Isha Deshpande's Blog – June 2024 Archive (8)

According to the most recent analysis by Emergen Research, the market for network engineering services was valued at USD 39.90 billion in 2021 and is projected to grow at a revenue CAGR of 9.9% over the forecast period. Growing investments in the creation of IoT devices are a key element anticipated to fuel market revenue growth. Emerging industries that heavily rely on networking services for their own goods, services, and solutions include the gaming industry, OTT, smart wearables, and…

The global pediatric oncology market size was USD 37.22 Billion in 2021 and is expected to register a revenue CAGR of 9.5% during the forecast period. Pediatric oncology market revenue growth is primarily driven by factors such as increasing occurrence of cancer among children, rising prevalence of childhood obesity across the globe, surge in awareness of available treatment for cancer, and rising investments in R&D by pharma companies. Cancer diagnosed in children and young adults…

The market for security robots was valued at USD 26.98 billion in 2021 and is anticipated to grow at a rate of 17.4% in terms of revenue during the forecast period. Border conflicts and geopolitical unrest are on the rise, as are demands for automation in the security industry, the adoption of robots in surveillance applications, and the expanding use of unmanned solutions by various armed forces. These factors are propelling the growth of the security robot market.

The report focuses…

The market for electronic cash registers was valued at USD 21.48 billion in 2021 and is anticipated to grow at a rate of 8.5% over the following five years. Increased company mobility and flexibility, rising demand for electronic cash registers in the retail and healthcare industries, and expanding use of portable cash registers are the main drivers of market revenue growth. A cash drawer that opens when the transaction is finished is connected to a keypad, screen, and printer in an…

The market for dairy products without animal ingredients had a value of USD 24.53 billion in 2021 and is projected to grow at a rate of 10.4% during the forecast period. The constant rise in consumer choice for a vegan diet might be linked to the market revenue growth of dairy products without any animal components. According to Rakuten's 2021 worldwide consumer survey, 81% of participants had tried plant-based milk, 48% had tried various dairy substitutes, 44% had tried vegan meat…

The size of the global market for power electronics was USD 37.40 billion in 2021, and it is anticipated to grow in value at a CAGR of 4.1%. A major driver influencing market revenue growth is the growing need for environmentally friendly and sustainable solutions, particularly in light of growing worries about Carbon Dioxide (CO2) emissions and global warming. Additionally, end-use businesses are investing in dependable and secure power electronics as a result of their growing awareness of…

The size of the global Electromagnetic Compatibility (EMC) testing market was USD 2.37 billion in 2021, and over the forecast period, revenue is estimated to grow at a CAGR of 5.4%. Increased need for EMC Pre-Compliance testing of products, growing demand for mobile data, and an increase in mobile subscribers are the main reasons fuelling the market's revenue growth. One of the most crucial processes in the creation of many goods and market research is testing for electromagnetic…

The global alkoxide market size was USD 2.40 Billion in 2021 and is expected to register a revenue CAGR of 4.8% during the forecast period, according to the latest analysis by Emergen Research. Increasing advancement in manufacturing technology and growing advancements in technology, which have led to more energy-efficient methodologies for manufacturing alkoxide-based products are major factors driving market revenue growth. An alkoxide is a popular reactant utilized for preparation of wet…