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Showing posts from July, 2024

Blockchain Technology in BFSI Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast

 The global blockchain technology in BFSI market is forecast to reach a market size of USD 70,026.4 Million by 2028, and register a rapid CAGR, according to latest analysis by Emergen Research. Growth of the global blockchain technology in BFSI market is expected to increase significantly in terms of revenue during the forecast period due to increasing demand for distributed ledger technology in banks. Rising adoption of blockchain technology for capital optimization is also a major factor expected to further boost global blockchain technology in BFSI market growth during the forecast period. Increasing adoption of blockchain technology for cross-border payments is expected to further support growth in market size in future. The Global Blockchain Technology in BFSI Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Blockchain Technology in BFSI industry. The study offers comprehensiv...

Virtual Power Plant Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast

 The global virtual power plant market is expected to reach a market size of USD 3,724.2 million by 2028 at a relatively robust CAGR over the forecast period, according to latest analysis by Emergen Research. This growth can be attributed to factors such as increasing initiatives of various governments regarding adoption of renewable sources of energy, which is driving renewable power generation activities. Rapid urbanization and rising focus on decarbonization, along with the rapid digitalization trend, are other factors driving adoption of virtual power plants, and the trend is expected to continue during the forecast period. Increasing energy consumption is another factor driving demand for virtual power plants to monitor and increase production of energy from renewable sources. Technological advancements on the traditional power grid for development of a new smart decentralized grid with bi-directional energy is contributing to growth of the virtual power plants market. The glo...

Advanced Prosthetics and Exoskeletons Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast

 The global advanced prosthetics and exoskeletons market is projected to reach a market size of USD 5.43 Billion by 2028 at a robust double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. Some key factors driving market growth are increasing initiatives to drive awareness about benefits and advantages of advanced prosthetics, government and NGO-funded programs and activities related to these solutions and deployment, as well as rising investments in the healthcare sector worldwide, among others. The Global Advanced Prosthetics and Exoskeletons Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Advanced Prosthetics and Exoskeletons industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Advanced Prosthetics and Exoskeletons market along with crucial statistical data about the Advanced Prosthetics and ...

Internet of Things (IoT) Insurance Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast

 The global Internet of Things (IoT) insurance market is expected to reach a market size of USD 775.65 Billion by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing demand for IoT devices in the insurance industry to enhance customer experience is the key factor driving the global Internet of Things (IoT) insurance market growth during the forecast period. Besides, growing demand for value-added services is expected to propel global Internet of Things (IoT) insurance market growth during the forecast period. Furthermore, increasing adoptionof Internet of Things (IoT) devices in developing and developed countries is expected to augment global Internet of Things (IoT) insurance market growth going ahead. The Global Internet of Things (IoT) Insurance Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Internet of Things (IoT) Insurance ind...

Next-Generation Biomanufacturing Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast

 The global next-generation biomanufacturing market is expected to reach a market size of USD 39.18 Billion by 2028, according to a recent analysis by Emergen Research. Next-generation biomanufacturing process makes it possible to meet increasing demand for biological medicine used in the treatment of critical diseases such as liver and kidney disorders, cancer and diabetes. In addition, growing adoption of single-use products such as single-use bio-reactors, bio containers and increasing financial support from private investors and governments for development of next-generation biomanufacturing units are among some major factors driving growth of the global next-generation biomanufacturing market, and the trend is expected to continue over the forecast period. The Global Next-Generation Biomanufacturing Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Next-Generation Biomanufactur...

Sensors in Internet of Things (IoT) Devices Market Size, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast

 The global sensors in Internet of Things (IoT) devices market is expected to reach a market size of USD 204.74 Billion at a steady CAGR of 30.8% in 2028, according to latest analysis by Emergen Research. This steady revenue growth of the market can be attributed to increasing Internet and wearable medical device penetration and growing trend of smart factories and automation of various manufacturing processes. Adoption of IoT-enabled sensors and devices to enable more flexible manufacturing processes and to improve productivity has been increasing. Growing need to monitor, control, and improve operational efficiency has also been resulting in growing adoption of sensors in IoT devices in manufacturing and automotive industries. Smart city initiatives in developing countries are also contributing to growing demand for sensors in Internet of Things devices, and the trend is expected to continue during the forecast period. Manufacturing industries are increasingly adopting sensors in...