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  The global data protection as a service market size is expected to reach USD 103.8 billion by 2027 , according to the new study conducted by Grand View Research, Inc. The market is projected to register a CAGR of 31.3% from 2020 to 2027 . The digital disruption has increased the influx of data even though organizations have limited ability to protect, retain, store, and govern them. Thus, implementing a unified approach for data protection is a strategic success to the organizations' digital transformation. Business or IT continuity and digital transformation are often considered as the primary investment factor for companies worldwide. Implementing such a strategic process increases the risk of growing cyber threats, stringency in compliance regulations, and IT consumption workloads. Thus, the need for data protection services among enterprises is growing. Businesses are increasingly adopting cloud-based data protection and recovery services and solutions to manage data prote...

  The global atherectomy devices market size was valued at USD 557.7 million in 2018 and is projected to grow with a CAGR of 7.0% over the forecast period. The rising prevalence of target diseases is the key driver of the market. More than 250 million people worldwide suffer from peripheral artery disease (PAD), with high prevalence in the geriatric population. The prevalence of PAD increased by 24% between 2000 to 2010 and continues to grow at an exponential rate. Both high- and low-income countries have this prevalence. Low-income countries witnessed a growth of 29%, while high-income countries witnessed a growth of 13% in the last decade. With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital tr...

  The global entrance matting market size is expected to reach USD 7.2 billion by 2025 , according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.1% over the forecast period. Growing popularity of new and innovative flooring solutions such as marble, wooden, laminate, and parquet flooring has boosted the utilization of the floor mats to protect them from scratches and damages, thereby fueling the market growth. Moreover, continuous expansion of the commercial sector such as hospitality, hospitals, fitness centers, institutions, and shopping malls is expected to ramp up the market penetration in the next few years. Home furnishing is a trending activity among the consumers, wherein door entrance mats are gaining significant traction. Consumers are preferring layered mattings for better functionality and pleasing appeal. Growing popularity of walk-off entrance mats in the residential and commercial sectors has been driving the global market in the recent y...

  The global energy storage systems market demand is expected to reach 356,071.3 MW by 2027 , expanding at a CAGR of 7.9% from 2020 to 2027 , according to a new report by Grand View Research, Inc. Growing demand for uninterrupted power supply from the end-use sectors, along with favorable government policies regarding the usage of energy-efficient systems, is likely to drive the market over the forecast period. The market is primarily driven by rising demand for energy storage systems across several end-use sectors, including the industrial, commercial, and residential segments. In addition, the integration of battery energy storage systems with renewable power sources is expected to enhance the grid reliability and result in electricity bill savings during peak demand hours. This trend is anticipated to positively influence industry growth. Energy storage system service providers and equipment manufacturers are adopting several strategies, such as new product development, joi...

  The global geosynthetics market size is expected to reach USD 21.4 billion by 2028 , according to a new report by Grand View Research Inc., expanding at a CAGR of 6.0% from 2020 to 2028 . Rapidly rising penetration of geosynthetics in the development of civil transportation infrastructure for heavy traffic is likely to fuel the market growth over the forecast period. The COVID-19 pandemic outbreak across the globe has forced several governments to impose lockdown regulations in their respective economies. The aforementioned situation has boosted the construction of civil transportation infrastructure due to low traffic, thereby positively influencing the market growth. Geosynthetic products are witnessing rising usage in mining operations as the mining companies are focusing on its economic and technical advantages. Moreover, heap leaching has emerged as a key technic for the extraction of valuable material from the ore, thereby driving the demand for the products owing to t...

  The global autonomous ships market size is expected to reach USD 13.4 billion by 2025 , registering a CAGR of 13.5% over the forecast period, according to a new study conducted by Grand View Research, Inc. Autonomous ships use several systems and components including sensors, propulsion systems, and intelligent navigation systems involving the use to Artificial Intelligence (AI) and Internet of Things (IoT). Use of such systems reduces the operational cost of ships, which is one of the key factors driving the market growth. Autonomous ships offer several direct and indirect benefits. Direct benefits can be listed at the level of vessel that include more efficient use of crew and their skills, more efficient use of ship space, and increased fuel efficiency. Shipping companies would witness a positive effect in terms of revenue with autonomous applications as a result of reduction in cost of employing sailors along with the increased cargo space on the vessel. Moreover, autonom...

  The Europe blood screening market size is expected to reach USD 1.17 billion by 2025 according to a new report by Grand View Research, Inc. The market is expected to record a CAGR of 7.7% during the forecast period. Increasing number of blood transfusion processes performed along with stringent regulations in Europe mandating screening tests, such as NAT for testing HIV, HBV, and HCV, is contributing to the market growth. Moreover, growth in the overall number of complex surgeries that require a large amount of blood and blood products along with rising cases of road accidents is expected to drive the market further. Additionally, import of products through contract agreements and development in the product technology by manufacturers of blood screening reagents and instruments are contributing to market expansion in the region. For example, DiaSystem Scandinavia AB signed a distribution agreement with SNIBE, an Asian immunology test producer that focuses on immunoassay an...

  The global ventilation fan market size is expected to reach USD 3.85 billion by 2025 , registering a 7.7% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Rising demand from residential, commercial, and industrial buildings is anticipated to drive the growth. Increasing installation in bathrooms, kitchens, dryer rooms, garages, and attics of residences is expected to drive the product demand. Covid 19's rapid development worldwide has led to serious implications for most suppliers of electronics and electrical products, in the form of supply chain disruptions. While the pandemic crisis has decreased the frequency of purchase of consumer appliances, the lead time for delivery of orders has also increased significantly. Limited availability of components, restricted labor supply, and other supply chain related costs are some of the major challenges that most industry players are focusing on at present. The end of the lockdown is expected t...