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Enzymes Market worth $14.7 billion by 2025

The report "Enzymes Market by Product Type (Industrial enzymes and Specialty enzymes), Source (Microorganism, Plant, and Animal), Type, Industrial Enzyme Application, Specialty Enzymes Application, and Region - Global Forecast to 2025" According to MarketsandMarkets, the enzymes market is estimated to be valued at USD 10.0 billion in 2019 and is projected to reach USD 14.7 billion by 2025, recording a CAGR of 6.7%, in terms of value. The growing concerns about the environment among people and the increasing demand for biofuels are factors that are projected to drive the growth of the enzymes market, globally.

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March 26, 2020

Optical Transceiver Market worth $9.2 billion by 2025

The report "Optical Transceiver Market by Form Factor (SFF, SFP, SFP+, QSFP, QSFP+, QSFP28), Data Rate, Distance, Fiber Type (Single-Mode, Multimode), Connector, Wavelength, Application (Telecom, Data Center, and Enterprise), and Region - Global Forecast to 2025", is expected to grow from USD 5.7 billion in 2020 to USD 9.2 billion by 2025, at a CAGR of 10.0%. Increasing the adoption of smart devices and rising data traffic has spurred the growth of the optical transceiver market. Other drivers for the optical transceiver industry growth include growing demand for cloud computing applications and the increasing requirement for compact and energy-efficient transceivers.

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March 25, 2020

Nanocellulose Market worth $783 million by 2025

The report "Nanocellulose Market by Type (MFC & NFC, CNC/NCC, and Others), Application (Pulp&paper, composites, biomedical & pharmaceutical, electronics & sensors, and others), Region (Europe, North America, APAC, and Rest of World) - Global Forecast to 2025", The nanocellulose market is expected to grow from USD 297  million in 2020 to USD 783 million by 2025, at a CAGR of 21.3%. The major factors driving the nanocellulose market include growth in the sustainable products demand and increasing funding for nanocellulose R&D from government & private sectors of developed nations.

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March 25, 2020

Gamification Market worth $ 30.7 billion by 2025

According to a research report "Gamification Market by Component (Solution and Services), Deployment (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Application, End-User (Enterprise-Driven and Consumer-Driven), Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets, the gamification market size is projected to grow from USD 9.1 billion in 2020 to USD 30.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 27.4% during the forecast period. The major factors driving the growth of the gamification market include rewards and recognition to employees over performance to boost employee engagement, provision of lucrative offers to the customers and consumers, and gamification yielding higher Return on Investment (RoI).

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March 25, 2020

Automotive Diagnostic Scan Tools Market worth $52.9 billion by 2025

The report "Automotive Diagnostic Scan Tools Market by Workshop Equipment, Vehicle, Handheld Scan Tools (Scanner, Code Reader, Digital Pressure Tester, TPMS Tool, Battery Analyzer), Offering, Connectivity, and Region - Global Forecast to 2025", The Automotive Diagnostic scan tools Market is estimated to be USD 41.0 billion in 2020 and is projected to reach a market size of USD 52.9 billion by 2025, growing at a CAGR of 5.2% during the forecast period.

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March 25, 2020

Biosimilars Market worth $35.7 billion by 2025

The report "Biosimilars Market by Product (Insulin, Interferon, Etanercept, Infliximab, Rituximab, Glucagon, Calcitonin), Manufacturing (In-house, Contract) & Indication (Oncology, Chronic Disease, Blood Disorder, Autoimmune Disease), Region - Global Forecast to 2025", is projected to reach USD 35.7 billion by 2025 from USD 11.8 billion in 2020, growing at a CAGR of 24.7% from 2020 to 2025 Rising incidences of chronic diseases globally, coupled with the cost-effectiveness of biosimilars, are driving the growth of the global market. Moreover, the development of biosimilars for new indications and the patent expiry of biologic drugs are expected to offer significant growth opportunities to the biosimilar market players in the coming years.

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March 24, 2020

Food Encapsulation Market worth $14.1 billion by 2025

The report "Food Encapsulation Market by Shell Material (Polysaccharides, Emulsifiers, Lipids, Proteins), Technology (Microencapsulation, Nanoencapsulation, Hybrid encapsulation), Application, Method, Core Phase, and Region - Global Forecast to 2025" The global food encapsulation market size is projected to reach USD 14.1 billion by 2025, from USD 9.9 billion in 2020, recording a CAGR of 7.5% during the forecast period. This market is majorly driven by the rising demand for encapsulated flavors from convenience food manufacturers, and increasing demand for fortified food products.

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March 24, 2020

Automated Optical Inspection (AOI) System Market worth $1,583 million by 2025

According to the new market research report, "Automated Optical Inspection (AOI) System Market by Type (2D AOI, 3D AOI), Technology (Inline AOI, Offline AOI), Industry (Consumer Electronics, Telecommunications, Automotive, Medical Devices, Aerospace & Defense) and Region - Global Forecast to 2025" is estimated to be valued at USD 753 million in 2020 and is projected to reach USD 1,583 million by 2025; it is expected to grow at a CAGR of 16.0% during the forecast period. Major factors fueling the growth of the market include increasing demand for consumer electronics, rising need for high-quality electronic components, demand for higher productivity by electronics manufacturing services (EMS) companies, and growing demand for AOI systems in automotive electronics.

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March 24, 2020

Steel Rebar Market worth $246.3 billion by 2025

The report "Steel Rebar Market by Type (Deformed & Mild), Process (Basic Oxygen Steelmaking & Electric ARC Furnace), End-Use (Housing, Infrastructure, Industrial), Region (North America, EU, APAC, MEA, South America) - Global Forecast to 2025" The global steel rebar market size is projected to grow from USD 198.7 billion in 2020 to reach USD 246.3 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The major drivers for the market include the increasing use of higher rebar products, the development of value-added products, capacity expansion by steelmakers all around the world, increasing population, and rapid urbanization. However, the current steel rebar industry is also plagued by the recent outbreak of COVID-19 and its impact on the global economy, which is expected to deter the demand for steel rebar during the forecast period

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March 24, 2020

Oil Condition Monitoring Market worth $1,175 million by 2025

According to the new market research report "Oil Condition Monitoring Market by Product Type (Turbines, Compressors, Engines, Gear Systems, Hydraulic Systems), Sampling Type (On-site, Off-site), Industry (Transportation, Industrial, Oil & Gas), and Region - Global Forecast to 2025", the global oil condition monitoring market size is estimated to reach USD 1,175 million by 2025 from USD 779 million in 2020, at a CAGR of 8.5% during the forecast period.

Oil condition monitoring helps to avoid machine failure by the utilization of machine operation and failure analysis program. It provides information regarding the actual condition of oil used inside gearboxes, compressors, hydraulic systems, and engines. As machines and equipment have to work under demanding conditions, exposed to constant high pressures & temperatures, the properties of lubricating oil can change and may cause damage.

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March 23, 2020

Digital Pathology Market worth USD 1,139 million by 2025

The report "Digital Pathology Market by Product (Artificial Intelligence, Scanner, Software, Storage), Type (Human, Veterinary), Application (Teleconsultation, Disease Diagnosis, Drug Discovery), End User (Pharmaceutical Companies, Hospitals) - Global Forecast to 2025", The global digital pathology market is projected to reach USD 1,139 million by 2025 from USD 613 million in 2020, at a CAGR of 13.2% during the forecast period. The growth of this market is majorly attributed to the increasing adoption of digital pathology to enhance lab efficiency, rising prevalence of cancer, growing application of digital pathology in drug development & companion diagnostics, and increasing initiatives by industry players.

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March 23, 2020

Vibration Monitoring Market worth $2.2 billion by 2025

According to the new market research report "Vibration Monitoring Market by Component (Hardware and Software), System Type (Embedded Systems, Vibration Analyzers, and Vibration Meters), Monitoring Process (Online and Portable), Industry, and Region – Global Forecast to 2025" , the global vibration monitoring market size is projected to be valued at USD 1.5 billion in 2020 and is expected to reach USD 2.2 billion by 2025, at a CAGR of 7.4% during the forecast period. Factors such as the rising trend of remote monitoring through wireless systems, growing awareness toward predictive maintenance, increasing demand from emerging applications such as heating, ventilation and air conditioning (HAVC), and penetration of smart factories are driving the growth of the vibration monitoring market.

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March 23, 2020

Personalized Nutrition Market worth $16.4 billion by 2025

The report "Personalized Nutrition Market by Product Type (Active measurement, Standard measurement), Application (Standard supplements, Disease-based), End Use (Direct-to-consumer, Wellness & Fitness centers, Hospitals & Clinics), and Region - Global Forecast to 2025"The personalized nutrition market is projected to grow from USD 8.2 billion in 2020 to USD 16.4 billion by 2025, recording a compound annual growth rate (CAGR) of 15.0% during the forecast period. The major factors driving the growth of the personalized nutrition market include the increasing health awareness among consumers, better understanding of health and fitness, and the growing trend of adopting digital healthcare

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March 23, 2020

Contactless Payment Market worth $18.0 billion by 2025

According to a research report "Contactless Payment Market by Component (Hardware (PoS and Cards), Solutions, and Services (Consulting, Integration and Deployment, and Support and Maintenance)), Vertical (Retail and hospitality), and Region - Global Forecast to 2025", published by MarketsandMarkets, The global contactless payment market size is expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card. This increases the speed of transactions, making contactless payments even more efficient. With the increasing integration of contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown tremendously across all the countries.

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March 20, 2020

Precision Farming Market worth $12.8 billion by 2025

The report "Precision Farming Market by Technology (Guidance, VRT, Remote Sensing), Application (Crop Scouting, Field Mapping, Variable Rate Application), Offering (Hardware—Sensors, GPS, Yield Monitors; Software; Services) and Geography - Global Forecast to 2025", is expected to grow from USD 7.0 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 12.7%. The high demand for agricultural products due to population growth; increased adoption of VRT, remote sensing technology, and guidance technologies by worldwide farmers; strong government support for promoting the use of precision farming techniques are the major factors fueling the growth of the precision farming market. Also, government initiatives in many countries  such as UK, US, and Indiaenable farmers to make use of optimized agricultural and technological tools to improve their production levels. Further, the changing weather patterns due to increasing global warming have impelled the adoption of advanced farming technologies to enhance farm productivity and crop yield.

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March 20, 2020

Collaborative Robot (Cobot) Market worth $7,972 million by 2026

The report "Collaborative Robot (Cobot) Market by Payload, Component (End Effectors, Controllers), Application (Handling, Assembling & Disassembling, Dispensing, Processing), Industry (Electronics, Furniture & Equipment), and Geography - Global Forecast to 2026", is expected to grow from USD 981 million in 2020 to USD 7,972 million by 2026, at a CAGR of 41.8%. Collaborative robots are increasingly being adopted by various industries due to advantages such as increased productivity and effective employee utilization, as well as improved workplace safety. Small- and medium-sized businesses manufacturers, especially in developed countries, are expected to quickly adopt collaborative robots, as many of these smaller sized businesses are yet to adopt robotic automation in their production processes. Collaborative robots (cobots) can adapt to changing requirements as they are easily re-deployable and reprogrammable, which benefit small companies. Cobots are being adopted by large manufacturing companies as well for increased cost savings and improving the ergonomic work conditions for workers.

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March 20, 2020

Digital Therapeutic (DTx) Market worth$6.9 billion by 2025

The report "Digital Therapeutic (DTx) Market by Application (Prediabetes, Nutrition, Care, Diabetes, CVD, CNS, CRD, MSD, GI, Substance Abuse, Rehabilitation), Sales Channel (B2C, Patient, Caregiver, B2B, Providers, Payer, Employer, Pharma) - Global forecasts to 2025" is projected to reach USD 6.9 billion by 2025 from USD 2.1 billion in 2020, at a CAGR of 26.7% during the forecast period. Market growth is largely driven by the growing incidence of preventable chronic health conditions, rising investments in digital therapeutics, rising focus on preventive healthcare, and the need to control healthcare costs. On the other hand, a lack of awareness and access to digital therapeutics programs in developing countries, resistance from traditional healthcare providers, and unstable payment models are challenging the growth of this market.

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March 20, 2020

Energy Harvesting System Market worth $0.8 billion by 2025

According to the new market research report, “Energy Harvesting System Market by Technology (Light, Vibration, RF, Thermal), Component, Application (Building & Home Automation, Consumer Electronics, Industrial, Transportation, Security), and Region - Global Forecast to 2025is expected to grow from USD 0.4 billion in 2017 to USD 0.8 billion in 2025 —growing at a CAGR of 10.1%. Increasing trend for green energy and favorable initiatives by governments, rising adoption of wireless sensor network equipped with energy harvesting systems, and  extensive implementation of IoT devices in automation and energy harvesting technology in building and home automation are some of the factors that will boost the market during the forecast period.

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March 19, 2020

Agricultural lubricants Market worth $3.9 billion by 2025

The report "Agricultural lubricants Market by Type (Mineral Oil, Synthetic, and Bio-based), Application (Engines, Gears & Transmission, Hydraulics, Greasing, and Implements), Region (Asia Pacific, North America, Europe, South America, and MEA) - Global Forecast to 2025" is projected to grow from USD 2.9 billion in 2020 to USD 3.9 billion by 2025, at a CAGR of 5.5% from 2020 to 2025. Rising farm mechanization around the world is driving the growth of the agricultural lubricants market. The decrease in the agricultural labor force in both, developed and emerging nations has led to an increase in the use of farm machinery such as tractors and combines, thereby increasing the demand for lubricants used for such machinery.

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March 19, 2020

Industrial Radiography Market worth $784 million by 2025

The report "Industrial Radiography Market by Imaging Technique (Film-based Radiography, Digital Radiography), End User (Petrochemicals & Gas, Power Generation, Manufacturing, Aerospace, and Automotive & Transportation), and Geography - Global Forecast to 2025", is estimated to grow from USD 532 million in 2020 to USD 784 million by 2025; growing at a CAGR of 8.1% during the forecast period. Major factors fueling the market growth are advancements in software that are integrated into radiography systems, stringent regulations by various governments regarding industrial safety and product quality, increasing demand for NDT services in automotive and aerospace industries, and the preventive maintenance of industrial equipment.

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March 19, 2020

Infusion Pump Software Market worth $1,044 million by 2024

The report "Infusion Pump Software Market by Type (DERS, Interoperability, Clinical Workflow), Indication (General Infusion, Pain & Anesthesia Management, Insulin Infusion), End User (Hospitals, Ambulatory Care Settings) - Global Forecasts to 2024" The global infusion pump software market is expected to reach USD 1,044 million by 2024 from USD 742 million in 2019, at a CAGR of 7.1%. Growth in the infusion pump software market is mainly driven by factors such as the increasing incidence of chronic diseases, along with rapid growth in the geriatric population, growing number of surgical procedures performed, rising demand for ambulatory and home care infusion pumps, and technological developments.

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March 19, 2020

Biological Wastewater Treatment Market worth $11.1 billion by 2025

The report "Biological Wastewater Treatment Market by Process (Aerobic, Anaerobic), End-Use Industry (Municipal, Industrial (Pulp & Paper, Meat & Poultry, Chemicals, Pharmaceuticals, Others)), and Region (NA, Europe, APAC, MEA, and SA) - Global Forecast to 2025" The biological wastewater treatment market size is estimated to be USD 8.7 billion in 2020 and projected to reach USD 11.1 billion by 2025, at a CAGR of 5.1% from 2020 to 2025. Rapidly growing population and industrialization, aging infrastructure, water scarcity, and stringent regulations regarding the disposal of wastewater into the environment or for reuse are factors expected to drive the growth of the market during the forecast period.

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March 17, 2020

Dental Imaging Market worth $4.1 billion by 2025

The report "Dental Imaging Market by Product (CBCT, Intraoral X ray, Intraoral Cameras, Intraoral Scanners), Application (Oral and Maxillofacial Surgery, Implantology) & End user (Dental Hospitals & Clinics, Dental Diagnostic Centers) - Global Forecast to 2025" The global dental imaging market is projected to reach USD 4.1 billion by 2025 from USD 2.6 billion in 2020, at a CAGR of 9.0% during the forecast period. The increasing number of dental practices & rising dental expenditure, technological advancements, rising incidence of dental caries and other periodontal diseases, growing demand for cosmetic dentistry, and growing dental tourism in emerging markets are the major factors driving the growth of this market.

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March 17, 2020

Ion Exchange Resins Market worth $2.2 billion by 2025

The report "Ion Exchange Resins Market by Type (Cationic Resins, Anionic Resins), Application (Water, Non-Water), End-Use Industry (Power, Chemical & Petrochemical, Pharmaceutical, Food & Beverage), and Region - Global Forecast to 2025", is projected to grow from USD 1.8 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 4.2%, during the forecast period. Ion exchange resins are small plastic beads that have a porous structure and have the ability to absorb water. Ion exchange resins find use in various end-use industries, such as power generation, chemical & petrochemicals, food & beverage, pharmaceuticals, electrical & electronics, and metal & mining. They are also extensively used for water & wastewater treatment to soften the hard water and also for the demineralization of water.

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March 17, 2020

Passenger Information System Market worth $42.3 billion by 2025

According to a research report "Passenger Information System Market by Component (Solutions and Services), Location (On board and In station), Mode of Transportation (Railways (Trains and Trams), Roadways, Airways and Waterways), Region - Global Forecast to 2025", published by MarketsandMarkets, the global PIS market size is expected to grow from USD 23.8 billion in 2020 to USD 42.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period. Major factors fueling the market growth include the growing demand for consistent, real-time, and reliable passenger information; increasing use of smartphones with enhanced connectivity to improve transit experience; and rising frequency of passenger journeys through public transport.

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March 17, 2020

Embedded System Market worth $116.2 billion by 2025

According to the research report, the "Embedded System Market by Hardware (MPU, MCU, Application-specific Integrated Circuits, DSP, FPGA, and Memories), Software (Middleware, Operating Systems), System Size, Functionality, Application, Region - Global Forecast to 2025" is projected to grow from USD 86.5 billion in 2020 to USD 116.2 billion by 2025; it is expected to grow at a CAGR of 6.1% from 2020 to 2025. Key factors fueling the growth of this market include an increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric vehicles and hybrid vehicles, increase in demand for portable devices such as wearables, and rise in the use of multicore processors in military applications.

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March 17, 2020

Minimally Invasive Surgical Instruments Market worth $32.7 billion by 2025

The report "Minimally Invasive Surgical Instruments Market by Product (Handheld Instruments, Inflation Devices, Surgical Scopes), Type of Surgery (Cardiothoracic, Gastrointestinal), End User (Hospitals, Ambulatory Surgery Centers and Clinic) - Global Forecast to 2025", is expected to grow from USD 20.1 billion in 2019 to USD 32.7 billion by 2025, at a CAGR of 8.5% during the forecast period. The advantages of minimally invasive surgeries over traditional open surgeries and the increasing number of minimally invasive surgical procedures across the globe are the key factors driving market growth.

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March 16, 2020

Cognitive Computing Market worth $77.5 billion by 2025

The report "Cognitive Computing Market by Component, Deployment Mode, Business Function, Application (IVA and Chatbot and Behavioral Analysis), Technology (Human Computer Interface and Deep Learning), Industry Vertical, and Region - Global Forecast to 2025", is expected to grow from USD 20.5 billion in 2020 to USD 77.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 30.5% during the forecast period. The major growth factors of the cognitive computing market include the increasing adoption of digitization and automation across various industry verticals. The increasing demand for intelligent business processes to enhance decision-making, the benefit of cost-effectiveness offered by cognitive solutions, and fulfilling the enterprise need to adopt advanced cognitive abilities to reduce operational costs.

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March 16, 2020

Expanded Polypropylene (EPP) Foam Market worth $1,619 million by 2025

The report "Expanded Polypropylene (EPP) Foam Market by Type (Low Density, High Density & Porous PP), Application (Automotive, Packaging, Consumer Products), and Region (North America, Europe, Asia-Pacific) - Global Forecast to 2025" The EPP foam market size is projected to grow from USD 1,253 Million in 2020 to USD 1,619 Million by 2025, at a CAGR of 5.3% during the forecast period.

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March 16, 2020

Enterprise Data Management Market worth $122.9 billion by 2025

According to a research report "Enterprise Data Management Market by Component (Software (Data Security, Data Integration, Data Migration, and Data Quality) and Services) Deployment Mode, Organization Size, Industry Vertical, and Region - Global Forecast to 2025", published by MarketsandMarkets, the global enterprise data management market size is expected to grow from USD 77.9 billion in 2020 to USD 122.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period. The key factors driving the enterprise data management market include enterprises focusing on improving their customer experiences, accelerating their analytical and transactional operations, and making faster business decisions using the insights derived from the data. The different components of data management market include data security, master data management, data integration, data migration, data warehousing, data governance, and data quality.

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March 16, 2020

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