Global Market Insights

Global Market Insights Articles

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13th July 2023
Virtual event platform market to reach $40Bn by 2032

As per the report by Global Market Insights, the worldwide virtual event platform market was valued at $10 billion in 2022 and will surpass a revenue collection of $40 billion by 2032 with an annual growth rate of 10% over 2023 to 2032.

7th June 2023
Current sensors market production, share, industry size, demand, and sales

Global current sensor market is poised to record significant growth from 2023 to 2032 owing to the increasing use of renewable energy for electricity generation.

17th March 2023
Vehicle networking market size to surpass $3bn by 2030

As per the report by Global Market Insights “Worldwide Vehicle Networking market was valued $1 billion in 2021 and will surpass a revenue collection of $3 billion by 2030 with an annual growth rate of 9.5 % over 2022 to 2030.”

17th March 2023
LPWAN market revenue to cross $350 billion by 2032

As per a recent industry report put forward by Global Market Insights, the Low Power Wide Area Network (LPWAN) market is forecast to register its name in the billion-dollar fraternity down the line of seven years, by exceeding revenue of $350 billion by 2032 with a projected CAGR of 50% over 2023-2032.

Cyber Security
1st September 2022
Cybersecurity unicorns projected to reach a high in 2022

Global markets, including the technology sector, encountered significant declines in the first half of 2022 due to various macroeconomic challenges.

14th June 2022
Top 3 trends set to bolster automotive sensors market outlook by 2030

The automotive sensors market is set to grow from its current market value of more than USD 30 billion to over USD 55 billion, as reported in the latest study by Global Market Insights Inc.

15th March 2022
Global electronic skin market worth $16bn by 2026

Driven by growing consumer awareness about its numerous health benefits, the electronic skin market is slated to register a substantial growth momentum over the coming years.

21st February 2022
Electric bus market to surpass $53bn by 2027

The electric bus market is set to grow from its current market value of more than $28bn to over $53bn, as reported in the latest study by Global Market Insights.

17th February 2022
EV charging infrastructure market worth over $61bn by 2027

EV charging infrastructure is expected to be in high demand as a result of growing awareness about the energy-efficient of electric mobility along with favorable government policies such as fiscal incentives, tax rebates, and grants.

News & Analysis
14th February 2022
Automotive aftermarket to record appreciable gains through 2027

Recent report by Global Market Insight Inc. suggests that the global automotive aftermarket size will touch a valuation of over USD 800 billion by 2027. The rising preference for automobiles, mainly across the developing economies has ramped up the number of innovations in the automotive sector. This has in turn paved the path for the rise in automotive sales.

26th January 2022
Industrial sensors market projections: $30bn by 2027

Wireless technology has continued to serve as a major factor fueling innovation across the industry verticals.

8th September 2021
ADAS market is projected to reach $60bn by 2026

As per a research report by Global Market Insights, the advanced driver assistance system market is likely to exceed a valuation of $60bn by the end of 2026. Growing number of research and development activities centred around integrating technologies like AI to enhance passenger safety is stimulating the development of new ADAS systems.

21st July 2021
Electronic skin products to see rapid adoption in cosmetic applications

Over the past few years, electronic skin technology has gained significant momentum. The technology finds a wide range of use-cases on account of its self-healing characteristics, stretching and self-powering abilities. Electronic skin and patches can be used for patients with prosthetics to provide a sense of touch. In addition, the products are increasingly gaining prominence in diagnostic and therapeutic applications.

8th July 2021
Mechanical ventilators market to garner significant proceeds

Surging COVID-19 cases worldwide have triggered the adoption of mechanical ventilators significantly. Coronavirus is an infectious disease that has a direct impact on the respiratory system of the patient.

10th June 2021
mHealth market to record proceeds with demand for remote data collection

One of the recent studies in the global mHealth market comprises research conducted by the IEEE Open Journal of Engineering in Medicine and Biology, and the Mass General Brigham (MGB) Center for COVID Innovation. The study underscores that mHealth mobile apps providing contact tracing are crucial in the detection of people who might have come in contact with a person infected with COVID-19.

3rd June 2021
Shaping the growth of the ultrasonic sensors market

Rising implementation of ultrasonic sensors across a plethora of industrial applications such as robot sensing, counting substances in conveyor belts, box sorting schemes, and liquid level control, among others, will outline the growth of the industry. The sensors are also gaining immense traction from AMRs (Autonomous Mobile Robots) to determine vehicle distance from the object and for detecting obstacles.

24th May 2021
Electric bus market to record growth with government support

In January 2021, Proterra Inc., a major player in the global electric bus market, agreed to go public by means of a merger with ArcLight Clean Transition Corp, joining numerous electric vehicle makers in a transaction that was valued at $1.6bn, comprising debt.

20th May 2021
Orthopedic disorders to elevate global devices market share

The orthopedic devices market will see lucrative growth in the coming years backed by rising innovations and technological advancements in the healthcare sector. Orthopedic medical devices are known to be tremendously efficacious in reducing pain, restoring mobility, and improving the quality of life for many individuals each year.

18th May 2021
5G to spur GaN & SiC power semiconductor market

Rampant development and roll out of 5G technology around the globe will offer new growth prospects to GaN and SiC power semiconductor manufacturers. These semiconductors are known for providing small form factor and high-power density, hastening their adoption whilst telecom operators augment infrastructure development.

15th April 2021
Portable photorejuvenation devices market to record 6.8% CAGR

Rise in prevalence of skin problems coupled with demand for non-invasive treatments is expected to drive photorejuvenation devices market trends. Over the past few years, there has been a growing craze for aesthetic transformations such as hair removal, wrinkle reduction and tattooing.

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