Research Insight

Privacy Management Software Market Growth Drivers and Market Share Analysis

The privacy management software market is estimated to increase at a Compound Annual Growth Rate (CAGR) of 41.9% during the forecast period, reaching USD 15.2 billion in 2028 from USD 2.7 billion in 2023. The introduction of IoT in the retail sector, as well as the adoption of new retail technologies to connect online and offline shopping experiences, are projected to fuel growth in the global privacy management software market.

• Published: June 2023

Dexcom, Inc. (US) and Medtronic (Ireland) are Leading Players in the Digital Diabetes Management Market

The global digital diabetes management market is projected to reach USD 35.8 Billion by 2028 from an estimated USD 18.9 Billion in 2023, at a CAGR of 13.6% during the forecast period. The demand for better diabetes care solutions has become more important as diabetes prevalence has increased. Additionally, technological developments have made it possible for the market to receive solutions that are incredibly flexible. Other significant drivers of market growth include an increasing number of connected devices and apps use as well as the growing adoption of cloud-based enterprise solutions. However, during the forecast period, growth in this market is anticipated to be restricted by aspects like high device costs, a lack of reimbursement in developing nations, and a higher acceptance of conventional diabetes management devices.

• Published: June 2023

Smart Transportation Market Size, Share and Key Growth Factors

The Smart Transport Industry is expected to reach a value of USD 248.7 billion by 2028 from USD 122.4 billion in 2023 At a compound annual growth rate (CAGR) of 15.2%.

Adoption of IoT and automation technologies will drive the growth of smart transportation market. As the Internet of Things (IoT) gets more pervasive, the railway industry is implementing more advanced analytics for streamlined operations. Rail transport carries a comparatively large number of commuters to their destinations. Therefore, safety and surveillance are among the important measures that must be considered to avoid causalities.

To know about the assumptions considered for the study download the pdf brochure

• Published: June 2023

Factors Driving Growth and Size in Social Media Management Market

The global social media management market is expected to grow at a compound annual growth rate (CAGR) of 24.2%, from an estimated USD 17.5 billion in 2022 to USD 51.8 billion by 2027 

Major drivers for the market include the rising need to focus on competitive intelligence, the growing need to drive search RoI for social media strategy, enhancement of customer experience with social media management, the shift of people toward the virtual realm due to COVID-19 and the increase in user engagement of social media using smartphones.

To know about the assumptions considered for the study download the pdf brochure

• Published: June 2023

Healthcare Cybersecurity Market Size, Share and Demand Analysis

The size of the global healthcare cybersecurity market is expected to increase from USD 18.2 billion in 2023 to USD 35.3 billion by 2028. With a Compound Annual Growth Rate (CAGR) of 14.2% over the course of the forecast period

The primary reasons driving the market expansion are growing cyberattacks and concerns related to security and privacy, rising acceptance of IoT and connected devices, and increasing adoption of cloud-based solutions in the healthcare sector.

To know about the assumptions considered for the study download the pdf brochure

• Published: June 2023

Healthcare Cybersecurity Market Size, Share and Demand Analysis

The size of the global healthcare cybersecurity market is expected to increase from USD 18.2 billion in 2023 to USD 35.3 billion by 2028. With a Compound Annual Growth Rate (CAGR) of 14.2% over the course of the forecast period

The primary reasons driving the market expansion are growing cyberattacks and concerns related to security and privacy, rising acceptance of IoT and connected devices, and increasing adoption of cloud-based solutions in the healthcare sector.

To know about the assumptions considered for the study download the pdf brochure

• Published: June 2023

Cloud Quantum Computing Market Booms: Size, Share& Investment Drive Growth

The Cloud Based Quantum Computing Market is anticipated to develop at a compound annual growth rate (CAGR) of 38.5%, from an estimated USD 798 million in 2023 to USD 4,063 million by 2028. At a compound annual growth rate (CAGR) of 38.5%

To know about the assumptions considered for the study download the pdf brochure

The cloud-based quantum computing market is poised for significant growth, driven by several key factors:

• Published: June 2023

Chatbots Get Smarter: Top Trends Shaping the Future of Conversational AI

The Chatbots Market was estimated to be worth $4.7 billion worldwide. With a predicted compound annual growth rate (CAGR) of 23.3%, the market is expected to expand from $5.4 billion in 2023 to $15.5 billion in 2028.

To know about the assumptions considered for the study download the pdf brochure

• Published: June 2023

Emerging Trends in the Global Role Based Access Control Market

The role-based access control market is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 12.2%, from USD 8.7 billion in 2022 to USD 15.5 billion by 2027.

The global Role-Based Access Control (RBAC) market is evolving rapidly due to advancements in technology, increasing cybersecurity threats, and the growing need for efficient access management in various sectors. Here are some of the emerging trends in this market:

To know about the assumptions considered for the study download the pdf brochure

• Published: June 2023

Identity and Access Management Market : Cloud, Biometrics, & Continuous Monitoring and Emerging Trends

The Identity And Access Management Market is expected to increase from USD 22.9 billion in 2024 to USD 34.3 billion by 2029.At a compound annual growth rate (CAGR) of 8.4%

To know about the assumptions considered for the study download the pdf brochure

The global Identity and Access Management (IAM) market is undergoing a dynamic transformation, with several emerging trends shaping its future:

• Published: June 2023

6G Market Size & Share: New Opportunities

The 6G market is expected to grow at a Compound Annual Growth Rate (CAGR) of 34.2% from USD 5.1 billion in 2023 to USD 40.2 billion by 2030, according to MarketsandMarkets. The market for 6G is expanding due in large part to the growing need for ultra-high-speed and dependable connectivity to support future technologies and applications.

• Published: June 2023

Growing Trends in the Geospatial Analytics Market

At a compound annual growth rate (CAGR) of 12.6%, the geospatial analytics market is projected to expand from USD 78.5 billion in 2023 to USD 141.9 billion by 2028. The practice of using geographic data and analytics to obtain insightful knowledge and make defensible decisions is known as location intelligence. Location intelligence helps businesses identify patterns, connections, and trends unique to a certain area by fusing geographic data with other datasets. It gives organizations and governments the ability to better plan strategically, increase customer satisfaction, and streamline processes. Location intelligence provides a thorough grasp of spatial data and its consequences by enabling spatial visualization, spatial querying, and predictive modeling through the application of sophisticated geospatial analytics tools.

• Published: June 2023

Geospatial Analytics Market Size & Share: Recent Development

The geospatial analytics market is projected to expand at a compound annual growth rate (CAGR) of 12.6% from USD 78.5 billion in 2023 to USD 141.9 billion by 2028. Location intelligence is the practice of using analytics and geospatial data to obtain insightful knowledge and make deft decisions. Organizations may comprehend patterns, relationships, and trends unique to a given location by utilizing location intelligence, which integrates geographic information with other datasets.

Businesses and governments can use it to boost strategic planning, increase consumer experiences, and optimize operations. Location intelligence provides a thorough grasp of spatial data and its consequences through the application of sophisticated geospatial analytics tools, enabling spatial visualization, spatial querying, and predictive modeling.

• Published: June 2023

Biocompatible Coatings Companies - SurModics, Inc. (US) and DSM Biomedical (US) are Leading Players in the Biocompatible Coatings Market

The global biocompatible coatings market size is projected to grow from USD 14.6 billion in 2022 to USD 29.7 billion by 2028, at a CAGR of 12.4%. The demand for biocompatible coatings is influenced by several factors. One crucial factor is the increasing focus on healthcare and medical advancements. With the continuous progress in medical technology and the growing emphasis on patient well-being, there is a higher demand for biocompatible coatings in various applications. These coatings play a vital role in enhancing the biocompatibility of medical devices, implants, and prosthetics, reducing the risk of adverse reactions and improving patient outcomes. The aging population and the prevalence of chronic diseases drive the demand for medical devices and implants, which, in turn, fuels the demand for biocompatible coatings. The companies have adopted various strategies, such as mergers & acquisitions, investment & expansion, joint ventures, & new product launches and to increase their global presence and maintain sustained growth in the biocompatible coatings market.

• Published: June 2023

Autonomous Last Mile Delivery Companies -Nuro (US) and JD.com (China) are the Key Players

Autonomous last mile delivery revolutionizes the transportation of goods and services to customers' doorsteps without any human involvement throughout the entire process. This innovative approach utilizes autonomous vehicles, including ground and aerial platforms such as drones, to carry out the delivery tasks. The advent of autonomous aerial delivery drones and ground delivery robots is poised to bring about significant transformations in on-demand delivery services. These advanced drones and robots are increasingly employed in various sectors, including retail, food and beverages, logistics, and healthcare, to efficiently transport packages. Ground delivery robots are meticulously designed not only to detect subtle cues from pedestrians and surrounding structures but also to adhere to street signals while navigating their routes.

• Published: June 2023

Lactic Acid and Polylactic Acid Market

The lactic acid market is estimated at USD 1.6 billion in 2023 and is projected to reach USD 2.8 billion by 2028, at a CAGR of 12.4% from 2023 to 2028. The global polylactic acid market is anticipated to be valued at USD 1.3 billion in 2023 and escalate to USD 2.9 billion in 2028 by growing at a CAGR of 17.7%

• Published: June 2023

Corrosion Protection Coatings Companies - Akzo Nobel NV (Netherlands) and PPG Industries, Inc. (US) are Leading Players in the Corrosion Protection Coatings Market

The Corrosion Protection Coatings market is projected to grow to USD 12.4 billion by 2028 from USD 10.4 billion in 2023, at a CAGR of 3.5% between 2023-2028. Rising demand for efficient processes and longer life of equipment in the industrial sectors boosts the Corrosion Protection Coatings market.

• Published: June 2023

Surfactants Companies - Market Leaders in Surfactants Market

In terms of value, the surfactants market is estimated to grow from USD 43.5 billion in 2022 to USD 57.8 billion by 2028, at a CAGR of 4.9%. The main drivers which are driving  the surfactants market are increasing demand from various industries, rising demand from personal care industry, and mounting demand from end-use industries for cleaning applications.

• Published: June 2023

Hypersonic Weapons Companies - Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US) are the Key Players

The Hypersonic Weapons Market is estimated to be USD 6.8 Billion in 2023 and is projected to reach USD 14.5 Billion by 2030, at a CAGR of 11.4 % from 2023 to 2030. The growing use of hypersonic weapons worldwide can be attributed to their ability to travel at speeds greater than Mach 5 (five times the speed of sound), enabling them to cover large distances in a short period. Their high velocity allows for quick response times and the ability to strike targets globally. The increasing popularity of hypersonic weapons globally is driven by their diverse range of benefits which includes Enhanced Precision, Strategic Deterrence, Increased Speed and Range.

• Published: June 2023

Overall Equipment Effectiveness Software Companies -Raytheon Technologies Corporation (US) and Lockheed Martin Corporation (US) are the Key Players

The global overall equipment effectiveness software market size is expected to grow from USD 67.5 billion in 2023 to USD 122.4 billion by 2028, at a CAGR of 12.6%. The rising usage of ERP software for performing a variety of functions across industries and the increase in the number of initiatives to drive the adoption of industrial automation solutions are the major factors driving the market’s growth.

• Published: June 2023

Emerging Trends in the 6G Market: Future Demand

According to MarketsandMarkets, the 6G market is expected to grow at a Compound Annual Growth Rate (CAGR) of 34.2% from USD 5.1 billion in 2023 to USD 40.2 billion by 2030. One of the main factors driving the growth of the 6G market is the growing need for ultra-high-speed and dependable connectivity to support developing technologies and applications.

• Published: June 2023

Koninklijke Philips N.V. (Netherlands) and Ambu AS (Denmark) are Leading Players in the Anesthesia Equipment Market

The global anesthesia equipment marketis projected to reach USD 11.0 billion by 2028 from USD 8.0 billion in 2023, at a CAGR of 6.7% during the forecast period. Growth in this market can primarily be attributed to the increasing technological advancements in anesthesia equipment and increasing number of surgeries.

• Published: June 2023

Oven-Controlled Crystal Oscillator (OCXO) Companies - NIHON DEMPA KOGYO CO., LTD. (Japan) and TXC Corporation (Taiwan) are the Leading Manufacturers

The oven-controlled crystal oscillator (OCXO) market is projected to grow from USD 464 million in 2023 to USD 528 million by 2028; it is expected to grow at a CAGR of 2.6% from 2023 to 2028. The growth of the market can be attributed to the expanding telecommunications industry and the widening application scope of OCXOs. Increasing use of crystal oscillators in the deployment of 5G networks.

• Published: June 2023

Far-Field Speech and Voice Recognition Companies -Qualcomm Incorporated (US) and HARMAN International (US) are the Key Players

The far-field speech and voice recognition market is projected to grow from USD 3.7 billion in 2023 and is projected to reach USD 6.9 billion by 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028.

• Published: June 2023

Specialty Chemicals Companies - Market Leaders in Specialty Chemicals Market

In terms of value, the specialty chemicals market is estimated to grow from USD 272.6 billion in 2022 to USD 364.8 billion by 2028, at a CAGR of 5.0%. Specialty chemicals, which are also known as performance chemicals are used as ingredients in various finished products to enhance their performance. Specialty chemicals is a whole ecosystem consisting of multiple chemicals within the category. In this report we have considered different specialty chemicals such as plastic additives, rubber additives, adhesives, cosmetic ingredients, lubricating oil additives, specialty oilfield chemicals, water treatment chemicals, electronic chemicals, textile chemicals, and advanced ceramic chemicals.

• Published: June 2023

Bioethanol Companies - POET LLC (US) and Archer Daniels Midland Company (US) are Leading Players in the Bioethanol Market

The bioethanol market size is estimated to be USD 83.4 billion in 2023, and it is projected to reach USD 114.7 billion by 2028 at a CAGR of 6.6%. Bioethanol, also known as ethanol, is a type of renewable biofuel produced from plant materials such as sugarcane, corn, wheat, or cellulose-rich feedstocks. It has a wide range of applications and is used in various industries. some of the primary applications of bioethanol are Transportation Fuel, Fuel Oxygenate, Industrial Solvent, Energy Generation, etc. The global ethanol market has been growing steadily in recent years and is expected to continue to grow in the coming years.

• Published: June 2023

Flooring Companies - Mohawk Industries Inc. (US) and Tarkett (France) are the Key Players in the Flooring Market

The market for flooring is approximated to be USD 331.9 billion in 2023, and it is projected to reach USD 510.7 billion by 2028, at a CAGR of 9.0%.

Flooring is a permanent finish material placed over the floor framework to create a walking surface. Flooring adds robustness to the surface, makes it easy to maintain, helps in making the surface sound free when moving. It makes the surface dry and devoid of moisture, and also heat- and fire-resistant in many cases. Flooring is used in end use industries like residential and non-residential construction activities.

• Published: June 2023

Agricultural Lighting Companies - Signify Holding (Netherlands) and ams-OSRAM GmbH (Germany) are the Key Players

The global agricultural lighting market is projected to grow from USD 11.8 billion in 2023 to USD 21.4 billion by 2028; it is expected to grow at a CAGR of 12.5% from 2023 to 2028. The key factors fueling the growth of this market include rising demand and awareness for fresh farm produce and irregular weather conditions. Strong government support and high demand for fresh produce in quick time owing to population growth are some of the other factors propelling the market growth.

• Published: June 2023

Aluminum Foil Packaging Companies - RUSAL (Russia) and Hindalco Industries Ltd. (India) are Leading players in the Aluminum Foil Packaging Market

The global aluminum foil packaging market is expected to experience substantial growth in the coming years, with an estimated value of USD 21.7 billion in 2023 and a projected to reach USD 27.9 billion by 2028, growing at a CAGR of 4.3%.

• Published: June 2023

Market Leader - Surgical Procedures Market

The US surgical procedures market is projected to reach 1,27,748.5 thousand procedures by 2028 from 1,08,275.5 thousand procedures in 2023, at a CAGR of 3.4% during the forecast period. The growth of this market is mainly attributed to the growth in geriatric population, increasing prevalence of cancer, rise in chronic diseases, and technological advancements in surgical procedures. However, a shortage of surgeons in the US and complications associated with the surgical procedures pose a challenge to the market growth. In this report, the US surgical procedures market is segmented based on type and channel.

• Published: June 2023

Recycled PET Companies - Indorama Venturers Public Limited (Thailand) and Biffa (UK) are Leading Players in the Recycled PET Market

The global recycled PET market size is estimated to grow from USD 11.0 billion in 2023 to USD 15.0 billion by 2028, at a CAGR of 6.5% during the forecast period. One of the driving factors for the recycled PET market is the increasing global demand for sustainable and environmentally friendly packaging solutions. Additionally, government regulations and initiatives promoting recycling and circular economy practices have further propelled the growth of the recycled PET market.

• Published: June 2023

Battery Recycling Companies - Call2Recycle Inc. (US) and Cirba Solutions (US) are leading players in Battery Recycling Market

Updated on : June 19, 2024

The battery recycling market is projected to grow from USD 26.9 billion in 2023 to USD 54.3 billion by 2030, at a CAGR of 10.5% from 2023 to 2030. The growth of the market is driven by the increased utilization of batteries in electric vehicles, smart devices, and other consumer electronic gadgets.

• Published: June 2023

Market Leaders: Major Players are Focusing on Product Launches, Expansions, and Joint Ventures to Strengthen their Market Position in Bulk Food Ingredients Market

According to MarketsandMarkets, the bulk food ingredients market is projected to reach USD 454.6 billion by 2028 from USD 366.7 billion by 2023, at a CAGR of 4.4% during the forecast period in terms of value. The demand for bulk food ingredients is growing due to several factors. Firstly, the global population is increasing, leading to a higher demand for food products. Additionally, changing dietary patterns, including a shift towards convenience foods and increased consumption of processed and packaged foods, contribute to the demand for bulk ingredients. The food processing industry is expanding, requiring a reliable and cost-effective supply of ingredients in large quantities. Bulk purchasing offers economies of scale, reducing costs for manufacturers. Moreover, bulk ingredients provide flexibility for customization and formulation. These factors, coupled with the need for efficient sourcing and production, drive the growth of the bulk food ingredients market.

• Published: June 2023

5G Testing Companies - Anritsu (Japan) and Keysight Technologies (US) are the Key Players

The global 5G testing market is expected to be valued at USD 3.5 billion in 2023 and is projected to reach USD 5.2 billion by 2028; it is expected to grow at a CAGR of 8.2% from 2023 to 2028. Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are the major growth strategies the market players adopt. These strategies have enabled them to efficiently fulfill the growing demand for 5G testing from different end-user industries and expand their global footprint by offering products in all the major regions.

• Published: June 2023

GE Healthcare (US), Siemens Healthineers (Germany) and Koninklijke Philips N.V. (Netherlands) are Leading Players in the Positron Emission Tomography Market

The global positron emission tomography market is projected to reach USD 3.5 billion by 2028 from USD 2.5 billion in 2023, at a CAGR of 6.6% from 2023 to 2028. The growing target patient population, increasing adoption of multimodal PET imaging devices, and technological advancements in PET systems are fueling the growth of the market.

• Published: June 2023

Market Leaders: Major Players are Focusing on Investment and New Product Development to Strengthen their Market Position in Indoor Farming Technology Market

According to MarketsandMarkets, the indoor farming technology market is projected to reach USD 32.3 billion by 2028 from USD 20.3 billion by 2023, at a CAGR of 9.7% during the forecast period in terms of value. The demand for indoor farming technology products is primarily driven by the rising demand for fresh foods with higher nutritive value with the limited use of land and water.

• Published: June 2023

Market Leaders: Jain Irrigation Systems Ltd. and the Toro Company are Expanding, Acquiring, and Launching new Products to Improve their Market Position in Microirrigation Systems Market

The global microirrigation systems market is valued at USD 10.4 billion in 2022. It is projected to reach USD 17.8 billion by 2028, recording a CAGR of 9.4% during the forecast period. Microirrigation devices supply water directly to the root zone of plants, ensuring adequate moisture levels and decreasing water stress. This precise water delivery promotes healthier plant development, resulting in increased crop yield and greater produce quality. since the development in urban agriculture and rooftop farming, where water availability is crucial, micro-watering systems are a viable choice for urban farming since they effectively utilize limited water resources and offer controlled irrigation in constricted places. These are the factors that are propelling the growth of microirrigation systems market.

• Published: June 2023

Market Leadership - Textile Yarn Market

The market for textile yarn is estimated at USD 14.4 billion in 2023; it is projected to grow at a CAGR of 5.1% to reach USD 18.5 billion by 2028. Due to the population expansion, the textile sector is experiencing huge demand across Asia-Pacific. Some of the key factors boosting demand for textile yarns are the introduction of new textiles and the acceptance of new trends across the globe.

• Published: June 2023

Mining & Metal Filtration Companies - Clear Edge Filtration Inc (US) and Lydall Inc. (US) are Leading players in the Mining & Metal Filtration Market

The mining & metal filtration market is projected to reach USD 888 Million by 2028, at a CAGR of 4.7% from USD 707 Million in 2023. The market growth is driven by influencing factors such as increasing global demand for metals, stringent environmental regulations, and increasing emphasis on product quality and consistency.

• Published: June 2023

Flow Chemistry Companies - Thermo Fisher Scientific Inc (US) and Corning Incorporated (US) are Leading Players in the Flow Chemistry Market

The flow chemistry market size is projected to grow from USD 1.7 billion in 2022 to USD 2.9 billion by 2028, registering a CAGR of 10.4% during the forecast period. This growth is attributed to the increasing demand for efficient and sustainable chemical manufacturing processes, as well as the growing interest in the synthesis of complex molecules, such as pharmaceutical intermediates and specialty chemicals, further fuels the demand for flow chemistry. The pharmaceutical industry is a significant driver of flow chemistry adoption. The increasing demand for new drug candidates, coupled with the need for efficient and cost-effective synthesis methods, has fueled the use of flow chemistry in pharmaceutical manufacturing. Flow chemistry enables streamlined synthesis routes, rapid optimization, and improved yield and purity of pharmaceutical intermediates and active pharmaceutical ingredients (APIs).

• Published: June 2023

Lonza (Switzerland), Merck KGaA (Germany) and Thermo Fisher Scientific Inc. (US) are top players in Viral Vector & Plasmid DNA Manufacturing Market

The viral vector and plasmid DNA manufacturing market is projected to reach USD 12.8 billion by 2028 from an estimated USD 5.5 billion in 2023, at a CAGR of 18.2% during the forecast period of 2023 to 2028. The growth of this market is majorly driven by effectiveness of viral vectors in gene therapy delivery. Viral vectors have been proven to be effective tools for delivering therapeutic genes to target cells in gene therapy. The effectiveness of viral vectors can depend on several factors, including the type of virus used, the target cell type, the dosage and mode of delivery, and the immune response of the patient. Viral vectors can be modified according to the required application and thus prove advantageous for targeting and entering cells.

• Published: June 2023

Top Companies in Transformer Oil Industry - Shell (UK),, PetroChina Company (China) and APAR Industries (India)

The global transformer oil market is projected to reach USD 3.0 billion by 2030 from an estimated USD 2.0 billion in 2023, at a CAGR of 5.9% during the forecast period. Factors such as the rising trend of investments in HVDC transmission systems are driving the growth of the transformer oils market.

• Published: June 2023

Aerospace Bearings Companies - SKF Group (Sweden) and Schaeffler AG (Germany) are the Key Players

The global market for aerospace bearings market is estimated to be USD 12.4 billion in 2023 and expected to reach USD 14.6 billion by 2028 at a CAGR of 3.3% from 2023 to 2028. The demand for aerospace bearings is primarily driven by the growth of the aviation industry, including both commercial and military sectors. As air travel continues to increase, there is a corresponding need for new aircraft, as well as maintenance and replacement of existing aircraft components.

• Published: June 2023

Market Leader - 3D Printing Medical Devices Market

The 3D printing medical devices market is projected to reach USD 6.9 Billion in 2028 from USD 2.7 billion in 2022 with a CAGR of 17.1% during the forecast period. Due to Technological advancements, the cost-effectiveness of 3D printing devices, the availability of customization, and the capability of these valuable products used in industries such as healthcare, where patient-specific medical devices and prosthetics can be manufactured with precision and Sustainability, and waste reduction the market is witnessing the highest growth.

• Published: June 2023

Fintech as a Service Market Soars Digital Payments, AI & More Fuel Growth

According to projections, the size of the worldwide FaaS market would increase at a Compound Annual Growth Rate (CAGR) of 16.9% between 2023 and 2028, from USD 310.5 billion to USD 676.9 billion. The expansion of the FaaS market is propelled by the increasing need for cloud computing technology enabling flexibility and scalability in operations.

• Published: June 2023

Fintech as a Service Market Booms with Emerging Trends

Over the course of the projection period, the global FaaS market is expected to develop at a Compound Annual Growth Rate (CAGR) of 16.9%, from USD 310.5 billion in 2023 to USD 676.9 billion by 2028. The expansion of the FaaS market is propelled by the increasing need for cloud computing technology enabling flexibility and scalability in operations.

• Published: June 2023

Top Companies in AC Circuit Breaker Industry - ABB (Switzerland), Siemens (Germany), Schneider Electric (France) and Eaton (Ireland)

The ac circuit breaker market is estimated to be USD 4.1 billion in 2023 to USD 5.3 billion by 2028, at a CAGR of 5.3% during the forecast period. The factors that drive the market growth include the Growing investments in power generation from renewable energy sources, increasing capacity additions and enhancements for T&D networks, strengthening of power distribution infrastructure, and increased investments in industrial production. AC circuit breakers are required to distribute power networks, capacity addition, and enhancement plans are expected to drive the ac circuit breaker market.

• Published: June 2023

Polyvinyl alcohol (PVOH) Companies - Kuraray Co Ltd (Japan) and Anhui Wanwei Group Co Ltd (China) are Leading Players in the Polyvinyl Alcohol (PVOH) Market

The polyvinyl alcohol market is projected to reach USD 5.0 billion by 2028, at a CAGR of 6.1% from USD 3.7 billion in 2023. The market growth is driven by factors such as the water solubility of Polyvinyl Alcohol which makes it highly versatile and the increasing demand for the use of biodegradable products.

• Published: June 2023

Top Companies in Cloud Infrastructure Entitlement Management (CIEM) - Microsoft (US), CyberArk (US) & Palo Alto Networks (US)

The global CIEM market size is projected to grow from USD 1.2 billion in 2023 to USD 7.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 44.2% during the forecast period.

The expansion of the CIEM market is propelled by the rise in inadequate management of identity, access, and privileges that have heightened the demand for robust CIEM solutions, which can effectively combat these evolving risks. The pressing need to overcome the challenge of the lack of awareness of cloud resources, cloud security architecture, and strategy have prompted organizations to adopt CIEM solutions.

• Published: June 2023

Next-Generation Solar Cell Companies - First Solar (US) and Ascent Solar Technologies (US) are the Key Players

The next-generation solar cell market is valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% during the forecast period from 2023 to 2028. The major driving factors for the market are increasing demand for renewable energy due to the need to reduce the emission of greenhouse gases, governmental incentives such as tax credits, and subsidy benefits to make it more accessible to a wider range of consumers.

• Published: June 2023