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Display Industry worth $173.7 billion by 2029
The report "Display Market by Display Technology, Resolution, Panel Size (Micro Display, Small and Medium-sized Panels, Large Panels), Panel Type (Fixed Panel, Flexible Panel), Dimension (2D, 3D), Product, Vertical and Region - Global Forecast to 2029" The display market is expected to reach USD 173.7 billion by 2029 from USD 135.2 billion in 2024, at a CAGR of 5.1 % during the 2024-2029 period. Various companies are investing in display which gives an opportunity for growth in the display market. The display market is continuously developing, with the presence of multiple players. Currently the Asia Pacific region is contributing significantly to the growth of the display market. Similarly, the Europe, North America and RoW regions are expected to be the growing market for the forecasted period.
- Published: July 2024
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Hydrochloric Acid Market worth $3.0 billion by 2029
The report "Hydrochloric Acid Market by Grade (Synthetic, By-product), Application, End-use industry (Food & Beverage, Pharmaceutical, Textile, Steel, Oil & Gas, Chemical), Region (North America, Europe, APAC, MEA, South America), & Region - Global Forecast to 2029", is projected to grow from USD 2.2 billion in 2024 to USD 3.0 billion by 2029, at a CAGR of 6.5% during the forecast period. The growth of the hydrochloric acid market is driven by various small-scale applications, including household cleaning, construction, and leather processing. Additionally, hydrochloric acid is used to dissolve calcium carbonate, such as in descaling kettles and removing mortar from masonry. When applied to brickwork, the reaction between the acid and mortar continues until the acid is completely converted, resulting in calcium chloride, carbon dioxide, and water.
- Published: July 2024
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Carbon Credit Validation, Verification, Certification Market worth $884 million by 2030
According to a research report "Carbon Credit Validation Verification and Certification Market by Type (Voluntary, Compliance), Service (Validation, Verification, Certification), End User (Energy & Utilities, Agriculture & Forestry, Industrial) & Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global carbon credit validation, verification, certification is projected to reach approximately USD 884 million by the year 2030, as compared to the estimated value of USD 226 million in 2024, at a Compound Annual Growth Rate (CAGR) of 25.5% over the forecast period. The global carbon credit validation, verification, and certification market is driven by several key factors. Governments worldwide are implementing stringent environmental regulations and carbon pricing mechanisms to curb greenhouse gas emissions. These policies, such as the European Union Emissions Trading System (EU ETS) and California's Cap-and-Trade Program, necessitate the validation, verification, and certification of carbon credits, ensuring that organizations meet their compliance obligations. Increasingly, corporations are adopting sustainability strategies to enhance their environmental credentials and meet stakeholder expectations. Companies are voluntarily purchasing carbon credits to offset their carbon footprints, driving demand for rigorous validation and verification processes to guarantee the credibility and impact of their investments in carbon reduction projects.
- Published: July 2024
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Identity Security Posture Management (ISPM) Industry worth $33.1 billion by 2029
According to a research report "Identity Security Posture Management (ISPM) Market Size, Share, Growth Analysis, By Offering (Solutions, Services), Deployment Mode (On-premises, Cloud), Organization Size, Vertical and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the identity security posture management (ISPM) market size is projected to grow from USD 13.7 billion in 2024 to USD 33.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The key driver of ISPM is the growing complexity and interconnectedness of digital ecosystems. Trends such as the proliferation of IoT devices, the convergence of IT, and the increasing use of third-party vendors and partners create expanded attack surfaces and identity management challenges.
- Published: July 2024
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Future of India - Forecast to 2035
According to a research report "Future of India - Forecast to 2035" published by MarketsandMarkets, offers a comprehensive analysis of the mega trends propelling India’s growth by 2035. It also includes an extensive coverage of growth opportunities in India, which is projected to be the world’s third-largest economy by 2030.
- Published: July 2024
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Udder Health Market worth $1.58 billion by 2029
The report "Udder Health Market by Product (Pharmaceuticals (Antibiotics, Intramammary Infusions), Devices (Milk Quality Analysers), Supplements)), Veterinary Care Settings (Dairy Farms, Veterinary Hospitals & Clinics), Animal Type - Global Forecast to 2029", is projected to reach USD 1.58 billion by 2029 from USD 1.18 billion in 2024 at a CAGR of 5.9%.
- Published: July 2024
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AI Model Risk Management Industry worth $10.5 billion by 2029
According to a research report "AI Model Risk Management Market Size, Share, Growth Analysis, By Offering (Software Type and Services), Application (Fraud Detection & Risk Reduction, Regulatory Compliance Monitoring), Risk Type, Vertical, and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the AI Model Risk Management Market is projected to grow from USD 5.7 billion in 2024 to USD 10.5 billion by 2029, at a compound annual growth rate (CAGR) of 12.9% during the forecast period. The AI Model Risk Management Market market is expected to grow significantly during the forecast period by increasing the need to establish robust security protocols, monitor compliance and respond effectively to emerging threats, the rising need to automate risk assessment for degraded manual errors, and the need to automate model lifecycle, improve efficiency and surge quality of the final production models.
- Published: July 2024
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Hydrogen Valve Industry worth $507 million by 2030
The report "Hydrogen Valve Market by Type (Ball, Needle, Check, Pressure Relief, Globe, Flow Control), Size, Material (Steel, Aluminum), Pressure, Implementation, Application (Production, Fueling Station, Storage, Transportation, Fuel Sell) - Global Forecast to 2030" The global hydrogen valve market was valued at USD 331 million in 2024 and is projected to reach USD 507 million by 2030; it is expected to register a CAGR of 7.4% during the forecast period. Growing demand for hydrogen, rising focus on clean fuels, and government initiatives to boost hydrogen production & consumption are attributed to the demand of hydrogen valves. The demand for hydrogen valve is Increasing in the wake of a global initiative to adoption of clean source of energy such as hydrogen. Since there is high demand for hydrogen for various application, demand for valves that can sustain, an increase in pressure and corrosive conditions rises.
- Published: July 2024
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Sodium Hydroxide Market worth $55.6 billion by 2029
The report "Sodium Hydroxide Market by Grade (Solid, 50% Aqueous Solution), Production Process, Application (Biodiesel, Alumina, Inorganic Chemicals, Organic Chemicals, Food, Pulp & Paper, Soap & Detergent, Textiles, Water Treatment), Region - Global Forecast to 2029", size is projected to grow from USD 44.9 billion in 2024 and is projected to reach USD 55.6 billion by 2029, at a CAGR of 4.4%. The sodium hydroxide market is poised for substantial expansion due to the rising utilization and demand for alumina. Alumina is a key element derived from sodium hydroxide, finds widespread application in the construction sector, primarily due to its remarkable characteristics, including its exceptional durability, lightweight nature, and cost-efficient attributes. As the construction industry continues to seek materials that offer superior performance while maintaining economic viability, the demand for alumina is projected to increase, consequently driving growth in the sodium hydroxide market.
- Published: July 2024
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Command and Control Systems Industry worth $44.7 billion by 2029
The report "Command and Control Systems Market by Platform (Land, Maritime, Airborne, Space and Cyber), Application (Military, Government and Civil & Commercial), Soutions (Hardware, Software and Services), System, Installation & Region - Global Forecast to 2029" The command and control systems market is projected to reach USD 44.7 billion by 2029, from USD 32.5 billion in 2024, at a CAGR of 6.6% during the forecast period. The market growth can be attributed to rising need for situational awareness to support decision-making. The command and control systems industry includes major players L3Harris Technologies, Inc. (US), Thales (France), RTX Corporation (US), General Dynamics Corporation (US) and Lockheed Martin Corporation (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Middle East.
- Published: July 2024
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SUV Market worth 53 million units by 2030
According to a research report "SUV Market by Type (Sub-Compact, Compact, Mid-size, Full-size and MPV), by Propulsion (Internal Combustion Engine, Hybrid and Electric Vehicles) and Region (North America, Europe and Asia-Pacific), Competitive Benchmarking, Pricing Analysis, and Future Technology Trends - Global Forecast 2030" published by MarketsandMarkets, the SUV market is projected to reach 53 million units by 2030 from 41 million units in 2024, at a CAGR of 4.4%.
- Published: July 2024
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Cloud FinOps Market worth $23.3 billion by 2029
According to a research report "Cloud FinOps Market Size by Application (Cost Management & Optimization, Budgeting & Forecasting, Cost Allocation & Chargeback, Reporting & Analytics, Workload Management & Optimization), Service Model (IaaS, PaaS, SaaS) - Global Forecast to 2029", published by MarketsandMarkets, the cloud FinOps market is estimated at USD 13.5 billion in 2024 and is projected to reach USD 23.3 billion by 2029, at a CAGR of 11.4% from 2024 to 2029.
- Published: July 2024
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Embedded Finance Market worth $251.5 billion by 2029
According to a research report "Embedded Finance Market Size, Share, Growth Analysis, By Type (embedded payments, embedded lending, embedded insurance, embedded wealth management), Business Model, Industry (retail & eCommerce, healthcare) - Global Forecast to 2029" published by MarketsandMarkets, the embedded finance market is estimated at USD 115.8 billion in 2024 and is projected to reach USD 251.5 billion by 2029, at a CAGR of 16.8% from 2024 to 2029.
- Published: July 2024
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Robotic Platform Industry worth $13.0 billion by 2029
The report "Robotic Platform Market by Robot (Industrial Robot, Service Robot), Deployment (On-premises, On-Cloud), Type (Mobile, Stationary/Fixed), End-user Industry (Manufacturing, Residential, Logistic & Transportation) and Region - Global Forecast to 2029" The Robotic platform market is projected to grow from USD 9.8 billion in 2024 and is estimated to reach USD 13.0 billion by 2029; it is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.9% from 2024 to 2030. The growth of the Robotic platform market is driven by increasing government investments in Robotics Research & Development, Accelerated adoption of robotic software by SMEs to minimize labor and energy expenses, Increasing adoption of cloud-based robotic software solutions, Adoption of service robots in medical applications; Adoption of Autonomous Mobile Robots (AMRs) in warehouse and logistics sectors.
- Published: July 2024
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Drone Package Delivery Industry worth $4,666 million by 2030
The report "Drone Package Delivery Industry by Solution (Platform, Infrastructure, Software, Service), Type, Range (Short (<25 km), Medium (25–50 km), Long (>50 km)), Package Size, Duration, End Use, Operation Mode - Global Forecast to 2030" The market is valued at USD 693 million in 2024 and is projected to reach USD 4,666 million by 2030, at a CAGR of 37.4% from 2024 to 2030. The drone package delivery industry is driven by the growing need for quick, instant, same day delivery, and emergency supplies. The drones offer a cost-effective delivery solution as compared to traditional ground-based delivery methods, especially for last-mile deliveries. The UAV-based delivery reduces the need for large delivery vehicles, which in turn lowers traffic congestion and decreases greenhouse gas emissions. Furthermore, the enhancements in regulatory frameworks to support drone packge delivery by focusing on reducing carbon emissions are also driving the market growth.
- Published: July 2024
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Contrast Media Injectors Market worth $2.3 billion by 2029
The report "Contrast Media Injectors Market by Product (System (CT, MRI, Angiography, Mammo), Consumable, Accessories), Type (Single & Dual-head, Syringeless), Application (General Imaging, Interventional), End user (Hospital, Clinic), & Region - Global Forecast to 2029", is estimated to reach USD 2.3 billion by 2029, up from USD 1.6 billion in 2024, at a CAGR of 8.0% from 2024 to 2029. Growing adoption and awareness of contrast-enhanced CT and MRI procedures, rising incidence of cancer & cardiovascular diseases, and the availability of automated solutions the are the major indicators contributing to the market's growth.
- Published: July 2024
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Cooling Tower Market worth $3.9 billion by 2029
The report "Cooling Tower Market by Type (Evaporative, Dry, Hybrid), Design (Natural, Mechanical), Construction Material (Concrete, Steel, FRP, Wood), Flow Type, Technology, Application (Power Generation, HVACR, Food & Beverage), & Region - Global Forecast to 2029", size is projected to grow from USD 3.0 billion in 2024 to USD 3.9 billion by 2029, registering a CAGR of 5.3% during the forecast period.
- Published: July 2024
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Exhaust System Market worth $40.6 billion by 2030
According to a research report "Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (LCV, Trucks, Buses, Tractor, Construction & Mining Equipment), Aftermarket, Component, Application, Fuel Type, Sales Channel and Region - Global Forecast to 2030" published by MarketsandMarkets, the global exhaust system market is projected to grow at a CAGR of 3.6% during the forecast period, from an estimated USD 32.9 billion in 2024 to USD 40.6 billion by 2030.
- Published: July 2024
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People Counting System Industry worth $2.1 billion by 2029
The report "People Counting System Market by Type (Unidirectional, Bidirectional), Technology (Infrared Beam, Thermal Imaging, Video-Based), Offering (Hardware, Software), End-use Application & Region( North America, Europe, APAC, ROW) - Global Forecast to 2029" The people counting system market is projected to grow from USD 1.2 billion in 2024 and is expected to reach USD 2.1 billion by 2029, growing at a CAGR of 11.6 % from 2024 to 2029. Increasing adoption of people counting systems in smart cities for traffic management and infrastructure planning, is driving the market for people counting systems. Smart cities increasingly use people counting systems to track pedestrian flow and traffic patterns. Hence, this data aids in improvement of traffic management, public transportation routes are optimized, and planning for future infrastructure projects are established.
- Published: July 2024
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Medical Electronics Industry worth $15.7 billion by 2029
The report "Medical Electronics Market by Component (Sensors, Batteries, MPUs, Displays, Memory Chips), Equipment (Diagnostic and imaging, Patient Monitoring, Medical implantable, Ventilators & RGM, Medical Robots) Device Classification - Global Forecast to 2029" The global medical electronics industry is expected to be valued at USD 11.1 billion in 2024 and is projected to reach USD 15.7 billion by 2029; it is expected to grow at a CAGR of 7.2% from 2024 to 2029. Increasing demand for medical devices for patient monitoring and diagnostics is fuelling the growth of the medical electronics market.
- Published: July 2024
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Specialty Enzymes Industry worth $9.2 billion by 2029
According to a research report "Specialty Enzymes Market by Source (Microorganism, Plant, Animal), Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Application (Pharmaceuticals, Diagnostics, Research & Biotechnology), Form & Region - Global Forecast to 2029" published by MarketsandMarkets, the global specialty enzymes market size is estimated to be valued at USD 6.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029, recording a CAGR of 8.5%. The biopharmaceutical industry's rapid expansion, fueled by innovations in biotechnology and personalized medicine, offers significant growth opportunities for the specialty enzymes market. Enzymes are crucial in various biopharmaceutical manufacturing stages, such as protein expression, purification, and modification. They play a vital role in developing biologics, including monoclonal antibodies, vaccines, and gene therapies. With an aging population and a rising incidence of chronic diseases, the demand for biopharmaceuticals is increasing, consequently driving the need for enzymes in biopharmaceutical production.
- Published: July 2024
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Anti-Migrating Agent Market worth $224 million by 2029
The report "Anti-Migrating Agent Market by Type (Non-ionic, Anionic, Cationic, Amphoteric), Grades (Technical, Food, Pharmaceutical), Application, Chemistry (Organic, Inorganic), End-Use Industry (Textile, Plastics, Paper), and Region - Global Forecast to 2029", size is projected to reach USD 224 million by 2029 from USD 159 million in 2024, at a CAGR of 7.0% during the forecast period. The major drivers for the anti-migrating market are burgeoning demand in the textile industry, the rise in digital printing applications, and the increased focus on high-quality, durable products. The textile industry relies heavily on anti-migrating agents to ensure color fastness and prevent dye migration, which is critical for maintaining the quality and appeal of textiles. As textile markets expand globally, the need for effective anti-migrating agent continues to grow.
- Published: July 2024
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Natural Language Understanding (NLU) Market worth $62.9 billion by 2029
According to a research report "Natural Language Understanding (NLU) Market by Type (Rule-Based, Statistical, Hybrid), Application (Customer Experience Management, Chatbots & Virtual Assistants, Text Analysis, Sentiment Analysis, Machine Translation) – Global Forecast to 2029" published by MarketsandMarkets, the market for natural language understanding (NLU) is estimated to grow from USD 19.2 billion in 2024 to USD 62.9 billion in 2029, at a CAGR of 26.8% during the forecast period. The growth of the natural language understanding market is driven by an increasing consumer demand for personalized and intuitive interactions, enhanced productivity, shorter call durations in contact centers, a rising need for impactful brand messaging, and the rapid expansion of unstructured text data.
- Published: July 2024
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3D Digital Asset Industry worth $51.8 billion by 2029
According to a research report "3D Digital Asset Market by Hardware (3D Scanners, Motion Capture Systems), Software (3D Modeling, 3D Scanning, 3D Rendering & Visualization, 3D Animation, Image Reconstruction), Application (Visualization, Gaming & Animation) - Global Forecast to 2029" published by MarketsandMarkets, the 3D Digital Assest Market is expected to grow from USD 28.3 billion in 2024 to USD 51.8 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period. Advancements in AR and VR will boost the growth of the 3D Digital Asset market during the forecast period. The significant factor is the increasing utilization of 3D assets in gaming, film, and e-commerce, influenced by the demand fosr immersive and interactive experiences. The market is anticipated to experience further growth due to the rising investments in advanced 3D content creation technologies and tools, allowing for the creation of more complex and high-quality digital assets.
- Published: July 2024
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Tie Layer Resin Market worth $1.8 billion in 2029
The report "Tie Layer Resin Market by Base Resins (LLDPE, LDPE, HDPE, PP, EVA), Type (Reactive, Non-Reactive), Application (Flexible, Rigid), End-use Industry (Food & Beverage, Pharmaceutical & Medical, Automotive), and Region - Global Forecast to 2029", size is projected to grow from USD 1.6 billion in 2024 to USD 1.8 billion in 2029, at a CAGR of 3.6%. The medical sector is showing significant potential demand for tie layer resins due to several critical factors. The need for high-performance medical packaging is paramount to ensure the safety, sterility, and longevity of medical products. Tie layer resins play a crucial role in multi-layer packaging by providing strong adhesion between different materials, enhancing the barrier properties against contaminants, moisture, and oxygen. This is particularly important for medical devices, pharmaceuticals, and sterile supplies. Additionally, the medical sector is increasingly adopting advanced polymer-based products, such as catheter tubing and flexible medical films, which require reliable bonding solutions that tie layer resins offer. The growing demand for minimally invasive medical procedures also drives the need for complex multi-layer structures, where tie layer resins ensure the mechanical integrity and performance of medical components.
- Published: July 2024
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Military Radar Industry worth $18.4 billion by 2029
The report "Military Radar Market by Platform, Product Type (Surveillance and Early Airborne Warning Radar, Tracking and Fire Control Radar, Multi Function Radar, Airborne Moving-Target Indication (MTI) Radar), Frequency Band, Dimension - Global Forecast to 2029" The market is valued at USD 14.1 billion in 2024 and is projected to reach USD 18.4 billion by 2029, at a CAGR of 5.4% from 2024 to 2029. The military radar market involves the design, manufacture, and implementation of radar systems tailored for defense and military use. These systems are employed by military forces and defense agencies to improve situational awareness, and capabilities in target detection, tracking, surveillance, and reconnaissance. A key driver of this market is the increasing need for advanced defense mechanisms amid rising global security threats, which necessitates continual upgrades to radar technologies to ensure robust national and international security.
- Published: July 2024
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Next-Generation Data Storage Industry worth $90.0 billion by 2029
The report "Next-Generation Data Storage Market Size by Storage System (Direct-Attached, Network-Attached, Storage Area Network), Storage Medium (SSD, HDD, Tape), Storage Architecture (File-& Object-Based Storage, Block Storage) & Region – Global Forecast to 2029" The next-generation data storage industry is projected to grow from USD 65.1 billion in 2024 and is estimated to reach USD 90.0 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.7% from 2024 to 2029.
- Published: July 2024
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DC Torque Tool Industry worth $4.4 billion by 2029
The report "DC Torque Tool Market by Handheld Tool (Nutrunners, Screwdrivers, Torque Wrenches, Impact Wrenches), Fixtured Tool, Power Source (Corded, Cordless), Control System (Transducer, Current), Industry and Region - Global Forecast to 2029" The DC Torque Tool Industry is expected to reach USD 4.4 billion by 2029 from USD 3.6 billion in 2024, at a CAGR of 3.7% during 2024–2029. The significant growth factor associated with the DC torque tool market is growing demand in the automotive industry, and a heavy emphasis on quality control in a variety of sectors. Technological developments in DC torque tool features, regulatory compliance, and the growth of manufacturing in emerging economies like China and India. Moreover, the demand for precision in consumer electronics, manufacturing, and maintenance operations, as well as the tools' customization, all help to drive market growth.
- Published: July 2024
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BYOD and Enterprise Mobility Industry worth $133.9 billion by 2029
According to a research report "BYOD and Enterprise Mobility Market Size, Share, Growth Analysis, By Offerings (Solutions and Services), Verticals (BFSI, Manufacturing, Transportation & Logistics, Energy & Utilities, Travel & Hospitality), and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the global BYOD and Enterprise Mobility market size is projected to grow from USD 72.7 billion in 2024 to USD 133.9 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.0%. The market encompasses a spectrum of solutions such as including Mobile Device Management (MDM), Mobile Application Management (MAM), Identity Access Management (IAM), and others that are designed to facilitate the secure and efficient use of personal devices for work purposes. The market’s growth is driven by several factors, including advancements in enterprise mobility solutions that ensure seamless integration and management of diverse device types and operating systems. Further, the proliferation of smartphones and tablets and the rise of cloud computing and IoT (Internet of Things) accelerates the demand for robust enterprise mobility solutions. Businesses are increasingly leveraging these technologies to enable remote work capabilities, enhance employee productivity, and streamline operational workflows. Moreover, stringent data security standards and regulatory compliance requirements, such as GDPR and HIPAA, drive the adoption of secure BYOD policies and solutions across industries. As organizations prioritize agility and scalability in their IT strategies, the BYOD and enterprise mobility market emerges as a critical enabler of digital transformation and competitive advantage in today's interconnected business landscape.
- Published: July 2024
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Protein Alternatives Market worth $25.2 billion by 2029
According to a research report "Protein Alternatives Market by Source (Plant Protein, Microbial Protein, Insect Protein), Application (Food & Beverages, Animal Feed, Pet Food), Form, Nature, Production Process (Qualitative), & Region - Global Forecast to 2029" The protein alternatives market is estimated at USD 15.7 billion in 2024 and is projected to reach USD 25.2 billion by 2029, at a CAGR of 9.9% from 2024 to 2029. The alternative proteins market has witnessed remarkable growth in recent years, driven by a confluence of factors including rising consumer health consciousness, environmental concerns, and ethical considerations regarding animal welfare. These proteins, derived from plant-based sources, insects, algae present sustainable and efficient options compared to traditional animal-based proteins. The market expansion is bolstered by significant advancements in food technology, enabling the production of alternative proteins that closely mimic the taste, texture, and nutritional profile of conventional meat, thus broadening their appeal to a wider consumer base.
- Published: July 2024
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Door Insulation Market worth $1.7 billion by 2029
The report "Door Insulation Market by Material Type (Traditional Insulation, Foam Insulation, Natural Insulation, Others), Insulation Type (Thermal, Acoustic, Others), End-use (Residential, Commercial, Industrial) and Region - Global Forecast to 2029", is USD 1.3 billion in 2024 and is projected to reach USD 1.7 billion by 2029, at a CAGR of 5.2%.
- Published: July 2024
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Photoacoustic Imaging Industry Worth $105 million by 2029, with a CAGR of 5.5%
The report "Photoacoustic Imaging Market by Product (Imaging System, Transducer, Software, Accessories), Technology (Microscopy, Tomography), Type (Preclinical, Clinical), Application (Oncology, Neuro), End User (Hospitals, Academia) & Region Global Forecast to 2029", is projected to reach USD 105 million by 2029 from USD 80 million in 2024, at a CAGR of 5.5 % during the forecast period. The worldwide uptake of photoacoustic imaging systems is fueled by heightened investments from research organizations, stringent regulatory requirements for clinical trials, enhancements in imaging quality, and continuous technological advancements.
- Published: July 2024
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Veterinary Ultrasound Market worth $539.4 million in 2029
The report "Veterinary Ultrasound Market by Type (2D, 3D/4D, Doppler), Product (Portable Scanners), Technology (Digital, Contrast), Animal Type (Small, Large), Application (Obstetrics, Cardiology, Orthopedic), End User (Clinics, Hospitals) - Global Forecast to 2029", global veterinary ultrasound market is projected to reach 539.4 million in 2029 from USD 384.6 million in 2024, at a CAGR of 7.0 % between 2024 and 2029.
- Published: June 2024
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Painting Robot Industry worth $5.8 billion by 2029
The report "Painting Robot Market by Mounting Type (Floor Mounted, Wall Mounted, Rail Mounted), Robot Type (Articulated, Cartesian, Scara, Collaborative), Function ,Payload, Reach, Paint Applicator, End-user Industry and Region - Global Forecast to 2029" The Painting Robot market is projected to grow from USD 3.1 billion in 2024 and is estimated to reach USD 5.8 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.1% from 2024 to 2029. The growth of the Painting Robot market is driven by increasing preference for automated painting solutions in aerospace, furniture, and construction industries, integration of advanced technologies such as machine learning, computer vision, and artificial intelligence.
- Published: June 2024
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CCUS Absorption Market worth $1.7 billion in 2030
The report "CCUS Absorption Market by Absorption Type (Chemical Absorption, Physical Absorption), End-Use Industry (Oil & Gas, Power Generation, Chemical & Petrochemical, Cement, Iron & Steel), and Region - Global Forecast to 2030", is expected to grow at an average CAGR of 26.5%, from USD 0.4 billion in 2024 to USD 1.7 billion in 2030. The implementation of CCUS absorption by industries is being driven by government support and policy initiatives. In the UK, the government has announced significant public funding for new CCUS projects and is adopting a three-pronged approach, including policy support, industrial hubs with shared CO2 transport and storage infrastructure, and investment in technology innovation. China has been building its domestic CCUS technology capacity since 2007 and has undertaken industry-level pilot projects for carbon capture technologies. India has also set out a roadmap for the adoption of CCUS, involving collaboration between industry partners and the government. These government-led initiatives are crucial for accelerating the deployment of CCUS technologies in various industries.
- Published: June 2024
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Well Intervention Market worth $11.3 billion by 2029
According to a research report "Well Intervention Market by Service (Logging and Bottomhole Survey, Tubing/Packer Failure and Repair, Stimulation), Intervention (Light, Medium, Heavy), Application (Onshore, Offshore) Well (Horizontal, Vertical) Region - Global Forecast to 2029" published by MarketsandMarkets, the Well Intervention market is expected to grow from an estimated USD 9.2 billion in 2024 to USD 11.3 billion by 2029, at a CAGR of 4.2% during the forecast period.
- Published: June 2024
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Software Asset Management Industry worth $7.3 billion by 2029
According to a research report "Software Asset Management Market Size Share, Growth Analysis, by Solutions (License Management, Audit & Compliance Management, Software Discovery, Optimization, & Metering, Contract Management, Configuration Management) - Global Forecast to 2029" published by MarketsandMarkets, the software asset management market is expected to grow from USD 3.5 billion in 2024 to USD 7.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.0% during the forecast period. Software asset management solutions provide comprehensive tools for tracking, managing, and optimizing software assets throughout their lifecycle. To ensure efficient and accurate asset management, software asset management integrates various data sources and technologies, including real-time usage metrics, license compliance tools, contract management systems, and automation features. These solutions enable organizations to monitor software usage, identify cost-saving opportunities, ensure regulatory compliance, and enhance cybersecurity measures, ultimately supporting better decision-making and maximizing the value of their software investments.
- Published: June 2024
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Battery Management System Industry worth $22.0 billion by 2029
The report "Battery Management System Market by Type (Motive & Stationary Batteries), Battery Type (Lithium- ion, Lead-acid, Nickel-based, Solid-state, Flow batteries), Topology (Centralized, Distributed, & Modular), Application & Region - Global Forecast to 2029" The global battery management system (BMS) industry is poised for substantial growth, forecasted to surge from USD 9.1 billion in 2024 to USD 22.0 billion by 2029, reflecting a CAGR of 19.3%. A battery management system (BMS) serves as a crucial electronic device responsible for overseeing and regulating the operations of rechargeable batteries.
- Published: June 2024
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In-flight Entertainment & Connectivity Industry worth $11.7 billion by 2029
The report "In-flight Entertainment & Connectivity Market by Offering (IF Entertainment. IF Connectivity), Class (First, Business, Premium Economy, Economy), Platform (Narrow-body Aircraft, Wide-body Aircraft, Business Jet), End Use - Global Forecast to 2029" The In-flight Entertainment and Connectivity market is estimated to be USD 8.6 billion in 2024 and is projected to reach USD 11.7 billion by 2029, at a CAGR of 6.3% from 2024 to 2029. Rising passenger demands for top-tier entertainment and dependable connectivity during flights are pushing airlines to enhance their investment in IFEC systems. Travelers now look for uninterrupted internet access, diverse entertainment selections, and content tailored to their preferences.
- Published: June 2024
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Process Oil Market worth $5.6 billion by 2029
The report "Process Oil Market by Type (Aromatic, Paraffinic, Naphthenic, Non-carcinogenic), Function (Extender Oil, Plasticizer, Solvent, Defoamer), Production Technology (Convention Route, Gas to Liquid, Bio-based), Application, and Region-Global Forecast to 2029", is projected to grow from USD 5.2 billion in 2024 to USD 5.6 billion by 2029, at a CAGR of 1.7% during the forecast period. Growing industrialization and manufacturing activities worldwide are driving the demand for process oils, as they enhance the durability and performance of products such as rubber, plastics, and adhesives. Increasing environmental awareness and regulatory pressures are boosting the demand for bio-based process oils. Additionally, the expanding automotive and construction sectors are fueling the demand for high-quality process oils to improve the longevity and efficiency of machinery and components. Growing preference for non-carcinogenic process oils in the tire & rubber application.
- Published: June 2024
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Future of Automotive industry worth 104 million units by 2030
According to a research report "Future Of Automotive Industry Covers Original Equipment Manufacturer (OEM) Landscape, Connected Vehicles, Autonomous Driving Technologies, Electric Vehicles (Evs), Innovations In Battery Technology, Powertrains and Shared Mobility - Global Forecast 2030" published by MarketsandMarkets, the automotive industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%.
- Published: June 2024
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Visual Cloud Industry worth $237.26 billion by 2029
According to a research report "Visual Cloud Market Size, Share, Growth Analysis, by Solutions (Video Processing, AR/VR Solutions, Cloud Gaming, Enterprise Video), Service Model (IaaS, PaaS, SaaS), Service (Professional Services and Managed Services) - Global Industry Forecast to 2029" published by MarketsandMarkets, the global visual cloud market will grow from USD 126.02 billion in 2024 to USD 237.26 billion by 2029 at a compounded annual growth rate (CAGR) of 13.5% during the forecast period. The emergence of visual clouds such as CDN, video streaming, and other interactive media application solutions is shifting the vendors’ landscape. Today’s environment experiences an increasing need for high-quality, low-latency video services because of remote working, online classes, and entertainment. AWS, Google Cloud, and Microsoft Azure are the leading platform providers with scalable cloud infrastructure to facilitate efficient content delivery and real-time processing. Specific suppliers, including NVIDIA, offer powerful GPU features for rendering and AI-based graphics outputs. These technologies allow efficient and flexible organization of visual data, which is crucial for various purposes, including gaming and telemedicine.
- Published: June 2024
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Smart Infrastructure Industry worth $2,109.5 billion by 2029
According to a research report "Smart Infrastructure Market Size, Share, Growth Analysis, By Offering, Focus Area (Smart Transportation, Smart Buildings, Smart Utilities, Smart Government), End User (Commercial, Residential, Industrial) and Region - Global Forecast to 2029" published by MarketsandMarkets, the smart infrastructure market is projected to grow from USD 923.0 billion in 2024 to USD 2,109.5 billion by 2029 at a CAGR of 18.0% during the forecast period. Governments around the world are implementing policies and regulations to promote the development and adoption of smart infrastructure. This includes initiatives to improve transportation systems, enhance energy efficiency, and create smarter, more resilient cities.
- Published: June 2024
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Modular Automation Industry worth $7.0 billion by 2029
The report "Modular Automation Market by Type (Modular Type Packages, Modular DCS), Mobility (Semi-automatic, Fully Automatic), Component (Robot Controllers, I/O Modules, Drives & Motors, Sensors & Actuators, Safety), End-user Industry - Global Forecast to 2029" The Modular Automation Market is projected to grow from USD 4.8 billion in 2024 to USD 7.0 billion by 2029, at a CAGR of 7.9% from 2024 to 2029. The market's growth is propelled by increasing demand for flexible manufacturing processes, cost efficiency, and the ability to quickly adapt to changing production needs. Technological advances and the push for Industry 4.0 integration are also driving adoption.
- Published: June 2024
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Urinalysis Market worth $6.8 billion by 2029
The report "Urinalysis Market by Product (Consumables (Pregnancy & Fertility Kits, Dipsticks, Disposable, Reagents), Instruments (Automated, Semi-automated, PoC Analyzers)), Test Type (Biochemical, Sediment), Application (UTI, Diabetes) - Global Forecast to 2029", is valued at an estimated USD 4.3 billion in 2024 and is projected to reach USD 6.8 billion by 2029 at a CAGR of 9.6% during the forecast period.
- Published: June 2024
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Crop Protection Chemicals Industry worth $101.0 billion by 2029
According to a research report "Crop Protection Chemicals Market by Type (Herbicides, Insecticides, Fungicides & Bactericides), Origin (Synthetic & Biopesticides), Form, Mode of Application (Foliar, Seed Treatment, Soil Treatment), Crop Type and Region - Global Forecast to 2029" published by MarketsandMarkets, the global market for crop protection chemicals is estimated at USD 79.3 billion in 2024 and is projected to reach USD 101.0 billion by 2029, at a CAGR of 5.0% during the forecast period. According to the Centre for Agriculture and Bioscience International (CABI), approximately 40% of global crop yields are lost annually due to pests, pathogens, and weeds, including the destructive Fall armyworm (FAW). This threat, intensified by climate change, poses significant risks to essential crops like maize, wheat, banana, and coffee, impacting household incomes, national economies, and global food security. Such challenges underscore the critical role of effective crop protection solutions in mitigating these risks. The demand for crop protection chemicals is therefore bolstered as farmers seek reliable methods to combat pests and diseases, ensuring stable yields and safeguarding agricultural production. This market growth is driven by the necessity for advanced formulations and technologies that can efficiently manage evolving pest pressures while supporting sustainable agricultural practices. As such, the ongoing need to protect crops from a wide array of threats continues to drive innovation and investment in the crop protection chemicals sector globally.
- Published: June 2024
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Offshore Support Vessel Market worth $36.3 billion by 2029
According to a research report "Offshore Support Vessel Market by Technology (AHTS, PSV, MPSV, Standby & Rescue Vessels, Crew Vessels, Chase Vessels, Seismic Vessels), Application (Shallow water, Deepwater), End-user Industry, Material, Fuel Type and Region - Global Forecast to 2029" published by MarketsandMarkets, the global Offshore Support Vessel Market is projected to reach USD 36.3 billion by 2029 from an estimated USD 25.6 billion in 2024, at a CAGR of 7.2% during the forecast period. The global offshore support vessel market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such as government policies and incentives and technological advancements among others. The rising global demand for energy, particularly from developing countries, pushes the need for increased offshore exploration and production, subsequently driving the OSV market.
- Published: June 2024
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Grease Market worth $7.4 billion by 2029
The report "Grease Market by Base Oil (Mineral, Synthetic, Bio-based), Thickener Type (Metallic Soap, Non-soap, Inorganic), End-Use Industry (Automotive, Construction, General Manufacturing, Agriculture, Mining, Power Generation) - Global Forecast to 2029", size is estimated to be USD 6.2 billion in 2024 and is projected to reach USD 7.4 billion by 2029, at a CAGR of 3.6%, between 2024 and 2029.
- Published: June 2024
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Industrial Software Industry worth $46.6 billion by 2029
The report "Industrial Software Market by Type (Manufacturing Execution System, SCADA, Human Machine Interface, Robotic Software, Fault Detection and Classification, Al in manufacturing, Industrial Metrology), End-use (Process, Discrete) - Global Forecast to 2029" The global industrial software industry is expected to be valued at USD 21.5 billion in 2024 and is projected to reach USD 46.6 billion by 2029; it is expected to grow at a CAGR of 16.7 % from 2024 to 2029. The industrial software market is propelled by several key factors driving smart manufacturing and intelligent factory initiatives globally. Adopting Industry 4.0 technologies such as IoT, AI, big data analytics, and cloud computing is pivotal in enhancing operational efficiency and agility. Industrial software solutions like MES, SCADA, and HMI systems optimize production processes by providing real-time monitoring, resource management, and workflow automation, reducing downtime and improving productivity.
- Published: June 2024
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AVAS Market worth $1.7 billion by 2030
According to a research report "AVAS Market by Propulsion Type, Vehicle Type (Passenger Cars, Commercial Vehicles), Electric 2-Wheeler (E-scooter/Moped, E-motorcycle), Sales Channel, Mounting Position (Integrated, Separated) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global AVAS market is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%.
- Published: June 2024
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