Press Releases from IMARC Group (4963 total)
Smart Speaker Market Report, Key players Analysis, Size, Share and Forecast 2022 …
The latest report by IMARC Group, titled "Smart Speaker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on smart speaker market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global smart speaker market reached a value of US$ 5.08 Billion in 2021. Looking forward, the market is expected to…
Functional Safety Market Report (2022-2027) - Industry Growth, Emerging Trends, …
According to the latest report by IMARC Group, the global functional safety market reached a value of US$ 4.67 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.29 Billion by 2027, exhibiting a CAGR of 11.60% during 2022-2027.
Functional safety represents the general safety of a plant and equipment using various safety-related systems, such as alarm systems, safety instrumented systems (SIS), basic process…
Plastic Extrusion Machines Market Growth, Outlook, Demand and Forecast | Leading …
According to the latest report by IMARC Group, the global plastic extrusion machines market reached a value of US$ 6.05 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.12 Billion by 2027, exhibiting a CAGR of 4.70% during 2022-2027.
Plastic extrusion machines, also called plastic extruders, refer to the mechanical systems used in high-volume manufacturing processes to melt and transform raw plastics. They…
Renal Biomarkers Market Size is Expected To Reach US$ 1.88 Billion by 2027 - IMA …
According to the latest report by IMARC Group, the global renal biomarkers market reached a value of US$ 1.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.88 Billion by 2027, exhibiting a CAGR of 8.70% during 2022-2027.
Renal biomarkers are the cells, proteins, microRNAs, genes, metabolites, proteomic patterns, lipids, etc., that are present on a urinalysis. They aid in determining the glomerular…
Machine Learning Chip Market Growing at US$ 33.02 Billion by 2027 | Industry Ins …
According to the latest report by IMARC Group, the global machine learning chip market reached a value of US$ 5.86 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 33.02 Billion by 2027 exhibiting a CAGR of 31.20% during 2022-2027.
Machine learning (ML) is a technology that relies on experiential learning as opposed to programming for making various decisions. ML chips are installed…
Smart Building Market Trends 2022-2027 | Industry Size, Growth, Top Companies an …
According to IMARC Group's latest report, titled "Smart Building Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global smart building market is expected to exhibit a CAGR of 11.24% during 2022-2027. Smart building involves the use of structurally centralized automated technology, such as the Internet of Things (IoT)-based solutions for controlling and monitoring operations, including lighting, security, and heating, ventilation, and air conditioning (HVAC). It aids…
Broadcast Equipment Market (2022-2027): Trends, Expected Growth, Leading Players …
According to the latest report by IMARC Group, the global broadcast equipment market reached a value of US$ 4.86 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.74 Billion by 2027 exhibiting a CAGR of 5.30% during 2022-2027.
Broadcast equipment represent the set of automated systems and devices that are utilized for broadcasting video or audio content via any electronic mass communication medium.…
Display Market Report 2022: Top Companies, New Technology, Growth and Forecast b …
According to IMARC Group latest report titled "Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on display market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global display market reached a value of US$ 151.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach a…
Global Car Rental Market to Reach US$ 96.5 Billion by 2027
According to IMARC Group's latest report, titled "Car Rental Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global car rental market reached a value of US$ 76.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 96.5 Billion by 2027, exhibiting at a CAGR of 3.8% during 2022-2027.
Car rental offers the facility of renting automobiles temporarily for a period through offline or online channels.…
AIOps Market Overview, Trends, Applications, Growth and Forecast 2022-2027
According to IMARC Group latest report titled "AIOps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on AIOps market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global AIOps market is expected to exhibit a CAGR of 21.2% during 2022-2027.
Artificial Intelligence for information technology operations (AIOps) refer to multi-layered…
Cement Market Worth US$ 488.4 Billion by 2022-2027 | CAGR of 6.1%
The latest report by IMARC Group, titled "Cement Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global cement market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global cement market reached a value of US$ 344.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach…
Air Purifier Market Expected to Rise at a CAGR of 8.2% during 2022-2027
IMARC Group's latest research report, titled "Air Purifier Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on air purifier market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global air purifier market is expected to exhibit a CAGR of 8.2% during 2022-2027.
An air purifier represents a home appliance…
Smoothies Market Worth US$ 20.3 Billion by 2022-2027 | CAGR of 5.0%
The latest report by IMARC Group, titled "Smoothies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global smoothies market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global smoothies market reached a value of US$ 14.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach…
Smart TV Market Worth US$ 358.6 Billion by 2022-2027 | CAGR of 6.2%
The latest report by IMARC Group, titled "Smart TV Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global smart TV market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global smart TV market reached a value of US$ 239 Billion in 2021. Looking forward, IMARC Group expects the…
Smart Bathroom Market Worth US$ 4.1 Billion by 2022-2027 | CAGR of 9.51%
The latest report by IMARC Group, titled "Smart Bathroom Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global smart bathroom market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global smart bathroom market reached a value of US$ 2.4 Billion in 2021. Looking forward, IMARC Group expects the…
Caustic Soda Market Worth 88.46 Million Tons by 2022-2027 | CAGR of 1.9%
IMARC Group's latest research report, titled "Caustic Soda Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global caustic soda market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global caustic soda market reached a volume of 78.54 Million Tons in 2021. Looking forward, IMARC Group expects the market…
Biologics Market Insight Report, Growth Rate, Analysis, Trends, and Forecast 202 …
According to IMARC Group latest report titled "Biologics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on biologics market growth. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global biologics market reached a value of US$ 294 Billion in 2021. Looking forward, IMARC Group expects the market to reach…
Digital Twin Market Report, Future Scope, Top Companies, Growth and Forecast 202 …
According to IMARC Group latest report titled "Digital Twin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on digital twin market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global digital twin market reached a value of US$ 10.3 Billion in 2021. Looking forward, IMARC Group expects the…
Blockchain in Manufacturing Market Report, Trends, Scope, Size, Share and Foreca …
The latest report published by IMARC Group, titled "Blockchain in Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on blockchain in manufacturing market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global blockchain in manufacturing market reached a value of US$ 717.6 Million in 2021. Looking forward, IMARC…
Real Estate Market Report, Size, Share and Future Prospects Details for Business …
According to IMARC Group latest report titled "Real Estate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on Real Estate market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global real estate market reached a value of US$ 6,883.80 Billion in 2021. Looking forward, IMARC Group expects the market…
Craft Beer Market Report, Industry Share, Size, Demand, Growth, Top Brands and F …
According to IMARC Group latest report titled "Craft Beer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on craft beer market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global craft beer market reached a value of US$ 103.85 Billion in 2021. Looking forward, IMARC Group expects the…
Skin Care Products Market 2022: Industry Analysis, Size, Share, Growth and Resea …
According to the latest report by IMARC Group, titled "Skin Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global skin care products market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global skin care products market reached a value of US$ 145.3 Billion in 2021. Looking forward,…
Animal Health Market 2022: Global Share, Size, Trends, Growth, Companies, and In …
According to the latest report by IMARC Group, titled "Animal Health Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global animal health market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global animal health market reached a value of US$ 34.9 Billion in 2021. Looking forward, IMARC Group…
Global Office Furniture Market 2022: Industry Growth, Size, Share, Price Trends, …
According to the latest report by IMARC Group, titled "Office Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global office furniture market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global office furniture market reached a value of US$ 58.4 Billion in 2021. Looking forward, IMARC Group…
Hard Seltzer Market to Exceed US$ 11.9 Billion During 2022-2027 | CAGR 13.6%
According to the latest report by IMARC Group, titled "Hard Seltzer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global hard seltzer market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global hard seltzer market reached a value of US$ 5.5 Billion in 2021. Looking forward, IMARC Group…
Global Gas Meter Market Driven by the Introduction of Innovative Product Variant …
The latest research study, "Gas Meter Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″ has been added by IMARC Group. The global gas meter market size reached US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.5 Billion by 2027, exhibiting at a CAGR of 6.1% during 2022-2027.
Gas meters are specialized flow meters that measure the volume of fuel gases…
Global Digital Camera Market 2022-2027, Influenced by Launch of Smartphones With …
The global digital camera market size reached US$ 7.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.4 Billion by 2027, exhibiting at a CAGR of 4.39% during 2022-2027.
Digital cameras are multimedia devices that are widely used for capturing and storing videos and photographs in a digital format. They comprise electronic image sensors, lens, variable diaphragm, viewfinder, aperture and the shutter. They also consist of…
Africa E-Learning Report 2021-26: Size, Share, Trends, Growth, Opportunity and C …
According to IMARC Group’s latest report titled, “Africa E-Learning Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Africa e-learning market reached a value of US$ 2.20 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 11.5% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase…
Chatbot Market Growth Rate, Trends, Segmentation, Size, Analysis Report 2021-202 …
According to the latest report by IMARC Group, titled “Chatbot Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global chatbot market size exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 25% during 2021-2026.
A chatbot represents an artificial intelligence (AI)-based computer program that is used for simulating human conversations to allow users to interact with…
Virtual Reality Market Growth Rate, Segmentation, Size, Key Players, Analysis Re …
According to the latest report by IMARC Group, titled ” Virtual reality (VR) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the Global Virtual reality (VR) Market reached a value of US$ 19 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 31% during 2021-2026.
Virtual reality (VR) Market is a computer-generated simulation to facilitate interaction between an artificial 3D…
Digital Payment Market 2021-26: Global Trends, Size, Growth, Opportunity, Indust …
According to the latest report by IMARC Group, titled “Digital Payment Market: Global Industry Size, Share, Trends, Growth, Opportunity and Forecast 2021-2026”, the global digital payment market reached a value of US$ 56.43 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 20.3% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets,…
Saffron Market Size, Share, Growth, Industry Report, Top Companies and Global Tr …
According to IMARC Group’s latest report, titled “Saffron Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global saffron market is expected to grow at a CAGR of around 7% during 2021-2026. Saffron is an orange-yellow colored spice obtained from the dried stigma of the crocus sativus flower. It is rich in several vitamins and dietary minerals and exhibits antioxidant, anti-depressant, and antiseptic properties. As a result,…
Digital Transformation Market 2021-2026 : Global Size, Growth, Trends, Share, Ke …
According to the latest report by IMARC Group, titled “Digital Transformation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the global digital transformation market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 20% during 2021-2026. Digital transformation represents the organizational, operational, and cultural change of an enterprise, industry, or ecosystem with the integration of digital technologies.…
Sports Nutrition Market 2021-2026: Size, Share, Trends, Outlook, Growth, Price, …
According to the latest report by IMARC Group, titled "Sports Nutrition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global sports nutrition market size reached US$ 44.8 Billion in 2020. On account of the aforementioned factors, the market is expected to grow at a CAGR of 5.07% during 2021-2026.
Sports nutrition represents the practice of maintaining a healthy diet by consuming nutrient-rich food products. They include…
Air Purifier Market 2021-2026: Size, Share, Trends, Outlook, Growth, Price, Key …
According to the latest report by IMARC Group, titled "Air Purifier Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global air purifier market exhibited moderate growth during 2015-2020. On account of the aforementioned factors, the market is expected to grow at a CAGR of 8% during 2021-2026.
Air purifiers are generally used to eliminate contaminating particles that are present in the air, including dust, dander and…
Global Vaccine Market Research Report 2021: Size, Share, Trends, Outlook, Growth …
According to the latest report by IMARC Group, titled “Vaccine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global vaccine market size reached US$ 41.4 Billion in 2020. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 8.2% during 2021-2026.
A vaccine refers to a biological preparation that stimulates the production of antibodies and provides immunity against several pathogens.…
Global App Analytics Market 2021-26 | Industry Share, Size, Growth, Trends and F …
According to the latest report by IMARC Group, titled, “App Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, the global app analytics market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 20% during 2021-2026.
App analytics refers to the process of capturing, analyzing, and delivering meaningful insights from application usage and metrics. It aids in enhancing…
Global Social and Emotional Learning Market 2021-26 | Industry Size, Share, Grow …
According to the latest report by IMARC Group, titled, “Social and Emotional Learning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global social and emotional learning market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
Social and emotional learning (SEL) is a process of guiding children to understand and control…
Global Smart Robot Market 2021-26 | Share, Size, Growth, Industry Trends and For …
According to the latest report by IMARC Group, titled, “Smart Robot Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global smart robot market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
Smart robots are computerized reasoning (AI) systems integrated with modern technologies, such as artificial intelligence (AI), machine learning (ML),…
Global Sleepwear Market 2021-26 | Share, Size, Trends, Industry Growth and Forec …
According to the latest report by IMARC Group, titled, “Sleepwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global sleepwear market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
Sleepwear is a comfortable garment worn while sleeping or relaxing. It is manufactured using breathable and light materials, such as cotton,…
Global Epoxy Curing Agent Market 2021-26 | Share, Size, Growth, Trends, Analysis …
According to the latest report by IMARC Group, titled, “Epoxy Curing Agent Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global epoxy curing agent market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
Epoxy curing agents work efficiently when combined with epoxy resins, which are low molecular weight pre-polymers or…
Global Cybersecurity Market, Growth, Industry Trends, Size, Overview, Report 202 …
According to the latest report by IMARC Group, titled “Cybersecurity Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global cybersecurity market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to expand at a CAGR of around 11% during 2021-2026.
Cybersecurity solutions are used to secure servers, networks, and other electronic systems from unauthorized access of data. They reduce the vulnerability of…
Shipping Container Market Trends, Global Growth Rate, Outlook, Report 2021-26
According to the latest report by IMARC Group, titled “Shipping Container Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global shipping container market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
A shipping container is a steel box used to transport heavy equipment and dry goods. It reduces the time…
Home Automation System Market Expected to Rise at a CAGR of 8.7% during 2021-202 …
According to IMARC Group latest report titled” Home Automation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a value of US$ 60.2 Billion in 2020. The global Home Automation System market to grow at a CAGR of 8.7% during 2021-2026. Home automation, or a smart home system, integrates smart technology with homes for energy conservation, safety, and comfort. It primarily includes the control…
Global Embedded Analytics Market 2021-26 | Size, Share, Growth, Trends and Forec …
According to the latest report by IMARC Group, titled, “Embedded Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global embedded analytics market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.
Embedded analytics provides an interface for data visualizations, static and interactive reports, benchmarking, mobile reporting, ad hoc querying, and…
Digital Asset Management Market 2021-2026: Size, Share, Trends, Outlook, Growth, …
Digital asset management (DAM) is an automated solution that enables quick storage, retrieval, reviewing, and sharing of digital assets through a centralized interface. These assets usually include processed data files, text documents, engineering blueprints, audios, web pages, videos, graphics, etc. Additionally, they automate workflow, manage permissions through copyright functionalities, streamline cloud experience for users, etc. Owing to these benefits, DAM solutions are extensively used across various industries, including healthcare, information…
Mushroom Market 2021-2026: Size, Share, Trends, Outlook, Growth, Price, Key Play …
Mushroom refers to a type of fungi that is considered edible and forms a significant part of numerous cuisines across the world. Edible mushrooms are commonly grown in a controlled environment with appropriate light, air pressure, humidity, ventilation, nutrients, soil pH levels, etc. They are rich in potassium, riboflavin, selenium, Vitamin D, etc. Mushrooms are proven to be highly beneficial in building immunity, managing weight, reducing the risks of various…
Multi-Factor Authentication Market 2021-2026: Size, Share, Trends, Outlook, Grow …
Multi-factor authentication refers to an electronic method of verification that helps in gaining access to online resources. It includes the usage of login credentials, biometric verification, one-time password (OTP) and security tokens. It is widely utilized to protect individuals, businesses or organizations from cyberattacks and security breaches. Also, it provides protection by declining unauthorized access to confidential databases and networks.
According to the latest report by IMARC Group, titled "Multi-Factor Authentication…
Caustic Soda Market 2021-2026: Size, Share, Trends, Outlook, Growth, Price, Key …
Caustic soda is an inorganic compound comprising sodium cations and hydroxide anions. Also known as sodium hydroxide, it is an odorless and non-flammable white solid that is commercially available as pellets, aqueous solutions of different concentrations, granules, and flakes. Due to its corrosive nature, it can generate heat and also ignite combustible materials when dissolved in water. Caustic soda is primarily used as a raw material across various industries, such…
Mobile Wallet Market Size, Share, Analysis, Growth, Trends and Forecast 2021 to …
According to IMARC Group latest report titled” Mobile Wallet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The Global Mobile Wallet Market to grow at a CAGR of 20% during 2021-2026. A mobile wallet can be defined as a virtual system that stores debit or credit card information on a mobile device. Other than this, this wallet enables consumers to…