Press Release

Digital Twin in Finance Market worth $0.5 billion by 2028

According to a research report "Digital Twin in Finance Market by Offering (Platforms & Solutions and Services), End-use Industry (BFSI (Banking, Financial Services, and Insurance), Manufacturing, Transportation & Logistics, Healthcare), Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the digital twin in finance market size is projected to grow from USD 0.1 billion in 2023 to USD 0.5 billion by 2028, at a CAGR of 34.8% during the forecast period. The growing adoption of industry 4.0 and need to test new market scenarios in real time to reduce risks will drive the growth of digital twin in financial market. In the banking sector, Industry 4.0 technologies have unlocked new dimensions. With Industry 4.0, new banking services and opportunities can be launched to improve business performance and end customer experiences.

• Published: April 2023

Robotaxi Market worth $45.7 billion by 2030

According to a research report "Robotaxi Market by Application (Goods and Passenger), Level of Autonomy (L4 and L5), Vehicle (Cars and Vans/Shuttles), Service (Rental and Station Based), Propulsion (Electric and Fuel Cell), Component and Region - Global Forecast to 2030" published by MarketsandMarkets, the global robotaxi market, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030.

• Published: April 2023

Diesel Engines Market worth $78.8 billion by 2028

According to a research report "Diesel Engines Market by Speed (Low, Medium, High), Power Rating (Below 0.5 MW, 0.5-1.0 MW, 1.1-2.0 MW, 2.1-5.0 MW, Above 5.0 MW), End User (Power Generation, Marine, Locomotive, Mining, Oil & Gas, Construction) & Region - Global Forecast to 2028" published by MarketsandMarkets, the global diesel engines market is projected to reach USD 78.8 billion by 2028 from USD 63.9 billion in 2023 at a CAGR of 4.3% during the forecast period. The market growth has been attributed to the growing demand for commercial vessels, which will anticipate maritime tourism, and will eventually drive the demand for diesel engines used in the marine industry.

• Published: April 2023

Defense Electronics Industry worth $213.2 billion by 2028

The report "Defense Electronics Industry by Vertical (Navigation, Communication, and Display (Avionics, Vetronics, Integrated Bridge Systems), C4ISR, Electronic Warfare, Radars, Optronics), Platform (Airborne, Marine, Land, Space) and Region - Global Forecast to 2028" The Defense electronics industry is estimated to be USD 166.7 billion in 2023 and is projected to reach USD 213.2 billion by 2028, at a CAGR of 5.1% during the forecast period. The increasing use of UAVs as drone jammers and growing need for new products of electronic warfare and C4ISR are driving the growth of the Defense electronics market. 

• Published: April 2023

Glass Mat Market worth $2.2 billion by 2028

The report "Glass Mat Market by Mat Type (Chopped Strand Mat, Continous Filament Mat), Binder Type (Emulsion, Powder), Manufacturing Process (Dry-Laid, Wet-Laid), End-Use Industry, Region (North America, APAC, Europe, Latin America, MEA) - Global Forecast to 2028", is projected to grow from USD 1.3 billion in 2022 to USD 2.2 billion by 2028, at a CAGR of 8.6% during the forecast period. Glass mat offers various useful properties such as low weight, high strength, durability, and corrosion resistant. These properties enable their use in various end-use industries such as construction & infrastructure, automotive & transportation, industrial applications, marine, sports & leisure goods, and others.

• Published: April 2023

Military Laser Systems Industry worth $7.5 billion by 2028

The report "Military Laser Systems Industry by Application (Weapons and Non-weapons), Technology (Solid-state Laser, Fiber Laser, Semiconductor Laser, Gas Laser, Liquid Laser, Free-electron Laser), Platform, End Use, Output Power - Global Forecast to 2028" The Military Laser Systems Industry is estimated to be USD 5.0 billion in 2023 and is projected to reach USD 7.5 billion by 2028, at a CAGR of 8.7% during the forecast period. The driving factor for the military Laser systems market is the significant investments in modern weapon systems by governments. Laser technology is widely used in military communication systems, directed energy weapon systems, and target designation and ranging system among other to enhance the military mission success rate by providing target whereabout, protecting army personnel, and countering and destroying the target.

• Published: April 2023

NLP in Finance Market worth $18.8 billion by 2028

According to a research report "NLP in Finance Market by Offering (Software, Services), Application (Customer Service and Support, Risk Management and Fraud Detection, Sentiment Analysis), Technology (Machine Learning, Deep Learning), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the NLP in Finance market is projected to grow from USD 5.5 billion in 2023 to USD 18.8 billion by 2028 at a compound annual growth rate (CAGR) of 27.6%. The NLP in Finance market is estimated to grow at a significant rate during the forecast period, owing to various business drivers like rise in content creation and creative applications, evolution in AI and Deep Learning, and innovation of cloud storage enabling easy access to data. Furthermore, the acceleration in the deployment of Large Language Models (LLMs) drives the market growth.

• Published: April 2023

Non-thermal Pasteurization Market worth $5.7 billion by 2028

According to a research report "Non-thermal Pasteurization Market by Technique (HPP, PEF, MVH, Ultrasonic, Irradiation, and Other Techniques), Form (Solid, Liquid), Application (Food, Beverage, and Pharmaceutical & Cosmetics) & Region - Global Forecast to 2028" published by MarketsandMarkets, the non-thermal pasteurization market is projected to reach USD 5.7 billion by 2028 from USD 2.3 billion by 2023, at a CAGR of 20.0% during the forecast period in terms of value. The growth in the usage of High-pressure Processing (HPP) toll processors presents an opportunity for the non-thermal pasteurization market, as more food manufacturers are outsourcing their HPP needs to these toll processors instead of investing in their HPP equipment. This trend is driven by several factors, including the high cost of HPP equipment, the need for specialized knowledge and expertise to operate the equipment, and the desire for flexibility and scalability in production.

• Published: April 2023

Antimicrobial Plastics Market worth $64.8 billion by 2028

The report "Antimicrobial Plastics Market by Additive (Inorganic, Organic), Type (Commodity Plastics, Engineering Plastics, High Performance Plastics), Application (Packaging, Automotive, Medical & Healthcare, Consumer Goods), & Region - Global Forecast to 2028", size was USD 41.7 billion in 2022 and is projected to reach USD 64.8 billion by 2028, at a CAGR of 7.7%, between 2023 and 2028.

• Published: April 2023

Food and Beverage Processing Equipment Market worth $84.9 billion by 2028

According to a research report "Food & Beverage Processing Equipment Market by Type (Processing, Pre-Processing), Application (Bakery & Confectionery, Meat & Poultry, Dairy, Alcoholic & Non Alcoholic Beverages), Mode of Operation, End Product Form and Region - Global Forecast to 2028" published by MarketsandMarkets, the food and beverage processing equipment market is estimated at USD 64.6 billion in 2023 and is projected to reach USD 84.9 billion by 2028, at a CAGR of 5.6% from 2022 to 2028. Food and beverage processing equipment plays a critical role in the food and beverage industry, ensuring that products are of high quality, safe, efficient, consistent, and preserved. The use of equipment helps to streamline the production process, reduce waste, and increase output, while also ensuring that the products meet strict quality and safety standards. The WWF EU reports that over 15% of food is lost during harvesting in farmland, and further spoilage occurring during transportation and storage. Processing food products is a crucial step in minimizing this waste and prolonging the shelf life of agricultural products. This has led to a surge in the demand for processed foods globally. Subsequently, the food and beverage processing equipment market is experiencing a significant expansion to meet this growing need. As the importance of food and beverage processing continues to evolve, the importance of food processing equipment will only continue to grow, enabling manufacturers to produce innovative and high-quality products that meet the changing demands of consumers.

• Published: April 2023

Insight Engines Market worth $5.6 billion by 2028

According to a research report "Insight Engines Market by Offering (Solutions and Services), Application (Search and Discovery, Knowledge Management, and Risk and Compliance Management), Technology, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for insight engines is projected to grow from 1.7 billion in 2023 to USD 5.6 billion by 2028, at a CAGR of 27.1% during the forecast period. With insight engines, businesses across the globe enbales to deliver a better customer experience by assuring ease of use, quick intelligence, and a broad scope of searches. They can use pre-existing databases to automatically generate insights, and make decisions based on information extracted from the data. In contrast to conventional search technologies, insight engines make information available to users in the appropriate context while using resource-efficient intelligent ways to find it.

• Published: April 2023

Turf Protection Market worth $8.1 billion by 2028

According to a research report "Turf Protection Market by Product (Pest protection, Stress protection & Scarification), Solution ( Chemical, Biological & Mechanical), Mode of Application ( Soil, Seed & Foliar), Application (Sports & Recreational), & Region - Global Forecast to 2028" published by MarketsandMarkets, the turf protection  market is projected to reach USD 8.1 billion by 2028 from USD 6.4 billion by 2023, at a CAGR of 4.9% during the forecast period in terms of value. The market for turf protection by solution is experiencing growth due to the increasing demand for biological products due to increase in environmental awareness.

• Published: April 2023

Aspherical Lens Industry worth $12.2 billion by 2028

The report "Aspherical Lens Market by Type (Glass Aspherical lens, Plastic Aspherical lens), Offering (Double Aspherical lens and Single Aspherical lens), Manufacturing Technology (Molding, Polishing & Grinding), Application and Region - Global Forecast to 2028" The aspherical lens industry is projected to grow from USD 9.0 billion in 2023 to USD 12.2 billion by 2028, registering a CAGR of 6.2% during the forecast period. The market growth is attributed to the Growing use of infrared aspherical lenses in security and surveillance cameras and rising demand for aspherical lenses for use in digital cameras. Furthermore, surging use of aspherical lenses in optical instruments and ophthalmic applications is expected to create lucrative opportunities for the market.

• Published: April 2023

Micromotor Market worth $68.3 billion by 2028

According to a research report "Micromotor Market by Application (Automotive, Medical Equipment System, Industrial Automation, Construction & Mining Equipment, Agriculture Equipment System), Type, Technology, Power Consumption & Region - Global Forecast to 2028" published by MarketsandMarkets, the micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. Micromotors have wide applications in automotives, medical equipment, agriculture equipment system, aircraft systems, industrial automation processes, etc. With the increase in demand for minituarization of components in automoives, medical devices, aerospace systems and and manufacturing operations, the market for micromotors is expected to rise in the coming years.

• Published: April 2023

Remote Power Panel Market worth $1.4 billion by 2028

According to a research report "Remote Power Panel Market by Type (Wall-mounted, Floor-standing), Application (Network Cabinets, Server Rooms, Data Centers (Cloud, Enterprise)) & Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2028" published by MarketsandMarkets, the global remote power panel market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 4.8% during the forecast period.

• Published: April 2023

AIoT Platforms Market worth $24.9 billion by 2028

According to a research report "AIoT Platforms Market by Offering (Solutions (Device Management, Application Management, Connectivity Management) and Services), Vertical (BFSI, Manufacturing, Healthcare and Retail) and Region - Global Forecast to 2028" published by MarketsandMarkets, the AIoT platforms market is estimated at USD 5.0 billion in 2023  and is projected to reach USD 24.9 billion by 2028, at a CAGR of 37.7% from 2023 to 2028. AIoT is gaining popularity in the healthcare sector. Wearable devices, such as smartwatches and fitness trackers, are increasingly being used to monitor patients’ health statuses and track their progress. These devices can collect data on everything, from heart rate and blood pressure to sleep patterns and physical activity, which can then be used by physicians to diagnose and treat a variety of health conditions.

• Published: April 2023

Raman Spectroscopy Industry worth $1.1 Billion by 2028

The report "Raman Spectroscopy Market by Type (Benchtop, Portable), Instrument (Microscopy, FT, Handheld & Portable), Sampling Technique (Surface-enhanced Raman Scattering, Tip-enhanced Raman Scattering), Application and Region - Global Forecast to 2028" The Raman Spectroscopy Industry Size is expected to reach USD 1.1 billion by 2028 from USD 0.8  billion in 2023, at a CAGR of 7.0% during the 2023–2028 period.

The major factors driving the market growth of the Raman spectroscopy industry include increased focus on drug development in healthcare sector, rise in adoption of Raman spectroscopy in clinical applications, growing awareness regarding food safety, etc.

• Published: April 2023

Sterile Filtration Market worth $15.3 billion by 2028

The report "Sterile Filtration Market by Product (Cartridge, Capsule Filter), Application (API, Vaccine, Antibody, Media, Formulation & Fill Finish), Membrane (PES, PVDF, PTFE), Pore Size, End User (Pharma & Biotech, F&B, CMO) - Global Forecast to 2028 ", is projected to reach USD 15.3 billion by 2028 from USD 8.9 billion in 2023, at a CAGR of 11.4% during the forecast period of 2023 to 2028.

• Published: April 2023

5G Device Testing Industry worth $1.7 billion by 2028

The report "5G Device Testing Market by Equipment Type (Oscilloscope, Signal Generator, Spectrum Analyzers, Network Analyzers), End User (IDMs & ODMs, Telecom Equipment Manufacturers) and Region - Global Forecast 2028" The global 5G device testing market size is expected to grow from USD 1.2 billion in 2023 to USD 1.7 billion by 2028, at a CAGR of 7.0%. There are significant opportunities in IDMs and ODMs due to the increasing adoption of smart phones and mobile devices.

• Published: April 2023

Healthcare Cybersecurity Market worth $35.3 billion by 2028

According to a research report "Healthcare Cybersecurity Market by Offering (Solutions and Services), Solution Type, Threat Type, Security Type, End Use Industry (Hospitals and Healthcare Facilities, Medical Device Manufacturers) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global healthcare cybersecurity market size is projected to grow from USD 18.2 billion in 2023 to USD 35.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. The major factors driving the market growth include the increase in cyberattacks and concerns related to security and privacy, the growing acceptance of IoT and connected devices, and the increasing adoption of cloud-based solutions in the healthcare sector.

• Published: April 2023

Organic Coagulant Market worth $2.9 billion by 2027

The report "Organic Coagulant Market by Type (Polyamine, Polydadmac), Application (Municipal Water Treatment, Industrial Water Treatment), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2027", is projected to reach USD 2.9 billion by 2027, at a CAGR of 8.1% from USD 2.0 billion in 2022.

• Published: April 2023

Electric Vehicle Adhesives Market worth $7.6 billion by 2027

The report "Electric Vehicle Adhesives Market by Application (Powertrain System, Optical Element, Sensors & Communication, Body Frame), Resin Type (Epoxy, Polyurethane, Silicone, Acrylic), Substrate, Form, Vehicle Type, and Region - Global Forecast 2027", size is estimated to be USD 1.4 billion in 2022 and is projected to reach USD 7.6 billion by 2027, at a CAGR of 39.4% between 2022 and 2027.

• Published: April 2023

Military Electro-Optics/Infrared (EO/IR) Systems Industry worth $9.5 billion by 2028

The report "Military Electro-Optics/Infrared (EO/IR) Systems Industry by Platform, Product Type, Component, Cooling Technology Sensor Technology, Imaging Technology (Hyperspectral, Multispectral), point of sale and Region - Global Forecast to 2028" The Military Electro-Optics/Infrared (EO/IR) Systems Industry is estimated to be USD 7.8 billion in 2023 and is projected to reach USD 9.5 billion by 2028, at a CAGR of 4.0% during the forecast period. The driving factor for the EO/IR (Electro-Optical/Infrared) system market is the increasing demand for these systems in various applications such as military and defense, surveillance and security, aerospace and aviation, and others. EO/IR systems are used for gathering information from the visible, infrared, and ultraviolet parts of the electromagnetic spectrum, and they are widely used for target acquisition, tracking, and identification.

• Published: April 2023

Food Emulsifiers Market worth $4.6 billion by 2028

According to a research report "Food Emulsifiers Market by Type (Mono and di-glycerides and their derivatives, Lecithin, Sorbitan esters, Polyglycerol esters, and Stearoyl lactylates), Source (Plant, Animal), Function, Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the global food emulsifiers market is estimated to be valued at USD 3.6 billion in 2023. It is projected to reach USD 4.6 billion by 2028, recording a CAGR of 4.9% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global food emulsifiers market. In terms of value sales, this would be strong enough to significantly influence the market during the predicted period. The rise in consumption of convenience foods and bakery products, changing lifestyles, and consumption patterns drive the demand in the food emulsifiers market.

• Published: April 2023

Septic Tanks Market worth $5.5 billion in 2027

The report "Septic Tanks Market by Material (Precast Concrete, Polymer, Fiberglass), Type (Chambered, Conventional, Drip Distribution), Size (<1000, 1000-5000, 5000-10000, <10000 Liters), Application (Residential, Commercial, Industrial), Region - Global Forecast 2027", is expected to grow at a CAGR of 3.5% during the forecast period, from an estimated USD 4.6 billion in 2022 to USD 5.5 billion in 2027. The flexibility of septic tanks market to be used in various applications is pushing the market. Growing adoption of septic in rural areas.

• Published: April 2023

Lignosulfonates Market worth $1.4 billion by 2027

The report "Lignosulfonates Market by Product (Sodium Lignosulfonate, Calcium Lignosulfonate, Magnesium Lignosulfonate), Application (Oil Well Additives, Concrete Additives, Animal Feed Binders, Dust Control), and Region - Global Forecast to 2027" global lignosulfonates market is expected to grow from USD 1.2 billion in 2022 to 1.4 billion by 2027, at a CAGR of 3.6%. The major factors driving the lignosulfonates market include growth of major applications such as concrete binders, oil well additives animal feed binders, among others. Furthermore, rising infrastructural activities in different regions drive the market growth.

• Published: April 2023

Marine Actuators and Valves Industry worth $3.6 Billion by 2027

The report "Marine Actuators and Valves Industry by Platform (Commercial, Defense, Unmanned), Sales Channel (OEM, Aftermarket), Product (Actuator and Valve type), Design Characteristics, Material, Application, Component and Region - Global Forecast to 2027" The Marine Actuators and Valves Industry size is projected to grow from USD 2.8 Billion in 2022 to USD 3.6 Billion by 2027, at a CAGR of 5.3% from 2022 to 2027. The anticipated growth in seaborne trade and growing commercial and naval fleets worldwide is driving market expansion.

• Published: April 2023

Transplant Diagnostics Industry worth $6.8 billion by 2028, with a CAGR of 7.4%

The report "Transplant Diagnostics Market by Technology (PCR, NGS, Sanger Sequencing), Product(Instrument, Reagent, Software), Application(HLA, Blood Profile, Pathogen Detection), Type (Heart, Kidney, Liver, Bone Marrow), End User, & Region - Global Forecasts to 2028", is projected to reach USD 6.8 billion by 2028 from USD 4.4 billion in 2022, at a CAGR of 7.4% during the forecast period. Organ transplants have gradually improved over the past 20 years and typically produce excellent results in children and young adults. However, the proportion of elderly transplant patients with comorbidities is increasing, posing a greater challenge. When compared to dialysis, renal transplants increase patient survival, and patients with liver, heart, or lung diseases that are incurable must receive life-saving transplants. The activity of solid organ transplant programmes has been steadily increasing, but it still falls short of global needs and varies greatly between nations. Transplanting solid organs is crucial for advanced and established medical systems.

• Published: April 2023

Food Preservatives Market worth $3.9 billion by 2028

According to a research report "Food Preservatives Market by Type (Synthetic Preservatives and Natural Preservatives), Function (Antimicrobials, Antioxidants), Application, and Region ( North America, Europe, Asia-Pacific, Middle -East Africa) - Global Forecast to 2028" published by MarketsandMarkets, the global food preservatives market is estimated to be valued at USD 3.4 billion in 2023. It is projected to reach USD 3.9 billion by 2028, recording a CAGR of 3.0% during the forecast period. Some macroeconomic and microeconomic factors that have been prevalent in some important countries have had an impact on the global food preservatives market. In terms of value sales, this would be strong enough to significantly influence the market during the forecasted period. Growing demand for food products with extended shelf life, increasing preference for convenient processed food, and global rise in the demand for meat are some of the major factors expected to drive the demand for food preservatives.

• Published: April 2023

Electrophoresis Market worth $4.1 billion by 2028

The report "Electrophoresis Market by Product (Reagents (Protein & Nucleic Acid), (Gel Electrophoresis (1D & 2D), Capillary Electrophoresis (CZE, CGE), GDS, Software), Application (Research, Diagnostics), End User (Hospitals) & Region - Global Forecast to 2028", is projected to reach USD 4.1 billion by 2028 from USD 3.1 billion in 2023, at a CAGR of 5.7% during the forecast period. The growth of this market is majorly driven by riding funding for proteomics & genomics research, and growing use of NGS and declining cost of DNA sequencing. Furthermore, growing prominence of nanoproteomics is expected to drive the growth of electrophoresis market.

• Published: April 2023

Carbon Offset/Carbon Credit Market worth $1,602.7 billion by 2028

According to a research report "Carbon Offset/Carbon Credit Market by Type (Voluntary Market, Compliance Market), Project Type (Avoidance/Reduction Projects, Removal/Sequestration Projects (Nature-based, Technology-based)), End-User and Region - Global Forecast to 2028" published by MarketsandMarkets, the global carbon offset/carbon credit market is projected to reach USD 1,602.7 billion by 2028 from an estimated USD 414.8 billion in 2023, at a CAGR of 31.0% during the forecast period. The carbon offset/carbon credit market growth has been attributed to the rising global warming and the need to remove the carbon from the atmosphere. The market is driven by factors such as growing compliance requirements and regulatory schemes across the regions.

• Published: April 2023

Mining Software Market worth $14.9 billion by 2028

According to a research report "Mining Software Market by Component, Mining Type (Surface, Underground), Application (Exploration, Discovery/Assessment, Development, Production Operations, Reclamation/Closure), Deployment Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the mining software market size is projected to grow from USD  10.1  billion in 2023 to USD  14.9  billion by 2028, at a CAGR of 8.1% during the forecast period. Mining software is a technological solution used in the mining industry to manage the entire process. It includes various software solutions like geological modeling and mine planning, resource estimation, production planning and scheduling, fleet management, and asset maintenance. The mining software market is expected to grow significantly in the coming years, owing to the increasing demand for automation and digitalization in the industry.

• Published: April 2023

NVH Testing Industry worth $3.0 billion by 2028

The report "NVH Testing Market by Application (Impact Hammer Testing and Powertrain NVH Testing, Sound Intensity Measurement and Sound Quality Testing, Product Vibration Testing), Type (Hardware, Software), Vertical and Region - Global Forecast to 2028" The NVH testing industry size is expected to reach USD 3.0 billion by 2028 from USD 2.2  billion in 2023, at a CAGR of 6.3% during the 2023–2028 period. The major factors driving the market growth of the NVH testing industry include stringent government regulations to reduce noise pollution, the growing need for NVH testing in the automotive vertical, and the growing adoption of automated condition monitoring solutions for smart factories.

• Published: April 2023

Biofertilizers Market worth $5.2 billion by 2028

According to a research report "Biofertilizers Market by Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potassium Solubilizing & Mobilizing), Mode of Application (Soil Treatment, Seed Treatment), Form, Crop Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the biofertilizers market is estimated at USD 3.1 billion in 2023 and is projected to reach USD 5.2 billion by 2028, at a CAGR of 10.9% from 2023 to 2028. The market was valued to be 2.8 billion in 2022. Due to the rise in the modern agriculture techniques, precision farming and protected agriculture the global biofertilizers market is projected to grow at robust growth rate. Increasing demand for packaged organic and sustainably sourced food products, especially in urban areas, is further fueling the growth of the market.

• Published: April 2023

AI in Project Management Market worth $5.7 billion by 2028

According to a research report "AI in Project Management Market by Component (Solution (Robotic Process Automation, Chatbots & Intelligent Virtual Assistants, Others), Service), Application, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for AI in project management is projected to grow from USD 2.5 billion in 2023 to USD 5.7 billion by 2028, at a CAGR of 17.3% during the forecast period. Artificial intelligence (AI) already significantly impacts how people live their lives, and it will only get stronger. As AI advances, technology is being leveraged to increase productivity in business and industry. Project management is being significantly impacted by AI.

• Published: April 2023

Utility Markers Industry worth $471 million by 2028

The report "Utility Markers Market by Type (Ball Markers, Disk Markers, Tape Markers, Spike Markers), Configuration (Passive, Programmable), Utility Type (Gas, Power, Telecommunications, Water & Wastewater) and Region - Global Forecast to 2028" The global utility markers industry size is projected to grow from USD 341 million in 2023 to USD 471 million by 2028, at a CAGR of 6.7% during the forecast period. Utility markers are able to provide the exact location of the utility buried underground. These markers are placed with the ducts, cables, and pipelines underground, which convey the exact physical characteristics of underground utilities to the utility locators. The markers are independent of power supply and have a lifetime of around 30-50 years depending on the manufacturer and market type.

• Published: April 2023

Healthcare Interoperability Solutions Industry worth $6.2 billion by 2027, with a CAGR of 12.9%

The report "Healthcare Interoperability Solutions Market by Type (Software (EHR, Lab System, Imaging, Health Information Exchange, Enterprises), and Services), Interoperability Level (Foundational, Structural, Semantic), End User, and Region - Global Forecast to 2027", is projected to reach reach USD 6.2 billion by 2027 from USD 3.4 billion in 2022, at a CAGR of 12.9% during the forecast period. Growth in this market is driven by the increasing demand for efficient and cost-effictive healthcare delivery,  government initiatives towards improving the healthcare interoperability. However, the lack of true interoperability among electric systems, financial burden and technical difficulties in building and operations are some factors restraining the growth of the healthcare interoperability solutions market to a certain extent during the forecast period. The base year considered for the study is 2021, while, the forecast period is 2022 to 2027.

• Published: April 2023

Digital Evidence Management Market worth $13.6 billion by 2028

According to a research report "Digital Evidence Management Market by Component (Software, Hardware, & Services), Software (Evidence Collection, Storage & Sharing, Evidence Analytics & Visualization, Evidence Security), Service, Deployment Mode, End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the digital evidence management market size is estimated at USD 7.7 billion in 2023 and is projected to reach USD 13.6 billion by 2028, at a CAGR of 12.1% from 2023 to 2028. Factors such as the increasing volume of digital evidence positively drive the growth of the digital evidence management market. Furthermore, government initiatives for digital evidence management also contribute to market growth.

• Published: April 2023

Thermoplastic Polyurethane (TPU) Market worth $4.6 billion by 2027

The report "Thermoplastic Polyurethane (TPU) Market Raw Material (Diisocyanates, Polyols, Diols), Type (Polyester, Polyether, Polycaprolactone), End-Use Industry (Footwear, Industrial, Machinery, Automotive, Electronics, Medical), and Region - Global Forecast to 2027", is projected to reach USD 4.6 billion by 2027, at a CAGR of 7.1% from USD 3.2 billion in 2022.

• Published: March 2023

Cloud Professional Services Market worth $55.3 billion by 2028

According to a research report "Cloud Professional Services Market by Service Type (Consulting, Application Development & Modernization), Service Model (SaaS, PaaS, IaaS), Deployment Model (Public and Private), Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Cloud Professional Services market is projected to grow from USD 25.6 billion in 2023 to USD 55.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 16.6% during the forecast period. The growth of the Cloud Professional Services market can be attributed to the growing focus of enterprises on improving customer experiences. Moreover, the growing adoption of remote working models with the outbreak of COVID-19 fuels the growth of the market.

• Published: March 2023

DevOps Market worth $25.5 billion by 2028

According to a research report "DevOps Market by Type (Solutions and Services), Cloud Deployment Model (Public and Private), Organization Size (SMEs and Large Enterprises), Verticals (Telecommunications, IT & ITES, and BFSI) and Region - Global Forecast to 2028" published by MarketsandMarkets, the DevOps market size is expected to grow from USD 10.4 billion in 2023 to USD 25.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. DevOps could be the only practical method to deal with diverse ecosystems efficiently since modern enterprise applications are ripe with complexity that keeps increasing due to the usage of numerous technologies, many databases, and various end-user devices. DevOps technologies can help in the four areas of culture, automation, measurement, and sharing (CAMS), which some people divide into four categories. These technologies can improve the efficiency and collaboration of development and operations workflows by automating formerly laborious, manual, or static procedures involved in integration, development, testing, deployment, or monitoring.

• Published: March 2023

Military Non-Steerable Antenna Industry worth $739 million by 2028

The report "Military Non-Steerable Antenna Industry by Platform (Ground, Airborne, Marine), Product (Blade, Patch, Whip, Conformal, Rubbery Ducky, Loop), Application, Frequency (HF, VHF, UHF, EHF, SHF, Multiband), Point of Sale and Region - Forecast to 2028" The military non-steerable antenna industry is projected to reach USD 739 million by 2028, from USD 529 million in 2023, at a CAGR of 6.9%.

• Published: March 2023

Biomass Power Generation Market worth $105.7 billion by 2028

According to a research report "Biomass Power Generation Market by Technology (Combustion, Gasification, Anaerobic Digestion, Pyrolysis), Feedstock (Agricultural Waste, Forest Waste, Animal Waste, Municipal Waste), Fuel (Solid, Liquid, Gaseous) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global biomass power generation market is projected to reach USD 105.7 billion by 2028 from an estimated USD 91.3 billion in 2023, at a CAGR of 3.0% during the forecast period.

• Published: March 2023

Vitamins Market worth $8.9 billion by 2028

According to a research report "Vitamins Market by Type (Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, & Vitamin K), Application (Healthcare Products, Food & Beverages, Feed, and Personal Care Products), Source (Synthetic and Natural) and Region - Global Forecast to 2028" published by MarketsandMarkets, the vitamins market is estimated at USD 6.7 billion in 2023 and is projected to reach USD 8.9 billion in 2028, at a CAGR of 6.0% from 2023 to 2028. Vitamins are intended to be used as a supplement along with a daily diet to curb the increasing vitamin deficiencies. It can be used as a preventive measure to curb several lifestyle diseases. Factors contributing to the rising demand for vitamins in the market are changing food habits, hectic lifestyles, more consumption of nutrition less fast foods, etc. Additionally, the growing geriatric and infant population globally demands more nutritionally enriched and fortified food.

• Published: March 2023

Polyurethane Sealants Market worth $3.3 billion by 2027

The report "Polyurethane Sealants Market by Type (One-Component and Two-Component), End-Use Industry (Building and Construction, Automotive, General Industrial, Marine), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2027", size is estimated at USD 2.7 billion in 2022 to USD 3.3 billion by 2027, at a CAGR of 4.1%, between 2022 and 2027. The rapid growth of the housing & construction sector, increasing gross domestic product (GDP), growing urbanization, and increasing disposable income drive the polyurethane sealants market. Technological advancements in end-use industries such as automotive, general industrial, marine, and others also support growth. The polyurethane sealants market is divided into five key regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America. China and India, among other countries, are leading the polyurethane sealants market globally.

• Published: March 2023

Composites In Oil & Gas Industry Market worth $3.4 billion by 2028

The report "Composites In Oil & Gas Industry Market by Resin Type (Epoxy, Composites, Polyester, Phenolic), Fiber Type (Carbon, Glass,), Application (Pipes, Tanks, Top Side Applications, Pumps & Compressors), and Region - Global Forecasts to 2028", is estimated at USD 2.3 billion in 2022 and is projected to reach USD 3.4 billion by 2028, at a CAGR of 6.1% from 2023 to 2028. Factors such as the superior properties of composites like corrosion resistance, lightweight and high strength, durability, and improved performance are positively driving the growth of the Composites In Oil & Gas Industry Market. Furthermore, The rising applications from emerging economies and the adoption of composites will further propel the growth rate of the oil and gas composites market. The low maintenance cost of composites is projected to strengthen the market's growth.

• Published: March 2023

De-oiled Lecithin Market worth $321 million by 2028

According to a research report "De-oiled Lecithin Market by Source (Soybean, Sunflower, Rapeseed & Canola, Eggs), Nature (Non-GMO and GMO), Form (Powder and Granules), Application (Food & Beverages, Feed, Industrial and Healthcare Products) and Region - Global Forecast to 2028" published by MarketsandMarkets, the de-oiled lecithin market is estimated at USD 220 million in 2023 and is projected to reach USD 321 million by 2028, at a CAGR of 7.8% from 2023 to 2028. Factors such as the increase in demand for natural food additives in food and beverages, the rising use of de-oiled lecithin in pharmaceutical tablets and capsules are positively driving the growth of the de-oiled lecithin market. Furthermore, rising trends for use of de-oiled lecithin in the production of cosmetic products for better emulsification drive market growth.

• Published: March 2023

Animal Parasiticides Market worth $14.1 billion by 2027

The report "Animal Parasiticides Market by Type (Ectoparasiticides, Endoparasiticides, Endectocides), Animal Type (Dogs, Cats, Horses, Cattle, Pigs, Poultry, Goats), End User (Veterinary Hospitals, Animal farms, Home Care Settings) - Global Forecast to 2027", is projected to reach USD 14.1 billion by 2027 from USD 10.6 billion in 2022, at a CAGR of 5.8% during the forecast period. Factors such as the rising demand for animal-derived food products, increasing investments by private players, growing concerns of zoonotic diseases, regulations for preventing the spread of animal diseases, growing companion animal ownership rates, and rising animal health expenditure are driving the growth of the animal parasiticides market. However, a shift toward vegetarianism and restrictions on the use of parasiticides in food-producing animals are expected to restrain the growth of this market during the forecast period.

• Published: March 2023

mHealth Solutions Market worth $395.0 billion by 2028

The report "mHealth Solutions Market by Apps (Women Health, Diabetes, Mental Health), Connected Devices (Glucose & Blood Pressure Monitor, Peak Flow Meter), Services (Remote Monitoring, Consultation), End user (Providers, Patients, Payers) - Global Forecast to 2028", is projected to reach USD 395.0 billion by 2028 from USD 119.5 billion in 2023, at a CAGR of 27.0% during the forecast period.

• Published: March 2023

Cloud Native Applications Market worth $17.0 billion by 2028

According to a research report "Cloud Native Applications Market by Component (Platforms and Services), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare & Life Sciences, and IT & Telecom) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global cloud native applications market size is estimated at USD 5.9 billion in 2023 and is projected to reach USD 17.0 billion by 2028, at a CAGR of 23.7% during the forecast period.

• Published: March 2023