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Press releases

Published On: August 26, 2020

The global software defined radio market size is projected to reach USD 39.6 billion by 2027 with a CAGR of 8.7%, according to a new report by Million Insights. The growing demand for SDR communication in telecommunication, military & defense and various other sectors are expected to be a key driving factor for the market growth in the forthcoming years. The growing development in the wireless networks such as moving from 2G/3G to 4G and now 5G is creating huge problems for networks providers, equipment vendors as well as subscribers. 

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Published On: August 26, 2020

The global legal services market size is estimated to attain USD 1,045.2 billion, by the end of 2025, and is projected to grow at the CAGR of 4.1% during the forecast duration, 2019 to 2025, as per the new report by Million Insights. Increasing use of new & advanced technologies in legal services are projected to boost market growth.

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Published On: August 26, 2020

The global automotive hypervisor market is anticipated to generate a revenue of USD 698.2 million by 2025 and growing at a CAGR of 33.2% over the forecast period, from 2019 to 2025, according to Million Insights. The market is majorly driven by growing demand for advanced features in vehicles

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Published On: August 26, 2020

The global portable fire extinguishers market size is projected to touch USD 16 billion by 2025, according to a new report by Million Insights. It is anticipated to grow at 10.2% CAGR through the forecast period of 2019 to 2025. Demand for extinguishers that are lightweight is growing amongst the consumers. Rising number of casualties is a key factor propelling the demand for such extinguishers in commercial and residential premises. Governments are majorly focusing on strict measures to ensure safety, which is expected to have a positive impact on the growth of the market. 

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Published On: August 25, 2020

The North American heating equipment market size is anticipated to value USD 10.81 billion until 2025. It is also expected to register a CAGR of 5.6% over the forecasted years, 2018 to 2025. The rising number of infrastructure and construction projects coupled with the need for replacement and repair activities is expected to trigger the market growth.

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Published On: August 25, 2020

The global webcams market is anticipated to value USD 11.60 billion until 2027. It is also expected to register a CAGR of 8.2% over the forecasted years, 2020 to 2027. Rising safety and security concerns coupled with the need for virtual meetings are projected to boost the demand for webcams in the across the globe.

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Published On: August 25, 2020

The global smart cities market size is anticipated to be USD 463.9 billion by the end of 2027, according to Million Insights. The market is estimated to register more than 24% CAGR over the forecast period. Smart cities make use of various technologies such as IoT, AI, big data and others to offer an enhanced experience to residents. Factors such as increasing urban population, improving life quality, technological advancements and rapid growing purchasing power are driving the development of smart cities across the globe. 

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Published On: August 25, 2020

The global metal fabrication equipment market size is anticipated to value USD 92.84 billion until 2025. It is also expected to register a CAGR of 3.90% over the forecasted years, 2018 to 2025. Rapid industrialization and rising demand for advanced infrastructure and products are projected to drive the market growth for fabrication equipment.

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Published On: August 25, 2020

The global insurance fraud detection market size is estimated to account for USD 9.7 billion by 2025. The market is projected to grow at 13.7% CAGR as per Million Insights. Over the past few years, insurance fraud has emerged as a huge challenge for insurers. The rise in the number of fraudulent claims has resulted in a growing focus on the deployment of advance and effective detection solution.

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Published On: August 25, 2020

The global C-RAN market size is estimated to account for USD 43.35 billion by 2027, as per a new report published by Million Insights. It is estimated that the market would exhibit 22.7% CAGR from 2020 to 2027. Rapidly increasing wireless and optical communication systems are driving market growth.

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Published On: August 25, 2020

The global buildtech textiles market size is estimated to account for USD 19.04 billion by 2025, as per Million Insights. The market is likely to expand at 5.8% CAGR over the forecast duration. Increasing awareness about the use of sustainable heat insulation and sound-absorbing materials in construction is attributing to the growth of the market.

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Published On: August 24, 2020

The global wireless mesh network market size is projected to reach USD 11.14 billion by 2025 with a CAGR of 9.1%, according to a new report published by Million Insights. The growing demand for high bandwidth, high-speed internet data and an increasing number of smart connected devices across various industries are expected to fuel the market growth in the forthcoming years. 

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Published On: August 24, 2020

The global streaming analytics market size is anticipated to be USD 35,986.4 million in 2025, as per Million Insights. It is estimated that the market would witness 28.9% CAGR over the forecast duration. The demand for streaming analytics services has increased considerably in the past few years in both large and small scale companies. The demand is supplemented by the ability of streaming analytics services to provide deeper analytics on how consumers perceive the content.

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Published On: August 21, 2020

The global nootropics market size is projected to touch USD 4.94 billion by 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 12.5% through the forecast period of 2019 to 2025. Increasing expenditure on healthcare and wellness is expected to proliferate the demand. Additionally, increasing awareness regarding mental illness amongst millennials in emerging economies like India and China is anticipated to propel the product demand.

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Published On: August 21, 2020

The global digital twin market size is anticipated to value USD 26.07 billion by 2025. It is also projected to witness a CAGR of 38.2% over the forecasted years, 2018 to 2025. The shifting trend towards the adoption of digital and VR technologies prevailing among several organizations is expected to drive the market growth for digital twins in the upcoming years.

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Published On: August 21, 2020

The nonwoven geotextiles market size in Asia Pacific, Europe, and Middle East & Africa is estimated to reach USD 6.91 billion by the end of 2025 and is projected to grow at a CAGR of 6.7% over the forecast period 2018 to 2025, according to a new report by Million Insights. Supportive government regulations for the development and utility of geotextiles are projected to increase the demand for the product.

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Published On: August 21, 2020

The global HR professional services market is anticipated to value USD 7.47 billion until 2025. It is also expected to register a CAGR of 12.4% over the forecasted years, 2018 to 2025. The surging need to manage organizational workflow and team management is projected to trigger the demand for such services.

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Published On: August 21, 2020

The global multi-layer ceramic capacitor market size is estimated to touch USD 12.32 billion in 2025, as per a new study by Million Insights. The market is projected to witness 5.1% CAGR over the forecast duration. Features such as enhanced frequency and high resistance are anticipated to drive the market growth.

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Published On: August 21, 2020

The global predictive maintenance market size is projected to reach USD 28.24 billion in 2025. The market is estimated register more than 37% CAGR from 2019 to 2025, as per a new study by Million Insights. Organizations across the globe are emphasizing on reducing operational expenditure and maintenance cost on their equipment.

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Published On: August 20, 2020

The global heat pump market size is anticipated to attain USD 103.8 billion by the end of 2025 and is projected to grow at the CAGR of 8.5% during the forecast period 2019 to 2025, according to the new report by Million Insights.The increasing need for energy-efficient heating solutions in the commercial and residential sector is driving the market growth.

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