The Network Security Firewall Market is expected to grow at a CAGR of 13.1% from 2019 to reach $15.8 billion by 2025, wherein, Asia Pacific network security firewall market is expected to grow at the fastest CAGR. Increasing adoption of cloud computing, big data, and IoT among others have changed the current scenario of business […]Read More..
The robotic vacuum cleaner market is expected to grow at a CAGR of 23.2% from 2021 to 2028 to reach $15.4 billion by 2028 from $3.58 billion in 2021. Factors such as the growing adoption of smart & connected products in homes, the increasing importance of clean and hygienic homes, shifting consumer preference towards purchasing intelligent […]Read More..
Electric vehicles (EVs) is one of the fastest growing sub-segments of the automotive industry. Improved technology, customer inclination towards minimizing carbon footprints, and government policy incentives have been some of the key drivers contributing to the growth of the electric vehicle market over the past few years. Currently, the electric vehicle industry is undergoing a […]Read More..
The Global Microencapsulation Market is Expected to Grow at a CAGR of 11.7% From 2020 to 2027 to Reach $17.31 Billion by 2027. Microencapsulation technology allows a compound to be encapsulated inside a tiny sphere known as microsphere/microcapsule, having an average diameter as small as 1 mm to several hundred micro meters. Many different active […]Read More..
Growth of Parking Management System market is mainly attributed to the growing demand for AI-based services, increasing need for parking spaces, and growing focus on seamless traffic flow. However, the complexity in system integration, shift from car ownership model to car-sharing model, high initial installation & implementation cost of parking systems, and climate durability & […]Read More..
The Medical Laser Market is expected to grow at a CAGR of 14.2% from 2021 to 2028 to reach a value of $3 Billion by 2028. Major factors driving the growth of Medical Laser market include the increasing number of cosmetic procedures, rising preference for minimally invasive procedures, and increasing prevalence of eye disorders. There […]Read More..
The Laser Technology Market is expected to reach a value of $30.3 billion by 2028, at a CAGR of 11.4% during the forecast period 2021–2028. The laser technology market is driven by factors such as the rise in adoption of laser technology in the electronics sector and medical applications, shift towards micro and nanodevices, and […]Read More..
The electric vehicle market is expected to grow at a CAGR of 33.6% from 2020 to reach $2,495.4 billion by 2027. The growth of the electric vehicles market is mainly attributed to factors such as supportive government policies and regulations promoting the adoption of EVs, increasing investments by leading automotive OEMs, rising environmental concerns regarding […]Read More..
Automotive Lubricants Market is expected to grow at a CAGR of 7.3% from 2019 to reach $53.43 billion by 2025. Automotive lubricants are used to reduce friction between the surfaces and contact such as road and vehicle, which protects the automotive parts and hence, increase the vehicle performance. The growth in this market is majorly […]Read More..
The growth of English Language Learning market is mainly attributed to the integration of artificial intelligence in e-learning, the rising importance of the English language for business and professional reasons, an increase in the investments for English language learning start-ups and small companies, and the minimal cost of English language learning applications. However, data security […]Read More..