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Showing posts from August, 2024

Telecom API Market 2030 - Driving Innovation and Growth

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Telecom API Market Growth & Trends The global  telecom API market  was valued at USD 827.45 billion in 2030 and is estimated to expand at a CAGR of 21.3% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. Growing demand for smartphones integrated with features such as GPS services, digital wallets, 5G, and Near-Field Communication (NFC), among others, is estimated to drive the market growth in the forecast period. Application programming interface (API) facilitates web-based solution developers to develop applications through a single point of contact using the capabilities offered by the application programming interface (API) platform for agile application development. The increasing adoption of the Internet of Things (IoT) in the telecommunication sector is anticipated to sustain market growth over the forecast period. CSPs such as Orange, Verizon, AT&T, Inc., Google LLP, and others are providing their IoT API platforms to various sectors such a

Interactive Display Market 2030 - Transforming Industries

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Interactive Display Market Growth & Trends The global  interactive display market  size is expected to reach USD 75.06 billion by 2030, according to a recent analysis from Grand View Research, Inc. Furthermore, the industry is expected to expand at a CAGR of 7.8% over the forecast period. The interactive or touchscreen display is a display unit that accepts user commands with the help of a finger or stylus in place of peripheral devices, such as a mouse or keyboard. Additionally, these display includes screens that project information, such as texts, images, and videos. These display screens are used in various industries, such as retail, healthcare, hospitality, and education. Rapidly increasing adoption of touchscreen tables as well as video walls in the hospitality and corporate sectors is expected to drive the market during the forecast period. The touchscreen table acts as a menu board to indicate the waiting time of the orders taken from the customer, along with prices and

Intelligent Transportation System Market 2030 - Emerging Technologies and Innovations

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Intelligent Transportation System Market Growth & Trends The global  intelligent transportation system market  size is expected to reach USD 90.39 billion by 2030 and grow at a significant CAGR of 8.5% from 2023 to 2030, according to the new reports of Grand View Research, Inc. The continuous advancements in transportation network technologies have accelerated the demand for efficient transportation systems. The latest technologies, such as electronic toll collection, Next-Generation Air/Ground Communication (NEXCOM), drone traffic management, and blind-spot detection, resulted in heightened expectations for efficient traffic and transportation networks. The growing need to present real-time traffic information equipped with Artificial Intelligence (AI) and Virtual Reality (VR) for enhanced safety & security is boosting the growth of the intelligent transportation system (ITS) market. Gather more insights about the market drivers, restrains and growth of the Intelligent Tran

The Role of Antimicrobial Additives in Modern Manufacturing

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Antimicrobial Additives Market Growth & Trends The global  antimicrobial additives market  size is expected to reach USD 5.63 billion by 2030, registering a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand is ascending at a prominent rate owing to increasing product consumption in medical devices & equipment and other end-use industries, such as packaging, food & beverage, healthcare, personal care, and electronic goods. They are majorly utilized to enhance the physical as well as chemical properties, increase shelf life & aesthetic value of materials, and minimize the risk of microbes, such as MRSA and legionella. The product demand is expected to increase majorly in the healthcare and packaging application industries owing to the COVID-19 pandemic. The continuously rising demand for healthcare and packaging products due to increasing cases of COVID-19 will positively impact the market growth. The Asia Pacific is expec

Patient Monitoring Devices Market 2030 - A Technological Perspective

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Patient Monitoring Devices Market Growth & Trends The global  patient monitoring devices market  size is expected to reach USD 92.8 billion by 2030 and is projected to grow at a CAGR of 7.8%, according to a new report by Grand View Research, Inc. The demand in the market is expected to rise owing to the technological advancements in patient monitoring devices along with the growth in the number of hospital admissions globally. Improving healthcare expenditure across the globe coupled with the rising adoption of remote monitoring systems will also augment the market growth over the forecast period. Many hospitals and healthcare providers are investing in remote patient monitoring technologies as a part of a value-based care model. Gather more insights about the market drivers, restrains and growth of the Patient Monitoring Devices Market Patient monitoring devices help in monitoring and managing high-risk patients that are suffering from chronic diseases and are considered unst

Hyperspectral Imaging Systems Market Forecasts 2030 - Trends and Insights

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Hyperspectral Imaging Systems Market Growth & Trends The global  hyperspectral imaging systems market  size is expected to reach USD 28.63 billion by 2030, expanding at a CAGR of 10.7% from 2024 to 2030, according to a new report by Grand View Research Inc. It is anticipated to expand at a CAGR of 10.3% during the forecast period.  New product launches coupled with advancements in technology, designs, and features are driving the demand from various fields, such as military, remote sensing, healthcare, mining, vision and optical, and meteorology. There are certain advantages of hyperspectral imaging, such as the non-requirement of prior knowledge of the spectrum and sample. In addition, it provides extensive information for analyzing and processing the image. These advantages are anticipated to drive investments from market players, which is anticipated to drive the demand during the forecast period. Hyperspectral imaging is being used extensively in the healthcare sector, mainly

Contact Center Analytics Market 2030 - Leveraging Analytics for Business Success

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Contact Center Analytics Market Growth & Trends The global  contact center analytics market  size is expected to reach USD 5.75 billion by 2030, expanding at a CAGR of 19.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing need among contact center companies to track and measure business performance at each level is expected to drive market growth. Contact center analytics also enables companies to reduce overhead and operational expenses. The funding raised by contact center service providers is also expected to drive market growth. For instance, in May 2021, ASAPP, Inc., an Artificial Intelligence (AI) research-driven customer experience company, announced that it raised USD 120 million. The company would use this funding to expand its portfolio and market reach. Gather more insights about the market drivers, restrains and growth of the Contact Center Analytics Market Companies are entering into partnerships with technology solution provi

Clinical Trial Imaging Market Analysis 2030 - Unlocking the Potential

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Clinical Trial Imaging Market Growth & Trends The global  clinical trial imaging market  size is expected to reach USD 1.97 billion by 2030, registering a CAGR of 6.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing research and development spending to discover new drugs and therapies to treat chronic diseases is propelling the industry growth. Images obtained from the internal examination of the body are used to determine drug activity. Clinical trial imaging provides rapid, detailed, and accurate screening. The need for clinical trial imaging is rapidly increasing in all phases of trials. Medical imaging in clinical trials is used as a primary, quantitative, and surrogate biomarker. The clinical trial design includes selecting patient population, stratification based on biomarkers, different methods for allocation treatments, choosing efficient and reliable endpoints and validation of surrogate endpoints, calculating sample size, trial simul

Building Thermal Insulation Market 2030 - Trends and Opportunities

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Building Thermal Insulation Market Growth & Trends The global  building thermal insulation market   size is expected to reach USD 44.69 billion by 2030, expanding at 4.5% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Favorable regulations owing to focus on lowering the overall energy consumption is likely to be a major factor for the rising popularity of building thermal insulation materials. Thermal insulation materials help reduce the heat buildup within the buildings, thus resulting in lower dependence on air conditioning. This contributes to lowering energy costs. The increasing urban population has led to the limited availability of affordable housing. It has also resulted in crowded roadways and inadequate water & sanitation services. The Middle East & Africa, in particular, is transitioning from places with a severe lack of infrastructure to the development of a robust infrastructure phase, which is expected to fuel demand for therm

Nanosatellite And Microsatellite Market Executive Summary, Dynamics, and Technology Overview 2030

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Nanosatellite And Microsatellite Market Growth & Trends The global  nanosatellite and microsatellite market  size is expected to reach USD 13.89 billion by 2030, growing at a CAGR of 23.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. The upsurge in Earth observation missions and the development of Small Satellite Launch Vehicles (SSLVs) are expected to propel the growth of the market. For instance, in February 2022, EOS-04, an Earth observation satellite, was launched into a sun-synchronous polar orbit by India's Polar Satellite Launch Vehicle PSLV-C52. The satellite weighs 1,710 kg and provides high-quality photographs. The emerging role of small satellites in the telecom sector has enabled telecom providers to accelerate 5G deployment globally, in addition to creating market opportunities for the satellite communication (Satcom) industry stakeholders. Developing small satellites for 5G deployment can particularly benefit in the form of wide-area

Molecular Cytogenetics Market 2030 - Trends and Innovations

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Molecular Cytogenetics Market Growth & Trends The global  molecular cytogenetics market  size is anticipated to reach USD 4.46 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.6% from 2023 to 2030. Rising penetration of molecular cytogenetics in clinical pathological testing, growing inclination towards targeted cancer treatment, and increasing focus on personalized medicine are the key factors driving growth. In addition, the increasing incidence of genetic disorders, technological advancements in the field of molecular cytogenetics, and rising R&D activities are anticipated to drive market expansion over the forecast period. Furthermore, the cytogenetic analysis carried out through the integration of high throughput sequencers is another factor that is expected to significantly boost growth in the coming years. A number of scientists and researchers integrate NGS with cytogenetics laboratories as they a

Medical Tubing Market 2030 - The Impact of Chronic Diseases on the Industry

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Medical Tubing Market Growth & Trends The global  medical tubing market  size is anticipated to reach USD 19.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2024 to 2030. The prevalence of respiratory diseases such as asthma, lung cancer, and pulmonary fibrosis worldwide is anticipated to fuel the global demand for medical tubing, as it is essential component of respiratory devices such as ventilators and nebulizers. Growing awareness among the masses about hospital-acquired diseases and surging concerns about the spread of such infections are projected to drive demand for disposable medical devices. According to the World Health Organization (WHO), the incidences of ICU-acquired infections are 2 to 3 times higher in low- and middle-income countries than in high-income countries, while device-associated infections are approximately 13 times higher in these countries than in the U.S. Gather more ins

Cheese Powder: A Growing Market with Potential for Expansion

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Cheese Powder Market Growth & Trends The global  cheese powder market  size is anticipated to reach USD 7.11 billion by 2030, growing at a CAGR of 6.48% from 2022 to 2030, according to a new report by Grand View Research, Inc. The market is predicted to grow steadily in the coming years, owing to an increase in the demand for cheese powder in a variety of snacks such as pasta, popcorn, and chips among others, particularly in developed markets. Moreover, recent price declines, combined with a rising population, a thriving food and beverage sector, and growing disposable income, are expected to drive market growth in developing countries. Industrial canteens and large catering establishments have witnessed increased demand for ready-to-eat food items including soups, noodles, sauces, pasta, and pizza among other items which are expected to fuel product demand in coming years. Some of the other factors driving the cheese powder market growth are rising health concerns as a result of

Beta Glucan Market 2030 - A Growing Industry

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Beta Glucan Market Growth & Trends The global  beta glucan market  size is expected to reach USD 1,055.4 million by 2030, registering a CAGR of 8.0% during the forecast period, according to a new report by Grand View Research, Inc. The industry is anticipated to grow, primarily on account of its increased application in industries, including nutraceutical, functional food and pharmaceutical. The consumers in the industry lay high emphasis on the source of the product. In addition, the overall quality is generally determined by the consumers through the certifications associated with the product. The industry is characterized by the presence of a notable regulatory framework with regulations related to processing, packaging, and transportation of the product. Gather more insights about the market drivers, restrains and growth of the Beta Glucan Market Manufacturers are inclined toward use of innovative extraction methods such as AME, dry fractionation to increase the concentrat

Textile Recycling Market 2030 - The Environmental Impact of Textile Waste

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Textile Recycling Market Growth & Trends The global  textile recycling market  size is expected to reach USD 5,962.7 million by 2030, expanding at a CAGR of 3.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Factors such as the growing demand for recycled products coupled with rising environmental awareness regarding textile disposal are expected to boost the demand for textile recycling during the forecast period. According to the Centre for the Promotion of Imports from Developing Countries (CBI), the global textile industry was valued at USD 904.13 billion in the year 2021, which includes clothing as well as furniture, mattress material, linens, drapes, cleaning materials, and recreational equipment, among other products. Globally, nearly 80 billion pieces of clothing are made annually. The average person purchases 60% more articles of clothes annually and uses them for around half as long as they did fifteen years ago, generating enormous amounts o