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anany joshiCold Chain RFID Market Will Advance at a 16.3% CAGR
The cold chain RFID market is estimated to generate USD 2,166.5 million in 2023, which will increase to USD 6,119.8 million, growing at a 16.3% CAGR, by... moreCold Chain RFID Market Will Advance at a 16.3% CAGR
The cold chain RFID market is estimated to generate USD 2,166.5 million in 2023, which will increase to USD 6,119.8 million, growing at a 16.3% CAGR, by 2030.
The growth of this industry will be further boosted by the changing customer preferences, coupled with the rising online retail sales. Additionally, the requirement for cold chain solutions is surging in developing nations because of the increasing count of organized retail outlets.
anany joshiDeveloping Hospitals Adding to the Requirement for IoT in Structure Monitoring
The IoT market in structure monitoring will grow significantly globally. The market in structure monitoring refers to system which deals with interconnected devices to... moreDeveloping Hospitals Adding to the Requirement for IoT in Structure Monitoring
The IoT market in structure monitoring will grow significantly globally. The market in structure monitoring refers to system which deals with interconnected devices to monitor the structures like buildings and bridges.
anany joshiCustomer Data Platform Market To Power at a Rate of 33.70%
The customer data platform market will reach USD 48,559 million by 2030, powering at a rate 33.70% in the years to come. The prime factors powering the industry are the increasing... moreCustomer Data Platform Market To Power at a Rate of 33.70%
The customer data platform market will reach USD 48,559 million by 2030, powering at a rate 33.70% in the years to come. The prime factors powering the industry are the increasing digitalization rate and urbanization, snowballing income, evolving telecom & IT sector, and growing funding by public and private sectors for improving marketing capabilities.
anany joshiServo Motors and Drives Market is Led by APAC
The servo motors and drives market will power at a rate of 5.4% in the years to come, to touch USD 18,383 million by 2030, as stated by a market research institution, P&S... moreServo Motors and Drives Market is Led by APAC
The servo motors and drives market will power at a rate of 5.4% in the years to come, to touch USD 18,383 million by 2030, as stated by a market research institution, P&S Intelligence.
The rotary systems will grow at the highest rate in the near future. This is because of the factors for instance removing the necessity for pulleys, gearboxes, and further mechanical apparatus through the expansion of direct-drive rotary systems. This has brought about the minimalized energy consumption, quicker settling times, and improved control of the load nonstop associated with servo motors.
anany joshiBusiness Continuity Management Market Was Dominated by Large Enterprises
The business continuity management market generated USD 536 million in 2022, and it will power at a rate of 15.30% by the end of this decade, to reach USD 1,673 million by 2030, as... moreBusiness Continuity Management Market Was Dominated by Large Enterprises
The business continuity management market generated USD 536 million in 2022, and it will power at a rate of 15.30% by the end of this decade, to reach USD 1,673 million by 2030, as per P&S Intelligence.
Solutions had the larger revenue share and it will continue dominating the industry, and the trend will continue in the years to come. The growth is mostly credited to the growing disposition of BCM solutions for management of risk, managing crisis, and audit management.
anany joshiEurope is Dominating Blockchain in Healthcare Market
The total value of the global blockchain in the healthcare market was USD 304.04 million in 2021, and it will rise at a growth rate of above 48.90% shortly, reaching USD 10,939 million by 2030,... moreEurope is Dominating Blockchain in Healthcare Market
The total value of the global blockchain in the healthcare market was USD 304.04 million in 2021, and it will rise at a growth rate of above 48.90% shortly, reaching USD 10,939 million by 2030, according to P&S Intelligence.
This development can be credited to the increasing occurrence of medicinal data breaches and the growing execution of IoT in the healthcare industry. In 2022, Yuma Regional Medical Center has gone through a ransomware attack that disposed of the private data of patients.
anany joshiAPAC Is Dominating Battery Production Machine Market
The battery production machine market garners USD 7,227 million in revenue in 2022, and it is projected to rise at the rate of 22.4% in the coming future, to hit USD 36,409 million in revenue in... moreAPAC Is Dominating Battery Production Machine Market
The battery production machine market garners USD 7,227 million in revenue in 2022, and it is projected to rise at the rate of 22.4% in the coming future, to hit USD 36,409 million in revenue in 2030, according to a research report by market research company P&S Intelligence.
This growth can be credited to the increasing public knowledge regarding environmental issues, snowballing number of lithium-ion gigafactories, and the mounting demand for EVs.
anany joshiThe Booming UK Data Center Market: A Digital Powerhouse
In today's progressively digitized world, data centers play an important role in
driving our connected lives. Such services act as the backbone of the... moreThe Booming UK Data Center Market: A Digital Powerhouse
In today's progressively digitized world, data centers play an important role in
driving our connected lives. Such services act as the backbone of the digital
economy, housing and handling the huge amounts of data produced every day. One
country that has witnessed substantial development in the data center market is
the U.K. In this blog, we will explore the booming UK data center industry, its
main drivers, challenges, and its effect on the nations digital landscape.
anany joshiPrecision Farming Application Dominated AI in Agriculture Market
By 2050, the population will increase by 9.8 billion, predicts the UN Food and Agriculture Organization. On the other hand, just 4% more land will be farmed by then. In this view, one of... morePrecision Farming Application Dominated AI in Agriculture Market
By 2050, the population will increase by 9.8 billion, predicts the UN Food and Agriculture Organization. On the other hand, just 4% more land will be farmed by then. In this view, one of the most important criteria is still the employment of advanced technical solutions to increase farming efficiency.
While AI has numerous immediate applications in a variety of industries, such as farming, it will also improve crop quality and speed up the time it takes to get commodities to the industry. The AI in agriculture market is expected to touch USD 8,308.5 million by 2030, as per P&S Intelligence.
anany joshiWhy will Indian Compressor Market Boom in Northern Region in Future?
The Indian compressor market was valued at $1,943.4 million in 2019, and it is predicted to generate a revenue of $2,891.9 million by 2030. According to the estimates of the market... moreWhy will Indian Compressor Market Boom in Northern Region in Future?
The Indian compressor market was valued at $1,943.4 million in 2019, and it is predicted to generate a revenue of $2,891.9 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 6.2% from 2020 to 2030. The expansion of the automotive industry is one of the major factors fueling the growth of the market. According to the India Brand Equity Foundation (IBEF), the automotive industry in India will generate a revenue of Rs. 16.16-18.18 trillion (US$ 251.4-282.8 billion) by 2026.
Additionally, the boom in the manufacturing sector, on account of the enactment of favorable government policies, is also predicted to propel the advancement of the market in the coming years. Besides, the inflow of huge foreign direct investments (FDI) is also driving the growth of the manufacturing sector in the country. Owing to these factors, the manufacturing sector in the... less
July 13, 2023
anany joshiBoom
in Chemical Industry Augmenting Sales of Vacuum Pumps in China
With the rapid expansion of the chemical industry, the sales of vacuum pumps are booming in China. This is because vacuum pumps are used extensively in the chemical and pharmaceutical... moreBoom
in Chemical Industry Augmenting Sales of Vacuum Pumps in China
With the rapid expansion of the chemical industry, the sales of vacuum pumps are booming in China. This is because vacuum pumps are used extensively in the chemical and pharmaceutical industry in several applications such as material transfer, drying, and distillation. According to various reports, China had the highest share in global chemical production in 2018. The country accounted for around 37% of the total chemical sales across the world.
Moreover, due to the surging investments, the increasing enactment of favorable government laws and policies, the easy availability of affordable capital and labor, the existence of relaxed environmental policies, and the provision of government subsidies, the chemical industry is exhibiting unprecedented growth in the country.
anany joshiBanks Improve Operations Through Voice Assistant Technology
Business organizations are adopting voice assistant solutions to offer a better customer experience. These entities are integrating the solutions with their customer experience strategy to... moreBanks Improve Operations Through Voice Assistant Technology
Business organizations are adopting voice assistant solutions to offer a better customer experience. These entities are integrating the solutions with their customer experience strategy to improve their engagement with the users. The customers use voice search technology to get relevant and fast answers from the enterprises. This technology effectively helps users by analyzing received input. Owing to this reason, the voice assistant market is projected to advance at a CAGR of 29.7% during 2020–2030, and the market generated $1,723.6 million in 2019 and is expected to reach $26,872.6 million by 2030.
anany joshiHealthcare Bioconvergence Market was
Dominated by the European Region
The healthcare bioconvergence market was valued at USD 122 billion by 2022 will advance at 7.5% CAGR during the projected period, to touch USD 216 billion by... moreHealthcare Bioconvergence Market was
Dominated by the European Region
The healthcare bioconvergence market was valued at USD 122 billion by 2022 will advance at 7.5% CAGR during the projected period, to touch USD 216 billion by 2030.
The market is on the rise due to the increasing count of elderly people and the growing usage of stem cells for regenerating organs, tissues, and injured cells.
anany joshiU.A.E. Heating Equipment Market To Generate $121.4 Million Revenue
by 2030
The U.A.E. heating equipment market will advance at a CAGR of 2.9% during the forecast period (2020–2030) owing to the rising number of construction projects in the country's... moreU.A.E. Heating Equipment Market To Generate $121.4 Million Revenue
by 2030
The U.A.E. heating equipment market will advance at a CAGR of 2.9% during the forecast period (2020–2030) owing to the rising number of construction projects in the country's transportation sector and expanding Dubai's hospitality sector. According to P&S Intelligence, the market was valued at $89.5 million in 2019 and will generate $121.4 million in revenue by 2030. In recent years, energy-efficient heating systems have become a major trend in the market as they help in reducing greenhouse gas (GHG) emissions.
The heating equipment demand in the U.A.E. is driven by the growth of the hospitality sector in the country. The expansion of the hospitality industry can be attributed to the surging construction of hotels due to the rising tourist activities and the ongoing Dubai Expo 2020.
anany joshiHow Is Wi-Fi Analytics Market Being Driven by Rising Smartphone Sales?
Factors such as the increasing penetration of smartphones, surging adoption of the big data technology, and rising public Wi-Fi deployment are expected to drive the growth of the... moreHow Is Wi-Fi Analytics Market Being Driven by Rising Smartphone Sales?
Factors such as the increasing penetration of smartphones, surging adoption of the big data technology, and rising public Wi-Fi deployment are expected to drive the growth of the Wi-Fi analytics market at a CAGR of 24.2% in the foreseeable period (2020–2030). According to P&S Intelligence, the market size will increase from $5,210.0 million in 2019 to $52,975.5 million by 2030. Moreover, the market is witnessing the surging adoption of social media, which plays a major role in customer engagement and communication.
One of the key factors driving the growth of the Wi-Fi analytics market is the rising number of public Wi-Fi networks. The deployment of public Wi-Fi is increasing due to the surging penetration of smartphones, tablets, and other internet-connected devices. The adoption of public Wi-Fi hotspots will witness fourfold growth during 2018–2023 as such networks meet the surging need for bandwidth, which encourages... less