Home › Research Insight

Research Insight

Title	Date
Top Companies in Penetration Testing as a Service Industry - Breachlock (US), Astra Security (India), HackerOne (US) and Guidepoint Security (US) The global Penetration Testing as a Service market size is projected to grow from USD 118 million in 2024 to USD 301 million by 2029 at a CAGR of 20.5% during the forecast period. The PTaaS market is driven by the increasing frequency and sophistication of cyberattacks, heightened regulatory and compliance requirements, and the expanding adoption of remote work and digital services. Additionally, the growing complexity of IT infrastructures and the need for specialized cybersecurity expertise are compelling organizations to seek outsourced penetration testing services. The cost-effectiveness and scalability of PTaaS solutions also make them appealing to a wide range of businesses, further fueling market growth. ...... Read More	July 15, 2024
Nippon Shokubai (Japan) and Chase Corporation (US) are Leading players in the Specialty Super Absorbent Polymer Market The specialty super absorbent polymer market is expected to grow at a CAGR of 6.5% to reach USD 2.0 billion by 2029 from USD 1.5 billion in 2024. The market growth is driven by various factors, including the significant demand from construction and packaging industry. ...... Read More	July 15, 2024
Vetrotech Saint-Gobain International AG (Switzerland) and SCHOTT AG (Germany) are Leading Players in the Fire Resistant Glass Market The fire resistant glass market is projected to grow from USD 10.4 billion in 2024 to USD 16.1 billion by 2029, at a CAGR of 9.0% during the forecast period. Fire resistant glass is used to control the spread of fire, hazardous smoke, and transfer of heat in buildings, marine vessels, and oil refineries. It has various fire ratings, ranging between 20 and 180 minutes. It provides fire resistivity between 20 and 180 minutes depending on the area and size limitations that fall under the application building code and/or the authority having the jurisdiction. The fire resistant glass possesses wide range of applications in building & construction, marine, and other applications such as transportation, refineries and aerospace. ...... Read More	July 15, 2024
Top Companies in Threat Hunting Industry - IBM (US) and Kaspersky (Russia) According to MarketsandMarkets, the threat-hunting market is set to grow significantly. It's expected to be worth around USD 3.4 billion in 2024 and increase to about USD 6.9 billion by 2029 at a CAGR of 14.9% during the forecast period. Cyberattacks' increasing speed and ferocity, driven by adversaries' abilities to compress the time between initial entry and lateral movement within networks, will act as a market driver for the threat hunting industry. As attacks become faster and more sophisticated, organizations will increasingly recognize the necessity of proactive defense measures like threat hunting. ...... Read More	July 12, 2024
Market Leaders - Carbonization Furnace Market The Carbonization furnace market size is projected to grow from USD 263 million in 2024 to USD 425 million by 2029, registering a CAGR of 10.1% during the forecast period. The Carbonization furnace market is experiencing robust growth due to several key factors and opportunities. These furnaces facilitate the transformation of diverse organic waste materials, such as agricultural residues and forestry waste, into biochar, thereby alleviating the pressure on landfills and promoting circular economy principles by converting waste into a valuable resource. As agricultural practices transition towards sustainability, biochar emerges as a natural soil amendment, enhancing crop productivity and reducing reliance on chemical fertilizers. Furthermore, the growing need for carbon credits and the development of carbon markets are driving demand for biochar, consequently boosting the need for carbonization furnaces. ...... Read More	July 12, 2024
DENTSPLY SIRONA Inc. (US) and Planmeca Group (Finland) are Leading players in the Dental Equipment Market The dental equipment market is projected to reach USD 9.3 Billion by 2029 from USD 6.9 Billion in 2024 at a CAGR of 6.2% during the forecast period. Innovations in dental technology, such as 3D printing, digital dentistry, CAD/CAM systems, and laser dentistry, are significantly transforming the dental equipment market, driving robust growth. 3D printing is revolutionizing the production of dental implants, crowns, and bridges by enabling precise customization, reducing production times, and lowering costs. Digital dentistry, incorporating advanced imaging technologies like cone-beam computed tomography (CBCT) and intraoral scanners, enhances diagnostic accuracy and treatment planning, leading to improved patient outcomes. CAD/CAM systems streamline the design and manufacturing of dental restorations, increasing efficiency and precision while minimizing errors. Laser dentistry offers minimally invasive procedures, reducing patient discomfort and recovery times, and is increasingly used for soft tissue surgeries, cavity preparations, and teeth whitening. These technological advancements are not only improving the quality and efficiency of dental procedures but also driving the adoption of modern dental equipment by practitioners seeking to stay competitive and provide high-quality care. Additionally, the integration of artificial intelligence (AI) and machine learning in diagnostic and treatment planning tools further optimizes clinical decision-making and personalized treatment plans. As a result, the dental equipment market is experiencing substantial growth, driven by the continuous development and adoption of cutting-edge technologies that enhance procedural accuracy, efficiency, and patient satisfaction. Compliance with stringent regulatory standards and guidelines for dental equipment can be a significant barrier. ...... Read More	July 12, 2024
Intelligent Transportation System Companies - Siemens (Germany) and Hitachi Ltd. (Japan) are the Key Players The global intelligent transportation system market is expected to reach USD 70.7 billion in 2029 from USD 50.7 billion in 2024, at a CAGR of 6.9% during the forecast period. Rising urbanization and investments in smart cities in emerging economies are the major driving factors for the market's growth. ...... Read More	July 11, 2024
Thermo Fisher Scientific Inc. (US) and Agilent Technologies, Inc. (US) are Leading Players in the High-Throughput Screening (HTS) Market The global high-throughput screening (HTS) market size is projected to reach USD 50.2 billion by 2029 from USD 28.8 billion in 2024, at a CAGR of 11.8% during the forecast period. Major factors driving the growth of the high throughput screening (HTS) market include rising R&D investments by pharmaceutical and biotechnology companies, ongoing technological advancements in the high throughput screening instruments and systems, and the growing adoption of an open innovation model by pharmaceutical and research institutions. Furthermore, the increasing utilization of High-throughput screening systems for drug repurposing, and novel therapeutic research further supports the market’s growth. ...... Read More	July 11, 2024
Enersys (US) and C&D Technologies, Inc. (US) are Leading Players in the Industrial Batteries Market The global Industrial Batteries market is projected to grow from USD 21.2 billion in 2024 to USD 34.7 billion by 2029, at a CAGR of 10.3% during the forecast period. The growth of this market is attributed to rising adoption of lithium-ion batteries in renewable energy sector and increasing demand for grid energy storage systems owing to ongoing grid modernization. ...... Read More	July 11, 2024
Top Companies in Blockchain Industry - AWS (US) and Oracle (US) The global blockchain market size is projected to grow from USD 20.1 billion in 2024 to USD 248.9 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. The expansion of blockchain is propelled by the increasing venture capital funding and investments in blockchain technology. ...... Read More	July 11, 2024
Building Twin Companies - Microsoft (US) and Siemens (Germany) are the Key Players The building twin market is expected to grow from USD 2.1 billion in 2024 to USD 13.3 billion by 2029, at a CAGR of 44.7% during the forecast period. ...... Read More	July 11, 2024
Battery Testing, Inspection, and Certification Companies - UL LLC(US) and SGS SA (Switzerland) are the Key Players The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. ...... Read More	July 10, 2024
Novo Nordisk A/S (Denmark) and Eli Lilly and Company (US) are Leading Players in the GLP-1 Analogues Market The global GLP-1 Analogue market is expected to reach USD 471.1 billion by 2032 from USD 47.4 billion in 2024, at a CAGR of 33.2% during the forecast period. Growth in the GLP-1 Analogue market is mainly driven by factors such as the expanding clinical pipeline, the effectiveness of the GLP-1 drug class in the treatment of lifestyle diseases, including obesity and type 2 diabetes, and the growing demand for these products. However, the increasing off-label use of these drugs is expected to hinder the growth of this market in the coming years. ...... Read More	July 10, 2024
Industrial Metaverse Companies - NVIDIA Corporation (US) and Microsoft (US) are the Key Players The global industrial metaverse market size is estimated to be USD 28.7 billion in 2024 and is projected to reach USD 228.6 billion by 2029, at a CAGR of 51.5% during the forecast period. The key factors fuelling the growth of this market are the rising adoption of digital twins, advancement in core technologies such as AR, VR, AI, and IoT, rising demand for efficiency and optimization in industrial sector, and addressing skill gaps and workforce challenges through industrial metaverse. ...... Read More	July 10, 2024
Top Companies in Bifacial Solar Industry - LONGi (China), Trinasolar (China) and Canadian Solar (Canada) The global bifacial solar market is expected to reach USD 37.6 billion by 2029, up from an anticipated USD 18.5 billion in 2024, at a CAGR of 15.2% over the forecast period. Bifacial solar occupies a crucial position in the ongoing global energy transition. The decreasing cost of solar technology, including bifacial panels, makes it more economically viable for large-scale and residential projects. ...... Read More	July 10, 2024
Blockchain Interoperability Market Booming: Size and Share, Key Drivers for Explosive Growth The size of the worldwide market for blockchain interoperability is anticipated to increase at a compound annual growth rate of 27.2% from USD 0.3 billion in 2023 to USD 1.0 billion by 2028. ...... Read More	July 10, 2024
Top Companies in 5G NTN Industry - Keysight Technologies, Inc (US) and EchoStar Corporation (US) \| MarketsandMarkets The global 5G NTN market size is projected to grow from USD 7.2 billion in 2024 to USD 31.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 34.7% during the forecast period. The digital divide is a significant driver for the 5G NTN market. Traditional cell towers struggle to reach remote and rural areas due to challenging terrain and sparse populations, leaving these regions with limited or no internet access. 5G NTN, particularly with satellite technology, bypasses these limitations. This enables these underserved regions to finally participate in the digital revolution, unlocking opportunities for economic growth, education, healthcare, and social inclusion. This bridge across the digital divide fuels the 5G NTN market as governments and private companies strive to connect the unconnected. ...... Read More	July 10, 2024
United Rentals Inc. (US) and Liebherr (Germany) are Leading players in the Crane Rental Market The crane rental market is projected to reach USD 64.8 billion by 2029, at a CAGR of 5.1% from USD 50.6 billion in 2024. The crane rental market is driven by the continuous evolution of urban areas into smart cities, coupled with the swift urbanization observed in developing nations, which increases the demand for residential and commercial constructions, thereby driving the need for crane rentals. ...... Read More	July 10, 2024
Border Security Companies - Lockheed Martin Corporation (US) and General Dynamics Corporation (US) are the Key Players The border security market is projected to reach USD 34.4 billion by 2029, from USD 26.8 billion in 2024, at a CAGR of 5.1%. Factors including rising geopolitical instability, increasing terrorist fatalities necessitates border security systems, public safety concerns near border areas, and growing adoption of new technologies for border security are expected to drive the market growth. ...... Read More	July 9, 2024
Körber AG (Germany) and Mettler-Toledo (Switzerland) are Leading players in the Pharmaceutical Inspection Machines Market The pharmaceutical inspection machines market is projected to reach USD 1.4 billion by 2029 from USD 0.9 billion in 2024, at a CAGR of 7.6% during the forecast period. The growth of the pharmaceutical inspection machines market is driven by stringent regulatory requirements, technological advancements in machine vision and AI and rise in pharmaceutical outsourcing. Furthermore, demand for pharmaceutical inspection machines is also fueled by the need for better quality assurance, more efficient production lines, and reliable detection of defects in pharmaceutical products. ...... Read More	July 9, 2024
BASF SE (Germany) and Covestro AG (Germany) are Leading Players in the Hydrochloric Acid Market The global hydrochloric acid market is projected to grow from USD 2.2 billion in 2024 to USD 3.0 billion by 2029, at a CAGR of 6.5% during the forecast period. The major driving factors for the growth of the hydrochloric acid market are the steel pickling, production of inorganic compounds, pH control and neutralization, regeneration of ion exchangers, and increase demand for water & wastewater treatment. ...... Read More	July 9, 2024
Top Companies in Carbon Credit Validation Verification and Certification Industry - VERRA (US) and Gold Standard (Switzerland) The global carbon credit validation, verification, certification market is projected to grow from an estimated USD 226 million in 2024 to USD 884 million by 2030, demonstrating a CAGR of 25.5% during this five-year period. The global carbon credit validation, verification, and certification (VV&C) market is primarily driven by increasing regulatory pressures to reduce greenhouse gas emissions, growing corporate sustainability commitments, advancements in technology such as blockchain and remote sensing for accurate monitoring, and rising investor demand for transparent and accountable carbon offset projects. Additionally, government initiatives and international agreements like the Paris Agreement bolster the market by setting clear targets and frameworks for carbon reduction, further fueling the demand for reliable VV&C services to ensure the integrity and credibility of carbon credits. ...... Read More	July 9, 2024
Digital Radar Companies - Lockheed Martin Corporation (US) and Thales (France) are the Key Players The digital radar market is projected to grow from USD 5.9 billion in 2024 and is expected to reach USD 13.7 billion by 2029, growing at a CAGR of 18.2% from 2024 to 2029. Autonomous vehicles extensively employ digital radar technology to identify and track objects. Digital radar play a major role in autonomous vehicles to navigate safely and efficiently through various weather conditions such as fog. Feature of digital radar technology is also globally being adopted by manufacturers of self-driving cars. ...... Read More	July 9, 2024
Oracle (US) and Veradigm LLC (US) are Leading Players in the Medical Billing Market The Medical Billing market is projected to reach USD 27.7 billion by 2029 from USD 16.8 billion in 2024, at a CAGR of 10.5% from 2024 to 2029. As it entails filing claims to health insurance companies and following up on them to guarantee payment for services performed by medical professionals, the medical billing market is a significant component of the healthcare industry. The market for medical billing is expanding due to several factors, including increased attention being paid to medical billing, stringent regulations requiring knowledge of compliance, rising healthcare costs worldwide, technological advancements in electronic health records and billing software, and greater accessibility to healthcare insurance. The aging population and the increased incidence of chronic diseases drive up demand for medical billing services. ...... Read More	July 9, 2024
Top Companies in Identity Security Posture Management (ISPM) Industry - Cisco (US) and CrowdStrike (US) The identity security posture management (ISPM) market size is projected to grow from USD 13.7 billion in 2024 to USD 33.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The growth of the ISPM market is fueled by the shift to cloud services, expanding the potential for identity-based attacks and boosting the demand for secure identity management in cloud environments. ...... Read More	July 9, 2024
Top Companies in AI Model Risk Management Industry - Microsoft(US), IBM(US) and SAS Institute (US) The global AI Model Risk management market is projected to register a CAGR of 12.9% during the forecast period, reaching USD 10.5 billion by 2029 from an estimated USD 5.7 billion in 2024. Major factors to boost the market growth include the increasing need to establish robust security protocols, monitor compliance, and respond effectively to emerging threats, the rising need to automate risk assessment for degraded manual errors, and the need to automate the model lifecycle, improve efficiency, and surge the quality of the final production models. ...... Read More	July 9, 2024
Mesh Gateway Companies - Eaton (Ireland) and Honeywell International, Inc. (US) are the Key Players The mesh gateway market is expected to be 1.3 billion in 2024 and reach USD 2.2 billion by 2029, with a CAGR of 11.5% between 2024 and 2029. The market for mesh gateways is a growing market and is driven by several key factors. Key drivers of the mesh gateway market include the growing adoption of internet users across the globe. As the demand for enhanced networks is increasing to connect multiple devices, mesh networking plays a crucial role. As the deployment of mesh networks increases, the market for mesh gateways is expected to increase during the forecast period. ...... Read More	July 8, 2024
Market Leaders - Tetraacetylethylenediamine (TAED) Market The TAED market size is projected to grow from USD 881 million in 2024 to USD 1,070 million by 2029, registering a CAGR of 4.0% during the forecast period. The demand for TAED is driven by factors such as the environmentally friendly properties of TAED and the energy-saving characteristics of TAED as it helps reduce the power consumption of washing machines. ...... Read More	July 8, 2024
Top Companies in Cloud FinOps Industry - AWS (US) and Oracle (US) The global cloud FinOps market will grow from USD 13.5 billion in 2024 to USD 23.3 billion by 2029 at a compounded annual growth rate (CAGR) of 11.4% during the forecast period. Cloud FinOps, which stands for Financial Operations, helps businesses worldwide control and manage their cloud expenses efficiently. It is a cooperative process of finance, operations, and engineering, where cloud investments will meet all the organizational objectives at an optimal cost. Through the use of cloud FinOps best practices, organizations can monitor their actual usage of the cloud and, as a result, gain actionable insights on where they can cut costs and spend too much. It helps to create a culture of decisions where each team has to control its costs and optimize expenses on cloud services without reducing effectiveness. ...... Read More	July 8, 2024
DeLaval (Sweden) and Zoetis Inc. (US) are Leading Players in the Udder Health Market The global udder health market is projected to reach USD 1.6 billion by 2029 from USD 1.2 billion in 2024 at a CAGR of 5.9%. ...... Read More	July 8, 2024

Home › Research Insight

Research Insight

How can we help you?