Rising Popularity of Video Games to Spur the Market Growth
Published: May 2023
The global esports market is anticipated to grow at a CAGR of 18.6% during the forecast period. The increasing popularity of online video games across the globe is one of the major factors boosting the growth of the market. The popularity of video games has expanded beyond traditional gamers, attracting a broader audience that includes casual gamers, spectators, and even non-gamers. This diverse audience base has led to increased viewership and participation in esports events, boosting the market growth.
The Growing Demand for butter, a Diet High in Health-Promoting Components
Published: May 2023
The global butter market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2023–2030). Butter is a dairy product that is very popular among consumers. Technological progress has led to a multitude of butter types available on the market, varying in texture and flavor. Butter is the oldest animal fat known to man and occupies an important place among the fat products on the market. Butter is a product with high nutritional value and health-promoting properties, as well as great flavor and aroma values.
Government Regulations and Industry Standards for Public Safety Drives the Global Voice Evacuation System Market
Published: May 2023
The global voice evacuation system market is anticipated to grow at a considerable CAGR of 16.0% during the forecast period. The voice evacuation system allows safe and controlled building evacuation to be managed in the case of an emergency. Emergencies can be natural or manmade and include Floods, Hurricanes, Tornadoes, Fires, Toxic gas releases, chemical spills, radiological accidents, explosions, Civil disturbances, and Others. In the occurrence of such events, clear voice messages can be initiated from the system to aid in building evacuation.
The Growing Demand for Sugar-Free Cookies by Health-Conscious Consumers
Published: May 2023
The global sugar-free cookies market is anticipated to grow at a considerable CAGR of 6.2% during the forecast period (2023–2030). The growth of the market is mainly attributed to the increased demand for sugar-free baked goods, such as cookies prepared with sunflower seeds and raisins by health-conscious consumers. Such cookies are suitable for diabetics, as they offer the substitution of sugar alternatives for sweet products. Cookies have grown in popularity among consumers due to their ease of availability, low cost, variety of flavours, and light texture.
Digital Technologies Enhancing Oil and Gas Data Management
Published: May 2023
The global oil and gas data management market is anticipated to grow at a considerable CAGR of 17.0% during the forecast period. Digital technologies such as cloud computing, analytics, artificial intelligence, and block chain-based data exchange enhance the capacity of oil and gas data management. They allow for more efficient sharing and analysis of data, leading to better insights and decision-making. For instance, in February 2020, Eni, an Italian multinational oil and gas company, unveiled its new supercomputing system called HPC5.
Growing Demand for Technological Achievements and Innovations in Music Production Software
Published: May 2023
The global music production software market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period (2023–2030). Growing demand for Artificial Intelligence (AI) powered music production software is the key factor supporting the growth of the market globally. AI is already beginning to play a role in the music industry, and this trend is expected to continue in the future years. AI-powered software programmes can assist musicians in creating and producing music more efficiently and precisely by analysing patterns and styles and recommending compositions and arrangements based on that data.
Growing Use of Technologies in the Waste-to-Energy Technologies Market to Increase the Demand for the Market
Published: May 2023
The global waste-to-energy technologies market is anticipated to grow at a CAGR of 5.8% during the forecast period (2023-2030). The growth of the market is attributed to the growing advanced technologies in waste-to-energy conversion methods, increasing demand for sustainable waste management solutions, favourable government initiatives, and the rising focus on renewable energy generation. Waste-to-energy technologies provides an applicable solution in transforming waste into useable energy, minimising waste in landfills, and minimising environmental pollution.
The growing Demand for skilled workforce across Industries Drive the growth of Recruitment Process Outsourcing (RPO)
Published: May 2023
The global recruitment process outsourcing (RPO) market is anticipated to grow at a considerable CAGR of 17.3% during the forecast period. The growing need to hire a skilled workforce and retention of talent across various industries is anticipated to propel the demand for the recruitment process outsourcing market. For instance, according to the Bureau of Labor statistics, US, total nonfarm payroll employment increased by 253,000 in April 2023, compared with the average monthly gain of 290,000 over the prior 6 months.
Growing Demand for Customer Service and Technology Advancement in Customer Care BPO Market
Published: May 2023
The global customer care business process outsourcing (BPO) market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period (2023–2030). The growth of the market is attributed to increased demand for technology and innovations in business process outsourcing (BPO), specialising in customer care, technical assistance, and back-office support services. The globe has firmly established itself as a top choice for companies globally due to its professional workforce, good mastery of the English language, and competitive cost benefits.
The Growing Demand for Brown Rice, a Diet High in Health-Promoting Components
Published: May 2023
The global brown rise market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2023–2030. Brown rice contains relatively higher amounts of dietary fibre, moderate amount of proteins, unsaturated lipids, micronutrients and several bioactive compounds. Some landraces consumed as brown rice have low glycemic index properties; hence they might be helpful to counter the growing type 2 diabetes. About 8.5 million tons of brown rice are