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  The global in-vehicle payment services market size is expected to reach USD 11.03 billion by 2027 , registering a CAGR of 19.9% from 2020 to 2027 , according to a new report by Grand View Research, Inc. The increasing spending on convenience related to vehicles, rising disposable incomes, and the adoption of contactless payments are the key factors driving growth. Growing technological advancements and the adoption of mobile contactless payments are anticipated to further fuel the growth. In-vehicle payment services are gaining adoption owing to the ease and convenience offered by various modes of payment services to the drivers and passengers. Automakers such as BMW, Mercedes, Ford, Honda, General Motors, and Jaguar Land Rover, have established services and solutions integrated into their vehicle models. With the increasing penetration of connected cars and advanced infotainment, the in-vehicle payment services are expected to flourish in the coming years. Currently, vehicle user

  The global contract cleaning services market size is expected to reach USD 468.2 billion by 2027 , registering a CAGR of 6.1% from 2020 to 2027 , according to a new report by Grand View Research, Inc. The increasing awareness about hygiene and safety at the workplace has encouraged business organizations worldwide to hire third-party cleaning service providers. Additionally, to ensure good health of the employees and consequently uplift their productivity, companies worldwide are increasingly availing green cleaning services from providers that use non-toxic and non-hazardous products for cleaning the premise. Thus, the growing inclination towards green products is further anticipated to boost the demand for cleaning services over the forecast period. Technological advancements have led to the development of smart devices such as automatic floor cleaners that rely on Artificial Intelligence (AI), Internet of Things (IoT), and robotic capabilities. These devices, which are mostly p

  The global energy ESO market size is estimated to reach USD 766.43 billion by 2027, registering an estimated CAGR of 18.8% from 2020 to 2027 , according to a new report by Grand View Research, Inc. The increasing investment in renewable energy resources to reduce energy-related Carbon Dioxide (CO2) emission is the primary factor fueling market growth. Energy producing industries are shifting toward renewable and nuclear resources. For instance, according to the International Energy Agency, in 2020, energy-related emissions reduced after two years of continuous growth in 2017 and 2018 owing to greater awareness about energy conservation and global warming. Technological advancements are expected to support the market growth in the forthcoming years due to the increasing need for automated, real-time reporting, and analysis of key performance indicators associated with energy plant operations and equipment maintenance. These advancements are further expected to offer advanced capab

  The global military aerospace and defense lifecycle management market size is anticipated to reach USD 14.2 billion by 2027 , registering a CAGR of 8.4% from 2020 to 2027 , according to a new report by Grand View Research, Inc. The growing demand for Product Lifecycle Management (PLM) software solutions from the defense equipment manufacturers and suppliers is expected to drive the market growth. PLM software solutions help the defense equipment manufacturers and suppliers in every facet of the process, right from the initial concept to development and testing processes, and efficient manufacturing. Manufacturers of military aerospace and defense (A&D) equipment often have to deal with several complex components. PLM software solutions can potentially enable all these manufacturers with the capabilities that can be implemented with complex systems and facilities and help them in reducing energy consumption. The product lifecycle management software solutions can also aid in ca

  The global electric truck market size is expected to reach USD 14.19 billion by 2027 , according to a new report by Grand View Research, Inc. The market is projected to register a C AGR of 43.3% from 2020 to 2027. Stringent emission regulations, coupled with declining battery costs and lower maintenance costs of electric trucks, are expected to drive the market growth. Electric trucks are an alternative to traditional trucks and are powered by an electric motor instead of an internal combustion engine. The electric trucks are classified into battery-electric and hybrid trucks. Increasing the adoption of electric trucks in transportation and logistics and municipal sectors to reduce greenhouse gas emissions will fuel the market growth over the forecast period. With the growing environmental concerns, environmental and government agencies are imposing stringent emission laws and norms that may force commercial vehicle manufacturers to invest in developing electric trucks. National