Press Release

Radiation Dose Management Market worth $654 million by 2028

The report "Radiation Dose Management Market by Offering (Product: Integrated, Standalone; Services), Modality (CT, Mammography, NM), Revenue Model (Pay-Per Procedure, Annual Purchase), Application (Oncology, Cardiology, Ortho), End User - Global Forecast to 2028", is projected to reach USD 654 million by 2028 from USD 343 million in 2023, at a CAGR of 13.8%.

• Published: January 2024

Collagen Industry worth $7.4 billion by 2030

According to a research report "Collagen Market by Product Type, Applications (Nutritional Products, Food & Beverages Products, Pharmaceuticals Products, Cosmetics & Personal care Products, textile), Source, Form, Type, Extraction process and Region - Global Forecast to 2030" published by MarketsandMarkets, the global collagen industry, valued at USD 5.1 Billion in 2023, showcases a remarkable growth projection, anticipated to escalate to USD 7.4 Billion by 2030, indicating a robust compound annual growth rate (CAGR) of 5.3% during the forecast period. The global demand for collagen is escalating due to a convergence of factors spanning health and wellness trends, an aging population seeking remedies for age-related concerns, the beauty and cosmetics industry's reliance on collagen for anti-aging products, and the integration of collagen into functional foods and beverages to cater to nutritional needs. Additionally, the sports nutrition sector is embracing collagen for its potential benefits in joint health and recovery. In medical and healthcare applications, collagen's role in wound healing and tissue engineering further contributes to its increasing prominence. The pursuit of sustainability has also spurred interest in alternative, plant-based collagen sources. Ongoing research and development efforts continue to uncover new applications, ensuring that the demand for collagen remains robust across diverse industries.

• Published: January 2024

High-speed Data Converter Industry worth $4.3 billion by 2028

The report "High-speed Data Converter Market by Type (Analog-to-digital Converter, and Digital-to-analog Converter), Frequency Band (<125 MSPS, 125 MSPS to 1 GSPS, and >1 GSPS), Application (Communications, Test & Measurement) and Region - Global Forecast to 2028" The high-speed data converter industry was valued at USD 3.0 billion in 2022 and is projected to reach USD 4.3 billion by 2028; it is expected to grow at a CAGR of 6.4% from 2023 to 2028. Factors accelerating the growth of the high-speed data converter market are the growing demand for high-resolution images in scientific and medical applications, rising demand for test & measurement (T&M) solutions by end users, and increasing adoption of technologically advanced data acquisition systems.

• Published: January 2024

Industrial Utility Communication Market worth $4.2 billion by 2028

The report "Industrial Utility Communication Market by Technology (Wired, Wireless), Component (Hardware, Software, Services), End-use Industry( Power Generation, , AC Transmission, Oil & Gas, Transportation), and Region - Global Forecast to 2028", industrial utility communication market is projected to reach USD 4.2 billion by 2028, at a CAGR of 6.0% from USD 3.1 billion in 2023.

• Published: January 2024

Aerospace Riveting Equipment Industry worth $134 million by 2028

The report "Aerospace Riveting Equipment Industry by End Use (OEM, MRO), Equipment Type (Pneumatic, Hydraulic, Electric), Mobility (Fixed, Portable), Technology (Automated, Manual), Rivet Type (Solid, Blind, Semi-tubular) and Region - Global Forecast to 2028" The Aerospace Riveting Equipment Industry is estimated to be USD 109 million in 2023 and is projected to reach USD 134 million by 2028, at a CAGR of 4.3 % from 2023 to 2028. The aerospace riveting equipment market is witnessing sustained growth driven by several key factors. As global air travel continues to rise, there is a concurrent increase in demand for new aircraft production, propelling the need for aerospace riveting solutions. Moreover, the expanding fleet of commercial and military aircraft contributes significantly to the market's growth, necessitating continuous maintenance, repair, and overhaul (MRO) activities. The industry's emphasis on lightweight materials for enhanced fuel efficiency further boosts the demand for riveting, which plays a vital role in assembling modern aircraft structures.

• Published: January 2024

Video Analytics Market worth $22.6 billion by 2028

According to a research report "Video Analytics Market by Offering, Application (Intrusion Management, Incident Detection, and Traffic Monitoring), Deployment Model, Type, Vertical (Critical Infrastructure, Government & Defense, and Manufacturing) and Region - Global Forecast to 2028" published by MarketsandMarkets, the video analytics market size is expected to grow from USD 8.3 billion in 2023 to USD 22.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period.

• Published: January 2024

Laminated Busbar Market worth $1,296 million by 2030

According to a research report "Laminated Busbar Market by Material (Copper, Aluminum) End-User (Utilities, Industrial, Commercial, Residential) Insulation Material (Epoxy Powder Coating, Polyester Film, PVF Film, Polyester Resin, Heat-Resistant Fiber) Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for laminated busbar is projected to reach approximately USD 1,296 million by the year 2030, as compared to the estimated value of USD 863 million in 2023, at a Compound Annual Growth Rate (CAGR) of 6.0% over the forecast period.

• Published: January 2024

3D Imaging Market worth $88.4 billion by 2028

According to a research report "3D Imaging Market by Hardware (3D Cameras, 3D Sensors, 3D Scanners), Software (Modeling, Scanning, Layout & Animation, Visualization & Rendering, Image Reconstruction), Technology (Stereoscopic Imaging, Laser-based Imaging) - Global Forecast to 2028" published by MarketsandMarkets, The global market for 3D Imaging market is projected to grow from USD 34.3 billion in 2023 to USD 88.4 billion by 2028, at a CAGR of 20.8% during the forecast period. The evolution of 3D imaging has transformed its capabilities, offering viewers an immersive, depth-enriched experience. Advancements such as 3D displays and image sensors have revolutionized it, providing high-resolution visuals. This advancement fuels the widespread adoption of 3D imaging technology across various industries. The 3D imaging market, ever-evolving, shows promising growth prospects. Anticipated expansion is driven by rapid adoption in the manufacturing, media, architecture, construction, and retail sectors. These advancements underscore the technology's increasing relevance, paving the way for its integration into diverse verticals and indicating a trajectory of substantial growth in the forthcoming years.

• Published: January 2024

Tissue Diagnostics Market worth $8.4 billion by 2028

The report "Tissue Diagnostics Market by Product (Consumables (Antibodies, Reagents, Tissue, Probes), Instrument (Processing System, Scanner)), Technology (ISH, IHC, Slide Staining), Disease Type (Breast Cancer, Lymphoma, Prostate Cancer) - Global Forecast to 2028", is projected to reach USD 8.4 billion by 2028 from USD 5.6 billion in 2023, at a CAGR of 8.4% during the forecast period. The tissue diagnostics market is driven by the growing healthcare expenditure, and growing demand for digital pathology are the major factors driving the growth of the market. Growth in emerging countries and development of condition specific biomarkers and tests are anticipated to offer lucrative growth opportunities for the tissue diagnostics market.

• Published: January 2024

Bakery Premixes Industry worth $544 million by 2028

According to a research report "Bakery Premixes Market by Type (Complete Mix, Dough-Base Mix, Dough Concentrates), Application (Bread Products, Bakery Products), and Region (North America, Europe, Asia Pacific, South America and RoW) - Global Forecast to 2028" published by MarketsandMarkets, the global bakery premixes industry, valued at USD 406 million in 2023, showcases a remarkable growth projection, anticipated to escalate to USD 544 million by 2028, indicating a robust compound annual growth rate (CAGR) of 6.0% during the forecast period. According to the Food and Agriculture Organization of the United Nations (FAO) report of 2019, bread and bakery products play a crucial role in improving nutrition or obtaining food security. Bread, often referred to as a "staple food," is a primary source of dietary energy while bakery products are rich in essential nutrients such as vitamins, minerals, and fiber, contributing to a well-balanced diet. Thus, premixes serve as a key ingredient, enabling the fortification of bread and other baked goods with vitamins and minerals, making them more nutritious. With the world's population expanding and an increasing desire for nutritious and easily accessible food, the bakery industry, fueled by advancements in premix technologies, is positioned for significant expansion. The active engagement with these emerging trends stands as a lucrative prospect for businesses, offering them an opportunity to contribute significantly to both public health and the enhancement of global food security.

• Published: January 2024

Defense Industry Outlook: Emerging Defense Opportunities in 2024

The report "Defense Industry Outlook: Emerging Defense Opportunities in 2024" The global military expenditure is estimated to be USD 2,012.1 billion in 2023 and is expected to reach USD 2,132.0 billion in 2024, growing at an annual rate of  2.7% from 2023 to 2024. Various regions around the world confront distinctive security challenges, including but not limited to territorial disputes, regional rivalries, and cross-border conflicts. In response to these concerns and to maintain regional stability, countries commit substantial portions of their financial resources to defense. For instance, in the Asia-Pacific region, the escalating military capabilities of China have compelled neighboring nations to fortify their defense capabilities and defense industry growth. Similarly, the Middle East contends with security threats emanating from terrorism, internal conflicts, and external aggression, prompting regional nations to allocate significant financial resources to safeguard their interests. The strategic allocation of defense budgets is also influenced by regional defense cooperation and alliances, as nations strive to bolster collective security and deter potential aggressors. These factors are anticipated to exert a considerable impact on defense industry analysis and budgeting in the forecast period.

• Published: January 2024

Europe Remotely Operated Vehicle Market worth $1.21 billion by 2030

The repot "Europe ROV Market By Size (Observation Class, Small, Work-Class), Application (Military & Defense, Oil & Gas, Environmental Protection & Monitoring, Oceanography, Archaeology & Exploration), System, Speed, Propulsion, and Country - Forecast To 2030", is projected to grow from USD 0.85 billion in 2025 to USD 1.21 billion by 2030 at a CAGR of 7.3%.

• Published: January 2024

Real-time Location Systems (RTLS) Market in Manufacturing & Automotive worth $2.94 billion by 2030

The report "Real-time Location Systems (RTLS) Market in Manufacturing & Automotive by Offering (Tags/Badges, Readers/Trackers/Access Points), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee), Application (Inventory Tracking, Personnel Tracking) - Forecast to 2030", is projected to grow from USD 1.19 billion in 2025 to USD 2.94 billion by 2030, at a CAGR of 19.9% from 2025 to 2030.

• Published: January 2024

Europe Testing, Inspection, and Certification (TIC) Market worth $64.81 billion by 2030

The report "Europe Testing, Inspection, and Certification (TIC) Market by Consumer Goods & Retail, Construction & Infrastructure, Medical & Life Sciences, Automotive, Aerospace, Testing, Inspection, Certification, In-house, Outsourced - Forecast to 2030", is projected to grow from USD 56.99 billion in 2025 to USD 64.81 billion by 2030, at a CAGR of 2.6% from 2025 to 2030.

• Published: January 2024

Europe Digital Twin Market worth $49.32 billion by 2030

The report "Europe Digital Twin Market by Application (Product Design & Development, Performance Monitoring, Predictive Maintenance, Inventory Management, Business Optimization), Industry (Automotive & Transportation, Infrastructure) - Global Forecast to 2030", is expected to grow to USD 49.32 billion by 2030 from USD 7.08 billion in 2025, with a CAGR of 47.4% from 2025 to 2030.

• Published: January 2024

Managed SIEM Services Industry worth $16.0 billion by 2028

According to a research report "Managed SIEM Services Market by Application (Log Management and Reporting, Threat Intelligence, Security Analytics), Type (Fully Managed, Co-Managed), Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global managed SIEM services market is estimated to be worth USD 7.5 billion in 2023 and is projected to reach USD 16.0 billion by 2028, at a CAGR of 16.3% during the forecast period.

The accelerated growth of the managed SIEM services industry is propelled by an amalgamation of factors, including the relentless evolution of cyber threats, the imperative for organizations to fortify their digital defenses, and the increasing complexity of IT infrastructures. This surge in demand is further intensified by a global shortage of skilled cybersecurity professionals, prompting businesses to turn to managed services for expert assistance. Additionally, the advent of technologies like artificial intelligence and machine learning in SIEM solutions drives the market forward, enhancing the efficiency of threat detection and response. Furthermore, the rise in remote work and the expanding attack surface due to the proliferation of connected devices contribute to the heightened need for proactive security measures; positioning managed SIEM services as a strategic imperative for organizations aiming to safeguard their digital assets in an ever-evolving threat landscape.

• Published: January 2024

Machine Condition Monitoring Industry worth $4.7 billion by 2029

According to the new market research report "Machine Condition Monitoring Market by Technique (Vibration Monitoring, Thermography, Oil Analysis, Ultrasound Emission), Offering (Vibration Sensors, Infrared Sensors, Spectrometers, Corrosion Probes, Spectrum Analyzers), Region - Global Forecast to 2029" The global machine condition monitoring industry size is expected to grow from USD 3.1 billion in 2024 to USD 4.7 billion by 2029, at a CAGR of 8.3% from 2024 to 2029. Cloud technology enables access to maintenance data anywhere in the world through devices such as personal computers, tablets, or smartphones. This data is available to any stakeholder with approved access, including third-party analysts, without requiring any additional expensive infrastructure. Cloud computing reduces operating costs and ensures easy data maintenance. It offers data flexibility and provides unlimited storage and secure networking options. Thus, the advent of cloud computing platforms with a significant focus on cyber security is expected to fuel the growth of the machine condition monitoring industry.

• Published: January 2024

Future of E-fuels Market worth $44.0 billion by 2035

According to a research report "Future of E-fuels Market by Renewable Source (Solar, Winds), Fuel Type (E-Methane, E-Kerosene, E-methanol, E-Ammonia, E-Gasoline), State (Gaseous, Liquid), End-Use Application (Transportation, Power Generation) & Region - Global Forecast to 2035" published by MarketsandMarkets, the global e-fuel demand is expected to grow to USD 44.0 billion by 2035, up from USD 4.9 billion in 2024, at a CAGR of 22.1 % during the forecast period. Demand for e-fuels is increasing due to their ability to reduce carbon emissions and ease energy storage difficulties. E-fuels, or synthetic fuels created from renewable energy, offer a solution to decarbonize industries that rely heavily on liquid fuels, such as transportation and aviation. They may store excess renewable energy and offer a carbon-neutral solution for difficult-to-electrify applications such as heavy-duty vehicles, shipping, and industrial operations. Because of their adaptability, e-fuels are an important component of efforts to reduce greenhouse gas emissions and transition to more sustainable energy solutions, supporting their growing demand in sectors seeking carbon neutrality and energy security.

• Published: December 2023

Artificial Intelligence in Cybersecurity Industry worth $60.6 billion by 2028

According to a research report "Artificial Intelligence in Cybersecurity Market by Security Type (Infrastructure (Network, Endpoint, Cloud), Data, Application), Technology (ML, Deep Learning (CNN, GAN), Context-Aware Computing), Application (IAM, DLP, and UTM) - Global Forecast to 2028" published by MarketsandMarkets, the global market for Al in Cybersecurity is projected to grow from USD 22.4 billion in 2023 to USD 60.6 billion by 2028, at a CAGR of 21.9% during the forecast period. The surge in artificial intelligence (AI) technologies like natural language processing (NLP) and machine learning (ML) is vital for enhancing cybersecurity. With an increase in cyberattacks on tech firms, defense, and government agencies, the demand for advanced AI solutions has grown. Cyber AI, particularly in behavioural biometrics, is crucial for proactive threat protection. ML algorithms are a top priority for industry players to strengthen security intelligence. The banking sector, facing rising privacy concerns, emphasizes the significance of AI-based cybersecurity. As cyber threats evolve, the market is expected to expand, especially driven by demand from small- and medium-sized enterprises (SMEs).

• Published: December 2023

Managed DNS Market worth $1.3 billion by 2028

According to a research report "Managed Domain Name System (DNS) Market by DNS Service, DNS Server (Primary Servers and Secondary Servers), Cloud Deployment, End User, Enterprise (BFSI, Retail & eCommerce, Media & Entertainment, Healthcare) and Region - Global Forecast to 2028" published by MarketsandMarkets, the managed DNS market size is projected to grow from USD 0.6 billion in 2023 to USD 1.3 billion by 2028, at a CAGR of 18.1% during the forecast period. The migration of applications and services to the cloud has led to increased demand for DNS solutions that seamlessly integrate with cloud environments. Managed DNS can provide the scalability and flexibility needed in cloud-based infrastructures.

• Published: December 2023

Wood-plastic Composites Market worth $11.9 billion by 2028

The report "Wood-plastic Composites Market by Type (Polyethylene, Polyvinylchloride, propylene), Application (Building & construction Products, Automotive Components, Industrial & Consumer Goods), & Region (North America, Europe, APAC, MEA) - Global Forecast to 2028", is estimated at USD 7.5 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 9.8% from 2023 to 2028. Wood-plastic composites are composite materials made of fine wood fibers or wood flour mixed with thermoplastics. Wood fibers or wood flour are mixed with thermoplastic such as polyethylene (PE), polyvinyl chloride (PVC), polypropylene (PP), along with the additives that include pigments, blowing agents, and lubricants, among others, that are processed to produce wood-plastic composites. Additives are used to provide physical and mechanical properties to the polymer matrix. In terms of finished products, wood-plastic composites appear in two forms; one is either pellets that can be used as a feedstock for extrusion or injection molding process, and another is as a wood-plastic composite lumber or timber. Wood-plastic products can also be produced from either new or recycled thermoplastics materials.

• Published: December 2023

Food Additives Industry worth $96.3 billion by 2028

According to a research report "Food Additives Market by Type (Emulsifiers, Hydrocolloids, Preservatives, Dietary Fibers, Enzymes, Sweeteners, Flavors), Source (Natural, Synthetic), Form, Application (Food, Beverages), Functionality and Region - Global Forecast to 2028" published by MarketsandMarkets, the Food additives market is projected to reach USD 96.3 billion by 2028 from USD 73.4 billion by 2023, at a CAGR of 5.6% during the forecast period in terms of value. The food additives market is experiencing growth due to increasing consumer demand for natural and clean-label products, the expansion of the food and beverage industry, and technological advancements in food processing.

• Published: December 2023

Military Transmit and Receive Module Industry worth $7.7 billion by 2028

The report "Military Transmit and Receive Module Market by Type (Gallium Nitride, Gallium Arsenide), Application, Frequency (Single-Band and Multi-Band), Communication Medium (Optical, RF and Hybrid), Platform and Region - Global Forecast to 2028" The Military transmit and receive module market size is projected to grow from USD 5.8 billion in 2023 to USD 7.7 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.

• Published: December 2023

Veterinary Imaging Market worth $2.9 billion by 2029

The report "Veterinary Imaging Market by Product (Ultrasound (2D, 3D, Doppler), CT, X-Ray, MRI; Contrast Reagent; Software), Modality (Stationary, Portable), Application (Ortho, OB/GYN, Cancer), Animal (Small, Large), End User (Clinic, Hospital) - Forecast to 2029", is valued at an estimated USD 1.9 billion in 2023 and is projected to reach USD 2.9 billion by 2029, at a CAGR of 7.2% during the forecast period.

• Published: December 2023

Dairy Processing Equipment Industry worth $14.4 billion by 2028

According to a research report "Dairy Processing Equipment Market by Type (Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators, Dryers, Membrane Filtration Equipment), Mode of Operation (Automatic and Semi-Automatic), Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the global dairy processing equipment industry, valued at USD 10.7 billion in 2023, showcases a significant growth projection, anticipated to reach to USD 14.4 billion by 2028, indicating a steady compound annual growth rate (CAGR) of 6.2% during the forecast period. The growth of the dairy processing equipment market is significantly influenced by the adoption of automation and Industry 4.0 technologies. Integrating automated systems enhances production efficiency, streamlines processes, and reduces labor costs, leading to increased overall productivity. The implementation of Industry 4.0 principles introduces smart manufacturing, data analytics, and real-time monitoring, further optimizing the dairy processing workflow. This technological evolution not only improves operational efficiency but also ensures consistent product quality, meeting the ever-growing demand for dairy products globally.

• Published: December 2023

Concrete Admixtures Market worth $25.9 billion by 2028

The report "Concrete Admixtures Market by Type (Superplasticizers, Normal Plasticizers, Accelerating Admixtures, Retarding Admixtures, Air-entraining Admixtures), Application (Residential, Commercial, Infrastructure), and Region - Global Forecast to 2028", size was USD 18.6 billion in 2023 and is projected to reach USD 25.9 billion by 2028, at a CAGR of 6.9%, between 2023 and 2028.

• Published: December 2023

Defense Cybersecurity Industry worth $49.4 billion by 2028

The report "Defense Cybersecurity Industry by Offering (Hardware, Software, and Services), Security (Network Security, Endpoint Security, Application Security, Cloud Security), End User (Army, Navy, Air Force), Application and Region - Global Forecast to 2028" The Defense Cybersecurity Industry is estimated to be USD 36.9 billion in 2023 and is projected to reach USD 49.4 billion by 2028, at a CAGR of 6.0% from 2023 to 2028. Defense cybersecurity refers to the comprehensive set of practices, technologies, and strategies implemented to protect military networks, systems, and sensitive information from cyber threats.In the realm of national security, where warfare has extended into the digital domain, defense cybersecurity plays a pivotal role in safeguarding critical infrastructure, military operations, and classified data. The advantages of a robust defense cybersecurity framework are manifold.

• Published: December 2023

Green Preservatives Market worth $1.5 billion by 2028

The report "Green Preservatives Market by Type (Natural preservative, Organic Acid, Essential Oil), End-use Industry (Food & beverage, Personal Care & Cosmetic, Industrial Cleaning, Household Cleaning, Pharmaceutical), and Region - Global Forecast to 2028", size was USD 1.1 billion in 2023 to USD 1.5 billion by 2028, at a CAGR of 7.1% from 2023 to 2028.

• Published: December 2023

Cable Blowing Equipment Industry worth $136 million by 2028

The report "Cable Blowing Equipment Market by Power Type (Hydraulically Powered, Pneumatically Powered, Electric, Drill-driven), Cable Type (Microduct, Normal Cable) and Region (North America, Europe, Asia Pacific & RoW) - Global Forecast to 2028" The cable blowing equipment industry size is projected to grow from USD  108 million in 2023 and is estimated to reach USD 136 million by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2028.

The growth of the cable blowing equipment industry is driven by expansion of fiber optic networks to connect data centers, upgrading aging cable networks with fiber optics networks, increasing penetration of FTTH/FTTB networks, emergence and rapid adoption of 5G technology, and expansion of telecommunications infrastructure in emerging economies.

• Published: December 2023

Clinical Alarm Management Market worth $5.4 billion by 2028

The report "Clinical Alarm Management Market by Product (Nurse Call Systems; Connectivity/Integration Software - EMR, Central Hubs, Notification/Alert; Ventilators, Patient Monitors, Capnography, Oximeter), Type (Centralized), End User - Global Forecast to 2028", is projected to reach USD 5.4 billion by 2028 from USD 2.7 billion in 2023, at a CAGR of 14.5% during the forecast period.

• Published: December 2023

Tissue Engineering Market worth $8.9 billion by 2028

The report "Tissue Engineering Market by Product (Scaffolds (Collagen, Stem Cell), Tissue Grafts (Allograft, Autograft, Xenograft)), Material (Biological, Synthetic), Application (Orthopedics, Dermatology, Wound Care, Cardiovascular) - Global Forecast to 2028", is projected to reach USD 8.9 billion by 2028 from an estimated USD 4.4 billion in 2023, at a CAGR of 15.3%  during the forecast period. The growing demand for innovative tissue engineering solutions for the treatment of chronic diseases and for repair and regeneration of tissues and technological developments such as 3D bioprinting is promoting the growth of the tissue engineering market.

• Published: December 2023

Marine Onboard Communication and Control Systems Industry worth $12.3 billion by 2028

The report "Marine Onboard Communication and Control Systems Industry by Type (Communication Systems, Control Systems), Platform (Commercial, Defense), End User (OEM, Aftermarket) and Region (North America, Europe, APAC, MEA, RoW) - Global Forecast to 2028" The Marine Onboard Communication and Control Systems market is valued at USD 8.6 billion in 2023 and is projected to reach USD 12.3 billion by 2028, at a CAGR of 7.3% from 2023 to 2028. The Marine Onboard Communication and Control Systems industry is driven by the increasing marine fleet of vessels due to the rise in seaborne trade and Marine tourism.

• Published: December 2023

Hosted PBX Industry worth $24.9 billion by 2028

According to a research report "Hosted PBX Market by Offering (Solution and Services), Application (Unified Communication & Collaboration, Mobility, Contact Center), Vertical (BFSI, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences) and Region - Global forecast to 2028" published by MarketsandMarkets, the hosted PBX market is estimated at USD 11.5 billion in 2023 to USD 24.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 16.8%. The integration of artificial intelligence (AI) features within hosted PBX systems has emerged as a pivotal driver fueling the growth of the market. hosted PBX providers have strategically incorporated AI functionalities, including virtual assistants, chatbots, and predictive analytics, to revolutionize communication efficiency and enhance the overall user experience. These AI-driven capabilities contribute significantly to the automation of routine tasks, streamlining communication processes and boosting operational efficiency for businesses. Virtual assistants and chatbots facilitate seamless interactions, enabling users to access information and perform tasks with greater ease. Predictive analytics, on the other hand, empowers businesses with data-driven insights into communication patterns, allowing for proactive decision-making. As organizations increasingly prioritize intelligent, automated solutions, the incorporation of AI within hosted PBX systems not only elevates the quality of communication services but also positions these solutions at the forefront of technological innovation, thereby driving the sustained expansion of the hosted PBX market.

• Published: December 2023

RF-Over-Fiber Industry worth $981 million by 2029

According to the new market research report "RF-Over-Fiber Market by Component (Optical Cables, Amplifiers, Transceivers, Switches, Antennas, Connectors, Multiplexers), Frequency Band (L, S, C, X, Ku, Ka), Deployment (Underground, Aerial, Underwater), Application, Vertical - Global Forecast to 2029" The global RF-over-Fiber market is expected to be valued at USD 670 million in 2024 and is projected to reach USD 981 million by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. The RF-over-fiber market is driven by increasing internet demand, rising fiber optic cable needs for higher bandwidth, and the expanding telecommunication industry.

• Published: December 2023

Drone Logistics and Transportation Industry worth $16.1 billion by 2030

The report "Drone Logistics and Transportation Market by Platform (Freight, Passenger, Ambulance Drones), Application (Logistics, Transportation), Solution (Hardware, Software, Infrastructure), User, Range, and Region - Global Forecast to 2030" The Drone Logistics And Transportation market is valued at USD 0.9 billion in 2023 and is projected to reach USD 16.1 billion by 2030, at a CAGR of 50.1% from 2023 to 2030. The drone logistics market is experiencing explosive growth, fueled by technological advancements, increasing demand for faster and more efficient delivery solutions, and a growing awareness of the potential benefits of drone technology. Drones are becoming more capable and reliable, with longer flight times, higher payload capacities, and improved autonomy. Drones emit significantly fewer greenhouse gases than traditional transportation vehicles, making them a more environmentally friendly option. With continued technological advancements, growing investments, and supportive regulatory frameworks, drone-based solutions are expected to become increasingly mainstream and transformative across various industries.

• Published: December 2023

Cartilage Repair/Cartilage Regeneration Market worth $2.8 billion by 2028

The report "Cartilage Repair/Cartilage Regeneration Market by Treatment Modalities (Cell-Based (Chondrocyte Transplantation, Stem Cells, Growth Factors), Non-Cell (Tissue Scaffolds)), Application (Hyaline, Fibrocartilage), Site, and Region - Global Forecast to 2028 ", is projected to reach USD 2.8 billion by 2028 from USD 1.3 billion in 2023, at a CAGR of 17.2% during the forecast period.  Growth in the Cartilage Repair/Cartilage Regeneration market is mainly driven by the increasing prevalence of sports and accident-related orthopedic injuries and the increasing number of osteoarthritis cases expected to offer growth opportunities for players operating in the Cartilage Repair/Cartilage Regeneration market during the forecast period. However, the High cost of cartilage repair surgeries and Unfavorable reimbursement scenarios are restricting the growth of this market.

• Published: December 2023

Ball Valves Industry worth $17.0 billion by 2028

The report "Ball Valves Market by Material (Cast Iron, Stainless Steel, Alloy-based, Brass, Bronze & Plastic), Type(Trunnion-mounted, Floating, Rising Stem), Size (<1”, 1”-5”, 6”-24”, 25”-50” & >50”), Industry (Oil & Gas, Chemicals) & Region - Global Forecast to 2028" The global Ball valves industry size is expected to grow from USD 13.6 billion in 2023 to USD 17.0 billion by 2028, registering a CAGR of 4.6%. The ball valves market has witnessed significant growth attributed to increased industrialization, amplified demands from the oil & gas sector, water treatment, and expanding global infrastructure projects. Technological advancements and a focus on efficient fluid control systems have propelled this expansion.

• Published: December 2023

Hydrogen Pipeline Market worth $25.7 billion by 2030

The report "Hydrogen Pipeline Market by Type (Mobile, Fixed), Hydrogen Form (Gas, Liquid), Pipeline Structure (Metal, Plastics & Composites), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2030", is projected to grow from USD 9.1 billion in 2023 to USD 25.7 billion by 2030, at a CAGR of 16.0% from 2023 to 2030. The hydrogen pipeline sector is rapidly evolving due to the growing usage of hydrogen in various industries, such as energy, transportation, and manufacturing, which is driving the demand for extensive pipeline networks. Hydrogen's versatility as a clean energy carrier contributes to the surge in infrastructure development.

• Published: December 2023

Shredder Blades Market worth $557 million by 2028

According to a research report "Shredder Blades Market by Shaft Count (Single shaft, Double shaft), Blade Design (Hook, Square), End User Industry (Waste Management & Recycling, Food Industry), Application (Plastic, Rubber, Metal, Wood, E-waste) & Region - Global Forecast to 2028" published by MarketsandMarkets, the Shredder blades market is projected to reach USD 557 million by 2028 from an estimated USD 431 million in 2023, at a CAGR of 5.3% during the forecast period.

• Published: December 2023

Mobile Application Security Testing Industry worth $3.2 billion by 2028

According to a research report "Mobile Application Security Testing Market by Offering, Operating System (iOS, Android), Deployment Mode (On-premises, Cloud), Organization Size, Vertical (BFSI, IT & Telecom, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global mobile application security testing (MAST) market is estimated to be worth USD 0.9 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 28.3% during the forecast period. The rapid pace of technological advancements and frequent software updates drive the MAST market. Mobile platforms, operating systems, and development frameworks undergo continuous changes and improvements. These updates may introduce new features, APIs, or security protocols, but they can also inadvertently introduce vulnerabilities or compatibility issues with existing applications. To maintain the security posture of mobile apps, organizations need to conduct regular security assessments to identify and address potential risks associated with the evolving technology landscape. This driver underscores the importance of adapting security testing strategies to keep pace with the latest developments, ensuring that mobile applications remain resilient and secure in the face of emerging technologies and software updates.

• Published: December 2023

Base Editing Industry Worth $549 million by 2028, with a CAGR of 15.2%

The report "Base Editing Market by Product (Platform, Reagents & Kits, Plasmids), Service (gRNA Design, Cell Line Engineering), Type, Targeted base (Cytosine, Adenine), Application (Drug Discovery, Agriculture, Veterinary), and Region - Global Forecast to 2028", is projected to reach USD 549 million by 2028 from an estimated USD 270 million in 2023, at a CAGR of 15.2% during the forecast period. Growing interest in gene editing technologies, including base editing, has attracted substantial funding and investment from both public and private sources. This financial support is crucial for research and development efforts, accelerating the commercialization of base editing technologies. However, ethical & safety concerns are the factors restraining market growth.

• Published: December 2023

Household Robots Industry worth $24.5 billion by 2028

The report "Household Robots Market by Offering, Type (Domestic, Entertainment & Leisure), Distribution Channel, Application (Vacuuming, Lawn Mowing, Companionship, Elderly and Handicap Assistance, Robot Toys and Hobby Systems) and Region - Global Forecast to 2028" The global household robots market size is projected to grow from USD 10.3 billion in 2023 to USD 24.5 billion by 2028;  it is expected to grow at a CAGR of  18.8% from 2023 to 2028. The growing adoption of household robots in household segments for applications like vacuuming, pool cleaning, and companionship, among others, is driving the market during the forecast period. For instance, Initially, robot vacuums were considered high-end gadgets. Over time, their prices have become more competitive, making them accessible to a broader consumer base. The availability of different price points and models has contributed to their popularity.

• Published: December 2023

Medical Foam Market worth $43.3 billion by 2028

The report "Medical Foam Market by Form (Flexible, Rigid, Spray), Material (Polymers, Latex, Metals), Application (Bedding & Cushioning, Medical Packaging, Medical Devices & Components, Prosthetics & Wound Care), and Region - Global Forecast to 2028", size is projected to grow from USD 33.0 billion in 2023 and reach USD 43.3 billion by 2028, at a CAGR of 5.6% from 2023 to 2028.   The expansion of this market can be credited to several factors, including the upward trend in the elderly population, the surge in worldwide healthcare spending, the advancement of implantable devices, and consumers transitioning from conventional to more sophisticated wound care solutions.

• Published: December 2023

Medical Device Connectivity Market worth $7.4 billion by 2028

The report "Medical Device Connectivity Market by Product & Services, Technology, Application (Vital Signs & Patient Monitors, Ventilators, Anesthesia Machines, Infusion Pumps, Imaging Systems, Respiratory devices), End User, and Region - Global Forecast to 2028 ", is projected to reach USD 7.4 billion by 2028 from USD 2.6 billion in 2023, at a CAGR of 21.5%.

• Published: December 2023

Sterile Medical Packaging Market worth $94.6 billion by 2028

The report "Sterile Medical Packaging Market by Material (Plastic, Metal, Paper & paperboard, Glass), Type (Thermoform trays, Sterile bottles & containers, Pre-fillable inhalers), Sterilization Method, Application, and Region - Global Forecast to 2028", is projected to grow from USD 57.5 billion in 2023 to USD 94.6 billion by 2028, at a CAGR of 10.5% from 2023 to 2028.

• Published: December 2023

Stem Cell Therapy Market worth $615 million by 2028

The report "Stem Cell Therapy Market by Type (Allogeneic, Autologous), Cell Source (Adipose Tissue, Bone Marrow, Placenta/Umbilical Cord), Therapeutic Application (Musculoskeletal, Wounds, Surgeries, Inflammatory, Autoimmune, Cardiovascular) - Global Forecast to 2028", is projected to reach USD 615 million by 2028 from USD 286 million in 2023, at a CAGR of 16.5% during the forecast period.

• Published: December 2023

Automotive Paints Market worth $9.9 billion by 2028

According to a research report "Automotive Paints Market by Type (E-coat, Primer, Basecoat, Clearcoat), Resin (PU, Epoxy, Acrylic), Technology (Solvent, Water, Powder), Paint Equipment (Airless, Electrostatic), Texture, Content, ICE & EVs, Refinish and Region - Global Forecast to 2028" published by MarketsandMarkets, the global automotive paints market is estimated to be USD 8.4 billion in 2023 and is projected to reach USD 9.9 billion by 2028, at a CAGR of 3.2% from 2023 to 2028.

• Published: December 2023

Global Cybersecurity Industry Outlook worth $208.8 billion by 2024

According to a research report "Global Cybersecurity Industry Outlook 2024 – A Look Ahead at the Cyber Landscape" published by MarketsandMarkets, the global cybersecurity industry market size is estimated to grow from USD 190.5 billion in 2023 to USD 208.8 billion by 2024, at a Y-o-Y increase of ~10%. Companies like Palo Alto Networks, Fortinet, Cisco, Checkpoint, etc., have contributed to this growth through innovation, diverse product offerings, and effective marketing strategies.

• Published: December 2023

Spin-on Carbon Market worth $0.81 billion by 2032

The report "Spin-on Carbon Market by Type (Hot-Temperature, Normal-Temperature), Application (Logic Devices, Memory Devices, Power Devices, MEMS, Photonics, Advanced Packaging), and End User (Foundries, IDMs & OSAT Vendors) – Global Forecast to 2032”, The Spin-on Carbon industry is projected to grow from USD 0.22 billion in 2026 and to reach USD 0.81 billion by 2032, at a Compound Annual Growth Rate (CAGR) of 24.1% during the forecast period. The spin-on carbon market is driven by the global expansion of wafer fabrication and OSAT capacity, particularly in Asia Pacific, North America, and Europe, and increasing consumption of process materials as new fabs and packaging lines ramp up volume production. Each new fab startup creates a recurring demand for SOC across multiple process layers, ensuring consistent material supply needs for advanced semiconductor manufacturing over the fab’s lifecycle.

• Published: December 2023

Immersion Cooling Fluids Market worth $3.2 billion by 2030

The report "Immersion Cooling Fluids Market by Type (Mineral Oil, Fluorocarbon-based Fluids, Synthetic Fluids), End Use (Transformers, Data Centers, EV Batteries, Solar PV), Technology (Single-Phase Cooling, Two-Phase Cooling) & Region - Global Forecast to 2030 ", is estimated to be USD 1.8 billion in 2023 and is projected to reach USD 3.2 billion by 2030, at a CAGR of 8.2% from 2023 to 2030. Immersion cooling fluids are becoming increasingly in demand due to advancements in technology, energy efficiency concerns, and the growing need for high-performance computer systems. In high-performance computing (HPC) applications, where there is a great demand for processing power, immersion cooling is frequently taken into consideration.

• Published: December 2023