Remote Asset Monitoring Market to Be Worth $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.
Satellite IoT Market Worth $2.1 Billion by 2030
Satellite IoT Market by Service Type, Frequency Band, Organization Size, Sector (Military & Defense, Agriculture, Construction, Oil & Gas, Utilities, Transportation & Logistics, Maritime) – Global Forecast to 2030
The Satellite IoT Market is Expected to reach $2.1 billion by 2030, at a CAGR of 18.2% during the forecast period 2023–2030. 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. However, the high costs of implementing satellite IoT solutions restrain the growth of this market. Additionally, the growing use of satellite IoT technology in maritime applications is expected to generate growth opportunities for the players in this market. However, satellite IoT devices’ vulnerability to cyberattacks is a major challenge for market growth.
Electric Vehicle Adhesives Market to Reach $14.29 Billion by 2030
Electric Vehicle Adhesives Market by Vehicle Type (Electric Trucks, Electric Buses, Electric Bikes, Electric Cars), Resin (Epoxy, Silicon, Polyurethane, Acrylics, Others), Application, Form, Substrate, End Use and Geography – Global Forecast to 2030
The Electric Vehicle Adhesives Market is projected to reach $14.29 billion by 2030, at a CAGR of 56% from 2023 to 2030. The growth of the electric vehicle adhesives market is attributed to the growing demand for EVs, the increasing demand for efficient and advanced bonding solutions in EVs, and the increasing adoption of adhesives in EVs for battery assembly. Also, the increasing demand for sustainable and eco-friendly adhesives solutions and the adoption of autonomous electric vehicles are expected to offer significant growth opportunities for players in the electric vehicle adhesives. However, the availability of mechanical fasteners may hinder the growth of this market.
Europe Online Language Learning Market to be Worth $8 Billion by 2030
Europe Online Language Learning Market, by Learning Mode (Self-learning Apps, Tutoring), Age Group, Language (English, Mandarin, Spanish), End User (Individual Learners, Educational Institutions), and Country – Forecast to 2030
The Europe Online Language Learning Market is projected to reach $8 billion by 2030, at a CAGR of 17.3% during the forecast period of 2023–2030. The growth of this market is driven by the increasing adoption of artificial intelligence in e-learning, the availability of cost-effective online language learning apps, and the growing need for cross-border communication due to globalization. Additionally, the increasing preference for multilingual employees among multinational companies and the growing popularity of transnational education (TNE) are expected to create significant market growth opportunities.
However, data security & privacy concerns restrain the growth of this market. Furthermore, the lack of trained professionals to teach languages is a major challenge for the players in this market. Flexible pricing structures, wearable technologies, and e-learning are prominent trends in the Europe online language learning market.
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