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Latest Press Releases
New Project Approvals to Promote the Global Seawater Desalination System Market
Published: May 2023
The global seawater desalination system market is anticipated to grow at a CAGR of 8.6 % during the forecast period. New project approvals regarding desalination of seawater to meet the growing demand for potable water is a key factor driving the growth of the global seawater desalination system market. 
The Growing Adoption of Problem Management Software and Cloud-Based Solutions in the US
Published: May 2023
The global problem management software is anticipated to grow at a CAGR of 14.5% during the forecast period. The US is anticipated to hold a considerable share of the global problem management software market, owing to the growing adoption of problem management software across various industries, including BFSI, retail, IT, and Telecom across the country. There exist an increasing demand among these industries to efficiently manage the lifecycle of all problems that could happen in an IT service infrastructure. The region is a pioneer in technology adoption and IT infrastructure optimization.
Market Developments to Propel the Growth of the Global Multichannel Order Management Market
Published: May 2023
The global multichannel order management market is anticipated to grow at a CAGR of 9.5% during the forecast period (2023-2030). The growing developments in the multichannel order management market is driving the growth of the market across the globe. For instance, in February 2023, Toast, the all-in-one digital platform built for restaurants introduced a new feature through which the Order with Google integration allows restaurants using Toast Online Ordering to unlock a new channel for more orders. Order with Google is fully integrated with the Toast Point of Sale (POS) and is seamless for restaurant owners and guests alike.
On Going Researches to Drive the Global Computational Fluid Dynamics Market
Published: May 2023
The global computational fluid dynamics market is anticipated to grow at a CAGR of 8.4% during the forecast period. The ongoing researches on computational fluid dynamics to find out their potential usage in complex design is a key factor driving the growth of the global market. For instance, a research work published in May 2023 shown that machine learning based on computational fluid dynamics enables geometric design optimization of the NeoVAD blades. Big data methods using a statistical approach can contribute to the optimization of computational fluid dynamics analysis by reducing total simulation time in relation to the configuration of pumps and the plants where they are installed.
Product Launches & Strategic Partnerships to Bolster the Growth of Augmented Guided Vehicle Market Globally
Published: May 2023
The global augmented guided vehicle market is anticipated to grow at a CAGR of 31.5% during the forecast period (2023-2030). New product launches along with strategic partnerships adopted by key market players among others is a key factor driving the growth of the global augmented guided vehicle market. For instance, in January 2022, Japanese automaker Toyota Motor Corp. launched its own operating system, which would be capable of handling advanced operations such as autonomous driving, for its vehicles by 2025. 
Cloud Deployment Model to Spur the Market Growth
Published: May 2023
The global sourcing software market is anticipated to grow at a CAGR of 8.2% during the forecast period. The market growth is spurring owing to its greater simplicity, improved mobility, and high scalability in comparison to on-premises. Furthermore, the cloud model also reduces implementation effort and cost along with the rapid transition to new technologies and business processes is also eliminated to an extent. Cloud computing systems are facilitating advanced sustainable developments in Supply Chain Management (SCM) applications.
Product Innovation and Adoption of Traditional Casino Games Flourishes the Market Growth
Published: May 2023
The global social casino market is anticipated to grow at a CAGR of 8.2% during the forecast period. Product innovation is a key trend in gaining popularity in the social casino market. Major players in the social casino industry are concentrating on creating new products to improve their market share. For instance, in July 2020, The Mill Adventure, a UK-based company that provides a complete gaming platform, including licenses and operations, for rapid deployment and success in iGaming, together with Casinobud, launched an innovative casino syndicate product called Casinobud.com, which is a new social casino concept and world first online syndicate betting feature for a video slot and live casino products. 
Strategic Collaborations and Product Launches by Key Players are Driving Market Growth
Published: May 2023
The global enterprise storage market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. The growth of the enterprises' data storage market is driven by several factors, including, cloud storage adoption, demand for data analytics, solid state drive( SSD) technology advancements, the emergence of new storage technologies, and the demand for secure data storage solutions. As data continues to be a valuable asset for businesses, the demand for innovative and efficient storage solutions is expected to persist in the coming years.
Growing Demand for Transparency in Business Drive the Blockchain Technology in Supply Chain Finance Market
Published: May 2023
The global blockchain in supply chain finance market is anticipated to grow at a CAGR of 42.3% during the forecast period. Supply chain finance is a type of arrangement among buyer, supplier, and lender. In a traditional supply chain, suppliers often faced challenges related to cash flow due to delayed payments from buyers, which created problems related to working capital. In order to overcome such problems and fill the gap related to transaction between suppliers and buyer, the bank uses a set of tools and techniques to finance the supplier to carry out its day today activities. 
Increasing EV Demand Drives Investment in Wiring Harnesses, Boosting Automotive Wiring Harness Market
Published: May 2023
The global automotive wiring harness market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. Automotive companies are heavily investing in the automotive wiring harness business to cater to the unique electrical demands of electric vehicles (EVs). An automotive wiring harness is a network of wires, cables, and connectors that transmit electrical signals and power throughout a vehicle. It plays a crucial role in connecting various electrical components and ensuring efficient and reliable communication between them.