Bike and Scooter Rental Market Set to Reach $10.1 Billion by 2027

Bike and Scooter Rental Market
The global bike and scooter rental market is projected to grow from USD 2.5 billion in 2019 to reach USD 10.1 billion by 2027, at a CAGR of 18.9%. The growth of the bike and scooter rental market is influenced by the rising demand for micro mobility and shift of consumer preference toward a more economical, convenient, and flexible mode of transport. Electric propulsion is expected to be the largest...

Key Players in the Breast Biopsy Devices Market: A Competitive Analysis

The major factors driving the growth of Breast Biopsy Devices Market include the growing prevalent cases of breast cancer, the increasing number of breast cancer screening programs, the growing demand for minimally invasive and non-invasive procedures, and the improved reimbursement scenario. What the Market Looks Like? Breast Biopsy Devices Market  is projected to reach USD 2.6 billion...

Artificial Intelligence Market Size, Unveiling the Potential Scope for 2023-2030

The global Artificial Intelligence Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 36.8% during the forecast period, to reach USD 1,345.2 billion by 2030 from USD  150.2 billion in 2023, according to a new report by MarketsandMarkets™. The adoption of artificial intelligence (AI) technology has been remarkable since its introduction, leading to significant...

Top Trends in the Food & Beverage Industry

Emerging trends that are expected to have a major impact on consumer demand in the upcoming years are indicative of the extraordinary transition that the food and beverage sector is going through. The future of the food and beverage industry is being shaped by the use of cutting-edge technology like artificial intelligence (AI) and machine learning, sustainable practices, hyperlocal sourcing, and...

Global Food & Beverages Industry Outlook 2024

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According to a research report “Global Food & Beverage Industry Outlook 2024 – Navigating The Culinary Horizon of Tomorrow“ published by Marketsandmarkets, the Top 10 Food & Beverages Markets will grow from USD 164.02 billion in 2023 to USD 179.83 billion by 2024, representing a Yoy increase of 9.6%. The Food & Beverages Industry Outlook covers the plant-based protein...

Automotive Telematics Market worth $15.5 billion by 2027, at a CAGR of 12.1%

Automotive Telematics Market
The automotive telematics market is estimated to grow from USD 8.8 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 12.1% during the forecast period. The automotive telematics market is expected to grow due to growing trend of intra-vehicle connectivity solutions and implementation of government mandates and initiatives. The market growth is also boosted by the growing cellular internet...

Edge Security Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast -2027

According to a research report “Edge Security Market by Component (Solutions (CASB, SD-WAN, SASE) and Services), Organization Size (Large Enterprises, SMEs), Deployment Mode, Vertical (BFSI, Government & Defense, and IT & Telecom) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the edge security market size is expected to grow from USD 19.2 billion...

Label-free Detection Market worth $863 million by 2028, growing at a CAGR of 8.7%

The growth of Label-free Detection Market is driven by rising prevalence of target diseases and disorders, the availability of funding for life science research and development, effectiveness of label-free technology in drug discovery. Additionally, the technological advancement in label-free detection leading to expanded applications and adoption of label-free detection products. The report Label-free...

Spray Drying Equipment Industry Forecast, Business Outlook 

Spray drying is a technique used in various industries to convert liquid or slurry feed into a dried powder form. This process is widely employed in the food and beverage, pharmaceutical, chemical, and other industries. The market for spray drying equipment is driven by the growing demand for processed and convenience foods, as well as the need for efficient drying solutions in pharmaceutical and...

Compound Feed Market Size, Industry Share Forecast Report

The compound feed market is experiencing dynamic growth, with key factors and trends influencing its landscape in 2023. As a crucial element in livestock and poultry nutrition, compound feed plays a vital role in meeting the increasing demand for animal-derived products. Several factors, including ingredient composition, livestock preferences, feed forms, and regional dynamics, contribute to the market’s...