028. The market growth is driven by increasing seaborne trade globally and increase in tourism which leads in the development of various marine vessels. To comply with the regulatory standards and for operational efficiency the demand for various marine control systems is rising. The cyber secured communication needs for navies driving the growth of the marine onboard communication and control systems market.

• Published: December 2023

RF-Over-Fiber Companies - Coherent Corp. (US) and HUBER+SUHNER (Switzerland) are the Leading Manufacturers

The global RF-over-Fiber market is expected to be valued at USD 670 million in 2024 and is projected to reach USD 981 million by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. Market participants have adeptly addressed rising RF-over-Fiber 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: December 2023

Growth Factors in the 5G NTN Market

Over the course of the projection period, the 5G NTN market is expected to increase at a CAGR of 40.7%, from USD 4.2 billion in 2023 to USD 23.5 billion by 2028. NTN solutions, including satellites, are an important part of the 5G ecosystem because of the growing need for pervasive and dependable connectivity brought about by the expansion of the Internet of Things (IoT) and machine-to-machine (M2M) communication.

• Published: December 2023

Emerging Trends in the Global Hosted PBX Market

At a Compound Annual Growth Rate (CAGR) of 16.8%, the size of the global hosted PBX market is expected to increase from USD 11.5 billion in 2023 to USD 24.9 billion by 2028. The hosted PBX market's growth is driven by its innate ability to eliminate the need for large upfront investments that come with traditional phone systems. Businesses can avoid the high costs of purchasing and maintaining large on-premises phone infrastructure by implementing a hosted PBX service. This affordable substitute simplifies financial concerns and offers a means for enterprises of any size to obtain sophisticated communication functionalities without the substantial upfront costs usually connected with traditional systems.

• Published: December 2023

AWS (US) and Cloudflare (US) are leading players in Managed DNS Market

The managed DNS market size is projected to grow from USD 0.6 billion in 2023 to USD 1.3 billion by 2028, at a CAGR of 18.1% during the forecast period. The growing number of internet users globally is a significant driver for the demand for managed DNS. As more businesses establish an online presence, reliable and efficient DNS services become crucial.

• Published: December 2023

Top Companies in Hosted PBX Industry - RingCentral (US), 8x8 (US) | MarketsandMarkets

The global hosted PBX market size is projected to grow from USD 11.5 billion in 2023 to USD 24.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.8%. The ascendancy of the hosted PBX market is fueled by its inherent capacity to prevent the necessity for substantial initial investments inherent in traditional phone systems. By adopting a hosted PBX solution, businesses can eschew the financial burdens associated with procuring and maintaining extensive on-premises telephony infrastructure. This cost-effective alternative streamlines budgetary considerations and provides a pathway for organizations, regardless of size, to access advanced communication features without the weighty capital expenditure typically associated with conventional systems. This financial agility, characterized by eliminating significant upfront costs, stands as a potent driving force behind the burgeoning popularity and growth of the hosted PBX market.

• Published: December 2023

Top Companies in Clinical Alarm Management Market: Koninklijke Philips N.V. (Netherlands) and Drägerwerk AG & Co. KGaA (Germany) are the Leading Players

The global clinical alarm management market is projected to reach USD 5.4 billion by 2028 from USD 2.7 billion in 2023, at a CAGR of 14.5% during the forecast period. Growth in this market is primarily driven by increasing focus on patient safety and the need to prevent adverse events, stricter regulatory standards and guidelines related to alarm management, and interoperability & integration improvements in healthcare. However, the concerns about data breaches, unauthorized access, or cybersecurity threats are expected to hamper the growth of this market during the forecast period to a certain extent.

• Published: December 2023

Concrete Admixtures Companies - Market Leaders in Concrete Admixtures Market

In terms of value, the concrete admixtures market is estimated to grow from USD 18.6 billion in 2023 to USD 25.9 billion by 2028, at a CAGR of 6.9%. Concrete admixtures have grown in popularity as the enriched quality of construction and urbanization has increased tremendously worldwide in the last two decades. These factors drive the concrete admixtures market.

• Published: December 2023

Top Mobile Application Security Testing Companies - HCLTech (India), OpenText (Canada) and Qualys (US) | MarketsandMarkets

The global mobile application security testing (MAST) market is estimated to be worth USD 0.9 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 28.3% during the forecast period. There is a growing dependence on mobile applications for various activities, including financial transactions, communication, and data storage. As the usage of mobile apps increases, so does the attractiveness of these platforms to attackers seeking to exploit security weaknesses. Additionally, the diversity of mobile devices and operating systems adds complexity, making it crucial to assess security across different environments. Regulatory requirements and increasing awareness of data privacy issues also drive the need for robust mobile application security testing as organizations strive to comply with standards and safeguard user information. Proactively addressing security concerns through comprehensive testing helps mitigate risks, build user trust, and ensure the overall integrity of mobile applications in an evolving threat model.

• Published: December 2023

Green Preservatives Companies - Kerry Group (Ireland) and Kemin Industries, Inc. (US) are Leading Players in the Green Preservatives Market

In terms of value, the green preservatives market is estimated to grow from USD 1.1 billion in 2023 to USD 1.5 billion by 2028, at a CAGR of 7.1%. Rising demand for natural preservatives from industries such as food & beverage, personal care & cosmetic, cleaning industry, pharmaceuticals, and others for a variety of applications is leading the market. During the forecast period, this is anticipated to expand the green preservatives market even more.

• Published: December 2023

Foremost Companies in the Tissue Engineering Market: AbbVie Inc. (US) and Baxter (US)

The tissue engineering market is projected to reach USD 8.9 billion by 2028 from an estimated USD 4.4 billion in 2023, at a CAGR of 15.3% during the forecast period. The major factors driving the growth of this tissue engineering market include increasing demand for regenerative medicines, growing investments for the developments of the biopharmaceutical field, and increasing incidence and prevalence of chronic and degenerative diseases.

• Published: December 2023

Mobile Application Security Testing Industry - Emerging Trends Shaping the Future

The mobile application security testing (MAST) market is expected to grow at a compound annual growth rate (CAGR) of 28.3% from its anticipated USD 0.9 billion in 2023 to USD 3.2 billion by 2028. There is a growing dependence on mobile applications for various activities, including financial transactions, communication, and data storage. As the usage of mobile apps increases, so does the attractiveness of these platforms to attackers seeking to exploit security weaknesses.

• Published: December 2023

Mobile Application Security Testing Market - Size and Share Analysis

The global mobile application security testing (MAST) market size is expected to reach USD 3.2 billion by 2028 from USD 0.9 billion in 2023 to grow at a CAGR of 28.3%.

• Published: December 2023

Top Companies in Base Editing Market: Danaher Corporation (US) and Beam Therapeutics (US) are the Leading Players

The base editing market is projected to reach USD 549 million by 2028 from an estimated USD 270 million in 2023, at a CAGR of 15.2% during the forecast period. The base editing market is driven by its precision in genetic modification for therapeutic use, facilitated by ongoing R&D, collaborations between sectors, and substantial investments. Its potential spans disease-specific treatments, regulatory compliance, and diverse applications in agriculture, industry, and oncology, shaping its growth trajectory.

• Published: December 2023

Top Companies in Patient Engagement Solutions Market - McKesson Corporation (US) and Veradigm (US) are the Leading Players

The patient engagement solutions market is projected to reach USD 41.8 billion by 2028 from USD 22.5 billion in 2023, at a CAGR of 13.2% during the forecast period. The growth of this market is propelled by the embrace of government regulations and initiatives aimed at fostering patient-centric care, coupled with the increasing utilization of mobile health (m-health) applications. Nonetheless, the substantial investments needed for healthcare infrastructure and a scarcity of skilled IT professionals in the healthcare sector are anticipated to hinder the market's growth in the forecast period.

• Published: December 2023

Market Leaders - Stem Cell Therapy Market

The stem cell therapy market is projected to reach USD 615 million by 2028 from USD 286 million in 2023, at a CAGR of 16.5% during the forecast period. Increased research funding for stem cell research coupled with huge number of candidates under clinical pipeline studies are some of the major factors propelling the stem cell therapy market growth.

• Published: December 2023

Dairy Processing Equipment Industry - Upcoming Growth Trends in the Global Market

The global dairy processing equipment market size, valued at USD 10.7 billion in 2023, showcases a significant growth projection, anticipated to reach to USD 14.4 billion by 2028, indicating a steady compound annual growth rate (CAGR) of 6.2% during the forecast period.

• Published: December 2023

Dairy Processing Equipment Market Size & Share - Future Growth Prediction

The global dairy processing equipment market size, valued at USD 10.7 billion in 2023, showcases a significant growth projection, anticipated to reach to USD 14.4 billion by 2028, indicating a steady compound annual growth rate (CAGR) of 6.2% during the forecast period.

• Published: December 2023

Koninklijke Philips N.V (Netherlands), Oracle Corporation (US), GE Healthcare (US), and Masimo Corporation (US) are the leading players in the Medical Device Connectivity Market

The medical device connectivity market is projected to reach USD 7.4 billion by 2028 from USD 2.6 billion in 2023, at a CAGR of 21.5%. This market is growing because hospitals and healthcare organizations need better connections between their different parts. They're using tools to link departments and systems together. As more hospitals use electronic medical records and make changes in healthcare technology, it's becoming more crucial to merge complex sets of data. The market for devices that connect medical tools is also growing because of COVID-19, higher healthcare expenses, strong government support, the need for better data analysis in healthcare, and a bigger focus on giving good care and keeping patients safe. However, the cost to set up these tools and some healthcare workers being unsure about using advanced technology might slow down this market's growth a bit.

• Published: December 2023

Smith+Nephew (UK) and Vericel Corporation (US) are Leading players in the Cartilage Repair/Cartilage Regeneration Market

The global Cartilage Repair/Cartilage Regeneration Market is projected to reach USD 2.8 billion by 2028 from USD 1.3 billion in 2023, at a CAGR of 17.2% during the forecast period. Growth in this market is mainly driven by the increasing prevalence of osteoarthritis, the increasing number of sports and accident-related orthopedic injuries and technological advancements cartilage repair market.

• Published: December 2023

Medical Foam Companies - Dow Chemical Company (US) and Sekisui Chemical Co., Ltd. (Japan) are Leading players in the Medical Foam Market

The medical foam market is projected to grow from USD 33.0 billion in 2023 to USD 43.3 billion by 2028, at a CAGR of 5.6% from 2023 to 2028. The bedding & cushioning segment was the largest application of medical foam owing to a rise in the geriatric population and an increase in health-related concerns in the aged population, leading to a high demand for comfort and orthopedic support. The increase in the health expenditure of several countries has led to growth in the market for medical foam.

• Published: December 2023

Ball Valves Companies - Emerson Electric Co. (US) and Flowserve Corporation (US) are the Key Players

The global Ball Valves market is expected to grow from USD 13.6 billion in 2023 to USD 17.0 billion by 2028, registering a CAGR of 4.6%. Industrial growth, energy demands, infrastructure development, technological advancements, water treatment needs, safety regulations, and globalization fuel the ball valves market, driven by their reliability in various sectors like oil & gas, power, and water management.

• Published: December 2023

Cable Blowing Equipment Companies - Plumettaz S.A. (Switzerland) and Condux International, Inc. (US) are the Key Players

The cable blowing equipment market is projected to grow from USD 108 million in 2023 and is projected to reach USD 136 million by 2028; it is expected to grow at a CAGR of 4.7% from 2023 to 2028.

• Published: December 2023

Sterile Medical Packaging Companies - Amcor plc (Switzerland) and Berry Global Group, Inc. (US) are Leading Players in the Sterile Medical Packaging Market

The sterile medical packaging market is projected to grow from USD  57.5 billion in 2023 to USD  94.6 billion by 2028 at a CAGR of 10.5%. Sterile medical packaging refers to packaging materials and systems that are designed and manufactured to maintain a sterile environment for medical devices, instruments, or pharmaceutical products. The primary purpose of sterile medical packaging is to protect the contents from contamination and maintain their sterility until the point of use. The sterile medical packaging market is propelled by several key drivers, including the increasing demand for advanced healthcare solutions, stringent regulatory requirements, and the growing emphasis on infection control in medical settings. The rise in surgical procedures, coupled with the expanding pharmaceutical and biotechnology industries, fuels the need for sterile packaging to ensure the integrity and safety of medical devices and pharmaceutical products.

• Published: December 2023

Commercial Touch Display Companies - SAMSUNG (South Korea) and LEYARD (China) are the Key Players

The global commercial touch display market is projected to grow from USD 5.8 billion in 2024 to USD 8.7 billion by 2029, registering a CAGR of 8.6% during the forecast period. The swift integration of digital healthcare solutions and electronic health records has increased the need for sophisticated display systems in medical environments. The rise of telemedicine applications and the incorporation of touch displays in remote healthcare scenarios have further propelled this growth. These advancements facilitate dynamic and collaborative interactions between healthcare professionals and patient data, enhancing the overall efficiency of healthcare delivery.

• Published: December 2023

Household Robots Companies - iRobot Corporation (US) and Ecovacs Robotics Co., Ltd. (China) are the Leading Manufacturers

Household Robots market size is valued at USD 10.3 billion in 2023 and is anticipated to be USD 24.5 billion by 2028, growing at a CAGR of 18.8% from 2023 to 2028. Factors such as ongoing increasing demand for the domestic segment are driving the growth of the market during the forecast period. Consumers seek convenience in their daily lives, and household robots offer solutions by automating tasks such as vacuuming, mopping, lawn mowing, and even pet care. These robots save time and effort for individuals with busy lifestyles.

• Published: December 2023

Hydrogen Pipeline Companies - Hexagon Purus (Norway) and ArcelorMittal (Luxembourg) are Leading players in the Hydrogen Pipeline Market

The Hydrogen pipeline market is projected to grow from USD 9.1 billion in 2023 to USD 25.7 billion by 2030, at a CAGR of 16.0% from 2023 to 2030. Government support and policies are pivotal drivers for the hydrogen pipeline market's growth. Substantial support in funding, subsidies, and regulatory frameworks incentivizes investments in hydrogen-related projects, fostering the development of pipelines. Simultaneously, the growing adoption of hydrogen across diverse industries, including energy, transportation, and manufacturing, fuels the demand for extensive pipeline networks. With hydrogen playing a key role in applications like power generation, industrial processes, and chemical production, efficient pipelines become essential for its transportation over longer distances.

• Published: December 2023

Dry Ramming Mass Companies - Saint-Gobain (France) and Dense Refractories Co., Ltd. (China) are Leading Players in the Dry Ramming Mass Market

The dry ramming mass market is projected to reach USD 3.2 billion by 2028, at a CAGR of 6.8% from USD 2.3 billion in 2023. The market growth is driven by factors such as global expansion of the steel industry, enhanced cost and operational efficiency and continuous technological advancements. Dry ramming mass is a versatile and durable material that offers a number of benefits over traditional construction methods.

• Published: December 2023

Airport Automation Companies - Daifuku Co. Ltd. (Japan) and Collins Aerospace (US) are the Key Players

The Airport Automation Market  size is projected to grow from USD 5.8 Billion in 2023 to USD 7.7 Billion by 2028, at a CAGR of 5.8 % from 2023 to 2028. Automation can lead to cost savings for airports by reducing the need for manual labor and increasing overall operational efficiency. Automated systems can help manage increased passenger volumes without a proportional increase in staffing levels.

• Published: December 2023

Immersion Cooling Fluids Companies - Nynas AB (Sweden) and Ergon, Inc. (US) are Leading Players in the Immersion Cooling Fluids Market

The Immersion cooling fluids market is estimated to be USD 1.8 billion in 2023 and is projected to reach USD 3.2 billion by 2030, at a CAGR of 8.2% from 2023 to 2030. In high-density computing applications where conventional cooling techniques might not be able to meet performance requirements, immersion cooling is an ideal choice. There is an increasing need for efficient and effective cooling technologies, such as immersion cooling, as data centers adapt to meet more demanding workloads.

• Published: December 2023

Hybrid Boats Companies - Brunswick Corporation (US) and Groupe Beneteau (France) are the Key Players

The market for hybrid boats is projected to be USD 1.7 billion in 2023 and is estimated to reach USD 2.7 billion by 2028, at a CAGR of 10.4% during the forecast period. The growth of the hybrid boat market is due to an increase in the need for sustainable transportation, technological advancements in hybrid boats, and an increasing focus on safety and comfortable fleets.

• Published: December 2023

In-Plant Logistics Companies - Daifuku Co., Ltd. (Japan) and JBT (US) are the Key Players

The in-plant logistics market is estimated to be worth USD 12.3 billion in 2023 and is projected to reach USD 19.5 billion by 2028 at a CAGR of 9.7% during the forecast period. Companies are increasingly focusing on operational efficiency and cost-effectiveness within manufacturing facilities, leading to a rising demand for sophisticated in-plant logistics solutions.

• Published: December 2023

Key Factors Driving Growth in Property Management Market

During the projection period, the worldwide property management market is expected to grow at a compound annual growth rate (CAGR) of 8.0%, from an estimated USD 24.7 billion in 2023 to USD 36.4 billion by 2028.

• Published: December 2023

Emerging Trends in Property Management Market: Technology, Sustainability, and Remote Solutions

The property management market is expected to grow at a compound annual growth rate (CAGR) of 8.0% over the course of the forecast period, from an anticipated USD 24.7 billion in 2023 to USD 36.4 billion by 2028.

• Published: December 2023

Furfural Companies - Central Romana Corporation (Dominican Republic) and Lenzing AG(Austria) are Leading Players in the Furfural Market

The Global Furfural Market size is projected to grow from USD 662 million in 2023 to USD 767 million by 2028, at a CAGR of 2.9% from 2023 to 2028.

• Published: December 2023

Emerging Trends & Growth Factors in the Global 5G Services Market

At a Compound Annual Growth Rate (CAGR) of 52.4%, the size of the global market for 5G services is expected to increase from USD 121.8 billion in 2023 to USD 1,002.3 billion by 2028. Artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) are examples of disruptive technologies whose success depends on reliable, fast internet, of which 5G is a key enabler. Apps that depend on responsive and seamless connectivity are becoming more and more common thanks to 5G's capabilities, which include significantly faster data transfer rates, low latency, and the capacity to connect a large number of devices at once.

Within the realm of artificial intelligence, 5G enables the quick sharing of substantial datasets that are essential for developing complex machine learning models and promoting advancements in decision-making and predictive analytics. 5G's low latency guarantees real-time responsiveness for AR and VR apps, resulting in immersive and interactive experiences that go beyond entertainment to include virtual simulations, remote training, and collaborative workplaces. Together, 5G and these new technologies are accelerating technical progress and creating new opportunities for innovative applications that might completely transform industries and change how we view and engage with the digital world.

• Published: December 2023

5G Services Market Soar: Top 10 Factors Driving Growth

The size of the global market for 5G services is expected to increase at a compound annual growth rate (CAGR) of 52.4%, from USD 121.8 billion in 2023 to USD 1,002.3 billion by 2028. The development of disruptive technologies like virtual reality (VR), augmented reality (AR), and artificial intelligence (AI) depends on reliable, fast internet, and 5G is one of the key enablers. The development and broad adoption of applications that depend on responsive and seamless connectivity are accelerated by 5G's capabilities, which include significantly faster data transfer rates, low latency, and the capacity to connect a large number of devices at once.

• Published: December 2023

Signing Off on Paper? The Rise of Digital Signatures in a Digital Age

The global digital signature market is expected to increase from USD 7.4 billion in 2023 to USD 34.8 billion by 2028, at a CAGR of 36.4% over the forecast period. Several main factors drive the digital signature market. These include an increase in digital fraud cases, stricter controls, and data privacy legislation. Furthermore, the increase in eCommerce activities and broad use of remote work are driving up demand for digital signatures. These tools not only provide safe authentication, but they also help to make workflows more efficient and simplified. This confluence of reasons is driving the widespread adoption and expansion of digital signature technologies.

• Published: December 2023

Emerging Trends in the Global Digital Signature Market

The global digital signature market is expected to increase from USD 7.4 billion in 2023 to USD 34.8 billion by 2028, with a CAGR of 36.4% over the forecast period. Several main factors are driving the digital signature market. These include an increase in digital fraud incidences, stricter controls, and data privacy legislation. Furthermore, the growth in eCommerce activities and broad acceptance of remote work are driving up demand for digital signatures. These systems not only provide secure authentication, but also help to make operations more efficient and simplified. This confluence of reasons is driving the broad adoption and expansion of digital signature technologies.

• Published: December 2023

Head Mounted Display (HMD) Companies - Meta (US) and Sony (Japan) are the Key Players

The Head-mounted Display (HMD) Market is projected to reach USD 26.4 billion by 2029 from USD 7.5 billion in 2024 at a CAGR of 28.8% during the forecast period. Growing investments by significant key players in the development of HMD, availability of low-cost HMDs, growing demand for AR and VR, technological advancements and growing digitalization, and Affordable microdisplay prices are some of the major factors driving the market growth.

• Published: December 2023

Top Companies in Shredder Blades Industry - Saturn Machine Knives Ltd (UK), Miheu d.o.o. (Slovenia), KAMADUR industrial knives B.V. (Netherlands), WANROOE MACHINERY CO., LTD. (China), Fordura China (China)

The shredder blades market is projected to reach USD 557 million by 2028 from an estimated USD 431 million in 2023, at a CAGR of 5.3% during the forecast period. Rising waste, financial awareness of recycling business and technological advancements plays a crucial role in shaping the shredder blades market dynamics.

• Published: December 2023

Top Companies in Antibody Therapeutics Market: Hoffmann-La Roche Ltd. (Switzerland) and AbbVie Inc. (US) are the Leading Players

The global antibody therapeutics market is projected to reach USD 479.0 billion by 2028 from USD 247.3 billion in 2023, at a CAGR of 14.1% during the 2023-2028 forecast period. Factors supporting the market growth include the growing initiatives towards advancements in antibody engineering, growing demand for oncology antibody therapeutics and growing clinical pipeline focus on antibody therapeutics among others. However, stringent regulations might restrain growth to a certain extent.

• Published: December 2023

Top Companies in Automotive Paints Industry - PPG Industries LLC. (US) and BASF SE (Germany) are Leading Players

The automotive paints market is projected to reach USD 9.9 billion by 2028 from an estimated USD 8.4 billion in 2023, at a CAGR of 3.2% during the forecast period. The automotive paints market is witnessing a significant growth dut to increase in sales of SUVs and EVs across the regions. Also, there is increase in adoption for powder coating and water-borne coating technologies in automotive sector to reduce the environmental impact. Hence these factors is driving the automotive paints market.

• Published: December 2023

IBM (US), Fujitsu (Japan), Cisco (US), Dell Technologies, and HPE (US) are among the leading players operating in the Cloud-based Data Management Services Market

The cloud-based data management services market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 28.7% during the forecast period, to reach USD 141.7 billion by 2028 from USD 40.2 billion in 2023. The rise in digital transformation and the need for risk and data management is expected to drive the growth of the global cloud-based data management services market.

• Published: December 2023

Top Companies in Blower Industry - Atlas Copco (Sweden), Ingersoll Rand (US) and Kaeser Kompressoren (Germany)

The global blower market is projected to reach USD 4.6 billion by 2028 from an estimated USD 3.7 billion in 2023, at a CAGR of 4.8% during the forecast period. The global market for blowers is propelled by escalating demand in industries such as food and beverage, cement, wastewater treatment, and many more. Increasing emphasis on energy efficiency, stringent environmental regulations, and growing infrastructural developments worldwide contribute to the rising adoption of blowers, driving market expansion and technological advancements.

• Published: December 2023

3M Company (US) and Johnson & Johnson (US) are Leading Players in the Medical Stick-to-Skin Adhesives Market

The global medical stick-to-skin adhesives market is projected to reach USD 3.7 billion by 2029 from USD 2.4 billion in 2023, growing at a CAGR of 7.5% during the forecast period. Growth in the global medical stick-to-skin adhesives market will primarily be driven by the increasing demand for minimally invasive surgical procedures, growing preference for non-invasive wound closure methods and increasing aging population. However, regulatory compliance and safety concerns and the high cost of advanced adhesive products are expected to restrain the growth of this market to a certain extent. Challenges to this market's growth include ensuring adhesion and skin-friendliness and maintaining long-term adhesion.

• Published: December 2023