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Prebiotics Market to be Worth $6.61 Billion by 2029
Prebiotics Market by Ingredient (Inulin, Fructo Oligosaccharides, Galacto Oligosaccharides, Mannan Oligosaccharides), Application (Food & Beverages {Dairy Products, Beverages, Infant Food Products}, Dietary Supplements), and Geography – Global Forecast to 2029
The Prebiotics Market is projected to reach $6.61 billion by 2029, at a CAGR of 7.6% during the forecast period 2022–2029. The growth of this market is driven by the increasing consumption of prebiotics, the rising demand for nutraceuticals, and the increasing demand for plant-based food ingredients. However, the lack of awareness regarding the health benefits of prebiotics restrains the growth of this market. The growing use of prebiotics in infant formulas is expected to create growth opportunities for the players operating in this market. Additionally, the growing demand for natural, organic, and clean-label ingredients is a major trend in the global prebiotics market.
Fleet Management Solutions Market to be Worth $84.3 Billion by 2031
Fleet Management Solutions Market Size, Share, Forecast, & Trends Analysis by Type (Route Optimization, Asset Tracking & Management, Others), Fleet Type (MCVs, HCVs, Others), End User (Transportation & Logistics, Utilities, Others) & Geography – Global Forecast to 2031
The Fleet Management Solutions Market is expected to reach $84.3 billion by 2031, at a CAGR of 17.4% from 2024 to 2031. The growth of the fleet management solutions market is driven by the increased use of remote fleet management technology and the growing adoption of fleet management solutions for fuel management. However, data privacy & security concerns are a factor restraining the growth of this market.
Ocular Implants Market to be Worth $23.43 Billion by 2031
Ocular Implants Market Size, Share, Forecast, & Trends Analysis by Type (Scleral, Stock, Orbital, Intraocular, Retinal, Corneal) Material (Silicon, Hydroxyapatite) Application (Prosthesis, Ocuplasty, Glaucoma Surgery) End User – Global Forecast to 2031
The Ocular Implants Market is expected to reach $23.43 billion by 2031, at a CAGR of 6.1% from 2024 to 2031. The growth of the ocular implants market is driven by the increasing geriatric population coupled with the high prevalence of eye diseases, the rising adoption of minimally invasive surgeries, increasing healthcare expenditure, technological advancements in ocular implants, increasing accident cases, and the rising need for ocular implants. However, the risk of post-surgery infection and inflammation, lack of skilled ophthalmic surgeons, and strict regulations and approval processes restrain the growth of this market.
Oncology Information Systems Market to be Worth $4.45 Billion by 2030
Oncology Information Systems Market By Offering (Software {Patient Information, Treatment Planning} Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) – Global Forecast to 2030
The Oncology Information Systems Market is projected to reach $4.45 billion by 2030, at a CAGR of 7.4% from 2024 to 2030. The growth of this market is driven by the increasing prevalence of cancer, rising digitalization in cancer treatment, rising need to reduce oncology care costs, increasing adoption of electronic health records (EHR), and increased demand for streamlined patient information and data management. In addition, the integration of precision medicine for cancer treatment and its potential in emerging countries are expected to provide significant growth opportunities for this market.
Conversational AI Market Worth $54.1 Billion by 2031
Conversational AI Market Size, Share, Forecast, & Trends Analysis by Offering, Application, Organization Size, Deployment Mode, Sector (IT & Telecommunications, BFSI, Retail & E-commerce, Healthcare & Life Sciences, Travel & Hospitality, Education, Manufacturing) – Global Forecast to 2031
The Conversational AI Market is projected to reach $54.1 billion by 2031, at a CAGR of 23.9% from 2024 to 2031. The growth of the conversational AI market is driven by the surge in demand for conversational AI solutions to improve call center operations and the proliferation of voice-enabled devices. Furthermore, the high potential of AI-enabled voice assistants in the healthcare industry and the increasing proliferation of conversational AI solutions for sales and marketing management are expected to create growth opportunities for the players operating in the conversational AI market.
Digital Payment Market Worth $274.61 Billion by 2029
Digital Payment Market by Offering (Solution & Services), Payment Mode (Digital Wallets, Banking Cards, POS, Internet Banking), End User (BFSI, Retail, Travel & Hospitality, Healthcare, Others), Organization Size and Geography – Global Forecasts to 2029
The Digital Payment Market is projected to reach $274.61 billion by 2029, at a CAGR of 16.6% during the forecast period of 2022–2029. Factors such as increased adoption of digital payment modes, rising government initiatives for the adoption of digital payment and growing partnerships between banks and fintech to leverage customer experience are expected to drive the growth of the overall digital payment market growth. In addition, the increasing use of payment applications across different industry verticals and the rising adoption of contactless payment are expected to offer significant opportunities for market growth. However, a low level of awareness of online payments in rural areas can restrain the growth of this market.
Satellite IoT Market Worth $2.48 Billion by 2031
Satellite IoT Market Size, Share, Forecast, & Trends Analysis by Service Type, Frequency Band, Organization Size, Sector (Military & Defense, Agriculture, Construction, Oil & Gas, Utilities, Transportation & Logistics, Maritime) – Global Forecast to 2031
The Satellite IoT Market is projected to reach $2.48 billion by 2031, at a CAGR of 18.2% from 2024 to 2031. The growth of the satellite IoT market is driven by the rising demand for interconnectivity between devices in remote areas and the increasing use of satellite IoT technology in the agriculture industry. Additionally, the growing use of satellite IoT technology in maritime applications is expected to generate growth opportunities for the players in this market.
IVD Reagents Market to be Worth $79.76 Billion by 2031
IVD Reagents Market Size, Share, Forecast, & Trends Analysis by Type (Antibodies, Proteins, Oligonucleotides, Nucleic Acid Probes) Technology (Immunoassay, Biochemistry, Microbiology, Hematology) Use (Clinical, RUO) End User – Global Forecast to 2031
The IVD Reagents Market is expected to reach $79.76 billion by 2031, at a CAGR of 5.3% from 2024 to 2031. The growth of the IVD reagents market can be attributed to several factors, including the increasing prevalence of infectious diseases, increasing funding for research activities, the rising adoption of advanced diagnostic technologies, the growth in proteomics & genomics research studies, and the growing number of clinical laboratories offering advanced diagnostic testing menus. Moreover, emerging economies and the growing demand for protein therapeutics & personalized medicines are expected to offer growth opportunities for the players operating in this market.
U.S. Water and Wastewater Treatment Technologies Market Worth $24.63 Billion by 2029
U.S. Water and Wastewater Treatment Technologies Market by Treatment Technologies Type (Membrane Separation & Filtration, Sludge Management Technology, Activated Sludge, Clarification) and Application – Forecasts to 2029
The U.S. Water and Wastewater Treatment Technologies Market is expected to reach a value of $24.63 billion by 2029, at a CAGR of 5% during the forecast period 2022–2029. The growth of the U.S. water and wastewater treatment technologies market is attributed to stringent regulations on the safe and appropriate use of onsite wastewater treatment systems (OWTS), improvements in wastewater treatment technology, and the increasing prevalence of waterborne diseases.
Cloud Computing Market Worth $1,402.7 Billion by 2030
Cloud Computing Market by Service Model (Infrastructure as a Service, Platform as a Service, and Software as a Service), Deployment Mode, Organization Size, End User (BFSI, Retail, and Healthcare), and Geography – Global Forecast to 2030
Cloud Computing Market is projected to reach $1,402.7 billion by 2030, at a CAGR of 16.8% from 2024 to 2030. The growth of this market is driven by the increase in adoption of cloud computing services, personalized customer experience, rising demand for AI, and increasing adoption of technologies such as ML and IoT. However, data security & privacy concerns may restrain the market’s growth. The rising government initiatives and consistently rising adoption of cloud computing solutions among businesses are expected to offer significant growth opportunities for the cloud computing market. Furthermore, complexities related to the adoption of the multi-cloud model are expected to pose challenges to the growth of the cloud computing market. The latest trends in the global cloud computing market are cloud gaming and serverless computing.