Research Insight

Savory Ingredients Market Size & Share - Future Growth Prediction

The global savory ingredients market size is on a trajectory of significant expansion, with an estimated value projected to reach USD 12.1 billion by 2029 from the 2024 valuation of USD 9.4 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.2%.

• Published: April 2024

Savory Ingredients Industry - Upcoming Growth Trends in the Global Market

The global savory ingredients market is on a trajectory of significant expansion, with an estimated value projected to reach USD 12.1 billion by 2029 from the 2024 valuation of USD 9.4 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.2%. The savory ingredients industry encompasses a wide range of products used to enhance the taste, aroma, and overall flavor profile of food and beverage products. These ingredients include herbs, spices, seasoning blends, flavor enhancers, natural extracts, and savory additives. The market is driven by several factors, including changing consumer preferences towards healthier and more flavorful food options, the rise of global cuisines and culinary diversity, advancements in food processing technologies and flavor science, and increasing demand for convenience and ready-to-eat meals.

Overall, the savory ingredients market continues to experience steady growth, fueled by evolving consumer tastes, technological advancements, and increasing demand for flavorful and nutritious food products across the globe.

• Published: April 2024

Top Companies in Laboratory Filtration Market - Merck KGaA (Germany) and Danaher Corporation (US) are the Leading Players

The global laboratory filtration market is projected to reach USD 6.1 billion by 2029 from USD 4.1 billion in 2024, at a CAGR of 8.3% during the forecast period of 2024 to 2029. Growth in the laboratory filtration market can be attributed to factors such as increasing R&D spending in pharmaceutical & biotechnology industries, increasing adoption of single-use technologies, and strict regulatory requirements. On the other hand, membrane fouling issues along with the risk of contamination are expected to hinder market growth.

• Published: April 2024

Savory Ingredients Companies - Kerry Group plc. (Ireland), Ajinomoto Co., Inc. (Japan) and ADM (US)

The savory ingredients market, currently valued at USD 9.4 billion in 2024 and poised to achieve a 5.2% CAGR, reaching USD 12.1 billion by 2029, is experiencing transformative shifts and innovations. Savory ingredients play a pivotal role in the food and beverage industry, permeating various product categories. From snacks and ready-to-eat meals to sauces, seasonings, and condiments, savory ingredients contribute to flavor enhancement and consumer satisfaction. Their inclusion is not merely for taste but also to meet evolving consumer preferences for diverse and flavorful food experiences. As consumer lifestyles become increasingly hectic, there's a growing inclination towards convenient food options. This shift has fueled demand for savory ingredients as they are integral to the formulation of convenient and on-the-go food products, catering to the needs of modern consumers seeking both taste and convenience.

• Published: April 2024

Defense Cybersecurity Market Size

The Defense Cybersecurity Market Size is estimated to be USD 36.9 Billion in 2023 and is projected to reach USD 49.4 Billion by 2028, at a CAGR of 6.0% from 2023 to 2028.  The key driving factor for the growth of the Defense Cybersecurity Industry is the continuously evolving and increasingly sophisticated nature of cyber threats. As technological advancements permeate military operations, the attack surface expands, and cyber adversaries develop new tactics to exploit vulnerabilities. The growing complexity of military systems, coupled with the interconnectedness of defense networks, makes them lucrative targets for various malicious actors, including state-sponsored entities, cybercriminals, and hacktivists.

• Published: April 2024

Top Companies in Plant Growth Regulators Industry - Corteva Agriscience (US), Syngenta Group (Switzerland)

The plant growth regulators market is estimated at USD 3.3 billion in 2024 and is projected to reach USD 4.6 billion by 2029, at a CAGR of 7.2% from 2024 to 2029.

• Published: April 2024

SiC-on-Insulator (SiCOI) Film Companies - SOITEC (France) and SICOXS CORPORATION (Japan) are the Key Players

The SiC-on-insulator (SiCOI) film market is projected to reach USD 1,134 million by 2029 from USD 37 million in 2024, at a CAGR of 98.1% from 2024 to 2029. Increasing demand for high-power electronics across various industries, the growing emphasis on energy efficiency and sustainability, and expanding telecommunication and data communication networks are some major factors driving the growth of the SiC-on-insulator (SiCOI) film market.

• Published: April 2024

Top Companies in Digital Asset Management - Adobe (US), Wedia (France)

The digital asset management market is expected to grow at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period, from USD 5.3 billion by 2024 to USD 10.3 billion by 2029. The need for on-site support and enhancing customer experience is expected to drive the adoption of FSM solutions during the forecast period.

• Published: April 2024

Top Companies in Beta-Glucan Industry - Tate & Lyle PLC (UK), Kerry Group plc (Ireland) and dsm-Firmenich (Switzerland)

In addition to the food and beverage sector, the beta-glucan market has expanded into pharmaceuticals, animal feed, and cosmetics, showcasing its versatility and potential for innovation. The pharmaceutical industry, in particular, has shown interest in beta-glucans for their potential in cancer treatment and as adjuvants in vaccines. Moreover, advancements in extraction technologies and increasing research and development activities have paved the way for the development of new and improved beta-glucan products. However, the market also faces challenges such as high production costs and regulatory hurdles, which could hinder its growth to some extent. Nonetheless, with ongoing research and growing consumer demand, the beta-glucan market is expected to continue its upward trajectory in the coming years.

• Published: April 2024

Top Companies in Allergy Diagnostics Market - Danaher Corporation (US) and Thermo Fisher Scientific Inc., (US) are the Leading Players

The global Allergy Diagnostics market is projected to reach USD 9.8 billion by 2029 from USD 5.3 billion in 2024, at a CAGR of 11.0% during the forecast period. One of the main factors propelling this market's expansion is the rising incidence of allergy illnesses. The primary drivers of this market's expansion are the availability of health insurance and the increasing amount of money that companies are investing in Allergy Diagnostics.

• Published: April 2024

Farm Management Software Companies - AGRIVI (UK) and Trimble Inc. (US) are the Key Players

The Farm Management Software Market is projected to reach from USD 3.4 billion in 2024 to USD 5.8 billion by 2029; it is expected to grow at a CAGR of 11.0% from 2024 to 2029. The farm management software market is witnessing significant growth mainly due to its capacity to enhance efficiency, decrease expenses, promote sustainability, and enable data-driven decision-making in modern agriculture.

• Published: April 2024

Polyethyleneimine Companies - Nippon Shokubai Co. Ltd (Japan) and BASF SE (Germany) are Leading players in the Polyethyleneimine Market

The polyethyleneimine market is projected to grow from USD 479 million in 2024 to USD 497 million by 2029, at a CAGR of 0.8% between 2024 and 2029. The driving factor for polyethyleneimine lies in its diverse range of applications across multiple industries. Its versatility as a flocculant, adhesive, coating agent, and in biomedical applications makes it indispensable for various processes. Polyethyleneimine's ability to form stable complexes with different molecules, high cationic charge density, and excellent film-forming properties contribute to its widespread use. As industries continue to seek efficient solutions for water treatment, surface modification, and biomedical research, the demand for polyethyleneimine remains strong, fueled by its indispensable role in addressing diverse application needs.

• Published: April 2024

Robotic Palletizer Companies - FANUC CORPORATION (Japan) and KION GROUP AG (Germany) are the Key Players

The robotic palletizer market is projected to grow from USD 1.4 billion in 2024 and is expected to reach USD 1.9 billion by 2029, growing at a CAGR of 5.9% from 2024 to 2029. The need for automated solutions is increasing mainly owing to the growing labor shortage and the need for workforce optimization. It is becoming challenging to find and retain a qualified and skilled workforce which is why robotic palletizers are becoming increasingly popular. They can operate 24/7 without breaks or fatigue, which significantly boosts productivity compared to manual labor forces.

• Published: April 2024

Top Companies in Sterilization Equipment Market - STERIS Corporation (US) and Sotera Health (US) are the Leading Players

The global sterilization equipment market is valued at an estimated USD 16.8 billion in 2024 and is projected to reach USD 24.7 billion by 2029, at a CAGR of 7.9% during the forecast period. The sterilization equipment market is driven by the growing number of surgeries, rising incidence of hospital-acquired infections (HAIs) and increasing outsourcing of sterilization services among pharmaceutical companies, medical device manufacturers, and hospitals. According to the World Health Organization (WHO), of every 100 hospitalized patients at any given time, seven patients in developed countries and ten patients in developing countries acquire at least one healthcare-associated or hospital-acquired infection. Sterilization equipment is crucial for preventing and controlling the spread of such infections hence supporting the overall market growth.

• Published: April 2024

VSaaS Companies - ADT (US) and Johnson Controls (Ireland) are the Leading Manufacturers

The global VSaaS market is expected to be valued at USD 5.0 billion in 2024 and is projected to reach USD 10.7 billion by 2029; it is expected to grow at a CAGR of 16.1% from 2024 to 2029. Product launches, acquisitions, collaborations, partnerships, agreements, and expansions are the major growth strategies the market players adopt. These strategies have enabled them to efficiently fulfill the growing demand for VSaaS from different verticals and expand their global footprint by offering their products in all the major regions.

• Published: April 2024

Blowing Agent Companies - Honeywell International Inc. (US), Solvay (Belgium) are Leading players in the Blowing Agent Market

The blowing agent market is expected to grow at a CAGR of 5.5% to reach USD 2.3 billion by 2029 from USD 1.8 billion in 2024. The market growth is driven by various factors, including the significant demand from construction and automotive industry.

• Published: April 2024

New Trends in Cloud Analytics Market

The market for cloud analytics is anticipated to expand at a compound annual growth rate (CAGR) of 27.1% from USD 35.7 billion in 2024 to USD 118.5 billion in 2029. Finding important business insights through data analysis within a cloud-based platform is known as cloud analytics. It gives customers the ability to examine enormous cloud-stored datasets in order to spot important trends, forecast results, and make wise decisions. Through the application of this methodology, companies can adopt proactive measures grounded in data-driven tactics, thereby optimizing their processes and accomplishing their goals.

• Published: April 2024

Top Companies in Hemodialysis and Peritoneal Dialysis Market: Fresenius Medical Care AG & Co. KGaA (Germany) are the Leading Players

The global hemodialysis and peritoneal dialysis market is projected to reach USD 126.2 billion by 2029 from USD 92.0 billion in 2024 at  a CAGR of  6.5% during the forecast period.

• Published: April 2024

Unmanned Underwater Vehicles Companies - Kongsberg (Norway) and Oceaneering International, Inc. (US) are the Key Players

The unmanned underwater vehicles market is valued at USD 4.8 billion in 2024 and is projected to reach USD 11.1 billion by 2030, at a CAGR of 15.0% from 2024 to 2030. The market growth is driven by increasing investment in deployment of UUVs for various commercial and defense applications. Prominent companies in this industry are primarily located in Europe, Asia Pacific and North America. Kongsberg (Norway), Saab AB (Sweden), Oceaneering International, Inc. (US), Boeing (US), and Fugro (Netherlands) are recognized as key players in the unmanned underwater vehicles market. Key players in unmanned underwater vehicles market are investing heavily in developing advanced UUVs for various underwater applications. They are also focusing on partnerships and collaborations to expand their market presence and offer comprehensive solutions.

• Published: April 2024

Solid Biomass Feedstock Companies - Stora Enso (Finland), Drax Group plc (UK) and Segezha Group (UK) are Key Players

The global solid biomass feedstock market is projected to reach USD 36.2 billion by 2029 from an estimated USD 26.6 billion in 2024, at a CAGR of 6.3% during the forecast period. The rising environmental concerns, increasing focus on renewable energy, and the growing demand for alternative to fossil fuels is driving the growth of the solid biomass feedstock market.

• Published: April 2024

Sulphur Pastilles Companies - Coogee Chemicals (Australia) and Martin Midstream Partners L.P. (US) are Leading Players in the Sulphur Pastilles Market

The sulphur pastilles market size was USD 1.4 billion in 2023 and is projected to reach USD 1.6 billion by 2028 at a CAGR of 3.2% between 2023 and 2028. Sulphur pastilles are a particular type of sulphur that is mostly utilized in fertilizers, chemical processing, rubber vulcanization, and the production of sulfuric acid. The rising demand for sulphuric acid, particularly in sectors like agriculture and chemical manufacturing, drives the market. Sulphur pastilles serve as a convenient source of sulphur for both agricultural applications and sulphuric acid production, contributing to market growth.

• Published: April 2024

Top Companies in Functional Food Ingredients Industry - Cargill, Incorporated (US), BASF SE (Germany) and ADM (US)

The functional food ingredients market, currently valued at USD 119.2 billion in 2024 and poised to achieve a 6.8% CAGR, reaching USD 165.8 billion by 2029, is experiencing transformative shifts and innovations. The functional food ingredients demand is fueled by consumer demand for wholesome, sustainably sourced products that offer health benefits beyond basic nutrition. Functional food ingredients play a crucial role in addressing consumers' increasing focus on health and wellness. These ingredients offer additional health benefits beyond basic nutrition, such as improved digestion, enhanced immunity, and better heart health.

• Published: April 2024

Smart Railways Market Size & Share - Future Growth Expectations

By 2027, the global Smart Railways Market will be worth USD 43.0 billion, up 8.3% from USD 28.9 billion in 2022.

Demand for efficient rail operations, high demographic growth, hyper-urbanization, technological advancements aimed at improving customer experience, a surge in government initiatives and Public-Private Partnerships (PPP), and the deployment of loT and automation technologies to improve smart railway efficiency are some of the key factors driving the smart railways market's growth.

• Published: April 2024

Top Companies in Patient Monitoring Devices Market: Abbott Laboratories, Inc. (US) and Medtronic plc (Ireland) are the Leading Players

The patient monitoring devices market is projected to reach USD 71.1 billion by 2029 from USD 48.5 billion in 2024, growing at a CAGR of 8.0% during the forecast period. Growth in the patient monitoring market is mainly due to an increase in demand for biosensors, remote patient monitoring,  Growing investments and patient benefits such as early detection of disease for treatment.

• Published: April 2024

Cloud Storage Boom: Drivers and Key Players Shaping the Market

Over the projected period, the cloud storage market is expected to grow at an 18.8% compound annual growth rate (CAGR), from USD 99.2 billion in 2023 to USD 234.9 billion in 2028. The global Cloud Storage market is predicted to increase due to the need for convenient deployment in disaster-prone locations, adherence to regulatory compliance and government-led reporting standards across verticals and regions and need for enterprise service management across verticals.

• Published: April 2024

Fortify Your Defenses: Top Trends Shaping the Penetration Testing Market

The penetration testing market is expected to expand from USD 1.7 billion in 2024 to USD 3.9 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 17.1% over the forecast period. The ever-changing nature of cyber threats fuels the growth of the penetration testing market, particularly in digital risk attacks. As cyberattacks become more common and sophisticated, businesses prioritise security precautions to protect their systems.

• Published: April 2024

Boltify Your Defenses: Why Penetration Testing is Booming

The penetration testing market is expected to expand from USD 1.7 billion in 2024 to USD 3.9 billion by 2029, with a compound annual growth rate (CAGR) of 17.1% during the forecast period. The ever-changing nature of cyber threats is driving the growth of the penetration testing market, particularly in digital risk attacks. As cyberattacks become more common and sophisticated, businesses priorities security solutions to protect their systems.

• Published: April 2024

Top Trends Shaping the Global Edge Computing Market

During the projection period, the edge computing market is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.0%, rising from USD 60.0 billion in 2024 to USD 110.6 billion in 2029. The worldwide Edge computing market is predicted to develop due to improved data security, lower latency, higher bandwidth gains across verticals, organisations, and regions around the world, as well as increased acceptance of digital transformation projects.

• Published: April 2024

Powering the Future: Top Trends Driving the Edge Computing Boom

During the projection period, the Edge computing market is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.0%, rising from USD 60.0 billion in 2024 to USD 110.6 billion in 2029. Enhanced data security, lower latency, higher bandwidth gains across verticals, organisations, and locations worldwide, as well as increased acceptance of digital transformation initiatives, are projected to drive the global Edge computing market.

• Published: April 2024

Railway Management System Market Trends - Global Growth Projections

The Railway Management System Market size is projected to grow from USD 57.1 billion in 2024 to USD 87.3 billion by 2029, at a CAGR of 8.9% over the forecast period.

• Published: April 2024

Railway Management System Market Size & Share - Future Growth Expectations

The Railway Management System Market size is expected to grow from USD 57.1 billion in 2024 to USD 87.3 billion by 2029, at an 8.9% CAGR over the forecast period.

• Published: April 2024

Top Companies in Human Identification Market - Thermo Fisher Scientific Inc. (US) and QIAGEN N.V. (Netherlands) are the Leading Players

The human identification market is valued at an estimated USD 0.8 billion in 2024 and is projected to reach USD 1.3 billion by 2029 at a CAGR of 10.7% during the forecast period. The growth of this market is mainly driven by government initiatives for forensic programs, increasing demand for paternity testing, rise in crime rates, market expansion initiatives by key players, and the rising awareness among investigators about the role of DNA profiling in criminology.

• Published: April 2024

Hyperspectral Imaging Systems Companies - Corning Incorporated (US) and SPECIM, SPECTRAL IMAGING LTD. (Finland) are the Leading Manufacturers

The global hyperspectral imaging systems market is expected to be valued at USD 847 million in 2024 and is projected to reach USD 1,535 million by 2029 and grow at a CAGR of 12.6% from 2024 to 2029. Market participants have diversified their offerings, extending their global reach through strategic growth approaches like introducing new products and collaborations, establishing alliances, forging partnerships, and expanding their operations.

• Published: April 2024

The Future of Cloud Storage: Top Trends Shaping the Market

Over the projected period, the cloud storage market is expected to grow at a CAGR of 18.8%, from USD 99.2 billion in 2023 to USD 234.9 billion in 2028. The desire for easy deployment in disaster-prone locations, adherence to regulatory compliance and government-led reporting standards across verticals and countries, and demand for enterprise service management across verticals are projected to fuel the growth of the worldwide Cloud Storage market.

• Published: April 2024

Unveiling the Future: Top Trends Shaping the Speech Analytics Market

The speech analytics market is expected to increase from USD 3.3 billion in 2024 to USD 7.3 billion by 2029, with a compound annual growth rate (CAGR) of 17.5% during the forecast period. Some of the factors driving the growth of the speech analytics market include the growing demand to upgrade omnichannel integration capabilities, the growing need to improve and monitor agent performance, and the growing need to use analytics for customer retention and satisfaction.

• Published: April 2024

Powering Growth: Key Drivers and Players in the Speech Analytics Market

The speech analytics market is expected to increase from USD 3.3 billion in 2024 to USD 7.3 billion in 2029, with a compound annual growth rate (CAGR) of 17.5% during the forecast period. Some of the factors driving the speech analytics market growth include the growing demand to upgrade omnichannel integration capabilities, the growing need to improve and monitor agent performance, and the growing need to leverage analytics for customer retention and satisfaction.

• Published: April 2024

Unlocking the Potential: Top Trends Driving the LLM Revolution

The global Large Language Model (LLM) market is expected to grow at a CAGR of 33.2% over the forecast period, reaching USD 36.1 billion in 2030 from an estimated USD 6.4 billion in 2024. A convergence of forces is driving the growth of large-scale language modelling systems. These include increased availability of massive datasets, advances in deep learning algorithms, and an increasing demand for automated content generation and curation.

• Published: April 2024

The LLM Boom: Growth Drivers and Key Players Shaping the Future

The global Large Language Model (LLM) market is expected to grow at a 33.2% CAGR over the forecast period, reaching USD 36.1 billion by 2030 from an estimated USD 6.4 billion in 2024. A convergence of forces drives the development of massive language model solutions. These include increased access to massive datasets, advances in deep learning algorithms, and an increasing demand for automated content generation and curation.

• Published: April 2024

See the Future: Top Trends Shaping the Image Recognition Market

The image recognition market is predicted to develop at a Compound Annual Growth Rate (CAGR) of 16.1% over the forecast period, rising from USD 46.7 billion in 2024 to USD 98.6 billion by 2029. Increasing demand for image recognition software for video surveillance, facial recognition, and anomaly detection is likely to fuel market expansion over the forecast period.

• Published: April 2024

Key Drivers Powering the Image Recognition Boom

The image recognition market is predicted to increase at a Compound Annual Growth Rate (CAGR) of 16.1% over the forecast period, from USD 46.7 billion in 2024 to USD 98.6 billion in 2029. The increased demand for image recognition software for video surveillance, facial identification, and anomaly detection is likely to fuel market expansion throughout the forecast period.

• Published: April 2024

Siemens Healthineers AG (Germany) and Elekta (Sweden) are Leading players in the Robotic Radiotherapy Market

The global robotic radiotherapy market is projected to reach USD 1.9 billion by 2028 from USD 1.1 billion in 2023, growing at a CAGR of 11.9% during the forecast period. The growing use of the robotic radiotherapy market for cancer treatment is propelled by increasing adoption driven by technological advancements and a rising prevalence of cancer. Growing demand for non-invasive treatments further fuels this growth. Additionally, increased healthcare expenditure in developing countries, coupled with government and private investments, bolster the adoption of radiotherapy. However, challenges such as inadequate healthcare infrastructure, high costs associated with robotic radiotherapy, technological complexity, and a shortage of skilled radiologists are anticipated to impede market growth in the forecast period.

• Published: April 2024

Top Companies in Diesel Generator Industry - Caterpillar (US), Cummins Inc., (US), Generac power systems, Inc (US) and Rolls-Royce PLC (UK)

The diesel generator market is forecast to reach USD 23.38 billion by 2029 from an estimated USD 17.93 billion in 2024, at a CAGR of 5.4% during the forecast period (2024-2029). The increasing construction costs due to developing industrial infrastructures, rapidly growing infrastructure development across emerging economies, expanding seaway trades and construction of new vessels in the marine diesel generator market are the key factors driving the diesel generator market.

• Published: April 2024

Top Companies in Apheresis Market: Terumo BCT, Inc. (Japan) and Fresenius SE & Co. KGaA (Germany) are the Leading Players

The apheresis market is projected to reach USD 3.9 billion by 2029 from USD 2.6 billion in 2024, at a CAGR 8.8 % from 2024 to 2029. Apheresis is the process of utilizing specialized medical equipment to extract specific components from the blood of a donor or patient, while simultaneously returning the remainder either with or without additional extracorporeal treatment. This process encompasses the use of devices and disposable materials employing centrifugation and membrane separation/filtration technologies for the precise isolation of blood components. The growth of this market is driven by increase in prevalence of the chronic diseases and upsurging number of trauma and injury cases.

• Published: April 2024

Top Companies in Progressing Cavity Pump Industry - NETZSCH (Germany) and NOV (US)

The progressing cavity pump market is projected to witness substantial growth, with an anticipated increase from approximately USD 2.8 billion in 2024 to USD 3.6 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.0 % throughout the forecast period.

• Published: April 2024

Top Companies in Electric Coolant Pump Industry - Rheinmetall Automotive AG(Germany), Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Continental AG (Germany), and MAHLE GmbH (Germany) are the Leading Players

The electric coolant pump market for electric vehicles is projected to reach USD 3.9 billion by 2030 from an estimated USD 1.9 billion in 2024 at a CAGR of 12.8%  during the forecast period. The base year for the report is 2023, and the forecast period is from 2024 to 2030.

• Published: April 2024

Top Companies in Automotive Filters Industry - MANN+HUMMEL (Germany), MAHLE GmbH (Germany), Donaldson Company, Inc. (US) and Robert Bosch GmbH (Germany) are Leading Players

The global automotive filters market is projected to grow from USD 12.9 billion in 2024 to USD 14.6 billion by 2030, at a CAGR of 2.1% during the forecast period. Increased stringent emission & fuel economy norms, rise in electric & hybrid vehicle sales, and growing vehicle parc and increase in average miles driven annually are expected to be key factors driving the automotive filters market.

• Published: April 2024

Top Companies in Protein Alternatives Industry - ADM (US), Cargill Incorporated (US) and International Flavors & Fragrances Inc. (US)

The protein alternatives market is estimated at USD 15.7 billion in 2024 and is projected to reach USD 25.2 billion by 2029, at a CAGR of 9.9.% from 2024 to 2029. The recent rise in the popularity of alternative proteins, including plant-based, microbial, and insect proteins, can be attributed to several key factors, such as heightened health awareness, ethical considerations, environmental concerns, and diverse dietary preferences. Consumers are increasingly turning to these protein alternatives due to allergies, specific dietary needs, or a desire for healthier, more sustainable options. Notably, there is a growing preference for plain and unsweetened protein products, particularly among those seeking low-calorie and low-fat choices.

• Published: April 2024

Top Attack Surface Management Companies - Palo Alto Networks (US) and IBM(US) | MarketsandMarkets

According to MarketsandMarkets, the Attack Surface Management (ASM) market is set to grow significantly. It's expected to be worth around USD 0.9 billion in 2024, increasing to about USD 3.3 billion by 2029. This growth is due to more businesses relying on digital tools and devices, which raises the need to protect against cyber threats effectively. ASM solutions help by continuously finding and fixing vulnerabilities in a company's digital setup, like outdated software or weak security settings. This is crucial for meeting regulations, preventing fraud, and building customer trust. As online activities continue to rise, so does the importance of managing attack surfaces to keep business data safe and operations running smoothly.

• Published: April 2024

Top Companies in Payment Gateway - Stripe (Ireland), and Fiserv (US)

The global payment gateway market size is projected to grow from USD 26.7 billion in 2024 to USD 48.4 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. Payment gateways equipped with advanced analytics tools are becoming increasingly sought after by businesses eager to gain deeper insights into customer behavior.

These analytics capabilities enable businesses to track payment trends, understand customer preferences, and identify emerging market opportunities. By analyzing transaction data, businesses can uncover valuable insights such as purchasing patterns, peak sales periods, and popular product categories. This information empowers businesses to optimize their marketing strategies, tailor product offerings, and enhance the overall customer experience. Additionally, payment gateways with robust analytics capabilities enable businesses to identify and mitigate potential fraud risks by detecting suspicious patterns and anomalies in transaction data. As competition intensifies and consumer expectations evolve, leveraging data-driven insights has become essential for businesses seeking to stay ahead in today's dynamic marketplace.

• Published: April 2024

Conversational AI Industry - Key Trends Driving Global Growth

The global conversational AI market is projected to register a CAGR of 24.9% during the forecast period, reaching USD 49.9 billion by 2030 from an estimated USD 13.2 billion in 2024. Major factors to boost the market growth include the increasing integration of AI chatbots in messaging services, emergence of generative AI, increasing integration of computer vision and voice recognition technology to facilitate more in-depth and personalized interactions, and growing focus on customer engagement and retention.

• Published: April 2024