Monthly Archives: December 2022

Connected solutions for oil & gas sector are expected to surge at a CAGR of 16.3% between 2020 and 2030. VR training emerges as a popular connected solution in the oil and gas market as it remains on the cusp of digital transformation. Connected pipeline solution solving challenges associated with damaging leaks leading to massive losses. IoT plays a …

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The Blockchain Technology Market is predicted to surge at 43.5% CAGR through 2030, reaching US$ 59.5 Bn in valuation, up from just US$ 3.31 Bn in 2022. Assets can be intangible, such as copyrights and patents, or they can be tangible, such as cash or homes. Blockchain technology is constituted of ordered records distributed in a block structure. Every data block contains …

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The Hyper-Converged Systems Market is anticipated to surge at a CAGR of 27.1% to reach US$ 9.83 Bn in 2022 and US$ 66.8 Bn by 2030. Technological advancements in hyper-converged systems have opened up a wide range of opportunities for businesses and corporate entities that require huge storage capacity, networking, and computing infrastructures for their business needs. Making use of hyper-converged systems help …

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The video streaming software Market is anticipated to progress at an impressive CAGR of 10.2% to reach US$ 5.9 Bn in 2022 and US$ 12.87 Bn by the end of 2030. At present, the broadcasting industry is experiencing an ever-increasing demand for original video content. Major competitors are spending billions on the production of new content to satisfy their existing audiences and also attract …

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The Temperature Detection Screen Market stands at a valuation of US$ 1.2 Bn in 2022, and is projected to attain an estimated worth of US$ 4.2 Bn by 2030 and exhibiting a remarkable 16.9% CAGR between 2022 and 2030. Key Market Dynamics Thermal imaging technique is being continuously researched and is one of the key diagnostic technologies …

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The global direct drive wind turbine market is expected to be worth US$ 18.3 billion in 2032, with a CAGR of 16.2 % from 2022 to 2032. It is expected to exceed $14.6 billion by 2022. The urgent need to reduce noise, improve surge efficiency, and generate more torque with lower RPM is expected to boost direct drive wind turbine sales …

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The global food sorting machines market is expected to exceed US$ 1.5 billion by 2022. Surging demand for packaged food products globally is expected to boost sales at a 5% CAGR over the assessment period, with the market size approaching US$ 2 billion by 2032. With a growing global population and increasing pressure on the food industry to meet customer demands, …

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The global Wedge Wire Screen market was worth US$ 0.68 billion in 2021 and is expected to grow at a CAGR of 4% to reach US$ 0.71 billion in 2022. The wedge wire screen market is expected to grow in the approaching years because to its high strength, rigidity, and weight-carrying capacity. The whole structure is then compressed and made safe by …

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The air sampling pump market is predicted to grow at a 3.79 percent CAGR from 2022 to 2032, rising from US$ 47.06 Million in 2022 to a valuation of US$ 68.27 Million by 2032. Airborne hazards caused by fibres, gases, vapours, and dusts can lead to potentially fatal illnesses that affect the kidneys, lungs, and liver. Air sampling is a widely adopted method …

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