The Business Research Company

Recent Posts by The Business Research Company:

The Future of Elderly Monitors: Market Trends, Growth, and Key Insights

The global elderly monitors market is projected to expand from $3.4 billion in 2023 to $5.7 billion by 2028, representing a compound annual growth rate (CAGR) of 11.2%.

Topics: Consumer Electronics Medical Devices Industry Insights

E-Scrap Recycling Market Set for Rapid Growth at a CAGR of More than 11%

The global e-scrap recycling market is on an upward trajectory, projected to grow from $8,619.33 million in 2023 to $13,944.51 million by 2028, driven by a compound annual growth rate (CAGR) of 10.10%.

Topics: Materials & Chemicals Industry Insights

Generative AI Market to Grow 43% Annually from 2024 to 2028

The generative AI market is experiencing unprecedented growth, largely driven by advancements in large language models (LLMs) such as OpenAI's GPT series and Google's BERT.

Topics: Software & Enterprise Computing Industry Insights

Cancer Biomarker Market Size to Reach $39.7 Billion by 2028

The cancer biomarker market has witnessed substantial growth in recent years, and according to market analysis, it is poised to reach $22.77 billion in 2024 from $19.74 billion in 2023, reflecting a compound annual growth rate (CAGR) of 15.4%.

Topics: Pharmaceuticals Industry Insights

Sports Industry Revenue and Top Trends for 2024 and Beyond

Just how much is the sports industry worth? According to new research from The Business Research Company, the global sports market reached a value of nearly $484 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.6% since 2018.

Topics: Travel & Leisure Industry Insights

Artificial Intelligence in Medical Devices Market Set for Unprecedented Growth

The AI in medical devices market has experienced an extraordinary surge, propelling from $15.42 billion in 2023 to an estimated $22.3 billion in 2024, showcasing a remarkable compound annual growth rate (CAGR) of 44.6%, as per The Business Research Company’s AI In Medical Devices Global Market Report 2024.

Topics: Medical Devices Industry Insights

Global High-Performance Computing Market to Hit $117.8 Billion by 2032

High-performance computing (HPC), characterized by its capacity to analyze data and perform complex computations at remarkable speeds, is at the forefront of technological innovation. According to a recent report by The Business Research Company, the HPC market is experiencing strong growth:

Topics: Computer Hardware & Networking Industry Insights

7 Major Media Industry Trends to Watch in 2024

Media is the communication tool through which information, educational, entertainment, data or promotional messages are disseminated. The global media market was worth more than $2 trillion in 2022 and includes revenues from TV and radio broadcasting; film and music; information services; web content, search portals and social media; print media; and cable and other subscription programming.

Topics: Media Industry Insights

Autonomous Marine Vehicles Market Projected to Reach $4.9 Billion in 2027

The global autonomous marine vehicles market reached a value of nearly $2.3 billion in 2022, having grown at a compound annual growth rate (CAGR) of 14.5% since 2017, according to the Autonomous Marine Vehicles Market Report 2023. 

Topics: Transportation & Shipping Industry Insights

Hydrogen Fuel Cells Market to Witness Exponential Growth

The hydrogen fuel cells market will reach a value of nearly $8.2 billion in 2023, having grown at a compound annual growth rate (CAGR) of 28.8% since 2017. The market is expected to reach $31.8 billion by 2027, rising at a rate of more than 41%. The market is further expected to grow at a CAGR of above 37% from 2027 and reach $154 billion by 2032.

Topics: Energy & Resources Industry Insights