Savory Snacks Market by Type (Potato Chips, Extruded Snacks, Nuts & Seeds, Meat Snacks), Flavor (Barbeque, Spice, Salty, Plain), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online Channels) — Global Forecasts to 2029

The Savory Snacks Market is expected to reach $347.2 billion by 2029, at a CAGR of 7.3% during the forecast period of 2022 to 2029. The growing consumer demand for healthy snacking, the rising popularity of convenience foods & on-the-go snacks, changing lifestyles and hectic schedules of the working population, and expansion of the retail industry across the globe are the key factors driving the growth of the savory snacks market. Furthermore, the growing E-commerce penetration in developing countries and emerging economies in Latin America, Asia, and the Middle East & Africa are expected to provide significant opportunities for the players operating in this market.

Biological Wastewater Treatment Market by Process (Aerobic Wastewater Treatment, Anaerobic Wastewater Treatment, and Anoxic Treatment), End User (Municipal, Industrial [Food & Beverage, Pulp & Paper]), and Geography – Global Forecast to 2030

The Biological Wastewater Treatment Market is expected to reach $16.1 billion by 2030, at a CAGR of 5.6% during the forecast period of 2023–2030. The rapidly diminishing freshwater resources, the stringent regulations for wastewater management, and a surge in industrial water consumption and discharge are the major factors driving the growth of this market.

In addition, the growing demand for energy-efficient & advanced water treatment technologies, the rapidly growing population, urbanization, and industrialization, the depletion of potable water, and the increasing prevalence of water-borne diseases are expected to offer significant opportunities for the growth of this market.

However, the high installation, maintenance, and operating costs hinder the implementation of Biological Wastewater Treatment solutions. Furthermore, the high cost of upgrading & repairing aging water infrastructure is a major challenge to the market’s growth.

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 2023 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.

Population Health Management (PHM) Solutions Market by Component (Software, Services), Mode of Delivery (On Premise, Cloud and Web), End User (Healthcare Providers, Payer [Private, Public], Hospitals, Physician Groups) – Global Forecast to 2030

The Population Health Management (PHM) Solutions Market is projected to reach $75.97 billion by 2030, at a CAGR of 10.9% from 2023 to 2030. PHM is a healthcare strategy that focuses on improving clinical health outcomes by preventing and managing disease, minimizing inconsistency in health, improving care coordination, patient engagement, and promoting well-being. PHM focuses on specific groups of people, including patients with chronic diseases or Medicare beneficiaries, to identify people at risk of developing diseases. The population health management (PHM) solutions integrate and store data related to patient health across all the health systems for analysis.

The growth of this market is driven by the increasing burden of chronic diseases coupled with the geriatric population, rising adoption of healthcare IT solutions, government focus on preventive healthcare, growing focus on building disease registries, and increasing healthcare expenses worldwide. In addition, untapped opportunities in emerging economies and the rising focus on value-based care are offering opportunities for market growth. However, patient data privacy and confidentiality issues and lack of interoperability are hindering the growth of this market to some extent.

According to a new market research report titled, ‘ADAS Market by System Type, Component (Sensors, Actuators), Vehicle Automation, Vehicle Type, End User, and Geography – Global Forecast to 2029,’ the global ADAS market is projected to reach $40.2 billion by 2029, at a CAGR of 21.6% from 2022 to 2029.

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The growth of this market is attributed to the Increasing ADAS adoption due to stringent safety regulations, rising demand for luxury vehicles and growing demand for safety and driving comfort features. Furthermore, the emergence of autonomous vehicles, increasing developments in autonomous shared mobility and the rising adoption of electric vehicles are expected to create significant opportunities for the players operating in this market.

The global ADAS market is segmented based on system type, vehicle automation, vehicle type, end user, and geography. The study also evaluates industry competitors and analyses the regional and country-level markets.

Based on system type, the tire pressure monitoring system (TPMS) segment is expected to account for the largest share of the ADAS market in 2022. TPMS integration is a standard in all major automotive markets, including North America, European countries, and some Asia-Pacific countries. TPMS was previously only mandatory in European passenger cars, which is expected to be in vans, trucks and buses by the end of 2022. China has been standardizing TPMS on all new vehicles since 2019, while Japan, Russia, South Korea and Turkey have already standardized TPMS on new vehicles. Such large-scale regulation of TPMS is accelerating its penetration into major automotive markets.

However, the automatic emergency braking (AEB) segment is expected to grow at the highest CAGR during the forecast period. The segment's high growth is attributed to the government regulations for the mandatory fixture of ADAS in cars manufactured in the U.S. and Europe. The AEB is designed and developed to slow down and stop the vehicle before it hits an object.
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Based on component, the sensors segment is anticipated to gain high traction owing to the substantial importance of this component in vehicle automation in 2022. The functioning of ADAS is primarily dependent on sensors and their functional accuracy. LiDAR, RADAR, ultrasonic sensors, cameras, and other sensors work together to perform the desired assistance and safety function. Different technologies are combined to improve ADAS capabilities with each sensor type's recognized strengths and weaknesses. Sensor coupling is becoming more and more standard. Therefore, the task of processing data from multiple sources in ADAS is done accurately and quickly.

However, the software segment is expected to grow at the highest CAGR during the forecast period. ADAS software gathers and authenticates data from all sensors to detect the vehicle’s complete surroundings and take instant actions for the driver’s safety. These actions can be based on analyzing traffic participants, traffic density, and foreseen traffic scenarios.

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Based on vehicle automation, the Level 2 segment is expected to account for the largest share of the ADAS market in 2022. Level 2 automation is preferred widely in ADAS because it is one of the officially recognized by the Society of Automotive Engineers (SAE) levels and an important category that offers advanced performance at an affordable price. Level 2 includes functions driven by the vehicle's systems, but the driver still needs to monitor the vehicle and be ready to intervene if necessary. Level 2 automation has strong consumer interest because drivers can take their hands off the wheel and their eyes off the road for a while without compromising safety.

Based on vehicle type, the electric vehicles segment is expected to account for the largest share of the ADAS market in 2022. The large market share of this segment is attributed to the stringent government regulations to adopt electric vehicles and growing fleet electrification to reduce carbon footprints. Moreover, the rising number of accident cases, reckless driving, and safety concerns have encouraged technological advancements in the automotive industry, which is expected to witness high segmental growth in the coming years.

Based on end user, the passenger vehicles segment is expected to account for the largest share of the ADAS market in 2022. The large market share of this segment is attributed to the increasing demand for safety systems in developing markets due to growing consumer awareness, supporting legislation, and improving road safety standards.

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Based on geography, the global ADAS market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, Asia-Pacific is expected to account for the largest share of the ADAS market. The region's large share is attributed to the increased use of advanced electronics and automobile production in countries such as Japan, China, and South Korea. Government initiatives such as implementing emergency braking systems and adaptive cruise control systems to facilitate market entry for OEMs, thereby strengthening market growth.

However, North America is expected to grow at the highest CAGR during the forecast period. The growth of this region is driven by technological advancement in the automotive industry and the presence of major players in the region. Furthermore, the higher adoption rate of new technology, along with improved regional economic conditions. The rising fatality rate and increase in sales of high-end vehicles in countries such as Canada and the U.S. are driving market growth.

Some of the key players operating in the global ADAS market study Autoliv, Inc. (Sweden), Continental AG (Germany), Denso Corporation (Japan), Garmin Ltd. (U.S.), Infineon Technologies AG (Germany), Magna International Inc. (Canada), Mobileye B.V. (Israel), Robert Bosch GmbH (Germany), Valeo SA (France), Aptiv PLC (Ireland), ZF Friedrichshafen AG (Germany), AISIN CORPORATION (Japan), BorgWarner Inc. (U.S.), HELLA GmbH & Co. KGaA (Germany), Huawei Technologies Co., Ltd. (China), Qualcomm Technologies, Inc. (U.S.), Microsoft (U.S.), and NXP Semiconductors N.V. (Netherlands).

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Algae Products Market for Cosmetics by Type (Carotenoids, Lipids, Hydrocolloids, Algal Protein), Source (Seaweed, Chlorella, Spirulina, Dunaliella Salina, Haematococcus Pluvialis), Form (Dry, Liquid), and Geography – Global Forecast to 2029

The Algae Products Market for Cosmetics is expected to reach $305.3 million by 2029, at a CAGR of 7.3% during the forecast period 2022–2029. Factors such as the rapidly growing global cosmetic industry, rising awareness about the health benefits of using organic cosmetic products, and increasing demand for vegan skincare products are driving the growth of this market. However, factors such as the lack of R&D activities in the cosmetic industry in underdeveloped countries and the complex production process of algae products are expected to restrain the growth of this market to some extent. Moreover, the rapidly growing demand for personal care & cosmetic products in emerging countries, including Asia-Pacific and Latin America, is expected to offer significant growth opportunities for players operating in this market.