The total market size of the global Industrial Internet of Things market is valued at USD 216.13 billion in the year 2020. Its market value is expected to grow at a CAGR of 22.8 % within the forecasted time horizon of 2020-2025 because of increasing number of connected gadgets, increasing […]
Industry
The cybersecurity market in Vietnam is projected to accelerate at a CAGR of 14-15% and hit $215 million by the end of 2023. As the country is on digital transformation drive, there is heightened demand for cybersecurity solutions primarily related to UTM and Insider Threat Mitigation strategy across retail, ecommerce, […]
India’s move to electric mobility might result in a USD 206 billion market potential by FY30. EV production accounts for the lion’s share of this opportunity. India’s automobile sector is the world’s fifth largest, with plans to become the third largest by 2030. Reliance on traditional modes of fuel-intensive mobility […]
The demand for high-quality infant formula products that closely replicate the composition of breast milk is growing, and the worldwide infant formula ingredients market is growing rapidly. The market is expected to expand to $25.5 billion by 2025, up from $17.96 billion in 2020, with a 7.3% CAGR. Furthermore, the […]
Construction Industry in Philippines is valued at USD 20.05 billion in year 2020 and is expected to reach USD 54.12 billion by the end of the year 2026. It is expected to grow at a CAGR of 18.2% because of rising number of construction projects, increasing demand for green construction […]
Singapore’s cybersecurity market appears to grow at a CAGR of 15% in 2021 and is likely to reach $889 million by the end of 2022. In a post-covid and digitally disrupted world, Singapore is subject to increased online activities and interconnectivity as the rest of the world. This means there […]
Covid-19 has triggered the rapid adoption of remote work culture and online activities which has exacerbated cybersecurity concerns in Indonesia. In this regard, the Indonesian cybersecurity market primarily focus on network security and advanced malware analysis. It is projected that together they will account for 68% of the total market […]
The Middle-East retail industry is expected to grow at a CAGR of 4.0 percent from US$ 360.4 Billion in 2020 to US$ 438.5 Billion in 2025. Following a drop in 2020, retail sales are expected to recover and grow through 2025, owing to population growth and international tourist arrivals. Definition […]
The Indonesian trade and logistics market size is estimated to reach USD 349.5 billion by 2026. It is anticipated to exhibit a CAGR of 7.9% during the forecast period. The increasing infrastructure development, exponential rise in e-commerce and the encouraging trade among ASEAN are expected to drive the growth in […]
With Malaysia’s push towards digitisation makes an increase in cybersecurity risks inevitable. Malaysia’s cybersecurity market is projected to grow at a CAGR of 15-16% and is likely to be worth $607 million by the end of 2021. In a post-covid and digitally disrupted world, Malaysia is subject to increased instances […]