Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers , since they have become much more efficient. Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the …
Category Archives: Business
AI in Telecommunication Market is estimated to reach around 12 Bn in 2031
According to latest research, AI in Telecommunication market is estimated to reach around 12 Bn in 2031 with an expected CAGR of 35%. Factors like utilization of AI-enabled smartphones and adoption of AI for various telecommunication applications are driving the demand for AI in telecommunication. What is Driving Demand for AI in Telecommunication? Demand is …
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Tokenization Market is set to Witness Steady Growth During 2021-2031
Tokenization market is set to witness steady growth during 2021-2031. One of the major growth drivers for the tokenization happen to be increasing need to adhere to compliances and regulations. Additionally, the mounting need to preserve fraud prevention levels due to increased financial crimes is further responsible for driving the market growth. Moreover, increasing demand …
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Thin Client Market would grow by more than 2.2% CAGR
The thin client market was valued US$ 1.6 Bn in 2020, and would grow by more than 2.2% CAGR. Thin Client consist of network computers which is connected to a server-based computing environment in which memory, sensitive data, and most applications are stored. It uses central server to store data instead of hard drive and …
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Lipase Market SWOT Analysis, Business Growth Opportunities by Top Companies, Future Challenges, Competitive Strategies and Forecast to 2026
Growing prevalence of celiac disease and obesity has led to an upsurge in demand for lipase globally. In addition, surge in demand for production of detergents will continue to impact the global market growth of lipase. Future Market Insights states that the global market of lipase is projected to reflect a CAGR of 7.8% over …
Mango Puree Market by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2027
Mango puree is a pressed and blended soft creamy paste or thick liquid, which is obtained in mango pulp format. Mango puree has an accepted brix range from 14.0 – 18.0. Aseptic mango purees with a natural brix of up to 28 degrees have been produced and used for making dairy products (yoghurts, etc.), ice …
Guar Gum Market by Services, Company Profiling, Business Revenue, and Growth Opportunities to 2026
The global guar gum market is likely to surpass US$ 1.3 Bn in revenues by the end of 2026, according to a new research report by Future Market Insights (FMI). The report projects the market to grow at a CAGR of 2.8% during the forecast period 2017-2026, with steady demand from end users in Asia Pacific excluding …
Glucuronolactone Market by Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2029
Due to the expansion of the food and pharmaceutical industry, the demand in the glucuronolactone market is increasing. Consumes are gradually shifting towards consumption of healthy food. As a result of this the demand for dietary supplements are increasing, which in turn, fuels the demand for Glucuronolactone. The market is anticipated to rise at a CAGR of ~3.9% …
Thioglycolates Market by Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2029
The global Thioglycolate market size is expected to reach US$ 137.7 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 3.4% CAGR between 2019 and 2029. According to the report, rising demand for bakery products and also application of thioglycolate in cosmetic industry …
Lecithin Market by Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2021-2031
Soy and egg yolk are considered to be the most common sources of lecithin. Major soybean-producing countries such as the United States, India, Brazil, and others have plenty of raw materials for lecithin producers. Varied end user industries are displaying increased demand for naturally-derived lecithin. Manufacturers are focused on broadening their product portfolio, and increasing …