The Thriving Market for Electric Vehicles in Last Mile Delivery

Consumer purchasing habits have changed significantly because of the pandemic, and many of us now consider online shopping to be the default option. To address and satisfy the enormous demand for online shopping around the world, faster delivery alternatives and hyperlocal shopping have seen huge growth over the past two years.

Topics: E-commerce & IT Outsourcing Transportation & Shipping Industry Insights

3 Key Data Center Cooling Trends for Future Sustainability

Data center cooling systems are used in various industries, such as information technology (IT) and telecom, banking, healthcare, finance, insurance, and retail. As servers in a data center run continuously (24/7), they increase the core temperature of the operating system, and if not controlled, can lead to data center outage; thus, cooling has becomes a standard part of data center operations. 

Topics: Energy & Resources Industry Insights

Graphite Electrode Market Expected to Reach Over $12 Billion by 2028

The global graphite electrode market is projected to reach over USD 12 billion by 2028, according to a recent research report by Mordor Intelligence. Graphite electrodes are widely used in electric arc furnaces and melting furnaces in steel mills, silicon plants, and other factories.

Topics: Manufacturing & Construction Industry Insights Heavy Industry

Innovation in Edge Computing and Its Relationship to 5G

Edge computing is a term that refers to a diffused computing structure that creates a fusion of enterprise applications and data sources, such as local edge servers or IoT devices. 

Topics: Telecommunications & Wireless Industry Insights

The Astonishing Growth of Artificial Intelligence Across Different Industries

ChatGPT has everyone talking, but the wider impact of artificial intelligence (AI) will expand far beyond any one tool, function, company, or industry. Market research analysts have calculated the market potential for AI across various industries, and the growth rates are astonishing. The global market for AI is expected to increase by hundreds of billions of dollars in just a few short years.

Topics: Software & Enterprise Computing Computer Hardware & Networking Manufacturing & Construction Healthcare Industry Insights

Key Facts About the Global Cloud Kitchen Market

Cloud kitchens are platforms that offer a wide range of foods, drinks, and cuisine items intended for delivery only. The thriving food-delivery ecosystem served as the central pillar for cloud kitchens, also referred to as "ghost kitchens" or "virtual restaurants"—however, different countries follow various terminologies when they define this term.

Topics: Food & Beverage Industry Insights

4 Key Trends to Watch in the Global Pet Food Market

The global pet food market is projected to reach USD 153.8 billion in 2027, according to a recent report published by Mordor Intelligence.

Topics: Pets Industry Insights

Expanding the Scope of Non-Invasive Molecular Oncology Diagnostics

The field of genomics has significantly positioned itself as a hotspot of academic scientific research and clinical medicine. Precision medicine and next-generation sequencing (NGS) are two examples of technological developments that have initiated substantial advancements in the field of oncology while also creating new opportunities for further growth.

Topics: Diagnostics Pharmaceuticals Industry Insights

Top 3 Growth Drivers for the Dispensing Pharmacy Packaging Machine Market

As per The Business Research Company’s dispensing pharmacy packaging machine market report, the market is expected to grow from $2.00 billion in 2023 to $2.52 billion in 2026 at a compound annual growth rate (CAGR) of 7.9%. North America is expected to be the largest region in the market during the forecast period.

Topics: Manufacturing & Construction Pharmaceuticals Industry Insights

$76 Billion In-Vitro Diagnostic Market Fueled by Growing Demand

In-vitro diagnostic (IVD) tests are performed on human bodily tissues or blood samples to detect diseases or disorders, or to monitor a person’s overall health to treat, prevent, or cure diseases.

Topics: Diagnostics Industry Insights