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Showing posts from May, 2022

Smart Connected Washing Machines Market share and Forecast By 2030

  Description According to the Market Statsville Group (MSG), the  global  smart connected washing machines market  size is expected to grow from  USD 1,922.2 million in 2021  to  USD 2,759.6 million by 2030 , at a  CAGR of 4.2 %  from 2022 to 2030 .  Most smart connected washing machines available in the market today come with smart features like thermostats and enhanced self-diagnostics tools. They also have smart grid-ready features that automatically run the washer when electricity rates are the lowest, collect data to produce custom cycles by studying the number of cycles run and preferred time for a wash, and download new wash cycles for specific laundry stains. Also, the machines can come in two forms, including washers (single or twin wash drums) and washers and dryers combined into one unit. As smart washing machines use smart grid technology and promote efficient energy utilization, many government bodies encourage their use to save energy and resources. These machines can be

Data Fabric Market size is expected to grow USD 10,166.0 Mn by 2030

  Description According to the Market Statsville Group (MSG), the  global  data fabric market  size is expected to grow from  USD 1,261.2 million in 2021  to  USD 10,166.0 million by 2030  at a  CAGR of 26.1 %  from 2022 to 2030 .  Data fabric is a mixed data management platform that effectively combines real-time and historical data. It is a software-enabled approach that helps businesses connect substantial storage resources (such as on-premises and cloud storage) with data management. The recent development of organized and unstructured business data across various industry verticals is likely to be an essential driver of the data fabric market over the forecast period. Execution of data fabric solutions in various sectors such as retail & e-commerce, telecommunication & banking, health care, and financial services & insurances and the growing demand for real-time running analytics are driving factors for the data fabric market. The deficiency of concern among customers

Isopropyl Alcohol Market Size, Share, Trends and Future Scope by 2030

  Description According to the Market Statsville Group (MSG), the  Global  Isopropyl Alcohol Market   size is expected to grow from  USD 2.5 billion in 2021  to  USD 5.7 billion by 2030  at a CAGR of 8 . 1 %  from 2022 to 2030 .  Isopropyl  alcohol has the chemical formula C3H7OH and is an organic chemical compound. It is a colorless, flammable, volatile liquid compound with a bitter taste and strong odor. Isopropyl alcohol is insoluble in salt solutions despite being miscible with water, a few alcohols, ether, and chloroform. It is primarily used as a solvent in essential oils, resins, alkaloids, gums, cellulose, and coatings; as a de-icing agent in liquid fuels, lacquers, and extraction processes; and as an antiseptic in anti-freeze formulations. Glycerol, shellacs, quick-drying inks, isopropyl acetate, and creosote are all made from isopropyl alcohol. Isopropyl alcohol (IPA) is a propyl alcohol isomer with antibacterial properties. It is a major component of rubbing alcohol and comm

Glass Packaging Market size is expected to grow USD 89.2 Bn by 2030

  Description According to the Market Statsville Group (MSG), the  global  glass packaging market   size is expected to grow from  USD 64.3 billion in 2021  to  USD 89.2 billion by 2030  at a  CAGR of 3.7 %  from 2022 to 2030 .  Glass is a prominent packaging material among consumers who are concerned about their health and the environment. It is made from all-natural, eco-sustainable raw materials. Moreover, it preserves the taste or flavor of the product as well as the integrity or healthiness of food and beverages. Universally, glass packaging is considered one of the most reliable packaging in terms of taste, health, and environmental safety. This can ensure its continued use worldwide, across a wide range of end user industries, despite the heavy competition from plastic packaging. Glass packaging is rising in various categories due to the rising consumer demand for safer and healthier packaging. In addition, new technologies for embossing, shaping, and adding artistic finishes to

Sports Analytics Market Rising Demand and Future Scope till by 2030

  Description According to the Market Statsville Group (MSG), the  global  sports analytics market  size is expected to grow from  USD 1,061.8 million in 2021  to  USD 5,816.5 million by 2030 , at a  CAGR of 20.8 %  from 2022 to 2030 .  Sports analytics tools include tools for measuring player fitness and team performance, competitive analysis, social media analysis, and business analysis, among other important roles. It has resulted in the creation of complex mechanisms for crunching statistics to forecast the outcome of a future athletic event based on past outcomes, win-loss records, and opponent history. In response to the increased requirement for monitoring and tracking data from athletes, the number of wearable devices in the sports business is expanding. As a result, a vast quantity of data about the players and the team is collected, which is used to gain insights into player performance and fitness characteristics such as pulse, speed, and acceleration. COVID - 19 Impact on t

Managed MPLS Market Rising Demand and Future Scope till by 2030

  Description According to the Market Statsville Group (MSG), the  global  Managed MPLS market  size is expected to grow from  USD 55.6 million in 2021  to  USD 97.9 million by 2030 , at a  CAGR of 6.4 %  from 2022 to 2030 .  MPLS connections are private networks that operate independently of the internet and connect data centers and branches. They offer high levels of reliability and performance by allowing traffic prioritization via the class of service (CoS) feature. Service providers typically outsource and manage MPLS to ensure network performance, quality, and availability. However, as the MPLS is effectively a private network with a stable and secure networking solution, it is costly. MPLS VPNs are the most common types of WAN services used by businesses that need to connect to their globally dispersed operations. Global Managed MPLS Market Definition MPLS connections are private networks that operate independently of the internet. They offer high levels of reliability and perfo

Ayurveda Hospitals Market Size, Trends, Scope and Growth to 2030

  Description According to the Market Statsville Group (MSG), the  global  ayurveda hospitals market   is estimated to grow at a  CAGR of 14.2 %  from 2022 to 2030 .  Ayurveda focuses on the science of life and uses those principles to cure the ailment and improve the quality of life of people or patients. The growing demand for the ayurvedic treatment as it is more reliable and has zero side effects. Such factors resulted in the increasing construction of ayurveda hospitals globally. Ayurveda not only cures the ailment but also contributes to a healthy and positive mind, which increases an individual’s productivity. Further, the growing government initiatives for the development of Ayurveda centers, surging naturopathy medical tourism, and rising awareness regarding the benefits of the Ayurveda medicines are factors accelerating the market's growth in forthcoming years. In addition, in June 2021, Bolo Indya, an India-based social live streaming platform, collaborated with the Mini

Nail Glue Market is estimated to grow at a CAGR of 7.5% by 2030

  Description According to the Market Statsville Group (MSG), the  global  nail glue market   is estimated to grow at a  CAGR of 7.5 %  from 2022 to 2030 . The growing trend of nail art and false nails will drive the demand for effective and rel iable nail glue to stick false nails, accessories on nails, and others. The emerging fashion and entertainment industry will create lucrative opportunities for the market’s growth in forthcoming years across the globe. However, the use of double-sided tape or fashion tape may hamper the market growth. COVID - 19 Impact on the Global Nail Glue Market COVID-19 had a significant impact on the market’s growth, due to the disrupted supply chains, closure of retail channels, and global lockdown, the raw material prices were also increased. However, social media influencers' count increased during COVID-19, so in order to enhance their reel image, female influencers adopted false nails, nail glue to stick false nails, and others. The e-commerce pl

LED Emergency Driver Market is projected to grow at a CAGR of 6.3% by 2030

  Description According to the Market Statsville Group (MSG), the global  LED Emergency Driver Market  is projected to grow at a  CAGR of 6.3%  from 2022 to 2030. The LED drivers are designed for indoor and outdoor egress, damp, cold temperatures, step lights, downlights, and Class 2 installations. It provides both AC and emergency operations. It ensures that the lighting is provided consistently and automatically for a sufficient amount of time during a power outage or certain emergencies that enable the people trapped in such blackout situations to evacuate safely. Emergency LED drivers allow LED fixtures to serve as emergency lighting. The exponential demand for energy-efficient lighting systems from residential, commercial, and industrial sectors is driving the growth of low-power consumption bulbs in the emergency lighting system. COVID - 19 Impact on the Global LED Emergency Driver Market The COVID-19 pandemic has affected every industry globally in 2020. As a result of this pand

Wireless Testing Market Company Challenges and Essential Success Factors

  Description According to the Market Statsville Group (MSG), the  global  wireless testing market  size is expected to grow from  USD 10.5 billion in 2021  to  USD 19.1 billion by 2030 , at a  CAGR of 6.9 %  from 2022 to 2030 .  The wireless communications market has grown significantly with devices required to undergo with effective wireless testing to ensure they perform correctly and are safe, reliable, and secure. The increased integration of wireless technologies is enabling connectivity services in all kinds of devices and applications, such as smartphones, wearables, smart cities, connected cars, smart homes, smart grids, and eHealth. Also, wireless testing solutions like UE testing, chipset testing, and wireless security testing focus on the latest technologies' performance and quality of experience. There are pre-silicon verification and post-silicon verification that help improve the quality and performance of the devices, which use wireless protocols like Bluetooth, Zig