ReleaseWire Connect

IP telephony market accounted to US$25.26 Bn in 2017 and is anticipated to grow at a CAGR of 10.1% to account for US$63.47 Bn by 2027. 

The global IoT sensors market accounted to US$ 9.46 Bn in 2018 and is expected to grow at a CAGR of 23.9% during the forecast period 2019 – 2027, to account to US$ 65.79 Bn by 2027.

Global collaborative robots market is expected to grow from US$ 420.4 Mn in 2017 to US$ 8,979.3 million by 2025 at a CAGR of 46.8% between 2018 and 2025.

Patient Flow Management Market is expected to grow from US$ 452.7 Mn in the year 2017 and is expected to reach US$ 2,126.6 Mn by 2025 growing at a CAGR of 21.9% over the forecast period. The report highlights the trends prevalent in the global patient flow management market and the factors driving the market along with those that act as deterrents to its growth.

Global payment gateway market is expected to grow from US$ 30.6 Bn in 2016 to US$ 86.9 Bn by 2025 at a CAGR of 12.4% between 2017 and 2025.

Latest market study on "Home Automation Market to 2025 by Product (Entertainment Centers, Security & Access Control, Lighting Control, Climate Control and Outdoor Automation System) and Networking (Wired, Wireless and Power-Line) - Global Analysis and Forecast?, the home automation market is estimated to reach US$ 113.82 billion by 2025 from US$ 35.24 billion in 2016. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

The growth of market for elevator modernization is highly influenced by the increasing need for a smooth and efficient mobility system inside buildings owing to increasing urbanization. Moreover, rising concern for safety in elevators in high rise buildings is also acting as a growth factor for elevator modernization market.

According to a new market research study titled 'Digital Forensics Market to 2025 - Global Analysis and Forecasts by Type, Component, and End-User', the global digital forensics market was valued at US$ 3.08 Bn in 2017 and is estimated to reach US$ 6.95 Bn by 2025. The report highlights the trends prevalent in the global digital forensics market and the factors driving the market along with those that act as deterrents to its growth.

Diabetes is one of the largest global health emergencies of the 21st century. Each year more and more people live with this condition, which can result in life-changing complications. According to the International Diabetes Federation (IDF), in 2017, number of people with diabetes in North America was approximately 46 million which is expected to grow at 62 million in 2045. The increase in the disease prevalence is around 35% during the forecast period. Type 2 diabetes is the most prevalent form of diabetes and has increased alongside cultural and societal changes. In high-income countries up to 91% of adults with the disease have type 2 diabetes. As per the report of IDF, one in 11 adults have diabetes in 2015, and it will decrease to one in 10 adults till 2040.

Kitchen countertop is majorly used in residential kitchens and there are wide range of material choices are available in the market. The different types of materials used for countertops are granite, solid surface, quartz, marble, laminates, ceramic slab, wood, concrete, and stainless. Others Granite is the highly adopted materials for countertops which adds elegance to the kitchen. Granite has a greater availability as compared to other countertop materials along with increased number of fabricators globally. Moreover, granite is affordable and provide luxurious look to the different types of kitchen. Owing to the aforementioned factors, granite is the dominant materials used for the design of kitchen countertops. Along with this, quartz is expected to gain traction in coming years which are considered more adaptable and better-performing substitute for granite and marble. The benefits associated with the use of quartz is easy to maintain, resistant to stain, impervious to acid & heat, and it can be custom-fabricated into any size & shape.