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A2P Messaging Industry worth $84.8 billion by 2029

According to a research report "A2P Messaging Market by Offering (Platforms, Services), Application (Authentication, Promotional & Marketing, CRM), Communication Channel (SMS, Operator IP, Third-party Apps, Fixed Fees), SMS Traffic, End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the A2P messaging market size is projected to grow from from USD 73.1 billion in 2024 to USD 84.8 billion by 2029, at a CAGR of 3.0% during the forecast period. The need for secure and reliable communication for transactional purposes, such as banking alerts, two-factor authentication, and delivery notifications, is driving the demand for A2P messaging.

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May 24, 2024

Biopreservation Market worth $7.1 billion by 2029

The report "Biopreservation Market by Product (Media [Cryopreservation, Hypothermic]), Equipment (Freezers, Refrigerators, Incubators, Centrifuge, Accessories), Biospecimen (Tissues, Organs, Stem Cells), Application (Research, Therapeutic) - Global Forecast to 2029", is projected to reach USD 7.1 billion by 2029 from USD 4.4 billion in 2024, at a CAGR of 9.8% during the forecast period. The growth of this market is majorly driven by rise in initiatives and investments for life science research, growth in cell & gene therapy areas, and establishment of new facilities by hospitals which will give rise to more organ donations and preservation.

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May 24, 2024

IoT Node and Gateway Industry worth $604.7 billion by 2029

According to a research report "IoT Node and Gateway Market by Hardware (Processor, Connectivity IC, Sensor, Memory, Logic Devices), End-use Application (Consumer Electronics, Building Automation, Automotive & Transportation, Wearable Devices, Retail) and Region - Global Forecast to 2029" The IoT Node and Gateway market is projected to grow from USD 424.6 billion in 2024 and is estimated to reach USD 604.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.3% from 2024 to 2029. The growth of the IoT Node and Gateway market is driven by the Provision of increased IP address space through IPv6, Emergence of 5G technology, and Increasing need for data centers.

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May 24, 2024

Mycotoxin Testing Industry worth $2.3 billion by 2029

According to a research report "Mycotoxin Testing Market Report by Type (Aflatoxins, Ochratoxin, Fumonisins, Zearalenone, Deoxynivalenol, Trichothecenes, Patulin), Technology (Chromatography- & Spectroscopy- Based, Immunoassay-Based), Sample, & Region - Global Forecast to 2029" published by MarketsandMarkets, the global mycotoxin testing market is estimated at USD 1.6 billion in 2024 and is projected to reach USD 2.3 billion by 2029, at a CAGR of 6.7% during the forecast period. The expansion of the agricultural sector, coupled with growing international trade in food and agricultural products, has increased the need for mycotoxin testing to comply with export regulations and maintain market access.  The increasing awareness of food safety among consumers and regulatory bodies worldwide has prompted stringent regulations governing mycotoxin levels in food and feed products. Compliance with these regulations necessitates comprehensive testing protocols, thereby driving market demand.

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May 24, 2024

PFAS Filtration Market worth $2.8. billion by 2029

The report "PFAS Filtration Market by Technology (Water Treatment Systems, Water Treatment Chemicals), Place of Treatment (In-Situ, Ex-Situ), Remediation Technology, Environmental Medium, Contaminant Type, and Region - Global Forecast to 2029", is projected to reach USD 2.8. billion by 2029, at a CAGR of 7.1% from USD 2.0 billion in 2024.

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May 24, 2024

Digital Signal Processor Industry worth $14.7 billion by 2029

The report "Digital Signal Processor Market by Core (Single Core, Multi-Core), Configuration (Low-end, Mid-range, High-end), Type (General-purpose, Application-specific), Category, IC Design, Application, End-User Industry and Region - Global Forecast to 2029" The Digital Signal Processor market is projected to grow from USD  10.1 billion in 2024 and is estimated to reach USD  14.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.8% from 2024 to 2029. The growth of the Digital Signal Processor market is driven by surging adoption of Internet of Things (IoT) and connected devices; increasing trend of digital signal processing in automotive industry; improvements in 5G technology and development of advanced communication infrastructure; and rising demand for Voice over Internet Protocol (VoIP) and Internet Protocol (IP) video services.

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May 23, 2024

Cannabis Testing Market worth $4.0 billion by 2029

The report "Cannabis Testing Market by Product (Chromatography (LC, GC), Spectroscopy, Consumables (Column, CRMS)), Software, Services (Potency, Microbial Analysis, Terpene Profiling, Heavy Metal Testing, Pesticide Screening), & End User - Global Forecast to 2029", is projected to reach USD 4.0 billion by 2029 from USD 1.8 billion in 2024, at a CAGR of 17.2% during the forecast period of 2024 to 2029.

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May 23, 2024

Synthetic Latex Polymers Market worth $53.2 billion by 2029

The report "Synthetic Latex Polymers Market by Type (Styrene Acrylic, Acrylic, Styrene Butadiene, Vinyl Acetate Ethylene, Polyvinyl Acetate, Vinyl Acetate Copolymer), Application (Paints & Coatings, Adhesives & Sealants, Nonwovens), & Region - Global Forecast to 2029", is projected to reach USD 53.2 billion by 2029, at a CAGR of 5.5% from USD 40.6 billion in 2024.

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May 23, 2024

Automotive HUD Market worth $2.4 billion by 2030

According to a research report "Automotive HUD Market by Technology (2D HUD, AR HUD, 3D HUD), HUD Type (Combiner, Windshield), Offering (Hardware, Software), Vehicle Class, Level of Autonomy, Vehicle Type, Propulsion Type, EV Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive HUD market size is projected to grow from USD 1.2 billion in 2024 to USD 2.4 billion by 2030, at a CAGR of 12.3%. Automotive HUD solutions are in great demand due to the growing emphasis on both vehicle and passenger safety, the steady rise of high-end car segments, particularly in emerging markets, and the growing demand for better in-vehicle experiences.

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May 23, 2024

Enterprise Content Management Industry worth $78.4 billion by 2029

According to a research report "Enterprise Content Management Market by Offering (Solutions (Document Management, Record Management), Services), Business Function (Sales & Marketing, Human Resources), Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the global enterprise content management market will grow from USD 47.6 billion in 2024 to USD 78.4 billion by 2029 at a compounded annual growth rate (CAGR) of 10.5% during the forecast period. The increasing volume of digital content drives the enterprise content management market, and organizations must manage it efficiently. With the rapid growth of data, organizations face challenges related to content creation, storage, retrieval, and security. ECM solutions help organizations streamline content management processes, improve collaboration, and ensure compliance with regulatory requirements. They enable organizations to access their content from anywhere, anytime, using any device, making them ideal for remote work environments and distributed teams. Additionally, ECM solutions eliminate the need for organizations to invest in expensive hardware and infrastructure, making them an attractive option for small and medium-sized businesses.

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May 23, 2024

Micro Mobile Data Center Industry worth $9.6 billion by 2029

According to a research report "Micro Mobile Data Center Market by Offering (Solutions, Services), Application (Edge Computing & IoT Deployment, Temporary & Remote Operations), Rack Unit, Organization Size, Form Factor, Type, Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the micro mobile data center market is expected to grow from USD 5.2 billion in 2024 to USD 9.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period. Micro Mobile Data Centers (MMDCs) are compact, portable solutions that provide essential computing, storage, and networking capabilities in diverse environments. They offer flexibility and scalability, catering to the increasing demand for edge computing and IoT applications. With their modular design and mobility, MMDCs are well-suited for rapid deployment in remote locations or temporary setups, making them integral components of modern IT infrastructure.

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May 22, 2024

Structural Adhesives Market worth $17.7 billion by 2029

The report "Structural Adhesives Market by Technology (Solvent-based, Water-based), Resin (Epoxy, Polyurethane, Acrylic, MMA, Cyanoacrylate), Application (Building & Construction, Automotive, Wind Energy, Aerospace), & Region - Global Forecast to 2029", size was USD 13.5 billion in 2024 and is projected to reach USD 17.7 billion by 2029, at a CAGR of 5.5% between 2024 and 2029. The major driver of the structural adhesives market is the increasing demand for lightweight, energy-efficient, and high-performance vehicles.

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May 22, 2024

Video Streaming Software Industry worth $29.7 billion by 2029

According to a research report "Video Streaming Software Market by Offering (Solutions, Services), Streaming Type (Live Streaming, Video-on-Demand Streaming), Deployment Mode, Delivery Channel, Monetization Model, Connected Device, Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the Video Streaming Software Market is expected to grow from USD 13.3 billion in 2024 to USD 29.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period. Increasing penetration of mobile devices and internet users will boost the growth of the video streaming market during the forecast period.

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May 22, 2024

Industrial Vending Machine Industry worth $2.5 billion by 2029

The report "Industrial Vending Machine Market by Type (Vertical Lift, Coil, Carousel, Scale, Locker, Drawer), Product Type (PPE, Hand Tools, Power Tools, Industrial Supplies, Fastening, General Supplies), Offering, Industry and Region - Global Forecast to 2029" The global industrial vending machine market size is expected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 10.1% from 2024 to 2029. Industrial vending machines reduce the consumption of supplies by enforcing accountability on a job. By tracking the usage patterns, employees can get information about the tools and supplies they use daily. Industrial vending gives the ability to place usage limits, as well as prevents unauthorized use and hoarding of tools.

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May 22, 2024

Edge AI Hardware Industry worth $54.7 billion by 2029

The report "Edge AI Hardware Market by Device, Processor (CPU, GPU, and ASIC), Function (Training, Inference), Power Consumption (Less than 1 W, 1-3 W, 3-5 W, 5-10 W, and more than 10 W), Vertical and Geography - Global Forecast to 2029" The edge AI Hardware market is projected to grow from USD 24.2 billion in 2024 and is expected to reach USD 54.7 billion by 2029, growing at a CAGR of 17.7% from 2024 to 2029. The trend towards reducing data load on cloud infrastructureto drive the demand. Edge AI hardware enables data processing, analytics, and AI inference to be performed closer to the data source (i.e., at the edge of the network), reducing the amount of data that needs to be transmitted to centralized cloud servers. This paradigm shift minimizes the data load on cloud infrastructure.

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May 21, 2024

Carotenoids Industry worth $3.4 billion by 2029

According to a research report "Carotenoids Market by Type (Astaxanthin, Beta-Carotene, Lutein, Lycopene, Canthaxanthin, Zeaxanthin), Formulations (Oil Suspension, Powder, Beadlet, and Emulsion), Source (Natural And Synthetic), Application and Region - Global Forecast to 2029" published by MarketsandMarkets, the global market for carotenoids is estimated at USD 2.5 billion in 2024 and is projected to reach USD 3.4 billion by 2029, at a CAGR of 6.3% during the forecast period. The carotenoids market is experiencing significant growth due to several key factors driving demand. Firstly, there is a growing awareness and preference among consumers for natural and clean label products, particularly in the food, beverage, and cosmetics industries. Carotenoids, being natural pigments found in fruits, vegetables, and algae, are increasingly sought after as natural colorants and antioxidants, contributing to the market's expansion. Moreover, with rising health concerns and an increasing emphasis on preventive healthcare, the nutritional benefits of carotenoids, such as their role in supporting eye health and boosting the immune system, have garnered significant attention. Additionally, advancements in extraction and encapsulation technologies have enhanced the availability and efficacy of carotenoids in various applications, further fueling market growth. Furthermore, the expanding use of carotenoids in animal feed to improve animal health and enhance the color of poultry and fish products has contributed to the market's expansion.

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May 21, 2024

Pressure Sensor Industry worth $17.0 billion by 2029

The report "Pressure Sensor Market by Connectivity (Wired, Wireless), Sensing Method (Piezoresistive, Capacitive, Resonant Solid-State, Electromagnetic, Optical), Sensor Type (Absolute, Gauge, Differential, Sealed, Vacuum), Pressure Range - Global Forecast to 2029" The global pressure sensor market is expected to be valued at USD 12.4 billion in 2024 and is projected to reach USD 17.0 billion by 2029; it is expected to grow at a CAGR of 6.5% from 2024 to 2029. An increasing demand for IoT-enabled devices and innovative technologies drives the pressure sensor market.

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May 21, 2024

Phase Change Materials Market worth $1,383 million by 2029

The report "Phase Change Materials Market by Type (Organic, Inorganic, Eutectic), Application (Building & Construction, HVAC, Cold Chain & Packaging, Electronics), and Region - Global Forecast to 2029", size was USD 628 million in 2024 to USD 1,383 million by 2029, at a CAGR of 17.1% from 2024 to 2029.

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May 20, 2024

Smart Learning Industry worth $155.2 billion by 2029

According to a research report "Smart Learning Market by Offering (Hardware, Solutions (Integrated Solutions and Standalone Solutions), and Services), Learning Type (Synchronous Learning and Asynchronous Learning), End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the smart learning market is expected to reach USD 155.2 billion by 2029 from USD 67.1 billion in 2024, at a CAGR of 18.3 % during 2024–2029.  

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May 20, 2024

Electrosurgery Market worth $9.4 billion by 2029

The report "Electrosurgery Market by Product (Instruments, Accessories, Generators, Smoke Evacuation Systems), Surgery (Cardiovascular, Orthopedic, Cosmetic, Oncology, Urology, Neurosurgery), End User (Hospitals, Ambulatory Surgical Centers) - Global Forecast to 2029", is projected to reach USD 9.4 billion by 2029 from USD 6.9 billion in 2024 at a CAGR of 6.4% during the forecast period.

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May 20, 2024

Drone Sensor Industry worth $2.5 billion by 2029

According to the new market research report "Drone Sensor Market by Sensor Type, Platform (VTOL Type, Fixed Wing Type, Hybrid Type), Application (Navigation, Collision Detection & Avoidance, Data Acquisition, Motion Detection, Power Monitoring), End Users and Region - Global Forecast to 2029" The Drone Sensor market size is expected to be valued at USD 1.4 billion in 2024 and is anticipated to be USD 2.5 billion by 2029; growing at a CAGR of 12.1% from 2024 to 2029. The major factors supporting the growth of this market include the incorporation of safety features in drones, which serves as a significant driver for the advancement of drone technology. Safety features are essential for mitigating risks associated with drone operations, ensuring both the safety of the drone itself and the surrounding environment.

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May 20, 2024

HVAC System Industry worth $389.9 billion by 2029

The report "HVAC System Market by Cooling (Unitary Air Conditioner, VRF), Heating (Heat Pump, Furnace), Ventilation (AHU, Air Filter), Service Type (Installation, Maintenance & Repair), Implementation Type (New Construction, Retrofit) - Global Forecast to 2029" HVAC system market is projected to grow from USD 281.7 billion in 2024 to USD 389.9 billion by 2029; it is expected to grow at a CAGR of 6.7% from 2024 to 2029.The market's growth is propelled by a rising Urbanization, climate change, and technological innovations. Factors like rising disposable incomes, tougher regulations, air quality concerns, infrastructure projects, and the growing need for data centers contribute significantly to the overall expansion of HVAC system market.

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May 17, 2024

Industrial Lubricants Market worth $74.3 billion by 2029

The report "Industrial Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil), Product Type (Hydraulic Fluid, Metalworking Fluid, Grease), End-use Industry (Construction, Power Generation, Food Processing), Region - Global Forecast to 2029", size was USD 63.9 billion in 2024 and is projected to reach USD 74.3 billion by 2029, at a CAGR of 3.1%, between 2024 and 2029.

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May 17, 2024

3D Bioprinting Market worth $2.4 billion by 2029

The report "3D Bioprinting Market by Component (3D bioprinters (Microextrusion, Inkjet, Laser), Bioinks, Software, Consumable), Material (Hydrogels, ECM), Application(Research (Regenerative Medicine, 3D cell Culture), Clinical (Skin, Bone)) - Global Forecast to 2029", is projected to reach USD 2.4 billion by 2029 from USD 1.3 billion in 2024, at a CAGR of 12.7% during the forecast period The growth in the 3D bioprinting market is fueled by  growing adoption of 3D bioprinting technology within the pharmaceutical and cosmetic industries, advancement in the 3D bioprinting technology, rising public and private partnerships and collaborations, increasing investments in R&D and the expenditure on medical devices.

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May 17, 2024

Active Pharmaceutical Ingredient Market worth $238.3 billion by 2029

The report "Active Pharmaceutical Ingredient Market by Type (Innovative, Generic), Manufacturer (captive, merchant), Synthesis (Synthetic, Biotech), Products (mAb, Hormones, Cytokines), Drug (OTC, Rx), Application (Diabetes, oncology, CVD) - Global Forecast to 2029", is projected to reach USD 238.3 billion by 2029 from USD 163.5 billion in 2024, at a CAGR of 7.8% during the forecast period of 2024 to 2029. The growth of this market is driven by increasing demand for active pharmaceutical ingredients in research and development of novel therapeutics, collaborations between academic institutions, research organizations, and industry players to develop innovative APIs. Additionally, continuous advancements in API manufacturing technologies, and automation have led to improved precision, efficiency of API.

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May 17, 2024

Inertial Navigation Systems Industry worth $13.5 billion by 2029

The report "Inertial Navigation Systems Market by Grade (Marine, Navigation, Tactical, Space, Commercial), Technology (Mechanical, Ring Laser, Fiber Optic, MEMS), Platform, End User (Commercial and Defence), Component and Region - Global Forecast to 2029" The Inertial Navigation Systems Industry is estimated to be USD 10.3 billion in 2024 and is projected to reach USD 13.5 billion by 2029, at a CAGR of 5.6% from 2024 to 2029. The inertial navigation systems market is experiencing robust growth driven by the increasing need for accurate navigation solutions in different fields and situations. This demand arises because precise positioning, speed, and direction information are crucial, especially when GPS signals are weak or absent. As more autonomous technologies, such as drones and driverless cars, become popular, the demand for advanced navigation systems grows globally. This makes improving navigation abilities across various sectors a key force influencing the growth of the global inertial navigation systems market.

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May 16, 2024

Polycarbonate Resin Market worth $20.1 billion by 2029

The report "Polycarbonate Resin Market by Application (Electrical & Electronics, Optical Media, Construction, Consumer, Automotive, Packaging, Medical), and Region (Asia Pacific, Europe, North America, Middle East & Africa) - Global Forecast to 2029", is projected to reach USD 20.1 billion by 2029, at a CAGR of 5.5% from USD 15.3 billion in 2024.

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May 16, 2024

Power Transformer Market worth $37.7 billion by 2029

According to a research report "Power Transformer Market by Power Rating (Small Power Transformer (Up To 60 MVA), Medium Power Transformer (61- 600 MVA), Large Power Transformer (Above 600 MVA)), Cooling Type (Oil-cooled, Air-cooled), Phase (Single, Three) - Global Forecast to 2029" published by MarketsandMarkets, the Power Transformer market is expected to see significant growth, with projections indicating that the market will grow to about USD 37.7 billion by 2029, from an estimated USD 27.9 billion in 2024, reflecting a Compound Annual Growth Rate (CAGR) of 6.2%. This growth is primarily driven by the need to strengthen power distribution networks to keep up with the rising global demand for electricity. Furthermore, the market stands to gain from the increasing capacity of renewable energy sources and substantial investments in industrial production, both of which are expected to boost the demand for Power Transformers. Another key factor contributing to this expansion is the growing adoption of high-voltage direct current systems, which is expected to further accelerate market growth during the forecast period.

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May 16, 2024

3D Motion Capture System Industry worth $484 million by 2029

According to the new market research report "3D Motion Capture System Market by Component (Sensors, Cameras, Communication Devices), Software(Packaged, Plugin), Services (Consultation, Installation), Type (Body-Based, Image-Based), Technology (Optical, Non-Optical) - Global Forecast to 2029" The global 3D motion capture system market is expected to be valued at USD 240 million in 2024 and is projected to reach USD 484 million by 2029; it is expected to grow at a CAGR of 15.0% from 2024 to 2029. The market is primarily fueled by increasing demand across various entertainment, gaming, sports, and healthcare sectors. Expanding the use of mocap systems in film production, live events, and research further propels market growth, highlighting its versatility and expanding utility across diverse industries.

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May 15, 2024

Insulation Products Market worth $84.2 billion by 2029

The report "Insulation Products Market by Insulation Type (Thermal, Acoustic), Material Type (Mineral Wool, Polyurethane Foam, Flexible Elastomeric Foam), End-use (Building & Construction, Industrial, Transportation, Consumer) - Global Forecast to 2029", size is projected to grow from USD 65.9 billion in 2024 and reach USD 84.2 billion by 2029, at a CAGR of 5.0% from 2024 to 2029.  Renovation and retrofitting projects in older buildings contribute to the demand for insulation products as owners seek to improve energy efficiency and comfort levels.

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May 15, 2024

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