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Network Telemetry Market worth $704 million by 2024

According to a research report "Network Telemetry Market by Component (Solution and Services), Organization Size, End User (Service Providers (Telecom Service Providers, Cloud Service Providers, and Managed Service Providers), Verticals), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global network telemetry market size is expected to grow from USD 140 million in 2019 to USD 704 million by 2024, at a Compound Annual Growth Rate (CAGR) of 38.1% during the forecast period. Primary factors expected to drive the growth of the network telemetry market are an increasing need for in-depth visibility into network security and Quality of Service (QoS), and growing network infrastructure. Exponential growth in the global Internet Protocol (IP) traffic and cloud traffic, and prominence of the Internet of Things (IoT) are further expected to offer vast market opportunities for network telemetry vendors in the next 5 years.

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November 21, 2019

Die Bonder Equipment Market worth $972 million by 2024

According to the research report, "Die Bonder Equipment Market by Type (Semiautomatic Die Bonder, Fully Automatic Die Bonder), Bonding Technique, Supply Chain Participant (IDM Firms, OSAT Companies), Device, Application (Consumer Electronics), and Region - Global Forecast to 2024", is projected to grow from USD 820 million in 2019 to USD 972 million by 2024; it is expected to grow at a CAGR of 3.5% from 2019 to 2024. Key factors fueling the growth of this market are the rising demand for miniature electronic components and the increasing adoption of stacked die technology in IoT devices.

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November 21, 2019

Polycarbonate Diols Market worth $255 million by 2024

The report "Polycarbonate Diols Market by form (Solid, Liquid), Molecular Weight (g/mol) (<1000, 1000 - Below 2000, 2000 & Above), Application (Synthetic Leathers, Paints & Coatings, Adhesives & Sealants, Elastomers), and Region - Global Forecast to 2024" The global polycarbonate diols market size is expected to grow from USD 200 million in 2019 to USD 255 million by 2024 at a compound annual growth rate (CAGR) of 5.0% during the forecast period.  The primary factor driving the polycarbonate diols industry during the forecast period includes the rising demand for high performance polyurethane in the synthetic leather application. Also, rising demand for waterborne paints & coatings and stringent government regulation across the globe are providing an impetus for the growth of the market.

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November 21, 2019

Point of Care/POC Diagnostics Market worth $46.7 billion by 2024

The report "Point of Care/POC Diagnostics Market by Product (Glucose, Infectious Disease (Hepatitis C, Influenza, Respiratory), Coagulation), Platform (Microfluidics, Immunoassays), Mode (Prescription & OTC), End-User (Hospitals, Home Care) - Global Forecast to 2024" The global point-of-care diagnostics market is projected to reach USD 46.7 billion by 2024 from USD 28.5 billion in 2019, at a CAGR of 10.4% during the forecast period. Factors such as the high prevalence of infectious diseases in developing countries, increasing incidence of target conditions, rising preference for home healthcare across the globe, and growing government initiatives supporting the adoption of POC diagnostic products are driving the growth of the point-of-care diagnostics market during the study period.

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November 21, 2019

Flexible AC Transmission Systems (FACTS) Market worth $1.7 billion by 2024

According to the new research report "Flexible AC Transmission Systems (FACTS) Market by Compensation Type (Shunt, Series, and Combined), Generation Type (First Generation and Second Generation), Vertical, Component, Application, Functionality, Geography - Global Forecast to 2024", The flexible AC transmission systems (FACTS) market size is projected to reach USD 1.7 billion by 2024 from USD 1.2 billion in 2019, at a CAGR of 6.0%. Major drivers for the market’s growth are increasing benefits offered by FACTS, growth in transmission line, rising focus on energy generation using renewable sources, and surging demand for STATCOM devices for voltage control. Further, rising investment in transmission networks and potential opportunities in APAC are the opportunities for FACTS manufacturers.

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November 20, 2019

Zinc Oxide Market worth $5.7 billion by 2024

The report "Zinc Oxide Market by Process (French Process, Wet Process, American Process), Grade (Standard, Treated, USP, FCC), Application (Rubber, Ceramics, Chemicals, Agriculture, Cosmetics & Personal Care, Pharmaceuticals), Region - Global Forecast to 2024", is estimated to grow from USD 4.4 billion in 2019 and to USD 5.7 billion by 2024, at a CAGR of 5.4% during the forecast period. The demand from the rubber industry for using in the vulcanization process, which is used by the tire manufacturers, is driving the market.

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November 20, 2019

Liquid Fertilizers Market worth $3.1 billion by 2025

The report "Liquid Fertilizers Market by Type (Nitrogen, Phosphorus, Potassium, and Micronutrients), Mode of Application (Soil, Foliar, and Fertigation), Major Compounds (CAN, UAN, MAP, DAP, and Potassium Nitrate), Crop Type, and Region - Global Forecast to 2025" The global liquid fertilizers market size is estimated to be valued at USD 2.5 billion in 2019 and is projected to reach a value of USD 3.1 billion by 2025, growing at a CAGR of 3.7% during the forecast period. Factors such as the rise in demand for high-efficiency fertilizers and an increase in crop varieties are projected to drive the growth of the liquid fertilizers market.

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November 20, 2019

Electric Ships Market worth $15.6 billion by 2030

The report "Electric Ships Market by Ship Type (Commercial, Defense), End-Use (Newbuild & Line Fit, Retrofit), System (Energy Storage, Power Conversion, Power Generation, Power Distribution), Mode of Operation, Range, Power, Type, and Region - Global Forecast to 2030", is projected to grow from USD 5.2 billion in 2019 to USD 15.6 billion by 2030, at a CAGR of 13.2% from 2025 to 2030. Two forecast periods, i.e., 2019 to 2025 and 2025 to 2030, are covered in this market report, as the adoption of electric propulsion systems is estimated to grow at a higher rate post-2025. The growth of the market can be attributed to the demand for fully electric ships for passenger transport, and hybrid ships for commercial and defense applications.

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November 20, 2019

Artificial Intelligence (AI) in Drug Discovery Market worth $1,434 million by 2024

The report "Artificial Intelligence (AI) in Drug Discovery Market by Component (Software, Service), Technology (ML, DL), Application (Neurodegenerative Diseases, Immuno-Oncology, CVD), End User (Pharmaceutical & Biotechnology, CRO), Region - Global forecast to 2024", is projected to reach USD 1,434 million by 2024 from USD 259 million in 2019, at a CAGR of 40.8% during the forecast period. Some of the factors responsible for the growth of this market are growing number of cross-industry collaborations and partnerships, the need to control drug discovery & development costs and reduce the overall time taken in this process, the rising adoption of cloud-based applications & services, and the impending patent expiry of blockbuster drugs. On the other hand, a lack of data sets in the field of drug discovery and the inadequate availability of skilled labor are some of the factors challenging the growth of the market.

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November 19, 2019

Malware Analysis Market worth $11.7 billion by 2024

The report "Malware Analysis Market by Component (Solution (Static Analysis and Dynamic Analysis) and Services), Organization Size (SMEs and Large Enterprises), Deployment (Cloud and On-premises), Vertical, and Region - Global Forecast to 2024",global malware analysis market size is projected to grow from USD 3.0 billion in 2019 to USD 11.7 billion by 2024, at a CAGR of 31.0% from 2019 to 2024. The major growth drivers for the market include the rising need for compliance and to get a centralized view on threats.

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November 19, 2019

Polyurethane Adhesives Market worth $9.1 billion by 2024

The report "Polyurethane Adhesives Market by Resin Type (Thermoset & Thermoplastic), Technology (Solvent-borne, 100% solids, Dispersion), End-use Industry (Automotive, Construction, Packaging, Footwear, Industrial, and Furniture), Region - Global Forecast to 2024" MarketsandMarkets: The PU adhesives market size is projected to grow from USD 7.0 billion in 2019 to USD 9.1 billion by 2024, at a CAGR of 5.6%, during the forecast period. The growth of end-use industries, such as building & construction, industrial, automotive & transportation, and packaging is driving the PU adhesives market.

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November 19, 2019

Machine Condition Monitoring Market worth $3.9 billion by 2025

According to the new market research report "Machine Condition Monitoring Market by Monitoring Technique (Vibration Monitoring, Thermography, Oil Analysis, Corrosion Monitoring, Ultrasound Emission, MCA), Monitoring Process, Deployment, Offering, Industry, and Region - Global Forecast to 2025", the global machine condition monitoring market size is estimated to be USD 2.6 billion in 2019 and is projected to reach USD 3.9 billion by 2025, at a CAGR of 7.0%. The machine condition monitoring industry is likely to exhibit lucrative growth potential during the forecast period.

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November 19, 2019

AR and VR Display Market worth $4.4 billion by 2024

The report "AR and VR Display Market by Device Type (AR HMD, VR HMD, HUD, Projector), Technology (AR, VR), Application (Consumer, Enterprise, Commercial, Healthcare, Aerospace & Defense), Display Trends, and Geography - Global Forecast to 2024", is expected to grow from USD 1.6 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 21.8% during the forecast period. Increasing adoption of AR and VR devices in various applications, increasing demand for OLED in AR and VR devices, rising technological advancement and growing use of microdisplays in AR and VR devices are the major factors fueling the growth of the overall market.

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November 18, 2019

Bone Densitometer Market worth $311 million by 2024

The report "Bone Densitometer Market by Type (DEXA, Peripheral [Radiography, Quantitative Absorptiometer]), Application (Osteopenia & Osteoporosis, Cystic Fibrosis, CKD, Rheumatoid Arthritis), End User (Hospital, Diagnostic Centres) - Global Forecast to 2024" The bone densitometers market is projected to reach USD 311 million by 2024 from USD 247 million in 2019, growing at a CAGR of 4.7%. The growth of the bone densitometers market is majorly driven by the increasing prevalence of osteoporosis and the rising geriatric population. However, factors such as the high cost of bone densitometers and low awareness are expected to hinder market growth. 

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November 18, 2019

Sales Intelligence Market worth $3.4 billion by 2024

According to a research report "Sales Intelligence Market by Component (Software and Services), Application (Lead Management, Data Management, Analytics and Reporting, and Others), Organization Size, Deployment Model, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, is expected to grow from USD 2.0 billion in 2019 to USD 3.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. The key factors driving the sales intelligence market include the imminent need for advanced software to improve customer targeting and connect rates and growing demand for data enrichment software to improve sales conversions.

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November 18, 2019

Post-consumer Recycled Plastics Market worth $10.2 billion by 2024

The report "Post-consumer Recycled Plastics Market by Service (Collection & Transportation, Recycling, Landfills, Incineration) Polymer Type (PP, LDPE, HDPE, PVC, PUR, PET, PS), Processing Type, End-use Application, and Region - Global Forecast to 2024", size is projected to grow from USD 7.7 billion in 2019 to USD 10.2 billion by 2024, recording a CAGR of 5.7% during the forecast period. The increasing urban population, rapid industrialization, growing concern toward the environmental impact of the improper disposal of plastic waste, along with laws & regulations regarding disposal and treatment of plastic waste, have propelled the growth of the global post-consumer recycled plastics market.

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November 18, 2019

Smart Clothing Market worth $5.3 billion by 2024

According to the new research report, "Smart Clothing Market by Textile Type, Product Type (Upper Wear, Lower Wear, Innerwear, and Others), End-User Industry (Military & Defense, Sports & Fitness, Fashion & Entertainment, Healthcare), and Geography - Global Forecast to 2024", is likely to grow from USD 1.6 billion in 2019 to USD 5.3 billion by 2024; it is expected to grow at a CAGR of 26.2%. The growth of this market is driven mainly by factors such as rising demand for monitoring bodily activities through the sensor, and increasing adoption of smart clothes for various end-user industries. Growing awareness about the need for sports & fitness is expected to create significant growth opportunities for players in the smart clothing market during the forecast period.

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November 15, 2019

MarketsandMarkets™ 4th Global Customer Summit in London Uncovers Revenue Opportunities within Connected and Converging Markets

MarketsandMarkets™, the world’s largest revenue impact research and advisory firm that focuses on high-growth niche markets, today announced key takeaways from its 4th Global Annual Customer Summit that took place in London on 21st and 22nd October 2019. The event drew top executives and thought leaders from every major industry to discuss revenue opportunities within connected and converging markets.

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November 15, 2019

Bioadhesives Market worth $ 9.1 billion by 2024

The report "Bioadhesives Market by Type (Plant Based, Animal Based), Application (Paper & Packaging, Construction, Woodworking, Personal care, Medical), Region (APAC, North America, Europe, Middle East & Africa, South America) - Global Forecasts to 2024",global bioadhesive market size is projected to reach USD 9.1 billion by 2024, at a CAGR of 10.0%, during the forecast period.

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November 15, 2019

Chatbot Market worth $9.4 billion by 2024

According to a research report "Chatbot Market by Component (Solutions and Services), Usage (Websites and Contact Centers), Technology, Deployment Model, Application (Customer Support and Personal Assistant), Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global chatbot market size is expected to grow from USD 2.6 billion in 2019 to USD 9.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 29.7% during the forecast period. Key factors driving the chatbot market include advancement in technology coupled with rising customer demands for self-services and  24*7 customer assistance at lower operational costs.

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November 15, 2019

Phytogenic Feed Additives Market worth $1,226 million by 2025

The report "Phytogenic Feed Additives Market by Type (Essential Oils, Flavonoids, Saponins, and Oleoresins), Livestock (Poultry, Swine, Ruminants, and Aquatic Animals), Source (Herbs & Spices, Flowers, and Fruits & Vegetables), Region - Global Forecast to 2025" The global phytogenic feed additives market size is projected to reach USD 1,226 million by 2025, which was estimated at USD 701 million in 2019, recording a CAGR of 9.8% from 2019. One of the major factors driving the phytogenic feed additives industry is the growing restriction on the use of antibiotics as a growth promoter. Also, rising concern regarding animal health and feed quality has been driving the growth of this market.

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November 15, 2019

Bromine Market worth $4.4 billion by 2024

The report "Bromine Market by Derivative (Organobromine, Clear Brine Fluids, Hydrogen Bromide), Application (Flame Retardants, Water Treatment, HBr Flow Batteries, Mercury Emission Control, PTa Synthesis), & Geography - Global Forecast to 2024" The bromine market is projected to grow from USD 3.3 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.8% from 2019 to 2024. The market growth is driven by the increasing demand for bromine in flame retardants, mercury emission control, water treatment, and oil & gas drilling.

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November 14, 2019

Fuel Cells Market worth $1,059 million by 2024

The report "Fuel Cells Market by Type (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, Alkaline Fuel Cell, Microbial Fuel Cell), Application (Transport, Stationary, Portable), End-User, Region - Global Forecast to 2024" The global fuel cells market size is expected to grow from an estimated value of USD 342 million in 2019 to USD 1,059 million by 2024, at a CAGR of 25.4%, from 2019 to 2024. The global market is set to witness significant growth owing to the rising demand for clean energy generation methods in developed regions and emphasis on reducing carbon emissions from vehicles across all the major countries over the next few years.

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November 14, 2019

Rail Asset Management Market worth $12.3 billion by 2024

According to a research report "Rail Asset Management Market by Solution (Condition Monitoring, Predictive Maintenance, Asset Planning & Scheduling, Analytics, Workforce Management & Security), Services, Application (Rolling Stock & Infrastructure), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global rail asset management market size to grow from USD 9.0 billion in 2019 to USD 12.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period. Major factors expected to drive the growth of the rail asset management industry include increasing adoption of Internet of Things (IoT) and other automation technologies to enhance optimization and address the issue of increasing congestion due to aging railway infrastructure.

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November 14, 2019

Carrier Screening Market worth $4.0 billion by 2024

The report "Carrier Screening Market by Product and Service, Type (Expanded Carrier (Predesigned, Customized), Targeted Disease Carrier), Medical Condition (Pulmonary, Hematological), Technology (Sequencing, PCR), End User, Region - Global Forecast to 2024", is expected to grow from USD 1.8 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 17.5% during the forecast period. Growth in the carrier screening market can primarily be attributed to factors such as increasing emphasis on early disease detection and prevention, the high risk of chromosomal abnormalities, and technological advancements in carrier screening, such as the introduction of expanded carrier screening panels.

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November 14, 2019

Cognitive Collaboration Market worth $1,660 million by 2024

The report "Cognitive Collaboration Market by Component, Application Area, Deployment Mode, Organization Size (SMEs and Large Enterprises), Vertical and Region - Global Forecast to 2024", The global cognitive collaboration market size is expected to grow from USD 983 million in 2019 to USD 1,660 million by 2024, at a Compound Annual Growth Rate (CAGR) of 11.0%  during the forecast period. Easy integration with the already existing environment and increasing need for mobility and collaboration are the major factors driving the growth of the cognitive collaboration market.

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November 13, 2019

Power Over Ethernet Lighting Market worth $1,174 million by 2024

The report "Power Over Ethernet Lighting Market by Offering (Hardware, and Software and Service), Wattage Type (Up to 25W and Greater Than 25W), Application (Commercial, Industrial, and Residential), and Geography - Global Forecast to 2024", is projected to reach USD 1,174 million by 2024 from USD 256 million in 2019, at a CAGR of 35.6%. Major drivers for the market’s growth are the increasing penetration and decreasing cost of LEDs, growing adoption of PoE lighting solutions in commercial and healthcare applications, and rising need for cost-effective lighting solutions. Opportunities for the PoE lighting market include improving POE standards for higher power, speed, and efficiency; growing adoption of smart and automated systems; and rising demand for smart workplaces. Major restraints for the market are the high cost of PoE switches and the requirement of additional equipment. Limited transmission distance and power delivery rates pose a major challenge for the PoE lighting market.

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November 13, 2019

HVAC Filters Market worth $7.7 billion by 2024

The report "HVAC Filters Market by Material (Fiberglass, Synthetic Polymer, Carbon), Technology (Electrostatic Precipitator, HEPA, Activated Carbon), End-Use Industry (Building & Construction, Pharmaceutical, Food & Beverage), Region - Global Forecast to 2024" The HVAC filters market is estimated to be USD 6.0 billion in 2019 and is projected to reach USD 7.7 billion by 2024, at a CAGR of 5.1% from 2019 to 2024. This growth is mainly attributed to the increasing demand for HVAC systems, growing awareness about indoor air quality, and stringent government regulations for efficient filtration.

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November 13, 2019

Electric Commercial Vehicle Market worth 1,890 thousand units by 2027

The report "Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, and Region - Global Forecast to 2027", is projected to grow from 261 thousand units in 2020 to reach 1,890 thousand units by 2027, at a CAGR of 32.7%.

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November 13, 2019

Pheromones Market in Agriculture worth $5.7 billion by 2025

The report "Pheromones Market in Agriculture by Crop Type (Field Crops, Fruits & Nuts, Vegetable Crops), Function (Mating Disruption, Mass Trapping, Detection & Monitoring), Mode of Application (Traps, Dispensers, Sprays), Type, and Region - Global Forecast to 2025" The global pheromones market size is estimated to be valued at USD 2.4 billion in 2019 and is expected to reach a value of USD 5.7 billion by 2025, growing at a CAGR of 15.3% during the forecast period. Factors such as the impact of climate change on pest proliferation, strong demand for high-value crops, advancements in integrated pest management solutions, and supportive regulations for semiochemicals are driving the market growth for pheromones.

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November 12, 2019

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