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Showing posts from May, 2023

Real-Time Payments Market Size Is Poised To Reach $193.08 Billion By 2030: Grand View Research Inc.

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  The global real-time payments market size is expected to reach USD 193.08 billion by 2030 , growing at a CAGR of 35.5% from 2023 to 2030 , according to a new report by Grand View Research, Inc. The market growth can be attributed to the increasing digitization in the fintech sector and growing volumes of non-cash transactions. In addition, the increasing popularity of open API-enabled real-time payment systems in banks is also expected to contribute to market growth. For instance, as per a survey conducted by Finastra, a fintech firm, in 2020, 86% of global banks surveyed were planning to adopt open APIs to enable open banking capabilities by next year. Numerous fintech companies are making efforts to develop innovative solutions to ensure better security while making payments using bank cards and smartphones. Fintech companies are also striking partnerships with payment technology companies to improve their digital offerings and effectively meet the changing consumer demands. Fo

In-app Advertising Market Projected To Exhibit Robust CAGR of 13.2% For The Forecast Period From 2023 To 2030: Grand View Research Inc.

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The global in-app advertising market size is anticipated to reach USD 410.4 billion by 2030 , exhibiting a CAGR of 13.2% over the forecast period, according to a new report published by Grand View Research, Inc. The increasing adoption of smartphones and rising user preference for mobile apps for gaming, online shopping, and other activities is offering enormous growth opportunities for the global in-app advertising industry. The increasing popularity of e-commerce and gaming applications is driving the growth of the in-app advertising market. Incorporating in-app advertising campaigns enables advertisers to build effective revenue-generation strategies by displaying advertisements on mobile applications. According to research, smartphone users spend more than 90% of their time on various applications, making it an ideal choice for marketers for advertising. In-app advertisements help marketers generate more user engagement than mobile web advertising. Incorporating video, banne

Contract Cleaning Services Market is Predicted to Observe a Tremendous Growth, With a CAGR of 6.3% From 2023 To 2030: Grand View Research Inc.

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  The global contract cleaning services market size is expected to reach USD 555.44 billion by 2030 , registering a CAGR of 6.3% from 2023 to 2030 , according to a new report by Grand View Research, Inc. Growing awareness regarding hygiene and safety at workplaces has stimulated business organizations worldwide to hire third-party cleaning service providers. Additionally, to ensure the good health of the employees and consequently raise their productivity, companies globally are increasingly availing green contract cleaning services from providers that use non-hazardous and non-toxic products for cleaning the premise. Thus, a growing preference for green products is further anticipated to increase the demand for these services over the forecast period. Technological advancements have created smart devices that rely on Artificial Intelligence (AI), the Internet of Things (IoT), and robotic capabilities, such as autonomous floor cleaners. These gadgets, which homeowners typically u

Expanded Polystyrene Market 2030 Growing Worldwide By Best Key players- Atlas Roofing Corp.; Alpek S.A.B. de C.V., BASF SE; Kaneka Corp.; SIBUR Holding PJSC; BEWI; SUNPOR; Synthos; TotalEnergies; Flint Hills Resources; NOVA Chemicals Corporate; StyroChem; Ravago Manufacturing; UNIPOL; Versalis S.p.A.; SABIC; Sundolitt Ltd.

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  The global expanded polystyrene market size is expected to reach USD 19.68 billion by 2030 , according to a new report by Grand View Research, Inc. The industry is expected to expand at a CAGR of 8.59% from 2023 to 2030 . Due to the rising application potential of the expanded polystyrene market (EPS) across a range of sectors, it is projected that the market for EPP will witness immense growth. Expanded polystyrene demand is anticipated to increase as reusable, chemically stable, lightweight materials are used more frequently in furniture, packaging, and automotive parts.Properties, such as excellent shock absorption, impact resistance, and low weight, have led to an increase in the usage of EPS in the automotive industry. The use of EPS in several automotive applications, such as foot pads, headrests & seats, storage compartments, and bumper systems, is expected to positively impact its demand in the automotive industry. Moreover, the increasing use of EPS in applications,

Therapeutic Bed Market Projected To Exhibit Robust CAGR of 5.01% For The Forecast Period From 2022 To 2030: Grand View Research Inc.

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  The global therapeutic bed market size is anticipated to reach USD 6.51 billion by 2030 , registering a CAGR of 5.01% during the forecast period, according to a new report by Grand View Research, Inc. The increasing prevalence of chronic disorders, such as cancer, heart disorders, neurological disorders, kidney disorders, and others, and the growing geriatric population are the key driving factors for the market. According to the WHO, in 2020, the chronic illness prevalence increased by 57%, which is anticipated to spur market growth in the near future. The COVID-19 outbreak in 2020 increased the demand for therapeutic beds significantly. The pandemic has boosted the demand for emergency supplies, medicines, and medical equipment, such as ventilators, and hospital beds, as a result of increased hospital admissions. In addition, firms are also adopting several strategies, such as collaborations and new product launches, to help healthcare workers. For instance, in August 2020, Pr

Hybrid Fiber Optic Connectors Market Expected To Fuel Industry Growth With $1,400.3 Million By 2030: Grand View Research Inc.

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  The global hybrid fiber optic connectors market size is expected to reach USD 1,400.3 million by 2030 , according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 6.8% from 2023 to 2030 . The growing demand for a safer, spark-free medium for implementation in hazardous areas such as aircraft fuel cells and other applications that contain volatile gases is driving the need for hybrid fiber optic connectors. These connectors are primarily deployed in extreme environmental conditions and settings as they possess features such as resistance to dirt or dust, chemical, submersion, vibration, and humidity. The demand for high-performance fiber optic connectors is rising in order to assure adequate environmental, mechanical, and optical performance in various industries, such as military & aerospace, oil & gas, safety & security, civil engineering, railways, power & utility, and others. Hybrid fiber optic connectors save inst

CRISPR And Cas Genes Market Expected To Witness A Substantial Growth Of $9.61 Billion By 2030: Grand View Research Inc.

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  The global CRISPR and Cas genes market size is expected to reach USD 9.61 billion by 2030 , growing at a CAGR of 17.15% from 2023 to 2030 , according to a new report by Grand View Research, Inc. The use of CRISPR-Cas systems in diagnostics and the assessment of evolutionary analysis in prokaryotes has significantly increased, owing to the developments in the field of genome editing. The application of this technology enables easy and cost-efficient editing of genes. Genome editing has made a significant advancement in biomedical research, with the present trend of cutting-edge techniques paving the way for the future treatment of different genetic and non-genetic disorders. The development and implementation of more effective ways for gene targeting and the generation of gene-edited avian species have been facilitated by the availability of the CRISPR/Cas9-mediated gene and genome editing technology. According to an article published on Frontiers in February 2021, CRISPR/Cas9 has