Global Genetic Testing Market to Surpass $25 Billion by 2027

The global genetic testing market is expected to grow from nearly $17.5 billion in 2023 to over $25 billion by 2027 at a compound annual growth rate (CAGR) of above 10%, as per The Business Research Company’s Genetic Testing Global Market Report 2022.

Topics: Diagnostics Industry Insights

COVID-19 Pandemic Pushed Preventive Vaccine Market Value Toward $100 Billion

Preventive vaccines are administered to a person who is not affected by a targeted infection to induce the production of antibodies and strengthen the immune response to protect the person from future infections.

Topics: Pharmaceuticals Industry Insights

Can the Integration of AI and 5G in Automotives Revolutionize Consumer Behavior?

Recent innovations such as in-vehicle payments, with the integration of artificial intelligence (AI) and 5G connectivity in automotives, are transforming the user experience.

Topics: Retail Transportation & Shipping Industry Insights

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