IIoT Adoption & Collaborations to Drive $58.36 Billion Industrial Process Automation Market

Technological advancements have brought an industrial revolution, with each sector adopting technologies to improve efficiency, reduce operational costs, and enhance the quality of product. One of the major technologies making waves in the industrial sector in the past decade is automation.

Topics: Industry Insights Heavy Industry

5 Global Industries Poised for Rapid Growth in 2024

Discover five fast-growing industries that are making waves in the business world, and learn which key segments offer the highest potential for revenue growth, based on new data from a variety of leading market research firms.

Topics: Software & Enterprise Computing E-commerce & IT Outsourcing Energy & Resources Healthcare 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 Digital Payments Market Set for Substantial Growth by 2030

In the ever-evolving landscape of global commerce, online payments continue to shape the way we conduct transactions. Despite the resurgence of in-person shopping, the digital realm remains a powerhouse, with credit cards maintaining their dominance, as stated in the latest yStats.com report, Global Online Payment Methods 2023.

Topics: Telecommunications & Wireless Financial Services Industry Insights

The Future of AI in Education: What Education Publishers and Edtech Companies Need to Know

The role of artificial intelligence (AI) in education is a hot topic with plenty of skeptics and technology evangelists on either side of the equation. 

In a recent video discussion, Robert Berkman, the Managing Editor of Simba Information, explained the key challenges faced by educational publishers and tech companies who are launching and marketing AI-enabled products. He also shared the expected outlook for AI in education over the next two years.

Topics: Education Industry Insights Simba Information

The Role of AI in Education: Key Applications and Challenges for Teachers

The use of artificial intelligence (AI) in education offers exciting possibilities for students and teachers as well as a host of challenges. In a recent interview, I sat down with Robert Berkman, the Managing Editor of Simba Information, a leading authority for market intelligence focused on educational publishing and a division of MarketResearch.com.

Topics: Education Industry Insights Simba Information

European Infusion Therapy Market Shows Promising Growth and Increasing Market Share

Infusion therapy, also known as intravenous therapy, plays a crucial role in administering fluids and medications directly into the bloodstream. In the United States, this market has been rapidly growing, driven by the aging population and the increasing prevalence of chronic diseases.

Topics: Medical Devices Industry Insights

The Global Automotive Industry: Key Challenges and Opportunities

The automobile industry is surging ahead, with particularly sharp growth in the U.S. and China, including China’s emergence as the leading manufacturer of new cars for the export market (outpacing Japan for the first time). The global new automobile market was about 886 million units for 2023.

Topics: Transportation & Shipping Industry Insights

How the US Avoided a Recession in 2023, and What to Expect in 2024

At the start of 2023, many financial observers (including the MarketResearch.com economics department) expected the US economy to suffer a recession during the year, most likely during the first half of the year. The Federal Reserve was fighting inflation with a campaign to raise short-term interest rates. Those higher rates were expected to cool business and residential investment spending and eventually lead to decline in overall economic activity.

Topics: Market Research Strategy Industry Insights

$7.6 Billion U.S. Health Coaching Market Will Surge to New Heights in the Next 5 Years

Health coaching has emerged as a $7.6 billion service market, with a strong growth outlook. There are now an estimated 128,000 health coaches and health educators that advise and motivate clients to change bad lifestyle habits and to manage chronic conditions such as diabetes.

Topics: Healthcare Industry Insights