The global mental wellness market size reached USD 401.31 Billion in 2021 and is expected to register a revenue CAGR of 3.5% during the forecast period. Rising awareness about mental disorders through education and advocacy for more respect for human rights and less stigma is the key factor driving market revenue growth.
The increasing incidences of post-pandemic trauma after COVID-19 is driving mental wellness market revenue growth. Those who have poor mental health face various…
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Added by Janna Shar on September 27, 2022 at 3:38am —
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The global Soil Monitoring Market will be worth USD 872.3 million by 2027, according to a current analysis by Emergen Research. The growth of this soil monitoring market can be attributed to the increasing scarcity of water and changing environmental scenario. Increasing government initiatives regarding water conservation have resulted in the growing need for soil monitoring devices. The growing implementation of information communication technologies and the Internet of things is expected to…
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Added by Janna Shar on September 26, 2022 at 5:13am —
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The global digital twin market size is expected to reach USD 106.26 Billion at a steady CAGR of 54.7% in 2028, according to latest analysis by Emergen Research. Steady digital twin market revenue growth can be attributed to growing adoption of IoT in industries and increasing use of digital twin technology for monitoring, tracking, and controlling industrial systems.
Digital twin technology provides real-time production and asset visibility to identify obstructions to streamline flow…
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Added by Janna Shar on September 26, 2022 at 5:01am —
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The global roboticare market size reached USD 482.6 Million in 2021 and is expected to register a revenue CAGR of 18.1% during the forecast period. Rising usage of automated rehabilitation systems and decreasing prices of sensors are expected to support market revenue growth between 2022 and 2030.
Adoption of rehabilitation and hospital robots is rapidly growing with increasing penetration into medical environment. Rehabilitation robots are autonomously operated machines developed to…
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Added by Janna Shar on September 26, 2022 at 4:08am —
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The global smart oven market size reached USD 135.6 Million in 2021 and is expected to register a revenue CAGR of 18.1% during the forecast period, according to latest analysis by Emergen Research. Increasing consumption of ready-to-eat and frozen food and rapid urbanization are key factors driving market revenue growth. A number of working individuals relocating for work or study purposes is resulting in increasing demand for smart appliances.
Younger individuals are adopting a…
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Added by Janna Shar on September 26, 2022 at 3:56am —
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The global light therapy market size was USD 1.10 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements in light therapy and launch of innovative products, such as handheld light therapy devices, are factors projected to support market revenue growth between 2021 and 2030. For example, Body Balance System, a Las Vegas-based company makes zero-gravity beds filled with small…
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Added by Janna Shar on September 26, 2022 at 3:20am —
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Global commercial space payload market size reached USD 32.70 billion in 2021 and is expected to register a revenue CAGR of 5.6% during the forecast period, according to latest analysis by Emergen Research. Increasing number of commercial satellite launches, rising number of space exploration missions, and rising demand for satellite data are expected to support market revenue growth during 2022-2030.
In addition, rapid advancements in Reusable Launch Vehicle (RLV) technology are…
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Added by Janna Shar on September 26, 2022 at 3:01am —
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The global Hardware Security Modules (HSMs) market size reached USD 1.22 Billion in 2021 and is expected to register a revenue CAGR of 11.8% during the forecast period, according to latest analysis by Emergen Research. Increasing focus on data security in cloud is a key factor driving market revenue growth.
Data security has been a major concern in information technology. It becomes especially crucial in cloud computing environment because data is stored in multiple locations, even…
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Added by Janna Shar on September 26, 2022 at 2:50am —
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The global power tools market size was USD 25.79 Billion in 2021 and is expected to register a revenue CAGR of 4.5% during the forecast period. Rising construction and manufacturing industries especially in emerging countries, and rising usage of cordless power tools are some of the key factors driving revenue growth of the market.
Growing utilization of various types of cordless power tools, such as hammer drills, sawing blades, impacting wrenches, staplers, and nailers, is…
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Added by Janna Shar on September 26, 2022 at 2:38am —
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The global dark fiber market size is expected to reach USD 13.0 Billion at a steady revenue CAGR of 11.0% in 2030. Rising demand for 5G network can be attributed to the steady market revenue growth of dark fiber. The increased demand for 5G can be attributed to its various benefits. Increased speed and bandwidth are the most popular 5G features. With data rates of up to 10 Gbps, 5G will be ten to one hundred times faster than current 4G LTE technology.
Cellular is now a viable option…
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Added by Janna Shar on September 26, 2022 at 2:25am —
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The global condom market size was USD 9.82 Billion in 2021 and is expected to register a revenue CAGR of 8.5% during the forecast period. Condom market revenue growth is primarily driven by factors such as increasing incidence of STDs, rising government initiatives to control population explosion, launch of new products to enhance sexual pleasure, growing awareness to prevent unwanted sex and family planning in developing countries, and increasing instance of casual sex globally.
A…
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Added by Janna Shar on September 26, 2022 at 2:14am —
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The global aluminum foil market size was USD 25.34 billion in 2021 and is expected to register a revenue CAGR of 5.5% during the forecast period, according to the latest analysis by Emergen Research. Market revenue growth is driven by factors such as availability, durability, environmental sustainability, adaptability, high degree of barrier protection, and lightweight aluminum finding greater application in foil and packaging industries, during the forecast period.
Increasing need…
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Added by Janna Shar on August 18, 2022 at 7:02am —
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The global syngas market size was USD 48.71 Billion in 2021 and is expected to register a revenue CAGR of 5.9% over the forecast period, according to the latest analysis by Emergen Research. Increasing investment in power generation in various countries and rapid adoption of Underground coal gasification (UCG) process are driving demand for syngas. In addition, increasing demand for alternative and renewable sources of fuel is expected to drive revenue growth of the market.
UCG…
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Added by Janna Shar on August 18, 2022 at 6:09am —
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The global industrial magnetron market size reached USD 439.8 Million in 2020 and is expected to register a revenue CAGR of 8.5% during the forecast period, according to latest analysis by Emergen Research. Increasing application in radar systems to produce high-power microwave signals and rising demand for microwave heating systems for commercial and industrial uses are factors expected to support market revenue growth between 2021 and 2030.
In addition, increasing defense spending…
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Added by Janna Shar on August 12, 2022 at 2:46am —
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The global smart space market size reached USD 13.19 Billion in 2020 and is expected to register a revenue CAGR of 17.9% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for green buildings due to environmental concerns and increasing urban population are factors projected to support market revenue growth between 2021 and 2030.
In addition, increasing demand for smart technology in public spaces will boost revenue growth of the market…
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Added by Janna Shar on August 11, 2022 at 7:21am —
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The global Computer-Generated Imagery (CGI) market size reached USD 3.18 Billion in 2020 and is expected to register a revenue CAGR of 19.9%, during the forecast period, according to latest analysis by Emergen Research. Increasing demand for more cost-effective animation tools and need to improve brand credibility are some key factors driving global computer-generated imagery market revenue growth. Increasing need for creating better options for film scene creation and presentation is also…
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Added by Janna Shar on August 11, 2022 at 6:49am —
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The global gamification market size was USD 11.69 Billion in 2021 and is expected to register a revenue CAGR of 27.4% during the forecast period, according to latest analysis by Emergen Research. Use of Artificial Intelligence (AI) for processing and showing personalized results and rapid digitization of businesses to generate new revenue avenues are factors driving gamification market revenue growth.
To gain deep insights into their staff, large enterprises are implementing Al-based…
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Added by Janna Shar on August 4, 2022 at 8:54am —
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The global telepresence market size is expected to reach USD 10.96 Billion in 2030 and register a steady revenue CAGR of 19.6% over the forecast period, according to latest analysis by Emergen Research. Steady telepresence market revenue growth can be attributed to growing need to reduce traveling costs and carbon footprint across small and large enterprises. Corporate travel is declining as a result of rising cost of fuel, which has reached USD 125 a barrel, and threat of global warming and…
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Added by Janna Shar on August 3, 2022 at 7:52am —
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The global optical coating market size was USD 13.02 Billion in 2021 and is expected to register a revenue CAGR of 7.9% during the forecast period. Rapid technological advancements in the field of optical coating techniques and fabrication, rising demand for efficient optical coating devices in end-use applications such as consumer electronics, and significant investments in research & development activities of new optical coating processes are key factors driving revenue growth of the…
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Added by Janna Shar on August 3, 2022 at 6:46am —
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The Global Li-Fi Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
The global Li-Fi market…
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Added by Janna Shar on July 25, 2022 at 6:24am —
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