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Maritime Safety System Industry worth $47.8 billion by 2029

According to a research report "Maritime Safety System Market by Offering (Solutions, Services), Security Type (Coastal Security, Crew Security), System (AIS, GMDSS, LRIT), Application (Monitoring & Tracking, Counter Piracy, Search & Rescue) End User & Region - Global Forecast to 2029" published by MarketsandMarkets, the market for maritime safety system is estimated to grow from USD 30.2 billion in 2024 to USD 47.8 billion in 2029, at a CAGR of 9.6% during the forecast period. The maritime safety system market is driven by the rising need to manage complex supply chain operations and enhance sustainability across the marine industry. Increasing awareness about maritime safety, adherence to regulatory compliances and standards, and the growth in marine trade and freight transport activities further fuel the demand for advanced safety systems. These factors collectively contribute to the robust expansion and innovation within the maritime safety system market.

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May 29, 2024

Downhole Tools Market worth $7.8 billion by 2029

According to a research report "Downhole Tools Market Location of deployment (Onshore, Offshore), Tool type (Drilling tools, Flow and Pressure Control tools, Impurity Control tools, Logging tools, Handling tools), Application and Region - Global Forecast to 2029" published by MarketsandMarkets, the Downhole tools market is forecast to reach USD 7.8 billion by 2029 from an estimated USD 6.1 billion in 2024, at a CAGR of 4.8% during the forecast period (2024-2029).

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May 29, 2024

Automated Passenger Counting and Information System Industry worth $15.4 billion by 2029

The report "Automated Passenger Counting and Information System Market by Offering (APC System, PIS), Technology (IR, Stereoscopic, ToF, Structured Light), Type (Display, Infotainment, Announcements & Emergency Communication) Application - Global Forecast to 2029" The global automated passenger counting and information system market is expected to be valued at USD 9.2 billion in 2024 and is projected to reach USD 15.4 billion by 2029; it is expected to grow at a CAGR of 10.7 % from 2024 to 2029. The automated passenger counting, and information system market is driven by rising demand for public transportation, technological advancements, and government initiatives promoting smart cities. Key factors include operational efficiency, enhanced passenger experience, safety and security concerns, environmental sustainability, and data-driven decision making. Increased investment in smart infrastructure and competitive pressure also fuels market growth.

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May 29, 2024

Mold Release Agents Market worth $2.9 billion by 2029

The report "Mold Release Agents Market by Type (Water-based, Solvent-based), Application (Die-casting, Rubber Molding, Plastic Molding, Concrete, PU Molding, Wood Composite & Panel Pressing, Composite Molding, Others), & Region - Global Forecast to 2029", is estimated at USD 2.2 billion in 2024 and is projected to reach USD 2.9 billion by 2029, at a CAGR of 6.1%.

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May 29, 2024

Cloud ITSM Industry worth $17.8 billion by 2029

According to a research report "Cloud ITSM Market by Offering (Solutions (Change & Configuration Management, Operations & Performance Management), and Services), Deployment Mode (Public, Private, Hybrid Cloud), Organization Size, Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the Cloud ITSM market size is expected to grow from USD 9.5 billion in 2024 to USD 17.8 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. As the Internet of Things (IoT), 5G, and AI gain wider acceptance, numerous sectors are embracing this technology to harness real-time data for improved decision-making. While the influence of IoT and AI is widely acknowledged in fields like retail and healthcare, it is now significantly transforming industries requiring innovation, including manufacturing, transportation & logistics, energy & utilities, food and beverage, and waste management. In conjunction with IoT, Cloud ITSM offers organizations a resilient framework for instantaneously analyzing crucial data, ushering in a new era of efficiency and agility.

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May 28, 2024

Clean Label Ingredients Industry worth $69.3 billion by 2029

According to a research report "Clean Label Ingredients Market by Ingredient Type (Natural Flavors, Natural Colors, Fruit & Vegetable Ingredients, Starch & Sweeteners, Flours, Malt), Application (Food, Beverages), Form (Dry, Liquid), Certification Type - Global Forecast to 2029" published by MarketsandMarkets, the global clean label ingredients market,  estimated to be  USD 50.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 69.3 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 6.7% during the forecast period.

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May 28, 2024

Zinc Battery Industry worth $2.0 billion by 2029

The report "Zinc Battery Market by Battery Type (Zinc-air, Nickel-zinc, Zinc-ion, Zinc-bromine), Rechargeability (Primary & Secondary), Application (Medical, Utilities, Automotive & Transportation, Industrial, Consumer Devices) and Region - Global Forecast to 2029" The global Zinc battery market is projected to reach USD 2.0 billion by 2029 from USD 1.0 billion in 2024; it is expected to grow at a CAGR of 13.6%. Key factors propelling the market growth include benefits over other battery technologies, abundance of zinc metal, and increasing investments globally in grid infrastructure.

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May 28, 2024

Battery Thermal Management System Market worth $8.5 Billion by 2030

According to a research report "Battery Thermal Management System Market by Propulsion (BEV, PHEV, FCEV), Offering (BTMS With Battery, BTMS Without Battery), Technology (Active, Passive, Hybrid), Battery Type, Battery Capacity, Vehicle Type and Region - Forecast to 2030" published by MarketsandMarkets, the global BTMS market size is projected to grow from USD 3.7 Billion in 2024 to USD 8.5 Billion by 2030, at a CAGR of 14.7%. The increasing demand for electric vehicle and battery safety is expected to increase the demand for BTMS. Additionally, continuos innovation in BTMS components will boost the demand for BTMS.

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May 27, 2024

Fingerprint Sensor Industry worth $5.9 billion by 2029

According to a research report "Fingerprint Sensor Market Size, Share and Industry Growth Analysis by Technology (Capacitive, Optical, Thermal, Ultrasonic), Type (Area & Touch, Swipe), Sensor Technology, End-Use Application and Region - Global Forecast to 2029" The fingerprint sensor market is projected to grow from USD 4.2 billion in 2024 and is expected to reach USD 5.9 billion by 2029, growing at a CAGR of 7.0% from 2024 to 2029. The rise in number of identity threats is one of the key factors leading to emergence of fingerprint technologies. Identity theft refers to the illegal acquisition of an individual's personal or financial details to perpetrate fraud, including unauthorized transactions. It occurs through various methods and inflicts harm on victims' credit, finances, and reputation.

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May 27, 2024

Pressure Sensitive Adhesives Market worth $16.0 billion by 2029

The report "Pressure Sensitive Adhesives Market by Chemistry (Acrylic, Rubber, Silicone), Technology (Water-Based, Solvent-Based, Hot-Melt), Application (Tapes, Labels, Graphics), End-Use Industry (Packaging, Automotive), and Region - Global Forecast to 2029", size is projected to grow from USD 13.8 billion in 2024 to USD 16.0 billion by 2029, at a CAGR of 3.0%.

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May 27, 2024

Cloud Analytics Industry worth $118.5 billion by 2029

According to a research report "Cloud Analytics Market by Offering ((Solutions (Advanced Analytics, Cloud Bl Tools), Deployment Mode (Public, Private, Hybrid)), Services), Data Type, Data Processing (Real-Time Analytics, Batch Analytics), Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the market for cloud analytics is estimated to grow from USD 35.7 billion in 2024 to USD 118.5 billion in 2029, at a CAGR of 27.1% during the forecast period. Cloud analytics revolutionizes data storage and analysis by harnessing the power of the cloud. By storing and analyzing data in the cloud, businesses can extract actionable insights crucial for both SMEs and large enterprises. This approach facilitates identifying patterns, predicting future outcomes, and gaining valuable insights. Cloud analytics offers an opportunity to consolidate data and convert it into actionable intelligence while reducing procurement and maintenance costs. It involves utilizing both cloud-stored data and the rapid computing power of the cloud for faster analytics. However, with cloud infrastructure, organizations gain access to scalable, secure, and efficient data storage and processing solutions, enabling them to meet the demands of big data and drive innovation.

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May 27, 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

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

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

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