Press Releases from Markets and Markets (1729 total)
Unveiling Growth Avenues in the Global Collagen Market: Trends and Projections
In a recent report titled "Collagen Market by Product Type, Application, Source, Form, Type, Extraction Process, and Region - Global Forecast to 2030," MarketsandMarkets projects the global collagen market to witness substantial growth, reaching an estimated value of USD 7.2 billion by 2030 from USD 4.7 billion in 2022. The market is anticipated to record a CAGR of 5.3% during the forecast period, driven by various factors, including the rising…
Global Biostimulants Market: Trends, Growth Drivers, and Regional Dynamics
According to the recent research report titled "Biostimulants Market by Active Ingredient, Mode of Application, Form, Crop Type, and Region - Global Forecast to 2027" by MarketsandMarkets, the global biostimulant market is valued at USD 3.5 billion in 2022 and is projected to reach USD 6.2 billion by 2027, exhibiting a CAGR of 11.8% during the forecast period.
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Key Market Dynamics:
Disasters and Agricultural Impact: Disasters, such as droughts,…
Agricultural Micronutrients Market is Projected to Reach $6.9 billion by 2028
The global agricultural micronutrients market is poised for substantial expansion, projected to reach USD 6.9 billion by 2028 with a CAGR of 8.6%. A research report by MarketsandMarkets highlights key factors driving this growth and sheds light on market dynamics.
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Key Findings:
Increasing Focus on Agricultural Yield and Crop Quality:
The primary driver is the global push to enhance agricultural yield and crop quality, necessitating the use of micronutrient…
Mulch Films Market is Projected to Reach $10.6 billion by 2028
According to a recent research report published by MarketsandMarkets, the mulch films market is anticipated to witness substantial growth from 2023 to 2028. The report titled "Mulch Films Market by Type, Application, Element, and Region - Global Forecast to 2028" indicates that the market, currently valued at USD 7.8 billion in 2023, is projected to reach USD 10.6 billion by 2028, exhibiting a CAGR of 6.5%. This growth is attributed…
The UAE Managed Detection And Response (MDR) Market Is Growing At 24.3% Cagr Owi …
The UAE is a federation of seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. The UAE is one of the most digitally advanced countries in the Middle East, with the second-highest smartphone adoption rate globally and thus prone primarily to security threats. Cyberattacks in the region are majorly targeting major vital infrastructures, mainly financial institutions and oil and gas verticals. Thus, the MDR market is…
Knowledge Graph Market Size, Share, Growth, Trends, Competitive, Regional Analys …
The Knowledge Graph Market size is projected to grow from USD 0.9 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 21.8% during the forecast period, according to MarketsandMarkets.
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As data ecosystems become more complex, organizations are seeking advanced tools and technologies to manage and derive value from diverse and interconnected data sources. Knowledge graphs provide a comprehensive view of complex data relationships,…
Government-led initiatives, such as the UAE Pass and the National ID program, ar …
The increasing shift towards digital transformation across various sectors and the extensive availability of e-government services has propelled the demand for digital identity solutions. Individuals and businesses increasingly rely on secure digital identities to access government services, conduct online transactions, and interact with various entities seamlessly.
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As part of the nation's efforts to encourage digitalization, the UAE's Finance Ministry has announced the deployment of digital identification in…
Wi-Fi Market Size, Growth Status & Latest Application, Share Analysis
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 of…
Growing Demand for Food Pathogen Testing: Ensuring Safety and Compliance
The food pathogen testing market, valued at USD 15.1 billion in 2023, is anticipated to reach USD 22.7 billion by 2028, with a CAGR of 8.4%. The escalating demand for these services is attributed to rising consumer awareness of foodborne illnesses and an increasing emphasis on food safety by regulatory bodies and government agencies. The globalization of the food supply chain has further amplified the need for robust testing measures…
Plant-Based Protein Market is Projected to Reach $19.2 billion by 2028
The plant-based protein market, currently valued at USD 13.3 billion, is projected to reach USD 19.2 billion by 2028, growing at a CAGR of 7.7%. This surge in demand is primarily fueled by the growing popularity of plant-based proteins, attributed to their nutritional benefits and sustainability. Consumer preferences are shifting towards healthier and environmentally friendly protein alternatives, prompting the exploration of diverse plant-based protein sources.
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Market Dynamics:
The…
Italy's Booming Digital Economy Spurs Robust Growth In Cloud Security Solutions
The rapid expansion of Italy's digital economy has spurred a significant increase in the demand for cloud security solutions. In December 2022, the Italian government launched the National Strategic Hub (PSN), designed to host critical data from public administration entities, with the ambitious goal of having 75 percent of government offices utilizing cloud services by 2026. This initiative involves deploying four data centers to ensure the reliability and security of…
AI Toolkit Market Size, Share, Growth, Trends and Forecast - 2028
The AI Toolkit Market is estimated at USD 19.5 billion in 2023 to USD 91.6 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 36.2%.
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The adoption of AI toolkits for the development of chatbots and virtual assistants in customer service represents a pivotal driver in the growth of the AI toolkit market. This trend has gained substantial traction, primarily due to its ability to…
Cloud Computing Market Growth in Saudi Arabia
Saudi Arabia's Cloud Computing Market: Shaping the Digital Future with Vision and Innovation
Saudi Arabia's cloud computing market is on a visionary ascent, signifying the nation's commitment to embracing technological innovation. The market's rapid growth reflects the expanding footprint of cloud technologies across industries and sectors.
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Leading global cloud service providers, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, have established a significant presence in…
Vector Database Market Share, Size, Statistics, Growth, Opportunity, Trends Anal …
The global Vector Database market size is expected to grow from USD 1.5 billion in 2023 to USD 4.3 billion by 2028 at a CAGR of 23.3% during the forecast period.
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As AI and machine learning applications grow, vector databases are crucial in storing and querying high-dimensional data, such as embeddings from deep learning models. This trend will persist as AI and ML adoption expands.
The vector database…
Global Gummy Supplements Market to Reach USD 48.5 Billion by 2028
The global gummy supplements market is poised to grow from USD 24.6 billion in 2023 to USD 48.5 billion by 2028, exhibiting a CAGR of 14.5% during the forecast period in terms of value.
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The World Health Organization (WHO) highlights that over two billion people worldwide suffer from micronutrient insufficiency, leading to various health concerns, particularly among young individuals and pregnant women.
Micronutrient deficiencies can lead to…
Process Mining Market Size, Growth, Share, Trends, Key Players Report
The Process Mining Market is set to experience rapid growth, projected to surge from USD 1.8 billion in 2023 to USD 12.1 billion by 2028, at a CAGR of 45.6% during the forecast period of 2023-2028.
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This remarkable expansion is driven by a confluence of factors. First and foremost, As businesses grow and expand, their processes become more complex and interconnected. This can make it difficult to…
Global Juice Concentrates Market Expected to Reach USD 93.7 Billion by 2027, Fue …
According to a recent research report by MarketsandMarkets, titled "Juice Concentrates Market by Type, Application, Ingredient, Form, and Region - Global Forecast to 2027," the global juice concentrates market is projected to witness significant growth, reaching a value of USD 93.7 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period. This growth is attributed to the increasing adoption of a healthy lifestyle, leading…
Conversational AI Market Size, Trends, Share, Growth, Competitive Landscape Anal …
Growing retail and eCommerce industry to fuel demand for conversational AI solution
Conversational AI solution is being widely adopted by businesses in Italy to enhance customer service. Chatbots and virtual assistants respond immediately to customer inquiries, improving response times and overall customer satisfaction. In Italy's highly competitive eCommerce vertical, conversational AI solutions guide users through shopping, recommend products, answer customer queries, and facilitate purchases. Conversational AI plays a crucial role in…
Digital Forensics Market Size, Trends, Investments, Share, Leading Players Analy …
The global Digital Forensics Market size is projected to grow from USD 9.9 billion in 2023 to USD 18.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period.
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The expansion of the digital forensics market is propelled by the increasing prevalence of cybercrimes and the expanding digital landscape. This surge in cybercrimes has made digital forensics indispensable for law enforcement,…
Food Diagnostics Market is Projected to Reach $23.5 billion by 2028
The global food diagnostics market is estimated at USD 16.2 billion in 2023 and is projected to reach USD 23.5 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. Food diagnostics involves a range of techniques and technologies used to detect contaminants, pathogens, allergens, and adulterants in food products. The market is primarily driven by the growing concerns regarding food safety, increasing consumer awareness, and stringent regulations…
Cloud Database and DBaaS Market Growth in Germany
Rising demand for cloud services and advancement of digitization to fuel demand for cloud database and DBaaS market.
German businesses are undergoing digital transformation efforts, focusing on migrating from traditional on-premises databases to cloud-based databases and DBaaS solutions. This trend is driven by the need for agility, scalability, and cost-efficiency in a rapidly changing business environment. Given Germany's strict data protection regulations and the European Union's General Data Protection Regulation (GDPR),…
AI Code Tools Market Size, Share, Trend, Global Analysis, Key Players Demand Rep …
The market for AI code tools is estimated to grow from USD 4.3 billion in 2023 to USD 12.6 billion by 2028, at a CAGR of 24.0% during the forecast period.
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AI code tools, also known as artificial intelligence code tools or AI-powered code tools, are software applications and platforms that leverage artificial intelligence and machine learning technologies to assist developers in various aspects of the software…
Textured Vegetable Protein Market to Reach USD 1.9 Billion by 2027, Propelled by …
The Textured Vegetable Protein (TVP) market is on track to reach USD 1.9 billion by 2027, growing at a CAGR of 6.9% over the forecast period. Shifting dynamics within the food and beverage industry, driven by evolving consumer demands and technological innovations, are reshaping market trends. The rise in the global vegan population, along with the demand for better-textured meat alternatives, has been instrumental in driving the textured vegetable protein…
Smart Railways Market Size, Share, Analysis by Segmentation, Application Analysi …
The Smart Railways Market to grow from USD 28.9 billion in 2022 to USD 43.0 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period.
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The railway business is not immune to the transition as the globe becomes increasingly digitized. The railway industry, seen as a relatively conservative sector in adopting technology, has also recognized the advantages of becoming digitized.…
Frontline Workers Training Market Size, Future Trends, Regional Analysis, Segmen …
the global market for Frontline Workers Training Market is projected to grow from USD 21.9 billion in 2023 to USD 46.7 billion by 2028, at a CAGR of 16.4% during the forecast period.
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Frontline worker training is instrumental in equipping employees with the essential skills and knowledge for effective job performance. High-quality training investments mitigate performance issues and ensure ongoing customer satisfaction. Leveraging cost-effective online…
Top 10 Food Safety Testing and Technologies Trends is Projected to Reach $33.7 b …
According to a comprehensive research report titled "Top 10 Food Safety Testing and Technologies Trends" published by MarketsandMarkets, the food safety testing market is anticipated to expand at a compound annual growth rate (CAGR) of 8.2%. This growth trajectory is expected to propel the market from an estimated value of USD 22.7 billion in 2023 to reach a projected value of USD 33.7 billion by 2028.
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The report…
FOOD FLAVORS MARKET | KEY CHALLENGE | RECENT DEVELOPMENTS
The global Food Flavor Market size is expected to grow from USD 18.0 billion in 2022 to USD 21.3 billion by 2027 at a CAGR of 3.5 % from 2022 to 2027.
Growing consumer knowledge of their eating habits is a direct cause of the rising demand for food flavors for a key innovative trend in the food space, such as plant-based meat alternatives, plant-based dairy, plant-based ice creams, etc. One…
Cloud Computing Market Size, Share, Emerging Trends, Sales Revenue Analysis Repo …
The global Cloud Computing Market size is expected to grow from USD 545.8 billion in 2022 to USD 1,240.9 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period.
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The ever-increasing operational overheads and complexities related with on-premises hardware have facilitated the adoption of cloud computing, which is expected to aid companies in cutting down their Operational Expenditure (OPEX) and Capital…
Cloud ERP Market Analysis, Size, Share, Growth, Trends and Forecast 2028
The Cloud ERP Market size is expected to grow from USD 72.2 billion in 2023 to USD 130.5 billion by 2028 at a compound annual growth rate (CAGR) of 12.6% during the forecast period.
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Cloud ERP solutions are designed to facilitate integration with other software and services. They often include open APIs (Application Programming Interfaces) and connectors that make connecting the ERP system with a wide range…
Promising Growth Trajectory of the Beta-Glucan Market: Trends, Insights, and Key …
The beta-glucan market, as depicted in a research report by MarketsandMarkets, is anticipated to grow significantly, from an estimated USD 501 million in 2023 to a projected USD 734 million by 2028, at a notable CAGR of 7.9% during the period. The market's growth is driven by several factors, including the escalating demand for natural food additives in the food and beverage industry, the rising utilization of beta-glucan in pharmaceutical…
Growth Projections and Market Dynamics of the Global Soy Protein Ingredients Ind …
The global soy protein ingredients market has seen substantial growth, with projections indicating a rise from USD 7.7 billion in 2022 to USD 10.8 billion by 2027, at a 7.0% CAGR. Key factors driving this expansion include heightened consumer health awareness, a surge in demand for soy-based meat alternatives, evolving lifestyles, and changing consumption patterns.
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Expanding on these trends, the Asia Pacific region has emerged as a lucrative…
Unveiling the Transformative Surge: How LLM Market Expansion Catalyzes Generativ …
The market for generative artificial intelligence (AI) is anticipated to experience substantial expansion, ascending from a value of USD 11.3 billion in 2023 to a substantial worth of USD 76.8 billion by the year 2030. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 31.5% over the forecast period.
The past few years have seen explosive growth in large language models - AI systems trained on massive text…
Web 3.0 Market Comprehensive Research Reports, Size, Share, Industry Analysis Re …
The global market for Web 3.0 is projected to grow from USD 0.4 billion in 2023 to USD 5.5 billion by 2030, at a CAGR of 44.9% during the forecast period.
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Web 3.0 signifies a profound shift toward a more decentralized and democratic Internet ecosystem. It has emerged as a prominent buzzword, reflecting the growing interest in restructuring online interactions. Unlike the current internet, Web 3.0 envisions…
Global Top Trends in the Agricultural Biologicals Market Analysis Report 2023-20 …
The Top Trends in the Agricultural Biologicals Market is projected to grow at a CAGR of 13.7% from an estimated value of USD 14.7 billion in 2023 to reach USD 27.9 billion by 2028.
This growth can be attributed to various factors, including the increasing awareness of organic food, rising concerns about the risks associated with chemical usage, a high demand for valuable crops, increased awareness of residue levels in food,…
Cloud Native Storage Market Global Trends, Size, Segments and Growth by Forecast …
The Cloud Native Storage Market is projected to grow from USD 16.0 billion in 2023 to USD 45.8 billion by 2028, at a compound annual growth rate (CAGR) of 23.3% during the forecast period.
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The cloud native storage market is expected to grow significantly during the forecast period, owing to various business drivers like increased data volumes across enterprises, ease of switching from on-premises to cloud native…
Federated Learning Market Size, Share, Regional Trends, Development Strategy Com …
The global Federated Learning Market size to grow from USD 127 million in 2023 to USD 210 million by 2028, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. Federated learning is a revolutionary innovation technique that is still in its experimental stage. Currently, healthcare and life sciences, and BFSI verticals have the most developments. Various other verticals are also concentrating on information security, tailoring, and…
Data Loss Prevention Market Size, Share, Growth, Trends, Demand, Statistics Anal …
The Data Loss Prevention Market size is projected to grow from USD 3.4 billion in 2023 to USD 8.9 billion by 2028, at a CAGR of 21.2% during the forecast period, according to MarketsandMarkets.
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The DLP solutions mainly focus on the classification and monitoring of data that may be in motion, rest, or at the endpoint, as these solutions provide enterprises with the leverage to stop the…
Cloud Security Posture Management (CSPM) Market Size, Trends, Share, Growth, Com …
The global post COVID-19 market size of the Cloud Security Posture Management (CSPM) Market is expected to grow from USD 4.2 billion in 2022 to USD 8.6 billion by 2027 at a CAGR of 15.3% during the forecast period.
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Low visibility across the IT infrastructure and increase in configuration errors in cloud infrastructure, absence of efficient security tools and processes to handle the cloud-based environments and…
Remote Work Security Market Size, Trends, Investments, Share, Leading Players An …
The Remote Work Security Market is expected to reach USD 136.0 billion by 2028 from USD 51.7 billion in 2023, at a CAGR of 21.3 % during 2023-2028.
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The adoption of remote work has experienced a remarkable surge in recent years, driven by advancements in technology and the global impact of the COVID-19 pandemic. Organizations of all sizes have embraced this paradigm shift, solidifying its widespread acceptance…
Insights and Projections for the Seed Treatment Market 2022-2027
According to a comprehensive research report titled "Seed Treatment Market by Type, Application Technique (Coating, Dressing, Pelleting), Function (Seed Protection and Seed Enhancement), Formulation, Crop Type (Cereals & Grains, Oilseeds, Fruits & Vegetables) and Region - Global Forecast to 2027," the global seed treatment market was valued at USD 6.1 billion in 2022. It is expected to grow at a CAGR of 8.3%, reaching USD 9.2 billion by 2027.
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Global Food Robotics Market Continues to Surge, Projected to Reach USD 4.0 Billi …
According to a recent report by MarketsandMarkets, the global food robotics market is experiencing a rapid expansion, with an estimated value of USD 1.9 billion in 2020 and an expected surge to USD 4.0 billion by 2026, indicating a remarkable CAGR of 13.1% during the forecast period. This growth is primarily attributed to the escalating demand for food products, driven by an increasing global population, and the need for improved…
Growth of Agricultural Microbials Market and Key Industry Player Insights
According to the research report published by MarketsandMarkets, the global agricultural microbials market is projected to undergo significant growth, with estimations pointing to a value of USD 12.6 billion by 2027, with a notable CAGR of 14.6% during the forecast period.
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Several macroeconomic and microeconomic factors, coupled with the decreasing per capita arable land and increasing demand for fruits and vegetables, have fostered the trend of investing…
Smart Water Management Market Size, Share, Industry Analysis and Comprehensive R …
The Smart Water Management Market size is expected to grow from USD 16.6 billion in 2023 to USD 28.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period.
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Smart water management is the use of information and communication technologies (ICT) to improve the efficiency and effectiveness of water management. It involves collecting and analyzing data from water sensors and other…
Mobile Device Management Market Share, Revenue, Growth, Leading Growth Drivers
The global Mobile Device Management Market size is expected to grow from USD 6.9 billion in 2022 to USD 22.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period. The increasing 5G transformation of mobile devices is driving the growth of the MDM market.
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Services segment is to grow at the highest CAGR during the forecast period
Services are vital…
MVNO Market Size, Share, Emerging Trends, Growth Factors Analysis
The MVNO Market size is projected to grow from USD 84.6 billion in 2023 to USD 116.8 billion by 2028, at a CAGR of 6.7% during the forecast period, according to MarketsandMarkets. MVNOs can leverage this advantage to offer seamless connectivity services across multiple regions, enabling multinational IoT deployments and leading to significant market growth.
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Based on subscriber, the enterprise segment is expected to grow with the…
Identity Verification Market Global Trends, Size, Segments and Growth Analysis R …
Global Identity Verification Market is projected to grow from USD 9.5 billion in 2022 to USD 18.6 billion by 2027, at a compound annual growth rate (CAGR) of 14.4% during the forecast period. Factors driving the market growth include increasing identity thefts and growing risks of fraudster access, stringent government regulations and mandates concerning privacy, and a rise in digitalization initiatives.
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By component, the services segment to…
Email Encryption Market Size, Share Leaders, Current Status, Demand Analysis Rep …
The global Email Encryption Market size is projected to grow from USD 6.2 billion in 2023 to USD 16.3 billion by 2028 at a CAGR of 21.3% during the forecast period.
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The Email Encryption market experienced substantial growth due to a surge in Email data breaches, an increase in BEC frauds and spear-phishing incidents, a rise in stringent government regulations and data privacy compliance, and advancements…
Growth Projections and Regional Dynamics of the Irrigation Automation Market
The global Irrigation Automation Market, estimated at USD 4.2 billion in 2022, is expected to exhibit a robust CAGR of 17.2%, reaching USD 9.2 billion by 2027.
The Irrigation Automation Market is witnessing a significant upsurge, characterized by a diverse range of systems, components, irrigation types, automation types, and end-use applications. With the Asia Pacific region leading the growth charge and North America maintaining its dominance, the market is poised for…
Global Fungicide Market Forecasted to Reach $28 Billion by 2027 Driven by Rising …
The "Fungicide Market by Type (Chemical, Biologicals), Mode of Application (Seed Treatment, Soil Treatment, Foliar Spray, Post-Harvest), Mode of Action (Contact, Systemic), Form (Dry, Liquid), Crop Type, and Region" report by MarketsandMarkets projects a substantial growth trajectory for the global fungicide market. Estimated at $20.8 billion in 2022, the market is anticipated to achieve $28 billion by 2027, demonstrating a steady CAGR of 6.1% during the forecast period. The surge…
Growth Projections and Factors Driving the Global Pea Protein Market
The global pea protein market, as per the report titled "Pea Protein Market by Type, Form, Source, Application, and Region - Global Forecast to 2027," is anticipated to witness substantial growth, with an estimated value of USD 1.7 billion in 2022 and a projected CAGR of 11.9%, reaching USD 2.9 billion by 2027. Notably, North America is expected to dominate the market both in terms of volume and value during…
