Market Analysis

  The   global data center construction market   size was  USD 59.7 billion in 2021 . It is estimated to reach  USD 163.2 billion by 2030 , registering a CAGR of 13.47% during 2022-2030. Datacenter construction is a complex task that requires extensive planning of electrical, location, and mechanical requirements. Moreover, the data centers carry out mission tasks. Any imperfection in power management to building design could be catastrophic and increase costs to the companies. According to the Cloud Infrastructure Report 2021, 57% of respondents said more than half of their infrastructure is in the cloud, and 64% believe they will be fully in the public cloud in the next five years. Like the release of the General Data Protection Regulation (GDPR) act, the regulations around privacy concerns have compelled many vendors to increase data center construction within Europe. This is in line with the storage of confidential and sensitive information of European citizens locally. Furthermore

  The   global clinical trials market  is expected to grow from  USD 39,710.2 million in 2021  to  USD 59570.1 million by 2030 , at a CAGR of 5 . 2 %  from 2022 to 2030 .  In conjunction with the rising burden of diseases, the increasing patient population led to a rise in the R&D of drug discovery, which helped increase clinical trials in the industry. In addition, investments in clinical trials are projected to positively influence market growth in the future. For instance, Small molecule drug discovery is a priority for Cancer Research UK. It funds milestone-driven projects at all stages of drug discovery, from target identification to early pre-clinical studies, through a program called "Small Molecule Drug Discovery Project Award." It provides annual funding of GBP 100,000 for 12 to 36 months. Furthermore, with the growing demand for generic medicines and biologics, the capital-intensive nature of the business, and the complex manufacturing requirements, many pharmac

  The   chip resistor market   accounted for  USD 1,050 . 3   million in 2021  and is estimated to reach  USD 1,661 . 4 million by 2030 , registering a CAGR of 5 . 9 %  from 2022 to 2030 .  Chip resistors limit DC or AC current .  They control the current flow in a device or system and drop the voltage or maintain the current at a certain level .  They are used in various applications such as industrial automotive, consumer electronics devices, and others .  They can be used to operate, protect, or control circuits .  Chip resistors can enhance and even replace existing technology solutions within enterprise supply chains and change the structure of the work environment .  Companies manufacture chip resistors are demonstrating use cases that increase workplace efficiency, compliance, and productivity which is estimated to be profitable when the technology matures . A surge in trends and technology in consumer electronics and automotive applications is expected to generate opportunities

  The  global commercial greenhouse market  size is expected to grow from  USD 2,158.5 million in 2021  to  USD 3,492.5 million by 2030 , at a CAGR of 6.2 %  from 2022 to 2030 .  Adopting advanced technology in agriculture has improved farmers' approaches in the farmland. Modern agriculture has made it easy for the farmers to achieve high productivity while efficiently utilizing resources. As the farming sector expands, farmers worldwide aim for higher yields, quality products, and economies of scale. The needs of the rising population, the necessity to increase crop yields, increasing food demand, and increased productivity drive the market. The factors such as decreasing arable land, climate changes, increasing demand for food, and benefits derived from the greenhouse cultivation of crops, are popularizing and encouraging the greenhouse installation, thereby driving the market growth. Factors such as high initial setup costs and lack of technical expertise among farmers may also

  The  global fabric hot - melt adhesives market  is expected to grow from  USD 10 . 1 billion in 2021  to  USD 17 . 6 billion by 2030 , at a CAGR of 7 . 2 %  from 2022 to 2030 .  Hot melt is the polymer - based glue that is applied in a molten state .  The adhesive application is usually an industrial glue gun, which works through either trigger action or finger pressure .  Growing demand from the packaging industry is expected to drive market growth .  The packaging application segment is projected to be the fastest - growing segment during the forecast period .  Factors such as increasing demand from online businesses such as e - commerce and food deliveries and the need for flexible packaging demand in the food and beverage sector are projected to contribute to the demand for polyester hot melt adhesives .  Advancements in packaging materials and technologies have boosted the demand for corrugated packaging for food and beverages . The increased use of corrugated packaging in non -

  The   global market  of push - to - talk over cellular   was  USD 4 . 8   billion in 2021  and projected to grow at a CAGR of 10.1% to reach  USD 8 . 7 billion by 2030 . Push-to-talk over cellular is a set of processes that include two-way communication technology with the help of phones as walkie-talkies with unlimited range. It majorly includes a push-to-talk voice service for smartphone communications and provides one-to-one and one-to-many voice communication services over a cellular network. The half-duplex Voice-over-IP technology over mobile networks increases push-to-talk over cellular services for using cellular access resources at its best. In addition, reliable communications services with high-quality audio support are expected to drive the push-to-talk over cellular market growth in the future. Push-to-talk over cellular is generally used for applications that require wide geographical coverage, such as transportation & logistics, and public safety & security, am