Market Overview The global electric motors market size and share was valued at USD 154.42 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.30% during the forecast period. This expansion is largely driven by the rapid adoption of electric mobility, the increasing demand for energy-efficient systems, and a growing emphasis on automation across...

Market Overview The global fog computing market was valued at USD 294.01 million in 2023 and is projected to witness substantial growth, expanding at a robust CAGR of 40.1% during the forecast period. Fog computing, also referred to as fog networking or fogging, is emerging as a vital component in the evolution of data processing, especially in Internet of Things (IoT) and edge...

Market Overview The global durable medical equipment market was valued at USD 210.85 billion in 2022 and is expected to grow at a CAGR of 6.1% during the forecast period. Durable medical equipment (DME) refers to devices and supplies that are used in healthcare settings or home care to aid in the diagnosis, monitoring, or treatment of medical conditions. These products are...

Market Overview The global identity & access management (IAM) market was valued at USD 17.25 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 12.4% during the forecast period. As digital transformation accelerates across all industries, organizations are increasingly investing in IAM solutions to manage and secure user identities, control access...

Market Overview The global smart lock market size and share was valued at USD 2.69 billion in 2023 and is anticipated to generate an estimated revenue of USD 11.92 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.10% over the forecast period, 2024 to 2032. This exponential growth is fueled by increasing adoption of smart home technologies, rising security...

Market Overview The global monoclonal antibodies in veterinary health market was valued at USD 785.71 million in 2022 and is expected to grow at a CAGR of 15.98% during the forecast period. This remarkable growth trajectory is largely driven by the rising adoption of advanced biologics in veterinary therapeutics, increasing prevalence of chronic diseases in companion and livestock...

Market Overview The global recycled ocean plastics market was valued at USD 1,673.34 million in 2022 and is expected to grow at a CAGR of 7.5% during the forecast period. This growth is being driven by increasing global attention toward marine pollution, the environmental impact of plastic waste, and a strong shift toward sustainability. As ocean plastic pollution continues to raise...

Market Overview The global electronic toll collection market was valued at USD 9,492.07 million in 2022 and is expected to grow at a CAGR of 6.9% during the forecast period. Electronic toll collection (ETC) systems enable automatic toll payments without the need for manual intervention, offering seamless transit, reduced congestion, and enhanced operational efficiency. These systems...

The global non-fungible tokens (NFTs) market was valued at USD 24.78 billion in 2022 and is expected to grow at a robust CAGR of 32.6% during the forecast period. With the increasing acceptance of digital collectibles, expanding use cases across industries, and rising investor interest, the NFT ecosystem is witnessing unprecedented momentum. This surge is propelled by the convergence...

Market Overview The global connected rail market was valued at USD 93,831.91 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% during the forecast period. The industry is undergoing a transformation with the integration of smart technologies aimed at modernizing traditional railway systems. This market is being shaped by rising demand for...