Category Archives: Technology Press Release

Bioplastics & Biopolymers Market Size, industry Demand, Types and Research Report 2021

The global market size of bioplastics & biopolymers was USD 2.66 Billion in 2015 and is projected to reach USD 5.08 Billion by 2021. The market is projected to witness a CAGR of 12.0%, in terms of value, during the forecast period. In this study, 2015 is considered as the base year for estimating the market size of bioplastics & biopolymers.

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Chatbots for Banking Market by Products, End User, Global Forecast to 2026

A chatbot is a software program that facilitates interactions among humans and virtual assistants with the help of artificial intelligence (AI) capabilities. The AI integrated with chatbot offers security along with handling texts and other forms of inputs from multiple individuals, this allows the applications to be more intuitive and comfortable while chatting. The security it offers allows it to be utilized for banking transactions. The features AI offers aids in ease of access and security and these are the key factors driving adoption of chatbot in banking sector, thus, fuelling growth of the market.

Sleep Apnea Devices Market to Expand with Significant CAGR by 2023

The Sleep Apnea Devices Market was worth USD 3.67 billion in the year of 2014 and is expected to reach approximately USD 7.14 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.68% during the forecast period. Prime factors crediting for the market development incorporate high unmet medical needs, rising prevalence of sleep & respiratory disorders, for example, Brazil, India, China, and others. Key hazard factors for the advancement of sleep apnea incorporate alcohol, life style habits, for example, alcohol, irregular sleep patterns, substance abuse and smoking. The danger of rest apnea is significantly higher in the age group over 50-60 years.

Gas Separation Membranes Market Size, Industry Demand, Types and Research Report 2022

The global Gas separation membranes market is projected to reach USD 2.61 Billion by 2022 at a CAGR of 7.2% forecast period. The base year considered for the study is 2016 while the forecast period is from 2017 to 2022.

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Gas separation membranes are used to separate and purify a specific component from the rest of the mixture. This technology is widely used for industrial purposes. Cost-effectiveness and energy-efficiency of gas separation membranes make them an indispensable element in various industrial applications. Gas separation membranes are widely used in nitrogen generation & oxygen enrichment, hydrogen recovery, carbon dioxide removal, vapor/gas separation, vapor/vapor separation, air dehydration, and others.

Bone Densitometer Market Growing Stupendously 2018

The global orthopedic devices market size was valued at USD 30.4 Billion in 2016 and is expected to reach USD 43.6 Billion in 2025, growing at a CAGR of over4% during the forecast period. An orthopedic implant is a medical device utilized over a missing bone or joint to provide support to the damaged bone. Stainless steel and titanium alloys are used for the strength of devices and a plastic coating acts as an artificial cartilage. Increasing prevalence of osteoporosis, growing geriatric population base with developing technological advancements are expected to major drivers behind the industry growth over the forecast period.

Cloud Gaming Market to Observe Strong Development by 2023

The Cloud Gaming Market is segmented on the basis of type, server, cloud and end-user. On the basis of type the market is segmented into file streaming, video streaming and others. The cloud segment is further classified in to private, public, hybrid and community. Based on server the market is classified in to play station, G-cluster, gamenow, stream my game and others. The end-users for the global cloud gaming are core gamer, serious gamer and social gamer. Geographically the market is segmented into Asia Pacific, North America, Europe, South America and Rest of the world. North America and Western Europe is driving the cloud gaming market. Some of the leading players in the market are Tsinghua Tongfang, PLAYKEY, Ubitus Inc, Microsoft, Amazon, Samsung Electronics, Beijing Zhongqing Longtu Network Technology Co Ltd, Sony Corporation, GameFly and NVIDIA Graphics Pvt Ltd.

Hashgraph Industry New Tech Developments and Advancements to Watch Out for 2025!!

Hashgraph is an advanced type of distributed ledger technology developed by Swirlds, a US-based company. The key features of hashgraph algorithm includes fast, secure and fairness of access. Hashgraph is a data structure and distributed algorithm that reduces the requirement of major computation power and massive energy consumption. Moreover, hashgraph is expected to eliminate Ripple in banking and finance application. It can carry out functions faster than blockchain, and takes only a second for hundreds of thousands of transactions. These factors are expected to provide major growth opportunity to decentralized applications including games, stock market, and auctions.

Concrete Admixtures Market Size, Industry Demand, Growth, Types and Research Report 2020

The Concrete Admixtures Market size, Industry Demand, in terms of value, is estimated to reach USD 18.10 Billion by 2020, signifying a firm CAGR of over 9.15% between 2015 and 2020. The drivers identified for the concrete admixtures market are growing infrastructure requirements in developing economies, improving economics of construction, and shifting preferences of population towards urbanization.

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Research Methodology

Insulation Market will Exhibit a Steady 7.06% CAGR through 2022

The Insulation Market was valued around USD 40.06 billion in 2014 and is expected to reach roughly USD 74.75 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 7.06% during the forecast years, owing to rising consumer awareness about energy conservation. The encouraging regulatory circumstances in the majority parts of the globe, like novel building codes in the EU which necessitate amplified insulation utilization to trim down energy consumption and it is also anticipated to influence demand growth positively. Rising infrastructure expenditure in developing markets of Asia Pacific region such as China, India, Thailand, Indonesia, etc. is also anticipated to encourage growth over the next few years.

Epoxy Curing Agents Market Size, Industry Demand, Growth, Types and Research Report 2021

The Epoxy curing agents market is projected to reach USD 5.02 Billion by 2022, at a CAGR of 6.84% from 2017 to 2022. The growth of the market can be attributed to the expansion of the construction industry, increasing urban population, and growth of the composite industry.

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Key players operating in the epoxy curing agents market include Evonik Industries (Germany), BASF SE (Germany), Huntsman Corporation (U.S.), Hexion Inc. (U.S.), and Cardolite Corporation (U.S.), among others. Companies have adopted strategies such as new product launches, expansions & investments, partnerships & joint ventures, and mergers & acquisitions to cater to the growing demand for epoxy curing agents worldwide.

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