The World Meteorological Organization (WMO) states that the temperature of the year 2020 was 1.2 °C above the pre-industrial average. The WMO forecasts that there is a 20% chance that average global temperature will temporarily rise by 1.5 °C by 2024. This can be attributed to the emission of greenhouse gases (GHGs), such as carbon dioxide (CO2), methane (CH4), and nitrous oxides (NOx) owing to the combustion of fossil fuels, such as coal, natural gas, and petroleum. The soaring global…
Continue
Added by Anany joshi on November 11, 2022 at 4:06am —
No Comments
The automation of the retail sector has led to effective warehouse and inventory management, increased physical store management efficiency, and enhanced omnichannel presence for retailers. The accelerating automation rate has also led to the adoption of
electronic shelf labels (ESLs) at retail stores as they are useful in scheduling service and delivery and displaying and managing…
Continue
Added by Anany joshi on November 10, 2022 at 3:24am —
No Comments
Automating the time-consuming, repetitive operations of developing a machine learning model is a method known as
automated machine learning, often known as automated ML or AutoML. It enables model quality to be maintained as ML models are built at a high scale, efficiency, and productivity by analysts, data scientists, and developers.
The production and comparison of…
Continue
Added by Anany joshi on November 9, 2022 at 1:34am —
No Comments
The smart home appliances market size was $34.8 billion in the year 2021, and it will experience a growth rate of about 17% in the coming years to reach $139.0 billion in 2030. The industry is largely driven by the increasing penetration of the internet and smartphones, the progression in technologies, and the constantly refining lifestyle of the people.
People are investing in home improvement and remodeling projects to upgrade their obsolete household structures, consequently in…
Continue
Added by Anany joshi on November 8, 2022 at 2:07am —
No Comments
The vitamin supplements industry has garnered $47,328.60 million revenue, and it is projected to rise at a 5.9% rate from 2021 to 2030, to capture $79,615.50 million revenue in 2030. It is led by an increasing elderly population, growing demand for sports nutritional products, surging consumer awareness on nutritional health and wellness, along with increasing incidences of chronic diseases.
Multivitamins capture the largest revenue share, accounting for over 42%. It is projected to…
Continue
Added by Anany joshi on November 7, 2022 at 2:11am —
No Comments
Contact center software is a technology solution developed for managing all the conversations between agents and customers. It supports businesses in offering omnichannel customer service and customer relationship management. It also offers a unified view of all types of customer communications across various communication platforms such as social media, email, phone calls, SMS, and other messaging apps. Due to the increasing focus of companies on enhancing their engagement with customers, the…
Continue
Added by Anany joshi on November 4, 2022 at 4:55am —
No Comments
The packaging automation market generated $61,848.5 million in revenue, and it is projected to advance at a rate of 8.2% from 2021 to 2030. The increasing manufacturing activities, rapid industrialization, and surging adoption of automation in the manufacturing sector boost industry growth. Besides this, the lower requirement for labor also proliferates the industry.…
Continue
Added by Anany joshi on November 2, 2022 at 1:50am —
No Comments
The global maritime surveillance industry generates $22,254.6 million revenue, and it is projected to rise at a rate of 6.8% in the coming future and contribute to $40,386.4 million in 2030. It is due to factors such as growing maritime threats, including piracy and strict regulations for international sea trade.
Japan and China are the major five ship-owning…
Continue
Added by Anany joshi on November 1, 2022 at 12:52am —
No Comments
The glutamic acid industry contributes $10,496.0 million in 2021, and it is projected to generate $19,443.5 million in 2030, advancing at a rate of 7.1% from 2021 to 2030. Glutamic acid is an amino acid utilized for the production of proteins.
The glutamic acid is widely used in the food and beverage industry as an enhancer or additive. Besides this, it is also…
Continue
Added by Anany joshi on October 31, 2022 at 12:45am —
No Comments
The global high power light-emitting diode (LED) market reached a value of $12,647.2 million in 2018. As per the estimates of P&S Intelligence, a market research company based in India, the market will generate a revenue of $17,581.5 million by 2024. Furthermore, the market is predicted to progress at a CAGR of 5.3% between 2019 and 2024. The factor fueling the expansion of the market is the increasing implementation of government initiatives aimed at promoting energy conservation and…
Continue
Added by Anany joshi on October 28, 2022 at 2:39am —
No Comments
A number of factors, such as the rising shift of enterprises from homogeneous model to hybrid network model, increasing adoption of advanced technologies, such as cloud computing and internet of things, accelerating adoption rate of industrial automation solutions, and surging awareness among businesses regarding cyberattacks, are projected to fuel the security policy management market at a CAGR of 9.1% during the forecast period (2019–2024). The market was valued at $1,622.3 million in 2018…
Continue
Added by Anany joshi on October 27, 2022 at 1:07am —
No Comments
The revenue of the seaweed protein market was about $514 million in 2021, and it will reach about $1,398 million by 2030, advancing at a rate of about 12% in the future. Extraction of proteins from edible seaweeds for collection of health uses is a current trend. The usage of alternative protein sources is encouraged; unlike cattle farming, they do not contribute to land use and GHG emissions. Moreover, because of the danger of communicable ailments in animals, the use of meat proteins might…
Continue
Added by Anany joshi on October 26, 2022 at 1:40am —
No Comments
The increasing digitization of banking and financial operations all over the world is pushing up the demand for banking, financial services, and insurance (BFSI) security solutions. This is because the rising adoption of personalized and digital banking is augmenting the threat of data breaches and cyber-attacks. Moreover, with banking operations moving to cloud networks and adopting digital technologies, the threat of data theft, including breach of sensitive and confidential information, is…
Continue
Added by Anany joshi on October 19, 2022 at 12:40am —
No Comments
The data center colocation market generated a revenue of
$42.1 billion in 2019 and is expected to advance at a 14.8% CAGR during the forecast period (2020–2030). Data coalition settings rent out physical spaces to enterprises for storing their IT servers that utilize the network connection and electricity supply of the data center. The market is growing due to the disaster…
Continue
Added by Anany joshi on October 18, 2022 at 2:02am —
No Comments
The U.S. beauty and personal care products market is projected to generate $128.7 billion revenue in 2030, attributed to the rise in the geriatric population and increase prevalence of skin diseases with the shift of consumer preference toward organic and chemical-free products. Moreover, an increase in expenditure on personal care products also propels the market of the country.
During the COVID-19 lockdown, the online channels contributed to massive sales of beauty products, as the…
Continue
Added by Anany joshi on October 17, 2022 at 4:01am —
No Comments
The voice over Wi-Fi (VoWiFi) market growth will be fueled by a number of factors, such as an exponential rise in the Wi-Fi hotspot availability and substantial enhancements in the overall quality of service (QoS). During the forecast period (2020–2030), the market is projected to witness a 24.5% CAGR. The market generated $2,035.3 million in 2019, and it is expected to reach
$22,801.2… Continue
Added by Anany joshi on October 14, 2022 at 1:08am —
No Comments
The global electric vehicle charging cables market generated a revenue of approximately $250 million in 2020, and it will exhibit huge expansion from 2021 to 2030, as per the estimates of P&S Intelligence, a market research firm based in India. The factors fueling the market surge are the growing deployment of electric vehicles (EVs), increasing concerns being raised over the escalating air pollution levels, and the burgeoning demand for public…
Continue
Added by Anany joshi on October 12, 2022 at 5:10am —
No Comments
A number of factors, such as the surging deployment of unified communication systems, increasing investments in corporate telephony, and rising need to improve productivity and reduce operational cost and time, are expected to drive the growth of the corporate telephony market during the foreseeable period (2021–2030). Moreover, the market is witnessing the increasing incorporation of the internet of things (IoT) with communication systems. IoT improves mobility and enables access to data…
Continue
Added by Anany joshi on October 11, 2022 at 1:01am —
No Comments
The most popular product for grooming is the razor. Furthermore, it is predicted that in the following years, younger people will be primarily responsible for the increase in interest in male grooming and shaving to enhance physical attraction.
The U.S. razor market is predicted to touch $3,001.9 million by 2030. This is explained by the fact that the nation is home to renowned manufacturers. The Procter & Gamble Company's Gillette is a well-known brand that has controlled the…
Continue
Added by Anany joshi on October 10, 2022 at 2:17am —
No Comments
The Australian ventilation products market revenue is expected to increase from
$569.4 million in 2021 to $1,003.9 million in 2030. Moreover, it will propel at a 6.5% CAGR during the forecast period owing to the increasing commercial and residential projects, rising consciousness of the health and ecological effects of contaminated air, and cumulative preference for decentralized…
Continue
Added by Anany joshi on October 7, 2022 at 1:16am —
No Comments
