Funding Raised by the Big Virtual Event Platforms and New Platforms Launches by Key Players Drives the Market Growth
Published: Aug 2022
The global virtual event platform market is anticipated to grow at a CAGR of around 12% during the forecast period (2022-2028). The significant rise in funding for the expansion of virtual event platforms by major players is the key factor driving the market growth. Major virtual event platforms such as Hopin, TouchCast, Samaaro, Hubilo, Virtual experience company, Brella, among others are raising funds for the market development.
Rise in Strategic Initiatives by Market Players to Drive the Growth of the Global Robotics as a Service Market
Published: Aug 2022
The global robotics as a service market is anticipated to grow at a CAGR of 14.6% during the forecast period. The companies are increasingly launching new services using robotics as a service platform to increase the capabilities of production and to continually learn and meet the changing requirement of customers. Heence, the primary factor bolstering the growth of the market includes the rise in strategic initiatives by market players.
The Integration of AI and ML in Digital Process Automation is Driving the demand for the Market
Published: Aug 2022
The global digital process automation market is anticipated to grow at a CAGR of 12.8% during the forecast period. Industries and organizations across the globe are realizing the importance of AI, automation, and ML. By automating tasks and processes with AI incorporation, industries will be able to free up and better use human capital for other challenging and creative aspects. Furthermore, the benefits associated with the deployment of AI and ML in digital process automation are pushing organizations to transform their business process and taking business decisions.
Rising Popularity of Organic-Based Dairy Ingredients Market is Expected to Accelerate the Market Growth
Published: Aug 2022
The global dairy ingredients market is anticipated to grow at a CAGR of 4.5% during the forecast period. Consumers are more concerned about the products they are intaking and are ready to pay high for certified organic products. Organic-based dairy ingredients offer more nutritional benefits than conventional ones. They are manufactured under strict regulations. Globally, the consumer interest in health and food quality issues is growing, and consumers are buying more organic food which is forcing manufacturers to introduce organic-based dairy ingredients which will accelerate the market growth.
Benefits Offered by e-Learning Platform and Innovative Technology Unveiled by Key Players, Drives the Market Growth
Published: Aug 2022
The global corporate e-learning market is anticipated to grow at a CAGR of 20.5% during the forecast period. The internet has revolutionized the way the modern workforce learns. Online training offers benefit of being more cost-effective than holding in-person training. According to the International Telecommunication Union (ITU), around 4.9 billion people or 63% of the global population are using the internet in 2021.
The Emergence of 5G Technology is Accelerating the Market Growth Globally
Published: Aug 2022
The global cloud-based smart robotics market is anticipated to grow at a CAGR of 4.9% during the forecast period. The adoption of cloud-based robotic systems requires reliable and constant connectivity to operate within the target environment. The 5G-based wireless technology offers cloud-based smart robotics to work constantly and eliminates the requirement for complex wireline connections to provide communication systems.
New Tools Deployed in the Market by Prominent Players are Driving the Global Femtech Market
Published: Aug 2022
The global femtech market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. Manufacturers operating in the technology sector such as smart wearable devices and developers of several advanced mobile applications such as Flo, Clue, and Natural Cycles and among others are integrating and analyzing their new and innovative product development and launches strategies to efficiently utilize the resources that are primarily serving women's health.
Eco-Conscious Consumer Products Brands Are Moving Towards Innovative Product Packaging As A Part Of Their Efforts To Reduce Waste And Contribute To The Environment.
Published: Aug 2022
The mushroom packaging market is anticipated to grow at a considerable CAGR of 16.6% during the forecast period (2022-2028). Nowadays consumers are increasingly moving towards innovative product packaging that is eco-friendly and natural. With mushroom packaging, the packaging is transforming into natural, biodegradable packaging, and consumers are getting aware of the benefits of these packaging, such factors are uplifting the global mushroom packaging market.
Growing Prevalence of Stress and Depression Drive the Global Mindfulness Meditation Apps Market
Published: Aug 2022
The global mindfulness meditation apps market is anticipated to grow at a considerable CAGR of 11.4% during the forecast period (2022-2028). According to World Health Organization, around 20% of the world’s children and adolescents have a mental health condition, further, there has been a 13% rise in mental health conditions and substance use disorders in the last decade (2017). According to an article published by Harward Medical School, meditation can alter reactions to stress and depression.
Several Applications of IoT in Construction Sites and Technological Advancement Unveiled by Key Players, boost the Market Growth
Published: Aug 2022
The global IoT in the construction market is anticipated to grow at a significant CAGR of 15.5% during the forecast period. The application of IoT in construction plays a proactive role in the growth of the market. By equipping site workers with wearable technologies such as connected sensors on hi-vis vests, or hard hats, it becomes easy to track workers' movement, along with providing stay on schedule for deadlines and reduced overall costs. Moreover, IoT in construction assists in determining the theft from the construction sites.