Research Insight

Siemens Healthineers (Germany) and GE HealthCare (US) are Leading Players in the Diagnostic Imaging Market

The global diagnostic imaging market is projected to reach USD 32.90 billion by 2030 from USD 26.51 billion in 2025, at a CAGR of 4.4% from 2025 to 2030. The growing prevalence of targeted diseases and technological advancements are driving market growth. There is an increasing demand for noninvasive diagnostic methods, such as breast cancer screening (mammography) and lung cancer screening (low-dose CT), which is contributing to a rise in imaging volume for various conditions.

• Published: September 2023

Aramid Fiber Companies - Teijin Limited (Japan) and DuPont de Numerous, Inc. (US) are Leading Players in the Aramid Fiber Market

In terms of value, the aramid fiber market is estimated to grow from USD 4.7 billion in 2023 to USD 7.6 billion by 2028, at a CAGR of 9.9%. Rising demand for lightweight and flexible materials from the industries such as automotive, military and defense for variety of applications is leading the market. In addition, most of the key industry players looking for alternative materials that are lightweight, strong, and fuel-efficient as there are limitations concerning to the reduction of carbon emissions. During the forecast period, this is anticipated to fuel the aramid fiber market even more. In contrast, the market growth is being constrained by expensive R&D expenses and the non-biodegradability of aramid fibers.

• Published: September 2023

Moderna, Inc. (US) and Alnylam Pharmaceuticals, Inc. (US) are Leading Players in the RNA Therapeutics Market

The RNA therapeutics market is projected to grow from USD 13.7 billion in 2023 to USD 18.0 billion by 2028 at a CAGR of 5.6%. RNA therapeutics have diverse abilities to target the desired protein/gene, and the ongoing research in RNA modification and delivery systems has helped in developing unique RNA-based formulations. As of 2022, the use of RNA therapeutics is approved for indications such as COVID-19, hemophilia A and B, cholesterol reduction, spinal muscular atrophy (SMA), polyneuropathy of hereditary transthyretin-mediated amyloidosis-(ATTR), and familial chylomicronaemia syndrome (FCS).

• Published: September 2023

Broadcast Equipment Companies - Cisco Systems Inc., (US) and Telefonaktiebolaget LM Ericsson (Sweden) are the Key Players

The global broadcast equipment market to grow from USD 5.2 billion in 2023 to USD 6.7 billion in 2028 at a CAGR of 5.3% during the forecast period.  Transition from analog to digital broadcasting and growing investments in content production are the major driving factors for the growth of the broadcast equipment market.

• Published: September 2023

ADvault, Inc.(US) and VyncaCare (US) are Leading Players in the Advance Directives Market

The global advance directives market is projected to reach USD 291.1 billion by 2028 from USD 122.9 billion in 2023, at a high CAGR of 18.8% during the forecast period. Factors such as increasing investment for in advance directives, rising government initiatives, rising availability of advance directives solutions that enable cost cutting are expected to drive market growth in the coming years. However, lack of awareness and education, cultural and communication barriers are some of the key factors restraining the growth of the advance directives market.

• Published: September 2023

Pharmaceutical Grade Lithium Carbonate Companies - Livent Corporation (US) and Albemarle Corporation (US) are Leading Players in the Pharmaceutical Grade Lithium Carbonate Market

The pharmaceutical grade lithium carbonate market is projected to grow from USD 141 million in 2023 to USD 166 million by 2028, at a CAGR of 3.3% from 2023 to 2028. Pharmaceutical grade lithium carbonate is a drug primarily utilized to treat mood disorders such as bipolar disorder and depression. It is a type of lithium, an alkali metal with been shown to have mood stabilizing properties. The most frequently prescribed form of lithium medicine is lithium carbonate.

• Published: September 2023

Siemens Healthineers AG (Germany) and GE Healthcare Company (US) are Leadig Players in the Image-Guided Radiation Therapy Market

The global image-guided radiation therapy market is projected to reach USD 2.4 billion by 2028 from USD 1.9 billion in 2023, growing at a CAGR of 5.2% during the forecast period. Cancers, such as head and neck cancer, prostate cancer, lung cancer, and breast cancer diseases, are on the rise globally. Image-guided radiation therapy is extensively used in non-invasive cancer treatments, including radiation therapy, to treat these conditions. The growing burden of cancer is driving the demand for image-guided radiation therapy. Increasing awareness and availability of non-invasive treatments, rising demand for image-guided radiation therapy, and Increasing government initiatives to manage cancerous diseases in healthcare are a few drivers that collectively contribute to the growth of the image-guided radiation therapy market, and as healthcare technologies continue to evolve, the demand for image-guided radiation therapy is expected to rise further in the coming years. However, higher initial investment cost limits the entry of new participants and market growth.

• Published: September 2023

Nanofiltration Membrane Companies - DuPont Water Solutions (US) and Toray Industries, Inc. (Japan) are Leading Players in the Nanofiltration Membrane Market

The nanofiltration membrane market is projected to reach USD 1.7 billion by 2028, at a CAGR of 10.8% from USD 1.0 billion in 2023. The growth of the global nanofiltration membrane market is driven by rising industrialization and urbanization, declining freshwater resources, and low energy consumption in nanofiltration. The demand for nanofiltration membranes is driven by the need for effective water treatment solutions. Nanofiltration is used to remove contaminants, such as bacteria, viruses, and organic compounds, from water, making it safe for consumption.

• Published: September 2023

Bio-Rad Laboratories, Inc. (US) and QuidelOrtho Corporation (US) are Leading Players in the Blood Group Typing Market

The blood group typing market is valued at an estimated USD 2.0 billion in 2023 and is projected to reach USD 3.0 billion by 2028 at a CAGR of 8.7% during the forecast period. Market growth is largely driven by the increasing prevalence of chronic diseases and the rising number of surgical procedures necessitating the need for blood donations.

• Published: September 2023

Conformal Coating Companies - Henkel AG & CO. KGAA (Germany) and Illinois Tool Works Inc. (US) are Leading Players in the Conformal Coating Market

The Conformal coatings market size is estimated to be USD 1.4 billion in 2023, and it is projected to reach USD 1.8 billion by 2028 at a CAGR of 5.3%. Conformal coatings refer to thin layers of protective material that are applied to electronic components and circuit boards. The primary purpose of these coatings is to shield these components from a range of environmental factors, including moisture, dust, chemicals, and temperature fluctuations. What sets conformal coatings apart is their ability to seamlessly "conform" to the intricate contours of the components and boards, creating a uniform and continuous protective barrier. These applications span sectors like electronics manufacturing, where circuit boards and connectors receive coatings to fend off moisture and contaminants, ensuring the continued functionality of devices. The automotive realm benefits from these coatings, too, as they shield sensitive electronics from the unforgiving conditions within vehicles, including temperature fluctuations and vibrations, critical for maintaining automotive control systems and entertainment setups. Similarly, aerospace and defense heavily rely on conformal coatings to protect electronics from the rigorous conditions inherent to aircraft, satellites, and military equipment. These coatings prove indispensable in medical devices, enhancing their reliability and safety by guarding against moisture, bodily fluids, and chemicals. Furthermore, industrial electronics, telecommunications, consumer electronics, LED lighting, and renewable energy systems all leverage conformal coatings to extend the lifespan and resilience of electronic components in their respective domains. In each application, the chosen coating material and application technique are tailored to meet the specific challenges and requirements posed by the industry and environment. The market is segmented on the basis of type, such as acrylic, silicone, epoxy, urethane, perylene, and others. The Conformal coatings are used in several end-use industries such as automotive & transportation, electronics, Industrial, aerospace, telecommunication, and others.

• Published: September 2023

Vapor Deposition Companies - Market Leader - Vapor Deposition Market

MarketsandMarkets projects that the global vapor deposition market will grow from USD 42.6 billion in 2023 to USD 66.1 billion by 2028, at a CAGR of 9.2%, during the forecast period. The vapor deposition market is experiencing a dynamic evolution, driven by a series of prominent trends that are reshaping the landscape of industrial manufacturing. One of the most striking trends is the increasing integration of automation and digitization into vapor deposition processes. As industries strive for precision and efficiency, automation technologies are being employed to enhance control, reduce human error, and optimize coating consistency. Moreover, the growing emphasis on sustainability has led to the development of environmentally friendly deposition techniques and the utilization of eco-conscious materials, aligning with global efforts toward greener practices.

• Published: September 2023

Top B2B Digital Payment Companies - PayPal, Fiserv, FIS, Global Payments and ACI Worldwide

The B2B digital payment market size is projected to grow from USD 4.2 billion in 2023 to USD 8.2 billion by 2028, at a CAGR of 14.3% during the forecast period. B2B digital payments offer a faster and more efficient way to settle transactions compared to traditional paper-based methods. Electronic payments can significantly reduce processing time, manual errors, and administrative costs associated with traditional checks or invoices.

Major B2B Digital Payment Companies Include

• PayPal (US)
• Fiserv (US)
• FIS (US)
• Global Payments (US)
• ACI Worldwide (US)

• Published: September 2023

Managed Services on the Rise: Top Drivers for Market Growth

In terms of revenue, the managed services market is estimated to rise from USD 275.5 billion in 2023 to USD 372.6 billion by 2028, with a compound yearly growth rate (CAGR) of 6.2% throughout the forecast period. Managed services are defined as outsourcing specific company processes or functions to third-party vendors. These providers, known as MSPs, are in charge of administering, monitoring, and optimising these services, allowing organisations to focus on their core skills. Managed services cover a wide range of areas, including IT infrastructure management, cybersecurity, cloud computing, network monitoring, data storage, and system management.

• Published: September 2023

Managed Services Market Trends: The Future of IT Outsourcing

In terms of revenue, the managed services market is predicted to increase from USD 275.5 billion in 2023 to USD 372.6 billion by 2028, with a compound yearly growth rate (CAGR) of 6.2% throughout the forecast period. Managed services relate to the outsourcing of specific business operations or functions to third-party companies. These providers, known as MSPs, are in charge of administering, monitoring, and optimising these services, allowing businesses to focus on their core skills. Managed services cover a wide range of topics, including IT infrastructure management, cybersecurity, cloud computing, network monitoring, data storage, and system administration.

• Published: September 2023

Emerging Trends in Global Anti-Money Laundering (AML) Market

The global AML market is expected to increase from USD 3.1 billion in 2023 to USD 6.8 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 17.0% throughout the forecast period. Increased monetary penalties, regulatory punishments, and reputational loss as a result of noncompliance with AML requirements are driving the market's growth.

• Published: September 2023

The AML Market Boom: Regulatory Pressure, Digital Risks, and Growth Strategies

The global AML market is expected to increase from USD 3.1 billion in 2023 to USD 6.8 billion by 2028, with a compound annual growth rate (CAGR) of 17.0% during the forecast period. Increased monetary penalties, regulatory punishments, and reputational loss as a result of noncompliance with AML requirements are driving the market's expansion.

• Published: September 2023

CSL (Australia) and Takeda Pharmaceutical company limited (Japan) are Leading Players in the Plasma Fractionation Market

The global plasma fractionation market size is projected to reach USD 40.4 billion by 2028 from USD 29.0 billion in 2023, at a CAGR of 6.9% during the forecast period. The growing popularity of immunoglobulins for the treatment of various therapeutic areas such as hematology, neurology, and pulmonology, as well as the use of protease inhibitors for the treatment of lung and hepatic disorders with rising incidence rates, are driving the growth of the market. However, the rising cost of plasma-derived products, limited reimbursements, and the rise of recombinant alternatives are projected to hamper the market's growth during the forecast period.

• Published: September 2023

Metallocene Polyethylene (mPE) Companies - ExxonMobil Corporation (US) and SABIC (Saudi Arabia) are Leading Players in the Metallocene Polyethylene (mPE) Market

The global metallocene polyethylene (mPE) market is projected to grow from USD 7.7 billion in 2023 to USD 10.5 billion by 2028, at a CAGR of 6.2% during the forecast period. mPE has a number of advantages, including improved mechanical qualities, increased processability, greater heat resistance, and exceptional clarity. Due to these advantages, it is ideal for a wide range of applications, which can drive demand and market growth.

• Published: September 2023

Acrylic Acid Companies - BASF SE (Germany) and Arkema (France) are Leading Players in the Acrylic Acid Market

The market for acrylic acid is approximated to be USD 11.7 billion in 2023, and it is projected to reach USD 13.8 billion by 2028 at a CAGR of 3.3%.  Acrylic acid is an organic compound known for its versatility and widespread industrial applications. It is a colorless liquid with a characteristic acrid odor and is used as a key precursor in the production of various polymers, including superabsorbent polymers used in diapers, adhesives, coatings, textiles, and more. Acrylic acid's reactivity and ability to polymerize make it a valuable ingredient in the creation of a range of materials essential to everyday life and various industries.

• Published: September 2023

Flexographic Printing Companies - Bobst (Switzerland) and Mark Andy Inc. (US) are the Key Players

The flexographic printing market is projected to grow from USD 8.7 billion in 2023 and is expected to reach USD 10.6 billion by 2028, growing at a CAGR of 4.1% from 2023 to 2028. Flexographic printing is the most popular technology for packaging printing, and the increasing growth of the packaging industry is also propelling the growth of the flexographic printing market. The growth of the packaging industry can be attributed to growing trends such as booming e-commerce and online shopping, due to which there has been a surge in demand for packaging material to protect and deliver the products.

• Published: September 2023

Market Leaders - Cheese Powder Market

The cheese powder market is estimated at USD 630 million in 2023 and is projected to reach USD 895 million by 2028, at a CAGR of 7.3% from 2023 to 2028.

• Published: September 2023

Facility Management Market in the Digital Age - Emerging Trends and Strategies

With a Compound Annual Growth Rate (CAGR) of 13.8%, the size of the worldwide facility management market is expected to increase from USD 45.6 billion in 2023 to USD 94.8 billion by 2028. The adoption of facility management solutions is experiencing an increasing trend driven by the convergence of technological advancements, changing workplace dynamics, and the growing emphasis on operational efficiency and sustainability.

• Published: September 2023

Facility Management Market Size, Share, Drivers, and Growth Opportunities

The size of the global facility management market is expected to increase at a Compound Annual Growth Rate (CAGR) of 13.8%, from USD 45.6 billion in 2023 to USD 94.8 billion by 2028. The adoption of facility management solutions is experiencing an increasing trend driven by the convergence of technological advancements, changing workplace dynamics, and the growing emphasis on operational efficiency and sustainability.

• Published: September 2023

Level Up Security: Why SOC-as-a-Service is on the Rise

The global SOCaaS market is expected to increase from USD 6.7 billion in 2023 to USD 11.4 billion by 2028, with a CAGR of 11.2% throughout the forecast period. Critical drivers driving considerable growth in the SOCaaS market include the increasing complexity of cyber threats, rapid technical advancements, the growing trend of BYOD, CYOD, and WFH, and complicated threat response. Organisations require powerful SOCaaS solutions to secure their data and operations as they adopt modern cybersecurity strategies and technologies. SOCaaS vendors are capitalising on these demands by providing novel solutions to protect digital assets while maintaining data privacy and integrity.

• Published: September 2023

Top Management Decision Companies - IBM, SAS, FICO and Oracle

The management decision market size is projected to grow from USD 6.2 billion in 2023 to USD 11.4 billion by 2028, at a CAGR of 13.0% during the forecast period. An increasing online consumer base with the growing adoption of smartphones will fuel the demand for management decisions. The compelling need to manage regulatory and compliance standards will increase the demand for management decision software and services. Decision management software helps organizations meet government agencies' standards, rules, and regulations. Organizations must comply with labor laws, file financial reports, and maintain regulatory compliance, among other business functions.

Major Management Decision Companies Include

•  IBM (US)
• FICO (US)
• SAS (US)
• Oracle (US)
• Pegasystems (US)
• TIBCO Software (US)

• Published: August 2023

Top 5G Security Companies - Ericsson (Sweden) and Palo Alto Networks (US) | MarketsandMarkets

The global 5G security market size is projected to grow from USD 1.7 billion in 2023 to USD 9.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 38.9%. The growth in the adoption of security concerns in the 5G network is driving the growth of the market. Zero-trust security and artificial intelligence can have dominance in the 5G security market as Zero-trust security is a security model that assumes that no device or user is trusted by default. This means that all devices and users must be authenticated and authorized before they are allowed to access the network. Zero-trust security can be implemented using a variety of technologies, such as firewalls, intrusion detection systems, and identity and access management (IAM) solutions. AI and ML can be used to improve the security of 5G networks in a variety of ways. For example, AI and ML can be used to identify and block malicious traffic, detect and prevent cyberattacks, and improve the accuracy of security analytics.

• Published: August 2023

Key Trends in the 5G Security Market

At a Compound Annual Growth Rate (CAGR) of 38.9%, the size of the global 5G security market is expected to increase from USD 1.7 billion in 2023 to USD 9.2 billion by 2028. The growth in the adoption of security concerns in the 5G network is driving the growth of the market. Zero-trust security and artificial intelligence can have dominance in the 5G security market as Zero-trust security is a security model that assumes that no device or user is trusted by default. This means that all devices and users must be authenticated and authorized before they are allowed to access the network. Zero-trust security can be implemented using a variety of technologies, such as firewalls, intrusion detection systems, and identity and access management (IAM) solutions. AI and ML can be used to improve the security of 5G networks in a variety of ways. For example, AI and ML can be used to identify and block malicious traffic, detect and prevent cyberattacks, and improve the accuracy of security analytics.

• Published: August 2023

5G Security Market Analysis, Trends, Opportunities, and Challenges

The size of the global market for 5G security is expected to increase at a compound annual growth rate (CAGR) of 38.9%, from USD 1.7 billion in 2023 to USD 9.2 billion by 2028. The growth in the adoption of security concerns in the 5G network is driving the growth of the market. Zero-trust security and artificial intelligence can have dominance in the 5G security market as Zero-trust security is a security model that assumes that no device or user is trusted by default. This means that all devices and users must be authenticated and authorized before they are allowed to access the network. Zero-trust security can be implemented using a variety of technologies, such as firewalls, intrusion detection systems, and identity and access management (IAM) solutions. AI and ML can be used to improve the security of 5G networks in a variety of ways. For example, AI and ML can be used to identify and block malicious traffic, detect and prevent cyberattacks, and improve the accuracy of security analytics.

• Published: August 2023

Swarm Robotics Companies - LG Energy Solution (South Korea) and Samsung SDI Co., Ltd are the Key Players

The swarm robotics market is projected to grow from USD 0.8 billion in 2023 to USD 3.0 billion by 2028, registering a CAGR of 30.9% during the forecast period. The rising adoption of swarm-based drones in the military sector and the development of new technologies, such as artificial intelligence and machine learning, are expected to propel the swarm robotics market in the next five years. However, technical challenges and high initial investment will likely pose challenges for the industry players.

• Published: August 2023

GE healthcare (US) and Koninklijke Philips N.V. (Netherlands) are Leading Players in the Multimodal Imaging Market

The global multimodal market is projected to reach USD 5.5 billion by 2028 from USD 4.2 billion in 2023, at a CAGR of 5.7% from 2023 to 2028. Technological advancements have led to the development of sophisticated imaging modalities that combine the strengths of various techniques, such as MRI, CT, PET, and optical imaging, allowing for enhanced visualization and more comprehensive diagnostic insights are the key factors attributing to the market growth.

• Published: August 2023

Insulation Coatings Companies - AkzoNobel (Netherland) and PPG (US) are Leading Players in the Insulation Coatings Market

The insulation coatings market is estimated to be USD 9.7 billion in 2022 and is projected to reach USD 14.4 billion by 2028, at a CAGR of 5.9% between 2023 and 2028. Protection of equipment, pipelines, and other components from harsh environments to make them energy efficient are the major drivers of the global insulation market during the forecast period.

• Published: August 2023

Top Companies are Focusing on Partnerships, Collaboration, Investment and Acquisitions to Strengthen their Market Position in Commercial Greenhouse Industry

According to MarketsandMarkets, the global commercial greenhouse market size is projected to reach USD 68.7 billion by 2028 from an estimated USD 39.6 billion in 2023, at a CAGR of 11.6% during the forecast period in terms of value. The global expansion of the commercial green house market is fueled by a confluence of factors that are reshaping the agricultural landscape. Commercial greenhouses provide controlled environments that enable year-round production of crops regardless of external weather conditions. This steady supply of fresh produce aligns with consumer demand for consistent availability of crops year-round, thus augmenting the market of commercial greenhouses. Moreover, rising climate variability, including extreme weather events, has led to disruptions in traditional agriculture. Greenhouses offer a way to mitigate these challenges by creating stable and protected growing conditions. These are some of the factors influencing the commercial greenhouse market growth.

• Published: August 2023

Sensor Testing Companies - TE Connectivity Ltd. (Switzerland) and National Instruments Corp. (US) are the Key Players

The sensor testing market is estimated to be worth USD 1.8 billion in 2023 and is projected to reach USD 2.4 billion by 2028 at a CAGR of 6.1% during the forecast period. The Increased demand for sensors in hybrid and autonomous vehicles and growing technological advancements, stringent quality control requirements, increasing safety concerns in critical applications, expanding regulatory compliance mandates, growing market competition driving the need for reliable and innovative sensor technologies, the proliferation of Internet of Things (IoT) devices relying on accurate sensor data, cost-efficient preemptive measures to avoid recalls, and ongoing research and development efforts in sensor testing are major factors driving the growth of the global sensor testing market.

• Published: August 2023

Hybrid Printing Companies - FUJIFILM Holdings, Inc.: and HP Development Company, L.P.: are the Leading Manufacturers

The hybrid printing market is projected to grow from USD 5.5 billion in 2023 and is projected to reach USD 10.2 billion by 2028; it is expected to grow at a CAGR of 13.2% from 2023 to 2028.

The growth of the hybrid printing market is driven by increasing demand for high-quality printing in label and packaging, and the growing adoption of personalized printed material.

• Published: August 2023

Polyurethane Catalyst Companies - BASF SE Germany), Evonik Industries AG (Germany) are Leading Players in the Polyurethane Catalyst Market

The Polyurethane catalyst Market is projected to reach USD 3.1 Billion by 2028, at a CAGR of 6.0% from USD  2.3 Billion in 2023. The market growth is driven by factors such as the rapid urbanization and infrastructure development, advancements in manufacturing processes and global energy efficiency initiatives.

• Published: August 2023

Future of Edge Data Centers Industry - Trends and Insights

The Edge Data Center Market is anticipated to expand at a growth rate of 23.2% over the forecast period, from USD 10.4 billion in 2023 to USD 29.6 billion by 2028. The factors driving the growth of the edge data center market are the growing adoption of IoT across verticals and low latency requirements in areas such as real-time analytics, AR, autonomous vehicles, 5G deployment, and content delivery.

• Published: August 2023

Edge Data Center Market Size and Share - Comprehensive Analysis

The Edge Data Center Market size is expected to reach USD 29.6 billion by 2028 from USD 10.4 billion in 2023 to grow at a CAGR of 23.2%. The factors driving the growth of the edge data center market are the growing adoption of IoT across verticals and low latency requirements in areas such as real-time analytics, AR, autonomous vehicles, 5G deployment, and content delivery.

• Published: August 2023

List of Top Application Delivery Controller Companies are Citrix Systems (US), Radware (Israel) and Cloudflare (US)

The global application delivery controller market is estimated to be worth USD 3.9 billion in 2023 and is projected to reach USD 8.3 billion by 2028, at a CAGR of 16.4% during the forecast period.

The Application Delivery Controller (ADC) market is thriving due to the escalating digital demands, where ADCs serve as conductors of efficient application performance and robust security. They seamlessly harmonize the complexities of modern applications, orchestrating optimized delivery across diverse landscapes and safeguarding user experiences. From cloud migrations to intricate architectures, ADCs stand as essential tools in the dynamic technological landscape, ensuring applications perform seamlessly while prioritizing security.

• Published: August 2023

Terumo BCT, Inc. and Fresenius SE & Co. KGAA are Leading Players in the Leukapheresis Market

The global leukapheresis products market is projected to reach USD 100 million by 2028 from USD 70 million in 2023, at a CAGR of 8.3%. The global leukopaks market is projected to reach USD 1020 million by 2028 from USD 200 million in 2023, at a CAGR of 38.1%.

• Published: August 2023

Top Agricultural Surfactants Companies - BASF SE (Germany), Solvay (Germany), Clariant (Switzerland), and Nufarm (Australia)

The agricultural surfactants market is estimated at USD 1.7 billion in 2023 and is projected to reach USD 2.3 billion by 2028, at a CAGR of 6.2% from 2023 to 2028.

• Published: August 2023

System Integration Services Market Report - Size and Share Analysis

The global System Integration Services Market size is projected to expand at a CAGR of 6.6% during the forecast period to reach USD 665.6 billion by 2028, size was valued USD 483.0 billion in 2023.

• Published: August 2023

System Integration Services Industry - Trends and Innovations

According to MarketsandMarkets, the size of the global market for system integration services is anticipated to increase at a compound annual growth rate (CAGR) of 6.6% from USD 483.0 billion in 2023 to USD 665.6 billion by 2028. The proliferation of cloud-based integration services and the rise in partnerships and acquisitions in the system integration space and companies are expected to drive the demand and growth of the system integration services market.

• Published: August 2023

Latest Trends in Security Automation Market: Future Scope

The market for security automation is expected to grow at a compound annual growth rate (CAGR) of 13.4% over the course of the forecast period, from an anticipated USD 8.9 billion in 2023 to USD 16.7 billion by 2028. Rising cybersecurity threats and complexity, improving real-time incident detection and response capabilities, an increase in ransomware and phishing email incidents, and the requirement to enable audit trails and ensure consistent adherence to security policies are all major factors driving the market's growth.

• Published: August 2023

Top Companies in Security Automation Industry - Palo Alto Networks (US), CyberArk (US) and CrowdStrike (US) | MarketsandMarkets

The global security automation market is projected to register a CAGR of 13.4% during the forecast period, reaching USD 16.7 billion by 2028 from an estimated USD 8.9 billion in 2023. Major factors to boost the market growth include the rising cybersecurity threats and complexity, growing ability to detect and respond to security incidents in real-time, increasing incidents of phishing emails and ransomware, and the need to ensure consistent adherence to security policies and facilitate audit trails.

• Published: August 2023

Top Wet Pet Food Companies: Nestlé (Switzerland), Mars, Inc. (US), Colgate-Palmolive Company (US), and Unicharm Corporation (Japan)

The wet pet food market is estimated at USD 25.5 billion in 2023 and is projected to reach USD 31.7 billion by 2028, at a CAGR of 4.5% from 2023 to 2028.

• Published: August 2023

GaN Semiconductor Device Companies - Wolfspeed, Inc. (US) and Sumitomo Electric Industries, Ltd. (Japan) are the Key Players

The GaN semiconductor device market is estimated to be worth USD 21.1 billion in 2023 and is projected to reach USD 28.3 billion by 2028, at a CAGR of 6.1% during the forecast period. The growing integration of GaN devices in consumer and business enterprises verticals is a major factor driving the growth of GaN semiconductor device market globally. Moreover, increasing deployment in automotive industry also key factor contributing to the market growth.

• Published: August 2023

Wafer Cleaning Equipment Companies - SCREEN Holdings Co., Ltd. (Japan) and Tokyo Electron Limited (Japan) are the Key Players

The Wafer Cleaning Equipment Market is expected to reach USD 16.5 billion by 2028 from USD 10.1  billion in 2023, at a CAGR of 10.4% during the 2023–2028 period.

The major players in the Wafer Cleaning Equipment Market with a significant global presence are include SCREEN Holdings Co., Ltd. (Japan), Tokyo Electron Limited (Japan), Lam Research Corporation (US), Applied Materials Inc, Inc. (US), Shibaura Mechatronics Corporation (Japan), Akrion Technologies (US), Modutek.com (US), PVA TePLA AG (Germany), Entegris (US), ULTRON SYSTEMS, INC. (US), Veeco Instruments Inc. (US), SEMES (South Korea), AXUS Technology (US), Beijing TSD Semiconductor Equipment Co., Ltd. (China), Toho Kasei Co., Ltd. (Japan), Cleaning Technologies Group (US), SEMETEK (US), AP&S International GmbH (Germany), ITW (US), RENA Technologies GmbH (Germany), TDC Co., Ltd. (Japan), Orbray Co., Ltd. (Japan), DAINICHI SHOJI K.K (China), and Ultra t Equipment Company Inc. (US).

• Published: August 2023

Top Companies in Automotive Tire Industry - Bridgestone Corporation (Japan) and Michelin (France) are Leading Players

Automotive tire market is estimated to grow from USD 19.6 billion in 2023 to USD 21.6 billion by 2028 at a CAGR of 2.1% over the forecast period. The increasing average vehicle age, annual miles driven by light-duty vehicles, improved infrastructure and increased tire replacement miles are driving the growth of tires aftermarket.  Major OEMs of the automotive tire market are from Asia Pacific and Europe. The top 5 OEMs of the automotive tire market are Bridgestone Corporation (Japan), Continental AG (Germany), Goodyear Tire & Rubber Company (US), Michelin (France), and Pirelli & C.S.P.A (Italy). Key players in automotive seats are investing in new technologies such as lightweight material, vegan & synthetic trim material, and advanced seat features to improve fuel efficiency and reduce genuine leather’s environmental impact.

• Published: August 2023

Wetroom Waterproofing Solutions Companies - Sika AG (Switzerland) and BASF SE (Germany) are Leading Players in the Wetroom Waterproofing Solutions Market

The Wetroom waterproofing solutions market size is projected to grow from USD 6.4 billion in 2023 to USD 8.3 billion by 2028, registering a CAGR of 5.4% during the forecast period. The increasing demand for green building practices is driving the demand for sustainable wet room waterproofing solutions,The rising popularity of prefabricated wet rooms is also contributing to the growth of the market, The development of new and innovative wet room waterproofing products is also boosting the market growth.

• Published: August 2023

Infrared Thermography Companies - FLIR LLC (US) and JENOPTIK AG (Germany) are the Key Players

The infrared thermography market for building inspection is estimated to be worth USD 445 million in 2023 and is projected to reach USD 606 million by 2028, at a CAGR of 6.4% during the forecast period. Increased adoption of non-destructive testing is a major factor driving the growth of infrared thermography market for building inspection globally. Moreover, export restrictions imposed on thermal imaging products are key restraints affecting the market growth.

• Published: August 2023