Press Releases from P&S Intelligence (8082 total)
Web Content Management Market to Witness a CAGR of 18.4% during 2020-2030
The web content management market growth is driven by the surging demand for digital marketing solutions, increasing demand for multi-channel customer experience management solutions, and expanding online retail industries. These growth drivers will increase the market size from $5,894.8 million in 2019 to $36,422.8 million by 2030. The market is expected to advance at a CAGR of 18.4% during the forecast period (2020-2030). Further, the market is currently witnessing the…
Blockchain Devices Market To Witness 48.7% Revenue Boom during 2020-2030
The blockchain devices market generated revenue of $0.3 billion in 2019, which is expected to reach $23.5 billion by 2030, at a CAGR of 48.7% during the forecast period (2020-2030)! The growth will be propelled by the expanding market of cryptocurrencies and spurring demand for blockchain solutions. The demand for cryptocurrencies has increased significantly in the last few years, as there is no central regulatory authority for it. The digital…
Rising Number of Data Breaches Driving Cyber Security Market Growth
A number of factors, such as the increasing number of cyber threats, surging penetration of smartphones and the internet, rapid growth in digitization, rising adoption of cloud computing, stringent government regulations for data privacy and the increasing requirement to safeguard customers' confidential data, as a result, are expected to drive the growth of the cyber security market at a CAGR of 12.6% during the forecast period (2020-2030). According to P&S…
Increasing Internet Penetration Fueling Virtual Fitting Room Market Expansion
The global virtual fitting room market revenue stood at $3,128.6 million in 2019, and it is predicted to rise to $19,250.4 million by 2030. Furthermore, the market will progress at a CAGR of 18.5% from 2020 to 2030 (forecast period), as per the estimates of the market research company, P&S Intelligence. The market is being driven by the growing popularity of online shopping, increasing penetration of smartphones, and soaring use…
Edge Data Center Market To Generate $53.1 Billion Revenue by 2030
A number of factors such as the commercialization of 5G, high demand for internet of things (IoT) devices, and dense over-the-top (OTT) and mobile data traffic are expected to drive the edge data center market at a CAGR of 25.4% during the forecast period (2020-2030). The market revenue stood at $5.3 billion in 2019, and it is projected to reach $53.1 billion by 2030. In recent years, the rising adoption…
Surging Deployment of Wi-Fi in Public Places Driving VoWiFi Market
The global voice over Wi-Fi (VoWiFi) market value stood at $2,035.3 million in 2019, and it is predicted to rise to $22,801.2 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 24.5% from 2020 to 2030 (forecast period). The rapid improvements being made in the overall quality of service (QoS) for users and increasing global Wi-Fi hotspot…
Optical Networking and Communication Market To Generate $32.8 Billion in 2030
A number of factors, such as the increasing demand for high bandwidth, surging mobile data traffic, and development of the machine-to-machine (M2M) and internet of things (IoT) technologies, are projected to boost the growth of the optical networking and communication market at a CAGR of 6.2% in the forecast period (2020-2030). At this growth rate, the market size is expected to reach $32.8 billion by 2030 from $16.9 billion in…
Flywheel Energy Storage Market Growth Analysis, Opportunities, Trends, Developme …
The flywheel energy storage market growth between 2021 and 2030 will thrive on the surging need for electricity in remote places, the increasing preference for traditional energy generation methods, and the rising number of government policies regarding electricity production. Flywheel storage systems play a vital role in traditional power generating plants, as they help meet the soaring energy demand and solve power quality problems, such as limiting CO2 emissions, data…
Global Energy Storage Market To Reach 240,956.9 MW by 2030
The total energy storage market was 171,039.3 Megawatts in 2019, and it is predicted to reach 240,956.9 MW by 2030. The growing focus on adopting alternative modes of power generation, increasing energy cost, and growing pollution allied with the traditional sources of energy are the major factors that have a positive impact on the growth in energy storage usage around the world. Due to these factors, the market growth will…
Global Generator Set Industry Size, Share, Latest Trends, Top Companies and Grow …
The generator set market is witnessing growth as a result of the increasing number of data centers and low production of power and widespread grid uncertainties around the world. As a result, the revenue garnered by generator manufacturers is expected to increase from $17,592.6 million in 2019 to $27,863.0 million by 2030, at a 5.8% CAGR during 2020-2030. A genset is a combination of an internal combustion engine (ICE), alternator,…
Diesel Generator Set Market Is on Track To Hit $21,929.9 Million by 2030
As a result of the increasing production and consumption of data on a worldwide scale, data centers have developed as a necessary component of the infrastructure for storing, processing, and delivering data-related services. More data centers are anticipated to be needed as a result of technological developments including autonomous vehicles and intelligent personal assistants as well as the growing use of IoT, digital currencies, and cloud computing. This will increase…
Non-Surgical Skin Tightening Market Demand, Size, Trends and Demand Forecast Rep …
The non-surgical skin tightening market size is expected to reach $2,059.7 million by 2030 from $1,140.6 million in 2021, at a 6.8% CAGR. In recent years, the increasing acceptance of aesthetic procedures among people has been pushing the market size. Therefore, companies offering these solutions have been vastly involved in product launches and in achieving regulatory approvals. Major companies in the market include Merz Pharma GmbH & Co KGaA, Cutera…
Bio-Based Cosmetics and Personal Care Ingredients Market Size, Share and Growth …
Compared to $4,550.6 million in 2021, the global bio-based cosmetics and personal care ingredients market is projected to generate $7,271.7 million by 2030, advancing at a CAGR of 5.3% during 2021-2030. The expanding cosmetics industry, spreading awareness regarding the side-effects of synthetic chemicals on the skin, and surging influence of advertisement strategies on consumer trust are propelling the market.
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Key Findings…
Gene Editing, Making the Most of AI in Genomics
In 2021 AI in the genomics market was around $519 million and will grow at a mammoth 50% growth by the end of this decade to reach $19,596 million by 2030. The growing size of genomics data sets, the advent of startups, and extensive R&D activities. Genomics research will generate a mammoth amount of data, of 2 to 40 exabytes, in the next decade. The growing size and intricacy of…
Mental Wellness Market Size, Share, and Growth Outlook to 2030
The mental wellness market has garnered $131.6 billion revenue, and it is projected to generate $226.1 billion in 2030, advancing at a rate of 6.2% from 2021 to 2030. Brain-boosting nutraceuticals & botanicals are significant revenue contributors to the mental wellness industry. Their contribution is projected to reach $59.2 billion in 2030, rising at a rate of 6%.
Natural herbals, botanicals, supplements, functional foods, and drinks developed with the specific objective…
Clinical Trials Outsourcing Market Demand, Size, and Growth Forecast to 2030
Outsourcing clinical trials has constantly been in the life sciences industry. It lets sponsors to emphasis on running the trial. But, with the advent of new knowhows, executive structure and culture have made subcontracting the standard at increasing and scaling pharma companies.
There's a fine between having much clinical trial oversight and controlling contract research organization, which can bring about not only wasting any advantage of outsourcing, but also…
How Does Gene Sequencing Propel Synthetic Biology Industry?
The synthetic biology industry garners $9,421.2 million revenue in 2021, and it is projected to generate $61,220.9 million in 2030, rising at a rate of 23.1% in the coming future. It is led by decreasing DNA sequencing costs, and precise and efficient next-genome sequencing systems availability at significantly lesser costs.
Moreover, the rising synthetic biology research initiatives with massive R&D funding from governments and private bodies fuel industry growth in…
SD-WAN Market To Generate $43.0 Billion Revenue by 2030
The surging requirement for cost-effective wide area network (WAN) management and automation solutions, increasing need for a simplified enterprise network architecture, the rising proliferation of bring-your-own-device (BYOD) policy at workplaces, burgeoning demand for big data and internet of things (IoT), booming demand for network privacy, accelerating cloud-based solutions deployment rate, and growing internet penetration will drive the software defined-WAN (SD-WAN) market at a healthy CAGR of 38.6% during the forecast…
AI in Agriculture Market To Advance at 24.8% CAGR between 2020 and 2030
The rising penetration of the internet of things (IoT) technology in the agriculture sector, mounting demand for high crop yields, increasing deployment of drones for pesticide spraying, surging need for real-time livestock monitoring, and growing focus on improved crop management are expected to drive the artificial intelligence (AI) in agriculture market at a CAGR of 24.8% during the forecast period (2020-2030). The market revenue stood at $852.2 million in 2019,…
AI in Cyber Security Market To Grow by 25.7% Between 2020 and 2030
The accelerating digitization of industries, surging mobile internet penetration, soaring investments by governments, information technology (IT) companies, and financial institutions in the artificial intelligence (AI) technology, and the increasing shift toward digital banking from traditional banking will drive the AI in cyber security market at a CAGR of 25.7% during the forecast period (2020-2030). The market was valued at $8.6 billion in 2019, and it is projected to reach $101.8…
U.A.E. Color Cosmetics Market To Generate $769.7 Million Revenue by 2030
A number of factors, such as the growing disposable income of people, rising public consciousness regarding physical appearance, escalating demand for organic color cosmetic products, booming population of working women, soaring number of digital marketing channels and influencers, and mounting investments in advertising and marketing campaigns are expected to drive the U.A.E. color cosmetics market at a CAGR of 7.6% during the forecast period (2020-2030). The market was valued at…
Surging Construction Industry Driving U.S. Mattress Market Growth
A number of factors, such as the growing construction industry, booming hospitality and tourism sectors, surging concern toward sound and healthy sleep, and increasing prevalence of back and spine problems, across the country, are expected to drive the growth of the U.S. mattress market at a CAGR of 4.8% during the foreseeable period (2020-2030). According to P&S Intelligence, the market generated $16,716.5 million revenue in 2020, and it is expected…
Rising Consumption of Nitro-Infused Beverages Led by Increasing Disposable Incom …
In 2021, nitro-infused beverages contribute $69.17 million, and it is projected to generate $366.07 million in revenue in 2030, advancing at a rate of 20.3% from 2021 to 2030. It is attributed to the increasing demand for nitro-infused beverages which includes changing consumer preferences, high demand for newly launched products, and growing disposable income of the population.
In addition, customers are required to pay extra for flavored and textured products.…
High Demand for Glutamic Acid in Pharmaceutical Sector Propels Industry
The glutamic acid industry contributes $10,496.0 million in 2021, and it is projected to generate $19,443.5 million in 2030, advancing at a rate of 7.1% from 2021 to 2030. Glutamic acid is an amino acid utilized for the production of proteins.
The glutamic acid is widely used in the food and beverage industry as an enhancer or additive. Besides this, it is also used in the animal feed, due to…
Saudi Arabia Facility Management Industry Latest Trends, Future Opportunity, Top …
With the expansion of the infrastructure industry, the demand for facility management services is surging in Saudi Arabia. The country has witnessed the launch of several construction projects in the recent years, and this trend will continue in the coming years, due to strong government support and the huge investments being made in this industry. For example, the government announced in January 2019 that it intends to invest $426 billion…
Seed Treatment Market Overview, Segment Analysis, Growth, Development and Demand …
The seed treatment industry is projected to rise in the near future due to various government and private organizations initiatives that enhance the crop yield, and improve the usage of the technologically advanced seed treatment solutions to improve seed quality, rising demand for basic grains and vegetables to the growing population.
The pandemic emphasized the global seed treatment industry to fulfill the basic requirement of the massive population. In this…
The Future of Self-Healing Materials
As they repair damage and further limit the entropy increase, self-healing materials aid in extending the life of systems. The building & construction, automobile, oil & gas, and aerospace, sectors are where these materials are most commonly used. Anti-scratch polyurethane coatings due to self-elastomers are used on car bodywork in the automotive industry. Self-healing asphalt is common to use in the construction industry. To increase the lifespan of asphalt roof…
How Does Rising Processed Food Consumption Impact Industrial Enzymes Market?
The rising environmental concerns, increase in demand for carbohydrase and protease in the food and beverage industry, and growing R&D activities leads to industrial enzyme market proliferation. The rapid industrialization, surging bioethanol demand, and advancements made in the nutraceutical sector also boost the market. Besides this, developments in enzyme engineering and green chemistry and the rising use of genetically engineered enzymes in the industry lead to market expansion.
Carbohydrases sales…
Global Water-Based Adhesive Specialty Tapes Market Growth, Development and Deman …
The water-based adhesive primarily uses adhesive technology that is beneficial to the environment. Most volatile chemical components are absent from this adhesive composition. Because of this, they are safe for both humans and the environment.
Water-based adhesive tapes are now widely used in many sectors for everyday tasks. Water-based adhesives have lately supplanted solutions including spot welds, liquid adhesive, and others because of their incredible advantages.
The key growth factors for the…
How Do Sensors Transform Automotive Industry?
It would not be wrong to say that cars have transformed a lot over time and not remained merely a vehicle running on four wheels, motor, or fuel. They have become a system that ensures your essential needs are fulfilled throughout your journey. They have become a comprehensive machine equipped with communication systems and technology that enhances their productivity and efficiency and, ultimately, offers an improved journey experience.
To receive free…
India E-Rickshaw and On-Demand Ride Hailing Market Size, Share and Demand Anaysi …
The e-Rickshaw ride-hailing service is an affordable and efficient option for everyday commuters. In cities throughout India, e-rickshaws are a zero-tailpipe pollution mode of transportation utilized for last- and first-mile connectivity. For commuters, this three-wheeled electric vehicle is often expected to close any gaps in the value chain of existing public transportation services.
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Furthermore, the average price of an e-rickshaw ride is INR…
What are Main Factors Pushing Up Global Sales of Intelligent Traffic Cameras?
The rising prevalence of road accidents is rapidly becoming a serious issue in several countries around the world. Moreover, road accidents are claiming more and more lives all over the world every year, owing to which, traffic regulatory authorities in various countries are increasingly adopting intelligent traffic cameras. These cameras capture video sequences and images of vehicles and then analyze this data with the help of face recognition, motion analysis,…
Enabling Faster Product Deliveries, Forklifts Helping E-Commerce Companies Attai …
There has been a sharp rise in the global e-commerce sales over the last few years. According to the findings of the drop shipping company, Oberlo, the total e-commerce sales all over the world generated a revenue of over $3.5 trillion in 2019. According to industry experts, this number will rise even more in the coming years, because of the growing penetration of the internet, rising usage of smartphones, and…
Life Science Analytics Market Will Hit $18,386.0 Million by 2030
Any analytical application used in pharmaceutical and medical device firms, clinical research organizations, and many divisions, such as supply chain, research, pharmacovigilance, marketing, and others, is referred to as life sciences analytics.
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The life science analytics market is set to touch $ 18,386.0 million value by 2030. The need for these solutions is primarily driven by the growing significance of early illness diagnosis…
How Does Cancer Contribute to Microbiome Therapeutics Industry Growth?
The microbiome therapeutics industry has garnered $314.4 million revenue in 2021, and it is projected to rise at the rate of 23.1% in the coming years, to capture the $2,036.4 million industry size.
The microbiome plays a substantial role in both types of illnesses gastrointestinal, and non-gastrointestinal, making it a lucrative target for new therapies. In addition, industry growth is ascribed to the potential of digestive-related therapeutics to mitigate the inadequacies…
Rising Prevalence of Chronic Diseases Boost Ventilators Demand
The ventilator industry garners $1,560.30 million revenue, and is projected to contribute $2,887.32 million revenue in 2030, rising at a rate of 7.1%. It is led by the growing prevalence of chronic diseases such as asthma, and chronic obstructive pulmonary disease across the world.
In addition, the industry is projected to rise in the coming years, due to increasing incidences of preterm births, a surging elderly population, a rising number…
Global Water Treatment Chemicals Industry Growth Analysis, Opportunities, Trends …
The increasing desalination operations in several countries around the world such as the Qatar, U.A.E., Saudi Arabia, and various sub-African countries, on account of the limited availability of freshwater reserves, are massively pushing up the demand for water treatment chemicals all over the world. These processes are adopted for changing brackish or seawater into freshwater or potable water. Furthermore, with the surging population levels in several water-starved countries, the requirement…
U.A.E. Facility Management Market Size, Segment Analysis, Growth Drivers and Dem …
Factors such as the increasing tourism sector, rising investments in the construction industry, and surging use of advanced technologies including robotics, artificial intelligence (AI), and infrared/thermal scanning are expected to drive the growth of the U.A.E. facility management market at a CAGR of 10.8% during the foreseeable period (2021-2030). According to P&S Intelligence, the market size is projected to reach $39,680.8 million by 2030 from $14,360.2 million in 2020. Moreover,…
Increasing Occurrence Rate of Natural Disasters Fueling Growth of Global GIS in …
The global geographic information system (GIS) in disaster management market was valued at $2.3 billion in 2019. Furthermore, the market will advance at a CAGR of 13.7% from 2020 to 2030 and it is predicted to reach a value of $9.4 billion by 2030. The factors driving the advancement of the market are the increasing occurrence rate of natural disasters and the growing public awareness about mitigating the socioeconomic impact…
Growing Use of Smartphones Fueling Extended Reality Market Expansion
The global extended reality (XR) market revenue stood at $18.6 billion in 2019 and it is expected to rise to $1,005.9 billion by 2030. Furthermore, the market will progress at a CAGR of 48.3% from 2020 to 2030, as per the estimates of the market research company, P&S Intelligence. The market is being driven by the soaring usage of smartphones, 5G, connected devices, and augmented reality (AR)/virtual reality (VR) solutions,…
AR and VR Market To Advance at 42.9% CAGR during 2020-2030
The augmented reality (AR) and virtual reality (VR) market is expected to witness a strong CAGR, of 42.9%, during the forecast period (2020-2030), owing to the soaring focus of vendors on price reduction, growing penetration of tablet computers and smartphones, and surging adoption of AR and VR technologies in the healthcare, gaming, tourism, education, and entertainment industries. According to P&S Intelligence, the market was valued at $37.0 billion in 2019…
Music Composing Software Market To Register 23.8% CAGR during 2020-2030
The increasing number of live concerts and music events, flourishing entertainment and media industry, and growing need for effective collaboration among musicians will drive the growth of the music composing software market at a CAGR of 23.8% during the forecast period of 2020-2030. At this rate, the market, which was valued at $177.4 million in 2019, is expected to reach $1,871.5 million by 2030. The increasing utilization of online music…
Growing Electric Vehicle Deployment Propelling Asia-Pacific Vision Sensor Market
The global vision sensor market revenue stood at $2.5 billion in 2019, and it is predicted to rise to $9.2 billion by 2030. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 12.7% from 2020 to 2030 (forecast period). The expansion of the automotive and packaging industries is the biggest factor propelling the sales of vision sensors across the world.…
Over 5.0% CAGR Predicted in Global Motion Sensor Market During 2020-2030
From $4,430.7 million in 2019, the global motion sensor market is predicted to reach a valuation of $7,590.8 million by 2030. According to the estimates of P&S Intelligence, a market research company based in India, the market will progress at a CAGR of 5.1% between 2020 and 2030. The rapid expansion of the automotive industry and the soaring sales of consumer electronics products are the major factors propelling the advancement…
Rising Automobile and smartphone Sales Propelling Light Sensor Market
The growth in the automobile industry and increase in the requirement for consumer electronic devices are the key factors that will drive the light sensor market at a 9.5% CAGR between 2020 and 2030. At this rate, the revenue accumulated by industry players will rise significantly from $1,456.2 million in 2019. A light sensor detects the infrared (IR) and visible portions of the light spectrum and converts the information received…
Polymer Demand To Rise Exponentially in Coming Years
Automakers and manufacturers around the world are increasingly opting for lightweight materials to improve the energy efficiency of vehicles and machines, owing to which they are replacing conventional materials, such as metals and ceramics, with polymers. This shift from conventional materials to polymers can be credited to the exceptional electrical, mechanical, and chemical properties of the latter. Polymers offer greater elasticity, a higher strength-to-weight ratio, and better optical and insulating…
Antimicrobial Additives Market Driven by Increasing Prevalence of Microbial Illn …
The major drivers in the global antimicrobial additives market are rising awareness of consumers about health concerns and surging integration of these commodities into food and beverage, packaging, healthcare, construction, marine, and aviation industries. The market is predicted to reach $3,784.3 million by 2030. Furthermore, the increasing prevalence of microbial illnesses due to contact and increasing risk of bio-resistance in patients due to the administration of antibiotic drugs. The outbreak…
Polypropylene Market Size, SWOT Analysis, Growth Statistics, Prominent Players S …
The polypropylene market is driven by the rising demand for this polymer in the packaging industry and increasing consumption of nonwoven polypropylene fibers in various sectors. Often shortened to PP, it is a plastic widely used in chemical and food containers, electronic goods, electrical insulation, pipes, rigid and flexible packaging, carpets, ropes, concrete reinforcements, and even automotive components. Moreover, it is used to manufacture medical devices and components due to…
Green Chemicals Market Growth, Development and Demand Forecast Report, 2030 | Ke …
The Millennium Alliance for Humanity and the Biosphere estimates that oil reserves, gas reserves, and coal reserves will deplete by 2052, 2060, and 2090, respectively. The rapid depletion of oil and gas, which are extensively used in the production of chemicals, has resulted in the discovery of alternatives such as green chemicals. Additionally, the absence of sulfur dioxide and harmful particulate matter in green chemicals has also increased the usage…
Ballistic Protection Market Share, Growth, Development and Demand Forecast Repor …
The ballistic protection industry has garnered $12,478.08 million revenue, and it is projected to generate $19,378.54 million revenue in 2030, advancing at a rate of 5.01%. It is led by the surging use of ballistic protective materials in law and military enforcement organizations across the world. It is ascribed to protecting law enforcement personnel, military personnel, and vehicles from projectiles, mortars, mines, explosives, falling glass, and other dangerous materials.
In addition,…
