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Battery Management Systems Market to be Worth $34.8 Billion by 2030
Considering the environmental benefits of EVs, governments are increasingly offering incentives and subsidies for purchasing EVs & implementing the associated charging infrastructure, boosting the demand for the energy infrastructure market for EV charging stations. However, the lack of infrastructure in emerging economies for the development of EVs and standardization in battery management solutions restrain the growth of this market. The complex design & manufacturing process is a major challenge for the players in this market. Additionally, the rise in electricity generation from renewable energy sources is a prominent trend in the battery management systems market.
Blood Banking Equipment Market Worth $24.26 Billion by 2030
The growth of this market is driven by the rising demand for blood and blood-related products, the increasing number of surgical procedures being performed globally, and technological advancements and automation in blood banking devices. In addition, untapped opportunities in emerging countries and the supportive initiatives to promote blood transfusion offer significant opportunities for the growth of this market.
Blockchain in Retail Market Worth $25.8 Billion by 2029
The growing adoption of crypto payment services in the retail sector, the increasing proliferation of blockchain to fight counterfeiting in the retail sector, and blockchain contribution to B2B payments are expected to offer significant growth opportunities for the stakeholders in the blockchain in the retail market.
Remote Asset Monitoring Market to Reach $86.36 Billion by 2030
Increasing adoption of remote asset monitoring by various businesses to optimize their operations and reduce costs, increasing need for real-time visibility into asset performance and operational data, deployment of remote asset monitoring for improving safety and security measures, and easy scalability and adaptability to various industries and asset types are some of the factors which are expected to offer significant growth opportunities for players operating in remote asset monitoring market.
Medical 3D Printing Market to be Worth $9.6 Billion by 2030
Furthermore, the rising adoption of computer-aided design (CAD)/computer-aided manufacturing (CAM) technologies and the increasing demand for artificial 3D-printed organs are expected to offer significant market growth opportunities. However, the less accuracy and repeatability of 3D printing than traditional methods pose a major challenge to the market’s growth.
TOP 10 COMPANIES IN PHARMACEUTICAL QUALITY MANAGEMENT SYSTEMS MARKET
Pharmaceutical Quality Management Systems (QMS) are sets of procedures and practices that contribute to the quality of pharmaceutical products. Quality management systems reflect regulatory requirements relevant to industries and companies, promoting continuous improvements and innovation and strengthening the link between manufacturing and development activities throughout product development, manufacturing, and distribution.
TOP 10 COMPANIES IN ASIA-PACIFIC ONLINE LANGUAGE LEARNING MARKET
The growth of this market is driven by the increasing importance of English in business and professional areas, globalization and the growing need for communication across borders, and the growing e-learning market. However, the reluctance to accept foreign languages, including English, as a primary language for communication in some countries is expected to restrain this market’s growth.
Blood Banking Equipment Market Worth $24.26 Billion by 2030
The growth of this market is driven by the rising demand for blood and blood-related products, the increasing number of surgical procedures being performed globally, and technological advancements and automation in blood banking devices. In addition, untapped opportunities in emerging countries and the supportive initiatives to promote blood transfusion offer significant opportunities for the growth of this market.
Platform-as-a-Service Market Is Anticipated To Grow $227.5 billion by 2030
The exponential growth trajectory of the PaaS market is underpinned by a confluence of factors, including the escalating adoption of cloud computing technology, the burgeoning implementation of Internet of Things (IoT) technology, and the imperative need to curtail time to market and application development costs. However, amidst this surge, the market faces challenges stemming from data security and privacy concerns, alongside the complexities associated with cloud migration and vendor lock-in.
Newborn Screening Market Worth $2.07 Billion by 2029
Newborn screening is a screening program for infants under which pre-symptomatic congenital conditions are detected so that treatment can be commenced as soon as possible to prevent or reduce the long-term consequences of the disease. These programs are usually run by the national or state governing bodies with the aim of screening all infants for a defined panel of disorders that are treatable.