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Air Starter Market worth $559 million by 2029

According to a research report "Air Starter Market by Type (Vane Air Starter, Turbine Air Starter, Electric Air Starter), End User (Oil & Gas, Military & Aviation, Mining, Marine), & Region (North America, Europe, APAC, South America and Middle East & Africa) - Global Forecast to 2029" published by MarketsandMarkets, the global Air Starter Market is projected to reach USD 559 million by 2029 from an estimated USD 449 million in 2024, at a CAGR of 4.5% during the forecast period.

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August 12, 2024

Underfloor Heating Industry worth $7.6 billion by 2029

The report "Underfloor Heating Market by Type (Manifolds & Valves, Zone Valves, Heating Pipes, Wiring Centers, Zone Valves, Thermal Actuators, Heating Cales, Mats, Thermostats & Sensors), Offering, Installation Type (New, Retrofit), Region - Global Forecast to 2029" The global underfloor heating industry is expected to be valued at 5.3 billion in 2024 and is projected to reach 7.6 billion by 2029; it is expected to grow at a CAGR of 7.3 % from 2024 to 2029. The rising demand for underfloor heating systems can be attributed to increasing construction activities, particularly in North America and Europe, and government-led efforts to promote renewable energy technologies. The scope of the underfloor heating industry includes two popular product types, namely hydronic (wet) and electric (dry) system.

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August 12, 2024

AI Voice Generator Market worth $20.4 billion by 2030

According to a research report "AI Voice Generator Market by Technology (Deep Learning, Transformer Models, Generative Adversarial Networks (GANs), Autoencoder; Voice Translation, Voice Cloning, Text to Speech, Virtual Assistants, AI Music Generator) - Global Forecast to 2030" published by MarketsandMarkets, the market for AI voice generator is projected to grow significantly rising from USD 3.0 billion in 2024 to a significant USD 20.4 billion by 2030. A strong compound annual growth rate (CAGR) of 37. 1% is witnessed during the forecast period. A number of significant factors within the business environment are expected to propel the growth of the AI voice generator market. Innovations in natural language processing (NLP) and machine learning in particular have led to a notable increase in consumer interest in smart voice-activated devices and digital assistants. The growing need for accessibility features in digital content is also a major factor driving this markets upward trend.

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August 12, 2024

Foldable Display Industry worth $13.2 billion by 2029

The report "Foldable Display Market by Technology (OLED, Direct-view LED), Panel Size (Up to 20”, Above 20”), Application (Smartphones, Laptops and Tablets, Large Format Displays and Digital Signage), Material, Resolution, Type and Region - Global Forecast to 2029" The Foldable Display Industry is expected to reach USD 13.2 billion by 2029 from USD 4.6 billion in 2024, at a CAGR of 23.6% during the 2024–2029 period. The major factors driving the market growth of the Foldable Display market include rising adoption of smartphones application. Additionally, the ongoing technological advancements, and rising consumer demand for portable devices with compact designs provide growth opportunities to the foldable display market players.

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August 9, 2024

3D-Printed Drones Industry worth $1,891 million by 2029

The report "3D-Printed Drones Market by Component (Frames & Arms, Propellers, Landing Gears, Wing Structures, Mounts & Holders, Enclosures), Type (Fixed-wing, Rotary-wing, Hybrid), Platform, Application, Manufacturing Technique and Region - Global Forecast to 2029" The 3D-printed drones market is projected to grow from USD 707 million in 2024 to USD 1,891 million by 2029, at a CAGR of 21.8% from 2024 to 2029. The market growth can be attributed to the growing utilization of 3D printing technology for rapid prototyping and improved customization.

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August 9, 2024

IoT Security Market worth $56.2 billion by 2029

According to a research report "IoT Security Market By Solutions (IAM, Data Encryption and Tokenization, IDS/IPS, Device Authentication, Secure Communication Protocols, PKI Certificate Lifecycle Management, DDOS, Security Analytics, Virtual Firewall) - Global Forecast to 2029" published by MarketsandMarkets, the global IoT security market size is projected to grow from USD 24.2 billion in 2024 to USD 56.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 18.4% during the forecast period. Organizations face significant financial losses and reputational damage because of increasing cyberattacks on IoT devices. This has made the organizations aware and adopt robust security solutions to protect against threats like device hijacking, data theft, and supply chain intrusions.

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August 9, 2024

Biocides Market worth $12.3 billion by 2029

The report "Biocides Market by Type (Non-oxidizing Biocides, Oxidizing Biocides), Application (Water Treatment, Industrial & Institutional Cleaning and Home Care, Paints & Coatings, Wood Preservatives), and Region - Global Forecast to 2029", size was USD 9.7 billion in 2024 to USD 12.3 billion by 2029, at a CAGR of 4.9% from 2024 to 2029.

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August 9, 2024

Data Center Networking Market worth $64.2 billion by 2029

According to a research report "Data Center Networking Market by Hardware (Network Switches [Fixed, Modular], Routers), Fixed Switches (Managed, Unmanaged), Speed, Routers, Software (Network Management & Monitoring, NFV, Software-defined Networking) - Global Forecast to 2029" published by MarketsandMarkets, the data center networking market is expected to grow from USD 37.6 billion in 2024 to USD 64.2 billion by 2029, at a Compound Annual Growth Rate of 11.3% during the forecast period; this will increase the growth of the data center networking market during the forecast period through the rise in digitalization and automation of businesses.

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August 8, 2024

Gesture Recognition and Touchless Sensing Industry worth $62.2 billion by 2029

The report "Gesture Recognition and Touchless Sensing Market by Technology (Touch-based, Touchless), Touchless Sensing Product (Touchless Biometric Equipment, Touchless Sanitary Equipment), Gesture Recognition Type, Industry and Region - Global Forecast to 2029" The gesture recognition and touchless sensing market is projected to grow from USD 24.6 billion in 2024 to USD 62.2 billion by 2029; it is expected to grow at a CAGR of 20.4% during the forecast period. The increasing adoption of gesture recognition and touchless sensing in the consumer electronics and automotive industry, along with increasing government initiatives, is driving market growth. Furthermore, the rising demand for touchless biometric equipment and the growing usage of gesture recognition in the gaming industry are expected to create lucrative growth opportunities for the market during the forecast period.

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August 8, 2024

Microplastic Fillers Market worth $3.7 billion by 2029

The report "Microplastic Fillers Market by Type (Polyurethane, Polyethylene), Function (Rheology Modification, Fillers), Form (Powder, Fiber) End-Use Industry (Packaging, Cosmetics & Personal Care, Construction Materials), Region - Global Forecast to 2029", is projected to be USD 3.7 billion by 2029 from an estimated USD 3.2 billion in 2024, at a CAGR of 3.4% during the forecast period. The microplastic fillers market is driven by several key factors, including increasing global focus on sustainability, technological advancements, expanding applications, economic incentives, and growth in demand are the global trend towards lightweighting, most notably in the automotive and aerospace sectors.

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August 8, 2024

Textured Vegetable Protein Market worth $2.3 billion by 2029

According to a research report "Textured Vegetable Protein Market Report, by Type (Slices, Chunks, Flakes, and Granules), Application (Meat Alternatives, Cereals & Snacks), Nature (Organic and Conventional) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global textured vegetable protein market is estimated at USD 1.7 billion in 2024 and is projected to reach USD 2.3 billion by 2029, at a CAGR of 6.8% during the forecast period. The textured vegetable protein market is gaining momenum with the trend of shifting consumer preference towards health and green food. With the growing awareness about the health benefits associated with plant-based diets, so has grown the demand for textured vegetable proteins obtained from sources such as soy, wheat, and peas. These proteins are hale and versatile ingredients applied in huge quantities in meat alternatives, snacks, cereals, and other food applications. Advanced extrusion techniques and precision fermentation in food technology are used to enhance the texture, taste, and general nutritional value of TVP to make it more palatable for a wider population. Moreover, clean label trends and the development of allergen-free formulations are also fueling product innovation to align with the shifting dietary preferences. North America is already dominating this market, backed by the well-established food processing industry and enhanced interest from consumers in plant-based protein. However, regions like Asia Pacific are fast emerging in importance as growth markets because of rising disposable incomes and increasing urbanization. Overall, the textured vegetable protein market has wide scope to grow since this market goes in line with global trends moving toward sustainable and health nutrition.

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August 8, 2024

Suppository Packaging Market worth $428 million by 2029

The report "Suppository Packaging Market by Material (Aluminum/Pe, Pvc/Pe), Application (Nasal, Ear, Rectal, Vaginal, Urethral), And Region (North America, Europe, Apac, South America, Mea) - Global Forecast to 2029", is projected to reach USD 428 million by 2029, at a CAGR of 6.5% from USD 312 million in 2024.

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August 7, 2024

Offsite Data Center Power Infrastructure Market worth $35.4 billion by 2030

According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of USD 13.4 billion in 2024, at a Compounded Annual Growth Rate (CAGR) of 17.6% over the forecast period. There are several key factors that underline the importance of offsite data center power infrastructure market. There is a growing demand for efficient and sustainable data management solutions. The most important driver is the exponential increase in the data generation and consumption across various sectors. These sectors include BFSI, healthcare, and IT & Telecommunications. The need for robust and scalable data centers increases with the increase in the digital footprints of the organizations. This has propelled the demand for advanced power infrastructure solutions which ensure operational excellence.

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August 7, 2024

Biometric System Industry worth $84.5 billion by 2029

The report "Biometric System Market by Authentication Type (Fingerprint, Iris, Face, Voice, Vein, Signature, Multi-factor), Offering (Sensor, Camera, Reader & Scanner, Software), Type (Contact, Contactless, Hybrid), Mobility, Deployment – Global Forecast to 2029" The global biometric system industry is expected to be valued at USD 47.2 billion in 2024 and is projected to reach USD 84.5 billion by 2029; it is expected to grow at a CAGR of 12.3% from 2024 to 2029. Increasing integration of biometrics in consumer electronics is fuelling the growth of the biometric system market.

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August 7, 2024

IoT Market worth $153.2 billion by 2029

According to a research report "IoT Market by Offering (Platforms, Services), Focus Area (Smart Manufacturing, Smart Transportation/Mobility, Smart Healthcare, Smart Retail, Smart Cities, Smart building, Smart Energy & Utilities), Application - Global Forecast to 2029" published by MarketsandMarkets, the IoT market is expected to reach USD 153.2 billion by 2029 from USD 64.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period.

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August 7, 2024

Smart Home Industry worth $116.4 billion by 2029

The report "Smart Home Market by Product (Lighting Controls, Smart Speaker, Entertainment, Smart Kitchen, HVAC Controls, Security & Access Controls), Offering (Behavioral, Proactive), Sales Channel, Installation Type and Region - Global Forecast to 2029" The global smart home industry  was valued at USD 84.5 billion in 2024 and is projected to reach USD 116.4 billion by 2029; it is expected to register a CAGR of 6.6% during the forecast period. The growing need for energy-saving and low carbon emission-oriented solutions and concerns about safety, security, and convenience among general population is attributed to the demand for smart homes. Increasing number of internet users and growing adoption of smart devices, increasing disposable income of people in developing economies, increasing importance of home monitoring in remote locations, growing need for energy-saving and low carbon emission-oriented solutions,  and growing concerns about safety, security, and convenience among general population are attributed to the demand of smart home.

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August 6, 2024

Indoor Location Market worth $31.4 billion by 2029

According to a research report "Indoor Location Market Size, Share, Growth Analysis, By Offering (Hardware, Solutions, Services), Technology (BLE, UWB, Wi-Fi), Application, Vertical (Retail, Healthcare & Pharmaceuticals, Manufacturing) and Region - Global Forecast to 2029" published by MarketsandMarkets, the indoor location market is projected to grow from USD 11.9 billion in 2024 to USD 31.4 billion by 2029, at a CAGR of 21.4% during the forecast period. The need for indoor location solutions is predicted to grow due to the rising number of applications powered by BLE tags and beacons. The availability of the increasing number of mobile devices and the quickly developing market of indoor positioning systems including navigation and asset tracking services. Indoor location solutions are being embraced into the healthcare facilities for asset tracking and monitoring of patients as well as the staff, which positively impacts on the care delivered and the facilities productivity.

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August 6, 2024

Nanocellulose Market worth $3.4 billion by 2032

The report "Nanocellulose Market by Type (MFC & NFC, CNC/NCC), Raw Material (Wood, Non-wood), Application (Paper & Pulp, Composites, Paints & Coatings, Biomedical & Pharmaceuticals, Electronics & Sensors), and Region - Global Forecast to 2032", is projected to grow from USD 0.6 billion in 2024 to USD 3.4 billion by 2032, at a CAGR of 23.7% from 2024 to 2032. The major factors driving the nanocellulose market include increasing demand for sustainable products due to improvements in material science and rising private and government support for nanocellulose R&D in advanced nations.

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August 6, 2024

Integrated Visual Augmentation System Industry worth $1.7 billion by 2029

The report "Integrated Visual Augmentation System Industry by End-User (Air Force, Army, Navy), Product (Helmet Mounted Display, Night Vision Device), Technology (Augmented Reality, Virtual Reality, Mixed Reality), Application and Region - Global Forecast to 2029" The market is valued at USD 1.0 billion in 2024 and is projected to reach USD 1.7 billion by 2029, at a CAGR of 11.1% from 2024 to 2029.

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August 6, 2024

Flexible Elastomeric Foam Market worth $3.6 billion by 2029

The report "Flexible Elastomeric Foam Market by Function, Type (Natural Rubber, NBR/PVC, EPDM, Chloroprene), End-Use Industry (HVAC, Automotive & Transportation, Solar Installations, Refrigeration Systems), and Region - Global Forecast to 2029", is projected to grow from USD 2.8 billion in 2024 to USD 3.6 billion by 2029, at a CAGR of 4.8% during the forecast period. The flexible elastomeric foams offer thermal insulation, acoustic insulation, and moisture resistance due to which they are used in multiple sectors including automotive components, refrigeration systems, and HVAC systems. The rising awareness regarding sustainability and energy efficient solutions is expected to boost the flexible elastomeric foam market.

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August 5, 2024

Protective Relay Market worth $3.9 billion by 2030

According to a research report "Protective Relay Market by Voltage (Very high, High, Medium, Low), Technology (Digital and Numeric Relay, Electromechanical & Static Relay), End-user (Utilities, Industrial Sectors, Railways) Application and Region - Global Forecast to 2030" published by MarketsandMarkets, the global protective relay market is projected to reach USD 3.9 billion by 2030 from an estimated market size of USD 2.8 billion in 2024, at a CAGR of 5.7% during the forecast period. The driving factors for the protective relay market include the growing demand for electricity, the increasing use of renewable energy sources, and the need for advanced protection devices in electrical systems. The global electricity demand is expected to continue rising, driven by economic growth and urbanization. Additionally, the shift towards renewable energy sources such as solar and wind power is creating a significant demand for protective relays to ensure the safe and efficient operation of these systems. Furthermore, the development of smart grids and digital substations is also driving the market, as these systems require advanced protection relays to manage and protect the electrical infrastructure effectively.

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August 5, 2024

Wireless Audio Device Industry worth $70.9 billion by 2029

The report "Wireless Audio Device Market by Product (True Wireless Hearables/Earbuds, Headsets, Earphones), Technology (Bluetooth, Airplay, Wi-Fi), Application (Consumer, Home Audio, Automotive), Functionality (Smart, Non-smart) and Region - Global Forecast to 2029" The Wireless Audio Device Market is projected to reach from USD 56.5 billion in 2024 to USD 70.9 billion by 2029; it is expected to grow at a CAGR of 4.7% from 2024 to 2029. The upsurge is driven by rising demand for portable and high-quality audio solutions across multiple industries, such as personal entertainment, professional audio, and smart home applications.

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August 5, 2024

Parking Management Market worth $8.1 billion by 2029

According to a research report "Parking Management Market Size, Share, Growth Analysis, By Offering (Solutions (Parking Guidance, Parking Reservation Management) and Services), Parking Site (Off-Street and On-Street), End Use, and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the parking management market is expected to reach USD 8.1 billion by 2029 from USD 5.6 billion in 2024, at a CAGR of 7.4 % during 2024–2029.

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August 5, 2024

Augmented and Virtual Reality Industry worth $96.32 billion by 2029

The report "Augmented and Virtual Reality Market by Enterprise, Technology (Augmented Reality, Virtual Reality), Offering (Hardware, Software), Device Type (HMDs, HUDs, Gesture Tracking Devices), Application and Region - Global Forecast to 2029" , The Augmented and Virtual Reality Industry was valued at USD 22.12 billion in 2024 and is expected to reach USD $96.32 billion by 2029, at a CAGR of 34.2% during the 2024-2029 period.

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August 2, 2024

Software-defined Anything (SDx) Market worth $130.9 billion by 2029

According to a research report "Software-defined Anything (SDx) Market Size, Share, Growth Analysis, By Offering (Solutions, Services), End User (Service Providers, Enterprises), Application (Network Management, Unified Communications) and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the SDx Market size is projected to grow from from USD 44.5 billion in 2024 to USD 130.9 billion by 2029, at a CAGR of 24.1% during the forecast period. SDx technologies will result in lower capital and operating costs because of more efficient use of resources and the automation of many operations in the network. This efficiency makes SDx appealing to organizations that would like to reduce expenses without costly down-scales in capacities.

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August 2, 2024

Gelatin Market worth $5.6 billion by 2029

According to a research report "Gelatin Market by Source (Animal, Plants), By Applications (Food & Beverages, Pharmaceuticals, Health & Nutrition, Cosmetics, Personal Care, Animal Feed), Type (Type A, Type B), Function (Thickener, Stabilizer, Gelling Agent) - Global Forecast to 2029" published by MarketsandMarkets, the gelatin market is estimated at USD 4.0 billion in 2024 and is projected to reach USD 5.6 billion by 2029, at a CAGR of 6.9% from 2024 to 2029. The gelatin market has witnessed remarkable growth in recent years, driven by a confluence of factors, including rising consumer health consciousness and increasing demand for nutritive ingredients. This gelatin is extracted from plant sources and animal sources. The market expansion is bolstered by significant advancements in food technology, enabling the production of gelatin that is closely mixed with all the food & beverage applications thus broadening their appeal to a broader consumer base.

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August 2, 2024

Pharmaceutical Contract Manufacturing Industry worth $319.6 billion by 2029, with a CAGR of 9.7%

The report "Pharmaceutical Contract Manufacturing Market by Service (Drug Development, Pharmaceutical (API, FDF - Parenteral, Tablet, Capsule, Oral Liquid), Biologics (API, FDF), Packaging & Labelling, Fill-finish), End Users - Global Forecasts to 2029", is projected to reach USD 319.6 billion by 2029 from USD 200.9 billion in 2024, at a CAGR of 9.7% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market include increased investment in precision medicines, increasing demand of generic drugs, high-cost of in-house drug development, and increasing investment in advanced manufacturing technologies by contract manufacturers. Despite this, challenges associated with regulatory compliances are expected to hinder market growth.

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August 2, 2024

Unit Dose Packaging Market worth $43.8 billion by 2029

The report "Unit Dose Packaging Market by Form (Liquid, Solid, Powder, Gel), Material Type (Plastic, Glass, Paper, Aluminium), Product Type, End-use industry (Pharmaceuticals, Cosmetic & Personal Care, Nutraceuticals), and Region - Global Forecast to 2029", is projected to grow from USD 29.1 Billion in 2024 to USD 43.8 Billion by 2029, at a CAGR of 8.5% during the forecast period. Unit dosage packaging is gaining popularity due to its benefits of accurate dosing, enhanced product safety, and user convenience. Individually sealing items such as medications, nutraceuticals, and cosmetics in pre-measured quantities reduces dosage errors, preserves product integrity, and simplifies administration. Rising demand for correct pharmaceutical distribution, stringent regulatory standards, developments in packaging technology, and trends towards personalised medicine and effective inventory management are all major drivers of this expansion.

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August 2, 2024

Fintech as a Service (FaaS) Market worth $806.9 billion by 2029

According to a research report "Fintech as a Service (FaaS) Market Size Share, Growth Analysis by Type (Banking, Payment, Insurance, Investment), Technology (AI, Blockchain, RPA, API), Application, End User and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the Fintech as a Service market size is estimated to grow from USD 358.8 billion in 2024 to USD 806.9 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.6% during the forecast period. The key driver of FaaS is the growing demand for rising digital financial services, open banking operational initiatives, growing demand for streamlined compliances and regulatory solutions, scalability of cloud computing technologies in operations, and driving innovation of AI and blockchain.

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August 1, 2024

Data Center Liquid Cooling Market worth $21.3 billion by 2030

The report "Data Center Liquid Cooling Market by Component (Solution and Services), End User (Cloud Providers, Colocation Providers, Enterprises, and Hyperscale Data Centers), Data Center Type, Type of Cooling, Enterprise, and Region - Global Forecast to 2030", is projected to grow from USD 4.9 billion in 2024 to USD 21.3 billion by 2030, at a CAGR of 27.6% during the forecast period. The data center liquid cooling market has been increasing as a result of greater data center densities, as well as the need for energy efficiency and cost savings, improvements in cooling technology, and strict regulatory standards. Furthermore, a need for high-performance computer systems and state subsidies for energy-saving technologies also facilitate the adoption process.

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August 1, 2024

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