Press Releases

12 Jan

Kombucha Leather Market to Grow with a CAGR of 45.2% Over the Period of 2020 to 2026

  • January 12, 2021

A kombucha leather is a bio-based substitute of traditional leather made out of a symbiotic culture of bacteria and yeast (SCOBY) in kombucha tea. Kombucha leather is eco-friendly, as it does not require chemical-based tanning and it is 100% biodegradable. Furthermore, kombucha leather is extremely versatile and can be produced in any shape. The growing concerns about negative effects of traditional leather on the environment and human health amongst the consumers is a key driver for the growth of the global kombucha leather market. 

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12 Jan

The Software-defined Wide Area Network Market is anticipated to grow with CAGR of 30.1% over the period of 2020 to 2026

  • January 12, 2021

SD-WAN is the application of software-based network technologies to WAN connections that are more effectively route all network traffic. It is the method of leveraging the benefits of cloud and existing enterprise-wide network infrastructure. SD-WAN uses software-defined networking techniques in managing and controlling multiple WAN connections such as wireless, MPLS, 4G, 5G, LTE, broadband internet, and others. It provides separation of network data and control planes and manages packet priority, routing policy, network traffic flows, and network policy. 

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12 Jan

The Substation Automation Market is Anticipated to Grow with CAGR of 5.97% Over the Period of 2020 to 2026

  • January 12, 2021

The Substation Automation system provides control and monitoring functions for all kinds of substations. It provides functioning starting from the distribution level up to extra-high voltage substations and is designed for maximum safety, efficiency, and reliability. The system makes the monitoring of the electrical equipment possible in real-time and helps maximize availability, efficiency, reliability, safety, and data integration.

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11 Jan

India Vaccine Vials Market to Grow at a Compound Annual Growth Rate of 16.92% Over the Forecast Period of 2020 to 2026

  • January 11, 2021

India is the second-most populous country with 1.34 billion people and is the third-largest economy. In spite of significant improvements in healthcare in the past years, the number of chronic disease cases is pouring at a rapid pace. As stated by the WHO report, over 20% of the country’s population suffers from at least one of the non-communicable diseases or chronic diseases, for example, cancer, heart ailments, respiratory diseases, and diabetes that are projected to cost India USD 6.2 trillion during the period 2012-2030. 

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11 Jan

Energy and Utilities Analytics Market to Grow with a CAGR of 17.2% over the Forecast Years

  • January 11, 2021

Utilities and energy companies over the world are obligated to reflect on new business models and process efficiencies regardless of new imperatives such as rising demand, novel technological interventions, and changing regulatory guidelines. Companies in the utilities and energy industry are now gradually more realizing the significance and value of analytics to improve efficiencies exceed customer expectations, and increase revenues.

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11 Jan

COVID-19 Outbreak Exerts Pressure on Supply of Infrared Camera

  • January 11, 2021

Thermal scanning is an effective way to measure the temperature of an object while maintaining physical distance from it. Thermal scanning basically works by detecting the infrared waves emitted by a hot object. As the cameras and imaging technology improves, the use of IR cameras and thermal imaging has spread to different industries. 

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04 Jan

Africa Biosimilar Market is Anticipated to Witness High Growth with a CAGR of 32.00% Over the Forecast Period

  • January 04, 2021

Biosimilars are increasingly growing important worldwide, and due to their low-price tags relative to brands and their similarity in terms of function and side effects, many leading countries are incorporating them into their health care systems and using them in many fields of medicine. Although the quality of these drugs is usually lower than that of the originator products and have not been exposed to a comparability pathway dedicated to biosimilars, they are expected to build a significant market share over time.

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04 Jan

Global Medical Laser System Market to Grow with a CAGR of 6.18% over the Period of 2020 to 2026

  • January 04, 2021

The medical laser systems are used in the medical industry for surgical procedures and diagnosis. A range of medical laser systems is utilized in restorative medical procedures, refractive eye surgeries, dental procedures, and general medical procedures. The most popular advantages of medical laser systems are decreased blood loss, minimal postoperative discomfort, reduced chances of wound infection, and better wound healing. 

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04 Jan

Colposcopes Market to Grow with a CAGR of 6.41% Due to Increasing Geriatric Population

  • January 04, 2021

Colposcope presents a large and comprehensive view of the numerous parts of the uterus, helping doctors and healthcare professionals to visually differentiate between normal and abnormal perceptible tissue. The colposcope is used to observe and identify unusual tissue or blood vessel development in the vagina and around the cervix. Moreover, it helps obtain tissue samples for biopsy proposed to diagnose cancer. The exponential spread of the COVID-19 outbreak across the globe has had an adverse impact on the colposcopes market. 

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04 Jan

Global Industrial Enzymes Market to Grow with a CAGR of 6.44% During 2020-2026

  • January 04, 2021

Enzymes are widely used indetergent industry, starch industry, brewing industry, wine industry, and dairy industry. The growth of this market is majorly due to its extensively rising demand in food and beverage sector, bio-detergent, biofuels, and molecular biology. The outbreak of COVID-19 has a minor impact on the industrial enzyme market.Further, the key ventures manufacturing industrial enzymes have shifted their focus and are currently working on the production sanitizers to fight against COVID-19. 

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04 Jan

Increasing Demand for Medicines Driving the Ireland Pharmaceutical Excipients Market

  • January 04, 2021

A pharmaceutical excipient is also known as a bulking agent, diluent, or filler, is a natural or synthetic substance formulated with the active ingredient of a medication. Further, it encompassed in a pharmaceutical dosage form to help the manufacturing procedure, to support, protect, or enhance stability, or for bioavailability or patient acceptability. Pharmaceutical excipients are also helpful in product identification and enhance the overall safety or functionality of the product during storage or usage. 

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04 Jan

The Volumetric Display Market is Anticipated to Grow with CAGR of 28.4% over the Period of 2020 to 2026

  • January 04, 2021

The volumetric display is a 3D display that potentially makes it more suitable for the classroom, workplace, medical, and defense. It is an interactive platform for 3D applications and generates true volumetric 3D images by actually illuminating points in 3D space. volumetric displays are kin to viewing physical objects in the real world. These displays typically have a 360° field of view.

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04 Jan

Anatomic Pathology Testing Market to Grow with a CAGR of 5.61% Due to its Increasing Adoption in Advanced Treatment Procedures

  • January 04, 2021

Anatomic or anatomical pathology is a medicinal branch that is accompanying with the diagnosis of disease based on the microscopic, macroscopic, immunologic, biochemical, and molecular examination of tissues and organs. Anatomic pathology testing involves diagnosing of disease by examining tissues, either through gross pathology or by light microscopy and other advanced techniques.

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04 Jan

Computational Biology Market is Anticipated to Witness High Growth with a CAGR of 21.39% over the Forecast Period

  • January 04, 2021

Computational biology is a multifaceted field that combines the principles of applied mathematics, animation, computer science, anatomy, neuroscience, visualization, biophysics, biochemistry, ecology, and genetics for studying biological systems. Furthermore, computational biology reduces the number of humans candidates required to test drugs in the development stage and this is the fundamental advantage of computational biology. It is particularly useful in formulating drugs for the pediatric population and pregnant women.

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31 Dec

Global Blood Group Typing Market to Grow with a CAGR of 10.00% over the Period of 2020 to 2026

  • December 31, 2020

Blood group typing is an important test that helps to identify the similarity of the donor with the receiver during the blood transfusion or organ donation procedure. The growth in blood transfusion therapies is boosting the growth of the blood group typing market. Therapies such as RBC transfusion, platelet transfusion, and plasma transfusions are being widely adopted and continuously evolving to meet the requirements of a changing disease landscape. Blood transfusions are required for several reasons including surgery, after accidents, and for patients with chronic diseases and cancer. The growth of these transfusion therapies is largely driven by the growing incidence of infectious diseases, the increasing number of accidents & trauma cases

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31 Dec

Global Medical Device Packaging Market to Grow with A CAGR of 6.20% over the Period of 2020 to 2026

  • December 31, 2020

Medical device packaging can be well-defined as the material and packaging type that are used to cover and protect the medical devices before they are used. The packaging provides protection and development of the durability of medical devices. Maximum medical devices used in surgical procedures require sterile packaging of the devices until they used in the operation theaters. According to a study led by Infinium Global research, the number of medical devices used for surgical procedures has increased around 5-10%. This in turn is driving the demand for sterile packaging for medical devices.

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31 Dec

Global Vials Market to Grow with a CAGR of 6.65% over the Period of 2020 to 2026

  • December 31, 2020

Several types of vials of different sizes and colors are available in the market. Vials are highly used in the medical sector to store vaccines, blood and tissue samples, and are also used in law enforcement, department stores, laboratories, and outdoor enthusiasts. Vials are also of high use in forensic labs and cosmetic counters. In recent years, the number of chemical laboratories dealing with life science, cosmetic testing, environment testing, and food & beverage testing has risen drastically. In addition, chromatography is a valuable tool mainly used in these testing centers as it can provide highly sensitive information about product quality and purity. In the recent past, the number of laboratories adopting chromatography instruments such as GC, HPLC, Ion chromatography, and many more have also increased that in turn also upsurges the demand for vials from these laboratories.

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31 Dec

Ireland Wearable Electronic Devices Market is Anticipated to Witness High Growth with a CAGR of 14.00% Over the Forecast Period

  • December 31, 2020

Wearable electronic devices are used in numerous applications such as industrial, healthcare, commercial, military, and consumer applications. The wearable electronic devices market in Ireland is still in its growing stage. Fitness trackers, smartwatches, heart rate monitors, GPS tracking devices are among the most popular devices present in the Irish market. The increasing aging population coupled with exponentially increasing chronic diseases across the country is increasing the adoption of these devices, which will eventually fuel the growth of the wearable electronic devices market in Ireland during the forecast period. 

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31 Dec

VSaaS Market to Grow with a CAGR of 16.6% Over the Period of 2020 to 2026

  • December 31, 2020

Video Surveillance as a Service (VSaaS) is a cloud-based video surveillance platform that is marketed as a service over the internet. With VSaaS, the surveillance can be done remotely through a mobile device, desktop, and tablets on PC, android, and apple products. VSaaS reduces the capital cost, lower the operational expense, and reduces the power usage. The growing investments by government sector to enhance the public safety infrastructure is the key drivers for the growth of the global VSaaS market.

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31 Dec

Smart City Market to Grow with a CAGR of 16.1% Over the Period of 2020 to 2026

  • December 31, 2020

A smart city uses information and communication technologies (ICT) to improve the operational efficiency, share information with the public, and improve both the quality of government services and citizen welfare. Smart cities use technologies such as internet of things (IoT), analytical software solutions, user interfaces (UI) and communication networks. The smart cities majorly rely first and foremost on the IoT. The growing adoption of connected devices and the Internet of Things (IoT) is a key driver for the growth of the global smart city market. 

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30 Dec

Document Capture Software Market to Grow with a CAGR of 12.1% Over the Forecast Years

  • December 30, 2020

The majority of online and offline documents can be classified as semi-structured data. They are not immediately processable by machines. At the start, template-based software attempted to connect this gap and allocate companies to automatically extract data from documents. Conversely, templates allow restricted levels of automation and are tough to maintain. Recently, vendors have built machine learning models using millions of sample documents and these models are capable of automatically extract data from documents with a high accuracy rate.

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30 Dec

Gaming Hardware Market to Grow with a CAGR of 7.1% Over the Forecast Years

  • December 30, 2020

Gaming was one of just a handful of industries to thrive during the lockdown, as people sought new entertainment choices whilst staying at home. The worldwide gaming industry is gaining way more prominence than expected. It is mainly due to the Internet and smartphone penetrating the minds of usually all age groups but mainly the exuberant youth. In Q1 2020, the number of mobile gamers grew from 1.2 billion people to 1.75 billion per month, marking an increase of 46% according to Game Analytics.

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30 Dec

The Mobile Video Optimization Market is anticipated to grow with CAGR of 9.2% over the period of 2020 to 2026

  • December 30, 2020

Traffic issues in the network impact the quality of experience and video optimization focuses on the issue of quantity. The growing interest in mobile video has made unlimited data plans increasingly attractive to subscribers. Hence, carriers can strike the right balance of price, performance, and picture quality with their plans. Unfortunately, carriers don’t have unlimited network capacity, so they need to carefully weigh how data is delivered to subscribers, or risk opening the floodgates to bigger network performance problems. The mobile video optimization solution is designed to offer densification of video resources that is, to pack video transmission as densely as possible in order to free up traffic for other revenue-generating services.

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30 Dec

Multi-Function Kiosk Market to Grow with a Significant CAGR of 24.5% Over the Forecast Years

  • December 30, 2020

Multi-Function Kiosk technology is a superior and interactive self-service terminal. It facilitates customers to do the majority of the activities like bill payment, cash & cheque deposit, service requests, etc over the kiosk. For which they would rather have to visit the branch. This technology acts as an alternate delivery channel that is relatively secure, convenient, and acts as a self-service alternative for users. 

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30 Dec

Purpose-Built Backup Appliance Market to Grow with a CAGR of 10.8% Over the Forecast Years

  • December 30, 2020

Purpose-built backup appliances provide IT organizations with a solution to frequent problems related to backup/recovery operations as well as get better service-level delivery for data to restore and availability. Backup and disaster recovery capabilities are critical for any organization. PBBA offers a way to flexibly and simply add high-reliability backups for every organization. in the beginning, PBBAs were replacements for tape storage. Numerous organizations switched to disk-based appliances above the past two decades and the PBBA market enjoyed strong.

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30 Dec

Big Data Analytics Market to Grow with a CAGR of 14.0% Over the Period of 2020 to 2026

  • December 30, 2020

The advances in new technologies, devices, and communication are leading to rapid year-on-year growth in the amount of data produced. Big data analytics use numerous data mining solutions such as text mining and predictive modeling. Big data analytics utilize some advanced statistical and mathematical models including data mining, artificial intelligence, and predictive analysis. These mathematical models are used to gain innovative insights, which help in making faster, data-driven decisions. With the help of big data analytics, the industry players are expected to move towards invention, growth, and productivity. 

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30 Dec

Visible Light Communication Market to Grow with a CAGR Of 63.09% over the Forecast Years

  • December 30, 2020

Visual Light Communication (VLC) is an advanced prototype of communication that can revolutionize the future. It adapts the visual light spectrum to convey the information efficiently. The high potential of VLC has shown by research and analysis to supply lightning fast communication with revamped energy competence and safety. VLC operates within the spectrum of visible light, which is healthy, harmless, and has a huge bandwidth. Due to which it is preferred in optical communication.

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30 Dec

Data Centre Interconnected Platform Market is Anticipated to Grow with CAGR Of 12.3% Over the Period of 2020 to 2026

  • December 30, 2020

A data center is a centralized repository system for the storage, management, and dissemination of data and information. Typically, a data center is used to house computer systems and associated components, such as telecommunications and storage systems. The data centers interconnected platform have grown enormously as organizations have moved workloads from traditional data center deployments to hybrid cloud infrastructures. Today, with the addition of multiple cloud service deployment scenarios, the organizations creating and maintain their data center infrastructure and computing assets.

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30 Dec

IoT Security Market to Grow with A CAGR of 22.2% over the Forecast Period

  • December 30, 2020

IoT services are running as the growing adoption of IoT devices across all aspects of a consumer’s life. The IoT industry is rapidly connecting everything it possibly can. The UK Government is stepping in to effectively force IoT product manufacturers and software service providers to offer adequate protection. In July 2020 UK government unveils new details for IoT security standards. These proposals include new standards for security and the creation of a new enforcement agency. This is a significant step to make sure smart products are secure and people’s privacy is protected.

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30 Dec

Connected Car Market to Grow with CAGR of 21.3% Over the Forecast Period

  • December 30, 2020

The connected car industry has the potential to transform the interoperable wireless communications network. The U.S. Department of Transportation has focused on helping people survive crashes. This further provides the growing adoption of connected cars. Furthermore, the adoption of the connected car in Europe is largely due to the eCall emergency call system which, must be fitted in all new vehicle models since March 31, 2018, in accordance with EU regulation. 

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