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Home › Press Releases
Press Releases
Title | Date |
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5G Market in Aviation worth $3.9 billion by 2026The report "5G Market in Aviation by End Use (5G Infrastructure for Aircraft and Airport), Technology (eMBB, FWA, URLLC/MMTC), Communication Infrastructure (Small Cell, DAS), 5G Services (Aircraft Operations, Airport Operations), Region - Global Forecast to 2026", is estimated to be USD 0.5 billion in 2021 and is projected to reach USD 3.9 billion by 2026, at a CAGR of 52.7% from 2021 to 2026. The demand for 5G infrastructure and services has been growing due to the rising demand for better flight experience. Increasing demand for predictive, prescriptive, and condition-based maintenance through data shared by connected aircraft is also anticipated to propel the growth of 5G market in aviation over the forecast period. ...... Read More |
August 5, 2019 |
Oleoresins Market worth $1.7 billion by 2025The report "Oleoresins Market by Source (Paprika, Capsicum, Seed spices, Turmeric, Herbs, Ginger, Cinnamon & cassia), Application (Food & Beverages, Pharmaceutical & Nutraceutical, Personal Care Products, Feed), Extraction Process, and Region - Global Forecast to 2025" According to MarketsandMarkets, the oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% from 2019 to 2025. The rapidly growing demand for natural flavors in the food & beverage industry and the wide application of oleoresins in various other industries such as pharmaceuticals, personal care, and feed sectors are some of the key factors driving the growth of the market. ...... Read More |
August 5, 2019 |
Accounts Payable Automation Market worth $3.1 billion by 2024According to a research report"Accounts Payable Automation Market by Component (Solution and Services), Organization Size, Deployment Type, Vertical (Consumer Goods and Retail, BFSI, IT and Telecom, and Manufacturing), and Region - Global Forecast to 2024", published by MarketsandMarkets, is expected to grow from USD 1.9 billion in 2019 to USD 3.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. The increasing demand to reduce the number of delayed payments and improve the compliance rate with controlled user access and credentials leading to reduced fraudulent transactions are the major factors driving the growth of the AP automation market. ...... Read More |
August 5, 2019 |
Predictive Vehicle Technology Market worth $90.2 billion by 2027The report "Predictive Vehicle Technology Market by Application (Proactive alerts, Safety & Security), Hardware (ADAS component, OBD and Telematics), Deployment (On premise and Cloud), End User, Vehicle, and Region - Global Forecast to 2027" The global predictive vehicle technology market is projected to grow at a CAGR of 20.1% to reach USD 90.2 billion by 2027 from an estimated USD 20.8 billion in 2019. The major factors driving the growth of the market are the advent of machine learning and excessive usage of real-time data for various automotive applications, leveraging the use of predictive technology in automobiles. ...... Read More |
August 2, 2019 |
Geospatial Solutions Market worth $502.6 billion by 2024The report "Geospatial Solutions Market by Technology (Earth Observation, Scanning), Solution (Hardware, Software, Service), End-User (Utility, Business, Transportation, Defense & Intelligence, Infrastructural Development), Application, Region - Global Forecast to 2024" geospatial solutions market is projected to reach USD 502.6 billion by 2024 from an estimated USD 239.1 billion in 2019, at a CAGR of 13.2% during the forecast period. This growth can be attributed to factors such as integration of geospatial technology into mainstream technologies, advancements in geospatial solutions with the introduction of artificial intelligence and Big Data analytics, increasing use of location-based services, adoption of automation, cloud, and IoT technologies. ...... Read More |
August 2, 2019 |
Bioprocess Validation Market worth $ 360 million by 2024The report "Bioprocess Validation Market by Test Type (Extractables and Leachables, Integrity Testing, Microbiology Testing), Process Component (Filter Element, Bioreactors), End-User (CDMO, Biotechnology & Pharmaceutical Companies) - Global Forecast to 2024", is exceeded USD 180 million in 2019 and is projected to be valued over USD 360 million by 2024, at a CAGR of 14.6% during the forecast period. The stringent safety and quality regulations governing product certification and testing across the biopharmaceutical and pharmaceutical industries, high demand for the outsourcing of bioprocess validation services and rising R&D spending in the life science are some of the major factors that are expected to drive the growth of this market during the forecast period. Additionally, automation in bioprocess validation services and geographic expansions by market players are the upcoming trends in bioprocess validation, which also expected to support market growth in the coming years. ...... Read More |
August 1, 2019 |
Wax Emulsion Market worth $2.0 billion by 2024The report "Wax Emulsion Market by Material Base (Synthetic, Natural), Type (PE, PP, Paraffin, Carnauba), End-use Industry (Paints & Coatings, Adhesives & Sealants, Cosmetics, Textiles), Region (APAC, North America, Europe, MEA, SA) - Global Forecast to 2024" The global wax emulsions market is expected to reach USD 2.0 billion by 2024, at a CAGR of 4.9% from 2019 to 2024. A key driving factor for the growth of the wax emulsion market is a consequent rise in the demand for paints & coatings, adhesives & sealants, and cosmetics. ...... Read More |
August 1, 2019 |
Artificial Intelligence in Accounting Industry worth $4,791 million by 2024According to a research report "Artificial Intelligence in Accounting Market by Component, Deployment Mode, Technology, Enterprise Size, Application (Automated Bookkeeping, Fraud and Risk Management, and Invoice Classification and Approvals), and Region - Global Forecast to 2024", published by MarketsandMarkets, the Artificial Intelligence (AI) in accounting market is expected to grow from USD 666 million in 2019 to USD 4,791 million by 2024, at a Compound Annual Growth Rate (CAGR) of 48.4% during the forecast period. The major factors driving the growth of AI in accounting market include the growing need to automate accounting processes and the need for enhanced data-based advisory and decision making. ...... Read More |
July 31, 2019 |
Bike and Scooter Rental Market worth $10.1 billion by 2027The report "Bike and Scooter Rental Market by Service (Pay as you go and Subscription-based), Propulsion (Pedal, Electric, and Gasoline), Operational Model (Dockless and Station-based), Vehicle (Bike, Scooter), and Region - Global Forecast to 2027" The global bike and scooter rental market is projected to grow from USD 2.5 billion in 2019 to reach USD 10.1 billion by 2027, at a CAGR of 18.9%. The growth of the bike and scooter rental market is influenced by the rising demand for micro mobility and shift of consumer preference toward a more economical, convenient, and flexible mode of transport. ...... Read More |
July 31, 2019 |
Transmission Sales Market worth $18.7 billion by 2024The report "Transmission Sales Market by Type (Reciprocating, Rotary, Centrifugal, Axial Flow), Application (Artificial lift, Gas Processing Station, LNG & FPS, Storage & Facilities), Compression Media, End Users, and Region - Global Forecasts to 2024" The transmission sales market is expected to grow from an estimated market size of USD 15.2 billion in 2019 to USD 18.7 billion by 2024, registering a CAGR of 4.2% from 2019 to 2024. The transmission sales market is witnessing significant growth, which is driven by the growing shale gas production activities. ...... Read More |
July 30, 2019 |
Abrasion Resistant Coatings Market worth $11.1 billion by 2024The report "Abrasion Resistant Coatings Market by Type (Metal/Ceramic, Polymer), End-Use Industry (Oil & Gas, Marine, Power Generation, Transportation, Mining, Construction), Region (North America, APAC, Europe, MEA, South America) - Global Forecast to 2024" The abrasion-resistant coatings market is estimated to grow from USD 8.0 billion in 2019 and is projected to reach USD 11.1 billion by 2024, at a CAGR of 6.5% during the forecast period. The fast curing time and superior properties of abrasion resistant coatings are propelling the market. ...... Read More |
July 30, 2019 |
Vehicles for Disabled Market worth $6.3 billion by 2027The report "Vehicles for Disabled Market by Vehicle Type (Adaptive Four-Wheeler, Mobility Scooter), Manufacturer Type (OEM and Third-Party Customization), Entry Mechanism, Entry Configuration, Driving Option, Ownership, and Region - Global Forecast to 2027" The global vehicles for disabled market is projected to grow from USD 2.6 billion in 2019 to reach USD 6.3 billion by 2027, at a CAGR of 11.7%. ...... Read More |
July 29, 2019 |
Microlearning Market worth $2.7 billion by 2024According to a research report "Microlearning Market by Component (Solution and Services), Organization Size, Deployment Type, Industry (Retail, Manufacturing and Logistics, BFSI, Telecom and IT, Healthcare and Life Sciences), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global microlearning market size is expected to grow from USD 1.5 billion in 2019 to USD 2.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period. Increasing demand for training deskless and mobile workers across industries and growing need for skills-based and result-oriented training among enterprises are the major factors driving the growth of the microlearning market. ...... Read More |
July 29, 2019 |
Nanowire Battery Market worth $243 million by 2026According to the new market research report "Nanowire Battery Market by Material Type (Silicon, Germanium, Transition Metal Oxides, Gold), Industry (Consumer Electronics, Automotive, Aviation, Energy, Medical Devices), and Region (North America, Europe, APAC, RoW) – Global Forecast to 2026" , the nanowire battery market is estimated to reach USD 243 million by 2026 from USD 53 million in 2021, at a CAGR of 35.7% between 2021 and 2026. ...... Read More |
July 26, 2019 |
India Connected Car Market worth $32.5 billion by 2025The report "India Connected Car Market by Service/Application (Telematics, Ride Sharing, OTA Updates), Form Factor (Embedded, Tethered, and Integrated), Platform (Android Auto, CarPlay, MirrorLink), Connectivity (Cellular and DSRC), and Hardware - Forecast to 2025", MarketsandMarkets: The India connected car market is estimated to be USD 9.8 billion in 2019 and is projected to reach USD 32.5 billion by 2025, at a compound annual growth rate (CAGR) of 22.2% during the forecast period. Increase in government mandates supporting connected technology in vehicles and emergence of startups for developing and providing connected car features are the key drivers for the connected car market in India. ...... Read More |
July 26, 2019 |
Vision Processing Unit Market worth $3.2 billion by 2024The report "Vision Processing Unit Market End-Use Application (Smartphones, ADAS, Camera, Drones, AR/VR Products), Vertical (Consumer Electronics, Automotive, Security and Surveillance), Fabrication Process and Geography – Global Forecast to 2024", is estimated to grow from USD 1.3 billion in 2019 to USD 3.2 billion by 2024; it is expected to grow at a CAGR of 18.7%. The market is mainly driven by the increasing adoption of premium smartphones, growing adoption of edge AI, and rising demand for high-end computing capabilities for computers and machine vision. ...... Read More |
July 26, 2019 |
Weight Loss and Weight Management Market $303.81 billion by 2027The Weight Loss and Weight Management Market is estimated to reach USD 303.81 billion by 2027 from USD 175.94 billion in 2017, at a CAGR of 6.9%. The growth of this market is majorly attributed to the growing rate of obesity, increasing prevalence of lifestyle diseases, and increasing number of bariatric surgeries. ...... Read More |
July 26, 2019 |
Geotextile Market worth $9.4 billion by 2022The Geotextile Market size is estimated to be USD 5.8 billion in 2017 and is projected to reach USD 9.4 billion by 2022, at a CAGR of 10.2%. Superior properties, low cost, high demand in road construction, and growing infrastructure activities in emerging economies are the key factors driving the geotextile market globally. ...... Read More |
July 25, 2019 |
PEEK Market worth $664 million by 2021The PEEK Market is expected to grow from USD 490 million in 2016 to USD 664 million by 2021, at a compound annual growth rate (CAGR) of 6.3% during the forecast period. Among the key factors driving the market, the growing demand for lightweight and high-performance materials in various industries such as electrical & electronics, aerospace, automotive, oil & gas, and medical is the major one. ...... Read More |
July 25, 2019 |
Aseptic Packaging Market worth $66.5 billion by 2022The Aseptic Packaging Market is projected to grow from USD 39.6 billion in 2017 to USD 66.5 billion by 2022, at a CAGR of 10.89% during the forecast period. The aseptic packaging market is witnessing high growth, owing to the rise in demand for ready-to-eat food products. Increased urbanization and growth of the packaging industry have led to an increase in demand for aseptic packaging, particularly in the emerging economies of Asia Pacific and South America. ...... Read More |
July 25, 2019 |
Aerospace Adhesives & Sealants Market worth $1 billion by 2023The global Aerospace Adhesives & Sealants Market size is projected to reach USD 1 billion by 2023, at a CAGR of 5.4%. The aerospace adhesives & sealants market size is estimated to be USD 775 million in 2018. The high demand for lightweight and fuel-efficient next-generation aircraft is fueling the consumption of these adhesives and sealants. These products are used in the interior, exterior, and engine compartments of an aircraft. ...... Read More |
July 25, 2019 |
Cryotherapy Market worth $319 million by 2024The report "Cryotherapy Market by Product (Cryosurgery Devices, Localized Cryotherapy Devices, Cryosaunas), Application (Surgical Application, Pain Management, Health & Beauty), End User (Hospitals & Specialty Clinics, Spas) - Global Forecast to 2024", is expected to reach USD 319 million by 2024 from USD 206 million in 2019, at a CAGR of 9.1%. ...... Read More |
July 25, 2019 |
PVB Interlayers Market worth $4.4 billion, by 2024The report "PVB Interlayers Market by Type (Standard Polyvinyl Butyral and Structural Polyvinyl Butyral), End-use Industry (Automotive, Building & Construction, and Photovoltaic), Region (North America, Europe, APAC,RoW) - Global Forecast to 2024", The PVB interlayers market size is estimated to be USD 3.1 billion in 2019 and projected to reach USD 4.4 billion by 2024, at a CAGR of 7.3%. The growing demand for safety glass/laminated glass from the automotive, construction, and photovoltaic industries is expected to drive the market. ...... Read More |
July 25, 2019 |
Marine Lighting Market worth $495 million by 2027The report "Marine Lighting Market by Ship (Passenger, Commercial, Yachts), Technology (LED, Fluorescent, Halogen, Xenon), Application (Navigation, Dome, C&U, Reading, Docking, Safety, Decorative), Type (Functional, Decorative), and Region - Global Forecast to 2027" The marine lighting market size is projected to grow from USD 328 million in 2019 to USD 495 million by 2027, at a CAGR of 5.3% during the forecast period. The increasing demand for cruise & commercial ships in Asia Pacific and Europe is the primary driver impacting the marine lighting market. Maritime safety regulations have also played a significant role in increasing the demand for marine lighting. ...... Read More |
July 24, 2019 |
Virtual Mobile Infrastructure Market worth $173 million by 2024According to a research report "Virtual Mobile Infrastructure Market by Component (Platforms and Services), Deployment Type (Cloud and On-premises), Vertical (BFSI, Healthcare, Manufacturing, and Government), and Region (North America, Europe, APAC, and RoW) - Global Forecast to 2024", published by MarketsandMarkets, the Virtual Mobile Infrastructure (VMI) market is expected to grow from USD 113 million in 2019 to USD 173 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. The major factors driving the VMI market include increase in smartphone penetration and reduced hardware and operating cost using VMI. ...... Read More |
July 23, 2019 |
GaN Power Device Market worth $1.9 million by 2023The report "GaN Power Device Market by Device Type (Power, RF Power), Voltage Range, Application (Power Drives, Supply & Inverter, RF), Vertical (Telecommunications, Consumer, Automotive, Military, Defense, Aerospace), and Geography - Global Forecast to 2023", is projected to reach USD 1.9 million by 2023 at a CAGR of 29.1% from 2017 to 2023. The increasing adoption of GaN RF power devices in the military, defense, and aerospace verticals and the extensive bandgap property of GaN material are major factors fueling the growth of this market. ...... Read More |
July 23, 2019 |
Flexible Display Market worth $15.1 billion by 2022According to the market research report, "Flexible Display Market by Application (Smartphone, Smartwatch, Wearable, TV, Digital Signage, PC Monitor, E-reader, Electronic Shelf Label, and Automotive), Technology (OLED, Quantum Dots, LED, E-Paper), Panel Size, and Geography - Global Forecast to 2022", the market is projected to grow from USD 2.7 billion in 2016 to USD 15.1 billion by 2022, at a CAGR of 34.4% between 2017 and 2022. Growth of this market is driven majorly by a technological shift, the development of energy-efficient, attractive, high-specification products, and the rising demand for smartphones, smartwatches, wearables, televisions, PC monitors, and laptops. ...... Read More |
July 23, 2019 |
IoT Connectivity Market worth $8.9 billion by 2024According to a research report "IoT Connectivity Market by Component (Platform, Services), Organization Size, Application Areas (Building &Home Automation, Smart Energy & Utility, Smart Manufacturing, Connected Health, Smart Retail, Smart Transportation), Region - Global Forecast to 2024", MarketsandMarkets expects the IoT Connectivity market to grow from USD 3.8 billion in 2019 to USD 8.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.7% during the forecast period. Major factors expected to drive the growth of the IoT connectivity market include an increase in demand for connected devices; the need for reliable, secure, and high-speed network connectivity; and ability to integrate the standalone and non-standalone components of IoT ecosystem. ...... Read More |
July 22, 2019 |
Crop Oil Concentrates Market worth $254 million by 2025The report "Crop Oil Concentrates Market by Application (Herbicides, Insecticides, and Fungicides), Crop Type (Cereals & grains, Oilseeds & Pulses, and Fruits & Vegetables), Surfactant Concentration, and Region - Global Forecast to 2025" The crop oil concentrates market is projected to reach USD 254 million by 2025, from USD 199 million in 2019, recording a CAGR of 4.1% during the forecast period. Due to the increasing need for improving the efficiency of agrochemicals, the emergence of high surfactant oil concentrate (HSCOC), and growing adoption of herbicide-tolerant crops, the crop oil concentrates market is projected to witness significant growth during the forecast period. ...... Read More |
July 22, 2019 |
3D Projector Market worth $4.4 billion by 2024According to the new market research report "3D Projector Market by Technology (DLP, LCD, LCoS), Light Source (Laser, Metal Halide, Hybrid, LED), Brightness, Resolution, Application (Cinema, Education, Business, Events & Large Venues, Home Theater & Gaming) and Region - Global Forecast to 2024", the 3D projector market is estimated to grow from USD 3.1 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 7.1%. The adoption of 3D projectors in cinema halls and digitization in the education sector are the major driving factors of the market. Increasing use of 3D projectors for large venues and events and growing trend of adoption of laser projectors provide an opportunity for the market growth. ...... Read More |
July 22, 2019 |
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