Market Analysis

  According to the Market Statsville Group (MSG), the   global thin wafer market   size is expected to grow from  USD 10.6 million in 2021 to USD 28.6 million by 2030 , at a  CAGR of 12.1%  from 2022 to 2030. A thin wafer is a slice of semiconductor material when creating integrated circuits. From the normal thickness of roughly 500 m, semiconductors are now available in ultra-thin variants with a thickness of about 40 m. Suppliers that meet the rising demands of memory discs, consumer electronics, and wireless gadgets make up the thin wafer market. Thin wafers act as support to keep smartphone bundles from being too thick. Thinner wafers can also manage thermal and electronic devices more effectively, which is anticipated to have a beneficial market impact. Key elements that are attributed to driving the expansion of the thin wafer market are the widespread use of thin wafers and the growing rate of adoption of portable devices. Over the course of the projection period, increased awar

  According to the Market Statsville Group (MSG), the   global cross-border e-commerce market   size was valued at  USD 933.6 billion in 2021 , which is expected to reach  USD 4,911.4 billion by 2030 , growing at a  CAGR of 23.1 %  from 2022 to 2030. E-commerce is the electronic purchasing and selling of goods over the Internet or through online services. Cross-border e-commerce markets, such as those conducted through marketplaces like Amazon and eBay, are international online transactions between businesses and consumers (B2C), between firms (B2B), or between individuals (C2C). It means that buyers and sellers sell and buy goods through international online marketplaces that employ multiple languages and currencies rather than coming from the same nation but frequently from the same jurisdiction. Cross-border e-commerce market accomplishes paperless transactions, eliminates time and space constraints, and widens corporate development channels via cutting-edge Internet information tec

  According to the Market Statsville Group (MSG), the   Global Aluminum-Free Deodorant Market   size is expected to grow from  USD 997.5 million in 2021  to  USD 2,148.7 million by 2030  at a  CAGR of 8.9 %  from 2022 to 2030 . Aluminum-free deodorants are those which halt unpleasant smells instead of sweat. Other deodorants act on sweat glands and prevent them from sweating through the upper arms. However, aluminum-free deodorants contain antibacterial ingredients that kill odor-causing bacteria. Deodorants containing aluminum can cause severe health issues. Prolonged use of aluminum-based deodorants has been linked to breast cancer, and such deodorants can also cause itching, rashes, and other skin problems. This is why aluminum-free deodorants are becoming more popular now than ever. Both men and women can use aluminum-free deodorants. Even unisex products are available on the market. Global Aluminium-Free Deodorant Market Definition The growing demand for aluminum-free deodorants c

  According to the Market Statsville Group (MSG), the   global steam vacuum cleaners market  size was valued at  USD 2,771.6 million in 2022 , which is expected to reach  USD 3,173.5 million by 2030 , growing at a  CAGR of 8.9 %  from 2022 to 2030 . Factors such as improving hygiene standards in the commercial landscape, increasing demand from the hospitality industry, growing awareness to decrease the usage of hazardous chemicals and their presence in runoff water, and growing adoption of energy-efficient and sustainable practices are driving the market’s growth. Furthermore, the provision of ecologically sustainable services is one of the developing trends. Green cleaning is primarily concerned with using less harmful products for human health and the environment. Equipment manufacturers continually upgrade technology to satisfy industrial standards, creating several opportunities for market players. End-users in industrialized countries and a few emerging economies are focusing on a

  The  global pharmaceutical grade phycocyanin market  size is expected to grow from  USD 33.0 million in 2020  to  USD 50.5 million by 2027 , at a CAGR of 6.3% from 2021 to 2027. Phycocyanin belongs to the family of phycobiliproteins. It is a blue pigment protein that emits fluorescent, water-soluble photosynthetic accessory pigments in cyanobacteria and certain red algae. Phycocyanin can be extracted from Arthrospira platensis. Factors such as growth in the pharmaceutical industry, surging demand of phycocyanin for cancer diagnosis, and rise in demand for immune enhancement function are expected to cater to the development of the global pharmaceutical grade phycocyanin market. In addition, there has been an increase in demand for pharmaceutical-grade phycocyanin in development and utilization as a potential drug. A shift from chemical to naturally extracted products to develop drugs to treat various diseases has led to market growth due to the side effects of such chemicals. Further,

  The  global indoor location application platforms market  size is expected to grow from  USD 5.9 billion in 2020  to  USD 31.9 billion by 2027 , at a CAGR of 27.3% from 2021 to 2027. The market for indoor location application platforms is still evolving and expanding. Leaders of digital workplace infrastructure and operations must leverage location data to meet their end users' rising business analytics needs and their information security requirements. Various factors such as the growing number of applications powered by beacons and BLE labels; the ever-increasing integration of beacons in cameras, LED lightings, Point of Sale (PoS) devices, and digital signage; the proliferation of smartphones, connected devices, and location-based applications among customers; and the GPS technology's inefficiency in the indoor environment are driving the adoption of the indoor location application platforms. Vendors that provide on-premises and cloud-based application platforms that inges

  The  global smart parking market  size is expected to grow from  USD 24,329.6 million in 2020  to  USD 95,059.9 million by 2027 , at a CAGR of 25.5% from 2021 to 2027. The growth of the global smart parking market is majorly driven by increase in energy demand due to the rising population. In addition, the surge in the need for sustainable energy resources has been witnessed across the globe, coupled with favorable government regulations. These regulations focus on the reduced dependency on fossil fuels and help in controlling environmental pollution. This, in turn, favors the demand for renewable energy sources such as solar energy and is the key factor that fuels the demand for smart parking energy. In addition, reducing carbon footprint and upsurge in need for low-cost energy generation is expected to propel the growth of the smart parking market. In addition, this technology is built for solving the permanent problem associated with parking that affects the ecosystem. The technol