Press Releases from P&S Intelligence (8081 total)
North America is Dominating the Enterprise Asset Management Market
The enterprise asset management market was valued at $5,966.2 million in 2021, and it is set to reach $19,401.9 million by 2030, growing at a CAGR of 14% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
This growth can be credited to the thriving requirement to lower the procurement and maintenance cost, improving asset availability, the snowballing acceptance of such solutions for…
Deployment of 5G Infrastructure is Driving Wireless Testing Market
The wireless testing market size stood at USD 11.54 billion in 2021, which is projected to reach USD 31.23 billion by 2030, advancing at a CAGR of 11.7% during 2021-2030, as per P&S Intelligence.
This growth can be credited to the development of 5G networks throughout the world, the increase in demand from the consumer electronics market, and quick technological enhancements in wireless testing technologies.
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Machine Translation Market Will Grow Fastest in APAC Region
The worth of the machine translation market was USD 169.11 million in 2021, and it will advance at a rate of 7.1% in the years to come, to reach USD 319.44 million by the year 2030.
The neural category will grow at the highest rate in the years to come. This will be owing to the increasing data volumes, progressions in technology, and growing requirement from companies and organizations for this…
North America Dominated the SD-WAN Market
The total size of the SD-WAN market was USD 3,514.6 million in 2022, and it will reach USD 30,907.6 million in 2030, with a CAGR of 31.2% by the end of this decade, as stated by a market report by P&S Intelligence.
Network security is continuously an urgency for IT executives. With the growing data use worldwide, an extensive range of mission-critical assets, for example applications, enterprise info, databases, and more…
Asia Pacific Region Will Dominate the 3D Printing Construction Market
The global 3D printing construction market is experiencing growth, according to P&S Intelligence. This growth can be ascribed to the rising ecological worries regarding the waste produced by the construction sector and the existence of more likelihood for customization and architectural suppleness using this technology.
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The 3D printing construction industry is divided into two categories powder bonding and extrusion, on the basis of construction…
Commercial Lawn Mower Market Will Reach USD 26,346.6 Million by 2030
The total value of the global commercial lawn mower market was USD 14,741.3 million in 2021, and it will rise at a growth rate of above 6.7% shortly, reaching USD 26,346.6 million by 2030, according to P&S Intelligence.
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This development can be credited to the growth of progressive equipment and forthcoming smart cities. The cutting-edge systems come with sensors including weather sensing, anti-theft, anti-theft,…
Structural Metal Products Market Will Reach USD 764.0 Billion by 2030
The total value of the global structural metal products market was USD 448.3 billion in 2021, and it will rise at a growth rate of above 6.1% shortly, reaching USD 764.0 billion by 2030, according to P&S Intelligence.
This growth can be credited to industry development including the rising building and construction sector throughout the globe. Furthermore, the demand for such items is snowballing due to their physical characteristics like cost-efficiency,…
Metallurgy Equipment Market Will Reach USD 133.9 Billion by 2030
The metallurgy equipment market will reach USD 133.9 billion by 2030, growing at a rate of 3.3% over this decade, as per a report by P&S Intelligence.
In recent years, the milling machines category held the largest share, approximately 55%, in the industry, owing to the expansion of the metalworking industry across the globe.
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Moreover, with the increasing labor costs in developed countries, businesses are…
Pain Management Devices Market Will Reach USD 4,792.2 Million By 2030
In 2023, the pain management devices market had a total size of USD 2,518.2 million, and it is projected to hit USD 4,792.2 million by 2030, advancing at a rate of 9.6%, during the projection period.
The growth of the industry can be credited to the increasing occurrence of chronic conditions as lifestyle-associated illnesses, for instance, diabetes and obesity, drive the need for nerve and muscle stimulators. Other health problems…
Surgical Equipment Market To Grow Fastest in APAC
The surgical equipment market was valued at about USD 16.4 billion in 2023, and it will power at a rate of 9.1% by the end of this decade, to touch USD 30.1 billion by 2030.
The industry growth is because of the growing healthcare cost, increasing occurrence of lifestyle related diseases that need a surgical procedure, large unmet surgical needs, and increasing ageing population.
Furthermore, a growing count of ambulatory…
Audiology Devices Market to Observe Fastest Growth in the E-Commerce Category
The audiology devices market is estimated to touch USD 10,160.7 million in 2023, and it will touch 16,206 million, growing at a 6.9% compound annual growth rate, by 2030.
The progression of this industry can be because of the robust support of the government for easier access to hearing aids, the rising number of hearing disorders occurrence, and the mounting elderly populace.
Additionally, the technological progressions, for instance, the arrival of…
North America Is Dominating AI In Retail Market
The global AI in the retail market is witnessing growth and is projected to reach USD 36,462.5 million by 2030. This growth of the market can be credited to the rising online retail sales, the mounting emphasis of vendors on advancing buyers' shopping experience, growing dependency on digital marketing, and rising expenditure in AI, supplemented by helpful government guidelines.
In recent years, the solution category is projected to account for the…
5G Infrastructure Market Is Driven by Increasing Deployment Iot Applications and …
The size of the global 5G infrastructure market is expanding, and this growth of the market can be credited to a surge in the acceptance of technologies that require fast internet connection, like artificial intelligence; a surge in the requirement for low-latency internet, the surge in the acceptance of virtual networking building in telecommunication, and development in the count of mobile information operators.
Additionally, the utilization of machine-to-machine connections in…
Digital Twin Market Is Driven by Growing Solution demand in the Healthcare Secto …
The digital twin market has garnered USD 7,683.4 million in revenue in 2022, and it is projected to rise at the rate of 49.9% from 2022 to 2030, to capture USD 195,347.6 million by 2030.
The development can be mainly credited to the growing adoption of artificial intelligence, the internet of things, Industry 4.0, 5G, and machine learning technologies, increasing concentration of the manufacturing sector on digital twins to lesser…
North America Is Dominating Robotic Process Automation Market
the robotic process automation market is witnessing growth and is projected to reach USD 27,098 million. This is mainly ascribed to the ease of handling business procedures, better efficiency, and improved customer experience provided by RPA solutions.
In addition, the growth of the market is being driven by the increasing integration of modern technologies and the growing need for virtual workers, as robotic process automation provides a number of key…
North America Is Dominating Network Attached Storage Market
The size of the network attached storage market was USD 22,850 million in 2022, and the figure is set to rise at a CAGR of 13.55% from 2022 to 2030 and reach USD 63,151 million by the end of this decade.
The growing use of smartphones, 5G networks and the Internet of Things is a contributing factor in this growth which has resulted in an accumulation of massive volumes of formless…
Lip Cold Sore Treatment Industry Trends, Segment Analysis, Top Leaders and Deman …
The lip cold sore treatment market had a revenue in China, South Korea, Taiwan, Hong Kong, and SEA grow at a rate of 6.7% in the years to come to reach USD 85,265.1 Thousand by 2030 as mentioned in one of its reports by a market research institution, P&S Intelligence.
The important factors accountable for the industry growth include the thriving modes of transmission of HSV, growing incidence of cold…
5G In Healthcare Market Will Grow the Fastest in the APAC Region
The 5G in healthcare market will touch USD 147 billion by 2030, powering at a rate of 17.6% in the next 7-8 years. This is because of the improving 5G infra, growing healthcare industry, rising count of launches of VR/ AR devices for medical uses, snowballing R&D investments by players, and surging requirement for high-speed connectivity.
The hardware category had the higher revenue in 2022, and it will continue dominating in…
mHealth Market was Led by Connected Devices Category
The mHealth market will observe at a rate of 12.60% by the end of this decade to reach USD 154,115 million by 2030. This is because of the increase in the use of tablets, smartphones, and other mobile communication platforms, accompanied by that of mHealth apps and connected medical devices.
Also, the increasing elderly populace and chronic ailment prevalence, increasing requirement for remote patient monitoring services, and growing emphasis on…
Cyber Security Market To Power Because of Increasing Data Breach Incidents
The cyber security market will grow at a rate of 9.4% by the end of this decade, to touch USD 352.5 billion by 2030.
This can be mostly credited to the growing count of cyberattacks, increasing expenditure on cloud computing technologies, increasing acceptance of cloud encryption solutions, increasing acceptance of BYOD, growing implementation of ML, big data analytics, computer vision, and IoT, and growing requirement to safeguard computers, network, and…
Data Science Platform Market is Boosted by the Use of Cloud-Based Solutions and …
The data science platform market will reach a value of USD 708.8 billion by 2030, growing at a substantial rate of 25.4% by the end of this decade. This has a lot to do with the fast growth in requirement for big data technologies accompanied by the growing use of data analytic platforms in numerous industries.
Furthermore, the increasing volume of data and obtaining access to organizational data from…
Lithium-Ion Battery Market To Touch USD 165.6 billion by 2030
As stated by a market professional at P&S Intelligence, the total revenue generated by the lithium-ion battery market was USD 49.6 billion in 2022, and it will grow at a rate of 16.3% in the years to come, to reach USD 165.6 billion by 2030.
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The rising middle-class populace, altering lifestyle preferences, and inclination toward the usage of smart electronic devices are the major…
Mattress Market To Reach USD 69,077.7 Million by 2030
The size of the mattress market was USD 40,810.1 million in 2022, and it will reach USD 69,077.7 million by 2030, propelling at a rate of 6.80% in the years to come. As per P&S Intelligence.
This has a lot to do with the growth of the tourism sector, resulting in the increasing number of hotels and, in order, snowballing the sales of mattresses.
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Europe was the Leader of the Offshore Pipeline Market
The offshore pipeline market will grow at a rate of 4.10% by the end of this decade, to reach a value of USD 18,716 million by 2030. The increasing requirement for crude oil and natural gas, particularly from APAC, along with a mounting emphasis on secure, affordable, and safe connections for gas and oil resource supply, will drive the industry.
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The offshore pipeline industry…
Use in Electricity Generation Boosting the Blue Hydrogen Market
The blue hydrogen market will grow at a rate of 11.70% by the end of this decade, to reach USD 42,783 million by 2030.
Blue hydrogen is often promoted as a low-carbon fuel for electricity generation, powering vehicles, and heating buildings and an energy storing medium. The high crude oil price instability and unnecessary taxes on diesel and gasoline have brought about a sharp rise in their cost.
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Medical Electrodes Market Share, Top Players, Growth and Demand Forecast Report …
The medical electrodes market is on the way of growth, and this trend will continue in the years to come as well. The main factors accountable for the industry growth are tech progressions, growing healthcare infra, snowballing occurrence of chronic ailments, and rising elderly population at a global level.
The disposable category was the larger in the market in the past, on the basis of usability. The key factors accountable for…
Forensic Technologies Market Powered by the Trend of DNA Profiling
The forensic technologies market was valued at USD 16.4 billion (E) in 2023, and it will reach USD 43.7 billion by 2030, at a rate of 15% by the end of this decade. This expansion is because of the mounting rate of crime worldwide, incessant progressions in forensic techniques, and growing count of forensic labs.
Moreover, the rising awareness with regards to DNA testing in paternity/maternity disagreements is playing an…
Biomass Gasification Market To Grow Fastest in the APAC Region
The biomass gasification market will grow at a rate of 7.16% by the end of the forecast period, to reach USD 187.3 billion by 2030.
The growth can be chiefly credited to the increasing GHG emissions, growing acceptance of environment-friendly energy sources, and growing concerns with regard to the environment amongst the population.
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The fixed-bed gasifier will grow at a rate of over 8%, as…
RTF-RTU Vials Market Size, Industry Shares, Global Growth and Forecast Report 20 …
The RTF/RTU vials market will grow at a compound annual growth rate of 14.5% in the years to come, and reach a value of USD 1,183.4 million by 2030.
There are a number of factors accountable for the development of the market, which includes the requirement of pharma companies to surge their operational efficiency and increasing use of injectable drugs by the people.
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Furthermore, the…
Biocomposites Market To Generate USD 103.6 Billion by 2030
Biodegradable polymer serves as the matrix material in biocomposites, which typically also contain bio-fibers as reinforcing elements. Moreover, biocomposites have the following characteristics: low cost, low density, high toughness, acceptable specific strength properties, good thermal properties, ease of separation, improved energy recovery, and biodegradability.
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As per a report by P&S Intelligence, the biocomposites market is on track to reaching USD 103.6 billion by 2030. This is…
3D Printing Materials Market Will Reach USD 16,230.8 Million by 2030
The size of the 3D printing materials market will power at a compound annual growth rate of 25.9% during 2022-2030, to touch a value of USD 16,230.8 million by 2030.
The considerable growth is due to the increasing use of 3D printing in the manufacturing sector, need for mass customization, and the growing demand for automobiles in emerging economies.
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The demand for these materials in China has…
APAC Is Dominating Agricultural Micronutrients Market
The total value of the global agricultural micronutrient market was USD 4,321.9 million in 2022, and it will rise at a growth rate of above 8.5% shortly, reaching USD 8,322.1 million by 2030, according to P&S Intelligence.
This growth can be ascribed to the worsening soil quality in agrarian fields. Nutrients are critical for plant development and metabolic procedures. Stimulating, expanding, and supplying roots by providing them with organic chemicals…
Electric Commercial Vehicle Market is Dominated by BEVs
The total revenue generated by the electric commercial vehicle market was USD 68.9 billion in 2022, and it will power at a rate of 36.2% in the years to come, to touch USD 814.8 billion by 2030.
The decreasing cost and improving working efficiency of batteries and the lasting cost benefits of EVs are the key factors powering the growth of the industry.
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In consort…
Low-Cost and Convenient Short Commute Propels Micromobility Demand
The micro-mobility industry is expected to rise in the coming years. Generation Z and millennials, including advancements in connectivity, GPS tracking, battery cost reduction, mobile payments, and life improvement, including rising penetration of smartphones lead to a shift in the transportation landscape.
Micro mobility has lured a strong customer base, offering a true potential solution for urban transportation.
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Dynamics of Micromobility
The increasing investments by investors…
Prefilled Syringes Market Trend, Forecast, Drivers, Restraints, Company Profiles …
Lifestyle diseases mainly occur due to long exposure to taking an unhealthy diet, smoking, and physical inactivity. It results in the development of chronic diseases, precisely stroke, heart disease, diabetes, metabolic syndrome, obesity, and some kinds of cancer. By the year 2030, the global deaths because of chronic diseases will increase to 70% and the global burden of disease to 56%. The utmost increase will be in the Eastern Mediterranean…
Wheelchair Market Size, SWOT Analysis, Top Leading Players and Demand Forecast R …
The global wheelchair market is experiencing growth according to P&S Intelligence. This growth can be ascribed to the rising count of elderly patients, refining healthcare infrastructure, advancing post-treatment facilities, and the growing occurrence of obesity. Furthermore, the growing cases of spinal cord injuries (SCIs) and highway accidents have further boosted industry development.
In recent years, the manual category led the wheelchair industry, on the basis of type. This is primarily…
Online Category Will Grow at a Higher Rate in the Mushroom Market
The mushroom market will touch USD 105.1 billion by 2030 from an estimated value of USD 56.4 billion in 2023, at 9.3% between 2023 and 2030. The rising vegan population is growing the requirement for a protein-rich diet globally, and thus, it will be the main propeller for the industry in the years to come.
Mushrooms are a superfood because of their high content of key nutrients, like selenium, glutathione,…
Weight Management Market is Powered by the Trend of Personalized Diet Plans
The value of the weight management market was nearly USD 157.5 billion in 2023, which will power at a rate of 9.7% by the end of this decade, to reach USD 300.4 billion by 2030.
This has a lot to do with the growing number of overweight people, growing count of bariatric surgeries, growing acceptance of online weight management and weight loss events, increasing income of the people in developing countries,…
Learning Management Systems Market was Led by the Solution Category
The learning management systems market will grow from an estimated amount of USD 21.7 billion in 2023 to USD 71.8 billion in 2030, at a compound annual growth rate of 18.7% between 2023 and 2030.
This has a lot to do with the introduction of numerous advanced education technologies because of the pandemic. Additionally, the developments in high-speed telecommunication networks, the affordability of digital devices, and the progression in multimedia…
Dental Equipment Market Opportunities, Emerging Trends, Competitive Strategies a …
The dental equipment market was USD 6,349.4 million in 2022, and it will touch USD 11,632.4 million, advancing at a 7.9% compound annual growth rate, by 2030.
The growth of the industry is mainly attributed to the rising elderly population, increasing incidence of edentulism, the growing emphasis of consumers on cosmetic dentistry services, sedentary lifestyles, surging activities of dental tourism in developing nations, the advent of technologically advanced products, and the…
Solid-Body Guitars are the Leaders of the Electric Guitar Market
The electric guitar market is at USD 4,637.1 million (E) in 2023, and it will have a growth rate of 6.4% during 2023-2030, to touch USD 7,155.8 million in 2030. The increasing interest in music among people is the key factor driving the industry. Furthermore, the increasing number of live events improves the necessity for all sorts of musical instruments.
A main factor making people globally recommend electric guitars is the…
Autoclaved Aerated Concrete Market Will Reach USD 8,314.9 Million by 2030
The autoclaved aerated concrete market will grow at a compound annual growth rate of 6% by the end of this decade, and it will reach USD 8,314.9 million by 2030.
The industry is primarily driven by high investments in the construction sector and also the rise in large-scale construction projects taking place mainly in developing nations.
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Blocks will grow the fastest, they are favored…
Europe Will Dominate the Essential Oils Market
According to P&S Intelligence, the global essential oils market is experiencing growth. The growth can be ascribed to the growing need for aromatherapy, rising customer fondness for natural items, and growing requirement for vital oils in the food and beverages and cosmetics sectors are projected to boost the development of the essential oils industry in the coming few years.
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In the coming few years,…
Japan Diesel Generator Set Market To Reach 1,816 Million by 2030
The Japanese diesel generator set market was about USD 1,120 million in 2021, and it will have a growth rate of 5.5% by the end of this decade, to reach USD about 1,816 million by 2030, according to a statement by P&S Intelligence, a market research firm.
The growth of the industry will be powered by the surge in urban population and the high frequency of power outages all over the…
Demand for Stabilizers will Grow the Fastest in Uttar Pradesh
The India stabilizers market will generate a value of USD 1,359.8 million by 2030, powering at a rate of 8.1% by the end of this decade. This is because of the increasing emphasis of the government on smart city development and funding under the Invest India and Make in India initiatives.
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Also, the increase in electrical appliance sales, for example refrigerators, ACs, and…
Luxury Products will Grow at a Higher Rate in the GCC Color Cosmetics Market
The GCC color cosmetics market will touch USD 2,314.5 million by 2030, powering at a rate of 6.8% by the end of this decade. This is because of the growing disposable income and the increasing emphasis of people on the enhancement of their appearance.
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In the region, the requirement for luxury products will grow at a higher rate, of over 7%, by the end…
U.A.E. Packaged Drinking Water Market Will Reach USD 948.2 Million By 2030
The U.A.E. packaged drinking water market is witnessing growth and is projected to reach USD 948.2 million by 2030. The growth of the market can be credited to the growing urban populace, the rising tourism market, and the rising need for functional and flavored water in the nation. The bottled water consumed by a grownup at nearly 34 gallons a year. Hence, it is projected that the packed water sector…
Food Grade Lubricants Market Will Touch USD 516.5 Million by 2030
The food grade lubricants market will touch USD 516.5 million, propelling at a 7.9% compound annual growth rate, by 2030.
The growth of the industry is attributed to the increasing concern for food safety across the globe, as well as the surging number of foodborne illnesses.
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Over the past few years, there is a surge in the number of foodborne illnesses, and approximately 650 million…
Exoskeleton Market Size, Growth, Latest Trends, Top Leaders and Demand Forecast …
The exoskeleton market will touch USD 6,957.9 million, propelling at a 35.9% compound annual growth rate, by 2030.
The progression of this industry can be attributed to the rising count of spinal cord injuries & strokes, the mounting elderly populace, the growing utilization of these devices in military and industrial operations, increasing healthcare expenses, and mounting opportunities for jobs for disabled individuals.
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As a…
Influenza Vaccine Market Will Reach USD 11,919 Million By 2030
The influenza vaccine market is estimated to touch USD 7,542 million in 2023, and it will touch USD 11,919 million, growing at a 6.8%, compound annual growth rate, by 2030.
This growth of the market can be ascribed to the surge in the incidence of seasonal influenza and the development in the number of doctors recommending vaccination. Among live attenuated and inactivated, the inactivated category leads the type section of the…
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