• The global vertical farming market was valued at USD 5.6 billion in 2024 and is projected to reach USD 13.7 billion by 2029; it is expected to register a CAGR of 19.7% during the forecast period. The key factors driving the growth of the vertical farming market include factors in the food production system such as high population density, scarce and declining arable land, climate change, and environmental degradation. Additionally, the developments in IoT, AI, and hydroponics increase efficiency and output in operation while catering to the increasing consumers’ interest in fresh and locally grown produce.

    • Published: July 2024
  • The global process automation and instrumentation market size is anticipated to grow from USD 74.2 billion in 2024 to USD 98.6 billion by 2029, at a CAGR of 5.9%. The growth of this market is owed to the increasing importance of energy efficiency and cost optimization, minimized errors and better scalability; rapid surge in the usage of digital technologies such as IIoT, machine learning, and artificial intelligence; and the rising emphasis on industrial automation and optimum utilization of resources.

     

    • Published: July 2024
  • The Medical Batteries Market is projected to reach a valuation of USD 2.0 billion in 2024, with an anticipated surge to USD 2.7 billion by 2029, exhibiting a CAGR of 6.2% throughout the forecast period. The medical batteries market is primarily driven by technological advancements in medical devices, particularly in portable and wearable healthcare solutions. These devices require compact, high-performing, and reliable batteries to support continuous monitoring and treatment of chronic diseases, which are increasingly prevalent globally. Regulatory initiatives supporting the adoption of wireless and portable medical devices also play a significant role in market growth. Furthermore, innovations in battery chemistry, such as lithium-ion and solid-state batteries, enhance energy density and safety standards, addressing the specific demands of medical applications.

    • Published: July 2024
  • The global Zero Trust Security Market is projected to grow from USD 36.5 billion in 2024 to USD 78.7 billion by 2029 at a compound annual growth rate (CAGR) of 16.6% during the forecast period. The zero-trust security market is expanding rapidly due to the increasing complexity of cyber threats and the growing reliance on remote work and cloud-based systems. The impact of this market on the rise in cyberattacks, the use of cloud computing, the remote work culture, and the enforcement of data privacy rules are the major reasons for this market growth. So, organizations that take safety measures highly to defend their digital assets will help the market flourish greatly. The zero trust strategy is now a major security tool that companies use to protect their valuable information and systems in today's digital environment. This change is an indication of the need to have in place total security plans that can handle the current ones.

    • Published: July 2024
  • HVAC Industry Future

    • Published: July 2024
  • The fiber laser market to grow from USD 7.7 billion in 2024 and is expected to reach USD 12.8 billion by 2029, growing at a CAGR of 10.8% from 2024 to 2029. Rise in demand from the medical and consumer electronics sectors is driving the growth of fiber laser market. The consumer electronics industry demands smaller, lighter, and power-efficient devices. This has resulted into to an increase in miniaturization, thus driving the acceptance of fiber lasers that offer very high accuracy and speed, hence efficiently managing some manufacturing processes necessary for the production of electronics components.

    • Published: July 2024
  • In terms of value, the hydraulic fluids market is estimated to grow from USD 8.7 billion in 2024 to USD 10.2 billion by 2029, at a CAGR of 3.2%. Hydraulic fluids market have grown as the demand from food processing end-use industry, and rising industrial growth in the Middle East & Africa and Asia Pacific region. These factors drive the hydraulic fluids market.

    • Published: July 2024
  • The global private cloud market will grow from USD 124.8 billion in 2024 to USD 190.9 billion by 2029 at a compounded annual growth rate (CAGR) of 8.9% during the forecast period. A private cloud is a cloud reserved for unique clients. In evaluating public clouds, where resources are regular and can be utilized by multiple men or women, the sources or environment in a private cloud are one-of-a-kind to an organization in the enterprise's infrastructure or with the aid of outsourcing to another company. Such setup enables businesses to meet specific requirements laid down by the law, honor data sovereignty and other obligations, and enjoy better data security. Private clouds can be deployed in an organization's local area network, a third-party hosting environment, or even outsourced for hosting and management to a service provider while at the same time retaining exclusive ownership of the data and applications.

    • Published: July 2024
  • The global endpoint protection platform (EPP) market size is projected to grow from USD 17.4 billion in 2024 to USD 29.0 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period. The rise in cyber threats and the transition to remote work play a prominent role in boosting the EPP market. With businesses encountering cyberattack risks and struggling to protect a widely scattered workforce, the need for advanced, flexible, and thorough endpoint security solutions is on the upswing. This trend aims to provide safeguards and uphold security standards throughout work settings.

    • Published: July 2024
  • The global RTLS market for healthcare size is expected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a CAGR of 19.6% from 2024 to 2029. RTLS solutions are comparatively higher priced than some other traditional tracking technologies. However, the rise in competitiveness in the RTLS market has led to the availability of cost-effective RTLS solutions. The emergence of innovative startups and the availability of customized solutions are the two key factors that have led to the rise in competitiveness in the RTLS market.

    • Published: July 2024
  • The global Battery Energy Storage System (BESS) market is entering a period of significant expansion as utilities, renewable-energy developers, commercial and industrial facilities, data centers, and households increasingly deploy batteries to improve power reliability and flexibility. According to MarketsandMarkets, the global battery energy storage system market was valued at USD 50.81 billion in 2025 and is projected to reach USD 105.96 billion by 2030, registering a CAGR of 15.8% from 2025 to 2030. The growth is being driven by grid modernization, increasing renewable-energy deployment, rising electricity demand, peak-load management requirements, and the growing use of battery storage for grid balancing and frequency regulation.

    • Published: July 2024
  • The feed robotics market is projected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 11.5% during the forecast period. This remarkable growth is driven by the increasing demand for automation in agriculture, which aims to enhance efficiency, reduce labor costs, and address the global shortage of skilled farm labor. Additionally, the integration of advanced technologies such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) in feed robotics systems is significantly enhancing the capabilities and performance of these machines. Major industry players are heavily investing in research and development to innovate and improve the functionality of feed robots, making them more adaptable to various farming environments and capable of handling a diverse range of feed types. This market expansion is further supported by governmental initiatives promoting precision farming and sustainable agricultural practices, as well as rising awareness among farmers about the long-term cost benefits and productivity gains associated with the adoption of feed robotics. With ongoing advancements and strategic collaborations, the global feed robotics market is poised for substantial growth, promising to revolutionize the agricultural sector in the coming years.

    • Published: July 2024
  • The egg replacers market is estimated at USD 2.3 billion in 2024 and is projected to reach USD 3.3 billion by 2029, at a CAGR of 8.0% from 2024 to 2029.

    • Published: July 2024
  • The fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030 at a CAGR of 2.7% during the forecast period. A driving factor for the fire truck market is due to increase in urban cities and industrial area. As the urban area and smart cities expand the industrial investments have also grown parallelly, which has also increased the risk of fires escalates, necessitating advanced fire-fighting solutions. Governing bodies are implementing fire safety regulations, compelling urban and industrial sectors to upgrade their fire-fighting capabilities. Technological advancements, such as implementation of IoT and Al for real-time monitoring and response, has increased the efficiency and appeal of technically advanced fire truck. Additionally, the increasing clean environment awareness has boosted the demand for hybrid and electric fire trucks. Moreover, continuous need for replacing the aging fire trucks in developed countries is further boosting the market growth.

    • Published: July 2024
  • Process mining market is expected to grow at a compound annual growth rate (CAGR) of 45.6% over the course of the forecast period, from an anticipated USD 1.8 billion in 2023 to USD 12.1 billion by 2028.

     

    • Published: July 2024
  • The global functional endoscopic sinus surgery market is projected to reach USD 1.7 billion by 2029 from USD 1.2 billion in 2024, at a CAGR of 7.6% during the forecast period. The growing prevalence of chronic sinusitis, increasing preference for MIS, advancements in technology, growing awareness, improved patient outcome, and innovation in surgical techniques to drive the market. However, risks involved in surgeries and higher procedural costs restrain market growth. The Functional endoscopic sinus surgery market is consolidated and is dominated by few players. The major players operating in this market are Medtronic plc (Ireland), Olympus Corporation (Japan), Stryker Corporation (US), B. Braun Melsungen Ag (Germany), and KARL STORZ (Germany).

    • Published: July 2024
  • The global VCSEL market size is estimated at USD 1.18 billion in 2026 and is projected to reach USD 1.96 billion by 2032, growing at a CAGR of 8.8% from 2026 to 2032. The VCSEL market is primarily driven by the growing demand for 3D sensing technologies. VCSELs provide precise and efficient infrared illumination required for depth measurement and object detection, making them suitable for advanced sensing systems. Their ability to deliver fast response, uniform illumination, and accurate distance information supports the wider integration of VCSEL-based 3D sensing solutions, thereby increasing VCSEL shipment volumes and strengthening overall market growth.

    • Published: July 2024
  • The CAR T-cell therapy market is projected to reach USD 13.56 billion by 2031 from USD 6.78 billion in 2026, at a CAGR of 14.9% during the forecast period. The growth of the CAR T-cell therapy market is propelled by growing prevalence of cancer and technological advancements in the CAR T-cell therapy market. Additionally, rising investment and funding for CAR T-cell therapy development is further likely to drive the market growth.

    • Published: July 2024
  • The immunotherapy drugs market is projected to grow from USD 285.3 billion in 2024 to USD 580.6 billion by 2029, with a CAGR of 15.3%. Growing demand for personalized medicines and targeted therapies is expected to drive the market growth. Personalized medicine aims to customize treatments for individual patients based on their genetic makeup, disease characteristics, and other factors. Immunotherapy drugs offer a precise & targeted approach to therapy, aligning with the principles of personalized medicine.

    • Published: July 2024
  • The global stone flooring market size is projected to grow from USD 14.7 billion in 2024 to USD 19.9 billion by 2029, at a CAGR of 6.3% during the forecast period.

    • Published: July 2024
  • The railway industry is undergoing a significant transformation. Sustainability is a major focus, with a push towards reducing carbon footprint and optimizing energy consumption. This is where two pivotal markets converge: Railway Management Systems (RMS) and Energy Management in Railways. While they may seem like distinct entities, they share a symbiotic relationship, working together to create a more efficient and eco-friendly railway network.

    • Published: July 2024
  • The wind turbine protection market is forecast to reach USD 2.8 billion by 2029 from an estimated USD 1.7 billion in 2024, at a CAGR of 10.5% during the forecast period (2024-2029). The increasing demand for renewable energy sources, operational cost reduction, and growing need for efficient solutions for longer wind turbine life are the key factors driving the wind turbine protection market.

    • Published: July 2024
  • The global Climate adaptation market is projected to grow from an estimated USD 23.2 billion in 2024 to USD 40.4 billion by 2030, demonstrating a CAGR of 9.7% during the forecasted period of 2024-2030. Climate adaptation refers to preparing for and responding to the current and anticipated effects of climate change. It involves modifying processes, practices, and structures to minimize potential damages or capitalize on opportunities linked to climate change.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • The global Penetration Testing as a Service market is projected to expand/grow at a CAGR of 22.6% during the forecast period to reach USD 1.98 billion by 2031, size was valued USD 0.72 billion in 2026. The Penetration Testing as a Service 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. 

    • Published: July 2024
  • The global Penetration Testing as a Service Market size was valued USD 0.72 billion in 2026 and is projected to reach USD 1.98 billion by 2031, at a CAGR of 22.6% 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.

    • Published: July 2024
  • The global dental equipment market is projected to reach 12.34 billion by 2031 from USD 8.71 billion in 2026, at a CAGR of 7.2% during the forecast period.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • The global industrial metaverse market size is estimated to be USD 28.65 billion in 2024 and is projected to reach USD 228.54 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • The sodium hydroxide market size is projected to grow from USD 44.9 billion in 2024 and is projected to reach USD 55.6 Billion by 2029, at a CAGR of 4.4%. The global sodium hydroxide market is anticipated to witness substantial growth during the forecast period. With increasing demand from various end-use industries such as chemical, textiles, pulp & paper, soaps and detergents, and alumina manufacturing, the market is poised for expansion. The rising adoption of caustic soda in water treatment applications, coupled with the growing need for industrial cleaning agents, further contributes to the market's growth trajectory. Furthermore, the escalating need for sodium hydroxide in the food processing sector for functions such as pH regulation and food preservation, alongside the uptick in demand from the alumina application industry, contributed to the increased demand for sodium hydroxide during the forecast period.

    • Published: July 2024
  • The mesh gateway market is expected to be 1.26 billion in 2024 and reach USD 2.17 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.

    • Published: July 2024
  • 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.

    • Published: July 2024
  • The global udder health market is projected to reach USD 1.58 billion by 2029 from USD 1.18 billion in 2024 at a CAGR of 5.9%.

    • Published: July 2024
  • At a Compound Annual Growth Rate (CAGR) of 16.8%, the size of the global embedded finance industry is expected to increase from USD 115.8 billion in 2024 to USD 251.5 billion by 2029. The growth in the market is due to the enhanced demand for hybrid financial services where clients and users can easily access financial solutions in non-financial domains. Similarly, developing digital systems and government support further boost the growth of embedded finance solutions in different industries.

    • Published: July 2024
  • The size of the global embedded finance market is expected to increase at a Compound Annual Growth Rate (CAGR) of 16.8%, from USD 115.8 billion in 2024 to USD 251.5 billion by 2029. The growth in the market is due to the enhanced demand for hybrid financial services where clients and users can easily access financial solutions in non-financial domains. Similarly, developing digital systems and government support further boost the growth of embedded finance solutions in different industries.

    • Published: July 2024
  • The global hydrogen technology TIC was valued at USD 4.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029; it is expected to register a CAGR of 17.8% during the forecast period. The rise in demand for cleaner fuel and the availability of favourable government policies regarding decarbonization of several sectors, development of hydrogen infrastructure like refueling stations, pipelines, and storage facilities, inherent risks associated with hydrogen processes and strict regulation and progress in technologies that would play a key role for green hydrogen are some of the factors that sustain the growth of Hydrogen Technology TIC market constantly.

    • Published: July 2024
  • The global DNA diagnostics market is valued at an estimated USD 13.3 billion in 2024 and is projected to reach USD 21.2 billion by 2029, at a CAGR of 9.7% during the forecast period. Growth in the DNA diagnostics market is primarily driven by the growing burden of genetic and infectious diseases, which has created a significant demand for accurate and efficient diagnostic tools. Additionally, the increasing availability of funding for R&D activities has fuelled advancements in technology, enabling the development of innovative DNA diagnostic solutions.

    • Published: July 2024
  • The Small Caliber Ammunition market is projected to grow from USD 5.7 billion in 2024 to USD 7.0 billion by 2029, at a CAGR of 4.3% from 2024 to 2029.  Increasing geopolitical conflicts and increasing cross-border disputes globally are some of the factors fueling the growth of the market.

    • Published: July 2024
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