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Showing posts from February, 2023

Cylinder Deactivation System Market Share, Size & Forecast till 2029

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  Cylinder Deactivation System Market is estimated to rise at a CAGR of approximately 2.1% during the forecast period, 2022-2029. The factors driving growth of the Cylinder Deactivation System Market includes increase in the sales of commercial vehicles around the world, rising focus on reducing greenhouse gas emissions, expansion of the e-commerce industry, growing fuel consumption and improvements in the living standards. Moreover, technological advancements in cylinder deactivation system, rising demand for highly automated transports, growing awareness about the benefits of cylinder deactivation systems, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading companies on research and development, rising population growth rates and growing disposable incomes, are further contributing towards the market growth. However, growth of the Cylinder Deac...

Personal Cloud Market | Size, Share, Growth | 2022-2029

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 Personal Cloud Market was valued at USD 17.6 billion in 2021 and is estimated to reach USD 76.7 billion in 2029, and the market is projected to grow at a very higher CAGR of 20.2% during 2022-2029. For Additional Insights, Click to Access Complete Report – https://www.gmiresearch.com/report/personal-cloud-market/ The factors driving growth of the Personal Cloud Market includes increasing penetration of smartphones around the world, emerging trend of Bring Your Own Device (BYOD), growing demand for real-time data access and data sharing, rise in the number of broadband connections and improvements in the living standards. Moreover, technological innovations in personal cloud solutions, growing adoption of Software as a Service (SaaS), Big Data Analytics and Internet of Things (IoT), emerging need to store and share personal data and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major players on ...

Off Highway Vehicle Lighting Market Size, Share & Forecast 2029

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  The Off-Highway Vehicle Lighting Market was estimated around USD 927 million in 2020 and is predicted to grow at a CAGR of 7.3% over the forecast period (2021-2028). The factors driving growth of the Off-Highway Vehicle Lighting Market includes growing demand for construction equipment, Government regulations regarding vehicle lights and workspace safety, rise in Government’s spending on mining activities and improvements in the living standards. Moreover, growing adoption of advanced technologies by manufacturers, rising focus on reducing greenhouse gas emissions, increased availability of advanced machineries and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major corporations on research and development, strategic mergers and collaborations on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth. However, g...

Natural Language Processing Market Size, Share & Growth 2029

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  Natural Language Processing Market was valued at USD 13.8 billion in 2021 and is estimated to grow at a significant CAGR of 20.2% during 2022-2029 and is projected to reach USD 60.1 billion in 2029. For Additional Insights, Click to Access Complete Report – https://www.gmiresearch.com/report/natural-language-processing-market-analysis-industry-research/ The factors driving growth of the Natural Language Processing Market includes rising focus by enterprises on streamlining businesses processes, increasing use of natural language processing in digital assistants and chatbots, textual analysis and voice sense (speech analysis) and huge volumes of data generated across industry verticals such as Healthcare, Transportation and Logistics and BSFI. Natural language processing solution helps in understanding client’s feedback, facilitates communication between different devices, diagnoses diseases in healthcare sector and deliver quality care and positive patient outcomes, are some of ...

Nanosatellite and Microsatellite Market Size, Share, Growth & Forecast 2029

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 Nanosatellite and Microsatellite Market was valued at USD 1.9 billion in 2021 and is estimated to hit USD 8.1 billion in 2029 growing at a very high CAGR of 19.8% from 2022-2029. The factors driving growth of the Nanosatellite and Microsatellite Market includes increase in Government’s funding on space exploration programs, growing demand for low-cost broadband services, rising application of nanosatellite and microsatellites in civil engineering, defense & intelligence and transport sectors and improvements in the living standards. Moreover, technological advancements in nanosatellite and microsatellite ecosystem, enhanced capacity of executing complex computing jobs and lightweight features of nanosatellites, rise in the launch of new products and rapid industrialization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major corporations on research and development, rising population growth rates and growing di...

Lactose Free Product Market Size & Share | Growth, Forecast

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  Lactose-Free Products Market was valued at USD 13.3 billion in 2021 and is Forecasted to reach USD 24.9 billion in 2029, increasing at a CAGR of 8.1% during the forecast period 2022-2029. The factors driving growth of the Lactose-Free Products Market includes growing demand for lactose-free dairy products around the world, rising awareness about the health benefits offered by lactose products, increasing popularity of hazelnut milk amongst millennials, prevalence of lactose intolerance and improvements in the living standards. Moreover, increasing availability of lactose free products at online stores, growing adoption of advanced technologies by manufacturers, rise in the launch of innovative flavors, greater protein components in lactose free products and rapid urbanization, are some of the additional factors supplementing the Lactose-Free Products Market Size . In addition, the increasing investments by major corporations on research and development, rising disposable incomes ...

Floating Power Plant Market Trends, Growth and Forecast 2028

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  The Floating Power Plant Market was valued around USD 1,188 million in 2020 and is expected to grow at a CAGR of 10.7% over the forecast period (2021-2028). The factors driving growth of the Floating Power Plant Market includes strict regulations regarding related to environmental pollution, rising focus on utilizing clean sources of energy and improvements in the living standards. Moreover, low operating costs and enhanced power density of IC engine-based floating power plants, growing adoption of advanced technologies, increasing number of renewable energy-based floating power plants and rapid urbanization, are some of the additional factors supplementing the Floating Power Plant Market share . In addition, the increasing investments by major corporations on research and development, strategic mergers, and collaborations between key industry players, rising population growth rates and growing disposable incomes, are further contributing towards the market growth. However, growt...

ev charger market Size, Share, & Forecast 2028

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  The EV Charger Market is expected to reach USD 32 billion by 2028, expanding at a CAGR of 27.2% over the forecast period (2021-2028). The factors driving growth of the EV Charger Market includes growing concerns related to greenhouse gas emissions and climate change, rising demand for energy efficient and low-carbon transportation systems around the world, Government policies promoting the adoption of electric vehicles and improvements in the living standards. Moreover, technological advancements in charging infrastructure, growing prevalence of respiratory and other diseases, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the EV Charger Market size . In addition, the increasing investments by major companies on research and development and growing population growth rates, are further contributing towards the market growth. However, growth of the EV Charger Market is hindered attributed to high prices of elec...

Directional Drilling Services Market | Size, Share, Forecast 2029

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The directional drilling services market is projected to grow at a CAGR of 4.1% during the forecast period, 2022-2029.  The factors driving growth of the Directional Drilling Services Market includes increasing demand for unconventional fuels such as shale gas and tight gas, discoveries of reserves and oilfields around the world, growing consumption of energy and improvements in the living standards. Moreover, growing adoption of advanced technologies by manufacturers, increasing number of construction projects related to commercial spaces, housing societies, and business parks and rise in the launch of new services, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major corporations on research and development, strategic mergers, and acquisitions between key industry players, rising disposable incomes and growing population growth rates, are further contributing towards the Directional Drilling Services Market size . ...

Data Centric Security Market Size, Share and Global Market Forecast 2029

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  Data-centric Security market size touched USD 3.1 billion in 2021 and is projected to reach USD 14.8 billion in 2029 and the market is estimated to grow at a high CAGR of 21.6% during 2022-2029 The factors driving growth of the Data Centric Security Market includes growing incidences of cyberattacks, Government regulations regarding data security, huge volumes of data generated around the world, increasing penetration of smartphones and personal computers and improvements in the living standards. Moreover, growing adoption of advanced technologies such as Machine Learning (ML), Big Data Analytics and Artificial Intelligence (AI), emerging trend of Bring Your Own Device (BYOD), advent of software defined storage solutions, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Data-Centric Security Market share . In addition, the increasing investments by major corporations on research and development, strategic ...

Cloud Database and DBaaS Market Size, Share and Global Forecast 2029

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  Cloud Database and DBaaS Market was valued at USD 14.2 billion in 2021 and is projected to touch USD 43.7 billion in 2029 growing at a very high CAGR of 15.1% from 2022-2029 The factors driving growth of Cloud Database and DBaaS Market includes emerging demand for self-driving cloud databases, rising focus by companies on reducing operational costs, increase in the volumes of data generated around the world and improvements in the living standards. Moreover, growing adoption of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML) and Internet of Things (IoT) by companies, increasing applications of cloud database solutions across industry verticals such as BFSI, healthcare and retail and rapid urbanization, are some of the additional factors supplementing the Cloud Database and DBaaS Market size . In addition, the increasing investments by major corporations on research and development, strategic mergers and acquisition between key players and growing...

AI Infrastructure Market Size, share, Growth 2022-2029

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 AI Infrastructure Market was valued at USD 25.3 billion in 2021 and is projected to grow at a significant CAGR of 25.6% during the period 2022-2029 reaching USD 156.7 billion in 2029 The factors driving growth of AI Infrastructure Market includes growing demand for AI hardware in strong computing data centers, AI Infrastructure solutions help companies in enhancing operational efficiency and performance and conserving natural resources and improvements in the living standards. Moreover, growing adoption of cloud machine learning systems across automotive, finance, tourism, and healthcare industries, ring focus on using parallel computing solutions and rapid urbanization, are some of the additional factors supplementing the AI Infrastructure Market share . In addition, the increasing investments by major companies on research and development, strategic partnerships, and collaborations between companies, rising disposable incomes and growing population growth rates, are further con...

5g System Integration Market Size, Share | Growth Report 2029

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  5G System Integration Market is estimated to rise at a very higher CAGR of 26.2% during the forecast period, till 2029. The factors driving growth of 5G System Integration Market includes growing demand for high-speed bandwidth capacity, rising focus by companies on integrating their legacy network infrastructure with the upcoming 5G technologies, increase in Government’s expenditure on the development of smart cities and improvements in the living standards. Moreover, growing adoption of advanced technologies such as big data analytics, industrial wireless camera, and collaborative robots by companies in the manufacturing facilities, increasing popularity of Network Function Visualization (NFV) and Software-Defined Networking (SDN) amongst enterprise and rapid urbanization, are some of the additional factors supplementing the 5G System Integration Market Growth . In addition, the increasing investments by major corporations on research and development, rising disposable incomes ...

Bare Metal Cloud Market Size, Share and Global Market Forecast 2029

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  Bare Metal Cloud Market was valued at USD 5,800 million in 2021 and is projected to reach USD 35,240 million in 2029 growing at a very high CAGR of 25.3% during 2022-2029 The factors driving growth of Bare Metal Cloud Market includes rapid growth IT & Services industry, rise in the number of data centers around the world, increase in the volumes of monetary transactions, emerging need for reliable data balancing of data-intensive operations and improvements in the living standards. Moreover, growing adoption of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and Big Data Analytics by major companies, rising awareness about the benefits offered by bare metal cloud services and rapid urbanization, are some of the additional factors supplementing the Bare Metal Cloud Market size . In addition, the increasing investments by major companies on research and development, rise in the launch of innovative products and growing population growth ra...