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Home › Press Releases
Press Releases
Title | Date |
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Composite AI Market worth $4.4 billion by 2028According to a research report "Composite AI Market by Offering (Software, Hardware, Services), Technique (Data Processing, Pattern Recognition), Application (Product Design & Development, Customer Service), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the composite AI market is estimated to grow from USD 0.9 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 36.5% during the forecast period. The growing availability of data, growing intricacy of AI applications for better performance is fuelling the market growth. ...... Read More |
May 31, 2023 |
Micro Injection Molded Plastic Market worth $2.1 billion by 2028The report "Micro Injection Molded Plastic Market by Material Type (LCP, PEEK, PC, PE, POM, PMMA, PEI, PBT), Application (Medical, Automotive, Optics, Electronics), and Region (North America, Asia Pacific, Europe, MEA, South America) - Global Forecast to 2028", size was USD 1.2 billion in 2023 and is projected to reach USD 2.1 billion by 2028, at a CAGR of 11.4%, between 2023 and 2028. ...... Read More |
May 30, 2023 |
Precision Livestock Farming Industry worth $11.2 billion by 2028The report "Precision Livestock Farming Market by System Type (Milking Robotic Systems, Precision Feeding Systems, Livestock Monitoring Systems), Application, Offering, Farm Type (Dairy, Swine, Poultry), Farm Size and Geography - Global Forecast to 2028" The precision livestock farming market is estimated to be USD 6.9 billion in 2023 and is projected to reach USD 11.2 billion by 2028, at a CAGR of 10.2%. Due to the rising demand for dairy products such as butter, cheese, curd, whey, and yogurt worldwide, the number of cattle is increasing continuously. This growing population of dairy cattle is likely to propel the market for precision livestock farming solutions in the coming years. Precision livestock farming has been gaining momentum across various types of farms owing to rising labor costs and the increasing size of the farms. Rising animal health and safety awareness has resulted in the adoption of precision livestock tracking and monitoring systems across the farms over the last couple of years. ...... Read More |
May 30, 2023 |
Live Cell Imaging Market worth $4.3 billion by 2028The report "Live Cell Imaging Market by Product (Instruments, Consumables, Software, Services), Application (Cell Biology, Stem Cells, Drug Discovery), Technology (Time-lapse Microscopy, FRET, FRAP, HCS), End User (Pharma, Biotech, CROs) - Global Forecast to 2028", is projected to reach USD 4.3 billion by 2028 from USD 2.7 billion in 2023, at a CAGR of 10.2% during the forecast period of 2023 to 2028. ...... Read More |
May 30, 2023 |
Rolling Stock Market worth $65.6 billion by 2028According to a research report "Rolling Stock Market by Component Product Type (Locomotive, Rapid Transit, & Coach), Locomotive Technology (Conventional, Turbocharged, & Maglev), Application (Passenger Transportation & Freight transportation) & Region - Global Forecast to 2028" published by MarketsandMarkets, the global rolling stock market, by value, is estimated to be 54.6 USD billion in 2023 and is projected to reach 65.6 USD billion by 2028, at a CAGR of 3.8% from 2023 to 2028. ...... Read More |
May 30, 2023 |
Identity and Access Management (IAM) Market worth $32.6 billion by 2028According to a research report "Identity and Access Management (IAM) Market by Offering (Solutions and Services), Type, Solution (Data Directory, Identity Lifecycle Management, Authentication, Verification), Service, Deployment Mode, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global IAM market size is projected to grow from USD 15.7 billion in 2023 to USD 32.6 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. The growth of the IAM market is driven by factors such as rising instances of security breaches and escalating instances of identity-related fraud. ...... Read More |
May 30, 2023 |
Tunable Diode Laser Analyzer (TDLA) Industry worth $795 million by 2030The report "Tunable Diode Laser Analyzer (TDLA) Market by Methodology (In situ, Extractive); Gas Analyzer (Oxygen, Ammonia, COx, Moisture, CxHx, Hx), Device (Portable, Fixed), Industry (Oil & Gas, Chemical & Pharmaceutical, Power) and Region - Global Forecast to 2030" The TDLA market is expected to reach USD 795 million by 2030 from USD 496 million in 2023, at a CAGR of 7.0% during the 2023–2030 period. The major factors driving the market growth of the TDLA market are advanced features of TDLAs and ROIs on installations, rising industrialization and development of new power plants and increased process automation in various end-use industries. ...... Read More |
May 29, 2023 |
Artificial Intelligence (AI) in Military Industry worth $38.8 billion by 2028The report "Artificial Intelligence (AI) in Military Market by Offering (Software, Hardware, Services), Technology (Machine Learning, Natural Language Processing), Platform (Airborne, Land, Space), Application, Installation Type, Region - Global Forecast to 2028" The AI in military market is estimated to be USD 9.2 billion in 2023 and is projected to reach USD 38.8 billion by 2028, at a CAGR of 33.3% during the forecast period. The driving factor for the AI in military market is increase investments on development of AI-enabled solution to strengthen military capabilities, development of high-end AI chips, and need for advanced surveillance systems and situational awareness. ...... Read More |
May 29, 2023 |
Lancets Market worth $3.6 billion by 2028The report "Lancets Market by Type (Safety Lancets (Manually & Pressure activated), Standard Lancets, Application (Glucose Testing, Cholesterol Testing), Gauze Size (22G and Below), Age Group (Adult, Pediatrics), End Users (Hospitals), Region - Global Forecast to 2028", is projected to reach USD 3.6 billion by 2028 from USD 2.3 billion in 2023, at a CAGR of 9.7% during the forecast period. Growth in the lancets market is mainly driven by the growing prevalence of diabetes, the high prevalence of chronic diseases, the rising geriatric population, and the increasing demand for painless lancets. In addition, emerging markets such as India and China are expected to offer growth opportunities for players operating in the Lancets market during the forecast period. However, the risk of lancet-related needlestick injuries, the reuse of lancets, and the poor reimbursement scenario in developing countries are restricting the growth of this market. ...... Read More |
May 29, 2023 |
Hydrogen Tank Material Market worth $3,988 million by 2030The report "Hydrogen Tank Material Market by Material Type (Metal, Carbon Fiber, Glass Fiber), Tank Type (Tank 1, Tank 2, Tank 3, Tank 4), End-use Industry (Automotive & Transportation, Industrial, Chemicals, Medical & Pharmaceuticals), Region – Global Forecast to 2030", is projected to grow from USD 953 million in 2022 to USD 3,988 million by 2030, at a CAGR of 22.7% during the forecast period. Hydrogen tanks are getting widely used for storage and transportation of hydrogen gas having applications in multiple end-use industries such as automotive & transportation, industrial, chemicals, medical & pharmaceuticals, and many others. ...... Read More |
May 29, 2023 |
Metaverse in Education Market worth $19.3 billion by 2028According to a research report "Metaverse in Education Market by Component (Hardware (AR devices, VR devices, MR devices, and interactive displays and projectors), Software, Professional Services), End User (Academic and Corporate) and Region - Global Forecast to 2028" published by MarketsandMarkets, the Metaverse in education market size is expected to grow from USD 3.9 billion in 2023 to USD 19.3 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 37.7% during the forecast period. Education has significantly changed human society and shaped the entire world. Modern online learning platforms and virtual reality simulations have replaced more conventional teaching techniques, including spoken explanations and whiteboard drawings over time. The COVID-19 epidemic accelerated the adoption of virtual learning, which has increased interest in using metaverse technology to deliver education. ...... Read More |
May 29, 2023 |
LoRa and LoRaWAN IoT Market worth $25.5 billion by 2028According to a research report "LoRa and LoRaWAN IoT Market by Offering (Hardware, Platforms, and Services), Application (Smart Cities, Industrial IoT, Smart Healthcare), End User (Retail, Manufacturing, Healthcare, Energy & Utilities, Residential) and Region - Global Forecast to 2028" published by MarketsandMarkets, the LoRa and LoRaWAN IoT market is estimated at USD 5.6 billion in 2023 and is projected to reach USD 25.5 billion by 2028, at a CAGR of 35.3% from 2023 to 2028. Governments collaborate with private organizations, research institutions, and industry associations to develop IoT ecosystems and drive innovation. These partnerships often involve joint projects, knowledge sharing, and the establishment of testbeds and pilot programs. Governments foster the development and adoption of LoRa and LoRaWAN IoT solutions by actively engaging with the private sector across different industries. ...... Read More |
May 26, 2023 |
Foliar Spray Market worth $9.6 billion by 2028According to a research report "Foliar Spray Market by Type (Nitrogenous, Phosphatic, Potassic and Micronutrients), Form (Powder and Liquid), Application (Horticultural Crops, Field Crops, Turfs & Ornamentals), Region ( North America, Europe, Asia- Pacific) - Global Forecast to 2028" published by MarketsandMarkets, the global foliar spray market will grow from USD 7.3 billion in 2023 to USD 9.6 billion by 2028, growing at a CAGR of 5.5% during the forecast period. Foliar spray is becoming increasingly popular in the agricultural industry due to its numerous advantages over traditional soil-based fertilization methods. One of the main drivers of the foliar spray market growth is the increasing demand for food due to the rising global population. The foliar spray technique is a highly effective way to increase crop yields, as it allows for the precise application of nutrients and pesticides directly to the plant's leaves. In addition to its effectiveness, foliar spray is also more environmentally friendly than traditional soil-based fertilization methods. Because it allows for more precise application of nutrients and pesticides, there is less waste and runoff, which reduces the risk of pollution and environmental damage. ...... Read More |
May 26, 2023 |
Test and Measurement Equipment Industry worth $42.9 billion by 2028The report "Test and Measurement Equipment Market by Product Type (General-purpose Test Equipment and Mechanical Test Equipment), Service Type (Calibration Services and Repair/After-sales Services), Vertical and Region - Global Forecast to 2028" The Test and measurement equipment market is expected to reach USD 42.9 billion by 2028 from USD 34.3 billion in 2023, at a CAGR of 4.6% during the 2023–2028 period. The major factors driving the market growth of the test and measurement equipment market include growing adoption of electronic devices, surging deployment of advanced networking and communication technologies, rising demand of high-performance and power-efficient electronic devices, etc. ...... Read More |
May 26, 2023 |
Heat Exchangers Market worth $29.0 billion by 2028The report "Heat Exchangers Market by Type (Shell & Tube, Plate & Frame, Air Cooled), Application (Chemical, Energy, HVACR, Food & Beverage, Power, Paper & Pulp), Material (Metals, Alloys and Brazing Clad), and Region - Global Forecast to 2028", is projected to reach USD 29.0 billion by 2028, at a CAGR of 7.1% from USD 20.5 billion in 2023. ...... Read More |
May 26, 2023 |
Fraud Detection and Prevention Market worth $66.6 billion by 2028According to a research report "Fraud Detection and Prevention Market by Offering (Solutions (Fraud Analytics, Authentication, and GRC) and Services (Managed and Professional)), Fraud Type, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global FDP market size is projected to grow from USD 27.7 billion in 2023 to USD 66.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period. The growth of the FDP market is driven by factors such as the widespread utilization of digital technologies and IoT across various industries, the surge in revenue losses and chargebacks caused by fraudulent activities, and the growing adoption of fraud analytics and risk-based authentication solutions to combat fraud. These trends have resulted in a higher demand for fraud prevention solutions that can assist businesses in protecting their operations and reducing the risks associated with financial losses and reputational harm. ...... Read More |
May 25, 2023 |
Human Microbiome Market worth $1.7 billion by 2029The report "Human Microbiome Market by Product (Drugs, Probiotics, Prebiotics), Application (Therapeutic, Diagnostics), Disease (Cancer, Gastrointestinal, Infectious), Type (Peptide, Live Biotherapeutic Product, FMT) - Global Forecast to 2029", is projected to reach USD 1.7 billion by 2029 from USD 0.3 billion in 2023, at a CAGR of 36.1% during the forecast period. Some of the prominent factors driving the growth of this market are advancements in technology, and the increasing awareness of personalized medicine are boosting the growth of the market. However, the regulatory challenges and limited understanding of microbial interactions can hamper the market growth. ...... Read More |
May 25, 2023 |
Medical Display Market worth $2.9 billion by 2028The report "Medical Display Market by Technology (LED-Backlit LCD Displays, CCFL-Backlit LCD Displays, OLED Displays), Panel Size (Under 22.9 inch panels, 23.9-26.9 inch panels, 27-41.9 inch panels), Resolution, Display Color, Application - Global Forecast to 2028", is projected to reach USD 2.9 billion by 2028 from USD 2.3 billion in 2023, at a CAGR of 5.2% during the forecast period. like rising technological advancements, increasing demand for diagnostic imaging, rising awareness and adoption of minimally invasive procedures and surge in telemedicine and remote diagnostics. However, market saturation in developed countries and increasing adoption of refurbished medical displays will be challenges in the growth of this market during the forecast period. ...... Read More |
May 25, 2023 |
Location Based Entertainment Market worth $11.8 billion by 2028According to a research report "Location Based Entertainment (LBE) Market by Technology (Virtual Reality (VR), Augmented Reality (AR), Projection Mapping), Offering (Hardware, Software, Services), Venue (Amusement Parks, Theme Parks, Arcades) and Region - Global Forecast to 2028" published by MarketsandMarkets, the location based entertainment market size is projected to grow from USD 3.5 billion in 2023 to USD 11.8 billion by 2028, at a CAGR of 27.3% during the forecast period. With the growing advancements in virtual reality (VR) and augmented reality (AR) technologies, VR gaming, the increasing demand for social and shared experiences and integration of artificial intelligence (AI) and machine learning (ML) technologies has led to growth of the location based entertainment market. ...... Read More |
May 25, 2023 |
Fruit Fillings Market worth $3.8 billion by 2028According to a research report "Fruit Fillings Market by Filling Type, Fruit Type (Berries, Citrus Fruits, Tropical Fruits), Application (Bakery, Confectionery, Dairy, Ice Cream, Beverages), and Region (North America, Europe, Asia Pacific, RoW) - Global Forecast to 2028" published by MarketsandMarkets, the global Fruit Fillings market is projected to reach USD 3.8 billion by 2028 from USD 3.0 billion by 2023, at a CAGR of 4.6% during the forecast period in terms of value. The market has been growing steadily in recent years, driven by increased consumer demand for convenience foods, the popularity of on-the-go snacks, and the rise of e-Commerce platforms. Moreover, the consumers are inclined towards premium products and exploring new cuisines. They are willing to spend extra for high-quality and nutritious products with low-calorie, less sugar, and this trend is expected to continue. Thus, the growth of this market is majorly attributed to the growing changing consumer preferences and the increasing demand for natural, healthier, and tasty food ingredients. ...... Read More |
May 25, 2023 |
Hydrogen Detection Industry worth $410 million by 2028The report "Hydrogen Detection Market by Technology (Electrochemical, Catalytic, MOS, Thermal Conductivity, MEMS), Implementation (Fixed, Portable), Detection Range (0-1000 ppm, 0-5000 ppm, 0-20000 ppm, >0-20000 ppm), Application, Region - Global Forecast to 2028" The hydrogen detection market is expected to reach USD 410 million by 2028 from USD 240 million in 2023, at a CAGR of 11.3 % during 2023–2028. The major factors driving the market growth of the hydrogen detection market include increasing adoption of fuel cell technology, growing need for energy efficiency as well as low carbon energy systems, and rising leak detection and monitoring requirements in oil & gas, automotive & transportation, energy & power, chemical, and other applications. ...... Read More |
May 25, 2023 |
Self-Healing Coatings Market worth $10.4 billion by 2028The report "Self-Healing Coatings Market by Form (Extrinsic, Intrinsic), End-use industry (Automotive, Building and construction, Aerospace, Marine) and Region (Asia Pacific, Europe, North America, South America, and MEA) - Global Forecast to 2028", size was USD 2.4 billion in 2023 and is projected to reach USD 10.4 billion by 2028, at a CAGR of 34.2%, between 2023 and 2028. The self-healing coatings market is divided into five key regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America. US and Germany, among other nations, are the worldwide leaders in the self-healing coatings industry. Increased investment in many end-use sectors promotes the expansion of self-healing coatings. Emerging economies such as Asia Pacific are funding large-scale infrastructure development projects. The markets of these economies are expanding faster than those of North America and Europe. ...... Read More |
May 25, 2023 |
On-Orbit Satellite Servicing Industry worth $5.1 billion by 2030The report "On-Orbit Satellite Servicing Market by Service (Active Debris Removal (ADR) and Orbit Adjustment, Robotic Servicing, Refueling, Assembly), End User (Military & Government, Commercial), Orbit, Type and Region - Global Forecast to 2030" The On-orbit satellite servicing market is estimated to be USD 2.4 billion in 2023 and is projected to reach USD 5.1 billion by 2030, at a CAGR of 11.5% during the forecast period. Increasing aging satellite constellations, need for satellite refuelling are driving the growth of the on-orbit satellite servicing market. ...... Read More |
May 24, 2023 |
DataOps Platform Market worth $10.9 billion by 2028According to a research report "DataOps Platform Market by Offering (Platform and Services), Type (Agile Development, DevOps, and Lean Manufacturing), Deployment Mode, Vertical (BFSI, Telecommunications, and Healthcare & Life Sciences) and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for DataOps Platform is projected to grow from USD 3.9 billion in 2023 to USD 10.9 billion by 2028, at a CAGR of 23.0% during the forecast period. As organizations continuously generate and accumulate vast volumes of data, DataOps platforms offer indispensable tools and processes to extract actionable insights and unlock the true value of data assets. DataOps platform empower teams with the necessary skills and capabilities to effectively manage critical business processes, enabling them to grasp the significance while eliminating data silos through centralized data management. This emerging paradigm seeks to achieve a delicate equilibrium between fostering innovation and upholding control over the data pipeline. By harmonizing innovation and control, DataOps platforms allow organizations to harness data as a strategic asset while ensuring data integrity and security are upheld without compromise. ...... Read More |
May 24, 2023 |
Texture Paint Market worth $16.2 billion by 2028The report "Texture Paint Market by Resin Type (Acrylic and Epoxy), Technology (Water based, Solvent based), Product Type (Interior and Exterior), Application (Residential and Non - Residential), & Region (Asia Pacific, Europe, North America - Global Forecast to 2028", size is estimated at USD 12.5 billion in 2022 to USD 16.2 billion by 2028, at a CAGR of 4.4%, between 2023 and 2028. The rapid growth of the construction sector, growing urbanization, increasing disposable income, and increasing gross domestic product (GDP) drive the texture paint market. The texture paint market is divided into five key regions:Asia Pacific, Europe, North America, Europe, the Middle East & Africa, and South America. China and India, among other countries, are leading the texture paint market globally. ...... Read More |
May 24, 2023 |
Volumetric Video Industry worth $7.6 billion by 2028The report "Volumetric Video Market by Volumetric Capture (Hardware, Software, Service), Content Delivery, Application (Sports, Events & Entertainment, Medical, Education & Training, Signage & Advertisement) and Region - Global Forecast to 2028" The global volumetric video market is expected to be valued at USD 2.2 billion in 2023 and is projected to reach USD 7.6 billion by 2028; it is expected to grow at a CAGR of 28.6% from 2023 to 2028. The growth of the volumetric video market is propelled by using AR VR products in daily life, Companies adapting Volumetric solutions, and gaming. However, the implementation and studio setup is relatively expensive and are restraining factors for the growth of this market ...... Read More |
May 24, 2023 |
Biobanking Market worth $5.0 billion by 2028The report "Biobanking Market by Product & Service (Equipment, Consumable, Services, Software), Sample Type (Blood, Tissue, Nucleic Acids, Cell lines), Ownership, Application (Regenerative Medicine, Life Science, Clinical Research), End User - Global Forecast to 2028", is projected to reach USD 5.0 billion by 2028 from USD 2.9 billion in 2023, at a CAGR of 11.4% during the forecast period of 2023 to 2028. ...... Read More |
May 24, 2023 |
Tangential Flow Filtration Market worth $3.6 billion by 2028The report "Tangential Flow Filtration Market by Product (Systems, Membrane Filters), Material (PES, PVDF, PTFE), Technique (Ultrafiltration, Microfiltration), Application (Final Product Processing,Cell Separation), End User, Region - Global Forecast to 2028", is projected to reach USD 3.6 billion by 2028 from USD 1.9 billion in 2023, at a CAGR of 13.5% during the forecast period of 2023 to 2028. ...... Read More |
May 23, 2023 |
Microdisplay Industry worth $3.2 billion by 2028The report "Microdisplay Market by Product (HMDs, HUDs, Cameras/EVFs, Projectors), Technology (OLED, LCoS, LCD), Vertical (Consumer, Industrial & Enterprise, Automotive, Retail & Hospitality, Medical), Resolution and Brightness, and Region - Global Forecast to 2028" The global microdisplay market was valued at USD 1.1 billion in 2023 and is projected to reach USD 3.2 billion by 2028; registering a CAGR of 23.7% during the forecast period. The rise in demand for microdisplay is due to the deployment of display in several products. During the forecast period, the market will grow as a result of factors including compact size and technological advancements in microdisplays, increased adoption of HMDs across a number of industries, rising demand for OLED microdisplays, and rising global adoption of ADAS and HUDs. ...... Read More |
May 23, 2023 |
Denim Finishing Agents Market worth $1.9 billion by 2028The report "Denim Finishing Agents Market by Type (Softeners, Enzymes, Anti-back Staining Agents, Bleaching Agents, Resins, Neutralizing Agents, Dyes, Detergents), Denim Type (Raw, Cotton), Application (Garments, Non-Garments), and Region - Global Forecast to 2028", is estimated at USD 1.4 billion in 2023 and is projected to reach USD 1.9 billion by 2028, at a CAGR of 6.1% from 2023 to 2028. The increasing demand from emerging economies, technological developments in denim finishing, rising need for personalized denim, and rising demand for stylish & comfortable denim clothes are the main factors driving the market expansion for denim finishing agents. ...... Read More |
May 23, 2023 |
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