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Latest Press Releases
Asia-Pacific Media & Entertainment Market Soars to $1,380 Billion in 2025
Published: Jan 2026
Asia-Pacific media and entertainment market was valued at $1,380.0 billion in 2025 and is growing at a CAGR of 9.3% during the forecast period (2026-2035). The Asia?Pacific media and entertainment landscape is undergoing a profound transformation as digital consumption reshapes how audiences engage with content and advertising across the region. Streaming services, social video platforms, and connected TV are increasingly central to the industry’s growth, with online video and user?generated content emerging as key revenue drivers while traditional TV faces structural decline.?Streaming and social video formats are expected to add significant new revenues in the coming years, reflecting both changing consumer habits and technological adoption.?Advertising continues to pivot toward digital formats, expanding its share of industry monetization amid rising internet and mobile penetration.?Across markets such as China, India, Japan, and Southeast Asia, this digital shift is supported by broader connectivity improvements and tech?enabled content personalization.?As platforms deploy AI tools for localization, production, and recommendation, competition intensifies between global giants and strong regional players.
US Automotive Heat Shield Market Reaches $2.9 Billion in 2025, Set for Steady Growth
Published: Jan 2026
US automotive heat shield market was valued at $2.9 billion in 2025 and is growing at a CAGR of 5.1% during the forecast period (2026-2035). The US automotive heat shield market is evolving rapidly as manufacturers respond to stricter fuel efficiency standards, emission regulations, and the growing shift toward electrification. Heat shields play a crucial role in protecting powertrain components, batteries, and electronic systems from excessive heat while enhancing overall vehicle safety and performance. With the rising adoption of electric and hybrid vehicles, demand is expanding beyond traditional exhaust and engine applications to include thermal management for batteries and inverters.
US Artificial Tear Market Reaches $577.5 Million in 2025 with 5.1% CAGR
Published: Jan 2026
US artificial tear market was valued at $577.5 million in 2025 and is projected to reach $944.1 million by 2035, growing at a CAGR of 5.1% during the forecast period (2026–2035). Artificial tears are widely used to manage dry eye disease (DED) and ocular surface disorders by lubricating the eyes, stabilizing the tear film, and relieving irritation caused by environmental stress, prolonged screen exposure, contact lens use, aging, and post-surgical conditions. The market includes preservative-free and preserved formulations, gels, ointments, lipid-based drops, and advanced polymer-based solutions tailored for mild to severe dry eye. This market is experiencing steady growth across the United States, driven by the high prevalence of dry eye disease, increasing screen time and digital eye strain, an aging population, and growing awareness of preventive eye care. 
Crowdsourced Testing Market to Reach $4,357.29 Million by 2035, Driven by Government-Led Digital Transformation
Published: Jan 2026
Global crowdsourced testing market was valued at $1,875 million in 2025 and is projected to reach $4,357.29 million by 2035, growing at a CAGR of 8.9% during the forecast period (2026-2035). Government-led digital transformation initiatives are structurally increasing the volume, complexity, and criticality of web and mobile applications, directly supporting demand for scalable testing models such as crowdsourced testing. Public services shift toward always-on, cloud-based digital platforms, and applications are expected to perform consistently across diverse devices, operating systems, network conditions, languages, and user demographics. This broadens quality assurance requirements beyond traditional lab-based testing setups and limited in-house QA teams. Crowdsourced testing aligns closely with this requirement by enabling real-world validation of functionality, usability, localization, performance, and security at scale, making it a practical solution for organizations operating under accelerated release cycles and higher public accountability.
UK Artificial Tear Market Reaches $151.1 Million in 2025 with 5.8% CAGR
Published: Jan 2026
UK artificial tear market was valued at $151.1 million in 2025 and is projected to reach $259.8 million by 2035, growing at a CAGR of 5.8% during the forecast period (2026–2035). Artificial tears are a core component of dry eye disease (DED) management and are widely used to alleviate symptoms such as ocular dryness, irritation, burning, and visual fatigue. The market encompasses a broad range of products, including preservative-free formulations, hyaluronic acid–based drops, lipid-enhanced emulsions, gels, and ointments, designed for varying severities of ocular surface disorders. Growth is being driven by the rising prevalence of dry eye linked to aging demographics, extensive digital device usage, increased contact lens wear, and heightened patient awareness of eye health.
Cell Counting Market to Reach $3,196.0 Million Driven by AI-Enabled Automation and Precision Analytics
Published: Jan 2026
Cell counting market was valued at $1,760.0 million in 2025 and is projected to reach $3,196.0 million by 2035, growing at a CAGR of 6.2% during the forecast period (2026-2035). Artificial intelligence (AI) and machine learning (ML) are rapidly transforming the cell counting landscape by enabling automated cell counters to perform more accurately and intelligently. Modern AI?enhanced instruments use deep learning algorithms to analyze cell images, and even recognize subtle morphological differences that traditional methods often miss. By automating image interpretation and reducing manual steps, these systems minimize user variability and bias, streamline workflows, and enhance reproducibility. They can identify and classify complex cell patterns such as overlapping cells or debris with much greater reliability than manual counting techniques. Overall, AI?integrated cell counters not only improve precision and efficiency but also expand the analytical capabilities of laboratories in research, clinical, and bioprocessing settings. The rapid integration of artificial intelligence into diagnostic technologies is a major development within life sciences and clinical testing. In October 2024, GE HealthCare announced the launch of a new AI Innovation Lab to accelerate early-stage AI development across the company. The initiative supports GE HealthCare’s broader AI and digital strategy focused on embedding AI into medical devices and clinical decision-support applications. Backed by significant cloud infrastructure investments, the lab aims to scale AI innovations to improve care outcomes and operational efficiency across healthcare systems.
Botanical Drug Market to Reach $46.0 Billion by 2035, Supported by Regulatory Recognition
Published: Jan 2026
Global botanical drug market was valued at $23.2 billion in 2025 and is expected to reach $46.0 billion by 2035, registering a CAGR of 7.1% over the forecast period (2026-2035). The market continues to expand as regulatory frameworks and public health agencies increasingly recognize the role of plant-based therapies in addressing chronic and lifestyle diseases. Treatments derived from plants, algae, and fungi are subject to formal drug evaluation processes in major markets. For instance, the US Food and Drug Administration defines a botanical drug product as a therapy intended for diagnosing, treating, preventing, or mitigating disease that consists of vegetable materials, including plant parts, algae, or macroscopic fungi, and issues specific guidance to support development and quality standards.
Automotive Wheels Aftermarket Market to Reach $11,298.5 Million by 2035, Driven by Aging Vehicle Fleet
Published: Jan 2026
Global automotive wheels aftermarket market was valued at $8,250 million in 2025 and is expected to reach $11,298.5 million by 2035, expanding at a CAGR of 3.2% over the forecast period 2026–2035. The rising average age of vehicles and the continued expansion of the global vehicle parc are key structural factors supporting sustained growth in the automotive wheels aftermarket. Vehicles remain in operation for extended periods, wheels are increasingly exposed to wear, corrosion, impact damage, and cosmetic deterioration, leading to recurring demand for replacement and refurbishment across passenger cars, light commercial vehicles, and heavy commercial vehicles.
Global Automotive Sensors Market Projected at $37.2 Billion in 2024, Growing at 8.1% CAGR
Published: Jan 2026
Global automotive sensors market was valued at $37.2 billion in 2024 and is growing at a CAGR of 8.1% during the forecast period (2026-2035). The market growth is driven by the rise of electric vehicles (EVs), autonomous driving (ADAS), stricter safety/emission regulations, and connectivity, all demanding more precise data for performance, safety, and efficiency. Key factors include increasing adoption of advanced features like LiDAR/radar, miniaturization, IoT/AI integration, and a shift towards more sustainable sensor tech, with growth opportunities in powertrain management and autonomous systems despite high development costs.
Global Agrochemicals Market Projected to Reach $258.2 Billion in 2025 with Steady Growth at 3.0% CAGR
Published: Jan 2026
Global agrochemicals market was valued at $258.2 billion in 2025 and is growing at a CAGR of 3.0% during the forecast period (2026-2035). The market growth is driven by rising food demand from a growing population, shrinking arable land, and the need for increased crop yields and protection against pests/diseases, with fertilizers and pesticides dominating, and Asia-Pacific as a key region, while facing pressure for sustainable solutions. Its key drivers include population growth, urbanization, impacts of climate change, and technological advancements, pushing demand for both traditional and bio-based crop inputs.