Industry Data Research | Market Insights And Forecast

The connected machines market is projected to grow with a high CAGR during the forecast period, i.e., 2020-2029 on account of the increasing adoption of smart payment technologies, increasing need to build digital infrastructure for large-scale deployments and increasing need of real time analytics. The major players are also taking initiatives in terms of strategic partnerships, acquisitions and collaborations to improve the flexibility and efficiency of their business operations and give them a competitive edge over their challengers, recently ABB and HPE announced their partnership at the global level for offering industry-based clients with powerful solutions generating actionable insights from the continually rising, expansive amounts of data produced by businesses. Currently, ABB claims to accommodate an installed base of 70 million connected devices. On the basis of industry, the automotive industry in the global connected machines market is projected to grow with a signific

The global contact center-as-a-service (CCaaS) market is projected to grow with a high CAGR during the forecast period, i.e., 2021-2029 on account of the technological developments for enhancing customer experience. As per the 2019 AI Index Report released by the Stanford Institute of Human-Centered Artificial Intelligence, the total private investment in artificial intelligence in 2019 was more than US$70 billion worldwide. The market is segmented by enterprise size into small & medium enterprises and large enterprises. Among these segments, the large enterprises’ segment is anticipated to hold the largest share by the end of 2021 in the global contact center-as-a-service (CCaaS) market as a result of the acquisition of advanced technologies at a quicker pace. On the basis of end-user, the market is segmented into BFSI, telecom & IT, healthcare, government, retail & consumer goods, and others. On the basis of region, the market is segmented into North America, Europe, Asi

The global industry 5.0 market to gather a hefty amount of revenue by observing a remarkable CAGR over the forecast period, i.e., 2022-2030, owing to the emergence of advanced technologies namely, industrial internet of things and artificial intelligence, for data collection and analysis. Apart from this, environmental benefits offered by the implementation of industry 5.0, and spiraling use of industrial robots in various verticals are another significant factors expected to raise the slope of market growth in the forthcoming years. The International Federation of Robotics reported, in 2018, 422,271 industrial robots were installed worldwide, witnessing a growth by 6 percent since the last year. Besides, automotive industry was the largest consumer of the product with a total share accounting for 30% of all robot installations. The market is segmented by technology and vertical. Based on technology, the industrial robotics segment is anticipated to occupy notable share backed by th

Research Nester has released a report titled “ Western Europe Otology Drill Product Market : Demand Analysis & Opportunity Outlook 2029 ” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. The Global Health Data Exchange (GHDx) of the Institute for Health Metrics and Evaluation (IHME), in one of its statistics, stated that the prevalence of age-related and other hearing loss in Western Europe touched 79973683.67 numbers in the year 2019, up from 72125778.69 numbers in the year 2010. The statistics portray the growing prevalence of hearing-related disorders, which is driving the need for ear surgeries in Western Europe. Otologic diseases, such as Bell’s Palsy, mastoiditis, otitis media, cholesteatoma, and others, require advance treatmen

Research Nester has released a report titled “Precision Motor Market: Global Demand Analysis & Opportunity Outlook 2030” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. The International Energy Agency (IEA), in one of its statistics, stated that the stock of battery electric vehicles (BEVs) globally grew from 0.72 Million in the year 2015 to 4.79 Million in the year 2019. The statistics portray the growing adoption of electric vehicles worldwide which is driving the demand for different components, including precision motors. These motors are used in components such as wheels, water pumps, radiator fans, and others, backed by their high efficiency and low power consumption properties as compared to conventional motors. On the other ha

Research Nester has released a report titled “High-Throughput Screening (HTS) Market: Global Demand Analysis & Opportunity Outlook 2030” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. The National Institute of Health (NIH), stated in one of its statistics that in the United States, research funding in the field of biotechnology grew from USD 5698 Million in the year 2013 to USD 7767 Million in the year 2020. The statistics portray the growing research spending in the field of biotechnology and medical sciences, backed by the increasing focus of the government of nations to develop advanced drugs and therapies. High-throughput screening is used widely in the field of biotechnology to test large numbers of chemical or biological compou

Research Nester published a report titled “ Fiberglass Roving Market : Global Demand Analysis & Opportunity Outlook 2030 ” which delivers detailed overview of the global fiberglass roving market in terms of market segmentation by product type, glass type, end-use industry, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. The global fiberglass roving market is anticipated to grow with a CAGR of 5.50% during the forecast period, i.e., 2021-2030. The market is segmented by product type into single-end roving, multi-end roving, and chopped roving, out of which, the single-end roving segment is projected to garner the largest revenue of USD 5081.50 Million by the end of 2030. Moreover, in the year 2020, the segment registered a revenue of USD 2776.68 Million. Download Samp

Research Nester has released a report titled “ Drive Assy Market : Global Demand Analysis & Opportunity Outlook 2030 ” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. Between the years 2018 and 2019, the sales of electric cars around the globe grew by 6% to touch 2.1 Million units, according to statistics by the International Energy Agency (IEA). Globally, with the surge in the sales of different types of electric vehicles, such as battery electric vehicles (BEVs), alternate energy vehicles, and new energy vehicles, the demand for high-performance electric drive systems is projected to grow significantly. These drive assemblies are known to provide greater efficiency and high transmission speeds, and are of major interests to vehicle c