Press Releases from Markets and Markets (1736 total)
Navigating Growth Trends and Key Players in the Environmental Testing Market
According to a research report by MarketsandMarkets, the Environmental Testing Market is poised for substantial growth, with an estimated value of USD 9.4 billion in 2022 and a projected CAGR of 8.1% to reach USD 13.9 billion by 2027.
Rising Importance of Environmental Testing
The significance of environmental testing is escalating, driven by increasing public awareness of environmental issues and the rapid dissemination of information via social media. Stringent regulations imposed by…
Sports Analytics Market Global Size, Share, Historical Analysis, Development Str …
The Sports Analytics Market size to grow from USD 2.5 billion in 2021 to USD 8.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 27.3% during the forecast period. Various factors such as increasing spending on adoption of newer technologies, changing landscape of customer intelligence to drive the market, and proliferation of customer channels are expected to drive the adoption of sports analytics technologies and services.
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Penetration Testing Market Growth, Share, Opportunities, Emerging Technologies A …
The global Penetration Testing Market is proliferating, valued at USD 1.7 billion in 2024 and expected to reach USD 3.9 billion by 2029, with a significant % growth rate of 17.1%.
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The remarkable growth is attributed to several factors, such as cyber threats, which are constantly evolving, becoming more complex, and posing ongoing challenges. Organizations are placing a greater emphasis on cybersecurity, actively fortifying their defenses against…
Plant-based Meat Market Revolutionary Trends and Industry Statistics by 2027
The global plant-based meat market is experiencing significant growth, with projections indicating substantial expansion in the coming years. According to a research report titled "Plant-based Meat Market by Source, Product, Type, Distribution Channel, and Region," published by MarketsandMarkets, the market was valued at USD 7.9 billion in 2022 and is anticipated to reach USD 15.7 billion by 2027, exhibiting a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast…
Global Pet Food Ingredients Market Shows Strong Growth: Insights and Projections
A recent research report by MarketsandMarkets sheds light on the flourishing pet food ingredients market, indicating a steady rise from USD 34.2 billion in 2023 to an estimated USD 47.4 billion by 2028, with a compound annual growth rate (CAGR) of 6.8%. The surge is attributed to advancements in pet nutrition research, leading to the development of specialized components tailored to specific nutritional needs. This growth is further fueled by…
Digital Signature Market Analysis By Trends, Size, Share, Future Growth - 2028
The global Digital Signature Market size is projected to grow from USD 7.4 billion in 2023 to USD 34.8 billion by 2028 at a CAGR of 36.4% during the forecast period.
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The market for Digital Signature has seen significant expansion due to the rising incidence of digital fraud, stringent regulatory standards and data privacy compliances, increase in eCommerce and remote work, and the need for secure authentication…
Fake Image Detection Market Statistics, Share, Growth, Industry Size Analysis
The Fake Image Detection Market size is projected to grow from USD 0.6 billion in 2024 to USD 3.9 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 41.6% during the forecast period.
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The key driver for the adoption of fake image detection solutions lies in the imperative to mitigate potential legal liabilities and reputational risks. With the increasing sophistication of image…
Digital Transformation Market Global Size, Growth Factors, Top Leaders, Opportun …
The global Digital Transformation Market size is to grow from USD 695.5 billion in 2023 to USD 3,144.9 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 24.1% during the forecast period.
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As per verticals, the healthcare, life sciences & pharmaceuticals segment is to grow at the highest CAGR during the forecast period.
The healthcare, life sciences & pharmaceuticals vertical is expected to grow at…
Mass Notification System Market Size, Trends, Share, Competitive Landscape Analy …
The global market for Mass Notification System is projected to grow from USD 23.8 billion in 2024 to USD 65.1 billion by 2029, at a CAGR of 22.3% during the forecast period.
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Recognized as a vital component of organizational safety initiatives, mass notification systems streamline safety protocols by swiftly delivering predefined messages that alert individuals to various situations and provide clear safety directives. Whether facing natural disasters…
Expanding Horizons: The Growth Trajectory of the Global Bone & Joint Health Supp …
The bone & joint health supplements market has been on a steady rise, driven by various macroeconomic and microeconomic factors across key countries. According to a research report titled "Bone & Joint Health Supplements Market" by MarketsandMarkets, the market was estimated to be valued at USD 11.7 billion in 2022, with projections indicating a surge to USD 17.6 billion by 2027, marking a robust CAGR of 8.5% during the forecast…
Exploring the Global Human Milk Oligosaccharides (HMO) Market: Trends, Growth Dr …
A comprehensive research report titled "Human Milk Oligosaccharides Market by Type, Application, Concentration & Region - Global Forecast to 2027" sheds light on the dynamics of the global HMO market. Estimated at USD 199 million in 2022, the market is anticipated to soar to USD 556 million by 2027, registering a robust CAGR of 22.7% during the forecast period. Macro-economic and micro-economic factors, particularly evident in key countries, are poised…
Wi-Fi Market Size, Trend, Growth Rate, Latest Research News
The Wi-Fi Market size is expected to grow from USD 14.5 billion in 2023 to USD 39.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period.
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People use smart devices and smart technologies extensively to improve their living standards. The development of various Wi-Fi-enabled devices in the market has increased consumers' demand, which, in turn, has increased the sale…
Predictive Maintenance Market Size, Share, Growth and Industry Trends Analysis R …
Predictive Maintenance Market size is estimated to grow from USD 10.6 billion in 2024 to USD 47.8 billion in 2029, at a CAGR of 35.1% during the forecast period.
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The driving factors for the predictive maintenance market include the widespread adoption of emerging technologies like IoT sensors and data analytics, enabling real-time monitoring of equipment health. The integration of machine learning (ML) and artificial intelligence (AI) algorithms…
Insights into the Global Kombucha Market Trends and Growth Dynamics
The global kombucha market is poised for significant expansion, as indicated by a recent research report titled "Kombucha Market by Product Type, Type, Nature, Packaging, Distribution Channel & Region - Global Forecast to 2029," published by MarketsandMarkets. The report forecasts a remarkable surge from an estimated USD 2.4 billion in 2024 to a projected USD 5.9 billion by 2029, reflecting a robust CAGR of 19.4% during the forecast period.
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Feed Plant-Based Protein Market Size, Share and Growth Trends
The global feed plant-based protein market, as analyzed in the report titled "Feed Plant-based Protein Market by Source (Soy, Wheat, Pea, Sunflower), Livestock (Pets, Swine, Ruminants, Poultry, and Aquatic Animals), Type (Concentrates & Isolates), and Region (North America, Europe, Asia Pacific, and RoW) - Global Forecast to 2025" by MarketsandMarkets, showcases promising growth prospects. The market, valued at USD 2.5 billion in 2020, is anticipated to reach USD 3.4 billion…
Overview of the Global Food Disinfection Market: Trends, Forecasts, and Leading …
The global food disinfection market is projected to reach a value of USD 14.9 billion by 2025, with a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast period. This growth is fueled by factors such as increasing occurrences of foodborne diseases and rising safety concerns related to food consumption. Chemical disinfectants, rather than thermal or radiation techniques, are predominantly utilized in food production facilities.
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Market Dynamics:
The…
Location Analytics Market Global Trends, Size, Segments and Growth Analysis
The Location Analytics Market for Location analytics is estimated to grow from USD 20.6 billion in 2023 to USD 38.5 billion by 2028, at a CAGR of 13.4% during the forecast period.
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Location analytics is a global game-changer for businesses, utilizing geospatial data to provide insights for strategic decisions and operational excellence. It optimizes market expansion, customer engagement, and supply chain efficiency. With location-based insights, companies proactively…
Enterprise Video Market Size, Share Leaders, Current Status Analysis
The Enterprise Video Market size is expected to grow from USD 23.8 billion in 2024 to USD 35.8 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 8.6% during the forecast period.
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Some crucial driving factors that leverage market growth include enhanced employee engagement and training, globalization and cross-border communication, integration of AI and analytics in video solutions, and demand for personalized customer experiences,…
Transportation Management System Market Size, Share, Regional Trends, Developmen …
The Transportation Management System Market is projected to grow from USD 13.5 billion in 2023 to USD 33.3 billion by 2028, at a CAGR of 19.7% during the forecast period. The demand for transportation management system solutions is anticipated to rise due to the growing need for management systems across the verticals for cost reduction and improving operational efficiency.
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By offering, the solutions segment holds the largest…
Cloud Computing Market Size, Share, Industry Profit Growth Analysis
The global Cloud Computing Market size is expected to grow from USD 626.4 billion in 2023 to USD 1,266.4 billion by 2028 at a CAGR of 15.1% during the forecast period.
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Cloud providers can achieve economies of scale by pooling computing resources and distributing costs across many users; this allows organizations to access computing power and storage without significant upfront investments in infrastructure.
The cloud computing market is…
Mulch Films Market Size, Share, Dynamics and Growth Trends
The mulch films market has witnessed substantial growth in recent years, underpinned by its pivotal role in modern agriculture. Valued at USD 7.8 billion in 2023, it is projected to soar to USD 10.6 billion by 2028, boasting a robust CAGR of 6.5% during the forecast period (2023-2028). Mulch films, thin layers of plastic or alternative materials placed atop soil surfaces, serve multifaceted purposes including weed suppression, moisture retention, and…
ICS Security Market Size, Trends, Share, Growth, Competitive Landscape
The global ICS Security Market size is projected to grow from USD 17.8 billion in 2023 to USD 25.1 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period-integration of IT and OT systems driving expansion in ICS security solutions. However, a shortage of skilled analysts for analyzing critical ICT systems may hinder market growth.
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Based on the component, services segment…
Large Language Model Market Global Size, Trends, Investments, Share, Leading Pla …
The Large Language Model Market is set to experience rapid growth, projected to surge from USD 6.4 billion in 2024 to USD 36.1 billion by 2030, at a CAGR of 33.2% during the forecast period of 2024-2030.
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The growing imperative for improved communication between humans and machines and escalating demand for automated content creation and curation, increasing accessibility of extensive datasets are driving forces propelling the large…
Beverage Cans Market: Driving Forces, Trends, and Regional Insights
The global beverage cans market, valued at $23.7 billion in 2021, is projected to reach $31.2 billion by 2026, with a compound annual growth rate (CAGR) of 5.6% during 2021-2026. This growth is primarily fueled by increasing demand for sustainable packaging, heightened environmental awareness, and the convenience offered by beverage cans. While challenges like rising raw material costs persist, the market benefits from factors such as ease of transportation and…
Global Baking Ingredients Market Report: Trends, Insights, and Projections
The global baking ingredients market is poised for significant growth, projected to reach USD 22.3 billion by 2026, with a compound annual growth rate (CAGR) of 6.0% from 2021 to 2026. This surge is primarily attributed to the increasing demand for bakery products worldwide. Bakers rely on a range of key ingredients to craft a variety of delicacies, from muffins and cupcakes to elaborate cakes and cookies, each ingredient playing…
Driving Forces Behind the Growth of the Global Non-Thermal Pasteurization Market
The global non-thermal pasteurization market, estimated at USD 2.3 billion in 2023, is poised for substantial expansion, projected to reach USD 5.7 billion by 2028, with a compound annual growth rate (CAGR) of 20.0%. Several factors contribute to this growth trajectory, including the increasing consumption of protein-based food products, frozen meat, fruits, and vegetables, alongside a growing preference for healthy food options, particularly in developed countries.
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Adoption of…
Cold Chain Market worth $372.0 billion by 2029 | Driving Forces Behind the Marke …
The global cold chain market, valued at USD 228.3 billion in 2024, is poised for significant growth, expected to reach USD 372.0 billion by 2029, with a robust compound annual growth rate (CAGR) of 10.3%. This projection, detailed in a research report by MarketsandMarkets, reflects the dynamic landscape of the cold chain industry driven by several key factors.
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Organized Retail Sector Growth
The surge in the organized retail sector,…
Yeast Market is Projected to Reach $8.5 billion by 2029
The global yeast market is on a trajectory of remarkable expansion, as indicated by a recent research report titled "Yeast Market by MarketsandMarkets." Valued at USD 5.5 billion in 2024, the market is projected to surge to USD 8.5 billion by 2029, boasting a robust Compound Annual Growth Rate (CAGR) of 8.9% throughout the forecast period. This growth is propelled by increasing demands in key sectors such as bakery products,…
Non-meat Ingredients Market is Projected to Reach $51.1 billion by 2029
The global non-meat ingredients market is experiencing significant growth, as outlined in a recent research report by MarketsandMarkets. Valued at USD 41.2 billion in 2024, the market is projected to reach USD 51.1 billion by 2029, showcasing a robust compound annual growth rate (CAGR) of 4.4% during the forecast period. Non-meat ingredients are proving to be essential in differentiating meat products in a competitive market landscape, providing manufacturers with the…
Managed Services Market Size, Share, Regional Trends, Development Strategy Compe …
The Managed Services Market size is expected to grow from USD 275.5 billion in 2023 to USD 372.6 billion by 2028 at a compound annual growth rate (CAGR) of 6.2% during the forecast period. Managed service providers (MSPs) actively monitor the client's systems and infrastructure. Leveraging advanced monitoring tools and technologies can identify and address potential issues before they escalate into major problems, minimizing downtime and disruption.
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Indoor Location Market Size, Share, Industry Profit Growth Analysis Report - 202 …
The Indoor Location Industry is projected to grow from USD 10.9 billion in 2023 to USD 29.8 billion by 2028, at a CAGR of 22.3% during the forecast period. The demand for indoor location solutions is anticipated to rise as a result of the growing number of applications powered by BLE tags and beacons.
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Based on offerings, the hardware segment to hold the largest market size during…
Insights into the Growing Organic Fertilizers Market: Trends, Drivers, and Regio …
The global organic fertilizers market is witnessing remarkable growth, with estimations projecting an increase from USD 7.9 billion in 2024 to USD 13.6 billion by 2029, representing a robust CAGR of 11.5% during the forecast period. This surge is propelled by various factors, including concerns over the environmental impact of synthetic fertilizers, increasing consumer preference for organic food, and the growing demand for sustainable agricultural practices.
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Here's…
The Expanding Landscape of the Probiotics Market: Trends, Drivers, and Regional …
The probiotics market is on a trajectory of significant growth, driven by factors such as increasing consumer awareness, technological advancements, and evolving dietary preferences. Projections indicate a robust expansion in the coming years, highlighting a shift towards preventive healthcare and the incorporation of probiotics into diverse product categories.
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Factors Driving Market Growth:
Consumer awareness of probiotics' health benefits, particularly in digestive health, is a primary catalyst for market expansion.…
Blockchain Market Trends, Size, Share, Growth Insight, Leading Players Analysis
The global Blockchain Market will grow from an estimated USD 7.4 billion in 2022 to USD 94.0 billion by 2027, at a compound annual growth rate (CAGR) of 66.2%. High adoption of blockchain technologies for payments, smart contracts and digital identities is expected to boost the market. Moreover, opposition from incumbents may hinder the market growth.
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By component, platforms to hold highest market share during forecast…
Field Service Management Market Share, Size, Trends, Segments, Growth Analysis
The Field Service Management Market is expected to grow from USD 4.0 billion in 2023 to USD 7.3 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period. The growing manufacturing sector and expanding services industries boost the growth of the field service management market during the forecast period.
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By offering, the solutions segment will hold a larger market size during…
Emotion Detection And Recognition Market Top 10 Companies, Trends, Growth Factor …
The global Emotion Detection And Recognition Market size is projected to grow from USD 23.5 billion in 2022 to USD 42.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period.
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The major factors driving the market growth include the adoption of IoT, AI, ML, and deep learning technologies across the globe, growing demand for emotion recognition models by intelligent…
Digital Risk Protection Market Trends, Statistics, Size, Share, Regional Analysi …
The global Digital Risk Protection Market is growing quickly, valued at USD 64.4 billion in 2023 and expected to reach USD 157.8 billion by 2028, with a significant growth rate of 19.6%.
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This growth is driven by the ongoing and evolving cyber threats, which are becoming more complex and sophisticated. Organizations are strengthening their cybersecurity defenses to combat the various tactics used by cybercriminals. With the rise…
Explosive Growth Projected for Bakery Premixes Market: A Key Ingredient in Globa …
According to a recent report by MarketsandMarkets, the bakery premixes industry is set for remarkable expansion, with a forecasted value of USD 544 million by 2028, reflecting a robust Compound Annual Growth Rate (CAGR) of 6.0%. This growth is attributed to the pivotal role of premixes in fortifying bread and bakery products with essential nutrients, contributing to improved nutrition and food security globally.
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Driving Factors and Market Dynamics
The…
Role-Based Access Control Market Size, Share, Latest Technology, Industry Trends …
The Role-Based Access Control Market size is expected to grow from USD 8.7 billion in 2022 to USD 15.5 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period.
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By component, the services segment is expected to grow at a higher CAGR during the forecast period.
The services segment includes professional services. Professional services have been further classified into implementation & integration,…
Open Banking Solutions Market Size, Share, Growth, Trends, Industry Forecast To …
The Open Banking Solutions Market size is expected to grow from USD 5.5 billion in 2023 to USD 11.7 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.0% during the forecast period.
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Stringent regulations like PSD2 and CMA Order drive adoption of the market, innovations in APIs, data analytics, and cybersecurity, and Fintech companies offering agile solutions that disrupt traditional banking models are a…
Social Media Management Market Size, Opportunity, Manufacturers, Growth Factors …
The Social Media Management Market is projected to grow from USD 17.5 billion in 2022 to USD 51.8 billion by 2027, at a compound annual growth rate (CAGR) of 24.2% during the forecast period.
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The social media management market is expected to grow at a significant rate during the forecast period, owing to various business drivers. Some factors driving the growth of the social media management market…
Identity Verification Market Size, Trends, Share, Growth, Competitive Landscape …
The global Identity Verification Market is projected to grow from USD 10.9 billion in 2023 to USD 21.8 billion by 2028 at a compound annual growth rate (CAGR) of 14.9% during the forecast period.
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Increasing regulatory requirements worldwide, such as KYC and AML mandates, compel businesses to adopt robust identity verification solutions, driving market growth. Compliance with stringent financial crime prevention and data protection regulations increases…
Navigating Growth: The Dynamics of the Omega-3 Market
The omega-3 market is forecasted to reach USD 7.4 billion by 2029, exhibiting a notable CAGR of 13.5% from USD 3.9 billion in 2024. This growth trajectory is propelled by shifting consumer preferences towards sustainable and plant-based alternatives, alongside innovations in product formats aimed at enhancing convenience and appeal.
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Traditional fish oil sources are no longer the exclusive option, as sustainable and plant-based substitutes such as algae, flaxseed,…
Advancing Sustainable Agriculture: The Growth of Biopesticides Market
The increasing recognition of environmental and health risks associated with synthetic pesticides is driving farmers to seek sustainable alternatives. Biopesticides, derived from natural sources, are emerging as a viable solution, promoting crop protection while minimizing negative environmental impacts. Their integration into integrated pest management (IPM) strategies allows for targeted pest control, fostering sustainable agricultural practices globally.
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According to a report by MarketsandMarkets, the biopesticides market is expected to…
Navigating the Global Landscape of Protein Ingredients: Trends and Insights
The protein ingredients market is witnessing robust growth, with projections indicating substantial expansion by 2028. Factors such as increasing consumer awareness, health consciousness, and evolving consumption patterns are driving this growth trajectory.
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Market Overview:
According to a recent report by MarketsandMarkets, the global protein ingredients market was valued at USD 61.0 billion in 2023, with an estimated CAGR of 7.0% through 2028. This growth is attributed to various macroeconomic…
Nourishing Growth: Exploring the Dynamics of the Global Feed Additives Market
Driving Forces Behind Market Expansion
The global feed additives market, estimated at USD 42.2 billion in 2023, is poised to reach USD 55.8 billion by 2028, reflecting a robust CAGR of 5.8%. These additives, vital in enhancing nutritional value and improving animal health, are increasingly pivotal in addressing challenges faced by farmers and feed producers.
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Addressing Agricultural Challenges
Feed additives play a crucial role in ensuring efficient livestock production, offering…
The Global Food Colors Market Expected to Reach $6.0 Billion by 2028
A recent research report by MarketsandMarkets titled "Food Colors Market by Type, Application, Source, Form, Solubility, and Region - Global Forecast to 2028" forecasts the food colors market to grow from USD 4.6 billion in 2023 to USD 6.0 billion by 2028, with a CAGR of 5.4% during this period.
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The processed and packaged food & beverage markets play a significant role in driving the growth of the…
Hydroponics Market is Poised for Sustained Growth in the Coming Years
The global hydroponics system market, valued at USD 12.1 billion in 2022, is poised to reach USD 25.1 billion by 2027, according to a research report by MarketsandMarkets. Simultaneously, the hydroponics crop market, estimated at USD 37.7 billion in 2022, is projected to hit USD 53.4 billion by 2027, showcasing a CAGR of 7.2%. The surge in indoor farming has spurred advancements in artificial lighting technology, particularly LED, renowned for…
Unveiling the Growth Trajectory of the Agricultural Micronutrient Market | Overv …
The global agricultural micronutrient market is experiencing robust growth, fueled by a burgeoning focus on sustainable agricultural practices and efficient crop nutrient management. With the world's population steadily increasing, integrated nutrition management strategies incorporating micronutrients have become indispensable. These strategies not only promise enhanced crop yields and improved food quality but also champion long-term agricultural sustainability.
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Market Overview and Growth Projections
In 2023, the agricultural micronutrient market was estimated…
Product Engineering Services Market Share, Revenue, Growth, Leading Growth Drive …
The global Product Engineering Services market size is expected to grow from USD 1056.2 billion in 2022 to USD 1510.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 7.4 % during the forecast period.
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The major factors driving the growth of the Product Engineering Services market include increasing demand for advanced technology, IoT engineering, smart homes and electronic vehicles.
KBE segment to hold the…
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