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Latest Press Releases
Advancement in Neural Processor Technology Driving Market Growth
Published: Jun 2024
Global neural processor market is anticipated to grow at a CAGR of 17.5% during the forecast period (2024–2031). Neural processor technology is evolving to increase performance, energy efficiency, and scalability to accelerate calculations and handle larger and more sophisticated neural network models. The novel processors incorporate innovations such as systolic array topologies for sparse neural networks and mixed-precision computing, which is predicted to increase the demand for neural processors. 
Advancement in Nanomaterial Technology across Industries
Published: Jun 2024
Nanomaterial market is anticipated to grow at a CAGR of 14.4% during the forecast period (2024–2031). The major factors contributing to the market growth include the advancement of nonmaterial technology across industries such as healthcare, electronics, automotive, and others. For instance, in September 2023, Evonik expanded its parenteral drug delivery solution portfolio with three new standard PLA-PEG di-block copolymers and a new nanoparticle formulation service utilizing sonication technology. The copolymers (RESOMER RP d) are well suited for nanoparticle synthesis and can be used in a variety of parenteral drug delivery applications, including controlled and sustained-release medication solutions. 
Increasing Applications and Advancements in Technology are Driving the Microscopy Market Growth
Published: Jun 2024
Global microscopy market is anticipated to grow at a CAGR of 5.3% during the forecast period (2024–2031). The growth of the microscopy market can be attributed to increasing applications and advancements in microscopes such as high- and super-resolution microscopes, automated and intelligent microscopes, integrated imaging systems, and multi-photon microscopy. For instance, in October 2022, Thermo Fisher Scientific announced the Glacios 2 Cryo-Transmission Electron Microscope (cryo-TEM), a powerful microscope with new automation and high-resolution imaging capabilities designed to assist cryo-electron microscopy (cryo-EM) researchers of varying experience levels in accelerating structure-based drug discovery.
Rising Influence of Artificial Intelligence (AI) and Machine Learning (ML) Technologies in Document Processing
Published: Jun 2024
Global intelligent document processing market is anticipated to grow at a CAGR of 23.7% during the forecast period (2024–2031). The market growth is attributed to the rising influence of artificial intelligence (AI) and machine learning (ML) technologies in document processing across industries. The adoption is stimulated by technological advancements in document processing, as companies have evolved from using optical character recognition (OCR) to artificial intelligence (AI) and machine learning (ML) in document processing, as it helps handle structured, semi-structured, and unstructured documents, increases data extraction capabilities, and categorizes document types. 
Increasing Demand for Optimizing Ground Operations Drive Industrial Lubricants Market Growth
Published: Jun 2024
Global industrial lubricants market is anticipated to grow at a significant CAGR of 14.3% during the forecast period (2024-2031). The market growth is attributed to the growing expansion of manufacturing operations globally and the rising demand for machinery and equipment across industries, which is linked to the growing need for efficient lubrication solutions. Industrial lubricants have wide-ranging applications in the machinery, automotive, manufacturing, power generating, construction, and marine industries, among other sectors. They are used to lessen friction, stop wear, release heat, and shield moving parts from corrosion. 
Increasing Demand for Optimizing Ground Operations Drive Ground Support Equipment Market Growth
Published: Jun 2024
Global ground support equipment market is anticipated to grow at a significant CAGR of 14.3% during the forecast period (2024-2031). The market growth is attributed to the growing demand for effective ground support equipment (GSE) is rising along with the volume of passengers. Additionally optimizing ground operations as airports work to manage more aircraft movements and quick turnaround times globally driving the growth of the market. Airports mostly use GSE to provide aircraft with services in between flights. 
Increasing Demand for Adhesives in Furniture and Buildings Globally Contributes to Market Growth
Published: Jun 2024
The global engineered wood adhesives market is anticipated to grow at a CAGR of 19.0% during the forecast period (2024-2031). The market growth is attributed to the growing preference towards engineered wood products in furniture, and buildings, like plywood, and particleboard with increased demand as these products' construction requires reliable adhesives globally. There are numerous applications for engineered wood adhesives. Wood adhesive products are used to bind wood fibers, strands, and particles to produce glued laminated timber construction materials that are robust and long-lasting. 
Increasing Demand for Efficient Fertilizer Drive Diammonium Phosphate Market Growth
Published: Jun 2024
Diammonium phosphate (DAP) market is anticipated to grow at a significant CAGR of 12.4% during the forecast period (2024-2031). The market growth is attributed to the growing demand for efficient fertilizer in agriculture, increasing use of diammonium hydrogen phosphate in fertilizers, and rising demand from brewing globally. For plant nutrition, DAP fertilizer is a great source of P and nitrogen (N). As it dissolves rapidly in soil owing to its high solubility, it releases ammonium and phosphate that are available to plants. The alkaline pH that surrounds the dissolving granule is one of DAP's remarkable characteristics. 
Innovative Applications and R&D Drive the Cyber Security Training Market Growth
Published: Jun 2024
Global cyber security training market is anticipated to grow at a CAGR of 16.8% during the forecast period (2024-2031). The global cybersecurity training market uses various applications and platforms to deliver training, assessment, and educational content. Common applications include learning management systems (LMS), virtual labs and cyber ranges, e-learning platforms, capture the flag (CTF) platforms, virtual classroom solutions, cybersecurity certification platforms, security awareness training platforms, and customized training applications.
Increasing Adoption of Artificial Intelligence (AI) and Machine Learning (ML) Technologies Across Industries
Published: Jun 2024
Global content analytics, discovery, and cognitive software market is anticipated to grow at a CAGR of 13.7% during the forecast period (2024–2031). The market growth is attributed to the adoption of artificial intelligence (AI) and machine learning (ML) technologies in various industries including administration, healthcare, pharmaceuticals, retail, and others to optimize current organizational data extraction and insights capabilities. This adoption has led to investments in the development of cognitive computing and analysis software by major players.