Press Releases from orion market research (24711 total)
Automotive Biometrics Market Size 2023: Global Share, Industry And Report Analys …
Automotive biometrics market is anticipated to grow at a significant CAGR of 17.6% during the forecast period (2024-2031). Biometrics in automobiles uses built-in sensors to identify and authenticate drivers and passengers. These sensors can use face, iris, voice, and fingerprint biometrics for safety, security, and comfort. The growing technological advancements in automobiles to improve safety & security features have driven the growth of the global automotive biometrics market. The high…
Asia-Pacific Rooftop Solar Panel Market Size 2023: Global Share, Industry And Re …
The Asia-Pacific rooftop solar panel market is estimated to grow at a considerable CAGR of 8.4% during the forecast period. The growth of the Asia-Pacific rooftop solar panel market is attributed to factors including increasing demand for green energy, as green energy is supported by various governments to promote nonhazardous sources of energy and provide electricity facilities to rural and remote areas. The increasing environmental concern and reduction in the…
European Rooftop Solar Panel Market Size 2023: Global Share, Industry And Report …
The European rooftop solar panel market is estimated to grow modestly, at a CAGR of around 6.6%, during the forecast period. The growth of the European rooftop solar panel market is driven by the increasing investment in solar energy, coupled with a growing focus towards renewable energy sources within the region. Recent regulatory and economic developments in Europe have changed the perspective for solar energy and brought a positive impact…
Germany Rooftop Solar Panel Market Size 2023: Global Share, Industry And Report …
Germany rooftop solar panel market is estimated to grow considerably at a CAGR of around 6.4% during the forecast period. Germany has a considerable market share in the global rooftop solar panel market, due to increasing environmental issues and a rise in the adoption of solar panel technology for an eco-friendly environment. A decline in spot-prices may raise the electricity prices for retail customers, as the spread of guaranteed feed-in…
Italy Rooftop Solar Panel Market Size 2023: Global Share, Industry And Report An …
Italy rooftop solar panel market is estimated to grow considerably at a CAGR of around 6.8% during the forecast period. Italy has a significant market share in the overall market. This can be attributed to the fact that the overall installations of solar panels in Italy are significantly high. The country has witnessed a significant growth in the past years. According to International Renewable Energy Agency (IRENA), Italy witnessed a…
Anatomic Pathology Market Size, Trends, Latest Insights, Analysis and Forecast 2 …
Global anatomic pathology market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024-2031). The market growth is attributed to the rising incidence, and prevalence of chronic diseases, such as liver and kidney disease, cancer, and infectious disease. Cancer cases are escalating rapidly across the globe, with the maximum patients suffering from lung, prostate, colorectal, and breast cancer.
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Anatomic pathology products…
Insulin Pump Market Size, Share & Trends Analysis Report by Forecast Period (202 …
Global insulin pump market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024-2031). The market growth is driven by the increasing incidence of diabetes due to aging, obesity, and an unhealthy lifestyle. Additionally, the rising R&D and the increasing integration of IT in the healthcare industry are driving market growth. However, the high cost of insulin pumps and the associated skin infection are impeding the…
Baby Monitors Market Size 2023: Global Share, Industry And Report Analysis By 20 …
The global baby monitors market is anticipated to grow at a significant CAGR of 5.3% during the forecast period. Owing to the increasing additions and advances in the features of baby monitors devices. Various latest technologies and consumer demand for addition of smart technologies to the product has made it possible for baby monitor manufacturers to present products with increased features. These increased features include temperature sensors, cry detection, mobile…
Fitness Equipment Market Size 2023: Global Share, Industry And Report Analysis B …
The global fitness equipment market is anticipated to grow at a significant CAGR of 3.4 % during the forecast period. An increased intake of energy-dense foods that are high in fat and sugars and an increase in physical inactivity are rising obesity problems. The increasing obesity among individuals is propelling the growth of the fitness equipment market over the forecast period. Most of the global population resides in countries where…
Hair Dryer Market Size 2023: Global Share, Industry And Report Analysis By 2030 …
The global hair dryer market is anticipated to grow at a significant CAGR of 7% during the forecast period. The key factor contributing to the market growth is therising number of salons across the globe. In addition, the inclination of customers towards personal grooming has also surged the demand for hair styling products especially hair dryer. Professional hair salons are collaborating and focusing on expanding their salon chain globally in…
Wearable Technology Market Size 2023: Global Share, Industry And Report Analysis …
Wearable technology market is anticipated to grow at a significant CAGR of 12.8% during the forecast period. Wearable technologies are smart electronic devices that can be worn on consumer's body. Wearable devices include smart watches, smart clothing, smart glasses, and fitness band. The changing lifestyle and consumer preference is driving the growth of the wearable technology market across the globe. People are upgrading their lifestyle towards modernization which increases the…
Mobility on Demand Market Size 2023: Global Share, Industry And Report Analysis …
Mobility on demand market is anticipated to grow at a considerable CAGR of 10.5% during the forecast period (2024-2031). Mobility on-demand services is on the rise in various countries post government regulation, increasing environmental consciousness, and changing customer transport preferences. The services aim to provide consumers with on-demand transportation including public and private commuting options. The market is also expanding and innovating towards autonomous ride-sharing services, and on-demand air transport…
Cardless ATM Market Size 2023: Global Share, Industry And Report Analysis By 203 …
Cardless ATM market is anticipated to grow at a CAGR of 11.3% during the forecast period (2024-2031). Cardless ATMs are frequently being installed in bank locations to provide convenience for cash withdrawals, deposits, and transfers. The market for cardless ATMs has grown significantly in recent years due to the growing use of biometric verification, QR codes, and NFC (Near Field Communication). A few banks offer the option of cardless cash…
Intelligent Document Processing Market Size 2023: Global Share, Industry And Rep …
Intelligent document processing market is anticipated to grow at a CAGR of 23.7% during the forecast period (2024-2031). The market growth is attributed to the rising use of automation in document processing, the adoption of advanced technologies such as artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) in document processing, and organizational efforts to reduce cost alongside increasing overall efficiency. In recent years, the market has recorded…
Industrial Computers Market | Business Growth, Development Factors, Current and …
Industrial computer market is anticipated to grow at a CAGR of 5.5% during the forecast period (2023-2030). The market's growth is attributed to factors such as the growing demand for industrial automation developments across the globe. Industrial devices have grown increasingly sophisticated and are employed in a variety of applications, including those requiring higher multitasking performance owing to rising clock rates for automation and computationally heavy applications. For instance, in…
Laser Sensor Market | Business Growth, Development Factors, Current and Future T …
Laser sensor market is anticipated to grow at a significant CAGR of 9.3% during the forecast period. The growing automation in end-user industries such as aviation, manufacturing, food & beverages, and automotive among others is a key factor driving the growth of the global laser sensor market. Laser distance sensors are intended for non-contact distance measurements: laser gauges for ranges up to 10 meters, laser distance sensors for ranges up…
Water purifier Market | Business Growth, Development Factors, Current and Future …
Water purifier market is anticipated to grow at a CAGR of 10.5% during the forecast period (2023-2030). The growth of the market is attributed to the growing demand for growing awareness regarding diseases caused by water across the globe. The requirement for water purification devices has increased as individuals are becoming more aware of the health risks involved with drinking tainted water. Customers are becoming more aware of the significance…
Wireless Audio Device Market | Business Growth, Development Factors, Current and …
Wireless audio device market is anticipated to grow at a considerable CAGR of 17.5% during the forecast period. The growth of the market is attributed to factors such as technological advancements, increasing consumer demand for wireless audio devices, and the growing popularity of smart devices. Further, the increasing adoption of wireless streaming services and the rising trend of audio content consumption is also expected to fuel the demand for wireless…
Touchscreen Display Market | Business Growth, Development Factors, Current and F …
Touchscreen display market is anticipated to grow at a significant CAGR of 8.0% during the forecast period. The growth of the market is attributed to factors such as the increasing adoption of touch-based devices, rising demand for interactive displays in various industries, and advancements in touchscreen technology. For instance, in September 2020, SigmaSense LLC developed high-speed sensor fusion touch controller technology that enables touch sensing through thick glass, bulky gloves,…
Electric Heating Cable Market | Business Growth, Development Factors, Current an …
Electric heating cable market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period (2023-2030). The growth of the electric heating cable is driven by several factors, including the increasing demand for energy-efficient heating solutions in both in industrial and residential applications. Additionally, there is a rising trend of adopting electric heating cables for snow melting applications in commercial spaces, which further contributes to the demand…
Automotive TIC Market | Business Growth, Development Factors, Current and Future …
Automotive testing, inspection, and certification (TIC) market is anticipated to grow at a CAGR of 4.6% during the forecast period (2024-2031). Automotive TIC comprises a three-stage process of testing, inspecting, and certifying automobiles as per regulatory requirements, safety protocols, and quality standards. The growth of the market is driven by the increasing number of automobiles and stringent regulatory regulations for road safety. The advancements in automotive testing technology, the rise…
Proximity Sensor Market | Business Growth, Development Factors, Current and Futu …
Proximity sensor market is anticipated to grow at a considerable CAGR of 7.1% during the forecast period (2024-2031). Proximity sensors have wide implications in security systems, industrial conveying systems, automation, robotics, and other industries. Its demand is growing due to technological advancement and use of sensing technology in industries such as defense, healthcare, pharmaceuticals, aerospace and other industries for threat detection, measurement, data transmission and monitoring physical movements.
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Oilfield Services Market | Business Growth, Development Factors, Current and Fut …
Oilfield services market is anticipated to grow at a moderate CAGR of 4.9% during the forecast period (2024-2031).The oilfield services industry provides specialized expertise and equipment throughout the oil and gas production lifecycle. They assist with exploration (seismic surveys), well drilling and completion, production optimization, and infrastructure maintenance, ensuring efficient and safe extraction of hydrocarbons.
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The depletion of existing oil and gas reserves is pushing…
Cardless ATM Market | Business Growth, Development Factors, Current and Future T …
Cardless ATM market is anticipated to grow at a CAGR of 11.3% during the forecast period (2024-2031). Cardless ATMs are frequently being installed in bank locations to provide convenience for cash withdrawals, deposits, and transfers. The market for cardless ATMs has grown significantly in recent years due to the growing use of biometric verification, QR codes, and NFC (Near Field Communication). A few banks offer the option of cardless cash…
Intelligent Document Processing Market | Business Growth, Development Factors, C …
Intelligent document processing market is anticipated to grow at a CAGR of 23.7% during the forecast period (2024-2031). The market growth is attributed to the rising use of automation in document processing, the adoption of advanced technologies such as artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) in document processing, and organizational efforts to reduce cost alongside increasing overall efficiency. In recent years, the market has recorded…
Neural Processor Market Size 2023: Global Share, Industry And Report Analysis By …
Neural processor market is anticipated to grow at a CAGR of 17.5% during the forecast period (2024-2031). A neural processor, also known as a neural processing unit (NPU), is a specialized circuit that implements all the control and arithmetic logic required to run machine learning algorithms, typically by working with predictive models such as artificial neural networks (ANNs) or random forests (RFs). Neural processors can be designed digitally or analogously.…
Super App Market Size 2023: Global Share, Industry And Report Analysis By 2030 | …
Super app market is anticipated to grow at a CAGR of 26.6% during the forecast period (2024-2031). A Super app is a comprehensive mobile or web-based platform that offers a wide range of services and functionalities, catering to various aspects of users' daily lives. These apps serve as a centralized hub, providing a one-stop solution for users rather than requiring them to use multiple separate applications. The growing digitalization globally…
Social And Emotional Learning (SEL) Market Size 2023: Global Share, Industry And …
Social and emotional learning (SEL) market is anticipated to grow at a CAGR of 23.6% during the forecast period (2024-2031). The expansion of the SEL market can be attributed to various factors. These include the increasing emphasis on education, growing awareness of mental health, support from policies, validation through research, integration of technology, engagement from corporations and communities, and demand from parents. These factors contribute to the rising demand for…
Green Tires Market Size 2023: Global Share, Industry And Report Analysis By 2030 …
Green tires market is anticipated to grow at a significant CAGR of 12.0% during the forecast period (2024-2031). Green tires are a sustainable tire industry framework that focuses on environmental sustainability throughout the entire lifecycle of tire production, use, and disposal. These tires use environmentally friendly materials, such as natural rubber from sustainable plantations, renewable synthetic rubber blends, and eco-friendly additives, to minimize resource extraction, energy consumption, and greenhouse gas…
Escalators & Moving Walkways Market Size 2023: Global Share, Industry And Report …
Escalators & moving walkways market is anticipated to grow at a CAGR of 5.4% during the forecast period (2024-2031). Escalators and moving walkways are transportation methods used to move people within a building or between different levels. Escalators are mechanized staircases that continuously move in a loop while moving walkways are horizontal conveyor belts that move people from one place to another. Escalators have a vertical direction, steps, capacity, speed,…
Game-based Learning Market Size 2023: Global Share, Industry And Report Analysis …
Game-based learning market is anticipated to grow at a significant CAGR of 21.4% during the forecast period (2024-2031). Game-based Learning is a framework in which educational content is presented through engaging games and simulations, aiming to motivate learners and make the learning process more enjoyable and effective. Its aspects include core knowledge, interactive experiences, and motivational elements like points, badges, leaderboards, and storylines.
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Traditional learning methods…
Dark Web Intelligence Market Size 2023: Global Share, Industry And Report Analys …
Dark web intelligence market is anticipated to grow at a CAGR of 21.8% during the forecast period (2024-2031). Dark web intelligence provides security against ransomware attacks. It safeguards against attack as well as provides a blueprint for a reliable and speedy resumption of normal operations. Furthermore, proactive detection of cyberattacks for the identification of key actors, and analyzing contents of the dark web intelligence plays a significant role in deterring…
5G Services Market Size 2023: Global Share, Industry And Report Analysis By 2030 …
5G services market is anticipated to grow at a CAGR of 11.9% during the forecast period (2024-2031). 5G services refer to the suite of communication services and capabilities enabled by fifth generation (5G) wireless technology. 5G represents the latest evolution in mobile networking, offering significantly faster data speeds, lower latency, higher reliability, and increased network capacity compared to previous generations like 4G LTE.
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The demand for…
AI Trust, Risk and Security Management Market Size 2023: Global Share, Industry …
AI trust, risk, and security management market is anticipated to grow at a CAGR of 20.3% during the forecast period (2024-2031). The global AI trust, risk, and security management market is a rapidly expanding industry that focuses on ensuring the reliability, security, fairness, and ethical use of AI technologies across various sectors. This market includes various components such as AI governance frameworks, risk assessment tools, compliance solutions, explainable AI (XAI)…
Cyber Security Training Market Size 2023: Global Share, Industry And Report Anal …
Cyber security training market is anticipated to grow at a CAGR of 16.8% during the forecast period (2024-2031). The global cybersecurity training market is growing owing to rising cyber threats, regulatory compliance requirements, increased adoption of digital technologies, shortage of cybersecurity skills, technological advancements, remote workforce security, increased focus on insider threats, and cybersecurity awareness initiatives. The proliferation of cyber threats, such as malware, phishing attacks, ransomware, and data breaches,…
5G System Integration Market Size 2023: Global Share, Industry And Report Analys …
5G system integration market is anticipated to grow at a CAGR of 28.9% during the forecast period (2024-2031). The increasing deployment of 5G infrastructure globally is fueling the need for system integration services. Various emerging technologies, such as IoT, AI, edge computing, and virtualization are facilitating new applications across different sectors. The digitization efforts in industries are utilizing 5G technology to enhance operational efficiency and customer satisfaction. Additionally, ensuring compliance…
Explainable AI Market Size 2023: Global Share, Industry And Report Analysis By 2 …
Explainable AI market is anticipated to grow at a CAGR of 20.9% during the forecast period (2024-2031). The Explainable AI (XAI) market is experiencing substantial growth driven by the regulatory requirements for transparency in AI decision-making, the widespread adoption of AI in different industries, technological advancements, and increasing public awareness. Ethical AI guidelines emphasize fairness, accountability, and transparency, which necessitate the use of explainable AI techniques. Technological advancements like SHAP…
Travel Insurance Market Size 2023: Global Share, Industry And Report Analysis By …
Travel insurance market is anticipated to grow at a CAGR of 15.4% during the forecast period (2024-2031). The travel insurance market is expanding owing to factors like increasing global tourism. The COVID-19 pandemic has increased demand for travel insurance. Technological advancements and product innovation have made it easier for consumers to compare and purchase policies. Demographic changes and strategic partnerships among providers, agencies, and airlines also contribute to market growth.
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Solar Panel for Home Market Size 2023: Global Share, Industry And Report Analysi …
Solar panel for home market is anticipated to grow at a CAGR of 7.5% during the forecast period. Rooftop solar photovoltaic (PV) is considered a secure investment for end-use customers against the fluctuating electricity price. The cost efficiency of rooftop solar systems favors their adoption in residential spaces which in turn driving the global solar panel for home market. Rooftop solar PV panels and related equipment includes inverters, meters, junction…
Smart Utilities Management Market Size 2023: Global Share, Industry And Report A …
Smart utilities management market is anticipated to grow at a considerable CAGR of 18.5% during the forecast period. Advancement of digital technologies presents a transformational opportunity for the utilities sector. Innovations already used in many other industries, such as decentralized production, real-time analytics pulled from big data, sensor networks, and mobile computing, are changing the contours and competitive balance of utilities. Traditional utility models are getting disrupted. Utilities are looking…
5G Fixed Wireless Access Market Size 2023: Global Share, Industry And Report Ana …
5G fixed wireless access market is anticipated to grow at a CAGR of 39.3% during the forecast period (2024-2031). The growth of the 5G Fixed Wireless Access (FWA) market is attributed to various factors, including technological advancements, the increasing need for high-speed connectivity, and cost-effective deployment options. This market segment is particularly developing in densely populated areas, where it provides reliable connectivity and supports the integration of IoT devices and…
Mobile Satellite Services Market Size 2023: Global Share, Industry And Report An …
Mobile satellite services market is anticipated to grow at a CAGR of 6.9% during the forecast period (2024-2031). The global connectivity demand is fueled by remote areas' need for reliable communication, universal service obligations, and IoT and M2M applications. Satellite services provide essential connectivity, real-time monitoring, and disaster recovery. Technological advancements such as high-throughput satellites and low-earth orbit satellites enhance service quality. Regulatory support, strategic partnerships, and private sector investment…
Piling Machine Market Size 2023: Global Share, Industry And Report Analysis By 2 …
Piling machine market is anticipated to grow at a CAGR of 10.4% during the forecast period (2024-2031). A piling machine also known as a pile driver or piling rig, is a specialized construction equipment used for driving piles (vertical structural elements) into the ground to provide support for various types of structures, such as buildings, bridges, and retaining walls. Major factors supporting the market growth include the increasing demand for…
Agricultural Ventilation Fans Market Size 2023: Global Share, Industry And Repor …
Agricultural ventilation fans market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). The global agricultural ventilation fans market is poised for significant growth during the forecast period. Factors such as increasing demand, technological advancements, and regulatory compliance are expected to contribute to this growth. This forecast reflects the market's trajectory towards expansion driven by evolving industry dynamics and emerging trends.
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Location-based Advertising Market Size 2023: Global Share, Industry And Report A …
Location-based advertising market is anticipated to grow at a CAGR of 14.5% during the forecast period (2024-2031). The global location-based advertising market is driven by the increasing adoption of smartphones and the growing availability of location data from various sources such as GPS, Wi-Fi, and Bluetooth. These factors enable advertisers to target consumers with personalized and relevant ads based on their real-time location. As consumers spend more time on mobile…
Game Streaming Market Size 2023: Global Share, Industry And Report Analysis By 2 …
Game streaming market is anticipated to grow at a CAGR of 10.8% during the forecast period (2024-2031). Game streaming market is driven by technological advancements such as the deployment of 5G networks and cloud computing that offer convenience, cost efficiency, and diverse game libraries. The growing gaming population globally is further contributing to the global market demand.
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Mobile gaming is on the rise owing to the…
Communication Devices Market Size 2023: Global Share, Industry And Report Analys …
Communication devices market is anticipated to grow at a CAGR of 7.9% during the forecast period (2024-2031). Communication devices are electronic devices that can send digital or analog signals wirelessly or via a wired network.
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One critical driver of the global communication devices market is the ongoing expansion and upgrade of communication infrastructure. For instance, the Shared Rural Network initiative, BDUK, DSIT, and MNOs hope to…
Retail Chatbot Market Size 2023: Global Share, Industry And Report Analysis By 2 …
Retail chatbot market is anticipated to grow at a significant CAGR of 19.5% during the forecast period (2024-2031). A retail chatbot is a specially designed software program that simulates human conversation while interacting with potential and existing customers. It uses Artificial intelligence (AI), Machine Learning (ML) and Natural Language Processing (NLP) to provide customers with personalized care and help recreate an in-person buying experience. As reported by the Center for…
Direct Drive Wind Turbine Market Size 2023: Global Share, Industry And Report An …
Direct drive wind turbine market is anticipated to grow at a CAGR of 15.1% during the forecast period. The high demand for energy across the globe is a significant factor that is anticipated to propel the direct drive of wind turbine market growth in the forthcoming years. Rapid industrialization, favourable regulations on energy efficiency, and the high share of renewables in the power generation sector are likely to augment the…
Healthcare Claims Management Market Trends, Latest Insights, Analysis and Foreca …
The global Healthcare Claims Management market is anticipated to grow at a CAGR of 5.2% during the forecast period (2024-2031). As the global population grows and ages, the number of people seeking healthcare services is also increasing. Hence the market demand for better and improved system is rising and market players are focusing on introducing new software in the market. For instance, In April 2023, Google Cloud announced a new…
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