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Showing posts from February, 2022

Laser Marking Machine Market Size Is Projected To Reach USD 5.03 Billion By 2028

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  San Francisco, 28 Feb 2022:   The Report  Laser Marking Machine Market  Size, Share & Trends Analysis Report By Type (CO2, Fiber, Green, UV, YAG), By Application (Automotive, Aerospace, Medical, Packaging), By Region, And Segment Forecasts, 2021 - 2028 The global laser marking machine market size is estimated to reach USD 5.03 billion by 2028, expanding at a CAGR of 8.0% over the forecast period, according to a study conducted by Grand View Research, Inc. Rising adoption of advanced marking technologies across industries such as machine tools and aerospace and the growing demand for precision marking on manufactured products to improve product’s traceability are some of the factors driving the market growth. Wide-scale applications in the marking of machine tools and equipment especially in the automotive and semiconductor and electronics industries are anticipated to fuel the market demand from 2020 to 2027. Governments are implementing regulati...

Product Lifecycle Management Market To Expand Industry Growth At USD 43.6 Billion By 2028

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  San Francisco, 28 Feb 2022:  The Report  Product Lifecycle Management Market  Size, Share & Trends Analysis Report By Software, By Deployment, By End Use, By Region, And Segment Forecasts, 2021 - 2028 The global product lifecycle management market size is expected to reach USD 43.64 billion by 2028, registering a CAGR of 7.2% from 2021 to 2028, according to a new study by Grand View Research, Inc. The growing need to support complex functionalities, the unabated establishment of smart factories and rollout of smart value chains, and the continued integration of the Internet of Things (IoT) with PLM solutions are some of the main drivers that are expected to drive the growth of the market over the forecast period. Advances in the latest technologies, such as cloud computing and IoT, and the continued rollout of high-speed data networks are expected to contribute to the growth of the market. The aggressive investments being made by t...

Podcasting Market Size Is Anticipated To Reach USD 94.88 Billion By 2028

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  San Francisco, 28 Feb 2022:  The Report  Podcasting Market  Size, Share & Trends Analysis Report By Genre (News & Politics, Society & Culture, Comedy, Sports), By Format (Interviews, Panels, Solo, Conversational), By Region, And Segment Forecasts, 2021 - 2028 The global podcasting market size is estimated to reach USD 94.88 billion by 2028, expanding at an estimated CAGR of 31.1% from 2021 to 2028, according to a new report by Grand View Research, Inc. Podcasting is an episodic series of digital media, often audio, that can be listened to or watched over the internet or downloaded on a device. The increasing popularity of audio-on-demand platforms is the primary factor driving the market growth. Other factors contributing to the market growth include minimal entry barriers for creators and easy accessibility for users, as they can listen to podcasts while performing tasks such as cleaning, walking, gardening, traveling, or exercising. The rece...

Alternative Data Market Projected To Reach USD 69.36 Billion By 2028

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  San Francisco, 28 Feb 2022:  The Report  Alternative Data Market  Size, Share & Trends Analysis Report By Data Type (Credit & Debit Card Transactions, Social & Sentiment Data, Mobile Application Usage), By Industry, By End User, By Region, And Segment Forecasts, 2021 - 2028 The global alternative data market size is expected to reach USD 69.36 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 58.5% from 2021 to 2028. The increasing emphasis on gaining alpha from hedge funds is expected to boost the demand for alternative data. The asset managers from hedge funds, mutual funds, private equity funds, pension funds, unit trusts, life insurance companies, and other BFSI entities are highly inclining to use alternative data to derive predictive insights. Moreover, the use of alternative data for risk management processes is expected to drive the market. Nowadays, data sources are not limit...

Factoring Services Market Is Likely To Up Demand At USD 5,973.9 Billion By 2028

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  San Francisco, 28 Feb 2022:   The Report  Social Commerce Market  Size, Share & Trends Analysis Report By Business Model (B2C, B2B, C2C), By Product Type (Personal & Beauty Care, Apparel, Accessories), By Region, And Segment Forecasts, 2021 - 2028 The global social commerce market size is expected to reach USD 3,369.8 billion by 2028, according to a study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 28.4% from 2021 to 2028. Social commerce is the incorporation of social media and e-commerce, which is used for selling and promoting products and services. The market is primarily driven by the growing number of social media users, along with rising built-in e-commerce projects. For instance, in March 2019, Instagram launched a checkout feature, which allows users to complete the purchase process without having to leave the app. The rising adoption of social media platforms or shopping and information exchange is exp...

Social Commerce Market Size Is Expected To Reach USD 3,369.8 Billion By 2028

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  San Francisco, 28 Feb 2022:   The Report  Social Commerce Market  Size, Share & Trends Analysis Report By Business Model (B2C, B2B, C2C), By Product Type (Personal & Beauty Care, Apparel, Accessories), By Region, And Segment Forecasts, 2021 - 2028 The global social commerce market size is expected to reach USD 3,369.8 billion by 2028, according to a study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 28.4% from 2021 to 2028. Social commerce is the incorporation of social media and e-commerce, which is used for selling and promoting products and services. The market is primarily driven by the growing number of social media users, along with rising built-in e-commerce projects. For instance, in March 2019, Instagram launched a checkout feature, which allows users to complete the purchase process without having to leave the app. The rising adoption of social media platforms or shopping and information exchange is exp...

Refractive Surgery Devices Market To Witness A Significant Growth Of USD 290.8 Million By 2028

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  San Francisco, 28 Feb 2022:  The Report  Refractive Surgery Devices Market  Size, Share & Trends Analysis Report By Application (Myopia, Astigmatism), By Product (Lasers, Aberrometers), By End Use (Hospitals, Ambulatory Surgery Centers), And Segment Forecasts, 2021 - 2028 The global refractive surgery devices market size is expected to reach USD 290.8 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.7% from 2021 to 2028. As a result of the COVID-19 pandemic, consumers have started spending more time on digital devices. The trend of working from home has contributed to an increase in eyestrain, dry eye, and myopia. Furthermore, the growth of the geriatric population has increased the demand for refractive surgery devices. According to the National Institute on Aging (NIA), the geriatric population would be about 72 million individuals by 2030. Refractive surgery allows a person to b...

Automotive Infotainment Market Estimated At USD 12.57 Billion By 2028

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  San Francisco, 25 Feb 2022:  The Report  Automotive Infotainment Market  Size, Share & Trends Analysis Report By Product Type (Heads-up Display, Navigation Unit, Display Unit), By Fit Type, By Vehicle Type, By Region, And Segment Forecasts, 2021 - 2028 The global automotive infotainment market size is expected to reach USD 12.57 billion by 2028, registering a CAGR of 8.7% from 2021 to 2028, according to a new report by Grand View Research, Inc. The increasing demand for autonomous vehicle technology, automotive cockpit electronics, and advanced safety features such as advanced driver assistance systems is anticipated to drive the growth. The growing demand for enhanced in-vehicle experience and shifting consumer buying behavior and the worldwide expansion of the luxury and premium car segments are also likely to fuel the growth of the market. The growing number of millennials opting for small and medium-sized cars is expected to boost the gr...

Webcam Market Size Is Projected To Reach USD 18.1 Billion By 2028

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  San Francisco, 25 Feb 2022:  The Report  Webcam Market  Size, Share & Trends Analysis Report By Product (USB, Wireless), By Technology (Analog, Digital), By Distribution Channel, By End Use, By Region, And Segment Forecasts, 2021 - 2028 The global webcam market size is expected to reach USD 18.1 billion by 2028, registering a CAGR of 12.9% from 2021 to 2028, according to a new report by Grand View Research, Inc. Factors such as the rising concern regarding security and surveillance, increasing emphasis on virtual meetings across the commercial sector, and continuous product innovations are expected to support the growth of the market. The market has also benefitted from the continual advancements in technology, allowing for better recording, zoom quality, and better streaming. An increasing number of webcams in the market incorporate advanced features such as 1080p resolution, 60 fps video streaming, auto light correction, and autofocus, targeting eme...

Anime Market To Expand Industry Growth At USD 48.03 Billion By 2028

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  San Francisco, 25 Feb 2022:  The Report  Anime Market  Size, Share & Trends Analysis Report By Type (T.V., Movie, Video, Internet Distribution, Merchandising, Music), By Region, And Segment Forecasts, 2021 - 2028 The global anime market size is expected to reach USD 48.03 billion by 2028, registering a CAGR of 9.5% from 2021 to 2028, according to a new study by Grand View Research, Inc. The growth of the market can be attributed to the rising popularity of anime content worldwide. The launch of application games and the growing preference for online distribution of anime content, which are accounting for a major share of overseas sales, are expected to contribute to the growth. Meanwhile, anime companies are aggressively opting for various digital channels to release their content as theaters remain closed in the wake of the outbreak of the COVID-19 pandemic in most of the regions across the world. Advances in technology are allowing anime content dev...

Multi-access Edge Computing Market Size Is Anticipated To Reach USD 23.36 Billion By 2028

  San Francisco, 25 Feb 2022:  The Report  Multi-access Edge Computing Market  Size, Share & Trends Analysis Report By Solution (Hardware, Software, Services), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global multi-access edge computing market size is anticipated to reach USD 23.36 billion by 2028, exhibiting a CAGR of 42.6% over the forecast period, according to a new report by Grand View Research, Inc. Rise in the adoption of Over The Top (OTT) media streaming services and emerging demand among individuals to gain access to personalized content is expected to drive the market growth. Increasing number of users adopting the OTT video delivery model is expected to promote telecom companies and mobile networks to upgrade their existing infrastructure. Using the multi-access edge computing (MEC) architecture system brings backend functionality closer to the user network, which is expected to aid Multichannel Video Programming Dist...

Livestock Monitoring Market Projected To Reach USD 13.50 Billion By 2028

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  San Francisco, 24 Feb 2022:  The Report  Livestock Monitoring Market  Size, Share & Trends Analysis Report By Animal Type (Cattle, Poultry), By Component (Hardware, Software), By Application, By Region, And Segment Forecasts, 2021 - 2028 The global livestock monitoring market size is expected to reach USD 13.50 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.56% from 2021 to 2028. An increase in the population of livestock animals, coupled with the farmer’s focus on increasing yield and productivity, is the key contributor to the market growth. The key advantages of livestock monitoring such as milk harvesting, feeding management, animal health monitoring, and behavior monitoring are anticipated to drive the market. Furthermore, there is an increase in the adoption of internet of things (IoT) and artificial intelligence (AI) by livestock farmers. This is due to an inc...

Industrial Automation And Control Systems Market Estimated At USD 288.93 Billion By 2028

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  San Francisco, 24 Feb 2022:  The Report  Industrial Automation And Control Systems Market  Size, Share & Trends Analysis Report By Component (Industrial Robots, Control Valves), By Control System (DCS, PLC, SCADA), By Vertical, By Region, And Segment Forecasts, 2021 - 2028 The global industrial automation and control systems market size is expected to reach USD 288.93 billion by 2028, registering a CAGR of 8.9% from 2021 to 2028, according to a new report by Grand View Research, Inc. The proliferation of digitized industrial solutions is paving the way for the growth of the industry globally. Manufacturing and healthcare facilities are heavily investing in the deployment of automation technologies to streamline and simplify their everyday operations. The discovery of new crude oil reserves and growing need for enhanced security and safety standards in oil refineries are driving the demand for Distributed Control System (DCS) in the oil and g...

Quality Management Software Market Size Is Expected To Reach USD 16.67 Billion By 2028

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  San Francisco, 24 Feb 2022:  The Report  Quality Management Software Market  Size, Share & Trends Analysis Report By Solution (Complaint Handling, Document Control), By Deployment, By Enterprise Size, By End Use, By Region, And Segment Forecasts, 2021 - 2028 The global quality management software market size is estimated to reach USD 16.67 billion by 2028, registering a CAGR of 9.7% from 2021 to 2028, according to a new study by Grand View Research, Inc. The increasing advancements in functionalities of quality management software (QMS) solutions along with the increasing integration of artificial intelligence and machine learning tools are expected to boost the market growth over the forecast period. The QMS market is also anticipated to witness significant growth owing to the rising demand for effective management of organizational processes and the need for meeting consumer expectations in a highly competitive market. In addition, the rapidly incre...