Saudi Arabia to become largest shale gas producer outside of the US
Published: May 2023
The global shale oil market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period. Surging investments from the private and public sectors focusing on establishing the footprints in shale oil market along, with the growth in demand for fuel & electricity support the growth of the market. For instance, in May 2023, Saudi Aramco has awarded $10 billion to its Jafurah project. With this investment the Jafurah gas field will place the Kingdom third in the world in natural gas production by 2030. Such developments are anticipated to drive the global shale oil market.
Advancement in Consumer Identity & Access Management (IAM) Solutions to Spur the Global Consumer Identity & Access Management (IAM) Market
Published: May 2023
The global Consumer Identity & Access Management (IAM) market is anticipated to grow at a considerable CAGR of 18.4% during the forecast period. The advancement in the consumer IAM is anticipated to promote the growth of the global consumer IAM market. For instance, in August 2022, TypingDNA integrated behavioral biometrics with WSO2 IAM for customer, employee authentication.
Advancements in Heat Treatment Solutions and Low-emission Requirements
Published: May 2023
The global automotive heat treatment market is anticipated to grow at a considerable CAGR of 3.4% during the forecast period (2023-2030). Heat treatment plays a critical role in enhancing the properties of lightweight materials such as aluminum, magnesium, and others, making components durable and resistant to wear and tear. The growth of the automotive heat treatment market is primarily driven by the increasing demand for safe, fuel-efficient, and low-emission vehicles that can improve overall efficiency and reduce the carbon footprint of vehicles.
Strategic Initiatives: Growing Use of Polymer Ingredients for Personal Care Market
Published: May 2023
The global polymer ingredients for personal care market is anticipated to grow at a CAGR of 4.8% during the forecast period (2023-2030). The growing use of polymers in personal care products attributed to the factors including the ability to improve product performance and stability, enhanced compatibility with a wide range of ingredients, and the versatility in formulation. Polymers are versatile and is used in a wide range of personal care products such as skincare, hair care, cosmetics, and oral hygiene.
The Rising Prevalence of Multiple Myeloma, coupled with the Funding Provided by Private Organization, Drives the Market Growth
Published: May 2023
The global multiple myeloma market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period. Myeloma is a cancer of plasma cells and majorly affects the kidney, bones, and blood cells. According to the Leukaemia & Lymphoma Society (LLS), an estimated 34,920 people living in the US is diagnosed with myeloma in 2021. The American Cancer Society estimates multiple myeloma in the US for 2023 and stated that about 35,730 new cases will be diagnosed in the US, among them 19,860 are men and 15,870 are women.
The rapid expansion of online shopping and the latest developments in the hyperlocal service market.
Published: May 2023
The global hyperlocal service market is anticipated to grow at a considerable CAGR of 19.6% during the forecast period (2023-2030). The market offering hyperlocal services is growing significantly. This market has grown as a consequence of growing online shopping demand and changing consumer preferences toward products and services. Additionally, consumer demand for faster distribution of goods has caused the development of new technologies such as robots, autonomous vehicles, and drones.
Market Players' Contribution, and Integration of Advanced Technology to Boost the Market Growth
Published: May 2023
The global electronic access control system market is anticipated to grow at a considerable CAGR of 10.0% during the forecast period. The purpose of access control is to provide quick, convenient access control for authorized persons, while at the same time, restricting access for unauthorized people. Electronic access control providers use innovations such as cellular networks, RFID technology, the Internet of Things (IoT), and artificial intelligence (AI) to introduce new ways to verify a person’s identity.
Integration of Advanced Analytics Technologies to drive Casino Management System (CMS) Market
Published: May 2023
The global CMS) market is anticipated to grow at a considerable CAGR of 17.6% during the forecast period (2023-2030). The casino management system operators have access to an enormous quantity of data on customers and their gambling habits that they can employ in order to enhance their operational procedures and performance. The CMS helps operators to utilize the information by applying statistical tools to figure out the consumer preferences.
Strategic Initiatives: Growing Demand for Cloud Along with Growing IT Industry
Published: May 2023
The global visual analytics market is anticipated to grow at a CAGR of 20.4% during the forecast period (2023-2030). Visual analytics is a type of technology that helps businesses analyze large amounts of data using pictures and graphs. This technology is becoming more and more popular in the IT industry owing to the continuously rising amount of data generation by IT businesses, globally. By using visual analytics, businesses can make better decisions based on the data they have. As the amount of data grows, it becomes more difficult to extract insights and make decisions based on raw data alone.
Strategic Initiatives: Rising Awareness of the Disability Insurance Market to Increase the Demand for the Market
Published: May 2023
The global disability insurance market is anticipated to grow at a CAGR of 11.4% during the forecast period (2023-2030). The global disability insurance market is expanding due to increased awareness of the benefits of disability insurance policies and taxes under various sections of the Income Tax Act. In India, for persons with 40% to 79% disability a tax deduction of up to $918.1 (Rs. 75,000) can be availed per year. Furthermore, persons with more than 80% disability can avail of a tax deduction of $1,530.2 (Rs. 1, 25,000) per year.