Shital Thakare Profile

The Virtualized Evolved Packet Core (vEPC) Market is expected to reach $17.05 billion by 2028, at a CAGR of 23.4% during the forecast period of 2021 to 2028. Growing mobile data traffic volume; increasing need to reduce operational expenditure (OPEX) and capital expenditure (CAPEX); rising demand for commercialization of 5G network, IoT deployment, and agile networks; and increasing demand for broadband services over mobile networks are the key factors driving the growth of the virtualized evolved packet core market.

The Soluble Dietary Fibers Market is projected to reach $4.99 billion by 2029, at a CAGR of 7.8% during the forecast period 2022–2029. The growing health consciousness among consumers, rising awareness about the health benefits of soluble dietary fibers, the rise in incidences of chronic diseases, increasing demand from pharma, food, and feed manufacturers to incorporate soluble dietary fibers into their products, and increasing role of government to promote healthy food across the globe drive the growth of this market.

Digital pathology involves interpreting and managing pathology information generated from digitized glass slides. The use of digital pathology has been one of the mainstream options for routine diagnostics and drug development. The use of digital pathology has increased due to its wide benefits, including sharing video streams and digital images in real time. Additionally, with the use of machine learning (ML), the assessment of images can be done beyond traditional histopathology by linking AI with clinical data.

In recent years, the retail industry stakeholders have been leveraging location-based solutions considerably due to their benefits, such as customer insights, proximity marketing, and enhanced shopping experience. Similar to big brands and multi-store chains, several brick-and-mortar retailers are also implementing location intelligence solutions into their product offerings to provide insights regarding customers spending behavior to boost retail functionality and sales. Retailers are promoting location-based apps to their customers to provide them with relevant information & insights and help them with store navigation, promotional offers, and benefits within the store.

The Solid State Radar Market is projected to reach $3.3 billion by 2030, at a CAGR of 7.5% from 2023 to 2030. The growth of this market is driven by the increased demand for advanced weather monitoring radar and the growing demand for solid-state phased array radar systems from the defense sector. However, the high manufacturing cost may restrain the market’s growth. The growing demand for 3D solid-state radars and the surge in demand for air surveillance radars are expected to offer significant growth opportunities for stakeholders in the solid state radar market. Furthermore, the consistent development in countering existing radar technology is expected to pose a challenge to the growth of the solid state radar market.

The Remote Asset Monitoring Market to reach $86.36 billion by 2030, at a CAGR of 22.9% from 2023 to 2030. The growth of the remote asset monitoring market is driven by the increasing adoption of IoT and connected devices to enable real-time data collection, monitoring, and analysis of assets; increasing demand for predictive maintenance; and increasing requirements of companies to meet compliance obligations.

The Veterinary Immunodiagnostics Market is expected to record a CAGR of 9.3% during the forecast period 2022–2029 to reach $2.71 billion by 2029. The growth of this market is driven by the increasing prevalence of diseases in animals, the presence of disease-specific immunodiagnostic tests, and advancements in immunodiagnostic technology. Moreover, the increasing pet population and the rising demand for animal-derived foods support the growth of this market. Emerging economies are expected to create opportunities for the growth of this market.

The Insect Fertilizers Market is expected to reach $319.7 million by 2029, at a CAGR of 24.3% during the forecast period of 2022 to 2029. The growth of this market is attributed to factors such as the growth in the organic food industry, the growing awareness about the use of insects to convert waste into organic fertilizer, and the increasing production of waste from the restaurant, agriculture, and food & beverage industries.

The Environmental Monitoring Market is expected to reach $25.95 billion by 2028, at a CAGR of 7% during the forecast period of 2021 to 2028. The increasing government funding towards environmental sustainability, development of policies and initiatives to reduce environmental pollution levels, rising installations of environmental monitoring stations, and increased adoption of environmental monitoring strategies by the public and private companies are propelling the market growth. In addition, the use of internet of things (IoT) technology and nanotechnology provide lucrative opportunities for the growth of the market.

The Chromatography Data Systems Market is projected to reach $1.7 billion by 2030, at a CAGR of 7.5% from 2023 to 2030. Chromatography data systems help researchers and laboratory professionals with faster, more accurate, and paperless analysis of chromatography data. The increasing need for automation in laboratory instrumentation to reduce manual data entry errors has increased the adoption of chromatography data systems among various sectors.