Press Releases by Category IT, New Media & Software
Primary Catalyst Driving Scooter Market Evolution in 2025: Road Construction Inv …
How Are the key drivers contributing to the expansion of the scooter market?
Investments directed towards road construction act as a catalyst for the scooter market. The repair, maintenance and construction of brand-new thoroughfares are essential for improved transport accessibility. High-quality roads are particularly beneficial for vehicles, notably two-wheelers, offering them a smooth travel devoid of hindrances and jolts. Thus, it can be observed that scooters function more productively on properly…
Rising Maritime Trade Fuels Growth In The Digital Shipyard Market: A Key Factor …
How Are the key drivers contributing to the expansion of the digital shipyard market?
The surge in maritime trade is anticipated to stimulate the expansion of the digital shipyard market. Maritime trade, or the conveyance of commodities via navigable water routes and ports, is made more efficient by digital shipyards. These digital platforms modernize shipbuilding procedures, increase efficiency, and permit the creation of smarter, greener vessels. For example, a report released…
Increasing Digital Transformation Surge Demand For Data Center Ups : A Key Facto …
Which drivers are expected to have the greatest impact on the over the data center ups market's growth?
The uptick in digital transformation is anticipated to accelerate the data center UPS market's growth in the future. Digital transformation involves transitioning from traditional methods to an online or digital setting utilizing internet services. This transformation involves a higher use of the internet or data needing consistent power supplies and data centers to…
Industrial Control Systems (ICS) Security Market Set to Reach $27.79 Billion by …
Which drivers are expected to have the greatest impact on the over the industrial control systems (ics) security market's growth?
The industrial control systems (ICS) security market is projected to grow due to the increasing number of cyberattacks on pivotal infrastructure. Critical infrastructure comprises systems and assets vital for the functioning of our economy and society, such as financial institutions, government organizations, power and water systems, transportation networks, and communication infrastructures.…
Comprehensive Construction Estimating Software Market Insights: Forecasting Size …
What market dynamics are playing a key role in accelerating the growth of the construction estimating software market?
The surge in construction work is projected to stimulate the growth of the construction estimating software market. Construction involves the establishment, reconstruction, deconstruction, upkeep, or refurbishment of buildings, structures, or other works of civil engineering or architecture. This includes tasks like site preparation, excavation, drilling, seismic analysis, supply of products, materials, equipment, and…
In-Depth Analysis of the Retail Analytics Market: Growth Opportunities, Key Tren …
Which drivers are expected to have the greatest impact on the over the retail analytics market's growth?
The retail analytics market is expected to be propelled by the digital transformation aimed at improving customer experience and retail operations. Digital transformation involves utilizing digital technology to modify a business model, generating new opportunities for value creation and income. Independent of the platform or location, digital transformation provides businesses the opportunity to engage…
Global Renewable Chemicals Market Projected to Surpass $222.61 Billion by 2029 w …
How Are the key drivers contributing to the expansion of the renewable chemicals market?
The renewable chemicals market looks to be positioned well for growth, driven by an increasing demand stemming from the automotive industry. Biopolymers sourced from renewables have found their application in automobile production. The Society of Indian Automobile Manufacturers (SIAM), a not-for-profit entity based in India that stands for automobile manufacturers, provided data in May 2022 indicating a…
Prominent Chemical Mechanical Planarization Market Trend for 2025: Product Innov …
How Are the key drivers contributing to the expansion of the chemical mechanical planarization market?
The growth of the chemical mechanical planarization market is anticipated to be propelled by the escalating popularity of smartphones. These mobile devices, which come with superior computing abilities, provide internet connectivity, support applications, and offer multimedia functions through touchscreens and operating systems like Android and iOS. Chemical mechanical planarization takes an indispensable part in the manufacturing…
Hyperscale Edge Computing Market Forecast 2025-2034: Analysing Major Trends, Opp …
What industry-specific factors are fueling the growth of the hyperscale edge computing market?
The hyperscale edge computing market is anticipated to flourish owing to the rise in the number of edge data centers. These smaller, decentralized units facilitate computing and storage closer to the data source, thereby reducing latency and optimizing bandwidth. They enable the introduction of new applications. Hyperscale edge computing enhances the scalability of IT infrastructure within these edge…
Rising Prevalence Of Rare Diseases Fuels Growth Of Rare Disease Treatment Market …
What combination of drivers is leading to accelerated growth in the rare diseases treatment market?
The mounting pressure of uncommon illnesses is propelling the market for their treatments. These are diseases that have a significantly smaller patient pool in comparison to typical illnesses. A rising number of cases and deaths attributed to these rare diseases is fostering a need for efficient forms of treatment. For instance, the Orphanet Journal of Rare…
Global Hydroelectric Cells Market Projected to Surpass $2.65 Billion by 2029 wit …
Which drivers are expected to have the greatest impact on the over the hydroelectric cells market's growth?
The hydroelectric cells market is experiencing substantial growth, largely attributed to increasing investments in renewable power generation. Renewable energy, derived from naturally recurring resources such as the sun and wind, is being increasingly embraced by numerous power generation companies, predominantly in the United States and Europe. These corporations are making significant investments in renewable…
The Growing Integration Of Cloud-Based Services Fuels Expansion In The HRO BPO M …
What market dynamics are playing a key role in accelerating the growth of the hro bpo market?
The rising fusion of cloud-oriented services is anticipated to spur the expansion of the HRO BPO market in the foreseeable future. The term cloud services encompasses hardware, software, or platforms hosted by external providers and available to users via the internet. These cloud-based HR systems are utilized for managing candidates, perusing resumes, producing reports,…
Europe Online Grocery Market Size to Reach USD 440.3 Billion by 2033 | Industry …
Europe Online Grocery Market Outlook
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 66.3 Billion
Market Forecast in 2033: USD 440.3 Billion
Market Growth Rate: 23.4% (2025-2033)
The Europe online grocery market size was valued at USD 66.3 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 440.3 Billion by 2033, exhibiting a CAGR of 23.4% from 2025-2033.
Europe Online Grocery Market Trends:
The European grocery delivery market is…
Technological Advancements In High-Performance Liquid Chromatography (HPLC) Tren …
What industry-specific factors are fueling the growth of the high performance liquid chromatography market?
The rise in chronic diseases, such as cancer, heart disease, stroke, diabetes, and arthritis, is anticipated to fuel the expansion of the high-performance liquid chromatography (HPLC) market. These diseases, which tend to be long-term and require significant medical care, can be more effectively treated and managed through the use of HPLC. This technology is used to verify…
A Deep Dive into Application Specific Integrated Circuit Market 2025: Key Driver …
What market dynamics are playing a key role in accelerating the growth of the application specific integrated circuit market?
The expansion of the application-specific integrated circuit market is being fuelled by the increasing acceptance of cryptocurrencies. Cryptocurrencies, a form of digital currency, are developed using encryption techniques. Thanks to encryption technology, cryptocurrencies act both as a transaction medium and a virtual financial management system. These ASIC devices play a vital role…
Global Hybrid Cloud Market to Reach $259.13 Billion by 2029, Growing at 19% CAGR
What combination of drivers is leading to accelerated growth in the hybrid cloud market?
The escalating adoption rate of cloud services is projected to spur the growth of the hybrid cloud market in the future. Cloud services encompass a broad spectrum of on-demand services provided to customers and businesses through the internet. A hybrid cloud merges on-site infrastructure with public and private cloud services, providing enterprises the advantage of private cloud…
Proteases Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and …
What industry-specific factors are fueling the growth of the proteases market?
The proteases market's growth is anticipated to be propelled by the increasing count of health-conscious consumers. These consumers lead a lifestyle focused on wellness, demonstrating concern for their environment and nutrition. They express an interest in consuming healthier products laden with proteases, which aid digestion and weight management. For instance, Food Insight, a non-profit organization based in the US, reported…
Headset Market Set to Reach $394.31 Billion by 2029 with 32% Yearly Growth
How Are the key drivers contributing to the expansion of the headset market?
The escalating utilization of smartphones is predicted to boost the headset market's expansion in the future. Smartphones, which offer many functionalities of a computer with multiple benefits such as a touchscreen interface, web access, and compatibility, are increasingly becoming more prevalent. Headsets come handy for smartphone users, offering enhanced communication for both gaming and routine calls. This results…
Primary Catalyst Driving Active Protection Systems Market Evolution in 2025: Act …
What combination of drivers is leading to accelerated growth in the active protection systems market?
The active protection systems market is anticipated to expand due to the increased prevalence of terrorist attacks and threats. Such attacks perpetuate violence and induce widespread fear or terror, targeting individuals or places. Active protection systems offer a defense against these terrorist activities by providing protection against closely maneuverable projectiles like sea-skimming weapons and anti-tank-guided missiles.…
In-Depth Analysis of the Zero Trust Security Market: Growth Opportunities, Key T …
What market dynamics are playing a key role in accelerating the growth of the zero trust security market?
The escalating occurrences of data violations and cyber threats are predicted to stimulate the expansion of the zero-trust security market. Unauthorized entry into computer systems or networks to acquire confidential personal and financial intelligence from customers or users is recognized as a cyber data breach. The frequent instigation of these breaches necessitates the…
Background Check Software Market: Empowering Trust Through Technological Innovat …
In 2024, the global background check software market was valued at approximately USD 6.44 billion and is projected to reach around USD 11.92 billion by 2033, reflecting a compound annual growth rate (CAGR) of 9.8% during the forecast period.
The background check software market has emerged as a crucial component in today's digital ecosystem, revolutionizing how organizations validate and verify candidate credentials and business partners. Driven by a growing demand for…
Proteases Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and …
What industry-specific factors are fueling the growth of the proteases market?
The proteases market's growth is anticipated to be propelled by the increasing count of health-conscious consumers. These consumers lead a lifestyle focused on wellness, demonstrating concern for their environment and nutrition. They express an interest in consuming healthier products laden with proteases, which aid digestion and weight management. For instance, Food Insight, a non-profit organization based in the US, reported…
5G Network Development Fuels Growth In The Wireless Testing Market Driver: Leadi …
What industry-specific factors are fueling the growth of the wireless testing market?
The growth of the wireless testing market is significantly stimulated by the creation and implementation of the 5G network. The 5th generation mobile network, known as 5G, provides superior multi-Gbps peak data transfer rates, remarkably low latency, greater reliability, expanded network capacity, improved availability, and a more dependable user experience for a greater number of users. This 5G networks…
Global Professional Cloud Services Market to Reach $82.76 Billion by 2029, Growi …
What combination of drivers is leading to accelerated growth in the professional cloud services market?
The growing emphasis on digital transformation strategies is predicted to stimulate the professional cloud services market's expansion. Digital transformation, the process of utilizing digital technologies to invent new or modify existing business procedures, is accelerating dramatically. Professional cloud services providers play a critical role in this, offering strategic direction and tech planning support to aid businesses…
F&A BPO Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emer …
How Are the key drivers contributing to the expansion of the f&a bpo market?
The growth of the F&A BPO market is anticipated to be spurred by the forthcoming changes in income tax legislation and the emergence of new rules and regulations by the authorities. These changes in regulations and tax laws aim to curb inflation, facilitate housing, manage urban development, and regulate activities to benefit the public. Tax filings rendered…
Prominent Industrial Metrology Market Trend for 2025: Innovative Product Offerin …
What combination of drivers is leading to accelerated growth in the industrial metrology market?
There is an anticipation that the increasing use of hybrid and electric vehicles will stimulate the expansion of the industrial metrology market. Hybrid electric cars are ones that utilise an internal combustion engine alongside one or more electric motors that operate using power from batteries. As gears for electric vehicles (EV) are crucial for enhancing range, metrology…
Key Trend Reshaping the Proactive Services Market in 2025: Driving Proactive Ser …
Which drivers are expected to have the greatest impact on the over the proactive services market's growth?
The upsurge in the usage of artificial intelligence (AI) and the internet of things (IoT) is notably fuelling the expansion of the proactive services market. AI and IoT gather intelligence from diverse sources within a network, enabling them to analyze this data and detect patterns. This valuable insight can be leveraged to foresee recurrent…
Quantum as a service (QaaS) Market Gain Momentum | Big Giants IBM Quantum, Googl …
The Quantum as a service (QaaS) Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of…
Gas Sensors Market Set to Reach $3.72 Billion by 2029 with 10% Yearly Growth
What industry-specific factors are fueling the growth of the gas sensors market?
The escalating concern of air pollution is predicted to spur the advancement of the gas sensor market. Air pollution involves the presence of detrimental substances in the air which can adversely affect both human health and the environment. This contamination includes particles like nitrogen oxides, ozone, sulfur dioxide, particulate matter and other harmful chemicals. Gas sensors are instrumental devices…
GaN And SiC Power Semiconductor Market Forecast 2025-2034: Evaluating Growth Fac …
Which drivers are expected to have the greatest impact on the over the gan and sic power semiconductor market's growth?
The increasing adoption of electric vehicles promises a surge in the GaN and SiC power semiconductor market's growth. An electric vehicle, which utilizes an electric motor powered by an externally chargeable battery, employs gallium nitride power semiconductors for its high-efficiency power transistors and integrated circuits. Moreover, SiC power semiconductors offer advantages…
Global Door And Window Automation Market Projected to Surpass $26.38 Billion by …
What market dynamics are playing a key role in accelerating the growth of the door and window automation market?
The increased use of automated doors and windows by the elderly and handicapped is playing a notable role in propelling the growth of the door and window automation industry. These automated doors and windows, which can be remotely and automatically operated, make daily life easier for those with disabilities, which encapsulates issues…
Prominent Industrial Metrology Market Trend for 2025: Innovative Product Offerin …
What combination of drivers is leading to accelerated growth in the industrial metrology market?
There is an anticipation that the increasing use of hybrid and electric vehicles will stimulate the expansion of the industrial metrology market. Hybrid electric cars are ones that utilise an internal combustion engine alongside one or more electric motors that operate using power from batteries. As gears for electric vehicles (EV) are crucial for enhancing range, metrology…
Key Trend Reshaping the Proactive Services Market in 2025: Driving Proactive Ser …
Which drivers are expected to have the greatest impact on the over the proactive services market's growth?
The upsurge in the usage of artificial intelligence (AI) and the internet of things (IoT) is notably fuelling the expansion of the proactive services market. AI and IoT gather intelligence from diverse sources within a network, enabling them to analyze this data and detect patterns. This valuable insight can be leveraged to foresee recurrent…
Comprehensive Industrial Control & Factory Automation Market Insights: Forecasti …
What industry-specific factors are fueling the growth of the industrial control & factory automation market?
The rise of interconnected businesses is predicted to stimulate the expansion of the industrial control and factory automation market in the future. These are corporations that have digitized all of their operational processes using IoT technology to enhance efficiency. Essential to the establishment of interconnected businesses is business process automation, which enables factories to function with…
Artificial Intelligence in Biotechnology Market: Pioneering the Future of Scienc …
In 2024, the artificial intelligence in biotechnology market was valued at approximately USD 4.70 billion and is projected to reach around USD 27.43 billion by 2033, reflecting a compound annual growth rate (CAGR) of 29.7%from 2025 to 2033.
The integration of artificial intelligence (AI) into biotechnology has revolutionized the way scientific research, drug discovery, and personalized medicine are approached. This emerging market is rapidly expanding as biotechnology firms, research institutions, and…
Blockchain Development Service Market to Witness Stunning Growth | IBM, ConsenSy …
The Blockchain Development Service Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market.…
Claims Processing Software Market Set to Reach $66.23 Billion by 2029 with 10% Y …
What market dynamics are playing a key role in accelerating the growth of the claims processing software market?
The prospects for growth in the claims processing software market are forecasted to intensify as a result of efforts to diminish exposure to compliance risk. Compliance risk alludes to the possible legal repercussions, financial punishments, and tangible damage that may be incurred if an organization fails to adhere to industry laws, regulations, internal…
Key Trend Reshaping the Talent Management Software Market in 2025: Technological …
Which drivers are expected to have the greatest impact on the over the talent management software market's growth?
The escalating utilization of social networking sites is propelling the demand for talent management software in the future. These social network platforms are web-based services that let users establish a public or semi-public profile inside a confined system, develop a list of other connected users, and explore both their connections and the connections…
API Management Market: Driving Digital Transformation Through Innovative Integra …
In 2024, the global API management market was valued at approximately USD 9.07 billion and is projected to reach around USD 49.33 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 23.3%from 2025 to 2033.
The API management market has emerged as a pivotal segment in today's technology landscape, fundamentally reshaping how businesses expose, manage, and secure their digital assets. Driven by the increasing need for interoperability and agility,…
Automation And Industrialization Fuel Electric Heat Tracing Market Growth Driver …
What industry-specific factors are fueling the growth of the electric heat tracing market?
The increased automation and industrialization worldwide is anticipated to fuel the expansion of the electric heat tracing market in the future. This refers to the transition from an economy rooted in manual labor to one dominated by machine labor in an industrial society. Heightened automation in the manufacturing processes of electric heat systems presents benefits such as lower…
Rising Demand From Healthcare Industries Fuels Expansion In The Bioprocess Techn …
What combination of drivers is leading to accelerated growth in the bioprocess technology market?
The bioprocess technology market is projected to experience growth, driven by the increasing demand from healthcare industries. These industries comprise firms or institutions that offer medical-related products, services, and technologies. Bioprocess technology involves the use of living cells, including bacterial or mammalian cells, for the production of therapeutic proteins, vaccines, and other biologics. These play an essential…
Comprehensive Digital Identity Solutions Market Insights: Forecasting Size, Grow …
Which drivers are expected to have the greatest impact on the over the digital identity solutions market's growth?
The surge in cybercriminal activities and fraudulent schemes is anticipated to fuel the advancement of the digital identity solutions market. Cybercrime, as defined, involves any criminal activity that implicates or targets a computer, PC network, or any linked device. Such activities are actions of individuals or groups intending to damage these systems or…
Automotive Display System Market Set to Reach $47.37 Billion by 2029 with 15% Ye …
How Are the key drivers contributing to the expansion of the automotive display system market?
The anticipated increase in vehicle manufacturing is set to fuel the expansion of the automotive display system market. The manufacturing of vehicles involves the mass-scale production of identical models of cars or other vehicles. An automotive display system is a display setup that conveys relevant car-related information, which is critical for the driver. Such advantages have…
Global Electronic Logging Device Market Projected to Surpass $18.44 Billion by 2 …
What combination of drivers is leading to accelerated growth in the electronic logging device market?
The anticipated expansion of the electronic logging device market is attributed to the escalating need for electronics in the automotive sector. This sector features businesses specializing in vehicle manufacturing, distribution, sales, and servicing. The federal motor carrier safety administration's ruling has made it compulsory for every low-commercial vehicle to have electronic logging devices. For instance, the…
Global Hydroelectric Cells Market Projected to Surpass $2.65 Billion by 2029 wit …
Which drivers are expected to have the greatest impact on the over the hydroelectric cells market's growth?
The hydroelectric cells market is experiencing substantial growth, largely attributed to increasing investments in renewable power generation. Renewable energy, derived from naturally recurring resources such as the sun and wind, is being increasingly embraced by numerous power generation companies, predominantly in the United States and Europe. These corporations are making significant investments in renewable…
Technological Advancements Propel Innovation In The Electrical And Electronic Ma …
What industry-specific factors are fueling the growth of the electrical and electronics materials market?
The expansion of the electric vehicle (EV) production is predicted to spur the rise of the electrical and electronic materials market. An electric vehicle is defined as a machine powered by an electric motor that utilizes energy from a battery, which can be replenished from an outside supply. The assortment of electrical and electronic materials is deemed…
Key Trends Shaping the Future Aircraft Cabin Lighting Market From 2025-2034: Led …
What industry-specific factors are fueling the growth of the aircraft cabin lighting market?
The anticipated surge in the production of aircraft is predicted to fuel the expansion of the aircraft cabin lighting market. When we speak of aircraft production, we mean the construction of planes including integral elements like propulsion systems, avionics, and additional related gear. One significant aspect where cabin lighting can make a difference is in the overall visual…
GaN And SiC Power Semiconductor Market Forecast 2025-2034: Evaluating Growth Fac …
Which drivers are expected to have the greatest impact on the over the gan and sic power semiconductor market's growth?
The increasing adoption of electric vehicles promises a surge in the GaN and SiC power semiconductor market's growth. An electric vehicle, which utilizes an electric motor powered by an externally chargeable battery, employs gallium nitride power semiconductors for its high-efficiency power transistors and integrated circuits. Moreover, SiC power semiconductors offer advantages…
Rising Prevalence Of Cyberattacks To Drive Market Growth Driver: A Major Catalys …
How Are the key drivers contributing to the expansion of the virtualization security market?
The escalation in cyberattack events is propelling the development of the virtualization security market. A cyberattack is essentially a prohibited attempt to invade a computer network or system with the intention of inflicting harm. Attackers often aim their malicious activities at virtualization systems, which enhances the requirement for securing these systems. This is where virtualization security services…
X-Band Radar Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Sh …
What industry-specific factors are fueling the growth of the x-band radar market?
The expansion of the X-band radar market is largely attributed to the escalating need for security systems. Such systems are essentially a collection of safety measures or machinery crafted to safeguard humans and assets from various potential threats. Features such as real-time monitoring, early detection, and target acquisition of border security systems serve to boost land and maritime security,…
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