Conversational AI Market Future Trends, Prominent Players, Industry Impact and Forecast by 2024

Valued at $3.2 billion in 2018, the conversational artificial intelligence (AI) market is expected to reach $15.0 billion in 2024, registering a 30.2% CAGR during 2019–2024. The market is witnessing growth due to the rising demand for AI-powered customer support services,...

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Automotive Fuel Injection System Market Set to Exhibit Tremendous Growth in Future

 The automotive industry has been witnessing a robust growth all across the globe, which can primarily be attributed to the rapid economic growth in developing countries, rising disposable income of people, and emergence of electric vehicles in the market. Because of all...

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Rising Medical Tourism Driving Anti-Aging and Skin Rejuvenation Energy-Based Aesthetic Devices Market

This is due to the rising medical tourism, awareness about the safe use and advantages of anti-aging and skin rejuvenation energy-based aesthetic devices, geriatric population, and inclination toward minimally invasive aesthetic treatments. These devices are utilized for performing various...

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Coronavirus Business Impact – Battery Management System Market In-depth Analysis of the Industry with Future Estimations

The rising demand for electric vehicles (EVs) across the globe, on account of the increasing government policies and measures supporting the deployment of eco-friendly vehicles, is one of the major factors powering the sale of battery management systems (BMS) throughout the world. For instance, New Zealand joined the global EV initiative in 2018 that...

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Autonomous Commercial Vehicle Market Future Trends, Prominent Players, Industry Impact and Forecast by 2030

 Vehicles have certainly made the lives of human being easier, however, the technology has certain drawbacks as well, one of which is the increasing number of road accidents. The major cause of road accidents is human error, since drivers often fail to pay attention properly,...

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Low-Code Development Platform Market Outlook By Size, Demand Status Of Type, Applications And Future Forecast

The key factors driving the growth of the low-code development platform market are the rapid digitization, less requirement for IT professionals associated with the technology, and regulatory uncertainty. The market revenue, which was $10.3 billion in 2019, is projected to...

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Motion Sensor Market Share: In-Depth Coverage And Various Important Aspects by 2030

The demand for consumer electronics has been increasing rapidly across the globe, as the disposable income of people is rising. In addition to this, the price of products such as smartphones and laptops has decreased considerably since the past few years, owing to technological...

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Demand for Intelligent Traffic Camera Market to Experience a Significant Dip in 2030, Influenced by COVID-19 Pandemic

 The increasing prevalence of road accidents around the world is an important factor driving the growth of the global intelligent traffic camera market. The market generated $10,087.8 million revenue in 2019 and is expected to attain a value of $24,465.6 million in...

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Boom Expected in Automotive Lithium-Ion Battery Sales in Future

The mushrooming requirement for electric vehicles is one of the major factors responsible for the soaring demand for automotive lithium-ion batteries across the globe. As per the observations of the International Energy Agency (IEA), “the global electric car fleet exceeded...

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Changes in Consumer Behaviour During COVID-19 Outbreak May Affect Growth of Natural Language Processing Market

By leveraging automatic translation, speech processing, natural language generation (NLG), and sentiment analysis, NLP helps prioritize the extracted information, thereby helping organizations in making the best use of structured as well as unstructured data. Therefore, the...

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What are Main Factors Expected to Cause Boom of DOA Testing Market in Asia-Pacific in Future?

Since the last few years, there has been a huge rise in the usage of illicit drugs, especially amongst the younger population all over the world. This fact is authenticated in the World Drug Report published by the United Nations Office on Drugs and Crime (UNODC) which says...

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How will Advancing Healthcare Sector Drive Medical Robotic Systems Market in North America?

 The increasing geriatric population across the world is one of the key factors responsible for the surging usage of medical robotic systems. Moreover, the rising healthcare costs and dwindling number of healthcare providers and caregivers are significantly boosting the...

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What are Major Factors Contributing to Boom of Carrier Screening Market in Asia-Pacific?

 The rising incidence of genetic diseases is one of the biggest factors responsible for the surge in the adoption of carrier screening processes across the world. The risk and severity of most of the genetic diseases depend on the patient’s ancestors and carrier status....

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Global Gene Therapy Market to Register 31.1% CAGR during 2020-2030

 The burden of chronic diseases has only been increasing since past few years. The cases for cancer, for example, are growing rapidly. According to the American Cancer Society, from 2016–2019, the number of new cases of cancer in the U.S. increased from 1,685,210 to 1,762,450,...

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mPOS Terminals Market | Covid19 Impact Analysis | Business Outlook, Growth, Revenue, Trends and Forecasts 2030

The rising sale of smartphones, high digitization rate, and increasing penetration of the internet are leading to the growing trend of contactless payments. As per Capgemini, compared to 598 billion in 2018, 876 billion digital payments would be done by the end of 2021. In...

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Used Car Market Status & Supply Demand | Industry Forecast Report To 2030

The global used car market attained 115.2 million units in 2019 and is predicted to reach 275.3 million units by 2030, exhibiting a CAGR of 8.7% during 2020­­–2030 (forecast period). The increasing number of organized sector players such as CarGurus Inc.,CarMax Inc., and Cars24...

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Forklift Market Analysis 2020 Insight Growth Analysis Technology Innovation, Opportunity by 2030

The global forklift market generated a revenue of $33,878.7 million in 2019 and is predicted to attain a value of $42,519.4 million in 2030, advancing at a CAGR of 2.8% between 2020 and 2030. The major factors driving the advancement of the market are the development of autonomous...

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COVID-19 Impact Review: Outdoor Lighting Market Outlook in 2020? | Know the Challenges and Trend Analysis

The prime focus of the different governments across the world at the present time is saving energy due to the surging energy crisis. It is because of this that the demand for energy efficient lighting solutions, primarily light emitting diodes (LED), is growing. Since LEDs...

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How is Growing Preference of Herbal Personal Care Products Driving Demand for Neem Extract?

 The demand for personal care products has been soaring these days all across the globe. As people are now extremely conscious regarding their physical appearance, they are increasingly investing in personal care products that can aid in enhancing their aesthetic appearance....

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Popularity of UHT Milk Set to Soon Eclipse That of Regular Milk

 In recent times, there has been a steep rise in the popularity of UHT (ultra-high-temperature) processed milk all over the world. This is predominantly because of the lack of proper refrigeration space and equipment and long power outages in several countries around the...

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Wearable AI Devices Market | Analysis, Post Covid-19 Impact | Potential Business Impacts for Key Players

The demand for AI-enabled voice assistance is gaining popularity, with voice assistance feature being integrated in them to support multiple functions. Such technology allows users to search through the web on the device with a voice command, related to the weather, news,...

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Booming Automobile Sales to Boost Demand for Automotive Electronics in Future

Automotive electronics are key components of automobiles and therefore, the mushrooming sales of automobiles are positively impacting the requirement for automotive electronics across the globe. According to many reports, automotive electronics nowadays account for nearly 35%...

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Speech Analytics Market Growth Rate, Developments In Major Areas, Market Size, Dynamics, Opportunities, & Forecast With Demographic Data Till 2030

In today’s competitive world, companies are finding it difficult to engage customers for the long-term. Due to many choices available to customers, it is being observed that they are no more brand loyal. Despite being provided with a better price and product quality, customers...

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